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V)6. AOM- Li BANK RECORD RCQ. U. S. PAT. OFFICE 'v. MARCH IN RETROSPECT Page P«f« Financial Events.... 1 Commercial and 9 Course of the Stock Market...... 14 Dividend Declarations 12 Federal Reserve Bank—Brokers' Loans .16 Cotton Foreign Foreign .... 5 Exchange.....-----..-------.16 Affairs 8 Grain—Coffee—Sugar... Hides and Leather Iron and Steel Trade Money Market New Security Issues^. Petroleum and Its Products 8 7 15 Rubber Textiles 9 9 10 11 9 .. —_.....— United States Treasury Financing INDEX TO STOCK EXCHANGE QUOTATIONS Pag* Page Boston 57 Exchange Baltimore Stock Stock Exchange........ Chicago Stock Exchange. Cleveland Stock Exchange Detroit Stock Exchange.. Los .... 41 ..58 New York Stock Exchange—Bonds 19 54 New York Stock Exchange—Stocks 31 ..61 Philadelphia Stock Exchange.. 60 ..62 Pittsburgh Stock Exchange.. 59 San Francisco Stock Exchange 64 66 Angeles Stock Exchange New York Curb Exchange INDEX TO GENERAL QUOTATIONS Pag* P«c« Domestic Municipal Bonds— Companies— Banks and Trust ......—.... Canadian 100 Domestic 91 111 Canadian 93 Exchange Seats 84 Public Utility Bonds Federal Land Bank Bonds 91 Public Utility Stocks... Foreign Government Bonds .. ..92 Railroad Bonds 68 Industrial Bonds................ 82 Railroad Stocks Industrial Stocks. 85 Real Estate Bonds.. Insurance Investing Stocks — ....... Companies SecuritiesLand Bank— Real Estate Trust and Land Stocks 85 73 Textile Stocks 85 Title ....111 Securities — 86 .A/piril 0, WILLIAM B. DANA Guarantee and Safe Deposit Stocks .85 United States Government Securities..91 Textile Stocks— Mining Stocks—- 72 .112 99 Joint Stock Mill Stocks—see 74 ..79 United States Territorial Bonds.. 1937 COMPANY, William Street, Corner or 91 PUBLISHERS Spruce Street, New York. * / \ BANK ;>r/'v.' >',n " ■V of Llbr.rl.n of Congro... Woohlngton, D. March C. 11879. at Now York. N. V., undor the Act of More Copyright In 1»JT by WILLIAM B. DANA COMPANY, Inofflc. «» Socond CI... Mottor, M.rch » IMS, .t th. Pott Offtco Ent.r.J Quotation Record •. and and Central America (except Argentina), which is year. WILLIAM B. Publishers, Street. New York DANA COMPANY, William Street corner Spruce minimum wages for women. for wages MARCH—COMMERCIAL OF AND District FINANCIAL EVENTS President Roosevelt's recent enlarging the Supreme Court strikes down 1923 in the Adkins firmament during the . ■ arguments for and against sitpolitico-economic and a continuation of the past month. Court would increase its efficiency 22, disposed of the tion has by a the "'yyyyy his for to make the Supreme natural for the rallying point cooperative effort of all today assumed." legislative powers which the a some even wili for majority The York the is factor that in which had In unconstitutional. women, enacted majority opinion that by unconstitutional. the case of the New York the was Congress a mini¬ the for In its decision of the court Adkins case New the in the decision which the Supreme Court had ruled of Columbia, 29 law principal law for wage \ versus on "Our said: Children's Chief Justice Hughes the court had been not decision, while in the Wash¬ to con¬ controlling, and thus had made it important factor. its majority opinion the court said: "We may take judicial notice of the unparalleled demands for relief which during the recent period of depression and still con¬ arose tinue to an read alarming extent despite the degree of economic- which has been Achieved." recovery by Justice Sutherland, on The minority opinion, the other hand, said that "the judicial function is that of interpretation; it does not the power of amendment include and longer than the President has lived, have been the In Many, however, have reached the opinion echoing Lincoln's plea for a new birth of freedom case, an have that even those who, for a quarter or half a century, 29. ington case the State Supreme COurt had refused court, courts Law Wage reversal of that in 1936, a sider the Adkins case as "we must have judges who will bring £o the present-day sense of the Constitution—judges who the Minimum March law asked to overrule the Adkins in part that and. reject York said a House, President Roosevelt will retain in the courts the judicial functions of constitutional the division the court last June Hospital should be and is overruled." tion of the Supreme and other Federal courts, and declared a New conclusion again undertook to defend his proposals for the reorganiza¬ courts in a five-to-four de¬ Van Devanter, McReynolds and Butler was the March In his "fireside chat," March 9, broadcast through¬ racy." out the Nation from the White decision District who truly believe in political and economic democ¬ those on Justices Roberts, Brandeis, Stone and Cardozo. found mum squarely on the basis of party loyalty and responsibility, "andits associates," to "remain Reverses Ruling York law, joined the justices who Washington the Adkins case, in Court He exhorted his party, past Justice Roberts, who last year had Children. against the New The President Roosevelt put over More the State Minimum Washington 29, held York constituted the minority. Washington for the Democratic Victory plan March New the Justices Sutherland. The American Bar Associa¬ all parts of the country, decisions other Supreme Court, on By the same numerical invalidated curred in by Dinner, and broadcast to more than 1,100 similar dinners support the Mortgage Law. opinion was written by Chief Justice Hughes, and was con¬ In a speech delivered on night of March 4, before 1,300 guests gathered at the held in down voted Supreme Court proposal, 6 to 1. the States upheld poll of its members condemned the President's Hotel Mayflower in United handed Women and Princeton University characterized controversy." on and Court Finds Supreme The had which he hopes to control the opinions of the court" and calls for a commission for its study and judgment "as remote as possible from the heat of political these to cision ton. President's plan as "a scheme by the reference Minimum Wages for Women Act of the State of Washing¬ expediency" which may even¬ the "atrophy and death" of democraev. Presi¬ Harold Dodds of dent The two latter Acts. Similar New York Act—Justice Roberts Changes Stand judiciary as an "easy path of tually lead to and the Labor Railway the Wage Law Constitutional—S-to-4 Decision such policy. for reorganizing the The court the bench. unanimous, Justice Brandeis and Stone, both were United States hut refused to say any¬ Roosevelt's plan President of of month of the Supreme Court is given below. Professor Ray¬ mond Moley, whose appearance at the Capitol in the past signified that the Administration had brought up its heav¬ iest guns in support of a program, took the witness stand before the Senate Judiciary Committee on March 23 to thing regarding the merits of validity Act and Justice Brandeis ways proposed enlargement of the Supreme assertion that such a condemn the extended read to the Democrat of Montana, which was Judiciary Committee on March made liberals, delivered the opinions, Justice Stone on the Rail¬ larging of the court is legal, but says nothing regarding its Chief Justice Hughes, in a letter to Senator Burton Senate also decisions the proposal for changing the Justice holds that the en¬ merits. K. Wheeler, to upheld side the liberal conservative revised Frazier-Lemke Farm Mortgage There have been many A former Supreme Court court. the affirming decision, The case. Washington, State Supreme Court, was possible by the switch of Justice Owen J. Roberts from proposal for making over or seemed, to have filled the Columbia of decree of the that Chief Justice Hughes said flatly women. the decision reversed that of the court in REVIEW Revers¬ . of State control of minimum wages, the high tribunal upheld the constitution¬ ality of the Washington State law establishing minimum E.G. Smith, 1 Drapers' Gardens, LONDON OFFICE—Edwards & major Acts affirmed the principle ing its previous stand on the question Salle Street. CHICAGO OFFICE—208 South La Supreme Court upheld two of State regulation of 1 * their jobs property right to imperiled by such strikes. On March 29 the the Bank and at $1.00 per copy. by answered is stopped, who assert of the Roosevelt Administration and Quotation Record Is $10 00 Postage outside of United States extra. Single copies are sold The subscription price to jobs has their right the non-sit-downers, whose that they also are entitled to some consideration and have a $18.50 in South Spain, Mexico and Cuba, and other foreign countries. $20 in a work $16.50 in Canada; and U. S. Possessions and Territories; their to am mmm srnmmmmm Record is one of the companion publication* of the Commercial & Financial Chronicle and is issued monthly. Term- for the Chronicle are $15 per annum within the United States of "sit-downers" that to preserve a property progress. course Th® Bank and Quotation The claims is justified as a means in are Bank NO. 4 APRIL 9, 1937 NEW YORK, VOL. 10 < not in stands blame under the guise of inter¬ The minority contended that if the Constitution pretation." the way of achieving rest that must upon desirable legislation, "the instrument and not upon the rally to President Roosevelt's support as he seeks to erect ' court for enforcing it according to its terms." new and more stringent restraints on economic freedom. I In to regard to the sit-down strike situation which appears have become an epidemic of "brain-storms" affecting ' people in all walks of life, the Chrysler Corp. strikers have surrendered the plants, and negotiations for a settlement United States Supreme Moratorium Act Court Holds Revised Frazier-Lemke Farm Constitutional—Says Act Is Still Loosely Con¬ structed, but Is Proper Expression of Congressional Power A unanimous written opinion of the United States Supreme Court, by Justice Brandeis, on March 29 upheld the con- MONTHLY Frazier-Lemke Farm Mortgage which was designed to grant bankrupt similar to that given in facilitating cor¬ stitutionality of the revised Act, Moratorium farmers court aid The opinion said that the present law differs from the previous one which was invalidated, in that it is not so drawn as to make "unreasonable modifica¬ tions" of the rights of mortgagees. The decision was handed down in a suit brought by Robert Page Wright against the Vinton branch of the Mountain Trust Bank of Roanoke, Va. Justice Brandeis recalled that the original law was held porate reorganizations. the ground that the bankruptcy power of Con¬ is subject to the Fifth Amendment, and that the stat¬ invalid gress on since, Amendment that violated ute applied to mort¬ it substantially impaired given before its enactment, gages as mortgagee's security. the mitted adjudged a who cannot pay his bankrupt and be per¬ of his property under court possession retain to Under the statute the court tmay postpone all proceedings against the bankrupt farmer for as long as three years. The farmer pays to the court a "reasonable" supervision. I-.;':-!1 i/. ?•. ;ASSA rental for the property VyK^ At creditors. he retains, and those payments are upkeep and claims of secured and un¬ used to meet taxes, secured United States Supreme Court, by 7-to-2 Decision, Upholds Immunity of City Employees March water hence expiration the property by paying into court "the amount of the ap¬ praisal of the property of which he retains possession, in¬ cluding the amount of encumbrances on his exemptions, up of the appraisal amount the to less the amount paid on Railway Labor Act Held Constitutional by United States Supreme Court in Unanimous Decision—Opinion Finds Law Valid Under Portions of the Railway Labor Act requiring railroads to in collective bargaining with their employees were unanimously sustained by the United States Supreme Court March 29 in on an ministration leaders ■AAA;#, ^A# opinion written by Justice Stone. considered the is still pending before of collective AAA# of Ad¬ particular the court, also involves the principle bargaining, although it is much broader in its : application. r.1 :0 decision since the Wagner Labor Relations Act, which importance, ■v':''a:'A » 1 ; ' \ decision of March 29 The court's Supreme Court ruling reversed sustained that levy, but the The majority ruling was written by Justice Sutherland. Justices Roberts and Brandeis opposed the decision. This was the only important ruling handed down their findings. by the tribunal i March 15.. on Bankers Co. Liabile for Assessments Stock of First National Bank of Detroit of Detroit 5*-"^holders on ,, of stockholders of the Detroit Bankers Co. of Detroit, Mich., failed in the United States Supreme Court in their action seeking to be absolved from the payment of a 100% assessment upon their proportionate share of the stock of the First National Bank of Detroit. The Supreme Court on March 8 declined to review the ruling of the Michi¬ group Federal District Court and the Sixth gan Court of Appeals, and holding them liable for the dismissing their complaint assessment. Payment in Gold Court Upholds Law Abrogating Gold Pay¬ Says Private Contract Providing for Bullion Is Invalid— Supreme Court, by a five-to-four de¬ States United cision was March 1 decided that the Congressional resolution on abrogating payments in gold, applied to rental were specifically based on settlements in of June, 1933, contracts which opinion, written by Justice clause in the con¬ tract, the American Whiting Paper Co. could pay the Holyoke Water Co. in devalued dollars. Dissenters to the opinion comprised Justices Van Devanter, McReynolds, The bullion. gold majority > Butler. and The dissented Justices same in In the present case the minority did not hand down a written opinion. While stating that the sum involved in the Holyoke case is very small and only about $400,000 is affected by similar cases, a Washington dispatch, March 1, to the New York the gold clause cases two years ago. 'Times" referred to the Cardozo opinion as of Supreme United States Impose Tax to on Court Upholds Right of New York State Income Received by New York Resident from Land Owned in New Jersey The States United Supreme Court on March 1 handed upholding in a seven-to-two opinion the decision down a McReynolds. The latter found that the Railway Labor Act, based A" f1 ' I AaA| system. against the railroad, which then appealed to the Supreme interstate commerce clause of the Constitution, was v A' v of Congress to control the national monetary mental power Court. the '• marked sig¬ right of the State of New York to tax income received by a resident of New York from land owned in New Jersey. The two who dissented from the ruling were Justices Butler and The Fourth Circuit Court of Appeals ruled tion of Labor. 1 because it affected the funda¬ nificance to the government handed down in a No. 40, Railway Employees Department, American Federa¬ on The majority opinion, handed down by Justice Stone, declared that "a State may tax its residents upon Congress possessed power to maintain interstate transporta¬ a business whose physical assets, located without the State, are beyond its taxing power." The opinion was given in the case of Annie Colin of New York, who received income from real estate in Passaic, N. J., tion despite industrial conflicts. left to net income from a proper measure to ruptions due to protect interstate labor The court's decision disputes. on interstate activity, from inter¬ commerce The court asserted that March 29 said that so-called "back- shop" employees of the railroad in even one considered they are as in between the authorized representatives of by confer¬ employer and The statute, he said, does not undertake to com¬ pel agreement between the employer and employee, but it does order certain could meet and be preliminary steps without which reached, confer with and it no agree¬ "requires the employer to the authorized representative of its employees, to listen to their complaints, to make reasonable effort to compose differencesn-in short, to enter into a nego¬ tiation , for the settlement of labor disputes." Virginia Milk Control Law Declared Valid by United States Court Upholds Right of State to In an Fix Maximum and Minimum unanimous ruling the United States Supreme Court upheld the constitutionality of the Virginia law, enacted in 1934. The Act created a State milk commission with ; areas and fix opinion of the Cardoza and minimum and maximum prices. The Supreme Court was delivered by Justice concurred in with the exception of a granting to the State ■ prices of milk. by all members of the Court dissent to power to a portion of the decision fix minimum and maximum This dissent was entered by Justices Van Devanter, McReynolds, Sutherland and Butler. Enjoined Holding Company Act-—Judge Mack Requires Their Registration with SEC Federal Judge March 8 issued Bond & a Julian W. Mack, of New York City, on Electric decree permanently enjoining the Share Co. and 12 subsidiaries from yiolating pro¬ visions of the Public Utility Holding Company Act of 1935. The decree, which conforms with an opinion by Judge Mack last directly or January, enjoins the companies from engaging indirectly in the transportation, transmission or disposition of natural or manufactured gas or electric ^ergy in interstate commerce, or using the mails or any means of interstate commerce in connection with service, sales or con¬ struction work, until and unless they register with the Securities and Exchange Commission, or cease to be holding The injunction was to become "30 operative was signed on March 6. In a letter to stockholders made public on March 25, the Electric Bond & Share Co. indicated that it will appeal the decision of Judge Mack. The letter said that the company could not register with the SEC "without gravely jeopard¬ izing" stockholders' interests. TVA Permitted to authority to establish milk marketing area was sued the had Utility days after the date of the decree," which Supreme March 29 milk eontrol front : Violating companies. Prices on She refunds, but lost in the Electric Bond & Share Co. and Subsidiaries Permanently State. of the law is the avoidance of industrial strife, ment under her husband's will. her New York Tax Commissioner for engaging engaged Justice Stone, in his opinion, said that the major objective employee. wholly State courts. are though repair shops and remain within ence ■ j -.t~, Decision ments—S-to-4 The •-'/■V'Vk A:A United States Supreme V the Virginian Railway against System Federation suit by of Board Sutherland Interstate Commerce Clause engage whose salary of $14,000 was taxed in 1931. The Tax Appeals and the Second Court of Appeals Brush, Cardozo, said that despite a gold bullion principal." 'h the salary of the Chief Engineer of the city's Bureau The appelant in the case was William W. upon period the farmer may regain unencumbered possession of his 15, ruled that the maintenance of New York City's supply is an essential governmental function, and the Federal government cannot impose an income tax of Water Supply. moratorium of the from Federal Income Tax States Supreme Court, in a 7-to-2 opinion on The United A present law permits a farmer The debts to ask that he be REVIEW • New Orleans v>A:;, Tribunal Sell Electricity Circuit Court in Georgia—Decision of Federal Reverses Order by Tennessee ;;AA##A'A A:AAA' A A A# A A# 1 A'A#A AyA#AA. The United States Fifth Circuit Court of Appeals in New on March 17 ruled that the Tennessee Valley Author¬ Orleans ity may sell electricity in Georgia. The decision reversed an order of the Eastern Tennessee District Court, in so far as Georgia is concerned. The Circuit Court thus decided a case in which two lower Federal tribunals, one in Georgia and the other in Tennessee, had issued contradictory opinions. \ The VAV,. April, 1937] MONTHLY District Court of Eastern Tennessee had enjoined the President Roosevelt last February submitted to Congress the report of his Special Committee on Farm Tenancy, and TVA from expanding in Kentucky, Virginia, Tennessee, North Carolina, West Virginia, Mississippi, Alabama and Georgia. in Held Valid by Federal Circuit of Appeals Court New in Orleans—Reverses Decision of El Paso Judge in Power Company Case accompanying ' . ' ' ' ' • constitutionality of the National Labor Relations Act upheld on March 18 by the United States Fifth Circuit Court of Appeals in New Orleans, when the court reversed a —Measure Designed to Protect Wheat Labor Relations Board and at the same time said that Congress through the law had "exceeded the powers vested in it" by the Constitution. March 23. on The joint opinion of the Fifth Circuit COurt in New Or¬ leans of March 18, written by Judge Howard R. Holmes, in Judge Boynton, held that the Court erred in declaring the Act void unless its unconstitutionality appeared beyond a reason of doubt. / of Favorably Reports Measure Committee, the Guffey-Vinson bill, designed to terstate of in cities the Act. right Appellate and Court's opinion affirmed Louisville. rlv to to to by judgment of Jefferson Court in a test instituted case The Federal Circuit Court of Appeals at New Orleans and bigger teeth new in it. New York 13%% from 19%%. to the committee lowered time Representative Fred M. made on Passes ;W; The YyXy'.'YYyyY ■ to be tax a levied all on mmmm pro¬ •*>. levy was cut from 1%% Kentucky, Democrat, Vinson, :y[yy^y>,. [;■, y'y: :yy ;r'- ) If objections record a vote, passed by the Senate on March 9, The bill, and sent to the House. sponsored by Senator Copeland of New York, Chairman of the Senate Commerce Committee, is designed to "prevent Just compensation. ' The opinion, which was unanimous, was rendered by three judges. It was handed down in deciding the adulteration, and false advertisement of misbranding, V drugs, devices, and cosmetics in interstate, foreign, and other commerce subject to the jurisdiction of the United food, suit filed by the Charles C. Steward Machine Co. against Harwell G. Davis, Alabama Collector of Internal Revenue, for the recovery of $46.14 levied in connection with the salaries of its eight employees in 1936. States, for the of safeguarding the public health, purposes and preventing deceit upon liiiii the purchasing public*" my'V'm. McReynolds Neutrality Bill Voted by House—Measure Substituted "■YyYYY'/Yyiii for Senate Approved Pittman Resolution , ISIllliSl Iill::! ill!:! Ill-. of Previous Decision The House on March 9, five-to-one decision, upheld the constitutionality of the State Fair Trade Law, thus reversing its ruling of Jan. 7, 1936, when it declared the statute unconstitutional. The by a latest action of the court is in line with that taken by the United States Supreme Court in upholding similar legisla¬ tion of California and Illinois. t; > the court The was latest suit, on which brought by the Bourjois ruled Sales Corp., on March perfume 9, manu¬ facturers of Brooklyn, which sought an injunction to pro¬ Dorfman, a Brooklyn druggist, from selling products at prices allegedly below those stipulated by hibit Abraham its the company summarized in contracts. as The decision of the court appeal now before us," the Court said in the majority opinion by Chief Justice Frederick E. Crane, "is in no way different from that before the Supreme Court under the Illinois Act. "We feel it duty to submit our Court of the United) our own States and judgment to the rulings of the the interpretation of its own decisions." House Committee Rejects Plan for Aid to Farm Tenants—-Eliminates McReynolds Agricultural Committee on March 31 voted to eliminate from the Farm Tenancy Bill the provision pro¬ viding $50,000,000 annually, over a ten-year period, to finance capable farm tenants desiring to own farms. The committee rejected the provision by the vote of 13 to 11. Of those rejecting the provision, seven were Democrats and six Republicans; with one exception those voting for the were Democrats. The action is regarded as the first major legislative defeat suffered by President Roose¬ velt since the present session of Congress convened. Only the day previous to the committee's action (March the President had He conferred the by Representative resolution the sponsored by Senator ll'll Key •• . body. of Nevada, and already Senate had passed The approved the Pittman by the upper resolution 0.* on March 3 by a vote of 63 to 6. Before passing the McReynolds resolution the House on amendments excepting those which approval of Representative McReynolds. 18 March rejected all had the New Child Labor Amendments Introduced in Senate—Regulation of Products of Child Labor also Sought A Child Labor Amendment to the Constitution which new would give the Federal government power "to limit, regu¬ prohibit the labor of persons under 14 years of introduced in the Senate on March 24 by Senator Borah of Idaho. The present Child Labor Amendment, which is now before the States for ratification, provides for the regulation of the employment of children up to, 18 years. Senator Borah's proposed Child Labor Amendment was age," with 30) appealed that the section be approved. Chairman Jones House and several members Agricultural Committee, Senator Bankhead of Alabama, Secretary of Agriculture Wallace, and W. W. Alexander, Resettlement Administrator. was E. William introduced in the form of Senator The House of 12, passed the Sam D. sending it to the Senate as a of Tennessee, for substitute Pittman Provision in Bill for Loans to Purchase Land section March 18, by a vote of 374 to late and "The written Supreme on neutrality resolution sponsored was follows in the Albany "Knickerbocker Press" of March 10: •' '.i' co-author by President Roosevelt, the Copeland food, drug and without The tribunal confirmed findings by a lower court that the Act did not take private property for public use without M ■ Copeland Food and Drug Bill in Form Desired by cosmetic control bill was Act. The New York Court of Appeals in Albany ■ Ways and A penalty tax for In the form in which it was redrafted to meet constitutionality of the Social Security New York Priam Law Upheld by State Court of Appeals, in Reversal the : . , President Roosevelt Federal Appeal* Court in New Orleans Upholds Validity of Social Security Act a had put increased was same %%. Senate V March 20 upheld the to I the bill, said the reduction would save the industry approximately $8,000,000 annually and still produce about $4,000,000 revenue. Commissioner Charles ;| from Washington, 11 ■ of , written was is March ducers to finance administration of the law. The 1936 Assembly, in special session, extended the legislation to apply The Morris class provisions of the Federal Slum Clearance third, fourth and fifth class cities. Committee At the andi second the bill on y producers who fail to comply with the code of fair competition prescribed stated: first to ":yyy.y \:ls,yyr . by the law advices only on Press, advices Before the present hill reached the floor the powerful House In part General v-iss: following bearing Means gave with amendments. 25 "Herald Tribune" of March 12: Feb. 19, the court also held that Louisville's avail themselves -Si The Associated on same March on Municipal Housing Commission was created legally and was functioning within statutory and constitutional limitations. Act liiiii the measure, but without success. The House approved the bill without a record vote following two days of debate. Feb. 19 by the Kentucky Court of Ap¬ According to Associated Press accounts from Frank¬ the regulate^ in¬ Several attempts had been made in the House to amend The validity of a 1934 Kentucky Act creating municipal housing commissions to eradicate slum areas with Federal 1934 I'ly, llll'l ; The bill, which is a in bituminous coal. commerce measure Appeals The ir in the Means States Supreme Court, was sent to the Senate; the Senate Committee on Interstate Commerce favorably reported the Validity of Kentucky Housing Law Upheld by Kentucky Court of on -::.. revised version of that invalidated last May by the United authority to regulate the relations of employer and em¬ ployee in "production or manufacture." fort^ Ky. .y The House of Representatives on March 11 passed, same form as approved on Feb. 22 by the Ways and no peals. ymYYyyYY III Coal Control Bill—Senate Committee ! The decision of the New Orleans Circuit Court of Appeals of March 18 is the second to be handed down by the Court on the NLRA. The Court last June ruled that the NLRB had upheld yr-yryyy-:'- Growers ' * • House Passes Guffey-Vinson District was 'i1', VV':J\VrP', V ; signed to protect wheat growers against loss in yields of ..\y.yy.y■... wheat due to drought", flood, insect infestation, plant disease, etc. Several attempts to amend the measure failed in the mmty Senate, and it was passed by that body in the same form in which it was approved by the Senate Agricultural Committee Judge Boynton, on June 10, last year, had issued permanent injunction to the El Paso Electric Co. against aid, J : F The Senate on March 30, without a record vote, passed the Administration's $100,000,000 crop insurance bill, de¬ Texas. the decision • l ' ■ . 1 decision handed down last June by Federal Judge Charles A. Boynton of the United States District Court in El Paso, reversing ■ Administration's $100,000,000 Crop Insurance Bill Passed by Senate The a 4 , ^ ''■ , :• ** ■ was the National urged that the Committee's message individuals. V • an recommendations be adopted. The President at that time had emphasized that the only solution to the farm tenant problem is a nation-wide program under Federal leadership, with the assistance of States, counties, communities and The District Court of Northern Georgia ruled that the Ten¬ nessee court's injunction was not valid as regards Georgia. NLRA 5 REVIEW to Burton K. a i|ly joint resolution. Wheeler of Montana also products of child - labor "subject to the laws of the into which of goods where child# labor is Another new designed outlawed. Child to Labor meet Amendment objections which to the have Constitu¬ prevented adopted by Congress 13 years introduced on March 29 by Senator Vandenberg Michigan. The Senator said that his measure would child labor in the truest introductory clause provides mitted for ratification by Legislatures. Section labor for 1. hire of the sense phrase. that the amendment State be The sub* conventions instead of by The amendment then continues: The Congress of persons shall under 16 have years ,i i . ■ power to of age. limit and prohibit tbt i ■ - ' J.1;'. ;' V" v was forbid '■;■■■ State It would also prohibit the made by child hbor into States ratification of the proposal of |l '■■■:■: iy they are shipped." transportation ago, y Senate, on March 24, a bill which would make the the tion, . submitted li:.: MONTHLY 4 several States is The power of the Section 2. except necessary Resolution Granting Returns on "Windfall Taxes" Signs Roosevelt President Filing March 13, at Warm President Roosevelt on 6'000 unimpaired by this article, laws shall be suspended to to give effect to legislation enacted by the Congress. that the operation of State Springs, Ga., a after the United States Supreme Agricultural Adjustment Act. The processors Court invali¬ returns were The resolution signed Commissioner of In¬ Reasonable extensions of time" for filing the returns, but 'limits the extensions to June 15, 1937, except in the case of taxpayers who are abroad, :'v The joint resolution was passed by the House on March 11, following its passage by the Senate on March 10. dated the to be filed by March 15. by the President authorizes the ternal Revenue to make "additional required President Roosevelt Signs O'Lcary "sit-down" strikers who had held nine plants Corp. in the Detroit area since March 8 evacuated the plants on March 25, following an agreement reached at conferences between John L. Lewis, Chairman of the Committee for Industrial Organization, Walter P. Chrysler and Governor Murphy of Michigan. Governor Murphy had proposed the meetings in an effort to end the strike, which threw 60,000 employees out of work. Mr. Lewis on March 24 agreed to the evacuation of the plants, and in turn, Mr. Chrysler agreed not to try to resume pro¬ duction of automobiles in the affected plants or to move any dies, machinery or equipment to other plants where production might be begun, during the collective bargaining negotiations. These negotiations were resumed by Mr. Lewis, Mr. Chrysler and Governor Murphy on March 25, after the strikers occupying the plants had accepted the truce and withdrawn from the factories, and were recessed on March 30 to permit Mr. Chrysler and Mr. Lewis to go Six thousand for joint resolution extending to June 15 the time for filing returns on the so-called "windfall tax," levied by the Revenue Act of 1936 to recover the money paid back to signed "Sit-Down" Strikers Withdraw from Nine Chrysler Plants, Reached by John L. Lewis and Walter Chrysler Under Truce the extent Extension REVIEW Bill, Placing Deadline for Charter Lines at June 29 of Government-Owned Ship the Chrysler of They were resumed again on New York. to April 2. \ March 31 expressed confidence that a basis for agreement would soon be achieved. It was extending the unofficially reported that union leaders were seeking a shipping lines. without a record vote, including Commerce Committee compromise on their original demand for "sole" bargaining amendments extending the deadline to June 29, 1937. The rights which would be accepted by the workers. same measure, passed by the House on Feb. 24, placed the Steel Companies Increase Wages, Lower Hours and Agree to Confer with C. J. O. Officials on Plans to Unionize Industry—40-Hour deadline at as soon as practicable after Dec. 31, 1937. The Week Will Enable Compliance with Walsh-Healy Act measure as approved by the Senate was sent to conference Fears of a strike in the steel industry, fostered by agents with a House committee, which approved the Senate amend¬ of the Committee for Industrial Organization, were allevi¬ ments. The House itself also approved the Senate changes ated on March 1 when officials of Carnegie-Illinois Corp., on March 24, and the measure was then sent to the White House for President Roosevelt's signature. largest subsidiary of United States Steel Corp., agreed to confer with representatives of the Steel Workers' Organ¬ The Senate also provided that operating companies may izing Committee, affiliate of the CI. O., on plans to union¬ begin voyages which cannot be completed before June 29. ize the industry. Union leaders termed this action one of Senate Passes Bill to Provide for Classification of Cotton their greatest victories in the history of labor relations, The Senate on March 4 passed and sent to the House the and predicted that the C. I. O. affiliate would receive recog¬ Smith bill, authorizing the Secretary of Agriculture to pro¬ nition as bargaining agent for much of the steel industry. vide for the classification of cotton, to furnish information On the same day (March 1) five large steel companies an¬ on market supply, demand, location, condition and market nounced a reduction in the work week from 48 to 40 hours, prices for cotton, and for other purposes. The bill, which and the establishment of a $5 daily minimum wage for was introduced on Feb. 11 by Senator Ellison D. Smith of common labor. It was expected that all other important South Carolina, was approved by the Senate Committee on steel companies would make similar announcements, making Agriculture and Forestry, of which Mr. Smith is Chairman, total wage increases in this industry of about $100,000,000. on Feb. 18. A similar measure is now before the House. bill, deadline for charter of government-owned The Senate passed the measure on March 19, President Roosevelt ■, on April 1 signed the O'Leary Governor Murphy on Establishment of the 40-hour week Authorizing Acceptance of Mellon Art Gift by Legislation Government Announcement ington was Signed by President Roosevelt made at House in Wash¬ the White March 25 that President Roosevelt had signed the on panying offer to build a gallery in Washington to house the creases collection. the announcement The that said President the signed the resolution at Warm Springs, Ga. United new steel by the House the Roosevelt had requested Congress to was approved on President the legislation to same pass day. enable the government to accept the gift. Senate Committee Approves Membership The Senate Commerce Committee on March 9. Senate action of the nominations is now the Commission Joseph P. Kennedy of New York, former are only required. head of the Securities and been designated Chairman; United States Navy, The five named to Exchange Commission, who has Rear Admiral Henry A. Wiley, retired, Chairman of the temporary three-man commission and the only carryover; Thomas M. Woodward of Pennsylvania; Edward C. Moran Jr. of Maine, and Admiral Emory S. Land, United States Navy, retired. eligible for A joint resolution declaring Mr. Kennedy appointment as Chairman of the Maritime Commission was signed by President Roosevelt on March 30, following its passage by the House March 25. on The Senate had ap¬ proved the measure on March 24. The resolution was neces¬ sitated by a provision in the Maritime Act of 1936, which stipulates that no one may become a member of the Mari¬ time Commission who had been interested in Ships or ship¬ ping up vision the to three years prior to his appointment. This pro¬ applicable to Mr. Kennedy, in as much as he is was owner of 1,100 shares yards, Inc. , of stock of the Todd —Fails to leaders to Four other Inland Steel Specify Minimum Wage On announce steel negotiations for with steel receiving a minimum wage of $4.20 a day. wage companies They the National and hour Steel Corp., adjustments the first his concern's was for followed almost Republic Steel similar employing 65,000; immediately with Steel Corp., Bethlehem were: 13,000; Corp., 7,500, and Youngstown 23,000. March a 2 Associated Press advices from Pittsburgh preliminary contract signed by Benjamin F. Fairless, President of the Carnegie-Illinois Steel Corp., in addition to granting $5 a day minimum pay and a 40-hour work week, effective March 16, to its 120,000 workers, recog¬ nized the Steel Workers' Organizing Committee as the col¬ lective bargaining agency for employees who are members of the Amalgamated Association of Iron, Steel and Tin Workers, and created a joint committee to meet not later than March 10 to effect a more detailed agreement. These five subsidiaries United States Steel Corp. on supplementing 2, in which the Carnegie-Illinois Steel Corp. recognized the right of the Steel Workers' Or¬ ganizing Committee, a C. I. O. affiliate, t> deal with the company for its members. The contracts signed on March 17 provided that any differences arising between now and March 1, 1938, when the contracts expire, should be taken up without cessation of work, with the final decision, if an agreement was not reached, to be handed down by an im¬ partial umpire to be named by the company and the union. of the March 17 signed contracts with the C. I. O., the agreement of March Douglas and Northrop Airplane Factories in California Reopen as "Sit-Down" Strikers Are Evicted—Workers in Douglas Plant Given Wage Increase *' increase amounting to 5c. an hour for all em¬ ployees of the plant in Santa Monica, Calif., of the Douglas Aircraft A final agreement are now Chairman of Corp., A wage General Motors Officials and Union Leaders Reach Final Agreement plans 20,000 employees. Ship¬ .r O. I. generally Weir, stated that the five nominations to the permanent Maritime Commission made by President Roosevelt on T. Sheet & Tube, March 24 approved C. announcements. of Permanent Maritime Commission—J. P. Kennedy Declared Eligible for Chairmanship to the agreements will go into effect lor all companies on March 16. permit free admittance to the gallery. The Senate passed the bill on March 15, with the amendment, shortly after it Ernest Pittsburgh, March 1, follows: as Steel workers on from advices "Journal of Commerce" discussed the wage in¬ Vand officials The Press the measure was completed on March 19 when the House approved a Senate amendment to Congressional action It was government contracts. New York permitting resolution designed to comply Contracts Act. anticipated that the government, as a result, will in the future have no difficulty in obtaining bids for steel on Federal government to accept Andrew W. Mellon's art collection and his accom¬ joint was with the Walsh-Healey Government Corp., was las, Association, Production was also resumed on March 1 at the Inglewood, Calif., plant of the Northrop Corp.,\ a Douglas subsidiary, closed since Feb. 25 because of a "sit-down" strike which was abandoned the following day by the work¬ ers under threat of being indicted. The "sit-down" strike at the Douglas plant was ended on Feb. 25 as an army of subsidiary of the Committee for Industrial Organization. The agreement did not provide for minimum wages, but included concessions on working conditions, a guards against renewed "sit-down" strikes, and it created It was completed machinery for settling future grievances. month after the company's employees work, following a prolonged strike. one went back to President. announced on March 2 by Donald Doug¬ concluding the strike of General Motors employees was reached on March 12 by officials of the com¬ pany and representatives of the United Automobile Workers some 350 resumed which closed on Feb, 23 after 5,600 workers began a "sit-down" strike, operations on March 1, although it was heavily The plant, of the picketed. peace enforcement officers placed the strikers under arrest II' '-1-1 felony indictments. the Douglas The strike was called at plant in demand for wage increases ranging from 15c. to 25c. an hour, union recognition, straight seniority, and rein¬ of statement two employees, which the union contended were dismissed because of union activities. C. O. J. Strikes Close 95 Providence, A one-day for One R. I., Retail Stores Day—Settlement Provides Wage Increases strike of department store and Recognition employees in Previ¬ I., which was sponsored by the Committee for Industrial Organization and which closed 95 retail stores, was ended on March 22 under an agreement providing for R. dence, a scale of sliding union as wage increases and recognition its members. The the bargaining agent for of the a8J'ee" for any signing of contracts. More 10,000 employees in the Providence shopping district were affected by the settlement. Most of the large stores in the city closed voluntarily in order to avert "sit-down strikes, and C. I. O. pickets made it difficult for customers to enter the establishments that remained open. did ment not provide than Rand with Violation of Labor Relation*■ Employees Allegedly Laid NLRB Charges Remington Act—Order* Reinstatement of 4,000 v || Off Result of Strike as The National Labor Relations Board on March 14 issued Remington Rand, Inc., had engaged in wholesale violations of the National Labor Relations Act and had resorted to "ruthless" methods in ending the strike a decision charging that which began on May 26, 1936. The Board ordered the company to rehire 4,000 employees which it charged had lost their jobs as a result of the strike. It also ordered the company to cease interference with union activities of its employees. The company announced on March 15 that it would begin a legal battle in the Federal courts to overturn the Board's decision. The Board, in its of its 6,000 employees up its initial announcement on Strike. International Monetary Problem* steadily during March, principally to the United and the international money markets suffered a tinued States, corresponding degree of dislocation and uncertainty. The steady exportation of capital from France caused particular concern and occasioned some strenuous measures by the French government to diminish or halt the flow. Leon Blum and his associates of the Premier Left Front Cabinet The French government tion of the French franc. formal that the tripartite statement a of and Sept. 25, 1936, would remain the indicated monetary accord cornerstone of French to control of foreign exchange markets was specifically excluded. At the request of the authorities, however, the Bank of France liberalized on March 8 its gold regulations, in the sense that purchases of the metal internally were started at the devaluation level, without identification of the owners. This was an important change in the French procedure of last September, for the French then emulated the American mistake of offering monetary policy, and recourse to gold hoarders only at the pre-devaluation gold. In an effort to create confidence the promise again was made that government expenditures would be prevented from rising further, and only small salary increases were exempted. With the business im¬ provement in mind, it was stated that the burden on the Treasury could be reduced 6,000,000,000 francs this year. This left open the question of extraordinary armaments expenditures, which it was decided to cover by a large guar¬ anteed national defense loan. After long debate the French compensation price for granted the authority to raise up to 10,500,internally for this purpose, and announce¬ first instalment of 5,000,000,000 francs was made Parliament 000,000 francs ment of the payable at Swiss francs, ster¬ ling or dollars, priced at 98 and payable in 60 years. Presi-. dent Albert Lebrun appealed for subscriptions and remarked that the loan had met a favorable reception, notably in 11, in the form of 4y2% franc bonds, March on option of the holders in French or the and London New By this it was doubtless meant York. that the loan attracted of the fugitive French funds some exported from that country so liberally in recent years. The favorable terms actually produced an almost immediate oversubscription, and the French government promptly the offering of a further 2,500,000,000 This portion also announced francs of the bonds on the same terms. readily. that export of capital from Great The concern in Washington regarding what President Roosevelt not long ago described as "hot money" occasioned interpellations in the House of Commons, and restrictions on the British capi¬ tal export control were clarified in consequence. David Colville, Financial Secretary of the Treasury, replied to questions in the House of Commons on March 23. He It is interesting to note Britain occasioned study also in that country. the that declared Capital exports from France and Great Britain were con¬ March 5 that some extensive on in found buyers followed 17, when it applied to the United States Circuit Court of Appeals for an order requiring the company to comply with its demands. James H. Rand Jr., President of the company, conferred in Washington on March 18 with Secretary of Labor Per¬ kins, and a tentative agreement was reached to end the do restrictions not apply solely investment trusts of Great Britain, but are of cation. 'Proposals market, or for new foreign to the general appli¬ issues in the London for purchases of large blocks of foreign securi¬ ties already outstanding with the intent of redistribution, are referred to the Rennet Advisory Committee on Foreign Transactions, he indicated. Whether these proposals origi¬ nate with investment trusts, or with any other company, person or firm, does not matter, a London dispatch to the "To avoid misunderstand¬ staked their political existence upon certain remedial meas¬ New York "Times" pointed out. ures, which include an advance toward balancing of the French budget, and internal loans on a large scale to ing," Mr. Colville said, "I will repeat the various types of proposals affected. They are, firstly, financing on behalf the huge armaments program of the It was anticipated quite generally at the close of February that another devaluation of the franc of foreign provide funds for French government. would be within the range stipulated last But M. Blum and his associates decided against this proceeding, for the time being in any event, and the announced, September. apprehensions of another period of intense unsettlement in the international monetary sphere dwindled. The develop¬ ments were of particular interest to the United States, for government obviously desired for a time to borrow here despite the obstacle presented by the John¬ French the States or other public authorities; or loan capital to the public which involve remittance of funds directly or indirectly to secondly, governments, public or otherwise." Bank for International Settlements clearly proved difficult for the managers of the French stabilizations funds, in February, for the flow of capital to other countries was continued at an alarming rate. When it became necessary for the French authori¬ ties to borrow extensively in London, in behalf of the French railroads, in order to supply the stabilization fund with foreign exchange, the belief prevailed that the French might engage in further franc devaluation and then fix the international figure for the unit at the lowest level per¬ mitted by the laws passed last September. The French Cabinet deliberated on these matters for weeks, and finally started to take hesitant steps early in March. It was indi¬ cated that an approach toward a balanced budget would be sought, and the suggestion was made at the same time that a means for recourse to the United States capital market was being sought, despite the Johnson Act, which prohibits loans here to war debt defaulters. French Treasury perts conferred in Washington on March 6 with exploration of the position, and in the course a of a ex¬ view to Senate revealed that the French desired to float international loan on a multiple currency basis. debate it was of Directors voted Board the adversely on this suggestion. The French authorities thus were thrown largely upon their own resources, and Premier ' on the situation. Bank International for Settlements create to the post of Chairman of the Niemeyer, of the Bank of England, promptly was elected to fill the new office for a period of three years, i Sir Otto also is a member of the League of Board, Sir Otto and Nations Financial Commission, and in Basle reports it indicated that these connections will establish a more was defi¬ between the Bank and the League. The change subject to the approval of the General Assembly of the nite link is B. I. S., but this is little more than a formality. The presidential office will continue, but here also a change in personnel is to be made, as Dr. L. J. A. Trip, of the Bank The of Netherlands, He resigned. will be succeeded by J. W. Beyen of Rotterdam, now alternate to the President In general a the sense, it is stated, the Chairman is to have direction political of the Bank, will be concerned only with the Raw Materials Specifi¬ immediately acted the arranged at their usual monthly meeting, in Basle, March 8, to make an interesting change in the management of that institution. With obvious reference to American practices, while the President strictly banking functions. an cally, the French asked if it would be possible to appoint an American agent to receive subscriptions to such an issue, but it was indicated that the United States Treasury ruled Blum shares any country outside the British Empire; thirdly, offers involving such remittances made otherwise than to the public in respect whereof permission to deal may be sought from the Stock Exchange; and fourthly, acquisition from foreign holders of large blocks of securities, including securities dealt on the London Stock Exchange, with a view to their sale in this country either by issue to the Maintenance of the international stability of the French franc of offers Act. son x announced was tion offers. March 1 It that were Board -"v important changes would be made in the budgetary pro¬ cedure and also in the laws governing the latest devalua¬ guided by James H. Rand Jr., President, used spies in the six towns where its men were on strike, provoked violence through the use of strike-breaking agencies, turned civil authorities and busi¬ ness interests against the unions, and refused many media¬ announcement, said that the company, The ''v 5v1.■' MONTHLY REVIEW April, 1937] on ■ Conference The question of the unequal national distribution of raw materials and possible remedies for this situation received consideration at a gathering of representatives of 14 nations Geneva, on March 8. in The program of the International Committee on Raw Materials was an ambitious one, since it is obvious that the problem bears directly on that of 5g 's,;: ?, " ■' ; ."v. IS is II I I mtm ■ - ■: ■ w ■ III II - MONTHLY 6 world peace, but it can bardly toward its solution was made. alistic views be said that much progress Only the most purely nation¬ put forward by the speakers, and these a solution of the difficulties. At were REVIEW the naval estimates March of the Geneva conference, but Germany and Italy were the countries that complain most absent, and these are bitterly of the lack of access to raw materials. The British representative made light of the possession of colonies as a factor in the raw materials question, but his references the "colonial myth" are rather to sharply at variance with The British spokes¬ the tenacious British hold on colonies. man indicated that his government did not favor the open, door policy in colonial areas. He admitted, however^that the production of artificial substitutes involved heavy!.sacri¬ fices for such countries in lowered as the German standards of living. Reich and resulted The Japanese delegate de¬ clared emphatically that lack of colonies resulted in perialistic aims, and he called for an open door in > . Various Latin fore the depression implications of this be said are said now unfortunate that the indications are word from considering situation, but it encouraging. very settlement of the Mexican external to be to debt the cannot A new depends, according Mexico City, upon the willingness of Amer¬ make further loans to that country for the ican bankers to land reform and social programs. This is a decided reversal of the ancient rule that a debtor must be restored to good standing before seeking new advances, but in these days of wholesale foreign defaults the old rules to be seem gain of £23,776,000 will on be over realized the previous year, from the proposed loan, rather than immediate new taxation. Fresh construction will "require £14,035,000 this year. Land and defense air estimates force were submitted March 5, with the out¬ lays at £82,174,000 and £82,500,000, respectively. Coordina¬ tion of services will be effected, gas masks are to be pro¬ vided ence of entire population, the for defense aids of all kinds Sir Samuel Hoare disclosed the exist¬ plan for meeting attacks in "narrow seas" being developed. are of secret a Empire trade routes, and it was generally assumed that he referred to the Mediterranean. The Italian Grand Coun¬ "militarized." In the sphere of naval armaments, virtually all building removed during March. * There are, of quantitative limitations since the Washington restrictions course, and were no London treaties expired on the denunciation of the Japanese government. In the London conference early last year the attempt was made to rescue at least some of the qualitative limitations. are in partial or United States dollar bonds floated be¬ on a one-fourth quiries at Tokio Latin-American Defaults American countries that complete default year All available men between the ages of 18 and 55 are to. be solution, for all the troubles of this nature. . fiscal the expectation of a The estimates provide for an expenditure £105,065,000, about British fully out im¬ The United States, he suggested mildly, is a "have" in connection with some raw materials, but a "have-not" in connection with others, and he urged liberal trade policies and the abandonment of high tariff a bore the proach to the problem. as for the current they cil, obviously irritated by the British disclosures, announced early in the month the accelerated militarization of Italy. Philippines. Other national spokesmen made comments that obviously were dictated by national expediency. Henry F. Grady, American member, attempted an open-minded ap¬ barriers and great increase. do not contribute toward moreover, 3, The British government made in¬ to whether the Japanese would join in limitations on gun calibers, sizes of certain qualitative as types of vessels, and similar items. But the Japanese gov¬ "qualitative limitation without quantitative limitation is unacceptable." Japanese explanations for this attitude were furnished only by means of inspired statements in the press of that country, and they make strange reading. The British suggestion was de¬ scribed, in such reports, as a crafty diplomatic maneuver designed to perpetuate Japanese inferiority on the high seas, with blame to be placed for a naval race on the Tokio ernment replied March 27 on government, in the alternative. that Meanwhile, Tokio observers indicate growing alarm among Japanese authorities regard: generally disregarded. The understanding prevailed late last year that Mexico would propose a fresh readjustment of the ing the huge British naval program and the possibility that the United States also will expand its fleet sharply in external coming years. but debt of the more Federal recently it was will have to be settled at the the of government indicated same that the time. that country, railway debt This complicates problem immensely, and suggests that the settlements be delayed inordinately, despite the vast economic Some international circles anticipate, how¬ ever, that another effort will be made to obtain a general agreement for naval restrictions, and in this connection it is significant that proposals for 10 additional cruisers are being shelved for the time being by the United States Navy Department. Norman H. Davis, United States Ambassadorat-Large, sailed for Europe early in March ostensibly to debt is to receive another study later this year, in accord-' attend a sugar ance with the terms of the conference, but it is surmised that other four-year agreement made in will strides made recently by Mexico. The Brazilian external 1934. That plan is to expire early next year, and in the meantime, plans for the subsequent period are to be made. British observers recently intimated that in their opinion much improved terms could be offered by Brazil, but such statements provoked a storm of criticism in Bio de Janeiro, where the opinion seems to prevail that only a continuance of the Aranha agreement would prove possible. The most that Brazilian experts would concede was that "certain modifications" of the Aranha scheme might prove feasible. German Funding Bonds The Securities and Exchange Commission announced on March 2 that a registration statement of the German Con¬ version Office covering 3% funding bonds would be per¬ mitted to become effective even though the regulatory body felt dissatisfied with the information supplied. A state¬ ment to cover $65,000,000 of such funding bonds first was filed with the SEC last Sept. 25, and it subsequently was modified to permit the issuance of up to $69,000,000 of the securities. These bonds are to be given to holders of defaulted dollar -bonds of the German States, municipalities and corporations which were unable to transfer payments, owing to the German moratorium decree of June 9, 1934. They are to cover interest on such issues for the period July 1, 1934, to Dec. 31, 1936, and are to be guaranteed unconditionally as to transfer by the German government, regarding both interest and sinking funds. The German Conversion ments of Office was the German created to receive debtors, most of make their payments in marks, laws. as the mark pay¬ whom continued to provided by the German Obviously nettled by its inability to make the German government conform to its requirements, the SEC issued a lengthy statement explaining its efforts to obtain full in¬ formation on the German budget, and indicating that differ¬ ences arose regarding certain internal short-term German certificates which the Reich apparently desires for the time being to regard as not a part of the governmental debt. Such advance-tax certificates, employment creation bills, interest-subsidy certificates and other forms of Reich bills make up an<* a a^e the 3% large aggregate, be. taken funding bonds the market. the SEC statement indicated, due consideration by recipients and the purchasers of the bonds in World Armaments Fresh indications made available in March regard¬ ing the speed of the armaments race that now is develop¬ ing throughout the world. The British government con¬ tinued to disclose in calm and methodical fashion the enor¬ mous preparations being made for an eventual conflict. Sir Samuel Hoare, First Lord of the Admiralty, announced were purposes also underlie the visit. European\ Alignments Diplomatic developments in Europe during March were more alarming than reassuring, as the alarming incidents far outweighed in importance those which seem to suggest a peaceable solution for the numerous difficulties of the the insistence of the British government, made by Germany and Italy on March 12 to suggestions of last November regarding a new Locarno pact. Texts of the German and Italian Communications were not made public, but enough was made known to indicate that there is little likelihood of pushing the negotiations to a successful conclusion. The mere fact that the two leading fascist regimes replied simultaneously shows their close old world. replies At were diplomatic rapport, and it appears that contentions are not The new Franco-Soviet treaty was not men¬ tioned specifically, but all accounts agree that it would dissimilar. have to be abandoned to meet the requirements of Germany and Italy for joining in a new Western European accord. It was stated, moreover, that the League of Nations could not be constituted as the body to define and determine aggression. Both London and Paris were said to be dis¬ satisfied with the replies and to feel little ^ hope for progress. Against such halting progress in peace plans must be placed a new treaty, concluded on March 25 between Italy and Yugoslavia. These traditional enemies reached their understanding after long negotiations, and the precise sig¬ nificance of the accord still is to be disclosed. It calls for non-aggression, with each country agreeing to refrain from on the other's territory, and from aiding an aggres¬ attacks sor in the event of any attack. Peaceful, settlement of disputes is called for, while closer economic relations are specified. It was reported from Italy that this accord might be expected to loosen the Yugoslavian attachment to the Little Entente, and if this proves to be the case the treaty represents a major diplomatic defeat for France; which dominates the Little Entente. Leaders of the States of Czechoslovakia, Rumania and Yugoslavia met in Bel* grade soon after the treaty was signed, and some annoy¬ ance was apparent among representatives of the Prague and Bucharest governments. In other respects the clouded. European diplomatic King Leopold of Belgium visited scene remains London from 7? t0 24' with a view t0 discussing the possibility Belgian participation in any new Locarno pact, but the results of the visit were not disclosed. After the Ger¬ man Chancellor expressly stated last year that the Reich is of full willing to guarantee the territorial integrity of Belgium, that country made it plain to the Powers that it did not care to enter upon new commitments. Apparently, the British MONTHLY April, 1937] these indi¬ flared up in mainly to resentment in England over an Belgian participation despite desired to obtain Anglo-Italian animosities once again cations. owing March, attempted to assassi¬ Ababa. English Italian massacre of Ethiopians who nate some Italian military leaders in Addis anger course ^ also was aroused when. Premier Mussolini, of a visit to the Italian colonies in North in the Africa, proclaimed that his country is the "protector of Islam. The feeling provoked is best illustrated by a reference of an English clergyman to Signor Mussolini as a madman. Angered by English criticisms, II Duce delivered a savage and threatening speech at Rome, March 23, in which he promised to avenge the sanctions applied to Italy by the League of Nations under the leadership of Great Britain. The'dispute, w^s continued in the London House of Com¬ mons, where former Premier Lloyd George declared that he would rather have the anger than the contempt of Italy. Spanish Civil War 1 Critical developments were reported in March with regard both to the internal course of the Spanish rebellion and the international of repercussions that long-drawn duly constituted Madrid government, as the north on the capital were conflict. the loyalist supporters of the The fortunes of war favored routed. rebel attacks from It was reported early extensive contingents of Italian "volun¬ engaging in a new attack on Madrid, via the in the month that teers" were City of Guadalajara. These forces found the going diffi¬ cult as they neared Guadalajara, and what may easily turn out to be the turning point of the war then developed. The insurgents were beaten back rapidly by the loyalist de¬ fenders, and the defeat administered to the rebels was a most severe one, involving the capture of immense stocks of ammunition and war materials and loss of all territory gained by the rebels in their carefully planned advance. This defeat, soon after mid-March, was followed by loyalist sortees against other rebel forces in Cordoba Province, 150 miles south of Madrid, and here also the loyalists were said to have made good progress. In the far north, how¬ ever, the rebels attacked the Basque defenders of Bilbao, and took well fortified positions in the mountains near that townl It was widely reported at the end of March that the difficulties of the rebels were increasing because of disaf¬ On the sea the rebels had the fection within their ranks. best of it, for they captured several vessels carrying war But the rebels also attempted to REVIEW announced early substantially all commodities, with the exception of tin plate, ranging from $2 to $12 a ton. The "Iron Age" composite price for steel scrap was increased on March 2 to $20.25 a gross ton (against $19.92 previously in effect); on March 9 to $21.08; on March 16 to $21.25; on March 23 to $21.75, and on March 30 to $21.92, a new high for 14 years, and compares with $14.75 at the close of March last year. The "Iron Age" composite price for pig iron was advanced on March 9 from $21.25 to $23.25 a gross ton, the highest level since 1923, and compares with $18.84 at the close of March, 1936. The "Iron Age" composite price for finished steel was in the month immediate raised of Spain remained in the doubtful whether a suit¬ able solution yet has been attained. After the Non-inter¬ vention Commission in London agreed to apply on Feb. 20 shipments to either side in Spain, the question of a military cordon around the country was taken up. It was decided early in March to make the cordon effective progressively on land and sea, but this plan en¬ the embargo on arms By March 20, however, a sea countered serious obstacles. patrol was established, and agents for observation of land frontiers were dispatched soon thereafter. Reports circu¬ lated in London and Paris that the Italian government was as capacity. totaled 9,080 long tons, a new high record, which compares with the previous high of 8,795 tons in January, 1929. The tin plate industry's rate of operations was at approximately The spread in copper prices 100% throughout the month. between London and New York became so great that domes¬ forced to raise their prices from 15.00c. (Connecticut Valley, on March 8, and then to 31, the highest quotation for that metal tic producers were to 16.25c., 17.00c. March on April 14, 1930. The domestic price for lead was ad¬ March 8 from 7.00c. on The volume of steel business in March extremely heavy, with prices rising to new high levels. Most steel companies booked more tonnage during this period than they did in either December or January, the two most recent peak months. Apprehension in government and economic because of the rapid rise of wages and prices, to¬ gether with growing concern over spreading labor unrest, circles has had no discernible coming business, which effect are upon steel production or in¬ mounting to peaks that compare on the 19, and to Consumption of zinc held at a high level throughout the month, with the price of zinc at New York advancing from 7.15c. to 7.35c., New York, on March 3, arid then to 7.85c. on March 8, which quotation remained in effect for this metal during the rest of the month, and which was the highest price since July 12, 1926. Tin at New York, which was quoted at 54.12^c. on March 1, rose sharply during the first half of the month, touching 67.00c. on March 15, but thereafter moved irregularly up and down, 7.25c. on 6.95c. on the following date; to 7.00c. on March March 23. March 31 at 65.00c, on Lumber The lumber Movement industry during the week ended March 27, 1937, stood at 68% of the 1929 weekly average of produc¬ tion and 74% of 1929 shipments, according to reports to National the Lumber Manufacturers Association from regional associations covering the operations of important hardwood and softwood mills. of any week to date. New orders Production was were the highest about equal to the preceding week, which so far holds the 1937 record. Ship¬ gained over the previous week somewhat less than in the weeks immediately preceding, which reflected the pick¬ ments up after the maritime strike. National production reported by 4% fewer mills was 0.6% below the output of the preceding week; Reported for the March 27 week were excess shipments of that week, and orders those for that week. was 7.25c., New York; 10 to 7.75c., the highest since April 3, 1929. Weakness in the London mar¬ ket, which thereafter set in, caused domestic lead producers to lower their prices to 7.50c., New York, on March 16; to above shipments Steel Trade—Non-Ferrous Metals to day to 7.50c., and on March following for the week ended March 27 such rumored political deals. and Mineral Markets" during the month, in substance, as follows: Spurred by the continued bullishness of London operators and the generally favorable character of industrial news in this country, despite some labor difficulties consumers during the earlier part of the month purchased copperslead, zinc and tin on a substantial scale and at higher prices. After establishing new highs for the movement, the London market became unsettled, but was somewhat easier on March 31. Tin prices moved around wildly and deliv¬ eries of this metal in the United States during March reported of attributed to the antagonism created by pound, or to 90.7% of capacity for the week and closed were a compared with dispatching further troops to Spain, despite the non-inter¬ vention understanding, and inquiries were made at Rome. To these questions the Italian government is reported to have made satisfactory -answers, but the rumors of further Italian troop landings persisted. The British and French governments finally indicated, late in March, that they were in agreement as to the necessity for halting the dis¬ patch of foreign troops in Spain, even if it should prove necessary to use force for the purpose. Thereafter, the only reports of^ foreign troop arrivals concerned rumored in¬ creases of Italian contingents in Spanish Morocco. Within Spain the impression gained ground that the rebel leader, General Francisco Franco, had made arrangements covering Spanish Morocco with Italy, and revolts within the ranks the rebels to 2.605c. As to non-ferrous metals, "Metal vanced question of intervention in of rate since The from 2.330c. 9 beginning 89.6% for the preceding sevenday period, 88.9% for the week beginning March 15, 87.3% for the week beginning March 8, and 85.8% for the first week of the month. Operations at the close of March last year were reported to be at the rate of approximately 62.0% the at March 29 stop British and French ships, and stern warnings against such practices were sent by the London and Paris gov¬ international foreground, and it is March on price advances on $5.76 a ton above the high of 1929. At the close of March last year the quotation of finished steel was 2.084c a pound. The operating rate of steel companies having approxi¬ mately 98% of the steel capacity of the industry, according to the American Iron and Steel Institute, was estimated materials to the loyalists. ernments. cost, the steel industry in increased labor new were were 1% 3% above business and shipments 10% and 5%, respectively, in of output During the week ended March 27, 1937, a total of 553 mills reported production of 237,408,000 feet of hardwoods and softwoods combined; shipments of 249,042,000 feet, and booked orders of 259,979,000 feet. For the preceding week, 575 mills produced and received ended March 238,753,000 feet; shipped 245,826,000 feet, for 251,491,000 feet. For the week orders 13, reports from 575 mills showed a total Wrth the best records of 1929, according to the "Iron Age^ of March 25, which further went on to say, in substance that in the Pittsburgh district, for example, the steel ingot rate was increased to 93%, the highest since the World of 225,884,000 feet; shipments of 270,230,000 feet, and new business of 247,656,000 feet. For the week ended March 6, a total of 567 mills produced 217,295,000 feet; shipped 263,713,000 feet, and booked orders for 219,937,000 War, while for the country at large production was esti¬ mated at 90% for the week ended March 23. In its issue of April 1, the same publication stated that the steel indus¬ try enters upon the second quarter of the year with back¬ logs in some products that extend well into the third quar¬ 'feet. ter. Bookings of sheets extend through August, such orders having been taken at prices in effect at time of shipment Faced with the problem of underwriting $200,000,000 a year output Production in the March 27 week was shown by re¬ porting mills 6% above; shipments 3% above, and new orders 5% above those for the corresponding period in 1936. West Coast, Western pine, California redwood, Northern pine and Southern hardwood regions reported new business above production in the week ended March 27. All regions but Western pine, redwood and Northern pine reported shipments above output. All regions but Southern pine, " and Northern hardwood reported orders week of 1986. All regions but Southern pine and Southern hardwoods showed ship¬ ments above last year's week, and all but Southern pine, Southern cypress above those of the corresponding redwood and Southern hardwood reported production above those of the same week in 1936. Western pine, Hides, Leather and Footwear The First National Bank of Boston, in its "New England Letter," under date of March 31, discusses these markets ' W' '<■ spring footwear have been well sustained weeks, production is very active and shoe prices follows: as , "Reorders for in REVIEW MONTHLY 8 recent ft display business booked for is trade, ! stronger trend. ' a "New above levels a well " spring, in the opinion of the higher rising prices, footwear This brisk ago. year con¬ Easter, prospects for demand is attributed to an early sumer and wages heavier em¬ ployment. this "Demand leather has for broadened appreciably in the Prices are higher but values are still below replacement costs and tanners are reluctant to sell very far ahead. Stocks in process as well as finished inventories are particularly being calamity during the past month, to corn. It was of corn reserves, due to two in regard true claimed that the disappearance within three years, probably has left the smaller total supplies, in proportion to crops United States with population, than at any time in the organized gram trades history. Country offerings have been light, cash marke^ have ruled firm, and farm reserves on April 1 of 381,000,060 bushels, indicated by the average of five private estimates, compared with 776,000,000 bushels last year. In Chicago the May option for wheat closed on March 31 at 142%c. as, against an opening price of 132c. on March 1. At Winnipeg, the May wheat option closed on March 31 at 146y8c. as against an opening of 125^4c. on March 1. May corn (new) in Chicago closed at 121%c. on March 31 compared with an opening of 107^4c. on March 1. May oats closed at 49^c. against an opening of 46%c. on March 1. May rye as closed on past 30 days. oats and rye also advanced for corn, 116c. at compared with as the opening of 105%c. March 1. Official Grain Standards Amended by Secretary of Agriculture- Changes Affect, Wheat, Oats and Barley • * Amendments to the official grain standards of the United hot considered burdensome. States with "Sales of spot hides have been active. Traders as well as tanners have participated in a buying movement that has wheat, cereal oats, barley dockage and damaged barley ker¬ nels, and to determinations of heat damage and mellowness lifted of barley, have been prices to new highs for the year. Present quota¬ light native cows are the highest since late 1029. respect to shrunken and broken kernels of promulgated by Secretary of Agricul¬ Wallace, following a thorough study of the testimony tions for ture European competition has raised Argentine prices to a new peak for 1937. "The statistical position of raw hides was strengthened in 1936. Barring serious drought, the trade anticipates fur¬ ther improvement in 1937. In that connection the Depart¬ ment of Agriculture reported that the number of cattle and calves on farms as of Jan. 1, 1937, was 66,676,000, down from 67,968,000 a year ago. Moreover, inspected slaughter in February was 18% under the preceding month and ex¬ given to representatives of the Bureau of Agricultural Eco¬ nomics by interested members of the grain industry at a Meanwhile, ceeded the usual seasonal recession. The real test for this indicated trend, of course, may come in the dry months next summer when weather developments, in may affect the marketing of live far so as of they cattle, will bear watching." Grains the and season since 1929. The strength of foreign provide the chief impetus owing to growing scarcity of exportable supplies and urgent demand from exporters. Ordinarily, it would seem that the unusually heavy world shipments during recent months had markets continued to the gone a long towards satisfying importer requirements, way ibut the continued aggressive buying suggested that this had not yet The National Grain Board occurred. of Argentina 19,000,000 bushels would be avail¬ able for export to Europe by the end of April. In fact, the Argentine exportable surplus has been reduced so rapidly estimated that less than that the Grain Board has intimated that a curb on exports eventually be necessary to protect the supply for seed and home consumption, Australian supplies have also been greatly reduced, which leads to the belief that the Southern hemisphere will soon have little or no wheat left for sale may while the next crop will not be harvested until the end of the year. This leaves Canada as the only important source of supply until early summer, but stocks in Canada have likewise been reduced to such an extent that it is quite likely that purchasers will be forced to compete actively to obtain Canadian grain. It is possible that the favorable domestic crop outlook will eventually tend to quiet the fears the on part of importers. Thus far, however, the general moisture improvement in the domestic winter wheat belt has failed to stem the rising tide of values, although domestic prices have lagged behind the advances through¬ out the world. It is probable that the present outlook for winter wheat production is somewhat in excess of the forecasts of approximately 630,000,000 bushels as private of March 1. Farmers' intentions to plant spring wheat officially placed at 20,918,000 acres as year. plantings with However, this does and present 23,912,000 acres the harvested acreage actually planted last harvested. acres at necessarily intentions, for it will acres were final not Nevertheless, were compared with inten¬ tion^ to plant approximately 23,912,000 last be this time imply that will recalled coincide that of only 11,212,000 with good growing year weather during the remainder of the season, it would seem logical to expect that the combined winter and spring wheat crops could amount to about 850,000,000 bushels, and pos¬ sibly more. Thus, prospects at present are favorable for the export of American wheat next season, and there have already been reports of sales of United States hard winter wheat for export to Antwerp and Rotterdam for shipment h* .July, while Italy has been credited with making pur¬ chases of Pacific Coast wheat. According to latest advices from abroad, European crop conditions are not any too promising. Wet weather has delayed spring Russia, and excessive rains have been France are and said Germany. to have freezing. seedings in adverse factor in Crops in sections of the Balkans been subject to an alternate thawing and In the meantime, importers appear to be greatly concerned over supplies, and as long as this apprehension persists a strong price structure will likely prevail. Prices February and March. Sugar The "futures" sugar market worked irregularly lower during the first half of the past month, after which prices The long-anticipated government action of sugar recovered. legislation came Roosevelt sent a to a head during the month. of 75c. than per President special message to Congress, on the basis of which bills were introduced tax system. Domestic wheat markets developed decided strength dur¬ ing the past month, with prices reaching the highest levels for series of meetings held at important grain markets during calling for 100 pounds and for a Benefit payments clearing the situation, were also however, a minimum excise permanent requested. the action quota Rather was re¬ sponsible for renewed confusion, since the bill is apparently in contravention of the Cuban Reciprocal Trade Treaty. Under the treaty as it stands, a tax of more than 50c. per 100 pounds cannot be imposed. studying the matter for a way The State Department is out, while Cuba has made demand that the tariff question be reopened. The uncer¬ tainties surrounding the situation prompted more or less a liquidation and selling on the belief that if the full %c. reality, it would have to be subtracted from the producers' selling price. Spot sugars, however, remained firm, with buyers indifferent to the distant ship¬ ment offerings. Demand for refined deliveries was reported to be taxing the facilities of refiners, who, in turn, were working overtime in an attempt to melt as much sugar as possible 'before the sugar bill became effective. The bill excise tax becomes was a scheduled to become effective month drew to on April 1, but as the close reports from Washington indicated that there would be some delay in the proposed sugar legis¬ lation. This caused a renewal of buying and covering a by shorts, under which demand prices steadied. As the trade opinion that there will be at least a 30-day period before the proposed tax goes into effect, nearby raw sugars is of the were in good demand. There were also expressions of expected results of the international sugar conference to be held in London. The first meeting was optimism over scheduled to take place on April 5. Sales of Cuban raw during the month consisted of the following: On March 4 prompt shipment at 2.63c. c. & f.; oMarch 6 March shipment at 2.70c. c. & f.; on March 15, prompt at 2.59c. c. & f.; on March 16, late March or early April at 2.60c. c. & f.; on March 24, early April shipment at 2.60c. c, & f., and March shipment at 2.60c. c. & f.; on March 29 early April shipment at 2.65c. c. & f.; on March 30, April shipment at 2.65c. c. & f., and on March 31, April shipment at 2.65c. c. & f., all exclusive of duty. The wholesale list price for refined, immediate delivery, was reduced 20 points by all refiners on March 2 to 4.80c., at which price it remained throughout the month. sugars Coffee: Aside from temporary reactions the general coffee prices was toward Factors which tendency of higher levels during the past month. encouraged buyers included more constructive advices from Brazil and decreasing supplies of Brazilian grades in the United States. During the first half of March, Brazil burned 929,000 bags of coffee; thereby maintaining the record rate of destruction which January. began in the middle of Since the first of July 6,765,000 bags have been burned, which is more than half of the 11,000,000 bags scheduled for destruction by June 30 this year. The Brazil¬ ian Government has also made strenuous efforts to reassure all interested in coffee that it will "legitimate" purposes. support prices for It promises elasticity to the markets, but will prevent violent swings. The United States visible supply continued to decrease, and while roasters displayed MONTHLY REVIEW April, 1937] a more or less cautious attitude, it was believed that they cannot defer purchases much longer. • No. 7 Santos was quoted March 31 at 10%e. against 11 /§c. Feb. 27; 10^@10%c. Jan. 30; 1VA@UU«- Deo. 31; 9%c. Nov. 30; 8Mc. Oct. 31; 8@8Mc. Sept. 30; 8@8^c. Aug. 31, the same as on July 31; 7M@7Kc. June 30, the same as on May 29, against April 30, 7}4@7%c. the same as March 31; 8@8Hc. Feb. 29;,8@8Jic. Jan. 31, all in 1936. No. 7 Rio was quoted on March 31 at 9 He- against 9/jc. Feb. 27; 9Ko. Jan. 30; 8%c. on Dec. 31; 8Vso. on Nov. 30; 8%o. Oct. 31; 8@81-80. Sept. 30; 8c. Aug. 31; 8Vge. July,31; 7c. June 30; 6%@7c. May 29 (May 30 a holiday) against 6^0. April 30; Ok'c. March 31; Feb. 29; 7%@7c. . Jan. 31, all in 1936. Rubber strong a situation in the primary International Rubber Regulation Committee to increase the export quota to 90%, the market displayed some nervousness; following the deci¬ sion, however, prices rose sharply as it was felt that the tight delivery situation could not possibly be relieved before April or May. While the repercussions of the Chrysler strike, and intimations from the Far East that existing restrictions may be lifted entirely, resulted at times in moderate selling, the spread of labor unrest in Malayan production centers, the advance in tire prices and continued active buying by the tire factories proved highly stimulating influences, and at the end of the month the tone of the market was decidedly strong, in sympathy with the firmness factor was markets. the continued tight spot Prior to the" decision of the of other leading commodities. Ribbed smoked sheets for spot delivery were quoted at 26 %c. asked March 31 against 22c. asked Feb. 27; 21 %c. asked Jan. 30; 21 %c. Dec. 31; 18Me. asked Nov. 30; 17y%Q. Oct. 31; 16 9-16c. asked Sept. 30; 16%c.-asked Aug. 31; 16Hc, asked July 31; 16 J£c. asked June 30; 15 ll-16c. asked on May 29 (May 30 a holiday) against 15^e. asked April 30, the same as on March 31; against 15%c. asked Feb. 29; 15c. asked Jan. 31, all in 1936. Textiles The textile trades experienced a material revival during the past month. Retail trade benefitted by the early date of the Easter holidays, although adverse weather conditions pre¬ vented the total sales volume from coming up to previous expectations. Wholesale business first reflected the smooth flow of goods in retail channels; later, however, chiefly due to seasonal influences and repercussions of the sit-down strike epidemic, trading slowed down perceptibly although prices held firm reflecting the continued tight delivery situation and the strength in the primary fields. The raw cotton market continued its steady advance during the first half of the month. Subsequently a mild reaction occurred, but in the closing days of the month a new upward movement carried quotations to the highest point seen for some time. Chief stimulating factors were the continued improvement in the statistical position, the persistent active demand on the part of domestic and foreign spinners and the strength of other major commodity markets. Towards the middle of the month warning statements emanating from Washington concerning the advisability of measures to cope with threat¬ ened inflationary price rises, caused moderate selling as did reports from thp South indicating that the advance in prices may lead to substantial increases in this year's acreage. Later, however, renewed active buying on the part of foreign .interests, another spurt in world commodity prices and the introduction of a bill in the Senate to restrict sales of Gov¬ ernment cotton to 100,000 bales monthly beginning on Feb. 1, 1938, resulted in a resumption of the upward trend. Spot cotton here in New York was 13.50c. on March 1, and from this figure advanced to 15c. March 16. From that point the price receded to 14.50c. March 19, but subsequently it rose to 15.25c. and on March 31 the quotation was 15.10c. Business in the gray cloth markets was greatly stimulated by the expectations of higher prices due to imminent wage increases and shorter working hours. Print cloth at Fall River for 28-inch 64x60s on March 3 receded from 5%-5^c. to 5jHH>Hc. On March 8 the price recovered to 5$i-5%c. Another markup to 5Kc. occurred March 11 and a further advance on March 21 brought the quotation to 6c. The price of 27-inch cloth 60x64s was 5%c. March 31 as against 5%-5Mc. Feb. 27. Osnaburgs advanced from 10%c. Feb. 27 to 11 He. March 31. Cotton consumption in the United States during the month of February, as reported by the Census Bureau on March 13 established a new record for the month, amounting to 664,439 bales of lint and 63,643 bales of linters, compared with 678,064 bales of lint and 63,438 bales of linters in January, but only 515,977 bales of lint and 53,402 bales of linters in February, 1936. The woolen goods market experienced a substantial revival following the introduction of the new fall lines at slightly advanced prices. With the amount of unfilled orders show¬ ing further increases, active operations for months to come appear assured. Some resistance to the higher price demands for clothing on the part of the public is anticipated; with the generally increased industrial activity, however, no serious misgivings are felt in that direction, business in women's wear goods was somewhat restricted' by the in¬ ability of mills to make quick deliveries of wanted materials. extra were quoted at $1.81 @$1.86 March 31 against $1.76@ $1.81 Feb. 27; $1.94@$1.99 Jan. 30; $1.91 @$1.96 Dec. 31; $2.01 @$2.06 Dec. 31; $1.77@$1.82 Oct. 31; $1.63@$1.65 Sept. 30; $1.60@$1.65 Aug. $1.65@$1.70 July 31; 31; $1.63 @$1.68 June 30; $1.44 @$1.49 May 29; $1.61 @$1.66 June 30; $1.44 @$1.49 May 29; $1.61 @$1.66 April 30; $1.84@$1.86 March 31; $1.63@$1.68 Feb. 29, and $1.89@ upward trend, only tem¬ porarily interrupted by mild reactions. The principal bullish Crude rubber followed Japanese double extra 13.15 deniers were quoted March 31 $1.97@$2.02 against $1.80@$1.94 Feb. 27; $2.00@$2.05 Dec. 31; $2.07@$2.12 Nov. 30; $1.84@ $1.89 Oct. 31; $1.71 @$1.76 Sept. 30; $1.68@$1.73 Aug. 31; $1.69 @$1.74 July 31; $1.59 @$1.64 June 30; $1.49 @$1.54 May 29 (May 30 a holiday) against $1.66 @$1.71 April 30; $1.83@$1.88 March 31; $1.61@$1.65 Feb. 29, and $1.87@ $1.92 Jan. 31, all in 1936. ; In the case of the 20-22 deniers Japanese crack double at Jan. 30; $2.01 @$2.06 $1.94 Jan. 31, all in 1936. Petroleum and Its Products The record-breaking pace of daily average crude oil pro¬ duction continued unchecked during March until the final week when, for the first time in eight weeks, crude output failed to establish a new high, dipping to show a net decline for the period. ' ■ *' Overshadowing all other developments in the domestic; petroleum industry, the steady week-by-week march into record high ground that witnessed a ultimate rise in daily average crude outturn to approximately 3,500,000 barrels daily before the uptrend was checked has brought the total , above far both mendations Federal and . control State agency recom¬ :: . The decline in stocks of domestic and foreign petroleum steady slump from last May to new year, was definitely halted during the final month of the first quarter of 1937 as recordbreaking floods of black gold flowed from the Nation's great oil producing centers. New 15-year lows were scored in stocks of oil, however, before the increased supplies of raw material aided production to pass consumption and enable diversion of crude to storage tanks. Alarmed .by the steady drain upon the Nation's reserves of oil, oil-producing States, led by Texas, joined in ignoring the market estimates of the United States Bureau of Mines over the past few months and set individual State quotas more in keeping with actual demand. The turn in the tide, however, manifested in the sharp upswing in inventories of domestic and foreign crude oil during March, found the oil-producing States equally alert to avoid any excess of supplies over demand. This action again was under the leadership of Texas which for the first time in several months set its allowable for April below that crude oil, after showing a well after the turn of the of March rather than as an increase over the two-month period heretofore. The United States Bureau of Mines in turn again re¬ cognized the existence of broader demand than indicated in its earlier monthly estimates of market demand for crude oil, and set the recommended production total for April substantially above that for March and for the corresponding month a year earlier. In announcing a reduction of some 50,000 barrels daily in the April allowable, the Texas Railroad Commission pointed out that it believed that the danger of working stocks of crude oil held in the Nation being drained below safe levels seems ended. The Commission, there, set the allow¬ able for April at 1,348,964 barrels, against 1,398,514 barrels daily as of March 1. The new quota compared with the Bureau of Mines recommendation of 1,297,000 barrels. Daily average production of 3,243,000 barrels during April was recommended by the United States Bureau1 of Mines, which is 84,000 bkrrels above output during March and compared with actual production for the week ended March 27 of 3,431,300 barrels and the all-time high set a week earlier at 3,448,150 barrels. The recommended quota is 227,000 barrels above the level recommended by the Federal Board for the corresponding 1936 month. Substantial increases were recommended for all of the "Big Three" oil producing States—Texas, Oklahoma and California—with Arkansas, Kentucky and other areas suffering reductions in the Bureau's estimates of market demand for crude oil for April. The Bureau of Mines re¬ commended production by States (in barrels) follows: March Texas.......... 1,256,600 .April 1,297,900 Arkansas,,...*.. 609,600 Kentucky., Oklahoma 590,700 California... Louisiana 570,900 240,000 579,900 244,800 Kansas 178,000 183,000 91,400 49.800 44,000 30,600 New Mexico 88,200 Pennsylvania.... Wyoming—..... 49,000 42,200 Michigan 30,300 Montana New York Illinois. West ... Virginia Ohio Colorado Indiana ..... The actual turn in the crude oil storage March April 14,600 27,400 15,600 14,600 13,500 14,000 12,900 12,800 10,500 10,200 4,800 2,100 28,500 16,500 10,300 10,300 4,300 2,200 situation came late although figures covering the change were not released by the Bureau of Mines until the second week of March. The Bureau's report then disclosed that inventories of domestic and foreign crude oil during the week of Feb. 20 spurted their sharpest one-week upturn in almost a year to climb 1,416,000 barrels to 287,574,000 barrels. Since then, stocks of crude have steadily mounted. With daily average crude production hovering around the 3,500,000-barrel level during the latter part of March, in contrast to the Federal market estimate of 3,159,000 barrels for the month, meant that approximately some 200,000 barrels of domestic crude in February 10 , huge concessions in several parts of Bolivia, especially in the southeastern region bordering on the Gran Chaco." The seizure of the properties was on the basis that the company had evaded tax responsibilities. Officials of Standard of New Jersey, while refusing to comment openly ufron the news, disclosed that they had been advised of the confiscation of the properties, but denied that the company had at any time in any way evaded its tax obligations. There were no crude oil price changes during March. Feature of the month's developments in the refined pro¬ ducts division of the Industry was the gains on a broad front shown in motor fuel prices despite a new record high in stocks of finished and unfinished gasoline. Markups were posted on the Pacific Coast, in the Mid-Continent and thioughout New England. Despite the fact that gasoline stocks passed the 83 Vy million barrel level in the final week of March, continued broadening of consumption over even the 1936 record break¬ ing pace encouraged the trade. April domestic demand was forecast at some 10% above the like 1936 period.. Trend of refined product markets throughout the Nation during March is shown in the following representative price changes: \ daily flowed in storage tanks. The total for the week ended March 20, latest available report at the end of the month, showed stocks had risen to 291,555,000 barrels. A rise of 886,000,000 barrels in the estimate of proven oil in the United States to 13,063,000,000 barrels on reserves Jan. 1, the comparable date a year earlier, was issued by the American Petroleum March 16. The Institute's Committee on Petroleum Reserves estimated that during the one-year period, production was 2,044,000,000 barrels. Discoveries of new pools and further development of oil pools, not only covered this, but added 886,000,000 barrels to the proven 1937, reported in Institute reserve It over a survey on total. stressed in the report that the committee's latest reserves is so conservative that it probably was calculation of will have to be revised upward as further developments in the Two years ago, it was pointed out, upward revision of the Jan. 1, 1935, estimates of proven reserves of 12,177,000,000 barrels came as more detailed supply picture data on new compilation occur. discoveries became available and the revised 13,632,000,000 barrels. accompanying the report, Axtell J. Byles, rose to In comments President of the American Petroleum Institute, pointed out that it must be understood that the estimate deals only with ( March l—Standard of and No. 1 "known and proven" reserves. "It takes account of possible— indeed, certain—future discoveries," he explained. "The figures do not mean that the country has available only 13,063,000,000 barrels of oil, but that it has proven reserves up to that amount. The Chicago wheat pit estimates of Visible supply' of wheat do not include calculations of next year's crop; and likewise these petroleum estimates take no account of future findings, or oil. They are calculations of what REVIEW MONTHLY we know we able. a But these reserves assure that there is no substantially inexhaustible quantities, at reasonable prices. Also, there is the certainty of larger recoveries of oil from the earth by reason of the continuous improvement in recovery methods." March 11—Pennsylvania bright stocks and cylinder stocks were increased cent a gallon. 1936 and had studied carefully the record of development during these years. Estimates of reserves by States, as of Jan. 1, last, gave Texas 6,422,000,000 barrels; California, 2,956,000,000 barrels; Oklahoma, 1,141,000,000 barrels; the Rocky Mountain States—Wyoming, Montana and Colorado —346,000,000 barrels; Kansas, 568,000,000 barrels; Louisiana, 524,000,000 barrels; New Mexico, 471,000,000 barrels Arkansas, 84,000,000 barrels; and the eastern States— Pennsylvania, West Virginia, Ohio, New York, Michigan, Kentucky, Indiana and Illinois—551,000,000 barrels; grand aggregate .13,063,000,000 barrels. Federal Judge Patrick T. Stone on March 31 refused to dismiss indictments against 24 major oil companies, three trade publications and nearly 70 executives, charged with violating anti-trust legislation United Press news despatches from Madison, Wis., reported. The Court overruled general demurrers in which a majority of the defendants joined and denied a motion by Gulf Oil and Gulf Refining Corps, to quash the indictments. The Court's ruling allowed 14 individual defendants who have not yet appeared for arraignment a continuance until April 16 to enter their pleas," the dispatch stated. "Arguments on further motions of the Gulf companies will be heard April 15 and motions by other companies demanding bills.of particulars the following day. "Without comment, Judge Stone disposed of the defense contention that the western Wisconsin court lacks jurisdiction and that the indictments failed to allege the Commission of any offense within this district. The companies are charged with conspiracy to maintain artificially raised and fixed tank car prices on gasoline and with combining to restrict dealer margins. "Disposing of other issues raised by the defendants, the Court held that the indictment charges the defendants with acts which by a law of the United States are made criminal and punishable. This offense is charged in the indictment with precision and certainty, and every ingredient of which it is composed is clearly set forth." News from two foreign nations made headline news for the American oil industry during the month. First came a statement by Lazaro Cardenas, President of Mexico, that foreign oil companies had nothing to fear from Mexico's nationalization program. "There is no fear for any petroleum companies to become alarmed," he told the United Press. "Our reorganization of the industry is merely for the purpose of working our national big resources. There will be no expropriation. The Government will do nothing that is not constitionally legitimate." News dispatches from La Paz, Bolivia, reported that "the Government, alleging fraud, today (March 17) decreed annulment of all contracts with the Standard Oil Co. of Bolivia and ordered the return to the State of the concern's properties throughout this country. The company, a 100% subsidiary of Standard Oil Co. (N. J.) enjoyed ■ , March 12—Pennsylvania bright stocks and cylinder stocks were increased , ' , 16—Prices of Pennsylvania neutral and March >■■■;.:■ if ted Y, to lc. a gallon. 19—Mid-Continent March gallon by all companies. March 22—A posted by H Standard bright oil stocks were y gasoline prices advanced were H cent a A similar boost in its marketing area was posted by Standard of Ohio. , cent a gallon advance in West Coast of California, effective March 23. oil prices wa® Other major com¬ panies followed. March 22—A 1 cent oil and a gallon advance in prices of Pennsylvania neutral Y cent in cylinder stocks was posted. March 31—Socony-Vacuum Oil Co., Inc.; - The committee's report stressed the fact that it considered all available data on production and discoveries in 1935 and controlled gallon, effective March 15, to 19 cents, 17 and 16.5 cents, respectively, for premium, regular and third-grade. imminent danger of shortage. The known and proven reserves as of today will be supplemented by new discoveries, as in the past. Beyond this there is the definite knowledge of many possible substitutes, obtainable by known processes and in were cut March 12—Standard of Ohio reduced tank-wagon gasoline prices 1 cent a H cent a gallon. do prices of "Essoheat" light Vs cent a gallon, tank car. have. probability is that those proven reserves constitute small portion of the supply which will be made avail¬ car Other heating and light fuel oils town, S. C., effective March 2. "The only Jersey cut tank heating oil M cent at New York, Baltimore, Norfolk and Charles- a posted an advance of H cent gallon in tank car and tank wagon prices of gasoline throughout New England, and the Albany division in New York State. THE MARCH FINANCING OF THE UNITED STATES TREASURY March is for the Treasury one of the tax-collecting and quarter-date financing months. But March, 1937, will be remembered less by the high volume of its tax collections and by the failure of the Treasury to raise any new money for the first time in several years than by the cfrastic and sustained weakness that developed in outstanding Treasury obli¬ gations. It was not the first break in the Government securities market since the Administration began aggres¬ sively to pursue an easy money policy in 1933, but it was by all odds the most severe break in four years. The Treasury was able to get its March financing out of the way before the storm broke. The details of the March financing were made available to the public on March 7. Secretary of the Treasury Henry Morgenthau Jr., announced on that day that he was offering an additional issue of 2J^% Treasury bonds of 1949-53 solely in exchange for the $502,361,900 of Treasury notes of series B-1937 maturing on April 15. The bonds, which represented an additional issue of the 2A% bonds sold in December, were not offered for cash. Opened on March 8, the subscription books were closed on March 10. Acting Secretary Magill was able to announce on March 15 that $483,910,000 of the April notes had been exchanged for the 2J^% bonds, leaving only $18,451,900 of the notes to be paid off in cash. But new on the second day after the subscription books on the bonds had been closed the Government securities market experienced the first of the series of shocks that were, by the time the month was over, to leave the 2H% bonds over two points under parity and 3 A points under the level at which the December 2^% bonds wound up at the end of February. The weakness in government securities became severe on March 12 without much warning. The large New York banks had been lightening their holdings of government issues since July 1, 1936, as the weekly Federal Reserve figures showed, and there had been increasing doubts whether the Administration, in spite of its expressed intention to do so, could hold long-term interest rates low in the face of the March 1 and and the rapid May 1 increases in reserve requirements advance in commodity prices. The decline in government securities that began on Marcn 12 only accelerated by a statement issued by Marriner S. Eccles, Chairman of the Board of Governors of the Federal was Reserve System, on March 15, in which he dwelt at length rapid rise in the prices of raw materials and finished goods and the means which he felt should be employed to on the head off undue advances in prices. The remedy for a'price Eccles, was in "vigorous government intervention with all tbe powers at its command to deal directly with the causes that might endanger the progress of a stable and enduring recovery." The market paid less inflation, said Mr. attention to Mr. Eccles's assurances that the easy money policies would be continued than to the dangers of a price $4,290,000 New York Central RR.—Public offering of a new issue of $4,290,000 of 2J4% equipment trust certificates was made March 18 by Evans, Stillman & Co., Harris, Hall & Co.; Inc., inflation to which he directed public interest. The authorities were unable to halt the recession in government securities by and buying for government trust accounts and by the Federal Reserve System's shift out of Treasury notes and discount bills into $98,102,000 more Treasury bonds in the two weeks • on March 29. ; , ; compared the Treas¬ with $410,263,018 in the corresponding period its collections were running more than $100,000,000 last year, behind its estimates. Figures J • not available as to the amount were of government Treasury purchased during the weakness in prices in the latter half of the month. The latest figures were those made public on March 15, showing that in Feb¬ ruary net market purchases of government securities for Treasury investment accounts amounted tcr $5,701,800, against $14,363,300 in January and $24,174,100 in December. The details of the sales of Treasury bills sold on a discount basis are given in the following tables: securities which the of Offering Mature Dated tions 273 days $50,000,000 June 16 1937 105 days 50,000,000 Mar. 4 1937 Mar. 10 1937 Dec. 8 1937 273 days 50,000,000 Mar. 4 1937 Mar. 10 1937 June 16 1937 98 days 50,000,000 153,617,000 Mar. 11 1937 Mar. 17 1937 Dec. 15 1937 Mar. 17 1937 June 17 1937 273 days 92 days 50,000,000 Mar. 11 1937 Mar. 18 1937 Mar. 24 1937 Dec. 22 1937 273 days 50,000,000 50,000,000 106,662,000 140,722,000 99,782,000 88,640,000 178,883,000 25 1937 Mar. 3 1937 Dec. Feb. 25 1937 Mar. 3 1937 1 1937 50,000,000 Mar. 18 1937 Mar. 24 1937 June 17 1937 85 days Mar. 25 1937 Mar. 31 1937 Dec. 29 1937 273 days 50,000,000 Mar. 25 1937 Mar. 31 1937 June 18 1937 79 days 50.000,000 122,846,000 To Redeem BUls Subscrip¬ Amount Average Offered tions Accepted Price Yield 99.695 99.935 0.402% 0.224% 99.656 0.454% 99.951 0.179% 0.525% 0.173% Feb. 25 1937 25 1937 Mar. 4 1937 Mar. 4 1937 $50,004,000 50,023,000 50,010,000 50,055,000 50,012,000 50,081,000 $114,519,000 111,863,000 130,196,000 153,617,000 106,662,000 140,722,000 99,782,000 88,640,000 178,883,000 122,846,000' Mar. 11 1937 Mar. 11 1937 Mar. 18 1937 Mar. 18 1937 Mar. 25 1937 Mar. 25 1937 ' 99.602 99.956 50,177,000 99.461 50,020,000 50,004,000 99.896 50,153,000 99.901 99.512 NEW SECURITY ISSUES Maturing 0.711% 0.440% 0.643% 0.450% Issue , / of— $50,295,000 case according to maturity. IC6 on March 5 obligation and liability in Ry.—The , , UTILITY FINANCING 130,000,000 Philadelphia Electric Co.—Offering was made to the public March 11 by ah underwriting group of 69 members, headed by Morgan Stanley & C'D., Inc., of a new issue of $130,000,000 1st & ref. mtge. bonds, 334% series, due on March 1, 1967. The bonds were prices at 102H and accrued interest, to yield 3.367% to maturity, or 3.352% to March 1, 1962, when the bonds will be callable at par. . 2,000,000 Long Island Lighting Co.—Milo R. Maltbie, Chairman of the New York P. S. Commission, on March 23 announced the entering of an order authorizing the company to sell $2,000,000 1st ref. mtge. 4% (series C) bonds, due June 1, 1960, par and accrued interest. The bonds have ..been sold at privately to the Sun Life Assurance Co. of Canada, which will take $1,000,000; the John Hancock Mutual Life Insurance Co. $750,000, and Connecticut Mutual Life Insurance Co. $250,000. : /'W . 550,000 Greenwick Gas Co.—Formal public offering by means of a larch 23 by Srospectus of 22,000 cum. $1.25 partic. shares was& made F. I. Putnam Co., Inc • pref. Amott, Baker Co., Inc.; R. H. Johnson & Co., and A. W. Benkert & Co., Inc., price of $25 a share and accrued dividends. at a INDUSTRIAL AND MISCELLANEOUS FINANCING 24,000,000 Panhandle Eastern Pipe Line Co.—A new issue of $24,000.000 1st mtge. & 1st lien bonds, series A, 4%, due March 1, 1952, was offered March 30 by a group of underwriters headed by Kidder, Peabody & Co., at 9734% and interest. Included among the principal underwriters were: Kidder, Peabody & Co., Edward B. Smith & Co., the First Boston Corp., Brown Harriman & Co., Inc., Lehman Brothers, Bonbright & Co., Inc., W. E. Hutton & Co., Stone & Webster and Blodget, Inc., White, Weld & Co., Bancamerica-Blair Corp., Schroder Rockefeller & Co., Inc., F. S. Moseley & Co., E. H. Rollins & Sons, Inc., Coffin & Burr, Inc., Graham, Parsons & Co., Mitchum, Tully & Co., Mellon Securities Corp.,, and Goldman, Sachs & Co. "vf?,: •>.' J 10,150,000 Walgreen 50,035,000 Sachs 50,012,000 Co.—Investment Co. & accrued , with accrued interest. PUBLIC I'-'r,}; $114,519,000 111,863,000 130,196,000 Feb. Feb. from of not exceeding $3,780,000 2H% serial equipment trust certificates, to be issued by the Continental Illinois National Bank & Trust Co., Chicago, as trustee, and sold at 101.056 and accrued dividends in connection with the procurement of certain equipment. The certificates were offered for sale through competitive bidding, and in addition invitations for bids were sent to 125 firms. In response thereto, seven bids were received. The highest bid, 101.056 and accrued in each Subscrip- Amount Bills Offered mature . staggered around the June tax date. The Treasury retired, $100,000,000 instalments on March 16, 17 and 18, the $300,000,000 of discount bills which fell due around the tax date period. These bills were retired out of the proceeds of tax collections. While the Treasury's income tax col¬ lections in Mhrch amounted to $694,825,061 up to the 28th, ;. certificates 3,150,000 Indianapolis Union Ry.—Public offering was made March 26 of $3,150,000 ref. & impt. mtge. 334% bonds, series B, dated March 1, 1936 and maturing March 1, 1986, by a bank¬ ing group headed by Halsey, Stuart & Co., Inc., and including Shields & Co.; Hallgarten & Co., and Graham, Parsons & Co. The bonds, which are endorsed jointly and uncondition¬ ally guaranteed as to payment of principal and interest by Pennsylvania RR. and New York Central RR., were priced at 99. The bonds are to be redeemed in whole or in part, on 60 days' notice, on March 1, 1941, or on any interest date thereafter to and including March 1, 1946, at 108; thereafter to March 1, 1951, at 107; thereafter to March 1, 1956, at 106; thereafter to March 1, 1961, at 105; thereafter to March 1, 1966, at 104; thereafter to March 1, 1971, at 103; thereafter to March 1, 1976, at 102; thereafter to March 1, 1981, at 101; thereafter to March 1, 1983, at 10034, and thereafter at par* in V- The dividends, was made by the Prudential Insurance Co. of Amer¬ ica, and has been accepted. On this basis the average annual cost of the proceeds to the applicant will be approximately 2.36%. ',/V v. > ' ' additional issue maturities were ury throughout March sold every week an of $50,000,000 of discount bills, whose , • V; In line with the announcement made on Feb. 25, J. Dominick. respect ended, the 2lA% Treasury bonds of 1949-53 selling at 97 28-32, against 101 14-32 at the close of February, and all told there were four Treasury bond issues selling under par. Treasury notes also were weak, though less so than the bonds. The 2%% notes due June 1, 1939, were quoted at a 1.28% yield, against 0.97% at the end of February, and the 1}4% notes were at a yield of 1.^50%, against 1.25% a month earlier. The average discount at which Treasury bills issues were sold rose from 0.224% for the 105-day bills and 0.402% for the 273-day bills on March 1 to 0.450% for the 79-day bills and 0.643% for the 273-day bills & 1938 to 1952, inclusive, and were priced to yield authorized the company to assume When March « .■ 15, 3,780,000 Duluth Missabe & Northern were Hi Dominick March from 0.90% to 3.20%, ended March 24. »• II REVIEW MONTHLY April, 1937] divs. offered a new on headed dealers by . Goldman March 15 at $101.50 a share and of 100,000 shares of $4.50 cum. issue pref. stock (with common stock purchase warrants attached). 9,850,000 Spiegel, Inc.—Public offering of a new issue of 100,000 shares of cum. pref. stock, $4.50 convertible series (no par), was made March 8 at $98.50 a share by a banking group consisting of Brown Harriman & Co., Inc., Goldman, Sachs & Co., White, Weld & Co., and Wellington & Co. 60,008,000 ' 50,015,000 4,917,500 Pittsburgh Coke & Iron Co.—A refinancing program, which IN MARCH will reduce the funded debt and fixed interest charges of the The volume of financing in the domestic market in March showed a reduction from the previous month and for the like period one year ago. Many offerings scheduled for sale in March conditions. new were held over company, has been carried out through the public offering by Hemphill, Noyes & Co. and associates of $3,000,000 1st mtge. 434% bonds, series A, due March 1, 1952, at 101 and accrued interest; 15,000 shares of $5 pref. stock (no par), at $98.50 a share, and 40,000 shares of common stocks (no par) at $11 a share. Hemphill, Noyes & Co., as managers of the under¬ writing group, announce that subscription books have been due to unfavorable market Of particular interest the past month was a noticeable increase in offerings constituting new capital. This trend away from refunding issues has become quite clearly defined and is expected by those most interested to show further development in the months to come. The public utility group, as has happened so often in the past, again held the most prominent position in the month's oper¬ ations through an offering on March 11 by the Philadelphia Electric Co. of its 3^% series first & refunding mortgage bonds, totaling $130,000,000. The bonds become due on March 1, 1967, and represent the largest emission by an electric power operating company under the Securities Act of 1934. Distribution of the bonds was effected, in addition to the nation-wide underwriting group, by between 600 and 650 bond dealers throughout the country. Below we give the larger offerings for March: RAILROAD * closed. 4,000,000 Celotex Corp.—Public offering of $4,000,000 10-year 434% debentures due Feb. 1, 1947 (carrying attached stock purchase warrants for shares of common stock) was made March 2 by Distributors Group Inc. at a price of 10134 and accrued inter\ f est. The issue was oversubscribed. 3,500,000 Broadway Department Store, Inc., of Los Angeles—Public offering was made March 23 by a syndicate headed by Blyth & Co., Inc., of 35,000 shares of 5% cumulative convertible preferred stock ($100 par) at $100 a share. Other members of the syndicate included William R. Staats Co.; Pacific Co. of California; Bateman, Eichler & Co.; Battson, Barnes & Lester, Inc.; Griffith-Wagenseller & Durst, and Schwabacher & Co. 2,500,000 Memphis Commercial FINANCING $7,000,000 Chicago Burlington & Quincy RR.—The ICC on March 4 authorized the company to issue (1) $7,000,000 of serial col¬ lateral trust notes, series A to J, and (2) $7,873,000 of general mortgage 4% bonds to be pledged as collateral security for the Appeal Co.—Offering of $2,500,000 434% sinking fund debentures was made March 15 at 15-year 101 and int. by a group headed by Field, Richards & Shepard s ; r-;i _ - , and Robinson, Webster & Gibson. The selling group included Curtiss, House & Co.; Hayden, Miller & Co.; Merrill, Turben & Co.; Yarnall & Co.; G. H. Walker & Co.; Singer, Deane & Scribner; Equitable Securities Co., and Ames, Emerich & Co. The debentures are redeemable until March 15, 1939, at 104 and int., and at 34 of 1% less than that amount for each two-year period from March 15, 1939 to redemption date, Sinking fund payments are to be $100,000 per year from 1937 to 1941, $125,000 per year from 1942 to 1946, and $150,000 per year from 1947 to 1951, inclusive. National Bank of Commerce in Memphis is trustee. , ■fX": . notes under a collateral trust indenture; the notes to be sold at such price or prices that the average annual cost of the pro¬ ceeds to the applicant will not exceed 2.32%, and the proceeds to be applied to the cost of railroad cars and locomotives. The notes will mature serially in the amount of $700,000 on Dec. 1 in each of the years 1937 to 1946, inclusive, and have 2,500,000 Oswego Falls Corp.—Public offering of an issue of $2,500,000 1st mtge. 434% sinking fund bonds (with common stock de¬ livery warrants attached) was made March 5 through an under¬ writing group comprising Hornblower & Weeks; E. H. Rollins & Sons, Inc.; Schoellkopf, Hutton & Pomeroy, Inc., and O'Brian, been sold to the Prudential Insurance Co. of America at such prices that the average annual cost to the applicant proceeds will not be more than 2.32%. ' : 2,250,000 Elgin Joliet & Eastern Ry.—The ICC on March 10 authorized the company to assume obligation and liability in respect of not exceeding $2,250,000 2M% serial equipment trust certificates, to be issued by the Northern Trust Co., as trustee, price bond carrying fctock delivery warrants entitling the holder to receive on and after May 5,1937, seven shares of common stock without further payment. - procurement of certain requests for of a prospectus of 27,900 shares of 534% cumulative convertible preferred stock at $50 a share by Russell Maguire means & Co., equipment. The certificates were competitive bidding and in addition bids were sent to 110 firms. In thereto six bids ' and accrued dividends, was made Co. 1 of America, Inc., of New York, Ericson, Nichols & Robbins, Inc., of Chicago, and Edgerton, Riley & Walter of Los Angeles. The preferred stock is convertible into common stock at a ratio of 10 shares of common for each share of preferred until re¬ were received. The highest bid, 100.702 by the Prudential Insurance and has been accepted. On this basis the average annual cost of the proceeds to the applicant will be approximately 2.41225%. sponse 1,395,000 Sunray Oil Corp.—Public offering was made March 12 by 100.702 and accrued divs. in connection with the offered for sale through individual Potter & Co. The bonds are due March 1, 1952. $1,035 per unit consisting of one $1,000 The offering price was or of the and sold at m-m at V 1937. This ratio then declines by one share of com¬ each year until June 30, 1943, when it becomes stationary June 30, mon three shares for each share of redeemed. v:■ preferred until the latter is ■. .-•« ' 12 MONTHLY REVIEW $1,392,840 Allied Kid Co.—New financing in the form of an offering of Changes in dividend declarations in March are numerous and are for the most part of a favorable nature. The follow¬ ing list, divided into two sections, namely "Favorable Changes" and "Unfavorable Changes," gives the more im¬ portant of the changes: 1,275,000 Rustless Iron & Steel Corp.—Public offering by means of a prospectus was made March 4 of 25,000 shares of $2.50 cumu¬ lative convertible preferred stock (no par) by W. E. Hutton & Co. at $51 a share. ■ ■ 1,125,000 Air Devices Corp., Allis-Chalmers Manufacturing Co.—Dividend of 50$. a no par common stock, payable March 31; this compares of 50c. and a regular quarterly dividend of 37 He. paid on for the corporation was ' announced March 19 in the offering by J. A. Sisto & Co. of 300,000 shares of ($1 par) common stock of a total of 800,000 shares covered by the registration state¬ ment. The shares, which were offered by means of a prospectus, and priced at $3.75 each, have been sold and the books closed. The present authorized capitalization consists of 1,000,000 shares ($1 par) common stock, of which, upon com¬ pletion of this financing, there will be outstanding 400,000 1 ( the regular quarterly dividend of financing. dividend of like amount 50c. M. Higbie • stock increased from no par common share, payable April 15. a a share on the par capital stock, payable March 31; this compares with $1.75 paid Dec. 23, last, and dividends of 75c. each three months from Sept. 30, 1935, to and including Sept. 30, last. Agricultural Chemical Co.—Dividend of $1 on American Discount Co* increased from 45c. American District on the no par common stock share, payable April 1. (Ga.)—Dividend share to 50c. a a Telegraph Co.—Dividend on the common creased from $1 a share to $1.25 a share, payable March 20. American Enka Corp.—Interim dividend of 75c. stock in¬ share was paid March a on the no par common stock and compares with a quarterly of 25c. share paid on Dec. 15, last, together with an extra of $3.50 a share. 15 a American Re-Insurance Co.—Directors 100%, payable April 1. declared Associated Breweries of dividend stock a of T , Ashland Oil & Refining Co.—Initial quarterly dividend of on the 5% preferred stock was paid on March 15, last. $1.25 a share the common stock increased from 15c. a share to 20c. a share, payable March 31. Atlantic Coast Fisheries Co.—Dividend on common resumed by declaration of 35c. a share, payable April 15. This represents the first dividend to be paid on this stock since June, 1930. headed by Co., Inc., New York, and including Carlton Corp. and Alison & Co., Detroit, offered on $16.75 per share, 57,430 shares of common stock group F. Eberstadt & March 11 at the on shalre and a regular semi-annual stock, both payable May 20. a common no : _ share to 75c. a the on Arlington Mills—Dividend American , , Argo Oil Corp.—Extra dividend of 10c. stock did not constitute new Rubber Corp.—An underwriting Mfg. Co.—Dividend of 25c. a share on the no par stock, payable April 1; this compares with a special dividend 15, last, and a regular quarterly of 15c. paid on common 1,030,000 Eason Oil Co.—Public offering was made March 29 by Lyon, Pruyn & Co. and Stemmler & Co. of New York of 40,000 shares of $1.50 cumulative convertible preferred stock ($20 par) and 136,000 shares ($1 par) common stock, by means of a pros¬ pectus. The initial offering price of the preferred stock was $25.75 per share, while the common shares were priced at the 961,953 Hewitt a share in addition to share on the common stock, both a of 30c. paid on Dec. Oct. 1, last. 1,091,580 Pennsylvania-Central Airlines Corp.—The first public financing for the corporation, which last fall acquired all of the assets and consolidated the operations of Central Airlines, Inc., and Pennsylvania Airlines & Transport Co., airmail con¬ tractors between Washington and Detroit and Detroit and Milwaukee, respectively, was announed March 22. The present offering consisted of 103,960 shares of capital stock and was made by Carl M. Loeb & Co. and Cohu Brothers by means of a prospectus. The shares were priced at $10.50 each. common 10c. Aluminum Goods ' The sale of the share on the with an extra Dec. 24, last. payable April 15. 1,125,000 Mercantile Credit Corp. of New Orleans, La.—Eli T. Watf son & Co., Inc., made public offering March 18, by means o a prospectus, of 300,000 shares ($1 par) capital stock of a total of 650,000 shares covered by the registration statement filed with the Securities and Exchange Commission. The offering was priced at $3.75 per share. market. stock in¬ & Gas Co.—Extra dividend of lc. AU-Penn Oil The company has no funded debt. shares. < CHANGES FAVORABLE Administered Fund Second, Inc.—Dividend on the common creased from 10c. a share to 18c. a share, payable April 20. V Chicago—Initial public financing CHANGES IN MARCH DIVIDEND 77,380 shares of common stock by a syndicate headed by & Curtis, Childs, Jeffries & Thorndike, Inc., and Mitchum, Tully & Co. was announced March 11. The stock, which was offered at $18 per share, represents part of a total new issue of 300,000 shares ($5 par) common stock authorized by a corporate amendment on Feb. 5, 1937, of which total 270,000 shares are to be used for the purpose of retiring all of the company's other securities now outstanding. Jackson Canada, Ltd.—Dividend on Austin, Nichols & Co., Inc.—Directors declared a dividend of $5 a share on the prior A stock, consisting of $4 in notes of the company, and $1 in cash, all payable April 10. This covers the accumulations, amounting to $5 a share, for the dividends to and including the Aug. 1, 1936, divi¬ dend (leaving accumulations of $1.25 a share for the Nov. 1, 1936, dividend and $1.25 a share for the Feb. 1, 1937, dividend). 937,500 Bender Body Co.. Cleveland—William J. Mericka & Co., Inc., of Cleveland and New York, and Carlton M. Higbie Corp. of Detroit on March 16 offered publicly, by means of a prospectus, 75,000 shares ($5 par) common stock of the com¬ pany at $12.50 per share. 1 , Automobile Finance Co.—Extra dividend of 5c. 815,282 Samson United Corp.—Public offering of 130,445 shares of common stock ($1 par) was made March 9 by Tobey & Co.» New York, and Hincks Bros. & Co., Inc., Bridgeport, Conn* The shares were initially priced at $6.25. Of the 130,445 shares, 110,000 shares were offered for the account of the corporation and 20,445 shares for the account of present the regular quarterly dividend both payable April 15. - Beneficial increased from 45c. Proceeds of the 110,000 shares for account of corporation, after payment of bank loans and current indebtedness, will be used & Co. and Jackson quarterly of 10c. April 15. as a speculation. & shares of common or class A common stock held payable April 1. ; 1947 incl., a of from wfl 2,850,000 Allegheny County, Pa., road and building bonds sold privately to Brown Harriman & Co., Inc., of New York, and associates, as 2%8, at a price of par. Due annually from 1938 to 1967 incl. Priced to investors to yield from 1% to 275%, according to maturity. The county was unsuccessful in an effort to receive a bid on an all or none basis for a total of $5,500,000 bonds which were originally proposed for sale. the bonds was then arranged. Sale of part of 1,806,000 Essex County, N. J., bonds awarded to an account managed by Phelps, Fenn & Co. of New York, as 3Ms, at a price of 101.66. Due serially from 1938 to 1977 incl. 1,600,000 Boston, Mass., bonds were awarded to a syndicate headed by Haisey, Stuart & Co., Inc. of New York, as 2Ms, and 3s, at a price of 100.006. The sale comprised a number of issues, due serially from > 1938 to 1957 incl. Bankers reoffered the liens at prices to yield from 0.90% to 2.90%, according to date of maturity. 1,489,000 Seattle, Wash., 3M% municipal light and (F.) revenue bonds sold privately to a syndicate headed by the BancamericaBlair Corp., New York City. Due serially from 1943 to 1953 incl. Reoffered at prices to yield from 3M% to 4.10%, ac¬ cording to maturity. * 1,080,000 Madison County, Iowa, primary road refunding bonds purchased by the Iowa-Des Moines National Bank & Trust Co. of Des Moines, and associates, a3 2^8, at a price of 100.629, a basis of about 2.37%. from 1938 to 1947 incl. share to 45c. regular quarterly of 20c. a a on the class A stock of share, payable April 15. share was paid. a Burkart Mfg. Co.—Dividend of 60c. Canada Iron Foundries, a Ltd.—Dividend share preferredstock increased from $1.50 a the new common on with 50c. a share paid 6% non-cumulative share to $2.50 a share, payable on the April Canadian Bronze Cc*., increased from 25c. ' Canadian a Ltd.—Dividend on the no par common stock share to 37Mc. a share, payable May 1. Canners, Ltd.—Initial quarterly dividend of 25c. a share on 1 the 5 % preferred stock, payable April 1. Canadian General Electric Co., Ltd.—Dividend increased from $1.25 a on the common the 5% preferred stock share to $1.50 a share, payable April 1. (Philip) Carey Mfg. Co.—Initial quarterly dividend of $1.25 a share on stock, payable March 31. Celanese Corp. of America—Dividend of 75c. a share on the ^common stock for the quarter ending March 31, 1937, payable April 1. • Century Electric Co.—Dividend of $1 a share was paid March 31 on the common stock. This compared with $3 paid on Dec. 21, last, and 50c. each a share on Oct. 15 and July 15,1936. Clark Controller Co.—Dividend of 50c. payable March 18. < Colorado Fuel March & Iron 31, last, on the a share on the new common Corp.—Special dividend of $1 common a stock, share was paid stock. Commonwealth Investment Co.—Dividend of 5c. a share on the $1 par common stock, payable May 1. This compares with disbursements of 4c. a share made share and a on Feb. 1, last, and each previous quarter. Investment Management Co.—Extra dividend of 5c. a a share on the common stock, both payable dividend of 10c. April 5. y;;;;:;• Consolidated Bakeries of no Canada, Ltd.—Quarterly dividend par common stock increased from 20c. a share to 25c. a on the share, payable April 15. Consolidated Car lar Heating Co.—Extra dividend of $2 quarterly of $1.50 a share on T' 1,000,000 Hartford, Conn., 1H% refunding bonds sold to Estabrook & Co. of Boston, and.Putnam & Co. of Hartford, jointly, at a price of 98.549, a basis of about 2.03%. Due $100,000 annually Ltd.—Dividend a stock of $1 par, payable April 1. This compares on Jan. 1. last, and on Oct. 1,1936. Connecticut power share to $1.60 a share, payable Investing Co., lncv—*Dividend of 25c. a share on the at which time yield basis a Bulova Watch Co.—Dividend of $2.50 a share was paid on the common stock on March 23, last, and was the first distributed since Sept. 1,1931, N. Y., various 2.885%. Publicly offered on 1.25% to 3%, according to maturity. $1.25 capital stock, payable April 1. This compares with $1.65 paid on Dec. 18, last, and a regular quarterly of 20c. a share paid from Jan. 3, 1933 to and including Oct. 1, last. 15,000,000 New York (State of) grade crossing elimination bonds sold to an account composed of the Bank of The Manhattan Co.; Ladenburg, Thalmann & Co. and Speyer & Co., all of New York, as 3s, at a price of 101.07, a basis of about 2.9578%. Due $300,000 annually from 1938 to 1987 incl. Reoffered at prices to yield from 1% to 3%, according to maturity. 1938 to 4:;:^; Jan. 2, last. MUNICIPAL FINANCING about share on the common stock, Dec.* 21, last and was the on 1 Broad Street York and associates, as 2.90s, at a price of 100.077, a basis of a paid Co., Ltd.—Dividend of 25c. a share on the no par capital stock, payable in Oanadian funds on April 1. An extra dividend of 20c. in addition to a regular quarterly of like amount was paid on British Columbia Power Corp., no par value increased from 40c. 540,625 American Discount Co. of Georgia—Courts & Co.; The Equitable Co., and Clement A. Evans & Co., Atlanta, Ga., recently offered 12,500 snares of $2 cumulative (no par) preferred stock, series A, at $43.25 and dividends. from stock increased from April 1. ^ purposes bonds, due serially awarded to Lehman Bros, of New was this issue since 1930. on British American Oil 598,000 Tappan Stove Co.—Offering was made March 12 at $13 a share of 46,000 shares of capital stock by a group headed by Mitchell, Herrick & Co. and including McDonald-Coolidge 3,250,000 Erie County, A dividend of $1 Bristol Brass Corp.—Extra dividend of 25c. a share and a regular quar~ terly of 50c. a share, both payable March 15 on the $25 par, com. stock* British American Assurance Co.—Semi-annual dividend on the $25 par at common Co. both payable stock, common par Manufacturing Co., Inc.—Quarterly dividend on the common stock increased from 15c. a share to 20c. a share, payable April 1. stock at $12.75 a share. & no , Brillo $3.00 per share. - the on ' . first disbursement made 697,104 Aetna Ball Bearing Mfg. Co., Chicago—Carlton M. Higbie Corp. of Detroit and Bawson Lizars & Co. of Chicago made public offering March 24 of 54,675 shares of common ' share a & Bridgeport Machine Co.—Dividend of 25c. < 700,000 Mar-Tex Oil Co.—Offering was made March 3 by means of a prospectus of 200,000 shares of class A (non-voting) common stock ($1 par). The stock was offered as a speculation at $3.50 per share by L. S. Carter & Co., Inc.. and Gillet & Co., Inc. Stockholders at the time of the offering were given the prior right to subscribe for two shares of this stock for each three stock increased Distillers of Vancouver, Ltd.—Extra dividend of 10c. a share and a dividend of 40c. a share on the new common stock of $5 par, both payable May 20, next. Curtis on March 8 offered 30,000 shares of $1.50 cumulative convertible class A stock at $25 and divs. The stock was offered stock Bralorne Mines, Ltd.—Extra dividend of 10c. a share in addition to a Brewers Co.—Gronberry a the common stock, the common share, payable April 30. on Laughlin, Inc.—Dividend on the $5 par common from 37 He. a share to 50c. a share, payable March 31. Upon completion of present financing, company will have out¬ standing 200,010 shares of common stock, constituting its entire capital structure. The company has no funded debt. Wagon Corp.—Dividend share to 50c. share in addition to a on Bliss & for new capital purposes, including plant expansion, increased inventory and working capital. 750,000 Covered a Loan share a Blow-Knox Co.—Interim dividend of 20c. a share on the no par common stock, payable April 15. This compares with 35c. paid on Dec. 18, last, and 15c. on Oct. 30, last. . stockholders. >'• Industrial of 10c. Credit from De Utility 18?ic. a share to 25c. a share and a regu¬ share, payable April 10 next. Long Hook & Eye Co.—Special dividend of $1.50 lar a the common stock, both payable April 15. Banking Corp.—Regular quarterly dividend increased quarterly dividend of $1.25 respectively. a a share and a regu¬ share, payable March 8 and April 1, MONTHLY April, 1937] Denver Union Stock Yards Co.—Dividend of 75c. a share on the no par stock, payable April 1. A disbursement of $2.50 a share was Dec. 21 last and one of 50c. a share on Oct. 1, 1936 and each quarter previously. common made on Diamond T Motor Car Co.—Initial dividend of 25c. mon share on the com¬ Dobeckmun Co.—Initial dividend of 35c. a share the common stock, share on the class a A value were paid on March 31 last. This of 12Hc. a share and regular quarterlies of the above issues previously. no like amount paid on Fairmont Creamery Co. (Del.)—Initial quarterly dividend of share on the 4H % preferred stock, par $100, payable April 1. $1.12)4 a Inc.—Dividend on the common stock share to 25c. a share, payable April 1. Fanny Farmer Candy Shops, increased from 12Hc. a Fedders Mfg. Co., Inc.—Initial dividend of 25c. a share on the larger outstanding, payable April 1.' amount of common stock now Federal Mining & Smelting Co.—Dividend of * of $69.75 a share on account on the 7% cumulative preferred stock, par $100, This dividend clears up all arrearages on the preferred accumulations payable April 10. up to and including Feb; 28, 1937. Gamewell Co.—Dividend of $6 a share on account of accumulations on the $6 cumulative preferred stock of no par value, payable April 7. This dividend will be the first since Sept. 15, 1934 and covers the quarterly dividends due Dec. 15, 1934 and March 15, June 15, and Sept. 15,1935. Gardner-Denver Co.—Extra dividend of 25c. a share and a regular quarterly of 50c. a share on the common stock, both payable April 20. General Candy Corp.—Dividend on the class A stock increased from a share, payable March 20. General Electric Co.—Dividend on the no par common stock increased from 25c. a share to 40c. a share, payable April 26. i > ;#■ , 15c. a share to 25c. Fireproofing Co.—Dividend of 25c. a share on the common stock, payable April 1. An extra of 30c. a share and a regular quarterly of 10c. a share were paid on Dec. 24, last. On Oct. 1, 1936 an extra of 10c. and a quarterly of like amount were both paid on this issue. General Machinery Co.—Initial quarterly dividend of $1.12 H a share on the 4H % convertible preferred stock was paid on April 1, last. General Public Service Corp.—Dividend of $15 a share on the $6 preferred stock and $13.75 a share on the $5.50 preferred stock, both payable April 1. The above dividends clear up all arrearages on these issues. ■ , General Shoe Corp.—Dividends on the no par class A and B common stocks increased from 75c. a share to 85c. a share, payable April 15. General Time Instruments Corp.—Extra dividend of 25c. a share and a regular quarterly of 25c. on the no par common stock, both payable April 1. Goldblatt Bros., Inc.—Initial dividend of 64.7c. a share on the new* $2.50 cum. conv. pref. stock of no par value, payable April 1. Dividend on common stock increased from 37Hc. a share to 60c. a share and bedue on same date. . payable Greenwich Gas Co.—Initial quarterly dividend of 31 He. a share on the $1.25 participating preferred stock, payable April 1 Investment Trust—Dividends on the convertible and nonconvertible preferred stocks of no par value were increased from 45c. a share to 55c. a share and became payable on April 1. ' .M-7; Guardian Harbauer Co.—Dividend on the no par common stock increased from 25c. a share to 30c. a share, payable April 1. Haskins March 15, last. on • Manufacturing Co.—Dividend of $1 a share on the no par stock, payable March 26. Previously regular quarterly divi¬ a share were distributed. Houston (Texas) Natural Gas Corp.—Initial dividends of 25c. were paid March 31, last, on the common and class A stocks. Independent share on the 1 - , Pneumatic common new Tool Co.—Quarterly dividend stock of The old common stock which $4 annual basis. was of value was paid on recently split two-for-one no par share a ' 62 He. a March 31 was on a Indiana Pipe Line Co.—Divided on the capital stock increased from ■,: 20c. a share to 30c. a share, payable May 15. Industrial Acceptance Corp., Ltd.—Dividend of 25c. a share on the , i 1 f $2 non-cumulative class A stock/payable April 1. This will be the first payment made on the issue since Jan. 2, 1932, when 30c. a share was distributed. Industrial Rayon Corp.—-Dividend of 50c. share on the no par capital i; stock, payable April 1. An extra dividend of 50C. a share was paid on Jan. 2, last, and a quarterly of 42c. was distributed on Dec. 24, 1936. Interlake Steamship Co.—Dividend on the common stock increased from 25c. a share to 50c. a shafe, payable April 1. a - Investment Corp. of Philadelphia—Dividend stock increased from 50c. a share to $1 Jenkins Brothers—Dividend of 25c. a on the no par common share, payable March 15. share ; paid on the common stock on March 30, last, and compares with 50c, extra and a regular quarterly of similar amount paid on Dec. 19, last. a was (Mead) J ohnson & Co.—Extra dividend of 75c. a snare and a regular quarterly of like amount on the no par common stock, both payable April 1. • Kelley Island Time & Transport Co.—Dividend of 30c. share was This with an extra a paid Marcn 31, last on the no par common stock. of 5c. and a quarterly of 25c. a share distributed on Sept. 30, last. Kinsey Distilling Co.—Initial quarterly dividends of 20c. a share on the prior preferred stock and one of 10c. a share on the participating preferred stock, both payable April 15, next,. Laclede Steel Co.—Dividend of 25c. a share was paid on the $20 par k common stock on r 1936, and 15c. a March 30 last and compares with 45c. paid on Dec. 26, share in previous quarters. Lehman Corp.—Special dividend of $4.25 a share and a regular quarterly h dividend of 75c. a share on the capital stock, both payable April 7. Loomis-Sayles Second Fund—Extra dividend of 15c. a share and a quar¬ terly dividend of 25c. a share on the common stock, both payable April 1. Magor Car Corp.—Dividend of $36.75 share on the 7% preferred stock, payable April 15, clearing up all back dividends on this issue. A divi¬ dend of $1 a a share on common was also declared, payable May 1. (R. C.) Mahon Co.—Initial stock, payable March 15. dividend of 15c. a share on the common stock increased from 40c. a Marion-Reserve Power Co.—Initial quarterly dividend of $1.25 on the $5 preferred stock, payable April 1. McGraw-Hill Publishing Co., a share Inc.—Interim dividend of 15c. a share on payable April 15. A disburse¬ the no par common stock of the company, of 12Hc. was made on Jan. 15 last and marked the resumption of by the company. The last previous payment consisted of 25c. dividend distributed on Oct. 1, 1931. t, ment dividends a (Arthur G.) McKee & Co.—Extra dividend of 50c. a share and a regular quarterly of 25c. a share on the class B stock, both payable April 1. Merchants & Manufacturers Securities Co.—Extra dividend of 35c. a share on the $2 partic. pref. stock, payable March 25. Merck & Co., Inc.—Quarterly dividend on the common stock increased from 20c. a share to 25c. a share, payable April 1. a share to 50c. on the new no par common share, payable April 1. a Northern States Power Co. (Minn.)—Initial quarterly dividend of $1.25 a share on the $5 preferred stock, payable April 15. Old Colony Insurance Co.—Quarterly dividend of $5 a share on the capital stock, payable April 1; previously regular quarterlies of $2 a share were distributed. O'Sullivan Rubber Co., Inc.—Initial dividend of 37Hc. a share on the 6% preferred stock, payable April 1. Pacific American Fisheries, Inc.—Dividend on the $5 par common increased from 25c. a share to 50c. a share, payable April 15. Pacific Tin of 50c. a stock Corp.—Extra dividend of 25c. a share and a regular quarterly share on the common stock, both payable March 25. Page-Hersey Tubes, Ltd.—Dividend of $1 a share on the common stock, payable April 1. Previously regular quarterly dividends of 75c. a share were distributed and on Jan. 2, last, an extra of 25c. was paid. Peninsular clared Telephone Co.—Three dividends of 40c. a share were de¬ no par common stock, payable April 1, July 1 and Oct. 1, a share each were paid on Jan. 1, last and the on respectively. Divideds of 25c. Dec. 24, 1936. ^H Pickle Crow Gold Mines, Ltd.—Quarterly dividend of 5c. a share on the stock, payable in Canadian funds on March 21 and one of 10c. share on the same stock, payable June 30. common a Pittsburgh Plate Glass Co.—Dividend of $1 common stock, payable April 1. a share on the $25 par Pittsburgh Screw & Bolt Corp.—Dividend of 15c. a share on the no par common stock, payable April 21. This compares with 40c. paid on Dec. 21, last, and 12Hc. on Sept. 1, last. Pressed Metals of America, Inc.—Dividend of 50c. a share on the no par common stock, payable Apfil 1; a like amount was paid on Dec. 22, last He. a share were paid on Oct. 1 and July 1, last. and dividends of 37 Rainier Pulp & Paper Co.—Extra dividend of $1 cumul. class A and class B common stocks of no par April 20. ^ a share on the $2 value, both payable k-m Rath Packing Co,—Stock dividend of 50% payable in common stock on April 1 and a regular quarterly cash dividend of 50c. a share, likewise payable on the same date. ;March 30 in common a share was paid the common stock. on 7 ;•//,'■; declared on the common shares, payable holders of record as of April 20. ■ . Schiff Co.—Dividend of 50% shares to was Scovill Manufacturing Co.—Dividend of 50c. a share, payable April 1 on the common stock; 75c. a snare was paid on Dec. 21 and Oct. 1, last, and 25c. each quarter previously. Seaboard Commercial Corp.—Initial dividend of 19.18c. a share on the 5% cumulative preferred class A stock and an initial dividend of both payable March 31. The recently reclassified its stocks and authorized exchange of present stock for old issues. v V new 20c. a share on Lie new common stock, company Securities Acceptance Corp.—Dividend of 20c. a share declared on the common stock, payable July 1. A dividend of 15c. a share was paid April 1, last on this issue. a regular quarterly of like amount on tne no par common stock, both payable April 1. An initial quarterly dividend of $1.25 a share on tne 5% convertible preferred stock also becomes due on April 1. Shasta Water Co.—Extra dividend of 40c. a share and a regular quarterly of like amount on the no par value common stock, both were payable on April 1, last. Signal Oil & Gas Co.—Dividend of 50c. a share was paid March 15, on the class A and B common stock, this compares with an extra disbursement of $1 a share on Dec. 15, last, and a quarterly or 25c. and 10c. extra on Oct. 15, last. Silver King Coalition Mines Co.—Dividend on the $5 par, capital stock increased from 15c. a share to 25c. a snare, payable April 1. and ^ (L. C.) Smith & Corona Typewriters, Inc.—Extra dividend of 12 He. a share and a quarterly dividend of 25c. a share on the common stodk, Doth payable April 1. Southern Fire Insurance Co. (Durham, N. C.)—Dividend on the capital stock increased from 40c. a share to 60c. a share, payable March 30. Southland Royalty Co.—Dividend of 10c. a share on the $5 par, common stock, payable March 20; this compares with 5c. a share paid on Dec. 31,last. Superheater Co.—Dividend on the common stock increased from 12Hc. a share to 25c. a share, payable April 15. (L. S.) Starrett Co.—Extra dividend of 40c. a share and a regular quarterly of 35c. a share on the no par common stock, both payable March 30. i Stokely Bros. & Co.—Extra dividend of 25c. a share and a regular quar¬ terly of 25c. a share on the common stock, both payable April 1. Pre¬ viously regular quarterly dividends of 20c. a share were distributed. Thompson Products, Inc.—Dividend of 40c. a share on the no par com¬ mon stock, payable April 1. On Dec. 15, last, 90c. a share was paid and 30c. a share on Oct. 1, and July 1, 1936. ; Tilo Roofing Co.. Inc.—Dividend of 25c. a share on the $1 par common stock, payable April 1; this compares with an extra of 12He. a share and a regular quarterly of 12 He. a share, both distributed on Dec. 21, last. Title Insurance & Trust Co. (Los a Angeles)—Dividend of 75c. the common stock, payable April 1. on a share An extra dividend of 50c. and regular quarterly of like amount were paid on Jan. 2, last. Twentieth Century-Fox Film Corp.—Dividend of 50c. a share was paid March 31 on the common stock; $1 a share was paid on Dec. 11, and on Oct. 23, last, the latter being the Initial payment on this stock. United Carbon Co.—Dividend on the no par common stock increased share, payable April 1. * from 75c. a share to $1 a , United Distillers of Canada, the ordinary Ltd.—Initial dividend of 10c. stock, payable April 15. a share on Camp Milk Co—Special dividend of 50c. a share was paid March 27 on the common stock. Van Kamps Holland Dutch Bakers, Inc.—Extra dividend of 25c. quarterly dividend of like amount on the common stock, paid on March 31 last. A regular dividend of 12He. a share was paid on Dec. 15 last. •' 7/77"- Van de a share oh the common stock, payable April 1. This compares with $13 a share paid on Dec. 23 last and $6.25 on Nov. 2 last and in each quarter previously. Mahoning Coal RR.—Dividend of $7.50 of 20c. a Securities Investment Co. of St. Louis—Extra dividend of 50c. a share - common dends of 50c. /• • Niagara Wire Weaving Co., Ltd.—Dividend Halifax Fire Insurance Co. (Nova Scotia)—Dividend on the common stock increased from 45c. a share to 50c. a share, payable July 2. Regular payments at the former rate have been made each six months previously. Hickok Oil Corp.—Extra dividend of 75c. a share and a regular semi¬ annual dividend of 50c. a share on the class A common stock, both were the capital stock, May 10. San-Nap-Pak Mfg. Co., Inc.—Initial dividend of 10c. Great Northern Lumber Co.—Extra dividend of 50c. a share in addition, to a dividend of $1 a share on the common stock, both payable April 1. payable Oct. 15, 1936 and each quarter previously. New York Merchandise Co., Inc.—Initial quarterly dividend share on the new $10 par common shares, payable May 1. I comes on New Jersey Zinc Co.—Extra dividend of 50c. a share on i > share National Pumps Corp.-—Initial dividend of 13 He. a share on the 5H% cumulative convertible preferred stock, payable April 1. . General a Naval Stores Investment Co.—Dividend on the common stock increased from 20c. a share to 24c. a share and became due on March 1 last. par compares with extra dividends a Bhare on the $40 par com¬ This compares with 68c. paid on Jan. 15 Telegraph Co.—Dividend of 80c. stock, payable April 15. last and 80c. on Easy Washing Machine Corp.—Dividends of 25c. stocks of mon ; $1, payable April 15. common Montana-Dakota Utilities Co.—Initial dividends of $1.50 a share on the 6% preferred stock and $1.25 a share on the 5% preferred stock, both payable April 1. v/. share on the common a Eagle Fire Insurance Co. of N. J.—Extra dividend of 5c. a share and a dividend of 10c. a share on the capital stock, both payable March 31. and B Miller Wholesale Drug Co.—Dividends resumed on the common stock by declaration of 12Hc. a share, payable April 1. This will be the first distribution made since July 1,1931, at which time 40c. a share was paid. Montreal Divco-Twin Truck Co.—Initial dividend of 10c. stock, payable April 5. ^ par a stock, payable April 1 next. 13 REVIEW share and a both Viau Limited—Initial quarterly dividend of $1.25 a share was paid on the 5 % preferred stock of $100 par value on April 14 Water bury Farrell Foundry & Machine Co.—Dividend on the common stock increased from 25c. a share to 37He. a share and became payable on April 1. ■ „ Weinberger Drug Stores, Inc.—Dividend on the no par common stock increased from 30c. a share to 40c. a share, payable April 1. Assurance Co.—Semi-annual dividend of $1.20 a share on capital stock, payable April 1; this compares with semi-annual pay¬ in 19361 Western the ments of $1 a share made Western Grocer Co. (Iowa)—Dividend of 35c. a share on the common stock, payable April 10. This compares with 30c. paid on Dec. 10 last and 25c. on Aug. 20 and Jan. 20,1936, the latter being the initial payment on the issue. 7.77 .'.v.--:. 14 MONTHLY Western Pipe & Steel Corp.—Quarterly dividend on the $10 par common stock increased from 37 Mc. a share to 50c. a share and became payable plants, operations of the company were brought to a dead stop. The strike wave swept over the Hudson and Reo factories, too, and brought forced layoffs in Briggs and other factories as well. The abrupt decline in stock prices co¬ incided with the calling of the Chrysler strike. > The second stage of the decline in the stock market in March followed hard on the public statement made on March 15 by Marriner S. Eccles, Chairman of the Board of Governors of the Federal Reserve System, in which he, in effect, advocated more rather than less Government inter¬ vention in business as a means of heading off the rise in March 30. on West Michigan Steel Foundry Co.—Dividend on the common increased from 16J^c. a share to 20c. a share on March 29 last. stock West Virginia Pulp & Paper Co.—Dividend on the common stock in¬ creased from 10c. a share to 20c. a share and becomes payable on April 1. Wolverine paid on Natural the Gas common Corp.—Initial stock on dividend of lc. a share was March 5 last. Wolverine Tube Co.—Dividend of 20c. share on the $2 par common stock, payable April 1. An extra dividend of 10c. a share in addition to a dividend of like amount was paid on this issue on Dec. 21, 1936. ' a Youngstown Sheet & Tube Co.—Dividend of 75c. a REVIEW share on the com¬ mon stock, payable April 1. This will be the first dividend paid since July 1, 1931, when 50c. a share was distributed. Mr. Eccles said that the remedy for an unjustified prices was to be found "in vigorous Government intervention with all the powers at its command to deal directly with the causes that might endanger the progress prices. UNFAVORABLE rise CHANGES! Ax ton Fisher Tobacco Co.—No action taken on the first quarterly dividends of the company's class A and B common and preferred stocks. Regular quarterly payments of $1.50 on preferred, 80c. on class B were made on Dec. 31, 1936. A and on class of 40c. Coleman Lamp & Stove Co.—Dividend of 25c. Electric Household Utilities Corp.—Dividend normally disbursed in April will be omitted. Dividends of 25c. a share have been paid each quarter for some time; the last payment made was on Jan. 25 last. The stock has not been on a regular basis. Fiberloid Corp.—Dividend of 75c. a share on the no par common stock. Sayable April 1. This compares with $2.50 paid on Dec. 21, last, and 2 on July 1 and $1.50 on April 1, 1936. Hackensack Water Co.—Dividend of 50c. a share on the common stock, payable April 1, next. Previously semi-annual dividends of 75c. a share were paid on June 1 and Dec. 1. ' ^ Johnson, Stephens & Shinkle Shoe Co., St. Louis—Dividend 12Hc. a on the share, pay¬ - (F. & R.) Lazarus Co.—Dividend of 25c. stock, payable March 25. This and 30c. on Sept. 25, 1936. a share compares with on Plymouth County Electric Co.—Dividend of 65c. par, common share were stock was distributed paid on the 80c. paid no par common on Jan. 25, last, on the $25 March 31, last. Dividends of 80c. a 1936 and $1 on Sept. 30, 1936. on a share Dec. 26, Save rs & Scovill Co.—Dividend of 50c. a share on the common stock, $100 par, payable April 1. This compares with $1.50 on Oct. 1, last, and $1 on July 1 and April 1, 1936. South West Pennsylvania Pipe Lines—Dividend of 50c. a share on the common stock, payable April 1; this compares with $1 paid on Dec. 28 and Oct. 1, last. 'Mik'i . Stecher Traungr Lithograph Corp.'—Dividend of 50c. a share was paid March 31, on the no par common stock. This compares with $1 extra and a dividend of $1.50 paid on this issue on Dec. 31. last. • Taylor-Colquitt Co.—Dividend on the no par common stock decrease^ from $1 a share to 50c. a share and become payable on March 31, last. COURSE OF THE STOCK MARKET DURING MARCH, 1937 " The stock market started off in March as though it about to reassert the forward trend after indecisive wa t move¬ in ments January and February. But the rise in prices could not endure beyond the first week, and in the second and third weeks prices slid downward with a rapidity not frequently seen in the last few years. A greater degree of stability was attained in the concluding week of the month, but only a small part of the losses could be recovered. At the close of the month the index of 50 stocks New York "Times" compiled by the points. The 6.87, points under the month's showed a loss of 1.16 closing level, however, was high. Trading volume was almost identical with the February total, for it amounted to 50,346,280 shares, compared with 50,248,010 shares in February and compared with 51,016,548 shares in March, 1936. Price weakness in the stock market confined to the industrial issues, for railroad stocks, on was the average, were able to show a gain for the month. all of the industrials, however, lost ground. As in enduring recovery." The fears which Mr. openly voiced of a price inflation depressed the market, and the proposals he offered for curing the condition affected the stock market adversely. For it looked to Wall Street, already sorely worried over the President's Supreme Court proposal, as though the Administration was about to redouble its efforts to manage the nation's economy. In some directions the recovery in business was on the point of reaching boom proportions. Most especially was the steel industry enjoying active business. As March closed steel production, according to the American Iron & Steel Institute, was at 90.7%, the highest rate since August, 1929, when the rate was 95.3%. Because of the larger capacity now installed, however, output was at the average weekly rate of 1,187,900 tons, compared with a weekly average of 1,114,900 tons in August, 1929. On the basis of the quantity of steel produced, only in May, 1929, was the industry's output at a higher level than at the close of March, and the margin between the earlier year and the present was only 5,400 tons. * ■ * As to the fluctuations in individual stocks, United States Steel was at its lowest March 1 at 110% and at its highest March 11 at 126%, with the close March 31 at 121%. Steel preferred was at its highest March 10 at 149 and at its lowest March 20 at 144, with the close March 31 at 145%. American Tel. & Tel. dropped down from 180% March 2 to 168% March 22, with the close March 31 at 171%. Amer¬ ican Can moved up from 105% March 1 to 113 March 10, with the close March 31 at 108%. General Electric fell so bond Discount Corp. of N. Y.—Dividend on the common stock decreased from $3 a share to $1.50 a share, payable April 1. par common stock reduced from 25c. a share to able April 15. stable and a Eccles share on the no par common stock, payable April 15. This compares with 50c. paid on Dec. 21, last, Oct. 15, and April 15. 1936. a no in - down from 62% March 5 to 54% March 22, with the close March 31 at 58%. Allied Chemical & Dye rose from 233 March 1 to 258% March 9, with the close March 31 at 245. Westinghouse Elec. & Mfg. fell from 157% March 4 to 135% March 22, with the close March 31 at 143%. Consolidated Edison Co. of N» Y, was at its highest March 8 at 43% and at its lowest March 22 at 39%, with the close March 31 at 40%. In the railroad list, New York Central was at its lowest March 1 at 44% and at its highest March 17 at 55%, with the close March 31 at 51%. Delaware & Hudson rose from 48% March 31 March 1 145%. 1 March at to 52%. 148% to 58% March 17,. with Union Pacific moved up the close from 132 March 16, with the close March 31 at was at its lowest March 1 at 54% Southern Pacific and at its highest March 11 at 65%, with the close March 31 at 61%. Baltimore & Ohio rose from 27% March 1 to 40% March 17, with the close March 31 at 38%. Chesapeake & Ohio fell from 68%-March 3 to 57% March 27, with the close March 31 at 59%. Southern Railway was at its lowest February, ■ March 1 at 31% and at its highest March 17 at 43%, with the feature of the stock market was the the close March 31 at 41%. strength and per¬ sistence of the demand for steel Pronounced recessions in bond values were the rule the equities, with the next great¬ est favor shown for the oils, closely followed by the copper better part of March and were induced Not stocks. Virtually all of the other industrial stock groupings equipments sharply so. The utility shares sagged noticeably, though their output continued at the highest levels on record, and the motor stocks, still beset by labor difficulties, were lower. In the securities markets, the focal point of interest rather were lower—the railroad shifted in March from stocks to bonds. The long-awaited decline in Government securities got under way in earnest. The weakness became acute on March 12, and from then on to the end of the month the rallies lacked the severe vigor of the declines. Bond trading greatly expanded, with Government securities in the lead. Total turnover in bonds on the New York Stock Exchange amounted to $422,794,000 rise in material and finished goods prices might reach inflationary proportions. The talk of inflation, coupled with the increase in member bank reserve requirements on March 1 and a raw hardening of short term money market rates, would readily enough for the softness of bond prices. That stocks sought lower levels along with bonds was ex¬ plainable only on the ground that the epidemic of sit-down strikes over the country, and the Administration's attitude thereto, created considerable uneasiness in the minds of investors. In the midst of negotiations between Chrysler account executives and C. I. O. officials at Detroit strike on March 8, a suddenly called at the Chrysler plants and there¬ after, even though the sit-down strikers later evacuated the was United States government on at the close. Bonds of domestic corporations, Irrespective of grade, came within the scope of the market's weakness and suffered a setback of more than two points from their January highs, the best levels attained in many years. In the following table we show, as usual, the fluctuations for the month in the different issues of United States gov¬ ernment obligations, and a considerable number, likewise, of domestic corporate and foreign government 'bond prices: First Government Bonds value, an increase in the month of $137,335,000, for largest month's bond trading since January, 1936. Dealings in Government bonds totaled $125,133,000, the largest volume since September, 1934. The slump in stocks after the first week took place in the face of exceptionally good business statistics and of public confession at Washington of Administration fears that the par the by sharp declines obligations, which approxi¬ the average 3% points. Late in the month a mild market rally occurred, only to be canceled by further losses in mated Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Range During March, 1937 Sale Mar. 1 Last Sale Lowest Highest Mar. 31 4J^s 334s .1947-1952 119.19 114.26 Mar. 119 19 Mar. 114.30 .1943-1945 108.11 105.4 4s .1944-1954 114.9 § 110.16 Mar. 108 11 Mar. 114 10 Mar. 334 s 3%b 110.24 .1946-1956 112.29 108.24 Mar. 112 29 Mar. 108.24 .1943-1947 108.31 Mar. 105.6 105.28 Mar. 108 ,31 Mar. 3s .1951-1955 106.27 102.4 106 27 Mar. 3s 102.8 .1946-1948 107.6 103.12 Mar. 107 6 103.12 3%s.. 3%s.-. 334s 334s. 334s 334s 234s 234s 234s 234s 234s 234 s .1940-1943 105.16 Mar. 106 29 Mar. 105.20 Fed'l Farm Mtge 3s.., ... 105.28 107*29 105.27 Mar. .1946-1949 107.31 103.25 Mar. 107 ,29 Mar. 108 Mar. 103.26 103.24 Mar. 107 31 Mar. 103.24 105.26 105.27 1941 107*23 105.26 Mar. 107 .23 Mar. .1944-1946 108.11 105.1 Mar. 108 11 Mar. 108.5 -1955-1960 104.23 100.8 Mar. 104 ,28 Mar. 100.10 1945-1947 105.12 101.28 Mar. 105 15 Mar. 101.22 1948-1951 104.1 99.30 Mar. 104 1 Mar. 99.31 -1951-1954 103.14 99.12 Mar. 103 .14 Mar. 99.13 1956-1959 103.14 99.7 Mar. 103 14 Mar. .1949-1953 101.14 97.28 Mar. 101 ,14 Mar. 334s .1944-1964 105.23 102.0 Mar. 99.10 97.28 105 25 Mar. 102.9 1944-1949 105.2 101.13 Mar. 105 ,4 Mar. 101.13 .1942-1947 105.3 102.14 Mar. 105 .7 Mar. 102.14 103.31 100.23 Mar. 103 .31 Mar. 100.24 100.28 .1. .1942-1947 Home Owners' L'n 3s 234 s series B 234s series G Mar. .1941-1945 .1949-1952 3s 2348---. Mar. A 1952 104.21 100.26 Mar. 104 23 Mar. .1939-1949 102.18 99.24 Mar. 102 20 Mar. 99.24 -1941-1944 102.15 99.18 Mar. 102 .15 Mar. 99.21 ser MONTHLY 'REVIEW April, 1937] Bonds Price Price Allegheny Corp coll trust 5s. 1944 Amer & Foreign Power 6s 2030 Atch Top & S Fe gen 4s 1995 Baltimore & Ohio 1st gold 48.1948 Convertible 1960 4%s ser A-C.1967 Brooklyn Union Elev 5s 1950 -.1992 1947 Bost & Maine 1st 5s Ches & Ohio gen 4%s Chesapeake Corp 5s ioo% 84 4^s series A 1949 4%s series E—1977 Erie ret & lmpt 5s ol 1927—1967 Great Northern gen 4%s 1977 C C C & St L m iK 131 112% 8 87 Mar. 3 109 Mar. 2 118% Mar. 156 Mar. 8 30% Mar. 21% Mar. 91% Mar. 82% Mar. 35 99 46 52 Mar. Pennsylvania RR deb 4%s-_1970 103% 101% Mar. 98% Mar. 113% Mar. 98"" (94% Mar. Pitts C C & St L 5s ser A 1970 Warner Bros Pictures 6s 1939 Western Maryland 1st 4s 1952 103% Range Mar. Argentine ext'l 4%s .—1971 Australia 5s of 1925 ...1955 Mar. 5 Mar. 6 2 1 5 4 3 6 2... 1 94 Mar. 3 1 ppicp:? 1:P 64 Mar. 4___ Mar. 5— Mar. Mar. 6... Mar. 8... 1 Mar. 9... 1 3l"" Mar. 10— 1 1 103% 101% 115% 96% Mar. 11... 1 12... 1 102 Mar. 15— 1 1 Mar. 1 1 128% 90% Mar. Mar. 16 Mar. Mar. 2 106% Mar. 3 Mar. 1 Mar. 19 102 Mar. 11 111 Mar. 11 113 117 Mar. 24 121 ......1965 Queensland (State) ext 7s_—1941 1952 Zl Mar. 30 122% Mar. 6 125% Mar. 29% Mar. 27 33% Mar. 1 2 30 Mar. 1 24 101% Mar. 20 103% Mar. Mar. 110% Mar. 18 113 Mar. 72% Mar. 30 81 2 1937 Stock sales—Number of shares. Bond sales (par - 13,040,000 - $ value)— Domestic ............ Foreign Government - Foreign corporate—..—..— Jan. 1 to March 14,275,587 $ 48,410,000 1,039,000 1,044,000 74,814,000 50,493,000 77,756,000 1,705,000 1,237,000 , 3 54,765,737 $ Foreign Government Foreign corporate. - 4,020,000 4,583,000 - — 5,892,000 3,465,000 — 22— Mar. 23— 1 Mar. 24... PUP l l Mar. 25... Mar. 26... 1 1 Mar. 27— 1 l Mar. 28... Mar. 29— 1 1 Mar. 30— 1 1 i l Mar. 31— 1 1 i Saturday Sunday : 1934 6,398,750 % 88,629,000 1,621,000 95,717,000 985,000 2,702,000 3,220,000 1 2 4- Mar. 5 Mar. 6 Mar. 7 Mar. 8 Mar. 9 Mar. 10 Stock sales—Number of shares. - 50,346,280 . 51,016,540 Mar. 13 Mar. 14 Mar. 15 Mar. 16 on 6 Months Satur Sun - - - Satur „ Sun - .. . - 12,425,000 10,977,000 5,726,000 3,237,000 Mar. 20 — Satur Mar. 21 — Sun Mar. 22 - Mar. 24 Mar. 26 Mar. 27 . . . .. Satur . 1935 1934 Mar. 29 Sun Mar. 31 15.850,057 - . . $ $ 422,794,000 284,632,000 310,655,000 319,673,300 159,265,706 179,102,685 49,663,714 141,296,205 Bond sales (par value)— $ 1 $ Railroad and miscellaneous.... 763,453,000 933,889,000 501,496,000 776,752,000 State, municipal and foreign... 117,069,000 100,724,000 103,795,000 225,861,000 United States Government.... 170,418,000 96,737,000 256,166,000 142,548,700 1050940000 5 Months Mar. 19 Jan. 1 to March 31— Total bond sales Collateral 4 Months Mar. 18.. 23,818,566 $ 266,728,000 212,081,000 163,546,000 211,679,000 State, municipal and foreign— 30,933,000 30,789,000 33,898,000 60,728,500 United States Government 125,133,000 41,762,000 113,211,000 47,265,800 Stock sales—Number of shares Mixed 90 Days - - 91,235,000 101,639,000 60 Days . — Commercial paper continued in sharply increased supply Railroad and miscellaneous.. Total bond sales *$\C Vr y;'V,rV';: - Mar. 12 Mar. 30 Bond sales (par value)— 1 ■y 'V Mar. 28.. 1936 1 Saturday Sunday >;•' - Mar. 11 Mar. 25 1937 1 •PT.'P 1 .1 l 1 1 V - 3 Mar. 152,981,000 308,394,000 295,756,000 313,662,000 March , P - Mar. VOLUME OF BUSINESS ON THE STOCK EXCHANGE Month of 1 l Rates Mar. $ 1 30 Days 1 3,184,671 Sunday Saturday Sunday •, 1 market. Mar. 23 Total bond sales Mar. l f'n' DAILY RECORD OP TIME LOAN RATES 144,378,000 299,100,000 286,793,000 290,260,000 Domestic 21... on security collateral showed no change nominal rate of 1)4% for all maturities, although trading in securities remained at a fairly high level, and borrowers in anticipation of higher money rates, Mar. 9,780,017 Mar. Time loan rates Mar. 17 47,913,631 value)— 20— l from the previous 3 1935 fy. IP:'< Mar. 1 Saturday 16... 1 ::>] 1 p' iP\, ^P/1PP ■ 123% 31—•! Stock sales—Number of shares— Bond sales (par 1936 T- ;Y-i v iv; 1 112% VOLUME OF BUSINESS ON THE CURB EXCHANGE Month of March 18— continued to shift their demand accommodations to the time 4 27 Mar. Renewal High 1 19... 7— loan Mar. 23% Mar. 23 New South Wales (State) 5s. 1957 . 17— Mar. Mar. 14... 110% Mar. 24 99% Mar. 19 101% Mar. 3 108 Mar. l l Mar. 13... Closing 1937 Highest Mar. 15 100 98 ...1957 Belgium (Kingdom) 6%s 1949 Brisbane (City) 5s1957 Canada (Dominion) 5s. 1952 ■°«-ench Republic 7%s stpd._1941 External 7s stamped 1949 German (Rep) 7s stamped--.1949 German (Govt) Internat 5%s ext 6%s Mar. 1. l "' ■ 53 Lowest 1 Austrian (Govt) 7s. Rome (City) 1 73"" 95 March, High 1 Mar. Low Renewal Low Price 1 CALL LOAN RATES ON THE NEW YORK STOCK EXCHANGE 1... 6 Price Foreign Bonds stamped... for Mar. 24 on . Mar. 10 36% Mar. 107% Mar. 104% Mar. 117% Mar. 98% Mar. 103% Mar. 99% Mar. Opening Mar. 10 March j; ,\: 83 102% )? 86% 101% A 77% Mar. 23 135% Mar. 17 30% Mar. ZV/ 6 as.. Mar. 10 133 Mar. 107 % Mar. "lip 6 98% Mar.(l 71% Mar. 5 Mar. ...1997 3 JSH Mar. 111% Mar. 89% Mar. 94 8 88 129% Mar. 73 Mar. 24% Mar. 96% Mar. 106% Mar. 92% Mar. 63 76 .. Mar. 121% 85% Mar. 89% 101% 98% 69% New York Central conv 6s. .1944 90 113 102 and were $6,639,080,000 March 31. Treasury notes running from 1 to 5 years advanced from 1% to 1.29% and those on 273-day Treasury bills stiffened further to a new high of 0.71 %, compared with an average rate of 0.39% at the end of February. On the Stock Exchange the official rate for call loans remained unchanged at 1%. 279,000 Average rates 2 131 33 Vs Feb. 24 to $3,347,000 March 31, while total member bank declined from $6,705,293,000 Feb. 24 to $6,578,- reserves 31 Mar. 10 147 5s..l950 Northern Pacific 4s Mar. 121 Lehigh Valley (Pa) cons 4s. .2003 Liggett & Myers Tob 7s 1944 Mo Kan Tex cum adj 5s.—1967 N Y C & St L 4%s ser C 1978 N Y N H & H 1st ref 4%S—1967 N Y Ont & Western ref 4s...1992 77% Mar. 85 111% Mar. 1 106% Mar. 15 82% Mar. 10 Internat Pap 5s ser A & B...1947 Kan City Sou ret & lmpt 101 Mar. Mar. Mar. Mar. Mar. Mar. 106% 79% 88% 1963 HI Cent C St L & N O 5s 96% Mar. 107% 105% 78% 85% 107% 116% 111% Chic Mllw St P & Pac 5s A. .1975 Chic & N W Mar. Highest Lowest Mar. 1 ■ Closing Range for March, 1937 Opening Industrial and Railroad 1131350000 861,457,000 1145161700 representing borrowing operations by a growing and diver¬ sified number of business firms. Constituting the first change since May, 1934, rates advanced from % to 1% for the best names, and from 1 to 1^4% for lesser known names. Under date of March 17, the Federal Reserve Bank of New York announced that returns received from commercial dealers showed a total of $267,600,000 of open market commercial paper outstanding on Feb. 27, the largest amount since August, 1931 and comparing with $243,767,000 Jan. 31, paper and $175,558,000 at the end of February, 1936. THE MONEY MARKET DURING MARCH, 1937 RATES FOR MONEY AT NEW YORK Further stiffening of rates, both for long-term and shortWee i Ended— term obligations featured the money market during the past Continuing their decline at an accelerated pace, Treasury bonds reached price levels amounting to average yields of 2.56% on more than five-year maturities compared with 2.21% a month ago. Simultaneously, Treasury bill discount rates, commercial paper and bankers' acceptance rates all stiffened perceptibly, due to the rise in reserve requirements going into partial effect at the beginning of March. Excess bank reserves early in the month declined from $2,100,000,000 to a little over $1,300,000,000. A subsequent gain caused by a temporary excess of Treasury disbursement over receipts carried the position to $1,400,000,000. Gold shipments from abroad entered the country on a somewhat larger scale than during'the previous month. Total imports aggregated $101,100,000. Of this sum $76,600,000 came from England, $5,400,000 from Egypt and $4,200,000 from Canada, with part of the gold received from England proving to be of Russian origin. Including domestic newly mined and scrap gold, the monetary gold stock of the country showed an increase of about $140,000,000, while simultaneously the Treasury's inactive gold fund rose to month. sP-y M§|po#' PHP* $318,400,000. tions Mid-March Government confined to financing opera¬ exchange offering of $484,000,000 2M% 1949-53 bonds for 3% Treasury notes maturing April 15. In addition the Treasury on March 3 resumed were the an practice of issuing each week $50,000,000 more bills Discount holdings of the 12 Reserve banks declined from $7,339,000 March 3 to $4,334,000 March 17, but subsequently increased to $12,007,000 March 31. Bills bought in the open market rose slightly from $3,083,000 than matured. Mar. 6 Afar. 13 Call loans on Stock Exchange: 1@1 Range for week (mixed & Indus, coll.) coll.).. collateral): ; Thirty days. ..... . ........ ...—a . P Sixty days..;—.——..........Ninety days Four months Five months 1 % 1% 1% 1% 1% it U Slxmonths— Commercial 1@1 1 Week's aver, (mixed & Indus, Time loans (mixed & Indus, t paper: Double and single names: % Prime 4 to 6 months % tp; Good 4 to 6 months lyp i Trading in bankers' acceptances expanded considerably and was featured by two successive advances in rates which carried yields to the highest levels since March, 1934. Out¬ standing acceptances according to the monthly survey of the Acceptance Analysis Unit of the Federal Reserve Bank of New York published March 15 totaled $401,107,760, Feb. 27 as against $387,227,280 Jan. 30 and $376,804,849 Feb. 29, 1936. Import bills continued, to rise from $140,753,548 .Jan. 30 to $157,771,619 Feb. 27, export bills from $83,451,481 to $85,231,583, domestic warehouse credits from $68,020,206 to $68,350,521, while bills based on goods stored or shipped between foreign countries receded slightly from $77,281,314 to $77,232,927. Rates for bankers' acceptances were marked up on March 18 and again March 23. On March 31 the new quotations ranged as follows: lA% kid and 7-16% asked for 30-day bills, %% bid and 9-16% asked for 60-day and 90-day bills and %% bid and %% asked for 120-day . 10 MONTHLY REVIEW bills and %% bid and % % asked for bills running 150 and days. The New York Federal Reserve Bank in its "Monthly Review" discussed conditions in the market for bankers' acceptances as follows: 180 Bill advanced dealers March 18 and again their bankers' acceptances on the latter day the following quotations# for March 23, and on oh schedule of rates became effective and continued in force for of 30-day bills, about case the remainder The increases in rates for the month were 3-16% in the of the month. }4% for 3, 4, 5, and 6-month bills, and 6-16% The current offering rate of 9-16% for 90-day unindorsed for 60-day bills, acceptances compares with low of H% from October, 1934 to July, the 1936, and with a buying rate at the Federal Reserve Bank of New York of X% for 90-day indorsed bills, a rate which has been maintained without After the second increase in market rates, 1933. change since October, small amount of bills was sold a Reserve The Bank. higher by an acceptance rates for bills dealer to the New York accelerated the investment demand for acceptances and retarded the movement of bills into the market. The volume outstanding bills of increased $14,000,000 further February to $401,000,000, the highest level since April, 1935. ary increase increase the was sixth consecutive January in the decade. over monthly increase, during The Febru¬ and the first A rise in the amount of import bills did not deposit gold certificates with the Reserve the System's gold certificate holdings de¬ creased $2,984,000 in the five weeks. Treasury current ex¬ panded $10,000,000, while total tmoney in circulation rose $5,000,000. Federal Reserve credit in use decreased $2,000,000 in spite of the rise in membeYbank borrowings., Member bank reserves declined $66,000,000, contrasted with the $700,000,000 decline in surplus reserves. The feature of the reporting member bank weekly state¬ ments were the decline in their Government security holdings, on the one hand, and the fairly sharp increase in their com¬ mercial loans, on the other. The reporting New York City banks. banks of experienced direct banks PRIME BANKERS' ACCEPTANCES - v > 90 Days 60 Days 120 Days 150 Days 180 Days 30 Days AccepVces. Bid & Ask Bid & Ask Bid & Asi Bid & Ask Bid & Ask Bid & Ask S16-X 5»6 -X ■ mmmmm 3 '•"» 4 mm mm *i6~X S\e-H 516-K sI6-M ' mmmmm 6 T.'. mm mm*.'"-'" X^S X ®16 X-516 ' *UrX 8i<rM _ H-*w 6— 7\e~X x-x 7\s~X 1\G-X 7i6~X X-X X-X X-X x-x x-x X-X x-x 7UrX X-X x-x he~X 716~X 716~X X-X X-X x-x 7\*~X he-X X-X x-x x-x x-x x-x x-x Saturday 7 Sunday 8— 10 S16 -H ■ rn.mmmm.rn 12 H-Ste St6-X hr-X sK-X SI6~X 516~X •% 11 *\e-X * Ste-K *16-X ■mmmmm/ 9 S16-tf 13,— ; X-5^ x-x Saturday 14 Sunday 15 'mmmmm 16—•- ' 5,6-X %\G~X S16-X X~S)6 S16-^ X~5t6 516-M X—®16 716-8/S 7M~X H-716 X~7K • m 17 m m m: :'" mmmmm 18 19 mmmmm X-*16 22 ■mmmmm %-*16 23 mmmmm 24 mmmmm 20— 7M~X 716~X 7,6-X X-H H-5i6 25—, X~716 X~716 X~7,* H-716 / mmmmm r/ --m* 716-H X~9\* H~9\6 X~9\6 %-916 mm'm-;'?'': ■Sunday X~716 V X-916 x-3™ X~916 X~9\6 27 Saturday 28 Sunday 29— 30 X-X x-x x-x x-x x-x X-X X-X x-x ,H-X x-x X-X x-x X-X X-X X-X x-x x-x x-x X-X x-x x-x x-x x-x x-x x-x X-X X-X X-X x-x x-x Saturday 21 26—. . H-7I« -mm mm mmmmm £ X~7}6 - 31 RETURNS OF H-916 ; X~716 H~*16 %-916 THE ^"916 X 916 X 9t 6 FEDERAL The main factors statistics in March YORK x-x x-x x-x x-x ■if BANKS- CITY the increase in member bank March 31 the volume of reserve excess reserves had recovered to the The effect of the tax date operations was most clearly Treasury's deposit with the Reserve banks. This balance, which was $179,882,000 on Feb. 24, stood at $310,950,000 on March 31, representing an increase in the five-week period of $131,068,000. As for the "weakness in Government securities, this condition found reflection in the rise of $112,608,000 ill the Federal Reserve banks' holdings of Treasury bonds from Feb. 24 to March 31. In an effort to extend support to Treasury bonds, where the price trend was weakest, the Reserve banks let go of $94,528,000 of Treasury notes and $18,080,000 of Treasury dis¬ count bills bills into level of the and shifted the proceeds of the sale of notes and bonds. The result was that on March 31 the 12 Reserve banks had $636,890,000 of Treasury bonds, on April 1, 1936. com- pared with $265,687,000 The reduction of $700,000,000 in member bank excess accompanied by slightly greater resort of mem¬ ber banks to borrowings from the Reserve banks, as the" system's bills discounted increased $7,900,000 in the five weeks to a total of $12,007,000. When short term money market rates began to harden in the latter half of March and open market bankers bill rates were raised, the Federal Reserve banks added $264,000 to their holdings of bills bought in the open market. These were the first dollar acceptances which the Reserve banks had bought in more than two years, and their purchase was'made possible by the reserves was failure of the Reserve banks to raise their bill buying rate in consonance with the firmness of open market rates. Monetary gold increased $149,000,000 from Feb. 24 to Treasury, holding to its policy of seques¬ trating in the inactive gold fund additions to the gold stock, March 31, but the The aggregate of these loans on March 31, 1937 was $1,158,- 684,205, which compares with $1,074,832,139 on Feb. 27, 1937 and with $996,894,018 on March 31, 1936. COURSE OF; STERLING EXCHANGE DURING MARCH Sterling exchange was under pressure throughout March, as it had been during February. The underlying factors Trading was generally dull f Bankers were uncertain as to what position the United States authorities might take on the question of restricting * remain virtually unchanged. and hesitant for several reasons. ' This early in the month, and the feeling was widely the securities. phase of the market was almost entirely eliminated authorities would for some time, if at all. Washington adopt not held that restrictive . International bankers were fearful early in the month as $1,400,000,000 mark, making the net decline in the total in the five weeks ended March 31, $700,000,000. the $41,000,000 higher in New York City and $2,000,000 outside New York City in the five weeks ended March 31, making the net increase in the so-called brokers' loans $39,000,000. Street loans, as compiled by the New York Stock Exchange increased $83,852,066 during March. were lower measures influencing the trend of Federal Reserve were banks decreased $29,000,000 in the five weeks ended Mar. 24. New York City reporting bank loans to brokers and dealers ^ requirements as of the first day of the month, the tax date operations of the United States Treasury, the severe break in Government securities and the continuation, at an accele¬ rated pace, of the demand for commercial credit. On Feb. 24, excess reserves of member banks amounted to $2,100,000,000. The statement for March 3, following the increase of 16 2-3% in reserve requirements two days pre¬ viously, showed that excess reserves had declined $790,000,000 to a total of $1,310,000,000. The increase in reserve requirements accounted for approximately $750,000,000 of this reduction in surplus reserves, according to the Federal Reserve Board. Largely because of tax collections by the Treasury, excess reserves dropped to $1,270,000,000 as of March 24, a new low for more than three years; but as of in This decline in their credit was part by the $193,000,000 increase in their other Total loans and investments of all weekly reporting gold imports through the taxation of foreign held RESERVE BROKERS' LOANS IN NEW reflected Total loans and investments of the New York offset in loans. 1 ended five weeks the dropped $109,000,000 in the five weeks. Weekly re¬ porting banks in 101 cities had a decline of $411,000,000 in their direct Government security holdings in the five weeks from Feb. 17 to March 24. Mar. Secured by 2 securities in Continuing the spring rise, their other (or com¬ mercial) loans increased $108,000,000. But, while these banks were selling out their Government securities, they were adding $5,000,000 to their investment in Government guar¬ anteed issues and $33,000,000 to , their non-Government securities. V'/.T-'S' decline of $295,000,000 in their holdings March 31. outstanding to the highest figure since December, 1931 accounted for the Call Loans a Government contraseasonal advance in total bills outstanding. • any more In fact, to the probable course of the French franc, but were relieved March 5 the Blum government announced the when around adoption of more liberal policies respecting foreign exchange abolish¬ capital ex¬ free gold market in Paris, and offering movements, removing the restrictions on exchange, ing punitive measures previously imposed upon ports, establishing a defense loan for 10,500,000,000 a 4%%. of francs . with a coupon ' government's rearmament program calling for five-year period of not less than $7,500,000,000 caused bankers to wait until the end of the government's fiscal year, March 31, to learn whether or not the heavy government expenditure would bring an em¬ barrassing addition to the tax rate. Up to the close of the month the Chancellor of the Exchequer had disclosed no statistics on the budgetary program. With the approach of the Easter holidays markets became seasonally quiet, but new uneasiness developed throughout Europe during this season as to the possibility of war as a result of international discussions arising from the Spanish The British an expenditure over a civil war. , London and New York were also which were clearly tending upward by the force of business expansion, but Banking interests in exercised over the trend of money rates, which government authorities both here and in London in¬ sisted should be kept low heavy governmental the official in the interests Of expenditures made it business. The necessary from point of view that government borrowing sh'ould be effected at low rates. Twice during the month advanced in New bankers' acceptance rates were March 23 commercial paper rates in New York were increased from %% to 1% and 1%% on six-months' prime names. This was the first change in the New York commercial paper market since York, and on May 23, 1934. The London market found it inconvenient to change open The gilt-edge market in London, how¬ ever, continued to weaken as demand for business money market money rates. increased. This process had been going on in London since January, 1935, when British consols touched 94%. Toward the end of February of the current year consols dropped to a low of 74 and on March 25 at 76%. Half of this Britain's premier security has occurred closed recession in Great within the last three months. * . • The principal cause of the weakness in consols is without question the tremendous armament program on which Great Britain has recently embarked, which involves, as stated, a five-year building program aggregating not less than $7,500,000,000, of which about $2,000,000,000 will be raised by a defense loan and the remainder by taxation. It is estimated MONTHLY April, 1937] "Although the downward revaluation of the French franc by the London "Economist" that the total is equal to four times the cost of the Boer war or to the cost of carrying on at the end of England's share of the World War for one year. moderate movement of funds to Paris from foreign financial is disturbing to markets because respects—first, because it involves competition for materials between the government and busi¬ ness in an admittedly seller's market; secoim^ because it will mean budgetary unbalance to the extent thnt the ex¬ centers, this return movement apparently was halted about Naturally such a program it is inflationary in two the middle In trast to in the United confident dur¬ ing March as to the practicability of managed currency. Therefore, foreign exchange traders in all centers found conditions so uncertain that it was difficult to take definite technical positions in the market. The government jbond where credit extended to the French railways by the market ket at the end of January in the United also States Rapidly declined. in¬ and Switzerland, extending period of several months followed a lowering of the substantial of capital gold values of their currencies. /The pressure against the franc culminated on March 5, when it was reported that the proceeds of the £40,000,000 Following with movements return take investors out of low yield securities and into those closed at $0.0464% a London mar¬ had been largely utilized in sup¬ On that day the franc, which had March 4, dropped to a low of $0.0452. on meeting of the French Cabinet, a new program designed to end the critical fiscal and exchange situations frequently stated that This program included announced. was the establishment of provision for (1) holders of facilities by which French gold could dispose of their holdings at the world price and of its purpose for the reason that while easy money rates without may stimulate enterprise, they also promote inflation, with which they are incompatible. < , 1 Undoubtedly much of the pressure against sterling in Paris March change guarantee, stipulated in dollars and sterling and payable at prevailing rates in either French or Swiss francs, (3) curtailment of certain projected government expendi¬ raw the result of the high cost of was materials and of the simultaneous British plies. government and industrial Industrial users metals and other competition of the for needed users of raw materials in nearly sup¬ every country were inclined to order far in advance of actual re¬ The intensity quirements. of competition illustrated a Teasury order placing pig iron on the list of duty-free imports and reducing import duties on iron and steel products from 20% to 10%. The action was clearly prompted by anxiety over the possibility that a steel shortage might retard the British rearmament program which, together with similar programs in other European nations and industrial require¬ ments everywhere, was responsible for the heavy demand for iron, steel, lead, oil, cotton, tin, and other materials. March 2 when the British government on These demands resulted in was published excessive against pressure sterling, as London is the chief clearing center. Under nor¬ mal conditions sterling is firm with reference to the dollar during March. The approaching coronation and early start in tourist traffic could be expected to create a good demand for sterling, but these factors were offset by from other pressure It sources. was estimated that the coronation festivities would require expenditures approxi¬ mating £50,000,000. As during the past few years, British and other foreign funds continue to flow to the New York security markets, chiefly through London. Gold shipped from London to the ' offer in the London open market during March to £7,145,000, as compared with on amounted £7,827,000 in February. During the month the mean London check rate Paris ranged between 105.13 and on 107.46, the first figure, favoring Paris, having ruled on March 1, and the last price, favoring London, having ruled on March 6. During the greater part of the month the average rate was near 106.50. The London open market gold price ranged between 2%d. and 142s. 7%d. per ounce. The American 142s. price for gold (Federal Reserve Bank of New York) continued at $35 per ounce. London open market money rates were1 steady in March. Call money against bills was in supply at %%; two- and three-months' bills at 9/16%; four-months' bills at 19/32%, and six-months' bills at 21/32%. Sterling cable tra^rs^on March 1 sold at $4.88% @$4.89, $4.88%@$4.89%. The low for $4.87%, low for the year, reached was $4.89% on March 31. and on March 31 sterling in March was on March 5, and the high In Mean London . Check Rate '/ 1 Mar. Mean .Open Marled1 Check Rate 142a. 2 105.14 142s. Mar, Mar, Mar, 3...,* 105.14 105.14 142s. 142s. 5— 107.12 142s. Mar. 6 107.46 142s. Mar. 7—. Mar. 8 Mar. 9 4d. Mar. 18. 106.51 4d. Mar. 19. 106.47 142s. 142s. 4d. Mar. 20- 106.40 142s. 6Md. 7 Mar. 21. Mar. 22. sun DAY 106.37 142s. 107.03 142s. 106.37 142s. 7d. Mar. 24. 106.36 142s. 4^d. 4^d. 3>£d. 106.36 142s. 4d. 142s. 6Kd. Mar. 25. 106.86 142s. 142s. Mar. 27. 106.47 142s. 2Hd. 4^d. 5^d. Mar. 26. 106.70 106.44 142s. 4^d. Mar. 29. Mar. 15 Mar. 10.—. sun DAY 106.40 142s. 3d. 106.39 4d. . . 142s. 4^d. 4J^d. Mar. 23. 107.05 Mar. 14— Gold Price 142s. Mar. 10-— Mar. 13.— Open Market 106.54 Mar. 11.— ■■■.'* Mar. 12 Paris ' Mar. 17. 3Hd. 2^d. 2^d. sun DAY n on London :-■■■ committee of experts to a In Mar. 28. HOLI DAY 106.35 HOLIDAY sun DAY HOLI DAY Mar. 30. 106.34 142s. 3d. Mar. 31. 106.33 142s. 2^d. about to the $0.0459%, where it French the franc- authorities seems to been held have through purchases of by sterling and dollars against sales of francs. "Apart from slight reaction during the period of most against French exchange, the pound-dollar rate was generally steady during March in the neighborhood of $4.88%. The guilder also weakened moderately during the early part of March but recovered thereafter. On the severe other hand, firm a pressure both the belga and the Swiss franc showed a tendency during the first few days of the month, but both currencies subsequently reacted moderately and showed little net change for March as a whole." Changes in the gold holdings of the Bank of England during March were as follows: For the week ended March 3 March 10 increase of £182,917; for the week ended £57,494; for the week ended March 17 an increase of £42,638; for the week ended March 24 an increase of £2,070, and for the week ended March 31 an increase of £26,821. The Bank's gold holdings an an increase at record high reached on Dec. of March 31. In 1936 the record high 16, at £314,339,926. The Bank's gold holdings on March 31 stood at £314,645,760, which compares with £201,634,366 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 in September, 1931. < * ' Details of the gold movement to and from the Port of New York "Monthly on during March Review" of outlined were the Federal as follows in Reserve Bank of ' V the New York for April 1: gold into the United States continued dur¬ ing March in somewhat larger volume than in the previous month. Imports affecting the monetary gold stock totaled $101,100,000, of which $76,600,000 from England, $5,400,000 from Egypt, $4,200,000 from Canada, $3,700,000 from India, $1,200,000 from Bolivia, $1,100,000 from Belgium, and $700,000 from Australia were received at New York, and $5,700,000 from Japan, $2,100,000 from Australia, and "The inflow of $300,000 from China arrived the gold on the West Coast. received from England'proved Part of to be of Russian origin. "These imports, supplemented by receipts from other including domestic newly-mined ag$ scrap gold, and by the release of approximately $200,000 from foreign ac¬ earinarkings, resulted in an increase of about $140,- count 000,000 in the monetary gold stock of this country during the mbnth. The Treasury's daily statement' of March 27 shows $318,400,000 of 'inactive gold' held in the general Canadian count of exchange during March ranged between a premium of 5/32%. CONTINENTAL The marked ary a dis¬ 1/32% and French AND financial OTHER and improvement in March. FOREIGN monetary EXCHANGE situation showed Toward the end of Febru¬ Premier Blum emphatically indicated that his govern¬ ment would adopt more liberal policies on monetary affairs along lines acceptable to the more conservative business and investing interests. He asserted that France would not establish foreign exchange control for the sole reason that commenting on the foreign exchange situation during March, the Federal Reserve Bank of New York said in its the government did not wish to displease thd United States and Great Britain. Such a course, he pointed out, would be "Monthly Review" for April 1: destructive of the tripartite agreements of last September. ;«§¥ gradually from its low of $0.0452 on March 5 rose fund." 105.13 - London Gold Price Paris on : . Mar. London the flotation in the carrying an ex¬ loan the return movements of funds, response to dollar rate sources, LONDON CHECK RATE ON PARIS AND PRICE OP GOLD IN LONDON (2) defense "The announcement of this program and the French gov¬ success in marketing the new defense loan brought about a reversal of the direction of the movement of capital. was Gold national a ernment's were February. of administer the stabilization fund. making approximately disclosing their identity, market tures, and (4) the appointment of United States during March amounted to about $63,500,000, $313,500,000 of gold shipped from London to New York since early in 1936. On March, 5 ster¬ ling exchange sold down to $4.87% for cable transfers, pre¬ viously touched as the year's low a few days earlier, in - developments in France were in con¬ experience of both Holland porting French exchange. Bankers in London and New York ;'v over a this respect the creased commodity prices, rising production costs, and the possibility of still further increases in taxes all tended to the attempt to maintain money rates artificially after busi¬ ness had begun to expand rapidly is almost certain to fail r'' was ties. speculative possibilities. : of franc chequer finds is necessary to borrow and increased taxes in so far as the rest of the program is concerned. C ; The disposition of the banking world both States and in London was clearly much less ' September, 1936, was followed for a time by a 1 October, and during succeeding months the under persistent pressure, the stability of exchange rates being maintained only through support¬ ing operations undertaken by the French exchange authori¬ French _ ,.'k 17 REVIEW J# > MONTHLY 18 Parliament and citizenry which make such heavy de¬ the French Treasury were to be halted for the to the French it clear He made that the socialization measures of mands present and that excessive expenditures for those purposes were not to be resumed until Franch business made further recovery. . 5 March On the Blum government introduced measures domestic gold trading and to float a new defense loan. These measures were passed by the Senate on March 10. The amount of the loan was fixed at 10,500,000,000 francs (labout $479,850,000). The loan was for a period of 60 years and had a coupon of intended the ban on lift to 4%%, payable as to both principal and interest in francs, sterling, or dollars at the option of the holders. The govern¬ ment reserved the right to call the loan in whole or in part Promptly on the passage of the loan bill, the 1942. after of Bank France began to quote daily price for buying a It started with a price of around 24,336 francs per kilo, which varied from day to day depending upon the sterling-franc rate and the price of gold in London. The first instalment of the loan, amounting to 5,000,000 francs, was oversubscribed by more than 3,000,000,000 francs almost before the books were officially opened. The second instal¬ ment of the loan, which was announced toward the end of March, was oversubscribed by from 10% to 15%... Serious riots took place in Olichy, an industrial suburb of Paris, on March 16. The situation was adroitly handled by M. Blum, and a few days later his government received a vote of confidence. The French authorities had hoped that gold. by the removal of restrictions on exchange and the estab¬ loan would induce a return flow of French funds and gold held abroad. There was undoubtedly some return of hoarded money from other centers, but for the most part the loan appeared to have been subscribed to by French citizens through the with¬ drawal of deposits from banks, the post office, and savings lishment of free gold market, the new defense a institutions. There was not much evidence offered over the March 11, but could be ascertained the aggregate amount offered A steady stream of gold was abroad. or of dehoarding either at home beginning counter to the Bank of France far as so not was large, to the on of the government. disappointment London observers noted that there was a cessation of hoard¬ ing demand for British bank notes, and that there was a On whole, however, enough French funds moved abroad to slight return of these notes to the Bank of England. the offset these favorable influences Much of the funds went The Spanish situation became disquieting toward Easter, and this factor had the effect of further disturbing the con¬ which had M. policy. The Bank of France continued to carry its gold holdings at 57,358,742,140 francs. The exact gold position of France cannot, however, be stated previously been revived through Blum's reversal of accurately as France has not published statistics on any imports and exports of gold since the franc was devalued last September. Paris cable transfers sold at 4.65@4.65 3/16 on March 31 at 4.59% @4.60%. The German mark situation continued unchanged during on March 1 and March. Feb. 20 amounted to 3,959,000,000 lire, as com¬ on reserves with 3,027,200,000 lire as of Dec. 31, 1935. It is believed that the present gold stock of the Bank of Italy has been revalued in conformity with the devaluation of the lira on Oct. 5 and that the resulting profit has gone to the Italian Treasury in accordance with the terms of a pared royal @5.26%. ' the countries /i-.y , ..V ... neutral during the war was steady throughout March, moving in close sympathy with sterling. On March 8 the Bank of The Netherlands raised its buying price for gold to 2,017 guilders per kilo. The central bank, acting through bullion brokers, posts a price daily at which it is prepared to purchase the metal from private holders. The price changes in accordance with de¬ velopments in the exchange and gold markets. There was a steady inflow of capital and unabated buying of guilders in foreign centers, so that the guilder was exceptionally firm throughout the month despite the fact that Amsterdam in¬ Exchange on markets. Money in was York security and New active in the London terests were in Amsterdam abundance great and the private discount rate sometimes %%. Guilder cable transfers sold on March 1 at 54.73%@54.76, and on March 31 at 54.75@54.76. Cable transfers on Sweden were 25.20% @25.21% on March 1 and during March, moved below , 25.21@25,24 on March 31. Exchange on the South American countries displayed a most satisfactory tone throughout March. All these coun¬ tries were enjoying prosperity because of the favorable con¬ dition of their export trade, with more than ordinarily good demand and higher prices. With the upswing in exports their imports also increased. The official quotation for exchange on Buenos Aires ranged between 32.51 and 32.62 during March. The free market and 30.20.' The official rate 8.70 8.75. and The Exchange on the month, March ment range unofficial market milreis in 5:;rv::;V'v the Far Eastern countries steady during was sympathy with sterling. On 8 the Japanese authorities announced the first ship¬ of gold to New York, a movement which may ulti¬ of date the announcement total a of $5,678,000 On was shipped, the first shipment of Japanese gold to New York since 1933. The yen continued be attached to to rate of Is. 2d. per yen. Toward the end of March Japanese Deputy Minister of Finance stated at* a com¬ mittee meeting of the Diet that the Japanese government had no intention of increasing the price of gold or of de¬ valuing the yen at present He said that the government at the will stabilize the yen at the devalued level at a Suture date when the foreign currencies are stabilized. The London price of silver March 1 was 20 3/16d., and on March 31 Hongkong dollar was 30.38@30% on March 1 and 30.38@30% on March 31. The Shanghai dollar was 29.58@29 15/16 on March 1 and 29.69@30 1/16 on 20 15/16d. March 31. at on The Yen checks sold at 28.51@28.53 on March 1 and 28.49@28.54 March 31. on $££Sq$q$q York American Securities and listing of holders government had of an a OOOOOCNNN 000000000000 ■«*' German securities or the that "secret" debt /marks, and for the fourth quarter an The Bank's compared Dec. 31, 1932. "A a Tfi ^ Ttl r-T ■*' ■tf' T* m rji ^ »s\ A A A A ws A NNNNNh* 00 00 00 00 00 00 ^ ^ ^ ""BC "^c o o e a e a Tfi 8B8SB8 e e a NNNSCOfO co co CO CO t- b00 00 00 00 00 00 00 00 00 •>*' ■*' S i-r-co co co oo oo oo oo oo oo 00 00 00 00 00 00 TjJ Tfi TjJ Tti rjl ^ Tf Tt< Tt< ^ •<*< Tjl Tjt ■*< .as**::- £ * OOMOONNb.^NNNl>.NN^Nt"t»NNNAt*h.Nt.NN^NOOOO oqoooqoqoooo^oqoqoqoqoqoo^joqoqoqoqoqoq^oqoqocoooqoo^joooooo **< ^^^ Tjl Q -f' ^ Tfl TJC B«B8BCiHcsc38 0 Tt< Q r(I TfJ eoHe rji Q ^^ Q t»Nt.N<OCOcntONSNNN«]NNt»NNNnriNNNNNNff)SSN oqoooqoqoqoo^oooooqoqoqoq^oqoqoqoqoqoq^oooooqoooqoo^oooqoo ^ ^ •8* ^ T>< Tfl' fji Tji yji Tjj y# ^ TtJ TjJ Dec. 31, 1932. ratio with Tji rji -«i NNNNSN aSJRX The Reichsbank's total gold and bullion on March 31 on 00 00 00 00 00 00 00 00 00 e about increase of 154,000 earlier and with 806,785,000 marks K. 00 00 000000000000 Tji 00 00 00 00 00 00 "A e a <3 e X X SNNNNS oq 00 oq oo oo oo NNNNNN ^ Tjl Tt<' ■*' Tf' t}c •*' ■*! CO CO '•*** stood at 67,640,000 marks as compared with 71,792,000 marks year nji t»c TjJ ^ XXXXXX NSNSNN 000000000000 •<* ***** German of ^ 00 00 00 00 00 00 Ti< $2,000,000,000. The Reichsbank's statement for the last quarter of February showed an increase in gold and bullion of 46,000 marks, for the first quarter of March an increase of 152,000 marks, for the second quarter an increase of 137,000 marks, for the third quarter an increase of 69,000 marks. TjJ <*' Exchange Commission, German issue of bonds, informed unrecorded •*' XXXXzz However, essential factors for impartial in¬ terpretation of the Reich's economic and monetary affairs were, as usual, lacking. This may be judged from the fact New SoSoSqSoSS Tjj T|< ^ •<* tory condition. that the at the end of March stood at 1.50% as 1.80% a year earlier and with 25.8% on On March 1 the so-called free or gold mark oooooooot>t- 00 00 00 00 00 000000000000 oooqoqoqoooo oooooooooooq oooqoqoooqoo <cjJ rH 00 00 00 00 00 00 "cjJ oooooo ^^ ^ UJ quoted at 40.22% @40.23%, and on March 31 at 40.22@40.23. The Belgian currency was steady throughout the month, 00 00 Ol oq oo oo oo oo oo ^ <0 U> u) <^} was with future^ belgas generally quoted flat slight premium, and only rarely at a The statement of the National Bank of showed abroad total gold stock of TjJ TjJ and on lire were £ or sometimes at a ber, 1935. In Italian the a CS 000005 oooooooooooq Tti Tjl TJ! Tj! oDoqoqoqoqoo oooooo rjJ e C3 C3 C3 e (3 TjJ TjJ <3<3«30e<3 00 05 00 00N.t^ 00 00 00 00 00 00 00 00 00 00 00 Tji A •f* XXX oq 00 00 00 00 ^ C3 B3 r(i Tjj OOOOOO Avoo CD I I I I I I c^oToT I I oooooo .-\ao\oo\oo CO 00 00 00 00 00 00 oooooooooooq 00 00 00 00 00 00 Mc' rjc TJI" ^ rfi tJC tt C3 O C3 <3 <3 CO 10 J2 A\in" CN oc CO oc ID h. CD oc CO r. I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I 2 oooooooooooq Tji ^ I I I I I I I I Tj! yji «*' BBB 2 oT-^5 oooooo oooooo Tjj rt TjC CO n" 00 00 OS 00 00 00 CDs® P9\W\rt\«V 00 00 00 00 00 00 y& till I I I I I I III* III I Tji TJC BBBB 2 ft) 00 00 00 00 00 00 I Ttl BB CD in 00 00 00 00 00 00 00 00 00 00 00 OOOOOOOOOOOQ I vao 0.-=; x=\.o\.o\0r 00 00 00 00 00 00 I oooooo T}i Tjl rfi CO Tf -rfl I ^5 fA oooooooooooq 00 00 00 00 00 ^ I TJ< CJOC3 vno rji T}J iji rfi CD CO TjJ 00 00 00 00 00 00 held lo oooooooooooq v® *A 00?-P. x> CO Tti -C)! Tjl T}< BB8B38 C3 a e C3 2 2 2 x> vo 2 2 m m"or" m March 1 at 16.84%@16.85%, CO J2 oo 050500 oo roo 10 OOOOOOOOOOOQ Tfi rfi Tjl r}I TjJ CD March 18 3,654,100,000 belgas, balances <O rT*fC"oT*en" if on statement to the Fascist Grand Council in Finance Minister announced that gold 13 000000000000 s oooooooooooq steady during March through the operation of the Italian exchange control. On March 3 the Bank of Italy made its first public statement since Decem¬ Rome Tjj -<jj <3 C3 CS 00 00 00 00 00 00 X) March 31 at 16.83% @16.84%. Italian Tj< O C3 C3 C3 CS CJ e 1,367,100,000 belgas, ratio of gold to notes of 82.73%. and ratio of gold to total liabilities of 68.93%. on oooooooooooq Tji Tt< 10 of Belga cable transfers sold 00 00 00 00 00 00 00 00 00 00 00 00 CROiOOOOOOO fractional discount. Belgium i'r', sterling The Reich authorities imposed many new restric¬ in granting the , ranged mately result in the transfer of about 200,000,000 yen. the •" between 30.00 was V 1 moving in close •V-V:. Rio de Janeiro was between on between 6.05 and 6.20. tions on trading, industry and agriculture. Business news emanating from Berlin continued to be optimistic in tone, apparently intended to convey the impression that German business of every description was in progressively satisfac¬ a Cable transfers on Rome sold and on March 31 at 5.26% 4. decree dated Jan. March 31 at 5.26%@5.26%, on the through London to New York in the form of gold. fidence REVIEW I I I I I i-INCO'^»OCOt-OOOJOTH(MM^»OCOt-OOOSO'He<ICO'!tliOCDt-OOOSO'H rHrHrHr^i-lTHrHrHlHrHC<l<N<N<NlN<N<N<Nei(NCOOO For daily rates of exchange on see pages 53 and 56. Continental and Other Centres, v. >:'V If r • •, /•; ■> 'V1 ;,v, i . '1: ' - '' New York Stock J «•■' '• ' /,{' V >n • | • v>; '''/'■ •'3 H."( SIS-:? MONTHLY AND YEARLY RECORD '7>v.-7' RANGE #<wd Sales ' March Jan. 1 to March 31 OF BOND PRICES DURING 1937 1936 $422,794,000 1,050,940,000 $284,632,000 1,131,350,000 MARCH ^Vv/'y Stock Sales; 1937 Shares. 1937 50,346,280 Jan. 1 to March 31Ji ^1- 159,265,706 ■ March 1936 51,016,548 179,102,685 NOTICE—Cash and deferred delivery sales are disregarded la 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. The tables on pages Feb., 1937. and the 18 to 40 furnish range since Jan. 1. complete record of the transactions on the New York Stock Exchange during They need no extended introduction, as they are self-explanatory. The tables a embrace every security dealt in on the Exchange. 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 . are at a price to which accrued interest 1909, all quotations for interest-paying bonds The exceptions to the rule are income bonds and bonds on which must be added. interest is in default. sent one or more This method of quoting bonds became effective Jan. 2, 1909. 32ds of a point. ; Sales in March N. T. STOCK Quotations after decimal point PRICES IN MARCH BONDS Value Jan. 2 March 1 March 31 Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices 1937 Bid U S GOVERNMENT BONDS ' Bid 2.043,000 Treasury 4H« Oct 15 1947-1952 46,000 Registered......... 2,621,000 Treasury 3Hi Oct 15 1943-1945 22,000 Registered.............— 2,104,000 Treasury 4s Dec 15 1944-1954 10,000 Registered ..... ... A O A O A O J J J D D ..Mar 15 1946-1956 M 8 Registered................... M S .694,000 Treasury 3Hi.....Juse 151943-1947 J D Registered................... 5,319,666 Treasury 3s J Ask Ask 121.13 121.23 119.19 Sale 114.30 Sale 109.25 Sale 108.11 Sale 10576" 115.20 Sale 114.9 Sale 110.24 Sale 114.7 Sale D 1,147,000 Treasury 3H* Ask Bid 114:710 Sale" 114.26 Mar. 119.19 114.26 Mar. Jan. 4 115 Mar. 118.16 Mar. 10 115 Mar. 120.15 Jan. 23 105.4 Mar. 108.11 Mar. 105.4 Mar. 109.26 Jan. 2,000 D Mar. 108 Mar. 105.13 Mar. 108 Mar. 3 Mar, 114.10 Mar. 110.16 Mar. 115.20 Jan. 2 Mar, 114.7 Mar. 110.28 Mar. 114.8 Jan. 26 112.29 Sale i6§724 Sa'le" 108.24 Mar, 112.29 Mar. 105.28 Sale 105.28 Mar. 31 108.31 Mar. 1 106.18 Sale i6e72~7 Sale" 10278" 102.4 Mar. 31 106.27 Mar. 1 107.27 108.6 107.6 107.28 Sale 106730 107*" Sale 103.12 Sale 103.12 104.2 105720 Saie" Registered................... 1,314,000 Treasury 3H« Mar 15 1941-1943 Registered....... 2,723",000 Treasury 3 His June 151946-1949 4,000 Registered.....— 4,205,000 Treasury 3 Hs.......Dec 15 1949-1952 Registered. 823*.000 Treasury 3Ha Aug 1 1941 Registered I6s"23 Saie" 108.25 109.2 107729 Sale" 105727 Sale" 107.31 Sale 103.26 Sale 108.21 Sale Mar. 22 107.6 108.24 Mar. Mar. 17 104.2 1 Mar. 17 Mar. 114.9 Jan. 5 112.30 Feb. 113.21 Jan. 14 105.28 Mar. 110.18 Jan. 2 109.3 Feb. 102.4 Mar. 106.28 Jan. 9 106.15 Jan. 106.23 Jan. 11 103.12 Mar. 107.30 Jan. 4 104.2 109.6 Mar. Feb. 104.2 10 Mar. 17 105.16 Mar. 17 106.29 Mar. 2 105.16 Mar. 107.27 Jan. 4 105.20 Mar. 23 106.12 Mar. 10 105.20 Mar. 107.18 Jan. 5 105.27 Mar. 31 107.29 Mar. 105.27 Mar. 108.24 Jan. 108 Feb. 108 Feb. 1 1 5 103.25 Mar. 23 108 Mar. 1 103.25 Mar. 108.24 Jan. 4 103.24 Mar. 23 104.13 Mar. 24 103.24 Mar. 108.21 Jan. 2 Mar. 8 108.12 108.18 107729 166724 Sale" 103.24 Mar. 31 102.31 108722 Sale" 107723 Sale*' 105726 Sale" 105726 Mar 109.25 Sale 108.11 Sale 105.5 105.1 Mar. 31 108.11 104722 Sale" 104723 Sale" io67l"o Sale" 108.5 2 105.13 108.31 Sale Sale" 121.14 110.28 D Sept 15 1951-1955 M S Treasury 3s.......June 15 1946-1948 J 3,000 Registered 1,316,000 Treasury 3H ...June 15 1949-43 1 110.16 Registered.... 3,957", 000 Mar. 110.17 Sale 114.20 repre¬ RANGE SINCE JAN. 1 Price EXCHANGE 6 103.24 Mar. 108.18 Jan. 7 31 107723 Mar.""I 105.26 Mar.31 108.24 Jan. ............ ........ svi ■■X'■■■i'" 2,687,000 Treasury 3K*-—Apr 151944-1946 4,000 Registered........ 12,208,000 Treasury 2Hs Mar 15 1955-1960 M •'\M- •-<, Sale .... 38,000 8 Registered.............. 104.16 Sale 3,720,000 Treasury 2H« .Sept 15 1945-1947 M S 6,000 Registered............. 12,283,000 Treasury 2H« Sept 15 1948-1951 M S 106.15 Sale Registered............... 14,589,666 Treasury 2*$ • ...1951-1954 J Registered............ 10.971",000 Treasury 2H« 22,708*,000 Treasury 2 H* D Sept 15 1956-1959 M S Registered............... 1949-1953 J D 104.22 Sale 101722 Side" 105.12 Sale 105.8 Sale 104711104120 104.1 Sale 103711 103.16 103714 Sale 10371 Sale" "103714 Sale" ~997lO Sale" ... "9973*1 Saie" " ~997l3 Sale" I6l7l5 Sale" 161714 Sale" "97728 Sale" 105.30 Sale 105.23 Sale 102.9 105717 Sale" 10572" Federal Farm Mortgage 427,000 Corp— 3*$s —Mar 15 1944-1964 MS Registered.....—.—......... 3s May 15 1944-1949 MN ' 3,252",000 9,000 Registered................... 995,000 3s 635",000 Registered... 2Hs Jan 15 1942-1947 Mar. 1 105.1 Mar. 109.25 105.19 Mar. 17 108 Mar. 3 105.19 Mar. 109.1 100,8 Mar. 31 104.28 Mar. 1 100.8 Mar. 104.30 101 7 Mar. 27 104.22 Mar. 101.22 Mar. 31 105.15 Mar. 1 101.22 Mar. 106,16 102.10 Mar. 24 105.8 Mar. 1 102.10 Mar. 105.24 99.30 Mar. 31 104.1 Mar. 1 99.30 Mar. 104.16 99.12 Mar. 31 103714 Mar.""I 99.12 Mar.31 103717 Fe"b~.~25 J~"j 10572-1 Sale" 10573" Sale" I6i7l3 Sale" Sale" 102714 Sale" 97728 Mar."§I I6I7l4 Mar.""I 1.759.666 Home Owners Mtge Corp— 3s Series A— May 11944-1952 MN F" A 9977" Mar."31 Mar. 31 105.25 Mar. I6l7l3 Mar.31 105.4 Mar. 104.15 Mar. 10 104.15 Mar. 102.14 Mar.31 105.7 Mar. 8 1942-1944 103.18 Feb. 26 102.9 Mar.31 106.10 101.13 Mar.31 104.15 Mar. 10 105.10 Mar. 31 105.23 Feb. 16 105.1 Jan. 105.1 100.23 102.14 8 Jan. 22 105717" Jan7""2 15 Jan. 2 Feb. 16 Mar.31 104.10 Jan. 4 100.26 Mar. 31 105.3 Jan. 4 104.10 Mar. Jan. 13 103.31 Sale 100.24 Sale 166723 Mar. 31 103.31 105 104.21 Sale 100.28 Sale 100.26 Mar. 31 104.23 Mar. 104.10 Mar. 5 104.10 Mar. 99.24 Mar. 31 102.20 Mar. 99.24 Mar. 31 103.2 Jan. 2 99.18 Mar. 30 102.15 Mar. 99.18 Mar. 30 102.31 Jan. 4 Feb. Feb. Mar. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Mar. Feb. 15 15 4 Sale 10372" Sale" 102718 Sale" 103.4 162715 Sale" 99724 Sale Mar. "v'i:.; 1 v .......... 2Ha series G 104.22 105.20 105.23 .......... Aug 1 1939-1949 Mar. 97728 Mar"31 161722" Feb." ... Mar 1 1942-1947 MS - Registered 2H* Series B Registered 101.7 '<■ 102.9 ■ 5,248,000 2,000 5,985,000 1 "9977" Mar."31 103714 Mar.""i ■:jy Sale j~"i 10372" "99721 Sale" 1 5 104.22 FOREIGN GOVT. & MUNICIPALS Agricultural Mtge Bank (Colombia)— 42,000 56,000 89,000 ♦S f 6s Feb 1935 coupon on ♦S f 6s Apr 15 1935 coupon on \kerahus (Dept) extl 5s 1947 F A 20*$ 1948 A O 21 1963 M N 33.000 •Antloaula (Dept of) Col 7s A... 1945 31,000 ♦External s f 7s ser B 1945 25,000 ♦Extsrnal s f 7s ser C........ 1945 ♦External s f 7s se» D__ 37,000 1945 ♦7s 1st series ... ♦7s 2d series 204.000 245,000 367,000 95,000 123,000 246.000 207.000 108.000 101.000 496,000 1 s s f 5 Hs Sinking fubd external 4*$® For footnotes see page 30. 15 1957 A O 16 Sale D 1960 M N 1960 M S Extl s 1 6s (Sanitary Works) 1961 F A Public Works ext s f g 6s..May 1961 MN Public Works ext 13*1 19 Sale 20 Sale f 6s ssr B ......1958 J Extl s f 6s of May 1926 External ■ f 6s (State Ry) Sale J Argentine Nation (Govt of)— Sinking fund 6s of June 1925 1959 J D Extl s i g 6s of Oct 1925 ...1959 A O Sinking fund gold 6s ser A 1957 M S External 1st Sale Sale 17* J 1962 F A 1971 MN Sale 16 98 102 98*$ Mar. 23 100 15 Mar. 12 16*$ 14*$ Mar. 12 16*$ 14*$ Mar. 30 17 16*$ 15*$ 15*$ J J AO 25 Sale Sale J ♦7s 3d series.......... 41,000 .....1957 A O 93,000 Antwerp (City) extl loan 5a 1958 25 Sale 16 J 134,000 Argentine Govt public works 6a-I960 Sale Sale J .1957 A O 25 *$ 27 V8 25Hi 27H 99*$ Sale J .... 75,000 53,000 !8* 8* 22 Sale 99 Sale 13*$ 13*1 17* 15*$ Sale 100*| Sale Sale 16*$ Sale Mar. 31 Mar. 31 14*$ Mar. 22 12*$ Mar. 30 102*| Sale 101 Sale Sale 102 101 h Sale Sale 102 Sale Sale 101' 102*$ Sale Sale Sale Sale Sale 101 Sale Sale 102*$ H)2*$ Sale Sale 100*$ Mar. 101*$ Mar. 1012132Mar. 100*$ Mar. 101*$ Mar. 101: Sale Sale 101*$ Mar. Sale Sale 102 Sale Sale 102: 102 H Sale Sale 102; Sale 101*$ 99 *$ Sale Sale 102 Sale 101*$ 101*$ 101*$ 97*$ 102 i 27 Mar. 4 27 Mar. Mar. Mar. 4 165$ 14*$ Sale 12*| Mar. 30 15 Sale 13 Mar. 25 14*$ 100*$ 100*$ Mar. 1 100*$ Sale 101*$ Mar. 18 102*$ 101*$ Sale 102 i ,:.i. r^U ^v; Mar. Mar. Mar. Mar. 4 5 Mar. 4 Mar. 3 Mar. 3 Mar. 4 Mar. 8 Mar. 5 Mar. 22 Mar. 1 14*$ Mar. 14*| 12*| Jan. Mar. 12*$ Jan. 13 Jan. 98*$ Jan. 101*$ Feb. 31 101 Mar. 18 102*$ Mar. 5 100*$ Mar. 3 101 24 102*$ Mar. 31 IOP32 Mar. 2 l0l2132Mar. 5 100*$ Mar. 1 1 100*$ Feb. 101*$ Jan. 101*$ Mar. 18 102 H Mar. 16 102*$ Mar. 1 Feb. 19 102 Mar. 24 102*$ Mar. 19 101*$ Mar. 1 101 3 15 100 2 101*$ Mar. 97*$ Mar. Mar. Feb. 102 Jan. 103 Jan. 102*$ Feb. 102 Jan. 103*$ Jan. 102*$ Feb. 102*$ Jan. 102*1 Jan. 103 Jan. 100 Mar. 16 5 5 5 5 5 5 22 9 2 22 4 9 28 4 19 22 12 2 . '>p' ■ Sales in N. Y. Value $ {Continued) July 15 1955 External loan 5s of 1927 1957 External 01 1928.... 1956 Austrian Govt s f 7s —1957 ♦Bavaria (FreeState) extl 6 m—1945 8,000 •' Bid 38,000 Belgium 25 year external .1949 142,000 External s f 6s _.1955 84,000 External • f 7s. 1955 18,000 Bergen (Norway) extl 5s 1960 33,000 ♦Berlin (Germany) s f 6 Ha . 1950 28.000 ♦External sinking fund 6s...—1958 237,000 373,000 456,000 167,000 103,000 78,000 22,000 ♦Brazil ((J S of) ♦Ext s external 8a f g 6m J M N J J F A M S J J J D 1957 1927 1957 O 7a.—-——1952 Brisbane (City) a f 5« 1957 Sinking fund gold 5s .....—..1958 20-year ■ f 6s...—...... 1950 on—1962 Buenos Aires (City) 6M» B 2 1955 External s f g 6s aerie*, C-2 Apr 1960 External s f 6s series C-3—Oct 1960 ♦Buenos Airs t(Prov)ref.ext'l s f6a 1961 23,000 484,000 147,000 51,000 136,000 35,000 ......... Readjustment 4(4-4!Hi« Refunding 8 f 4(4-4 Ms Extl A M S 1961 1977 Sale Sale Sale Sale Sale Sale MN 83 82 Sale J 65 62 A off—.....1967 off 1968 J J 24(4 Sale M N 24 O .. J L09 (4 s gold 4s -1942 1955 ....1962 Deutsche Bank Am part ctfs 4s 1932 ♦♦Stamped extd to Sept 1 1935.. 78,000 Dominican Republics f5Hl..—lM2 1st ser 5 m of 1926 46,000 ...1940 External g 4m 100(4 O O J J — 25 98 25(4 Mar. 26(4 Mar. 9 5 2 1 Mar. Mar. 17 Mar. 30 35 Jan. Mar, 15 26(4 26(4 30(4 18(4 18(4 18(4 18(4 18(4 18(4 18(4 15(4 15(4 15(4 15(4 Jan. Jan. Jan. Feb. Feb. Feb. Feb. Feb. Feb. Feb. Mar. 23 Sale 22 Mar, 24 Mar. 22 Mar, 23 Mar. 9 Sale 22(4 Sale 22(4 Sale Sale Sale 3 9 Mar, 23 Sale 23 22 Mar. 9 Mar. 11 19(4 Sale 19(4 Sale 19 Sale Sale 19. 17(4 _ Sale 18 54 18(4 Mar, 12 Mar. 10 Mar. ' 8 Mar, 20 Mar. 31 18(4 19(4 Sale 19(4 Sale 18 Sale 18(4 18(4 65(4 18(4 20(4 Mar. 11 Mar, 24 Mar. Mar. 10 Mar. 9 Mar, 29 Mar. 9 Mar. 19 Mar, 29 Mar. Mar. 31 33 Sale 32(4 Mar. 31 98 Sale 98(4 Sale 97(4 Sale 96 Sale 97(4 35 33(4 Sale Sale 102 99 104 103 102 100(4 101(4 97(4 102 98 103 59 Sale 105(4 106(4 105(4 Sale 102 103(4 64 Sale 59(4 Sale Sale 104 104(4 Sale 104(4 105(4 103(4 104 105(4 Sale 100(4 Sale 100(4 Sale 105(4 Sale 100 % Sale 100(4 Sale 102(4 101(4 102(4 Sale .'..'1. 24 24(4 98 ..... 79 80(4 Mar. 2 79(4 Mar. 30 2d series sinking fund A O 70 80 80 79(4 78 Customs Adm 5Hs 2s M S 80 J J M S M N J D 7s s 1949 j~D ....1949 f 7s stamped unstamped 65 71 98 99 23(4 30 79(4 100 99 106(4 Sale 19 23 113 123( 122 124(4 127(4 123(4 113 7m unstamped............1941 External Sale 80 23(4 _ 106(4 Sale • 23 26 Sale 117(4 122 125(4 Sale 123 Sale 118 4 4 Feb. 4 Feb. 6 Feb. Feb. 6 4 17(4 76 99 106(4 18(4 116(4 114(4 123(4 121(4 81 Mar. 80 1 81 Mar. Mar. J German Prov 8c Communal Haiti (Rep of) 6s series A..... ♦Hamburg (State) 6s....... 1952 A O .1946 A O ♦Heidelberg (City) extl s f 7H«—1950 J 1960 A Helslngfors (City) ext 6 (4s Hungarian Cons Municipal Loan— ♦7 (4s unmatured coupons on..1945 112,000 ♦78 unmatured coupons on 1946 59,000 9,000 ♦Hungarian Land M.ge 7(4a A—1961 J O J J J J •S f 7m series B 2,000 12,000 ♦Hungary (Kingof) 7(4 sFeb.op -onl 944 1960 4,000 Irish Free State external 5s 446,000 Italy (Kingdom) external s f 7s. 1951 F A 8 f 7s series B—...1947 M S External sec s 25", 000 1952 118,000 Italian Public Utility s f g 7s ..1954 331,000 Japanese Gov extl s f 6 (4s Extl sinking fund 5(4s .1965 169,000 Jugoslavia (State Mtge Bank)— 25(4 30. 31 33(4 26(4 27(4 99 18(4 15(4 26(4 Sale 23(4 Sale 33(4 Sale 28(4 Sale 24 Sale 20 Sale 30 Sale 29 34 36(4 41 33(4 Sale 24(4 Sale 36(4 39 31 32 100 25 18(4 98(4 100 25 23(4 19 98(4 17(4 15(4 106 105(1 105(1 106 21(4 26 MN O 25 p 25 21(4 48 22 50(4 120 25 Sale 22(4 48 113(4 23(4 26 Mar. 23 Mar. 27 Mar. 27 26(4 Mar. Feb. 15 Feb. 15 Feb. 11 38 31 4 30(4 Feb. 11 4 30(4 Feb. 11 Jan. Jan. 98 103 Feb. 15 99(4 Feb. 17 99 Jan. 28 23 99 15 1043 13 643 5 4 Mar. 29 92 74(1 92(4 93(4 92(4 Sale 80(4 Sale 83 27(4 "79" 71. Sale Sale 30(4 24 A 96(4 Sale 80(4 Sale 37(4 23(4 40(4 44 i Sale" 84 84 7 6(4 10(1 Sale 8(4 7(4 Sale 80 Sale 71(4 Sale 94(4 Sale 80(4 Sale 34(4 17(4 9 Sale Mar. Mar. 2 3 Mar. 6 8 80(4 Mar. 80 Mar. 23 Jan. 50(4 Feb. 82(4 Mar. 82 1 1 1 8 81 81 26 4 23(4 Jan. 21 4 3 33 Mar. 23 4 51 Mar. 18 113 Mar. 30 92 Mar. 22 22 22 23 Mar. 24 Mar. 23 Mar. 1 40 Mar .~31 92(4 71(4 Mar. 31 93(4 Mar. 22 80 Mar. 30 80(1 84 Mar." 1 1 Mar. 96(4 Mar. 1 82(4 Mar. 11 6 39 Mar. 27 40(4 Mar. 95 Mar. 19 95 Mar. 19 Mar. 15 15 Mar. — 13 v 5(4 Mar. 15 8 Mar. 18 7(4 Mar. 13 7(4 Mar. 17 7 (4 Mar. 24 7(4 Mar. 8 V 11 Mar. 25 4 27 24 Mar. 1 Mar. 2 333 283 Feb. 11 Mar. 1 32 Mar. 41 Feb. 35 Feb. 19 96(4 Jan. 8 100 Feb. 11 17 Mar. 23 15(4 Jan. 105(4 Jan, 25 Mar. 4 16 2 8 19(4 Mar. 11 Mar. 10 4 107 30(4 Mar. 22 21(4 Jan. 21(4 Jan. 21(4 Jan. 21(4 Jan. 47(4 Feb. soi Mar. 22 Mar. 22 Mar. 23 Jan. 25 79(4 Jan. 85k 12 29(4 Jan. 20(4 Feb. 40(4 Feb. 19 80 99 Mar. Mar. Feb. 80(4 Jan. 71(4 Jan. 93 115 29 Jan. Feb. 99 Feb. 94 Feb. 82(4 Feb. 99(4 Jan. Ill 5 4 Jan. Mar. 19 Jan. 22 Mar. 7 Mar. 7 6 Mar. 10 7 Mar. 17 6 6 Feb. 27 Mar. 19 Jan. 4 11(4 Jan. 11(4 Jan. Jan. ~ Mar. 10 Feb. 19 21 95 17 Mar. 13 7(4 Mar. 17 7(4 Mar. 24 4 5 15 23 25 8(4 Jan. Mar. 23 7 Jan. Mar. 15 Feb. 25 8 2 22 Jan. 4 Mar. 18 Mar. 13 9(4 Mar. Jan. 8 6(4 6(4 6(4 Mar. Mar. 23 Feb. 6 Mar. 3 Jan. 6 Sale Mar. 25 27(4 Jan. 1 5 Mar. 20 Mar. 5 Mar. 4 Feb. 27 Jan. - Mar. Mar. 2 81(4 Mar, 11 76 67(4 Jan. 98 Jan. 1003 105(4 Mar. 25 1073 17(4 Mar. 18 24! 117 Mar. 24 1243 117 Feb. 119! 130 122(4 Mar. 119(4 Mar. 6 124 20(4 Jan. 8 Feb. 18 Feb. 18 82 Mar. 30(4 Mar. 30(4 Mar. 30(4 Mar. 27(4 Mar. 2 2 Jan. Jan. Mar. 38 25 4 Jan. 74(4 Jan. 32 89 J D Mar. 23 Mar. 2 19 28 24 25 30(4 Sale 25 26(4 "35"" 27(4 27 • 50 50(4 Sale 112* 111 95(4 98 13(4 14(4 5(4 6(4 7(4 8(4 7(4 Sale "9(4 "10(4 9(4 Mar. 17 Jan. 12 18(4 Jan. 27(4 Jan. 5 23(4 Mar. 29 4 100 98 20 Jan. 2 1 34 Feb. Mar. 13 Mar. 13 Mar. 29 4 1 2 Mar. 2 Mar. 2 19(4 Mar. 11 Mar. 10 105(4 105(4 Mar. 25 107 99 .it* , 92(4 104(4 15(4 Sale J 24(4 Mar. 25 36(4 Mar. 17 31 Mar. 27 Mar. 12 Jan. 12 105(4 Jan. Jan. 102 Mar. 100(4 Jan. 98(4 Mar. 19 100(4 Jan. Mar. Mar. 24 9 3 38 33(4 Mar. 28(4 Mar. 27 9 Mar. 19 2 27 Jan. 363 103(4 Mar. 2 1053 101 Jan. 29 1023 . 23(4 19(4 29(4 23(4 Mar. 4 97(4 Mar. 96 Mar. 30 8 97 Jan. Mar. 25 74(4 Mar. 17 76 QQ Mar. 3 100(4 Mar. 23 105(4 Mar. 25 107(4 Mar. 10 17(4 Mar. 18 24(4 Mar. 3 117 Mar. 24 121 Mar., 4 118(4 Mar. 29 118(4 Mar. 29 1 112(4 Mar. 6 125(4 Mar Mar. 4 119(4 Mar. 6 124 26(4 Sale 85(4 Sale 98 ♦7(4s Unmatured coupons on.1950 1,000 ...1954 79,000 ♦Medellln (Colombia) 6(4s.. 16,000 ♦Mexican Irrlg Assenting s f 4 (4s 1943 1,000 ♦Mexico (U S) external 5s of 1899£ 1945 Q ♦Assenting 5s of 1899.........1945 12,000 ♦Assenting 5s large............. Q 46,000 ♦Assenting 5s small........... Q 6,000 ♦4s of 1904 1954 J 10,000 ♦ Assenting 4s of 1964... ...1954 143,000 ♦Assenting 4s of 1910 large..... 222,000 Sale Sale 26(4 67(4 ♦7s Unmatured coupons on...1957 A ♦Leipzig (City) external s f g 7s. 1947 F Lower Austria (Province of)— see panre 24(4 113 Italian Cred Consortium 7s ser A1937 M For footnotes, 29 M N 1961 M N 26,000 20 II* Bks— ♦(Cons Agric Loan) 6(4s ser A.1958 24,000 MN 12,000 ♦Greek Govt secured 7s.........1964 ♦S f secured 6s.... ....1968 F A 63,000 46,000 35,000 2,000 10,000 21(4 Sale Mar. 22 , German Gov't International— D ♦35-year 5(48 stamped........1965 849,000 ♦5(48 unstamped 1965 108,000 AO ♦German Republic 7s stamped.. 1949 364,000 ♦7s unstamped 1949 50,000 21(4 Mar. 11 21(4 Mar. 8 21(4 Mar. 16 30 101 ----- 80 100(4 107 Sale 122 122 Sale Sale 9 Mar. 9 Mar. 11 11 80 81(4 Mar. 11 1 9 Mar. 11 Mar. 25 1 Mar. Jan. 72 73 Mar. 2 Mar. 17 23(4 Jan. 82(4 Mar. 8 81(4 Mar. 12 82 Mar. 9 80(4 Mar. 6 Jan. 29(4 Jan. 45 82(4 23 5 Jan. 45 81 S 24(4 24(4 24(4 24(4 8 70 70 81 81 d MN 25 8 82(4 M 25 5 4 z9i8(4 Mar.19 1)00(4 Mar. 81(4 4 23 Mar. 10 Mar. 3 4 Sale 80(4 5m 2d series— 6 99(4 Sale 80 Jan. Jan. Jan. 37(4 Mar. 10 Mar., 8 48(4 Mar. 31 25(4 Mar. 4 105 101 9 38 4 1 73(4 Sale 4 4 4 Mar. 30 48 Mar. 15 105(4 Mar. Mar. 100(4 Mar-15 102 Sale" Sale 80(4 Sale 4 105 105(4 Sale 70(4 80 26(4 Feb. 13 56(4 Mar. 103(4 Mar. 24 1053 103(4 Mar. 25 1053 74(4 S 25(4 Jan. 11 3 S M 12 Feb. 103(4 Mar. 25 105(4 Mar. O —...—1969 1969 f 7s ..1945 64(4 Jan. 28 Jan. Mar. Mar. 11 Mar. 8 Mar. 12 Mar. 18 33(4 Mar. 23 36(4 Mar. 12 Mar. 9 zl03(4 Mar. 2 104 101(4 Mar.23 102(4 Mar. 5 Mar. 13 z98 Mar. 1 99 104 Mar. 4 104(4 Mar. 13 56(4 Mar. 13 64 (4 Mar. 29 103(4 Mar. 24 104(4 Mar. 15 A f m—..1940 ser......1961 5 36(4 Mar. 13 36(4 Mar. 13 Mar. 25 28(4 26(4 Mar. 11 26(4 97(4 Mar. 30 100(4 96 Mar. 30 98(4 97 Mar. 5 98(4 24 86 22 9 15 Jan. 53(4 Jan. 14 18(4 Mar. 29 27 M 5}m 1st series.... 8 Mar. 19 Mar. 22 Sale "99(4 Sale 48' Mar, 23 32(4 28 Sale 4 Mar, 23 33 31 27(4 37(4 Sale Sale 23 21(4 Jan. 22 Jan. Mar, 17 Mar. 10 Sale 26 Mar, 13 1 19 15 104(4 Mar. 17 110(4 Ill Feb. 22 114(4 97 Mar. 17 101(4 96(4 Mar. 17 103(4 5 53 50(4 Jan. 1 Mar. Sale Sale Jan. 28 Mar. 12 24(1 6 Jan. 60 60 Mar, 22 5 5 3 Jan. 23 Mar. Sale 5 Jan. Jan. Jan. Jan. 83(4 Jan. 21 1 83(4 Feb. 75(4 Mar. 78 Mar. 78(4 Mar. 56 Mar. Mar. 30 - Jan. 18 Mar. Mar, 24 Sale 3 1 28 Mar, 17 22(4 Feb. 27 Jan. Mar, 17 21(4 1 24 17 11 11 Feb. Mar. 11 Mar, 23 Sale 16 9 99(4 Feb. 24 102(4 Jan. Sale Sale 1.05(4 Sale L12(4 Sale 98 Mar. 16 44 extl s El Salvador (Rep) 1st a f 8s A...1948 ♦Certificates of deposit ... 2,000 ....1967 16,000 Estonia (Republic) 7s 32,000 Finland (Rep of) external 6s....1945 ..1953 33,000 ♦Frankfort (City of) s f 6(4s 77,000 Fiench Republic 7 (4« stamped..1941 1,000 24,000 20,000 24(4 Mar. M S ♦Dresden (City) ^ 25 26(4 Mar, 30 . 56,000 42,000 15,000 4,000 24(4 25(4 Sale 28(4 Sale A Mar. Sale 20(41 99(4 Sale 97(4 98 97(4 97(4 A Mar. Mar. 56 22 Sale 27 78(4 Mar. 56(4 22(4 Sale 20(1 MN Sale 22 F J Mar. Sale MN M N 78 Sale 35(4 Sale 35(4 Sale D Sale Mar. Mar. Mar. Sale 30( 22(4 Sale 20(4 Sale 20 Sale 20 Sale 32(4 Sale 32(4 Sale 20(4 24 A 83(4 Mar. 75(4 Mar. 75 (4 Mar. 52 1 6(4 Mar. 10 Sale 11 Jan. Feb. Mar. Mar. Mar. Mar. Feb. Jan. 5 Feb. 16 6 103 Jan. 84 Mar. 17 88(4 83(4 Mar. 31 89(4 75(4 Mar. 23 82(4 22 h 23 27 O J Mar. 8 Jan. Mar. 100 24 ( 41 A O 6 Jan. 5 102 Jan. 100 Sale ~ " 26(* 24(4 Sale A 1 Mar. 16 110(4 Mar. 17 110 Mar. 19 102(4 Mar. 19 102(4 Mar. 29 25(4 Mar* 11 110(4 Jan. 2 109(4 Jan. 2 118(4 Jan. 6 102(4 Mar. 17 25 Mar. 22 24(4 Mar. 31 59(4 Jan. 2 47(4 Jan. 2 47 Jan. 2 47(4 Mar. 19 103(4 Mar. 18 103 Feb. 24 105(4 4 31(4 Feb. 20 26(4 Jan. Jan. 28 100 Feb. 15 102 Sale Sale 38 32(4 '18(4 "21(4 J 84 m 81* Mar. Mar. 101 Mar. 25 Mar. 9 Mar. 23 Mar. 18 Mar. 3 9(4 1(4 1(4 2(4 45 26 8 J Sale Prices 36(4 36(4 32 60 52 M J Sale Prices 55(4 47(4 36(4 36(4 48(4 26(4 20 Sale Sale 100 61(4 D ♦7s Nov 11932 coupon on...... 1951 249,000 M 8 25,000 Cuba (Rep of) 5s of 1904 .......1944 F A 5s ext debt Ser A of 1914—..—1949 32,000 F A 4 m external loan 21,000 — 1949 J J 16,000 30-year s f 5m 1953 J D ♦Public Works 5H®—June 30 1945 1,910,000 160,000 Denmark 20-yr external External g 5m 152,000 107(4 Sale 111(4 Sale Sale 49(4 s 38,000 Cxechoslovak (Rep of) extl 8s...1951 Sink fd 8s ser B 1952 31,000 Sale 103(1 Sale f gold ♦CoJognf (Germany) a f 4(4« 1950 Colombia (Republic of)— ♦6s April 1 1935 coupon onOct 1961 488,000 ♦6s Jan 1 1935 coupon on. Jan 1961 292,000 ♦Colombia Mtge Bank 6(4*—....1947 30",666 ♦Sinking fund 7s of 1926......1946 1,000 ♦Sinking fund 7s of 1927......1947 99,000 Copenhagen external 5s—.....1952 Gold 4m 105,000 1953 80,000 Cordoba (Prov) Argen 7s........1942 Costa Rica (Republic)— Sale 25 114(4 Sale 101(4 Sale of gu s f 6 Ha -1957 J D 6(4* ..... 1961 f gold 6s .1961 A O M N ♦Guaranteed sinking fund 6S..1962 ♦Chilean Munlc Loan 7s —1960 M S J D ♦Chinese Hukuang Ry 5s—.—..195] ♦Chile Mtge Bank Sale Prices 28(4 Mar. 100(4 Mar. 101(4 Mar. 100(4 Mar. 86(4 S3H 87 MN 238,000 ♦Chile Republic exts f g 7s ..1942 ♦External sinking fund g 6s 1960 A O 531,000 F A ♦External s f 307,000 gold 6s..—Feb 1961 J 402,000 ♦Ry ref extl s f g 6s.......Jan 1961 M S ♦Extl s f 6s int ctfs Sept 1961 188,000 M 8 ♦Extl sinking fund 6s 121,000 1962 M N ♦External sinking fund 6s.....1963 273,000 ♦Guaranteed Sale Sale ♦S f 7(4* May coupon ♦Guar 101 98 Sale A 347,000 101(4 F 413,000 Canada (Dom) Gold 4s........—1960 M N 482,000 30-year gold 5s_. 1952 F A 311,000 10-year 2(4s Aug 15 1945 J 548,000 25-year 3 (4a 1961 J 13,000 ♦Carlsbad (City) s f 8s 1954 M S 25,000 ♦Cent Agrlc Bank (Ger) 7s 1950 ♦ Farm Loan sf 6s ...........-I960 J 25.000 A O ♦Farm loan s f 6s ............. 1960 64,000 ♦Farm loan 6s series A 1938 66,000 168,000 134,000 139,000 128,000 203,000 2,000 24,000 101 F 1976 readjust 4(48-4(4*--——I976 s f 4(4-4(4 $ bonds.......1975 ♦S f 7s July coupon Sale Sale 102(4 101(4 101 86(4 M 3% external s f % bonds...—.-1984 Bulgaria (Kingdom of)— 79,000 34,000 S —.......... ♦6^s stamped Extl A 29(4 28(4 27(4 M Safe Prices 104 (a Mar. 16 106(4 Mar. 3 104(4 Sale 106 105(4 Sale 105(4 104(4 Mar. 1/ 106(4 Mar. 5 104(4 106(4 106(4 105 Mar. 1 99(4 Sale 101 99(4 Mar. 19 101 100(4 Sale 98 Mar. 1 98 Mar. 19 102 Sale 102 99 102 100 18(4 Sale 19 25 18(4 Mar. 29 25(4 Mar. 1 23 Mar. 11 110(4 Mar. 24 108 Sale 109(4 i09(4 108 108(4 Sale Mar. 1 109(4 Mar. 17 105] Sale 107 Sale 107(4 108(4 107 Sale 116(4 Mar. 1 118(4 Mar. 11 115! Sale 116(4 Sale 117 99 Mar. 9 99 Mar. 24 101 100 99 102 101 100 18 25 Mar. 2 18 Mar. 17 26 22 19(4 Sale 22(4 18(4 18(4 Mar. 22 24(4 Mar. 3 23(4 Sale 22 20(4 19(4 Mar. 3 48(4 48(4 Mar. 31 62 Sale 51(4 Sale 48(4 Sale 41 41(4 Mar. 31 46(4 Mar. 1 Sale 46(4 Sale 41(4 Sale 41 41(4 Mar. 30 46 (4 Mar. 2 Sale 45(4 Sale 41(4 Sale 41(4 41(4 Mar. 27 45(4 Mar. 4 Sale 45(4 Sale 41(4 Sale 99(4 99(4 Mar. 19 101 (4 Mar. 3 101(4 Sale 103 99(4 100 Sale 99(4 99(4 Mar. 18 101(4 Mar. 1 99( 103(4 101(4 Sale Mar. 2 101 103 101(4 Mar. 11 102 105(4 101(4 103(4 101 1935 coupon ♦Stamped Highest __ •Cent Ry 30-year g ♦68 June 1 Lowest 110 Sale Budapest (City of)— 34,000 63,000 14,000 26,000 4,000 70,000 Highest 110(4 M S A Ask Ask Bid Bid ,Ask 109(4 109(4 101X 99(4 M S 1941 .— — of 1926 ♦Extl s f 6m of J Lowest 31 March March 1 1937 STOCK EXCHANGE Government 267,000 Australia 5s of 1925 49.000 1 Jan. 2 Foreign 174,000 574,000 RANGE SINCE JAN. PRICES IN MARCH Price BONDS March , EXCHANGE-BONDS N. Y. STOCK 20 8 11 9 7 Feb. 25 Jan. Jan. 9(4 Jan. 9(4 Jan. 6 6 6 21 8 7 April, 1937] Sales in March Value N. Y. STOCK EXCHANGE-BONDS 58Y BONDS March 1 1937 FOREIGN GOVT (Concluded) Mexico (Continued) Bid ♦Assenting 4s of 1910 small..... •♦ Tress *• of *13 assent (lards) 1933 J Ask 11** 12 H Sale 705* 72 ......... ♦6s series A..................1959 10,000 110,000 Now Soutb Wales ext i f t 5s 1957 External s f ft 5s..... 61,000 ......1958 69,000 Norway 30-year ext s f 6s. Aug IS 1943 20-yeaf external • f 6s. Aug 15 1944 61,000 External t f 5s Mar 15 1963 10,000 Extl sinking fund 4**s 253,000 1956 27 245* 60H 104** 104H F A 107 5* FA 106H MS 102% MS 102** External sink fund 4***——1965 A O 101** 459,000 Municipal Bank ext s f 5s .1970 J D 102 J* 1,000 13,000 ♦Nuremberg (City) external 6s.. 1953 FA 18** 81,000 Oriental Development 6s.... .1953 M 8 76*1 External deb 5H«—.... 1958 MN 63,000 72 ** 91,000 Oslo (City) 4**s extl sink fund..l955 A O 99 A A O .. 9,000 2,000 Panama (Rep) external 5He..... 1953 J D ♦Extl a f 5s see A... May 15 1963 MN ♦Stamped (assented)......... 85,000 S S 1961 J ♦7Hs July coupon off.........1966 J MN f 7s.. 1941 AO 25-year extl s f 6s......Feb 15 1947 F A 42,000 ♦Rhine-Main-Danube deb7s ser A1950 M S & Rio de Janeiro (City of)—, ♦Ss April coupon off 1946 A O ♦6Hs August coupon off......1953 F A Rio Grande do Sul (State of)— ♦8s April coupon off.... .1946 A O 48,000 ♦6s June coupon Off..........1968 J D 168,000 ♦78 May coupon off...........1966 M-N 86,000 ♦7s June coupon off..........1967 J D 27,000 Rome (City) external s f 6Hs 1952 A O 174,000 Rotterdam (City) ext s f 6s .....1964 M N 12,000 Roumania (Kingdom of. Monopolies) ♦7s August coupon off........1959 F A 201,000 •Saarbruecken (City) a f 6s Sao Paulo (City of)— 39,000 3,000 74** 1 9 9 2 Mar. 16 Mar. 16 Sale Sale 2$% 26** 67*1 30** 26** Mar. 23 26** Mar. 27 655* Mar. 11 34 Mar. 1 26** Mar, 34 67*| 60** 102** 102** 107 107 5* Sale J6 ** 1005* Sale 106 75 745* 72 995* 98 Mar. 22 1005* Mar. 60*2 Sale Sale 80 75 Mar. 6 Mar. 31 Mar. 9 Mar. 18 63 Mar. 20 1035* Mar. Mar. 23 103** Mar. Mar. Mar. 16 107 Mar. 19 1075* Mar. Mar. Mar. 10 100 Mar. 25 1035* Mar. Mar. 16 1015* Mar. Mar. 10 102 k Mar. 10 Mar. 2 Mar;' 18 Mar. 3 Mar. 31 Mar.'i 2 Mar. 20 75 2754 Sale 103 J* 102** 104 102** Sale Sale 105** Sale Sale 10154 1015* 1045* 106 99% 102** Sale 103 102** 20 Sale 775* 100 17 315 67 80*1 1 106** 107 106** Mar. 12 106** Mar. 15 84** 74 Mar. 8 83 - Mar. 8 795* 83 Sale 735* 70 67** Mar. 30 735* Mar. 4 71 30** Sale 245* Sale 50 61 47 Sale Sale Sale 31 30 Sale Sale 99 99** Sale 24 21H 24** Sale "27" Sale 235* Sale 24 30 ** Sale 345* Sale Sale 22 725* Sale 105 25** Sale 30 Sale 51 64** Sale 49** Sale 88 295* 29 20** 19 | Sale Mar. 31 225* Mar. 23 21** Mar. 23 21** Mar; 23 305* Mar. 2654 Mar. 255* Mar. 255* Mar. 47 60 47 Mar. 11 Mar. 2 54 1 3 3 3 Mar. 20 65 ^ Mar. 20 Mar. 545* Mar. 24 31 * Mar. 26** Mar. 98** Mar. Mar. Mar. }§* .1 3 Sale i Sale 3154 Sale 27** Sale ..... Sale 29** 1952 MN 27 355* Sale 1957 MN 24H 30 1936 38 31 34 Sale 33 64 109 Jan. 102 Jan. Jan. 102** Feb. Mar. 102** Mar. 17 24*1 Mar. 75** Jan. 71** Jan. 98 82 24 305* Feb. 27 19 Jan. 47 60 46 Mar. 11 Mar. 2 Feb. 27 28 26 26 62 80 Mar. 31 20** Feb. 4 185* Jan. 9 9 92 ♦♦8s July coupon off.... ,i ... ♦88 July coupon off........ ♦7s September coupon off.. 1950 35 1956 M S 28** *6s July 1968 J J 28 Sale 1940 A O 95 Sale Sec s coupon off........ 1 J 7s.... Sale ♦Saxon State Mtge Inst 7s. 1945 J ♦S F g 6 Hs. , Decl946 J Serbs Croats & Slovenes (Kingdom) ........ . 28 32** . ♦8s No* I 1935 coupons on.. ..1962 105,000 ♦7s Nov I 1935coupon on...... 253,000 ♦Silesia (Prov) extl sink fund 7s.l958 66,000 ♦Sllesian Landowners Assn 6s...1947 24,000 25** J D F A Styrla (Province of)— 7s February coupon off.......1946 1,000 Sydney (City) s f g 5 Ha 1955 F 31,000 Taiwan Else Pow 5 He—......1971 J A A J 82,000 TokyoClty loan of 1912 5s 1952 M S 15,000 External s f 5He guar.. ...1961 A O 64.000 Trondhlem (City) 1st ext g 5HS..1957 MN 49,000 ♦Uruguay (Rep) external s f 8s..1946 F A 18,000 ♦Ext • 16s. I960 M N 239,000 ♦Exter S f 6s 1964 M N 128,000 Venstlen Prov Mtg Bank 7s 295* 11 7 28** Jan. 26 11 Jan. 2 2 Mar. 24 26 Jan. Jan. 26 Mar. 1 8 1 1 3454 Mar. <5 255* Jan. 2 345* Mar. 7 27Feb. 15 Map; Mar; 20 7 2 Jan. 21 20 Mar. 16 Jan. 72** Mar. 30 1005* Mar 22 Feb. 21 3 Jan. 12 • 3 2 39 32 Mar. Mar. 8 5 28** Mar 31 Mar. 3 ....1952 A O 25*1 53*1 26** Sale 55 30 36 89** 92 104 J* 104** 73 ** Sale 72*1 74 72** Sale 100** 101** 68 69 69** 695* 68** Sale 73 90 Vienna (City of)— 6s Unmatured coupons on....1952 M N 19,000 Warsaw (City) external 7s 117.000 Yokohama (City) extl e f 6s.. 43,000 215* 225* 18**—. 32** 28** Mar. 31 33 26 Mar. 17 91 4 Mar. 27 31 97 ,, 19 J* Mar. 23 195* Mar. 23 Mar. 12 Mar. 2 Mar. 13 Mar. 12 315* Mar. 20 31** Mar. 20 17 305* Sale 36 Sale Sale 42** Sale 30** 39** 45 Sale Sale 44 Mar. 3 395* Mar. 11 93J* Mar. 30 93** Mar. 30 101** Mar. 31 104** Mar. 1 735* Mar. 23 755* Mar. 12 65 Mar. 20 67** Mar. 25 75 Sale 75 745* Mar. 8 755* Mar. 2 Mar. 9 102** 9954 Mar. 15 103 Mar. 18, 68** Mar. 1 665* 66 65 Mar. 22! 68** Mar. 8 65** Sale 65** Mar. 22 68** Mar. 1 65** Sale 83** 99** 915* 93** 104** Sale 101** Sale Sale 715* 75 75** 80 76 81 Sale 102 68** Sale 67** ^8** 68** Sale 83** 99** m m 98 93 98 Sale 92 1958 F A 48 Sale 43 Sale 43** Sale ..1961 J D 77** Sale 42 Sale 42 895* Mar. 29 Mar. 31 39 32 Sale Mar. 1 455* Mar. 4 3 9,6 Mar. 10 395* Mar. 13 98 Mar. 24 84 81 Mar. Jan. . 435* Mar. 375* Mar. Sale Feb. 26 Mar. 30 Sale Sale Sale Sale 33 Jan. 3554 Mar. '2 30J* Mar: 10 32** 28** 26** 92 J* 34** Jan. 23 305* Mar. 22 30 J* Mar. 31 28 Mar. 30 40 4 2 30** Sale 29** 45 39** 30** 35 30** Sale 965* Sale 3 245* Mar, Mar. 215* Jan. 32 Feb. 23 Mar. 2 24** Mar. 110J* Mar. 18 113** Jaft. 14 1095* Mar. 19 113 Jan. 8 Feb. 18 21** Mar. 12 27 235* Mar. 18 43** 64 Feb. 15 Feb. 15 Feb. 15 Feb. 11 Feb. 11 Feb. 13 335* Mar. 11 31 16 100 Jan. 23** Mar. 18 26 2 4 106** Mar. 15 24 85 Jan. 22 76 Jan. 22 Feb. 24** 19 Mar. 67**, Mar. 30 245* Mar. Mar. 13 8 81** Feb. 19 76** Jan. 12 100** Feb. 19 Mar. 1055* Jan. 15 27 20 2 5 4 Jan. 12 102 2 102** Feb. 12 335* Mar. 12 325* Mar. 2 Jan. 1075* 100 6 3 Feb. 25 20 Mar. 1045* Mar; 106 7 8 Jan. 99% Mar. 105 175* Jan. 16*4 Jan. Mar. 30 27** Mar. 22 Jan, Feb. Jan. Jan. Jan. 105** 245* Mar. 3 4 Jan, 67** Mar. 31 12 30 32 Mar. Mar. Mar. Mar. Mar. 275* Jan. 11 26** Mar. 30 305* Mar. 22 345* 31** Sale 31 Sale 26K Mar. 31 31 26** Sale 305* Sale 26** Sale 26** Mar. 31 305* Mar. 16 29 30** 31** 26** 275* 26 81 Sale 72** Mar. 30 81 725* Sale 101** Sale rlOOMSale el005*Mar.22 1015* 3254 26** 655* 60** 1015* 1015* 1 335* Mar. 11 30 30 Mar. 1 25 100 Mar. 2 Mar. 3 1115* 112** 110** Mar. 18 113 112** 113 111** 112** 109** 110** 1095* Mar. 19 112** Mar. 3 28 36** 23** Sale 21** Mar. 12 23** Mar. 31 32 32 24** Sale Sale Sale 26** Sale 28 13 31** Sale 625* 22 111 5* 113** 113 9 135* Jan. Mar. 16 34 22** Sale Sale 9 82 ' Sale 55* Feb. 23 85* Mar. 2 70** Mar. 30 ♦6Hs May off....... 65* Mar. 2 1 ♦8s May coupon off......... coupon 9 Mar. 16 785* Mar. 24** Sale J Mar. 854 Mar. 70** Mar. 30 Sale Sale 76** Sale 59** Sale 26 Sale Prices 71" Sale" 22 94 Sale Prices 6 8**: 10** 24 J* Sale 26$ Highest Sale Prices Sale' 102** 103** 22** 24** 99** Lowest Sale Prices 78** Sale 24** 78 75 Highest Jan. 265* Jan: Mar. 29 44 Mar. 31 43** Jan. 19 35** Feb. 19 34** Jan. 25 . 26 91 5 355* Mar. 2 345* Jan. 21 San Paulo (State of)— \ 10,000 69,000 30,000 190,000 178,000 1953 I Ask 20** Sale 4.000 { 77,000 RANGE SINCE JAN. 1 Lowest 9 101 85 23 Sale 9 Sale $ Porto Alegre (City of)— ♦8s June coupon off...... s Ask Bid Bid 100H? 100** 103** 103 H Sale 69 29,000 ♦Prussia (Free State) ext ef 6 H—1951 M S •S f gold 6s.. —.—.a—.—......... 1952 A O 76,000 2,000 Sale 109 Sale •i, 31,000 Prague (Greater City) 7H«......1952 129,000 182,000 645* 105** ..... 1055* 106 Pernambuco (State of)— 78,000 Queensland (State of) ext Sale 27 735* ♦7s September coupon off...—1947 M 70,000 127,000 ♦Peru (Rep) Sec e f g 7s.. .......1959 M ♦National loan ext a 16s......1960 946,000 ♦National loan ext a f 6s......1961 435,000 59,000 ♦Poland (Rep of) g 6s...........1940 ♦Stabill* loan 7s of *37. Oct 15 1947 148,000 ♦External s f 8s 1950 153,000 32,000 63,000 12** 65** MN F March 31 65* Sale J •♦Small....—_ 2,000 237,000 Milan City (Italy) ext loan 6HS..1952 AO \finas Geraes (State of, Brazil)— ♦6H» September coupon off 104,000 1958 MS ♦6**s September coupon off-—1959 M S 94,000 8,000 ♦Montevideo (City) 7a__... 1952 J D 6,000 , PRICES IN MARCH Price Jan. 2 n. y. stock exchange 259,000 21 Mar. J 7 Mar. 27 Jan. 98 Jan. 19** Mar. 23 24 Jan. 22 25 Jan. 28 25** Jan. 4 24 4 Jan. 28 18 16 Feb. 27 31** Mar. 20 31** Mar. 20 40** Mar. 13 54 30 12 39** Mar. 11 90J* Jan. 16 101** Mar 31 715* Jan. 28 Mar. 30 Feb. 11 Jan. 11 Jan. . 65 Mar. 20 72 J* Jan . Feb. Jan.' 29 Jan. 995* Mar. 15 10 8 12 Mar. 9 66 Jan. 6 65 Jan. Jan. 5 Mar. 18 Mar. 22 65** Mar. 22 92** Jan. 21 395* Mar. 13 77** Jan. 2 98 54 84 5 Feb. 27 Feb. 15 Mar. 3 RAILROAD AND INDUSTRIAL COMPANIES. 883,000 70.000 49,000 7,000 3,000 9,000 15.000 12,000 8,000 26,000 640,000 240,000 25,000 43,000 9,000 58,000 88,000 1,43,000 J F A Adriatic Else Co external 7a.....1952 A 1943 J D 1946 10-year deb 4)*•AlaGr Sou 1st cons Ss ear A First cons 1943 J 4s series B.. ♦Albany Perf rated Wrap Paper 6s 1648 A ♦6s with warrants assented...1948 D O Albany A Suea let guar 3m. ♦Collateral Be convertible 5s.._ 1950 AO ♦5s stamped—-———1950 .1998 AO M 8 ......1943 Allegh Be West let g go 4s... Alleg Volley gen gu 4a. Allied Stores Corp deb ♦**■-*- 4H« debentures Amer Tel 8c Tel— 915* 1045* 1045* 101** 815* 1145* "73" 69 ...1946 FA Allegheny Corp coll tr conv 6s..1944 Collateral and convertible 5s—1949 J D a o 1950 ..1951 F A S Alpl e Montan Steel 7s........1955 9,000 M S 607,000 Amer & Foreign Power deb 5s...2030 .....1953 J D 100,000 American Ice s f deb 5s MN 480 American IG Chemical 5Hs .....1949 J Amer Internet Corp conv f H>—1949 J 143,000 Sale 106 O AO M f D ♦{♦Abltlbl Pow 8c Paper 1st 5a...1953 M S Adam* Express colt tr g 4s ....1948 Collateral trust 4s of 1907.....1947 J D }2^ 100 Sale Sale 65** Sale 102** 103** 112** 100 v 81 87 109 Sale Sale Sale 115 Mar. 109" 107" 1085* 109- 755* 100** Sale 94 91 : 67** Sale Sale" 925* Sale 100** Sale — 84 Sale 93 Sale 109** Sale IVA 95 90 Sale 98 1075* Sale Sale 9954 98** Sale 100 99 77** 9554 10654 104** Sale Sale Sale Sale 105** Sale 106 1115* Sale 112** 112** 113** Sale 1125* Sale 108 Sale 108 70 705* 76 70 65** 102** 103** 101 965* 98** Sale Sale 91 9054 85 101 169** 161" 100** 94 Mar. 31 Mar. 5 Mar. 4 Mar. 18 Mar. 11 Sale Sale 100 93** 101** 105** 105** 101** Sale 105 104 Sale 86 91 Mar. 101** Sale 1035* 104** Mar. 1035* 104** Mar. Mar. 104 101** 101 90 865* Mar. 985* 81 114** 114** Mar, Sale Mar. 15 71** Mar. 16 Mar. 69 Mar. 104 Mar. 101 Mar. 95 93** Mar. Mar. 69 Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. 91 611 98 5 Mar. 100 Mar. 13 109** Mar. 1005* Mar. 100** Mar. 107** Mar. 99** Mar. 985* Mar. 1 6 8 Mar. 20 99 Mar. 20 77** Mar 31 85 97 Mar. 10 Mar. 19 99 . 93 Mar. 1 10654 Mar. 31 109** Mar. Mar. 10354 Mar. 29 106 1 1 84 Jan. Mar. 31 Jan. 5 Jan. 11 Jan. 19 104** Jan. 104 101 Jan. Mar. 79_. Jan. Feb. 11451 Feb. 108 70 Mar. 65** Mar. 101 Mar, 965* Mar. 905* Mar. Feb. Jan. 85** Jan. Feb. 61 98 Feb. 8 Mar. 31 Jan. 2 Jan. 22 Jan.. 25 Jan. 27 107** Mar. 99** Mar. 98** Mar. llV* 87 2 11 Feb. 10 Mar. Mar. 93** Jan. 9 Mar. 5 Jan. 23 Feb. 9 Jan. 25 Jan. 11 Mar. 9 Feb. 11 Jan. 18 - 2 Mar. 19 1065* Mar; 31 1035* Mar. 29 Mar. Jan. 1 29 -,r 20-year sinking fund §H*.-—1943 564,000 Convertible debentures 4 H*--1939 236,000 3Hs debentures..............1961 1,689,000 3debentures...—.. ...1966 1,848,000 96,000 ♦Am Type Found s. f. debs 2**-5s. 1950 MN J J A O J D * J 177 Sale 106*4 107 98** Sale 9754 Sale 169 172 108 Sale 109 Sale 100** Sale 1005* Sale 171** Sale 11254 Mar. 1055* Mar. 97** Mar. 97*1 Mar. 24 114 ; Mar. 23 109 Mar. 23 100** Mar. 23 1005* Mar. Mar. 22 18? Mar. 169 111** 1055* 97** 97** 169 Feb. 3 114 Mar. 23 113 Mar, 23 102** Mar. 23 1025* Jan. 4 200 Mar. Jan. Jan. Jan. Feb. Amer Water Works Be Klec M N Debenture gold 6a uerles A...1975 72,000 ..1947 I J 352,000 {♦Amer Writ Paper 1st g 6a ♦Ceitificates of Deposit... 85,000 6s stamped...1947 j"rJ 7,000 A O 683,000 Anaconda Cop Mln s f deb4 H* ..1950 . ... 110** 75 Sale 95** Sale 94 Sale Sale 78** Sale 76** 82 i065* Sale" 165** Sale' 105 365* Sale 71 72** 104** 104 104** Sale. 69 71 1035* 104 103 Sale 965* Sale Sale 107 ** Mar. 22 10954 Mar. 11 77** Mar. 29 95** Mar. 1 77*1 Mar. 29 94** Mar. 2 Mar. 4 84** Mar. 16 9l Mar. 3 104** Mar. 23 106 107** Mar. 22 110** Jan. 23 69** Jan. 12 95 J* Mar. 1 70 Jan. 13 94** Feb. 27 84** Mar. 16 91 Mar. 4 Jan. 11 104** Mar. 23 107 AngloChllean Nitrate— ♦Sinking fund Income deb....1967 J 454,000 I 42,000 ♦tAnn Arbor 1st g 4s Julv 1995 O F14,000 Ark A Memp Bdge A Term 1st 5s. 1964 M 457,000 Armour Be Co. 1st real estate 4H« 1939 J 1st M 4s s f ser B( Del.)... 686,000 1955|F 1st M s f 4s ser C (Del).. 1957 J 549,000 1950 J 94,000 Armstrong Cork deb 4s...... . FW Vnnt.nntoo natr* Sale 106** 107** 38 74 Sale Sale 1035* -a.--. 103** 995* 985* 105** Sale Sale Sale Sale 40 97 104 i Sale v Sale 38 69 ! 1 Mar. Mar. 24 42** Mar. 74 Mar. 36** Jan. 69 Mar. 1035* Mar. 11 10354 Mar. 1035* Mar. Mar. 94** Mar. 95 Mar. 1035* Mar. 30 103** Mar. 17 995* Mar. 17 99** Mar. 103 25 1055* Mar. 103** Mar. 103 Mar. 94 J* Mar. Mar. 95 in. \ 42** Mar. 11 74 105 Mar. 1 Jan. 27 104** Feb. 26 100** Jan. 29 99** Mar. 5 108 Jan. 20 22 N. Y. STOCK Sales in March Value BONDS N. 7. STOCK EXCHANGE Inter st Period $ 737,000 22,000 285,000 11,000 53,000 9,000 261,000 18,000 38,000 62,000 3,000 24,000 30,000 530,000 f 408,000 280,000 176,000 86,000 28,000 60,000 19,000 3,000 6,000 ConT g«s of1949......... .....1955 J Rocky Mt dlT 1st 4s A......-.1965 Trane-Cont Short Line 1st 4s gl958 Gal-Ariz 1st k ref454* ter A ...1962 Atl Knox k No let g5s..........1946 Atl Ac Char Air Una 1st 454* A..1944 1st 34-year 5s eerB..... 1944 Atl Coast L 1st cons 4s ..July 1952 General unified 4H* series A..1964 L Ac N collet gold 4s Oct.. 1952 10-yr coll tr 5s May 1 1945 Atlantic Ac DanTllle 1st g 4s .....1948 ....... v ,9,000 • 157,666 58,000 : 11154 113 54 ----- J D J J 113 119 110 J J 114 MS M S 114 114m 10554 10554 D 99 m Sale 98 m Sale M N J Atlantic Refining deb 5s... 1987 r Auburn Automobile conT deb 4 54# *39 J j Austin k NW let g 5s guar ......1941 j j J J Bait At Ohio 1st g 4s July 1948 AO Refund Ac gen 5s ser A..... .1995 J D 1st gold 5s.......... ....July 1948 A O Ref and gen 4s, series C. ...... 1995 J D PLBkWVaSys ref g 4s 1941 MN Southwdlt lst3Hs at 6% ....1950 J J J J M 8 F A M 8 J J J J Battle Greek Ac Sturgls gu 8s....1989 j"d Beech Creek Ex ten 1st g >H«.. .1951 A O Bell Telephone of Pa 1st 5s B....1948 J J First Ac ref 5s series G ........1960 A O cons ♦Debenture 6e__ ....1955 A O Berlin Elec Eler Ac Undgrd Rys— .... 105 54 Sale 60 6154 55 Sale 10254 83 54 88 10654 5354 83 k 102 106 54 -... 105 >1 108 54 Sale 90 54 Sale 115 54 Sale 10054 10154 10351 104 10754 Sale 97 89 54 77 H 89 m 98 Sale Sale Sale 11554 11054 Sale 11354 115 77 54 104 — 12054 12054 Sale 131 104 — 2154 2354 2154 Sale 2154 21 54 11,000 ♦let 6Mis......... .....1956 A O 2154 23 651,000 Bethlehem Steel 454# series D...1960 J J 105 54 Sale 995,000 Cons mtge 3H* series E.......1966 AO 9954 Sale 4,000 Big Sandy Ry lat mtge 4s....... 1944 J D 112 ..... 444,000 277,000 245,000 72,000 627,000 140,000 34,000 342,000 885,000 8,000 Boston Ac Maine 1st 5s ter AC...1967 M S 1st mortgage 5s series 11......1955 MN 1st g 4J4s series JJ...........1961 {♦BostonAc NY Air Line 1st gu 4sl955 ♦{♦Botany Cons Mills sec e f 6 Ha 1934 ♦Certificates of deposit........... Brooklyn City RR 1st 5s.. ...1941 A O F A AO A O J J J stamped...............1941 J 86,666 Brooklyn Union El 1st 5s.... 1950 FA 103,000 Brooklyn Union Gas Co 1st g 5s.1945 MN ; ;; 54,000 106,000 142,000 127,000 18,000 39,000 28,000 375,000 25,000 32,000 11,000 122,000 67,000 138,000 3,000 34,000 229,000 89,000 194,000 141,000 190,000 26,000 114,000 236,000 128,000 138,000 861,000 215,000 108,000 184,000 351,000 4,000 34,000 34,000 20,000 13,000 , > 8354 Sale 85 54 8754 27 H Sale 34MS Sale 34 100 54 Sale Sale Bklyn Edison cons mtge 354*-—1966 MN 10554 Sale Bklyn Manhattan Transit 454#—1966 M N 104 Sale Bklyn Queens Go Ac Sub gtd 5a.. 1941 MN 7854 81 1st 5s 1st lien Ac ref 4a ser A.........1947 M N Debentures gold 5s ..........195# J D 1st lien Ac ref 5s series B.......1967 MN Brown Shoe s f deb 3KS.........1950 F A Brunsw At Western 1st gu g 4s...1938 j Buffalo Gen Elec 454* ser B......1981 F j A BuffRoch Ac Pitts gen 5s........1937 M 8 ...1957 M N Consol4Hs....... *{♦ Burl Ced Rap & Nor 1st 5s...l934 AO * Certificates of deposit........... {♦Bush Term Bldgs 1st 5s gu. .1960 AO By-Product Coke 1st 554s ser A. 1945 m n Cal Gas Ac El Corp unlf Ac ref 5a..l937 MN Calif Packing conT deb 5s......1940 J J Camaguey Sugar Co— ♦1st 7s ctfs of deposit... .1942 Canada Sou con gu 5s ser A.....1962 AO Canadian Nat gold 4Mi 8 J 1957 J Guaranteed gold 5s......July 1969 3 J Guaranteed g 5s..........Oct 1969 AO Guaranteed g 5s..............1970 FA 122 54 F M J J Collateral trust gold 4Hs 5s equip trust ctfs......... 1946 M 1944 J Collateral truat g 5s 1954 J Collateral trust 454« 1960 J {♦Carolina Central 1st gu g 4s.. 1949 J 10554 Sale 108 H 109 106 10654 —-r r ..... 90 27 21,000 ♦Cent Br Un Pac 1st g4s.. .1948 3,000 {♦Cent of Ga Ry 1st g 5s...Not. 1945 ♦Consol gold 5s.. ............1945 226,000 ♦Ref At gen 554* series B......1959 346,000 ♦Ref Ac gen 5s series C.. 1959 641,000 ♦Chat D1t pur money g 4s 18,000 ..1951 ♦Macon At Nor D1t 1st g 5s 1946 .—. 103 Sale Sale - 75 2954 88 Sale 6154 63 10254 10254 10354 10554 10454 10454 3554 Sale 11554 Sale 11854 11854 S Sale Sale J D J 103 115 10954 Sale 10554 Sale J D 10554 11054 411 105 106 9154 Sale ID 37 FA 7854 82 3154 3454 2154 Sale 21 2154 26 2954 23 2654 1954 Sale 2354 30 MN AO A O 1 D J J ♦Middle Ga Ac Atl D1t pur m 5s. 1947 J J ♦MobileD1t 1st g 5s.. J .1946 3 Central Foundry 1st mtge 6s....1941 M S General mtge 5s .1941 M S 95,000 35,000 Cent Hudson G Ac E 1st Ac ref 354s *65 MS 186,000 Cent 111 Elec Ac Gas 1st 5s.....„i.l951 PA "2,666 2o",66o 38 173 180 10854 3illI 104 10454 . i 42,000 132,000 155,000 21,000 375,000 11,000 434,000 68,000 31,000 161,000 71,000 1,043,000 122,000 100,000 166,000 464,000 218,000 22",666 Central Illinois Light 3 54s......1966 F {♦Central New Eng 1st guar 4s..1961 4 A Central of N J gen g 5s.........1987 J General 4s. ...............1987 J Cent Pac 1st ref gu g 4s........1949 F J A Through St l 1st gu g 4s.....1954 O ... J Guar 5s...... I960 FA Gen RR Ac Bkg of Ga col tr g Ss.1937 M N Central Steel 1st sink fund 8s.__1941 MN Certain-teed Prod s f g 554s A...1948 m 8 Champion Pap Ac Fibre deb 454*_1950 M S Ches Corp coot col tr g 5s May *51947 m N 10 year conT coll 5s...........1944 J D Ches At Ohio 1st cons g 5s 1939 m N "6354 "64"" 86 Sale 75 Sale 112 11254 10854 10954 104 92 Sale 95 12554 "Sale 93 54 Sale 10754 Sale 146 129 154 135 10854 Sale General gold 4M«...»,. 199} m 8 Ref At Impt mtge 3Mis ser D....1996 MN 127 Ref At impt mtge 354# ser E....1996 F A Craig Valley let g 5s.....May 1940 3 Potts Greek Br 1st 4s......... 1946 J R At A D1t 1st con g 4s........ 1989 J J 10254 Sale 11054 11154 11854 11554 11154 2d "i",66o A J J J gold 4s....... .1989 J J Warm Springs Valley 1st g 5s .1941 M 8 For footnotes, aee page 30. con Bid March Ask Bid 31 Ask RANGE SINCE JAN. 1 Lowest Highest Lowest Sale Prices Sale Prices Sale Prices < 11154 Sale 10754 Mar. 17 11154 Mar. 1 10754 10654. Sale 10654 Sale 102 102 Mar. 22 107 Mar. Mar. 23 10754 Mar. Mar. 10654 Mar. 18 108 Mar. 107 Mar. 15 108 Mar. 10554 Mar. 16 107 4 102 102 10954 Sale 10454 10654 10354 Sale 108 10954 107 10954 10754 10954 108 Sale 107 Sale 10554 10954 10854 Sale 10854 Sale 10854 Mar. 10654 —-v- 10654 Sale 10654 Mar. Mar. 11054 111 11154 ----- 111 111 Sale 111 112 111 Mar. 11854 Sale 112 11854 Mar. 111 110 Mar. 11154 10954 110 116 Sale 11154 Sale 11154 Mar. 10354 Sale 10154 Sale 10054 Mar. 9654 Sale 9254 Sale 9254 M^r. 95 Mar. 9654 Sale 9554 Sale 10554 Sale 10454 Sale 10254 Mar. 54 Mar. 6754 58 5454 Sale 5054 4654 Mar. 5154 4654 Sale 80 Sale 76 Sale 7454 Mar. 101" 32—— 10054—- 10054 Mar. 75 Mar. 8354 Sale 50 80 10754 10554 10754 10554 Mar. — 10654 10654 10654 Sale 9254 Sale 11354 Sale 10554 10654 10654 10554 10654 106 106 Sale 10554 9054 Sale 8954 Sale 110 10254 Sale 10454 Sale 10554 Sale 10054 Sale 10354 Sale 105 Sale 99 — 9554 92 7954 9154 114 54 11054 11254 77 9954 11854 127 104 111 12854 10254 Sale 10654 Mar. 18 10954 Feb. 3 1 107 105 4 110 28 108 Jan. Jan. Jan. Jan. Jan. 1 10954 Mar. 3 10854 Mar. 1 111 22 10654 Mai?. 15 10654 Feb. 24 107 2 11154 Mar. 9 1 11254 Mar. 16 1 11854 Mar. 18 111 22 116 23 104 24 97 18 9654 24 10554 1 Mar. Mar. Mar. 8 1 Mar. 6 Mar. Mar. 8 1 5 19 58 Mar. 2 31 29 5054 Mar. 2 80 1 Mar. 25 101*32 Mar. 10 17 83H Mar. 16 10754 Mar. 1 3 110 Feb. 24 113 111 Mar. 1 113 11854 Mar. 1 11854 110 Mar. 18 11154 11154 Mar. 22 116 10054 Mar. 23 10554 9254 Mar. 24 9954 95 Mar. 18 9954 10254 Mar. 24 10654 54 Mar. 19 6054 4654 Mar. 31 54 7454 Mar. 29 8354 10054 Mar. 25 102 75 Mar. 17 8554 10554 Mar. 16 10754 Mar. 16 10654 Mar. 22 10654 Jan. Mar. 22 10654 Mar, 20 Mar. 23 10654 Mar. 15 Mar. 23 9354 Mar. 8 Mar. 18 11354 Mar. 1 Mar. 27 103 Mar. 17 19 10654 10554 Jan. 14 10654 10554 Mar. 23 108J4 8954 Mar. 23 9454 110 Mar. 18 11654 99 Mar. 27 10354 10254 Mar . 24 105 10254 Mar. 22 10754 88 Mar. 15 9954 8954 Mar. 22 9354 75 Jan. 26 8254 89 Mar. 22 9354 114, Feb. 18 116. ----- Sale 122 Sale 120 Mar. 23 127 Mar. 1 120 Mar. 23 131 6 29 9 16 Feb. 3 Jan. Jan. Mar. 7 4 1 Feb. 9 Feb. 9 Jan. Jan. Jan. Jan. Jan. 8 18 20 7 Jan. 9 Jan. 7 Jan. 5 8 Feb. 2 Jan. 12 Mar. 22 Mar. 26 Jan. 4 Jan. 22 Jan. 8 Jan. 20 Jan. 18 5 25 16 10 18 Jan. 25 Mar. 2 Jan. 21 Feb. 23 Feb. 15 Jan. Jan. Jan. Mar. Jan. Jan. 20 'Jan. 2 104 2054 1954 1954 Sale 2354 Sale, 2454 Sale 104 54 Sale 20 10354 97 V Sale 9554 104— —107 8854 9054 8354 3154 3 —- 2354 Sale 24 8 Highest Sale Prices Jan. 2 Mar. 17 116 Mar. 22 112 Jan. 5 Mar. 23 112 Jan. 5 10254. Mar. 24 10454 Mar. 1 Mar. 1 IO254 Mar. 22 106 88 Mar, 15 Sale 9454 Sale 9554 Mar. 1 Sale Mar. 4 8954 Sale 8954 Mar. 22 93 Sale 8054 Sale 7854 Mar, 2 8254 Mar. 10 89 Mar. 22 9354 Mar. 4 Sale 8954 Sale Mar. 16 11454 Mar. 8 11554 11254 114 105 Mar. 30 11054 Mar. 2 105 Sale 101 105 Mar. 30 110k 11454 11054 11054 11054 Mar. 24 11254 Mar. 10 11054 Mar. 24 11654 7854 76 Mar. 3 7654 Mar. 8 77 76 Jan. 18 7854 10254 10254 Feb. 20 10354 Sale 11754 Sale nr""Mar."36 II854 Ma'r."! 11554 Feb. 18 12154 Sale Sale Sale Sale 2154 2154 21 Sale Sale Sale Sale 87 Sale 8754 Sale 8254 Sale 27 2854 37 Sale 3454 Sale 3654 Sale 35 Sale 9754 9554 Sale 10254 Sale 9954 Sale 10154 Sale 100 Sale 7354 7854 —— 74 85 9354 89 11254 11354 109 Sale 116 11854 115 Sale 125 Sale 12154 12154 10454 Sale 10354 104 108 10854 10754 Sale 105 10554 10354 Sale 10154 10354 101 k 10354 10854 109 10854 101 100*32101 9154 Sale 87 Sale 30 32 2654 Sale 3054 Sale 2654 Sale 88 8554 88 67 Sale 69 7054 6354 Sale 6554 Sale 10354 10354 103'* Sale 10254 10554 101 10454 10454 10354 Sale 20 Mar .13 26 Mar. 3 20 1954 Mar. 17 1854 Mar. 16 25 1854 Jan. 12 1854 Mar, 16 20 Mar. 12 Mar. 2 2454 Mai1. 3 2454 Mar. 5 10254 Mar. 23 105 9354 Mar. 23 98 107 Mar. 31 107 8554 Mar. 23 86 Mar; 23 8254 Mar. 20 2854 Mar. 22 33 33 95 Mar. 22 Mar. 18 Mar. 8 Mar. 4 Mar. 3 Mar 31 . 90 91 Mar. Mar. 8554 3254 4154 4154 Mar. 11 Mar. 5 Mar. 4 Mar. 4 96 Mar. 25 9854 Mar. 23 10254 Mar. 9854 Mar. 12 10254 Mar. 73 Mar. 22 75 Mar. 8 8 1 2 5 " Mar. i3 26 Mar. 3 25 Mar. 2 2454 Mar. 3 20 Mar. 12 2454 Mar. 10254 Mar. 23 10654 Jan. 5 8 2 9354 Mar. 23 9954 Jan. Jan. 107 Mar. 31 112 6 Mar. 8 Feb. Mar. Feb. 33 Mar. 33 Mar. 95 Jan. 9854 Mar. 23 10554 Jan. 23 11 16 4 4 18 4 2 4 4 21 8354 Jan. 8554 Jan. 7954 Jan. 2654 Jan. 90 9154 8554 3454 Mar. 22 4154 Mar. 18 4154 Mar. 8 10154 9854 Mar. 12 104 Mar 22 83 73 . Jan. Jan. 2 16 — — —... —— , 3054 Sale 3054 Sale 11854 11954 11554 11654 11554 11654 Sale 121 11854 Sale 116 Sale Sale ..... . 19S1 J 10354 12054 12054 11854 A 11654 S 11554 J 12754 J 9854 Caro Clinch At Ohio 1st 5s. 1938 J D 1st Ac con g 6s series A.Dec 15 1952 J D Carriers Ac Gen Corp deb 5s w w.1950 MN Carthage At Adlr 1st gu g 4s Sale 13151 June 15 1955 J D .....1956 1951 Canadian Northern guar 654*—1946 Canadian Pac 4% deb stock........ 9354 1135^ 2454 {♦Bush Terminal Co 1st 4s 1952 AO ♦Consols* J ................1955 J Guar gold 454*.. Guar g 454s Guar g 454* ..... 109 March 1 —... 11154 MN J J gtd g J5i« 1943 i 36", 000 * Berlin City Electric deb 654#..-1951 J D 28,000 ♦Deb sinking fund 6KS.......1959 F A 45,000 ..... 1 J Belrldere Del 111 111 J J ... 116 J Second 4s._ ..................1948 J Atl Gulf Ac WISS Una coll tr As.1959 J 361.000 111,000 T©1 Cln D1t 1st Ac ref 4s ser A..1959 268,000 Refunding 5s series D........2400 1,422,000 ConT g 4M»s ............. 1960 619,000 Ref Ac gen 5s aeries F..........1996 11,000 Bangor Ac Aroostook RR 1st g 5s '43 37,000 Con ref mtge gold4s 1951 39,000 4s stamped........^...........l951 Ask Sale J 12,000 Baldwin Locom Works 1st S f 5s..l946 MN 21,000 5s assented... ..............1940 426,000 613,000 260,000 315,000 135,000 1937 109 106 110 108 111 11054 Sale 106m D Com g 4s of 1945.......... 1955 J D ConT g 4s of 1914 ...1960 J D ConT deb gold 4Mis ........1948 D J PRICES IN MARCH Price Jan. 2 Bid Atch Top Ac S F gen g 4c .......1995 A O Adjustment 44c July 1 1995 Not Stamped 4s..........July 1 1995 MN EXCHANGE—BONDS 11154 Sale 115k Sale 11654 Sale 11654 Sale 114 Sale 11254 Sale 112 Sale 12354 Sale 96 9254 10854 10254 8054 10454 10954 105 V 109 10654 105 9154 — 39 Sale 30 24 40 2054 30 — 110 103 103 10154 Mar. 15 2754 Mar. 9 3 6 8 3254 Mar . 16 115 11454 11454 11254 11054 11054 12054 8954 10254 Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. 17 23 18 17 22 17 18 16 8 3 11654 11654 11454 11254 Mar. Mar. Mar. Mar. 112 Mar. 1 Mar. 3 Mar. 1 Mar. 29 124 96 104 2 5 1 8 5 6 Mar. 15 Mar. 2 Mar. Mar. Mar. Mar. Mar. Mar . 37 Mar. 8 2054 Mar. 23 1954 Mar. 23 7854 3654 2354 2354 Mar. Mar. Mar. Mar. 2 6 8 8 38 39 Mar. 1 3554 Mar. 22 7854 Mar. 2 31 Mar. 22 Mar. 10 35 2l 5" "Mar ."24 Sale 110 10354 10254 Mar. 23 106 8 Mar. 10 Mar. 2 Sale 103 Mar. Mar. 6 4 7554 Mar. 8 244 Mar. 23 125 10254 Mar. 30 104 10054 Mar. 24 106 69 Mar. 31 Mar. 1 Mar. 3 Mar. Mar. 4 4 10654 13654 12054 10754 11854 9654 9654 Sale 128 Sale Sale Sale Sale Mar. 10 Mar. 10 Mar. 5 Mar. Mar. 1 4 Mar. 8 Mar. 12054 Mar. 27 137 Mar. 10654 Mar. 24 108 11654 Mar. 20 12154 Mar. 5 1 131 95 Mar. 27 156 Mar. 17 9554 Mar. 18 9954 Mar. 9954 Mar. 2 1 1 — 11154 _____ -..- 10754 2 11454 Mar. 27 12254 Jan. 12054 Mar. 23 13254 Jan. 22 Jan. 6 10354 Mar. 24 106 10754 Mar. 18 109 113 54 Mar . 22 116k Mar.'"3 11354 108" Mar ."30 108'"Mar ."30 Jan. 10354 Mar. 31 10654 Jan. Feb. 10154 Feb. 8 102 Jan. 10854 Feb. 3 110 10054 Mar. 23 101"j2Mar. Feb. 85 Mar. 25 93 Feb. 2654 Mar. 29 32 31 Mar. 2654 Mar. 31 88 Feb. 85 Jan. 13 83 Jan. 66 Jan. 27 6154 Jan. 4 7354 Feb. 10254 Jan. 7 10354 Mar. 10254 Mar. 6 10354 Jan. Jan. 10354 Mar. 31 105 42 5 6 10 23 9 4 19 6 4 20 4 3 6 21 Jan. 12 Mar. 16 11954 Jan. 29 2754 Mar. 115 10954 Mar. 113 Mar. 11454 Mar. 11454 Mar. 112H Mar. 11054 Mar. 11054 Mar. 12054 Mar. 8954 Mar. 10254 Jan. 9 Jan. 6 18 11854 Jan. 14 22 17 23 18 17 22 17 18 2 116 121 Jan. 5 121 Jan. 13 11854 Jan. 11654 Jan. 11 2 116 Jan. 5 12854 Jan. 9 9954 Jan. 8 104 Jan. 18 110 Mar. 23 11554 Jan. 11 3 10754 Mar. 18 11054 Feb. 101 Mar. 23 10554 Jan. 2 7254 Jan. 8 8354 Mar. 8 11454 Mar. 30 10554 Jam 13 Jan. 11 10854 Mar. 19 111 l65 Jan. 5 10654 Jan. 11 Jan.,18 ,8954 Mar. 3 93 3554 Mar. 22 7854 Feb. 16 31 Mar. 22 1854 Feb. 5 1854 Jan. 26 2954 Jan. 7 40 81 Jan. Jan. 3654 Mar. 2354 Mar. 2354 Mar. Jan. 5 40 31 1954 Jan. 2 2354 Jan. 24 Mar. - 1 67 6954 Mar. 31 83 6654 6654 Mar. 29 7254 Sale 10654 Mar. 22 110 Mar. 30 107 10454 104 99 Mar. 24 10354 Sale 88 Mar. 23 r93 9554 Sale 12354 Mar. 17 125 Sale 8554 Mar. 23 9554 10754 10554 Mar. 18 10754 9954 8954 12454 8854 — V:ii 85 Mar. 24 7254 Mar. 20 10254 Mar. 18 10354 Mar. 10254 Mar. 6 10254 Mar. 10354 Mar. 31 10454 Mar. 225 Sale -— dll654 Sale 112 11454 63 Mar. 24 Mar. 1 Mar. 30 "2054 Mar."24 "21H Mar,""2 70 1 107 2 30 Sale — —— 85 67 110 Mar. 23 11454 10754 Mar. 18 10854 101 Mar. 23 10454 8354 Mar. 8 8354 10454 Mar. 30 10454 10854 Mar. 19 10954 Mar. 17 10654 10554 105 88 8954 Mar. 3 9054 70 10754 —. Mar. 10854 Mar. 24 10954 Mar. 20 10054 Mar. 23 1012'3zMar. 9 85 Mar. 25 93 Mar. 12 Mar. 2 2654 Mar. 29 30 Mar. 6 2654 Mar. 31 31 Sale Sale 8354 10454 Sale — Sale --- 9 8 Sale 3254 36 7854 3154 3254 2154 Sale 2154 Sale 32 3554 — 2154 Sale 2054 Sale 109 Sale 10354 Sale 11454 Sale 10554 10354 Sale 10554 106 72 Sale 8254 Sale 72 7254 10954 Sale 10754 10154 Sale 9254 9354 12354 12554 9554 Sale 10754 10754 148 Sale 13254 108 Sale 121 Sale 9954 Sale 9954 Sale 10854 Mar. 10554 Mar. 2 102 Sale 111 201 1 8 111 Sale Sale 2154 3354 4 Mar. Mar. 126 106 4 1 1 1 Sale 39 25 Mar. 113""Mar ."3 10754Mar ."18 il5k JanT"20 11754 Mar. 11554 11554 Sale Sale 10854 10454 7754 10454 10854 10554 9054 35 102 27 23 24 18 31 11554 11554 11354 111 114 3654 7854 Mar. Mar. Mar. Mar. Mar. 3 Sale — 11454 12054 10354 10754 10354 Mar.16 11854 Mar. Mar. 11054 Sale 10954 Mar. 22 112 Mar. 18 11554 Mar. 11354 11454 113 12154 Sale 10354 Sale 107 54 Mar ."18 7 34 5 244 107 Jan. 5 12554 10254 Mar. 23 109 10254 Mar. 30 10454 10054 Mar. 24 10854 63 Jan. 4 7554 6954 Mar. 31 8854 30 172 88 120 Feb. 25 22. Jan. Jan. Mar. Mar. 23 Jan. 13 22 8 28 Jan. 21 Feb. 2 Jan. 14 Mar. 8 Jan. 11 7854 Jan. 20 II254 Jan. 6 10854 Jan. 5 104*4 Jan. 8 9554 Mar. 10 12554 Jan. 2 9654 Feb. 11 Feb. 23 8554 Mar. 23 10554 Mar . 18 108 131 Mar. 27 156 123 7 6 8 8 Jan. Jan. 66k Mar. 29 10654 Mar. 22 104 Mar. 30 99 Mar. 24 12 54 Mar . 27 137 10654 Mar. 24 109 11654 Mar. 20 12854 95 Mar. 17 10254 9554 Mar. 18 10254 11054 Jan. 27 111 11154 Jan. 18 11154 Jan. 5 Mar. Jan. Jan. 8 8 7 Jan. 4 Jan. Jan. 4 4 Jan. 20 Jan. 11354 Mar . 22 12054 Jan. Jan. 11254 Feb. 27 115 29 .108 Mar. 30 108 18 19 Mar. 30 N. T. STOCK April, 1937] BONDS Jan. 2 Value n. y. stock exchange 1937 Bid $ > 115,000 Chic Ac Alt RR ret A 3a 1949 209,000 Chic Burl Ac Q 111 Div 334* 1949 Illinois Division 4a 54,000 ....1949 Ganaral 4a 280,000 1958 1st & raf 434s *erlas B 139,000 ...1977 lit Ac ref 5s series A.......... 1971 166,000 3,000 ♦{♦Chic 9c B 111 1st cons A 4l 1934 ..... ..... A O J J J J M S F 57 A 114 F A 11834 A O ......1983 MN 7,000 Chic Gas I At C 1st Au A 5s 1937 J J 1,689,000 {♦Chic Gt Western 1st 59-yr 4s...1959 M S 32,000 Chic Ac Erie 1st Aold 5s 30,000 {♦Chic Indlanap Ac Loulsv rf A 4sl947 J J 5,000 ♦RefundinA Aold 5s ser B 1947 J J 3,000 ♦RefundtnA 4s series C 1947 J J ♦1st Ac Aeneral 5s series A......1944 MN 125,000 J ♦1st Ac Asn 4s series B 62,000 May 1946 J 40,000 Chic Indiana Ac Sou At-yr 4s 1954 J J Chic L S Ac East 1st 4 34* 1969 177",000 ♦Chic Mil Ac St P Aen A 4s ser A..1989 J ♦Gen A 334s series B 21,000 May 11989 J ♦Gen 434 s series C 179,000 May 11989 J ♦Gen A 434s series R 60,000 May 11989 J ♦Gen 55,000 434s series F May 11989 J 2,588,000 {♦Chic Mil St PAt Pac mtgeis serAl975 F ♦Conv adj 5s..... 1,630,000 Janl 3080 A 81,000 {♦Chic & No West Aen 334s 1987 MN 122,000 j ♦General 4s ....1987 MN 29,000 ♦Stpd non psyt Fed inc tax. 1987 MN 20,000 ♦Stpd Aen 4Ms non-pay inc taxl987 MN ♦Gen 5s stpd non pay inc tax. 1987 MN 44,000 ♦General 434s stamped 1,000 1987 MN 72,000 ♦♦16-year secured 634s.. .....1934 M S ♦1st At ref A 6s 141,000 ..May 3037 J D I D ♦1st Ac ref 434s stamped 367,000 May 3037 ♦1st Ac ref434s ser C 458,000 May 3037 J D ♦Cony 434s serlss A 2,496,000 1949 MN 99 105 Sale 3434 12234 10234 Sale 10134 44 38 4234 40 34 106 Sale 49 41 11034 11134 6234 Sale 5634 ;■ 2434 22 2334 6334 6534 69 67 34 67 70 7034 33 J4 12 Sale 37 "51"" 37 if* Sale 35 33* Sale 11* 1734 Sale 2334 82 Sale '41^ A 8134 J 4134 MS MN 2034 Sale 1834 Sale 1034 Sale 11334 9434 41 4034 3834 2434 Mar. 36 Mar. Mar. Mar. 39 Jan. 25 36 Jan. 25 20 Mar. 30 25 Mar. 21 Mar. 27 38 36 Mar. 25 40 37 Sale 40 Mar. 37* 37 Sale 42 48 45 34 5034 4934 46 48 S 87 Sale 90 Mar. 12 Mar. 22 1034 Mar, 22 4134 Mar. 25 4534 Mar. 30 46 Mar. 17 50 Mar. 47 Mar. 24 2 13 3154 Mar. 30 Sale 3054 Sale 3034 Sale 2134 Sale 3034 Mar. 29 3034 Mar. 30 2134 Mar. 18 71 3834 70 36 41 Mar. 22 Mar. 31 Sale Sale 76 4134 11234 .... 86 92 Sale 9234 Sale 8534 Sale 9134 39 Mar. 23 3734 Mar. 29 1934 Mar. 20 Mar. 1934 Mar. 1234 Mar. 10834 Mar. 3 18 12 23 23 66 II* 50 Mar. 23 9234 Mar. 31 84 Mar. 22 5 Jan. Jan. Jan. 19 21 25 Jan. 13 Mar. 17 4654 Mar. 4554 Mar. Mar. 23 Mar. 25 10034 Mar. 17 11054 Jan. 13 6054 Mar. 24 5434 Mar. 22 6534 Mar. 23 66 Mar. 16 66 8 8 Feb. Mar. 8 Mar. 25 Mar. 3 4534 Mar. 30 5 Jan. 7 Feb. 23 Feb. Jan. 20 8 Jan. 22 Jan. 25 Mar. 10 5734 Feb. 26 6934 Jan. 28 6934 Jan. 22 Mar. 23 Jan. 6 68 3034 Mar. 22 Mar. Mar. 11 5234 Jan. 5234 Feb. 5454 Jan. 11 47; Mar. 18 46 Mar. 17 9 50 Mar. Mar. 11 47 Mar. 24 56 Jan. 5154 Feb. 17 5354 Mar. 13 3054 Jan. 30 52 61 38 Feb. 18 Jan. Feb. 11 5134 Mar. Mar. 3734 Mar. 61 Jan. 27 3654 Feb. 3034 Jan. 28 3654 Feb. Jan. 4 30 3634 Mar. 363* Mar. 2 2434 Mar. 23 3 70 Mar 43 Mar. 6 29 Mar. 3 & Mar 41 23 2634 2234 2534 2234 1534 Mar. Mar. Mar. Mar. Mar. 6 4034 Jan. 1954 Jan. 6 18 Jan. 4 Jan, 27 Jan. 4 7534 Mar. 6 6 8 Mar. 25 "9734 Mar. 9934 Mar. 9034 Mar. 'il' 1934 1854 1034 10854 Jan. 4 8334 4334 4234 2634 im 22« 4 26 16 16 6 Mar. 6 18 8 Mar. 22 9834 Jan. 9954 Feb. 91 Feb. 16 10634 Feb.. 9254 Mar. 31 2 84 Mar. 10454 Mar. 22 Mar. 107 Mar. 27 113 Jan. Mar. Mar. 18 Jan. Sale 103 Mar. Sale 10034 Mar. 9934 Mar. 8534 Mar. 1055* Mar. 10534 Mar. 102 34 Mar. 103 103 40 Mar. 1 107 Mar. 1 107 Mar. 1 10734 Mar. 5 10934 101 Mar. 20 11034 10434 Mar. 19 10434 9954 Mar. 24 10754 107 Sale 10834 10834 5 108 Sale 107 54 10834 10734 Mar. Mar. 20 10634 10634 10234 Sale, 101 10434 Mar. 19 10454 10734 10434 Sale" 9934 Mar. 24 1035a 99 10334 Sale 107 Mar. . Mar. 10834 107 11154 Mar. 22 10854 10054 Mar. 18 10834 9934 Mar. 18 10554 8554 Mar. 12 94 Jan. 9 38 4034 9854 Mar. 23 10454 102 983* Mar. 6 Mar. 108 41 9954 Sale 6 Mar. Mar. 106 Sale 19 3 Jan. Jan. 109 102 18 19 Jan. Mar. 10434 10434 11 Feb. 19 11354 3 9254 Mar. 4034 Mar. 11 Jan. Mar Mar. 23 91 15 2454 Mar. 103 39 8 Jan. Sale Sale 8 Jan. un Mar. 105 10434 Mar. Mar. 10734 107 Sale 5 8 8 4454 Jan. 43 3934 2634 2634 10734 11134 8 8 18 Jan. 51 19 110 §i" 93 8 Jan. Feb. 10134 Mar. 16 10234 Jan. 4654 Mar. 29 5154 Mar. 5734 Mar. 4 683* Mar. 3 6854 Mar. 11 WA 4 Jan. 2 Mar. 25 124 34 118 Mar. 10 ; "99"* 10534 10634 104 Sale 109 10534 10734 Sale 10434 10534 Sale 10334 10134 10534 Sale Sale 102 1003* 91 9134 8734 38 Mar. 16 Sale Sale 110 9454 9734 9834 Mar. Mar. 22 Mar. 23 32 1234 Sale 24 100 3534 Jan. Mar. 17 10234 Mar. Sale Sale , Mar. 27 "5334 Mar." Sale 102 1 3634 Mar. 19 20 Mar. 30 20 9834 1942 MN Mar. 29 Sale 97 38 40 Sale D A Sale Sale 46 21 101 Mar. Mar. Mar. Mar. Mar. 22 D F m Jan. Mar. 17 Sale D 19,000 {♦Choc Okl At Gulf consol 8s.... 1952 H N "2034 _ 55 Jan. 25 5854 10634 Mar. 23 110 109 Mar. 22 11334 10754 Mar. 22 11734 10954 Mar. 29 11634 11434 Mar . 27 119 4634 4534 12054 10154 5134 2334 2134 1354 J Sale Mar. 101 Mar. 25 12034 118 102 105 34 10134 Mar. 16 4734 Sale 4654 Mar. 29 36 10 Mar. 11 Mar. 16 Mar. ~ Mar. Mar. Mar. 17 101 Sale J 93 5834 Mar. 23 10834 Mar. 22 11034 Mar. 22 11234 Mar. 29 11454 11434 Mar. 27 117 Mar. 22 21 J 10534 11234 113 11034 Sale 10834 109 10734 Sale 10534 Sale 5334 Mar. 22 40 2434 D M 55 Sale" 73 Sale 4134 22 J4 Sale 2034 Sale J 98 Sale 43 Sale 38 AO Sale 5334 Sale Sale F Sale 46 60 Sale Prices 21 2134 Sale 101 10234 10034 11054 112 Sale 61 6054 54 5734 5634 5434 Sale Sale 66 6534 Sale 66 7134 88# 71 7134 70 ;• 6934 Sale 3134 Sale 3034 > Sale Sale Prices 25 3834 4934 Sale 5034 Highest Sale Prices 112 Sale Sale Sale Lowest Sale Prices Sale 102 111 "68"" 46 Highest Sale 10634 11134 109 10934 10734 11134 1093* 40 68 8* it* S* 8* 4234 Sale §§** 66 3334 Sale 1034 Sale Ask RANGE SINCE JAN. 1 Lowest March 31 5534 5734 Sale 107 10834 Sale 10934 11034 10834 Sale 112 10934 115 114 10954 11454 11634 Sale 10034 10034 Sale" 4134 42 Sale 41 4034 118 12054 Sale Sale Sale j Ask Bid Bid 49 J ChicaAo Union Station— J Guaranteed 4s ..........1944 J 39.000 J 1st mtge 4s series D...........1963 J 93,000 J 1st mtge 334s series B.........1963 J 545,000 308,000 334s guaranteed .......1951 M S J 371,000 Chic Ac West Ind Consol 50-yr 4s. 1953 J 1st Ac ref mtge 434s ser D 482,000 ..1962 M S 1943 A O 159,000 Childs Co deb 5s 1st con Au A 4s - 2234 Sale 22 34 23 J4 ..... 190,000 Cine Gas Ac Elec 1st mtge 334S...1966 Ask Sale 37 H "38~r .... ♦{♦ChicaAo Rys 1st 5s stamped 23,000 AuA 1 1933 25% part paid 1937 504,000 {♦Chic RI At Pacific Aen A 4s 1988 ♦Certificates of deposit....... 24,000 977,000 •♦RefundinA Aold 4s 1934 ♦Certificates of deposit....... 493,000 620,000 ♦♦Sec. Aold 434s series A......1953 ♦Certificates of deposit.... 180,000 ♦Convertible Aold 434«———-I960 847,000 20,000 Chic S L Ac N O Aold 5s 1951 Gold 3 34* June 151951 36,666 Memphis Div 1st 4s...........1961 82,000 ChieT H At S'east 1st At ref 6s—194f Income Auar 5s 102.000 Dec 1 I960 March 1 10934 11224 Sale 11534 Sale 1,767,000 {♦Chic At E 111 Ry (new co) A As ..1961 MN ♦Certificates of deposit 404,000 ..... 5,000 Cln Leb At N PRICES IN MARCH Price Sales in March 23 EXCHANGE—BONDS Mar, Jan. 11 16 4 7 13 5 Jan. 9 Jan. 11 Jan. 11 Mar. 4 Jan. 5 1 10854 Feb. 6 Cincinnati Union Terminal— 1st mtge A 5* series C guar.... 1957 M N 1st mtge guar 334s series D 1971 M N J Clearfield Ac Mahon 1st Atd A 5s..1942, i 1,000 52,000 C C C At St L gen A 4s 1993 96,000 192.000 General 5s series B 21", 000 227,000 673,000 14",000 101,000 "1,000 1941 1963 1979 Cairo Div 1st gold 4s ........1939 Cin W Ac M Div 1st A 4s 1991 1940 M S J 1940 J Clev At Pitts gen gu 434s ser B..1943 A O Series B gu 334s.. 1942 AO J Series A gu 4341 1943 J Series C gu 334s..............1948 MN Series D gu 334s. 1950 F A A General 434s series A..... .1977 Gen At ref. mtoe 434s series B..1981 44,000 Clev Short Line 1st gu 434* 1961 131,000 Clev Union Term 1st gu 534s A..1972 1st s f A 6s series B guar.. 219,000 1973 1st s f 434s series C 1977 365,000 3,000 15,000 84,000 214,000 326,000 47,000 426,000 11,000 Coal Rlv Ry 1st gu 4s....... Colo Fuel Ac Iron Co gen s f J O O 1945 D 5s..1943 A Debenture 5s ........Apr 15 103 1952 A 113 111 104 107 106 10934 10534 ♦Debenture 4s...........JAcJ ♦Debenture 4s_... 298,000 ♦Consolidation Coal ............ s 10734 Sale" Mar." U Mar. 4 Mar."3i Mar. Mar. 10734 ollO 10334 110 11134 11134 10534 y Mar. 11 alio 9 1 Mar; 11 - —- 10334 10134 9134 10534 9734 97 Mar. Feb. Mar. Jan. Mar. 10554 Jan' "9 105 Jan. 9 9854 Jan. 10654 Jan. 15 8 15 103 Mar. Jan. 10454 Jan. 18 10234 Mar. 31 103 """Feb" 10754 Mar. 25 108 Feb. 10554 Mar. 22 11154 Jan. "i ' no 34 "Feb"." "5 11054 Feb. Sale 10434 Sale 10634 10334 Sale 109 11034 Mar. 25 2 1 113 Jan. 27 iil34 Jan""l3 104 Mar. 11054 Mar, 107 34 Mar. 105 Mar. 100 9134 Mar, 6934 Mar. 96 11034 Mar. 103 103 Sale 102 34 Mar. 104 10434 Sale 10854 10334 108 Sale 10034 Mar. 109 Mar. 10434 Mar. 10934 Mar. 1103* 107 10334 Sale Mar. 9434 Mar. 9934 Mar. 10434 Mar. 10634 9854 102H 10434 11334 10834 Sale 15434 Sale" 106 9834 Sale Sale 9534 10734 Sale 10134 10434 105 10534 10534 10554 Sale 104 34 10534 103 104 10534 Sale 102 10334 Sale 1934 10634 10634 10634 10434 10434 10934 10754 10834 15634 Sale" ----- Sale Sale Sale 36 9734 10434 40 1956 *66"" 39 39 Sale 105 Sale Sale 45 41 .*i.„ 45 6434 Sale 10634 Mar. 102 101 Sale Sale 3634 40 3634 3634 "40"" 6934 Sale Mar. Mar. 105 54 105 Mar. Mar. 106 Jan. 109 Mar. 8 Mar. 4 Mar. 3 Mar, 25 27 Mar. 16 Mar. '6 10334 Mar. 1 175 37 Mar. 31 41 Mar. 4 38 Mar. 18 4154 Mar. 8 Mar.1^ 4034 Mar; 15 7134 Mar. 20 1 Mar 106 Mar 10254 Mar 10034 Mar 183* Mar. 17 1854 Mar, 10554 Mar. 17 107 34 Mar. 102 Mar. 22 10534 Mar. 11 40 34 6454 Mar. 11034 102 Mar. "Mar." Mar 8 11234 Jan. 4 108 Mar. 8954 Jan. 20 6934 Mar. 17 7334 Mar. 10434 Mar. 10454 103 Sale 10134 Mar. 10334 Sale 37 102 108 1045* Mar. Sale im 22J4 39 .1 99 Sale 13 4 2 11 Mar. Sale 105 18 Mar 108 100 19 11634 Jan. 17 113 Jan. 18 11154 Jan. Mar. 22 10554 Jan. 10854 Mar 11134 Mar. Sale 7534 6534 113 10854 Mar. 11034 Mar. 104 % Mar. 10434 Sale - Sale 1-0734 108" 10734 Sale 96 9334 Sale Sale 6934 Sale Sale 104 10234 Sale 10634 3434 3434 f 5s.......1960 Mar-18 Mar. 30 Mar. 6 108 111 U234 11334 110 111 11234 11034 Sale 11534 11234 113 36 1955 ♦Debenture 4s.......... .AAcO 1955 Jan. 23 7 Jan. Mar, 19 Jan. 13 110 O .19's F A Sale 10434 10434 1948 AO Col At Hock Valley 1st ext A 4s ............ 10534 102 11054 Jan 16 1961 Debenture 5s... 10234 10334 10534 o ♦Wuerttemberg 1st 7s.........1956 5,000 .1951 286,000 Consol Gas Co deb 434s..... 1,677.000 Consolidated Oil conv deb 334s..1951 1954 28,000 {♦Consolidated Ry deb 4s.. 27000 111 Sale O 287,000 Columbus Ry Pow Ac Lt 4s_.__-.a965 MN 1951 A O 646.000 Commercial Credit deb 334 s 382,000 Commercial Invest Tr deb 334s..1951 1943 1,000 Conn Ac Passum Rlvs 1st A 4s Conn Ry At Lt 1st g 434*—.——1951 Stamped guar 434* .......1V51 187666 Conn River Power s f 3J4s A 1961 90,000 472,000 Consol Edison (N Y) deb 33is_..1946 334s debentures..............1956 485,000 Consol Hydro-Elec Works of Upper 47,000 113 102 103 O ♦5s income mtge ... .1970 Colorado Ac Southern 434s ser A. 1980 MN Columbia Gas At Elec deb 5s....1952 MN Col Ac Tol 1st ext 4s ~ 10734 11134 Sale 104 10334 Mar. 30 10434 1 10454 Mar. 10334 Sale 102 Sale Sale 9434 9634 9134 Mar. 18 9654 103 10534 10334 10434 9934 9434 '97 34 "Mar." 16 98 54 97 Mar. 19 100 9634 9834 10234 106 10834 101 103 10534 10234 Sale 10234 Mar 31 10234 107 10754 Mar 25 10754 10754 Sale 109 10734 Sale 10534 Mar 22 10954 9734 St Louis Div 1st coll trust A 4s.1990 M N 103" 10434 Mar. 2 Mar. 19 Mar, ;6 118 119 10534 10634 54,000 Cleve-Cliffs Iron 1st mtge 454S..1950 M N 153,000 Cleve Elec IUum 1st M 334s 1965 J J 5,000 107*" 10534 10334 Sale" Ref At imp 6s series G Ref Ac imp 5s series D Ref At impt 4 34s series E W W Val Div 1st g 4s 10534 10434 108 106 119 1993 Spring At Col Div 1st A 4s.. 110 Mar 4 Feb. 16 7754 Jan. 23 10534 Jan. 11 96 22 105 Feb. 23 10534 Jan. 17 11434 Jan. 11134 Feb. 26 115 102 Mar. 23 10854 9434 Mar. 22 10054 99M Mar. 18 10534 10434 Mar. 25 106 11234 Feb 1 11 11234 10454 Mar. 17 10754 101 Mar. 23 10834 Jan. Jan. Jan. Jan. Jan. 30 1 25 28 13 2 18 >7 30 Feb. 11 Jan. Jan. 11 11 Mar. 25 10654 Jan. 10154 Mar. 23 10754 Jan. 2 5 103 1854 Mar. 17 22 54 Feb. 15 5 10554 Mar. 17 10734 Jan. 102 Mar. 22 10754 Jan. 2 4 4134 Feb. 24 3554 Jan. 4 3534 Jan. 4154 Mar. 8 5 40 Feb. 17 3534 Jan. 5 7134 Mar. 20 3534 Jan. 6354 Jan. 26 4034 Mar. 15 Consumers Power Co— 101,000 132,000 390,000 114,000 83,000 64,000 8,000 330,000 68,000 57,000 1st lien Ac unif mtge 334s......1965 MN 1st lien Ac unif mtge 334s......1965 MN 197C MN 1st mtge 334s ......—1966 MN Container Corp of Am 1st s f A 6s.l946 j r> Deb gold 5s with warr 1943 J D Copenhagen Telep extl s f A 5s.. 1954 F A 1st mtge Crane Co s 334« f deb 334s ........1951 F A s f 4s.. ...1950 MN Crown Cork Ac Seal Crown Willamette Pap lstsf A 6s 1951 For footnotes, see page 30. I J 109 10734 10834 Sale Sale 15434 102 Sale 10234 100 102 103 101 10234 Sale 10634 10534 106 106 10534 Sale 10034 Sale Sale 10034 Sale 98 Sale 10134 10634 Sale 10334 Sale 10434 10234 100 Mar. Mar. Mar. Mar. Mar. Sale 102 Sale 102 Sale 1013 Sale 10154 Mar. 100 Mar. 97 54 Mar. 105 34 Mar. 10434 Mar. 102 10034 Sale 10634 107 105 10534 9934 99 34 97 54 Sale 100 ----- 9834 Sale Sale Sale 10534 10434 13 11034 Jan. 23 10754 Jan. 23 10834 Jan. 23 10354 Jan. 13 4 2 29 10154 Mar. 10434 Mar. 10254 Mar. 2 10534 9954 9934 9734 1 102 Mar. 18,105 Jan. 9 1 9 2 Mar. 1 Jan. Feb. Mkr. Mar. Feb. 7 9 10054 Mar. 10634 Mar. 10154 9954 9754 10554 10434 15 10334 Jan. Mar. 10634 Mar. 20 1 10354 Mar. 103 102 105 Mar. ; 1 5 Mar. Mar. Mar. Mar. 2 102 Mar. 18 103 Jan. 24 107 Jan. 23 106 Jan. 9 21 5 N. Y. STOCK 24 58 ■« Sales in March Jan. 2 1937 STOCK EXCHANGE 200,000 Cuba Northern Rye let 5 He 81,000 {♦Cuba RR let 50-yr g 5e ♦♦let fit refund 7He eerlesA 28,000 1942 J 1952 3 J J D J ~D 1936 1936 D ♦♦1st Hen fit ref 6s serlee B ♦Certificates of deposit— O Sale M N Sale 199,000 Dayton Pr at Lt let flt ref 3% 8—1960 1943 860,000 Del at Hud let & ref 4i Gold 5 He 1937 57,000 1971 6,000 Delaware Pr at Lt let M 4He 1st & ref 4%« — 198® 7,000 1st mtge gold 4H« ——1969 16,000 20,000 Denser Gas at El 1st 8c ref 5s—1951 Stamped as to Pa tax...---..—— A 861",000 J 3 J 3 4s..—1936 ♦♦Den at Rio Gr let cons g 59% Sale 55 58 64 64 Sale Sale 62% ♦Certificates of deposit 22,000 4,000 3,000 66% 63 56 MN 100% J J 105% J J 102 102 104 J J 107 Ji 106% 107% 106% Sale M N M N Sale" 36 % 18% 18% 31% 6% 46 Sale Sale Sale 6% 66% 104% Sale 94 Sale 35 Sale 35% Sale 213% Sale 1961 E—........1952 series D Gen at ref 5s serlee series F 1965 Gen at ref mtge 3Hs series G—1966 ♦Detroit at Mack let lien g 4s 1995 ♦1st 4s assented...———1995 Gen & ref mtge 4s ♦Second gold 4s_—. ..........1995 ♦2nd 4s assented.——--1995 F A A O A O 31% Sale M S J D 50 I D 35 — N 35 M N 22,000 Detroit Term at Tunnel 1st gu 4H »*61 A O 3,000 Dul at Iron Range 1st 5s...——1937 J J 61,000 {♦♦Dul So Shore at Atlantic g 5s.1937 J J 489,000 Duquesne Light 1st M 3%s__-—-1965 Dly 1st g 4s f948 Ga 1st g 5s .-1956 3d El 111 Bkn 1st con g 4s 1939 Ed El 111 N Y 1st cons g 5s 1995 Electric Auto Lite conv deb 4s—1952 Eastern Ry M No 88,000 5,000 10,000 95,000 5,000 76,000 Eastern Tenn Va at 4%s— 1965A 21 Paso at S W 1st at ref 5s O . r J Series C3Hs 1940 J J Erie RR 1st con at prior lien 4s—1996 J 3 1st consol gen lien 4s...——1996 J J Conv g 4s 8er A ............-1953 A O Series B 1953 A O Gen 755",000 602,000 11,000 8,000 2,000 conv ii~,666 5s ser 1927 —1967 1930 1975 Erie at Jersey 1st s f 6s...—1955 Genesee Rlv RR 1st s f 6s 1957 N Y 8c Erie RR ext 1st 4s 1947 — Ernesto Breda Co 1st mtge J J M N J M M M M D 8 S 8 8 J J D J J J f D M S ♦Certificates of deposit 105 135 91% mi Sale Sale 64% 104 % 104% 102% 102" " 102 101% 102% 103% 102% 76 76 X 82 Mar. 10 Mar. 8 Mar. 19 60 59 56 Feb. 1 Mar. 25 Mar. 30 24 94% Mar. 100% Mar. 30 106% Mar. 1 108 Mar. 30 18% Mar, 30 27% Mar, 23 38 Mar, 22 Mar. 21% Mar. 32% Mar. ! Mar. Mar. 18 108 Jan. 5 16 3 6 "36% "Mar."8 Mar. 6 8 108 106% Jan. 106% Feb. 18 107% Feb. 15 Feb. 5 36% Jan. 16 §!H it* Jan. 6 27% Mar. 23 2 Mar. 1 5 38 Mar. Mar. 30 23 Feb. Feb. 6% Jan. 6 6 1 "66" ' 50 Sale 62 Sale 104% 101% 102 158 Proof of claim filed by owner 45 Mar. 5 Mar. 10 111% Mar, 25 102% Mar, 61% Mar 102 Mar, 23 J? Mar. 2 Mar. 2 Mar. 19 115% Mar. 3 Mar. 19 Mar. 19 105 2 Mar. Mar. 15 135 29 Ill v Mar. Mar. 28 Mar. 10 111 Mar. 10 Ill' 5 Mar. 101% Mar. 25 105 115 III"" 4 111 112 109% 106" 105% 103 Mar. 18 105 103% Mar. 30 103% Sale z98% Mar. 17 103 Sale 85 Mar. 24 88% 89 85% Mar. 25 91% 90 85 Mar. 29 91 Mar. Mar. 4 Mar. 8 Sale Proof of claim filed by owner.... M N 3% 4% Sale 92% 35,000 Francisco Sugar coll trust 6s 1938 A O 5s..—.1949, J D 122% F A 102 Galv Hous at Hend 5Ha A Gas at Else (Bergen Co) Gen Amev Investors dab 5s ser A.1952 J s f g 5 H» A 1947 J 1945 3,000 ♦General Elec (Germany) 7a J D ♦Debenture 6Hs 2,000 1940 ♦S f deb t 6s. 1948 MN 22,000 General Motors Acceptance Corp— 620,000 10-year debenture 3s .......1946 507,000 15-year debenture 3%s_———1951 9,000 General Public Service deb 5Hs_1939 255,000 Gen Steel Castings 1st 5Hs w W..1949 Oct. 1945 4,000 {♦Ga at Ala 1st cons 5s ♦{♦Georgia Carolina 8c NorthernExtended at 6% to July 1 1934 1,000 8,000 ♦Good Hope Steel at Iron sec 7s. 1945 232.000 General Cable 1st 309,000 Goodrich (B F) Co conv deb 6s_.1945 J 1st mtge 4K« 593,000 ...1956 J 273,000 Goodyear Tire & Rubber 1st 5s-.1957 M 83,000 Gotham Silk Hosiery deb 5s w w.1946 M 1942 J Gouv at Oswegatchie 1st 5s J Gr R 8c 1 ex 1st gu g 4Hs 1941 Grays Point Teem 1st gu g 5s ...1947 J F 60,000 Gt Cons EI Pow (Japan) 7s 1st 8t gen s f g 6 Ha 97,000 97 98 108 115 105 105% Sale 40 Sale 40 Sale Sale 40 104% 105 105% Sale 96 Sale 40 J 45 86% Sale 118% 116% 112% II9" Feb. Jan. Sale" 103 4 Sale 82% 82% 117% 114% 116% 117% Sale 110 112% , 83 82% Sale 103 Sale 96% 97 94 '81% 82 Sale 19% 18% Sale Sale 4%# 5 4% 4% 104% 108 so 102 95 110 Mar. 18 106 Mar. 30 107 Mar. Mar. Mar. 1 Mar. 2 Mar. 97% Sale Mar Mar 15 103% Mar. 13 103% Mar. 4 23 104% Mar. 29 96 Mar. 3 3 105% Sale 101 Sale 104 8 Sale 104% Sale Sale Sale D 38 Mar.*"3 8 Jan. 2 Mar. 121145 Jan. 2 80% 64% Jan. 101% Mar. 102% Feb. 101% Jan. 102 Mar. 100 82 Jan. 82%Mar."II 20% Mar. Mar. 5 80 15% Feb. 15% Jan. 9% Mar. 19 9% Jan. Mar. Mar. 17 4 Jan. 3% Jan. 107% Jan. 2 5. 96% Mar. 22 20 19% 106% Sale 99% Sale 103% Sale 100 Sale -- 109% I— 109% 97 40 Mar. Mar. 106% Mar. 5 30% Mar. 23 32 Mar. 15 33% Mar. 6 Mar. Mar. Mar 102% Mar. 101% Mar. 103 Mar. 94% Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. 40 Mar. 25 Mar. 4 107 98% Mar. 18 101% 103% Mar. 13 104% 99% Mar. 31 104% 105 Mar. 30 Feb. 23 Feb. 23 Feb. 27 Feb. 9 Mar. 9% Jan. 5 13 Mar. 17 Mar. 2 Jan. 20 25 Jan. 12 Jan. 1005 29 1225 Jan. 12 Jan. 27 3 1025 Jan. 2 106' 40 Mar. 23 40 Mar. 15 Jan. Jan. 11 7 Jan. 2 J an. 2 2 Feb. 29% Mar. 16 Mar. 25 2 40 26 Mar. 30 105 Jan. 98% 103% 99% 103% 109% Mar. Mar. Mar. Jan. Feb. Mar. 2 11 13 40 Jan. Jan. 8 1 100% Mar. 23 105 Jap. 2 1 99% Mar. 23 1055 Jan. 8 1035 8 101% Mar. 29 Jan. 7 8 91% Mar. 29 975 44% Jan. 20 3 40% Mar, 17 44 30% Mar. 27% Mar. 13 Mar. 22 "2 161% Feb. 6% 6 5 11 20 107% 107% Mar. 16 108% 76% Mar. 30 87% 98% Mar. 10 Mar. Jan. 103% 102% 103% 104% 81% Feb. 11 87 Jan. 7 20% Mar. 5 Feb. 5 20 Mar. 105 105 96 Mar. 81% Feb. 16 1 44 28 Jan. Jan. 2 102% Jan. 110% 107% Mar. 16 108% Mar. Sale 76% Mar. 30 80 Mar. 45 44 Jan. 14 5 16 22 22 15 16 16 8 1175 Feb. Jan, 25% &0% 27% Sale Jan. 945 943 933 Jan. 4% Mar. 15 100% 99% 101% 91% 40% Jan. Jan. 2 102 % Sale 101% Sale 101 Sale 101% Sale 103 103% 101% Sale 92 Sale 92% Sale Jan. 89 9% Mar. 23 38^ Jan. 89 Mar. 96% 1 "Feb". *10 30119 16% Mar. 27 16% Mar. 24 95 18 Feb. Mar. Sale 5 Jan. Mar, Sale 5% 5% 4%.:;i5% Jan. 14 Mar. 5 1061 92! Mar. 20 19 5 28 Mar. 29 Mar. 28 111 Mar. 18 9 Jan. Mar. 10 113% 101% Mar. 25 105 156% Feb. 15 172% 110% Feb. 27 112 6 Mar. 8 23 88 30 118% Mar. 4 12 117% Mar. 31 12 112% Mar. 12 18 101% 101% lol" 3oi% 101 105% Sale 1055M Sale 105% 33 30 ^ 30% "I" 29 36% 32 33% 29% 32% 35% 30 Sale 1 Mar. 19 Mar. 3 104% — Jan. 22 52 Jan. 11 30% Mar. 2 2 107 18 13 31 13 18 Mar. 30 101% Jan. 105 Jan. 107% Jan. 103% Jan. 111 Jan. 4 4 15 13 27 ----- Sale 87% 93% 86% J 4 Mar."23 "88r*~Mar.~ 80 109% 108 sr 79 Sale ..-1944 1950 J Feb. 45 133% Mar. 15 139% Jan. 8 104% N A 5 Mar. Mar. Mar. Mar. *81"" 72 8% D J 7 Jan. 8 Ill Jan. 103% 104% 102% 103% 102% Mar Mar 100 104% 108 100% Sale D D 4 8 Jan.• Mar. 19 116% Jan. Feb. 13 107% Jan. Mar. 77 80 66 79% 66% Mar, 24 80% Mar. 2 103% Sale 101% 102% 101% Mar, 20 103% Mar. 3 Sale Mar. 31 103 102% 103% 102% Mar, 24 103 101% 102% 102% Mar 30 102% Mar. 30 42 52% 31% 31 7A Jan. Jan. 111 120 103 1 102% Mar. 10 102% Jan. 21 61 Jan. 8 72% Jan. 5 Jan. 2 102 Mar. 23 110 90 92 Sale ,"86% .. J J 107 J J 107% 110% 83% Sale 1956 M N iY.666 8,000 9% ♦Certificates of deposit Fort St U D Co 1st g 4H* 1941 Frameric Ind 8c Do* 30-yr 7Ha—1942 43*600 7% Mar. 111 % Mar."25 Il8%~Jan"l8 Mar. 30 Mar. 1 1982 ♦♦(Amended) 1st cons 2-4s 87,000 18,000 MN Jan. 12 110 P 18 32% 85 103% Sale 165" 8 18 22% Feb. 19 111% Mar. 27 116% 107 Mar. 16 110% 106% Mar. 24 111 101 Mar. 23 109% ♦{♦Fonda Johns at Glov ref 4HS.1952 6,000 95% Jan. 100% 101% Jan. 13 Feb. 9 104% Mar. 24 106 Mar. 25 5 104 101% Jan. 5 104% Mar. 30 106% Feb. 8 2 8 1 4 65% Jan. 26 26 Mar. 24 6 12 23 5 65 Jan. Mar. 23 24 105% Mar. 16 Mar. 25 13 104 Jan. 64% Jan. 72% Jan. 71% Jan. 66 1 101% 4 89% Mar. 110 83% 82% 18% Sale 18% Sale 1 Mar. 27 III" 115" Sale 85% 1 Feb. 18 104% Mar. 23 32% Mar. '30 34 Mar, 24 18% Mar, 59 Mar. 23 56% Feb. 62 115% 115 106 105% 106% 105 135% 133% 136% 133 Sale 110 110 106% Sale 101% Mar, 89% Mar. 100% Mar, 104% Mar, 101% Mar, 104% Mar, 107% Mar, 65 60 53 1 8 60 108 115 103 95 Mar. 25 Mar. 30 2 Mar. V 97% Sale 59 56 58% Mar. 59% Mar. 65% Mar. 1093 1053 115% 120 105 105 91% Mar. 23 56% Mar. 29 63% Mar. 19 62% Mar. 8 108 Sale 101 107 Sale 53 114 Sale 116% 91 Sale Prices 112% 111% Mar 17 Mar 16 107% Sale 107 106% Mar 24 107% Sale Sale 103 101 Mar 23 50 10 117% 112 103 101% 103 170 106% Sale Sale Prices 12 41 Sale 115 104 % Highest Sale Prices 45• 110% 108% IP Sale 45 103% 75 107% 107% 138% M N A O J J 118% Sale 28 41 .....1938 M S 103 62 % 7s 1954 F A 332,000 Fairbanks Morse deb 4s—.——1956 1942 6,000 Federal Lt at Tr 1st s f 5a— 5s International series......1942 1,000 First lien s f 5s stamped 1942 12,000 1st lien s f 6s stamped......—1942 31,000 30-year deb 6s aeries B 1954 27,000 ........1946 23,000 Flat deb s f 7s..— {♦Fla Cent 8c Peninsular 5s...—1943 195S 222",000 {♦Fla East Coast 1st 4Hs ♦1st 5c ref 5s ser A .....197<? 1,550,000 229,000 110 1953 A O 4s Series D. Ref at impt gold Ref at Imp 5s ser 3d mtge 4%«- 67% Lowest Sale Prices 9% Mar. 30 70 65 45 A O 106% 116% Sale MN J 3 J J F A 5s stamped ---1965 i 7 £666 Erie 5c Plttsb gen gu g 3Hs set B.1940 J 2,000 207,000 384,000 85,000 39,000 103 Highest 112 116% 1941 M N 114 A—-1951 J D 104 ——1946 J D 155 Elgin Jol at East 1st g 5s El Paso Nat Gas 4%s series Conv deb T, 000 50 Sale 105 19% 9% 10% Sale 47 66% 116% 117 109% 110% 111% '08% Sale Sale 104% 107% 107% 33% Sale 34% 29 19% Sale Sale 20 Sale 104 102 Detroit Edison— Gen & ref 4He 64% Sale 57 58% 59 65 60 60 Sale Sale 66 102% 90% 100% 100% 100% 105% 107% 104% ♦♦Consol gold 4H*. 1936 122,000 V A 253,000 {♦Dent at R Gr West gen 5s Augl955 ♦Assented (subject to plan)—— 439,000 AO ♦Ref 8c Imp mtge 5s ser B—...1978 326,000 {♦Des Molnee at Ft D 1st gu g 4s. .1935 Certificates of deposit 310,000 11 8 {♦Des Plalnes Val 1st guar 4He ..1947 101,000 21,000 154,000 99,000 Ask Ask Bid 58 Lowest March 31 March 1 Bid "i • RANGE SINCE JAN. 1 PRICES IN MARCH Price BONDS Value EXCHANGE-BONDS 95" Sale 92 Sale 92% Mar. 87 Mar. 8 5 95 92 Mar. 23 Mar. 17 27 95 Mar. 23 84% Feb. 13 92 Mar. 17 90""Jan. Great Northern Ry— r 97,000 166,000 98,000 147,000 426,000 1,958,000 818,000 ...1961 J Gen mtge 5H* Ser B..........1952 Gen mtge 5s Ser C........—1973 J Gen 4 Ha Series D 1976 Gen 4Ha series E 1977 Gen mtge 4s series G 1946 Gen mtge 4s series H..........1946 J J 1st at refund 4Ha Ser A J ........ 152",660 6,000 Greenbrier Ry 1st •230,000 "3",000 Sale J Sale J Feb ♦Income debenture ctfa B gu g 4a 55,000 Gulf Mob at Nor 1st 5Hs J Feb ♦Green Bay 8t West deb ctfa A.. II set 1940 M N 1950 A O 1956 A 1st mtge gold 5s series C Gulf 8t Ship Island ref 5a Feb 1952 J 116% Sale 116% Sale 114% 115 109% O J M ?1* 108 *94" - jP 105 J 124 92,000 ♦Hoe (R) 8t Co 1st mtge ....1944 A O 1937 MN 6,000 {♦Houaatonlc RR con g 5s.., 84 1937 J Hous Belt at Ter 1st 5s.....—1937 J Houat 8c Tex C 1st g 5s lnt gu " 9",000 For footnotes see page 30. 1 J J 29 77% 102% 101% 125% Sale 80 75 Sale 91 91 66 Mar. Mar. Mar. Mar. Mar. 5 iiuh 25 118% Mar. 31 114% Mar. 1 4 114% Mar. 110% Mar. 103% Mar. 18 114% 9 23 108% Mar. Mar. 23 106% Mar. 10 Mar. 10 Mar. 1 140 Mar. 31 111% Mar. 5 91% 91 97% Sale 96% Sale 103% 101 99% 103 103% 103 "Mar i"23 Mar. Mar. 3 4 106% Mar.. 1 3 2 13 Mar. 15 106% Mar. Mar. Mar* 24 103 Mar. "27 8 119% Feb. 11 115% Jan. 18 109% Jan. 8 108% Jan. 4 Mar. 140 118% Jan. 108% Mar. 9l"" Mar."27 ll" 106 Mar. 10 111% Feb. 4 Mar. 23 "l5"v*Jan""28 Mar. 106% Mar. 104% Jan. 4 1 2 106% Jan. 18 Feb. 9 99 Mar. 24 103% 90 Jan. 13 "§! Mar .~27 Mar. 22 99% Mar. Mar. 23 103% Mar. Mar. 23 105% Mar. 3 2 96% Mar. 22 99% Jan. 12 8 99% Mar. 23 105% Jan. 4 103 Mar. 23 105% Mar. 107% 106 107% 106 M^r. 23 107% Mar. 19% 27% 120 Sale 115% Sale Mar. 114% Mar. 23 120 91% Sale 95% Sale 91% Mar. 25 96% Mar. 84 Sale 80% Sale 80% Mar. 31 84% Mar. 8 106 1 5 2 114% Mar. 23 126% Jan. 101 ... 102 116% Jan. JYLar. 75 91% Sale Sale 105% ■ 12% 11% 12% "11" 106 106% Sale 105% 106% 104%. 105% 105 Sale 100 99 102% Sile 107% 110 J 1999 J Hock Val 1st coo g 4 Ha 60 107 ♦Harpen Mining 6s... —...—1949 J 1952 114 104% Sale J Hackensack Water 1st 4s 118% 103 105 I 23,000 75 Sale 108% 104% Sale 99% 100% 88% Stamped 1961 AO 266,000 Gulf States St'l 1st mtge 4Hs 131,000 Gulf States Utilities 4s series C..1966 A O 10-year debenture 4%s 101,000 1946 A O 35*666 Sale 114% 110% 111% 110% Sale Sale 116 114% Sale 110% Sale 110% 103% Sale 107% Sale 103% Sale Sale 102 105% 102% Sale 131 123% Sale 123% Sale 109 108% Sale 108% 114 101 Sale 100% Mar. 22 101 Mar. 1 Mar. 23 108 97% 86% 101% Feb. 11 102% 100% Mar. 22 101% 84 Jan. 2 80 Jan. 5 Feb. 9 8 Feb. 15 Jan. 27 Jan. 11 Jan. 4 f APRIL, 1937] = Sales in March Value N. Y. STOCK EXCHANGE-BONDS Jan. 2 Ask Bid 16*8,000 ----- —— ...... 19,000 /; 111 Cent ft Chic St L ft N O— Joint 1st ft ref 6s ser A....—.1963 J D 360,000 187,000 4Hs series G.................1963 J D 84,000 Illinois Steel deben 4 He 1940 ao Ind Bloomlntton ft W 1st 4s....1940 a 0 "9",666 1950 J (nd III ft la 1st told 4s J 4,000 t+Indionapol ft Looist 1st tu 4s 1956 I 3 Indianapolis Union Ry-— I j Gen Be ref tuar 6s ser B 1965 m s 5O",666 Ref & Inapt mtge 3H* ser B 1986 F A 482,000 Inland Steel 394* series D. 1961 j 1,073,000 llnterboro R T 1st ft ref 5s 1966 i ♦Certificates of deposit......... 209,000 a"o 179,000 •♦10-year 6% notes...........1933 ...L ♦Certificates of deposit 43,000 226,000 ♦♦10-year 7% notes 1932 M 8 82,000 ♦Certificates of deposit— 89,000 Interlake Iron 1st i'« ser B......1951 it~N Int Atrl Corp 1st ft coll tr 5a— 31,000 Stamped extended to .......1943 It N ..... 1,106,000 t♦Internet Gt Nor 1.632,000 340,000 199,000 909,000 195,000 298,000 376,000 16,000 31,000 24,000 • 1st 6s A......1952 J 915,000 64,000 383,000 190,000 250,000 42,000 7,000 19,000 13,000 8,000 ; : , 34% Sale \ 0 llowa Central Ry— ♦1st ft ref 4s.... ......1951 K o j 89,000 v 134,000 j A r M r 8 Kan City South 1st g 3s.... ..1950 Ref ft Imp 5a April 1950 Kan City Term 1st 4s... .1960 Kansas Gas ft El 1st mtge 4HS..1980 ♦Karstadt (R) Inc 1st Mtge 6s 194 * .. ♦Ctfs ao I 1 I i i d m n stpd (par 3645)..... 1943 w w ♦Ctfs w w stpd (par 3925) 1943 ♦With warrants (par 3925).*._!943 ser g 6s ........ .......... 1946 m 80,000 19,000 144,000 105,000 113,000 632,000 211,000 148,000 27,000 2,000 "£ 13",OOO 100 96% 100 100% ..... 62% Sale 58 59 93 % Sale 99 Sale 109 H 109% 103 H 103 % 40 44 25 30 30 34 98 161$! 98% j j j j d 99$! j j 109% f a F a p a F a I J ..... ..... ..... —— 164% 108% 108$! 115H 116% a j 119$!-.... Sale" IIIII F A 1942 MN f deb 3 Hs—........1946 F a Long Dock Co 3%« ext to.... 1950 A Long Island gen g 4s 1938 I M o d 8 Unified gold 4s... 1«49 11,000 20-year deb 6s......*.... .1937 M 8 8,000 Guar ref gold 4s........... ..1949 m 8 48,000 4s stamped 1949 m 8 111,000 1944 a o 70,000 Lorltlard (P) Co deb 7s 5s 1951 F A 361,000 3 3 60,000 Louisiana ft Ark'lst 5s series A..1969 92% Mar. 10 96% Mar. 31 97% Mar. 25 100% Mar. 10 100% Mar. 10 96 Mar. 23 Mar. 19 98 35 42 105% Sale Sale Sale Sale 83 86% Sale 102% Sale 79 Sale 102 103 97% 98% 72% Sale 87% Sale 77% Sale 8% 4 3 102 101 Mar. 90 1 Mar. 37% Sale 35% Mar. 2 76% Mar. 18 Sale Sale Sale 78 99 Mar. 11 91 92 Mar. 27 102% Sale 96% 98 68% Sale 83% Sale 73 1 2 35 Sale 1 42% 17% 40% 40% Mar. Mar. Mar. Mar. 10 10 10 11 87 86 Mar. 1 Mar. 17 102% Mar. 10 97% Mar. 19 100% Mar. 3 Mar. 16 Mar. 3 102% Mar. 27 102% Mar. 96% Mar. 29 98% Mar. Mar. 67% Mar. 22 73 Mar 81 % Mar. 15 89 72 Mar. 22 78% Mar. 3 8 2 . 102% 64 60 Sale 106% 108 38 38 105 104 68 * 70 — Sale Sale Sale Sale 105% 93% 99$! 100 $1 75% 80 76% Sale 72% 76 91% 99$! 100% 104% 105% 102$! Sale 69 70% Sale 85 130 135% 136 125% 108 100% Mar. 23 104 Mar. Mar. 23 108 97 Mar. 23 91 Mar. 22 95% 56 41 % Mar. 31 40 18 25 25 43 ..... —... 25% 33% "98% Sale" 41 20 27 40 Mar. 18 Mar. 29 27 Mar. 18 27 27% Mar. 29 97 Mar. 24 98% Sale 9 91 Mar . 6 2 2 115 109 Feb. 11 Jan. 27 Feb. 6 Feb. 3 32 33 98% Mar. 1 —. 65 64 65 Sale 67 106 100 104 41% Sale 41 % Sale 103 Sale 90 61% Sale 60% Sale 56% Mar. 13 58 62 55 66 ' 44% Mar. 90% Sale . Sale Sale ..... 93 90% —— Sale 97 74% Sale 66 66,% Sale 61 98 73 Sale 64% 67% 61% Sale 99% 100% 99% 99% 105% Sale 104% Sale 102% Sale 102% Sale 64 Sale 69% Sale 71 74 75 72 83% 84% 78% Sale 108 108% 106% Sale 115 123 123% v ..... 131 Sale 122% 125 108% 99% Sale Mar. 12 Mar. 27 Mar. 30 105% Sale 105% Mar. Mar. 100% 109% 98 43 Sale 40% Mar. 43 Sale 40% Mar. 99 Mar. 99% Sale 101% Sale 100 105% 101 92 98 56 56 60 129% 133 122% Sale 98% Mar. 100% Mar. 90% Mar. 97 Mar. 66% Mar. 59% Mar. 60 Mar. 99% Mar. 102 Mar. 100 63 Mar. Mar. 69% Mar. 70 105 2 Mar. 30 Mar. 75% 79% 102%: 105 103% Sale 104% 100% . Sale 105 Jan. 86 Mar. 17 5 97% Mar. 19 92 102 Mar. 27 Jan. 101$! 95 5 103 Jan. 20 12 Feb. 5 Jan. 8 Jan. 25 Jan. 21 96% Feb. -5 102 67% Mar. 22 75 81% Mar. 15 89% Feb. 10 72 Mar, 22 80$! Feb. 11 Jan. 6 9% Mar. 100% Mar. 23 102% Jan. Jan. Mar. 23 106 108 Jan. 1 11 20 Jan. 12 19 66% Jan. 22 18 64 Jan. Jan. 18 9 19 Jan. 5 12 108 23 95 15 100 3 109% 16 104 9 Jan. 41 Mar. 20 Mar. 2 25 Jan. 31 35 Feb. Feb. 99 Feb. 2 Feb. 27 115% Jan. 18 97% Mar. 10 101% Jan. 7 27% Mar. 29 96% Jan. 6 109 102 Mar. 17 107$! 150 Mar. 31 104% Mar, 29 111% Mar. 1 115% Mar. 20 161 5 25 9 Jan. 13 109% Jan. 25 109% Jan. 107% Feb. 15 108% Jan. 101% Mar. 13 102% Jan. 6 21 22 Jan. 29 108% Jan. 5 114 1 Feb. 119% Feb. 1 Mar. 3 6 102 106% Mar. 12 111% Jan. 13 100 Jan. 43% Feb. 10 90 65% Mar. 61% Mar. 1 4 1 9 67 4 46% Jan. Mar. 30 101 56% Mar. 13 Jan. 70% Jan. 14 25 25 56 Mar.,12 56 Mar. 27 70% Jan. 68% Jan. 15 14 60 Mar. 30 70 23 19 106% Mar. 16 105% Mar. 19 106% 98 Mar. 22 109% Mar. 2 44 Mar. 8 37% Feb. 20 44 37 Jan. 8 43% 43% Mar. 12 99 Mar. 27 106% 27 104% Mar. 6 98% Mar. 25 104$! 25 102% Mar. 8 31 102% Mar. 10 100% Mar. 31 105% Mar. 5 90% Mar. 22 94% 22 93 97 Mar. 23 100% 23 98 Mar. 1 66% Mar. 29 78 29 74% Mar. 1 59% Mar. 23 77 23 68% Mar/ 5 60 Mar. 22 75 22 68% Mar. 5 Mar. 8 99% Mar. 25 100% 25 100 102 Mar. 24 107 24 105% Mar. 4 Mar. 10 103% Mar. 1 100 10 103 72 63 Mar. 23 23 71% Mar. 5 69% Mar. 23 76% 23 76% Mar. 5 86 76 Mar. 29 29 85% Mar. 6 Jan. Feb. 27 15 22 104 Jan. 23 23 Mar. 8 Mar. Jan. Jan. Feb. 12 Jan. Jan. 28 13 Jan. Jan. Jan. 6 6 6 Mar. 23 109 124% Mar. 11 125 Mar. 97% Mar. 17 100 Mar. 31 78% Mar. Feb. 15 12 17 4 Feb. 5 Feb. 18 Feb. 11 Feb. 10 Feb. 11 Jan. 5 124% Mar. 11 129% Jan. 5 Jan. 129% Mar. 27 136 Feb. 17 126% Jan. 9 121 13 Mar. 12 Mar. 4 Mar. 129% Mar. 27 133 121% Mar. 27 123% Mar. 73 28 90 Mar. 16 102% Jan. 105 Mar. 23 109 6 108 98% Salri 10 Jan. 97% Mar. 66% Mar. 109 73 100 102 10 10 11 99 Jan. 14 108 97% Mar. 23 69% Jan. 2 106% Jan. 13 104% 102% Mar. 30 103% Mar. 1 102% Mar. 30 103% 104% Mar. 22 104$! Mar. 15 108 100 104$! Mar. 15 105 101% Sale 100% Mar. 25 100% Mar. 9 100% Mar. 25 100% Mar. 19 Mar. Mar. 19 105 5 100 104 Sale 105$! Sale 101% Sale 100 Mar. 23 100 Mar. 23 104% Mar. • Sale 1 100 104% Sale 101 Mar. 1 127% Mar. 18 134" 135"" ,130 127% Mar. 18 130 Sale 127% 128 124 126 :118 116% Mar. 24 118% Mar. 8 116% Mar. 24 120% 117% 118 99 Sale 94% Mar. 18 99% Mar. 8 119% Mar. 18 96% Sale 99% Sale 101% Sale 69% Sale 106 23 76% Mar. 18 46% Mar. 19 Mar. Jan. 42% Mar. 17% Mar. 40% Mar. 40% Mar. 72 Mar. 29 Mar. 18 : 45% Sale 15 34 18 27 -...- 45% 11 25 20 V- Mar. 18 27 Mar. 18 30 Mar. 22 Mar. 24 109% Mar. 9 109% 111 95% 101% 98% 101% 97% Mar. 10 98% Mar. 11 102 Mar. 17 105% Mar. 3 104% 109% -II-1 109% 100 104% 107% 102 101%: l6I% "Mar ."13 I6i%~Mar."l3 Mar. 31 150 Sale 150 Mar. 31 150 154% 158 104% Mar. 29 106% Mar. 2 106% Sale 103% 105 111% Sale; 111% 112% 111 % Mar. 1 111% Mar. 1 115% 117 115% Mar. 20 115% Mar. 13 I62"" 102% 102 Mar. 3 Mar. 3 102 101% 102 108 109 108 Sale 106% Mar. 12 108% Mar. 5 105 Jan. 6 102% Jan. 31 Mar. Mar. 16 52% Jan. 14 7 83 101% Jan. 40 - Feb. Jan. 30 Jan. 2 Feb. 19 91% Jai|, 2 41 Jan. 20 Jan. 21 40% Mar. 31 83% Mar . 23 "61"" Sale" "60%"Marri9 "64%"Marr"4 60% Mar. 63% 64 59 Mar. 60 59 Mar, 19 61% Mar. 4 59% 61% 56 89 Sale 86% Mar. 90% Sale 86% Mar. 23 90% Mar. 1 94 "'I- Sale 92% Mar. 98% Sale 92% Mar. 15 98% Mar. 1 Mar. 2 106% Feb. 101% Sale 106% 107% 106% Mar. 18 108 103 Mar. 20, 102% Feb, 103 Sale 103% 102% Mar. 9 104 40 25 20 104% Feb. 17 105% Jan. 25 98% Mar. 31 105% Jan. 12 101% Mar. 22 100% Feb. 18 102 94 20 21 4 35% Mar. 13% Mar. 28 19 25 Jan. 4 Sale 38 Jan. 12 Feb. 9 2 14 ..... 97% Sale 65% Sale 65% Sale 27 109 98 2 18 Mar. 15 36 15 13 Jan. Jan. 87% Mar. 86% Mar. Mar. 19 102% Mar. 5 Jan. Jan. Jan. 45 V Sale 6 4 Mar, 10 4 49% Mar. 38% Sale 101% Sale 99% Sale 93% 94 . 91 Jan, Jan. 4 101 92 8 40% Mar. 31 83% Mai. 23 83 Ma?. 31 Sale 36% 80% 84% 101% 99% Mar. 23 103% Mar. Mar 23 96% Mar. Mar. 22 95 Mar, 41 % Mar. 31 102% Sale Sale Mar."31 102% "Mar .""2 Sale Sale 14 35% Sale 35 36% 85% Sale 98% 101 92 Sale 36% Sale 43 Sale Mar. 85 Jan. 26 91% 85% Mar. 24 91% Mar. 10 79% Mar. 23 87% 79% Mar. 23 85% Mar. 11 106% Mar. 17 107% Mar. 2 106% Mar. 17 108 104% Jan. 30 104% Mar. 20 107 102% 104% 105" "Mar .'20 l05% Mar."l3 105 43 Jan. 26 3539% 37% Mar. 22 38% Mar. 19 37 ....- 99 % 66 129 O 3 Jan. 86% Sale 89% Sale 81% Sale 83% Sale 107% 107% 107% Sale 44% Sale 1965 A O A 3 Mar. 102 f 0 91% Mar. 15 87. 108 j m 8 Mar. 18 105% Sale a o a 85 96 4 Mar. 27 Jan. 98% Mar. 22 102% Jan. 85 Mar. 18 89% Jan. 90 Jan. 5 92$! Jan. 96% Mar. 31 98% Jan. 100% Mar. 10 100$! Feb. 96 Mar. 23 101% Jan. 3 107 102% 1 98% Mar. 22 101% Mar. 95 94 j Y"j 2 1 o j 4 2 4 Mar. 16 107 Mar. Mar. 19 Jan. 23 Jan. 21 85% Mar. 23 90% Jan. 21 Jan. 13 83% Mar. 31 90 8 99% Mar. 30 104% Jan. Jan. 2 73% Jan. 26 80 3 A J Mar. Mar. Mar. 89 9% Mar. j d ..... 1 8 97% Mar. 106% 109% J d 49,000 Lombard Blee 7s series A......—1952 . ..... Mar. Mar. Mar. 24 108% 109 s 92% 96% Sale 91% 97 100 Mar. Mar. 23 81% Little Miami den 4s series A —85 Mar. Mar. Mar. Mar. 6 75 % Leh Vail Ter Ry 1st gu g 5s Lex ft East 1st gu 5s 89 85 Mar. 94 2093 m n 1941 A O ..... 101% 95 77% Mar. 31 85% 2 32% Jan. 2 36% 1 101% Mar. 23 110 Feb. 24 110% 27 110 1 105% Jan. 27 107$| 1 104% Mar. 31 107% 10 92% Mar. 12 93 95 88 Mar. 22 8 Sale Sale 4Hs................1093 m n .... 99 13 124 2 Mar. Mar. Sale .1 Leb Vail Harbor Term 1st 6s....1954 p A Leh V (N Y) 1st gu g 4Hs 1940 3 3 Leb Val (Pa) gen con g 4s >093 MN Gen consol 5s "90"" "95"" 7 11 Jan. 6% 1961 j ... 97 Mar. 16 107 95 Mar. 2 107 ..... 101% Mar. 10 103% Jan, 57 $| Jan. 94% 115% 116 .... 107 95 83% 99% 77% Sale Prices Sale 100$! 101% ♦Certificates of deposit........... 83 87% Sale 102 102% 77% Sale Highest 1 97% Sale 103% Sale 3% Sale 100 j Lehigh COal ft NaV 4He ser A...1954 Cons sink fund 4Hs ser C 1954 Lehigh & New Eng RR 4s A 1965 Lehigh ft N Y 1st gu g 4S 1945 Lehigh Valley Coal 5s ..........1944 1st ft refunding 5a 1954 1st ft refunding 5a ...1964 First ft ref sinking fUnd 5s.... 1974 Secured 6% gold notes.......1938 Loew's Inc Sale Sale j 87.000 Liggett ft Myers Tobacco 7s..... 1944 5s :..... 1951 82,000 430",660 82 % 75 J Erie & Western 2d 5s......1941 j Lake Shore ft Mich Sou g 3Hs. .1997 J ♦Laataro Nitrate Co Ltd 6s..... 1954 j cons Sale j ♦5s Uniform ctfs of deposit...1959 Gen 70 j 34,000 Lake 8,000 69 j 4Hs unguaranteed 1961 Kings Co E L ft Pow gold 5s. 1937 Purchase money 6s........ 1997 Kings Co Elevated 1st g 4s .1949 Kings Co Lighting 1st ref 5s .1954 1st ft ref 6Hs 1954 Kinney (G R) Co conv 7Hs... 1.1936 Kresge Foundation coll trust 4s. 1945 tKreuder ft Toll class A 88% 90% Sale 86% 87% \ 44% Mar. 1 116% Mar. 30 118% Mar. 19 116% Mar. 30 ..... 89 94 90% 92 Sale Prices Mar. 2 101% Mar. 10 103 49 Mar. 5 44% Mar. 1 Sale Prices 77% Mar. 31 84 32% Mar. 29 36 Sale 101% Mar. 23 107 110 Mar. 24 110% 105% Mar. 9 106% Sale 104% Mar. 31 106% 93 92% Mar. 12 93 Mar. 22 92% 91% 88 89 Mar. 19 92 Sale 86% 85% Mar. 23 87 Sale 83% Mar. 31 88% Sale 99% Mar. 30 102% Sale 74% Mar. 23 79% 104% ..... 33% 129,000 Laclede Gas Lt ref ext 5s........1939 a 0 Coll ft ref 6 HO series C 311,000 1953 f a p a Col ft ref g 5Hs ser D.. 1960 137,000 f a Coll tr 6s series A.............1942 34,000 Collateral trust 6a series B....1942 f A 8,000 101,000 277,000 570,000 114.000 66,000 15,000 13,000 7,000 Sale 80 102 % j'>3 J Yf ♦Ctfs of dep (Bankers Trust) Plain. 5,000 J Kanawha ft Mich 1st gu 14s..... 1990 A C ^♦♦K C Ft S ft M ref g 4s... .1936 A 0 ...—...... 1,000 Sale 72% Sale 98 98% Refunding 6s series A.... 1955 m 8 90 Int Rys of Cent Amer 1st 5s B...1973 VI N 94% 1st coll trust 6s gold notes....1941 MN1 102 102% Ptrst Men ft ref *%•99% 100 ..1047 p a 9,000 Kentucky Central 1st gu 4s.....1987 3,000 Kentucky & Ind Term 1st 4HS-.1961 Stamped 9,000 1961 65,000 1,000 7,000 13 34 74,000 Keith Corp (B F) 1st "T655 35% Sale 12 I 92 103 110 103 100% 101% 101 102 j Int Merc Marine 1st s f 6s.......194) Intern Paper conv 5s series A...1947 — Sale Sale 101 J Internet Hydro El deb 6s.......1944 Sale 110 106% 106% Lowest Sale Prices Highest Lowest 77% Sale 33% Sale 83% Sale 33% Sale 107 Sale 119 105% 103 101% 103% 98% 103$| Sale 102% 93% 95% Sale 92% 94% Sale 48% 49% 42 43% 44% 40% 86% 88% 84% ♦1st told 5s series C._ .I95t 116 121 106 105 105% 108 Sale 95 Sale 93 H 05 49 Sale 44% 46% 96 % 94% 89% 92 101% 101H -.... Ask 47% Sale 45% Sale 111 105% 3 ... Ask Bid 101 % 102% 103 Bid 167"" Sale" ; 41 i 204,000 James Franklin ftClearf 1st 4s .1066 209,000 Jones & Laughlln St'l 1st M 4%s. 1961 12*9", 656 89% Sale 84 % Sale 107% 108 ♦AdJ mtge 6s series A.July 1 195> ♦1st mtge told 6s series B.-..-195< 384,000 Internet T ft T deb g 4Hs—.... 1953 j Convertible debenture 4Hs 513,000 1939 f Deb gold 5e.._ .......1955 p 548,000 ; j March 31 March 1 1937 STOCK EXCHANGE Houston OH sink fund 5%• A..*1940 mn 102% 103 % 51 % Sale 482,000 Hudson Coal 1st • f 5s series A..1902 J D 13,000 Hudson County Gas 1st 5s......1949 mn 123 % 124 81 Sale 280,000 Hudson ft Manhat 1st 5c ref 5a A. 1957 f A 32 % Sale ♦Adfwst Income 5a.... ..t«b IW A O 463,000 a o 109% 110 306,000 Illinois Bell Telep 3%s aer B 1970 3,000 Illinois Central 1st g «s_ .......1991 J J 110% —... J j 106% 1st told 3 He 7,000 1951 Extended 1st 1 3Hs..........1951 A 0 106 % 107 % 12,000 92% 1st told 3s sterllnt-.... 6,000 1951 Mi 93 114,000 Collateral trust told 4s.. IM> A 0 ,92$i 93 $! Sale 384,000 Refundlnt 4s............... ..1955 MN f j 88 % Sale Purchased Unas 1st 3%s 30,000 .1952 88 % Sale Coll tr 14s.......... 189,000 ...1953 MN 71,000 Refundlnt 5s 195ft MN 103% 104% 80 Sale 486,000 40-year 4He. 194* p a 1 D 108% —* Cairo Brfdte told 4< 5,000 l*w j 96 — Litchfield Die 1st t 8s 6,000 1951 1 j 3 101 102 Louise Die 5c Tor t >%•50,000 1953 87 11,000 Omaha Die 1st 13s........ ..1951 F A j 89 90 St Lou Die 5c Term 6 3s ......1951 i 5,000 j 97% Gold 3Ho--27,000 1951 i J 3,000 Sprlntf Die 1st t 3 Ha 100$! —... 1951 1 Western Unas 1st 14s .1951 P A 100% 101 v RANGE SINCE JAN. 1 PRICES IN MARCH Price BONDS N. 7. 2 2 Jail. 7 14 101% Jan. 2 79% Feb. 19 Jan. 13 103% Jan. 25 108 Jan. 7 101% Jan. 2 106% Jan. 23 104% Feb. 25 135 Jan. 11 124% Jan. 5 100% Jan. 22 106$! For footnotes, see page 30. ■f: 26 N. Y. STOCK EXCHANGE-BONDS Sales in March BONDS Value n. t. stock exchange Price Inter st Period. ¥ 1937 Bid 15,000 4,000 168,000 180,000 236,000 145,000 385,000 16,000 22,000 1,000 20,000 46,000 1945 M 1937 MN 1940 J J lou ic Jsff Bridge go g 4i Loulsv Ac NuHv gold 5l Unified gold 4s 1st Ac ref 5s series B 112k 2003 A O 2003 A O 103M Sale O A s S J Atl Knox Ac Gin div g 4s...... 1955 MN »Lower Austrian Hydro-Else 4 ks 1944 PA Sale 108% 97 H Sale 111)1 96 ..... 114)1 90 H (♦Manhattan Ry (NY) con g 4s ..1990 AO ♦Certificates of deposit......... ♦2d 4s....... 2013 J D Manila El Ry Ac Lt 1st 5s 1953 M S 54 ..... 93 1939 MN ..—.1959 MN Manila RR South Lines 1st 4s lstext4s 105,000 * 62k Sale 92)4..... 82)| 87% 70 78k J (♦Man G B Ac NW 1st gu 3Ms...1941 I Yffrs Trust Co ctfs of partlc in 10,000 AI Namm Ac Son 1st 6a_.......1943 J D 38 40 97 98 99 ...i— 85)4 Sale 73 73 1951 MS 109)4 105 MilwBlRy Ac Lt 1st Ac ref 5s ser B1961 136,000 1st mtge gold 5s..............1971 ♦♦Mil Ac Nor 1st ext 4M« (1880)...1934 lei 060 1st ext 4Ms ........1939 Con ext 4M»— 7,000 1939 79,000 (♦Mil Spar Ac N W 1st gu 4s 1947 (♦Mllw Ac State Line 1st guar 3M«1941 709",660 {♦Minn Ac St Louis 5s ctfs.......1934 254,000 ♦1st At refund gold 4s. ...1949 ♦Ref At ext series 5s A 106,000 .....1962 279,000 MStPAtSSM4s stpd guar ...1938 1st cons 5s...................1938 120,000 1st cons 5s gtd as to Int 170,000 ..1938 1st Ac ref 6s series A..........1946 104,000 31,000 25-year g 6 Ms............ 1949 1st ref 5M> series B._.........1978 36,000 J D J J J D M St 108,000 64,000 1,060,000 '162,000 r 6,000 1,061,000 1,056,000 k 64,000 337,000 r 9,000 I 1,592,000 181,000 33,000 578,000 64,000 st P Ac S S Chic. Term 92)4 41)4 43 k 1 J 55 65 11)4 Sale 5)4 Sale 3)1 4)4 37)4 Sale F J J J J 28 J J 39)4 J J 8 J J 30 27 92 ♦Certificates of deposit......... .1975 M°S ♦1st At ref 5s series P.........1977 MN ♦Certificates of deposit......... ♦General 4s mm - «. - - 83)1 99 100)4 99 Sale ♦Certificates of deposit......... 75",000 15,000 ext at ♦Montgomery Div 1st g 5s 1947 P A .♦Refunding At Improv't 4Mb ..197? MS ♦Sec 5% notes 1938 M S —1955 A O General Ac refunding 5s A ser D—......1955 AO Morris Ac Essex 1st gu 3M» 2000 J D Constr M 5s ser A............1955 MN Constr M 4M» ser B..........1955 MN 1947 MN .1941 MN Namm (AI) Ac Son—See Mfrs' Trust Co Nashville Chat Ac St L 1st 4a A—1978 Nash Flo Ac Sheff 1st gu g 5s 1937 Nassau Alec guar gold 4s stpd 1951 National Acme 4M« extended.... 1946 F 44 13)4 Sale Sale 41 44 Sale 3 6 Mar . 2 Mar. 2 Mar. 16 Mar. 5 Mar. 6 Mar. 19 Mar. 6 99 Mar. Mar. 27 100 Mar. Mar. 16 102)4 Mar. Mar. 31 107 Mar. 98 2 3 Mar. 10 14 14)4 15 3)4 Mar. 19 100)4 105)4 107 104 98 54 91 k 109 k 87% 112)4 95 112)4 93 Mar. 10 112)4 Jan. Mar. 24 101)4 Jan. Mar. 23 Mar. 20 Mar. 18 Mar. 18 Mar. 23 Mar. 11 Mar. 23 Mar. 13 Mar. 18 Mar. 22 Jan. 23 4 4 109)4 Jan. 5 Jan. 108)4 Jan. 103)4 Jan. 2 4 4 Jan. 7 111 98 111X Jan. 18 96k Jan. 23 Feb. 115 5 100)4 Jan. 2 115 Jan. 97 k Feb. 14 3 Jan. 4 103)4 Mar. 24 106 5 102% Mar. 18 104X Jan. 101 Mar. 23 105 k Jan. 20 86 Mar. 23 86)4 Feb. 23 97)4 Jan. Jan. 12 90)4 Jan. 57)4 Jan. 12 Jan. 13 90 Mar. 15 Mar. 15 Mar. 23 42)4 Mar. 23 24)4 Mar. 19 92)4 Mar. 16 82)4 Jan, 13 75 Feb. 23 37)4 Mar. 19 68 68 46 53 14 33)4 Jan. 13 92)4 Mar. 16 84 k Mar. 78k Mar. 41 Jan. 5 6 11 99 k Feb. 24 8 2 102 Mar. 22 99)4 Feb. 18 Jan. 25 Jan. 6 103 1 105 Mar. 31 107)4 Feb. 25 1 3 14 Mar. 10 4)4 Mar. 23 96 106)4 Mar. 30 109)4 Feb. 100)4 Mar. 9 104)4 Jan. Jan. 8 16 k Jan. 3)4 Jan. 6 5 54 Jan. 14 1 9 27 8 "26)4 Mar."~3 "26)4 Mar.""3 "24)4 Feb"."13 "26k Mar."3 95 Mar. 11 103)4 Mar. 25 105k Feb. 19 " 106)4 Mar ."25 108)£"Mar.""i 10654 Mar."25 IlOk JanT'30 104)4 Sale 104)4 Mar. 31 105k Mar. 4 104)4 Mar. 31 108 Jan. 6 70 84)4 88 Feb. 1 90)4 Jan. 9 106)4 Sale 102" Mar "18 104 Sale 103 Mar. 31 104)4 95 95)4 "98)4 "Mar." "5 "99~" Mar. 15 91 88k 90 Sale 39)4 Mar. 30 43 104 103 80 99 90 91 93 87 Sale 68 40 -68)4 17 Sale 6)4 Sale 6 )4 Sale 28 Sale 25)4 Sale Mar. 9 Mar. 4 Sale 26)4 Sale 35)4 Sale 24)4 Sale 22 25)4 92)4 Sale 102 103 Mar.""5 Mar. Mar. 9 1 95 86 28 Mar. 12 25)4 Mar. 31 Sale 25)4 Sale 22)4 Sale 87)4 Sale 29 29 23 Mar. 31 Mar. 10 22)4 Mar. 29 86)4 Mar. 30 "21)4 Mar .""8 Jan. 8 2 Jan. 99 k "Feb" "25 91 11)4 Jan. 2 10 1 37k Jan. 4 Jan. 7 41k Jan. 7 5 Jan. 4 8)4 Mar. 1 3)4 Jan. 11 Mar. 8)4 Mar. Mar. 3 28 Mar. 9 25)4 Mar. 31 32 35)4 Mar. 4 29 Mar. 27 Mar. 5 23 Mar. 31 Mar. 10 30 26 24 92)4 Mar. 1 % Feb. 24 9 1 33 28 7 4 Jan. Mar. 10 Jan. Jan. 46)4 Jan. 57 Jan. 21k Mar. 39 k Mar. 30 57 16)4 Mar."30 6)4 Mar. 29 5)4 Mar. 20 Mar. 18 105 Mar. 31 105 ~ 57 20)4 Sale 9)4 Sale 8)4 Sale 32 106 —- 43 55 31)4 Sale 96)4 Sale Sale 102H 103 108 108 101)1 ..... 84 Mar. 12 2054 Feb. 10 86)4 Mar. 30 9 9 8 1 Jan. 2 28k Jan. 8 95)4 Jan.. 25 45)4 46)4 44)4 42 39 Mar. 31 42 Mar. 31 Mar. 29 41)4 Mar. 22 40)4 Mar. 22 16)4 Mar. 16 43 Mar. 29 42 39 42)4 Sale" 39)4 Sale —98)4 89)4 44)4 47)4 Mar. 19 73 40 17)4 Sale 42 74 43)4 Mar. 11 19)4 Mar. 30 41)4 Mar. 23 40 Sale 41 39 Mar. 22 81)4 Mar. 18 69)4 Mar. 31 20)4 Sale 41)4 Sale 44)4 04. 86 Sale 40 42 39 ..... Sale 56)4 "Mar .~29 59 83)4 Sale 70 Sale 74)4 Sale 73 Sale 21)4 Sale 45)4 Sale 44)4 45)4 Sale 44)4 17)4 Sale 45)4 Sale 44)4 46 Sale . " 37 54 Sale 35 Sale i 35 Sale 37)4 Sale 79)4 93)4 91 )4 Sale 106)4 Sale 105)4 Sale ..... ..... 86 82)4 93 2 Mar. 3 Mar. 4 Mar. 23 101H Sale 76 Jan. 7 79k Mar. Jan. 4 80 Mar. 31 15)4 Jan. 43)4 Mar. 11 47)4 Mar. 8 4 47)4 Mar. 8 44)4 Mar. 5 18)4 Mar . 19 47)4 Mar. 4 41)4 Mar. 23 Mar. 16 40)4 Mar. 22 41)4 Mar. 22 39)4 Mar. 31 47)4 Mar. 45 Mar. 8 Mar. 1 4 "47" "Mar ."30 "47" "Mar .'30 34 35 Mar. 29 38)4 Mar. 29 38)4 91)4 Mar. 31 93 105 Mar. 19 107)4 40 109 13 42 4 6 4 Jan. 4 91)4 Mar. 31 Mar. 3 105 106)4 Mar. 109 k Mar. 101)4 Mar. 4 3 1 101% Mar. 1 101H 105)4 101*32 101)4 . 1 17 49k Jan. 22 22 30)4 Jan. 83)4 Mar 4 19 Jan. 4 97)4 Mar. 18 48k Jan. 22 45 k Feb. 19 24 Mar. 8 49 Jan. 22 47 Jan. 22 48k Jan. 22 45k Jan. 20 18k Feb. 19 48k Jan. 22 46k Jan. 21 31 47 Mar. 3 3 102)4 Mar. 24 Feb. Jan. 1 100 Jan. 93 Feb. 4 97 43)4 Jan. 27 54 k Feb. 99 Mar. Mar. 97)4 Mar. 23 101)4 Mar. 90)4 Mar. 15 95)4 Mar. Mar. 113)4 Mar. 30 115 Mar. 17 97)4 Mar. 95)4 96 101)4 101)4 101)4 Mar. 15 101)4 Mar. ..... Sale 100)4 Jan. 14 Mar. 29 Mar. 1 1 4 ..... 58 Mar. 29 41)4 Mar. 22 40)4 Mar. 22 Feb. Mar. 19 20 39k Feb. 19 3954 Feb. 17 98k Jan* I2 lllk Jan. 4 Mar. 22 108)4 Jan. 9 Mar. 30 110k Jan. 14 Mar. 25 102k Jan. 11 Mar. 16 102)4 Jan. 25 99 54 Feb. 3 93 Mar 23 101)4 Mar. 10 104k Jan. 21 85 k Feb. 83 Jan. 11 8 86)4 Feb. 25 86 k Feb. 25 . 80 111)4 97)4 97)4 101)4 102)4 59)1 Sale 100)4 105)4 Sale 105)4 Sale 27 20 88k Feb. 19 69 42 45)4 Mar. 96k Jan. 74 8 ~90"" Sale" '87)4 Mar." 19 "93)4 Mar.""i 104 Mar. 22 8 4 §6)4 ..... Jan?"~7 "61k Maf.'Il 81)4 Mar. 18 69)4 Mar. 31 84 Sale 119 107" Sale" Mar. 48 86 Mar. 24 99 1 5 47)4 Mar. 44)4 Mar. 99 Mar. . 86 99)4 Sale 95)4 Sale 91)4 92 114)4 114)4 113)4 117 106)4 106)4 87)4 75)4 79k 77)4 42 105)4 Sale 102)4 Sale 101)4 Mar. 22 106 107)4 109)4 105 105)4 Mar. 30 101k Sale 101)4 104)4 101*32 Mar. 25 10VZ Sale 101 102 101)4 Mar. 16 94 Sale 97)4 Sale 93 Mar. 23 102 103)4 101)4 103 101)4 Mar. 10 86 86)4 83)4 Mar. 17 82)4 98 102)4 62 | 93)4 Mar ..... "44)4 86)4 84 Sale "61)4 Mar." 11 40)4 Mar. 22 41)4 Mar. 22 39)4 Mar. 31 ..... 100)4 Sale 93 93)4 D ----- 104 Sale 105 Sale 58 Mar. 27 61 Mar. 3 6 5 100)4 Mar. 22 100)4 Mar. 22 Mar. 10 102)4 Mar. 22 106 103 Mar. 12 105)4 Mar. 1 87)4 97)4 90)4 113)4 110)4 Jan"l5 Mar. Mar. Mar. Mar. Feb. 84 19 97k 23 102 15 97 30 119 18 111 Jan. 15 Jan. 9 Feb. Feb. Jan. 3 5 Jan. 4 14 96 Jan. 7 98k Jan. 22 101 )4 Mar. 15 102k Jan. 4 63 k Jan. 13 58 Mar. 27 Jan. 29 100)4 Mar.-22 95 Jan. 102)4 Mar. 22 107 103 Mar. 12 106k Jan. 2 5 ' J J 3 3 J 3 1954 M N Newark Gonaof Gas 5s.......... 1948 J D (♦New; England RR cons 5s guarl945 J J J 4 3k •;..... .3)1 4 —~ — 3 3 5)4 Sale 3 :- 3 4 4)4 107)4 Sale 72)4 80 122)4 124 70 78 65)4 69)4 ♦ 5)4 6)4 3)4—-- 1k 77 72 "Mar ."31 "4" "Mar ."31 4 9 Mar. 31 .4)4 Mar. 4 Mar. 31 16 "4 k "Feb. "25 "4" Mar.'31 4 Mar. 31 "4)4 Mar .*"3 4 Mar. 31 6k Jan. 4 9 Mar. 31 " "4)4 4 5)4 : 4)4 Mar. Sale 4 4 6 Mar .""l 5)4 Mar. 15 5)4 Mar. 17 "4)4 "Feb. "25 "6k JanT'IB 5)4 Mar. 15 7k Jan. 11 4 4 ""4)4 4 4)4 105)4 Sale 104 87 89)4 80)4 ..... 4 a4)4 Sale - 5)4 4)4 Sale Sale 4 2)4 4)4- Sale 3)4 — 2)4 4)4 Sale 4)4 Sale . Si. SfSiPil 96 J Nat RR of Mex prior lien 4M s— ♦Assent warr Ac rets No 4 on... 1926 J J ♦4s April 1914 coupon on .....1951 A O 30 --... 97M ... For footnotes, see page 102)4 l04"" Hill 60)4 ♦4s April 1914 coupon on ..1977 AO ♦4s April 1914 coupon off .....1977 AO ♦Assent warr At rets No 5 on. 1977 ♦' 98 111)1 102)1 1945 J 79 76 —- Sale 89 Sale 75)4 Sale Sale 99 97 48 Sale 32 45 32 J Ac rets No 4 on. 1957 ♦Cons guar 4s.. 95)4 56)4 ----- 57)4 Sale 92 43)4 99)4 100 A ♦4M» July 1914 coupon on ..1957 J ♦4M s July 1914 coupon off —1957 J 2 106)4 106)4 Mar. 30 109)4 Mar. 101)4 Sale 100)4 Mar. 9 102)4 Mar. ..... FA 2,000 (♦Naugatuck RR 1st g 4s . 6 46)4 27)4 92)4 84)4 78)4 37)4 105)4 103)4 105)4 103)4 Mar. 25 105 ..... 16)4 "Sale' J National Dairy Prod deb 3k* w w *51 MN Nat Distillers Products deb 4MS.1945 MN _ 18,000 Sale 44 ~ Gen At ref 5s series B._........1955 A O Gen At ref s f 4M« ser C........1955 A O ♦4s April 1914 coupon off ...1951 A O ♦Assent warr Ac rets No 4 on. 1951 131', 000 306,000 Nat Steel 1st coll mtge s f 4s 1965 r*D *2",000 72)4 75)4 70)4 Sale 41)4 National Rys of Mexico— ♦4Ms Jan 1914 coupon on. ..1957 J 1,000 Sale Mar. Mar. 37)4 Mar. 19 96 —« 108)4 Sale" 105)4 Sale 50 87)4 103)4 Sale 104)4 Sale 87 44 warr 105 83 78 93)4 78)4 41)4 27 85 ♦1st ref gold 5s series H-. .1980 A A ♦Certificates of deposit......... ♦1st Ac ref 5s ser I.............1981 MN ♦Assent 92)4 Mar. 16 102 105 16 84 72 74 Sale Mutual Union Tel 5s.. "5",000 5 Mar. 23 104 Mar. 5 Mar. 23 86 Mar. 2 Mar. 15 77)4 Mar. 22 Mar. 15 77)4 Mar. 17 Mar. 23 50)4 Mar. 4 42)4 Mar. 23 24)4 Mar. 19 98)4 100)4 106 91 % 43 ■ 189,666 1 3 44)4 25)4 97)4 Sale 105 95 ♦Certificates of deposit......... ♦Convertible gold SM*-——1949 MO G...—.1978 MN 452,000 284,000 19,000 Mutual Fuel Gas 1st gu 5s.. 42,000 5,000 88,000 1,000 994,000 249,000 Sale Sale f 5s 18 102)4 Mar. 23 95)4 Mar. Mar. 11 110 Mar. 23 93 — 102)4 Sale Sale 94)4 Sale 43 s 73)4 Sale 100)4 103 95)4 44 k Gen Ac ref 370", 000 94 42 ser 93,000 .....1965 A O 24,000 Montana Cent 1st gu g 6s....... 1937 J J J 1st guar 20,000 gold 5s ....1939 J 722,000 Montana Power 1st Ac ref 3k» 1966 J D 33,000 Mont Tram 1st At ref 5s series A..1941 J J mmrn 29)4 49 J 6s debentures m m - 40)4 Sale 94)4 J Monongahela West Penn Pub Serv— 1st mtge 4Ms 1960 A O 200,000 * 92)4 Highest Sale Prices M s 250,000 151,000 27,000 Mohawk At Mai 1st gu g 4s......199) M 8 74,000 Monongahela Ry 1st M 4s ser A..1960 MN «. 32 M ♦Cum adjust 5s series A Jan 1967 A O {♦Missouri Pacific RR Co— ♦1st At refund 5s series A.....1965 P 8 ♦1st Ac ref g 5s 20 37 96 95 Sale 86 Q 42)4 85 78 80 90 8 J 4% July 193S J {♦Mobile At Ohio gen gold 4s .1938 M S 1,000 109)4 M 40-year 4s series B............1962 J Pr lien mtge 4M« «er D.....—.1978 J 7,000 ♦Mo Pae 3d 7s "2",000 ..... 80 Ac Cent Term f 4s........1941 MN 65,666 {♦Missouri-Illinois RR 5s set A...1959 J J 282,000 Mo Kan At Tex 1st g 4s 199C J D Mlssou r-Kansas-Taxas RR— J Prior lien 5s series A.........1962 I 361,000 ' ..... 90 8 3 Mar. 3 103)4 Mar. 24 105 102)4 Mar. 18 104)4 Mar. 31 101 80 81)4 Sale 68 75)4 Sale 75 76)4 68; 47)4 48)4 46 41)4 13 16 104)4 105 104 % 105 M Mar. Mar. 95 94 109 108 MN Mar. Mar. Mar. Mar. Sale 83 74 37 2)4 2)4 ... 98)4 91)4 109)4 87)4 99)4 103)4 Sale 101)4 Sale 80 23 105)4 Mar. 20 110 Mar. 18 106 90 87 76)4 49)4 Sale 46)4 48)4 27)4 29)4 92)4-—. 109 H 115",660 : 103)4 Sale 107 3Ms 107 104 Sale Sale 93 104 k 105)4 104 109 104 1st gold 3M«—— 1952 MN J 43.000 Ref Ac Imp 4M« series C... 1979 J Midland of N J 1st est 5s .......1940 A O Sale ..... 105)1 Sale Jack L Ac S gold 100)4 Mar. 24 100)4. Mar. 16 105% Mar. 23 108)4 Mar. 12 112)4 116)4 111)4 112)4 Mar. 13 112)4 Mar. 13 Mar. 18 99 Mar. 6 96)4 95 98)4 95 113)4 114 112k—- 112)4 Mar. 22 113)4 Mar. 3 93—- 93 127,000 Metropolitan Edison 4H« ser D..1968 M 8 54,000 Met Water* Sewer At Drain 5Ms..l950 A° 3,000 ♦(♦Met West Side Kiev (Chic) 4S.1938 F A 18,000 ♦Mex Internet 1st 4s asstd 1977 12)4 104 Sale 106)4 Sale 102)4 104 32",666 \ Sale 98 k 99 102M 102)4 ♦4s (Sept 1914 coupon on).....1977 m"s ♦Mlag Mill Mach 1st s f g 7s 1956 J d Michigan Central-Detroit Ac Bay 31,000 City Air Line 4s..............1940 J J - 95 Marlon Steam Shovel s f g 6s 1947 A O 26,000 Market Street Ry 1st 7s Apr 1940 Q J 604,000 Mead Corp 6s with warrants.—1945 MN T.666 v Sale ..... 56 49k 32 100)4 106)4 109)4 Sale 107)4 105)4 106)4 105)4 102)4 Sale 99)| 107 92 115k 100 k Sale Ask 100*32 104 Lowest Sale Prices Highest Sale Prices Sale Prices Mar. 10 108)4 Mar. 15 108)4 106)4 108)4 106 109)4 no 97,000 McCrory Stores Corp s f deb 5s.. 1951 MN 105kl06k 269,000 tflc&esson Ac Robblns deb 5HS...1950 MN 103 M Sale 34,000 Maine Central RR 4s series A.... 1945 J D 104k 104)4 137,000 Gen mtge 4H> series A........1960 J D §i* §§* 106,000 ♦(♦Btenatt Sugar 1st s f 7 Ms. ....1943 A O 76 88 137,000 82 ♦Certificates of deposit......... 90 173,000 99,000 18,000 2,000 11,000 6,000 2,000 Ask Bid ! 104 Sale A 1st Ac ref 3k« series E 2003 PeduceH Ac Mem Div 4s.......1944 P St Louis Div 2d gold 3s.......1980 M Mob Ac Montg 1st g 4Mis...—..1945 M South Ry Joint Monon 4s.. —1952 J Bid Ask Lowest- Match 31 March 1 101 k 109 X 111 108 k 2003 A O 1st Ac ref 4 His aeries C 1st Ac ref 4s ser D RANGE SINCE JAN. 1 PRICES IN MARCH Jan, 2 122)4 82)4 73 ..... 76 65 Sale 86)4 118)4 84 " 70)4 3)4 Mar. 16 "4)4 Mar." 19 102)4 Mar. 23 106 87 Mar. 10 87 Mar. 1 Mar. 10 "77" "Mar." "9 "77" Mar.""9 70)4 Mar. 15 73 Mar. 8 6" "Janl 18 3)4 Feb" 23 2 102)4 Mar. 23 107 k Jan. 93 k Jan. 23 77 Jan. 5 121 )4 Feb. 1 122k Jan. 14 Jan. 11 82 Feb. 1 68)4 Jan. 11 74 k Feb. 2 76 • April, 1937] Sales in n. t. stock Price p March bonds Value n. y. stock exchange f Ask 125 % 107% 393,000 59,000 916,000 116,000 68,000 33,000 282,000 N Y C & H R g mtge 3 Ha O 1997 82% 82 Sale 100 99% 100 99% 100% 39 A 47 64 50 Sale 48 Sale - 52 50% 51% Sale 110%. 104% 103% Sale Sale Ask Bid 122% 119% 103% 106% 97% 84% 101% Sale 100 Sale Sale Sale 98 Sale Sale Vo* Sale 48 Sale 58# 49 Sale 55% Sale 54% Sale 57% Sale 60 50% M 8 94 A O 98% Sale 98% 118% Mar. 23 122% Mar. Sale 116% Mar, 24 120% Mar. 100% 107 Mar. 105% Sale 104% Mar. Mar. 98 95% 94% Mar. 79 82% 79% Mar. 84% Mar. 99 Sale Mar. 102 97% Mar. 98% Sale 101% Mar. 97% Mar. 94 94 Sale Mar. 97% Mar. 51 Sale 48 Mar. 61% Mar. 59% Sale 53% Mar. 59% Mar. Mar. 53% 50 51% Mar. "59"" Sale 59 Mar. 55% Mar. 55 Sale 52 Mar. 55% Mar. 62 Sale Mar. 56% Mar. 55 Sale Mar. 51% Mar. 118 8* J D F A 1 11 1 4 3 5 5 1 31 31 30 31 5 31 31 110 Mar. 13 135% Mar. 17 Sale 102 Mar. 6 Sale 101 103% Mar. 9 Sale 92 Sale Mar. 6 Sale 99 Sale 101% Mar. 8 97 Sale Sale % 94 ' Sale 94 Sale 92 Sale Sale 91 Sale 91 Mar. 93% Sale 89 Sale 89 Mar. 107% Sale 101% 102% 101% 103% Sale 101% 94 Sale 90% 100 Sale 100% 104 Sale 102% 107% 107% 106% 108 108% 95 100% Mar. • 1 108% Mar. 11 Mar. 108% 68 O Sale Prices 119% Sale 107% Mar. 90% Mar. Sale Sale Sale Sale Sale Sale 95 Mar. 6 101% Mar. 101 % Mar. 104% Mar. 100% 104% 107% Mar. 31 Mar. 89% Mar. Mar. . 25 21 5 104% Mar. 23 i°7% Jan. Mar. 4 94% Jan. 26 98 9 79% Mar. 25 85% Feb. 97% Mar. 23 103% Jan. 22 Jan. 22 97% Mar. 23 103 94 Mar. 22 100% Jan. 4 51% Feb. 21 4 44% Jan. 48% Jan. 5 59% Mar. 31 47 Feb. 2 52% Feb. Jan. Jan. Jan. 59 Mar. 31 27 48% 46% 51% 51% 110' 106% 96% 100% 4 13 Mar. 20 26 5 55% Mar. 62% Mar. 31 55 Mar. 31 Feb. 19 113% Jan. Jan. 27 135% Mar. Mar. 23 106% Jan. Mar. 23 103% Jan. 90% Mar. 23 96% Jan. Jan. 97% Mar. 23 103 25 17 12 4 20 16 Jan. 20 107% Jan. 30 108% Jan. 90% Mar. 22 96% Jan. 23 94 Mar. 18 105 Mar 24 98% Feb. 97% Jan. Mar. 31 101% Mar. 31 102% Jan. Feb. 105 31 101% Mar. 94% Mar. 93% Mar. 101% Mar. 99 118% Mar. 23 127% Jan. 116% Mar 24 125% Jan. 18 91 5 89 11 5 8 6 95% Feb. 89% Mar. 31 4 100% Mar. 31 98% Jan. 4 102 Feb. 17 105% Feb. Mar. 6 Mar. 3 67% Mar. 1 Mar. 60% Mar. 31 68 98% Mar. 23 102% Mar. 98% Mar. 23 102% Mar. 1 Mar. 27 60% Mar. 31 1 1 116 Mar. 27122% Mar. 119% 120 111% Sale 110% Mar. 25115% Mar. 1 5 Mar. 27 125% Jan. 15 110% Mar. 25 117% Jan. 16 6 101% Jan. 28 £I# Sale" 64 Sale 102% Mar. 166 Mar. Sale 63 60% Sale 99% Sale 99% Sale 102% Sale 102% Sale A O Sale Prices Mar. Mar. Mar. Mar. Mar. 100% Sale 98 Highest Sale Prices Mar. 103% Sale Lowest Sale Prices 111% 96% 100% 90% 97% 101 Sale ■4s* Highest 110 Sale 95% 102% 102% 103% Sale A RANGE SINCE JAN. 1 Lowest 128% Sale 97% Sale Sale 101% 95 31 110 112% 101% 103% 93% 100% 95 Ref Ac Impt. 4H« aerlea A Lake Shore coll g 3 Ha Mich Cent coll g 3 Ha Bid March i 110 111 108% 108% Debenture 4a of 1912—.......1942 2013 —1998 1998 N Y Chic A: St Loula 1st g 4a 1937 Refunding 5Ha aeries A......1974 1,124,000 Refunding 4%« series C 1978 386,000 3-year 6a ...........Octl 1938 365,000 4s collateral trust 1946 57,000 N Y Connecting 1st gu 4H* A...1953 1st gtd 5s aeries B— 1953 "86",555 N Y Dock 1st gold 4a 1951 177,000 Serial 5s g notes 1938 354,000 N Y Edison 3%a series D 1965 177,000 1st lien & ref 3%a series E 1966 <: A Sale Sale 95 .. C........2913 Sale 124% 125% 104 ' Ref Ac impt 5a series PRICES IN MARCH March 1 1937 Bid 1,213,000 27 Jan. 2 & 81,000 New England T Be T 39-yr 5a A—1952 J D 73,000 lat g4Ha aerlea B„. .......1961 M N N J Junction RR go lat 4a....—1986 P A !' 118,555 N J Pow & Light lat 4%s I960 85,000 New Orleans Great Nor 5a aer A..1983 30,000 NO&N'eaatern ref 4H>aerlea A.1952 237,000 New Orleans P S 1st A ref 5s A—1952 245,000 1st & ref 5s series B —..1955 206,000 New Orleans Term lat 4a guar...1953 53,000 {♦♦N O Tex & Mex Income 5a 1935 218,000 ♦Flrat 5a aerlea B ——1954 6,000 ♦Certificates of deposit......— A 58,000 ♦1st mtge gold 5s aerlea G 1956 A 262,000 ♦1st 4Ha aeries D... ....1956 507,000 ♦First 5H» series A...—.....1954 A O 25,000 ♦Certificates of deposit... 1,000 Npt & Cln B Pen gu g 4 %• 1945 J J 20,119,000 New York Central conv sec 6s—1944 MN 786,000 Consol 4a series A......——.1998 P A 903,000 10-year 3Hb secured a f 1946 A O 985,000 Ref Ac Inapt 4H> aeries A—...2913 A O exchange—bonds Mar. 27 Jan. 6 Jan. 72% Jan. 5 21 Jan. 22 98% Mar. 23 105% Jan. 98% Mar. 23 105% Jan. 2 106 109 63 Mar. 23 109 5 109 Jan. 72 6 N Y & Erie—See Erie RR. 13,000 101,000 N Y Gas El Lt Ht Ac Pow 5s 24,000 12,000 118,000 31,000 N Y Ac Greenw L prlor 1948 4a—1949 Purchase money coll tr g N Y At Harlem g iien gu 5a.l946 MN 3Ha.. 2000 M N N Y Lack & Western 4s 1973 M N A aer ...1973 N N NYLE&W Coal At RR SHl 1942 M N ~12~,555 Dock Ac Impt 1st 5a .......1943 J J 13,000 N Y Ac Long Branch gen 4a.....1941 MS 5,000 {♦N Y Ac N Eng (Boat Term) 4a...1939 A O 13,000 11,000 19,000 89,000 135,000 31,000 444,000 67,000 231,000 440,000 47.000 611,000 , 192.000 10,000 23,000 101,000 169,000 19,000 8,000 51,000 16,000 140,000 144,000 22,000 55,000 ' Guar 4%i series B * 122% Sale 114% Sale 100% 100% 106% 102% 103 109% 109% 102 8 41 A O 35 A O 35% ♦ 1947 1954 Son-conv debenture 3Ha ♦Non-conv debenture 4a...... 1955 J J Non-conv debenture 4a 1956 MN J ♦Convertible debenture 3H*—1956 J J ♦Convertible debenture 6a....1948 I ♦ 1940 A O 1957 MN ♦Collateral trust 6a ♦Debenture 4a D ♦1st Ac ref 4Hs ser of 1927.....1967 J -farlem R At Pt Ches tat 4a.-.1954 M N ♦ ♦N Y Ont At West 1st g 4s.. June 1992 M S 1955 I General 4s.. D 1942 A O {♦N Y Prov Ac Boston gen 4a N Y At Putnam 1st con guar 4s ..1903 4 O 40 1951 U 5 A....1947 M N lat mortgage 5s.............—1951 M N 1st mortgage 5s 1956 MN ... 5 Mar. 23 45 Mar. 5 47 Mar. 1 39 Jan. 25 47 44 Mar. 4 35% .Tan. 27 Mar. 19 43% Mar. 3 36 40 40 36 26 8 Mar. 8 8 Sale 56 Sale Sale 63 Sale Sale 63 Mar. 26% 46% Sale Sale 95% Sale 30 70 35 Mar. 1 53 Mar. 6 95 45 41% 4 7% 9% 6% 3% 6 5 4 6% 2 Sale 30 v 91 Sale Sale 26 23% Sale Sale 106 106% 106% 107% 106% 107% 106% 107% 1% 63 52% Sale 96% a97,% 33% Sale "92% "93% 59 !§* Sale 70% Sale 93% 96% Sale 109% 107% Sale Sale Sale Sale 80 Sale 5% 105% 46 31 Sale 101% 103 100 93% 84 104% 105% 102% 62% Sale 106% 105% 105% 107% 106% 107% 108% 108 106% Sale 106% 106% 107% 106% 78 Sale 58 102 Sale 107% Sale 47% 93% 8* 50 89 52 91% 93% Sale ,20% Sale 104% Sale 107 Sale 46 Mar. 31 Mar. 24 94 Mar. 18 3 76% Mar. 79% Mar. 13 30 51% Mar. 101"" Sale 101 106% 82% 92% 18% Sale 106% Mar. 24 Mar. 19 Mar. 12 Sale 92% Mar. 31 Sale 17% Mar. 27 Mar, 23 101% 102% 101 Mar. 1 107 107% 89% Sale 103% Sale 105% 109% 106% Sale 27 Sale 28% Sale 103% 28 76 Mar. 31 96% Sale 30% Mar. 23 36% Sale 23% Mar. 23 28% *21# 101 % Mar. 16 101 % 87% 86% Mar. 29 93 Sale 101% Mar. 17 103% 58% Mar. 18 64% 105% 105% Mar. 2 105% Sale 106% Mar. 31 108% 107% Mar. 29 108% 106% Mar. 12 106% 106% Mar. 24 107 50 Sale 80 90 103 Mar. 104 Mar. 15 26 Mar. 29 Mar. 27 25 Sale 22 80% Sale 79% Mar. 9 3 Sale 117% 118% 114 112% Mar. 22 104% 104% 104% 105% 103% Mar. 19 103% 103% 104% 125% .. 4 1 Mar. 2 Mar. 2 Mar. 2 Mar. 16 Mar. 4 Mar. 30 Mar. 1 Mar. 271 Mar. 3 Mar. 2 Mar. 4f Mar. 2j Mar ie' 9 Mar 16 8 Mar 1 2 Mar 9 8% Mar 15 9 3 Mar 2 5% Mar, 16 1 % Mar, 1 1 Mar, Mar, 23 3 Mar 4 Mar, 4 2% Mar, 4 0% Mar, 1 % Mar, 3 4% 7% 3% 8% 8 Mar 2 5% Mar, 29 102% Mar. 19 104 99 103 Sale 104% 102% Sale 102 Sale Sale 120 128 Sale 120 120% 105% Mar. 10 106% Jan. 12 Mar. 8 108% Jan. 9 98 Mar. 23 98 Mar. 23 107 38% Mar. 30 Mar. Sale Mar. 31 107 40 43% Mar. 57% Mar. 104% 105 106% Sale 105% Sale 126% 118% 121 8 Mar. 98 46 61,000 North Am Edison deb 5s ser A... 1957 157,000 Deb5H>«erB.* .—Aug 15 1963 Deb 5s series C Nov 15 1969 232,000 2,000 North Cent gen At ref 5s ser A... 1974 8 I05%"Mar."I6 8108 46 -~5% 9% M Mar. Mar. 23 Mar. 30 7,000 285,000 .1946 J D 11,000 N Y Trap Rock 1st a f g 6a 6s stamped 68,000 —1946 725,000 ♦IN Y Westches At Bos 1st 4 H8--1946 J J 88,000 Niagara Falla Power 3%s ...1966 M S 15.000 Slag Lock A Ont Pow 1st 5a A...1955 A O 185,000 Niagara Share (Mo) deb 5Hs..—1950 MN 68.000 Nord Rya extl a f 4 Ha 1950 A O 284,000 ♦{♦Norfolk South 1st At rei 5a A-1961 F A 181,000 ♦Certificates of deposit 47,000 ♦{♦Norfolk At South 1st g 5a... 1941 M N 399,000 Norfolk At West Rv lat con g 4a— .1996 A O .1961 F A 193,000 North American Co deb 5s 1974 M Mar. 10 98 Mar. 23 Sale Gen At ref 4Hs series A— 19 4 39% Mar. 25 49% Mar. 31 Sale S 46 45% 40% 42% Mar. 22 109% Jan. 42 62 A 25 6 Mar. 23 105% Jan. 40 90 M 25 Feb. 99 107 40 92 MN 41% 52 42 102 3 2 41% Sale 42% J F V 3 Sale A West lat rM g 5a. .1937 I .1937 F *f Second gold 4Ha---.- Sale 41 41 Mar. Mar. 31 107 Sale 42 .1940 F A General gold 5s ........... .1943 M N Terminal 1st gold 5a ..... .1939 MN NY Tel 1st At gens f4%s ♦♦N Y Suaq At 47 ; 99% Mar. Mar. 23 102% Mar. Mar. 22 108% Mar. 41 105 M Y Ac Rich Gas lat 6a A 98 5 n* 109 New York Steam 1st 6s ser 43 102 100% Mar. Sale 40 M N El Lt Ac Pr 3%s—1965 38% Sale 6 383 473 ♦{N Y Rye Corp !nc6s..... .—Jan 1965 Apr J ♦{Prior lien 6s stamped....—1958 J N Y At Queens Sale 40 99% Mar. 99 102% 103 100% Sale 108% 108% 104 107% 107 102 102% 105% 105% 105% 107% 106% 107% 107 96 {♦N Y New Haven At Hertford-— ♦Non-conv debenture 4a......1947 M ♦Non-conv debenture 3H« ' 106% 108% 109 101 100%—.. 98 107 107% 102 120 Mar. 2 102% Mar. 15 104% Mar. 99% Mar. 17 104% Mar. 125% Mar. 1 125% Mar. 3 1 1 Jan. 27 Jan. 26 47 Feb. 18 Jan. 26 45 Feb. Jan. 4 60 Feb. 19 71 Feb. 20 37% Feb. 18 16 17 19 IS 46% 61% Jan. 25% Jan. 94 18 Jan. 23 Jan. Jan. Jan. 76% Mar. 79% Mar. 51% Mar. 99% 46% 23 42% 16 101% 29 95 102% Jan. 23% Jan. 21 8 12 107% Feb. 8 107% Jan. 26 3 13 2 7 8 92% Jan. 91 30 Jan. 91% 15% 101 18 Mar. 16 Jan. 6 105% Jan. 103 90 30 7 25 108% Mar. 8 108% Mar. 106% 106% Jan. 17 109% Jan. 5 67% Feb. 69% Mar. 19 106% Mar. 24 109% Jan. 14 94% 98 Jan. 19 Feb. 10 22% Mar. 23 109% Jan. 15 107% 101 Feb. 4 Mar 106% Jan. 106% Jan 106% Mar 106 55 Jan. 30% Mar 23% Mar 101% Mar 86% Mar 101% Mar 57% Jan. 105 1 Mar. 46% Feb. 19 44% Feb. 16 47% Feb. 20 Jan. Jan. Jan. Jan. Jan. Jan. 8 11 25 26 19 5 Feb. 2 Jan. Feb. Jan. 2 104 Feb. 4 15 109% Feb. 15 4 32% Jan. 21 31 Jan. 18 82 Feb. 16 Jan. 112% Mar. 22 122 103% Mar. 19 106% Jan. 2 16 22 69 Mar. 27 5 Jan. 102% Mar. 19 105% 102% Mar. 15 106% 99% Mar. 17 107 124 Feb. 17 125% Jan. Jan. 8 2 Feb. 13 1 Mar. — {♦Northern Ohio Ry 1st guar 5s. 1,000 1,000 April 1 1934 and sub coupons— 1945 A O 1945 ♦Oct 1935 and sub coupons ♦Stamped as to sale of April 1 1933 to April 11935 lncl coupons. 1945 4,000 459,000 Northern Pacific prior Hen 4a— 1997 703,000 Gen Hen ry Be Id gt Sa Jan 2847 2947 249,000 Ref At Impt 4Hs Series A Ref At Impt 6a Series B....... 2847 776,000 2947 Ref At Impt 5s Series C 21,000 2847 Ref At Impt 5s Series D 88,000 — extended .. 81% Ill 82% Sale 105% Sale 111% Sale 108% 109% 108% 109 J J J J J J A O J 1957 MN 43,000 Norwegian Hydro-El Nit 5H« 37",555 44,000 38",555 102% 104 104 99% Sale Sale Sale Sale Sale Sale 2 Sale 113 Sale .1947 F A Ohio River RR gen gold 5a.....; .1937 A Ontario Power N F lat 5a—..... .1943 F 0 1% 113 0% 101% A 4 7Ha.. .1946 A 2,000 Ontario Transmission lat 5a..... .1945 M N 9 108 Sale 3% 114% 3% 114 1946 J D Oregon 8hort Line lat con g 5s.. .1946 J 1st guar cons 5s stamped..—.. .1946 J J J 3 J J 6% 107% 1% 5% 76% 0% Sale 7% Sale 4a Ore-Waah RRAcNav IstAtref 4a... .1961 Oslo Gas At Elec extl a f g 5a..... .1963 M S 1) .1946 J Pacific Coast Co 1st g 5s Pacific Gas At El 4s ser G—. 1 st & ref mtge 3%s 1st & ref mtge 3 %s ser H ser I. .... .1964 J ... .1961 J D .1966 J D For footnotes, see page 30. Mar. D 124% 110% 104% 98 Mar. 30 87 Mar. 15 80 Mar. 107% 77% 103% 111% 108% 108% Mar. 109% Mar. Sale 108% 105 104% 107% 100% 102% 100% 102 O Ohio Pub Service lat At ref con g 80 80 80 87 Jan 80 Feb. 19 Mar. 15 83 87 Jan. 23 Mar. 19 103 Mar. 105 Mar. Mar. Mar. Mar. Mar. Mar. 1 Mar. 13 101% Mar. 69% Mar. 98 81% Jan. 16 112% Jan. 12 82% Jan. 2 Mar. 106 Jan. 109% Mar. 112 Jan. 103 105 Mar. Mar. 110 Jan. 5 6 13 109% Jan. 6 100 Feb. 27 104% Feb. 4 107 105% 104% lat At ref 7s series B Mar. 30 Mar. 15 101% Mar. 69% Mar. Sale Sale Sale Apr 1 1938 Q-J 9 80 103% 75 6% 4% 1965 MN Ohio Indiana & West 5a 30,000 Oregon RR At Nav 27,000 16,000 374,000 57,000 61,000 292,000 436,000 312,000 107"" —III E Sale 27% Ohio Edison 1st mtge 4s.... 87 80 82 : Sale Sale J guar g 4s. 1948 J 1943 M S Ohio Connecting Ry 1st 4s 120,000 ♦Ogden At Lake Ch 1st 5o~o",555 Sale j f J 80 ..... q q J 1938 87 "81"" 84 ' .1944 J ... Northern Rv of Calif guar 5s N'weatern Teleg 4Ha 87% 81% 111% 100% Mar. 18 101% Mar. 28% 27% Sale 111% .-.-108 Sale 26% Mar. 22 9 28% Mar. 16 103 Sale 101% Mar. 23 105% Mar. 1 104% Mar. 112 Mar. 27 113 1 111% Mar. 11 110% 111% 110% Mar. 18 112 26% Feb. 22 33% Jan. 9 109% Jan. 29 109% Jan. 29 101% Mar. 23 106% Jan. 2 Mar. 1 111% Feb. 2 113 110% Mar. 18 112% Jan. 20 100% 112% Sale 112% 112% Sale 116% 118 116% 119 106% Sale 100% 101% 71% iS# 107 Sale 103% Sale 103% Sale Il2"" lis" 112"" "Mar. "23 113% Mar. 9 111% Feb. 115 Mar. 2 112 Mar. 115 Jan. Feb. 1 107% Mar. 114 Jan Sale 107% Mar, 23 112% Mar. 116 Mar. 23 117% Mar. 4 Sale 118 104% Sale 101% 72% 82 104% Sale 100% Sale 104 116 117 104 112 % - 108 109 117% 120 97 Sale 112 Mar. 12 113 Mar. 11 120 Mar. 31 1 Mar. 23 106% Mar. 4 101% Mar. 16 100% Mar, Mar. 24 74% Mar, 18 82 103 Mar, 22 107% Mar. Mar. 23 104 5 22 100% Mar. 1 99% Mar 96% Mar 1 Mar. 23 121% Jan Feb. 123 Jan. Mar. 107% Jan. 99% Feb. 74% Mar. 103 Mar. 2 1 102% Jan. 82 111 Mar. Jan. 99% Mar. 23 107% Jan. 96% Mar. 22,100% Mar. i 1 38 N. Y. STOCK > 8t> Sales in March BONDS Value N. Y. STOCK Jan. 2 March 1 1937 Ask $ 5,000 27,000 293,000 236,000 ♦2d extended gold 5a 334» series B 33^8 series C Ref mtge Paducah At Illinois 1st J D f 4 Hs. ,195ft J J ♦{♦Pan-Am Petr (Cal) 1st a os—1940 J If 278,000 12,000 s 53 45 Sale .,1940 J D 1965 F A Paramount Broadway Corp— 106.000 1st mtge s f g 3s loan ctfs. Paramount Pictures Inc— 839,000 s f debenture 6s 133,000 Paris-Orleans RRExt 67,000 {♦Park Lexington 61,000 Parmelee Trans conv deb 6s 1944 Paterson Ac Passaic G Ac B 5s 1949 ♦Paullsta Ry 1st Ac ref 7s ser A... 1942 "7", 060 Sale 3934 74 Sale D M N 13,000 40-year guar tr ctfs 4s Ser E—1952 F A 390,000 28-year 4s ; 1963 99,000 Penn Dixie Cement 1st 6s A 1941 M S J D 12,000 Penn Glass Sand 1st mtge 434*—I960 84 10134 102 107 10034 10634 10634 10734 10834 10634 9934 10534 D 106 110 Sale Sale 98,000 50,000 53,000 68,000 ■ 1,014,000 116,000 478,000 223,000 796,000 505,000 : 437,000 10,644,000 14,000 147,000 , 73,000 168,000 5,000 306,000 151,000 266,000 5,000 12,000 17,000 V 13,000 518,000 54,000 95,000 562,000 1,012,000 623,000 8,000 , 2,000 23",606 1,000 15,000 1.000 ,23,000 A....1977 46",000 A 0 104 P C C & St L g 4 34s series A Con 4)4* series B guar g_. Con 434s series C guar g Sale Sale Prices Sale Prices 100 Feb. 17 Sale Prices 4834 4934 7334 50 Sale Sale 104 85 11934 8934 10034 105 10634 103 Mar. Con 4s series D guar g Con 3)4s series E guar g. Con 4s series F guar g___ .... O A O .1942 MN 7334 Mar. 27 7534 Mar. 17 Mar. 22 7634 Mar. 85 . Mar. 16 .1945 MN .1949 F A .1953 J D .1957 MN Con 4a series G guar g Con 4s series H guar g Con 434s series I g ----- A 115 A 12434 12434 12434 12234 125 122 12334 10634 10734 11034 9634 9534 .1975 A O J .1977 J .1943 MN A. 11434 F Con 4)4s series J guar....... .1964 M N Gen guar 5s series A .1976 I D ser ----- .1963 F .1966 . ----- 112 ----- — - - - ----- .1958 J D .1959 A O 87 94 .1960 A 0 1948 J D 93 Sale 11234 12234 ----- .1962 F A 1st gen 5s series C .1974 J D 123 - 1st 434s series D .1977 J D 115 ----- 8,000 1st 5s 1935 extended to 1950 39,000 Porto Rlcan Am Tobac conv 6s.. 1942 1,622,000 {♦Postal Teleg At dable coll 5s .195? M S J J J J J 1 29.000 Potomac Elec Power 1st M 33is—1966 131,000 Pressed Steel Car deb 5s 1951 1,000 {♦Providence Securities deb {♦Providence Terminal 1st 4s. 1956 M Pure Oil Co s f 434 s with warr.,.1950 J 315,000 434* without warrants 1950 J 158,000 Purity Bakeries Corp a f g 5s lv*t» J {♦ Radio Keith Orph for deb 6s Ac com 102 Sale Sale 104" Mar."31 106" "Mar Il2 105 F J - - Sale Sale ; 106" 108 111 111 Ill 112 109. 120 118 118 9734 2034 8834 Sale 115"" 106 Mar. 2 10534 Mar. 1 Mar. 1 4 14 13 Feb. 2 9 10134 Feb. 8 10634 Jan. 3 28 90 25 107 Mar. 31 10734 104 Mar. 23 110 106 99x4 Mar, 17 10634 7 102 9934 Jan. 10434 Mar. 31 10534 10334 Mar. 109 106 11034 Mar. 12 11434 Mar.: 3 Mar. 10 114 10034 Mar. 12134 Mar. 4 4 Mar. 1 111 Mar. 8 Mar. 5 Mar.; 1 Mar. 4 Mar. 11 11934 Mar. 20 11434 Mar. 3 9634 Mar. 1 2534 Mar. 3 11234 Mar. 10 10534 Mar. 1 9834 Mar. 1 101 Mar. 2 11634 10434 107 34 10734 11134 Mar. 4 Mar. 15 Mar. 6 113 120 118 11434 Mar. 13 10634 Mar. 4 104z93zMar. 12 10234 Mar.* 1 3834 Mar. 1 1834 Mar. 1 8 Mar. 24 Mar, 30 107 Mar.16 108" Mar. 16 111 Jan. 10434 Mar. 108 Mar. 11134 Mar. 11234 Mar. 97 Mar. 11534 10634 11334 9834 10334 10334 Mar. Mar. Mar. Mar. Mar. Mar. 106 Mar. 10534 10934 10634 >11234 11654 11634 10334 11934 Feb. 11234 Mar. 94 Mar. 1734 Jan. 112 Mar. 101 12 25 Feb. Feb. 5 Jan. Jan. 25 Jan, Jan. Jan, Jan. 9 28 11534 Jan. 123 Jan. 107 Jan. 11134 11134 11134 12154 11734 Jan, Jan. _ 23 12 12 Mar. 11 Jan, 7 Jan. 9 9 2634 Feb. 25 99 Jan. 113 Jan. 19 Mar. 106 Jan. 101 Jan. 4 96 4 11234 Feb. 10334 Jan. 11334 Jan. 116 Mar. 129 Mar. Feb. 119 Jan. Jan. 12 117 Jan. 19 10634 10534 10334 5034 Jan. 11 Feb. Jan. Feb. 13 5 3 2634 Feb. 2 115 Mar. . 1 114 10234 Mar. 104233zMar. l02133zMar. 37 Mar. 1534 Feb. 1834 Jan. Jan. 30 107 8534 Jan. 98 106 2 8 8 Mar./ 8 Jan. 4 Jan. 26 3 Mar. 11134 Feb. 1093a Mar. Jan.Ill Jan. 15 1073 Mar. 111 Mar. 111 Mar. 16 109 Mar. Jan. 111 Mar. 113 Mar. 11434 11434 12534 12434 124 110 Ill 113 Mar. 25 11834 Mar. 109 Mar. 6 118 11334 Mar.""23 117k Mar" 11334 Mar. 23 11734 Mar. 10434 Mar. 22 10634 Mar. 4 3 3 Feb. 11334 Mar. 11334 Mar. 10434 Mar. Jan. 9634 Mar. 5 9334 Mar. 10 94 Mar. 8 11034 Mar. 10 12334 Mar. 17 11034 Mar. 12334 Mar. 1 Mar. Jan. 108 120 Mar. 6 Jan. 9434 Mar. 11334 Jan. 109 Mar. Mar. 6 19 Mar. 16 113 113 90 Jan. Jan. "Mar." 16 Mar. 30 11234 Mar. 2 Mar. 11 Mar. 11 111 93 126 1 Feb. 11334 11334 11334 11234 109 92 28 7734 Jan. 12234 Jan. Jan. 10134 Feb. Jan. 50 34 Feb. 92 92 Mar. 90 Mar. Feb. 11034 Mar. 12334 Feb. Jan. 28 Jan. 22 29 Feb. 2 Jan. Jan. 15 12 Jan. 15 12334 Jan. 10734 Jan. 6 113 88* 96 6 20 Feb. 5 Jan. 28 Jan. « 9734 Feb. 11034 Mar. 10 4 12434 Feb. 116"" Sale 6634 Sale 6534 Sale 106 85 Sale 3834 Sale 10334 104 9634 Sale 26- 29 88 Sale' 119 10434 Sale J 99 1 Mar. Sale 11734 118 34 11534 Sale' Sale 11734 120 115 10634 Sale 10534 Sale 10934 9634 9434 8234 9134 9334 89 9134 9134 Sale 93 9134 8934 108 11234 107 11034 12334 12334 106 7854 4034 Sale 123 Mar. Mar^i 1 2 109 111 103 - "8034 9634 1634 8334 Mar. Sale 11134 108 10734 Mar. 17 10834 Mar. 10 11034 11034 11234 10934 Mar. 23 11034 Mar. 2 Mar. 11 109 109 Mar. 11 109 11234 85 7534 Mar. 17 10534 Feb. 10 * Mar. 7 7 Feb. 23 54 10634 Jan. 10734 10634 Mar. 23 10834 9934 Mar. 17 104 10034 Sale 10034 Sale 9934 Mar. 24 102 10434 Mar. 31 10534 10434 Sale 108 72 Jan. 5754 Jan. Sale 10034 80 34 3234 100 Sale Sale 3214 Mar. 10134 Mar. §334 Mar. 9334 Sale 28 2034 8834 9034 122 Sale 10334 Sale 10034 Sale 113 Sale Sale 28 2 Mar. 11 8534 Mar. 3 106 Mar. 8034 Mar. 101 6734 Mar. 6334 Mar. 106 Sale 3934 Mar. 6 10334 Mar. 10 9834 Mar. 12 28 Mar. 5 Mar. 127 34 Mar. 10 11734 Mar. 10334 Mar. 9934 Mar. 10434 Mar. 101 Mar. 1 6 Mar. 1 63 34 Mar. 12 14 7534 Jan Jan. 7 108 34 Feb. 20 106 8034 Mar. 3234 Mar. 10134 Mar. 9334 Mar. 20 Jan. 8534 Jan. 11734 Feb. 10334 Mar. 99 Jan. 8834 Jan. 4534 Jan. 27 19 106 Jan. 5 100 Feb. 4 2834 Feb. 20 90 Feb. 25 13134 Feb. 105 Jan. 3 4 101 Mar. 6 pt pd ctfs stk 100 (65% pd) 31,000 •♦Debenture gold 6s ..1941 405,000 Read Co Jersey Cen coll g 4s__..195l 235,000 Gen Ac ref 434s aeries A 1997 Gen Ac ref 434s series B 71,000 363,000 Remington Rand deb 434s 2,000 Rensselaer At Saratoga 1st 1997 J D A C » I w—1956 M w gu 68.1941 5,987,000 Republic Steel Corp 434s ser A..1950 Gen mtge 434s series B 674,000 1961 Purch money 1st 534s conv....1954 891,000 . VI J J S 20,000 ♦Rhine-Ruhr Wat Serv 7,000 ♦Rhine-West Elec Power 7s.. ..1950 ♦Direct mortgage gold 6s 40,000 1952 ♦Cons mtge 6s 64,000 1953 ♦Cons mtge 6s with warrants.. 1955 26,000 194,000 ♦{♦Richfield Oil of Calif 6s...1944 ♦Certificates of deposit 483,000 6s stamped 16,000 1944 4,000 Richmond Term Ry 1st guar 5s..1952 1955 42,000 ♦Rima Steel s f 7s {♦Rio Grande June 1st guar g 5*1939 ..... 125 34 MN 2434 2434 2234 25 34 25 34 J MN 25 F A 2334 \ ( 25 M N M N J J P 90 8334 M 8 A O J J 199,000 Saguenay Pow Ltd 1st M 4348.1.1966 A 6,000 St Jos Ac Grand Island 1st a 4s..1947 J ..1937 MN 33,000 St Joseph Ry L H At P 1st 5s St Lawr At Adirondack 1st g 5s_.1996 J 1996 4 30. it?* 58 Sale 122 103 Sale Sale 3134 2334 30 2234 28 1834 Sale 27 2834 35 30 J O 28 21* 1934 5534 5634 Mar. Mar. Mar. Mar. Mar. 112 Mar. 13 112 Mar. 10434 Jan.-1; ' 10834 Jan. Feb. 108 105 Mar. 11534 Feb. Mar. 13 112 Mar. 112 Mar. 11 127 Jan. 212 Mar. 18 1834 Mar. 31 32 16 26 24 19 2034 1934 Mar 17 1934 Mar, 23 21 Mar 58 Mar Sale Mar. Mar. 100 Mar. 106 2 2 24 Mar. 32 18 5 3 19 Mar. 15 Mar. , 5 3 Mar. 6 23 e6134 3 6034 Mar. 16 Mar. 16 10 60 2634 Mar. 2634 Mar. Mar Mar. 13 10334 Mar, "7834 49 ..... 2634 29 23 34 2934 ! Mar Mar ,4 10334 Mar. Mar, 5434 Mar. 12 ' Mar. 24 31 Mar. Mar. Mar. Mar. Mar. 73 34 4634 11634 10734 1934 29 4 1 5 100 110 Sale 108 109 10834 Mar. 30110 Mar. 10134 9934 10034 99 Mar. 24 10034 Mar. 10234' 9734 10134 103 Mar. 9934 166 Mar. 4 166 100 6 5 8 10 5 5 Mar. 15 Sale 11234 Sale 10034 100 10334 10034 2634 Feb. 2' Mar. Mar. Jan. Mar. Feb. Mar. Mar. Mar. Feb. Jan. 2734 Mar. 3034 100 : Mar. 2034 Mar. 10234 Sale 2434 Mar. 1 Mar. Sale 10134 : Jan. Mar. 10 3434 Sale 104 I Mar. Mar. 56 48 34 5034 10334 5334 4 Jan. Jan. 1934 Mar. 1934 Mar. 1934 Mar. 91 Mar."31 "79" 5134 Mar. 25 Mar. 10 11634 1 10834 Mar. Mar. 22 2734 Mar. 23 2534 2934 Mar. 11 I 96 101 4834 75034 10334 57 34 5234 50 5334 8934 "73 34 Sale 73 34 "79 5034 4534 4634 4634 115 119 11634 Sale 10834 108 Sale 2234 2134 ?l* 17 25 29 20H 27 2734 Sale 2734 30 29 2934 Sale Sale "I-I 16334 Jan. 13034 Mar. 1 1 Mar. Mar. 26 100 Jan. 2434 Mar. 29 9534 Mar. ' 108 Mar. V 3 Jan. Mar. l; Mar. 1 Mar. 11 5134 10334 5134 1; Mar. 22 Sale 12634 Jan. 98 105 105 1 212 15634 Mar. 9534 Mar. 23 9934 1 13034 11334 Mar, 96 Mar. 23 9934 101 1 Mar. 23 10434 Mar 11234 Mar. 2 17 10234 Mar. 29 10634 Mar. 12 1 18 10634 Mar. 2 18 11434 Mar. Sale Sale 2834 193 18 120 11234 9834 10534 10534 10534 59 108 i§*< 9734 Sale Sale Sale Sale 2934 9134 Sale 8 •{♦Rockla Ark At Louis lst434s —1934 ♦Rutland-Canadian 1st guar g 4*1949 J ♦Rutland R R 1st cons g 434s 1941 J 10334 45 J ♦Ruhr Chemical 6s For footnotes, see page 6334 Sale 6334 Sale 9634 104 M N 1962 M 2d gold 6s Sale Sale Sale 9934 Sale 206 D...1977 M S 1948 105J4 Sale 10534 Sale 108 Sale 114 ♦Rio Grande Western 1st g 4s... 1939 J ♦ 1st con At coll trust 4s serie* A-1940 A 116,000 ser 103 15634 98 34 (; A M N 591666 1.000 Rochester Gas Ac El 434» Gen mtge 5s series E 10,000 Sale 10234 Sale 10634 Sale 10634 Sale 11334 Sale 120 13134 Sale 9934 Sale 10934 H034 99 Sale 105 10534 3334 2034 28 A F —.1953 J 6s 11534 116 103 Sale 10734 10734 107 108 11034 Sale N Gen mtge 434» series C 651,000 ..1956 MN J 206,000 Revere Copper At Brass 1st 434s..1956 J J 11,000 ♦Rheinelbe Union sf g 7s 1946 J 7234 - 106 106 gul957 M N 4s ----- 3934 Jan. 10134 Mar. 17 10134 Mar. 17 106 Mar. 8 106 Mar„ 8 104 111 Mar. Jan. 100 4 Mar. 20 90 58 7334 Mar. 27 12134 Feb. Sale Sale 109 7 4 4 5 100 Mar. 23 10134 Mar. 1 Mar. 2 10034 Mar. 1 101 50 Mar. 29 48 Mar. 22 100 72 10234 Jan. 10034 Jan. 14 10234 Jan. 99 34 Mar. 23 10554 Jan. 9934 Mar. 23 10434 Feb. 4834 Mar. 29 4334 Mar. 4 4534 Mar. 8 Mar. 17 4734 Mar. 12 "HI 109 11134 11334 11354 11334 10534 2 Mar. 12 10634 10834 10334 10534 Sale 10934 10534 Sale 10934 3 Mar. 16 Mar. 1 55 53 m .1942 1.. 173,000 5,000 32,000 58,000 Mar. 4834 Mar. 29 4334 Mar. 4 4534 Mar. 8 lit* .1940 A 589,000 Portland General Electric 414s.. 1960 "4I666 Highest Sale Prices .. 13",000 . Lowest Ask II* 93,000 1st mtge 434a series C 10,000 Pitts Y Ac Ash 1st gen 4s 1,000 1st gen 5s series B ; Highest - General g 5s ser B General 434s series C Pitta Va At Char 1st guar 4s Pitts Ac West Va 1st 434s ser A 8,000 1st mtge 434> series B 1,632",000 104 34 10834 1981 1981 AO M N ...1943 M N 1948 M N ...1*48 A O 1970 F 1960 J 1965 49,000 194,000 * Lowest Sale 10334 Mar. 20 10934 11034 Sale 10434 Mar. 19 10534 10534 112 108 Mar. 17 109 112 Penn RR consol gold 4s.. 11534 113 11434 11334 Sale 11134 Mar. 20 Con sol gold 4s...... 11634 11234 Mar. 22 Stamped dollar bonds 11634 11334 11634 114 Sale 99 97 Mar. 23 10034 Sale Sale Gen mtge 334* series C Sale 118 12034 Sale 11534 Mar. 18 Sale Consol 4)ls Issue of 1915 Sale 109 11034 Sale 10634 Mar. 23 Sale General 4Hs Series A 11534 Sale 11334 Mar. 22 11434 Sale Sale General 5s Series B 1968 J 10334 Sale 9834 Mar. 23 10134 Sale Sale Debenture gold 4H< ...1970 A Sale 105 10734 Sale 10334 Mar. 23 Sale General 431s series D.........1981 A J 10634 Sale 10434 Sale 10334 Mar. 22 Gen mtge 4 lis series E Sale 1984 A 106 Mar. 2 10734 Sale 10934 Sale Conv deb 3lis 1952 119% Sale 11934 11934 Mar. 31 Peoples Gas & Coke 1st 6s 1943 A 114 11434 11234 Sale 11234 Mar. 29 117 Refunding gold 5s 1447 M 8 Sale 94 Mar. 22 9434 9434 99 Peoria At East 1st cons 4s.. 1940 A O Sale Sale 22 2034 Mar. 29 ♦Income 4s (fiat) 1754 199f A C Mar. 12 11234 11034 11134 112 Peoria At Pekln Un 1st 5K» A...1974 F A 101 Mar. 22 J 10534 Sale 10334 Sale Sale Pere Marquette 1st 5s series A 1956 J 96 9834 Sale J 9534 9434 Mar. 24 1st 4s Series B 10134 1956 J Sale M £ 96 Mar. 22 10034 10134 104 9834 lot g 434s series C 1980 10834 11234 Mar. 5 Phlla Bait Ac Wash 1st g 4s.....1943 M.N 11434 11234 123 125"" H734 122 116 Mar. 18 130 General 5s Series B 1974 F A 115 Mar. 23 J Gen g 434s series C 12134 117 1977 J 115" Mar. 11 11234 114 General 434s series D 11634 114 1981 J D Sale 10634 10234 Mar. 25 J D 10434 Sale Sale Phlla Company secured gold 5s. 1967 10434 Sale 104323zMar. 31 104«3zSale Sale Phlla Elec Co 1st 4)4* 1967 MN Sale J D 10234 10234 10234 102133zMar. 18 1st Ac ref g 4s._ 10334 1971 38 Sale 37 Mar. 10 3834 Sale J Sale {♦PlPla Ac Read C At I ref 5s 1973 J Sale 18 16 Mar. 12 1634 Sale Sale ♦Convertible deb 6s 1949 M 8 25 Mar. 1 2534 Sale J J 2834 Sale 1934 Philippine Ry 1st 30-yr s f 4s. 1937 A O 107 Sale 10634 Sale 10634 Mar. 1 108 Pillsbury Flour Mills 20-yr 6s 1943 99 9634 90 99 M N Pirelli Co (Italy) conv 7s 9334 1952 1st At ref gold IH* series 434* series B Penn Pow Ac Lt 1st M 4Hs 12,000 7,000 , 9434 10534 Penn Oblo At Detroit RR— 51l",660 Sale 122 90 65 Pennsylvania Co— 2,000 Guar 3^s tr ctfs series A.....1937 M S F 10,000 Guar 3H> coll tr ctfs ser B 1941 2l",660 3834 12234 1233s Guar g 3^s tr ctfs series C...1942 J Guar g 3Hs tr ctfs series D 1944 J 31 10134 Sale 10034 Sale 101 Sale 10034 Sale 4934 4934 51 76 Sale a72 Sale 34 Sale 101 34 f 5Mis... 1968 ctfs...... 1953 Sale 74 Sale 74 100 ...1955 s Ask Bid 5734 ♦Certificates of deposit... 6s stamped March 10134 10134 10134 10134 Mar. 3 10134 10234 10334 10134 10334 10134 Mar. 22 102 103 Sale 99 k Mar. 23 103 10034 Sale 10234 Sale 9934 Mar. 23 103 9934 Sale 103 3i Sale O A 1966 1966 PacDIc Tel At Tel 41",600 J IW — Bid 1 101 A 1938 Pacific RR of Mo 1st oxt U RANGE SINCE JAN. 1 PRICES IN MARCH Price 1! £a. EXCHANGE EXCHANGE-BONDS Mar. Mar. ; 2634 Mar. 2634 Mar. 66 Jan, ; 66 , Jan. 5234 Feb. 2 10334 Jan. 5634 Feb. 84* 5234 11634 10814 2834 25 34 3254 3434 Jan. Jan. Jan. 1 Mar. 1 Jan. 2 Feb. 1 Mar. Jan. Jan. Mar. 13 10434 Jan. 10834 Mar. 30 99 Mar. 24 103 Jan. 25 100 Mar. 4 . 4 26 1 8 11234 Jan. 21 101293z Jan. 22 10334 Jan. 6 102 Jan. 126 April, 1937] N. Y. STOCK h Sales in March BONDS Value N. Y. STOCK EXCHANGE 38 EXCHANGE—BONDS RANGE SINCE JAN. 1 PRICES IN MARCH Price Jan. 2 1937 Ask Bid March 1 Ask Bid Bid Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices March 31 Ask 8t Loula Iron Mtn ft South— ♦•Hirer ft Gulf DIt let 0 4a...1933 119,000 ♦Certificates of deposit.... 16,000 37,000 (♦St L Peo ft N W 1st 5s 1948 11,000 St L Rky M ft Pac 5s stmpd 1956 (♦St Louis-San Francisco Ry— ♦Prior lien 4s series A 1950 444,000 ♦Certificates of deposit 340,000 ♦Prior lien 5s serieu B .1959 247,000 ♦Certificates of deposit.. 237,000 ♦Con M 4J4s series A 1,076,000 1978 ♦Certificates of deposit stamped 1,037,000 93,000 (St Louis Southwest 1st ft 4s 1989 ♦2d (told 4s income bond..Nor 1989 48,000 ♦♦1st terminal ft unlf 5s 89,000 1952 ♦Gen ft ref 6s series A 254,000 1990 St Paul ft Duiuth 1st conaoi 3 81 8554 Mar. 6 47 83 8 8154 Mar. 18 4224 Jan. 29 Sale 31 Sale 2754 Mar. 31 Sale 28 3754 Mar. 3354 Mar. 3654 Mar. 85 Sale 88 8154 Sale 8054 82 45 Sale 44 47 45 8454 8254 8754 Sale 90 J J 84 H Sale 8254 J J 35 Sale 3054 Sale j""j 31M Sale 33 34 54 2854 33 MS 30 M Sale Sale 28 54 J J J 61 J J 51 4s.. 1968 J D "7". 000 (♦lit Paul B Grand Trunk 4tt» 1947 J 124,000 (♦St Paul ft K C Short L guar 454*1941 F J 69 54 70 54 65 52 Mar. 31 31 Sale 27 H 31 32 32 Sale 28* Sale 2854 Mar. 31 29 28 Sale 2954 Sale 2554 Sale 9054 9254 6854 7054 5854 Sale 9654 96 MN J Mar. 23 81 4554 85 34 30 IVA 63 Sale 6354 Sale 48 Mar. 30 Mar. 31 2554 Mar. 31 90 Mar. 23 70 Mar. 25 5854 Mar. 30 4654 Mar 30 Sale . 88 Mar. Mar. 12 L0554 33 39 2254 24 54 J 10354 L0154 10654 L2354 Sale 2iV. 26 30 82 Jan. 31 Mar. 6 6 8 28 3354 Mar. 3054 Mar. 9 8 8 2854 Mar. 2854 Jan. 2554 Mar. 9654 7354 6554 5254 2 90 Mar. 4 8 6 68 Jan. 58 Jan. Mar. 33 1 Mar. Mar. Mar. Mar. "3554 2354 Sale 3454 Mar.""I 37" "Mar." "3 23 Mar. 22 2654 Mar. 10 26 2754 Mar. Mar. 46 48 Jan. 85 Jan. 3754 3354 3654 3354 3354 3054 Mar. 1\K nH TrH Mar. 3154 Jan. 23 8954 Feb. 15 8854 Feb. 17 100 Jan. 108 107 A Mar. 23 Mar. 8154 Ma.r 18 4454 Mar. 2 8254 Mar. 15 M N j""J Jan. 27 Jan. 8 7 6 13 8 Mar. 11 8 Mar. 8 Jan. Mar. Jan. 4 Feb. 19 8 8 18 Mar. 3 Mar. Jan. Jan. Feb. 20 Jan. 4 St Paul Minn ft Manitoba— 146,000 5s extended to July 1 1943 J ..1937 J ..... 30,000 Montana Kxt 1st gold 4s 5,000 tPacific Bxt sterling Guar 4s. 1940 J 56,000 St Paul Union Depot 1st 5a guar. 1972 J 225,000 San Ant ft Aran Pass 1st guar 4a.1943 I 79,000 Sun Antonio Public Serr 1st 6s A. 1952 J 44,000 5,000 2,000 19,000 1,000 10,000 21,000 24,000 805,000 341,000 867,000 96,000 1,321.000 605,000 61,000 " * 169,000 D J J J J 1965 M N San Diego Cons G & El 4s Santa Fe Prase ft Phenlx 1st 5s..1943 M S (♦Schulco Co guar 6 Mi* J J ♦Stamped l'4t ........ ♦Guar sinking fund 1941 AO B ♦Stamped........... 1989 Mb ♦(♦Seaboard Air Line 1st g 4s —1950 A C ♦♦Stamped 4s.............. 1950 A O Sclo Vail ft N B 1st guar g ♦ 4s .......Oct 1949 F Adjustment 5s 1959 A O ♦♦Refunding g 4s ♦Certificates of deposit.... ♦1st ft cons A 1945 6s series A M~5 ♦Certificates of deposit «♦ Atlan-BIrm Dlr 1st g 4s.May 1933 (Seaboard-All FIs 1st 6s A... 1935 M'f ♦♦Siemens ft Halske 93",666 42 44 3954 Sale Sale 40 121 34H, Sale" 40 " 4554 4454 40 54 3954 117 32 33 "42"" 35 3654 Sale 3754 3754 Sale Jan. 5 113 Mar. 124 Jan. 4 10354 Mar. 30 11054 Mar. 100 Mar. 109 Mar. 106 Mar. 10354 Mar. 3 4 11254 Jan. 11054 Jan. 11 23 24 109 Mar. 3954 Mar. 35 Mar. 41* Jan. 3654 Mar. 30 3954 Mar. 23 3754 Mar. 31 46 Mar. 3954 Mar. 3654 Mar. 3954 Mar. 3754 Mar. Feb. 29 14 15 115 3954 Mar. 114 Sale 32 33 32 Mar. 25 3654 Mar. 29 1154 1654 1554 1954 1854 Mar. Mar. Mar. Mar. Mar. 30 1354 Mar. 29 2054 Mar. 954 Feb. 1554 Jan. 29 20 15 22 34 Mar. 3 2354 Mar. 2254 Mar. 3754 Mar. 1154 Mar. 30 1354 Mar. 6 1154 Mar. 30 12 13 8 11 2254 Sale 2154 Sale 2054 Sale Sale 34 3254 19 35 1254 Sale 16 Sale 20 Sale 3554 1154 Sale , 22 3154 Jan. Mar. 15 2 Feb. 17 3554 3654 1354 2054 Feb. Jan. 20 1854 Jan. 1754 Jan. Mar. 8 Mar. 8 5 Mar. Mar. 2354 Mar. 5 5 Mar. 5 Jan. 7 1454 Jan. 8 IIS Feb. 34 22 121 32 Sale Jan. 43 54 Feb. Jan. 44 Mar. 34 17 Jan. Mar. 31 11454 Mar. 31 1154 Sale Mar. 22 11434 Mar. "3454 Sale Sale 10654 Mar. 30 117 Mar. Mar. 30 3554 Mar. 1954 13 54 Mar. 114 21M 38 105 l6l54# 3 105 17 118 114 Sale Sale 1754 Sale 18 100,532Mar. Mar. Mar. 31 110 1154 Sale 2054 Sale 1254 18 54 Mar. 10354 101% 17 35 Sale 10254 Mar. 29 1022732Mar. 1935 ♦Certificates of deposit 82,000 199,000 Sharon Steel Corp conr deb 4% s. 1951 M S 806,000 Shell Union Oil deb 354* 1951 M S 30,000 Shloyetsu El Pow 1st 6tfe ..1952 J D 17,000 84,000 348,000 531,000 2,000 10254 Sale 10254 Sale 10254 Mar. lOO'SttMar. 100% Sale 100's32Sale Mar. 10554 10354 105 Mar. 11754 11854 117 11954 113 100 Sale Mar. 103 10054101 Mar. 11054 Sale 109 10954 109 106 1 Mar. 10854 10854 10654 108 11454 11554 113 11454 11454 Mar. "46" 39 54 40 35 ♦Certificates of deposit....... Series B 105 10154 107 54 124 L02 102M L1254 113 L0954 11054 ♦Debenture s sec a f g 7s.. 1935 J J 1951 M 8 f 614s 111 101 80 96 85 8454 Mar. Sale 9854 6754 Sale 5654 "68' J Skelly Oil debenture 4s Socony-Vacuum Oil deb 3>4»..._1950 A O South ft Nor Ala gu 5s 1963 A O 102 J Sale 106 10654 J j S F A J J 125 Sale 10554 106 Mar. 65 Sale "72~~ Sale" Sale Sale 9954 Sale 10254 Sale 128 118 128 1854 7154 9754 10254 12354 Mar, 1 Mar, Mar, Mar, Mar, Mar, 30 18 17 23 4 73 Mar. 2454 Mar. 7354 Mar9 3 Mar. 2 2 3 Mar. 12354 Mar. 2 4 l60J4 16654 10654 Mar. 12 10754 Mar. 10754 10754 Sale Sale 10554 Sale 165 107 10554 Sale Feb. Mar. Mar. 23 107 Mar. 23 10554 Mar. 105 104 Sale 103 105 Sale 10454 Mar. 30 10654 Mar. Feb. 1454 Jan. 15 11754 Mar. 11 Mar. 102 Jan. 100 Sale 23 Sale 108 ..... Mar. 11754 Mar. 11 112 96 9954 Mar. 5 81 8554 Mar. 18 11354 Mar. 9754 Sale Sale A M Sale Sale A 1941 162,000 South BollT ft T 1st s f 5s 86,000 Southern Calif Gas 4Mis 1961 1st mtge & ref 4s 82,000 1965 66,000 Southern Colorado Power 1st g 6s '47 115 Mar. Sale 102 50 12 83 F 1946 254 113 Sale 1941 F ......1951 J ♦Silesia Elec Corp 654*.. ... Silesian-Am Corp coll tr g 7s 1254 1354 135 100 5054 Jan. 1854 Mar. 68 Jan. 8 8554 Feb. 23 Jan. Mar. 3 2 11 9754 Mar. 8254 Feb. 10254 Jan. 10254 Mar. 10754 Jan. 123 130 Feb. 20 2454 Mar. 73 Jan. Jan. 6 6 Jan. .23 10654 Feb. 13 108 Jan. 105 103 Mar. 23 107 Mar. 10 Mar. 23 1055 Feb. 16 Jan. 20 10454 Mar. 30 1065 2 Southern Natural Gas— 1st mtge pipe line 454a 201,000 1951 A O 404,000 Sou Pac Co 4s Cent Pac coll Aug. *49 J D 1st 4 Mi* (Oregon Lines) set A-.1977 M S 668,000 Gold 4Ms 404,000 1968 M P Gold 454* 632,000 May 1 1969 M N Gold 4 Ms 697,000 a 1981 M N 1,176,000 10-year secured 354* ...1946 J J San Francisco Term let 4s....1950 A O 226,000 1,000 So Pac of Calif 1st cons 5s......1937 MN 605",660 South Pac Coast guar 4s........1937 J South Pac RR 1st ref guar 4s 1955 J 4s stamped 94 M Sale 9454 Sale 102 54 Sale 10954 110)4 103 M 96 J 10554 ...1938 M S D Staley (A E) Mfg 1st mtge 4s Standard Oil N J deb 3s 1946 F A 1961 J D Staten Isl Ry 1st gu g 4M* 1943 J D 1956 F Without warrants 20,000 Tenn Cent Ry 1st M 6s ser AorB.1947 10.000 Tenn Coal Iron ft RR gen 5s 1951 Tenn Copper <6 Chem— Coot deb 6s aerie* B ......1944 64,000 187,000 Tenn Elec Power 1st 6s series A..1947 1,000 Term RR Assn of St L 1st g 4Ms.. 1939 First cons g 5s...............1944 1,000 Gen ref s f gold 4s 141,000 1953 127,000 1 exarkana ft F S Ry 5M* A guar.1950 808,000 Texas Corp deb 3M* 1951 8,000 Texas ft N O cons g 5s ..........1943 78,000 Texas ft Pacific 1st g 5s 2000 Gen ref 5s ser B 1977 85,000 Gen ft ref 5s series C 194,000 ....1979 Gen ft ref 5s ser D 1980 85,000 10,000 Tex Pac—Mo Pac Term 5M* A—1964 152,000 Third Are 1st ref 4s...'.... 1960 453,000 ♦Adjustment Income 5s...Jan I960 16,000 Third Are RR 1st gold 5s... 1937 Tokyo Electric Light (Ltd) 1st M 6* f Series 199,000 June 15 1951 65,000 Toledo ft Ohio Cent ref ft Imp 354s *60 "i~,oo6 1,000 West 1st g 4s 105 101 10554 101 10154 9954 10254 "93" 9454 10654 10354 3954 10554 123 J J 10454 10454 12554 126 M S J D D M S J J A O J J 76 2 4 4 ♦ Sale 150 175 93 Mar. Mar. 107 Mar. 104 Sale Sale 12154 1952 J J S 1970 A O 11554 115 10954 109 11354 115 101 101 Sale Sale 10754 108 1 Mar. 5 Mar. Mar. 2 1 Sale 135 Mar. 23 156 Mar. "3 Sale 10354 Mar. 23 107 Mar. 4 165 180 175 Mar. Mar. 31 138 127 Mar. 9 Mar. 16 127 10454 Sale 12054 124 104%*105 54 104,532Mar. 25 105% Mar. 2 120 54 12254 12054 Mar. 2 12054 Mar. 13 10454 9954 10754 11654 10854 10754 10354 10454 10354 Sale 9854 10654 108 117 10254 10854 10754 Sale 10554 Sale 10254 104 108 12154 10554 10554 10654 10754 7154 3954 10154 Sale Sale 2 189 12054 103 97 Mar. Mar. 105 Mar. 100 Mar. 106 11654 117 Sale 105 Mar. 106 Mar. 23 Mar. 117 Mar. 16 Mar. 109 Mar. 10 Sale Sale 107 Sale 11254 l66 8054 Sale 14 Jan. 21 Jan. 21 Jan. 4 195 6 143 5 10554 Feb. 1 21 119 Feb. 15 126 Jan. 103 Mar. 19 105 Mar. 23 104 Jan. Jan. 97 106 11654 10554 10354 10054 Mar. 106 Mar. 118 103 103 Mar. Mar. 10654 Mar. Mar. 106 103 10654 Mar. 10854 Mar. 19 Jan. 10454 Jan. 122 10754 Mar. • 121 107 164 16 18 6 Feb. 16 11854 Jan. 6 Mar. 22 11154 Jan. 5 Mar. 18 10854 Feb. 19 Mar. 23 10554 Jan. 4 Mar. 18 110 Jan. 29 Mar, 18 12854 Jan. 12 Mar, 25 10654 Feb. 15 Mar. 23 10954 Jan. Mar, 24 108 Jan. Mar, 12 10854 Jan. 16 10754 Mar, 18 10954 Jan, 7 Mar, 31 7354 Feb. 9 3754 Mar, 4654 Feb. 10054 Mar, 23 10154 Jan. 3 4 11 104 67 Mar. 1 Mar. 10154 Mar. 3 6 78 Mar. 13 8054 Mar. Mar. 10154 Mar. 23 105 4 10154 Mar. 23 10854 Jan. 10054 10054 Mar. 29 10254 Mar. 1 10054 Mar. 29 103 67 Sale Mar. 11% 3754 Mar. 3754 Sale 10054 10054 10054 Mar. 7854 Sale Sale 1 5 2 of 169 ""Feb" 17 Mar. 105 1 4 20 157 Mar. Mar. 104 10954 Jan. 10654 Jan. 10354 Mar. 23 10754 Jan. 103 10854 10854 Sale 102 Mar. 16 118 1 10354 10354 Sale Sale Mar. 23 99 5 Jan. 33 40 Feb. 104 J4 Mar. 24 10654 Jan. Mar. 23 102 96 Jan. Sale 107 67 102 Sale 106 Sale Sale 5 1 10754 Mar. 10354 Mar. 10354 Mar. 10054 Mar. Sale il9"~ 11054 10754 10854 12254 12154 123 Sale 2 Mar. 1403 1033 99 106 20 121 Mar. Mar. 3454 Mar. 10454 Mar. 96 9654 Sale 10254 Sale 1957 A 35 3354 10254 Sale Jan. 99 M S 90] 1063 102 11054 Feb. 15 27 8 10554 Feb. 102 1950 A O A 2 8 8 6 Sale 103 91 9054 Mar. 9854 Mar. 10154 Mar. 95 Sale 8854 8954 Jan. 10354 Sale 10054 Sale 104 103 10154 6 20 20 9854 Mar. 15 103 10154 Mar. 2 Jan. 12 10154 Mar. 10 10154 Feb. 24 105 Jan. 16 Jan. 5 92 9 9554 Mar. 29 9554 Feb. 10854 35-year 3M» debenture........1971 MN 1950 A O For footnote*, tee page 30. 11854 119 111 11154 107 54 108 105M Sale 10554 12654 130 10554 Sale 10654 10654 108 10854 109 10954 68 Sale 3854 Sale 101 10154 108 ...June 2008 M 8 34-year 3 Ma debenture 10454 10454 10154 10254 108 54 11054 Union Pac RR 1st ft land gr g 4s. 1947 J First ft refunding 4a June 2008 M United Biscuit (Amer) deb 5s 167 Sale 158 O 1954 J ♦(♦Union Eler Ry Chic 1st 5s 1945 A Union Oil Cal 30-yr 6s ser A May 1942 F 1st lien ft re! 5s Sale 10754 Mar. Sale 106 106 10654 Sale UJigawa Elec Power secured 7a.. 1945 M ... Sale 146 J Trl-Contln'l Corp conr deb 5s ser A'53 I 17,000 Truax-Traer Coal conr 6M* 1943 MN » Sale Sale" ... 3M* debentures Sale Sale Tol W Va ft Ohio 1st guar 4s C..1942 Tor Ham ft Buff 1st 4s 1946 I D Trenton Gas ft Elec 1st 5s 1949 M 9 Union El Lt ft Pow (Mo) g 5s Union Elec L ft P (111) 1st 5M* 9854 Sale J 15,000 29,000 46,000 11,000 15,000 67,000 361.000 253,000 313.000 44,000 288.000 495,000 38.000 Sale" 6 Mar. 10354 Sale 6 6 105 105 10654 3354 Mar. 18 10854 Jan. Feb. 20 10054 Feb. Mar. 23 11254 Jan. 6 Jan. 8554 Feb. 4 Jan. 10554 Feb. 10854 Mar. 10554 Mar. Mar. A 33,000 ♦Tyrol Hydro-Elec Power 7 M*—1755 ♦Guar sec a f 7s 6,000 1952 f" 11 21 22 22 22 103 100 S ... 39,000 Tol St L ft 5 Jan. Jan. Jan. Jan. Jan. Jan. 995 10054 10754 7854 9854 Mar. 80 101 104 10354 104 A 1 Feb. Mar. 24 Mar. 17 9751 Mar. 23 102 3 10654 Jan. 26 109 J Jan. 9 103 10254 Mar Jan. J Mar. 8254 Sale 10254 Sale Sale 1938 M S Symington-Gould Corp— ♦1st mtge conr lnc (with warr)_1956 F A 43,000 28,000 Mar. 1 106 Memphis DIt 1st g 5s.........1996 St Louis DIt 1st g 4s 1951 ♦Studebaker Corp conT deb 6s_.1945 J l#t M 3«s 1950 M Mar. 10854 Mar. 10254 Mar. 6 8354 Sale 10354 Sale Sale 162,000 Swift ft Co 96 101 9754 Mar. 24 1015 Mar. 18 1005 Mar. 23 98 Mar. 23 97 J. 11054 Mar. 8554 Mar. Sale Oerel ft gen 4s series A.......1956 Devel ft gen 6s series A ....1956 Dare! ft gen 6Ms series A 1956 385",660 Mar. Mar. Mar. Mar. Mar. Mar. 18 10654 Mar. Sale 886,000 S'western Gas ft Elec 4s ser D...1960 MN J (•Spokane Internat 1st g 5s....1955 J 103 10454 Sale 110 1964 J 9854 Mar. 10654 Mar. 10254 Mar. 10854 Sale 100 Sale Southw Bell Tel 3 M* series B 9054 Mar. §654 Mar. Sale 10554 Bast Tenn reorg lien 5s Mobil# ft Ohio coll tr 4s 9154 Mar. Sale Sale 108 Southern Ry 1st cons 5s........1994 481,000 19,000 172,000 10,000 365,000 262,000 159,000 92,000 32.000 803,000 10054 9754 9954 9754 9554 9754 Mar. 9454 Mar. 95 54 Mar. Sale Sale Sale Sale Sale Sale Sale Sale J 1955 ....... Sale 9854 9554 9554 9254 9154 9054 9854 9454 Sale 9454 Sale 10054 Sale 107 10854 16854 10254 10254 373",000 356.000 t„.: Sale 99 9954 Sale 9554 Sale 10054 Sale 9754 Sale 9954 Sale 73 Jan. 25 83 Jan. Jan. 4 19 6 15 106 "9854 104"" 10454 Sale 114 118 11854 120 11854 12154 11854 119 103 Sale 10354 10354 10454 Mar. 10454 Mar. 10754 JanT "7 Mar. 118 Mar. 118 Mar. 118 Mar. 16 11854 Mar. 123 Mar. 123 103 Mar. 103 Mar. 11854 Mar. 10154 Jan. 96 Mar. 100 Mar. 90 Mar. 92 Mar. 10454 Mar. 118 , 90 90 Sale 96 99 9454 9154 100 - Mar. Mar. Sale 10554 10754 Mar. 10654 10454 106 Mar. 22 20 23 Sale 118 11754 Mar. Sale Sale 11254 Sale 11154 Mar. Sale 90 93 16 9054 Mar. 11 106 11054 Sale 110 Sale 106 Sale 105 Mar. 5 113 ll\K Mar. 23 Sale 95 9854 96 9454 Mar. 18 9854 9554 Sale 106 10754 10654 Mar. 22 107 54 Sale Sale 108 „ Mar. 8554 Jan. Mar. 1 10554 Jan. Mar. 12 1043 Mar. 29 11454 Mar. 16 Mar. 22 11454 Mar. 6 Mar. 22 10854 Mar. 1 Sale Jan. 1 30 106 18 2054 Mar. 10 1 23 11954 Mar. Sale 11354 114 90 90 Mar. 17 Mar. 1 Mar. Mar. 6 20 Jan. 11754 Mar. 11154 Mar. 110 105 95 100 95 23 1215 114 Mar. 116 1095 Mar. 9454 Mar. 10554 Mar. 8 Mar. 16 Jan. 15 2 9054 Jan, 10754 Feb. 23 10654 Jan, 27 Mar. 11154 Jan. Mar. 10354 Feb. 27 114 101 101 107* Jan, 25 Jan, 7 Mar. 16 Jan. 15 Jan, 7 Jan. 8 Jan. 2 Jan. 11 Jan. 4 30 N. Y. STOCK Sales in March Price BONDS Value N. Y. 63,555 1937 Mft. 1953 M (Del) 5a ... UNJRRft Canal Go gen 4a.... 1944 m United Drug Go ♦{♦United Ry« St L lat a *» 21,000 U S Pipe & Fdy conr deb 35* « 542,000 V 8 Rubber lat k ref 5a aerlea A., 17,000 ♦United Steel Wka 4 4 Ha aer A-. 14,000 ♦65*« aerlea G 24,000 ♦Sinking fund deb 4Hi* aer A.. 181,000 Utab Light & Trac lat k ref 5a.. 417,000 Utah Power Ac Light lat 5a 406,000 {♦Utilities Pow At Ltg deb g 55*«. ♦Debenture 5a 804,000 Vandalla conaol 45,000 4,000 359,000 290,000 45,000 3,000 92,000 633,000 « Ask Sale S e 1934 J 1946 M 8 'mi 1947 150 Sale 1951 27 1951 1947 "275* 1944 1035* 1055* 1944 Sale Sale .*47 1959 260,000 Vanadium Corp (Am) conr Aa... 1941 "4",5oo a o 99 J* 4a A......—1955 f a 2957 MN ..1942 j Virginia El & Pow 4a aer A 1955 Valron Goal Ac Coke lot g 5a....1949 Va Ac Southwest lat guar 5a....2003 First cons 5a ....—1958 .... d M N m e j j a o 09J* Sale 655* 112 70 115 98 100 Virginian Ry lat & ref 35*8 aer A. 1966 M 8 1065* Sale 162,000 tWabesh RR 1st gold 5a 1939 MN 95,000 ♦Second gold 5s_..........—1939 f A J 1st lien 50-year gold cerm 4a. 1954 J 1035* Sale 965* Sale 7,000 5a ...1941 .1939 1941 ...1941 Dea Molnea Dlv lat g 4a Omaha Dlv 1st g 3Ha. "2* 555 Tol At Chic Dlv 1st g 4a j j 14",555 102 j 77 67 a o M 8 {♦Warner Qulnlan con* deb 6a. .1939 M {♦Wanen Bros Co deb 6a 1941 M Warren R R 1st ref gu g 3Ha 8,000 61,000 285,000 Wash Wat Pow lat ref 5a - 71 w Sale Sale 625* 615* Sale 1035* Sale Sale Prices 1055* 160 157 1 Mar, Sale 1055* Mar. 23 245* Mar. 17 245* Mar. 19 Mar. Mar. 15 Mar. Sale 25 Mar." 325* Mar. 29 Mar. 245* 245* i~28"" 24 1005* Sale 995* 100 %. 1025* Sale 62 ; Sale 615*.. 615* Sale 615* Sale Mar. Mar; Highest Sale Prices Sale Prices 2 1005* Mar. 31 1035* 113 Feb. 23 1145* 4 325* Mar. 29 365* 9 148 Jan. 4 1705* 6 1055* Mar. 23 1075* 3 22 Jan. 20 335* 3 245* Mar. 19 325* 3 22 Jan. 14 325* 2 Mar 24 1055* 5 100 Mar. 23 1065* Mar. 3 Mar. 3 Mar. 3 Mar. 2 Jan. 21 Jan. 7 Jan. 8 Jan. 11 Mar. 9 Feb. 108 96 835* Sale 975* 855* 995* Sale 1950 j d 1265* 1225* 1085* 1085* Sale 1235* 867,000 West Maryland 1st g 4s.........1952 124,000 First Ac ref 5H« series A......1977 West N Y Ac Penn Gen a o j j gold 4s...1943 A o {♦Western Pacific lat 5s aer A 73 Mar. Mar. Mar. 2 60 Jan. 6 69 Jan. 2 Mar. 16 Mar. 2 58 Jan.- 7 675* Jan. 27 1035* Mar. 1 1085* Mar. 16 Sale Sale Sale Sale 1085* Sale 56 5* 625* 110 Sale 72 109 Sale 1095* 109 4 Mar. 112 985* Jan; 4 1085* Mar. 16 4 Mar. 27 Mar. 45* 975* Sale 80 105 -."C" 80 Sale 91 75 995* 995* 425* Sale 39 5* Sale 41 V 4 Jan. Mar. 17 4 Mar. 17 325* Mar. 16 1 6 60 110 Mar. 110 1005* Mar. 1045* Mar. 1 110 3 Mar. 27 1035* Mar. Mar. 23 975* Mar. 5 1 80 Mar. 9 99 Mar. Mar. Mar. 93 1 995* "425* "39"" 9 80 Mar. 75 Sale "405* "425* ■'■■43 41 ■'•■'(■ 395* 27 Mar. 64 102 695* 1105* Mar. 17 Mar. 79 "685* "415* 94 2 1085? 100 80 2 Mar. 1045* Mar. 60 Mar. 99 1005* 101 H 995* 1045* Sale 1025* Sale 1015* Mar. IO25* 1035* 1005* 101 Mar. 995* Mar.""§ 445* Mar. 8 415* Mar. 6 415* Mar. 395* Mar. 405* Mar. 44 41 395* Mar. Mar. Mar. 40 38 Mar. 17 5 Mar. 435* Mar. 6 3951 Mar. 10 Mar. 2 9 99 Mar. 27 Mar. 18 1015* Feb. 10 22 1075* {Jan, 8 Mar. 27 1035* Jan. 16 21 22 93 Mar 23 985* Jan. Jan. 825* Fen. 10 86 L025* Jan. 18 1065* Feb. 3 1 80 /; Mar. 785* Feb. 9 67 Feb. 17 8 715* Jan. 975* Jan. '7 995* Jan. 27 39 Feb. 10 445* Mar. 8 Feb. 15 375* Jan. 375* Jan. 375* Jan. 27 37 5 28 4 Sale 40 Sale 105 Mar. Sale Sale 80 95 Mar. 88 6 80 Mar. 995* Mar. 12 95 Mar, 22 8 83" ' Sale 98 Sale 535* Sale 72 Sale Sale 44 Mar. 17 38 Mar. 40 Mar. 31 37 1095* Mar. 16 .05 945* Mar. 22 495* Mar. 22 985* 535* 725* ^ 80 79 79 785* 1025* 103 Mar. 29 1025* 1015* 1025* 107 1085* 1085* Mar. 12 109 1105* 1085* 1055* Sale" I645* Mar. 24 106 121""' 123 120 Mar. 8 120 1155* 118 117 1175* 1175* Mar. 6 118 1185*, 117 107 Mar. 27 1085* 1085* 1075* 1095* 107 Mar. 23 106 105K Sale 1045* Sale 102 m Sale 72 35 405* Mar. Mar. 19 Mar. 11 Sale —..✓a m _ Mar. Mar. 27 20 22 22 Mar. 6 Mar. 17 4M 41 Mar. 5 435* Mar. 6 Mar. 10 Mar. 17 Mar. 31 40 1095* Mar. 16 !P Feb. 90 73 Mar. Mar. Mar. 25 Mar. 8 Mar. 24 1015* 1085* 11254 104V" Feb. Mar. Mar. Feb. Mar. 19 80 Feb. 29 1025* Feb. 12 1105* Jan. 25 1125* Feb. Mar. 4 24 1085* Jan. 120 Mar. 18 1275* Jan 1175* Mar. 6 1235* Jan. 1065* Feb. 11 1085* Jan. Mar. 2 102 22 1035* Mar. 106 1105* 1115* 23 107 19 111 38 38 1946 M 8 Fund At real est 4H» gold Gold 1950 MN .1951 j 5s j d 1960 M S Gold 5s ♦Westphalia Un El Pow 4s West Shore 1st 4s guar..... 1951 j 2361 j Wheel Ac L Erie RR 1st con g 4s.. 1949 M 8 a Wheeling Steel Corp 45*s ser A..1966 White Sewing Machine deb 6s 1940 MN j {♦Wickwire-Spen St'l Co 7s.Jon 1935 Ctfa dep Chase Nat Bank. MN 533,000 78,000 Wilkes-Barre At East 1st gu g 5a. 1942 j d Wilmar At Sioux Falls 1st 5a 1938 j j 283",555 Wilson'At Co 1st M 4s aer A 195 15,000 Wlnaton-Salem S B 1st 4s I960 224,000 {♦Wisconsin Cent lat gen g 4s..1949 ♦Certificates of deposit 17,000 38,000 ♦♦Sup At Dul Dlv At Ter lat 4S.1936 MN ♦Certificates of deposit..... 9,000 {♦Worcester AcConn East Ry 4Hsl943 22 j f {♦Wickwlre-Spencer Steel 1st 7a.l935 j Ctfa dep Chase Nat Bank.... 155,000 1045* 1115* 1075* 1085* j Registered 2361 i j Wheeling & Lake Erie Ry 4s D..1966 M S Sale 102 995* Mar. Sale 1055* Mar. 1065* 107 1115* 1085* 1115* 1095* Mar. Sale Sale 37 365* Mar. Sale 365* Sale 355* Mar. Sale 1025* Sale 1025* Mar. Sale Sale 105 1045* Mar. 1055* 1045* Sale 1045* Mar. 1035* Sale Sale 39 Sale 38 105 112 Sale Sale 103 Sale 975* Sale 955* 94 105 1065* Sale 24 Sale 96 Sale 106 1125* 113 1025* 1025* 1045* 1045* 1125* 102 35 395* 36 Sale 615* 635* 395* 495* 1035* 1015* 1105* 1055* 1025* 1035* 113 115 355* Sale 31 325* 255* Sale 21 28 > 105 19 105 109 Sale 100 405* Sale Sale 105 Sale 1115* Sale 28 29 110 Sale 1045* 105 Mar. 18 Mar. 24 Mar. 13 Mar. 16 995* Mar. 12 1045* Mar. 13 105 435* Sale 405* Mar. Sale 3951 Mar. 4051 Mar. m 45 6 Mar. 31 Mar. 2 25 405* Mar. 8 29 395* Mar. 17 23 1035* Mar. 3 18 1075* Mar. 1 31 1055* Mar. 12 915* Mar. 22 865* Mar. 23 Sale" Mar. 23 1095* Jan. 2 18?* IP Sale 112 99 Mar. 1065* Mar. 995* Feb. 22 1065i 1055* Jan. 21 10754 1095* Mar. 19 11151 Feb. 3 4054 355* Jan. 30 39! 1025* Mar. 23 104! 1045* Mar. 18 Ill 105 Feb. 23 107; Mar. 10 1045* Mar. 31 109! Mar. 3 19 Mar. 24 25! Mar. 6 915* Mar. 22 100! Mar. 10 865* Mar. 23 96 Mar. 11 105 Mar. 13 106! Mar. 1 109 Mar. 16 113! Mar. 1 995* Mar. 12 103! Mar. 8 1035* Jan. 18 105 Mar. 6 345* Jan. 47 Mar. 8 35 495* Mar. 1 1025* Mar. 110 4 Mar. 12 Jan, 405* Mar. 1035* Feb.99 Mar. 1065* Mar. Sale 265* Mar. 315* Mar. 4 27 265* Mar. 245* Mar. 195* Mar. 215* Mar. 29 5 245* Mar. 225* 245* 19 15 205* 195* 28 225* 28 1323 1023 Sale Jan. Jan. 14 9 7 25 13 22 9 6 8 ;jv: 7 Jan. Feb. 19 Jan. 11 4 Jan. Jan. 6 Jan. 2 Jan. 19 Mar. 3 Jan. 20 Jan. Jan. Feb. Jan. 13 6 6 18 Mar. 8 47 Mar. 8 47 62 Mar. Jan. 8 12 1035* Feb. 26 9 1035* Jan. 115 Jan. 245* Mar. 2 195* Mar. 355* Jan. 325* Jan. 255* Jan. 22H Mar. 3 215* Mar. 24 Mar. 1 1625* Mar. Mar. 23 103 Mar. 6 Mar. 10 12 23 36 47 1035* 1045* 22 24 n 20 Sale 105 1045* 105 365* 18 935* 90 87 107105 93 925* 106 105 8 995* Mar. 12 945* Mar, 22 1005* Jan. 25 495* Mar. 22 14 §§* Jan. 5 Jan. 76 655* Feb. 14 Mar. Mar. Mar. 111 11 30 Feb. 1015* Mar. LOO 27 15 Mar. 17 415* Jan. 12 67 27 110 1075* Sale" 1065* 965* Sale Jan. 55* Jan. 4 Jan. Feb. Jan. Jan. Jan. Mar. Mar. 865* 1 3 Sale :! il35* 1045* Mar. 23 1095* Jan. w* 40 106 Sale 1065* 107 ♦Assented Western Union coll tr As........1938 j 18 Mar. 24 ■f-' 32,000 247,000 351,000 46,000 157,000 224,000 315,000 44,000 227,000 58,000 27,000 12,000 405,000 25,000 1 Lowest Mar. 23 Mar. 16 1105* Mar. 40 110 J 285* "40"" 1045* Sale 1055* Sale 41 109 3Hs series I—.......1966 J Sale 385* j j Sale 305* 285* Sale 1939 j 8 1065* Sale Prices 1005* Mar. 31 1025* Mar. 335* Sale 157 Highest 112 325* "395* ..... West Penn Power 5a aeries E....1963 M 1st mtge g 4a aeries H 1961 j 34 335* "415* 112 A 109 39* Sale" §§M a F 1005* Sale 114 395* 395* a 2000 Wash Term lat guar 3H* 1945 f lat 40-year guar 4a..—.......1945 f Ask Ask Bid Sale 110 *86'" 515* Sale 795* 775* 81 1025* 1105* 8 .....1948 Q M Wash Gent Ry lat g 4a 1st mtge 8 88 99 975* 405* Sale 395* Warner Bros Pictures conv deb 6sl939 M S 5,000 Weatcheater Light gold 5a v 85 j 292,000 {♦Wabash Ry ref Ac gen 5H« A-.1975 M S 99,000 ♦Certificates of deposit 519,000 ♦Ref Ac gen 5s (Feb '32 coup) B.1976 F A 22,000 ♦Certificates of deposit 373,000 ♦Ref At gen 4H8 series C 1978 AO 34,000 ♦Certificates of deposit 590,000 ♦Ref Ac gen 5s series D—.....1980 AO 2,000 ♦Certificates of deposit... 461,000 Walker (Hiram) G & W deb 45*8.1945 j"~D 321,000 Walworth Go lat mtge 4s ....1955 A O 79,000 6a debentures,..-..-..——....*1955 A O 338,000 395,000 168,000 2,000 9,000 4,000 RANGE SINCE JAN. Lowest 31 102 45* 35* 30 k }""j ... Bid March m ♦♦Vera Gruz & Pacific lat 4}£a...l934 ♦♦July 1914 coupon off.. ♦Vertlentea Sugar 7a ctfa March 1 1115* Conaol 4a Series B Det Ac Gh Ex 1st g PRICES IN MARCH Jan. 2 STOCK EXCHANGE $ 385,000 EXCHANGE-BONDS Jan. 7 2 8 4 Tao Youngatown Sheet At Tube— 1,860,000 674,000 t Accrued Conr deb 1951 F A 1st mtge a f 48 aerlea C.........1961 MN 1285* Sale 1045* Sale interest n 3Hs payable at the exchange rate of $4.8484 to the £ sterling. { Companies reported as being in bankrutpcy, receivership, or being reorganized under Section 77 of the Bankruptcy Act, or securities assumed by •uch companies. * Negotiability impaired by maturity. ♦ Bond selling flat. a Deferred delivery sales, only transactions of the current month, and not included in year's range. • Sale 1525* Sale 1005* Sale 1323 983 Under the rule sales, only transactions of the included in year's range. only transactions of the current month, and not included in year's range. x Ex-Interest, e The following cash sales were transacted current month, and not r Oash sales, during the current month and are not cluded in the monthly or yearly range: Richfield Oil 6s. 1944, Mar. 12 at 65. Rotterdam 6s, 1964, Mar. 31 at 1005*. in¬ x 1 1235* Jan. 27 1625* Mar. 6 985* Mar. 23 105 Jan. J|5 The following deferred delivery sales were trans acted during the current month and are not included in the monthly or yearly range: Cuba (Rep.) 5s, 1944, Mar. 16 at 103. Cuba (Rep.) 45*s, 1949, Mar. 23 at 975*. Denmark 45*s, 1962, Mar. 20 at 985*. Erie 4s, 1996, Mar. 15 at 98. Richfield Oil 6s -tpd., 1944, Mar. 5 at 50. New York Stock Exchange monthly and yearly record range of stock prices during march 1937 Stock Sales Shares_ March - _ - — case of stocks which sell only in Prices are on basis of 100-share effective Oct. 3 1915. all stocks are now quoted dollars per share. small way. a $284,632,000 1,131,350,000 — In accordance with a rule of the Stock Exchange, Iots except in the 1936 1937 $422,794,000 Jan. 1 to March 31——-1,050,940,000 51,016,548 179,102,685 60,346,280 159,265,706 Jan. 1 to March 31___ Bond Sales 1936 1937 March 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 regular monthly range are shown In a footnote in the month In whleh they ooeur. No account Is taken of suoh sales In computing the raage tor the year. AQQREQATE In SALES March Since Jan. 1 Shares Shares 2,900 - 280 32,400 26,400 Addressogrsph Multtgraph 10 184,906 128,800 Alasxa Juneau 633",166 Albany 8c Sus RR Co.. ..100 1 Allegheny Corp...........* 21,700 2,600 2,000 8,500 79,900 13,100 232,100 4,100 98,700 5,900 136,200 10,400 16,700 10,900 24,000 ; 730 Allls Chalmers Mfg 28,600 270,500 21,100 62,600 28,900 58,600 1,250 Alpha Portland Cement * Amalg'mLeatberCos,IncNewl 6% cum preferred.... 50 Amerada Corp. ..* Amer Agric Chemical (Del).* American Bank Note.. .10 Preferred.._...._.......50 Am Brake S 3c P Bid March 1 Ask . ... 10 380 48,500 600 180 4 800 2,260 165,000 11,200 14,800 170,600 758,700 Sale 145* Sale 900 *4% 45 % 42 Sale Sale 47 47 43 42 % Sale 38 Sale 31% Sale 17 % Sale 83 % 85 78% Sale 29 4 34 102. 81 31 5 36% Sale 83% 40% Sale 500 i 40% Sale 114 Sale Sale 20 84 Sale Sale 73% Sale 35% 6% 42% 109% 89% Sale Sale Sale Sale Sale 32% Sale 59 Sale 95% 99 73 74 117% 119% 98 Sale 653 100J Sale 84 Sale Sale 115 130 99 102 29 21 32 Sale Sale Sale Sale Sale 20 Sale Sale Sale $6 preferred............. $5 preferred............. Am Radiator 3e Stand San..* Sale 42 il Sale 1% Sale 15 26 Tobacco ........25 >5 Class B -25 17 6 Preferred.. ............100 ........... $6 preferred.............* Amer Zinc, Lead 8c Smelt...1 31,000 ; MP.' Sale Sale 147 $5 prior preferred ' ....25 Sale Sale Sale Sale 112 Sale 104% Sale Sale Sale Sale Sale 1% Sale 7% 6% Sale 7 Sale Sale 200 1 "46% 29 Mar. Sale Sale Sale 143 63 110 iff Sale MX 133 17% 22% 97% 12% 73 1% 5% 16% 155 Sale Mar. 29 Mar. 22 11% Mar. 1 14 Mar. 29 125 10 Mar. 4 Mar. 29 54 Mar. 30 27% Mar. 29 46% Mar. 30 18% Mar. 11 7% Mar. 5 41 Mar. 3% 24% 15% 48 Mar. 9 Mar, 24 Mar. 1 Mar. 22 Mar. 19 Sale 135 Sale Sale 100 Sale Sale Sale Sale Sale 22 Mar. 11 Mar. 24 L60 Mar. 19 Mar. 1 Mar. 19 24% Mar. 23 36 31 41% Mar. 2 92% Mar. 22 L43 Mar. 19 L06% Mar. 3 4% Mar. 22 c60 Mar. 10 L42% Mar. 23 57% Mar. 22 21% 47% 130 21% L68% 78% 80% L28% 16% 22% Sale 23 23 55% Mar. 12 24% Mar. 23 110 Sale 22 12% Mar. 27 Sale Sale Sale 1 46% Mar. 18 110% Sale 9 19% Mar. 22 4 66 Sale Sale 140% 132% 24 22% Sale 171% Sale 82% 9% Sale 5 100 Mar. Mar. Mar. 80 124 Sale Sale Sale Sale Sale 6 2 Sale 153% Mar. 60 Mar. 92% Mar. 62 Sale Sale Sale Sale 106% Sale 64 64% 144% 146 7% Sale 103 Mar. 1% Mar. 125 71 Sale Sale Mar. 11 14% Jan. 4 2 45% Mar. 15 69 Mar. 6 80% Feb. 15 22% Mar. 11 3 28% Feb. 36 Jan. 9 4% Jan, 26 80% Jan. 7 5% Jan. 25 Jan. 22 15% Feb. 25 loog 5% Feb. 18 59% Feb. 11 5 59 58% Feb. 17 52% Feb. 18 45% Mar. 15 Jan. 4 41% Jan. 30 36% Jan. 12 43 Mar. 20 Mar. 23 Mar. 29 Mar. 23 Mar. 23 Mar. 22 Mar. 10 Mar. 10 Mar. 18 Mar. 22 Mar. 29 99 Mar. 30 11% Mar. 22 70% Mar. 22 1 Mar. 2 21% Mar. 6 85 9 29 Mar. 77% Mar. 10 10 13 15 11 Mar. 6 3 Feb. 11 Jan. 26 Jan. 26 110 2 258% Mar. Jan. 9 26 Mar. 30 33% Jan. 16 Mar. 6 16% Jan. 13 Mar. 81 Jan. 27 9 63% Mar. 22 83% Jan. 22 Mar. 20 5% Mar. 22 14% Mar. 22 60% 225 ip 7 5 30% Jan. 4% Jan 34% Jan. . 101 83 5 2 114% Jan. Jan. 5 101% 28% Mar. 25 Mar. 31 Mar. 25 • Jan. Mar. 30 5 Mar. Jan. 23% Mar. Jan. Jan. 25 7 9 29 3 13% Mar. 31 26% Mar. 1 28 99 Mar. 2 96% Mar. 10 8% 15% Mar. 4 13 Mar. 4 225 225 13% Mar. 8 7% Mar. 3 54 Mar. 9 20% lit * Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar, Mar. Mar. Mar. Mar. Mar. Mar , 3 3 6 Jan. 29 Jan. Jan. 21 4 5 Jan. Mar. 18 21 Jan. 2 Jan. 4 2 6 18 5 4 27 17 4 58% 7 114 Jan. 27 Mar. 23 2 Jan. Mar. 22 62 Mar. 11 2 11% Jan. l 31 Mar. 4 Jan. 23 143 105 $60 4 22 18 22 22 5 13 13 3 16 15 11 4 5 8 Jan. 20 Mar. 10 Feb. 1 Feb. 15 16% Jan. 87% Jan. 72% Jan. 13 18 12 Feb. 3 29 58 Feb. 30 Mar. 19 Mar. 10 Mar. Mar. 29 Mar. 30 Jan. 4 Jan. 4 Mar. 22 Mar. 20 Mar. 23 Mar. 20 Mar. 22 Jan. 2 Jan. 13 Jan. 7 Jan. Jan. 28 22 Mar 11 68 142% Mar. 23 148 Mar. Mar. 18% Mar. 13 75 Mar. 19 154 Jan. 15 107 Mar. 29 Mar. 23 Mar. 23 Mar. 22 Mar. 10 Mar. 10 Mar. 18 Mar. 22 Mar."" 1 74%"Mar."i3 ff xiiH 13 3% Feb. 18 Mar. 3 Mar. 11 Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Jan. Jan. Jan. Jan. Feb. Mar. Mar. Mar. Mar. Feb. Mar. Feb. Feb. Mar. 88% Feb. 18 105% Mar. 11 4 Mar. Mar. 21 m Jan. 21 Mar. 11 19 nH Feb. 3 23% Jan. 41 Jan. Mar. 19 6 33% Jan. 30 Mar. 11 Mar. 3 Mar. 3 Mar. 24 55% Mar. 12 24% Mar. 23 160 K 19 125 , 3 19 11 H 13% Jan. 66 _ 11% 55% 52% 42 Jan. Jan. 25 t3p Mar. 2 Jan. 28 mJan. 18 46% Mar. 30 22% 5 11% 10 50% 20 122% 15 11 Jan. 23% Mar. 3 30% Mar. 31 13% 68% 38% 58% 15 2 29 4 225 2 Mar. 30 Jan. 13 3 16 Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. 4 13 11 11 2 8 Jan. 9 Jan. 9 Feb. 4 Feb. 4 Mar. 12 Mar. 8 Jan. 22 4 25 Jan. 28 Mar. 13 Mar. 15 Mar. 11 Jan. 22 Jan. 16 Feb. 4 Feb. 18 Feb. 18 Mar. 31 Mar. 30 8 Feb. Mar. 23 Jan. Feb. 29 41% 75% Mar. 30 Jan. 190 66% Sale 6 97 $64% Mar. 10 61 76, Mar. 6 61 % 150 Mar. 6 125 1 % Mar. 31 1% 113 Mar. 10 105% 161 Mar. 1 153% 70% Mar. 10 56 1 100% Mar. 92% 90% Mar. 12 72 134% Mar. 8 115 102 Mar. 4 100 105% Mar. 25% Mar. 11% Mar. 59% Mar . 1.22% Mar. 159% 4 . 43% Jan. 43% Jan. Mar. 34% Mar. 61% Mar. Sale Sale Mar. 101 Mar. L14 130 10 58 "3% Jan"" 29 5% Mar. 57% Mar. 58% Mar. 38% Mar. 8%"Mar. 52% Mar. 114% Mar. Mar. 117% Sale Sale Sale Sale Sale Preferred^.. ............25 For footnote* zee page 40 65% Amer Telep 3tTeleg......l00 tAmer Type Founders new..* Am Wat Wks 8c El.... ...» 1st preferred. American Woolen..... .....* Preferred..............100 tAm Writing Paper Co. Inc.l Sale Sale Sale 96% 146% 106% 5% American 5,400 Sale Sale Sale A\i Sale 17% 140 13% 24 •5% Sale 264,300 439,100 3,600 233.800 143,000 105,600 135,000 1,122,700 2,100 14% 300 Sale Sale Light........9 .... 88 97 Amer Power 8c 64 Mar. 6% Mar. 41% Mar. 104% Mar. 35 28 120% 128 143% Mar. 30 97 Sale 225 Feb. 63 % Jan. 15 Jan. Sale Prices 55 Mar.1 8 110 Sale 12% Sale 63% Sale Mar. 11 15% Mar. 3 97 233"""Mar.~"l 258% Mar.""9 Sale Sale Tob_..............9 35 Sale Sale 26% Sale 12% Sale 64%. Sale 6% Conv preferred.....100 125 Sale 50% Mar. 29 . 51 26% Mar. American News N Y Corp.. Am Sum 115 102 118 American Metal............ 158 62% Sale 94% Sale 83% Sale 25% Sale 15% Sale 53 % Sale Amer Machine 3C Metals.... 138 Sale Prices 27 Mar. 8 24% Mar 2 33% Mar. 31 31% Mar. 8 3% Mar. 1 3 Mar. 2 78% Mar. 11 $71% Mar. 30 4% Mar. 1 3% Mar. 23 44% Mar. 27 39% Mar. 22 61 64% Sale 6 5 22% Mar. 11 58 61 Sale Mar. Mar. 69 80 Highest Lowest Sale Prices 55 Mar. 8 Mar. 22 Mar. 31 Mar. 25 50 53 51 Sale 200 Preferred..............100 Am Mach 3cFoundry.......* ""4% Mar."23 28% Mar. 11% Sale 15% 16% 100 Mar. 11 14% Mar.. 2 29% Sale 156 2 $71% Mar. 30 3% Mar. 23 27% Sale 31% Sale 99 ......... American Sugar Refinlng.100 Preferred .............100 Sale Sale Sale Sale 1% Sale 108% Sale 161 Mar. 18% Mar. 23 81% Mar. 27 63% Mar. 22 128 n2%173 3 26 Sale 7% Sale 47 108 95 50% Mar. 29 59 Mar. 1 74% Mar. 23 18% Mar. 1 24% Mar. 2 31% Mar. 8 Sale 68% Sale 36 Highest Sale 156% Sale" Corp...... Stores.......... 82 Sale Sale Sale Preferred..............100 fig 111 Sale 117"" 34 Amer Steel Foundries..... 43% Sale 24s"" 139 American Ice American Sale 69% 141% 67 Sale 2,630 21,500 32,900 3,600 19.000 140,500 37,700 121,000 4% Sale Sale 233 Lowest Sale Prices 97 Sale" ,14* 178 188 53 45 49 v* 36% Sale 33% Sale 27% Sale 142,700 Sale Sale 100 470 Sale Sale Amer Home Products.......1 ............. Sale Sale 53 Sale Preferred. 72% Sale 54 50 Preferred Sale Sale American Hide 3c Leather. Amer Locomotive 21X8 26% 32% 3% 62% 69 74% Sale 146% 150 66 2d pref A_.._^.......... Amer Internat Sale Sale Sale 916,200 American Rolling Mill 25 20,300 Am Safety Razor new..-18.50 57,100 American Seating Co.... 17,970 American Shipbuilding ....* 324.500 Amer Smelt 8t Refining, 4,100 Preferred...111 19,400 3d Preferred...........100 969.985 Rights...... 8,200 American Snuff ........25 770 Preferred..............100 42,100 3,500 4% Sale Preferred (6) 6% preferred 52 65 79 56 56 48 108 225"" Sale' 51 60 56 Am Hawaiian Steamship...10 ., 8,000 11,500 Sale" 178 ......... 330 14% Ask 97 100 68 M. 7,600 747,385 2,600 Sale" 65 Preferred............... 830 190 458,400 7,100 13,100 13,580 187,700 mm 59 76% Sale 18% Sale 25% 25% 33 33% 3% Sale 74% Sale 4% Sale 180 American Express Co 100 Am 3c Foreign Power.......* 886,300 80,300 109,100 26,000 32,300 380,800 ) 48,100 21,500 127,500 40,000 107,100 130,200 18,300 174,000 117,700 202,200 V 1,600 4,760 828,600 33,000 49,500 156,600 13,500 17,800 6,400 4,400 273,200 29,700 6,200 42,500 11,000 36,900 27,900 3,900 67,200 27,200 51,400 mm 69 15% Sale 25 % Sale 35% 36 3 Jg Sale 78 Sale March 31 Ask Bid Bid .'4Ut mm 60 63 % 68% ... , 35,700 53,000 23,900 I * 2,810 5%% conv preferred....100 67,100 Rights.. 157,300 American Can............25 4,000 Preferred... .100 79,200 Amer Car St Foundry 11,100 Preferred 100 v: 57,500 American Chain...........* Preferred 5,100 ...100 .* 3,000 American Chicle...... Am Goal Go of Alleghany 20 County, N J 25 142,800 American Colortype.......lO 100,600 Am Com Alcohol..........20 117,800 Amer Crystal Sugar Go 10 1,550 6% 1st preferred.......100 251,600 Amer Encaustic Tiling.... .1 4,900 Am European Securities... 67,100 63,500 1,500 18,700 2,900 16,900 1,200 1,100 V Min.10 265,900 36,900 14.800 10,566 Gold 88,600 Pref series A130 warr'ts .100 Pref series A S40 warr'ts 100 14,900 10,000 Pref series A $30 ex-war .100 32,100 $2.50 prior conv pref.... 146,400 Alleghany Steel........... 10 Allegh 3c West Ry 6% quar 100 42,700 Allied Chem 3c Dye... * 60,200 Allied Mills Go Inc... ..* 572,600 Allied Stores Corp 13,700 5% preferred..........100 21",300 800 25 42,400 Advance Rumely 66,700 Air Reduction Inc..... ....* 118,500 Air-Way Elec Appll Corp....* 20 Alabama 8c Vlckzburg Ry.100 42,300 34,900 30,900 30,100 34,600 287,500 Abraham £c Straus.........* Acme Steel Co ....... 10 57,600 22,900 57,200 2,100 49,700 135,200 \i Par 228.800 Adams Express * 11,300 Adams Millis...............* 11,500 28,100 20,700 _ Jan. 2 1937 V , RANGE SINCE JAN. 1 Price N. Y. STOCK EXCHANGE 2,900 Abbott Laboratories.......* 170 8,900 80,800 4,500 10,300 610 PRICES IN MARCH stocks m outsldeof the Jan. 29 Jan, 5 Jan. 21 Jan. 20 .Jan, 20 Jan. 11 Jan. 13 Jan. 25 Jan. 8 Jan* 28 Feb. 4 Jan. 26 Feb. 3 Jan. 13 Feb. 1 Jan. 18 Jan. 12 Jan. 22 Jan. 22 Feb. 23 Feb. 23 Feb. 23 N. Y. STOCK 32 EXCHANGE—STOCKS t ——— ' SALES AQQREQATE Since Jan. 1 : 110 2,700 352,200 10,900 1,200 V. 22,100 17,700 10,600 T . . • 70 48,100 1,600 1,600 1,200 ■ifev ' ' V .i !; v 900 f "« .1 . ' 122,300 67,600 -/:.5.ioo ::>•.V 4,600 : : ' ■"■> 608,800 72,300 2,900 i ^ ! • ■■ ^ , >"• ■ 670 82,200 ■■' 11,200 vV-W-v 2,160 ! 170,400 -V 16,100 : , 20 ' 4,700 1,400 Preferred 895* 185* Sale 70 " Sale 1013* 1025* 45>! Sale 25 26 5* 405* 43 315* Sale 112 ... ... Sale Bid 62 Sale 84 94 32 8 Sale 44 Sale 1225* ----1105* Sale 135* Sale 995* Sale 100 105 685* Sale 165* Sale 145* Sale 96 Sale Sale 24 98 985* 100 116 115 Sale 535* 555* 51 98 1035* 105 8254 765* Sale 102 102 5* 1015* 48 Sale 25 26 39 38 34 110 18 130 165* Sale 285* 30 7 75* 36 385* 6 J* Sale 412,300 Baldwin Locomotive Works ' 220,600 Assented..... 15,600 Preferred —100 16,500 Preferred assented 1,080,700 Baltimore Ac Ohio —100 144,900 Preferred.. .—..—100 8,100 Bangor A Aroostook 50 3,670 Preferred.. —100 281,100 Barber Co Inc...........—10 • 40,100 Barker Bros.... 6,130 55*% preferred 50 724,300 Barnsdall Oil Co.— 5 57,300 Uayuk Cigars. Inc new, * 130 1st preferred....... -.100 22,900 Beatrice Creamery......—25 ; 3,700 $5 preferred w w * ...... — - , 260 Beech Creek RR Co..—.—50 4,700 Beech-Nut Packing...... .20 79,300 Beldlng-Hemlngway « 260 350 ' •. Vt.:. 1,630 68,300 44,100 188,400 Borden Co. (The) —15 82,600 Borg-Warner Corp........ 10 4,140 320 391,800 166,500 14,800 12,500 Briggs Manufacturing Brlggs Ac Stratton... ' *» v; 9,600 i Brown Shoe. Inc.........—* 6,300 97,300 195,100 V 1,380 497,800 4,800 324,300 105,900 45,800 126,100 82,300 15,090 . 35,100 9,200 2,200 ' Bridgeport Brass Co......—* * ...* Bristol-Myers Co... 5 62,900 Brooklyn & Queens Transit.* '' ' 12,100 102,400 Bldyn-Manhattan Transit * 16 preferred series A 5,900 * 33,400 Brooklyn Union Gas........* 1,200 54,900 33,500 " * Class B 59,400 Boston Ac Maine.........100 25,500 tBotany Cons Mills A... 50 133,700 • 100 620 72,500 73,400 5,000 3,200 13,600 3,300 49,200 2,300 16,600 2,200 28,700 47,600 • ...5 660 Blumenthal A Co pref.. 5,700 , Bendlz Aviation Corp 371,000 Boeing Airplane Co ..5 48,500 Bohn Alum A Brass Corp 5 ..* 3,830 Bon Ami class A 35,600 ■V-r * 56,800 Beneficial Indus Loan Corp.* 21,700 Best Ac Co %* 836,500 Bethlehem Steel Corp (Del).* 45,000 5% preferred 20 18,200 7% preferred 100 11,100 Bigelow-Sanford Carpet Inc ♦ 48,800 Black & Decker Mfg Co * 264,400 til aw-Knox. 770 Bloomingdale Bros.. —* 93,600 14,400 , ... Beig Nat Rys part pref 600 215,700 5,600 270,000 11,800 6,200 3,600 10,200 75,400 1 .. ... , 1,700 12,300 300 54,700 18,700 .; 505* - Sale 115 Sale 81 127 155> 3154 Sale 128 155* Sale 85* Sale 495* 85* Sale 46 Br u n s wlck-Bal ke-Coll... * Bucyr us-Erle Co.......—.10 7% preferred now 100 Budd (E G) Mfg—........—* Preferred 7% ...100 Budd ♦ Wheel Bulova * Watch—....... Bullard Co * ........ Burroughs Add Mach...——* IBush Terminal Co..... * 7% debenture.......—100 9 5* Sale 75* Sale 88 88 215* 335* 405* Pref ctfs of deposit.....100 13,460 10 212,000 Butler Brothers 5% conv preferred—.....30 96,100 .5 474,400 Butte Copper Ac Zinc 225,000 Byers Co—.......—....* 980 87,800 32,400 62,000 70,200 ' , ... • 2,490 : 38,700 12,100 700 ...1 1,266,500 724,600 Calumet Ac Hecla Cons Cop .5 56,700 Campbell W Ac C Foundry...* Canada Dry Glng Ale. ,—.5 210 Canada Southern Ry Co..100 465,800 110 661,600 194,600 3,000 7,900 " ■ 820 . 5' •: 17,900 124,700 1,700 12,900 1,270 7,300 183,600 320 r • •, 86,600 Carriers & General 52,600 Case (J I) Co Pref 7% 2,000 Corp 1 100 —.—— 54,400 Caterpillar Tractor - 100 * • 576,900 Celanese Corp of America. 7% preferred .......100 5,100 . 73,400 ICelotex Co - . • 5% preferred 100 4,450 32,500 Central Agulrre Associates.* 1 843,000 Central Foundry Co 1,060 Central 111 Lt 45*% pref.,100 100 29,200 Central RR of N J 34,500 Central Violeta Sugar Co..19 10.600 8,900 13,200 23,320 100 290 87,800 68,200 2,620 25 ... < 530 ' Pacific 190 Car Clinch F & Ohio Ry..100 Stamped 100 560 60 150 34,300 10,500 Canadian * 7.400 Cannon Mills 19,600 Capital Admin Co Ltd c A..1 Preferred class A..._....10 1,510 , • Preferred..—.1.—..100 9,720 70,900 Byron Jackson Co..........* 53,500 Calif Packing Corp.........* 700 Callahan Zinc-Lead.. 369,800 136,900 13,400 239,900 , 245* 38 345* 11154 175* 515* 82 155* 305* 85* 485* 8 Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale 120 Sale 100 595* Mar. 22 855* Mar. 27 195* Mar. 12 1085* Mar. 29 8 43 119 4 110 Mar. 23 35 Mar. 1 85* Mar. 23 455* Mar. 29 121 1095* Mar. 29 115* Mar. 12 96 Mar. 23 x99 Mar. 9 65 Mar. 29 14 Mar. 22 13 Mar. 27 95 Mar. 2 205* Mar. 23 98 Mar. 31 116 Mar. 1 495* Mar. 24 100 695* Mar. 10 955* Mar. 17 235* Mar. 22 111 Mar. 103 Jan. 18 Jan. Jan. 97 Feb. 23 26 4 245* Jan. 16 Feb. 13 7 111 3 106 29 41 Mar. 11 119 Mar.s 6 1075* Jan. Mar. 55* Jan. 8 375* Jan. 12 105* Feb. 10 Jan.' 7 46 7 Sale 90 1115* 275* 3954 435* 1105* 405* 285* 1125* 113 385* Sale 435* Sale 435* 4354 107 54 Sale 405* Sale 285* Sale Sale 35 41 265* 40 "275* Sale" ] 8 112 Sale 115 245* 255* 101 1015* 405* 415* 10854 112 135* Sale 835* 255* Sale 225* Sale 595* 615* 7554 Sale 195* Sale 12654 127 665* Sale 3454 Sale 2454 Sale 305* 33 935* 995* 34 5i Sale 425* Sale 88 435* 265* 755* 85* 35* 90 Sale Sale Sale Sale 354 175* Sale 53 5* Sale 485* Sale 305* 185* 1125* 26 5* 10454 48 Sale 215* Sale 1105* 1115* 125* Sale 97 103 95* 515* 355* Sale Sale Sale 335* Sale 75* 75* 28 203.200 Century Ribbon Mills Preferred Cerro de Pasco Copp 409,900 Certain-Teed Prod 6% prior preferred— 22,410 Fjc footnotes see page 40. * 100 * 1 100 2554 14 275* Sale 295* Sale 55* Sale 285* Sale 865* Sale 28 Sale 455* Sale 1275* Sale 64 Sale Sale 2654 Sale 285* 30 92 945* 475* Sale 465* Sale 88 89 45 455* 265* Sale 775* Sale 10 Sale 35* Sale 35 21 Sale 5454 Sale 48 49 45 Sale Sale 155* Sale Sale 285* Sale 60 615* 145* Sale 60 615* 155* 155* 525* Sale 1015* 1035* 75* Sale 138 1415* 1255* 124 56 4 815* Jan. 2 2 96 34 Jan. 29 13 Mar. 27 95 Jan. 5 101 Jan. 125 114 Jan. 9 125 Mar. Mar. 9 6 Mar. 3 Mar. H Mar. 2 Mar. 17 Mar. 13 495* Mar. 24 Feb. 695* 1005* 445* 245* Jan. 4 875* Mar. 25 104 555* Jan. 26 29 Mar. 31 Mar. 11 37 125 Mar. 23 133 2 305* Jan. 145* 285* 75* 395* 654 Mar. 18 Mar. 3 Mar. 12 Mar. 25 Mar. 3 195* Sale 42 6 Sale Sale 285* z425* Sale Sale 28 97 97 375* 3954 175* Sale 345* Sale 85* Sale 28 Sale 84 Sale 295* Sale 43 Sale 185* 345* 285* Sale Sale Sale 60 Sale 165* Sale 57 58 Sale Sale Sale 35 375* 165* Sale 34 Sale 75* 295* 815* 315* Sale Sale 845* Sale 40 Sale 505* Sale 55* Sale 455* 435* 415* 55* 40 395* 455* 205* 195* 1085* 11% 84 10 225* Mar. 555* Mar. 3 3 30 30 31 49 Mar. 2 44 Mar. 31 Mar. 10 Mar. Mar. Mar. Mar. Mar. 30 4 22 29 22 Mar. 20 Mar. 23 4 Mar. 1 Mar. 12 Mar. 8 Mar. 6 Mar. 12 Mar. 3 Mar. 31 Mar. 3 Mar. 2 Jan. Feb. 17 38 26 5* Jan. 5 165* Mar. 31 5 114 Jan. Jan. 5 16 25 Jan. 4 205* Mar. 18 56 Feb. 5 73 Jan. 4 30 Mar. 23 225* Jan. 28 90 335* Jan. 41 Jan. 855* 415* 265* 725* 85* 35* Mar. Mar. Jan. Jan. Jan. Mar. 1 .395* Mar. 29 50 Mar. 22 35* Mar. 22 60 Mar. 155* Sale 14 Mar. 22 53 525* Mar. 19 165* Mar. 22 505* Mar. 31 ----- Sale Sale 10154 1025* 100 8 Sale 754 163 165 158 100 149 Mar. 22 1 43 Mar. 1 505-4 55* 19 5* 365* 385* Mar. 31 Mar. 3 Mar. 9 Mar. 3 Mar..19 60 Mar. 1 175* Mar. 6 Mar. 3 185* Mar. Mar. Mar. 23 1005* Mar. Mar. 19 1025* Mar. Mar. 1 85* Mar. Mar. 22 16854 Mar. Mar. 24 127 5* Mar. Mar. 23 9954 Mar. Mar. 22 365* Mar, Mar. 31 1135* Mar. Mar. 22 48 5* Mar. Mar. 22 825* Mar. Mar. Mar. 9 36 Mar. 30 125* Mar. Mar. Mar. 23 104 Mar. 31 415* Mar. 19 5* Mar. Mar. 6 Mar. 1 145* Mar. Mar. Mar. 30 106 Mar. 22 865* Mar. Mar. 18 215* Mar. Mar. 30 795* Mar. 11 58 52 13 10 11 8 5 2 11 1 4 8 1 1 8 3 5 17 3l 21 Feb. 8 9 21 21 2 Mar. 30 155* Feb. 87 8 Mar. 17 305* Feb. 11 235* Jan. 5 625* Jan. 8 1055* Mar. 11 165* Jan. 4 5 22 12 2 5 28 23 4 22 30 30 31 38 Jan. 295* 325* 945* 495* 485* Mar. 10 Jan. 7 Jan. 16 Mar. 3 Feb. 13 93 21 Jan. 22 455* Jan. 14 28 18 Jan. 835* Feb. 11 155* Mar. 23 45* Jan. 11 235* Feb. 23 595* Feb. 11 535* Feb. 13 Mar. Mar. Mar. Mar. 28 Mar. 31 385* Jan. 14 40 Mar. 10 53 Jan. 12 97 Mar. 25 1025* Jan. 2 14 395* 455* 205* 195* 1085* 115* Mar. Mar. Jan. Mar. Mar. Mar. 75 Feb. 95* Jan. 51 Jan. 47 8 Jan. Jan. 30 525* Jan. Jan. 30 50 4 245* Jan. 22 255* Feb. 29 1175* Mar. 22 145* Jan. 75* Jan. 27 Jan. 5 7 245* Jan. 135* Jan. 295* Jan. 55* Jan. 7 5 4 2 7 11 3 12 11 7 15 655* Mar. 4 13 Feb. 6 4 Mar. 22 23 Jan. 98 13 23 455* Jan. 2 18 355* Feb. 9 115* Jan. 29 39 Feb. 1 27 Mar. 22 Feb. 1 Mar. 2 Mar. 3 Feb. 25 335* Mar. 9 81 Mar. 22 91 27 Jan. 5 395* Mar 29 345* 485* 505* 65* 205* 375* 50 Mar. 22 25* Jan. 15 4 Mar. 22 305* Mar. 23 275* Jan. 4 60 Feb. 14 Mar. 22 27 525* Mar. 19 455* 185* 365* 95* Jan. 21 12 Mar. Feb. Mar. Feb. Jan. Feb. 385* Mar. 31 25 12 61 Jan. 14 175* 615* 185* 525* Mar. 16 Jan. 9 2 13 19 Jan. 4 Mar. 11 Feb. 6 Jan. 2 Feb. Jan. 5 102 8 100. Mar. 19 106 Jan. 18 7 Jan. 6 85* Mar. 8 138 I Jan. 4 1765* Feb. 9 116 *)Mar. 24 1295*iJan. 22 15 50 99 85J* 265* 1065* 365* 76 Jan. Jan. Jan. Jan. Mar. 22 335* Mar. 85* Jan. 102 5 100 6 365* 6 1135* 13 485* 9 4 34 Mar. 23 Mar. 31 17 Mar. 6 105* Feb. 23 Feb. Mar. Mar. Mar. 825* Jan. 395* Jan. 125* Jan. 1075* Jan. 415*-Jan. 245* Jan. 145* Mar. 29) 1055* Mar. 30 115 10 4 Jan. Jan. 11 455* 435* 415* 55* 2 Mar. 4 26 Mar. 23 Feb. Mar. Mar. 22 Feb. Jan. 18 185* Jan. 27 20 1205* Mar. 24 1295* Feb. 16 56 Mar. 31 695* Feb. 10 40 29 5 112 Feb. 13 84 345*' Mar. 24 81 Mar. 17 Mar. 17 285* Feb. 9 5 1055* Mar. 8 5 435* Feb. 19 105 295* Mar. 25 2 3 85* Mar. 3 335* Mar. 9 90 Mar. 9 345* Mar. 12 42 4 31 18 5* Mar. 5 5 355* Feb. 1 205* Jan. 16 Jan. 345* Jan. 36 5* Mar. 32 Jan. 3 165* Mar. 22 325* Mar. 23 55* Mar. 22 27 Mar. 22 29 30 Feb. Feb. 435* Mar. 25 4 4 2 45 112 10154 Jan. 405* Jan. 13 Jan. Jan. 21 1105* Feb. 4 4 Mar. 85* Mar. 30 4 355* Jan. 255* Jan. 355* Mar. 95* Mar. 33 Mar. 57 Sale Mar. 465* 485* 23 5* 245* 1175* 135* 8954 115* 655* 105 43 335* Sale 99 3 Jan. Mar. 22 15 Sale Mar. 41 Jan. Mar. 23 3054 Mar. 23 285* Mar. 1 1654 17 5054 Sale 48 6 115* 95* Feb. 24 Jan. 6 120 Jan. 21 120 Jan. 4 405* Jan. 4 475* 8 Jan. 185* Jan. 9 345* Feb. 2 95* Feb. 1 525* Mar. 25 95* Jan. 12 75* 8654 885* 205* 335* ; 31 175* Sale 61 8 4 2 Mar. 25 102 Mar. 30 33 Sale Mar. 75* Mar. 365* Mar. 4 Mar. 15 Mar. 20 Jan. 6 Jan. 13 Jan. 4 38 165* 515* 1005* 1025* 75* 125 22 22 525* Mar. 25 116 1275* 1195* 122 94 Sale 87 5* 955* Sale 88 Sale 335* Sale 315* 355* Sale 275* Sale 1085* Sale 1085* 1115* Sale 108 Sale 42 Sale 415* 465* Sale 39 Sale 77 795* 76 82 Sale 80 805* 36 Sale 335* 355* Sale 365* Sale 10 1054 Sale 115* Sale 85* Sale 100 1025* 102 < 1025* 104 34 Sale 34 "375* Sale" 395* Sale 17 185* Sale 185* Sale 125* 135* 12 125* Sale "li"" Sale" 103 106 1055* 1035* 1085* 10854 111 74 815* Sale 78 Sale 71 Sale 1854 Sale 175* 205* Sale 175* Sale 73 Sale 71 79 Sale 715* Sale ..... Mar. 12 Mar. 11 Mar. 23 Mar. 2 185* Mar. Mar. Mar. Mar. Mar. Sale Sale Sale Sale Sale Sale Sale Sale 275* 835* 155* 45* 1 Sale 112 45 Mar. 27 Mar. 2 Mar. 45 Sale 455* Sale Sale 90 35* Mar. 23 495* Sale 93 Sale 39J* Sale 485* 495* 455* 225* 2054 Sale 215* 235* Sale 109 116 J- Sale 115* 125* Sale 80 875* 895* 105* 105* Sale 545* 635* Sale 425* 405* Sale 315* 345* Sale 854 95* Sale 30 32 Sale 4 Mar. 10 Mar. 29 Mar. 5 Mar. 3 Mar. 4 10 18 Mar. Mar. 6 Mar. 10 Mar. 1 Jan. Mar. 11 295* 315* 945* 495* 475* Mar. 44 7 37 Mar. 11 1165* Feb. 6 185* Mar. 6 j175* Mar. 23 515* Mar. 15 525* Mar. 10 Mar. 11 725* Jan. 8 94 36 77 Mar. 12 Feb. Mar. 17 Mar. 13 Mar. 15 3 Mar. 23 23 22 12 31 18 Mar. 24 106 111 Mar. 11 1 Mar. Mar. Mar. Mar. 9 575* Feb. 18 100 Mar. 13 Mar. Mar. Mar. 23 6 28 195* Jan. 545* Mar. 6 13 27 21 18 5 78 64 Mar. 30 Jan. 5 Mar. 31 405* 415* 8554 415* 265* 2 27 8 Mar. Feb. Jan. Feb. Mar. 6 ----- 90 Mar. 705* 165* 175* 975* 245* Mar. Mar. 24 105 25h Mar. 2 2954 Mar. 18 4 126 18 14 245* Mar. 8 Mar. 22 105* Mar. 6 85* Mar. 5 75* Mar. 22 Mar. 22 110 Mar. 23 120 Mar. 22 Mar. 24 120 Sale 110 275* Mar. 1 405* Mar. 17 Sale 385* Mar. 1 4754 Mar. 17 Sale 425* Mar. 17 445* Mar. 6 Sale 107 Mar. 22 11054 Mar. 1 Sale 375* Mar. 22 43 5* Mar. 9 Sale 295* 27 5* Mar. 23 305* Mar. 17 Sale 385s Mar. 5 4154 Mar. 20 295* Mar. 23 345* Mar. 10 Sale Sale 165* Mar. 31 185* Mar. 5 1125* Mar. 3 1125* Mar. 3 115 25 Mar. 25 27 5* Mar. 5 Sale 1065* 1025* Mar. 22 10554 Mar. 8 43 Mar. 22 43 Mar. 22 43 107 Mar. 5 112 Mar. 30 112 13 5* Mar. 23 Sale 145* Mar. 3 Mar. 17 865* Mar. 18 87 Mar. 3 Sale 255* Mar. 23 28 Sale 205* Mar. 18 215* Mar. 3 56 Mar. 23 Sale 625* Mar. 3 Sale 915* Mar. 22 1055* Mar. 11 185* Mar. 1 195* Mar. 3 Sale Sale 1205* Mar. 24 127 5* Mar. 6 56 30, Feb. 595* Jan. 18 135* Feb. 27 995* Mar. 1 101 113 Sale Sale , Jan. Mar. 25 Feb. Mar. 29 1215* Feb. 2 111 Mar. * 755* Mar. 1 87 5* Sale Sale 10054 Mar. 25 103 47 5* Mar. 22 555* Sale 245* Mar. 31 29 Sale 37 Mar. 12 415* Sale 32 Mar. 22 37 Sale 111 Mar. 15 115 113 Sale *175* Mar. 23 185* 515* 515* Mar. 15 525* 85 785* Mar. 5 94 125 Mar. 23 128 126 145* Mar. 15 175* 155* 285* Mar. 20 325* Sale 95* 75* Mar. 22 Sale 46 Mar. 3 525* Sale :Sale 85* 75* Mar. 23 2854 Sale 3154 33 90 97 415* Sale 445* Sale 855* 885* 43 5* Sale 265* Sale 815* Sale 13 5* Sale 35* 35* 465* ""25* Sale" ""45* Sale' 33 5* 325* 165* 1105* 255* 1095* 107 13 5* Sale 865* 255* Sale 215* Sale 575* 11605* 64 99 92 Sale 195* 19 Sale 435* 44 j 7 Sale 35 365* 475* 515* Sale 995* 1025* Sale 47 21 41 145* 8554 275* 215* 65* 49 Sale Sale 115 107 43 48 Sale Sale 102 105 435* 435* 4154 35 26 110 113 Mar. 23 1 1 705* Mar. 13 16 5* Mar. 1 165* Mar. 6 97 29 84 Mar. 11 Mar. 13 1354 Mar. 995* Mar. 695* Mar. 10 525* Jan. Mar. 10 85* Sale 75* Sale 90 ~37~" Sale" 265* 85* Sale 75* Sale Bush Term BIdgs— . Sale Sale Sale 110 Sale 34 Sale 85* Sale 435* Sale 1185* 120 1095* 1105* 125* Sale 975* Sale 1005* 104 67 Sale 145* Sale 13 5* 14 965* 105 205* Sale 22 Sale Lowest Sale Prices 31 Ask 66 90 215* Sale 1095* Sale 515* Sale "73"" "76"" 100 ... 23,000 Atlas Tack Corp * 71,400 Auburn Automobile * 48,900 Austin, Nichols 9c. Co ......* 4,640 Prior A * 509,900 Aviation Corp Del (The) new 3 20 A:"... , Anchor Sale Ask Bid r • r 84 % 860 230 5,700 13,200 18,300 1,460 126,800 - 53 — 105,300 9,200 6,900 , Bid 5<J Cable—-* Cap Corp——* 900 5% pref with warrants. .100 248,800 Atchison Top A S Ke i0u Preferred 100 15,600 174,900 Atlan Coast Line RR 100 7,800 AtlGAcWISS Lines * 5,900 Preferred...—......—100 317,700 Atlantic Refining 25 2,700 4% conv pref series A—100 136,900 Atlas Corp ...... 1 15,800 6% preferred..... -50 13,100 Atlas Powder..... 142,400 4,500 64,300 2,900 2,500 98,900 ' Ask Par Anaconda Copper Anaconda Wire Ac March March 1 . 600 : Jan. 2 107 Preferred... * 106 1,690 33 Sale 15,300 Andes Copper Mining Co..20 55* 5 5* 26,700 A P W Paper Co ' 42 5* Sale 18,800 Archer Daniels Mid...*...-. * 1195* 160 Preferred 1®'' 119 8,000 Armour (Del) pref 10'' 1075* Sale 75* Sale 2,007,400 Armour of Illinois.... ——5 81 Sale 27,000 $6 convertible preferred. !* 126 1345* Preferred —10' 2,800 61 Sale 60,600 Armstrong Cork Co—..... * 1554 Sale 43,200 Arnold Constable Corp— J 15H Sale 58,700 Artloom Corporation 95 100 90 Preferred .-..-.-100 21J* Sale 119,000 Associated Dry Goods......I 953* 100 4,100 1st preferred ........ 100 120 2d preferred ....... 2,600 14" 109 \ 2,800 Associated Investment Co..* 580 4,500 3,600 4,000 •: exchange 1937 1,389,700 11,700 87,800 530,000 3,700 18,900 1 Price Shares Sharer ; STOCKS n. y. stock In March RANGE SINCE JAN. PRICES IN MARCH Jan. 1 1 4 8 7 12 28 26 15 11 3 14 675* Jan. 29 165* Jan. 6 865* Mar. 10 235* Feb. 10 675* Jan. 6 82 Feb. 10 APRIL, 1937] AGGREGATE N. Y. STOCK EXCHANGE—STOCKP SALES " V • 33 RANGE SINCE JAN. 1 PRICES IN MARCH . Price In Since March Jan. 1 8hares Shares Jan. 2 N. Y. STOCK EXCHANGE March 1 1937 Par Ask Bid March Ask Bid Bid, Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices 31 Ask Champion Paper 8c Plbre Co 400 1,080 77,100 2,900 32,300 195,100 4,500 36,200 95,400 105,200 ,167,300 27,100 800 iv 11,500 90,100 4,500 14,300 26,700 24,600 46,700 . . Cab.............—6 Chesapeake Corp ......... Chesapeake & Ohio—.—..W - . IChlc Ac East 111 KK 262,900 7*4 Sale 2% Sale 14 *4 Sale 7 *4 9 31 3134 2*4 Sale : 50 City Investing Co Sale Sale 43 Sale 47*4 89 Sale 6534 Sale Sale Sale Sale 934 11 30*4 31 234 Sale 634 Sale 5*4 Sale 17*4 Sale 29*4 Sale 64 i 64*4 11*4 334 16*4 Sale Sale 3 ' 9 734 Sale 24*4 24*4 19 Sale 14 v 65 51 45 125 Sale Sale Sale Sale 109*4 110 56*4 Sale 36*4 40 81 ' Sale Sale 90 63 10*4 Sale 34*4 Sale 97,,;. . ■ — 1034 34*4 97 Sale Sale 4534 Mar, 39 Sale Mar. 11 59*4 Sale 7834 Mar. 30 5734 Mar. 27 96 Mar. 31 100 334 11*4 3*4 15*4 934 28*4 2*4 6*4 5*4 Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. 16 Mar. 24 Sale 4*4 Sale 12 Sale 334 Sale 16 Sale 8*4 2934 2*4 6*4 534 1534 2934 64*4 334 834 7*4 10 30 1834 13*4 Sale Sale Sale 16*4 Sale 66 Sale Sale Sale 24*4 Sale Sale 72 Sale 24 124*4 Sale 1 22 15 29 22 22 1 22 22 25*4 Mar. 22 6334 Mar. 23 Mar. 1 8*4 7*4 2134 18*4 13*4 Mar. Mar. Mar. Mar. Mar. 22 22 25 13 22 65 Mar. 1 3 ' 120*4 Mar. 22 71*4 Mar. 16 19*4 Mar. 24 Mar. Mar. 11 13 34 Jan. Sale Sale 87 Mar. 10 9034 Mar. 65 Mar. 13 65 Feb. Feb. 6 4 2 4 13 6*4 Jan. 8*4 Jan. 28*4 Mar. 22 Jan. 20 18 6 4 33 10*4 834 27*4 22*4 15*4 Mar. Mar. Mar. Feb. Feb. Jan. Mar. Feb. Mar. Jan. Jan. Mar. 80 Mar. 11 4 23 Jan. 61 *4 Jan. 2*4 634 534 2134 18*4 12*4 46*4 110*4 71 *4 1834 Feb. Feb. Feb. Mar. Mar. Jan. Jan. Jan. Mar. Jan. 8 3*4 7*4 634 19*4 4 , Mar. 32 Jan. 434 Jan. 3*4 Jan. 11 *4 Jan. 2 4 18*4 Mar. 6 1134 Jan. 22 2 4 16 2 6 24 13 16 22 70*4 3 34 17 4 17 9 25 17 19 8 14 29 3 4 135*4 Feb. 11 16 71 *4 Mar. 16 4 2134 Feb. 4 85 Jan. 6 92 60 Feb. 16 70 1 3 13 90*4 Mar. 6 68*4 Mar. 3 Mar. 11 434 Mar. 16 13*4 Mar. 17 Mar. 13 1034 Mar. 3634 Mar. 4 5834 Mar. 25 48 Mar. 31 100 96 6 9*4 Mar. 11 32 Mar. 4 3*4 Mar. 18 7*4 Mar. 17 634 Mar. 4 19*4 Mar. 4 3234 Mar. 9 67 Mar. 9 334 Mar. 17 10*4 Mar. 17 834 Mar. 8 25*4 Mar, .4 20*4 Mar. 17 15*4 Mar. 3 80 Mar. 11 134*4 Mar. 3 71*4 Mar. 16 21*4 Mar. 11 4 7834 Mar. 30 5734 Mar. 27 2 34 Jan. 18*4 Mar. 30 111 Mar. 11 234 Jan. 20 Sale Jan. 35*4 Jan. 39 434 Mar. 16 61*4 8*4 Sale 35 109 13*4 Mar. 17 4 Mar., 8 89 834 Mar. 31 32*4 Mar. 22 1 34 Mar. 25 42 Mar. 4 90*4 Mar. 6 68*4 Mar. 3 96 97 . Mar. 23 111 9 58 109 „ 70 "2l"" Sale" 19%; Sale 86 ..—100 ..........5 ... 10 3*4 115 81,100 City Stores 43,000 dark Euulpment • * r 10 CCC&StLRyCo pref-100 22,300 11,400 Sale 61*4 62 2 y± Sale 6*4 Sale 6*4 Sale 24 34 26 21*4 Sale 13*1 Sale . 20 5 I]* 24 885,600 Chrysler Corporation. 5 10 v-X'>./:•. 10 Cin Sand & Cleve 6% pref.50 21,300 60,800 City Ice 8c Fuel....... * 2,090 Preferred 100 5,490 ^ Sale 46*4 ~~2X ~~3~ "334 Sale" ««' . 4% preferred -.100 Chicago Great Western.. 100 Preferred 100 261,100 Chicago & North West... 100 55,800 Preferred 100 107,100 Chicago Pneum Tool ..* 15,600 Preferred ....—* 143,100 tChlc Rock Isl 8c Pac 10(1 74,900 7% prefferred..........100 73,700 6% preferred 100 7,500 Chicago Yellow Cab * 28,800 Cblckasha Cotton OH.....10 134,600 ChlldsCo.. • 1,850 Chile Copper .......25 v 111 ...100 Pref series A 770 (Chic Indianap & Louis pflOO 12,300 Chicago Mall Order Co 5 139,700 tChlc Mil St Paul & Pacific-* 339,800 Preferred...... .....100 120 3,900 68,400 99,100 87,300 10,000 18,700 3,500 40,700 17,900 19,900 1,900 8,900 51,000 730 10934 110*4 35*4 36*4 37*4 50 8534 86*4 66 *4 Sale 6% preferred...........10 Common Checker 834 Mar. 31 32*4 Jan. 4 Feb. Feb. 18 18 23 1034 Mar. 1 38*4 Jan. 18 100 Mar. 25 100 Mar. 25 100 Mar. 25 100 105 Mar. 19 109 Mar. 2 105 4134 Mar . 8 35 Mar. 19 113 Jan. 7 Jan. 5 4134 Mar. 8 Jan. 14 90 Jan. 14 Mar. 25 * 1,340 13,200 3,160 34,000 16 100 : 400 215,200 1,800 21,300 130 ,"T 20,300 2,620 1,560 510 , 44,000 1.200 2,100 V 150 55,800 46,600 519,400 19,800 69,100 1,027,000 120 12,800 315,800 200 50,000 * « 700 230 120 - Consol Edison Co of N Y Tnc * V • Pref$5 Consol Laundries Corp—. 6 Consolidated Oil Corp.. * * Preferred new.: , 7,600 2,020 647,200 2,300 171,500 5,100 48,000 5,130 : Preferred ex-warrants....* Crown WH P 1st Crown $5 pf..J • Zellerbach Corp....5 conv 100 ; Preferred. ...... ...... .100 (The).........—* 44*4 Sale 106*4 108*4 9*4 9*4 16*4 Sale 10434 106 10 1034 *4 Sale 9*4 Sale 36*4 Sale 2034 Sale 29*4 Sale 3*4 Sale 98 102 6734 Sale 2034 20*4 40*4 Sale 234 Sale 4434 Sale 2634 Sale 64 Sale 68*4 Sale 170 6*4 Sale 4934 Sale 119 125 3534 36 26*4 Sale 76 Sale 54*4 56*4 47 Sale 106*4 10934 1734 Sale 53 Sale 118*4 123 2*4 Sale 16 106*4 106*4 Curtlss Wright Corp... 1 1 Class A Cushmans Sons 7% pref..100 * 8% preferred 560 7,100 26,700 6,200 14,600 119,400 198,800 9,700 3,200 20,300 Davega Stores Corp........6 Conv 5% preferred.. 25 8,000 1,890 Dayton Pr 8c Lt 4*4 % pref 100 * 116,100 Deere 8c Co Preferred 20 19,100 26,700 Diesel-Wemmer-GilbertCor pi 0 292,400 Delaware 8c Hudson.....100 50 406,400 Del Lack 8c Western.. 36,900 Denver Rio Gr 8c Wes pref 100 .100 8,100 Detroit Edison 350 930 Detroit 8c Mackinac Ry Co 100 — 5% non cum pref 780 3,600 i Sale —50 16,400 Cudahy Packing 127,902 Curtis Publishing Co (The)* Preferred _.......* 16,900 15,500 Cutler-Hammer, Inc—.....* 440 17 126 3,800 5,100 17*4 20 1634 19*4 17*4 18 78*4 84 90*4 Sale 80*4 110 5*4 Sale Cuba RR pref.. ......100 201,600 Cuban American Sugar....10 Preferred 100 5,410 1,283,800 505,200 " 1,450 11,000 Devoe 8c Reynolds \ For footnotes see page 40. —100 —• 90*4 Sale 110 Sale il28*4Mar. 18 165 Sale 141 Sale ; 46*4 Sale 24*4 Sale 2634 Sale Sale 13*4 Sale Sale 39*4 Sale 18*4 6 *4 Sale Sale 19*4 Sale 80 1634 1734 108 34 Sale 105*4 Sale 29*4 Sale 28*4 Sale 43 , Sale 1734 Sale 8 144 Sale 147 12 Sale 21"/, 25 61 Sale 24 26*4 116 Sale 125 36*4 44*4 17*4 101*4 Sale Sale Sale 102*4 92 34 42*4 15*4 98 92 6034 104*4 107*4 101*4 Sale 62 7134 Sale 109 Sale 1834 Sale 3*4 Sale 59 Sale 17*4 4234 Sale Sale 17*4 18*4 82 92*4 92 434 16*4 42*4 106*4 13 15*4 10434 8*4 134 834 34 2934 34*4 4*4 109 60 Sale 24*4 41*4 3*4 41*4 3134 72*4 6734 162*4 7*4 51*4 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 11534 121 35*4 Sale 25*4 Sale 88 Sale • 44 52*4 45*4 11934 20*4 Sale 73*4 Sale 132 Sale 2*4 Sale 12*4 Sale 1134 Sale 120 Sale 43 Sale 19 102 7 Sale 6834 Sale 106*4 Sale 1834 Sale 3 Sale 56*4 Sale 15*4 Sale 42 Sale 16 17 17*4 60 Sale 22*4 Sale 39 , 3 4434 3234 68*4 67*4 160 Sale Sale Sale Sale Sale Sale 66*4 Mar. 23 104 18 3 56 . 15 / 40 Sale 117 Sale 30 24 Sale 23*4 Mar. 11 78 Sale 78 50*4 4334 22 51*4 44*4 Sale Sale 116 Sale 40*4 Sale 1734 Sale 7 Sale 8834 Sale 20*4 Sale 82*4 Sale 55 Sale 82 84 Mar. 31 10 Mar. 30 101 Mar. 23 Mar. 24 Mar. 22 Mar. 1 Mar. 4 Mar. Mar. Mar. Mar. 81 Mar. 24 55 Mar. 25 81*4 Mar. 23 16 Mar. 16*4 1734 1634 17 * 20*4 Mar. 20*4 21*4 22*4 Sale 107*4 101*4 103*4 10334 Mar. 118 Mar. 128*4 Sale 121*4 Sale 30 Sale 29*4 Mar. 30*4 Sale 22 Mar. 2534 Sale 25*4 Sale 4834 Mar. 5234 Sale 4834 Sale 2034 Mar. 2134 Sale 20*4 Sale 834 Mar. 9*4 Sale 9*1 10 105 70*4 137 11 26 Sale 126 10 20*4 73 8134 135 2*4 14*4 12*4 11 120 12 43 24 19*4 31 103 7 Mar. 1 834 2034 Mar. 22 2334 110*4 40*4 17*4 99*4 125 127 10 11*4 27*4 Mar. Feb. 3 Feb. 4 30 29 85 62 112*4 32 34 41*4 15*4 97 *4 4 29 90*4 8 8 2 4 1 69 3 4 56 Mar. 3 Mar. 2 Mar. 11 Mar. 5 Mar. Mar. Mar. 3 3 8 Mar. 2 Mar. 5 Mar. 11 Mar. 10 Mar. 8 Mar. 1 Mar. 22 12 125*4 30 39*4 22 46*4 30 20*4 29 108 Mar. 9 101 Mar. 23 69*4 Mar. 15 114 1 11 17 Mar. Jan. Jan. Jan. 31 20 20 14 8 14 80*4 Jan. 26 25 Mar. 29 21 13 13 11 7534 19*4 45*4 19*4 Jan. Feb. Mar. Jan. 11 23 17 Mar. 31 13 34 Mar. 22 80 Jan. 7 22 Jan. 14 8834 Jan. 14 90*4 Feb. 2 434 Mar. 22 95 1334 Jan. 4 3634 Jan. 2 16*4 Mar. 30 15 18*4 Jan. 87 92 15 Mar. 2 Mar. 11 Mar. 5 534 Jan. 20 1834 Jan. 9 22 49 *4 Jan. 23 Jan. 12 30 108 13 *4 Feb. 26 4 26 1734 Mar. 11 16 105*4 Jan. 23 2 1034 Jan. 4 2 134 Feb. 27 26 1234 Mar. 22 Feb. 24 51 Mar. 22 vMar. 30 3934 104*4 9*4 15 34 105*4 734 *4 8*4 Mar. Mar. Jan. Feb. Mar. Feb. Jan. Jan. 3 Jan. 102*4 Jan. 3234 Mar. 31 3754 Jan. 14 5*4 Jan. 15 13 10934 Feb. 17 2 5934 20*4 3834 234 40 *4 26 34 63*4 65*4 Feb. 8 Jan. 6 Mar. 30 Jan.. 2 Mar. 2 Jan. 4 Jan. 4 Feb. 24 30 Mar. 31 2134 74*4 50*4 43*4 Jan. 25 2834 Jan. 15 Jan. 7 100*4 Feb. 3 Mar. 30 56*4 Jan. 8 Feb. 20 47*4 Jan. 28 Jan. 15 122 Feb. 10 69*4 Jan. 2534 Jan. 4234 Jan. 3*4 Feb. 45*4 Mar. 3534 Mar. 77 Feb. 71 *4 Jan. 160 Mar. 19 171*4 Jan. 6 Jan. 4 10*4 Mar. 46 Jan. 4 56*4 Feb. .Jan. 116*4 Mar. 22 121 37 > Jan. 9 23 23 11 10 8 13 15 14 16 3 28 16 20 109 31 5 2434 Jan. 22 Mar. 30 101 Mar. 31 Jan. 4 8134 Mar. 3 Mar. 10 120*4 Jan. 18 135 31 3 10 3 17, 16 1 1 17 Jan. 99 51 2 Mar. 22 12*4 Mar. 1 Mar. 4 10 110 Jan. Jan. 11 1734 Jan. 1434 Jan. 12 3 30 127 5 43 Mar. 6 Mar. 2 3934 Jan. 17*4 Mar. 24 2034 99*4 Mar. 31 109*4 834 6*4 Jan. 5 19*4 Jan. 4 23 3i 80 86 Jan. 2 Mar. 2 49 Mar. Mar. Jan. Jan. Jan. 5 14 25 Mar. 27 120 Jan. Mar. 23 21*4 Jan. Mar. 12 4*4 Jan. 2034 Jan. 4 2734 Mar. 12 Mar. Jan. 8 12 33 Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Jan. Jan. Mar. 31 Mar. 1 Mar. 1 Mar. 10 Mar. 8 Mar. 2 Mar. 4 90*4 Mar. 10 23*1 74 18 37 Mar. 11 51 *4 Feb. 10 Mar. Mar. Mar. Mar. Mar. Mar. 22 17 105*4 22 135*4 25 3134 23 2634 1 5834 1 24*4 22 1034 3 8 22 66*4 Mar. 23 4 18*4 Mar. 8 Mar. 4 Mar. 9 Mar. 10 Mar. 5 Mar. 2 Mar. 17 Mar. 8 Mar. 5 Mar. 23 135*4 Mar. 6 Mar. 4 12 Mar. 9 Mar. 100 104 27*4 Sale 56*1 1 6 22 22 ! Mar. 4 Mar. 9 Mar. 8 Mar. 2 Mar. 3 Mar. 10 Mar. 8 73*4 Mar. 6 71 Mar. 8 165*4 Mar. 2 10*4 Mar. 16 55*4 Mar. 10 116*4 Mar. 22 35*4 Mar. 1 26*4 Mar. 6 88 Mar. 19 Jan. 6 Feb. 13 Jan. 12 Mar. 9 25 43 Jan. Mar. 31 24 6334 2434 4134 334 45*4 3534 50*4 Mar. 30 52*4 4334 Mar. 3 44*4 11734 Mar. 8 121 19 Mar. 6 22*4 99 100*4 Sale 73*4 78*4 Sale 128 125 128 2 2*4 2*4 13 Sale 12*4 12 Mar. 31 58 5 31 17*4 Mar. 2 45*4 Mar. 11 18*1 Mar. 17 19*4 Mar. 18 Mar. 19 6 2534 Mar. 4 104*4 54*4 Mar. 24 6234 100*4 Feb. 25 113*4 110*4 Mar. 17 11234 5 Mar. 27 Mar. 23 30- Sale 90 Sale 160 Jan. 19*4 Feb, 111 4 3 34 Mar. 64 Mar. Mar. 2 Mar. 22 Mar. 30 Mar. 2 57 il02k Jan. Mar. 12 Mar. 29 Mar. 20 122*4 Jan. 50*4 Feb. 26 9834 Feb. 11 4 130*4 Feb. 18 Mar. 31 6 167 21 Mar. 7*4 Mar. 1 5034 Mar. 1 119*4 116*4 Mar. 22 ; 2034 Sale 3 40*4 30*4 6734 6634 Jan. 26 Mar. 5934 Mar. 30 2034 Mar. 19 3834 Mar. 30 126 4 5 20 16*4 Mar. 3d 47*4 Mar. 30 78 j Jan. 2 11 Mar. 27 109 Sale Sale 9*4 7134 Mar. 19 2 3 1 9 Mar. 23 9*4 Sale 53 100 20 3 167 5734 Mar. 3 58 20*4 Mar. 1 2534 Mar. Sale *102*4 Mar. 4 103*4 Mar. Sale 54*4 Mar. 24 60*4 Mar. 110 Mar. 1 11034 Mar. Sale" 110*4 Mar. 17 11234 Mar. Sale Mar. 29*4 Mar. 10 37 43 Mar. 22 4834 Mar. Sale 25*4 23*4 Mar. 15 27*4 Mar. Mar. 28 25*4 Mar. 23 30 27 26 Mar. 25 2834 Mar. Sale 112*4 Mar. 12 125*4 Mar. Sale Mar. 3234 Mar. 30 39 Sale 41*4 Mar. 22 45*4 Mar. Sale 15*4 Mar. 30 18*4 Mar. Sale Mar. 97*4 Mar. 29 104 95 Mar. 90*4 Mar. 9 95 Sale 56*4 Mar. 23 62*4 Mar. 100 Mar. 15 104*4 Mar. 104 Sale Sale 133 6 Mar. 31 Mar. 31 Mar. Sale . 61 96*4 Mar. 11 130 Sale 17 Mar. 31 20 17 14*4 Sale 1334 Mar. 22 Sale 85 Sale 85*4 83*4 Mar. 20 87 95 89 Mar. 29 82*4 89 Sale -.-.110 91 Mar. 9 92 94 434 Sale Sale 434 Mar. 22 5*4 15 Mar. 30 17*4 Sale 15*4 15*4 4034 Sale Sale 3934 Mar. 22 43*4 105 Sale 104*4 Mar. 30 107 Sale Sale 11*4 Sale 1034 Mar. 29 13*4 16*4 Sale 15*4 Mar. 1 1734 Sale 106 10434 105*4 105*4 Mar. 16 10534 8 834 Sale 8*4 734 Marl 12 1 Mar. 18 1 Sale 134 Sale 12 Sale 8*4 Mar. 1 Sale 1234 34*4 Mar. 2 51 11 34*4 47*4 Sale 32 Sale 28*4 Mar. 5 3234 Sale 3134 Sale *"34 Mar. 12 34*4 Sale 4*4 4*4 Sale VA Mar. 12 Sale Sale 103 Mar. 29 10934 109*4 103 18*4 1534 52 Mar. "47*4 Mar."30 1 45*4 25 Sale 48*4 49*4 8234 Sale 36 Sale 27 Mar ."30 88*4 Mar. 22 129 57*4 58*4 58 2434 20*4 Sale 103*4 10434 103 57*4 Sale 56*4 * pref Crucible Steel of Amer Cuba Co Sale 37 —* 900 7% preferred..j .....100 21,200 Cream of Wheat ctfs—....* 48,000 Crosley Radio 138,600 Crown Cork 8c Seal........* $2.25 conv pref w w ...* 3,700 100 i Preferred 120 1834 Sale 3*4 Sale 69*4 7034 1334 14*4 ..1 — 790 185,000 fc 2,300 47,900 1,800 9,600 1,640 73,300 1,890 2,800 28,600 5,900 462,300 163,200 76*4 Sale warrants..100 231,800 Continental Can...;.—....20 76,300 Continental Diamond Fibre 5 77,500 Continental Insurance..2.50 1 385,300 Continental Motors 274,200 Continental Oil of Del.....5 Continental Steel Corp.....* 76,900 16,470 Corn Exch Bank Trust Co..20 25 87,400 Corn Prod Refining. Preferred. .............100 2,900 * 423,800 Coty.Inc 25 111,800 Crane Co 13,100 31,000 90,100 122,900 27,600 2,750 29.900 600 203,400 • z , 1,200 : oref Sale 117 Publlc'ns 23,300 Consolld RR of Cuba pref.100 • 449,700 {Consolidated Textile. 162,500 Consolidation Coal Co vtc.25 5% preferred v t c 100 31,520 358,400 Container Corp of America.20 ...* 177,500 Continental Bak cl A Class B —• 620,200 Preferred 100 5,700 69,300 : Prior 132 Sale 130 143 98 111*4 120 ....._.* Consol Film Industry v 68 Commonwealth 8c Southern * 400 ( 4,500 153,600 72,500 14,900 92,900 55,600 96,800 4,600 12,300 30,800 1,600 92 4,100 Congress Cigar............ .* 1,540 Conn Ry 8c Ltg 4% pref...100 * 32,900 Consolidated Cigar Preferred —.100 j 980 Prior preferred (4*4) .—100 1,130 290 10,900 12,000 203,800 5,500 „ Sale 27 119*4 121 35*4 Sale 42 42*4 1834 Sale 105*4 106*4 vv"'..* Preferred 21- 25 23 160,400 Congoleum-Nalrn Inc......* 200 ^ 20*4 100 Comm Inv Trust 54,000 Conde-Nast v , 9.000 f 1st preferred.... 47,200 290 f 2d preferred... .......100 Columbian Carbon * 1,325,400 11,000 5,300 K 35,500 l 1,700 100 Colorado 8t Sxucbern 37*4 Mar. 22 "47" —III "47 *4 108*4 Sale 46 $4.25 con; pref ser of *35..* 6,000 664,000 Commercial Solvents.......* , "si/ 420,200 r Colorado Fuel & Iron Corp..* 84,800 25,500 2,600 164,800 127 108*4 Sale 38*4 Sale 90 20" "2934 "27*4 "29*4 58,300 Columbia Pictures Corp vt c * 6,900 $2.75 conv pref * 1,118,300 Columbia Gk Kl common... * 11,000 6% pref series A........100 1,380 5% preferred ...100 10 138,000 Commercial Credit 5,800 4*4% conv preferred....100 230 ! 90 50*4 100 —-* 58,600 7.480 4,560 19,000 10,500 15,500 2,200 282,800 3,200 78*4 Sale 84 122*4 124 56 57 20*4 Sale 10334 104*4 58*4 Sale 11234 114*4 100 5% conv pref 860 Colonial Beacon Oil Co 740 Sale - 126 * 980 980 38 84 47 82 29,300 Cluett, Peabody 8c Co......* 440 Preferred.... ......100 29,500 Coca Cola Co (The) * 2,300 Class A • 391,200 Colgate-Palmolive-Peet Co..* Preferred 100 7,000 93.100 Collins 8c Alkman Preferred 1,510 Sale 47 36 50 Special— 10854 Sale 111*4 Cleve Graphite Bronze (The) 1 60 Cleve & Pitts RR Co 7% gts.50 6,200 110 15,700 H - Cleve Elec III $4.50 ser pref..* Mar.10 Jan. 4 81*4 Mar. 23 16 Mar. 22 20*4 Mar. 22 62 4 Jan. 11 Mar. 1 Feb. 11 Jan. 6 Mar. 4 Mar. 6 Jan. 14 Feb. 27 90*4 Mar, 10 18*4 Jan. 16 24 Feb. 5 103 34 Mar. 17 109 Jan. 5 10434 Jan. 5 135*4 Mar. 10 29*4 Feb. 20 3134 Mar. 5 22 Mar. 23 42*4 Jan. 17*4 Jan, 29 Jan. 5 5834 Mar. 17 24*4 Mar. 8 7*4 Jan. 10*4 Feb. 18 125 Mar. 23 146*4 Jan. 7 10 Mar. 23 61 Jan. Jan. 4 4 9 4 19 2 12 26 Jan. Jan. 2 8 76*4 Feb. 17 N. Y. STOCK EXCHANGE-STOCKS 34 SALES AGGREGATE In March Jan. 1 Since Shares Sharer 28,200 6,200 9,100 1,100 103,100 7.200 212,500 12,900 2,000 11,9U0 290 920 12,200 43,100 9,800 67,900 1,200 1,400 2,100 3,100 6,800 1,400 Price N. T. STOCK EXCHANGE Jan. 2 130 Douglas Aircraft Co Inc....* con* Preferred....... ......10® 40,600 2,400 107,500 Du Pont de Nem & Co (El).20 6,400 6% non-voting deben ..100 380 960 Duauesne Light 1st pref.. 100 174,700 Eastern Rolling Mills. 5 29,000 Eastman Kodak Go. of N. J-* 43,800 13,500 660 24,800 87,400 64,200 2,250 93,500 1,090 v 92* 8,000 10,000 14,100 15,800 21,900 3,100 Preferred..............100 55,000 Eaton Mfg. Co...... 4 179,100 Rttlngon Schlld..... —-• 199,000 Electric Auto-Lite (The)...5 11* 800 600 200 9,400 193,300 58,300 20,800 10,406 42,200 11,600 5,870 2,100 12,500 100 15,300 7,800 180 1,700 1,800 20,500 26,900 16,200 8,000 3,500 10,800 66",500 3,500 12,900 54,500 1,800 700 29,500 7,500 610 38.500 0 16* 119* Sale Sale Sale 114 Sale 134* Sale 162 * Sale Sale Sale Sale 13,900 32,100 130 34,200 41,200 12,800 4,000 5,200 70 266,600 42,200 60,900 100 10 "If, 500 750 522,800 8,500 1,500 19,800 1,600 2,700 269,200 American shares......... 862,800 Blec Power Ac Light 48,700 $7 pref 26,500 $6 pref................... 33,700 Elec Storage Battery 60,400 tBlk Horn Coal Corp.......* 110,700 Preferred......—.—-...50 Sale Sale Sale Sale Sale 84 Sale Sale Sale Sale Sale Sale Sale Sale 72 Sale ...100 Preferred..... Electric Boat — ....... 115,200 490 120 171,600 8,800 421,400 9,200 24,800 5% preferred...........100 21,900 Engineers Pub Service..—.1 5,200 $5 con? preferred ......—* 3,600 {5.50 preferred 900 56 cum preferred * 47,400 Equitable Office Bldg ....-• 272,400 Erie... ....a—100 115,800 First preferred .......100 42,600 Second preferred.-'.....100 10 Erie & Pittsburgh RR Co_.50 33,300 Eureka Vacuum Clean .5 Sale Sale 36,850 Fairbanks Co 25 10,640 Preferred ............—100 44,700 Fairbanks Morse 5c Co.* 2,000 6% conv preferred——100 69,100 Fafardo Sug Co Porto Rico.20 80,760 Federal Light 4t Tractlon..l5 1,300 Preferred....... a......* 9,406 Federal Mining Ac Smelt. .100 5,000 Preferred... • -.100 195,600 Federal Motor Truck.......* 123,000 Federal Screw Works.......* 117,900 Federal Water Service A....* 17,200 Federated Departm't Stores.* 9,600 4* % preferred.....——100 33,700 Fidelity Phenix Fire Inl.2.50 10 Filene's (Wm) Sons Co——* 146,800 Firestone Tire 5c Rubber—10 9,300 Preferred series A......100 36,700 First National Stores —* 185,300 Flintkote Co (The). -* V 12,400 Florence Stove Co.......—* 3,000 Florshelm Shoe (The) cl A..* 125,606 tFoilansbee Bros...........* 22,666 Food Machinery Corp new 10 1,490 4H% conv preferred—.100 ...... 113,000[Foster-Wheeler _ .... ......10 2,610 7% conv preferred........* 43,300 Francisco Sugar Co ....* 640 Franklin Simon pref......100 155,100 Freeport Sulphur Co Sale Sale Sale 58 Sale Sale Mar. 57* 57 111* 108* Mar. Sale 11 Mar. 63 Mar. Sale; 70 68 Mar. 80 Mar. 79 Sale 7* Mar: 78 Sale 84) 89. •88 8* Sale Sale Sale 24)4 .... - ... 310 Preferred 76,600 General Public Service. 44,200 General Ry Signal 250 Preferred. * * ..100 541,506 Gen Realty 5c Utilities Corp.l 29,500 Preferred * 41,400 General Refractories.. * 8,910 Gen Steel Castings pref.. * 84,600 Gen Theatres Equip Corp...* 9,900 Gen Time Instrum Corp....* 426,560 Gillette Safety Rasor ......* 9,400 Convertible preferred....* 281,406 Glmbel Brothers...........* 12,800 50 preferred..............* 115,600 Glldden Co (The) * 9,766 4*% conv preferred.....50 227,400 Gobel (Adolf) 1 164,460 Goebel Brewing Co 1 210 Gold 5c Stock Teleg Co...100 475,700 Goodrich (B F) 30,900 55 preferred..............* 1,064,500 Goodyear T 5c R 30,866 71,460 For footnotes see page 40. ♦ 57 2nd preferred.........* >5 preferred..... ...» ...... Sale Sale 29* Mar. 23* Mar. Sale" Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale' Sale Sale 44 Sale Sale Sale 50 35 Sale 50 Sale Sale Am Sale Sale Sale Sale Sale Sale 40 106 m 074. Sale 41)4 30* Sale Sale Sale 123)4 116* 122 47* Sale 119 Sale Sale Sale Sale 70 108"" Sale Sale Sale Sale Sale 146 Sale Sale Sale 64 Sale Sale 42* 2* Sale 75 SUH ■ 77 Sale Sale Sale Sale 117 .17* Mar. 23 Sale Sale Sale Sale Sale Sale" 61* .16* 49* 12* 75* 17* Mar; Mar. Mar. Mar. Mar. Mar. 22 120* Sale Sale 109* .09 Mar. 109 Sale Sale Sale Sale Sale Sale 117 Sale 44 Sale Sale Sale 116* Sale 30 31 23 16 30 Mar. 22 i30M Sale Sale 60* Mar. 22 Sale Sale 74 30 Sale Sale Sale 28 38 Sale 17 85 85 40* 18* Sale 86 _87 * 27* Sale Sale Sale Sale Sale Sale 57 Sale 88* 47* 55* Sale 6* Sale 7* Sale 110 Sale 119 Sale 113 Sale 86 Sale Sale Sale 39* 135* Sale 117* Sale Sale 136 Sale Mar. Mar. Mar. Mar. Mar. 23 10 31 22 22 25* Mar. 22 86* Mar. 23 44* Mar. 27 55 Mar. 20 5* Mar. 11 6* Mar. 23 L13 Mar. 7* Mar. 30 13* Jan. 4 26* Jan. 2 22 Jan. 27 80 Jan. 14 12* Mar. 29 28* Jan. 5 Jan. Mar. 20 Mar. 31 ll 83M 14* Jan. Mar. 3flf 2t4 Mar. 1 5 Jan. Jan. Jan. 2f 2f If Jan. Jan. 11 70 14 29* Jan. If Jan. 4 Mar. 11 66* Jan. 27 05 Jan. 14 8* Jan. 5* Jan. 4* Jan. 36* Jan. 26 108% Mar. 23 Mar. 27 2 21 71* Jan. 150 02 40 21 m Mar. 31 Feb. 1£ 11* Feb. 2f Jan. 14 Mar. 4 Mar. £ 45* Jan. lg 39* Feb. 1£ 39* Feb. 19 32* Jan. 4 41* Mar. 11 Feb. £ 03* Mar. 27 107 Mar. 1 46* Mar. 30 52 48 Mar. 22 Jan. 4 34 Jan. 40 4 46 58 39 Feb. £ Feb. f Mar. Feb. £ 1 9, 6* Jan. 14 Mar. 31 47* Jan. 25 Mar. 31 16* Jan. 19 126 2 43 Jan. 4 54* Feb. _ 18 Mar. 22 135 12* Mar. 4 83 Jan. Jan. 14 12 Jan. £ 60 2 Mar. Mar. Mar. Mar. Mar. 63* Mar. 68 45 4 68) 83) 31) 42 18) 87 6 57 m 1 Mar. 3 Mar. 10 Mar. 6 Mar. 15 Mar. 4 Mar. Mar. 29* Mar. 90* Mar. Mar. Mar. Mar. Mar. Jan. 7* Mar. 33 Jan. 26 14 32* Mar. 4 65 Mar. 4 Feb. 23 152 53* Jan. 4 39* Jan. 2 2* Mar. 24 Jan. 6 Mar. 16 Jan. 11 Mar. 22 17* Mar. 23 60* Jan. 4 16* Mar. 30 49* Mar. 31 69 Jan. 6 17* Mar. 30 07* Jan. 4 4)* Jan. 4 53 Mar. 12 Jan. Feb. Jan. 3 64 Jan. 70) Feb. 77 Jan. 65* Jan. Feb. 124 70* Feb. 122* Feb. 60* Jan. 15* Feb. 80 ' Feb. 19 Mar. Jan. 110' 20* Jan. Jan. 29 4 Jan. 4 5 Feb. 15 Jan. 5 29* 90* 51* 58* 6* 8* Feb. 25 Jan. 6 115 Jan. 4 lg l 11 2 £ 1 1 2C 1£ Jan. Mar. £ Mar. £ 2f If 21 Jan. Jan. Feb. Feb. Feb. 11 17 50* Mar. 11 87* Mar. 11 47* Mar. 1] Jan. Mar. 11 Mar. 11 Jan. 7 158 Jan. 4 141 1 141 £ lg 2£ 17 27 «gg 47* Mar. 11 1 158 117* Mar. 13 21 Jan. 7 4 135* Mar. Jan. 64) 44 Jan. 13 Feb. 4 14 117* Jan. 22 5* Jan. 2C 4* Jan. 2 7 39 Mar. 22 48* Jan. 4 60* Mar. 22 70* Feb. Jan. f 73* Feb. 23 88 28 Mar. 10 33* Jan. 2£ 37 Jan. 26 43* Feb. 11 1 15* Jan. 4 20* Feb. 84* Jan. 16 88* Feb. 22 14 9 Mar. 30 50* Mar. 11 87* Mar. 11 3 Jan. If Jan. 28 Feb. 1 Mar. S Jan. £ Feb. 17 Jan. 14 Feb. 4 Feb. 11 4 153 12* Mar. 23 Mar. Mar. 20 Mar. 13 5* Mar. 44 43 68 72 60 5* Mar. 4 g 73 14* Feb. 15 126* Mar. 31 44 Mar. 30 52* Jan. 23 Mar. 16 14* Mar. v 54 58 Mar. 12 121* Mar. 2 Mar. 120* Mar. Mar. 57 19 Jan. 48* Jan. Jan. 10* Mar. 11 25* Jan. 11 2 64"" 79 Mar. 5 Mar. 25 7 106* 15* Jan. 12 19* 12* Jan. 4 15* 01 Mar. 13 105* 70* Jan. 4 86* 15* Mar. 22 19* 05 Mar. 12* Mar. 32* Mar. 36 Mar. 29 4* Jan.' 6 25* Mar. 30 3 zll4 39* Mar. 1 84* Mar. 23 39 60 Mar. 11 41* Mar. Mar. 3 Mar. 12 62 Mar. 3 117* Mar. 17 4* Mar. 23 39 1£ If 3( Feb. 1£ Feb. If Jan. If 23* Mar. 17 35* Mar. 17 Mar. 17 Jan. 14 80 Jan. 26* Mar. 22 32* Jan. 13 Mar. 2£ 09* Jan. 7 117 1 110 4* Mar. 23 53 .17 1) 3 88 Sale If Feb. 17* Jan. Mar. 25 Mar. 4 Mar. 22 65 122 Mar. 2 126* Mar. 31 Mar. 8 44 Mar. 30 48 Mar; 10 145 Mar. 29 146 Mar. 5 54* Mar. 22 Mar. 5 41 Mar. 18 Mar. 1 2* Mar. 24 Sale 65* Jan. 08* Mar. 20 115* Jan. 30* Mar. 57 Mar. 31 Mar, 16 f If If If 70 Mar. 10 149 10* Mar. 11 28* Mar. 22 Jan. Jan. 1 15* Mar. 22 18* 13* Mar. 23 15 Mar; ,13 103 70* Mar. 22 81* 15* Mar. 22 17* 68 1* Jan. 2 N2v 8 5* Jan. 4 23* Mar. 24 29 55* Jan. 14 60 80* Mar. 1 Mar. 30* Mar. Mar. Mar. 12 106 Sale 120 54 53* Mar. 31 Mar. 22 Sale Sale 29 22 60^Mar, 40 Sale 86 * Sale VP 77 7 If iffi _ Mar. 31 11 126 Sale 120. Mar. Mar. Mar. Mar. 17 101 59 Jan. Jan. 87 44* Jan. Mar. 31 Mar. Mar. 25* Mar. 30 145 69 Mar. 30 40* Mar. 11 8 ( 7* Feb. 26* Jan. 14 Mar. 21 Mar. 22 63* Sale Sale Sale Sale 148 Sale Sale IS.* Sale Mar. 30 Mar. 29 103 Mar. 25 Sale 5* Jan. 4 21* Jan. 30 5 3 11 11 17 11 Feb. 23 16 Mar. 22 60 Sale 4 93 6 Jan. 16 114 22 36 Sale Mar. 11* Jan. 38* Mar. 66 Mar. 11 63 102 Mar. Mar. 35* Sale" Mar. 2 135* Feb. 13 115* Jan. Mar. 2 17 19 175* Feb. Jan. 30 163 23 37* Feb. Mar. 29 16 22 45* Feb. 53* Mar. 12 117 5 63 Mar. 6 Mar. 122 Mar. 18 Mar,1 8 Mar. 23 Mar. 27 105 19 18 19 22 11* Jan. 75 19 Jan. 131* Feb. 112 5 16 Mar. 23 180* Jan. 5 Mar. 22 Mar. 29 Mar. 22 • 17* Sale 148* Sale 12* Sale & 69 Mar. Mar. 15 Sale 156 3* Jan. 21 * Jan 22 133 Mar. 31 4 15* Mar. 16 Sale 8* Jan. 17* Jan. 50 116* Mar. 43 Mar. 118 Mar. Sale 12* Mar. Mar. 74* 70 Sale 26* Mar. 117 113* Mar. 106 Sale 6* Feb. 24 15* Jan. 11 116* Mar. 30 5 Mar. 16 7 Mar. 31 Sale Sale 150 Sale Sale Sale. "61* Mar. Sale Sale 60* Mar. 14 34* Mar. Jan. 55 19 68 3 23* Mar. 17 35* Mar. 17 28* Mar. 17 28 1* Jan. 3* Feb. Mar. ' 1 Mar. 9 Mar. Jan. 39* Jan. Mar, 31 Mar. 23 Mar. 18 Sale Sale Mar. 15 51 12* Mar. 8 77* Jan. 25 32* Mar. 25 * Jan. 12 2* Jan. 8 63 H 120 49 4 Mar. _ Sale 62* x82 9 8* Mar. 22 4* Mar. 22 J8* Mar. 31 102 40 10* Feb. 27 60* Mar. 30 Mar. 22 _ Sale 80 Sale Sale 59 80 75 Z£7A 79 4 11 . Sale 103* 105 Sale 6 5 Mar. 10 111* Mar. 27 14* Mar. 4 60 35* Mar. 23 41* Mar. 11 103* Mar. 27 106* Mar. 5 Sale 46* Mar. 30 52* Mar. Sale 40 Mar. 22 45* Mar. Mar. 8 Mar. 22 55 52* 50 Sale 36* Mar. 18 39* Mar. 9 Mar. Sale /* Mar. 23 Mar;'31 Sale 51 Mar. 5 57 105* S!1e* m Sale 154 7* Mar. 26* Mar. Sale 65 60 40* Sale 29 9 Mar. Jan. 4 25 41* Jan. 25 45 Jan. 1 * Mar. 2 4 Mar. 17 Mar. 9 Feb. 9 38* Mar. 23 12 2 1 4 29 96 46* Feb. 17 Jan. 111 40 Sale 8* Sale 51 52* 50* Sale 124* 128 13 1.3* 80* Sale 29* Sale 112* 116 93 Sale ft* 119 22 Feb. Highest 36* Feb. 40* Feb. .8 39 44* Mar. 3 111 * Mar. 15 15* Mar. 3 53* Mar. 130 i 120 90 20* Jan. 159 157 32 16 Highest 30* Mar. 23 36* Mar. 30 24* Feb. 6 Mar. 5 Mar. 6 Mar. 2 Mar. 5 Mar. 17 17 173 161 36 Mar. 20 Mar. 31 56 150 Sale 37* Sale' 106* Sale 51* Sale 43* Sale Sale "83"" Mar. 3 1* Mar. 2 3* Mar. 5 7* Mar. 3 16 Mar. 12 Mar. 16 120 178* Mar. 3 134* Mar. 4 113* Mar. 1 36 21* Mar. 29 Sale 10* Sale 125 Mar. 4 Mar. 5 Mar. 1 Mar. 13 Mar. 8 Mar. 3 Mar. 2 Mar. 12* Mar. 29 29* Mar. 29 5* Mar. 23 4 Mar. 23 Sale 95 Sale Sale Sale 124 1 Sale Sale 27 105 Gar Wood Industries Inc...3 68,900 Gen American Investors..—* 3,100 Preferred... 53,000 Gen Amer Transp Corp.....5 128,666 General Baking Co.........5 700 Preferred • 188,700 General Bronze.. 5 114,966 General Cable.............* 34,700 Class A ...—..* 9,000 Preferred 7% 106 20,300 Gen Cigar Inc * 490 Preferred (7) ...100 826,700 General Electric...... * 138,400 General Foods ........* 419,700 Gen Gas Jt Elec Cl A * 1,350 Conv preferred A..........* t 150 Preferred A (7). ._.....* 230 Preferred A (8) • 26,700 General Mills..... _• 2,200 Preferred..............100 1,938,466 Gen Motors Corp, 10 22,260 Preferred (5)... .........* 6,966 Gen Outdoor Advertising. A* 83,100 Common— ....—* 6,060 General Printing Ink.......* 2,700 New 1 16 Sale 110. 71,900 Gabriel Co (The) Class A * 5,860 Gamewell Co (The) ..* 590 Gannett Co Inc conv 56 pf..* 116,966 Sale Sale 100 Sale Sale 24* 41* 44* 48* 12* 69* 53* Mar. 10 Mar. 10 79* Mar. 10 42* Mar. 8 Mar. Sale 103 79 112 Sale 4,686 ; Sale Sale Sale Sale Sale 215 Sale Sale Sale Sale Sale Mar. 17 Mar. 9 81* 80 10 ..100 —-—* 2d preferred.^.*....*.....* 350 6% conv pref 940 Fuller Co prior pref Sale 1 5 29 96 26 86 40* Mar. 1* Mar. 5* Mar. 23* Mar. Sale Sale 33* Mar. 39* Mar. 5* Mar. 22* Mar. Mar. 69 Mar. 69 * 113 Sale 4 75 27 ..... 111,800 Evans Products Co— 5 48,ODO ExchangeBuffetCSorp......* 90 86,900 5,900 15.600 1,770 14,200 1,900 76,000 2,100 95,500 4,200 21,600 2,800 37,800 29,200 3 —..'50 El Paso Natural Gas Co 8,200 Endicott-Johnson 110 24,700 10,700 Sale Sale Sale Sale 620 400 Sale Sale Sale 111* 130 380 28,100 20,700 Sale Sale Sale Sale 136 113 Sale Sale Sale Sale 9,580 320 220 16* 120 Sale Sale 940 43,700 1,610 3 Sale Sale * 7 .Mar. 10* Mar. 1 60* Mar. 30 49 Mar. 15 32* Mar. 25 * Mar. 24 2* Mar. 12 6* Mar. 20 15* Mar. 29 116* Mar. 30 156 Mar. 23 132 Mar. 29 112 Mar. 13 14* Mar. 1 159 Mar. 19 157 Mar. 30 32 J Mar. 23 14 Mar. 11 38* Mar. 22 111* Mar. 1 12* Mar. 23 51* 33* 1 Sale 7,400 37,400 ;•;> 1)1 h 45 11 Sale W Sale Mar. 25 38* Mar. 23 Sale Sale Sale Sale Sale Lowest Sale Prices 39 40 3 ^ 411,500 60 6,900 Sale 92 Sale Sale Sale Highest Sale Prices 30* Mar. 23 36* Mar. 30 24* Mar. 4 92 Mar. 23 22. Mar.) 22 22* Sale Sale Eiec & Musical Ind— 52,300 332,600 14,100 Sale Sale CoIZZI-* cl A..* —• 14,600 Duluth South Sh k Atl—10i» 25,800 Preferred..............105 19.500 Dunhtll Int. 1 7,200 Duplan Silk...............* • Sale 26* Sale 41* 4,500 Dresser (S R) Mfg 11,700 Class B. 40 Ask 37 39* Lowest Sale Prices March 31 Ask Bid Sale Sale Class A * 16,000 Dominion Stores Ltd-.....-* 370,800 March1 1937 Par Diamond Match........ * Participating *% Praf—25 Distil Corp-Seagrams Ltd...* 5% pref with warrants. 100 Dixie-Vortex Co..i———-* 24,100 Doehler Die Casting 103,500 Dome Mines Ltd RANGE SINCE JAN. 1 PRICES IN MARCH STOCKS Mar. 11 Mar. 11 April, 1937] N. Y. STOCK \ I AGGREGATE SALES STOCKS N. Y. STOCK EXCHANGE March Share* Shares Par 15,100 i 520 ;i 35,200 31,000 19,400 24;400 9,000 131,500 174,600 17,300 ' 60,300 Gotham Silk Hosiery...... * Preferred........-——10« 1,130 727,500 Graham-Paige Motors....— 1 Granby Cons M S 8c P— 2nd stamped new........ 5 306,100 121,900 61,900 62,400 29,900 294,900 396,300 54,700 50 37,000 210 457,700 8,000 65,500 2.670 17,100 14,700 112,700 , 1,060 9,500 5,600 34.100 1,900 170 27,200 v < ' 2,800 , i 400 620 i , 14,300 V ; 130 11,500 240 17.600 1,900 59,200 • 500 160 7,200 1,500 ' 240 ^ 2,800 17,700 62,500 24,100 ^ 5 '10 7,520 1,600 33,500 ; Grant (WT) Great Northern It ore * prop. * Great Northern pref- . . . -10«» Great West Sug ...... Greyhound Corp (The) new* 10 preferred— .... Guantanamo Sugar......—* Preferred... .....100 ...... Gulf Mobile 8c Northern—10< ..........100 Preferred. * Gulf States Steel , Jan. 2 1937 March 1 Ask Bid 11)4 Sale 9654 3 34 Sale 93 20 1154 Sale Sale Sale Sale 4554 Sale 45k Sale 2454 Sale 47 Sale 3754 Sale Sale 145 52 34 1154 9254 454 4 Sale 6254 Sale 7354 80 14J4 Sale Sale 66 144 62 15 : 54 78 33 3554 3454 3754 1354 14 2854 Sale 10554 106 10254 Sale 51 Sale ; 1054 Mar. 29 1254 Sble 454 Sale 2454 Sale 4154 Sale 43 27 i 44 Sale 5154 Sale 37 140 52 Sale Sale 66 Sale 2654 106 Sale 133 6 Sale 10054 10154 1354 Sale 110 125 164 167 654 Sale 10754 Sale Hercules Powder.......—.* 780 Preferred...—.....—100 129 63 6554 11254 Sale 12154 Sale Sale 108 Sale' Sale 54 1454 105 Sale Holland Furnace. —...* 4954 4,040 $5 cony preferred.........* 12054 89,900 Hollander (A) Ac Son... 2354 5 4254 78,000 Holly Sugar Corp..........* 30 7% preferred.———100 11354 425 11,700 Homestake Mining ...100 407 6,100 HoudalUe-Herahey el A —.* 4154 42 Class B—...............* 106,000 2454 Sale Sale 14 Sale 654 Sale 10254 104 1354 Sale 116 Sale 110 115 14854 15954 14254 150 37 3754 3254 Sale 165 173 166 13054 Sale 12854 6554 67 6054 10654 11254 10654 Sale Sale 48 107 2454 Sale 3354 Sale 11454 388 Sale 4054 41 113 47 108 Feb. 24 19 Feb. 47 Mar. 1 4054 Jan. 35 Mar. 15 13954 Mar. 31 63 ----- 2551 Said Mar. 2 1454 Mar. 30 3 Mar. 9 Mar. 5 4154 Mar. 5 1454 Mar. 25 1254 Mar. 454 Mar. 53 3254 3354 1654 2654 Mar. Mar. Mar. Mar. 106 Mar. 1454 Mar. 6 34 Mar. Mar. 3 4 5 1 Mar. 19 Mar. 10 2 105 1 5854 Mar. 5 29 13554 Mar. 13 Mar. 3 29 16 8 106 Mar. 1 7 Mar. 6 22 10254 Mar. 20 10954 15 1354 Mar. 31 11154 Mar. 20 118 149 Mar. 13 15054 3154 Mar. 29 3754 Sale 12854 Mar. 22 133 60 Mar. 13 6554 10254 Mar. 12 108 47 Mar. 1 4954 Sale 106 Sale Mar. 3454 Mar. 2054 Mar. 2854 Mar. Mar. 23 108 10354 Mar. 5254 Mar. 104 24 16 22 31 Mar. 3 Mar. Mar. 5 5 Mar. 9 Mar. 3 Mar. 24 xl7554Mar.il Mar. 18 Mar. 24 111 Mar. 2 Mar. 5 Mar. 16 Mar. 3054 Mar. 1 4 3554 Mar. 3 11454 Mar. 355 Mar. Mar. 3 431 x37 Mar. 18 4054 Mar. 2254 Mar. 22 2554 Mar. 2454 Mar. 3154 Mar. 11454 Mar. 15 Jan. 12 554 Jan. 22 2734 Feb. 1 3 4854 Feb. 475s Jan. 2854 Mar. 8 5 8 4 5554 Mar. 10 2 Mar. 15 4254 Jan. Jan. 4 14554 Mar. 2 Jan. 13 64k Mar. 10 Jan. 4 3954 Mar. 10 Mar. 3 Jan. 8 98 8 1454 Jan. 4 1654 Feb. 1154 Mar. 18 11 Mar. 9 434 Jan. 11 3 Mar. 5 Jan. 8 40 Feb. 27 59 13 Jan. 5 1754 Mar. 5 5154 Jan. 6 5954 Mar. 6 Mar 11 5554 Jan. 6 108 6 78 1354 Jan. 18 96 Jan. 5 434 Feb. 9 35 139 60 34 73 Mar. 29 1754 Mar. 166 3754 Sale 2354 Sale Mar. 3 4 4 Mar. 23 5954 Mar. 6 Mar. 1 108 Mar. 11 52 132 Sale Sale ----- Mar. 2854 Mar. 8 5554 Mar. 10 3754 Mar. 1 14554 Mar. 2 6454 Mar. 10 3954 Mar. 10 98 Mar. 3 1654 Mar. 4 1154 Mar. 18 454 Mar. 17 170 2954 Sale 3454 Sale 403 Mar. 11 3454 Mar. 22 133 1554 , 14854 158 42 107 133 5,500 Hershey Chocolate.........* 4,300 Cony preferred...........* 2 Sale 12854 130_ 1654 1654 107 10854 11,300 8 47 Sale 54 Sale 10354 Sale 3454 Sale 4754 Mar, Sale 108 106 22 30 23 1454 5354 32% 5 2 654 Jan. 4 354 Mar. 2 2154 Jan. 4 3854 Mar. 22 53 Sale Sale Mar, Jan. 25 Sale Sale Sale Sale 92 3 24 11 17 Ys 1054 Mar. 29 1254 Mar. 9 9554 Mar, 19 4k Mar. 1 Mar. Mar. Mar. Mar. Sale Sale Sale 34 5 954 Mar. 23 354 Mar. 2 2354 3854 4254 2354 1454 1154 354 3054 Mar. 354 Mar. 22 91 10354 104 5254 Sale 1554 Highest Sale Prices 88 3354 3454 3354 3454 1854 Sale 28 34 Sale 107 Lowest Sale Prices 92 Sale 354 Sale 85 43 56 Highest Sale Prices 1154 Sale 35 54 90 Lowest Sale Prices . 95 81 1554 Sale 1254 13 5154 53 57 Sale Ask 3554 Sale ""354 "354 "~334 Sale" 5154 March 31 Ask Bid 23 *4 4254 Sale 42 Bid 1254 Sale 654 Sale 454 Sale 2154 23 4354 Sale 4754 Sale 36,600 2,030 rjl"' Granite City Steel.........* 4,400 Hackensack Water...... *25 1,110 Preferred A—...........25 135,000 Hall Printing. .10 14,200 Hamilton Watch...........* 1,220 Preferred. ..........—1M 1,530 Henna (M A) Co $5 pref * 36,900 Harbison Walker Ref * 200 Preferred S%———..—100 30,300 Hat Corp class A.......—.1 710 *54% preferred——100 145,600 Hayes Body......——2 8,400 Hazel-Atlas Co.........—25 285,300 Hecker Prod Corp ▼ t c * 1,300 Helme (G W) —25 470 7% preferred 100 44,000 Hercules Motors—..—^• 2,600 : series.....* 960 Preferred........ 10® 110 Green Bay & Western RR.lOft 86,000 Green (H L) Co..........—1 620 Greene Cananea Copper—100 650 98,000 8,000 18,200 Grand Union Co trust ctfs-.l Cony preferred RANGE SINCE JAN. 1 J PRICES IN MARCH Price Since Jan. 1 130,200 35 EXCHANGE—STOCKS 3254 Mar. 24 3434 3254 Jan. 12 36 1354 Jan. 4 2054 2654 Mar. 31 31 105 54 Jan. 5 108 10154 Jan. 7 105 5054 Jan. 4 5854 Jan. 5 1454 Mar. 29 10354 Jan. 20 5k Jan. 2 101 Jan. 13 1354 Jan. 4 11154 Mar. 20 149 Mar. 13 3154 Mar. 29 129 140 Feb. Jan. 8 7 Feb. 10 Feb. Feb. 16 Jan. 22 18 Mar. 5 Feb. 26 1734 Jan. 11 10654 Feb. 10 8 Jan. 10934 Mar. 14 3 15J4 Jan. 25 126 166 Feb. 9 Jan. 6 3934 Feb. 11 15054 Jan. 5 185 12854 Mar. 22 13554 60 Mar. 13 6734 10254 Mar. 12 111 Feb. 3 Feb. 2 Jan. 21 Jan. 19 Feb. 25 5234 Feb. 5 4 Mar. 24 12054 Jan. 21 Jan. 27 3034 Mar, 9 9 7 17 3154 Mar. 4 4354 Jan. 7 11454 Mar. 3 3 11234 Jan. Mar. 29 29 355 Mar. 4 431 47 8 106 5 3 x37 Mar. 18 2254 Mar. 22 41 Jan. 5 2754 Feb. 11 Household Finance— . 14,400 700 759,50G 167,900 42,000 11,900 375,900 263,000 2,500 700 123,800 43,100 5,100 1,300 116,100 57,900 r t Hudson Motor Car.......—* Hupp Motor Car Corp.....10 254 Sale Hudson 8c Manhattan—.106 —_—100 Preferred 760 22,100 101,400 12,500 35,000 60,100 610,100 30,200 59,600 175,100 910,800 337,000 389,400 65,400 15,300 136,100 5,100 655,900 141,700 272,000 225,700 687,300 300 104,500 90,800 274,400 2,700 194,600 Internet Paper Ac Power d A * Class B. ......* 149,200 Class C.——.....* 521,900 Preferred..............100 369,600 18,600 Internat Printing Ink......* Preferred..............100 1,280 4,000 22,400 108,000 400,100 337,000 101,600 13,500 6,300 43,700 2,400 112,900 75,300 , 600 1,240 3,370 1,220 100 1,750 2,900 3,600 ; : 12,700 1 765 186,300 25,600 520 , 3,000 4,700 . 130 1,500 27,700 280 141,800 1,470 < 7,000 100 71,500 5,500 9,700 6,500 110 15,400 12,400 360 294,700 39,700 6,700 40,200 6,530 32,700 1,000 ; 23 54 RR sec stock ctfs ser A1000 Indian Refining— —10 Industrial Rayon Corp.....* Rights....... ....... I§4 Inland Steel——. 135 117 * 0% preferred..—......100 ....* Inspiration Cons Copper—20 Insuranshares Ctfs Inc..—1 tlnterboro Rap Tran y t c 100 Intercontinental Rubber...* Interlake Iron..........—* Rights—.................. Internet Agricultural...—* 100 Prior preferred Int Business Machines.....* • 7% preferred...........100 Internet Hydro-Rlec Sys A. 28 Internet Harvester,.— Internet Mercan Marine....* Int Mining Corp ——1 Internet fflckel of Canada—* Preferred .......—..100 Int Rys of Cent Amer——..* 136"" Sale Sale 5 1754 Sale " Sale Preferred................1 ...........* 6,600 Jewel Tea Inc 55,800 fohns-Manville Preferred... 100 1,640 Rights 249,200 : 8,515 Vones Ac Laugh Steel pref.100 16,400 Kalamazoo Stove Co.——10 ..... Sale 191 10554 Sale 157 1754 Sale 18 12 6 93 Sale Sale Sale Sale AL, 854 12054 84 9 Cony class B ...—1 Keystone St'l 8cWireGo new * Kimberly-Clark......-...-.* Kinney (G R) .* 8% preferred.—...——* Kresge (S S) Co ....10 Kresge Dept Stores...... 1 8% preferred 240 .—100 ■ Y • For footnotes see page 40. "Y'-V'V Y;' • Sale 2 Sale 3454 Sale 58 60 6654 Sale 2154 2254 1854 Sale 3954 Sale r254 Sale 138 140 13554 Sale" 5754 Mar. 16 3654 r254 135 "'i'-— 13354 12154 Sale 11954 Sale" 115 2554 3054 Sale 2954 Sale 554 554 Sale 554 554 1154 Sale 1054 1054 Sale 754 754 Sale 1054 Sale 22 2254 Sale 2654 Sale 54 >532 Sale Sale" 754 854 Sale 51 54 Sale 5754 Sale 17854 Sale 15954 Sale 15954 Sale 10454 Sale 156 14754 1454 1354 15 1454 Sale 754 Sale 1654 Sale 1 38 Mar. 17 1 6754 Mar. 11 6954 Mar. 3 Mar. 23 1854 Mar. 101 15054 146 1254 Sale 754 Sale Sale 1454 2554 Mar. 11 Mar. 22 1954 Mar. 10 Mar. 8 23934 Mar. 17 Mar. 1 r254 Mar. 1 Mar. 20 141 Mar. 2 Mar. 5 Mar. 27 137 Mar. 22 13154 Mar. 6 Mar. 22 3254 Mar. 9 Mar. 31 554 Mar. 8 Mar, 19 1254 Mar, 4 Mar. 1 1154 Mar. 16 Mar. 1 2854 Mar. 11 Mar. 24 54 Mar. 25 9 Mar. 31 Mar. 22 Mar. 24 5854 Mar. 31 Mar. 5 Mar. 31 185 Mar. 22 11054 Mar. 10 Mar. 2 Mar. 18 152 Mar. 22 1554 Mar. 2 Mar. 1 1354 Mar. 31 Mar. 22 1754 Mar. 9 3 265< 4854 Sale 88 Sale 107 Sale 20 Sale 24 2654 - 87 Sale Sale — 20 Sale 1754 Sale 10454 107 49 Sale 102 Sale Sale 1254 Sale 31 Sale 107 10354 10354 106 128"" Sale" 44 Sale 27 4554 Sale 1354 Sale 3254 Sale Sale - 2754 Sale 4554 Sale 15054 Sale 126 6654 Mar. 22 7354 6954 Sale 12854 13154 13154 Mar. 24 133 17 Mar. 18 23 Sale 2354 1154 Mar. 3 1754 1754 Sale 8 Sale 854 654 Mar. 3 101 Mar. 15 11754 105 Sale* 11754 Sale 45 Mar. 1 45 ; Sale 5354 5354 Sale 110 Sale 11054 11154 1C934 Mar. 10 11154 9 9 754 Mar. 31 Sale 754 Sale 654 Mar. 4 754 654 8 754 8, 56 55 Sale 5054 Mar. 19 5154 52 Sale 20 Sale 27 28 Sale 13254 125 126 8054 Sale 134 Sale 12054 124 a 454 13354 4354 120 22 Sale Sale 44 7754 79 14254 144 4254 43 3154 Sale 2554 26 10454 Sale 2054 Sale 1754 Sale 10654 Sale 40 41 33 Sale 1854 1954 1554 Sale 98 104 19 4254 Sale 6 50 2954 1054 120 Sale 12 654 7 6654 Sale 2754 Sale 14 13054 130 Sale 140 38 46 65 Jan. Feb. 4 2 5 42 Jan. Jan. 2 4 15954 Mar. 31 Mar. 22 Mar, 18 854 Jan. 4 654 Jan, 4 1454 Mar. 22 101 146 16 Mar. 17 6754 Mar. 11 72 Jan. 20 1434 Jan. 4 2554 1234 Jan. 4 2254 3654 Jan. 26 4054 254 154 Feb. 8 13054 Jan. 20 144 13354 Mar. 27 137 11254 Jan. 25 13154 2254 Jan. 4 3354 6 554 Mar. 31 1054 Mar. 19 1334 4M Feb. 5 1154 1654 Jan. 4 28k 34 % Mar. 24 Mar. 11 Jan. 20 Jan. 11 Feb. 17 Feb. 5 Jan. 21 Mar. 6 Feb. 23 Jan. 18 Jan. 20 Mar. 16 Mar. 11 Mar. 25 9 Mar. 31 5954 Feb. 11 189 Jan. 4 11154 Jan. 22 162 Jan. 18 1654 Jan. 29 1354 Mar|31 1834 Jan. 7 29 7834 Mar. 10 5 24 135k Jan. 23 2354 Mar. 31 24 1754 Mar. 31 854 Mar. 31 12 Mar. 31 6 117 41 Jan. 21 53)4 Mar. 25 109 54Mar. 10 11154 Jan. 6 6254 Jan. k Mar. 1654 Feb. 10% Feb. 534 Jan. 9054 Jan. 131 3 754 Mar. 31 654 Jan. 26 4734 Feb. 19 5 26 1 Mar. 11 Mar. 1 2% Jan. ' Mar. 13 4554 Mar. 29 3134 Jan. 90 Jan. 2 10 Feb. 16 854 5754 2834 4934 Jan. 30 Feb. 16 Jan. 25 Jan. 4 52 Mar. 11 Feb. 19 5 110 6 Mar. 30 Jan. 30 31 27 Mar. 31 36 Mar. 16 Mar. 1134 Jan. 4 2954 Jan. 26 10354 Feb. 8 107 1934 Jan. 5 2654 29 Mar. 23 Mar. 5 2554 Jan. 26 29 Jan. 16 12654 Mar, 10 12654 Mar. 29 121 7854 Mar. 22 28154 Mar. 134 38 30 2454 2454 24 103 105M108 1954 Sale 554 2254 Jan. 28 Mar. Mar. Mar. 22 10 21 21 2354 Feb. 17 31 31 31 31 53 22 1 11 20 1254 Jan . 7 18)4 Jan. 4 154 Mar. 31 Mar. Mar, Mar. Mar. Mar. Mar, Mar. Mar. 4 Jan. Mar. Jan. Mar. Jan. Jan. Mar, 30 10354 Mar. 23 107 20 Mar. 31 2454 Mar^ 3 11854 117 22 2654 Sale 40 4154 Sale 62 4954 5 1754 9054 554 1554 Mar. 4 1 14854 Mar. 10 7854 Feb. 134 Mar. 1 Mar. 8754 Jan. 1 155 5 Mar. 29 Jan. 5 8 Mar. 18 12554 Mar. 25 120 Mar. 18 126 Jan. 2 12554 120 4% Mar. 1 634 Mar. 9 654 Mar. 9 434 Feb. 24 Mar. 30 13354 Mar. s 1 123 Jan. 4 136 Feb. 15 127"" Sale" 126 42 Sale Mar. 10 Jan. 73 94 125 6054 Sale 1954 Sale Sale 27 Mar. 10 4 Mar. 25 Mar. 25 Jan. 4 Jan. 4 1554 Feb. 17 3654 Jan. 8 117 Sale Mar. 13 4554 Mar. 29 4854 4 52 10054 Mar. 25 107 1254 Mar. 31 1454 43 54 Mar. 13254 125. 42 44 26 5754 9054 1254 6234 8 Mar. 10 Mar. 10 Mar. 3 Mar. 3 Mar. 25 Mar. 2 Mar. 25 Mar. 18 Mar. 22 154 Mar. 31 65 . Mar. 20 1654 9054 554 1454 2254 254 Mar. 22 2854 Mar. 6754 Mar 94 . Sale Sale 28 Sale . Kendall Co part pref ser A—* Kennecott Copper ....* Sale 8754 Sale 454 Sale 12 1354 2154 Sale 5754 Mar. 25 Mar. 2„ Mar. 22 9054 1354 79 454 1254 1954 1954 Sale 1254 Sale 654 Sale 47x 11054 11654 2054 21 4354 Sale 2954 31 16,600 Kaufman Dept Stores..S12AO 5 2454 25 16,900 Kayser(J) Ac Co 110 150 Kelth-Albee Orpheum pf.101 104 Kelsey Hayes Wheel— Convertible class A.......1 17 39 19 Sale 93 Sale 6354 Sale 6954 Sale 134 13254 13554 133 <210 Kansas City Lt 1st pf Ser B • 100 106,400 Kansas City Southern Preferred. ............100 14,500 61,300 51,600 1,030 705,600 121,700 14,700 67,700 21,030 112,500 10,900 Sale 1854 103 152 160 954 Sale 654 654 Certificates..............* 754 Preferred..............100 5254 5,190 2654 7,300 International Salt.........* * 12,700 International Shoe.... 4954 32 39,700 International Sllrer——100 86 7% preferred..........100 3,665 12 998,100 Internat Tel 8c Tel........* 3254 63,900 Interstate Dept Stores......* 105 Preferred.............. 100 1,130 1954 26,600 Intertype Corp............* 1 2854 17,200 Island Creek Coal 300 68 15 136 2354 Sale 554 554 Ilk Sale 5 43 186 554 Sale 1354 14 2054 Sale 2854 Sale 5754 Sale 71 1554 Sale 1354 1354 3754 Sale , , Sale 68 Ingersoll-Rand— Sale 83 254 .Sale 8% pref series A.......100 Leased line stock...... 100 ... 188,700 8,200 „ Illinois Central..—......100 62 91 6454 Sale 454 454 1154 1254 1854 Sale Howe Sound tot trust ctfs—5 250 ,720 .4,980 16,100 66,500 16654 Sale Sale" "1454 Sale" c.25 3,100 3,900 V 6854 Sale 100 5% preferred— 455,200 12,700 1,980 : 9,750 104,700 150,500 214,400 14,300 246,400 , Common stock new....—* Houston OH of Texas 6554 Sale Sale 854 Sale 6854 Sale 2554 Sale 1154 13 140 Mar. Mar. Mar. Mar. Mar. Mar. Mar. 22 45 29 121 29 1 Mar. 3 Mar. 17 Mar. 17 24 4454 Mar. 22 22 35 6 Mar. 5 Mar. 2 Mar. 23 26 1 110 1754 Mar. 23 2054 15 Mar. 23 1754 10454 Mar. 22 10654 60 Mar. 23 6954 1754 Mar. 23 2054 3934 Mar. 18 4334 654 Mar. 8 954 6054 Mar. 9 71 25 Mar. 31 2734 1154 Mar. 19 1454 Mar. 1 Mar. 3 Mar. 1 Mar. 10 Mar. 8 Mar. 2 Mar. 30 Mar. 30 Mar. 1 Mar. 3 46 Jan. 6 Jan. 5 121 Mar. 17 Jan. 4 29 Mar. 17 40 Mar. 24 4454 Jan. 16 Mar. 5 2854 Jan.; 13 35 24 Mar. 22 2754 Jan. 18 Jan. 14 103 Mar. 1 110 38 Mar. 22 117 201 1734 Mar. 23 15 103 2334 Feb. 11 Mar. 23 1954 Jan. 14 Jan. 26 10954 Feb. 4 5634 Jan. 29 1754 Jan. 6 3954 Feb. 23 554 Jan. 5 4754 Jan. 12 6934 Mar. 10 2054 Mar. 8 46 Jan. Mar. 30 Mar. 31 2934 Jan. 1134 Jan. 6 15 54 Jan. Jan. Jan.25 147 25 £127 16 934 Mar. 30 71 2 16 13 N. Y. STOCK EXCHANGE—STOCKS 36 SALES AQQREQATE yY-Yy" i' 1,300 25,500 790 170 37,700 1,900 26,000 12,800 130 155,100 22,900 15,110 6,500 6,900 13,700 27,400 44,300 2,100 ■ 4,700 Kress (S H) 8c Co new * 90,100 Kroger Grocery 8c Bale ...100 2,260 Laclede Gai Preferred .........180 Y 1,800 128,800 Lambert Co (The)— .....— * 5,500 Lane Bryant. 145,700 Lte Rubber 8t Tire 56,900 Lehigh Portland Cemant. 25 4% conv preferred 100 2,140 43 : 3,100 301,900' Lehigh Valley 120,900 58,510 20,300 26,200 24,900 112,600 238,400 9,600 7,600 Lehigh Valley Coal Preferred 600 y: 4,900 17,800 5,400 16,500 400 140,000 37,300 45,600 5,800 14,000 30,800 V Y' r; : i 13,300 8,300 i,4oo 100 ' 140 6,700 24,300 . 132,100 3,200 3,400 3,000 1,940 31,100 91,700 33,600 65,600 9,100 16,200 236,400 1,700 720 246.000 13,800 y 22,590 4,500 40,700 1,850 3,500 f , 33% 131% 44 35 44% 53% Sale 14% Sale 65 7 27 Sale Sale Sale 2% 2% Marshall Field 8c Co • Martin Parry Corp.. • 19% 9% Sale 5 49 50% 19% Rights McCall Corp.............* Corp.....---— tMcCrory Stores new com 62 14% Sale 39% 48 44 50 106% 110 36 .1 18% Sale —5 McGraw Hill Pub Co • Mclntyre Porcupine Mines..5 McKecaport Tin Plate. . New....... . ... * 10 McKesson 8c Bobbins...'....5 S3 conv pref.......... an Stores Co. McLei * 1 6% conv pref...........100 * 5 562,500 11,000 7,900 8,300 5,810 56,700 Minn Moline Pow Implem..* 4% conv pref ser B 100 Minn St Paul & S ¥ Mllllioo Preferred. .............100 Leased llae.....«......100 Mission Corp.............—* Mo Kan-Texas Preferred series A tMissouri Pacific -■ 600 , 102 41% 23% 24% 39% Sale 100 41 87% Sale 100 100 Convertible preferred—100 Mohawk Carpet Mills 20 Monsanto Chemical Wks-.IO 108 Motor Wheel.. ..... 5 Mueller Brass Co 1 MulllnsMfft Corp Class B...1 5,480 Nash Chatt 8c St Louis...100 ......1 162,100 National Acme 10 68,700 National Aviation Corp National Biscuit...... 10 272,300 7% preferred 100 1,600 42,300 Nat Bond 8c Investment Co.* 5% pref series A........100 4,500 156,000 Nat Cash Register.........* 55% Sale 72 Sale 14% Sale 25% 27 109% Sale 111 Sale 162 166 22% Sale 77% Sale 57 Sale 49% Sale 78% Sale 106% 110 3% Sale 66% Sale 9% Sale 39 40 107 108 26% 146% Sale Sale Sale 24 92 90% 35% Sale 41 Sale 22% 21% 32% Sale Sale 34 21 Sale "22" Sale" 13% Sale 35 14 52 79% 106% 3% 69% 9% 37% 10% Sale r% Sale 68 Sale 38% Sale 150 160 63% Sale 14 14% 43% Sale 44% Sale 108% 32% Sale 22% Sale 103% 110 42% Sale 25% Sale 40% Sale 85% Sale 30 Sale 96 Sale 90 79 Sale 82% 11% Sale 81 106% Sale" 135" 145" 137 "39 45"" 59% Sale 17% Sale 30% Sale 39% Sale 122 Sale 103% 106 105% 115 120 102 11% Sale Sale 1% 2 3% _ 4 6 Sale 29% Sale 7 * Sale 25% Sale 3 Sale 7% Sale 31 Sale 97 98% 42% Sale 22% Sale 99% 14% Sale 37 68% Sale 23 Sale 31 Sale 46% "Sale 119% Sale 104% 107% 107 Sale 116 119% 13% Sale 92% Sale 2 Sale 4% 4% 5% Sale 27% Sale 8 31% 4% 10% 37% Sale Sale Sale Sale Sale Sale 64 Sale 45% 46% 65% Sale 3 Sale 34% Sale 93 24% Sale "33% "34"" ~31% Sale" Sale 27 29% 73% Sale 106% 108 17% Sale 98 60 61% 49 19 Sale Sale Sale Sale Sale Sale Sale 14% Sale 32 Sale 162% 33 Sale 100% 102% 31% Sale Sale Sale 21% Sale 16% Sale 32% Sale 158% 163 30 Sale -97% 99% 37% Sale Mar. < 17% Mar. 1 27% Mar. 11 49% Mar. 10 Mar. 5 194 Mar. 15 3% Mar. Sale Sale Sale 6% Mar, 24 7% 2 18 Sale Mar, 5 Mar. 11 14% Mar. 11 30% Mar. 11 4% Mar. 12 118 18 7 27 I ar. 28% Sale Sale 24% 9% % 63 Mar. 1 Mar. 1 Mar. 2 Mar. 31 11 "63% Sale" 15% Sale 46% Sale 81 Mar. 18 40% 13% 45% 16% Mar. 19 14 13 19 11 1 3 3 2 1 1 17 11 1 31 64% Jan. 4 106% Jan. 5 110 2% Jan. 4 3% 56 Jan. 4 75% 6% Jan. 4 10% 37% Mar. 31 43% 106 Mar. 31 109% 22% Jan. 4 28 % 138% Mar. 30 147% 19% Mar. 25 28% £88% Jan. 29 99 29% Jan. 4 41% Mar. 30 Mar. 16 6% Mar. 24 20 Mar. 5 53 5 5 14 14% Mar. 4 29% 11% 23% 4% 10% 6% Mar. 8 13% Mar. l 3% Mar. 29 19 Mar. 29 46 '§* % v* m 33 9 Sale Sale 30% Sale 6 10% 36% 92% 62% 40% 63% 2% Sale Sale Sale Sale Sale 45 64 Sale 33% Sale 23 48 Sale Sale 36% Sale 22% Sale 43% Sale 22 Sale 16% Sale 29% Sale 145 29 93 154 - 76 106 65 20% 40% 20% 15% 29% Mar. 18 Mar. Mar. Mar. Mar. Mar. 157% Mar. Mar. 18 9 Feb. 4 15 7% Jan. 7 12 Mar. 30 Jan. 30 16% Jan. 11 11 39 Jan. 14 16% 29% 6% 14% 3% Jan. Feb. Feb. Feb. Mar. 20 3 17 13 29 20 Jan. 21 39 Jan. 20 6% Mar. 27 51% Mar. 4 30% Mar. 10 13% Mar. 10 Mar. 11 36 Mar. 8 Mar. 15 41% Jan. 8 155 Mar. 2 Mar. 1 Mar. 1 Mar. 12 l 2 12 1 Mar. 22 Feb. 59% Jan. 12 41 43% 106% 30% 18% 98% 40% 23% 25 165 66 22 Mar. 23 23 15% Jan. 11 44 Jan. 5 45 Jan. Jan. 13 13 22 2 Mar. Feb. Jan. Mar. Jan. Jan. Jan. Mar. 7 111 16 36 Jan. 8 24% Feb. 11 25 106% Mar. 2 12 12 1 38 Jan. 3 81 Mar. 18 24' Jan. 25 Mar. 15 5 40% Mar. 19 12% Jan. 6 Jan. 4 Jan. 27 54% Mar. 12 28% Jan. 19 42% 92% 42% 16% Jan. Jan. 19 Jan. 14 8 Mar. 24 Mar. 17 47% Jan. 12 8 Mar. 6 112% Jan. 14 Jan, 6 33% Feb. 1 Jan. 12 101 Feb. 16 Mar. 6 86 Jan. 13 Jan. 2 16% Feb. 9 Mar. 23 47 % Mar. 8 Jan. Jan. 2 147 6 147 Feb. 10 Feb. 9 Mar. 11 41 Jan. 16 Jan. Jan. 72% 26% 35% 48% Mar. 5 Feb. 23 Mar. 10 Mar. 5 8 2 JanYi 4 Jan. 5 Mar. 29 122 Jan. 7 106 Jan. 2 Jan. 22 102 Jan. V' -4 120 " Mar. 17 Mar. 10 114 Mar. 18 124 Mar. 10 Mar. 11 11 Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. 88% 1% 3% 10 3 4 4 27 17 8 17 Mar. 17 Mar. 11 Mar. 4 Mar. 10 Mar. Mar. Mar. 5 6 Mar. 5 1 Mar. 3 Mar. 15 Mar. 20 Mar. 19 Mar. 1 19% Mar. 71 Mar. 22 24% 18 47% 22 24 22 17% 23 33% 5 160 Feb. 5 Mar. 10 Mar. 30 Jan. 4 Mar. 24 Jan. 2 11 9 62% Mar. 8 58% Mar. 8 15% Jan. 20 63 Mar. 10 9 5 Mar. 1 90 Mar. 13 Mar. 12 108% Mar. 9 15% Mar. 22 Mar. 17 Mar. 11 % Feb. Feb. 3 Mar. 22 '16% 92% Mar. 1 101 2 Mar. 1 2% 4% Mar. 2 5% 5 Mar. 25 6% 27% Mar. 1 33% 7% Mar. 1 9% 29% Mar. 22 34% 6% 4% Mar. 1 10 Mar. 1 12% 34% Mar. 22 38 89 Mar. 22 95 59% Mar. 22 69 41% Mar. 27 45% 63% Mar. 29 66% 2 Mar. 18 3% 31% Mar. 23 37 21% Mar. 23 24% 46 Mar. 23 51 31 Mar. 1 39% 91% Mar; 12 99% 29% Mar. 22 32% 2 Jan. 26 Jan. 8 Jan. 2 Feb. 8 Jan. 20 Jan. 13 74 Mar. Mar. 18 124 Feb. Mar. 11 X Feb. 11 60 Jan. 4 Mar. Mar. Mar. Mar. Mar. 87 Mar. 42% Mar. 16% Mar. 47% Mar. 13 9 18% Jan. . 14% Sale 4 Mar. 4% Mar. 12 114 117 Jan. 2 Jan. 9 14% Mar. 11 30% Mar. 11 119 45% 3 3 23 36 Feb. Mar. 31 132% Feb. 42% Jan. 5 50% Feb. 26 11 % Mar. 19 l Jan. 33% Mar. 10 130 Mar. 8 Mar. 8 Mar. 3 Mar. 10 Mar. 16 114 67% 23% 34 9 16 15 I07"""MarYl i20"""Mar."if 127 "38"" Jan. Mar. 81% Mar. 117 77% 13% 44% Jan. Jan. 115 90 58% Jan. 79 13 3 102 28 23 Jan. 4 137 Mar. 8 Jan. 16 21 % Feb. 11 Mar. 15 Mar. 12 175 21 23 Jan. 4 83% 52 Mar. 24 61 43% Jan. 4 53% Mar. 1 171 Mar. 10 29. 45 Mar. 23 18% Mar. 5 16% 107 Mar. 12 105% 105% Mar. 6 107 Sale 27 Mar. 23 31 Mar. 2 25% 96% 99% Mar. 6 99% Mar. 6 95 77 Mar. 6 80% Mar. 17 Sale 77 Mar. 6 Sale 11% 12% Mar. 24 15 41 % Sale 41% Mar. 23 47% Mar. 8 135 135 Mar. 11 137 Mar. 5 106% 136 Mar. 2 137 Mar. 1 117% Sale" £36% Mar. 11 38% Mar. 9 £36% Sale 66 % Mar. 23 59 72% Mar. 5 20 Mar. 23 Sale 16% 25% Mar. 10 Sale 31 Mar. 1 29% 35% Mar. 10 41 Mar. 23 48% Mar. Sale 38% 5 Sale Mar. 5 116% 116% Mar. 29 120 107% 103% 16% Sale 18 18 Feb. 36 Mar. 22 39% 37% Sale 157% Mar. 31 158 157% Sale 62% 63 61% Mar. 22 66 12 Mar. 23 12% Sale 14% Mar. 23 41 42% 41 43% 45 44% Mar. 1 44% 108% 108% Mar. 24 109% 30% Mar. 16 33 31% Sale 19 Sale 18% Mar. 22 22% 100 Mar. 13 106% 98% 103 50 Sale 42% Mar. 1 54% 24 Sale 23% Mar. 12 25% 40 Sale 38% Mar. 25 41 Mar. 18 1 3% Jan. 18% Jan. Mar. 3 3 Mar. Feb. 24% Mar. 17 17 59 Mar. 27 Mar. 4 Mar. 10 Mar. 10 Mar. 2 Mar. 3 46 4 6 203 159 4 £ 6 15% Mar. 2 28% Jan. 18 100 Mar. 23 113% Feb. 4 100% Mar. 10 114 Jan. 28 Mar. 27 14 17% Mar. 1 27% Mar. 11 51% Feb. 1 27 67% Jan. 4 9% Jan. 2 25% Feb. 25 16% Mar. 35 14 21% Jan. 6% 51% 30% 13% % 71 Sale : Mar. 2 Mar. 29 47 49 24 3 2 34% Mar. Jan. 17% Jan. 2% Jan. 13% Jan. 8 37 4% Sale 38% Jan. Mar. 2 Mar. 8 Mar. 6 Mar. 2 Mar. 31 Mar. 2 Mar. 2 Mar. 6 2 Feb. 24 Jan. 4 160 Mar. Mar. 31 130 54% Mar. 22 62% 51 Mar. 25 58% 11% Mar. 19 13% 55 Mar. 22 63 5 Mar. 9 7% Sale 15 16% Mar. 20% 56% 74% 15% 26% 110% 112% Jan. 27 Mar. 9 Feb. 25 17 3 3 130 Sale 5 24% Mar. 17 1 137 33% Mar. 10 Sale Sale 93 98 Sale 32% Sale 30% 32 76 Sale 82 Sale 106 108% 102% 108 17 Sale 18% Sale 71 Sale 66% Sale 41 Mar. 24 67% Mar. 23 13% Mar. 23 25% Mar. 24 100 Mar. 23 100% Mar. 10 159 Mar. 12 161 Mar. 22% Mar. 16 23 70% Mar. 23 81% Mar. 52 Mar. 24 59 Mar. 49% Mar. 22 53% Mar. 74 Mar. 22 81% Mar. Mar. 106% Mar. 31 107 3 Mar. 5 3% Mar. 66% Mar. 1 75% Mar. 8% Mar. 22 10% Mar. 37% Mar. 31 40% Mar. Mar. 106 Mar. 31 108 23% Mar. 22 26% Mar. 138% Mar. 30 146% Mar. Mar. 19% Mar. 25 24 Mar. 90% Mar. 31 99 34 Mar, 22 41% Mar. Sale 90 23 "45"'"41"" Mar. 18% Mar. 13 5% Sale Sale Sale Sale 40 18% Jan. 23 29 22 29 Sale 15 6 Mar. Mar. Mar. Mar. 14% Mar. 1 29% Mar. 10 11% Mar. 30 24 Mar. 31 4% Mar. 24 12% Mar. 29 34 16% 34% 4% 5 48% 50% 25% Sale 14 8 24% Jan. 27% Jan. 41% Jan. 20% 15% 24% 45% Sale 35 Sale 14% 23 21 32 35% Mar. 15% 30% 12% 31 47% Jan. 22 1 20 12% 2% 40% Mar. 20 1 Mar. Sale Sale Sale 2 23% Mar. 10 32 25 13% Mar. 23% Mar. 44 9 121 Sale 24% Sale 140% 144 21% Sale 90% Sale 38% Sale 24 Highest Sale Prices Mar. 20% Mar. 1 2% Mar. 15 13,% Mar. 1 106 Sale Sale Lowest Sale Prices 21 194 194 f, 21% Sale 2% 2% 14% Sale 128% Sale 19 Sale 50 Sale 70% Sale 14 Sale 26% Sale 103 Sale 102% Sale 155% 159 22% Sale 72% Sale 56% Sale 27 6 2% 40% Mar. 20 22% Mar. 23 15% 26% Sale 46% Sale Highest Sale Prices , Sale Prices 14% 34% Sale 33% 130 131% 61 Sale 59% 54 56% Sale 13 13% 13% 60% Sale 61% 5%. 5% 7% 6% Sale ,;y VtC footnotes gee page 40. Sale 26% 35 50 Sale 46% Sale 18% Sale 105% 106% Mother Lode Coalition.....* Morris 8c Essex 19% "13% Sale" Motor Products............* «...• 121 13% Sale 43% 65 66% 1% Sale (J) 8k Co.. 195 20% Sale 2% Sale 13% Sale 44% 45% 17% Sale 66% Sale Montgomery Ward 8c Co Morrell 22% Sale 16% Sale 25% Sale 47% Sale Lowest 31 Ask "41% "41% 94 y.'V PrftfArrA/l Sale -• 100 6% conv pref new McGraw Electric Co Sale 14% 20 Mathleson Alkali 32 32 39 5% Masonite Sale 14% 16 37% 14% Sale 24% Sale 4% Sale 10% Sale 44% Sale 22% 188 March Ask Bid 23 30 16% 904,200 Nash-Kelvlnator Corp......5 12,600 43,500 106% 107 2% 2% 57% Sale 6% Sale 41 43% 109% Sale 23 Sale 143% Sale 25% Sale 90% Sale 30% Sale 36% ... 140 Y 1,000 Sale ...100 100 Marlln-Rockwell Corp. (Del.) 1 preferred Second preferred 2,910 ..: Preferred.... * 24,800 Munslngwear * 12,930 Murphy Co (G C ).... 860 5% preferred .......100 234,300 Murray Corp of America—10 8,800 Myers (F B) 8c Bros.........* 6,730 146,500 2,240 46,000 ,11.100 80,600 Sale Preferred. ..—........100 Prior Minn-Honeywell Reft Co....* 70,800 74,800 . 1.900 Y 1 Maracalbo Oil Explor Marine Midland............ 5 Market Street Ry—.....100 13,300 1,010 165,900 234,200 71,100 196,800 100,400 40,100 640,800 6,000 1,490 675,300 39,900 84,490 4,500 90,100 ; 2.1 5 629,800 •ilami Copper 185,700 Mid-Continent Petroleum.10 * 78,700 Midland Steel Products First oreferred .100 3,730 te 220 Mllw El Ry 8c Lt 6% pref.,100 240 , ,.100 5% guar ...— T,806 , Mod 850 Merch 8c Min Transp Co 63,200 Mesta Machine Co 14,600 91,400 86,900 28,900 1,360 ; ......—.—* Bros ..... 170 : Mandel ,( ♦ 118,400 Mead Corp $6 pref series A * 720 ..* 12,100 Melville Shoe Corp 1 278,400 Mengel Co 5% conv 1st pref—.—100 2,900 Preferred. ,..-,,..*.100 8,760 7% pref ctfs of dep 100 2,610 . 4 22 , 30 210 Y 60 Sale 172 Sale 10 ; 168 21 163 Sale 4,900 42,500 2,900 Y Sale 18% Sale 58% 60 70 Sale 9% Sale 26% 27% 107 108% 40 20,900 ;v 2% Sale 16% 16% 150 670 Y 39% 160 % Sale Worki ....* 240 Y 38% 150 18 270 7% preferred.........-.100 ...10 33,800 May Dept Stores.... * 27,700 Maytag Co (The)... Pref with warrants • 3,400 YyY 140 S3 preferred ex-warrants..* $6 1st preferred ..........* ; 580 400 Y Ludlum Steel..............1 44,400 Manhattan Shirt 13,500 6,100 27,700 3,800 5,200 219,800 6,800 26,100 ' * Long Bell Lumber A-....---" Loose-Wiles Biac_.._......2? 57,000 23,600 152,400 2,600 19,100 36,200 102,400 21,200 5,200 414,400 21,600 85,500 Y l.oft Incorporated.... Lone Star Cement Corp 740 tManhat'n Ry Co.' 7% gu.100 46.300 Y; V • 7% preferred...........100 19,000 : - ——..... Certificates of deposit-.100 30 . Preferred 200 150,300 220,200 13,150 1,440 5,450 4,720 14,100 330,500 98,700 50,400 26,600 Sale 66 8,880 43,600 10,370 760 4,070 3,690 3,500 165,900 54,800 17,500 6,900 39% Sale 14% 15 % Loew's 200 14,300 V 4,800 i;: 46,200 38 18 % 54% Sale 43% Sale * Incorporated _..._..* 3,860 5,800 10,500 43 Liquid Carbonic..—... Link Belt Co .... 370 ; —* Works—.* * Lima Locomotive 44% 25 % 18 March 1 Bid Sale 23 108 100 4,300 dacAndrews & Forbes Co.. 10 260 6% preferred.............* -• 145,500 Mack t'ruck lnc ...• 114,700 Macy (R H) Co, Ine 21,000 Madison Sq Garden v t c—• —10 33,200 Magma Copper 25,200 tManatl Su^ar. 100 • ; Corp...........5 Tob com..25 Life Savers Liggett 8c Myers 301,400 46,500 3,500 12,900 10,200 ' Llbbey-Owena Ford Glass...* • Llbby McNeill 8c Llbby 93,400 10 ' Lerner Stores Corp 23 < Ask 119 Corp 5 * 910 5% preferred.. .....100 10 218,200 Lorlllard (P) common Preferred. ...—.......101) 3,950 37,000 Louisville Gat 8r Rlec A..— .* 26,200 Louisville 8c Nashville..—100 2,200 ,t. 80 — Corn (The).. tubman Lehn & Fink Products 49,700 770 11,400 8,200 460 ,• - * "B".. 70,800 Preferred 2,700 i3,ooo Lily Tulip Cup Corp 117,400 16,700 55,200 250,700 3,000 390,200 144,000 257,100 63,000 r 1937 Bid 28,100 Y Jan. 2 Par Shares Shares 1 Price EXCHANGE Jan.1 Y March RANGE SINCE JAN. PRICES IN MARCH STOCKS N. Y. STOCK Since In 4 1 Mar. 3 Mar. 11 Mar. 9 Mar. Mar. 3 2 Mar. 15 Mar. 22 29% 27 30% Mar. Mar, 99% 99% Mar. 8 100 35% Sale £34% Mar. 29 38% Mar. 3 3 9 5 Jan. Jan, Jan. Jan, Jan, Jan. Jan. 26% 6% 24% Jan. 3 Jan. Jan. 4 16% Mar. 11 7 101 Mar. 10 8 2% Jan. 23 7 5% Mar. 4 2 6% Jan. 8 14 33% Mar. 27 2 9% Mar. 17 4 34% Mar. 8 2 6% 12% 4 40% 89 Mar, 22 101 53% Jan. 27 69 41 % Mar. 27 46 63% Mar. 29 66% 3% 1% Jan. 6 31% Mar. 23 38% 21 % Mar. 23 26 46 Mar. 23 51 7 4 30% Jan, 31 Feb. 23 91% Mar. 12 27% Jan. 4 70 106 Mar. 17 Mar. 17 Jan. 23 Jan. 18 Mar. 10 Feb. 17 Jan. 18 Feb. 26 Jan. 15 Feb. 13 Mar. 15 39% Mar. 20 99% Mar. 19 36% Feb. 11 Jan. 27 90 Mar. 13 Feb. 25 108% Jan. 26 15% Mar. 22 58% Jan. 23 20% Feb. 11 71 Mar. 1 17% Jan; I 8 £24% Jan. 6 47% Mar. 18% Jan. 4 24 Mar. 13% Jan. 4 18% Jan. 29% Mar. 23 33% Mar. Jan. 157% Mar. 5 167 27 Mar. 22 33%'Jan. 99% Mar. 8 103%|Feb. 29% Jan. 5 38% Feb. 38% Jan. 28 11 9 21 2 18 13 3 25 AGGREGATE SALES In Since March Jan. 1 Shares Shares 320 400 45,900 3,260 302,600 3,000 128,200 600 320 497,300 7,300 34,000 198,000 75,300 8,500 48,000 40,000 8,700 9,400 800 12,100 59,500 39,100 4,000 14,500 8,100 3,200 4,300 150 1,070 112,300 6,700 1,405,400 24,500 18,400 4,500 1,700 3,310 3,280 < , Preferred B. 2nd ..10® ...29 71 Supply of Del...25 Preferred .........10® 67 National Steel.... National 640 47,900 2,200 650 185,600 2,200 199,300 2,300 k 870 8,000 3,000 170 20 . 8,500 30,400 110 23,900 232,000 1,300 20,900 2,330 4,200 200 316,900 3,900 41,700 4,000 30,400 239,200 12,600 8,500 12,500 32,800 207,600 41,100 i > 4,200 19,500 9,300 37.200 4,400 6,700 207,900 1,875,400 . 4,300 //:.■'// 40 500 2,300 400 42,000 29,800 96,000 2,600 < 400 ftft 1,590 2,160 59,100 13,700 900 30 93,800 2,200 170 31,000 473,300; 4,600 10 Sale Sale 105 24 Newport Industries Inc. York Air Brake...., 83 Sale 895* 45** 595* Sale 41 97 jo® 5% preferred 105* 11** 22** Sale 10® ...... 8® . 128** 130 515* Sale Sale 72 Sale 93** Sale 29** Sale 20 18 /l0/ft "1% NY Rys pf JH 1*1 Shipbuilding 7% preferred........... ,100 New York Steam pref 4% 1V* North Amer Edison pref.. ...5® 8® .TOO Preferred A..... Pacific Amer Fisheries Inc._5 134 17 135 Sale 118 78 81 67"* ~70~ 115 152 156 21** Sale 68 M 254 1055* 265* 56** 53** Sale 145* 19** 405* 130 Sale 65* Sale 38 34** 112 110 Sale Sale Sale 138 140 Sale Sale 23 Sale 70 Sale Sale Sale Sale" 23% Sale 188" Sale '| Parmelee Transport Co.... Pathe Film Corp Corp; Penlck At Ford........ Penney (J C) Co..: Penn Coal Ac Coke... Penn-Dlxle 7% 62 • 10 99 5 * preferred series A 100 Penn Glass Sand Corp v t c..* 50 Pennsylvania RR Co Rights. U ................ . People's Drug Stores lnc ...» 380 ■■''■. Preferred..............100 88,200 People's Gas L At Coke.-.lOi ' 28,400 13,600 1,900 4,100 1,700 181,200 110,100 227,200 7,300 1,000 9,130 7,670 249,600 57,800 10,200 * Peoria At Eastern........ 100 Pere Marquette.......... 100 : Prior preferred......... 100 Preferred.............. 100 Pet * MIIk....l............ Petroleum Corp.......... Pfeiffer Brewing Co...... .25 Phelps Dodge...... Philadelphia Co pref 6%. .50 $6 preferred Sale Sale 35* Sale 75 ,.. JO® 274,200 Phillips Petroleum....... 5,500 Phoenix Hosiery....^..., Preferred. 650 . ............ Pierce OH Corp 8% pref. 84,900 744,800 Pierce Petroleum 16,500 Pilsbury Flour Mills...... 24 Sale 40** Sale 50** 113 54 116 505* Sale 100 100 . at ...... .25 82% Sale 76 Sale 115 25** Sale Sale Sale 325* Sale Sale" Sale 1 , 155* Mar. 22 19% Mar. 43% Mar. 36 Mar. 22 Mar. 85 i 6 134 Mar. 97 Mar. Mar. 23 22% Mar. 25 Mar. Mar. 23 26% Mar. 22 £31% Mar. 30 43% Mar. 24 95 . 22 22 20 Mar. 12 Jan./ 7 Feb. 10 9% Mar. 8 26% Feb. 25 6% Feb. 17 5% Jan. 23 15% Jan. 22 76% Jan. 22 Mar. 23 101 Mar. 12 272 105% Mar. 29 114 250 26% 53% 13% 97% /ft/ /•/'ft Jan. 23 Jan. Jan. 2 3 14 9 Jan. 14 Feb. 3 Jan. 21 Jan. 8 105 Jan. 28 36% Mar. 11 53% Jan. 22 6% Mar. 3 Mar. 30 34% 57% Mar. 31 17% Jan. 5 Mar. 16 104% 93 Mar. 23 27% 51% 3% 28% Jan* Jan. Jan. Feb. 4 8 4 23 17% Jan. 4 Jan. 4 IV4 Mar. 114/ Mar 150 Mar. 31 Mar. 26% 30% 36% 47% Mar. Mar. Mar. 40 Jan. 18 22% Mar. 22 Mar, 13 Sale Sale 995* 5 Sale 10 Sale Sale 26 Sale 26 y43*i *32 58 113** 595* Sale 47% Sale 43 Sale r% Sale 675* 59** 59 705* Sale 113** 115 116 Sale 53% Sale Sale 11% 14 47 455* Sale ' 87 24 78 85 21 Sale 125* 56** Sale 555* Sale 54** *51 7 Sale Sale Sale 17 94 525* Sale 7** Sale 54** 58** 175* Sale 35* Sale 30** Sale 82% Sale 23 20H Sale 19 98 Sale 91 6% 11 Sale Sale Sale 94 Sale Sale 15* Sale 73** Sale 15 13** 83 76% Sale 57 Sale 54** 61 19% Sale 29% Sale 23 24 23 1 23 31 Mar Mar. 27% Mar. 6% Mar. 9% Mar. 23% Mar. 11 7% Mar. Mar. 30 103% Mar. 25 5% Mar. 23 15 Mar ,22 v 7% Mar. 61 , 2 28 Mar. 31 75 Jan. %6 Mar .22 63 Mar. Mar. 57 Mar , 16 . Feb. Mar. 28 28 Jan. 28 5 38 Mar. Feb. 24% 5% 8% 14% 3% 52% Jan. Mar.: Mar.: Feb. Jan, Mar. Feb. 3 Jan. 14 Jan. 20 97 Jan. Jan. Feb. Feb. Jan. Mar. 17 Mar. 11 82% Feb. 87 Mar. Mar. 85 Mar. 21 Mar. 91 25 21% 12% 59% 54% 95% Mar. 11 Mar. 1 Mar. 10 Mar. 2 Mar. 11 6% 10% 1% 71% 14% Mar. 27 75 Mar. 29 Mar. 1 Mar. 22 Mar. 22 Mar. 6 52% Mar. 22 iH Mar. 20 Mar. 13 1 17% Mar. £% Mar. 9 Mar. 12 29 7 12% 2% 81% 15% Mar. 15 Mar. 16 Mar. 5 Mar. 1 Mar. 10 75 ;Mar. 6 58% Mar. 11 7% Mar. 3 59% Mar. 20 20% Mar. 11 4% Mar. 8 31 Mar. 6 Feb. 2 Feb. 1 Mar. 87 24 Mar. 27 8 23 Jan. 85 Mar. 31 9 Jan. Mar. 3 90 3 29% Feb. 10 50% Mar. 17 Mar. 17 Jan. 19 25 Mar. 11 Feb. 18 Mar. 50% Mar. 22 26 Jan. Mar. 18 £51 25 Jan. 84 Mar. 19 Jan. Jan. Mar. I Mar. : Mar. Jan. 34 9 27 Feb. 6 Mar. 4 48% Mar. 5 Jan, Jan. 7 8 Jan. 11 21% Mar. 11 13% Feb. 19 50% Mar. 59% Mar. 10 11 £ 51 Mar. 90 Mar. 5% 10% 1 % 71% 13% Jan. Mar. Feb. Mar. Jan. 75 Mar. 49% 6% 58 16% £ % 28% Jan, Mar. Mar. Jan. Mar. Jan. IS ft/ I 6 Mar. 17% Jan. Jan. 14 Jan. 8 Feb. 2 Jan. 12 14 1 3% Feb. 84% Feb. 25 20 Jan. 16 6 87% Jan. 58% Mar. 11 9% Jan. 20 74% Jan. 13 20% Mar. 11 4% Mar. 8 33% Jan. 18 For lootootea see page 40* •ft/-.'-ft- , ft ■ ■/;/// z/ft 'ft- ft 'ft ft// i ■ Mar. 18 85 21 3 9 Jan. Mar. ! 4% Jan. '?v 'V 2 18 20 Mar. 10 17 Mar. 48% Mar. Mar. 22 4 Feb. Mar. 19 Mar. 25 9 Jan. Jan. Jan. Jan* .. Mar. 10 12 45 ifM Jan. Jan, Jan. > 39% Jan. %5 Mar. 49 % Jan. * 113% Jan. 48% Jan. Mar. 2 14 12 14 Jan. •'' 3 Feb. Jan. Jan. : 1 20% 28% % 4% 161 64 22 Mar. 12 Mar. 4 Mar. 10 Jan. 7 4% Mar. 7% Jan. 29% Mar. 50% Mar. %6 Mar. 113% Mar 18 116 52% Mar .22 60 4 114 Mar.: v 8- Mar. 25 Mar. ft/// /'>'•. i 3 6 Mar. 8 Jan. 26 13 200 19% Mar. 16 23 10% Mar. 73 Feb. 24% Mar. Mar. 105 Jan. ! 22% Mar. : Mar. 26% Mar. 42 4 23 134 97 26 Jan. 140 Mar. 30 186% Mar. 205* Mar. 30 24% Mar. Mar. 17 28% Mar. 22 32 % Mar. % Mar. 8 Sale 695* * 11% Jan. J 25% Jan. 21% Jan. J 26% Mar. i £31% Mar. J 43% Mar. 1 34% Mar.« 142% Mar. I 161 5% Mar. 22 22% Mar. 31 65% Mar. 10 26% Feb. 16 114 Feb. 13 19% Mar. 1 45% Jan. 21 5 Mar. 18 140 Jan. 76 Sale Sale 14 Mar. 65* 5% 25 60 20 % Sale 4 Feb. Jan. Jan. Jan. 75 Mar. 40 Jan. Mar. 525* Sale 53% 18% 110% 13% 35% 127% 16% Mar. Sale 84 Jan. 31% Mar. 19 21% Mar. 20 12% Jan. 22 Jan. 107% Mar. 16 110 2 Jan* 4 4% Mar. Jan. 14% Mar. 4 Mar. 23 1 Mar. 81% 90 ' 82% Mar. 31 8 109% 1095* Mar. 59** 99** 5** 10** 68 27 53 4% Jan. 13 11% Mar. 22 70 Jan. 20 3 185* Sale 6** Sale 22** 5 68 55* 85* 85 , 11 Mar. 12 137 2 1 % Mar. 23 97 97 Feb. 10 137 22% Jan. 10% Jan. 11% Mar.: 2% Jan. : 25% Mar, 55* Mar, 8% Mar, 17% Mar, 5% Mar, 525* Mar, 98% Mar 45* Mar, 9% Mar 66% Mar - 8 24% Mar. Mar. 31 70 4 114 1 200 167% Mar. 19% Mar. 16 £21% 68 Sale 81 85 1 Mar. 9 127% Mar. 18 138 1 19% Mar. 24% Mar. 8 Sale 15 53% Mar. 29 3 6% Mar. 22% Mar. 31 65% Mar. 10 24% Mar. 1 26*1 Sale 1 39% Mar. 10 27 Sale Mar. 2 38 15*| Phillips Jones Corp....... .......... 7** Sale 62** 67** ft Mar. Sale * ... __ Preferred Sale Sale 9 4 Sale Sale 65* 9 Mar. 17% Mar. 1 1 565* Mar. 195* Mar. 30 385* lio {Phlla Rapid Transit Co.. .50 7% preferred.. ... ,.50 Phlla At Reading C At I • 80 63 Sale Mar. Sale 265* 4 Mar. Sale 87** 42 2 Mar. Mar. Mar. 345* Mar. 22 40 Mar* 142% Mar. 31 150 Mar. 22 145 Mar. 143% 140 Mar. 25% Mar. 2 29 275* Sale 11%.Mar. 10% Mar. 23 10** Sale 11% Mar. 22 15% Mar. 13 155* Sale 148 955* 6** 12** 15* 815* ........... Philip Morris At Co 9** Sale 14** 15 3** Sale ..* Cement Sale 6**. Sale * ._* Patlno Mines At Ent Cons ..* Peerless 26 Mar. 15 22 245* 30 A 65* Mar. Mar. Mar. 23 101 6 Mar. 22 36% Mar 11 36 Sale 4** Sale Sale 30% 56% 16% Mar. 16 102% 225* \lHSale 43*| Mar. 30 Mar. 31 Mar. 22 Sale 31 Mines.... 93 31% 52% 45* 33 Mar. 12 262 Mar. 29 110 4 Jan. Mar. 17 41% Jan. 18 98% Feb. 10 55% Mar. 17 72 Mar. 17 37 25% Jan. Jan. 5 135 4 Mar. 5 Feb. 25 Feb. 13 Mar. 10 Mar. 11 18 2 2 Sale Sale Sale Utah Cons 250 29% Mar. 23 20% Mar. 23 8; Mar. 23 Jan. 255* 185 1 Jan. Mar. 4 4 14 100 Jan. 5% Jan. 16% Jan. 14 85 Mar. Jan. Jan, Mar. 23 9% Mar.' 8 Mar. 30 26% Mar. 3 Mar. 1 * 6% Mar. 17 37 Sale Mar. 19 Mar. 20 Mar. 3 6 129% Jan. 11% Mar. 22 36% Mar. 12 Sale 6 Jan. Mar. 13 Mar. 12 Mar. 1 Sale 40 41 83 Mar. Mar. 114 1125* 1675* Sale 20** Sale 47** 40 Mar. 17 1 ftft'/ft/ftf/'/ Sale I Parke, Davis At Co....... * Parker Rust Proof Co....2.50 Sale Sale 22% Park 5% 134 3** 68** Rights Sale Sale Sale Sale Sale 8,100 41,500 1,049,300 32,000 36,700 75,100 135,600 381,000 196,000 II,800 58,500 45,500 232,500 16,000 42,200 378,200 1,875,400 10,500 Sale 97 124 87 6 Mar. Jan. Mar. Feb. Mar. 33% Mar. 29 78% Jan. 18 Mar. 17 1 9 5% Mar. 11% Mar. 22 14% Mar. 2 Mar. Mar. 17 70 75 3 69 Mar. 30 Mar. 23 100 Sale 95 109% 107% Mar. 16 109% Mar. 2 Sale 4% Mar. 3 2% Mar. 1 325* Sale 53 53** 174 Park Ac Tilford Sale Sale Sale 20 22 Mar. 17 132 54 105 Mar. Mar. 12 137 2 15* Mar. 23 53** 45* 26** . 160 137 1% Mar. 11 18 130 102** 100 . Sale 134 Sale Sale . 9** 11% 50% 54% 103% 111% 1055* Sale 26% Sale 53% Sale 135* 97% 1005* Sale Sale 408** 120 26 J* Sale . 1 8 8% oreferred ..10' 9,380 15,500 Paraffine Co Inc. 4% conv preferred......l00 700 .,..1 1,721,200 Paramount Pictures 1st preferred............100 56,100 2d preferred..........10 216,500 . 6 Mar. 21 100 Sale 148** 151 103,000 802,500, Packard Motor Car 4,5001 Pan Amer Pec Ac Trans .....5 97,200 {Panhand Prod At Kef.....* Mar. 110 145 .10 Pacific Western Oil 121 % Feb. 94 29 22 14 18 18 Mar. 16 Jan. 15 Mar. 16 Mar. 23 22 Jan. Mar. 31 6 44% Mar. 1 55% 58% Mar. 2 72 91% Mar. 24 100 29% Mar. 23 31% 20% Mar. 23 21% 8 Mar. 23 10% Jan. 61% Jan. 14% Jan. 2% Jan. 26 22 5 13% 23 .57% 64% 1 29 109 Mar. 82 17 3 Mar. 11 26 123 19 8 11 14 9 28 2 Jan. 55% Mar. 4 64% Mar. 10 ft* Jan. Mar. 31 9% Mar. 22 12 Mar. 18 50% Mar. 23 4 Mar. 25 1 Sale 30 ; Sale 33** Sale lfl® Preferred Sale Mar. 31 Jan. 1 5 Mar. 267 18** 565* 245* 4 Mar. 16 66 109** 295* 55** 15** 1025* 98** 31** 31** 1 12% Mar. % Mar. 94% Mar. 5 171 6 150 Mar. Mar. 12 56% Mar. 2 5* Mar. 25 845* Mar. 22 5 Sale Sale 17 J* Sale 55** Sale 18** Sale 100** 14** 15 365* Sale Jan. "12% Sale" 76 98 % 3 260 ..... Norwalk Tire At Rubber- Sale 2** Sale 555* 14** Sale 02** 105 01 103** 275* Sale 52** 3** 3** 28 29** Mar. 27 2 148 Mar. 12 Mar. 31 8** Sale 21** 5** Sale Sale Sale 1% Sale 109 269 Mar. £44 Feb. Mar. 17 Mar. 3 94 99** Sale 55 North American Aviation. ..1 Sale" Sale 5 145* 12** 114 80 ....... A& 8** 245* 5** 75 31 ,*»•«.«* 6% preferred.... Sale ifi*f; 95 12** Sale 260 .......100 American.. Preferred Sale 70** Sale 97 100** 110 7% 1st preferred....... {Norfolk Southern 10® Norfolk At Western.......100 Preferred.. Sale 16** Sale 4** 5** N Y Ontario At Western. .10® North Sale 137 ""I** 100 {N Y N H Ac Hartford.... i0® Convertible preferred., 100 N Y 105* 21** 131** 138** 130 ,.50 10% preferred 87 Sale N Y City Omnibus Corp., Purchase warrants..... New York Dock Mar. Mar. Mar. 84 75 42** Sale 82** 83** 38 33% Jan. 35 38 29% Mar. 4 34% Mar. 30 26 Sale 108 36** Sale N. Y. Chicago 8r St Louis. 10® Preferred series A..... 100 Jan. 1 £44 ' Mar. 11 5 165% Mar/10 23** Jan. 5 26% £109% Mar. 2 112% Mar. 11 109% Jan. 27 24% Jan. 28 10% 595* Mar. 31 Mar. 6 103% 103% Mar. 29 107. 26 Mar. 3 37 Mar. 17 34 35% 33% Mar. 29 38% Mar. 2 34** Sale 37 New York Central 720 ,14,000 5,600 5,800 Sale 19 2d preferred * 10,090 13,200 Pacific Finance Corp (Cal).10 Pacific bai A Elec j* 134,400 77,200 Pacific Lighting Corp -* 39,600 Pacific Mills 2,320 Pacific Teleph At Telegr..l00 950 126 107 .... 1 12,520 Pacific Coast.............10 First preferred...........* 8,100 1,800 56,500 26,200 11,400 125 123 15 109,200 4,080 2,550 3,180 875* 91** Sale Sale 66 10® 260 Outlet Co................ Preferred.. ............100 20 25 19,400 Owens.111 Class Co.. * Sale Sale Sale 645,000 Otis Steel.......... Prior preferred .....^ 0® 1,920 $5.50 conv 1st pref * 24,800 5,500 Outboard Marine Ac Mfg ft; . 88^ 5* Sale 44,400 Oppenhelm Collins At Co. 79,400 Otis Elevator............ .* 700 >4%'preferred..^..'i..**»;' 10 100 Sale 61 . 35 Feb. Feb. Jan. Mar. Jan. Mar. Mar. 12 59 . Highest Sale Prices IH 57 . 229,100 Sale Newberry Co (J J)...... 590 5% preferred series A.. 100 600 350 Sale 12** 54 {New Orl Tex At Mexico Lowest Sale Prices 52** Sale 115* Sale Sale 56** Sale * 851,500 Ohio Oil Co (The)...... 87,000 Oliver Farm Equip new.....* * 357,300 Omnibus Corp lie (The) 23,600 . Sale ■- 12",300 34** Sale 36 39** Sale 155** 165** 157 164% 146** 146** 147** 150 Sale 10® 693,900 Northern Pacific 810 Northwestern Telegraph..80 382,900 29,200 43,500 132 Highest Sale Prices Sale 10** 12** 225,400 2,120 90,400 69** Sale Sale 55 ..... 980 Northern Central. 430 311,400 ■ 26 Sale III Sale IV* 36 56 235,100 213,400 74,200 27,600 118,500 1,420 1,470 1,500 107,200 6,700 1,100 551,600 9,400 779,400 5,500 150 150 Lowest 24** Sale 23% Mar. 8 25% Mar. 13 24** Sale 112** 111** Sale 2109% Mar. 2 112% Mar. 11 Mar. 11 108% Mar. 19 108** 1085* 108** Sale" 107 215* Sale 20% Mar. 24 24% Mar. 9 23** Sale 8 Sale Sale Mar. 27 9 9 Marri 1 55 New RANGE SINCE JAN. 1 Sale Prices 31 Ask 10** Sale 12** Sale Tea Co.. National 10 N Y Lack & West Ry Co.. 450 32 March Ask Bid Bid Nelsner Bros 10 43,900 27,000 9,000 21,600 Sale 56** 57** 11** Sale 1% 1% % Sale 88,100 {N Y Investors Inc...... 58,966 Sale 43 1st pref... 10® preferred 19 28 % 29 34% Sale 65 % Nat Power Ac Lit ht Nat Rys of Mcz Ask 23% Sale 108% 111% 107 107 % ... 300 New York Jt Harlem 23,100 210 Bid Natomas Co............. 2,070 459,200 21,000 2,121,800 71,900 52,900 4,500 I,700 18,090 18,170 140 10 March 1 1937 Par ...101 ♦ 59,700 Nat Mall & St Cast's Co 12,200 76,200 ' Price Jan. 2 790 37 EXCHANGE—STOCKS PRICES IN MARCH STOCKS n. y. stock exchahoe 276,500 Not Dairy Prod Corp .... 790 7% preferred data A... IIoo 7% preferred class B... ,.100 1,550 154,000 {National Dept Stores.., ::io 6% preferred 31,100 470,600 Nat Distillers Products. 10,900 Nat Enamel 8c Stamp... 213,000 National Lead new........ 10 Preferred A............100 1,600 107,600 . STOCK N. Y. April, 1937] 38 N. T. STOCK aggregate * sales Since March Jan. 1 4,300 1,300 94,600 17,400 4,720 1,800 350 62,700 20 12,590 T,700 82,400 1,000 18,400 9,900 6,100 12,900 67,800 4,400 3,600 26,400 > 530 50,400 2,700 2,400 300 300 320 7,600 ' 100 Preferred Pitta Term 780 6% preferred ......100 392,600 Pittsburgh United........25 Pref cony 6,260 100 18,650 Plttsb 8c West Virginia—100 10 Pitts Youngs & Ash 7% pf 100 12,800 Plttston Co (The)..........* 178,500 Plymouth Oil.. 5 2,600 Pond Creek Pocahontas Co.* 87,900 Poor 8c Co class B_.__..._..* 36,400 Porto Rlcan Am Tob cl A...* 22,400 CI 888 B • 121,500 t Postal Teleg Ac Cable pref100 250,700 (Pressed Steel Car com Newl 18,000 5% conr 1st pref 5 19,400 5% cony 2d pref...... 50 116,000 Procter &c Gamble...... * 1,250 Preferred 5% ..100 129,600 Pub Ser Corp of N J common * 9,600 $5 preferred 6,800 6% preferred. 100 1,400 7% 100 ...... . 900 _ RANGE SINCE JAN. 1 Jan. 2 March 1 1937 360,400 Pittsburgh Screw It Bolt...* 40,900 Pittsburgh Steel Co........* 9.890 Preferred ..............100 $ &?'■ PRICES IN MARCH I- Price Shares Par 720 Pirelli Co of Italy Am ghi 15,600 Pittsburgh Coal (of Pa)...100 6,900 6% preferred. 100 40 Pitts Ft Wayne & Chic...100 *"""90 -V STOCKS N. T. STOCK EXCHANGE In Shares 80 \ EXCHANGE—STOCKS : • . preferred 100 Bid Ask 53 56 Bid March :/... Ask Bid 55 58 1834 Sale 15 Sale 15 73 61 Sale 6634 77 173 188 184 13 34 Sale 2834 Sale 10834 Sale 33 112 5234 Sale Sale 73 Highest Lowest Sale Prices Sale Prices Lowest' 31 Ask Sale Prices 61 Mar. Mar. 4 50 1734 Mar. 663a Mar. 6 6 60 55 5234 Mar. 31 1434 Mar. 23 1 166 334 Sale 22 30 334 Sale 108 110 3134 34 175 17434 Sale Sale 3 334 1934 2034 734 Sale 120 18 111 234 1834 7 130 3734 Sale Sale 3934 Sale 42 Sale 234 2334 Sale 125 Sale Mar. 23 185 20 Mar. 6 Mar. 8 43 Mar. 1 Mar. 22 122 Mar. 8 1634 Mar. 22 33 106 3 Mar. 13 2034 Mar. 2 6 129 Mar. 22 Mar. 373* Mar. 6 8 Mar. 4 4734 Mar. 5 4 129 1 175 103 2734 Sale 18 2234 2634 Sale 834 Sale 254 234 1034 H34 2734 Sale 2734 Sale 70 v:, 71 Sale 56 11534 11834 4734 Sale 10734 HO 120 12234 134 140 154 159 Sale 25 19 20 ' 2934 934 2 34 Sale Sale 13 Sale Sale 2834 2834 7634 6134 11734 4734 10534 12034 Sale Sale 7834 Sale 11834 Sale Sale Sale 130 13934 15234 155 234 3 2734 Sale 167 ""234 Mar."29 ""3" "Mar." 16 20 Mar. 22 21 Mar. 3 2834 Sale 834 834 234 Sale 1134 Sale 27 Mar. 22 3134 Mar. 934 Mar. 8 1 27 2534 Mar. 22 20 2634 71 Sale Sale 2734 Sale 734 Mar. 22 234 Mar. 10 ll Mar. 30 26 Mar. 30 70 Mar. 30 6034 11434 4534 10334 1x934 5634 Mar. 22 Sale 11434 Mar. 25 Sale 43 Mar. 12 Sale 10534 10034 Mar. 23 11934 Mar. 25 121 130 134 156 151 130 152 234 2434 1834 2534 734 234 2834 Mar. 31 2434 Mar. 22 3 Mar. 1334 3034 3034 8134 6234 11834 4734 10534 12134 13734 2 Mar. 6 Mar. 8 Mar. 8 Mar. 6 Mar. 2 Mar. 4 Mar. 1 Mar. 1 Mar. 6 Mar. 15 Mar. 22 Mar. 24 15534 Mar. 16 1834 Jan. 2 7634 Jan. 22 Feb. 16 175 Mar. 23 190 Jan. 2 27 Jan. Jan. Feb. Jan. Jan. Jan. Feb. 8 Mar. 8 Mar. 10 4 8 28 2 834 4 13734 7 4734 12 Jan. 12 Feb. Jan. 16 12 2834 Jan. 22 3 21 Feb. 22 3334 1134 334 1534 3134 Feb 4 Jan. 22 Jan. 22 Jan. 20 Feb. 11 27 31 Feb. Jan. Mar. Jan. 1034 Jan. 2534 Mar. 2534 Jan. 20 22 4 5 67 12 Jan. Jan. Feb. 1 Jan. 30 Mar. 5 16 167 Feb. 17 7 Mar. 43 26 122 Mar. 22 Feb. 5 18 20 234 Feb. 18 2034 334 10734 3134 1 170 "234 "234 "234 "234 Feb. 1334 Jan. 2434 Jan. Mar. 10 334 Mar, 2334 Mar. 834 Mar. 9 1434 Mar. 23 165 1734 Sale Jan. Highest *• Sale Prices 56 Feb. 17 8 10 130 Mar. 22 Feb. 11 15 4 5234 Jan. 21 11234 Feb. 8 12834 Jan. 21 14034 Jan. 20 9 152 Mar. 24 16234 Jan, 25 111 Mar. 10 86 5534 Jan. 4 6534 Jan. 11434 Mar. 25 11834 Jan. 43 Mar. 12 10034 Mar. 23 119 Feb. 25 Public Service El 8c Gas— 400 50,500 292,900 2,540 1,600 61,000 3,900 627,700 1,200 135,400 1,111,600 V 91,800 7,100 8,900 700 300 10,500 30 16,800 2,200 10,800 1,200 108,400 2,900 140 238,600 1,347,700 6,200 7,900 63,500 6,600 U * J« ; V 880 440 14,900 800 ~ 8,500 69,800 ' 400 100 1,300 , 2,800 2,700 2,700 70,200 34,900 •*/: 41,500 890 : > 1,902,000 23,000 94,900 4,600 V 31,500 9,400 2,330 492,690 96,400 34,600 81,500 - ■ 47,600 4,600 133,000 60,000 5,900 54,200 i,5oo 7,550 11,400 6,000 9,500 421,400 900 79,900 36,600 100 v 200 Rhine Westphalia El & Pr— 8,700 Rltter Dental Mfg * 16,700 Roan Antelope Cop Mines.. 8,800 Ruberold Co (The) cap stk--* 11,200 Rutland RR. pref..... 100 •173,900 St Joseph Lead 10 130,000 (St Louis-San Francisco. 100 204,000 Preferred .100 4,240 (St Louis Southwest ...100 ... 630 24,800 247,700 297,100 61,300 100 16,600 1,390 ^ 190 41,500 3,100 ............100 Preferred Safeway Stores............ -• Preferred (5)...........100 Preferred (6) 100 3,340 Preferred (7) 100 71,000 Savage Arms Corp .....* 222,296 Schenley Distillers Corp....5 II,900 5>4 % preferred... ...100 140,200 Schulte Retail Stores 1 29,900 8% preferred .........100 10,440 Scott Paper new ._._* 492,690 520 400 68 Sale Sale 20 112 Sale 103 10534 103 Sale 2034 1634 Sale 1134 Sale 102 Sale 7634 Sale 834 Sale 3234 Sale 4134 45 50 9834 100 1834 Sale 1734 1834 1134 Sale 100 78 Sale 23 1734 1134 100 Sale 834 Sale 3734 Sale 40 4234 4734 Sale 42 4634 1134 1234 75 83 3 7 334 Sale 5 2834 Sale ........ . 520 3,000 38,800 3,800 5 17,800 Convertible preferred-.100 16,400 6% conv prior pref ser A 100 140,900 ttevere Copper 8c Brass 5 14,400 Class A........... 10 3,540 Preferred W1 I,320 5K% preferred .....100 51,200 Reynolds Metals Co........* 1,200 5H% conv. pref.. 100 31,900 Reynold* Spring Co New 1 185,800 Reynolds (RJ)Tob cl B 10 600 Class A 10 nog 11234 Sale 99 3934 7834 12834 9234 2634 10634 3034 5634 Sale Sale 132 9534 Sale 113 Sale Sale 7734 834 3434 4334 4734 4134 4234 Sale 11 75 60 3 34 Sale 24 27 2034 Sale Sale 112 93 106 834 Sale * Seagrave Corp (The).......* Sears, Roebuck 8c Go .* Inc....'.^i,.i.^ii,.».l Servel Shattuck (G F> Sharon Steel Corp $5 cony .... preferred...... Sharp & Dohme ..... Shell • Union Oil Convertible preferred-. 100 Silver King Coalitlon_......5 Simmons Co.... Slmms Petroleum 10 Skelly Oil Co.. 25 Sale 2734 Sale 107 125 834 Sale 4734 Sale 834 5434 Sale 434 1034 3 634 Sale 1334 Sale 2834 34 4234 Sale 9834 Sale 110 Sale 11134 1434 4334 9434 113 Sale Sale Sale 23k Sale 17 71734 1734 3034 4334 10134 11034 11134 2534 Sale 8 83 Sale 2834 Sale 62 6334 4234 Sale 2734 Sale Sale 103 Ac Co pref 100 ...... IV* 86 47 42 4134 Mar. 13 934 Mar. 12 70 Mar. 22 70 334 2634 1834 3434 2334 Mar. Mar. Mar. Mar. Mar. 105 5 Mar. 5 9 Mar. 1 Mar. 11 Mar. - 41 110 Sale 11034 Sale 26 Sale 4834 Sale 98 Sale 234 Sale 21 Sale 4134 Sale r9Xt Sale 134 Sale 62 7 Mar. Mar. 3 140 Mar. 30 5434 334 834 1634 Mar. 1 Mar. 12 Mar. 12 Mar. 13 35 Mar. 40 Mar. 25 87 2834 Mar. 22 1534 Mar. 11 Sale 111 Sale 11 Sale Sale 38 34 3 8 34 3334 Sale 61 Sale 62 Sale Sale 4134 3234 10334 1634 5534 3 34 5534 98 180 Sale 3734 Sale x26 Sale 1834 Sale 36 Sale 3134 Sale 23 2434 19 Sale 2 1 Mar. 22 1 Mar. 6 Mar. 5 17 Mar. 18 Mar. 145 Mar. 106 12 22 Mar. 16 Mar. 17 1 5534 Mar. 31 18 10134 Mar. 1 1 197 Mar. 10 1 11834 Mar. 40 Feb. 4 Mar. 10 Mar. 19 Feb. 19 Mar. 11 Mar. 17 Feb. 25 Mar. 5 Mar. 11 13 Jan. 46 Mar. 6 Jan. 6 3 Feb. 2734 Mar. 2 5134 Mar. 17 9834 Mar. 15 3 34 Feb. 9 2334 Feb. 10 4534 Jan. 14 34 Mar. 15 34 4 Feb. Jan. 4 14 Feb. Feb. 11 65 44 Jan. 21 Feb. 8 26 42 Jan. 28 99 Jan. 8534 Jan. 111 Jan. 2 1 3434 Feb. 19 Feb. 2 1734 Mar. 11 Mar. 20 10534 1234 Jan. 443k Jan. 334 Jan. 4 Mar. 16 58 5 434 Jan. 18 5534 Mar. 31 7 10234 Feb. 4 Mar. 10 2 197 7 11834 Mar. 2 Mar. 8 Mar. 8 8 3134 Mar. 31 2 23 26 34 Mar. 67 1734 Feb. 10 4234 Mar. 10 5 120 Mar. 10 51 1734 Mar. 23 8 Jan. 26 Feb. 23 5 3734sMar. Mar. 25 23 8 22 Jan. 58 4 Jan. Mar. 25 120 4034 Mar. 18 3134 Mar. 31 Jan. 3434 Jan. 1034 Jan. 102 1734 Mar. 11 4 26 14 4 3734 Mar. 12 2634 Jan. 29 58 Jan. Jan. 1534 Mar. 11 4234 Mar. 16 2 31 Mar. 10 Jan. 734 Jan. 60 3 11 2 10 29 Jan. 24 8 62 34 Mar. 10 33 34 Mar. 93|Feb. 18 234 Jan. 2 834 Jan. 2 5034 Mar. 31 1134 Mar. 1 9534 Mar. 10 26 81 28 8 20 10434 Mar. 4 1 5 2 21 11 17 Jan. 6 102 Mar. 25 4 26 2 40 34 Feb. Mar. 10 10734 Mar. 23 120 1034 Mar. 22 1234 Mar. 3 60 2 134 Jan. 29 5 Mar. 5 Mar. 31 Mar. 1 Mar. 10 5 Mar. Mar. 18 113 1434 Jan. 4234 Jan. 9434 Jan. 2 Jan. Mar. 1 Mar. 19 17 Jan. Mar. 10 238 Jan. Mar. 15 >4 Mar. Mar. 20 434 Mar. 4 4734 Mar. 19 12034 Mar. 2 11034 Mar. 19 4834 Mar. 21 97 Mar. Mar. 25 Mar. 15 106 Mar. 25 120 Mar. 8 40 34 Mar. 18 5434 Jan. 11 1934 Mar. 10 Mar. 25 1634 Jan. 15 4034 Feb. 2934 Feb. 16 15 1934 Feb. 8 * 11234 Sale 6 36 145 2834 5534 32 5734 61 34 10 7634 101 834 8334 . 111 5 Sale 39 Sale 15334 147 Sale 2634 'Sale 6134 Sale 4134 Sale 5534 64 34 54 10 1034 75 Sale 10234 102 Sale 734 Sale 2734 93 7834 ---. Sale Sale Sale 110 5 Mar. 18 113 Mar. 19 6 Mar. 110 1 Mar. 29 14934 Mar. Mar. 18 11334 Feb. 434 Jan. 3934 Mar. 31 3434 Mar. 22 141 Mar. 27 34 141 6 4 Jan. 2634 5434 3134 5234 Mar. 31 Mar. 1 Mar. 1 Mar. 22 2934 6534 43 34 6034 Mar. 8 Mar. 11 Mar. 17 Mar. 6 2634 Mar. 31 4234 Jan. 4 60 Sale 64 Mar. 64 Mar. 5534 Jan. 78 Sale Sale Sale 5 , 24 5 1134 Mar. 16 4 7734 Mar. 17 100 Mar. 22 10234 Mar. 3 854 Mar. 5 734 Mar, 22 25 Mar. 22 2934 Mar. 1 934 Mar. 7434 Mar. 6 92 / .v t 11 ■ 6 634 Feb. 26 12 2 3234 Jan. 13 6534 Mar. 11 4334 Mar. 17 4 4234 Jan. Mar. 29 155 Jan. Sale Sale Sale Sale .' ;;V1 see page 110 29 • For footnotes 40 Mar. 16 Mar. 2 Mar. 17 834 5034 1134 9534 33 34 Jan. 83 30 9734 Jan. 5 103 10934 Mar. 24 113 4234 Mar. 10 11434 Mar. 45 Mar. 11 8 16 49 1334 Mar. 15 14 24J4 Jan. 6 3134 72 Jan. 6 8634 117 Jan. 4 140 7 Mar. 30 934 4334 Jan. 29 65b 3 Jan. 2 434 634 Jan. 4 1134 11 Jan. 27 2034 2834 Jan. 4 3734 2034 Mar. 5 3734 Mar. 11 4534 Mar. 3 Mar. 23 Mar. 2 Mar. 31 Mar. 22 Sale 3734 Mar. Sale 2734 Mar. 102 Mar. Sale Sale 1534 Mar. Sale 5134 Mar. Sale 334'Mar. 43 Mar. Sale 10034 10034 Mar. 183 11 Jan. Jan. 2434 Mar. 24 5034 Mar. 10 62 Mar. 17 934 Mar. 3 65 Mar. 11 434 Mar. 17 5 Sale Sale Sale Mar. 2 2 3 Mar. 19 10134 Mar. 1 103 10934 Mar. 24 111 110 Mar. 18 112 2434 Mar. 22 2734 47 Mar. 8 5134 9734 Mar. 8 9834 3 234 Mar. 6 1834 Mar. 11 23 4034 Mar. 18 *43 34 Mar. 17 34 Sale 1134 Sale 2834 Mar. 17 Mar. 22 2 Jan. 4334 Jan. 1334 Jan. 3334 Jan. 71 Jan. 12834 Jan. 4 135 9334 Jan. 6 9534 2534 Mar. 15 3034 107 Mar. 1 112 4834 Mar. 29 1 10734 Mar. 3134 1534 3834 Sale 99 97 Mar. 31 Mar. 30 13534 Mar. 10 Mar. 1 9334 Mar. 16 94 91 7 109 7 15 934 Feb. 17 3634 Jan. 11 47 Mar. 8 Jan. Jan. 5 Mar. 25 2234 Feb. 8 Mar. 31 3534 Mar. 31 Jan. 4 *2934 Mar. 9 Jan. 5 9434 Jan. 30 Jan. 4 110 E&flS Feb. 5 Jan. 2734 Jan. 3 4734 Mar. 11 Mar. 17 ----- 1834 3434 2134 80 34 100 Mar. 1 Mar. 31 Mar. Mar. 22 234 Feb. 19 23 Mar. 18 9034 Sale 3134 Sale xl634 Sale 3634 Sale 48 Mar. 132 134 634 4234 834 145 9 70 Mar. 22 1334 Mar. 15 2734 Mar. 9 8634 Mar. 10 Sale Sale 104 8 Mar. 18 12034 Mar. 2 Mar. 2 11034 Mar. 10 4134 Mar. 18 86 5 29 434 15 30 25 2134 31 35K 18 *2934 Mar. 19 93 Mar. 30 109 734 Mar. 31 3434 Mar. 1 115 Mar. 1134 Mar. 62 4234 Sale 10234 Mar. 12 4834 Mar. 22 4934 Sale 834 Sale 2934 95 Mar. 12 734 Mar. 22 3134 Mar. 20 4134 Mar. 25 6 1234 Mar. Jan. 7 103 80 Mar. 31 4134 Mar. 13 934 Mar. 12 1334 1434 Sale 2534 74 Sale 13534 129 iod" 105" 10234 104 734 Sale 47 76 1 Mar. 15 Mar. 23 _* 290,700 Sparks Withington • 19,500 Spear Ac Co 50 $5.50 pref.• 8 Mar. Mar. 17 11434 Sale .... 1 47 57 134 Sale 734 Sale 110 Mar. 3434 Mar. 1334 2534 7934 Sale 11 9 734 Mar. 22 3134 Mar. 20 4134 Mar. 25 1434 36 43 6 65 100 40,200 Smith (A O) Corp 10 774934 ~5l 34 11,000 Smith & Corona Typewr * 46,700 Snider Packing ....* "2834 Sale 1,667,500 Socony Vacuum Oil Co Inc. 15 17 Sale Solvay Am Iny Corp— 2,500 534% preferred 100 112 11234 530,300 South Amer Gold 8c Plat..100 434 Sale 125,500 So Porto Rico Sug * 3434 Sale 180 8% preferred 100 155 Sale 99,400 Sou California Edison 25 2934 Sale 626,900 Southern Pacific Co 100 4434 Sale 708,400 Southern Railway 100 2534 Sale Preferred.. 196,900 100 5034 Sale Mobile 8t Ohio certlfs—100 2,500 5334 5634 40,600 Spalding (A G) Ac Bros * 934 10 1st preferred 3,280 100 73 7434 23 Mar. 34 Sale 11134 4534 Sale 334 Sale Sale 47 97 . 56 1534 Sale 5134 Sale 334 Sale 4334 Sale 10134 Sale 1434 Sale 1234 Mar. Mar "76"" Mar"31 "7934 Mar.""5 3034 Mar. 4134 Sale 4234 Sale 734 Sale 11 1834 Jan. 2 1634 Mar. 25 1034 Jan. 4 Mar. 10 Mar. 24 Mar. 10 Sale Sale 112 Sale Sale 4834 Sale 9734 Sale 3 Sale 22 99 2 105 65 7 107 Feb. 15 2334 Feb. 25 1834 Jan. 21 5 18 Mar. 15 3034 5534 Sale Jan. Mar. 2334 Mar. 2534 10734 107 2434 2734 Sale 5034 5234 Sale Sale 30 8234 12934 131 9 734 834 Sale 60 Sale Sale 4 Sale 9 Sale Sale Sale 1634 1934 7 85 ^•1,270 Spang Chalfant Sale Sale 8134 76 122 74 113 101 ... 94 27 Sale Preferred..............l00 $6 preferred 734 Sale Sale 4534 Sale Sale 11634 118 105 Sale 10534 110 4334 Sale 4734 Sale 97 Sale 8934 Sale 135 Sale 13434 Sale 1234 Preferred 100 Sloas-Sheffield Steel 8c Ir.100 ........ Sale 35 94 Mar. 24 106 2 1934 Mar. 23 1634 Mar. 25 2434 Sale 8534 8634 84 105 10934 106 26 3034 Sale 10134 103 34 1034 Sale ♦ 1834 Sale 12 * * * 334 30 2434 1634 Sale * 48 1034 • Conv pref series A-.. Sheaffer (W A) Pen Co 334 27 101 11334 Jan. 25 Mar. 8 4 6134 Mar. 23 7234 Feb. Mar. 10 3 1934 Feb. 26 2434 Feb. Jan. 6 11234 Feb. 27 Mar. 5 108 Mar. 103 Sale Sale Sale 43 23 234 Sale 180 Preferred Seaboard Oil Co of Del.. Sale 11634 57 56 Sale Sale Sale 4134 Sale 1034 Sale 5534 6934 35 "28" Sale" F ight8.....i— (Seaboard Air Line.. Mar 10 11234 11234 111 6134 Mar. 23 71 6234 Sale 1934 Mar. 22 2234 2134 Sale 110 Mar. 9 11234 11034 Sale 111 21 ....... 1,193,000 Reo Motor Car 2,616,300 Republic Steel Corp 11034 113 6734 Sale 11134 Sale ..... . 250 6,700 47,100 42,500 46,000 - Second preferred.......50 . 289,800 99,200 190,500 32,800 426,300 122,600 96,500 151,500 II,100 239,500 8,600 1,440 217,700 36,600 369,900 175,050 28,900 102,500 9,100 14,340 2,500 117,200 < I,400 290 V * .......* 11134 113 23,700 Real Silk Hosiery.... 5 180 Preferred ........100 29,700 Rels (Robt) 8c Co.... ...* 3,400 1st preferred 100 24 27 34,200 Reliable Stores Corp * 1834 1934 1,200 Reliance Mfg Co 10 438,800 Kem'tun Kaud 22J4 Sale 19,800 Pref with warrants 25 79 81 270 Renss & Saratoga RR Co.100 101 117 74,100 3,200 1,850 Preferred B . 60 n Corp of Amer Kadlo 41,500 $3.50 conv 1st pref * 456,000 (Radio-Keith-Orph Corp. * 21,800 Raybestos-Manhattan. * 13,300 Reading Company.... 50 3,100 First preferred 50 22,300 660 120 • Pure Oil 6,600 8% conv pref......—...109 9,700 6% preferred-............ 214,000 Purity Bakeries • 15,400 Quaker State Oil Rfg Corp. 10 100 12",800 $5 preferred-.............* Pullman Company.. .......* Jan. 4 4734 Jan. 29 6 6 6034 Mar. 6534 Jan. 20 9 Feb. 2 1134 Mar. 16 68 34 Feb. 5 7734 Mar. 17 100 Mar. 22 104 3|. Jan. 7 734 Mar. 22 23 Jan. 8 92 Jan. 27 934 Jan. 28 31 Feb. 26 94 Feb. < 2 AGGREGATE In March Shares Share*> 960 2,940 345,400 5,260 33,300 427,600 1,310 62,300 486,500 314,000 22,900 80,100 15,300 408,200 196,833 2,700 766,000 11,400 29,400 158,900 117,800 3,270 10,700 156,300 470 10,500 124,400 107,000 7,900 25,300 4,700 105,500 67,500 1,900 220,000 5,300 9,300 46,600 2,900 94,000 340 9,000 2,500 42,400 14,900 Convertible preferred A--* Spiegel Co Inc new....—2 6%% preferred 100 Square D Co class B —1 12,800 1,710 73,100 1,058,700 135,800 35,300 14,900 145,500 35,900 Bid 36 Ho" Sale Preferred (6%).......... Preferred (7%). ....* Standard Investing Corp—* Stand Oil of Calif Standard Oil Co of Ind.—25 Standard Oil of Kansas 10 Standard Oil of N J—....25 Starrett Co (The L S) * Sterling Products Inc.. ..10 Stewsrt Warner Corp.. 5 Sun 127% 11% - (Standard Gas ft Bloc—...* $4 preferred.............* OH....................4 9 Sale 26 % Sale 56 65% 3% 43% 48 % 29% 69 % 34% 13 % Sale 74% 76 10C 54 ..... 58 5 125 Sale Sale 31% 47% Sale 26% Sale si 10% Sale 47 , 220, 6,100 92,100 574,400 1,442,500 201,200 48,800 84,100 59,500 11,600 8,700 200 2,500 380 44,300 7,200 6,100 11,000 39,400 4,300 122,200 9,300 69,000 23,700 92,600 45,400 14,100 112,200 ' 700 45,100 4,700 79,700 9,700 16,800 530 232,800 stock purchase warrants. 1 101,600 Without warrants—...... 36,900 Talcott (James) Inc 9 5 %% preferred.... 1,660 50 19 Sale 14 % Sale 16,900 Telautograph Corp ...5 309,000 Tennessee Corp............5 966,400 Texas Corp (The). ....25 2,124,500 Rights 480,100 Texas Gulf Producing Co—* 8 3 3% 47% Sale 47% Sale 31% Sale 72% Sale 39 39% 71% Sale 19 125,900 427,200 389,600 19,800 29,100 1,000 13,700 1,390 273,500 22,100 17,000 39,300 434,400 42,500 279,600 64.300 220,100 63,700 297,900 220,800 82,000 250,100 2,800 85,400 10,500 182,700 21,400 58,900 2,230 2,500 14,400 9,800 42,100 48,000 100,400 33,400 4,100 9,800 231,300 92,000 1,700 4,600 190 14,900 6,300 267,200 28,800 96,400 12,800 220 54,600 11,300 20,800 143,100 1,200 35,300 20,100 900 1,200 500 15,200 9,100 280 42,000 1,800 80,500 98,200 115,100 3,300 26,500 58,200 194,700 38,200 75,200 1,500 783,200 12,600 500 30 15,600 30,100 400 500 160 520 43,000 32,000 320 154,800 Texas Gulf Sulphur —* Texas Pacific Coal Be Oil 10 Tex Pac Ld Trust ctfa ....—) 100 Texas Ac Pacific Thatcher Mfg... • * Convertible preferred • The Pair Co 7% preferred..........100 122% 123 57% Sale 6% Sale 1 Thermold Co Third Avenue............100 .......25 Thompson Products........* Thompson-Starrett.........* Thompson (J R) Preferred......... ...—* Tidewater A«»oc OH..—-.10 Preferred 4%..........10i' 10 Timken-Detrolt Axle Co Timken Roller Bear........* Transamerica Corp. ..... * 5 Transc fir West Air Inc Williams Steel Forg* Tri-Continental Corp.——• Trail fit Preferred. Troax Traer Coal..........* 1C fruicoo Steel Co. 20th Cent Fox Film Corp...* Preferred................* Twin .City Rapid Transit...* 100 Preferred 2,500 Twin Coach Co.... 23% Sale 73% Sale 17 % Sale 20 Sale 20% 26% 9 % Sale .08 109% 8 % Sale 22 83% Corp...—.5 Sale Sale Sale 27 Sale United Air Lines Trans Corpl Sale United American Bosch Corp* m ..........100 Preferred. ...........-.100 Union Tank Car ■',;.:--;:sfc460 United Carbon 59,400 2,900 3,200 6,340 63,900 20,400 1,190 93,400 7,300 221,600 148,600 212,200 12,400 100,000 297,700 493,500 127,700 131,300 5,100 2,295,800 43,500 4,200 U S Ac Foreign Sale .....100 * Preferred 28,000 15,100 1,050,000 90,500 209,000 37,400 1,100 221,200 47,800 57,000 545,300 4,900 258,700 United 44 5 —10 United Electric Coal —* 10% 111% 7 Sale 18% Sale ■ 2% 15% Sale .7% 54 Sale m Sale 61% Sale Sale" Sale Sale Sale Sale Sale Sale Sale 65 Sale 7% Sale Sale 65 6 Sale Sale 24% Sale 7% Sale 29% Sale 20 Sale Sale L06% 25% Sale 66% Sale 15% Sale 18% 21% Sale 21% 10% 9% Sale 108 108% L04% Sale 11% 22% 24% Sale 38% 44 47% 14 Sale 12% 13* II* Sale Sale Sale 30* Sale Sale 20 30% 29 ll4% 83 32 Sale Sale Sale 32% 98 3% 1 m 107 8% Sale 59% Sale 2% Sale 26 Sale Sale Sale L45% Sale 93 Sale 29% Sale 31% Sale 20% Sale 25 26% 27% Sale 115 117 83% Sale 34 Sale 6% 98 Sale 24 105 Sale Sale Sale Sale 112 Sale 22% Sale 98 99 Sale 16% 18% 2% U 8 Pipe At Foundry...... -20 U S Realty Ac Impt U S Rubber... 46 Sale 96 84 Sale Sale Sale 111% Sale Sale Sale Sale L07% Sale 92% Sale L00 100 77% Sale Ul% Sale 7% preferred 100 146 Sale * .41 20 Sale S Tobacco.. 132 131% L45% L29% 66 169 164 167 L50 U S I20 Gypsum Co. 7% preferred.......... 100 U S Hoffman Mach.. _ 5 .50 5%% conv pref U S Indus Alchol. ,_.* U S Leather ::* Class A v t c v t c. ...... Prior preferred v t c .... loo 8% 1st preferred.......loo U S Smelt Ref At Mg .50 Preferred.. United States Steel.. U 210 .50 Preferred ....... 100 75 -.1 *7 H Sale II* 75 Preferred 2,210 79 3,200 Universal Leaf Tobacco.. 100 160 Preferred. 360 100 100 1,830 Universal Plct 1st pref -.1 4 243,100 Utilities P Ac L •*A" ... 142,500 Vadsco Sales Corp......... 1,410 Preferred 100 419,900i Vanadium Corp of America.* tee page 40. 87% II* 29 125 Sale Sale 166 167 18% Sale Sale 58 40% Sale 7% Sale 16% 104 65516 57 Sale Sale Sale Sale Sale 71 65 8% Sale 7% Sale 80% 85% 164% 80 158 Sale Sale 100 104 83 Sale 82 6% Mar. 22 41 Mar* 35% 16% 25% 30% Mar. 22 Mar. 29 Mar. 4 Mar. 1 19% Mar. 1 14% Mar. 22 7% 13% 51% 1% 8% . 22 Mar. 23 Mar. 22 Mar. Mar. 1 Mar. 3 1 Mar. 23 p tin 10 6 Mar. 22 Mar. 22 67 50% 12% 21% 108 67% 14% 71% 69% L21 % 7% 6% 79 75% 7% 47% 39% 19% 28% 33% 23% 16% 14% 57% 9 9 5 31 1 Mar. 27 Mar. 3 119 Mar. Mar. Mar. 12 7 Feb. 26 Jan. 2 Mar. 24 50 Jan. Feb. Feb. 11 19 32 76 48 Jan. 25 75 Jan. 9 8 8 5 3% Mar. 10 9% Mar. 15 44 Mar. 30 16% Mar. 10 13% 11% 43% 37% Jan. Jan. Jan. Mar. Mar, 62 Feb. ■7% 29% 19% 106*32 Mar. 22 Mar. 30 3 Mar. 15 4 4 Jan. Mar. 6 4 9 Mar. 30 11% Mar. 31 Mar. 23 6% 29% 19% 105% Mar. m M 78 66 102* 24* Mar, Mar, 23 1 Mar 27* 29% 19% 24% 26% 113% Mar Mar 29 23 Mar Mar Mar Mar Mar. 4 Mar. 3 Mar. 4 Mar. 2 30 30 Mar. 5 24 23 Mar. Mar. 16 Mar. 2 15 Mar. 6 80 Mar 32% 6% 41% 14% 22% 2 Mar Mar 30 Mar 18 1 Mar 4 Mar Mar 29( 30 Mar. 17 6 1 Mar. 17 Mar. 4 Mar. 3 Mar. 8 Mar. 25 23 Mar. 5 3 11 Mar. 55 Mar 24 Mar. 11 82 Mar Mar. 19 14 Mar 12 23 7% Mar 4 24 Mar. 18 Mar. 9 5 21 98 1 Mar. Mar. 23 Mar. Mar. 9 6 Mar. 15 1 2% Mar. 15% Mar. 15 25% Mar. 23 Mar. 5 Mar. 10 Mar. 29 5 26% Jan. 4 27% Jan. 19% Mar. 30 93 79 29% 6% 41% 14% 18% 96% 17 Jan. Mar. 19 1 Sale 16 Mar. 2 Mar. 13 Mar. 17 13% Jan. Mar. 30 89 91 Mar. 2 Mar. 1 Mar. 11 71% Sale Sale 133 160 Sale Sale 83% Sale 69 Mar. 4 Mar. 110% Mar. 1 9 Mar. 11 Mai. 10 Mar. 9 144 Mar. 20 sl31 %Mar. 12 160% Mar. 13 7 Mar. 24 Mar. Mar. Sale *152 83 90 82 2% Sale 2 Sale 2 Sale 52 Sale 31% Sale 36 Sale 52 31 Mar. 57 Mar. 39% Mar. 11 1 Mar. 11 4 Feb. 3 Jan. 11 22 Jan. Mar. 8 Jan. 21 Mar. 3 Mar. 8 Mar. 13 Mar. 13 Mar. 29 Jan. 25 Jan. 8 Mar. 27 Feb. 20 Feb. 4 Mar. 16 99% Jan. 13 4 31% Feb. 35% Mar. 5 m 24% Jan. 91 Feb. 1 5 12 3 Jan. 13 Feb. Feb. 4 4 72% Jan. Mar. 22 19% 4 Jan. 72% 5 118 Jan. 6 105 Jan. 4 69 Mar. 75% 4 126% 75 Jan, 4 150 139% Jan. 4 136 129% Feb. 160% Mar. 13 169 60% 13% 44% 92% 83% 1% Jan. 48 Jan. 28% Jan. 14 14 8 34% Jan. 3 Mar. 22 Mar. 22 Feb. il 8s Mar. 9 Jan. 4 9 12 Mar. 31 Feb. 18 Mar. 11 Jan. 18 Mar. 11 Jan. 22 Mar* 9 Jan., Feb. 5 9 Feb, 5 Jan. 11 Jan. 21 19 18 Jan. Mar. 17 164 Jan. Mar. 17 108 4% Jan. 3% Mar. 29 Mar. 13 Mar. 30 4 13 Feb. Feb. 15% Mar. 13 4 22% Mar. 17 Mar. 30 4 112 a?152 82 Mar. 2% Mar. Feb. Jan. 2 79% Mar. 11 75% Mar. 31 Mar. Mar. 3% Mar. 29 6 % J an. Mar. 24 6% Mar. 23 Mar. 31 Mar. 17 Mar. 17 75% Mar. L55 11 25 25 Jan. 6 24% Mar. 9 3 21 100% Feb. 3% Jan. 28 20% Jan. 19 7 Mar. 6% Mar. 23 79% Mar. 11 Feb. Jan. 17% Jan. 22 ' Jan. 20 94 25 Mar. 30 137 Feb. 25 172 4 17 Jan. 53% Jan. 11 70 7 43% 37% Jan. 1 102% Mar. 22 50 1 4 3 Jan. 13 Mar. 5 Jan. Feb. d* 1 2% Mar. 15% Feb. 23 23 25% Mar. 6 Sale Mar. . 96% Jan. 8 1 13% 93% 13% 8% Jan. Mar. 23 110% Mar. 24 113% Jan. 4 16% Feb. 6% Jan. 166 Mar. 11 Jan. Mar. 57 13 14 116 Mar. 9 Mar. 10 Mar. 31 19 Jan. 4 35 Mar. 17 Jan. 8% Jan. 14 Mar. 30 Mar. 18 46% Jan. 14 Mar. 8 4 16 Jan 4 25% Jan. 21, Jan. Jan. 26 106% Feb. 26 Mar. 3 4 7% Jan. Mar. 11 7 46% Jan. 4 86% Mar. 19 80% Jan. Mar. 1 102% Mar. 64% Mar. 29 13% Mar. 22 Feb. 31% Feb. 10 26% Mar. 23 30% Jan. 11 Feb. 6 16 117% 113% Mar. 38% Mar. 7% Mar. 58 6 48 64 24% Mar. 24 Sale Sale -70 28 Mar. ill* 101% Jan. 24% Mar. 22 4 126% Jan. Mar. 11 18% Mar. 22 16% iooH Feb. Mar. 22 Mar. 22 Sale Jan. 15% Jan. 17 5 63 Mar. 30 Mar. 18 9 3% Mar. 10 9% Mar. 15 Mar. 30 44 2 4% Jan. 85% Mar. 23 ' Mar. 110% Mar 13% Mar 24% Mar. 2 Jan. 12 15% Mar. 3 62% Mar. 31 28% 2 10% Jan. Mar. 30 40% Mar. 24 21% 4 108 Jan. 4 Jan. 28% Mar. 22 79 Mar. 23 17% Mar. 31 22% Jan. 13 27% 4 Jan. 11% Mar. 30 109% 12 Jan. 11 Feb. 27 26% Feb. 24 40% 78% Mar. 30 Mar. 10 Mai. 16 Mar, 22 Mar Mar. Feb. Mar. 22 9 Mar. 27 Mar. 4 1 132 93 104 It* Mar. 5 29 23% Jan. 20 17% Jan. 21 15% Jan. 8 28 Mar. 8% Mar. 35% 2 18 26 11% Mar. 31 87% Mar. 25 lO Mar. 23 89% Mar. ■HB 23 38% Mar. 23 Mar. 10 mMar. 10 Mar. 22 7% Mar. 11% Jan. 50% Jan. l«i6Feb. 7% Jan.: 9 Mar. Feb. 11 17% Jan. 20 33% Jan. 9 20 Feb. 17 77% Jan. 11 125 Jan. 4 61% Feb. 3 7% Mar. 2 47% Mar. 11 39% Jan. 25 20% Jan. 20 28% Mar. 8 33% Mar. 31 54% Mar. 19 8% Mar* 8 15% Mar. 3 62% Mar. 31 9 Mar. __ 18% Jan. 14% Jan. 13 4 50 21 Feb. 6 Mar. 11 5 11 Jan. Mar. 23 4% Jan. 5 37 Jan. 27 32% Jan. 2 13 Jan. 8 25% Jan. 5 30% Feb. 26 Mar. 15 Mar. 3 Mar. 8 Mar, 31 8 Jan. 72% Jan. 49 2 Mar. 11 32% Mar. 65 . Mar. 11 Feb. 25 17% Jan. Mar. 3 Mar. 10 Jan. Jan. 27 Feb. 27 15% Jan. 25% Mar. Mar. ai 31 13%-Jan. 4 68 Mar. 23 4 50 Jan. 22 Jan. 2 48% Mar. 8 Mar. 22 16% Jan. 20 8 Mar. 22 128% Feb. Mar. 23 12% Jan. 22 Jan. 4 14% Mar. 8 67% Jan. 4 34% Jan. 2 65 Mar. 15 Mar. 13 Mar. 9 Mar. 28% Feb. 11 36 14 112 Jan. Mar. Mar. 31 Mar. 22 26 Sale L17 % 119% 116 162 162 165 22% 2 46% Mar. 3 22% Mar. 15 xlOo Mar. 8 41% Mar. 5 14% Mar. 1 124 Mar. 12 8% Mar. 8 8% Mar. 8 25% Mar. 8 54% 60 Mar. 8 Mar. 6 2% Mar. 10 43% Mar. 11 *44% Mar. Mar. 29 Jan. 14 28% Jan. Mar. 19 Mar. 4 UK 23 3% Sale ; Mar 54% Mar. 19 3% Salle 55 1 4% Sale 19 Sale 31% Sale 22% Sale 66 167 17% Sale 54% 55 38 38* 6% Sale 13% Sale 89 93% 62% Sale 17% Sale U S Freight 49 4% Mar 22 85% Mar 23 8% 57% 85% 14% 111 111% 110% 15% 14% Sale Sale 101 16 68 120 Mar. 30 24% Mar. 30 82% Sale 14% Sale 21 99 Mar. 22 20% Mar. 1 17% Mar. 31 31 Mar. 22 19% Mar. 23 73% Mar. 19 124 Mar. 23 60 Jan. 2 23% Jan. 12 33% Feb. 18 31% Mar. 10 19% Mar. 22 5 i 90% Sale 96 182 4 3 Mar. 76 Mar. 48 Mar. 71 % Mar. Mar. 15 78 Sale 24% Sale L04 Mar. .. 90 30 32% 48% 27% 111% 48% 65 . 66 105% 25% 68% Mar. 22 39% Mar. 2 15 Highest Sale Prices Mar. 24 21% Mar. Mar. 1 106% Mar. Sale 22 Sale 23% Mar. 22 28% Mar. Mar. Mar. 22 65 65% Sale Mar. 10 Mar. 23 15 15% Sale Mar. 2 Mar 31 18% Sale Mar. 19% 22% 20% Mar. 24 9 Sale 9% Mar. 1 11% Mar. 106% 106% 106% Mar. 30 108% Mar. Mar. 12 Mar. 1 8% Sale Mar. 2 26% Mar. 21% Sale Mar. 1 33% 40% Mar. 13 Sale Mar. 13 43% Mar. 2 50 Sale 42% Jan. 13 Mar. 30 14% Mar. 3 12% Mar. 30 Sale Sale 93% Sale Sale Sale Sale Sale Sale 23% Mar. 42% Mar. 23 14% Mar. 22 ,16 Mar. 22 127% 8% Mar. 23 11 11% Mar. 23 14% 27% Mar. 30 32% 54% Mar. 1 65 62 Mar. 1 70% 3% 3% Mar. 4 44% Mar. 23 49% 44% Mar. 24 49 31 Mar. Mar. 4 32 10% Sale 26 83 3 Mar. 23 Mar. 30 11% Sale Sale Mar. 11% lylar. 31 87% Mar. 25 Sale 18% 23 Sale 13% „8% Sale 33% 35 . 46% Mar. 29 23% Mar. 24 13 23 Sale U S Distrib Corp ......... Preferred.............. 100 6% Sale 43 Sale 37% Sale 16% 17% 27 Sale Sale Sale 94 Sale 1.23% 125 52% Sale Sale United Gas Ac Impt Co......* Preferred*...^... »..—«* Secur Corp 71 15% Sale Sale Sale Sale ':Preferred*...^»«*»*i'«*,..* Sale Sale Sale Sale Sale 41% Sale 14% Sale United Eng & Foundry 5 United Fruit —...* United Paperboard Co new 10 72% 42% 67% 19% 15% 25% 17% Sale Sale Sale 102 Sale ........100 Preferred. ..^—32% Sale ~ Sale 11 44% United Dyewood Sale 62% 13% Sale 89% Sale 31% Preferred.. United Drug Inc..... 62,900 Un ited Stockyards Corp., 160,100 United Stores A.... For footnotes Sale Sale Corp....w..«.#.»^.»A* Sale 47 45 15% 85 United-Carr Fastener Corp.* 47 56 26 United Biscuit of Am...—* 63% Sale 3% 3% 21% Sale 57% Mar Sale Prices 34 Mar. 31 124 33% Sale Sale 31% Mar. 10 19% Mar. 22 29 Lowest Sale Prices Highest Lowest Sale Prices 110 19% Sale 15% Sale 13% Sale 49 Sale Sale Sale Sale 30% Sale 4!H 98 25 31% Sale 86 Union Carbide St Car -.....* Union Oil. California United Aircr«ft Sale Sale 68,700 Union Bag 8c Paper........* Union Pacific IVA 28 ...1 A 83,000 Ulan Sc Co............ 34,400 Underwood Elliott Fisher..* 149,600 484,700 64,600 14,100 54,200 620,300 289,400 5,500 v 19,200 23 35 Sale 43 % Sale 14 Sale Sale 14 65% 05 % Sale Sale 37 52% Sale S% Sale 38% Sale 14 Sale 12 % Sale 47 Sale 37 38 % 11% 12% 93% 95 11 Sale 6% 7 11% 12% 26% •Sale 6% Sale 30 % 34 21 Sale 41 75- 12% Sale Sale 63 % Sale 15% Sale 29% Sale 18% Sale 74 72% 55 Sale Sale Sale Sale Sale Sale Sale Sale Sale 62 Sale 33% 21% 31% 46% 25% Ask Sale 15% 127% 10% 12% 27% 54% Symington-Gould Corp with 76,700 27,900 7,300 34 Sale 22 29'J Sale" Superheater Co (The)......* Superior OH .1 Superior 8teel._. 10f Sutherland Paper Co .10 Sweets Co of Aaier (The)..SO Swift & Co.. .25 Swift Internat Ltd..... * ...— 31% 67 3% Sale Sale 32% Sale Sale March 31 Ask Bid 30% 71% Sale 17 % Sale 124 Preferred. Bid Sale • * Stand Com'l Tobacco—...1 . .Ask Sale 21$* Sale 29% Sale 51 51% Standard Brands 1 * 34,700 Stone 8c Webster 1,018,100 (Studebaker Corp.. .......1 ' March 1 1937 ; 42,400 .Stokely Bros & Co Inc 225,500 4,200 8,800 335,400 35,800 Price Jan. 2 Preferred. RANGE SINCE JAN, 1 PRICES IN MARCH STOCKS N. Y. STOCK EXCHANGE Par 8,300 Spencet KelloM it Son« * 331,500 Sperry Corp (The) V t C.....1 23,700 Splcer Mfg Co * 2,400 107,600 5,800 „ SALES Since Jan. 1 3S EXCHANGE—STOCKS N. Y. STOCK April, 1937] 13 2% Jan. 20 58% Jan. 20 39% Mar. 11 . 40 N. Y. STOCK EXCHANGE-STOCKS AQOKEOA TL In Since March Jan. l Shares Shares 9,900 > ; 30 1937 190 473,700 670 2,700 1,760 2,640 \ 5 Sale 115 Sale 113 43H Sale 84% 87 ...100 pref 5% non-cum Va-Caro Chem 18" Sale 42% 31 Ask 84 Sale Sale Sale Sale Sale 6% preferred... 10< 146,800 1,230 Virginia Elec k Power 4% pf * 5,680 Virginia Iron, Coal & CokelOO 5% preferred ; ........100 3,410 3,800 Virginia Ry Co pref......100 gg 3,190 Vulcan Detlnnlng......-flO< 11 Sale 37 130 76 Sale 11% 66% 113% 10% 31% 132 131 .....—lOt 135 76 135 120% 135 30 t: 75,100 63,800 4,020 25,500 17,100 2,020 262,000 21,500 1,300 1,500 67,100 ... 7% preferred 190 110,900 157,200 7,040 61,000 49,800 3,080 790,600 55,900 gj, V 900 500 Preferred A.........._.10t 100 Preferred B... Waldorf bH% preferred ....100 tWalworth Co. Walker(H) Gooder & W Ltd.* 118 Sale . _._* Preferred Class B 19% Warner 44 % .....100 7% preferred ..5 Bros Pictures <3.85 con? preferred...—* 3,500 85,100 tWarner-Quinlan 319,200 Warren Bros. Convertible preferred....* 16,800 * 66,700 Warren Fdry & Pipe.... 5 31,600 Waukesha Motor Co 38,600 71,000 3,700 . 9,700 9,000 <7,300 Webster Wells Fargo & Co Preferred 90,900 4,400 1,620 3,210 2,750 1,800 1,230 144,100 290 1,050 530 690 240 66,200 10,200 25,200 58,800 60,000 54,000 44,000 10% .101 Preferred (6) West Penn Pow pref 186,000 Western Preferred Union 8,600 120 116 Sale 10< Second preferred....!,. Western Pacific nr4 .101 Western Maryland 52,300 161,200 96 121% Sale 10i .101 a17^ Sale .100 Sale 10< Sale Teleg 260 5%% 65,300 1,600 112,600 7,000 31,800 4,500 138,600 Wilcox OH Ac Gas 28,100 749.000 Wilson & Co. 132,200 4,000 83,500 24,800 9,170 6,000 12,500 256,700 80,500 23,560 21,400 3,190 11,600 12,400 1,655,800 4,750 21,000 315,100 6,500 91,500 155,000 690 6,500 3,800 340,500 690 8,800 174,000 4,300 29,500 54,200 •Nopar value. 1 16 » W) (t .... Worthlngton P Ac M.. 7% preferred "A". 6% preferred B Wrlnley 'Wrn' ft Yale At Towns 21% Sale Sale Sale Sale Sale Sale . Sale 9% Sale Sale Sale Sale Sale Sale 37% 32 Sale 103 115 125 Sale Sale Sale y 20 gig.ggEEggg . . gg;' . 'Egg..:Mggg.<Ng&g^ggvvg .gig^ •• 102 Mar. 107 Mar. 109 Mar. 1 96% Mar. 9 123% Mar. 115% Mar. 19 Mar. rl00%Jan. 123% Mar. 9 8; 115% Jan. 5 11% Mar. 23% Mar. 6 4% Mar. 17 11% Mar. 17 Mar 70% Mar. 5 11% Mar. 25 11% Mar. 17 Jan. 80 9 113 117 70% Sale Sale 53 Sale 32% Sale 134 124 42 Sale E-gg:, 5 170 Jan. 22 26 37 Mar. 37% Mar. 3 26 1 1 23% Mar. 23 31% Mar. 27 9 Mar. Mar. 5 50 Mar. 1 I20" 65 38 5 2 30% 37% 27% 34% 4 34% Mar. «* » 118 Mar. 110 120 «»' 2 Mar. 11 6% 12% 91% 57% 10% Mar. 23 Mar. 23 ••!' 1 2 4 Mar. 25 Mar. 8 47 2 112% Mar. 25 Mar. Mar. 3 100 Mar. 10 116% Mar. 18 28 " Mar. 6 1 68% Mar. 6 71% Mar. 30% Mar. 22 130 40 23 Jan. 7 Feb. 13 Mar. •. -■ !■ ' j-i-C,-j;;-1 4% 8% 79% 51 % 34% Jan. Jan. Jan. Mar. Jan. 81 Jan. Jan. 4 AX Jan. 25 27 Jan. 47 22 112% Mar. 25 .77% Jan. 100 Feb. 128 116 Feb. 91% Mar. 22 65% Jan. 20 Mar. 10 Mar. 6 7 Jan. Mar. 76 Jan. Mar. Jan. 62% Jan. 37% Jan. 3 Jan. 40% Feb. 9% Jan. 17 16 Mar. 20 Mar. 9 Jan. 142 Mar. Mar. 5 Mar. 6 46% Feb. 101% Mar Mar. Mar. 4 Mar. 2 75% Jan. 8 *99% Mar. 33 Jan. 115 Jan. 7% Mar. 27 16 23 15 6c 27 Mar. 24 % Companies reported In receivership :V; :Eg.E -E-Ei ,, . ?:■ -■ ?..yyyy?.:?^yyy,:■ y-yy,?y-yy ■ ■ ■???'■ y? ■yA?yyyy:<:: ' y?'y ■ ' V -SSKE' 'gg -■ ^Ei:; syy. \ ■ .■y.y E:gg':|I';gEiEg , yyy-?.. 'xymyyyy--.y^y : >'■ . ee:yyyy??'?.ry>-'\ ■'■'■.■.J-? v ■ ah?[ yyyyywyy yyy yyyyy* ■ -1: ■: g: gvv 25 m Mar. 10 ., -i:,. 2 Mar. 11 Mar. 22 93 Mar. 29 23 Feb. 18% Jan. 88 53 22 Jan. 65 3 Mar. Mar. Mar. Mar. Jan. 110% Mar. 17 33% Feb. 16 42% Mar. 22 Mar. 27 ■i \ .y?., 6 22 Mar. 22 168 Mar. Mar. 23 28% Mar. •ftlii . 22 Mar. Jan. ■ < 9 11 19 M 1 95% Sale 82% Mar. 100 101% a;99% Mar. 18 34% Sale 33% Mar. 23 9 7% Mar. 7% Sale fCx-riarhfcs 4 Jan. Feb. 4 87 Sale 84% Feb. 83% Jan. 25 6 Mar. 39% Jan. Jan. Jan. Mar. Mar. 24 49 57% Mar. 135% Mar. 22 157% Mar. . Feb. Feb. 23% Mar. 6 4% Mar. 17 Mar. 17 56 ee",■ " .: / E. yy .?:?■??,v;W ■- 1 Mar. Mar. . , 9% Feb. ^2%*Janv**9 Feb. 3% Mar. 8% Mar. lE'ggggggEE. . Mar. 10 gggEgg:gggg;gg- -V gggE; EgE.y;. ggg. 46 38% Feb. 19 Mar. Mar. 114% Mar. 9% Mar. .V'. ••••••' : 5 5 6 38 Sale 7% Sale x ffijc-divldead Jan. 23 Feb. 17 Jan. 25 Jan. 16 2 Mar. 2 110% Mar. 17 Mar. 22 32% Mar. 5 5 Mar. 31 18% Mar. Mar. 2 6% Mar. 22 95 Sale Sale • 1 Feb. Jan. Mar. 17 109% 108% 31% Sale 28% 16% Sale 16% Sale 6 5% Sale Sale Sale 24 18 69% 1% 12% 35% Mar. 35 Sale Mar. % Mar. 6% Feb. Mar. 11 Mar. 16 Jan. 8 Feb. 1 Feb. 26 Mar. 2 56 Sale 1 61 18% 49% 19% 50% 10% 99% 84 Mar. 119 159% 157 Sale 89% 37 gg' 121 20% 4% Sale Wi 13% Mar. 6 11 101% Mar. Mar. Mar. 39% 75 Jan. 94 8 Jan. Mar. Mar. 94 87 121 2 Mar. 1% Mar. 1 10% Mar. 22 29% Mar. 27 6% Mar. 11 Sale Sale Oasb sales 34 Sale 100 r Mar. 22 51% Mar. 18 110% Deferred delivery Mar. 23 42 88 25 preferred........100 28 Sale 79 120 Products Corp. Jan. 55 Sale 5H% 8 118 Mar. 17 19% Feb. 6% Mar. 11 Sale Sale /.onlte Feb. 15 a;112%Mar. 11 11% Jan. 16 45% Mar. 18 19% Mar. 3 42 Jan. 1 6% Jan. 87 10' Zenith Radio Corp... 49 Sale 10' ' Mar. 57% Sale 43% Sale 10» lOt 29 15% Mar. 1 45% Mar. 29 19% Mar. 20 5% Sale Sale 90 80 ' preferred 1 1 62 Youngst'n Sh Ac Tube 7% Mar. Mar. Mar. Mar. Mar. Mar. Mar. )9% Mar. L6% Mar. 4 105 Sale Sale B 3 7% Jan. 15% Mar. 16 Mar, 17% L5% L8% 19% L9% 18% L0% 7% Mar. 103% 110 31% Sale 17% Sale 5% Sale 38 39 Young Spring At Wire ....... Ac C'ch class Mar. 17 .9 Mar* 22 "2% Mar.' 118 Sale 35 138% 139 43% Sale 82% Sale Yel Trk .6 15% Mar. 23 dl2% Mar. 18 23 120 5% I 11% Mar. 11 31 Sale 4% 18% Mar. 16 35% Jan. W. \ilH ' 153* 10% Mar. 16 9 Jan. V, 11 3% Jan. 3 26 Sale .0% Mar. 16 .8% Mar. 16 Mar. 37 Sale 1 1 Mar. Mar. 10 26 Sale 7 5 Mar. 4 Mar. 12 Mar. 12 98 74% Mar. 2 98 70 Feb. 17 .18% Mar. 22 120% Mar. 19 117% Feb. 2 122% Jan. 37 115% 116 10% Sale 50 15 Jan. 19 135 127% Jan. 16 120 34% Feb. 12% Jan. 37 Mar. 20 Sale 118 4 Mar. Mar. 1 Feb. 27 Mar. 22 37 .U v.,! Mar. 18 135 Mar. 27 Feb. 26 Mar. 18 115 41 26% Sale 100 Mfg Co 12% Mar. 30 68% Mar. 31 31 37 Sale Wright Aeronautical Corp.. • 80 88 Jan. 4 Feb. 24 Sale Sale 115 Sale Sale • ......... preferred.. cum Woolworth Mar. 18 Sale Sale Sale *..5 Mar. 27 85 43 114% 914 20% 3% 9% 34 - 80 Mar. 18 12% Mar. 30 7% 56 Mar. 4 68% Mar. 31 54% .08 Mar. 18 113% Mar. 29 108 Mar. 5 8% Mar. 1 12 8% Mar. 5 26% Mar. 1 35 26% 29 6% Sale 163 Preferred..............100 8,000 ' S' 531,800 White Motor * 33,600 White Rock Mln Spgs ctfs 69,400 White Sewing Mach Convertible preferred 19,200 • Mar. 27 85 1 80 _____ 153 90 120 pref 100 * 191,400 Wheeling Steel Corp.... conv 80 Mar. 18 10% 29% 121 Sale 550 Wheel'g & Lake Erie Ry ColOO 40 Mar. 27 85 2% Sale Sale 39% Jan. 7 44% Jan. 20 Mar. 5 111% Mar. 27 115 42% Jan. 5 46% Jan. 15 5 % Mar. 31 8% Mar. 18 24% Mar. 18 34 Sale 1 4 80 61 74 Sale 52% Sale 153% Sale ... 6,100 3.200 40% Mar. 24 43% Mar. Mar. 111% Mar. 27 115 43 Mar. 13 46% Mar. Sale 1% "2" 1% 50% Sale 53% Sale 49% 81 82 80 81% 80% 100 Sale 94 98 93 105 % 107 105% Sale 103 94 96 % Sale 90 90% Sale 95 10( 7%. 6% preferred.. Highest Sale Prices 8% Mar. 22 94% Mar. 18 13% Mar. 22 7% Sale 1 98% • 210,800 Westlnghouse Air Brake 141,500 Westlnghouse El Ac Mfg.. 5' 7% 1st preferred....... 5' 1,750 • 82,200 Weston El Instr Class A 1,280 * 30,700 Westvaco Chlorine Prod 5% preferred 30 11,800 180 36 % Lowest Sale Prices 4% Mar. 65 Sale Highest Sale Prices 13 Sale 80 105 Sale % Sale Sale 7% preferred... Sale 17 45 Sale lOt 12% 28 "ill . Sale 12 36 "A".,. - 18% 36% Sale ...1 95 Sale 1% Sale 9 % Sale preferred.. conv West Penn £1 Co 27,400 60 101 ., Wesson OH & Snowdrift <4 15 % ASH Sale Blsenlohr. 49,500 / Lowest .31 Sale 100 % Sale . "4",580 " 1,860 39,700 1,300 .. Sale 133 30% Sale Sale 113% 114 Sale 17% Sale Sale 47% Sale 19% 19% Sale 49 % 46; Sale ....... Sale Sale 48 Ward Baking class A.......* 9% Sale RANGE SINCE JAN. 1 Sale Prices 8% Mar. 113% 16 Sale 8% Sale 91 Sale 17 System............* Walgreen Co ... Sale Sale Sale Sale .............10t tWnbash 8,400 11,700 263,700 4,100 867.200 183,400 , 100 March Ask Bid Sale 116 ....—5 /■;- 800 V Co 7% 1st preferred..... Vlck Chemical Co....... March 1 Ask 140 Vlcks Shr & Pac Ry Co—100 100 270,900 71,900 I Van Raalte 590 14,100 50 7 Price Jan. 2 Par 32,400 , '' . 5,600 PRICES IN MARCH STOCKS N. 7. STOCK EXCHAN OE - J'g;.A??yy%MiAz■' ' ■ g ????:■'?■ -E 1 E ■■■; M ■ .^E\. gg.; ; ; •' ' ;'rgu:g.'c;'- ' . ■Wy? ..1,. r*t «y" --i- EEEee'EE y:,: :y,?y\ iggj:!)■ Sg-E yy■ ■???■■<' yjiyyyy';g :;,i-E /E ^ yy E -./■ v'Jy ■'{??■■; v-j-'V;:- ■ ■M'r'- \:y'yyyy' yy ■ . yj) . . r 'i- ? ■■■■- ■ y.-yy- ■ ■ ., ' r -v;g;-:g'e . n. ,»-l - r ■■ . ■ ... .yyy.y:,'?%■'' <??■?" g-'• Eg%rr<-: E.Eigg:g;g.|g;i?'■ -'y -'g,' • „ :gE.; ■ .y?J0yjy. i;.;s y .y:'Jx?iV'J ' i ' E y<. •*?- • y? y :>i? ■ .: y?i:y,;i;--;.vv;gg yy:yi?ymyyy-^s^' yyyymmyyymmvyy ymm. g'K E? il yy?: : EE i%x :• EE,; EeeEe . gg ;'g gg' -Ev;i-;.;■// ^yyy,..,.:,\^yyyyy y?: . : ■ E-gg:?l-g:^;gg g/Eg' y^L v ■y. .;§0AifgM yyyyy: -y■ -■ v *; ■ v «s-. 5& ■y&ytWyyy}:yy:Byyyy'^'':'y>y' 'xm iyyr?yyyyy ■ . " ism??y?x??yy??:- ": ?:y ?■' y?;:;■ -y~y,yy?r y'f - ; yr'y-.:yy:yy-..-yy ::~ yyyyyyyyy' ' ,:yy--y ■■■■■'-? <U' "■ i> s yyyyyyy:-'''yyxyy-y: :iy.?y?- yyy?. gggiiggggggg. EE-E y-i;;,:?y-yy'iy; ?y: r'>g.;4.rg;ggg5!4.i;:g V-,' : : ' E/,.c.. ::: E . .; • ;gV;. ■y.yyy yy ^ ■ E.^l g E,. igjI'V/E-g', ' ..'.EE. E.'E gry :v'.j •,/y?Eg •;{' "gv, '..:;_g,E E: ; I.... . . ■ , • EE ...-. •:g||.g.^g;V 'Eg|;E:E lE,;g,gg'g^g;Eg;;g'E:;E;g? ■ Ey?y ;?i E :;,...E::g^'gE^ ■ ■: '-yyy -'yyy-~ . ..I ■■ • ■ y.■ •; ' I'.EE. .' v,g>.. ■ y!zy-;y?y,: yyy;?jyy?yyyy?r- ^gggr'g, 1 /. ymyyf: g vgggyy.':;, -;L".. i > RANGE OF PRICES ON NEW YORK CURB EXCHANGE Stock* t March 14,275,587 54,765,737 13,040,000 47,913,631 Jan. 1 to March 31 Bond Sales 1936 Sales 1937 Shares. \ 1937 , 1936 • March $50,493,000 Jan. 1 to March 31 152,981,000 $77,756,000 308,394,000 NOTICE.—Deferreadellvery, under the rule and oaeb e&les, are disregarded in the month's range, unless they are the only transactions of the month, and when selling outside of the regular monthly range are shown In a footnote In the month In which they occur* No account is taken of such sales In computing the range for the year* NEW YORK CURB EXCHANGE In Since March Jan. 1 Shares Shares 3.100 1,700 5,900 1,960 , S 1,700 300 200 200 , 1,225 1,800 21,500 v 69,660 25 •"""566 11,700 1,100 51,900 1,845 17,500 2,850 . * 25 } 600 1.950 4,100 123,600 1,100 3,400 2,000 7.400 11,000 4,200 4,300 460 49,600 51,200 200,600 13,200 60 4,200 25,300 27% 29% % % 74$ Sale 23 Sale 554 Sale 3% 4% 22% 22% el* 2,800 16,800 50,700 800 100 2,770 13,500 13,400 91,700 25 Amer DlstTel N J $2.50 preferred.... Amer Hard Rubber Co Amer Laund Mach com. 50 com 20 Amer Light & Trac com 25 6% preferred.. .....25 Preferred. 100 26% 26 Sale 164 l American Meter Go "17$ ■■13m Sale 112% Sale Sale 125 30 29% 3% Sale 73 68 18% Sale 11 10% Amer Seal-Kap Corp com....2 American Superpower......* 1st preferred............ Preferred ..* Amer Thread preferred..... 5 com... 654 Mar. 4 2754 Mar. 29 19 Mar. 2 4% 30 Wupperman 1 $7 preferred ........* Radio Tube ..1 Arkansas Nat Gas com Preferred. * ....* ...... ...,...10 330 Arkansas P Ac L $7 pref Amerlcan deposit rects..£l 10,300 73,700 Assoc Gas Ac Elec com ......1 Class A ..................1 403,300 $5 preferred...... .* 24,700 Warrants..... 202,800 7,100 Assoc Laundries of Amer...* Vtc common..........__* * 3,200 Associates Investment Co 72,100 Atlantic Coast Fisheries... Atlas Corn com. ........* 6% preferred—........50 11,100 Warrants................. 94,200 ...* 59,900 Atlas Plywood Corp __1 204,700 Austin Silver Mines.... Mar. 8 2 154 Mar. 6 76 73 Sale 77 Sale 6754 Mar. 24 Sale 23 3 354 5% 3% 23% 170 17 133 127 % Sale Mar. Mar. Mar. Mar. 5 160 Mar. Sale 11654 1754 954 11254 Mar. Mar. Mar. Mar. Sale 125 Mar. 1754 28% Sale 354 2% 68 Sale 1954 Sale 10 154 3954 86% 79 12 Sale 4 6754 Mar. 22 2 23 Mar. 3 3 554 Mar. 9 3% Jan. Mar. 1 Mar. 20 [3054 Mar. 18 3054 Mar. 3 3% Mar. 1 Mar. Mar 75 10 Mar 11 1 Mar Mar. 9 2054 Marl 19 Mar. 16 154 Mar. 5 Mar. 3 Mar. 30 77 Jan. 5 6 29% 21 Sale 39 "II"" Sale 34 38 26 Sale 111% Sale 11% Sale 35 415 23% 40 25% 33 41 345 Sale 28 " Sale Sale Sale Sale 41% 25 Sale 34 36 22 28 39 36% 32 Sale 29 Sale 2754 44 2854 4454 90 Sale 5054 154 4554 954 8054 ""1% Sale Sale 1 lh 40 M 105! 36% 9 2% Sale 96% 47% Sale 4% 4% 5% Sale 92 6 Sale "l% Sale 48% 154 38 Sale 2 40 9 Sale 2% Sale 94% Sale 47 51 454 Sale 4% 5 8 36 21 2 54 4754 154 42 954 2 93 Sale Sale 4354 Sale 4% 454 4% Sale a "34"" "35" Sale 7 41"" Sale 34 108 % Sale 154 Sale 8 Sale 8% Sale 10$ Sale 11 Sale ~14% Sale 6% Sale 10 Sale 12% m 2% Sale 4 . .13 54 Sale 2% Sale 33% Sale '32 M m% Sale Sale 29 Sale Sale % Sale 01254 2 Sale 354 Sale 2754 Sale 54 Sale 52% 97 18 4 2 28 254 Jan. 1154 Sale 97 12 101 Sale 97 Jan. 75 1754 Feb. 21 62 8 20 3% Sale 3% Sale 154 Feb. 10 % Jan. 34 Mar. 23 3854 554 3354 2954 Mar. 23 1 2 1 3354 Mar. 5 Mar. 22 125 Mar. 22 125 3654 3254 2054 2754 39 Mar. Mar. Mar. Mar. Mar. 18 30 31 16 1 Mar. 18 82 154 Mar. 1 Mar. 22 46 154 Mar. 25 40 Mar. 2 9 Mar. 2 Mar. 19 Mar. 22 Mar. 20 Mar. 30 Mar. 19 Mar. 29 Mar. 30 Mar. 29 88 4254 454 454 65s 54 33 1 37 Mar. 22 3654 Mar. 2 2254 Mar. _ 28 46 Mar. 16 Mar. 25 82 Mar. 18 254 5154 154 4554 954 254 Mar 29 Mar. 6 Mar. 5 Mar. 18 Mar. 19 Mar. 9454 Mar. 4854 Mar. % 4 54 Mar, 4 54 Mar. 8% Mar. 18 _ 1 Mar. 24 4154 Mar. 6 30 10754 Mar. 25 1 254 Mar. 6 6 1254 Mar. 11 8 22 15 9354 Mar. 13 13 15 23 8 1254 Mar. 18 154 Mar. 15 354 Mar. 11 25 Mar. 12 54 Mar. 1 54 Mar. 3 54 Mar. 12 * 1254 Mar. 11 10 Mar. 1 Mar. 17 Mar, 5 454 Mar. 12 Jan. Jan. Jan. 14 454 Jan. 18 Feb. 1 n* 13 Feb. 3 Jan. 6 3554 Mar. 22 Mar. 22 125 Jan. 22 Jan. 14 136 7 554 Jan. Jan. 6 Mar. 23 36 19 Mar. 23 Jan. 2% Jan. 2 2054 Jan* 4 35$ Mar. 30 24 33 21 18 37 31 16 26 2654 Jan. 2854 Jan. 4854 Jan. 14 5 L08 Mar. 29 112 « Jan. Mar. 6 1054 Jan. 7 3354 Jan. 5 3654 Feb. 11 Feb. 5 3954 Jan. 9 42 Jan. 22 24 Jan. 7 32 2454 2054 2754 3254 Jan. Jan. Mar. Mar. Jan. 38 46 82 Mar. 18 82 154 Jan. 59 Jan. 854 Feb. 42% 454 454 554 % 33 Mar. Mar. Mar. Jan. Mar. Jan. 10554 154 7% 7% 954 Mar. Jan. Jan. Jan. Mar. 9l54 Mar. 13$ Feb. 654 Jan. 25 Jan. Mar. Mar. Mar. . 3 20 30 19 26 30 13 11 Jan. Jan. 13 23 Jan. 14 Jan. 14 Jan. 11 Feb. 26 Mar. 24 42 54 Feb. 8 30 11054 Jan. 3 Feb. 2 7 13$ 6 22 15 16 1254 Feb. 8 8 Feb. 10$ Jan. 16 ; 6 " 96 Jan. 11 ■4 1554 Feb. 5 2 8$ Jan. 11 11 15 11 12 54 Feb. 25 6 54 Jan. 2 Mar. 12 Jan. 4554 Mar. 18 10$ Jan. 14 ~ Mar. 19 Mar. 22 2 88 16 4 Mar. 25 Mar. 18 254 Jan. 20 154 Mar. 25 38 Mar. 22 Feb, 20 254 Mar. 29 2 Mar. 22 46 Mar. 2 Mar. 16 Mar. 16 Mar. 17 Mar. 4 Feb. 20 54 Jan. 7 5054 Jan. 5 1354 Feb. 11 3 Jan. 7 554 Jan. 3954 Jan. 732 Jan. 154 Feb. 54 Feb. 56 Feb. 101 1054 Sale 5154 354 Sale 2454 Sale 2% Sale Mar. 9 Feb. 9 Mar. 10 3954 Mar. 42 Mar. 6% Mar. 1054 Mar. 23 Mar. 2 Mar. 2 Mar. 19 Sale" 3$ •' 11 Jan. 18 12 29 Mar. 23 50 16% 5154 354 Jan. 7 20 34 53% 100 6 19 Jan. 6 2654 Feb. Jan. 4 17754 Mar. Jan. 12 11954 Mar. Feb. 20 1754 Jan. 954 Jan. 4 14% Jan. Mar. 9854 Jan. 18 140 121 Jan. 8 13054 Mar. 2754 Feb. 24 3254 Jan. 8954 Mar. 15 10554 Mar. 2 Sale 154 Mar. 954 Mar. 1054 Sale 1054 Mar. 11 Sale 9% Mar. 954 Sale 9154 Mar. "1354 14% 1354 Mar. 7 Mar. 754 Sale 1254 Jan. 22 42 10754 Sale 154 Sale 10% Sale 24 Mar. Sale Sale 22 22 8 2 86 ■ 3354 Sale Feb. Jan. 3654 Jan. 454 Mar. 23 454 Mar. I 454 Mar. 10 354 Mar. 22 Mar. 27 23 21 Mar. 1 3554 Mar. 30 4154 Mar. 1 108 Mar. 29 11154 Mar. 10 Mar. 23 12 Mar. 6 11 ll$ Sale 3454 3554 3354 Mar. 18 3554 Mar. 10 4054 Mar. 10 4154 Mar. 8 3954 40 2454 Mar. 17 2854 Mar. 4. 2454 25 Sale Jan. Jan. 8954 Mar. 15 454 "4% 354 Sale 20% 2154 Sale 36 Sale 87 77 42 2954 Mar. 23 23 14 13 Jan. 12 Mar. 5 146 115 17 134 Sale 3 Jan. Mar. '32% Sale" Sale 3% Jan. 554 Mar. 9 254 Jan. 15 7 Jan. 2154 Jan. Mar. 4 Mar. 19 Feb. 1 275 Mar. 15 2 19 86 3854 Mar. 23 554 Mar. 23 4% 3% 2 Jan. Jan. 5 Mar. 31 3954 Mar. 3854 Sale 654 Sale Sale 2 2554 Mar. 13 140 35 44 5 Mar. 3 68 18 Sale 40 90 Mar. 2354 Mar. 11 24% Mar. 15 L7754 Mar. 18 L1954 Mar. 4 17 % Mar. 13 Mar. . 75 254 Mar. 12 2754 Mar. 56% 45% Jan. 11054 Feb. 25 111 21 Jan. 9 24 654 454 Feb. 5 14$ Feb. 5 2754 17 Mar. 22 22 354 Jan. 4 554 2854 Jan. 5 34$ 154 % Jan. 4 72)4 Jan. 7 79 8454 Mar. 4 . 2354 Mar. 2454 Mar. Atlantic Coast Line Co....50 ::V:Y,v;r,•: Mar. 30 69 2,300 53 5 Mar. Mar. Mar. Mar. 1 42 * 16,600 Art Metal Works common.-.5 188,300 Ashland Oil Ac Refining Co.l 3,770 122,300 454 Mar. 29 % Sale Class A Mar. 77 Rights Apex Elec Mfg Co common..* Appalachian Blec Power— A returns 654 Mar. 1754 Mar. 17 1% 73% 1 Sale 22" 39% Sale 32"" Sale 55 Amer Pneumatic Service....* Amer Potash Ac Chem Corp..* Angostura 4% 29% 5354 Mar. Sale 5% Sale 24 18 4654 Mar. 29 "24_~ Mar."31 ..... 100 American Maracalbo Anchor Post Fence Highest Sale Prices 125 ... Amer Mfg Co common Lowest Sale Prices 2 6 800 Amer Investment (111) com. 25 3% 5% Highest Sale Prices Mar. Sale common. ... For footnotes see page . 354 454 4l* Atlanta Birmingham CoastRR Co pref ...100 16,100 Sale 25 86% Associated Blec lnduatrles-r- 96,700 3,800 30 1% Sale 76% 74% 85% 225 7% conv preferred 100 2,300 American Equities Co ......* 147,800 Amer 8c Foreign Power warr.. 5,500 Amer Fork 8c Hoe Co com...* 176,300 American Gas Ac Blec com...* < 5,295 Preferred.... 50,500 American General Corp... 10c $2 preferred 9,200 1 1,000 231,800 217,700 918,400 71,900 Sale 29 42 ... 545,400 12,200 5,400 2,800 7,800 569,700 ■: 5,400 26,300 11,500 27,700 43,800 4,200 15,700 24 Common class B........ 10c 4,550 Class A with warrants...25 6,900 Class B—.... 63,000 1 125 Amer Cyanamtd com cl A.. 10 186,900 Common class B.........10 32,300 55,700 2,200 6,175 48% Sale 22 20% 5% Sale 16 18% 18% I 19 S5.50 prior preferred ..* Ask 53% Sale S3 preferred............. Amer Cities Power 9c Lt Corp Conv class A............25 9,300 170,400 3,500 354 19% 3% 19 Lowest Sale Prices March 31 Ask Bid Bid * Allied Products class A....25 Aluminum Co common.. * 400 1,600 • SO preferred.. 9,500 1,500 725 4.200 -10,500 1,100 1,700 ' , 100 300 110% Sale 21 2254 554 Sale 12$ 1554 410 American Book Co.......100 40,900 Amer Box Board Co com 1 1,900 Amer Capital Corp cl A..10c 400 2,200 700 250 3,400 Ask Bid 53,850 Sale 153 11,000 6% preferred...........100 4,400 Aluminum Goods Mfg......* 17 % Sale 12,100 Aluminum Industries com..* * 37,850 Aluminium Ltd Sale 6,100 0% preferred 100 Sale 39,900 American Airlines Inc....10 Sale 13,700 Amer Beverage Corp... 1 26,650 3,450 1,800 800 24,900 2,300 9,200 2,000 210 20,800 > March 1 26 1 17,100 Allen Industries Inc com 4,700 AUes 8c Fisher Inc common.* 7,600 Alliance Investment com...* 1,000 Allied Internet Investing.. 700 S3 conv preferred........ 5,900 1,500 ; Par Acme Wire Co ▼ t c ................ 900 500 640 , STOCKS _ 56,800 Class B.............. 5,300 Agfa An sco Corp com 1 21,600 Ainsworth Mfg Corp com 5 25,400 Air Investors Inc common. 5,600 Convertible preferred * 32,600 Warrants. 2,450 Ala Gt Sou RR ordinary 50 2,250 Ala Power Co $7 pre* * 25,100 1,200 5,800 • Jan. 2 240 Adams lfillls 7% 1st pf. 100 2,200 Aero Supply Mfg class A....* *i"366 : Price 1937 17,050 3,450 RANGE SINCE JAN. 1 PRICES IN MARCH SALES AGGREGATE 354 Sale 2654 2654 3 54 Sale 354 Mar. 25 2454 Mar. 1 254 Mar, I 354 Mar. 5 2954 Mar. 8 3 % Mar. 31 1054 Mar. 23 47 Jan. 7 1654 Jan. 4 1354 Jan. 30 5754 Mar. 19 18 Feb. 13 5054 Jan. 7 354 Mar. 25 5254 Feb. 19 2954 Mar. 18 354 Mar. 31 Jan. 4 254 Feb. 10 4 Jan. 8 14 In Since March Jan. 1 1,480 Jan. 2 2,350 200 200 28.666 62,700 65,300 130 21,100 Inc...l Barium Stainless Steel.....1 Barlow & Seelig Mfg class A.5 Baumann (L) & Co com * 7% 1st preferred... 100 Bell Aircraft Corp common.. 1 Bellanca Aircraft common.. 100 450 175 190 250 : 6.300 7,000 10,200 18 Sale "65$ Sale" 19 185* Sale Sale 75* Sale 6 3 '~2M 1 : Sale 20 , 3 5* Sale f~45$ *> 6"| "35* Sale" 15* Sale 145$ 155* 22"" Sale" 45 5$ 35* Sale 475* Sale 35 5$ Sale Sale Sale 95* 10 % 50 3* 52 145* 15 A 5$ Sale 17 5* Sale 160 105$ Sale 185* 195$ 53* Sale Sale 15$ Sale 25$ 155$ 15 195* 35$ " a* 33 85* Sale" Sale 445* Sale 9 Sale 44 165* Sale 6 295$ Sale • 5 6 Sale 31 Mar. 12 175$ 65* Sale 295* Sale' 85* Mar. 2 19 Mar. 143* Mar. 2 365$ Mar. 30 193* Mar. 25 33* Mar. 15 423* Mar. 27 315* Mar. 30 9 Mar. 27 Mar. 31 Mar. 23 56 Mar. 19 55* Mar. 9 285* Mar. 23 17 5,400 2,550 5,200 10,000 1,400 Common 3,850 12,300 47,300 1,400 7% 1st pref 2d preferred ..... 100 ....100 185* Sale Brazilian Tr Lt Ac Pr ord—• Breeze 3x 25* .......—* 15,700 25$ Sale 2 "65* ""65$ 6 295$ Sale ...1 Corp Sale 65* 263 133 27 135* 200 Bridgeport Gas Light Co....* 75 10,100 51,400 Bridgeport Machine com §66 Bright Star Elec class B Preferred. ; Brill 58,900 20,100 9,100 2,700 1,100 < 40 1 2 * Sale 585* Sale 10 115* ....100 preferred 7% Sale 7 2 J* Brlllo Mfg Co common.. * * Class A 240 185* Sale 185* Sale ""15$ "3" '15$ ""25* 243* Mar. 4 55* Mar. 10 25 Mar. 22 135* Mar. 30 15 Sale 63* Sale 695* Sale) 125* Sale 31 Sale 145$ Sale 55* Sale 67 Sale 105* 11 92 Jan. 5 Mar. 30 9 Mar. 27 1 44 Mar. 31 18 6 2 Mar. 27 Jan. Jan. Jan. 155* Jan. Jan. 6 27 5 Feb. 1 28 Jan. 5 Feb. 1 2 245* Feb. 3 53* Jan. 30 Mar. 17 10 Jan. 18 Mar. 3 2 13 Feb. 185* Jan. 4 135* Mar. 30 Feb. Jan. 19 22 25* Feb. 5 155$ Mar. 8 ; Jan. 42 65* Mar. 17 305* Mar. 1 143* Mar. 29 Feb. Mar. 30 55* Mar. 3 31 31 21 10 4 1 3 16 19 3 25$ Mar. Feb. Jan. Mar. Mar. 1 Mar. 15 Mar. 6 8 25* Jan. 15$ Jan. 3 6 Mar. 15 85* Mar. 105$ Mar. Mar. 1C 18 5 125?$ Mar. 10 36 Mar. Jan. 169 Feb. li* 36 185* % 75$ 325$ 16 156 103 18 Mar. 8 Mar. 18 Mar. 10 Mar. 1 Mar. 1 50 Jan. Mar. 18 16 43 45$ Mar. 155* 373* 245* 33* 475* Feb. 3 Feb. 17 Jan. 16 Jan. 21 Jan. 18 Jan. 25 563* Jan. 29 375$ 24 li 45* 485* 435* 11 Feb. 19 20 5* Jan. 6 75$ Mar. 15 355* Feb. 5 25$ Jan. 325* Jan. 8 6 7 Jan. 4 305* Mar. 1 145$ Mar. 29 34 Mar. 19 35 Mar. 10 34 Mar. 19 36 5* Jan. 16 Mar. 22 195$ Mar. 30 16 Mar. 22 215$ Jan. 22 ....100 ...... Corp class A.. Class B 77,400 13,100 4,200 , . 175* Sale Mar. 22 Jan. Mar, Jan. Mar. 18 Bowman Biltmore Hotels— 2 25* 45* 35* 175* 85* Feb. 9 115* Mar. 22 1215* Jan. 45$ Feb. Mar. 31 35* Mar. 15* Mar. 4 Jan. 159 8 1253* Mar. 10 55* Mar. 3 25$ Mar. 15$ Mar. 44 Mar. 16 Jan. 125* Jan. 55* Jan. 18" "Mar." "3 165 Mar. Mar. 45* Mar. 19 Mar. 30 10 Feb. Mar. 24 128 185* Mar. 12 145$ Mar. 65* Mar. 155* 75$ Sale 35* 7 7 28 Mar. 9 175* Mar. 10 85* Mar. 10 15 19 6 115* Mar. 22 40 Mar. 30 1535* Mar. 15 45$ Mar. 6 3 Mar. 22 5 Mar. 15 45* Mar. 22 75* Mar. 15 65* Mar. 9 Sale .....5 Bower Roller Bearing 145$ 14** Highest Sale Prices 135 Sale 6 Lowest Sale Prices 124 Sale Sale 15* 4S Highest Sale Prices 28 Sale Sale 1225$ .. 39,500 Sale 15 5,400 Bickford's Inc com.........* i $2.50 Conv pref..........* 625 95,500 Bliss (B W) Ac Co common...* 68,300 Blue Ridge Corp com $3 opt conv pref * 10,500 22,200 Blumenthal (S) Ac Co com.. 3,025 Bohack (H C) Co common.. 7% 1st preferred.......100 V 1,630 25 5,100 Borne Scrymser Co * 16,600 Botany Consol Mills com .......* 11,800 Bourjols Inc 2,000 Sale 163 Purchase warrants 269,200 21,400 12,800 3,600 3,900 700 35* preferred....* Convertible 393.300 Berkey & Gay Furn Co 56,300 26,300 3 6 1 500 110 Sale Sale 3** Sale 138 Bardstown Distillery 458 Bell Telep Co of Canada..100 570 Bell Telep of Pa 65$ % pf__100 600 Benson & Hedges com— 140 Sale 147 Lowest 75$ Mar. 22 85$ Mar. 2 Mar. 24 75$ Sale 103* Sale 35 Sale I Sale Prices 31 Ask Ask Bid Bid 85$ Sale 85* 33* 395* Sale "8 3 warr March March 1 Ask 1365$ Sale .* Babcock Ac Wilcox Co 105,500 Baldwin Locomotive 8,900 328,600 8,150 , CURB EXCHANGE 1937 11,225 2,475 40,200 8,900 67.900 ■ Price Par Bid Shares 37,900 Automatic Products Corp..5 75$ 33.600 Auto Voting Macbine com..* 4,470 Ax ton Fisher Tob class A—10 23,900 15,500 . NEW YORK STOCKS (Continued) • Shares RANGE SINCE JAN. PRICES IN MARCH SALES AGGREGATE EXCHANGE CURB YORK NEW 42 21 '"")*>'eb"""2 "3KFebl"5 5 5 5 1 105* Mar. 15 165$ 6 5* 705$ 125* Mar. Mar. Mar. Mar. 295$ Mar. 11 31 Mar. 11 245$ Mar. 23 265* Mar, 25 25 135* Mar. 24 55* Mar. 24 633* Mar. 22 65* Jan. 25$ Jan. 535* Jan. 9 4 16 10 19 Jan. 163* Feb. 73* Feb. 77 2 18 Feb. 125* Mar. 2 1 Mar. 11 295$ Mar. 11 31 245$ Mar. 23 235* Jan. 6 265* Mar. British-American Oil Co..... 400 2,900 100 300 Coupon stock (bearer)....* Registered .... 215$ 215* 235* 235* 323* 32 335* 265* 235$ 235$ 245$ 245$ z302* Sale 305* 315* 305$ 305$ z305$ Mar. 31 315* 26 255$ Sale Mar. 20 British Amer Tobacco, Ltd Amer dep rets ord bear. £i 1,800 500 Amer dep rets ord reg British Celanese Ltd— M 600 £1 1 Am dep rets ord reg 10s 125 British Col Power class A..* Class B * 50 11,700 3,000 50 50 8,300 29.100 Brown Co 6% pref 6,600 25,700 100 Brown Fence & Wire com...1 Class A preferred 700 * 1 42,600 Brown Forman Distillery 1,900 Bruce (E L) Co _.......* 200 4,800 1,000 ♦ 200 Bruck Silk Mills Ltd T.Ioo 50 14,800 Buff Nlag Ac East Pow pref.25 $5 1st preferred 2,900 10 14,400 Bunker Hill At Sullivan * 1,500 Burco Inc common..... 3,500 Buckeye Pipe Line 4,700 850 5,650 100 $3 400 225 conv 2,400 2,100 19,900 2,400 2H-; 2H 25$ Sale 385* Sale 445* Sale "52"" Sale 13 Sale 145* Sale 25$ Sale 63 135* 46 12"" . 48 245* 24J* 1065* 1025* Sale 35* 45* 106 135* 95* 275* Sale 7 15 505* 515$ 255$ Sale 103 105 7 65* 75$ 1 15* ord sh £1 Am dep rets B ord sh £1 Am dep rets pref sh. £1 Calamba Sugar Estate Co.20 Camden Fire Ins Assn.. !• 1 v t c 15* Sale 1 8 63 155* Mar. 27 Mar. 27 85$ Mar. 275* Mar. Mar. 20 1 33 6 32 Jan. 18 Feb. 6 Feb. 17 Feb. 25 1 Mar. 6 55$ Sale 6 65* 56 Mar. 45* Mar. 65$ Mar. 15* Sale 15$ Mar. 8 16 Feb. 9 1 Mar. 1 Feb. 4 Jan, 16 Mar. 5 5 Jan. 26 Mar. 4 Feb. 23 255$ 1043* Mar. 4 Mar. 4 Jan. 51 Mar. 145 45* Mar. 2 Mar. 9 Jan. Mar. Jan. Mar. 11 55* Mar. 8 8 8 Mar. 4 4 Mar. 11 Mar. 11 38" Mar. Jan. 95* Mar. 305$ Mar. 12 Mar. 495$ 48 243* 245* 245$ Mar. Mar. 1025$ 1035$ 102 8 25 Mar. 31 Mar. 49 """5$ Sale" 5 7 Mar. 38x4 Mar. 93* Mar. 13 1215$ Mar. 134 Sale 122 Sale 45$ Mar. 45$ 45* 45$ 45* 45* 65$ 305$ Mar. 24 x305$ Mar, 32 Feb. 2 Mar. 95$ Mar. 515* Mar. 38 * Cable Elec Prod 1 25$ Mar. 37 "9% Sale" "95$ "~95* "9 ""6 25* preferred.......* Warrants 4,100 17,400 Burma Corp. Amer dep rets.. 3,800 Burry Biscuit Corp.... 12He 2,500 32 M 8 Mar. 20 Mar. Mar. Jan. 9 15* Jan. Jan. 5* Jan. 55* Feb. 9 15$ Mar. 4 15* Mar.* 1 1 15* Mar. 9 5* Mar. 31 55* Mar. 4 15* Mar. 5 5* Mar. 6 55* Mar. 23 1 19 9 13 8 8 18 Cables Ac Wireless— 2,400 14,900 1,600 4,900 H 46,900 ; 2,400 1,400 400 Am dep rets A 150 900 Canada Cement Co i ""*300 common 4>f 30 $ 3*8 25 5$ 55$ 29 15$ Sale 55$ 305$ * 29 Canadian Car Ac Fdy pref. .25 * 25 Canadian Dredge Ac Dock 2,250 675 35* 15$ /*# Sale 55* 55$ 315* 325* 15$ Sale 31 Mar. 11 32 Mar. 5 31 22 Jan. Feb. 1 175* Mar." 13 20 Mar." 4 17 Feb. 13 28 Mar. Mar. 12 28 45 Mar. 45 305* Mar. 9 45 Mar. 12 Mar. 11 65$ Mar. 25 775$ Mar. 18 75* Mar. 1 4 Canadian Hydro Elec Ltd— 1,300 6% preferred ....100 19,800 Can mdus Alcohol cl A_.._ * B non-voting .....* 1,400 1 237,800 Canadian Marconi Co 9,000 Capital City Products......* Carib Syndicate com 25c 165,100 350 2,700 40",700 2,700 52,500 500 Carman At Co 400 1,900 6,000 900 1,600 32,200 * A stk ...* Co common.....* 144,500 Carnegie Metals Co com 1 86,800 Rights........^........... 350 Carolina P At L $7 pref......* 170 250 20 22,300 7,000 3,100 12,300 conv Class B Carnation 735$ Sale 75* Sale 65* 65$ 15* Sale 14 165* 25$ Sale 235* 275* 65$ 75$ 325* Sale $6 preferred 50 V 200 200 153,800 41,800 63* 53* 2 17 65$ 65$ Sale 21 25* Sale 245* 28 65* 7 31 Sale 25* Sale .....* 100,400 Carrier Corp common......* 75,900 Carter (J W) Co common 1 16,050 Casco Products............* 18,400 Rights 1.000 Castle (A M) Ac Co 10 . 73 75* Sale 55$ 25* Sale 215$ Sale 25* Sale 235$ 275$ 6 65* 33 325$ 35* Sale 32 Sale 44 365$ Sale" 303* Sale 125* Sale 33 ; % Sale 10 New— Cataiin Corp of Amer 1 95* Sale 95* Sale 44 Sale "l]* Mar. 20 Mar. 27 25$ Mar. 24 Mar. 5 Mar. I§ 1 500 1,775 2,500 20 Cent 10 29,000 Cent Ohio 5,600 700 2,300 26,000 52,000 255,700 / 325 4,400 1,200 < 5,800 1,200 1,975 19.300 1,550 2,150 19,900 12,400 1,975 96,200 4,800 Charls Corp com * 25 Chicago Flexible Shaft Co..5 Chicago Rivet At Machine...* 1 New. Chief Consol Mining Co... Chllds Co preferred.. 100 Preferred BB • Cities Serv Pr At Lt Si pref..* $7 preferred. ..* 2,225 * 74,800 City Auto Stamping Co. 2,825 v'or footnotes see pake 53. Sale Sale 17 Sale 85 "id"" 875$ 35* Sale 15* Sale 43 195* 235* 195* 195* Sale" 885* Sale 45$ Sale 15* Sale 5 2 35* Mar. 1 305* Mar. 25$ Mar. % Feb. 8 93 Mar. 85 Mar. 465$ 125* 325$ 5$ 713* 393* 1054 Mar. 3 30 Jan. Mar. 2 105* Jan. Mar. 2 28 3* 713* 393* 85$ Mar. Mar. Mar. Mar. 17 18 91 93 35$ Sale 15$ Sale 445* 205* 44 46 215$ 225$ 20 25 205* 23 25 155* Sale 215* Sale 55$ Sale 155$ 16 18* Sale 365$ Sale 72 15$ 15* 78 Sale 45$ Sale 595* Sale 52* Sale 55 59 685$ 71 723* 79 13 Sale Sale 203* 225$ Sale 65$. Sale 135$ 1165* 113"" U2"" 113"" Il4~" "275* "285* 71 145* Sale Sale "17"" "Sale 2 Sale 90 Sale 43* Sale Sale 45* 5 465* 49 72 Sale 753* Sale 135$ Sale 515* 110 Mar. 13 Mar. 995$ Mar. 165$ 15$ Sale 113 15 Mar. 1 Mar. 5 Mar. 12 Mar. 3 Mar. 1 Mar. 17 1055$ Mar. 19 48 Mar. 57 Mar. 17 165* 925* 175* 883* Mar. Mar. Mar. Mar. 17 Mar. 925* Mar., 4 215* Mar.1 3 915$ Mar. 25 5 1 85 Jan. 225$ Mar. 4 195$ Mar. 24 20 24 Mar. 3 20 Mar. 10 Mar. 8 19 Mar. 31 55$ Mar. 15 Mar. Mar. Mar. 7 Mar. 30 114 66 Mar. Mar. 765* Mar. 365$ Mar. 16 Mar. 173* Mar. 2 15* Mar. 865* Mar. 92 5 54 44 Sale 42 Mar. 27 46 72 Sale 69 Mar. 22 755$ Sale 125$ Sale 72 Mar. 22 723* Mar. 763* Mar. 145* Mar. 123*^Mar. 31 5 Mar. 31 55$ Jan. Mar. 17 Mar. 2 Mar. 16 4 3 5 25 20 Mar. 5 6 3 Mar. 17 57 Mar. 17 19 96 Jan. 2 65$ 25* 515* 275$ 333* 265* 7 8 Feb. Jan. 22 Jan. Jan. Jan. Jan Jan. 14 825* 1155$ 765* Jan. Jan. Jan. Jan. 38 14 14 14 13 Mar. 30 Jan. Mar. 22 Mar. 24 Mar. 23 5 Feb. 23 Feb. 173* Mar. 17 Mar. 15$ Jan. 76 H'v Mar. 17 4! Mar. 11 475* Mar. 11 45* Mar. 10 2 16 Mar. Mar. Sale 5 2 15* Jan. 713* 1105* 525* 275$ Mar. 34 35$ Jan. 13 155* Mar. 825* Mar. Feb. 102 5* Jan. 973* Jan. Jan. 16 13 915$ Feb. 25 195$ Mar. 24 13 82 112 Jan. Feb. 22 5* Feb. Feb. Jan. 39 23 8 23 8 15 20 15 3 19 9 Feb. 1055$ Mar. 19 6 • 25 1135$ Feb. 25 Jan. Jan. Jan. Jan. Mar. Mar. Mar. Mar. 10 Mar. 31 Jan. 16 25 395$ Mar. 12 105$ Jan. 22 2 Mar. 31 1 145* Feb. 10 5 385* Feb. Feb. 17 Feb. 16 72 44 39 1 4 Mar. 12 25* Jan. 465$ 5$ Feb. 17 Mar. •a Feb. 393* Mar. 85$ Jan. 1083* 103* 933* 395* 165* 925* 45 i Mar. 54 20 315$ Feb. £y» 23 Mar. Mar. 35$ Mar. 23 15* Mar. 1 505$ 45$ 45* Sale Mar. 65$ Mar. 325* Mar. Mar. 10 40 16 5 6 6 93 37 145* Mar. Mar. Mar. Sale 24 5 5* Jan. 21 55$ Feb. 8 325$ Feb. 19 225* Jan. 18 825* Jan. 85* Jan. 75* Jan. Jan. 3 Mar. 4 25* Jan. 85 28 12 15 100 385$ Mar. 105* Mar. 113 1 Mar. Sale 39 — . 270 "185$ 55* Sale 10 1,372,900 Cities Service common......* Preferred................* 50,800 Preferred B 3,700 130 800 __50c 900 Cherry-Burrell Corp com Chesebrough Mfg 250 1,000 12,500 ... 1,175 1,875 71,200 Centrifugal Pipe Corp..... 48,300 399,300 16,700 1,700 1 100 Conv preferred 100 Conv pref opt ser 1929..100 • 450 700 Steel Prod Cent Pow Ac Lt 7% pref Cent At Southwest Util— Common. "l75$ Sale" 100 50 2 Mar. 25* Mar. 18 93 105* Sale pref..100 1 224,900 Central States Elec com 3,625 7% preferred 100 13,825 6% pref without warr..100 2,700 225 Maine Pow 7% Sale 135* Sale 113 "105$ Sale" Mar." 73 Mar. 65$ Feb. 55$ Feb. 15$ Jan. Mar. Celanese Corp of Amer— 5,725 7% 1st partlc pref ...100 ...15 8,800 Celluloid Corp com 1st preferred 1,310 ♦ $7 dlv preferred * 3,000 * 7,700 Cent Hudson G At E com 3,200 2,800 2 ?* 22 14 Mar. 12 25 305* Mar. 25 25$ Mar. 23 32 85$ Sale 7 2 mi 92 Jan. Feb. Mar. 11 5 4 Mar. 11 475* Mar. 11 45$ Feb. 26 60 42 58 Jan. 76 Feb. 4 795$ Feb. 10 Mar. 27 663* Jan. 72 12 Mar. 22 125$ Mar. 31 Jan. 16 8 55$ Jan. 8 55$ Jan. 6 NEW April, 1937] EXCHANGE CURB PRICES IN MARCH SALES AGGREGATE March Jan. 1 Shares Shares _ Jan. 2 CURB EXCHANGE Since | 1937 Par STOCKS (Continued) 1,100 310.300 2,500 6,350 28,400 3.100 27,350 City & Suburban Homes...10 1 Claude Neon Lights com Clayton Ac Lambert Mfg Co..* Cleveland Elec Ilium com...* ' Cleveland Tractor com.....* ..100 Cllnchfleld Coal com Club Aluminum Utensil com * March 1 March Bid — - 3 934 4034 1034 754 1% * 1,600 Cohn & Rosenberger com 458,600 Colon Development Co Ltd.. 14,900 5% income stock A £1 50,400 j6% convertible preferred£l 1 74,800 Colorado Fuel Ac Iron warr 36,600 Colt's Patent Fire Arms MfgJfi Columbia Gas Ac Elec Corp— 36,875 5% Conv preferred.....100 1 416,300 Columbia Oil Ac Gas com 200 Columbia Pictures 17,200 Sale Sale 4234 Sale Sale Sale 18 Commonwealth Edison 100 ... 4,300 Compo Shoe Machinery.... 1 V t c ext to 1946 5,500 195,800 Consolidated Aircraft com..I 1 21,600 Consolidated Biscuit Co 100 Consol Cigar Corp warrants. 581,100 Consol Copper Mines.. 5 25,300 Con Gas E L Ac P Bait com..* 10 5% preferred A ......100 . ....... 200 Consol Gas Util Mar. 17 23 10 19 13 6 4 2 4% Sale 1934 Sale 7254 Sale 8% Mar. 29 634 Mar. 18 434 Mar. 1 4 Mar. 3 1834 Mar. 22 58 Mar. 18 854 Sale 7934 Mar. 27 8% Mar. 22 7% Sale 121% Commonwealth Ac Sou Corp— 7,300 434 Mar. 254 Mar. 834 Mar. 4134 Mar. 10% Mar. 4%Mar. 154 Mar. 34 1% 1% Mar. 13 Mar. 2 Mar. 31 Mar. 9 Mar. 5 Mar. 31 Mar. 16 4% % 8% 41% Jan. 4 Jan 6 Mar. 19 10 Jan. 4 Feb. 22 Mar. 16 834 754 4% 4% 2234 Mar. h 3 Mar. 1 Mar. 25 Mar. 31 Mar. 3 4 34 Mar. 1 154 Mar. 19 48 Mar. 11 154 Mar. 1554 15% 2454 7% Warrants 8% 3% 4% 3% 9 Jan. 9 18 Mar.-29 Jan. 4 Jan. 14 Jan. 4 18 Jan. 14 56 Jan. 6 48 Mar. Jan. Mar. Jan. Jan. Mar. Jan. Jan. 73% Mar. 114% Feb. Mar. 1 Mar. 31 1 6 Mar. 11 26% 1% 15% 15% 22% 7% % 7% 1 Mar. 30 Mar. 22 4% 3% 10% 48% Feb. 13 22 Mar. Mar. 2 Jan. 25 Jan. 12 12% Jan. 18 7% Mar. 31 2% Mar. 16 9% Feb. 8% Feb. 4% Jan. 4% Feb. 22 5 30 14 5 7354 Mar. 29 .... 4 4 8 6 8 24% Feb. 11 73% Mar. 31 Jan. 14 Jan. 8 Jan. 20 Jan. % Jan. 18 8 2% Jan. 25 64 Jan. 14 34 2Vs 17% 17% 33% 11 Jan. Mar. Feb. Jan. Mar. Jan. Jan. Mar. Jan. Feb. Mar. Mar. 14 2 17 23 10 22 8 31 8 8 12 15 31 8 '% 25 11% 29 89% 8 114 £4 3 Mar. 9 4% 1% Mar. 25 2% "1134 Sale" ~~8%~Mar."22 7534 Sale 13 1% Feb. 17 % Mar. 1% Jan. 1 com Jan. 79 Feb. 27 104% 7% Feb. 11 10 % 35% Jan. 11 39 117 Mar. 23 139 2634 Mar. 22 154 Sale 15% 1634 .1554 1634 30% Sale 7% Sale Highest Sale Prices 454 334 934 4534 1154 754 254 Sale" 117"" Mar."23 Sale Lowest Sale Prices Highest Sale Prices' Sale Prices com new.. Warrants 252,700 7,000 Commonwealths Distribut-.l 2,275 Community P Ac L 1st pref..* Community Public Service— Stk tr ctfs for com 25 3,650 17,300 Community Water Serv .....1 • Lowest 31 Ask 500 Cockshutt Plow Co Ltd....* v RANGE SINCE JAN. 1 Price NEW YOEK In TORE # 12,353 Consol 25,700 1,100 5,100 542,700 1,150 22,600 86,100 425 11,400 20 75 Min Ac Smelt Ltd....5 8% Jan. Cons Retail Stores Inc com.5 113 8% preferred ......100 Consol Royalty Oil 10 6 _ 95 1% 17% 11% ,17 % 6134 2634 Continental Oil of Mexico..) Cont Roll Ac Steel Fdy com..* Continental Secur common.* * $4 preferred Feb. 2% Jan. Consol Steel Corp common. * Cont'l G Ac B 7% pr pref...100 Cook Paint Ac Varnish Co Jan. * 48,200 Cooper Bessemer Corp com.. * 26 100 14 7 Jan. Jan. Jan. Mar. Mar. Mar. 13 6 8 24 11 29 57 Mar. 18 39 Mar. 20 2 1234 Jan. 4% Mar. 22 634 Jan. 6 22,100 Corroon Ac Reynolds.... ...1 $6 Conv pref A 3,200 • 228,500 Cosden Oil Co com .....1 Preferred 30,000 100 2% 26% 15 21% 6134 35 6454 5234 18% 5% 7% Jan. Jan. Feb. Jan. Mar. Feb. Jan. Jan. Jan. Jan. Jan. Mar Jan. Mar. 22 22 10 23 11 10 7 7 12 12 18 16 2 1 10 94 54 234 Mar. 22 2834 Feb. 5 4% 39% 1234 Mar. 13 14% Jan. 14 l%Feb. 38 Jan. 20 Jan. 134 Mar. 12 Feb. 2% Jan. 16 Feb. 5 Jan. 25 Feb. 2% Jan. 15 Jan. 5034 Feb. 10834 Feb. 1634 Feb. % Feb. 3 25 22 8 25 12 20 Feb. 86 ..... ......... 3% Jan. 25 2 17 % Mar. 16 Max. 30 102% Jan. 18 ....._* S3 preferred A 9 19 Mar. 27 Feb. $3 prior preferred 3,800 .....* 22,800 Copper Range Go..........* 117,600 Cord Corp ........f 700 Mar. 10% Jan. 8 135 Courtaulds Ltd Am dep rets for ord stk reo 1,900 Cramp (Wm) Ac Sons Ship & 4,700 Engine Bldg Corp 100 104,800 Creole Petroleum com 6 111,600 Crocker Wheeler Elec Mfg..* 418,400 Croft (The) Brewing Co 1 600 Crowley MUner At Co com * 189,500 Crown Cent Petrol Corp 1 9,300 Crown Cork Internet cl A. • 87,200 Crown Drug common 25c 134 2834 1434 % .... 700 Preferred.. 22% Mar. 11 134 Mar. 27 11% Mar. 3 • 47 * . 3,950 %« Feb. 15 .....* Jan. 1934 Jan. 2934 Mar. .._..* Class A.. 2 15% Mar. 30 5 2,000 Davenoort Hosiery 58,900 Dayton Rubber Mfg Mar. 12 10634 Jan. 6 1334 Mar. 30 100 1,000 Curtis Mfg Co (Mo).........5 1,491,000 Cusl Mexicans Mining 50c 43,900 Darby Petrol Corp.. 4 15 Mar. 31 4 * _........ 6%% preferred...... Jan. 1254 Jan. 2 ..........25 5,200 Crystal Oil Ref Corp com 2,500 Cuban Tobacco com v t c 2,300 Cuneo Press com 600 10 Jan. 9 Mar. 29 Jan. 2 Jan. 4 Jan. 7 35 18 2 3 11 3 9 9 18 6 11 26 18% Feb. 16 1534 Jan. 21 2834 Mar. 31 32 Jan. 9 De Havlland Aircraft Ltd— 100 , Amer dep rets ord reg £1 9,900 Dejays Stores Inc common..1 1,350 Dennlson Mfg 7% pref....100 50,800 Derby Oil At Ref com.......* 1,150 $4 cum preferred.........* 8,100 Detroit Gasket At Mfg Co...l 6,900 6% preferred w w ....20 27,500 Detroit Gray Iron Fdry com.5 14 17 53 3.800 Distilled Liquors Corp.....5 Mar. 20 Mar. 2 14 14 16 Feb. Jan. 6934 534 7634 15 34 Jan. Jan. Jan. Jan. 73 7% 88 19 Jan. 16 Jan. 11 Jan. 14 Feb. 3 18% 16% 9% 9% 17 Mar. 20 Mar. 1 Mar. 20 Mar. 4 Mar. 1 62% Mar. 2 27 Mar. 5 10 f Mar. 8 4 27% Mar. 25 26 Mar. 1 8 28% Mar. 16% Mar. 14% Mar. 15 Detroit Steel Products.....* 435 Diamond Shoe Corp com :* 26,150 16 72% Mar. 12 6% Mar.25 ~l6%~Mar."l7 "l7%Mar.""3 7 28,200 1 6% Mar. 13 Detroit Mich Stove Co... 1 Detroit Paper Products..... 1 11,700 Mar. 24 69% Mar. Feb. 17 Mar. 24 14 Mar. 25 7%. Mar. 22 Mar. 22 26% Mar. 3 9% Mar. 22 1334 Jan. 7 28 6 7 13 5 17 13 Feb. 4 1754 Feb. 11 20 Mar. 25 11 7% Mar. 22 52% Jan. 6 64 2534 Feb. 5 934 Mar. 22 29 Jan. 1034 Jan. Feb. 2 1034 Jan. 16 19 Feb. 5 8 Distillers Co Ltd— 2,900 Am dep rets ord reg 45,600 Dominion ..£1 Steel At Coal B..25 100 Dominion Tar Ac Chem Co..* 110 634% preferred. ....100 Douglas i L) (W Shoe Driver Harris Co common..10 80 7% preferred...........100 89,800 Dublller Cond Corp com 1 100 1,700 Ouke Power Co 900 Durham Hosiery cl B com...* 17,000 Duro-Test Corp common 1 41,300 Duval Texas Sulphur * _______ 289,100 Eagle Plcher Lead Co 79,500 18,900 5,125 1,150 37,100 2,300 4,000 36,000 3,650 2,100 54,100 1,921,400 37,000 15,200 6,700 20,700 4,410 8,500 31,500 3,150 . 6,550 tiastern 10 Gas Ac Fuel Assoc..* 6% preferred .....100 434% prior preferred 100 Eastern Malleable Iron Co.25 19% Mar. 16% Mar. Mar. 110 8 4 29% Jan. 20 12 Jan. 4 2834 Mar. 8 1634 Mar. 8 1634 Mar. 8 108 Jan. 11 11034.Mar. 8 8 110% Mar. 8 8 35% Mar. 4 30 Jan. Mar. 11 135 Jan. 82 Feb. 24 6 30 Jan. 6 Mar. 16 107 Mar. 6 11034 Feb. 35% Mar. 10 144 Mar. 29 152 82% Mar. 25 33% Mar. 25 107 4 70 Mar. Mar. 6 109 9 9 4% Mar. 1 Mar. 17 76% Mar. 1% Mar. 7% Mar. 2 9 1 9%-Mar. 1% Mar. 18 x7 87 Mar. 38% Mar, Mar. 9 8% Mar. 6 3% Jan. 70 Jan. 1% Feb. x7 Mar. 23 14 7 1 9 8 654 Jan. 4 22% Mar. 22 6% Mar. 27 27 8 Mar. 11 Mar. 3 20% Jan. 654 Jan. 4 46 Mar. 29 Mar. 10 46 67 Mar. 20 54 74 Mar. 10 67 6 Mar. 29 Mar. 20 25% Mar. 4% Mar. 1 1 2334 Mar. 24 434 Mar. 23 17 preferred series A......* 65 Mar. 16 73 5 65 $6 preferred series B 65 Mar. 16 68% Mar. 24 12% Mar. 17 65 Corp • com ' 10% Mar. 27 Mar. Mar. 16 Mar. 16 Economy Groc Stores com..* 18 Mar. 16 20 Mar. 5 10% Mar. 27 18. Mar. 16 Edison Bros Stores new....2 22 Mar. 27 Mar. 23 24 Mar. 8 22 Easy Washing Mach class B.* Eisler Electric com........ Electric Bond At Share ) 5 |6 preferred 3 20% Mar. 30 79% Mar. 29 Mar. 31 Mar. 18 $5 preferred..... ._...* Electric Power Associates...! Class A ..1 72 7 Electric Pow Ac Lt 2d pf A...* 66 Mar. 10 Mar. 13 Mar. 30 Option warrants Electric Shareholdings com. 1 16 Conv pref with warr Electric Shovel Coal Co— * $4 participating pref.....* Rwnlro T>l*< For footnotes see page 53. F.lpr (. <t. orf f 100 6% Mar. 19 5 4 92% Mar. 30 15 Mar. 23 13% Mar. 17 5 Mar. 29 37% Mar. 22 52 Mar. 3 3 3% Mar. 9 26% Mar. 10 2054 85 Mar. 1 x79 77 Mar. 2 7134 9 Mar. 2 7 8% Mar. 4 6% 66 71% Mar. 10 10 11% Mar. 19 5 5% Mar. 5 94% Mar,. 4 9234 20% Mar. 16 Mar, 1 4 5% Mar. 29 40% Mar. 3 52 Mar. 3 15 11 23 10 6% Feb. 11 79 Feb. 5 1% Mar. 9 7% Mar. 1 10% Jan. 13 27% Feb. 23 1034 Jan. 19 71 Jan. 18 80 Jan. 2634 634 82 34 8234 1334 23 Feb. 25 Jan. 5 Jan. 15 Jan. 18 Jan. 18 Jan. 11 18 24 Mar. Mar. 23 4 34 2834 8734 80 1134 954 Jan. Jan. Jan. Feb. 21 13 Jan. Jan. 13 13 80 Jan. 7 Jan. 7% Jan. 9854 Jan. 12 Mar. 30 Jan. 5 Jan. 4 Mar. 18 Mar. 19 Feb. 9 Mar. 13 Mar. 30 Mar. 30 Jan. 27 1354 Mar. 17 5 4234 Jan. Mar. 27 Mar. 29 3734 Mar. 22 52 3934 Feb. 10 21 5 15934 Jan. 96 Jan. 23% Mar. 24 4% Mar. 23 Eastern States 5,500 Electrographic Corp com 1 1 1,900 Electrol Inc v t c 2,450 Elgin National Watch Co..15 250 Mar. Co— 475 7% preferred...........100 • 10,500 Dow Chemical Co com 700 Draper Corp • 9,600 26 Mar. 3 14 8 28 10 14 22 22% 1754 534 4034 Feb. 6 Feb. 10 Mar. 29 Mar. 3 60 Jan. 19 NEW 44 In Since Jan. 1 Shares Shares Price Jan. 2 Par Bid 71 100 8% preferred.. 100 6% preferred...... .100 750 6%% preferred 100 2,000 Empire Pow Corp part stk..» 16,600 Erasco Derrick & Equip Co.5 1 0,500 319,900 Equity Corp 138,000 *17% "l8% Sale 46% 48% 43,100 Option warrant*.......—.* 431 500 RtansWallower Lead : . . 20 33,900 Fairchlld Aviation com.....l 1—-—1 40,500 Falstaff Brewin g 12,150 Fanny Farmer Candy com—1 7 8 169,100 19 76 79 17% 17 % 17% /: Sale 3 40 35 45 V % Sale 2% Sale 38 37 X Sale 25 X Sale 75 78 69 71 30 Mar. Mar. Mar. Mar. Mar. 80 72% Jan. % Mar. 23% Mar. 22 6% Sale 6% Mar. 23 9% Mar. 1 66 Sale Prices 77 81 4 27 Jan. 74 Feb. 31% Feb. 19% Mar. 2% Jan. 47% Feb. 5 Jan. 4 16% Mar. 30 2% Jan. 2 37 Mar. 29 30 14 Jan. V 1 % Jan. 21% Jan. 3% Mar. 11 6 9 5 ; 18% Jan. Mar. 4 Feb. 19 72% Feb. 13 67% Jan. 45% Mar. 11 27% Mar. 10 Mar. 22 25% Sale Highest 77 % Mar. 18 2% Mar. 29 35 Sale Lowest Sale Prices 68 Jan. 4 Mar, 4 Mar. 1 72% Mar. 10 73% Mar. 6 81 Mar. 1 19% Mar. 11 2% Mar. 9 43% Mar. 9 19 22 22 17 12 16% Mar. 30 2% Mar. 1 37 Mar. 29 Sale 2% Sale Sale X Sale 22 Sale Highest Sale Prices 79% 69% Sale 71 72 31 Sale 43 gSale 7% preferred...........100 Ex-Cell-O Aircraft A Tool.. 3 23,650 ; y: Lowest Sale Prices 76 Sale 80 Sale 70 X Sale 72 743* 31 Sale 2% 2% common..... 10c 500 Eureka Pipe Line.......... 50 European Elec Co of Can— 200 73 31 Ask Sale March Ask Bid Bid Ask . 75% Sale 69 % Sale 70 74 3,350 3,675 950 March 1 1937 STOCKS (Continued) 11,200 Empire G 8c F 7% pref 4,100 1,700 I,275 RANGE SINCE JAN. 1 PRICES IN MARCH NEW YORK CURB EXCHANGE March 8,900 128,800 5,950 36,800 ; EXCHANGE CURB SALES AGGREGATE 100 YORK 13 16 11 28 9 1% Feb. 4 3 % Feb. 23 45% Mar. 11 27% Mar. 10 ' 7,100 ; 12,600 4,050 1,600 11,500 Fsnsteel Metallurgical Corp* : \i 13,300 FED Corp...— * 900 600 1,700 5,400 9,450 • Sale 10 23% 12% 13% "§2% Sale Sale 23 X 16m 500 Flat Amer dep rct«.. 10% Sale 22% Sale 14% 15% % Sale Sale Sale % Sale 31X Sale mmmwrn • • ■i ; 8 4,100 Fodders Mfg Co common —* "31 % NeW 5 1,700 1 39,400 Ferro Enamel Corp com 38% 9,450 Rights 300 ; 22% Sale "15% Sale" "40"" "44% Sale" .... 1 "~~X "'"% 177,500 Fidelio Brewery 1,020 Fire Assoc of Phlla.....—10 820 First Nat Stores 7% 1st pf.100 112 113% 230,500 Flak Rubber Corp common..1 11% Sale 100,000 i Preferred..............100 6,380 1,425 3,300 wvV i 13,050 Florida Power 8c Lt S7 pref..* 182,100 Ford Motor of Canada cl A..* "22% Sale" 37,500 Class B ...-..* 150 2,720 23% 25K 86.400 470 250 • Sale 37 4 24 Mar. 5 14% Mar. 25 % Mar. 6 16% Mar. % Mar. 1 1 30% Mar. 15 31% Mar. 1 15% Mar. 20 46% Mar. 2 22% Mar. 23 15 Mar. 22 36% Mar. 24 3% Sale 17% 18% % Sale "l7% "i§"* 8% Mar. 11% Mar. 3 18 3 Mar. 20 Mar. 8 4 Mar. 19 Mar. 8 18 Jan. Feb. 12% Jan. 8 2 22 3 4 % Feb. 9 30% Mar. 15 Mar. 22 15 36% Mar. 24 Mar. 19 Mar. 8 3 18 % Mar. 1% Mar. 1 % Mar. 2 73% Mar. 73% Mar. 24 79% Mar. 10 113"" 114" 112% Sale 112% Mar. 12 114% Mar. 3 112% Mar. 10% Jan. 18% Sale 14% Mar. 1 18% Mar. 17 14% Sale 85 Mar. 29 92 Mar. 8 72% Jan. 87 Sale Mar. 2 48% Mar. "48% Sale" 48% Mar. 19 59 22% Jan. 24% Mar. 15 27% Mar. 1 26% Sale *27% Sale Mar. 18 29% Mar. 16 28 25% Jan. 29% 28 28% 30 1>| Sale 74 8% Feb, 6% Jan. 16 Sale . 2 24 12 14 8 19 2 5 2 11 % Mar. 3 24 Feb. 20 17 % Feb. 20 % Feb. 4 33% Jan. 21 15% Mar. 20 6 4 Mar. 20 18% Feb. 24 1% Jan. 20 82% Jan. 12 114% Mar. 3 18% Mar. 17 92 Mar. 65 Feb. 29% Feb. 11 47% Feb. 31% Jan. 23 Ford Motor Co, Ltd, 43,900 16,300 2,000 1,100 3,600 Amer dep rcts..Ord reft ftl Ford of France Am dep rets. 6,000 3,800 Fox (Peter) Brewing Co....5 16,400 Franklin Rayon Corp com..l 7% 2% 10 Sale 2K 10 x 9% 7% Sale 7% 8 9% 10 12 10 Sale 7% Sale 7% Mar. 11 ; 8 Mar. '5 5 Mar. 6 10% Mar. 4 "ll% Sale" 9% Mar. 20 10% Mar. 17 12 1 13% Sale 18% 18% 12% Mar. 6 18% Mar. 16 13% Mar. 11 94 Sale 4% Sale 94 21 20 21% Mar. 22 19% Mar. 22 4% : 4% 4 Mar. 25 Mar. 7% Jan. 28 2% Jan. 7 9% Mar. 20 8% Jan. 27 8% Feb. 4 5% Jan. 22 10% Feb. 5 14% Feb. 10 Froedtert Grain & Malting 1 7,700 19,700 7,350 1,900 Common.................1 Conv .......—15 pref "Im'llx 100 Gamewell Co $6 conv pref.—* 119,400 General Alloys Co .......* 30 22,200 "3% ""4% Sale" Mar. 31 4% Mar. 23 Mar. 29 19 : Mar. 5 5% Mar. 2 21% Mar. 6 Mar. 2 98 12% Feb. 2 17% Feb. 17 14% Jan, 8 19 Jan. 7 75 3 98 Mar. Jan. 16 Jan*}, 8 , 5 0% Feb. 3 Feb. 11 General Elec Co of Great Brit 4,700 38,900 2,300 13,700 : American dep receipts £1 Gen Fireprooflnft com.....* Gen Gas & Elec— 750 100 vl':V $6 conv pref ser B—.....* 170,900 Gen Investment Co com—.1 78,600 200 V; $6 Preferred........-.-..* 1,100 325 570 940 General Pub Serv 56 pref...* 3,100 15,400 General Rayon A stock....* 28,300 General Telephone Corp...20 83 conv preferred.........* 3,200 150,100 Gen Tire 8c Rubber com...25 1,080 6% preferred A. ....100 3,300 Georgia Power 86 pre * 22,435 Gilbert (A Q Co com.......* ProfprrpH ^ 2,070 II,400 1,600 57,500 480 1,575 5,735 130 100 Gladding McBean & Co 1,550 5,000 80 57,400 1,600 150 23% 19 K 20% .••.MM MMMMM ......* 70,300 Glen Alden Coal Co 14,250 Godchaus Sugars class A...* Class B * 50,210 440 57 preferred..............* ,VV 1 266,900 Goldfleld Consol Mines 10,300 Gorham Inc class Acorn....* 83 preferred.. ....* I,150 21% 22% 21% Sale 21% 21 "1% Sale" ""1% Sale" ~83 ~ 166"" Warrants.. 26,700 1,425 Gen Outdoor Adv 6% pref. 10ft 4,900 18",700 23 s32 K Sale BOX 52X 19% Sale X Sale "88>i Sale" "i'x "~1X 21% 22% 92 105 90 2% Sale 21X Sale 97% s32 "~2% Sale 19% Sale 48% 50 37% Sale "28" Bale* Sale Sale 105 82% Sale 85% Sale 13% 14 11% 12 43 43 44% 40 105 X i*'m 43% Sale 29 ........ Mar. 16 Mar. 1 Mar. 5 Mar. 8 62% Mar. 16 1% Mar. 8 98% Mar. 5 532 Mar. 1 91 Mar. 23 95% Mar. 8 88% Mar. 1 100% Mar. 8 2 Mar. 29 2% Mar. 1 18% Mar. 22 21% Mar. 9 62 1% 98% % 49 Mar. 16 27% Mar. 105 1 51 82% Mar. 31 11% Mar. 19 43 Mar. 25 Mar. 3 38% Mar. 18 Mar. 13 .107 * 88 15 Mar. 11 Mar. 10 Mar. 5 43% Mar. 5 21% Mar. 22 19% Jan. 28 Jan. 1% Feb. 56 83 Jan. % Jan. 91 Mar. 82% Jan. 1% Jan. 18% Mar. 49 Mar. 18% Jan. Jan. 82% Mar. 8% Jan. 40% Jan. 100 28 "13% "II"" "13 X Sale^ "12% Sale 4034 22 51 Sale 37% Sale 32% ~~5% '~5X % Sale 6 st" 33% Sale Sale Sale 100 """% Sale 35 Sale 38 "12" Mar."l7 13% Mar .""2 43 30 100 61 Mar. 1 Mar. 29 Mar. 2? 37% Mar. 1 Mar. 31 105 Mar. 16 4 04% 6 1% 23 100 2 % 23 96% 7 100% 4 3% 22 22% 16 51% 5 38% 7 107 31 95% 20 16 7 45% , Feb. 4 Mar. 17 12 41% Jan. 28 Jan. 6 22 Mar. 31 100 23 23% Feb. 13 % Mar. 1 5% Mar. 3 37% Mar. 22 % Mar. 1 6% Mar. 10 37% Mar. 4 % Jan, 6 5% Feb. 18 33% Jan. 2 21% Mar. 25 2% Mar. 12 26 Mar. 1 3% Mar. 17% Mar. 20% Mar. 2 21% Mar. 25 2% Mar. 12 12% Jan. 2 Jan. 29 Mar. 8 Feb. 23 Jan. 18 Jan. 8 Feb. 8 Feb. 16 Feb. 19 Jan. 0 Mar. 18 Feb. 25 Jan. 6 Feb. 28 15 51 18 Feb. 2 Feb. Jan. 12 4 Feb. 26 39% Feb. 19 107 Feb. 5 % Feb. 25 7% Jan. 15 37% Feb. 25 Gorham Mfg Co— . 2,800 45,200 3,500 5,500 V t c agreement extended.* 11,700 285,200 Grand National Films Inc..l 22,925 Grand Rapids Varnish Corp * 20,300 Gray Tel Pay Station com.. 10 475 775 Gt Atl 8c Pac Tea 1st pref. 100 4,760 Non-voting common stock * 7,550 Great Northern Paper Co..25 ! 1,600 2,650 22,700 75,700 Greenfield Tap 8c Die com 26% Sale 3 % Sale 13 X Sale 20 20X 20 38% 0% Sale • 42% 3 16 17 Sale lllX Sale" 111% Sale" 37% 24% Sale 25% Sale 3% Sale Sale Sale Sale 15% Mar. 25 16 Mar. 22 2 1 123% Mar. 27 126 169"" Sale" 105% Mar. 19 113 44% Sale Sale 40 Mar. 12 14% Sale 12% Mar. X Sale 57% Sale 5% Sale % % 58% Sale 4% Mar. 23 % Mar. 12 53% Mar. 22 92 Mar. 18 "13" "17% 16" "17% 12% Sale 2 Mar. 8 Mar. 5 44% Mar. 31 15% Mar. 18 Mar. 22 16 27% Jan. 4% Jan. 18% Jan. 22% Jan. 123% Mar. 27 128 105% Mar. 19 117% 38 Jan. 6 44% 8% Jan. 6 15% 4 20 28 5 Feb. 5 Jan. Feb. 14 1 Mar. 18 Grocery Stores Prod— 21,700 16,100 175,100 7,700 2,400 43,400 """loo 38,000 5,800 Hall (C M) Co W ~14% Lamp Co........* V ' 25,800 Hartman Tobacco common. 10 1 34,800 Harvard Brewing Co 17,000 Hat Corp of Am cl B com 1 ; 9,800 Haseltlne Corp.... .*, 16,800 Hearn Dept Stores common.5 2,700 6% preferred 50 25c 311,900 Heels Mining Co 5,300 Helena Rubensteln Inc new. * Class A..-. ...» 2,500 : .1,500 Heller (W E) 8c Co common. .2 3,800 7% cum pref w w........25 4,000 Heyden Chemical Co...... 10 .. 5,300 2,500 200 350 1,600 6% 5% 5 24% 23 Handley Page Ltd— Am dep rets part pref....8s 400 400 Hartford Electric Light 25 '""loo 5% Sale Sale X Sale 58% Sale 4% Guardian Investors common 1 3,400 Haloid 1500 15,800 14,200 3,200 1,700 13,400 2,400 143,900 25c common Gulf Oil Corp.. .......25 125 Gulf States Utll 56 pref.....* 225 85.50 preferred..... ...* 300 Gypsum Lime 8c Alabastlne.* 50 v.: New M"6m 21 5% Mar. 23 20% Mar, 2% Sale 2% Sale 1% 2 3% Sale "19% Sale" 16% Sale 50 51% 21% Sale 7 Sale 10% Sale 8% 9% 2 16% 16% 16% Sale 50% Sale 2% 13 16 15% 50 21% Sale 19 7% 10% Sale 10% 7 10 8 7 23 13 "I6"!;"i6% "10% "a*" 19 7 Sale "39% "42"" "41% ~42~" '41% Sale" 9 Mar. 4 Mar. 22 17,600 5 42,100 Holltnger Consol GM 13,100 Holophane Co Inc common.* 400 100 700 Holt (H) & Co class A 150 Horder's Inc..... 150 Hormel (Geo A) & Co """156 850 60 . 67,600 23,100 1,200 1,000 T 4,675 ; , 500 3,820 » """ioc 1,850 1,900 27,700 4,450 23,350 1,450 80,000 4,20C 8,100 25 i 500 31,500 900 3,400 70C 250 120 : 50 14,400 5 75 20 k Sale 26% 10% 10 8X . 25% 8% 26% 10 I com..... 7% preferred stamped.. 100 7% pref unstamped....100 Hydro-Elec Secur com.. ._.".* Hygrade Food Prod.. 5 Hygrade Sylvanla Corp .* Illinois P A L 86 pref.. "32X Sale" Sale 78 Sale n Mar. 6% Sale 20 30 "5% Sale" 10% 4% 49% 69% Sale 53 • 21 9 11 25% Mar. 11 42 Mar. 22 Mar. 15 9 dep rets ord reg Sale 11% Sale Sale 63% Sale 1 27 4 Mar. Mar. 15 21 " Sale m m 44 44x 1. 12% Mar. 4 4% Mar. 30 48 Mar. 2( 58% Mar. 24 Mar. 22 60% Mar. 15 "23% Sale" "22% Sale" 23% 14% 37% 30 ..10 390 i Indiana Serv Corp 6% pfd 100 7% preferred............100 35,700 i 300 Ind'polls P & L 6H% pf —100 22% Mar .10 40%'Mar. 1 Mar. 6 Mar. 3 Mar. 10 Mar. 4 Mar. 30 Mar. 10 Vi2%Mai"."4 5% Mar. 2 53% Mar. 6 72% Mar. 2 72% Mar. 2 60% Mar. 15 9 19 Feb. 11 18% Feb. 15 5 52 8 25% Mar. 11 17% Feb. Jan, 23 9 12 C 2 13 60 28 29 18 28 10 7 25 Feb. 23 Feb. 9 Mar, 4 Feb. 6 2 9% Jan. 7 4% Mar. 30 45% Jan. 22 2 Jan. 27% Feb. 24 Jan, Jan. Jan. Jan. Jan. Feb. Jan. Mar. Jan. 23 26 54 23 Mar. 22 42 . Jan. Feb. 42% Feb. 4 15% 4 33% 20 11% 12 19% 15 22% 22 41% 29 112 10 42 4 87 1% Jan. 17% Jan. 52 Feb. Mar. 1 8 Mar. 24 Mar. 4 *10% Mar. 18 Mar. 30 10% Jan. 0 Mar. 25 28% Jan. 11 36 Jan. 13% Jan. 19 Jan, 8% Jan. 18% Jan. 21% Jan. 38% Jan. 107% Mar. 32% Feb. 77% Jan. 17 17% Feb. 23 2 Feb. 20 Feb. 20 5% Jan. 53% Mar. 21 0 4 73% Feb. 17 4 72% Mar. 2 62% Jan. 30 1^ v> £1 . 44C i Indiana Pipe Line 6 Mar. Jan. 4 6 . 14% Mar. Jan. 22 3 4 Mar. 24 60 - -" 105,50C i Imperial Oil (Canada/.......* Registered..... ...» 5.70C i 7,000 ' Imperial Tobacco Co of Can.5 3.00C i (mp Tob of Gt Brit 8c Irel._£t ... ^VLar. 19 7 15% Jan. 15% Mar. 50 H 7 Mar. 4 *10% Mar. 18 10 Mar. 22 Mar. 30 z8 7 Mar. 25 25% Mar. 23 6 Mar. 2 Mar. 8 42 39% 26 .... Am Mar. 19 51 % Mar. 107% Mar. 29 109 "37% Sale" "37% Sale" 34% Mar. 23 39% 83 Sale 79 Mar. 22 85% r83% Sale 21% Sale Mar. 23 23 20% 21% 20 1% 1% 1% 1% Mar. 19 22 23 22 Mar. 4 22 24 23% ..-•..v.. 4- 6% preferred ...100 * 10C Illuminating Shares Co A Imperial Chem Indus Ltd— 500 15 Jan. Jan. 10% Jan. 28 12 , ""x" m 17 U Salei 15% 20 f 8% OX 8% Jan. 15 7% Jan. 25 24 4 6 13% Mar. 30 25% Mar. 22 38% 9 15% Jan. 12 70 Mar. 24 9 5% Mar. 23 20% Mar. Jan. 20 Feb. 9 95 90 60% Mar. 23 1% Jan. 11 2% Mar. 22 8 41 6 4 3 17 5 Mar. 22 Mar. 1 87% Feb. 14% Jan. 9 6 Mar. Mar. 18 92 Jan. 25 1 % Jan. 12 03% Jan. 25 0 Mar. Mar. Mar. 4% Jan. 4 2 % Jan. 53% Mar. 22 3% Mar. 3 14 17 "22% "Mar." 10 40 * 5% preferred...........100 Huyler's of Del 30 12% * 179,800 Hud Bay Mln 8c Smelt......* 80,000 Humble Oil fk Refining * 3,000 Hussman-Llgonler Co......* II,638 "13% "U'"~ "14% Sale" "13% "14" 6 1 * com Horn 8c Hardart com... 540 , ♦ 6% Mar. 21% Mar. Mar. 12 Mar. 3 36% Mar. Hires (Chas E) class A com..* Mar. 18 Mar."23 '63% Mar.""8 * 2,150 1,250 92 4 1 3 "15% Mar."30 "15% Mar ."30 "64"" "65% "60% "61% "60% 14% 16 14 15 X 5% Sale 6% Sale 21% Sale 5% Mar. % Mar. 60% Mar. 23% 14% 38% 22% 23 14% 37% 14% 38% Sale 9% Mar. 22% Mar. 22% Mar. 14% Mar. 36% Mar. 23 16 27 9% Mar. 24% Mar. 2 2 27 24 15 Mar. Mar. 2 8 37% Mar. 31 % Mar. 23 22 17 Mar. 20 27% Mar. 27 "7% Sale" "12% Sale" "14% Sale" 103X 105 100% 102 98% Sale 12% Mar. 3 28 15 97% Mar. 31 100 1 Mar. 15 Mar. 17 Mar. 12 9% Mar. 16 21 Jan. 2 21 Jan. Jan. 21 t 14 9% Mar. 24% Mar. 2 2 24 Mar. 2 15 Mar. 36% Mar. 17 44% Jan. 23 36 Mar. 2C Jan. 8 7 20 27% Mar. 27 39% Jan. 10 15 Mar. 17 7% Jan. 2 98% Mar. 31 105 Jan. 4 . Indian Terr 1 llum Oil Co— 1 1,900 e 1,900 to footnotes 6.80C 7,900 Non-voting class A.......* Class »ee page 53 ft stnek........ * • 3X 3% 4 4 3% 3% 4 4 4 4 Sale 4% 3% Mar. 5 4% Mar. 9 Mar. 3 4% Mar. 9 4 3% Feb. 24 3% Feb. 2i 4% Jan. 4% Jan. 14 13 NEW In 826 ^9,100 1,400 11,400 8.200 1*700 825 ' \ 13* 1X 74k Sale" . 21,200* 39,200 27,400 4,200 Industrial Finance v t c " 139,000 1,400 1,200 15,800 1,000 2,100 -r , 1 16,200 •V 53,100 58,100 15,100 2,225 ■ March 1 Ask Bid 7% preferred -—-.-100 20,750 (nsur Co of North Amer—10 55,100 ,206*1 300 -t, STOCKS (Continue, 7,100 2,525 ,1,200 ^ Jan. 2 1937 Shares Shares Price YORK CURB EXCHANGE Since Jan. 1 March 400 Machinery.-* Holding & Invest-* (nternat Cigar lnternat Int Hydro-Elec ?3.50 pref__50 lnternat 263* 2 2k 323* Sale 25 * Petroleum com., Registered lnternat Sale 34 i 13* *9* : 4 393* IX 7M -• 6% preferred.———-100 4,600 Internet Safety Rasor cl b.' 10,500 lnternat Util class A 158,500 Class B 1 8,000 Old warrants 16,800 New warrants 53,300 International Vitamin—1 10,800 Interstate Hosiery Mills * III 15 1 lk Sale IX 25 26 3 Sale 3 Sale 35 27 A* Sale 13* Sale Sale" 37 73* Sale Sale Sale 13* 18 20X Sale 23* 3,940 70,100 19,200 3,350 Interstate Power i7 pref— Investors Royalty Co —1 10,300 Iron Fireman Mfgcom vtc 10 20,300 Irving Air Chute com —1 60,400 Italian Superpower cl A—* 15,400 Warrsati....,,...,...,, ' 7,600 12,800 5,400 30,900 4,900 164,200 37,600 425 1,735 Jacobs (F L) Co.————1 Jeannette Glass Co * 6k 6k 34 35k 19 X Sale 373* 193* 24 X 163* Sale z hm 14% Sale 10 Sale 2 Mar. 4 Mar. 22 Mar. 10 2 Sale 38 Sale 15 Sale 3* Mar. 13 23 k Mar. 2 24 k Sale 143* Sale IX Sale 3* % 163* Sale 13* Sale Sale 113* Sale 16 X 16 X v Mar. 2 3* Mar. 2 1 % 1 Mar. 2 23* V X 3* 73* 423* 19 k X 25 k 16 k 13* X Mar. Mar.' Mar, 1 2 3 Mar. 18 15 10 Mar. 2 Mar. 31 Mar. 22 14 Sale 13* Mar. 19 13* Mar. 17 Mar. 31 6 103 63* Sale Sale 23 k 9 38 Sale Sale 3& Sale 24 13* Mar. 4 163* Mar. 3 353* Mar. 29 Sale fZ 4 2 k« Mar* 9 X Mar. 11 63* Mar. 24 —— Mar. Mar. 63* Mar. 10 Mar. 15 80 86 Mar. 30 Mar. 11 98 Mar. 27 Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. 2 8 1 4 29 29 1 2 173* Mar. 113* Mar. 6 8 85k Mar. 8 Jersey Central Pow & Lt Co— * 80 240 660 92 1,120 98 6% preferred——.100 7% preferred ...100 33,000 Jonas & Naumburg Corp.2.50 31,100 Jones A l.aughltn com,...100 5,500 15,400 25 ' V0: ,25 m 2,900 19,100 11,500 190 2,800 60 10 5J4 % preferred.......-100 pofelO Kansas City Pub Serv— Common V t C—......... Sale Wk. 3 Class A pref v t c Kansas Ci & E 7% pref Mar. 5 99k Mar. 18 6 k Mar. 25 73* Mar. 3 115 Mar. 2 126 k Mar. 9 Mar. 2 30 Mar. 2 30 863* I 90 92 Sale 99 98 Sale 73* 73* 73* Sale 1153* Sale 1223* Sale x i 3* Sale 33* Sale 2X 3* 33* 100 7,300 Kingsbury Breweries com 100 1 2X ~~2X 6X Sale 233* 273* Sale 1053* Sale 2X 33* 243* "33* Sale" 3* Mar. 33* Mar. Mar. 23 27 3* Mar. 23 k Mar. 27 1 1 6 1053* Mar. 1 1053* Mar. 23* Mar, 31 33* Mar, Kings County Lighting 190 440 1 16,500 Klrkland Lake G M Ltd—,—1 1,400 Klein (D Emil) Co common..* 1,100 4,500 Klelnert(IB) Rubber 10 6,000 Knott Corp com ....—.1 400 Kobacher Stores Inc com...* 600 20° Koppers 1,050 1,000 4,500 170 Lackawanna RR N J 16,200 49,900 19,500 139,200 130 20 "'"766 700 4,400 Lake Shore Mines Ltd La key 100 ; 1 Lefcourt 79,000 Locke Steel Chela Co—5 265,800 Lockheed Air Corp 1 • * 79,400 Lone Star Gas 140,600 Long Island Light com..—.* 3,080 7% preferred."—.<——100 2,975 6% preferred series B —100 28,700 Loudon Packing Co com....* 128,000 Louisiana Land Ac Expl com.l 50 Louisiana Pr & Lt $6 pref..* 21,100 Lucky Tiger Combination. 10 5,900 Lynch Corp com.—. 5 10,700 3.500 6k 113* 14 12 23 26 20 25 23 Mar. Sale 2 22 135* Sale 19 17 15 8 25 17 23 2 . 883* 65 73* % 8 3* 1 k 203* 12 k 1 Mar. Mar. Mar. 2 2 3 Mar. Mar. 29 Mar. 22 Mar. 5 Mar. 8 143* Mar. 3 Mar. 23 2 Sale 123* 183* 113* 173* Mar. 22 ill X Mar, 1 Ilk Mar. 17 163* Mar. 22 Mar. 2 183* Mar. 2 107 113* 12 163* Sale 56 593* Sale 83* Sale 993* 109 6k 100 12 773* Mar. 3 773* 553* Mar. 31 593* 8k 6 k Mar. 22 100 Mar. 18 100 Sale Sale 103 Mar. 3 Mar. Mar. 4 1 Mar. 18 16 Sale 6 Sale 3 2k 33* 17 113* Sale IX Sale : 15k 9k 15 k 173* Sale 6 Sale 3 Mar. 3 153* Mar. 29 3 16 Sale Mar. 15 9 3 k Mar. 3 163* Mar. 6 113* Mar. 1 2 Mar.M 13* Sale 13* Mar. 18 243* Sale 53* 6 16 k Mar. 18 53* Mar. 25 23 Mar. 22 26k Mar. 29 153* Mar. 19 133* Mar. 22 Mar. 22 4k Mar, 29 893* Mar. 12 17 k Mar. 15k Mar. 13 Mar. 53* Mar. Mar. 8 2 Mar. 22 23 Jan. ~~ , k Jan. 26 53* Feb. 18 343* Jan. 7 15 Mar. 31 X% Jan. 2 23 34 Mar. 2 Mar. 22 14 X Jan.a 4 % Jan, 12 ; 1 Jan. 7 Feb. 11 Jan. 27 3* Feb. 13 73* Mar. 2 7 k« Jan. Mar. Mar. 31 Feb. 26 Feb. 11 13* Feb. 25 163* Jan.,*■; 6 lkJan. 2 -••• 3 28 23* Jan. 29 18k Mar. 19 393* Mar. 3 8 Jan. 100 ; 423* Mar. 8 24J* Jan. 13 % Jan. 29 27 k Feb. 11 183* Jan. 11 2 k Feb. 1 13 k 14 103| Sale Sale Sale 90 Sale 78 a 14 9* Sale 17 143* 123* 53* 893* 77 Sale Sale Sale Sale Sale 913* Sale U3* Sale Sale 763* 4 k Sale 12 k Sale 78 53* Sale 123* Sale 11 76 Mar. 29 10 Jan. 2 14 Jan.;. & 80 Mar. 30 89 Jan# Mar. 11 96k Jan. 6 7 Jan. 27 100 7 93* Jan. 23 6k Mar. 25 903* Jan. 5 126 k Mar. 9 30 Jan. 30 : Jan. 8 8 97 ' Jan. Jan. 21 3 *112 Mar. 23 Jan. 28 Mar. 11 Jan. 4 52 Mar. 17 19 Jan. 9 Mar. 17 Feb. 25 1 6 Jan. 3* Jan. 11 1053* Mar. 2 k Jan. 74 k Feb. 1 60 Mar. 27 53* 3* 5k % 19k 10k Mar. Mar. Jan. Feb. Jan. Jan. 12 Mar. 23 19 17 6 23 26 14 Mar. 1 22 883* 65 k 83* % 834 13* Mar. 1 Feb. 10 Feb. 9 Mar. 3 Jan. 23 Jan. 7 21 Feb. 19 133* Jan. 20 1734 Jan. 18 Feb. 6 12 1113* Feb. 9 1134 Mar. 17 163* Mar. 22 123* Jan. 213* Jan. 6 763* Jan. 2 553* Mar. 13 783* Feb. 26 21k Feb. 106 4 Jan. 6 Jan. 100 Jan. 8 593* Mar. 4 6 93* Feb. 2 Feb. 13 20 110 Mar. 3 25 4k 3 20 Jan. 19 Mar, 15 % Jan. 2 303* Feb. 9 163* Jan. 2 5 Feb. 18 23 Mar. 22 13 k Jan. 16 9 'Zf'ZiJ:- 5X Jan. 26 Jan. 22 22 153* Mar. 29 23* Feb. 10 9 303* Feb. 26 k Mar. 29 7 Mar. 2 23 k Jan. 23 4k Mar. 29 123* Mar. 23 £13 k Jan. 183* Jan. 28 934 Jan. 16k Feb. 20 1434 Jan. 16 11 Mar. 4 k Mar. 88 Mar. 93 100 11 37 3 4X Sale 8X 8X Sale Sale Sale 82 21 233* 23 9k 18 29 13* Mar. 24 13* Sale 39 40 13* Sale 39 243* 383* Mar. 17 Mar. 22 7 k Mar. 23 43* Sale 8 k Sale 4 65 Sale 65 20 21 Mar. 31 223* Mar. 12 15 100 Feb. J* 3 Mar. 223* Mar. 12 33* Jan. 12 7k Mar. 23 6 18 16 Jan. 25 Feb. 9 Jan. 16 Jan. 20 Jan. 63 383* Mar. 43* Mar. 15 93* Mar. 1 Mar. Jan. 80 13* Jan. 13* Mar. Mar. 40 70 _0k Jan. 14 93 Jan. 753* Jan. 434 Mar. 123* Feb. 79k Mar. 53* Mar. 13 k Mar. 53* Feb. 18 103* Jan. 23 Mar. 31 82 Jan. 213* Jan. 21 23 Feb. 19 10 333* 223* 3k 16k Jan. Mar. Mar. Jan. Mar. 65 2 Marconi lnternat Marine— 100 3,700 Communication Am dep ret 13,700 MargayOll * 19,300 Marion Steam Shovel com..* 12,900 Mass Utll Associates v t C .1 116,300 Massey Harris Co common..* 1 14,100 Master Electric Co...... 3,300 7,600 4,100 60,300 8,000 25 1,400 17 Sale 33* 3k Sale 9 r 18k 18X 163* 163* 33* Sale Ilk Sale 22 23 83* 9 303* 32 19 k Sale 33* 3k 15 k ' Sale 25 J* Sale 283* 163* 33* Ilk 22 55 553* 55 83* 93* Sale 83* Mar. 22 333* Mar. 10 223* Mar. 11 33* Mar. 1 16 k Mar. 17 253* Mar. 31 83* Mar. Mar. Mar. Mar. Mar. Mar. 500 _ 75 $4 preferred w w * McColl-Frontenac6% pref 100 31,600 McCord Radiator & Mfg B—* 103,200 McWilliams Dredging com..* * 3,875 Mead Johnson & Co com 27,500 Memphis Nat Gas com 5 19,000 Mercantile Stores Co.... * 125 7% preferred 100 1 4,200 Merchants A Mfrs class A Partic pref ...* £ 100 118,100 Merrltt Chapman Ac Scott * 6 k % A pref 4,050 100 Common stock pur warr'ts. 1,100 .1 855,100 Mesabl Iron 6,300 Metal Textile Corp com....* Part preferred.——* 380 10k Sale 3331 34 • 116 121X 6k 6X 41 45 "ex "ex 553* 60 103* "113* "9k ""9k 37 Sale 983* Mar. 16 BS 31k Mar. Mar. 323* Sale 47 52 Sale 55 "63* "ex "ex "ex 6 Mar. 46 Mar. Mar 3 Mar. 775 400 244,000 2,300 100 Jan. Jan. 7 21 33* Jan. 5 8 k Jan. 30 183* Jan. 30 8 va. 18 10 11 13 17 253* Mar. 31 "e'X Sale' "83* Sale" 64 7k Sale Sale 2 5X Sale Sale jif 43* Sale 363* Sale Sale 4 ■ Janl Jan. 39 Jan. 2 9 k Mar. ' 43* Mar. 363* Mar. 5k Mar. 31k Jan. 63* Jan. 32 7 ■ 1053* 7 31k 113* 803* 23* 23* 53* 37 Mar. 3* Jan. ke Jan. 33* Mar. Mar. 13 Jan. 8 53 k Mar. 11 104 k Feb. 60 733* Mar. lk Mar. 2 30 Jan. 983* Mar. 16 143* Feb. 5 443* Feb. 9 121 Mar. 8 1013* Jan.. Mar. 11 Mar. 73* Mar. 22 60 Mar. 25 lk Mar. 25 13* Mar. 27 3 3* Mar. 25 34 Mar. 8 55 Jan. 95 Mar. 9 k Mar. 6 • 1053* Mar. 18 1053* Mar. 5k Mar. 55 1 Mar. 53 3 . Mar. 121 114 "63* Sale" "63* Sale" 3 Mar. 55 Mar. 95 Mar. 9 k Mar. ... 13" 000 83* Mar. 22 17 16 May Hosiery Mills— ~ 350 75 5,000 13,000 1,125 6,500 3,100 934 .153* Jan. Feb. 18 Mar. 2 Jan. Jan. Feb. Jan. Feb. Jan. Feb. 13 28 11 25 25 Jan. Jan. Jan. Mar. Feb. Jan. 29 Jan. 13 Feb. 17 Feb. 16 26 16 Metropolitan Edison Co— • 25 3,000 57,400 17,600 3,000 46,400 1,700 350 $6 preferred Mar. 12 103 3 3* 2k Mar. 30 33* 23* Mar. 19 83* Mar. 30 113* 143* Mar. 19 17 1 Mar. 1 13* 8 63* Mar. 1 103 —* * 21,400 Mexico-Ohio Oil Co 163,500 Michigan Bumper Corp.. ..1 151,700 Michigan Gas Ac OH Corp.., 1 11,500 Mich Steel Tube Prod....2.50 61,200 Michigan Sugar com.——* 3,600 Preferred.. —10 3X Sale 3 Sale 3 Sale 23* Sale 103* Sale 153* 163* 1 Sale 63* Sale 3 9 15 a3, Sale Sale Sale IX Sale 7 Sale Mar. 12 Mar. 2 Mar. 31 Mar. 103 2 Mar. 12 106 k Mar. 30 23* Mar. 19 2 k Jan. 14 143* Mar. 19 Mar. Mar. 9 Mar. 10 1 Feb. 26 4k 3k Ilk 18k 13* 8 63* Mar. 12 18 4 10 14 Middle States Petroleum— 13,200 9,500 45,700 34,900 Class A vot trust ctfs—* 350 „ 1,800 $2 conv pref 5 k Sale 63* Sale Class B vot trust ctfs...—* IX Sale Midland Oil Corp— 9 ....* Sale IXy lk 13* Sale 83* 8k 93* 9 53* Mar. 23 13* Mar. 24 63* Mar. lk Mar. 1 3 53* Feb. 10 13* Mar. 24 83* Mar. 27 93* Mar. 6 83* Jan. 16 10 Jan. 9 Midland Steel Product— 1,300 850 14,400 I 4,200 10,200 1,400 10 4,300 S2 non-cum div shares....* ....—* 3,145 Mid vale Co 30,600 Mid-West Abrasive Co..—50c 10 4,200 Mid-West Oil Co 54,600 Mining Corp of Can........* 3,350 MinnesotaMinAfcMfgCo * 20 Minnesota P Ac L 7% pref. 100 22 X 24 23 72 Sale 86 4 Sale "~3k Sale" 40X 42 X Sale 213* 87 3* 43* Sale "•43* Sale" 393* Sale 90 4 23 k Sale Sale 123* Sale 43* Sale 38 38k Mar. 13 Mar. 2 22 •O 85 IVluil « A 33* Mar. 25 12 k Mar. 30 33* Mar. 23 37 Mar. 22 Mar. 15 98 24 Mar. 22k Jan. Jan. 3k Jan. 71 393* Mar. 16 37 Mar. 22 98 98 Jan. Mar. 15 Mar. Mar. 4k Jan. 14 k Mar. 5 Feb. 24 90 Mar. 31 43* Mar. 3 143* Mar. 13 4 k Mar. 9 90 11 k Mar. 30 33* Jan. 2 12 14 43 98 Jan. Jan. 2 31 20 13 25 7 14 rorfMloohiiN page 53* ■- V, .. -z-z ■ z-zz, z: Z;, ^ vfr V< , .r k Jan. 30 28 86 : 18k Feb. 15 133* Jan. 33* Jan. 14,000 Mangel Stores Corp com 1 460 15 conv preferred.—..* 800 Mapes Cons MfgCo ...* 100 Sale 334 4 17 18 103* Sale % Sale 55,300 Majestic Radio Ac Tel Corp.. 1 270 123* 143* 12 14 1 53* 3* 63* % 19 k Ilk 43* Feb. 44 ♦ B stock 1,200 58 57 1 Realty com 146,500 Lion OH Refining ...* .......* 11,900 Lit Brothers com * 50 Loblaw Groceterias A "4~206 60 76H Sal® Bryant 7% pref—100 Langendorf Un Bak cl A * Class B ♦ 83", 200 10,100 55,300 15,300 26,900 580 775 5,400 6,600 Mar. 29 Mar. 27 83 83* Sale 13* Sale 183* 21 63* Sale 111 12k Sale 12 20 Lane 4,000 Preferred .—.........* 208,600 Lehigh Coal Ac Nay.. * 796,900 Leonard OH Development—35 2,500 Line Material Co * 25 14 X 22 X Foundry & Machine.! 1,600 37,100 70,500 5,700 iig i°iH 85 Sale 63* Sale Mar. Mar. Mar. Mar. Mar. Mar. Mar. 73* Company— 4,250 6% preferred....——100 2,400 Kress (S H) A Co spec pf—10 20,100 Kreuger Brewing Co........1 10 Sat* 60 663* Sale 65 120 105,200 157,900 60,000 3,400 300 80 873* Sale 7% preferred series B—100 5% preferred series D 100 217.100 Kingston Products— 1 157,900 Rights 143,100 Kirby Petroleum..—.......1 80 743* Jan. 6 28 k Feb. 15 Feb. 16 Feb. 24 35 6 1 3 Mar. 11 114k Mar. 5 Mar. 17 52 Mar. 17 52 21X Sale 91 3* Mar. 15 2 a;ll 2 Keith 10 Kimberly-Clark pref .10 1,700 7% 92 X 90 * Julian & Kokenge com (Geo E) Co 7% pref. 100 25,300 Ken Rad Tube & Lamp cl a.* 4,400 93 X 100 2 28 643* Mar. 29 243* Jan. 20 23* Jan. 7 313* Jan. 6 3* Jan. 12 153* Feb. 24 3334 Jan. 2 13* Mar. 1 18 k Mar. 19 393* Mar. 3 38 Mar. 1 73* Mar. 8 37k Mar. 2 16 3 40k Mar. ; 23* Feb. 223* Feb. 4 313* Mar. 22 Mar. 10 Mar. 22 4 Mar. 27 13* Jan. Mar. 1 1 102 13* 193* 23* 5 IX Mar. 713* Mar. 18 Mar. 27 Sale 103 13* 13* Mari 11 16 Sale 23* Highest Sale Prices 643* Mar. 29 Sale 19 Lowest Sale Prices 663* Sale ~37X Sale "~7X Highest Sale Prices Sale Sale 38 ——— Products com.... 2 70 X 28 Lowest Sale Prices 31 Ask 17X Sale "A" stock pur warrants— lnternat Metal Indus A March Ask Bid Bid 700 790 RANGE SINCE JAN. 1 PRICES IN MARCH SALES AGGREGATE 45 EXCHANGE CURB YORK NEW April, 1937] \ NEW Shares Jan. 2 1937 Jan. 1 March 1 16,710 Mock Judion Voehringer2.50 3,800 5,574 128,400 7,000 1,000 3,120 5,600 1,350 725 Mohawk 9c Hud Pow 1st pref.* 7% A pref 100 36,700 Moore (Tom) Distillery Co..l 300 Mtge Bank of Col Am She.... 79,200 Mountain Producers Corp. 10 6% 49% Mar. 12 23 Mar. 23 20 Mar. 31 97% Mar. 30 11% Mar. 2 2% Mar. 31 54 Mar. 31 16% Mar. 23 75 25 1 43% Mar. 80 1 Mar. 19 Mar. Mar. Mar. Mar. Mar. 30 Mar. Mar. 23 5% Mar. 22 30% Mar. 30 79 132 Mar. 22 Mar. 4 3 14% Mar. 16 3 Mar. 1 59 Mar. 9 3 18% Mar(. 89% Mar. 3% Mar. Mar. Mar. Mar. Mar. 87% Mar. 5 % 2% 11% 43% Mar. 11% Mar. 5 18% Mar. 31 % Mar. 16 7% Mar. 15 52% Mar. 2 26% Mar. 29 9% Mar. 5 11% Mar. 1 3% Mar. 1 1% Mar. 1 Mar. 29 59% Mar. 18 80 Mar. 19 Mar. Mar. Mar. Mar. common. 336,900 Pennroad Corp com vtc.. For footnotes see page 53 5 Jan. 6 4 Mar. 31 97% Mar. 30 20 18 Jan. 32% Jan. 6% Jan. 23% Mar. 51 % Jan. 23 44% 14% 3% 20 Feb. 64% Jan. 3 81% Mar. 31 8 91% Jan. Mar. Mar. Mar. Jan. 25 28 Jan. Mar. 11 9% Mar. Jan. 5 12 1% Jan. 2 10 1 Mar. 29 112 Mar. 29 32 80 Jan. 5 18 12% Feb. 23 18% % 7% 57% 9% 11% 3% 2% 112% ,59% Jan. Jan. Feb. Jan. Feb. Mar. 31 16 15 11 5 7 19 16 7 25 18 80 Jan. 27 Mar. 9 14 116 14 Jan. 13 19% Feb. 10 15% Mar. 16 19% Jan. 21 2% Jan. 14 1% Mar. 22 Jan. 27 110% Jan. 17% Mar. 16 85 Mar. 23 23% Jan. 12 89% Jan. 15 Mar. 22 Mar. 6 78 Feb. 16 94% Mar. 10 5 Jan. 5 Mar. Mar. Mar. Mar. Mar. 12% Mar. 8 97 Mar. 3 1 5 4 2% Mar. 30 7 Mar. 13 4% Mar. 30 Mar. 24 42% Mar. 23 Mar. 22 49% Mar. 24 2% 5% %, 87 Mar. 23 Mar. 2 97 Mar. 11 Mar. 15 Mar. 27 3% Mar. 8% Mar, 5% Mar. 64% Mar. 3% Mar. 23 Mar. 22 *30% Mar. 23 3 50% Mar. 31 50 Mar. 31 49% Mar. 24 4% Mar. 8 5% Mar. 2 Mar. 1 91% Mar. 2 100% Mar. 2 Mar. 18 107 Mar. 2 Mar. 25 4 4 8 10% 37% 4% 37 34 55 Mar. 18 67 65 Sale 102% 103 101% Mar. 29 106 109% 109% 109% Mar. 17 110% 110% Mar. 2 110% 111 Mar, 5111 Mar. 18 Mar. 15 Mar. 4 Mar. 8 Mar. 6 Mar. 6 Mar. Mar. 3 3 2 4 5 Mar. Mar. Mar. Mar. 20 135% Mar. 10 29% Jan. 6 43 4 47 16 5 Mar. 31 34% Mar. 27 6% Jan. 5 16 Mar. 31 34 Feb. 4 26 9 20 .Mar. 16 19 119% Mar. 5 24 5% Mar. 4 18 57% Mar. 5 12 15% Mar. 1 Mar. 16 3 34% Mar. 27 4% Mar. 12 "41% Mar."i8 ~4§"" Mar.~25 Sale" 9 3 Jan. 26 Jan. 25 Mar. 9 Feb. 19 104 Mar. 18 % Feb. 5 2% Jan. 7 13% Feb. 1 47 Feb. 10 11% Jan. 6 % Jan. 2 3% Jan.;, 4 52% Jan. 18 Jan. 25 4% Mar. 15 Mar. 31 Jan. Feb. 2 15% Mar. 6 13% Mar. 23 102% Mar. 24 105% Jan. 14 113 Jan. 7 115% Mar. 31 2 12% Mar. 8 Mar. 9 20% Feb. 6 Jan. 4 119% Mar. 8% Jan. 17 115 4% 50% 13% 90% Mar. Mar. Mar. Mar. 98 Feb. Feb. 98' 5% 24 18 65 12 16% 16 100 9 94 1 115 % Mar. 30 2 Mar. 16 13% Jan. 97 33% Mar. Feb. 14% 19% 89% 3% 118 Mar. 1 Mar. 20 115% Mar. 31 31 11 59 41 94% Mar. 10 3% Mar. 6 %, Mar. 2% Mar. 28 Jan. 16 16 21 8 15% Mar. 29% Sale 3% Sale 11 Mar. 15 Jan. 13 % Feb. 24 1 Mar. 2 8% Jan. 8 33% Jan. 11 95 11 4 3 Mar. 16 9 3 Mar. 22 16% Mar. 23 11 Feb. Feb. Mar. Jan. 4 13 13% Mar. 15 Sale 13 7 29 31 12 Mar. 31 97% Mar. 30 Mar. 20 135% Mar. 10 % Mar. 30 10 10 28 7% Feb. 5 149 Mar. 30 155% Feb. 4 54 Mar. 6 41% Jan. 4 23 Mar. 23 28% Jan. 29 Mar. Mar. Jan. 7 21 41% Mar. 18 2% Mar. 30 7 Mar. 13 3% Jan. 55 4 Mar. 24 35% Jan. 7 23 3 Feb. Feb. 2% Feb. 3 Feb. 10 16 51 Jan. 3% Feb. 23 3 11% Jan. 2 7% Jan. 13 77 Jan. 13 50% Mar. 31 Jan. • Jan. Feb. 97% Feb. 11 49% Jan. 107 Jan. 1 3 Feb. 2 % Feb. 24 5 50 7 50% 4% 2% Mar. 23 6% 5% Mar. 2 % % Jan. 4 87 Mar. 27 96% 97 Jan. 21 103% 35 5 Feb. 16 4 108 Mar. 31 Feb. Jan. Jan. Jan. Jan. Feb. 25 30 12 21 23 11 Jan. 22 Jan. 18 10% Mar. 15 41 Feb. 8 6% Jan. 23 25% Jan. 13 37 7% Jan. 28 3 20 Mar. 25 *30% Mar. 23 Feb. 10 35% Jan. 18 67 Mar. 3 110% Feb. 11 111% Jan. 15 112 Jan. 111% Feb.* 4 9 104% Feb. 24 ~13% Mar"l6 "l4*""Mar?12 11% Mar. 12 28 100 12% Mar. 22 Mar. 24 28 Mar. 18 79 Mar. 30 6% Mar. 12 22% Mar. 30 45 Mar. 5 66% Mar. 11 5% Mar. 22 5 Mar. 24 26 Mar. 15 84 Mar. Mar. 1 1 Mar. 16 Mar. 6 Mar. 2 3 5 6 7 Mar. 10 23% Mar. 18 54% Mar. 11 70% Mar. 7% Mar. 6 5 5% Mar. 19 28 Mar. 11 "40% Mar."26 "4l"""Mar.""8 11 . Mar. 22 Mar. 4 5% Mar. 19 4% Mar. 1 30 1 1 Feb. 6 Mar. 19 140% Mar. 33 107% 107 Mar. 31 8 4% Jan. 132 166"" Mar.'lO Il2"""Mar."l5 106 3 11 27 Mar. 11 Jan. 22 Mar. 22 43 Feb. Jan. Jan. 88 30 ...50 18 157 25 37 25 44 30 44 10 182 6 35 Mar. 31 55 19 30% Feb. 11% Mar. 17 ..100 Jan. 5% Mar. 31 Jan. 4 17 Mar. 30 rl38%Mar. 30% Feb. 34% Mar. 42% Mar. 180% Mar. 13 4% Feb. 11 79 102% Mar. 24 105 NUes-Bement-Pond com ..* Nlplsslng Mines ........1 Noma Elec Corp com ...1 Nor Amer Lt 9c Pow com 1 $6 preferred ...» North Amer Rayon d A * Class B common .......* 3,000 Penn Mex Fuel 12 4 8 31% Mar. 26% Mar. 18 28 Mar. 105 Mar. 31 106% Mar. 3.050 3% Jan. Mar. 16 2 Jan.. 13 88 Mar. 31 17 117% 4% 50% 13% 90% 16% Feb. 18 28 123% Jan. 11 Feb. 8% Mar. 23 14 Mar. 31 114 2 27 104 4% Jan. 8 30% Mar. 30 30,550 Pacific G 8c B 6% 1st pref..25 2,100 5%% 1st preferred 25 975 Pacific Ltg Corp $4 pref....» 11,400 Jan. Mar. 16 Mar. 19 Mar. 2 Mar. 6 30% 102 Mar. 17106 4% Mar. 2 5% 9% Mar. 13 10% 110 Jan. 17% 87% 5% 35 36,200 Oklahoma Nat Gas com 15 7,700 $3 preferred ..........50 800 6% preferred .....100 72,400 Oldetyme Distillers... 1 8,000 Overseas Securities Co.. .* 850 9 8 5 2 16 7,200 Nor Amer Utll Sec com.....* 3,900 North Cent Texas Oil ft 524,500 North European Oil com l 890 NorlndPubSer4% pref..100 1,375 1 9 1 18 5 13 8 5 "13% Marr§3 "i5% Mar.""6 100 100 Pacific Public Service......* 1st preferred * Pacific Tin special stock....* Pan Amer Airways com 10 Pantepec Oil of Yanexuela._l Paramount Motors Corp 1 Parker Pen Co.... .10 Patchogue Plymouth Mills..* Pender (D) Grocery cl A * Class B ♦ Peninsula Telep Co com * 13% Jan. 98 110 Jan. 27% Mar. 11 4% Mar. 15 58,100 Class A warrants new 4,100 Class B warrants new 75,328 Niagara Share Corp class B 5 9,700 1,800 27,850 28,600 748,600 5,200 114 20 85% Mar. 23 118 4,500 NY « Hond Rosarlo M .10 1,900 N Y Merchandise Co com...* 4,300 New common 10 390 N Y Pr 8c Lt $6 pref... ♦ 510 7% preferred lOf N Y Shipbuilding Co 12,300 Founders shares.........] 10,250 N Y Steam Corp com.... * 3,350 N Y Teleo 4%% pref.. It® 2,100 New York Transit ...5 2,315 N Y Water Serv 6% pref._ 10e 165,600 Niagara Hud Pow com]new. 10 6,125 5% 1st pref 100 Maf»^3 Mar. 19 140% Mar. Mar. 22 27% Mar. 25 100 NYC Omnibus warrants 390 Pacific P 8c L 7% prof 6 Mar. 1 Mar. 31 40% Mar. 31 116 30 16% 16 17% 22 2 17% Mar. 16 New Haven Clock Co com * New Jersey Zinc. 25 New Mexico 9c Aria Land 1 Newmont Mining Corp 10 New Process Co common .* N Y Auction Co common...* 830 Ohio Power 6% preferred.100 250 Ohio Pub Serv 7% 1st pref 100 50 6% 1st pref..... .....100 900 Ollstocks Ltd common.... 5 • 85 250 New Engl Tel 8t Tel Co...l00 4,525 Ohio Brass class B._ ...» 1,075 Ohio Edison $6 preferred .» 6,520 Ohio Oil 6% pref 100 20 Mar. 29 112 113% 14% 15% 1% 6% preferred.....^.....'100 9,400 Novadel Agene Corp......,..* Mar. 29 112 5 * 550 7% preferred 100 75 Northern NY Utll 7% pfd.100 12,100 Northern Pipe Line.......10 53,820 Nor States Power com A..100 5,200 Northern Tex El 6% pref._100 25,000 Northwest Engineering * Mar. 11 9% Mar. 5 10% Mar. 9 2% Mar. 18 ....100 Prior preferred. 2 Mar. 27 41% Mar. 19 1,090 Nevada Calif Elec com...100 350 2 Mar. 81% Mar. 31 11% Mar. 5 13% Mar. 22 VtMar. 1 4% Mar. 2 52% Mar. 2 ... 17,200 70,200 46,000 156,000 12,900 47,800 14,000 % Mar. 1 .* Class A preferred Mar. 1 Mar. 1 Mar. 17 Mar. 11 Mar. 31 Mar. 1 97% Mar. 30 Mar. 15 104 10 1,250 National Tea Co 5% % pref. 10 8,000 National Transit ..12.50 137,000 National Union Radio com_.l 6,100 Nebel (Oscar) Co com ._.* 20 Nebraska Power 7% pref.. 100 20,000 Nehi Corp com ...» 130 1st preferred........ * 350 Neisner Bros 7% conv pref 100 11,200 Nelson (Herman) Corp .....ft 8,900 Neptune Meter class A * 4,200 Nestle Le Mur Co class A...* 125 1 Mar. 15 103 * 5% 2d pref A 5% 2d pref B Mar. 3 Nat Power 8c Light— 150 600 2 Highest Sale Prices Mar. 29 118 Feb. 3 41 11,100 $6 preferred .... • 1,800 National Refining common 25 138,650 Nat Rubber Mach com ...* 149,400 National Service Co ...1 16,300 Conv partic preferred....* 21,400 47,250 24,300 25,300 1,900 2,700 54 28 20 "11 ""Mar;22 "13% 35,600 National Fuel Gas * 30,500 National Gypsum class A...5 59,400 National Investors com ..1 330 $5.50 preferred......._.._* vv 19,000 Warrants ..w— 146,000 National Leather Co com..10 !■>': 11,700 Nat Manufacture 8c Stores..* 7,800 National Oil Products......4 1,150 4 Mar. 23 35 4,670 Nat'l Bond & Share Corp..-* 100 Nat Brewers 7% pref 25 16,700 Nat Container Corp .....1 com. Mar. 20 1,30>) Nachman Sprlngftiled Corp.* 17,900 Nat Automatlve Fibres A...* 8,100 National Baking Co com...l 297.200 Nat Bellas Hess com 1 650 New England Pow Assn Mar. Mar."II "~7%Mar"'i Mar. 30 149 149 130 Mountain Sts Tel & Tel..100 4,100 New Bradford OH 15 " 45,300 Mueller Brass Co common..1 5.900 Murray Ohio Mfg Co * 100 Muskogee Co common * 10 6% preferred ....100 ^ 1 1 9% Mar. 10 4% Mar. 1 *138% Mar.18 155 31 Mar. 4 32% 34% Mar. 25 38% 42% Mar. 30 44 180% Mar. 10 182 5% Mar. 31 7% Moore Corp Ltd............* 7% preferred Mar. 30 12 30 250 Mar. 29 116% Mar. Mar. 24 15% Mar. 8% Mar. 23 3% Mar. 6 MontrealLtHt&Powcom..* Moody's Investors Part pref.* 22,000 National Sugar Refg... Lowest Sale Prices 14 Molybdenum Corp... Monroe Loan Society d A..* Montana Dakota Utilities._lf Montgomery Ward 9c Co A..* 400 National Steel Car Ltd Highest Sale Prices 114 ...♦ ....1 2nd preferred Lowest Sale Prices March 31 Pat 100 STOCKS (Continued) 410 Miss River Power prof Shares > RANGE SINCE JAN. 1 PRICES IN MARCH Price NEW YORK CURB EXCHANGE Since EXCHANGE CURB SALES AGGREGATE In March YORK 12% 30% 6% 5% Mar. 5 Mar. 13 Mar. 11 Mar. 6 14% Feb. 9 14% Jan. 12 32% Jan. 16 106 Feb. 9 Jan. 13 10% Feb. 1 6 32% Feb. 15 29% Feb. 2 107% Jan. 28 89 Jan. 22 8% Jan. 14 24% Jan. 5 54% Mar. 11 75% Jan. 14 9 % Jan. 2 6% Feb.. 19 53 43 18 Feb. 3 Feb. 17 12% 30% 8% 5% Feb. 17 Mar. 13 Feb. 11 Mar. 6 30 Jan. AGGREGATE y PRICES IN MARCH NEW YORK Price curb exchange Jan. 2 Since March Jan. 1 Shares 50 275 STOCKS (<Continued) Shares 100 Penn Cent L & P $5 pre! 525 1,800 120 880 2.970 3,700 2,300 J. ■ ; 550 12,300 Philadelphia Co 1,000 com .* 200 Phila Elec $5 div preferred..* 100 Phlla El Pow 8% pref 25 17,100 Phillip* Packing Co * 142,500 Phoenix Securities common. 1 25 : loo 3,800 39,500 1,900 5,700 1,600 17,100 14,700 4,200 47,700 7,400 98,900 41,100 Conv preferred A........10 Pierce Governor Co com....* Pine* Wlnterfront Co—...1 Pioneer Gold Mine* Ltd 1 Pltnay Bowea Postage Meter* 25 Pitt* Bessemer & L E RR...50 21",700 123,700 7,090 23,000 14,000 7,400 1,980 7,200 4,500 Pittsburgh Forging* Co....* .-50 Pitts Ac Lake Erie RR 25 Pleasant Valley Wine Co 1 Plough, Inc ....«* 200 Pneumatic Scale Corp 10 38,400 Potrero Sugar com....—...5 59,900 Powdrell Ac Alexander com..5 2,500 Power Corp of Can com... 7,300 Pratt Ac Lambert.........—* 91,800 Premier Gold Mining 1 4,900 "7366 27,500 450 1,600 24.700 Pittsburgh Plat* Glass eon* 100 Prentice-Hall Inc..........* Pressed Metals of Amer...._* 7*856 52,400 3,200 172,000 22,700 29,300 250 Bid 15 16% 16 March 31 Ask Bid Ask RANGE SINCE JAN. 1 Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices Mar. 10 Mar. 10 72 Mar. 3 42% 16 15 Mar. 13 106 X Mar. 22 109% 108 X Mar. 27 112 42 Sale 111 16% 110% Sale 14X15 % 108% Sale" 69% Jan. 25 Mar. 6 41 Feb. 15 Mar. 4 15 Mar. 13 Mar. 2 Mar. 9 170 L6d" ""~2X "4" nx 88 87 Sale 132 33% 35"* 32% 35 14% 16% 16 X 17 82 83 130 32 15% Sale 34 16% "34"" Sale" Sale 15 6% 6% 37 20 X 38 X Sale 3X 5% Sale 8 Sale 3 19 % Sale 89' 127 88 125 IX 16 % 2 17 10% Sale 39 Sale 30 X 13% 13X 10% Sale 37% 38% 2% Sale 3% 6 Sale 3X 3X 5% Sale 8X Sale 8 24 X Sale Sale 100 139% Sale lja Sale 16%. Sale 32 Sale Mar. 24 174% Mar. 18 3 Mar. 30 4% Mar. 13 Mar. 3 80% Mar. 30 90 121 Mar. 23 142 Mar. 3 31X Mar. 11 16 Mar 114 Mar 13% Mar. 15 9% Mar. 29 37% 27X 2% 5% 7X Mar. Mar. Mar. Mar. Mar. Mar. 19 17 25 114 Mar. 31 34 33% Mar. 25 18 34 15 4 Jan. Mar. 23 145 31% Mar. 11 15% Jan. Mar. 34 Mar. 2 Mar. 2 33% Mar. 3 > 22 121 114 11% Mar. 40 Jan. Jan. Mar. 25 1 Jan. Jan. Jan. Mar. Mar. 42 Jan. 3% Mar. 18 Mar. 1 23 8% Mar. 1 Mar. 2 18% Jan. 116% Mar. 17 Mar. 4 134% Sale 134% Mar. 31 145 1% Sale 1% Mar. 3 2% Mar. 16 16% 17 X 16% Mar. 1 18% Mar. 11 88% Jan. Sale 24% Sale 110 Sale 22% Mar .40 Mar. 100 25 1 • 125 VA 35 4% Sale Sale 3X Sale i|H Sale 11% Sale 10 27 Sale 26 39 Sale 35 27 37 3X Sale 28 37 X 3% Sale 3% Mar. 29 Mar. 23 Mar. 1 Mar. 23 3X Mar. 16 Mar. 4 4 11% Mar. 11 29% Mar. 10 40 Mar. 8 3% Mar. 1 X 34% Sale 33% 35 32% 33X Mar. 33 5 34 Mar. 6 1 % .Sale Sale %, Mar. 29 % Mar. X Sale 16 X Sale Xs Sale 15X Sale X Mar. 12 X Mar. 1 17% Mar. 11 11% Mar. 9 20 Jan. Feb. 15 2 3% Mar. 2 Feb. Feb. Jan. Jan. 42 Jan. Feb. Mar. Feb. Jan. Mar. Feb. Jan. Feb. 33* Feb. Jan. Jan. Feb. 35% Feb. Jan. 23 M Mar. 26% Jan. 34% Jan. 3% Mar. 4* Feb. 32% Jan. Mar. 9 Mar. Mar. W Feb. 45 33 9 1 3!S 1 % Mar. 16% Feb. 10 Feb. a* Jan. 6 37 15% Feb. Jan. 6 19 7 Feb. 8 Mar. 13 Feb. 3 W Mar. 31 12% Jan. 36% 19% 2% 5% 7% 25 24 6 Mar. 10 42% Mar. 6 17% Jan. 15 106% Mar. 22 112 108% Mar. 27 113 162 Jan. 4 175% 3 Mar. 30 4% 80% Mar. 30 95 Mar. 31 Mar. 72 2 1 5 22 21 4 17 4 11 11 9 6 3 11 30 2 13 13 25 McCallum Mills Cocom ......* .... 36,100 Prosperity Co B common...• 1,900 Providence Gas Co -.-* 26,100 Prudential Investors com—* 500 $6 preferred...—.—.....* 13,200 1,175 7,400 Ask Corp.........—1 Hosiery Producers Propper Bid 72 $2.80 preferred-..........* * Pa Pow & Lt $6 pref * $7 preferred ......* Pennsylvania Salt Mfg....-50 Penn Traflc Co 2.50 Pa Gas & Elec claaa A 760 1.900 v Par 2,050 1,900 * 7,100 Pa Water Ac Power..... 6,250 Pepperell Mfg Co........-100 1,450 Perfect Circle com.........* 525 March 1 1937 600 47 EXCHANGE SALES In * :!v- CURB YORK NEW April, 1937] 13 X .14% "l2% Sale" 100 104 11 Sale 12 X Sale "14" Sale" 103 101 102 103 % m Mar. 29 10% Mar. 23 14 Mar. 31 12% Mar. 1 102 Mar;; 8 102% Mar. 10 % Mar. 12 14 Jan. 6 10% Mar. 23 12% Jan. 2 102 Mar. 8 % Feb. 17% Mar. 11% Jan. 14% Jan. 103 Jan. 10 11 14 25 8 Public Service of Colorado— 20 .-v. 5,360 3,010 1,915 Public Serv of Ind pr 5,235 $6 preferred 950 Public Service of Nor 111——* 150 Com $60 par stock.....60 450 6% preferred— -.100 225 105 100 100 pref..* 6% 1st preferred 7% 1st preferred 30 63% 38 X Sale Sale 62% Sale 35% Sale 83 86 X 87 93 83 85 83 87 87 93 83 88 97 Sale 60% Mar. 30 Mar. 23 35 67% Mar. 4 41 3 Mar. 119% Mar. 12 119% Mar. 5 108% 60% 31% 863 903 117% Feb. 15 105 Jan. 28 109 Feb. 26 68% Feb. 6 41 Jan. Feb. 15 Jan. 28 Jan. 23 Mar. 3 98 Jan. 18 Jan. 93 Feb. 4 Feb. 24 119% Mar. 5 5 11 Public Service of Oklahoma— 20 250 240 30 6% prior Hen pref......100 7% prior Hen pref......100 103 Sale Mar. 21 100% Mar*. 11 Mar. 23 104 Mar. 11 97 101 Mar. 31 103 97 101 Mar. 23 3 Feb. 24 Mar. 31 Feb. 5 406%-Jan»~27 Public Utll Securities— 400 5,775 2,420 1,300 $7 part preferred. ..* 24,150 Puget Sound P Ac L $6 pf * 6,845 $5 preferred —* 200 Pyle National Co common 3X 48 X Sale 48 X Sale Sale 84 Sale 3% Mar. 41X Sale ... ~ 7,906 34,800 Pyrene Mfg...............10 320 1,700 Quaker Oats coa^........—* 230 6% preferred—.........1$€ 8,025 Quebec Power Co......... 100 1.425 8X 8X Sale 152 121 140 23X 24X 13 X Sale 11% 117 12% 3,975 Railway 8c Light Securities 3,000 Rys Ac Utll Invest cl A com..l 29,700 Rainbow Luminous Prod A.* 100 48,300 ; ■ 200 Class B Rath Packing Co 11% Mar. 30 3% Mar. 18 49 Mar. 85% Mar. 14% Mar. 122 Sale 117 Mar. 31 121 143 140 147X 125 20% Sale Sale 135 Mar. 18 146 22 X IX IX .....* common 9 Mar. 31 119 4 525 1,800 3,700 8,000 40 74% Mar. 30 Sale Sale X Sale X '1 Sale Sale ....10 1 40 9 74% Mar. 30 4% Jan. 12 20 20 Jan. 23 60% Jan. 90% Jan. 23 Jan. 1 8 Jan. 28 14% Feb. 26 124% Jan. 15 Mar. Mar. 5 117 Mar. 31 6 135 Mar. 18 150 20% Mar. 31 22% Mar, 4 23% Mar. 13 25 20%Mar. 31 Jan. 25% Jan. Mar. 6 Mar. 6 Mar, 4 Mar. 1 Mar. 17 Feb. 24 28% 1% Jan. 6 1% 2 % Jan. 7 % % Jan. 11 32 Jan. 4 *38% Mar. 3 24% Jan. 53% Mar. 1% Mar. 6 1% 1% Mar. 22 1% % % Mar. 8 x38% Mar. 17 x38% 21 Jan. Jan. Jan. 15 8 6 9 15 7 25 Feb. 26 Mar. 17 Raymond Concrete Pile- 8,975 1,275 23,725 4,450 6,500 12,500 7,300 1,900 22,800 2,800 4,600 20,800 12,500 14,100 21.000 34,200 26,600 3,200 96,900 2,800 13,700 54,400 22,400 83,200 200 * Common $3 conv pref.—....—* Raytheon Mfg, v t c .....50c Red Bank Oil Co • 10 X Sale * 33% 34 Reeves (Daniel) com._......* 7% 700 8,900 25 1.200 1,800 1,200 32,400 10,900 33,900 950 21,900 1,300 70c 107,000 650 Reybarn Co.. Ine ... -_5 1 Reynolds Invest com .......1 Rice Stlx Dry Goods Co..—.* Richmond Radiator com 1 ' 15,300 Roosevelt Field Ine........5 55,500 Root Petroleum Co com ..1 1,900 $1.20 conv preferred.....20 17,300 Rossis Internet Corp * 4,200 Royal Typewriter com......* 5,400 Russeks Fifth Ave Inc...—5 New common 2.50 1,200 183,500 Rustless Iron Ac Steel Corp.. 1 72,100 Ryan Consol Petroleum • 71,800 Ryerson & Haynes Inc com 1,875 54,700 3,900 Safety Car Heating At Ltg St Anthony Gold 350 3,400 1,700 13,500 18,700 Scrantdn-Spring Brook Water Serv $6 pref ..* Securities Corp Gen'l com..* Seeman Bros * common.. Segal Lock At Hardware com 1 Seiberling Rubber com.. * Selby Shoe Co com.........* Selected Industries........1 Convertible stock 95 36 7% Sale ""7"" "lo"" 3 3X Sale 16% 16% X Sale 10 x 100 29 12 X 4X Sale Sale 680 5% cum Corp conv pref 25 m 27% 5% Sale 11} Sale 63- Sale 7% 2% 4% 7X Sale Sale Sale 3% 14% 15 % Sale 93*" 9% Sale 9 Sale 3% 3X Sale 38% Sale ...25 Mar. Mar. Mat. Mar. 6 Mar, 100% Mar. &K 50 2% Sale 6X Sale 3% Sale 7%, * Mar. 12 2% Mar. 8% Mar 10% Mar. Mar 15 Mar. 97 Sale M Mar. Mar. 4 6 19 Sale 30 Sale 27% Sale 30% Sale 149% Sale Sale Sale % Sale 5% Sale 24 Mar. 8% Mar. 110 66 Mar. Mar. 90 Mar. 29 3% Mar. Mar. 19 Mar. 29 Mar. 12 Mar. 22 Mar. 1 Mar. Sale 29% 1 42 Mar. 55 Mar. 10 6 67% Mar. 4% Mar. 4 49 5 Mar. 4 3% Mar. 3 9% Mar. 31 29 Mar. 13 Mar. 6 4 Mar. 19 28% Mar. 1 Mar. 22 101% Mar. 4 Mar. 23 102% Mar. 31 2% Mar. % Mar. 9% Mar. Mar. 5 19% Mar. 29 29 139 Sale 139 108. Sale 108 1 Mar. Mar. Mar. % Mar. 23 H Sale 7 2% Jan. 8% Mar. 31 Mar. 29 48 Mar. 31 8 68 3% Mar. 38% Mar. 25% Mar. X Sale Mar. 1 Mar. Mar. 30 Mar. 31 Mar. 25 Mar. 6 30 102% Sale % M Mar. Mar. Jan. Feb. Jan. 100% Mar. Mar. if Mar. Mar. 15 Sale 12 46% Mar. 3 8% Feb. 19 Feb. 9 32 Mar. 1 5% Jan. 20 2% Feb. 16 13% Mar. 17 7% Feb. 9 104% Feb. 25 % 5% 2% 10% 5% Jan. Mar. 15 17% Mar. 5 4 'M Mar. 13% Mar. 3% Sale 26% *2% 10% Sale Jan. Mar. % Mar. 55% Mar 26 %, Sale Mar. 3 53% Mar. 9 7% Feb. 1 17% Mar. 23 6% Mar. 15 %6 13% 38% 9% 115% Sale 3% Sale 40% Sale 99 8 125% Mar. Sale % Mar. 14% 9% Mar. 3% Sale 47% 49% 3% Sale 9 Sale Sale Sale 100% 99% 1 Mar. 4 Sale 3% Mar. Mar. 4 28% 49 % Jan. 140 51% Sale 99 99 33 3 102 Mar. 23 97~~ Sale" 3 7% Mar. 1% Mar. 32% Mar. 2 Sale 49% Sale Sale 46% Mar. Mar. '54"" 48% 3% OX 10 Jan. Jan. 5% Mar. 6 2% Mar. 13% Mar. 17 Mar. 22 ■aI* 48 Jan. 4 8 9% Sale 112% Sale 68 4 37 39X X Sale 26% 5% 2% 10% Sale *£ 41 6% Mar. 6% Sale 13 37 9 5 S Mar. 17% Mar. 23 7 6% Mar. 1% Mar. 22 95 15% Sale 4% Sale Xs Sale WX Sale 49 Mar. 40 29 133 Ms Mar. Mar. 5% Mar. 13% Mar. 7% Sale 9 39 50 Mar. '8 12% 1 6% 27% 30% 154% 109% 25% 3 Mar. 6 Mar. 13 Mar. 2 Mar. 1 1 Mar. Mar. 11 Mar. 13 Mar. 9 % Mar. Feb. Jan. Mar. 13% Mar. 12 Jan. Mar. 4 X 9% 27% 8% 110 Jan. Jan. 1 4 Jan. 3 55% Mar. 7 105% Feb. 36 4 Jan.. 19 14% Mar. 2 17% Jan. 23 6% Jan. 3 2 5 21 1 15 13 15 19 22 8 Mar. 2 Jan. 5 140 Mar. Jan. 8 4 27 5% Jan. 114 4% Feb. i# 20 5 Jan. Jan. 18 Mar. 13 Mar. 29 65 Jan. 3% 38 % 50 Mar. 22 Jan. 14 Jan. 29 5 Jan. 20 Jan. 13 Mar. 30 38% Mar. 31 Jan. 18 Jan, 25 69 Feb. 10 H 4% Jan. Mar. Jan. 55 Mar. 10 69 Mar. 22 78% Jan. 3% Mar. 29 5% Jan. 47 Mar. 12 50% Jan. 2 2% Jan. 4% Feb. 6% Feb. 17 9% Mar. Jan. 27% Feb. 11 30 1 3% Mar. 4% Jan. 26% Mar. 19 28% Mar. 6 101% Mar. 94% Jan. 96 Jan. 6 102% Mar. 1% Jan. 11 6 % Jan. 9% Mar. 8 6 4% Jan. 25 42 1 6 7 16 14 21 1 31 6 25 1 4 31 2% Feb. 23 1% Jan. 26 Mar. 13 Jan. 21 Feb. 23 Feb. 24 Mar. 11 12% 6% 18 Jan. 7 28% 29 Mar. 11 33% 133 Jan. 19 154% 108 Mar. 31 114 7 26 24% Jan. 2 % Mar. 23 1 Mar. 10 Mar. 1 31 Jan. 21 5% Mar. 10 35 Jan. 15 Feb. 17 Jan. 28 Pub 500 Singer Mfg Ltd Am dep rets ord reg shs_. £1 100 Sioux City G At E 7% pref.100 F«r footnotes soe page 53 m Sale .......* 24,900 Simmons H'ware Ac Paint Co * 883 Singer Mfg Co 100 1,700 aW 16% Sale 42% Sale of Can...* Shreveport Eldorado Pipe Line stamped 24,500 300 52% 5 31 100 pref A A A 1,185 Sherwin-Williams 50 Sale 103 15% Selfridge Prov Stores, Ltd— American dep rets 2,300 £1 20,800 Sentry Safety Control——1 .....* 11,700 Seton Leather com. 146,800 Seversky Aircraft Corp.....l 199,000 Shattuck Denn Mining.....5 17,400 Shawinigan Water Ac Power.* 22,950 Sherwin-Williams Co com..25 Sale 41 "14" Sale" ......5 $5.50 prior stock ....* Allotment certificates..... 420 12,800 91 a?* Sale Sale 7h 8X 1X Sale 32 X Sale 5 % Sale 2X Sale 11% Sale 55^2 33 Mining—1 Simmons-Boardman 100 18 St Lawrence Corp A $2 conv pref ... 16,700 1,400 160,400 75,200 2,050 73,700 600 3,200 7,600 29,500 63,800 4,700 6,100 190 75 2% 3X 13% Sale 18 14 44 X * Ltd......* —50 423,200 St Regis Paper Co.. 5 3,375 7% preferred 100 900 250 7,2501 8 125 Royalite OH Co Ltd 1,600 35,300 1,700 6,550 Sale Sale X 65 Sanford Mills Co common..* 450 5X ..... 15,500 Savoy OU Co...............5 ..* 8,200 Schlff Co com * 7,300 Schulte Real Estate com 7.350 ScovlUe Mfg Co .....25 26,800 17,400 12 X 6 20 600 5X Sale 2% Sale 350 Rochester G Ac E 6% pref. 100 1,800 3,600 "2.806 7X Relter Foster Oil Corp..... Reliance El & Eng Co 43 X Sale 50 X Sale Sale 4 Reed Roller Bit Co new Rogers-Majestic class A... 1,300 20,600 Sale 25 41X Sale \ 370"" Sale 5% 6 6% Sale" 5% Sale 316 5% 100 6% Sale 33% Mar. 24 5% Mar. 10 315 333 63 Mar. 29 345 Mar. 5 6 Mar. 5 5% Mar. 30 315 Mar. 29 370 5% Jan. 100 Feb. 3 7% Feb. 15 Jan. Jan. 2 6% Feb. 18 7 100 Jan. 48 In Since March Jan. 1 Shares Shares Price Jan. 2 Smith (L Bid : Ask 140 1,300 :f Lowest Highest Sale Prices Sale Prices •v. C) Ac Corona Typewriter v 28 X t c Mar. 12 24 1*2"" Sale" 28)4 25)4 203* Jan. 18 4034 Feb. 9 293* Mar. 30 634 13* 634 2734 22 25 22 23 27 31 5 234 Jan. 19 834 Feb. 15 2934 Mar. 10 28 Jan. 14 4134 Jan. 4 834 Feb. 19 2734 Jan. Sale 634 Sale 13* Sale r283* 28)4 2 Sale 734 Sale 283' 2834 27 2734 73* Sale 2734 - 28 2634 Sale 3834 "5)4 15X 53* Sale 7V; 634 Mar. 13* Mar. 634 Mar. 2734 Mar. 2634 Mar. 3834 Mar. 63* Mar. 83 100 7% preferred.... 30 Highest Sale Prices Mar. 22 25 22 23 27 31 29 2 293* Mar. 30 7 Mar. 15 234 Mar. 6 83* Mar. 3 Mar. Mar. Mar. Mar. 2634 Mar. 3834 Mar. 534 Jan. 2934 Mar. 10 2734 Mar. 3 3934 Mar. 9 834 Mar. 3 Mar. 83 2 83 Mar. 4 2 7 83 Mar. 15 Mar. 2 Jan. 73* Mar. 534 Feb. 1034 Feb. 21 13 20 11 V< 60 South New Engl Telep Co. 100 7,400 Southern Pipe Line .10 22,300 Southern Union Gas com...* 31,900 Southland Royalty Co—...5 14,000 South Penn Oil...........25 .50 1,350 So West Pa Pine Lines Spanish Ac General Corp Ltd Am dep rets ord reg shs__£l 56,600 Am dep rets ord bear 2,400 1£ 15,700 Spencer Chain Stores * 18,700 Square D Co class A pref j * 4,100 Stahi-Meyer Inc com ....* 11,100 Standard Brewing Co _...* 15,600 Standard Dredging com....* Conv preferred... 12,250 * 5,050 Stand Invest $534 pref w w..* 52,800 Standard Oil (Kentucky)..10 3,400 6,800 4,400 3,700 350 26,400 'll 1,700 5,600 3,850 1,000 2,500 2,800 1,150 2,200 22,300 . / . 5,400 1,100 19,400 •.1 •. '• ■»>;''Vi*:; 70,900 1,900 800 ..... i 9,700 127,300 3,800 900 13,400 900 1,000 18,300 1,100 90,200 """loo 1,000 Standard 634 434 Sale Sale 934 Sale ; 44 43 "45"*" Sale" % Sale m ■ 9 34 37 X Sale 4 534 44 Sale 34 Sale % Sale % Sale sg sal? 34 134 934 Sale 5 434 4 34 34 Sale 43* Sale Sale 45 4334 Sale 4 434 X Sale 1834 Sale Sale 54 19 X Sale Mar. 6 63* '"83* ""9" 9 334 Mar. 24 834 Mar. 25 4334 Mar. 24 34 Mar. 9 , 159 Jan. 22 160 5 Jan. Jan. i 4 73* Mar. 13 4 34 x934 47 40 Mar. 5 Mar. 4 Mar. 11 Mar. 1 2 6 834 Mar. 25 4334 Mar. 24 34 :\( Mar. 9 9 Mar. 1 34 Mar. 22 Mar. 2 34 Mar. 22 Mar. 31 83* Feb. 18 34 Mar. 834 Mar. 41 1 Mar. 23 33* Mar. 8 34 Mar. 1 434 Mar. 29 163* Mar. 29 53 Mar. 30 Mar. 8 Mar. 2 % Mar. 12 ty± Mar. 1 1834 Mar. 3 5 % Jan- , 53 1134 Jan. 333* Jan. "1934 Sale" 2034 Sale 1934 Mar. 3 133* 133* 423* Sale 133* Sale 13 4 1334 Mar. 1 45 Mar. 11 8 105 Mar. 25 104 8 5 Mar. 30 1934 Jan. Jan. 28 Jan. 19 1 6 363* Jan. 5 334 Feb. 11 34 Jan. 5 4 34 Mar. 29 1534 Jan. 5 603* Mar. 11 203* Mar. 22 48 42 27 Mar. 1 134 Mar. 2 Jan. 2 4734 Mar. 8 434 Jan. 14 • 10 Jan. 23 534 Jan. 5 29 1 19 Jan. 6334 Jan. 14 203* Mar. 22 •• Standard Oil (Nebraska) 25 59,700 Standard OH (Ohio) com..25 625 5% pref 100 342,300 Standard Power 8c Lt com..] Class B common * 23,500 Preferred. 2,850 1 24,300 Standard Products Co 577,400 Standard Sliver Lead.......I 275 ; ■ 5)4 5 ~9X ""9)4 11H 37 X 10434 5)4 534 63 21 12 Sale 1053* Sale Sale 104 673* 60 Sale Sale Steel Spring Co__* 6 534 105 53* SalQ 5 Sale 66 1934 Sale 59 57 22 2234 3* Sale 3334 Sale 104 34 Sale . 32 8 33 Sale Mar. Mar. 29 634 Mar. 2 Mar. 2 Mar. 8 59 183* Mar. 34 Mar. 3134 Mar. 73* Mar. 18 15 22 27 Mar. 8 183* Mar. Mar. 1 Mar. 2 jJ Jan. 3134 Jan. 1934 Mar. 1 6 Feb. 18 III Mar. Mar. Mar. Mar. 29 434 Mar. 22 5 6 Sale Mar. 423* Mar. Sale 105 43 104 Sale Standard Tube class B_____l 1053* Jan. Jan. Jan. 693* Jan. Feb. 25 Feb. 36 Jan. 8 Mar. 434 Mar. Mar. 30 Mar. 73* Mar. 11 21 13 14 7 1 25 28 30 Standard Wholesale Phos¬ phate & Acid Works 20 Starrett (The) Corp v t c. .1 1934 Sale 7X 7 34 9 Sale Mar. 15 25 20 634% preferred........100 52,700 Sterchi Bios Stores Inc.....* 1,600 1st preferred............50 2d preferred 3,750 20 "4.200 350 1,450 37,700 975 . 7,100 11,600 23,400 3,100 2,400 72,200 2,700 49,700 ...l 30,600 Sterling Brewers lnc 128,700 Sterling Inc............. —1 7,775 Stetson (John B) Co com. 49,500 Stinnes (Hugo) Corp..... II5 44,650 Stroock (S) 8c Co Inc ,_.* 76,400 Stutz Motor Car Co—... II* II* 15,100 Sullivan Machinery Co 2,900 Sunray Drug Co common. III 1 318,200 Sunray Oil 6,800 5)4% conv preferred.... .50 10c 173,300 Sunshine Mining Co 625 Superior Port Cem B com. Swan-Finch Oil Corp 3,500 5,200 2,300 I 158,300 8,400 34,100 121,500 136,200 "634 " 634 4)4 Sale 2H Sale Sale 26 X 195* ile * .........* Tampa Electric Co * com 225 50 9,425 16,700 700 37)4 Sale 38)4 1 Texon Oil 8c Land Co. * 100 ..100 112 .....2 6 1 Tishman Realty 8c Constr..* 33 Sale Sale Sale Sale Sale Sale 2 Sale 27 Sale 18 1834 434 Sale 493* 203* Sale 203* Sale 16 73* Mar. 22 93* Mar. 2 2034 Mar a 2 2034 Mar. 2 103* Sale 10 393* Sale 383* Mar. 19 1234 Mar. 6 1134 Mar. 8 3934 Mar. 8 1534 Mar. 17 1134 Sale 734 734 534 Sale 1034 Mar. 23 734 Mar. 18 534 Mar. 19 Mar. Mar. 19 Mar. 8 20 Sale 203* 103 293* Sale 134 Sale 223* 24 18 19 43* Sale 483* 4834 1934 Sale 18 Sale 1234 112 1334 Sale Feb. 93 18 107 Jan. Feb. 2034 Mar. 634 103* 24,200 Tobacco Prod Exports Tobacco 100 300 500 600 2,250 5,250 Am dep rets ord reg sh*..£l Am dep rets def reg......5s Todd Shipyards Corp .._.* 900 Transwestern Oil Co 49,160 20,200 Sale 2534 Jan. 134 Mar. 233* Mar. Mar. Jan. 16 Mar. 10 123* Mar. 98 Jan. 1834 Mar. 18 22 Mar. 25 123* Mar. 25 14 3 .12 109 Mar, Mar. 22 Mar. 31 1134 Jan. 3634 Mar. 134 Mar. 24 Mar. 11 1834 Feb. 53* Jan. 6434 Mar. 6 Mar. 703* Mar. 8 .103* Mar. 16 6 834 Mar. 19 6034 Mar. 8 334 Mar. 11 1834 934 634 Mar. 10 Mar. 4 Mar. 8 Mar. 1 173* Mar. 22 173* Mar. 22 Mar. 1 Mar. 2 9 17 .12 634 4334 123* 834 Jan. 25 23 Jan. Jan. Jan. Mar. 3 8 11 Feb. Mar. 31 163* Feb. 4 41 Jan. 23* 534 24 634 7734 Jan. Mar. Mar. Feb. Jan. 14 11 L12 Mar. 108 , 434 Jan. 223* Mar. 2234 Feb. Jan. 4 1 193* Mar. 11 50 Mar. 18 Mar. 29 Mar. 3 Mar. 1 Mar. 12 Mar. Mar. 59 16 4 1634 3834 134 534 7 73 634 Mar. 19 634 Sal® 3 34 1 453* Jan. 1834 Mar. 108 m~3X "3Ji '"33* Sale" 1 Mar. 1 3634 Mar. 16 I34 Mar. 12 434 Mar. 27 1 19 X Mar. 534 Mar. 11 6434 Mar. 19 Sale 9 2 Mar. 9 3 1 363* 37 134 Sale 4 34 Sale 2234 Sale 53* Sale 17} SI Mar. 634 Feb. 26 2 53* Feb. 8 3334 Mar. 2 23* Jan. 7 28 Feb. 15 27 34 Feb. Jan. 2 1 1334 Feb. 23 734 Mar. 4 Jan. Mar. Sale Sale Sale Sale Sale 5 1 203* Jan. Mar. 6 4934 Mar. 223* Mar. 203* Mar. Sale 67 Jan. Mar. 24 134 534 1934 534 634 Sale 5934 Sale 1534 163* 93* 10 10 434 Jan. Mar. 11 5 Jan. 434 Mar. 18 38 1834 33* 21 43* 51 523* 173* 183* 334 43* 5534 Sale 173* 3 1834 12 11 10 8 Jan. 2 734 Jan. 26 73 Mar. 9 1834 Mar. 10 1034 Jan. 25 6034 Mar. 33* Feb. Sale 3 Mar. 22 3 59 Mar. 31 51 X 134 434 133* 234 Sale Mar. 18 103 1103* Mar. 134 Sale 434 Sale 2 Sale 534 Sale 10 Trl-Contlnental Corp Warr_. Mar. 22 Mar. 24 101 Sale 234 Sale 234 Sale 173* Feb. 26 3 53 4 59 pref.. 100 .210 7% preferred A 100 61,000 Tonopah Belmont Develop..1 26,000 Tonopah Mining of Nev 1 73,200 Trans-Lux Plct Screen com.1 900 Mar. 36 2 Feb. 1334 Feb. 5 393* Jan. 5 1534 Mar. 17 66 Jan. 5 4 Jan. 9 183* Jan. 9 Secur Trust Co Ltd 150 Toledo Edison 4% 4- 21,500 8,100 23,200 * 16 48 153* Sale 750 TobaccoAc Allied Stocks 650 5,900 2734 Mar. 29 134 Mar. 10 233* Mar. 24 107 934 Jan. 1034 Mar. Mar. 10 Mar. 15 Feb. 11 Feb. 27 93 6 4 1 Mar. 33* Mar. 23^ 1434 Sale Sale ~V2% Sale" 9H 23 '"33* ""434 Mar. 22 1334 Mar. 18 7334 Sale Thew Shovel Coal Co com..* Tilo Roofing Inc 123* 73* 634 2434 4J4 11034 Sale 12 Technicolor Inc common...* 390 Texas P & L 7% pref 45,800 25,450 52,100 6,400 ..... 1134 Sale 14 Tastyeast Inc class A new__l Taylor Distilling Co 103 2034 49 Swiss-American Elec praf. 100 Taggart Corp 1934 "15"" Sale lis 45,500 Teck Hughes Gold Mines 775 Tenn El Pow 7% 1st pref 9,300 . 110 9)4 Sale 103 . 375 300 80 120 18f* 23,300 Sterling Aluminum Prod. —1 18,300 13,500 32,900 3,500 14,300 47,200 66,700 13,400 18 25 1634 Feb. 73* Jan. 50 Steel Co of Can Ltd ord.....* Stein (A) Ac Co com % 134 434 1334 23* Sale Sale Sale 234 Mar. Mar. Mar. Mar. Mar. 2 Mar. 18 2 115 23 19 % Mar. 1 Mar. 1 2 23 53* Mar 31 334 Mar. 29 3 Mar. 11 Mar. 18 1 Feb. 26 Jan. 4 3 59 Mar. 18 105 Mar. 2 115 Jan. 16 % 2 Jan . 2 53* 434 Jan, 6 1334 1334 Mar. 31 3 23* Mar. 18 101 1103* 34 134 Feb. 26 Mar. 31 Feb. 18 Mar. 18 Jan. 25 Feb. Feb. Mar. Jan, 26 26 29 22 Triplex Safety Glass Ltd— 100 Am rets for ord. shs. 100 18 42 17 4 1634 Mar. 30 9 Feb. 11 1634 Sale • 2934 Mar . 4 1534 Jan* 4 313* Feb. 17 73 1 3 60 Jan. 4 753* Feb. 13 Jan. 42 reg.. 500 Am dep rets ord new 200 Trunz Pork Stores Inc 500 9 11 834 10 834 10 Mar. 4 934 Mar. 1634 Mar. 30 934 Mar. 4 17 2434 Mar. 11 Jan, 18 Mar. 4 93* Mar. 4 Tubize Chatlllon Corp— 25,700 4,300 10,600 4,800 55,000 121,600 22,350 Common 1 1634 Sale 2834 Sale Class A 1 6134 Sale 834 Sale 1134 1134 1734 18 73 Sale 83* 12 Sale 69,400 Tung Sol Lamp Wks com... 1 21,600 80-cent div pref.... * 235,400 Twin Coach Co..»...^*..*„* 26,800 Ulen & Co 7)4%.pref 7,600 5% preferred 21,900 Unexcelled Mfg Co 1 nc 2,800 600 5,000 K) Sale 334 4 2834 Sale 6834 72 834 Sale 1234 Sale 68 '"334 Sale" Mar. 10 734 Mar. 22 1034 Mar. 23 233* Mar. 18 243* Sale 634 Sale 25 25 534 Sale 1ft Mar. Mar. Mar. 25 63* Mar. 4 2 53* Mar. 33* Mar. 5 3 2 Mar. 434 534 23* Sale 9 1234 Mar. 31 2634 Mar. 9 Mar. 10 110 Union El Lt 8c Pr 7% pref. 100 " 3~,400 10,800 Union Gas of Canada ..... * 163* Sale 16 Sale 50 Union Stk Yds of Omaha. 100 50 Union Traction Co 50 14J4 Sale ... ""434 "T" "5"" 2034 Sale 2534 27 11 51 12 59 J4 ... 1334 Mar. 25 1634 Mar. 85 Mar. 24 85 25 Mar. 24 734 Mar. 22 1034 Mar. 23 1634 Jan. 6 534 Mar. 25 43* Mar. 2 234 Mar. 10 1134 Feb. 133* Feb. 2634 Mar. 8 934 Feb. 634 Feb. 1 8 9 1 43* Jan. 7 1133* Jan. 9 1143* Feb. 23 183* Jan. 21 1334 Mar. 25 Mar. 24 85 85 Mar. 24 United Aircraft 8c Transp—- 3,600 17.500 3,600 17,800 14". lOO 54,900 Warrants.. ...... 25 263* Mar. 30 303* Mar. 6 193* Jan. 934 Mar. 17 1134 Mar. 4 934 Jan. 13* Mar, 31 Mar. 4 303* Mar. 6 United Chemicals Inc— Common $3 219,100^ 1,001,800 5,200 29,300 25.400 160,400 16,400 175 250 United Gas 134 1 common 425,500 15,100 76,100 1,075 ;; 400 $7 1st non-vot pref.......* * United Lt 8t Power com Common class B $6 1st pref. ..* Sale 6234 534 63* 115,200 11,300 United Shipyards com cl B.i United Shoo Mach com....25 2,880 Preferred..........^....25 Preferred. 133,700 U S Foil class B. 20,500 U S 8c Internat Sec 60,200 61 $3 preferred. ...» United Molasses Co Ltd— Am dep rets for ord reg Unit Profit Sharing com 1st preferred with U S Lines Inc preff .... * 10 com....* warr 134 .* * 51 1034 1334 Sale" 119 Sale 334 Sale "1154 Sale" 2<X Sale Sale Mar. xll Mar. 934 Jan. 1143* Mar. 234 Jan. loll 14 234 Sale 8934 Sale Mar. Sale 53 Sale 32 65 73 60 70 334 Sale 9234 Sale Sale 734 834 1734 Sale 234 Sale 92 23* 93 Sale Mar, 30 Mar. Mar. 53 28 Jtf 893* 4 r Sale Sale 92 Sale 3 Mar. 10 673* Mar. 30 7% Mar. 31 1% Mar. 11 12 Jan. Mar. Jan. 6634 Jan. 534 Jan. 11 134 Jan. 7 1134 Feb. 1 734 Mar. 31 134 Feb. 15 3 2 2 12 84 Mar. 23 38 Mar. 24 473* Jan. 26 1531 2] 8934 234 Mar. 22 4 434 Mar. 13 TV' 13 Mar. 4 17J4 Mar/ 4 234 Mar. Feb. Mar. 923* Mar. Mar. 24 $423* Mar. * Jan. AW 124 iiij Jan. • 2 xll 12 Mar. 10 434 Jan. 28 963* Jan. 28 Mar. 10 1534 Mar. 22 234 Mar. 1 8934 Mar. 29 Far footnotes see page 53. Mar. 334 Mar. 24 84 Mar. 23 Sale 38 16 Feb. 19 9!* Mar. 734 Mar. 293* Mar, 18 673* Mar 30 134 Mar. 24 41 163* Sale 234 2 3* 89 9134 234 234 13 X 3 5 28 Jan. 16 Jan. 25 Jan. 18 Jan. 18 7534 Jan. 18 Feb. 11 45 Feo. 9 75 Mar. 91 8 8 12 1334 33* Sale 88 Mar Mar. 7 734 Sale 134 13* 9 Mar. Mar. Sale 12 Mar. 8 33 7 1*4 1334 Mar, 16 Sale Sale Sale 13* Mar. 3 1034 Mar, 23 143* Mar. 31 23* Mar, 22 Mar, 29 Mar, 12 Sale 834 834 6134 634 13* 14 59 13* Sale 91 3234 68 660 38,800 234 Sale 2834 16,700 3,075 9,100 Sale United MUk Products com..* 200 <■ 120 83* Sale ....... 134 634 *11 "15"" Sale 83* Sale 100 4,700 134 .....* 1,400 23,800 9,400 VW 60 j A...* 5,800 6,400 1,800 JW SO * Warrants. 320 United G 8c E 7% pref... 100 220 2,000 partlc pref........* United Corp warrants... 100 United Elastic Corp 100 81.800 cum * , :;v "1 _ .! Lowest Sale Prices ' Ask Ask Bid Bid Smith (Howard) Paper Co..* 3,000 Solar Mfg Co 1 64,600 Sonotone Corp 1 13,300 Soss Mfg Co 1 11,300 Sou Calif Edison praf fl.__.25 6,100 !*J4% prefclassC 25 1,240 5% original pref 25 6,000 Southern Colo Pow cl A..25 ;2 30 Par March 31 March 1 1937 < RANGE SINCE JAN. 1 PRICES IN MARCH NEW YORK CURB EXCHANGE STOCKS (Continued) <26,725 1,025 125 3,000 14,900 9,300 5,600 1,600 EXCHANGE CURB SALES AGGREGATE ■ YORK NEW 3 Mar. 9 9334 Mar. 9 Jan. Jan. Feb. Jan. 8 4 183* Feb. 3 Mar. 5 8 933* Jan. 26 434 Mar. 13 ' 'A AM', A ■ * NEW April, 1937] In I March Since Jan. 1 Shares 850 Soares 2,000 33,500 3,700 90 4,800 29,000 68,400 320 3,120 7 1,150 400 1,500 5,800 4,950 434,900 8,825 1,800 300 35,700 1,200 50 350 ' 2,700 6,800 42,100 3,200 4,300 950 130 2,000 3,700 5 * pref 4,000 98,100 5,500 167,900 25,000 27,600 8,900 42,000 17,850 100 25,800 3,000 54,500 14,100 15,200 8,900 19,600 2,950 100 150 3,650 4,200 220 360 210 2,610 Highest Lowest Highest Sale Prices Sale Prices Sale Prices 30 2854 Mar. 23 32)4 Mar. 1454 1354 Mar. 17 954 Mar. 54 Mar. 29 9)4 Mar. 23 16 14 Sale 95-s Sale Sale 11 1 Sale Sale Sale 16 Sale Sale 354 Mar. 22 45a Mar. 9 1754 Mar. 22 3)4 Sale if* Mar. 12 Sale 19 1754 18)4 1154 Sale Class B..........._......* Walker Mining......... J Wayne Knitting Mills 5 Wayne Pump Co common...1 Wellington OH Co common..1 Wentworth Mfg Co.. 5 New— 4% 4Y 87 87 V 1% Sale 4% Sale 1% Sale ,3 354 24 Sale 3 24 7 Sale 2% Sale 14% Sale 1654^1654 8 "1% ""554 2154 3% 954 1054 154 csVX 454 Sale 12 Sale 254 Sale 1454 Sale 1054 28 10^ 27 9 Sale 72 Sale 44 Mar. 23 Sale 954 354 10 1)4 Mar. 12 Mar. 154 554 154 3% 241 Mar. 8 Mar. 2 2 „ 2 Mar. 16 454 Mar. 10 Mar. 8 Mar. 1 Mar. 22 4154 Mar. 46 Sale 10 1254 Mar Mar. 75? Sale Sale 1754 "1854 30 8 7% Mar. 31 9)4 Mar. UH Mar. 16 Mar. Mar. 6 10154 Mar. Mar. 2 17 Mar. 11 Mar. 105 Sale 31 Mar. Mar. 85 89 8 7 Sale 2854 3 3 354 Mar. 1254 3 117 3454 Feb. 23 Jan. 14 16 Mar. 11. Mar. 10 Jan. j 8 1)4 Jan. Jan.1 6 Jan. Feb. 5 Feb. 23 Jan. 28 Mar. 25 1254 Jan. 30 18 10 Feb. 8 Mar. 31 25)4 154 6654 254 Jan. Jan. Jan. Feb. 100 11 354 Mar. 27 103% 6 Mar. 20 8954 454 Jan. 80 154 Jan. 6 454 Mar. 24 1% Mar. 31 Jan. 5 Mar. 31 3 19 12 12 *' 2 6)4 154 3% 28)4 Jan. 2 Jan. 18 Feb. 18 Feb. 19 Jan. 28 Mar. 8 Feb. 4 Jan. 9 Jan. 16 Jan. 25 Feb. 3 Jan. 16 Mar. 18 Jan. 28 10)4 Feb. 15 73 Feb. 16 9)4 Feb. 5 Jan. 354 Jan. 25 Jan. 12 Jan. 11 100 1854 Feb. 3 Jan. 25 754 Mar. 23 2)4 Mar. 9754 Mar. 18 16)4 Mar. 2 Mar. Mar. 23 Mar. 17 % Jan. 3)4 Jan. 454 Jan. 55 7 Mar. 45 114 30 1 10)4 Mar. 954 Mar. 6 . 4 Sale 1154 88 Mar. Mar. Mar Marl 18 9)4 Mar. 7054 Mar. 2754 Mar. Sale 8 Mar. 17 6% Mar. 6 86)4 Mar. 4 9)4 Mar. 22)4 Mar. 7)4 Mar. 20 Sale 4 18 14)4 Mar, 23 '^75l Sale" Sale 2854 *1554 754 Sale 1054 Sale 2854 Sale 17 2954 Sale Mar. 22 7 254 Mar ^6)4^754 21 Sale; Sale 35*" 55 Sale 254 Sale ,854 21 2 754 Mar, 23 96 7)4 - Mar. 31 Sale 854 Sale 62 63)4 7 % Sale 2 Sale 95 Sale 11 4 Sale 6 76)4 Mar.1 354 Mar. Mar. 15 Sale 1 *29)4 Mar. 16 Mar. 24 Mar. 31 Mar. 4)4 3% 8 Mar. 20 8454 154 Sale 6 Mar. Sale 154 Sale 954 Sale 6954 70 1.25 Western Air Express Corp, Western Auto Supply com A * Western Cartridge 4% pf.100 Western Grocery com.....20 Western Maryland Ry— 7% 1st preferred 100 Western Tablet Ac Stationery Common.... .....* Mar. Mar. 5 2854 1354 754 Kt Mar. 6 Mar. 1 Mar. Mar. 23 1754 Mar. 25 Mar. 27 101 100 Sale Sale . 15 2)4 Mar. Sale Sale Mar 20 Mar. mm—mm— 54 11)4 1 )4 4)4 5% Mar. 22 Mar. 22 654 * Sale Mar. 11 Mar. 10 Mar. 31 Mar. 22 * v t c 200 Wahl (The) Co common....* 2,000 Waitt Ac Bond Inc class A..* *-"900 Sale Sale Sale 14 Sale Sale v t c 10,600 Waco Aircraft Co 8,600 Wagner Baking com - 10 Sale 12 'i~H Sale Utah Apex Mining Co Utah Pr 8c Lt $7 305,000 Venezuelan Petroleum.....1 460 Virginia Pub Serv 7% pref 100 9,500 Vogt Mfg Corp.............* 1,300 285 135 1 common..1 V t c conv pref.. 1,300 5 38,100 Venezuela Mexico Oil......10 4,600 24,000 Ask Universal Products Co......* 20,500 Valspar Corp 10,600 ~754 Sale Sale Lowest Sale Prices March 31 Ask Bid 3254 Sale Universal Insurance.. .....8 Universal Pictures com Bid 31% Sale Universal Consol Oil Co...lO 42,200 Utility Equities com .......* 1,700 Priority Stock...........* 29,500 Utility Ac Ind Corp com .* Conv preferred 64,000 .........* 164,800 (Jtil Pow Ac Light com.......] Class B common..........1 11,600 25,750 7% preferred 100 12,300 March 1 'Ask Bid , Utah Radio Prod com......* 190 Utlca Gas 8c Elec 7% pf 100 900 , Jan. 2 1937 STOCKS (Concluded.) RANGESINCE JAN. 1 Price mew york curb exchange 10 3,200 U S Playing Card com 1 2,000 U S Radiator com new 89,900 U S Rubber Reclaiming....* 25,500 U S Store* Corp com........* $7 Conv let pre! * 1,680 24,000 United Stores Corp com vtc • 162,300 United Verde Extension..50c 331,600 United Wall Paper.........2 > : PRICES IN MARCH SALES AGGREGATE 49 EXCHANGE CURB YORK Mar. 22 Mar. 23 1 94 14 10 Jan. Feb. Jan. Jan. Jan. Feb. Mar. Feb. 34 Jan. Mar. 10 Mar. 12% Jan. Mar. 25)4 Feb. Mar. 75i Mar. 30 13* Mar. 854 Jan. 71 Mar. Jan. 101 Feb. 10254 Jan. 2154 Mar. 1654 Feb. 654 Jan. 2254 4% 11% 2* Jan. 19 454 954 1)4 2)4 7 Feb. Mar. Feb. Jan.; 30 5 J* 29 23 25 23 19 22 3rH 31 13 117 19 8 16 6 19 11 Mar. 6 98 Mar. 6 29 Mar. 25 29)4 Mar. 6 28)4 Feb. 27 32 Feb. 3 91 Mar. 95)4 Mar. 5 554 Mar. 17 8754 354 754 9)4 9554 554 854 1254 1% 9)4 Mar. 5 Mar. 17 10 Jan. Jan. Mar. Jan. West Texas Utilities Co— 700 360 69,500 W Va Coal Ac Coke "2"306 500 Williams (R C) Ac Co .* 11,700 Williams Oll-O-Matlc Htg.__* 21,800 Wil-Low Cafeterias com.. 1 4,500 3,200 2,200 91 84 preferred.............* 33,200 10 15 49,500 Wolverine Port Cement 82,200 Wolverine Tube Co com 33,000 Wocdley Petroleum Corp 4,200 12,600 5,500 5 754 Sale 9)g 154 Sale 754 Sale 6654 5754 1454 15 9,900 Convertible preferred... 9,000 Wilson Jones Co com.......* 2,700 Wilson Products Inc.......l 200 Winnipeg Electric class B * 1 30 Wisconsin P Ac L 7% pref-100 1,300 9154 Sale Sale 454 Sale 754 8)4 * com 954 Mar. 31 Sale 1 154 654 554 53 13 4)4 Mar. 554 854 55 1454 1 Mar. 1 554 Mar. 1_ 52)4 Mar. 30 13)4 Mar. 23 8§" Mar."l9 10 1 6 654 7 1654 Sale 954 Sale 16 18 % Mar. 22 Mar. Mar. Mar. Mar. Mar. 554 45)4 13)4 6 Mar. 19 654 Mar. 88 10 29 16 31 Mar. 12 1 90 Mar. 15 Jan. 9 Mar. 23 Jan. 8 Mar. 19 Feb. Feb. Jan. Jan. 60 Feb. 15)4 Jan. 11 2 26 25 20 11 18 95 8 8)4 Feb. 1 1854 Feb. 10 12% Jan. 15 1054 Mar. 30 5)4 Jan. 1354 Jan. 854 Jan. 19)4 Mar. 10 754 Mar. 6 1954 Mar. 7)4 Mar. 19)4 Mar. 10 754 Mar. 6 23)4 Jan. 854 Jan. 70 Mar. 3V Mar. 80)4 Mar. 10 454 Mar. 11 64)4 Jan, 6 2)4 Jan. 19 80)4 Mar. 10 454 Mar. 11 18 1554 Mar. 23 Sale 9 1054 Sale 10)4 154 7)4 5754 1454 Feb. Jan. Feb. Mar. Mar. 1 Mar. _ 4 4 6 Wool worth (F W) Ltd— 2,100 52,500 7,500 Am dep rets ord shs new 5s. 165,200 Wright-Hargreavee Ltd.... 2254 23% 754 Sale 20 12,900 93,200 38,400 Youngstown Steel Door....* 168,700 Yukon Gold Co 5 66 67 70 Sale 3 3 Sale 254 20)4 754 Sale 1954 754 Sale 79. Sale 3% Sale 1 1 7 16 BONDS 12,000 Abbott's Dairy 4s 1942 1,580,000 Alabama Power 4H* 1947 251,000 1st At ref As...!! 1954 578,000 5« 1968 260,000 1st 5a 1946 509,000 1st At ref 5a * 1951 437,000 Aluminum Cos f dob 5s .1952 348,000 aluminium Ltd 5s ..1948 48,000 Amer Elec Pow deb 4S...1957 1,006,000 Amer Gas Ac Elec deb 5s ..2028 4,000 Deb 5s called .2028 American Power At Light 345,000 110,000 135,000 111,000 154,000 127,000 16&,000 v 370*555 2,000 ■ 104 9254 10354 9754 10454 J08 10854 10454 106 106 % 35 10754 106 Sale 104% Sale 103 88 100) 9354 10554 10354 105)4 10354 10454 Sale Sale 9954 101)4 84 Sale Sale Sale Sale 103 Sale Sale Sale 10654 106 Sale Sale 3554 Sale 106)4 107" Sale Sale 106 100)4 Mar. 105)4 Mar. 105 Mar. 106)4 Mar. 106)4 Mar. Sale' 105 54 "Mar." 13 167 XMar." Sale 106)4 102 84 Jan. 11 104 Jan. Mar. 23 Jan. 95 98)4 Mar. 18 105)4 Jan. Jan. 96)4 Mar. 25 103 Mar. 24 10854 Jan. Jan. 100)4 Mar. 24 105 105% Mar. 11 10654 Jan. 105 Feb. 15 107 Jan. Feb. 32)4 Jan. 30 37 Jan. 10554 Mar. 13 107 Jan. 105)4 Mar. 16 106 Mar. Mar. Mar. 98)4 Mar. 9054 Mar. Mar. 105)4 Mar. 16 105)4 Mar . 7 14 6 11 13 2 2 21 15 4 2 ■ . 2,131,000 6a 2016 98,000 Amer Radiator deb 4HS..1947 724,000 Amer Rolling Mill 5a 1948 79,000 American Seating 4s stpd 1946 333,000 Appalachian El Pr 5a 1956 85,000 Appalachian Power 6a 2024 36,000 5s ...1941 791,000 Ark Louisiana Gas 4s....1951 1,036,000 Arkansas Pr At Lt 5s 1956 1,246,000 Associated Elec 4548 .1953 104,000 Assoc Gas At Elec 454* 1948 1,215,000 6s 1968 2,000 Registered.......... 209,000 SHslnvctft .1988 1,000 554slnvctfsreg ....1938 1,164,000 #Hs series C 1949 98,000 554* 1977 1,115,000 Conv deb 5s 1950 99,000 Aosoc Rayon Corp 5a....l950 407,000 Assoc Tel Ac Tel 5)4* A....1955 107,000 Atlanta Gas Light 4)4a..I955 388,000 35,000 367,000 29,000 150,000 14,000 14,000 306,000 328,000 355,000 28,000 357,000 102*000 1,000 265,000 42,000 297,000 13£666 18,000 iArt . }02 Sale . 10454 Sale 10354 Sale 105 Sale 10454 10454 11954 Sale 108 10854 }0154 102 10454 Sale 6454 Sale 56 Sale 6154 Sale 101 104 1 Sale 9654 Sale Sale 10554 105 103)4 Sale 10254 Sale 107 105)4 1045 10554 105% 113 11454 10954 107 10854 10654 9954 101)4 Sale 99 )4 10354 Sale Sale 59)4 6054 57 59 Sale 5454 Sale 59H Sale Sale 111 107 Sale Sale Sale 94)4 Mar. 104 Mar. 102)4 Mar.; 10554 Mar. 10454 Mar. 109 106 99 Mm*. Mar. Mar. 9854 Mar. 5754 Mar. 101)4 105)4 10354 108)4 Mar. Mar. Mar. Mar. 166 Mar. 11354 106)4 102)4 103)4 6154 Mar. Mar. Mar. Mar. Mar. 58 59 Mar. Mar. 71" Mar.' 75 Mar. 73 52 73 Mar. Sale 54 Sale 5154 Mar. Mar. Mar. Jan. Mar. Jan. Jan. 109 Mar. 106 Mar. 99 Mar. Mar. 5754 Mar. 54 Mar. 5154 Mar. 94)4 103)4 102)4 104)4 104)4 59 77 7854 ----- 73 74" 71"" "73" ----■ 56 Sale 66 68 6154 Sale 10014 Sale .8854 Sale 104 % 105 90 Sale, 10254 Sale 160 171 182 166 Sale 188 > 64 55 62 Sale Sale Sale 57 Sale 571 62 J Sale 601 8754 Sale 23 Mar. 3 Mar. 12 Mar. 12 Mar. 12 60 53 86* Mar. 20 100 Mar. 11 207 190 Mar. 207 198 198 193 Mar. 177)4 Mar. 177 Mkr. 98 100 58)4 Mar. 6354 Mar. 60)4 Mar. 12 22 22 Jan. 23 24 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan; Jan, Jan. Feb. Jan. 12 12 12 29 Mar. 23 86 100 5 Mar. 19 Jan. 2 5 Mar. Mar. Mar. Feb. Jan. 9 Mar. 4 52 Mar. Jan. 25 71 73 60 53 90)4 Mar." 103)4 Mar. Jan. Jan. 18 Mar. 3 23 3 12 12 12 11 29 Mar. 11 4 16 21 7 8 8 20 8 5 8 8 8 2 17 21 Baldwin Locomotive Works 300,000 694,000 616,000 3,310,000 325,000 282,000 78,000 54,000 6,000 758,000 200,000 117,000 29,000 32,000 121,000 265,000 270,000 1,378,000 164,000 103,000 31,000 9,000 137*065 46,000 49,000 1,000 13,000 i 97,000 242,000 303,000 31,000 419,000 92,000 148,000 40,000 48,000 49,900 563,000 193,000 334,000 172,000 •* ■ 6s with warrants 6s w w 1938 stamped.......1938 6s without warrants...1938 6s x-w stamped.. ...1938 Bell Tel of Canada 5s 1955 1st M 6s ser B June 1 1957 5s aeries C ... 1960 Bethlehem Steel 6s—...1998 153 115 123 Sale Sale Sale 207,000 Central Power 5s ser Central Pow At Lt 5s Cent States Elec 5s 554* D..1957 ...1956 85 492,000 Cent States Pr Ac Lt 5 tts.1953 87 MX MX 107 107)4 108 94)4 Sale 90"" "9054 83 95 78)4 Sale 80 9254 103)4 103 112 10354 10254 104 113 Sale 112 Sale Sale 1045 Sale Sale 112 11254 103)4 Sale Sale 104 103 90 95 69 721 Sale 103 Sale Sale Sale Sale Sale 74 Mar. Mar. 114)4 Mar. 137)4 Mar. 90 74 Mar. Mar. 9454 1055 MX 102 110 113 91)4 Mar. 106)4 10854 105)4 Mar. 104)4 106 10654 106)4 Mar . 10654 10754 106 98 103 1948 1954 Sale Sale Sale 139)4 14154 136)4 137 145 105 1956 Sale 218 218 Sale Sale 11154 Sale 11654 Sale 11554 118 141 Buffalo Gen Elec 5a ..1939 113 119 Sale 120 10554 107 9854 Sale 1st At ref 5s**... Mix 179 195 194 123J4 124 BlnghamtonLHAcPAs—1946 Birmingham Elec 454* 1968 Birmingham Gas 5s.....l959 Broad River Power 5a A..195S 1953 224,000 Canada Nor Power 5s 546,000 Canadian Pacific Ry 6S-.1942 .1956 739,000 Carolina Pr At Lt 5s_ 93,000 Cedar Rap Mfg Ac Pow 5s. 1953 967,000 Cent IU Pub Serv 454* F.1967 5s series E 1956 172,000 5s Series G...........1V68 341,000 454* series H 1981 166,000 130,000 Cent Ohio Lt Ac Pr 5s A..1950 2,624,000 703,000 1,440,000 15254 155 109)4 10254 Sale 11254 Sale 9854 103 104)4 10254 103 Sale 10154 98 )4 10054 101)4 100 10354 104 io& 92)| Sale 9554 Sale 65)4 Sale 66)4 Sale 70 Sale. Mar. 101 109 102 Mar. Mar. i 11254 11154 Mar. Sale 9454 Mar. Sale Sale 100 98 Mar.i Mar. 9554 Mar. %$x 93 Sale Sale Mar. 8654 Mar. Mar. 89 63 Sale 6154 Mar. Sale 6454 Sale 68)4 6754 240 240 Mar. 22 Mar. 22 Mar. 22 225 227 Mar. 22 113% Mar. 2 119 Mar. 120 Mar. 140 Mar. 95" Mar. 3 83 Mar. 1 Jan. 22 240 Jan. 22 240 22 Jan. 225 227 6 22 Mar. Mar. Feb. Mar. 115)4 Jan, 124 Jan. 125 Jan. 145 Jan. 10554 Jan. 99 Jan. 8854 Jan. 91)4 Mar. 27 101% Jan. 158 146 143 110 13 Jan. 22 Mar. 24 Mar. 22 113 114)4 Mar. 24 13754 Mar. 25 5 10554 Feb. Mar. 29 90 74 Mar. 17 103)4 Mar. 11254 Mar. 10454 Mar. 113 1025 104 _ 18!M 96 67 Mar. 6754 Mar. 72 1 Mar. 22 Mar. 1 Mar. 13 Mar. 4 Mar. 6 Mar 3 Mar. 1 Mar. 1 Mar. 4 Mar. 5 Mar. 6 . IP 2 8 101 109 102 111 Mar. 8 Mar. 27 Mar. 23 Feb. 25 94 Mar. 18 Mar. 24 100 Mar. 19 98 95% Mar. 18 Mar. 31 100 Mar. 22 89 Mar. 16 61 Mar. 23 65 Mar. 12 Mar. 22 footnotes see page 53. 22 5 9 18 14 11 22 19 9854 Mar. 16 21 Jan. 30 106 105)4 Mar.; 3 105 Feb, 2 106)4 Mar. 22 106)4 Mar. 11 107)4 Jan, 7 100 61 65 158 I Jan. Jan. Jan. 20 12 2 Mar. 22 Jan. Jan. Jan. Jan. Jan. Feb. Jan. Jan. Jan. Jan. 18 11 5 20 25 3 18 7 8 23 . NEW 50 PRICES IN MARCH 8ALE3 AGGREGATE In Since March Jan. 1 Jan. 2 :' y.! • ■ •>! ;•»/' •. •-.-r"; s; 47,000 126,000 68,000 36,000 119,000 27,000 14,000 89,000 122,000 62,000 476,000 130,000 123,000 304,000 4,867,000 1,000 516,000 1,779,000 226",666 39,000 506,000 194"666 Ask BONDS Bid 4H« series A..-.———1970 6s series B__—_—. .1961 1045* 106 Chicago 111 104 J* Sale 105 107 1956 98** Sale 108** Sale series A Chic Pneum Tool Chic Rys 5s 5H«—1942 ctfs of dep_.1927 Ry 5 H si052 Cincinnati Street 6s serleB B ...1955 5s........-1966 5s........—1950 1002* 101** deb Sale 104 78*6 Cities Service Conv 103*6 Sale 104*6 105 Midland Ry— 81 5H*..1942 113.000 Cities Serv Gas Pipe L 6s.1943 1,894,000 Cities Service P Ac L 5HI.1952 1,000 5^8 registered ...1952 5H« gold deb 1949 904,000 Sale 72*6 100*6 102*6 76** Sale Sale 104 Sale 76 79 *6 Sale Registered Cities Service Gas 103 Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices 31 Ask Ask Bid Bid Chicago Junction Rys Ac Union Stock Yards 5s.. 1940 s March March 1 1937 198,000 6,000 94,000 5,000 RANGE SINCE JAN. 1 Price NEW YORK: CURB EXCHANGE (Continued) Chicago Dlst El Generating • CURB EXCHANGE YORK 103*6 Mar. 30 104*6 Mar. Mar. 104*6 Mar. 23 105 4 95 Mar. 18 98*6 Mar. 3 95 106 102 Mar .23 Mar 11 Mar. 23 Mar. 31 Mar. 15 Mar. 23 108** Mar. 1 106 95 103 74 69 101 97 103 101*6 101 71 76*6 742* Sale 74 J* Sale 69*6 Mar. 22 76*6 103 Sale Sale Sale I6l"" Sale' 155*6 Sale" 155** "Mar." 18 101*6 102 H im 102 2* 103 103*6 104 75** Sale 75 2* Sale 1033* Sale 72 Sale 103 Mar. 16 104 25,000 94.000 26,000 54,000 72,000 77,000 472,000 106,000 121,000 131,000 *■■■ 129,000 1,092,000 660,000 - S. ! 353,000 -• 5s series 1937 4M«—I'57 A.........—1953 5s series B_._.........1954 51 Bank 5H« Commonvr Edison 4Hs series C...... ..1956 4a series F ........1981 55*6 Sale 55 102 69 8 Mar. 9 Mar. Mar. I 97 100 71 Mar. 692* Mar. 20 75*4 Mar. 762* Mar. 110*1 50 64 110** 111*6 Sale Sale Sale Sale 109 110j| 110*1 106 106 Sale 105 104 Sale 102** ** Sale Sale 110*6 11026 109** 51** 108*6 11026 11026 56 Mar. Mar. Mar. Mar, 111 Mar. 102*6 Mar. 1002* Mar. 109 Jan. 9 Mar. Mar. Mar. Mar. Jan. 4 12 23 110 11 104 23 84 31 101 27 105 Jan. Jan. Feb. 14 Mar. 23 82 Jan. 69*6 Mar. 22 83 Jan. 10 16 7 8 80 80 Feb. 4 Jan. Feb. 4 Feb. 17 Jan. 75 80 Feb. Jan. 17 8 56 Feb. 2 111** Jan. 8 69*4 Mar, 22 1 Mar. 10 51** Mar. 3 108*6 Mar. 110*6 Jan. 110*6 Jan. 11026 Mar. 111 Mar. 18 100 Jan. 7 100*4 Mar. 18 103 102*6 Jan. 7 104 Feb.18 7 69*4 Mar. 20 79** Jan* Mar. Sale" "692* Mar."22 Jan. 26 Feb. 23 Mar.116 Mar. 4 Feb. 10 Jan. 29 Feb. 9 Jan. 11 Jan. 4 112 111 110*6 Mar. 106** Mar. 3 1 Mar. 111 Mar. 1 102*6 Mar. 100** Mar. 106 106 Mar. 29 Mar. 1 102** Mar. 80*6 Mar. 104 Jan. 90*6 Jan. 11 8 101 130 13 104 109 ;Y .[vS;:HS 'S'vviS'l ■ 'i'Sil • >' 395,000 Com'w'lth Subs id 5 Hs A.1948 728,000 Community Pow Ac Lt 5s.1957 283,000 Community Pub Serv 5s A1960 1951 15,000 Conn Ltg Ac Pow 7s A 13,000 Consol Gas of Bait As....1939 4H s ..1954 45,000 194,000 ..'SSSSI 149,000 169,000 4,000 8,000 9.000 103 128 103*6 Sale 86 Sale 822* Sale 98 Sale 99** Sale 127 12826 1263* 131 110 10726 108*6 107 121 125 118** Sale 103*6 Sale Sale 85 H Sale 100*6 101*6 130 109** 111 124*6 127 102** Mar. 12 104 8026 Mar. 97 Mar. 127 Mar. 107*6 Mar. 118** Mar. 110,000 321,000 2,000 101,000 2,000 41,000 723,000 36,000 34,000 30.000 39,000 41,000 103*6 Sale 1971 33*8 series N 99*6 Sale *: [yS'SSSlS' - 2,959,000 36,000 5,000 265,000 111,000 68,000 87,000 38,000 32,000 19,000 864,000 322* 98*6 1943 6s A stamped Continental G Ac El 5s ...1958 94** Sale 102*6 1032* 962* 99 , 78*6 81 series C—1952 6s series A 1949 88,000 117,000 Delaware Elec Pow A H*—1959 18,000 Denver Gas & Elec 5s__—1949 106*6 108*6 1950 558,000 Detroit City Gas 5s B 6s series A ....1947 419,000 354,000 Detroit Int Bdge 6 Hs—1952 106 Sale Dallas P Ac L 5s Eastern Gas & Fuel 4s A. 1956 663,000 Edison Elec Ilium 3*6 8—1965 2,240,000 2,146.000 ....2030 Elec Pow At Lt 5s 22,000 Elmlra Wat L« At RR Aa—1956 66,000 El Paso Elec 5s A—.....1950 1952 331,000 Empire Dlst Elec 5s 31,000 Empire OH At Refining 5 H«' 42 217,000 Brcole Marelll Elec 2,000 373,000 178,000 45 95*6 Sale 1 Mar. Mar. 97 127 107*6 Feb. 118** Mar. 99 Mar. 23 103*6 Mar, Mar. 95 Mar. 103 108*6 1072* 109 10526 Sale 10526 Sale 10*6 Sale 102* Sale 3*6 Sale 32* Sale 101*6 Sale Sale 10*6 4 3 102 _ 22 94*6 108** 93 2* 108*6 10326 Sale 1082* Sale 113 104** 103 1032* 922* Sale W53 1967 63 Sale 105*6 106 Farmers Nat Mtge Inst 7s.l963 29** Federal Water Serv 5^8-1954 91 6s stamped............1961 44,000 210.000 Firestone Cotton Mills Ss.1948 94,000 Firestone T At R Cal 5s..1942 26,000 126,000 29,000 3,000 748,000 First Bohemian Glass 7s. 1957 7,000 1,999,000 453,000 961,000 158,000 162,000 184,000 399,000 39,000 22,000 11,000 9,000 215,000 8.000 2,000 Florida Powar Ac Lt 5c—1954 Gary Elec At Gas— 5s ext stamped ........1944 Gatlneau Power 5s 1956 6a 1941 6s series B 1941 56.000 Gen Bronze 49,000 433,000 41,000 8,000 8.000 433,000 577,000 33,000 3,000 395,000 12,000 212,000 7,000 59,000 11,000 deb 6s_1940 Gen Pub Serv Go 5s 1953 Gen Pub Utilities 6H« A.1956 Gen Rayon Ltd 6s A___ 1948 Gen Vending Corp 6s....1937 Ctfs of deposit...... < 135",006 conv Gen Wat Wka Ac El 5s A..1943 1967 1978 1,771,000 Georgia Power ref 5a 176,000 Gsorgia Pow Ac Lt Aa 9.000 Gesfuerel6s...... ......1953 Glen Alden Goal 4s......1965 1,216,000 352,000 Gobel (Adolf) deb4*6a ..1941 379,000 Grand Trunk Wast Ry 4s 1950 14,000 Grsat North Pow is stpd 1950 1945 173,000 Grocery Store Prod 6s 40,000 Guantanamo At W Ry 6a_l958 Guardian Investors Corp— 90*6 104*6 9126 109** 105 Sale Sale Sale 111 103 Mar. 104 Sale 106** Sale 105*6 Mar. 10 Mar. 10** 10*6 8*6 Mar. 8*6 9*6 3*6 Mar. 326 4** 326 Mar. 3*1 32* 101*6 Mar. 101*1102 8826 Sale 1023* 87** Sale Sale 106 108 104 Sale 10326 104 102*6 102*6 99*6 Sale 89*6 Sale 90*6 Sale 70 107 63 68 71*6 107 *6 1062* Sale 31*6 30*6 912* 90 90*6 85 101** 102** 102*6 103*6 104 94 Sale 95 100** Sale Sale 97*6 Mar. 15 995* 100 100*6 105 95 J* Sale 68 70*6 24 24 28 94 104 95 87 "86*6 85 104 26*6 Sale It* Sale 88 1042* 107** 109 87*6 90 58 61 Sale 101 100*6 Mar. 15 : Sale Mar. 6 99 99*6 Sale 101*6 Sale 99 992* Mar. 12 992* 100*6 101 Mar. 29 94 Sale 94 99 932* 1022* Mar. 2 1012* 102** 102*6 104 Mar. 30 88*| Sale 95*6 Sale Mar. 12 78 74 77 76 ,74 24 25 Mar, 2 26 26 24*4 212* 2526 28*6 96 Sale 100 84 Sale 252* 86*1 852* 29*6 Sale 93* Sale Sale 20 n* 87** Sale 102** 1002; 106 26 10626 109 101 90 Sale 58 61 6926 72 55*6 64** 70*6 104 36,000 161,000 5,000 4,000 109,000 18,000 13,000 1,000 58,000 6,000 154,000 556,000 9,000 25,000 478,000 62,000 Sale 108*6 109*6 108 Sale 101 100*6 38,000 59,000 44,000 103,000 129,000 444,000 430,000 9,000 61,000 10,000 133,000 1947 130,000 Idaho Power Co 5s 263,000 Illinois Central RR 6S...1937 108 110.000 Illinois Nor Utll 5s 399,000 Illinois Pow Ac L 5Ha 5Ha series "B"_ 316.000 1957 106 1957 1954 96*6 Sale 10526 105*6 1052* 106 1938 5s stpd..1947 105*6 99 Hamburg Elec Co 7s_ 1935 Hamburg El Ac Und Ry 5^s'38 E) Ac Co 4s 1946 w.1943 w w. Houst Gulf Gas 6^s w 68....................1943 3,000 Hungarian-Ital Bk 7 Ha.. 1963 277,000 Hygrade Food 6s„ser 6s series B 45,000 A 1949 ..1949 6a series A—.........1953 792,000 is series G—.........1956 1,212.000 5s registered 1956 9,000 Indiana Elec Corp6t A--1947 223,000 aeries B_. ,.1953 53,000 ........1951 Indiana Gen Service 5s..1948 26 25 28 24 155"" 100*6 101** 101 103 104*6 1042* "78"" "79"* 772* 80 109 101*6 1012* 104 108 Sale 105 96 105*6 Sale 99** 100 109** 110 104*6 106 77 Sale 378,000 683,000 Ind'polis P At L 5s 105 110,000 20,000 42,000 29,000 565,000 , sar A—1957 76** Sale 8126 82*6 Sale 83 Sale Sale 25 19 61 67*6 103 "88"" Mar." 11 9524 74*6 212* 7926 Mar. 11 Mar. 29 65*6 Mar. 22 8*6 Mar. 2 3 2 2*6 Feb. Sale 107*6 Sale 107*6 Sale 1062* 9826 10526 105*6 106** 96 Sale Mar. 99 [03 96 77 Mar. 25 115 103** Jan. 4 Mar. 18 5 5 a30*6 Feb. 1 o30*6 Feb. 83*| Mar . 23 932* Jan; 13 2 1 Mar. 27 Mar. 1 Mar. 22 9 13 102*6 Feb. 103*6 Mar. 29 105** Mar. 3 Jan. 7 103** Jan. 14 105 Jan. 10 94 Jan, 9 96 90*6 Mar. 10 100*6 Jan. 4 97*6 Mar. Jab. 5 100*6 Mar. Jan. Mar. Jan. 21 25 21 13 99 98*6 Feb. Jan. 94 Mar. Jan. Feb. Jan. 101 23 Jan. 24 Jan. 88 Mar. 95** Mar. 9 74*6 Mar. 212* Mar. 79*6 Mar. 2 Mar. 10 Mar. 2 3 83 26 25*6 Feb. 97 Mar. 972* Mar. 106*6 Jan. 88 Mar. 55 Mar. 65*6 Mar. 22 Mar. 12 23 Mar. 25 20*6 Mar. 29 Mar. 97 29 Mar. 5 Mar, 9 Mar, 30 Mar. 9 Mar. 3 Mar, 31 Mar. 1 106*6 Mar. 100 106 17 1075* Mar. Mar. 107 1062* Sale 93 97*6 99*6 110 1102* 110 1562* 105*6 10626 106 Sale 71 75 Sale 71 75 Sale 72*6 74 762* 762* 78 105*6 Sale 1032* 1052* Sale ----- 96 110 Mar. Mar. Mar, Mar. Mar. Mar. 11 Mar. 4 Mar. 25 Mar. 25 107 Mar. 29 962* Mar. 2 Mar. 23 110 Mar. 17 105*4 Mar. 18 75 Mar. 18 75 Mar. 18 Mar. 23 Mar. 29 Mar;, 1 Mar. 98 1 772* Mar. 17 Jan. 5 Feb. 16 75*6 Jan. Jan. 18 27 23 Mar. 12 Jan. 29 Mar. 22 104*6 Feb. Mar. 13 102 Jan. , 4 8 5 106*6 Mar. 17 109 Jan. 7 Mar. 12 101*6 Jan. 4 107*6 Feb. Jan. 4 Mar. 23 992* 100** Mar. 30 106*6 102 Mar. 22 106*6 97 Mar. 15 104** 101** Mar. 8 102*6 1012* Jan. 11 105 104*6 Mar. 19 106*6 92** Mar. 22 99 107 90*6 109*6 105*6 68*6 68*6 75 Feb. Mar. Feb. Mar. Mar. Mar. 3 Mar. 29 12*4 Mar. 2 9 Mar. Mar. Mar. 3 4 5 69 Jan. 291 Feb, 9 Feb. 16 2 Jan. 21 Jan. 11 Feb. 4 Jan. 8 Mar. Jan. 8 22 Jan. Jan. 20 14 18 107 Feb. 18 29 101 Jan. 8 24 110*6 Feb. 17 106 ** Jan. 3 18 18 Mar. 18 1032* Mar. 12 Mar. Mar. 12 106 88 26 Mar. 106 93 Mar. 12 5 105 102** Jan. 312* Mar. 9 32 762* Mar. 30 88*6 77 Mar. 31 86 H 100 Mar. 29 Jan. 21 102*6 Mar. 19 106 108 Mar. 17 109*6 Jan. 12 7 102*6 Feb. 9 98*6 Jan. 20*6 Mar, 29 97 Mar 22 98 Mar 13 Mar 3 Jan. [05** Jan. 89** Jan. 16 89*6 Feb. 3 [05 Jan. 5 L0656 Jan. 7 94** Jan. 23 62 Jan. 22 Mar, 12 3 Mar. 29 9 30 Mar. 22 Feb. 19 Jan. 88*6 Mar. 70*6 Jan. 2 Mar. 5 Mar. 13 2 73** Feb. 6 108*6 Mar. 101** Jan. LOO *6 Mar. 81 Mar. Mar. 93*6 Jan. 6 63 1 9 8 Mar. 23 103*6 Jan. 2 Mar, 17 30 104*6 Mar. 11 Jan. 105*6 Jan. 2 Mar. 30 Mar. 1 71*4 Mar. 8 27 Feb. 88 Mar. 91 58 22 98 ' 242* Mar. 96 7 0 2 2 5 12*6 Jan. 42* Mar. 4*6 Mar. 102 Jan. Jan. 106 6 20 132* Jan. 85** Mar. 17 95*6 Jan. Jan. 100*6 Mar. 23 109 86 Mar. 11 96*6 Jan. [01*6 Mar. 31 L01 Jan. Jan. 107 Jan. 100 99*6 Mar. 30 [03 Mar. 12 101 Mar. 22 107 93 Mar. 23 98*4 1002* Mar. 30 105*6 102 Mar. 22 1052* 97 Mar. 15 102*6 1012* Mar. 8 102*6 103 Mar. 22 1042* 103** Sale 103 104** 104*6 Mar. 19 106*6 93 9426 92** Mar. 22 97 100 Sale Sale 107*6 10626 107 95 Sale Sale 102 Sale Sale 1032* Sale Sale 98*6 Sale 102*6 Sale 101 98*6 Mar. 102*6 Mar, 19 1002* Mar 106 Mar. 3 Mar. 15 88 27 "22"" Mar. 21 Mar. 10 Mar. 27 55 108 Sale Mar. 16 Jan. 103 105*6 Feb. 22** Mar. 18 8626 Mar. 1 Mar. 22 87 2* Mar. 1 83 97 2* Mar. 23 [01** Mar. 8 106*6 Mar. 22 [06*6 Mar. 22 101 100 100 10126 104 104** 105 104*6 Sale 50 31*6 312* Sale 78 83*6 "85"" 762* Sale 77 77 83*6 Sale 107 1072* 102 Sale 152*6 Sale" 154"" 1542* Indiana Hydro>Elsc 5s A.1958 1957 31,000 Indiana Ac Mich El 5s 1st At rsf 5s 1955 19.000 623,000 Indiana Service 5S.......1950 1st lien At ref 5« 1963 289,000 99,000 Indianapolis Gas 5s A...1952 46,000 14,000 10,000 209,000 110,000 29,000 "28"" 27 Sale 9026 Sale 104*6 Sale Sale 106 11 108*6 Jan. 7 105** Jan. 11 109*6 Mar. 13 Mar. Mar. Jan. 16 Jan. ril Mar. 13 Jan. 19 Jan. 14 Feb. 1 Jan. 22 105*6 Jan. 10426 Feb. 106*6 Feb. 102** Feb. Mar. "55*6 47 98*6 93 ** 98*6 103 *6 100*6 80 Feb. Jan. 73Mar. Mar. 13 101 J* Mar. 6 102 103 h Mar. 29 105 J* Mar. 3 Mar. 6 103*6 Mar. 31 105 Mar. 3 94 Mar. 3 94 Sale 103 104 98 83*6 Mar. 23 3 Mar. Mar. 71 Mar. 2 71 106*6 Mar. 23 108*6 Mar. 99 99 Sale 68 5a aeriea C Mar. Mar. Sale Sale 101*6 103 3,000 165,000 98 88 99*6 Mar. 10 101 100 94 5s serles A———.—.1948 418,000 103*6 Mar. 94** Sale 103 101 98 Hackensack Water 5s A..1977 :! Mar. Sale 82,000 2,000 106 94 98 188,000 56,000 Mar. Mar. 23 104*6 Feb. 102 97 Mar. 11 50 101** 102*6 101** 102 1032* Sale 104** Sale 10426 104*6 103*6 Sale 31.000 Heller (W 86 6 11 84*6 Mar. 89*6 Mar. 91 Mar. 1042* Mar. 9126 Mar. 109*6 Mar. 104*6 Mar. 1022* Mar. 9026 Mar. 85** Mar. 100*6 Mar. 6 125*6 Jan. Mar. 95 Jan. Jan. 1092* Jan. 322* Jan. Mar. 29 Mar. 13 Mar. 1 Mar. 31 Mar. 3 103 Mar. 104*6 105 108** 1082* 108*6 Mar. 33,000 Hall Printing 6s A 99 5 1 93** Mar. 13 40 Mar. 95*6 Mar. Sale 86 84*6 Mar. 25 Sale 89*6 Mar. 18 95** Mar. 2 90 9426 Sale" 10226 Mar. 18 103*6 Mar. 11 10226 103*6 1022* Sale 97 Mar. 29 100*6 Mar. 1 982* 101*6 100*6 Sale 73 Mar. 30 78 r Mar. 2 78 77*6 70*6 74 Finland Residential Mtge 28 79*6 Jan. 7 78 Jan.- 7 82*6 Jan. 7 106**„Jan. IS Intercontinents Power Co— Deb 6s series A 1948 aeriea C.1955 182,000 (ntPow Sec 6 7s series E ....L......1957 143,000 7s series F__ 1952 67,000 For footnotes see page .".'i--; 3 2 8 8 Mfg 6 Hi 64,000 66.000 Erie Lighting5s.... 2,000 39,000 40 Sale Ctfs of deposit........ 173,000 25-yr a f deb 7s ....1952 111,000 Ctfs of deposit........ 95,000 1937 71,000 Dixie Gulf Gas 6Hs 299,000 522,000 11,000 31,000 199,000 311 97; 6H1 with warrants—.1943 1st At coll 68 ser \ 1943 1940 107,000 Crucible Steel 5s 88,000 Cuban Telephone 7Hs_.1941 67,000 Cuban Tobacco 5s....... 1944 22,000 53. 'A,-, :Y^'Vv; 30 99*6 Mar. 15 128 J* Mar. 23 108*6 Mar. 8 118** Mar. 40 Consol Gas Utilities— :: 86 22 Consol G E L Ac P Bait— "v'C^ "'-v <;y.-; " 1 8 Mar. 72*6 112 110*6 Sale 11026 111** 11026 111 111*6 112 J* 110*6 110*2 110*6 111** 1965 106*2 3fis series H Mar. Mar. 75 "75** "76** "76** Sale" Commers und Privat ■ 103*6 Mar. 30 106 104*6 Mar. 23 105 4 ; vy 132* Sale 69 72 74 112* Sale 71 74 76 Sale 80 77 81 77 80 9 67 10 Mar. 13 74 70 68 77 75*6 Mar. 29 70 70 81 77 70 9 69 Mar. 29 Mar. 29 Mar. 13 14*6 Jan. 14 Jan. 21 75*6 Mar. 29 83*6 Feb. 70 81 8 10 Mar. 29 77 Feb. April, 1937] appreciate NEW YORK CURB sales In Since March Jan. 1 EXCHANGE PRICES IN MARCH RANPE SINCE JAN. 1 NEW YORK CURB EXCHANGE March 1 $ BONDS {Continue 70,000 International Salt 5s 725,000 (nternat Securities 5s March 31 ,764,000 631,000 1951 1947 Interstate Power 5s Debenture 1957 1952 6s Lowest Highest Sale Prices Sale 105 Mar. 20 107% 101% Mar. 1 102% 61 % Mar. 31 69% „ 50 Mar. 31 64 Lowest Prices Mar. 9 Mar. 13 Mar. 1 Mar.il Interstate Public Berries 359,000 5s series D............1956 550,000 4%s series P 1958 228,000 Iowa-Nebraska LAP 5s..l957 65,000 5s Series B 1961 85% Mar. 13 80 101 % 102% 37,000 Iowa Pow A Lt 4%s A 1958 269,000 Iowa Pub Serr 5s........1957 164,000 IsarcoHydro-El7s 1952 11,000 Isotta Fraschlnl7s ....1942 ,070,000 105 99% 69^ 75 Italian Superpower 6s...1963 58% 160,000 JacksonriUeGas 5s stmpdl942 130,000 Jersey Cent P A L5s B 4%s series C 1947 2,000 Kansas El Pow 3%a 1966 468,000 46 Mar. 22 52% Mar. 103 Mar. 9 104% Mar. 103 % Mar. 23 105% Mar. 1961 ... 91% Mar. 1 Mar. 13 83% Mar. 3 Mar. 24 104% Mar. 5 Mar. 5 Mar. 6 103 Mar. 22 105% Mar. 1 Mar. 17 104% Mar. 2 Mar. 23 79% Mar. 1 Mar. 18 80 Mar. 4 Mar. 31 66% Mar. 1 5 6 6 95 Mar. 22 97% Mar. 12 119% Mar. 17 120% Mar. 1 59,000 Kansas Gas A Elec as 202J 73,000 Kansas Power 5s A ....1947 551,000 Kentucky Utilities 5s 196S 501,000 5s ....1961 141,000 6%s series D 1948 64,000 5%s series F 1955 100 Mar. 19 102 89% Mar. 15 89% Mar. 15 103% Mar. 27 99% Mar. 23 103% Mar. 30 75,000 Klmberly Clark 5s A...«.1943 .93% 94% 107% 100% 103% Mar. 3 Mar. 6 Mar. 1 Mar. 1 Mar. 4 Mar. 13 Highest Sale Prices Sale Prices 105 Mar. 20 107% Jan. 18 100% Jan. 25 102% Mar. 13 61% Mar. 31 76% Jan. 18 50 Mar. 31 69% Jan. 11 85% Mar. 13 96 80 88% Jan. 22 Mar. 13 Jan. 101% Mar. 24 105% 102% Mar. 6 104% 105 Mar. 22 105% 99% Mar. 17 105% 66 Jan. 2 79% 23 4 80 Feb 9 Feb. 8 Jan. 23 Jan. 5 Feb. 23 Feb. 5 2 71 Feb. I Mar. 22 66% Jan. Mar. 9 105% Jan, 103% Mar, 23 105% Jan. 26 72 55 Jan. Jan. 46 103 95 Mar. 22 97% 119% Feb. 24 121% Mar. 19 104% 89% Mar. 15 99% 89% Mar. 15 99% 103% Mar. 27 107 % 99% Mar. 23 103% 103% Feb. 2 104% 100 7 18 Mar. 12 Jan. Jan. Jan. Jan. Jan. Jan. Jan. 18 19 23 15 16 25 21 Lake Superior Dist Power— 263,000 578,000 2,000 126,000 211,000 56.000 89,000 498,000 3% s series A Lehigh Pow Secur 6s Leonard Tlets Inc 1966 2026 Lexington Utll 5s 1952 Libby McNeill A Llbby 5s 1942 Lone Star Gas Corp 5s...1947 Long Island Ltg 6s 1945 Louisiana Pow A Lt 5s...1957 98,000 Manitoba Power 5H0....1951 Mansfield 1,000 7s 4,000 142.000 393,000 84,000 228,000 87,000 Mining A 1941 Memphis P & L 5sser A..1948 Co 4%s 1971 Power A Light 5S...1957 Miss River Power 5s......1951 121,000 180,000 Missouri Pub Serv 5s A..1947 128,000 Montana Dakota Utll 5%s *44 Munsoa 99,000 397,000 935,000 558,000 54,000 91.000 87,000 886,000 124,000 ,281.000 495,000 ,085,000 ,243,000 ,326.000 Steamship 103% 103% 104% 105% 105% 98 Mar. Mar. Mar. Feb. 104% Feb. 104% Feb. 99% 15 40 60 100 101% 103% 104 105% 102 93% 97% Sale 107% 108% 77% 78% Nassau A Suffolk LtA 5s. 1945 105% Sale Nat Pow A Lt 6s4'A" 102% 102% 93 93% 2026 Deb 5s series B ...2030 Nat Pub Serv 5s C O D...1978 Nebraska Power 6s 2022 4H> 1981 Nelsner Bros Realty 6s..1949 Nevada Calif Elec 5s 1956 New Amsterdam Gas 5s..1948 New Eng G A Elec Assn 5b1947 5s...*........„„w-..lf4« Conv deb 5s 1950 New Eagl Pow Assn fa 48 78% stamped,..........1942 6s series A ...1949 46,000 N Y Cent Elec 5%s 1950 41,000 N Y Pa A O RR 4%s stpd.1950 850,000 n Y P A L Corp 1st 4%a..l967 636,000 N Y State R A G 4%a. 1980 29.000 5%s 1962 25.000 NYA Westchester LtA 8i '54 48,000 4s 2004 68,000 Nippon Elec Pow 6%s 1953 388,000 Nor Amer LAP 5%s A 1956 185,000 Nor Cont Utll 5%s A 1948 50,000 Nor Indiana G A E 6s 1952 114,000 Nor Ind Pub Serv 5s 1966 231,000 5a series D.w..........1969 516,000 4%s R__ -.,......1970 . .rt 92 87% 103 Mar. 1 108% Mar. 19 Mar. 19 80% Mar. 2 Mar. 22 100% Mar. 4 86 96 92% Jan. 103% Mar. 98 195<> 4%s series D Ohio Public Serv 6a C 1953 86 5s series D 1954 107 75 95 Sale" 109 Sale 105% 103% 109% 104% 111 105 106 107% 103% Sale 99% Sale 103% Sale 1951 59,000 Oswego Falls Go 6s.. 1941 45,000 Pacific Coast Power 5a...l944 333,000 Pacific Gas A El 6s B 1941 Pacific Investing 5a A 94% Sale 101% 102 102 107 101% 115% 87% 102% 100 594,000 Penn Cent Lt A Pow 4%s 1977 60,000 5s 1979 430,000 Penn Electric 4a series F.1971 118 Sale Sale 105% Sale 105% 105% 137,000 Without warrants... 5%s series B ...1959 41,000 Penn Pub Serv 6s C 1947 25,000 5s series D ...1954 59,000 Penn Water A Pow 4%s.. 1968 207,000 5b 1940 624,000 Peoples Gas Lt A Coke 4s B'81 656,000 Peoples Lt A Pow 5s 1979 ... .193,000 Phila Electric Co 5s 643,000 Phila Elec Power 5 %s 1 96% Mar. 18 Mar. 10 8 95 Mar. 18 Mar. 18 99% 121% 84% 85 84% 101% 102% 3 9 6 8 3 16 7 21 20 4 12 16 22 22 22 7 12 86 Mar. 18 95% Jan; 21 79% Mar. 25 92 Jan. 22 102% Jan. 14 104% Feb 3 103 Mar. 18 109% Jan. 15 105% Mar. 18 106% Jan. 14 100% Mar. 22 104% Jan. 27 106% Jan. 2 107% Feb. 6 A Jan. 23 Feb. 15 103% Jan. Mar. 17 86% Feb. Mar. 18 25 5 20 10 10 Mar. 19 107 16 103% 2 105% 6 93% Mar. 16105 Jan. Jan. Jan. Jan. Feb. 108% Mar. 103% Mar. 105 Jan. 102% Feb. 97% Mar. 101 89 Mar. 18 100 Mar. Jan. Feb. Feb. Mar. Jan. Jan. Jan. Jan. 4 7 24 5 8 10 31 11 19 11 19 101% Jan. 5 102% Jan. 22 105% Jan. 4 108 115 Sale Mar. 20 106% 11 104% 20 110% 5 106% 2 106% 25 103% 23 100% 19 108% 5 23 19 Mar. 24119 Jan. 23 Jan. 4 94% Mar. 24 102% Jan. 8 115% Sale 88% Sale 82% Sale 102% 100% 102 102% Sale 99% Sale 105 Sale 104% 105% 99 Sale 95% Sale 113 Mar. 8 117 14 80 Mar. 9 16 2 2 18 105% 104% 106% 106% 105% 108% 103 Sale 105% 107% Sale 106 110 97 110% Sale 1972 111 98 Phila Suburb Cos G A E 1948 73 103 102 96% 106% 1 1 104% Jan. 107% 117% Sale 26% Sale 106 20 110 Mar. 18 113% Mar. 25 74% Mar. 19 72% Mar. 19 99 Sale 111,000 Phila Rapid Transit 6s_.1962 1st A refunding 4%e..l957 Piedmont Hydro-Electric Co Jan. Jan. Feb. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 108% Feb. 23 111 % Jan. 106% 103% 1966 549,000 6%s series A ......1960 19,000 Pittsburgh Coal 6s......1949 108 91 87% Jan. Psnn-Ohlo Edison 6s....1950 312.000 105% Jan. 2 107 98% Mar. 24 107% 85 Mar. 22 97% 46% Mar. 6 51 116% Mar. 31 126% 107% Mar. 17 108% 102% Feb. 102% 103 106% 106% 106% Sale 94% 95% 105% 106% 119 120% 102% 1 14% Jan. 102% Feb. 194ft 124,000 Without warrants 8,000 Pacific Ltg A Pow 5s 1942 ,454,000 Pacific Power A Light 5s.1955 15,000 Palmer Corp of Le 6s 1938 92 88 3 2 2 25 108% Mar. 19 69% Jan. 27 107% Feb. Jan. 14 100% Mar. 18 105% Jan. 26 98% Mar. 29 104% Jan. 12 101 % 1946 Mar. 18 2 Feb. Mar. 19 84% Feb. Mar. 22 100% Feb. 9% Feb. 23 55 104% Sale Okla Nat Gas 4%s A Conv deb 5s 311.000 Okia Pow A Water 5s A..1946 Mar. 2 Mar. 11 Mar. 16110 Mar. Mar .18 96% Mar. 5 18 100 104% 105 Sale 1 21 16 106% Jan. 87% 88% 104% 105 105 1 Mar. Jan. 99 92% Mar. 24 100% Jan. 105% Sale 103% 103% 1961 1 6 Mar. 9 7 5 17 92% Mar. 22 100% Jan. 84 Sale 1950 Mar. Mar. 5 Jan. 101 Sale 5 %s series E i Oklahoma Gas A El 5s Mar. 1 Mar. 100% Mar. 25 106 111% Mar. 22 112 87 io7% io§" 105% 11% Mar. 100% Mar. 22 104% Mar. 112% 113 102 103% 110% 110% 105% 105% 104% 104% 109 110% 104 104% 1945 Ohio Power 5s series B... 1952 3 Mar. 3 Mar. 25 104% Mar. 2 103 Mar. 18 105 Mar. 29 105% Mar. 18 106% Mar. 1 102% Sale 106% Sale 316,000 Ogden Ges Co 5s 147,000 Pittsburgh Steel 6a Mar. 79% Mar. 25 108% 109% 105% 106 103% 103% For footnotes see page 53 98 104 Nor States Power . 65,000 92% Mar. 22 86 92% 88 118,000 5\i% notes. ......1940 208,000 Northwest Elec 6s stpd_.1945 25,000 Northwest Pow 6s A I960 359,000 Nor*west Pub Serv Ss A..1957 144,000 105,000 -34,000 131,000 48,000 79,000 748,000 881,000 1 113% Mar. 25 116% Mar. 74% Mar. 19 82% Mar. 72% Mar. 19 81 Mar. 73 Mar. 18 80% Mar. 95 Mar. 18 99% Mar. 96% Mar. 18 101% Mar. Sale 19 1 108 91 Sale 31 2 105% Mar. 5 106 98% Mar. 24 104 85 Mar. 22 93% 46% Mar. 6 49 116% Mar. 31 122% 107% Mar. 17 108% 100% Sale 5%a.......„-.-...1954 101% 101% 16 30 Mar. 9% Mar. 24 1948 Mar. Jan. Jan. Mar. 24 107% Jan. 27 99% Jan. 13 97% Mar. 18 106% Feb. 17 102% Jan. 60 100% Mar. 25 105% Mar. 95 124% 129 107% 108% 109% 110 96% 96% 120% 121 78 78% 78% Sale 23 Mar. Mar. 8 3 Mar. 27 104 91 75 Sale Feb. Mar. Line 12% Sale 5s 50 100 102 26 105 91 22 Jan. 20 19 102 9 29 25 Feb. 19 Feb. 2 1 5 3 Mar. 8 17 97% Mar. 15 105 Mar. 31 Mar. 17 102 5 Jan. Mar. Jan. Feb. Jan. Jan. Mar. 26 Mar. Mar. Mar. Mar. 107 99% 100 16 29 116 86 95% Sale 22 23 24 1 18% 105 106 105 106 106% 24 98 Sale 105% 106 New Orleans Pub Serv— 298,000 615,000 16 Mar. 16 60 27 102% Mar. 16 30 103% Mar. 5 105% 91 27 94% 92% Mar. 24 97% 103% Mar. 18 106% 106% 106% 102 Mar. Mar. Mar. Mar. Mar. Mar. 17 Mar. 30 104 Mar. 29 116 105 102 Sale" 99% Sale 92% Mar. 12 101% Jan. Mar. 23 111% 18% 100% 103% 103% 105 104 105 106 105% 6%s ctfs of dep w W...1937 Deb 93 107 29 1947 Met Edison 4s series E Middle Sts Petrol 6 %s A.1945 Midland Valley RR 5a 1943 381,000 108,000 Milwaukee G L 4%s 1967 385,000 Minn Pow A Lt 4%s 1978 120.000 1st A ref 5s 1955 688,000 Mississippi Pow 5s—...1955 243,000 Sale Sale Smelt— Ex-warrants McCallum Hosiery 6%s._ 1941 McCord Rad & Mfg 6s 1943 Mem gel 101% 110% 7%s..l946 104 100 Sale Sale 107% 108% 105% 106 105% 106 108% ----- 93 24 Sale Sale 109% 110% 111% 108% Sale 98% 96% Sale 105% Sale 105% 105% 62% Sale 76 106% Sale 105% 108 110 105 105% 103% Sale Sale 70% 107 73 Sale Jan. 93% Jan. 99% Mar. 17 102% Jan. 98 Mar. 24 105% Jan. 104% Feb. 18 105% Jan. 95% Mar. 25 103 Jan. Mar. 22106 95 Mar. 19 105% 106 Jan. 2 107% 106 Jan. 11 106% 105 Mar. 6 106% 107% Mar. 24 111% 88% Mar. 18 100 22% Mar. 16 30% Mar. Jan. Mar. Jan. Jan. Jan. Jan. Jan. 9[ 9 22 23 25 0 19 15 18 Mar. 13 111 Jan. 18 108% Mar. 18 112 Feb. 20 93% Mar. 23 99% Mar. 15 110 105% Mar. 24 106 62% Jan. 2 77 106% Jan. 2 108 103% Mar. 31 107 Jan. 5 Feb. Jan. Jan. 19 19 7 NEW 52 ' CURB EXCHANGE Since In i. $ 5,000 70,000 38,000 51,000 19,000 17,000 29,000 1,000 s 29,000 447,000 111,000 147,000 109,000 84,000 85,000 6,000 Bid BONDS (Concluded)— Ask 2134 Pomeranla Eleo Co 4a.—.1953 7834 Portland Gaa 9c Coke 5a .1940 Potomac Ediaon 0a aer E.19B6 1961 aerlea F Sale 106 106 5* Can 4H* B 1959 79 7634 100 Power Securltlea Corp 6a. 1949 ...1954 Pruaalan Elec 6a Sale 106 Potrero Sugar 7a atampedl947 T ■' > March March 1 1937 Power Corp of 'v Jan. 2 Jan. 1 '' 10134 10034 1013* 25 2034 Bid Bid 19 2134 8134 1073* 1075* 79 i Lowest Highest Lowest Sale Prices Sale Prices Sale Prices 31 Ask ; 1854 Mar. 24 zl934 Mar. Mar. 25 833* Mar. Mar. 6 10734 Mar. Mar. 18 1083* Mar. 81 Mar. Mar. 27 Mar. Mar. 30 104 Mar. Mar. 15 102 18 Mar. 25 Mar. 1934 783* 102 1015* 225* 53.000 25,000 49,000 40,000 49,000 270,000 78,000 143,000 495.000 ' 163,000 192,000 33,000 32.000 51,000 Quebec Power 5a........1968 90.000 Queens Boro O AS 534«-1952 13,000 56,000 31,000 7,000 14,000 70,000 51,000 2,000 111,000 16,000 44,000 23,000 13,000 219,000 590,000 291,000 196,000 81,000 105 11334 10334 1956 4Hs aerlea D_......... 1978 434s series E 1980 434 a aerlea F 1981 434* aerlea I...........I960 5a 162.000 312,000 Pub Serr of Okla 4a......1966 1.807,000 Puget Sound P 8c L 534«-1949 5s series C............1950 702,000 4 Ha series D..........1950 929.000 80,000 34,000 100,000 8,000 20,000 144 6% perpetual certlflcatea Pub Serr of Nor Wa 0a C.1966 103?! 106 Sale Sale 923* Sale Ruhr Gaa Co 634s 130 Sale Sale 104 Sale 179,000 Safe Harbor Water Pr 434* '79 227,000 San Ant Pub Serr 5s B...1958 13,000 San Joaquin L & P 6a B..1953 1955 27,000 Sauda Falls Co 5s 87 , 2634 24 175* Sale 106 106 107 10634 13234 10854 110... Mar. Mar. 23 Mar. Sale 87 Sale Mar. 11 in 8634 Sale 82 Sale Mar. 18 8634 Mar. 104 li»5 90 263* Sale 223* 26 2234 16 16 173* Sale 107 1065* 107 106 10654 10334 12834 130 1085* Sale 110 ..... Mar. Mar. 16 19 11 10334 Jan. 105 27 Mar." 5 16 18 Mar, 1 Jan. 11 104 5 107 Jan. Jan. 27 Mar. 2134 Feb. 12834 Mar. 31 131 1085* Mar. 1 110 Mar. 29 Mar. 47 Mar. 33 Mar. 102 Jan. Mar. 10654 1015* 10154 10134 685* Mar. Mar. Mar. Mar. Feb. 19 18 4 21 5 17 Mar. 23 Feb. 19 Jan. 6 Mar. 24 107 Mar. 5 6 12 903* Feb. 24 155* Feb. 18 10434 Jan. 25 107® 102 2 5 2 Mar. 24 106 Mar. 1035* 87 Jan. 7 2234 Mar. 16 205* Feb. 10 1834 Mar. 23 10754 Mar. 30 Mar. 23 102 Sale Sale Sale 7 Jan. Mar. 12 1073* 105 3 Mar. 22 Mar. 31 2234 Mar. 16 5 102 25 213* Feb. Mar. 30 147 Sale 10334 Mar. 11 104 Mar. 22 106 10534 105 32 21 8 Mar. 2 Feb. 10 Mar. 5 1035! Jan. Mar. 16 10554 Jan. 99 Mar. 23 10534 Jan. 8734 Mar. 23 983* Jan. 83 34 Mar. 11 96 Jan. 7954 Mar. 18 923* Jan. 102 Sale Jan. 5 19 101 Sale 22 . 10354 Mar. 30 10534 Jan. Jan. 11054 Mar. 18 112 101 Mar. 17 10354 Jan. Mar. Mar. 16 Ja Mar. 15 14 10434 Mar. Mar. 23 1043* Mar. i0034 Sale . X5 Jan. 101 " 1025* Mar. Mar. 22 103 Sale 10534 107 863* 129 104 1035* Sale 22% 4 Mar. 30 10434 Mar. 16 2 Mar. 18 1113* Mar. Mar. 17 10234 Mar. 103 3* 104 105 ..... Feb. 102 10534 1953 1958 Feb. Mar. 16 Sale 2 5 5 18 Sale 10 Mar. 25 100 Mar. 30 137 11054 111 10234 1023* Sale 102 1033* 103 104 St Louts Gaa 9c Coke 4a__1947 291,000 Sale 105 Rochester Cent Pew 5a A 1953 Ruhr Housing 634* A 13634 10434 1113* 10254 10234 10234 103 54 1043* 9234 76 Sale Prices 23 Fe 27 1055* Jan. 20 10734 10434 Mar. 18 109 81 76 Mar. 4 9934 Mar. 30 104 25 , Highest 1034 Feb. 12 5 15 10 76 Sale 1053* 10634 1055* 10434 107 106 80 793* 79 101 99 9934 10034 10034 1005* 18 25 175* Pub Service Co of N J— " 205,000 46,000 135,000 93,000 125,000 468,000 1 Price NEW YORK | March RANGE SINCE JAN. PRICES IN MARCH SALES AGGREGATE EXCHANGE CURB YORK 12834 Mar. 31 132 1075* Feb. 23 110 Jan. 26 Mar. 2 Mar. 9 Saxon Public Works— 6a 1937 36,000 70,000 Schulte Real Estate 6s... 1951 1943 201,000 Scrippa (E W) Co 534* ..1948 6,000 Servel Inc 5a 344.000 Shawlnlgan W Ac P 434 s.. 1967 434a aeries B 1968 43,000 434s series D ...1970 143,000 1947 113,000 Sheridan Wyo Coal 6a 82,000 Sou Carolina Power 5a..1957 2025 Southeast P 5c L 6a 905,000 Sou Calif Ed 334*—May 11960 35* a series B July 11960 Debentures 334a......1945 1st & ret mtge 4a...... 1960 1,235,000 536,000 465,000 153,000 54,000 Sou Calif Gas Co 434s. ..1961 25 1025* 1035* 107" 103 104"" 103 104 10334 1043* 7134 6834 22 315* 2534 25 39 37 10234 Sale 92 Sale 10734 10754 Sale 107 Sale 10354 Sale 1075! Sale 101 10334 Sale 10434 Sale 1063* Sale 10734 1053* Sale Sale 33 Mar. 111 103 Sale 10334 1043* 104 85 Sale 83 101 22 Mar. Mar. 10354 Mar. Mar. 72 Mar. 100 107 100 1033* Sale 1005* Sale 109 105 10234 10634 1035* 10354 Mar. Mar. Mar. Mar. Mar. 92 93 100 Sale 10534 1063* Mar. 10234 10254 10654 106 10634 10254 Sale" 1015* 10334 Sale 103 10154 10334 10334 102 10134 10334 10354 10234 103 7034 7234 703* 7234 71 Sale Sale 100 22 Mar. 9954 Mar. 29 Mar. 47 Mar. Jan. 1035* 1065! Jan. 105 2 6 12 Feb. 9 10434 Feb. 3 20 105 Jan. Jan. Mar. 92 Mar. 72 101 Mar. 100 Mar. 1093* Jan. 23 11 108 108 107 Jan. 8 Jan. Jan. Jan. 6 18 Mar. 29 9954 Mar. 9934 Mar. 10334 Mar. 10354 Mar. 9934 Mar. Mar. 103 Mar. 107 Mar. 103 Mar. 104 Mar. 10734 Mar. 104 Mar, W Feb. 1043* Jan. 106 Mar. 29 6 A Southern Counties Gaa 1968 of California 43*a— 107,000 196,900 5 114,000 35.000 86,000 69,000 23,000 248,000 400,ObO 216,000 234,000 614,000 421,000 126.000 170,000 184,000 61,000 495,000 742,000 376,000 442,000 Southern Indiana Ry 4s. 1951 S'weatern Assoc Tel 5s A.1961 387,000 1,197,000 1,166.000 32,000 821,000 183,000 104.000 1,779.000 1,140,000 16,000 3,000 43,000 52,000 76,000 7,000 20,000 113,000 45,000 Southwestern L 9c P 5a..l957 Southwestern P 5c L 6s..2022 S'weatern Pub Serr 6s A. 1945 Standard Gas 5c Elec 6s..1935 6s Certifs of deposit...1935 1935 Conv 6s 6s Conv ctfs of deposit. 1935 6a 1951 6s 1966 10234 103 10334 Sale 995* Sale 1045! RR>* 89 RR>* 89 106 903* Sale 915* Standard Invest 634 a 1939 1013* Stand Power Be Lt 6a 1957 Sale 41 50 47 53 47 105 H 7s stamped.. .1936 5,000 7s 2d stamped 1940 40,000 7s stamped .........1946 12,000 7a 2d stamped ........1946 fcv 85,000 93,000 Super Power of 111 4>*s._1970 434a 1968 165,000 ...1957 17,000 Syracuse Ltg 5a B 1st Ac ref 534a 1954 46,000 ...... 421,000 248,000 1023* Sale 995* Sale 10554 107 1053* 10834 10834 Sale 10334 Mar. 8234 9734 Sale 81 Sale Sale Sale 89 Sale 1055* 9034 9034 9034 9034 88 Sale 88" Sale 88 Sale Sale Sale 9134 Sale 9034 Sale Starrett Corp 5s..... ..1950 Stinnes (Hugo) Indus— 85 Sale 883* Sale 885* Sale 863* Sale 1003* Sale Sale 85 3934 Sale Sale fehn Elec Power 5a......1956 9554 96 92 Tenn Pub Serv 5a.......1970 81 83 8034 Sale 106 Mar. 95 Mar. 87 95 Mar. 95 Mar. 85} 86 j 96 Mar. 88 Mar. 875* Mar. 8634 Mar. 8434 Mar. 96 7 8 104 Mar. 1045* Jan. Jan. Feb. Jan. 2 1045* Jan. 21 106 18 Jan. 95 Mar. 95 95 Mar. 8 Feb. Mar. 9 9 8 8 953* Mar. 86 Feb. 953* Mar. 96 Mar. 84 Feb. 96 Mar. 96 Mar. 8334 Feb. 96 Mar. 8434 Mar. 9634 Mar. 31 102 8334 Feb. 15 106 33 Mar. 31 443* Jan. 40 103 J 103 j 9634 Mar. 31 10054 Mar. 96 Mar. 1 Mar, 31 395* Mar, 42 Mar. 48 Mar. 41 53 Jan. 57 42 Mar. 503* Jan. 27 21 48 Mar. 54 Jan. 21 41 Mar. 495* Jan. 10654 Mar. 1055* Jan. 26 28 46 Mar. 2 105 Mar. 6 Sale 102 10534 Mar. 5 10634 Mar. 31 10934 Mar. 3 89 Mar. 16 753* Mar. 31 8 8 2 Mar. 9034 Sale 7534 Sale 14 4 1023* Mar. 10654 Mar. 10634 Sale 10734 109 : 10754 Mar. Mar. Mar. Mar. 46 Sale Mar. Jan. 8 47 50 55 45 52 6 Jan. 33 46 48 Mar. Mar. Mar. 1035* Jan. Sale 51 38 105 Sale 10754 Sale 102 100 9634 Mar. 9934 Mar. Sale 50 46 Sale 81 Mar. 865* 52 10434 1045* 10654 10834 Sale 9634 Sale 49 58 Sale Mar. 33 47 54 Sale Mar. 85 102 10534 Mar. 883* Mar. 8754 Mar. # 1023* Jan. 10434 Mar. Mar. 9634 Mar. 9934 Mar. 81 102 Mar. 105?! Jan. 28 10654 Mar. 10734 Jan. 9 107 1093* Mar. 3 Jan. 923* Mar. 89 81 753* Mar. 31 Mar. Jan. Mar. 16 983* Jan. 853* Jan. 15 16 Ternl Hydro-Electric Co— 85,000 364,000 5,000 358,000 8,000 58,000 478,000 802,000 634* series A..........1953 Texas Elec Service 5s 1960 20,000 Texas Gas Utilities 6s 657,000 Texaa Power 5c Lt 5a 6s 35,000 1945 212,000 665* Sale 10554 1055* 38 40 1053* Sale 1956 2022 112 Tide Water Power 5s A...1979 102 103 7734 Sale 10534 Sale 395* Sale 10534 Sale 111 114 103 Sale 695* Sale 6734 Mar. 1023* Sale 1013* Mar. 39 Mar. 37 3834 105 10434 Mar. |. Sale 108 108 110 Mar. 97 Mar. 98 Sale 66 15 775* Mar. 25 10534 Mar. 5 395! Mar. Mar. 18 106 Mar. 10 Ill 18 10334 Mar. Jan. 9 1013* Mar. 25 80 106 Feb. 23 Jan. 4 383* Jan. 27 403* Feb. 10434 Mar. 18 106 Feb. 108 Mar. 10 113 Feb. 10 5 4 97 Mar. 18 1043* Jan. 23 106 j 82 j Jan. 1073* Mar. 20 Mar. 23 Toledo Ediaon Go— 211,000 359,000 1st mtge gold 6a.......1962 514,000 975,000 Twin City Rap Tr 534a A-1952 269,000 1,208.000 1,000 1,000 Ulen A Company— 6s 3d stamped....... 1944 6s 3d Stamped c o d 8,000 434a 22,000 5s aerlea B 26,000 75,000 United Elec of 1957 1967 N J 4a 1949 United Elec Service 7s 45,000 7,000 18,000 101,000 222,000 13.000 179,000 257,000 Without .... 534* 1952 63,000 44,000 40,000 35,000 4,000 1,000 6a aerlea A .........1952 242,000 Deb 6s series A 1973 125,000 118,000 Utah Power A Light 434sl944 6a series A .....2022 142,000 1952 6,000 Utlca Gas 9c El 5a E_. 5s series D............1956 8,000 19,000 10,000 157,000 28,000 81,000 15,000 Vamma Water Power 534s *57 413,000 Virginia Pub Ser 534s A..1946 6a 1946 119,000 260,000 4,000 69,000 10,000 60,000 Valvoline 337,000 733,000 .1937 .......1950 Waldorf Astoria Corp— 1st 78 with warrants 1954 1937 71,000 Ward Baking Co 6a 1958 217,000 Wash Gas Light Co 5s 24,000 Wash Ry A Elec 4s......1951 86,000 Wash Water Power 5s. 30,000 Western 69,000 OH 7s 5a series B 353,000 173,000 Conv _ „ 1960 1944 24 24 9234 933* 8634 Sale 106 Sale 9134 92 1145* 863* 87 1013* 10134 10134 1023* 10734 10934 1045* 106 114 97 975* 1023* 102 97 Sale 98 5t 10034 10034 44 45 10134 102 10754 107 10654 10834 104 73 Sale Mar. 13 10734 Mar. 20 8754 Mar. 1 505* Mar. 25 56 535* Mar. 22 535* Mar. 22 Mar. 12 2 4734 Jan. 535! Mar. 22 943* Jan. 60 5 -Feb. 19 535* Mar. 22 107 10654 1045* 10534 107 1053* 107 10554 1065* 10434 1053* Sale 111 1133* 1143* 1115* 113 Mar. 2 Mar. 10 107 Mar. 19 1053* Mar. 12 10654 Mar. 10 107 Mar. 2 1045* Mar. 19 1063* Jan. 14 Mar. Mar. 6 106 Mar. 20 11434 Mar. 3 10434 Mar. 106 Feb. 5 5 Ill Mar. 20 1173* Jan. 15 6934 Sale 6654 205* 213* 2034 2434 27 205* 215* 27 1934 2434 915* 9234 843* 8534 83 8034 8754 Sale 8134 Sale 102 104 10434 1055* 107 Mar. 19 Mar. 25 Mar. 18 6654 Mar. 19 2034 Mar. 25 1934 Mar. 18 793* Feb. 107 — — 763* Sale Mar. 18 763* Mar. 1 213* Mar. 13 245* Mar. 8 9234 Mar. 3 89 Mar. 2 Mar. 23 Mar. 27 10634 Mar. 17 8854 Sale 8434 Mar. 16 935* Mar. 9334 Sale Mar. 19 1143* Mar. 1143* 11434 1133* Sale 113 855* 8134 8134 Mar. 24 8734 Mar. 8634 803 10154 1005* Sale 10534 106 10554 109 98 1023* 10134 9754 10034 995* Mar. 25 102 97" Sale 943* Mar. 25 1005* 2 10534 106 10534 Mar. 1065* 10554 109 10534 Mar. 15 10534 995* 9934 9934 100 1025* 1023* 103 Sale Sale 100 Sale 95 Sale 10034 94 Sale ■ Sale 41 1013* Sale 1063* Sale 10634 36 i' 37 10054 101 1055* Sale 105 9854 Mar. 1023* Mar. 3 100 2 103 Mar. 19 102 83 Mar. 18 8034 Mar. 23 107 10434 Feb. 8434 Mar. 113 Mar. Mar. 15 8134 995* 943* 10534 10454 Mar. Mar. Mar. Mar. Jan. Mar. 8 Mar. 10 1023* Feb. 3 Mar. 10 Mar. Mar. 1 2 24 98 Feb. 5 19 245* Mar. 8 945* Jan. 14 895* Jan. 19 Jan. 14 965* Jan. 23 115 Jan. 18 893* Jan. 13 102 103 Jan. Jan. 12 21 1065* Feb. 2 Feb. 15 106 Feb. 25 100 Jan. 5 103 Mar. 10 Mar. 19 1043* Jan. 8 Mar. 18 101 Jan. 11 Mar. 2 Mar. 18 985* Mar. 9234 Mar. 16 iO()3*^Mar. 4 90 2 923* Mar. 16 1023* Jan. 29 18 1065* Mar. 18 107 Mar. 17 33 Mar, 23 443* Jan, 4 10034 Mar. 22 1013* Jan. 4 Jan. 13 10534 Jan. 30 108 1063* Jan. 18 107 Mar. 17 98 90 33 10034 10534 1065* 105 Sale 75 10534 10834 983* 1053* 10534 1053* 1055* Sale 113 JLIX4, XIO 1113* 973! Sale 111,000 Yadkin River Power'5s.. 1941 ...1937 1,118,000 York Rye Co 5a West United G A E 534* A Wheeling Elec Co 5a Wla Minn Lt A Pow 5a 55 .1941 1944 Wisconsin P A L 4s A....1966 footnotes see page 53. 52 , 8234 Mar. 23 1045* 10654 10554 1063* 105 2030 West Penn Elec 5a 36.000 752,000 68 65,000 West Penn Traction 5a_.1960 Weat Texaa Utll 6a A 1957 1,021,000 269,000 24,000 82,000 869,000 cr Sale 54 107 Mar. Mar. Mar. Mar. 23 423* Mar. 22 1013* Mar. Mar. 13 10634 Mar. 5 98 105 Jan. 4 1065* Feb. 2 79 H Feb. 11 1055* 1143* 99^ 105 3* 1075* 106; Jan. Jan. Jan. Jan. 6 23 9 Newspaper Union— deb 6s 68,000 13,000 327,000 89,000 3,000 32,000 291,000 I 10634 108 1055* 1063* 10434 10534 11634 11734 65 warrants.. 9c Rya Sale 1073* Sale 863* Sale 1956 1941 20,000 United Indus 6 Ha.. 1st 6a... ...........1945 34,000 230,000 United Lt 5c Pow 634a....1974 Deb 6a.......^........l975 1,118,000 534«— ...1959 114.000 795,000 United Lt 49 10754 Sale 8754 Sale 1944 Union Electric Lt 5c Pow (Mo) 5a series A 1954 7,000 10,000 7,000 21,000 10634 Sale 9434 Sale 105 10754 105 Sale 106"' 1015* Sale 1063* 1065* 9934 Sale Sale Sale 11134 Sale Sale 1075* Sale 66 102 Sale Sale 655* Mar. 102 Mar. 108 1093* 10834 Mar. 93 Mar. 943* Sale Sale 105 1033* Mar. 1063* 1075* 106 Mar. 1055* Sale 10534 Mar. Sale Sale 96 Mar. 10754 1073* Sale 107 9634 Sale 9534 92 Mar. 99 107 • *' Mar. 7554 Mar. 10534 Mar. 110 655* Mar. 102 Mar. 16 983-s Mar. 1053* Mar. 3 1 106 Mar. 22 106 Mar. 11 99 Mar. 2 10734 Mar. 11 9634 Mar. 1 Mar. 10834 Mar. 93 Mar. 1033* Mar. 10534 Feb. 10534 Feb. 2 Jan. Feb. 6 1023* Jan. 9 1063* Feb. 19 1073* Jan. 92 Mar. " 1003* Jan. 19 6 96 Mar. 1 NEW YORK CURB EXCHANGE April, 1937] AGGREGATE PRICES IN MARCH SALES NEW YORK In March ,• $ X Jan. 2 March 1 1937 Jan. 1 ■ Bid $ ^ RANGE SINCE JAN. 1 Price _ CURB EXCHANGE Since f 53 Ask March Ask Bid Bid 31 Ask Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices FOREIGN GO/ERNMBNT AND MUNICIPAL 7,000 23,000 6,000 Atfrlcul Uttfa Bk Rep of Col50,000 20-year 7s Jan 15 1946 25 H 28 22 78,000 13,000 25 *4 28 25 Sale 25 Mar. 31 1W 22 18 23 24 Mar. 20,000 20,000 49,000 45,000 87] 82] 86*4 89 87K 84 89 ! Jen 15 1947 1951 20-year 7e (Germany) 7s Buenos Aires (Prov) Baden : 7*4s stamped 1947 7s stamped 1952 85 X 90 86 90 Sale 25*4 27 26*4 Mar. 11 Mar. 17 26*4 Jan. 27*4 Mar. 17 25 25 Mar. 11 18*4 Jan. 84*4 Mar. 24 88 Mar.. 85*4 Mar. 25 87 Mar. 5 5 19 Mai 3 5 30 25 Mar. 31 Feb. 18 29*4 Feb. 10 25 Mar. 11 7 84*4 Mar. 24 85*4 Mar. 25 91 Feb. 4 8 15 21 Feb. 11 91*4 Feb. Gsacs Valley <Dept of} R«p of 29,000 318,000 27,000 34,000 62,000 Colombia eztl a f 7s.. Cer* 52,000 59,000 16,000 33,000 57,000 17,000 57,000 118,000 6s 1952 A 5s...--..—.....—- —1953 50,000 35,000 5,000 3,000 29,000 6,000 135,000 19,000 18,000 231,000 11,000 3»,000 115,000 145,000 348.000 external 18*4 14 17 18 Mar. 9 28 20 21 26 Mar. 2 61 17 17 1947 62*4 7s...1939 Hanover (Prov) 6 Ha 1946 Lima (City), Peru, 6Ma..l958 23 26*4 100*4 101*4 99*4 Sale 101 100 German Cons Munlc 7s..1947 6s Sale 24*i 101*4 102*4 dc Wat'way Bo s f 4*4® 1953 Hanover (City) Ger 18 25*4 . Jan. 11 A 1951 B Danish Cons Munlc 5>4s_1955 Danxlg F 16 H Sale 25 22 .1941 of German State Bk Prov Banks 6s ..... ....... 22*4 Sale 22*4 25 22 20 24 23 23X 22*4 25 —1958 Medellln (Colombia) 7a..1951 25 Sale 26*4 Sale 29 16*4 Maranhao (State) 7a 72 30*4 31 Sale 19*4 Sale 20 91*4 Sale 94*4 Sale 20*4 Sale 99*4 100*4 99 100 50 65 19*4 21 19*4 Sale 18*4 21 17*4 19 22*4 25*4 28 29 17*4 18 26*4 20 Mar. 31 26*4 99*4 Mar. 24 100*4 99 Mar. 3 100*4 Mar. Mar. Mar. Mar. 56 19 19 17 18 60 Mar. 4 Mar. lo 25 25 Mar. 9 Mar. 9 Mar. 15 56 17 17 17 18 18 18*4 Mar. 30 23*4 Mar. 4 29*4 Mar. 5 Mar. 18 23*4 Mar. 27 29*4 Mar. 16 16*4 Mar. 20 Mar. 8 20*4 Mar. 3 30 6 20 Mar. 10 Mar. 16 27*4 Jan. 19 Mar. 31 26*4 Mar. 2 99*4 Mar. 24 102*4 Jan. 8 98*4 Jan. 11 101*4 Feb. 16 23*4 Feb. Feb. 10 Mar. 9 Mar, 9 Feb. 27 Mar. 10 77 Jan. Jan. 25 25 Mar. 18 Jan. 8 29*4 Mar. 6 6 Mar. 15 23 23*4 Mar. 4 5 17 31*4 Feb. 24*4 Jan. 4 16*4 Mar. 20 21 Feb. 10 91*4 Jan. 96 Feb. 15 Mendosa (Prov) Argentina 7*4s-4s stamped ...1951 Mtfe Bank of Bogota— 7s Issue of May 1927 1947 24,000 7a Issue of Oct 1927 1947 28,000 "r,6oo 173,000 493,000 Mtge .. 24 22 22 1931 10 18 99 100 stamped..... 70,000 19,000 116,000 15,000 1,000 195 180,000 Rio de Janeiro 6Ha 1919 119,000 Russian Govt 6Hs Certificates of deposit-.. 343,000 206,000 ...1921 5H« 30,000 7s stamped ........1945 81,000 194" 285,000 Santiago (Chile) 7a 7a................ ....1961 86,000 25 12 23 10 95*4 Sale 29 30 Sale 1*4 1*4 1*4 Sale 1*4 ' ■ 154 .1*4 1*4 i 18*4 31 Mar. 4 5 Mar. 25 25 Mar. 5 21*4 Mar. 8 25 Mar. 18 Mar. 17 11 Feb. 6 21*4 Feb. 15*4 Jan. 3 2 23 25 19 27*4 Feb. 19 27*4 Feb. 19 21*4 Mar. 8 25 98*4 2H 1*4 Mar. 15 96*4 Mar. 27 100 Mar. 20 31 Mar. 1 Mar. 23 1*4 Mar. 2 1*4 Mar. 8 1 *4 Mar. 8 31 Mar. 2 1*4 Mar. 1*4 Mar. 1*4 Mar. 1*4 Mar. 2 28 Sale 28 1*4 Sale 96 26*4 23 99*4 100 IS 1*1 27*4 26*4 Sale 19 25*4 Sale 29 32 Certificates of deposit... 150,000 24*4 24*4 Sale' 15*4 1931 61,000 Mtge Bank of Denmark 6sl972 114,000 Parana (Stateof). Bras 7s.'58 68 15,666 25,000 Bank of Chile 6a. 94 95*4 Sale 1*4 Mar. 1*4 1 96*4 Mar. 27 100 25*4 Jan. 2 34 Mar. 23 35*4 1*4 1*4 Jan. 20 Jan. 22 1 1*4 1*4 1*4Jan. 6 28 4 8 1 1*4 Jan. 1*1 22 Feb. Jan. 15 Jan. Jan. 6 28 16 3 18 Feb. 20 Feb. Feb. Santa Fe (City) Argentina 51,000 31,000 ' • » a t No par value. Sold under the rule Deferred delivery sale. Sold for cash. 65 Sale 62 17 16*4 78*4 79 18*4 Sale 18 19*4 17*4 76 80 18 Sale 17*4 18 Mar. 20 Abbreviation* Used Above (Cont. )— a "vtc." voting trust certificates, r "cons " consolidated, "ww." with warrants. "conv." convertible. "x-w." without warrants. 19 Jan. 22 8154 Mar. 10 5 5 29*4 Jan. 20*4 Mar. . No sales. "w I," when issued. "cod." certificates of deposit Jan. nUnder tbe rule sales. In which no account Is taken in computing range, are given below: *n-v" non-voting Abbreviations Used Above: 4 16 16 delivery sales, in which no account i taken In computing range, are given .below No sales Mm." mortgage. 62*4 Jan. Deferred ''cum." cumulative X Ex dividend. 81*4 Mar. 10 20*4 Mar. 5 20*4 Mar. 5 76*4 Mar. 22 17*4 Mar. 23 18*4 c account Is taken in com. puting range, are given below: Kingston Products rights, Mar. 18 at *4. Cash sales, in which no daily rates of exchange on continental centers Holland Swiss Paris Francs Francs Belgium Guilders Italian Greek Lira Drachma Belga Mar • -; Bankers' Bankers' Checks o4.653,6 2 a4.65*4 3 4.64 o4.64*4 4.65 a4.65316 4— 4.63*4a4.64716 4.64*4a4.65 5— 4.51 a4.63*4 4.52 a4.64*4 6— 4.52 a4.54 4.52*4a4.55 7... SUN DAY 4.55%o4.56*4 9... 4.56*404.56*4 4.56*4a4.57*4 lO- 4.55*404.56*4 4.56^04.57*4 ll... 4.57*404.58 4.57*4a4.58916 12... 4.58*404.58*4 4.58?4a4.59*4 13— 4.58.HS4.58J4 4.59'i6a4.59*4 14... 15— 022.81 22.80*40.81*4 54.69 80*4a22.82 22.81*40.82*4 54.70 054.72 a.73 *4 022.79 .78 4.58*404.59 4.59*4a4.59*4 17— 4.57*404.58*4 4.58 a4.58*4 18— 4.58*40.58'5,6 4.59 a4.59*4 19... 4.58*4a4.58*4 4.59J4a4.59*4 20— 4.58*4^4.58*4 4.59*4a4.59*4 .78 4.58*404.58*4 4.59 a4.595i6 23— 4.58*404.58*4 4.59*4a4.597,s 24— 4.58*404.59 4.59*4a4.59*4 25— 4.58*4o4.59',6 4.59*4a4.599ie a4.593,6 4.59*4a.59"t6 a4.595,6 4.59*4a4.59*4 28— a54.69 5.26o5.26*4 5.2605.26*4 5.2605.26*4 5.26o5.26*4 5.26a5.26*4 5.26a5.26*4 5.26o5.26*4 5.26o5.26?4 SUN DAY 16.84^0.85*4 054.66 54.64 *4a54.67 16.84 54.67 a 54.69 16.84 54.69 054.73 16.84 a.84*4 o.84*4 0.85*4 a.84*4 54.70*4054.73 16.84 016.85 54.65*4 a54.69 16.84 SUN DAY : 16.85 a.8514 16.84*4al6.85 16.84*4al6.85 16.84*40.85*4 16.84 o.84*4 16.84 a. 84*4 16.84 0.84*4 16.83*4al6.84 16.83*4al6.84 16.83*4al6.84 16.84*4al6.85 16.84*40.85*4 Checks Cables .89Ha.89H .89*40.89*4 ,89*4o.89*4 .89*40.89*4 .89*4 .89*4 ,89*4a.90 .89>4a.90 X: .89*4a.90 X 5.26o5.26*4 5.26a5.26*4 5.26O5.2634 5.26o5.26*4 5.2605.26*4 5.2605.26*4 5.26*4o5.26*4 .89*40.89*4 5.26*4o5.26*4 .89*40.89*4 5.26*405.26*4 .89*40.89*4 5.26*4a5.26*4 ,89*40.89*4 5.26*4a5.26*4 .89*40.89*4 5.26*405.26*4 ,89*4o.89*4 5.2605.26*4 5.26a5.26?4 5.2605.26*4 .89*4 .89*40.89*4 .89*40.89*4 .89*40.89*4 .89*40.89*4 .89*4a.89*4 •89*4a.89*4 .89*40.89*4 .89*40.89*4 .89*40.89*4 .89*40.89*4 .89*40.89*4 .89*40.89*4 .89*40.89*4 .89*4o.89*4 ,89*4a.89*4 .89*4a.89*4 .89*4a.89*4 .89*4a.89*4 SUN DAY 5.26*4o5.26*4 5.26*405.26*4 5.26*405.26*4 5.26*4a5.26*4 5.26*405.26*4 5.26*4a5.26*4 .89*40.89*4 .89*40.89*4 .89*40.8954 .89J4a.89*4 .89*40.89*4 .89*4a.89*4 ,89*40.89*4 .89*4o.89*4 .89*40.89*4 .89*40.89*4 .89*40.89*4 .89*4a.89*4 SUN DAY | 5.26*4a5.26*4 .89*40.89*4 .89*40.89*4 5.26*4a5.26*4 .89*40.89*4 .89*4o.90 5.26*405.26*4 .89*40.89*4 ,89*4a.90 Denmark Sweden Norway Krone Krona Krone Reichsmarks Schilling Peseta Bankers' Bankers' Bankers Bankers' Bankers' Bankers' Berlin .89*4 _ SUN DAY 5.26*405.26*4 2.56*405.26*4 5.26*4a5.26*4 5.26*405.26*4 5.26*4a5.26*4 5.26*405.26*4 SUN DAY 16.83*4al6.84 16.84 a.84*4 16.83 al6.84 16.83*4a.84*4 16.83 al6.84 16.83*4a.84*4 .89*40.89*4 SUN DAY SUN DAY 16.84*4al6.85 16.84*4al6.85 16.84*4016.85 16.84 a.84*4 16.84 fl.84*4 16.84 0.84*4 SUN DAY SUN DAY O22.80 54.74 054.75 54.74*4a.75*4 78*4a.79*4 22.79 a22.79 22.78*40.79*4 54.74*4054.75 54.75 o54.76 78 022.79 22.78*40.79*4 54.74*4054.75 54.75 054.76 .78 ' 5.26*4o5.26*4 5.26*4a5.26*4 5.26*4o5.26*4 5.26*4a5.26*4 5.26*4o5.26*4 5.26*4a5.26*4 SUN DAY 5.26o5.26*4 5.26o5.26*4 5.2605.26*4 5.2605.26*4 5.26o5.26*4 5.26a5.26*4 SUN DAY 022.78 54.70 054.72 54.70Ha54.73 76*4a.77*4 22.77 77 054.73 0.77*4 22.77*4022.78 54.70*4054.72 54.71 ,77*4a22.78 22.78 a.78*4 54.71 0.72*4 54.71*4a54.73 054.73 54.72*4o.75*4 a.78*4 54.72 ,77*4a22.78 22.78 022.79 54.73*4054.75 54.74 ,77*4a.78*4 22.78 054.76 .78 a22.79 22.78*4a.79*4 54.74*4054.75 54.75 a54.76 SUN DAY a4.59*4 4.59*4a4.59*4 30.-. 4.59*4a4.59*4 4.599,6a4.59*4 31— 4.59*4o4,60 4.59*4fl4.60*4 5.26o5.26*4 2.5605.26*4 5.26o5.26*4 5.26o5.26*4 SUN DAY 16.86*4«16;87 16.87 a.87*4 16.86*4016.87 16.87 a.87*4 16.86 16.86*4 16.84^0.85*4 16.85 016.86 016.86 16.84*4a.S5*4 16.85 016.86 16.84*40.85*4 16.85 SUN DAY Cables ' Checks Cables 16.84*40.85*4 16.84*4al6.85 16.85 a.85*4 t 16.85 16.84*4 16.84 a.84*4 16.84*4al6.85 0I6.88 16.86*40.87*4 16.87 16.87 16.86*4 0.66*4 54.64*4054.67 054.68 22.77*4a22.78 54.65 22.77*4 .77 0.78*4 22.77*4a.78*4 54.66*4054.68 ,77 022.78 22.77*40.78*4 54.68 O54.70 054.72 ,77 a22.78 22.77*40.78*4 54.70 SUNDAY 29— 4.59 054.68 54.66 SUN DAY 22— 054.72 054.64 54.61 *4a54.68 0.78*4 22.78*4a.79*4 54.64 a.78*4 22.78*40.78*4 54.64 SUNDAY 26... 4.59 27— 4.59 0.80*4 54.61 22.78*40.79*4 54.65 SUN DAY 16— o54.72 a51.71 54.71 .78 r 016.85 SUN DAY 022.82 22.81*40.82*4 54.70*4a54.72 54.71 022.82 54.63 054.71 54.64 ,80*4a22.81 22.81 o4.59*4 21... O54.70 54.70 .81 .78*4022.80 22.79 Checks 16.84 Bankers' Bankers' Bankers' Cables SUN DAY .80 SUN DAY 4.58*404.58*4 4.59 Checks 054.75 54.73*4054.76 a.81*4 54.73 .80*4a.81*4 22.81 .81 054.76 a.81*4 22.81*40.82*4 54.74*4054.75 54.75 054.75 54.75 .81 a22.82 22.81*40.82*4 54.74 o54.76 022.84 54.74 a54.75 54.74*4 054.76 .82*4a.83*4 22.83 054.75 54.70*4 054.76 81 a22.82 22.81*4a22.83 54.70 O54.70 54.66 *4o54.71 .80 a.80*4 22.80*4a22.81 54.66 SUNDAY 8... 4.55*404.56 Bankers' Cables Checks Cables 4.64*4a .64",6 4.65 4.64*4a4.64% 4.65 Vienna Spain Mar Cables Cables Checks Checks 025.21 25.20J4o.21J4 1— 21.82 o21.83 21.82*40.83*4 25.20 a21.84 25.21 a .21 *4 25.21*4a25.22 2—. 21.82*4021.83 21.83 8—. 21.82 *4 a21.83 21.83 a.83*4 25.20*4a25.21 25.21 0.21*4 4— 21.80 5— 21.78 25.13*4a25.16 25.14J4a.18J4 21.78*4 o21.79 25.15 025.16 25.15J4a.16J4 21.77*40.78*4 21.78 6— 0.18*4 25.18 *4a25.19 a.80 *4 21.80*4o21.81 25.18 Cables Checks Cables Checks Checks Cables 56 O40.23 40.22*40.23*4 18.67al8.69 18.68al8.70 a24.57 24.56J4o.57J4 40.22 040.23 40.22J4a.23J4 18.67al8.70 18.68al8.71 o24.58 40.22 ,56*4024.57 24.57 56 a24.57 24.56 *4o.57 H 40.22 0.22*4 40.22*4a40.23 18.67al8.70 18.68a'18.71 ,53 a24.54 24.53J4o24.55 40.22 0.22*4 40.22 *4a40.23 18.67al8.69 18.68al8.70 24.51 0.22*4 18.67al8.69 18.68al8.70 24.52 40.18*4a40.22 40.19 6.51 6.49 6.50 6.47 6.47 "6.43 040.20 18.67al8.69 18.68al8.70 .51 a24.52 25.15J4a.16J4 51 024.52 40.18 O40.20 40.19 040.21 18.67al8.70 18.68al8.71 53 024.54 24.53J4o24.55 40.20 024.55 24.54*4a24.56 40.22 O40.23 40.21 18.67al8.69 18.68al8.70 NO QUO¬ 10—. O21.80 21.79*4 021.81 25.17 025.18 25.17 *4o25.19 a.82*4 25.18*4 025.19 25.19 ■ O25.20 21.80*4a21.82 21.81 18.67al8.70 18.68ol8.71 TATIONS 11— 21.80 7.:., SUN DAY 8—, 21.77Ha21.78 21.78 DAY ail.16 a21.79 25.15 13—. 54 SUN DAY SUN DAY 24.51*40.52*4 024.55 24.54J4a.56J4 40.21 SUN DAY 025.21 54*4024.56 24.55 024.57 40.22 025.20 25.19*4 025.21 54*4o.55*4 24.55 024.56 40.22 a25.20 25.19J4a.20J4 55 18.,., 21.81 55 19— 021.82 21.81*40.82*4 25.19 025.20 25.19J4a.20J4 a25.20 a21.82 25.18*4a25.19 25.19 21.80*4a21.81 21.81 ,54*4024.55 24.55 20—. 21.80 15—. 21.81 021.82 21.81J4a21.83 25.18 *4025.20 25.19 16— 21.81 17— 21.81 a21.82 21.81J4a.82*4 25.19 021.82 21 81*4a.82*4 25.19 a21.81 21.80*4 021.82 25.18 SUN DAY 21— a25.19 25.18*4a25.20 SUN DAY 54 025.19 *4 21.80 *4a21.81 25.17J4o.18J4 25.18 a21.81 21.80 *4 021.82 25.18 025.19 25.18*4 o25.20 54 22—. 21.80 23—-.. 21.80 24—. 21.80 *4a21.81 21.81 21.80*4a21.81 21.81 25—. 26—. 27—. a .80 21.80*4a21.81 21.81 21.80*4a21.81 21.81 28— - SUN DAY o21.82 25.18 025.19 25.18*4a25.20 O25.20 a.81*4 25.18 J4a25.19 25.19 a25.20 a.81*4 25.18 *4 a25.19 25.19 a. 81*4 25.18*4025.19 25.19 SUN DAY 040.23 40.22 *4a.23 *4 O40.23 40.22 *4a.23 *4 18.68al8.70 18.69al8.71 SUN DAY v. - SUN DAY see page 55 56 56. x 6.2s 6.25 18.67al8.70 18.68al8.71 6.04 18.67al8.70 18.68al8.71 6.00 6.00 5.98 18.68al8.70 I8.69al8.71 SUN DAY SUN DAY 5.95 40.22J4a.23J4 18.67al8.70 18.68al8.71 40.22 a40.23 18.67al8.70 18.68ol8.71 5.85 40.22 a40.23 18.67al8.70 18.68al8.71 5.81 40.21 *4a40.23 18.67al8.70 18.68ol8.71 5.89 5.80 0.22*4 40.21*4a40.23 18.67al8.70 18.68al8.71 025.24 SUN DAY 18.68al8.70 18.69fll8.71 024.56 40.21 021.85 21.82 *4 a21.86 25.20J4o25.23 25.21 18.68al8.71 18.69018.72 SUN DAY 54*4024.55 24.55 21.81 Other Centres, 0.23*4 40.22 *4040.24 0.23*4 40.22 *4 a40.24 0.23*4 40.22 *4a40.24 a.23*4 40.22*4a40.24 0.22*4 40.21*4a40.23 18.67al8.70 18.68al8.71 o.22*4 40.21*4a40.23 18.67al8.70 18.68al8.71 21.82 on 6,30 6.34 a 024.56 40.21 31— 6.25 6.34 40.22 024.56 40.21 SUN DAY SUN DAY 6.39 X 18.67al8.69 18.68al8.70 040.23 o.54*4 24.54J4a24.55 40.22 a24.55 24.54 *4024.56 40.21J4a.22J4 o.54*4 24.54J4a24.55 40.21 *4a.22 *4 024.55 24.54*40.55*4 40.21 o.22*4 ' 6.41 .23 *4 *4040.23 54*4o24.55 24.55 30— exchange 54 024.55 24.54 *4o24.56 40.22 SUN DAY SUN DAY 18.67al8.69 18.68al8.70 54*4024.55 24.55 21.80*4a21.81 21.81 For daily rates of 54 024.56 40.22 18.67al8.70 18.68018.71 O25.20 021.82 25.18 *4a25.19 25.19 0.19*4 021.82 21.81 *4a21.83 25.19 025.20 25.19*4a25.21 29—. 54 a24.56 24.55J4a.56J4 40.22 a24.56 24.55*40.56*4 40.22 SUN DAY ft 0.23*4 54 O40.23 30.22 *4a.23 *4 54 024.55 24.54J4a24.56 40.20 *4040.22 40.21 0.22*4 0.22*4 024.56 40.20 *4o40.22 40.21 53*4a24.55 24.54 025.19 25.18*4a25.20 a.81 *4 21.80 *4a21.82 25.18 O25.20 21.80 o21.81 21.80 *4021.82 25.17 *4a25.19 25.18 a .20*4 a.82*4 25.18J4o.19J4 25.19 21.80*4a.81*4 21.81 14.... O40.19 40.19 SUN DAY SUN DAY 21.79 12—. 24.51*40.52*4 40.18 Cables Checks SUN DAY 024.56 24.55 *4o24.57 40.21 0.22*4 40.21 *4a40.23 18.67al8.70 18.68al8.71 a40.23 18.67a 18.70 18.68ol8.71 024.59 24.56 Ho24.60 40.21J4a.22J4 40.22 5.86. SUN DAY 5.81 ' 5.82 5.79 STOCK EXCHANGE RANGE OF PRICES ON CHICAGO 1937 Stock Sales Shares_ March 1,631,000 6,842,000 Jan. 1 to March 31 BONDS 2,000 STOCKS Shares- 3,400 2,550 1,250 2,550 43,550 3,400 18,850 3,490 < 10,450 A & K Pet Co cl A Adams (J D) Mfg com Adams Royalty Co com 3,520 ; ? .90 376,190 820 30 64,300 41,100 450 2,100 5,500 2,800 16,900 1,400 19,350 Annex Hotel Co 11 16 7* Sale 3* Sale cap.. 100 Armour & Co common......5 Asbestos Mfg Co com ...1 52 13 Automatic Products Automatic Washer Blnks Mfg Co capital Laughlin Inc 1 ..5 com 155,600 Butler Bros.. 10 5% convertible preferred 30 24,900 • .......... 22,000 8,300 3,500 1,760 II,860 1,800 2,100 3,500 690 2,320 7,500 1,000 34,600 1,230 Common 2,940 rr: 590 Chain Belt Co Sale 75 Lowest Highest Sale Prices Sale Prices 5 8 21* 79 20 19* 20 19* Mar. 23 7* Mar. 20 Mar. 4 Mar. 1 Mar. 15 12* Mar. 3 18 Mar. 9 26 Mar. 1 21* Mar. 12 — 41 40 42 Sale Sale 12* Mar. 22 9* Mar. 5 "23* "24" 107* 23* 25* 27 13* Sale 22* 23* Sale 13 29* Sale 2* 54 50 Mar. 27 15* 11* 3* 48* 12* 7* Mar. 11 Mar. 12 12* 3* Sale Sale 54 pref> 1,270 1,780 Cherry Burrell Corp com" • Mar. Mar. Mar. Mar. 11 24 25 22 4* Mar. 2 Mar. Mar. 30 Mar. 11 Mar. 1 Mar. 19 55 Mar, 1 14* Mar. 2 9 Mar. 6 9 Mar. 30 14* Mar. 5 16* Mar. 10 19* Mar. 27 Mar. 8 17* Sale 17 18* Mar. 3 Sale 22 Sale 20 Mar. 23 22* Mar. 6 28 25 Sale 25 Mar. 24 27* Mar. 13* Mar. 3 4 Mar. 1 16* 18 18* 26* Sale 13* Sale 39 Sale 78* 16 Mar. 30 17 12* Sale 11 12* 40* 12* Mar. 12 14 39 43* Mar. 6 83* Mar. 12 13 Sale 81* Sale Mar. 18 Mar. 1 77* Mar. 2 "22"" "22* 21* "22" 27* 28* 14* Sale 27* Sale 33* Sale 17* Sale 28 27* 30 13 27 32* 16* 34 33* Mar. 13* Sale 1*1* Sale 63* Sale Mar. 22 1 16* Mar. 22 32* Mar. 22 ~22* Mar.""3 28* 15* 30* 33* 18* 36* Mar. 16 Mar. 6 Mar. 5 Mar. 1 Mar. 2 Mar. 3 3* Mar. 2 33* Sale 2* 2* 2* Mar. 23 38* Sale" 39* Mar. 11 "15" 17 Sale 71* Mar. 4 36* Mar. 22 16* Mar. 25 Mar. Sale 72* Sale 72 79* Mar. 3 3* Sale 18* Sale 5 Sale 108 Sale 69* Sale 16* Sale 68* 69 84 84* 15 11 68* Sale 70 75 Mar. 29 34* Sale 78 15* 17 3* Sale 21* Mar."29 27* Mar. 2 27 13 34* 109,600 398,150 12,400 100 3,950 5,700 1,190 890 Participating 150 640 Part ctfs "4s" 110 Chic Rivet & Machine 520 cap. 30 350 . . 46 25* 54 2* Sale 15* 3* 108* 72 Mar. 29 2* Mar. 15* Mar. 3* Mar. Sale Sale Sale 108 Sale ~ " 69 Mar. Mar. 14 Mar. 13 17 68 Sale 82 84 : 27 54* 360 2,430 4% prior preferred 310 1,490 7% 5 ■ * 104* 105 4* Sale 2 34 118 46 • „ ... A..ll00 preferred......100 3,500 1,100 11,900 2,150 Dayton Rubber Mftf 5 i Sale 7 3* 28* * 40 104 4* Sale 1* 2 34 .... 119 49 9* Sale A r * * 28 Q ,* Sale 5 120 125 44* 46* 9* Sale * Sale 10* Sale 5 6 30* 32* 99* 101* 4* Sale 51 Sale 115* 122 . 390 73 2 25 6,900 Crane Co com Preferred 100 1,600 1,270 Cudahy Packing Co pref.11 AO 19,750 Cunningham Drug Stores 2* 1,710 Curtis Lighting Inc com....* 3,750 29* Sale Sale 5* 450 Continental .Steel com......* Preferred 100 350 5 104,100 Cord Corporation.... 780 410 Sale 26 * 26 com .. 19,500 2,300 6* Sale 46 3* * ....100 14,850 Consolidated Biscuit 105,350 Consumers Co com 130 3 "3"_IlOO 660 Chicago Towel Go conv pref 4 192,600 Cities Service Co com Club Aluminum Uten Colli* 4,250 990 Coleman L'p & Stove com. .♦ 13,350 Commonwealth Edison.. .100 5,400 Compressed Ind Gases cap.. cum • 3* certificates-2"... 100 ctfs ' Sale Sale 5 1 100 3,350 2,450 6,300 9,900 * preferred!" • Corp common Part * * ....... Participation 110 58,400 2,500 , Common Chic Preferred " • 840 Chicago Electric MfgAlIII.* 15,100 Chicago Flexible Shaft com.5 16,100 Chicago Ac N W Ry Cons.. 100 100 280 Chicago Rys part ctfs 1 3,250 V, 3,600 108* 25 5* com —- Sale 28 26 70* Sale 5* 5* 4 =. 103 4* Sale 35 Sale Sale 122* Sale 42* Sale 7* Sale Sale M 30 10 5* * Mar. 29 * Mar. 31 * Mar. 31 17 108 4 Sale Mar. Mar. Mar. Mar. Mar. * Mar. 9* Mar. 4* Mar. Sale 5,350 : 1,450 1,050 1,710 Common............... Preferred 90 30 Deep Rock Oil 100 conv pref.... 20 De Mets Inc pref Dexter Co (The) com 20 530 v 1,010 5,550 3,150 Dixie-Vortex Co 7,340 Eddy ... com........ Class A....... ........ Paper Corp (The) For footnote* tee page 56 8* Sale 87 100 31 33 30 26 17 17* 21* 20* 38* 39* 23 25 85 33 27 31 15 16 Sale Sale 30 23* 40* 28* 24* 14 22* 38* 30* 36 14* Sale 40* Sale Feb. 9* Jan. 13 32* Jan. 4 73 Jan. 4 L07* Jan. 15 21* Mar. 29 27 Jan., 8 13 Jan. 7 21* Jan. 27 32* Jan. 14 13* Jan. 4 29* Jan. 5 9 * * 4* 44* 20* 77 53 * Mar. 17 1 Mar. 9 Mar. 5 6* Mar. 7 Mar. 29 % Mar. 31 I * Mar. 31 17* Mar. 31 108 5 Mar. 15 Mar, 17 2* Mar. 16 35 Jan. Jan, Jan. Mar. Jan. Feb. 18 2 11 Mar.i 5 Mar.] 1 Mar. 2 36* Mar. 3 Mar. 10 77 Mar. 10 Mar. 4 20 2 17 31 31 Mar. 11 10* Mar. 2 Mar. 27 90 Mar. 6 * Jan. 21 Jan. 23 Jan. 19 11 Jan. Feb. 100 4 34 115* 41* 7* * 48 116 14 108 Feb, Jan. 4 20 4 Jan. Mar. Mar. Jan. Mar. 31 Mar. 30 1 Feb. 19 Mar. 4 Feb. 2 Feb. 2 Feb. 27 Mar. 20 Feb. 11 10* Feb. 15 Mar. 31 Jan. 4 32 11* Jan, 12 Jan. 13 12 Mar. 13 28 13* Mar. 15 41 Feb. ,6* Feb. 24 32* Jan. Mar. 24* Mar. 11 26 10 Mar. 27 Jan. 19 15 Mar. 23 22 31 85 13* Mar. 15 Mar. 22 20 Jan. m Mar. 28 28* Mar. 12 Feb. Jan. 8* Mar. 11 Mar."l3 22 5 18 Mar. 16 Jan. 4 Jan. 16 5* 55* 121* 110* 26* 28 39 2 6 104 19* Jan. 29 Feb. 26 107* Jan. 21 5 37H 5* 2* 35 Jan. 27 Mar. 22 139 Mar. 29 48* 11 Mar. 25 4 Jan. * 2 12 Jan. 1* Mar. Mar. 13 5 8 20 5 4* Mar. 55 20 Mar. Feb. 26* Jan. 98* Jan. 4* Mar. 110* Mar. 25*.Mar. 9* Mar. 27* Mar. 31* Mar. 20 Jan. 7 19 2 120 Jan. Feb. 22 9 17 Mar. 4 Mar. 2* 15 6* Mar. Mar. Mar, 13 4 23 77 Mar. Mar. 15 5 22 4 6 Jan. 6 3* Jan. 9 L % Feb. 1* *eD. * Jan. 29 * Jan. 21 6 * Jan. 17 Mar. 22 5 3 3* Feb. 13 Feb. 104 125 45 19 32 Mar. 28 Feb. 22 7 85 Feb. 19 Jan. 15 Jan. 26 6* Jan. 3* Jan. 2 98* Jan. 4 110* Mar. Jan. 61* Jan. 7 75 14 Mar. 22 20* Jan. 64 Feb. 3 73 Mar. 85 Feb. 72 Jan. 6* Mar; 8 46* Mar. 4 26* Mar. 19 20* Jan. Jan. 5 12 22* Jan. 8 39 / 6 Mar. 12 Jan. 6 2 4 4 9 6 4* Jan. Mar, 19 Mar. 2 2 Mar 9 11 15 3* Mar . Mar. Mar, Feb. Feb. 10 18* Mar. 5* Mar. 110* Mar. 75 Mar. 17 Mar. 6 Mar, Feb. 19 1 ] 3 71 Feb. 5* Jan. 30 '2* Jan. 9* Mar. * Mar. 10* Mar. 9 117 30 Jan. 4 Mar. 18 2 24 J 29 Mar. 30 25 4 54 6 Mar. 27 Jan. 6 11 1 22 Mar. Feb. 3 Mar. 10 Mar, 30 Jan. 18 Mar. 100 Jan. 14* 16* 17 19 Mar. Mar. Sale 9 27* 31* Mar. Mar. 1* 34* 115* 41* 7* 51 116 110* 108 22* 23* 21 118 109 Mar. 22 27 4 34 99* 103 52 66* Mar. 23 5* Mar. 30 Feb. Mar. 19 Feb. 18 3* Jan. 4 Mar. 24 Mar. 25 Feb. 15 Jan. 6 48* 12* 7* 3* 1* Jan. 4 74, 7 * * Sale * Sale 17* Sale 1* Mar. 13 7 18 13 15 * Mar. 46* Feb. Feb. Mar. 12 Mar. 17 Jan. 81* Feb. 85 1 Feb. Jan. 2 80 26* 8 m §1* Cum class A pref...._...35 1* 6 70* Jan. 2 15* Mar. 11 7 Jan. 2 i 3 Mar. 9 Feb.-19 9 70* Jan. Mar. M v Sale Mar. Jan. 11 Mar. 29 18 40 16 28 8 73 5* Mar. 22 44* Mar. 22 5* Mar. Jan. 18 22 11 Feb. 5 19 66* Mar. Mar. Feb. Jan. 39* Mar. 11 Decker (Aif) & Cohn— 1,750 :. 60 Mar. 20 51* Jan. 36* Mar. 22 15 Jan. 6 Mar. 10 77 ' 10,700 w Mar. 27 7 4 49* Jan. 27 12* Mar. 22 6* Jan. 2 8* Jan. 12 3 78* 15* 13* 4* Chic City 8c Con Ry— 350 300 4 81* Jan. 21 73* Mar. 8 55 17 12 19* Sale 17* 14* 16* 18* 72* Sale 13* "15" 70* Sale » Pr A Lt Mar. 29 73 12* Sale 7* Sale 8* Sale 77* 22 99 com 9 78* Sale 22 Mar. 18 20 14* 4* Mar. 12 51 4* 9* Mar. 29 18 24 76 Sale Sale Mar. 27 50* Mar. 29 55 8 7 52 77 * Feb. 70 Mar. 19 69* Mar. 24 77* Feb. 72* Mar. 73* Mar. l07 • preferred 2,510 Central States Highest Sale Prices Mar. 19 68* Mar. 24 9* Sale Sale 13 Sale 12 10 10* 33* Sale j 410 340 18* Sale 19* 20* 25* 26 50c Preferred ^ 6,420 2,190 * Lowest 70 Corp— Convertible preferred II,800 233,150 Central S W Utll com Prior lien , 16 2 Castle Ac Co (A M) com 10 Common (new) 10 Cent Cold Storage Co com_20 Central 111 Pub Serv pref...* 50,450 8 Sale 3* Sale 3* 15* Canal Const Co conv pref. Cent 111 Secur 72 ..... 13* Sale 13* 7* 2* pf..* 110 Bucyrus Monlghan class A..» 42,150 6,150 71 71 70 10* 77 15 Sale , 5 com conv Bastlan-Bleasing Co com * Bendix Aviation Corp com..5 Berghoff Brewing Co ....1 Bliss & Ask 68* 42 70* Sale Associates Invest Co com...4 — 2,250 22 Athey Truss Wheel capital..4' 100 550 10* 21 3,2o0 ""766 Sale Sale 91^ 19 Horg-Warner Corp com.. 10 160 7% preferred... 100 I,700 Brach 8c Sons (B J) capital 2,000 Brown Fence Ac Wire cl A * Common 1 10,500 15,800 Bruce Co (£ L) com".""".» 5,800 8 17 23 25,400 11,000 62,300 8,350 67,400 8,650 e Sale 46 * 6,100 Backstay Welt Co com I,400 Barber Co (W. H.) com 1 6,800 Barlow & Seellg Mfg A com..5 650 6 Sale 18* 10,940 5,870 16* 15% 54* 43 10 conv com ^ 7* Sale Sale 51 pref. American Pub Serv pref_.100 77,150 6,500 21,800 10,180 4,650 4,400 8,090 '' * Common 440 Altorfer Bros i 69 74 74 74 72 72 72 18 26 14,100 320 83 Ask Bid Bid 5 .» Advanced Alum Castlngs_.„5 50 Ainsowrth Mfg Corp com 5 8,750 Allied Products Corp cl A. 25 1,300 2,900 RANGE SINCE JAN. 1 Par com Abbott Laboratories com 84,550 50 8,000 - - Sate Prices March 31 March 1 Ask 82 82 *1,000 ' "2,660 Jan. 1 to March 31 . Bid •/.' 80 Chicago City Ry 5a.. 1927 80 Certificates of deposit 5,000 81 1927 2,000 Chicago Rys 5s ctfs % 8 hares. Price 2 1937 Jan Since Jan. 1 In March . $19,000 95,000 $4,000 -— PRICES IN MARCH CHICAGO STOCK EXCHANGE SALES AGGREGATE March 1,626,000 6,804,000 1936 1937 Bond Sales 1936 • • 90 Mar. 13 17* Jan. 18 25 Feb. 9 41 Feb. 10 33 Feb. 4 ■ APKIL, 1937] AGGREGATE CHICAGO SALES Jan. 1 Shares Shares 18,650 3,400 55 RANGE SINCE JAN. 1 Price Jan. 2 Since March EXCHANGE PRICES IN MARCH CHICAGO STOCK EXCHANGE In : STOCK STOCKS 1937 March 1 March 31 Par 45,050 El Household Utll Corp 8,850 Elgin Nat Watch Co Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices 8 Mar. 19 36 % Mar. 24 5 15 10% Mar. 40% Mar. 1 4 17 1 8 Mar. 19 12% Jan. 40% Mar. 36% Mar. 24 9 4 Pits Simons 8c Connell Dock 250 1,700 - 250 1,000 16,050 29,000 ""406 6,000 8,750 1,000 1,120 14,600 6,200 310 20 Mar. 20 57 Mar. 61% Mar. 15 57 66 Mar. 29 69 58% Jan. General Candy Corp A 5 General Finance Corp com__l 16 Mar. 27 17 % Mar. 5 4% Mar. 18 4% Mar. 8% Mar. 1 1 Mar ."23 56%~Mar.""I 43 Goldblatt Bros Inc com.....* 39% Mar. 23 28,700 Great Lakes D 8c D 22% Mar, 23 42% Mar. 15 24% Mar. 3 39% Mar. 23 22% Mar. 23 42% Mar. 15 29% Jan. 28 20% Mar, 20 ? Mar. 14% Jan. 20% Feb. 10 11 10% Mar. 13% Mar. 1 8 8c Dredge Co com ... Gardner Denver Co $3 com pref cum conv Gen Household Utll * 6 * com Godchaux Sugar Inc cl B » com. 1,100 Hormel 8c Co (Geo) com 17 Mar. 30 17 Mar. 8 9% Mar. 19 15% Jan. 16 Feb. 6 6 14 Mar. 27 19 Jan. Jan. 25 Mar. 1 24 22 Mar. 22 Mar. 1 22 50 18 Mar. 19 45 Mar. 31 50% Mar. 19 18% Mar. 5 A..* 21 Mar, 17 23 ._* 22 Mar. 23 26 11 38 5 7 17% Jan. Mar. 5 20 Mar, 17% Mar. 3 2 22 ] 107 Jan. 8 Feb. 3 50% Feb. 26 6 20 25 Mar. 11 11% Jan. 22 Mar. 23 Mar. 22 Mar. Jan. Feb. 5% Feb. 16 10% Jan. 2 Mar. 11 9% Mar. 19 Mar. 23 Mar. 22 1 20, Jan. 28 61% Mar. 15 69 Feb. 24 5 10 11 4% Mar. 18 11 24 360 Heller (W E) pref w w 25 520 Without warrants... 580 Hlbb Spencer Bartlett com. 25 760 Horders Inc common.......* 60 Mar. 11 Mar. Mar. 13 29% Jan. 44" * 4,090 HarnlschfeOer Corp com. .10 33,150 Heileman Brew Co G cap 1 6,200 Heln Werner Motor Parts._3 400 2 * Class A 7,600 Hall Printing Co 100 , 16 * 20 4,650 2,770 1,970 3,550 37,250 97,710 1,620 4,050 13,650 13% Mar. Feb. 26 25 1 7 Jan. 8 4 8 50% Mar. 19 19% Jan. 28 6 5 23 Jan. 23 Houdaille-Hershey— 1,150 3,550 4,750 14,200 480 Class B Illinois Brick Co 16% Mar. 22 25 L07 1,590 Illinois Nor Utilities pref.100 * 2,600 Indep Pneum Tool ▼ t c New common ▼ t c * 1,450 * 1*450 500 500 Ind Terr Ilium Oil Mar. L08 8 Mar. Mar. 23 15% Jan. 4 27% Feb. 11 19% Jan. Mar. 8 110 Jan. 25 92 39 Mar. 3 49 4% Mar. 16 4% 80 49* ""Mar." 5 25 Jan. 7 Feb. 13 Mar. 5 cl A..* 4% Mar. 15 100 Interstate Power $7 pref * 70 $6 preferred ._* 8,300 Iron Fireman Mfg Co vtc...* 20% Feb. 11 10 Mar. 27 Mar. 15 22% Jan. 25 15" Mar." 16 21 Jan. 15 Feb. 11 n v 59,400 Jarvts (W B) Co capital 6,500 Jefferson Electric Co com 25% Mar. 27 23% Mar. 11 27 1 28 21 5 29% Feb. 13 * 5 51 Feb. 4 Jan. » Capital stock ...10 Kats Drug Co com 1 Kellogg Switchboard com..10 cum Mar. 5 4£>% 15% Mar. 12% Mar. 1 1 16% Feb. 25 12% Mar. 1 120 Mar. 8 125 Mar. 37 Mar. 6 Mar. 3 43% Jan. 22 86% Mar. 27% Mar. 2 2 89 Jan. 25 Ken-RadTube 8c Lpcom A * * 2% 2% 50 8% Mar. 5 Mar. 24 Mar. 6 Mar. 5 * 32 Mar. 5 Lawbeck Corn 6% cumpfdlOO Leath & Cocvmmon.. Cumulating preferred Libby. McNeill 8c LIbby $3.50 preferred..... 1C 10 Mar. 23 Mar. 11 6 4% Mar. 30 Lynch Corp common ......5 38% Mar. 18 McCord Rad 8c Mfg "A" McGraw Electric com 34 Mar. 23 42% Mar. 1 54 Mar. 23 * ...5 McQuay-NorrlsMfgcom.... * Mapes Cons Mfg capital 3 22 * 25% Mar. 4 23 Mar. 8 Mar. 2 30% Mar. 10 30 Mar. 29 Mar. 31 5 Hen..100 7 100 2% Mar. 25 .100 4% Mar. 13 6 ......* Monroe Chemical Co com...* Preferred... * Muskegon Mot Spec cl. A...* Nachman Sprlngfllled com.* National Battery Co pref * n-v com. 5 Nat'I Pressure Cooker Co Jan. Feb. 4 Mar. 17 Mar. 2 Jan. 20 Jan. 22 Mar. 3 Jan. 26 Mar. 29 Jan. 14 Jan. 20 45 1 4% 9% 26% 6% 42 48% Feb. 11 Mar. 12 54 57% Mar. 7 22 23 Jan. 2 29 20 11 7 Mar. 31 Jan. 22 2 15% Jan. 1 1 7% 1% 12% 9% Mar. 5 4 4 5 Mar, 4 4% Mar. 11 7% Mar. 1 42% Mar. 2 10 Mar. 31 Mar. 25 Jan. Feb. 31% Jan. Mar. 9% Mar. 9% Mar. 26 30% Mar. 10 6% Mar. 1% Mar. 11 Mar. 29 2 Jan. 4% Jan. 29 5 14 19 25 Jan. 25 Jan. 16 Jan. 28 Feb. 5 9% Mar. 4 Feb. 4 8% Jan. 8% Jan. 46% Jan. 18 13 2 10 15 5 38% Mar. 23 9% Mar. 8 47 Mar. 27 23% Mar. 30 49% Mar. 2 49% Feb. 26 Mar. 4 26 5 Feb. 23 19 Mar. 23 29% Mar. 23 77% Mar. 3 20 Mar. 11 22 Jan. 28 30% Mar. 10 78% Mar. 1 32 Jan. 14 1 16 10 com 50 5 4% Mar. Mar. 31 100 pref.* 29 1 13% 34% 15% 12% 70 29% Mar. 30 27% Marl 11 7% prior lien.. 7% preferred A National Leather 2 ___* % Mar. 23 8% Mar. 23 6% Mar. 25 National Gypsum A 3 Mar,"I 11% Mar. 22 Modine Mfg com Mar. 12 57% Mar. "7 Midland United Co com....* Convertible preferred....* conv Mari 54 2 3% Mar. 30 Miller & Hart Inc 40% "5% Mar."24 Mickelberry's Food Prod coml 6% preferred A . Mar. 30 Mar. 2 Middle West Corp capital 5 Stock purchase warrants... pr 26% Mar 29 5% Mar. 3 40 Mar. 6 Mar. 28% Feb. 25 3 % Jan. 25 3% Feb. 10 6 1 Metrop Indust allot ctfs Midland Utll 4% Mar. 31 Mar. 17 Mar. 2 Mar. 3 Mar. 5 Mar. 3 * common.. Mer 8c Mfrs Sec cl A com Prior preferred..... 50 11% 34% 15% 11% 44% 4% 125 32 Marshall Field 8c Co com...* Corp 2 3 : * Manhatt-Dearborn Corp com* Masonite Mar. Mar. Mar. 17" "Mar." 18 Loudon Packing common...* McWilllams Dredging Co. 1 ~ ....* com 8 43 4% Mar. _1« ............ 3 3 13% Mar. 18 11 Lincoln Printing Co com ...» com 38 80% Mar. 30 23% Mar. 25 Kingsbury Brewing Co cap.l Lion Oil Ref Co 45 13% Mar. 23 10% Mar. 22 100 100 La Salle Ext Unlv com.. Preferred 38% Mar. 23 41 Jan. Jan. pref. 50 Preferred Lindsay Light 3 5 vT: Kalamasoo Stove— Kentucky Utll Jr 6% preferred 49 Mar. Mar. 2 Mar. 13 Mar. 5 Mar. 23 16% Mar, 8 7% Mar. 24 9% Mar, 3 Jan. 78% Mar. 1 2% Jan. 12 16% Mar. 8 Nat Republic Invest Trust— Cumul. conv. pref. * National Standard— Common stock 10 National Union Radio com. . 29% 2% 48 % 6% 12% 31% 1 Noblltt-Sparks Ind Inc cap 5 Rights North American Gar com..20 Northwest Bancorp com Northwest Eng Co com • * Nor West Utll pr Hen pref.If# 7% preferred ISO Okla Gas 8c El 7% pref Ontario Mfg Co coa 100 . ....... Convertible preferred .... Feb. 24% Mar. 8 17% Jan. 14 5 • 100 ...... Raytheon Mfg Co com vtc 50c 5 Common. 10 100 pref.* Mar. 17 1% Mar. 30 55 Mar. 21% 14% 31% 6% 2% 3% 2% Mar. Mar. Mar. Mar. Mar. Mar. 3 3 30 23 11 1 3 22 Mar. 18 Mar. 18 * 81% Mar. 27 88 86% Mar. 13 86% 117% Mar. 25 119% 119 Mar. 4 119% 117 Mar. 23 120% 146 33% 5% 2% 30% 110 Mar. Mar. Mar. Mar-. Mar. 4 146 11 22 25 22 Mar. 5 Mar. 13 Mar. 4 Mar. 8 Mar. 2 Mar. 4 37% Mar. 12 7% Mar. 4 3 Mar. 4 35% Mar. 3 Mar. 29 110 25 * 76 Mar. 87% Mar. 28% Mar. 1 22% Mar. 24 88 Mar. 22 13 Mar. 24 33% Mar. 16 31% Mar. 5 Mar. 24 26 11 Mar. 16 Feb. 1 Feb. 3 Jan. 20 Jan. 18 99% Jan. 99 19 12 Jan. 12 120 Jan. 122 Jan. 12 12 . 125% Jan. 18 150 20 37% 7% 3% 36% 19 30 18% Mar. 31 Mar. 24 Jan. 7% 3 % 5% 3% 4% 110 15% Mar. 22 2 35 Mar. 29 25 Slgnode Steel Strap Co pf_30 Common...... 56 26 .._* Schwitzer Cummins capital. 1 Sears Roebuck 8c Co com. ...» see page 116 " 55 Quaker Oats Co com • Preferred .....100 Rath Packing Co com 10 For footmotea Mar. 8 Jan. 25 Jan. 25 Jan. 14; 8 7% preferred Serrick Corp cl B com 54 4 17 16 31 25 4 6 60 Sangamo Electric Co 37 81 3 100 conv 5 2 Mar. 6% preferred Rollins Hos Mills Mar. Mar. 24% Mar. 15% Mar. 33% Mar. 7% Mar. 3% Mar. 4% Mar. 2% Mar. 3% Mar. 1 Ross Gear & Tool com 8 78 47 55 * Potter Co (The) com ..... Mar. Mar. 24 Mar. 29 Feb. 23 Mar. 19 Jan. 18 Jan. 25 Prima Co common,.........* Process Corporation com...* tc___ 3 37 73 36 " Feb. 1% Mar. 29 9% Feb. 5 16% Jan. 15 15% 30% 29% #2% * v 58 21% Jan. Perfect Circle (The) Co Pictorial Pap Pkg com Pines Wlnterfront com 6% preferred 5 Mar. 5 Mar. 19 Mar. 5 Mar. 1 • Reliance Mfg Co Preferred Mar. 1% Mar. 29 8% Mar. 5 14% Mar. 2 15% 30% 27% 2% A..10 com Mar. 24 Mar. 30 Mar. 23 15% Mar. 5 29% Mar. 11 conv Common 3% Mar. 24 * Penn Gas k Elec A com Pub Serv of Nor 111 54 12 18% Mar "4 .100 Penn Elec Switch Mar. 19 Mar. 31 12% Jan. 36% Feb. 10 3% Feb. 16 18% "Mar."30 Parker Pen Co (The) com..10 Pea body Coal Co B com • 6% preferred 33% Mar. 12 • Oshkosh B'Gosh Inc— Common Mar. 22 Mar. 18 Jan. Mar. 12 Feb. 1 Feb. 11 Jan. 8 Mar. 29 Jan. 12 3 Feb. 11 87% Mar. 5 28% Feb. 15 95 Mar. 11 14% Mar. 31 35 Mar. 3 39% Mar. 23 39% Mar. 23 95 5 4 Mar. 11 14% Mar. 31 35 Mar. CHICAGO 56 AGGREGATE Shares 210 3,750 1,200 800 3,450 4,050 12,650 9,750 : 5,750 53,800 4,050 5,150 2109 190 60 "4",006 2,150 29,500 7,700 2,650 13,050 1260578 83 15 20 11% Sale 25 Sale 25% 31 & 25% 32 Sale 12 2% Sale Sale 5 4% 5 22) 23 39 « 40 a New stock. 6 Ex stock dividend, e 27% It* Sale 24 25 24 25 8 4 8% 6% 18 Sale 78 17 20% 14% 25% 27% '% Sale" 20 Sale 13 Sale 25% Sale 26% Sale 33% Sale 13 % Sale 81 82% 4 Sale 4% Sale 156 20% Sale 10% Sale 4% 23 24% Sale 39% 41 3% Sale 47% Sale 4% 20% 13% 26% 12% Sale 3% Sale 1% 1% 2% Sale 1% Sale 5 Rumania Koruna Lei Par >64% disc, a par 5— '64% discount 164% disc, a par 6—- - .73 3.48%o3.49 3.48% 03.49 3.48% 03.49 3.48%a3.49 3.48% 03.49 '64% disc, a par — : Checks Checks 4— 9 — . Mar. 9 Mar. 29 9% Sale 14% Sale 25% 37% Sale 24 9% Sale 12% Sale 23 24% 34% Sale 23% Jan. 19% Jan. 5% Feb. Mar. 25 107 5 95 92% Jan. 78 Mar. 19 83% 19% 15% Jan. 2 5% 4% Mar. 18 20% 18 Jan. 13 4 Mar. 10 Mar. 3 Mar. 2 Mar. Mar. Mar. 2 8 8 Mar. 8 Jan. 11 Mar. 31 15% Mar. 4 Mar. 31 Mar. 1 \i 4 1% Mar. 8 Mar. 13 5% Mar. 6 Mar. 29 12 Jan. 2% 1% 4% 10% Feb. 26 Jan. 7 Mar. 29 Jan. 14 23 Mar. 20 9 23 Jan. 4 Mar. 12 39 Jan. 15 40 8 3J Mar. 24 47 Mar. 23 Mar. 4 Mar. 1 26% Mar. 10 10% Mar. 1 9 Mar. 22 12 12 Mar. 23 Mar. 22 14% Mar., 25% Mar. 39% Mar. 33% Mar. 23 __ 15% Mar. 2 2 6% Feb. 4 11 Jan. 14 24% Feb. 23 40 Jan. 26 Jan. 5 12% Feb. 9% Mar. 24 Jan. 8 3 5 4 12 Mar. 23 22 Mar. 22 32% Jan. 4 y Ex-rights. ON OTHER CENTERS Hungary Serbia garia Zloty Pengo Dinar Lev Checks Checks Cables Checks Checks Checks \Cables 8.70o8.74 8.7108.75 32.50 8.70O8.74 8.71fl8.75' 18.93ol8.97 19.75al9.77 2.31%o2.33% 1.29 1.29 .73 0.75 18.93ol8.97 19.75al9.77 8.7108.75 8.70O8.74 1.29 32.60 32.59 2.15% 32.58a32.59 32.59o32.60 2.15% 2.15o2.15% 32.50a32.53 32.51032.54 2.1502.15% 32.52o32.54 32.53032.55 8.6908.74 8.70O8.75 1.29 2.15a2.15% 32.52032.54 32.53o32.55 8.7008.71 8.7108.72 8.7008.72 8.7108.73 8.70O8.74 8.7108.75 1.29 8.70O8.74 8.7108.75 8.70O8.74 8.7108.75 SUN DAY 32.54 32.55 18.93al8.97 19.75al9.77 2.30%o2.33% 1.29 2.15o2.15% 18.93al8.97 I9.75al9.77 2.30%o2.33% 1.29 0.75 18.95al8.98 19.75019.77 2.30%o2.33% 1.29 8.70o8.74 8.71o8.75 .73 8.7108.73 3.48%o3.49 3.48%fl3.49 8.70O8.72 364fl't6% premium 364a,i6% premium a.75 18.95al8.98 19.75al9.77 2.30%o2.33% 1.29 2.1502.15% 32.58o32.59 32.59o32.60 2.15a2.15% 32.56o32.59 32.57o32.60 32.56 32.55 2.15o2.15% .73 0.75 I8.95al8.98 I9.75al9.77 2.30%o2.33% 1.29 2.15o2.15% 32.55032.56 32.56032.57 8.70O8.72 8.7108.73 .73 0.75 18.95al8.98 19.75al9.77 2.30%o2.33% 1.29 2.15o2.15% 32.57o32.59 32.58a32.60 8.70a8.72 8.71o8.73 .73 0.75 18.95al8.98 I9.75al9.77 2.30%o2.33% 1.29 8.7108.73 0.75 18.95al8.98 I9.75al9.77 2.30%a2.33% 1.29 2.15a2.15% 32.57032.59 32.58o32.60 2.1502.15% 32.57o32.59 32.58o32.60 8.70O8.72 .73 8.70O8.72 8.7108.73 .73 SUN D\Y 1i6fl564% 1i6Us64% 'i6«332% 1i6«764% 332<z764% 3.48%o3.49 3.48%a3.49 3.48% 03.49 3.48%o3.49 3.48% 03.49 3.48%o3.49 .73 332% premium 332<J764% premium %a532% premium s32% premium s32% premium «4a*t9% oremlum 3.48% 03.49 ,73 3.48%a3.49 .73 3.48% 03.49 .73 3.48% 03.49' .73 4.75 3.48%o3.49 .73 0.75 premium premium premium premium premium 3 32% premium 18—. ►. 23 24.... 25.... 26 27.*.; : 32.57 32.58 8.7108.73 8.70O8.72 .73 0.75 I8.95al8.98 I9.75al9.78 2.30%a2.33% 1.29 2.1502.15% .73 0.75 1.29 2.15o2.15% 32.57o32.59 32.58o32.60 8.70O8.72 8.7108.73 0.75 18.95al8.98 I9.75al9.77 2.30%o2.33% 02.33% 18.95al8.98 I9.75fll9.78 2.31 1.29 2.15o2.15% 32.56a32.59 32.57o32.60 8.70O8.72 8.7108.73 0.75 I8.94al8.98 I9.75al9.78 2.30%fl2.33% 1.29 8.7108.73 18.95al8.97 19.75al9.77 2.30%a2.33 1.29 32.56 32.55 2.1502.15% 2.15o2.15% 32.56032.57 32.57032.58 8.70O8.72 0.75 8.70o8.72 8.7108.73 0.75 18.94al8.97 19.75019.78 2.30%o2.33% 1.29 2.1502.15% 8.70O8.72 8.7108.73 18.93018.97 19.75al9.77 2.30%a2.33% 1.29 02.33% 18.93al8.97 19.75al9.78 2.30 18.95al8.97 I9.75al9.78 2.30%o2.33% 1.30 2.1502.15% 32.56o32.57 32.57o32.58 32.57 32.58 2.15o2.15% 1.30 2.15o2.15% 32.57 1.29 2.1502.15% 1.29 2.15a2.15% 1.29 2.15a2.15% 32.59o32.61 32.60a32.62 , SUN DAY 21—. 22—. . ' 3.48%o3.49 •72%o.75 V 32.56,' 32.57 8.7108.73 8.70O8.72 8.70<8.72 8.7108.73 32.58 8.70O8.72 8.7108.73 32.57 32.58 8.70O8.72 8.7108.73 32.58 32.59 8.7008.72 8.7108.73 8.7108.74 SUN DAY 28.... 29.... %a964% premium 30—. 764® % % premium ; . 1i6a332% premium . 3.48%a3.49 3.48%o3.49 3.48% 03.49 .73 0.75 .73 0.75 .73 0.75 18.94al8.96 19.74al9.77 2.30%o2.33% 18.94al8.97 19.75al9.77 2.30%a2.33% 18.94.18.97 19.75al9.77 2.30%o2.33% 8.7008.73 Singa¬ Yoko¬ dor Uruguay zuela Chile Peru Portugal hama Manila pore Bombay Java Colombia Hong Kong Shang Bolivi¬ Sucre Peso Bolivar Peso Sol Escudo (Yuan) Doll Yen Peso Dollar Rupee Guilders Peso Dollar ano Checks Chekcs Checks Checks Checks Checks Checks Checks Checks Vene¬ Ecua¬ Bolivia Checks Checks 1— 4.00 56.50057.16 9.50 78.70o78.85 25.50 2— 4.00 56.50a57.16 9.50 78.70a78.75 25.50 Checks Checks Checks 5.16o5.19 25% O26.00 4.45 • o4.46 04.46 5.16o5.19 25% o26.00 4.45 3— 4.00 56.50o57.16 9.50 78.70o78.75 25.50 5.1605.19 25% O26.00 4.45 o4.46 78.70o78.75 25.50 5.16o5.19 25% O26.00 4.44 04.45 Checks ■4.00 56.50a57.16 10.00 5— 4.00 56.50057.16 10.00 78.70o78.75 25.50 6— 4.00 56.00o57.10 10.00 78.70o78.75 25.50 30.38a.30% 29.58a29is,6 28.51o28.53 50.30a505,e 57.36a57.50 36.92a36.95 30.38a30.53 29.65o30.00 28.51o28.53 505,6 O50.35 57.38o57.50 36.92o36.94 30.38a30.53 29.65o30.00 28.52028.53 50.30O505,6 57.38a58.50 36.92o36.94 50.25 57.34o57.40 36.87o36.80 30.33a30.53 29.67o30.00 28.49a28.53 DAY 4.00 56.00a56.99 10.00 78.70o78.75 25.50 4.00 56.00a56.95 10.00 78.70a78.75 25.50 50.25o50.30 57.22o57.30 36.85a36.88 5.16o5.19 25% O26.00 4.43%o.44% 30.33a.30% 29.65a30.00 28.46028.50 36.88a36.92 04.45 30.33a.30% 29.67030.00 28.48o28.52 50.25o50.30 57.25o57.40 5.16o5.19 25% O26.50 4.44 4.00 56.00a56.95 10.00 78.70a78.75 25.50 5.1605.19 25% O26.50 4.44 04.45 78.70o78.75 25.50 04.45 04.45 11— 4.00 56.00a56.95 10.00 12 4.00 56.00a56.95 10.00 78.70o78.75 25.50 78.70o78.75 25.50 5.16o5.19 25% o26.50 4.44 5.16o5.19 26% O26.50 4.44 5.16o5.19 26% 026.50 4.44 78.70a78.75 25.50 5.16o5.19 26% O26.50 4.44 5.1605.19 26% O26.50 4.44 5.16a5.19 26% O26.50 4.44 4.00 56.00a56.95 4.00 56.00a56.95 10.00 16— 4.00 56.00a56.95 10.00 78.70o78.75 25.50 4.00 56.00a56.95 10.00 78.70o78.75 25.50 36.89a36.92 30.38a.30% 29.67o30.00 28.51o28.52 50.25O50.50 57.33o57.45 50.25 57.33o57.40 36.89036.91 29.67o30.00 28.50a28.52 55.03 55.04 55.04 54.95 04.45 30.38a.30% 30.36a.30% 29.65o30.00 28.50028.51 50.25 57.30o57.45 36.88o37.94 55.01 04.45 30.35a.30% 29.65o30.00 28.50028.52 50.25 57.33o57.45 36.88036.92 54.97 30.36a.30% 29.67o30.00 28.49028.50 50.20o50.25 57.33o57.45 36.90036.93 54.98 57.33a57.45 36.90a36.93 54.97 SUN DAY 14.... — 55.08 55.02 30.32a.30% 29.63o30.00 28.46028.47 9 15—. 55.05 55.06 55.00 04.44 50.25 8— 10.00 55.02 50.25a50.30 57.22o57.30 36.83o36.86 5.1605.19 25% O26.00 4.43%o.44% 30.32a30.45 29.63o29'5|6 28.46028.48 SUN 7 hal 57.28o57.37 36.85o36.86 5.16o5.19 25% O26.00 4.43 4.00 56.00a57.01 10.00 4.00 56.00a56.96 10.00 78.70o78.75 25.50 25.50 5.16o5.19 26% 026.25 4.44 5.16o5.19 25% o26.25 4.44 5.16a5.19 25% 026.25 4.44 2.505 5.16o5.19 25% o26.25 4.44 O26.00 4.44 O26.00 4.44 78.70o78.75 4.00 56.00o56.96 10.00 78.70a78.73 4.00 56.00a56.96 10.00 78.70a78.75 25.50 04.45 0.45% a.45% a.45% a.45% 04.45 30.36a.30% 29.69o30i,6 30.36a.30% 29.69o30i,6 30.36a.30% 29.69030',6 28.49028.51 50.25 29.50o28.51 50.20a50.25 57.33o57.40 36.89036.92 50.25 57.33o57.45 36.90036.93 28.50o28.51 55.05 30.36a.30% 29.67o30.00 28.50o28.51 50.20a50.25 57.33o57.40 36.90a36.91 30.32a.30% 29.67a30.00 28.50a28.51 50.20fl50.25 57.28o57.40 36.89o36.92 55.06 55.02 55.06 SUN DAY 23— 4.00 56.00a56.96 10.00 78.70a78.75 25.50 24—. 4.00 56.00a56.96 10.00 68.70a78.75 25.50 4.00 5t.00a56.96 10.00 78.70o78.75 25.50 4.00 56.00a56.97 10.00 78.70o78.75 25.50 4.00 56.00a56.96 10.00 78.70o78.75 25.50 a.45% a.45% 5.1605.19 25% O26.00 4.44 a.45% 5.1605.19 25% o26.00 4.44 a.45% 5.1605.19 25% 026.00 4.44%a.45% 5.1605.19 25% 5.16o5.19 25% „• 28— 30.35a.30% 29.67a30.00 28.49028.51 30.35a.30% 29.67030.00 28.49028.52 30.35a.30% 29.67o30.00 28.50o28.51 30.37a.30% 29.69a30',6 28.49o28.51 50.20a50.25 57.30a57.40 36.88a36.89 50.20a50.25 57.30a57.40 36.89o36.91 50.20a50.25 57.31o57.40 36.88o36.89 50.20a50.25 57.33o57.40 36.88a36.91 55.05 55.05 55.06 55.08 30.37a.30% 29.69o30',6 28.49o28.51 50.20a50.25 57.31o57.40 36.89a36.90 55.08 30.33a.30% 29.69030', 6 29.49028.51 50.20a50.25 57.30a57.40 36.89a36.90 55.08 SUN DAY 4.00 56.00a56.96 10.00 78.55o78.75 25.50 50.20a50.25 57.31o57.40 36.89036.91 a.45% 30.35a.30% 29.690801,$ 28.49o28.50 4.00 56.00a56.96 10.00 78.55o78.75 25.50 o4.46 30.33a.30% 29.69o30',6 31 4.00 56.00a56.96 10.00 78.55a78.75 25.50 5.1605.19 25% O25.00 4.44 o4.46 30.38a.30% 29.69a30', e 28.50028.52 50.20a50.25 57.31o57.40 36.89036.92 28.49028.54 50.20a50.25 57.33o57.50 36.92o36.96 65.08 80 5.1605.19 25% O26.00 4.44 5.16o5.19 25% O26.00 4.44 55.07 29.;.- t 32.60 32.59 18.94ol8.97 19.75al9.78 2.31%o2.33% 18.93al8.97 19.75ol9.77 2.30%a2.33% Cables Checks 32.59 2.15% 0.75 02.33 Milrets ?. 2.15% 0.75 2.31%o2.33 Brazil Peso 1.29 0.75 18.92ol8.97 19.75al9.77 2.29 Argentina iMarkka 1.29 .73 .72%o.75 3.48%o3.49 Finnish Poland 0.75 17.... 19- 1 Mar. 6 15% Feb. 19 27% Jan. 14 40% Feb. 17 12 4 0.75 16—, 13---. 20 8 Mar. 23 49% Feb. Feb. 15 Jan. 12 156 20% Feb. 19 26% Mar. 10 629 .73 15—. 10- 4 Mar. 31 Jan. 25 4 3% Mar. 24 6 Mar. x Ex-dividend, 60% stock div. paid Aug. 15, 1936. 28 Jan.* 6 9 Feb. Jan. 28 Mar. 2 Mar. 8 Mar. 8 Mar. 8 Mar. 31 150 Mar. 1 Mar. 24 22 28% 33% 6 9 8 26 Jan. Jan. 15% 28% 4 24% Jan. 12 25% Jan. 4 30% Feb. 25 Mar. 31 24% Mar. Jan. 7 104 Mar. 10 Mar, Mar. 27% Mar. 26 19 5 2 12% 2% 1% 4% .73 14.... 4— Mar. 24 .73 13 ar 26 Mar. 17 Mar. 22 27% 6% 6% Mar. 29 104 Mar. 25 106 93 Mar. 3 94% 78 Mar. 19 82 16% Mar. 12 18% 5 4% Mar. 18 20 Mar. 24 20% 12% Mar. 23 15% 24% Mar. 23 28% 26% Mar. 23 28% 30% Mar. 1 33% 6 25 3.48% 03.49 '64% premium 64% disc, a '64% prem, 3.48% 03.49 3.48% 03.49 *64% premium 12.... — Highest. Sale Prices .73 J.72%0.75 3.48% 03.49 Par 8 Lowest Sale Prices 3% 3% - 3% &29 30% Sale 142 145 24% 25% 20% 9 10 9% 18.93ol8.97 19.75al9.77 2.31%o2.33% 02.33% 18.93ol8.97 19.75ol9.78 2.31 o.75 7«i- 10.... Highest Sale Prices Bul¬ slovakia Dollar Checks Lowest Sale Prices 39% Mar. 41 Czecho¬ Canada 132fl,64% discount • 104 98 82 Sale 107 95 93" DAILY RATES OF EXCHANGE 2... 31 Ask Ask Bid Bid Sale 4% 18 2ft 12,450 Thompson (J R) com 81,960 Utah Radio Products com..* 5 37,100 Utility Ac Ind Corp com Convertible preferred 7 42,850 200 Utility Power & Light cl A_1 1,080 Viking Pump Co common...* Preferred » 250 No par value, 1... 11 105 93 85 Sale 4% 5% * 8,960 Wahl Co com 37% 38% * 19,950 Walgreen Co com 145 470 Ward (Montgom) Ac Co cl A.* 21H Sale 5,950 Wieboldt Stores Inc com....* 10 10% 8,060 Williams Oll-O-Matlc com...* Wisconsin Bankshares— 8% Sale Common * 70,950 13 % Sale ..2 25,900 Woodall Indust com 25% Sale 5,000 Yellow Cab Co Inc (Chic)..* 34 % Sale 34,400 Zenith Radio Corp com.....* 2,160 7,500 [ March ' 6% 240 Sou Colo Power A common.25 420 Southw G&E Co 7% pref.100 830 Southwestern Lt & Pow pfd. ♦ 500 St Louis Nat Stockyards cap * 26,750 Standard Dredge com pref.* Common * 17,550 * 2,150 Stein & Co (A) common 10 9,750 Storkllne Fur com 11,650 Sunstrand Mach Too lcom__* 43,450 Swift Ac Co stk ...........25 15 22,750 Swift International.. . 180 3 28 23% 520 Siryer Steel Castings com...* South Bend Lathe Wks cap 5 40 * Ask 18,700 70 240 ; Bid March 31 March 1 1937 Par Shares 5,600 V STOCKS Jan. 1 1 Price Jan. 2 Since In March RANGE SINCE JAN. PRICES IN MARCH CHICAGO STOCK EXCHANGE SALES EXCHANGE STOCK 55.07 RANGE OF PRICES ON BALTIMORE STOCK EXCHANGE Stock Sales March Shares_ Jan. 1 to March 31 AGGREOATB In 1937 1936 98,482 268,623 56,249 230,495 400 \ : _ . „_ . __ Jan. 1 to March 31_. ...... RANGE SINCE JAN. March 1 1937 BALTIMORE CITY BONDS— $ Ask Bid Bid March Ask Bid 31 Ask Lowest Mar. 22 113 113 400 4a Annex Improvement.. 1951 4a Sewerage Impt 1961 300 4s Paving Loan. ..1951 Prices Mar. 22 600 3%» New Sewerage Imp.. 1980 1,000 2,000 264,500 * 4.006 Share» 1950 Ga Southern & Fla 5s 1945 Read Drug 5c Chem 5Hu.l945 STOCKS. 1,791 2,016 I 6,426 1st Preferred ;V 2,167 Black ft Decker 2,278 4,883 1,389 382 3,566 1,480 v 39% 47 385* 45 % 38% 45% 103% Sale 46% 35 Sale 40 42 100 32 % Mar. 71 Io6% III" 24 41% Mar. 29 101 39 Mar. 2 45% Mar. 11 Mar. 25 104 Mar. 17 Mar." 12 Mar. 12 "95" 95 ..... 100% 101% 101 ' 18 Sale 20% 46 Sale 49 ~87~" Sale 2% 6% 34% 84% 115 Sale 2% 8 & * common Consol Gas E L ft Power * 6% preferred.. 100 Sale 45 807 Eastern Sugar Assoc Preferred. 8,448 2,737 Fidelity ft Deposit 290 1,867 Fidelity Ac Guar Fire Corp. 10 44% 46 97 713 Finance Co of Am class A...* Class B .* 70 12% 13% 10 com ...1 1 45 20 122 114 Sale 53 Sale Sale Sale 85% Sale 35% Sale 44 Sale 123" Sale 22% Sale 52 55% 2% Sale 5% Sale 33% Sale 76% Sale 112 "45% Sale" 13% Sale 113 36 3 Sale 42i 42 Sale Sale 44 133 135 Sale Sale 133 ....... 71 2 101% Mar. 27 100% Mar. Guilford Realty com Preferred 213 80 35,886 241 Mfrs 241 1,144 15 459 2,250 32,753 9,250 42,893 760 2,866 2,198 1,187 1,254 663 ' 686 696 -V f Finance common 1st preferred » 42% 6,240 211 98 10 33 12,091 175 Feb. Jan. Mar. 22 Jan. Feb. Feb. 11 15 16 15 108 % Jan. 28 106% Jan. 15 41 % Jan. 48 Jan. 8 32% Mar. 24 41% Mar. 29 Mar. 25 104 92 92 Jan. 13 71 Mar. 12 72% 100% Jan. 25 101% 101 14 6 Mar. 17 Jan. 13 Feb. 11 Mar. 27 Mar. 2 22% Mar. 30 18 Jan. 2 22% Mar. 30 Mar. 4 64 4 46 Jan. Jan. 2 6 54 2 5% Mar. 13 9 Mar. 30 2 113 Mar. 6 34% Mar. 84% Mar. 2 114% Mar. 9 2 1 37% Mar. 44% Mar. 3 1 34% Mar. 22 Mar. 15 42 7 3 134% Mar. 13 128% Mar. 42 Mar. 2% Mar. Mar, 5% Mar. 13 30 Mar. 24 74% Mar. 29 23 Mar. 13% Mar. 1 13% Mar. 31 45% Mar. 1 13% Mar. 11 13% Mar. 31 "12% Sale" Sale Merch St Miners Transp * 7% pref 25 Mills Com 100 Preferred.. Jan. 34% Mar. 22 Mar. 15 42 Jan. 122 41 % Feb. 12% Jan. 12% Jan. ' Feb. 38% 26% 5 100 72 30 42 V; ; 27% 5% 74 6 Sale 80 Sale Mar. 13 Mar. 10 20 Mar. 29 24 Jan. Jan. 26 Mar. 13 42% Feb. 24 90 Mar. 13 Mar. 22 1% 12% 2% 4% 3% Jan. Jan. Jan. Jan. Jan. 21 15 19 5 25 41 Jan. 13 22 m ::::: 90 Mar. 29 42% Mar. 13 Mar. 13 3 26% Mar. 73 1 Mar. 37% Mar 6 74" "75" Feb. 4 61 60% Mar. 12 26% Sale Feb .^15 6 15 20 39 25 Jan. Sale 37 6 Mar. 13 Jan. 22 Mar. 11 Feb. 9 Jan. 2% Mar. 23 3% Mar. 30 37% Sale 26% Sale 8 Jan. 3 20% 3% Sale 3% Sale 50% Jan. 48 134% 5 48% 13% 4 15 13% 55 11 % Mar. 29 4 5 2 Mar. 13 2% 3% Sale 22 Jan. 4 15 Jan. 89% Jan. 19 115 Mar. 18 iVZ 3 38 Mar, 24 74% Mar. 29 113 Mar. 4 Jan. 11 Jan. 20 4 % Mar. 22 125 30 3 "3% Mar."13 c. ...... Mar. . 1 1 1 Mar. 30 42% Mar. 13 90 1 Mar. 13 12% 2% 3% 3% Mar. 30 Mar. 6 Mai. 24 Mar. 2 Mar. 9 39% Mar. 16 27% Mar. 11 7% Mar . 8 82 Mar. 4 90 % 10% 2% 3% Feb. 6 Feb. 11 Mar. 30 Jan. 25 37% Feb. 26 % Feb. 4% Feb. 16 8 3 70 Jan. 22 44 Jan. 3 25 22 27% Jan. 27 7% Mar. 8 4 82 Mar. 44 Jan. 11 18% Feb. 2 • 1 National Marine Bank 3,250 90 Common class A Mt Vern-Woodf 108 28 115 16 108 53 61 61 Sale Sale 20% Second preferred....... .25 Mar Tex Oil —1 Monon W Penn PS 4% 58 100 100 Houston Oil preferred 124 Humphrey Mfg Co com... Preferred Z25 25 40 • 3% ♦ 26 25 Jan. 113 25 • 2,351 14,362 Mar. 22 113 Feb. 4 119 114 20 6 Ga Sou & Fla Ry 1st pref.. 100 90 115 Par t c 11,753 Highest Sale Prices 105 1975 * 28,057 Arundel Corporation 884 Atlantic Coast L (Conn) ...50 * 5,398 Bait Transit Co com v t c 168 615 1975 Lowest 108% Jan. 1940 Bait Transit Co 4s flat.. 1975 Shares 10,174 V Bait Co 3d school 4%g Atlantic Coast Line 5% ctfa.. A 5s flat 41,800 B 5a 8,000 1,000 Georgia Marble 6s flat 15,000 7,000 5,000 1 Sale Prices Highest Sale Sale Prices 1,200 109.000 16,150 2,500 $118,200 782,100 $137,050 346,300 ___ Price BONDS Jan. 1 V . Jan. 2 Since March _ PRICES IN MARCH BALTIMORE STOCK EXCHANGE SALES March_ 1936 1937 Bond Sales „ 30,130 New Amsterdam Casualty. 259 Northern Central Ry 20,430 Owlngs MUls Distillery 5 50 593 Penna Water ft Power com..* Preferred 10 16% 102% Sale * ..... US Fidelity & Guar .......2 Western National Bank 20 No par value. 16% Sale 15% Mar. 23 98 "51% "1% Sale' 82 Sale 109% 103% Sale 83 Phillips Packing Co., pref. 100 10 220 Seaboard Comm'l com A Class B 10 ,£—10 38,172 1,151 17% Sale "1% Sale' 1 1 Mar. 5 Mar. 12 81 Mar. 31 111 Mar. 17 101 Mar. 29 18% Mar. 1 99% Mar. 12 1 % Mar. 1 88% Mar. 9 111% Mar. 17 103% Mar. 1 15% Jan. 98 1 111 101 15 28 35% Sale 26% 36 27 Sale 27% Sale 25 35 Mar. 15 Mar. 25 j , Mar. Mar. 15 Jan. Feb. 27% Mar. 18 25 Mar. 1 35 Mar. 36 Mar. 9 9 10 104 Feb. Mar. 81 Feb. 1% Feb. Mar. 95 Feb. 111% Mar. 17 103% Mar. 1 it* irA Feb. 16 Feb. 10 16 5 Jan. Jan. Boston Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON Stock Sales March.... Shares- AGGREGATE Bond Sales March.. Jan. 1 to March 31 640,966 2,257,122 803,654 2,318,035 Jan. 1 to March 31... BOSTON STOCK EXCHANGE 1936 1937 RANGE SINCE JAN. 1 PRICES IN MARCH BOSTON SALES STOCK EXCHANGE In Since March Jan. 1 BONDS March March 1 Boston Term Go 1st 3%s_1947 East Mass StRH serA «>*• 1948 Series B 5s.....— Shares. 590 STOCKS 913 2,097 2,218 Par. 28 96 . Preferred 19,345 15,353 415 1,500 1st preferred class A 2,144 4,785 Class B 1st pref stamped 100 Prior pref ........100 Class A 1st pref stampedlOO 100 1,440 279 Class B 1st preferred 100 1,575 Class C 1st pref stampedlOO 508 1st pref class C......... 100 1,750 Class D 1st pref stampedlOO 603 1st pref class D 100 1,600 Boston Personal Prop Tr * 281 Boston 5c Providence.....100 6,848 Brown 5c Durrel Co common. 3,818 23,534 Calumet 5* Hecla .........35 100 456 137 419 243 . 335 Cliff Mining 75 Co 3,370 East Boston Co 300 944 607 200 2d preferred... 697 Economy Grocery 60 22 10,538 Edison Mar. 27 140 18 Mar. 18 151 5,346 2,119 4.203 10,917 Mass UtII Associates 3,320 1.204 6,240 1,982 9,442 3,320 2,452 17,554 5,932 9,442 30 New River Co 375 Preferred. 2,532 115,838 340 100 2.50 100 /to . 25 lioo 00 25 729 Keece Button Hole Mach..10 1,966 Reece Folding Mach Co 10 13,341 Shawmut Assn T C 15,827 Stone 5c Webster Inc cap stk . 1,654 3,821 3,691 941 2,428 Suburban Elec Secur 110 185 2d preferred 2,748 14,908 2,021 4,859 4,914 18,418 5,039 13,930 1,901 32,345 165,694 1,330 Torrlngton Co 825 100 179 Northern RR (N H) 5,894 Cld Colony 17,203 C*Jd Dominion Co... 3,088 Pacific Mills 14,099 Pennsylvania RR 65,453 Rights 28,335 Ouincy Mining Co 2,717 7,050 1,303 7,553 65,453 7,758 2,961 22,047 100 2,147 2,866 ..." Union Copper Ld 5c Mln Co 25 Union Twist Drill 5 United Shoe Mach Corp...52 Preferred 25 Utah Apes Mining Utah Metal A Tunnel. Venezuela Holding Corp ;_fl ..1 * 60 Venezuela Mexican OH CrplO .. 402 Warren (S D) A Co see page 2 59. 52 140 10 91 Sale 14 Sale 5% Sale 65c 110% 22% 70c 140% 10 85 90 com • * 6 2 9 1 Mar. 6 3 5c Mar. Mar. 1 3 47% 6% % 4% Mar. Mar. Mar. Mar. 30 11 24 18 130" ""Mar .*31 10 85 Mar. 10 Mar. 2 Mar. 16 Mar. 9 26% Mar. 4 47 1% 14% 18% 6% 38% 2 1% 27 5 ? Mar. 11 Mar. 2 Mar. 4 Mar. 6 Mar. 4 Mar. 3 Mar. 4 Mar. 19 Mar. 4 Mar. 1 19 Mar. 2 24% Mar. 29 64 Mar. 29 3% Mar. 31 1 52% 8 % x6 Mar. 10 Mar. 1 Mar. 25 Mar. 16 Mar. 16 142 """Mar." "4 10 85 Mar. 10 Mar. 2 • 8% Sale 1% Sale 112 24 53 Sale 14% 25% 1 25% 2% Mar. 23 9% Mar. Mar. 1 2% Mar. Mar. 5 113% Mar. Mar. 29 28% Mar. Mar. 2 1% Mar, Mar. 22 39% Mar. Mar. 2 50 Mar. Mar. 2 i*3z Mar. Mar. 23 11% Mar. Mar. 30 25% Mar. Mar. 6 3 Mar. Mar. 24 16% Mar. Mar. 30 30% Mar. Mar. 19 3% Mar. 52 Mar. 22 94% 94 Mar. 2 99 35c 35c Mar. 4 29 Mar. 1 33 7% 1% 112% 23% 115 a Sale Sale 90c 39% Sale 43% Sale %2 Sale1 9% Sale 25% 25% 2% Sale , 16 Sale 29% Sale 2% 3 60 50 5,447 Waldorf System Inc.. 15,435 Warren Bros 180 For footnotes com..* 4 17% Mar. 15 16% Mar. 12 49 Mar. 10 * Tel.IIioo 8,525 NYNH* Hartford 244,153 North Butte 179 741 A com Mar. Mar. 31 1% Mar- 9 1% Mar. 18 *25% Mar. 18 v t c...* 250 N E Gas 5c El Assn pref 202 6 Mar. 24 Mar. 2 Mar. 23 Mar. 20 38 Mayflower-Old Col Copper.25 Mergentbaler Linotype.. .* Narragansett Rac'g Assn Incl Nat Service Co com shs t c...l National Tunnel 5c Mines._* 5,412 New England Tel Mar. 8 19% Mar. 9 2% Mar. 10 17% Mar. 15 StoresII.* Elec Illumination.100 .. 10 Mar. Mar. Mar. 16 Mar. 10 Mar. 10 l%Mar. 2 6% Mar. 23 8% Mar. 11 65% Mar. 31 74 Mar. 10 46 Mar. 30 a;53% Mar. 12 2% Mar. 22 3% Mar. 5 42% Mar. 19 49 Mar. 1 13 Mar. 19 15% Mar. 4 5% Mar. 30 7 Mar. 2 10% Mar. 3 11 Mar. 1 50 Mar. 15 50 Mar. 15 44% 1% 13% 17% 1,419 8 Mar. 30 Mar. 4 Mar. 5 Mar. 30 865 Georgian Inc (The) A pref_20 3,810 Gilchrist Co » 9,201 Gillette Safety Rasor Co * 1,375 Hathaway Bakeries cl A 70 Hathaway's Bakeries pref...* 2,299 Class B_. 3,875 Helvetia Oil Co tr ctfs 1 210 Infl Button Hole Mach Co. !0 29,841 Isle Royal Copper 26 863 Loew's Theatres......... 25 13,402 Maine Central IIIIIIlOO 5,134 Preferred..............too 178 8 Mar. Mar. 2,994 General Capital Corp......• 190 Mar. 19 145 19,567 Mar. 23 29 668 45 410 Mar. 17 Mar. 8 Mar. 1 Mar. 23 Mar. 25 23 23% Mar. 22 300 50 2 2 9,330 Employers* Group Assoc T C* 840 2,032 3 4 Mar. 85c * . 2,160 . Mar. Mar. 12 Mar. 12 15% Mar. 23 2% Mar. 10 13% Mar. 22 25 686 First preferred..... 100 1,171 Preferred B "Iw 1,617 Adjustment........ 100 6,690 Eastern SS Lines, Inc * 276 1% Mar.| 9 5 Mar. 11 24% Mar 24% 13% Mar. 30 16 138 Mar. 29 149% 6% Mar. 19 6% 3,169 6% Cum preferred._.._100 2,402 East Mass St Ry Co 100 200 6 Mar. 18 15% Mar. 3,109 Eastern Gas 5c Fuel Assn com 2,725 4^% Cum Prior pref...100 1,194 1,352 1,007 ;■ 18 21 21 Co..".\" ".25 48,799 Copper Range Mar. 168% Mar. 22 180% 109 Mar. 2 109 139 Mar. 1143% 65% Mar. 22 69% 26 Mar. 30 29% 8 Mar. 2 10% 10% Mar. 4 14% 10 Mar. 23 10 47% Mar. 1 56% 15% Mar. 1 20 14% Mar. 2 18% 19 Mar. 2 24% 19% Mar. 8 21 i©0 5,142 6,053 3,427 4,702 IX Mar .125 4% Mar.|29 23 1,484 Boston 5c Maine pref stpd.100 1,984 Common....... ......100 916 995 103% Jan. 28 104 86 91 .01 132 Blgelow-Sen Carpet pref.100 2,489 Boston & Albany........100 7,229 Boston Elevated.... 100 6,799 Boston Herald Traveler Corp* 50 10,386 Highest Sale Prices „ 11,353 905 82 Lowest Sale PricSs 96" "Mar ."31 iSS^lMarHi 3,039 Amsr Pneumatic 8ervlce 28 2,187 6% non-cum preferred...50 406 First preferred 50 27,326 Amer Telep A Teleg .100 v 105 ? 1948 1948 Shares. 425 i Series C 6s Highest Sale Prices 86" Mar."22 "89*"*Mar"4 92 Mar, 8 94% Mar* 31 1948 Series D 6s Lowest Sale Prices 31 93% 31c 29% 92 % Sale Sale 40%'Sale 5% 2% 1% 7% 17% 9% Sale Sale 1% 8% 18% „ 9% 34% 42% 8% 23% 2% 14 84 2 Mar. 22 38% 5% 1% 1% Mar. 29 Mar. 8 Mar. 19 Mar. 2 53 8 31 17 5 8 3 17 11 11 13 2,4 4 4 20 Mar. 20 Mar. 13 Mar. 11 93 Mar. 10 Mar. 1 41% 6 2% 2% Mar. 8 Mar. 11 Mar. 1 Mar. 2 "l6" Mar."23 "l9% Mar""3 8% Mar. 15 40 Mar. 5 10% Mar. 22 42 Mar. 1 96 Mar. 22 89 Feb. 2 95 Jan. 7 101 Mar. 31 101 Jan. 28 Feb. 23 JanJan. Jan, 4 7 7 RANGE OF PRICES ON Stock Sales 1937 March Shares. SALES V 247,046 960,742 Jan. 1 to March 31._ AGGREGATE ■ , March j 900 Allegheay Steel 3,500 3,322 2,076 8,578 3,358 15"900 1,730 20 515 15,997 7,386 1,120 17,344 14,510 31~300 4,500 845 276 250 1,680 . Corp * . ........... "10 Armstrong Cork Co...... Blaw-Knox Co mm* 10 Calorizing preferred..... [25 .-1 525 Crandail McK Ac Hend.. 395 7,700 11,528 100 *""869 980 195 15,700 200 3,102 437 Sale Prices Mar. 15 111 Mar. 4 41X Mar. 4 9# Mar. 23 mm mm • 2 X Sale 10 .... Im m m; , 9 *mm m m * 3# Sale 5,155 87 14,004 ^2 X "Mar "23 2 X Sale 1,382 12 23 * Products ... Marb-Walker Rafrac 18 1 ... 81,900 Phoenix OH com.. Preferred 11,550 10,481 Pittsburg Brewing— Preferred... 4,650 4,656 Pittsburgh Forglngs 7,063 Pittsburgh Oil & Ga 25c 1 . Sale 46 Sale IX Sale ...1 12 X Sale 2 Sale Sale 8X 8 5c , 4c 4 Sale "llX Sale 9X Sale 8c Lowest Highest Sale Prices aaie rrices 108X Jan. Renner Brewing Co Ruud Mfg San Toy Mining Shamrock Oil ft 6 12 111 Mar. 39 X Feb. 13 Mar. 11 70X Mar. 12 29X Mar. 10 3# Mar. ..... 4 35 Sale 18 X Sale V' 10c Sale 15c —.. 15c Sale 6 7 42 ;-:s 45 .......... ....... Ga«_. Preferred .... III! "95" 18*1 19^1 2c A* 14 3c 91 IX ..... 3c 7 Sale 29# Sale United States Glass....... 2 44 95c ... 75c 14# 92 2 18 9 Mar. 19 12 22 Mar. 24 Mar! 4 11 4c Sale 16 57 Sale Sale 24 Mar. 19 7X \ ix 7 49 Mar. IX 58X 7X 7X 27X Jan. Jan. Jan. Jan. Jan. 7c 9c Jan. 18X IX 125X 13X 13 X Mar. 31 61X "Mar ."'3 6X Mar. 9 Mar. 51 IX Mar. 1 1X 7 Mar. 10 7X 49X Mar. 24 56 X 136X Mar. 23 156X Mar. 11 1 Mar. Mar. Mar. Mar. 2 8 5 Mar. 8 i Mar. 15 Feb. Jan. 5 9 25 Feb. 11 Mar. 11 30 Jan. 14 Jan. 14 ! Feb. 2 Feb. 9 Feb. 4 Mar. 12 ; Feb. 4 I Mar. 8 Jan. Jan. 29 Jan. 29 Mar. 31 IX Jan. 14 18 Mar, 3 Jan. ; Mar. 11 Jan. 16 Jan. 18 Jan. 30 Feb. 10 Jan. 28 5 Jan. 6 Mar. 31 Jan. 5 28 46 X Jan. 1/7 2X Jan. 11 45 95c 3 Jan. Mar. Jan. 5 Jan. 14 2 3 Feb. 13 Mar. 11 Feb. 4 4 X Feb. 147 X Jan. 42 Feb. 23 Mar. 8 Jan. 22 7 UNLISTED. 2,243 * 100 Lone Star Gas *X% pref.100 v tc * 3,858 PennroadCorp No'par value, x Ex-dividend. 113 4# Sale 113 4X Mar. 25 Feb. 4X Jan. p Jan. ' 2c 1 30 Jan. Mar. Jan. 16 i Feb. 15 i Mar. 5 I Jan. 11 16X Feb. liM 4 Feb. 8 Feb. 26 Feb. 3 j Jan. Feb. Jan. Jan. Jan. 16 Mar. 3 Feb. 13 Jan. 14 Mar. 11 Jan. Jan. Jan. 27 25 Jan. 3X Jan. 35 90 92 Mar. 18 2 11 20 2# Mar. 11 5 t Mar, 2 28 X Mar. 31 18 X Mar 31 4c Mar. 4 7 X Mar. 5 '55 X "Mar."29 i 4 8 3 34 Sale 29 4 .3 Mar. 11 6X Mar. 29 ix Mar. IX Mar. 3c Jan. Mar. 3 Mar. ! 2 Mar. W 28 2 13X Mar. 31 4' 5X Mar. 12 Mar. Sale 51X Sale 4 24X Mar. 18 » 19 Jan. 11 23 X Mar. 22 92 2 Jan. 106X Jan. Mar. Mar. 12 Jan. 10 1 Mar. 29 Mar. 9 25 18 31 '■/ Mar. 42 Mar. 25 Mar. 20 Jan. 11 Jan. 4 : 7 4 i w* 23 1 6 15c 6 8 5 Jan. Mar. 31 1 2 Mar. 10 IX Feb. Jan. Mar. 29 Mar. 30 IS* 91 Mar. 11 3X Mar. 1 51*6 10 17X Mar. 8 7 2 15c Mar. 22 8 Mar. 13 Mar. 2 4X Mar. 16 72 X Mar. 5 11X Mar. 4 Jan. Feb. Feb. 5X Jan. 1 9 Mar. "2 Mar. 29 5 5 27 Mar. 23 Feb. 16 Jan. 50c 6 £ Feb. 8 2 Jan. 13 I Mar. 12 I Mar. 10 19 Jan.i; Mar. Mar. Mar. 24 Sale W" "52" ""I"# Sale" Mar. 10 9 40 Sale 5X Sale 9,852 Westinghouse Air Brake—. 1,738 Westghouse El 8c Mfg... 22X Mar. 15 13X Mar. 19 10c 15c 6 Sale 91 28 X Sale 7 13 X 32 Mar. 23 3# Mar. 9 66X Mar. 23 9X Mar. 23 "~2X "3" 2 18 X 4c Mar. 11 7 Mar. 23 20 X Feb. 2X Mar. 15 Mar. 20 12# Mar. 15 Sale" "Ifx "18# '28 25 Sale ::::: "6ox 1.00 Mar. 10 2 8 20# Mar. 139 Standard Steel Spring..... United Engine 8c Fdy new 370 Vanadium Alloy Steel 29,990 Victor Brewing Co 970 Waverly Oil A 5X 40 "Mar "3 50c 21 25 X T?x 20 X Mar. Jan. 60 X Jan. 23 3 1 27 "i5c~ 3# Sale 13X13# 3 40 1 11X Sale 3X 3X 67 X Sale 10 X Sale 9X Sale 10c 1,684 Plymouth Oil Co...........5 25,300 1,165 76,300 61,010 2,969 2.405 5,273 4,076 Mar. 12 Mar. 23 47 3 Mar. IX IX 52 X Mar. 3 54X Sale 58X Mar. 23 94 92# 91 108 107 Mar. 30 111X 25 - 5 ............100 94~~ "96" 111# 3X ......... « 22 Sale 11X Sale 25X Preferred "22# Sale "7X : Mar. 12 10 7X Mar. 18X Mar. 8 13X : Sale Fuel Supply...... 263 11 43 IX Nat Fireproofing Corp com 61 Penn Federal Corp pref 100 Mountain 21# Sale '93"" "97"" 38,118 McKinney Manufacturing..* 6 2,916 ttesta Machine. 116,635 40,199 43 5X Mar. 30 15X Mar. 30 2X Mar. 15 com 380 Jeannet Glass preferred.. Lone Star Gas Sale 10 31 2,319 Koppera Gas St Coke pref.-100 107 47,965 50c 20X Pollansbee Bros pref loo Fort Pittsburgh Brewing ...1 25,025 5# Sale ♦ Duquesne Brewing...... .—5 2,336 Electric 10,874 "T" !io . Duff-Norton Mfg Co . 20 X Mar. 7X 15X Devonian Oil - Mar. 23 65X Mar. 29 26X Mar. 23 mm mm* IX 10 776 Pittsburgh Plate Glass....25 7,610 110 35c 19,627 Pitts Screw 8c Bolt Corp.... • 11,917 Pittsburgh Steel Foundry..* 10 Sale 10X .SO 199 510 8X 10 Tx llliI 4,882 699 Highest Sale Prices 25c ......... •/' 3,000 RANGE SINCE JAN. 1 Lowest Ask 116 110 _• ...... Clark (D L) Candy 8,097 Columbia Gas Ac Electric. * : 500 Preferred. 320 Consol Ice Co common.. 54 Preferred.... 10 300 2,025 4,430 371 March 31 Ask Bid —* ... Arkansas Nat Gas 11,460 * 320 "3", 444 Bid 520 Central Ohio Steel Prod. 3,225 1,070 Ask 1940 103,369 Carnegie Metals Rights 155,460 ***"26 $1,000 STOCKS Shares 1,142 1,105 March 1 1937 5,000 Pittsburgh Brewing 6s 200 Jan. 1 to March 31 1936 $4,000 6,000 PRICES IN MARCH Bid 470 961,676 1937 • , Price BONDS Jan. 1 4,000 March Jan. 2 Since % Shares Bond Sales 217,561 PITTSBURGH STOCK EXCHANGE In PITTSBURGH STOCK EXCHANGE 1936 20 113 4 Feb. 5X Mar. 20 8 , MONTHLY AND YEARLY RANGE OF PRICES ON PHILADELPHIA Stock Sales Shares-al,l$l,22G 2,154,299 Jan. 1 to March 31 AGGREGATE Since March Jan. 1 . BONDS March 1 Pa 3%swl 1st 5s... ' ^ - Highest Lowest Sale Prices Sale Prices 16% Mar. 29 108% "Mar ."29 108% Mar 25 Mar. 13 19 Mar, 2 21 . Mar. 31 19 Jan. 109% Jan. 110% Jan. ...1966 Phlla Elec Pow Go 5%s-.1972 26% Sale 178% Sale 8% Sale 21% 167% 7% 25 "45~~ Sale" 41% 38% 123% 11% 88% 39% Sale 12% Sale "lOll Sale" 125% Sale 41 % Sale 65 % Sale 27% Sale 137% 139 40% Sale 108 11% 20% 3% 4% 111 11% Sale Sale Sale 12% Sale 4 % Sale 43 Sale ®32 Sale 168 173 3% Sale 116 Sale 35% Sale 6% Mar. 23 121% Mar. 17% Mar. 40% Mar. 61% Mar. 27% Mar. 136% Mar. 39% Mar. 109 9% 20% 3 4% 17 29 24 29 24 31 22 30 11 22 18 20 22 Mar. 4 Mar. 30 Mar. 1 Mar. 20 Mar. 11 11% Mar. 4% Mar. 42% Mar. ®32 Mar. 169% Mar. 3% Mar. 113% Mar. 34% Mar. 31 1 2 2 4 31 22 31 Mar. 23 6 Mar. 30 10% Mar. 30 1% Mar. 1 34 32 12% 1% 10 Mar. 30 29 31 Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. 6% Sale Sale 12% Mar. 3 8% Mar. 10 13% Mar. 1 40% Mar. 29 %, Mar. 19 71% Mar. 31 28% Mar. 31 % Mar. 8 1% Mar. 15 Highest Sale Prices 11% Jan. 4 16% Mar. 29 13% Feb. 4 13% Feb. 4 108% Mar. 29 1082-6 Mar. 25 110 (Pa) 1st s f 4s. 1966 39 125 ') Lowest Sale Prices March 31 12% Mar. 12 1952 11 $11 25 RANGE SINCE JAN. 1 ... Peoples Pass tr ctfa 4s...l94i Phlla Elec > PRICES IN MARCH Elec & Peoples tr ctfa 4s. 1945 Small Bonds STOCK EXCHANGE Bond Sales March Jan. 1 to March 31 1936 593,603 1,959,519 PHILADELPHIA STOCK EXCHANGE SALES In 1937 - March RECORD 21 4 110 Mar. 13 4 Jan. 21 110% Jan. 5 111% Feb. 7 I 21% Mar. 30 26% Feb. 17 167% Mar. 29 187% Jan. 8 Jan. 30 7% Feb. 24 11 25 38 Mar. 17 Jan. 5 25 Mar. 17 45 Mar. 1 Mar. 35% Jan. 4 43 121% Jan. 4 127% Mar. 11% Mar. 24 14% Jan. 87 Feb. 9 88% Mar. 13 Feb. 9% Jan. 5 9 12 110% Jan. 17% Mar. 40% Mar. 60% Jan. 21% Jan. 136% Mar. 39 Jan. Mar. 109 9% 17% 2% 2% 4 134% Mar. 30 20% Feb. 11 44% Jan. 4 70% Feb. Mar. 26 29 Feb. 20 139 4 41 % Feb. 4 112 Mar. 30 Jan. 28 Jan. 2 Feb, 8 11% Mar. 31 Jan. 4% Jan. 13% Mar. Jan. 2 1 11 %, Mar. 19 15 3 11 18 11 4 18 16 21 13% Jan. 16 24% Mar. 17 4 Jan. 9 5% Feb. 13 14% Jan. 16 5% Mar. 6 50% Mar. 17 4% Jan. 4 3954 Jan. 4 ®32 Mar. 2 is32 Mar. Feb. 164% Jan. 6 175 2% Jan. 14 3% Feb. 113% Mar. 22 117% Feb. 34% Mar. 31 35% Mar. 24 Feb. 10 34 Feb. 5% Jan. 8 7% Feb. 10% Mar. 30 13% Jan. 3 % Feb. 1% Mar. 1 12% Jan. 4 16% Feb. 238 12 31 11 8 26 2 8 10 13 29 3 5 9% Feb. 18 20 Jan. 2 45% Jan. 14 Mar. 15 76% Jan. 6 32% Feb. 5 % Jan. 28 -y- Cleveland Stock Exchange MONTHLY AND YEARLY RECORD 1 RANGE OF PRICES ON CLEVELAND STOCK EXCHANGE Stock Sales ' March-* Shares_ Jan. 1 to March 31__. AGGREGATE SALES In Since March Jan. 1 Shares Shares _ 1937 1936 80,146 252,111 65,464 219,273 Bond Sales March— Jan. 1 to March 31 — PRICES IN MARCH CLEVELAND STOCK EXCHANGE RANGE SINCE JAN. 1 Price Jan. 2 STOCKS par, 1,176 Air-Way El App! let 7% pf 100 2,463 Akron Brass Mfg common...* 311 Apex Electric & Mfg. * 562 Preferred..............100 20 Canfield Oil 7% cum pref 100 359 City ice Ac Fuel .....* 4,864 Clark Controller new ...1 1,471 Cleveland Builders Realty..* 11,147 Cleveland Cliffs Iron pref...* 321 Clev El 111 $4.50 cum pref * 436 Cleveland &ys 100 2,343 Certificates of deposit..100 1,022 Cleveland Ac Buffalo Tran..* 61,474 Cliffs Corporation v t C_..._* 3,417 Commercial Bookbinding...* 1937 March 1 March 31 Lowest Lowest Highest Sale Prices 25 Mar. 2 Sale Prices 27 Mar. 2 12 *4 Mar. 19 14 Mar. 1 98 Mar. 2 Mar. Mar. Mar. 3 5 90 Mar. 1 101** Mar. 106** Mar. 12 108** Mar. 9 19** Mar. 24 38** Mar. 15 6** Mar. 23 56 55 3 Mar. 2 Mar. 19 Mar. 18 39** Mar. 43** Mar. 1 1 21 40 8 60 1 3 Mar. 1? 58** Mar. 2 4** Mar. 24 50 50 Mar. 4 Mar. 17 56 Dow Chemical 5% pref.. .100 2,412 Klec Controller A Mfg......* 498 Faultless Rubber..........* 40 Federal Knitting Mills .....* 3,620 Foote Burt .* 40 69 Mar. 11 Mar. 11 54 69 Mar. 25 Mar. 11 50 Mar. £3 60 Mar. 15 496 Halle Brothers.............5 281 Henna (M A) $5 pref * 30 Mar. 30 Mar. 9 Mar. 29 Mar. 29 Mar. 9 Mar. 12 9,796 Lameon Sessions * 3,923 Leland Electric............* 25 McKay Machine. * 4,059 McKee (Arthur G) B • 4,467 Medusa Portland Cement...* 5,473 Metropolitan Paving Brick..* 965 Miller Wholesale Drug.._...* 895 Monarch Machine Tool Co..* 3,549 Murray Ohio Mfg.... ; .♦ 9.822 NatlonallReflnlng......—25 195 Preferred.... .......100 13,643 National Tils • 7,244 National Tool.............50 455 Preferred..............100 1,560 Nestle Le Mur "A" * 98 Nineteen Hundred Corp A..* 1,304 Ohio Brass B. 200 Ohio Confection...........* 2,614 Packer Corp...............* 3,786 Patterson-Sargent.........* ■'v 12,540 Peerless Corp .....3 i 8,965 Richman Bros.............* 5,905 Seiberllng Rubber.........* 2,447 Preferred .....100 1,268 S M A Corp common.......! 20 Stouffer Corp A............* ...... 1,110 Union Metals Mfg Co * 9,994 Upson-Walton.............1 9,188 Van Dorn Iron Wks Co com.* 3,442 Vlchek Tool...............* 9,247 Warren Ref Ac Chemcom 2 3,163 Weinberger Drug » • No par value, 96 40 30100 Feb. Jan. 105 Feb. 17 105 Feb. 17 5 19** Mar. 24 32 Jan. Feb. 5 10 9 103** Mar. 29 103** 15 Mar. 27 16** 62** Mar. 2 73** 36 Mar. 22 37** 26 J* Mar. 25 30; 11 21 Mar. 9 Mar. 24 26** Mar. 23 48 50 Mar. 29 Mar. 23 8** 13** 26** 23*4 Mar. 2 Mar. 30 Mar. 31 Mar. 30 10 Mar. 27 99 8 Mar. 3 Mar. 29 2 Mar. 29 18** Mar. 13 1*4 Mar. 19 Mar. 8 102 33 Jan. 28 104 Feb. 3 54 59** Feb. 26 69 Mar. 23 60 56 28** Jan. 101 14 Jan. Jan. 56 24 Feb. Jan. 15 Jan. Jan. 5 7 26 ** Mar. 12*4 Mar. 31 2 19 26** Mar. 23 26** Mar. 23 58** Mar. 4 3 42 Jan. Mar. 9 11*4 Mar. 9 40 7 Jan. 6 Feb. 13 58 28 Mar. 3 Mar. 8 Mar. * 1 12 99 15 35 Mar. Mar. 5 3 10** Mar. 1 3** Mar. 1 20 2 Mar. Mar. 3 2 5 Jan. Mar. Jan. Feb. 1 9 8 20 20 24 4 17 4 3 8 4 Feb. 23 Jan. 8 Feb. 10 Mar. 25 Mar. 11 Jan. 9 30** Jan. 6 8 104 Jan. 13 18 16** Mar. 29 1 73** Mar. 9 25** Jan. 21 9 6 21 Feb. .18 40** Feb. 10 8 Mar. 86 J* Jan. 5 102** Mar. 106** Mar. 12 112 Jan. 56 Mar. 2 63** Jan. 53 Feb. 4 63 *| Jan. *4 Jan. 12 4** Mar. 33 J* Jan. 5 50 Mar. 30 Jan. 22 50 Mar. 4 Jan. 4117 Feb. 4 95 Feb. 17 30 47** Feb. 4 49J* 17** Jan. 26 22** 7 Jan. 8 7 266 Grelf Bros Cooperage ......* 3,417 InterlakeSS. 4,403 Jaeger Machine............* 3,040 Kelly Island L AcT • 33^( Jan. 23 14** Feb. 20 Jan. Jan. 68 25 75 Gen Tire Ac Rubber 6% pflOO 113 Great Lakes Towing 100 65 Preferred..............100 • Sale Prices 117 ■% v; 25 Fostorla Pressed Steel—....* 433 Harbauer.. 12*4 Mar. 19 35 97"" Mar,"16 Highest Sale Prices 22 Jan* ~6 9 37** Mar. 12 30 Mar. 8 14 27 Jan. Jan. 13 22 26** Mar. 23 58** Mar. 3 60 Feb. 1 13 11** Mar. 9 15 Jan. 18 26 35 Mar. 8 235* Mar. 30 30 Jan. 4 95* Jan. 22 Jan. 75* Jan. 95 Jan. 18 12** Feb. 19 15 99 75* Jan. 21 15* Jan. 4 11 Jan. 19 15* Jan. 6 295* Feb. 10 "57** Mar .'"I 44 7 Mar. 11 6 Jan. Feb. 5 6 17 Mar. 22 16 Jan. 8 25** 5*4 51*4 6** Mar. 29 Mar. 22 Mar. 30 Mar. 2 25** Mar. 29 3M Jan. 5 50 Mar. 1 39 17** Mar. 12 17 52 Feb. 65* Mar. Jan. Feb. 15 2 2 5 32** Feb. 10 155* 8** 95* 13** Jan. Jan. Jan. Mar. 16 23 11 16 Feb. 2 17** Feb. 3 5 Feb. 18 10** Mar. 1 4** Feb. 20 20 Feb. 20 25* Feb. 24 30** Feb. 6 67 Mar. 9 7 Mar. 11 20** 34 7** 57** 8 595* Mar. 3 Feb. 5 Mar. 3 Mar. 8 Jan. 12 Jan. 22 19 Jan. 9 32** Feb. 10 21** Mar. 25 13** Mar. 1 14 Feb. 13 15** Jan. 2 5** Jan. 5 24 Mar. 20 .Y '{ , lv MONTHLY AND YEARLY RECORD ?U#Z: RANGE OF PRICES ON DETROIT STOCK EXCHANGE 1937 Stock Sales Since March Jan. 1 Shares Shares 1,475 1,435 5,590 ' : V 500 :;.v par ;• Auto City Brewing common. * Baldwin Rubber common—1 Brass...5 Bohn Aluminum & Brlggs Mfg Co common * Burroughs Adding Mach..^* Burry Biscuit Corp ....12 He Capital City Products .* 2,948,486 RANQE SINCE JAN 1. V March March 1 1937 Bid Ask Bid 194 IX 934 Sale 2 Sale IX 15 Sale 13 K 43 H „ IK 1494 1734 2194 22 K Sale 45 K 49 50 94 31K 33 634 Sale 16 21 14% 1594 18 18 K 18H 41 44 45 52 54 54 46 K 55 3394 31r* sill 35 , Lowest Highest Lowest Highest } Sale Priest' Salt Prices Sals Prices Sale Prices 31 ASk .Ask Bid 1936 1937 .Shares. 1,925,284 h^grch 31 Price STOCKS 23.641 106,207 2,124 2,968 5 <798 15,435 3,423 600 Stock Sales Jan. 1 to Jan. 2 In 4,960 22,827 i I PRICES IN MARCH DETROIT STOCK EXCHANGE SALES AGGREGATE 1936 787,288 , 697,056 Shares. March IX Mar. 11 12K Mar. 22 Mar. 8 2 Mar. 1 1534 Mar. 1 Mar. 8 46 46 50J*&!ar. 25 3494 Mar. 11 6X Mar. 3 21 % Mar. 16 50X Mar. 25 3494 Mar. 11 7A Mar. 8 22 Mar. 4 18*34 20 4 5 14 50 X Mar. 25 IX Jan. 9X Jan. 43 X Jan. 33 Jan. 11 6X Feb. 25 15 Jan. 8 234 Feb. 18 15H Feb. 19 Feb. 27 47 5694 Jan. 14 35 21 Jan. 7 A Mar. 23 Feb. 8 9 Chamberlin Metal Weather 8,676 2,127 3,900 1,860 Strip Co common.........5 6,960 Chrysler Corp common 6 2,865 Consolidated Paper com—10 1 6,770 Continental Motors com 725 Crowley, Milner & Co com—* 1,840 Cunningham Drug Sts..2.50 1,005 200 331 303 r(: 12,245 11,487 Deisel Wemmer Glib com..10 18,356 Detroit & Cleyel Na* com__10 43.962 Detroit 1,112 Detroit 19,646 Detroit 14,976 Detroit 17,173 Detroit 770 Detroit 675 1,090 4,157 2,874 100 Cripple Creek G M--I Rdlson com lit Mich Stove common. Paper Products Steel Corp » com.....5 4,685 1,062 "7", 351 23 X 294 2A , -126 20 2034 334 Sale 1134 S|le "26" 2*A VSaJe 135-vtT45^ 9 Sale Sale 8 1834 19 59 3334 1194 1734 35 14 20 Sale 20 834 •534 194 934 634 994 9 25 K : 9K 2K 134 3 .2134 3X 9 10 K 22 K 23 K Sale 2Z Sale Sale Sale 734 Sale 8 K Sale 2434 25 8 794 8 22 Jan. 24A Mar. 22 23 Mar. 23 4 Mar. 1 4 Mar. 25 ZA Mar.22 % Mar. 1 Sale 42 4 2 3 1 20 Feb. 24 2X Jan. 4 Feb. 2 26 9 7X 7X 18X 56 X 4 Mar. 31 Mar. 22 Jan. 11 Jan. 8 Feb. Jan. 7 3 16 Feb. 19 13 Mar. 18 Mar. 2734 Mar. 10 20 18H Mar. 22 8X Jan. 4 183 Mar. 22 21 Mar. 1034 Mar. 9 Mar. 10 2 35 X Feb. 9 13 Mar. 18 Jan. 7 7 VA /Mar, 22 "2HMar'.'"2 Mar.22 Jan. Mar. 18 10 5 10 Jan. 8 4 3X Feb. 1194 Mar. 4 2594 Feb. 15 2434 Mar. 22 Mar. 22 2 2 Jan. 22 294 Jan. 6 X Mar. 23 125 Mar. 13 17 38 28 Mar. Mar. 11894 Jan. 62 24 J *lW 3 MarT 27 Mar. 8 2734 Mar. 23X Mar. 22 15 K Sale Mgrt\ Mar. 22 135 Mar. 125 7 4 Mar. 31 9A Mar. 9 Mar. 7 i Mar. 22 26 2 Mar. 12 7 20 12 132 X Mar. 3 Mar. 23 Mar. 10X 15 X Jan. 23 62 Sale 20 UK 2% Mar. 12 23 3 34 11 3 ' Mar. 20 3K 127 X - 34 H 36 13 15.. xl7K x26 K 20 K Sale 10 20 Mar. 25 132 X 21 Mar. 3 Mar. 20 3X 1194 A 127 126 124 27 39* Sale -294 At Sale 15034 ..* Steel Products 124 114 22 1 704 Eaton Manufac'g Co com...4 * 1,292 Eureka Vacuum Cleaner 3 1,668 Ei-Cello Aircraft Ac Tool 13,854 Federal Mogul common.....* 13.491 Federal Motor Truck com • • 1,230 Federal Screw Works com 26,731 Frankenmuth Brewing com.l 195 672 ,V 303 112 20 Jan. 11 IX Jan. 4 6ZX Feb. 19 35J4. Feb. 14 Jan. 9 21 27 X Mar. 10 23 Jan. 18 1194 Feb. 18 Feb. 9 15 294 Feb. 18 .• 27.642 GarWood Industries com...3 7,951 835 Gemmer Mfg Co class A.....* 250 4.478 17,882 48,206 42,402 54,700 12,269 8,468 18,213 2,055 6,319 10,607 6,576 7,135 5,065 1,641 2,636 ; , Goebel Brewing Co com... Graham-Paige Motor com.. 253 Grand Valley Brew common. 1 Hall Lamp com!. Hoover Steel Ball com... • 10 * common.. 1634 40 <41* 22,061 Lakey Fdy St Mach 569 1,242 93,848 4,680 100,067 6,698 1,320 43,737 2,234 8.590 35,410 1,330 22,126 500 39", 392 1,389 2,235 10,253 16,770 W* 40 ""5" 63 ^ 24 x4 X Sale 6534, 534 m 4 Sale 2 2 Sale 6 6K 179* 20 71 27,748 42 1 10 ... common. 1 489 * 30 634 6 94 23 22 360 5,336 5,863 5,298 5,953 1,600 11,643 23 34 24 94 "4 McClanahan OH Co com....l 1H 434 Sale McClanahan Refineries..... 1 2 Sale Mich Steel Tube Prod. 2.50 Michigan Sugar com.......* Preferred... 10 Micromatic Hone Corp...__l Mid-West Abrasive com 50c 29 23 24 IK 6K 394 3 94 1634 IK 8 4 4 3434 "3534 . Sale 4K IK Sale 23 1634 1934 18 20H 23,515 34,762 2,680 59,565 2,047 7 757 60 13",662 42 25X 8 Tlvoll Brewing Co common.l 632 Universal Product """510 a37^ Sale . 8,234 38,543 43.717 17,775 4,714 117 No par value, e 10 37 8K 3 K Sale 4 394 5 33 22 Sale 3534 23 A 38 39 X 24 27 Sale 18X 4 X Sale 12 10 6 Sale Sale 7A Sale Sale 4X Sale Sale 26 25K Sale Sale 37 K 15H Jan. 15 1934 Feb. 1 2 38 Feb. 15 43 2 Mar. 15 Mar. 1 Mar. 3 Mar. 4 4K Mar. 3 12 Jan. 20 29H Mar. 15 4X 60 K 6X 3X IX Mar. 16 Jan. 4 Jan. 2 Jan. 8 Mar. 12 5X Feb. 16 6 17 Jan. aVK 62 Mar. 22 6A 3X IX 6K 18 A Mar. 23 80 6 8X 7 9 634 9 Sale 35 28 30 7 4 % Sale 1634 17 1 2 Young (L A) Spring St Wire.* Sale 43 X r Sold 44K for cash, 43 x Mar. 2934 x4X 68X 7X Mar. 22 Mar. 12 Mar. 4 2 Mar. 12 20 Mar. 30 8034 Mar. 24 Mar. 1 6X Mar. 2 Mar. 1 23X Mar. 29 20K Mar. 23 IX Mar. 30 5X Mar. 19 X Mar. 19 % Mar. 11 25X Mar. 27 694 Mar. 23 2534 22X IX x7K X IX 26X 5A 30 8 25 102 .—- 24 27 X Mar. 30 294 Mar. 1 3 A Mar. 3 1X Mar. 1 2K Mar. 3 2 Mar. 2 Mar. 17 3X Mar. 16 1 Mar. 2 Mar. 16 i Mar. 3 7 Mar. 1 4 3X Mar. 10 3X Mar. 25 5X Mar. 31 23 Mar. 12 194 7A 3A 4X Mar. 9 Mar. 11 Mar. 3 Mar. 4 7 Mar. 1 23K Mar. 10 2 11A Mar. 3 13 42 1 25 19 31 16 19 Sale 1094 11 9 K Sale 38 45 Ex-dividend. 27 6 6 3X Mar. 16 1 Jan. 2 16 1 7 Jan. 1 4 2 Jan. 16 Feb. 13 Mar. 3 5K Mar. 634 Mar. 35 Mar. 3 2 Mar. 1 9 9 4 2594 Mar. 11 Mar. 10 Mar. Mar. 22 Mar. Mar. 25 2 Mar. 1 5 8 Mar. 10 Mar. 16 Mar. 16 Mar. 18 Mar. 15 Mar. 27 834 Mar. 25 Mar. 6 24 IX Mar. 1 6 Mar. 22 % Mar. 5 16 Mar. 23 1 13 Mar. 20 6X Mar. 1 IX Mar. 4 794 Mar. 3 % Mar. 29 18 Mar. 2 Feb. 13 Feb. 9 Mar. 5 Jan. 2 2934 Jan. 934 Feb. 8 2 27 X Mar. 30 294 434 134 294 18 Feb. 13 Feb. 5 Jan. 15 Jan. 14 Feb. 10 - - 3X 3X 5X 36X 21X 1694 16X Mar. 1 Mar. Jan. Mar. Jan. Jan. Mar. Mar. 10 4 31 8 4 22 27 194 734 434 494 Mar. 9 Mar. 11 Jan. 23 Jan. 20 8 Feb. 10 3634 Jan. 8 17 2094 Feb. 11 2134 Jan* 8 26 Feb. 1234 Feb. 18 3 Jan. 5 28 Feb. 2 13 X Jan. 5 19 Feb. 10 334 Jan. 7 4X Jan. 5X Jan. Jan. 293 Jan. 24 Jan. _ 100 Jan. 37 X Jan. 22X Jan. 43* Mar. 8 13 Feb. 19 Jan. 4 Feb. 18 Feb. 11 6 63* 994 59* 6X 35 4 1034 Jan. 25 6 5 Jan. Mar. 22 4 12 27 Feb. 8 9 L03 Mar. 10 22 3734 Jan. 22 5 2834 Feb. 8 109 7X Mar. 30 10 X Mar. 22 9X Mar. 25 35 Ifff • - Jan. 26 15X Mar. 16 29X Mar. 15 8X Mar. 18 5 634 Jan. 3234 Feb. 16 6 A Mar. Feb. IX 834 94 194 11X Mar. 19 5 A Mar. 29 5 Jan. 5 ----- 53 2 4 30 19 19 11 11A Mar. 19 694 Mar. 1 » 634 Mar. 17 28 Feb. 4494 Feb. Mar."30 '"934Marn Mar. 36 8X 9K 8 K Sale 34X 28 34 634 Sale 134 Sale 694 Sale % Sale 15X 17 K Feb. Jan. 22 108 X Feb. "7 Feb. 41 25 Mar. ....1120 8 Jan. Mar. Mar. Mar. Mar. Mar. l-A.-V 25 8034 Mar. 24 26X Mar. 25 18X Mar. 29 4A Mar. 8 26 25 22 4 10K Jan. 37 X Mar. 13 L03 6 Jan. Mar. 23 18X Mar. 29 7 7X Mar. 15 20 1 11 18 23 4 10 Feb. 494 Jan. 22 234 Feb. 18 2734 Feb. 11 Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Feb. 8 1834 134 5X X % 25 X 6X 16X Mar. 22 1634 Mar. 27 10X 37X 2634 15X 434 1134 5A 7A 4X 7 70 23 X Mar. 29 Mar. 30 2634 Jan. Mar. Mar. 5 Mar. 25 Mar. 13 Mar. 1 Mar. 5 Mar. 1 Mar. 12 Mar. 20 31 Mar. 24 Sale" 7K Mar. 22 8 Mar. 2594 25 10294 Mar. 4 6 Jan. 7 12 70X Feb. 24 40 .. 27 Wayne Screw Prod Deferred delivery sales, M Sale 36 3 43 2 1534 11 6X Sale 134 Sale olverlne Brewing Co com Wolverine Tube Co com Sale 17 Sale 1SX Mar. Mar. Mar. 15 8K ...... com 1 10 120 9 com.... A 27 34 Sale 2 X Sale 3K 3K 16 Warner Aircraft Corp com..l Class B 7X Sale 11K Sale -978 Walker 8c Co class A...... 2,146 12,993 9,994 6,225 800 2534 120 Sale 39H 10 K 1 259 17 a12^ Sale Mar. 23 1 com new 100 6% preferred new 50 7,262 Universal Cooler class A-.._* Class B • 24,661 " 1,945 8,045 34% 24X 19 1834 102 X 10 22 201 U S Radiator 201 100 23 ....100 68,141 Sale c1(?^ Sale Standard Tube Co class B..__ Stearns (Frederick) com....* 5,461 Union Investment Co com..* 9,286 United Shirt Distributors..* 3,741 U S Graphite Co com.....10 2,587 2,805 1,516 18 34 rimken Axle com.........If Preferred 100 Sale UK Sale ..IS 188 5% cum part pref 182 Sutherland Paper Co 3,841 ; 33X 23 34 18 X 5K 6K com IK 3K 4 4 34 Sale 6 Ocotten Dillon 6K 2 Rlckel (H W) St Co common.2 River Raisin Paper com... com.... % 25 17 34 "V" 7 21 8K 2K 3 X 12 6K 8K 41,366 Reo Motor 25 Sale IK Sale 6X Sale IK Sale 27 7X 16 43 2 23 A Mar. Mar. 16 ..... 27 19* Sale 29 11,810 Parker Wolverine Co com...* 60,529 Peninsular Metal Products.l 4,129 Pfeiffer Brewing Co com * 14,616 Prudential Investing Corp.] 5,395 19,292 394 4 IX 2 6K 6K 19 K Sale 75 85 42 Sale IK Sale x7K Sale 42,567 Packard Motor Co com,....* 25,242 Parke Davis St Co.......... • 2,126 Parker Rust Proof com.. 2.50 11,228 16,301 Sale 21 1 Mfg Co com........* 250 Motor Products Corp com • 5 5,532 Motor Wheel com 17,775 Murray Corp common.... .10 8,135 Muskegon Piston Rg com 2.50 1,363 4,763 1,652 7 24 27,324 Moore (Tom) Distillery Co. " 7K Sale 29 4 K Sale 62 63 X .... Mahon (R C) class A pref Masco Screw Products McAleer 67 7hT Sale 69* Sale 33* 1H w* 45 20 K 13H Houdallle-Hershey class A__* 24,925 Rights. 69,509 Kinsel Drug Co com 10,968 Sresge (8 8) Co com 24,925 26,050 2,778 1,602 * 1 1 1594 39 Class B * 3,112 23,370 Hudson Motor Car ..* 169,494 Hurd Lock & Mfg Co com 1 20,810 Kingston Products Corp 1 1,525 5,260 66,645 7,083 T,566 General Finance Corp com.l com 10 General Motors 375 Hoskins Mfg Co 205 " * Class B 11 634 Mar. 24 25X, Jan. 1 IX Mar. 5K Jan. 14 4 % Jan. 9 Jan. 20 10 Feb. 19 12 Jan. 18 11 Feb. 5 3834 Feb. 13 1534 Mar. 16 2994 Mar. 1 934 Feb. 1 834 Mar. 25 3534 Feb. 17 Mar. 20 29 79* Jan 194 Jan. 2 19 794 Feb. 8 % Feb. 24 Feb. 10 13 Jan. 2 18 44 Feb. 26 44 • Feb. 26 .1" April, 1937] AGGREGATE DETROIT SALES „ STOCK EXCHANGE PRICES IN MARCH detroit RANGE SINCE JAN. 1 stock exchange In Since March Jan. 1 Shares Shares 1,667 299 427 100 627 949 2,757 1,447 4.539 March 1 14.161 Commonw 4,239 Consolidated Oil Co < , 1.648 W 140 Borg Warner Corp com....It Ac Southern Corp * 3,219 1.296 442 STOCKS Unlisted Dept.— ^ 5.051 American Radiator.........4 784 Amer Tel Ac Tel Co ...191 1.625 Borden Co .....25 4 1,343 General Pooda Corp........4 4,922 2,421 2,987 15,348 2,930 8,256 Hupp Motor Car Corp lo Kennecott Copper Corp....4 March 31 Bid 25 34 171 Ask 147 411 Purity Bakerlea Corp.......4 1,854 1.654 6,496 Socony-Vacuum Corp.....25 4.011 Standard Brands Inc.......4 Lowest Highest Sale Prices Sale Prices 24 34 Mar. 29 Sale 16934 Mar. 23 Sale 1634 Sale 4234 Sale "6634 Sale" Krofter Groc At Bak Co.....4 Nash-Kelvlnator Corp... 5 National Dairy Prod Corp--4 N Y Central RR .160 Highest Sale Prices Sale 2634 Sale 3 Lowest Sale Prices "2234 Sale" 2434 Sale 6234 Sale 2634 Mar. 8034 Mar. 3 Mar. 1534 Mar. 4134 Mar. 134 Mar. 6134 Mar. 2234 Mar. 2034 Mar. 23 34 Mar. 31 25 2 1 19 25 27 3 22 8 4534 Mar. 1 21 Mar: 12 1754 Mar. 23 1434 Mar. 29 27% :8034 2734 8034 334 1734 4334 Mar. 6 Mar. 4 Mar. 15 Mar. 25 Mar. 9 Mar. 11 Mar. 5 23^ Mar. 1 4 6834 Mar. 10 2434 16934 2634 7734 3 1534 39 134 5734 2334 2434 2534 5534 Mar. 11 Mar. 4 Mar. 13 Mar. 17 2234 23 Mar. 3 1834 1934 Mar. 11 1634 1434 16 Mar. 6 1734 2334 40 Mar. Mar. Feb. Jan. 29 2934 Feb. 23 18634 Jan. 2734 Jan. 8034 Mar. Feb. 27 434 Jan. Feb. 24 1734 Mar. Jan. 12 4434 Feb. 2 34 Jan. Mar .|25 Jan. 28 6834 Mar. Jan. 27 2434 Jan. Jan. 8 £2434 Jan. Jan. 5 2634 Feb. Jan. 4 5534 Mar. Jan. 4 2334 Feb. Jan. 14 1934 Mar. Mar. 29 1634 Jan. 23 13 4 7 16 25 18 11 4 15 10 18 28 9 17 25 11 21 San Francisco Stock •'•'i MONTHLY AND YEARLY RECORD ■J ■ , '• :,v ' ; i.v -; ff "f. ■ * fff. f FRANCISCO STOCK EXCHANGE RANGE OF PRICES ON THE SAN ' Shares_ March 2,461,518 Jan. 1 to March 31.—. Jan. 1 % S 16,000 7,000 , 1,000 1,000 500 Jan. 1 to March 31 100 2,370 10,553 4,662 311 9.605 10,772 2,531 235 1,209 130 4,350 6,930 620 7,260 1,435 135 1,138 638 4,182 1,251 177 360 BONDS Ask 34,000 Atlas Diesel Eng Co 6s.-.1945 105** 109 7,000 Calif Gas & Elec Corp 5 % 1937 102** 105** 105** 1,000 Calif Packing Corp 5%.-1940 103 1961 105 12,000 iCalif Water Serv 4% 105 106** Emporium Capwell 5 )*•-1942 1,000 2,000 Market Street Ry Co 7a.. 1940 102** 103 1,500 Pacific Gas A El Co 6s...1941 20,000 Ry Equip & Rlty Co 42*ft-1946 1952 2,000 S J Lt & Pt Corp 6% 14,000 tUnlon Oil Co Cal 4%...1947 Union Oil of Calif 3^8--1952 4,505 5,517 5,363 20,010 4,258 3,605 5.794 4,411 Alaska Juneau Gold M cap.10 274 Alaska Packers Assn cap—100 13,881 Anglo-CaUf Nat'l Bank 20 24,112 Assoclns Fund InccomcaplO 20,835 Atlas Imp Diesel Eng Co 5 1,532 Bank of Calif Nat Assncapioo 36,139 Bishop Oil Co 5 24,523 Byron Jackson com cap....* 106 106 106 1002* 103 102 105 109 119 101 128 104** 102 —~ 133 13,026 1,360 130 250 1.405 4,505 4,569 266 605 4,453 4,225 1,688 3,246 7,302 1.406 115 2,938 14** ■ 195 6 27 200 1012* Mar. 18 1012* Mar. 18 1022* Mar. 4 1022* Mar. 4 1142* 1172* 1142* Mar. 19 1142* Mar. 19 100 1022* 34** 5** 293 HO 17 36 52* 325 110** 172* 112** Sale 111 112 142* 142* 6** Sale 22** Sale 215 27 155 62* 202* 206 82* Sale 292* Sale 82* 312* 312* 292* Sale 222* 212* 112* 92* 22** 322* 23 10 11** 104 41 100 38 J* Sale 51** 532* 422* Sale . 104** 104** Q7 Q K 123** 125** 105 452* Sale 100 ifa. 2* 50 532* 47 106** 105 51 105 24** 252* Sale 53 42** 46 6** Sale 375 Sale 120 192* Sale 312 22 119 Sale 119 Sale 45 62* 120 846 22 46 50 * 9,941 El Dorado Oil Works cap * 24,060 Emporium Capwell cap Preferred 50 3,023 9,330 Emsco Derrick & Eq Co cap.5 , .......20 1,016 Fireman's Fund Indem cap 10 3,420 Fireman's Fund Insur cap 25 11.426J Food Machinery Corp com .10 17,334 Foster & Kleiser com......10 Class A preferred 25 1,962 Galland Mercantile Laundry (capital) General Motors...........10 Paint Corp. (new)-* Preferred................* Gladding McBean Co * * com Golden State Ltd cap Hale Bros Stores, Inc, cap..* ..........* 1,095 Hancock Oil.. 5 10.003 Hawaiian Pineapple Co of Calif capital 10 1,566 16,282 Honolulu Oil Corp Ltd cap.* 400 Honolulu Plantation cap 300 Hudson Motors Car Co 7,127 Hunt Bros Pack 20 * preferred. 10 1,669 430 Class A * 12,954 1.085 Hutchinson Sug Plant cap.15 1,063 862 8,843 4,056 44,762 4,307 10,365 57,438 1,094 1,474 4,013 68,876 4,412 40 90 645 9,978 712 746 4,666 465 1,072 645 4,892 ♦ — No par value, Langendorf United Bak dA* * Class B Le Tourneau Inc common.10 Leslie Salt Co capital .....* Libby McNeill & Libby * Corp com..1 Lock Heed Alrcr L A Gas A Elec 18 16 4 21 7 4 19 4 11 1 Jan. Jan. Jan. Jan. Jan. 21 342* Mar. 12 272* Feb. 9 322* Mar. 6 23 2* Mar. 11 282* Mar, 25 Mar. 24 6 122* Mar. 13 Mar. 2 Mar. 22 24 Mar. 8 210 Mar. 29 Mar. 1 15 J* 49 242* Sale 212* 222* 23** Sale 172* 58 Sale 23 47** Sale 17** 172* 57** 60 "18** 62 Sale 40 37** 40 932* Sale 48** 49** 4** Sale 17** 18 36** 612* 1324 36** 182* 7** Sale Sale 92** Sale 51 52** 7 Sale ; 212* Sale 392* Sale Sale Sale 14** 36** Sale Sale 64** 652* Sale 412* Sale 292* Sale 17 72* Sale Mar. 24 Mar. Mar. 44 42** 43** 35 Sale 31 33- 332* Mar. 19 Mar.'; 5 Mar. 5 452* Mar. 16 62* Mar. 3 Mar. 24 19 9 Mar. 212* 8 1202* 117 Mar. 1162* Mar. 10 1202* 192* Mar. 27 222* 99 Mar. 27 1002* 112* Mar. 27 172* 462* Mar. 31 59 Mar. 22 22 H 23 22 Mar. 46 2* Sale 46 Mar. 24 17 Sale 17 Mar. 30 3 90 Mar. 31 Mar. 23 7 Mar. 1 192* Mar. 24 22 Mar. 2 36 36 Mar. 31 62 Mar. 22 40 68 38 Mar. 29 272* Mar. x7 72* Mar. 12 Corp pref..100 Lyons-Maijnus Inc A... * B„ Magna vox Co Ltd (cap!tal)2** Magnln A Co (I) common Preferred * 100 t Removed from list Feb, 4. 30 172* 6** 2** 20 182* 7** 3 J* 22 30 ;, 20** 7 212* Sale " 3** 22 32* 24 15** Sale 4 2* 432* 402* Sale 142* 142* 102* Sale 42 932* Mar. 18 57 2* Mar. 31 Mar. 4 Mar. 2 172* Mar. 16 412* Mar. 1 30 Mar. 2 7 h Mar. 1 Jan. ai Feb. Feb. m Mar. 1022* Jan. 232* Jan. 35 Jan. 52* Jan. 325 110 Jan. Jan. Jan. 2 12 5 1062* Mar. 27 322* Mar. 8 4?ff 6 28 325 4 4 Mar. 16 Feb. 19 Jan. 28 1212* Mar. 24 242* Jan. 222* Mar. 31 1002* Mar. 31 172* Mar. 12 Mar. 12 7 59 Mar. 27 92* Jan, Jan. 26 Jan. 12 212* Jan. 14 46 Mar. 24 17 55 Mar. 30 Mar. 17 39 Jan. 14 90 Mar. 31 472* Jan. 25 27 Jan. Jan. 5 7 Mar. 1 175* Jan. 4 22 Mar. 2 612* 142* 362* 182* 7 Feb. Jan, Jan. Jan. Jan. Jan. 1 4 19 4 4 4 19 Jan. 19 4 36 Mar. 11 29 Mar. 28 15 212* Mar. 522* Mar. 2 222* Jan. 28 482* Jan. 5 232* Jan. 532* Jan. 43 42 442* Mar. 2 342* Mar. 15 322* Mar.127 40 Jan.. 7 312* Mar. 30 292* Jan. 12 442* Mar. 302* Sale Mar, 24 315* Mar. 30 302* Mar. 31 22 22 22 22 IZH it* 24 Mar. 31 62* Mar. 24 32s Mar. 24 232* Mar. 9 132* ill31 m 62* Mar. 30 8 Feb. Feb. 2 11 42* Feb. 3 22 Jan. Jan. 12 6 132* Mar. 17 32* Mar. 18 Mar. 1 132* Jan. 11 Mar. 2 Mar. 11 32* Jan. 332* Jan. 13 14 Sale Mar; Mar. Mar. Mar. Mar. Mar. Mar., 8 20 25 18 3 2 15 Mar?31 Mar. 8 t Bond was incorrectly reported in our lats issue as 2 362* Jan. 21 322* Mar. 27 3 40 142* 15 18 22 132* 40 Feb. 13 8 5 Mar. 10 412* Mar. 29 22 Mar. 31 72* Mar. 32* Mar. 25 Mar. 31 1 Feb. 82* Jan. 23 Sale 4 Feb. Jan. Mar. 31 62* 62* 32* Sale 29 242* Mar. 12 472* Mar.- 3 192* Mar. 11 602* Jan. 7 42 Feb. 16 962* Jan. 13 572* Mar. 31 Mar.'23 Sale 22 b 1202* Mar. 24 5 1202* Mar. 24 492* Mar. 22 40 32 2 16 Mar. 30 1052* Jan. 27 3 6 Jan. 992* Feb. Mar. 19 1242* Mar. 18 125 4 10 Jan. 122* Feb. 20 Mar. 5 56 432* Jan. 21 23 3 25 101 87 20 Mar. 31 13 452* Mar. 31 Jan. 15 242* 51 Sale 392* 132* 132* Sale 1122* 113„ 8 62* 62* 12* 12* 1V 32* 32* 32* 232* 212* Sale 22 212* 107 L07 1082* 105 107 Sale^ 4 Jan. Jan. 12 Mar. 24 Mar. 20 42 902* 57 2* Sale 52* 52* 192* 212* 72* Sale 7 Jan. 22 Mar. 16 Mar. 19 322* 26 105 2* 492* 392* 502* Mar. 12 58 162* Mar. 18 Feb. 35 242* Mar. 3 242* Mar. 12 472* Mar. 3 192* Mar. 11 41 632* 17 392* 28 122* Mar. 13 99 192* Mar. 27 Mar. 17 342* Mar. 12 Mar. 15 232* Mar. 11 99 Mar. Sale 8 Mar. 31 55 622* 162* 372* 272* Feb. Mar. 31 Mar. 12 40 5 4 8 19 7 109 58 3 Feb. Feb. Mar. 4 172* Jan. 1092* Jan. 40 Sale 512* Mar. 7 25 5 213 10 7 Jan. Mar. 24 53 1 9 12 72* Jan. 22 Mar. 24 39 222* 492* Sale 52 - Il7K~Ma?." "8 1212* 232* Mar, 30 20 41 222* 62* Mar. 11 232* 232* 21 47** 1 2 1062* Mar. 27 25 322* Mar. 8 Mar. 11 40 Mar. 43 9 Mar. 31 Sale 10 Mar. 18 125 Mar. Sale 3 Mar. 16 Mar. 20 51 4 Mar. 30 1042* Mar. Mar. 10 98 Mar. 23 11 Sale 4 Mar. 19 Mar. 6 Mar. 4 Mar. 12 102 40 Mar. 16 452* Mar. 31 Mar. 1 2* Mar. 9 Mar. 17 52 50 Mar. 24 47 462* Sale 23 22 212* 22** 492* 20 21 12 Mar. 1 100 12 Sale 152* Feb. 25 6 312* Feb. 17 Mar. 18 1552* Feb. 102* Mar. , 142* Feb. 24 232* 52* 192* 1942* 62* Sale 62* 375 3 Mar. 18 30f Mar. 72* Mar. Home Fire A Marine Insur 460 4,505 35 1012* 1142* 1022* 1312* 1022* Jan. 12 1102* Feb. Mar. 16 1022* Mar. Jan. 4 1042* Jan. Jan. Mar. 18 105 Jan 7 1052* Jan. Jan. 26 1022* Mar. Jan. Mar. 19 118 Jan. 4 1022* Jan. Feb. Feb. 13 132 Feb. Jan. 29 110 150 Mar. 19 282* Mar. 22 105 I 106 29 302* 292* 320 152* Mar. Mar. 18 150 392* 402* Sale 502* 502* Sale 992* 1022* 101 88 93 2* 952* 1252* 1242* 12 11 142* Mar. 25 150 272* 27 62* Sale 20 Sale 2102* 103 82* Sale 292* Sale 1002* 100 512 Ewa Plantation 1052* 1022* 1042* 1012* 10521 , 140 Sale 207 6 2* -12" Preferred 3,750 Sale 30 28 11 common 15 140 23** 24** 6** 52* 21** Sale Dl Giorgio Fruit Corp com. 10 General 10924 Mar. 29 1102* Mar. 24 1022* Mar. 16 1022* Mar. 16 Sale Prices listing Mar. 15,1937" " 15 133 Preferred (new) 1,375 18,158 23,940 8,383 27,107 30.595 Lowest Sale Prices Industries 10,048 Inc class A partlc pref • 19,733 Creameries of America...—* 50 Crocker First Nat Bk SFcaplOO 16,521 Crown Willamette pref * 80,149 Crown Zeller com ft t ctfs old Preference series A • 9,879 6,700 Preference series B • 5,794 Common (new) 671 Highest Sale Prices 107 1012* 1022* 100 116 Admitted to 102 99 101 121 104** 107 110 112 103 103 117 30** 29** 6,781 Calamba Sugar Estate com 20 212* 22** 725 Preferred 20 72* 8** 5,064 Calaveras Cement Co com— * 590 Preferred 100 103** 105 30 37** 8,087 Calif Cotton Mills cap...100 ** 6A 20,485 Calif-Engels Mining Co 1 41 51 2,735 California Ink Co Inc A * 45 452* 22,884 California Packing cap • 1,435 Preferred 50 295 California Water Serf preflOO 103"" 103** 862* 88** 4,284 Caterpillar Tractor cap • 1,318 Chrysler Corp common 5 112** 114 10} 9J 13,886 Claude Neon Elec Prod • 46 42 4,456 Cloro* Chemical A • 462 Coast Cos Gas & El 1st pf 100 102** Sale 22** 23** 850 Consol Aircraft Corp com—.1 25,932 2,425 1 Highest ] Lowest Sale Prices 31 Ask Ask Bid Bid "aT Chemical RANGE SINCE JAN. pat Shares. 671 1,796 10,478 3,023 6,058 March March If 1937 Bid Consol £5 2 r;- 2,142 £ . 1936 $88,000 305,000 1 ( $25,000 94,600 Price Jan. STOCKS Shares. 1937 Bond Sales March PRICES IN MARCH SAN FRANCISCO STOCK EXCHANGE SALES Since In March 1936 725,870 2,782,121 1937 848,049 Stock Sales AGGREGATE .rj Mar. 1 Mar. 11 3 Mar. 29 Mar. 12 Mar. Mar. 5 Mar. 1 Mar. 11 Mar. 8 4 382* Jan. 20 23 25 Mar. 10 162* Jan. 25 42* Jan. 27 452* Feb. 19 42 Feb. 92* 1062* 62* 12* 22* 212* 5 142* Feb. Jan. 12 162* Feb. 8 1.142* Mar. Feb. Jan. Mar. 3 Jan. Jan. 12 Jan. 4 5 Jan. Jan. Mar. 31 23 107 Mar. 10 Jan. 2$| 8 108 having been, removed from trading. -MW;:'.f # ff£'<££££; Jan. 4 18 20 29 21 21 28 13 7 fife April, 1937] AGGREGATE /» SALES Jan. 1 Shares Shares 10,516 155 1: . 60 245 7,255 219 3,976 10,872 205 ■ , ■ 1,511 3,375 28,548 15,525 •f. 4,297 8,835 530 11,806 Pacific Can Co * 47,466 Pacific Gas A Elec Co com.25 36,887 6% 1st preferred..... 25 8,803 5%% 1st preferred......25 23,724 Pacific Lighting Corp com. $6 dividend pref_. 1,791 21,985 Pac Pub Serv com non-vot * First preferred 2,831 • Sale Preferred 510 1,846 6% preferred (new).. 100 10,317 Rainier Pulp A Pap d A com * Class B * 17,513 73,478 Republic Petroleum Corp—1 64,828 Rights 6,866 Roos Bros Inc common 1 117 Series A preferred 100 617 Safeway Stores Inc •e- 443 322 „ 135 10.200 261 165,951 17,955 3.562 861 22,870 704 25 # RANGE SINCE JAN. 1 Soundvlew Pulp Co (old)...5 28,584 127.127 ■ 109 53% Sale 17 X Sale 72% 72% Preferred 27 106 30 110 42% 42 % 106 19 27 28 % 33 X 750 70 3,485 30 Mar. 22 6 Mar. 30 6 Mar. 30 12 Sale Mar. 4 34% Jan. Mar. 1 12 31% Mar. 5 33 Mar. 17 99 34 Sale 96 88% 15% Sale 30 31% 26% Sale 9% 9% 15% 16% 99 Mar. 31 92% Mar. 102% Mar. 96 Mar. 17 28 Mar. 24 11% Mar. Mar. 18 17 Mar. Mar. 18 21 Mar. Mar. 23 Mar. 30 Mar. 18 16% Mar. 36% Mar. 10 31% Mar. 2 Mar. 18 28 Mar. 24 Sale Sale 44% Sale 44 56% ill 85 110 47% 106% 7% 23% 151% 16% 86% Sale Sale Mar. 3 Mar. 10 70 Mar. 71 Mar. 2 Mar. 5 Mar. 6 50 6 46 Mar. 2 Mar. 20 33 110 Mar. 41 114 119 117 Mar. 106% Sale 106% Mar. 3!m Mar. 25 Sale 34 7 Mar. 28% Mar. 103 Mar. 43% Mar. 41% Mar. 10 3 60% 61% 1% 1% % 1 9% Sale 119 10|f 1% Mar. Mar. 10 102 m 8 m 46 5 45 Sale 19 140 Sale Mar. 2 37 Sale 5 Mar. 15 Mar. 31 Mar. 2 Mar. 2 Mar. 18 Mar. 24 tm Mar. 46 5 Mar. 17 20 Mar. 30 15% Mar., 23% 22% 18% 71% 2 Mar. 10 Mar. 10 345 Mar. 6 3 Mar. 9 Mar. 4 Mar * ..............10 (Consolidated) cl A No par value. Jan. 14 36% Jan. 106% Jan. 4 9 35% 38% 37 Sale Class A Series II ser I.M ...50 59% 62 56 Sale 54 59 50 60 s!H iiS 24080* 5 Feb. 26 Feb. 25 Mar. 19 104 4rn 2 43% Jan. 1% Jan. 26 % Jan. 29 4 13 17 Mar. 19 Mar. 2 Jan. 28 Jan. 27 Feb. 10 Mar. 31 Mar. 2 Mar. 2 Feb. 25 Feb. 10 Mar. 12 Feb. 23 Mar. 3 Feb. Mar. 23 9 65% Mar. 11 1% Jan. 11 Jan. 13 Jan. 6 12 Feb. 17 43% Jan. 4 4 49% Feb. 19 29 Jan. 20 Jan. Jan, 12 46 9 5 Mar. 25 21% Jan. 2 107 Mar. 22 17% Mar. 22 Mar. 17 Mar. 30 11% Jan. Mar. 1 65 3 312 35% Mar. 18 40% Mar. 8 56% 53 Mar. 29 52 50 Mar. 16 59 53 Yellow Checker Cab Co— 245 33 5 110 Mar. 15 42% 115 Jan. 11 120 106% Mar. 31 106% % Jan. 11 Jan. 10% Feb. 28 27% Jan. 29 Feb. 13% Feb. 24c 27% Jan. 22 106 41 16 Mar. 10 Jan. Pipe A Steel of Calif common Jan. Jan. 2 4 Mar. 17 , 5 7 18 Jan. Mar. 340 Jan Mar. 31 1 . Jan. Jan. 7c Mar. 10 Mar. Mar. 22 Jan. Jan. 9 Mar. 15 Mar. 18 Mar. 18?* 2 5* 89% Jan. 15 79% Feb. 13 3 102 10% Mar. 9 49% Mar. 10 32% Jan. 29% Jan. 78 40 Mar. 18 12 22 25 14 13 11 Mar. 15 1% Mar. 11 7 4 Jan. 11^ 38 18 Mar. 16 W* 4 15 Jan. Jan. 103 Mar. 18 Mar. 22 im 65 2 . Mar. 15 11 85% Mar. 24 33% Mar. 3 1 104% Mar. 48% Mar. 12 Mar. 2 4% Mar. 25 21% Mar. 23 106 05% 106% 105 15% Sale 15% Mar. 22 16% 26 Sale 24% Mar. 22 27% Sale Mar Mar. Mar. 19 104 9 Mar. 2 65% Mar. 11 55 10 Mar. 16 Feb. 16 4 109 Feb. 23 51% Jan. 13 2 54% Feb. 4% Mar. 22 5% Jan. 9 16% Mar. 22 18% Jan. 15 104 9 24c Feb. Feb. 22% Jan. Feb. 134% Mar. 23 150 5 87 75% Jan. Mar. ®j Mar. 141 Mar. 9% Mar. 350 Sale 10 Mar. 22 7c 18% 19% 19% 20% 18% Sale 66% 68% 20% 5 6 Mar. 18 Mar. 24 6% Mar. 12 22% Mar. 29 17% Mar. 20 2 Mar. 18 Mar. 23 Mar. 3 Mar. 18 105% Feb. 89 29% 30% 30 105% 108% 109 41 42% 41% 47 Mar. Mar. 20 Mar. 30 Mar. 17 98 Jan. 4 102% Mar. 9 89 Feb. 10 96 Mar. 5 13% Jan. 18 Mar. 12 30 Feb. 23 32 Jan. 7 24 Jan. 4 28 Mar. 4 9% Jan. 18 11% Mar. 4 18 15% Mar. 18 Jan. 6 44 Sale 17% Sale 106 Sale "5% 4% Mar. 16% Mar. 85% Mar. 33 1 Sale 43% 4% ..100 Transamerlca Corp capital..* Union Oil Co of Calif cap..25 Union Sugar Co common. .25 Mar. 10 108 23% Jan. 18 2 1 6 44! 13 j Mar. Mar. 7 38% Jan. 11 Mar. Mar. 24 26 Jan, 19% 14% 31% 28% 25% Mar. 19% X 108 Mar. 57% 74 & Sale 74% Sale 28 5 Mar. 19 16% Mar. 12 31% Mar. 4 27 102 9 Mar.» Mar. 29 *29$ Sale 16 15% 31% Sale 3 15 30% 24% 9% 15% 19% 14% 31% 28% 25% 45 4 22% Jan. 13 44% Sale IX IX Walalua Agricultural Co..20 344 WellsFargoBk A UnTr cap 100 19,411 36% Mar. 29 Mar. 30 40 Sale" Sale Universal Cons OH Mar. 22 6 Mar. 29 Sale com • United Air Lines Trans 30 12 i02~" 104"' Corp class A..* Preferred.. 23% Mar. 19 35% Mar. 23 31% Sale 103% Sale 46 44% 34 "55 X cap. 10 390 Telephone Investment Corp * Tide Water Assoc Oil Co Highest Sale Prices 28 Feb. 17 1 Mar. 27 Sale Sale 14,974 Super Mold Corp of Cal : 7,018 Sale s Sale 103% 36 % 35% 100 % 106% * Thomas Allec Lowest Sale Prices Sale Sale 3,169 Spring ValleyCo Ltd capital * 52,473 Stand Oil Co of Calif capital • 3,420 22,630 2,163 503,333 62,069 10,978 3,594 56.833 1,314 "43% 115% Sale 15 28 102 32 30 109 100 Class B 35% 6% Highest Sale Prices 12 10c 2,353 Sou Pacific Co com (cap'l).lOO 5,539 Sou Pac Golden Gate cl A..* 1.448 Sale Lowest Sale Prices 36 Sale New.....5 Rights........ * 20 31 Ask 107 % 105% 105% 105 Mar. 29 Sale 6 Mar. 12 6% 6% 20 23 Mar. 22% 29 22% Sale Mar. 22 142% 144% 141 149 136 140 134% Mar. 23 147 88 80 ^ 84 86% Mar. 3 86% 115 102 % 5%% cum conv pref 100 21,168 Signal Oil A Gas Co class A_* 28 % Sale 227 San Joaq Lt A Pr prior pf.100 5 6% prior pref ser A 100 24,264 Schlesinger A Sons cl A com • Preferred 4,475 100 8,938 Shell Union Oil Corp com..* 33% 5% 21 Sale 27: 41% Western • 21 Sale common.* 777 6,422 16,323 2,065 Sale 100 932 Phillips Petroleum Go cap. 4,840 Pfg'n Whistle Corp partic pf * 6,333 Ry Eq & Realty Co Ltd com 85,210 10 8,779 1,712 400 31% 26 % com... .... "260 1,330 1,221 24",263 93 Sale Tel A Tel Co common.100 Preferre d ..—.....100 559 12,967 1,695 3,332 * Sale 230 24 28% 100 830 PaauhauSutfarPlantCo capl5 6,131 Pacific-Amer Fisheries, Inc. 5 7,020 Parafflne Cos, Inc., 3,858 3,257 16,599 64,828 4,106 55 110 100 40% Sale 12 % * Sale 799 ' 33 % 6 5 505 4% preferred .........100 365 5H% preferred 100 26,510 North Amer Oil Con sol cap. 10 2,036 Occidental Insurance cap..10 11,413 Oliver United Filters Inc A..* B 31,061 1,365 Pac 5 Sale 39% Co capital.. March Ask Bid 26 % 29 Marchant Cal Mach Co com 10 620 Market St Ry Co prior pf.100 Second preferred 50 100 678 213 5 March 1 Bid .... 7,698 6,598 IH?'; 1937 Par North Amor Inv Corp— 896 Common 365 '■v-,'. STOCKS 24,722 33,578 Natomas 8,550 '•4V PRICES IN MARCH Price Nat Auto Fibre* Inc rtc A common set lea 1 4.437 65 Jan. 2 60,700 50 i; SAN FRANCISCO STOCK EXCHANGE Since March . SAN FKANCISCO STOCK EXCHANGE 34% Jan. Mar. 12 53 Mar. 10 50 Mar. 29 Mar. 16 Feb. 4 Feb. 24 Feb. 24 Jan. 18 Jan. 2 28 Feb. 24 Feb. 4 23% Jan. 13 If" 2 350 19 Jan. 1 Mar. 17 Jan. Feb. 40% Mar. 64 Jan. 59 Jan. 18 1 8 14 7 w rm. W- % Angeles Stock Exch. Los RECORD MONTHLY AND YEARLY ANGELES STOCK EXCHANGE RANGE OF PRICES ON THE LOS Shares_ 1,961,728 March 6,368,078 Jan. 1 to March 31—— — — Since Jan. 1 STOCKS Assoc Gas & El Bandini A Petroleum Go... 200 600 Barker Bros common..... 1,209 34,900 4,900 2,900 4,700 2,079 5*4% preferred (new)... 116,738 Barn hart-Morrow Cons... 53,300 Berkey & Gay Furn Co.. Warrants.... ....... 94,100 20,600 Bolsa Chica Oil Corp A... 600 300 Ask 3*4 4 *4 9*4 Sale B 20,500 1,000 1,600 12,000 70c 2% Sale 1.10 "1,650 4,800 7,400 9,100 2,900 1,200 7*4 1*4 "'"loo 7*4 2*4 14c 13c 10c 16c 20c 16c Sale 57 403 1,200 2,900 500 500 4,400 6,600 12,100 r 800 500 1,400 35 35 1,600 5,300 54 Sale 142",400 13.700 1.900 9,600 2,690 795 230 "9",600 47,266 29,850 47,039 177,200 300 4,600 """966 700 800 3,400 500 700 1,000 > 700 130 200 ""'666 34,400 86,600 37.600 5,000 22,400 2,700 „ 323 400 9,000 2,800 2.900 • 200 ' 10c Mar. 17 Mar. 16 Mar. 18 15c 16c Mar. 11 39 61 16X8 3*4 Mar. 1.35 25c 12 18c 41c 80c 18c 1 70c 12*4 Sale 45c 85c 19c 11*4 12 32 32 )4 12*4 15 10*1 11)4 22*4 22*4 9 21c Jan. Jan. 22 25 17c 25 31*4 Feb. 13c 16c 18 16 22x4 6*4 m 22 Mar. 3 Mar. 29 6 43*4 Mar. 4 12 Mar. 9 17*4 17*4 24*4 6*4 Mar. 11 Mar. 16 Mar. 12 Mar. 3 64*4 Mar. 17*4 Mar. 97*4c Mar. 447*4 17*4 Sale 8 Mar. 11 1 Mar. 17 62*4 16*4 Mar. Mar. Mar. 16 4 Mar Mar. 17 27 . 3 Mar. 11 Mar. 11 Sale 7*4 Sale 1.20 24 1.30 1.75 ... 40 Mar. 22*4 Mar. 9 1.10 Mar. 1 Mar. 10 24 4 22" "Mar.""4 16c Sale 11c Mar. 3 18c Sale 45c Mar. 27 Mar. 29 60c 49c Sale 14 113 Sale 5 Sale 50c 14*4 116 8*4 Sale 1.40 Sale 3*4 Sale 40c 92*4c Mar. 4 3*4 Mar. 19 1.40 2*4 82*4c 87*4c Sale" 75c Sale 25c 60c 26c Sale 65c 67*4c 62 *4 c 1.75 1.40 1.45 38c 26c Sale 13*4 15*4 17 26*4 30 Sale 43c 75c Sale Sale Sale 15 Sale 55c Mar. 24 M[ar. 8 Mar. 10 15*4 Mar. 4*4 Mar. 80c 25 8c Jan. 7 Jan. 7 27c Jan. 4 3 1 Mar. 12 87*4cMar. 2*4 Mar. 1*4 Jan. 9 4 15 8 45c Jan. 11 70c Jan. Jan. 4 20 2 80c 16 12 43c Mar. 1 Mar. 25 60c Mar. 4 77*4c Mar. 16 2.00 Mar. 19 1.30 Mar. 11 Mar. 6 26c Mar. 1 40c 15 Mar. 9 14 Mar. 25 26 Mar. 23 30*4 Mar. 5 10*4 10*4 33*4 31*4 Sale 27*4 28 32*4 34 31*4 29*4 26*4 ' 106 7 1 23*4 23*4 47*4 —— 27*4 31*4 44*4 Sale 31 105 50c 3 7*4 26*4 27*4 "28" 11 Sale Sale 40c 7*4 Sale Sale 75c Sale" Sale 7*4 Sale '"2*4 Sale" 3 6*4 106 6*4 9c l34c 7*4 Sale 30 7*4 Sale Sale - 4*4 3*4 6 10*4 Mar. 17 33*4 Mar. 11 10*4 Mar. 31*| Mar. 29*4 Mar. 26 Mar. P Mar. 30*4 Mar. 44*4 Mar. 106*4 Mar. 7 26*4 Mar." 9*4 Mar. 6c Mar. 35c 7 Mar. Mar. 40c Mar. 3 47 107 Mar. 6 Mar. 19 18c 45c 70c 18c 12 26 87*4cMar.31 7*4 Mar. 3 52*4c Mar. 2 3 Mar. 26 29; 7 50*4 Sale 57 Sale 32*4 33*4 3c 5c 44 Sale 12c Mar. 13 28*4 Sale" 38*4 28*4 29*4 27*4 Sale 31*4 Mar. 31 Mar. 30 Mar. 22 Mar. 18 Mar. 1 Mar. 20 28 Mar. 25 Sale Mar. 30 Mar. 13 50*4 Mar . 1 60 Mar. 8 32*4 Mar. 12 4c Mar. 18 48 Mar. 12 48c Mar. 13 29 Mar. 6 39*4 Mar. 2 29 Mar. 4 28*4 Mar. 11 31*4 Mar. 18 Jan. Jan. Jan. _ Mar. 23 Jan. 16 Mar. 18 Jan. 4 Mar. 12 23*4 Jan. 23 23*4 Feb. 5 9 Jan. 2 33c 7 Mar. 19 Jan. 6 Mar. 10 45c Feb. 26 6c 2*4 Jan. ; 3 3 Mar. Jan. 2 9 6 17*4 Feb. 3 Feb. 10 119 Mar. 23 Jan. Jan. 44*4 Mar. 31 106*4 Mar. 11 1 3*4 Mar. 19 6*4 Mar. 1 Mar. 5*4 Mar. Jan. 13c Jan. 72*4c Jan. 60c Feb. 16*4 Feb. 109 Mar. 6*4 Feb. 10 Feb. 10*4 Mar. 25 31*4 Mar. 31 29*4 Mar. 29 6 28*4 Mar. 5 12*4 Mar. 5 25c Mar. 20 2*4 Mar. 3 Mar. 7*4 Mar. Mar. 1 Mar. 15 34 Jan. 3*4 Jan. 40c 1 45*4 Mar. 23 53*4 Jan. 4 28 Mar. 22 Jan. Jan. Jan. 4 22*4 Mar. 3 1*4 Jan. 25 . 45c 2 Mar. 15 Mar. Mar. 11 35 Jan. 19*4 Jan. 1*4 Jan. 14 47 _ 3 1.45 Mar. 31 Mar, 16 4 24 Feb! 4 1.50 Mar. 16 1.50 Mar. 24 Jan. Jan. 1.35 Jan. 15 85c 5 9*4 Jan. 1 119 Mar. 19 106*4 Feb. 11 113 Mar. 4 4*4 Jan. 5*4 Mar. 4 4*4 Mar. 24 7*2 Jan. 6 9 Mar. 4 8*4 Mar. 10 13*4 Mar. 25 45c 2 2*4 Sale 21 ( 46c 97^4 c Mar. 15 35 14*4 Sale 113*4 Sale Feb. Feb. 46 1.50 Mar. 16 1.50 Mar. 24 Mar. 16 27 11 16 8 L39*4 Mar. 11 1.50 Mar. 24 22 10 64*4 Mar. 9 19*4 Mar. 11 1*4 Mar. 17 160 Jan. 11 70 Feb. 13 18*4 Feb. 3 30*4 Mar. 3 11*4 Jan. 11 8*4 Jan. 18 9 3 Mar. Mar. 27 Mar. 24 1 23*4 10 7 133*4 135*4 139*4 Mar. 11 4iS 17 6 Sale "75c" Feb. 4*4 Feb. Feb. 44*4 Feb. 12*4 Jan. 17*4 Mar. 17*4 Mar. 24*4 Feb. 43 135 "9 Mar. 9 jc Sale 48c Sale 90c 4 59*4 Mar. 19 Mar. 19 33 39c 10c 29*4 Jan. 8c 8*4 Mar. 16 7*4 Mar. 9 1.501.52*4 25c 2.25 Jan. 19 Feb. 23 Feb. 24 Feb. 25 Feb. 18 5 13 4*4 Mar. 22 10*4 Mar. 16 15*4 Mar. 2 13*4 Mar. 6 Sale 16*4 9*4 95c 3*4 Sale Jan.jf25 Feb. >6 Jan. F4 Jan. 28 Jan. 1 Mar. 42 6 Mar. 23 37 Sale ft* 22 23 1.10 Sale 12c 36c Mar. 16 14c Jan. 8 Jan. 2 Mar. 17 Mar. 17 Mar. 31 6c 59*4 Mar. 15 Mar. 3 Mar. 24 53 38 '25Si"2i *4 '21*4 "22*4 38,400 Rights 2*4 Sale 16,30o Ryan Aeronautical C0......I 90c 1,442 Samson Corp B common....* 2*4 3*4 7,230 6% Preferred ...10 100 San Gabriel Riv Impt Co...10 J' 40 San Joaquin LfitP 7% pr pflOO 114 44 46 2,893 Security Co units 53 53*4 20 25,100 Security First Nat Bank 27*4 28*4 400 Shell Union Oil Corp * 2c 3c 68,000 Sierra Trading Corp......25c 35 39 ..* 2,700 Signal Oil-Gas A 20c 50c 300 Signal Petroleum Co 1 30 16.600 So Calif Edison Ltd com...25 725 Original preferred ...... 25 *28*4 6,500 0% preferred.........._25 27*4 5)4% preferred.........25 7,900 300 So Calif Gas A 6% pref—.25 67. 8 Sale 138 40 136 pref 0% ....... 25 1st preferred......25 7.100 Pacific Indemnity Co......10 1,900 Pac Lighting Corp com.....* 130 $6 preferred ... * 104*4 106*< 8 8)4 Pacific Public Service.... * For footnotes see page 12c 38 6 17*1 7*1 5)4% 500 18c 9c 15c Mar. 17 56 15*4 Sale Sale 9)4 1st ... 6,950 167 B .......1 46,950 Rice Ranch Oil Co * 16,200 Roberts Public Markets 886 6,000 Mills 100 1st preferred. .........* 2,700 Pacific Western OH Corp...* 116,100 Republic Petr Co Ltd ..10 86,600 Rights 2,810 700 100 Merchants Petroleum Mar. 13 9c 1.45 Sale 440 470 460 65)4 62*4 63 16 *4 65c Menasco Mfg 5,090 1,105 17*1 29 *4 18,000 Mt Diablo Oil Ming Ac Dev._l 1,800 National Funding Corp—10 196,850 Nor don Corp ........ 5 1 150,625 Occidental Pet Corp .......1 153,220 Oceanic Oil Co.... 300,100 Ollnda Land {Co............1 9,800 Pacific Clay Products......* 11,000 Pac Finance Corp common. 10 200 Preferred series A.......10 Preferred series C ......10 1,100 1,600 Pac Gas & Elec Co com....25 Mascot Oil 29,200 "66 *4 17*1 65 80c 50,820 . 65 *4 440 Co..............l Co............1 Co...l Alloys Inc A... * * 32,670 13c 1.10 Sale 290,400 Jade Oil Co 1 340,100 KLinner Air pi fit Motor Corp.l 326,800 Lincoln Petroleum Corp 1 23,900 Lockheed Aircraft Corp..—1 3,252 L A Gas Ac Elec 6% pref 100 94,400 L A Industries Inc.........2 9,300 L A Investment Co......—It 43,500 76,400 2,900 1,189 5*4 9*4 30*4 41*4 87*4 3*4 2*4 7*4 2*4 Mar. 10 Jan. 26 Jan. 14 .06 Feb. 4 54 21 6*4 6*4 ~J2087HC . Mar. 12c 8c 17 23 22 1,300 3*4 6*4 26J4 38*4 4*4 Mar. 16 7*4 Mar. 30*4 Mar. 17 Mar. 25 10c 13c 12c 11*4 Sale 12 15*1 16*4 14 *4 Sale 100 Honolulu Oil Corp.........* cHudson Motor Car Co......* 100 International Cinema * """266 2 Sale 10c 8c 38 11)4 22)4 Highest Sale Prices Feb. 16 39*4 Mar. 8 41*4 Mar .17 45c Jan. 2 62*4cMar. 8 87*4cMar. 31 2*4 Jan. 2 3*4 Mar. 1 2*4 Mar. 31 1.20 Jan. 4 1*4 Mar. 1*4 Mar. 29 5*4 Mar. 17 6*4 Mar. 1 5*4 Mar. 17 2 Mar. 20 2 Mar. 20 2*4 Mar. 6 Jan. 4 106 Mar. 30 104 104*4 Mar. 16 106 mm 4 *42*4 *43*4 21)4 Lowest Sale Prices !FT: 3)4 A.........—1 Farmers Ac Merch Nat Bk.lM General Motors Corp ..10 General Paint common.. __* Gladding McBean Ac Co * Globe Grain Ac Milling Co..25 Golden State Co ——* Goodyear T Ac R Akron com.* $5 Preferred (new) * ......* 12,100 Hancock Oil Co A_. 67,800 Holly Development Co __1 380 Holly Oil Co 5 3,400 27,300 105 V* a Sale 1 2)4 105*4 105*8 10c 42 Oil Co Exeter Sale m 105 48 100 Douglas Aircraft Corp * Emsco Derr Ac Equip Co.....5 5,600 364,200 Sale Sale ..... 2,700 187,000 "40*4 "41*4 821? 1*6 1.25 HiQhest Sale Prices 7 28 Sale :;.7; ■ 4 40 Sale Lowest 3*4 Mar. 10 Mar. 11 4 3*4 7% 30 Sale 45c 1,450 California Bank new......25 2,077 Central Investment Corp.100 8,600 Chapman's Ice Cream Co...* 100 Chrysler Corp 5 9,700 Citizens Nat T fie S Bank..20 18,300 Claude Neon Elec Prod Ltd.* * 16,400 Consolidated Oil Corp 158,200 Consolidated Steel com....* * Preferred 13,600 12,100 Creameries of America v t c.* 25 V 576 District Bond Co 600 344 1,300 4 3)4 26*4 26*4 Ask Ask Bid Bid 1,211 Broadway Dept Store pfd.100 103 *4 104H 6c 7c 42,900 Buckeye Union Oil com 1 6c 8c 16,000 Common rot tr ctfs 1 10c 15c Preferred .........I 10,700 Preferred vot trust ctfs.-l 61,000 300 Byron Jackson Co_.._^——* 926 RANGE SINCE JAN. 1 Sale Prices March 31 March 1 1937 Bid 1,500 56,100 31———*,-—., Price par Shares 12,900 Jan. 1 to March Jan. 2 In March Shares 400 March PRICES IN MARCH LOS ANGELES STOCK EXCHANGE SALES AQQREQATE 1936 1937 Bond Sales 1936 1,143,764 4,092,786 1937 Stock Sales 14 5 28 25 10 20 19 8 5 5 Mar. 30 4 Jan. 16 Mar. 15 4 Mar. Jan. 1 11 4 Mar. 16 4 Jan. 12 Feb. 26 Feb. 1 0 Mar. 19 Mar. 6 Feb. 4 Jan. 4 4 Jan. 12 4 Mar. 17 4 Jan. 13 4 Jan. 13 4 Jan. i 8 Feb. 4 Jan. 18 7 Mar. 19 4 4 4 4 Jan. 21 Jan. 23 Mar. 5 Feb. 17 Mar. 20 4 Mar. 31 4 Jan. 20 Feb. 17 4 Feb. 13 4 Mar. 19 4 Feb. 23 4 Feb. 3 Feb. 9 4 Feb. 10 Feb. 4 1 4 Mar. 12 Feb. 10 Mar. 12 Mar. 13 Feb. 23 Mar. 30 4 Jan. 13 Mar. 20 Mar. 25 Feb. 5 4 Jan. Mar. 30 8 4 Mar. 11 Mar. 13 4 Feb. 20 April, 1937] AGGREGATE LOS SALES LOS ANGELES ANGELES STOCKS March 1 1937 Ask Southern Pacific Co 25 44 Lowest Sale Prices 150 Sale 13** 400 Van de Kamps Bakeries.....* 930 Victor Oil Co. 10 Sale 25** Sale 16 Sale 153** Sale 26 Sale 18** Sale 150 Mar. 1 155 24** Mar. 22 15** Mar. 3 Mar. 13 27** Mar. 10 18** Mar. 17 1 Sale Sale 1,900 Western Air Express Corp..10 200 Yellow Ac Checker Cab Co..* 2 9 6 10** 2 2** 8** Sale 11** 12** Sale 1** Mar. 8 7** Mar. 27 10** Mar. 4 2 5* Mar. 17 8** Mar. 31 12** Mar. 3 9** 150 Highest Sale Prices Jan. 155 24** Mar. 11** Jan. 28** 18** 40** 25* Feb. 1 ** Jan. x7H Jan. 10** Mar. 9 62 \ 107** Mar. 11 108** Feb. 12** Feb. 3 14** Jan. 45 Jan. 6 625* Mar. 435* Jan. 4 49** Feb. 5 4** Jan. 6 Feb. 43 ** Jan. 19 55 Mar. 21** Mar. 15 29** Mar. 21** Jan. 20 25** Mar. 15** Mar. 22 17** Jan. 39 1,856 Weber Showcase Ac Fix pfd__* 39,300 Wellington Oil Co ...1 9 Jan. Feb. Mar. Feb. Mar. Feb. 29 4 19 19 16 31 31 2 4 27 4 17 10 17 11 12** Mar. 31 Jan. 10 56** Feb. Jan. 12 61** Jan. 29 STOCKS— 200 Alaska Juneau Gold M Co 10c Black Mammoth Cons M Col St Calumet Gold Mines Co.-lAc 40,000 Cardinal Gold Mining Co...l 2,540 1,400 873,400 122,000 6,700 35,740 94,825 Highest Sale Prices 150 23 401 Union Bank Ac Trust Co...50 55,100 Union Oil of Calif 25 22,200 Universal Cons Oil Co....10 177,050 337,800 Lowest Sale Prices Sale Sale Warrants Taylor Milling Corp * Transamerlca Corp.........* MINING Ask 218 » Sunray Oil Co__ Superior Oil Co common March, 31 Ask Bid Sale 106* 107** Mar. 1 107** Mar. 1 13*1 Sale Mar. 20 "13** 13 14 Mar. 8 Sale 54** Sale 54** Mar. 1 62** Mar. 30 46H 47** 44** Mar. 23 49** Mar. 10 a4W i 4*| Sale 4** Sale 4** Mar. 19 4** Mar. 1 54 47 47 ** Sale Mar. 31 44** Mar. 10 55 28** Sale 21** Mar. 15 29** Mar. 31 23 25 Sale 25** 23** Mar. 15 25** Mar. 2 15 Sale 16** Sale 15** Mar. 22 16** Mar. 4 10# Standard Oil of Calif Bid 107** •fi 0; K RANGE SINCE JAN. 1 Price 213 So Counties Gas 6% pref.101 9,100 Sontag Chain Sotres Co Ltd. * ; 67 Jan. 2 Shares 3,700 12,GOG 34,000 26,000 4,270 2,000 101,200 EXCHANGE PRICES IN MARCH STOCK EXCHANGE Since Jan. 1 STOCK Cons Chollar G & S Co 1 Gold Ore Mining Co 1 imperial Development Co.25c Oatman Rainb Gold M Co. 10c Prince Cons Mining Co Tom Reed Gold Mines Co 14** 15 28c l**c 3c 67 **c 75c 23c 15c 10c l**c ..... 2c lc 10 1 Zenda Gold Mining Co ...I 42c" 8c 44c 12c 14** Jan. 37c Sale 3**c Sale 80c Sale 12c ',8c 3c 40c 40c Sale 11c 20c 12c Sale 5**c Sale 5**c Mar. 5c 5c Sale 14c 30c lc Sale 30c Mar. 38c Mar. 1 Sale lc Mar. 3**c Mar. 1 62**c Mar. 1** Mar. 80c 62**c Sale 114 2 12c 8c Mar. Mar. 1 1 1 3c Mar. 5c 1 50c 50c Mar. 15 Mar. 22 38c 41c 40c 43c Mar. 8 11c 12c 12c Mar. Mar. Mar. 14**c Mar. 8 168** Mar. Mar. 4 1 45c Sale Mar. 2** Mar. 10 Mar. 20c lc 19 Jan. 20 Mar. 23 62**c Mar 18 1 ** Mar. 4 x7c Jan. l**cJan. lc 50c 38c 9c Jan. 28 12 17 23 4c 9c 4 5c 10 Feb. Feb. 82**cFeb. 26 2** Mar. 10 12c Mar. 1 4 Mar. 22 Feb. 5 Feb. 155* Jan. 38c 1 48c 15c Feb. Mar. Jan. Jan. Jan. 1015 13 11 11 UNLISTED STOCKS— 1,600 Amer 3.922 Rad & Stand San * Amer Tel Ac Tel Co 100 172 500 Anaconda Copper Mining..50 700 Atlantic Refining Co 25 66** 35** 8** 7,600 (The) Aviation Corp (Del)..5 2,000 Baldwin Locomotive........* 21,200 Cities Service Co.. ......* 900 Commercial Solvents 4** 18** 3** 4** 7** 22** 58** 48** 7,200 Com'wealth & Southern....* 1,400 Cord Corp ..........5 14,900 Curtlss-Wright Corp 1 1,500 Electric Bond & Share......5 * 400 Goodrich » (B F) Co 2,000 International Tel Ac Tel * 100 Kennecott Copper Corp * 600 McKesson & Robbins ...5 400 Montgomery Ward Ac Co....* * 1,600 N Y Central RR 14,300 No Amer Aviation Inc_.....l 1,100 North American Co ......* 9,800 Packard Motor Car Co 13 61** 13** 62** 13** 55** 563* 63*1 13** "14** 44** 15** 60** 30 30** * 11** 19,500 Radio Corp of America.....* 3,000 Radlo-Keith-Orpheum ...* 11 Standard Oil Co (New United Corp (Del)..........* 200 U S Steel Corp 9,000 Warner Bros No par value. x Odd lot. Mar. Mar. 4** 7** 225* 61** Mar. Mar. Mar. Mar. Mar. 5 Mar. Mar. 3 9 49 5 Mar. 2 Mar. 17 Mar. 16 66 62** Mar. 14** Mar. Mar. 20 Mar. 25 68 Mar. 27H Sale Sale Mar. 5 Mar. 4 Mar. Mar. 6 Mar. Mar. 2 Mar. Mar. 5 Mar. 2 15** Mar. 4 Mar. 15** 15 51** 20** 6** 52** 20** 61 61?* 20** 57** Mar. 8 60 Mar. 8 21 7** 6 6** Mar. 30 7 Mar. 23 195* m 21 Pictures 5 16** 17** 144** 145** "14** 15** 15 Sale' 14** Mar. 23 16 6 12 15 23 18 6 27 24 8 {6 Mar. 20 Mar. 11 ; Mar. 30 Mar. 14*4 8 4 Mar. Mar. 17 13** 28** 10** 11 8** 15** Mar. Jan. Jan. Mar. Jan. Mar. Mar. Jan. Mar. Feb. Jan. Jan. Mar. 10 Mar. 8 47** Mar. 15** Jan. 19 Mar. 22 Jan. 18 Jan. Feb. Jan. Mar. Jan. Jan. Jan. Jan. Jan. Feb. I Jan. ; Jan. 8 .....* 100 Westinghouse El Ac Mfg Co.* • 3 4 Mar. Sale ~Vo Mar. 17 Mar. 12** Mar. 63** 52** Sale 30?* 11** 11 u 11** Mar. 185* Mar. Sale 15** _ Mar. 15 Mar. 3 Mar. Jer).25 Texas Corp ...—.......* 1,300 Tide Water Assoc Oil ....* 5,700 $2 8* 300 Seaboard OH Co of Del * 1,400 Standard Brands Inc .....* "i'ooo 30 63 14, 64** 455* Mar. 10 Mar. 8 Mar. Mar. 9 ...* 300 General Electric Co Mar. Mar. ; Feb. 6 I Mar. Jan. 11 9 6 11 4 5 7 4 23 24 21 22 _ 29** Feb. Jan. Mar. Jan. Jan. 10** Jan. Jan. Jan. 4** Jan. 5** Feb. 8** Mar. 27*1 Feb. 625* Feb. 49 Mar. 15?* Feb. F M 3 8 10 23 12 29 16 20 13 2 3 14 5 17 17 62** Mar. 20 15** Mar. 25 68** Mar. 54*1 Mar. 17** Jan. 34** Jan. 12** Feb. 125* Jan. Feb. 5 17 21 15 19 15 18 Jan. 18 Jan. 18 72 Feb. 24 60 Mar. 10 4 21** Feb. 85* Jan. 14 Feb. 1 V m 23 12 151 Feb. Jan. 9 12 -A 7 ' h ,v/V ' • OtlS ;■/ 7-:^y,i,7;7v V,' OF BONDS AND STOCKS ■&/: J" 1', In the earlier part General different classes of securities quoted: ...... — — [ndustrial Stocks ....... ...... - Stocks ................. investing Companies Securities.......... insurance - Railroad Stocks 72 -.-.-112 ..... ... Joint Stock Land 91 Mining Stocks.———.—..—.———. 85 Real Estate Bonds... Municipal Bonds—Domestic 91 Real Estate Trust and Land 82 82 — 111 Bank Securities 84 92 — .......... Page Page Page — industrial Bonds of of and descriptions, not only The following is an index Qugftajtions we combine in one comprehensive whole, securities of all classes on the exchanges, but also leading unlisted and inactive securities. Exchange Seats ' • i records of the dealings on the leading stock exchanges and for the calendar year to date, are furnished. In this department those dealt in to the •••■ *- • of this publication complete the latest month the country, for a 85 93 Canadian Canadian Public Utility Bonds Utility Stocks. .ri 85 85 93 Textile Stocks 74 ..... ... .... 85 Public Utility Bonds Public 99 80 Stocks 74 Title Guarantee and Safe Deposit Stocks.. 79 ... 91 91 79 United States Government Securities 68 68 United States Territorial Bonds.......... .... 99 Public Utility Stocks ...... 73 Railroad Bonds 73 Railroad Bonds......................... .... Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue. bond prices denotes that the quotation is a flat price—that is, that the accrued interest forms part therefore the purchaser does not have to provide for it separately in making payment. In the case of Income bonds and bonds in - 7 of the price, and default, the price is Tm letter "f" prefixed to always "flat." and no designating mark is employed to indicate the fact. based on average maturities. Quotations for equipment bonds are be paid in addition to the price. and unlisted securities are merely nominal, but in Quotations for guaranteed stocks are "and dividend" that is the accrued dividend must It should be borne in mind in the use of these tables that the quotations for many inactive cases obtained from sources which are considered reliable. abbreviations are often used, viz.: "M" for mortgage, "g" the figures are The following "conv" for convertible, "s f" for sinking fund, "1 g" for land grant, "op" for optional. in the letters showing the interest period indicates the month when The black-faced type NOTICE—All bond prices are "and interest" except Bid Bonds RAILROAD BONDS Atlantic _ ^ 1st 56*40J&J / 21 99 Adirondack 1st 434s 1942 gu M&S 102 Akron & Barb Belt g 4s 1942- J&D Akron Canton & Youngs town— 71 Gen & ref 6s 1945 series A_ A&O 70 Gen & ref 534s 1946 ser B. A&O Alabama Great Southern— 11434 1st cons g 5s 1943 ser A..-J&D 1st cons 4s 1943 ser B J&D b 107 1.50 Eq trust 5s ser G 1938 A&O Alabama Tennessee & Northern— Prior lien 6s 1948 6s Oct Gen income J&J f 1948...J&J / Alabama & Vicksburg 1934 534 mtge guar 4s 1998——A&O American Refrig Transit— 6 1.50 Equip 6s series D 1937-.—J&J b 3.00 Equip 534ssaries E 1939--M&N b 3.75 Equip 5s ser F, G & H, '41-'45 69 Ann Arbor 1st g 4s 1995 Q-J Ark & Mem Ry Bridge & Term— 10334 1st M 5s 1964 M&S 106 Aroostook Nor 5s g 1947——A&O Atchison Topeka & Santa Gen mtge gold 4s 1995 Fe— Athens Terminal Ry— 1st g 5s , J&J 1937 1st cons 4s Mar 1 2002—M&S Atlanta & St Andrews Bay— 1st 6s. 1938 ...A&O Atlanta Terminal 6s 1939...F&A Atlantic City gu 4s 1951—-J&J 1st 5s ext May 11954——M&N Atlantic Coast Line RR— 1.00% 2034 634 111 106 / 30 10934 11134 Called April 1 at 100. m gtd g 5s 1941 J&J Augusta Union Sta 4s 1953..J&J 1053* Baltimore & Harrisburg Ry— 1st M West Ext g 5s 1938.M&N Baltimore & Ohio— 1st M 4s g July 1 1948 A&O 1st M 5s July 1 1948 A&O 5-yr sec notes 434s 1939—F&A Conv g 434s I960-F&A Ref & gen 5s 1995 series A.J&D Ref & gen 6s 1995 series O.J&D Ref & gen 5s 2000 ser D..M&S Ref & gen 5s series F 1996-M&S Eqtr 434s 1937-40 (yr)—.M&N Eq tr 434s '38-*41 O (yr)..F&A Eq tr 5s 1937 (yr) F&A Eqtr 5s 1938 (yr) F&A Pittsb Lake Erie & W Va— Refund gold 4s 1941 M&N 8 W Div 1st 5s 1950 J&J Toledo & Oin Div 4s 1959.J&J 98 1.00% 2.00 ~ 2.50 71 104 81 114 97 99 10334 10434 10634 107 114 111 10034 803* 903* 100 8934 8934 w m 10134 9934 94 105 96 1.00% 1.10% 3~25 3.60 3.00 88 86 7134 70 1.50 1.00% 2.00 1.25% A Boston & N Y Air Line— 1st mtge gu g 4s 1955 Bost & Prov deb 5s July 1 F&A / 27 /101 1938 Boston Rev Beach & Lynn— 1st m 43*s Juy 15 1947—J& Gen m 86 J15 J&J15 / 1938 6s 38 283* 90 42 104 1033* ..J&J 1013* 103 H 108 J&J 101 J&J 1043*. 105 I Buffalo Rochester & Pittsburgh— General 5s g 1937 M&S 100.21 943* 86 Con g 434s 1957 M&N 1.50 Equip trust 5s 1937-38—J&D b 11234 Buff & Susquehanna RR Corp— i 105 9834 1st 4s Dec 30 1963 J&J 1103* Burl Cedar Rapids & North— 2634 Con 1st & coll tr 5s g '34—A&O / 0.75% 1.25% 1.50% 1.00% 1.00% 1033* 10434 9334 Bangor & Aroostook— 1st M 6s g Jan 1 1943 J&J Cons refund g 4s 1951 J&J 4s stamped 1951 — Piscat Div g 5s Jan 1943..A&O St Johns Riv Ext gu 5s '39.F&A Van Bur Ext 5s g Jan '43.A&0 Washburn Ext 1st 5s '39—F&A Battle Creek & Sturgis— Boston Term Co 1st mtge gtd 4s 1938 104 1st ref 5s 1961 101 863* ^ 101 110 107.. 10634 24 Certificates of deposit 10734 10634 Butte Anaconda & Pac 5s '44 F&A 9934 m 105 Cambria & Clearfield— J&J .—F&A 108 10534 Eqtr 534s 1938 M&N Atl Ry 1st 4s 1955..J&J Canada South 5s 1962 ser A.A&0 Canadian National Rys— 11534 1st 76 5s g 1941 1955 Gen M g 4s 75 95 100" Cambria & Indiana— • 10234 Canada 103 95 434s guar 1957— J&J 434s guar 1951 M&S 434s guar 1956 F&A 43*s guar 1955 -J&D 15 40-yr 5s guar 1970.—. F&A 104 Bessemer & Lake Erie— 62.75 to Equip tr 23is 1938-1947—M&S 102 Big Sandy Ry 1st g 4s 1944.. J&D Birmingham Southern— Equip trust 334s Dec. 1 1937-46 6 3.25 98; Birm Term 1st g 4s 1957 gu.M&S Bluff Point Land & Imp 1st 4s '40 90 Boonville St L & Sou 5s '51-F&A / 21 1063* Boston & Albany 5s Oct '63-.J&J 105 5s June 1942 J&D 10234 5s July 1 1938 J&J 1003* 434s July 1937 J&J 99 4 348 impt 1978 F&A 10534 1st mtge 434s ser A 1943—A&O 95 334s Jan 1 1951 J&J 95 Ref 334s 1952 gu N Y C..A&0 95 Boston & Maine (new) 5s Sept '41 91 4s-5s April 1947— 5s April 1944 93 5s June 1945—...—....... 91 5s Jan 1946 /This price includes accrued interest. 8634 8734 M&S M&N 2 Buffalo Creek 1st 5s 1941 „ 10134 ser 43*s 1961 ser JJ A&O Equip trust 334s Dec 1 1937-44 Eq 434s 1937-1943 (yr)...A&0 Equipment trust 5s Boston & Maine (old)— 4s Aug 1942 ....F&A 3s July 1950 1 J&J Equip 534s 1937 (yr) F&A, Eq tr 6s 1937-38 (year)...J&D b _ 1113 5s 1955 m 334s 1947—F&A Brooklyn & Montauk— 2d (now 1st) glold 5s 1938.J&D Brunswick & Western— 90 2.75 1.60 1st guar g 3s 1989 J&D Bay City & Battle Ork 3s '89 J&D 112 Bedford Belt 1st 5s 1938—-J&J 10634 Beech Crk Ext 334* 1951—A&O Belt RR & Stk Yds (Indplis)— 1st ref gold 4s 1939——M&N Belt Ry of Ohatt 1st 5s *45.-J&J Belvidere Del 1st 334s 1943—J&J 111' 94 97 m 953* 94 5s May 1940 1st m 5s 1967 ser AO 1st 90 2.00 1.60 94 ........... 1943 5s Jan 1st 1st mtge 10734 10634 b Basis. 5434 46 63 10534 1964.. J&D 10-yr coll tr 5s May 1 *45_ M&N Lou & h ashv 4s Oct 1 '52.M&N Equipment trust 434s—-— Eq 4Kb 1938-41 E (yr)—F&A 10734 90 •100 Gen unlfser A 434s 58 March 1942— 79 Concl— 58 May 1943................ 103 10634 9834 9134 112 100 (Conn)— J&D 4s July 1948 J&J Atl & Danville 1st 4s 1948—J&J 2d g 4s 1948 J&J Atlantic & Yadkin— 1st mtge gu g 4s 1949 A&O Aug Term 1st gu g 6s 1947—A&O Austin & Northwestern— 10334 10534 1st cons 4s July 1 1952...M&S Conv deb 4s 1939 op *16—M&N 10834 10734 _ Atl & Blrm. See Seab'd Air Line Atlanta & Charlotte Air Line— 1st M 434b 1944 ser A J&J 1st M 5s 1944 ser B J&J Atlanta Knoxville & Northern— 1st mtge gold 5b 1946-....J&D * 73 72 107 10834 11134 Line Ask Bid Boston & Maine (new) Gen 1st g 11034 10434 10434 A&O Adjustment 4s July 1 1995 Nov Stamped M&N Conv g 4s of *09 due 1955. J&D Conv g 4s '05 due 1955 J&D Conv g 4s of *10 due 1960. J&D Conv deb 434s 1948 J&D Trans S L 1st g 4s 1958—-J& Cal-Ariz lst&ref4 34s'62 opM&S Rocky Mt Div 4s 1965—J&J Coast defaulted bonds. Bonds Ask Atlantic Coast Line of S C— Ry—- 102 1st M g 5s 1974 series A—M&N 10234 Albany & Susq 334s g 1946—A&O Alleghany Cor£— 9834 Coll tr conv 5s 1944—...P&A 90 Coll & conv 5s 1949 J&D Coll & conv 5s 1950 A&O / 85 / 61 5s stamped 1950 —A&O 10734 Allegheny Valgen 4s 1942—M&S Allegheny & Western— 95 1st Bid Irred ctfs of indebt 5s Aberdeen & Asheboro the bonds mature. where marked "f" and income and Bonds Ask all "end" for endorsed, "cons" for consolidated for gold, "gu" for guaranteed, 1.50% 10734 5s guar July 1 1969.......J&J 5s guar Oct 1 1969 A&O 5s guar 1954 ....F&A 2.25% 99 23"" 16-year guar 3s I960-. Guaranteed 3s 1944 Guaranteed 2s, 1938 10734 106 10334 l65 1063* 963* 96 93 11034 1103* 111 11334 11534 11334 11534 115 963* 1023* 101 9934 7-year guar 2s 1943 F&A 9634 17-year guar 3s 1953 F&A Eq tr 434s 1937-1942 (gu) M&N b 2.90 Eq tr 434s 1937-45 (ann).J&D b 2.90 b 2.90 Equipment trust 5s Canadian Northern— 1213* S F deb 634s 1946 J&J 9334 9434 94 k Last sale. J&D M&N M&N 2.00 n Nominal. 1.00% 933* 11634 NOTICE—All bond prices are Quotations for all securities are Bonds Bid Canadian NW 4%s Oct 22 1943.. Canadian Pacific— Cons deben 4s perpetual—J&J 20-yr coll tr 4%s 1946 Coll tr 5s 1954 S f 4%s Dec 15 88 J&D 108 1944—J&D 15 104 108% 102 J&J 102 M&S /109% 15-yr conv coll tr 4s 1949--J&J 105% Oonv coll tr 3%s 1951 103 F&A Eq tr 5s 1944 J&J 111% Eq tr 4%s 1937-1938 s-a.-J&D 6 2.85 Eq tr 4%s 1940-1945 s-a.J&D ft 2 85 Caro Cent 1st g gu 4s 1949--J&J 1 80% Oaro Clinch & Ohio 5s 1938.J&D 104% 1st (ions 6s 1952 ser A..J&D 15 109 Carthage & Adirondack— 1st mtge guar g 4s 1981 J&D Catawissa Cons g 4s 1948 110 A&O Cent Ark & East 1st 5s 1940-J&J / 28 Cent Br Un Pac 1st g 4s '48.-J&D / 32% Central of Georgia— 1st M g 5s Nov 1 1945 F&A / 78% Cons gold 5s 1945 M&N / 31% Ref & gen 5%s 1959 ser B.A&O / 20% Ref & gen 6s 1959 ser O—A&O / 21 Eq tr 4 %s *38-'40 ser P<yr)M&8 ft 4.25 Eq tr 4%s '37-'40serQ<yr)M&N ft 4.25 Eq tr 5s 1937-1938 <yrly).J&D ft 4.25 Chatt Dlv gold 4s 1951—J&D / 32 Macon & Nor g 5s 1946—J&J / 24 Mid Ga & Atl 1st 5s 1947—J&J f 20% Mobile Div g 5s 1946 J&J 1 30 Oconee Div 1st 5s 1945 J&D / 20 Cent New Eng 1st gu 4sl961 J&J / 69% iilLttKU 92% ! r/ / 112 J&J Eq tr 4%s 1937-41 (yr)—F&A ---- ft 2.25 Central Pacific¬ ist ref 4s g guar 83% 104% 109% 1st g guar 4s Guar g 58 1 960 F&A European loan 4s 46 M&S / " /^1 i UUIWgU Chic Terre Haute 32% 3.00% 3.00% 35% 30 35 ~ .H&9 lo 6 1.50 J&D ft 1.25 107 1940.J&J 1945—F&A J&J g 4s '89-J&J 70% 72% 66% 1.50% — ----- 'T 107% f \ 9 . * - 105 Ry— Eq tr 5s 1937-'38 - 100% 68 6 4s 1951-J& r Co— series C 57 _M&. lstM3%sserD 1971 M&. 93 2.75% 1st gtd 5s 1943—-------J^1 Cleveland Akron & Columbus— \ •. 1.50% 100%[ 118 104 104% 65% 104% 94% 96% 102% 1st s f 4 .... in 106 111% 106% 102% 103 115% Colorado & 42% 40% 120% Southern—_ General mtge 4%s M&N 109 70 1980—M&N Eq tr 5%s 1937 2 00% - 70% 1.00% 1.50 ft 105% Deposit 4s 1940 Valley- Columbus & Hocking ,/ mmmm 102% 37 22 J&J / A&O Deb 4s 1955 Deb 4s 1955— J&J 36" 5%s, '42 J&D Cuba RR 1st g 5s 1952 J&J 103 1st l'n & ref g 7 %s '36 ser AJ&D Deb 48 1956 guar Cuban Nor Rys 1st Delaware & Hudson— 105 g 37 €4 66 57 9i% 100.8 Equip trust 4s Apr 1 1937-'49— 6 Gen income 5s Aug '55---F&A r / Assented subject to plan Ref & impt 5s 1978 ser B .A&O / 56% 66% 3 75 4.50% 4.50% - 32 22% 1st • /filSI : ';>:v 8% con J&D 5% 4% 5% 5% 12% 104% 13% 1957 Ga Caro & N 1st 5s g Ext at 6% to Julyl 1948-J&D 1929.r.J&J f 1934 eorgia & Florida RR— M&N 1st M 6s 1946 series A Certificates of deposit eorgia Fla & Ala 1st 6s '52.F&A Georgia Midland— 1st g 3s 1946 —A&O - _ Ga RR & 117% UF 37% 41% 38 44 IgM 1945—J&J 68 A&O Eq tr 4 %s 1937-1939 s-a--M &N Girard Point St'ge 3%s *40--A&O Goshen & Deckert'n 1st 5%s 1978 M&N 2nd ext 6s 1979 & Osw 1st 5s g J&D J&J J&J 1942 1941 21% 65 123 Ga Sou & Fla 1st g 5s Deb 5s 1952 • 9 20 Bkgref 6s 1951—A&O 1947 J&J 4s Jan 1 96% 95 102 M&S J&J J&J ^alveston Term 6s 1938. Genesee River 6s 126 104% 58 ft 4.50 69 „ "V 60 3.00% 103 101 92 104% 109% 103% 99% 101% 93% 94% ; ;fi 65 59 47 75 92 100.10 2.75% 19% 19% 28% 1st con g 1st con g lsc 4 J&J / ..J&J / 4s 1936 4%s 1936 3.00% 3.00% 3.00% 34 29 34% 96 Dos Moines & Fort Dodge— Ctfs of dep for gtd 4s 1935. J&J Val 4%s 1947—M&S Det & Mack pr lien 4s 1995-J&D 4s stamped 1995 Mortgage gold 4s 1995 J&D Mtge 4s stamped 1995 Dos Plainos k i.a«i «hi«> n 95% 1st 4s Feb 15'42 Alb gu.-M&N Gen 4s 1962 Can Govt gu.-J&J 88 92 104 106 rand Trunk West 4s £ 1950-J&J 1st g gu 48 $ July 1 1950 J&J Eq tr 5s Dec 14 l937-'43 <yr)_Pt Term g 5s 1947 J&D reat Nominal f 9% 88 99% 3.75 100% 3.00% 95 Northern— 4%s '61 opt '41-J&J B 110% J&J 116 J&J 110% Gen 4%s 1976 series D_...J&J Gen 4%s 1977 series E J&J Gen mtge 4s ser G 1946 J&J Gen mtge 4s ser H 1946 J&J Gen mtge 3%s ser I 1967--J&J 102% 131% 108% 93% tr 2s 1938-1947 M&S 52.75 to 1.50 tr 4%s 1937-1939 M&S ft 1.65 tr 4 %s 1937-1940 D«yr) J&J ft 1.50 tr 5s 1937-1938 <yr) M&S ft Western Fruit Express— Eq Eq Eq Eq Eq 5s J'ne l.V37-'39 <yr)J&D Eq tr 4%s 1937-1940-J&D 1.75 2.00 111% 116% 111% 103% 103 132 108% 94% 1.50% 1.00% .00% 00% 1.00% 1.25% reenbrier Cheat & Elk— 1st 5s 1944... J&J W Va Midland Ext 5s '54.J&J 101 QQ 104% 33% 94 98 Apr .—J&J 1950 98 93 Debenture ctfs A 10 f 50 60 1 f / 45 4 > 41 85 f 41 50 60 65 11% 75 J&J 55% 61 A&O 104% 99% Feb. Debenture ctfs B Feb uantanamo & 12% Western— 1st M 6s 1958 series A Denver & Salt Lake Ry— Inc mtge 6s Jan 1 1960-An 93 96 1st & ref g 58% 91 (Lake Superior) 4- 1955 1st 4s Feb 25 *39 Alb gu_-M&N Gen M 5%s 1952 ser Gen M 5s 1973 ser O Denver & Rio Grande— 42 55% 33% 31% 19 19% 27% 1% % trustees ctfs Dec 31 '37— 2% % trustees ctfs Feb 1 1939— Eq tr 4%s 1937-*42 iyr)__M&N ft 4".o&" ft 4.00 Equipment trust 5s ft 4.00 Equipment trust 5%s 66* 48 4%s 1982 (Nov '32 and May '37 coup). Proof of claim filed Certificates of deposit__ Fort Dodge Des Moines & Sou— Amended 58 Denver & Rio Grande Western— 45% 49% 50% 18 J&J f 145 1950 54% Delaware Lackawanna & Western 61 HI* 18% 85 102 44 cons rays 40 i 1943 M&N 5%8 May I 1937.M&N 1st & ref gold 4s 15-yr 4.70% 4.70% 81 72 ref 4%s '52 opt-_M&N f Proof of claim filed 1st J&J ^Mountain and Prairie)4s 1955 40 56 45% Imp & equip 5s I960 M&N Danbury & Norw ref 4s 1955-J&J f 70 104 Del & Bound Br 3%s 1955—F&A 3lfi 32% 11% 18 17% 1st M 3s 1962 36% 36% 36% 54% 56% 63% / Certificates of deposit 1st lien & ref 6s '36 ser B._J&D f Oertiflrci <> » deposit 103% 112 M&S 107 F&A 1955-. 89 J&J Connecticut & Passumpsic Rivers 104% 1st gold 4s 1943 ~A&0 76 Conn River gold 4s 1943 M&S Connecting Ry • Phila)— 110 1st M gu 4s Mar 15 '51-M&- — 120 1st 5s 1951 M&S 36% Consol Rys 'N H) deb 4s '54-J&J f 22% 107 U'V-f: S'.■■ Concord & Claromont— __ 38 40 Gen ref gold 4s Gr R & Ind ext 4%s 1st ext 3%s 1941 ■ 1st 5s 1944 | 95 81% Fonda Johnstown & Gloversv— „ouv 99% J&J 1st 3s July 1 1937 Columbus & Toledo— 1st ext g 4s 108 A&O Ext gold 4s 1948 Col Newberry & Laurens— 48 3.00% ■ » 110% 105% 81 Eq 4%s '38-'4l H <s-a)— M&S 10!% Fla So 1st g gu 48 1945 J&J Florida West Sh 5s 1934 J&J / 43 //... 97 111 A..I—x B—A&O %s 1977 series O—/ " 111% v^ol & Pt 40 95 i»w——w RR— 6 3.00 Equip tr 2Ms ser A 38- 52 Coal Riv Ry 1st 4s gu 1945-J&D 107 2.00% 1.25% 1.25% 117% J&J '59. J&D Ga & Ala Term 1st g 5s Clinchfield 109% cons Ga & Ala 5s Oct 1945—^ 10o% 110 Cleveland Union Terminals— 56% 175% 2.70 2.00 103% 103% 1st lien & ref M 5%s 1938. A&O no" iu% 1st s f 5%s 1972 series 1st M s f 5s 1973 series 84 2 40 2.00 Port St Un Dep Det 4%s '41 - J&J Henderson i Gen & ref 4 j Gen & ref 4 j 109% 90 A&O 1st 5s 1938 111% 55% 90 83% Galveston Houston & 104 103% 10% 89 83% 82% M&N 1st & ref 5s 1974 105 107% guar 102% 86 110 86 J&J 5s gold 1943 Florida East Coast 4%s 108 4:8 goiu 99% 85% A&O A&O Series C 1940 1st - V 102 1.50% 1.60% 1.00% 1.00% lSt 109% 86 103 102% 1938 Cleveland & Pittsburgh— 113% ^J&J 108% ioi" 1st 4s '4( 5s 3%s 105 97% A--A&O 102 Cleveland & Mahoning— Ser D Conv gold 4s 1953 ser Series B 1953 107% 103% 1939-. 91 St L Div 1st col tr g 4s *9( Spr & Col Div 4s 1st g '4( 1.00% J&J Prior lien gold 4s 1996 Gen lien gold 4s, 1996 Erie & Jersey s f 6s 1955 J&J Erie & Pittsburgh— Gen gu g 3%s ser B 1940.-J&J 94% Gold 108"" 106 106% 1965-.... 1.00% C W&M Div 1st4sg M M. 115** 107 Erie— Eq 4%s *38-'41 LL <s-a)—M&S Eqtr 4%s 1937-'43 is-a)_.M&S Equipment trust 5s Equipmont trust 5%s 104 Cairo Div 1st g 4s w, 5s stamped * 102 110 Elgin Jol & East 5s 1941-—M&N Elmira & Williamsport— 1st 6s 1910 ext at 4% 1950. J&J Income 5s 2862 _• A&O El Paso & R I 1st gu 5s 1951-J&J El Paso & Southwestern RR— 1st & ref 5s 1965 A&O 108 1.50 105 80 115% 1 Certificates of deposit 96% ' 108 107 103" White W V Div A&O 1948 Edmonton Dun vegan & British Columbia Ry 4%s 1944—A&O Ref & imp M 5s 1967 Ref & impt M 5s 1975 103 % 97 mmmm, 77 -115 101% 104% 107% 119% 102% M&N Consol 1st g 5s 1956——M&N Eastern Ry of Minnesota— Series D 1953 91% b 62 Florida Central & Peninsula— 1st cons guar g 4s 1940—F& Clev Cine Chic & St Louis— : 103 101% East Tenn Va & Georgia— e <yr)----A& mmmm _ A&O 1937— Duluth South Shore & Atlantic 61% 1st gold 5s 1937 J&J Dutchess Co RR 4%s.l940—J&D /100 108 East Penn 1st 4s 1958 M&S 41 Cincinnati Union Term /This price includes accrued interest 39 Cincinnati Lebanon & Northernlst consol gtd 4s 1942 —_M& Cine & Musk Val 4s 1948—F& Cin Northern RR 1st 109% 109% 114% Chicago & Eastern Illinois— 1st consol 6s gold 1934—- A&O f 100% Chicago & Erie 5s 1st g'82_ .M&N H8_ Chic Great West 1st 4s 1959-M&S f 47% Equip tr 4%s "A" 1945.-A&O ft 4.00 Chicago & Illinois Midland Ry—1st mtge s I 4%s ser A '56 M&S 94 Chicago Indiana & Southern Ry— Con mtge g 4s 1956 guar—J&J 101 Chicago Indianap & Louisville— Ref M g 6s 1947 series A—J&J / 36 Ref Mg 5s 1947 series B.—J&J / ... Ref M g 4s 1947 series O . — J&J / — 1st & gen 5s 1966 series A-M&N/ 20% 1st & gen 6s May '66 ser B.J&J / 21 % Monon Coal gu 5s '36 opt-J&D / 34 Non-cum income 5s 1955 f 35 Chic Indianapolis & St Louis—Short Line 1st 4s 1953 A&O 102% Chic June RR 1st 4s 1945---M&S 101% Cblc June Ry & Un Stk Ads— Coll tr ref 5s 1940 —A&O 106% Coll trust ref 4s 1940 A&O 102% Chicago Lake Shore & Eastern— 1st M 4%s 1969 opt 1919-J&D 110% Cbic Memp & Gulf os 1940—J&J 75 Chic Milw & Gary 1st 5s '48-A&O / 30% Chic Milw St Paul & Pac RR— 50-yr 5s 1975 series A F&A / 31% Conv adi 5s Jan 2000 A&O / 11% Chicago Milwaukee & St Paul— 60 Gen g 4s A May 1 1989 J&J 54 Gen g 3%s B May 1 1989-J&J 65% Gen 4%s May '89 series O-J&J / 65% Gen 4%s May '89 ser E—J&J 70 Gen M 4 %8 May '89 Ser F-J&J 5.00 Eq 4%s *37-'43 E & F «yr)-J&J 5.00 Eq 4%8 '37-'4l G & H (yr) J&J 5.10 Eq tr 5s '37-*40 ser B iyr)_F&A 5.10 Eq tr 5%s 1937-38 A&O Chicago & North Western— Gen M 3 %s g 1987 M&N / 41 Gen M gold 4s 1987 __M&N f 44% Stmpd non-pay Fed inc tax. / 37 Gen M 5s '87 stpd inc tax_M&N / 48 GenM4%s'87 stpd inctaxM&N / 37 GenM4%s'87 stpd inc taxM&N / 46 15-year 6%s Mar 1936—M&S / 53% 1st & ref 5s May 2037 J&D / 31 % 1st & ref 4%s May 2037--J&D / 30% 1st &ref4%s May 2037 C J&D / 31 Oonv g 4 %s 1949 ser A M&N f 22 b Basis. / 100 104% 99% . ' 102 104% 103% 114 Chicago & Alton RR— Refunding g 3s 1949—...A&O Chicago Burlington & Quincy— Gen M 4s 1958 ----—M&S 1st & ref 4%s ser B 1977—F&A 1st & ref g 5s 1971 ser A--F&A Illinois Dlv 3Ha'49 op *29.J&J 4s July 1 1949 J&J Chicago & Eastern 111 mew co)— Gen M 5s May 1951 -M&N / Certificates of deposit—.— / fill. 101% 100% 1942 ——J & Cin N O & Tex Pac 88% 107% 1st 5s 1965-M& 109 94% 85% 105% 104% 103% 108 ~in Ind & West 5s Nor Div 1st g 4s 105 65 Consol gold 5s 1952-——M&. [ncinnati Hamilton & Dayton- 107 Potts Creek 4s 1946 55. FD 93" 104 '/ 1st mtge g 5s ----J&J 41-M&S 86" 85 i Chicago & Western Indiana— Consol gold guar 4s 1952. J« 1st & ref M 4%s D 1962-M& Choc & Memph 5s 1949-——JS Choctaw Oklahoma & Gulf— 24 1st 74 J&J East Tenn & Western N C— Clearfield & Mahoning— 100 1942 —J&J 100 1943 J&J 100 1944— J&J 100 notes, 1945— J&J 100 /a notes. 1946 -J&J Equip tr 2s 1938-1947 M&S ft 2.60 Eq tr 2%s iy.i7-1946 J&D 6 2.65 Eq tr 3s, 1937-1950 A&O ft 2 70 Eq tr 4%sJ37-'40 (yr)---A&O 6 1.50 4s 1989 85 92 o7a° uudittuvcuu J&J 113% 95 — xov mmmrn 109 1st gold guar 4s 1953 Dexter & Piscataquis— 1st extended 5s 1965 21% 3.00% notes, con g 85 110 1944 4s Guar notes, 2d XDlilX 112% 106 20H 19% Kl & Southeast— 1st & ref g 5s Dec 1 60 opt J&I Inc mtge 5s Dec 1 1960—M&i. Chicago Union Station— 22 notes, Warm Spr Val 1st 5s g Chest erf & Lancaster 5s P* 111% J&J Detroit & Toledo Shore Line— 1964 4%s 1949 Duluth & Iron Range— 92 29 » R & A Div 1st con 1 36 - 89% M&N Eq tr 5s Dec 14 1937-44 «yr)-- 6 3.75 108% Char & W Carolina 5s 1946--A&O Chatt Rome & Sou 1st 5s 47 J&J / 78 106 Chattanooga Sta 4s 1957 gu--J&J Chesapeake & Ohio— 107% 1st cons g 5s 1939-—--—M&N 118% General 4%s gold 1992-—M&S 96% Ref & imtp 3 %s D 1996—M&N 96% Ref & .mpt 3 %s ser E1996 F&A 99% notes, 1940 J&J 99% j notes, 1941 J&J Paint Creek Br 4s CTii-nn — / Central RR & Banking of Ga— Coll trg 5s 1937 Central Vermont Ry— — M&N 4%8 1961 guar 1st 99% Eq tr 3%s 1937-1947Chicago St Louis & N O- 112 99% 87% • 23 21% 20% 21% ii '37-*45 «s-£ 88 108 1949—--F&A Oct 11954—A&O 38% 41% 85 Eq tr 4%s Ask Detroit Toledo & Ironton— 1st 5s Mar 1 ■ General 5s gold 71 3.00% 2.10% 2 10% 1st 2.00% 36 / / ►/ 1911 — deposit— A———J 1952 ser Sec 4%s ( deposit— 4s 1934 opt to Certificates of Bid Detroit Term & Tunnel— — Certificates of Ref g 102% 109% 106% 103% _ Gen M 4s 1987 *• w Bonds Ask ft 3.25 Eq 5s 1937-38 O <yr) — —ft 4.00 Eq 4%s *37-'42iyr)ser A.L Ohic R I & Pac Ry-— General gold 4s 1988———J&j / 38% 103 > Central of New Jersey— Gen M »now 1st) g 5s 1987-J&J Bid Bonds 91 92% 103% M&S "and interest" except where marked "f" and income and defaulted bonds as near as possible for the closing day of the month preceding the date -f Issue Ask Coll tr 4Ks 1960 Oonv coll tr 6s 1942 r,y'• fi '■ 69 RAILROAD BONDS April, 1937] 11 1st 5%s 1950 ser B 1st 5s 1950 series O ulf & Ship Island RR— A&O 1st ref & term g 5s Feb '52-J&J Stmpd (July 1 1933 cpn on), ulf Terminal of Mobile— 1st mtge « 4s 1957 gu J&J 91% 91 99 14;?'/ 105% 100% :.vSfi 'ifi///;// ■ ■■'■ BAXLBOAD BONDS 70 NOTICE—All bond prices are "and interest" except where marked "f" and income arid 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 Ext 4s Hoboken Ferry 6s 117% b 1.50 1.60 b & Oumb - J& J 1st M g 4s 1951 guar "KT T /"V fI1 78% 100 A rm e« ' 1918-JS 1952— S L& 89 93" 88% 83 K 99 M 90M 83 91M 1st mtge gold 5s 1946 J&J ouisville & Jeffersonville Bridge Guaranteed gold 4s 1945--M&S 84 ouisville & Nashville— 86% 86 M , 77% 1.25% 1.60% 1.60% 1.60% 1.00% 1.00% : loo" 103 —— II" 113 / 104 M 35 39% 103 105% Indianapolis Union— 98% 99 38 39 M Internat-Great & Hi 1st M 5s 1956 series B. 38 37 M I 3.00% 90 102.8 96% 1st 1 & ref 6 Ms 1947. 91 109812 103 / : 18 6% 17 6M Jacksonville & Gainesville & / 13% 1st 5s July 1 1939 „ VUIVU MVwviuu Sept Sept Joplin Union Depot Co— 1st g 4Ms 1940 guar opt-M&N 1st 5s June 1 1944——,—J&E Kalamazoo Allegheny & Grand Rapids gtd 5s '38--J&* Kal & Sou Haven—See Mich Cenl Kalamazoo & White Pigeon RR 101M N Hav & No Ham 4s 1956 N J June 1st 4s gu 1986 88% 82 % 97 N J & N Y 1st ext 5s 1950—M&S General 5s Jan 1 1938 2.50% New Lon Nor 1st 4s 1940 J&J New Orleans Great Northern— 2.50% 93 M ,7§^ _ 107% 106 r 105 105 108 ioom 1913 70 (1884) 1st refdg gold 2M 2% Minn St P & Sault Ref g 4s 1936 guar Certificates of deposit A& 1 / / 3 61 56 65 60 95 93 ) Kan City Sou- 83% [, \b b Eq tr 3s F Jan 1 1938-43Kansas City Terminal Ry— 1st g 4s 1960 opt 1930 Kansas Oklahoma & Gulf— r I 90 94% 2.00 1 25% 3.00 2.00% 106M 107% 102 103 105 115 Kentucky & Indiana Term RR f . 98M . - 1961. - - J 1st extended 3s 1946. 101% k 102 loo" 109% 107 % 100 97 99" J 105% I 100% 109% 3 100M 102% Lake Shore & Mich South- Cong g ref 3 Ms 1997 Leamington & St Clair 4s '4{ Lehigh & Lake Erie 4 Ms *57 Lehigh & New England— ) 99 102 1st cons 1st ref 5Ms Ref & impt 5s 2013 O J&D15 Eq tr 4s '37-'38 s-a M St P & SS M & Cent Term Rylst Ch Ter s f 4s '41op'16_ M&N Minn Terminal 1st 3 Ms '50. -J&J Minn Transfer Ry 3 Ms 1956-J&O Mississippi Cent g 5s 1949—.J&J Missouri Illinois Bridge and Belt RR cons 4s 1951 J&J Mo-Ill RR 5s 1959—---—-J&J Mo Kans & Okla 5s 1942.-.M&S Missouri-Kansas-Texas RR— Prior lien 5s 1962 ser A J&J Prior lien 4s 1962 ser B.—-J&J Prior lien 4 Ms 1978 ser D J&J Adj M 5s Jan 1967 ser A—A&O 112 ) 102 Ref g 3Ms July 1 1997—J&J Deb 4s 1942 tax-exempt—J&J Ref & ref 4 Ms ser A 2013--A&O L S coll tr g 3 Ms 1998 F&A M C coll tr g 3 Ms 1998—F&A 68 65" 95% 15 16 M 7% 6% ; . 96 M 99" 28 28 M 25 M 28* 30 29H V 104% 1st 4s ext g 86% 22 M 95% 59 99 102 I nu Eq tr 2 Ms 1938-1952 F&A Mo Kan & Tex (old company)— 3.50 J&D 8SM 89 M 43 40 43 40 74 42 42% 104% G—M&N 42 M 106 ) 126 128"" ) 106 M 107% 65% 1st & ref 5s 1978 ser J* 71 72 * 77 H 78% I 101M 102% 107% 90% > ft Basis. 106% 39 39 deposit—-— 39 g* 1st & ref 5s 1980 ser H—A&O Certificates of deposit-__ — 42 43 F&A 42 Certificates of 1st & ref 5s 1981 ser Certificates of I deposit. — 39 16% Secured 5%s 1937-1956—-J&D Equip trust 5s 1938 '40(yr)M&S Eqtr 4Ms ,37-,44 F (yr)._M&N 23 3.25 / Price includes accrued Interest k Last sale n 43 39 1949 ser A—-M&N Conv g 5 Ms 3.75 100M 102 % 91% 102% i 3d mtge 4 Ms 1938 N Y & Greenwood Lake 3 00 » 1.75 1 325 106M 108M „ 110 1947------—M&N 105 M&S 101M M&S M&N 98 N Y & Har 1st g 3 Ms 2000—M&N N Y & Hob Fy 5s May '46—J&D 102 Guar g 5s 1946 NY & NE Bos Ter 4s 1939—A&O 75 100 .41% llV* 24 2.25% 2.50% Nominal 104 106 % 110 r 98 N Y New Haven & Hartford— conv—J&J15 Deb 4s May 1 1957 M&N Deb 4s July 1 *55 non-conv J&J Deb 4s 1956 non-conv—M&N Deb 4s 1947 non-conv— -M&S Deb 3 Ms March 1947 M&S Deb 3M8 1954 non-conv.-A&O Deb 3 Ms 1956 convJ&J 15-year secured 6s 1940—A&O 1st & ref 4 Ms 1967 J&D Equip tr 4Ms Sept 15 1937 to Mar 15 1945 (s.-a.)—M&S15 Equipt tr 4Mb '37-'46 (yr)_J&J Equipment trust 5s Har Riv & Pt Ches 4s *54 M&N N Y & N J Ferry 5s 1946 J&J Deb 6s Jan 15 *48 74% __ 101.16 1973—M&N 1st & ref 4 Ms 1973 ser B—M&N New York & Long Branch— General gold 4s 1941—._M&S General 1st 5s 1941——-M&S 56% 82 0.90 1st & ref 4s ser A 86 70 b N Y Lack & Western— 75 102 M 96 1st & ref 5s Jan 1965 A——F&A Certificates of deposit—— — ) New York & Erie RR— 2d ext 5s 1939- 93 2.00 3-year 6s Oct 1 1938---—Ref 5 Ms 1974 ser A A&O Ref 4 Ms 1978 ser C M&S 10-yr coll tr 4s 1916 F&A Equip tr 4Ms 1937-'44 (yr)F&A Equip tr 5s 1937-'38 (yr) --F&A Equip trust 3s July 1 '37-'51-_ New York Connecting RR— 1st M 4%s 1953 series A—F&A 1st guar 5s 1953 series B F&A 27 3.00% 1.75 -M&Nlft N Y Chicago & St Louis— 1st gold 4s 1937—------A&O 60 3.75 1.75 J&D M&S 6 2 Ms Mar 15 1938-1952 86 % 1st & ref 5s 1977 ser F—-M&S Certificates of deposit-——- irred. 1937-1939.--- 26 87 88 M 100 _ 5s 40 68 % 96 M 106M 92 M Spuyten Duyvil & Pt Morris— 3 Ms 1959 J&D N Y Cent equip trusts— 4 Ms Mar 15 '37-'39 4 Ms 1937-1945 60 103" Lehigh Valley— 1st 6s ext gold 4s 194 »91a io9?H A&O 84% 93% Mo Pacific RR (new company)— J 65 M 3^ New York Central & Hud Riv— 75% 75% 2.50 % 1990 58 M ' F&A 28 T 1st gold 4s ' 10-year 3%s sec s f 1946—A&O _ 25-year 5Ms 1949---.-—M&S Secured notes 5s 1938—-F&A 50 '56% 128 1M J&J B——J&J 1978 ser A&O Certificates of deposit 1st M 5Ms 1954 series A—A&O M&N 6 A 79M 92 M 1953--J&J Cons mtge 4s 1998 ser A--F&A Ref & impt 4 Ms 2013 A—A&O 26 Ql J&J 41 103 105% 103 M 90 57 gold 4s 1938 52 104 % 110 39% 1st cons gold 5s 1938—-—J&J 1st cons 5s 1938 gu int.—J&J 2d M gold 4s guar 1949—-J&J 46 75 1st M g 4 Ms 1945 guar—J&J New York Central RR— 106M 1941.J&J Ste Marie— 1st ref 6s 1946 series 1st 4s 10-yr conv 6s 1944 103 M 102 J&D 1947M&S '41.-M&S Minn Northf & Sou 6s 76 100% 4% 104 80 - |0i 65 104% /Y 104 90 87 4s 1949—-M&S A.Q-F 4' 1st M 4 Ms 1956 series D—F&A Equip trust 4 Ms — Newport & Cincinnati Bridge— _ Certificates of deposit 102" Orl Term Certificates of deposit Ref & ext 5s Feb '62 ser 101H M&N A—J&J 1st 5s 1956 series C at 4M% to Mil Sparta & NW 1st 4s Mil&State Line 1st 3 Ms 1.50 3.00 Non-cum inc 5s '35 ser A.-A&O 118M 96 — ext Extended at 5% 1940 Ref & impt 4 Ms 52 ser New 116 Minneapolis & St Louis— 1st 7s '27 ext at 6% 1932--J&D / 1st consol gold 5s 1934—M&N Certificates of deposit--— — 102 % ) k Kana & 6s 99 91M 50-year 1st 5s 1983—-—J&J J&J New Orleans Texas & Mexico— . 1977 1939 1939 Cons 90 Income deb 5s 2032 New Orl & Nor East 6s 1915 80 60 Con ext 4 Ms 93 106 J&J J&J guJ&D F&A 41M 93 99% 52 104 A&O M&N 76 / 95 101 A&O J&J 1977 cons 37 Valley— 5s 1943—-A&O Sept / 1934 106 1st 106 4 126 F&A 1st 5s 1954 series B „ 116 101.8 M&S Nat RR of Mex p 1 g 4 %s *26 106 73 % Asst (cash warr & coup)———, [ichigan Central— Ref & impt 4 Ms 1979 ser O.J&J 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&J10 1st gold 3 Ms 1952 M&N Middlesex Val 1st 5s 1942—M&N Midi RR 4% franc bonds (Foreign series) 1960 J&D / idland of N J 1st 6s 1910 ext at 5% to 1940———A&O 105% J&J 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 Oonstr'n 4 Ms 1955 ser B.M&N Nashville Chattanooga & St L— 1st M 4s 1978 ser A F&A Eq tr 4%s 1937(yr) A&O Eq tr 2 Ms 1938-1952 M&S 96% v/w Adj M Apr 1 '53 ser A Adj 5s series B 1953 Sept Milwaukee & Northern— ; 1st mtge gold 5s 1939 Montauk Ext 1st 5s 1945 National Rys of Mexico— Prior lien g 4 Ms s f 1957—J&J T M&S 1914 coupon on 1977-M&S / 1914 coupon off 1977 M&S / 81* 76 Monongahela Ry Co— 1st mtge 4s ser A I960-—M&N Monongahela Sou 5s 1955—A&O Gen 6s 1955 A&O 90 [exican International— 1st con gold 4s 96 M&S 2002—M&S gold 4s 1951 Naugatuck 1st 4s 1954 New Eng cons 4s 1945 gu Consol g 5s July 1 1945 95 1st g gu 5s Nov 1 1959—M&N teridian Term 4s '55 guar.M&N 96 44M Nashville Florence & Sheffield— 101% Philippine Govt gu M&N Sinking fund g 7s 1937—M&N [anitowoc Green Bay & Western 1st gtd 3 Ms 1941 -J&J [aryland & Pa 1st g 4s *51-M&S 1st cons A 6s 1963 A&O 1st ext 4Mb 1.00% 1.00% 86 M 53.'5 63.25 83 % [anila RR Sou Lines 4s '39-M&N Midland 94% 97 M 1st g 4s 1959 guar J&E Joliet & Northern Ind 4s 1957 J&J •Called May 1 at 102. 93 113 — 105 107M 1940--. 99% _ 106 105 gold 105 % SSo# Jacksonville Terminal— Lehigh 108 ^ 94M 1 1951 108 105 & coll 4s ser A *45 J&D Conv gen 4Ms ser A 1960-J&D Secured 6s 1959 J&J Equipment trust 5s Equipment trust 5 Ms 1st guar g 4s 1991 Consol gold 3Ms Gen mtge 4s 1st mtge 35 96 Mohawk & Malone— 1st guar gold 5s 1937 - Gulf Ry 1st 5s 1951 A&C Jackson Lansing & Saginaw— 104 111M J&J J&J 5s 1947 LwiU^fUllD f 108 M 95 4s 1939 ext to 1959 102 M 1950. Indianapolis & Louisville— 106 % 109 [aine Central— 96M 116 Ry joint Monon coll [aeon Terminal 5s 1965 33 M&S Eq 4Ms 1938-41 (yr)—J&J15 Eq tr 5s 1938 (s-a). M&S Eq tr 5s 1938-39 (year)—_J&J Montgom Div g 5s 1947—F&A Mont Cent 1st g 6s 1937 J&J 1st guargold 5s 1937 J&J Montana Wyoming & Southern— 113 J&J 1st 92% loo" 30 28 L & N Term 1st g 4s '52 gu J&D [aeon Dublin & Savannah— gold 4s, 1952- 85 1st gold 4s 8 88 M 87 2d mtge 3s 1980 M&S Mob & Mont 4 Ms 1945—M&S Southern ---M&S M&S Monon Coal—See Chic Ind & Lou South East & St Louis Div— 95" Indiana Illinois & Iowa— ft 2.10% 50-year gold 5s 1937 M&N 100.8 106 M Unified gold 4s 1940 J&J 107 1st & ref 5s 2003 ser B A&O 104 M 1st & ref 4 Ms 2003 ser C—A&O 99 M 1st & ref 4s ser D 2003—A&O 92 % 1st & ref 3Ms ser E 2003--A&O Eq tr 4 Ms 1937 (year) J&D b 1.50 b 1.50 Equipment trust 5s 112 Atl K & Oin Div 4s 1955—M&N 106 Pad & Mem Div 1st 4s '46-F&A 99% 90 M 86% 105 1st 2.75 / 1st M gold 5s 1935 A&O ouisville Henderson & St Louis— 96% A&O 1st ext 4s 1940 Indiana Harbor Belt RR— ann 1.50% 97 99 Sp'field Div ext 3 Ms 1951 J&J western lines g 4s 1951—F Indiana Bloomington & W este Con M 6s 2.25 101 & 87 100M 86 80% 77% Louisv Div 3 Ms g 1953—Omaha Div 1st 3s g 1951--] St Louis Div 3 Msg 1951St Louis Div 3s g 1951.-- Plain 104 M 100% 103 51-A&O Gen gold 4s, 1938 Ref & impt 4 Ms 1977 103" 85 97 80 J&J Secured 5s 1938 •-r 40-year 4%s Aug 1 1966-] b 200 Eq tr 4Mb 1937-1939 K_J b 2.25 Eq tr 4 Ms 1937-1940 L..i b 2.40 Eq tr 4 Ms *37-'41 M (s-a).» b 2.4u Eq tr 4 Ms 1937-41 Ser N.A _ _ Eq tr 5s 1937 ser J M&N b 1.50 b 1.50 Equipment trust 5%s 103 M Carlo Bridge 4s g 1950--. 90 Litch Div 1st g 3s 1951— t, 105 ] 110 103 Pur liens 1st g 3 Ms Jt 1st ref M (I O & O 1st 3 Ms Sept 100 J&J Gen M g 4s 1945 Mobile & Ohio— 100.8 101M 101% 33 '1* 30 33 20 M&N f Mobile & Birmingham— Prior lien 5s, 1945 102 b Mo Pac (old)—Gen 4s 1975-M&S f 3d 7s ext to July 1938 at 4% 100 b 1951 Ref g 4s 1955 opt J&J / 3% cons Bid Bonds Island— M&S Gen mtge gold 4s 1938 J&D Debenture gold 5s 1937-M&N Refunding mtge 4s 1949--M&S 4s stamped 1949 M&S Equip tr 5s 1937-39 (yr)_. A&O 82% 78 M&S 4s 1952—-A&O R9 JlfW D— Dock Unified g 4s. 1949 100% J&J -J&J J&D Ext 3-yr deb 6s 1937 Main L ext 1st g 3 Ms Coll trust gold 1 Dng „ J&J Illinois Central— 1st gold 4s 1951 1st gold 3 Ms 1951 /IaI 1st gold 4s 1939 guar 100 % 1st gold 5s 1957 opt—----F&A Adj inc up to 5% Feb 57-A&O 1st M 4Ms 1957 cony F&A 1st g 3s sterling 123% l 106 35 80 M & Texas Central— gouston Belt & Term 5s '37-J&J _ 1 ong - 1st lien g 5s 1937 Hudson & Manhattan— 0.75% 1.10% 104 Holyoke & West 4 Ms 1951—A&O / Housatonic con 5s 1937- _-M&N / ouston —— 117 115M (yr)--J&J Bedford Ask 109 „ Eqtr 5s 1937-1939 Bid 115 101M 102 M J&J 5s 1939 93 1946 Hocking Valley Ry— 1st cons gold 4 Ms 1999—-J&J Eq tr 6s 1937-1938 (ann)_A&0 Holiaaysburg Bonds I I RR J&J M&N 1943 Ask H & Ha rtford. N Harl R & Portch—See N Y Harris Ports Mt Joy & Lane 49 M 30% 41% 42% 41% 25 25 39 H 63 46 3.90 3.90 3.50 91 82 RAILROAD April, 1937] NOTICE—All 71 BONDS "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 bond Bonds prices Bid New York Ontario & WesternKef 1st g 4s June 1992 1 Gen M g 4s 1955 red J N Y Pennsylvania & Ohio— mor lien ext 4%b, 1950..I N Y Phil & Norf—1st g 4s '39 Income 4s Jan 1 1939 are 30 M 30M 23M 25 105M 107 102 W 100 101M 102M 101 Vs 87 X 84 > Con g gu 4Ms ser 4 Ms series B 47 / 55"" uo » 101 i»to 102 / 18M 106M 105M 2nd 5s 1946-Norfolk SouthernO wo ui 99 upu / id- Certificates of deposit. Orf & Smith Ko I 1Q41 f / 1st ge 1st Norfolk T M 117" 115M Northern Central— Gen & ref 5s 1974 _Gen & ref g 4Ms ser A 74_l Northern Ohio Ry 1st guar 5s- 120 / 87 to Apr 1 1935-1945 Northern Pacific— / .... NO®Vro%". __ "uu O « 82 K80 104 M 75 H 75M uuTS yy % 110M 102M 110M 104 105M 6 102 M 1.90 1.25% b 2.40 2.00% u-IUO 99 101 Northwestern Terminal RR—• 5s 1948 Norwich & 48 20 51M Worcester— 103 M Ohio Ind & Western 5s 1938 Ohio & Little Kanawha— 104M 25 M _ 28 108 ... 95 1 / 1st M 5 Ms 1944 1st M 58 1945 series B—. 1st M 4 Is 1950 series C-. >/ / Ore RR & Oregon-Wash RR & Nav— lBt & ref g gu 48 '61 opt—J 60,; 62 62 M 62" 66 65 109" 117M 118 118 120 104 K Piaclflc Coast Terminals Ltd— „ 1st Msf 6Ms 1948— F / 2d ext 5s gold 1938 Hr" H O O H ON Paris-Orleans extl 5 Ms 1968 1 6% franc bonds (foreign series) to 1956 Pennsylvania Company— 28-year secured 4s 1963—-F«ca Gu tr ctfs g 4s 1952 M&N Gu tr ctfs g 3 Ms 1937—M&S Gu tr ctfs g 3 Ms 1941 Gu tr ctfs g 3 Ms 1942 F&A J&D Gu tr ctfs g 3Ms 1944 J&D Pa & N Y Canal con 5s 1939 A&O Cons mtge 4 Ms 1939A&O mtge 4s 1939 • 33 M 82 35M 85 89M / " ~ 100M 100M 107M 100M 103 105" 103M 103 X 104% 103 102 103 % , Penn Ohio & Detroit RR— - , 1st & ref 4Ms 1977 ser A. .A&O 1st & ref 4Ms series B 1981 Pennsylvania. RR— Con M 4s gold 1943-——M&N Con M 4s gold 1948-—M&N M&N P&A J&D Gen g 4Ms 1965 Gen g 5s Dec 1 1968 J&D Gen M 4Ms 1981 ser D...A&0 Gen M 4 Ms ser E 1984—J& J Deb 4Mb 1970 A&O Gen M 3 Ms ser O 1970—A&O Conv deb 3 Ms 1952 104M 101M 98 % 76 94 H 109 M 115M 105 % 104M 101M 99 M 109M 2.25% 1st coll tr 4s 1949 opt A&O>/ / Rock Island Ark & Louisiana— 1st guar 4Ms 1934— M&S / Rock Island-Frisco Term Ry— 1st M 4Mb 1957 —J&J Rutl Can 1st g gu 4s 1949 J&J Rutland con 4 Ms 1941 J&J St Clair Mad & St Louis Belt— 103 95 X ser B..J&J 98 1980 ser O ;._M&S b Equipment trust 4 Ms 2 85 2 75 Equip trust 2M» 1937-46.-J&J b Perkiomen 1st 5s. 1938 101M Q-J 2d 5s. 1938 101M ..Q-J Phlla & Bait Cent 4s 1951—M&N 106M Pblla Bait & Washington— 1st gold 4s 1943 M&N <■ Gen 4s April 1 1960 A&O Gen 5s 1974 series B F&A Gen M 4Ms 1977 ser C._ J&J *115 --— "m ; 99 86" 106 'V, .... ff 107 . ■ 89 M 4 4 95 M&N J&J 1st term & unif 5s 1952-—J&J Gen & ref 5s ser A 1990--.J&J Eq tr 5Ms 1938-1939 (s-a) M&S 1.00% 2.00% 94 H Equipment trust 5s Equip tr 4Ms 1937-1945-J&J 21M / / f 27 M := 30 98 y 83" 109 . 101 % 82 80 M 83 45 45% 31 30 82 31% 29% >34 29% 25 M, 2.10% 1.50% 98M 100M 98 100 108 M alt Lake M&N f r 33 M 15 1st M inc 6s 1938 coup.M&N 104 Susquehanna Bloomsburg & Berwick RR 5s 1952 A&O 110 ...A&O 17 55 Tampa North 1st 5s '36 opt.J&J Tampa Union Sta 5s 1940.-M&N 95M 50 Tampa Un Term 4-6 Ms '53. .J&J Tavares & Gulf 5s A 1935—M&S 14 Tennessee Central Ry— 1st M 6s 1947 ser A -A&O *104.30 Term RR Assn (St Louis) 1st gold 4Ms 1939 106 M -A&O 1st consol gold 5s 1944 102 M F&A Gen ref s f g 4s 53 opt '10 -J&J 107M Terre Haute & Peor 5s 1942-M&S Texarkana & Ft Smith— 1st M 5Ms 1950 guar F&A Texas City Term 6s 1941-J&J '26 con 5s 1943 J&J 108 105M 88M Texas & Pacific Ry— 1st gold 5s 2000 90M 68 M 58% 47 2.50 2 50 b 3 50 J&D Gen & ref 5s 1977 ser B A&O Gen & ref 5s 1979 ser C__A&0 ser D J&D 92 M 70M 59% 48 Toledo & Ohio Central 1.50% 1.50% 2.50% 107 * 105 107" 30 35% 23 M 103 % 117 119% 100 103 Ref & imp M 3 Ms ser A '60 J&D St Mary^j Div 1st 4s 1951 F&A Toledo Peoria & Western RR 1st mtge 4s ser B 1967----J&J Toledo St Louis & Westernlst gold 48 April 1 1950 A&O 118 % 103 102M 104 2 00 2 65 2 65 2.65 107 M 104 M 102M 98 96 M 99 Tol Term 1st 4 Ms *57 gu M&N Tol Walhouding Valley & Ohio— 111 1st g gu 4s 1942 ser O M&S Toronto Hamilton & Buffalo— 1st gold 4s June 1 1946 J&D 105 Consol M 4Ms 1966 ser A.F&A Transylvania RR 1st 5s 1956-J&J Tulsa Un Dep 1st 4 Ms '59.-J&J 98M 68 M 103 " b Basis. 95 Sunbury Hazleton & W-B 112M t Called July 1 at 101M. 99% 1st 3s Dec 1 1989 75 J&D Suffolk & Car con 5s 1952—-J&J / 22 Sullivan Co RR 6s 1944 A&O 110 City Union Depot and RR 1st 5s 1938 122 J&D Tex Pac-Mo Pac Term RRlst M g 5Ms 1964 M&S Toledo Canada Southern & Det— 1st 4s 1956 J&J 100.16 t 102M 101 Staten Isld Ry 4M8 1943.—-J&D 106 !• Stephenville Nor & Sou Texas— 1st M guar g 5s 1940 J&J / 29 Sturgis Goshen & St Louis Ry— Gen & ref 5s 1980 102.24 108M 2.25 2.25 79 93 Eq tr 5s 1937-1939 M&N Eq tr 4Ms 1937-42 (yr)—A&O Eq tr 4Ms 1938-43 (yr)—F&A Equipment trust 4s 103.16 Montana ext 1st 4s 1937—J&D Pacific ext 1st 4s £1940-—J&J Paul Union Depot— 1st & ref 5s 1972 —J&J 106M 2.00 107 26 101 1st guar 4 Ms 1941 F&A f 22M t Paul Minn & Manitoba— 5s ext fr July 1 '33 to tl02.15 July 1 '43. ) M&S J&J 30 99 96 98 M ) Spokane Falls & Nor 6s 1939.J&J Spok Internat 1st g 5s 1955-J&J 29 b / 103^ > Texas & N O b 1st consol g 4s 1968-'. J&D Mortgage 4s Dec 1 1996—J&D 108 M 81M 102 Spartanburg Un Col 4s 1995.J&J 1st g 5s 1953 St Paul & Duluth— * 81 100 102.4 104 M 100 Tampa & Gulf Coast— St Louis Southwestern— 1st g 4s 1989. 2d g inc 4s Nov 1989— 1.75 2.25 St Louis Div 1st g 4s 1951-J&J Mobile & O coll tr 4s '38.M&S Stark Elec RR 1st 7s 1952 99M Certificates of deposit stpd_. / E Tenn reorg lien 5s 1938 1st Mem Divg 5s 1996 S;—- 93 97 M Eq tr 5s 1937 (year).. M&S Eq 4Mb 1938-'41 BB (yr)_F&A Equipment trust 4s 1.75 2.r0 2.10 Aiken Branch 4s 1998. -—J&J U2" 91M 91 1910—J&J J&J Develop & gen M g 4s *56-A&O Develop & gen 6s 1956 -A&O Develop & gen 6 Ms 1956--A&O Equipment trust 5 Ms Eq tr 5s 1938-39 (s-a) —-M&S Eq tr 4Mb Oct '37-39 (s-a)A&O 95 M 91M Stamped (Fed tax) 1955-J&J 2.10% 1.10% Pac of Mo Certificates of deposit-. Cons in 4Mb 1978ser A—.M&S 95 M '49—J&D warr 1st ref g 4s 1955 opt 105M 22% 81M / 81 Southern Pacific RR Cal— 1st con g 5b (guar) 1937--M&N 100 M 21M 108 1st gold 4s 1947. J&J St Lawr & Adirond 5s 1996—J&J 2d gold 6s 1996 A&O 90 100 M Southern Railway— 1st consol g 5s 1994 74% 46 M 29 M . 118 10-yr secured 3 Ms 1946 J&J Equip 5s 1937-1939 (yr)._M&N Eq tr 4Mb 1937-40 (yr).__J&D Eq tr 4Ms 1937-41 (yr)—J&D Pacific Fruit Express— Eq 5s 1938-39 C (yr) M&S Eq 5s 1937-41 D (yr)—A&O Southern Pacific (Golden Gate Ferries) 1st 5Ms 1949 A&O 105 M M 45M 27 St Johns & L Cham 5s 1944.M&S St Joseph^ Grand Island— 1.00% 1.00% 111% July 1956 \\ 113M Peoria Ry Ter 4s *37 gu op...J&J Pere Marquette Ry— 1st g 5s July 1956 ser A—J&J Called April 1 at 105. 106 Coll tr g gu 4s 1943 opt J&D Rio Gr June 1st gu 5s 1939--J&D Rio Gr So 1st g 4s 1940 J&J 1st g 4s guar 1940 2 J&J f Rio Gr West 1st 4s 1939 73 J&Jr 112H 114 90 M 64 - 118 72 42 (Oregon Lines) M&N 106 M 103 M Certificates of deposit / St L Peo & N W 5s 1948 J&J f 8t Louis-San Francisco Ry— Prior lien 4s 1950 series A. J&J / Certificates of deposit Prior lien 5s 1950 series B.J&J / 21 * 108 M 112 2dconsinc 4s 1990 ..Apr 1 r Peoria & Pekln Union Ry— 1st g 5Ms 1974 series A.-.F&A 1981.-J&D 110 109 Eq tr 48 series E 1938-1949. Peor & East cons 4s 1940—A&O D 110M St Louis 2.85 4Ms series 104 M May 1 *41 Q&F St Louis Iron Mt & Sou— Riv & Gulf Divs 4s 1933-M&N A&O J&J b Gen Extended 4Ms Oct 1 1943 Term 5s g gu Rensselaer & Saratoga— 6% g bds May 1 1941-.—M&N Rich Fredericksbg & Potomac— Cons mtge 4 Ms 1940 A&O Richmond & Mecklenburg— 1st g 4s Nov 1 1948 M&Nf 106 109 30-yr secured 4s 1938-1964.J&J b 3.50 Eq tr,,58 1938 (yr) M&S b 1.50 Gen equip 5s 1937-39 (yr)_A&0 b 1.65 1.65 Eq tr 4Ms 1937-39 (yr)„A&O 1st g 4s 1st 4Mb 90 Ral & Gaston 1st 5s g 1947—J&Jr / 82 104 Raritan River 1st g 5s 1939--J&Jr 105 Reading Belt 1st 4s 1950; M&S Reading Company— 100M Jer Cent 4s '51 opt '06 A&O Gen & ref 4Ms 1997 ser A__J&Jr 105M 105M Gen & ref 4Mb 1997 ser B.J&J Eq 4 Ms 1937-'45 (s~a)—M&N b 3 00 b 1.85 Equipment trust 5s Philadelphia & Reading RR— 109 Imp M ext g 4s 1947--.A&O> 110M 116M Southern Pacific Co— Coll tr 4s (CP) Aug 1 4 Ms 1969 with J&J\f 109M 114 116M 109M 96 38 South Indiana 1st g 4s 1951 - -F&A So Pacific Branch L 1st 6s'37A&0 110 Raleigh & Augusta Air Line— see 8l" 90 A&O 5s 1963 40-year 4Ms 1968 50-year 4 Ms 1981 28" SS8 97% A&O cons gug 100% 100M City Gen M&S M&S M&N 100M 104M Con M 4s gold 1948 sterling stamped dollar Con M 4Mb gold 1960 mi Alton Bridge 1st g 4s '51--J&J 104 11% 72 Southern 111 & Mo Bridge Co— 1st Mg 4s 1951 M&N Series A 1977 . Richmond-Washington Co— 32 M 106 2d ext'd 5s 1945 .J&J Shrev Bdg & Ter 5s '55 gu—F&A Sioux City & Pac 3 Ms 1936—F&A Somerset Ry 1st & ref 4s '55 J&J 1st M 4s July 2 1950 J&J South Bound RR 1st 5s 1941 A&O 1st 4M8 108 J&D 103 M 161" 110M in Potomac Val lstgu5sg 1941 .J&Jr Prov Sec deb 4s 1957 gu M&Nr f 20M Prov Ter 1st g 4s gu 1956-.-M&S / Rich & Peters 4Ms 1940 A&O Richmond Term 1st 5s 1952.J&J 166" 91M 91M 91M 3.00% 2.75% 110"" 101H 103 M 45 :::: 99 M „ —, 1 Cons ^ J& J f 101 % Cardelet Br 1st 4 Ms 1938-j St Louis City real est 5s '38 Paducah & 111 1st 4 Ms 1955. red 18 15 Pac Fruit Express—See Sou Pa Pac of Mo 1st ex g 4s 1938—F«.~ 27 ■v' 108 1931 20 72 . 110 5s 1951 M&N Port Reading lstgu 5s 1941—J&Jr Portsmouth Great Falls & 60 108 104 M 82 M 89 1st 4 M8 series D 1977 J&D Portl (Me) Term gu 4s 1961-J&Jr Guar 5s 1961 —J&Jr Portland & Rumford Falls— 1st 5s 1st mtge 4 Ms 1947 M&i Ogdensburg & Lake Champlian— 1st guar g 4s 1948--J&^ Ohio Connecting 4s 1943—-M&S ^ 5 Certificates of deposit 5% secured notes 1931-, F&A / Receiver ctfs 2-3 Ms '43—F&A Atlanta-Birmingham Div— 1st g 4s May 1 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 Seaboard & Roanoke 5s 1931-J&J / Seacoast RR prior lien 5s '48,. A&O Shamokin Sunbury & Lewisb'g— 31 32 11H 17 15M 20% 19 % South & North Alabama— J&D) Prov & Wore 1st 4s 1947 f 1 / 105 % 95 107 A&O) Conway RR 4 Ms 1937 104" 102 1953..2 Ji —- A&O>, 89^ b 4.00 Eqtr 3 Ms Apr 1 1937-1946 3.50 Eq tr 2 Ms 1937-1946 J&D~)b Pitts Young & Ashtabula— 107 1st gen 48 series A 1948 J&D 123M 1st M 5s 1962 series B F&AL 119 1st gen 5s 1974 series O J&D) 73 104M s, 116 F 1st M 4Ms 1960ser O . 104 No Ry of Cal North Penna 1st 3 il 1st M 4Ms 1958 ser A 1st M 4 Ms 1959 ser B --— S Oct. 1 1933 & Apr 1 Stamped as to sale of i 115M J&D)/ Erie— 116 A&O> r H6 5s July 1 1943—J&J 1st s r g 5s 1959 Pitts Shenango & Lake 1st gold 5s 1940 1st g guar s f 5s 1942 J&Jr Pitts Va & Char gu 4s 1943-M&NI Pitts & West Va Ky— 128 120 A—1 ser 114M 114M 105% Cons 1st g Pittsb Term RR & Coal— 106 u£ i> llo" 120 5 0% receivers' ctfs 1927—F&A A&O Certificates of deposit / 1st & cons 6s 1945ser A—M&S / V-— F&A F&A 113 110 Adj mtge 5s Oct 1 1949—F&A / Ref gold 4s 1959 opt A&O J 113 113 Pittsburgh & Shawmut— 106 » waouio IBI is * M&N I F&A 110 108M Scioto Val & N E 1st 4s 1989M&N Seaboard Air Line Ry Co— 1st gold 4s 1950 A&O Stamped 24 100M Santa Fe Prescott & Phoenix— 1st g 5s 1942 M&S 109 112M 106 111 108 109 ) J&D / 1st guar g 4s 1943 J&J San Fran & San Joaquin Val— 1st g 5s Oct 1 1940 A&O San Fran Term 1st 4s 1950--A&O 105M I F&A 1st gold 5s 1949 Gold 4s Feb 1 1952 26 M 80 M 77 30 M&N ...lyi&N« 4Mb series I 1963 —F&AV. I 4 Ms series J 1964 M&N Gen M 5s 1970 ser A J&D) Gen M 5s 1975 ser B A&O) J Gen M 4Ms 1977 ser O—J&J Pitts Shawmut & Northern—- 26 % 25M 114 114M ;;v** 18M 109 Salt Lake & Ogden 5s 1934 San Antonio & Aransas Pass— 109 Q 4s series G 1957 4s series H 1960— 52 N Y Westchester & Bos Ry— 27% 93 110M ) A&O 3Ms series E 1949 4s series F 1953 85 —- 27 M 92 108 ) A 1940-A&O 1942— 4Ms series C 1942. 4sseries D 1945 84 M 76 % 50 Certificates of deposit. 2d mtge 4 Ms 1937 mm. Co.' 116M J J&J 1947 Bid Bonds Pitts Oin Chic & St Louis— 107 M / N Y Susq & Western— 1st refunding 5s 1937—. ng Piedmont & Northern— ) 1st mtge 3 Ms 1966.__—J&O Pitts Bessemer & Lake Erie— Cons gold 5s Ask 101 % 100 -> 1938. A&O ) Phlla Newton &N Y3s 1942 A&O Phlla & Reading RR—-See "Read!i Philippine Railway— J 1st p 4s 1937 s f oPt gu.—J& J Phlla & Chester Val 4s )f 100, -t Bid Bonds Ask /This price includes accrued interest, * Last sale. n Nominal. 98 M RAILROAD BONDS 72 and Income and defaulted bonds month preceding the date of issue NOTICE—All bond prices are "and interest" except where marked "f" Quotations for all securities are as near as possible for the closing day of the « Bid Bonds and Stocks RAILROAD Union Depot (Columbus, Ohio) Gen 4%s 1946 J&J Union Pacific— ■' 104 105M com 50 - K* 87 ——.50 _ 1st ry & land gr 4s g 1947—J&J 1st & ref 4s June 2008 M&S 1st & ref 6s June 2 35-year 3 Ms debs 2008--M&S HIM 107 Alabama & Vlcksburg _gu 100 Albany & Susquehanna (gu)--100 114 Alleghany Corp & 1971--M&N 96 1.50 1.75 1.25 116 34-year 3 Ms debs 1970—-A&O 37-'38 (yr)——M&N Eqtr4%s 37-*38 at 15 15 '*38- 39-M&S15 Eq 4 Ms Sept (yr).__.---M&S Eq tr 5s 1937 111* 106.. 113M Union RR (Penn) 1st 5s 46-M&S Deb 6s 1946 M&S Union Terminal Co (Dallas)— 96 M 96 M 1.00% 1.00% 1.00% 125 A&O t F&A 102 1st g 5s 1942 opt 1922 1st mtge 3 Ms 1967 38M 38% Mississippi Central 44 Mo-Kan-Texas RR com 110% 2% 3M Boston & Alb (guar N Y O)—100 Boston & Maine common100 American shares Bellefonte unassented— 4 16M '40-M&N Gen 5s May 1 1941 M&N ref & impt 5s 1973 M&N ' : AAAVA: \ A . • .A-.': Wabash Railroad Co— i-;r: ' X.'Vr/ • .. ^ 1939 M&N 1939 _-.F&A Deb mtge 6s series B 1939.J&J 1st gold 5s 2d gold 5s A'A ^AAiAsA 102 M 1.75 1:50 100M 93 X 80" Ref & gen 5%b 1975 A—.M&S Certificates of deposit...— t 5.00 Equipment trust 5 Ms— 5.00 Equipment trust 5s 5.00 Eqtr 4Mb 1937-43 (yr)—A&O 102 Det & Chic ext 1st g 5s '41.J& J 79 Des M Div 1st g 4s 1939-J&J .L .v.: , "■ '•>. Si AA Toledo & Chic 4s g A 1941—M&S Omaha Div. 1st 3 Ms g 69 M '41-A&O Wabash Railway Co— Ref & gen 5s 1976 ser B—F&A / Certificates of deposit A ASA-A •: .A'. A,; ' . ■ ''.A AAAA AAA ' y Wash Term Co—3 Ms , 69 107 '' Assented 5s A A'Si: , ;V ■ . A:AA:A?'A- /'Vy ; • ■ A'- 75* II* 42 M 40 80 4% non-cum preferred Chic Milw St P & Pacific— 102 M 71 108M ' 93 H 93 M Cincinnati Sandusky & 6% non-cum 95 102M 107 Guar 2.75 2.00% Colorado 37 37 M 35M 36 M 1 1946 3.7o 2.50% 3 75 100 M 2.50% 101M 102 95 105 105 104 107 AASA - '■ A?A • AAA ■ -7,' V-:• A SSa^-A :ASSaaaaa , ■-. ■■■■■ ■ v-'";'- /AAA: A/A^ASS/i 107 •■'aaASaSS Aaass : •:s?S::Ai' ,©;S#S 6% non-cum 45 102 M " ;SsA 103 H 104M 91 102 —- 50 50 50 - - -100 preferred—100 preferred--100 112 J&J i iH div 27 M 27 15 19M 57 62 22 M 28 36 37 4s 1951 M&N Wore & Conn E 4Mb 1943—-J&J / Yonkers Ry see "P L" bonds— Yosemite Vails f g 5s 1936-.J&J / 23 K 24 21 25 23 Gulf Mobile Southern —100 Western Ry 100 Adjust 4% non-cum pref—100 No Carolina (guar Sou RR)__100 Northern Cent (guar Pa RR)- 50 North'n N H (guar B & M)—100 Northern Pacific Ry ,—100 North RR of N J (guar Erie)-100 61 15% 102 102% 57 57 37 Northern 34% North Pennsylv (gu P & R)— 50 Norwich & Worcester pref 100 34,y 80-A . 83 59% 60% 90 p: 97 V 75 loo" 95 4K HM 3% 15% 12* m 8M 10 , 6% 5% 15M 3% 8M 7M 5% :■ 16% 3% 8% 7% 410 390 117 117% 70 107 112 250 185 97 b5 26% 86% 87% 25% 28 25 27 24" 100 115" 111 8 12 M m 42 45 99 102 202 207 52 53 21M 45 9% 65 , 10 20% % 2% 77 54 r ilH 69* 11% 27% 3 - 75 22% 30% 23% 57" 79 22% 31% 24% 91 95 194 200 53% 4% 12 34 56 (guar100 RR Securs Co Internal Rys (Cent Am) co 64 Stk tr ctfs—See 5% preferred ctfs-------- -----•—100 6% 7% 51% O St-A)—100 Gr Rap (#u)~ 100 ,142 Ohlc—Pref (gu)_.100 113 Joliet & Chic (guar Kal Allegan & K O St L & -* Kansas City 100 Southern. 4% non-cum preferred 100 Lackawanna RR of N J----—100 95 26% 40% 72 —- 50 27% 40 Peoria & Bureau Val par value, t Called April 1 at 105. Nominal, x Ex-dividend n {Quotations represent 60 50 48 H (guar).-100 n32 124 11% 47 & Eastern--100 Marquette Ry com.100 5% preferred 100 5% prior preferred 100 Phila Germ & Norris (guar)-- 50 (gu Pbila & Trenton 84 78 151 Pa RR).100 275 * 66 41 Piedmont & Northern - Pittsburgh Bess & Lake Erie— 50 Preferred 50 Pitts Cin Ohic & St Louis 100 — - Pitts Ft W & Chic com (gu).-100 7 % conv pref (guar Pa RR) -100 Pittsburgh & Lake Erie 50 Pittsburgh & West Virginia 100 Pitts Youngs & Ashta 7 % pref 100 Portland & Ogdensburg 100 Prov & Worcester (guar) --100 v 82 .v,' i 121 160 1 177 109 42 167 24 Railroad Securities Co— 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 Dividend obligations—. 100 6% guaranteed------100 7 % guaranteed -100 Roch & Genesee Val RR 100 Rome & Clint (gu 100 D & H) Rutland 7% preferred St Louis Bridge 1st pref ----100 —100 2d preferred 100 St Louis-San Francisco Ry 100 6% non-cum preferred-----100 St Louis Southwestern ----100 5 % non-cum preferred 100 Saratoga & Schenectady (gu)-100 Schuylkill Valley Nav & RR..50 * Seaboard Air Line common 100 4-2% non-cum preferred Sharon ------ - 50 100 Southern Pacific Co 100 preferred--—100 Southern Ry common 5% non-cum Mob & Ohio stk tr ctfs..—100 Southwestern of Ga Tennessee Central — Texas & Pacific 41 105 110 112 165 200 90 78 7% 147 69 L 36 122 59 w 51 61% 41% it* 91 23 110 --——100 —100 preferred 4% non-cum 2d pref Pacific RR Corp 6 Basis. 45 * 52* 1st 21% 41% (guar)—-100 Troy & Gr'bush (gu NYC)-- 50 Tunnel RR of St Louis.——-100 Union Pacific—Common —100 4% non-cum preferred 100 4% United N J RR & Canal (gu).100 13% Utica Chen & Susq Val (gu)_100 34% Utica Clinton & Binghamton.100 Valley RR (N Y) (guar) 100 60 66% Vermont & Mass (guar)--—-100 Vicksb Shrevep & Pac com 100 5% non-cum preferred 100 : 8 Virginian Ry common 100 6% cum preferred-—-100 Wabash Ry 100 5% non-cum preferred A. — 100 100 5% non-cum conv pref B—100 118 Warren N J (guar D L & W). 50 32 43% West Jersey & Seashore (gu). 50 Western Maryland Ry com—100 75 dollars per $100 face amount. s 58 Pere 5%% cum-conv sale, 70 - - 6% non-cum preferred Wheoling & Lake Erie Ry •No 66 24 Peoria Western * Last 120 II* II* 21% 50 Lehigh Valley.. Preferred Pennsylvania RR Rights Pennroad Corp v t c Preferred 52 14 73 99 —100 Securities Co Ogden Mine RR (gu On N J)-100 Old Colony (gu NYNH&H)-100 Oswego & Syrac (gu DL&W) 50 Passaic & Del Ext 100 Paterson & Hudson River--— 50 4 pref series A..100 Com vot trust 163 iVi" 11* 55 51% Leased lines 105% 55 5% n^n-cum preferred 100 Illinois Cenc/al -—-—100 Non-cum 6% 253 33 26 100 21% 5% 3% -100 preferred Norfolk & 37 15M 99 M 101M conv Norfolk 133 57^ V 1 7% N Y Ontario & Western.-—-100 12" 136 32 V 130 137 Ry— —100 92 -100 50 6% preferred series A com (gu) 80 Western—_—100 & Northerp com.100 51% 85c 71 29% 10 ; 34 100 N Y & Harlem 81% 6% preferred 29 M 20 M 13% 1% 130 —100 —* R'ghts N Y Chic & St Louis com 76 Hudson & Manhattan Certificates of deposit 1st & ref 4s 1959 A&O Sup & Dul Div 4s 1936—M&N / Certificates of deposit 13 M 59 100 pref New Orl Texas & Mexico 53 75% (guar) 50 (guar Pa RR)—- 50 Ft Wayne & Jack pref (guar) .100 Georgia RR & Bank Co (gu)-100 Green Bay & 107 115 42% 1st 4% non-cum Erie & Pitts Iron Ore Prop trust ctfs. Preferred (capital stock 98 63% Nashv Chatt & St Louis—-—100 National Rys of Mexico— 2d 5% non-cum preferred--100 New London Northern 100 Erie & Kalamazoo Great Northern 108 1st gold guar 4s 1960 —J&J Winston Salem Term 5s '66-A&O S'eastern P & R) 4% non-cum 1st 4% non-cum 2d Winston-Salem Southbound & preferred-----100 Elmira & W'msport (guar)-.Preferred (guar Nor Cent)- Erie—Common 25 F&A f 1938 J&D Wilmington & Newborn— 1st gold 4s 1947 F&A Wilmington & Nor 4 Ms *77--J&D Gen 5s Aug 1 1982 F&A Wilmington Ry Bdge 5e '43.A&0 1st guar g 5s Marshfield West 6% pref-100 W (guar)—100 Detroit & Mackinac Ry 100 5% non-cum preferred100 Duluth South Shore & Atl 100 East Penna (guar 41 Wilkes-Barre & Scranton Ry— 1st 4 Ms May 1 1938 Willamette Val Southern Ry— Wisconsin Central Ry 1st gen g 4s 1949 -----—--25 Denv & Rio Gr 7 J&D 6s 1939 AaA>AA AAA' AS Dayton & Mich com (guar) 50 Preferred (guar O H & D)— 50 Delaware & Bound Br (guar)-100 Delaware & Hudson Co 100 Delaware Lack & Western—- 50 Delaware Will mar & Sioux Falls v;\A a 100 7 %-50 ---50 ---100 4% 1st non-cum preferred--100 4% 2d non-cum preferred--100 Columbus & Xenia (guar) -50 Conn & Passumpslc pref—--100 Consol Rys of Cuba 6% pref _100 Cuba RR 6% non-cum pref—100 106 Wilkes-Barre & Eastern— • & Southern 110 38 Wichita Union Terminal Ry— 1st g gu 4Mb 1941 opt M&N AUJfcSgA 4% Detroit Hills & S • 5s 1942 --50 pref 100 St L—100 5% non-cum preferred Cleve & Pitts (gu Pa RR) 2.00% 111M Cleveland preferred Cin Union Term 5% 2.75 108 M Equipment trust 5s Eqtr 5Ms 1937-*38 (yr)—_J&D 2Ms trustees ctfs Dec. 1 1938 Western Pocahontas 4 Ms 1945Western Ry of Ala 4 Ms '58--A&O Wheeling & Lake Erie RR— Ref mtge. 4s ser D 1966—M&S 1st consol gold 4s 1949 M&S Wheeling Term 4s 1940 F&A 1st guar g 100 100 Pacific—100 -100 Cleve Cine Chicago & White & Black River Valley— 1st 5s 1980 J&J Wichita Falls & Sou 1st 6s *38 J&J | Common 7% preferred 6% preferred ' Morris & Essex (guar)-50 Mount Carbon & Port Garbon50 2M 5% non-cum preferred 100 Chicago & North Western 100 7% non-cum preferred 100 Chic R I & Pacific common-—100 Cin New Orl & Texas Preferred Mobile & Ohio—See Southern Ry . * 95 102 M 106 M 100 64 6M Camden & Burl Co (guar) — -25 Canada Southern 100 4% preference 100 Chestnut Hill —Chicago Burl & Quincy 100 Chic & East Illinois common.100 10% 100 19% 6 % non-cum pref stamped - -100 Bost & Prov (guar Old Col)—100 6% preferred 100 Chicago Great Western com.-100 4% preferred 100 Chic Ind & Louisv common---100 41 94 93 _ ■ pref 1st pref 1st pref 1st pref 100 New York Central RR --------100 class A —100 8 % class B — 100 7% class O 100 10% class D 100 4M % class E 100 -25 91" 4%-100 42 M Common stamped 5% -100 42 M Catawissa RR—1st pref (guar)_50 4.00% 2d pref (guar P & R) — — --50 4.00% Cayuga & Susq (gu DL & W) .30 4.00% Central of New Jersey 100 Chesapeake Corp -* 82 M Chesapeake & Ohio common—25 _ V©©v :V :v. 1 st 100 -.100 4% non-cum preferred 20" six 8% 30% 5% * 5% conv preferred Mobile & Birmingham— l$Vt %% 10 100 7% preferred series A 18% 17 100 -100 100 100 100 100 ---100 100 Missouri Pacific com 1M 140% 13% X 13 Canadian Pacific Car Clinchfield & O com 83 West Fruit Exp—See Gr Nor Western Maryland 4s 1952-A&O 1st & ref 5 Ms 1977 ser A-J&J ■Jltfg 94 110M Registered J&J West Virginia & Pittsburgh— 1st g s f 4s 1990 A Equipment trust 4 Ms Equipment trust 5s West N Y & Penna 4s 1943. A&O Western Pacific RR Corp— 1st M 5s 1946 series A M&S 101 104M 1945—F&A 1st gold 4s 1945 guar F&A Washington & Vandemere— 1st 4Mb 1947 F&A West Shore 1st 4s 2361 J&J N'V'v-lsV *""ri 103 M 1.00% 1.00% 39 H Washington Co Ry 1st g guar 3 Ms Jan 1954 opt 1924 J&J Wash & Frankl Rv 1st 5s '39-J&J :S;aSAA:AS:®AA •i}l 39" Ref & gen 5s 1980 ser D—A&O / 41M Certificates of deposit——79" Warren 1st ref g 3 Ms 2000—F&A 101M Wash Cent 4s Mar 1948--.--Mar ■S'SaSAASAAVSA ■ 40 M Ref & gen 4Ms 1978 ser O.A&O / Certificates of deposit--— ' ./.-v'v. A AAA AAAA'-'. M 139 X 1st pref 5% 99 M gold 4s 1954. J&J 1st lien term partic pref— 50 , 2* 5* -100 7 % non-cum preferred 4% leased line ctfs 44 108 43 & 42 Common 109 Eq tr 4Mb 1937-1940 (yr)--J&J Eq tr 5s 1937-1938 (yr)—. M&N 43 107 X Stamped— 99 __ ' 70 17 M 102 J& J 1st cons g 5s 1958—-—A&O Virginian Ry— 1st lien & ref 3 Ms A 1966-M&S A:AA:AA*'A' A; I 105 M 104 Pr lien 6s '15ext 5% "':7 V*:\ 68 ' Vlcksburg Shreveport & Pacific— ' 4M 104M ' Central Unstamped— 1st pref 5% class A 1st pref 8% class B 1st pref 7% class C 1st pref 10% class D 1st pref 4M% class E 6% non-cum preferred 7% prior preferred-- ... - 62 43 M Vera Cruz & Pacific RR— Va & Southwest 5s 2003—- 59 Minehill & Schuyl 100 Baltimore & Ohio common 110% July 1914 coupon—J&J1934 July 1914 coupon off J& J 1st guar 4 Ms assented— Cash war & scrip ret No. 5 on Vermont Vail 1st 4%s 1940--A&O Vlcksburg Bridge & Term Co— 1st Ms f 6s 1958— M&S Debenture s f 7s 1948 M&S Mill Creek , 52,y 15 fiO &'MihehiU Navlgl 50 Hav (gu).. 50 Minneapolis & St Louis 100 Minneapolis St P & S S M—100 175 168 1250 - fpirod 101 4% non-cum pref .100 Bangor & Aroostook com 50 5% conv preferred 100 Beech Creek (guar N Y O)—50 Belgian Nat Rys Co— — A1/ 1st guar 4 Ms 82% 101% 97 9l" VandaliaRR— M&N 110 50 X 110 A—F&A 54 46% 75 86 117 107 101 - 51 53 53 % 45M 105 82 M 100 M Augusta & Savannah (guar).-100 Bait & Cumberland 7% gu 50 112 F&A A 90% 100 18% Lykens Valley RR & Coal— 20 687 Mahoning Coal RR 5u 53 Pref (guar LS&M8) 50 21% Maine Central 100 61% Preferred —100 95 Massawippi Valloy 100 Michigan Central 100 lOuO 2 MiddJ .nd Valley common. 50 4554 55% 50% —M&S . (with $30 warr)_100 5M% pref (without warr)—100 5M% pref (with $40 warr)-100 2 M % prior conv pref * Allegheny & West (6% guar)-100 Atchison Topeka & Santa Fe.100 5% non-cum pref 100 Atlanta Birm & Coast pref 100 Atlan & Char Air L (guar) 100 50 51 110 Louisville & Nasbville 185" 4M 53 5M% pref 51 Gen 1st g 3Ms 1951--—M&S Utica Clin & Blng 5s 1939—-J&J Cons g 4s 1955 series Series B 1957 102 100 Atlantic Coast L Co of Conn _-50 Atlantic Coast L RR com 100 117 109 M&S M&S 1st 4 Ms Sept 1 1979 General gold 4s 1944 1st 4s Sept 1 1948 1st 4Ms Feb 1 1973 97 180 * common Atlanta & West Point United N J RR & Canal Co— , Bid 50 Spec guar betterment stk.. 50 76% Lit Schuyl Nav RR & Ooal(gu) 50 92 Louis & Mo Riv pref (guar100 Little Miami original guar--. STOCKS A1 Great Southern Preferred Par Stocks Ask Bid Par Stocks As* 100 100 100 100 -100 preferred--100 48% 61 147 141% 93 241 91 77 100 126 81 84 175 131 9% 16 13 62 62 10% 111 19% 4% 9% 103 118 /This includes accrued interest 72 RAILROAD BONDS NOTICE—All bond price* are "and interest** except where marked "f" and income and defaulted bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue i Bonds and Stocks ■. Ask Bid Union Depot (Columbus, Ohio) Gen 4%s 1046 J&J Union Pacific— 1st ry & land gr 4s g 1947--J&J 1st & ref 4s June 2008 M&S 1st & ref 6s June 2 2008-M&S 104 105 % 111% 111% 106M 113M 95% 107 35-year 3%s debs 1971—M&N 96 34-year 3 Ms debs 1970-—A&O 1.50 Bq tr 4 Ms 37-'38 (yr) -—M&N 1.75 Eq 4Mb Sept 15 *38-/39-M&S15 1.25 Bq tr 5s 1937 (yr) M&S 116 Union RR (Penn) 1st 5s '46.M&S 125 Deb 6s 1946 M&S Union Terminal Co (Dallas)-— 1st g 5s 1942 opt 1922 A&O t 102 1st mtge 3%s 1967 F&A United N J RR & Canal Co— 117 1st 4Ms Sept 1 1979 M&S 109 General gold 4s 1944 M&S 110 j 1st 4s Sept 1 1948—....M&S 117 1st 4Mb Feb 1 1973 F&A 107 Gen 1st g 3 Ms 1951 M&S 101 Utica Clin & Bing 5s 1939-- -J&J _ 114 96 % H 1.00% 1.00% 1.00% 112 110% 4 104% 68 ' 16M .4% 105% 70 17M 104 102 J&J 1.75 1.50 100M 93 % 1939-J&J SO" 1954-J&J 41 5.00 5.00 Equipment trust 5 Ms Equipment trust 5s Eqtr 4Ms 1937^3 (yr)—.A&O Det & Chic ext 1st g 5s *41.J&J Des M Div 1st g 4s 1939--J&J 5.00 102 79 Toledo & Chic 4s g 1941-M&S Omaha Div. 1st 3 Ms g *41-A&O Wabash Railway Co— Ref & gen 5s 1976 ser B..F&A Certificates of deposit 69% 103% 1.00% 1.00% 101 94 39" Ref & gen 5s 1980 ser D.. A&O Certificates of deposit 41% Warren 1st ref g 3 Ms 2000-JP& A Wash Cent 4s Mar 1948--. ..Mar 79 101M 91"" nH 80 Western Pocahontas 4 Ms 1945. Western Ry of Ala 4 Ms *58--A&O Wheeling & Lake Erie RR— Ref mtge. 4s ser D 1966--M&S 1st consol gold 4s 1949--.M&S Wheeling Term 4s 1940 F&A White & Black River Valley— 1st 5s 1980 J&J Wichita Falls & Sou 1st 6s *38 J&J Wichita Union Terminal Ry— 71 107 108M 110% 94 95 93 % 93 M 54% 53 51 53 % 45% 105 82% 100 M 2.75 2.75 37 ' 3.75 3 75 100 M 2.00% 111M 2.50% 101% 95 101 175 51 52 106 6% preferred 100 Chicago Great Western com. .100 4% preferred 100 Chic Ind & Louisv common—100 preferred Common 86,/ 38 % 43% 43 M 107% M A&O 13% 19% 23% 24 21 23 25,, 29% 12" 10 136 15% 99 M 101% 55 15% 102 102% 57 55 57 33 37 34 34% 80 83 ^ 59% 90 4M 11% 3% 15% 4 60% 97 4% 12 3% 16 6 10 3 5% 16% 3% 8% 7% GfWest6%prefllOO R"io non-cum (guar)—100 100 100 preferred Duluth South Shore & Atl.—100 100 6% non-cum preferred East Penna (guar P & R) 45 Elmira & W'msport (guar)— Preferred (guar Nor Cent). 102 M 104% 91 102 108 98 112 27 Illinois 15 1951 M&N Wore & Conn E 4 Ms 1943—J&J 57 62 22 % 28 Yonkera Ry see "P L" bonds— Yosemlte Vail a f g 5s 1936—J&J 36 37 ,1* 45 99 102 202 207 52 53 8* 9% 65 11% 27% 3 77 54 57" 75 79 200 100 Cental Non-cum 6% pref series Leased lines (guar) non-cum preferred N Y Lack & West (guar) N Y New Haven & Hartf conv N Y Ontario & Western Norfolk Southern 100 Norfolk & Western Ry 100 Adjust 4% non-cum pref—100 No Carolina (guar Sou RR)—100 Northern Cent (guar Pa RR). 50 North'n N H (guar B & M)._100 Northern Pacific Ry ...100 North RR of N J (guar Erie) .100 Northern Securities Co 100 It Last No par sale, value, n f Called April 1 at 105. Nominal, a; Ex-dividend 1 Quotations 73 99 120 66 24 Pennsylvania RR Rights Pennroad Corp v t 70 58 50 50 48 60 n32 1 c Peoria & Bureau Val (guar)..100 Peoria & Eastern Pere Marquette Ry com 5% preferred 5% prior preferred 100 11% 100 47 100 84 78 100 50 151 RR)_100 275 Phila Germ & Norris (guar) Phila & Trenton (gu Pa Piedmont & Northern 124 * 66 160 com (gu)—100 7% conv pref (guar Pa RR).100 Pittsburgh & Lake Erie 50 Pittsburgh & West Virginia 100 Pitts Youngs & Ashta 7 % pref 100 177 V 109 42 167 24 100 100 27% 51% $4% 111 Cent stk ctf 1952—1000 45 41 100 100 Roch & Genesee Val RR 112 165 100 —100 200 100 100 100 78 147 100 69 Rome & Clint (gu D & H) Rutland 7% preferred St Louis Bridge 1st pref 2d preferred St Louis-San Francisco Ry non-cum 41% .100 Potom—com Dividend obligations 6% guaranteed..—. 7% guaranteed. 6% 21% 50 90 7% 100 100 preferred St Louis Southwestern 4 9 100 16% 5% non-cum preferred 100 Saratoga & Schenectady (gu)_100 Schuylkill Valley Nav & RR—50 Seaboard Air Line 4-2% non-cum preferred Sharon. 122 59 * common 100 ———. Southern Pacific Co— Southern Ry common 36 50 51 ...100 100 100 88 8* 5% non-cum preferred Mob & Ohio stk tr ctfs---.100 Southwestern of Ga (guar).—100 Tennessee Central..... ♦ Preferred —100 Texas & Pacific. I 100 91 23 110 48% 147 14% Union Pacific—Common 100 141% 53% 4M 54 4% non-cum preferred United N J RR & Canal 100 93 (gu).100 241 91 100 34 4% 13% 34% 60 Valley RR (N Y) (guar) 100 Vermont & Mass 100 6% 7% 51% 142 95 113 8 loo" 118 32 26% 40% 43% 72 75 50 21% 21% 50 40 61 Utica Chen & Susq Val (gu)_100 Utica Clinton & Binghamton.100 66% per 163 i?IM 8* 100 56 represent dollars 105% Old Colony (gu NYNH&H)..100 Passaic & Del Ext Patereon & Hudson River.. (guar) 77 100 126 81 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% 131 9% 16 pref B..100 D L & W). 50 Warren N J (guar West Jersey & Seashore (gu). 50 100 1st preferred 100 4% non-cum 2d pref 100 Western Pacific RR Corp.—.100 6% non-cum preferred 100 Wheoling & Lake Erie Ry 100 5 M % cum-con v preferred -100 Western Maryland Ry com $100 face amount, 84 175 non-cum conv - ♦ 253 North Pennsylv (gu P & R).. 50 Norwich & Worcester pref 100 Ogden Mine RR (gu Cn N J).100 64 Preferred 8 21% 5% 3% 100 100 Lehigh Valley... 95 100 preferred A—100 5% preferred 100 .Toliet & Chic (guar C & A)—100 Kal Allegan & Gr Rap (gu)—100 K C St L & Chic—Pref (gu)__100 Kansas City Southern —100 4% non-cum preferred 100 Lackawanna RR of N J 100 137 -.100 Troy & Gr'bush (gu N Y C).. 50 Tunnel RR of St Louis.. 100 12 -•* 130 100 66 100 co 85c 92 100 — 50 50 52 14 51% Stk tr ctfs—See RR Secure Co Internat Rys (Cent Am) Com vot trust ctfs— 10% 51% 71 110- 194 —.100 6 % preferred series A N Y & Harlem com (gu) 34 105 95 preferred 1% 130 Rich Fred & 115" 81% n^n-cum ' 100 2d 5% non-cum preferred-.100 New London Northern 100 New Orl Texas & Mexico....100 New York Central RR * R'ghts N Y Chic & St Louis com 100 4% non-cum 1st pref... 50 4% non-cum 2d pref 50 Rensselaer & Saratoga (guar) .100 80 5% 59 Reading Co 91 6% preferred 27% 63% 42% 27 42 26 Ry 28 76 ctfs 64 Portland & Ogdensburg 75% (capital stock.——* 100 Morris & Essex (guar) 50 Mount Carbon & Port Carbon50 Nashv Chatt & St Louis 100 National Rys of Mexico— Prov & Worcester (guar) Railroad Securities Co— Ft Wayne & Jack Preferred 100 non-cum preferred Mobile & Ohio—See Southern 86% 87% 25% Erie & Pitts Green Bay & Western 100 Gulf Mobile & Northern com.100 conv preferred 8% 30% 5% 10% 100 Pitts Ft W & Chic 22% 31% 24% Great Northern Ry— Iron Ore Prop trust 100 com 117% 22M 30% 23 M (guar Pa RR) — 50 pref (guar).lOO Georgia RR & Bank Co (gu)-lOO * com % preferred series A Missouri Pacific 5% H o 10 41 4% non-cum 1st preferred—100 4% non-cum 2d preferred__100 Erie & Kalamazoo (guar) 50 Erie—Common. 25 50 50 50 100 7 2* 4 ...100 ...100 121 100 10 62 100 250 20M % 2M 15 59 410 97 21M 2 50 50 50 82 185 12M 95 lOoO 50 112 8 21% 61% Preferred Pitts Cin Chic & St Louis 107 111 53 Pittsburgh Bess & Lake Erie.. 50 70 26% 25 100 50 6% 5% 15% 3% 8% 7% 24" 18% 687 Oswego & Syrac (gu D L & W) 50 loo" 2% 6% i>5 90% Minneapolis & St Louis 100 Minneapolis St P & S S M—100 7% non-cum preferred 100 7% 6% 100 5% 4s 13% 53 8% (guar)-100 Preferred Mill Creek & Minehill Navig. Minehill & Schuyl Hav (gu).. 1st 4% non-cum pref * Detroit & Mackinac Ry 29M 20 M 19% ... si* 4% 1st non-cum preferred.-100 4% 2d non-cum preferred—100 Columbus & Xenia (guar) 50 Conn & Passumpslc pref 100 Consol Rys of Cuba 6% pref-100 Cuba RR 6% non-cum pref--100 Dayton & Mich com (guar) 50 Preferred (guar OH&D)— 50 Detroit Hills & S W %H i!H 18% 20 117 Hudson & Manhattan Sup & Dul Div 4s 1936—M&N Certificates of deposit 1% 140% 13% 51 100 Lykens Valley RR & Coal 20 Mahoning Coal RR 5<> Pref (guar LS&MS) 50 Maine Central ...100 Preferred................100 Massawipoi Valloy .100 Michigan Central100 Middl .nd Valley common .50 Mo-Kan-Texas RR 18% 45 Wisconsin Central Ry— J&J 13% 100 Colorado & Southern Louisville & Nashville—. 4% 390 Preferred 50 Mobile & Birmingham— 139 % 102 110 betterment stk.. 44 44 Bid 50 50 guar 38% 108 Par Lit Schuyl Nav RR & Ooai(gu) 50 Louis & Mo Riv pref (guar).. 100 4% leased line ctfs Mississippi Central 43 42 5% non-cum preferred 100 Chicago & North Western 100 7% non-cum preferred 100 Chic R I & Pacific common—100 7 % preferred 100 6% preferred 100 Cin New Orl & Texas Pacific. 100 Denv & 7 107 115 91" 100 110 Winston-Salem Southbound— 1st gold guar 4s 1960 J&J Winston-Salem Term 5s *66- A&O 100 Delaware Lack & Western— 38 103% 50% 75 Chicago Burl & Quincy Delaware & Bound Br 105 104 55% 50% 95 Delaware & Hudson Co 41 1st guar g 58 1938 J&D Wilmington & Newborn— 1st gold 4s 1947 F&A Wilmington & Nor 4 Ms *77—J&D Gen 5s Aug 1 1982 F&A Wilmington Ry Bdge 5s *43_A&0 37% 36% 2.50% 107 101% 97 75 50 100 Cleve Cine Chicago & St L—100 102M 5% non-cum preferred 100 107 Cleve & Pitts (gu Pa RR) 7%_50 2.00% Guar 4% 50 95 105 .82% 168 Chestnut Hill _ 102 107 Willamette Val Southern Ry— 6s 1939 —F&A f Will mar & Sioux Falls— Canadian Pacific 93 108% *54 46% 110 61 6 % non-cum preferred Cin Union Term 5% pref 1st guar g 5s 1942 J&D Wilkes-Barre & Scranton Ry— 1st 4Mb May 1 1938 div 4% 53 57 Cincinnati Sandusky & Cleveland 102 % 106 M 185 100 25 83 1st g gu 4 Ms 1941 opt M&N Wilkes-13arre & Eastern— 1st & ref 4s 1959 180 133 37 Car Clinchfield & O com 4 % non-cum 92 97 Chic Milw St P & Pacific— 102 M 104M 35% 1946— 1st gen g 48 1949 Certificates of deposit 87 32 Chic & East Illinois common.100 42 M 40 Spec 73% (guar)—-25 4%-100 42 M Common stamped 5% 100 42 % Catawissa RR—1st pref (guar)-50 4.00% 2d pref (guar P & R) 50 4.00% Cayuga & Susq (gu D L & W)_30 4.0( Central of New Jersey 100 Chesapeake Corp -♦ 82% Chesapeake & Ohio common—25 4% preference 100 39 % 69 1st pref 4 M % class E 100 6% non-cum pref stamped--100 Bost & Prov (guar Old Col)—100 Canada Southern _ Equipment trust 5s Eqtr 5Ms 1937-*38 (yr)...J&D 2Ms trustees ctfs Dec. 1 1938— 1st pref 5% class A 100 1st pref 8% class B_ 100 1st pref 7 % class C 100 1st pref 10% class D—.-100 Camden & Burl Co 40% Ref & gen 4 Ms 1978 ser C.A&O Certificates of deposit Washington Co Ry 1st g guar 3 Ms Jan 1954 opt 1924 J&J Wash & Frankl Ry 1st 5s '39-J&J Wash Term Co—3 Ms 1945..F&A 1st gold 4s 1945 guar F&A Washington & Vandemere— 1st 4 Ms 1947 F&A West Shore 1st 4s 2361 J&J Registered J&J West Virginia & Pittsburgh— 1st g s f 48 1990 A&O West Fruit Exp—See Gr Nor Western Maryland 4s 1952-A&O 1st & ref 5 Ms 1977 ser A--J&J Equipment trust 4 Ms Equipment trust 5s West NY & Penna 4s 1943-A&0 Western Pacific RR Corp— 1st M 5s 1946 series A M&S 8% class B 100 7% class O...—100 10% class D 100 4%% class E 100 6% non-cum preferred 100 7% prior preferred.——.—100 99 M 102% A.—100 1st pref 1st pref 1st pref 1st pref Stocks Ask Little Miami original guar... partic pref— Unstamped— 1st pref 5% class 109 M&N F&A &vS'eastern warrj-iuu Stamped— Common.:-—100 99 Ref & gen 5%s 1975 A—.M&S Certificates of deposit Marshfield ^wicn Central -50 Boston & Alb (guar N Y C)—100 Boston & Maine common 100 Wabash Railroad Co— 5s Bid Bellefonte 2% 3% 1st cons g 5s 1958 A&O '.Virginian Ry— lit lien & ref 3.%s A 1966_M&S Eqtr 4Mb 1937-1940 (yr)--J&J Eg tr 5s 1937-1938 (yr).-. M&N Assented prei American shares Vicksburg Bridge & Term Co— 1st M s f 6s 1958 M&S Debenture s f 7s 1948 M&S Vicksburg Shreveport & Pacific— Prlien 6s *15ext 5% *40—M&N Gen 5s May 1 1941 M&N ref & Impt 5s 1973 M&N Deb mtge 6s series B 1st lien term gold 4s /o 4% non-cum pref 100 Bangor & Aroostook com 50 5% conv preferred 100 Beech Creek (guar N Y C)—50 Belgian Nat Rys Co— unassented— 1st gold 5s 1939 2d gold 5s 1939 ^72 2 M % prior conv pref - - * Allegheny & West (6% guar)-100 Atchison Topeka & Santa Fe_100 5% non-cum pref 100 Augusta & Savannah (guar)—100 Bait & Cumberland 7% gu—-50 Baltimore & Ohio common—100 110% July 1914 coupon—J& J1934 July 1914 coupon off J&J 1st guar 4 Ms assented— Cash war & scrip ret No. 5 on Vermont Vail 1st 4 Ms 1940--A&O Va & Southwest 5s 2003- Albany & Susquehanna (gu)—100 Alleghany Corp common * Atlanta Birm & Coast pref—100 Atlan & Char Air L (guar) 100 Atlanta & West Point 100 Atlantic Coast L Co of Conn—50 Atlantic Coast L RR com—-100 Vandalla RR— Cons g 4s 1955 series A—F&A Series B 1957 M&N Vera Cruz & Pacific RR— STOCKS A1 Great Southern com ——50 Preferred 50 Alabama & Vicksburg.gu —100 96% „ 1st guar 4 Ms Par Stocks RAILROAD b Basis. 13 52 ■ 62 10% 111 19% 4% 9% 103 118 /This includes accrued intere • NOTICE—All bond prices are "and Interest" except where marked "f' Quotations for all securities are as near Stocks and Bonds ma Par Per 20.20 11.58 Administered Fund 2d Inc.—...* Affiliated Fund com.... Air Investors Inc v t c —.* Convertible preferred ——* I ; : Warrants 66 69 5 10 $3 preferred * A $5.50 prior pref —* American & Continental Corp— Amer Elec Sec partic pref--——1 American European Secur— * Coll tr s f 5s 1958 ser A J&J American General Corp...—.10c $2 preferred ............1 $2% preferred Amer General Equities Ins.—— Amerex Holding Corp —* Amer Insuranstocks Corp.. * Amer Investment (111) * 6% preferred w w 5% preferred ex-warr 10-year deb 3s 1946 13 90 13 mn 102 103% 11% 34% 35 f.u 40% 1.30 31% 6% preferred < * 50 Bankers Sec Corp com 6% preferred 50 Basic Industry Shares * British Type Investors class A..1 Broad St. Invest Co Inc Bullock Fund Ltd. 1 96" 8% . 60 17 ~A 51% 3% 11% 3% 30 42 5 44 68c 37.19 23 % Deb 5s series A1958 Capital Administration cl A F&A 1 1 Class B $3 pref series A... Carey Trust Central Nat Corp class A Class B .... 50% 10 * —— Century Shares-Trust.. Chicago Corporation i!S $7 preferred ... Warrants Continental Secur Corp com. * 5% preferred 100 Debenture 5s May 1 1942 Continental Shares com * ... 6% preferred ...100 Corp Secure 5% notes 1935.M&S / Corporate Trust shares old series. AA Debenture 5s series A Huron Holding Corp Hydro Elec Sec "88c Independence Trust Shares * Institutional Securities Ltd— Incorporated 39.78 ACC (modified). Crum & Forster Inc 3% 51 14 34% 4% 13% 77 97 h 22 6 3.08 35% 7 Crum & Forster Insursh B 7% cum preferred Cumulative Trust Shares Deposited Insur Shs. ser A Series B Deposited Bank Shs N Y ser A Diversified Trustee Shares 10 100 10 37% 6.72 3.61 * 3.41 _ B shares C shares 35 5% preferred ser A ■ yUy/ par value, t Called June 1 at 11% 27.00 3.45 3" 55 1.25 64% 52% 102% 1 1% 31 100 * —.* 54 29% 93% 55% 3% 106 % 9% Voting trust ctfs New Jersey Bankers Securities._* N Y Bank Trust Shares 2 39 ...5 preferred 100 North American Trust Shares— 1953 "5% ... Northern Securities see "RR" Oils & Industries com Ex-coupons, 103% 14%, 1 97 20c 1.09 13% 103 19. 20.86 23 23% 109 1 lH 38* Representative Trust Shares Republic Investors Fund Reynolds Invest 5s 1948-—.A&O 14.77 15*27 5 6% 91% 90 2% 1 4% 4.95 74% » ... 5.05 75% 95 100 — Securities Corp General com $6 preferred.: Selected American Shares Selected Amer Shares Inc new 3% * * ... 73 4.35 15.98 2% 3% .* 98% $5.50 prior stock.—...——.* Conv preferred ..5 Allotment certificates Shawmut Bank Inv Trust— 26 102% 96% 96% 2% M&S 68 110% % 22.1 4 35 Standard Amer Trust Shares Standard Investing Corp com..* 3% 53% - * F&A 15 w w__ Standard Utilities Inc State St Investment Corp 97 .99 * common 17.42 6.76 * 1942 3% 80 11.09 Selected Cumulative Shares Selective Income Shares Selected Industries com Third National £ 80 — 5s series 3 Dec 1937 6s series 4 Nov 1942 $5.50 preferred Deb 5%s 1939 1% ■A1' Common. ...........—1 $5 conv preferred 1 Securities Co of New Jersey— 5%s series 2 Oct 1937.—. 1 96 92 * 1 Royalties Management A Schoellkopf Hutton and Pomeroy Inc common Second Nat Inv Corp— t 3% * * A * 122 3% a^75 14% 51 4.27 1 99 1.07 124 4 .85 15 62 2.87 8.29 8.29 15.43 :■? 41 Tri-Continental Corp.......—.* X 10% 6% cum preferred * Warrants 5s conv deb 1953—.—.J&J 104% 2% Trusteed Amer Bank Shares B. Trusteed Industry Shares Trustee N Y Bank Shares Trustee Stand Invest ser C Class D 3% 55 2.87 4.44 ... Investors 1! 2nl 118% .99 1 61 ; ; 93 1 _ 3.30 103% 15% 100 63% 59% 99% Trustee Standard Oil shares A Series B Union Amer Invest Corp— . . _—.... _ . 100% 10 2% .—. .. . Common stamped...... Warrants expire 1938 Union Investing Co—. Conv deb 5s 1946 M&S United N Y Bank Shares C3United N Y Trust Shares ser F U S Banking Corp U S Elec Light & Pow tr ctf A 8*42 8.48 7.92 7.98 ;.n t' 3% 1% 45c 18% 2.87 1.08 '21% 98 2% $6 1 st oreterred—————— !_ U. S. & International Sec 1st pref with warrants Conv preferred 9% 3% ... ! ....... 5 5 .......7 Utility & Industrial Corp.. 82 p 1% 5 7 Convertible preferred I lr 107 Trust ctfs series B Utility Equities Corp 12% 8% . Voting trust ctfs U S & Foreign Securities com..* 2.83 3.68 3.61 3.41 1 1 . ... • 1958. e 4 10 38% ...... 4.92 56 20 .1 Preferred;.. Reliance Internat Corp com A 10c Preferred... * .......... 31.87 19.14 100 "3% 21 50 Super Corp of Amer class A Class AA.... Class B..................... w % Class BB...^............... 25.19 Class O——..i. 4% Class. D li"46 Supervised Shares 3% 103 101, 17.64 4.82 cum 37.k iJS* 10c Common B $1.20 preferred $3 cum conv 1st pref 9 1 10% ...* 16 100 42 18% 4% * — III 10% 97 41 Railway & Util Invest A Sterling Securities 30.04 10 98% ,98% 2.18 1 1952 M&S 1.86 Shenandoah Corp common.. 1 $3 convertible preferred 25 6 Solvay Amer Invest 5%% pf_100 6% Spanish & Gen Corp Ltd— Am dep rets ord reg 2% £1 Amer dep rets ord bearer 5% £1 Spencer Trask Fund Inc * 51 10.49 100% 15% ........ 53 102332 7 100% $6 preferred* Pub Util Investing 5s 1948.A&0 Pub Util Sec 7% preferred * Quarterly Income Shares Railway & Light Securities com.* Conv coll tr 4 %s series "11" 1955 A&O 4 %s Mar 5s March 2.23 10c 4.40 $6 101 %. 67% 10% Nation Wide Securities Co Oklahoma County Trust No UM common Preferred * 2% 19 93 w w B common 93% 21* 7 National Trust Shares— Remodified 101 5 92% 1.21 % 29 North American Invest Corp— Collateral 4s 1951 J&D 53 1.11 , 17.51 2.29 JM&S 15 f 2.50 * 2.14 Deb 5s 1954. 1.69 1 84 3% 3% Dividend Shares 25c Domestic & Foreign Investors— Deb 5 Ms 1947. F&A / Eastern Utilities Investing Corp— Inv Tr Ltd 5sA'57M&N Elec Shareholdings Corp com.. .1 $6 conv pref with warr 2.08 1.56 ..—10 North American Bond Trust Ctfs. Economic 1.92 1.70 2.31 22i! 8.45 „ 1.61 1.16 1 $5.50 preferred Warrants 5.35 52 1.53 16.62 7.65 _ 2.03 1 Mutual Investment Trust National Bond & Invest com 12 ....... D shares 1.79 1.06 1.87 .10 x _ 2.33 1.65 90 Niagara Share Corp (Md)-— Conv deb 5%s 1950 M&N 2.79 1.69 2.52 share 6% \ .....10 $6 preferred 2.11 1.56 49 Major Shares Corp * Maryland Fund Inc Massachusetts Investors Trust__l Phoenix Sec Corp $3 conv pref class A Plymouth Fund Inc Prudential Investors Common stock 1.95 88 Keystone Custodian Fund B-3 New 31% 90 47% Nat Bond & Share Corp National Investors... H3_ 100 100 100 J&D Investors Fund of America— Series O Investors Royalty . 30 116 89 1% 5% 3% 3.81 com 17 Deb g 6s 1940 B with war..J&J Larkins Warr Trust % 22% 15 68 Insuranshares Co of Delaware--1 Insuranshares (Md) ctfs Inc 1 International Holdings & Inv * Common. 5 98 43 5% 6% 3% 85"" 41 _ ..F&A 1 $3 convertible pref A .._* Investment Bond & Share— 5s series A 1947 J&D Investment Co of Am— 6.45 54 4% 1.72 Debenture 5s 1947 Interstate Equity common u 12% , ' 2.02 6% preferred... 6% preferred 5% 2% 51 % _ 101% 1% 97% S3Z 7.95 Internafl Secur Corp Amer— 29.31 2.93 3.81 ... ...... 8% preferred ' 17 10 * Investors Insull Utility Invest— Deb g 5s Jan 1949 5.25 66 com——.. Bank Group Shares Insurance Group Shares 25% 2.93 Accumulative series A A (modified) * 1948 ... 44 53 92 ... 4% 35 ^ 1% Tobacco Shares Guardian Investors com..—. 1 $6 preferred ———* $3 preferred ——..—.* 18 51% 60 H% 102 99% 101 ...... Steel Shares 66 49 27.26 5% 44% 2300 6.03 * Convertible preferred * Christiana Securities com 100 Commonwealth Investment 1 Commonwealth Secure common._ Preferred -.100 Consolidated Funds Corp class A Consolidated Invest Trust com.l ; 16% 3 * cum §3 7.25 Petroleum Shares Railroad Equipment Shares 97% 4.85 6.52 5.99 14% Investing shares... Merchandising Shares— Mining Shares Canadian Internat Inv Trust— 5s series A 1959 -A&O Canadian Investment Fund. Ltd Canadian Pow & Pap Invest Ltd— ————4—* ... Food Shares -- _ 5 50 1956 Chemical Shares 7% * Class B 4% Corp 4%s 1959 A&O Group Securities, Inc— Agricultural Shares.. ——— Automobile Shares..——i— Building Shares * Debenture 4 %s Feb 1 1947 Debenture 4%s Dec 15 1952— Old Colony Trust Assoc.. — Overseas Securities Co -* Deb 5s Nov 1 1947 M&N Deb 5s April 1 1948 A&O Pacific Investing Corp— Deb 5s 1948 without warr.. J&J Pacific Southern Invest pref * Class A 7.31 ment Old Colony Invest Trust— Common 5.40 Great Brit & Canada Invest¬ " 94" 74% Ask Per 47% 2% 26.78 1 * Bid Par 5.10 1 Gleneagles Invest 5s June 15 1944 Stocks ana Bonds 46% •2% 25.36 — German Credit & Investment— Pref allot ctf 25% 1st pref..* 6 100 100 —J&D 1953.A&O / ...... $6 pref (with warrants) 26 54 73 ; 1 General Investors Trust Gen'l Realty & Utilities com 37 100 Option warrants. Bancamerica-Blair Corp Bankers Nat Investing com Warrants 5% II * warr $6 preferred....————*.—* 4 51 w—* 50 $6 preferred w w Deb 5s Feb 1 1952 without General Investment Corp 1% 98 com w Atlantic Secur 4%s A Atlas Corp com 12 22* Associated Stand. Oil Shs— Atlantic & Pac Int. Preferred w w 40 31 13. Class B.—————————* General American Investors—.1 12 * Associates Investment Warrants——*.—————-— Fundamental Investors Inc Fundamental Trust Shares Inc— Class A..—......———— 71 1% 39% 86% 11 25 25 25 7% preferred 8% preferred Foundation Trust Shares A Fourth Nat'l Investors w w assnt 1 1.88 4 70 31.57 39% 38 11.72 22 38* 10c 4.25 29.31 Series B.*.— 5% 100 100% —10c conv Foreign Power Secur Corp— 1st coll tr conv 6s A 1949—J&D 1.17 $6 preferred * Deb g 5s 1953 F&A Amer Business Shares.....—50c Convertible preferred preferred—— Equity Shares 1 Equity Trust Shares in Amer—1 Fidelity Fund. Inc—-— * First Boston Corp -.10 Fixed Trust Shares series A—.* 73 • V 30 Ask share 34.77 37.36 2% > ■ 2 39% :; 42 6 6% Equitable Invest Tr (Mass).—.5 Equity Corp common——...10c 1 % .—* Alliance investment com 6s A with warr 1949 J&J Allied Int Investing Corp com—* V $3 convertible preferred.——* Amer Bankstocks Corp.— * American British & Continental— Common...— * Bid Par Per $3 29 % ... Corp A— Stocks ftnd Bonds 21.36 12.59 bonds and Income and defaulted possible for the closing day of the month preceding the date of issue share 4% Aldred Invest Trust (Mass)— Deb 4%s with com shs 1967— Aldred Investment Corp (Can)— 'J Deb 4 Ms with com shs 1968— Amer Capital Class B Ask as 'v/ . x 20.11 Wellington Fund i:i Western Reserve Investing— Deb 5%s 1944 F&A 103% X' ' — f Flat price, k Last sale, n Nominal, x Ex-di\idend. r: ■ ; J IK- . r Public Utilities (Includesstreet and electric railways, gas. electric telegraph. telephone and bridge companies.) power, water, NOTICE—All bond-prices are "and interest" except where marked ut" 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 Adriatic Electric Oo (Italy)Extl s f 7s 1952 A&O Ala Oas Oo 1st M 4Mb 1951.F&A Alabama Power 1st os 1946-M&S 1st & ref 5s 1951 J&J 1st & ref 5s 1950 M&N 1st & ref 4Kb 1967 J&D 1st & ref 5s 1968 M&S Alabama Water Service Co— 81 94 104 M 100 M 98 M 85 M 90M -■ , 1st M 5s 1957 ser 90 96 104M 101M 99 M 86 91M 99 X J&J A Amarillo Gas 6s 1939 Amer Commonwealths Power— Deb g 6s 1952 ser A F&A < Deb g 5 Ms 1953 M&N . Oonv deb 6s 1940 . 92 92 M&S Am Community Power— 5 Ms Certificates of deposit 1953 1% 2 1X IX 2% 2M 19 ft 11 Amer Elec Pow deb 6s '57 M&S15 Amer & Foreign Power Co— Deb g 5s 2030 M&S Amer Fuel & Pow 7s 1934.J&J Amer G & E deb 5s 2028 M&N , Am Gas & Pow deb 3-5s '53-F&A f 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 A&O Amer States Public Serv— 1st 15Ms 1948 ser A I.M&N / 30 78M ,7l* ~ J&D / Deb 6s 1938 Amer Telep & Teleg— e Deb 5 Ms Nov 1 1943 M&N J&J A&O J&D Conv deb 4Ms 1939 25-year deb 3 Ms 1961 10 i06M 106X 42 46 44 96 M 67 53 97 M 69 65 51 89 30-year deb 3 Ms 1966 American Toll Bridge— 101 : 5Ms ser A, B & O 1937-38-F&A 5 Ms series D, 1945 103 F&A Amer Utilities 1st 6s 1945 J&D / 52 Deb 6 Ms 1941 M&N / 50 Amer Util Service 6s 1904 81 Amer Water Works & Electric— Deb 6s 1975 ser A M&N 107M Deb 5s 1975 ser B___ 97 M J&D Ana&Pot R RR-See WashRy&El 72 Anchorage Lt & Pow 7-5s'43 F&A 54 51 - 113 107 98M 98 .:V" S'.'--:. •: 104"" J&D _ - Deb gold 6s 2024-J&J Ardmore St Ry—See Phlla Co Arizona Ed 1st 5s 1948 J&J 1st 6s 1945 -.-A&O Income 5s 1960 Income 6s 1960 82 M 109 M 98 74 • 56 84 F&A 102 100 5 101 15 104 99 M 92 M 70 92 M 99 102 59 63 - Oonv deb 5 Ms 1977 Oonv deb 5s 1965 Conv deb 5s 1950 F&A M&N F&A Conv 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 Conv invest ctfs 5 Ms M&N S f inc deb 5 Ms A 1983—_F&A S f inc deb 5s B 1983 M&S S f inc deb 4 Ms O 1983- -M&S S f inc deb 4s D 1983 M&S S f inc deb 5 M-6 Ms A1986 F&A S f inc deb 5-6s B 1986—M&S S fine deb 4 M-5Ms O '86.M&N S f inc deb 4-5s D 1986—M&S Associated Gas & Elec Corp— 8-year 8% 1940 —M&S 93M 63 60 58 55 M 58 54 M 45 55 M 71 73" 55 60 50 55 45 50 40 45 61M 62 M 55 54 55 46 47 100 98 F&A J&D 92 82 85"" J&D 76 78 M&S 73 46 M 42 38 36M 39 72 87 M 42 42 42 104 89 M 43 M 43 M 43M 43 M \2 42 42 2-yr 6% notes 1933 A&O / 111 Certificates of deposit / HI Athens (Ga) Ry & Electric— 1st & ref s f g 5s 1950 105 J&J Atl Cons St RR—See Ga Ry & El Atlanta Gas L 5s g 1947—-J&D 107 Gen mtge 4 Ms 1955 101M -M&S Atlanta Nor Ry—See Ga Ry & El - 38 78 r Conv deb 5Ms 1944 ser C.M&N Certificates of deposit 48"" 41 103 M . 43 M 43 M 104 Atl Beach Bridge 6 Ms 1942- 101M ♦ Called Apr. 1 at 104. - . A&O / 1955 ser A— 1 1st g 5s 1957 ser B —J&D 1st mtge 5s 1960 ser C M Bell Telep Co of Pennsylvania 1st & ref 5s 1948 ser B——J&J 1st & ref 5s 1960 ser O A&O _jrgen Turnpike 5s 1951—-J&J Berkshire St Ry 1st 6s *37--J&D Berlin City Elect 6Ms 1951-J&D Sink fund deb 6 Ms 1959-F&A Deb 6s Apr 1,1955 A&O Berlin Elec Elev & Underg Rys— ■ 35M 41M 37 43 (35% prin paid) 1927 F&A 72 / Certificates of deposit. / 72 Camden & Sub Ry—See P S Corp 102 X Canada Nor Pow coll 5s *53. M&N 101 hJ Canadian L & P 5s *49 op '14 J&J Canadian Rail & Harbor— — ser / / / / Ry 4Ms 1937--A&O 4 Ms Nov 1, 1941 —M&N 5s Dec 1942J&D s M&S 103" 54 M 103 M 111 112 116 117 116 118 117M 121X 123 102 X 103 M 118 86 38 20M 21X 21M 19M 19M 21 20 33 .... . 104 103 M 105 107 M 109 98 17 98M 101-4 98 M 97M Cent Indiana Gas 5s 1957—M&S Central Indiana Power Co— .: _ 1st & ref 6s 1947 ser J&J A . 91X 101M 107 101X 93M 1947-J&J '19.M&N 1st & gen 4s ser G 1960—A&O 1st & gen M3MsserH '66.F&A Cent Iowa Telep 5 Ms A Cent Maine Pr 5s '39 op Corp— „ Cent Public . w—F&A Conv deb 5 Ms '49 w Without warrants h F&A Util.(ws)inc5Ms-1952 Central States Edison, Inc— 1st coll inc 3-5s 1950 M&S f Central States Elec Corp— Conv deb 5s 1948 J&J Deb 5 Ms 1954. M&S 15 Cent States Pow & Lt Corn— 1st M & 1st lien 5 Ms 1953.J&J Debenture 5s 1944 J&J 70 63, 64 M 67 M 56 18 1938.J&J 107M 1HM 110M 1st mtge 3 Ms ser B 1966--F&A Central West Public Service Co— A.-M&N 72 126 5Ms series B 1956 M&N 5s series C 1933— J&D Charleston Cons Ry Gas & El Consol gold 5s 1999——M&S 19M 112 1st 1 coll 5 Ms 1956 ser Gen & adj 5s 104 M 95 72 72 109 M&S 70 M&S 58 .M&S 83 95M 1942. Coll trust 5s notes 1942 100 M - - 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 4Mb 1958 series 99M A 94 82M 106 102 M&S Chic Aurora & Elgin RR— 1st & ref 6s 1951 J&J / Chicago City & Connecting Ry — 99 X 100 100 M f g 5s Jan 1,1927.A&O / Certificates of deposit J Coll tr 100M 100M 101 100 100M 98 99 M 98M 98 s 102" 102M 100 100M 100 95 99 97 85^ 94 96 M 95M 90 95 1st mtge gold 5s 1936 1st & ref 6s 1955 ser A 1st & ref 5 Ms 1956 red and pay Aug Certificates of 109M 103 X 58 105 59 % ser deposit/ Pur mon 4-5s Feb '27 opt-J&J / Certificates of depositf Adi inc 4s Feb 1927 opt.-May / Certificates of 115 121M 107 X 1, 1933 _-F&A / deposit — J A Feb '27—A&O / Certificates of deposit--.— f Series B Feb, 1927 J&D / 74 109" J&J / J&J f. A&O Chicago Railways Co— 1st 5s 1927 stpd as to 25% pt 81 114M 121M 107 X 103 M 106M Certificates of deposit Chicago Rapid Transit Co— 1st & ref 6 Ms 1944 ..J&J 104 Certificates of deposit 106 108 Adjust deb 6s July, 1963—J&J / 110M See Ry. 8 / / 1 1 Chicago & West Towns Rys— 1st cpm inc 5s 1937. -J&J 15 Chippewa Power 6s 1947—J&D 105 1st mtge 3 Ms 1966. Cin Newport & Cov L 105 117"" 96 97 94 M 96 100M 93 X 99 X 13 M Cincinnati Gas & Electric— Ill California-Oregon PowerDeb gold 5 Ms 1942 A&O 1st mtge 4s 1966 A&O Calif Water Serv 4s B 1961 -M&m 13 M 16 16 9M 9M 9M 9M 105 - 26„ 8 J&J / Certificate of deposit 72 f / 1st & ref 6s 1953 ser A Certificates of deposit 108M 72 26 / 107 M 106 M 115 21 Chicago City Ry— , 70 1st 5s (15% paid) 1927—F&A f 70 Certificates of deposit / Chic Dist Elec Generating— 103 M 1st M 4Ms 1970M&S 104 M 1st 6s seriefe B 1961 M&N Chic Gas L&C see Peoples G L&G Chic North Shore & Milw RR— Cons M 5s ■ 12 21 . 100M 101 & Basis. !£2 X — 1st 5s 1942 Calgary Power 1st 5s 1960--A&O lstsf 5s 1964—— J&D California Gas & Elec Corp— Unif & ref g 5s '37 op s f—M&N t Called Apr. 1 at 105. — 102 M 101M 96 & Power— f 5s 1951—J&D 103 Charleston Transit Co— - s 20 112 Central Illinois Public Service— 1st & ref 5s 1956 ser E M&N 1st mtge 4Ms 1967 ser F—J&D 1st & ref 5s 1968 ser G M&N 1st & ref 4Ms 1981 ser H—J&D Cent Vermont Public Serv Corp 94 M Butte'El & P 1st / 1st & ref 3 Xs 1965 M&S Cent Ills Elec & Gas Co— 1st & ref 5s 1951—' F&A Cent Illinois Light 3 Ms'66.-A&O Cent Statfrs Utilities 6s 92 M F&A ,78 102M 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 — M&S Bway & 7th Ave—See N Y Rys Bklyn Borough Gas 5s 1967-F&A Bklyn City RR 1st 5s 1941—J&J Brooklyn Edison Co— Consol mtge 3 Ms 1966—-M&N Bklyn-Manhattan Transit Corp Coll trust 4Ms 1966 M&N Coll trust 3s May 11937—M&N Coll trust 3s 1938 —M&N Coll trust 3s 1939— M&N Coll trust 3s 1940 M&N Coll trust 3s 1941— M&N Coll tr series 3 Ms 1942—M&N Coll trust ser 3Ms 1943--M&N Coll trust ser 3Ms 1944—M&N Coll trust ser 3 Ms 1945—M&N Col trust ser 3Ms 1946—M&N Coll trust ser 3 Ms 1947--M&N Coll trust ser 3 Ms 1948—M&N Coll trust ser 3Ms 1949—M&N Coll trust ser 3 Ms 1950--M&N Coll trust series 3 Ms 1951-M&N Brooklyn City & Newtown RR 5s 1939— J&J Brooklyn Queens Co & Sub— 1st m g 5s 1941 (stpd) J&J 1st con 5s July '41 (stp)—M&N Bklyn Un Elev 5s 1950—F&A Kings Co El 1st 4s 1949--F&A Nassau Elec 1st g 4s 1951—J&J Bklyn Un Elev—See Bklyn Queens Bklyn Un Gas lstcons5sg'45M&N 1st lien & ref 6s '47 ser A. _M&N 1st lien & ref 5s ser B 1957 M&N i Cent El & Tel 1 st 5s str A '55 J&J Central Gas & Elec 6s 1946.M&S First lien coll tr 5Ms '46.- J&D 101M 106M 110M 110 1st & ref 5s 1954ser A 1 93 X 109 98 M 84 M Cent Pub Serv 81 105M _ no 80 M&S gold 5s 1942 }00M 99 88 104 M 1st Cent Conn Pow &Lt 5s'37-A&O Central Elec of N J 5s 1940->J&J 93X 1st 4Ms series B 1961—-J&D Broad River Power Co— Buffalo Traction 112 Cent Ohio L & P 1st 5s 1950. A&O Cent Pow 1st 5s 1957, ser D.J&J 106M Falls El L 93 M 104 Cedar Rap Mfg & P 5s *53—J&J Cent Ark Pub Serv Corp— 1st & coll tr 5s 1948 ser A..F&A Cent Pow & Lt 1st 5s 1956-F&A J&D Buff & Niag 100 106 X §5M 1960M&S Deb 5s 1950— J&D Buff Gen Elec 1st 5s 1939--.F&A 1st ref 5s April 1, 1939 J&J Gen & ref 5s 1956 ser A F&A Gen & ref 4Ms 1981—_F&A 101 M&N Cape & Vine'd El 4s A '65—J&J Capital Traction (Wash, D C)— 1st g 5s June 1, 1947 J&D Carolina P & L 1st 5s 1956—A&O 101 120" M&N / f 6s 1953 89 _ 102M —A&O Boston Elev Extl 1st 62 „ 1st mtge 5s ser A 1955—-M&S Canadian West Telep 5 Ms '56J&J _ A '45.A&0 Deb g Deb g West End St 5s 1944 101 ' Binghamton (N Y) LH&P—. 1st ref 5s Feb 1946 A&O 1105 90 Birmingham Elec 4 Ms 1968.M&S 78M Birmingham Gas 1st 5s '59.M&N 78 6% notes extended 1938--A&O Birmingham Water Works Co— 103 1st m 5Ms 1954ser A A&O 102 M 1st m 5s 1954 ser B J&D 104 1st mtge 5s 1957 ser C F&A 106 Blackstone Val G & E 5s '39-J&A 107 M Sc coll tr 4s ser C '65—M&N Bleecker St&FulFy-See NY Rys Bloomington Dec & Champagne 97 1st & ref 5s 1940— M&N 105 Blue Lakes Water 6s '38—-M&S Bolivian Power 8s 105M 102M 54 —M&S / Term 6Ms 1951——n Canadian Utilities Ltd— Canton Elec Co 5s 1937 84 1956—-A&O / Y) Gas Works (N Internat Burlington (Vt) G L 5s 1955--J&J Butler Water 5s 1957 A A&O 102 M 1st 99M 104 , _ 1st mtge s f 6Ms Buffalo & Lockport — Atlanta Wat El & Pr 5s 1943 J&J - Beaver Valley Water 5s '60-M&N Bell Telephone of Canada— Bridgeport Gas Lt 4s 1952.-J&J 55 54 Beauharnois Power Corp— Coll trust s f 5s 1973 w w_ British Col Power 5Ms 5s series B 1960 British Col Tel 5s 1960 61 57 Income deb 4 Ms 1978 F&A Income dob 4s 1978 A&O Income deb 3 Ms 1978 M&N Income deb 3Ms 1978.---M&S Associated Pub Utilities Corp— 1st lien 5s 1947 ser A —J&J Deb 6s series A 1958 M&N Associated Telep Co Ltd— 1st M 4s series B 1905 J&J Associated Telep & Teleg Co— Deb 5Ms 1955 ser A M&N Assoc Telep Util deb 5s 1942A&O Certificates of deposit Oonv deb 6s 1941... M&S Certificates of deposit 22 18 103 M Bangor Hydro Electric— 1st mtge 3 Ms i960——— 104M Barstow (W S) deb 6s 1942—i 100 Baton Rouge Electric Co— 1st mtge 5 Ms 1954——« 105M 105 M 1st M 5s 1959 ser B——1 Battle Creek Gas 5s ser A '461V 105M Bear Mt Hud Riv Bdge Co— 105 1st 7s 1953——.-.*-A&0 S f income 8s 1953 A&O / 45 Beauharnois L H & P 5Ms'73 / -02 93M 64 Telephone— 1st mtge 5s 1905 M&S Calumet G & E 5Ms B 1960-J&J Calumet & South Chicago Ry— , 73 104 llH v II 105 7s Sept 1947 —M&S 100M Brandenburg (Germany) El Pr— M 91 Ashland L & Pow & St Ry— 1st M gold 5s 1939 _J&J Ashtabula Water 5s 1958--A&O Assoc Elect 4Mb 1953 J&J 68 Jan 1 1961 J&J Associated Gas & Elec Co— — 107 111 32 33 1st s f 7s 1953 J&J Arkansas P & L 1st 5s 1956-A&O Ark West Gas 1st 5s w w '39. J&J Conv deb 5Ms 1973 Conv deb 5s 1973 Conv deb 4Ms 1973— Conv deb 4s 1973. 106M J&J A&O 91 1st & ref 4Ms 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 99 1st 5s 1938 88 94 35 36 Arizona Power 5s 1950 99M 107 Binghamton 55 105 M 106 M 109 M M&N 1st & ref 5s 1956-—- 98 96 Bellows Falls Hydro-EIec Corp— 1st mtge 5s 1958 —A&O Appalachian Elec Power— Appalachian Power 5s 1941 97 M 106 104 1st g 5s 91 27 25 112M 106 M 98 M 97 M Androscoggin & Kennebec Ry— 1st 6s 1940M&S Androscoggin W Pow 6s '45-F&A 97 M J&J / / 91M 1st coll 4s Jan 1 1954—J&J 104 Bid Bonds Calif Water & J&D Atlantic Co Wat 5s '58 ser A M&S Augusta Ry & El 1st 5s 1940 J&D / Altoona & Logan Val Elec Ry— . 1st lien & ref 5s 1957— Atlantic City Sewerage— 1st s f 6s ser A 1956--- * Ask Baltimore Transit Co- 105 A&O Bid 100 100 M Albany Ry—See United Trac Alexandria Water 5s 1937—J&J 100 Allegheny Gas Corp 6Ms'43M&N / 49 Alliance Power 1st 6s 1952 M&S f 75 Alton Water 5s 1950 Bonds Atlantic City El 5s 1938—M&S 1st & ref 5s 1956--. A&O Gen mtge 3Ms 1964-——-J&J Atlantic City Gas 5s I960J&J Ask F&A & T— 1st ref 6s 1947 series A Cincinnati Street 1st m 1st 6s 1955 ser J&J 104 A&O A&O 95 101 Ry— 5 Ms ser A 1952 B .... 102 M 94 M 101 / This price includes accrued interest, k Last sale, n Nominal. April, 1937] PUBLIC UTILITY BONDS 75 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 Cities Serv deb 5s Jan *60 M&S Deb g 5s Apr 1958A&O Deb g 5s 1963 —M&N ,t Deb 5s 1969 —M&S Conv deb 5s 1950 Cities Service Gas Co— J&D 1st M pfbe line 5Ms 1942-M&N Bonds Coll Inc 6s B Oct 1 .1954—J&D conv 5s 1951 J&J 1st lien & ref 7Ms 1941-M&S 102 Co (Me) Pow & Lt— 1st mtge 3Ms 1966 A&O 104 Cumberland Gas 6s w-s 1948M&N Cumberland Valley Telephone— 103 Independent M&N 72 J&D 72 v 1st mtge 5s 1966 General 5s 1966 Dallas Gas 1st 6s 1941 Dallas Pow & Lt 6s 1949 ! 74 ■ 74;; Telephone 1st mtges f 4 Ms ser A '61--J&J Citizens Utilities 3% notes 1955— Citizens Water 42 (Scottdale)— 1st 5s series A 1953 .-J&J Citizens Water (Washington, Pa) 5s 83 5s 101 1st M 5s 1954 J&D 1st M 5s 1957 series C— ..M&N 101 105 86 1st Com'w'Ith 66 103 103 104M 10324 Com'w'Ith Tel (Pa) 5Ms *45 M&N Com'w'Ith TeI(Wis)4s serA 1M&S Com'wealth Water 5 Ms ser A 1947 1st M 5s 1956 ser B F&A 1st mtge 5s 1957 ser C—F&A 103 Community ser A 99 97 M Duluth-Superior 1st 5s 1953 32 80 76 83 79 57 58 74 M 78 Connecticut Light 25-year deb 3Ms 1956—.M&S Conn Ltg & Pow 5s *39-----J&J Connecticut Power— 1st & coll trust 5s 1956 J&J Conn Ry & Lt 4Mb 1951—J&J Stamped guaranteed optional Conn Riv Pow 324s ser A'61 F&A Connellsv Wat 5s Oct 2 '39-A&O Consolidated Cities L P & Tr— 1st lien 103 M 101M 122 10524 10524 102 M 103M 81 1962 stamped--J&J Co of N Y— Debenture 3 Ms 1946 A&O Debenture 3 Ms 1956 A&O Consol Elec & Gas 6s 1962 .M&N 6s series B 1962 F&A 1C4 102 M _ 6% secured notes 1937...F&A Consol Gas of Bait 5s 1939—J&J Gen g 4Mb Apr 1954 A&O Consol Gas Elec Lt & P (Bait)— Ref mtge s f 3Ms 1971--J&D Cons Gas (N\) deb 4 Ms '51 J&D Consol Gas Utilities Co— - 1938 60 v 65 99 M 106M Wuerttemburg 1st 7s '56.J&J f Cons Tr (N J)—See Pub Ser Corp Consolidated Water of Utica— 1st 4Mb 1958 —M&N 1st M 5s 1958 M&N Consum L H & P Co (Eliz, N J)— 5e 59 118M 1st & coll 6s 1943 ser A-J&D f 6s stamped 1943 J&D k Conv deb 6Ms 1943 A w w J&D f Extls f 5s Feb 15.1954.F&A 15 Pow 4 Ms 1956. J&D of Dallas 5s '46 A&O County Gas (N J) 106 37*" 78M §5M 106 M 106M 11224 107 X 107 X 102 107 Vs 10724 103 H .-viV-: 10M 9M ; oco 4M 324 102 96 93M 20 Transit— 62 30 _ 93 95 101 w 103 102M 68 7% 1932 ctfs of dep J&J East Jersey St Ry 5s 1944-_M&N 76" .... 107; E. Kootenay Pow 1st 7s '42.A&O 99 M East Prussia Pow 6s 1953 18 J&D / E St L & Interurb Wat 5s '42 J&J 101M 1st mtge 6s 1942 J&J 1st m 5s 1960 ser D F&A East St Louis (111) Lt & Pow 1st 5s 1940 J&D Eastern Gas & Fuel Assoc— 1st m & coll tr 4s A 1956.M&S Eastern Iowa Pow 6Ms 1943.M&S Eastern Lt & Pow s f 5s 1964 M&N Eastern Mass Street Ry Co— Ref m 4 Ms 1948 A J&J Ref m 5s 1948 B_ ..J&J Ref 6s Jan 1948 ser C M&S 15 Ref 6s series D 1948 Ref 6s series E 1948 101M 103 93 95 95 98 85*" 100M 20 103 ■ 104 100 88M r 101 85 M 94 87 M 95 98 98 105 1st mtge colltr 7s 1958 J&J / 48 Adjt 6s due July 1958 A&O / 5M Eastern Minn Pow 5Ms 64 1951 M&S Eastern Oregon Lt & Power— 5Ms series A 1951 99 M M&S 5s series B 1953 94 M J&J Eastern .Shore Pub Service Co 1st m 5Ms 1947ser A 100 1 M&S 1st M & 1st lien 5s 102 M 1955 B M&S Easton Cons El 5s 194976 -M&N Economy Lt & Pr (111) 5s '56. J&D 106 Edison Elec Ilium of Boston— 3 Ms 1st M s f 102M July 1. '65.J&J Ed E. Ul(Bkn)See Kings Co EL&P Edison El 111 (N Y)—See NY G 103"" 50 a 6M 56 M 105M 10124' 10024 Elec & 101X lOOVs 97 X 90 M 64 100M 101M Eliz 64 M 66 M Eliz 92 1st 101 103 8/ 102 M 102 M 100 Peoples. See Phila R T Corp (Germany)— f 6Ms 1950 1st sink fund s 102" ...M&S / 1824 1924 86 M 88 6Ms 1953—A&O Electric P & L Deb 5s 2030.F&A Eliz Plainf & Cent J1 131 . . 10624 26 107 M 108'" 102 M 103 M 102 M 102 H M&S 1st lien g 6s 1942 102M stpd M&S Debenture 6s 1954 ser B._ J&D 100 Fed'l Pow & Lt 6s Nov 1,1965— / 25 Federal Public Service Corp— 1st 16s 1947— J&D / 63 M Federal St & Pleasant Valley 34 84 M&N Federated Utilities Inc— 1st lien col tr 5 Ms 1957—M&S Florida Power Corp— 1 f g 5s 1954 82 & 1.60 5 2.60 & 2.60 5 2.75 Gandy Bridge (Tampa) 6s '45J&D Gary Elec & Gas Co— 1st lien coll 5s x-w 1944--.J&J 5s with warrants 70 100 9824 1944--J&J 110 Gary Rys Co 6 Ms ser A 1945 F&A / Gary Street Ry 1st 5s 1937.-A&O / Gas Co of New Mex 6Ms '44 M&S Gas & El of Bergen Co 5s '49. J&D 38 M 40 91 Gen 5s Nov 1,1954 M&N Gatineau Pow 1st 5s 1956—J&D Debenture gold 6s 1941 J&D 15 Deb 6s 1941 series B A&O General Public Service Corp— Conv deb 5s 1953. J&J Conv deb 5 Ms 1939 J&J General Public Utilities— 1st M coll tr 6 Ms ser A'56_ A&O 1st mtge & coll 6 Ms 0*55-A&O General Water Wks & El Corp— 1st lien & col 5s 1943 ser A_ J&D Georgetown Gas Lt 1st 5s'61 F&A Ga-Caro Pow 1st s f 5s *52.-J&J Georgia Power 1st 5s 1967.-M&S Georgia Power & Light Co— 1st mtge 5s 1978J&D Georgia Ry & Elec— Atlanta Cons St 5s 1939. _J&J Atlanta Northern Ry Go— 1st guar 5s '54 op '90 J&J Gesfurel 6s 1953 x w. J&D / Grand Rapids Gas L 5s '39.F&A Grand Rapids Ry 1st 7s '39-M&N / Great Cons Elec Pow (Japan)— 1st M 7s 1944 —....F&A 1st & gen 6 Ms 1950 J&J Great Lakes Power Ltd— 1st sf 4Mb 1956 M&S Great Lakes Utilities Co— 1st lien coll tr 5 Ms 1942..M&N Great Northern Power— 1st 5s stamped 1950 F&A GTeen Bay & Miss Canal— 1st & ref 4 Ms 1953 M&S Green Mountain Power Corp— 1st mtge 5s 1948 F&A 85 M 91X 100 A&O / opt , 90 M 92 M 94 — s 103M 10324 81M st mtge 4s series C 1966 J&D Sinking fund debs 5s 1946. J&D Florida Pow & Lt 1 st 5s '54. J&J Florida Public Service Co— 1st 4s series C 1955 J&J Florida Telep 1st 6s 1945—A&O Fontana Un Wat 6s 1935—J&J Fruit Growers' Express— Equip trust 5Ms to 1938 Equip trust 4Ms to 1941—F&A Equip trust 4Ms to 1943—M&S Equip trust 4s to 1946—-M&S Galveston-Houston Elec Ry— 110M . 28M Federal Light & Traction— 1st 5s (Amer series) 1942.M&S 1st 5s (Internat ser) 1942—M&S Stamped 68 109M 117 117M 101M 101X 100 X 102 M 101X 88 M 88 9224 113 104M 97 M 74 105 105 20 105 24 94 X 91 96 74 106 % 103 102 M & Gas System— Col tr 5s 1952 series A. A&O Col tr 5s 1952 series B A&O Gulf Coast Water 1st 5s '48-F&A Gulf Power 1st 5s 1968 —A&O Gulf Public Service Co— 1st mtge 6s 1945— Gulf States Utilities Co— : * 99M 99 M 90 103 X : A&O 97 1st M & ref 4s ser O 1966—A&O 10-year 4Ms deb 1946—.. A&O Hackensack Wat 4s'52 op'l2 J&J Gen&ref 5s June 1577 A J&D15 5Ms June 15, 1977 ser B.J&J 5s secured conv notes 1938 J&J 101X 103 106 102 M 108 108 X Hamburg (Germany) Elec Co— Extl g s f deb 7s 1935 M&N f 25 19. 64 M&N 107 M Havana Elec Ry 5s 1952—F&A / 29 5Ms (Sept'31 coup on)'51 .M&S Helena Gas & Elec 1st 6s '52 M&S 102 Hest Man & Fair Pass Ry—See P hil R T Home Tel & Tel (Ft Wayne)1st 6s series A 1943 J&J 105 M 1st 5Ms series B 1955 A&O 105 Houston Elec 1st 6s B 1950-J&D 96 M Houston Gas Securs 5s 1952-M&S 97 Houston Gulf Gas— 1st M & col 6s 1943 ser A.A&O Deb 6 Ms 1943 with war-.A&O 104 100 Se_ & Raritan Riv)Public Serv & Trenton RR I Corp Elmira Water, Light & RR— 100 103M 1961 A&O 103 63 See Foreign Bonds Harrisburg Gas 5s 1970 Electric Pow 100 90M Elec4Ms, 102 Hamburg (Germany) Elev Under gound & St Rys 5Ms'38_.J&D Hamilton Gas 6 Ms A w w'37 J&D Hanover Harz Water Works- ' Edison Sault 108 i 103 ■' 88 M Eastern Michigan Rys— Electric Co of N J 1st 5s 1947 M&S Electric Ferries 1st 7s '41. _A&0 102 106 Greenwich Wat 106 102 158 100 - deposit 101 x M&S Empire Gas & Elec and Empire Coke jt 1st & ref 5s'4l opt.M&S Ercole Marelli El Mfg Co (Italy) 1st 8 f 6 Ms 1953 witn war M&N Equit G & E Utica 5s 1942.A&O Erie Co Electric 6s 1959 J&J Erie Rys—1st 6s 1954 A&O / Erie Ltg 1st m 5s 1967 A&O Erie & Suburban Ry 5s / Fall River Elec Lt 5s 1945--J&J 1st M — - 5s Jan 1 .1952- 98 17 H 83 Copper Dist County Gas 100M 106M 28 104 Cooper RivBri'ge inc 1st 6s'58M&N f Copenhagen Telephone Co— 91 103 4M 4M F&A Ask A 1952.-J&D - ' 96,. J&D 1st mtge 3 Ms 1970 M&N 1st mtge 3X8 1966---j__M&N Contin Gas & El deb 5s 1958 F&A Continental Pub Serv 6s '40.J&D Continental Tel & Tel 5s"53 F&A 110 120 84 % Consumers Nat Gas 6s '44-M&N Consumers Power Co— 1st mtge 3X8 1965 .M&N 1st mtge 3Xb 1965M&N — 104 % 103 60 63 - 83 59 107 _ Consol Hydro-Elec Wks of Upper 105 101 5s ^ 100M 102M 121 Consol Edison 10824 10724 107 M 107 X 112„ 1st coll 5Ms ctfs 1937 A—F&A / 129 102 M 99 X 104 72"" 104 Durham Pub Ser 7s A '49—A&O Durham Trac 1st 5s 1941—M&S East Coast Pub Serv 4s 1948— East Coast Utilities— 127 ser Conv deb 5Ms 1954- 104 104 X 70 108 X Duquesne Gas Corp— 1st conv 6s Mar 15,1945 M&S1 5/ Duquesne Light—See Phila Co Duquesne Nat Gas 7s 1948 f Duquesne Trac—See Phila Co 8224 99 M 37 5s 1952 Passenger Ry 5s 1942 Federal Water Service Corp— 105 ■ M&S / 60 Dumbarton B'ge 6Ms to *49-J&J 104 82 98 M & 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 103 M 105 ; J&J / 2 Dixie Gulf Gas Co— 1st 6Ms 1937 A with war-M&S 101 % Dom Elec Pow 5Ms 1955—M&S 93 Dominion Gas & Elec— 6Ms 1945 with warrantsJ&J 92M Dortmund Munlc Util (Germany) 20-yr s f 6 Ms 1948 A&O / 17 105 J&D of m Gen & ref 6s _ Detroit Edison— Gen & ref 4Mb 1961 ser D.F&A Gen & ref 5s ser E 1952.-A&O Gen & ref M 4s ser F 1965. A&O Gen & ref M 3 Ms ser G '66M&S Detroit International Certificates 15 96 M 106 1(?2 Det & Pt Huron Shore Line— 1st gold 5s 1950— ' 103 103 „ 1st & ref > Bridge— 89 39 13 Deb g 5Ms 1946 ser B—M&S Conestoga Trac 1st 4s 1950--J&J Coney Isl & Bklyn cons 4s '48 J&J 52 104M -.J&J J&J J&J 1st mtge s f 6 Ms 1952 113M 85 37 Power & Light Co— M&S 102 M 82 M 107 104 M Certificates of deposit.— S f deb g 7s 1952 F&A 103 111M Col M £>s 1957— Deb g 6s 1946 % 111M lllM 110M 110M 106M 102 Community Pub Ser 5s 1960.J&J Community Teleph 5s Jan 1 1949 Community Water Service Co— 06^ 102 % 1st mtge 6s 1947 series A—J&J 1st mtge 5s 1950 series B—A&O .... 105 X 97 v 105 Certificates of deposit. / 1st 5s, 1966-..—......M&N Detroit City Gas Co— 100 101 109 109 Commonwealth Lt & Power— W: Ref & unif 7s 1962 J&J / . 105 / 10 110M 110M Non-cum inc deb 6s (w s) 1948- / Non-cum inc deb 6s (x s) 1948- / 1971 Bid Empire Gas & Electric Co— Gen & ref 5s 1950 ser A—_J&J 89 1st cons mtge 6s 1943 A&O 101 Des Moines Elec Co— 1st mtge 5s 1938 M&N 105 Des Moines Gas Co— 1st mtge 5s 1956 105 M&S Des Moines Ry 1st ,nc 5s Jan 1 '55 f 36 Detroit & Canada Tunnel— 1st mtge s f 6s 1953 M&N / 41M Certificates of deposit.. / 41M Convs f deb 6Ms 1948.—M&N 107 Commonwealth Gas Corp— ] 96 M 104 109 M&S Delaware Vail Util 6s 1952.M&N Denv Gas & El 1st g 5s '49--M&N 1st & ref 5s 1951 M&N Stamped as to Pa tax. Denver Tramway Corp— 108M Commonwealth-Edison M&S M 4Ms 1969 4Mb 1969 1st H 1965—A&O El 5s June 1 '43-M&S 5s 1st mtge g 4 Ms 1st mtge g 8 f 4s series B 105 1965 M&S Colonial Util 5Ms June 1.1958... 64 Colorado Cent Pow 5Ms '46-J&D 100 Colorado Power 1st 5s '53--M&N 106 Columbia Gas & Elec Corp— Deb g 5s 1952 102 M&N Deb g 5s 1952 103 A&O 15 Deb 5s Jan 15. 1961 J&J 15 10224 Columbia River Longview Bridge 6 Ms stamped 1953 8 A&O / Columbus Dela & Marion Elec Co 1st & ref 5s 98M July 1937 J&J 1st & ref 6s 98 M (stmpd) 1937.J&J Columbus (Ga) Elec & Power— 1st & ref 6s 1947 ser A—.J&D 105 X 1st & ref 5s 1954 ser 105 B-.M&N Columbus Ry Pow & Light— 1st mtge & coll tr 4s 103 X 1965-M&N ser * Dayton Ltg 1st 5s 1937 Dayton Power & Light— CSarksbury-Columbus M 324s 101M 95 98 100 104 106 A&O 1st & ref M 3Ms 1960 A&O Delaware Elec Power Co— Deb 5Ms 1959 -J&J Delaware Power & Light Co— Short Route Bdge 6 Ms '52-J&D / 27 Cleveland Elec Ilium— Gen mtge 324s 106 M July 1, *65-J&J Cleve Southw Ry & Light— Gen & con 5s 1954 M&S * Clinton (La* W W 1st 5s 1939F&A 102"" Coast Cos Gas & Elec— Co— M 5s 1953 ...J&J M col 5s 1954 ser B—J&D M col 4Ms 1956 ser C.A&O M col 4 Ms 1957 ser D.J&J M 4s 1981 ser F A&O 1st mtge 4Mb ser A 1951.-J&D Conv deb 424s 1946—...J&D Empire District Elec Co—. 9824 101 1961 J&.T Dawson Ry & Coal 5s 1951--J&J City Water (Chattanooga)— 1st 1st 1st 1st 1st 1st 59 94 . Davenport Water 83 1941.i...U.........j.J&D 57 92 ai0lM 105M Bonds El Paso Nat Gas— D—J&J 1st mtge 3Ms 1967F&A Dallas Ry & Ter 1st 6s 1951-J&J 81M Danbury & Beth Gas 6s 1948 F&A 105 Danville Tr & Pow 1st 5s '41.J&J 45 Darby Med & Ches Ry—See Phila R Tr 84 102 M 103 M 100 M 74 5^s A 1951 J&J City Elec San Fran 5s 1937--J&J City Gas & Elec 1st 6 Ms '51-J&J City Light & Traction (Sedalia, Mo) 1st s f 5s 1952 J&D City & Sub PS—See Un Rys of St L City & Sub Ry—See Wash Ry & El City of New Castle Water— J&J J&J 1st g 7Ms 1949 ser B——J&J tl 1st g 5s 1952 ser C J&J 1st gold 5 Ms 1954 ser 10224 Ask 90M Cuban Telep Light— Deb 6Ms 1952 Deb 5Ms 1949 Bid Council Bluffs Gas 5s 1948.M&N Crescent Public Service Co- Cumberland 100M Cities Service Gas Pipe Line Co— 1st M 6s 1943 J&J Cities Service Power & Citizens Ask 74 M 75 72 X 74 72M 74 72M •;-:74;f/ 74 X 74 M 97 M 105 1st & con g 5s 1956 El Paso El Co— 1st m 5s 1950 ser A 95 M&S J&J 106 108 103 % 104 * Called July 1 at 104M. k Last sale, n Nominal. t Called July 1 at 106. t Called July 1 at 103. a Called July 1 at 102. 6 Basis. / This price includes accrued interest, 76 v:-:\ Bid Bonds Houston Light & Power 100M 104 coll 6s *43 with warr J&D Hudson Oo Gas 5s g 1949—M&N m 100% 106 117 102% 54A M&S M&S Hunt'g'n Wat 1st M 6s 1st M 5s 1954 ser B 1st 5s ser O 1962 Ask 101 104 100% Hydro El Bond & Sh 5s 1957M&N 99 Hydro El Corp (Va) 5s 1958-J&D 105 Hydro El Pow Comm 3%s'43J&J 118% 4%s due Jan 1, 1970——-J&J ♦ 100 Deb 3 %s-5s 1952 A&O 103% 4MB 1938 F&A 107. Idaho Power 1st 5s 1947 J&J 103 X Illinois Bell Tel 3%s B '70—A&O Illinois Commercial Telep— 99 ; 1st 5s series A 1948 -.M&S 97 M 1st mtge 5s 1960 ser B—M&S HI Community Tel 6s 1949—J&J /;* 80 Illinois Northern Utilities Co— 106% 1st & ref 5s 19 57opt A&O Illinois Power & Light Corp— 103 M 1st & ref 6s 1953 series A..A&0 101 1st & ref 5%s 1954 ser B J&D 1st & ref 5s 1966ser C J&D 95M 8 f deb 5%s 1957 M&S Illinois Water Service Go— 100% 1st mtge 5s 1952 series A..J&J 101 107 119 , - Indiana Assoc Telegraph— 1st mtge 4%s ser B 1965—A&O Indiana Central Telep Oo— 1st lien coll 5%s 1938--—M&N Indiana Electric Corp— 1st M 6s 1947 series 105 / 103 M A—M&N 103 93 90 Indiana General Service— 1st M 5s 1948 Indiana Hydro-Elec Power— 98 107 J&J 92 110 106 -118 100% Indiana Service Corp— 1st & ref M 5s Jan 1,1950- J&J 1st 1 & ref 5s 1963 F&A Indiana & S W Gas & Util— , 71% / 71% -20 6% conv notes 1940 J&D Indiana Telep 5s A (ws) I960-J&J 98 Indianapolis Columbus & South- 80 Traction 1st 6s 1948—F&A Indianapolis Gas 5s 1952—A&O / 74 Indianapolis Power & Light— 105% 1st M 5s 1957 ser A J&J 65 Indianapolis Ry 5s, 1967 J&J era Indianapolis Water— y 1st mtge 3%s 1966 Indianapolis W W Sec Co— _ Inland Gas 6 Ms 1938Certificates of deposit 100 M 99% 82 M 107 J&J 100 / 96 23 Kings Co E L & P 26M 30 M 27% 31% 27 29 93 M 92 M 42% 40 M 84% 83 A&O Conv g 7% note 1932 M&S Certificates of deposit Intercontinents Power Co— •; A&O M&S ser 0 J&D F&A F Conv deb 4%* 1939 J&J Deb 5s 1955 F&A Int-State Bridge 4-6 Ms '50 M&N Interstate Gas & El 6s 1951 J&D Interstate Power 1st 5s '57---J&J •V." J&J Deb gold 6s 1952 Interstate P S (Ark) 6s 1940 M&S Co— 79 M Interstate Tel & Tel 5%s 1953J&J Interstate Wat 6s ser A 1940-F&A Iowa Electric Co— 1st 4s ser A 1961 ..J&J Iowa El Lt & Pr 7s ser O '42.F&A 1st mtge 4s ser E 1955-..-J&D Iowa-Ill Telep 2-5Ms 1949-A&O Iowa-Nebraska Lt & Power—_ 1st lien & ref 5s '57 ser A..M&N 1st 1 & ref 5s 1961 ser B—M&S Iowa Pow & Lt 1st 4 Ms 1958 M&S Iowa Pub Serv 1st 5s 1957—J&D Deb 5s 1968 M&S 1st mtge 5%s 1959 Debenture 6s I960 ♦ M&S —M&N Called Apr. 1 at 100. 40 1% Louisv Ry cons ext 2d 4%s 1940— 104% 101 % 97 — - F&A 6s coll notes ser B 70 70 94% 100 60 63 67 70 83 M 84 72 M 50 73% 68 63 64 51% 51% 89 91 97% 98% 101 58 96 M 114% 100% 67 102% 102% 102 87% 81% 107% 15% 39 98 104 101% 92% 92% 91 106 102% 107 85" 155% 106% 112 111% 112% 90% 60% 60% 61% 1942—-F&A 55 58 102% Lake Sh Gas 1st 5%s 1950--M&N Superior Dist Pow— 1st mtge 3 Ms ser A 1966-_A&O Lancaster Co Ry & Lt 5s 1951 J&J 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 Ref & impt g 5s 1960 J&D 1st extend 5s 1945 -J&D Leipzig Overland Pow 6%s *46— Lewiston Gas Lt 3%s C '56-A&O 91 61 62 103" Telep 5%s 1948--J&J & Lt 6s 1946-A&O 1st & ref 5%s ser B 1949—M&S 1st & ref 6s ser C 1952—M&N Lake Sh Elec 1st con g 6s '33 J&J Gen gold 5s Feb 1, 1933—F&A 102 102% 5 1 82 Lake 93% 110 104 107% 108% 104 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 A 1945 3-5s series B 1945 Meridionale Electric Co— 1st s f 7s 1957 ser A—A&O Metropolitan Edison Co— 1st M 4%s 1968 ser D—M&S 1st M 4s 1971 ser E—-M&N 1st mtge 4s ser G 1965—M&N Metrop Edison Corp 6s '61-M&S 59 93% 101" Lex 103 102 St Ry—• 5 %s 1942 .J&J Pow 5s *55 J&J Middlesex Water 5%s 1957-A&O Middlesex & Somerset Trac— Middlesex & Boston _ 50 12 47% 42 % 20 92% 86 95% 95% 18 105 112 102% 92 102% 103% 96 101% 80 106 102% 104% 103 14 12 12 11 % 36 36% 47 56 „ -J&J 1950 Middle Western Tel Conv dob 6s 1939 6s 1943.J&J —. 90 1st M4%s 1967 Minneapolis Gas Light M&S Co—J&D Nor Pr jt 6s 1944 A&O 1st mtge 4s 1950 105 Minnesota 102% Minnesota Power 76 & Light Co— 1st & ref 5s 1955 -J&D 1st & ref 4%s 1978 M&N Mississippi Power Co— 1st & ref 5s 1955—M&S 104% 101 100% 101 % 99 87% Mississippi Power & Light— 1st M 5s 1957 100 / Price includes accrued interest, 86 85 Co— Milwaukee Gas Light 105 96 117% 104% M&N / 35 Midland Util deb 6s 1938.-M&S / 71% Milwaukee Elec Ry & Light— 1st & ref 5k 1961 ser B J&D 103% 1st M 5s 1971 J&J 103 J&D Mississippi River Pow 5s '51-J&J Deb 5s May 1. 1947 M&N Miss Val Pub Ser 1st 5s '54-J&D b Basis. 102% Sewer—See Fgn bds Metropolitan West Side "L"— 1st gold 4s 1938 —F&A f Certificates of deposit Exteu gold 4s 1938 J&J / Certificates of deposit ' Mexican El L 1st M g 5s '42^1&J Mex Lt & Pow 1st 5s '40 s f—F&A Mexican Utilities 7s 1939—A&O Miami Bridge income deb 6s 1952|/ 87" 94 t Called May 1 at 103. 94% 107 17 Metro Wat 5s 20 98 18% 107 107 117 95% 60 / 35 1 st and ref mtge 92 96% 102% Middlesex Elec Lt 82 58 „ . / 93 _ _ Telep Co— A&O 103 1950—J&D / 55 Michigan Gas & Elec Co— 1st & ref 6s 1943 M&S 97 93% 1st M 5s 1956 J&D 95 Michigan Public Service Co— 1 st g 5s 1947 ser A -A&O 93 Middle States Telep 6s A *47-J&J 103 104% 103 98 , Michigan Associated 1st M 5s 1961 Mich Fuel & Lt 6s A ^ 104" __ Power— 1st s f 5s ser A 1955 A&O Luneburg Pow L & W W (Germ'y) 1st Ms f 7s 1948 .M&N / Luzerne Co (Pa) Gas & Elec— 1st ref&imp g 5s'48 op'13 A&O 1st & ref 6s 1954 —M&S Debenture 7s 1944 J&J MacLaren-Que Pow 5%s Febl'61 5%s series B 1964 M&S Macon Ry & Light 1st 5s '53-J&J Madison Rys 1st g 5s 1936—M&N / Malone (N Y) L & P 5%s'56_J&J Manchester Terminal 6 %s 1941- / Gen s f 7s ww 1941———A&O / Manhattan Ry con 4s g 90—A&O / Cent Hanover Bk ctfs of dep. / 2d gold 4s 2013— —J&D / Manila Elec RR & Ltg Corp— 1st lien & colltr 5s '53 M&S Manila Gas Co— 1st lien coll tr 5%s 1937--A&O Manitoba Power Co Ltd— 1st M s f 5%s '51 ser A—J&J / 1st M s f 5%s 1952 ser B„J&J / Mannheim & Palatinate Elec Cos 15-year s f 7s 1941 J&D f Maritime Tel & Tel— Ref & gen 5s ser A 1956 —J&J Ref & gen 6-4% s ser B 1966 J&J Market St El Pass Ry—See P R T Market St Ry (San Francisco)— 1st s f 7s 1940 ser A Jan.— Maryland Light & Power— 1st M 5%s 1950 ser A——J&J Mass Utilities Associates— S f deb 5s 1949 ser A A&O Massillon El & Gas 1st 5s'56-J&J Maysville P Serv 5 %s A 1942A&O McGavock & Mt Vernon Horse RR 1st 6s 1937 J&J 1% (Ky) Ry—See Ky Tr & Term Lexington (Ky) Tel— 102 1st M 6s w w 1944 M&S 101 Lexington Util 1st 5s 1952—F&A 98% 99% Lexington Wat ref 5 %s 1940 .F&A 85 100 LexingtonWat PowColst5s'68J&J '87 Conv deb 5%s 1953. J&J 109 60" Lincoln Gas & Elec 5s 1941--J&D 105% Lincoln Pub Serv 5s 1939—J&J 103 97% Little Rock Ry & El 6s *38—A&O 102 115% Lockhart Power 4%s 1955--J&D 101% Lockport L H & P 5%s A'54M&N t 103% Lombard Elec Co (Italy)— 74 1st extl 7s 1952 ;J&D 104% 103% Lone Star Gas s f 5s 1942—M&N 72 102% Long Beach Gas 1st 5s '56—J&D 103 M 92 83 107 97 25 Lake Erie Pow 99 M&S 1st mtge 4%s ser A 1966-M&S Lower Austrian Hydro-Elec— 1st s f g 6%s 1944 —F&A 115 94 23 La Crosse llt> 100% , :::: 105% 6s 97% A&O _ 5%s 1940J&J General 5s 1950——-—F&A Lowell Gas Light— 104% f f 1948 1939 A&O '53 ser O F&A 1st col&ref 5%sl960 ser D F&A 6s coll notes ser A 1942—F&A 79% 120% 103% 100% 102% 1C2% 9l" M&S Lower St Lawrence 102% 95 1938—A&O (Ky)—■ _ 105 105% J&D 1957 1st & ref M 3%s 1966 Louisv Ltg 5s '53 unstmpd. 101.20 Works— 1958 J&D Wyoming Val RR Laclede Gas Lt 5s 68 „ Investors Telephone 3s 1961 _ 1st mtge 5s Louisville Gas & Elec Co 101% 150 • 93% 93 70 Los Ang Trac 1st cons 5s'38-J&D Louisiana Pow & Light Co— Water 1st 5s ser A 10 77 100% B—J&J 86 J&D 81 1st & ref 4 Ms '58 ser F M&S 1 Interstate Rys 4s 1943.. F&A / A&O Kokomo 85 67 70 1st & ref 6%s 1949 ser 1st & ref 5s 1956 ser D Interstate Telep Co— 1st M 5s 1961 Knoxville Trac 1st 5s 1st M colltr 5%s 92 M 99% International Telep & Teleg— Deb g 4 Ms 1952 J&J Interstate Pub Serv 9 1st 5s *37.A&O 6s g 1997- -A&O Lackawanna & 1st 5s 1951 101M J&J15 International Railway (Buffalo)Buff Trac 1st 5s 1948 J&D Buff & Lock 1st g 5s 1938--J& J Internat Ry ref 5s '62 op.M&N Sec 7s 1952 i 93% 93% 43% 43 98 J&J Corp— u 6% 7o ecu uuuus 1955 »«r % sec bonds ser Sec 7s 1957&ser E— - 60 101 102 Edison El 111 Blkyn 4s '39.J&J 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 99 1957M&S Deb 6s 1957 Debentures 6s 1955 International Power Sec 97% Purch money Debentures J&D / International Hydro-Elec System Debs A 6s 1948 Conv deb 6s 1944 w w M&N —J&J -105 101 % 103 % 103 A_ A&O Los Angeles Railway Corp-1st & ref s f g 58 1940 J&D Los Angeles Ry 5s 1938-_A&0 70 _ 21 - 96 Certificates of deposit Internat'l Pow Ltd 6 Ms 71% . Kewanee(Ill)Pub Ser 6s A '49 J&J Key West Electric 5s 1956.-F&A Keystone Pub Serv— 1945 Conv dob g 5 %s '52 ser 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 95 12 2 104 Cons mtge 76 79% 6 J&D 1948 A&O Interborough Rapid Transit— 1st & ref g 5s '66 op tax-ex. J&J f 7s 1935 Inland Telep 1st 6s 6% notes 1932 Certificates of deposit Jer City Hob & Pat—See P S Co Johnstown Traction 4s Dec *31'< Keystone Telephone Co-— 1st & ref 5%s 1955 ser A—J&D 1st 1 & ref 6s 1951 ser B—A&O 75% Sinking fund deb 7s 1938-F&A Inland Pow & L s f 6s '36 A.M&S Colltr 8 f 6s 1941 ser B M&N Coll tr 6s 1957 ser O— A&O Secured g 6s 101% 101% _ 1st M 5s 1978 94 78 M . s 100% 1st & ref 5%s 1950 J&J 100% 1st & ref 5%s July 1 '50-M&N 93 Deb 6s 1950 ser A M&N Isarco Hydro-Elec Co (Italy)— 69% 1st M s f 7s 1952— M&N Island Gas & Electric— 67 25-yr s f 5%s 1953 ser A—M&S Italian Superpower Corp— 58% Deb 6s 63 (without warr)_J&J 101% Jackson Gas 1st 5s 1937 A&O Jacksonv (Fla) Gas— 55 5s stamped 1942 8% Income deb 6s ser A 1952 M&N / James River Bridge Corp— 38 1st sink fund 6%s 1958---J&J / % Deb gs 7s 1943 J&D / 105 Jamest'n (NY) Telep 5s 1954 J&D Jersey Central Pow & Lt Corp—. 103% 1st & ref 5s 1947 ser B F&A 104% 1st M 4%s 1961 ser C J&D > 3s B Dec 31 1962— Joplin W W 1st 5s 1957 M&S Kanawha Val Tr 1st M 5s *46 J&J f 102% 96 Kansas City Gas 1st 5s '46--F&A 113 1st 6s series A 1942 F&A 102 Kansas City Clay Co & St Joseph 7 Ry 1st 5s 1941 M&S / 45% 106 Kan City Pub Serv 3s 1951—J&J 100% KansaS Elec Pow 6s 1937-_J&D 95 100 1st mtge 3%s ser A 1966-J&D Kansas Gas & Electric— < 119 105 Deb gold 6s 2022 ser A—M&S 104% 1st mtge 4%s 1980J&D 100% Kansas Pow 1st 5s 1947-.-M&S 93 Kansas Power & Light Co— 1st mtge 4%s 1965 M&N 106% Kentucky El Pr lsts f 6sl960J&J / 88 Kentucky Fuel Gas Corp— 14% 94 1st 6%s 1942 with warr—J&D f Kentucky-Ohio Gas 2s 1958 / 35 106% Kentucky Power & Light Co— 96 120 1st m 5%s 1948 ser B——M&S Kentucky Traction & Terminal— / 93 1st & ref gu 5s *51 opt '14 F&A 107 71% Lexington Ry 1st 5s 1949-J&D 72% Kentucky Utilities Co— 103% 1st M 6%s Sept '48 ser D M&S 26 1st M 5%s 1955 ser F A&O 100 91 100 1st M 5s 1961 series G F&A 91 5s series H 1961 F&A 90 £ 82 1st M 5s 1969 ser I F&A 1st 7s series J 1957 105„ 76% 100% 1st 6s series K 1957 M&S 105 M&N 105% Keokuk Elec 6s 1945 98% 67 104% 102% 99 J&J F&A Secured 5s 1958 Deb Long Island Lighting— _ A M&N 1957—F&A 1st & ref 5s 1955 M&S Indiana Pr 1st 7%s '41 A _M&N Indiana Ry & Lt 1st 5s '43 J&J 1st mtge 5s 1958 ser Indiana & Mich El 5s _ 104% 107 M 104 Bid Bonds Ask „ 1st M6^s 1953 series B—F&A 1st M 5s 1951 series O M&S Indiana Gas Utilities 5s 1946.J&J _ Bid Bonds and income and defaulted bonds month preceding the date of Issue ; Iowa Southern Utilities— 1st mtge 3%s 1966— J&D Houston Natural Gas Corp— 1st PUBLIC UTILITY BONDS NOTICE—All bond prices are "and interest" except where marked "f" Quotations for all securities are as near as possible for the closing day of the " k Last sale, n Nominal. 02% 107 101% < 105% .( j: 3! ; • ■W: , UTILITY BONDS: PUBLIC "-T„f - Bid Bonds 92 Missouri Edison 1st 5 Ms *47 J&D Missouri Gas & Elec 6s A '44 M&S / 77 1st & ref 5s ser B 1957 J&J / 63 77 1st 4-5s 1956—. ...A&O Missouri Power & Light— 1st M4Hs 1958ser B M&N r 1032* 97 1st mtge 3 Ms 1966 J&D Missouri Public Service Co— First mtge 5s 1947 ser A..F&A 86 1st s f 5s 1960 F&A Missouri Riv Sioux City Bdge— M&S Mobile Bay Bridge 7s 1951 .J&J 2d sinking fund 7s 1951—J&J Mobile Gas Service Corp— 1st 5s 1956 A&O / •H 94 78M 1st cum inc 9s ser A Income 7s 1956 *56—A&O 1 A&O / Monongahela Light & Pow Co— 1st M 5s 1949 J&D Monongahela Valley Water— 1st M 5Ms 1950 series A..J&J Monongahela West Penn Pub Ser 1st & gen mtge 4 Ms 1960-A&O Debenture 6s 1965 A&O Mont Cities Gas 7s A 1937.-M&N Montana-Dakota Power— Ext 1st 5Ms-6Ms 1944 J&J Montana Power— 1st & ref mtge 3 Ms 1966--J&D Montreal Isl Pow 5Ms 1957 M&N Montreal Lt Ht & Pow Consol— 3% conv deb 1939 J&J 1st & coll s f 3Ms 1956----F&A Montreal Tramways— 1st & ref g 5s 1941 opt J&J Gen & ref 5s 1955 series A. A&O Gen & ref 5s 1955 ser B A&O Gen&refsf4Ms '55ser O A&O Gen & ref 5s 1955 ser D.A&O Morgantown Water 5s 1965--J&J Mount Hope Bridge 5s 1969-J&D ■ W , 2d income 8s Dec 98" 89 , 93 M 45 • 48 101M 103 1952 _ 60 40 58 M 60 94 96 .... .... 102 M 105 100 M 102M 97 M 982* 942* 104 502* 98 M 102 78 78 74 78 105 73 18 104 106 102 74" 72 Narrangansett Elec Co— 100M 1002* 91" 87 108 M 107 97 J&J Nassau El RR—See Bklyn Queens Nassau & Suff Ltge 5s 1945--F&A 99 1042* 4 Nat Elec Pow Co deb 5s 1978 J&J / Nat Gas & El Corp 5s 1953.F&A 97"" Nat Lt Heat & Pow 7s 1938-M&S 97 Nat Lt & Pow 6s 1949—M&N 100 Nat Pow & L deb 6s 2026 A_F&A 88 M Deb 5s 2030 ser B M&N 106 M 4M 95 100 15 Deb g 5s 1947 Conv deb 5s 1948 49 48 North Penn Gas Co— 1st M & lien 5Ms 1957—M&N 76 M 75 M J&D M&N 111" 121 94M 102 New Engl Pow Assn 5s 1948-A&0 Deb 5 Ms 1954 J&D New England Power— 3 Ms series A 1961——M&N New England Tel & Tel— 1st 5s 1952 series A ...J&D 1st 4 Ms 1961 ser B M&N Newfoundland Light & Power— 5 Ms 1971 —J&J 1st s f 4 Ms 1956 J&J New Haven Water— 1st & ref 4 Ms A 1957—J&D 1st & ref 4Mb B 1970 A&O 1st & ref 4Ms O 1981 M&S 4Ms 1983 M&N N J & Hud Riv Ry & Ferry— 1st gold 4s 1950 M&S N J Pow & Lt 1st 4Ms '60-A&O New Jersey Water Co— 1st mtge 5s 1950 F&A New Mex Gas conv 5s 1951 M&N 1 ZZK 76 Public 1st s f 5s 1943 J&J New Orleans City RR 5s 1943 New Orleans Pub Service Co— 1st & ref 5s 1952 series A—A&O 1st & ref 5s 1955 series B.. J&D 5s stamped 1942 ....Inc 6s Nov 1949 ser A—J&D 119 119M 1182* 119 105M 75 77 1052* 113 114 105 M 1052* 102 104 99M . §6M 82 108 103 M 104 M 102 104 M 106 106 M Elevated •105 M 106 M (Norway)— M&N (Chic)— 1st mtge 5s 1941 opt M&S / / Certificates of deposit Union El (Loop) 5s g *45.-A&O / 78 48 M 47 f 5Ms s / This price includes accrued interest, 107 M 42 M&S / Pacific Power & Light Co— 1st M 5s 1955 F&A ■ . 104 41 1 104M - 15* 14 20 22 18 20 90 85 M 86 M 85M 86 M 99 99 M 1072* k Last sale, n 682* 87 89 & 1132* 1032* 1142* 1042* 23 M 25 M 82 M 83 M m 100M 100M 117 J&J 104 M Corp Co 1st extended 6 Ms 1950--M&N /• 93 M 1964 — 1042* 1012* 97 2* 102 .... Elec consol gold 5s 1949 M&S Paterson & State Line Traction 5s 97 1162* 99 Gas 108 89 1152* 104M 1002* 97 M -J&D f- mmmm ' \ SR Paterson Ry—See Pub Serv Pecos Valley Power & Light 6s 1950-M&N / Penn Central Light & Power Go— 1st & ref 4 Ms 1977 M&N 1979—-——, M&N Penn-Jersey Water 1st coll 52*(s 1960——F&A 1st 5s Penn-Ohio Ed:ison ex-w.M&N F&A 1st & ref 5s series D 1954 .J&D Electric Co. 1st & ref 48 1971 ser F 1st & ref 5s ser H 1962 M&N A&O Pennsylvania Gas & Elec Corp— Deb gold 6s 1976 ser A.-M&S Pennsylvania Gas & Elec Co— 1st 1 &ref 5M8 '55 ser A—M&S 1st L&Ry 5s 1958 M&S Deb 6s 1940 J&D Pennsylvania Pow & Light Co— 1st M 4Ms 1981 A&O Nominal, 40 liH 992* 1042* 100 *22^ 99 104 105M 97 Co— Deb g 6s 1950 ser A Deb 5 Ms 1959 ser B Pennsylvania 89 672* 100 Penn Pub S 1st 6s ser O *47-M&N 14 M 1042* Parr Shoals Pow 5s 1952-.-A&O Passaic & Newark El Traction— Passaic mmmm 102 107 M 87 M Teleph & Telegraph— & ^mmmm' 96 Pac Ltg Corp deb 4Ms 1945-A&O Pacific Northwest Pub Serv— - mmmm 102 Los Angeles Pacific RR— 1st & ref mtge 5s 1943-M&S Pacific Gas & Electric Co— 1st & ref M 6s 1941 ser B-J&D 1950 - 102 A&O 105 & Basis. 105 J&D Los Angeles Pacific Co— 1st ref g 4s 1950 opt '15—J&J Conv deb 6s 90 f 1970. Non-cum inc deb 69 h mmmm 89 Otter Tail Power Co (Minn)— 1st mtge 4s 1961 J&J Ozark Power & Water Co— Paterson 30 63 M 113 101M M&S s Ottawa Trac 1st 5 Ms July'55 Ottawa Valley Power Co— 5s 1937 76 M 88 45 Ref & colltr 5s 1957 ser A.A&O - 28 85 1122* Ref mtge 3 2*s ser B 1966 A&O Ref mtge 3 Ms ser O 1966-J&D 105 M 71 112 '16-M&N Extl sink fund 5s 1963 Pacific 101 30 M 11* Ontario Transmission Co Ltd— 1st & ref M 4s ser G 1964.-J&D 1st & ref M 3 2*s ser H '61 J&D 117 103 N'western Teleg 1st 4Ms-'44. J&J J&J 99 52 1072* 122 822* 107 t Called April 5 at 106M* 106 M 93 62 1942—-J&J Refunding 5s 1961 M&S 99M f 103 :.72mm & Br 1st s f 6s 1947—— A&O Omaha & Council Bluffs St Ry— 1st 4s 1947 J&J Ontario Pow 5s '43 op to '13-F&A Pacific Elec Ry g 5s 982* J&J / 99" 92 Bluffs Ry 60 107M Northwest Louisiana Gas— 1st M 6Ms 1936 with warr.J&D Northwestern Electric— 1st 6s stamped 1945 Coun 56 952* f g 5s 1940 opt Utilities Co— 102 M F&A A 1st sf 5s 1952 M&S Pacific Coast Power 5s 1940-M&S 952* s 92 103 M - 1st lien 4-6s 1968 M&N S f reg income 3-6 M8 May 1 *69 N'west Cities Gas 6s 1949 J&J 93 102M - & 1st M 95M 105M 98 M 98 M 88 • .... 105 103M Newp News & Old Pt Ry & El 1st g 5s Nov 11938 M&N 103 1032* 101M 105 / Certificates of deposit Northwestern Light & Power 6s Series B 1950 F&A Northwestern Power Co Ltd— 1st M s f conv 6s *60 ser A.J&J * / Certificates of deposit Northwestern Pub Serv Co— 1st M 5s ser A 1957 J&J —— Newport & Fall River St Ry— 4MB 1954 -—J&J Newport Gas Lt 5s A 1961—J&D Newp News & Hamp Ry G & E — 105M Northern States Power Co— 1st & ref M 3 Ms 1967--F&A Northern Texas Elec Co— Northwestern / 85 105 M ser mmm 982* Orange & Pas Val R—See PS Corp / Oregon Elec Ry 5s *33 opt. _M&N Oregon-Washington Water Serv— 1st M 5s 1957 ser A J&D 104M 1042* Coll tr 114 98 102 M A-..J&D .A&O 1st & ref 5s 1956 1st & ref 5s 1962 Northern 105 112 113 113 972* 962* ser 99 M Northern Okla Gas 1st 5s '46-J&J Northern Penna Power Co— m 72" 98 M M&N 97M 100 1UM 109M 1052* 108 97 M 1st 5s series B 1949 F5&A Oklahoma Ry 1st & ref 5s '41 _ J&J Income 5s 1990 Old Dominion Pow 5s May 15 '51 Omaha t9lH 99 99 M 104 M 103 M 1st M 5s 1948 107M 107 1072* ISM 102M 105 M 982* 93 Conv deb 5s 1946 1022* 103 M mmmm Oklahoma Power & Water 11 Service— 1st lien & ref 5Ms ser D 106M 103 M 1112* f 1st mtge 32*s 1966 J&D Debentures 4s 1946 ...J&D Oklahoma Natural Gas— 1st mtge 4Ms ser A 1951-M&N 112 99 1st & ref M 4Ms 1970 ser E J&D Northern N Y Utilities Inc— 1st M &ref 5s 1963 J&J 1st lien & ref 7s 1946 A M&N 1st lien & ref 6s 1947 B._.M&N 1st lien & ref 6s 1943 O—.M&N K' 1032* 98 M 982* Oklahoma Gas & Electric— Ottawa L H & Power— '49J&D New Orleans City & Lake— Northeastern 103 110M F&A 1092* 104M M&S 1062* 1st & ref 5 Ms ser E 1961 M&N 100M Ohio River Bridge & Ferry 5s-'42 / 40 Ohio Term (Cleve) 6s 1947- -J&D Ohio Val Elec Ry 1st M 5s '46J&D Ohio Valley Gas Corp— 90 1st 6 Ms 1943 (with warr)—J&J 82 7 Ms 1938 107 Ohio Valley Water 5s 1954. --J&J 97 M Ohio Water Serv 5s A 1958.F&A Oslo Gas & El Works 1st lien & ref 5s 1955 ser E_ J&D Watertown L & P 5s 1959-J&J 76 98 101 —J&J 982* 1022* 104M 1st & ref g 5s '40 op '20-—A&O North Shore Gas Co of Illinois Joint 1st mtge 4s ser A '42-J&J 98 M v, 69 M &^1 6s '52—M&N Northern lnd Pub Serv— 1st & ref 5s 1966 ser O M&N 1st & ref 5s 1969 ser D M&S 97" 104 108 84M 5 Ms ctfs of deposit 1961.-J&J / 75M Convertible deb 5s 1962—-J&J 105 M 622* North Shore Electric Co— 104 M 101M M&S Conv deb 5s 1950 1st & ref 5s 1944 —J&J Ms 1956 106 ■I1 90 120M 1 st & ref 581954 serD 1072* North lnd Gas 1939 New Mexico Power— 1st mtge 5s 1958 S f deb 5 96 M 106M 1st & ref 6s 1953 series O-M&S 1st gu g 5s '45 opt bef Deb 5Ms 1963 ser B—F&A15 Deb 5s Nov 15 '69 ser O M&N15 Nor Amer Gas & El 6s 1944 North Amer Light & Power Co— 99 101 90 117 117 Newcastle (City of)"WsY'YlJ&D New England G & E Association 103 103 98 I 109"" 101 _ A_A&O 1st M & ref 7 Ms '46 ser 1st & ref 7s 1947 ser B mwrnmm 86 Pow 1st & ref 5s 1952 B J&J 1st & ref 4Mb 1956 ser D.J&D Deb g 6s 2024-—J&D Ohio Public Service Co— 1052* 1012* North American Edison Co— Conv deb 5s 1957 ser A--M&S North Carolina Gas 6s 1948 North Central Gas 5 Ms 1955 A&O North Continent Utilities Corp— 1st coll & ref 5Ms '48 ser A_ J&J North Hudson Lt H & P Co— GELH&P Newark Gas 6s Apr 1 1944—Q-J Newark Cons Gas con 5s *48.J&D New Brunswick (NJ) Lt H & Pow Ohio Lighting— (Hoboken, N J) 5s 1938-A&0 Nat Public Service Corp— Debenture gold 5s 1978—F&A / 47 M / 472* Certificates of deposit 14 M Nat Toll Bridge 6s stmp *39-J&J 107 M Nebraska Pow 1st 4Ms 1981.J&D 116M Deb 6s 2022 M&S 92 M Nev Calif Elec 1st 5s 1956—A&O 100 Deb 6s July 1941 J&J New Amsterdam Gas—See N Y 117M 112 1062* A—M&N 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 6M8 1953 J&J Norf & Ports Bdge 6Ms '47—F&A North American Co.— Deb 5s 1961 F&A J&J Corp—. 1st mtge 32*s 1972 Ohio Elec Pow 1st M 5s '57 -J&D Ohio L & Pow 1st 5s 1944--M&N N. Y. & Richmond Gas Co— 95M Cons g 5s 1953 opt 1908 Ref & ext gold 5s 1958- Water 98 1st M coll tr 5 Ms '53 ser A. J&J Ohio Edison 1st & con 4s '65 M&N III* 103 N Y State El & Gas Corp-*^ 97 X 1st mtge 4s 1965 —F&A 102 2* 1st M 4 Ms 1980 942* M&S 103 2* 105 1st 4Mb 1960 M&S 1st M 5Mb 1962..*—..A&O X 106 x 111 50M 1st M 6s 1952 J&J 992* New York State Rys— 1st con g 4Ms '62 op '13--M&N 102* 103 Certificates of deposit 79 1st con 6 Ms 1962 M&N 79 Certificates of deposit ,102* 108 75 N Y Steam 6s 1947— M&N 1062* 79 1st M 5s 1951 M&N 106 M 1st M 5s 1956 .M&N 1072* 74 M N Y Tel 1st 4 Ms '39 tax ex.M&N 20 N Y Water Service Corp— 952* 1st M 5s 1951 ser A M&N 93 M 105 / ii?S , N Y & Westchester J&J ' 1st M s f 4s 1957 Oberpfalz Elec 7s 1946 J&D / 17M Ocean City Coastal Highw Bdge— 6M8 w th stock 194i -J&D f 38 108M Ogden Gas 5s 1945 M&N 100 Ohio Assoc Telep 4 Ms 1966-J&D 97 M Ohio Cent Telep 1st 6s '47—J&J Ohio Cities 5s '44—J&J J&J NY&Westch Ltg 4s 2004—J&J Deb g 5s 1954 op guar.-J&J N Y Power & Light Corp— 1052* 1st mtge 4Mb 1967 A&O N Y & Queens Elec Lt & Pow— 102 M 1st & cons M 3 Ms 1965—M&N New York Rys Corp— Prior lien 6s stpd 1958—-J&J 1052* k 582* Ad| income 6s Jan 1 1965-.Apr 4u Bleeck St & F F 1st 4s '50-J&J 1 f 9 Bway & 7th Ave 5s 1943 1st M 6s 1938 series B J&J Muncie Wat Works 5s 1965.M&N 3 Ms 1966 1002* NY & ER Gas 1st g Con 5s 1945 See N Y Gas Elec Lt & Pow Nashville Gas & Heating Co— 1st M gold 5s 1937 guar—M&N 5s 1937 (not guar) M&N Nashville Railway & Light— 99 K 1st g 5s Dec. 1 1948—J&D Pur mon coll tr 4s 1949—F&A Ed El 111 N Y con g 5s '95 J&J 93 M J&D Co— _—J&D . Ask Ltd 1st ref 6-7s ser A 1949 Nova Scotia Light & Power 1(4 1st 1 & ref 3 Ms ser D 1965. A&O 1st Uen & re* 3 Ms ser E'66 A&O N Y Gas Elec L H & P Co— 94 M Dap IV I,: Bid Northwestern Utilities, Y & East River Gas—See N Y G E L H & P— 1st ref M 6s 1951 ser Municipal Serv coll 6s 1956-F&A / Mut Fuel Gas-See Peoples GL&C V J&J 58 92 M 4k 77 ; Bonds 85 New Amster Gas 5s 1948-.J&J 70 Mutual Un Tel—See West Un Tel P£ 101 85 Mountain States Power Co— 1st & ref 5s 1938 J&J 1st mtge : . _ 93 M 101 Mount Vernon Tel 6s 1949—J& J '■ 98 83 83 103 X New York Edison Co— 80 118 / 15 1969 Newport Water 5s 1953 Mew Rochelle Wat 5 Ms *51-M&N 1st 5s series B 1951 M&N M Y Cent Elec 1st 5Ms '50.M&S 1st 53 '37-.J&D Cons g 5s1941 M&S MonmoutnCons Wat** *56.J&D Mob Lt & RR 1st g 5s 2* ' Ask N 91 1st s f 6s 1953 Bid Bonds Ask v >2* ; 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 r Called May 1 at 103. 100 1072* 1052* 1082* 952* 96 M 103 M 102 M 94 98 106 95 99 96 M 102M 103 M 1052* 1052* 98 95 96 103 104 108M 105 M 106"- PUBLIC 78 NOTICE—All bond Quotations for all Bid Bonds Penn Wat Serv 5s ser a A ... 91 92 3 3 wytoa w A' uvji VJ Peoplo's G L & v• • . 102 - 5s 1947—M< 1981 ser J, B 3 J > I I Peoples Light & Power Corp— / Jf (Butler, Pa)— J* Peoples Tract—See Phlta R T Peoples Water Service (Md)— 1st lien 6s A 1949 w w F<! Peoples Telep 1960.1. Peoria Water Works Co— 101 163 101 98 1950 Company— i5I" 43 104* 99* : 38 42 36 40 37 42 35 38 1110 * 1st *&~ref 4s 197T- —— I 3*sl967—B Elec Power Co5*s 1972 I 1st & ref mtge Philadelphia lst mtge Phi la & Garretsford 1st 5s 1955 1st 1()4~24 U02.K 100* 102.24 108* 108* St Ry— I 1st 4 Ms 1936 Hest Mantua & St R J& Fairm 5Ms'39 Elev Pass Ry Market Street 1st g gu 4s 1955 Union Elec & Peo 4s tr ctfs '45 _A&0 65 86* 40 70 66 / Hydro-El Co (Italy)— 1960 ser A A&O 1st &ref s r6Ms 1959.M&S Pitts Canonsburg & Wash 5s 1937 Pittsburgh Rys—See Phila Co Pittsburgh Suburban Water Serv 1st 1 & ref 5s 1958 M&S Plainfield St Ry 6s 1942 J&J Plainfleld-Un Wat 5s A '61.M&M Pinellas Wat Co 5*s 101* 102* 15M 16* 105* 104* 16 70* 73 95 97* 102* 97 106 101 Co— 1st mtge 5s 1956 ser E— M&N 1st M 4 Ms 1961 series F—A&O J&J Power Corp of Canada Ltd— Conv deb 4Mb 1959 Ser B.M&S 19* of Colorado 1953 series A.M&S *54 ser B..M&S 1st & ref 6s ser C 1961--M&N Deb 6s 1946 -M&N Pub Ser of Indiana 6s 1952.F&A 1st & ref 5Ms Public Service Corp Trust certs 6% Camden Sub of N J— perpet—M&N 1st 5s 1946-J&J Consolidated Traction— Extended 5s 1938 J&D Eliz Plalnf & Cent Jersey Ry— 1st g 5s Dec 1, 1950--J&J Eliz & Raritan Riv 5s '54-M&N Elizabeth & Trent 5s '62.A&0 J O Hob & Pat 4s 1949--M&N Orange & Passaic Valley— 1st 5s 1938 J&D Paterson Ry— 2d 68 *14 ext 5% to '44.A&O El & Trac— March 1.1953.M&S of N H— 1st mtge 3 Ms ser O 1960—F&A 1st mtge 3 Ms ser D '60--M&N 1st 3 Ms 1961 —F&A 1st 3 Ms series F 1966— Public Service Co of Nor 111— 1st & ref g 5s 1956 op '21-A&0 1st & ref os 1966 series O.M&N 1st & ref 4Ms 1978 ser D.M&N 1st & ref 4Ms 1980 ser E.J&J 1st & ref 4 Ms 1981 ser F.A&O 1st 1 & ref M 4M ser I '60-J&J So Jeisey Gas Guar g 5s Public Service Co ♦ interest, k Last sale, 82* Wat Serv 104* 1st mtge 4s 1966 —J&J Sioux City Serv 6s 1951-----J&J 105* Somerset Lighting 5s lst mtge 101* South Pittsburgh Water Co— 1st lien & ref 5s 1960 ser A. J&J / 19* 19* 19* 19* 28 South Jer G E & T—See Pub 22 1st lien & ref 5s 1960 ser B_ J&J 1st M 5s 1955 22 So Texas Southeastern Gas & Water Go 105 101* 89* 88 102* , —— 90 105* 88 89* 89 Deb g 5s 1953 M&S Rochester Gas & Elec Corp— 115 108* M&S 63* 34 37 104 Rumford Falls Pow— Gen M 4 Ms May 1948—M&N 1st s f 4s Oct 1945 A&O Safe Harbor Water Pow Corp— f 4Ms 1979 J&D Saguenay Elec 5Ms A 1953.J&J Saguenay Power 4 Ms A 1966 A&O 1st 4*s series B 1966 A&O St Clair County (111) Gas & El 1st cons guar 5s 1959 M&S St Joseph Gas—1st 5s 1937-J&J St Joseph Ry, Lt Heat & Power 1st g 5s Nov 1, 1937 -M&N 1st mtge s St Joseph Water 4s A 1966—A&O St Louis Co Gas 1st 5s 1951-A&O St Louis 77* Springf & Peoria RR— 1st & ref gu g 5s *39 opt.-J&D 65* Paul Gas Light— Gen gold 5s 1944—— M&S Gen & ref 6s 1952——J&J v 107 107* 106* 106 107 100 101 100* ! 100* s s 100* 1st ms „ 113 116 99 97 109' 103* 106 101 1st mtge 3 Ms ser A 1961—J&D S inta Barb Tel 3 Ms ser C66 J&J 103* £ luda Falls Co Ltd— 1st s f 5s 1955 ser A 109* S £ Francisco Jose Water Works 100 A&O 99 83 86 109* 3 76"" 74* Q-Jan 1955-M&S Savannah Elec Co 5s g '52-J&J s ayre (Pa) Elec 5s 1947A&O S chenectady Ry 1st 5s Mar 1, '46 eioto Val Ry & Pr 1st 6s *43-J&D £ cranton Elec 5s '37 opt '12-J&J 97* 99 1st & ref M 5s ser F S S 94 sranton Gas & ■ .... 107 IIII 101 102* 102* 101* 1st M g 5s 1939 opt 104 104* 101* 103 S 103* 102* S S'west Pub Serv 6Ms Southwest Telep 6s B ser 1947-M&S 5s 1944- 1914—M&S Ref g 5s M&S 1949 opt 1914—A&O —J&D J&D 6% g notes 1935 Certificates of deposit Debenture 6s 1951 Debenture 6s 1966 100M 75 76 91 93 17 66 66 68*# 17 M 108 f 68 21 110 79 107 105 99 M 104 54 106"" 100 * 105 M 56 65 120 108M 109* 89M 89M 90* „ F&A J&D 91 89 M 89 89 91 89M 9JM §8 M 100* M&N 15 Conv deb 6s 1938 98* 106 Standard Telephone Co— 1st 1 coll tr 5 Ms '43 ser A-M&N 101 102 103* 105 1 A&O / \J X, 86 M 69 71 67 70 78 80 Stark Elec RR see RR A&O / 77* 38 §5"' Stettin Pub Util 7s 1946 39 Steubenville Wellsburg & Weirton 85 87 Ry 1st 5s 1951 104. lstsfg5s Apr 1952 A&O j£&0 1938-F&A iper-Power Co. of 111— 1st 4Mb 1968 M&S 55 __ 103 1st M 4Ms 1970 18 M 48 50 Riv Vail lburban Lt & Pow 6s 103* 102 100M 104* 86 98* 103 M 6% conv notes 1935 J&J Certificates of deposit Standard Power & L Corp— Deb g 6s 1957— F&A Standard Public Service Corp— 1 1st lien 6s series A 1948 F&A. 1st lien 6s 1948 ser B J&D 104* ■% 103 mm mm 22 103 97 97 M 1937--M&Sl/ A 1932 Jf 78#§ 93 95 101M 102* f 6s 1945 ser A Stewart Mt Pr—See Salt 1st 102 s 1st 6s series O 1947 S 111 1st M X" 99 Southwestern Light & Pow Co— 1st M 5s 1957 ser A—F&A 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 39 A&O 3 Springfield (Mo) Gas & Elec Co 1st mtge 5s 1957 ser A J&D 129 Springfield (Mass) St Ry— Ref & gen 6s 1940——M&S 101 Springfield Terminal Ry 7s 1942 Stamford Water 1st 5s 1952..J&J 104 Stand Elec (Calif) 1st 5s '39.M&S UOH Standard Gas & Elec of Delware, 95 s -M&N 1937-1945—M&N 98* 82M 120 38 38 — Ser deb 4s A 93 37 37 97 M 108 107 99* 100 r lattle Lighting Co— 1 109* 103* 20 80 1958. M&S 2ranton-Spg Brook Water Serv1st & rer 5s 1967 set A—F&A Income 3s 1959 1, 1960-M&S Southwest Gas Co (Okla)— 1st sf 6s 1954 M&N,. 105 1st 4Ms 4s series B 1959 1st M 5Ms May 76 Southwestern Assoc Telep Co4— 1st M 5s 1961 .—A&O J&J Southwestern States Telep Co— 1st M 6s 1948 -M&S 101 106 110 104 s 107 64M deposit 99 100 105 109 Water Co— 5s1961-.. 117* 91 A&O 1st & refine 5 Ms ser 11*45 A&O Southwestern Public Service Co— 10 1st & ref 4s 1947 ser D 97* Union Gas— 1st & ref 5 Ms series 11945 Conv deb 106* in -i— 119" Southern 101 103 s 129* 98M F&A Southwestern Power & Light— Deb g 6s 2022 series A M&S 101* 102M 102* £ 109 91 1st M 5s 1957 ser B 111 105* 129 104* 101 Southwestern Gas & Elec Co— 110 105* 100 104 Southwestern Bell Telep— 1st & ref M 3 Ms ser B '64-J&D 100* m! 105* 1st 4s series D 1960 99* si 104* f 6 Ms 1939 ser A.M&S Southern Natural Gas Corp- 97 100.24 U 94 103M s 92 105 101* J&J (Calif)— Southern Utah Power Co— 104* 104* 50 M i*&0 116 105* M&N f 5s 1955 A&O 113 104* 106* 18 an 104 103 102* 104 Bay Toll Bridge— f 37 1st M sink fund 6Ms '57-M&N i Deb s f 7s 1942 M&N r m Joaquin Lt & Power Corp— 128* Unif & ref 6s 1952 ser B-M&S J 105M 103 Southern Colorado Power Co 1st M 104* 105 A&O 1st lien & coll 5s 1958 ; 101* 101M 93 M 103 106 Angelo Telep 1st 5s 1958 F&A an Antonio G & E 5s 1949.M&S an Antonio Public Service— 1st ref 6s 1952 series A J&J 1st & ref 5s 1958 ser B J&J in Antonio Tr 1st 5s '49--M&S m Diego Consol Gas & Elec— 1st mtge 4s May 1, 1965 105 105 101* 103* 98 102 an 34 M&S '65-F&A 10-year coll s f 6s 1942-..A&O Southern United Gas Co— 1st lien 6s 1937 with warr_A&0 99.24 M&N Refunding 6s 1956 1st & ref 4Ms 1961 1st M & ref 4s Aug 1 Calif Water— Certificates of Stewart Mt Pow 5Ms '57.A&O 103* Southern California Gas Co— 95 100M 101* South N E Telep 1st 5s 1948.J&D Southern Trac—See Phila Co 105" 101* F&A 6s 1938-1943-— 106* 103 104 1940 M&S 1945 M&S Ref mtge 3 Ms May 1, 1960 Refmtge3*sser B July 1 '60— Debenture 3 Ms Debenture 3 Ms Adj mtge inc Jan 1 6s '60-A&O 1st M pipe line s f 4 Ms '51 A&O Southern Neb Pow 5 Ms B'47 J&J 70 105* 110* 105* 103 97 J&Jl 79 90 108 105 M 1st M 4 Ms 1968 .M&N Southern Gas Utilities, Inc— 100* i06* 99* f 105 M&N „ 107 M Southern California Edison— 1st & ref mtge 4s 1960 M&S 93 99 Southern Cities Utilities Co— 65" 69 103 M 1st M 4 Ms 1960 Elec Lt & P 103 J&D 105 Rome (Ga) Ry & L 5s '46 A&O / 23 Ruhr Gas Corp 6Ms '53 A A&O 24* 67 1941 1st g 6s 1947 series A Southern Counties Gas 1st M conv 5s ctfs 1957-M&N Rockford Elec Co 1st 5s '39.M&S 1st M 5s 1938— 102 Southern Canada Pr Co Ltd— 100 f 4 100 104 V; x-w 1st M 5s 1955 sor A Ontario 1930 A&O 2d 5s g 1933 ctfs of dep. -J&D / Rochester & Syracuse RR— Roch Ry cons 5s g 93 102 M Southern 1977 ser D-M&S 75M J&D J&D S'eastern Indiana Pow 6s '43 M&N S'eastern P & L deb 6s 2025.M&S Southern Bell Telep & Teleglst s f g 5s 1941 opt 1916.-J&J 1st lien 6s 105 74 92 105 1st lien 6s 1944 102 97 102 M 102* -F&A Gas 6 Ms 1938 A.-M&S 21 103* Corp. Serv] 20* Service— 5s series E 1962 Rochester & Lake Water 5s 1938 J&J 19* 31 106 South Carolina Power Co— 17* A&O 96 M 101 105 Ltg— 4s Dec 1, 1943...J&D g / Riverside Trac—See Pub Ser Corp Roanoke G-L 5Ms 1951 F&A Roanoke Ry & El 5s 1953 F&A Roanoke W W 5s 1950 J&J Gen mtge 4Ms Mtge Union- 5s 1950 25 105 South Bay Consol Water— 1st ref 5s 1950 M&N South Coast Co—See Indust— (Ind) W W Cor 103 M Somerset Un & Middlessex 92 1st M 5s 1957 Richmond (S I) Lt & RR— 1st coll tr g 4s 1952Rio Grande Valley Gas Co- 103 98 101 85 1939—F&A 91 1st & ref 5s 1937 Richmond 103 M Co— 117 105 109 / / / / 102* 102 102 A—-M&S 102* 1st 5Ms ser B 1957—-—M&S Silesia Elec Corp s f 6Ms'46 -F&A fk 19 : 9 Ask 91M 1st & ref 5s 1960 ser 1st lien & ref 5s 1957 Extl deb 6s 1953 J<$ Rhine-Westphalia El Pr (Germ'. Mtge g 7s 1950-— M& Direct mtge 6s 1952..... Con mtge 6s 1953 Cons 6s 1955 7% sec notes 1936. Richland Public Shawinigan Water & Power Co 1 st M&col s f 4 Ms'67 ser A A&O 1st coll tr 4Mb f68 ser B.M&N 1st coll tr 4 Ms ser D '70-A&O 1st coll tr 4s ser F 1961—A&O Shenango Val Water 4s B'61 A&O Shinyetsu Elec Pow (Japan)— 1st sink fund 6 Ms 1952—_ J&D Shrevp't Bdge & Term 5s'55_F&A Shreveport Rys 1st 5s '36-44-J&J Sierra Pacific Power Co— 104 / 125 / 125 100* Republic Gas 6s A 1945 J& Certificates of deposit 3public Natural Gas 1st 6s 195-; Republic Service Corp— 1st coll trust 5s 1951 J& t 108 109M 108M „ M&S k 103 103 M 104** 104 t Called April 1 at ,110. n Nominal. Called April 1 at 105. 81. Bid Bonds Sioux City Gas & Elec 1st & ref 5s 1946 104* A 1957 1st & ref 6s 87 — 32 Potomac Edison Public Service Co. 89* Rome (N Y) Gas. 1st ref 5s 1946 Portland General Elec Co— 65* 1st & ref 4Ms 1960 M&S 106 1st M 5s exten to 1950 J&J 68* Portland (Me) RR 3Ms 1951-J&J 88 1st 1 & con m 5s 1945—M&N 100 Porto Rlcan Power 6s 1950-M&N 96 Porto Rlcan Rys Ltd 5s 1962M&N 102* Porto Rico Telop 6s 1944 J&D / 32* Postal Teleg & Cable 5s *53-J&J J&D Power Secur coll tr 6s '49.-J&D Providence Gas 4s ser B 1963 F&A Provincial L II & P 5s '46-M&S Prussian Elec 6s 1954 F&A 89* 86 104* Quebec Power Co- 22 6s 1947-J&J / 19 1953--M&N 103* Pt Henry L H & P 1st 5s '46.F&A / 23* Portland Elec Pow 6s 1950-M&S Portland (Ore) Gas & Coke— 77* 1st & rer g 5s '40 opt *20. _J&J 75* 1st l'n & gen 4 Ms 1940—J&J 103* Portland (Me) Gas L 5s A'50 A&O Conv deb 5s ser Puget Sound Power & Lightlet & ref 5Ms 1949 .J 1st & ref 5s 1950 ser O—W Rockland Light & Pow— Platte Valley Telep Pomerania Elec 6s Potomac El Pow— 1st mtge 3 Ms 1966 / ' - People's Traction Co— / 20 M P P Ry tr ctfs 4s '43-F&A 83 Union Traction 4s 1952.J&J Phila Subur-Counties Gas & Elec 105 M 1st & ref 4 Ms 1957 M&N Phila Suburban Water Co— 103 M 1st s f 4s 1965 M&S / 14* Phila &' Western Ry 5s 1960-J&J Piedmont 79* 78*i 69 1 1 99 97"* 36 M&N Traction— 62 84 M 99 & Ches Media Darby --— 88 100* 87 95 M J& 6s 1944 101M Rochester Central Power Corp— B 5s 1962 m r e 105 dl04.2^ Philadelphia Rapid Transit— Coll tr g 5s 1957 opt s f—I S f guar Corp, } Rhine-Ruhr 104* 37 1997 ctfs. United Trac 5s Public Utilities Consol 1st M 5 Ms 1948- A j 104* / 80 1st 5s 100M 99 M 105 104 Vi > i Duquesne Trac 24* 79* 75 . Ask 5MsA'53.J&D Conv g deb 5Ms '52 ser A. [ Debenture 4s Philadelphia 102.16 117 mm Bid 78* 92 r 5s 1948 con 94* [ i r 1st ---- 113* 93 , 100 > r 1st & ref 5s 1950 119* 78y» . 4s P Serv of Penn 1st 43 98 23^ J F&A 1st mtge 4s ser A 1966 Serial debs 4s Feb 1, 1946 96 119^i 112*i 92^I Wi 102 113^i 3 and income and defaulted bonds month preceding the date of issue Public Service Co or Oklahoma 96 : . —. Coke, Chicago1943 A<! lst cons g 6s Refunding gold 1st & ref 4s -- Bonds Ask 3/35 * BONDS UTILITY prices are "and interest" except where marked "f" securities are as near as possible for the closing day of the t Called April 10 at 102*. 5 Basis, d Called May 1 at 104M. / This price includes accrued APRIL, 1937] PUBLIC UTILITY 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 v Bid Bonds 10634 10734 12 A&O 1961 5s 109 7334 100 102 Bid Bonds United Rys of St Louis— Gen g 4s July 1 1934 120 127 M 107 M 39 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 Syrac 1st Ask 9834 gatter Butte Canal 634s '43-M&S Syracuse Gas g 5s 1940-----J&J Syracuse Lighting 5s g 1951-J&D 1st & ref 534s 1954 F&A 6s series B 1957 J&J 41 14 102 3234 J&J s f 534s ser Coll s f 534s ser B 3334 7934 8034 80] 813 91 94 A 1952—M&N 1952-M&N United Telep Del 6s A 1948 A&O United Tel & Tel 534s A '53.M&N 1st lien 6s ser B 1953-—-M&N United Traction (Albany)— 81' 87 101 - _ 96 UH x-A&O Terni Hydro Elec 634s 1953 _F&A Terre Haute Traction & Light— 68 10834 M g 5s 1944—-M&N Terre Haute W W Corp— 1st M 6s 1949 ser A —J&D 1st M 5s 1956 ser B F&A 9134 9734 78 70 109 _ '37 M&N Texarkana Wat 1st 5s '58--F&A Texas Cities Gas 1st 5s '48- -M&N Terre H'te & West Ry 5s Texas Consumers Water— 1st 6s A 1939—- 103 100 09 M 103 105 9034 92 -— 14 102 10034 105 _ A&O f Texas Elec Ry 5s 1947--,—-J&J f Tex Trac 1st 5s 1937 opt—J&J 1 11 1134 11 1134 Texas Electric Service Co— M&S 10534 9034 9. 6734 68 3834 10034 75 79 ' 9734 Tide Water Power 1st 5s 79.F&A 89 7834 107 75 117 Traction & Term'l Corp 5s '57J&J Trenton G & El g 5s 1949. _M&S Trent'n Pass Ry 1st ext 6s'61 A&O Trenton St Ry ext 5s 1968--J&J - 50 , 10 10234 434 Troy Gas Co 1st 5s 1939--M&N 105 2d Cs 1939 F&A 23 Street Ry—See N Y Rys Twin City Rapid Transit Co— 1st lien & ref 534s A 1952J&D 10434 8634 1st lien & ref 534s B 1952-J&J Twin States Gas & Electric—• 78 A.M&S Tyrol Hydro-Elec Pow Co—- 104 1st 1 & ref 534s 1945 Ser s f 9734 9134 M&N 7>4s 1955 Guar s f 7s l952 F&A UJlgawa Elec Power (Japan)— 1st M s f 7s 1945—-—M&S15 90 Union El Lt & Pow Co of St L— Gen 5s series A 1954 J&D Gen'l mtge 5s 1967 ser B.-F&A General 5s 1957 A&O 107 „ General 434s 1957 M&N Union Elec L & Pow of Illinois— 7934 10734 77 103 6 87 80 99 100 93 108 10534 10534 10634 10734 107 10434 Union Elev RR—See N W Elev Union Gas & El 1st ext 5s '40M&S 10034 106 Union Gas Co. of Canada— ' 1st serial 3 34s 1936-38 1st serial 4s 1939-42 J&D 99 J&D 1st serial 4 Ms 1943-45 J&D J&D 97 34 98 1st 4 34s 1950 Union Gas System— 1st M & coll s f 5s 1948—J&D Union Union Union Union —A&O A&O Pub Serv (Del) 6s '39-J&D Ry—See Third Ave Ry Traction—See Phila R T Water Service Co— First lien 5Ms '51 ser A-M&N Union Water Wks Co— 1st lien 534s 1942 M&S 15 93 Unit Elec Co of N J 4s '49-J&D 96 „Gen ref M 4s Jan 1951 ser B-Unlted Elec Serv (Italy)— s f 7s 1956 ser A-.J&D United Gas & Fuel (Hamilton)— 92 wExtl 1st 6834 1st s f 5Ms 1948 J&J United Ilium Co New Haven— „ w a: 1st 4s Feb 1 1940-- F&A 102 113" 10034 10134 10734 108 UnitedLt&Rys(Me)6s A'52 A&O 113 11334 81.34 - 8034 8734 8534 82 89 102 Amer Gas & Elec 10534 156 Amer Gas & Power 8234 77 78 8434 Amer States Pub Serv 107 10634 102 com 5 34 % preferred Amer States Utility com---- Preferred- - 25 25 24 95 Preferred $6 series American ——— Telep & Teleg Amer Utilities Service 110 t Called April 15 at 108. * 95" 98 100 9234 100 Arizona Edison 118 4134 Arkan & Mo Pow 7% pref New common 11534 — Appalachian El Pow 7% pref 6% preferred Corp Class A non-voting Preferred 79 10234 117 10734 104 108 11734 10934 6% preferred Associated Gas & Elec Common class A 6634 85 §5" 94 9434 * * * - 10934 * * _* 1 1 com Original preferred $4 preferred $5 preferred. preferred 34 preferred 87 preferred $8 int bear allot ctfs— 105 * * 10 100 6% preferred. Arkansas Pow & Lt $7 pref 77 10134 — * com Arkansas Natural Gas * * * * Option warrants Telep Co Ltd SI .25 pf—* Assoc 100 101 18 10334 10634 10034 9834 9834 8734 M&N .-M&N -J&J 9134 9334 93 9534 > .'I J&J loVO\ 5%to'4lM&N I-; Western United Gas & Elec Co— 1st 534s 1955 ser A J&D 1st 5s series B 1957—— M&S Western Utilities Corp— - —M&N 6% notes 1937 Westmoreland Water 1st 5s—1952 Westphalia United El Pr (Germ) 1st M s f 6s 1953 J&J oo 10234 105 10534 105 105 106 10334 104% 72 7334 102 B—F&AM&N O Williamsport Water Co 1st M 5s Aug 1952 ser A— -F&A Wilmington Ry Bridge 5s 1943 20, 18 / 10734 it——* v o Ro co —100 Bangor Hydro Elec com---- .25 7% piere.red -100 6% preferred 100 Baton Rouge Elec Co $0 pf _* Beauharnois Power com Bell Telephone (Canada) 10434 k Last sale, Nominal, * 734 165 125 25 Birmingham Elec $7 pref $6 preferredBirmingham Gas $6 pref * Birmingham Wat Wks 6% pf_100 76 72 22 65 — Blackstone Val Gas & El pref-100 Blue Ridge Corp 1 S3 conv preferred Boston Elevated Ry com. Brazilian Tr Lt & Pow ord Bridgeport Gas Light Bridgeport Hydraulic Co Brit Col Pow Corp A 100 -* * 20 * Class B— ♦ Broad River Power 7% pref--100 Brockton Gas Light Co v t C--25 Brooklyn Edison 100 Bklyn Manhat Transit--* $6 preferred series A ———* Bklyn & Queens Transit com * $6 preferred ♦ Brooklyn Union Gas * Buffalo Niagara & East Power— Class A—* $1.60 prior preferred 25 $5 lstpref—...—* — 98 n 2234 135 100 100 Telep of Pa 634 pref Beverly Gas & Elec - 10234 115 334 634 * t c Bell 156** 105 Telegraph- 9934 u* oYA Atlanta Gas Light 6% pref 100 Atlantic City Elec $6 pref--—* Bait Transit Co vtc 103 J&D 2534 Assoc Telep & Teleg $6 pref—_* $7 1st preferred 100 OIess A. Preferred 1946 /Flat price, * $6 1st preferred 90 92 99 * .-.-25 - Coll tr 5s 1938 6 Basis. _ com r:*No par value, 25 1 -25 ♦ * * 100 common. 6% preferred Amer Wat Whs & Elec / - - Amer Superpower Corp com First $6 preferred 24 A&O Wheeling (W Va) Electric Co— 1934 * Warrants-------.25 6% preferred25 Amer Powei & Light com * preferred. * preferred_* American Service $3 preferred- * - 10534 10534 Western Pow (Can) 5s 1949--J&J Western Public Service Co— 1st & ref 534s 1960 F&A ser * ... 75 109 — ser * - com American Light & Traction. 99 A&O Western Oont Util 6s 1944—M&S f. 11 Western Lt & Telep 5s 1954-A&0 103 1st M 5s 1956 * com preferred 105 f 634s '37 with war_J&D 1st M 5s 1960 * * * —* Warrants 10234 81 80. 75 64 M&S 1st M 5s 1941 opt M&N White Plains Ltg 1st 5s '38--J&J Wichita Water 6s 1949 M&S 9034 8934 * $7 preferred$7 second pref series A $6 cum pref West Va Water Service— 1st mtge 481961 Mut Un 6s e\t at 9534 100 1st $6 preferred J&J 1st M 334s ser I 1966 J&J West Penn Tr 1st 5s 1960—J&D West Phila Pass Ry— 1st ext 334s 1956 A&O 2d extended 1956-. M&N Union 9434 1 Amer Dis Tel of N J com Preferred Amer & Foreign Pow com 10334 1st 6s ser A w w 1950 J&J Conv deb 634s 1945 J&J West Coast Telep 5s A 1953.J&J Westchester Elec—See 3d Ave Ry Westchester Lt 1st g 5s '50--J&D Westchester Serv Corp 6s '48 A&O / West End St Ry—See Boston El West End Trac—See Phila Co 6 8934 10734 101 118 F&A 434 United Convcolltr 5Ms B I960---J&J United Rys Cos 4% ctfs '49-J&J United Railways of Havana— Eq 734s Feb 151936 F&A f . 1734 .. Wayne United Gas 634s '44. J&D / West Canadian Hydro-Elec— 1st M 5s 1951— 1st 5s series B 1950 105 118 * * * \llegheny Traction—See Phila Co Allentown Beth Gas pref 50 Amer Cities Pow & Light cl A 25 Class A opt div ser w w 25 99 1st Ms fg 5s 1940 J&J / f Certificates of deposit Water Service Cos 5s '42--M&S coup notes 93 48 10734 Alabama Water Service pref Class B ti 104 Pub Util Corp— Cobv coll tr 6s A 1960——J&J 10634 --.J&J J&J Washtenaw Gas 1st 5s 1953—J&J Waterloo Ced Falls & No Ry— s 107 .5 preferred 103 65 1st ref 5s 1939 op 1st & gen 5s 1960- West Penn Power— 1st M 5s 1963 series E 1st M 4s 1961 series H 7734 90 42 Alabama Power $7 pref Washington Water Power Co— West Ohio Gas 6s A 1954 West Penn Elec deb 5s 2030-A&0 / "6 preferred--——---—--- 17" / Western States Util 6s A '45.A&0 71 102 81 Deb 6s 1973 J&J Un Lt Rys (Del) deb 5 Ms. 52 F&A United Public Service Co— Coll tr 6s 1942 ser A A&O 63^8 1933 29 M 10234 1st M 5s 1955M&N 1st lien & ref 6s w w 1960-F&A Wash Ry & El g 4s 1951 J&D Anacost & Pot 5s 1949 A&O 1st guar 5s 1949 A&O 6s 1950. United Light & Power Co— Debg 634s 1974 M&N 1st 1 & consol 534s 1959 A&O 'Debg 6s 1975 —M&N _ 6134 105 Western 8434 6134 Virginian Power 1st 5s 1942. J&D Wabash Telephone— 1st M 434s A 1956— -J&J Warren Ohio Telep 6s 1942.M&N Wash 'n (D C) G L 5s 1960-M&N Refunding 5s 1958 J&J Washington Gas & El Co— 1st s f 534s 1947 F&A 1st M 534s 1953J&J 334% 10 11134 62 95 1st M 534s 1950 A— ser 11 6154 50 Western N Y Utilities 5s '46- J&D Western N Y Water Oo— United Elec Rys (Providence)— Gen ref M 5s Jan 1951 9 Yadkin River Pow 1st 5s *41 A&O Yonkers Ry—See Third Ave Ry York (Pa) Gas 1st 5s 1941-M&N York Haven Wat&P 1st 5s'51 J&D York Rys 1st Mg 5s '37 opt-J&D Western Mass Cos— _ n 106 Wyoming Vail P S 6s 1971--A&O / 95 1st 66 55 94 10034 Cum income 6s (w s) 1952-J&D 108 107 93 100 1948 2234 9934 PUBLIC UTILITY STKS. A 1955.M&N Utilities Co— 1st M 5s 1957 ser A West Virginia Gas Co— Union Passenger Railway— 1st 4s Mar 31 1961 2d ext 4s Mar 31 1960 107" 1st & ref 5s 1950 ser B_—.J&D 1st & ref 6s ser O 1952 M&S Deb s f 6s 1946 F&A g . , West Texas 9934 90 12034 94 City & Sub 5s . 55 -J&J / 434s 1943 107 10134 106 27 Watert'n L&P—See No N Y Util. Waukesha Gas & Electric Co1st 5s 1959 J&J 10534 J&J 1st g 534s 1954 ser A 91 70 J&D 1941 Tri-County Telep 43ss B '56 A&O Troy City Ry 1st cons 5s '42 A&O M 9834 (Japan)—_ 1st s f 7s 1955 ser A M&S15 Tokyo Elec Light Co (Japan)— 1st g 6s 1953 scries J&D 15 Toledo Prison 5s 1962 M&N 1st 110 ser f g 107 }Of 97, Worcester St Ry 5s A 1947-J&D Worcester Transit Association— Cum Income 6s 1952 J&D / 117 Deb 5s 1959 Utilities Public Service Co— Conv 6s 1933 J&D Utilities Service 6s 1953 Conv deb 63£s ser A 1938.F&A s 106 97 j 105 J&D —F&A Virginia Public Service Co— 1st & ref 534s 1946 ser A..F&A 10434 ,8J34 834 1st M&S / 1941 8934 100M Union Ry 1st 5s g 1942-.F&A Westchester El 1st 5s g '43-J&J Yonkers Ry 1st 5s 1946--A&O General 6s 434s 87 M 108 J&J & ref 5s 1956 M&N Texas Pub Serv 1st 5s 1961—.--Texas Traction Co 5s 1937--J&J Third Avenue Ry (New ^ ork) 1st ref g 48 1960 opt aft '14 J&J Adj incg 5s Jan 1960 opt-_ A&O Third Ave RR 1st 5s g 37--J&J Toho Electric Power 1st Deb g 534s 1947 1st & ref M 4s 1st 9954 12 11834 Light— 1st mtge 4s 1961 -J&D Wolverine Pow adj 4 Ms Mar 1 '59 Worcester & Conn Eastern Ry— Utilities Power & Light Corp— Virginia Electric & Power— 90 97 102 10034 115 1st mtge 4s ser A 1966 J&D 4s serial deb June 1 '1937-1946Wisconsin Public Service Corp— Utica & Mohawk Valley Ry— 37 94 97 A&O J&J 3834 Texas Hydro Elec Corp— 1st mtge 6s ser A 1956-—A&O Texas Pott Corp 6s 1956—M&S General 634s 1956 M&S Texas Power & Light— Deb g 6s 2022 ser A 96 Utica G & El ref & ext 5s '57 J&J Gen 534s 1949 ser O—J&D 15 37 35 103 20 10034 10134 Utica Belt Line Street Ry— 1st 5s 1939------..M&N Utica El & P 1st 5s 1950—J&J Vamma Water Pow 534s '57-A&0 Vermont LtgCorp 1st 5s'44 A&O Vesten Elec Ry 7s 1947 J&D 102 1st mtge 5s 1960— .J&J Texas Gas Util 6s 1945--—A&O 1st 2-6s 1951 18 6s May 1 2022 M&N 1st lien gen M 5s 1944—F&A 1st lien & gen M 434s 1944.F&A Gen M 5s 1956 ser D Gen 5s 1952 series E Wisconsin Power & 100 99; M&N 1st & ref 8s 1944 Utah Lt & Tr 1st 5s 1944 A__A&0 Utah Power & Light Co— 99 22 '30-J&J J&D Unit Trac (PGrt)—See Phila Co p 10034 94 92 -A&O 1947- 5s Wisconsin Michigan Power Co— 1st mtge 3 34s 1961 J&J Wisconsin Minn Light & Power— 1st & ref 5s 1944 opt '19—M&N Gen & ref 7s 1947 .-J&J g Deb ;98 9034 M 1st 18 I J&D Albany Ry con M 5s Gen g 5s 1947 7f • 10034 A&O Wisconsin Hydro-Elec Co— 99 Unterelbe Power & Light Co— Sink fd M 6s 1953 A&O _ 1st & ref 5s 1970 con 89 101 9234 — 1st Con g 434s 2004 83 7834 7254 1st mtge 334s 1966 101 Ask 194$ Wisconsin Gas & Electric— _ Telephone Bond & Share Co-— Deb 5s 1958 -J&D Telephone Service (Ohio)—„ 5s 1953 M&N Temescal Water 1st 5s A '60 M&N Tennessee Eastern Elec Oo—• 1st M 5s 1943. -F&A Ref s f 6s series A 1955—M&N Tennessee Electric Power— 1st & ref 6s 1947 ser A—J&D 1st & ref 5s 1956 J&D Tenn Pow gu 5s 1962 opt.-M&N Tennessee Public Service— Bid Bonds Winnipeg Elec 1st 434s I960-J&J Gen 4-5s series A 1969--—J&J Gen inc 4-5s ser B 1965-—J&J Wise Fuel & Lt 1st 5s 1948.-M&N 30 City & Sub Pub Ser\ 5s '34.J&J United Securities Co— Coll Ask x Ex-dividend. 734 4234 97 6 ,2834 3934 32 2434 10234 2434 10331 all securities are as near as possible for the closing Quotations for Stocks Ask Bid Par Stocks & Oallf-Oregon Power Co-— 0% preferred series of 1927 100 6% preferred •.——100 7% preferred —100 Calif Water Serv 0% pref 100 Canada Nor Pow com .....— * 94 9534 100 34 II* $0 preferred. * Cent Arkan Pub Serv Corp pf 100 Central Elec and Tel com——1 0 % preferred Cent Hud G & El com— .— 93 88 .'1 99 1.80 * . 100 91)4 Mississippi Valley— Prior lien preferred ♦ Central States Edison —* 91 93 4,,, 73 17)4 , 18* 20 13 34 pf_* 5 102 5 Chester Water Serv 5)4% pref—* Chic City & Con com part ctfs—* Pref partic ctfs * Chic Dist Elec Generat $0 pref.* 102 - Chicago Rapid Transit— Prior preferred A 100 Prior preferred B 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 Cities Service com.... * com $4.50 preferred Cleveland Railway Certificates of 72 75)4 1 3% * 40)4 15)4 96 X 100 5% conv preferred % 2 ■8 X \ Preferred 5)4 % ser 5834 106 1.534 95 7934 334 Commonwealth & Sou Corp com * 8x Optional warrants .....— $6 preferred-. —...* Community Pow & Lt com.. First preferred 6% 100 Community Pub Serv com 25 Community Water Serv com—1 7% preferred * Concord Elec Co 0% pref 100 Common * Conn Gas & Coke Sec pref * Common * Connecticut Light & Power * 5)4% preferred 100 Connecticut Power.. 25 Connecticut Ry & Lighting—100 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 Class A——.— —-—1 :'r "Wflpfuntfl 66 34 of"N~ J—SeePS ~Corp Cons Trac (Pittsb)—See Phila Co 10834 12334 334 3% 57 66 Gen Gas & Elec 6134 113 V 4934 334 17 22 X 112 m iff S§H 77 113 41 105 334 2 234 35 100 95X 9734 9334 5% 634 Derby Gas & Elec $7 pref—...* Detroit & Canada Tunnel.. * 100 100 Detroit Edison Duke POwer..; ..* common—.* * -—* Duquesne Light—See Phila Co— ... East Coast Public Service v t c—1 Jfc Last sale, n Nominal, r conv pref ser B 65 65 68 70 stock— * 101X 10334 "W*cirFctllfcS • •• • 2734 71 1534 126 70 127 72 — «•—:L:i* — «• *» I* 48 50 105 6% "134 2% 7134 90 93 23 25 76 «• — X 0 8234 T" WEITftlltS 16 1634 90 92 10734 9534 100 r Ex-dividend. * Without par value. 234 , nrftfArrflri Miss Power & L. __ 134 3 3034 634 77 7234 104 100 107., 1134 5 18c 434 7n/ 634 234 102 9334 87 34 66 34 74 — 81 _ 114 9734 15 10 93 — 7% preferred 100 14 % 3534 134 105 4 10 —- 56 Power 6% pref * Municipal Service 6% pref—100 Nassau & Suffolk 7% pref—100 National Gas & Elec com—..10 National Power & Light com—* $6 preferred — * Nebraska Power 7% 1st pref 100 Nevada-Calif Electric— Common -.100 Preferred 100 Newark Consolidated Gas 100 34 24 $6 cum Mississippi Power $6 pref Montana 2 8% 15 32 4 100 Pow & Lt 7% pref 100 preferred 100 9934 53 com.. 12 .100 100 9834 * Securities 7% preferred class A 6% preferred class A Milw Elec Ry & Light— 6% pref series 1921 Mountain States Tel & Tel--100 9 3034 * 30 9134 102 22 .......... 25 100 r 58 10734 93 10 4 9 * Warrants.. 27 1034 1434 3434 134 9534 2134 103 110 112 2 334 Light~6 % prefl- * Mississippi Riv Pow 6% pref.100 Mississippi Valley Utilities * Missouri Pow & Lt $6 pref * Missouri Pub Ser 7% pref—100 305 Common * 25 Mohawk-Hudson Pow 1st pref—* 2d preferred * 11234 Monongahela L & P—See PhilaCo Monongahela St Ry—See PhilaCo Monon-West Penn P S 7% pref 25 92 6134 Montana Dakota Utilities com 10 65 5% preferred.. 100 6% preferred 100 37% * 1534 Montana Power 6% pref * 10734 Montreal L H & Pow Cons Montreal Telegraph 40 Montreal Tramways com 100 5734 Mountain States Power com—* 1 434 §934 ,7534 113 * Warrants * Mass Utilities Associates v t c. -1 5% conv partic preferred—50 Memphis Natural Gas * Memphis Power & Light $7 pf- * $6 preferred * Metropolitan Edison Co— $7 preferred series B * $6 preferred series O—-----* $6 prior preferred * Middle West Corp com 5 Minnesota 6234 40 H334 $2 Preferred 24 Units..............—..... Internat Power a: 57 77 Teleg (guar)..166 — 93 91 97 1134 * Common without warrants f|34 90 44 Common with warrants 9134 8634 3334 3034 6334 36% 15% 10234 105 80 3634 45 23 8134 55 2034 32 7% preferred 100 Lynn Gas & Elec Co 25 Mackay Companies 4 % pref. .100 Maiden Electric Co 25 Maiden & Melrose Gas Lt —25 Manhattan Elev Ry 7 % guar. 100 Modified 5% guar 100 Marcon Int Marine Commun'y— Amer dep rets for ord shs £1 Market St Ry(San Francisco).100 6% preferred 100 6% prior preferred 100 6% non-cum 2d preferred. .100 Mass Power & Light Associat'n— $6 conv preferred series A * Midland Utill 7% prior lien.. 100 6% prior lien —100 6034 234 9934 113 107 19 Middle West Utilities 11034 10934 H7_ 105 80 5034 189 9734 8634 81 100 2534 22 47 Lowell Electric Light 25 Luzerne Co Gas & El $6 pref.100 75 295 85 130% 54 34 100 —100 100 100 5% preferred 6% preferred 7% preferred Louisville Railway Co 25 38 ■ Internat Ocean International Power Co 1st preferred 8334 57 . .25 Lexington Util 634% pref 25 Lexington Wat Serv pref.. Lone Star Gas Corp * 634% preferred 100 >ng Island Lighting com * 7 % preferred A 100 6% preferred B 100 Los Angeles G&E Corp 6%pf 100 Louisiana Power & Light $6 pf-* Louisv Gas & Elec com clA * 89 34 * - 86 3 6% pf-100 1st pref. 100 Illuminating Shares class A_ Indiana Hydro Elec 7% pref.100 Indiana Service Co 6% pref.. 100 7% preferred 100 Indianap Pow & Lt 634% pf-100 Indianapolis Ry Co v t c 100 Interboro R T vot trust ctfs_.100 Internat Hydro-El Syst A 25 Conv pref $3.50 series 50 13 3734 134 X Illinois North Utilities - 88 117 n* preferred————100 preferred—..———-.50 6% pref 100 pref. .100 6% preferred 100 Kansas Power & Light— 6% preferred... 100 7% preferred. 100 Kentucky Utilities 6% pref..100 7% preferred 100 Keystone Pub Serv $2.80 pref— * Keystone Telephone $4 pref. 50 Kings Co Ltg 7% pref.......100 5% preferred 100 Laclede Gas Light 100 5% preferred 100 112 86 5% Common 1934 50 134 10334 3634 Jersey Cent Pow & Lt 7% pf-100 6% preferred 100 534% preferred 100 Kansas City Power & Light— 1st pref $6 series B * Kansas City Pub Serv v t c ..* 7% preferred vtc * • 62 134 34 _ - Preferred 38 434 - 29 Canadian price, 49 % 61 1 Preferred 11 11 95 10 25 Hamilton Bridge.—*—--—— * Preferred 100 Hamilton Gas common v t C—— * Hartford Electric Light —.25 Hartford Gas com 25 Preferred 25 Havana Elec Ry com— 1 6% preferred * 100 Haverhill Elec Light. ...25 Hestonville M & F—See PhilaRT Holyoke Water Power —100 Houston Natural Gas com * Preferred 1 50 Hudson County Gas— 100 Idaho Power 7% pref 100 6% 1st preferred.. * 111 Commercial Telep $6 pref— * Illinois Pow & Lt 6% pref 100 ; 24 934 20 23 61 101 pref..* A 1 * .... 16 T 55 «• •» «■» •» m Gen Telep Allied Corp $6 Gen Wat Gas & Elec com Ilium & Power Secur 6 29 75 1 77 1934 4834 * ---- 97 70 Lawrence Gas & Elec Lt 934 70 59 73 * 20 5% preferred.. Gen Telephone Corp com $3 conv preferred $6 111 104 12 79 36 $6 preferred * General Pub Util common...—* "5"" 109 102 113 111 Duluth Superior Transit com Duquesne Nat Gas $4 preferred $5 preferred 20 63 Gen Italian Edison Elec Corp— 51 4 5)4% preferred.. Dallas Power & Light 7 % pref 100 6% preferred — — * Dayton Pow & Lt 4)4% pref. 100 Denver Tramway com * Preferred —100 $6 * * pref ser A— - Phila R T 100 Crescent Public Service com 1 Cuban Telephone pref 100 Cumberland Co(Me)P & L 6% pf 8734 834 1834 1134 * Georgia Power $6 preferred j* Germantown Pass—See PhilaRT Gloucester Elec Lt Co 25 64"" Gold & Stock Telep (guar)....100 Green & Coates—See Phila R T 48 234 Green Mt Pow Corp $6 pref—* 6234 Greenwich Gas $1.25 pref....— Greenwich Wat & Gas 6% pf-100 116 * "5134 Gulf States Util $6 pref— 4 $5.50 pref -* 25 1834 Hackensack Water Continen Pass Ry—See Cumberland Gas com... (Del) com A..* 2 Continental Gas & Electric— 7% prior preferred cum conv Warrants 2 r 8634 48 20534 10334 9434 Continental Telep 6)4% pref $6 30 3334 205 102 )4 93 X (Reading).—.25 (Toronto) 100 Consumers Power $5 pref-.—_.* $4.50 preferred—...—..... * 72 31 X 234 * Preferred 7% 28 46X 71% 30 . Preferred 8% $3 preferred IX 76 71 7 1 * * * Gas Utilities Co 50' 47 112 61 Consumers Gas Consumers Gas 7934 Essex & Hudson Gas... 100 834 European Elec class A 10 X Option warrants Fairm't Pk & Hadd Pass Ry—See Phil- R 62 Fall River Elec Light 25 18 Fall River Gas Works 25 4834 '■ '-iL Cons Trac 79 10 19 48 64 6834 100 9434 * pref—100 Kansas Gas & Elec 7% 57 WA * Kansas Elec Pow 48 189 Gen Public Service Corp 109 2434 107 l^M .... 6% preferred.. I talian Superpower common A. - * Debenture rights Jamaica Pub Service Ltd * f Preferred—— 160 r Jamaica Water Supp 7 34 % Pf- 50 Jefferson Electric com * 65" , .—. 7934 122 100 Commonwealth Edison Co Commonwealth Gas.. 54 Iowa Pub Serv $6 pref— 100 Amer shs for ordinary A 6% 100 B 100 530 44 U 92 97 10734 107 100 7% preferred 510 50 Engineers Pub Serv com $5 convertible preferred $534 Pref (with warrants) $6 preferred Columbus Delaware & Marion— Col'bus Ry P & L 1st pf 10234 50 100 Iowa El Lt & Pow 6% pref—100 7% preferred —.100 Iowa Pow & Lt 7% pref 100 - 934 . Preferred 2F' 10034 2434 104 tVi 60 67 105 Corp (Del) com—* 0% preferred series A 100 5% preferred 100 ■ Preferred Investors Telephone com. iowa Electric 634s pref 8 68 15 94 Preferred ($6) * 125" Fed St & Pleasant Val—See Phila Co. 101 5 934 Federal Water Service com A—* 48 $6 preferred * 9134 4934 $634 preferred * 50 * $7 preferred.—. Fitchburg Gas & Elec Light. .50 Florida Power & Lt $7 pref * 45 73 Foreign Light & Power units—* 7034 Frankf'd & S'thwark—see Phila R.T. 43 Franklin Telegraph (guar) —100 140 Gardner Elec Light common. 100 102 Preferred . ^—. .—. 100 334 634 4234 Gary Elec & Gas common—— 120 10834 Gas & Elec of Bergen County.100 ,m deposit ' jii' Wowfi nta * $6 preferred——* $7 preferred. Iowa Southern Util 7% 1034 ; 34 80 * pref $7 634% preferred. 72 Preferred. Eliz & Trenton RR com 147 21X w* 66 Federal Light & Tr com M Coast Oo Gas & El 1st pref.. 100 2234 * $7 preferredii, * $6 preferred... 2d pref series A— * Optional warrants El Paso Electric Co (Del)— Preferred series A 7% 100 El Paso Nat Gas com.........3 : 105 98 Colum G & El 1 101 * 100 ... Class A full paid Elec Power & Light Corp 103 X 90 100 Cities Serv Pr & Lt $6 pref—.* 7% preferred.. 100 Citizens' Pass Ry—See Phila R T Citizens Traction—See Phila Co Cleve Elec Ilium common 15 104 107 n§ Preferred BB Citizens Utilities 20 2234 2034 » Preferred—......—.——100 Preferred B....—.........10 1 Empire & Bay State Teleg—100 Empire District Elec 6% pf—100 Empire Gas & Fuel Co pf 8%.100 Preferred 7 % - - . . . . . ....^100 6 34 % preferred 100 6% preferred 100 Empire Power Corp partic stk._* $6 preferred.———.......—* Empire Telephone com.....—.. 1)4 X Elec Power Association 2 0 I * 72 7% Eliz Consolidated Gas 104 105 l\H 434 i* Chicago Rys partic ctfs series. 100 Series 2 100 Series 3 —100 Series 4 —.100 $6 preferred—,p— $5 preferred 10934 4034 39 rt* 7 * .... 88 108 3)4 7% preferred 100 Conv preferred 100 Conv preferred ser of 1929--100 0% cum pf (without warr)—100 Central States Pow & L $7 pf-.* Central West Co. com 94 1 Central States Elec Corp Cent Vermont Pub Serv 6% 8434 85 A* .......* Preferred N."". i'55 98 Elec Properties 0% pref 100 Cent Ohio Lt & Pow 6% pf * Central Pow & Light 7% pref 100 Cent & S W Util com .—60 ■te'fcrf Electric Bond & Share.. 1234 18 Warrants new 145 90 i%X Interstate Power 6934 com 134 17 4034 Interstate Natural Gas 30 10234 7234 7% preferred 434 67. Btd ;.* * $.1.75 preferred $3.50 preferred 7 90 85 66 100 81 )4 83 29 -——100 7134 3834 m ' Par International Ry v t c———-100 International Telep & Teleg * International Utilities A * Class B———— —1 4434 14 * Cent Illinois Light 4 34% pref. 100 Cent ...... Conv stock-——... * Edison Elec Ilium (Boston)-.100 110 4)4% preferred Ry com.. 6% 1st pref stamped 6% pref B stock 5% adjustment stock East Shore Pub Serv 634 % pf 100 6% preferred 100 Eastern States Corp com * $7 preferred series A ..—._* $6 preferred series B„ * h Eastern Util Assoc 2 ,10 Cent 111 Pub Serv $6 pref * Cent Indiana Power 7% pref 100 Central Maine Pow 6% pref—100 6534 234 42 H 15 1634 * Eastern Mass St 36 •35 50 4m 100 100 100 100 100 100 34 % Prior preferred 95 •••: 100 — 25 76 1 Canadian Marconi 16534 75 Hydro-El Corp 0% 1st pf 100 Capital Transit (Wash, DC) Carolina Pow & Light $7 pref m 4 date of ssue Stocks Ask Bid Par 6% preferred 1H Amer dep rec 7)4% A- ord—£1 Amer dep rec B ord—-----£1 Amer dep rets 534% pref—£1 . day of the month preceding the Eastern Gas & Fuel Assoc's com * Gable & Wireless Ltd-— Can STOCKS UTILITY PUBLIC 80 105 27 1034 6234 2734 1134 65 75 9834 9934 30 31 r 62 63 r 88 90 4 6 43 148 46 9834 234 34 7Vs 1134 80 150 100,, 234 36 11134 16 - 734 1134 8134 18 83 86 119 122 April, Brunswick Light KeW Heat & U/tf Peoples Light & Power com A..* Common class B—— * innl Power.-----------1001 1001 r-- _ 47 48 * IV* 78 34# 80 Peoples Water 132" 129 England Pow Oo pref—-100. England Pub Ser com * 17 prior preferred-—: * $7 preferred *i 6 preferred * New 6# 72 30# 28# fS S?w 71 , 29# 27 65 &nTk¥T&rI:i5ol com--New Mexico i-VAOAlw Gas ~ I'T.r-07c 6% preferred ----- - - - - - - - -5 6 r0| 37 # 112 103 --™\ 99, 38# 7% preferred— » New Rochelle Water 7% pref 100 N Y Central Elec 7% pref—100 N Y Mutual Telegraph 25 NY City Omnibus common—..* Option warrants L N YPow & Lt Corp $6 pref 7% preferred 100 New York Railways Corp— . - * ▼ x-. | nnm —100 North Continent Util com—100 6% preferred 100 7% preferred — 100 Northeastern Wat & Elec com—* Preferred.....———Nor Indiana Pub Ser 6% pref 100 7% preferred --100 5#% preferred-— 100 Nortnern Liberties Gas 100 91 93 110 53 100# 4# 60 -100 100 100 -* Northern Texas Elec 6% pref-100 Northwest Electric 7 % pref—100 North West Util 7% pref-—-.100 7% prior lien -100 Northwest Bell Tel 6#% pref 100 N'western Pub Serv 6% pref_lU0 7% preferred 100 Northwestern Telegraph 50 Ohio Edison $6 pref * $7 preferred Ohio Eiec Power 6% pref 100 % 7 % preferred 100 Ohio Power 6% pref 100 Ohio Public Service 5% pref-100 6% preferred 100 7% preferred 100 Ohio Service Holding com —1 5% preferred 5 Ohio Valley Gas com 1 7% preferred 6% preferred $5 series cum pref 61 3a 54 20 20 30 24 1st 30 86 97 3# 79 36 Penn-Ohio Penna Gas 106 102 103# 108# 111 51 & Elec Co 7% pref-100 Power 6% pref-100 ^ 6.60% preferred 100 Pennsylvania Pow & Lt $7 pref. *6 preferred -15 preferred _ Pennsylvania State Water, pref. Penna Telephone $6 pref.. 100 Pennsylvania Water & Pow *, — _ People's G L & k Last sale, O n (Chic)-)—lOOi Nominal, r - 55 55 51 110 111# 92 95 97 99 107 109 31 , 41# 7# 42# 8# 11 '6% preferred series C 14 92 89 —A - 1Q4 20# 20# 31# 29# 26# 44# 22 10b 75 144 143# 20 71 41 8 90 im i ' 105 105 2# 29# 92 15# 67# 107 109 104#| 106 98 97 111 82 52# . 85 88 119# 99 103# 112# 20 77 20# 11# 84# 11# 102 76 77 ml tk 14# 13# 31# 32, 90 95 95c 100, ...» 1001 100 12 ; 102 1# 355* 107 6.36% preferred - - - 12# 108 110 50c ~<f 4# 107# 109 84 88 119 cum 83 111# 113# cum 61# 3 ■ 24# 5 > 7 4#| 29 29# 98 96 , 104# —100 50c 60 105# 4 15 7iHI 30c 5 26# 5# % preferred series C Original preferred r 26# 27# 38# 15# 5# 80 22#l ♦ Without par value. 18 80 1# 40c 7 * 110# 112 * 114 11# 2# 14# 7# 7# 54# * * 1 * * - 7 80 81 80# 91# 3# 1# # 81# 92# 3# 1# 17 18 17# 18# 64 66 23 25 25 27 . 103# 58 * 68# | 60 70 101# 100 * 97 1 3 * 1H| 100 3# , m -1 pref 19 -.100 — Cos Western N Y Water pref. Western Union Telegraph.. Western United G & E — 98 90# 94 121 116 120 115# 91 93 99 102 24#| 32 * . - 94 105 2 25 33 —* 15 100 74#| 20 75 98 99# 100# | 110 101 * Iv, —-1* . - 81 40 775 109 107 * 100 - ni 79 38 730 108 6#% preferred 100 Westmoreland Water pref—Wheeling Elec 6% pref ——100 Class B 113# 95# 84# 6% Pf-100 Williamsport Water prefWinnipeg Elec class A 21 113# preferred preferred fPreferred estern Massachusetts r 8! 55# * "Preferred 27# 26# Wisconsin Pow & Lt 6% pref.100 7% preferred-.-— 28# --—-IOO 39# Wisconsin Pub Ser Corp 7% PflOO 15# 6#% preferred-—IOO _..Wisconsin Telep 7% pref 7# 100 WorcesterTrans Assoc— ' 24 MQVork (Pa) Railways pref 50 -— 94 * West Penn Pow 7% pref 59# 1# 23# 41 1 41 92 115 * ■ 6# 42# 1# 79 11# 113# 2# 14# —..100 100 100 6% preferred —100 West Phila Pass—See Phila R T West Texas Utilities $6 pref * West Va Water Serv pref * Western Lt & Tel com * cum 3# 18# 17 6# $6 preferred ——* Virginia Pub Serv 7% pref--.100 6% preferred --100 Washington (D C) Gas.......20 Wash Gas & Elec 7% pref—.1100 Wash (D C) Ry & El com 100 Preferred ...——————-100 Washington Wat Pow 6% pref--* 7% 6% 14# , 15 Oorp A—.__._.* West Penn Elec Co class A 106# ' 14 2# 17# 100 Virginia Elec & Power— 40c 114 7% 78 107# 108# 116 6% pref—100 .—100 Class B 13 76 106# 107# 100 United Tel & Elec 6% pref—100 7% preferred 100 United Tel (Kan) 7% pref.-.100 Utah Power & Light— ( 102# 96# 112 * common 114 125 1 $2.75 preferred $3 preferred Script. -[. i 83 112# 101#, 95# — 7 % preferred United Public Service United Pub Util com 6# 80 100 United 111 Co of New Haven United Lt & Pr com A Common B 6% cum 1st pref United Light & Ry 100 6 Elec (Conn) com.* 5% preferred United Gas Corp com $7 pref series A Warrants United Gas & Impt vot $5 cum pref (non-vot) 109 98# — Gas"& Non-voting 112 12# $5 Ex-dividend. Warrants $7 preferred Utica Gas & Elec 7% pref $6 preferred Utilities Power & Lt cl A 110# 11# 8 South Carolina Power 6% pref— Southeastern Gas & Water A—* Common -* Southeastern Pow & Lt— Warrants-South Calif Edison common—25 x 102"; 11 100 $6 preferred * $4 preferred 59# 55 100 (111) 6% pf 100 Un El L & Pow (Mo) 6% pref 100 7% preferred 100 Union Gas (Canada)-* Class B common 90,,. — Sierra Pac Elec 6% pref Amer Utilities com 68 57# 52 39 10U * —• — 54 7% pf-100 25 6% preferred series B—.—25 .....25 Southern Canada Power-. * Southern Col Pow com A -25 83 II Preferred -—100 53#|lSouth & Atlan Teleg (guar)—25 Canadian price, 118 42 , 7% preferred Union El L & Pow United Gas & Elec of N J 99 South (6%)—.....100 7% preferred 67 40 ----— 107 108 97 105# 85c preferred ——* Second Ave RR Cop (NY) * 2d & 3d Sts Ry—See Phila R T Shawinigan Water & Power * Sioux City Gas & El 7% pref-100 30# 112# P 45# 156 99 95 2d 30# 110# 69# 39# il* 68 66 1st.preferred-.—100 United 100 30 prior preferred Savannah El & Pow 6% pref-100 Scranton Electric $6 pref —* Scranton-Spring Brook Water Service 6% pref-.——* Seattle Gas common * 1st $5 preferred —100 7# 23# 2l 103 y 66# 100 121„ 108 98#| 6% 101 36# (7%)-100 134 36# 98# I 8% preferred Sangamo Electric com San Joaquin Lt & Power— 7% prior preferred 100 118 ..... J00 Common 7% preferted 106 y 108# Union Gas System com Preferred 50 Union Pass—See Phila R T Union St Ry (New Bedford)-. 10' Union Traction—See Phila R T United Corp * $3 cum preferred-., * 63 6% preferred series D——100 5% preferred series E 100 Roch Telep $6# pref 10U Rockland Light & Power 10 st Louis County Water pref—100 San Antonio Pub Serv 45 119" 111 105# st Louis Pub Serv— 31# 29# 27# 142 #| ------ Ridge Ave Pass—See Phila R T Rio Grande Valley Gas —1 Riverside Traction. 50 Preierred ...—50 Rochester Gas & Electric.—-100 33 100 - Class A 113# 12# 29# 103# 115" 112 104 —100 100 Rapid Transit 11# 84# 111 Puget Sound Pr & Lt $6^ pref ♦ $5 prior preferred -* UUtJUub unci Quebec x Power common--—-* f Queens Borough G & E 6% pf 100 * Radio Corp of Amer $5 cum pref B *| $3.50 preferred * Rapid Transit Ry—See P S Corp " Republic Nat Gas com —1 Rhine-Westphalia Elec Pow— Amer shares representing com. Rhode Isld Pub Serv $2 pref—* 53# 29 28 , - 5# 99 Twin States Gas & El 7 % pref 100 Twin City 115 , 86 Edison- Pennsylvania Potomac Elec Pow 6% pref.-.100 5# &#% %_ preierreu—preferred —100 i Power Corp of Onnodo Canada com—com...-*. 1st 6% preferred 10 1 ..—lOOk 105# Providence Gas. * 10# Public Elec Light pref 82# 100 Public Serv of Colo 7% pref—100 109 6% Dreferred 100 104, , Public'Serv or Ind prior pref—* 61# $6 preferred 135# Public Serv Co of N H $6 107 pref—*, - -_ $5 preferred.. * 98# -i.il- a nP AT T *| 45# 151 7% preferred 130 —-.100 6% preferred-— 119# ---100 $5 preferred Consolidated Trac of N J- -100 64 Rapid Transit St Ry Co—100 135 , So J ersey Gas & Elec Trac- -100 189 IPublic Serv Co of Nor 111 83 60 Common 83 6% preferred 117 100 7% preferred 100 117# IPublic Serv of Okla 6% pref-100 97# 7% preferred.——.—-—--100 101 82 53 71 Warrants L Warrants B Penn Western Gas & El com.--12 Penna Gas & Elec Corp $7 pref—" Partic class A stock 38H 5# 66 57 pref A 7%——100 6% preferred .......-.100 5% preferred 100 Tri-State Telep & Teleg * —— 105 80 34 105 79 Penn Central Lt & P $5 pref * _$2.80 preferred---.——— 97# S1H 71 100 — 93 57 5 Toledo-Edison 100 , 107# 29 ♦ * 100 preferred 90 97 81 47 90 84 31 Pacific Telep & Teleg— 100 6% preferred 100 Paterson & Passaic Gas & El—100 Pecos Valley Pow & Lt com "* Peninsular Telep Co com Preferred 100 56# 95 111 12 28 25| 5 27# itQ — - 15 cum If# 64 8> 5# Texas Elec Service $6 pref * Texas Gas Util com 1 Texas Hydro Elec common.-—* $3.50 preferred * Texas Power & Lt 7% pref-..100 6% preferred —* Third Avenue Ry (N Y) 100 13th & 15th Sts—See Phila R T Tidewater Power 6% pref * 4#: 42 95# 5% 15"" — * Tennessee Pub Serv 6% pref * i'erre Haute Elec 6% pref 100 Texas ElecLic Ry 100 100 7% preferred 101 40 Ohio Water Service A com—--* (5#%)< Pacific Lighting Corp com Preferred ($6) Pacific Pow & Lt 7% pref 6% preferred Pacific Public Service— Common non-voting 2# 27# 53# 3 Oklahoma Gas & Elec 7 % pref 100 Okla Nat Gas Corp com 15 \ Preferred 50 6% preferred 100 Omaha & Council Bluffs Railway & Bridge 4% cum pref iOO Oregon Wash Water pref * Ottawa Light Heat & Pow—100 Preferred 100 Ottawa Traction 10b Pacific & Atlantic Tel (gu) 25 Pacific Gas & Electric —25 1st preferred (6%) 25 1st preferred % 62 55 88 1st preferred 87 Rjf* * 1st pref 94"" 00/* preferred 7.2% 1st preferred Portland Gas & Coke 7 % pref 100 Portland Gas Light 50 Postal Teleg & Cable 7% pref 100 Potomac Edison Co 6% pref--100 112 2# 26# 106 --- 7% preferred conv 104 1 Pow & Lt com B preferred 5% Pitts Suburban Wat pref 10P Plainfield Union Water * Portland Elec Pow 6% pref—100 13# ♦ 126 —* * Tacony-Palmyra Bridge— Union Traction ($17# pd)_50 West Phila Pass guar— 50 Phila Traction—See Phila R T 52 -100 Nor States Power (Del) cl A V 99# 117# —25 Northern N Y Util pref North Penn Gas 7% pref 18 109# Southwestern Gas (Okla) 7 % pref Southwestern Bell Tel pref-—100 Southwestern G & E 7% pref-100 Southwestern Lt & Pr com A—* Preferred Springfield City Water 6% pref— Springfield Gas & Elec pref -* Springfield Gas Lt Co —25 Springf'd (Mass) St Ry Cos pf 100 Standard Gas & Elec com—-—* Tampa Elec Co Tennessee El P 50 I* _ 8% Ridge Ave Pass (828 pd)—60 2d & 3d Sts Ry guar 50 13th & 15th Sts Pass Ry 50 Union Pass ($30 5-6 pd) 60 15 - Preferred Superior Wat. Lt &; Pow 7% pflOO Swiss American Elec pref-—100 Syracuse Ltg 6% pref 100 6#% preferred— Phila & Darby Pass Ry 50 Phil & Gray's Fy (825 pd).—50 107# - — Class PhilaCityPass Ry(822# pd)-50 Philadelphia Traction 100 ^referred ~2o So Jer G El & Tr—See P 8 Corp Southwestern Cons Gas Util com Standard Philadelphia Rapid Transit—50 Passenger 50 Green & Coates Sts (815 pd) 50 Hestonville M & F com 50 Preferred 50 67 IOO corn- $7 cum prior pref $4 cum preferred $6 cum prior pref Germantown 30# 18# 104# 115# 109 79 45 94 Traction Citizens Traction 50 Consolidated Trac pref 50 Duquesne Light 5% 1st pref100 Federal St & Pleasant Val—-25 preferred 50 Citizens Passenger guar 50 Continen Pass Ry (829 pd)-50 Fairm't Pk & Haddington. 50 Frandf'd & Southwark Pass.50 120 17 Nor Bost Ltg Prop com Preferred Allegheny _ 3# 63 17 preferred series A .* "16 dividend pref * NY Telephone 6#% pref—.100 N Y Water Serv 6% pref 100 Niagara Hudson Power 10 New 1st pref $5 series 100 New 2d pref 5% series A 100[fc New 2d pref 5% series B—199|/c New class A option warr'ts— New class B option warr'ts North American Co com-. * 6% preferred 50 North Amer Edison $6 pref * North Amer Light & Pow 1 $6 preferred _——..—* Nor Amer Utility Sec * UH 50 ————.* 50 7% 28 1133* Common................ :: 6% cum preferred 86 cum pref — - - 39# 18 103 100 $5 preferred Phila & Grays—See Phila R T Philadelphia Elec Co com * $5 preferred * Phila Elec Power 8% pref 25 15 16# T 116 107 103 68 15# .... 5% preferred New York Steam Co— com 87 7 30 NY & Richmond Gas 6% pref 100 N Y & Queens El L & Pow— Common .——.--* Philadelphia Co Monongahela Lt & Pow 50 Monongahela St Ry--50 Phila & Darby—See Phila R T 5 66 101 25 * ... 133# 92 85 N J & Hud Riv Ry & Per pre! 100 New Jersey Pow & Lt $6 pref—* New Jersey Water pref 100 New Mexico Nat Gas 6% pref.— New Orleans Pub. Serv com * 17 non-cum preferred 66 131# England Water Light & Pol power Assn 6% pre* 100 >w Haven Water New 50 IW & Gas pref---100 Peoria Water Works 7% pref. 100 Phila City Pass—See Phila R T $2 divpreferredr New Southern Indiana G & E 4.80% cum preferred. Southern Nat Gas class A Class B common—. Southern New Eng Telep Southern Union Gas com Preferred ' 6# 5# 28 84 89 100 97 115 15 30 "6# 1 32"" 87 92 xC 99 117 2r 35 • heading "Industrial and Miscellaneous Securities" we include all issues which do not appear previous three headings, namely "Railroads" "Investing Companies" and "Public Imwavor nut "T ovtlln Mnnnfarf urinir » "IriBiii'flnce '' "Mininff." "Real Estate and Land of stocks, however, we put "Textile Manufacturing," "Insurance," "Mining," "Real Estate and Land,' Under the Utilities." In the !er the . case £ - .1...!,« uio then follow with the rest of the and Safe Deposit; Companies^ under separate heads, Miscellaneous." "Title Guarantee "Industrial and where marked "f" NOTICE—All bond prices are "and interest" except Quotations for all securities are as near as Bonds Ask Bid Bonds mx 104 & 1st M 5s 1953 ser A Certificates of deposit Acadia Sugar Ref J&D /101 101% f 101 101% 4%s 1955.A&0 103 103 J* 103 102 1948-M&S J&D 10-year 4 Ms debs 1946--F&A Adams Exp coll tr g 4s Coll tr g 4s 1947 With scrip Aeolian Co 6s 1937 Akron Times-Press 1st 6s '45 Alabama By-Prod 6s Income 6s 1955 :r .72 'bimmmm % 70 70 70% .... 40 •» m •; V m m . mm m 86 84 100 99 M&S / 99 105% Aluminum Co debs 5s 1952--M&S 105% Aluminium Ltd s f deb 5s *48-J& J 100 106 106 1st s f 7s 1955 Deb 6s '43 ser A with - — By-Products Coke Corp— 1st M 5%s 1945 ser A Byron Jackson— Conv deb 4%s 1945 California Packing Corp— Amer I G Chem Corp— Conv deb 5%s 1949 43 95 % 55 '96" 107% M&N J&J 5%s<fl949— 103% 104% J&D notes 1956 Am Lime & Stone 5%s 93 101 97 95 102% 98% 105 *51—M&S Am Mach & Metals 4s 1943--J&J Amer Radiator deb 4%s '47-M&N 104 102% 105% 109 118 Sinking fund deb 5s 1948—J&J Amer Seating 6s stamped 1946— Am Tobacco deb 4s 1951 F&A A&O American Type Founders Inc— Debenture 6s 1944 1950—J&J /169 99 *42—M&S 76 % Paper 1st 6s 1947 J&J f deb 2%-5s " Am Wire Fabrics 1st 7s Amer Writ Certificates of deposit % New ! i'i conv 6s 1961 Anaconda Copper Mining Co— Sink fund deb 4%s 1950--A&O v Anglo-Chilean Cons Nitrate— Sink fund income deb 1967 J&J / I Antilla Sugar Estates— Income deb 6s 1951 Anthony (E C)— 1st s f 6s (San Fran) Debenture 4 %s w w i 76 21 73 75"" 100.28 101 106 62 / 45 3o 198 Stamped ex-warr 1938.-M&S 1st g 5s 1940 M&N 5s assented 1940——.— 105.. 105% Baragua Sugar Estates— Cum inc deb 6s 1947——J&J Barber & Ross 6%s 1937 Bates Valve Bag Corp— i ; b i 218 218 199% 1992 1062 106% 52 18 54 101 102 1942——F&A Terminal— UP ctfs.J&D Consol Bethlehem Steel Co— 1st lien & ref 5s 1942 M&N Purch money 6s 1998—Q-Feb Cons M s f 4Mb ser D *60—J&J ©» 00, 95% i 89% 35% 107% 6%s 111 94 137 128 18 137 103j 103% t Called April k Last sale, 5s 69% „ 101% 1943 with t Called March 15 at 100. n Nominal, _ _ 1 at 105. 90 92 93 r a 104 103% 102% J&J / F&A European Mtge & Invest— 1st lien 7%s 1966 ser B F&A / 1st lien 7s 1967 ser O M&S Everlastik Inc 1st 7s 1937.M&N 28 mmmrn 66 77 32% mmmm 83% mmmm . 20-year 4s s f deb 1956 J&D 101% 102% 99% 100% 99 100 Famous Players Canadian— 1st & coll 3s 1937-1939-.-J&D 1st & coll 3%s 1940-1942-J&D 96 ilH 63 103 101% Farmers Nat Mtge Inst 7s '63A&0 / Federal Screw Wks conv 6 %s '39- / Federal Sugar Ref 6s ctf *33 M&N / 61% 1% 88 74 . / Fiat s f deb 7s 1946—I —J&J Filtrol Co of Calif 5s 1946— J&D 100" Finland Residential Mtge Bank s f 6s stamped 1961 M&S Firestone Cotton Mills 5s '48M&S H'l-' oo WH — 101 101 101 10i 94 94 50 96% 102 : 102 104 93% 127 M&S Sf 5s 1942- 103% 104% 94 98 First Bohemian Glass Works— J&J 1st secured 7s 1957 Conv g 6%% notes 1946-A&0 Folansbee Bros 5s 1947 J&D / Forest Lawn 1st s f 6s 1949-. J&D Framerican Ind & Dev Corp— Deb 7%s 1942 J&J 101% 100% 96% Frick-Reid Supply 6s 54 Gair (Robt) income notes 6s Gelsenkirchen Mining Co— 1943--J&D 1972 / 87 101% 117 103 % 110% 78 120'" mmmm 99% 70 6-yr 6% notes 1934— M&S / 54 6s 1937 101% en Amer Transport 3sT940"_J&J 101% 3% notes 1941-1942. J&J f ....... General Cable Corp— 1st mtge s f 5%s 1947 ser A. J&J Gen Elec (Germany) 7s*45.J&J15 105% 30% 29 Deb 6%s 1940 J&D Debsf 6s 1948— M&N / 30 115 Gen Finance conv deb 5s '40.F&A 98% Conv deb 5s ser B 1951.—J&D Gen Motors Acceptance Corp— 100% 10-year deb 3s 1946 F&A 15-year deb 3%s 1951 F&A 69% Gen Rayon deb 6s 1948 w w. J&D Gen Stl Cast 1st 5%s '49 w w.J&J Gen Steelware 6s Nov 1 1952 70 103% (Jen Theat Eq deb 6s 1940.A&O F&A 102% Gen Vending 6s 1937 Certificates of deposit 99% Georgia Marble 1st 6s 1950-M&N German Atlantic Cable 7s 1945-. 88 102% 75 29 93% 103% 95% 55% 83' 80 /108 Francisco Sugar 6s 1956 M&N Franklin Coal Co 7s ws 1949-J&J / French Nat Mail SS Lines 6s '52 104% i Firestone Tire & Rub of Calif— Flour Mills of America Inc— 101 - warr__J&D Continental Roll & Steel Fdy1st M conv s f 6s 1940-—J&D Copley Cement Mfg 6s '41—A&O Deb 110 1351 I960......J&J 18% . 1941..—.A&O 55 89% Emporium Capwell Corp— Debenture 5%s 1942 ..A&O 1103% 102% 1st 4s 1952 J&J Ernesto Breda 7s 1954 110* 53 17 12 31% 100 / 43 Consumers Co 1st 6s 1946—J&J / 67 102% Container Corp 1st 6s '46-J&D15 5s 1950-- 110% 6s 1943 4% notes 1942—. 80 77 60 1st & coll 4%s 1951 J&D Farmers Mfg Co 3%s 1953--M&S 90 1942—J&D / 28 103% 1951.J&D 95 Paper Corp 5%s 1961 54% Textile 1st 8s 1941..J&D Sinking fijnd 5s 85% . Fairbanks Morse & Co— 85 70 Consolidation Coal Co— 111 64 36 / Eastern Mfg Erie Elec Motors 5s 1941 ' F&A 1950—F&A Consol Oil s f deb 3%s 1942- f 101 99 Beech Creek O & C 5s 1944—J&D 108 Beneficial Loan Soc 6s B 1939 Q-J 108 6s profit share deb 1956—Q-J 11 Berkey & Gay Furn 6b stpd 1941 - / 61 Bethlehem Fdy & Ma 5s'44 A&O Beattie Sugar 7%s 1943 Bedford Pulp & Paper 6%* Called June 1 at 102%. Eastern Cuba Sug 7%s'37-M&S Eastern Dairies 6s May 1 1949-- Laundries— Consol Mach Tool 7s Consol ♦ t—1 1st 8s 16 76 Debenture 5s series B 1955 225 110 , Oommerz-und Privat-Bk Germ'y) 5% % notes'37(Am pt ctf)M&N / 50 Commonwealth Subsidiary Corp103% Deb g 5%s 1948 ser A..M&S Connor Lumb & Land 6b '41 M&N / 77 Consol Biscuit 1st 5%s B *40 M&S 101 1st 5%s ser O 1946 J&D 50 f price Includes accrued interest.:., M&S M&S 16 103 73 62 103 ' 'l5l% Extended —J&J Certificates of deposit 102 , 102% Debsf 5%s 1942 A&O 100 Chicago Stk Yards 5s 1961-A&0 87% Childs Co deb 5s 1943 A&O 72 Chilean Nitrate inc 5s 1968--J&D 98 Clearfield Bit Coal 4s 1940--J&J 107 Cleve-Cliffs Iron 4%s 1950-M&N 99 Cleve Tractor conv 5s 1945.M&N Collateral Bankers Inc— 99 7s series A & B 1960Q-F 99 7s series C 1959 —Q-M 99 7s series D 1956 Q-J 92 6s series AA 1953 ..Q-F 92 6s series AB 1948 Q-M 92 6s series AC 1952 Q-J Colo Fuel & Iron s f 5s 1943.F&A f 107% / 93% Income 5s 1970--.i Colo Indus 1st 5s A & B 1934 F&A / 126 Commander-Larabee Corp— 1st mtge 6s 1941. J&J Commerc'l Credit 3%s 1951 A&O 99% Comm'l Disc t (L A) 6s '39—A&O Consolidated 101 7s ser A 1938--J&D / Eaton Paper 1st 5%s 1943-M&N 58 Elec Auto-Lite deb 4s 1952-F&A Elk Horn Coal 1st 6%s 1931-J&D / 7% notes 1931 J&D / Empire Oil & Refg Co— 1st & coll tr 5%s 1942-—A&O 100% Empire Sheet & Tin Plate— 100 1947-F&A Consol Cement Corp— Cum inc 6s 1950- 86% 100% Eastern Car Co Ltd 6s 1952.J&J 13 11 52 M&N / 113% J&D / 133% Cold Storage Cum inc 6% notes Deb 6s ex-warr • 105% 105 Commercial Invest Trust Corp— Debenture 3%s 1951 J&J 116 Baldwin Locomotive Works—* 68 with warrants 1938 M&S / 207 Stamped w w 1938 M&S / 207 6s without warrants 1938-M&S/ 198 K 80 50 4Mb 1939 J&J Autocar Co 7s ext 1947—M&N Conv deb i 13 , Auburn Automobile— | \ 10 97 74% ' 101% 114% 103 105 85% ? 1st mtge sink fund 6s 1942-J&D Dufferin Paving & Stone— Debenture 5s series A 1955 - Gen conv 6s 1950 li 115% 102% 01% 97% 97% 52 40 101% 102% 115 Chic Pneumatic Tool Co— 83% 88 Driver Harris Co— 32 103.4 104% 38% 102% 37% 101"" 27 33% 32 38% 45 f 6s Oct 1&0155'60 A f Deb 4%s ser A 1951 M&N Dominion Textile 4%s '55.-M&S 99 99 99 79 97 36% s Donnacona Pap 4-4 %s '56.-F&A Dow Chem Co deb 3s 1951.-J&D 125 82 74 100% 102% , 82% 124% 1941-M&N Certain-teed Prod Corp— 88 Deb s f 5%s 1948 M&S Cespedes Sugar 7%s Sept 1 '39— / 34% 98 Champion Pap Corp 6s 45--F&A Champion Paper & Fibre Co— 106% 4%ssf deb 1950 M&S Chateaugay Ore & Iron— •m 92 Guar gold 4s 1942J&J Chesapeake Corp— u Conv col 5s 1947 .M&N 15 1136 120% Conv col 5s 1944 J&D 100 50% 1937-- -J&J Atl Bug Ref 1st s f 4s *51 M&N Atlas Imperial Diesel Engine— 6% conv notes 1945 M&S Atlas Pipeline Corp 6s 1945. M&N i ,96 / Central Steel 104% 103% Dickey (W S) Clay Mfg Co— 153 Non-cum inc 5s (W-S) 1949 84 Non-cum inc 5s (ex-stk) 1949— Dold (Jac) Pack 1st 6s '42.M&N 105 Dom Coal 1st s f 5s 1940 M&N Cum inc deb 6s 1955 M&S /100% 113% Dominion Steel & Coal 6%s 1955 69"" J&D a 104 __J&D d 115 1st mtge 6s 1941 Gen mtge 5s 1941. Central Ry Term & 6%s 1952 40 1942-J&D Atlantic Refg deb 5s ! 1939 Corp 6%s 1944 80 105 J&J / Atl Gulf & W Indies SS Lines— Coll tr g 5s Jan 1 1959 J&J Atlanta Laundries 6%s w w 1943. Atlantic Ice Mfg 6s 1945 F&A b Celotex Co deb 6s 1936 105% Dominion Tar & Chemical Co- 68 81 '50M&N Deb 6s 1954- 172 101 39% Asbestos Corp inc 6s 1941—J&J Associated Mtge Co 2-6s 1953— 1946 110% 101% 6 103. 1st gold 4Mb 1939 opt J&D 104% Armstrong Cork deb 4s 1950-J&J / 82 Arnold Print Wks 6 Ms 1941.A&O 1st mtge 6Ms 104 30% 5% Armour & Co—Real estate Bayway 80" Central Foundry Co— 104% 1st s f 6s (Los Ang) 1942--J&D Apex Oil Corp 6 Ms w w '39.M&N Arcade Malleable Iron 7s 1943— Armour & Co of Delaware— 1st M 20-yr 4s ser B 1955-F&A 1st mtge 4s series C 1957—J&J */• Cassco 197 102 92 (Berlin)— 6% notes (Am part ctfs)__M&S Stamped (Mar '33 coup on) '35 6s extended 1938 M&S 103.16 / Corp inc 6s 1949....M&S f Celotex 103 106 112 76% 77 ..... _ % warr 95 105 Deutsche Bank 105 Caribbean Sugar 7s stmp 1941 Carriers & General Corp— _ s 67 18% 105% 104% 102% 70% 99% ' M&i1947. 6%s series A American Rolling Mill— Conf 88 30 102 15^yr deb 5s with ,61 Dairyland Inc 1st s f 5s 1946.M&S 80 Davidson Chem 6%s 1937--A&O De Bardeleben Coal Corp— 1st mtge 6s 1953J&D / 36% Certificates of deposit / 36% Deep Rock Oil 7s 1937 -.M&S " 86 101 Detroit Times deb 6s to '43.M&S 76" 45% 109% 100% Canadian Internat Paper— 1st M 6s 1949— —J&J Carthage Marble 6%s 1942 104 59% 116 100 100% 25-yr guar 5s 1955--- ,99 - Cudahy Packing 3%s A '55-M&S Conv s f deb 4s 1950 M&S 47 103% J&J 17% 98% f deb 1951-J&D 100 A&O Canadian Vickers 6s Aug 1 s Sinking fund deb 5s 1946-F&A w w '48-Q-F Crowley Milner & Co— Deb 5%s 1946 M&N Crown Cork & Seal Co Inc— 15-yr 4s s f Nov 1 1950--M&N Crown Willamet Pap 6s '51--J&J Crucible Steel Co deb 5s '40-M&N Cuban Tobacco 5s 1944 J&D Farm Ln 1st & gen 5s 1957 Canadian Bakeries 0%s '45-M&S Canadian Canners Ltd 4s'51M&N 107% Amer La France & Foamite— 5%% 104% 3%s Credit Service deb 6s Canadian Nat Steamships— International Corp— Conv 84% Crane Co Deutsche Rentenbank— Cementlst4%sserA'51 M&N '43--F&A15 1st & gen M 6s 1941 ser A.A&O - % 83% 103.9 M&N Canada SS L deb 5s 100 60 F&A 87" — Can war.F&A >■ 99 104 98 - Cons deb 5s 1940 50 50 50 Amer Dept StTs (Pa) 6s '48- - J&D Amer Dept St's (Del) 6s '47-J&D Amer Ice Co deb 5s 1953 J&D Amer - Campbell River Timb 6s '41-J&J Canada Biscuit 6%s 1946--M&N Canada Bread 6s 1941 F&A _ Without warrants— New 3-6s 1943 Amer Color type 6s 1942 :■ s Camaguey Sugar 7s ctfs 1942—- Alpine Montan Steel Corp— Aggregates Corp— Creameries of America— 86 (Copenhagen) 113 15-yr s f extl 6s 1940 J&J 43 Burns Bros deb 5s A 1961—M&S 82 Burns & Co Ltd 1st s f 5s 1958 J&J f, 74 Income 5s 1958 J&J 85% Bush Term 1st 4s 1952 A&O 69 Cons g 5s Jan 1955 J&J 65% Bush Term Bldg 1st 5s *60--A&O 60 Butterick Pub 6% notes '39-A&O 70 Byers Machine 3-6s mmrnrnrnrn 99% 98% Amer Oosgrove Meehan Coai 6%s 1945. 70 66 8SH I 35% 36% 104% 103% f deb 3 %s 1950-F&A Budd (E G) Mfg 6s ext 1941 15-yr • 42 1953. J&D *50-A&O M&N A&O M&S s - 170 90 92 Allied St's Corp deb 4%s Debenture 4Ms 1951 £ m 100 98 35 34 *\ 68 64 ^ 100 Albany Perf Wrapping Corp— 1st M coll tr 6s 1948 A&O / / 6s assented w w 1948 / 6s 1955 Alberta Pacific Grain 6s 1946 J&J Algoma Steel 1st 5s 1962 A&O / Allied Mtg inc coll 2-5s mmmm .f 160 1953 115 73 106 95% Burmeister & Wain 12 Alabama Co 6s 1938 M&N Ala Cons Coal & Iron 5s *38. M&N Alabama Mills 6s (w s) Without stock mmmm / 101 110 72 103 British Columbia Pulp & Paper— 1st 6s 1950 M&N 1st 5%s 1950 ser B Shoe Co Inc— 100 101 88 A&O 1955-.-J&J Copley Press 5%s 1943 F&A Cosden Oil Corp 1st 6s 1938-M&N Gen lien 6s 1938 M&N Cosden Petroleum conv 5s '47 J&J Brown 92 88 100 1945--M&S f 7s 1950---Brown Co 1st 5%s 1946 103 Ask 105% 95% -78 105 1956 Gen 103 ...— - 6s British Am Oil deb 4s _ 101% Addressograpn-Multigraph Corp 4-1 Ms 1938-1939 A&O 5-5 Ms 1940-1945 A&O Advanee bag & Paper 6s '52-J&D Ex scrip Bid A&O Botany Cons Mills 6%s '34-A&0 Certificates of deposit Brandram-Henderson 6s *39 M&S : Bonds Boston Sand & Gravel 7s 1939 Boston Wharf 1st 4s 1941 Abitibi Power & Paper— . Ask A&O 3 %s series E 1966 1942.M&S and income and defaulted bonds month preceding the date of issue Bid 1941 J&J Beth Steel Corp 4%s to INDUSTRIAL AND MISCELLANEOUS BONDS Abbotts Dairies deb 6s possible for the closing day of the *76 104)| Called April 5 at 105. b Basis, d Called April 5 at 38% 21% 21% mmmm - mmmm \y*mmm. 102% 94 105% 33 , 36% 33% 120 100% 101% *78 92% 39% 24 # 25% 91 21 115. / This april, 1937] industrial & miscellaneous bonds 83 NOTJCEr—All bond prices are "and interest" except where marked "I" and income and defaulted bonds va.'Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Bonds Bid Bldg & L'd Bk 6%s 1948 Glen Alden Coal M s f 4s '65 M&S Globe Ask Bonds 18 % German 5s uniform ctfs of dep 1959 Lackawanna Steel 5s 1950—M&S La France Textile 1st 6s '42.J&D 84 m Industrial Loan 6s 1955 J&J Globe Wernicke 6s Oct 1 1944 101% Lake Erie Bolt & Nut— Gobel (Adolf) IncOonv deb 4%s ser A 1941 _M&S Godchaux Sug 1st s f 5s '47-M&N Good Hope St & Ir Wks (Germ'y) Sf g 7s Oct 15 1945—A&015 >75 83 104 105 5-6s 103 % 104 100% 101% Lmgendorf Un Bak— 97% 1st sf 5s 1955 A&O Grigsby-Grunow conv 6s '36 M&S Sfs Prod conv 6s 1945-J&D Gulf States Steel 4%s 1961-A&0 Hall (F W) Printing Co— 1st & coll 6s stmp 1947 M&N Hamilton By-Prod Coke Ovens— 1st s f 5s ser A 1955 M&N Gen sinking fund 6s 1956. A&O Hamilton Mfg 1st s f 6s 1941 A&O ■8* U" 89% 97% 91% 98% 100% 101 102 102% 101% M&S 101 & ' . 55% 57% Liggett & Myers 10-yr sec s f 5%s 1940—M&N 100 105 80 92% ' ' Conv deb 5s 1941 J&J15 Certificates of deposit Internat Mercantile Marine— sei J&D 2%s to 1938, 5%s to Marine Elev (Buff) 7s Marion Steam Saovel— 1st mtge s f 6s 1947 101% 47% 74 McColl Fron'nac Oil 6s 1949-A&O McCord Rad & Mfg— Deb 6s 1943 with warr—F&A 1st M 5s 1968 J&J 1st 4%s 1968 J&J Internat Salt g 5s 1951 opt.-A&O Isotta Fraschini 7s 1942 J&D 240 248 103% 104% 101 102% 103% 103% 104 ..M&N 105 115 95 1st M 6s 1945 with 107% 23% 90 100 warr 100% 08" 92 100% 101% 99 % 101% 101% 99% 103% 102% 105 % 70 104% m 76 Morris Plan sec 6s x-w sia 95 Mtge-Bond Co 4s ser 2 '66-A&O / 6s series 4 1933— M&N f 5%s series 16 1940— M&N f 25 25 27 27 Keith (B F) Corp 6s 1946—M&S Kelly Springfield Tire 6s '42- A&O 6s stamped 1942 Kelsey Hayes Wh'l 1st 6s '48-J&J Nat'l Acme 4%s ext to *46—J&D Nat'l Baking 6s ser A 1941-M&N 98 78 98% Nat Dairy Prod 3 %s w w"51 M&N National Distillers Products— 100 notes 1939-1941——M&N notes 1942-1945 M&N 100% 102 Kimberly-Clark Corp— 103% gnney (G Klrby 98% 102 R) ext 5 Ms 1941-J&D Lumber 6s 1938 New 1st 4s 1947 Koppers 65 95 cl££ 6^S 1943 J&J16 J&J16 M&S 99% 102% 96 2-5s series B 1954------ New 20 — New England Laundry 6s 1936—- 4-5s 1956. Niquero Sugar 97 ' 18% Corp— 1st coll mtge a f 4s June 1 1965Nat Union Mtge 2-6sser A 1954— 100% A&O 101% N Y Ev'g Journal 6 %s '37-J&D J&J 108 3 Ms coll trust notes 1947-F&A 109 103 103% 1st M & coll 4s 1951 M&N Kresge Foundation— 10-vear coll tr 4s 1945 * palled April 1 at 103. t Called April 1 Pnce includes accrued interest}, k Last sale, . at 102. n t Called April 1 at 105. Nominal, x Called a April 9 at F&A deb 5s '46-J&J Orono Pulp & Paper 6s 1943-J&J Osgood Co deb g 6s 1943 J&D Oswego Falls Corp 6s 1941—J&J 1st mtge 4%s w w 1952—_M&S Otis Steel s f 4%s A 1962.-.J&J 99% •••• 102 82 108 104 110 101% 102% 29 8 98 100 :» 55 , x 60 63 67 101% 100% 88% 72% 100% J&D 48% J&D15 Certificates of deposit 48% Panhandle Eastern Pipe Line— 6s 1950 ..A&O t 105 1st mtge & lien 4s 1952-_-M&S 97% Paramount Pictures 6s 1955.J&J 100 93 91 82 102 50 50 98 100% M&S Transportation Co— 95% 97 A&O 71% 73 Conv deb 3%s 1947 Peabody Coal Co (Oonsol Oo)— 1st s f 5s 1953 ser A 88 M&N Pearl River Valley Lumber— 1st income 4-5s 1945 M&S / H5 Pennsylvania-Dixie Cement Oorp 1st m s f 6s 1941 ser A.M&S15 99% 108% 104% 105% Pennsylvania Glass Sand Oorp— s f 4%s 1960 J&D w w 1943 —.M&S 6% notes w w 1938— M&S Phila Brew 1st conv 6s 1944-M&S Phila & Read C & I 5s 1973--J&J Oonv deb 6s 1949 _M&S 89 91 22% 24% 85 !k 38 16 Phoenix Iron 1st s f 6s 1946-M&N 104% Phoenix Silk Mills 7s 1943. / 19 Pickering Lumber 6s A *40 _-M&N / 36 Pierce Butler & Pierce 22% 6%s '42-- / Pillsbury Flour Mills 6s 1943 A&O Pine Hill Collieries 1st 6s 1942 Pirelli Co of Italy con 7s '52 M&N 107 Pitts Coke & Ir 100 16% 25" 6%s 1941 Porto 104% 109 104% Sugar— Income deb 5s 1951 rJ&J 126 1946 Prov Paper Ltd Pure Oil Co— 1 st» f 5s 1953 61 50 64% 61 102% Called May 102. 100% \mmmm 5%s 1947--M&N M&N Debenture gold 6s 1941.-J&D Conv s f deb 5 %s (new w 1)1947 Railway Express Agency Inc— Serial 5s 1938 (s-a) M&S Series 5s 1939-'49 (s-a)__M&S Reliance Bronze & Steel 6e 1944— Remington Rand Inc— 20-yr deb 4 %s w w 1956--M&S b Basis, 79 90 93% 80 V wmmm 95% 83 ---- A&O Radio-Keith-Orpheum Corp— Part paid ctfs (for 6% deb and common stock) 65% paid 1 at 102%. 81 80% Storage— 15-yr s f 4%s w w 1950—J&J 4%s without warrants 1950 Purity Bakeries 5s 1948—---J&J Quaker City Cold Storage— 104% I * 6s 1958 J&D Protestant Church of Germany— 38 63% 60% 101% 110 1 103 98 J&J 1st income 60 84 107 102 105 103 M&N Produce Term & Cold 75 99 101 Rican Amer Tobacco— 105 73" 24% 107% 22 7s stamped 1947 M&N / Pratt Cons Coal 1st s f 5s *55 J&J Pressed Steel Car Co— i 7s 38 90" 4 %s'52 M&S Pittsb Brewing 6s Feb 4 *49.-J&J conv Portland Woolen Mills— * 104%" »; 101H 92% 94 28 1947-F&A S f conv deb 6s 1944 ■ 22 Pan Amer Petrol Co (of Calif)— ist conv s f 6s 1940 „ >> 39 45 Corp of La 1st 6s '48_ J&D Parmelee : 42% 36% SS 2-5s '43-M&N Pac Coast Cement 6s A 1942-J& D Pacific Coast Co 5s 1946 Palmer > 108 6 A&O grford Maimi Piper 6s Pacific Atlantic 93 93 27 Oregon-Am Lumber 6s 1942-A&O Oregon Pulp & Paper 6 %s to Apr 30 *37. 6% to 1945---M&N Oreg Terminals 6 %s A1942-M&N , 101% 3.00% — 11 60 3%s 1937. '51-F&A N Y Dock Co—1st g 4s Serial 5% notes 1938 48 19 100% 101 104 National Fire Proofing Co— Dobs f5%s 1947 National Steel 68" M&N / stmp 1942..-J&D Ben Coal Corp 6s (w s) 1948 Inc deb 7%s (w s) Aug 1 1953- Potrero — 1st mtge 5s 1943 ser A J&J Ktags Co Refrig 6s 1942 A&O Kingsport Press 6%s 1939—F&A Kingston Elevator 1st 6s *50 M&N _ o.?0f U5®1951 conv Ohio Leather Conv 6s 1942 M&S f 79 123 1st M conv 5%s A 1940-M&N 45 Cum conv inc 5s 1952—M&N / 72 42 Nat Food Products 6s *44—M&N f Coll conv 6s w s ser A '44-M&N / 50 93" 104 Nat Gypsum s f 6s 1943-—A&O 103 100% Nat Lumber & Creosoting 5%s__ 101% Nat Radiator 6%s 1947 F&A / 48 55 Certificates of deposit——— / 102% 5s 1946 f 73 100 62 99% Poor & Co s f deb 4s 1946-—A&O 99 % Port Arthur Canal RR. Dock—See 10% v. 10-yr deb 4%s May 1 '45-M&N 101% 99 50 Debs f g 5%s 1947 —J&D Pitts Steel s f 6s 1948 F&A Pocahontas Consol Collieries— 1st gold 5s 1957 op-,. J&J i80* A&O . 97 Pittsburgh Coal Co— Sinking fund deb 6s 1949-F&A Pittsburgh Screw & Bolt Corp—• 68 20 3% 4% 90 60 41 100% 106 100 18 78 74% 28% 75 75 75 40 35 82 94 74% 81 68 J&D J&D -J&D J&D J&J 1937 deposit 102 M&N O&mit0 Co 6s Old 6s Steamship Line— Secured 6s 1937Deb 6%s Jan. 1 Certificates of 3.00% Pettibone Mulliken— 101 88 Munising Paper 6s A&B '43-A&O 102% . , 1947-M&S Mortbon Corp— Coll A 5s ser 1 1941 Coll B 5s ser 2 1946Call O 5s ser 3 1951 Coll D 5s ser 4 1956 3.00% 98% Northern Elec & Nor Pap Mills— 1st mtge 5s to 1948 91 M&N Debenture 6s 1943 90 M&N Northern Redwood Lumber— 6s 1937 J&D / 22 N west Pub's Deb 99% 4%s 1948-J&J Northwestern Barb Wire Co— 1st mtge s f 5 106 %s w w 1945-F&A 5%s without warr 1945. 98% Nor western Term Co 5s '48-J&D / 20 Norwegian Hy-Elec Nitrog CorpRef & imp 5 s '57 ser A.M&N 100% Nova Scotia S o 5s 1959—J&J / 80 6s perpetual stock— IIJ&J / 41 °9al 5s *55 °P a/t'08 M&S / 15% Ohio Fin deb 103% 6%s ww 1944-M&N 103% 1st v Namm (A I) & Son—See Mfrs Tr Oo. Nassau (Ger) Landbank 6%s 1938 / 19 98 Nast (Conde) 6%s Dec 15 1937.. J&D coll 5s 1940Keokee (Jons Coke 5s 1959--J&J Keystone Steel & Wire— 2% notes 1937-1938 M&N 95 70% / 119 102.16 7% gold notes 1935 A&O / 115 Minnesota & Ontario Paper Co— 1st 6s series A 1945 —A&O 73% 1st 6s series B 1948 J&J 73% 73 1st 6s series O 1950 .—M&N f 5-yr 6% notes 1931 M&S/ 27 Minn Valley Canning 6s *41--J&J 88 3%-6%s 1945 Kentucky Securities 102K Miller & Hart Inc. deb 6s '43-J&J Miller & Lux Inc 1st M 6s '45A&0 103 Munson J&J 97 65 1st 6s 1943 with Am shs. -M&N Ctfs of dep w w stpd 1943 68 stamped (par $925) 1943 6s with warr (par $925) 1943— 15-yr conv deb 6s 1948 Kentucky Rock Asphalt— 105% — Montreal Cotton deb 5s '43-M&N 98 98% 100% 60 102 84% 88 89 20-yr conv deb 5%s 1950-M&N Mead (The) Corp— ' 84 102% 100 % 98 Mengel Co conv 4%s 1947--M&S Messenger Corp deb 4%s *51 J&J Metropolitan Ice 7s 1954—J&J Metropolitan Wat Sew & Dram— Board s f 5%s 1950 A&O Miag Mill Mach'y 1st 7s 1956 Mich Tann & Extract 6 %s'38M&S Middle States Petrol 6%s 1945— 4.25 4 25 trust 4%sNov25 '37-43 b EquiD trust 5%s Sept 1 *37-'44101 Corp— P,eb 6%s A with warr '40-M&S f 88 6%s 1943 M&S 100% Income 6 %s 1953 61 M&S / 1st income 5s 1945 5s 8 f deb 1951 -M&N McKesson & Robbins inc— 96 _ 118 81 Jefferson & Clearfield Coal & Iron Indiana Co 1st s f 5s 1950--J&J Jones & Laughlin Steel— 1st mtge 4%s ser A 1961—M&S Journal of Commerce 6%s 1937_ Extsf 6%s 1947 J&J Karstadt (Rudolph) Inc— 90 35 78% 100 .... b North Western Refrigerator Line Equip trust 5s Aug 15 '37-'40— 101 Equip trust 4s ser I Jan l'38-'43 b 3.80 75% McOrory Stores Oorp— Mohawk Rubber ext 6s 1938 A&O Monon Coal—See Chic Ind. & L Internat Pow & Pap of Nfld— 74% 128 118 97 99% Massey-Harris Co 5s 1947--A&O McCaflum Hosiery 6%s '41-A&O / J&J — 35 A&O 6s 1939- Morgan Engng 8s 1941—M&N 1st & ref s f 5s ser B 1947—J&J Ref mtge 6s 1955 ser A M&S 98% >74% 74% 87% Monroe Coal Mining 6s 1947 1st M coll trust 6s 1941--A&0 International Paper— 1st & ref s f 5s 1947 ser A J&J 98% 98% 1949.J&D 1948-M&8 11% 11% 123 107 105 6s series B 1943 A&O 6s series O 1946 F&A f Loiillard (P) Co g 7s 1944--A&0 127% 5s, 1951 ...F&A 117% Lukens Steel 5s extend 1955 M&N 88 Manati Sugar 1st 7%s '42—A&O 70 Ceitificates of deposit 75 _— 1st sf 4s 1957 F&A 51% Manhattan Refrig 5%s 1941-J&J 69 Mansfield Min & Smelting— 7s without warrants 1941-M&N / 20 Mfrs Tr Co ctfs of partic in A I ii* { ■ — 133 Martin (Glenn L) conv 11% 11% — 129% 122% Namm & Son 6s 1943 96% ' M&N '. Maple Leaf Milling— 54 m ^ - 40 Hungarian Disc & Exch Bank— 35-yr s f 7s 1963 J&J / 33 Hungarian-Italian Bank Ltd— Sinking fund 7 Ms 1963—A&O / 32 Hygrade Food Products Corp— 1st & ref 6s Jan 1949 AA&O 6s 1949 series B J&J Ice Service 1st 6%s 1937 93 J&D 1st 6%s 1939 -J&D 70 Illinois Steel deb 4%s 1940--A&O 107% Ilseder Steel mtge 6s 1948—F&A 23 Independent Brewing 6s '55.J&J 109 Indiana Ice & Fuel 6%s A 1947— 71 Ind Limestone inc 6s 1952--M&N 22 Prior lien s f 6s 1942 M&N 84 Industrial Acceptance 4s 1952 J&J Inland St'l 3lis ser D 1961--F&A 102% Interlake Iron Corp— 1st mtge 5s 1951 ser B M&N d 102.8 Conv deb s f 4s 1947 A&O 109 Internat Agricultural Corp—>, 1st & coll tr 8 f 5s 1942-.-M&N 101 International Match Corp— 61% 99% 7s 1944--A&O . 100 101 % 71 61 22 98 46 % 73 73 73 73 31% 101 % 98 66 60% 60% 99% A'42_J&J 93 78% 71% 91% 25 97 108% Logan County Coal 7s 1942-M&N 29% 87 103 % 100% 104% -A&O Long BellLumb 6s 99% 99% Little (A E) Co 7s 1942 A&O f Loew's Inc deb s f 3 %s 1946-F&A fin 90% 4%s Aug 1 *37-,46- 20-yr s f 6s 1947 New 6-4% 1947 io5% 100 F&A 89% 90% Lloyd— 104 % Lion Oil 4%s 1952 19% 1947 Hudson Coal 1st 5s 1962 A—J&D Hud Riv Day Line 6s 1939--M&S / g < Nor Amer Refract 6%s 1944-J&J North German 104% 17 i55" 99 82% J&D North Amer Cement m A&O Gold bonds 5s 1951--- Hollingshead(R M) Co 7s '38 F&A f 25 Holly Sugar 6s 1943 1102 —A&O Home Serv(LosAng)6 %s '42 A&O f Home Serv(Portl, Ore)7s '41 A&O f Houston Oil Co of Texas— Lib by McNeil & Libby— 1st M s f 5s 1942 68 107% —— 101% 6%_gold notes 1938—J&J 105% 2d mtge 7s 1946 J&D trust mmmm — - 6s stamped 1946 Equip Equip _ 1st & ref 5s 1964 1st & ref 5s 1974 Sec f 6s 1946 - N Y World's Fair 1939— 102 42% 42% Leipzig Trade Fair 7s 1953-M&N / 102% Hansa ' 101 -.—F&A F&A F&A - Ask 102% M&N % to 1943 Deb 4s 1941 North Amer Car— 103 / s ——Partic deb 86 Leonard Tietz—See Tietz 103 Steamship Lines— 10-yr 6s 1939 stamped. —-A&O 6s unstamped 1939— Harpen Mining Corp— 6s with warr for Am shs J&J 1 Harris-Seybold-Potter— Conv s f deb 5s 1951—..A&O Hawley Pulp & Paper Co— 1st 6s s f 1946-J&J Haytian Corp income 8s 1938—Hearst Magazines— 6s 1937-1938 M&S Hearst Publica 6 %s to 1947-M&N Heller (Walter E) 4s ww '46-A&0 Helvetia Coal Min 1st 5s '38-A&0 Hightstown Rug 6^sww 1944-_ Hinde & Dauch Pap 5%s '48 M&N a Hines Land & Timber 6s '48--J&J / Hoe (R) & Co 5-78 1944 A&O ' 4%-6%s 1st mtge 1944—A&O Holland-Amer Line 6s '47--M&N f 101% 43 Lehigh C & Nav fund 4s '48 J&J Cons s f g 4%s 1954 J&J Cons s f 4%8 1954 ser O—J&J Lehigh Vahey Coal— 1st & ref 5s 1944 ——F&A 1st & ref 5s 1954 - Deb sf 5s 1947Certificates of deposit / at 5 J&J N Y Shipbuilding 1st 5s Nov 1'46 New \ork Trap Rock Corp— .... Certificates of deposit Lawrence Portland Cement Co— Deb g 5%s 1942 A&O 98% Extended _ Bryant Inc—, Bid N Y L E & W D & I 1st 6s '13 1st M 85 1st conv 6s 1954 with war—J&J ;, 84 46 107 50 100% — 8 f deb 6s 1940 with warr.M&N 198 98 Bonds NYLE&WO & RR— 1st 6s ext 5%% 1942 100 123 / 133 1st 6%s 1941————M&S Lautaro Nitrate Co— 100 45% 106 / 45 Lake Superior Corporation—■ 1st & coll tr gold 5s 1944--J&D Lane Great Lakes Paper Co Ltd— 1st 4s f ----- —— 107 99% Groc •I J&J 1942—k 6%s Feb 1 1947..— 1st 5%s 1961 Debenture 5s 1961 106% 98% Ask ■»> April 1 1946 Lake St John Po & Pr 6%s •28 Goodrich (B F) Deb g 6 1945 J&D 1st mtge 4%s 1956—— J&D Goodyear Tire & Rubber— 1st mtge coll tr 5s 1957-M&N Gordon Baking Co (Mich)—• 5s series B 1945-50 J&D Gotham Silk Hosiery— S f deb 5s w w 1946 M&S Gould Coupler 1st 6s 1940--F&A Gould Manufacturing 6s '42-A&0 Graham Paige Co 1st 6s '38-F&A Graton & Knight 4%s '51--J&D 1st sf 5s ww 1951 Bid Kreuger & Toil— 102 120% 103% 100 mmmm 120% 103% 100% 55 ^111% 96 103 108 28 112% 99 104 11? 31 107% 118% d Called May 1 at 102. This ■.Ik!, INDUSTBIAL 84 • !(/•- •• MISCELLANEOUS BONDS & NOTICE—AH 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 a 95 50. M& S AsS62lt6(l i 111m 112m 102 m Reynolds Met deb 3 Ms 51—J&D Union 7s 1946——J&J / Rhine-Main-Danube 7s *50 M&S f 102 h 98 99 23 m „1h 30 23 m 12 12 18 Ice 6s 1948—M&N / stock 1951--—-— Richardson & Boynton Co Cum income 4s 1945 J&J / '' /•' CO 55 m 55m 58 108 m Conv s f 4s 1952 (new w i) 31 Richm'd Cedar Wks 6 Ms '45 J&J f Richmond Hos Mills 7s 38—F&A / 48 60 Richmond (Va) Ice 6Ms '42.A&0 109 / F&A / Ruhr Chemical 6s 1948 Ruhr Housing 6Ms 1958— St Clair Furnace 1st 5s '39-. 17 A&O / .J&J f .il* 105 F&A St Joseph Stock Yds 5s '401.. St Louis Gas & Coke Cori»— F&A 12M • 18 85 J&J 1947-J&J 36M 36M •37 M 37 M 85 X 102 M 6 Ms w w '44--M&N 27 V ' r 102 m 144 30 .... ioIm 103 May 15 1950.M&N Copper & Chemical— B___M&S 6s ser O '44.-M&S Conv 103.16 89 104 72 % 50" 102 m 8 102M 98 M 99 M 99 M United Corps 102 M 103 M 99 M Deb 6 Ms 1941 103 trust 95 U U 103 75 75 U U U S Print & Litho 6s 1950-A&O U S Radiator deb 5s 1938—F&A 99& • ••• U U S Sugar 6s1941 12 Spang Chalf't & Co 1st 5s '48 J&J Springfield Ice 7s 1944Spruce Falls Power & Pap Ltd— 1st 5Ms 1937-45 A&O Staley (A E) 1st mtge 4s *46-F&A Standard Ice 1st 6s 1947 F&A Stand Oil (N J) deb 3s '61—J&D 104 9i" 105 7 * Oorp 5Ms'43-. J&D United Steamship 6s 1937—M&N United Steel Works (Germany) \7~~ 102 M (Alan) Ir & St 6s 1944.A&O 105m 75 98 m 100 6Ms series A 1951 J&D / 22 m 6 Ms series C 1951 J&D / 24 m 6Ms series A 1947— .--J&J / 24 m United Stockyards Corp— 96 m 15-yr coll tr 4 Ms A ww '51 A&O 104 m United Wall Paper Fac 6s 1947.. 71 Universal Sewer Pipe 6s 1938-J&J 55 Utilities Elkhorn Goal 6s 1948 J&J ■ . —J&D 99 m 75 68 72 103 86 -J&J / 156m 1937- —-F&A f 130„ 101 % J&J 162 2d conv income 5s 1962 Woodward & Tiernan Print— 1942 -J&J - A&O York Ice Mach 6s 1947 Debenture 6s 1943 J&D Youngstown Sheet & Tube— 1st M s f 4s ser O 1961 M&N Conv deb 3 Ms 1951 F&A 99% 103 Woodward Iron 5s 1952 161 102% i 166 101M 99 M 101 100 M 100% 153 154 86 SEATS No. Last Sale N Y Stock 95" Exch—1.375S110 030 NY Cotton Exch— N Y Cof & Sug Ex- 450 101 N Y Curb Exch— 550 76 101" Boston Stock Exch- Baltimore Stk Exch . 21m 21m 77 m 14 12 13.500 6.400 32.510 1,400 6,400 5,200 3 410 3,250 5,010 63 250 20 217 83 1,125 3,350 25,000 l"200 l",800 5,000 4,900 2,600 3,000 3,000 6,000 5,500 3.400 4,000 2,250 2,400 125 523 18 2,390 Minn-St P Stk Ex- 106"' Montreal Stock Ex_ New Orl Cotton Ex 500 1,900 1,400 70 200 115 46 175 2 750 125 106 Phila Stock Exch— Pittsb Stock Exch. loo" 101 25 f/80 1,000 46.000 2,000 300 69 55,000 8,000 1,800 200 2,500 2,000 2,500 2,000 48 72 5,000 125 192 160 Minn Ch of Comm. 14.0CO 6.300 250 Kan City (Bd of Tr) Los Ang Stock Exch Mihv Grain & Stk_ 12,000 5,900 8,000 Hartford Stk Exch_ Ft Worth Gr & Cot 101 344 139 Chicago Bd of Tr.-1,549 Chicago Stock Exch 416 50 Cincinnati Stk Ex._ 41 Cleveland Stk Exch 17 Denver Stock Exch 68 Detroit Stock Exch New Orl Stock Ex. J&J -mm* • Wilson & Co— EXCHANGE S Rubber— 1st & ref 5s 1947 ser A 44 85 Willys-Overland 1st 6Ms '33 M&S f 126 107 m 96"" 103 •••• 42m 94 J&J Woodland Farm Dairy— - U S Trucking 89 6 Ms Gtd coll trust 6Ms 105 70 99 75m 100% / M&S / 55 97m 20m 20 m 118 100 m 111m 100 m 92 100m 1940 M&N / 13 1942—J&J / 10 m 100m S Cold Storage (Chg) 6s'45 J&J S Cold Storage (Kan City)— 100 1st sink fund 6s ser A 1946-F&A 100 1st sink fund ser B 1949—F&A S Finishing 5s 1944 J&J / 29 S Pipe & Foundry Co— Conv deb 3Ms 1946—-M&N Coll - 52 1— M&N / United Securities Ltd 5 Ms 1952— U S Bond & Mtge Corp— 70 So'western Devel't 4s 1942—J&J J&J M&N 115 1935.M&N 7Ms 1935Wilcox Oil & Gas 6s 1945 conv Wood 119 113 41 .»••• 45 98m 91 66% ' 53 43 m 21 52 m 85*" / 5 Ms 1943 M&S Wise Lime & Cement 6s '38.A&0 / / Wither bee Sherman Inc 6s 1944- 99 / United Industrial 1st 6s 1945-J&D / 100 Products— 1938-—M&N 1949 Pr lien & coll 7s Jan 99 103.24 106 A&O 1948 Certificates of deposit--Wickwire Spencer Steel Co— 1st M 20-yr 4s ser A 1955--J&J Winslow Bros & Smith— k Ltd inc 5s 1953 F&A 5 Ms series B 7e8* 105 104 H Deb 6s 1940 M&N 29 Whittal (M J) Assoc Ltd 5s 1937. f Wickw Spencer Steel 7s '35--J&J 1st lien 6% notes 1st lien 5s 1962 52 United Drugs 5s 1953 M&S15 United Grain Growers Ltd— 5s series A m 53 M&N 96 109 m 6s May 1 United Biscuit deb 5s '50 100 90% 65 F&A '48.M&N M&N f Whitaker Paper 7s 1942 White Sewing Machine— Sec — 117m 1942 ser A F&A 112 15-yr 3 Ms deb 1952 J&J Union Rock 1st 6s s f 1947—M&S f 40 69 Union Term Coal Stor 6s '39-F&A United Amusement Corp— 99m lstsf 5s ser A 1956--F&A 116 ,83% ior 96% 75" 1945.....J&D 6Ms w w 1944 68M .... f 6s series B 1948 Wheeling Steel Corp— 1st M sf 4Msser A 1966--F&A 122m 108 59 32 ^ Certificates of depositUnion Oil Co of California— •' s 180 99 98 m 19m 53 F&A 1944 Western Steel Prod 6s A Weyenberg Shoe Mfg— 130 96 98 72 M 325 M&N Western Fuel Corp 7-4s '50.M&N Western Newspaper Union— 103 m ^v 6s 3d stamped 72 106% 69 67 M&S f deb 6s 1941 Certificates of deposit 1943--M&N15 deb 6 Ms s Debenture 4Mb 103 m Tokheim Oil Tank & Pump— Ulen & Co—' 52"- 62 5M% notes 1937 M&S 103 M (S D) Co 6s 1945 F&A M Wayne Coal Co 6s 1937 M&S f 96 Webster C&C 1st g 5s '42 op M&S 99 M West Disinfecting 6s 1940 J&J 90 West Indies Sugar 6s 1947.-A&O f 15 W Va Coal & Coke 1st 6s '50-J&J / 1st Tomahawk Kraft Pap 6s '38-A&O / Trask Timber 1st 3s 1944 J&D / 97 M 29% Warren Bros Co— Conv deb 6s 1944 36 •• - 1951 M&S Ticnnderoga Pulp & Paper 6s '40 Tide Water Assoc Oil 3 Ms 1952— Tietz (Leonard) 7Msx-w '46-J&J / Tiiden Lumb & Mills 6Ms'46M&S t 115M 30% m (Hiram)-G & W— 106 Deb 4Ms 1945 J&D 105 Waltham W'tch & Cl'k 6s '43 J&D 96m Walworth Co 6s s f deb 1955-A&O 83 20-yr 1st mtge 4s 1955 A&O 100m Ward Baking 6s 1937 J&D15 96 Warner Bros Pict 6s 1939 M&S 89 H Warner Co 1st 6s 1944 A&O Warner-Quinlan Co— Conv deb 6s 1939 M&S f 50 H f 22 m Warner Sugar Corp 7s 1939 West Chain Stores 6s ww'39 United Elec Coal Cos inc 7s 1946- Conv income 5s 1944 Aaiagi "life#: s 55m 98 Southwest Dairy - 1st M serial 6s 1932-1942-M&S / 29" 106 1st 4s w s 1950—... Southland Ice 6s Jan 1 1949 ■ 3m 4Ms conv deb 1947 107% 82 f 28 m Certificates of deposit f 28 27 m f Vicana Sugar Co 6s 1955 J&J Victor Amer Fuel 6s 1940 F&A f 20 47 Victor Fuel 1st s f g 5s 1953.-J&J Warren Three Rivers Grain & Elevator— Southern United lee Co— ,v ,t: 45" 101m M&S f 5s 1948- Conv deb 6s 1944 ser 103 H — .■ s Corp of Amer— Conv deb 5s 1941 A&O Van Dorn Iron Wks 7s June 11942 Vertientes Sugar 1st 7s 1942.J&D Conv 37 M 38 86 108 102 M 96 Socony-Vacuum Oil— 102 H Deb 3Ms 1950 A&O South Coast Corp— f 93 Gen mtge inc 6s April 1950— Southern Advance Bag & Paper101 Ivv 1st s f 6s 1947 J&D Southern Brighton Mills— 72 1st gtd 7s 1940 -J&D 72 1st gtd 6Ms 1940 J&D 71 Sou Ice & Util conv 6s 1946-F&A 60 Southern Ice 1st & ref 8s '42-A&O Southern Kraft Corp— 99 M 1st leasehold 4 Ms 1946—J&D 21 Sou New Eng Tee 6Ms 1942-F& * 42 lstsf 4 Ms 1967 A&O ' / 1st s f 5Ms ser A 106 112 71 97 102 M Smith & Wesson 5 Ms 1938 Viti•' .... ........ Turner Glass Co 1st 6s 1939-J&D J&J J&J Smith (Howard) Paper Mills Ltd 1st 4 Ms 1951 J&D Smith (L C) & Corona TypewT'rs Deb 2% to 4M % *37 to '46.J&J ' f 36 39 M 114 M&S Simpsons Ltd— 1st & coll 4HsA 1951 Skelly Oil deb 4s 1951 1 55 a; • Truax-Traer Coal Co— Simmons Co 5s Nov 1 ^ vr 51 43 54 38 A&O / 82m s f 6Ms '36--J&J / > 40 Term Warehouse 2d 5s '42—J&J 102 Texas Corp deb 3Ms 1951—J&D Texas Sugar Ref 1st 6s '44--F&A 1 94m Thermoid Co 5s w w 1951--J&D Sharon Steel Corp— Signal Oil & Gas— Conv 6^8 A 1945 M&N Silesian-Am Corp 7s 1941—F&A Silverw'd Dairies 5s '41 to *51 J&J ^A::''ri 46 Tenn Oorp deb Tenn Prod 1st 21 19M 97 H 15-year 3 Ms debs 1951—M&S Sheridan-Wyoming Coal Co— 71 1st s f 6s 1947 J&J 98 M Siemens & Halske 10-yr 7s '35 J&J / 66 Deb g s f 6 Ms '51 with war M&S / / 285 Deb 6s 2930 98 7s 1940 ■ 40 M&S / Tenn 34 '45—M&S 1945--J&J Scripps (E W) deb 5Ms 1943 F&A Scuflin Steel 1st 6s stmpd '41 A&O Securities Accept Corp 5s '46 J&D Seneca Copper 7s 1933 J&J f Servel Corp 5s 1948 J&J ■*: 58"" 100m Superior Steel Corp 6s 1938-J&D Susquehanna Silk Mills— Sink fund deb 5s 1938 J&D / 34 78"" 22 Stampe d_ Schulze Baking 1st 6s Scovill Mfg Co 5 Ms • 52 Symington-Gould Corp and Gould Coupler Corp 1st M conv inc 165 with warrants 1956 F&A 120 Without warrants F&A 100 Taggart Bros Co 6s 1944 J&D \ Taylor-Warton Iron & Steel— / 96 Coll inc 7 Ms July 1 1958 Temple Anth Coal 6 Ms '44-M&S / 14 120 m Tenn Coal & RR 5s 1951-J&J 25 20 -F&A M&N 1st Swift & Co— 1st s f 3 Ms 74 J&J Stamped (July 1933 coup on^ Guar s f 6Ms 1946 ser B__A&0 . 46 41 52 Sugar Pine Lumber Co— 82 M 104 Schulco Co 6Ms 1946 ■ J&J / f / -----k, Struthers Wells Titusville— 41 Saxon Pub Wks (Germany)-- v; 100 Sugar Estates of Oriente— 1st 7s 1942 ctfs of dep 17M )&D JJ J A&O 6s 1954--- A&O IstMsf 6s 1947 ! 96 „ 102 St L Rky Mt & P 5s *55 stpd St Paul Un Stk Yds 5s 1946- ;-v"'" Stamped 1946 Vanadium Ask ~10(P 99 M M&N Walker 100 6 Ms 1943 1 M&N 142 Studebaker Corp 6s 1945-..-J&J 25 Stutz Motor Car 7 Ms 1937—A&O / 164 97 A&O 4Ms conv deb 1951 Shell Union Oil Corp— Bid Bonds Va Iron Coal & Coke 5s '49-M&S F&A 7-4s Stamped 1936 Certificates of deposit 7s unstamped 1936-- 57" 57 m 38 Rueping (F) Leather 6s 1940 - 7-4 s 2d stamped 1940 |f|f| Royal Dutch Co— Deb 4s 1945 with warr 6% notes 1937 Sayre & Fisher Brick 6s Thompson Pap 6s 1942 Strawbridge & Clothier— m Gen & ref 6Ms 1951 111m 89m 65 >> Stinnes (Hugo) Corp— 33 50 Rocky Mtn Fuel 5s 1943 A&O 1 Rolland Pap 1st 5M» A '48-J&D Rolls Royce 7s Sept 1 1937 Roman Catholic Church 6 Ms 1946 Rom Cath Church Welfare 7s 1946 1st extl s f 7s 1945- SA* 46 ffim J&J 1940 f 1947-- -J&D Stillwater Worsted Mills— Deb 5 Ms A 1943. 56 H Riordon Pulp & Paper Ltd—104 M 1st 6s June 30 1942—J&D30 101 River Raisin Pap 1st 6s *45--F&A 69 Roberts & Oake (Chi) 6s '44. M&N Rochester Button Co 6Ms '41A&0 t 102 91 ; Roch & Pitts C & I 5s '46—M&N Saltex Looms Inc ; 98 98 97 Stinnes (Hugo) Industries— M&N / Rima Steel Corp 1st s f 7s '55 - 94 Certificates of deposit Richfield Oil of California— - Stevens & s wo* ' 96 !'a 7s unstamped 1946 2d stamped 1946............. 32 Coll tr 6s 1944 ser A Certificates of deposit Old 5s 1950— Steel Co of Can 6s 27 96 f " • . Stanley Co (Camden) 6s 40 «.— Stanley Orandail 6s 1946--F&A Stanly-Rowl-Clark 6s 1946.-F&A Starrett Corp sec inc 5s 1950 A&O Stern Brothers 6s Kheinelbe 6s with i 123 m 97 m Restigouche Paper Ltd 6s 1948- .. Revere Copper & Brass— 1st mtge 4A£s b f1956--— J&J • 209 97 97 m 125 96 m J3 1961.F&/ Gen mtge 4 Ms ser C 1956 M&N Purchase money 5 Ms 54-M&N island • 206 Gen mtge 4Ms ser Rhode '■Ask'-: Valvoline Oil 7s 1937 Republic Motor Truck Co Inc— Deb 6Ms 19137 with warr__J&J Republic Steel Corp— Gen mtge conv 4 Ms A Bid Bonds Ask Bid Bonds 94 28" 40 68.000 530 13 §1.000 463 8,100 113 97 m Washington Stk Ex 105m 500 7",500 8,500 57" 104"" 55" 96 M 96M ti' , «p* 102M. Called April 1 at accrued interest, k Last sale, .. ro-'. -1: iKwf 7- ' , K*'-I.' ■;v.v 'm'i Jv. a 'J. -MA '.'-V f 1 .v •' ?:-V V % " , V '' ~ * ' **" J ..1; • ' if \ " " ';7... 1' ' + Called April 1 at 102. t Price of Wheeling Stock Exchange memberships are Nominal, r Canadian prices, s Sale price, y 80 seats, 70 members. n fixed. 6 Basis. / This price includes l Industrial and Miscellaneous Stocks Ask "Too" 107 % Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue 30% 30$ 29$ Stocks Par Bid 52"* 72 TEXTILE 106^ I STOCKS Northern Mills Algonquin Print-100 .83% ior 96% 90% Par Hartsville Cot Mills. Mfg—100 Mfg 100 12 Henrietta Mills 19 7% preferred Highland Park Mfg. 6% preferred Imperial Yarn 100 ik 60 98 * 18 7%cumprefl00 97 Co 108 100 2 Mfg _ 56% 30 Judson Mills A pflOO Preferred B 100 Preferred Draper Corp Farr 100 100 Alpaca General Cotton * GosnoldM (NB)..» Preferred 100 Prior preferred- — GrinnellMfg(NB)l 00 Hathaway Mfg__100 Kilburn M (N B).75 Luther Mfg 100 Martel Mills r: Preferred 86 83 20% 47* 23% 50 Mooresville 76 Musgrove Cotton 24 Nat Yarn Mills 52 55 36 39 32 35* 36^ 36% Preferred ...100 Neild Mills.....100 Nonquitt M(NB).* Pacific Mills ♦ Pepperell Mfg 100 Pierce Mfg 100 Pilgrim Mills 100 Plymouth Cord.. 100 7% 75 IV* 22 77 22 29" 29% 30% 38% 37 % 128 130 18 54" .....5 126" 123 Notes Sagamore „ 38 25 11 12 125 130 59 61 Mfg (P R) Sanford Mills 100 70 * 66 -76 ' 69 Saratoga Victory Mills * Preferred * SouleMill (NB).100 Wamsutta M...100 2% 43* 39 33 19" 18 Acme Spinning 4 109 Alabama Mills Amer Yarn & Proc 7%preferred.. * 9% 94 101 Anderson Cotton . Mills Arcade Cotton Mills Avondale Mills 5 Beaumont Mfg 7% preferred Belton Mills(SO)_25 Preferred Bibb Mfg 100 Brandon Corp A— & Class B._... 7% preferred Burlington Mills 60 55" 101 100 17 14 81 115" 113 62 59 7 5% 101 105 10 8% preferred 54 52 X Preferred. 13 14 101 104 88 92 140 97 101" 127 132 70 70 76 104 108 56" 60 26 32 2 4 75 135 7% preferred Durham Hosiery 7% preferred Eagle &Phenix—100 Eagle Yarn.. Easley Cotton Mills 109 _ 7% preferred enterprise Mfg(Ga) Erwin Cotton com. « Mfg.....50 13 65 103 100 160 39 44 10 14 7% preferred Rhodiss Mills 7% pf Riverdale Mills pref. 48 v 29 113 116 Rowan Cotton Mills 120 23 27 Kennecott Copper.* 1 Kirkland LakeGold I Lake Sh Mines Ltd 1 Lava Cap Gold Min. Louisiana L'd & Ex 1 101 70 50 Mills ■i 98 28 97" 75 91 103 127" * 100 Cottons. 1.02 12% 40c 59c 39% 23% 23% 4% 4% 128 48 * Preferred 100 5 ___1 Deviceq. Air Reduc'n com..* Apoliance 26 10 108 19 3% 73% 3% 3% 42 85 Vot trust ctfs 11 10 5 Giain class A Preferred * 100 r*. 35 Algoma Steel com.* 21 Preferred 100 Vllegh Steel com * Allendale Corp _* $3.50 Preferred.-* Industries.__ 1 lies & 99c 51 Allied Chem 22 44% 29 31 36 37% 24% 3% 3% 23% > , 91 43% 3% 3% 5 29 lire wing & Distilling Co 2% 40 89 -iv—;* »< 'Sher Allied 75 6% % 1 & Dye 244% Corp * Allied Kid Co com.5 248% 18% ■18 19% 21% 3% 10 * 3 25 . Joseph Lea San Toy Mining Seneca Copper 10 Shattuck Denn Silver King Coal 5 1 24* 16% 5 14% 14% 7c 16% Albany T 190 66% 33% 20c 3% 11 Black Hawk 1% (Bost)lOO Mum Goods Mfg..* Indus 17* '^#K 19% 5% % 1% Leather. 7%.-50 Amalg Sugar..i..—l 5% preferred... 10 Amerada Corp....* Amer Agric Chem (Delaware) Amer Air Lines... 10 Vmerican 4 20 7% 3% 7% 4 Vmerican Liook 100 Amer Box Board-. 1 V.iirake Sh & Fdy— Common— Rights' ibSli-1 5%% conv pf_l0(! 35 a American Can 25 a a 26 a 26 Amer 55 Properties .'1. Am Car & Fdy * 7% preferred-. 1 Of Amer Carmel. ..100 a 8% : 100 a Cent Bldg Tr...100 ChicR ETrus's. 100 a — a 14 City RE T(O)..500 a 7 % preferred.. 100 Canadian _ 37% — p.7 150 i Preferred..'.-.100 « Nominal, - r Canadian price , « ..... , • 62 22 120 - 67 18% 20 A 64 f-l H 128 64% 1% 138 107% '108% i 158 v 156 U- 2 62% 93% 10c 63% 96 1.00 ■M-Khf'-: 10 8 -~3% .. a 29% • 3% 4% 78 Ex-Uiviueu^ . 30 ; 2% 3% 7% preferred R E T (Bos). 100 Bos Stor W'h'se.100 I Par value tfiou. 44 112 Amer C^ntrifngal Last sale 108 42 Corp. 1 Bos Gr'd R'T Tr 100 Boston Wharf 54 106 100 sevprage Bd of Tr Bid Tr. 100 Bo 51 50 Bemberg com.* Vm 96% 28% 28 60 Preferred 3% 4% 108i4 107% 28 6% preferred 8 48 i 7% . "V- ! :r ['■it.-4 29 Am 17% 133% 129% 125% m Vm Bank Note... 10 '¥ A 10% pref 100 P,1 O QC Tt 4 1% 3% 17 - arch.il Class A.....**. 50c 170% 118 132 Ltd 6% preferred-.100 Amal 37 169 Aluminum Aluminum 18 I 82 68% 34% * com Preferred 3% .5 67 % 185 ... 16% 81 * i Vm Bakeries .10 65 Common Alpha Portl Cem. Aluminum Co 4c 1% Develop pref™ Wright Hargreaves Yukon Gold.. % 60% 45c United Verde Ext50c 9c 80 5% Teck-Hughes GM.l Tonopah Belmont. 1 Tonopah Mining. .1 Union Copper Land & Mining 25 Uta