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BUS. ADM. LIBRARY AUG 8 19311 BANK /QUOTATION RECORD 0. KCO. S. PAT. OFFICE JULY IN RETROSPECT Page Page Commercial Financial and Cotton 1 --- -- 8 Hides and Leather 9 Events Iron and Steel Trade Course of the Stock Market 13 13 New - Federal Reserve Bank—Brokers' Loans .15 5 Foreign Affairs.. 16 Foreign Exchange Grain—Coffee—Sugar 8 ...... -.12 Security Issues... 10 Petroleum and Its Products Rubber 9 ........ Textiles.. 9 ..... United States Treasury Financing INDEX TO STOCK EXCHANGE 7 14 Money Market Dividend Declarations ; 11 QUOTATIONS Page Page Baltimore Stock Exchange 57 New York Curb Boston Stock Exchange 58 New York Stock Exchange—Bonds 19 Chicago Stock Exchange 64 New York Stock Exchange—Stocks. 31 Cleveland Stock Exchange 66 Philadelphia Stock Exchange Detroit Stock Exchange 60 Pittsburgh Stock Exchange 64 San Francisco Stock Los Angeles Stock Exchange 41 Exchange 61 59 Exchange ..62 ill'' INDEX TO GENERAL QUOTATIONS Page Page Municipal Bonds— Companies— Banks and Trust 100 -—-— Canadian Exchange Seats Canadian Public Utility Bonds 73 91 Federal Land Bank Bonds .. Public Utility Stocks. 78 Industrial Stocks...... ...92 Railroad Bonds 67 -.81 Bonds Industrial Bonds..... Railroad Stocks 71 ......----.84 Insurance Stocks.............. Textile Stocks Title 111 ... 84 _A.-u.g\ast WILLIAM B. William DANA 84 Guarantee and Safe Deposit Stocks ....84 United States Government Securities..91 Textile Stocks— Mining Stocks -112 Real Estate Trust and Land Stocks...84 Bank— Securities Mill Stocks—see Real Estate Bonds 99 72 ------ Investing Companies Securities Joint Stock Land 93 ...... 83 — — Foreign Government 91 Domestic 111 Domestic United States Territorial Bonds 91 5, 1938 COMPANY. PUBLISHERS Street, Corner op Spruce Street, New York —OF BALTIMORE— * Capital $2,000,000 Surplus and Profits $4,196,364 CINCE 1876 this Company has devoted itself to the management and conser¬ vation of estateg-^specializing the whole effort ^exclusively « I. It is « • 1 I one . • ,v V of the *" i * * few trust i 1 * 1 * companies in the country which has never engaged in general banking, selling securities, etc. Its Directors are: Edwin G. Baetjer. Vendble Baetjer & Howard Charles H. Babcock— Reynolds & Co. William G. Baker, fo-.Baker, Watts & Co. Howard Bruce-*... — Chairman of Board of Balti¬ more George C. CutlerE. Asbury Davis. —. National Bank President of Safe Deposit and Trust Co. of Baltimore *.. .President of United States Fidelity and Guaranty Co. Lyman Delano . ...,. . Chairman of Board of Atlantic Coast Line R. R. Co. Robert Garrett..-....Robert Garrett A Sons Norman James... J. Edward Johnston.. President of James - Lumber Co. Capitalist Blanchard Randall Gill & Fisher Charles E. Rieman Pres. of Western Nat. Bank 1 X BANK .(ICQ* U. .•• COMPANY, In office of Librarian of Congress, Washington, D. C. Office at New York, N. Y., under the Act of March 3, 1879. Copyrifht in 1938 by WILLIAM B. DANA Entered 1928, at the Post Second Class Matter, March 9, as PAT. OFFICE "vn VOL. 11 Bank ' July Quotation Record and The Bank and Quotation Record Is one of the companion publications and U. S. Possessions and Territories; 316.50 in Canada- 318 50 in and Central America South Mexico and Cuba, and Argentina). Spain. (except > 315 per annum within the United States are The subscription year: $1.00 price to the Bank and Quotation Postage outside of United States extra - President the Record is $10.00 Single copies are-sold at . disapproved of efforts the Warning Texas employers against States. among "Cheap wages mean low "cheap labor," the President said: Low buying power means low standards of buying power. means low taxable values and therefore a difficulty in maintaining good schools, good highways, sani¬ tation other and public improvements." per copy Passing through ' Colorado, representatives of 4,000 workers in the Colorado CHICAGO OFFICE—208 South La Salle Street Fuel & Iron Corp. ^presented the President with a petition LONDON OFFICE—Edwards & Smith, 1 Drapers'-Gardensf E.O.- urging him to "be a candidate to succeed himself in WILLIAM B. DANA William Street COMPANY, Publishers, corner some proclaimed the essential interrelation of farm and wages problems living, and that 320 in other foreign countries. a 10, Southern communities to attract Northern industries by low ef the Commercial A Financial Ohronicle and Is issued monfiblyv'~~~--Terms for the Chronicle NO. 8 AUGUST 5, 1938 NEW YORK, V- With the fleet anchored in the San 1940." Francisco harbor wait¬ Spruce Street. New York ing to be reviewed by the Commander-in-Chief, the Presi¬ fc- dent REVIEW OF JULY—COMMERCIAL FINANCIAL AND EVENTS adjourned Congress engaged in instances many its and in political President Roosevelt having concluded back members home with campaigns, less militant speak¬ a ing tour through the West than had been anticipated, and with governmental of Nation the the current industrial activities otherwise quiet, the attention during the past primaries upswing. the and In month the centered was for upon a continued picture industrial point to the extension of the revival to the durable goods industries founded as President . "head of favorable active concerned with 000,000 spending-lending *T" most most The recovery. those were the of one Roosevelt passed left Washington $3,753,- June 21. on on the of well- a bureaus government the effectuation program Democratic the signs for July 7, party" interested vacation a and Act—or through his Andrews, New York State Industrial Com¬ ment of Elmer F. Administrator of the as sea three Early, announced on July 15 the appoint¬ Secretary, Mr. missioner, last to President, the departure and put to is cruise which fishing his Before weeks. observers prospects boarded the cruiser Houston the President on On July 16 world armaments race would be halted. gerous With July 14 offered to join a world disarmament move on expressed the "fervent hope" that the costly and dan¬ and Labor Standards new "wage-and-hour" law. ; primary campaigns under way the Senate Campaign With Investigating Committee indicated on July 15 that investi¬ be would gators Tennessee other and funds abuses possible in and of relief wrongful use of charges into Pennsylvania Kentucky, into sent look to connection the with senatorial races in those States. and Government Fund Allotments as himself in the DeaU reports of industrial revival increasing, New With primary campaigns in the States through which he passed. t agencies moved during the month to direct the allotment With Government the exception of California the primary, where on July 24 Administrator Ickes On funds. July 16 the President declared that he hoped that Senator nounced that the Public Works McAdoo would win, the President, however, went no further funds than projects referring to the Administration-favored candidate "my old friend." In this of Senator Robert J. Barkley, who is Chandler, Oklahoma, "march who along he aided the candidacies manner Bulkley in Ohio and Senator Alben W. opposed in New a Dealer; Senator and ator Thomas defeated Marland Representatives Maverick t "my as Johnson, Jones, friend." old Marland, Marland" man. the (Sen¬ referred to McFarlane and Lanham, In the July 23 primaries, to have been defeated for renomination. the dedication of the peace memorial on speaking at the battlefield of Gettysburg, declared that the issue which Lincoln "restated on JK this spot 75 years ago will be the continuing issue before this Nation so long as we cling to the purposes for which it was founded—to preserve under of each generation the changing conditions the people's government for the people's good." Aside Addresses from speeches at V his on President's Western Trip in the direct political remarks, the President's his numerous stopping places throughout the in which the Federal Government was aiding solution of them. In Oklahoma and Arkansas, on July 9, the President called for the election of liberals to office. At the Fair Grounds in Oklahoma City the Presi¬ dent contended that America needed representatives of the outlook, and that "America calls for government with a soul." The 'President told his listeners to "look beyond the surface of things and into men's hearts." people with a liberal & In a employees that the new program the local radio broadcast from Fort 200,000 to the Works Progress Ad¬ that in Worth, Tex., on said Hopkins Roosevelt has President of what solution Mr. area. for the South is WPA's contribution scribed as the "Nation's No. 1 economic problem." ing a conference of Southern spokesmen de-f In urg¬ in Washington on economic conditions in the do something about it," Presi¬ July 5 to draft a statement of in Roosevelt dent message a Lowell Mellett, Director of the said that the South presents for workers on WPA projects in eight Southern States aver-, Mr. Hopkins announced on July 14 distribution in the autumn. Other phases spending-lending program included expenditures by the United the ordered of the WPA to buy $3,000,000 worth of women's winter coats for of were $10,000,000 worth of men's winter-weight overcoats, the purpose 82,000 workers Supplementing orders already July 14 by Mr. Hopkins. and read by "right now the Nation's No. 1 aging $3.90 a month for about on to the conference, National Emergency Council, In behalf of the South, wage increases problem." economic suits trip were confined mostly to a discussion of local problems and the ways 4 ministration given for about • for announced on July 21 a new work program istrator, the rural South to add South "in order that we may to his Western tour the President, laid by Harry L. Hopkins, Admin¬ not yet begun, harvesting toward of to increase and however, Representatives Maverick and McFarlane appear Previous In order immediately signed. was of rado and Nevada, hut in Texas he individually Y Act Elmer Thomas July 12 in the Oklahoma on worth present job quotas in areas where crops have been The President ignored the primaries in Colo¬ primaries.) $840,941,630 the B. Governor by Roosevelt and of construction work which can be directly under the new PWA program) since the (one-half initiated PWA Administration had allotted construction Governor A. Kentucky by opposed was with as the aid to of an¬ States Housing Administration. On July 15, Administrator, announced that earmarkings Nathan Straus, USHA's commitments to $504,- that date brought 669,000, with about ,$300,000,000 remaining to be used as on the rapidly as cities complete establishment of housing authori¬ ties conforming to Jesse ^ In Jesse the H. face the Housing Act. H. Jones of RFC of the Jones, continuous on " Bank decline Credit in bank credits, Chairman of the Reconstruction Finance 2 MONTHLY REVIEW evidence of a very real solidarity." Responding to a message from President Roberto M. Ortiz of Argentina, President Roosevelt cabled the Argentine President, as tion at what he said "offers concrete Corporation, told directors and managing officers of State and National preserve banks their place in the national scene they must "cease frightening potential through in aiding business and the effective an Warning that unless buyers away." they "did their part" ment and lasting inter-American July 18 that if the banks -hope to on it policy, lending follows: Govern¬ might I am deeply gratified quest of the two parties and so for "the Government to go further into the bank¬ necessary ing business," Mr. Jones urged the bankers to go out friendship and boundaries between Bolivia and real and lasting Inter-American solidarity and of of the existence of a very the ever-increasing insistence on turned down nations that war be abolished application potential borrower and the borrower's loan considered favorably been has by the part of public opinion in all of our from this hemisphere. I desire to take advantage of this historical occasion to RFC, the This treaty offers concrete evidence throughout the Western Hemisphere. ther announced to the Nation's banks that when they have a of peace, Paraguay. this most significant treaty is occasion for thanksgiving The signing of On July 24 Mr. Jones fur¬ banks. the re¬ ably presided over by your eminent Minister have now happily culminated in a treaty Affairs of Foreign and get some of the business that the finance companies have been taking away from that the patient and conciliatory efforts of the Chaco convoked by your Excellency's Government at Peace Conference be extend to your excellency my most earnest wishes for the welfare and prosperity of your agents of the Federal bank hereafter will approach the local great nation and I send you at the same time the assurances bank to obtain its personal regard. participation in the loan. of my warm 1 The message Federal Budget of President Roosevelt, who is on a vacation made public by the State Department at Wash¬ July 23. In Associated Press advices from Wash¬ that date it was stated: at sea, was In the interest during light of manifested was the month. Roosevelt deficit, large the in For this and the Treasury time, Federal the eighth the Administration expenditures, governmental ended budgetary consecutive fiscal the according to an time the with year ington ington figures announcement In issued year, than more the deficit the for fiscal the estimated in his Acting on John W. Hanes Sworn in base as a means Magili's remarks partment of Justice of istration's intention recommendation for of increasing revenue. John as to policies. of tax exemption E. F. will Hanes Mr. j president Roosevelt for future hour important changes proposed in the tax laws. Valley, started on July 18 the public hearings into of Dr. Arthur E. Morgan, deposed Chairman, against his fellow directors, and their denials and counter¬ nessee the charges charges against the former Chairman. Of importance David Lilienthal's admission on July 26 that the TVA still in the red and operating at tricity at the yardstick advantages on interest reasons She it could fix lower rates than the the in of Penalty Taxes on Excess ; Roosevelt on Cruise in , Waters on Judge Adams' injunction covers which has only two markets. advices on July 27. The penalty tax is 50% Galapago all tobacco grown Florida North in Judge Thomas' order applies only to tobacco «' ' of market value of the tobacco. They charged that Congress cannot set quotas or were signed by more than 400 growers. the Federal Government constitutionally for tobacco, corn, wheat, and other crops. Judge Thomas set Aug. 6 for hearing on These injunctions ones were similar to the the injunction he issued. ; obtained in opening the fight against the Kerr-Smith Tobacco Act, which eventually was ruled invalid by the United States Supreme Court. Estimated tobacco crops exceeded the State quotas in both Georgia and Florida. Associated Press coming from the Houston on July 26 said: From far away Galapagos Islands, President Roosevelt today sent greet¬ Warehouses in two Florida and 15 South Georgia markets tonight were jammed with baskets of the leaf awaiting auction tomorrow. ings to Poughkeepsie neighbors who celebrated the 150th anniversary of New York's ratification of the Constitution. of the quotas pending ultimate the other 14 South Georgia tobacco markets opening tomorrow. States Cruiser Houston, reached Charles Island, Galapagos Archipelago, excess warehouses here, but growers were expected to seek similar injunctions for President Roosevelt, who is cruising in Pacific waters on in the \ decision in the litigation. Islands—Sends Greetings to Poughkeepsie, N. Y., Incident to Anniversary of Ratification of Constitution by New York the United 1938 tobacco crop, growers pounding of receipts of tobacco sold in distribution Visits the Circuit Judge Harold W. Adams, of Lake City, Fla., and Superior Judge W. E. Thomas, of Valdosta, granted the injunctions, providing for im¬ directors. Pacific Commissioner. Quotas Imposed Under Agri¬ of the first sales of eve Petitions seeking the injunctions President State . 65% of all films in the United States and and York 27 United Press advices from Valdosta said: 80% to 90% of all quality pictures; 25 of their affili¬ ates and 132 of their officers New as in Georgia and Florida obtained State July 27 temporarily restraining the collec¬ tion of penalty taxes on excess tobacco, imposed under the Agricultural Adjustment Act of 1938. Under date of July joint congressional-executive committee to in¬ and exhibition of experienced wage Industrial Andrews Court orders public hearings, the Government announced on July 20 the filing of a suit against eight of the Nation's major motion from Mr. tobacco vestigate monopoly and the concentration of economic power was formulating a program of action up to the point of companies, controlling the production, an Department. State of On the private companies. Chairman. picture as of long experience in the New York cultural Adjustment Act Morgan filed suit in the Knox County Chancery Court challenging the right of the President to remove him as the Mr. Andrews person had tion chief Previous to the start of the committee's hearings, Dr. A. E. While a previously been head of the Division of Women Industry in the State Labor Department. that the Government's were July 15 named Elmer F. Andrews, Injunctions Granted to Southern Tobacco Growers Against Collec¬ loss in its sale of elec¬ taxes Labor post succeed was a and on was rates and rates York Industrial Commissioner Mr. Andrews was appointed to Commissioner after Frances Perkins retired therefrom to become Secretary of Labor. The wage and hour bill became a law with its approval by the President on June 25. Frieda S. Miller, it was an¬ nounced July 29 by Governor Lehman, will be named to Congressional TVA Investigation Committee, six-day tour of inspection of the dams in the Ten¬ a the work of UnderMagill, who is leaving over law), it was announced by Stephen P. Early, White Secretary. Mr. Early said in a statement that Mr. State the TVA Inquiry Joint The after take House adjuster and . Ex¬ New York State Industrial Commissioner, as Administrator of the new Fair Labor Standards Act of 1938 Cwage and complete its case for ever and New Post Roosevelt considered most Securities Department in the fall to return to Columbia division of the Administration had already or was about to of the the Andrews Appointed Administrator of Labor Standards Act- to immunity question indicated that the legal one of on President Roosevelt Names New Federal and State securities subsequently issued. on The study of the member a University, New York. Federal, State and municipal employees and from interest Assistant Secretary of Treasury—To Be Charge of Tax Policies July 1 took the oath of office as Secretary of the Treasury in charge of tax the Treasury Along salaries of Hanes, as Secretary of the Treasury RosweU Roosevelt's President out carry removal W. Assistant an the report on the legality of the Admin¬ a in * change Commission, submission by the De¬ came the ) V - Secretary and the Treasury's tax expert, indicated 21 that the Treasury might seek to broaden the income tax Bolivia and Paraguay. and the Foreign Ministers of July with Mr. high year Roswell Magill, upward course of the deficit. the consecrates exchanged between Secretary of State Cordell Hull budget message by the decline in business activity "definitely agreement > Other messages were Congress in January, and it is $3,525,639,500 more than actual net deficit for the fiscal year which ended June 30. The President pointed to the additional expendi¬ for the the of the good neighbor consistently sustained by your excellency." to cause said American principles the tures necessitated Pa via President $3,984,887,600, which is $3,035,000,000 President "splendid achievement" would have been impossible international disputes. budget outlook for the next fiscal 12, July on 1938-39 is estimated at FelixfPaiva of Paraguay, Mr. Provisional President to the loyalty to the inter-American principle of pacific settlement of without by cluding debt retirement, or $371,000,000 more than estimated by 'President Roosevelt in his budget message in January. In the President's revised on message Roosevelt said a July 2, it amounted to $1,459,248,000, in¬ on a on The Chief Executive acted as Penalty taxes Honorary Chairman of the Committee for the celebration. cents "On this, tne actual 150th anniversary of the ratification of the Constitu¬ tion by the State of New York at Poughkeepsie," the President said, "I a are fixed at 50% of the market price or 3 pound if the tobacco sold in excess of quotas brings less than 6 cents. send my greetings. "It is interesting to reflect that the lineal successor of the first President elected under tne Constitution sends tnis instantaneous message to his home . Supreme Court county from a United States warship at a point in the Galapagos Islands in tne Pacific Ocean exactly 12 miles south of the Equator. "I hope to be with you all in September at the time of the official cele¬ * Court to Justice Retain Butler $600,000 Directs Western {Missouri Federal Claimed by Kansas City Stock Operators, Pending Government Appeal Yard > . Associate Supreme Court Justice Pierce Butler on July 13 the Federal District Court for Western Missouri bration"' ordered President Roosevelt Expresses Gratification at Signing of Accord by t Bolivia and Paraguay on Following the signing in Buenos Aires on July 21 by the Foreign Ministers of Bolivia and Paraguay of a treaty providing for the submission of the Chaco boundary dispute to arbitration, President Roosevelt indicated his gratifica¬ to Chaco Boundary Dispute | withhold $600,000 claimed by operators until the disposition of a in the Kansas City stockyards case. Kansas new City stockyard Government appeal Last April the Supreme Court invalidated rates proposed by Secretary of Agriculture Wallace for stockyard operators, and on May 31 ruled that it would not reverse its decision. Justice Butler's ruling ; described was the Washington ad¬ Press United follows in as hours Butler to pleas Assistant announced the for his by advanced stay Attorney General Thurman Federal Judge Leibell in New York Overrules Demurrers to aid^s— legal New Deal chief three Arnold, W. \ Indict* ments Against Union Members — Holds Anti-Trust and AntiRackeeteering Laws Applicable to Labor Unions Where In¬ and a half ruling after listening for two of the Justice De¬ partment's anti-trust division; Wendell Berge, Mr. Arnold's chief assistant, and House confidante. "latal Wallace already had.initiated steps setting aside Mr. Wallace's rate order. The District Court, order gation. The Berge said charges of violating the Sherman Anti-trust Act and the Copeland Anti-Racketeering Law. In the New York "Her¬ ald Tribune" of July 30 it was stated: during the liti¬ $600,000 impounded of the Chauffeurs, Federal Judge Vincent L. Leibell in New York held that those indicted would have to stand trial on last month issued following the high court decision, directing rebate money represented the difference between the rates prescribed ; * Wallace had authority to correct the defect by re¬ Mr. The indictments charge William Campbell and opening proceedings and giving the stockyards operators further opportunity to of the '' Court 12 Conviction Sustains tions New Corporations in Madison Oil Trials—Appeals Taken The guilt of five of 30 defendants convicted last January of midFederal Judge Patrick T. defendants Stone of Madison, Wis., total of s the verdict three and $65,000. ordered supports both the Sherman applicable to labor unions where, He held, further that there was nothing in these cution of Wisconsin reversed its July 21 on filed plan, power dissents State Attorney Authority while court, curtailed will stimulate the the pronouncing of powers the follows: as corporation constitutional to State use in part, opinion, supported by court's January the of because stitutional 4-to-3 a decision in which it it designated the justices, held the WDA was State sovereign was powers reversal a was uncon¬ a is entitled may Interpretations grants State-wide of eleotrical and municipal a researches to general more educational and secure economical the State of the court Boards, The of the to State other private Historical majority John D. organizations, Society, and ' option given Wickhem and on the veterans and Tuesday was Chief Justice written by Marvin B. Itosenberry and Justices Joseph Martin and George B. Nelson. Decision Supreme Is Voids State's Court Unanimous in Holding Act 44-Hour was the nothing in of State Supreme Court, in Governor Earle's Week "The of time on a unanimous "little New Deal pro¬ York State Labor Board Sustained in Ruling Against Metro¬ politan Life Insurance Co.—Directed to Bargain with C. I. O, Union or . have had their cause been just. wages right this in ' contrary to the better thought of those who really best heart the at this interests petitioner." on Steuer of the New York Supreme Court July 26 sustained the State Labor Relations Board in an ization. the Law a affiliate of the Committee for Industrial Organ¬ Justice Steuer dismissed arguments by counsel for company was contending that unconstitutional. the State The court Labor ruled Relations that the law applied to all employees and not to manual workers alone. The Metropolitan Life Insurance Co. revealed on July 6 that it had appealed The against the order by the State Board. company's appeal was brought before the State Su¬ Court on July 7 when Samuel Seabury, counsel for company, argued that the actions of the State Board preme the deprived it of its constitutional rights and set up an inap¬ propriate bargaining unit. After holding an election,; the State Board on June 7 ordered the company to bargain with seek to now enforce against the ' filed by Steel and Tin Work¬ ers of North America, a Committee for Industrial Organiza¬ tion affiliate, as result of the sit-down strike. Orders Examiner Ford Motor Reinstate Discharged Co. to Employees' at St. Louis Plant and Recognise C. I. O. Union Relations Dudley, Trial Examiner for the National Labor recommended Board, on July 7, in an interim the Ford Motor Co., at its St. Louis plant, 192 employees allegedly discharged or refused that report, reinstate jobs because of union activity and participation in a strike 1937. It was believed this week that the com¬ would ask for oral arguments before the full NLRB in an appeal from Mr. Dudley's findings. Mr. Dudley had also directed the company to grant exclusive bargaining Nov. 24, pany rights for its 837 production employees at St. Louis to the United Automobile Workers of America, an affiliate of the time that Industrial for an outside union Organization, marking the first granted majority status in a was Ford plant. ordering Union, labor. they The charges against the Fansteel company were the Metropolitan Life Insurance Co. to bargain collectively with the Industrial Insurance Agents ruling all of they violated the law Committee , Aaron The employer had ' spurned this legal remedy, disregarding all this subject to settle the differences according to their own sense ' Justice ! respect. however, employees, right and justice, Law— gram," prohibited industrial plants in the State from hiring persons to work more than 44 hours a week, or five and a half days. Certain specific exceptions were permitted at the discretion of the State Secretary of Labor and Industry. New inter¬ enforced complete and adequate remedy without cost to them at Board, by the use of which they would have lost a coordinate no on cornerstone [Fansteel company] and thia may be The order is set aside. Unconstitutional June 30, held that the State's 44-hour week law unconstitutional. The statute, which had been termed decision . order by the account we quote: same Tilford E. The (Pennsylvania discharge. It was not employees of hands of the Labor NLRB Pennsylvania for cause reemployed are the Amalgamated Association of Iron, in by been as , WDA concurred such to petitioner procedure. proper "In as just was not employees still have their right of bargaining without the "They had the State matter. organizations. Justice or construed there have Discussing the seizure of the plant by employees, Judge Sparks wrote: of city and conducting a which campaign, who and were not at the time of the finding and From the law appropriations Fair County farm dis¬ use By receding from it3 former position, the court removed all doubt validity work , ownership a for authority it that is those Board. upon assisting munici¬ that the only are appropriation toward • purely local and not a its surveys as looking ^ power. for actively ownership. of use such scope, fund authority will not extend to going into financing as the non-stock, non-profit corporation, a the decision upon and The present appropriated to it by the 1937 Legis¬ this of municipal is information seminate This $120,000 any placed the WDA to the use not establishing in palities opinion, the WDA, receive to but lature, new hold we company Labor ference this Under What the private to corporation. North company's the at said: exercised vote of strike sit-down a September. The Appeals Court ruling was written by Judge Will M. Sparks and was concurred in by Judge Walter C. Lindley. Judge Walter Treanor dissented. Judge Sparks, in his decision (we quotd from the Chicago "Tribune"), for money employees discharged by the Fansteel Metallurgical after Chicago plant on Feb. 17, 1937. The order of the NLRB voided by the Court of Appeals at Chicago was issued last . WDA United States Circuit Court two-to-one decision, the a ment of in progress the State. Fansteel Metal¬ Appeals at Chicago, on July 22, voided an order of the National Labor Relations Board calling for the reinstate¬ Loomis, the promoting public ownership of utilities. The In Corp. S. the officials. legitimate labor union issue in the case. no was of Fair- (Wist) advices, June 21, to the Milwaukee "Sen¬ high strictly the as Fowler and General O. reported, in part, the decision The to specific points. of public utility in Madison tinel" referred Justice John D. Wickhem wrote upon Development the field special Deputy Attorney lurgical Corp. in Voiding Order of NLRB of June 21 validating certain sections of the Wis¬ decision consin often which Justices Fritz, upon According to stated: Chicago Federal Appeals Court Rules in Favor of but in its latest ruling the court limited the proposed State activities. child conspiracy resorted to violence or fraud application of the anti-racketeering law to labor unions and their Mr. Amen said there Supreme Court public opinion, a the indictments, is the first court ruling on who obtained former unanimous decision which had invalidated Governor the such accomplishing the purpose of the conspiracy. General, Reverses Previous Ruling and Validates that prose¬ members was barred where conspiracy in restraint of interstate commerce The New York "Times" of July 30 However, Are Limited "Little TVA," a The decision, according to John Harlan Amen, Supreme Court LaFollette's other act under which it could be argued or any and where those engaged in in Certain Sections of '*Little TVA" Act—Proposed State Activities, The in every respect, holding that bona fide labor union, its officers or a the indictment charged companies. Wisconsin The Union is accused also of using "hijacking" methods to enforce its demands. the Government's position individuals and 15 used violence, these payments whether the truckmen on Anti-Trust and the Racketeering Acts are All filed formal notice trials for new truckmen to their trucks came into intimidation and violence are involved. fined the who by compelling out-of-town Judge Leibell's opinion, set forth in a 24 page memorandum, ' of appeal the following day. The judge fined each individual found guilty $1,000, and each corporation $5,000. He granted outright dismissal to one of the 16 corporations originally convicted and to 10 individuals, and he set aside a Austin Furey. two officers operating a $l,000,000-a-year with members trucking business York, and insisting coercion and raise to Western gasoline prices was sustained on July 19 by 74 of its and the the New York drivers or not. and 12 of 16 corpora¬ conspiracy in hire New York drivers at $9.42 a truck whenever Individuals and Only Five of union racket present their side of the case. Federal Brotherhood of Teamsters International and . by Mr, Wallace and the higher rates previously in effect. Mr. Local 807 of the procedural deficiency which the Supreme Cdurt found to be a defect" in new. a Overruling on July 29 demurrers by Senator Burton K. Wheeler, of Montana, to indictments against members of ' The Administration attorneys said Mr. to correct the timidation Is Involved Cohen, Public Works Administration attorney and White Benjamin V. labor union, and found the company guilty of unfair practices. vices of July 13: Justice 3 MONTHLY REVIEW Aug., 1938] * NLRB National The dated tion Invalidates a Five Closed-Shop Labor Relations Board Contracts on July 10 invali¬ closed-shop contract between five American Federa¬ of Labor affiliates Cleveland, Ohio, and the Electric Cleaner Co., Inc., and ordered the company to reinstate 24 United Press advices under date of July 10, had the following discharged employees with back pay. from Washington, to say, In a in part, about the decision decision relations between the to company cease "to that expected to cease discouraging a1 encouraging membership ... affect the Labor Board and the A. Workers of America, The Board held was ' F. adversely already-strained , of L., the NLRB directed membership in" the Federation and the' United Electrical and Radio in Committee for Industrial Organization affiliate. that the A. F. of L.'s "majority supporting this (closed shop) contract was achieved through unfair labor practices by the company > 4 MONTHLY and the contract was no bar to holding of employees' free choice of representatives." REVIEW election to determine the an and continued: Between 50 and 75 Firm Guilty of Unfair Labor Practices— Orders Reinstatement of 24 with Back Pay—Holds Union Organ¬ " izers May Go As Tlie National Labor Relations Board Harlan Fuel Co., one of the defendants in the Harlan County trials which the Government is prosecuting in Ken¬ tucky, guilty of engaging in unfair labor practices, begin¬ ning in January, 1937. The Board ordered the company to reinstate 24 employees with back pay, and of the Yancey Workmen establishment which said had • ■ National Electric Co. Reinstate to 60 Strikers that said Chicago Hardware Foundry Co. Chicago Hardware Foundry Co. at North which started on June 6, was ended on 111., after pickets from the Committee for Industrial Organization had been routed by tear gas. Those who In Back Pay t Labor Relations Board strikers with In pay. proposed findings of fact sent to the company, the Board said that unless the company complied within 10 days, a final order in the case would be issued. The strike was called in February, 1936, by the International Brotherhood of Elec¬ trical Workers, an American Federation of Labor affiliate. The company was directed by the Board to disestablish the El Paso Company Employees Alliance, it as Settlement The 5% that Labor Mines Board ruled was order against Idaho- unenforceable Appeals in San Francisco by the July 20. on The court dismissed the NLRB's petition for. enforcement of the order holding that gold mining in California is not interstate commerce and that the company therefore was entitled to ignore the Board's order that it reinstate 61 dis¬ Committee Industrial for Organization Chicago Hardware today by Harry Foundry Co. in Scheck, Federal E. strikers would return be to negotiated, become effective Aug. to had ordered June is contract 6 a 10% Monday under he said, with a 1. issue cut, the wage work to 7 over which the by Local 1192 of the Amalgamated Association C. I. O. affiliate. a Strike at Chicago Packing Plants Ends The have with the Alliance. Relations Corp. Fifth Circuit Court of Press 111., said: a Court Holds Gold Mining Company Not Subject to National Labor Relations Act National the Iron, Steel and Tin Workers, company-dominated organization, and said it would invali¬ date any contracts it might Associated strike, ' reduction called was the at announced was working a company strike of said week further the reduction. wage Next strike Chicago Scheck Mr. of of Labor conciliator. Department 5% the of near-by North a end the of July 23 from Waukegan, recom¬ its describing describing advices July 22 on Co., El Paso, Tex., the rein¬ 60 of accept a 10% pay reduction. to with back charged representatives July 20, been assisted and dominated by statement A union automobile carriers. are Chicago, ordered the dis¬ mended to the El Paso Electric Maryland charged returned to work at the factory were called upon, it is said, El Paso Directs The reached, was The union had closed shop contract. a A strike at the the company. NLRB the terms of agreement an C. I. O. Strike Ended at Association,,, Inc., which the NLRB as soon pickets would be withdrawn from the entrance of the company's dock here. Labor leaders said the company operates 17 vessels on the lakes, five of July 5 found the on answered the strike call. men the company violated that Company's Land on United (Press advices of July 16 reported this Department. NLRB Finds Harlan Mine resumption of operations at five Chicago meat-pack¬ ing plants occurred on July 27, following the reaching of an agreement on the previous day between officials of the com¬ pany and union representatives. A strike had been in force at the plants since July 13. The agreement, it is stated, calls for an open shop in the plants and a modified checkoff system under which the companies collect union dues when authorized to do so each month by individual workers. We quote from the Chicago "Tribune" of July 27, which also said: miners. The agreement reached at yesterday morning's conference provides The Board had argued that it held jurisdiction because the that company's gold the terms of the settlement, with the United Packinghouse Workers' Indus¬ the to such transshipped from the San Francisco was Denver Mint but shipments not ministrative acts of the Strike of 6,000 A strike of the court responded: commercial as Government." ad¬ as 7. 7; New York World's Fair Ends at 1939, Inc., returned men to work terms*were not disclosed. under July 19 on The strike had been in progress for three weeks, and had tied up all construction work at the Fair. In announcing the settlement, the New York "Times" of July 20 said, in part: Neither the" settlement would was disclose Fair Concluded by the The New nor conditions under - York Telephone a and,' therefore, ; .7 labor leaders the whom the , Co., the which > a • . party strike ended .. dispute that the to declared was • . caused the was On -• Monday called off statement saying it had no part in the final negotiations unable to give any information as to the terms. evening following Mr. Whalen announced that the conference between representatives a had been New of the Building'Trades Council and himself, and that the workers would work forthwith, 900 Franklin ; : return Three- Philadelphia returned to work they had been strike since June 23. on workers centered about was finally drafted The Philadelphia closed shop. a said was to be after negotiations McCahan A compromise which "mutually acceptable." "Inquirer*' of July 18 outlined The were and closed July 18, after The demands of the clusion of the strike, in part, as follows: The strikers, who accepted a settlement yesterday, the Sugar Refining on completed at the city's the to work six shop the was primary issue with contracts. -These provided for . half ciple . . for overtime, and a * week's 40-hour week, time and a and "employment pool" and establishment of the prin¬ seniority governing promotions wherever possible. The strike at the Edgewater, N. J.; plant of the National Sugar Refining Co. July 21, it company was and settled and work was revealed union on in that a was resumed joint announcement date. A sit-down of started on the at the plant July 15 when the company refused to renew the union contract then expiring. On July 18 the sit-downers were withdrawn in compliance with a demand of the com¬ pany and negotiations between the union, a Committee for Industrial Organization affiliate, and the company began. ThO plant employs about 400 workers. employed by Nicholson ship Co. of Buffalo went back to work Universal on Steam¬ July 16 after a three-day strike. tered into on A compromise agreement which was en¬ the previous day by the company and workers said to have been worked out through the intervention of Conciliator Thomas J. Finn of the United States Labor was years in ago a plant two longer; seniority or were points granted effort to hold off the strike. an These hand. on Cone Textile Mills of Greensboro, N. C.— Non-Union Strike Called, Protesting General Wage Reduction strike of 5,000 employees Greensboro, N. C., ended reached of the Cone Textile Mills of July 15 on between the when an agreement employees and management with the aid of Federal and State conciliators. The strike, which started general wage re¬ July 11 in on protest against a duction ordered by the company, was not sponsored by any union, it is said. In United Press advices of July 15, from Greensboro, as the terms of the settlement were announced follows: No wage reductions to exceed 12%%, and 12%% not to be enlarged. * reductions less of than . 2. No 3. The mills will operate five days weekly for three weeks to compensate discrimination 4. Rent because of strike activity. this week. for company-owned houses be to charged on the basis of time actually worked. British-American Tobacco Co. Loses Suit to Recover in Gold Case— Sought $4,333,000 from Federal Reserve Bank of New Judge Vincent L. July 1 dismissed Ltd., to recover of York, New Leibell in New York York City on a suit by the British American Tobacco Co., $4,333,000 from the Federal Reserve Bank as a result of the company's surrender in August, 1933, of 1,018 'bars of gold in unwilling compliance with the anti-hoarding order issued by President Roosevelt. The sum claimed represented the difference in the market value of the gold surrendered to the bank and the market value after the rise in gold. Strike at Eleven New Orleans Trucking Companies Ended—C. I. O* Members Return A strike to Work by employees of New Orleans trucking com¬ panies, called, it is stated, by the Committee for Industrial Organization, called off was had lasted for Buffalo Longshoremen End Strike Longshoremen live animals Workers End Strike in Federal a Strike Settled at Plant of National Sugar Refining Co. ■ no ' paid vacation, week; vacations with pay of one . respects, it was understood, the agreement approved by the yesterday followed closely the uniform terms achieved in the McCahan Pennsylvania low compared with other packing houses; were for employees who have been with The same paper stated that the companies resumed their purchases of live stock immediately after the settlement was reached. Slaughtering and cutting operations, however, it was added, were delayed a day because the companies had the prolonged after other union and • hardly discussed at yesterday's meeting. were for time lost recognition of the union. In 7: rights and the maintenance of "grievance committees" issues other two big refineries— which negotiations on signed not slightly higher schedule in two a and two weeks for those employed five years, 1. days Pennsylvania plants. Franklin firm, a subsidiary of the American Sugar Co., were the other two companies here agreed to 100% to be con¬ 7%, ; go are complete victory for them than two months. week starting next year was Nine hundred employees of the Franklin more readjustment pf wages, including A Jobs After to a closed shop and the checkoff system, the only minimum working hours of 32 hours a to Week Strike Go. plant at dates back .7 Sugar Refining Workers Return a packing plants where they York strike The contracts points that held up settlement of labor difficulty with the union that by packers several weeks with Grover Whalen, President of the World's Fair, Monday evening. walkout; issued 7, . management affiliate of the C. I. O. an i^, their struggle against settlement whose a Union, companies will enter into contracts, incorporating Packers interpreted the contracts as almost A ended was trial of the five later than Aug. 1 and will remain in effect for one year. two ^ 6,000 electrical and telephone workers at the New York World's Fair, when the "We regard transactions but each one on July 17 after the walkout month and had involved much violence, particularly among taxicab drivers. strike was outlined as follows in The conclusion of the United Press advices of July 17 from New Orleans: United Transport Workers, an affiliate of the C. I. O., tonight called off a month-old strike Organizer Paul "voted at 22 transfer Heide said a companies here. meeting unanimously to terminate their of the strike transport action workers' against the union drayage » and companies return work to Officials of the transfer back any take been latter their • C. started I. 0. \ last had Thursday drayage . [July / the on would had Labor drivers. of the of several drayage com¬ * walked 1 . off had called 14] employees - union, The companies Federation with contracts - . the out, strike, which Yellow Cab a the at < V v ■ ICC Authorizes Eastern Roads to Raise Fares One-Half July 6 author¬ on ' i ' for Export-Import Bank ■ ■ One of those the occasions rare which on some use is found Bank of Washington was reported on July 23. The institution, founded with Federal money in 1934 to promote our foreign commerce, seldom has been active save in definitely political situations, and it appears hat the latest venture will also be-tinged with international diplomatic considerations. Notes of the Haitian Govern¬ Export-Import to be discounted are die next three works Commission Interstate Commerce i ment ■ Cent—New Rates Effective July 25 The i "• 1 Labor Relations Board." strike. on American with * the after Co. here. it II did not indicate whether they companies trucks said union panies. The consolidate to all of the 800 who went or operating The order in for the hearing by the National prepare " 1111 ■ -i job and 5 MONTHLY REVIEW Aug., 1938] four to by the Bank up to $5,000,000 oyer in the financing of a public years,- which will include system projects and other schemes.1 coach fares from 2c. to 2y2c. a mile for a trial period of 18 months. The rates, which are permissive and not mandatory, to be made effective on 10 days' notice. 1 The 25% increase has been estimated to yield $30,000,000 of additional revenue annually, based on 1936 traffic. v ? : The Commission thus reversed its findings' of two months lack not much criticism good part of the money will when it denied the carriers' application for such an in¬ irrigation roads, bridges, It is understood that a ized the Eastern railroads to increase passenger ago, The evidence presented by the roads at coupled with their increasingly critical plight, crease. convinced Commission the that a apparently be should increase the rehearing granted, in line with the recent advance to 3c. mile in Pullman fares, 5% to 10% lifts in most freight rates last March and the increase in coach fares from l^c. to 2c. a mile J Southern lines last November. granted to C. L. Hunter, Chairman of the the Trunk Line rate of 2.5c. effect a department of July 8 that the passenger Association, announced on a mile was forced by order of the Commission two years ago. Mr. Hunter said: The present rate of 2c. * The region takes and in certain No the the region become effective will rate Central Passenger extending the to Atlantic covers the New which territories, Association of Chicago and St. Louis and east Rivers north of the Ohio Seaboard, including also which will remain cars, at 3c. a mile. indebtedness with attention received were In England reply to trade treaty a speaking countries during July, that the negd4-1 rumors between the two great English- breaking down, official statements were made that they merely have reached the delicate stage all of in particular reference to relations between Great Britain and the United States. tiations for such discussions. The war debt on Great which •Britain long has been in complete default also was debated, and a faint official hint supplied that progress is being made toward The adjustment. an pronouncements were studied with great care on both sides of the Atlantic, for it is generally believed that settlement of trade and debt prob¬ lems by long step Britain Great and the United States easily lead to general trade expansion and world to economic saner House of Commons the course of which relations with the than at they are incident in ican trade assurances United the an on a led return of the "have on war been never better merely was an the proposed Anglo-Amer¬ debt default. Countering the trade discussions are near a breakdown, explained that agreement already has been number enormous of articles. "We have exceptional diffi¬ culties," he added, "and they are not yet entirely resolved. There is goodwill on both sides, and I hope we shall not have to wait too long before we can announce that we have finally America can come to an agreement." come to terms Minister said, then the forerunner * announced If the ments and trends tion. of on If Great Britain and the trade problem, the Prime the arrangement well may to be prove policy of wider application. The war debt issue was brought up in the course of the same debate by Sir Archibald Sinclair, Liberal, who urged a political nature House Lords of Government's The debate on July 21 in which he declared that the attitude of debate in the had the Peers been was made rather "perfectly more plain." significant than recent private suggestions in England that war debt questions be settled so that the Johnson Act barrier to borrowing in the United States could be overcome in the some event the but Great as of That war. influential more Britain well Lothian resumed as should her asked as point also be members careful political whether evidence of a was to raised by took the observe engagements. the stand her The Lords, that financial Marquis of token payments might not be tfesire to settle the debt question. In replying for the Government, Lord Stanhope remarked misunderstandings on the subject are hard to avoid, he added that both countries had made "considerable progress." He also said that nothing could be more disas¬ trous to the improved relations of the two countries "than that but to raise this certain of question getting the Atlantic." • a at a moment when we cannot be settlement acceptable to both sides of , ' bonds. dollar can due in large part are to American direc¬ the strictly Washington bank, which of .the ..official ton dwindled to the single bank on special occasions. which has been active only ^ Anglo-German Debt Accord * -' - - ' After long and difficult negotiations between British and German representatives on the external obligations of Aus* tria, an accord was announced in London, July 1, regard1 ing the servicing of such obligations held by Britons. Chancellor of the Exchequer House the in John Sir made the Simon of Commons, and it was gen¬ erally surmised that the arrangement foreshadowed a wider understanding on trade and diplomatic matters between takes to Under the agreement Germany under¬ service modified pay Austrian on external bonds in British hands and to relieve Great Britain of the guaran¬ extended tee certain to debt service return, holdings obligations held elsewhere. In modified with respect to English both German and Austrian Government issues, on was while existing trade and clearing arrangements were ex¬ tended to cover the territory of former Austria. Further negotiations were agreed upon "with a view to increasing trade and improving trade relations." mutual This special agreement between Great Britain and the Reich cized in even "creditors' England, on the ground that it criti¬ was breaks the front." : Wheat Conference The international Wheat Advisory Committee held a London, July 14 and 15, with representatives present from all the great producing countries save Argen¬ meeting in tina. Sessions of the committee have been held from time the last five years, but all deliberations were over eclipsed by the short in United States and by all the world gave the meeting last month unusual interest, but it hardly ap¬ pears that anything was accomplished. The meeting ended subject to recall by our London Ambassador, Joseph P. other circumstances. Kennedy. crops Large the crops Notwithstanding the over difficulties in the enormous of world wheat way whether there the ever control, and the unresolved question yet has been more wheat produced than world actually needed, announcement was made in Washington just before the London meeting startedrthat delegates would our to the cover Wallace this "ever-normal granary" scheme, of Agriculture Henry A. statement, doubtless in the hope urge an world. made Secretary bland that it might impress some of the more easily deluded wheat farmers of the United States. When the Advisory Com¬ mittee met in cated the that stance veltian London, reports likelihood era of a were record would have caused and submitted which indi¬ world harvest—a circum¬ rejoicing in the pre-Roose- that plainly has good aspects even today. Utopian wishfulness was The "ever-normal granary" bit of presented in a on is utilized to supply this be voiced, for Haitian develop¬ projected along with several others to supply an imagi¬ nary lack of banking facilities to handle foreign trade financing. Ordinary private facilities actually proved quite .adequate, and the several institutions projected at Washing¬ chief reference to amortization now was lain contented a been obvious since it The incident again emphasizes, however, prompt action in settlement, but Prime Minister Chamber¬ himself with of modifications Haitian Govern¬ The States. Export-Import Bank to time debate in the a This comment to certain instances which offer come now a foreign policy, July 26, in were given that diplomatic States present.'* treaty and the Mr. Chamberlain reached on general debate a that rumors be arrangements of all sorts. Prime Minister Neville Chamberlain British will toward ultimate stabilization of currencies the world. Such measures, moreover, might throughout purchased in the United London and Berlin. Anglo-American Problems Long-standing problems of trade and intergovernmental ■y be ment's need for foreign exchange lias announcement change is to be made in the present first-class fares good in parlor ; t 2.5c. portions of Virginia and West Virginia. sleeping or where Trunk Line and Potomac Haitian imports in connection with the work will, hovvever, mile for coach travel in the East would take a July 25. England, be expended in payment of native labor, rather than in payment for American manufactures. of but nomics, behalf of the United States United the States apparently Bureau made no conference statement was issued merely wheat great meeting of the group impression, in which was a international The date of left to Mr. Kennedy. Refugee Conference this for the governments \ to suggestions made by President Roosevelt year, delegates of 32 nations assemble^'• at response earlier by A*. G. Black, Agricultural Eco¬ "were requested to give the urgent problem their earnest consideration." the next In of Evian-les-Bains, France, on July 6, to consider the problem of political and religious refugees from Germany and Aus¬ tria. The gathering was imposing but one-sided, for the country that occasioned the difficulties was not represented, and ter Italy also refused to atteijd, possibly because this mat¬ embraced in the Rome-Berlin axis. The United is States, Great Britain and France were the prime; movers for the conference, which also was attended by representatives from most Latin American States and the British Do¬ minions. As the spokesmen from the various participating countries gathered the atmosphere ance was distinctly at vari¬ with the broad humanitarian purposes that called the 6 conference into being. In behalf of the United States, Myron 0. Taylor expressed a willingness to aid, 'but insisted that immigration of the refugees must be governed by the existing laws of the countries of reception. The Earl of Winterton was chilly on the question of absorbing the un¬ fortunates, so far as England is concerned, while Senator Henri Berenger declared that France already had taken / than her share. more The Latin American in part, ait principal result was a visit to France by King George Elizabeth, from July 19 to 22, which evidenced the solidarity of the two great democracies in the face of and Queen response under work an agreement to continue director, who is still to be body is to work hand-in-glove with justified feverish warnings increases against the world the armaments race, reasonable than some of same European affairs and alignments at great length with Pre¬ mier Daladier and Foreign Minister Georges Bonnet These the German annexation of Austria, nations in Spain, criticism of the individual moves hardly seems justified. The arma¬ ments race clearly is a world problem, and no individual nation can supply an answer. The ill-starred series of conversations, which were conducted at times without the were well understood to settlement of European affairs which Mr. Chamberlain ardently desires. The general impression was international political difficulties. That fact load of the taxpayers who are called detracts a voiced by whit from in an Le address at prepared San Francisco review to the harbor there. The the July 14, on formidable his to in must course inevitably lead "We stand ready disaster," Mr. Roosevelt said. tto meet them and encourage them in any efforts they make toward a definite reduction in world armaments." The common to wish in the United States is that it might be safe spend less of but <fwe by condition is not of "Money spent national budget our faced are on on condition, not a we our armaments can does not create "and permanent about on armaments most of the only take out of the present world situation is that the proportion of our national income that that forces, theory—and the choosing,"-the President cbntinued. income-producing wealth," he added, satisfaction armed our a we spend is only a quarter or a third of the proportion the other great nations of the world are These statements response' only by the Great in President Britain, met where sympathetic a the world trend toward armaments increases was similarly deplored on the following day by Sir John Simon, Chancellor of the Ex¬ chequer, Just before the Parliament approved the Govern¬ finance bill, which provides £350,000,000 for defense, Sir John warned that civilization may perish if every coun¬ ment try goes on piling up armaments forever and country has the resources which it will mistake—if ceed see we through," he do not ever. "This of character, courage and history declared. "But make succeed and the world does not no suc¬ in finding some, way to end the folly of this ever¬ lasting expenditure on armaments, then, indeed, the future we shall be preparing for our children is may shudder.' For her one at which we part, Great Britain has seized every opportunity of reducing tensions and making friend¬ ships, because world troubles cannot be solved if the Powers •merely add to the small sums strength, he said. gun that the last century own were with Sir John contrasted necessary for British those now defenses in held indispensable. "My Qyerwhelming feeling," he said, "is one of repulsion and resentment that humanity is really engaged in mortgaging so immense a part of possible Armageddon those resources if its resources when only a so much in might solution could European Peace . All indications toward the goal of pointed to maintaining marked peace in for a be done with preparation be found." progress, Europe by in July, a series British War the passing years Secretary, Leslie on - British the Minister Chamberlain to the Italian Government. Mussolini Premier reported to have used his "influence" to keep such incidents to a minimum, and the intervention proved was Late in July one or two bombings remarkably effective. reported, but the long period of comparative safety for the vessels calmed British tempers. The Italian Government, moreover, supplied indications that modifica¬ again were tions of the Non-intervention Committee program for with¬ "volunteers" from Spain would be ac¬ ceptable, in order to hasten the implementation of the AngloItalian treaty of amity. The effectiveness of the accord drawals of foreign to be the real turning point in European affairs, since the program of the major Powers is to follow up that treaty with an accord between France and Italy, and with similar treaties between France and Germany. The Czechoslovakian toward and Germany and which remains as the Europe, moved steadily adjustment that all too obviously was worked an out far in advance. disclosed in not Britain Great question, great source of trouble in time to , Central The real terms of the settlement were July, and not be revealed in full for may The Prague Government attempted to meet the demands of the German minority by a statute that some come. Sudeten the granted refused to accept Germans equal rights, but the latter basis for discussion. Karl Henlein, leader of the Sudetens, affirmed his allegiance to the German Nazi head. But the diplomatic scene-shifting in Central this Europe even as a disclosed by Premier Daladier of July 12, long before the minorities statute of the Prague authorities was completed in draft France, form. lem early as was as A peaceful and durable solution is in sight, M. Daladier of the Czech prob¬ informed his countrymen, "thanks to intelligent cooperatiop from Great Britain, Ger¬ and many ment plan Czechoslovakia disclosed for on herself."1 The British July 23 that Germany had arbitration of the Sudeten German Govern¬ suggested problem a by Great Britain, France, Italy and the Reich, and it also was indicated that the plan had been rejected because the Czechs . "by ties that The "what may prove spending at this time." When the British rulers left state that the two coun¬ July 24 that the two countries now are united seems to be one general staff and one flag." Minister failed to add "one foreign policy," that was perhaps a matter of politeness. At the start of July the point of greatest danger to Euro¬ pean peace appeared to be in Spain, where British ships were being bombed and sunk almost daily by "insurgent" airplanes that were known to be operating out of the Italian base on Majorca. Such bombings of neutral vessels halted entirely for a time, however, on an appeal by Prime willingness of the United States to realize that their present together weaken." can If as a movement toward disarmament, oft expressed be¬ fore, was reiterated by the President. "We fervently hope for the day when the other leading nations of the world will bound are under lead them sought French support in the gen¬ support on the field. clared delivered Halifax Hore-Belisha, remained in France for a few days and de¬ theme assembled fleet British never British spokesmen. as diplomatic endeavors, in return for the assurances of tries the American and President Roosevelt took world armaments that Lord eral France King George was able to neither lightens the nor experts or secretaries, that general concern Armaments problems, in short, are subsidiary to the world's■' results of benefit world armaments conferences rather suggest that govern¬ ments in consultation likewise cannot solve the conundrum. burdens, time, and that may prove in the end to be even more important than the manifestation of Anglo-French unity. Lord Halifax, the British Foreign Secretary, discussed of foreign ultimate people. The fanfare of the visit could not obscure diplomatic conversations that were carried on at the French of Ethiopia, to sovereigns to France bulked large, was some nations, large and small, now are engaged in hasty to their defense arrangements, and in view of incidents as the Japanese attack on China, the Italian as this impressive. French authorities gave the British King and Queen a right royal welcome, and it is perhaps more sig¬ nificant still that the royal couple was idolized by the which But all to bear the bringing back security and confidence to the first occasion of its kind but also because it was an obvious answer to the journeyings of Chancellor Hitler and Premier Mussolini that have done so much to make the Rome-Berlin axis seem additions upon and since 1914, the pious statements made heretofore by representatives of countries that have been armed to the teeth for decades. warnings in only because not in major thickening succeed shall tendency voiced were of and the intervention to the Chamberlain expressed the belief that "in the end we Mr. by the numerous similar complaints of recent Great Britain and the United States were the last conquest of sense than more report is lighter the Continent there is a relaxation of the tension which six months ago was oppressive." The visit of the British years. makes the recent utterances to atmosphere that throughout Washington and London, during July, but it may be doubted whether any more was accomplished by the latest expres¬ Powers to join able was "the that Europe." armaments of Chamberlain Commons of House Armaments and Peace Amply Neville Minister appointed. The new such existing agencies as the League of Nations organiza¬ tion for aiding refugees. Despite urgings from various quarters, the resolution refrained from explicit denuncia¬ tions, for the group hopes to obtain some aid from Germany in the aim of alleviating the lot of the refugees. toward settlement of the Sudeten Ger¬ a problem of Czechoslovakia, and the tension with respect to Spain was lessened considerably through an "interven¬ tion" by Italy that modified airplane attacks on British vessels in Spanish loyalist ports. At the end of July Prime man permanent a Government for German of transfer and settlement remains to The Evian conference ended with such Chancellor Hitler and Premier Musso¬ could,not possibly mistake, and there was an immediate in* such quarters. Moves were inaugurated by the lini be debated, and will be studied at another session to be held in August. the This visit was a clear warning to the danger. fascist Powers that least Mexico went farthest of all in stating that tech¬ and others also would be accepted. The question of costs sions a The any common States broke this deadlock, diplomatic problems afflicting long period of wavering and appar¬ many After Government assumed once again traditional role of path-breaker in the affairs of Europe. by expressions of willingness to absorb agricultural nicians the continent. ent indecision, the British its v tl settlements of the of that workers. . REVIEW MONTHLY were not to be consulted. Simultaneously with this announcement it was indicated that to the Czech regime to make all appeals had been made possible concessions in order to adjusted.; On July 25 the ant Viscount Runciman, former the problem get nouucement followed President the of that Board Trade, had been of Prague to. mediate the question of dispatched to and Sudeten Germans, with this step. Only the Czechs appeared to be unhappy about the media¬ tion, for they realized that whatever decision Lord Runci¬ man may make will have to be accepted, unless AngloFrench support is to be sacrificed. If the diplomatic pro¬ cedure of the past is any precedent, it would seem more than probable that the actual terms of settlement already have been outlined in the private negotiations of the various France reported was to be in full accord government leaders. i- ' - ; . . Spanish Civil War * Two years of fighting in the Spanish civil war were com¬ pleted in July, with the results still inconclusive, although the insurgent forces of General Francisco Franco plainly hand. Foreign aspects of the war were less during most of July than in the preceding had the upper prominent months, fpr "insurgent" bombings of British and other neu¬ in loyalist ports' wereihalted entirely for a resumed hesitantly late in the month. A appeal to Italy brought about the cessation of on foreign ships, which made.it partly evident that vessels tral and only time, British attacks method of bringing pressure to bear on implementation of the Anglo-Italian treaty of amity. Almost equally significant was a revision of the non-intervention agreement, calling for the with¬ Italy this used England early for 10,000 foreign fighters from either side in drawal of T MONTHLY EEVIEW Aug., 1938] Spain, by the larger neutral nations after that number of troops was withdrawn from the side with the least number of foreign troops.. This practicable, so far as the approach to Hankow from Manchuko is concerned. The invaders therefore confined their efforts of non-intervention the considered as erally agreement was the forerunner of an gen¬ understanding Great Britain and Italy that would lead to early between implementation of the Anglo-Italian pact of friendship, and to the wider-European accords that are desired by the Government. British Yangtze River, with the apparent aims of taking Hankow and cutting off the rail artery from Canton great forces from the outer at Matang was sur¬ mounted late in June only after a long struggle, and the aggressors then moved cautiously up the Yangtze toward Kiukiang, 135 river miles below Hankow. A month of strenuous fighting was required for the capture of Kiukiang, only a few miles upstream from the Matang boom, but the incident is of strategic importance since it assures Japanese control of Poyang Lake and the easiest route toward the great rail artery. The Chinese defenders calmly prepared for another great battle near the populous manufacturing center of Hankow, from which all civilians were ordered. The provisional capital of China is at Hankow, and prepa¬ rations were being made to transfer the Government about 1,100 miles farther upstream to Chungking. On the first anniversary of the war both sides proclaimed their inten¬ tion of continuing the bitter conflict indefinitely. Japanese resources plainly were suffering a strain of increasing severity. Indicative was the announcement at Tokio, July 19, of a foreign exchange revolving fund, to be estab¬ lished through exportation of 300,000,000 yen of gold, to further the importation of crude materials for the failing Japanese export industries. ,, . by which supplies reach the Chinese The boom of sunken junks world. Mexican Expropriations ing most of July, although an abrupt change occurred in the Almost all the resources of the insurgents were concentrated on a drive toward Valencia, which is the key point for the defense of Madrid and fhP area south of that city controlled by the loyalists. Small but steady advances were reported by the insurgents day after day, until it. appeared that the loyalist defense was on the point of collapse. The insurgents reached the outer defenses of Valencia, and took over control of a considerable area in western Spain before the situation changed abruptly on July 28, when the loyalists launched an attack from Catalonia. Lulled by the retreat of the Government forces, the insurgents were unprepared for the attack over the Ebro River, which swept the insurgent positions and drove steadily into the area conquered by General Franco only a few months previously. The loyalist drive from Catalonia continued for three days, before stern resistance was en¬ countered, and the loyalists finally besieged the important town of Gandesa before they were halted. At the end of July the loyalists were on the offensive in northern Spain, While insurgent operations in the southern area were halted final days of that month. reinforcements while were the loyalists still have formidable powers at their command, which well may keep for months to. come. In recognition of circumstance, Great Britain and Italy changed the conflict going the this that terms Italian are expected to treaty of friendship. bring * " into force Anglo- the which Mexico obviously validity. The activities of our diplomatic representatives were confined to bringing the Mexican authorities and the oil companies together for private negotiations, according to the Mexican Executive. Only two days later, however, the State Depart¬ ment in Washington dispatched a firm note to Mexico City on the question of agrarian land expropriation over the last 23 years. The note demanded prompt and adequate compensation for lands expropriated from 1915 onwards, and the illuminating statement was added that the United States Government "cannot admit that a foreign government may take the property of foreign nationals in disregard of of compensation under international law." The proposed arbitration of the question whether Mexico complied with obvious requirements in its agrarian rule the note has expropriations. The bearing of this note on the oil dispute Up to the end of July the Mexican authorities still were puzzling over the answer that necessarily must be made to the reasonable, if much belated, demand of the is obvious. State was the reached, first on anniversary of the Sino-Japanese July 7, new international aspects were obviously disinclined to push matters to the point of hostili¬ ties. This is a distanct change from the attitude apparent both sides somewhat more than a year ago, when Russia obvious test imposed by Japan through shelling of Amur River stations of the Soviet. The latest backed down in an tension took its rise from between Siberia and area Russian occupation, of a small ManchukuOj which long has been The incident, on July 16, was followed immedi¬ usual truculent Japanese representations at Moscow, in which Russia allegedly was informed that lack of a Russian withdrawal "would force Japan to reach a conclusion about applying force." Moscow rejected the demand and the Japanese thereafter toned down their statements and began to talk about a border commission to settle all territorial disputes. On July 31 another border in dispute. ately by the clash was reported, however, with several hundred casual¬ ties, and tension once again became acute.. The real pur¬ pose of the Russian forces in occupying disputed lands re¬ mained uncertain. The international situation of the Far East was clouded additionally through a blunt warning by Secretary, Lord Halifax, on July 27, that "possible action" was under consideration if Japan failed to respect British interests in China, i «. In, the hostilities which the Japanese invaders forced the British upon July. Foreign China, only moderate changes were recorded during Flood waters from the breached dikes of the Yellow V , :r > < : : International mediation of of the most difficult and disputes of Latin America was arranged the incident caused general rejoicing. The July, and in one border stubborn dispute is that over the Gran Chaco, which occasioned a brutal and protracted war that ended three years ago with Paraguay the victor over Bolivian troops. Delegates from countries started to arbitrate the problem neutral im¬ mediately after the war ended, but progress was difficult, apparent in the troubled Far Eastern situation. Fresh tension developed between Japan and Soviet Russia, with the Soviet authorities taking a firm stand and the Japanese on Department. Chaco Treaty and Soon.after "effective payment" should make if international usages have any six .Japan-China-Russia war made formal representa¬ United States Government has not rushed to the zones of danger. indicated clearly that incident The made in July toward by the Mexican Gov¬ ernment's expropriation of $450,000,000 oil properties of British and United States companies, this question re¬ mained under study. In a press interview granted July 19 by President Lazaro Cardenas* it; wasr disclosed that the Although no apparent progress was settlement of the problem occasioned tions for that Military operations in Spain favored the insurgents dur¬ and infantry operations again to mixed naval, air the up with belligerent rights to be granted modification operations on land im¬ make Japanese River continued to on occasions it appeared that Bolivia and Para¬ many This dire contingency was basis of definite settlement was announced in Buenos Aires on July 9, while signatures were might again come to grips. guay avoided, for however, attached to a formal a arbitration Under this accord the two agreement on July 21. disputants agree to arbitration by. the Presidents of the six mediating States—Argentina, Brazil, Chile, Peru, Uruguay and the United States. Presi¬ dential appointees naturally will be the actual arbitrators. When signatures were attached to the treaty, President Roberto Ortiz ot Argentina officiated, and he made much of the practical American system which led to the tentative settlement and the avoidance of further bloodshed. Huge popular celebrations were staged in Latin American countries. r:,. • _ . .... , . ' • • • • ., • , V Steel Trade—Non-Ferrous Metals The steel trade reports that steel operations mated to have averaged approximately are esti¬ 34% in the month under review if the holiday shutdown over July 4 is disre¬ garded, with lower prices of finished steel and pig iron in effect throughout the entire period.. Steel scrap, on the other hand, continued to rise, thus adding to steel-making costs. its Non-ferrous metal quotations issue of "The gain were also higher. In July;28 the "Iron Age" stated, in substance: in operations from the June average rate has Some steel-making districts during the July 26 showed fairly sharp gains,< notably - about 30%. been ended week Chicago, where the rate rose four points to 38%, chiefly because of distribution of steel orders for Southern Railway cars. < In the Wheeling-Weirton area tained, the best in the country. * a 65% rate was Detroit, where steel main¬ opera- 8 MONTHLY KEVIEW tions have been at a low rate for many months, was up to from less than 30%, owing to resumption of some capacity by the Great Lakes Steel Corp. The Ford steel plant is scheduled to resume Aug. 8. Some districts have reduced open-hearth operations temporarily, having built weeks of last year. * They exceeded orders of the 1937 week business was 27% above output in the week ended July 23, while shipments exceeded production by 3%. Output and shipments were, respectively, 27% and 18% lower than during the corresponding week of 1937. National production reported for the week ended July 23 by 6% fewer mills was 1% above the output (revised fig¬ ure) of the preceding week, while shipments were 5% above and new orders were 7% below the corresponding figures 48% up stocks of raw the on steel. increase. Blast furnace operations are also The most important development in the basing point situation is the elimination of the differentials at 12%.- by Gary over Pittsburgh on tin plate, black plate and special manufacturing ternes. Tin plate becomes $5.25 per New coated of the base box at both Gary and Pittsburgh, a reduction of $2 a ton for Western users, while black plate has been 1938, a total of 513 mills produced 201,324,000 feet of hardwoods and softwoods combined; shipped 207,993,000 feet, and booked orders for 256,635,000 feet. Revised figures for the four preceding placed pound base at both centers, a reduction of $3 a ton at Pittsburgh and $5 a ton at Gary. The adoption of the $4.65 Pittsburgh price on manufacturing ternes at Gary brings that product down $2 a ton for consumers in that on 3.15c. a in a These area. the reductions month. followed others announced June. mentum, the week was on July 6 to 2.300c.; 199,220,000 274,657,000 239,678,000 223,298,000 559 200,041,000 192,151,000 206,629,000 regions except Southern Cypress, Northern Pine and orders above production during July 23, 1938. Southern Pine, West Coast, Redwood, Northern Hardwood and Southern California Hardwood reported shipments above production. All Northern Pine reported shipments, and all regions reported production below similar but regions items Southern the in Western this Pine, Hardwood Pine and corresponding week of 1937. West Coast, Northern Pine and Northern Hemlock and orders above those of the reported last year. same week 1 - Hides, Leather and Footwear The First National Bank of Boston, in its "New England from $23.25 to $21.91 a gross ton, was further reduced on July 6 to $19.61, which quotation remained in effect during the rest of the month and compares with $23.25 at the close of July, 1937. Letter," under datq of July 31, discusses these markets as follows: "The fall The operating rate of steel companies having approxi¬ mately 98% of the steel capacity of the industry, accord¬ ing to the American Iron and Steel Institute, was scheduled at 171,986,000 171,018,000 the week ended with 28 197,908,000 136,943,000 Northern Hemlock reported held during the remainder of the month and 2.512c. • a year ago. The "Iron Age" com¬ posite price of pig iron, which had also been decreased on June 198.499,000 Re¬ (Ft.) 520 All latter price compares 543 Orders ceived June 25 ended reduced (Feet) 547 mo¬ many further Shipments (Feet) — July June 28 had been decreased from 2.487c. to 2.350c. on pound, Production 2 July previous) ; to $13.08 on July 12; to $13.42 on July 19, and to $14.08 on July 26, the highest price of the year thus far. The, "Iron Age" composite price of finished steel, a . , Mills > ;v 23, - 16 0—— July week which July No. of Week Ended— July 26 showing a decided im¬ mills." The "Iron Age", composite price of steel scrap continued its advance during the month, rising on July 6 to $12.58 a gross ton (as against $12.08 a for provement > , earlier Miscellaneous The month started out slowly, but gained i , ended week the weeks follow; buying, much of it in comparatively small lots, with a sprinkling of fairly large orders, accounts for the improvement that has occurred in sales, which at Pittsburgh have shown an increase of about 30% over July 16 week. During of shoe plants has been in full swing since run mid-July, and production for the month is expected to be appreciably above June. Retail sales have held up satis¬ factorily, but distributors have hesitated to place forward commitments. The present run, in consequence, should be of capacity for the week beginning July 25, as characterized by a series of repeat orders. with 36.4% for the preceding seven-day Even though period,", 32.3% for the week beginning July 11, 22.4% for the holiday "higher prices generally may not be paid for shoes until 37.0% compared week reorders beginning July 4, and 28.7% for the week beginning June 27. tions 84.3% of capacity. was the highest for The rate for the July to any week since the week placed in September, the prospects of a good operations. "Manufacturers of footwear have as a rule bought enough keep covered on their shoe orders, even though this policy has involved paying a rising scale of prices. In upper leather, the demand for calf and side varieties leather 25, 1938, week beginning Nov. 8, 1937. As are volume points to profitable shoe factory During the last week of July of 1937 steel opera¬ were reported to be at the rate of approximately non-ferrous metals, to has broadened and kid also "Metal and Mineral Markets" during the month reported, in substance, as follows: The increased buying interest in domestic copper that made its of the appearance in the week ended to all shades volume fabricators and independents well repre¬ Copper buying during the following two weeks sobered considerably, sales totaling 5,782 tons for the week ended July 12 and 5,513 tons for the week ended July 19. to general as further advances. prices advanced during Contrary on of the July 27 week lead market at the than their current production May 31 Stocks of hides and leather in all hands were however, because of the sharp rise in the domestic market as against some irregularity in the sensitive world market in Buenos Aires. "While hides continue in close favorable statistical a position, the resistance which shoe and leather quite firm in all directions; inquiry for zinc was good, while tin~ with slightly higher prices, was quiet. The price of copper was increased during was prices have met may indicate the necessity for the hide market to pause until the spread between the raw material and the finished leather has narrowed." the month as follows: On July 1 from 9.12%c. to 9.25c.; following day to 9.50c.; on July 5 to 9.75c.; on July 23 to 9.87%c.; on July 26 to 10.00c., and on July 29 to 10.12 %c., all Connecticut Valley quotations. Lead was inon more the lowest for that date in at least 17 years, principally because of our decrea.sed imports and increased exports of hides. A return to normal imports is likely, active, sales for that period total¬ ing 8,076 tons as against 2,132 tons in the preceding week, 5,041 tons in the week ended July 13, 10,931 tons in the week ended July 6, and 11,567 tons in the week ended the sold Prices increased about 30% weeks, but when resistance to higher levels wTas encountered, the packers were content to take steady prices rather than retard trading by holding out for July 26 and totaled 20t322 tons. undertone in have level of, roughly, 700,000 hides. expectations, the demand for lead in the week The Patent in the course of three ended July 27 was fairly June 29. spring. "Packers affiliated the week ended weights. and have reduced their hide inventories to the more normal sented. Domestic copper sales increased and from the extreme low points Tanners of sole leather report an increased of business with a 10% rise in prices; Tanning operations have increased to roughly 75% of capacity. July 28 -blossomed out during the week ended July 5 to the dimensions of a full-fledged buying wave, sales during this latter period totaling 115,886 tons (as against 32,550 tons in the June 28 week), with both cover have improved the Grains Domestic wheat markets, after a display of steadiness at the creased at the on July 6 from 4.75c. to 4.90c,, New York, and held latter basis to the end of the month. Zinc was ad¬ beginning of the month, developed ward vanced on July 1 from 4.89c. to 5.14c., New York, no further change being reported during July. Tin, which closed at 43.00c., New York, on June 30, showed little variations in a persistently down¬ reaching the lowest levels since Buying for speculative account at the outset of the was prompted by reports that rust had been dis¬ trend, 1933. month covered tory. in with prices numerous The threat of sections insect of the damage spring wheat also terri¬ taken ever, into In view of the burdensome supply situation, how¬ combined with the announcement of a The lumber industry during the week ended July 23, 1938, stood at 60% of the 1929 weekly loan level, 64% operation, the quotations and closed 1% points higher on July 29 at 44.25c. Lumber Movement of production and according to reports to average the of average 1929 shipments, National Lumber Manufacturers Association from regional associations covering the operations of important hardwood and softwood mills. Production was about 58%, shipments about 63%, and new orders about 78% of the corresponding figures of the same week in 1929. Reported production in the week ended July 23, 1938, was the highest of any week of the current year to date; shipments were heaviest except for one week; and new orders were highest reported in 15 months, except for the previous week, which (revised) was the peak for the 1937-38 except for one week in April of last year. ' * / * ■ ' Although the new* order record of July, 1937, was high, bookings in the week ended July 23, 1938, continued the month's record so far of overtopping the corresponding , was account. disappointing increased with bearish on all sentiment slight rallies. new predominated and offerings For the first year of its Agricultural Adjustment Act was faced of the most critical of wheat situations. Moving along many fronts to control the situation, Secretary Wal¬ lace of the Department of Agriculture on July 14 announced a wheat loan program offering to wheat producers cooperat¬ ing with the AAA, Joans on farms from 59c. to 60c. a one bushel. eral The Secretary's announcement came after the Fed¬ Crop Reporting Board of the Bureau of Agricultural Economics placed the indicated wheat crop of 1938 as of 1 at 967,412,000 bushels, or the second largest on record. The Board estimated the probable yield of winter wheat at 715,425,000 bushels, and spring wheat at 251,987,000 bushels." This confirmed the fact that the Nation July would be confronted with On July a considerable 15 the AAA announced a surplus of wheat. national wheat acreage MONTHLY Aug., 1938] allotment of 55,000,000 acresj -the minimum that could be new Farm Act of 1938. This figure com¬ allotted under the pares wheat with around 80,000,000 acres which were seeded to for the current crop. Reports on the probable action of farmers putting their wheat in loans were conflicting. the drastic cut in acreage not a few farmers would be unwilling to take loans because by so doing they would have to comply with the greatly reduced acreage quotas for next year. Thus, in view of the abdve picture, support was lacking and prices continued to recede under pressure of hedging and liquidation. Corn, oats and rye, aside from occasional short-lived rallies, likewise moved downward. The corn-growing season Many were of the opinion that in view of to date lias been somewhat unusual, owing to very few com¬ plaints regarding the crop outlook. According to present indications, the crop has made favorable progress and a In Chicago the Septem¬ good-sized production is in prospect. (July 31 75%c. on July 1. At Winnipeg the October wheat option closed on July 30 at 76%c. as against an opening of 80c. on Monday,' July 4. (Friday and Saturday, July 1 and 2, were holidays in Winnipeg.) September corn in Chicago closed on July 30 at 56%c. compared with an opening of'58%e. on July 1. September oats closed at 23 %c. as compared with an open¬ ing of 25%c. on July 1. September rye closed at 46%c. as compared with an opening of 51*4c. on July 1. option for wheat closed on July 30 at 07%c. a Sunday) as against an opening price of ber was Sugar Fluctuations in / confined The action of the International Sugar halt. Council, meet¬ ing in London, agreeing to a 5% cut for the second quota ending Aug. 31, 1939, and estimating consumption re¬ year quirements in the free market at 3,000,000 metric tons with an additional 150,000 metric tons as a margin for contin¬ gencies, was be much to the of local markets has been which Cuban of market raw at but did not prove to plain that the key the "invisible supply" situation favorably, interpreted a It factor. was abnormal was levels for some time. Sales consisted of the during the month sugars On July 11, August following, all c. & f. exclusive of duty: shipment at 1.85c.; on July 13, August shipment at 1.94c.; on July 14, August shipment at 1.95c. and 1.92c.; on July 20, prompt shipment at 1.92c.; on July 21, August shipment at 1.92c. and August shipment at 1.90c., The wholesale list price for refined, immediate delivery, was quoted by all refiners at 4.50c. to July 13, when a range of 4.40c. to and on 4.50c. 1.90c.; July 27, on July 28, August shipment at 1.88c. was quoted, at which levels the prices continued dur¬ ing the remainder of the month. ' Coffee taking, the markets for coffee "futures" ruled firm for the in part during the past month, reflecting an improvement the demand for the "actual." Buying was encouraged by bullish advices from Brazil including private estimates of a 30% reduction in the Sao Paulo crop due to adverse rains an and winds. Should actuality it would the latter mean estimate prove to be that the crop would be reduced to around 11,000,000 bags, making it the smallest crop since 1934-35. Roasters were more aggressive buyers at times, while there was also an interests. increase . in outside speculative . 10%@10^4c. Oct. 30 (Oct. 31 was a Sunday), the same as Sept. 30; 10y8c. Aug. 31; 10y2@10%c. July 31; 10%c. June 30, the same as on May 29 (May 30 fell on a Sunday and May 31 was a holiday) ; 10%@10%c. April 30; 10%c March 31; liy8c. Feb. 27, and 10y2@10%c. Jan. 30. No. 7 Rio was quoted on July 30 at 4%c., the same as on June 30 and May 31, against 4%c. April 30; 5%q. March 31; 5%c. Feb. 28, the same as Jan. 31, against 6^4c. Dec. 31, the same as on Nov. 30; 9c. Oct. 30 (Oct. 31 was a Sunday); 9%c. Sept. 30, the same as on Aug. 31; 9%c. July 31, the same as on June 30; 9%c. May 29; 9%c. April 30; 9%c. ■ 9%c. Feb. 27, and 9%c. Jan. 30. •. •;<•* Crude Rubber r \ after an early irregular trend, developed increasing strength, and prices closed near the highest levels. 1 Profit-taking and a less buoyant tone of the security markets accounted for the early reaction, although factory rubber, an approximately 6% over the previous month, and a decline in domestic stocks from 299,720 to 294,566 tons. An additional constructive factor was supplied by - the increase of monthly tire statistics of the Rubber Manufacturers Asso¬ ciation revealing a decrease in tire inventories during June notwithstanding a fur¬ of tires. Although some disappointment was caused by the decision of the International Rubber Regulation Committee on July 26 to postpone action on the fourth-quarter export quota whereas the belief had been prevalent in some quarters that the current 45% quota would be maintained for the remainder of the year, the ensuing reaction was. of short duration. Ribbed smoked sheets for spot delivery were quoted at 16%c. asked July 30 against 14%c. asked June 30; ll%c. asked May 31; 10%c. asked April 30; 10% c. asked March 30; 14%c. asked Feb. 28; 14%c. asked Jan. 31; 14%c. asked Dec. 31; 15%c. asked Nov; 30; 15 ll/16c. Oct. 30 (Oct. 31 was Sunday); 17%c. Sept. 30; 18%c. asked Aug. 31, the same as on July 31; 19%c. asked June 30; 20%c. asked May 29; 21 3/16c. asked April 30; 26%c. asked March 31; 22c. asked Feb. 27, and 21%c. asked Jan. 30. amounting ther to over 1,000,000 tires, in gain the production monthly ''' '.j \ i'' » •• i : \: Textiles \ : . > their gradual improvement, although during the latter part of the month seasonal ences tended to slow down activities. Retail trade influ¬ early favored by good weather conditions, the strength in the security and commodity mar¬ kets, and the generally improved outlook for nearby trade developments. Later in the month seasonal influences and rainy weather prevailing in many sections of the country put a damper on buying activities, with the result that the margin of loss in sales as compared with last year again widened. Wholesale business turned quite active during the early part of July as the better flow of goods in distributive channels caused retailers as well as jobbers to add to their commitments, both for nearby requirements and for the fall season. Numerous price advances on staple in improved considerably, July ^tems were announced, and predictions were made that a tight, delivery situation may develop in some divisions. Subsequently, however, activities declined somewhat as reports of a slackening pace in the recovery, though largely due to seasonal factors, caused buyers to resume their cautious attitude, particularly with regard to forward pur¬ chases. Raw cotton in July at first continued its upward trend, reaching new highs for the movement. Later, how¬ ever, a reactionary tone developed, and prices receded to the lowest point since the middle of June. Favorable fac¬ tors early in the month were the continued strength in the security markets, the sustained demand for cotton goods, and reports from the South stressing the extent of this year's weevil infestation helped by excessive precipitation particularly in the eastern part of the belt. Later in the period, as the tone of the security markets grew irregular, more attention was given to the unfavorable aspects of the statistical situation as well as to predictions that the size of this year's crop would exceed early extremely low esti¬ mates by a considerable margin. 'With the July Govern¬ ment acreage report well above previous private estimates, and with weather conditions in most parts of the belt grow¬ trade predictions mentioned crop fig¬ ures ranging from 10,500,000 to 11,500,000 bales, whereas earlier in the season guesses below 10,000,000 had been cir¬ culated. Further depressing factors were the slowing down in the call for gray cloths, in the face of a slackening in production curtailment measures on the part of the mills, and the realization that the world carryover of Amer¬ ican and foreign stocks at the end of the cotton season is likely tp exceed 23,000,000 bales, or approximately 5,000,000 more than the previous high record established in 1932. Spot cotton here in New York rose from 9.01c. July 1 to a high of 9.21c. July 6. After declining to 8.64c. July 16, the price rallied to 8.92c. July 23, but a subsequent reaction carried the quotation to a low of 8.67c. July 28, with the No. 7 Santos was quoted on July 30 (July 31 was a Sunday) at 6^@6%c., the same as on June 30, May 31 and April 30, against $%z. March 31; 8}$@9c. Feb. 28; 7%@ 7%c. Jan. 31, the same as on Dec. 31; 7%,@7%c. Nov. 30; March 31; the ing more favorable, ; Aside from temporary occasional reactions, due to profitmost The subsequent in fairly good volume. upturn in prices developed as a result of the release of United States consumption figures for June showing The textile trades continued "futures" markets during the the sugar were buying continued ' within comparatively narrow limits. After displaying firmness during the greater part of the first half of the month, the final tone became easier. Although sentiment appeard to be slowly improving in the sugar trade, there was considerable pessimism because of the large supply outlook. During the early and middle part of the month there was an improvement in the demand for sugar on the part of refiners. Refined withdrawals were heavy because of the warm weather and the strike involv¬ ing employees of three Philadelphia refineries. Refined consumers feared that the possibility existed for the strikes to spread, and there were rumors of possible labor troubles for the New York refineries. Thus, refined consumers did not wish to be caught short of refined sugar and made2 liberal purchases. ' However, selling attributed to Cuban" interests developed and the advance in prices came to a month past 9 REVIEW for price at 8.72c. July 30. Print cloth at Fall River 64x60's was marked up July 6 from 3%c. to 28-inch July 9 to 3%@4c., at which figures it re¬ rest of the month. The price of 27-inch cloth 60x64's was 3%c. July 30, compared to 3%c. June 30, while Osnaburgs were quoted at 6%c. July 30 as against 3%c., and on for mained the §%c. June 30. The report of the July 14 and covering the month cotton consumption in the United below last Census Bureau, issued of June, showed that States, while still far year's figures, again improved moderately as com¬ pared with the previous month. The amount consumed in June was given as 442,742 bales of lint and 56,106 bales of linters, as against 425,684 bales of lint and 60,464 bales of linters bales The active in May, 1938, and 680,521 bales of lint in June, 1937. and 67,519 of linters woolen fashion. goods market started Stimulating factors the were month the in fairly better flow goods in distributive channels and reports of large Gov¬ purchases calculated to improve the inventory po¬ sition of a number of clothing manufacturers and causing some of the latter to enter the market orj an important scale." Scattered price advances served further to induce of ernment 10 MONTHLY REVIEW purchases by to users replenish depleted supplies. "that the jury was in a position to make the complete and critical study of the proof as it applied to each defendant Later in the month activities slackened somewhat, owing to less favorable reports from retail clothing centers. Trading in women's wear fabrics continued fairly active, with prices showing is steadier trend. a $1.50@$1.55 Dec. 31; 31 was of the 20-22 (Oct. a the deniers Japanese crack double quoted at $1.69@$1.74 July 30 (July 31 was a Sunday) against $1.67@$1.72 June 30; $1.48@$1.53 May 31; case In • • t • ■ • The domestic petroleum industry started the second half 1938 in perhaps the best statistical position for many months, although the foreign angle remained chaotic, with no Mexican picture. constructive developments in the jumbled President Cardenas continued to hold to policy of refusing to consider cash payments $450,000,000 of American, British and Netherland erties seized in his Administration's March order. the the the of Frank Phillips, believe certain expropriation defendants have not had consideration of an their reason to adequate sepa¬ ordered a new defense," and which included Standard of Indiana, Bhrnsdall Refining, and the Cities Service Co., as well as the following individuals: H. E. Brandi, Vice- . be trial production crude oil in the United States, which has been steadily declining due to the curtailment policy in effect in the major oil producing States, sank to Standard Judge Stone also ruled that there "was good oil prop¬ rate \ Daily • for of several Skelly Oil; of his aid Indiana; W. C. Skelly, President President Phillips Petroleum; Allan Jackson, Vice-President Standard of Indiana; Dan Moran, President Continental; C. L. Jones, Vice-President Socony-Vacuum; B. S. Reid, Division Manager Chicago Socony-Vacuum; A. V. Bourque, Secretary-Treasurer West¬ ern Petroleum Refiners Association, and one company, the Globe Oil & Refining Co. of McPherson, Kan. ' Petroleum amd Its Product« July bringing the The dismissed," including in this decision the presidents companies which were fined. Listed in this classification were: ? Harry M. Dawes, President Pure Oil; Jacob France, President Mid-Continent; E. G. Seubert, ■ : "It has taken the with no President 1 it ments of ■ - do announcing his "there is $1.57@$1.62 April 30; $1.48@$1.53 March 31; $1.59@$1.64 Feb. 28; $1.48@$1.53 Jan. 31, the same as on Dec. 31, against $1.49@$1.54 Nov. 30; $1.59@$1.64 Oct. 30 (Oct. 31 was a Sunday); $1.62@$1.67 Sept. 30; $1.79@$184 Aug. 31; $1.78@$1.83 July 31; $1.85@$1.90 June 30; $1.73@$1.78 ' to ruling, Judge Stone commented that substantial evidence in the record fairly tend¬ ing to sustain the verdicts of the jury, and as to these defendants the verdicts will be set aside and the indict¬ extra, were May 29. briefs. continued:, ing, Skelly Oil, Socony-Vacuum, and the Wadhams Oil Co., a subsidiary of Socony-Vacuum, Milwaukee. Jan. 30. In and He time jury, acting in an effort to do justice, did get the larger view of the case, and is to be commended for its handling of a most difficult problem." The companies penalized the maximum five of $5,000,, in contrast to the $1,000 fines for the executives who were liable not only for this maximum but also to a jail sentence of one year, included: Continental Oil, Empire Oil & Re¬ fining, Globe Oil & Refining, Phillips Petroleum, Mid-Conti¬ nent Petroleum, IPure Oil, Shell Petroleum, Sinclair Refin¬ $1.55@$1.60 Nov. 30; $1.71@$1.76 Sunday); $1.86@$1.91 Sept. 30; $1.85@$1.90 Aug. 31; $1.82@$1.87 July 31; $1.89@$1.94 June 30; $1.77@$1.82 May 29; $1.77@$1.82 April 30; $1.97@ $2.02 March 31; $1.80@$1.94 Feb. 27, and $2.00@$2.05 30 doubtful." considerable a record Japanese double extra 13-15 deniers were quoted July 30 (July 31 was a Sunday) at $1.79@$1.84 against $1.76@$1.81 June 30; $1.56@$1.61 May 31; $1.62@$1.67 April 30; $1.55@ $1.60 March 31; $1.65@$1.70 Feb. 28; $1.65@$1.70 Jan. 31; Oct. least at court average lowest given this President Cities point in 18 months during the initial week 3,058,550 barrels. At this level it was more than 340,000 barrels under the July market demand estimate of the United States Bureau of Mines. As Texas operators took advantage of the six-day produc¬ tion week, the daily average output rose later in the month Board, Service Export; Vice-President but at group, in July, when it was off to time did it no of the E. Bureau's estimate. ; The 12 consecutive weekly declines in stocks of domestic foreign crude" oil held in the United States carried the r latest more than three months them ago that stocks stood in at 308,COO,000 barrels, but ,the decline that set in break through the 300,000,000-barrel level early June, the first time in more than a year With1 Texas probably going back on a seven-day produc¬ tion^ basis during August and other States loosening up on be proration schedules, it appeared; likely July that within the near future there should upturn in inventories of crude oil. Demand has to an 1937 this year run ahead and 1936, with the of the export record-breaking market moving years low holdings of crude oil, will move are to reverse that the raise was due to price. some gravity and above, with the new price sched¬ ule ranging from 91c. for 27 gravity to $1.68 for 48 gravity and above. On July 8 the Ohio Oil Co. cut Grass Creek higher levels than daily market demand for crude oil during estimated at 3,438,100 barrels, which is 40,000 was barrels above the July forecast but the quality of the original posted Increases ranged from 7c. for 27 to 27.9 gravity down to 4c. for 48.9 the and Elk average August the improvement in of the crude since the establishment currently ruling. The Pure Greeley fields in California from 4c. to 7c. a barrel, rated according to gravity. The announcement said higher for the first half of the current year. between production and demand is expected to be gradual, but it is certain that producers, faced with the trend and establish their crude stocks at Mid-Continent manager in Canal and of sharply The adjust¬ ment current J. (Price changes again were of small consequence in the Nation's crude oil price structure, with moves confined to local adjustments in various sections. Standard Oil of California on July 9 advanced the posted price of crude their at the close of date Tide O. troleum; R. W. McDowell, Vice-President Petroleum; R. H. McElroy Jr., tank sales oil cq;; that they had been that low. somewhat E. J. Bullock, Vice-Presi¬ W. Judge Stone's ruling pointed out that the court was "com¬ pletely" satisfied with the guilt of the following executives who were fined: C. E. Arnott, Vice-President SoconyVacuum; H. T. Ashton, General Manager Lubrite Division, Socony-Vacuum; P. E. Lakin, sales manager Shell Pe¬ better than saw J. Water; E. L. Shea, Vice-President Tide Tuttle, tank sales manager Empire; J. W. Warner, Assistant Vice-President Tide Water; C. B. Wat¬ son, Vice-President Pure Oil. 289,312,000 barrels during the week ended July statistics available ftrom Washington at month-end. The July 16 total was within striking distance of the 17-year low set in January of last year. It was only A' little Indiana; Continental; A. H. McGuire, Chairman of Wadhams; I. A. O'Shaugnessy, President Globe; Reeser, President Barnsdall; Noel Robinson, Vice- Water; total off to the B. President and 16, of Carnes, Vice-President Sinclair; Alexander Fraser, President Shell; H. D. Frueauff, Vice-President Empire (Cities Service subsidi¬ ary) ; A. M. Hughes, sales manager Phillips; H. J. Kennedy, closer than within 50,000 barrels come Standard dent rel. Basin, Wyo., crude oil 25c. Earlier in the month the a price of Somerset grade crude oil 10c. 275,000 barrels less than actual production in the like 1937 period, Recording to the monthly market demand forecast of the United States Big Sandy due to oil, and competitive barrel to $1.05 Ashland a Oil Co. a bar¬ cut the barrel to $1.32 for $1.40 for Kentucky River production, marketing conditions. Standard of Bureau Louisiana at for crude oil of 25 gravity and less of Mines. ' Foreign crude runs to stills were set 2,500,000 barrels, which is 100,000 barrels more than the July estimate. The crude oil export basis was advanced 600,000 barrels from July to 7,700,000 barrels. The esti¬ mate for fuel and losses was cut 200,000 barrels to 2,300,000 barrels. One /; :v. • v. .v phase down a decision ordering 12 major Mid-West units to pay the $5,000 maximum fines and levied of $1,000 each on five executives, a total tration of the question of Mexico considers there is nothing to be gaind by arbitration, as the Gover- oil ment previously made known its desire to make indemnities, provided no cash payment was demanded, the President penalties of $65,000. indicated at dent to raise and fix gasoline prices, Judge Stone set aside the verdict as it affected one company and 10 executives and ordered a new trial for three companies and 15 other execu¬ tives. During the trial, which consumed more than 15 weeks, the court eliminated all but 16 companies and officials taken into consideration by Judge Stone, who of the foreign press corps. announced that the Government will Presi¬ reply dispatched by Secretary Hull to President Cardenas reviv¬ ing the question of payment for expropriated farm lands Government seized some time ago and which the Mexican to date has not made any concrete erties. In some oil and diplomatic being said luncheon Secretary of State Cordell Hull next week." The note referred to in the United Press report was one found guilty by the jury of small-town business men and farmers after only a few hours of deliberation. The fact that the jury was "out of the box" for such a relatively short time after hearing 15 weeks of testimony was a Cardenas to the note of companies and 30 remaining expropritaion of American-owned farm lands by the Mexican Government. ruling upon the appeal from the jury's verdict convict¬ ing 16 companies and 30 executives of a criminal conspiracy the initial posting of 83c. a barrel that Mexico will reject the United States demand for arbi¬ In individuals, an produced in the Buckner, Magnolia and Village pools in Arkansas, effective the fol¬ lowing day. For each degree higher, there is a 2c. differ¬ ential with a top of $1.15 for 40 gravity and over. Late in July a United Press dispatch from Mexico City stated (July 27) that "President Cardenas intimated today of the "Madison trials"1 was cleared up on July 19 when Federal Judge Patrick T. Stone, who presided over the, trial of the 24 major oil companies, 56 individual officers of these companies and three trade publications, handed July 6 set on viewed as an expectations payment for such prop¬ quarters, the note was opening wedge in the oil seizure question, and were that a follow-up note question of settlement of the oil properties t forthcoming in the not too far future. bringing up the seized would be At the month's end, , pected diplomatic move. The final week in July also 34c. effect fuel workers. V ruling in the foreign companies' legal verse the With OF THE UNITED STATES the of advent the new fiscal year advanced lc. TREASURY the Treasury Presi-r Roosevelt, in a revised budget estimate, now says will in the fiscal year 1939. dent have to be obtained in the market The new raised was money through the offering by the Treasury on behalf of the Reconstruction Finance Corpora¬ tion of $200,000,000 of the latter's three-year notes and, second, through the resumption by the Treasury in the concluding week of the month of the weekly offering of ad¬ fight against expropriation. ' ' / in the month came the first news of any actual cash deal with the Mexican Government for oil from the discount bills in excess of maturities. . Early t to %c. to began in July to raise some of the new money which Also during the week came Supreme Court had again made an that the news barrel a of Diesel $1.75; advanced tank car prices of kerosene in 4%c. and upped No. 2 fuel oil ^4c. to 4^4c. JULY FINANCING of contention between the office and technical 10c. < . New Jersey advanced New York price 25—Standard of oil ' July 27—Prices of Pennsylvania bright oil stocks were workers' unions and the companies in the dispute which culminated in the seiz¬ ure of the oil properties last March by the State. The increases, however, were 8% to 15% lower than set by the original decree for laborers, and 15% to 20% lower for the , New York harbor the and was one of oil companies, by the foreign gallon. a July announcement in Mexico City by the Mexican Government that a total salary increase of 446,670 pesos monthly had been granted to petroleum workers, to take effect immediately. The in¬ crease is that granted late in 1937 but never put into an saw heating oil and kerosene July 19—New York marketers advanced No, 2 State had not made the ex¬ however, the Department of main points 11 MONTHLY REVIEW AUG., 1938] expropriated properties with the disclosure in Mexico City that the New York and European oil firm of Davis & Co. had contracted with the Government to take $10,000,000 of of 1938. The company will pay 40% cash and 60% in European commodities, chiefly German, but also including some Italian and Swedish. The Davis Co. has about 26 tankers chartered for the move¬ Mexican oil during the balance and British attempt No flags. on At the time it same was market borrowings by the RFC to raise several other open funds for its lending program. The borrowing margin of said, was in excess of $1,603,000,000. On the few previous occasions on which the RFC had raised money directly from the public rather than from the Treas¬ the RFC, it was ury the Corporation had marketed its own out belief disclosed that the Netherlands series of notes regarding the expropriated properties since the confiscation The note sent from the Netherlands Government concerned the seizure of holdings of property July 11 announcement set forth that the Treasury, of the' RFC, was offering, $200,000,000 of the The behalf on decree early this year. Corporation's fully and unconditionally guaranteed both as interest to and principal, cept for surtaxes, estate, inheritance night While shares. Oil Co., a subsidiary of Royal Dutch about 17% of the Mexican Eagle notes from Holland did not demand the The of by the United States and are tax-exempt, ex¬ Shell, controls %% interest. N notes bearing Series notes, dated July 20, 1938, and maturing on July 20, 1941, are not subject to call prior to maturity. The notes are of the Mexican Eagle which securities with¬ using Treasury facilities. Mexico have exchanged a and would stated of $200,000,000 of Italian panies to embargo the shipments will be made, in the of the Davis concern. Government Treasury Department the part of the com¬ oil, most of them flying Scandinavian, ment of the disclosed on July 5 that an three-year notes of the RFC be announced on July 11. At the same time it was that the forthcoming offering might be followed by The offering and gift taxes. On the Secretary of the Treasury Morgenthau the subscription books had been closed on July 11 announced that they reserved the right to make further representations and voiced concern over the fact that Mexico is selling the confiscated oil without wait¬ the offering. ing for the final decision of the Mexican Supreme Court be¬ 000,000 offering of RFC notes amounted to restoration the of properties, appeals of the foreign oil units will be fore which further heard. *r \ 'The Lamp," official house organ of the Standard Oil Co. (New Jersey), held that the March seizure of the oil properties "was not expropriation but confisca¬ tion," and contended that the failure of Government opera¬ tions of the seized properties "after a fair trial period" makes the return of the properties the only solution to be found. "Preceding this move," "The Lamp" argued, "there should be a frank survey of the conditions which led up in An editorial the to the which expropriation will prove equally helpful to companies in avoiding any which have proved to be in¬ Mexican people and the oil of repetition troubles the jurious to the development of an industry vital to the pros¬ perity of Mexico." 1 Price changes in various crude oil fields posted during _ July follow: \ July 1—Ashland Oil reduced Somerset crude oil 10c. a barrel with Big Sandy crude off to $1.32 July 9—Ohio barrel to Oil cut a barrel, and Kentucky River crude to $1.40. Grass Creek and Elk Basin, Wyo., crude 25c. a $1.05, effective July 8. July 9—Standard of California raised the price of crude oil in Canal and Greenley fields 4c. 7c. to barrel, depending upon the gravity, a decline of market during July 7,056,000 barrels in was stocks of finished and gasoline during the June 25-July 23 period to 76,366,000 barrels in response to the sustained gain in con¬ sumption as the Nation's motorists turned to the highways in the usual With summer gain in motor travel. the exception of scattered weak spots where local marketing conditions brought temporary uneasiness into the price lists, bulk and retail gasoline quotations responded favorably to the rise in disappearance and consequent im¬ provement in the industry's statistical position. Stocks as of July 23, latest figures available at the end of the month, were equal to only 47 days' requirements, against 44 days' supplies held at this time last year. In the other branches of the refined products division of interest was divided between the continued rise in stocks'of fuel oils and an advance in price of Diesel the oil industry, in New York to the point where the disparity between this market and Southern points was erased. Strengthen¬ ing of the Gulf Coast market was felt in prices of gasoline and No. 2 heating oils in New York harbor. Representative changes, showing the trend of movements prices in major marketing points in United States during July, follow: in ' in July 5—Standard of Louisiana posted an increise of %c. to lc. a gallon tank car and dealer prices of gasoline in Tennessee, Arkansas and Louisiana, effective the following day. July 13—Standard of New Jersey reduced Eesoheat light range oil 5c. to a gallon in tank car a price war }£c. lots at Baltimore and Philadelphia. July 18—Prices of gasoline slumped l%c. to 3%c. a gallon in delphia in gas New Phila¬ that broke out over the week-end and sent premium Federal $1,438,545,000 of Reserve the alone subscribed for worth. It made known was current fiscal year, July 5 that, beginning with the on the Treasury reports of budgetary ex¬ penditures ceased to include spending of the RFC, the Com¬ modity Credit Corporation, and the Export-Import Bank. The two agencies, it was stated, would henceforth finance its funds from the themselves and the Bank would obtain RFC. ' official Treasury An memorandum stated that the of the change was to simplify the daily Treasury statement and to eliminate confusion and misunderstanding purpose transactions on the change, it should be noted, is to conceal the extent of the increase in the public debt and to put a better, though undoubtedly misleading, face on the budgetary position. In the new dis¬ pensation, presumably, the needs of the RFC are not in¬ cluded in the $2,805,000,000 of new money which the Presi¬ dent says the Treasury will have to raise in the market concerning the effect of such corporations' the Federal budget. One other effect of in the 1939 fiscal year. The Treasury on July 27 issued $100,000,000 of Treasury redeemed $50,000,000 of and time since the last week raised any new money maturities. of bills. It was the first of March that the Treasury had through the sale of bills in excess the desterilization of approxi¬ Following Treasury on April 14, began on April 27 to retire $50,000,000 of dis¬ count bills each week. Except for a lapse of only two weeks mately $1,400,000,000 of gold by the the Treasury again matched maturities, the three months.; Then on July 27 it stepped its offerings up to $100,000,000 a week as against maturities of only $50,000,000. The prospect is, accordingly, that for six weeks beginning July 27 and ending Aug. 31 a total of $300,000,000 of new money will be raised by the bill financing operations. In the first week of September the maturities rise again to $100,000,000 a week, and the in June, when offerings Treasury retired bills for period of offering bills every week in excess of maturities presumably will be ended. The Treasury bill rate hardened during July, with the rate rising from the record low of 0.011% for the bills dated June 29 to 0.059% for those dated July 27. The Treasury revealed on July 2 that the Federal deficit for the fiscal year ended June 30, 1938, including debt retirements, amounted to $1,459,248,100 compared with $2,707,000,000 in the 1937 fiscal year and $4,361,000,000 in 1396 fiscal year. Receipts in the 1938 fiscal year, which were the highest on record except for 1920, aggre¬ the gated $6,241,661,226 as against expenditures, exclusive of debt retirement, of $7,701,000,000. The actual deficit was $370,000,000 more than President Roosevelt had estimated in his budget message of last January. The public debt amounted to $37,164,749,315 on June 30, exclusive of $4,925,000,000 of contingent liabilities. ' ■ President Roosevelt issued on July 12 a revised estimate down to 16c. Federal receipts and of gallon. ending June 30, 1939, in District notes and was allotted $115,202,000 July 18—Akron was hit by price-cutting that pared prices %c. to 2%c. a the $200,$2,626,571,000, 8% basis. The $211,450,000 were allotted on an York bills Feature of the refined products unfinished Acting Secretary of the Treasury, stated July 18 that total subscriptions received to of which with top gravity going to $1.68 a barrel. the Roswell Magill, on expenditures for the fiscal year which he placed the deficit for 12 MONTHLY REVIEW $81,000,000 Standard Oil Co. the period, exclusive of debt retirement, at $3,984,887,600, $3,035,281,600 over the deficit which he forecast in his budget message to Congress on Jan. 5. The (New Jersey)—Morgan Stanley & Co., Inc., headed an underwriting group of 62 members, which publicly on July 7 $81,000,000 of securities of the company. /The issues consisted of $50,000,000 15-year 2%% debentures, due July 1, 1953, which were offered at 99 and accrued interest, to yield about 2.83% to maturity, and $35,000,000 of serial notes (of which only, $31,000,000 were offered publicly), maturing serially from 1943 to 1947, which were priced at par. • The serial notes are to be issued in five series, sach of $7,000,000, maturing on July 1, 1943 to 1947, with interest rates as follows: 1%% for the 1943 maturities, 2% for the seires due 1944, 2M % for the notes due 1945, 2% % for those maturing 1946, and 2M% for the series due 1947. The remaining $4,000,000 of serial notes, representing $800,000 of each series, have been placed privately by the company, at par, but without underwriting discounts or commissions, to the increase of an record Roosevelt deficit 1936 fiscal year. In his that was new of $4,360,600,000 in the 1 budget estimate the President placed anticipated revenues at $5,000,270,000, a reduction of $919,167,000 from the January estimate of $5,919,437,000. He raised expenditures to $8,985,157,600 from the January estimate financed through * / of $6,869,043,000. Of the anticipated deficit of $3,984,887,600,, the President. said, $2,805,000,000 will be $680,000,000 working balance tapped for mated, would the total the through in sale debt the approximately $40,650,000,000. " given in the following tables: , . . Bills Offered bills . July July July ' Amount * 6 1938 Mature- i Oct. 7 1938 July 13 1938 13 1938 92 July 20 1938 Oct. 19 1938 91 days July 27 1938 Oct. 26 1938 91 days July Au?. 2 1938 91 days 3 1938 Nov. 1 Hons 100,000,000 100.000,ooc 100.000.00f Subscript, . Amount Hons June 28 1938 Accepted A verage ' $189,753,000 $100,001,000 99.994 7 1938 210,024,000 100,214,000 99.990 14 1938 21 1938 28 1938 187,824,000 100,124,000 100,224,000 100,315.000 99.986 July July 264,055,000 289 356.00# 99.985 99.984 NEW SECURITY ISSUES $150,415,000 150,291,000 150,445,000 50,050,000 50,021.000 IN JULY , were numerous municipal issues brought out in July, offering in this class was negligible, as to size, and in the aggregate failed to approach other types of financing. Conspicuous among the month's Emissions was the $81,000,000 offering of the Standard Oil Co. of" New Jersey. This was followed by the $30,000,000 issue of the Southwestern Bell Telephone Co. Below we set forth the larger issues brought out in July: but the average PUBLIC 4,000,000 Packard Building, Philadelphia—An issue of $4,000,000 15-year first mortgage bonds has been placed by the Fifteenth & Chestnut Realty Co. with the Travelers Insurance Co. The t interest rate I UTILITY FINANCING $30,000,000 Southwestern Bell Telephone Co.—An issue of $30,000,000 1st & ref. mtge. 3% bonds, series C, of which $28,900,000 is publicly offered, was placed on the market July 14. Priced at 100 and accrued int. and due July 1, 1968, the bonds were .. offered by a banking syndicate of 43 houses, headed by Morgan Stanley & Co., Inc., and including Kuhn, Loeb & Co.. Kidder, Peabody & Co., Lee Higginson Corp., the First Boston Corp., > Brown Harriman & Co., Inc., and Smith, Barney & Co. The $1,100,000 of bonds not included in the public offering will be sold by the company by Aug. 1 to Bankers Trust Co. of New York, trustee for pension funds established by certain companies affiliated with the company, without underwriting discounts or commissions, for an aggregate amount of $1,078,or 98 a unit, exclusive of accrued interest. 15,000,000 Detroit Edison Co.—The company has arranged for the sale to a group of life insurance companies of a block of its series G V bonds, the proceeds from which will be used to redeem the $15,000,000 of 5% series E bonds which have been called for redemption on Oct. 1. Details of the sale of series G bonds . '• * were not disclosed. : ,,, 3,000,000 Northern Natural Gas Co.—An issue of $3,000,000 4M% debentures due July 1, 1948, has been placed privately with notes. ■ bonds due . . with certain exceptions. Adjusted to give effect to the present financing, the com¬ pany's total funded debt as of April 30, 1938, amounts to $37,052,500. Capitalization consists of $23,887,100 of preferred of 775,914 shares of $14,383,208. The common will be redeemable stock having a stated value as an 102 and interest. ,\\ 742,000 Rockland Light & Power Co.—Company hast placed pri¬ vately with institutional investors an issue of $742,000 3H% 1st ref. mtge. bonds, series B, due 1961. Bonds were sold at 105 MProceeds together with other funds, will be used to refund outstanding $848,000 1st mtge. 5s of Rockland Light & Power Co. before Nov. 1 next. INDUSTRIAL AND MISCELLANEOUS FINANCING . - were sold by the Reconstruction Finance Corporation to an account headed by the National City Bank of New York, at 107.15. due serially from 1939 to 1964 incl., were banking group at prices to yield from 0.35% to 3.30%, according to maturity. Five other groups competed for the securities which were included in the grand total of $7,811,000 of municipals awarded at public sale by the RFC on July 12. a price of The obligations, re-offered by the . 4,500,000 Board of Louisiana Administrators of the Charity Hospital of at New Orleans, La., 3.85% construction bonds purchased privately by Halsey, Stuart & Co., Inc., New York, and associates, following rejection of the bids received at the competitive offering on July 12. The group is under¬ stood to have paid par for the securities, which are due annually from 1942 to 196S, incl. The were placed on the market to yield from 2.75% to 3.80%, depending on date of maturity. were 3,413,000 Maryland (State of) certificates of indebtedness, due serially from 1941 to 1953, iacl., purchased by Halsey, Stuart & Co., Inc., New York, and associates, at 100.182, a basis of about 1.48%. Re-offered to yield from 0.60% to 1.60%, according to maturity. I 3,000,000 Fort Wayne, Ind., 3M% sewer revenue bonds were taken by a syndicate managed by Stifel, Nicolaus & Co. of St. Louis, at 1OO.6I6, a basis of about 3.45%. Due serially from 1941 to 1968, incl., with the 1966 to 1968 bonds optional on ana after Aug. 1. 194i. The bankers re-offered the issue on a yield basis or from 2% to 3.35% for maturities from 1941 to 196o, incl.. and 2.50% for balance of loan. ■ 2,500,000 Greenville, Miss., 5H% bridge to B. J. Van revenue bonds sold privately Ingen & Co., Inc., New York. The Public Works Administration has been asked to furnish of the projected structure. presently available. 1,800,000 Syracuse, a gram toward cost Further details of the issue are not N. Y., various purposes bonds were successfully by an account under tne leadership of George B. Gibbons Co., Inc., New York, the purchase price being 100.02 for a combination of $950,000 1 Ms and $850,000 1 Ms, a net interest : cost of about 1.59%. All of the bonds will become due in the period from 1939 to 1948, incl. The lMs, due annually from 1939 to 1948, were re-offered to yield from 0.30% to 1.70%'. the lHs, due from 1945 to 1947, were offered at prices of 100.25, 99.75 and 99.50, depending on year of maturity. 1,164,000 Lake County, Ind., bonds were awarded jointly to Halsey, Stuart & Co., Inc., and Bancamerica-Blair Corp.. both of * New York, as follows: $1,000,000 advancement fund, due semi-annually 1939 to 1948, incl., as 2Ms, at 101.067, a basis of about 2.30%; $100,000 refunding, due semi-annually 1944 to 1947, as 3s, at 103.827, a 2.46% basis; $64,000 tax equipv. ment, due July 1, 1941 and Jan. 1, 1942, were sold as 2s. at 100.60, a 1.81% basis. The bonds were re-offered to yield from 0.75% to 2.40%, according to coupon rate and maturity. bid for & < 13,500,000 Jones & Laughlin Steel Corp.—The company has sold privately through Mellon Securities Corp. as agent to 11 pur¬ chasers two issues of bonds, aggregating $13,500,000. The issues consist of $8,100,000 1st mtge.-4s, series B, due serially • -. July 1, 1940-46, and sold at 100, and $5,400,000 of 1st mtge. 4Ms, due serially, July 1, 1947-50, and sold at 98. ' . * FINANCING $5,079,000 New York, N. Y., 4% various municipal issues entirety on 60 days' cessively reducing premiums. 950,000 Middle States Telephone Co. of 111.—The company has placed privately with institutional investors $950,000 4M% 1st mtge. bonds. Proceeds to be used principally for refunding purposes. I . . notice on any interest date at 108 of the principal amount if redeemed on or before March 1, 1941, and thereafter at suc- r l bonds ' . ' issue stock and ' liabilities and notes outstanding is less than two to one. Smith, Barney & Co. have acted as the company's agents in making the arrangements for the exchange and sale of the . - , for cash. hgw" loan is due in 1953. 500,000 Langendorf United Bakeries, Inc.—The company has obtained a $500,000 loan from the Equitable Life Assurance Society of the U. S. at 5% interest. The loan is to be amor¬ tized in equal amounts over a period of 12 years with the privilege of paying it in a shorter period. Proceeds of the loan will be used to pay off the outstanding 0M% 1st mtge. bonds called for redemption Sept. 1 next at Nov. 1,657,000 Rochester Gas & Electric Corp.—Offering was made July 8 of $1,657,000 general mortgage 3M % bonds due 1967, series I, at 104 and interest. The offering which represents new fi¬ nancing by the company, was made by a group composed of the First Boston Corp.. Smith, Barney & Co., Goldman, ! ; Sacks & Co., Harris, Hall & Co., Inc., W. C. Langley & Co. and Sage, Rutty & Co., Inc. Proceeds will be used to finance the general construction and improvement program of the corporation. The bonds will be secured by the lien of the general mortgage indenture, which, in the opinion of the company's counsel, constitutes a first lien on substantially all the physical properties of the company new $1,500,000 10-year serial notes were divided into $150,000 each at varied rates of interest maturing serially from July 1,1939 to July 1,1948. There is no collateral applying against these notes. The notes may be redeemed by the company on any interest date on 45 days notice. There is a restriction to the effect that the company shall not pay dividends if the ratio of the current assets to the current MUNICIPAL The proceeds obtained from the bonds sold for cash will be applied toward the redemption on Aug. 20, 1938, of all the company's 5% bonds which will remain outstanding after the exchange has taken place. The The 30, 1955. Part of this new issue is to be exchanged for existing 5% bonds of the company held by the insurance companies and part is to be sold to these companies . announced. amounts of institutional investors. 2,800,000 San Diego Water Supply Co.—Company has made arrange¬ ments through Smith, Barney & Co. to issue and deliver to six Eastern insurance companies $2,800,000 1st mtge. 3M% I was not The realty company which is the owner of the Packard Building has called for redemption on Aug. 15, 1938, the out¬ standing $4,018,000 Packard Building first mortgage 6% (now 5%) gold bonds at par and accrued interest due 1943. The bonds will be paid by the Pennsylvania Co. for Insurances on Lives and Granting Annuties Philadelphia, trustee. 1,500,000 Simonds Saw & Steel Co.—The company is proceeding with the completion of its inactive new plant at Fitchburg, Mass.. for which purpose it reports that it borrowed $1,500,000 privately on July 1, 1938, through an issue of 10-year serial , 000 .. . 7,500,000 Industrial Rayon Corp.—A banking group headed by Brown Harriman & Co., Inc., on July 19 offered $7,500,000 first mortgage sinking fund 4M% bonds, series A, at 99 and accrued interest. Associated with Brown Harriman & Co., Inc. in the group offering the bonds were: Blyth & Co., Inc.; Hay den, Stone & Co.; Lee Higginson Corp.; Kidder, Peabody & Co.; A. G. Becker & Co., Inc.; Goldman, Sachs & Co.; Hemphill, Noyes & Co.; Hayden, Miller & Co.; Otis & Co.; Central Republic Co.; Laurence M. Marks & Co.; Merrill, Turben & Co.; G. M.-P. Murphy & Co.; The Securities Co. of Milwaukee, Inc.; The First Cleveland Corp.; Hawley, Huller & Co., and Kuhn, Loeb & Co. New financing in the domestic market for July showed a falling off from the previous month, but surpassed that of July, one year ago. Industrial emissions for the month continued to hold first place when using the aggregate totals of all types of financing as a comparison. Public utility offerings were reduced to about one-half of their June total. There . ' Issue of— 0.023% 0.038% 0.054% 0.059% 0.062% . . ^ Yield July 's •Maturing Price July - 187,824,000 264,955,000 289,356,000 To He deem Bills Offered . $100,000,000 $189,753,000 days 100.000,000 210,024,000 14 1938 28 1938 Uubscrip- 1 r 91 days July 21 1938 Oct. of Offering '1 5 1938 are • ' Dated, t r June 28 1938 Purpose of Issue—No specific allocation of net proceeds to be derived from the sale of $50,000,000 of debentures and $35,000,000 of serial notes (estimated to amount to $82,972,500, exclusive of accrued interest) has been or can be made. The net proceeds will beplaced in the general funds. 1,000,000 shs. Chemical Fund, Inc.—Public offering of 1,000,000shares was made July 15 by F. Eberstadt & Co., Inc. The purpose of the Fund is to provide a means of diversified investment in selected companies engaged in the chemical and chemical process industries. An initial offering of 10,000 shares of the Fund was recently V., / sold privately at the price of $10 per share. \ The price of the current public offering will vary from day to day, according to the market fluctuations of the securities held by the Fund. . ' 10,000,000 Crown Cork & Seal Co., Inc.—Public offering, by means of a prospectus, of a new issue of $10,000,000 10-year 4M% sinking fund debentures, was announced July 7 by a banking group headed by Paine, Webber & Co., and including Hay den, Stone & Co.; W. C. Langley & Co.; Hallgarten & Co.; Estabrook & Co.; Stone & Webster and Blodget, Inc. and Cassatt & Co., Inc. The debentures are priced at 99% and accrued interest. Dated July 1, 1938; due July 1, 1948. Purpose—Net proceeds from the sale of the debentures (after deducting the estimated expenses of the company and under¬ writing discounts, which together are expected to approximate $339,775), will be $9,560,225 and are to be applied (i) to the payment in full of notes payable aggregating $8,689,000 and (ii) for other corporate purposes. gross public debt, he esti¬ by about 3,485,000,000, raising The details of Treasury bills sold on a discount basis . Rockefeller Institute for Medical Research. of The increased to obligations in the market, special issues, and-the Treasury's general fund will be $500,000,000. be of the .sale . oftered . Dominion Rubber Co., Ltd.—Dividend ordinarily due at this time on the 7% preferred stock omitted. A regular quarterly of $1.75 a share 1,650,000 Dallas, Texas, 2%% school and storm sewer bonds, due serially from 1939 to 1958, incl.', awarded to Stranahan, Harris & Co., Inc., Toledo, and associates, at 100.159, a basis or about 2.23%. Publicly offered to yield 0.40% to 2.35%. according to maturity. was dividend share to a from 60c. Honolulu time a Rapid Transit Co., from 60c. Jantzen common stock American on of the $2 cumulative stock increased from 34c. a share to 42c. a to $1 Dunlop Tire & Rubber Goods Co., Ltd.—Initial semi-annual dividend of 62Hc. a share on the first preference stock was paid on June 30 last. Perry-Fay Co,-—Dividend on the common stock decreased share to 25c.'a share and was paid on June 30 last. 1937. ■ : (Charles F.) Noyes Co., Inc.—Initial dividend of 22H cents per share on the new preferred stock, par $15, now outstanding, payable Aug. 1. This new preferred stock is entitled to dividends of 21% for the period May 1, 1938 to April 30, 1939, and 6% annually thereafter. Ontario Steel Products Co., Ltd.-^-Interim dividend of 50 cents per share on the common stock, payable Aug. 15. This will be the first dividend paid since Nov. 15, 1931 when 20 cents per share was distributed. Outboard Marine & Mfg. Co.—Dividend on the common stock increased from 30c. a share to 50c. a share, payable Aug. 10. 1 Owens-Illinois Glass; Co.—Dividend of 50c. per share on the common This compares with dividends of last, stock, par $12.50, payable Aug. 15. 25c. paid on May 15 and on Feb. 15, Phelps Dodge Corp.—Dividend on the $25 par, capital stock increased from 15c. a share to; 20c. a share, payable Sept. 9. 75c. a share shares now outstanding, payable Aug. 1. a share was paid July 15 on the no par class B stock, payable July 15. This is the first payment on the class B shares since June 30, 1936 when 75c. a share was distributed. Public Service Co. of Northern Illinois—Initial dividend of on the Randall no par common Co.—Dividend of $1 Roosevelt Hotel, Inc.—Initial dividend stock, payable July 1. of $3 a share on the company's Southwestern Engineering Co.—Initial dividend of 10c. a common stock, payable July 11. share on the Stouffer Corp.—Dividend of $1.50 per share on the class B able in class A stock on July 27 to holders of record July 20. tors also declared B shares, a stock pay¬ The direc¬ regular quarterly cash dividend of 25c. per share on the likewise payable July 27. UNFAVORABLE r CHANGES American Forging & Socket Co.—Dividends of 12He. per share on the common stock, payable Sept. 1. This compares with 25c. paid on Dec. 1, last. Corp.—Dividend of $1 per share on the common stock, no par value, payable July 29. This compares with $2 on Dec, 10, last, and $1.50 on June 22, 1937. American Securities Shares (St. Louis, Mo.)—Dividend on the common stock reduced from 18c. a share to 7c. a share and was paid on June 30, American Potash & Chemical last. Atchison Topeka & Santa Fe Ry.—Company in a statement issued held July 26 took no action July 27 said that directors at their meeting the preferred the road. on dividend in order to preserve the financial position of Belden Manufacturing Co.—No action taken with regard to payment of a dividend on the $10, par common stock at this time. A dividend of 5c. was paid on May 16, last, and previously regular quarterly dividends of 15 cents per share were distributed. Canadian Dredge & Dock Co., Ltd.—Directors at their recent meeting decided to postpone action on the common dividend ordinarily due at this time. A semi-annual dividend of $1 was paid on Jan. 31, last. Charis Corp.—Dividend on the no par common stock decreased from payable Aug. 1. 15c. a share to 10c. a share, Cherry-Burrell Corp.—Dividend on the $5 par, common stock decreased from 20c. a share to 10c. a share, payable July 30. Chrysler Corp.—Dividend of 25 cents per sharG on the common stock of the corporation payable Sept. 14. This compares with 50 cents paid on June 14 last; $3 paid on Dec. 13, 1937, and $3.50 paid on Sept. 10, 1937. Cunningham Drug Stores, Inc.—Dividend on the common stock reduced from 37He. a share to 25c. a share, payable July 27. Deere & Co.—Directors at their recent meeting decided to postpone action on the common dividend until their Sept. 20 meeting. Dividends of $1 per share were paid on the common shares on Oct. 20 and on Sept. 1, 1937, this latter being the first payment made since July 1, 1931. Dixie Vortex Co.—No action taken in regard to payment of a dividend on the common shares at this time. A dividend of 25c. was paid on July 1 last, and previously regular quarterly dividends of 37He. per share were distributed. . I ' mfent on stock de¬ / Sulphite & Paper Co.—No action taken on dividend paythe 4% non-cum. pref. stock of $100 par at this time. One of $1 share was paid on April :< a 1, last. $1.50 a share to 75c. a share, payable Reece Folding Machine on the $10 par common ^ _ Real Estate Trust Co.—Dividend on on ■{■• from 50c. a Port Huron > Nipissing Mines, Ltd.—Dividend of 15 cents per share on the common stock, par $5, payable Aug. 22 toi holders of record Aug. 1. This com¬ pares with 12 cents paid on Oct. 20, last, and 25 cents paid on Feb. 20, • Philadelphia Insulated Wire Co.—Dividend on the common creased from 50c. a share to 25c. a share, payable Aug. 1. stock, payable Aug. 22. dividends of 30 cents per share were distributed., April'30 last. share was paid on Masonite New Amsterdam Casualty Co.—Semi-annual dividend of 32 H cents per share on the common stock payable Oct. 1. Previously semi-annual reduced from $1.50 a share 1. Peoples Gas Light & Coke Co.—Dividend of $1 per share on the capital stock, payable Sept. 1. This compares with $2 paid on Dec. 1, 1937. this latter being the first dividend paid since July, 1933. . Fidelity & Deposit Co. of Maryland—Extra dividend of $1 a share and a regular quarterly of like amount on the common stock, par $20, both payable July 30. > Life Savers Corp.—Special dividend of 40 cents per share in addition to the regular quarterly dividend of 40 cents per share on the common stock par $5, both payable Sept. 1. share share, payable Aug. a 21 took no action on first pref. stock. A share was paid on June 15 last. Parker Penn Co.—Dividend on the $10 par, common stock decreased from 37He. a share to 25c. a share, payable Sept. 1. Pennsylvania Sugar Corp.—Directors at their meeting held July 21 failed to take any action with regard to payment of a dividend on the common shares at this time. A regular quarterly dividend of 50c. per Fairchild Aviation Corp.—Initial cash dividend of 15 cents per share on the common stock, payable Aug. 10. Neptune Meter Co.—Dividend of $2 per share on account of accumulations on the 8% cumulative preferred stock, par $100, payable Aug. 1. The last regular quarterly dividend of $2 per share was paid on Feb. 15, 1938. Light Co.—Dividend on the common stock payable July 15. regular quarterly dividend of $1.37H per 15c. Corp.—Extra dividend of 50 cents per share on the common A regular quarterly dividend of 25 cents per was paid on the common stock on June 10 last. „ Otis Steel Co.—Directors at their meeting held July the dividend usually due at this time on the conv. Delaware Fund, Inc.—The board of directors of this company, a manage¬ type investment trust, has declared an initial dividend of share, payable Sept. 15 to holders of record Sept. 1. . decreased from $1 a share to 75c. a share, Okonite Co.—Dividend on the common stock Chicago & Southern Air Lines, Inc.—-Dividend of 52He. a share on the 7% convertible cumulative preference stock, par $10, became payable June 29. This payment clears up all accrued on the issue. per . paid on March 15, last. New Bedford Gas & Edison increased ment took National Industrial Loan Corp.—Dividend ordinarily due at this time on the common stock omitted. A distribution of three cents a share was Ltd.—Dividends of $1 per share on the common stock, payable Sept. 30. This will be the first dividend paid since March, 1932, when a dividend of 25 cents per share was distributed. the participating shares share, payable Aug. 1. the common dividend normally on A regular quarterly dividend of 25c. a share was paid share were distriouted. per Canadian Fairbanks Morse Co., on Knitting Mills—No action stock decreased Corp.—Dividend of 5 cents per share on the common stock, payable Sent. 1. This compares with 12 H cents paid on June 1, last, and dividends of 25 cents ner share were previously distributed each three months, the Sept. 1937 dividend being the initial distribution. ;> . Century Shares Trust—Dividend on the common share, payable July 20. National Container Co.—Semi-annual dividend on the $10 par capital stock increased from 50c. a share to 75c. a share, payable Aug. 1. •; t ' ,• " " Atlantic Oil Investment Corp.—Dividend on the common from 10c. a share to 15c. a share, payable July 21. a Minneapolis-Honeywell Regulator Co.—Dividend of 25 cents per share on the common stock, payable Aug. 20; a dividend of 50 cents was paid on May 20 last, and previously regular quarterly dividends of 75 cents Insurance Reserve Corp.—Dividend share to 50c. in respect to dividends usually declared at this time on the stock, par $100. A regular semi-annual dividend of $2.50 per share was paid on Feb. 28 last. , Illinois—Initial dividend of 25c. a share $2 series cumulative preferred stock and on the Radio Ltd.—Dividend ordinarily due at this One of 10c. a share was paid on • shares omitted. common preferred stock, both were paid July 1. American the $20 par common stock decreased payable July 13. action no Indemnity Co.—Dividend of 97 H cents per share on the stock, payable Oct. 1. This compares with dividends of 90 share previously distributed each six months. Investment Co. on Louisville & Nashville RR.—Directors at their meeting held July 21 . common a payable on Aug. 1. on May 1, last. Mfg. Co., Inc.—Dividend of 15 cents per share on the payable Aug. 1. This compares with 12H cents paid on May 20, last, and a regular quarterly dividend of 12 H cents was paid on Dec. 27, last. Brass cents per Co.—Dividend March 31, last. International American on share to 3Cc. a share and became the on stock decreased from the common stock reduced from 25c. 10c.'a share, payable Aug. 1. Hawaiian Sugar Agnew-Surpass Shoe Stores, Ltd.—Extra dividend of 20 cents per shar in addition to the regular semi-annual dividend of 30 cents per share on tne common stock no par value, both payable Sept. 1. common ' Fidelity Fund, Inc.—Dividend CHANGES FAVORABLE March 31 last. on Eureka Pipe Line Co.—Dividend on the common $1 a share to 50c. a share, payable Aug. 1. declarations in July exceeded the number of favorable ones. The following list, divided into two sections, namely "Favorable Changes" and "Unfavorable Changes," gives the more important of the changes: in changes paid Economy Grocery Stores Corp.—Action on the payment of a dividend ordinarily due at this time deferred. A quarterly dividend of 25c. a share was paid on April 15 last. ' 1 < . CHANGES IN JULY DIVIDEND Unfavorable Akron 13 MONTHLY REVIEW Aug,, 1938] ' > reduced from : ( the common stock Aug. 1. Co.—No action on the payment of a dividend stock at this time. One of 5c. a share was paid Dec. 28, 1937. Washington Oil Co.—Dividend on the common 50c. a share to 25c. a share, payable July 15. stock decreased from . , % Wheeling & Lake Erie Ry.—Dividend ordinarily due at this time on the company's 5H% cum. conv. pref. stock omitted. A regular quarterly dividend of $1.37H a share was paid on May l.last. ' , Dental Manufacturing Co.—Dividend of 15c. per (S. S.) White the common stock, payable Aug. 15. ' Previously dividends of 30 cents per share were distributed. on Rock Mineral Spring Co.—-No action on White ordinarily due at this time. ! the common A distribution of 25d. a share was April 1, last. share regular quarterly- dividend made on - COURSE OF THE STOCK The stock MARKET IN JULY, 1938 market continued to claim in July the reawakened / full measure in public interest which developed during: of June. Turnover was in large volume— these times—and the undertone of prices was firm.: the last 10 days for market's July than of a positive, character. rise in prices in the concluding 10 days of June, a good part of the trading, community was on the alert for the usual corrective reac¬ tion. No such emphatic reaction took place, and from this, fact derives the most striking testimony to the vigor of the the satisfaction Yet to be derived from the was more of a negative After the exceedingly steep performance * in June, nearly all of which came in the last 10 days of the month, the July advance as measured by the index of 50 stocks compiled price advance. In contrast to the 18.71-point rise by the New York "Times," amounted In the first two weeks of the month to only 4.64 points. prices moved side- . rather spirited rise was recorded during the third week. Prices were on the soft side in the last week, when the index gave up 2.89 points. The upward thrust in the third week, when a 4.78-point advance was recorded, represented the month's net change. The volume figures show the extent to which the market succeeded in attracting a public following. Turnover footed wise, after which a up to 38,773,575 shares compared with 24,368,040 The July volume was not only the largest June. October, when the market was shares in since last breaking badly, but the best July since 1933 as well. On six days trading vol¬ exceeded 2,000,000 shares a session, and only on one for any ume five-hour trading day did turnover amount to less than ' 1,000,000 shares. One of the more encouraging its breadth. The railroad stocks, so frequently a drag on the market in recent years, from investors trial issues. an average features of the advance was actually received more attention and speculators in July than did the indus¬ The 25 industrial stocks in the index enjoyed rise of 4%%, while the 25 railroad stocks upward no less than 10%. The combined index of 50 stocks showed that all of the damage wrought to prices since last October had been repaired from June 20 to the end of July. The strongest departments of the industrial moved 14 MONTHLY REVIEW list, according to the index of -100 stocks compiled by the ernment New York "Herald Tribune," were the manufacturing, store and motor stocks. : The utility stocks were laggards, of domestic corporate and foreign government bond prices: obligations, and though they, too, Government Bonds there on its advance scarcity of industrial statistics tb justify the advance. Some progress was made in July toward supply¬ ing statistical justification of the buoyancy of stock prices. In was July either did not appear fell or short of seasonal Most striking of all, perhaps, was the im¬ Following the usual Inde¬ pendence Day shutdowns, which carried the average rate of output for the industry down from 28.7% to 22.4% of capacity, steel production rose by the month-end to 37% of capacity, the highest rate since last November. The firm¬ expectations. provement in steel production. of ness steel scrap prices would seem to indicate a further expansion fusion in still steel existed production, the to as though ultimate considerable effects of the con¬ cuts in June and the change made in the basing point system. In the automobile industry retail sales held close to the June total, a showing contrary to the usual July precedent, and assemblies for the week of July 16 were the best since May, though production tapered off in the afterpart of the month preparations as Cotton mill textile loadings, electric Treasury 4Mb 118.20 Treasury 4s 114.13 114.11 July 106.17 112.29 July 106.9 July being made for the 1939 models. were output power well was production maintained, and and car bituminous coal 118.17 July 102.26 1968-1963 101.31 110.9 108.5 109.25 109.25 A group of 70 leading companies, the total inventories on June 30 last of corporate inventories. says, showed approximately $605,000,000, representing a decline from Dec. 31, 1937, of $159,000,000, and a decline from June 30, 1937, of $111,000,000, or 15.5%. Of tangible benefit to the railroad shares in their July rise was the granting of authority by the Interstate Com¬ merce Commission on July 6 to the Eastern railroads to increase passenger coach fares from 2c. to 2%c. a mile for a trial period of 18 months. Estimates are that the 25% increase in fares will bring the railroads in $30,000,000 of additional revenue annually, based on 1936 traffic. As to the fluctuations in individual stocks, United States Steel was at its lowest July 12 at 55% and at its highest July 109.18 July 108.12 July 107.28 109.22 27 109.27 July 108.5 108.15 5 108.14 July 22 108 July 109.22 5 108.22 July July 1*07*26 107.25 July 106.9 106.6 103.29 103.25 July 104.7 106.14 106.10 July 104.19 July 103.10 July 103.21 July 102.22 July 103.6 101.27 July 118.18 22 29 106.20 July 104.29 July 102.10 July 10*7*28 6 106.20 July July 106.18 104.3 July 104.27 103.3 July 102.9 105.30 105.30 July 1945 Treasury 2 Ms 1948 104.15 1949-1953 101.30 104.20 102.3 Federal Farm Mtge. Corp— 106.27 July 22 106.31 July 29 3Ms-- ......1944-1964 3s.... 1944-1949 106 105.31 July 6 106.9 July 3s 1942-1947 106 105.27 July 22 106.2 27 105.2 July 6 July 29 6 106.8 July 20 102.30 July 20 104.7 July 27 8 104.29 July 1942-1947 2MB 106.8 11 Home Owners' Loan Corp.— 105.29 July 3s series A 1944-1952 106 2Mb series B... 1939-1949 1942-1944 102.28 102.16 July 104.3 103.26 July 2Mb series G July 104.3 Closing Price Lowest 1 89 H 89 French 7 Ms stamped 91M July 89 H 105 M July 105 M July 37 M July 105M July 111M 106 M July 99 M July 111M July 101 101 71 July 103 M July 103M -.1941 July 112M July 75 July 107 M July 31 30 M July 33 24 M German (Rep) 7s stamped—1949 July 30 July 30 1951 8s Highest 103 M July 104 1957 Belgium (Kingdom) 6 Ms.-.-1949 Brisbane (City) 5s 1957 Canada (Dominion) 5s——1952 German 102.23 Price Foreign Bonds Czechoslovak 2 Range for July, 1938 Opening Austrian (Govt.) 7s compilation by the National City Bank throws light on the extent of the reduction in 20 107.22 July 27 110.16 July 21 108.5 July 23 109.30 July 107.25 July 109.18 July Argentine external 4 Ms—---1971 Australia 5s of 1925 1955 available 25 118.26 July 6 114.17 July 20 113.5 July 26 106.17 July 107.13 July 1*10.15 Treasury 2 Ms. 1937. bank July 30 21 106.7 July 104.10 July 5 104.21 July 101.25 July 21 102.5 July Treasury 2Mb.. usual seasonal amount, and stocks of goods were about 12% less in dollar value at the end of June than on June 30, the best Highest ...1947-1952 1944-1954 1946-1956 Treasury 3 Ms 1940-1943 Treasury 3Ms_.-' 1941-1943 Treasury 3Ms._ 1943-1947 Treasury 3Ms 1941 Treasury 3 Ms 1943-1945 Treasury 3Ms 1944-1946 Treasury 3 Ms 1946-1949 Treasury 3Ms 1949-1952 Treasury 3s._ 1946-1948 Treasury 3s_. 1951-1955 Treasury 2Mb ...1965-1960 Treasury 2Mb ..1945-1947 Treasury 2Mb —1948-1951 Treasury 2Mb ....1951-1954 Treasury 2Mb ..1956-1959 Treasury 3 Ms mining increased in July oyer June. Department store sales showed a decline in July from June of less than the A Last Sale Lowest July 1 Treasury 2 Ms steel prices in Range During July, 1938 Sale , a lines of activity the usual letdown between June many and , June 20 on considerable number, likewise, First higher. were When the stock market set out a 23 M July 107 M 26 M July 73 H July July 31M (Govt) Internat 5Ms 1965 --1954 stamped 69 1965 55 M 68M July 50 July New South Wales (State) 5s. 1957 100M 100 M July Norway 4s__. 102M 102 apanese Govt 6Ms.- 5Mb 105 July 72M 66 July 20 .1963 20 July 21M July July 5 29 70M 51M 101 103 7 5 25 Range for July, 1938 Opening Railroad and 6 6 56 M July 101H July 103 July 105M July 72 H July Queensland (State) ext 7s—1941 Rome (City) external 6 Ms-.1952 Vienna 6s —1952 24 H 5 Closing Price Industrial Bonds July Price Lowest 1 Highest July 30 * July 25 at 63%, with the close July 30 at 59%. Steel preferred was at its lowest July 15 at 105% and at its high¬ July 26 at 110%, with the close July 30 at 109. American est Tel. & Tel. with the rose close from 139% July July 30 at 142. 12 to 144% July 26, General Electric moved up from 39% July 11 to 44 July 19, with the close July 30 at 41%. Allied Chemical & Dye was at its lowest July 1 at 171 and at its highest July 19 at 184, with the close July 30 177. at Westinghouse Elec. & Mfg. moved from 95% July 30 at 101. July 1 up to 106% July 25, with the close Consolidated Edison Co. of N. Y. rose from 26% July 1 to 30% July 25, with the close July 30 at 28. In the railroad list, New York Central was at its lowest July 1 at 15% and its at highest July 25 at 21%, with the close July 30 at 19%. Delaware & Hudson rose from 12% July 1 to 17% July 25, with the close July 30 at 16%. Union Pacific moved up from 77% July 12 to 88 July 20, with the close July 30 at 82 bid. Southern Pacific was at its lowest July 1 15% and at its highest July 21 at 21%, with the close Baltimore & Ohio rose from 7% July 1 to 11 July 7, with the close July 30 at 9%. Chesapeake & Ohio moved up from 29% July 8 to 35% July 25, with the close July 30 at 32. Southern Railway was at its lowest July 1 at 10% close and at its highest July 25 at 15, with the July 30 at 13%. The bond market in July confirmed the evidence given by the stock market that investors were beginning again to loosen their purse strings. Trading in bonds on the New York Stock Exchange increased to $178,265,000 par value from $144,821,000 in June. While the July bond volume the was smallest the largest of of any July the in year, 20 'Times" index of 40 bonds showed in July compared with one of 0.27 of a it was, nevertheless, The New York years. an advance of 3.23 1977 77 77 1963 41M 41M July 82 M 49 M 90M 90 M July 97 67 M 67 M July 28 July 74 July 19 71*" 16M July 72 72 July 36 36 July July July 78 M July 48 M July 21 25 28 25 33 16M 17 16 M July steady during the month, but Treas¬ ury note issues,'following the offering of $200,000,000 Re¬ construction Finance Corporation three-year notes on July 11, turned weak and wound up the month lower. The best grade corporation bonds showed continued firmness were in the railroad and industrial were fore groupings, while utility bonds steady. Medium and lower grade corporate issues also demand. They were able to forge ahead in the in part of the motionless. month while prices were virtually Moody's index of high-grade bond prices shows shows a loss of nine* points. In the following table we show, as usual, the fluctuations for the month in the different issues of United States Gov¬ July 40 July 63 106 19M 19M July 47 M 26 M 29M 29 M July 37 76 76 86 40 M 1950 1992 115M Chic Milw St P & Pac 5s A..1975 9M 9M July Chic A N W 4Ms series A.-.1949 C C C ASt L 4Mb series E—1977 Erieref A lmpt 5s of 1927—1967 5M 5M July 7M 55 M 63 M 13M 55 M July 13 M July Great Northern gen 4Mb 111 Cent St L A N O 5s Lehigh Valley (Pa) cons 5s..2003 Mo Kan Tex cum ad] 5s 1967 New York Central 3 Ms 1946 N Y C A St L 4Mb series C—1978 NYNHAH 1st ref. 4Mb- —1967 N Y Ont A Western ref 4s—1992 Northern Pacific 4s 115M July July 75 19M 10M 25 26 1 83 82 M July 20 19 21 81M 79 81M July 79 July 74 M July Western Maryland 1st 4s 1952 78 M 78 M July 85 M July 88 M July 84 H 76 ON THE STOCK EXCHANGE 1937 1938 38,773,575 1936 20,722,285 $ $ 1935 29,427,720 34,793,159 * 1 124,028,000 24,844,000 220,710,000 178,323,000 23,338,000 33,881,000 7,518,000 11,632,000 38,523,000 178,265,000 160,504,000 282,671,000 235,675,000 155,938,758 249,593,212 295,547,699 154,276,102 152,580,000 Railroad A miscell State, munic. A foreign. United States Govt Total bond sales. 78M 43M 10M July 74 M Bond sales (par value)— 46*" 83 M July 86 July 82 M Month of July 21 6M 15 M 8M July 1939 Stock sales—No. of shares 33 24 10M 7 Pennsylvania RR deb 4 Ms-.1970 1952 OF BUSINESS 17 M 22 M 85*"" July Conv deb 3 Ms Warner Bros Pictures 6s VOLUME 117M 11M 40 M 74 M July 9M • .1997 July 60 M 106 __ .. 18,167,000 23,471,000 , Jan. 1 to July 31— Stock sales—No. of shares Bonds sales (par value)— Railroad A miscell - . State, munlc. A foreign. United States Govt. ... Total bond sales VOLUME S $ S * 821,454,000 1,369,445,000 1,689,201,000 1,238,224,000 140,023,000 216,671,000 197,222,000 228,268,000 85,415,000 278,741,000 184,515,000 444,135,000 1.046,892.000 1,864,857.000 2,070,938.000 1,910.627,000 OF BUSINESS ON THE Month of July 1938 CURB Stock sales—No. of shares Bond sales (par value)— Domestic. EXCHANGE $ 4,952,945 $ 1936 1935 8,511,143 906,000 420,000 508,000 950,000 30,385,000 61,561,000 $ 59,373,000 1,238,000 35,593,000 , 4,960,878 $ 28,971,000 631,000 Total bond sales to 5,189,381 34,542,000 Foreign government Foreign corporate Jan, 1 1937 99,584,000 1,084,000 . 1,206,000 101,874,000 July 31— Stock sales—No. of shares Bond sales (par value)— Domestic Foreign government... Foreign corporate ^5,925,812 $ 70,964,277 $ 197,222,000 4,173,000 83,411,412 $ 29,935,783 $ 273,969,000 521,940,000 707,169,000 8,309,000 11,524,000 9,926,000 3,732,000 6,837,000 7,966,000 7,416,000 205,127.000 289,115.000 541,430,000 724,511,000 stock industrial and public utility averages are about point above the January, 1937, peak, but the railroad average 57 M July 103 ' A-C.1967 ser Brooklyn Union Elev 5s Chesapeake A Ohio 4Mb Total bond sales that both one 57 M 103 rise of 1.64 points in June and point in May. The new issues market was again active, with the proportion of new capital raised by borrowers a notable feature of the month's flotations.;^ were 78 Internat Paper 5s ser A A B.1947 Kan City Sou ref A impt 5s..1950 Bost A Maine 1st 5s points a Treasury bonds July July 7 July 18 July 11 July 20 July 7 July 25 July 20 July 25 July 25 July 22 July 25 July 25 July 22 July 25 July 25 Amer A Foreign Power 5s—2030 Atch Top & S Fe gen 4s 1995 Baltimore A Ohio 1st gold 4s. 1948 Convertible 4Mb I960 at July 30 at 18%. 71 71 Alleghany Corp coll trust 5s_1944 THE MONEY MARKET DURING JULY, 1938 Continuing their rapid increase, excess member bank re¬ $3,150,000,000, or the highest point in over two years. As heretofore, the swelling of the reserve position was mainly due to disbursements by the serves on July 13 rose to Treasury'of funds'derived from the desterilization of the their new peak, excess reserves declined substantially, chiefly as a Tesult of payments by subscribers for an issue of $200,000,000 of Reconstruction Finance Corporation notes floated for the purpose of raising cash to repay borrowings from the Treasury. While further disbursements of Treasury bal¬ inactive' gold - account. attaining After ances in the Reserve banks, still aggregating over $700,000,000, as well as a dribble of incoming gold shipments, may tend to augment the reserve position, additional imme¬ diate increases are not anticipated as cash redemptions of Treasury bills were suspended during the second half of the month, and the seasonal expansion in currency needs, ordinarily commencing at the end of July, may also be counted upon to militate against the further enhancement of excess reserve funds. Gold imports during July aggre¬ gated $33,600,000. Of this sum $28,800,000 came from Japan, $2,000,000 from Australia, $1,200,000 from Hongkong, and $1,000,000 from British India. Including the release of ear¬ marked gold holdings and the receipt of newly-mined and scrap gold, 15 MONTHLY REVIEW Aug., 1938] the total and with especially choice paper going at of July 14, the Federal Reserve Bank nounced received returns showed total commercial from of 1 $225,300,000 a RATES FOR MONEY of 000,000 of bills against maturities of only $50,000,000 per week. On July 11 the first of a series of short-term threeyear %% notes of the Reconstruction Finance Corporation $200,000,000 was offered by the Treasury and Discount holdings of the 12 Reserve in the sum of heavily oversubscribed. banks declined from $9,691,000 June 29 to $7,322,000 July 27. Bills bought in the open market amounted to the sum of $539,000 July 27 as against $537,000 June negligible 29. Total member bank reserves rose from $8,040,951 June 29 to a new high of $8,273,069,000 July 13, but subsequently receded to $8,187,723,000 July 27. Reflecting the larger supply of Treasury bills, their discount rate advanced to 0.059% July 27, compared with the recent low of 0.011% June 29. Average yields on three- to five-year Treasury notes also open NEW YORK AT Week Ended— Call loans Stock Exchange: on i_ h, Range for week (mixed and Indus, collateral).. 16 July 9 July July 23 July 30 ' „ 1@1 1@1 1@1 1@1 1 1 1 1 IX IX IX Sixty days IX IX IX IX Ninety days IX IX IX IX Four IX IX IX IX IX IX IX IX IX IX IX IX X® 1 x@l x@i x@l x@l x®\ x@l Week's average (mixed and Indus, collateral) Time loans (mixed and Indus, collateral): Thirty _. * days. months Five months Six months Commercial L IX . paper: Double and single names: Prime 4 to 6 months.. -_ — about 000,000 in the amount of outstanding bills, to be followed, however, beginning July 27, by the weekly sale of $100,- paper market commercial paper outstanding on June 30 compared with $251,200,000 at the end of May, 1938, and $284,600,000 at the end of June, 1937. gold stock of the country increased $60,000,000 to a new high record of over $13,000,000,000, or a sum equal to approximately 55% of the world's monetary gold supply. - Government financing was limited to the usual weekly bill issues resulting during the first three weeks of the month in a further reduction of $150,- that dealers %%. Under date of New York an.: Trading in bankers' acceptances remained quiet, with the shrinkage in foreign trade activities resulting in a further bill Outstanding accept¬ of the Acceptance Analysis Unit of New York, published July 13, aggregated $264,222,590 June 30 compared with $268,098,573 May 31 and $364,203,843 June 30, 1937. Import bills declined from $80,935,800 May 31 to $78,728,011 June 30, export bills from $64,591,782 to $62,817,964, and bills based on goods stored in or shipped between foreign countries from $64,008,856 to $63,297,485, while domestic shipment bills increased from $8,519,382 to $8,923,590, and domestic warehouse credits from $48,761,576 to $49,378,186. Of the outstanding bills, accepting banks held a total of $210,472,443, consisting of own bills in the amount of $134,853,345 and $75,619,098 bills of others. Rates for bankers' acceptances remained un¬ of reduction offerings. Vi% bid and 7/16% changed at and available according to the monthly ances, survey asked for 30-day, 60-day 90-day bills, at 9/16% bid and %% asked for 120-day bills, and at"%% bid and 9/16% asked for bills running 150 and 180 days. The New York Federal Reserve Bank, 0.67% to 0.70%, while yields on longer-term in its "Monthly Review," discussed conditions in the mar¬ Treasury bonds receded from 2,36% to 2.33%. On the-' ket for bankers' acceptances as follows: Stock Exchange the rate for call loans remained unchanged "The discount market for bankers' acceptances remained at 1%. quiet during July, due to the small quantity of bills which increased from CALL LOAN RATES ON THE NEW YORK STOCK became available to dealers for resale. EXCHANGE decline High July Renewal 1 Low 1 1 1 Low Renewal High July 17— in occasioned by which bills outstanding decreases in The further small June was arising out of occurred in acceptances foreign trade." Sunday July 2— Saturday July 18 1 1 1 July 3 Sunday July 19 1 1 1 July July 4 Holiday July 20 1 1 1 1 July 21 1 1 1 July 6 1 1 1 July 22 1 1 1 July July 7 1 1 1 July 23 1 1 l 5.... 1 '• 1 8 , July 24 1 1 1 1 1 July 26 1 1 1 1 1 2— July 27 1 1 1 1 1 1 4 1 1 5 Xa7 it 3 . 1 July 28 1 July 13— 1 1 1 July 29 1 July 14— 1 1 1 July 30 July 15 1 1 1 July 31—. Saturday Sunday Xa7ie Xa7 it - - - 8 security collateral were again quoted ly^Vo for 60- and 90-day loans, and 1%% for loans running six months. Transactions con¬ tinued largely restricted to the renewal of older accommo¬ on dations, and few the fact that the loans were sought, notwithstanding new trading in securities was active during - -. . Xa7 ie 'ieaX Xa91« Xa7\« Xa7ie 'ieaX Xa'it Xa'ie Xa7 u 'ieaX Xa9 it Xa'ie Xa7 u Xa7 ie 'ieaX Xa'ie Xa'ie Saturday Sunday 10 11.— Xa7 ie ----- Xa1 u Xa7it 13-.-- ------ Xa71« Xa7 u Xa7 it Xa7» Xa7 u Xa71« 14- — ----- 15—. RATES ' Rates on Mixed Collateral" July July July 1 2 1 Y< — 6— July 7— July • ■ 4— 5— July 4 Months 90 Days 8— • .. - \\ 1X> 5 Months 6 Months IX IX IX IX IX IX IX IX IX IX . ■: ■' IX IX Xa7ie 'iea,X Xa9it> Xa'ie Xa71# •i taX Xa91« Xa'ie Xa7 is 9naX Xa» u Xa7n Xa7 u Xa7 ie Xa7 it 'ieaX Xa'ie Xa'ie Xa'ie Xa7ie Xa7 it Saturday 9itaX Xa9it Xa'ie Xa'ie Xa'ie — . Sunday ■ IX ; . . . IX IX IX IX XI July 14... IX IX IX ix IX IX 15— IX IX !X - IX IX IX ' July 16--. 9itaX Xa'ie Xa'ie xa7it Xahe *it aX Xa'ie Xa'ie OF THE FEDERAL RESERVE BANKSLOANS IN NEW , IX Sun day July 18— IX IX IX July 21— V , IX ) IX July 22— July 23— IX IX IX IX IX IX IX IX July 19— July 20— IX IX IX IX" IX IX IX, IX IX/ IX IX ix\ IX IX IX IX IX IX ix IX Sun day ) 26—i J July 27-^r C ■ IX IX IX IX IX IX IX IX IX IX IX IX 1 IX ,1X IX IX IX ix ix ix IX " * IX . IX Satur day Sun day July 31— Commercial paper continued in steady1 call, and avalaible insufficeint to satisfy the demand Open market rates for average grade prime four- to six-month commercial paper continued at %%, with less well known paper commanding slightly higher rates again proved by investors. up principal developments which gave rise to this hope were resumption of new money borrowing by the Government and its agencies and the slowing down of the rate of IX IX IX piling the IX Satur day JV&/24/L YORK CITY statistics in July continued to show of reserves in member banks and the same opportunities for putting those reserves to work. But there were some indications during the month that the time when member banks could get their credit re-^ sources more fully employed was nearer at hand. The a IX . Xa'ie dearth of IX Satur day July 17--- offerings Xa7ie BROKERS' IX IX -July 29W July 30— Xa'ie Xa7it Xo7ie RETURNS IX IX 28/— / Xa'ie The Federal Reserve IX IX My Xa'ie ®i tax Xa71# IX IX Mr 9itaX Xa71« Sunday IX' ix IX 25UJ Xa7ie Xa7 u Saturday IX IX IX IX Julrf Xa7ie Xaht 31 IX IX IX IX July ..i— Xa71, Xa71« -i-_"----- 30 IX ix 9itaX Xa71« Xa7 ie 25 28 • July 13— . Xa'it Xa7 it J : ®i tax Xa7ie Sun day > Xa7 is Xa'ie Xa'ie Xa7ie 29.„. July 12— July 11— Xa9 it Xa7 ie Satur day 9— July 10. July ®i taX Xa7 ie * Holi day . Xa71« Xa71« 27 Sun day :vi. ■ IX IX IX Xa'ie 18.— 26— '. Xa'ie Xa9 ie Sunday 23— "" Satur day 3— July IX Xa'ie Xa9 it •i taX Saturday 24 July Xa9 ie •I taX Xa7ie 17— 21 * 60 Days 'ieaX Xa71« • 16— 22— 30 Days Xa7it 'Xa7 ie 12— 19.... RECORD OF TIME LOAN - Xa'ie Xa7 it Xa7ie — Xaht Xa7 ii Xa71» 20— very larger part of the month. DAILY Xa'ie Xa7ie — ...—- 9 Time loan rates %a*i% Holiday . 7—- at the nominal levels of 'i taX Saturday Sunday 6 Saturday July 16 150 Days 180 Days 90 Days 120 Days 60 Days 30 Days AccepVces Rid A Ask Bid A Ask Bid- A Ask Bid A Ask Bid A Ask Bid A Ask Secured by 1 \ Sunday ACCEPTANCES Call Loans July Saturday Sunday July 25 Saturday July 9 July 10 July 11 July 12— BANKERS' PRIME liquidation in commercial loans. First, as to the further aggravation of the glut of surplus; reserves, it can be said that actual member bank reserves increased $146,7721000 net in the four weeks from June 29 Excess reserves expanded $140,000,000 net to a $3,040,000,000. Surplus reserves reached a two-year high of $3,150,000,000 on July 13, but this total was subse¬ quently reduced through payment into the Treasury's ac¬ count with the Reserve banks on July 20 of $211,450,000 for subscriptions to the Reconstruction Finance Corpora¬ tion's three-year notes and the payment on July 27 of to July 27. total of $50,000,000 for the new money Treasury bills. REVIEW MONTHLY The main additional sustained recovery. from which member banks gained these source the $13,369,000, but other deposits The An * * this loan, one it be can total to as the loan as suffered by the subsequently noted in decline these in security loans was attributable more to repayment of dealers' than of brokers' borrowings. The large New York banks experienced a further decline of $98,000,000 in their holdings of direct Government securi¬ ties. The New York banks were not able to add to their holdings of direct Government securities in the week ended July 27, when the Treasury resumed the raising of: new through the bill market, but as the new bill program throughout August, it seemed probable that money is to to show principal increased The New market would soon begin direct Government issues. money holdings of York banks continued to be active the on buying side in the market for Government-guaranteed issues, with holdings rising $92,000,000 in the four weeks ended July 27 to a new record high at $770,000,000. This in¬ crease was largely made possible by the sale of $211,450,000 of RFC notes, for which payment was made on July 20. Holdings of other securities were up $65,000,000, mainly their because of subscriptions to New State short-term obligations. York City and New York As for the reporting banks in 101 cities, their loans and investments increased $46,000,000, with loans off $71,000,000 and investments June 22 to July 20. culture Loans to commerce, industry and agri¬ $38,000,000, while direct Government decreased securities $117,000,000 in the four weeks from up on revival of production in $86,000,000, Government-guaranteed $141,000,000, and other securities increased $62,000,000. The of reporting New York City $51,000,000 in their loans banks showed a brokers and dealers to decline in the four weeks ended July 27, and loans to others for purchas¬ carrying securities declined $8,000,000. Street loans, as compiled by the New York Stock Exchange, increased $23,728,533 to $493,615,933 July 30 from $469,887,400 ing or June 30. On July $1,173,757,508. : ' 31, 1937, ' V, • : these loans aggregated COURSE OF STERLING EXCHANGE IN JULY Sterling exchange eased off noticeably during July, and the United in demand August. exchange offset and months under the conditions War an prevalent usually found European currencies absence of pressure At present^ even heavy tourist on London and the Continent the movement of London before requirements for are powerless to European investment dollars. This on funds into investment demand change and was advance strengthened in July on the New York as a Stock Ex¬ growing feeling that general business on this side is again showing improvement and giving promise of a business situation the was not condition unfavorable in activity gen-, Despite the the increase. on France, Great Britain and the United States, the report asserted that the economic diffi¬ culties confronting the world "appear in many respects easier to surmount than in 1929." Reasons the assigned in following: credit, (1) in 7 ? no serious inflation, banking situation in and the most countries 1929; (2) central banks' equalization funds to meet all international transfers; (3) position a world are '' report for this belief included There is and monetary is better than in are the stocks less of than materials raw in hands the of producers 1929. in Sir John Simon, Chancellor of the Exchequer, in an attempt to emphasize the brighter side of the British busi- 4 picture, stressed the fact that conditions in the primary countries were much improved since the great depression. He said that it is not generally realized to ness producing what extent the in decline world consumption of primary products has been connected with happenings in the United States. He said that, excluding the United States, world consumption of commodities did not show an especial reduc¬ during the first five months of 1938, and stated that tion his advisers believed that the actual the world did not conditions throughout justify the pessimistic prophecies uttered in many quarters. As in June, an important feature of the financial situa-l tion was part of private hoarding interests. flected the in marked demand premiums for gold in London This demand on was the re¬ the point at which gold could profitably be exported to the United States. The London equivalent of the dollar price generally ruled well above over $34.80, while the export point for shipment was regardedas at $34.77. ? ... , The feverish demand for gold on the part of hoarders was brought to be should Sir John recalled Simon's attention that on Parliament. in It May 7 the British authorities lifted the ban had on forward dealings and loans in gold which imposed about three years earlier. The restric¬ been tions had been of It was held estimated not less informal nature, and the market had of gold as collateral for bank loans. an been forbidden the use in July that private hoarding interests $2,000,000,000 of gold in London. than , On July 26 Sir John Commons as if he aware was to the Simon was gold situation. that queried in the House of Asked lifting of the ban on by one member lending by banks against gold had resulted in Considerable gold hoarding and speculation and whether he would consult with the Bank of England with a view to reimposing the ban, Sir John re¬ that he was not aware that this was causing any disturbance in the market and that he saw no occasion for plied reimposing the restrictions. During the week ended July 27 the United States gold a new high of $13,002,000,000. At this figure the reserve represented about 55% of all publicly acknowl¬ stock reached edged gold stocks in the world, which amount to $24,000,According to the Bank for International Settle¬ 000,000. ments, world stocks of gold publicly acknowledged and other secret _ reserves of various countries totaled The Anglo-American trade progress this. He toward during that On July 27 the July, with the result that reports negotiations had reached a deadlock. Secretary of State Hull took occasion said that agreement, negotiations and told agreement would make business.. $26,500,000,000. agreement negotiations made recovery a for were his press to deny proceeding normally conference that the "tremendous contribution" toward both countries and would aid in maintaining world order and peace under law. . result of the marked Britain erally," with unemployment circulated summer World A report by the League Experts pointed out that England. industrial activity and commercial decline in little The the Great concerning ditions. before but nearly as serious as in the United States. The report stated that "despite great expenses of rearmament there is a States dollar was in wide demand although the of\ exchange transactions was not large enough to constitute a really active market. The firmness of the dollar was contrary to seasonal trends under normal con¬ volume a of Nations Secretariat of Financial declined issues increased coming depression, July reached a close it was felt that the renewed activity the New York Stock Exchange would bring about a continue the banks in the degree which foreshadowed a as , liquidation 1938 business continued to decline During the month British were reported. The seasonal expansion in commercial loans ordinarily sets in during the latter part of July or the first half of August. Another of British reports to increases in commercial loans cause the United States. export balance of for dollars. reporting bank loans to commerce, industry and agriculture only slightly lower. In two of the four weeks slight reporting New York City banks, of Great Britain and an increase in $146,859,000 at the end of the first half of 1937. Since Great Britain is an important purchaser, bankers pointed out, this great export balance caused the unseasonal demand were principal increase an £203,576,000, larger by £11,244,000 than for the previous six months. United States Department of Commerce statis¬ tics show that the export balance of the United States for the half-year was $631,074,000, the largest since 1921. The value of merchandise exports for the six months ended June 30 was $1,592,137,000. The export balance for the first half of the year was in contrast to the import balance of New York this article in greater detail, was the repayment of brokers' and dealers' borrowings. It appeared, however, that the showing was amount, holdings the outstanding seen, disclosed firmness was month indicate that the adverse balance for the first half of of Treasury notes increased by $25,765,000 and Treasury bills declined by a like amount. Bills discounted for member banks declined $2,369,000 to a new low for the year at $7,322,000. Industrial advances decreased $282,000 to a total of $16,308,000, but commitments of the Reserve banks to make industrial advances increased $82,000 to a total of $13,731,000. Moving from the Reserve banks to member banks, one notes a decline of $62,000,000 in the loans and investments of the reporting New York City banks in thp four weeks ended July 27. These banks lost $121,000,000 of loans, but they acquired $59,000,000 more investments. Loans to com¬ merce, industry and agriculture declined $54,000,000, but a good part of this reduction was accounted for by the repay¬ ment on July 1 of the $50,000,000 loan which the United States Steel Corp. obtained last February from a group of New York, Chicago and Pittsburgh banks. Aside from unchanged the import balance the System made no affirmative policy moves during the July 27. While its Government securities was of 7 dollar cause official reports during the in four weeks ended portfolio outstanding in higher by $30,014,000. were The .strength of the dollar brought the pound to the lowest level and the sterling price for gold in London to the highest quotations since April, 1937. decline of $131,435,000 in the Treasury's deposit with the Reserve banks in the four-week period. From the record high of $1,428,693,000 on May 4, following hard on the $1,400,000,000 gold desterilization operation, the Treasury's balance had fallen $696,231,000 by July 27. Other factors adding to the supply of bank reserves included the $40,000,000 increase in the monetary gold stock to a new record high of $13,002,000,000, the $12,000,000 drop in currency circulation, and the $7,000,000 rise in Treasury currency. Factors making inroads into the supply of bank reserves during the four-week period in¬ cluded the $7,000,000 reduction in the volume of Federal Reserve credit in use and the $9,000,000 increase in nonmember deposits and other Federal Reserve accounts. For¬ eign central bank deposits with the Reserve banks declined was reserves Gold on amounted offer in the London open market-during July to £19,461,000, compared with £16,429,000 in June, with £13,048,737 in May, and with £9,007,000 in April. The mean London check rate on Paris ranged in July between 177.78 and 178.66 francs to the pound. The London market open gold price ranged between 140s. 8%d. and The American price for gold (Federal Reserve 141s. 6%d. Bank ,pf New York) London open market money rates showed no change from day to day during the month. Call money against bills was in supply at %%. Two-, three- and four-months' bills were 9/16%,' and six-months' bills were %%. Sterling cable continued at $35 ounce. an transfers sold on July 1 at $4.95 9/16@$4.95 13/16, and on July 30 at $4.91%@$4.91%. OF GOLD IN LONDON LONDON CHECK RATE ON PARIS AND PRICE London London London London Check Rate Open Market Check Rate Oven Market on Gold Price Paris on the French franc, tions Gold Price Paris 177.90 140S. 9d. July 17 July 2-.-.. 177.89 140s. 9d. July 18 178.15 141s. 3d. July 3 178.18 1418. 4Hd. 9Hd. July 19 July 20 178.17' 141s. 178.19 141s. 5Hd. 141s. 5Hd. July 4 177.89 140s. July 5 177.85 140s. 8Hd. July 6__ three-month on 6% , month forward gave about % contracts support to the higher. Quota¬ eased from a dis¬ July 7 to the equiva¬ the end of the month. near "Canadian exchange, which had been under heavy since March, recovered sharply during July, mov¬ ing from a discount of 15/16% at the first of the month to a pressure discount of *4% near the month-end. The completion of mid-year debt,service operations lifted pressure from the exchange, and support was given by the expenditures of tourists in Canada." Changes in the gold holdings of the Bank of England during July were as follows: For the week ended July 6 increase of £47,273; 6d. July 21 SUN DAY the July 12, but recovered to an 1 closed count equivalent to 3% per annum on lent of 7% per annum discount on SUN DAY July balance of payments also which American Mean Mean • 17 MONTHLY BBYHJW Aug., 1938] of crease of for the week ended July £8/192; for the week ended July 20 £31,810, and for the week £55,797. 13 a de¬ increase increase of an ended July 27 an Total gold July 26 178.10 141s. July 11 178.46 141s. 2d. July 27- 178.10 141s. 4d. holdings of the Bank of England on July 27 amounted to £327,481,567, compared with £327,516,168 a year earlier, with the minimum of £150,000,000 recommended by the Cunliffe Committee, and with £136,880,255 in the Bank's statement just prior to the suspension July 12 178.66 141s. 2Hd. July 28 178.10 141s. 5d. of gold in July 13 178.36 141s. 2Hd. July 29 178.10 141s. 6Hd. of 178.33 141s. 2d. July 30 178.16 1418. 6d. Oct. July 14 178.33 141s. 2d. 178.30 1418. 2Hd. 177.78 140s. July 22 178.16 July 7 177.80 141s. 178.16 8 178.48 141s. lHd. lHd. July 23 July July 9 178.45 1418. lHd. July 25 178.10 1418. 5d. 4d. -. lid. SUN DAY July 10 July 15 ! July 16-- — 5d. DAY ■.1 Details of the gold movement at the Port outlined were In commenting on the foreign exchange situation in July the Federal Reserve Bank of New York said in its "Monthly Review" for Aug. 1: "During July continued strength in the dollar carried the $4.98*4 on June 15 and $4.95% on June 30, the pound fell to $4.91 9/16 on July 19, before recovering to $4.92 11/16 on July 26. From this level it declied to $4.91% at the month-end. The sterling price of gold at fixing rose from and the the New York of (Continued 4 t l t 1 I pound, in while the belga rough I f I | | I the Swiss franc and t I f I II I II I III I I I t I I t i | J I | | | | I I I I I I I I I I I I I I ti l l I f I I I I II I II I I I I I II till I I t I I I I I I I I I I I I I 1 I I I I I I I I I I I I 1 I I I I I I I I I I • ^ ^ rf*. £* 1 III! tf* ^ b fcs H- I rfk rfk rfk co I I I the n BRB®89 a a a rfk rfk 4* a a ^ tjk to to io b H* H- States, and by the subsidence of rumors of dollar devalua¬ tion and the substitution of equally unfounded rumors that the sterling-dollar rate would be provisionally stabilized ^k [Jk 4k 4k rfk CO CO COCO CO CO HMMtOMW \-4\M ^ OoXOoX ^ 0, ft a ft ft ft 4k 4k 4k 4. ift 4k holdings occur in the abroad flow since of dollars were continuously of funds additions between to jfr. jfk I--I— French the rate franc had "weakened July 7 to 178 11/16 Fund, according to on a minor from decline 177% July 12, as press reports, in I I I I 4k H- 4- 4- 4k coco 4k Cn s'K 5 a » e> » rf. 4k 4k w 4k ft ft 4k 4k Ol cn * 4" (4- it*- 4k 4k 4k XSSK2KS: . 4k 4k)fk 4k CO CO CO CO CO CD bbb to a a a to =££ n r a 4k 4» 4k ifk 4k 4k CO CO CO CO CO 00 CO CO CO ^ < sXS a a a a a r\« *s" s* a |fk 4k tow wc |— (— 4- 4- n 4k 4k cribs' S ft ft a 4k 4k 4k ft 4k ft ft 4k 4k >- \ $ 4k 4k 4. 4k 4k 4k 4k. 4k 4k ||k 4k. 4k 4k CO CO CO CO CO CO 1-fcOtOCOtGIO CO CO CO CO CO CO ^ COCO cO rn 4k 4k 4k 4k 4k 4k 4k 4k 4k 4k 4k 4k. 4k 4k 4k 4k 4k a O b a Oi Oi sXXSsS 4k 4k 4k 4k bb„bbbbbbr-bbcobbbr-bbbbbM„bb >—4-tO'—»->Q2fc5fcatOlsSWffl0D4k4k BauBBBRBBMBBftftftfiHBBBBBHj 4k 4k. 4k. 4k rbbbb H^OOwh « M 0) b 00 b b b b 000000 'OOi—'tOIOtOi—'IOl^W00lOCO4kr4h^4k4k ejus: H 0^ s • x? 0O\ O0\ M\ OCX 00\ 00\ kw\ AM 4k 4k 4k 4k 4k 4k 0^ 4k 4k 4k 4k 4k b b 00 b bb 000000 s Si ft ft a ft ft 4k 4k 4k 4k 4k to bbbbb O O O i-11-> I— a a S a a a ^ ^ H 4k 4k 4k 4k 4- CO CO CO CO CO CO hhhhhm Ot 5; ooxoox »»»»&» 1^ ^ ft ft ft ft ft 4k 4k 4k 4k 4k a e o i bb loco 10 to 4k •«! Xs's.?s*s a «5 « July, Vk«, M W X a ffk 4k b b b b b C5 CO CO QD CO CD i\ s: ^ ^ ^ CO CO CO CO CO CO COCp^^5COCO OOOHi^H on hOOHOH to to to to to to O to to to t-k k- ^ 4k to to to to t<0 bb towtoww 4k 4k jN o S bag Bt g «5i pressure. With the announcement in the middle of the month that to 4k 4k \ec \ca the French Stabilization subject to n o»o> CO CO CO CO CO CO tOHHMHH CO tp CO to the francs per pound was a bb fsxsx ®00©4- hhKMOOOOHMH dollar early I I 'cob s* this country. 'The I II I I 4k 4k if. 4k 4k 4k CO CO CO CO CO CO expenditures for foreign net imports of merchandise from when I I I oo tow foreigners' absorbed by I bb'co pre-1931 $4.8665 parity under the forthcoming Anglo-; American trade agreement. In neither period did any and 1 WG0WW4k BRR8BB 4k 4k 4k 4. 4k 4k tfk 4k 4- 4. rf. 4k X «£ n at the change I to the dollar was stimulated by improvement in the outlook for business in the United States I II I CO CO CO CO CO sxssxs: equivalent of the London gold price. this year from $5.01 in April I co co ss declined similar fall f to to tO to the current appreciation of United I 2R »£££ $4.94 in May, the June-July decline in sterling was associ¬ ated with political tension in Europe and an increase in gold hoarding. But in contrast with the earlier movement, marked I 4k 4k 4k 4k W» 4k M "Like the I co co co co l-i I—l H" to CO CO CO CO CO CO HHHtOWM against the dollar in approximately the proportions of the fall in the dollar 56) page on I I 111 I I > | I I withr correspondence Aug. 1: I gold shipping point to the United States, guilder fluctuated for ^OCOOO*s|C5Cn^COtOi— OCOOO f shipments aggregating $2,263,000 were arranged near, end of the month. Quotations for the French franc the of New York "Monthly Review" of the figures for imports of gold affecting the United States gold stock in July indicate that receipts at on to the theoretical the Bank in "Preliminary July 1 to 141s. 6d. on July 20, but the dollar equivalent declined from $34.88 to $34.78*4 over the same period. Although the London gold price did not fall quite two follows as Federal Reserve pound to the lowest level, and the sterling price of gold in London to the highest quotation since April, 1937. From 140s. 9d. September, 1931. The Bank's gold holdings as 1937, at £328,144,903, were the largest in its 14, history. SUN DAY July 31 / 1418. SUN July 24 a 4k4k4k4k4k4k bbbbbb 4k(^4k4kj^4k cobtotototo HHi-HtOH 75,000,000 guilder loan had been contracted for the French however, the rate firmed to 178 5/16. Some railways, tOHHMHM \w\>-\c*\>- "\ ocsooSacSk\ oc\oc\oc\ JT 4k4k4k|^4k4k b to b b to b to tO CO CO to tO "ss. "S g, \m ocs « „ 4k 4k 4k 4k 4k cobbbb 4k4k bb 00 4k W GO 4k u. on Cn \c.\i-. oosossoes a a co f b| 2. o § Jj " easing of the tension in Europe, and some improvement in DAILY RATES OF FOREIGN EXCHANGE France Switzerland Portugal Germany Belgium Franc Franc Fscudo Reichsmark Belga Checks 2.78Xa2.78*A 2.78#i«a .78»i« Cables Checks Cables Checks a22.95 22.94Ha.95H 4.48Ha4.52 ,78%a2.78% 22.94 ,78%a2.78% 22.94a22.95^ 22.94Ha22.96 4.50 a4.52 SUNDAY HOLIDAY 2.78^a2.78^ 2.77 J^a2.785i« 2.77^a2.77^ 2.769iea2.773i6 2.76ui#a 7615i6 40.25 40.19 July 16.93al6.93H 16.93Hal6.94 Ha.92H 16.92 al6.93 40.21 Ha40.23 40.22a40.23H 16.91al6.91H 16.91 Hal6.92 a22.87 4.48Ha4.50 ,76%a .7613ib 22.85Ha.88H 22.86a22.88H 4.48Ha4.50H a22.88 22.87Ha.88H 4.48Ha4.50 ,76^a .76l3is 22.87 ,76%a2.76% 22.89Ha.90H 22.90 2.76 2.76%a2.76% ,76%a2.76% 22.89a22.90H 22.89Ha22.91 a22.88 22.87Ha.88H .75%a2.76% 22.87 a22.89 22.88Ha22.90 .75%a2.765ia 22.88 ,75^a2.76ii8 22.87Ha22.89 22.88a22.89H a22.89 22.88Ha22.90 ,76>|a2.76J^ 22.88 a22.91 22.90Ha.91H .76Ma2.76^ 22.90 a22.91 4.48Ha4.50 2.76%a2.76% 2.76%a2.76»ie 2.76%a2.769ie 2.76%a2.76% 2.75%a2.75% 2.75%a2.76 a22.91 .76%a2.76% 22.89Ha.90H 22.90 a22.92 22.91 Ha.92H ,76%a .76ui8 22.91 .76^a.76i'ie 22.90Ha22.91 22.90Ha.91H a22.91 22.90Ha.9lH .763i8a2.76H 22.90 22.90 a22.91 22.90Ha.91H .7513i8a2.76 .76 ,a2.76% 22.91t a22.92 22.91 Ha.92H SUNDAY 4.47Ha4.49 4.47Ha4.48H 4.45Ha4.49 4.45Ha4.48H 4.44Ha4.49 4.44Ha4.49 SUNDAY SUNDAY 4.44Ha4.48H 4.44Ha4.49 4.44Ha4.49 4.45Ha4.48H 4.44Ma4.47H 4.46Ha4.47H 40.18 a!6.95 16.93Ha.95H a40.29 40.25Ha40.30 16.93 a40.22 40.19Ha.22H 16.92Hal6.94 16.93al6.94H 19.76al9.85 a40.21 40.18Ha.21H 19.74al9.85 40.20a40.21H 40.20Ha40.22 16.91 July July July 10. July 11. July 12. July 13_ July 14. July 15. July 16-. July 17July 18. July 19. July 20. July 21. July 22. July 23July 24. July 25. July July July July July 19.75al9.85 19.75al9.85 HOLIDAY July July 77%a .7713i« 22.84a22.85H 22.84Ha22.86 4.48Ha4.50H a22.87 4.49 76%a2.77% 22.85Ha.86H 22.86 a4.50 22.84Hfl22.86 22.85 a22.87 4.48Ha4.50 76%a2.77 Checks SUNDAY July 2.76Ha2.76»i6 July July 22.89Ha.92H 4.49Ha4.51 ,767i«a .76ui« 22.85Ha.86H 22.86 02.76% a40.29 16.94Hal6.95 16.95al6.95H 40.26Ha.28H 40.27 40.28 a40.30 40.28Ha.30H 16.95al6.95H 16.95Ha.96H July a22.92 2.765ua2.76'i6 2.76 Pen go Cables a22.87 22.85Ha.87H 4.48Ha4.50 2.75»i#a2.75^ a2.76% 2.75^a2.76 2.75^a2.763i8 2.75%a2.75% Checks 78hta2.78% 22.89 SUNDAY 2.76^a2.76H 2.76^a.76ui8 Cables ,77»i«a .78% 22.85 a22.84 22.83 Ha22.85 ,75%a2.76% 22.83 4.48Ha4.49H 76lli8a2.76 22.84a22.85H 22.84Ha22.86 4.48Ha4.49H 2.75%a2.7G% Checks Hungary 26. 27. 28. 29. 30. 19.75al9.80 19.74al9.85 19.74al9.85 SUNDAY 40.18a40.19H 40.18Ha40.20 16.91 al6.93 16.91 al6.92 a40.19 40.16Ha.19H a40.20 40.18 Ha.20 H a40:21 40.18{Ha.21H 40.18Ha40.20 40.19a40.20H 40.18Ha40.20 40.19a40.20H 40.16 40.18 16.92, al6.93 40.18 16.92! al6.94 16.9lHa.93H 16.91Ha.92H 16.92Ha.93H Iu"s6»7al9.85 19.74al9.80 40.15a40.16H 40.15H a40.17 16.90 40.15 a40.17 40.15Ha.17H 16.90 a40.18 40.17Ha.18H Ift.7j4al9.85 lft.92iHa.94H 19.92Ha.93H 16.93' al6.ft4 16.92bl6.92H 16.92!Hal6.93 SUNDAY al6.92 16.91 Ha.92H 40.17a40.19H 4ft.17Ha40.20 16.91 40.15Ha40.17 40.16a40.17H 16.90al6.90H 16.90Ha.91H al6.91 16.89Ha.91H 40.16a40.18H 40.16Ha40.19 16.89 40.17 19.74al9.85 19.74al9.85 16.91 al6.91 19.66al9.80 19.67al9.80 19.67al9.80 19.67al9.80 16.90Ha.91H 19.67al9.80 al6.91 16.90Ha.91H al6.92 16.91Ha.92H 19.67al9.80 19.67al9.80 SUNDAY 40.17Ha.18H 40.18 a40.19 16.90al6.91H 40.17a40.18H 40.17Ha40.19 16.91 Ha.92H 40.18a40.19H 40.18Ha40.20 16.92al6.92H 40.17Ha40.19 40.18a40.19H 16.91al6.91H a40.18 16.90al6.90H 40.16Ha.17H 40.17 40.17a40.19H 40.17Ha40.20 16.90al6.91 SUNDAY 16.90Hal6.92 16.92 19.67al9.80 al6.93 19.67al9.80 16.92Ha.93H 19.69al9.80 16.91 Hal6.92 19.67al9.80 18.90Hal6.91 16.90Ha.91H 19.67al9.80 19.67al9.80 18 MONTHLY REVIEW Netherlands Denmark Krone Canada Zloty , July July July 55.35 55.36 Checks Cables Checks Cables 055.37 55.35Ha.37H 22.12o22.l2H 022.13 a55.37 55.36Ha.37H 22.12 12Ha22.13 18.84ol8.87 ,12Ha.l3H 18.85ol8.87 HOLIDAY July July 55.19 55.12 July July 55.08 a55.12 55.08Ha.12H July 55.11 Ha55.16 55.12 08 22 03 11. 12. 13. 14. 15. 16. 17. 18. 10. 20. 21. 22. 23 24 25 26 27 28 29 30 31 July July July July July July July July July July July July July July July July July July July July July 1-- 2— "«o"ia% July 3 .4— 5.. July 00HO22.02 I8.82al8.87 54.99 ,99a^*.ul July 12- 22.04 055.17 22.04H SUNDAY O55.07 22.00 O22.01 Ha55.06 55.02 a55.04 54.99Ha.04H 21.98Ha22.00 55.04 a55.06 65.04 Ha55.07 22.01 Ha22.03 55.01 a55.07 55.01 Ha.07H 22.00Ha.03H a55.06 55.04Ha.06H 22.00Ha22.02 55.04 55.01 O55.04 55.01 Ha55.05 21.99Ha22.01 SUNDAY 18.84al8.87 18.86al8.87 ,02a22.03H 18.86al8.87 .01 022.04 18.86al8.86H .01 .00 022.03 18.86al8.86H 022.02 18.85ol8.86H July Juiy July July July July 55.00 Ha55.03 55.01a55.03H 21.97 021.99 54.95 a54.97 54.95Ha54.98 21.94Ha21.95 ,97Ha22.00 18.84al8.86 July .95 021.96 18.83al8.86 July 021.97 ,96Ha21.98 18.84al8.87 94Ha21.96 18.84al8.86 July 54.95 054.99 54.96 54.92 54.95 021.95 54.92Ha54.96 21.94 054.97 54.95Ha54.98 21.95Ha.96H O55.00 21.96 54.98 O55.01 55.99 054.95 July a21.97 18.83al8.88 July a21.98 .97Ha21.99 18.83al8.88 July SUNDAY 64.99 21.96Ha21.98 54.95Ha54.98 54.960 o21.99 54.98Ha55.03 54.99a55.03H 21.98 .97a21.98 H 18.83al8.86 .98H0.99H 18.83al8.86 July 54.99 .98 a21.99 18.83al8.86 July 18.84al8.85 July 93 H o21.95 18.83al8.85 .94Ha21.97 18.83al8.86 July July 54.93 O55.02 21.97 .96 July 055.02 54.99Ha5S.02H 21.97Ha.98H 054.97 54.93 Ha54.98 21.96 21.96H 021.94 O54.90 21.93 54.85H a54.89 54 86 021.96 54.88 054.90 54.88Ho54.91 21.94 SUNDAY . July July 1314.. 15-. 161718,. 192021.. 2223.. 2425— 26272829— 3031- Peso Cables 33.03 Colombia Checks 33.04 55.55 33.04 55.79 32.98a33.01 32.99a33.02 56.10 32.92o32.93 32.93a32.94 33.03 discount , SUNDAY 6- 55.01 .05 18.83ol8.87 a22.07 18.84ol8.87 Checks 31»a"i«% discount July July 7July 8July 9July 10— July 11- 22.04 55.13a65.19H 55.13Ha55.20 22.04Ha.06H July 10 July July a22.10 18.83ol8.87 05Ha22.07 18.85ol8.87 a55.32 55.20a55.32H 22.07Ha.09H a55.16 55.12Ha.16H 22.05a22.06H Peso Checks Checks SUNDAY July . Argentina Dollar Poland Guilder M m m HOLIDAY mm 25 21stoH% - — discount discount discount discount discount Ha#u% - discount discount discount discount discount 22 320 km - 32a%% 2»i»a2a»2% Haui«% Ha"i«% Haun% discount 56.10 32.89 32.90 56.26 32.91o32.93 32.92o32.94 56.66 32.91 32.92 56.66 SUNDAY mm m m — mrn H% »32a2332% Ha»x«% "i«o21»2% 32.86a32.87 32.87o32.88 56.50 32.84o32.85 32.85o32.86 55.95 32.86o32.87 32.87o32.88 56.12 32.86o32.87 32.86 3?.87o32,88 56.18 32.87 56.34 32.85a32.86 32.86a32.87 56.34 32.82o32.84 56.34 32.79a32.80 56.26 SUNDAY M «. mm mm M - mm mm m. + mm mm mm mm m mm mm 32.81a32.83 32.78o32.79 discount discount discount discount •x«a"a2% "s2a"»4% Ha5x«% %ahi% sx«a»#4% *'•40H % 56.26 32.78o32.79 32.78o32.79 56.26 32.79 32.80 56.26 32.80o32.81 discount discount 32.79o32.80 32.77o32.78 32.81o32.82 56.26 SUNDAY sitau(4% mm mm m, tm M *•» *• mm mm mm m. — 32.80a32.8l 32.81a32.82 32.82o32.83 32.83o32.84 56.26 32.81a32.82 32.82o32.83 56.26 32.79o32.80 32.80a32.81 56.26 32.75o32.76 32.78 discount discount discount discount discount discount *»2oH% sx«aH % 4x»aH% 11t2at32% **•40*32% 32.76o32.77 56.18 32.79 56.18 Ecuador 56.26 SUNDAY Sweden Norway Finland Brazil Chile Bolivia Krona Krone Markka, Milreis Peso Boliviano Sucre Checks Checks Checks 5.16o5.19 5.00 7.25 5.1605.19 5.00 7.25 5.00 7.25 Cables Checks Cables Checks 25.49 Ha25.62 25.50 6., 25.47 ruly ruiy 7. 8.. 025.53 24.85 o24.87 24.85Ha24.88 25.44 ruly 9_, ruly 10. ruly 11.. ruly 12.. ruly 13.. ruly 14.. ruly 16.. 17-. 18.. 19.: 20.. 21.. 22.. 23.. 24.. 25., 2627.. 2829.. uly uly uly uly uly uly uly uly 024.84 24.82 Ha.84H a25.45 25.44Ha25.46 24.79 O24.80 24.79Ha24.81 25.46 024.84 025.48 25.46Ha.48H 24.81 Ha24.83 24.82 24.80 H 25.45 24.81 25.45H 18Ha2.19H 18Ha2.19 025.42 24.76o24.77 24.76Ha24.78 25.39Ha25.41 24.75a24.76H 24.75Ha24.77 024.79 24.78Ha.79H 25.42Ho25.44 24.78 25.42 a25.44 24.77a24.79H 24.77Ha24.80 25.43 24.77 25.40a25.41H 25.40Ha25.42 24.76 o24.78 24.78 024.79 024.77 24.76Ha24.78 uly uly 30- 25.34Ha25.36 25.35 uly 31.. 4__ 5— HOLIDAY 5.85a5.89 July 5.86O5.90 5.1605.19 6- 5.85a5.89 5.86a5.90 5.1605.19 5.00 July 5.85a5.89 5.86o5.90 5.16o5.19 5.00 7.25 July 7.. 8— 5.85a5.89 5.86O5.90 5.1605.19 5.00 7.25 18Ha2.18H July 9- 5.8505.89 5.86O5.90 5.1605.19 5.00 7.25 July 11- 5.85a5.89 5.86a5.90 5.16o5.19 5.00 7.25 July 12- 5.82a5.89 5.83O5.90 5.16a5.19 5.00 7.25 18 02.18H 17Ha2.18H 17Ha2.18H 17Ha2.18H 17H02.18H 17Ha2.18H 24.73Ha 75H 24.70Ha.71H 24.72a24.73H 24.70Ha.71H 24.71 Ha.73H 24.73Ha.74H 17Ha2 17H 16Ha2.17H 16Ha2.17H 16Ha2.17H 17 a2.17H 17 02.17H SUNDAY 25.37a25.38H 25.37Ha25.39 24.72Ha.74H 024.76 25.39a25.39H 25.39 Ha25.40 24.74 25.38a25.38 H 25.38 H o25.39 24.74 024.75 25.36 025.37 25.36Ha25.38 24.71 Ha24.72 25.33 025.34 25.33Ha.34H 24.68Ha24.70 SUNDAY July SUNDAY 024.75 25.37Ha25.39 25.38a25.39H 24.73 25 34Ha25.35 25.35 025.36 24.70 a24.71 25.35Ha25.38 25.36a25.38H 24.71 Ha24.73 25.34 025.35 25.34Ha25.36 24.70 024.71 024.73 025.37 24.71 25.35Ha25.36 25.36 024.74 25.37Ha26.39 25.38a25 39H 24 73 5.84O5.90 24.73 024.75 24.75 024.77 24.74Ho.76H 24.72a24.72H 24.69o24.70H o24.71 24.70 Ha24.72 a25.37 24.70 SUNDAY 16Ho2.18 16Ha2.18 !7Ha2.17H 17 02.17H 16Ha2.17H 16Ha2.17H 7.25 ,' SUNDAY July 10- 25.41 25.42 5.86a5.90 123— 18Ha2.18H 18 02.18H SUNDAY 25.40Ha25.41 25.39a25.40H 25.42a25.43H 25.41 Ha25.43 l5_. ruly uly uly uly uly a25.49 25.47Ho.49H 24.82 5.85a5.89 5.8305.89 July July ,18Ha2.19H 18Ha2.19H SUNDAY HOLIDAY ruiy ruiy July Cables July 024.91 24.90Ha.91H 025.56 25.55Ha.56H 24.90 25.55a22.56H 25.55Ha25.57 24.90a24.91H 24.90Ha24.92 25.55 ruly ruiy ruiy ruiy Checks Checks . 5.8505.89 5.8605.90 5.1605.19 5,85a5.89 5.86a5.90 5.16o5.19 5.00 5.86o5.90 5.1605.19 5.00 7.25 161718— 192021222324— 25— 26272829- 5.85a5.89 5.86a5.90 5.00 7.25 5.85a5.89 5.86o5,90 5.16a5.19 5.85a5.89 5.86a5.90 5.16o5.19 5.00 7,25 5.85o5.89 5.8605.90 5.16o5.19 5.00 7.25 July 30July 31.. July 13- July 14-July 15-. July July July July July July July July July July July July July July ■ 5.00 5.16a5.19 7.25 SUNDAY 5.00 7.25 5.85a5.89 5.86o5.90 5.1605.19 5.00 7.25 5.85a5.89 5.86a5.90 5.16o5.19 5.00 7.25 5.85a5.89 5.86O5.90 5.1605.19 5.00 7.25 SUNDAY 5.86a5.90 5.16o5.19 5.00 7.25 5.85a5.89 7^5 5.85a5.89 5.86O5.90 5.1605.19 6.00 5.85a5.89 5.86o5.90 5.16a5.19 5.00 7.25 5.85a5.89 5.86O5.90 5.1605.19 5.00 7.25 5.85a5.89 5.86O5.90 5.16o5.19 5.00 7.25 5.84a5.89 5.85o5.90 5.16a5.19 5.00 7.25 SUNDAY Czecho¬ Uruguay Venezuela Peru Japan Hongkong Spain Italy slovakia Peso Bolivar Sol Yen Dollar Peseta Lira Koruna Checks Checks Checks Checks Checks Cables V 1- 5.80 5.26 y 2.. 345.. 5.65 6.. 7-. 8.. 5.70 9. 10y 11.. y 12. y 13. y 14., y 15., y 16-, y 17.. y 18y 19y 20y 21.. y, 22.. y 23y 24.. y 25y 26y 27-y 28.. 5.70 Cables Checks 5.26 SUNDAY y y y y y y 05.26H 5.26Ha5.26H 3.47 a5.26H 5.26Ha5.26H 3.47 5.70 HOLIDAY 5.26 05.26H 5.26Ha5.26H 5.26 05.26H 5.26Ha5.26H 5.26 05.26H 5.26Ha5.26H 5.26 05.26H 5.26Ha5.26H 5.26 05.26H 5.26Ha5.26H SUNDAY 5.26 05.26H 5.26Ha5.26H 5.70 5.70 5.70 y y 5.70 No Quotations 03.47H 03.47H 5.26 5.75 5.65 5.65 5.60 __ 3.47 3.47 03.47H 03.47H 3.46Ho3.47H 3.46Ha3.46H 3.46H03.46H 3.46Ha3.46H 05.26H 5.26Ha5.26H 3.45Ha3.46H 05.26H 5.26Ha5.26H 3.45Ha3.46H 5.26 05.26H 5.26Ha5.26H 3.45Ha3.46H 5.26 05.26H 5.26Ha5.26H 3.45Ha3.46 5.26 o5.26H 5.26Ha5.26H 3.45 H 03.46 SUNDAY 5.26 5.65 5.26 5.65 5.26 o5.26H 5.26 Ha5.26 H 3.45Ha3.45H 05.26H 5.26Ha5.26H 3.45Ha3.45H 5.65 5.26 05.26 M 5.60 5.26 5.60 5.26 o5.26H 5.26Ha5.26H 3.45Ho3.45H o5.26H 5.26Ha5.26H 3.45 03.45H 5.60 5.26 05.26H 5.26Ha5.26H 3.45 5.26Ha5.26H 3.45Ha3.45H 03.45H 5.60 SUNDAY 5.26 05.26H 5.26Ha5.26H 3.45H03.45H 5.26 o5.26H 5.26Ha5.26H 3.45 03.45H 5.26 05.26H 5.26Ha5.26H 3.45Ha3.45H 5.60 5.26 ir29-*. 5.75 5.26 y 30- 5.75 5.26 7 31- 5.60 5.60 a5.26H 4.26Ha5.26H 3.45Ha3.45H o5.26H 5.26Ha5.26H 3.45Ha3.45H 05.26H 5.26Ha5.26H 3.45Ha3.45H July 1July 2-. July 3-. July 4— July 5_. July 6July 7July 8July 9July 10July 11July 12— July 13July 14— July 15July 16— July 17July 18July 19July 20-July 21— July 22— July 23— July 24— July 25July 26— July 27July 28July 29— July 30„ July 31„ , Checks Checks 65.22o65.40 31.60 23.62o23.75 28.87a28.90 65.21o65.40 31.50 23.62o23.75 28.88a28.90 30.88a312is 30.88a31*xs 65.09o65.40 31.50 23.62o23.75 28.85o28.86 30.87a312x* 65.01a65.40 31.50 23.62o23.75 28.78a28.81 30.81o3Di6 64.94o65.00 31.50 23.62o23.65 28.74o28.78 64.99o65.C0 31.50 23.37a23.65 28.77o28.81 30.81a31ix< 30.81a31.00 64.98a65.00 31.50 23.37a23.65 SUNDAY 28.78a28.80' 64.88o65.00 31.50 23.37a23.65 64.83a64.84 31.50 23.37o23.65 28.71o28.74 28.71o28.73 64.88o65.00 31.50 23.12o23.65 28.73o28.76 64.87a65.00 31.50 23.12o23.65 28.72o28.76 64.86a65.00 31.60 23.12o23.65 28.73o28.76 64.85o65.00 31.50 23.12o23.65 28.72a28.75 SUNDAY HOLIDAY ' 30.79a30"xr 9?75flSo9lfl 30.73o30»x« 30.73o30H j 30.71O30H SUNDAY 64.76a65.00 31.50 23.12o23.65 28.71o28.73 64.70a65.00 31.50 23.12o23.65 28.67a28.70 64.73a65.00 31.50 28.66a28.71 30.66a30»x» 64.71a65.00 31.50 28.65o28.68 64.72a65.C0 31.50 23.12o23.65 22.62o23.65 22.75o23.65 28.65o28.68 28.68o28.73 30.70O30H 30.72o30H 30.75o30H 64.76a65.00 31,50 22.62o23.65 64.75a65.00 31.50 30.72o30H 30.68O30H SUNDAY 28.68a28.72 64.78a65.00 31.50 22.75o23.65 22.62o23.65 28.69a28.72 30.75O30H 30.73o30H 64.78o65.00 31.50 22.88a23.00 28.69a28.72 30.74a30ux< 64.73a65.00 31.50 22.88a23.00 28.67a28.70 64.66a65.00 31.50 30.73O30H 31.50 22.88a23.00 22H SUNDAY 28.64o28.66 64.68a65.00 28.66o28.69 60.70O30H 30.74O30H Philippine Straits Rumania Bulgaria Yugoslavia Greece Shanghai Islands Settlements India Java Leu Lev Dinar Drachma Yuan Dollar Peso Dollar Rupee Guilder Checks Checks .73 0.75 1.2401.25 .73 o,75 1.2401.25 2.32H02.34H 2.33Ha2.34H SUNDAY HOLIDAY 2.33 o2.34H 2.32Ha2.34H 2.32Ha2.34H 2.32Ha2.34H 2.32Ha2.34H 4- 5- ,73 0.75 1.2401.25 6- ,73 a.75 1.24ol.25 7- .73 a.75 1.24ol.25 8- .73 a.75 1.24ol.25 .73 a.75 1.2401.25 Checks .90Ha.91 .90Ha.91 .90 Ha. 90H Cables .90Ha.91H .90Ha.90H .90 Ha.91 .90 Ha .90 H ,90Ha.90H .90Ha.90H .90Ha.90H .90Ha.90H ,90Ho.90H SUNDAY .73H0.75 1.25 .73 H 0.75 1.2401.25 .73H0.75 .78H0.75 .73H0.75 .73Ha.75 1.24ol.25 1.24ol.28 2.33Ha2.34H 2.32Ha2.34H 2.33 a2.34H 1.24ol.25 2.32Ho2.34H 2.33 02.34H 1.24ol.25 2.32Ha2.34H . 1.24ol;25 .73Ha.75 1.24ol.25 .73Ha.75 1.24ol.25 .73H0.75 1.24ol.25 .73Ha.75 .73 Ha.76 .73Ha.75 .73 Ha. 76 1.2401.25 2.32 a.75 l,24ol.25 .73Ha.75 1.24ol.25 .73 A 1.2401.25 .90 O.90H .89Ha.90H .90Ha.90H .90 .90Ha.90H .90Ha.90H .90Ha.90H .90Ha.90H .90Ha.90H .89Ha.90H .89 Ha.90 H .89HO.90H .90 O.90H .90 SUNDAY a2.36 2.32 a2.36 2.32 02.34 .89 Ha. 90 H 1.2401.25 2.31Ha2.34 .89Ha.90H 2.31H02.34 2.31Ha2.34 SUNDAY .89Ha.90H .73 0.75 1.24ol.25 a. 75. 1.2401.25 .90Ha.90H .90Ha.90H .90 Ha.90 H .90Ha.9CH .90Ha.90H .90Ha.90H .90Ha.90H .90Ha.90H .90Ha.90H .90Ha.90H .90Ha.90H .90Ha.90H a.90H 1.2401.26 .73 a.90H SUNDAY 2.32H02.34H 2.32 . a2.34H 2.31Ha2.34H 2.31Ha2.34H 2.32 a2.36 2.32Ha2.36 ,73Ha.75 .90 .90 O.90H .90Ha.90H .90 a.90H .90Ha.90H ,90Ha.90H O.90H .89Ha.90H Checks ~ .90Ha.91H ,90Ha.91H July July July July July July July July July July July July July July July July July July July July July July July July July July July July July July July 1— 2.. 18.22ol8H 18.22ol8H Checks Checks Checks Checks 49l*x«o49.85 67.53o57.70 36.78a36.79 65.47 49.80o49»x# 57.73 36.79a36.86 55.00 3- SUNDAY 4— HOLIDAY 5_. 18.31ol8H 18.22ol8H 18H O18.60 49.80a4918x3 57.78057H 36.88a36.89 55.30 49.80o49»x« 57.60o57.85 36.84a36.92 55.23 7- 49.80a491,ia 57.67o57.75 36.82a36.86 55.21 8-- 18.18ol8.60 49.80o49lai« 57.58a57.80 36.84o36.88 53.27 9 18.16al8.50 49.80a491'u 57.63o57.70 SUNDAY 36.83a36.85 65.22 6— 10-. 11121314.. 18.16al8.50 49.80a49»x« 57.48o57.60 36.73o36.76 18.l6al8.50 49.80a49"xt 57.47o57.70 36.71o36.74 55.10 18.25al8H 49.80a49"x( 36.77a36.83 55.16 18.31al8H 49.8Ca491,i» 36.77a36.84 55.13 15— 16-^ 17— 18— 19-. 18.28ol8H 18.25al8H 36.78o36.80 65.14 49.80o49l*x« 57.48o57H 57.47o57H 57.50O57H 57.47o57H SUNDAY 36.76a36.79 55.12- 20— 18.34al8H 21 22— 23— 24-. 25.. 26— 27— 28-. 29„ 3031 18.38al8H 18.34al8H 18.31al8H — 18.25al8H 18.34al8H 49.80a49«x« 55.12 49H 049.80 57.43057H 49H 49H 49 H 49H 049.80 a49.80 O49.80 O49.80 49H 049.80 049.80 57.33o57.50 049.80 049.80 049.80 049.80 57.35o57.56 36.80a36.82 55.12 57.39o57.50 36.79a36.81 55.10 67.36a47.50 36.75o36.76 55.04 17.79ol8»u 49H 49H 49H 49H 49H 54.98 49H 049.80 57.28o57H 57.25o57H 36.70a36.73 17.15ol7H 36.73a36.80 55.00 36.73o36.75 55.11 57.33o57.45 36.67o36.69 55.03 57.33057H 36.69a36.72 55.10 57.33o57.45 36.68a36.73 56.04 57.35o57.50 36.68a36.75 55.07 57.33o57.50 36.75a36.78 65.12 36.76a36.80 55.09 SUNDAY 18.36al8H 18.38al8H 18.33al8H 18.25al8H SUNDAY i 30.75a30ux»j 30.73O30H t SUNDAY Checks .. 7.25 5.85a5.89 r " • New York Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF BOND PRICES DURING JULY 1938 July 1937 $160,504,000 1,864,857,000 Jan. 1 to July 31 NOTICE—Cash and deferred delivery sales are disregarded in the outside of the regular monthly range are shown in a footnote In the for the range The tables embrace every on 19 to 40 furnish pages security dealt in interest is in default. sent one or more Y. adopted by the New York Stock Exchange in 1909, all quotations for interest-paying I'fc —-1944-1954 1941 A J O D Sale Prices Sale Prices Sale Prices Salens 12 116.4 Apr. 119 June 14 117.7 118.17 Feb. 118.28 June 16 July 14 111.22 Apr. 114.23 June 9 July 13 112.17 Jan. 114.17 June 22 14 110.8 Mar. 113.11 June 21 112.27 May 24. 114.13 Sale 114.13 114.16 104.11 July 5 104.17 July 13 114.12 113.16 112.29 July 20 113.5 JUly 110.12 112.11 118.21 119 Apr. 106.13 106.9 July 26 106.17 July 1 105.21 Apr. 106.27 June 8 106.9 112 118.20 Sale 114.12 116.22 July 7 106.12 July 14 105.28 Feb. 106.14 May 9 July 20 107.22 July 5 106.29 Apr. 108.2 June Feb. 107.5 Mar. 21 iloTo li"o".2S llSri 106.9 Sale 107"" Sale 113". 19 11371 106.17 Sale 106.4 107.10 107.31 107.8 107.19 107.13 D 110.11 110.9 107.18 Sale 110.15 Sale 110.8 FA 10774 108.5 107.28 Sale Sale Sale 25 118.26 July July Sale" 109722 Sale" 27 110.16 July 12 110.12 107.25 July July O 1944-1946 AO 21 108.5 14 107.18 Jan. 110.25 June July 12 1 107.15 Jan. 110.22 June 18- 107.4 Jan. 108.14 Apr. 107.5 Apr. 107.2 Jan. 110.5 June 8- 107.14 Feb. 110.3 June 16- 10- July 107.4 107.3 Sale .1946-1949 J D 1949-1952 j~~D 109.22 Sale 105.28 Sale 108.15 Sale 16§7l"8 Sale" 23 109.30 July 15 July 2 109.22 July 2 109.18 July 27 109.27 July 13 107 Jan. 110.3 June July 15 109.26 July 15 106.30 Jan. 109.31 June 22. 108.12 July 5 108.22 July 12 105.27 Apr. 108.25 June 15 June 108.20 . . 105.22 Sale 108.10 108.20 108.13 109 June 16 105.19 Jan. 108.16 June 6 Jan. 105.20 Jan. 3 105.2 Apr. 108.5 June 20 Apr. 106.20 108.5 5 108.14 July July 29 107728 Sale" 107725 July 106.18 Sale 106.6 July 104.3 103725 July" 108"" 106.20 July 12 103.26 Mar. 106 May 3 5 10477" July "ll 101.24 Apr. 104.15 June 2 101.24 107.26 Sale 22 104.9 105.10 Sale Jan. 104.5 June 2 July "ll — -— -...1951-1955 M S 104.4 Sale 106.9 Sale — ..1955-1960 ..... m s 101.30 Sale Sale 1067l4 Sale" 1945-1947 M S 103.26 Sale 1948-1951 M 102.1 Sale 1951-1954 J 100 "31 Sale" 106.16 107 106.10 June 2 106.20 12 103.25 Jan. 106.23 Apr. 105.31 May 104.29 July July 103.25 Treasury 2Mb Registered 103.29 Sale 101.24 Sale - Treasury 2Ms Registered Treasury 2M8 Registered July 29 101.27 Apr. 104.29 July 3 29 103.21 July 13 - ..... S 104.19 104.28 104.27 Sale "ll 103713 I64."l9" July" June 21 103.18 104 103.10 103.21 July 13 100.26 Apr. 102.31 May 17 102.31 May 17 10373" Sale" 102722 July" 10376" July "ll 100.14 Apr. June 101.6 D Mar. 21 101.6 Mar. 21 101.31 Sale 102.9 101.27 July 102.10 July 28 101.19 June 27 102.10 July 10672" 10676* 105.30 Sale 165730" July Jan. 103 July ... 1956-1959 M S 277,000 Treasury 2Mb.. 100~30 Sale" 102726 Sale Registered J D 1945 J D 1958-1963 Treasury 2%a Registered Treasury 2M» m,66o 6< July 105.20 Sale 1946-194S j~D Treasury 2%a Treasury 2Mb Registered 2967666 2 109.18 105.20 109.25 Sale 106.30 Sale — Treasury 3s... Registered-.. 1757666 June 17 109.26 109.25 Sale - Registered 930"666 2. July 108.20 A ... 222,000 Treasury 3s. 5657000 Highest Sale Prices 110.12 J Registered.... 1727666 Ask 109.22 —1943-1945 Treasury 3J^s 2537666 Ask Bid J, Registered. _ " ----- Treasury 3M« Registered Bid Lowest 107.5 1943-1947 Registered 2,000 148,000 Treasury 3%a Registered 1,000 206,000 Treasury 746"000 Ask Highest — — 1947666 SINCE Lowest July 30 107.3 -1947-1952 - Registered.. 1,000 114,000 Treasury 3 1946-1956 vTfc Registered —-—— 77T660 Treasury 3H»--------*-.1940-1943 J D Registered ...... 2,000 -.-1941-1943 m's 23.000 Treasury 3H* 23,566 July 1 1938 BONDS GOVERNMENT Registered.... 39~666 Treasury Registered 3,000 92,000 Treasury 3Mb Registered RAffllE PRICES IN JULY Jan. 3 ►5 ft, Bid S are bonds became effective Jan. 2,1909. Price STOCK EXCHANGE $ U bonds income bonds and bonds on which Quotations after decimal point repre¬ The exceptions to the rule point. a 84,000 Treasury 4Mb Registered lio'ooo Treasury 4s The tables We give bonds first, using the classification adopted in the official list headed "Interest Period" indicate in each case the month when the bonds mature. 1 BONDS July N. complete record of the transactions on the New York Stock Exchange during They need no extended introduction, as they are self-explanatory. This method of quoting 32ds of Sales in 2571666 Jan. 1 to July 31 20,722,285 249,593,212 38,773,576 156,938,758 month's range unless they are the only transactions of the month, and when selling month in which they occur. No account is taken of such sales in computing the which accrued interest must be added. pr.ce to Value Shares the Exchange. on In accordance with the rule a a since Jan. 1. range The black-faced letters in the column at July year. July, 1938, and the are 1937 1938 Stock Sales 1938 $178,265,000 1,046,892,000 Bond Sales Treasury 23^8 Registered 102.17 Sale Sale 2 103.10 106.7 July 12 102.14 I6I72T July 29 161"" Mar."31 164721 July "l2 4 106.7 2 28 June 21 ... 104715 s"a"le"" loiTw) Sale" 1948 m"s .... -.1949-1953 Registered 104710 July' 101730 Sale"" 101725" July" 21 102.5 July D 99.23 Sale 102.3 Sale "29 — 99.18 Jan. 4 102.5 99.25 J Apr. 14 100.27 July 12 Apr. 26 28 107.7 June 16 Federal Farm Mortgage Corp— 12,000 3Ms Registered 3037666 1,000 314,000 103.10 104 106.29 107.16 106.25 107.10 106.27 103^25 Sale" 106 Sale 106.8 Sale 3s Y'j 103730 Sale" 106 Sale 106 106.16 105.27 M 105.2 105.16 104.25 105.10 104.29 103.25 Sale 106 Sale 106.16 105.29 July 161725 Sale" 102.28 Sale 102.23 Sale 102.16 July 104.3 104.3 Sale 103.26 July 20 10477" M S July 22 106.31 July 29 103.28 Jan. 105.31 July 6 106.9 July 11 103.4 106.1 1944-1964 - - 3s—— Registered July 18 106.1 July 18 July 22 106.2 July 6 1942-1947 July 27 105.2 July 29 6 106.8 July 27 20 102.30 July 8 July ""2 Registered " 97600 2Mb- — — - ---1942-1947 S 106.1 103.22 Jan. Mar. 8 104.16 Mar. 102.13 Apr. 5 105.10 June 20 103.9 Apr. 105.9 ... Apr. July 104.16 1944-1949 MN May Apr. 11 106.23 3 105.20 2 106.17 June 16 18 106.1 27 106.18 July 18 June 21 8 Home Owners Mtge Corp— 156,000 3s Series A.. — 1944-1952 MN ... 106.8 Registered-. 2337606 1,0597660 2Mb Series B Registered........... 2Mb Series C.. 1939-1949 --...1942-1944 f A 101.9 June 2 May 17 Sale" Sale Apr. 22 101.29 }"j loITs 4 103.13 Mar. 25 101.29 Mar. 25 101.5 Apr. June 16 1 104.15 FOREIGN GOVT & MUNICIPALS Agricultural Mtge Bank (Colombia)— ♦Gtd sink fund 6s 1947 19,000 ♦Gtd sink fund 6s 1948 27,000 22,000 Akershus (Kingd of Norway) 4s. .1968 42,000 ♦Antioquia (Dept of) Col 7s A—1945 ♦External 8 f 7a series B— 1945 11,000 ♦External a f 7s series C_. 1945 8,000 ♦External s f 7s series D .—1945 25,000 ♦7s 1st series 1957 41,000 ♦7s 2d series.. 1957 22,000 ♦7s 3d series ..1957 46,000 1958 51,000 Antwerp (City) extl loan 5s Argentine Nation (Govt of)— Sinking fund external 4Mb 1971 MN 294,000 S f external conv loan 4s..Feb 1972 F A 329,000 S f extl conv loan 4s Apr 1972 A O 211,000 For footnotes see page 30. 2?* 22 all* 24 M 24 M 30 Sale 9M Sale 94 % ...... 8 9% 10 9H 11% 9% 13 H 8M Sale 8 8M 8 95 H 96 M Sale 88 m Sale 88M Sale 96 Sale 89 % 80 M. Sale 80 M Sale 80 M 80 % Sale Sale Sale 89 % 23 M July 23 M July 14 1 94 % July 30 7% July 6 H July 2 July 2 July 25 July 2 July 2 July 6 July 1 7 89 July 20 1 28 80 M July 80 July 25 July July July 9j July 91 July 9 July 9M July 8M July 8 July 8M July 96 July 25 95 91M July 83 M July 83 July 28 28 16% Jan. 17% Jan. 94M July 6 6 Jan. 29 29 29 29 30 29 29 19 5 H Mar. 90 M June 9 18 11 88 Jane 17 78 M June 17 78 H June 16 6 6 Jan. Mar. Jan. !**& 25 25 July 28 July 28 96 June 24 9M July 9M July 9 July 9M July 8M July 8 July 8 H July LOOM Feb. 29 29 29 29 30 29 29 25 96 M Jan. 3 3 3 88 M Jan« 88M Jan. 20 N. T. STOCK EXCHANGE—BONDS Sales in July Price BONDS . N. Y. UTOCK Value $ 213,000 174,000 207,000 Fortltn EXCHANGE QoTarnnwnt Australia 5a of 1929 Inter Period (CotKiss**) July 191995 J J J • f 7s——1957 19,000 ♦Bavaria (FraaStata) aztlt»Hi...l94S fr a 83,000 Belgium 29 year external 4HI—W49 M S J J 57,000 20,000 External «f 7e.... ........1999 J D 41,000 f Bergen (Norway) extl 5s........ 1960 M S 33,000 ♦Berlin (Germany) s f 4H* 1959 A 0 ♦External sinking fund 4s.....1998 J D 28,000 214,000 ♦Brasll (U S of) external 8s.....1941 J D ♦Ext s f g 4H« of 1924 334,000 1957 A O ♦Extl s f 4H« of 1927 263,000 1997 A O ♦Cant Ry 30-year g 7s........1952 J D 92,000 26,000 Brisbane (City) a f 5a.. ....1957 M £ 64,000 Sinking fund gold 5s .....—-.1958 F A J D 104,000 124.000 ♦Austrian Go?t 20,000 ♦Budapest (City of) 6s..—.——1962 1,000 ♦Buenos Alrai(Pror) ref.ext'l a f 6s 1941 1,000 ♦Stamped.. ————-i-".♦6)4* stamped——————1961 24l"u00 Readjustment 4H-4H*——1977 59,000 Refunding s f 4)4-4)4*——1976 Extl readjust 4H*-45i* 45,000 1976 Extl s f 4)4-454 5 bonds 50,000 1975 30,000 8% external s f $ bonds....... 1984 Bulgaria (Kingdom of)— ♦Secured s f 7s ........-1967 77,000 139,000 ♦Stabilization loan 7)4s— 1968 160,000 Canada (Dom) Gold 4s———I960 193,000 30-year gold 5s.. v}J8 220,000 10-year 2Ha ... Aug 15 1945 128,000 25-year 3Ha —J'61 62,000 7-year 2)4 a —1944 548,000 14,000 ♦Carlsbad (City) s f 8s...— 1954 18,000 ♦Cent Agrlc Bank (Gar) 7s. 1950 24,000 ♦Farm Loan s f 6s -1960 40,000 ♦Farmloansf 6s ........... — I960 2,000 6s Oct coupon on 1960 70,000 ♦Chile Republic ext s f g 7s.... 1942 184,000 ♦External sinking fund g 6a I960 127,000 ♦External s f gold 6s—...Feb 1961 71,000 ♦Ry ref extl s f g 6s Jan 1961 73,000 ♦Extl a f 6s Int ctfs Sept 1961 50,000 ♦Extl sinking fund 6s .1962 ♦External sinking fund 6s..—.1963 66,000 84,000 ♦Chile Mtge Bank of gu s f 6 .1957 ♦Guar s f gold 654*—.........1961 46,000 67,000 ♦Guaranteed s f gold 6s. .1961 ♦Guaranteed sinking fund 6S..1962 36,000 1960 49,000 ♦Chilean Munlc Loan 7a .... ♦Chinese Hukuang Ry 5s....—1951 lV.ooo ♦Cologne (Germany) s f 6)4* 1950 Colombia (Republic of)— ♦6s of 1928.— Oct 1961 253,000 162,000 \ ♦Extl i f g 6s Jan 1961 9,000 ♦Colombia Mtge Bank 6 Ha 1947 22,000 ♦Sinking fund 7s of 1926—...1946 8,000 ♦Sinking fund 7s of 1927......1947 124,000 Copenhagen external 5s....—.1952 79,000 Gold 4)4*—.—— 1953 2,000 ♦♦Cordoba (City) 7s ~s —.1957 ♦♦7s stamped 38,000 1957 20,000 Cordoba (Pro?) Argen 7a— ..1942 . , 21:000 ♦Costa Rica (Rep of) 7s.........1951 3,000 Cuba (Rep of) 5a of 1904 .......1944 1,000 5s ext debt Ser A of 1914......1949 16,000 4)4* external loan....——1949 252,000 4J4s external debt.. —-.1977 12,000 30-year a f 5)4*---—— 1953 ♦Public Works 5)4a._.June 30 19QQ 670,000 14,000 Czechoslovak (Rep of) extl 8s...1951 Sink fd 8s ser B. 1952 15,000 105,000 Denmark 20-yr external gold 6s .1942 External g 5)4s_—— ....1955 97,000 External g 4)4a .1962 213,000 Deutsche Bank Am part ctfs 4s 1932 2,000 ♦♦Stamped extd to Sept 11935..... 1942 8,000 Dominican Republics f 5)4* 1,000 1st ser 5)4* of 1926. .1940 1,000 2d series sinking fund 5)i* 1940 6,000 Customs Adm 5)4* 2s ser...... 1961 2,000 5)4* 1st series...—...—..1969 1,000 5)4* 2d series... ...1969 1,000 ♦Dresden (City) extl s f 7s ......1945 El Salvador (Rep) 1st s f 8s A...1948 ♦Certificates of deposit—......... 15,000 6,000 Estonia (Republic) 7a 1967 12,000 Finland (Rep of) external 6s....1945 13,000 ♦Frankfort (City of) * f 6)4*.....1953 28,000 French Republic 7)4* stamped..1941 26,000 7)4* unstamped. 1941 External s f 7s stamped 1949 5,000 J 1938 Bid J External loan Si of 1927......-1957 M S External g 4^1 of 1928——1956 M N D Ask 104)4 Sale 104 105 100 % Sale 103 2054 Sale 114)4 Sale1 9954 100)4 18 23)4 2054 Sale 21)4 Sale 19 )4 Sale 185? Sale 18)4 19 9954 Sale 99)4 9954 102)4 Sale 22)4 Sale 80 70 70 106 85 M S 69)4 Sale F A 695? A O MN J J J J MN A O M N F A J J J J J J J J M S Sale 69)4 Sale 72)? Sale 53 Sale 3154 Sale 33 Sale 108)4 Sale 112 H Sale 100)4 Sale 100 k 100)4 99)4 Sale 95)| Sale 5654 59 J J 36 26 A O 26 A O MN Sale 33 31)4 1654 0 16)4 Sale F A 1654 J J M S 8 MN J D J D A 0 M N M S J M D 17)4 1654 Sale 1654 17)4 lift 17)4 16)4 Sale 1454 1554 1454 15 H 1454 1554 145? 15 10)4 12 20 40 8 21)4 A O .14)4 J J 13 Sale A O 22 MN 20 F A J D M N F A F A J J MN M 8 F A F A J 23)4 ..... 99)4 Sale 9754 9754 5254 54 53)4 Sale 86 —— 17)4 Sale D I J J D 103 A O J F A A O ..... 103)4 95 ..... 102)4 Sale 7154 Sale A O J — 105 101 105 .104 Sale 10154 9954 Sale . M S 75 50 85 8 AO 50 65 A O 50 50 64 O 50 A O 50 59 M M S A 66)4 J J J M S MN J D j~D 7s unstamped..............1949 101 995? Sale 101 14 106 80 78 65 12J4 63)4 x57 Sale 10)4 —- 57 57)4 5554 70 61)4 Sale 39)4 41 44 35 109jH Sale 110 Sale Ulk Sale 111% 113 102)4 Sale 103)4 Sale 102 H 102)4 10354 —— 101 Sale 101)4 98 Sale 9854 Sale 25 25)4 30 29)4 3454 Sale 34)4 35 30)4 Sale 29)4 3154 30 Sale 30)4 Sale — 18)4 19)4 Sale 18)4 1854 18)4 18)4 18)4 1954 19)4 195? 19)4 1954 Sale 19)4 Sale 1754 Sale 17 1954 1754 Sale lOOHt 20)4 20 14 M 13 13)4 1254 99)4 99 Sale Prices 99 Mar. 18 5 14 5 26 96)4 Mar. 18 102 Feb. 28 Mar. 16 105)4 Feb. Mar. 1954 Mar. 31 23 100 100 19 19 Sale 19 19 19 18)4 Jan. 24 12)4 Mar. 29 1054 Apr. 1654 Sale 13 _ — 20)4 Sale 20 14 14 . 15 45 ; 23)4 Sale 23)4 24)4 June 15 64 51 Apr. 23 Apr. 6 July July July July July 16 k July 1651 July 1551 July July 30 July 30 July 20 July 2 July 30 7 103k July 28 1 10154 July 13 98 ,1 26 k July 28 12 July 12 19 3454 July 11 25 30)4 July 1 23 30)4 July 1 28 26)4 July 28 29 19)4 July 14 28 19 k July 9 27 19)1 July 1 28 19)4 July 18 28 1954 July 7 27 1954 July 1 29 19)4 July 1 26 17k July 19 27 17)4 July 2 23 1754 July 2 28 17)4 July 6 30 16)4 July 11 20 54 July 27 14)4 July 5 26 July 34)4 July 2954 July 29)4 July 26)4 July 1854 July 18)4 July 185? July 18)4 July 18)4 1854 1854 1654 16)4 34 1 35 5 110 1 112)4 5 103)4 7 20)4 14 52 55 79 81 83 July July July July July July July July 18)4 99$ 19)4 101)4 10354—— 10254 98H 9854 9854 5954 10154 107 10254 7254 Sale 71)4 72H 72)4 105 75 76 Sale 101)4 Sale 98)4 Sale 98 58 5754 58)4 58)4. 59)4 59)4 20)4 21 25 Sale 106)4 Sale 20)4 Sale 103 H Sale July 83 25 34)4 Jan. 8 17 35)4 Jan. 7 52)4 Apr. 53 3154 Jan. 32)4 Jan. 105)4 Mar. 109k Mar. 98 Mar. 9854 Mar. 975? Mar, 92H Mar. May 20 ♦35-year 5Ha stamped... 1965 ♦5)4s unstamped...........1965 J D ♦5)4* stpd (Canadian holder)—1965 ♦German Republic 7s stamped..J949 25)4 2154 20 v"o 2554 23 » Communal Bks— 16,000 ♦(Cons Agrlc Loan) 6)4* ser A.1958 J 0 3,000 ♦Greek Govt secured 7s.........1964 MN 30)4 31)4 24 ♦7a unstamped..........—.1949 27 18 110 18 113)4 18 103 H 18 10354 18 10154 18 9854 18 62k 19 38 34 H July 29 Mar. 17 28 Mar. 18 26)4 July 28 14)4 Mar. 25 14 k Apr. 1 15 Mar. 28 15 Mar. 23 15 15 14 H 12 k Mar. 23 Apr. 1 1 Apr. Mar. 28 12)4 Mar. 23 12 k Mar. 2? 13 Mar. 21 11)4 Mar. 2* 24)4 June 10 19 J? Jan. 17 1 18)4 July 30 18)4 July 30 24 July 19 24)4 July 27 25 July 28 9954 July 21 98)4 July 18 a8054 July 2 60 8 28 17 11 7 10 7 7 3 10 10 Mar. 2£ Mar. 2f 1754 Jan. 11 16)4 Jan. 10 17 Jan. 8 92)4 Mar. 18 92)4 Mar 30 80 43 July 22 July 25 80 • Jan 24 Apr. July 6 6 58)1 22)4 95)4 10554 20 99 56 "65"" 61 July July 6 100 9 60 5754 July 12 58 July 6 58 July 9 57)4 July 20 60 July 28 20)4 July 21 75 70 62 65 21 24 22)4 July Sale" 21 95 July 105 5f July 20 H July 10754 Sale 103)4 July 100 Sale 100 100)4 101 July 111)4 113)4 110)4 ..... 111 July 99)4 100)4 July July 58 60 60 60 July July 20)4 July 21 23 H :l 95)4 7 106)4 25 2054 1 10754 1 101 12 112 11 — 2654 July 22)4 July 5 23 July 5 30)4 July 20 2554 July 28 23 33 5 1 26)4 July 5 2754 27)4 28)4 27)4 26)4 2754 July 26 28)4 July 13 2,000 45,000 38,000 ♦7s part paid.......-...—..1964 ♦S f secured 6s...... ♦6s part 1968 FA paid...............1968 1952 AO ...1946 A O J ♦Heidelberg (City) extl a f 7)4*..1950 J Helsingfors (City) ext 6)4* ..I960 A 0 Hungarian Cons Municipal Loan— ♦Secured s f g 7)4*—.—....1945 5,000 ♦Secured s f g 7s 22,000 ..1946 6,000 ♦Hungarian Land Mtge 7)4* A—1961 •S f 7)4* series B. 3,000 1961 1,000 ♦Hungary (Kingdom of) 7)4*.... 1944 Extended at 4)4% to..—......1979 5,000 Irish Free State external 5s J J J J MN 32 July 28 July 19 28 July 23 25)4 July 22 80 July 23 20)4 July 1 87)4 22 19 ..... 64)4 Sale 4254 42 62 77 --- 22 ..... 6 2)4 J ♦Assenting 5s of 1899.... ..1945 ♦Assenting 5s large............... q"j ♦Assenting 5s small—.——— Q • "7854 Sale" Sale 61)4 Sale 69. Sale 55)4 Sale 75 |H "254 2)4 79 Sale 2254 3H 8)4 1)4 24)4 854 254 1)4 104)4 7)4 ..... ""1)4 20 29 19 26)4 July 25 July 21 24 72 20 July July 7 23 14 18 1954 12)4 12)4 1254 12)4 42 45 43 40)4 43 13 113 60 "75"" 75 62 July 12 13)4 July 22 July 1 13)4 July 22 43 July 27 4154 July 5 July "23 July 28 41 v 76)4 Sale 74)4 76 July 26 July 21 July 12 July 20 July 27 July 5 "79 k July ""6 12k 79)4 July 65 9 11 6 July 70)4 Sale 51)4 Sale 5954 July 25 68)4 July 27 50 July 22 73)4 July 56)4 July 40 40)4 July 28 42 21 25 41)4 22)4 21 July 21 24)4 July 28 8)4 July 8 1)4 July .19 28 9)4 11)4 1)4 Sale 6 IK 1)4 154 July 7 80 90 ■K . | July "21 24 17 Jan. 31 Feb. 23 Feb. 15 Mar. 30 July 21 Feb. 4 Feb. 15 Jan. 24 Jan. 25 Feb. 14 Feb. 2 Feb. 25 July 13 Mar. Feb. Jan. Jan. Jan. Feb. 1 23 24 15 20 24 Apr. 12 Mar, 3 30 26 100)4 Mar. 5 9 18 10854 Jan. 24 Mar. 29 22 8 30 108)4 Mar. 11 Mar. 15 2 101 June 25 4 113 24 100)4 Feb. 1 28)4 Mar. 10 2454 Feb. 23 23 July 5 34)4 Feb. 23 27 k Feb. 25 29 Feb. Jan. 1 Jan. 13 33 July 28 30)4 Jan. 12 29 27 85 1154 Apr, 13 19 Jan, 28 23 18)4 Jan. 11 1254 July 12 18 Jan. 25 11)4 Apr. 25 13)4 July 22 37 May 2 59 k Feb. 16 32)4 Apr. 9 4154 June 28 112k May 25 117)4 Mar. 30 72 Mar. 31 82 Jan. 19 70)4 Apr. 1 80)4 Jan. 21 56 Mar. 18 65k Jan. 12 68)4 July 27 81 Jan. 4 49)4 Jan. 12 64)4 Jan. 4 35 Apr. 5 20)4 Feb. 8 24 k July 28 . . 6. Mar. 31 .1)4 May 27 1)4 Mar. 29 154 Apr. 5 l k July 21 , ""1)4July"2l ""154 Jan. Ilk Apr. 24)4 July 28 15 Jan. Jan. 21 Jan. 21 Jan. 5 19 22 M Mar. 6 8 16)4 Apr. 30 1754 Feb. 28 104 Mar. 18 105)4 Feb. 24 . 1)4 Jwiy 21 62)4 Jan. 20 45)4 Mar. 23 7 June 20 24)4 July 28 -Ok July 29 -2 k Jan 12 , 4 1)4 1)4 24 23 23 23 23 24 23 3 Jan. 70 July 1 21)4 July 29 9% July .29 154 July 26 23 2454 Mar. 5 29 k Apr. 1 26)4 Feb. 28 2254 Apr. 1 19 H Mar, 29 33 29 l04"""july "~2 104)4 July"26 13* 12)4 11)4 12)4 12)4 July July 29 ...- 12 K 14 113"" I— Sale 80 67 Sale 80)4 20)4 Sale 20)| 17 1754 20)4 105 104 1254 Sale 1254 1954 42)4 45 4054 43 80 24 104 1954 1954 59 18 A Sale 80 18 57)4 1960 F 25 72 ^ A ♦Mexico (U S) external 5s of 189981945 Q "26"" 19 23)4 A 4i;ooo ♦Jugoslavia (State Mtge Bk) 7s..1957 A O 3,000 ♦Leipzig (City) external s if g 7S.1947 F A 1,000 ♦Lower Austria (Prov) 7)4*.. 1950 J D 33,000 ♦Medellin (Colombia) 6)4*..—...1954 J D 3,000 ♦Mexican Irrig Assenting s f 4)4* 1943 MN For footnotes, see page 30. 2754 "30" 27)4 Sale 1754 17 H F 84,000 Italian Public Utility s f g 7s. 1952 J J 466,000 Japanese Gov extl s f 6)4*—....1954 F A Extl sinking fund 5)4*———1965 MN 240,000 . 19 —. 105 MN Italy (Kingdom) external s f 7s. 1951 J D 27,000 Italian Cred Consortium 7s ser B1947 M 8 •15",000 11 .....■ F 339",666 25,666 — 29 15,000 Haiti (Rep of) 6s series A 24,000 ♦Hamburg (State) 6s..— 13",666 29)4 28 31)4 30 28 25)4 84)4 20)4 19)4 22 23 22 23)4 July 22 2lk July 25 23 July 5 30)4 Apr. 20 24)4 Apr. 19 5 July July 23 June June July 28 21)4 June 95 Mar. July 19 July 1 104)4 Mar. July 7 19)4 Jan. 99 Mar. July 28 July 15 93)4 May July 5 104)4 Apr. 99H Jan. 23)4 July 22 2154 July 25 — 28 18)4 July 30 18)4 July 30 24 July 19 24)4 July 27 25 July 28 101)4 Mar. 7 I00k Mar. 3 5 100 67 7 7 62 June 11 64 Jan. 6 64 55 H June 6 62 51 Jan. 6 62 19 Feb. 8 22 28 28 2454 Sale 21)4 22)4 21)4 31)4 Sale 25k 27 28)4 26)4 July 19)4 June 19)4 June 19 % June 19 k June 19 k June 19k June 19k June 18)4 June 18)4 June 18 June 1854 June 1654 June 30 May 21)4 Apr. 83 2 12 July 6 July 28 24)4 Sale 22)4 23 22 H 23 31 Sale 26 27 29 32 8 Feb. 2 Jan. 20 July 30 July 28 July 13 July 28 Feb. 16 Mar. 9 Mar. 3 Mar. 8 55 55 56 55 13 5754 July German Prov 8c —30 32 Sale 104 QQ 60 59)4 22 80 1 2 2 7 6 Jan. 85 .Feb. 7854 Jan. 79)4 Jan. 705? Jan. 7054 Jan. 70)4 Jan. 72)4 Jan. 53 Jan. 1854 July 2 19 H July 20 16)4 May 21 24 101)4 July 15 101)4 July 18 101K June 15 104 8 103 10354 July 8 10354 July May 25 110)4 97 99 July 15 99)4 July 7 96)4 Jan. 18 102 Sale 5954 July 30 6254 July 21 5954 July 30 6254 10454 103 July 6 105 July 16 100 May 24 106 Sale 6954 July 14 73)4 July 8 62)4 Apr. 9 78)4 75 71 July 15 75 50 July 8 Mar. 23 104 70 80 69 July 15 7254 July 21 56 Mar. 24 105. 10454 Sale 10454 July 14 10554 July 6 101)4 Mar. 31 10654 10154 Sale 10054 July 1 101 k July 29 98 Apr. 14 104 99)4 100 98)4 July 1 100 )4 July 15 9454 May 28 102 62 62 95 Sale 5 1 7 12 20)4 July 23 Mar. 31 54)4 Apr. 5 36)1 June 17 26 23 26 13 32)4 July 33k July 109)4 July 11154 July 102 )4 July 102)4 July 101 July 97)4 July 9554 1854 12 65 94)4 ...... 12 July 26 23)4 23)4 23)4 Sale' 97)4 96)4 97)4 9554 60 a8054 60 Sale 54)4 97)1 Sale 1 10154 Jan. Mar. 31 102)4 Jan. 70 19 5 7 18)4 Sale 18)4 Sale 24)4 26 24)4 30 * Apr. 81 5954 July 60)4 July 40)4 July Jan. 15 Feb. 4 Feb. 9 Feb, 18 24 Mar. 14 23 Jan. 11 1954 Jan. 10 19)4 Jan. 10 98 2 3 6154 July 61)4 July 6454 July 44 July 8 13 95 13 18 1 1054 Mar. 31 May 78)4 May 2 Jan. 3 4 7 10)4 Mar, 31 19)4 Jan. 96 )4 Apr. Mar. 15 9 102 12 58)4 July 1654 17 H 16)4 18 16)4 17 1554 Sale 17 Mar. 16 108 3 2 Mar. 16 107)4 107)4 Mar. 17 11554 100 Jan. 4 102)4 19)4 Jan. 27 23)4 July 29 July 5 July July Sale Prices 10654 Feb. 9854 Mar. 18 106)4 Feb. German Gov't International— 368,000 14,000 2,000 315,000 26,000 1 Highest 57" ""July ""I "6l"" July*23 16)1 Sale 70 99)4 102 Sale Prices 1 105)4 July 29 " Sale Sale 57)4 100 110 H 81 70 34 5754 57)4 98 103)1 106 75 41 5854 92)4 30 20)4 105)4 12)4 July 3254 35 3354 Sale 59 10254 Sale 100)4 14 59)4 Sale 60)4 64)4 59 63 61)4 72 19)4 Sale Lowest July 5 105)4 July 29' July 6 10154 July 30, July 1 37)4 July 2 July 21 21)1 July 2 July 5 10654 July 26 July 1 104)4 July 14l July 6 111)4 July 27, July 19 10054 July 1 July 22 21)4 July 22, July 26 2054 July 6 July 1 16 k July 11 July 5 15)4 July 14 July 5 15)| July 14 15 July 1 July 14 July 1 July 26 101 July 11 100)4 July 1 July 15 July 8 102 101)4 65 5754 25 34)4 99)4 100 107 108 21)4 104 100)4 101)4 102 13 75 63 10354 July 9954 100)4 Sale Highes. Sale Prices Ask Ask Bid Sale 105)4 Sale 104)4 104)4 104)4 105 Sale 100)4 Sale 101 31 35 30)4 Sale 20 K 21)4 20^ A/ 106)4 105)4 105)4 106 10354 Sale 103)4 103 k 110)4 111)4 111 111)4 10054 Sale 100%10054 2054 21)4 2054 21)4 20 21 20)4 Sale 1554 Sale 14)4 Sale 14)4 Sale 13)4 Sale 14)4 Sale 13)4 Sale 1354 14)4 1254 Sale 65 75 MN J Bid 104 Sale" "1954 Sale" "18)4 "I9" A M RANGE SINCE JAN. Lowest July 30 July 1 , M S A 22 106)4 Sale 104)4 Sale MS F PRICES IN JULY Jan. 3 Feb. 28 1 Mar. 1 Mar. 24 454 Mar. 4 3 N. T. STOCK Aug., 1938] Sales in BONDS N. 7. STOCK EXCHANGE 69,000 ♦Accenting <i of 1904.........1954 * 12,000 accenting 4s of 1910 large.—— 60,000 •lamenting 4s of 1910 small....... 1,000 ♦♦Trace 4s of *13 assent (large) 1933 1,000 •♦Small 140,000 Milan City (Italy) ext loan 6*4c_.195? Win as Geraes (State of, Brazil)— 63,000 ♦Sec extl s f 6*4e ...1958 17,000 ♦Sec extl s f 6*4 s 1959 14,000 ♦Montevideo (City) 7s...........1952 6,000 ♦6s series a. 1959 99,000 New South Wales ext s f g 5s...1957 ..... 28,000 External s f g 5s 1958 30,000 Norway 20-year ext s f 6s.Aug is 1943 148,000 20-year external a f 6a_ Aug 15 1944 40,000 Extl sinking fund 4Ks_... 1956 96,000 External sink fund 4*4e—„...1965 175,000 4s s f extl loan .1963 3,000 Municipal Bank ext s f 5s 1970 14.000 ♦Nuremberg (City) external 6s.. 1952 302,000 Oriental Development 6s 1953 70,000 External deb 5 He 1958 66,000 Oslo (City) 4he extl sink fund..l955 IK i f 8o m s m s d mn f a a o f a f a m 8 a o f a j d f a m 8 mn o a S s ♦s f gold 6s 1952 a o 31,000 Queensland (State of) ext s f 7s..1941 a o 8,000 25-year extl s f 6s Feb 15 1947 f a 6,000 ♦Rhine-Main-Danube deb7a ser a1950 m s 13,000 97,000 ♦Rio de Janeiro (City of) 8s ♦Extl Sale 9% Sale 9*4 10* 55 64* 55 60 101 101*1 101H Sale 105*4 Sale 106*$ Sale 10454 Sale 102*4 103 102*| Sale 102*4 104*4 19 60 Sale 55*4 Sale 103*4 101 101*4 105 "35*4 ~40" 9 11*4 9*4 9*4 65*4 .1946 10 9] 95j 20 J 205 108 10*4 15*4 Sale Sale Sale 11 10*4 11* Sale Sale 107*4 112 24 36*4 1953 10*4 9*4 1946 6he sec 64*4 59*4 Sale 22,000 ♦Porto Alegre (City of) 8s. d 1961 11,000 ♦Extl loan 7*4s .1 ......_196<> 20,000 Prague (Greater City) 7j4s_. 1952 mn 27,000 ♦Prussia (Free State) ext sf 4)4—1951 m s 40,000 5*4 80*4 Sale 1950 ... Ask Bid 1*4 2*4 Ask 12 Sale Sale 63*4 Sale 9*4 Sale 9*4 Sale 43*4 1*4 1*4 1*4 2*4 62*4 Sale" 10*4 10*4 37 50 100*4 100*4 Sale Sale 106 Sale 106*4 Sale 104 Sale 103 Sale 102*4 Sale 102*4 Sale 20*4 Sale 51*4 Sale 47*4 48 102*4 Sale 94 95 95*4 43- 43*4 46 59*4 63*4 45*4 Sale 45 8 2024 Sale Sale Sale Prices Sale Prices Highest 1*4 July 5 1*4 July 11 1*4 July 11 1 *| July 27 1 *4 July 27 61*4 July 2 95 41 6*4 10*4 48 7*4 11 Sale 10 Sale 38*4 55*4 38 8 6*4 9*4 8*4 8*4 42 60 37 Sale 36 10*4 Sale 75 83 20 23 20 20*4 55 §3*4 50 101*4 101*4 106*4 104x8 104*4 103 103*4 20*4 51*4 48 102*4 July 2 July 20 July 5 July 6 July 1 July 5 July July 12 July 21 July 22 8*4 July 7*4 July 80 July 20*4 July 20*4 July 29 7 13 21 25 105 105*4 104*4 105*4 105 July 107 Sale 106*4 107*4 106*4 July 29*4 31*4 2934 36*4 29*4 July 8 9 7H Sale 9 Sale 1*4 July 18 1*4 July 15 1 July 12 1* July 27 1 July 27 64 July 13 5 10*4 July 10*4 July 25 45 99 10 8*4 7h-93" 20*4" Sale Prices July July July July July July July July July July July July July July 29 21 5 5 20 26 16 21 29 25 1 1 2 20 97 July 27 July 12 43*4 July 26 49 7*4 July 10*4 j^y 10 July 10 July 45 July 60 July 45*4 July 9 8 82 21 21 July July July July July 8 11 13. 5 6 8*4 July 26 7*4 July 1 35,000 ♦8s extl loan of 1921 58,000 56,000 21,000 ♦6s extl f g a 1968 ♦7s Municipal loan .......1967 j 406,000 Rome (City) external s f 4)4 a 1952 241,000 ♦Roumania (Kingdom of) 7a..... 1959 4,000 9*4 ♦7s extl loan of 1926..........1966 m n ♦February 1937 coupon paid— 15 Sale 10*4 10*4 n a o Sale f a 40 7*4 Sale 8*4 Sale 8*4 72*4 Sale 27 : Sale 9*4 9*4 8*4 9*4 8*4 Sale 8*4 9 66*4 69 28*4 Sale 8*4 July 7 *4 July 7*4 July 8*4 July 66 July 27 25*4 july 5 19 July 17 — ♦Saarbruecken (City) s f 4s.....1953 i j 20*4 30 21*4 25 21*4 —- 12 9*4 July 8*4 July 11 25 9*4 July 11 8*4 July 25 9 July 9 July 72*4 July 32*4 July 20 Mar. 29 Mar. 29 Mar. 30 1 *4 June 16 Jan. 8: 82*4 Feb. 28 3*4 Jan. 1$ 6 3 Mar. 19 67 1*4 May 57 3 3*4 Jan. Feb. 8 Jan. 2(f 10*4 Feb. 28 6*4 Mar. Mar. 11 Jan. 38*4 Mar. 61 Jan. 7 May 97*4 Mar. 98*4 Mar. 103*4 Mar. 104 103*1 107 Mar. 10 Jan. 19 107*4 Jan. 28 106*4 Feb. 15 104*4 Feb. 14 Mar. 99*4 Mar. 99*4 Mar. 98*4 Mar. 103*1 June July 9 103*4 May 20 21*4 Apr. 22 102*4 Mar. 20 4 10 57*4 Jan. 20 3 104*4 Feb. 37 Jan. 62*1 45*4 July 43*4 July 96*4 Mar. Mar. 11 57*4 Mar. 12 103*4 Mar. 9 104*4 Jan. 4 86 June 40 May 24 49 32 Mar. 31 45 June 14 June 9 9*4 11*4 11*4 11*4 67*4 82*4 Jan. Jan. Jan. Jan. Jan. Jan. 62 Jan 4 7*f N& 31 7*4 Mar. Juiy July 36 July 37 55 31 12 21 22 7 10 8 8 19 6 6 62 19 Apr. Jan. 20 11*4 Jan. 10 10*4 Jan. 7 98*4 Feb. 14 22*1 Mar. 10 19 Jan. 27 23 Mar. 25 Mar. 31 8 Mar. 7 1025/4 Mar. 18 108*4 Jan. 1 103*4 Mar. 19 109*4 Jan. 105*4 July 107 July 30*4 July 8*4 10*4 8*4 Sale 1 1 1 5*4 Mar. 31 11 30 30 5 5 1 Rio Grande do Sul (State of)— _ 1 Highest Sale 47 Sale Sale Sale Sale Lowest 9*4 July 9*4 July July 60 41 July Sale 100*4 July 101 101*4 100*4 July 106 105*4 July 107 108 105*4 July 104 104*4 Sale July 10334 Sale 102*4 July Sale 103 102 July 102*4 103*4 102*4 July 21 20 July "49"" Sale 45*4 July 45*4 Sale 43*4 July 101*4 102*4 101 July 41*4 Sale 7*4 9*4 9*4 8*4 Highest 10*4 52*4 "60" 60 Lowest ik j o a 4,000 ♦Pernambuco (State of) 7a _1947 m 72,000 ♦Peru (Rep) Sec s f g 7s_. 1959 m 438,000 ♦National loan ext s f 6s 1960 j 233,000 ♦National loan ext s f 4a 1961 a 36,000 ♦Poland (Rep of) g 6s 1940 a 17,000 ♦Stabllls loan 7a of *27. Oct 15 1947 s Bid July 30 1*4—-1*4 2 D 10,000 ♦Panama (Rep) external 5 he 1953 J d 8,000 ♦Extl s f 5s ser a May 15 1963 m v 52,000 ♦Stamped (assented)....... 1963 mn ♦External Ask n j j July 1 1938 Bid J RANGE SINCE JAN. Jan. 3 f* foreign govt (Ceueluied) Mexico (Continued) *4i of 1904... 1954 j 125,000 PRICES IN JULY Price July Value 21 EXCHANGE-BONDS 9 21 19 7 31 Mar. 15 6* Mar. 26 12 Jan. 5* Mar. 30 10*4 Jan. 25 Jan. 7*4 Mar. 28 13 Mar. 6 10*4 10*4 10*4 73*4 Jan. 8 Jan. 11 Jan. 11 June 30 38 Jan. Mar. 26 5*4 Mar. 31 6*4 Apr. 14 60 Mar. 18 20*4 Apr. 18 19 July 5 20 2 5 July .5 25 Sao Paulo (City of)— 6,000 17.000 ♦8a extl secured f............1952 m a ♦6*4 e extl secured a .....1957 f__ n m n 10 10*4 9*4 Sale 7*4 8*4 11 Sale 8*4 7*4 9 8*4 8*4 July 27 7*4 July 7 9 July 8*4 July 19 15 San Paulo (State of)— 6,000 72,000 6,000 68,000 127,000 6,000 1,000 1936 j j 10*4 19 ...........1950 j j 11*4 13 ♦♦8a extl loan of 192) •8a external 1956 m s ♦7a extl Water loan ♦6s extl Dollar loan...........1968 j Sec b j 1940 a o f g 7a.... ♦Saxon State Mtge Inst 1945 j d»cl946 j (Kingdom)— 7s— ♦SFg6Ha Serbs Croats & Slovenes 11*4 13 11*4 Sale 47*4 48*4 d 19 d 19 — 14*4 18 9*4 Sale 8*4 12*4 7*4 9*4 31*4, 33 2534 2534 57,000 ♦8s secured extl.............. 1962 m n 124,000 ♦7a aer b sec extl 1962 m n 2,000 ♦Silesia (Prov) extl sink fund 7s. 1958 j i) 28*4 43*4 9,000 ♦Slleslan Landowners Assn 6s—1947 f 28*4 29 a 23,000 Sydney (City) s f g 5 He 130,000 Taiwan blec Pow 5He ...1955 f a j .....1971 j 46,000 Tokyo City loan of 1912 5a 1952 m s 230,000 External s f 5he guar... ..1961 a o 22,000 ♦Uruguay (Rep) external • f 8s..1946 p a 72,000 ♦Ext s f 6s i960 m n ♦Rxter s f 6s 16,000 1964 m n 236,000 3*4-4-4*4% extl readj 1979 mn 43,000 4-4h-4*4« extl readj 1978 f a 31,000 3he External readjustment._.1984 j j Venetian Prov Mtg Bank 7s..... 1952 a o 15.555 ♦Vienna (City of) 6s 1952 mn 23,000 ♦Warsaw (City) external 7s......1958 f a 193,000 Yokohama (City) extl s f 6s 1961 i o 102 47 *4 a* 50 44*4 44*4 4434 .... 42 42*4 65 80 99*4 100 58*4 Sale 60*4 Sale 20 43 50*4 14*4 9*4 17 10 16 7*4 Apr. 1 5*4 Mar. 31 11*4 Jan. 10*4 Jan. July 6 8*4 July 5 8 *4 July 6 8 July 6 30*4 July 21 16*4 July 10*4 July 10 July 18 9*4 July 20 34 July 9 13*4 7*4 7*4 6*4 24*4 .... 25*4 July 27 26 July 13 23 Feb. 18 26 July .... 26 26 July 14 24 Jan. 10 26 Mar. Sale 30 30*4 43*4 29*4 July July July July 29 July July July July July 21 July 21 July 18 July 25 Juiy 21 July 19 20*4 Mar. 18 20*4 Mar. 18 39 July 27 35 Sale 7 11 25*4 9 8*4 30*4 25 25 Sale 9*4 Sale July 14 28*4 27*4 July 28*4 27*4 Sale 27 July 45 35 39 40*4 July 33 32*4 29 2834 July Sale 101*4 102*4 101*4 July Sale 45*4 Sale 43 July 45 41 *4 July 41*4 41*4 Sale 47*4 Sale 44*4 July 48*4 46*4 July Sale 47*4 "56" 44*4 July Sale 47*4 Sale 44*4 July Sale 42 45*4 Sale July 48*4 42*4 43*4 42*4 July 43 38 38 July 70 69*4 Sale 25 20"" July" 21*4 Sale 37 41*4 40*4 July Sale Sale 49 48 Juiy 103 48*4 44m 50 48*4 48 45*4 47 39*4 21*4 July 43 ~ July 25 25 Feb. 10 Mar. 30 Apr. 8 Apr. Feb. 1 May 9 13*4 Jan. 10 13 Jan. 7 1194 Jan. 47*4 Jan. 4 4 13 4 May 20 34*4 May 20 22* 33 Jan. 18 June 16 3 99*4 Mar. 18 104*4 Feb. Mar. 11 43 July 23 60 Feb. 5 44*4 July 40 25 41 Mar. 31 38*4 Apr. 19 40*4 Apr. 1 37*4 Apr. 20 38 Apr. 22 38 July 5 67*4 May 9 50 Mar. 2 60*4 Mar. 10 64* Jan. Jan. s* Jan. Jan. 19 19 8 8 50 Mar. 2 w 42 H Feb. 11 69*4 June 14 9 100 Jan. 62 65 Jan. 6 Feb. 25 70 37*4 Mar. 31 87*4 June 9 100 June July July July 3 103*4 July 7 25 98 21 28 May 5 18 June 40*4 July 48 July 52*4 July 7 Mar. 30 17 19 27 13 railroad and industrial companies. 173,000 •^♦Abltlbi Pow sc Paper 1st 5s...1953 22,000 Adams Express coll tr g 4s ..1948 27,000 31,000 2,000 10,000 39,000 2,000 10,000 7,000 61 89' 4he stamped cons Sale "70" 102*4 104 100*4 102*4 60 42*4 42*4 40*4 74 70*4 73*4 72*4 63*4 61*4 38 71 60 "26"" 1950 Allegh a West 1st g gu 4a ...1998 59",666 Alleg Valley gen gu 4a ...1942 m 8 31,000 Allied Stores Corp deb 4he 1950 a o 37,000 4 he debentures ........1951 f a 532,000 AlUs-Chalmers Mfg conv 4s......1952 m s ... 5,000 Alpine Montan Steel 7s 1955 486,000 Amer a Foreign Power deb 5s...2030 74 Sale Sale m s m 8 15,000 American Ice a f deb 5s..........1953 j d 413,000 American ig Chemical SHe 1949 mn 60,000 Amer Internat Corp conv 5hs..1949 j j 30 59*4 99 103*4 Sale 95 Sale July July July 7 25 21 103*4 July 28 1 July July 15 100*4 July 29 41 July 22 9 41 July 74 July 25 7 78 July 67*4 July 25 72 104 Sale 86 94 67 37 59*4 103 104*4 Sale 95 88 91*4 92 91 86*4 108 111*4 Sale July 1 32 July 25 78 Mar. 24 105 Mar. 5 Feb. 28 95*4 June 17 103*4 Jan. Jan. 35 May 19 54 6 100 4 May 25 July 23 57 Jan. 5 70 90 Jan. 18 45 Mar. 31 78 July 7 44 Mar. 30 Mar. 31 67*4 Jan. 41*4 Feb. 14 9 35 25 26 June 20 16*4 June 1 38 4 109 Mar. 2 27*4 Sale 57*4 Sale 100*4 Sale 104*4 Sale 97*4 Sale 27*4 July 57*4 July July 104 104*4 103*4 July 99*4 100 94*4 July 18 38*4 Mar. 30 63 95 Jan. 31 100*4 99*4 Mar. 31 105*4 80 Apr. 1 100*4 July 18 1 July 7 June 21 July 112*4 102*4 102*4 112*4 103*4 Sale 103 Sale 113*4 July 21 112*4 July 5 113*4 103*4 July 16 99*4 Apr. 2 103*4 103*4 July 25 99*4 Apr. 1 103*4 5 115 July 97*4 May 11 115 100 July 21 84 Apr. 1 100 105*4 July 29 102*4 Jan. 26 105*4 Jan. 20 July 16 July 25 5 July July 21 July 19 87 Sale 109*4 103 98 28 Sale 86 56*4 Sale 100 July 26 92*4 July 26 92 *4 July 27 112 July 25 Sale 88 98 70 July 93*4 July 93 July 99*4 July 70 July 103 July 98*4 July 39*4 July 38 July 70 July 71 July 60 July July July July July 103 96 "29" Sale 61 50 36*4 ♦Collateral a convertible 5s—1950 ... 97*4 103*4 60 lly* 60 Albany a Susq 1st guar 3 His. —1946 ♦5s stamped 98 Sale 36*4 Albany Perfrated Wrap Paper 6s. 1948 68 with warrants assented....1948 172,000 Allegheny Corp coll tr conv 6s.. 1944 138,000 Collateral and convertible 5s.. 1949 257",556 69*4 100 70 1943 4s aeries b 98 100 1952 Ala Gt Sou 1st cons 5s ser a——1943 First 94*4 Sale 102*4 104 98*4 Sale ..............1946 Adriatic elec Co external 7a 68 Sale 93 Collateral trust 4s of 1907.....1947 31 60*4 Sale 100 99 105 30*4 July 63 July 100*4 July 104*4 July 100*4 July 1 1 21 Jan. 7 26 96 92*4 July Apr. 1 92*4 July Mar. 31 112 July 27 June Feb. 11 101 79 79 Apr. May 31 3 100 27 25 Amer Tel fit Tel— 322,000 20-year sinking fund 5 He 1943 mn 3 34■ debentures..............1961 a o 376,000 450,000 3he debentures .1966 j d 15,000 ♦Am Type Found s. f. debs 2h-5a.l950 j j 46,000 Amer Water Wka a Elec 6s ser a. 1975 mn 444,000 Anaconda Cop Mln a f deb4*4* —1950 a o AngloChllean Nitrate— 193,000 ♦Sinking fund Income deb....1967 71.000 iAnn Arbor 1st g 4s July 1995 Ark a Memp Bdge a Term 1st 5s. 1964 299,666 Armour 5c Co 4s s f aer b (Del)... 1955 1st m s f 4s ser c (Del) —1957 130,000 For footnotes, see page 30. Jan 112*4 Sale 101*4 Sale 101*4 Sale 103 94 109 Sale 104*4 Sale 28*4 31 q j 35 42 m 8 93 f a j j 86*4 31*4 25*4 86*4 Sale Sale 37 38 32 Sale Sale 98 88 112*4 July 102*4 July 102 July 108*4 114*4 105*4 July 99 101 95*4 July 104*4 July 105*4 Sale Sale Sale Sale 100*4 115 95*4 Sale 104*4 Sale 33 31*4 July 25*4 July 37*4 July 29 33 July 27 97*4 . 25 V4 Mar. 31 23 May 27 37*4 July 29 41 98 95*4 Sale "97"" Sale 95 96 Sale 97*4 Sale 95 July July 97*4 July 26 97*4 July 30 Feb. 7 100 88 Jan. A 86*4 Jan. 3 Feb. Mar 4- 97*4 July 97*4 July 2 7 26 30 22 N. Y. STOCK Sales in BONDS N. Y. STOCK EXCHANGE 1938 Bid 74,000 66,000 Adjustment g 4a 1995 July 1 1995 Jnly ♦Stamped 4a_ A 1 MN D 100 D 106 % Sale Sale 106 MX Sale 106 X 1 D J 1948 J 1955 Rocky Mt dly lat 4a A 1965 Trana-Cont Short Line lat 4a 01958 Cal-Arlz lat 0c ref 4%a aer A 1962 Atl Knox Ac No 1 at 0 5a 1946 J J e J D 113 J J Sale 86% Atl Coaat L lat M S Sale 87 4a July 1952 General unified 4%a aerlea A.. 1964 10-yr coll tr 5s. ...May 1 1945 Refunding 5a aerlea D Sale 69% 70 X 80 85 Sale MN Sale 64 J J Sale J J Sale 30% 24 H J 58 53 J \VA 78 67 MN O Sale D Sale A O Sale J D 78 Sale J 59% 2000 6%* Sale Sale M 8 i J ♦Debenture 6a.. lat g 4K« series JJ 93 IS!* S* J 18 100 X A O 92 X A D M S MN O {♦BostonAc NY Air Line lat gu 4al955 Brooklyn City RR 1st 5a 1941 F A J J Bklyn Edison MN 3%« 1966 Bklyn Manhattan Transit 4Ha.. 1966 Bklyn Queens Co 8t Sub gtd 5a..1941 1st 5s stamped 1941 Brooklyn Union El lat As 115,000 Brooklyn Union 1950 Gas Co 1st g 5a. 1945 MN 43 tl* 408* *8* MN 219~666 , ». 1 f 23,000 17,000 1,000 63,000 25,000 50,000 109,000 52,000 56,000 * 38,000 Sale Sale Sale Sale Sale 12 44 Sale Sale Sale 110% O 10 O 9 85 X J Sale 1960 o 61 o Il2~ Sale Sale J o 119 Guaranteed g 5s 25,000 ...1970 A Guar gold 4%« 32,000 June 15 1955 D Guar g 4%« 161,000 A ..1956 Guar g 4%g 69,000 ...1951 M S 57,000 Canadian Northern guar 6Ha... 1946 J J 350,000 Canadian Pac 4% deb stock J J Collateral trust gold 4 Ha 128,000 1946 M S 5a equip trust ctfa 26,000 J ........1944 J Collateral trust g 5a ....1954 J D 203,000 Collateral trust 4Ho 158,000 2 1960 J 119 1,000 32,000 2,000 3,000 145,000 18,000 108,000 272,000 40,000 43,000 1,057,000 12,000 l%l Sale 113% Sale Sale Sale 113H Sale Sale 8 9% J&x 75 41 Sale 30. ?8 tl 49; V 73 " 94 86 90 Sale 114% 116% 119% 119% 117% 115% 114% 124% 78% 96% 111% 98% 92% 40 July July July 68% July 83% July 107% July 110 July 87 Sale 114 Sale 116% Sale 119% 119% 119% 119% 117% 117% 118" Sale Sale Sale 114% 1KB Sale my. 126% Sale Sale Sale Sale Sale 83% 101% Sale Sale 39% Sale Sale 96% Sale 111% 99% Sale 93 93% 111 39 102% 108" §8* 87 50 55 86 Sale 11% 6% 6% 7% Sale 28 7 *69 107 Sale A I "51" J Sale J 29 MN MN M 8 62 109% 99% 109% 26% 24% 8% July 7 July 69 July 40 July 50% July 91% July 83% July 114% July 116% July 118% July 119% July 117% July 115% July 114% July 124 ~ July 78 July 96 July 111 July 98 July 92 July 45 July 101% July 85 July 37% July 18 13 5 1 1 25 25 21 26 25 15 - 116 Sale 93 90 123 59H Sale M MN F J 95 H 95 H Sale Sale Sale Sale 106% 108 J 20 30 7 27 29 26 9 J 115 J 109% 107% 8 7 1 15 Feb. Jan. June 17 Jan. June 16 Jan. June 17 82% Jan. June 16 Wi 45 Jan. June 21 70 6 17 15 15 3 7 3 3 Jan. 17 June June 20 17 June Mar. 29 17 June r §!H 39 4 Jan. 3 Jan. 10 7 Jan. Jan. 7 7 Jan. 7 112% Jan. July Mar. 31 Mar. 29 Apr. 6 17 11 106 Jan. 17 108 Jan. 4 48 Feb. 25 100 Jan. 7 2 119% Feb. 5 4 129% July 29 7 10 8% 18 45 78 109% Sale 108% 30 35% "37" 29% 31% Sale 109% 99% 108% 30 27% 24% 105% 105% Sale Sale 75 Sale 66 74 68 58 58% 49% 115% Sale 60 60 Sale 115 76% Sale 72 117 57 July July July July July July July July July July July July July 104% 103 July .% July 25 15 13 19 20 106 Apr. 73 30 59 Apr. 26 86 July Mar. 15 108% Jan. May 27 106% Jan. June 13 76 July Apr. 14 95% Jan. Jan. 6 108% July Jan. 7 111% Jan. Mar. 19 107 Apr, 100 95% 59% 78% 105% ' 110 106 30 44 1 10 June 30 3 14 17 27 20 26 18 16 9 June 20 Jan. Jan. 10 15 Mar. 28 8 85% Jan. 49% July 25 61 Jan, 4 May 10 ii11* Jan. Mar. 18 117 m Mar, 17 121 Mar. 18 120 Mar. 18 118 112 Mar. 17 116 111 Mar. 18 115 120% Mar. 18 125 Mar. 18 73 89 Mar. 18 103% 90 111 July 16 II* 13 Mar. 11 Mar. 11 Mar. 11 Mar. 11 Mar. 4 Mar. 12 May 23 Jan. 15 Jan. Jan. 18 24 114% Feb. 9 Mar. 18 104 92 86% Mar. 18 99 35 May 9 94 May 6 108 80 May 20 92 88 Jan. Jan. Feb. Jan. 12 14 18 4 July 19 35 July July June 15 56 Jan. 6 59 Mar. 29 88 July 20 19% July 15 Apr. 20 26 Feb. 25 50 Jan. 25 8 June 17 12% Jan. 13 4 June 6 3% Mar. 31 7 July 18 9 July 95 July 25 54 78 July 23 el09% July 18 107 102 89 July 25 109% July 29 105% 25 38 July 25 32 20 July 25 18 30% July 101 106% July 60 75% July 25 72 64% July 22 35% 62% July 26 10 118 _ July "28 July 29 July 25 12 108% July 14 104% July July July July May 54 114 99 100% 99 July 26 100% July 13 98 98% 98% July 20 99% July 22 Sale 103% Sale 103% July 30 103% July 19 Sale 117% 119% 115% July 6 117% July 25 Sale 95 Sale 93% July 5 95% July 15 Sale 94% 94% 94 July l 95% July 21 109% —109% 106 15 116 101 -I'll i6§% 10 Jan. Jan. 12 114% Mar. 18 till July 25 60 July 13 117 80 July 1 Feb. 41 June 6 10 110 65 105% 45% Feb. 11 35% Mar. 1?!* ' 70 Sale 103% 115% 94% 94% June June June Mar. Apr. ^ 12% July 26 7 July 6% July 7 July 18 16 Sale Sale 30 101 35 70" Sale" 101% 72 19% 20% 18% 5% July 6 26% Mar. 31 Apr. 12 79 Apr. 14 10% July 5 July 5 July 7 July 114 "78" 3 29 May 4 99% Apr. 7 105% July 13 92% Apr. 8 98% June 29 82 Apr. 1 96% June 30 104% Apr. 25 107% Feb. 24 el* Hi* 53 22% Feb. Apr. July July July July July July 111% July 100 July 94% July 45 July 104% July 92 21 29% June 6 29% June 21 28% Apr. 26 Mar 30% July 8% July 8 July 69 July 49% July July 93 July 90 July 115 July 116% July 119% July 119% July July 20 20% July 25 "49% 106% 1989 1989 Mar. May 11 102 15 " 24% 98 105 H 105 % 119% Jan. 30 85 20 July 19% July Sale 66 M MN 7 Sale *15" 104 71 60 II* Apr. 7 7 29 20 20 82 5 105% 97% Sale B Sale 106 M MN 5 "6% M S F 9% 4% 25 23 15 A O 5 3 14 31 May 63 Apr. 45 ' Mar. 14% Mar. 14 Apr. 50% Mar. 15 4 Jan. Jan. Jan. Jan. Jan. Jan. 94 , 7 63 P 104% Jan. 25 107 "26% "23" July' 24 21 M S M u* 87 Sale 18 F Springs Valley 1st g 5s .1941 99 10% 5% 5% J8 J June June 53 20 7 23 7 26 26 26 7 7 86 July July 99% July 76 July 87 July 108% July 111% July 76 105 25 A O 1946 Sale Sale 99% Sale 11 1962 Potts Creek Br lat 4a R At A Dly 1st con g 4a._ 3d con gold 4a........ 85 107 19% _ 12 67 69 27 25 29 7 26 25 26 27 July 37% July 35% July 12 July 54 July 106% July 73% July 29% July II* 60 D 14 6 Jan. Jan. 37 it* 14 1954 Champion Paper & Fibre— S f deb4%s (1935 121,000 issue) 1950 S f deb 4%s (1938 22,000 issue) 1950 39,000 Chea & Ohio lat cona g 5a..... 1939 37,000 Gonjf"1 gold 4 Ha 1992 Ref & lmpt mtgo 225,000 3Ha aer D 1996 Ref Ac impt mtr*e 77,000 3%« aer E....1996 Cralg Valley lat g5s May 1940 36 25 12 H 1 Jan. May 6 25 18 28 July 1 105% July 1 98% July 14 96% July 1 105 July July 104% July 98 July 94% July 105 July Sale 18% 65 O M Sale A O ...... Sale 93 P 1949 Through St L lat gu g 4a Sale D A 112 26% Jan. 20% Jan. 28 83 A 11 8 13 7 11 4 108 97 June 29% July " I 29% July 2 27% July 7 28 X 82 1 1987 "July 27% 75 Sale 1959 103% Jan. 112% Jan. 87% Apr. 95% Apr. 100 Apr. 98% June Apr. Apr. 22 26% July 22 26% July 25 61% A I 27% 56 P J 29 28 50% Sale 91 92% 85 1951 8 62 37% 1959 June 5 19 Jan. 104% Jan. 101 Jan. 106% Jan. 1 118% July 22 21 129% July 29 108 Sale" 59 H MN 81 18 102 Jan. Sale 85% 107% MX 110 116% 23 .1948 General 4a Central N Y Power 3%« Cent Pac lat ref gu g 4s 69* 90 1945 30 26 D Central Illinois Light 3H* 1966 {♦Central New Eng 1st guar 4e..l961 Central of N J gen g 5a..... 1987 see page J 116* J June Feb. Jan. Jan. 79% June July 29 July July 82 July 67 July 31% July 27% July 58 July 19 July 99 July 47% July 30% July 50 July 31 July 39 July 36% July 30% July 28' ' July 26 July 29 July 103 July 103 July 107 July 20 40 July 29% July 30 July 29% July 10 0 9% July 37 * 48 54 39 July 105 X Sale" 105% Sale 105% July 50 X Sale 69% Sale 59% July 24 39% 24 July D ♦Macon At Nor Dly 1st g 5a 1946 ♦Middle Ga At Atl Dly pur m 5a. 1947 ♦Mobile Dly la \ g 5a 1946 Central Foundry 1st mtge 6s.... 1941 General mtge 5-v............. 1941 Cent Hudson G At K lat Ac ref 3H* '55 Cent III Elec At Gas lat 5a 1951 For footnotes, 35 J Nor. 1945 ♦Ref * gen 5%« autoa B ♦Ref Ac gen 5a series C ♦Chat Dly pur money g 4a Warm 34% Sale 27% 7% MN 1952 Guar 5a 1940 ♦♦Cen RR At Bkg of Ga col tr~5all937 "3~,666 5a extended to May 1 1942 12,000 Central Steel lat sink fund 8a 1941 251,000 Certaln-teed Prod a f g 5Ha A...1948 1,000 20% Sale 30 .*..1947 A 344,000 .12,000 29 X 27 104 X Sale 105 98 % Sale 98 05 X Sale 95 X 105 Sale 105 X 72 108 Carriers & Gen Corp deb 5s w w.1950 Carthage Ac Adlr 1st gu g 4a 1981 {♦Cent of Ga Ry lat g 5a ♦Consol gold 5a 27% 108% Sale Oct 1969 14,000 40,000 43,000 5,000 26% 26% Sale J 27 82 95 27% Sale Sale J 2 117% 118 117% July 128% 129% 128 July 27% X Sale ...1957 70 2 July July 55 30 99 1955 100,000 Celotex Corp deb 4H> w w 5,000 ♦Cent Br Un Pac 1st g 4a ;■ 24 ik* o 40 Sale 76 1966 ser Sale X Sale 37% 60 86 X U7H Sale 128% 129 12 July July July July - 105 gu 5a aer A.....1962 Caro Clinch & Ohio 6s 19% Sale 22% Sale Sale A {♦Carolina Central lat gu g 4a.. 1949 Sale 29% 24 % 22 H 24% 1.08% 102% 104 L05% 106 X 27% July 1969 5,000 35,000 11,000 19,000 Sale 30% Sale Sale 25% 110 108 75 Sale 1984 Canadian Nat Jold 4%«. Guaranteed gold 5a Guaranteed g 5a 33 % A 1952 con Sale P •*♦Burl Ced Rap At Nor lat 5s ♦Certificates of deposit {Bush Terminal Co lat 4a... Canada Sou Sale 29X 60 MN Conaol 5a 22 % 88 87 71 July 14 July 30 July July July July July July July Sale 36 MN 1957 4 28 Sale J Buff Roch Ac Pitta cons 4%« {Bush Term Bldgs lat 5s gu Calif-Oregon Power 4s Sale J .... 98 H Sale Sale 46 % 29 X 108 1st lien At ref 6a aer A.... 187,000 1947 MN Debentures gold 5a 71,000 1950 J D lat lien At ref 5a aeries B 80,000 1957 MN 19,000 Brown Shoe a f deb 3%* .....1950 F A P A 37,000 Buffalo Gen Elec 4%c aer B 1981 Buffalo Niagara Elec 3%i aer C..1967 J D . 1 22 103 ~ O J A mtge 127 98% 40 26 H 44 102 22% O 85 101% 96% 106% 106% Sale Prices 98% Apr. 75% Apr. 75% Apr. 81% Mar. Sale III Sale 101 100 36 78 18 Sale 107 % 117% 117 1961 cona P Sale 1955 Boston Ac Maine lat 5a aer AC...1967 1st mortgage 5a aerlea 11 1955 Sale 32% 27 57 % Sale it* 109 1959 Berlin Elec Eler At Undgrd RyeHat 6%s 1,000 1956 381,000 Bethlehem Steel 4%« aerlea D 1960 Cons mtge 3%• series E.......1966 517,000 779,000 3% 8 a f cony debs 1952 1,000 Big Sandy Ry lat mtge 4a 1944 40 % Sale MN Belvldere Del cons gtd g 3 Ha 1943 ♦Berlin City Electric deb 6H«.—1951 ♦Deb sinking fund 98 % A J 9,000 Con ref mtge gold 4a ........1951 4a stamped 37,000 1951 1,000 Battle Creek At Sturgls gu 8a 1989 Beech Creek Exten lat g J^s 1951 80",666 Bell Telephone of Pa lat 6a B 1948 52,000 First At ref 5a series G 1960 25,000 19,000 78 July 80% July 57% July 73 July 60 July 26 July 21 July 55 July 17% July 89% Sale Sale J 90% 91% 11 26 26 21 21 19 29 105 D J 90% 92% July July July July July July July July July July "97"" M N J 106 84% Mar. J con a July' 1 101 90 July 20 Sale July 1 90 80 July 7 92 88 July 5 89 81 July 1 Sale 98 July 5 98 % 95% July 27 Sale 103 July 5 107 H 101% July ' 1 Highest Sale Prices Sale Prices 103 1 Lowest 106 X J 103",660 96 % J J 386,000 181,000 119,000 25,000 t 30,000 107,000 1,654,000 14,000 90% 161H Atl At Char Air Line lat 4%a A..1944 lat 30-year 5a aer B .........1944 699,000 , Sale J J m J i 14",060 90 % 91H 82 Highest Sale Prices Sale 106 89 Sale Sale 1960 3,098,000 Cony g 4%i i960 Ref At gen 5a aerlea F 592,000 1996 1,000 Bangor At Aroostook RR lat g 6a *43 , 101 Lowest Ask Ask Bid Sale Sale Cony 04a of 1910 Cony deb gold 4%« 24,000 Baldwin Loco Wka 5a atpd 1940 790,000 Bait At Ohio lat g 4a July 1948 1,040,000 Refund At gen 5a aer A.. 1995 461,000 lat gold 5a July 1948 802,000 Ref and gen 6a. aerlea C .1996 441,000 PLEAcWVa Sya ref g 4a 1941 327,000 Southw Dly lat 3%« at 5% 1950 Tol Cin Dly lat Ac ref 4a aer A..1959 84,000 f 103 D Auatln At NW lat g 5a guar......1941 r Bid 102K 1955 I July 30 July 1 Not 128,000 177,000 249,000 L Ac N collat gold 4a Oct.. 1952 92,000 Atlantic 8c Danyllle lat g 4a 1948 151,000 Second 4a 1948 25,000 Atl Gulf At WI SS Line coll tr Ba.1959 2,000 {♦Auburn Auto'bile cony deb 4%s '39 , Ask O Cony g 4a of1909 Con? 0 4a of 1905.* .......... 72,000 328,000 RANGE SINCE JAN. Jan. 3 Sft. Atchinaon Tope lea & Santa Fe— Gen g 4a 1995 ♦ PRICES IN JULY Price duly Value 944,000 11,000 264,000 16,00 83,000 6,000 405,000 11*000 EXCHANGE-BONDS 26 14 54 Apr. 22 7 7% Jan. 12 7 July 18 10 Feb. 23 July July July Mar. 14 109% July Mar. 30 102 July Feb. 16 109% July 7 25 23 18 25 29 June 24 10 June 14 118 June 13 78 June 14 46 Mar. 31 June 3 34% 30% 2 106% Apr. June 16 97% 3 Jan. 3 22 June 74% Jan. 10 64 16 14 80 Feb. Apr. 16 121 Mar. 31 Mar. 31 97 Feb. 97 18 100 July 14 _ July 29 July 25 May 5 106 Jan. July 20 99% July July 30 106 Jan. XApr" "14 104^ June July Mar. 31 106 101 13 12 7 72 June 24 95% 98% 103% 110% 85% 85 5% Jan. Jan. July June 23 112% Apr. 22 117 49 Feb. 17 Jan. 24 22 10 6 Feb. 17 17 Feb. >.18 Feb. JatiT U 104% July 14 115 N. T. STOCK Aug., 1938] Sales in July s 120,000 i- n. y. . - Price Sale 17 Sale Sale 95 Sale Sale" 929* Sale 1st Ac ret 4, He series b 1977 f a 1st Ac ret 5s series a..........1971 f a a o Sale 85 ..1949 Chic Burl Ac q 111 Div 100 m ♦General 4ms 69,666 Sale 20 8 92 m mn 25 m 25 23 19 16 Sale s 1st mtfte ftuar 3Ms......———.1948 3Ms 1950 4Ms series a.........1977 Series d ftu Gen Ac ref. mt#e4Ms series b..1981 3,000 Clev Short Line 1st ftu 4m>—----1941 360.000 Clev Union Term 1st ftu 5m« a.. 1972 169,000 1st a f ft 5s series b ftuar 1973 175,000 1st s f 4 m® series c 1977 Coal Rlv Ry 1st ftu 4a ...—1945 18.555 Colo Fuel At Iron Co ften s f 5s..1943 24,000 ♦5s Income mtfte .........—1970 156,000 Colorado Ac Southern 4Ms ser a. 1980 203.000 Columbia Gas At Elec deb 5s.... 1952 Debenture 5a ........Apr is 1952 7,000 343,000 Debenture 5s Jan 10 1941 9,000 Columbia Ac Hock Val 1st ext ft 4s '48 25 109* 17* 18 169* Sale 15 m if* iSIf Sale 169* \P IP "37"" 9 Sale Sale" RANGE SINCE JAN. 1 50 Sale 17 m Sale 69* 8 9* Sale Sale 4% 57 7 Sale 72 m Sale 107 m Sale Sale 35 99* 45 59 51m 56 60" 35 43 m 47 78 49 104 102 M 103 9* 103 110 107 106 9* Sale Sale 103 1059* Sale 98 m Sale 101 Sale Sale 85 Sale 91 Sale Sale 84 Sale 83 58 69 Sale 779* 14 18 106 h Sale 109 109 % 1099* 1009* 97 J 107 m 107 m 108 Sale 100 m d 90 m Sale Sale Sale 05 m 70 769* 80 659* July 78 85 75 619* 639* 55 m 75 Sale 98 9* 11* 70 61 97 m 93 979* 100 979* 101m 100 108 108 a j 103 m 102 o 106 73 o 107 104 80 o o Sale d 166"" a a f a 1,000 Columbus At Toledo 1st ext 4a._.1955 139,000 Columbus Ry Pow Ac Lt 4s....—*965 mn 673,000 Commercial Credit deb 3mo——1951 a o debentures..............1942 j 102,000 Commercial Invest Tr deb 3Ms..1951 j Commonwealth Edison Co— a 1st mtfte ft 4Ms series c.......1956 91,000 1st mtfte ft 4ms series d 43,000 1957 j 1st mtfte ft 4s series f__. 281,000 ..1981 m 1st mtfte 39*s series h 90,000 —1965 a 1st mtfte series i 349,000 1968 Conv deb 39*8 1958 2,941,000 Conn At Passum Rlvs 1st ft 4a 1943 "5",000 Conn Ry Ac Lt 1st ft 4 ms 1951 8,000 Stamped ftuar 4 ms 1951 28,000 Conn River Power s f 3h* a.—..1961 211,600 Consol Edison (n y) deb 3m*—1946 704,000 39*s debentures 1948 191,000 3m* debentures..............1956 315,000 1958 3Ms debentures......... Consol Hydro-Elec Works of Upper ♦Wuerttemberft 1st 7s.........1956 j 1,000 553.000 Consolidated oh conv deb 3ms..1951 j j 6,000 {♦Consolidated Ry dab 4s. 1954 ♦Debenture 4s j Acj 1955 j 14,000 4s.—......AAcO 1955 4s—.............1954 24,000 ♦Consolidation Coal s f 5s....—1940 Consumers Power co— ♦Debenture ♦Debenture 1st lien Ac unlf mtfte 39**—----1965 57,000 1st lien Ac unlf mtfte 3m« 1945 55,000 1st mtfte 3ma 1967 26,000 1st mtfte 3Ms 139,000 jjto 1st mtfte 3m« 95,000 .-.--------1966 1,000 Container Corp of Aas 1st sf ft 6s.1946 Deb ftold 5s.. ...........1943 1119,000 78,000 Crane Co s f deb 39**-----------1'51 1950 159,000 Crotvn Cork Ac Seal s f 4s 28,000 Crown Willamette Pap 1st s f ft 4a 1951 d 95 m 99 m 112m 113 j 1129* u3m 108 9* 108 94 105 2* 106 o 101 103 j d 18 97 M 103 m 31 Sale j 97 52 100 55 1039* 108 93 93 Sale Sale 929* Sale Sale 1119* Sale 1119* 108 Sale 107 Sale 60 100 70 j d j d f a mn j 101m s"a"le 98 m 100 103 3* 105 86 88 m 100 Sale 106 --j103 m 104 11 11., 79* July 22 Mar. 18 25 199* July 26 109* July 25 9 July 25 11 July 25 89* Jan. 8 59* Jan. 10 70 May 14 86 41 July 15 149* Mar. 29 149* Mar. 30 59* Mar. 30 Mar. 25 5 59* Mar. 29 59* Mar. 30 3 Mar. 29 51, Jan. 229* July Jan. 4 7 789* Feb. 3 9 67 27 June 14 Jan. 549* Jan. 7 3 28 3 13 13 3 4 1079* Jan. 5 1109* July 102 Apr. 20 1089* Jan. 19 Jan. Mar. 3 1 Jan. 3 Jan. 3 99 • Jan. 979* June 1059* Jan. 71 100 71 5 929* Jan. July 20 7 159* July 1079* July 27 6 1099* May Apr. Mar. 48 J* Apr. 14 Jan. 1029* Apr. 1069* Apr. 1009* June Jan. 80 102 Mar. 18 59 75 Apr. July 25 28 41 June 95 July June 57 61 June 789* Feb. 18 99 May 5 979* July 96 1069* July. 26 110 July 22 729* IIH 749* 73 1 80 Sale 1 July July 749* July 70 July 1 1 82 July 30 879* July 29 82 July 25 769* July 25 1019* 56 47 Sale 599* Sale 100 55 41 60 25 11 13 109* 109* 109* Sale 52 .... 1059* May 18 1069* 1049* June 28 108 1069* Feb. 14 108 100 Apr. 18 1069* 1019* June 23 1019* 73 1049* July Mar. 30 1059* 77 June 20 1029* 71 659* Mar. 29 929* June 8 Jan. 4 4 Jan. Jan. 25 June 23 Jan. Jan. 7 4 Jan. 4 12 Jan. 104 1 959* May 24 1019* Feb. 65 Feb. 2 May 3 49 July 25 Mar. 31 Jan. 14 86 Apr. 29 99 98 Jan. 18 Apr. 29 969* Jan. 16 Apr. 28 1049* June 1 1129* Jan. 28 30 1069* Apr. 13 109! 105 Apr. 6 1085 959* Mar. 31 101! 999* Jan. 3 1035 100 Apr. 1 105 Feb. 3 June 21 July July July 28 27 2 101 23 July 22 23 1029* July 1 104 13 12 July 7 13 13 July 7 299* 20 13 48 July July Jan. 101 Jan. 107 1079* July 108 July 1089* July 105 July 1049* July 1039* July 1029* July 14 Sale June 24 Apr. July July 1129* 1129* 1099* 1089* 1059* 1109* July 1089* May 1089* May 1089* July 1059* Feb. 1049* July 1039* Jan. 1029* July 1129* July 8 109 112 July 8 109 1099* July 23 105 108 V* July 26 102 1059* July 7 104 1109* July 7 105 July July July July July July July 1089* 1079* 1089* 1079* July 1049* July Sale 1059* 107 Sale 1059* 1059* 1049* July Sale 1059* 1059* 1049* July Sale 1039* 1039* 1029* July 1039* July 103 104 July "979* 96 97 Sale 97 Sale 1029* July 1039* 103 $*'104 1019* July 1039* Sale 1029* Sale 1059* Sale 1059* 1069* 1059* July 1079* 1059* 1049* 1059* 1029* 21 8 1089* July 19 1019* July 28 1039* July 27 105 July 2 25 1039* Sale 12 13 6 100 107 229* July 100 102 Sale 979* Apr. 1069* July 26 11294 May 12 40 25 23 969* July 95 July 23 108 111 Sale 229* ' 1109* July 1109* 1109* July 108 Sale July 107 108 July Sale 1049* July 105 105 July 1059* Sale 1109* 1109* 1089* 1079* Sale 103 Apr. 1039* Mar 1079* May May 20 104 103 1689* 6 28 22 1019* 1019* 87 909* 929* 739* 1029* July July July 979* July July 979* July Sale 48 mn 12 June 65 65 104 1079* Sale j mn Mar. Mar. Mar. 8 2 18 Feb. 1 Jan. 12 Jan. 12 Jan. 12 Feb. Jan. 50 1079* 1079* 107 1079* 1079* 1049* 1049* 1039* 1049* 1049* 104 1049* 1049* 1019* 107 j mn Mar. 18 22 July 60 108 1089* j j ... 80 o 106 m Sale 103 H Sale 22 29 1059* 1039* 82 a mn 179* Jan. Mar. ; Mar. I Jan. 7 ... Sale Sale j mn Mar. 25 22 93 759* Sale 70 Sale 1039* 108 109* 109* 109* 109* j Mar. ' 639* July 98 July July 559* July 95 July 102 107 m 106 m 107 3* 105 H Sale 103 m Sale June ' 1099* Jan. 104m o Mar. i Mar. 110 Sale 101 i Apr. Jan. 1079* Jan. 102 Sale Sale j s — 1059* 108 109 107 14 15 17 349* Feb. 14 8 139* Jan. 49* Jan. 12 Jan. 13 18 13 189* Jan 189* Jan. 13 Jan. June 5 1 1 1 o 359* Jan. Mar. 1089* Sale 999* Sale 1029* Sale 96m Sale 30 36 Apr. 26 26 8 1069* July Sale 359* Jan. Mar. 103 1069* July July 1089* Sale 108 999* July 1019* Sale 1039* 1039* 102 9* July 1049* July 105 Sale m n June 12 7 15 17 1029* Mar. 106 m 109 m 107 Sale o July 63 July 509* July 6 1019* July 619* July 6 July 8 49 969* July ! 1 m n a 45 July July July 93 Sale July 969* July 93 979* 93 919* July 949* Sale 110 1059* July 108 60 o Feb. 112 June Mar. 44 July 5 229* July 25 199* July 26 109* July 25 9 July 25 11 July 25 89* July 30 59* July 9 77 75 1059* July 108 h 1109* 1089* 1099* 1089* July 105 h 1059* 1019* 1019* a a 1089* July 1049* July 105 9* 1059* 1059* mn 79* Jan. 859* Jan. Mar, 75 82 m f Mar. May July July July July July 25 1 149* Feb. 25 Jan. 10 May 22 25 21 25 26 25 25 30 6 7 3 25 1109* July 1069* July July 1039* July 989* July 85 July 839* July 69 July 14 July 1059* July 109 July 35 47" Sale Feb. Mar.. 3 3 11 12 July 1079* July 1059* July 102 July 92 July 889* July 80 July 159* July 1079* July 109 July 106 106 60 m r—.. June 29 22 104 1039* July 1089* 86 u j July 7 529* July 15 399* July 20 75 j j 209* 129* 119* 119* 79* 15 13 June 3 3 Jan., 3 1099* Jan. 90 Jan. 28 909* Jan. 89* Mar. 30 179* Jan. 169* Jan. 79* Mar. 30 Jan. 569* May 9 108 159* Mar. 23 229* July Mar. 31 45 106 mn m s 14 6 1 14 1 16 105 June 27 27 7 26 29 1619* Sale 85 h 3 i?8 I?* July 15 July 2 July 6 8 July 5 69* July 6 8 July 5 7 July 9 49* July 29 30"" 1082* Sale 70 73 102 j ftu 41 Sale - d 88 Sale 18 149* 1069* 107 Sale 107 96 T June 75 65 105 34m July July July July July 70 July July 28 July •269* July 29 July 29 July July July 49* July July July July July 19 July 12 17 89* Sale 49* Sale 80 65 80 14 al6 SB 18* Sale July 25 149* July 29 769* July 27 22 M July 25 3 1119* Jan. Jan. 819* June 17 109 90 9* June 68 Y[Wl : 8 J 12 5 269* Jan.' 2 1079* Jan. June Jan. 21 65 "80 3* July 99* July 9 July 9 July 59* July 57 89* 6h 943* 17 199* "7% ~~8 " Sale a4] 12 47 Sale 16 15 19 18 8 12 45 452* 47 Sale 23 85 July 25 July 11 1029* July 12 98 July 15 90 1 July 19 939* July 20 14 109* 109* 199* 69* Sale Sale July 129* July 729* July 189* July 119* June 18 97 16 149* 59* 69* 11 A* 52* 23 July July July July 85 July 899* July 12 Sale Prices Sale Prices Sale Prices Sale Prices Highest Lowest Highest Lowest 13 July 119* July July 5 July 69* July 72 68 July 1119* July "269* 259* July July 2§k 25 27 2594 July 289* 259* July 41 27 July Sale 99* July Sale 39* July 15 July 179* 18 159* July Sale 159* July 179* 159* July 18 169* July 18 10 *V/a Sale Sale m n Series c ftu h Sale m n 1991 St Louis Div 1st coll trust ft 48.1990 Sprinft At Col Div 1st ft 4s 1940 w w Val Dlv 1st ft 4s 1940 30. 9 9 9* 9 21 d 4s....1942 mn For footnotes, see page "27"" 48 27 Sale Sale mn June 151951 j d . 69 259* 259* mn 17,000 Cleve-Cliffs Iron 1st mtfte 4ms..1950 39,000 Cleve Elec Ilium 1st m 3ma......1945 j j a o Clev Ac Pitts ften ftu 4Ms ser b..1942 a o Series b ftu 3m« — j j Series a ftu 4Ms.. ........1942 "2",000 5 -§* 68 259* mn 1st mtfte ft 2m* 49* 50 25 m n 265.000 ""5" Sale 189* Cln w Ac m dlv 1st ft 4s •, 12 26 mn 5s series c ftuar 1957 2m> aeries d 1971 Clearfield At Mahon 1st fttd ft 5s.. 1943 68.066 c gc At St l ften ft 4s 1993 1,000 General Ss series b ——1993 374,000 Ref At Impt 4 m« series e... 1977 46,000 Cairo Div 1st ftold 4s 1939 , 12 23 18 Sale mn Cincinnati Union Terminal— General 12 12 m Sale Sale 10,000 Memphis Die 1st 4s 1951 j d 68,000 Chic t h Ac s'eaat lot Ac ref 5s—1940 j d 136,000 Income ftuar 5s.. Dec 1 1940 m s Chlcafto Union Station— 14.000 Guaranteed 4s—............1944 a o 41,000 1st mtfte 4s series d 1963 j j 253,000 1st mtfte 3series e 1963 j j 30,000 3m* ftuaranteed..————1951 m s 217,000 Chlcafto Ac Western Indiana 4s—1952 j j m s 150,000 1st Ac ref mtfte 49** •«' d......1942 152.000 Child* Co deb 5s... 1943 a o 3,000 {♦Choc okl At Gulf con sol 5s 1952 m n 89,000 Cine Gas Ac Elec 1st mtfte 39*»—1944 f a d 2,000 1st mtfte 3Ms.........—.——1947 1,000 |2« 26 30 41 stamped..May 3037 j d c_ ......May 2037 j d ♦Cone 4m> series a 1949 mn "2,000 199* 13 1119* ♦1st At ref 4 ms ser 53,000 92,000 |15 15 8 11 Sale ♦1st Ac ref 49*8 Cln Leb Ac n 1st con ftu ft 139* Sale 199* 20 37 ♦{♦Chlcafto Rye let 5s stamped 26,000 Feb 1 1938 25% part paid 1927 f a 362,000 {♦Chic ri At Pacific ften ft 4s 1988 j j 13,000 ♦Certificates of deposit.... 457,000 ♦♦Refundinft ftold 4s..........1934 a o 193,000 ♦Certificates of deposit......— 252,000 ♦♦Sec. ftold 4ms series a......1952 m s 16,000 ♦Certificates of deposit... 239,000 ♦Convertible ftold 4Ms........ 1940 m n Chic s l At n o ftold 5s 1951 j d Sale 66 Sale stamped........1987 Gold 3 ms 100 % Sale 12m 299* m 131,000 701,000 93 929* 100 75 39 m Sale ♦♦15-year secured 49**— .....1934 ♦1st At ref g 5s May 3037 j 42,000 100,000 89 13 Sale - 239* 17 969* 949* 100>4 1019* 100 969* Sale 929* 95 Sale 52 Sale 1949 175,000 {♦Chic Mil At St p ften ft 4s ser a.1989 ♦Gen ft 39** series b 9,000 May 1 1989 114,000 ♦Gen 49** series c —May 11989 68,000 ♦Gen ft 49** series e May 1 1989 20,000 ♦Gen 4ks series f May 11989 2,117,000 {♦Chic Mil St PAt Pac mtfteSs serA1975 ♦Cone adl 5s 1,092,000 Janl 2808 6,000 {♦Chic & No West ften 39** 1987 72,000 ♦General 4s....... 1987 28,000 ♦Stpd non payt Fed Inc tax. 1987 16,000 ♦Stpd ften 4ms non-pay lnc taxl987 175,000 ♦Gen 5s stpd non pay lnc tax. 1987 Ask 21 Sale Sale j 21,000 {♦Chic Indlanap Ac Louise rf ft 4s 1947 j 11,000 ♦Refundinft ftold 5s ser b......1947 j j 3,000 ♦Refundinft 4s series c.. ......1947 16,000 ♦1st Ac fteneral 5s series a.. 1944 mn 1,000 ♦1st Ac ften 4s series b May 1944 3 3 14,000 Chic Indiana At Sou 54-yr 4s ...1954 5,000 Chic l s At East 1st 49** Sale Sale ♦{♦Chic 8c e 111 1st cons ft 4s ..1934 {♦Chic Ac b 111 Ry (new co) ft 5s ..1951 mn ♦Certificates of deposit....... 12,000 Chic At Erie 1st ftold 5s 1983 m n 692,000 {♦Chic Gt Western 1st 58-yr 4s...1959 m s , Ask Bid Bid o i he 1949 j j lllinoia Division 4s. ........1949 j j General 4a ........1958 m s a 25,000 • July 30 July 1 Ask 613", 666 > ; 1938 PRICES IN JULY Jan. 3 hfl, stock exchange Chic Ac Alt rr ref ft 3« 158,000 240,000 322,000 125,000 292,000 ; '■ is BONDS Value 33 EXCHANGE—BONDS 7 1 13 56 Mar. 107 9* May 1049* Apr. 100 04 Apr. July 979* Apr. 999* Apr. July 22 July 27 July 27 July 7 July July Mar. Mar. 7 19 209* Feb. 12 249* 929* Mar. 31 104 10 179* Apr. 26 169* 109* June 20 119* 119* Mar. 31 13 July 7 159* 56 40 Apr. 11 1089* July 109 1059s July 1059* July 1069* 1059* 1059* 1039* 1059* 98 104 May 19 July 23 July 26 July 7 July 7 3 29 3 5 Apr. 22 July 27 Jan. 17 Jan. 13 Mar. 31 Feb. 9 July 19 May 13 May 6 July 25 June 11 July 27 Jan. 13 July 14 May 24 1069* Jan. 106 12 31 17 11 26 June 18 , u N. T. STOCK Sales in IS STOCK EXCHANGE Bid 87,000 Cuba Northern Rya D 1942 131,000 Cuba RR 1st 58-jr g 5a .....1952 15,000 7^1 series A extended to.....1946 J 9,000 6s series B extended to.......1946 J 17,000 600,000 11,000 10,000 3,000 32,000 13,000 352,000 11,000 40,000 221,000 426,000 Dajrton Pr A: Lt 1st & ret 3H*...1960 J Denver Gas 8c K11st 8c ref 5s....1951 MN ser J J B......1976 AO Ft D 1st gu g 4a_.l*3S Certificates of deposit .... Gen & ret 4 3$s aeries D..__ F A 1961 ret 5s series B.........1952 A O Gen 8c ret mtge 4s series P.....1965 A O Gen 8c ret mtge 334* series G-.1966 M S 1 Gen 8c ,1,000 ♦Detroit 8c Mack 1st lien g 4s.... 1995 J D J D ♦Second gold 4s.. 1995 Detroit Term 8c T unnel 1st gu 434* *61 36,000 Dow Chemical deb 3s 1951 10,000 t*+Du! So Sbore 8c Atlantic g 6s .193 68,006 MN J D J J ..1965 J 84,000 Duquesne Light 1st M 334s J 2,000 eastern RyM No Dlv 1st g4s 1948 A O 35,000 eastern Tenn Va 8c Ga 1st g 5s ._1*:»«> MN 13,000 3d Rl 111 Bkn 1st con g 4s.......1939 J J Rd Rl III N Y let cons g 175",660 5s 199? 3 Electric Auto Lite conv deb 4s... 1952 F tttgin Joi 8c Bast 1st g 5s ...1941 M EI Paso Nat Gas 434* series A 1951 J El Paso 8c S W 1st Ac ref 5s 1965 A 5s stamped .1965 A ftrle & Plttsb gen gu g 3*4* sec B.1940 J Series C 334s 1940 J 28",606 J A N D O ...1953 A 1,002", 660 1,296,000 54,000 5,000 3,000 "7", 660 123,000 21,000 3,000 31,000 34,000 5,000 28,000 conr 4s Series D 1953 3 3 J 315,000 110,000 MN MN ♦Certificates of deposit.... 44",660 A7 if nnn 1 'nnn 01 nnn 146,000 26,000 1956 1949 A.1952 Cable 1st s f g 534s A 1947 E,ec (Germany) 7o_...1945 12,000 39,000 154,000 434*..1941 £ £ Elec ( Bergen Co) 5s 5*en Amer '^estors deb 6s ser nnn 10 Fort St U D Co 1st g Francisco Sugar coll trust 6s ♦Debenture 634* ♦8 f deb 4 6a 1949 15-year debenture 334* 6,000 {♦Ga A Ala 1st O.00U ...1951 cons 5s '{^Georgia Carolina Oct. 240,000 176,000 69,000 63,000 ex 1st gu g 434s... Grays Point Teiw 1st gu g 6s Gt Cons Rl Pow (Japan) 7s 1st A gen s f g 6 34s. Great Northern Ry— 1st A refund 436* Ser A Gen mtge 534* Ser B Gen mtge 6s Ser C Gen 414s Series D ..... N| F A 108 41 Sale 40 37 65 Sale 110 106 103 Sale 10434 — 9654 45 45 10334 104 103 10154 10154 70 Sale 4434 53 Sale 2334 51 Sale 14 56 1754 14 Sale 4234 Sale Sale 105 J J D J D M N 8 75 60 9534 "98" 99 101 86 60 9434 9534 60 5734 60 634 Sale Sale 6 -—- 154 1* 87 7134 91 Sale Sale k 93 34 97- 48 Sale 96 Sale 434 60 63 68 96 9954 100 8454 86 100 "55" 79 55 3554 6134 —... Sale 45 6354 8 Sale 7 8 734 Sale 634 8 1754 334 134 85 ; 2 54 100 3634 Sale Gen 434s series R I 4434 11954 Sale 10354 104 9634 Sale 10134 Sale 4734 4834 48 4734 4934 48 50 4734 .4934 48 50 102 97 Sale 10434 Sale 80 25 86 85 25 _ .... Sale 64 Sale 70 62 Sale 5034 Sale 100 Sale 10134 Sale 55 Sale Sale 89 93 96 §4* 77 Sale 90 91 90 78 81 Sale 77 Sale 79 Sale 8934 8034 Sale 9334 1*7? .1*46 For footnotes, see page 30. Sale Sale J Feb 60 Feb 1940 1950 195* 1,000 stamped 1952 19,000 Gulf States St'11st mtge 434*— 1961 117,000 Gull; States Utilities 4s series C. 1966 17,000 10-year debenture 434* 1946 ... J 1957 1949 199* 1944 1937 954 IV 9 MN A O J J A O O A O J J J J J J A O MN Sale 60 Sale fx* 45 834 6054 80 "67" Sale 65 7034 91 9134 84 85 10134 Sale 103 Sale 10734 45 45 jpu m 10554 Feb 28 6054 July 7 July 654 July 27 254 July 7 3634 July 1 7134 July July July 95 July 9834 July 100 Juiy 85 July 10054 July 1 104 1 9754 92 5 . 7 15 21 22 15 15 5 109 Mar. 31 103 Jan. 58 3 108 14 104 106 Jan. TJune 20 FJuly 25 5 108 10634 Jan. June 28 July 29 Apr. 28 10654 Feb. 21 10854 July 22 10734 Jan. 11 10854 July 22 Feb. 14 854 Mar. 26 15 9 June 16 16 Feb. 15 434 Mar. 30 4 Mar. 23 534 Mar. 31 3 Jan. Feb 7 24 88 8 Feb. 17 734 Feb. 25 1034IFeD. 17 434 July 13 Feb. 24 42 2 11354 Feb. 10934 May 18 2 11154 July July 16 37 Jan. 29 11154 Apr. 1052,32July 107 Apr. 10334 Apr. 32 July 20 May June 33 109 Mar. 2 Jan. 12 June 3 10254 Apr. 14 Apr. 106 23 Jan. 7 106 Jan. 110 May 9 100 July 6834 10134 13134 9434 June 108 90 103 Mar. 10 Jan. 10 Jan. 10 106 June July Jan. Mar. 132 107 May 28 July 19 10934 Mar. 2 10534 July 26 10234 Feb Apr. 27 103 May 16 May 24 10034 Apr. 26 103 3 3334 Mar. 26 7034 Jan. 16 13 Mar. 31 Mar. 25 1234 Apr. 75 6 27 25 5 29 21 21 15 6454 July 6 854 July 21 734 July 21 254 July 7 45 July 14 10154 July 96 July 48 July 4754 July 4734 July 7 104 July 10134 July 50 July 5 4934 July 22 50 July 1 June in June "59"" Mar." 97 2 1« 22 June 23 Apr. Apr. 75 53 51 Jan. Jan. 3634 Jan. 2154 Jan. 43 Jan. 4234 Jan. 105 Jan* 3 3 6 26 3 3 3 Jan. 6 10154 Jan. 13 85 7134 June 11 July 27 Mar. 29 104 8934 Apr. 27 July July 9834 Juiy 81* 95 2 100 Mar. 26 Jan. 25 5 29 6 Mar. 1 9354 Apr. 12 10054 July Mar. 3534 June 17 40 49 Mar. 29 6454 July 354 Mar. 30 854 July 8 354 Mar. 30 July 15 8 1H Mar. 26 85 17 6 21 25 254 Mar. 8 254 July 7 2 June 6 54 Apr. 29 10334 Jan. 17 103 34 Jan. 17 34 June 22 4954 Jan. 18 85 92 20 July 5 3154 July 22 89 1 99 July 29 1 9834 July 6 14 10534 July 12 13 9434 July 23 July 18 10354 July 97 110 61 65 46 3134 Sale 34 81 Sale Sale 75 64 July 30 5134 July 26 9954 July 93 July 8134 July 7834 July W* 62 25 July July July 22 8254 July 22 July 22 97. July 22 89 July 75 July 60 834 "834 July"II "85" 73 July 112 July 6 73 74 Sale July 30 40 112""July" 23 109 69 ' July 31 July . 12 114 July July 81 July 3134 July 31 10534 July Mar. 31 10534 July Apr. 7 100 July 28 29 12 11 15 1 28 13 65 July 21 Feb. 25 1 13 Apr. 2534 Jan. 25 Jan. 12 34 Apr. 12 99 7834 Apr. 1 July 29 84 Mar. 31 9934 Jan. 19 10154 Mar. 30 10634 June 6 7434 Mar. 30 9434 July 27 102 July 18 10634 Jan. 67 64 68 77 26 7134 Mar. 18 Mar. June 20 104 Jan. June 17 9954 Jan. June 18 9034 Jan. June 14 8954 Jan. 74 June 20 10354 Jan. 6934 June 20 95 Jan. 60 June 21 Mar. 7 Mar. 29 Apr. 4 Mar. 29 82 60 10 81 82 29 Jan. 18 109 Mar. 25 3134 Apr. 14 11954 Mar. 30 81 June 28 8 3 3 10 11 5 10 10 Mar. 2 Jan. 25 Jan. 12 Jan. Jan. 9054 Jan. 27 91 Jan. 9134 Jan. 7 93 July 76 Apr. " 4 9334 July 9934 Apr. 8 10554 July 10034 Apr. 10434 July 108 27 108 52 19 30 9554 June 18 11134 Jan. 80 55 July 27 93 July 27 8954 July 14 9334 July 27 July " 10554 July 29 10434 July 20 10434 July 7 July 3734 May 27 14 34 June 1 July 25 30 113 54 118 74 7554 89 55 65 10634 10734 108 — 101 7 105 l0434 10134 Mar 1 93 96 4934 July 50 July 54 9 7934 45 Mar. 28 Jan. 4 July 5134 July 90 July 8934 July 8034 July 7054 July 50 64 10334 July 19 97 July 27 77 Mar. 2<i 39 39 July July July July 103 Mar. 30 104 July Mar. 30 10134 July 39 100 1 45 90 8834 9054 Sale 105 10534 10434 10434 10434 2834 11854 Sale 5134 6134 109 18 4 954 Mar. 29 954 Mar. 29 5 38 May 36 May 25 106 "90"" "66" 82 J A Sale 106 O A J 4 Apr. 15 1754 July 1754 July 4734 July 45 July 84 July 102 104 Sale Feb 1*4? 9,000 Heckeneack Water let 4s.. ♦Harpen Mining 6a......... 14,000 Wocb Val 1st coo g 434*-.J. 48,000 Ho« (R> * Co 1st mtge 7,000 t**Houeatonlc RR con g 5a July 25 July 7 22 July 21 2134 July 25 85 103 Sale ♦Green Bay A West debctft A. ♦income debenture ctfs B l*t mtge gold 5s series G Gulf A Ship Island ref 5s "20 102 1834 July 3134 July 9754 Sale 97>4 98 10354 Sale 9334 Sale 104 10654 .1961 Jan. 101 48 26 80 .1967 Greenbrier Ry lat gu g 4a Gulf Mob A Nor 1st 634* set B__ 26 10534 Sale 10534 Sale 10434 July 1 10534 July 1 106 Sale 104J4 Sale 104 July 6 10534 July 28 98 9834 9834 9954 9834 July 18 100 July 13 52 ' Sale 61 >4 Sale 50 July 1 65 July 25 15 26 19 2134 2034 July 27 21 July 25 Sale 73 41 Sale Prices 43 Feb. 9 Feb. 8 Feb. 7 52 Feb. 9 54] 58] 11934 92 .1*46 ....... 10534 July 19 134,434 100 3834 9134 Sale 94 34 Sale 70 79 26 1754 234 134 17 .1950 100 . 35 234 June • 35 7134 July July July 95 July 94 July 9854 July 85 July 100 July 63 10334 Sale 9834 102 .1976 Gen mtge 4s series G-_. Gen mtge 4s series H Gen mtge 3 36 s series I 100 July 6 July 21 July 25 July 13 96 99 7554 190 3834 July 1634 10434 13 107 33 87 434 July 102 35 10354 Sale 27 354 July July 11 July 30 July 13 20 25 654 854 10134 105 1534 .1*44 14* July 31 .1*47 ioiH 3534 42 32 July 19 32 2534 35 6 9234 93 93 9234 July 6 106 10534 10554 10454 July 17 1 1954 17 18 July 109 Sale 109 July 29 10954 18 1954 10834 10434 10634 July 25 July 8 July 29 July 14 July July July July July July July 25 Mar 3134 Mar. 31 42 9434 354 10234 Sale 334 2034 i95" r 100 234 654 42 - 92 254 11734 118 10034 Sale 97 9954 3854 4334 102 102"' 1754 104 60 3834 58 July 11 Sale 75 79 2 7454 July 102 10134 10354 10134 July 29 13154 Sale 10634 Sale 10434 July 9 108 10634 108 10434 105 10434 July 7934 45 "7934 95 H 45 9554 10234 10154 10234 10334 102 10334 Sale 44 4434 July Sale Sale 23 2254 July 18 14 2134 1834 July Sale 1934 Sale 1754 July 80 14 4234 Sale 1 1534 Sale 1354 July Sale 1 1434 1534 1354 July 43 45 8 4234 4034 July 50 30 40 4334 July 21 90 90 84 8234 July 25 62 10154 102 9534 97 D J 1354 1354 413k 4134 30 O 105 Sale 109 50 J Sale 17 10154 13154 10534 43 10834 July 15 July 31 1 Highest Sale Prices 19 7 5134 July 28 40 July 1 July 7 11354 July 11334 H354 11254 July 11354 10634 10834 1052132Sale 1052132«luly 28 108 July ink Sale 11054 11034 July 16 11134 July 109 Sale 109 5 109 34 July 10834 July 101 «• 39 40 34 July Sale 100 ..... A 434 80 334 2034 15 10734 8954 '9554 10334 10654 — 41 IV Sale -. 10854 10834 July Saie Lowest Sale Prices 1 1 1 1 10834 109 10854 July 10334 10334 July 106 10634 10634 10634 July 10834 10834 10834 10834 July 10834 Sale 10834 10854 10834 July 11 Sale 1234 July 45 12 1234 July Sale 6 754 6 634 July 6 534 5 July 634 Sale 834 Sale 834 Sale 754 July 10954 9854 Sale Prices 10834 10334 2134 Sale 10734 Sale 13134 64 Highest 3634 July 3734 July 4$ July 40 July 5134 59 .1973 169,000 10834 Sale Sale 103 J .1941 39 Ask 3834 Sale .1952 ... 632,000 365,000 126,000 44,000 D S Gou? A Oswegatchle 1st 5s..... .1*42 Grand R A I 18,000 38",660 J M Sale Sale 9234 10434 1948 311,000 Goodrich (B K) Co con* deb 6s. .1945 209,000 1st mtge 4 l{s .1956 290,000 Goodyear Tire A Rubber 1st 5sI .1957 27,000 Gotham Silk Hosiery deb 6s w w .1946 7~5",666 A J A Northern— Extended at 6% to July 1 1934 9,000 ♦Good Hope Steel A Iron sec 7s. 1945 29",606 D F General Motors Acceptance Corp— F A 10-year debenture 3s 1946 nnn'£ene/a ?ub,,c Service deb 5HS.1939 r'RRR ?en Steel Cs*tlng* 1st 534* w W..1949 nnn 55 - J M 48 40 40 50 25 70 M N 1940 J o«n C • 434 40 10834 HO ♦♦(Amended) 1st cons 2-4s 1982 Proof of claim filed by owner.... 934 38 3734 60 34 N O 3 ♦Genesee Rlv RR 1st s t 6s 1957 3 J ♦NT Y A Rrle RR ext 1st 4s.....1947 M N ♦♦3d mtge 4J4s.... ...1938 M 8 ft roes to Breda Co 1st mtge 7s 1954 F Fairbanks Morse deb 4s ....1956 J D Federal Lt A Tr 1st s f 5s 1942 M 8 5s International series.. 1942 M 8 First lien s f 5s stamped......1942 M 8 1st lien s f 6s stamped 1942 M ° 30-year deb 6s aeries B 1954 3 Flat deb s f 7s .....1946 3 {♦Fla Cent A Peninsular 5s.....1943 3 {♦Fla East Coast 1st 434s 1959 * ♦1st A ref 5s ser A ...1974 M ♦Certificates of deposit 1,000 7 38 Ask Bid . 3634 Sale 3734 Sale RANGE SINCE JAN. Lowest , 11254 11334 10854 109 10954 Sale 105 10534 A ♦Ref A Impt gold 5s ser 1927 ..1967 M ♦Ref 8c Imp 5s ser 1930 1975 A ♦Erie A Jersey 1st s f 6s ...1955 3 ♦{♦Fonda Johns A Glo? ref 434s.1952 Proof of claim filed by owner 7 554 834 July 30 IV 15 O ...... "9",666 Sale Bid 98 106,000 {♦Erie RR 1st con A: prior Hen 4sl996 3 318,000 ♦let consol gen Hen 4s 1996 3 J 86,000 ♦Con? 6 4s Ser A 1953 A O 72.000 ♦Series B ♦Gen >28 334 834 . {♦De» Plain*- Val 1st guar IH* -1947 Detroit Edison — 144,000 274,000 64,000 66,000 10754 Sale 5134 Sale 10634 Sale 103 10454 106 10654 10754 A {♦DeeMoines 8c 10,000 49 H 46 M N tax cons g 4s 1936 J ♦♦Conaol Hold 414■ 1936 J t+Denv 8c R Gr West gen 6s Augl95f> P ♦Assented (subject to plan) ♦Ref 8c Imp mtge 5s 42 37 Del 8c Hud 1st 8c ref 4s..........1943 MN Delaware Pr 8c Lt 1st M 434* J 1971 J 1st & ref 414* J 1969 J 1st mtge gold 4H* J 1969 J Stamped as to Pa J**Den 8c Rio Gr 1st 3934 40 D July 1 Ask 3634 3834 D A O PRICES IN JULY Price Jan. 3 1938 BONDS July Value EXCHANGE-BONDS 20 3 6 27 27 29 7 July 25 June 7 14 18 17 Jan. July 3854 Feb. Aug., 1938] N. Y. STOCK Sales in BONDS s. y. stocn exchange I! a...1940 mn 192,000 Hudson Coal 1st s f Ss series a--1942 J D 3,000 Hudson County Gas 1st 5s 1949 mn 470,000 Hudson & Manhat 1st Ac ref 5s a.1957 f a ♦ adlumt income 5s ..feb 1957 a o 953,000 105,000 Illinois Sell Telep 3**a ser b 1970 a o j 1,000 Illinois Central 1st ft 4s. 1951 j j 1st ftold ih» 1951 j Extended 1st ft 1951 a o 1st ftold 3s srarlinft —1951 m 8 68,000 Collateral trust ftold 4s.— 1943 a o 63,000 Refunding 4s—— 1955 mn j 5,000 Purchased lines 1st 3hs 1952 ) 139,000 Coll tr ft 4s 1953 mn 24,000 Refunding 5s 1955 mn 952,000 40-year 4hs 1944 p a Cairo Bridge ftold 4s 19m "8",600 2,000 108 Ask Sale 30** Sale 120 121** 54 52** 18** Sale 108** 98 93 93 "54"" 103 - 1205* 46** Sale" *" -- 1215* 122 58** Sale Sale 109 85 Sale Sale 21 Sale 91 109 Sale 17 91 85 July July July July July July July 1 24** July 1 1095* July July 12 85 5 118** Apr. 12 40 Mar. 31 85 88 45** 48 48 50** Sale 53 Sale 45 47 46 50 44 Sale 46 49** 38** Sale Sale 42 Sale 103** 65 85 65 65 56 61 93 54 65 47 July 7 July 1 44** July 27 42 July 16 49** July 1 37** July 1 47 51 July July 45 J* July 48 July 60 July 54 29 29 29 25 23 84 82 90 "47 Sale 55** 58 59** Apr. 4 Apr.. 5 Jan.' 7 "45 46 455* July 25 37** Mar. 30 34**'Apr. 1 44** July 27 31 May 27 39 23 78 Apr. 2 Mar. 29 July 52** July 11 19 61 50 28 50 July July 56 11 27 ser 1963 a 4**a series c 44 Sale 1963 Joint 1st Ac ref 5s 39 Sale al065* Sale 1940 Illinois Steel deben 41** 38** 106** 1950 t+lndlanapol Ac Louisr 1st ftu 4sl956 Indianapolis Union ry— Ref Ac lmpt mtfte 3h* ser b....1986 m 8 Inland Steel 3^s series d...—.1961 f a j tinterboro r t 1st Ac ref 5s 1966 i ♦Certificates of deposit—. ♦♦10-year 6% notes 1932 a o ♦♦10-year 7% notes —.1932 m 8 ♦Certificates of deposit "96** Ind iii Ac la 1st ftold 4s 2,000 92,000 686,000 23,000 764,000 358,000 20,000 181,000 Interlake Iron conv .1947 deb 4s a'0 coll ctf 5s— Stamped extended to.......1942 mn 125* 55 60 46 Sale Sale Sale July Sale 42** 1055* . 415* July 45** 38** July Sale 1055* July " July 28 6 49** July 25 1 46** July 26 1 22 106** July 187,000 152,000 66,000 34,000 462,000 69,000 ; 149,000 250,000 19,000 12,000 913,000 3,582,000 1,005,000 ^Internet Gt Nor 1st 6s a 1952 j ♦ Ad! mtfts 6s series a.July 1 1952 a ♦1st mtfte ftold 5s series b 1954 j ♦1st ftold 5s series g .......1956 j Internet Hydro b1 deb 6s 1045* Sale" 107 50 95 18 July 20 18 July 20 June June 21 52 June 21 50 July 28 '75 Jan7~~4 29 Mar. 28 Mar. 8 Sale Sale 1075* 1075* 107 50 645* Sale Sale 16J* 465* 49** Sale 17 Sale 33 Sale 55 Sale 47** Sale 60** Sale 58** 72 Sale 87 Sale 86 Sale 62 48** 47 As b—1972 1947 1952 1939 —1955 Internet t Ac t deb ft 4**a Convertible debenture 4**a Deb ftold 5s Sale 17 17 July July 52 July 17 July 47** July 48** July 85 July 83,000 14 30.000 James Franklin ac Clearf 1st 4s..1959 8 m n f j 975* 70 Sale Sale 89 Sale 57** Sale Sale 985* 72** Sale 78** 79** 83 85** 71** Sale 995* Sale 745* Sale lale & 35* 95 j 89 Sale f a 61 Sale 2** d o 27 25 ao j j 2 j j d mn 1075* July 65 July 63' July 33 July 60** July 59 July 6 89 July 95 96 80 Sale 34 24 22 Sale Sale 70 62 69** 58** 108** 1085* 105** 105** 37 47** 16** m~8 —1941 j Sale 88 Sale 24 37 41 23 23 25 7 30 21 30 ~ 29 9 82** 85** 108** Sale 98** 98 107** 1515* 75 83** 108 * ..... 98 104** 101 100** 101 985* 99 855* 86** 28 85 57 28** 88 Sale 57 J* Sale 49** 53** 49** 62 91 95** 1941 102 Lake Shore At Mich Sou ft 3his—1997 Jan. 17 90 Feb". "21 125* Jan. 3 18 May July 22 100 19 5 25 26 21 27 25 27 25 50 5 19 26 26 20 13 22 Sale July July 13 5 14 July July 16** July 16** July 75** July 5i July 97 July 89 July 80 July 85 July 74** July 99 **" July 77** July 35* July 25 60 25 2 85 July 30** July 27** July July July July July July July July July 96** July 21 27 25 25 19 26 14 755* July 74 July 108** July 105 July 83 90 99 105 92** 89 100** 102** 72 92** June 12 June 1 3 3 485* Mar. 31 35** May 4 80** Apr. 2 18** July 245* July 185* July 245* July 14 29 86 July 12 91 July 19 995* July 5 995* July 5 ' ' reft...Dec 31 9175 Coal Ac Nay 4Hs ser a—.1954 sink fund 4 ha ser c.....1954 Ac New Enft rr 4s a 1965 At n y 1st ftu ft 4s 1945 Valley Coal 5s 1944 98 85 60 85 50 93** 60 Lehtfth Cons Lehigh 26** Sale 15** Sale 145* July 82** 55** Sale Sale 78 Lehtfth Lehlfth 54 Sale 54 57 49 Sale 47 62 50** 50** 56 54 65 50 885* j j 65 80 56 a o 94 95 78 27 55** 87 90 66 80** Sale 5s refundlnft 5s 1st At refundlnft 1st At July July 25 30 Mar. 31 82 Jan. 26 May 4 Mar. 31 94 Jan. 7 26 26 Apr. 15* Mar. 26 35* July 25 40 88 June 16 78** Jan. 98** Jan. 17 12 78 June 29 Feb. 24 July 1 14 20** June 9 Apr. 1 60 June 18 44** Mar. 30 103** Mar. 28 103** May 19 1940 40,000 Leh v (n y) 1st ftu ft 4 he 3003 1,079,000 Leb Val (Pa) ften con ft 4s Gen cons 436s.—3003 301,000 Gen con sol 5s 2003 40,000 1941 21,000 Leh Vail Ter Ry 1st ftu ft 5s 1965 14,000 Lex At East 1st ftu 5s 41 23** Mar. 12 Jan. 17 27 80 Apr. 8 27 Mar. 5 14** Jan. 10 —......... « " » 30,000 Llftftett At Myers Tobacco 7s.....1944 5s 1951 42,000 1947 62,000 Liquid Carbonic 4s cony debs Little Miami ften 4s series A 1962 185",666 Loew's Inc s f deb 3h*—........1946 40,000 Lombard Elec 7s series a........1952 5,000 ♦Long Dock Co ?*£s ext to......1950 1949 4,000 Lonft Island unified 4s Guar ref ftold 4a__.......... ..1949 46,000 4s stamped 1949 31,000 1944 19,000 Lortllard (p) Co deb 7s Ss. 7,000 340,000 Louisiana 1951 At Ark lst ls series a—1969 For footnotes, see page 30. n* Mar. 21 155 100 Apr. 60 31 Sale 35 22** 225* 27 30 22 62 Sale 36 73 315* Sale 38** Sale 84** 117** 124 a o a o f j a d un f a j o 8 130** 132 Sale 124 104 J* 106 107** no** 965* Sale d a m m 8 m s a o 24** 77** 'I8& Apr. 16 103** May 6 103** July 11 985* July 29 June Apr. 955* Apr. 85** Apr. 18 315* Jan. 25 June 18 Mar. 31 90** Jan. 61** Jan. 12 13 Mar. 31 60 Jan. 12 535* Jan. 49** July 17 19 90** Jan. 95** Jan. 4 13 145* July July July 65 July 89 July 42** July 95 July 38 July 32 July 30 h july 75 July 49 July 50 July 32 July W* July 33 July 52 July 108 July 29 26 26 13 26 29 5 18 27 20 25 25 25 25 21 27 13 105** June 28 118 Jan. 4 8 129** July 7 124** July 13 112** July 12 26 5 Jan. 128** Apr. 12 131 Jan. 121** Apr. 7 126 99 Mar. 31 112** July 5 19 100** July 625* July 60 July 82 July 83** July 83** July 1275* July 125 July 84 July 15 23 25 25 29 20 94** Mar. 31 100 5* 555* Mar. 31 63*! 55 July 19 90 8 87 80** July 88 H June 18 73 88 h June 17 73 126 Apr. 4 129*! Apr. 21 125 41** Apr. 44 Jan. 95** Jan. July 8 1 Mar. 29 89 64 "99"" 101 86 83** 87 85** 84 86** 127 129 f a 120 j j 72 122 Sale 42 32** 98** 38** 95 25 35 49 41 Sale 21 Sale Si* 26 Sale 28** Sale 33 27** 60 505* 51** 110 107** 108 129 130** 128** 130 1215* 1225* 124** Sale 111** Sale 1105* 112 995* Sale 55 55 87 79 Sale 1275* 128 1195* 120 , Sale 28 98 60** 55 85 83** 85 July July July July July July July July July July July July July July July July 128** July 122** July 110 July 60 80 Sale 24 47** 105** 65 "50" 78" 73 99** 100 63** 65 37** Sale 49 Sale 105 85 79** 22** 46 59 IP 58** 90 72 45** 46** 275* 1 6 17 78 27 72 41 Sale Feb. 23 Jan. Jan. 1 Sale 45 m n a o 40 Mar. 21 June 71 Jan. 88** June 95 Apr. 97 95 July 60 it* 38 m n 3 89 73 95 "295* Sale' May 16 Jan. 17 July 19 99** June 15 108** Jan. 103** July 30 103** July 11 985* July 29 87 30** July 80 h 36 j 91 4 28 Feb. 16 Feb. 24 75 48 47 Sale 40 j fP 27 2 25 19 2 2 7 29 19 34 31 mn 90 30** July 275* Mar. 755* July 74 July 108** Jan. 1065* Feb. 20 2 Sale 66** j 3 Mar. 89 835* July 56 July 56** July 505* July 49** July 87 a a 75** July 25 97 74 150 90 a j Sec 6% notes extend.to 1943 31.000 Leh Vail Harbor Term 1st As....1954 f 8 8 265* July Sale f 1954 1964 f a 6s ...1974 f a .... First Ac ref slnklnft fund Jan. 18 88** f 62** Sale 19 July 27 54** July 8 54 July 1 49 July 1 495* July 15 Sale 88** 30** 85** 315* m s Jan. 42** Mar. 31 25 13 1 9 152** July 80** July 92 July 100 July 80 j j 11 10 19 74** July 99** July 77** July 95 156 152 150** 156 151** July 82 70 80 79** 74** July 92 Sale 92 88** 815* July 98 Sale 100 101 98 July 99** 95** 95** 98** 103 Sale 103** Sale 1025* July 103 Sale 1035* Sale 102** July 98** Sale 955* 97 955* July 95 30 J* 73 22 93** 295* 70** ♦1st mtfte income July 51 Mar. 31 54 77 75 39 J* 22 13 June 22 102 Jan. 3 Mar. 31 34 July 29 Lautaro Nitrate Co Ltd— 350,000 33,000 20,000 17,000 14,000 l,,000 4,000 14,000 8,000 4,000 7 30 21 30 15 29 9 90 70 50 99** Sale 88 25* Apr. 12 25 195* Feb. 55* Jan. 19 102 40 "41" 26 Jan. Mar. 25 9 * 6 100** Jan. Apr. 1 1075* July 1015* Apr, July 42** Mar. 30 65 63 July 31 42** Mar. 33 July 10 Mar. 3J 60** July 40 Mar, 31 59 Jrny 40 Mar. 31 89 July 1 65 Apr. 2 102 25 j 51,000 Laclede Gas Lt ref ext 5s...—...1939 Coll At ref 5 his series g 1953 218,000 Col Ac ref ft 5 hi ser d ...i960 64,000 Coll tr 6s series a... .....1942 11,000 Collateral trust 6s series b 1942 5,000 Lake Erie Ac Western rr— 5s 1937 extended at 3% to 1947 80 27** 19** IV* 23 j j 4** a unguaranteed .....1961 j j Kings County Elec Lt Ac Pow— Purchase money 6s .....1997 a o 10,000 40,000 Klnfts Co Elevated 1st ft 4s .1949 f a j 16,000 Kings Co Lifthtinft 1st ref 5s...—1954 j 1st At ref 4hs..-37.000 1954 j j Kinney (g r) 5**a extended to.. 1941 j d 14o'666 Koppers Co 4s series a..........1951 mn j llo.OOO Kresfte Foundation coll trust 4s.1945 j 26,000 3**a collateral trust notes 1947 f a tKreufter At Toll class a ♦5s Uniform ctfs of deposit...1959 m s 70,000 2d ftold 5s Sale 37 50 68** Sale 675* 107** 108** 105** 104** 103** Sale 104 61 83** 68** Sale 675* Sale 106 2** July 56 IV* WA Sale July 15** July 4 July 15 July 20 15 July 20 70** July 12 45** July 1 905* July 1 83 July 5 78** July 26 81 July 7 69 July 1 985* July 1 72** July 1 96 '495* 27 mn j 114",666 425* Sale Sale 91 4,000 Kentucky Central 1st ftu 4s.....1987 j Kentucky Ac Ind Term 1st 4**a—1961 j Stamped.. ...............1961 j < 3 79 a o a Sale IP 86 j j 80 98** 69 80** a j 51 Sale 97 Plain Sale Sale Sale Sale 175,000 Jones Ac Laufthlln St'] 1st m 4**a_1961 m s 1990 1,000 Kanawha Ac Mich 1st ftu ft 4s 93,000 t»*k c Ft s Ac m ref ft 4s 1936 ♦Ctfa of dep (Bankers Trust).. 54,000 238,000 Kan City South 1st ft 3s 1950 Ref Ac Imp 5s 268,000 April 1950 270,000 Kan City Term 1st 4s 1940 96,000 Kansas Gas Ac R11st mtfte 4 **8—1980 ♦Karstadt (r) Inc 1st Mtfte 6s...1943 ♦Ctfs w w stpd (par $645).....1943 "10",5o6 ♦Ctfs w w stpd (par $925) — —1943 1,000 ♦With warrants (par $925)—1943 1946 16", 555 Keith Corp (b f) 1st ser ft 6s 18 74 705* Sale 45 A* 86** 53** 19** 16 40 42 1951 m 8 ♦1st At ref 4s 17 4** 15** tlowa Central ry— / 100** 1025* 101 Sale 68** Sale 1941 a Int Rys of Cent Amer 1st First Hen Ac ref 6 he 100** 100** 100** 102 5** Sale 16** 28 Intern Paper cony 5s series a—.1947 j Refundlnft 6s series a.... 1955 m 49** July 25 46** July 26 10754 Feb. 24 1055* July 96 98 49 17 —1944 a Int Merc Marine 1st a f 6s Jan. ^ 98 100 J* 19 3 54 July 29 45** July 29 48 July 25 60 July 23 455* July 25 84 May 11 63 June 1 72 Jan. 21 54 Jfar.,29 uly 11 87 75 20 Int Aftrl Corp 1st at 10,000 12 100 61 86 23 Sale 93** Jan. 77** Apr. 61 95 100 Ind Bloom! n ft ton Ac w 1st 4s..—1940 14 5 17 47 111 Cent Ac Chic St l Ac n o— 381,000 163,000 78,000 26 52 61 55 61 60 "80" 18 0 22 Jan. 98 59** 68** 75 60 95 75 80 Mar. 31 11* 106* 1025* June 30** Jan. 122 July 615* July 24** July 110 ** May 75 Sale Sprlnftf Div 1st ft 3**a 1951 Western Lines lev ft 4s—.....1951 Mar. 77** Apr. 19 75 Sale 80 80 99** Jan. 13 99 Sale 65 Sale Prices Sale Prices Sale Prices Sale Pricez .1 Highest Lowest Highest 101** July 2\ 102** 23 July T ^ 27** 1215* July 20 122 46** July 1 615* 1095* 109 85 55 1961 Gold 3**a Ask 102 J* 1025* 1015* Sale 27** 24 35** "44" 1953 1951 1951 1951 Omaha dl? 1st ft 3s Ask Bid Bid Lowest 99 93 Sale 47** Sale 62** Loutav Div & Tor ft 3**a July 30 July 1 1938 Litchfield div 1st ft 3s. St Lou Div Ac Term ft 3s 1,000 Jan. 3 Bid $ ' 74,000 Houston oh sink fund RANGE SINCE JAN. PRICES IN JULY Price July Value '£5 EXCHANGE-BONDS 80** 785* 79 78 825* 126** 1265* 127 121** 125** 1195* 73 82** Sale July July July July July July July July July 34 64 28 25 IP 1 71 Jan. 7 48 Mar. 31 65 Jan. 17 85 27 66 Mar. 30 95 Jan. 12 Apr. June 23 Jan. 3 26** Mar. 12 18*1 Apr. 6 19** May 16 72 July 12 30 34 June 7 42** July 26 99** Feb. 28 45 Jan. 12 W* 40 Jan. 10 Jan. 11 85 62 May 10 Jan. 3 Mar. 31 50** Feb. 23 32 July 25 33** July 25 17 Mar. 29 40 Jan. 45 June 23 52 May 12 \P 60 Apr. 30 Mar. 31 June 17 84 12 5 May 18 Jan. 18 Jan. 4 Mar. 10 Jan. 12 Mar. 2 Mar. 1 July July 28 25 \ N. Y. STOCK Aug., 1938] Sales in $ w BONDS July Value N. Y. Jan. 3 Ask Houston Oil sink fund 5^1 A... 1940 MN Hudson Coal 1st s f fts series A.. 1943 J D Sale Sale 1949 MN Hudson County Gas 1st 5s Hudson & Manbat 1st Ac rolls A. 1957 F ♦ Adlttftt A Sale ..Feb 1957 1970 5s In coma 1089* Illinois Bell Telep 3H> *er B lilt not a Central 1st g 1951 1951 1st Hold 68.000 3s sterling .. Collateral trust gold 63,000 5,000 139,000 24,000 952,000 103 99 1951 4s. 1st gold 3Hs Extended 1st 1 Refunding 4s Bid 7b 48 48 1955 MN Sale Sale 53 Sale 45 46 50 46 Sale 55 X 42 58 Sale J 629* Sale Sale Sale Sale A Sale Sale 1944 F 40-year 4H* Cairo Bridge gold 4s.......... 19K« Lou 1st Div & Tor g Omaha Div 1st g 3s 82 65 111 Cent & Chic St 3s 47" 80 75 75 45 1943 44 Sale 39 Sale 1940 4a....1940 1950 2,000 $+IndlanepoI A LouIst 1st go 4al954 Indianapolis Union Ry— Ref & impt mtge 3M* ser B....1986 92,000 Inland Steel 394a series D.......1961 686,000 tlnterboro R T 1st A ref 5s—-.1944 ♦Certificates of deposit....... 23,000 764,000 ♦♦10-year 4% notes 1933 358,000 •♦10-year 7% notes ...1933 al065* Sale 12 5* M B F A I J 49 O 16 M 8 46 A 499* 72 MN Stamped extended to.......1943 J A 5 J 16 J A O 689* A O 42 J J M 8 July 28 31 60 61 July 28 M N 539* Sale 49* 159* 40 51 909* 839* 789* Sale Sale 80 979* 81 Sale Sale §79* 89 Sale 61 Sale 989* Sale 729* Sale; J 29* 3 16 74 69 3 Sale July July July 17 July 479* July 489* July 85 July 52 Sale Sale 199* it* J. Sale 86 95 A 17 Sale Sale 1936 1946 8 429* 499* Sale 95 96 80 Sale 34 Sale 24 Sale 22 Sale 689* 679* Sale 79 97 A O AO J J 3 70 J 62 1089* 1059* 479* 169* M — 89 18 Sale Sale 989* Sale 789* 799* 83 859* 719* Sale 999* Sale 749* Sale 3 569* 969* 39* 61 Sale 839* 29H Sale 279* 18 July 20 1 1079* July 7 65 July 30 1 6 63 * July 21 33 1 July 30 1 609* July 15 July 29 5 59 6 89 July 9 41 179* WA 37 29* July 13 July July 5 14 99 105 ----- 839* 108 J 1049* J 98 MN 101 1009* 101 989* 99 J J F A 859* 869* M 8 28 289* 85 88 57 Sale 579* 499* 499* 91 959* D Co Ltd— ♦1st mtge income reg—Dec 31 9175 33.000 Lehigh Coal A Nav 494« ser A...1954 J Cons sink fund 494> ser C.....1954 J 20,000 1965 A O 17,000 Lehigh A New Eng RR 4s A 1945 14,000 Lehigh A N Y 1st gu g 4s 1944 1,000 Lehigh Valley Coal 5s 1st A refunding 5s ...—1954 4,000 1st A refunding 5s 1964 14,000 First A ref sinking fund 5a ...1974 8,000 Sec 6% notes extend,to 1943 4,000 1954 31000 Leb Vail Harbor Term 1st 5s 102 Sale 539* 62 929* if* 26 88 "89"" 1009* 1029* 72 929* 60 " 1 1940 2003 939* 60 25 July 50 88 80 24 22 969* July 25 2 85 July 309* July 279* July 759* July 74 July 1089* July 105 July July July July July July July July 269* Sale 159* Sale 809* 829* 559* Sale Sale 78 54 Sale 54 57 49 Sale 47 62 509* 509* 56 54 889* 87 90 Sale 299* 709* 309* 73 559* 66 _____ 889* Sale 21 27 25 25 19 26 14 60 July 29 86 12 11 "189* Jufy "14 July 249* July 29 999* July 5 "91""July "19 999* July 5 29* Apr. 1 12 June 3 12 June 3 489* Mar. 31 May 4 Apr. 2 Mar. 31 30 21 30 15 29 9 July 22 199* Feb. 11 59* Jan. 10 19 Jan. 8 19 Jan. 8 759* July 25 3 51 Mar. 97 89 July 25 July 30 Mar. 31 82 Jan. 26 75 May 4 399* Mar. 31 74 Apr. 1 429* Mar. 31 94 Jan. 7 359* 809* 54 77 19* Mar. 26 56 73 80 56 589* 94 95 789* 279* 85 M 8 F 149* July 1529* July 809* July 92 July 100 July 25 13 1 9 1039* July 103 9* July 989* July 30 29 18 269* July 54 9* July 54 July July 27 8 83 9* July 56 July 1 July 499* July 1 15 569* July 509* July 499* July July 8 80 49 A 669* 38 Sale 35 229* 229* 27 249* 27 Sale 36 U* 35 40 F 31 F 22 62 J 45 J *299* Sale" Sale Sale 849* 1179* 124 1944 30,000 Liggett A Myers Tobacco 7s Sa_ ...1951 42,000 62.000 Liquid Carbonic 4s conv debs...1947 Little Miami gen 4a series A ....1962 185",000 Loew'i Inc 8 f deb 394*—......-.1946 ...1952 40,000 Lombard Elec 7s series A 1950 5,000 ♦Long Dock Co 394s ext to —..1949 4,000 Long Island unified 4s Guar ref gold 4a—.......... ..1949 46,000 4s stamped 1949 31,000 1944 19,000 Lorttlard (P) Co deb 7s 5s... 1951 7,000 340,000 Louisiana A Ark 1st Js series A..1969 A O A O A O F J A D MN 319* 389* 1309* 132 Sale 124 1049* 106 1071109* 40 95 73 F 72 Sale 41 229* Sale 21 46 105 279* 509* 1079* 129 1309* 1289* 130 1219* 1229* 1249* Sale 1119* Sale 1109* 112 "999* Sale" A J D 64 55 639* A O *99" 101 55 65 M S 839 859 86 84 869* M 8 M S Sale 87 A O 127 129 F A 122 J J 120 72 Sale July 78 June 14 749* July 26 999* July 26 779* July 20 39* July 25 i?P W 449* Mar. 1039* Mar. 1039* May 17 12 Feb. 24 July June 60 789* Jan. 989* Jan. 90 209* June 169* Apr. 27 2 Mar. July July 25 19 4 1089* Jan. 1069* Feb. 28 16 41 Feb. 27 Mar. May 16 Jan. 17 July 19 Feb. 24 149* Jan. 239* Mar. Jan. 27 80 Apr. 91 999* June 15 1089* Jan. 999* 100 98 65 "50" 609* 60 55 85 "79" Sale 839* 85 79 Sale 78 829* 79 1279* 128 1199* 120 73 Sale 80 150 71 . Mar. 21 3 24 29 2 149* July 18 2 2 7 75 48 47 29 19 44 1 78 11 95 89 July 1269* 1269* 127 1219* 1259* 1199* 73 829* Sale July 29 July 26 July 26 89 July 13 429* July 26 95 July 29 38 July 5 32 July 18 30 h july 27 75 July 20 49 July 25 50 July 25 32 July 25 July 25 33 July 21 52 July 27 108 July 13 34 64 65 12 26 5 July 22 1009* July July 25 629* July July July 19 60 8 82 July July 83 9* July 1 July 83 9* July July July 15 1279* July 5 125 July July 84 1 July July 15 23 25 25 29 20 6 28 25 16 8 22 8 June 18 Mar. 31 Mar. 31 419* Apr. 95 Mar. 21 155 Apr. Jan. 889* June Apr. 97 June 100 Apr. 959* Apr. 859* Apr. 8 1299* July 7 1249* July 13 1129* July 1289* July 1229* July 110 July 809* 789* 87 July July July July July 24 July 28 July 479* July 1059* July Sale 26 F 96 88 1 Mar. 29 Jan. 959* Jan. 36 629* Sale 31 June 16 89 87 309* July 59 July 589* July 85 July 329* July 95 July 379* July 25 July F 40 95 87 90 Sale 309* Sale 65 M N 19 102 Mar. 25 40 189* Jufy 249* July 156 152 1519* July 1509* 156 82 70 799* 80 749* July Sale 92 889* 92 July 819* Sale 101 100 98 98 July 999* 989* 959* 959* Sale 103 1039* Sale 1029* July Sale 103 102 9* July 1039* Sale 97 989* Sale 959* July 959* 50 M N 30. 9 25 7 939* 65 MN —2003 ................2003 Vail Ter Ry 1st gu g 5s 1941 A East 1st gu 5s 1965 For footnotes, see page Apr. Jan. 3 9* July 85 85 50 999* Gen consol 5s Lex 65 May 90 98 85 70 95 Sale Gen cons 494*——Leh 40 18 1009* Jan. 1079* July 65 July 63 July 33 July 609* July 59 Jmy 89 July Mar. Mar. 40 13 Lautaro Nitrate 301,000 40,000 21,000 14,000 90"~~Feb"~2l 3 Apr. 1019* Apr. 429* Mar. 429* Mar. 10 Mar. 749* July 99 9*" July 779* July 4 499* July 25 469* July 26 22 1075a Feb. 24 129* Jan. 25 26 21 27 25 27 25 50 5 19 26 26 20 19 25 90 75 J 40,000 Lab V (N Y) 1st gu g 494* 1,079,000 Leh Val (Pa) gen con g 4a 28 July 5 July 169* July 169* July 759* July 51 July 97 July 89 July 80 July 159* July 4 July 15 July 20 15 July 20 709* July 12 459* July 1 909* July 1 83 July 5 789* July 26 81 July 7 69 July 989* July 729* July June 21 Mar. 31 Mar. 30 29 100 "41"" 199* 83 1519* 51,000 Laclede Gas Lt ref ext 5s........1939 Coll A ref 594* series C 1953 F 218,000 Col A ref g 594s ser D 1960 F 64,000 Coll tr 6s series A ...1942 F 11,000 Collateral trust 6s series B....1942 F 5,000 Lake Erie A Western RR— 5s 1937 extended at 3% to 1947 J , 521 June 21 1059* July 22 102 689* Sale 679* 1079* 1089* 1059* 1039* 1049* 50 A > 8 50~" July"28 75" "Jan"" July 2 July, Sale 23 37 25 J J Sale 23 1079* F 1941 Sale 104 859* 82J* 98 A 394*-.-1997 Sale 106 1089* Sale 989* 8 .1961 J .1997 ru rebate money 6s .... 10.000 .1949 40,000 Kings Co Elevated 1st g 4s .1954 16,000 Kings Co Lighting 1st ref 5s .1954 1st A ref 6)4a 37.000 Kinney (G R) 594s extended to. .1941 140",660 Koppers Co 4s series A......... .1951 llo.OOO Kresge Foundation coll trust 4s .1945 394s collateral trust notes— .1947 26,000 {Kreutfer A Toll class A ♦5s Uniform ctfs of deposit. .1959 70,000 350,000 11 96 1009* 1029* 101 709* 809* F 62 45 J 494s unguaranteed........... .1961 J Kings County Elec Lt A Pow— 5s 39* Sale A 4,000 Kentucky Central 1st gu 4s... .1987 J Kentucky A Ind Term 1st 4Hs., .1961 J .1961 J Stamped.. ............... Lake Shore A Mich Sou g 1009* 102 14 July 20 1079* 1079* 107 50 649* Sale Sale 14 18 98 86 P 4Mi—1980 J D ♦Karstadt (R) Inc 1st Mtge 6s...1943 MN ♦Ctfs w w stpd (par $645).....1943 1*0",660 ♦Ctfs w w stpd (par $925)..—1943 MN 1,000 ♦With warrants (par $925) 1943 .. 95 609* Sale 589* 17 Sale _ 87" "Jan""l7 75 20 ----- J J 419* July 6 499* July 25 459* 389* July 1 469* July 26 Sale 1059* July 22 1069* July - Sale 28 July June 52 50 Sale Sale 17 „ , ■ 1950 April 1950 1960 Ist ser g 6s Sale Sale 2 Mar. 29 100 61 86 98 50 Mar. 29 47 95 23 107 Apr. 27 55 61 46 39 23. July 50 46 429* 1059* 1 27 May 27 68'9* 87 Sale 70 Kansas Gas A El ist mtge 2d gold m 54 July 29 459* July 29 48 July 25 60 July 23 459* July 25 84 May 11 63 June 1 72 Jan. 21 ""July "II 56 47 9* 47 55 1990 A O Kanawha A Mich 1st gu g 4a 93,000 t**K C Ft 8 A M ref g 4s.... ♦Ctfs of dep (Bankers Trust) 54,000 114,000 mm 61 Sale Sale O J 8 238,000 Kan City South 1st g 3s Ref A Imp 5s u 268,000 270,000 Kan City Term 1st 4s * m. 54~~"Jaru~~3 349* Apr. 449* July 78 19 33 Sale D Plain 379*'Mar .'30 29 29 29 25 23 459* July 25 529* July Sale 17 J M Keith Corp (B F) 459* July 48 July 60 July 61"" July "Il 17 Sale 1009* 1009* J 30,000 James Franklin A Clearf 1st 4a..1959 J 175,000 Jones A Laughlin St'l 1st M 494s. 1961 M 16", 000 Sale A coll ctf 5s— •* 55 489* ' 96,000 July July 59 9* 60 419* Sale 389* Sale 1069* Sale Sale 1009* 1049* Sale .1947 AO ...1952 187,000 {♦Internat Gt Nor 1st 6s A ♦ 152,000 Ad) mtge 6s series A.July 1 1952 ♦ 1st mtge gold 5s series B... ...1954 66,000 ♦1st gold 5s series C—..... ...1956 34,000 462,000 Internat Hydro El deb 6a..... ...1944 ...1941 69,000 Int Merc Marine 1st s f 6a 149,000 Intern Paper cony 5a series A ...1947 250,000 Refunding 6s series A...... ...1955 19,000 Int Rys of Cent Amer 1st 5s B ...1972 ...1947 First Hen A ref 6Hs... 12,000 ...1952 913,000 Internet TAT deb g 4Hi Convertible debenture 4Ht ...1939 3.582,000 ...1955 Deb gold 5s 1.005,000 tlowa Central Ry— ♦1st A ref 4s..... —.....1951 ; 83,000 1,000 — 100 ::::: "%9* gold 4s ♦Certificates of deposit 20,000 181,000 Interlake Iron cony deb 4s ■ — 60 80 Illinois Steel deben 4 Ms 10,000 mm 54 July 7 July il 449* July 27 42 July 16 499* July 1 379* July 1 65 — 95 80 90 Ind Blooming ton St W 1st Int Agrl Corp 1st 0* 51 47 93 61 •J 47 84 54 56 1951 ........1943 4H* series C Ind 111 A la 1st July July July July 12 122 Mar. 31 40 L & N O— Joint 1st & ref 5s ser A... 381,000 163,000 78,000 80 509* 65 85 65 599* 1951 Gold 3>4s 1951 Springf Div 1st g 39f« Western Lines lcr g 4s........ 1951 1,000 65 1951 — ....... St Lou DIt & Term g 1039* 1951 1953 3fts 309* Jan. July 22 619* July 26 14 119* Mar. 31 249* July 5 .069* Apr. 4 110 9* May 98 Jan. 17 85 Apr.,/ 5 88 Jan. 7 939* Jan. 12 779* Apr. 19 779* Apr. 19 4 Mar. 13 1189* Apr. July 75 93 Sale 1953 MN 4 1029* June 18 999* Jan. 5 July July Sale Prices Sale Prices Sale Prices Sale Prices Highest Lowest Highest . 99 8 1953 J Litchfield Div 1st g 3s Lowest 1029* 1029* 1019* Sale 1019* July 21 1029* 23 279* Sale July , 1 279* 24 Sale 122 1219* 122 1219* July 1209* 589* Sale 619* 469* July 469* Sale 21 Sale 17 249* 17 Sale July 1099* 109 July 1099* 109 Sale 109 85 91 85 85 85 91 July Refunding 5s................ 1955 MN ................ Ask O Purchased lines 1st 3H> 2,000 Bid A Coll tr g 4s "8",600 . Ask 1951 M 4s....... 1953 ....—....... July 30 July 1 1938 ■ 74,000 192,000 3,000 470,000 953,000 105,000 1,000 RANOE SINCE JAN. \ PRICES IN JULY Price © II STOCK EXCHANGE 25 EXCHANGE—BONDS 22 13 Feb. 23 8191 10094 10394 9891 10391 10391 9894 June Jan. Jan. 1 6 17 Apr. 16 May 6 July 11 July 29 315* Jan. 25 909* Jan. 619* Jan. 12 13 Jan. 12 539* Jan. 499* July 17 19 909* Jan. 959* Jan. 4 13 60 June 22 102 Jan. 3 249* Mar. 31 1 48 Apr. Mar. 31 48 34 July 29 71 65 Jan. 7 Jan. 17 Mar. 30 95 Jan. 12 June 23 Jan. 3 429* July 26 999* Feb. 28 85 27 66 269* Mar. 12 6 189* Apr. 199* May 16 72 July 12 30 34 45 18* Jan. 12 Jan. 10 Jan. 11 85 May 10 June 62 Jan. Apr. 30 509* Feb. 23 32 July 25 339* July 25 119* Mar. 31 Mar. 31 13 3 12 40 52 Jan. 1059* June 28 118 Jan. 4 Jan. 1289* Apr. 12 131 Jan. 1219* Apr. 7 126 99 Mar. 31 1129* July 5 19 17 Mar. 29 45 June 23 94 55 55 Mar. Mar. July 809* July 73 June 73 126 June Apr. 1159* Apr. 60 June May 12 5 10054 May 18 6391 Jan. 18 Jan. 4 90 87 8891 8891 12991 125 84, Mar. 10 Jan. 12 Mar. Mar. 2 1 July 28 July 25 26 N. Y. STOCK EXCHANGE-BONDS Sales in July N. * BONDS . Value Y. STOC * 59,000 Loulvville Gas 8c Elec 3 Mis 17,000 i.ou & Jeff Bridge gu g 4s Bid 1945 M Unified gold 4s \ let Ac ref 5s series B 1st Ac ref 43fa ueries C. 1st At ref 4s ser D 99,000 69,000 8,000 160,000 1st & ref Bid J 105 2003 A O 10034 2003 A 2003 A O O 3J4« series E Sale 93 ...2003 A O ..1946 F A -.1945 M S 1952 J J 1955 M N 111 90 112 1980 M S -- 7,000 Atl Knox & Gin dlv g 4s Lower Austrian Hydro-Elec 48,000 186,000 25,000 31,000 86,000 800,000 76,000 9,000 6He-1944 F McKesson Ac Bobbins deb 5HS...1950 M N Maine Central RR 4s series A....1945 J D Gen mtge 4 He series A.. 1960 J D Man atl Sugar 4s s f Feb 1 1957 MN {♦Manhattan Ry (N Y> con g 4s..1990 A O ♦Certificates Of deposit......... *2d4s 2013 J D _ Manila El Ry Ac Lt 1st 5s ..1953 M 8 5,000 Manila RR South Lines 1st 4s...1939 M N 1st est 4s ...1959 M N {♦Man G B Ac NW 1st gu 3Hs...|941 J J 23,000 Marlon Steam Shovel a f g 6s....1947 A G 29,000 Market Street Ry 1st 7s Apr 1940 Q J 85,000 Mead Corp 6s with warrants.....1945 M N .... - ♦Mex Internat 1st 4s asstd 1977 M S Ms (Sept 1914 coupon on).....1977 M S ♦Miag Mil! Mach 1st s f g 7c 1956 J ^ Michigan Central-Detroit A Bay City Air Line 4a Jack LAS gold 3He 14,000 1st gold 3He 30,000 Ref A Imp 434* series C 17,000 {♦Midland of N J 1st ext 5s 1940 207,000 Mllw El Ry A Lt 1st A ref 5s ser B1961 115,000 1st mtge gold 5a 1971 {♦♦Mil A Nor lat ext 4He (1880).. 1934 A O ... 1st ert J J J ............1939 J 434«-- Con ext 4^s 31,000 {#Mil 8par A ® J *> D 1939 N W 1st gu 4s P 1947 {♦Mllw A State Line 1st guar j 3Ksl941 35,000 {♦Minn A St Louis 5s ctfs ...1934 MN 14,000 Mat A refund gold 4s 1949 M S 1,000 ♦Ref A ext aeries 5s A 1967 Q F 95,000 {*♦»« St P A S S M 4s stpd guar.Il938 J 28,000 *Mst 74,000 31,000 8,000 34,000 *Mat cona 5s gtd aa to Int......1938 ♦ 1st A ref 6s series A ......1946 ♦15-year g 5He 1949 ♦ lot ref 5He series B.._. 1978 {M 8t P & S S M A Cent Term cons 5a J J _ M J 57 43 163,000 117.000 738,000 .1*62 J ~ a^je wa JUT — . m^mmm ♦Cum adluat 5s aerlea .A .1*78 1 J J 1967 A O llar A refund 5a aeries A t ♦Certificates 742",666 1,499,000 33,000 293,000 2,000 361,000 304,000 7,000 544,000 1975 MS ♦1st A ref 5s series ♦Certificates of P......II 1977 M N 1978 ♦Certificates of deposit. ♦Convertible gold 5148 MN 1734 ..... 72 99 90 96 80 68 25 6634 84 X ♦Certificates of deposit. I. .... 1981 if n 30,000 101 . • _ J S A S 1991 S M S aII1960 2,000 Mohawk A Mai lat gu g 4s 31,000 Monongahela Ry 1st M 4s ser M N 6 1960 A 3~lis"Il966 O 13,000 Mont Tram 1st A ref 5a series A..1941 General A refunding 5s A 6,000 1955 Gen A ref 5s series B J D J J a f 4He ser C ----- 70 Gen A ref s f 5a ser 89 I> 1955 M N 1955 M N 1947 M N Mutual Union Tel 5a 1941 A J 1,000 National Acme 4H» extended 1946 J D 774,000 National Dairy Prod deb 3Xe w w *51 M N 163,000 Nat Distillers Products deb 434s_1945 M N National Rya of Mexico— 13,000 ♦434s Jan 1914 coupon on. ..1957 J ♦4Hs July 1914 coupon on ..1957 J ♦434 s July 1914 coupon off 1957 J ♦Assent warr A rcta No 4 on. 1957 ♦48 April 1914 coupon on ♦4s April 1914 coupon off ♦Assent warr A rets No 5 Nat RR of Mex prior lien ... J J J on. 18 24 1534 98 July 23 75 73 July 8234 July 19 80 July 30 10434 July 27 21 11034 July 6 10134 July 103 10134 Sale 60 95 4034 4036 1534 75 27" 5J "3134 83 22 29 3134 Sale 16 Sale 19 55 16 50 1954 1948 cons 5s guarl945 Sale 95 9 6 3 Sale VA Sale o For footnotes, see page 30, 65 July July 76 109 85 69 June July 6 11 July 25 Jan. 12 82 112 July 22 6 10734 June 98 Jan. 90 Anr. 96 5 Jan. 9334 Feb. 28 June Mar. 30 Jan. 3 80 Jan. 11 6 11134 Jan. 9834 Feb. 17 9734 Apr. 10534 July 9334 Mar. 74 July 103 34 July 19 29 37 June Jan. 13 4 20 Mar. July 18 1734 Mar. 1634 Apr. Jan. 31* Jan. 13 13 10 9134 WA Mar 85 Jan. 65 98 70 72 June 30 Apr. 2 July 23 Jan. 24 1334 June Apr. June 23 90 97 Mar. 91 Jan. 55 Mar. Feb. 16 Feb. 10 10434 July 27 103 34 Apr. 11034 July 6 9934 Apr. 10334 Feb. 8 534 Jan. 21 634 Feb. 18 Mar. 14 May 19 101 Jan. 10 91 July July July 10434 July 10434 July 70 16 25 7 13 103 Jan. 13 8934 Jan. 4 7934 June 60 June 2634 June 6 7 8 10434 July 19 1434 Apr. 9834 Mar. 16" 8 934 Sale 1034 434 7 Sale 66 el* 7 19 97 1934 Mar. 10434 July Apr. 77 Mar. 5134 51 Apr. 50 60 Jan. 16 July 1 3 5 65 95 7 2 July 3 1 July 234 July 20 8 July 30 734 July 16 834 July 30 334 July 5 234 July 13 65 2 July 24 I* 8 334 3 134 834 Sale 734 3 Sale 9 Sale 8 3 434 634 70 8 95 Sale I Sale 434 20 July "23 834 July 14 334 July 234 July 20 10 July 834 July 20 1034 July 434 July 25 3 July 13 7034 July 27 July 27 5/34 July 5 25 July 6434 July 21 25 4034 July 3334 July 15 1 50 23 25 25 25 77 52 60 20 1334 Apr. 4 Mar. 31 134 134 734 534 734 June June Mar. Mar. Mar. Apr. 3 234 Mar. 6034 Jan. 4 14 31 28 30 25 30 10 Mar. 15 May 7 Jan. 4 Feb. 23 834 July 14 334 July 1 334 Feb. 4 14 Feb. 16 934 June 9 1434 Feb. 18 634 Mar. 534 Jan. 2 3 7034 July 27 96 34 47 24 52 24 30 67 6834 56 6234 64 Sale 4134 Sale 3334 Sale 31 3534 1634 Sale 47 48 4034 42 31 4434 2034 22 36 July 1634 July 11 July 4234 July 4534 July 24 July Sale 1734 July 14 23 July 25 Sale 634 July 1734 July 18 July 1734 July 17 July 434 July 181-4 July 1534 July 1734 July 18 July 734 2334 2134 2234 19.34 July 7 July 25 July 26 15 June 17 2534 Feb. 25 15 Anr. 2n 23 June 25 15 June 17 2534 Feb. 26 July July J 23 July July 23 July 2234 July 20 25 25 26 25 25 15 May 23 6034 July 65 July 17 July 1234 July 1334 July 6734 July 99 July 6034 7434 2834 24 34 2634 6734 10034 4534 Sale 40 38 X Sale 23 Sale 49 2034 Sale 1934 Sale 734 Sale 2034 Sale 1834 534 1934 2034 Sale Sale 19 Sale 1934 Sale Sale Sale "434 Sale Sale 1734 1234 1234 1934 2134 1934 Sale -— 88 60 50 2134 434 Sale 21 Sale 20 85 6034 60 100 10034 7734 92 7134 60 80 24 Sale 2534 Sale M 68 Sale Sale 107 Sale 98 Sale 96 '9934 ----- 99 75 75 80 10534 July 95 July 9234 July 100 9834 July 7634 7434 July 7634 Sale 9634 Sale 5634 Sale 54 44 Sale 52 11334 11434 114 9934 ----- 60 26 29 25 22 25 1834 June 48 1 67 2834 Mar. 31 50 28 Mar. 29 25 Apr. 10 Mar. 31 1 1534 June 18 1534 June 10 4 3 Mar. 31 2 Mar. 30 63 70 22 Sale 32 Sale 101 10134 10234 Sale 10334 Sale 10534 10534 10634 Sale 8 Jan. 4 July 4234 July 23 25 4534 July 25* 24 July 25 £ , 2534 Feb. 26 23 Feb. 26 8 Jan. Feb. Feb. 634 Jan. 10 26 26 11 15 X June 18 2534 Feb. 26 1534 July 15 23 15 17 June Feb. 23 6034 Juiy 6034 7434 2834 2434 2634 50 14 June 7 1334 June 9 834 Mar. 25 9 Mar. 25 5)34 May 25 9834 June 30 99 Mar. 85 84 Apr. 26 2534 Feb. 26 Feb. 26 1434 June 17 . July July July July July 67 34 July 10734 Jan. 14 23 29 29 29 19 5 10734 July 29 98 July 25 k Apr. 96 9634 Apr. 101 Feb. 23 75 July 25 Apr. 22 73 Mar. July 26 69 July July July July 25 26 26 28 July July July 1 10334 July 12 10634 July 21 20 11 27 30 May 74 52 llA 69 Mar. 74 Mar. 24 47 June 11* 62 Jan. 3 Jan. 19 15 3434 June 3434 June 112 May 55 July 22 July July 10134 July 10434 July 101 1 65 32 2 11 101 May 27 5534 Jan. 114 July 9934 Sale 3434 Jan. Mar. 31 7234 Apr. 58 July 1 44 59 56 July 1 42 Sale 55 July 5 11434 11334 July 21 114 55 1 14 23 29 29 29 19 26 10734 July 98 July 96 July 9934 July 75 July Sale July July July July July July July "75"" "7634 5234 44 —- 6634 9934 101 79 - 6534 7134 2234 24 9734 10034 9934 Sale 55 .! 84 Sale 4934 Sale 11334 11434 85 * 29 Sale 79 8234 7534 Sale Sale ..... 70 10534 9534 9334 9834 Sale ..... 23 "9834 199 Sale Sale Sale Sale 10224 2134 1934 Sale 1734 Sale Sale 1634 17 "96" 105 Sale 20 20 78 107 634 2134 20 75 ..... 21 _ 20 50 June 1 68 18 Mar. 31 32 Jan. 5 July July 4 10334 July Mar. 30 10634 July 20 11 27 30 9634 Feb. 9234 Apr. 100 28 15 101 1 1 1 Sale 134 M N J D 74 8 Jan. 105 102 73 "3" 134 1977 {♦Naugatuck RR lat g 4a.. 9834 June 83* Apr. Apr.. 94 96 8734 July 70 85 July 1534 July 1434 1534 103 10434 Sale July 10334 10434 10134 July Sale A O 1977 A O Newark Consoi Gas 5s 7,000 {♦New England RR ♦Cons guar 4s 35,000 9 4 May 1334 June 134 34 134 134 July 8 134 July * 1 ----- 234 Feb. 28 234 Feb. 23 '"34 Mar.' 2 134 134 134 Sale 134 July 12 134 July 29 34 34 -L 1 134 1 134 July 29 134 July 27 Sale 10734 Sale 10734 July 29 10834 July 13 -—- 134 134 134 Mar. 234 Feb. "234~Feb~.~28 ,34 434a— "i",66o June 7 106 68 90* Sale 17,000 " Sale Prices June 23 10734 Mar. 24 99 134 ♦♦Assent warr A rets No 4 on..1926 J J ♦4s April 1914 coupon on .....1951 A O ♦4s April 1914 coupon off 1951 A O ♦Assent warr A rcta No 4 on. 1951 10,000 170,000 Nat Steel 1st coll mtge s f 4s 1965 J D Sale Prices 102 8934 _.1977 ... 23 93i 53l 60 8834 K* 70 U N 20,000 Nashville Chat A St L 1st 4s A..1978 F 82,000 Nassau Xlec guar gold 4s stpd...1951 J July 94 60 104 Sale 70 61" A O 200n J 26 " 30 29 8 "2634 91 O 1955 A O D_ 85 Sale 94 8734 1955 A 162,000 Morris A Essex lat gu 3He Constr M 5s aer A 94,000 Constr M 4 He ser B 52,000 11,000 Mutual Fuel Gas 1st gu 5s... 634 934 2634 102 .....1955 A O Gen A ref 10834 2 ..1965 A O .... 26 Highest 10134 Apr. 70 98 102 34 10034 102 34 10034 July 534 204 Monongahela West Penn Pub Serv— 118,000 7634 10934 Sale 10234 19 12,000 ♦♦Mo Pac 3d 7s ext at 4% .July 1938 J 10,000 {♦Mobile A Ohio gen gold 4a *v38 M ♦Montgomery Dlv 1st g 5s ; 195,000 1947 F 1,111,000 ♦Refunding A Improv't 4He ..1977 M ♦Sec 5% notes 1,027,000 ...1938 M July 51 July 3134 July 3234 July 3034 July 19 July 79 108 Sale 101 10034 76 July July 10234 July 108 103 9734 7134 62 6234 80 10234 104 10434 Sale 98 13% 10534 July 19 10334 July 29 20 85 18 i 1st mtge 4 He 6s debentures 66,000 311,000 Montana Power 1st A ref 75 33 "81"" 76X Sale 5X July 10534 103 Sale 10134 July 74 77 July 43 48 52 34 July 26 29 2634 July 2334 July 3234 Sale 2134 July 3034 Sale 18 20 1434 July 103 73 81 "99"" 18 1949 MO 1986 A A ♦1st ref gold 5a aeries H ser Sale 18 deposit ♦1st A ref g 5s ser G... •1st A ref 5s Sale 18 of deposit.... ♦General 4s 2634 24 {♦Missouri Pacific RR Co¬ 160,000 Sale 2134 25 Sale 85 70 t- 1965 F Jan 7534 2634 J at Chic Term s f 4s 1941 M N 23,000 {♦Missouri-Illinois RR 5s ser A...1959 •* J Mo Kan A Te* 1st g 4s 113,000 ^_._...1990 J I' Miasour-Kansas-Tsxas RR— 194,000 Sale 55 12$i 9934 July 5 10034 July 26 98 8834 July 1 July 25 8334 July 1 9134 July f" 74 July 5 8634 July 28 75 85 July 1 July 25 96 98 July 5 July 23 76 78 July 1 July 11 al0834 Julyl2 a 108 34 July 12 69 71 July 18 July 7 10034 July 6 10334 July 21 22 July 20 22 July 20 10234 10334 105 73 J J J J ...1938 J 72 7534 10134 10234 103 25 2234 9934 Sale 9134 ......1940 J J 1951 M S 1952 M N 1979 J J 99 ----- 89 22 X Sale 96 98 23 X 87 100 Sale ----- 11134 99 99 9734 9334 81 10834 11134 109 84 34 rnmmmm Sale 97 9934 76 Sale ... 33,000 Metropolitan Edison 4 Mi* ser D..1968 M S 19,000 Met Water, Sewer A: Drain 534*..1950 A O •{♦Mat West Side Elev (Chic) 4s. 1938 " A Sale 95 A McGrory Stores Corp a f deb 5s..1951 M N 75 8034 " 27,000 4,000 95 96 • 10034 9634 9134 8334 8334 10034 Sale 8834 Sale 8334 Sale Sale 8734 7734 10734 Mob * Montg 1st g 4 He South Ry Joint Monon 4s 4,000 Lowest 102 Paducah Ac Mem Dlv 4s.... St Louis Dlv 2d gold 3s 2,000 Hxghesi Sale Prices Sale Prices Ask'Bid Ask 10534 July 14 106 July 22 10534 Sale 10534 106 105 106 10334 July 2 10534 July 29 105 Ask 1946 J 1 RANGE SINCE JAN. Lowest July 30 July 1 10334 Sale 10634 10934 Loulavllle & Nashville RR— - 402,000 1938 S 1966 M S .... PRICES IN JULY Price Jan. 3 IS EXCHANGL 1X July 134 Mar. Feb. 28 Feb. 15 — 234 107 Sale 117 11934 80 J J 20 52 1945 J J 2534 33 134 10734 30 11934 2734 27 65 3034 2734 55 12034 2534 27 1 103 July Mar. 65 11934 July 3034 2834 July 2734 2534 July 20 11934 July 30 22 July 12 2934 July 20 2 7 11634 Feb. 2434 Apr. 2434 Mar. 234 Feb. 28 10834 July 13 120 May 18 3234|May 12 31 tMay 11 Sales in ss Price Sr BONDS July Value n«w 19,000 l>t g 4 %s aerlaa b .......1961 m n n j Junction rr go 1st 4a...—1986 f A n j Pow a Light 1st 4%s 1960 "84,665 91,000 New Orleans Great Nor 5a 60,000 169,000 271,000 54,000 42,000 101.000 24,000 11,000 38,000 80,000 16,000 2,000 ' ' < 1953 j d Sale 121 123)4 Sale 122 % Sale 95 Ask 65 Sale 63 42 65 series a.1952 1952 1st a ref 5s series b...........1955 New Orleans Term 1st 4s guar... 1953 {•♦n o Tex a Msx Income 5s 1935 45 52 97 Sale Sale 100 Sale 96% Sale Sale 100 Sale —...—1954 76 51 f a f a 30 ♦Certificates of deposit.... g.....1956 1956 •1st mtge gold 5s series •1st 4Hs series d •First 5%s series a Consol 4s series a 1945 10-year 3%■ secured s f a o 91)4 64)4 71 83 93% j 94 % 59,000 4s collateral trust 1st lien a ref 54 58 66 70 Sale 82)4 84 7634 83)4 61)4 Sale 6734 71)4 67)4 80 48)4 Sale 41 62 Sale Sale 43H Sale 36 July 77 Sale Sale Sale 52 Sale Sale 1946 o a a 1951 a 1938 o 1947 90 104 o Sale 49)4 .1965 o 103 o 103 Sale .1948 j d 123 Sale Sale .1966 .... 72 Sale 107)4 10834 10934 48)4 Sale 46 47)4 Sale 54 July 69 72 102 105 5534 4934 10534 106 5 Jan, 31 76 14 30 10 2634 May July 23 July 22 July 22 37 July 25 35 July 22 40 July 25 35% Feb. 21 48% June 20 82 Jan. 3 June 17 38% June 16 47 23 22 24 22 23 22 Mar. June Mar. June Mar. 35 38 36 31 Apr. 1 Mar. 30 ! 8 5 11 51 June 17 Jan. Jan. 11 10 67 June 17 June 21 June 17 June 17 94% 98% 65% 82% Jan. Jan. Jan. Jan. 13 30 July 56)4 July 48)4 July 63)4 July 25 July July 26 55)4 100)4 5034 105)4 106)4 14 86% Apr. 1 100% July 28 July 14 84% Mar. 31 100 84 67 105 31 2T 73 July 72 50 91% Jan. 65% Jan. 70 102 Apr. 21 Mar. 11 16 61)4 July 63 July July Sale 62 July July 77)4 65 Sale 98 July 102 July Sale 53 July 100)4 July Sale 4834 July 105 Sale July 105)4 July Jan. Jan. 7 110% Apr. 20 111% Jan. 38 34 21 15 25 25 22 July 7634 July 64)4 July July 1953 34* series e 84 77)4 July 72 July Sale a Jan. 19 28 July 25 78)4 July 28 64)4 July 25 70 July 25 72)4 July 25 July July July July Sale 1953 12,000 1st gtd 5s series b ........ 38,000 n y Dock 1st gold 4s ♦♦Serial 5s g notes.. 2,000 Convertible 5% notes..... 26,000 83,000 72 Sale 78 74 1974 a 4 108 104)4 Apr. 71 61)4 July a a 1947 ..... 1st mtge 3%s extended to 19,000 315.000 n y Connecting 1st gu 44s a 160,000 n y Edison 34s series d Sale 66 69)4 1938 a o —. Octl - 32 1978 m s Refunding 54* series a Refunding 44s series c 3-year 6s 34 o .. o New York Chicago a St Louis— 484,000 33 25 313 29j 62)4 Sale 7834 Sale 70 71% 5434 Sale 61)4 Sale 5934 65 July 22" July 29- 27 26 23 26 14 26 23 22 22 25 22 25 July 62)4 July 48 % July 100)4 July 100 July 71 July 35 July 38 July 36 July 37 July ©35 July 40 July 35 July 11034 July July July July July July July July 9534 9634 64)4 Sale 8134 85)4 75 85)4 ...... Ref a Impt. 44* series a.......2013 a .1998 f Lake Shore coll g 34s.... 1998 f Mich Coot coil g 34s. 2,030,000 30~ 3534 "39"" 34)4 38)4 29 30 68 Sale Highest 1 126 8 124 July 22 122% June July 29 120X Jan. 108 July July 97)4 July 97)4 July 60)4 July Sale Sale j 3534 3934 3634 41 Sale Sale .1942 j ... Debenture 4s of 1912 71 69)4 29)4 36 55 Sale Sale Sale Sale Prices 1 126 1 124 11034 ill" 11034 July 111 Sale Sale 82 .1997 j n y c a h r g mtge 34s 33 j"j 110% Ref a Impt 4%s series a..... .2913 a o .2413 a o ref a Impt 5s series c .1952 MN Conr secured 3%s ......... 479,000 23,000 823,000 60,000 10,000 Sale 45 .1946 a ... 31)4 Sale .1998 f ..... Sale 50 Sale 49 33 Npt a Cln b pen gu g l^s New York Central rr— Sale 42 74 1954 a o .. •Certificates of deposit.... 29 36 54 34 33 34 Sale Prices 95 New Orleans p s 1st a ref 5s a •First 5s series b Lowest 1 107)4 107)4 107 54 106)4 July W Highest Highest Sale Prices Lowest 125 % 125)4 123)4 July 12334 124 122)4 July n o a n'eastern ref 4%s 677,000 J July 30 Ask Bid Bid 95 107"" 57 a.. 1983 ser 122% 123)4 July 1 44 431,000 150,000 764,000 900,000 617,000 > Ask Bid 36,000 V PRICES IN JULY • 1938 $ England tat 30-yr Ss a JAN. 1 RANGE SINCE Jan. 3 stock exchange n. 7. 27 exchange—bonds n. y. stock aug., 1988] 25 20 26 July 26 July 29 July 30 July 14 7 July 1 July July 29 62 42 64 38 53 June 13 11 17 84 Jan. 11 June 74 Jan. 3 June 62 Jan. Mar. 77 Jan. Apr. 90 Jan. 3 3 3 6 58% June 23 18* llH June 98 June 108 Jan. 7 102) July 109% Jan. 4 39 Mar. 55% June ,6 100% July 14 7 50% July 106 May 4 106% July 29 44 Feb. 46 95% Jan. June 101 Apr. 101% Apr. n y a Erie—See Erie rr. ■ 26,000 53,000 n y Gas el Lt Ht a Pow 5s Purchase money coll tr g 4a.. .1949 A 7,000 ♦n y a Greenwood Lake 5s 2,000 n y a Harlem g 34s 7,000 n y Lack a Western 4a ser a .1946 MN Guar 44s series b .1973 N N .... % f ♦n y l b a w •Dock a .2090 M N 123)4 113)4 114)4 ... ! .. 85 93)4 ..... Coal a rr 54s.- .1942 M N j .1943 j .... 18 16 84 10234 .1973 M N 123% 124 11534 98)4 100 45)4 60)4 52 75 n y a Long Branch gen 4s. ... . .1941 t»nyan Eng (Bost Term) 4s.. .1939 M S a 100 July 51 50 July 11534 July 6 2 1734 July July July 25 6 28 6 100 75 75 95 95 28 61 60 •Non-conv debenture 4s..... .1947 U S •Non-conv debenture 34s... .1947 a o 1134 11 * •Non-conv debenture 34s... .1954 a .1955 j •Non-conv debenture 4s 41,000 14 10 20 14 16)4 16)4 15% 1234 12)4 15)4 17)4 13 15 19)4 ♦Non-conv debenture 4s •Convertible debenture 34a. .1956 j .1948 j 48,000 330.000 37,000 o % 14 k j 14 .1956 M N j 11 j 17)4 2434 Sale 13 \VA • ♦Collateral trust 6s.. .1940 a 27 •Debenture 4s .1957 M N 6 .1967 j d ♦let a ref 44s ser of 1927 10,000 {♦Harlem r a Pt Ches *st 4s. .1954 m n .1992 m s 84,000 {♦n y Ont a West 1st g 4s .1955 j d •General 4s. 23,000 17 Sale 19 34 51)4 9)4 5)4 Sale 36,000 o 345.0001 ... .1942 a {♦n y Prov a Boston gen 4s "5", 660 57,000 .1951 u h 92)4 Sale 90 96) 106 .1951 M N 106 .1956 MN 105)4 Sale 69,000 {♦♦n y Susq a West 1st raf g 5s-1937 ♦♦Second gold 4%a 1937 f a "7",660 •General gold 5s 1940 f a •Terminal 1st gold 5s.———1943 M N 2,000 158,000 n y tsl 1st a gem f 4Us 1939 mn Ref mtge 3%s series b 45,000 1967 j j 3,000 n y Trap Rock 1st s f g 6s 1946 j d 6s stamped 36,000 —--—1946 69,000 {♦♦n y Westcbes a Bos 1st 4%s-1946 j~"j 16 107 M ♦{•Norfolk a South 1st g 5s....1941 1996 1961 79 69 North American Co deb 5s 28,000 North Am Edison deb 5s ser a—1957 Deb 5 >4* ®er b Aug 15 1963 114,000 Deb 5s series c Nov 15 1969 145,000 1,000 North Cent gen a ref 5s ser a... 1974 Gen a ref 414s series a 1974 3.000 {♦Northern Ohio Ry 1st guar 5s. Apr 1 1935 and sub coupons—1945 ♦Oct 1938 and sub coupons...1945 ♦Certificates of dep stamped Sale Sale A 11)4 Sale Sale O a Sale M S 103 f a 103)4 Sale mn M 8 M 8 a o Sale 100 Sale 119)4 125 115)4 119 Gen lien ry a Id gr 3s 1997 Jan 2047 2047 2047 a Ref a Impt 4%s Series Ref a Impt 6s Series b 869,000 Ref a Impt 5s Series 35,000 85,000 — c Ref a Impt 5s Series d ^Northern ry of Calif guar 5s. Northern States Power 3)4® 225,660 « ■' * •' 2047 2047 l°h 1967 extended ..1944 n'western Teleg 4>48 ' . • • /' "V • , • ' - 40", 606 Oregon rr a Nav con g 4s 1946 40,000 Oregon Short Line 1st con g 5s.. 1946 1st guar cons 5s stamped 1946 71.000 496.000 Ore-Wash RRANav IstAref 4s—1961 1962 331,000 Otis Steel 1st mtge 4)4® a 15,000 Pacific Coast Co 1st g 5s........ 1946 1964 202,000 Pacific Gas a k14s ser g 1st a ref mtge 3l(s ser h—.1961 239,000 1st a ref mtge 3)4* ®er i.......1966 283,000 f j j 73 77 j 87)4 Sale 22 40 50 75 Sale 50)4 5534 Sale 97 ; 0 Sale 57)4 Sale 80 58 a j 67 98 j a f 93 Jan. 3 26 5 22 12 28 5 July July July July July 28 July 11% July 1934 Jan. 17% Jan. 13 11 Jan Jan. 17 12 June■ t 19 14 6 14 20 19 14 11 June 2f 21 18 11 June 26 ii* 11 June 23 13 June 20% Jan. 18% Jan. 23% Jan. 8 13 12 11 14 12 7 18 . 8 10 7 7 21 July 7 61 July 25 10 h July 25 8 July 29 35 Jan. Mar. 31 12 Jan Apr. 27 51 June 23 5% Mar. 31 4 Mar. 30 23 Jan 79 Feb. 58 18 7 June 2f 58 19% June 2f 5 13 11% June 23 8 Feb. j July 10834 July 25 1 106 104)4 July 28 92 Mar. 29 104% July 28 ? 70 Apr. 9 Feb. 94% Jan. 8 106% Jan. 4 104 1 103 8 103 Apr. Apr. 21 9 106% June 10 5 106% June 30 83 98 83 July 106)4 10634 July 106 105)4 July 106 10534 July 11 i* 9 July July 10634 July 106)1 July 106)4 JtUy 12 July 8 11 July July July July July July July July July July July July July July July July 21 Sale 83 56 J4 60 73)4 65)4 65 % 100 7 Jan. 28 109 Mar. 30 16 Feb. 11 11% 8% 5% Mar. 30 52 " 40% Jan. 31 104% July 30 107 10 734 July 45 105% 75 5% 108% 108 93% z99% 15% M 15 45 117% 106 104 107 July July 104 July 110 July July 107 Jan., Jan. Jan. j 11 10 ^ 13 12 6)4 11 5)4 6 Apr. 25 Jan. 7 8 108% June 24 Apr. 62 Mar. 24 64% July 25 60 Mar. 31 75 July 27 3% Mar. 29 6% Jan. IT 104% Jan. 28 109% June 22 104% 107% May 18 108% 82 Mar. 30 95% 86% Mar. 19 99% 1 16% 8% Apr. 9 Mar. 31 15% 43% July 25 53 111 Mar. 30 119% 97 9 7 28 22 16 Apr. 1 106 Mar. 31 Jan.* 25 July 26 Feb. 23 17 Feb. Jan. 3 28 Jan. 5 Jan. 24 107 July 7 1 104 July 28 96% Apr. July 22 110 July 22 110 107 July 16 116% Jan. 28 99% Apr. 18 104 28 J Sale Sale June 29 23 May June 29 28 65 67 67 July July July July July July 26 67 41 June 25 40 June 1 103% July 22 May 11 7 93% Jan June 21 83% 59% 65% 75% 66% 6834 74)4 July 50 July 56 )4 July 66)4 July 57)4 July 5734 July Jan. 13 June 80 Jan. 102 Feb. 11 10 14 8 102 103% July 22 Jan. 10 Jan. Jan. 18 3 Mar. 15 25 53% June 21 46 June 45 25 79 June Jan. 100 5)4 4)4 6 5)4 7)4 July 434 July 21 23 7% July 6% July 102)4 Sale 103 34 m s 10134 Sale 101 j j j d 104 j d 96)| Sale 101)4 Sale 99)4 101)4 Sale Sale Sale 100%, Sale f a 11134 Sale 11334 U4 1 103 % 102)4 103)4 10134 July 1 99 Sale 97 July 99 10334 July 28 104% 103)4 104 1 102 101)4 101 % 100)4 July 6 113% 11334 July 11334 Sale 111)4 113 109)4 Sale 116 117)4 11734 105)4 Sale 66 73)4 110 mn j d — 58 109)4 Sale 105)4 Sale 101)4 Sale 107 107 -- Sale 102"" July" "i 103% July HO % 115 108 107 106 """July""7 107% July 112 113 Sale 115 115)4 113 99 Sale 100)4 78)4 Sale 99 Sale 75 50 75)4 Sale 52 July July July July July 114 Sale 112 Sale 109)4 Sale 107 Sale 103)4 Sale 12 Jan. 88% Jan. 76 100% May 102 )4 July 10834 108)4 102)4 Sale 97 13 Jan. July 101 23 102 mn 3 19 12 70 10154 102)4 Sale 10334 Sale 102)4 j m s 18 July 25 May 10 49 104)4 101)4 July 35 Sale Sale 92)4 6234 j Jan. Mar, ■' 2,000 {♦Ogden a Lake Ch 1st guar g 4*1946 ♦4s stamped..................1948 152,000 Ohio Connecting Ry 1st 4s...... 1943 —1965 358",660 Ohio Edison 1st mtge 4s 1st mtge 4s...................1967 183,000 1st mtge 3%s 1972 175,000 29,000 Oklahoma Gas a Elec 3%s———1966 4s debentures................1946 113,000 28,000 Ontario Power n f lit 5s—.....1943 Ontario Transmission 1st 5s 1945 For footnotes, see page 30. j q j Jan. 80 Apr. 28 1134 June 29 July 50 70 22 70 q j 19 102)4 102 % 103)4 102)4 July 105J4 104)4 July 105)4 107 101)4 Sale 101)4 July 10334 Sale 110 110 110 112 July 107 110 July 110 107 70 j July July July July July 24 July 934 July 16 34 July 54 July 8 % July 5)4 July 13)4 1534 16% 12 % 16)4 102 35 70 April '33 to Oct '34 coupons. 1945 Northern Pacific prior lien «s 955,000 247,000 74,000 16 16 July 108)4 108)4 107)4 July ii* 70 M N A 7 14 41 July 4334 104)4 July 104)4 Sale 107 )4 July 107)4 107)4 80 63 65 July 68 July 72)4 66 4 4 34 4)4 July 108 108)4 107)4 Jply 107)4 July 108)4 qq Sale Sale 91)4 July Sale 97)4 July 100)4 Sale 10)4 July 1134 10)4 July 11)4 43 % July 52 47)4 Sale Sale 117 114% July Sale July 105)4 105)4 104 Sale S f July 15 10)4 Sale Norfolk a West Rv 1st con g 4s Sale 9)4 104)4 10534 o f 614 a 1950 •{•Norfolk South 1st a rei 5s a.1961 f •Certificates of deposit ... Mar. 12 Apr. 18 58 59 51 "7)4 Sale Niagara Falls Power 3%s—......1966 Nlag Lock a Ont Pow 1st 5s a—1955 a o Niagara Share (Mo) deb 5)4*——1950 M N Nord Rys extl a 64 60)4 10)4 Sale 8 634 102)4 100 83 80)4 81)4 10634 Sale 10634 10634 Sale 105)4 106 10634 .10534 Sale a Sale 100 16)4 1034 4734 "7 H 43)4 106)4 10834 Sale ....... 58,000 4,000 56,000 62,000 182,000 93,000 6,000 64,000 295,000 58 69 Sale .1947 M N j May 23 22 Apr. 22 103 75 . j 8 o .1993 a o n y a Putnam 1st con guar 4s n y a Queens El Lt a Pr 3%s._ .1965 m n New York Railways Corp— j {Prior lien 6s stamped....... .1958 j 32,000 1,000 ny a Rich Gas 1st 6s a 48,000 New York Steam 1st 6s ssr a— 37,000 1st mortgage 5s.............. 1st mortgage 5s__............ 26,000 61 60 75 13 17)4 12 1834 2434 9)4 •Convertible debenture 6s 16 95 85~" Apr". "8 "96 % Mar. {♦n y New Haven a Hartford— 15,000 39,000 64,000 9 2 July 121% May 31 125 112% Apr. 16 115% July 45 70 95 60 July 70 75 95 "99"" 106)4 o July 60 20 45 100 Impt 1st 5s 16 9934 100 17 54 9 125 123)4 123)4 123 % July 114)4 115 11434 July 52 34 57 Sale July July July July July 10934 July 11034 10734 107)4 106)4 July Sale 103 July 104 6 114 1 115 1 100% 6 78% 27 57 13 110% 107% 104 July July July July July July July July 21 8 V 7% July 4% July 108% Jan. 1 98 Apr. 25 98 Apr. 22 91% Apr. 7 98% Jan. 22 96% Apr. 8 111% Apr. 110 May 28 103" Apr. 14 109 Apr. 110% Apr. 90% June 13 21 12 23 3 108% ,2 104% 2 103% July 25 5 99 July 22 June 11 31 181* \W* Mar. 15 Feb. 23 110 Jan. 10 16 116% Jan. 17 10 13 11 12 22 iv 59 Apr. 4 45 Jan. 26 106% Apr. 102% Apr. 98% Apr. July Jan. m Jan. it* July July 22 25 19 11 111% June 11 9 4 107% June 2 104 July 19 28 N. Y. STOCK iSales in BONDS N. Y. STOCK EXCHANGE 1938 Bid f debenture 6s 3%• 1§§'RRR 38,000 conv RRExt Parmelee Trans Ask Bid Ask 70 Sale 70 92 % 40 66 85 Sale O 103 % 104% 104 % Sale 106 65 Sale D J 99 A J ...1947 M S 109 — 69 % 63 91% Sale 71% 73% 94 H M 8 —1944 A O Sale 8 118% 79% • ' 'Ha 1968 deb 6s conv Ask 103 S —.......1955 J debenture Bid 88 82 Paterson ft Passaic GAB 5s Il94« M ♦Paullsta Ry 1st A ref 7s ser A...1942 M S 105% 95 102% Sale 102% 100 103 Sale 103 98% July 103% 102% July 63% 61% Sale 63 Sale 95% 96% 82% Sale 92 93% 79 Sale 51^ 119 90H Sale 119% 122 27% 55 47 59% Highest Sale Prices 70 July July 60 105% July 105% Sale 105% 105% 105% July 93% 45 Lowest July 30 July 1 J A Paramount Broadway Corp— 7,000 1st mtge s f ft 3s loan ctfs. .....1955 P Paramount Pictures Inc— s RANGE SINCE JAN. 1 Jan. 3 ♦♦Pacific RR of Mo 1st oxt 4s 1*38 F **2d extended Hold 5s. .....1958 J Pacific Tel & Tel 3%sser B 1966 A Ref mtge 3%s series C 1966 J Paducah ft Illinois 1st s f 4%§__1955 J Panhandle Eastern Pipe L 4s A.. 1953 M 132,000 268,000 PRICES IN JULY Price July Value 1,000 7,000 43,000 145,000 5,000 26,000 EXCHANGE-BONDS 61 July 91% July 79 88 July July 43% July Lowest Sale Prices Sale Prices Sale Prices 70 69 June 24 66 60 June 24 July 1 July 30 July 1 30, 106 2 19 106% July 26 99 ~ July 26 1 103% July 21 - 13 63 July 1 100 1 83% 5 92% 16 50 19 July 19 July 20 July 29 July 29 ----- 75 60 Highest Jan. Jan 82 70 6 19 June 21 102% Apr. 2 106 102% Jan. 106% July 2 103 Apr. 14 98% July : 98 Apr. 103% July 21 56% Mar. 31 63 81 57 Mar. 31 July 19 Mar. 31 100 July 19 83% July 20 92% Feb. 1 50 July 29 120 Apr. 29 78% Apr. 1 31% Mar. 31 118% Jan. 21 Jan. 26 97% May 102% Jan. 7 103% Jan. June 103% Jan. 28 13 21 Feo. 15 Mar. 25 60 70 Pennsylvania Co— 1,000 Guar 3 %a coll tr ctfs ser B....1941 F A Guar ft 3Hs tr ctfs Series C.__ 1942 J D Guar ft 3%« tr ctfs Berles D...1944 J D •,t°-year «uar 19o,000 28-year 4s UN tr ctt» «■ Ser E..1952 ........1963 F A 45.000 Penn Dixie Cement 1st 6s A_IIIIl941 M S 1,000 Penn Glass Sand 1st mtge 4%sIIl960 J D Penn Ohio A Detroit RR- 83,000 1st A ref gold 4%a series A—1977 A 0 *%■ series B J 1981 J - 102% 103% 103 104 100% 103 99% 99 100 102% 103 92% 100 Sale 89 96 Sale 80 Sale 103 88% 105% 103% 104% 85% 100% Sale 109% 110% 98% 104% 108% 108% Sale .... 90 103 100% July 99% 103% 101 20 100% July 20 97 90 91 93% 96 93% 94% 88% 92% Sale 88% 105% 105% 94% 96 89 July July July 91% July 13 95% July 25 94 July 21 105% July 27 July July 6 95 July 29 8 103% Jan. 104 88% Apr. Apr. 83 77 100% Jan. 13 94 July 21 105% July 27 Jan. 100% Apr. 83 June 22 104% Jan. 6 ...... 976,000 Penn Pow A Lt 1st M 4%a 7.000 Penn RR consol Bold 4s 71,000 , 1981 A O ....1943 UN Consol Bold 4s 11-RRQ ~ 165,000 1948 M N Stamped dollar Gen mtBe 1948 HN bonds 3%a series C 1.000 Consol 4%a Issue of 1915 1960 General 4%a Series A ......1965 General 5s Series B 1968 Debenture Bold 4Ha " 1970 General 4%a series D_—.1—1981 119.000 Gen mtBe 4%a series E 1984 325,000 Conv deb 3%a 1952 12,000 Peoples Gas A Coke 1st 4s 1943 F n Refunding A A M S 117,000 1st B 4 Us ^§'RRR £helps I A IIIIIIIIIIl980 M 1952 J conv 3Hi deb * -1943 General 4 %a aerlea D—_ }97,000 Phlla Company 2g,000 Plllaburv Flour Mills 34,000 ^Philippine Ry 1st Pirelli Co (Italy) }R'RRR p £c ^ Con 10,000 1,000 J 1943 4 O A O MN 1949 F Con 4s series H guar B Con 4%a ,_6,000 series I Con 4Hs series J 1960 F g——II—II—1963 102% 109% 110% 114 123% 10% 108% 11 100% 73"" 80 F 110 106 105 ♦*n Ra«J'<> Keith Orph 105% Sale 106% Sale 106 106 nfn*?f.,aeo * Saratoga 1st gu 6s.1941 A R?PI!?r * Utaaa 1st 27,000 ♦Rhelnelbe Union afg 7a 3,000 ♦Rhine-Ruhr Wat Serv 6a D J 50 103 i * 45 J J J 5% 84 10 Sale 75 O 74% Sale 93% Sale J 92% 106 S 90 78 106 1956 MN 4Ha..l956 J J 1946 J J 1953 J J A ..... ... D J O S 8 .1934 M 8 .1948 A O stpdIII].1949 J J g 4%a—.1941 J .1941 J J J 57,000 Safeway Stores s f deb 4s...... .1947 J D 79,000 Saguenay Pow Ltd 1st M Y%a~" .1966 A O 21,000 St Jos A Grand Island 1st J g 4s I .1947 J St Lawr A Adirondack 1st g 2d gold 6s— * see page 5a" 30. 1S8S 82 June June 89% June 67 75 Jan. 101% Jan. 101% Jan. 89 Jan. Mar. June 84% June 65% Mar. 113% Apr. 107 Apr. 40 Apr. 4 100 117 Mar H2% Jan. 60 Jan. 8% Jan. 107 Jan. 80% Jan. Mar. Apr. 53% June 49% June 50 Apr. 99% Apr. 105% June 104 Apr. 21115 97% Apr. 12 110% Jan. Jan. 2o;iloM 3. 11 Jan. 104% July 10 , 3 3 11 10 5 17 8 14 18 4 5 < 3 Feb. 5 Feb. Jan. 95% Jan. 21 5 3 109% June 11 20 Jan. 19 6% Feb. 21 June Mar. Jan. 6 3 19 3 12 3 July 25 Jan. 8 109 Mar. 78% Mar. 10 27 Jan. Feb. Jan. 120% Jan. 106 Jan. m K Jan. 109% June 105 93 July 30 105% July 23 106% July 30 105% July 12 July .100 105 52 45 104 104 July July 107% July 109% July 100 July 99 July 91% July 111 July 12 16 31 Feb. 12 109% Apr. 52 77% May 31 17 July 102% July 102% July 94 July 19 8* 107% 107% 41 106 July July July July 52 July July 52 July 107% July 45 101% Apr. 19 108 % Jan. May 3 110% Jan. 6 5 9 Apr. 103% June 105% Mar. 104 July 100 90 22 23 10 12 109 102 108 May Apr. 32 104% May 26 105% Mar 10 104 July 12 Feb. Feb. 110% June 112% Jan. 112% Jan. 104% Jan. Jan. 40 Mar 117 June 38 106 109 109 June 30 109 71% June 25 20 25 29 July 30 103 106 41 45 93 105 107% Juiy 107 Apr. 94% June 110 ' 50 Sale July July 103 59% Sale 59% Sale 59% July 102% 102% ME* 101% July 48 49 45% July 14 Sale 16% Sale 13% July 107% Sale 105% 106 105% July 82 85 78 84 84% July 5 4% 7 5 July 33 42 33 50 42 July 91% 92% 96% 97% 91% July 44% 64 July 22 102% July 9 48% July 13 1 18% July 2 107% July 85 July 7 July 42 July 98 July 25 92 .1996 J J .1996 A O 67 Sale 74 61 Sale Sale Sale Sale 79% Sale 69% 68% 86 102 99% Sale Sale 57% 69% 68 67 57 July July 79 July 62% July 80 July 70% July 103% July 68 July 99% July 19 25 25 20 21 118% July 93% July 110 July 94% July 99% July 36% July 21% July 67% July 5 20 110 112% 68,000 In*lLOC£I" A'k * Lou'* Iat4Ha 2,000 ♦Ruhr Chemical 6s 2,000 {♦Rutland-Canadian 4s cons 95% J O l. 81 D A 1955 102% July Jan. 52 55% 55% 109% 115% Mar. July Apr. 16 4 16 6 14 4 Feb. 10 July 25 Jan. 21 Jan. 21 Jan. 17 Feb. 28 43 Mar. 101 May May 40 64 July 22 104% Jan. 8 55 9% Mar. 103% Jan. 74% Apr. 85 4% Apr. 32 Mar. 8 18% July 19 May 13 108 8 June 42 82% Apr. 98 June 30 Jan. 10 July 13 July 28 D MN Grande June 1st guar 5s .1939 Rio Grande Western 1st g 4s...1939 Mat con A coll trust 4s series a!.1949 Rochester Gas A EI 4H* ser D....1977 M Gen mtge 5s series E .1962 M footnotes, Sale 104% 51% 12% Sale 104% Sale 76 1954 MN { ♦4%a stamped 100% Sale Sale 100% 101 91% 93% Sale 98% 98% A..1950 A ........... {♦Rutland R R lat 42% J ... f 7s 36 113 Sale 41% Sale 109% 110% 74 Feb. Apr. Apr. Apr. D 3,000 *R^?**Weat ®,ec Power 7a..-,.. 1950 MN ♦Direct mortgage 7,000 gold 6a 1952 MN ♦Cons mtge 6s 10,000 —II" 1953 F A 13,000 with warrantsl! 1955 A O 118,000 Richfield Oil 4s conv deb .1952 M S 3,000 Richmond Term Ry 1st guar 5a_..1952 J J s 104% Jul j 104 111 105 1961 F ser Gen mtge 4Ha series B Purch money 1st 5 Ha conv Gen mtge 4Ha series C._ ♦Rlma Steel 13 105% July 102% 104% 102 101 99% 99% 107% 110% 113 A 92% 103% 103% 103% 99 pt pd ctfs Republic Steel Corp 4Hs For Sale 106 102 M S com stk (65% pd) J 221,000 O •♦j^henture gold 6s 1941 * 47,000 Read Co Jersey Cen coll g 4s 1951 546,000 J *•/4%s series B 1997 Gen A ref «%• series A 7,000 1997 307,000 Remington Rand deb 4%a w wlll956 M 276,000 487,000 199,000 96,000 104% July 95% July 109 July 15% July 5% July 18 July 108 July 105% , for deb 6s A July 103 1962 F A J D 260,000 «n1«£?n#raI R,octrlc 4Ha.. 1965 1st 58 1935 5,000 extended to 1950 4,000 KK .A» Tobac — 6-.IIi942 2,902,000 ^♦Posta|IElec A Cable coll 5s. .1953 Teleg 111,000 Potomac Power 1st M 3Ha—1966 9,000 ffS*** Steel Car deb 5s 1951 17,000 1,000 79,000 ,e" M>ro STg 5S 58 July Sale 105% 1119 74 J 55% July 75 66 102 1960 A O D...—...IIII1977 62 Sale 103 99 90 I July 46% July 5% July Sale A 100 A111948 115% July 103% 100% July 71 64 D D 1st gen 5s series B 1st gen 5s series C.. lat 4 aeries Sale 102% July 27 105% July 23 110% July 23 110 July 22 90 July 21 116 July 25 97% July 29 104 8 July 1 86 July 94% July 29 94% July 30 82% July 29 116% July 20 111% July 29>] 50 July 27 7% July 25 101% July 13 71 July 29 July 25 July 25 July 25 July 26 7 July — 1970 J .. Sale July July July July 85 July 113% July 94 July 101 July 81% July 88% July 89 July 79 July 113% 108% July 105% Sale 107% 107% 105% July 103 108 106% 108% 106% July 101 102% 104% 114 101 Sale 104 106 101 July 93 93% Sale 94% Sale July Sale 109 108% Sale 108% July 13 Sale 12 13% Sale July 5 4% Sale 5% 4% July 15 Sale Sale 15 14 July 107% 108 < 104 105% 104% July 97% 97% 80 90 93" Sale 90 July 104% Sale 108% 110% 110% 110% Sale 54 Sale 108 7,000 Pitts 1.000 lat 57,000 1st mtge 4 Hi series C 12,000 Pitt. Y A Ash 1st ge n 4sser "4",666 Sale Sale 56% Sale 54% 58% 1964 MN J guar Gen guar 5s series A General g 5s ser B General 4H> series C ----- "2,666 84 Sale 62 Sale 98% 104% 107% 107% 109 46% 49 7 5% Sale .100% 102 1975 A O IIIIl977 J J Va A Char 1st guar 4s 1943 MN A West Va 1st 4V(s ser A ~ 1958 J D mtge 4%. series B———IIl959 A O 179,099 83,000 86,000 54,000 233,000 90 Con 4s series G guar g—__..1957 MN 5,000 62,655 S 1945 MN g^-II-MM 1.900 2,000 M .1942 A O Con 4s series D guar B 'Ha series E guar B Con 4. series F guar 9% 107 93% Sale 106% Sale 16% Sale 4% Sale S 1940 , 115 J B__IIIIl942 guar 111 61 1952 MN B guar B___ Sale 114 J f 4s 1937 L * 4**a Mrlei A 414* series Con 4Ha series C 109 103 S XI—1952 Sale Sale 109 1949 M 4%a 116% J 1973 i 7s conv A Sale 84% 94% 94% 79 Sale 81% 115% 117% 116% Sale 76 97% Sale 85 103 Sale ffl 94% Sale 112 111 106 110% 110% 111"' Sale 87% Sale 115% 115% 116 Sale Sale Sale Sale 100% 87% 115% 109% 10F 101% Sale 101% 82% 89% 89% D 1967 M 30-yr s 29-yr 6s conv 14,000 Pitts Coke A Iron Sale D Bo'ld'Sal 1967 secured 8 D M.N 1981 J 156,000 Phlla Electric 1st A ref 3Ha 242,000 {♦PbMa A Read C A I ref 5s 194,000 ♦Convertible deb 6s-.. Sale 120% 111% Sale 90% Sale J Series B 1974 F Gen B 4%a series C—IIIIIIIl977 J 67,000 ------ 0 J o1* B>lf 5s Waal1 lM £ General nnn 5,000 ------ 120 106 Sale 116% O 1956 series C Dodge A «• aeries A...1956 1st 4s Series B 114 113 95 101% -.-IIII-lW Bold S. /® Marquette D D lf'900 Peoria & East 1st cons 4s 1940 84,000 ♦Income 4s (flat) 1990 4,000 Peoria A Pekln Un 1st 5%YY-Il974 nn§*RRR 103,000 A J 529,000 212,000 194,000 29,000 O 1970 A Sale Sale Sale Sale Sale" 115% 125 89% Sale Sale 109 111 99% 100 26% 32 89% 92 96% Sale 34% 35% 19 22 22 30 Sale 30% 30% 80 Sale 22% 31 29% 29% 29% 29% 31 30 30 29% 29% 98% 19 9% 11 9% 30 30 32 104% Sale 104 ~55~~ 68% 42 21% 119 108% 9% 40 31 30 40% 15% Sale 30 28 90% Sale 99 36 21% 28 104 45 26 118 23 29 28 115 90% 91 107% Sale 91% 92 11 23 32% 14 12% 101% Sale 100% Sale 108 109% 116 July 90 July 94% July 35 July 21% July 29% 29% 29% 29% 89% 105% 103 105 104 28% 21 28% 35" 68% 35 68% Sale 34 37% 38% 32% 17 16% Sale Sale 16% 120% 121% .108% 109% 109% 12 10% Sale 14 10% 22 22% 22% 7 5% 5% 14 6% 14 19 6% 10 9 103% 102% 104 July 89% July 107 July July July July July July — 94 97% — 91 94 30% July 13 30% July 20 30% July 26 30 105 July July 6 29 104 July 11 75 58 June 93% Jan. 68 July Apr. 84 100 Apr. 71% Apr. 94% Apr. 72 Mar. 92 June 9 79% Jan. Jan. 11 4 3 4 Jan. 19 93 1 103% July 21 118% July 93% July 5 20 112 June 30 94% July 101 19 Jan. 21 28% Jan. 36% July 25 20 Jan. 24 Feb. 28 27 27 Jan. Mar. IV* Apr. 23 26 Jan. 26% Jan. 89% Mar. 104 Mar. 32 32 Mar. 8 Apr. 21 32% Apr. 22 105 July 29 105% May 14 34 July July 39 19 July' 26 21 109% July'28 14% July 23 23 July 29 6% July 9 July July July July July July 2 9% July 11 105 July 103% July 105% July 29 29 18 Apr. 50 Feb. 41 Sale 104% 106 103 July Sale 103% Sale 102% July 107% 105% 107% 105 July 94 2 19 29 25 25 52% Apr. 1 48% June 16 Jan. 41 Jan. 4 21 Feb. 18 28% Apr. 13% June 118% Jan. 107% Apr. 7% May 20j| Jan. 6 121 May 27 110 Feb. 2 July 23 Apr. 18 20% Jan. hi* 5% June 12% Jan. 6 May 12% Feb. 24 Feb. 16 Feb. 23 100% Mar. 18 105 July 29 99% Mar. 31 103% July 29 103 Apr. 18 109 Jan. 19 aug., 1938] n. t. STOCK , Sales in Value y. stock exchange n. RANGE SINCE JAN. PRICES IN JULY Price 1-2 bonds July 39 EXCHANGE—BONDS £0- July 30 July 1 1938 Ask Bid Ask Bid Bid Ask Sale Prices Sale Prices Sale Prices Sale Prices Highest Lowest Highest Lowest 8t Louis Iron Mtn at South— ♦*RlT«r & Gulf DIt 1st 0 4s...1933 182,000 ♦Certificates of deposit 5,000 18,000 {♦St L Peo & N W 1st 5s -1948 8,000 St L Rky M & Pac 5s stmpd. 1955 {♦St Louis-San Francisco Ry— ♦Prior lien 4s series A .—1950 630,000 ♦Certificates of deposit..... 772,000 ♦Prior Hen 5s series B 371,000 ...1950 ♦Certificates of deposit.... 77,000 ♦Con M 4 Ha series A 845,000 1978 ♦Certificates of deposit stamped. 516,000 77,000 {♦St Louis Southwest 1st it 4s 1989 ♦2d gold 4s Income bond..Not 1989 34,000 ♦♦1st terminal & unlf 5s......1952 112,000 131,000 MN 63 % 60 J 17 J J 65 J J 13 % J j""J m's MN J J 73 Sale 12% Sale 52% Sale ....! 59% 14 Sale 50% 63% Sale 11 9% Sale 11% Sale \l* ~13% 10 li'i Sale 10% Sale 65 71% 9% 50% 35 25 J J 29 20 J 15% 1,000 St Paul & Duluth 1st consoi 4s.. 1968 J D J {♦St Paul B Grand Trunk 4%a._1947 J 13~2~666 {♦St Paul & K C Short L guar 4%sl941 F A 67 80 Sale 1990 J ♦Gen & ref 5s series A » 2r* Sale 32% 20% Sale "25" Sale 15 Sale 88 20 100 V Sale Sale Sale 92 61 Sale 58 85 10 18 60 12% 11 7% 50 June 27 69 Mar. 8% Mar. 26 7% Mar. 30 8% Mar. 30 15 Jan. 10 13% Jan. 15% Jan. 13% Jan. 10 12 10 Jan. 10 46 63 29 25 28 13 10 14 25 Sale 9 9% 8% 50% 31% 20% 14% 88 88 8% 9% Jan. 42% May 14% 12% 11% Sale 10% Sale 63% Sale 35 37% 23% 25% 16% 18 Sale Jan. May 12 Mar. 29 62 12 28 12% 20 7 64 61% July 60 July 18% July 62 July 93 16 Sale 10% 10 July July July July July July July July July July July 7% July July 12% July 25 14% July 25 12 July 25 13 July 25 11% July 25 63% July 30 38 July 27 27% July 25 18% July 25 88 July 12 1 11 July 25 tPacific Ext sterOlng guar 4s.. 1940 J St Paul Union Depot 1st 5s guar. 1972 J San Ant & Aran Pass 1st guar 4s_l943 J J 101' J 118* 119 If,'Sun Antonio Public Serr 1st 6s .1952 J J San Diego Cons ..1965 G & El 4s J M N Santa Fe Prase & Phenix 1st 5s.. 1942 M S 1.000 {♦Schulco Co guar 6%s 12.000 ♦Stamped ..... 1946 J 2,000 Sclo Vail & N E 1st guar g 4s 1989 1,000 ♦{♦Seaboard Air Line 1st g 4s ..1950 175,000 ♦♦Stamped 4s 1950 11,000 ♦Adjustment 5s—........Oct 1949 202.000 •♦Refunding g 4s 1959 ♦Certificates of deposit♦1st 8c cons 6s series A ....1945 ♦Certificates of deposit {♦♦Atlan-Birm DIt lstg4s.Mayl933 tSeaboard-All Fla 1st 6s A 266,000 109% 110 109 115H 20 8* 20 1946 AO ♦Stamped..., 6,000 652,000 158,000 28,000 82 % 16 ........ ♦Guar sinking fund 6H* B 13~66O J 102 32% MN 115 A O A O 14 14 F A A O M~S m"s 4 lM n 22 !fjj 4% Sale 90 98 113% Sale 52% 53% 1121932ll2% 110% ----109% 65 61% 16% 16% W* 27 28% 32 27 28% 32 114 112% 113% 12% 13% 98 July 113% July 54 2% 5% Sale 3% Sale 6% 5% 8 5 Sale 8 7% Sale 14% 17 22 6 2 28 14 20 29 98 July 116% July 57 July 112*32 July 111 July 107 July 16% July 17% July 22 7 7 Mar. 30 Mar. 30 6 Mar. 31 14 12 17 16 27% July 18% July 98 27 25 25 21 11 5 25 20 June 13 June 9 Apr. July 1 12 7% Mar. 26 6% Mar. 19 2 9 108 July Jan. 9% Jan. July 102% 118% 81% 113'32 Feb. 104 15 Apr. 29 5 38 2 30 7 15 17 May 88 • 18% Jan. 11% Jan. 67% Jan. 38 98 Apr. 109% Apr. 45 Mar. 109% Jan. 23 Jan. Jan. Jan. June 111 July 112% Jan. May 20 May May May 109% Apr. 25 4 4 2 9 Jan, 4 31 20 25 12 23 Jan. 24 28 July 26% July "19 29 113% July 11 113% July Sale 11% July 30 11% July Sale 12 July 30 15% July 3% July 3% 2% July 19 6 7% July 6% 5% July 7 6 6% July July 25 6 Sale 9% July 22 7% July Sale 8% July 25 7% July 17 19% July 25 July 20% 29 \lH Sale 13 4 8% 99% Sale July 107 108% 112%« July 110% July 110% Sale 107 105 July 19 16% 16% July 28 22* 17% July 19% 14 Sale 98 116 5 5 5 1 58 July 26 13% July 5 54% July 12 52% July St Paul Minn & Manitoba— 9,000 48,000 25,000 37,000 8,000 7,000 1 Jan. 3 30 Mar. 14 24 31 Mar. 8 Mar. 14 116 20 11% July Mar. 14 10 4 Mar. 17% Jan. 2% Mar. 4% Jan. 8% Jan. 9 4 Apr. 4 May 8 13 Jan. 10% Jan. 9% Jan. 5% June 5% May 10 Jan. 3 5% Jan. 10 22 June 11 11 10 1935 4% ♦Certificates of deposit.... 4% 3% Sale 4% 3% July 6 4% July 22 2% Mar. 26 1935 Series B ♦Certificates of deposit........ 1951 M 8 ...1952 J D 296,000 Shell Union Oil deb 3%s 43,000 Shlnyetsu El Pow 1st (Hi ♦♦Siemens 9c Halske sec s f g 7s..1935 J J "~9~666 ♦Debenture s f 6%« ...1951 M S 8,000 ♦Silesia Elec Corp 6%s.. .......1946 F A 26.000 Slleslan-Am Corp coll tr g 7s 1941 117,000 Simmons Co con* deb 4s........1952 161,000 Skelly Oil debenture 4s.........1951 304,000 SoconyVacuum Oil deb 3%s.. South 9c Nor Ala gu 5s... 64 67 98% 60% 61% 80 97% 106% Sale 97 1950 118 A O M S 1st mtge & ref 4s 106,000 .....1965 F A J 58,000 Southern Colorado Power 1st g 6s '47 J 193,000 Southern Kraft Corp 4^« 1946 J D 2% 103% 58% 98% 77% 101% 107% 107% 10b Sale 60 N 61 Sale N 61 Sale 78 24 28 76 Sale 94 Sale 101% 106% Sale Sale 96% 102% 106% 97 Sale Sale 104 July 29 58% July 2 103% July 50 July 77 July 22% July 73 July 94 July 101 % July 106% July 77% July 24 July 76 July 97 July 1 103 July 1 107% July 13 21 22 21 26 11 108 Sale 106% Sale 108%. 109 * 93 % Sale 90% 92 Sale Sale Sale Sale 52 76 Sale 107% Sale W* Sale 80 104 97% 66% 75% 61% 50 28, 102% 92 104 Sale 99 Sale 3% —- 73 22% "77% Sale" 75% .....1963 69,000 Southern Bell Tel 8c Tel 3%s 1962 40,000 Southern Calif Gas 4%s_—....-1961 4% 5% 98% Sale 104 106% 109% 96% 94% 104% 104 107% 106 Sale 108% 97 93% 92 Sale 4% Jan. 7 2% Apr. 104 July 29 96% Apr. 50 July 28 70% Mar. 16 61% Jan. 5 20% Feb. 20 64 4 1 Apr. 14 Apr. 16 June 91 June 25 Apr. 27 77% Mar. July July 3 21 26 Jan. 18 4 97 103 108 Jan. Apr. 83 82 24 120% Jan. 31 79% Jan. 90% Apr. 104% Apr. 110 Apr. 101% 105% 106% 87% July 1 104% July July* 28 107% July July 8 109% July July July 6 97 July 5 94% July Jan. 16 Mar. May 14 108% Jan. 18 109% July 14 100 Jan. 3 105 94% May 4 Southern Natural Gas— 1st mtge pipe line 4%s 90,000 1951 A 240,000 Sou Pac Co 4s Cent Pac coll Aug. '49 J 431,000 lst4%a (Oregon Lines) ser A..1977 M Gold 4%t 618,000 1968 M Gold 4%s May 1 1969 M 1,352,000 Gold 4 His 1,177,000 1981 M 555,000 10-year secured 3% 8 1946 J San Francisco Term 1st 4s 1950 A 92,000 1,286,000 8 P Sale 98% 54% Sale Sale " •" Sale 60 Sale 51 Sale 52% Sale 52 64 Sale 60% Sale 89% Sale 72% Sale 65 Sale 38% 50% Sale 76% Sale 46% Sale Sale 62 Sale 52 Sale 65% Sale J 83% Sale 103% Sale 92% Sale Memphis DIt 1st g 5s.........1996 J St Louis DIt 1st g 4s 1951 J 46 59% J 48 Sale 65 54 East Tenn reorg lien 5s 1938 M S 65 100 Mobile Ac Ohio coll tr 4s 1938 M S 87 Sale 405,000 Southw Bell Tel 3 Hs series B 1964 J S'western Gas Ac Elec 4s ser D 1960 M N {♦Spokune Internet 1st g 5s.. Staley (A E) Mfg 1st mtge 4s 1955 J 1946 Standard OH N J deb 3s 1961 1943 299",600 Swift & Co 1st M D J 63 ♦Studebaker Corp conT deb 6s..1945 197,000 9,000 3%s Tenn Coal Iron Ac RR gen Tenn Copper 9,000 154,000 17,000 Co cit 5s.....1951 J ......1944 M Gen ref s f gold 4s 1 exarkana & F S Ry Texas Corp exas J 8 120% 122 D A O 79 58 1 63% 56% 56% 56% 1 1 1 66 1 1 July 25 49% July 25 65 July 25 69% July 25 65 July 22 60 July 26 59% 100 95 94% 86 July 109 Sale 108% 109% 108% July 104% 105% 105' 105% 105 July 12 14 12 12 14% July 104 104% 104% July 102% Sale 103% Sale" 102% July 103% 103% Sale 66 80 72% Sale July 106% Sale 105% Sale 105% July 15 96 11 109% 6 105% 16 15 July July July July July July 100 69% Jan. 35% June 41 76 June Jan. Mar. 63 30% Mar. 43% June 77 52 Jan. 63% Jan. 31% June 30 June 29 Jan. 83% Jan. Mar. 104% Jan. Jan. 93 June 17 45% June 18 Mar. 29 B* 26 Mar. 29 28 83 Mar. 29 tlH 64 July 22 Apr. 2 60 May 27 8Z* 96 4 58% Apr. 4 110 106% Apr. Jan. 28 105% 101 9 Apr. 12 15 35 75 Jan. 11 10 13 11 10 5 15. 5 3 July July July July 25 25 25 22 Jan. 10 Jan. 4 July 26 May 5 July 14 June 30 101 82% July 29 106% July 1 119% 120% 120% 119% July 13 120% July Sale 101 % July Sale 102% July 92% July 104% July 5 Mar. 31 105 Jan. 8 100 Jan. 28 103% June 3 95 25 104% 8 103% 91 106 1944 F 1953 J 5H* A guar.1950 F A J A J ...1943 J —2000 J Ac N O cons g 5s Texas A Pacific 1st g 5s 104% Sale 115 110 114 108 101% Sale 79 D D deb 3%s—..——.1951 Gen ref 5s ser B 1977 99,000 Gen Ac ref 5s series C 1979 69,000 Gen Ac ref 5s ser D ..1980 156.000 5,000 Tex Pac—Mo Pac Term 5H« A—1964 1960 184,000 Third Are 1st ref 4s 649.000 ♦Adjustment Income 5s Jan 1960 1937 6,000 ♦♦Third Are RR 1st gold 5s ..... 106% J O 79 A O J D Feb. 28 102 Apr. 29 46% Mar. 31 82% July 29 108 105% Apr. May 31 119% Feb. J J 1st M 6c S Series June 15 1953 J 370,000 46,000 Toledo Ac Ohio Cent ref Ar Imp 3%t '60 J D Sale 9 125 Mar. 27 80 Sale 87 86 97 95 Sale 38 91 104% Sale 89% I6l% July' 83 106 103% July 90 July 107 July July July 4 102% July 21 70% Jan. 29 94 May 13 103% Mar. 30 106% Jan. 14 114 Feb. 11 109% May 99 May 2 108% Jan. 13 70 July 26 Apr. 20 90 103% Mar. 29 107 July 25 115 88 1 112 July July July 87 July 96 July 39% July 9 July 90 July 104% July 13 104% 70 26 69 27 71% 25 21 190 24% 21 13 3} 71 29 98 23 108% July 79 July 81% July 77% July 96 July 32 July 6% July 89% July 104% July 21 87 48% July 84% July 25 21 July 86% July 29 60 86 Sale Sale Feb. 81% 111% Sale ' 90% July 103% July 95 114"" 32 6 84 O J Tidewater Assoc OH deb 3Hs 112 103% 88% 106% JI* 90 J A 102% 103 91% Sale 103% 76% M S J 85 Sale 81% 108% Sale A 1952 J 163,000 64% July 38% July 50% July 52 July 64 July 46% July 1 1 July 13 July 25 July 25 July 25 July July July July July 102 97 81 Term RR Assn of St L 1st g 4 %S._193t T lbb'ooo 78 30 100 A Chem— deb 6s series B First cons g 5s 24,000 305,000 106% 1950 Tenn Elec Power 1st 6s series A—1947 J 218"66o Sale July July July July July July 54 July 85 July 60% July 98% 45% 49% 43% 43% 43% 95 Staten Isl Ry 1st gu g 4%i. 98,000 73,000 17,000 3,000 53% Sale 52% 85 J O Derel 9c gen 6s series A...—.1956 A Derel Ac gen (Hs series A.....1956 A 426~o66 57 1956 A Darel & gen 4s series A 380,000 752,000 21,000 42,000 ilH 99% 1994 J Southern Ry 1st cons 5s 1,5)59,000 D 98% 45% 49% 43% 43% Sale 1955 J 1955 South Pac RR 1st ref guar 4s 4s stamped 985",666 O 55 21 55 Sale 90 97 40 7% 82% 104% Sale 48% Sale 90 Sale 1 12 1 1 1 29 1 87 87 June 22 116% Jan. Apr. 19 88% Jan. 12 June 21 Jan. 11 June 22 87 July Jan. June 22 104 Apr. 1 39% July Mar. 30 9 July 25 Feb. Apr. 18 88% 90 12 25 21 13 June 27 1 104% July 23 Tokyo Rloctrlc Light (Ltd) 60 Sale D 101% 102 1950 A O Tol W Va Ac Ohio 1st guar 4s C..1942 M S 52 Sale 80 85 88 1,000 Tol St L Ac West 1st g 4s. Tor Ham Ac Buff 1st 4s ......1946 I Trenton Gas At Elec 1st 5s ...1949 M 6,000 Tri-ContlnT Corp coot deb 5s ser A'53 9,000 ♦Tyrol Hydro-Elec Power 7%s„._195ft Guar sec s f 7s ...............1952 16,000 37,000 UJlgawa Elec Power secured 7s. .1945 1962 93,000 Union Electric (Mo) 3%s 7,000 ♦{♦Union EleT Ry Chic 1st 5s....1945 30,000 Union Oil Cat 30-yr 6s ser A May 1942 3H> debentures 1952 247.000 Union Pac RR 1st At land gr g 4s.1947 First Ac refunding 4s June 2008 352.000 208,000 J D 3 J 103 103% 117% 107% 108 M N F 8 Sale A 110 71 108% 118 J 107% J Sale 8 121 106 9% Sale 118% 109% 108% 100% 112 Sale' 94% Sale Sale 91 89% 106% 73% 48% July 25 63% Mar. 10 Jan. 8 84% July 21 102 July 21 50 May 6 Jan. 20 95 July May 3 103% Jan. 26 80 104 99 119 18 J O 94% a20% Sale A 1st lien At f»J 5s June 2008 M 8 31,000 A O 34-year 3 H* debenture........1970 113,000 35-year 3%s debenture........ 1971 MN 65,000 A O 9,000 United Biscuit (Amer) deb 5s...1950 80.000 United Clgar-Whelan Stores 5s..1952 A O For footnotes, see page 30. 104 86 54 53 Sale 95 99 119% 108% 110 24% 21% 25 a20 106 July July 18 July 5 108 July 1 o20 % July July 1 18 July July July July July July July July July July July July 71 July 109% July July nw July July July 104% July 114 July 94 July 94% July 107* July July 61 % Sale 59% 108% 7 7% 8% il6% 117 116% 108% 109 112 Sale 109 110% Sale 108% 100 104 Sale 113% 114% 112% 93% 94% 90% 94% Sale 90% 107% Sale 107% 72 72% 70 7 9 1 June 117% Apr. 22 119 103 Mar. 31 108% Jan. 20 June 28 18 July 59% July 105 7 Jan. July .6% July 104% Mar. 107% Mar. 97 Mar. 109% Mar. 83% June 82 103 June Apr. 69% Jan. 1 3 7 97 96 Jan. 80 Feb. 3 109% July 25 Feb. Mar. nf \\k \HH 96 June 7 17 2 9 July 27 Jan. 3 Jan. 3 14 Jan. Feb. 17 95% Feb. 23 107% July 26 77% Mar. 15 ' 30 N. Y. STOCK 8-0 Sales in BONDS 1938 $ Bid 343,000 United Drug Co (Del) 5s........ 1953 1.000 UNJRR& Canal Co tfen 4s.... 3,000 ♦(♦United Rye St L 1st g 4s 82.000 U S Pipe & Fdy con? deb 3)**—• HU S Rubber 1st & ref 5s ser A_. 335:555 36,000 15,000 43,000 5,000 239,000 233,000 107,000 989,000 92,000 3,000 PRICES IN JULY Price Jan. 3 N. 7. STOCK EXCHANGE July Value EXCHANGE-BONDS Ask Sale 1934 24}* 1946 108 X 103 H 1947 34 Sale Sale "28" ♦Sinking fund deb t)*s hi A.. 1947 United Stockyards 4%s w w 1951 Utah Light Ac Trac 1st 8c ret St.. 1944 Utah Power Ac Light 1st 5s.. 1944 27}* Sale Prices Sale Prices 115 36 Sale 30 29% Sale 20 21 Sale 33 J* 33 H 373* 36 93 86" O 905* Sale 503* Sale Sale Vanadium Corp (Am) cony 5s... 1941 A Vandalla consol a 4s A 1955 F Sale Sale 933* Sale 523* 50 X 1959 Sale 87 5* (♦Utilities Pow Ac Ltg deb g 5)4'. 1947 ........ 20 116 Sale 27 X ♦♦Debenture 5s... Ask 68 X J«ly 80 X 1 1085* July 20 1085* 225* 205* July 6 21X 113 July 9 1165* 120 793* 1085* 68}* Sale 106 1951 ............. Highest 1025* 77 109 X 1944 U S Steel Corp 31*s debs 194* ♦United Steel Wks g 4 }*• ser A.. 1951 ♦6^1 series C Ask Bid Bid RANGE SINCE JAN. Lowest July 30 July 1 Sale 52 83 A Sale io"oo5 1957 MN ♦♦Vera Crux Ac Pacific 1st 4 }*•.... 1934 J J J J ♦♦July 1914 coupon off.. 110 25,666 Virginia El 8c Pow 4s 109 5* "2",555 Va Iron Coal Ac Coke lot g 5s.... 1949 M Va Ac Southwest 1st guar 5s.... 2003 J 1023* July 33 July Sale 333* July 373* 34 July 943* 92X July Sale 823* July Sale 87 July 55 513* July Sale 51 July 98}* Sale 104}* 106 94}* Sale 109}* Consol 4s Series B 81 94X July 104X July Ey* 36 21 27 30 July 28 July 29 905* July 30 933* July 29 55X July 55 July 94 99 1 July 29 1043* July 25 29 103 — X IX 1K 1 Highest Sale Prices July 25 July 20 July 8 July 20 1025* July 35 X July July I Lowest Sale Prices 60 107 Mar. 23 815* Jan. 13 May 6 109 X May 26 Jan. 18 193* Mar. 30 27 107 Feb. Jan. July Jan. Jan. Jan. July 73 Apr. 783* Apr. 1035* iu21* 27}* 273* 27}* 923* 45 4 1165* July 20 2 3 1065* Mar. 21 10254 July 25 363* Apr. 22 373* July 18 38 Apr. 94 2t July 1 90 July 1 933* July Mar. 24 Mar. 24 45 21 12 30 12 29 30 29 5 553* July 55 June 30 77 Apr. 8 99 July 25 104}* July 29 104}* July 29 May 16 May 16 104 3* June 20 2X Mar. 1 104 IX IX July 26 IX July 26 ... 15,000 Ptrst cons 235,000 Virginian r ser A...... 1955 M N 6 45 J O S Sale 52 102 X 1939 M N Sale 415* 1939 F nu A 43 25 252:555 60:555 249,000 8,000 13,000 97,000 50,000 12 H Sale" £980 75* 93* 75* 12}* Sale 9 -m 13 13 AO 67 70 74}* 1045* 64}* 80 74}* Sale Sale 42 Sale 20/ 99}* 107 54 Sale 121 % 102; Sale 121 X 109' 108}* D Sale 97)* Sale 18}* 78X 80 102 X Sale IS* Brie RR 1st con g 4s..1949 M ser A..I966 F 193* 18}* 643* 67 X 655* 233* Sale 67 ; 107 23 Sale 75 106 85 White Sewing Machine deb 6s... 1940 MN 92}* Uu'g 5s 1942 I Wilson Ac Co 1st M 4s ser A.....1955 Cony debenture 35^8.........1947 1960 (♦Wisconsin Cent 1st gen g 4s..1949 5,000 ♦Certificates of deposit 13,000 ♦♦Sup Ac Dul D1t Ac Tar 1st 4s. 1936 MN 2,000 ♦Certificates of deposit..... 43,000 Wisconsin Public Service 4s 1961 (♦Worcester AtConn East Ry 4}*sl943 5H 56 495* 101 1105* Wheeling Steel Corp 4^s 113* 113* 113* 20 July — 45 Jan. 18 4 July 28 75 July 28 39 June 15 61 Jan. 19 995* Mar. 30 105}* Feb. 9 50 76 44 27 3* Sale 455* Jan. 74X July July 41 1 July 14 673* Jan. 3 35 Jan. 12 45 30 "Apr. 9 27 June 29 12 if! Jan. Jan. Feb. 13 12 10 19 15 June 21 133 113 Jan. 7 855* July July 10 23 Jan. 6 25 25 29 22 27 48 16X May 31 65* Mar. 29 73* June 23 63* June 18 July July July July July 1 105 July July July July July 1 .043* '223* '025* 119}* July 5 July 22 July 6 July 5 107 July 23 110 July 7 1055* July 28 July July July 86 X 85 783* July 88 87 82 July 103}* 103}* 1013* July Sale 24 203* 185* July 19 20 17 July It* Sale 72 733* 643* July Sale 763* Sale 673* July Sale 765* Sale 655* July 235* 235* 22}* 223* July Sale 62 63 X 56 July Sale 57}* 495* July 883* July 90 July 1035* July 20 July 203* July 743* July July July July July 57 July 86 Sale 102"" June Mar. 28 13 Jan. 65* Mar. 31 65* Mar. 18 13 Jan. 14 103* July 25 29 100 Mar. 31 106 X July 555* June 15 71 Mar. 68}* June 23 82 63}* At 63 X Apr. 29 Mar. 28 3 8 48 Feb. 855* July 19 July 15 50 91 Sale 104 Sale 32 15}* July 13 12 X July 25 10 July 2 123* July 25 93* July 14 123* July 2f 93* July July July 9 July 9}* July 12 X 95* July 14 103* July 25 10 X 106}* 104 X July 20 106 X 64 1 755* July 703* 1 66X "69" 74 July 753* 91 Sale 1953 I 12 9 1045* Sale 105" 106}* 1045* 109 X 1093* 104 X 105 104 L033* 104 121X 1223* 1215* 102 X Sale '.023* 102 X 102 119 119}* 120 1193* 108 1085* 1063* 1065* 1063* 1095* Sale 1093* Sale 1093* 1045* 105}* 1055* 1045* Sale M Sale Sale Sale 70 Mar. 31 75 106}* 39 15}* July Sale" 106 40 S 11 103* 11 545* July 25 33 July 27 10 Sale 10 75 107' 113* 10 39}* July 23 July 10 102}* 104 118 2361 J ..2361 I Sale 10 109% 105% 121; 28 75 July 28 1 575* July 29 12 1035* July 25 75 10 11 10 "Apr"." "I 1095* 35 75 33 % 915* 10 A...1946 M Winston-Salem S B 1st 4s 84:555 25 20 Sale Wheeling Ac Lake Erie Ry 4s D..1966 Ac East 1 st 20 8 ........... Registered...... ( *♦ Wilkea-Barre 20 9 Western Union 4}*s gold........1950 MN Gold 5s ...........1951 J D Gold 5s I960 M S Wheel Ac L 75 393* 915* "30" July""I 45 11 West Maryland 1st g 4s.........1952 A O First Ac ref 5)*s series A .....1977 J J West N Y Ac Penn Gen gold 4s...1943 A O 23.000 ♦Westphalia Un El Pow 6s 175.000 West Shore 1st 4s guar 36,000 32 30 30 Sale 20,000 Westchester Light gold 5s.......1950 J Gen mtge 3 Via 129,000 ....1967 J 5,000 West Penn Power 5s series E....1963 M 1st mtge g 4s series H____ 11,000 ...1961 J. 1st mtge 33*s series I..........1966 J 33,000 58,000 West Va Pulp Ac Paper 4}*s 1952 J ser Sale "45 40 .... ... 79 51 43}* 12}* 1st 40-year guar 4s .......1945 F Wash Wat Pow 1st ref 5s .......1939 J ♦Assented Sale 13 1095* 42}* July 63 52 July 103}* 1033* 102}* July A Warren R R 1st ref gu g3)*»_. ..2000 F A Wash Cent Ry 1st g 4s 1948 Q W 4,000 Wash Term 1st guar 3%a.„. 1945 F A (♦Western Pacific 1st 5s Sale 30 75 56 69 H Sale 432,000 Wgrner Bros Pictures cony deb 6sl939 M S 229,000 (♦Warien Bros Co deb 6s ...1941 M 8 260,000 41,000 68,000 78,000 133,000 130,000 331,000 369,000 42 % 85 1978 AO ♦Ref Ar gen 4)*s series C ♦Certificates of deposit ♦Ref Ac gen 5s series D 1085* July 1093* 13"" 1941 ♦Certificates of deposit ♦Ref Ac gen 5s (Feb *32 coup) B. 1976 F ♦Certificates of deposit..... 2,000 ♦Certificates of deposit. 68,000 Walker (Hiram) G Ac W deb 4}*s. 1945 J D 154,000 Walworth Co 1st mtge 4s 1955 A O 6s debentures 15,000 1955 A O 40:555 Sale 30 50}* 68}* 94 45 ♦Des Moines DIv 1st g 4s...._. 1939 ♦Omaha Die 1st g 3}*«........ 1941 ♦Tol Ac Chic Dlv 1st g 4s 9,000 208,000 10 50 ser A. 1966 M 238,000 (♦Wabash Ry ref Ac gen 5 Via A.. 1975 279,000 50 5s................. 1958 A Ry 1st Ac ref 35*« ♦1st lien 50-year gold cerm 4s. 1954 ♦Det At Ch Ex 1st g 5s 1941 5,000 1095* 103 65 127,000 (♦♦Wabash RR 1st gold «• 179,000 ♦Second gold 5s 12,000 Sale 21 20 2/ 21 25 27 26 29 8 26 23 104 04 Apr. 19 108}* '.07}* Mar. 11 110 '.035* Apr. 27 105}* 3 123 •21}* Feb. 5 1025* 983* Apr. L16 Jan. 26 1205* 1063* July 1033* July July July July July July 943* 1003* 65* 101 }* 94 July July July July July July 27 13 July 23 July 25 75* July 13 63* July 25 1063* July 12 July July July 12 July Jan. Jan. 7 5 12 27 July 6 Jan. 4 19 111}* June 27 68}* Mar. 31 735* Apr. 973* Apr. 16 93 16 21 June June Jan. Feb. 24 18 3 15 27 4 Mar. 31 94 105}* June 16 1093* 8 Mar. 29 153* 65* Mar. 31 143* 8 53* Apr. 83* 3 63* Mar. 65* 104 2 Apr. 5 Feb. 96 Apr. 28 1 1053* Jan. 17 1105* Jan. 63 793* Mar. 31 94X 6 913* Jan. 1003* 4 Mar. 30 73* 3 101}* 96}* Feb. 71 10 5 27 15 Feb. 753* Jan. 46}* June 27 June Jan. 203* July 25 74}* July 27 773* July 26 77 July 29 1 1 485* Apr. 475* Mar. 31 20X Mar. 18 48 Jan. 1085* Mar. 29 30 513* Apr. Jan. 98}* 14 15}* Mar. 105 1065* July Mar 106}* Jan. 28 110 July 7 2 1055* July 28 1015* Apr. 100 106}* 105 92 X 93 915* Sale 913* 973* 1003* 995* 101 983* 65* 53* 5}* 6X 53* 99 09 X 1005* Sale 99 Q486 X Sale 883* 1055* 1055* 12 Sale 11 125* 11 8 14 11 75* 113* 8 9 65* 6X 7X 6 55* 7 63u Sale 107"" 106 1053* 95* 4X 95* Mar 21 lom July July 8 29 Jan. 14 May 23 July 27 Jan. Jan. 4 3 Jan. 6 Jan. 10 Mar 14 July 12 Feb. 18 Youngstown Sheet At Tube— 584,000 1st mtge s f 4s series C.........1961 MN t The price represented is the dollar quotation per 200 pound unit of bonds. Accrued interest payable at exchange rate of $4.8484. p ( Companies reported as being in bankruptcy, receivership, or being reorganized under Section 77 of the Bankruptcy Act, or securities assumed by such companies. * Negotiability impaired by maturity. ♦ Bond selling flat. 96 H Sale 102 X Sale 1013* Sale 100 July If Called for redemption. Deferred delivery sales, only transactions of the current month, and not included in year's a 25 102}* July e The following cash sales during the current month and 5 1025* June 30 were are transacted not Included in the monthly or yearly range: Central Hudson G. & E. 33*s, 1965, July 27 at range. Under the rule sales, only transactions of the current month and not included in year's range. 1 1133* N O Texas & Mexico 43*8 1956, July 29 at 37 n r Cash sales, x Ex-interest. only transactions of the current month, and not included In year's range. z The following deferred delivery sales were transacted during the current month and are not included in the monthly or yearly range' Nord Rys. 63*8 1950, July 28 at 100}* ^ - r New York Stock Exchange MONTHLY AND YEARLY RECORD PRICES DURING JULY 1938 RANGE OF STOCK p Stock Sales July .Shares In accordance with a AGGREGATE SALES In Since JUly Laboratories....—* Abbott 3uo 4*% 40 2,500 45,400 600 5,200 4,300 41,400 15,100 57,200 conv 370 Abraham 195,500 Adams 35,300 70,300 15,700 12,600 2,400 22,100 6,100 14,200 1,300 2115,,|00 3,800 93,100 12,900 8,300 900 20,900 6,500 34,700 510 7,500 260 24,400 2,400 43,700 8,200 82,600 700 3,200 10 ...... .. — 10,000 156,000 26,900 246,900 1,300 Preferred 18,200 23,400 6,700 600 35,300 2,800 3,800 -8,700 2,900 20,400 70,800 8,100 18,300 16,000 39,700 700 1,130 151,800 18,600 29,800 279,800 270 96,700 5,900 6,900 10,000 2,190 163,200 1,700 2,400 50 104,000 6,400 800 9,100 2,600 3,800 30,000 9,700 33,100 2,250 38,000 169,400 700 19,000 25,000 107,000 600 629,000 1,600 18,200 610 126,600 Sale a V4 Sale Sale Sale ai a Sale Crystal Sugar Co....10 100 1st preferred 258,500 Am tc Foreign Power • 59,500 $7 preferred...—...—.* 2d preferred A...........* 81,600 24,800 $6 preferred ---* 13,600 Am Hawaiian Steamship...It 118,500 American Hide Ac Leather —1 11,800 6% preferred............50 1 27,800 Amer Home Products.i * 38,400 American Ice 10,700 6% preferred.......—-100 86,500 Amer Internal Corp..—_ * 237,800 Amer Locomotive Preferred ——.—100 26,300 67,200 Am Mach Ac Foundry...... * 63,300 Amer Machine Ac Metals 170,900 American Metal...———.* 4,100 6% Conv preferred—100 11,260 American News Co new....* 638,800 Amer Power Ac Light........* $6 preferred—.——.——* 124,200 $5 preferred 156,600 1,094,500 Am Radiator 9r Stand San..* —....... Preferred..————100 361,500 American Boiling Mill.....25 489,700 25,600 1,500 31,100 14,200 18,000 392,200 50,100 137,900 14,650 124,800 581,900 4,100 54,700 95,600 444,200 6,300 2,882,60 J 13,900 38,600 1,750 4*% conv preferred—100 Amer Safety Razor......18.50 American Seating Amer Smelt Ac Refining, Preferred - ......... Snuff ....... . * lit 25 6% preferred.....—...100 * Stores-..——.* Amer Steel Foundries * American Stove Co American Sugar Refining.100 ——.100 Preferred Amer Sumatra Amer Tobacco—.* Telep Ac Teleg ...100 Tobacco ........25 American 25 Class B 6% preferred...........100 Type Founders—.* Am Wat Wks At El * $6 1st preferred. ..... , 1* Sale *10* Sale * . 18 pref ...25 .—.50 Anaconda Wire At Cable • 40. Hocking Glass Corp* conv preferred.—-* -21 of 100-share J- • 0:; , ;'• '■ RANGE SINCE JAN. 1 110 Sale 113 25 15 6* & 80 Sale Sale 87 3* 20 it* Sale 11* Sale 74 3* Sale 8 5* 176 * 300 23 8* Sale 13 Sale 4* Sale 6 Sale Sale 22 Sale i 8* Sale Sale 10 * 3 * 22 Sale 33 J* Sale 40* Sale Sale 11* Sale 24 4 22 19 Sale 1* 17* 7* 20* 63 Sale 60 13 Sale liS 0% 3* 30 101 17* Sale Sale Sale 119 27* 26* 5* Sale 38 * 30 12* 157 Sale Sale Sale 165 14* 4* 34* 104* 25* 6* 36* 32* 14* 148* 20* 80* 16* 17 * 66 17 Sale 10 29 Sale Sale IV4 44* Sale 48 Sale Sale 12A4 49 129 125 51 54 125 133* 31* Sale 8* 8* r25_" Sale" 109* Sale 18* 16* 144 60* ill* Sale Sale Sale- 139 Sale Sale 80 88 Sale 140 29 It* 32 Sale Sale 15* Sale 101* Sale 20* Sale 23 13 77* Sale 10 4* 25* 41 12 4* 11* 11* 73* 4* 6 20* 9* 16* 11* 4 42 40 2 Sale Sale 7* 22* Sale Sale 65* 16* 4* Sale 35 59* Sale 14* Sale 4* 33 * 36 Sale 104* 27* 24* Sale 5* 37* 36 33* 32* Sale 14* 158* 148* Sale 19* Sale 112* 26* 27* Sale 5* Sale 36* Sale Sale Sale Sale 32 15* 152 Sale 20* Sale 79 Sale 18' 7* 19* 68* Sale 74* 16* 18* Sale 11 * 14* Sale 31* 30* 30* 46 Sale 49* Sale Sale 128* 134* 125 53* Sale 55* Sale 144* 144 144* 141 17* Sale Sale Sale IV4 14 Sale 102* 19* 141* Sale Sale 19* 27* 112 18* Sale 142 Sale 84 77* Sale 140* 142 6* Sale Sale 78 Sale 5* 37* Sale Sale 31* 44 8* Sale 87* Sale Sale 120 19* Sale 84* Sale 141 Sale 8 Sale 11* Sale 87 91* 6 6* 39 3t* Sale Sale 43 Sale Sale 35* 40* Sale 19 Sale Sale 109 1 22 11 7 11 11 1 1 16 July July July July July July July 19 July July July July July July July July July July July July July 1 2 8 1 1 12 1 July July July July July July July 20 9* 14* 14* 77* 6* 6* 48; 109* July 25 21 36* 25 30 1 28 1 1 5* 25* 12* 20* 12 5* 2 27 1 42* 2* 20* 8* 24* 6 30 11 11 1 73 July 14 17* 1 5* July July 12 37* 1 112* July July 14 28* 6* July 14 July 27 41* 1 July 8 July 1 152 July July 12 22* 7 80* July 19* July 11 6 15* July 2 32* July July 12 53* 1 130* July July 14 55* July 27 144* July 8 July 12* July 25* July 102 July 18* July 139* July 75* July 77* July 139 July 6* July 10* July 77 July 5* July 37 July 7* July 35 July 31 July( 45 > July 15* July 107* July iV4 6 32 6 10 6 14 1 30* 1 112 23 20* 12 144 1 85 1 88 20 142 1 ' 8* 1 13 12 80 12 1 1 11 .... aV* 42 9* 43 38 50 19* 110 4 Feb. 2 40 * 8* 95 * 6* 23 May Mar. Mar. Apr. Mar. June 2 30 31 16 31 17 ' Mar. 30 5* 7* 11* 4* June 17 June 18 Mar. 31 5 124 July July July July July July Mar. 30 Mar 31 7 July Mar. 31 , 8* Mar. 28 4* Mar. 26 38 Mar. 31 34* Mar. 31 26 13 13 13 25 19 5 20 30 2 24* July 2* July 65* July 1 * July 13* Feb. 99* July 1* Jan. 17* Jan. 17* Jan. 17* Jan. 17* Jan. 21* Jan. 10' July 184 July 11* July 14* July 12 July 68* July 54* July Mar. 26 19* July 3* Jan. Mar. 30 24 55 49 May 27 78 83 10 Mar. 30 H* Apr. A* 1 Mar. 26 18 14 19 20 29 12 25 11 2 25 7 12 12 12 12 17 25 19 20 25 19 28 25 26 11 Jan. 12 July July 23* July 60* July 13 25 19 5 46* Apr. 27 3 23* Mar. 31 42* Jan. 114 Apr. 21 132* July 30 July 2 3 101 70* Jan. 29 16034 Mar. 30 167 Feb. 8 25 July July 9* Mar. 29 22* July 100* Jan. 24 104* July 88* Mar. 31 115* July 25 25 25 19 25 25 25 19 25 July 19 July 19 July 20 July 14 July 27 July 25 7 July July July July July July July July July July July July July July July July July July July July July July July July July July July July July July July July July Feb. 16* Mar. 31 July July July July July July July July July 19* July 3* July 21* July 78 July 83 July 23* July 60* July 41 July 132* July 101 July 166* July 32* July 53 July 22* July 104* July 115* July 52 119* July 19 119* July July 30* Mar. 23 42 52 Jan. 28 June 3 12* July 6* Mar. 30 21* July 14* Mar. 31 25 July IV4 27 19* t4 el* 20 2 Mar. 30 Mar. 31 20 Mar. 30 July 9* July 14* July 16* Jan. June 20 83 Feb. 7 Mar. 29 Mar. 29 12 Jan. 18 Jan. 25 4 6 July 7 22 177 Jan. 22 Mar. 29 Jan. i!8 18* Mar. Mar. Mar. Mar. May 26 2 Mar. 29 Mar. 29 12 Mar. 26 3Vi Mar. 30 Mar. 28 'lH Mar. 30 ir4 10 Mar. 29 June 17 Mar. 31 5* 25* 12* 20* 12 23 MPs _ 25 20 2 Jan. July July 42* July 2* June 20* July 8* July 24* July A4 "8 2 Feb. July July 18 19 19 22 23 20 19 21 Jan. 17 July 25 Jan. 12 38* Jan. 12 Mar. 30 112* July 30 Mar. 30 30 99* 20 25 3* 7 19 20 16* 20 9 20 13 148* 13* 25 58 20 15* 20 7* 25 12 25 25 103 30 AV4 18 130 July 27 2* Mar. 31 .. 19 19 20 6H 9 19 19 22 21 20 19 21 22 25 si* 2* Mar. 25 177 4 23 29* 9* ill* 8 27 Sale IV4 20 18 Sale 6 6 2 Sale 1 5 19 Sale 6 July 500 4* Sale 20* Sale 10* 10* 17* 16* 11 1 2 42 July 15* July July July 116* 109 19* 9* Sale 13* Sale 12* 77* 5* 16* 2* 19* 71* 63 * 18* 100 Sale Sale 70 Highest Sale Price* Sale Sale 76 Lowest Sale Prices 47 July 2 52 119* July 19 119* "58" 40 July 18 42 41 40 July 22 43* Sale 10* July 12 12* 21 * 7 21 20 July Sale 20* July 12 24* 6 2 * 2* July 8 Sale 59 65* July 5 1 * 1 July a \4 7 Sale 11* 9* July 25 99* 99* July 1 1 * Sale 1 * July 1 15 Sale 10* July 1 13* 9* July 12* 1 12* 12* 9* July 12 * July 15 15* 15* io 19 17* July 12 20* 1 10 8 " July aV4 171 1 184 Sale July 6 12 9 11* July Sale 12 14* July 12 1 12 Sale 8* July 2 Sale 55 68* July Sale 45* July 11 54* 25* 8* 26 Highest Sale Prices Sale 17 170 170 4 Sale 49* Sale Sale Sale Lowest July July July July July July 59 58 56 July Sale 38 39 July 125 July 132* Sale 96 July 98* Sale July 166* 166* 164 28* Sale 23* July 95 48 Ask 18* Sale 2* 2* 24 19* 74 73* 80 80* 20* Sale 109 Sale Zinc, Lead Ar Smelt—1 $5 prior conv it* 17* Sale 2* Sale Sale Anaconda Copper Sale Sale 11 Sale 11 Sale 13* 12* 18* Sale 9 Sale Sale 177 9* 10* 13* Sale 10* Sale 63 Sale 50* Sale 110 Sale Sale $6.50 61 100 123* 167 .100 Preferred Anchor 2* Sale Sale Sale American Woolen...—...—* Amer 20* 24* 150 58* Sale American For footnotes pee page Co—• Building..—* American Ship American 20 12 71* Sale 64* Sale 18* Sale 50 60 39 Sale 122* 99 Sale 164 166 24* Sale 45 Sale 15* Sale Sale 10 Amer Encaustic Tiling.....1 American 2* 60 8* 12* 8* 55* 48* Chain tc Cable—* Am European Securities * 10 American Express Co.....100 37,400 26,800 37,200 17,250 863,100 12,200 12,100 1,080 40 10* 71 ...—100 ... 2,000 440 41* 19* 22* 1* 10* 9* 9* 12* 19* 8* 5% preferred...........100 *" 14,900 American Chicle...... Am Coal Co of Alleghany 20 County. N J- 6% 40 Sale Sale Sale Foundry.......* Preferred-... -100 Amer 51 43* 32 42 Sale Sale Amer Car A American 48 Sale 11* American Can.........—-25 Am Com Alcohol.......... 907100 A* Sale 49 1 .... 68,400 72,600 2,530 900 iiH 20 37,500 Alpha Portland Cement * 42,900 Amalg'mLeatherCostlncNewl 4,800 6% cum preferred.......50 76,100 Amerada Corp.... —* 19,300 Amer Agrlc Chemical (Del).* .10 133,400 American Bank Note... 5,060 6% preferred....— 50 70,300 Am Brake S Ac P 3,140 5* % coot preferred 100 American Color type 46,600 43* 43* ....... 130,000 46* lie 206,100 Allegheny Corp........... Pref series A $30 warr'ts .100 160,800 Pref series A $40 warr'ts 100 27,900 Pref series A $30 ex-war .100 21,800 13,000 $2.50 prior conv pref.... 95,500 Alleghany Steel ..1 22,600 Allen Industries Inc 115,000 Allied Chem A Dye.. • 5 7,500 Allied Kid Co • 72,100 Allied Mills Co Inc 524,600 Allied Stores Corp.........* 12,900 5% preferred..........100 656,600 Allls Chalmers Mfg 29.200 870 37* Ask Bid Bid Susquehanna..100 26a800 ' * * 8,100 Adams Mlllls 28,100 Addressograph Multtgraph 10 31,900 Advance Rumely 222,900 Mr Reduction inc..... ....* 54,300 Air-Way Elec Appll Corp * 449,000 Alaska Juneau Gold Mln.10 9,500 15,800 37 * * Ac Straus... Express •,,i/':.,, Sale Prices July 30 July 1 Ask Bid preferred..-100 11,500 Acme Steel Co..........-.25 40 Albany & at EXCHANGE] Par 14,900 «■" Price Shares duu 1,046,892,000 July 31 /' 1938 6,400 $160,504,000 1,864,857,000 L. $178,265,000 Jan. 3 Jan. 1 Shares Jan. 1 to 19371 1938 , _ ^ _ PRICES IN JULY STOCKS N. Y. STOCK . month's range, unless they are the only transactions of the month, and when selling month In which they occur. No account is taken of such sales in computing the NOTICE—Cash and deferred delivery sales are disregarded in the outside of the regular monthly range are shown in a footnote in the range for the year. '■ P _ 1915, all stocks are now quoted dollars per share. Prices are on a basis effective Oct. 3, small way. rule of the Stock Exchange, lots except in the case of stocks which sell only in a July_ 20,722,285 249,593,212 38,773,575 155,938,758v Jan. 1 to July 31 Bond Sales 1937 1938 Mar. 29 Mar. 29 Mar. 31 Mar. 31 Mar. 30 July 29* Jan. 12 20 20 20 1 165 22 Mar. 30 Mar. 29 Mar. 31 18 Jan. 41* July 37* July 17 July Jan 12 Jan. 15 80* July 20 20* Jan. 12 15* July 25 1 35 Jan. 11 Mar. 31 56 Jan. Mar. 26 Apr. Jan. Mar. 29 131 7 55* July Apr. Jan. 17 144* July 15* Mar. 31 34* Jan. July 25 0Va Mar. SI July July 19 June 12 June 10 July 30 Jan.21 Mar. 30 July 14 July 29 101"/8 Mar. 31 117* Mar. 12* Mar. 30 20* July July 21 Jan'. Mar. 30 July 26 111 85* July 58 Mar. 30 July 29 58* M^ar. 31 July 29 July Apr.' 1 July 7 130 8* July 3* Mar. 28 July 27 Jan. 6 Mar. 30 July 7 Jan. 68 Apr. 16 July.,. 11 Mar. 31 July July 19 June Mar. 31 July 19 Mar. 30 9* July July 25 43 July Mar. 26 July 25 21 July July 25 May 26 38 50 : Jan, 29 Mar. 29 July 25 19* July Mar. 31 July 25 IV4 97 Apr. 6 110 I July July 27 31* 12 17 30 18 10 30 9 11 14 21 10 29 - .. '23p :25y° I36* 27 12 20 19 29 25 25 25 11 25 27 32 N. Y. STOCK aggregate sales prices in july STOCKS Price N. Y. STOCK EXCHANGE In Jan. 3 July 1938 Shares Shares 700 Par Preferred 71",900 900 ""300 130 109",800 5% preferred 12,484 Atl G 21,400 15,500 1,660 18,400 57,300 13,000 3,900 14,700 3,200 1,540 620 66,100 570 1st preferred 600 Belg 41,900 3,290 5,530 14,200 204,800 303,250 25,600 20,800 640 3,000 38,500 73,300 7,300 6,700 102,800 131,900 1,700 5,300 10,700 13,000 68,100 18,300 29,800 62,500 Sale 15* 23* Borg-Warner 39* Sale 15 Sale Corp.........5 Sale Boston & Maine. 100 Bower Roller Bearing Co..i7 Sale „ 8c OueensTransit.* 36 preferred * 31,100 tBush 10 • 100 » • _* ...1 ♦ Terminal Co... 7% debenture • 106 ... 19* 8* Sale 19* Sale 22* 26 30 m Sale jy. Sale _.* 100 tBush Term Bldga— 3,200 Pref ctfs of deposit.. 16* 26 Sale 18* Sale 34 Sale 84 4* Sale 10 46 3* Sale 26* Sale 15* Sale 7* Sale 17 Sale 2 Sale 7* Sale 100 Sale 75,200 Butler Brothers... .....10 16,800/ 5% conv preferred.......30 92,600 Butte Copper 0c Zinc.......5 89,800 Byers Co • 5,680 Partlc preferred.. 100 39,400 Byron Jackson Co.... 51,100 Calif Packing Corp * 1,200 5% preferred............50 267,700 Callahan Zinc-Lead 1 451,200 Calumet 8c Hecla Cons Cop .5 98,800 Campbell W 8c C Foundry...* 753,900 Canada Dry Glng Ale 5 Sale 19 3* Sale 36* ...... Sale Sale 52 Sale Sale Sale Sale 50 Canada Southern Ry Co.. 100 435,900 Canadian Pacific 25 24,800 Cannon Mills 7,900 Capital Admin Co Ltd 48 Sale Sale * c A--1 4$h 120 33 preferred class A.....10 790 Gar Clinch F at Ohio Ry..l00 18,600 Carpenter Steel Co Carriers & General Corp 139,600 Case (J I) Co 1 20 Sale 100 80 Sale 6,370 7% preferred...........100 191,300 Caterpillar Tractor... * 9,900 5% preferred...........100 334,300 Celanese Corp of America... • 1,400 7% prior preferred.....100 46,400 Celotex Co • * ........ 2,160 5% preferred.......... 100 30,700 Central Agulrre Associates.* 213,100 Central Foundry Co l 5.090 Central 111 Lt 4H% pref..100 11,400 Central RR of N J„* __"l00 21,700 Central Vloleta Sugar Co..19 6,400 Ceniury Ribbon Mills • 380 Preferred i«0 For footnotes ... see page 40. 90 4 .....5 28,000 14* 98* Sale 47 Sale 99* 100* 14 Sale 92 Sale 62 Sale Sale 13 6 Sale 112 Sale 16* 114 I 17* 100* I 96* 18 114"" 7 79* Sale 19 13 8* 75 8* 7* July Sale 47 Sale 58* Sale 15 Sal# 15* Sale 96* & 26 25* 18* Sale 17* Sale 16* 25* Sale Sale 14* Sale 17* 45 Sale 25* Sale 24*, Sale 90 95 45 Sale 14 11* 16* Sale 28* Sale 3* Sale 19 Sale 48 51 62 July 25* July July x92 July 46 47* 45 July 12* 13* 12* July 17* Sale 16* July 31* Sale 27* July 4 3* July 19 25* July 37* 36 39 40 sale 36 9 Sale 10* Sale 83 Sale 5* Sale 41* Sale 4* Sale 25* Sale 185^ 18* Sale 10* Sale 18 Sale 2* Sale 9 Sale 13 17 8* Sale 22 Sale 3* Sale 11 * Sale 37* Sale 17* 18* 21* Sale 51 49* 1* Sale Sale 8 14*. Sale 17* Sale 42 37* 6* Sale 35 36* Sale 7 11* Sale 33 Sale 2* Sale 9* 10 11* Sale 90 6 100 44 Sale Sale 5* Sale Sale 20* 21* 14* Sale 19* 20 3 Sale 10* Sale Sale Sale 22* Sale 11* Sale 20* Sale 51 Sale Sale 17* Sale 47* Sale 45 8* 35 37 40 67 Sale 80 18 16* 3* Sale 54 104 , Sale 111 117* 55* Sale 105* 16* Sale 65 68* 22* Sale 65 Sale Sale 91 110 18* Sale 22* Sale 4* Sale 103* 10* nr" 6* Sale 5* 5* 99 90 110 Sale 90 d 24 Sale Sale Sale 109 15* 7* % «8* 99 11 1 8* July 1 24* July July 14 36 1 July 1 1* July 1 7* July 1 9* July 28 6 July 1 16* July 33 July 13 8* July 11 1 10* July 83 1 July 1 5* July 40 6 July 1 4* July 1 25* July 18* July 1 1 10* July 5 17* July 1 2* July 9 1 July 1 14 July 8 July 21* July 3* July 11* July 36 July 17* July 20* July 6 2 6 1 11 15 8 14 ""!* July" "I 8 July 14* July 17* July 45 July 6* July 36* July 7 July 39 July 67 Jlily 16 July 3* July 91 July 109* July 51* July 105* July 16 July 82 July 22 July 65 July 22 July 4 July 104 July 11 July 6* July 5* July 90 July 1 25 7 7 21 19 25 20 19 19 19 25 19 1 18 1 11 16 6 1 5 8 1 1 8 9 18 1 20 11 5 8 25 25 19 25 55"" July 31* July 30* July 96 July 48 July 14* July July 33 July 4* July 25* July 28 Jan. 10 30 25 25 11 July Jan. 30 21* Mar. 10* Mar. 9 Mar. 109 Apr. 11* Mar. 90* Apr. 25 Apr. 94* Apr. 5* Mar. 75* June 8* Mar. 19 25 20 19 Jan. 21* July 17* July 31 18* 96* 9 30* 115* July 25 Mar. 12 9 July July 19 83 Jan. 11 30 Mar. 2 50* July 65* Jan. 16* Jan. 99 July 29 July 20* July 19* July 17* Jan. 55 July 35* Jan. 30* July 96 July 48 July 14* July Mar. May June Mar. June Mar. June Jan. I 33 2 14 25 7 4* Jan. 25* July Mar. Mar. Mar. 31 { Mar. 30 j Mar. 30 Feb. 3 I Mar. 25 ! Mar. 26 I Mar. 30 l Mar. 31 ! Mar. 29 ' May 27 | Mar. 26 ! Mar. 31 Apr. 18 ; Mar. 31 13 7 July 37 : Mar. 30 Jan. Jan. 90 ll* 10 24 Apr. 29 Mar. 30 25 10 29 13 Jan. 13 25 29 21 zl 11 20 25 25 29 25 15 17 June 30 July July July July P 19 19 25 21 June 30 22 July 25 24* Jan. 49* Feb. 18 I Mar. 30 Mar. 30 1 May 27 Mar. 30 12 19 12 11 I May 31 ; Mar. 30 Mar. 31 Mar. 31 25 17 27 28 24 I Mar. 30 Mar. 31 Mar. 31 Mar. 30 19 25 20 41 11 Mar. 29 ! Mar. 31 25 21* Jan. I Mar. 26 [ Mar. 26 ; Mar. 31 11 12 25 12* July 26 34* July 29 July 22 39* July 29 2* Jan. 13 10* July 8 13* Jan. 13 I Mar. 28 Mar. 26 26 38 10* July 12* July July 6* July 54* Jan. 5* Jan. 39 July 23* July 14* July 22* July 3* Jan. Mar. 26 ' IS July Jan. 16* July 22 10 July 19 July 19 4* July 25 13* July 21 41 5 July 22 July 25 2 23* July 17 Jan. May 16* Mar. 24 19 Jan. 15 __ 19 115 10* Mar. 13* Apr. 37 May 20* May 15* Mar. 82 Apr. 12* July 26 34* July 29 July 22 39* July 2* July 10* July 12* July 36 July 21* July 35* July 10* July 12* July 25 90 July 29 6* July 21 49* July 21 5* July 26 39 July 25 23* July 25 14* July 29 22* July 25 3* July 25 10* July 26 7 11 21 July 98 July 23* July 13* July Jan. 38 9 36 Mar. 9 10 20 July 13* 12* Mar. 40 Jan. Jan. 11* July Mar. 5 July 25 119 Mar. 3 7* July 19 6* Jan. 12 3* July 13 Mar. Mar. 86 14 12 7 July July 58 5* Mar. 29 12 Jan. Jan. 20* Jan. 4* July Mar. 4 10 Jan. 72 27* 8* 14* 27* 107* 9* 45* 15* Mar. 25 11 42 Mar. 26* 39* 12* 75 17* 9* 19 22 27 July 11 May 20 27 18*"July 1 Jan. 85 80 26 21* July 45 July 7* July 42 July 8* July 39 July 76 July 18* July 4* July 107* July 115 July 58 July 105* July 22* July 88 July 25* July 72* July 23* July 5* July 107 July 14 July 7* July 6* July 95 July 5 35 Mar. Jan. 105 Jan. 4* Apr. 2* June 2 Mar. 12* Mar. 2* Mar. 1 13 Mar. 72 72 36 30 9* July 19 13 n* July 19 70* July 12 72* July 29 6* Mar. 17* Mar. 101* Apr. 5* Mar. 38* Mar. 6 11 Mar. 25 May July 4* Mar. July "2* July' 12 31 47* July 11 July 7* July 56 27 14 July July July July July 99 July 29 July 20* July 19* July 33 9* Sale 11* Sale 33* 35 17* 18* 34* Sale 37 9 21* 18* 50* 63* 16* 24 40 1* Sale 7* Sale 9* Sale 27* 28 2 13* July" 17* July 41* July 56* July 15 July 96 July 23 July 16 July 14* July 43 28* Sale 28* Sale 95* Sale 8* Sale 24* Sale 35 32* Sale 1* July 1 July 2* July 6 July 8 July 3* July 3* July 0 July 1 * July 7* July 5 July 8* July 6 July 78* up 16 16* 13* 110* July July July July July July July July July July July July July 2 18 19 22* Mar. 40 May July July July July July July July July July July July July July July July July 110 """July" ll 115* July"18 21* Sale 18* Sale Sale 29 17 120 Sale P 9 July July July July Jtily July July July July July July July July July July July 32 112 7* 76 8* 7* 8* 33* 93* 19* a95* 29 106 35 7* Sale 75 88* Sale 15 64 Sale * 43,500 Bullard Co.. 170 40 24* 14* Sale 20 Sale Sale 1 Borden Co. (The) 90,600 Burlington Mills Corp 145,500 Burroughs Add Mach 10 170 Class B Bond Stores Inc......... 1,930 7% preferred 352,000 Budd (E G) Mfg 17,200 Preferred 7% 123,700 Budd Wheel 148,200 Bulova Watch 8,600 Sale 89 154,900 Bucyrus-ErleCo 1,600 4,500 5,000 1,400 Sale ..5 Bohn Alum at Brass Corp...5 64,400 36 preferred series A— * 79,300 Brooklyn Union Gas » 4,400 Brown Shoe. Inc * 41,500 Brunswlck-Balke-CoIl____..» 7,100 77,500 Sale Bon Ami class A 34,000 Brooklyn 560 6,400 85* Sale Sale Sale Sale 100 216,400 Bklyn-Manhattan Transit 9,700 56,500 890 Nat Rys part pref.. Sale it* Sale 42 97 Sale 10* Sale , Sale • Sale 36 34* 94* 98* 20* Sale 11* Sale 30* 94* 15* 50 282,900 Bridgeport Brass Co. 391,200JBrlggs Manufacturing... * 8,0001 Brlggs & Stratton * 25,300 Bristol-Myers Co.. ......5 700 200 Sale 112 25 840 Blumenthal 8c Co pref 984,600 Boeing Airplane Co 530 143,100 1,200 14,300 Sale 10*1 Steel Corp (Del).* 41,700 5% preferred............20 30,500 7% preferred 100 27,300 Blgelow-Sanford Carpet Inc * 42,400 Black at Decker Mfg Co * 190,700 Blaw-Knox ....* 500 Bloomingdale Bros » 243,100 16,700 660 19* Sale 28 Sale ........100 4* 3* 20* Sale Sale 35 Sale Sale Sale 2,100,200 Bethlehem """680 33,100 Sale" Sale Sale 443,800 Bendlx Aviation Corp 5 57,400 Beneficial Indus Loan Corp.* 46,400 Best at Co • 8,000 9.200 65,900 3,300 6,600 26,200 Sale conv 140 Beech Creek RR Co.. 10,000 8,100 120,100 3 4,400 Beech-Nut Packing... 20 33,000 Beldlng-Hemlngway ..._.* 210",800 10 ...* 21,000 Beatrice Creamery 1,500 35 preferred w w 6,800 29,600 * .... Sale Sale '"466 171,500 50* 117* 6* 3* 2* 15* 4* Sale 400 78,200 Sale * • $5 prior A... 23* 106* 7* 43* Sale Sale 6,000 85"" July" 11 11 11* Sale 107 90 Sale 170 60.806 lit* 6% preferred............50 \ustln. Nichols at Co 7 6* 10* ....... 182,700 15,400 21.100 Sale 35,600 Barker Bros .___* 4,150 5*% preferred... 50 577.000 Barnsdall Oil Co 5 35,300 Bayuk Cigars Inc..........* 270 11* July 19 70* July 12 72* July 29 33* 50* 21* 6* Sale preferred...... 100 173,000 Barber Asphalt Corp... 10 50,500 12,800 1 5 5 July 7* July : . 51 5% preferred...........100 Atlas Tack Corp 5% 8* July July July 22 x 791,700 Baltimore at Ohio..... 100 181,400 4% preferred .....100 5,500 Bangor at Aroostook.. 50 580 Mar. 25 Mar. 30 56 33* Sale Baldwin Locomotive Works 545,400 V t c when Issued...... 13 60 11 83"" July "13 Atlas Corp.............__._1 310,600 Aviation Corp (Del) The 146,100 206,500 48,400 1,500 5 1 65 80 100 {Auburn Automobile 7 20 4* July 1 30* July 14 121* Mar. Mar. 30 100* Jan. Mar. 26 7 July 28* Mar. 28 72 Jan. 50 Mar. 19 94* Jan. July Mar. 26 29M Re W I SS Lines Atlas Powder........... Mar. 31 Apr. 47* July 25 50 17,700 5% preferred ......100 242,600 Atlantic Refining 25 12,700 4% conv pref series A...100 ,171,200 7 20 28 25 19 25 Highest Sale Prices 19 Jan. 11 6 «!* 100 ex-warr July July July July July July 1 Sale Prices 10 Mar. 31 July 8* July 4* July 100 135.600 Atlan Coast Line RR 170 2,700 24.300 24,400 1,090 14,500 6,900 39 504,500 Atchison Top at S Fe______10« 52,300 8% preferred ....100 8,600 38,400 2,300 3,900 62,300 2,200 42,000 i 2,400 3,100 106,600 3,720 33,600 49,300 16,000 38,100 50,000 5,700 2,000 July 1 3* July 20 4* July 8 30* 116 July 14 120 94 July 5 100 7 5* July 12 45 July 14 58 205,300 Associated Dry Goods. 1 2,900 6% 1st preferred.......100 1,400 7% 2d preferred........100 3,300 Associated Investment Co..* 1,450 5% pref with warrants.. 100 1,200 360 16 800 7% preferred ......100 129,700 Armstrong Cork Co........* 35,000 Arnold Constable Corp.....5 41,800 Artloom Corporation ♦ 14,600 18,800 Lowest Sale Prices 18 July 2 26 . '25,166 Highest Sale Prices 7,500 Armour (Del) 7% pre# 100 408,850 Armour of Illinois 5 $6 convertible preferred. * 29,900 85,850 3,700 range since jan. Lowest ... 340 358,000 8,300 3,200 July 30 July 1 10,100 Andes Copper Mining Co..20 4,500 A P W Paper Co 13,800 Archer Daniels Mld_... • 780 Preferred ...100 3,200 1,200 3,100 ' EXCHANGE—STOCKS 11 Jan. Jan. 11 18* July July July 25 22 13 Jan. 10 tlP J* 10 25 May 25 27 Mar. 31 Mar. 28 22 Apr. 14 40 86 Jan. 17 20 June 18* July 20 19 Mar. 25 4* Mar. 31 107* Jan. 3 115 58 Mar. 31 Jan. 4 106 25 25 25 6 2 13 20 Mar. 30 11 July 5 Mar. 26 Mar. 28 Mar. 31 22 21 6 2V* 94 28 Mar. 26 Apr. 11 107 25 Mar. 26 18 Mar. 29 25 27 Jan. 12 July July July May July 25 25 25 11 20 Jan. 25* Jan. 72* July 25 25 July 25 July 25 Apr. 18 14 Jan. 12 7 21 3 July 25 July 25 July 25 8* Jan. 10 Mar. 31 6* July 25 June 15 104 Apr. 2 aug., 1938] AGGREGATE SALES 33 exchange—stocks a. y. stock RANGE SINCE JAN. PRICES IN JULY Price 1 Jan. 3 In Since July Shares 1938 July 1 Jan. 1 Shares N. Y. STOCK EXCHANGE 44,000 57,300 6,230 Par 243,300 Cerrode Pasco Copp * 1 174,800 Certain-Teed Prod 25,370 6% prior preferred '00 Champion Paper At Fibre Co 190 940 13,900 2,600 4,900 87,700 33,600 10,400 54,400 420,900 2,000 4,800 18,600 24,600 51,300 100 1,200 5,900 4,900 13,100 350 36*4 6*| 26 Ask Sale Sale Sale 10ti Sale 5 ...... Chesapeake Corp 8*4 Sale * Chesapeake Ac Ohio.......25 Sale ......100 Pref series A tChlc A East 111 RR 95 Sale 24*4 Sale 10*4 11 39*4 Sale 30 Sale 72 78 54 1 2*4 Sale *4 Sale 3*4 Sale Sale * 6% preferred Common Checker Cab 33,000 48,700 101,500 84,900 23,700 137,600 9,900 1,200 22,600 24,700 21,800 4,700 35,500 110,220 1,610 90*4 100 100 (Chicago Great Western. 100 6% preferred 4% preferred ..100 1,500 300 7,400 9,300 6,800 1,200 19,800 48,400 260 688,900 8,100 700 *4 Prior pref ($2.50 cum 100 2 *4 ...100 6% preferred 18 Chicago Yellow Cab. .......* 10 Gblckatha Cotton OH Chllds Co • Chile Copper.... ......25 Sale 9*4 Sale 12*4 13 3 54 Sale 35*2 60 2,871,200 Chrysler Corporation A 41,300 City Ice At Fuel............* 4,550 6*4% preferred.........100 47 58 62 230 City Investing Co........100 56 3 75 lo",700 44,200 City Stores 27,^00 Clark Equipment.. 8,500 660 4,750 31,800 5 * Cleve Elec 111 $4.50 ser pref..* Clove Graphite Bronze (The) I 100 Cleve Ac Pitts RR Co 7% gtd 50 168,700 Climax Molybdenum Co....* 8,700 10 31,500 50,100 97,800 150 Cluett, Peabody At Co......* 920 Preferred .....100 13,100 2,800 58,800 Coca-Cola Co (The)........* Class A ...♦ 7,000 64",800 238,000 Colgate-Palmoltve-Peet Co..* 10,300 6% preferred...........100 93,100 Collins At Mkman • 1,740 5% preferred ....100 Sale 11x Sale 17*4 Sale 19 105*4 107 20*4 Sale 82 ..... -520 - 210 Colonial Beacon OU Co 12", 100 • 44,810 Colorado Fuel Ac Iron Corp..* 6,670 Colorado At Southern.... 100 ; 4,119 4% 1st preferred.......100 1,930 1,590 430 4% 2d preferred........ 100 Broadcasting System Inc class A....2.50 42 Sale Sale 118 Sale 136 "8*4 Sale' 95 21 95*4 Sale 98 12*4 30 15*4 Sale 17*4 58 1,000 10*4 88 26*4 90 20 16 Sale 754 10 8 9*4 9*4 9*4 6,000 100 48,900 800 42,000 400 181,300 148,700 18,700 44,200 5,100 29,900 300 • 1,460 55,300 7,000 50 410 6,200 6.600 307,300 11,100 14,600 181,200 100 4,000 20,400 7,500 1,700 1.000 70,600 119,200 58,000 4,600 28.600 2,300 12,700 16,000 31,700 85,400 9,800 1,820 19,800 700 24,400 112,700 5,500 3,300 9,000 39,300 700 1,500 98,300 800 68,900 1,100 4,300 1,250 35,700 600 7,800 23,500 7,200 353,600 156,400 69,870 Class B 2.50 16,900 * 36,500 Columbian Carbon v t c 78,200 Columbia Pictures Corp vt c * 5,400 $2.75 conv pref...........* * 1,056,600 Columbia G Ac El common 19,000 6% pref series A........100 1,000 5% preferred .......100 10 179,800 Commercial Credit 4 *4% conv preferred 1,700 100 163,700 Comm'l Investment Trust..* $4.25 con\f pref ser of '35..* 4,200 458,600 Commercial Solvents.......* 878,200 Commonwealth Ac Southern * $6 preferred 108,600 • 197,800 Commonwealth Edison Co.25 . - 11,600 Conde-No8t 27,900 530 ...* 347,300 Consol Aircraft Corp... 1 * 30,300 Consolidated Cigar.. 520 7% preferred 100 4,330 6*4% prior pref........100 27,100 Consol Film Industry......) $2 partic preferred 27,300 ..* 1,223,900 Consol Edison Co of N Y <nc * $5 preferred 62,100 * 46,600 Consol Laundries Corp 6 729,500 Consolidated Oil Corp ♦ $5 preferred 1,100 52.100 Consol RR of Cuba 6% pf.100 * 135,900 (ConsolidatedTextile.. 34,900 Consolidation Coal Co vtc.25 31,800 5% preferred v t c 100 3,800 Consumers Pow Co $4.50 pf.* 240,800 Container Corp of America.20 * 331,500 Continental Bakcl A Class B ♦ 211,500 14,400 8% preferred........ 100 .... .... .... .. 165.600 Continental Can 11,500 48,300 89,900 131,600 393,900 22,550 9,180 ........20 $4.50 preferred...... 3,500 83,600 380,400 21,600 19,000 38,500 180,300 3,600 9,500 266,350 3,300 306,600 4,900 36,700 13,420 97,800 4,470 18,000 100,100 34,300 1,230,000 * Continental Diamond Fibre 5 Continental Insurance..2.50 - Sale Sale 92 Sale 66 43 Sale 48*4 3854 Sale 90 93*4 10254 53 43*4 Sale 99*4 102*4 106*4 34 Sale Sale Sale Sale Sale 7 Sale Sale 6 8*4 17*4 Sale 7*4 Sale 66*4 Sale 70 72 154 5*4 Sale 1*4 22 Sale 96*4 Sale 4*4 9*4 9854 3*4 *4 3*4 Sale Sale 104 Sale Sale 4*4 6*4 22 Sale 16*4 Sale 8 Sale 60*4 76*4 154 7*4 26*4 98*4 4*4 9*4 101*4 Sale 054 3*4 17 14 Sale 85 1354 3-8*4 Sale Sale 72 Sale 107*4 Sale 29 7 Sale 13 Sale 15 Sale 6*4 4 Sale Sale Sale Sale Sale W* 33 7*4 1154 1*4 38*4 26*4 7*4 24*4 il* 15*4 J* 66*4 81 1*4 754 28 on Sale 5*4 Sale 10*4 105*4 103*4 Sale 4*4 Sale Sale 17 4*4 19*4 89*4 88 Sale 2 Sale 15*4 2454 2*4 90 Sale 99 Sale 47 *4 Sale 110*4 112 8*4 Sale 83 Sale 6*4 July July 7*4 July 12 13*4 July Sale 15*4 July 9 7 54 July 68 60*4 July 82*4 76 July 154 July 654 July Sale 26*4 July 99*4 9754 July Sale 4*4 July Sale 9*4 July 110 103*4 July 5 4 July Sale *4 July 3*4 July Sale 15*4 July Sale 87 July Sale 1354 July Sale 1754 July Sale 2 July 101 88 July 2|M 44*4 Sale 1*4 Sale 31*4 Sale 15*4 47 *4 Sale Sale 51 July July 32*4 July 1*4 July 8 35*4 Sale 17*4 Sale Coty, Inc Crane 5% 1 4*4 32*4 preferred Cream of Wheat ctfs 24 Crosley Radio..............* Crown Cork Ac Seal..... $2.25 pref conv w w__ Zellerbach $5 . » 31 28 Sale 35 30 10 8* 50 34*4 80 81 100 33* Sale 36 Sale 80 Sale 76 85 80 * 8*4 Preferred Sale *54 9 71*4 19 45 Sale 5 690 Cushmans Sons 7% pref.. 100 500 $8 preferred... ...._._..* Sale 654 46*4 5*4 20*4 1 Sale 22*4 Sale 63 IV* 23 102*4 Sal# p.. i Sale Sale 33*4 Sale • Sale 65 16*4 6*4 Sale ..1 12,200 Davega Stores Corp ...5 Conv 5% preferred......25 6,100 38,500 Davison Chem Corp (The)..l 2,070 Dayton Pr Ac Lt 4*4 % pre 100 8* 16 ♦ ...... Sale 60*4 50 Publishing Co (The)* Curtiss Wright Corp... Sale 4*4 100 Cudahy Packing 40. 25 34*4 34*4 ............100 Preferred see page 2454 Sale Sale Sale 111*4 Sale Cuba Co (The) Class A 25 9*4 Cuba RR 6% preferred... 100 Cuban American Sugar....10 Curtis 33 111 32*4 pref conv July July 12 5*4 Juiy 27 July 14 112 July July July July July July July July May 4 6 June 14 27*4 Mar. 30 June 18 Apr. *4 Mar. 1*4 Mar. *4 Jan. 254 Mar. 1 July 8*4 Mar. *4 Mar. 54 Mar. 54 Mar. 2 Mar. 6*4 Mar. 26 18 23 26 26 22 70 1 31 28 26 29 31 31 22 27 3754 June 9 54 Mar. 31 1*4 Mar. 28 19 21 26 Mar. 30 1 Mar. 28 Mar. 25 Mar. 29 8 12 3*4 Mar. 30 May 31 3554 Mar. 31 25 10 Mar. 30 59 Jan. 5 Mar. 22 Mar. 24 54 2 1054 Mar. 26 106 70 32 25*4 6 Sale 654 15 13*4 1454 8 Sale 1054 106*4 107*4 107 Sale Sale 75 44 Sale 8 16 Sale 1 8 2254 2254 98*4 16*4 3554 854 69*4 1 63 2 1 1 27 27 1 49*4 7 103 1 5454 2 107 1 12*4 27 154 30 44*4 27 32754 8 8 1 28 8 8*4 14*4 1754 10*4 27 29 11 1 8 1 9 1 12 67 82*4 154 854 30*4 99*4 1 July July July July July July July July July Juiy July July July July July July July July July July July July July July July July July July July 19 Jan. Mar. July May Mar. May Mar. June 3 30 8 5 30 31 31 31*4 Mar. 31 90 48*4 July 16 112 July 11 11*4 July 5 1 36 July 1*4 July 1 3554 July July 12 19*4 July 1 47*4 July 53 July 1 36454 july 6954 July 165*4 July 29 16754 July 5 4*4 July 5*4 July 3154 j^y 12 36 *4 July 1 113 102 July July 24 July 23 25 July 5 9 July 10*4 July 1 38 32*4 July July 1 31 July 36*4 July 2 29*4 July 34*4 July 1 11*4 July 14*4 July 79 Juiy 18 82 July 32 July 12 3854 July 78 July 12 85 July 5 *4 July J* July 754 July 27 954 July 1 454 July 6*4 July 8 61 *4 July 76 July 16*4 July 11 2154 July 5*4 July 15 7*4 July 4354 July 15 4654 July 1 6 4*4 July July 5 1954 july li* July 63 1 July 70 July 2 40 29*4 July July 23 1 July 2854 July 6 1 Juiy July 14 6 July July 8 1 July July 105 July 11 107 H July i! 8 Mar. 31 July 19 Mar. 12 July Jan. May July July July May 976 May 1354 July 95*4 Jan. 3754 July ilSS \l'A 29 27 11 22 29 30 17 5 25 Jan. 4 29 22 8 Jan. 10 June 30 July 19 July 19 98*4 July 25 16*4 July 19 3554 July 19 iWA 28 Mar. 29 454 Mar. 30 Mar. 29 Jan. 5 Mar. 26 4*4 Mar. 26 Mar. 31 July July 13 15 29 29 29 UH July 29 1 3*4 Apr. Mar. 29 1 7 27 28 71 26 25 19 21 1 Mar. 29 Mar. 31 22*4 Mar. 30 25 20 20 5*4 July 18 26 July 19 5 July 27 1 July 16 8 103*4 July 25 28 25 22 17% 2!h Feb. Mar. 30 49*4 July Mar. 28 103 July 4*4 Mar. 29 55 1 Apr. 21 12 60 Jan. Jan. 11 1054 July 13 5 103*4 July 5 1 5*4 July 25 1 1 _54 July 1 o July 21 6 19*4 July 20 27 July 5 13*4 Jan. 74*4 July Jan. 5*4 Mar. 30 17 July 27 75*4 July 25 65 11 25 42 nV* 79 21 1 1 Mar. 29 15 25 6 7 12 iJan. 12 1254 19*4 July 26 1054 July 30 15 29 6 27 20 12 29 13 22 Feb. 13*4 Mar. 29 21 10 22 20 Jan. 84 6 5 10 854 Jan. 29 20 Jan. 20 23 7 1 1*4 Jan. 154 Jan. 5*4 July 16*4 July 37 July 44 July 1*4 Jan. 3 July 2*4 Jan. 29 25 19 5 1*4 Feb. 23 7 July 1*4 Jan. 10 5*4 Jan. 10 254 July 18 15*4 July|l9 4 June 24 18 9 1 Jan. 12 Mar. 30 Mar. 31 1 Apr. Mar. 25 13 29 89 Jan. 96 1 5354 Apr. 9 Mar. 30 27 1 Apr. 5 Mar. 30 57 3 May 50 May 16 7 July 20 Mar. 12 Jan. 17 29 19 19 Mar.w4 30*4 1254 48*4 38*4 7 112 Apr. Mar. 26 2754 76 2 July Mar. 29 4554 Mar. 31 25 19 49*4 July 125 10*4 July t25 40 July |23 1 106 June 18 22 7 ,1*4 July : 3 7 July 7 2*4 July 11*4 July 29 19*4 July 26 1054 July 30 42 July 27 75*4 July 25 1154 July 1 74*4 July 19 14 Sale 5 Corp Crucible Steel of Amer Preferred. Sale * Preferred ex-warrants....* Crown 44 31*4 July 68*4 Sale 164*4 167 Sale" 4 54 Sale Sale 100 * Sale Sale 165 ......25 Co conv Sale 29 44*4 July 30 109 110*4 111 10*4 Sale 34*4 Sale J* 22 I* Sale .25 16*4 july 20 37 41 1754 July 17*4 July July 14*4 13*4 July Sale 33 July Sale 7*4 July 67*4 66*4 July 63 60 July Sale 38*4 July 105 94 July Sale 4354 Juiy 115*4 102*4 July Sale 8 July Sale 1*4 July Sale 38*4 July Sale 25*4 July Sale 100 1454 6*4 4*4 July 17 July 94 Continental OU of Del.....5 .... 1*4 10 __ 94 22 Continental Steel Corp ..* Corn Exch Bank Trust Co..20 . 154 68 Sale Sale Preferred 54 108*4 July 33*4 Sale 3 14*4 20*4 Sale 19*4 20*4 Sale 7*4 Sale 1 July 6 July 7 July 20 July 25 July 25 July 11 1 July 2 4 July 7 1 July 20 5*4 July 25 254 July 8 15*4 July 19 *4 July 22 1*4 July 2u 154 July 5 5*4 July 22 97*4 30*4 1254 44*4 3554 75*4 niSi'' 60 107,600 Cutler-Hammer, Inc., new..* 42 Sale 5*4 1 13*4 54 1*4 July July July July July July July July July July July July July July July July July July 21 July 16 July July July July July July July 26*4 Mar. 29 4*4 Mar. 30 17*4 Mar. 31 5 2754 29 July 15*4 2 2 67*4 67*4 July 67*4 2 July 14 4354 32*4 Sale Sale 1 22 22*4 17*4 July 2554 10*4 Sale 124 120 29 Ill 116 July 18 120*4 Sale Sale 141 5 141*4 30 134 July 105*4 8 25 58*4 5854 58*4 57*4 July 58*4 57*4 1,000 976 Sale 12*4 Sale 10*4 July 1354 July 25 7*4 94 95 91 July 90*4 95*4 July 21 78 Sale 24*4 July 36*4 Sale 3754 july 29 13*4 91 Sale 95 90 July 95 July 25 8754 26*4 26*4 20 Sale 17*4 1.6*4 15*4 July 1 18*4 Juiy 25 9*4 Sale Sale 7 6*8 July 14 8*4 July 22 3*4 Sale 9 1254 July 6 9*4 11*4 July 21 4 Sale 9 July 28 9*4 9*4 July 1 , 7 5*4 83 26*4 38*4 2954 75*4 *4 254 54 3*4 49*4 July 25 10*4 July 25 July 23 40 62 4*4 Sale 23*4 24 7*4 67*4 22 Sale 72*4 Sale 49 Sale 1754 Sale 18 ,17*4 Sale 1 July 24 54 July 11 July 1054 14 93 1 5 2 11 31 Sale 42*4 July 8*4 July 30*4 July 70*4 Sale Sale 90 Sale Prices 34*4 59*4 Sale 711,900 For.footnotes Sale .....1 Continental Motors 116.800 Corn Prod Refining. 70 600 Publlc'ns 96,700 Congoleum-Nalrn Inc......* * 3,600 Congress Cigar... 3,190 Conn Ry At Ltg 4*4 % pref. 100 Sale Highest Sale Price 40 *4 Sale 27*4 35 8*4 Sale 72*4 Sale ..... 20 17,800 2,900 17*4 Sale 17*4 Sale 67 12 10 42 38 Lowest Sale Prices 32 *4 Sale 2*4 2*4 154 2 10*4 11 18*4 Sale Sale Sale 10 Sale Sale > Columbia 20,170 5,000 4,400 29,100 900 276,200 37 44 109*4 Sale 112*4. 22*4 Sale 26*4 67*4 69 60*4 113 68 54 42 59*4 Sale 11*4 Sale 70*4 Sale 49 62 4*4 Sale 19*4 sale 14 111 57*4 1 3*4 *4 4*4 154 Sale 35 44 Sale 30 Sale • 50 . 2*4 1*4 9*4 14*4 6*4 "37*4 10 Coca-Cola Internat Corp...* 2,500 42,200 Sale 1 .100 7% prefferred ----- 154 1*4 Sale 4*4 4*4 14*4 Sale 14*4 Sale Sale 33 40 divs).* . 77*4 *4 Sale 1*4 Sale 3 .......100 preferred........* tChlc Rock 1st At Pac - Sale 54 1 Chicago Pneum Tool conr 32 Highest Sale Prices 95 12*4 43*4 40*4 1*4 Sale 5% preferred ...100 (Chicago dc North West..100 S3 12 _ 13*4 Preferred... Lowest 97*4 100 25*4 28 Sale 1 5 tChlc Mil St Paul Ac Pacific.* Chicago Mall Order Co July 30 Ask Ask Bid 46*4 Sale 42*4 Sale 9*4 Sale 8*4 Sale 31 Sale 35*4 37*4 Bid 550 (Chic Indtanap At Louis pf 100 18,600 7,100 22,500 18,700 7,100 35,600 . Bid Jan. 45 8 i!8 m 3 May 11 May 11 July 20 July 21 July 13 July 6 Jan. 17 July 21 68 Jan. 82*4 1*4 854 30*4 July 26 Jan. 15 11 July 25 July 25 88*4 Apr. 16 100 2*4 Mar. 30 654 7 Mar. 30 1054 9854 Mar. 24 103*4 254 Mar. 31 *4 Mar. 21 2*4 Mar. 19 Jan. Jan, Jan. 12 10 Jan. 12 Mar. 31 5$ 22 June 30 July 21 July 13 July 5 7 4 78 Apr. 18 954 May 27 89*4 July 5 July 19 854 Mar. 26 July 27 1*4 Mar. 29 July 16 65*4 Mar. 31 103*4 July 25 m Mar. 30 49 June Jan. 5 112*4 June June 17 11*1 July Mar. 30 36 July 8 May 26 25 25 13 Mar. 30 Mar. 26 28 26 25 15 m July 25 July 25 56 Jan. 23 Apr. Apr. 22 Apr. 12 16754 July 22 25 1 1 154 Jan. 30 Mar. 26 31 12 6954 July 23 July 25 36*4 July 19 July 25 19 Jan. 25 Jan. 11 7 25 Mar. 31 113 Mar. 5 25 Mar. 31 10*4 Mar.30 July Jan. 7 17 29 Apr. 13 Jan. 4 25 Apr. 19 P 19 Mar. 29 Mar. 29 Mar. 31 Apr. 8 26 June 20 14 Mar. 31 Mar. 29 7 19 25 14 18 May 31 May 25 25 Mar. 31 16 19 19 25 20 23 25 20 26 29 2 June Mar. Mar. ! Jan. Mar. Mar. Mar. Mar. June i Jan. i rA 1 8 82 July 25 July 19 July 19 4454 Jan. 11 Jan. 17 Jan. 13*4 Feb. 7 7 14 9t% 87^ 7* 50*4 July Jan. 3 July 18 Jan. 12 Jan. 18 19 25 4 July July July July July July July July 25 20 26 29 3 June 7 30 30 11 31 31 29 29 ?4o* 40 lis 20 23 44 N. Y. STOCK SALES AGGREGATE In July Shares 200 30 74,900 1,700 4,000 520 new........— 18,360 Dexoe Ac Reynolds A * 35,800 Diamond Match.... ---• 19,700 Participating 6^ Pref..25 58,600 Diamond T Motor Car Co...2 137,600 Distil Corp-Seaftramn Ltd...* 7,600 5% pref with warrants. 100 9,050 Dixie-Vortex Co............* 2,390 Class A ...........—* 40,600 Doehler Die Casting Co.....* 80,000 Dome Mines, Ltd. new * 12,000 Dominion Stores Ltd ' 1,009,300 Douglas Aircraft Co Inc....* 51,200 Dow Chemical Co * 4,400 Dresser (S R) Mfg conx cl A..* 26,600 Class II • 10,700 Dunhill International......1 2,200 Duplan Silk .....———* 160 8% preferred 100 567,900 Du Pont de Nem Ac Co (EI).20 9,900 6% non-xoting deben.-lOO 20,500 $4 50 preferred ...——* 4,360 Duquesne Light 5% 1st pf.100 73,200 103,800 1,640 20,100 15,000 170 840 500 ~ 1,100 300 13,000 32,300 16,500 7,900 3,900 34,600 48,300 1,400 1,860 23,800 14,900 6,600 99,000 38,000 26,100 95,100 188,600 7,900 10,290 113,100 50,500 20,900 1,360 4,600 340 1,100 400 "17",200 53,500 28,800 47,200 24,100 9,900 57,400 10,800 12,800 9,200 1,800 8,400 44,200 122,700 10,200 35,500 353,800 14,000 1,800 20,900 28,800 4,890 171,800 140 950 600 3,100 3,700 880 2,700 90 19,000 < 300 21,900 56,500 140 12,100 47,800 13,100 530 301,800 46,100 2,900 19,800 10 7,100 1,100 726,900 6,400 3,200 26,600 12,600 24,400 61,000 2,600 37 if* 2954 40)4 14)4 >8)4 14)4 32 35 11 Sale 69)4 15)4 31X 18)4 19)4 50 Sale 58 Sale 554 18)4 57)4 50)4 .0)4 254 .0)4 Sale Sale Sale Sale Sale 3 11 6)4 3854 Sale 90 Sale 18 21 Sale 854 ii* 150 Sale 1354 32)4 32 23)4 32)4 5)4 49)4 132 Sale Sale Sale Sale i35)4 20 24 12 Sale 4 3 10)4 14 110 112 115 >2 108 102 11154 132)4 Sale .854 13)4 Sale Sale no 112 .6 Sale 12654 Sale 134 X 135)4 1165h 120 11554 116 Sale .6 11154 Sale » Sale 6)4 Sale Sale Sale Sale 169 54 159 166 Sale Sale Sale 18 Sale 354 Sale 20)4 Sale 9)4 Sale 6)4 554 July 168)4 July 165 July 17)4 July 354 July 20)4 July •8)4 July Sale 177 Sale 168 171 2054 Sale 454 Sale 27)4 Sale Sale 1154 Sale 1154 Sale Sale 43 Sale 40 Sale 11)4 38)4 Sale 36)4 Sale 37 Sale 36)4 Sale 28)4 Sale 29)4 "Is" Sale 1)4 154 23)4 Sale 24 4% 1st preferred..—-.100 4% 2d preferred —100 Eureka Vacuum Clean......5 Sale Exans Products Co.—.——5 —.3 Exchange Buffet Corp.... * Fairbanks Co 8% pref ....100 . 34)4 Sale 102)4 104 4)4 Sale 44 48)4 46 55 54 62 2 2)4 6)4 954 Sale 7 Sale 354 754 Sale Sale IX Sale Sale 3 41 .06 Sale Sale 108 754 o?* 58)4 56)4 2)4 2)4 5)4 354 60)4 64)4 Sale Sale Sale Sale Sale 59 454 Federal Screw Works * u Federal Water Serxlce A * Fllntkote Co IX 16 68)4 Sale 3)4 Sale Sale July July 754 July 38)4 July 28)4 July 40 July 10)4 July 17 54 July 75)4 July 15 July 33)4 July 24 July 33)4 July 6)4 July 54)4 July 14034 July 24)4 July 14 July 3)4 July 11 July 109 July 13254 July 13554 July 117 July 116 July 4 734 July July July 2154 July 554 July 28)4 July 10 July 14 181 11 171 6 1 1 6 Highest Highest 20 15)4 17X 8)4 2)4 25 10 6)4 Mar. 25 154 May 6 8)4 Mar. 28 102 Apr. 23 90)4 Mar. 31 13054 Mar. 31 109)4 Apr. 1 11154 Jan. 3 25 25 3)4 Mar. 121)4 Mar. 181 Jan. 171 * 14 25 25 25 25 1354 May 27 1954 Mar. 29 9 Mar, 30 734 Mar. 29 4 Mar. 31 1 Mar. 26 Mar. 31 108 76 2)4 May 31 454 June 11 25 2054 31)4 Mar. 30 Jan. Jan. 3 5 5 Mar. 30 11 Mar. 18 65 X June 17 13 )4 May 25 87)4 15 157 11 12 Jan. 12 4)4 Jan. 24 754 July 39X Feb. 28)4 May 40 July 10)4 July 1754 July 75)4 July Jan. 17 6 28 6 27 29 25 30 12 2 34 Jan. 12 24 July July 29 29 5 2 33 8 Mar. 30 54 27)4 July 4)4 June 31 Jan. Jan. Feb. Jan. Mar. 30 2854 June 12 23 25 X Feb 25 Jan. 20 27 25 25 21 25 22 2 6 7 27 27 29 25 30 7 22 29 29 1 25 7 19 19 26 8 6 25 20 6 1 2)4 Food Machinery Corp.—.19 30 Sale 100 89 Sale 4)4% conf pref— Footer- Wheeiec Sale 10 76 conx 10 <8* 22 X General Ry Signal * Sale 46 Sale Sale 354 Sale Sale 85 16)4 8954 254 30)4 98)4 17)4 61 4)4 28)4 28)4 2)4 4)4 1454 12)4 90 1954 20 J* 90 40)4 Sale Sale 15)4 93)4 Sale Sale 49 Sale 95 100 Sale 4554 Sale 121)4 Sale 130H Sale 2054 21 64 n!H 10H 73 Sale 120 40)4 Sale 30)4 Sale 106 4)4 4)4 oA* Sale 50 X 118 Sale 50 119 29)4 Sale 11254 Sale 30 2654 Sale 9)4 103 154 1854 100 3» 21 Sale 122 Sale Sale Sale Sale 26 113)4 40)4 •*i8 454 154 85)4 33)4 20 22)4 94 33 22 27 17 1 1 27 1 1 1 6 6 1 8 1 1 27 n1 \%i ) 6 14 8 26 90 Sale Sale 254 75 27)4 Sale Sale Sale Sale 1 Sale 36 654 9)4 2 Sale 20 154 IVi 105 Sale Sale 59)4 38 AX Sale Sale 50)4 Sale Sale Sale 121 4354 Sale Sale ..... Sale Sale 21)4 28 X 2354 UK Sale 103 Sale Sale 40 63 61)4 12054 123 36)4 Sale 118)4 "13" A" 3554 1 1 1 IP Sale 95 Sale 100 Sale Sale 24 Sale Sale Sale Sale Sale Sale 20 99 21 Sale Sale Sale 99 H 15)4 Sale 8)4 Sale 58)4 Sale July July July July July July JUy July July July July July July July July July July July July July July 254 July 5)4 July July 8 18 July July 13 July 2 1554 July 48 34 July 834 July 100 July 5134 July 1134 July 135 July 554 July 13)4 July 2654 July 61 70 July July 27 25 July July 113 118 July July *44 July 3934 July 33 July 36)4 July 111 10854 July July 1)4 July X July 35)4 July 35)4 July 61X July 6754 July 124 12054 July July 4454 July 3634 July 12054 July £11834 July 36 45 July July 9)4 July 634 July 9 12)4 July July 104 105 July July 254 July 1X July 2454 July 19)4 July 95 95 July July 234 July 154 July 21 x July 2454 July 28 July WA* July 28 July 23)4; July 1654 July 13)4, July 18 X July 20 July 99 99 July July 16 13 July July 7 54 July July .56 July July 2)4 July 4)4 July 1454 July 18 13)4 July 100)4 9334 July Sale 5h July 14)4 July Ik* 48 50 July Sale 754 July 9754 July 98)4 Sale 45)4 July Sale 854 July 148 122 July Sale 4 July 10 1254 July Sale 21 July ** Sale 32 8 14 x21 X 1 23 % 1 96* 20 Sale 90 24 5354 19 July 8854 80)4 July 34)4 33* July 25 £21)4 July Sale 20)4 July 9554 85)4 July Sale 29 July Sale 18)4 July 28 25 July Sale 99 Sale 2454 TS 1 1)4 July Sale 33 Sale Sale 100 8 20 "354 July' "I "lx 1 354 July i¥s 29 2 Sale 109 101 1 j)0)4 Sale «§* 97 Sale 30 7 27 J* 6 47 Sale 24 X 8 95 15 5)4 Sale 115 86 92 1 16)4 July 16 19 2 2 Sale ,2)4 July 12 29 31 July 14 31 30)4 Sale 5 103 102' 10354 100)4 July Sale 1 22 19 17 X July Sale 66 1 Sale 61 72 71 July 5 2 454 354 3)4 July 40 35 35 July 13 29)4 8 29 Sale 2854 27)4 July Sale —• 1254 84 12 11 7 20 2 2 26 20 7 22 25 1 29 23 25 7 11 7 7 14 25 27 19 1354 July July 4154 July 30)4 July 2 July 26 July 44)4 July 108 X July July 56 X July 62 July 66) July 2 July July 7H July July July July July 234 July jx July 25 3754 July 21 34)4 July 19 15)4 July 20 82 July 1 92 July 6 Sale 91 16 25 tFollansbee Bros ,154 6)4 8 27 1 3)4 July 17 30 17 2)4 14 2 1 25 Sale 8954 Sale 86 354 Sale 354 Sale 1)4 Sale 18 IX July July July July July July July July July July July July July July July July July July July July July July July July July July July 21 Sale 19"" (The)...—....* 6% preferred 104 29 28 Sale 6% preferred 8)4 July 2 54 July 82 Sale 20 Sale Sale Sale Sale 28 Florsheim Shoe (The) cl A__* 7% 12 23 % July 24)4 July 15 July 17)4 July 79)4 34)4 1354 20)4 85)4 29)4 1854 6954 ....• Florence Stoxe Co———* 5 88 85 97 2)4 6% preferred series A—100 Sale 80 70 94 254 554 3)4 454 9)4 79 105 "60"" • First National Stores 354 Sale 13 80 Federal Motor Truck 2)| Sale Sale 11 74 preferred—......-100 554 3)4 64)4 30 28 8 4H% 3 58 68 8 854 3454 Sale 33 3054 14)4 13)4 Traction..15 Federated Departm't Stores.* 254 63 it* Sale * 56 15)4. Sale Sale 100 : 63 Sale 29 ...— 40)4 106)4 554 57 M Sale 154 2 7)4 Sale 30 — if* 10 30 Preferred 1)4 6 Sale S6 preferred.... 2854 23 107 54 27 Federal Mining Ac Smelt..100 4454 Sale 28 Light At 31 154 Sale 6)4 * Fairbanks Morse At Co.. 3 3 56 Fajardo Sug Co Porto Rlco.20 federal Sale 9 14)4 Ex-Cell-O Corp 95,900 General Tire Ac Rubber Co..5 200,200 Gillette Safety Rasor ......* IS conx preferred.........* 15,200 Sale ll8 257,900 Gen Realty & Utilities Corp.1 $6 preferred 35,500 177,300 General Refractories.......* 61,520 Gen Steel Castings $6 pref..* 57,000 Gen Theatres Equip Corp...* 6,200 Gen Time Inst rum Corp....* 80 13 Wi 36 33 26 X preferred-............-* ... ..... 72,600 3 avA Sale Light.....—* 16 53,800 General Printing Ink 1 $4 preferred.. 3,120 • 41,700 General Public Service.....* H 900 10 36 Sale - 40 47,400 7,010 16,200 Sale 57 $7 preferred-.............* Elec Power Ac .....— 140 35,500 4,300 14 Sale * 1,851,800 General Electric * 220,100 General Foods $4.50 preferred * 3,400 119,100 General Gas At Electric cl A.* 140 $6 conx preferred A——* 22,000 General Mills-.............* 3,460 6% preferred-......—.100 2,780,200 General Motors Corp——10 Preferred (6) ......* 36,800 17,300 Gen Outdoor Adxertlslng. A* Common * 57,000 13,300 19,600 1 Jan. 27 Mar. 26 Jan. 20 July 140 July 24)4 July 14 July 3)4 Jan. 11 July 25 7 115 Jan. 27 13254 July 25 137 19 19 8 8 Mar. 16 117 July 116)4 Mar. 6 1 7X Jan. July Apr. 2154 July 554 July 28 X July 1054 Jan. 10)4 Mar. 2 Mar. 13 X Mar. 6 Mar. 12 25 20 25 25 25 Jan. 11 7 Ind— shares........— * 184,900 General Cable Class A * 59,900 Preferred 7% 100 6,900 19,100 General Cigar Inc.......—.* Preferred (7)— .....100 1,930 1,200 2,400 107 6 21X Sale 3054 31X 6)4 Sale 12)4 Sale 68)4 75 15)4 16 X ..... 300 354 l'A 354 American ........3 51,300 Gar Wood Industries Inc...3 4,800 Gaylord Container Corp....5 400 5)4% conv pref.. 50 69,800 Gen American Inxeutore....* $6 preferred 2,900 ......* 99,400 Gen Amer Transp Corp...—5 5 150,100 General Baking Co $8 1st preferred..........* 1,000 5 43,100 General Bronx® 3,800 100 July 12 July July July July July 94 July 3)4 July 7 July 34 July 26 July 36 July 8 July 14)4 July oy?4 July 6954 juiy z 13)4 July 28 31)4 July 2 18)4 July 27 X July 554 July 4754 July 126)4 July 2054 July 10)4 July 254 July 11 July 108 July 116 ? July £133)4 July 11454 July 11554 July Sale (3 preferred .........10 * 4,440 Gamewel! Go (The) 470 Gannett Co Inc conx $6 pf._* 30 1)4 "33"" Sale" 1654 Sale Lowest Sale Prices 1954 22)4 1154 12)4 654 154 10 16,700 15,700 454 Highest Sale Prices 15X 8)4 28,300 Gabriel Co (The) Class A—* —.1 119,200 Gair Co Inc (Robt) 34,900 5,200 1,310 Sale 3 11 * 6 * (The)—5 147,600 Freeport Sulphur Co 7,000 Sale Sale 5 preferred.....—* 16,800 Francisco Sugar Co—.....* 1,250 Franklin Simon pref......10« 26,300 Sale Sale 2154 Sale )4 Sale Sale Sale Sale 14 Sale Sale Sale 7 161 153 16 Fidelity Phenix Fire Ins.2.50 110 Fllene's (Wm) Sons Co * Firestone Tire Ac Rubber—10 10 35,600 2,800 6,700 103,800 3,300 Ask 51 IX 95 100 4)4 11 Co. of N. J.* 28,900 Elec Storage Battery.. * 10,500 Elk Horn Coal Corp new—* 99,700 HI Paso Natural Gas Co 3 4,600 Endicof t-Johnson 50 2,280 5% preferred —.—100 498,700 Engineers Pub Serxlce..—.. 1 10,400 $5 conx preferred ...—_.* 8,850 *5.50 preferred w w—....* 2,600 t6 cum preferred ...—* 65,500 Equitable Office Bldg ----171,100 Erie Railroad 100 83,500 - 6 54 Mills-.--—5 Elec Ac Musical 55,800 1,385,300 192,300 86,200 12 15 Id Lowest Sale Prices July 30 Ask Bid 5254 L254 L25i 654 1)4 2154 Sale 22 54 Sale Eastern Rolling 98,800 Kltlngon Schlld 272,800 Electric Auto Lite 415,600 Electric Boat.. July 1 Ask Bid Eastman Kodak 6% preferred—...——100 79,600 Eaton Mfg. Co......—.....4 20,900 35,200 106,600 73,800 7,800 316,900 51,600 17,800 6,800 3,400 25,400 1,500 * 670 Detroit Ac Mackinac Ry Co 100 140 referred ...100 50 240 Deere Ac Go ..... 170 12,300 62,800 3,200 170,100 9,400 1,200 6,500 V 2,100 Par 41,200 Preferred --2® 14,000 Oeleel-Wemmer-CJllbertCor plO 171,100 Delaware fit Hudson 10# 50 197,700 Del Lack Ac Western 10,900 tDenxer RIoGrAc Wen pref 100 21,800 Detroit Edison 100 49,700 2,500 1,700 5,040 6,100 4,800 27,200 39,000 1,000 2,500 1938 1,106,200 185,400 3,300 2,900 53,800 RANGE SINCE JAN. Price Jan. 3 Jan. 1 Shares PRICES IN JULY STOCKS N. Y. STOCK EXCHANGE Since EXCHANGE-STOCKS 1 1 1 20 22 2 19 12 25 25 18 21 Mar. 31 17' Mar. 26 Feb. 3 33 Apr. 94)4 Apr. 2)4 Mar. 38)4 Mar. 40 Mar. 46 Mar. 4 1354 X 4154 31)4 45 2)4 5)4 10)4 1)4 3 )4 19)4 22)4 6)4 67 52)4 96)4 2)4 1X 1)4 12 X June 4 .Mar. 26 Mar. 31 Apr. 9 Mar. 31 Mar. 30 May 27 May 31 Mar. 30 Apr. 11 Apr. 5 Feb. Mar. Mar. Mar. Mar. 67 X Jan 2 26 Jan. 2 June is UH 1654 2)4 11X 3754 34 X 15)4 82 92 99)4 4)4 26 4 90 454 2)4 3554 1 £21)4 16)4 Mar. 31 76 Jan. f 854 Jan. 30 30 31 30 22)4 Mar. 30 15 20 2 2 Mar. 7 July July July 5 108)4 July 7 < July 29 31 57)4 June 31 62)4 July 6654 July 29 154 June 21 254 Mar. 30 2 July July July 6 1 )4 Mar. 29 Apr. 14 24)4 Mar. 30 10)4 Mar. 26 1954 June 13 30 23 25 11 3 6 Jan. 6 Jan. 13 July July July 25 27 19 Jan. 12 July 21 Feb. 19 July July July May July July July July July July July 20 1 6 19 25 25 1 21 27 25 14 25)4 Jan. 96 X July 25 Feb. 11 July July 20 20 Mil 8* 15 5 Jan. 10 33)4 Jan. 85 Mar. 25 103 July 22 11 Mar. 31 July 71 50 Mar. 29 July Jan. 2)4 Mar. 31 10 Apr. 7 1X Mar. 26 18 Apr. 13 19)4 Mar. 30 *7$ 9)4 Mar. 85 Mar. 4)4 Mar. Mar. 13)4 June July 4)4 Mar. 48 82 Mar. 29 Mar. 6)4 Mar. 115 Apr. 2)4 Mar. 554 Mar. 11 Mar. 35 Mar. 20 X Mar. 108 X Apr. 27)4 22X 10854 54 25 Mar. Mar. June Mar. Mar. 5054 Jan. 118 Jan. 25)4 Mar. 111)4 Apr. 21)4 Mar. 4 Mar. 654 101X IX 1254 3 Mar. 29 1 X Mar. 2)4 Mar. Mar. Apr. May Mar. 85)4 Mar. J* July 30)4 July June 25 49 8)4 July July 51)4 July 11)4 July 135 July 554 July 13 X July July 100 Jan. 24 Feb. 23 120)4 Feb. 11 45)4 Jan. 10 36)4 July 20 111 July 29 154 Jan. 11 July 9 July 30 124 July 28 4454 July 25 12054 July 28 45 July 22 9)4 July 23 12)4 July 22 67)! Feb. 106 254 Julyv 11* 21 25 25 20 Mar. 8] 14) 98 Mar. May 20 June 9 Mar. . Jan. 100 ( JUfie 16 ' July 11* 7 15 I- Mar. Mar. 3 Jan. 13 51 27 28 25 19 20 28 Mar. 6)4 June 27 12 25 ggx 72 1 Mar. 12 15 25 2 254 July 5)4 July 19 July 7 18 July. 20 93)4 July 13 July 25 July 19 Juiy July July 8754 July 2854 Jan. 1654 July " 12 25 25 18 13? 153 13 14 25 25 25 20 7 22 25 1 Jan. 15 25 25 Mar. 31 10 6?* / 25 20 22)4 Mar. 31 18 , - 25 25 1 21 27 25 14 25 25 2)4 May 27 6)4 Mar. 29 Feb. Feb. 10 20 6 8 25 26 26 AGGREGATE SALES In N. T. STOCK EXCHANGE Shares 265,800 Glmbef Brothers...........* $6 preferred..............* 19,900 134,700 Glldden Co (The) coot preferred.!..—50 5,100 900 56,900 Gobel (Adolf)..............1 I 61,500 Goebel Brewing Co 320 Gold & Stock Teleg Co...100 499,300 Goodrich (B F).............. $5 preferred 47,100 19.900 16,000 50 160,700 19,700 215,600 5,200 14,000 Goodyear T ft 760,300 55 21,600 42,100 * R preferred..............* Gotham Silk Hosiery......* Preferred 450 10 July 1 1938 Par ....100 Ask Bid 6)4 Sale 51 46 Sale 48 5\X V* AV* Sale 92 w Sale lly* Sale 76 3H 55 47 Sale «!* Bid 9 Sale 50 Sale Sale Sale 44 294 Sale 3 6394 Sale 6994 22 m Sale 66)4 Sale 22 X 89 X Sale 27 Sale Sale 96 Sale 5. Sale 68 1 Sale Sale 2 5 Sale 26 620 127 X 129 Sale 50 80 Green Bay Ac Western RR.100 40. MX 35 40 15,600 1 58,900 Green (H L) Co........ 360 Greene Cananea Copper..100 838,700 Greyhound Corp (The).... 90,300 5)4% preferred ......10 ....—* 21,600 Guantanamo Kigar 1,280 8% preferred .....100 15,500 Gulf Mobile Or Northern..100 10,100 6% preferred.........—100 Sale 20 Sale 57 40 — 70 437,000 26,900 3.900 330 4,800 :' 2,400 4,600 Hackensack Water...... ..25 Preferred A........... -.25 1,510 -10 37,200 Hall Printing Hamilton Watch........ ...♦ 6,700 : Too 880 6% preferred 700 60 10,000 1,400 ........ 150 780 Henna (M f\i Cc !* pref. ...* 15,200 88,800 Harbison Walker Refrac. 10 220 6% preferred.......... 21,400 Hat Corp class A 1,480 6)4 % preferred w w 49,310 Hayes Body Corp........ 8,600 Hazel-Atlas Co.......... 144,300 Hecker Products Corp 2,800 Helme (G W)_. 4,600 1,010 14,500 1,000 32,500 lioo ... 100 180 800 ...l .100 2 —25 ...1 18,600 Motors 17,500 87,100 Hercules Powder 17 26)4 Sale Sale 13 Sale l\x 26 |H Sale 28 Sale Sale Sale 800 1,100 500 31,700 310 7,100 9,700 120 36,300 1,600 74,800 22 x 13 1894 1194 9 1)4 2294 70 1X Sale 7)4 Sale Sale 194 1.294 1194 17 Sale 28 X 22 X Sale 23 X Sale 13 X 22)4 Sale 28 X 28 129 37)4 22)4 135 49 2394 55 40 49 Sale 16 Sale Sale A* 11)4 IX 11 1)4 25 iiH 19 Sale 20 6 5 Sale 18 Sale 5)4 Sale 2094 18)4 Sale 22 X 29 25)4 2694 35 Sale 31 Sale 9 16 iVA 34 9 Sale 6 494 July July July 1594 July 26 X July 23 July 12 July 1894 July 26 July 127 X July 35 July 19)4 July 46 July 1194 July 9 July July 18H July July July 27 34 24 31 * new 1 8)4 i8M 17 95 92 97 89 94 98 99 86 Sale 97 Sale 86 Sale Sale 32 r Sale 26 X 19)4 121 128 A* 50 6 75 Sale 2 87)4 6 86 v 136 92 Sale 98 148 Sale 52 Sale 2694 12094 132 6)4 Sale 17)4 121 :.i 132 694 Sale 61 Sale 70 2 Sale 89 120 X 6 2X 294 95)4 100 91 794 88 95)4 Sale 105 rlV» 96 61 75 2 89 X Sale x7% 105 95 14994 147 X 150)4 147X Sale 14 X 19 14)4 Sale 147 56 Sale 131 Sale 51 88)4 56 9194 22 Sale 59 X 132 60 ltw lt°2y' 10794 121X 11)4 11)4 1294 17 1694 Sale 104)4 107 X 105 Sale 59 6294 29)4 24)4 Sale 1494 1094 Sale .98 20 Sale 112 Sale 19 794 July 2)4 July 8 6 1 25 2 2 29 11 29 19 1 Mar. 31 19 8 Mar. 30 67 13 Mar. 30 37 Apr. 27X 51X 394 3X Jan. Jan. July Jan. 60X Apr. 26 80 Jan. 17 2394 July 6194 July 28 July 98 July 594 July 30 9 •ss J® 6 11 July 1694 July July 58 July 24 X July 1094 July Sale 3094 Sale 10 9 1 20 26 19 21 25 12 19 14 26 29 25 23 25 29 5 1 6 1394 1 1994 11 106 X 2 1 1 6394 30 X 15 X is Mar. June Mar. Mar. Mar. 31 17 30 30 29 65 10)4 May 26 19 Apr. 5 Jan. Jan. 3 9X Mar. 30 1294 Mar. 31 32 8 2394 Apr. 122 Apr. 12 135 40 35 6 July 13 94 Mar. 3( 2594 50 34 X Mar. 29 17 794 Mar. 31 4 794 Feb. 1194 Mar. 31 194 5 Jan Jan. July 22 19 June 30 July July 25 13 Jan. 10 12 22 7 25 Apr. 28 28 Mar. 11 1 35 June Ajpr. 20 Jan. 18 May 15 6 10)4 July 21)4 Jan. Mar. 25 Mar. 31 12 90 83 15 Mar. 29 2 100 98 June 23 120 Apr. 494 June July 21 3494 July 25 7 12694 Feb. 28 Jan. 3 July 14 394 July 26 98 July 29 894 July 25 95 July 23 15294 Feb. 17 1994 July 29 IX June 14 76 X June 1 8?* 140 10 80 Mar. 25 5 May . Jan. 8 Mar. 26 Mar. 19 Mar. 28 5694 July 98 X July 16)4 Mar. 25^ 20 Mar. 17 42 X July July July Jan. 31 10 112 594 Mar. 26 1394 June 1 1194 25)4 102 Mar. 16 108 98 Jan. 1 48)4 Apr. 17)4 Mar. 31 6 Mar. 30 19 70 50 X Mar. 31 40 July July July July July July July July July July July 14 July 25 Jan. Mar. 25 Mar. 29 24 19 12 July July Mar. 28 3 30 19 19 26 28 12 8 18 11 794 July 29 2)4 July 19 1394 Jan. 11 18)4 Jan. 10 30 July 18 2394 July 15 15)4 Jan. 12 26)4 Jan. 12 2)4 Mar. 31 20 11 19 June 29 2 4294 Mar. 31 65 X July 12694 Jan. 19 132 X July 65 X July 8 112 June 1594 6994 254 52 X 94 2 Mar. 31 32 1 132 X July 5694 98 X 1994 42 94 1 194 Mar. 26 2)4 May 27 July 18 2394 July 15 14 X July 25 21 28* July 14 29 July 135 July 25 40 July 12 2594 July 19 6 50 July 17 July 25 1194 July 13 194 July 13 23 94 July 13 7 6X July 22 July 25 18* §§* 8 105 1594 July 19 July 20 3794 June 18 9 27 July 27 35 July 6 July uly 2 July July 1 July July 1 July July 5 July 3494 July July 12 12094 July 1 July 7)4 July 1 70 July July 1 July 394 July 5 98 July July 8 July 894 July July 23 95 July July 18 14994 July 1 July 1994 July . 36 X July 110 July Sale Prices 25)4 49 X 394 394 30 July 54 18 106 1594 July July July July July July 70 July 2394 July 61X July 28 X July 98 July 594 July 62 July 194 July 12 X July 17 X July 131 July 52 X July 6194 Sale 56 Highest Lowest Sale Prices 5 Mar. 29 67 11 27 July 32 X July 17 Sale 18 129 0% preferred. ..100 125 1,960 41 50 X 2,900 Hershey Chocolate........ 84 Sale 54 conr preferred ...* 7,800 16 25 2,900 Hlnde & Dauch Paper Co.. 10 Sale 19 62,400 Holland Furnace...........* 100 $5 conr preferred.........* 1,990 Sale 9 37,700 Hollander (A) A Son........5 20)4 Sale 43,500 Holly Sugar Corp..........* 200 7% preferred...........100 101 Sale 53 ..12.50 303,800 Homestake Mining 21 25 14,500 Houdallle-Hershey cl a ....* Class b • 894 Sale 179,800 590 Sale 15 25 20 13 ..25 7% preferred.......... .100 49.200 Hercules Sale Sale Sale Sale A*- 22 ..... . 190 ilS 24 X 9X July 21X July 42 Jaly 294 July 3 July 6994 July 16)4 July 45 July 22 X July 89 July 4)4 July 62 July 1 July 46 Sale 62 Highest Sale Prices 50 X July 2?4 Sale 3 3)4 7294 90 Sale 123 6,900 10,100 2,000 18,800 169,100 11,400 1394 Sale 64)4 23)4 Sale 17 48 IX Sale 4)4 Ask 60 22 X 42 Sale Sale Sale 59,400 3,900 6,000 Lowest Sale Prices July 30 Ask Bid 418,000 Graham-Paige Motors......1 Granby Consol Mining Smelting & Power Ltd....5 160,700 1 17,400 Grand Union Co (The). S3 conr preferred series...* 20,000 * 34,500 Granite City Steel 10 44,400 Grant (W T) 5% preferred............20 21,700 92,900 Groat Northern Ir ore prop.* 614,200 Great Northern pref.....l0o —• 46,400 Great West Sug Preferred .100 2,370 57,000 JAN. Price Jan. 3 Jan. 1 Shares RANGE SINCE PRICES IN JULY STOCKS Since July 115,100 9,400 27,100 35 N. Y. STOCK EXCHANGE-STOCKS Aug., 1938] Jan. 20 13 20 29 2 22 27 19 12 May 6594 Jan. 30 X Jan. 15X July 27 63 29 20 26 19 Household Finance— Common stock...........* 12,300 5,100 5% preferred ........100 465,700 Houston oh of Texas v t c.25 Howe Sound Co... .....5 103,200 29,400 Hudson Ac Manhattan..—106 5% preferred...........100 12,700 136,000 Hud Bay m & Sm Co Ltd..100 262,300 Hudson Motor Car 1 278,700 Hupp Motor Car Corp 2,100 1,200 134,900 20,400 15,400 5,900 29.200 66,700 51,700 307,105 12,500 7,670 2,550 21,400 129,100 84,900 4,400 1,050 640 7,300 39,800 8,100 6% 9ale S3 694 Sale 42 Sale IX 4H IX 594 "1% Sale IX Sale Indian ser 4,400 8,600 76,700 600 1 1,763,810 900 2,400 Preferred 100 294 8X 2994 9X IX 7X Sale X Sale Sale Sale 294 9X Sale Sale Sale 12)4 Sale 29 6 20 46X Jan. 83X Jan. V~ 23)4 Mar. 30 1 7 May 14 July 2494 July 3894 July 8 July 10)4 July 26 July 96 July 141 July 80 X July 16 X July 594 July 6)4 July 2694 July 90 July 554 July 13 X July 394 July 2894 July 16394 July 6894 July 156 July 794 July 494 July 1094 July 25 25 25 25 ~ 19 25 Sale 21 22 10)4 July 18 July 1 Sale Sale 35 37 32 X July 8 6 July 7X July 1994 July 84 July 140 July "75)4 69 July Sale 1394 July 5X 494 July Sale 4)4 July 24 21X July 82 X July 90 Sale 4)4 July Sale 1094 July 2 94 July Sale 27 24)4 July 151 Sale July Sale 62 X July Sale 150 - July Sale 6)4 July Sale 394 July 10 9)4 July 15 8494 694 Sale Sale Sale Sale 79 Sale 1394 Sale 494 Sale 494 Sale 21X Sale 82 4)4 11X 83 7)4 6)4 894 991 25)4 Sale 93)4 95 142 74 X 11 iH Sale Sale 12 X Sale 394 Sale 25 163 X 494 1 5 5 6 1 12 1 1 1 1 2 1 11 - 3 24 X 54 Sale 64 X Sale .51X Sale 6)4 Sale 394 Sale 994 Sale 43 X Internat Nickel of Canada. Sale Sale Sale 6 140 100 108,500 tlnterboro Rap Tran... * 41,500 d Interchemlcal Corp... 6% preferred... ...100 1,700 * 33,400 Intercontinental Rubber ._...* 596,400 Interlake Iron..... * 74,500 Internet Agricultural.. Prior preferred .100 22,400 37,600 Int Business Machines.....* * 483.000 Internet Harvester, 7% preferred 100 5,450 294,200 Internet Hydro-Elec Sya a.25 ..* 76,300 Internat Mercan Marine 117,300 Int Mining Corp...........1 258,100 2 20 X 43,000 Insuranshares Ctfs Inc 10,400 138,000 17,800 9 46 X 8 10 ...... 250 9794 Sale 6)4 a 1000 Industrial * 92,800 Inland Steel 806,300 Inspiration Cons Copper..20 23,800 189,300 6,700 26,200 7,200 100 8)4 Sale 44 7 63 July 58)4 July 95 X July 25 100 July 1 8)4 July 994 July 42 July 11 49 X July 2 1 394 July July 6 1 954 July July 30 X July 8 2894 July 10 7)4 July 11 July 1 94 July 194 July 6494 99 61 10 x 18 100 Refining 98 58 33 ...100 pref series A.......100 Leased line 4% rr sec stock ctfs 56 X 29 Rayon Corp.....* 31,400 lnger8oll-Rand... 6% preferred...........100 1,410 100 64,300 16,900 25,100 Illinois Central 48 X 79 125 Sale 132 49 X Sale 13094 135 6494 156 6)4 4 994 50 X Sale 136 X 140 4794 July 135 July 11 1 6 14 12 1 27 9 12 5294 July July 8 140 14 14 20 25 29 25 21 30 21 22 5 July June 28 26 100 Mar. 31 994 July 20 5394 Jan. 13 3% Jan. 994 July 14 20 Mar. 30 30 X July 10 Jan. •X June 15 IX Jan. 10 6)4 Mar. 30 14 July 24)4 July 38)4 July 8 July 10)4 July 26 July 96 July 141 July 25 25 25 25 13 19 25 18 3 Mar. 29 2054 Mar. 30 5 12 23 Apr. 6 Mar. 30 2 354 Apr. Mar. 29 M94 Mar. 31 60 Mar. 25 135 Feb. 8 56 X June 17 7% Mar. 30 1 394 Apr. 2)4 Mar. 26 15 80 2 6X 27 2 25 15 25 30 zl30 48 25 30 141 3)4 20 2 25 694 25 25 23 4 82 June 30 16X 5)4 694 26)4 July July 13 21 25 7 26 26 29 Jan. 17 163 X July 70 Jan. 30 29 30 31 98 9 156 Mar. 31 Mar. 25 Mar. 31 Jan. 12 17 11 July 30 794 Jan. 12 4X Jan., 11 Jan. 21 5294 Feb. 19 140 July 23 23 1194 July July 20 25 11)4 36)4 Mar. 31 132 25 21 July Apr. 594 July 13 X Jan. 3)4 Jan. May 27 Mar. 13 Jan. Mar. 30 June 10 Mar. Mar. Mar. Mar. Mar. 14 Internat Paper & Power 177,900 190,600 4,840 2,230 2,000 3,000 2,800 170 218,100 40,500 35,100 90 2,100 3,700 10 1,500 38,900 80 5,110 2,500 10 17,500 3,500 2,000 4,000 30 New 15 766,800 5% conr pref...........100 602,400 ..* 26,880 Int Rys of Cent Amer 5% preferred...........100 10,420 8,700 International Salt.........* * 18,400 International Shoe 100 14,100 International Silver 7% preferred.. ....100 1,420 Internat Tel & Tel.. * 1,366,300 Foreign share certlfs...—* 233,700 108,700 Interstate Dept Stores Preferred.... 10c 2,320 • 11,310 Intertype Corp 1 16,900 Island Creek Coal ...... 56 preferred..............i 160 16,300 Jewel Tea Inc..... * 239,000 lohns-Manvllle Preferred. 100 2,470 19,250 Jones Ac Laugh Steel pref. 100 13,600 Kalamazoo Stove Ac Furn ColO 360 Kansas City Lt 1st pf Ser b * 79,500 Kansas City Southern.... 100 4% preferred...........100 11,500 9,100 Kaufman Dept Stores..512.50 ..5 20,100 Kayser(j) Ac co—... 310 Keith-Albee Orpheum pf.100 7X 30)4 3X 39)4 Sale Sale Sale Sale 3794 Sale 46 21 Sale 23 32 16 65 Sale 22)4 19 X 71 63 4 Sale 24 10 X Sale 494 5)4 . Sale W* 20 Sale Sale 63 Sale 67 Sale 7 Sale 9)4 Sale 70)1 Sale 994 21X 10)4 Sale 16 117 5094 76 X Sale Sale 23 71 124 Sale 16)4 J8J4 7)1 19)4 13 7494 Sale 9)4 994 Sale J194 70 Sale 77)4 10)4 24 20X 117)4 122 59 ,82* 128 64 Sale 132 66 Sale 20 X Sale 120 Sale Sale Sale . Sale 17 20 17 X Sale Sale 42 23 X 34 i 21 6)4 20 15 894 Sale 3894 Sale Sale n* 994 Sale 994 Sale 14 75 11)4 20)4 Sale 76)4 12)4 21 124 9)4 994 11X 75 10 X 2094 120 65 99 127 132 July 64 X July 66 X 20 22 July 21 120 July 120)4 Sale" 9X July 11 20 July 20 .23 130 72 Sale Sale 128 64 Sale 18)4 21 13 80 90 92 31 1194 July 20 4794 July 25 July 25 48 July 25 2494 July 29 3594 July 25 23)4 July 23 72 July 22 7 1094 July 10X July 7 July 19 J§H x76 .'uly 19 1294 July 25 2194 July 20 120 July 9 July July July July July July July July July July July July July July July 63 X July 89 July 64 X 94 X Sale 1394 87 894 3894 3 94 3694 23 X 14 July July July July July July July July July July July 20 25 1194 July 894 July 20 19 29 2494 120 13)4 24X 17 July 12 X July 85 July 2194 15 85 i 20 14 25 21 15 19 13 4X Mar. 1894 2)4 28)4 19)4 28 12 Mar. V Mar. Mar. Mar. 6)4 Mar. Feb. 8 21 July 29 3594 Jan. 23)4 July 72 July 1094 July 10)4 July July x 76 July 12* July June Mar. 16 June 24 23 22 7 7 19 19 25 24 Jan. 120 113)4 Apr. July 9 July July July 20 25 7 44 X Mar. 30 65 X 58 Mar. 29 99 X 122 Jan. 24 130 4994 Apr. 1 78 ill* it* 21 Jan. 138 Mar. 46 X Mar. 5X Feb. 6 Feb. 63 Jan. 15 Jan. 10 Mar. 25 24 X July Mar. July 13 X July 24)4 July 2194 July 15 July 85 May 20 14 25 21 15 19 27 8 120 Mar. 29 Mar. 29 12)4 Apr. 10)4 May 63 Apr. 2 6 5 Kelsey Hayes Wheel— ■ 16,300 22,200 90 For 36,700 57,800 Convertible class a.......1 Conv class b........... 1 600 Kendall Co 56 pt pf ser a...* footnotesjsee page 40. 7)4 Sale 4)4 Sale .... 88 894 slg Sale Sale 88)4 11X Sale 7)4 8 92 90 X 8)4 July 594 July 88 X July 1 8 90 X July 494 Mar. 29 3 80 Mar. 26 Jan. 6 1194 July 8X July 90 X July 20 19 29 36 N. Y. STOCK EXCHANGE—STOCKS sales aqqreqate July Shares 20 A 170 1,990 53,700 1,900 6,100 31,300 6,510 145,500 8,300 14,700 109,700 1 1,050 9,200 600 10,300 12,400 80 34,900 6,200 1,700 28,600 5,300 10,700 47,100 11,200 1,000 900 28,100 5,600 22,400 116,400 1,400 107,400 35,800 33,100 5,300 550 39,300 750 ; 800 490 3,210 24,600 4,100 13,900 58,400 1,930 130 660 67,100 5,700 10,900 8,800 900 6,080 10,300 9,500 80 : 1,000 41,700 99,200 2,100 47,400 24,200 195,800 5,500 31,500 300 16,000 7,800 23,900 47,100 55,800 14,100 27,200 150 800 370 79,800 400 4* Sale Sale 7 Sale Sale 97* 170 166 175 175 17* Sale %47 * Sale Sale 18 Sale Sale 48 Sale 106 IS* Sale 6?* m Sale Sale Sale 106 94* 17* Sale Sale Sale Sale Sale Sale 5jl Sale 21 Sale 97* 20* Sale Sale 28 Sale 6 6* 5* Sale 1* 29* * 4* Sale Sale w?* Sale Sate- 13* 6 11 44 1 36* July 5 12 July 1 28 July 1 1* July 6 7* July 1 9* July 1 5 July 8 13 July 1 1* July 5* July 11 * July 14 7 4* July 2 10* July 1 1 July 28 July 25 1 10* July 6 23* July 9 3* July 5 41 July Sale 14* 15 30* 31 1* Sale 7* 8* 14 * Sale 8* Sale 14 15 5* Sale * * 4 5* 12 1 Sale 15 Sale Sale 1* Sale 28 Sale 27 Sale Sale 23* Sale 3* Sale 12* Sale 24* Sale 3* 4 Sale 42 48 22* Sale 153* 157 34* Sale 145 5 Sale 29* Sale 26 Sale Sale 160 43 Sale 5* 19* Sale Sale 1 28* 152 Sale 29 26 July 160 Sale 159* July 43 July 6* Sale 5* July 22* 26* * July 48 25 26* May 27 6* Mar. 31 44 19 3 30 1* Mar. 29 12* Jan. 7 30 3* 30 19* 19* 8 31* 17* July July July July July July July July 9 5 7 50* July 20 20* July 25 19 July 27 46 July 26 15* July 25 33* July 25 29 2* July 15 29 Mar. 26 8* 3* 10* 13* Mar. May Mar. Mar. 95 Jan. 4 Mar. 29 3 • Corp McCrory Stores new com 1 * Mar. 26 1* Mar. 29 19* Mar. 30 6* Mar. 29 19* Mar. 30 23* Mar. 31 19 8* Juiy 13 14* July 8 8* July 30 16 July 23 2* July 1 6* July 16 * July 6 6 July 27 15* July 29 1* July 29 29* July 6 14* July 25 July July July 13 19 25 §5" 78* 13* Sale ~ 8 Sale Sale Sale 73 79* 11* 13 15 McGraw Hill Pub Co *8* Sale 40* Sale Copper 20 7 Sale mm-mm 80 53 4* 18 Morris At Essex— 58 58 46* 6 5* 20* 12* 20* 2^ 14 14* Sale 91 96 100 96 90 Sale Sale Sale Sale 98 m Sale e!h Sale Sale Sale 2* Sale Sale 16 2* ■A* Sale Sale Sale 1* o 3* a* a* Sale 11* Sale Sale 39 27 Sale 9* 17* 22* 111 Sale 98* 19* 93 Sale Sale 12* 61 107 7 67 1 16 2h 9'a Sale 108 Sale 73 2 16* 3 Sale Sale m Sale 17 H a17^ Sale Sale 6* July 61 * 1* 1* 2* July 2* 8* 1* 2* 16 88 113 Sale 46 Sale 38 Sale 28 30 Sale 17 114 111* 41* 30 Sale %* 17* Sale 21« Sale Sale w* 20 Sale 54 40 Sale 11* 12* 13 15* lix 52 57* 57* 49* 100* 103 104* 100 Sale Sale 7* Sale 50 46 58 ........ 1 11 Jan. 33 48 July July 9 July 33* July Mar. 30 Mar. 30 100 14 20 25 10 28 Jan. 10 81* Mar. 31 103* July 57 Apr. 9 169 July 44* Mar. 31 18 Feb. 20* Mar. 26 July 29 28 Mar. 25 29 3Z* 48 12* Mar. 31 21* 56* .02 Apr. 18 107* * Mar. 26 2* 33 Mar. 31 Mar. 31 14* Mar. 31 92 25 25 July 5 July 21 July 18 July 1 June 25 56 July 25 5* July 25 22* July 22 June 22 106 Jan. 18 13* Mar. 31 21* July 25 Apr. 1 143* July 5 12* Mar. 31 18* July 7 29* Apr. 20 56* Jan. 10 12* May 27 21* Jan. 12 .25 22 Mar. 29 31* July 19 116* Mar. 30 126 Jan. 21 Mar. 29 29 24* Mar. 30 16 46 Mar. 26 10 18* Mar. 31 * Mar. 29 4* Mar. 30 5* Mar. 26 2* Mar. 26 9 Mar. 30 1* Mar. 31 5 Mar. 31 2 * May 3* Feb. 7 7 Jan. 8 * Mar. 30 18* Mar. 30 Jan. 27 July 15* July 33* July 2* July 26 25 9 19* Mar. 31 157 10 Jan. 13 Jan. 13 16 July 23 2* Jan. Jan. 11 May May 15* July May 29 K Jan. lf» 4^ 11 11 12 11 29 11 6 July 25 July 25 Jan. July 24 19 30* July 19 26 165 Mar. 31 51 Jan. 25 19 9 20* 5* Mar. 30 Mar. 29 Jan. Feb. 23 July 19 12 6* 28* July 26 21 July "II 14* July 27 12* July 26 80 July 13 17* July 25 12* July 27 46* July 28 24* July 25 8* July 18 35* July 25 10* July 18 5 Apr. 8* Mar. 31 91* Feb. 16 Jan. 6 Mar. 23 61 Mar. 31 12* Jan. 26 80 July 13 17* July 25 12* July 27 46* July 28 26* Jan. 12 8* Jan. 10 35* July 25 10* July 18 85 July 30 15* July 22 July Sale 105 Sale 50 iffi* 4?" Sale Sale Sale Sale "86" July 85 30 15* July 22 % P 26 Sale 48 Jan. 31 Mar. 26 35* Mar. 25 13* May 27 5* Mar. 31 27 5 Mar. 26 70 Apr. June 14 12 6* Mar. 26 5 Apr. 55 67 68 July 50 Jan. 4 57* 6* 24* 14* 47* 12* 21* 28* July 27 July 25 July 25 32 J Apr. 1 31 14 Mar. 30 May 13 July July July July July 11 June 13 26* 5* 12* 15* Mar. 30 Mar. 31 Mar. 30 4 June 1 Apr. July 111 25 21 10 7 18 25 25 25 25 July 28 July July 87 108 8 72 13 27 July 19 July 21 * July 7 76 Jan. Apr. 22 72 68 Jan. 10 18 25 July 21 57* July 27 July 25 d§ July 25 16* Jan. 13 47* July 25 12* July 25 22* Jan. 11 28* Jan. 25 nil July 28 89 Apr. 25 94* Jan. 16 46* Jan. 28 87 July 13 1 110; 100 Apr. May 27 4 Mar. 26 8 35 Mar. 31 72 Feb. 2 July 19 July 21 * Jan. 10 June 22 1 16 Sale Mueller Brass Co 12 Mar. 26 June 1 * July Sale 29* July July July July July July July July July July July July July July July July July July July July July July July July 74* July 105 July Sale Mulllns Mfg Corp class B...1 8,380 $7 conv preferred.........* 7,500 Munslngwear 21,400 Murphy Co (G C )..........* 2,500 5% preferred...........100 204,200 Murray Corp of America..10 3,200 Myers (F R) Ac Bros * 12 Jan. 19 26 94 77" • .... For footnotes see page 40 80 5 Motor Wheel — 8 70* 61 24* 6* 54 93 Sale 111 Sale 18 31 65 23* Sale Sale 9* 41* 61* Sale Sale Sale Sale 74 15 14 18* Sale Sale 79 12 67 21 105 10 98 45* 22* Sale 7* Sale 34* 35* 9* Sale 85 13 Sale 16* Sale l\v445 84 61 8* iiH 102 13* Sale Sale Sale ilM 83 Sale .....50 Motor Products 114,700 7*5* Sale 93 5* 16* Sale $4.50 pref * MontgomeryWard Ac Co.....* Morrell (J) Ac Co 31* Sale 19* 37* Sale ..20 Monsanto Chemical Wks.-lO Sale Sale 5 preferred.. 100 Sale Sale 5* Sale 52 603 Convertible Sale Sale 15 Mohawk Carpet Mills Sale im 41* Sale * 5 Petroleum.10 42 11* Sale 66* 60 79 Sale Sale 6* Sale 29 29* 85 76* McGraw Electric Co, new...l • Jan. 14* July 25 July 20 19*1 July 19 25 July 7 117* July 28 7* July 25 1* Jan. 12 5* Jan. 13 29 July 25 Mar. 29 25 July 19 18 6 49 1 30* 8 160 1 51 1 6* 1 28* 12 30 81 14* Mar. 30 2* May 24 19 16* Jan. 25 27* July 25 4* July 13 July July 19 3* July 25 July 23 Mar. 29 20* 72 6% convpreferred......100 31 13 31 30 2* Mar. 28 July July 28 July 25 31* July Mar 8 July 25 11* July 22 19* July 19 8 July 13 31* July 23 17* Jan. 17 26 26 July 5* July 18* July Mar 12* Mar 31 1" 2!" P Mar. 30 22 July 27 July 14* July July 19* July 25 July 117* July July July July July 10M July 33 July 48 July 8* July 33* July 99 July 26 103* July 25 169 July 17* July 37* July 48 July 21* July 56* July 107* July 2* July 56 Feb. 15* Mar. 31 2* Mar. 26 16 13 143* July 23* July Sale 8 1 28* July 2 6 12 July 11* July 30 1 27* Sale Sale 1 1 31 18 45 18* Sale 36* Sale 12* Sale 5 15 11 9 Sale 43 Sale 17 1 12 17 Sale Sale 28* 1* July July 3* July 17* July July 933 50 1 23 17* July Sale '122 23* July July July July 19 Sale Sale , 45 July 136 July 17 July 41* July 140 135* Sale 1 5 Sale 49 1055* "6* July 17 Sale Sale 107* Sale Sale Sale 9 29* July 17 38* Sale 165* July 30* 45* 16* Sale July 44 $3 preferred ex-warrants..* vi 1 a ml Sale 100* Sale 33,900 Mission Corp 63,300 Mo Kan-Texas • 185,200 5% preferred series A...100 23,200 {Missouri Pacific ...100 v Sale 30 95 1 $6 1st preferred McCall Mid-Continent 61,200 41,000 123,100 1,740 1,086,200 3,800 6,050 108,100 58,700 97,000 Sale 1 12* July 6 5* July 'at* 1 Sale 16* July Sale 21* July 15 Sale 112 July 15 Sale 1 4* July 1 Sale * July 6 3* July 8 Sale 26* July 9 July 20 9* 1 28* July 31* 1 Sale 37* July 8 1 7* July 33 5 29* July 99* 94* July 12 Sale 99* July 12 6* Sale 135,000 Minn Moline Pow Implem._l 10,800 $6.50 pref 8,900 {Minn St Paul Ac S S M...10U 1,300 7% preferred .....100 3,200 4% leased lines........ 140 ""§40 I!* 25* 88 * ...100 58,100 Midland Steel Products * 2,800 8% 1st preferred.......140 130 Mllw El Ry At Lt 6% pref_.100 85,000 Minn-Honeywell ReftCo....* 1,670 4% conv pref ser B.....100 3,400 1,600 33 14* Sale Sale .........100 146,600 870 ' Preferred.. 7* 27 5 Corp Market Street Ry Sale 22 3* 24* ........25 Maracalbo Oil Exolor Marine Midland Sale 26 j Sale ...100 Manhattan Shirt 3* 37* July 9* July 26* July 2 July 19* July 14* July 17* July 6* July 27* July \H 15* July 1 Sale Sale Sale Sale * 5% guar Sale Sale Sale tManhat'n Ry Co. 7% gu.100 Mod Sale 14 Sale Sale Bros 17* Sale 12* 5* 16* Sale Sugar Co.... ......1 Sale Prices 13* July 1* 7* 9* * 5* 12* 1* Manatl 28 Sale 10* Highest Sale Prices 15 Sale Magma Copper ............10 Mandel 41* 10* 29* 2* 24* 17* 19* 6* Sale Sale Lowest Sale Prices 26 1!* • Co, Ine 310,000 1 53,900 900 H) Merch Ac Mln Transp Co 45,100 Mesta Machine Co 600 34,100 16,200 31,000 43,500 2,130 1,800 1,800 (R 1,480 16",400 900 Macy Highest Sale Prices Ask Sale Sale 100 Madison Square Garden....* Mclntyre Porcupine Mines..5 McKeesport Tin Plate.....10 190,800 McKesson Ac Robblas 5 40,900 $3 conv pref * 82,200 McLei an Stores Co 1 600 6% conv pref 100 84,700 Mead Corp * 470 $6 pref series A ,.* 3,600 $5.50 pref set B w warr..* 21,400 Melville Shoe Corp 67,100 Mengel Co 1 12,470 5% conv 1st pref.. .50 30,100 920 35 125 Sale 137,300 360 349,300 15 Sale * .... .... ""'240 5,600 12,000 55,400 3,700 12,400 9,200 20,600 15* Sale Sale * 6% preferred Mack Truck Inc.. Sale 28 Sale 44,500 Mathleson Alkali Works * 420 7% preferred ...100 44,200 May Dept Stores 10 71,300 Maytag Co (The) • 15,800 $3 preferred w w ...* 50 12,900 22,600 4,300 5,900 16,600 2,670 570 15,200 89,500 33,900 16,500 Sale Kress (S H) At Co new. Kroner Grocery Ac Bale. 16,790 Prior preferred 100 1,370 Second preferred 100 9,200 Marlin-RockwellCorp.(Del.) 1 210,300 Marshall Field Ac Co • 930,500 Martin (Glenn L) Co.......l 35,500 Martin Parry Corp.. ...» 47,300 Masonite Corp 310 1,500 62,500 176,900 9,500 Sale UK Sale 7* Sale Kresfte Dept Stores 5,000 MacAndrews Ac Forbes Co..10 147,500 199,700 34,700 44,500 33,000 5,100 6,240 105,020 13,300 39,800 206,500 3,860 48 Sale $5 prior preferred., Kresfte (S S) Co ........... 41", 800 37* 9* Sale 26* Sale 2* Sale '"J* 48 8% preferred ...... 7,900 1,800 5,700 3,900 8,800 21,600 Sale 7* 21 ... 6,900 Laclede Gas Light........100 7,920 5% preferred .......100 49,300 Lambert Co (The) 2,800 Lane Bryant 38,000 Lee Rubber At Tire 45,700 Lehigh Portland Cement.. 25 1,170 4% con? preferred......100 116,300 Lehigh Valley ........50 26,900 Lehigh Valler Coal 27,100 6% cony preferred.......50 141,800 Lehman Coro (The)........ 1 ' 32,100 Lehn Ac Pink Products Corp.5 36,100 Lerner Stores Corp 212,100 Llbbey-Owena Ford Glass... 37,700 Libby McNeill Ac LIbby 14,400 Life Savers Corp ........5 17,300 Liftftett Ac Myers Tob com..25 69,000 Series B 25 6,000 Preferred..............100 5,900 Lily Tulip Cup Corp .* 86,200 Lima Locomotive Works....* 27,300 Link Belt Co * 65,000 Liquid Carbonic new.......* 361,400 Loew's Incorporated * 6,100 $6.50 preferred 365,700 Loft Incorporated 158,500 Lone Star Cement Corp 78,600 Long Bell Lumber A * 22,600 Loose-Wiles Biscuit 25 2,370 5% preferred ......100 131,000 Lorillard (P) common......10 4,930 Preferred 100 23,000 Louisville Gas Ac Elec A.. * 45,900 Louisville Ac NashvUle 100 1 91,900 Ludlum Steel 1 2,190 1 Lowest july 30 Ask Bid Bid Ask 64,100 Keystone Steel Ac Wire 11,900 Kimberly-Clark...* 11,600 Kinney (G R) 3,000 July 1 1938 1,444,800 Kenoecott Copper 20,100 3,400 range since jan. Price Jan. 3 Shares 281,000 r prices in july STOCKS N. Y. STOCK EXCHANGE Since Jan. 1 In July July July July July July July July July July July July July 11* July 20 July 6* July 38* July July July July July July July 25 15 July 20 July 21 July 8 July 7 July 25 July 5 July July July 23 July 26 July 25 July 29 July 25 July 26 July 26 July 22 July 22 July 19 July 27 July 29 17* July 3* 11* 1* lis 49* 38* 38 22* 14* 28* 8* 49* 15* 58 105 Jan. 11 Mar. 28 July 17* Jan. 25 10* May 27 Mar. 26 Mar. 29 a 10 67 111 25 Mar. 30 Mar. 25 Mar. 30 8 4 9 34?i 95 4 2* Jan. 3* Jan. 18* July 11 25 2 5 116 Mar. 31 Mar. 31 11* Mar. 29 26 12 21 Jan. 10* Mar. 31 Mar. 25 Mar. 30 Apr. ar. Apr. 7 26 6 Mar. 29 37* Mar. 29 13 Jan. July lis May Mar. 31 22* May 27 25 8 94* 8 June 29 July 19 49* July 25 38* July 39* Jan. 22* July 14* July 28* July 8* July 64* Jan. 15* July 58 July 105 July 10* July 54 July 23 13 25 29 25 26 13 22 22 19 27 29 N. T. STOCK Aug., 1938] AGGREGATE SALES In July ScaXes 200,800 840 37,400 26,300 104,400 800 6,200 400 1,000 75,200 59,050 210 hi' Price Jan. 3 Jan. 1 Shares 790 33,400 5,600 67,800 1,800 158,800 93,700 400 410 10,100 91,500 65,000 105,300 9,300 5,600 > 100 9X Sale Sale 155 17 X 81 45 6% pref aeries A 100 w w Nat Bond Ac Share Corp—.* 15 X Nat Dairy Prod Corp ——* 7% preferred class A 100 7% preferred class B 100 112 11254 IX National Dept Stores.-.....* —..10 0% preferred 22 X 15 Nat Distillers Products——* Nat Rnamel 8c Stamp...... Nat Gypsum Co 160 9,700 130 Sale 70 X 3 Sale 78 7434 80 7934 3X 3% 11X Sale 22 X 2434 6X 15X 32 X 15X 15X 26 4 50,500 tN Y Investors Inc....... .* 380 N Y Lack Ac West Ry Co..100 N H Ac Hartford 100 95,500 Convertible prefer red ..100 22,100 tN Y Ontario Or Western.100 140,300 .... ... . 440 Northern Central... 50 ...100 712,200 Northern Pacific. 1,700 North States Pow Co $5 pf.-l 1,720 Northwestern Telegraph..50 * 22,600 Nor walk Tire Ac Rubber _ Preferred 60 ....... eg Sale 52H 67* IX 2 54 5 Sale IX 8X 51X X 192 X Sale Sale Sale Sale Sale L04 108X 19 X Sale 50 Sale 9 Sale 98 X 90 10 X 93 Sale 29~~ Sale" IX Sale 16 22 12 Sale 24 X Sale 44 59 9 1,950 1,180 2,430 1,900 23,500 8,100 15,100 6,700 6,640 4,580 7,980 9,870 136,900 46,500 50,200 3,690 2,740 2,800 36,300 784,700 2,900 16,900 11,890 17,000 110 340 200 22,300 10,600 166,600 1,900 300 300 730 9,900 9X Sale 94 — 5X 22 ..... Preferred............. Pacific Coast 9 Pacific Finance Corp (Cal)-lO 6X - 9X 14 Sale IM ol\H 114 Sale Sale Sale Sale 8% conv conv Psrme1«M> Penney (J C) Co 105 140 30 $7 conv Cement.... * pref series A......* Petroleum Corp ... * ........5 Phelps Dodge.............25 Philadelphia Co pref 0%—50 $4 preferred —..—...* tPhlla Rapid Transit Co...50 7% preferred———50 For footnotes see page 40". Sale 20 X Sale C At I • 13 934 1554 142 29 Sale Sale Sale Sale Sale Sale •28 934 134 Sale Sale 9454 10% Sale 88% 30 Sale 3X Sale 40 39% 18X Sale 234 2% 82 2X Sale 66 Sale Sale 14 94 X 10034 10% Sale Sale Sale "2934 48 1I8 52* 26 113 i* Sale Sale Sale 5354 93 234 534 28 15 Sale IVA 27 Sale Sale 31 11654 115 33 X Sale 34% Sale 100 Pfelffer Brewing Go........* PhUa At Reading Sale 18X 100 3,600 Peoria At Eastern........100 12,300 Pere Marquette.—.—100 Prior preferred 100 9,900 Preferred..............100 7,820 Pet Milk Sale 26 13 X Pennsylvania RR Co......50 People's Drug Stores Inc ...* conv 8% Sale Sale 5 354 11X 4X 12 34 Sale 31 37 3X 11 5 Sale 24X Sale 24 X Sale 1454 15X 11 15 103 6 1234 30 July July July July July July July July July July July July 19 21 23 Sale 7X Sale 27 X Sale 34X Sale 62 X 65 2 2X 3X Sale X Sale 434 14 2534 2934 634 1634 39 3234 1354 1134 12 834 Sale 3354 Sale 3434 35 6654 2 234 354 434 34 Sale 13 58 28 Apr. Mar. 9934 Apr. 434 June 934 Mar. 10 7 10 21 29 6 21 13 July July Jan. June July July July July July July Mar. July July July July July July 31 July 7 16054 July 27 85 4754 3054 1654 11254 113 1054 654 2554 2054 1254 Mar. 31 Mar. 30 Mar. 25 534 Mar. 26 13 25 25 25 29 27 2 29 19 9 25 26 25 137 19 July 25 July 854 Jan. 6654 June 25 12 23 Feb. 25 30 82 July July 7 25 75 Feb. 23 454 Jan. 1254 July 29 26 20 July 70 5 18 2 12% Jan. 18 1454 1054 2554 15954 1754 Feb. 40 31 26 106 1254 28 1954 31 Mar. 26 Mar. 29 Mar. 25 20 25 21 21 23 13 18 23 1 54 July July 20 1 154 July 1 434 July 1 5 July 134 6 754 July 52 July 14 34 July 23 156 1 July 102 2 106 July 2134 July 30 2454 54 July 15 5554 5 954 July 94 6 July 9634 7 80 8034 July 1 1034 July 1434 8 95 9334 July 28 6 July 3234 1 254 July 334 2 25 1934 July July July July July July July July July July July 21 July 20 July 5 July 13 July 25 July 7 July 25 July 15 July 13 July 29 July 29 July *1 1234 »uly 12 3134 5 July 1934 5 101 July 2 July 934 1 July 2834 128 9 132 July 1034 July 11 1154 47 34 July 29 5234 2 1834 July 2134 July July July July July July July July July July 57* ?a 5i* 175* 1134 2634 1254 8934 654 2254 70 Sale 8X Sale 5% 7% 6 Penn Glass Sand Corp v t c—• 6% 44 52 * . Sale 7554 IX .3 Penn Coal At Coke........10 Penn-DIxle 21 Sale 10 .....——.* ..... 55 13 X 2X * ....... 10X Sale" 43 Sale 5X Sale preferred 63,200 People's Gas L At Coke 1,900 80,000 53,000 692,100 8,800 1,500 1,670 3,680 38,900 16 11* Corp Peerless Corp 134 Sale 36 X 17 X 2 Patlno Mines At Ent Cons ..* Penlck At Ford 10834 834 24% 2534 8 26% Sale 40 39% Sale 17X Sale 12134 121X 112 !* 2.50 Transport Co. 102 Sale 90 56,400 Parke, Davis Ac Co..........* Pathe Film 92 SIX 12% Sale 97 94X 3254 31% 3 334 24% Sale MX preferred......100 1,245,800 Paramount Pictures........1 1st preferred... —..—100 21,300 2d preferred............10 153,500 ..1 13,600 Park At Til ford 232,000 Park Utah Cons Mines——.1 98 29 39 X 61X Sale 46X Sale .......* Sale Sale 4X preferred..——100 Parker Rust Proof Co 9°6^ 18 7X Sale IX 4% 105 Sale {Panhand Prod Parafflne Co Inc 174 21% Sale 54 X 5534 13X Sale * X X 167 103 5 16* 38 114 7X Ref 52 5 Sale Pan Amer Pet Ac Trans .....5 Ac V* Sale 72 27 — a 65X Sale 8X Sale 133X 140 Pacific Tin Corp (sp stk)_..* Pacific Western Oil.. —10 Packard Motor Car Sale 115 4X 6x 46* Sale 17% 132 11 57 "234 Sale 45 45 X % 2 Sale 10X Sale 654 Mar. 30 1 1134 July 25 18 734 Mar. 22 6 July 21 1 834 Mar. 30 1454 July 29 6 Mar. 25 1 1034 July 13 14 2534 July 21 1534 Mar. 31 Jan. 17 1 15934 July 9 150 15 1754 July 25 1034 May 27 65 Mar. 31 14 85 July 25 15 4634 July 25 3734 Apr. 12 1234 Mar. 31 11 3054 July 29 1134 Mar. 31 13 1634 July 27 7 112 34-July 15 10634 Mar. 30 22 113 July 29 10534 Mar. 30 " 334 Mar. 29 1054 July 19 33i Mar. 30 654 July 9 1734 Mar. 31 2534 July 5 1134 Apr. 2034 July 26 1 5 Mar. 30 13 July 25 1734 Mar. 29 27 31 July 7 June 3 5 16034 July 27 154 June 1 5 137 July 19 127 13 34 Mar. 29 12 25 July 25 5 Mar. 29 30 834 July 2 4454 Mar. 31 July 1 12 64 1434 Mar. 31 8 2254 July 20 21 Jan. 4 30 July 7 1 63 Mar. 31 8 82 July 25 70 Feb. 1 20 74 July 20 2 34 May 24 1 334 July 5 754 Mar. 31 1 1234 July 29 1454 June 17 July 20 1 26 40 2154 2254 o on 3854 37% 454 1154 30 14 11 Jan. 14 Jan. 18 July July July July Jan. Jan. July Jan. Mar. 21 23 19 25 10 12 23 11 1 6454 July 734 July 454 July 16 July 7 July 1254 July 2654 July 3934 July 16 July 105 July 140 July 2834 July 1254 July 454 July 834 July 1 July 57 July 4534 July 92 July 10 July 88 July 10 July 1934 July 254 July 3654 July 1754 July 2 July 534 July 10 July 5 34 July 52 July 7554 July 134 July 454 July 26 July 1334 July 1834 July 28 July 3334 July 5 12 7434 July 29 954 July 25 11 534 July 15 1 20, July 28 8 934 July 19 8 •1534 July 23 28 2954 July 1 1 2 2 19 12 1 5 15 14 11 8 21 4134 July 1934 July 109 July 145 July 30 July 1534 July 534 July 934 July 134 July 28** July 50 July 94 July 1334 July July 1334 July 22 100 21 6 1 1 15 1 1 1 2 1 1 6 22 1 1 1 2 14 434 July 12 11 1 July 1 2434 July 5 23 July 1334 July 29 1 1054 July 7 2 July 2734 July 1 3434 July 6434 July 2 July 334 July 54 July 25 7 ,6 5 1 30 41* 2034 254 1034 1334 754 5434 8534 234 554 29 6 July 27 July 25 July 19 July July July July July 101 Mar. 30 120 25 111 Sale 93 July 1134 July 834 July 2334 July 155 July 1534 July 81 July 44 July 1934 July 15 July 111 July 11034 July 734 July 5 July 2234 July 16 July 10 July 2534 July 158 July 133 July 2034 July 7 July 56 July 1854 July 28 July 74 July 74 July 3 July 1034 July 2054 July 123 12 129 Sale 109 30 6X 6X 22 X Sale 9 1 1534 Jjiy 1934 6 40 July 1 1554 July 2134 15 July 14 20 33 2334 July 11 8 2854 July 3754 35X Sale 4 1 434 334 July 434 Sale 10 5 934 July 1054 109 115 110 July 23 110 Sale Sale Sale Prices Sale 3934 19X Sale 17 Vs 18 2834 Sale 11X Sale !!* 41X 27 X 6% preferred...—......100 19X 1854 35 X 14 X Pacific Teleph 8c Telegr—100 30 Sale 18 Pacific Lighting Corp..... • 2X 18X Sale Pacific Gas Ac Elec ........25 Pacific Milla 92 10X Sale 94 X 93 X 28 X 13 12 —* Sale Sale 96 50 4 2d preferred 54X Sale 9X Sale 49 .————• First preferred Sale 101X 110 21X Sale Highest Sale Prices 80 15* X 166* 45 —.10 ... 52 Lowest Sale Prices 37 X 3834 3634 July 101 10154 101 July 7 6X July 57 57 Sale Sale 88 6 127 — 170 900 Sale 4X Sale 1 X 94 X 74 99 114 4,300 3,260 2,540 Sale Sale .* "18,666 Sale 115 123 Sale 74,100 tN Y 30,700 25,300 226,500 120,400 94,000 16,000 121,300 16,000 89,800 14,800 13,800 639.800 7,100 Sale 10 108 100 392,200 7,200 45,000 7,500 47,500 7,900 5,000 9,300 133,900 55,200 31,500 3,000 25,500 2,600 30,600 2,300 1,200 167,000 2,700 Sale 110 ...50 160 Outlet Co 4,100 2,920 al* Sale 100 10% preferred 193,800 Owens>Illlnols Glass Co. 12.50 46,100 Pacific Amer Fisheries Inc..5 800 68 Sale 28X Sale 36,200 9,900 5,400 234,800 "40" 103 1,700 2,000 120 Sale York Ac Harlem..— SO 5% preferred 1,500 New 110 Sale 36 136,400 6% pref series A —100 95,300 N Y City Omnibus Corp * 100 8,650 New York Dock 570 78X 10X 91,200 N. Y. Chicago 8c St Louis.100 16,030 ' 20 X 68 X Preferred A .100 1,280 32,800 Oppenhelm Collins Ac Co. ,* 171,900 Otis Elevator...—.... .* 6% preferred 100 2,340 .* 213,000 Otis Steel $5.50 conv 1st pref.—.* 5,900 5 10,700 Outboard Marine Ac Mfg 340 800 24 Sale 75 180 420 22 SV4% prior preferred...100 468,700 Ohio Oil Co (The) * 342,400 Oliver Farm Equipment....* 221,100 Omnibus Corp fie (The) .* 43,600 13634 140 Sale 120,000 77,300 112,900 14,800 39,400 Sale Sale 1,137,800 North American.. 14,700 6% preferred 60 727,300 North American Aviation...! 5,400 North Amer Edison 60 pref..* 700 Sale 163 29 570 195,400 IP 26 160 20 238,700 2,100 178,500 1,000 100 6 Sale Sale N Y Shipbuilding pt stock.. 1 2,400 7% preferred ..100 12,200 tNorfolk Southern... 100 19,700 Norfolk Ac Western... 100 Preferred 3,990 100 3,400 4,700 2f* 6% prior preferred.—.100 10 30 112% 954 8X Sale . 609,600 Newport Industries Inc .1 27,300 New York Air Brake • 2,241,400 New York Central... ....* 50 115 112 28 Supply Co of Pa......10 145,400 5,800 20,600 36,500 3,500 18,500 U2X 12 preferred..—.........40 Nat 650 {New Orl Tex 8c Mexico .—100 24,006 Sale Sale 410 ; 16 59 X 4 X % conv serial pref.—100 5,700 Newberry Co (J J) * 1,360 5% preferred series A 100 40 4554 "50" 28X Sale Sale .......23 2,000 3,050 17% 7X Sale Light...—....* Steel 300 930 16 86 20% Sale 22 * 9% Sale 23 X Sale 155 15654 62 X 19 National Highest Sale Prices 14 54 July 17 Sale Sale 158 132 X 140 ....... 674,100 32,100 44,500 34,600 Sale Sale Sale Sale Sale Sale 150 7% preferred A.—.....100 6% preferred B 100 38,100 National Tea Co 74,800 Natomas Co.........——* 12,300 Nelsner Bros Inc —...1 "'"466 Sale 27 X National Lead.......—10 Nat Mall 8c St Cast's Co 'HX 85 10 1 — Sale 1954 Sale * Register Nar Power Or ~13X Sale" 10 7% preferred... ...100 Nat Bond St Investment Co.* Cash 10X Sale 14 X 11X Sale 8% Sale National Aviation Corp..—5 Nat Lowest Ask 13 X National Acma..—....——.1 National Biscuit July 30 Ask Bid Bid Nash-Kelvlnator Corp.-.—.5 Nash Chatt Ac St Louis.-.100 700 8,900 10,700 3,700 July 1 1938 Par 571,900 6,420 98,000 92,300 423,000 6,800 18,400 2,700 5,800 166,500 291,950 1,650 3,650 71,500 15,600 247,900 4,600 462,300 337,300 2,200 1,960 48,600 345,000 197,200 386,700 ;, 48,550 14,200 1 RANGE SINCE JAN. PRICES IN JULY STOCKS N. Y. STOCK EXCHANGE Since 37 EXCHANGE-STOCKS Apr. Mar. June June Mar. Jan. Mar. 28 10 Apr. Apr. 28 Ill 54 Jan. 34 26 61 Jan. 54 1 254 Jan. 134 10 754 July 254 30 154 Jan. 34 5 1054 Jan. 454 29 62Jan. 38 Mar. 31 154 Jan. 54 June 16 Jan. 133 June 3 198 100 Mar. 29 10654 Jan. 2454 July 1354 Mar. 31 45 X Apr. 5554 July 11 July 534 Mar. 30 8734 May 3 June 21 75 654 Mar. 9334 July 25 May 154 Mar. 1254 Mar. 31 8 12 30 30 99 9354 Jan. 1454 July 95 July 3254 July 354 July 25 July 13 17 20 5 13 13 13 25 15 13 29 29 10 23 25 23 19 19 20 14 Mar. 31 Jan. Apr. 1 Jan. 12 11 Mar. 30 Apr. 28 July 29 Jan. 12 Apr. 122 19 3 Jan. 654 3034 10 3934 115 40 Mar. Apr. 19 i July 29 Jan. 17 Mar. 30 6 234 1034 354 934 z2254 Mar. Mar. Mar. Mar. Mar. i Jan. July i July 26 25 29 July July 26 30 3234 Mar. 31 i 934 Mar. 30 : 1 7 19 __ Jan. 31 26 June 27 10 Jan Mar. 18 10 July July 11 28 19 23 July 87 1 Apr. z132 34 Mar. 30 1834 June 18 334 Mar. 30 July 7 7 Feb. Jan. 25 7 July July 25 22 Feb. 11 July July July July 19 19 20 29 Mar. 29 54 Mar. 25 2734 Mar. 26 29 Mar. 31 8854 June 21 554 Mar. 31 Mar. 26 65 654 Mar. 31 Mar. 29 16 134 Mar. 30 3134 Mar. 31 Jan. 10 July 27 13 Mar. 31 Feb. 23 134 Mar. 29 Mar. 30 3. 854 Mar. 31 July July July July July July 19 23 23 25 19 25 _ 4 Mar. 26 41 Mar. 30 55 634 July July July 35 July 1354 July 1234 July 834 July 36 July July 67 July 254 July 434 July 54 July 10 11 July July July July July July July July 30 July 15 July 2334 July 3034 July IV4 10 7 15 24 Feb. Jan. 9 May 26 1934 May 31 734 Mar. 30 1 8334 Apr. 4 Mar. 28 1354 Mar. 25 July 3634 July 20 Jan. 18 Mar. 31 Jan. 10 1034 Mar. 30 July July 25 25 10 Mar. 30 Jan. 11 1434 Mar. 31 1934 Mar. 28 110 Mar. 29 2234 Mar. 26 Jan. 15 June 13 Mar. 30 154 Mar. 26 5% Mar. 26 1754 Mar. 26 15 Mar. 23 Feb. 4 i Feb. 9 i July 20 654 July 22 1754 July 25 43 July 3854 Jan. 25 15 854 Mar. 29 15 Jan. 6 754 Mar. 30 454 Jan. 3 1354 Jan 854 July 36 July 3754 Jan. 11 L754 Mar. 31 10 Mar. 28 . 67 30 Apr. 12 154 Apr. 25 254 Mar. 26 54 Mar. 26 .. July 13 25 12 12 254 July: 26 454 Jan. 12 1 Mar. 7 38 N. Y. STOCK aqqreqate sales In Since July prices in july STOCKS Jan. 1 Shares Shares n. Y. STOCK EXCHANGE Price Jan. 3 1938 700 Par Bid 226,100 Philip Iforrla & Co. 10 8,900 6% conr pref series A.. 100 2,300 Phillips Jones Corp........* 50,700 6,000 82 130 94",800 Preferred. 100 486,300 Phillips Petroleum........ 1,400 Phoenix Hosiery........ 300 50 S 2X 28 6X 25,000 Pierce Oil 8% conr pref... 100 21,200 Pllabury Flour Mill* ..25 1,470 Pirelli Co of Italy Am ths.... 7,400 4,500 140 20 5)4 51 38 Preferred..............10# 330 EXCHANGE—STOCKS Ask Sale 8 68 Sale 3 35 Sale 20)4 Sale 36 46 100 Sale 118 6 40 Sale 7 49 42 , 142 - 354 1,500 3,800 140 60 43,700 9,700 3,450 1,800 680 700 570 6,080 400 30,700 600 23,600 4,600 3,100 16,800 70,200 4,000 4,300 22,900 1,080 37,800 3,600 1,100 40 8 24 Sale Sale 24 47 51 47 26 34X 5X Sale 47 49)4 770 "7"" 6 Sale 27 7 Sale 59 Sale 4 48 8)4 2454 4854 115 9i "6% ~~6x 6 Sale 25 Sale 6)4 64 153 69 65 40 x July 354 July July 754 July 23 July 47 July 90 July 6 July 25 July 6)4 July 40 63 July 153 61)4 43 Sale 152 158 754 8)4 Sale 12)1 14)4 14)4 36 47)4 Sale 27 Sale 29 Sale 22 36 40 39 Sale 32 x 150 13 Sale 1454 14 54 54 6)4 Sale 11)4 Sale 54 Sale 21* 10 8 954 Sale 2)4 Sale c. 3* 1 8 12)4 Sale 54 24* Sale x 6)4 11)4 x 21 9 10)4 9 11 1154 354 x 954 2)4 54 3 1* 3)4 Sale Sale 3 8" Sale Sale 8 Sale Sale Sale 8)4 854 25 5054 116)4 . 600 3)4 33)4 29 20 Pitts C C & St L RR Co...100 10,300 Pittsburgh Coal {of Pa) 100 7.400 6% preferred..........100 11,400 Pitts Coke & Iron Corp....* $5 conr preferred.........* 1,335 Pitts Ft Wayne & Chicago— 220 7% guaranteed pref....100 160,000 Pittsburgh Screw Sc Bolt...* 42,600 Pittsburgh Steel Co........* 9,230 7% pref class B .. ...to* 6,420 5% preferred class A....100 2,580 SH% 1st ser conr pr pf.100 4,000 Pittsburgh Terminal Coal—1 1,160 0% preferred. 100 16,870 Plttsb 8c West Vlrglnla..l00 3,500 Plttston Co (The)......... 130,000 Plymouth Oil.... I 4,300 Pond Creek Pocahontas Co.* 83,900 Poor 8c Co class B • 16,200 Porto Rlcan Am Tob cl A...* Class B 10,400 • 47,800 {Postal Teleg 8c Cable oref100 261,000 Pressed Steel Car common.. 1 31,300 5% conr 1st pref ...5 21,600 5% conr 2d pref— ..._50 128,500 Procter 8c Gamble.... * Preferred 8% 5,810 ..10# 163,400 Pub Ser Corp of N J common * 15,900 85 preferred 9,100 6% preferred..........10# 3,800 7% preferred........... 100 2,790 8% preferred 100 1,400 127 129 Sale 254 Sale Sale 31 95)4 Sale 109 108 119 Sale 137 Sale Highest Lowest Sale Prices Sale Prices Ask 100 Sale July 1 130)4 July 29 118 July 1 13254 July 29 133 8 x July 23 6 July 6 Ask Bid 4054 Lowest July 30 July 1 Bid range since jan. 1 10 9 28 30 25 50 x 54)4 Sale 118)4 Sale 116 Sale 30 30 96 X Sale 95)4 109 110)4 108)4 119)4 120)4 119 135 138)4 Sale 12 18 16 25 18 12 12 30 30 11 2 4454 July 19 3 x Juiy 20 43 July 19 9 July 7 25 July 7 49 July 25 90 July 12 7 July 7 27 July 1 7)4 July 25 67 July 20 8 155 July 1 July 9)4 5 1454 July July 11 July 12 30 July 13 42 July 12 x 1 July 8)4 1 15 July July 14 1 July 2554 July 14 11 1 July 12)4 1 July 3)4 5 July July 11 354 6 July 1054 6 July 1054 1 July 31x July 11 56)4 1 118 July July 27 33 1 98 July July 11 111 1 11954 July July 29 13854 July July July July July July July July July July July July July July July July July July July July July July July July July July 25 25 25 29 29 2 7 7 23 15 25 27 21 26 26 5 21 25 20 26 21 2 2 29 18 20 Highest Sale Prices Highest 75)4 Mar. 29 130 X July 29 June 25 13254 July 29 8X July 23 4)4 Mar. 30 38 May 4 50X Mar. 9 27x Mar. 31 44 L July 19 114 Mar. 31 2 30)4 Jan. 18 Mar. 29 4 20x Jan. 3 Jan. July 8 12 40 90 3)4 Mar. 31 May 5 3x Mar. 30 41 Mar. 30 20 3X July 20 July 19 43 July 9 July May 90 July 7X Jan. 35 Jan. 7X July 67 July 25 52 454 May 26 7X Mar. 29 20 x Apr. 7 8 11)4 Apr. May 21 9 x June 23 6)4 Apr. 28 Mar. 29 6 15* 25 20 Mar. 14 June 21 174 145 7 7 10 12 17 17 9)4 July 25 1654 Jan. 12 & July 29 30 July 29 45 Jan. 6 1 Jan. 13 12 Jan. 8 Jan. 10 Mar. 31 i.g Jan. 19 Mar. 31 25 « July 25 Mar. 28 8 fa Jan. 5 Mar. 29 12)4 July 354 Jan. 21 Mar. 26 June Jan. 6 13 22 17 $ Mar. 30 454 Jan. Mar. 25 10 X Jan. 10 x July 21 i8* 39 Mar. 30 Jan. 17 4 X Mar. 25 25 31X 56 x 122 x 35 x 98 X Jan. 13 12 111 July 29 8 123 X Jan. 13 Jan. 14 X Mar. 31 116 July I Mar. 25 25 86 x Mar. 31 101)4 Apr. 23 112 Apr. 132 Mar. 29 143 July 26 May 18 Jan. Public Sendee £18c Gas— 300 67,300 203,000 500 20,300 62,900 400 349,400 400 16,100 148,600 2,700 41,700 14,600 24,100 1,100 1,300 2,500 130 2,900 1,500 3.600 1,300 55,200 6,400 160 73,100 350,800 2,900 4,100 31,500 2,500 210 11",700 100 28,300 40,900 250 100 176,200 1,700 5,100 13,700 700 37,500 6,500 14,300 200 20 40,300 270 210 590 8,800 68,800 2,500 27,200 3,300 3,530 12,700 6,100 45,400 1,800 122,800 67,700 18,600 1,300 37,300 2,300 27,500 120 36.900 : v 3.100 25,400 48,200 6,200 1,500 34.100 100 2,830 250 6,100 4,800 6,800 193,700 2,600 292,300 820,400 8,700 30,200 180,400 5,700 1,528,200 1,000 111,000 590,200 16,200 76,500 25,700 48,100 7,700 7,200 11,300 1,800 10,300 3,800 17,200 4,900 212,700 12,700 I,080 85 preferred.............. * Pullman Company.. .._....* Pure OH • 8% preferred.... 5% conv preferred..... 100 Purity Bakeries ....... .... . Quaker State Oil Rfg Corp.10 Radio Corp of Amer. 85 preferred B .......* 83.50 cony 1st pref... ..* {Radio-Kelth-Orph Corp...* R r y bestos-IVI a nhattan ...... * Rayonler Inc........... 1 .......25 82 preferred.... Reading Company..... 50 First preferred ........50 Second preferred. ....50 Real Silk Hosiery ..5 Preferred.. ........100 Rels (Robt) 8c Co.... 1st preferred ..... * 10' Reliable Stores Cory.... * Reliance Mfg Co... .*..10 Rem'ton-Kand ....... 1 112 113X 29 x Sale 11 94 7X 15 6 60 46 X 4 19x 23 26 19 25 24 3X 30 7 Renss 8c Saratoga RR Co. 100 62 246,100 Reo Motor Car.... ........5 1,514.100 Republic Steel Corp ....* 10,700 6% conr preferred......100 11,500 6% cony prior pref ser A 100 117,500 Revere Copper 5c Brass.....5 lilest, * 7,600 ...10 1.12C 7% preferred ...100 170 5K% preferred.........100 47,800 Reynolds Metals Co * 2,600 5)4% cony. pref........100 104,600 Reynolds Spring Co .....1 2 .......... 243,800 Reynolds (RJ)Tob cl B.....10 1,770 1,300 391,600 8,900 32,500 Common................ 10 Rhine Westphalia El & Pow.. Richfield Oil Corp.........* Ritter Dental Mfg..........* Roan Ant Cop Mines new.... 51.900 Ruberold Co cap stock new.* 2,800 {Rutland RR. pref ...100 204,100 St Joseph Lead. 10 30,600 {St Louis-Son Francisco. 100 ..... 8,600 115,500 2,400 15,250 2,190 20,100 15,900 23,100 Sale 254 Sale 1954 Sale 20 X Sale Sale Sale 30 X 30 ; 72 70 Sale eX 8)4 8M 9a Sale box Sale a\* Sale 7)4 18 Seagrave Corp (The).......* Sears. Roebuck 8c Co.......* Servel Inc 1 Sharon Steel Corp........ 85 cony preferred ......* ... Cony pref series A Shattuck (Frank G> Shell Union OH Sale 21)4 Sale Sale Sale 88 Sale Sale 76 87 13 Sale 75 1954 Sale 75 Sale 54 Sale 554 7 Sale a* Sale 44 Sale 54 IX 23)4 354 6654 14)4 1654 Sale' 60 Sale a?54 Sale Sale Sale 17 60 x Sale Sale 4 Sale Sale Sale 25 16 X Convertible preferred..l00 Silver King Coalition.......5 Sale Simmons Co.. Slmms Petroleum Sale Co Inc. 15 26,200 14,600 810 For jTootnotes 896 page 40. ..... 651 18)4 25 Sale 8,500 5M% preferred. ...100 110 158,800 South Amer Gold 8c Plat 1 2)4 44,400 So Porto Rico Sug 22 • 3,170 8% preferred..........100 128 43)4 Sale Sale Sale Sale Sale Sale 9054 Sale 100 Sale Sale Sale Sale 102 26 Sale 103 7)4 Sale 22)4 Sale 254 Sale 20 30 91 Sale Sale 94 Sale 93 106 99 19 x Sale 14)4 Sale 11x 12 14)4 Sale Solvey Am Corp—>200 Sale 754 Sale ....... Sale 2x 3 * ..10 Smith 8c Corona Typewr Snider Packing.... ......... 2th Sale 3 54 * Smith (A O) Corp.. 5 854 Sale 13 11)4 17 x 1854 2)4 154 6)4 Sale 6% preferred—.........100 91)4 July 27 12)4 July 26 44 x July 58 July 6)4 Juiy 8x July 13 x July 1954 July 2654 July 2)4 July 46 x July 154 July 20 3 54 July 20 454 July 7 x July Sale * Sloss-Shefflefd Steel 8c Ir.100 86 preferred.. July 27 1 July July 11 8 July July 12 -- Sale Sale 57)4 1 454 Sale 40)4 42 8)4 Sale 10 Slmonds Saw 8c Steel Co....* 51 Uelly Oil Co 25 14)4 91)4 11)4 4354 53 Sale Sale ——— 'l5J4TJuiy"l9 91x 8)4 40 54 5454 6)4 6)4 114 Sale Sale 131 111)4 113 2)4 Sale 20 x Sale 128 150 36 80 w* 96 98 103 13)4 1354 Sale 20 )s 77 75 X Sale 6 46)4 Sale a Sale 3' 2)4 2454 Sale Sale 3)4 72 16)4 17)4 62)4 554 43)4 10)4 25)4 17)4 103)4 Sale Sale Sale 68 5)4 Sale Sale 27)4 Sale July 1 10 July 1754 £uly 8 12 July 154 July 38)4 July 1 July 2 x July 3 July 7)4 July 1754 July 70 July 83 July 94 July5 13 July 18 x July 73 July x July 6 July 43 x July 23 54 1X 2254 354 66)4 14 x 15 x 60 454 42 8x 24 x 1554 105)4 103 8 25)4 Sale it* 20 * 7)4 22 x 254 18 x 13 27 1 July July 7 7 18 __ 1 1 7 12 14 26 June ix Mar. 11)4 May 39x Mar. 38 May 754 Mar. 17x Mar. 65 Apr. 62 X Feb. 10 x June 84X Apr. 454 Mar. 3354 Mar. 51x Jan. 5)4 June 5 Mar. 7X Apr. 4754 5 July 1 July 5 26 x July 19 July 354 July 11 1 July July 12 1 July 1 July 2 July 1 July July 13 July 12 6 10454 July 1 July 854 1 July 1 July July 13 21 1 July 32)4 July 27 92)4 5 98 ; July July 18 102 2 20* July 1 July July 15 6 July July July July July July July July July July July July July July July July July July July July July July July July July July July 1 7 3* 8* it* 4* 8* ta July 21 Jan. 11 Jan. 13 15 2$ Jan. 58 ii* 18 19 Jan. 3 Jan. 10 11X July July July 74 July 20 66 X Jan. 22 n 13 25 22 Jan. 10 20 X July 25 3 zz* 73 Jan. 15 Jan. 13 w* July 7 Jan. s Jan. 21 64 X Jan. 1754 Jan. 21 37 85 7 91X July 12 X July 46 X Jan. 58 X Jan. 26 8 Jan. 7 tg 27 11 July 30 July 21 14X Mar. m 13 Mar. 26 X July 1 X Juhe 25 X May Jan. io July IX July July 25 Jan. 26 X June IX Mar. Jg m Jan. 19 19 20 20 2 Mar. 6 May July 12 Mar. Mar. 23 X Jan. Jan. 81 20 Mar. 94 July 28 Mar. 105 Feb. 11 854 Mar 14 X June 19 Jan. va Jan. 6 85 Feb. 23 1 Jan. 4 94 8 11 25 13 x June 254 Mar. 34x Mar. X Mar. 6 6 Jan. 6X July July Mar. 58 68 July July July July July July July July July 11 4 20 30 X Jan. 27 X Jan. 80 1554 21x 76 x 54 7 July 18 1 11 58 22 12 1 14 754 July 77 X May 1054 June 2254 July 7 104 19 24* 9 15)4 1854 July July X July 29 1)4 June 1454 June 8)4 May 18 Mar. 954 Mar. 49)4 May 40 Apr. 95 17 x July 57 July 58 July ""60 ~ 40 Sale 93 7 18 16 X Jan. 5 Apr. 5)4 Mar. 8 80 1 Sale 1 1 8 21 19 19 25 25 20 13 x July 39 Sale 5 Jan. 14 454 Mar. 1454 July 3054 July 78 July 31 70 80 96 7 20 June 63 x July 20 64 x July 19 16 1854 24)4 Sale D4 2)4 38)4 Sale 1 M* st* 17 July Mar. 60 x Jan. Mar. 13 Jan. June Apr. 12 1 1 1 2 60 10)4 Sale ix July 11 ISfi June 116 36 X 13 X 98 X 88 X May May 254 July 13 20 x July 25 63 Sale 9 July 12 x July 13 x July 60 July 51 July 6 13)4 July 92 July 88)4 July 1454 July 1154 July 754 Jury 80 July 58 July 3)4 July 24 July 17 x July July July July July July July 1 July 9 July 11 July 13)4 July 1754 July 74 July 62 July Jan. 1 12 2)4 Sale 18)4 Sale 58 * * 15 1054 10)4 1454 58 Sale Sale 53 55 5)4 7X 6 54 Sale 1 IX July 9 70 Sale Sale Sale 1 1354 July 22 July 17 July 5 July 51 July 54 July va 26 1854 Sale 59)4 Sale 854 4154 254 July 5 12 62)4 60 x July 1 60 Sale 100 13 11 5 52 1 50 Sale 18)4 8)4 10 6 1954 July July 44 5 21 2 a 1 12 27 14 75 Sale 56 10 2 17* 29 20 x July 16)4 Sale _____ 10 x 1 Sale 72 15)4 Sale . 3054 Sale 66 78 V 83 July July July July1 July July July July July 5 115)4 July 1 36 July Sale Sale 8 IS* 20 SJf Sale il* 50 9)4 2)4 Sale 22 x 14* 58 87 80 56)4 Sale 62 Sale 1154 100 7 75 o 2 32 x Sale 56 a 115 1154 654 Sale 1354 9 1154 24)4 22 1854 5)4 Sale 84 X 100 ix Sale 11 Sale 4X 39 9 Sale 20)4 Sale 15)4 Sale 23)4 Sale 18)4 17)4 Sale Seaboard Oil Co of Del.....* 1,033,900 Socony Vacuum Oil 14 100 Sale 100 {Seaboard Air Line.. 800 Sheaffer (W A) Pen CO— 157,000 16,900 103,600 189,400 28,500 Sale 54 81 7 IP Sharp & Dohme Sale il» 75 70 Sale 31 90 63 I* 4*2% preferred..... 11)4 Sale 71 Sale 46,800 6% preferred... .100 254 1,030 {St Louis Southwestern .100 30 5% preferred .....100 110,400 Safeway Stores..... .....* 1,950 5% preferred...........100 1,980 88 6% preferred...........100 4,760 7% preferred 100 100 29,300 Savage Arms Corp. 18 .......* 232,700 Schenley Distillers Corp....5 24 17,400 74 5)4% preferred 100 211,800 {Schulte Retail Stores.....! x II,900 8% preferred....... .100 5x 14,320 Scott Paper................* 37)4 97,000 23,100 162,000 7,400 595,000 276,900 54,800 5,900 89,400 9,200 91,200 14 11 16 25 81 60 15 12)4 Sale 92 88)4 86)4 Sale Sale 83 11 65 60 1254 94 Sale 86 16 10 X 7X 10 X 11X 12X Sale 60 3254 Sale 1154 Sale Sale IX Sale Pref with warrants......25 • Sale Sale 116 113 115)4 120 33)4 Sale 79 62 June X Feb. Mar. 47 X 3 1 22 19 IX Mar. uh Mar. 27 X Feb. 2 June Jan. 25 19 25 25 4 754 34x Mar. 12 Jan. 3* Jan. | July J J ] 47 Mar. 75X July s it* Mar. Mar. 18 July ] Mar. 25 12 20 29 25 20 x Jan. Jan. 66 ] 45X Mar. July ] 37 X June 654 Mar. 20 X Apr. Mar. 10 Mar. 93 454 Mar. 12 X Mar. 2X Apr. Mar. 48* Jan. ] ] July J Jan. J 18X July i J 9X Jan. ] 27 X July ] 3X Jan. 1 104 X July 22 Jan. ] Mar. 3454 Jan. ] 27 7 x84 Mar. 93 Feb. 45 91 Mar. 25 20 20 20 13 10 112 x July- 7 113 11254 114 July 11 2 2)4 2)4 July 1 2)4 July 22 21 Sale 20 July 6 24 July 25 128 131)4 July 12 132 July 23 111 30)4 Sale 91)4 92)4 29 x 92 x 95 Sale 91 99 101 8* w 2054 18)4 1154 Sale 101)4 18 x 14 x 11x 14 x \va .118 May Apr. Mar. 8X Mar. 10 x Mar. 98 102 20 X 19 July June i Jan. ] July : 13 X Jan. ] 16X Jan. ] Apr. 14 113X 1X Mar 29 3X 16 X May 24 28 128 Jan. 4 140X Feb. 28 Jan. 13 Jan. 10 Mar. 26 n. y. stock aug., 1938] AOOBEQATB SALES Since July Shares 19,300 347,100 141,000 69,100 600 2,200 640 : 47,400 5,500 2,200 166,000 9,500 , 300 282,700 2,670 12,600 129,600 2,100 13,200 37,900 70,400 6,100 47,100 79,600 68,300 100 154,400 4,500 8,000 52,200 4,800 184,900 168,500 2,800 390 37,700 13,900 111,300 15,100 6,900 2,700 21,400 7,500 40,100 25.300 1,700 94,600 501,300 276,250 3,000 7,900 2,140 148,200 13,700 6,900 924,000 23,900 3,700 647,200 14,130 71,900 531,900 18,300 67,100 176,300 320,900 26,000 180,500 2,500 408,700 336,500 1,800 785,400 10,600 48,200 131,500 20,600 599,500 439,800 22,600 2,060 207,,300 59,000 293,600 59,900 29,300 3,920 116,400 39,700 900 150 preferred.......... Sparka Wlthlngton 19,900 67,900 2.600 19,300 25,700 3,100 62,900 3,300 34,700 18,300 38,400 34,800 13,200 42,700 1,400 4,700 600 107,400 5,300 7,400 1,630 44,700 2,300 6,000 106,000 95,500 27,400 16,500 6,400 4,200 198,400 145,800 11,200 5,800 Sperry Corp (The) f t c.. ...1 • Splcer Mfg Co 8,600 316,600 19,500 117,700 105,200 225,300 150,500 31,600 222,600 3,800 32,700 5,200 264,100 22,640 27,300 8,700 117,500 10,000 32,900 258,100 605,700 136,300 iiii Sale Sale Standard Brand*........ 34.50 tStand Com l Tobacco.. nil 10654 2*4 3 *4 4*4 Sale 34 *4 4 IV4 8% 25 Sale 16 36 40 33* 10*4 63*4 Sale 23 Sale 8 Sale 101 Sale WA 66 Sale 4*4 Sale 4 Sale 9 % Sale 9 Sale 9 Sale $ Sale 20 Sale 37 prior preferred..... 22 Sale 24*4 Sale 1*4 Sale Sale 30 Sale 31$ Sale Standard Investing Corp.. 1 * 28 *4 Standard OH Co of Ind...25 33 ml 31 Stand OH of Calif 25 57 —* Sale ..10 54 Sale 9 54 Sale 67 Corp......5 9 Sale 7ml Sale 9*4 Sale 4*4 Sale 47 *4 51 7 Sale 25% 07% 1134 7% 10*4 8% L S) Starrett Co (The Warner Sun Oil 1 Co Inc Stokely Broa Ac Corp.. ........1 • . 6% preferred...........100 Co.......10 Superheater Co (The)......* Superior Oil -1 Superior Steel ..—.—100 Sutherland Paper Co....—10 Sweet* Co of Aa»er (The)..50 Sunshine Mining ...... ...... 25 Swift & Co Swift Internet Ltd.......... 5*4% preferred..........50 Texas Gulf Producing Co— Texas Gulf Sulphur If 1 Tex Pac Ld Trust ctfa -10C Texas Ac Pacific Thatcher Mfg 33.60 preferred......* cony The Fair Co 7% ........ preferred..........100 Thermold Co. Preferred . 10 * $4.50 conv pref 27 Sale x25% Sale 2% Sale 15% Sale 2 Ml 14 *4 Sale Sale 17$ 21 8*4 10m 16 % Sale 23 % Sale 8 ml Sale 6*4 Sale 6m 7 41 4*4 49 4*4 6 Sale 39 Sale 27 Sale 7*4 Sale 8*4 Sale 18*4 Sale Sale 55 4 Sale 56 63 63 2 Sale Sale Sale 88 Axle CO...10 Sale ..._• Sale Transamerlca Corp new....2 Sale Tlmken-Detroit rimken Roller Bear Transc & Tran Ac West Air Inc 5 Williams Steel Forg* TrI-Contlnental Corp......* .........* 6% preferred * Traax Traer Coal Trascon Steel Co .. .w.__10 20th Cent Fox Film Corp—* Sale 124 13 ... Tide Water Assoc Oil 4 129 Sale Sale 19 ......... 557H 121 12 8% Sale —* Texas Pacific Coal Ac Oil 9*4 Sale Sale Sale 7 Sale 88 Sale aVA Sale Sale 10 Sale 9 Sale 27 Sale 2834 7*4 Sale 5$ Sale 6$ Sale 43 534 Sale Sale 7 43*4 Sale Sale 33*4 Sale ion Sale 9$ Sale Sale 23 20 20 53 % 57 41 7% 4734 534 3534 1134 10% 22 22 57% 3*4 Sale 15 25. 1*4 Sale 4 % Sale 14*4 15 Sale 13 *4 Sale 14$ Sale 9334 Sale 11% Sale 47% Sale 11$ Sale 6% Sale 8% Sale 4% Sale 77*4 Sale 4% Sale 9% 10% it* 2% -—• 2 2 1434 47 1034 7 1034 434 8634 534 9 29 m Sale 82 82 22,800 4% preferred...........100 26,300 Union Tank Car 5 1,255,500 United Aircraft Corp... 456,400 United Air Lines Transport.5 * 13,900 United American Bosch * 30,000 United Biscuit of Am.. ....... ...100 Preferred •.• United Carbon Untted-Carr Fastener Corp.* 82 Sale Sale Sale Sale Sale 116 Sale 19 * Sale * Sale Inc...........5 Sale United Corp Sale 78 21 2234 27% 9% 1334 1734 27% 8% 8% 17% 113 Sale Sale Sale Sale (114: 55% Sale 17 Sale 116 5 Sale United Eng Ac Foundry.....5 Sale 30 ....* Sale 6534 Sale ♦ Sale 10 % * Sale ......10 -.100 Preferred United Electric Coal Cos United Fruit United Gas Impt Co Preferred 80 United Paperboard Co.....10 U S Ac Foreign Secur Corp Preferred. : .... U S Dlstrlb Corp Preferred.. .... S Freight... U S Gypsum Co..... 7% 5 * Sale * .. 90 1m 7m * 100 • Sale 20 8ale 5 Sale 5*4% conv pref..........50 U S Industrial Alcohol.....* Sale U S Leather.. Sale Class A— Sale 32 75 Prior preferred.........100 U 8 Pipe Ac Foundry 20 Sale Sale Sale 8% Sale 74 80 H 1% 534 7 34 8% Sale 88 i70 preferred..........100 U S Hoffman Mach 6 3334 Sale 175 734 Sale 2834 Sale 21% Sale 5% Sale 934 Sale 09% Sale 37 Sale * Sale 5% Sale 10 Sale 3634 Sale 1st preferred.... 100 U S Smelt Ref Be Mg 50 Preferred...............50 Sale Sale Sale 76 67 Sale 62 Sale U 8 Realty Ac Impt.... US Rubber 8% 1 paire 40 Sale 5% Sale Sale Sale Sale Sale Sale 2334 W* 60 3 4% 15$ Mar. 30 734 Mar. 31 29 18 25 234 534 Sale 4734 Sale 734 Sale 434 88 3334 Sale 134 June 13 2 Sale 2134 July July July July July July July July July July July July July July July July July July July July 25 Mar. 31 24% 3234 3954 17*4 Mar. 30 Sale Sale Sale 1734 Sale Sale 35 " Sale Sale 643 103 7 1 5 1 1 12 834 6 59 7 12534 1 6 1 11 1 12 1 1 6 1334 3034 334 l7A 32 1434 19 34 2934 14 934 July 734 July 734 July 42 July July July July July July July July July July July July July July 26 134 July 1 434 July 1334 July 1 7 4334 4 33 1034 934 1934 22$ 57 4 334 6 1 1 1 1 13 5 5 14 14 13 1 27 1 8 47 234 July 13 July 1434 July 9134 July 1134 July 45 July 1034 July 6$ July 834 July 4 July 77 July 434 July 9 July 2234 July 32 July 434 July 27 July 834 July , 6 11 23 1 1 1 15 28 1 1 15 1 Til M 25 29 20 8 25 25 30 Mar. 29 May 31 15 July 2134 Jan. 34*4 July 3$ July Mar. 31 iF 25 22% Mar. 30 25 25 25 14 4% Mar. 3^ 334 May 27 5 July 34 Apr. Mar. 31 26 k 15 8 134 July 5734 July 1234 July 77 July 2034 July 7734 July 12 7134 July 18 12 Sale Sale 108 Sale 6 1 1 5 1 5 1 , 27 19 21 25 1 Mar. 14 24 25*4 17*4 41 *4 15*4 70*4 31 9*4 107*4 3*4 5*4 11*4 23 28 Jan. 78 134 us July July July July July July July July July July July July July July July July July July July Mar. 31 Mar. 28 w 118 10*4 Jan. 8*4 Jan. 754 July 11 11 25 47 10 Jan. 5*4 June 29 8 Jan. 11 49*4 July 20 5$ July 29 35$ July July 25 23 59 July July 5*4 July 56 5 -Jan. July 26 13 13 25 15" Mar. 24 2*4 Jan. 13 5*2 July 18*4 July 19 26 4 July 25 19 25 25 8 Mar 31 July 15*4 July 8 Mar. 30 Jan. Mar. 30 4 A Apr. 1 Mar. 30 77 June 27 334 Mar. 28 534 Mar. 31 4i* Mar. 30 Mar. 25 Mar. 26 8*4 July 11 4*4 87*4 6*4 10*4 26*8 38 6 2*4 July July July 66' 15 25 39 Jan. 4 12*4 Apr. 1 Mar. 26 22 34 Mar. 31 434 June 18 434 Mar. 29 Apr. 1 25 60 3 20 2134 Mar. 31 Mar. 2( Mar. 31 834 Mar. 3( 7 100 7 3 Mar. 14 Mar. 2f 21 7 23 434 Apr. 62 63 3 Mar. 2( 25 5 Mar 18 Jan. Jan. 3( 22 55 25 2 16234 19 24 26 20 13 19 534 50 13 21 25 23 25 21 25 45 25 1 /44 26 *55 July July July 31 634 Mar. 31 1434 Mar. 31 11034 Jan. 20 1 May 6 May 16 3( Mar. 31 Mar. 2^ Mar. 2\ June 2( Mar. 31 Mar 3i Mar. 21 Mar. 21 Mar. 3i Mar. 31 Mar. 31 Jan. i - 1( Jan.'i: 12 Mar 25 50 July July July Jan. 44 Mar Mar. 3< 13 23 June 3( 3134 Mar. 30 1934 Mar. 31 5 Mar. 3( 2 14*4 Mar. 10 30*4 July 25 3*4 July 30 Jan. 10 July 20 14*4 July 28 July 19 July 25 July 5934 Apr. 20 25 13 25 29 20 7 15*4 July 20 18 Jan. July July July July 98 Mar. 30 29 29 68^ 1034 Mar. 29 30 19 7 15 25 25 28 26 7734 Apr. 29 Mar. 31 20 Feb. July July July 12*4 July 10 1734 Mar. 31 5534 Mar. 31 2 25 Jan. 22 21 26 13 July 24*4 July 25 25 19 34*4 35*4 35*4 58*4 26 334 Mar 30 834 Mar. 28 25 25 2 7 30 6 29 19 19 18 25 10 5 10 12 12 31 16 20 Jan. Feb. Jan. Jan. Jan. July July 25 11*4 Feb. 5 26 July 26 12 25 23 July July July July July 31 1634 Mar. 29 2534 Mar. 25 234 Mar. 29 15 19 July 30 8 19 66 934 85 Mar. Mar. Mar. Mar. Mar. 31 Mar. 24 8 234 July 534 July 19 1834 July 26 4 July 25 19 July 25 1534 July 25 98 July 13 1534 July 23 5034 July 25 12 5 July 834 July 12 11 July 26! 4% July 19 1634 July 14 8 114 July 1 55 i July 1634 July 13 1 3 July 6 2934 July 1 534 July 2 8 July 1 7034 July 1 534 July 32 July 12 6 67 July 6234 July 1 10$ July 1134 July 108 July 29 10934 July 1 6 8 July July Mar. 30 Mar. 30 Mar. 29 Mar. 30 3!K July 534 July 234 July July July 87 July 2234 July 88 July 7634 July 22$ July 3034 July 11$ July 1434 July 1834 July 116 July 6534 July 17 34 July 334 July 3434 July 7 July 1034 July 77 July 834 July 3634 July 4 5334 June 23 Apr. 13 Apr. 12 25 5 Mar. 31 434 334 3234 234 634 July 9$ July 2634 July 38 July 534 July 38 July 12 ■ July 29 13 Mar. 30 19 8734 July 1 June 21 21 4*4 July 11 nA 17% Mar. 30 12 25 10 Jan. 46 17 534 Mar. 29 I? 334 Mar. 30 59 45 Mar. 29 8 125*4 11934 Feb. 934 Mar. 31 1734 Mar. 31 1% Mar. 26 7 25 July 22*4 Jan. June 20 1 1 Mar. 29 25 28 29 22 Mar. 31 5 1 19 8 Apr. 6 4934 July 534 July 35$ July 12 July 1134 July 26 July 2434 July 59 July 534 July 8 934 734 July July 12 80 134 34 July 22 7 6 8^ 7 934 July 5 11 1234 834 July 1034 1 86 July 9634 8734 Sale July 28 172 16334 16934 169 6 9 734 July 934 1034 1 28 34 July 3134 Sale 2034 July 11 1 534 July 1 934 July 1 70 75 6934 July 8 Sale 42 .3634 July 4434 1 Sale 7 5$ July 634 8 47 3634 July 4434 Sale Sale 82 7534 July 11 8534 Sale 65 6334 July 29 71 60 64 July 15 04% 6334 834 80 Mar. 29 49 534 July 5 20$ Sale 77 Mar. 31 13 1 July 2734 July 834 July 834 July 234 6534 1434 8 Mar. 30 634 Mar. 31 4834 May 26 1234 Mar. 31 6$ Mar. 31 94 Mar. 18 25 3134 Sale 634 Sale 74 734 July 534 July 634 July 42 July 45 v 09% 109*4" 107 United Dyewood Sale Sale Sale Sale Sale Sale 2634 6134 Sale 17 1534 3% 30% 5% 8% 70% 5% Preferred United Drug 29 & 80 73% Sale Sale 17 1134 Sale Sale Sale 19 Sale 25 ..... Union OH. California 8 1034 96,800 Union Pacific........—.100 2% 58 15 9634 Sale 25 Elliott 1934 Mar. 26 July 21 5$ Sale 3234 434 Union 2 4 Mar. 30 Mar. 25 Mar. 26 434 Mar. 30 1034 Mar. 30 11 934 Sale Sale Ulon Ac Co 29 July 12 Sale 15 Sale Underwood 8$ Mar. 30 1734 June 17 2$ Mar. 29 28 Sale 16 4% Sale 34% Sale 8% Sale 38 m Sale 5$ Mar. 30 23 1 95 23 .......1 31 July 834 July 10234 July 3 July 5 July 1034 July July July July July July July July July July July July July July Sale 33 ...........100 1934 Mar. 31 934 Mar. 31 July July July July July July July July July July July July July juiy 1534 loy4 7034 July 7 434 18% 3 34 Sale Co 17 34 41$ Sale 534 Sale Preferred.. 24 12 48 ..* Twin Coach 2134 3434 334 43 34 2534 July ,42 5 49 3 15 4$ 9 Sale 0% Sale 7 734 Sale 4 43 25 2134 July 11 Sale 8 j4 i 18 Twin City Rapid Transit...* 31.50 preferred 27 Sale 55 56 57 ; 125 125% 129 12% Sale 1034 25 28% Sale 3% Sale 234 1634 13$ 25 30% 7% 17 *4 4 18 July July July July July July July July 3034 July 3134 July 33$ July 5334 july 241 July 04% July 35 Sale 25 42 Highest Sale Prices June 21 33 Sale 37 30 27 1 1 1 • 1 32* Sale Sterling Product* Inc.. Studebaker 1 53 *4 24 42 23$ Sale 24 Sale 22 Standard OH ef N J— Stewart 20 44 ml 20 % 10 25 Standard OH of Kantaa U 22$ 734 10034 134 434 834 1834 2 18 22$ July July July July July July July July July July July July July July Sale Price 6334 July 28% Sale 8% Sale 234 6334 1334 83 34 2134 Sale 36 prior preferred..... {Standard Gaa Ac Elec— 34 preferred . ..... 334 4034 334 834 2234 1234 3534 1034 42 102 2 Sale Sale Sale 12% Sale 77% Sale 20% Sale see 9 22 23% 24% Sale Sale 22% 1534 1034 1634 Lowest Sale Price Highest Sale Prices 25 42 56 For footnotes 54 Sale Sale 22 Sale 3 3% Sale 228- Sale 41% 41 , 9 Sale 3% Sale 3,200 1,700 6,100 34,300 148,500 1,240 38,700 2,300 84,600 31,800 97,800 4,400 214,700 221,700 2,513,900 616,800 63,800 9,500 51,100 61,800 505,700 79,500 10,000 2,600 Sale Sale preferred........ "I"* 35 Sale Sale 84,600 200 ... 3*4 Fisher..* 300 600 I-I2 Conv 34.50 pref....... Square D Co claaa B. 25 23% ifs Bag Ac Paper, new ..* Union Carbide Ac Car 30.000 14,800 ...... Sale 74,800 4,500 13,500 88,000 1,700 25,500 16,100 7,500 26,500 41 preferred A , Sale _ cony 200 $3 div conv pref ...10 ........100 11,800 Third Avenue 8,600 Thompson (J R)—.......25 61,700 Thompson Products.... * 76,800 Thompson Starrett —* 54,900 12,900 921,200 195,500 102,200 47,600 1,270 180,240 19,600 63,400 457,200 9,600 58,700 170 Sale 3*4 Sale 7,600 2,900 244,700 51,500 22,600 14,100 1,730 12,600 31,400 22 Spencer Kollogg Be Sona. 220 500 8*4 ........—1 60 270 Sale J Spear Ac Co 780 "4",200 AA Sale lat S3 Sale Ask Sale 10*4 16 *4 27 Spalding (A O) * Broa.. Spiegel Co Inc 15 *4 Sale Ac Ohio certlfa. .100 Mobile 24 Sale 5% preferred.....—— 1100 510 192,200 Sale + ... Lowest July 30 Ask Bid Sale 23 Bid Sale Bdlaon.. ..25 Southern Railway 10,500 Telautograph Corp........5 101,200 Tennessee Corp 5 887,400 Texas Corp (The) 25 129,500 245,300 385,800 28,000 9,300 1,200 6,100 90,400 10,200 1,600 700 California Sou Ask Southern Pacific Co..— .I0« Symington-Gould Corp with 132,900 atock purcbaae warrant*. 1 94,900 Without warrant*........ 1 6,600 Talcott (James) Inc— 9 10 1,300 22,300 188,500 65,300 31,500 53,900 July 1 1938 Par 1,259,400 1 Price Jan. 3 Jan. 1 Shares RANGE SINCE JAN. PRICES IN JULY stocks N. T. STOCK EXCHANGE In 39 exchange—stocks 87 July 22*4 July 88*4 Jan. 81 Jan. 23*4 Jan. 30*4 July 11$ July 14*4 July 19*4 Jan. 116 July 65*4 July 19*4 Jan. 3 *4 J an. 34$ July 7*4 Jan. 10*4 July* 80*4 Jan. 8*4 July 36*4 July 67 July 11*4 Jan. 109$ July 8 July 8rs 2i 2! 2. 2, 2 July July Jan. 2 li < 2< l: 1( 21 7 18 July 23 12*4 July 25 96*4 July 25 172 July 2 10*4 July 19 35*4 Jan. 12 24*4 July 20 6$ July 13 12 July 19 70 July 13 44*4 July 25 July 25 47 July 25 July 25 Mar. 31 it* Mar. 8 Mar. 31 70*4 Mar. 5 40 N. Y. STOCK SALES AGGREGATE In Since July Shares - • 646,000 17,200 6,600 70 14,100 1,800 29,900 1,600 1,100 3,100 29,700 216,000 31,100 200 2,400 V,.. 310 5,800 3,800 20,300 30,800 6,700 491,000 49,200 6,900 33,000 69,500 11,150 792,400 4,820 145,900 13,300 50,500 35,800 93,300 800 151,100 11,900 900 11,700 14,700 1,400 274,000 670 32,800 5,500 24,100 12,100 23,600 5,300 Van Raalte Co... 2,680 3*.700 3,200 2,580 4,680 4,260 3,010 3,980 75,200 46,200 8,400 11,400 36,000 500 450 820 660 900 450 10,000 8.600 4,100 2,200 12,900 Sale 11 Sale 147% 18% Sale Sale .... 100 Waldorf System............1* Walgreen Co * 4%% pref with warr....l00 Walworth Co.. * "~3% Sale" 22% Sale 108 3% Sale 2% Sale Warner Bros Pictures 92.85 conv 5 preferred.....* 7 Sale 74 Sale 41% 18% Sale 2% Sale 36 6 36 39 Sale Sale 3% Sale 10% Sale Warren Pdry 8c Pipe........* 16% Sale Waukesha Motor Co.. Wayne Pump Co 5 ........1 7% preferred 100 1 i Wells Pargo 8c Co. Wesson Oil 9c Snowdrift $4 cony * * preferred.........* West Penn El Co "A" 7% preferred • .....100 6% preferred...........100 West Penn Pow pref 7%..100 < 6% preferred..........100 Western Auto Supply Co.-10 ..* 22,200 Westvaco Chlorine Prod.... * 3,500 5% preferred..........__30 Wheeling & Lake Erie— 480 5%% conv pref 100 138,600 Wheeling Steel Corp.......* Preferred. 1,100 100 95 cony prior preferred^..* 5,600 2,700 White Dental Mfg Co (S S).20 330,700 White Motor Co... ....1 21,800 White Rock Mtn Spgs ctfs..* * 38,500 White Sewing Mach Convertible preferred....* 29.300 ... 131,700 7,600 9,300 6,100 25,300 114,600 67,700 204,000 20,600 78,700 414,000 160,900 1,430 9,000 13,500 13,750 13,500 24,800 2.009,000 4,960 61,600 750,800 1,100 131,700 268,200 111,300 ' Wilcox Oil 9c Gas Willys-Overland 6% cony pref.... ....10 Sale 106 35 16 Sale Sale Sale 4% Sale 26 110 3 Sale 110% Sale 7% 10% 102% 113 60 Sale 116% 125 1% 3 1% Sale 0 8% Sale 39% Sale 18% Sale 14% 14% 3% Sale 39 42 6%; Sale 35 Sale 3% Sale 12 Sale Sale 2 Sale 2% Sale ~"I% Sale" "■"% ~"I" 27 73 100 102 97 120 112 15 Sale 74 Sale Sale Sale Sale 113 16 23% Sale 130 14 15 36 Sale 29 Sale Sale 18% 19% 17% Sale 3 % Sale 49% Sale 6% Sale 35 37% 3% Sale 12% 20 28% 28% 21% Sale 29% 30 3% Sale 1 39 1% Sale 24% Sale 75 95 Sale 80 52 13% 14% 14% Sale 14% 17 Sale Sale Sale Sale 2% 2% 4% 4% Sale Sale Sale Sale 14 8% Sale 9% 10% 1% Sale 13% 12% 2% 2% 2% Sale 4% Sale 50 13% 9% 7% 1% 41 15% Sale 45% Sale .100 7% preferred "A" 100 Prior pref 4%% series..100 60 30 100 37 Prior pref 4% % conv ser 100 Wright Aeronautical Corp..* Wrlgley <Wm> Jr.. • 36 45 40 81 Sale 86 Yale 9c Towne Mfg Ce..._.3S Yel Trk 9c C'ch class B 1 23 7% preferred..........100 Young Spring 9c Wire ......* 68% Youngst'n Sh 9c Tube 37% Sale 73% 80 60% Sale 63 Sale 8% Sale 81% 13% Sale "l3% Sale" 2% Sale 70 § 2 16 3 82 95 Sale 2% 18 Sale 2% Sale 5% Sale M *8* 19% 47% 20% 65% Sale Sale Sale Sale . 2% 2% 4% 4% 40 38% 50 43% Sale 14% Sale 92 95 17% Sale 39%. Sale 71 99 17% Sale 17% Sale 4% Sale 93% Sale 70% 72 35 20 36 Sale 101% 109 20 Sale 86 68% 35 14% 95 37% Sale 17% 36% 71 80 85 20% Sale 21% Sale 3% Sale V Ei-rights. July 16 July 21 July 19 July 23 July 22 July 19 2 July 25 4% July 23 2% July 27 8% July 25 16% 17% 3% Mar. 31 38 91% 29% 40 3% 9% 1% May Mar. Apr. Mar. July Mar. 37 Feb. 7% June Mar. 48 134 27% % % 16 11% 14% 97 May Mar. Mar. June 63% July 25 31 114% Jan. JO June 20 30 36 25 45% July 29 30 5% July 21 20 10% July 29 26 3% July 25 50 3 July 21 13 13% Jan. 14 74 31 July 2 July 22 11 150 Jan. 12 30 54 1% Jan. 7 30 1% Jan. 10 22 Mar. 26 Mar. 31 Mar. 31 Jan. 105 Mar. 30 1% Apr. 13 6% Mar. 26 100 37 Mar. 29 Mar. 31 116% July 19 Mar. 21 1% Mar. 23 1% Apr. 22 5% Mar. 31 1 18% July 26 13% June 10 74 Mar. 29 4% Mar. 30 30 Mar. 31 45 July 21 19 July 28 19% July 27 17% May 18 July 16 July 20 8 July 19 43 July 19 4 % July 15 16% July 15 29% July 21 22 July 29 31% July 25 2 23 4 51 70 July 26% July 84 July 54% July 15% July 15% July 8% July 2% July 18% July July 12 3% 3 July 12 July 12 6% July 1 5% July 6 53 July 1 21% July 1 48% July 6 22% July 8 72% July 20 40 July 2 50% July 1 102 July 1 71% July 11 39 July 1 21% July 2 102 July 1 22% July 12 41% July 20 80% July 5 21% July 1 25% July 29 4% 14 26 26 27 19 25 21 25 July July July July July July July July July July July July 19 25 13 21 19 20 25 20 21 5 25 22 25 2 July 20 July July July 25 7 19 Mar. 26 Mar. 26 Mar. 31 3% Mar. 26 20 Mar. 26 1% Mar. 31 5 Mar. 31 16% Mar. 31 11 Mar. 30 17 29% July Mar. 30 42 June 22 22 . 2% 4% 3% 8% 20% 84% 10% Jan. July Feb. July Jan. July July 45 July 19% Feb. 19% July 4 July 51 8 43 17 25 19 Jan. 17% July 5% Jan 32% Jan. 114 July 4% Jan. 15% Jan. 120% Feb. 65% July 118% Mar. July July July 4% July 16% July 29% July 22 July 31% July 3% July July July 9 80 1% Jan. % June 9 July 25% Mar. 31 39 71 Apr. 8 82% July 70 Apr. 1 102% Jan. 82% May 31 102% Jan. 74 Mar. 29 97% Jan. July 116 Mar. 31 122 June 111% Jan. 6 118 19 Feb. 12% May 31 4% Jan. 2% Mar. 31 1% Mar. 26 80 30 21 21 16 20 11 28 22 21 11 23 4 25 10 28 22 21 18 27 16 20 19 19 15 15 21 29 25 30 9 28 30 29 3 3 3 19 27 23 10 Jan. 10 1% Jan. 3% July 11 22 16% Mar. 31 34% July 15% Mar. 31 28% July 61% Mar. 31 109% Jan. 20 21 15 Jan. Mar. 31 140 9% Mar. 30 18% July 35 July 31% Mar. 28 10 Mar. 31 20% July 30 20 Mar. 31 July 27 3 Mar. 25 % Mar. 23 1% Mar. 18 9 103 23 13 25 20 Jan. 4 14% Mar. 26 27% Jan. 12 75 42 12 Mar. 29 95 May 27 59 4 14 Mar. 26 15% July 19 6% Mar. 31 6% June 20 1% Mar. 31 8% Mar. 31 15% July 25 Jan. Jan. 21 22 21% Jan. 24 1% Mar. 30 3% July 1% June 16 3 65 25 July 1 July 26 July 26 July 19 July July 8 25 Jan. 21 % July 19 107 30% Mar. 30 14 Apr. 9 2% Mar. 29 15% Mar. 30 84% July 28 10% July 22 1 34% July 20 5 28% July 21 1 106% July 25 6 136 July 11 5 18% July 23 14 35 July 13 5 20% July 25 1 30 July 20 .July 14 21% July 12 81 July 20 50 July 1 15 July 7 9% July 1 7 July 15 1% July 1 14% July 2 36 36 2 114 1 4% 9 11 23 113 1 65% 19 116% 70 45 69% Sale 30% July 25 July 1 3% July 30 July 9 80 July 9 % July 14 1 July 13 34% July 8 39 July 30 80 July 20 82% July 29 80 July 1 85% July 25 94 July 23 100% July 18 85% July 1 92 July 16 119% July 6 122 July 19 xll4% July 1 117 % July 21 16% July 11 18% July 22 3% July 29 4% July 20 6% July 6 8% July 21 1 % July 5 Ji July 1 2 July 1 3% July 22 43 Sale Sale Sale July 5 July 25 July 19 July 1 July 29 July 30 July 19 2 33% Sale 18 59 1 1% July 2 3 July 1 2 July 2 6% July 6 16% July 12 81% July 11 8 July 8 39% July 1 18% July 1 14% July 6 3% July 1 41 July 8 6 July 21 35 July 1 3% July 1 12 July 1 25% July 8 16% July 1 27 July 1 15% 45% 17% 57% 33% 1.°Mf ffe* Ei-'Uvldend- Printing Ink Oorp. Sale 1 22 1 21% 6 29% 1 106 18 35% 1 17% 6 5% 29 July 23% July 95% July 140 127% July 15 17% Sale July 34% 37% 33% July 19 Sale 15% July 29 29% 26% July 21% Sale 57 12 63% July 25 15 110% July 26 19 35% July 29 13 45% July 29 5% July 21 5 2u 10% July 29 1 3% July 25 6 50 July 21 23 11% July 7 11 74 July 2 6 150 July 22 8 45 July 18 21 1% July 1 1 1 July 25 Sale 90 Sale 82 Sale Prices 31% Sale 25% 26 101 130 105 63 16 70 Sale Prices 80 80 13% Zenith Radio Corp ......* Znnlte Products Corp 1 43 85 22 58 8H% preferred.. ..100 Youngstown Steel Door * 7% 8 17% 18 82% 89 9% Sale 26% Sale Sale Sale * 3 Sale 10 10 2 Sale 36 16 Worthlngton P 8c M 1% 1% i 3% Sale 16 24 Sale Prices % Sale 5 Woolworth (F W) 1 Sale 35 34% Highest Sale Prices 4t$ 16 33 32 12 Lowest 55% July 59% Sale Sale 105% July 34% 35% 32% July 44% July ~~M 4% July lu% Sale 9% July 2% Sale 2% July 42 45 52% July 9% July 9% 10% 74 Sale 67 July 149 165 145% July 35 39 38 July % July % July ? 20 24% 21 July 19% Sale 17% July 27% Sale 23% July 100 106 July 35% 35% 32% July 16 17% Sale July 4% Sale 4% July 28 Sale 26 July 112% 113 110% July 4 Sale 3 July 10 11% 18% July 113 111% 113 July 60 64 60 July 116% 125 116% July ----- 24% Sale 95% Sale 127% 140 Highest 109 82% 82% 80 80 Sale 84 85% 97% Sale 94% 97% 90 91 85% Sale 120 121 118% £114% Sale 116% 118 17 Sale 17% Sale 3% Sale 3% 3% 7 Sale 6% 7% 1 Sale % 1% 2 Sale 2% Sale 50 cum Ask 75% * 96 Lowest 6u preferred....... 100 Wllaon 9c Co Woodward Iron Co...... name from International ..5 Motors....1 24 27 25 99% Sale Class A. Sale 13% Sale 24% Sale 490 % Sale 17% Sale 24% 100 * Western Pacific 1 26% Sale 16% Sale Western Union Teleg 181.800 Westlnghouse Air Brake Western Maryland .....100 Second preferred...... 100 Sale Sale 82% Sale 7 ...* Convertible preferred....* {Warren Bros 11% 138% 18% Sale 10 • Sale Sale 72% Ward Baking class A.. Class B 100 Sale 1% 2 7% Sale 17% Sale Walker(H) Gooder 8c W Ltd.* Preferred................* 7% preferred 125 2% Sale 40% 18% ..* 113 3% 4% 10% 18 114% 118 49% 57 119 43 11 70 21 105 Preferred B.. 43% 46% 4% Sale 32>.* Sale 41 106 .100 Sale 39 97 6% preferred..........100 56% Sale 109% Sale 34% Sale Sale 911,800 Westlnghouse El 9c Mfg..50 7% 1st preferred 3,140 ..50 28,100 Weston El Instrument......* 300 Change of 9H 50 139 30 1% % 20 15 7% 1st preferred....... 100 269,400 3,100 200 40 July 30 Ask Bid "T% Sale" ""2% 2% Sale 110 29,400 101,000 16,900 4X 100 200 170,400 "4 Vlck Chemical Co..........5 Va Caro Chemical..........* Bid 33 6% preferred 45,800 14,400 Sale Sale 100 6,800 1,800 610 Ask 4% 4% 6% 7% 1% Sale 50 46,300 6,300 22,400 115,300 51,200 470 2,600 3,100 3,490 1,700 5,700 599,600 5 July 1 Victor Chemical Works.....5 20 6,200 6,200 35,600 21,200 Corp of America.* 20,100 Webster Eisenlohr..... 20 890 « Vanadium 930 290 100 .1 Corp..........* 33,400 t Wabash 51,700 Preferred A.. 11,900 7,300 • 100 Virginia Elec 8c Power 0% pf* Virginia Iron. Coal 8c CokelOO 5% preferred... ......100 Virginia Ry Co pref 100 Vulcan Detinntng.. 100 540 7% preferred..........100 100 79,400 44,700 111,200 Tobacco. Preferred..............100 790 18,800 10,700 122,500 102,300 4,120 2,610 1,150 2,000 1,450 230 110 K Vadsco Sales 530 340 670 180 > Universal Leaf 1,050 Preferred... 2,070 Universal Plct 1st pref.. 91,300 {Utilities Pow & Light A 4,500 5,100 12,900 20,100 • ^ 53 X 105% 7,400 25,300 5,300 170 46,400 7,500 ■ Bid * States Steel.. .... 210 1 1938 Par RANGESINCE JAN. 1 Price Jan. 3 137,300 7% preferred 100 25,400 U S Tobacco new.... 2,070 7% pref new..... ...25 56,400 United Stockyards Corp .1 Cony pref (70c) 1,800 ---* 94,100 United Stores A * 6,800 S6 cony preferred...... .«.* 7,600 Universal-Cyclops Steel. 1 180 ' N. 7. STOCK EXCHAN QE 3,160,460 (Jolted - 1 PRICES IN JULY STOCKS Jan. 1 Shares EXCHANGE-STOCKS' Apr. 12 3% June 16 3 32 Mar. 24 Mar. 30 10% Mar. 29 36 Jan. 3 11% Mar. 29 42 27 Mar. 29 Mar. 28 90 11 3 6% 5% 60% 21% 48% 22% 72% 40 28% Mar. 30 50% 55% Mar. 30 102 61% Mar. 31 71% 20% Jan. 31 39 8% Jan. 3 21% 71 Mar. 30 103 9% Mar. 31 22% 24 Mar. 30 43% 62% Mar. 31 80% 11% Mar. 29 22% 9 Mar. 31 3 2% Jan. t Companies reported In receivership. Jan. Jan. 1 Jan. 7 Jan. July Jan. July July July July July 10 19 21 25 13 21 19 20 25 20 21 5 July July July July July July July Jan. July 25 22 25 12 20 Jan. 10 25% July 7 5% Mar. 7 Y Galled for redemption New York Curb Exchange MONTHLY AND YEARLY RECORD RANGE OF Stock Sales July--Jan. 1 to July 31 1937 1938 Shares —. NEW YORK CURB EXCHANGE ON PRICES Bond Sales July 4,962,945 70,964,277 6,189,381 26,926,812 Jan. I to 1938 1937 $30,386,000 289,116,000 $36,693,000 L- — July 31. — - 206,127,000 NOTICE—Deferred delivery, under the rule and cash sales, are disregarded in the month's range, unless they are the only transactions of the month, and when selling outside of the regular monthly range are shown in a footnote in the month in which they occur. No account is taken of such sales in computing the range for the year. AGGREGATE SALES PRICES IN JULY NEW YORK CURB EXCHANGE In Since July Jan. 1 Shares 225 STOCKS Par 1,350 Acme Wire Co v t c 2b 1,500 Aero Supply Mfg class A * 45,900 Class B ...» 7,850 Agfa Ansco Corp com 1 29,700 Alnsworth Mfg Corp com 5 5,900 Air Associates Inc common._1 32,000 Air Devices Corp common.. 1 13,400 Air Investors Inc common..* 1,900 Convertible preferred * 13,000 Warrants 1,575 Ala Gt Sou RR ordinary 50 100 7,500 1,500 6,700 1,900 5,100 3,700 300 1,100 325 160 1,540 Ala Power Co $7 16 preferred 2,627 410 100 * pre* • 1,600 Allea 8c Fisher Inc common.* 2,600 Alliance Investment com...* 600 500 Allied Internet Investing 150 $3 conv preferred 800 Allied Products Corp com 900 Class A _ 500 300 15,000 16% 19% 3% Sale 22 26 17 36 24 6% Sale 3X '""% ~"~X 1% 2 Sale % Sale 48 % 52% 14 % 8X X IX 1 Sale Sale 1 v; 10 IX 7X 47% 5 2X July 1X July 15 d X 1X 16% %, 41X Sale 18 Sale 51X 8 64 56 X Sale 2% IX 54% 2X 2 15% • 70 ...100 90 Inc.... 10 8 27% July 19 16% July 4 July 37 July 10 July 8% July 1 July 1% July 16% July 25 X July 13 53 July 23 67 July 1 58% July 19 1 640 American Book Co.......100 .... $5.50 prior preferred * 112,500 American Centrifugal Corp.l 17% June 17 14% Feb. 5 2% Apr. 1 23 16X 98 16 1 100X Sale 100 14 50 4% 23** 23% 19 X 57 65 66 3 IX Sale 115 X IX July 29 July 26 July 8 July 20 117 100 Sale July 101 104% 106 July 13X 14X 13% July 1 IX X %July 56 57 56 60 July Sale 10 11 8% July Sale 3% 7 3% July X X X July 24 X Sale 19% July Sale 66 66 70 July Sale IX IX 1% July July 103% July July 15M July 56 July 12% July 4 July % July 24% July 66 July 2 July : Sale^ 150 47,400 6,300 1,800 43,900 4,800 6,900 850 5,000 17,850 37,200 Conv class A ...25 Class A with warrants...25 Class B 1 11 J* Sale Sale Sale 27 Sale 110 Sale 215,600 American Gas 8c Eleccom...* Preferred... • 15,275 26,100 American General Corp 10c $2 preferred 9,900 1 250 3,500 m. - •*,'>» - M ~ 6,200 40,300 700 9,800 1,000 2,200 2,300 3,800 200 5,500 10,900 40,600 3,100 1,800 > 9,400 Sale 4X Sale IX nx 28X 110 5X 32 27 35 12 X 10% 12% 13 20 24 21* 23 24 19 * com com 20 18 com 25 25 12 X Sale 22% 26 18 X 23 Preferred... 106 ......100 65 ..I • 16,500 Apex Elec Mfg Co common..* Appalachian Elec Power— $7 preferred - X % "8% Sale" 6 6X 1 Sale 20 23 1 11 IX 3X 10 Sale 4X Sale Sale Sale 3X Sale 6% * 71 9,200 Art Metal Works common. ..5 54,700 Ashland Oil 8c Refining Co.l 6 3X 6X Sale OX 4 July July July 18% July 1 1 11 17 21 82 % July July 14 2 24 60 70 65 Sale 16 17% 3% 14% 3% 2% 3% 11% 100% % nX X 3% 3% 3% 3% Sale 3% 6 6% 6% 73% "8 8% 7% 4% 4% 4% 1 July July July July July July July July Sale X Sale Sale Sale Sale 8 Sale 3% 2% 3% 13% 2 25 21 22 25 2% 3% 14% Feb. 10 Jan. 13 4% Jan. 37 July 10 July 9 May 1% Jan. 2 Jan. 11 19 18 18 21 10 16% July 25 % Jan. 3 53 July 23 68% May 12 63 May 21 6 2% Jan. 1% July 23 .A Feb. 10% Jan. 7 " 14 9 Jan. 6 15 Feb. 16 Mar. 30 111 July 29 Apr. 4 106% Jan. 26 Apr. 26 16% Mar. 11 June 6 5% Feb. 25 93 15 ,3 67 Mar. 31 117 10 103% Mar. 30 15% Mar. 30 Mar. 29 Mar. 31 12% Mar. 15 Mar. 14 Mar. 31 66 2 Apr. 3% July 20 94% Feb. 8 % 44 6% 2 ' % 10% 56' 1% July 6 May 6 July 11 Jan. 20 July 25 July 19 July 8 Apr. 2 July 30 July 1 Mar. 16 k 16 Apr. 14 30% July 20 29 July 23 16% Apr. 8 3% Jan. 15 1% Mar. 26 4 25 July 11 27% Jan. 15% Mar. 31 26% Feb. 24 2 July 5 % Mar. 30 8% Mar. 30 12% Feb. 15 19% Mar. 30 31% May 10 1 104 Apr. 18 111% Feb. 5% July 25 2% Mar. 30 23 1 28% July 21 Apr. 25 Mar. 31 27% Jan. 26 ► 25 8 19% July 21 16 July 2 24% July 25 20 July 7 24 8% 4 % 7 1 1 13 12 15 15 7 5 7 25'j 104 % 4% 4 % 6% 76% 9 4% 22 19 26 2 19 20 11 11 25 19 14% July 21% Mar. 15 19% July 21 16 July 2 24% May 4 23 Jan. 17 63% Feb. 15 14% Mar. 30 10 Mar. 29 June 29 11% Apr. 4 54c Apr. 13 X Mar. 25 16 Apr. 6 X Apr. 12 July ■ 1 July 20 44% July 11 July 6% July 1 July 68 July 19% July 3% July 2% July 3 % July 15% July Mar. 30 June 27 22 ' 69 Sale 3X 3X IX 2X 3X Sale 10X 11% 100% %6 3X 3X 6X 73% 7X 4% 24% July July July July July July July July July July Sale 16 17 14 Sale 42 8X 14 15 20 5 7 7 11 34 17 21 % Sale 23% 24% % 1% 42% 42% 9% Sale 5% 5X % X 25 4 13 3X Sale Sale Sale 65* 19 25X 20% 55 Sale 0%6 39 78 25% July 26% July 2% July 25 July Sale 22 July IX 1% July Sale 11 July Sale 27% July 110% 109% July Sale 4% July 28X 26% July 30 32 July 14 12% July 28 23% 82 74 X * 18X X 3 X _10 24 24 X 1 Preferred Sale Sale * 420 Arkansas P Ac L $7 pref Sale 14 60 73 26 X 27 X 22 X Sale 22 » 1,850 28,400 tArcturus Radio Tube 64,800 Arkansas Nat Gas com Class A 229,900 26,000 111 24 X 10% 158,700 Amer Republics Corp com 10 23,700 Amer Seal-Rap Corp com....2 • 215,200 American Superpower... 1st preferred • 5,700 Preferred * ;; 30,700 7,500 Amer Thread preferred..... 5 • 12,400 Anchor Post Fence com.. 1 11,100 Angostura Wupperman 40 Sale IX Sale 11X 12% 28X Sale 1 $2.50 preferred... • 400 Amer Pneumatic Service 2,550 Amer Potash 8c Chem Corp..* 700 66,300 22 Sale 2X Sale Amer Hard Rubber Co com.50 94,700 American Maracalbo '•«. 26 Sale 27 22,432 American Meter Co "V 27 Sale 2X 26 6% preferred 2,000 3,525 Amer Mfg Co common.. 125 2,900 4 Sale 27 4% 26 10,500 Amer Laund Macb 56,700 Amer Light 8c Trac m 12,800 IX 25% 24 X 27 X ........ 325 "im. 3 23 X 600 Amer Invest of 111 ■ Sale 2H Amer 8c Foreign Power warr.. * 6,900 Amer Fork 8c Hoe Co com 18,400 100 13,300 1,000 30 24 200 Amer Cyanamld com cl A_. 10 Common class B n v 10 287,500 1,000 "2",600 26 Mar. 30 % Feb. 7 8% June 18 6 May 26 12% Mar. 31 Amer Cities Power k Lt Cun> 775 2,100 8,000 2 58 6 25 11 12 25 19 8 7 30 1 12 30% July 29 July 3 July 25 July 25% July 2 July 12% July 31% July 111% July 5% July 28%' July 30 July 14% July Sale 8X 3X 7X Sale 16X 1 111 97% July 5 103% 15% July 28 15% 3X July 4% 6 101 Sale IX Sale 48 Sale 15 87 X July Mar. 28 f X Apr. 19 20 4 11% Mar. 29 % Mar. 15 33% Apr. 20 50% Mar. 31 44% Mar. 29 ; Sale " "l6% 9% July Jan. 5% Mar. 31 7% June 17 % Mar. 28 2% July 15 1% July 23 10 15 18X 107 Sale Sale Sale 9% X 7 9 103 14X 450 8X X July July July July July July July July July July July July July 24% 16 X 3% 34 X 8X July 25 7 87 X ; Highest Sale Prices 8% Sale i* Lowest Sale Prices v Sale 2,000 Amer Beverage Corp 700 c 55 2% Highest Sale Prices 9d Sale a c 41X 66 X 2% IX 9 15% Sale 2% 29 15X 18% 3X Sale 39 36X IX 20 Sale 63 52 Sale 19,200 Amer Box Board Co com 1 1,500 Amer Capital Corp cl A.. 10c Common class B 5,800 10c 13 preferred 2,700 • 1,500 Sale 15X X 13 X 10 600 Sale 8 77 X 105 200 o1?* Sale Sale 8X Lowest Ask * 10 6,600 50 25 25 55,550 Aluminium Ltd 2,700 0% preferred 50,700 American Airlines 900 9,700 8,300 Ask Bid 87,100 Aluminum Co common * 11,750 6% preferred ...100 3,200 Aluminum Goods Mfg * 1,410 Aluminum Industries com..* - 19,300 2,600 1 Sale Prices July 30 Bid 24 Ask Bid * 1,850 ' July 1 1938 Shares RANGE SINCE JAN. Price Jan. 3 30 * Jan. 5 Mar. 30 5 ,3 % 55% 8% 3% 1% 3 % 7% 96 July July July July July July July July % 2% 2% 4% 59 5 3% Mar. 18 Mar. 28 June Mar. June Mar. June Apr. 17 26 29 23 2 1 Jan. 12 26% Jan. 12 1 % June 30 45 June 24 11 July 19 Jan. 6 7} Jan. 3 11 Jan. 17 75 19% July 20 ,4 Feb. 4 '2% July 11 4 Jan. 6 16% Feb. 21 104% July %»Feb. 4% Jan. 4% Jan. 7% May 76% July 9 July 4% July Apr. Mar. Mar. Mar. Mar. Mar. Mar. Mar. 27 8 11 12 7 22 11% Jan. 27 Jan. 8 20 2 Associated Elec Industries— "i",66o 22,400 5,500 1,100 American deposit recta 5,200 12,800 Assoc Gas Ac Elec com Class A 153,700 .............. 26,800 12,400 2,200 1,000 $5 preferred.......... £1 1 1 ' 10% Sale X 1 IX Sale 7 Sale 9X 9X 9% 1 A Sale 1 9 Sale 7% c d d 9% c d Sale 8- Warrants %s July 2 July 1 7 July 27 July 15 1 % July 1% July 10 July *32 July 8 7 5 15 8% %s % 3% Mar. Mar. Apr. Mar. *»i Jan. % Mar. % Mar. Assoc Laundries of Amer...* V t c common * 31 22 1 30 25 24 24 1 1% Jan. 3 10 July 5 %s Jan. 5 % Jan. 17 %6 Mar. 16 Atlanta Birmingham Ac Coast :Xv-'" . 10,200 570 10,200 3,800 18,000 4,200 10 RR Co pref ...100 80 Atlanta Gas Light 6% pref 100 • 40,000 Atlantic Coast Fisheries 1,980 Atlantic Coast Line Co....50 58,800 17,820 61,700 21.500 Atlas Corp warrants.... Atlas Plywood Corp........* Austin Silver Mines.... For footnotes see page 53. 1 Automatic Products Corp..5 73 78 X 55 75 65 70 75 67 3X Sale 28 4% 4% Sale % Sale 9% 10X X Sale IX Sale 1 Sale 10% 11 X Sale IX IX 1 12% X 1% 1% 12% Sale 1% 3% July 14 22 July 15 1 July 1 9% July 5 % July 13 1 % July 27 5% 25% 1% 13% % 1 % July 25 July 21 July 19 July 27 July 1 July 7 Mar. 3 Mar. 30 2% Mar. 31 16 Mar. 30 % Mar. 21 6% Mar. 30 % Mar. 26 % Mar. 26 70 80 Mar. June 3 10 5% July 25 30 Jan. 11 1% Jan. 11 15% Jan. 12 % Jan. 2% Jan. 12 12 NEW 42 AQGBEOATE 75 50 100 1938 Par 17,500 Auto Voting Machine com.." 6,900 Avery (B F) Sons Co 5 250 6% preferred w w 25 75 6% preferred xw 25 500 Purchase warrants 32.500 1,670 140,800 8,420 12,900 40,800 3,300 30,400 9,900 15,070 RANGE SINCE JAN. Price Aviation & Transport Corp.l 8 75 7K Sale 16*4 12*4 17 1*4 4*4 9 15 2 IX Sale Highest Lowest Highest Sale Prices Sale Prices Sale Prices 9*4 654 17 20 13 18 lli Sale 27 X Sale 36 * 29 Sale Ay Sale 27*4 ...—30 14 9*4 July 29 July 25 July 11 14 July 29 1*4 July 8 254 July 21 36*4 July 29 13 26*4 July 11 2954 2 19 18*4 July 554 July 854 July 16 Sale Ax ton Fisher Tob class A—10 7*4 July 11 554 July 1 July 11 14 July 29 1*4 July 8 2 July 1 27*4 July 1 14 7X 5% 6 Lowest Ask Ask Bid Bid Sale Prices July 30 July 1 Ask Bid Babcock & Wilcox Co Sale 2854 6*4 Mar 31 7 4 28 16 15 July Mar Apr. 20 Mar. 30 154 May 26 1 *4 Mar. 26 13*4 Mar 30 June 3 Baldwin Locomotive— __ 21",625 650 ! ; , 2,000 23,800 800 """600 1,320 7,100 80 500 300 50 1,900 675 9,600 800 8,400 , 125 600 X IK 8 6X 6X 6*4 Sale 20 pref 5 6 14 24 1 Sale 8*4 1*4 2 Sale Sale 454 Sale 7*4 IX Sale 9X Sale Sale 5 4 9*4 1054 !* gg 1J4 Sale IX Sale 13 X 3X Sale 3*4 16 116j 4] 117** 6 nr& Convertible preferred * 53,200 Berkey & Gay Furn Co —1 32,200 Purchase warrants 2,600 Blckford's Inc com.......—* ..... % Sale "A Sale 11 io*| 10 350 $2.50 Conv pref....... _* 13,200 Birdsboro Steel Fdy Ac Mech * 300 Blauner's 43,900 8,500 38,800 1,875 910 ""§** Sale" Blue Ridge Corp com..... ..1 ... .._* Blumenthal (S) Ac Co com. '~6X Sale" IX IK Sale 37 36 38 Ill* $3 opt conv pref 8X 2 Bohack (H C) Co common. 1,750 Borne Scrymser Co....... -25 4,500 Bourjols Inc . VA 3X 118 3X 4X 10X 3X X X IX 3*4 July 7 July 154 July 1 7*4 July 5 6 July 31 6 July 454 July 1 12 5 11 21 \H 11" July July 12 12 1 454 Sale 1*4 July 13 July 27 3 54 July 160 July 8 2 1 Mar. 29 7 June 27 5 June 18 23 12 4*4 May 27 4 *4 July 12 51 Mar. 31 July July "27 3 21 12 May 6 July 21 154 July 14*4 July 12 "6" 12 5 5 163 9 11654 114*4 113*4 July 8*4 Sale 7*4 July 25 8*4 22 Sale 1954 July 28 22 Sale 1 *4 1 1 *4 July Sale 1 54 July *4 11 11*4 6 12*4 11 July 34 July 19 34*4 Sale "654 "3" 654 July 15 7*4 1054 July 12 1054 Sale "1054 Sale" 8 1 July 1154 19 July 11 2154 ll4 40 Sale 12 4X 1*4 Sale 40*4 41*4 1054 1054 is* it* 1054 354 13 4 July 1 July 7 July 1 July 9 15 July 5 10*4 July 5 354 July 26 1*4 36*4 8*4 2*4 1 11*4 Apr. 2*4 Mar 28 '454 Mar 28 54 June 20 5 23 5 113 Sale 20 25 19 July July July July July 9*4 654 ,9*4 454 9 2X 17 X 14 1st preferred....... 100 7% 'ex ......* common 125,450 Bliss (B W) Ac Go common...1 3,000 Bliss & Laughlln Inc com...5 n Sale July 1 1 1 igg iS* 20 8*4 975 250 200 conv 530 Bell Telep of Pa 6 *4 % pf—100 850 Benson & Hedges com ...» 100 45,300 $1.50 11,000 Beech Aircraft Corp com 1 37,500 Bell Aircraft Corp common..1 27,300 Bellanca Aircraft common..1 1,350 Bell Telep Co of Canada..100 110 7,500 3,200 3*4 7 800 Baumann (L) & Co com....* 200 7% 1st preferred..... 100 2,000 Beaunlt Mills Inc common.10 V;::. v300 25 preferred 131,000 Purch warr for com 41,800 Baldwin Rubber Co com 1 9,500 Bardstown Distillery Inc.—1 186,025 Barium Stainless Steel.....1 2,600 Barlow & Seelig Mfg class A.5 2,200 Basic Dolomite Inc common. 1 98,800 Bath Iron Works Corp 1 500 8,800 7% 12 July 28 July 20 July 20 July 30 July 30 July 11 July 23 July 6 July 29 July 2 July 12 July 19 July 26 1*4 July 800 1,800 4,900 9,700 28,700 6,100 Common 3,400 7% 1st pref............ 100 2d preferred........... .100 6,800 '* 26,400 Brazilian Tr Lt Ac Pr ord. 23,900 Breeze Corp III 140,900 Brewster Aeronautical... —1 .......... 75 Bridgeport Gas Light Co 24", 600 20 • M 4,400 1,000 2,100 300 60,800 Bridgeport Machine * * com 740 Preferred. i— ..100 1,200 Bright Star Elec class B * 15,400 Brill Corp class A —.....* Class B • 7,700 . 6.250 preferred..........100 7% 2,800 Brillo Mfg Co common.. * Class A 150 ....* 20 Sale 13 § 23. 33 3X IX 22 7X Sale 28X 29** 6X Sale 9X Sale 85 Sale 6 Sale Sale 5 a 4 Sale 12 Sale 1*4 Sale 3 12 X 1 Sale* 2 25 8X X Sale 4 154 Sale 21*4 27 754 854 July July July 13 "3 354 1254 1354 5*4 Sale Sale 6 30*4 3154 754 Sale Sale X 1 54 3*4 1*4 54 Sale 1*4 24 27 8*4 854 3 12 July 4*4 July 554 July 28 1 1 1 14 7 1*4 July 17 July 4*4 July 14 July 5*4 July 7 July 200 3,300 8,300 100 400 2,300 2,650 3,200 500 k •( • ^ ^ m m 9,400 10 _ 7,500 2,100 500 3,900 1,750 12,400 500 4,900 * Registered............. British Amer Tobacco, Ltd— Amor dep rets ord b®ar_ £1 Amer dep rets ord reg British Celanese Ltd— £1 Am dep rets ord reg 2,400 10s 13,950 tBrown Co 6% pref. ..100 17,000 Brown Fence Ac Wire com 1 Class A preferred.........* 3,000 1,900 1; Coupon stock (bearer)....* 43,400 3,500 3,650 19,300 6,800 69,300 2,600 20.100 600 Brown Forman Distillery $6 preferred 1 .........5 Buckeye Pipe Line...... Buff Niag Ac East Pow $5 20 * 20 20*4 20*4 26 J 26 J 27 H 27 X 25*4 Sale 2554 26 IX 22 5 2** IX 25 Sale % 2654 6*4 2154 2154 1 29 21*4 21*4 22 22 25*4 25*4 26*4 < 7 50 pref.25 3 654 July 1 78*4 July 29 6X 39 21X 9 Sale .. "l4~" Sale" Burma Corp. Amer dep rets.. 2K Burry Biscuit Corp..—12Xc 2 854 July July 7 1 6 7 19 4 1 7 29 28 19 July 2 July 26*4 July 854 Juiy 2854 July 3 Sale 54 2954 754 *4 Mar 23 Apr. 7 654 Mar. 31 28*4 Mar. 16 1*4 July 42 """266 26 25 8 12 July 19 4*4 Jan. 13 125 154 Feb. 25 17 July July 13 11 2*4 July 1 17X 2Vs 3% X A July 21X X 3,100 500 23,400 250 I 10,000 * 6,900 Can Indus Alcohol cl A B non-voting 1,600 ..* 1 76,100 Canadian Marconi Co 1,900 Capital City Products...—.* 81,800 Carib Syndicate com 25c 200 Carman Ac Co "'600 500 4,100 260 63,000 700 4,000 , A stk—* ... 249,300 » Carrier Corp common.... III 10,100 Carter (J W) Co common.. 13,400 Casco Products.......... * lio 750 Castle (A M) Ac Co 50 13,500 conv Class B 1,100 ...* 3,300 Carnation Co common.....* 38,300 Carnegie Metals Co com—1 1,230 Carolina P Ac L $7 pref......* 250 $6 preferred —.....* 69,300 Catalln Corp of Amer..... —l 29 3*4 3*4 3 opa t 1*1 Sale 10*4 Sale 1*4 Sale 14*4 3X 21 3*4 20*4 1*4 Sale 19 3X 54 July 22 July 13 754 July 19 20 July 19 31 3 July 7 454 July 1 15 July 25 35 July 6 22*4 July 2 101*4 July 15 18*4 July 20 3*4 July 7 354 July 19 2 54 July 19X 29 X 3X 3X Sale Sale IX 8X Sale 8 1*4 Sale IX Sale 30 14 254 3*4 Sale 21 9 17 X 3 25 1954 July 23 27 July ~ 3 July 3 July 1*4 July 8 July 1*4 July 1954 July 28*4 July 3*4 July 3 July 1*4 July 9*4 July 1*4 July 23 19 26 7 5 19 5 30 23 *4 Sale 75 4 X 2 12 June 9 7 27*4 May 24 10*4 Jan. 10 Mar 19 154 July 4*4 Jan. 8 11 88 2 Jan. 13 27 8 Jan. 10 25 30 May 31 2754 5*4 12*4 % Sale Sale Feb. 2254 Mar. 29 % June 24 Jan. 10 5 Jan. 3 8 14 Apr. 18 22 10 Mar Jan. 14 8 3*4 Jan. 1*4 May May 2*4 Apr. 6 May 31 July 1854 Apr. 88 Apr. 13 May 2 454 June 27 15 July 25 39 Jan. 3 2254 Mar. 5 101*4 July 15 18*4 July 20 3*4 Jan. 15 354 July 19 40 Mar. 2*4 Apr. 154 Mar. A Jan. 31 4 *4 Apr. 18 Apr. 8 1 Mar. 18 19 2*4 Mar. 18 Mar. 17 2 % Mar. 29 7 Apr. 9 *4 Jan. 27 Feb. 11 15 3 July 12 July 1 54 July 25 75 July * 1 21 3 July 24*4 July 1 July 79*4 July 12 19 2*4 Apr. 11 17 Apr. 5 4 2554 Sale 6*4 6*4 14*4 14*4 20 23*4 354 354 20 May 23 65 Mar. 31 60 28*4 Sale 6*4 Sale 54 July Mar. 29 5 22 22 Jan. Jan. 12 25 2854 July 19 4*4 Jan. 8 3*4 Jan. 26 154 July 5 10*4 Jan. 3 1*4 July 5 16 Apr. 14 3*4 Jan. 4 24*4 July 19 154 Jan. 10 85 Jan. 18 80 Jan. 4 Sale 17 23 2*4 20 2*4 3*4 4*4 3*4 o6*4 Sale 25 Sale 29*4 July 2 6*4 July 26 15 July 25 23 July 21 354 July 25 1754 Apr. 1 4 54 May 4 654 Mar. 29 17 Apr. 29 1 *4 Apr. 1 66 11 2454 July 26 554 July 20 11*4 July 13 23 July 21 3*4 July 1 75 50 June 27 3 Mar. 22 59 50 June 23 69 14 Mar. 26 1054 68*4 7554 4*4 Mar. 31 May 3 Apr. 6 June 7 Mar. 31 2354 Feb. 26 14 May 26 32 Jan. 6*4 Jan. 15*4 Jan. 900 2,235 7% 1st partlc pref...... lto 7,000 Celluloid Corp com...... .15 240 200 2,300 10 1,180 3,600 200 - 860 1st preferred $7 div preferred 1,300 18,400 Cent Hudson G Ac E -I* ' » com.. Cent Ohio Steel Prod.... —1 Cent Pow Ac Lt 7% pref... 100 Cent Ac Southwest Utii— 16,300 11,200 4,250 4,950 Common 55,500 50c 116,000 Centra! States Elec com. 1 8,945 .100 7% preferred 14,850 6% pref without warr.. 100 1,475 4,500 Conv pref opt ser 1929.. 100 3,825 * 20,700 Centrifugal Pipe Corp.... 800 4,500 Strip Co 5 2,600 Charts Corp com,... 10 1,525 Cherry-Burrell Corp com...5 ... 400 Conv preferred 3*4 454 July 6 354 July 6 July 19 21 July 22 12*4 July 27 7654 July 22 85 July 12 7 July 2 78 July 19 55 310 Cent Maine Pow 7% pref.. 100 4,600 Cent N Y Pow 5% pref.... 100 15,500 1,635 354 ....... .100 10*4 13 89" "§954 6*4 Sale 78 80 154 2*4 *4 Sale 13 Sale 5*4 Sale 654 12*4 454 8*4 354 Sale 2154 1354 Sale" Sale 12 1254 "90~" Sale" "88" "89*4 7*4 81*4 2 7*4 8354 Sale Sale Sale Sale 7 1054 6*4 Sale 354 4 *4 14*4 6*4 7*4 79 8 81 154 2 %, Sale 1454 554 6*4 6*4 10 5*4 Sale 4*4 454 13 1*4 July *4 July 18 1 July 19 4*4 July 13 July 6 2154 July 1 1354 July 8 7654 July 22 91 July 1 8*4 July 7 82 July 25 64 1 Mar. 26 5*4 July July 30 6 6 7 11 4 2*4 July 25 % July 6 July 7 7 July 1 6 3 Mar. 31 Mar. 26 8 12*4 July 16 5*4 July 27 "7" "July "7 3 Mar. 9 Mar 29 17 454 July 54 Apr. 1 27 3*4 Mar 26 7*4 July 30 6*4 July 26 July 5 12*4 June 16 10 3 21 Jan. 8 354 July 25 25 Celanese Corp of Amer— 1,700 2 754 Jan. 21*4 June 24 21 July 8 22 5 254 1*4 3 19 July 31 July 15 July 28 16 X 2X 28*4 July 4*4 July 14 *4 July 15 15*4 Mar. 18 54 26*4 654 18*4 33 26*4 18 27*4 Apr. 13 26*4 Jan. 28 31X 21X 20 6 July 1254 July 254 Jan. 17*4 July 2554 May 10 33 22*4 Sale Sale 2*4 Sale 18 12 5 5 15 4X 18X 3 3 19 8 13 54 Feb. July Sale 5*4 Am Mar. 26*4 July 26*4 July 354 July 9 July 31 July 21 July 9954 July 15*4 July 254 July 2*4 July 2*4 Sale 7A 12 6 29 Cables Ac Wireless— 800 12 Jan. 21 4 3X 8 1 5 2*4 32*4 2154 10054 15*4 2*4 2*4 Jan. 7 Sale 454 t c__. Apr. 5 5*4 May 25 76 May 4 *4 June 10 2 Apr. 1 15 28 25*4 July 2654 July Sale * v 254 Mar 30 20 13 80 12 3 July 20*4 July 2*4 dep rets pref sh. £1 1,600 Calamba Sugar Estate Co_20 1,800 Canadian Car Ac Fdy oref—25 2,600 Cable Elec Prod 29 40 1st preferred— Bunker Hill Ac Sullivan..2.50 Jan 7 1 *4 Jan 7 754 Mar 30 -7 Mar Jan. Apr. 12 19*4 Apr. 29 9 Sale 22 1 8 *4 Mar 23 ■ 3*4 July 154 July 22*4 July 8 July 2854 July 4*4 2K 23 254 Apr. 4 18 18 26*4 9A 26*4 7 25 Mar 25 * 1 Brown Rubber Co. com.....* Bruce (E L) Co 20 20 Mar 10*4 Mar 19 2 2 25 15 British-American Oil Co.— 1,400 1,000 Mar 1 Jan. 654 July 5 July 23 July 12 Mar. 5 Jan. 29 12 July 21 9*4 454 63*4 6*4 1154 July 2154 Jan. 54 June 9 34 Apr. 1 4*4 Mar 26 1 10 9 11 Mar 10 July 20 July 25 Jan. 15 Jan. 8 2*4 Jan. 8 18*4 554 954 154 Jan. 6*4 June July 26 1254 July 25 2*4 July 5 17*4 July 18 12 July 19 4*4 July 5 30*4 June 30 July 34*4 July Mar. 11 29 13 21 29 11** 4*4 Mar 6 July 254 Jan. 254 July 36*4 July 11954 Feb. 10 8*4 July 30 22 July 30 9*4 Mar. 43 20 14 5 165 May 10 29 12 Jan. 2*4 Jan. 113*4 July 5*4 Mar 14*4 Mar *4 May 30 9*4 July 8*4 Jan. 21 16 1*4 Mar 8*4 Mar 2*4 Mar 147 Apr. Bowman BUtmore Hotels- 900 1 11 Jan. 3 STOCKS (Continued) Shares 2,700 1.700 , YOB CUBB EXCHANGE Jan. 1 Shares EXCHANGE PRICES IN JULY NEW \ July CURB SALES Since In YORK Jan. 14 4*4 Feb. 26 Jan. 12 82 3 84 Feb. 92 June 28 8*4 Jan. 83 12 June 30 2*4 Jan. 54 Jan. 8 12 July 7 7*4 May 11 10 Apr. 9 7*4 Feb. 21 454 July 27 17 Chamberltn Metal Weather 600 350 For footnotes see page 53. 5*4 654 754 Sale 654 6 7*4 7*4 Sale 7 July 554 July 14*4 July 25 16 1 5 June 5 Mar. 31 8*4 Jan. 7*4 Jan. 21 Jan. 18 3 13 ' AUG., 1938] AGGREGATE NEW RALES PRICES IN JULY NEW YORE CURB EXCHANGE In Since July Shares 400 9,200 1,500 1,200 2,200 24,850 9,400 11,000 15,520 3,095 22,100 12,500 Par Chesebrough Mfg Bid ir 40 9 Chief Conaol Mining Co 1 Child# Co preferred ...IN 102 Sale Sale At 31 28 10 Sale * 37 * 3 4 Preferred BB-....... * 4,025 Cities Serv Pr & Lt $6 prsf—* 30 38 33 Sale 32 7,000 5,275 t7 preferred ..* 45,000 City Auto Stamping Co * 2,100 City & Suburban Homes 10 3,350 Clark Controller Co ....1 89,500 Claude Neon Lights com __1 200 800 Clayton & Lambert Mfg Co. * 650 4,300 5,650 Cleveland Elec Ilium com...* 22,400 Cleveland Tractor com ..* 2,300 CUnchfleld Coal com 100 20,500 Club Aluminum Utensil com * 60 830 475 125 12,600 - 500 250 500 3,400 i 34,600 2,400 12,400 800 525 49,100 25 17,400 750 Cockshutt Plow Co Ltd....* i 39 4X Sale 'W "26" 107 68 8 Sale 8X X Sale 114 nAt 52 X 9 9X Sale 44 Sale 3X Sale 37 ; 44 45 t 50 46 55 5X Sale X Sale Sale 40. 3X _ Sale 35 40 50 52 52 X 55 7X 7H "l6X Sale" IX IX Sale 38 5X 2X 35X Sale 5X Sale 2 m Lowest Ask "Tx Sale 41 Sale 30X 36X 4X Sale Ask Bid 112 110 Bid r IX IX IX "IX Lowest 92,200 Colon Development Co Ltd.. 19,100 6% convertible preferred£l 50,600 Colorado Fuel & Iron warr... 10,600 Colt's Patent Fire Arms Mfg25 2 X Sale Sale Mar. 30 112 July Jan. 3 79 X July 22 9X July 22 9X July 22 X July 1 53 July 30 40 5X X 20X 9X July 40 July 3X July 37 X July 48 July 52 X July 5X July 3X July 16X July IX July 3 X July 11 10X July 46 July 7X May 2 21X Mar. 30 27 1 4 18 40 19 27 2 27 1 28 16 51 July 2X IX 53 X 8X 4X 18 IX 4 IX July 5 1 July 2 July 5 July 27 July 20 July 19 July 8 July 13 July 1 July 25 37 X July 6X July 2X July 0x8 July 2X July X Sale X X 19 4X 6X 56 X Sale Sale Sale Sale Sale 3X X At % 1 25X Sale 22X X 11 19 9 IX July 27 X 2X July 4 July 6X July 56 July 2 7 11 8 52 3X Sale 1 ; « £ 23 X 25 X Sale 23X X 13 X 5X 5X 70X Sale X 3 Sale 4X 4X 6X Sale 58X 61 2X Sale Sale ....... ..... Sale Sale 52 3X 5 56 Commonwealth 9c Sou Corp— Warrants.. 4,750 Community P & L 1st pref..* Community Public Service7,850 Common.. ....25 8,700 Community Water Serv .....1 97 5 13 1 Mar. 30 June 1 Mar. 31 Mar. 28 Mar. 30 2 20 26 Feb. 29 Feb. 8 Mar. 24 14 3 11 May 10 47 X May 5 May 10 May 4 Feb. 23 Feb. 23 5 46 67 72 8X July 19 4X June 28 2X Mar. 18 13 X June 22 1 Jan. 3 20 2X Mar. 26 4 30 X Feb. 8 3 X Mar. 29 IX June 15 1 Mar. 30 Mar. 18 19 % Jan. 10 53 July 30 Jan. 18 2X Jan. 24 Mar. 11 37 X July 11 6X Feb. 23 3X Jan. 10 IX June 24 Jan. 10 8 5X May 13 2,400 Commonwealths Dlatrlbut..l 550 Sale Prices 7 Columbia Gas 9c Elec Corp— 3,050 5% Conv preferred.....100 183,570 Columbia OH & Gas com 1 25 Columbia Pictures Corp * 209,190 Highest Sale Prices 8X July At July 41 July 39X Sale Highest Sale Prices Sale Prices 109 July 11 112 July 22 67 July 9 79X July 19 1,000 Cohn & Rosenberger com..* '400 1,200 3,900 July 30 July 1 Ask 100 Chicago Flexible Shaft Co. .5 Chicago Rivet & Machine...4 57,000 Cities Service common 87,100 Preferred 6,500 Preferred B 800 RANGE SINCE JAN, 1 Jan. 3 1938 STOCKS (Continued) •* Price Jan. 1 Shares ■ CURB EXCHANGE YORK 14X Sale Sale Sale July 3X July 8 13 X July 12 X July X July July 28 22 23 X July At July 15 18 3 X July 25 July 21 7X July 5 60 X July 25 4X 54 X July 4X July 1 At July July 25 1X June 3 3X Mar. 28 3X Mar. 26 3X Jan. 10 4X July 21 7 X Juue 30 61 Feb. 23 45 Mar. 30 47 X June 20 2X Mar. 30 13 X July 12 13 X July 26 X July 6X Jan. 29 5 19 2 Jan. 4X Jan. 60 13 X July 4 7 12 3 1 X Jan. July 13 1 Mar. 29 28 Jan. 18 X Jan. X Feb. 16 19 July 6 July 23 1 18X Mar. 30 X Apr. 9 25 X May 10 1 Jan. 14 July July July July July July July 11 15 Compo Shoe Machlnerv— 800 4,700 82,800 4,100 110 1,800 2,300 4,400 7,900 18,800 356,200 21,200 1,220 17,000 11,700 410 10,300 56,500 1,800 1,600 25,700 8,600 """200 12X 13 X 3 X Sale 4X Sale Con Gas E L & P Bait com..* 64 5% preferred A.........100 Consol Gas UtU com........1 Consol Mln 9c Smelt Ltd....5 15,100 Cons Retail Stores Inc 80 2,100 10,900 425 600 V t c ext to 1946........... Consolidated Biscuit Co 1 Consol Copper Mines.. 0 2,900 1,100 4,300 34,200 1,800 11,300 3,700 19,100 200 ....... 900 600 8,900 1,700 Cooper Bessemer Corp 59 57 1 & Varnish Co—.* $4 preferred 72 Sale 14 X July 15 6X S&M 59 X 3 54 Sale 4X IX IX IX 5X Sale 77 80 Sale IX „ At Continental OH of Mex!co._l Cont Roll 9c Steel Fdy com..* 500 ^Continental Secur common* 1,400 Cook Paint W 6X "i" 7""X ""A Sale" 8% preferred ........100 Consol Royalty OH 10 Consol Steel Corp common..* Cont'l GOt E7% pr pref... 100 110 7,800 com. 68 14 8 9 10 rlx 75 At X a 5 Sale 9X 9X "~9X "iix :'9X "iix com.. * 06 Conv pref A.. 95,900 Cosden Petroleum com.—1 ... *5% preferred............50 900 8X 8X Sale 5X Sale 9X 31,400 7,900 17,500 2,600 169,200 43,600 64,300 3,000 Cramp (Win) 8c Sons Ship & Engine Bldg Corp......100 Creole Petroleum com ......5 Crocker Wheeler Elec Mfg..* 19 22 22 3 2X Sale 60 70 IX 11 58 2 13X 24 "fx 28 3 Sale 60 65 IX IX Sale 9 Sale 33,000 389 2,700 200 Crown Drug Preferred . common. 30 3X 70 IX 8X 850 1,100 20 2,600 50 1,000 100 900 Cuneo Press com 400 6H% preferred 100 250 Curtis Mfg Co (Mo)........ ......... : 525 IX Sale 200 X X. 3X 3X 3X Sale 9X 11 IX IX Sale IX ""3X "~4X 26 X 32 3X 30 5 3X 30 35 Sale 36X 700 w w 7 9 7 16 6 Sale 9X 8X Sale 12k 8h 11 Sale 11 10 X Sale 20 19 Sale 13 21 7 ""3X A* 30 o 6 W 9X 12X 13X 23, 7X Sale 2X Sale '"2X ""2X 7 Detroit Mich Stove Co.. 1 Detroit Paper Products.....! Detroit Steel Products.....* Diamond Shoe Corp com....* Corp.....5 11 18 7 25 5 July 20 July 29 IX July 6 5X July 17 76 July 11 X July 13 10X July 25 80 10 " July if 8 July 13 July 7 5X July 1 23 July 5 3 July 1 65 July 8 IX July 28 8X July 5 9X July 20X July 8 July 28 X July 3X July 65 July IX July 10 July 7X July 21X 6X X 3X 3X 10 July July IX July July At July 12 July 3 X July 30 July 2 6 5 6 5 9 9 8X July 10 July 9X July 19 July 5X July 30 July 2X July 42 X July 30 3 43 10 30 26 26 27 8 25 27 Mar. 29 May 20 June 14 Mar. 29 May 3 2 3 3X 27X 10 15 Sale 3X 3X 28X 9X 2X 3X 3 3X 27 X 3J 24 X 25X 24 24 X 3 3X 11 15X 4 IX Jan. 7 5X July 17 80 Jan. 20 X Jan. 8 10X July 25 Feb. 4 2 10X June 29 54X Mar. 14 9X Jan. 20X July 8 July 28 X 17 13 7 July 29 7 11 4X June 13 13 2X Jan. 13 X Jan. 10 10 7X July 12 Jan. 12 IX 27 X 8X At Feb. Jan. Jan. July 14 12 11 29 1 19 14 4 13 X May 18 17X Mar. 31 3X Mar. 28 At Mar. 31 3 Jan. 6 3X Mar. 18 8X Mar. 30 Mar. 14 July 29 9 July July 26 9 July July 20 1 July June IX Jan. May Jan. 6X June At Jan. X Jan. 31 13 1 29 25 24 X July 13 3X July 20 11 July 12 16 X July 25 22 X Mar. 23 2X 9X 9x 67 Mar. Mar. Mar. Jan. 64 X July 47 Mar. 31 22 7 58 27 2X July 7 10 July 7 14X July 1 21 28 40 24 X July 23 26 Jan. 3X Jan. Mar. 14 19 5X June 17 10X Mar. 25 1X Mar. 29 1 May 27 1 May 28 Feb. 17 9X July 6 July 21 2X July 19 15 3X Jan. 11 3 X July 14 Mar. 30 11 3 May 13 23 July 26 18 8 30 16 Mar. 29 3 9X July 29 13 X Mar. 3 13 X July 26 22 X July 9 7X Jan. 17 2 Mar. 25 37 X June 10 25 12 15 Mar. 17 Feb. 8 10 21 25 Feb. 106 2X 3X 3X 30 14 X 3X 6 5 Jan. 15 5 Jan. 12 11X July 22 IX July 13 18 X July 28 5X July 29 35 July 25 25 102 5X Mar. 10 May 5X Apr. 17 Apr. 3X Mar. 72 18 X Jan. 7 Jan. 2X Mar. 15 9X July July July July July July July July July 20 5 81X Jan. Jan. 9X July 15 July 21 IX July 13 2X July 3 July 25 X July 12 X July 3 July 15 26 3X July X June July July July 25 19 4X Mar. 28 IX July 18 X July 28 5X July 29 35 July 25 9X 11X 13 X 22 X 6X 2X Mar. July IX June 2 X Mar. 67X Apr. At May 4X May 3X Mar. 6X Mar. 51 Apr. 70 4X 18X IX 53 X IX July 15 Feb. 6k July 19 6k July 25 74 55 Mar. 31 July 23 113X Apr. 22 116^ June 23 lk May 10 At Apr. 2 48 X Apr. 1 64k Jan. 15 3 3X Mar. 30 14 July 23 7X Juiy 25 At July 29 4X July 22 4 July 1 11X July 22 July July July July Mar. 30 3X Jan. 60 9X 13X 9X 13 X IX Sale 2X Sale 3 2X 24 X 26X 12 X 20 Detroit Gray Iron Fdry com 1 Distilled Liquors July 23 At Sale 34.cum preferred........ 6% preferred 10 14 4,200 Detroit Gasket 9c Mfg Co...1 475 700 24 7X X Sale 4X 5X 3X 4 10X 11 7 Sale 50c 16,100 Darby Petrol Corp 5 3,800 ilavenoort Hosiery..... • 19,700 Dayton Rubber Mfg........* Class A 35 2,050 6,400 Dejays Stores Inc common..1 70 Dennlson Mfg 7% pref....100 30,200 Derby OH 9c Ref com.......* 2,300 47.900 7,000 10,200 20,500 1,375 7,425 19,500 1,300 2,200 2,800 25c 23 X Sale Sale .........25 . 12.899 Crystal Oil Ref Corp com...* 1,339 0% preferred............10 5,300 Cuban Tobacco com v t c— 218,100 Cusi Mexicans Mining 3,600 1,300 4,900 22 7 c Sale 12.300 Crown Cent Petrol (Md) 5 5,500 Crown Cork Internat cl A..* 4,700 ; ooH 23 X Croft (The) Brewing Co....l Crowley Mllner 9c Co com...* 1,300 1,700 525 8 July July 19 July 2 July 12 July 27 July 5 July 1 18 Ctourtaulds Ltd—.........ii Am dep rets for ord stk req 100 IX 4X 70 X X 7X July 13 6X Sale "4X Sale 13 prior preferred........* Copper Range Co • Copperweld Steel com.....10 Ciorroon 8c Reynolds.... ...1 11,100 8,899 3 70 29 19 25 * 100 200 18 15 1 6X 1 6X 8 74 113X July 25 115 % July 29 % 58 X July 15 62 5X July 5 July 68 X July Jan. Jan. 9 Distillers Co Ltd— Am dep rets ord reg._...£l 4,300 14,800 Dlvco-Twln Truck Co com—1 1 1,500 Do beekm un Co common 11,100 Dominion Steel 5c Coal B..25 "'"370 26 X 1,310 Draper Corp..............-* 2,400 600 3 10 15 12 Sale 10X 15X 14 X Sale 60 Sale 17 July 103 July IX July ""ix "lX Sale Sale 58 X 61X 57X July 1 1 July IX 2X 5 5 5X Sale July 7X 6X July 8 7X 20 Dominion Textile Co com...* 1,900 20 3,100 250 1,300 9,600 2,100 43,800 6,100 2,850 850 200 5,900 Driver Harris Co common.. 10 170 7% preferred 100 Dublller Cond Corp com.._l 3,850 Ouke Power Co..........100 1,600 Durham Hosiery cl B com...* 25,200 Duro-Test Corp common.. 14,000 Duval Texas Sulphur.......* 17,800 159,700 Eagle Plcher Lead Co.....10 25,900 Eastern Gas & Fuel/Assoc..* 6% preferred..........100 14,850 4X% prior preferred... 100 5,350 Eastern Malleable Iron Co.25 1,400 For footnotes see poge 53. 14 18 "Ix "ix 64 Sale X IX 6X Sale 7X Sale 8X Sale 2X Sale 27 49 Sale 50X "l x 61 X 5X 6X 24 , 10 X Sale 2X Sale 19 Sale 40 45 10 X 20 X 18X Sale 11X 2X 18 43 X lix 2X Sale 44X 14 July 1 9 23 18 104 IX 7 21 61 3 19 5X 18 13 8X 10X July 1 2X July 14 18 July 1 41X July 6 10 July 20 July July July July July July July 12 X July 3 July 25 11X 25 103 1 5 54 1 3 20 26 3j 6 25 7 25 7 21 July 6 20 July 48 X July 12 9 7 24 X 30 17 30 13 14 67 18 Jan. 24 16X July 25 Jan. 64 X July 23 June 27 110 2 Mar. 26 Mar. 29 65 Jan. 27 3 Mar. 30 6X Mar. 28 May Feb. 28 3X Jan. 6 Mar. 29 1X June 9 11 June 18 33 X June 20 6X Apr. 21 9 July 25 Mar. 4 Feb. 28 Jan. 3 July 20 Jan. 9x Feb. 13 14 7 1 X Jan. 12 3X Jan. 11 31 Jan. 52 May 13 July 6 12 13 44 NEW YORK aoorboatb PRICES IN JULY In July Shares 300 3,300 2,400 302,700 12,500 6,200 7,000 6,700 1,650 5,300 7,000 225 STOCKS (Continued) Eastern States Corp com $7 preferred series A $6 preferred series B Par * 300 750 100 200 2,700 25,500 17,400 100 19,500 4,400 46,800 23,300 3,700 5,000 v 8,900 800 1,000 1,200 Sale 33* 3% A Option Electric 50 4 Falrchlld Aviation 300 360 23,900 475 1,900 5,200 1 1 com Falstaff Brewing 1 Fanny Farmer Candy com..l Fansteel Metallurgical Corp* . 5,600 45,270 Ford Motor of Canada cl A._* Class B • 51 Sale IK 3 K 3K 43* 4K Sale Sale Sale "4K "~5K 23* 743* 23* 80 11 113* IK 11 123* IK 49 10 16 IK 27 30 32 28 28 IK IK 35 36 38 M; 363* 37 13* 543* 513* 533* 51 523* 503* 52 493* 50 Sale 16" "103* % Sale 9% Sale K Sale 113* Sale 203* 233* 9 23 10 Sale Amer dep rcts.-Ord reg fil of France Am dep rets 2,000 Fo* (Peter) Brewing Co 5 6,700 Franklin Rayon Corp com._l 1,100 1,800 5,800 5,950 5,800 600 900 100 Froedtert Grain & Malting Common Conv pref IK 6 3* 20 5 4 K Sale 83* 9 183^8 19 5 5K 6K 7 2^ 7 21 50 $3 5?* 7K 5 Sale 83* 193* 63* 73* 83* 20 7 8 5K 183* 203* 13 14 Sale 54 203* 22K 13 K 14% Vvs Sale ,55 6 60 55 213* 17 K Sale 15 K 15 K Sale OK 36" Sale 5K 2 6K 33* ........15 1 1414 83* Sale 5*j Sale 56 73* Sale 453* 18% ~473* '473* "483* 19 Sale 16 Sale ""300 A* Sale 93* Sale 1,500 3,400 1,300 18,200 12,000 68,400 American dep receipts £1 Gen Flreprooflng com.....* Gen Investment Co com 1 .._.* 18 K 11K 3* 48 19 K Sale Sate 65 ~~3~, 166 conv 193* 193* 193* 21 preferred * 43* Sale 13* 23* 93* 10 43* 5 73* 8 16 163* 10 12 12 15 6% preferred A ......100 700 Gen Water Gas & Elec com. 1 $3 preferred * 700 4,575 Georgia Power $6 pref.. . 150 82 Preferred 470 500 Gilchrist Co 25",666 77,000 170 16",500 Glen Alden Coal Co * 450 2,300 800 4,400 131,400 i; 3,400 61,000 2,675 13,080 9,950 24,900 23,100 600 41,000 V V t c tGrand National Films Inc.l com.. 10 Gt Atl Ac Pac Tea 1st pref.100 common stock * Great Northern Paper Co. .23 Greenfield Tap Ac Die com. 1,800 8,400 27,800 Common 25c 4 200 39,900 142 900 30 110 """200 300 380 3,900 200 25 2,600 500 1,400 1,700 1,400 9,500 850 21,200 1,000 250 2,200 1,300 200 2,900 5,400 12,800 Hall (C M) Lamp Co 2,900 Haloid Co 5 250 Hartford Electric Light 25 18,800 Hartford Rayon com v t c..l 6,500 HartmanTobaccocom.no par 11,400 Harvard Brewing Co ....1 6,100 Hat Corp of Am cl B com 1 13,900 Haxeltlne Corp 35,600 Hearn Dept Stores common.5 2,400 6% preferred 50 94,400 Hecla Mining Co 25c 3,050 Helena Rubensteinlnc.. * 850 Class A * 500 Heller (W E) & Co common..2 1,000 7% cum pref w w 25 8,500 Hewitt Rubber Corp com...5 3,725 Heyden Chemical Co 10 950 Hires (Chas E) Co class A...* 8,300 Hoe (R) & Co class A 10 57,900 Holllnger Consol G M......5 For footnotes see page 53. July 26 13 103 613 Jan. 13 July July July 43* July 20 21 21 7 2 Mar. 30 Mar. 29 Mar. 31 Mar. 29 Apr. 4 Apr. 21 May 9 Mar. 30 Jan. 26 163* June 14 313* Jan. 10 28 Jan. 27 7 Kt July 1 32 Jan. 28 28 Jan. Feb. 63* Mar. 31 3* Mar. 31 7 May 20 22 July 2 13 % Mar. 7 July July July July July 53* July 9 July 193* July 63* July 73* July 21 2 25 29 6 7 Mar. 30 8 3K 83* 183* 53* 26 27 28 173* May 12 19 July 27 133* July 6 3* July 18 55 July 28 63* July 9 60 July 5 45 July 5 183* July 1 19 July 1 43* July 1 223* July 14 July 3* July 60 July 73* July 64 July 49 July 203* July 20 July 20 15 2 1 19 13 11 20 7 2 Mar. 26 63* Mar. 28 163* Mar. 31 Mar. 30 4 43* Mar. 30 55 43* July 35 Jan. Jan. 6 13 Jan. 24 Jan. Feb. 25 10 Jan. 11 15 8 3*9 July 133* Jan. 13 10 5 K July 10 Apr. 203* Jan. 63* July 83* Jan. 21 28 26 29 8 Jan. Jan. 13 31 31 32 Jan. 23 Jan. 1 1 7 8 33* 13* 73* 25* May 31 July 19 153* July 29 11 July 28 15 July 8 63* 143* 53* 63* Mar. 30 Jan. 3 Mar. 30 Mar. 7 18 73* July 153* July 83* July 14 July 7 13 19 Mar. 28 Mar. 8 113* 11 12 103* July 103* July 12 Mar. 18 Jan. 25 Apr. 2 8 7 12 Jan. 13 73* Mar. 31 Apr. 2 13* Mar. 28 183* 13 19 Sale 3*. 183* 123* 193* 45 48 Sale 2 July 183* July 28 123* July 8 3* July 9 Sale Sale »«i 13* 123* 40 K 45 42 45 8 5 29 7 35 28 75 60 53* Sate 43 K 7% 5K 28 K 15 5 76 753* 8 33 Sale 43* 6 53* Sale 43* 8 63* 73* 32 34 53* 63* 63* Sale 123* July 403* July Sate 9K K 5 119 K 120 46 Sate 30% 5K 323* 6 2% 3K ..... 10 Jan. 12 60K Jan. 73* July 64 July 49 July 203* July 20 June 53* 23* 103* 53* 1% 1 1 4K 14% 6 28 83 33 63 63 6% 33 K 56 Sate 13* 1% 4% 15 3* 7 34 Sate 6 183* Sale 3* 73* 8 43* Sale 33* 233* 23* July 193* July 18 193* 18 Sale 83* % Sale 83* 43* Sale 1213* 1213* 122 63 503* Sale 65 30 28 53* Sale 283* 7 Sale Sale 13* 13* Sale 3* 3*6 23* 83* Jan. 163* Jan. 17 Jan. 15 July 18 8 213* May 10 July 14 25 5% 8 6 7K 5 "8 3* ~1YK 123* 13* Sale % 13* 43* A% 163*' Sale 53* Sale 133* 43* July % July 9 July 103* July 1213* July 65 July 30 July 73* July 14 25 25 25 11 21 5 25 Feb. 8 16 Apr. 1 133* Mar. J* Mat. 53* Mar. 3 3* Mar. 1173* Apr. 253* Apr. 43* Mar. 80J*. 91 July"25 33 Mar. 31 91 July 1 81 7 July 30 Jan. 5 Feb. 17 June 10 23* 103* 33* 113* 60 67 13* Sale 3* 1 1 13* 43* 43* 173* 18 7 73* "93* ""93* 5 8 33* 7Kr 8 5 72 7 July 30 23* July 1 103* July 1 July 19 IK July 1 3* July 8 1 July 27 4 July 6 16 July 13 53* July 1 25 July 1 83* July 1 33* July 16 7 July 11 64 33* July 113* July July 2 July 3* July 13* July 43* July 173* July .73* July 30 July 103* July 33* July 73* July 64 8 8 8 463* 90 Sale 5 1K Mar. 28 9 50 73* Sale 463* 93* 143* 10 11 353* 363* 35 51 50 55 50 10 10 113 Sale 15 Sale Sale 7% July July July 93* July 143* July 11 1 18 1 % 3* 23* 133* 43* 20 63* 23* 53* 53* 8 June 23 28 5 6 7 16 27 173* Feb. 23 95 June 5 3*6 Jan. 17 23* June 30 24 July 29 25 Feb. 28 July 21 Jan. 13 3 Jan. Mar. 17 6 Mar. 30 27 Mar. 31 52 40 Mar. 21 53* Mar. 29 113* Mar. 18 8 103* June 22 3* June 30 46J* July 25 91 80 Jan. 7 July 1 15 30 33* July 25 July Jan. 17 July 2 July 13* J an. 10 13* Jan. 11 12 Apr. Apr. Mar. June Mar. Mar. Apr. May Mar. Apr. Mar. 10 17 63* Jan. 7 July 35 Jan. 64 37 July 25 July 7 July 23 133* July 18 153* July 28 _ 1 29 6 28 2 29 29 20 27 23 27 19 18 35 62 63* Jan. 41 Feb. Mar. 28 Apr. 7 10 16 73* Feb. 23 41"" July"" Feb. 21 26 88 Jan 12 6 June 7 313* June 11 76 May 16 65 33 K Mar. 29 1 1 July July 13* Jan. 1243* 83* May 21 July 1 80 53 Jan. 7 96 19 23 Mar. 29 Jan. 5 93* Jan. 103* July Mar. 36 7 3 6 50 • 29 Sale Sale 20 Apr. 12 3*6 May 27 2 23* July 90 62 503* 283* 53* July July July July July July July July 3* July 27 203* Jan. Mar. 31 Mar. 31 10 103* July 75 Sale 26 8 94 Sale 1 28 Sale 23* i03* Apr. 13* July Sale 57 58 "7 """July" 16 3*6 July 2 23* July 12 24 July 29 Mar. 14 Jan. 93* July 42 7 119 12 5 193* Jan. Mar 35 July 29 173* July 25 23* July 14 May 10 43* Mar. 25 30 June 18 5 Apr. 4 43* May 27 63* July 25 34 July 20 Jan. 113* June 44 72 July 6 43* Apr. 19 263* Mar. 22 18 35 Mar. 30 23* 9 93* 3* 3* 443* Sale 83* July 29 July 29 11 20 29 11 8K Mar. 30 40 89 "~K July~"I 23* 213* 119 83* 33* 7 37 53* July July July 1 13 24 5 163* Mar. 18 9 Mar. 30 3* Apr. 12 41 Apr. 7 194 May 6 65 Feb. 4 30 Mar. 29 1 May 18 15 19 13 Jan. 13 Apr. 13 June 6 July 19 83 3* June 57 15 53* Sale 11 76" July""7 19 6 31 33* 6 11 July" 13 53* July 32 July 163* 91 Sale* 753* 39 23* 133* July 413* July 81 16 10 2K 9K 132July 20 July 21 July 26 July 6 July 29 5 33 18 % 27 11 16 20 8 52 53 35 3 Sale 4 ..... 80 1 15 20 373* 1 5 31 '""3* Sale" '""3* Sale" 2K 19 3* July July July 193* July 5 14 July 19 3* July 23 31 18 143* Mar 87 6 69 743* 61 6 23* July 35 73 40 72 OK 38 K 1 75 14 H 75 % 23* 13 May 4 573* May 5 58 May 5 56 May 5 553* May 5 22 Feb. 16 14 29 3 1 31 29 43* July 14 31 55 June Mar. Jan. Apr. Mar. Mar. Mar. 28 143* Mar. 31 15 Mar. 24 7 14 13* Feb. 19 143* 113* 3* 393* 43* 483* 26 19 53* July 1 23* July 1 76 July 29 Jan. 93* July 53* July 93* July 43* July 14 Grumman Aircraft Engin- eering Corp common 1 Guardian Investors common 1 Gulf Oil Corp 25 Gulf States Utll $6 pref.. 15.50 preferred Gypsum Lime & Alabastine.* 3* July 18 14 16 2 13* July 21 July 503* July 53 July 55 July 513* July 503* July 21 July 103* July % July 113* July 23 July 4 K Jan. Jan. 8 18 18 26 153* 23* 13* 60 July Grocery Stores Prod— 9,200 Jan. Jan. 103* Apr. 2 3* Mar. 30 43* Mv. 31 42 Mar. 30 36 Mar. 30 7 35 32 4K 28 17 Grand Rapids Varnish Corp * Non-voting 21 35"" July "14 * Gray Tel Pay Station zi 19 K 123* 50 12 agreement extended 24 23* June 20 35 3* 13* 133* Sale i\H il* 41 27 S3 preferred......... ___.* Gorham Mfg Co— 25 13 27 5 21 July '503* July 513* July 513* July 1 50 July 5 503* July 5 203* July 20 9 July 1 3* July 1 93* July 1 22 July 2 72 * $7 preferred 26 13 32 Sale 40 * 54,600 Goldfleld Consol Mines.....1 * 2,600 Gorham Inc class A com 200 250 ...._..._* Mar. 29 Mar. 30 3 10 13* July 1 K Jan. Jan. 3* Mar. 30 14 13 38 42 * • com 2,950 Godchaux Sugars class A Class B 15,100 300 1,400 1,875 4,900 9,700 $5 preferred 3,400 Gilbert (A C) Co 33* 33* 283* 43* 23* 75 July July July 6 July 14 July 28 July 14 July 19 July 1 2 22 500 400 70 j 50 1K July 243* July 24 July 4 July 13 July 163* July 13* July 103* July 613* July 553* July 43* July 43* July 33 July 53* July 23* July 76 July 16 Gen Tire & Rubber— 50 300 55 1 6 6 12 19 2 16 14 1 1 75 % lM 1,900 General Rayon A stock * 24,600 General Telephone Corp...20 $3 Sale 8K -10 9 93* 2 450 Gen Outdoor Adv 6% pref. 10ft 880 General Pub Serv $6 pref » 700 IK July 213* July 21 July 33* July 13 July 13 July 13* July 83* July 75% Sate Warrants 100 250 400 Sale Prices 86 93* General Alloys Co. * General Elec Co of Great Brit 20,400 15 K 103* 15,500 Sale 2K 9K 4% 7MsSaie 31 2,100 $6 Preferred..... . * 5% preferred...........100 500 IK 8K 4 - 16 140 7,500 4K 5K 23* 9 4 3* 1 * preferred...... $4 Conv pref conv 130 Gamewell Co 16 conv pref * 1,300 Gatlneau Power Co com....* ~ Highest Sale Prices 32 1 Fruehauf Trailer Co 600 Fuller (Geo A) Co com 650 450 Lowest Sale Prices X Sale Ford Motor Co, Ltd, 500 Ford 3001 Highest Sale Prices * 1 20 K 36,900 2,625 13* Sale 57K Sale 75 * 63* 525 16 483* 54 3* 51% 53K 51K Sale 50 K Sale 49% 53 20 K Sale com. 1 ... 6,000 Sale 24 3% Sale 5K 23* 19,500 Ferro Enamel Corp com .1 1,300 Flat Amer dep rets 27,400 Fldello Brewery ..........1 2,092 Fire Assoc of Phlla ....10 97,300 Flsk Rubber Corp common. 1 Preferred 1,925 ...100 9,000 Florida Power 8c Lt 17 pref..* 4~,406 1% 23 K 21% 3K Sale 29 Fedders Mfg Co common....5 10 Fed Compress & W'house._25 " IK 22 IK 8K 50K 33* Sale * warrants Shareholdings Sale 55 1 16 Conr pref with warr Electric Shovel Coal Co— 13 123* IK 8K $6 preferred S5 preferred • Electric Power Associate*... 1 Ask 15 K 22 K Electric Bond & Share......5 Electric Pow 8c Lt 2d pf A Sale Sale 22 Easy Washing Mach class B.* 600 Eureka Pipe Line..: 50 European Elec Co of Can— 15,400 Option warrants 40,300 Ex-Cell-O Corp ........3 2,900 13* IK * 3,775 Elgin National Watch Co..15 2,800 Empire Dlst Elec 6% pref. 100 15,475 Empire G Ac F 7% pref 100 7,300 8% preferred 100 5,350 6% preferred....... 100 800 63*% preferred.. 100 1,550 Empire Pow Corp part atk_." 9,600 Emsco Derrick & Equip Co.5 122,800 Equity Corp common.. 10c 42,400 Esquire-Coronet...........I 50 1,150 650 IK Ask Bid Bid Lowest July 30 July 1 Ask ...» 120 $4 participating pref.. 1,100 Electrographlc Corp com 18,300 Electrol Inc ▼ t c 2,300 Bid Economy Groc Stores com..* Edlsoo Bros Stores ........2 Rlsler Electric com ......1 Class 1 Jan. 3 1938 16,200 5,175 7,250 22,300 1,550 9,800 22,700 1,300,800 54,400 16,300 48,100 25,200 7,840 26,400 20,100 3,120 RANGE SINCE JAN. Price Jan. 1 Shares NEW YORK'* CURB EXCHANGE Since 2,100 1,200 1,700 3,000 EXCHANGE CURB 19 7 Jan. 18 173* July 20 9 Jan. 11 30 Jan. 10 10?* Jan. 11 8 6 7 Jan. 73* Jan. 27 8 63* Feb. 213* June 28 11 July 25 373* Feb. 28 52 July 23 133* July 18 153* June 15 Aug 1038] > NEW " \ . AGGREGATE July Shares 2,100 Par 20 ~2~, 000 1 3 • 23 106,800 Humble Oil & Refining. * 22,100 Hummel-Ron Fibre Corp...5 2.900 200 Hussman-Ligonier Co * iV 1,200 tHuyler'a of Del com 1 3,400 7% preferred stamped.-100 50 7% pref unstamped 100 2,700 Hydro-EIec Secur com 1,800 400 i: 5,100 6,500 7,000 6,000 18,500 Hygrade Food Prod.. 5 6,000 Hygrade Sylvanla Corp.....* 27,000 35,700 28,600 12,850 - Illinois Iowa Power Co arrear , 12 5 9 5k Sale 9X 2; 27; 1 ; 8k Lowest Ask 17k 5 Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices 12 5 July 16 k July 9 May 2 5k Mar. 7 18 June 22 28 8 Sale 6k 5k 12 k 16 % Sale .. 6 67 k 4k 9k 12 6 m Sale 1k Sale 22 3k Sale 3k Sale 6 16 k 5k * Sale Sale 4k 10 70 July 4 July July 31 14 Sale Sale 5 Sale Sale 12 21 Ilk July 26 56 Mar. 31 2 k Mar. 29 13 7 7 % July 26 9 July 6 5 July k July 6 k July 8 7 72k July 12 Sale July July 5 5 July lk July 20 July 2 3 k Sale 16k 17k 5 5k 9k 10 , 20 16 27 3 k July 30 16 k July 29 4 27 23 k July 9 k July ""5k July 2 k July 22 July . 6 28 Apr. 27 Apr. 26 Feb. 1 7 9 July 26 July May k July 13 72 10 June 15 6k Jan. July k Jan. 9 July 7k Jan. 5 k July 2 k Jan. 33k Jan. 2 Mar. 29 12 Mar. 29 3 k Mar. 29 4 k July 1 18 k July 6 Jan. 25 12 5k Mar. 31 48k Jan. 3 13 k Jan* 12 49k Feb. 3 12 • 12 4H 16 k July 20 3 k Apr. 23 4 21k Jan. 27 31 98k Jan. 4 102 k 8 Mar. 29 Ilk 7 7 100 k July 67 k July 4 k July Sale Sale 9k 12 48 k 4 27 k July 12„ Sale 6k 10 4% 5% lk Sale 14 X Illinois Zinc Co 4k 6 k ...... 50 Illuminating Shares Co A...* "3 5 Ilk 65 k * ctfs July 30 100 k July 10 k July .......50 Preferred.... Div 14k 5k , Ask Bid 12 k 16k Bid * 510 5% preferred 100 2.100 Hubbell (Harvey) Inc......5 20,500 500 » 150 Hormel (Geo A) & Co com 1,900 Horn (A C) Co common 8,525 Horn A Hardart com 600 Ask Bid 12 common 785 Holt (H) 8c Co class A 1,700 1,425 July 1 1938 STOCKS (Continue 5,900 Holophane Co Inc j RANGE SINCE JAN. Price Jan. 3 Jan. 1 Shares 45 PRICES IN JULY NEW YORE CURB EXCHANGE Since ;; EXCHANGE ■ . SALES In 200 200 CUBE YORK July 7 k Mar. 24 4k Mar. 28 7k Jan. 8 ""2 3 19 1 15 Mar. 29 1k June 4k July 1 25 21 Ilk July 7 18 k July 5 k July Sale 3 12 7 3 6 8 2 10 15 Imperial Chem Indus Ltd— 800 Am dep rets ord reg 91,300 Imperial Oil (Canada) 8,900 Registered 17,000 400 700 £1 * » 5,500 2,930 8,100 2,440 Imperial Tobacco Co of Can. B Imp Tob of Gt Brit Be Irel..£l Indiana Pipe Line 10 Indiana Serv Corp 6% pfd 100 910 7% preferred 100 400 Ind'polls P & L 6k % pf ..100 " 2,400 330 70 25 ;; '17% '17 k 17k 13 H 37 X 7 Sale 17k 13 k 38 17 Sale 16 k 35 k 17 15k 35k 15k 34k 15 1 8 6 July 900 96k "99"" * Class B stock 700 Industrial Flnancs 175 3,950 900 ""8,506 ; v 1 * 1,500 200 2,300 Non-voting class A IX Sale X 1 1 t c 1,175 7% preferred ....100 26,250 Insur Co of North Amer...l.O 6,000 Internet Cigar Machinery._• 6,600 Internat Holding Be Invest.* 34,600 Int Hydro-EIec 13.50 pref. .50 "A" stock pur warrants 3,700 125 151,900 Internat Paper & Pow warr.. 139,600 Internet Petroleum com.... * 1,400 Registered ........* 33,700 Internat Products com .* lk Sale 1 lk 1 a '""k ""k xy% k k 10 18 IX 16 Sale 65 k Sale 20k 62k 18k 66 20 54 17 Sale" i<T" "17k 20 "63k 22 18,600 H 2 k Sale 28 X Sale 25 28 25 k 29 40,400 International Radio Corp..l """966 4.100 Internat Utll class A.......* 4,300 Class B 36,400 ..........I 3,600 $1.75 preferred .....* 2,330 $3.50 prior preferred... * New warrants......... 8,100 38,700 International Vitamin 1 100 330 1,100 10,400 5,400 "3"" Sale Sale 26 26 Sale 25 k 3X 4 Sale 5 5X 8k Sale k Sale Sale 8 Sale 2,800 1,750 2,800 2,800 35,200 1,100 50 100 270 20,900 19,800 6,900 19,600 10,300 550 200 100 90 15,800 4,800 400 100 200 2,600 Investors Royalty C0.......I Iron Fireman Mfgcom v t c .10 Irving Air Chute com.... ..1 Italian Superpower cl A 32 3k 9,300 Kennedy's Inc 5 5,000 Ken Rad Tube Be Lamp cl a.* 3,900 Kingsbury Breweries com 1 Kings County Lighting 800 7% preferred series B 100 400 5% preferred series D...100 92,050 Kingston Products.. t 26,300 Ktrby Petroleum ........1 8,300 Clrkland Lake G M Ltd .1 1,000 Klein (D Emll) Co common..* 400 Klelnert(IB) Rubber. 10 6,700 Knott Corp com.... ...1 800 .... 2,650 1,700 11,000 110 21,500 650 20 100 32,800 17,600 1,500 220 Lackawanna RR N J 80 Lane Bryant 7% pref ..100 Langendorf United Bakeries Class A. 50 * 3,800 Class B 5 X Sale IX 2 Sale'- k» Sale 14k 14k 10 Ilk k Sale 3k 2k 65 32 k Sale Lefcourt Realty 36 5 •jj # ... 8,200 Le Tourneau (R G) Inc.. 350 Line Material Co new t Sale Sale 66 k Sale 9k k 5k 11 lk "1J00 2,900 88,300 16,000 5,300 1,110 1,125 1,100 28,500 11,650 450,000 76,200 47,600 3,460 5,725 8,900 156,800 1 7 20 July k July 82 2k July 24 k July 10k 8 k July Sale4 7 k July 10 7 Feb. 3 48 k Mar. 31 16k k 8k k Mar. 24 Apr. 2 Apr. 1 Feb. 17 6 Apr. 2 1 k Mar. 26 k Jan. 8 30 6M 8k 9k 9k 24k 6k 15 9 \YA i!8 X 5k 2k 66 k %. Sale 2k 67 k Sale 3l"" '31k 5k 10 k 2k 3k lk 13 X 8 5k Ilk Sale 38 27 k Sale 4 lk 15 10 k July sX July k Mar. 25 7 k May 14 Sale 25 12k 99 100 99 99 k 45 29 65 70 12 Sale 11 7 Sale 49 Sale 52 Sale 13 12 12 15 July July 81k July 29 k July July 5 ~ % Feb. 8 14 25 27 29 33 3 k 4 k 1 k 15 8k 14 k 5 100 July 600 2k 6 lk 16 % Sale 16k "18k Sale" 10 k 16 lk k Feb. 1,900 9 k .* 7% preferred. * 100 $% preferred series B ..100 Loudon Packing Co com 2k 2k 10 lk 13 k 4k 20 Sale lit Sale 22 k Sale x22X Sale Sale 11 13 25 15 24 lk 2 2k 6k ik 13k 4k 12 130 600 340 $5 preferred 2,400 MapesCons MfgCo conv 8k Sale Ilk 12 k 8k Sale Sale Sale For footnotes see Communication Am dep ret page 53. 43 k Jan. 10 Jan. 23 27 Mar. 2 Jan. 14 July Jan. Jan. 3 9 1 42 Mar. 15 Mar. 26 33 1 k June 10 June 10 %' Mar. 29 May 27 5k Mar. 31 25 k Mar. 31 10k Jan. 20 13 k 95 14 Mar. 31 July 7 3 k Jan. 5 Feb. 10 1 k Jan. 24 14 8 15k Jan. 8k July 25 14 k July 20 12k Feb. 23 102k Jan. 13 21 1 5 19 48 July July July 11 38 25 29 26 19 37 k June 30 Ilk June 28 5k Mar. 31 Ilk July 23 7 k July 1 49 2 k July 63 k July 3 10 lk 18 Sale 13 k Sale 9 k Sale 13 14 k Sale7 30 27 k lk Sale 2 8 Sale lk 8k 35 Sale k 37k 1 Sale lk 35 2k Sale 35% 37k# 1 lk '"2k ""3k *18"" "20 k lk Sale« nX 6k 7k 3P •27 k 2k 22k 35 15 16 17 k 6k Sale 2k 9 k 38 Sale k 2k 20k Marconi Internat Marine— 200 18 17 5 Jan. 3 23 26 52 k July 3 k July 63 k July 48 May 26 12k Feb. 10 Jan. 17 45k Mar. 17 58 k Feb. 25 1 lk Mar. 28 63 k July 19 3k Jan. 12 85k Jan. 14 14 3 15 26^ 33 » * Jan. 66 73 85 22 Ilk July 6 k July lk July 12 July 14 4 July 28 k July 21 27 k 22 k July 1 13 July 7 "22k Sale" x22X July 1 Ilk 13 k Ilk July 15 15k 24 2 July 5 2k 2k 7 k Sale lk Sale 36 k Sale * 22,400 Majestic Radio Be Tel Corp..I 400 Manati Sugar opt warr_. 7,900 Mangel Stores Corp com 1 17 28k Mar. 26 1 k k July 6 July 14 5 k July 6 k July 1 26 k July 29 14 July 25 24k July 19 Ilk July 15 15 12 k : 2k k 13 May Apr. Jan. Feb. May Mar. 13 12 17 3 27 7k 2k 6k 2k Sale 17 k 7 Ilk 12 k 8k lk July July July July 33 July 26 k July lk July 8 July 88 July k July 34 July k k 2 k 30k 16 July July July July July 8 25 10 1 Mar. 28 Mar. 19 7 k Mar. 28 5k Mar. 29 6k Mar. 31 lk July 30 X July 27 2 k July 2 35 July 30 17 k July 23 6 29 . * July ' % Jan. 14 13 k July lk July July 28 k July 2 k July 9 k July 88 July k July 39 July 5k 26 k July 14 k July 10 k July 38 May 13 5 k May 26 1 k June 29 15 July 14 26 Ilk June 29 15 k Mar. 28 10 k Jan 3 19k Apr. 14 "3"" July "26 July Mar. 30 19 8H Long Island Light com Mar. 31 1 37 k June 30 98 12 k Sale 3 k Sale 1 3,600 Lucky Tiger Combination.10 7,650 Lynch Corp com...........5 2,900 400 Lone Star Gas 7 19 9 11 14 87k ...5 .... Apr. May 25 111 21k Jan. 27 2lk 4 Mar. 31 7k 5 k Apr. 1 Ilk July July July July July July July July 47 52 X Sale 2 k Sale Louisiana Land 0k Expl com.l 10 Louisiana P & L $6 pref * 10 8,600 Lockheed Aircraft 19 106 300 Loblaw Groceterias class A.* Locke Steel Chain Co 11 12 23 40 12 Jan. 26 July 28 5 Jan. July 21 7k Jan. 3 k Jan. 52 k Apr. 61 Apr. 25 July Jan. May 11 1k June 1 July k July 99 1 9k 30 k k 4k 3 28 17 68 21 5 k July 7 k June 23 Jan. 6 9 31 29 31 6 13 1 10 k July July July 8 k July 4k Feb. 25 Ilk July k Jan. 18 July 12 k Jan. k Jan. 25 July July 39 k July 83 12 July 20 k May 12 8 k July 26 3 k July 7 31k Mar. 4 31 Mar. 9 20 65 k July July 7 lk Jan. 20 5 July 28 Jan. 7 k July 72 k July 3 k July 1 July 4 2 2k July 7 111 2 8 11 7 1 19 5 5 Ilk June 23 67 k June 27 22 Jan. 15 kMay Ilk Mar. 7k Mar. k Mar. 5 k July 9 k July 38 k July 27 July 2 k July 27 2k Mar. 29 75 Ilk 7k 1 19 lk Jan. 27 lk Feb. 24 k July 2 2 k June 10 25 k Feb. 3 2 k Mar. 30 k July 3k July 2 k July 15 9k 'a 8k Jan 26 19k Mar. 4 19 Mar. 19 15 k July 7 37k Jan. 21 9 k July 29 16 Mar. 16 19 k May 13 97 k July 29 5 Mar. 30 24 k Apr. July 18 July Ilk July 4k 33 12] 71 e k July 14 k July 25 Sale : % July July 29 k July Sale k "4 k Mar. 31 6 July July JulyJuly July 7 k July 26k 28 2 k Sale 1 5 5 k July 33 13 k 7 7 "5k Sale 18 9 2k Mar. 31 Ilk July 4 k July 5 July 36 Sale 23 Mar. 31 24 k June 21 I 8 8 31k June 23 lk Mar. 18 k Mar. 11 July 4 July Sale 4 1 May 31 Apr. 8 1 July 20 July 2 July 26 July 7 July 13 July July 40 2% Sale 3X Sale IX IX 15 15k k 8k 3 k 26 k 7 k July 3 k 33 .5 .... 10 3 "ii 26 1 com Preferred 4,700 142,800 Lehigh Coal & Nav ..* 97,000 Leonard Oil Development. .15 2 29 16 108 k 6 14 k July 97 k July Mar. 29 Jan. 28 Feb. 5 10 k July 2 Ilk July 13 66 k July 2 21 July 20 3/. 7k 29 k 70 * 131,600 Lion Oil Refining * 2,500 Lipton (Thos J) class A.....1 500 6% preferred ...25 10,900 Lit Brothers com...........* 100 10k k ...100 1 237,400 Lake Shore Mines Ltd 26,150 Lakey Foundry Be Machine. 1 250 14,900 Sale X Koppers Company— 6% preferred .....100 Kresge Dept Stores— 4% conv 1st preferred-.lOO Kress (S H) Be Co spec pf..l0 Kreuger Brewing Co... .1 700 400 14 M ... 50 100 Sale 9 21 lk July lk July k July 10 July 62 k July 20 July ""3 k "July "19 400 Kansas G & E 7% pref 100 10 Keith (Geo E) Co 7% pref.100 200 Kobacher Stores Inc com...* 450 Sale "7" Sale" 12^ July 1 k July 1 k July 7 2 29 26 k 4 , "9k July"29 14 July 14 July 97 k July 3s2 * 143,900 Jacobs (F L) Co I 8,900 Jeannette Glass Co........* Jersey Central Pow Be Lt Co— 350 5H% preferred........100 760 6% preferred...........100 1,020 7% preferred ........100 51,900 Jones Be Laughlln com 100 k 7k X 7k 29 k 3k 3 700 Interstate Hosiery Mills * 3,880 Interstate Power $7 pref....* 70 "2", loo 7k 10 X Sale 8% 10 26 k 30 21,300 Interstate Home Equip com.l ""600 .. Sale 2% 1,300 Internat Safety Rasor cl B.' ; 2X -»»>'■ 7,800 7 8 7 1 Sale 200 Internat Metal Indus cl A..* 27,700 20,000 IX 15 k July 12 Sale Indian Terr I llum Oil Co— 400 200 17 k July 17 July "7 k July ""6 7k 86 k 16 k July 17 July 7 k Feb. 16 15 Mar. 31 15 k June 15 13 k Mar. 18 July 25k Jan. 14 25 Jan. 14 18 3 July 26 Feb. 22 k May 2 13 k July 23 14 k July 14 10 k July 26 3 1 Mar. 30 30 25 Apr. 20 42 Jan. 5 June 17 34k Jan. 2 k Jan. 9k Jan. 6 lk July k July 30 27 3k Jan. 12 Feb. 4 lk Mar. 31 6k Mar. 30 88 July 26 k Mar. 25 24 Mar. 31 k k lk 29 k Mar. 23 July 27 Apr. 6 15 June 22 May 12 7 k Jan. 6 lk Jan. 19 10 88 July 26 k Jan. 13 39 1 July 26 45 19k Mar. 14 7k Jan. 6 46 NEW aggregate sales July Shares prices in july NEW YORK CURB EXCHANGE Since Jan. 1 Shares In YORK CURB EXCHANGE Par • 1,000 Margay OH 19,400 Marion Steam Shovel com..* 4,000 Mass Util Associates v t c__„l 24,100 Massey Harris Co common..* 8,950 Master Electric Co 1 "5,600 500 5,900 5,000 ... Bid Ask 20 Sale 16 Sale 14 M 6)4 Sale 2x 8)4 8x 14)4 Sale 2 654 14 Lowest Ask Ask Bid 17 23 Bid Highest Sale Prices Sale Prices July 30 July 1 1938 STOCKS (Continued) range since jan. 1 Price Jan. 3 Lowest 23 ... 2% Sale Prices 16 6x Sale 9)4 9 15)4 Highest Sale Prices 16 5X 2X 8X 13 x July July July July 14 8X July 2X July 10 July 1554 July 25 55 z 30 22 29 June 20 24 354 1X 4 X 11X Mar. 29 Mar. 29 Mar. 29 Mar 31 8)4 July 5 254 July 30 10 July 22 16)4 Jan. 21 47 Feb. 55 Mar. 1 May Hosiery Mills— 500 100 $4 preferred w w * l 7,800 McCord Radiator & Mfg B—* 59,400 McWilliams Dredging com..* 4,325 Meed Johnson ft Co com....* 14,300 Memphis Nat Gas com ......5 1,900 7,100 425 1,500 47 2) 56 2 54 1054 Sale 95 99 Sale 4 July 2x July 15 x July 110 July 51 2% Sale Sale 110x 112 4)4 Sale 16 x 2)4 15x 121x 3x 3 Sale Sale 3x 3X July 3)4 1754 16 124)4 454 19 July 11 July 21 July 19 July 21 July 75 Memphis P & L $7 pref ""800 Mercantile Stores Co 2,000 Merchants & Mfrs class A 175 450 43,100 2,150 1,000 72,500 3,300 450 100 23,700 500 20 ..* Partlc pref.... 1 ....100 warr'ts. Common stock pur com..25c 110 Part preferred —15 Metropolitan Edison Co— 325 S6 preferred ..... * 2,000 Mexico-Ohio Oil Co........* 71,300 Michigan Bumper Corp.....l 82,500 Michigan Gas Be Oil Corp... 1 7,500 Mich Steel Tube Prod....2.50 19,900 Michigan Sugar com * 2,900 Preferred 10 25 1,100 15,500 21,300 400 1,000 18)4 354 Sale 18)4 Sale 454 4% 19 18 20 18)4 July 4^, 3X Mar. 31 4X 19 Mar. 23 13 X Mar. 26 4X 4 July Sale 4 3 12i% 17 19 46 x Mar. 29 Mar. 22 25 2 Mar. 25 5 30 Mar. 31 50 x July 9 ix July 27 25x July 29 83 11 46 Sale x July x July Sale ix Textile Corp Sal* 4 Sale 5)4 8 Sale ix ix x x Sale x Sale 3)4 Sale 7)4 Sale X Sale 3x 4)4 1^ fSale Sale x 3)4, 23 , 8x x July A July x July 3 July 7)4 July % July 11 14 2454 July 5 x 54 354 8)4 54 1 1 12 July July July July July July 6 26 19 4 454 Jan. Mar. 30 25 Jan. Apr. 8 6 74 X May 13 A July 14 % June 13 2 Apr. 29 5 May 26 A Mar. 31 3)4 May 5 154 54 5)4 X 5 10 June 30 1 July 23 Jan. 20 July July Apr. 27 ._ 1 Jan. July 21 13 1 Mar. 55 13 July July 11 20 23 11 23 25 6 11 4 11 Jan. July 50 July x July x July ix July 28 July 23 July 1754 July 19 July 21 83 2% 3 45 Sale 1 Mesabl Iron Metal 16)4 ...—_* Merrltt Chapman A Scott—* 6)4% A pref Mar. 31 90 45 2,200 11,000 3 IX Mar. 28 7)4 Mar. 29 23 25 Feb. 4 Feb. 10 29 85 May 20 % Jan. 20 X Jan., 10 Jan. Jan. 14 12 Jan. 12 Feb. 24 5 Middle States Petroleum— 10,500 4,900 7,000 1,400 40,300 23,400 25,600 8,800 350 2,600 900 200 5,410 Class B vot trust ctfs Middle West Corp common..5 Warrants Midland Oil Corp— %2 conv pref ....—* 4 454 Sale & x 7* 1 4x 3x % 6x x July July July July 12 5 5 3x Sale x x 7 Sale % Sale * * Class A vot trust ctfs July 454 July ix July 754 July 6 1 July 19 12 5 2 6 July 2 354 Apr. July 21 July 22 July 12 July 25 July 19 2 July 18 39 July 27 76 July 30 110 July 19 2 454 July 11 July 29 June 1 6 Apr. 454 July 19 Mar. 24 IX July Apr. 29 754 July May 20 1 June 30 10 Feb. 23 12 5 Midland Steel Product- 1.325 10,900 27,300 2,500 3,100 4,300 3,600 4,300 900 30 40 500 3,100 Mining Corp of Can.. Co 26 10 OH Co Minnesota Misi & Mfg 1 Corp 800 Monarch Mach Tool Co com.* 65,800 2,200 1,600 3,390 3,550 1,700 500 200 710 650 <-<•<•175 Monogram Pictures com 1 Monroe Loan Society cl A—* Montana Dakota Utilities..10 67,loo 2 27 70 ix 75 ix Sale 11x 2)4 31x 33 754 10 x IX 12x 14)4 72 x 78 ix ' ix if* dh dh Sale 76 5 6X Sale 5 5X 1254 15 IX Sale ix 2)4 5 6)4 4)4 Sale 8)4 Sale 5x Sale 12 x 354 11 \ 7% A pref 100 17,950 t Moo re (Toin) Distillery Co.l 200 Mtge Bank of Col Am Shs 6,500 359,800 Mountain City Copper Co..5c 37,700 Mountain Producers Corp. 10 2x 70 5x 22 Sale 30 145 33 Sale 30 X Sale 23 x 26 32 34x 22,100 900 10,100 145 165 x x IX Sale 11x 11 7x 10 7 Co com — 1 1 14,700 6,700 15,200 400 7,300 July 155 July Nat Manufacture & Stores..* 4 National Oil Products.... 39 p July 27 June 76 Mar. May 2X Mar. ex Jan. 110 103 9 Sale 5 454 8x 7X Sale Sale Sale X Sale Yi 9x 37 7 ux Sale 9x 9x 6 7 14 1?* 1 58 30 41 32 64 ih 7X Sale 13 Sale 254 3x 25 x Sale 34)4 61 a 7x 12 x 3)4 7 29 July 27 July 19 July 6 July 7 July 20 July 7 Mar. 155 31 Feb. 24 27 Mar. July 28)4 May 3454 July 18 Jan. 3 Jan. 10 x July % 9 554 July 554 July 1 5 7X July 7 n 8x July 7 19 28 Apr. 20 X May 58 Sale 9 June 3 30x July July 11154 July Sale 7X July 8 July 11x 7x 9)4 61 8 13» n7x ex 16)4 3)4 2)4 5X Apr. July Feb. July it* 154 Mar. IX June 122 July 12 July 29 July 7 2 11754 July 26 July 29 5 12 6 10 x July 28 5 July July 1 1 July July July 19 25 754 July x July 13 1 8 10 5 * * 4,100 National City Lines com ) 1,050 $3 conv preferred.. ..50 21,000 National Container (Del)—1 46,200 National Fuel Gas -.* "3",100 2 11 July 25 July 19 69 3X Mar. 12)4 Mar. w 7 Jan. 2454 Feb. July 13 8)4 July 3)4 July July 19 5 14 19 2 8 10 40 July 13 10 7 12 July July 28 21 13 x July 3)4 July 25 x July 13 1 38 H June h Feb. 354 May 4X Mar. ,x 100 Jan. 554 July 54 Jan. Jan. 121 Mar. Jan. 6 Mar. 12 June 12 X Jan. 7 June 24 3X Mar. 23 4 June 14 54 Mar. 25 36 May 6 7 May 6 654 Apr. 8 10 July 13 10 Jan. 36 May 7 May 11)4 Jan. Jan. Mar. 18 Mar. 30 25 1 37 2 12 754 July z9 15 7 4 24 8)4 Mar. 14 8 Apr. 13 July 29 5)4 June 3 July 21 12 8 June 23 6 25 ... Sale 354 36 145 Jan. 145 Sale 8)4 Nat Bellas Hess com 6x July July July 2x July 5x July 5)4 July 2X July gjj Mar. Mar. Mar. Mar. 17 Jan. 34 x July Sale 9 National Baking 3x July 8x July x x 5% Sale 5)4 Sale 8 Nat Automatlve Fibres com.* 76 May June 3 5)4 Sale 4)4 6 7)4 Sprlngfilled Corp.* July July July July xl4X 80 X IX 854 29 x July 23 x July 39 180 11 Nachman July 2 5x July 33 7x 9x 25 National Breweries com 200 National Candy Co com 900 6 36 155 7Ig iIB 16 x July 2x 28 1,000 47,300 2,200 64,800 400 11 33 146 16,000 Murray Ohio Mfg Co... * 4,700 Muskegon Piston Ring..2.50 500 17 Sale 2 500 {Mountain States Pow com.* 720 Mountain Sts Tel & Tel„100 5,500 11x 6x Sale 15 x 20 254 Sale ix 2 bx 6 4x 13 11x July 70 July ix July 7X July 108 3 Montreal Lt Ht & Pow com..* 60 "2",666 ix 12x Sale Montgomery Ward Be Co A..* Moody's Investors Part pref.* 850 Moore Corp Ltd......... * 100 1354 Midwest Piping & Mid-West '88,200 Molybdenum 100 15,000 12x 78 83 1)4 Sale 6)4 7)4 754 10 * Mid vale Co Mid-West Abrasive Co....50c Supply Co* * * 120 Minnesota P & L 7% pref.100 240 Miss River Power pref 100 1,400 Missouri Pub Serv common.* 9,200 Mock Judson Voehringer2.50 100 1,100 19,300 shares....* Si non-cum div 6 6 8 Feb. 3 14 1454 Jan. 3)4 July 38 July 11 14 19 64 X July 22 11 Nat Power be Light— 21,000 1,000 31,000 7,800 3,500 1,400 21,600 2,750 "5", 300 2,300 600 550 4,000 .......* 25 S6 preferred Sale 62x July 1 64 x July 5X July 29 A July 7 July x July ix July 64 July 16 x July 61 National Refining common Nat Rubber Mach com ..1 National Service Co Conv partlc * preferred..—• National Steel Car Ltd.....* National Sugar Refg .* 4x Sale 5X Sale x ix a&«\y* ix Sale 35 14x a 2x Sale 16)4 'i§"" "l3x 5)4 x jx 64 14 5% a 2x 66)4 15 20 14 13)4 July 2 154 July 48 X July 6 32 16,500 National Transit 12.50 64,100 National Tunnel & Mines..* 19,200 National Union Radio com..l * 8,350 Navarro OH Co 1,000 Nebel (Oscar) Co com * 240 Nebraska Power 7% pref.,100 16,800 Nehl Corp com * 100 70 3,500 10 10 400 1st 800 700 Nestle Le Mur Co class A—* 50 Nevada Calif Elec com.*... 100 275 7% preferred ......-100 ""50 300 New Bradford Oil 5 245 New England Pow Assn com.* 6% preferred 100 100 $2 preferred —* 1,140 New EnOl Tel & Tel Co...l00 6,000 New Haven Clock Co com—* 2,000 New Idea Inc common * 42,650 New Jersey Zinc 25 22,300 New Mexico Be Aria Land—1 58,400 Newmont Mining Corp....10 300 200 2,225 325 """130 1,200 1,300 4,850 2,400 11,200 IX % 13 33 8x Sale 34 14 37 6x x 7g 200 400 900 N Y Pr Be Lt 56 pref 160 180 2,000 200 350 46,600 1,075 150 8,100 1,600 7,600 25 10,300 "7,266 1,800 7% preferred... N Y Shipbuilding Co * 100 Founders shares.........I 11,500 ...5 1,000 New York Transit 1,080 N Y Water Serv 6% pr«f_.10f 252,900 Niagara Hud Pow com.....10 7,450 5% 1st pref ........100 400 5% 2d preferred 100 26,100 Class A warrants 6,700 Class B warrants 32,000 Niagara Share Corp class B 5 125 Class A preferred....... 100 46,700 Niles-Bement-Pond com .* 650 Nineteen Hundred Corp B..1 27,700 Nlplsslng Mines 5 , For footnotes see page 53. 2i Sale 14 14 Sale 107 X Sale 47 x Sale 7X 2X ,1 15 x 45" Sale Sale 1)4 17 Sale ......... ...... 6 Sale 6 5x 4x 5x July 6 7 6 x x 52x July x July 12 19 x 98 7x Sale 10 Sale Sale 97 8 13)4 a* Sale a* 56 14 58 x Sale ix ix 67 x Sale 20 27 a a va 13 Sale 27 x Sale 6)1 97 7x Sale Sale 7 4 16" 19)4 7X Sale Sale 4x July 454 July a* 105 110 8x 13 64 2)4 71 8 21 it* 28 7 95 105 ex 4 8 Sale Sale 7x 4x 8)4 Sale 8 Sale Sale 68)4 Sale 1* ig 6)4 Sale 7X July July July 13 154 July 67 x July 2 1 80 Sale ex Sale 35 4 4 6)4 10 ix Sale 1 7 22 25 Jan. 7 5 July July 7 22 6 Jan. 12 10 Mar. Apr. 10H Mar. 62 Jan. Apr. Mar. 15 Apr. 1 July 29 July 29 July 2 July 20 July 25 2)4 July 14 77 x July 25 14 67 13 July 27 x 7 91 100 July 8 20 x July 25 2954 July 13 8 July 26 95 July 30 105 July 30 July July July July 7x July July 2054 July 9)4 July July 70 July 3. July 15. July 1* July 80 July 3954 July 654 July July 4 July 754 July 82 x July x july 154 July 6)4 July 19 7 27 2 25 25 7 8 20 o July 33 x July 29 10 ix Sale July July 10 12 x July 53 x July 2 July 80 38" Sale" 8 18 79 Feb. May 29X Mar. 79 July 3)4 June 4)4 June X Mar. 5)4 Apr. 754 Jan. 54 Mar. Apr. 51 July June 454 July 85 108 10 42 154 July 1 IXJuly"21 14 July 20 15 5 25 19)4 Jan. 12 July 25 30 10 Jan. Jan. 5 95 Mar. 6)4 Apr. Apr. 91X Apr. July July 30 30 105 Mar. 25 Jan. 19 70 9)4 4X 2054 9 X 89)4 60 70 5 Mar. 17 2 81 4 12 77 X July Mar. 10 X Mar. July 23 May 10 Jan. 14 Mar. 1X Mar. 5)4 Mar. 20 11 28 28 72)4 Jan. 254 Jan. 4)4 Mar. 12 May 45)4 Mar. IX Mar. 18 2 68 x July ex 1)* 111^ 4 Jan. 36 11 108 13 9 July 17 83 3 4)4 July 23 21 27 5 96 x 13 19/ 30x 18)4 Jan. 29 13 45 52)4 July 58 2x July BX Jan. 9X Jan. Jan. June Jan. Mar. May 1 Feb. 18 July 28 51 21 13 x 74 19 25 66 x 28 3 5 *A Feb. 2 64 105 July 12 53 x 19 x 20 19 22 25 4)4 7)4 IX 54 12 X A June 30 6 21 7 22 25 27 22 % July July 6x 5x 51)4 4x IH iJH Mar. 18 454 Jan. 15 45 79 5x 1 'llx 'six July July July July 'a July July July 79 July 6 July 6 July July 7X July 2X July 54 July 14 July A July 107 x July 45 1,700 N Y Auction Co common...* 14,000 NYC Omnibus warrants 3,950 N Y Be Hond Rosario M 10 8,500 N Y Merchandise Co com.. 10 5,900 Sale 4% 4 900 New Process Co common....* """loo 8x * preferred 3,700 Nelson (Herman) Corp .....5 8,900 Neptune Meter class A— * 300 7x 31 20 29 19 23 1054 May 27 625 National Tea Co 5)4% pref. 10 3,800 9,200 5,200 2,700 38X Mar. 3 May 2)4 Mar. % Mar. ix Mar. 30 5X Mar. 30 Mar. 30 May 4 X Feb. 8 X Apr. 5 354 Mar. 30 80 Juy 13 24)4 Apr. 1 754 Mar. 23 154 Mar. 26 14 Jan. 24 Jan. 6 July 27 July 2 July 25 July 25 % Jan. 4 1X June 27 7X July 20 89)4 3954 9)4 2)4 Jan. 22 July 29 Feb. 14 Feb. 4 AUG., 1938] aggregate In NEW YORK CUBE sales July PRICES IN JULY NEW TORE CURB EXCHANGE Since Jan, 1 Shares Shares 5,600 53,800 1,100 3,300 800 300 700 700 1,000 70 400 1,000 15,900 1,500 700 975 250 1,500 430 10 30 300 1,300 2,200 100 8,900 ""•ioo 100 8,000 300 650 10 1,400 400 50 15,400 226,700 400 100 6,100 ""466 l 2,400 50 550 2,800 7,800 35,600 1,060 1,560 6,500 69,000 7,800 8,500 6% prior preferred Nor Amor Util Sec 25 150 700 170 1,250 350 1,200 1,975 ...50 8 North European Oil com 1 Nor Ind Pub Ser 9% prof. .100 Northwest Engineering * Novadel Agene Corp....... 3,225 Ohio Braes class B • 925 Ohio Edison 96 preferred .* 5,700 Ohio Oil 6% pref ...100 2,800 Overseas Securities Co * 2,300 Pacific Can Co common....* 30,800 Pacific G Ac E 6% 1st pref..25 2,250 5M% 1st preferred 25 2,675 Pacific Ltg Corp 96 pref....* 380 Pacific P Ac L 7% prof 100 11,300 Pacific Public Service......* 1,400 1st preferred.............* 100 Page-Hersey Tubes com 1 64,900 Pan Amer Airways com __5 945,600 Pantepec Oil of Venezuela,.1 800 Paramount Motors Corp_...l 600 Parker Pen Co... 26,500 Parkersburg Rig & Reel Co.l 210 Patchogue Plymouth Mills..* 2,100 Pender (D) Grocery ci A....* 5,200 Class B • 1,900 Peninsula Teiep Co com * 30 7% preferred .100 2,800 3,500 300 6,900 100 h, 4% 5% 6% 12% Sale 13 15 22% Sale Sale 92 109 Sale ll|% 112 9% 9% 10 Sale Sale 87% 3% 3 4% 17 5 18 W Sale 5% 4% Sale 11 Sale 2 "3% 6% 27 12 13 16 24% 25% 1 common. 16% 17% 7% 5% 29% 4 % Sale 3% 3% i§* 15% 4% 3% 16% Sale 17% 19 21 23% 3% 4% 4% 1% 3% 1% 4 2 27 4% 30 July 20 July 27 July 1 July 27 76 July 14 5 July 19 11 July 27 13% July 13 22 % July 1 33 $5 preferred... 3,900 Pa Gas Ac Elec class A......* 770 Pa Pow & Lt 96 pref....... 2 1% 2% 2 Sale 2 6% 7% 6% 8% Sale 3% 93 Sale 160 Sale 92% 151% 10% 133 10,150 Pepperell Mfg Co... ...100 450 Perfect Circle com.........* 68% Sale 67% Sale 76% Sale 26 23 145 68 1 88,300 Pioneer Gold Mines Ltd .1 33,450 Pitney Bowes Postage Meter* 72 31 24% 3% 5 2% 2% 17% Sale 11 12% 1 3% Sale 3 % Sale 21% Sale 16 Sale 2% 5% 7% July 29% July 27% July 106 July 65 July 6 7 July 19 18% July 92% July 15 Sale July Sale 4% July 3% July 4% 15% July 18% 15% July 6% 5 50 Sale 7% 7 Sale % % if a7S Polaris Mining Co........25c Potrero Sugar com..........5 25% July 4 July 25 July "T.495 1,150 8% 52% 3% 3% 23% 18% 1% 3% Sale Mar. Mar. Apr. 7 7% Ju!y July 12 27% Jan. 14 108% July 22 65 July 15 7% July 19 19 July 20 94 July 23 6 19% Jan. Feb. 23 Jan. 7 July 20 Jan. 14 19 11* it* 7 5 14 June Apr. Mar. Mar. 19 Pressed Metals of Amer.....* Mar. Apr. June May May July 30 5% July 30 25 July 14 8% July 6% July July July July July 23 July 19% July July July July July 56 July July 106% July July July 3% July July July July July 24 July 2% July July July July July July July July July July July July July July July July July 39% 45 9% 55% 7% 50 6% 8 101% 103% 7% 20% July 15% July 1 8% 3% % 4% Sal? 15% 20% 21 15% 19 Producers Corp........ 1 Prosperity Co B common...* Providence Gas Co........ 6* 2 2 2 5% 83 6$ 16% Sale % Sale 6% Sale 6 98 6% 82 6% 92 % 6% 3 3% % 4% 15% 17 14 24 2% 21% 2% 19 20% 15 ?* 86 88 ?S % 4% % 5% 7% 6% 85 92 6% 1st preferred.......100 7% 1st preferred 100 100 $ 85* July 12 July 1 July 8 July 29 July 7 July 19 July 20 % 6% 7% 7% 85 • 7 103 35% Sale 19% Sale 35 Sale 24 6 9 84 24% Sale 12% Sale 160 300 700 T,706 360 350 100 250 100 1,100 100 * 1,590 Quaker Oats com........ 990 6% preferred 100 2,775 Quebec Power Co......... 11,220 7", IOO 11,500 66,000 14,500 2,000 41,600 5,000 10,200 75,400 6,500 29,900 550 8,900 100 1,900 1,000 2,100 5,600 700 4,900 Sale 95 6% 5% 7% 6 July 20 July 19% July Sale 99 Sale 138% Sale 146 Sale 15% 17% 15 16 % : 40 Sale 6 Sale Reed Roller Bit Co new.....* Reeves (Daniel) 00m...... • 28% com 5 12% 5 Reybara Co., Inc.:........l Reynolds Invest 29% 0% Oil Corp......* 14 4 3 .......1 105 146 July July 15% July 149 20 11 18% Sale 42% 3% 4% 6 6% 33% Sale 5% * 1 4% Sale Apr. 14 86 1 % July 23% July 47% July 7 July 1 18 19 7 6% July 27 July 20 July 1 July 7 10 July 28 7 %, July % July 15 % July 7 12 20 July 29 5 July July July July July July July July July July 26 28 25 2 2 5 22 20 9 1 % July 5 July 3 84 July 6% 35 5 Yt 13 4 % 1 % % July 26 6 3% 30 3 18 28 22 26 31 1,400 8,700 For footnotes see page 53. % Sale % % % "4 ?8 July 13 Jan. 11 7 Jan. 19 39K July 29 July 19 Jan. 24 July 28 Jan. 12 July 25 Jan. 14 14 1 21 Mar. 29 Jan. Mar. Jan. 4ji July 20 15% July 25 97 July 8 24 July 20 37 Mar. 25 Mar. 30 20 July 19 i Jan. Jan. 7 21 7 July 18 Jan. 7 Apr. Mar. 30 July Feb. 4 Mar. 30 Mar. 31 19 6| i* Mar. 25 103 Jan. 16 July 22 Feb. 25 103% Jan. 29 106 22 Jan. 28 39% July 19 11% Jan. 18 24 July 30 75% Apr. 26 May 20 % July 30 10% Mar. 30 23% Mar. 29 4% May 23 7 May 2 4% Mar. 28 90 136 86 92 15 15 23 28 10% Feb. 3 29 Feb. 17 Mar. 29 Jan. 28 Mar. 31 May 13 Mar. 31 May 25 Mar. 26 % June 22 4 1 Mar. 31 Mar. 30 % Mar. 31 2 8 Feb. Feb. 19 18 47 i July 19 7] Jan. 12 9 June 29 Jan. 21 7 Mar. 31 105 7% Mar. % Feb. % Feb. % Jan. July June 235 May 9 146 16 13% Mar. 21 Rio Grande Valley Gas Go— Voting trust ctfs......._.l 8% July 26 Mar. 30 2 Feb. 18 June 7 Mar. 30 June 10 8 20 19 2 13 30 9 7% May 11 117% July 29 Feb. 10 30 31% 30 4% July 5 30 J™ July 25 23 29 July 23 June July 29 July 1 July 2 July 20 July 18 July 19 July Jan. 31 106 % June 21 June 21 8% Feb. 2 3% 25 July 1 5 July 22 29 July 2 5 July 2 % July 18 12% July 27 3% July 15 16 2% 2 W* 5 14 1 July 86 Ju'y 5 24% Mar. 28 Apr. 19 29 19 7 27 25 28 13 8 13 20 July 160 Mar. 6 39% July 19 24 July 30 1 105 5% July 2 2% July 25 5 93% July May 5 25 23 13 36 X3* 84 Mar. July 22 13 146 7 16 9% July 2 % July 7 % July 21 % July 7 3: 5 5% July 99 143 108 11 % Sale 5% 3% Sale Rice Stlx Dry Goods Co.....* Richmond Radiator com....l 6% % 16% Sale Reliance El At Eng Co 6% 17% 35 3 % July 30 15% July 1 July 1 6% July 27 34 '5% "6% Common................* 93 conv pref..............* Raytheon Mfg, com......50c Red Bank Oil Co ........* Relter Foster % Sale Sale 5 6% 1,125 Railway At Light Securities.* 800 Rys At Util Invested A com._l 5,900 Rainbow Luminous Prod A.* Class B common ......* 4,800 Raymond Concrete Pile- 4,750 4,700 % 15% Sale 35 o?* Mar. 87 12 8$ Mar. July Apr. Mar. Feb. Mar. Mar. Mar. Mar. Mar. Jan. Mar. Jan. Mar. Mar. Mar. Mar. Mar. 10 2p Mar. May 1 % 58* Jan. July 30 J% July 30 26 Jan. 13 110 Feb. 1 2% Apr. 22 June 29 Mar. 9 Jan. 8 July 23 26% July 23 50 July 26 Feb. 8 30 July 26 1 29 117% 30% 4% 4% 80 3,450 2,075 23 Mar. Mar. Jan. 18* si* 8 xP June Feb. June 30 19 15 7 27 31 Mar. 20 10 July July 94% July 10% July 5% Mar. Apr. 29 19 Jan. 10% Jan, 24 July 7 July 18 2% Jan. 11 Mar. Mar. 20 23 13 11 14 24 July 35 100 May .* 6% prior lien pref......100 7% prior lien pref......100 tPubllc Util Securities— 750 97 part preferred.. .....* 8,715 Puget Sound P Ac L 96 pf * 95 preferred.. 8,810 * 2,900 Puget Sound Pulp Ac Timb—* 100 Pyle-National Co com 5 7,400 Pyrene Mfg 10 • Jan. __ Jan. 34% 97% 109% 113% May May Apr. 2% July "ll 2% July 7 8% July 23 July 23 July 26 July 6 July 5 93% July 14 160 July 1 July 2 86 July 5 Public Service of Oklahoma 50 Mar. 29 18 20 22 July " 2% July July 94 July 17% July July July July 18% July 5% July July July 30% July 3% July 3% July 7 14% Jan. 14 15% July 27 25 July 21 4% July 20 . 65 6 3 80 6 6% Mar. 30 8% Mar. 28 Mar. 97 18 1% 8,025 Public Serv of Ind pr pref..* 96 preferred.......... 6,330 * 3 5 5 Mar. 30 4 3?* July July 120 w July 2% July 2 July Sale 5% July 26% July 45 July 4 July 4% 82% July Sale 91% July 148 154 July 66 Sale July 76% July 22% 2% 4% 13% Powdrell Ac Alexander com..5 Power Corp of Can com.... I* Sale 93 1 Inc...............* 96 preferred.............* Feb. Apr. 9 Apr. Apr. 6% 3% 3% 20% 3 Pleasant Valley Wine Co Prudential Investors com...* 19 6 10 22 11 Y» June 47 Apr. 2 7% Sale 1% 7% Sale 51% Sale 50 com 66 Sale 3* 3 6 Pitts Metallurgical C0.....IO Pittsburgh Plate Glass com 25 20 First preferred......... 100 4,520 Pratt At Lambert..... ...* 48,500 Premier Gold Mining... 1 48 July July Jan. July July July V 3% July 20 116 Pittsburgh Forgings Co....* Plough, Jan. 1% 4% Yt 74 9 Mar. 29 Mar. 14 June 100 ~23% "28" 5% 6 6% Sale 3% 4 6% Sale 275 Pitts Bessemer & L E RR...50 Pitts Ac Lake Brie RR 43 42 26 4% July 20 35 2% 2% 2 Sale .50 230 50 Apr. Mar. 30 Mar. 29 121 115 42 Public Service of Colorado— 110 Mar. 29 4% July 26 2% May 10 July 20 July 7 25 July 1 % Mar. 30 31 June *88 ir 8 Sale Sale Prices July July July July July July July July July July July 21 97% 108% 113% 30% 5% Sale 150 7,475 97 preferred.. 2,475 Pennsylvania Salt Mfg 7,000 Pa Water Ac Power.. 1 Highest June Penn road Corp com vtc__ ...1 Pa Cent Airlines cOm .1 100 Pa Edison Co $2.80 pref.... 5,500 29.100 16,300 3,400 17,600 2,400 4% July 26 1% July 20 July 20 July 7 July 1 July 8 1% July 19 4% July 6 % July 1 74 July 22 80 July 11 6 July 7 14 July 7 15% July 27 25 July 21 42 26 25 43 % 4% %# 72 . ..... Lowest Sale Prices 3 Mar. 26 May 153,600 15,000 44,700 10,590 2,500 67,100 5,800 8,200 38,100 19,400 27,600 600 3% July 5 6 1% July 9 39% July 22% July 12 22% July 26 43 8 July 29% July 95 Sale 93... July 108 109% 104% July 112 July 104% July 94% July 11 10% 10% July 9 9 8% July 33% 34% 32 July 99% 100% 99% July 1% t 2: 1% July 27% 15"" Sale" 5% lit 3% 6% Sale 18 19% Sale 4% % 5% 3% Sale 30 5 1% Sale Prices . 98 Sale 95 6 28% Sale 25% 26% 103% Sale Sale 32% Sale Sale "3 common..........50c 300 Penn Traffic Co.........2.50 50 Prentice-Hall Inc 300 32 90 108 ,48 Highest Sale Prices New 200 Pines Wlnterfront Co 10 7% 9% Sale 11% Sale 20 23 "24% 24% 43 10 24,300 Pierce Governor Co com....* 1,600 7,100 6 6% preferred..........100 48,100 Oldetyme Distillers.........1 200 Oliver United Filters B * 7,100 2,800 75 24 3! h 750 14,400 9,500 1,400 1,300 7,000 2,300 24~" Sale 48* 40 2,200 Ollstocks Ltd common......5 44,000 Oklahoma Nat Gas com....15 13,600 93 preferred.............50 200 Phila Elec 95 dlv preferred..* 625 Phila El Pow 8% pref......25 33,600 Phillips Packing Co ..* 58,100 Phoenix Securities common. 1 Conv preferred A...... 4,800 10 500 26"" 20% Sale Power 6% preferred. 100 400 Ohio Pub Sere 7% 1st pref 100 70 6% 1st pref......... 100 23,700 Pharis Tire & Rubber Co...l 4,400 Philadelphia Co com .* 2,500 ■•^25 10,500 2,030 700 12,100 1% Sale 2,090 Ohio 100 ~9~306 Lowest Ask Ask Bid 4% 4% 3% 4 1% Sale 1% Sale Bid 7% preferred...........100 Northern .Pipe Line... 10 Nor Statea Power com A-.100 10,800 1,000 175 Ask Sale com.... North Cent Texas Oil 500 Penn Me* Fuel 100 Bid 3% ... 200 21,800 8,900 Par July 30 July I 1938 STOCKS <Continued) RANGE SINCE JAN. Price Jan. 3 32,400 Noma Bloc Corp com ...1 105,000 Nor Amer Lt Ac Pow com 1 10,500 96 preferred * 12,700 North Amer Rayon cl A....* 12,500 Clest B common * > 47 EXCHANGE July 20 July 1 July 17 10% July 28 % Feb. 9 July % Jan. 15 13 20 July May July 8 May 35 July 5 July Yt Jan. 13 July 4 July 1% Jan. 6 July 3% June 34 5 Yt Jan. 29 2 26 16 25 2 17 5 22 7 29 30 14 48 NEW aggregate YORK SALES PRICES IN JULY NEW YORK Jan. 1 July Shares 100 Shares 2,700 1,400 4,900 2,000 1,300 2,800 5,900 8,200 550 2,800 12,200 275 100 225 2,900 400 1,300 7,200 25 100 15,700 2,700 400 12,700 2,200 1,000 400 200 900 900 5,650 330 8,050 13,500 45,900 1,500 19,300 37,100 Royal Typewriter 300 Ask Ask Ask Bid 6H 6 IX 2 12.50 cony pref * Ryan Consol Petroleum Ryerson & Haynes Inc 15 17 854 8 9 154 3 754 * Ltg * 200 St Lawrence Corp Ltd......* 300 A $2 cony pref 50 222,700 2,275 St Real* Paper Co...... 5 7% preferred ...100 13.300 Samson United Corp com 1 5,100 Savoy Oil Co...............5 6,900 Schiff Co com * 21,100 Scovllle Mfg Co 25 250 Scranton Elec 16 pref * 140 Scranton Lace Co common..* Scranron-Spring Brook 1,175 Water Serv $6 pref.. ...-• 11,400 Scullin Steel Co common * 23,000 Warrants 3,300 Securities Corp Gen'l com..* 1,000 Seeman Bros common * ... 131,500 Segal Lock Ac Hardware 22,200 Seiberllng Rubber com com 1 * 2,400 Selby Shoe Co com.. 44,700 Selected Industries........1 5,150 Convertible stock..... 5 6,950 15.50 prior stock........25 3,000 Allotment certificates..... oH 3 8 9 254 Sale 6 c Sale 154 254 Sale 7 Sale 54 % Sale % 4254 5 7 Sale 34 38 3 54 IX Sale 82 £4954 Sale 554 Sale 8 Sale 35 3 % 3654 354 48 7 54 854 3854 354 7 854 3654 .354 154 1 —~ 1 l 7,100 Seton Leather com: ...» 115,225 Severalty Aircraft Corp.....I 87,900 Sbattuck Denn Mining ..5 3,200 Shawlnigan Water At Power.* 47,150 Sherwin-Williams Co com. .25 1,530 5% cum pref A A A.....I00 12 I4 95 July July 16 3 Sale 8 July 154 July 254 July 554 July July 4654 July £4954 July 554 July July July 3 July July 3I* 2 21 13 11 18 19 1 1 954 254 354 854 54 4654 53 854 5 9 6 38 2 1 ' 354 154 July 19 82 6 6 July 25 1854 July 26 1854 354 July 14 454 58 July 30 85* 2 2 July 154 July 26 13 1 July 1 2154 July 110 6 110 July 79 Sale ilH it* 254 354 Sale Sale Sale 58 1254 2354 254 IX 13 25 13 Sale 14 2154 Sale 2354 354 IX 1454 2454 25 35 1354 20 1654 12 19 July July July July July July July July July July July July 200 26 26 7 19 27 21 25 28 13 26 July 7 July 25 July 26 July 7 July 7 July 29 July 1 July 26 July 18 July 6 654 1 754 Sale 36 45 IX Sale 2X Sale 354 154 2 154 Sale 154 8 7 54 1 154 Sale 3154 35 % Sale 454 Sale 7X 8 254 35 % 354 354 Sale Sale 1 154 30X Sale 16 1' 9 8x 154 Sale 954 Sale 954 Sale 51 59 62 70 7454 52 58 6254 70 75 77 7754 3* 4 5* IX 654 1954 454 Sale Sale 20X 83 Sale 54 454 5 554 254 Sale 7 54 Sale 2054 2154 54 354 Sale 96 * 4 8 • 7H 254 Sale 854 854 21 22 109 Sale 11054 Sale July 20 July 8 July 28 July 6 33 July 7 54 July 16 354 July 21 1354 July 7 July 1 July 6 July 12 July 8 2154 754 54 154 154 54 354 554 254 754 2054 96 110 July July July July July July July July July 2154 954 154 154 33 July July July July July 3,300 Pipe Line stamped.... 7.620 Silex Co (The) common 300 25 ♦ Singer Mfg Ltd— 3,600 Am dep rets ord reg shs_. £1 25 Sioux City G Ac E 7% pref. 100 400 11,700 9,300 1,020 3,600 20 654 654 5 1054 12 1454 1254 254 Sale 354 Sale 254 „ 254 Sale 4 54 July 1154 July 900 20 3 1,800 25 25 4,200 3,300 Sonotone Corp 1 154 Sale Soss Mfg Co .........1 South Coast Corp com ..1 554% pref class C 25 5% original pref........25 Southern Colo Pow cl A..25 Southern Pipe Line... 254 Salll* 2654 24: X 2754 245a 2754 2554 24 IX 3X 15 12 8 154 „ Sale 28 26 2554 354 154 254 454 4 * 154 2 135 150 13754 150 4 4 454 454 254 Sale 254 254 25 A 650 So West Pa Pine Lines July July July July 1 2 19 30 8 2754 2554 3754 254 July July July July July 7 5 9 20 5 Mar. 22 Mar. 25 6 June Mar. 30 854 Sale 3554 Sale 1854 25 50 654 754 3654 3754 2254 19 4,000 200 Am 54 dep rets ord reg shs__£l bear 1£ Am dep rets ord Sale "V,3O6 6,900 Sjiencer Shoe Corp _._...._* 4M 5* 346 Stahl-Meyer Inc com.......* 154 2 ""loo 1,900 Standard Brewing Co .._* 7,000 Standard Cap & Seal com—1 5,400 Conv preferred 10 11 1 25 1 18 18 18 20 9 254 July 10 July 654 July 3554 July 21 July 254 July 10 July 7 July 37 July July 21 1 11 13 5 22 1654 1,800 200 900 4,900 250 850 800 7,100 300 25,100 500 I,360 7,500 11,700 3,600 5,500 14,000 254 254 4,200 Standard Oil (Nebraska)...25 27,310 Standard OH (Ohio) com. .25 1,400 5% pref 100 135,100 Standard Power Ac Lt com_.l Class B common 8,200 * I,610 $7 preferred * 44,050 Standard Products Co.... 1 47,200 Standard Silver Lead 1 8,100 Standard Steel Spring Co..5 9,500 Standard Tube class B 1 102,400 Starrett (The) Corp v t C..1 150 Steel Co of Canada ord 4,700 5,300 1,800 9,900 2,875 800 900 1,500 l"o". 800 100 650 Stein (A)Ac Co com 15,900 Sterchi Bros Stores Inc 350 1st preferred............50 500 9,200 4,500 6,200 13,900 1,000 120,550 3,400 3,200 64,000 Stetson 65,100 II,900 8,900 20,300 303,200 49,200 (John B) Co Sullivan Machinery Co... • * Sunray Drug Co common...1 Sunray Oil 1 Taggart Corp com 1 Tampa Electric Co • Tastyeast Inc class A..... 1 Taylor Distilling Co ...1 common * 53. 254 1154 Sale Sale 18 654 7 54 2154 Sale 9154 96 154 Sale 154 154 2054 Sale 954 Sale 54 Sale 954 10 12 13 18 1854 7 6 2254 9754 1 154 X 1 23 54 Sale 954 954 3 354 454 Sale g 124 il i* 12 Sale 31 5 754 554 5 54 354 354 254 Sale3 1054 354 2354- XI 54# July 4 Mar. 24 154 Jan. 3 554 Mar. 30 1854 Apr. 26 66 Apr. 1 107 Jan. 27 54 Jan. 554 Jan. Sale 454 254 754 Sale 154 154 11 13 754 Sale 1154 1654 3 3054 654 Sale 34 854 454 Sale 27 29 554 Sale 154 154 954 Sale •854 Sale 13 454 31 7 1054 654 Sale 354 354 3 354 0 8 3 12 Sale 3254 38 554 7 554 Sale 31 Sale 1 S* ilH If 254 Sale 31 h 35 6 6 754 Sale 2854 2954 % 154 2554 Sale 54 154 1654 Sale 554 Sale 2354 Sale 454 454 6154 66 5654 62 454 July 8 Sale 9 11 454 Sale 1254 Sale 454 Sale 1954 20 Jan. Jan. Jan. Jan. 11 13 27 12 11 Jan. 18 Feb. 26 23 June 24 954 July 1X Jan. 154 July 35 13 5 1 Mar. 24 154 Jan. 10 June 30 4 54 17 Jan. 11 154 June 29 June 29 10 7 4 4 % May 23 1354 July 20 8 __ 554 Jan. 12 15 Jan. 15 Mar. 17 88 Jan. 13 Mar. 17 154 Mar. 26 154 Mar. 26 354 Mar. 28 254 Mar. 30 4 July 154 Jan. 11 4 654 Jan. 354 Jan. 11 28 2554 2354 3454 154 Mar. 30 Mar. 29 30 June 17 Apr. 1 Mar. 31 2854 July 18 26 July 18 39 May 20 July 20 May 12 45* June 30 140 54 Feb. 4 554 Jan. 20 2 Mar. 18 3 July 11 554 Mar. 29 Apr. 1 11 11 39 10 ?!* May 27 54 Feb. 24 54 Jan. 20 3 Mar. 18 154 Jan. 54 July 1654 July July 27 7 5 54. July 27 1754 July 28 2254 July 5 254 July 22 July 5 12 1 254 1454 1454 1854 22 54 1154 July 18 July July July July July 15 27 27 1 17 nX July 27 1 2 Apr. Apr. 2 7 11 5 Mar. 29 Mar. 31 15 July 12 July 354 July 754 July 19 July 11 354 July 2 1 5 254 July 554 154 954 854 July July July July 254 July 34 July 11 July 654 July 554 2854 54 % 2054 July July July July July 5954 July 454 July July 12 654 Mar. 29 1654 Mar. 30 7 7 20 7 July July July 19 30 20 19 354 Apr. 1 27 1 1 26 8 23 554 Mar. 24 154 Jan. 8 754 Mar. 30 19 7 Jan. Mar. 28 14 29 14 5 754 654 354 £3 54 July July 154 July 13 July 11 July 9 3 July July 11 July 754 July 34 654 3154 54 154 2654 18 62 15 100 5 1 21 1 19 . 1 29 14 20 July July July July July July July July July June 10 % May 27 54 JuSne 8 62 69 June 8 June 27 6 1 3 June 18 2 Mar. 24 5 254 Mar. 31 2954 Apr. 13 8 Anr. 18 554 May 17 254 Mar. 29 8 54 Mar. 31 Mar. 30 1454 Mar. 30 May 28 A" Mar. 29 Jan. 1 1054 t4# 12 54 454 554 20 11 17 5 26 8 Feb. 21 July 27 Jan. 14 July 1 754 Jan. 2254 9954 154 154 25 2654 Feb. 7 8 7 29 254 1454 1454 1854 1754 June 23 354 Mar. 30 % Feb. 7 654 Mar. 26 2 Apr. 1 254 Jan. 4 1054 Apr. 16 2 54 Apr. 2 2454 Mar. 31 8 31 54 June 23 54 Jan. 454 Jan. 154 Jan. 54 Jan. 18 90 25 18 11 7 25 2254 Jan. 2254 Mar. 22 13 9 Mar. 22 21 25 754 Jan. Jan. 154 July 154 July July 1054 July 54# July 1254 July 454 July 554 July 69 July 12 July 454 July July 154 July 2054 July 9 July 54 July 10 July 3 July 454 July 10 18 July 98 Apr. July 1254 Mar. 30 654 July 2254 July 654 July 2054 July July 94 96 54 July 4 Jan. 1654 Mar. 23 2 54 June 29 554 Jan. 14 Mar. 31 254 July 7 454 July 19 20 69 954 354 2154 13 154 Feb. 10 54 June 23 July 8 7 July 20 3 54 Apr. 26 1054 Jan. 11 £2254 July 25 115 July 20 11154 Apr. 11 8 22 97 10) 17,000 Texon OH At Land Co. .2 26,250 Thew Shovel Co common...5 page 13 454 254 570 Texas P Ac L 7% pref see 1154 354 1 50 For footnotes 254 3 454 60 2,500 Sale 254 1 Teck Hughes Gold Mines 1 750 Tenn El Pow 7% 1st pref..l00 II,050 2 6 com (S) & Co Inc Technicolor Inc X4, 754 Sale 1 * Stinnes (Hugo) Corp.......5 Stroock Sale 20 5)4% conv preferred.....50 250 Superior Port Cem B com...* 900 Swan-Finch 011 Corp .....15 400 900 2d preferred 21,700 Sterling Aluminum Prod 9,700 Sterling Brewers Inc.. 35,300 Sterling Inc 100 19,700 2,000 Sale * • ..* 1 July 14 17 ... 50 ""loo 254 1 $1.60 conv pref new.....20 4,500 Stand Invest 1554 pref w w._* 53,800 Standard OH (Kentucky)..10 100 , 17 X 2254 800 8,700 . Standard Dredging Corp— Common.. 21 54 July 254 54 1754 2354 11 354 Mar. 23 "4 : 3 Jan. 154 Jan. 154 May 23 54s May 23 354 June 23 135 54 454 154 54 17 2254 Feb. 4 7454 July 29 7354 July 29 212 4 4054 July 38 1654 Mar. 23 154 Mar. 25 254 Mar. 26 26 July July 254 July 28 19 27 21 11 4854 Mar. 31 4954 Mar. 31 454 July 38 22 25 June 54 Mar. 18 15 20 26 954 Jan. % Feb. 4654 July 53 July 854 July 954 Jan. 63 IS* 113* 1554 June July 110 15 5 54 July 1354 July 2854 July June 8 July 5 July 1 Jan. 15 6 July 25 1854 July 26 454 Jan. 13 July 7 Mar. 2 16 19 8 20 9 6 25 20 19 July 154 July 554 July 254 July 2254 954 254 354 92 Apr. Mar. Mar. 154 Mar. 154 May Spanish Ac General Corp Ltd 300 30 9654 Feb. 3 16 July 19 Mar. 11 154 July 54# July July 7 July 254 July 9 54 July £2254 July 115 July 111 July 254 154 454 254 38 148 140 ..10 Southern Union Gas com 354 Sale IX 154 554 554 254 Sale Sale m i* Sou Calif Edison pref B....25 24,500 Southland Royalty Co 5 20,900 South Penn Oil .......25 150 19 2 Sale Prices Julie 13 2 Preferred 20 254 Mar. 30 54 Mar. 22 88 1 7% preferred 100 130 South New Engl Telep Co. 100 2,100 9,300 Mar. 28 Mar. 18 31 2954 June 21 54 May 26 1 254 July 254 July 1 3 4 July July 240 July 29 254 July 454 July 5X Solar Mfg Co........ 250 1,900 • 5 35 30 Pub 50 Corp conv pref * 25,400 Simmons H'ware & Paint Co * IX IX 13,200 Simplicity Pattern Co.... 1 5 6 1,610 Singer Mfg Co... 100 224 Sale 14,700 60,900 11,300 8,900 Mar. Mar. June July Apr. Mar. 1 1 July 454 July 1654 July 154 July 10 July 7454 July 7354 July 4 154 354 54 4654 3054 454 1654 Jan. 21 354 Mar. 30 54 Mar. 29 25 Smith (Howard) Paper Mills.* 6,800 9,000 3,300 1 6 Mar. 29 Jan. 7 1 . 100 1 Highest Eldorado Simmons-Boardman 4,600 2,100 1154 Apr. 4 25 2X IX Selfridge Prov Stores, Ltd— American dep rets £1 Sentry Safety Control 300 Serrlck Corp class B com July 1454 July Lowest Sale Prices 90 Apr. 6 2254 June 3 com. 1 3,500 Safety Car Heating 1,700 7,400 1454 1354 40 Russeks Fifth Are Inc...2.50 Highest Sale Prices 95 16 * com... Lowest Sale Prices July 30 July 1 Bid 10 X Rustiest Iron & Steel Corp..l Shreveport 1,000 * 25 Royalite OH Co Ltd 200 1,400 14,800 17,900 Bid ..... 20 3,300 3,900 1,200 Roeser & Pendleton Inc 5,700 Roosevelt Pteld Ino .....6 27,400 Root Petroleum Co com 1 6,100 11.20 conv preferred____.20 5,200 Roasla Internet Corp 200 38,200 Par Rolls-Royce Ltd— 300 Am dep rets ord reg £1 12,900 Rome Cable Corp common..5 25 850 STOCKS {Continued) 950 Rochester G & E 6% pref.100 400 ' Jan. 3 1938 RANGE SINCE JAN. Price CURB EXCHANGE Since In CURB EXCHANGE June Jan. Jan. Jan. July July Jan. July July Apr. July 26 30 5 14 3 20 7 3 19 25 8 11 1254 Jan. 26 454 Jan. 20 29 754 754 454 3 54 9 2 Jan. 21 July Jan. Jan. Jan. 25 10 19 8 July 26 Feb. 17 July 23 19 1354 Feb. 3 54 Jan. 3654 Feb. 1 18 1 13 11 July Jan. 15 754 July 20 July 19 11 654 3154 54 154 2654 554 7054 9254 June 14 102 5 354 Mar. 29 654 Mar. 29 21 June 27 Jan. 10 Jan. 11 July 29 Jan. 5 June 20 Jan. 24 July July 7 29 NEW AUG., 1938] NEW YORK CURB EXCHANGE Since STOCKS (Concluded.) 600 64,400 9,700 20,000 6,500 Sale 10 * 50 2 54 57 57 54 3 54 165* 175* 155* 15* 595* 18 254 Sale 25* 25* 445* Sale 2 JS « \H * 80-cent dh 75* Sale ...... I 25 2 5* pref..........* 654 Tjnfi Sol Lamp Wks com... 3,200 Ulen & Co series A pref.....* 400 Series B pref .......* 9,700 Unexcelled Mfg Co Inc.....10 13,300 Union Gas of Canada 254 55* Sale 35* 8 15* Sale 35* Sale 35* 454 215* Sale 175* 20 68 71 * $6 1st pref 354 25* 154 135* July 254 July 135* 354 2 1 1 354 July 25 3 July 25 135* July 45* July 125* July 1454 July 45* July 1454 July 8 15 5 954 July 1 354 July 15 Sale" >54 July 54 July 4 July 92 July 1 United Milk Products com..* _....* 6 5* July 1 > o ,5* Sale •* % 5* 4 J* 9954 r15* 1 8 22 24 2 54 July 29 254 July 13 2454 July 14 2054 July 13 *69 78 70 Sale "254 Sale7 35* Sale 245* Sale 25* 25* 2454 Sale 24 70 Sale 65* Am deo rets for ord reg 654 654 554 554 100 "t~5* "T" 8 ......10 Preferred 185,400 United Shipyards class A 1 118,500 Class B 1 26,275 United Shoo Mach com....25 Preferred 25 2,920 10,800 United Specialties common. 1 5«f,700 11 25* 1 71 Sale 154 Sale July 354 35* 2854 23 35* 1 70 10,700 United Stores Corp com ytc * 83,200 United Verde Extenolon..50c 2 88,400 United Wall Paper 400 Universal Consol Oil Co 29,100 Universal Corp vtc Sale % 75* '4 77 10 1 200 Universal Insurance.. .....8 3,400 Universal Pictures com 1,500 Universal Products Co..... 1 21,500 Utah Idaho Sugar Co. 4,850 Utah Pr & Lt $7 pref...... 5 354 454 554 7 1 154 o 154 ' 255* 35* Sale 254 25* 854 15* Sale 9 35* 13 45* 54 % 154 Sale 254 Sale 1554 1654 254 3 85* 12 454 Sale 154 28 1 3i* 45* Sale 354 35* 54 , 54 154 15* 254 165* 1954 25* Sale 85* 14 454 6 2 54 Sale 13 "15* "lH 54 15* Sale 3654 39 "ili "15* 41 1 5 34,200 ValsparCorp common $4 conv pref 2,750 A* 425* Sale 5* Sale 154 154 5* Sale 154 2 17 18 25* Sale 26 Sale Waco Aircraft Co......._._* 8,000 II,000 Wagner Baking com vtc—* 50 7% preferred .......100 300 Wahl (The) Co common....* 1,800 Waltt A Bond Inc class A..* Class B * 2,000 J 17,300 Walker Mining i 3,900 4,500 14,300 26,100 25,700 Sale Western Air Express Corp__l 100 Western Grocery com.....20 25* 7054 July July 354 July 5* 154 25* 1654 25* 65* 25* Sale 10 11 Sale Sale Sale 854 254 Sale 7 July July July July July 28 29 Sale 12 1 14 13 54 15* 25* 1654 3 July 2 7 23 8 1054 25 15* Mar. 25 2 Mar. 30 30 20 5 13 July 5 July 27 July 20 July 14 July 5 1 354 July 21 4554 July 21 54 July 5 2 July 13 7 7 21 25 37 23 19 45* 15* 95* 15* 8 July 4 July 1 July 67 July 75* July 354 854 2 54 July 654 July 6 1 2 8 6 8 354 July 25 36 July 25 23 July 45* July 20 15* July 19 70 July 14 105* July 25 3 5* July 9 July 13 13 154 754 6 Mi July 1 July 145* July 5* 1 154 Sale 654 754 5 554 454 Sale 254 3 254 Sale 7 1154 654 July 1 July 154 July 654 July 5 * July 4 July 254 July 254 July 5* 15* 65* 15* 154 8 5 554 4 454 25* Sale 354 Sale 7 14 6 1 7 13 25 13 1 14 654 Jan. 145* July 254 Mar 20 21 145* July 25 654 July 14 1 July 6 15* July 25 754 July 28 6 July 19 45* July 7 25* July 6 35* July 8 7% 1st preferred... 100 Western Tablet Ac Stationery 950 Common.... ........* 450 Westmoreland Coal Co.....* West Texas Utilities Co— 240 $6 preferred.............* 14,500 W Va Coal Ac Coke com.....* 2,500 Weyenberg Shoe Mfg Co 3,100 10,000 6,300 7,900 8,600 1,900 Williams (RQ A Co 1954 154 154 7 55* Williams Oil-O-Matic Htg...* 354 654 45* 1654 July 19 47 July 26 17 154 2 75* 654 Sale 454 45* Convertible preferred....* ....* 754 Wilson Jones Co com Wlllson Products Inc Yukon Pacific Mining 53. 85* 6 1054 6854 Sale 354 354 7 1 Co...5 7 654 175* Sale 15* Sale 6 7 Sale 155* 75* 15* 1654 8 154 12 6 Jan. 18 Jan. ?S 13 Jan. 11 12 Jan. 2854 July 25 235* June 30 70 May 31 5* Feb. 21 15* Jan. 20 154 Mar. 29 7 Jan. 31 154 June 11 7 May 21 Mar. 29 9 May 31 1 Mar. 26 31 Mar. 26 3 15* June 28 29 l»/6 Apr. 315* June 20 * 5* June * 7 15* Mar. 30 54 Mar. 28 5* Mar. 7 Mar. 25 15* Mar. 30 28 12 Jan. Jan. Jan! 10 July July 22 Feb. 14 1 July 22 May 31 Jan. 13i 19 85* July 15* Jan. 11 July 7 15* Jan. 2954 July 45* July 23 62 10 30 13 3k SS: 5 11 13 Jan. Mar. Feb. July July Jan. 854 June 29 23 20 14 8 Jan. 11 1654 Feb. 15* Jan. 18 10 20 5*« 1 5* 25* 1654 35* 44 July 12 23 June 28 2 35* 4554 5* 25* July July Jan. Jan. 5& Jan. 21 21 3 17 Jan. 3 14 1754 Jan. 8 2 35* July 25 2054 June 16 36 July 25 Mar. 31 23 July 22 45* 15* 7754 105* July 20 July 19 Jan. 18 July 25 11 254 Mar. 29 5* Mar. 26 59 Apr. 5 *■ 45* June 2 15* Mar. 29 5 5* Mar. 29 83 Jan. 28 15* Mar. 8 6 Apr. 7 5* Apr. 2 % June 7 6 Mar. 30 45* Apr. 1 354 June 14 15* Mar. 30 2 ' May 26 8 Jan. 7 35* Jan. 1154 Jan. 6 10 Jan. 28 83 15* Mar. 7 Jan. 1 July 15* 754 65* 65* 3 5s 45* July Apr. Jan. Jan. June Jan. 8 4 6 25 14 12 17 28 13 8 -Jan. 7 305* Mar. 31 75 Jan. 12 2ltS Mar 14 25 Mar. 29 23 14 30 25 Mar. 25 6 105* July 25 July 10 "35* "~35* 4 Jan. Jan. AH 8154 July 2 July 65* July 6 54 July 554 July 8 Sale Sale 155* 165* 754 Sale 2 10 Jan. «8 100 25 9 6 July 13 654 July 30 4 July 5 8154 July 154 July tWU-Low Cafeterias com...l For footnotes see page 15 5 1 * 90 Wisconsin P Ac L 7% pref. 100 5,700 Wolverine Port Cement....10 2 29,700 Wolverine Tube Go com 10,500 Woodley Petroleum Corp._.l Wool worth (F W) Ltd— Am dep rets ord shs ....5s 3,300 336,300 Wright-Hargreaves Ltd.....* 37,400 22 2 22 1654 May 4 9 Feb. 10 11 40 16 1 Feb. % July 34 Apr. 7 11 45* July Mar. Western Maryland Ry— 130 July 15 ' 2 2154 354 154 1 19 12 3 35* June 20 54 Mar. 30 42 Mar. 29 1 Mar. 30 22 Feb. 11 2 Mar. 30 15* Mar. 30 5* Jan. 19 3 Feb. 14 July 32 85* 11 §54 2*8 254 July 254 July 275* July 25* 254 754 20 Jan. 35* July 754 Jan. 654 55* June 21 ' July 8 230 1 5* June 16 854 July 1 >$54 25* Jan. 4 5* May 6 505* Mar. 30 39 Jan. 4 65* 25* June 3 19 5 1 July 1154 July 6,, 3* A% 3 Sale 115* July 35 12 55* July 20 15 July 19 15* July 44 July 20 Sale 1J sat* 7 754 Mar. 16 27 154 Mar. 454 July 1 13 July 1 154 July 27 39 July 2 *42 25* 11 June 24 1 15* Apr. 1354 Mar. 1754 Jan. 65 Apr. 15* July 2954 July 4 54 July 354 July 5* July 5* July 15* July 5* July 25* 254 275* Sale 20 i 7 % Mar. July July July July July 85* July 15* July 62 July 554 July 5* July 54 July 154 July 255* July 35* Juiy 254 July 5* July 35* July - 1 65* 354 Sale 4 Wayne Knitting Mills 5 Welsbaum Bros-Brower Co..l Wellington OH Co common.. 1 Wentworth Mfg Co... .1.25 * 19 13,700 Van Norman Mach Tool com 5 12,400 Venezuela Mexico Oil......10 1 73,600 Venezuelan Petroleum. 410 Virginia Pub Serv 7% pref 100 5,400 Vogt Mfg Corp * 254 *42 21 75* Jan: 29 Mar. 5* Mar. 5* Mar. 25* Mar. 69 Mar. 500 Utah Radio Products com_.l 8,200 Utility Equities com * 4,100 Priority Stock ...* 5,400 Utility Ac Ind Corp com 5 Conv preferred 14,100 .......7 56,900 10til Pow Ac Light com......l Class B common..........1 1,600 7.800 7% preferred 100 20 Jan. 31 35* July 2 July July July July 20 July 9 July 54 July 854 July 954 July 15* July 8154 July 42 54 July 5 July 40 45* Sale 4 5 Sale Sale 25 1*1H 25* Sale 15* Sale Sale 54 1254 Sale 554 • US Foil class B__ % Sale 854 Sale 854 Sale 54 Sale 354 II,100 USA Internet sec com....* 1st preferred with warr...* 9,100 12,100 U S Linos Inc pref * 10 3,950 U S Playing Card com 1 26,500 U S Radiator com 13,700 U S Rubber Reclaiming....* 4,900 U S Stores Corp com 17 Cony 1st pref......... 1,160 Jan, Jan. 20 454 Mar. 30 220 July 5* July 854 July 854 July 54 July 212 71 7 13 9554 Jan. 19 July 25 11 106 Jan. 25 6 140 United N J RR at Canal..100 5,400 Unit Profit Sharing com..25c 28 115* Mar. 30 3 54 Mar. 30 10 Jan. 3 254 Mar. 21 United Molasses Go Ltd— 2,100 13 Jan. July 15* Mar. 26 Mar. 16 62 21 1654 Jan. aVA 63 30 Sale 9154 9254 r96 54 Sale % Sale 3 14 29 2 45* July 4 17 22 26 24 __ 18 20 15 20 1454 July 454 1154 Sale 454 Feb. 5 55* Mar. 26 June 8 2 Mar. 31 45* Apr. 20 34 1 7 20 1154 July 615* July 5 July *5* 3 5* 354 35* 15* 145* 1354 1 1154 July 20 July 25 3 5* July 19 754 July 29 12 ' * S3 preferred....... 954 July July 254 Juiy 6 July 27 33 3 5* 75* <; 7 % Sale 54 Sale 4 54 Sale ... 400 155* Feb. 15* Feb. July 7 44 Mar. 575* July 29 63 9354 July 25 955* July 21 *8554 Apr. 104 July 25 July 9 106 9854 Mar. % Jan. % July 54 July 5* Mar. 2 25* July 2 Mar. July 7 54 July 55* July 45* June 154 July 54 July 54 J jne 7 July 7 July 7 July Sale 3 ' 230 United G A E 7% pref... 100 193,500 United Lt Ac Power com A...* I,275 11 3254 45* Sale 3354 45 Common.................* 200 S3 cum partlc pref * 199,700 Un Cigar-Whelan Stores. 10c 27,000 United Corp warrants 519,600 United Gas common .......1 19,695 $7 1st non-rot pref.......* Warrants 53,600 195,400 8 854 95* Sale 105* Sale ........ 4,400 Sale Sale Sale Sale 35* Sale 2 5* Sale 154 154 125* 1354 454 5 13 Sale 15* 354 United Atrrafe & Trsnsp— Common class B 5 July 22 July 26 — - 2 54 595* 5* 25* 654 10 Sale 2754 Sale 25* Sale 6 Sale Sale 10 United Chemicals Inc— 13,100 1754 "615* Highest Sale Prices Sale Prices 75* Mar. J 3 Apr. L_ 50 Mar. 18 254 Mar. 31 1154 July 20 18 585* July' "6 3>4 July Sale Sale 754 rr4 1,600 Union Investment Co com..* 29,500 Union Premier Food Stores. 1 50 Union Traction Co........50 Warrantsc 5 25* Sale 1 154 1 ..... 203,800 454 1554 154 565* """% Sale Sale Sale % Sale 75* 954 25* 654 1 .........1 Class A.... 11 62 Sale Prices t ' Tubize Chatlllon Corp— Common.. 10 5* July 105* 354 60 11 4 54 69 54 Sale Sale Prices Ask Lowest Highest Lowest July 30 Ask Bid Bid 25* , ,( Ask 8 19,100 Tilo Roofing Inc ..1 300 TUbman Realty 8c Conatr..* 825 TobaccoAc Allied Stocks....* 60,700 Tobacco Prod Export* • Tobacco Secur Trust Co Ltd v 1,000 Am dep rets ord reg she..£l Am dep rets def reg I,200 5s 5,975 Todd Shipyards Corp...... .* 220 Toledo Edison 4% pref..l00 300 7% preferred A........190 3,710 Tonopah Belmont Devel..lOc 20,200 Tonopah Mining of Nev 1 36,000 Trans-Lux Plct Screen com.l 67,400 Transwestern OH Co 10 .V 29,100 Trl-Contlnental Corp Warr.. f July 1 1938 Bid Trunz Pork Stores Inc.. 1 Price Jan. 3 Jan. 1 Shares ■ RANGE SINCE JAN. PRICES IN JULY SALES AGGREGATE 49 YORK CURB EXCHANGE 70 35* 75* 75* July 2 July 19 July 19 July 23 6 1 16 8 July July 22 7 2 July 1 6854 July 3 July 65* July 654 July 1 13 1 5 July 754 July 15* July 16 " Apr. 22 Mar. 28 Mar. 25 Apr. 9 v4 Apr. 8 654 June 16 6 May 31 585* Apr. 20 2 f Mar. 29 35* Mar. 31 554 May 25 145* Mar 65* Mar 15* Mar. 30 Mar. 2 25 8151 251 75* 654 55* 5* July 1 Jan. 14 105* July 25 Jan. 18 Jan. July 30 - 10 July 25 4 Jan. 954 Feb. 70 ' Jitiy 12 35* Jan. 75* July 75* July 23 Jan. 28 "s 19 Feb. 3 25* Jan. 11 .* 50 NEW YORK EXCHANGE CURB SALES AQQREQATB In July PRICES IN JULY M NEW YORE CURB EXCHANGE Since RANGE SINCE JAN. 1 Price Jan. 1 Jan. 3 1938 Bid July 1 Ask Lowest Highest Lowest Highest Sale Prices Sale °rice$ Sale Prices Sale Prices July 30 Ask Ask Bid Bid BONDS 41,000 Abbott's Dairy 6s 1942 1,488,000 Alabama Power 4 34* 1967 278,000 lit 8c ft 5i 1956 5s 603,000 1968 548,000 lit 5s... ..........1946 5a registered 5,000 ...1946 lit Ac ret 5i 465,000 .........1951 58 Registered.........1951 7,000 283,000 Aluminium Ltd 5i 1948 1,761,000 Amer Gas Ac Klec deb 5s .2028 5,000 300,000 31,000 .97,000 91,000 34", 666 67,065 164,000 . 256,000 84,000 35,000 2,071,000 17,000 170,000 374,000 360,000 296,000 1,238,000 1,974,000 1,641,000 74,000 1,000 1,544,000 ' 13,000 676,000 24,000 1,635,000 114,000 1,207,000 1,000 435,000 158,000 1,187,000 22,000 13,000 » 224",006 2,000 108,000 3,000 204,000 7,000 191,000 69", 066 ' 25,000 62,000 / 16,000 ■ • 295.000 61,000 245,000 57,000 6,000 50,000 413.000 337,000 439,000 255,000 12.000 17,000 199", 660 - 2,000 80,000 376,000 69,000 445,000 161,000 7734 Sale 10534 10634 79 110 Sale 11134 9934 100 Associated Elec 4^8.....1953 Assoc Gas 8c Elec 414s 1948 36 Sale Sale 27 29 1968 AS 5s registered... 5 m lnv 514* lnr ctfs reg 10634 Sale 10834 Sale 8234 Sale 106 Sale 8634 115 88 116 10134 Sale Sale 97 4234 Sale Sale 32 89 July 25 July 29 107 July 10534 10634 106 10834 July 13 10934 July 10834 Sale 15 26 9134 93 8834 8934 Sale 98 105 96 9134 July 100 1 93 8234 July July 105 8734 July 1 90 30 107 7 97 11534 July 19 116 11534 116 103 Sale 10134 July 5 103 97 July 1 9834 9734 9834 46 4234 July 1 4334 Sale 31 30 i 33 July 26 34 3034 31 9334 Sale 93 9434 ...1938 28 Sale 2934 1977 34 31 37 Sale 37 1950 58 registered Assoc Tel 8c Tel 514s A July July July July 22 July July July July July 7 22 18 2 11 20 9 1955 Atlanta Gas Light 414s..1955 w 40 3134 Sale 2934 Sale 38 40 3134 Sale 3034 July 3134 July 9234 July 95 July 2934 July 29 39 July 27 3134 July 72 92J4 Sale 95 75 7634 7534 July 7934 Sale 98 ? : 9934 100 10034 9934 July 10034 July 10032 10034 Sale 89 9134 8834 90 V 100 w—1947 9$ Jan. Feb. 10534 June 106 Apr. 5834 Mar. 31 104 34 Mar. 79 Jan. 86 3 5 21 Mar. July 6 26 11 62 Mar. Jan. July 3234 July 41 July 35 July 9 95 22 5 7 80 26 18 100 15 101 July 2 July,, 9 July 20 20 22 July 7 July 22 9834 July 18 46 July 2 34 July 11 2634 Jan. 19 3334 July 5 33 July 6 96 July 11 95 July 9 3254 July 22 Mar. July 33 34 July July July 103 2034 Mar. 2634 Jan. 96 97 116 Jan. 30 90 31 10734 May 26 10734 Feb. 9634 Apr. 33 1950 Atlantic City Elec 314 s.. 1964 Avery (B F) Sons 5s Sale 8334 July 9134 Mar. 78 Apr. 3034 Sale .......1949 25 13 May 13 34 July 12 101 May 12 9134 Mar. 16 9634 May 24 80 Feb. 25 10734 Apr. 22 10934 July 26 Jan. 12 62"" "64" 53*8 103 34 Feb. Jan. 65 22 2934 Sale Cons deb 5s 4M>s series G 102 7634 Apr. 7034 Apr. 1968 ....1938 ctfs 67 Sale 74 11234 Sale 112 120 11934 Sale 134 Sale 12934 130 79 81 h 105,000 122 130 84 > 5634 5731 69 82 85 7934 87 84 Sale Sale 83 71 83 80 74 July July 11934 July 122 July 130 July 84 July 66 July 80 July 64 34 Jan. 2034 Mar. 23 Apr. 2134 Mar. 2634 Apr. 62 Apr. 9234 Feb. 9634 Apr. 90 Feb. 41 35 July July 5 7 2634 Apr. 13 8034 Jan. 13 100 July 9 101 July 20 95 : Mar. 9 8934 July July July 12234 July 135 July 8734 July 7234 July 82 July 10434 July 104 July 9734 July 115 July 99 July 105 July 10334 July 99 July 99 July 8334 July 94 34 July 37 34 July 3734 July 5734 July 8 10734 July 29 10634 July 95 97 78 Sale Central Pow Ac Lt 5s.....1956 9234 Sale 34 34 Sale 3434 Sale 5234 Sale 10634 Sale 10534 107 10634 10634 10634 July 104 July 10534 105 At Pow 5s. 1953 Cent 111 Pub Serv 414* F.1967 11434 Sale 10134 100 34 9534 5s Series G_..........1V68 414* series H—.—....1*81 Cent Ohio Lt Ac Pr 5sA—1950 Cent States Elec 5s..___.1948 53*s 6s series B •.'' » ' \ 1955 ... ' J }-: '' 1 • Sale 96 .........1956 5s series E Sale 93 Cedar Rap Mfg Sale Sale 10534 10634 10534 108 9234 8934 10634 10634 47 4434 9134 10534 Sale Sale Sale 93 Sale 44 Sale 85 90 75 8934 90 65 Sale 82 6634 64J4 71 Sale 9334 97 92 July 8934 July 25 Jan. Feb. Mar. 18 113 18 25 14 121 112 Central Power 5s ser D..1957 10434 10334 1956 Carolina Pr Ac Lt 5s 268,000 Cities Service 5s... Conv deb 5s 8,257,000 58 registered 2,000 5s 1,289,000 2,000 629,000 Sale 113 11334 121 Sale Sale 12234 12 1 34 1 23 34 134 13534 136 Sale 8634 8734 Sale 10434 10434 10434 July 10234 July 10334 Sale 97 9634 9234 July 11434 11434 11434 July 9834 Sale 9534 July Sale 105 10134 July 103 34 Sale 10034 July 9834 Sale 9534 July 98 H Sale 9834 July 8334 Sale 7734 July 9434 Sale 9234 July 34J4 July 3534 Sale Sale 35 3434 July 5434 Sale 5234 July Chicago 111 Midland Ry— 105,000 414s series A.... 1956 Chicago Junction Rys At 279,000 Union Stock Yards 5s..1940 716,000 {♦Chic Rys 5s ctfs of dep.'27 74,000 Cincinnati Street Ry 514*1952 . 26 13 25 434* registered........1948 J 1,735,000 Sale 92 1954 Cent States Pr Ac Lt 514S.1953 Chicago Dlst El Generating 273,000 4His series A..........1970 6s series B......—.. .1961 80,000 10,000 Sale July 8334 July 9234 July 9034 July Baldwin Locomotive Works 1,357,000 201,000 1,427,000 399,000 866,000 157,000 150,000 214,000 2,256,000 1,478,000 2,335,000 1,209,000 30,000 100,000 " 6,000 9134 103 80 107 564,000 Canada Nor Power 5s....1953 888,000 Canadian Pacific Ry 6s..1942 28,000 29,000 . 94 10634 10634 Arkansas Pr Ac Lt 5s.....1956 563,000 Birmingham Elec 414s... 1968 198,000 Birmingham Gas 5s ..1959 89,000 Broad River Power 5s A..1954 3,000 46,000 74,000 244,000 17,000 2024 92 101 Ark Louisiana Gas 4s....1951 2,173,000 ♦Convertible 6s.....—1950 765,000 Bell Tel of Canada 5s....l955 • 506,000 1st M 5s ser B June 1 1957 5s series G 1960 } 258,000 i 123,000 Bethlehem Steel 6s ....1998 123,000 30,000 V Appalachian Power 6s 99 10434 10234 July 10234 10434 103 80 July 81 Sale 8234 Sale 91 9134 July 9234 9134 Sale 86 8934 8734 July 8734 8834 9934 9934 9834 July 9834 Sale - t. 435,000 97,000 93,000 28,000 American Power 8c Light 6s 2016 441,000 Amer Radiator deb 4Hs..1947 117,000 American Seating 6s stpd 1946 9834 102 Sale 9134 Sale 8634 Sale 80 34 29 Apr. Apr. 7 Jan. 12234 June 21 26 June 140 92 22 1 5 10134 Mar. 10034 Mar. 27 12 11334 Mar. 22 July Mar. 26 Jan. 11 Jan. 18 8734 July Apr. 26 73 87 10434 Mar. 1 10834 Jan. 18 98 Mar. 26 15 92 85 88 2334 Mar. 19 3234 Mar. 5 23 July 18 10534 10534 10534 July 1 10534 July 41 July 15 4634 July 4634 Sale 75 75 July 16 7634 71 July 75 79 74 July 22 76 July 12 28 99 July 99 July 8334 July July Apr. 6634 Jan. 7934 Mat. 10534 Jan. July 105 13 Jan. 26 15 25 18 30 19 14 Jan. 12 5734 July Mar. 24 July 10334 July Mar. 19 20 5 105 Apr. 25 16 30 Jan. 11534 May 20 99 July 27 8534 Apr. 9434 Mar. 27 2 Mar. 25 19 41 5 10734 May 18 29 10734 Jan. 24 Jan. 11 10134 Apr. 14 10634 Jan. 41 5234 Jan. July 15 5 15 84 Apr. 1 71 14 74 20 1 4734 Mar. 4334 Mar. July July 16 22 95 Jan. 7 9134 Feb. 7 87 , 1966 Sale 1950 Sale 68 7034 6434 Sale . 68 July 6434 July 9 15 70 July 6734 July 2 1950 1958 5s registered— 5s 65 Sale 6334 63 34 Sale Sale 64 6534 1958 6334 July 27 67 July 5 July 23 65 July 23 1 July 6734 July 2 1 10234 July 11 July 1 103 July July 21 1 65 July July 2 1 65 July July 25 65 1969 1,389,000 Cities Service Gas 5 >4*--1942 469,000 Cities Serv Gas Pipe L 6«.1943 2,681,000 Cities Service P At L 534s_1952 1,153,000 514s gold deb —.1949 70 July 6734 July 5934 Apr. 67 July 65 July 6734 July 10234 July 103 July 65 July 65 July 5734 Mar, 9434 Sale 10134 5234 Sale 5234 Sale 100 9934 Sale 101 6134 Sale 61 Sale 6534 63 34 99 10134 Sale 101 10234 103 63 Sale 6134 60 34 6234 Sale 42 34 65 Mar. July 43 Mar. 8634 Apr. 9134 Mar. 20 2 28 5 23 2 11 21 2 40 Mar. 40 Mar. 70 Jan. 8 10034 July 25 100 Apr. 4 Jan. 5 25 ♦Commers und Prlvat 5,000 176,000 1,000 159,000 100,000 3,000 12,000 13,000 762,000 897,000 519,000 12,000 115,000 66,000 53,000 769,000 58,000 549,000 36,000 1,000 441,000 Bank 514s 1937 Com'w'lth Subsld 514* A.1948 Community Pow At Lt 5s.1957 Community Pub Serv 5s A1960 Conn Ltg Ac Pow 7s A__..1951 Consol Gas of Bait 5s 414 1939 1954 * 70 10034 10334 105 5934 Sale 9434 9534 10034 102"32Sale 74 34 Sale 9934 Sale 74 10634 108 12034 125 9934 130 12734 10434 106 10334 122 34 123 34 12334 10334 Sale 10834 127 128 129 10034 July 7534 10134 12934 10434 12534 25 10034 July 102273zJuly 73 July 9934 July 129 July 10434 July 12234 July 1022732July 7534 July 10034 July 129 July 10434 July 12334 July 25 104 Mar. 30 7534 June 23 9434 Jan. 4 10034 July 15 125 34 Apr. July 20 4 129 104 34 June 29 10634 Jan . 4 May 9 12034 Feb. 7 124 52 Consol G E L At P Bait— 314s series N ...1971 Sale 10734 10834 108 July 5 10834 July 14 10334 Jan. 3 10834 June 21 Consol Gas Utilities— 3,441,000 6s A stamped 1943 Continental G At El 5s ...1958 203,000 Crucible Steel 5s ...1940 62 Sale 78 Sale 10134 10234 97 10134 145,000 117.000 Cuban Telephone 714s..1941 .1944 156,000 Cuban Tobacco 5s 726,000 Cudahy Packing Go 314»-1955 123,000 36,000 142,000 117,000 52,000 15,000 23,000 12,000 647,000 Delaware Elec Pow 514s..1959 168,000 Denver Gas Ac Elec 5s_.—1949 758,000 Detroit Glty Gas 5s B 1950 6s series A. ...1947 1,082,000 268,000 ♦Detroit Int Bdge 614s..1952 ♦Gtfs of deposit..... 137,000 161,000 ♦25-yr s f deb 7s 1952 ♦Gtfs of deposit 126,000 10034 Sale 10834 10034 10134 381,000 2,541,000 621.000 3,118,000 168,000 106,000 406,000 2,387,000 6734 Sale 10734 10734 29,000 26,000 768,000 88,000 12,000 54,000 2.402,000 ; 9,000 10,000 114,000 23,000 '143,000 69,000 88,666 285,000 Eastern Gas At Fuel 4s A. 1956 Edison Elec Ilium 334s...1965 Elec Pow Ac Lt 5s... ..2030 Blmlra Wat Lt At RR 5s—1956 El Paso Elec 5s A 1950 Empire Dlst Elec 5s 1952 Empire Oil At Refining 514s' 42 Brcole Marelli Else Mfg 73,000 614s 340,000 Erie Lighting5s... 1953 1967 480,000 Federal Water Serv 5His. 1954 190,000 533,000 435,000 19,000 454,000 1,953,000 Finland Residential Mtge 6s stamped............1961 Firestone Cotton Mills 5s. 1948 Firestone T At R Gel 5s._1942 First Bohemian Glass 7s. 1957 50 103 54 104 434 5 4 5 134 34 134 134 68 104 101 84 Sale Sale Sale 87 7134 7334 55 65 10334 Sale 6734 Sale 10234 10434 10534 10534 10634 94 100 Florida Power Go 4s G...1966 62 61 61 July 6434 Sale 7934 Sale 8134 Sale 7934 July 10134 Sale 10134 Sale 10134 July 97 95" 9534 9734 9634 July 58 6134 6634 70 5834 July 9334 Sale 9734 98 9334 July 6434 8334 1023s 9634 7234 9734 Sale 10234 Sale 102 10934 10834 10834 10834 Sale 101 10434 Sale 106 Sale 10534 Sale 10534 6 4 334 334 534 SH 4 434 534 1 134 1 134 1 34 134 July July July July July July July July 104 July 10934 July 10434 July 10634 July 43-i July 5 July 134 July 134 July 7334 Sale 7734 Sale 7334 Sale 109 10934 10934 77 78 7234 Sale 7234 104 10434 Sale 10534 Sale 102 34 103 34 104 105 103 93 9434 95 9734 93 34 Sale 9134 Sale 101 9134 July July July July July July July 7934 July 10934 July 7934 July 106 July 104 July 98 July 101 July 10234 109 101 1 109 34 5234 54 53 55 54 July 29 55 July 10734 10634 July 1 10634 July Sale 106 Sale 77 Sale 74 10234 10334 103 101 10434 Sale Sale 75 105 55 Sale 102 65 "8534 Sale" 8934 9034 9034 Sale 5s ext stamped ........1944 375,000 1,237,000 Gatlneau Power 5s 1956 5s registered..........1956 2,000 6s 213,000 1941 6s series B 201,000 1941 83 8434 10334 Sale 87 Sale 10334 July 5 7834 July 9734 Mar. 31 104 July 8834 July 29 12 Jan. 12 July 21 Jan. Jan. 18 7 July 27 July 28 July May Mar. 10 10434 July Mar. 31 10634 July 93 8 7 25 23 34 June 28 334 June 15 534 July 21 5 Feb. 21 Feb. 25 34 Jan. 14 134 May 4 134 Apr. 29 3 1 65 106 June 17 Apr. 8134 May 11 9 10934 May 7 7934 July 21 July 13 8 106 53 Mar. 31 97 Apr. 98 Mar. 31 104 8334 Mar. 30 98 7134 Apr. 1 101 7 5 26 43 Apr. 102J4 Apr. 58 Feb. 29 18 22 29 7834 July 26 76 74 8734 July 9134 July July July July Feb. 1 56 7 10634 July May 18 105 July 21 10534 July 27 10534 June 13 95 Apr. 1 8734 Mar. 31 9134 10134 10134 10134 7834 80 86 June 22 110 91 July 21 10334 July 103 10134 July 21 10434 July 10234 10134 July 27 105 July 9034 9134 9134 Sale Apr. 108 103 10634 1954 Florida Power At Lt 5s 2 6534 6334 Mar. 31 8334 10034 May 11 103 8734 Apr. 18 100 47 Mar. 30 7234 9034 Mar. 30 9734 54 July July July July July July Feb. 21 4 10 21 July 7 July 27 Jan. Jan. Jan. Gary Elec At Gas— 105,000 212,000 27*666 15,000 For footnotes see page 53. 9134 92 10434 Sale 87 July 10334 July 101 Sale 101 10134 10134 Sale 10134 10134 100% July 10034 July 1 9234 July 26 1 10434 July 28 9234 July 26 10134 July 101732 July 1 6 78 Apr. 1 102 Apr. 1 10434 Feb. 17 102 Sale Mar. 25 102 Mar. 25 9934 Mar. 30 10134 Jan. Mar. 19 10134 Jan. 100 10 31 Aug., 1938] AGGREGATE NEW SALES In PRICES IN JULY NEW YORK CURB EXCHANGE Since Jan. 1 July • >■> 25,000 ♦Gen Rayon Ltd 6a a 877,000 Glen Alden Goal 4a..._._1965 93,000 Gobel (Adolf) deb 4%t ..1941 308,000 Grand Trunk Weat Ry 4a 1950 62,000 Great North Pow 5a atpd 1950 41,000 Grocery Store Prod 6a...1945 96.000 Guantanamo 5c w Ry 60.1958 43,000 7,000 1948 242,000 Georgia Pow & Lt 5a 1978 18,000 ♦Geafuerel 6a— ......1953 17,000 16,000 1,000 4,000 2,000 "~6~,656 Gen Pub Utllltlea 6ha a .1956 350,000 Gen Wat Wka 8c el 5a a—1943 2,787,000 Georgia Power ref 5a 1967 282.000 22,000 64,000 54,000 Gen Bronze cony deb 6a.1940 61,000 Gen Pub Sery Co 5a.....1953 717,000 234,000 '1 81,000 321,000 14,000 73,000 Guardian Investors Corp— 5a aerlea a.... .....1948 Hackenaack Water 5a a..1977 Hall Printing 6s a stpd..l947 ♦Hamburg Elec Go 7a....1935 ♦Hamburg e 8c Und ry5%s'38 28,000 116,000 Heller (w e) 5c Co 4a w w. 1946 83,000 HouatGulf Gas 6 ha x w_1943 279,000 6a 1943 270,000 Houston Lt 5c Pr 3ha ...1966 29",666 9,000 ♦Hungarian-Ita! Bk 7%s.l963 169,000 Hygrade Food 6s^aer a ..1949 4,000 21,000 4,000 8,000 149,000 106,000 273,000 303,000 40,000 14,000 59,000 4,000 28,000 47",666 125,000 69,000 18,000 33,000 60 series b 1949 121,000 Illinois Nor Utll 5a 518,000 Illinois Pow 5c l 5hs 486,000 5 ha aerlea "b" 1957 1957 1954 1,359,000 6a aerlea a 1953 5a series g 1,689,000 ...1956 154,000 Indiana Elec Corp6t a..1947 ... 46,000 434,000 50,000 78,000 98,000 189,000 700,000 438,000 156,000 6Ha series b ,.1953 5s series c.. .....1951 Indiana Gen Service 5a..1948 Indiana Hydro-Elec 5a a.1958 Indiana 5c Mich el 5a 1957 1st 5c ref 5a 1955 July 1 Ask 75 Bid 73 . 87% 70% 90 72 76 H 72 li* S3I0 J6,* 87 66 60 66% 68 67 Sale 90 Sale 107% Sale 66 60 74 36 38 53 105% 76 % Sale 22% 30 32 ..... 84 97% 100 102% 103 % 17 25 62 Sale 62 65 106 % 1j8 79 83 90 91% Sale 96 84% Sale 84% Sale 88 93 H Sale 72% i08% "83" 80 111% 106% 107% 53 56% Indiana Service 5a 1950 1st lien 5c ref 5a ...1963 55 44 1,559,000 Ind'polls p Ac l 5s aer a..1957 168,000 lot Pow Sec 6 ha aerlea c.1955 7a aerlea e 107,000 1957 7a aerlea f 106,000 1952 546,000 187,000 2,817,000 1,142,000 59,000 79,000 102,000 18,000 5,000 81,000 9,000 3,000 48,000 410,000 571,000 399.000 98,000 167,000 458,000 90,000 22,000 972,000 77,000 43,000 356,000 254,000 2,003,000 83,000 15,000 69,000 117,000 82,000 13,000 8,000 227,000 49,000 242,000 406,000 401,000 117,000 136,000 . 145,000 international Salt 5a 1951 Interstate Power 5a Debenture 6a 1957 1952 Interstate Public Service 5s aeries d 1956 ...... 4Ha series f 1958 lowa-Nebraaka LAcP 5s..l957 5a Series b .1961 Iowa Pow 8c Lt 4Ha a...1958 Iowa Pub Serv 5a 1957 Isarco Hydro-El 7a... 1952 ..... (sotta 55 58 65 64 107% 109 43% Sale 25% Sale 69% 63% 96 95 July 30 Ask Bid 79 X 71 Sale 86 Lowest Sale 75 H 74 Sale 81 Sale 75% July 78 74 78 76 84 X 92 Sale 82 % 84 82 Sale Sale 92 69 82 52 Ask 82 Sale 56 Sale 29 34 106 96 33 X 26 92 101 101 39 40 95 42 Sale Sale 40 29 ; 96 102 x 103X 104 102 X 102% 103 107H Sale 107% Sale 25 12% 12% 25 57 60% a66% Sale 57 66 60% 68 106 x 107 SIX 37 July ' 7 25% 94% 102% 101% 107% 58 58 56 Sale 57% July 65 July 79 Sale 53 56% 99 93 X 106 96 95 107 103 % Sale 97% 106% 105 56 62 58 63 66 79 47 50 78% 48% 42 43 Kansas el Pow 3 ha Kansas Gas ft Elec 6a Kansas Power 5s a 2022 114% Sale 1947 100 Kentucky Utilities 5a 1969 5a— 1961 6hs series d__... SHa aerlea f 1948 1955 75 % 75 59 59 74 77% July 18 83 71% July 11 76% 94% July 11 99 94 98% 5 July 97% 106 108 July 14 107 Sale 102% July 1 105 60 59% July 27 62 89 78% July 27 78% 51% 49 July 13 53 99 Sale Sale 77 95 87 97 93 Sale 90 104% Sale 104 % Sale 47% 43% July 105% Sale 104% July 104% Sale 104% July 100 % 102 101 101% 103 117 119 115X Sale 115% 101% 101% 101% 101% 101% 81 82% 81% 82% 81x SOX Sale 82% 83% 80% 94 97 96 X 98 95% 86 88 90 89% 87% 78 94 July 25 6 July 25 Apr. 26 July 1 May 12 68 77 7 Mar. 31 49% June 30% Apr. 1 5 Jan. 10 33% Feb. 7 Feb. 8 75 Apr. 27 June 22 29 Jan. July 14 July 18 66 93% Mar. July 4 Mar. 29 Jan. Feb. 8 14 5 14 42% July 27 Mar. 23 103 July 76% Jan. 33 June 97 July 13 34% May 19 June 13 28 95 July 16 102% June 14 97% Feb. 104 „ Apr. 12% May 15 20 28 20 13 26 29 28 21 27 July" 5 7 7 7 July July July July July July July July July 22 26 29 28 13 29 15 27 July July July 14 101 % July 43 20 15 Mar. June 20 68 66 Mar. 43 Feb. 28 107% July 103 July 22 July 29 July July July 65% Apr. 80 87% Jan. 83 83% Feb. 96 Apr. July July July July 94 July 95% July 97% July 85 July 109 July 85 July 107 75 21% Feb. 107% 86% 98% 101% Sale 46 98 19 81% Sale 74 72% 36% 37% 104% 105% 103 103% 7 13 58 95 78 Sale 1966 42% July 27 68 66 6 7 Mar. 31 Jan. 14 Apr. 75% Apr. 108 50% Apr. 26 65 59 51 June 17 62 Sale 73% Sale 72 1961 2 63 62 62 53 81 % 107 104% Sale 97 96% 106% Sale 102% 103 1 5 7 July 22 26% July July 27 95 July July 19 102% July July 12 103 July July 5 107% July Sale 66% Sale 25 3u 25 21 104% July 5 104% July 8 53 7 57 July July 19 56% July 27 60 July 12 58 59 56% July 19 58 July 12 108x lu«% I08 108% lu8 July 29 108% July 6 1 51% Sale 51% July 56% Sale 57% July 27 32 X Sale 35 Sale 32% July 1 37% July 2 53 58 4Ha series g July July July 76 July 86 July 93% July 56% July July 30 106% July 95% July 97 6 July 91% 98% Sale 100% Sale Sale 92% Sale Sale 93% 95% 94 X 96 97% 43 612,000 Jersey Gent p 8t l 5s b...1947 80 86 83 103 Sale 104% Sale Sale Prices July 66 July 88% July 108 July 65 July 53% July 107 X 109 85 Highest Sale Prices 75 July July July July July July 2 106% July 5 79% July 92 5 July 1 97% July 1 89% July 91 July 14 6 92% July Sale 85 Sale 81 July 6 109 107 July 21 108% 109 SIX Sale 85% 88 81% July 6 110% 110% 106 h 107% 106% 107% 106% July ' 19 57 Sale 54 51 Sale July 27 56 X 58 53% Sale 53% July 30 70 66 78; 69 July 27 79 92X 97 X 89 X 91X 91X 81X Lowest Sale Prices ..... 106 X 103 Sale 96 X 30 4u 26 X 30 97 1 21 18 July July 91% July 27 51% July 1 65; Sale 65 70% 72 64 60 61% Sale 66 84 85% 87 88 X 83% 107 X 112 108 107% 112 62 55 65 68 58% 53 53 55 53 56 1963 stmpdl942 1 Highest Sale Prices 71 July 7 82 July 1 ...1942 Fraachinl 7a Italian Superpower 6a i ackaonvilleGaa 5a Sale i 106% Sale 60 59 Bid 30% 31% ♦Indianapolis Gas 5a a..1952 199,000 14,000 29,000 28,000 22,000 RANGE SINCE JAN. Price Jan. 3 1938 bonds (Coattattfd) 8,000 13,000 158,000 2,000 116,000 424,000 70,000 51 CURB EXCHANGE YOKE July July 22 29 68 Feb. 3 June 19 110 Mar. 31 85% July 20 79 Apr. 106 1 85% Apr. 2 76 Mar. 31 79 84 64 Mar. 29 98% July July July July July 85 July m 28 20 13 26 29 28 Apr. Apr. 6 108% Jan. 6 8 109% Mar. 10 Mar. 30 May 11 July 7 1 85 July 27 75 Mar. 109% Apr. 19 111% Jan. 20 104% Apr. 14 107% Jan. 14 45% Mar. 30 63% May 10 43 49% Jan. 10 106% 58% 65% 60% 100% Apr. 48 Apr. 56% Apr. 51% Mar. 109 Apr. 29 57% July 27 37% July 2 Jan. 107 35 Mar. 18% Mar. 64 Jan. 4 Mar. 15 June 10 June 24 Mar. 31 57% Mar. 31 83 July 22 76% July 26 July 29 97% July 28 July 13 105% Mar. 31 107 July 29 98% Jan. 26 105 Jan. 1952% Apr. 2 63 90 91 , Mar. 29 June 16 99 4 85 Feb. 23 21 53 July 27 32 100 Feb. 7 50 July 14 Jan. 8 106 2 105% Jan. 18 6 27 11 25 7 25 22 97 112 Mar. Mar. 101% July July 27 95% Apr. 65 * Mar. 102% July 11 100 99% July 12 July 27 July 22 94% July 25 104 July 29 93 84 90 5 Jan. Jan. 25 84 101 76 50 1 106 12 105 July July July July July July July 117 July 102% July 84 July 84 July 99 July 90% July 27 9 1 78 39 Apr. 98% Apr. 65 117 84 84 Mar. July July July 15 6. 25. 7 25 84% Apr. 99 78 90% July 22 Mar. Lake Superior Diat Power— 39,000 164,000 6,000 42,000 52,000 9,000-1 129,000 6,000 13,000 28,000 41,000 69,000 43,000 86,000 10,000 148,000 385,000 95,000 77,000 5,000 121,000 30,000 58,000 57,000 215,000 1,248,000 9,000 215,000 564,000 235,000 1,302,000 3hs aerlea a .1966 Lehigh Pow Secur 6s 2026 ♦Leonard Tiets Inc 7ha. 1946 Lexington Util 5a_._....1952 Llbby McNeill 5c Llbby 5a 1942 Long Island Ltg 6a.. 1945 Louisiana Pow 5: Lt 5s...l957 ♦Manalleld Mining 5c Smelt— 7a Ex-warranta ....1941 2,000 60,000 Marlon Reserve Pow 4h« 1952 74,000 McGord Rad 8c Mfg 6s 1943 Memphis Comm'l Appeal— Debenture 4ha., 12,000 ....1956 464,000 Memphis p 8c l 5aser a..1948 253,000 Men gel Go 4Ha 1947 325,000 Met Ediaon 4a series e 1971 4s aerlea g 1965 485,000 146,000 Middle Sta Petrol 6 ha a.1945 173,000 Midland Valley rr 5a 1943 597,000 986,000 394,000 440,000 5,000 511,000 339,000 379,000 187,000 Milwaukee g l 4hs—.1967 Minn Pow 8c Lt 4ha 1st & ref 5s 94 104 95% Sale 96 % Sale 83 81 75 75 60 84 81 Sale 81 64 70% Montana Dakota Utll 5 Ha '44 104% Sale, ..... i* 106 Sale Sale Sale 108% Sale 81x 84 58 60 X 97 Sale 93% Sale 102 Sale 72H 76 77 84% 86 109 % Sale 67 % 72 93% 85 Sale Sale ... - 98% July 97% July July "93% "94% 90% July 103% 104% 103% July 88% 90 86% July 105% 106 104% July 26% 100 M 102% 102 70 69 80 92 104 99% 98% 99% 99% 27 26X "97% 1955 1960 Sale 99% Sale Sale 23 78 98 % 29 1955 58 registered 1955 Miss Power ft Light 5s... 1957 mlaa River Power 5s 1951 Missouri Pub Serv 5a a— 102% Sale 88 91 90 % Sale 98 % Sale ..1978 Mississippi Pow 5s 102 23 % 95 109% 69 Sale 74 65 102% July" 104 July 67% July 23 71% July _ 88 July 29 90 83 93 July 105% July 26 107 % 106% July 108% 82% July 89% 59 64 July 99 Sale 96% 95% 93% 102 103% Sale 78 76 79% 78% 86% 85% 84% 109% 109% 110 67 67 67% 95 96% Sale 99 55,000 275,000 6,000 76.000 266,000 7,000 1,000 18,000 26,000 129,000 111,000 387,000 1,116,000 326,000 95,000 325,000 124,000 821,000 Nassau Ac Suffolk Ltg 5a.l945 Nat Pow 5c Lt 6a "a" 2026 Deb 5a aerlea b—.....2030 92 83 3% 4% 83% 83 90% 83% {♦Nat Pub Serv 5a g o d.1978 44 % 18,000 102,000 1,158,000 377,000 1,604,000 733,000 928,000 299,000 New Amsterdam Gas fa—1948 New Eng g 5c Elec Assn 6sl947 254,000 84,000 288,000 80,000 208,000 28,000 62,000 127,000 6,000 16,000 295,000 188,000 1,000 21,000 8,000 90,000 414,000 393,000 56,000 80,000 1,664,000 983,000 42,000 165,000 94,000 487,000 Nebraska Power 6a 4 Ha .1981 Nelaner Bros Realty 6a..1948 Nevada Calif Eloc 5a 1956 5a 1948 Conv deb 5s..........1950 New Engl Pow asaa 5a 1948 Deb 5Ha 1954 New Eng Pow Go 3ha a.1961 New Orleans Pub Serv— 5a stamped...........1942 ♦6a aeries a........... 1949 n y Gent Elec f ha 1950 ♦n y Pa 5c o rr 4ha atpd 1950 n y p 5c l Corp 1st 4 Ha.. 1967 ny State KftG4Ha 1980 n y Ac Westchester Ltg 5a *54 4a 2004 Nippon Elec Pow 4 Ha—.1953 Nor Anker l Ac p SHa a For footnotes see page 2022 53. 1956 3% Sale 73% 95 Sale 75 Sale 114% 118 109 X 112 90 93 71H Sale 116% 118% 56 56 H 57 Sale 57 Sale 78 X Sale 81 Sale 90 67 99 100 107 92 112 104 58 H 74 86 86% Sale 79X Sale 40 42 110 120 109 X Sale 88 82 X 116 §I* 38 92 79 109 94 90 Sale 84 117 Sale Sale Sale 107 X 94 X 104% 65 77 m 82 99 Sale Sale Sale 72% 107% 5% 113% 104% 105 62 Sale 40 110 92 Sale 47 88 2% July 27 4% July July 92 July 83% July 40 July 115 July 110% July 92 July 85% July 117 91% July 79 July 98% July 75 68 July Sale 107 July Sale 94 July 113% July Sale" 104% July 49% 50% July 89 87% July 93 99% Apr. 27 100 Mar. 31 106 24% Apr. 7 25 97 55 5 104 83 1 14 Jan. Apr. July 61% July 59% July 60 July 89% July 91% July 106% July July 84% July 99% July 72% July 108 July 98 July 113% July 105 July 55 July 90 July June 9 Apr. Mar. Jan. Apr. Apr. 27 1 % June 24 25 81% May 12 13 17 93 54 86 28 9 25 Jan. 70 78% July* 26 July Jan. 25 Apr. 1 107% July 11 101% Mar. 31 108% July 1 Apr. 1 75% Jan. 4 95 50 64 July 23 Apr, 1 70 109 28 28% June 100 88% Jan. 5 Feb. 26 July 19 92% June 30 92% May 21 87% Apr. 61% Mar. 19 7 Apr. 14 67% Feb. 19 83 21 12 27 May 20 4 97% Jan. 13 2 104% Mar. 1 1 100 July 5 July 22 July 11 1 July July .30 July 23 84 July July July July July July July 83 99% July Jan. 4 103 19 July 11 99% July 1 July 97% July 1 103% July July July 14 80 July July 25 78% July 1 July 86% July 6 110 July July July 22 69% July 1 100 July July 83% July 85% July 79 July 38 July 115 July 109% July 89 July 82% July 116 117 54 Sale 58% 53% 54 Sale 89% 84% 87% Sale Sale 104% 93% Sale Sale 68 Sale 115% 118 116% 60% 56% 54 Sale 56% 84 % Sale 88% 88% Sale 90% 104 X 104 X 105% 54 X 54 X 93 Apr. Apr. 3 87 Munaon Steamship Line ♦6h* ctfs of dep w w..1937 July July 40 104 94% 95 94% '95 90% 92 105% 106 107% Sale 89% Sale 62 106 Jan. Apr. Mar. 99% July 27 97% July 13 6 103% July 81 May 21 July 25 May 25 Apr. 28 l!H "oM May 100 July 5% Feb. 92 July 83% July 44% Jan. 62% Mar. 31 1 58% Apr. July 26 120 Apr. 7 110% 108 Mar. 16 93% 85% 80% Apr. 1 69 Apr. 1 38 111 June 9 22 2 19 21 3 8 May 13 Jan. 12 July 13 8 Jan. 13 21 July July July July Mar. 31 91% July 1 106% July Feb. 21 115% Jan. 27 118 40 Mar. 30 61% 40 1 Apr. 59% 19 60 39% Mar. 31 29 70 Mar. 31 89% 19 29 21 7 22 1 29 29 25 13 14 8 18 74 102 9 93 Feb. 10 84% June 1 100% May 9 84 105 7 108% Apr. 88 Apr. 14 98 112% Jan. 21 113% 86% Feb. 64 93 45 19 19 29 29 21 July 7 July 22 Mar. 23 Feb. 1 Jan. 7 July 25 July 13 8 105% Apr. 103% Jan. 1 50% July 19 62% Mar. 11 70 1 90 Apr. July 18 July 81,000 5,000 68,000 185,000 115,000 new york curb exchange Since Jan. 1 o $ 1938 July 1 1948 Bid 37 Nor Indiana O 8c B li 1952 107X Nor Ind Pub Sonr 1966 99 Sale .--.-1969 97 88 Sale Nor Cont Utll 5 He A fig series D 1 Price Jan. 3 BONDS (Continued)— nnn 397,000 125,000 543,000 648,000 750,000 1,713,000 RANOE SINCE JAN. PRICES IN JULY SALES aoqreqatk In CURB EXCHANGE NEW YORK 53 ii",5o6 ...1970 3H*—1967 240,000 Northwest Elec 6s stpd—1945 81,000 296,000 4Ms E Ask 41H 925* Bid Lowest July 30 AsVBid 503* Sale 1085* 108 103 3* 103 1035* Sale Highest Lowest Highest Sale Prices Sale Prices Sale Prices | Snle Prices Ask 22 1045* July 953* July July 105 July 1033* July 1015* July 94 July 80 July 27 1075* July 27 106 July July 1 July 1015* 1035* 1025* 1045* 102 1155* July 1155* Sale 1155* 116 9 1035* July 18 116 July 20 100 9 114 91 July 23 935* July 1145* July 18 1145* July July 705* July 28 77 5 18 1 79 Apr. 113 55 Apr. 975* 975* 99 il Sale 455* July o 1083* July 11Sale 1015* July 1015* July Sale 975* July 995* Nor'west Pub Serr 8s A..1957 16,000 94,000 144,000 196,000 118,000 37,000 266,000 ofiden Gas Co 5s 1945 402,000 Ohio Power 5s series B... 1952 498,000 series D—.......1956 !,131,000 okla Nat Gas 4He A 1951 588,000 Conv deb 5s.......-...1946 115,000 okla Pow 5c Water 5s A..1948 20,000 99,000 152,000 pacific Coast Power 5s...l944 449,000 Pacific Gas A El 6s B 1941 Pacific Investing 5s A...1948 115,000 Without warrants....... 855* 89 103 105H 1055* Sale 104 5* 106 H 97 H Sale 89 70 103 116 Sale 73 1045* 1165* 1045* 1065* 1045* Sale 935* 943* 925* Sale 1045* 1065* 1073* Sale 1055* 1055* 1045* 1085* 104 Sale Sale Sale 1035* 1045* Sale 995* Sale 79 ' 805* Sale 18!* W Juiy x'* 923* July 1 107 23 105 Feb. 13 12 102 Feb. 8 803* Apr. 14 955* July 12 21 1035* Jan. 19 1075* July 104 5* Mar. Jan. 8 107 1035* July 19 1065* Jan. 96 Jan. 26 104 July 83 Apr. 2 995* July 69 May Apr. 12 82 21 Mar. 11 1035* Jan. Mar. 29 1165* Feb. 6 3 19 8 27 2 995* July 30 9 82 1055* July 1 104 Mar. 31 93 July 19 30 1053* Apr. 105 Nor States Power 103 H 105 H 54 July 22 8 7 1083* July July 18 93 *4 Apr. 13 1045* July 27 865* Apr. July 27 5 100 97H Jan. 31 1025* June 10 54 July 1083* July July 1043* July 100 July 46 107 101 102 1053* May 18 19 15 27 30 11 ... 22,000 3,000 231,000 865* 89H oPacific Ltg A Pow 5s—..1942 1125* 115 1,382*000 Pacific Power A Light 5s.1955 6151 64 16,000 Palmer Corp of Lt 6s....1938 1005* 1015* „ 170,000 801,000 73,000 9,000 237,000 14,000 98,000 424,COO oio 285* 835* Sale 1979 Penn Electric 4a series F.1971 90 86 95 Sale 94 99 110.000 Edison 6s nnn Piedmont 296,000 62,000 249,000 37,000 295,000 349,000 68.000 61.000 53,000 9,000 29,000 4i",666 52,000 11.000 11,000 9,000 3,000 ?9'RRR 45,000 ... 61,000 3,000 49,000 17,000 3,000 79,000 61,000 32,000 278,000 48,000 217.000 154,000 195® 693,000 PbllaElec Power514S....1972 72,000 Phila Rapid Transit 6s_.1962 107,000 23,000 \ 3s..1964 5, 212,000 without warrants.... 346,000 8Hi series B 1959 167,000 Penn pub serr 6s G 1947 56,000 5s series D.. ...1954 190,000 Penn Water A Pow 4Hs.. 1968 570,000 5s 1940 422,000 Peoples Gas Lt A Coke 4s B'81 374,000 4s series D............ 1961 293,000 Peoples Lt A Pow 5s..l979 50,000 7,000 20,000 4,000 41,000 43,000 70,000 . Hydro-Electric 310,000 877,000 Sale 735* 765* 60 106 100 Portland Gas A Coke Sa.194® Potomac Edison 5s serE. 1956 1961 7a stamped 1947 4H. series P 965 20 50 107 25 60 110 1075* 110 56 59 Power Corp of Can 4HsB 1959 995* 1005* ^Prussian Elec6s...—...1954 21 30 - Pub Serr of Okla 4s 1966 Pufiet Sound PAL 5H«-1949 5s series C............1950 4 series D—........ 1950 284,000 Queens Boro GAB 5Ke.l952 69,000 ♦Ruhr Gas Co 6 Ha 1953 9,000 ♦Ruhr Housing 6Ha A...1958 130 Sale 1055* 107 111 Sale 1035* 1035* 1025* 1045* 1005* 665* Sale 62 105 Sale 835* 895* 885* Sale 98 Sale 895* 895* 31 83 48,666 5,000 22,000 8,000 17,000 285,000 130,000 62,000 326,000 33,000 31,000 154,000 452,000 237,000 12,000 555,000 151,000 197,000 150,000 175,000 1,649,000 6s - ♦ Schulte Real Estate Scripps (E W) Co 5 Scullin Steel Co 3s Sale 112 715* Sale Sale 565* 105 893* B P4H«--1'67 1968 4Ha series D 1970 Shawlnlgan W A 4 He series Sheridan Wyo Coal 6a...1947 Sou Carolina Power 5s..l957 Southeast PAL 6s 2025 1,326,000 Sou Calif Ed 3He..May 11960 417,000 888,000 356,000 35* s series B July 11960 Debentures 3H*......1945 1st A ref mtga 4s..—.1960 Mar. 30 585* July July 1 2 98 26 78 Mar. 28 2 945* July 26 76 Apr. 98 Sale 96 July July July July July July 13 82 Apr. 75 Mar. 99 Mar. Mar. July 1 925* July 1 95 91 1055* 1023* 1075* 1065* 995* July 13 945* July 18 1075* July 93 945* Sale 90 95 1125* 1125* 1113* July 693* July 725* Sale 565* Sale 605* Sale 565* July 106 108 105 July Sale 86 89 88 July 142 1375* Sale 105 1053* 1045* 1105* 105 1035* 105 1045* 105 1035* 1055* 1043* 1035* 1035* Sale 785* 1025* 735* 695* Sale 665* Sale 67 6 103 July 5 108 July 16 1065* July 745* Mar. 25 93 30 74 70 144 1375* 1055* 105 111 1103* 1045* 104 Sale 1043* Sale 1035* 1055* 105 1035* 1025* Sale 725* 69 5* 765* 715* 655* 78 82 855* 265* Sale 215* 265* 725* July 583* July 90 July July 27 30 Ill 18 53 Apr. 1045* June 13 5 Jan. 65 May 295* June 65 103 12 July 143 July July 1055* July 29 1115* July 11 July 105 July July July July July July July 1055* 1063* July 755* 735* July July July July July July July July 84 106 1033* 80 130 Jan. 13 21 25 605* Mar. 59 Apr. 19 53 Jan. June 16 22 69 20 253* Feb. 30 July July July July 265* 23 133" 131 131 1085* 109 1095* 111 21 131 July 1083* July i 255* 26 275* 27 25 Sale 32 305* 1015* 102 1073* 1075* Sale 1075* 104 H 104.5* 1045* 1045* 104 5* 1045* 105 1045* 1045* 1045* 1045* 1045* 63 63 573* 585* 835* 825* 825* 825* Sale 93 J* 945* 935* Sale 1073* Sale 1075* Sale 1075* 1075* 108 Sale Sale 105 1035* Sale 1105* 1105* 1095* Sale 104 1035* Sale 1035* Sale 104 104 59 73 62 765* 94;. 10451 104! 106; Sale 108: 109 Sale Sale Sale 1045* 58 815* 95 1083* 1083* 1035* 1095* Sale 55 59 2 111 July 12 Mar. Feb. 9 15 80 July 755* July 735* July 1 Mar. 24 18 20 19 935* Jan. 14 295* May 25 Apr. May 10 1 15 June 9 1105* Mar. 5 1025* Jan. 10 1055* May 24 7 1283* Feb. 23 1313* July Feb. 28 1083* June 28 112 95* Apr. 107 July 1 245* July 26 July 101 July 51 July 101 51 143* 14 1095* 8 1055* 7 1315* 18 Apr. 26 July 8 1055* May 10 1065* July, 25 5 1065* Feb. 8 1035* June 985* Mar. July Jan. 113 105 5 295* July 20 2 11 107 20 7 Jan. 143 18 25 40 265* 10 225* May 11 1035* Apr. 110 Apr. 1025* Apr. 1013* Apr. 1015* Mar. 104 Apr. 8 11 22 Apr. 21 695* July 22 8 1085* July 109 July 15 985* June 205* Jan. July 285* Feb. 15 July July 805* Sale 305* Feb. 8 375* July July 23 8 225* July 101 29 75 285* 223* 61 105 5* Apr. 107 Apr. 109 Jan. 108 100 Jan. Jan. 48 July June 28 3 1135* Mar. 1 Feb. 11 4 79 July 19 695* July 22 8 1085* July 88 14 108 5* May 13 935* July 22 95 July 28 105* Jan. 12 Mar. 74 70 109 Mar. 135* July 135* Sale 145* 145* 1093* 1085* July 1085* 1095* 109 105 105*32 July 1055* Sale 84 82* 96 Mar. July Jan. 345* Jan. 19 905* July 23 98 July 26 945* July 26 4 1075* Feb. 1035* Jan. 17 June 935* July 1 106 29 1 1065* Apr. 106 2 1125* July 9 235* 205* 235* W* Sale 62 July 663* Sale 62 1075* July 1075* Sale 1075* 110 108 July 1095* 1085* 110 108 37 37 July 40 355* 36 98 993* 1005* 1015* 985* July 255* 225* July 225* 253* 223* 1105* 1045* 1045* 1045* 4 101 895* July 89 July Sale Sale Sale He—1943 1951 1948 28 98 Sale 97 July 6 90 1045* 19371 6s..l951 Servellnc5s Feb. 19 23 93 ♦Saxon Public Works— 10,000 25,000 92,000 82,000 5 315* July 905* July 325* 895* Sale 315* 94 91 95 945* 108 107 1045* 106 1015* 1025* 1025* 104 Sale 1075* 1083* 108 1065* 1075* 1065* 1065* 105 395,000 i+StLouta Gas A Coka 6s.'47 353,000 Safe Harbor Water Pr 4Hs '79 592,000 San Ant Pub Serr 5s B...1958 9,000 San Joaquin L A P 6s B..1952 147,000 Sauda Falls Co 5s 1955 2,000 38,000 32 Pub Service Co of N J— perpetual certificates 21 93 5* July 5 May 27 12 115 77 July 1 Mar. 29 99 30 925* Sale 57 .8,000 4.000 . 111 93 Sale 105 13,000 28,000 J "85* 1960 Pittsburgh Steel 6s—...1948 spomeranla Elec Co6s—1953 ,?'RRR 495,000 MIR'RRR 107 104 1085 109 Sale 1949 6«s series A Pittsburgh Coal 6s potrero Sugar 89 1065* 1025* 1085* 1075* 875* Sale Co 115.000 pub serv of Nor IBs 5s C.1966 274,000 5a 1956 167,000 4H. series D 1978 237,000 4^8 series E..........1980 739,000 4V£s series F 1981 355,000 4series 1 1960 „ 28 Peno Cent Lt A Pow 4H> 1977 Park Lexington Bid2 92 1145* 1165* 1145* 117 723* Sale 76 Sale July July July July July July July July July July 2 255* July 21 8 313* July 29 1 102 July 29 1 613* July 19 2 1055* July 8 105 5 July 215* 965* 385* 1063* 1015* 1043* July 54 70 59 20 84 27 973* July 20 1083* July 21 1083* July 9 105 July Jan. Apr. Apr. Apr. 2 28 313* 4 102 4 613* 6 1075* 10 Mar. 29 July 7 29 Jan. 28 Mar. July 19 Jan. 15 1055* May 27 3 Mar. 18 1055* Mar. Mar. 30 105 Apr. 28 635* Jan. 12 102 102 July July 6 1 243* July May 26 Mar. 16 84 July 715* Mar. 31 975* July 1029* Apr. 1 1085* July 1025* Apr. 1 1083* July Mar. 101 Apr. 1 107 106 Apr. 5 1105* June 1105* July 14 5 1 1 6 Southern Counties Gns 103,000 120,000 48,000 103,000 46,000 15,000 104,000 98,000 54,000 130,000 11,000 12,000 307,000 203,000 10,000 321,000 138,000 443,000 396,000 207,000 365,000 190,000 106 5* 57 of California 4Ha...—1968 Southern Indiana Ry 4s. 1951 S'western Assoc Tel 5a A.1961 92 Southwestern LAP 5a_.1957 955* 795* Southwestern PAL 6s_ .2022 136,000 S'western Pub Serr 6s A.1945 427,000 ^Standard Gas A Elec 6s.'35 594,000 *6s Certifs of deposit.. 1935 331,000 ♦Cony 6a 1935 472,000 11,000 12,000 ♦ftsConv ctfs of deposit 1935 6s stamped 1948 6s conv 102 1055* 505* 503* 505* 52 52 52 505* 52 stamped...—1948 1,362,000 6a... 1951 900,000 6s 1966 275,000 Standard Invest BH* 1939 2,063,000 {Stand Power A Lt 6S...1957 1,045,000 ♦Starrett Corp 5s 1950 515* 51H 69 Sale Sale 695* 485* Sale 225* Sale 1045* 1045* 1035* 1045* 104 49 52 47 50 455* 98 985* 99 985* Sale 103 101 101 1013* 102 85 87 81 81 Sale 42 445* 79,000 7s 2d stamped.........1940 172,000 7s 2d stamped 1946 179,000 Super Power of 111 4He..l970 271,000 4He 1968 64,000 363,000 20,000 285,000 195,000 20.000 69,000 778,000 Fenn Elec Power 5s......1956 2,773,000 Tenn Pub Serv 5a 1970 Ternl Hydro-Electric Co— 293,000 6Ha series A 1953 1,593,000 Texas Elec Service 5s 1960 1,991,000 Texas Power A Lt 5s 1956 53,000 6s 2022 281,000 Tide Water Power Be A 1979 180,000 318,000 1,165,000 let mtge gold 5s ...1962 107 H 1085* 625* Sale 1,383,000 Twin City Rap Tr5HaA.1962 39 42 105 Sale Sale 78 60 Sale 105 58 98 103 94 80 795* Sale Sale Sale 97 845* 14 1045* July July 52 50 105 106 85 55 54 553* 515* July 50 July Sale 533* 56 106 107 106 1053* July 1065* 1055* 1055* 1055* July Sale 925* Sale 60 905* 1033* 91 65 Sale Sale 96 835* Sale 87 89 51 July 25 July 22 6 99 12 1023* July 7 1 853* July 25 1023* July 20 56 Sale Sale 2 28 July 2 565* July 21 July 15 555* July 20 31 July 25 535* July July 1 55 6 1055* July 11 1063* July 19 87 July 945* July 5 9 July 8 July 11 19 15 5 7 103 975* Sale 84 845* 20 96 82 60 July 2 July 30 1 96 1 1045* July 19 975* July 26 865* July 19 1055* Jan. Mar. Mar. 40 38 39 79 1 5 93 21 52 * July 12 1035* Apr. 21 1065* Mar. 2 Jan. 13 355* Apr. 23 56! 85 Feb. 9 99 July 22 93 1025* July 7 Apr. 8 555* Mar. 31 853* July 25 21 535* July 27 58 July 905* July July 60 96 104 July July 563* July 543* July ft* 85 July 923* July 935* Sale 8 14 July July July 1023* 1005* July 1005* 1013* 102 54 56 525* July 535* Sale 52 July 52 Sale 525* July 545* Sale 525* Sale 52 July 52 Sale 52 July 525* Sale 533* 523* July 525* Sale 54 Sale 53 523* July Sale 53 55 53 523* July 77 75 July 73 775* 80 535* 515* July 525* 515* Sale 305* Sale 283* July 293* Sale Stlnnes (Hugo) Indus— 2,000 50,000 14,000 18,000 July Mar. 395* Mar. 52 July 525* July 375* Mar. 365* Mar. 54 Mar. 185* Mar. 43 39 Jan. Jan. 1035* Apr. 104 Apr. 21 21 20 Jan. 12 533* July 27 52 h July 28 57 July 2 565* July 21 79 July 15 555* July 20 9 315* May Apr. 36 14 July July July 56* It* Mar. 53 5* July 55 July 4 1065* Feb. 1065* Jan. 7 15 5 65 Feb. 15 57 Feb. 4 19 19 7 10 915* May 20 96 May 20 61 1 485* Apr. 825* Mar. 30 1003 94 Mar. 25 1043 905* Mar. 22 99 755* Apr. 5 86 Mar. 18 May 11 7 Jan. 20 Jan. 17 26 1085* Jan. Mar. 29 655* July 14 2 Jan. Toledo Edison Co— Sale 595* Sale 106 1055* 1055* 1055* July 26 1063* July 49 July 21 653* July 595* Sale 7 2 men A Company— 39,000 7,000 261,000 81,000 6s 4th 42 stamped........1950 United Elec of N J 4s 1949 Sale 455* 47 115 1145* 113 42 July 1145* July. 1 475* July 22 July 8 2 115 1055* July 44 30 Mar. 30 473* July 22 July 8 1125* Apr. 12 115 United Elec Service 7s...1956 50,000 2,000 25",556 173,000 42,000 Without warrants...... 197,000 34,000 •United Indue 6 He 1941 •1st 6s 1945 24,000 1974 405,000 United Lt A Pow 6Hs Deb 6a 1975 955,000 5Hs 1959 328,000 For footnotes see page 53. 595* 24 60 35 25 263* 265* 71 735* 76 56 24 RS* 99 Sale Sale 76 615* 40 40 81 Sale 1035* Sale 595* Sale 265* 30 265* 275* 59J* July 28 27 • July 13 . 615* July 27 275* July 16 - 78" July *25 "825* July 22 74,5* July 29 .805* July 21 ,74H »aie ,745* Sale 74,H Juiy zy July 19 1035* 1045* 1025* July 11 104 74 80 Mar. 31 Feb. 18 52 24 23 Jan. 575* Apr. f 27 1 62 Apr. 22 275* June 7 Mar. 7 825* July 22 21 19 28 Mar. 31 •805* July July 945* Feb. ~ 104 56 NEW YORK Aug., 1938] aqqreqatb July Price „„NEW YORK. CURB EXCHANOE Jan. 3 Bid BONDS (Concluded)— 172,000 49,000 32,000 34,000 50,000 Ask 76 Sale 106 % 75 73% 69% 82% 78 Sale 86 Sale 79% 84 Sale 13 .... 15 105 Corp— 154,000 45,000 11,000 673,000 ♦5a income deb ...1954 518,000 Wash Gas Light Go 5s... 1958 83,000 Wash Ry At Klec 4s 195! 45.000 959.000 Wash Water Power 5s.._1940 103 106 % Sale 105% 106 Western Newspaper Union— 167,000 61,000 35,000 315,000 42,000 4,000 30,000 124,000 522,000 311,000 238,000 1,675,000 428,000 27,000 363,000 680,000 158,000 13,000 67,000 Sale .......1944 Cons deb 6a West Penn Klec 6a.......2030 Sale West Penn Traction BS..1960 104% West Texas Utll 5s A 84 Sale 1957 55 1941 Sale 84% West United G At ES%« A Wheeling Elec Go 5a 93 Wisconsin P At L 4s A....1966 105 852,000 Yadkin River Power 5s.. 1941 226,000 {♦York Rya Co 5s 1937 126,000 5s stamped .1947 73 Sale 75 Highest Sale Prices 81% Sale 76 88 % 86 83 % 85% 90 86 80 85% Sale 24% 25% 23 106 108 108% 106 107% 109% 109 110 104 % Sale 105% Sale 104% 23 106 Sale 102 108 >6 Sale 91 Sale 50 101 - 106% 106% Sale 96 > Sale 101 81 80% 83 July July July 87 July 81% July July July 1 1 July July July 29 14 5 80 July July 1 6 Voir 20 19 19 23 25 92 109 87 26 1 25 107 26 109 1 105% July July July July July July July July July July July July July Sale 105 105 July 106 107% 106% July 106% 107% 106 % July 96 Juiy 96% Sale 13 18 14 26 20 25 July 82% July 82% July 29 6 22 100% July Sale 101% 104 82 % 82 % 79 80% July 81 79 July 81% 81 13 102 64% Feb. Feb. 96 11 1 25 23 5 14 15 13 15 83 July 20 July 19 July 19 87 July 23 81% July 25 8 8 109 53% .Tan. 64 Fpb. Feb. 8 8 Apr. Aur. 1 12 72% May 75 Apr. 80 28 65 54% July 102 July 108% July 94 July 105% July 106% July 107% July 97% July 45 % 53% Sale 101 % 102 % 101 % 106 107 Vb 106 91 93% Sale Highest Sale Prices Prices 75 July 86% July 6 83% July 107 Sale Wis Minn Lt Ac Pow 5s...1944 Sale 84% 83% Ask 80 Sale 78% 108 % 109 106 % 73 76 77% 87 91 85 77% 78 ... Waldorf Astoria I8, 80 75% 87 529,000 Virginia Pub Ser 516s A..I946 152,000 6a 1946 1,000 6s registered 1946 328,000 5s aeries B 195€ 59,666 Sale Sale 79% Sale Bid Lowest Lowest Sals Prices July 30 4 s* Bid 106 66 81 832,000 <Jnlt«d Lt & Rya 6%s 1952 606,000 ta series A 1952 Deb 6s series A........1973 172,000 145,000 Utah Power Ac Light 4%sl944 6s series A............2022 227,000 81,000 44,000 July 1 1938 $ JAN. 1 RANGE SINCE PRICES IN JULY sales Since Jan. 1 In 53 CURB EXCHANGE 12 1 75 92 July July July July Jan. 26 12% Mar. 31 103% Apr. 1 107 106% June 28 109 99% Apr. 12 86% July 25 72% May 12 87 July 13 2 106 18 14 26 13 June 29 55 .Tune 13 97 Feb. 16 102% June 22 1 96 Mar. 29 108% July 94 July 25 74% Mar. 31 103 Apr. 4 105% July 23 May 13 106 June 8 108 105% Tan. 3 107% July 14 86% Apr 5 97% July 15 32 Feb. 96 14 105% Jan. 85 May 8 82% July 15 58% Apr. 14 May 27 72 5 ... FOREIGN GOVERNMENT AND MUNICIPAL 1,000 22,000 Agrtcul Mtge Bk Rep of Col— 83,000 ♦30-year 7s Jan IS 1946 101,000 ♦30-year 7a Jan 15 1947 Antioquia (Dept) Colombia— 8,000 9,000 8,000 ♦7s 3d series ctf of dep. 1957 43,000 ♦Baden (Germany) 7a 1951 12 20 12 23 21 Sale 20% 7,000 7,000 "2*.066 76 72 ♦754s stamped.........1947 ♦7a stamped 1952 86 85 ♦Geuca Val1ey<Dept of)Rap of 8,000 213,000 8,000 64,000 58,000 Colombia extl s 6% 1948 f 7s 7% 2,000 2,000 11,000 23,000 Prov Banks 6s B......1951 25% 35 ♦6s 25 27% A Colombia (Republic of)— 2,000 ♦6s ctfs of dep (A & 0).1961 285,000 Danish Cons Munic 5 Ha.1955 133,000 5s r-1953 Danslg P 17.000 40,000 22,000 3,000 2,000 22,000 7,000 23,000 1952 102,000 193,000 201,000 61,000 53,000 111,000 49,000 96,000 9% 100 -102 % 44 68 42 20 24 1947 20 21 Sale 20% 20% 22% ♦6s ♦Hanover (City) Ger 7s.. 1939 1949 ♦Lima (City), Peru, 6 He. 1958 ♦Maranhao (State) 7s 1958 ♦Medellln (Colombia) 7S.1951 ♦Hanover (Prov) 6%s S* 10 7% ~21% Sale 22 8 21 20% 30 20% 23 10 Sale 393,000 23,000 7.000 36,000 17,000 55,000 54,000 126,000 262,000 106,000 191,000 94,000 302,000 5,000 45,000 13,000 174,000 2,000 27,000 ♦7%s-4a stamped ♦7s Issue of Oct 1927 2,000 1,000 ♦ under 1947 Mtge Bank of Denmark 5sl972 65% Sale 15 15 23 22 14H 98 H 18V! 99 J Govt 4Ha 1919 ♦Certificates of dep..... 181,000 ♦5Hs 1921 ♦Certificates of dep..... 85,000 the rule. 27 57 11 11H 65 12% Sale 18% 98% 98% 36 4:1% 22% 21% 25 21% 20% 20% 23% 20% 12 12 Sale 10 13 10 10 9% July 11 9% July 26 26% July Juiy 16 9 57% Sale 16 19 12 % % 1 60 65 15% 15% 19% 18 Abbreviations Used Above: Deferred delivery sale, r Bold for cash, ♦ •n-v," non-voting, ** vtc," voting crust certificates, "t I," when Issued Bonds being traded flat. X Reported in receivership. Abbreviation Used Above: "cod," certificates of deposit "w w." with warrants, ••x-w." without warrants. 25 22 64 Feb. 7 24 July July 17% July 21 Feb. 14 24 16% Jan 99% July 96 July 8% July % July % July % July % July 7 July 6 80 1 16 28 12 9 1 1 19 1 19 July 16 July 16% July 64 a 12% Apr. 10 " 13 6 18 Feb. 0 25 10 July 30 10 1 Apr. 1 % Jan. % Tan; in % Jan. % Jan. July 19 16% July ,13 64 16% July 7 28 Apr. 29 Mar. 26 6 6 19 45 5 6 Mar. 31 11% Jan. 11 % Jan 3 7 1 Mar. Jan. 5 4 80% June 29 July 21 July 12 17% June 23 102% Feb. 25 10% Jan. 20 10% Jan. 7 % Mar. 14 % Mar.. 3 1 Mar. 8 % Feb. 11 24 24 65 Jan. 17 16% July 13 16% June 23 Deferred delivery sales. In which no account a taken in computing range, are given below: General Bronze Corp. 6s 1940, July 27 at 81 Wash. Ry. & Elec. 4s 1951, July 21 at nUnder the rule saies,lu which no account In computing range, are Cash sales, in which no . account is taken In com¬ puting range, are given below: No sales. 107% la taken given below: No sales. r 5 11 July 18 5 "cum." cumulative, ••m." mortgage, 59% Mar. 22% Mar. 23 Mar. 78% July 27 11 8 8 14% July 9 101% Feb. 14 100% Jan. 13 20 29 24 17 39 22 "conv." convertible, X fix-dividend. 7 8 June 19% Jan. 19% Jan. 20 .Tan. 19 Jan, 9% Apr. 10 July 7% Jan. 7 26 5 7 20 1 6 30 44 "cow", consolidated. a Jan, Mar, 14% July 98% Apr. 98 May July July 20% July 25 July 20% July 10 July 10 July 10 July 14 23% July 17 July 99 July 10 July 7% July % July % July % July % July 16% 17% 99% 100 9 July 7 101 23 % July 16 28 22% Feb. 25 Jan. 16 20% July 28 20 July 25 23 % July 12 20% July 25 9% July 6 10 July 6 9 July 1 43 26 55 27 4 25 7 30 % 11 6 29 24 : 9 6% Apr. 14% July July 24 % % May 11 99% July 23% Sale 23% 25 16% 18 99% Sale 9 10 24 29 79% Sale 7Vs % 13 27 May 26 7 July 29 21% Feb. 5 80% Jan. 76 Feb. A nr. 68 14% July 99% July 98% July 79% Sale Argentina ♦7s stamped 53,000 ....1945 133,000 •Santiago (Chile) 7s 1949 •7a... J9M 50,000 30 Sale 13% 7% Sale % Sale % Sale % % % % ♦Rio de Janeiro 6HS....1969 ♦Russian 26 9 10 ♦Parana (Stateof). Bras 7s 88 No par value. n bold 1947 ♦Mtge Bank of Chile 6s.. 1931 Santa Fe (City) 20,000 ...1951 Mtge Bank of Bogota— ♦7s Issue of May 1927 23 26% July 26 July 11% 26 9 Mendosa (Prov) Argentina 22,000 Juiy 5 17% Jan. Jan. 65 99% 100% 99% ♦German Cons Munfc 7s.l947 f 6 Ha 71 80 27 28 '99% 52 s 12 75 70 97 5c Wat'way Bd 70% July 72 9% 25% 25% 1952 external 6 July 5 20% May 25 80 15% 166% 101 % 29 1 6 July 20% July ♦Gen* Bk of German State A 7 18 7 July 20% July 9% 21% 9% July 24% July 27 20% 24 23% July 23% July 75 70 69 24 24 20 26 Sale 24 18 30 7 Buenos Aires (Prov) 7 July 24% July 24 24 23% 23% 23% 23% Chicago Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON CHICAGO STOCK EXCHANGE Stock Sales 1938 July Shares Jan. 1 to July 31 AGGREGATE >' CHICAGO STOCK EXCHANGE July Jan. 1 PRICES IN JULY BONDS 1938 Bid 240 150 •' ' """290 Advanced 4,100 500 800 1,900 100 11,000 750 1,350 29,350 2,200 2,100 690 27,350 .* 47 44 430 Asbestos Mfg Co com 6 Automatic Products 12 % 7 30 1,100 310 52 60 16 8% 5% Sale 400 10% 15% 8 Sale 8% 7% 2% 7 18 187; 8X 78 51 10 8 3 * Sale 47% July 9 July OX Juiy 2% July 5% July 52 10 8 3% 8 9 Sale July July 8% July 10% 18% 9% 18 9X 56% 5% Sale Sale 58 65 9,400 2,450 "¥,866 1 Sale Sale Berghoff Brewing Co. 1 Blnks Mfg Co capital......1 ...... Laughlln Inc com ..5 common ...10 Campbell Wyant & Cannon Foundry capital 7% 10 18% 11 10 Sale 10% 2% 5% 9 13% 17 7% 9 11% Sale 9% Sale "9% 32 14 8% Sale 4% 6% 20% Sale 5% 6% 17 Sale Sale 29 '16" "l4 18 Sale 14% 16% 16 21 19 6% 7 8% Sale 5 6X 7X 8 7 7 4 % 12 25 12 8 Sale 7X Sale 7X IX 31 3X 3% IX Sale 6 X Sale 34 7% 160 Chicago Electric Mfg A • Flezlble Shaft com.5 470 2,350 Chic Rivet Ac Machine cap..4 760 Chicago Towel Co conv pref * "3", 166 700 550 Sale 47 *3% 8% 13% 10% 11% 12 Sale 8 12% Sale 5 6% 19% 20% 31% Sale 18 16% 21 19% 7% 7% 13% 25 10 2 ,680 7,250 Common capital...... • .... 380 Coleman L'p Ac Stove com. • I July 6% July 25 19 8X July 1 July 31 July 3X July IX July X July 2 July 8% July 1% July 33 July 4% July 1 % July % July 2% July 20 14% July 21 8 July 7 11% July 9 July 13% July 7 July 4% July 18% July 28% Juiy 16% July 19 July 6% July 8% July 14% July 11% July 12% July 13 July 21% July 8% July 5% July 22% July 33 July 17 July 19 July 8 July 15% July 3% Sale 3% 9 • * Consumers Go— V t c pref part shares 4,070 50 Com part sha v t c 1,550 A_._50 Common part shs vtcB..* 1,240 2,880 Container Corp of Am com_20 425 Continental Steel com..... 500 300 2,880 275 70 Preferred .......100 Cord 50 2,200 120 4,515 14,900 Corporation..........5 1,620 Cudahy Packing Co pref.. 100 11,350 Cunningham Drug Stores 2% 860 Curtis Lighting Inc com....* 14,425 Dayton Rubber Mfg com » 150 Fcr footnotes 550 see Cum dana A pref page 56. 35 1 8 48 Jan. 7 45% July July July 26 5 19 June 29 July 25 July 27 110 104% July 5% July 20 105 6 20 Sale Sale it* Sale .< -Ti. - - 4 Sale 9 July 3% July 8 July 22 July 12 6 1 2 9 July 4 July 10 July 24% July 12 16 19 19 16 July 18 18% July 25 22 Sale 21 13 12 Sale 55 12 19 6 24 11 July July July 2 19 1 22% 24 17% 8X 13X 50 Sale 55% 1 Sale 7 Sale Sale 30% Sale 5X Sale IX 93 X 7% 1% 91% 46 1% 7% 1% 95 Sale 4 5% 14 15 15 16 16 14% 15 2% 33% 14% 75% 1% Sale % July 6% July 1% July 92 July 30% July 4% July 15 July 14% July % H 2 Sale 30 15 Sale IX X X 99 X 61% Sale 2 Sale 1 % X 0% Sale 90 14% 25 67% Sale 2 n Sale 32 32 34 38 1 % 1 2% Sale 1% July 7% July 2% July 97 July 50 July 5% July 16% July 17% July 2% 26 X 33 98« 102 63 Sale 3% 3% OX 2X X 7 4 IX " 00X 15 13 3 7X 13 X 5 8% 22 June 6 Sale 9% 1% 15 Sale Sale 20 18% Sale 5% Sale 5% Sale 1% 5 1 1% 14"" "16 98 60% "66"" 14% Sale IX 2% 9% Sale 18 21 10 June 3 3% 35% 5% % Apr. 9 Apr. 28 Mar. 26 June 13 Apr. 1 Mar. 23 27 Mar. 29 45 1 Mar. 31 Apr 20 5% Jan. 4 6 May 31 60 63 9% 9% JX 1% 17% 21 26% Sale 8 5% Mar. 31 17% Mar. 31 10 July % Feb. Apr. 18 9 1 Mar. 30 41% Mar. 31 1 Mar. 26 Mar. 30 12% June 16 July 2% July 33% July 20 25% Mar. 31 16% Apr. 19 80% July 1% July 19 5 38% Jan. 3 % Mar. 30 9% July 29 10% July 102 July 11 103 July 59 July 22 63 July 19 28 1 % % 5% 96% 57% % Feb. 24 X June 14 1 % Mar. 30 Mar. Jan. Mar. Mar. 15 15% July 9 90 Apr. 28 25% June 15 2% Apr. 16 10% July 5 1% July 25 21 Juiy 22 27% July 13 10 12 July 30 May 16 Jan. 12 Jan. 15 33 July 25 17 July 27 22% Jan. 11 % June 1 2% May 26 8 9% July 27 1% July 20 July 21 26 July 29 Jan. Jan. 6 % Mar. 10 % 103 13 13 27 5 6 21% 8% 6% 22% June 24 12 7 21 19 14 16 17 15 21 12 Mar. 30 14 9 Jan. July Jan. July Jan. 8% Mar. 30 5% Mar. 31 4 Mar. 25 12% Mar. 29 16% Mar. 31 1 1 10 19 4% 1% 2% 2% 14% July 11% July 5 1 20 10 2% July 32 July 67% July 1 July 8% July 1% Jan. 13 6% June 16 10 7 17 7% June 21 ■8 13 19 36% Jan. Mar. 26 Jan. 27 July 25 6% Jan. 10 36 June 1 % June 2 1% Mar. 29 12 27 14 22 62 2% June 13 1 97% 65" Sale" 17 1% % 8 26% Sale 17 7 31 3 % June Sale "lX "1% 12 % Sale 25 76% Jan. 8 . % July .% 8" July 12 July 56% July 35 4% 27 - 11% 18% 9% July Jan. July Jan. July Mar. Mar. 26 8% Jan. 27 26 19 25 8 Mar 12% Mar. 31 7 i 10% Mar. 2 15 21 12 20 25 30 ~ 19 19 52 4 21 34 14% ii 36% Apr. 1 7% Jan. 26 4% Mar. 30 26 22 6 10 225,310 Comm'wealth Edison com..25 Rights 1,231,100 18,430 Compressed Ind Gases cap..5 29,100 Consolidated Biscuit com.. 1 1,450 July 25 July 7 July 27 July 5 July 22 July 26 July 13 July 18 22% Sale X Sale 2 Partic certificates I....100 Part certificates' 2" 100 93,500 Cities Service Co com New common....... 10,250 2,550 Club Aluminum (Jten Co 130 36,250 " 19 20 IX *13% "14" 95 X 4,181 Chicago At N W Ry Com..100 Chicago Rys— 120 100 44% Feb. 28 41% July 18 106 12 11% 21% 16% X 30 X 495 130 5 23 19 • . 2% 30 Sale » preferred.... IX 9 IX 33% 4% IX * Common 9,600 200 Participation preferred * 183,100 Chic Corp common........1 Preferred 21,650 390 26 62 Juiy 5% July 6X Sale 8X 9 IX Sale IP. 3 Bendlz Aviation Corp com..6 31,500 Chicago July July July July 53 Chic City At Con Ry— 21",800 Highest Sale Prices 49 Feb. 17 25 6% IX Basttan-Blesslng Co com * Belden Mfg Co common ..10 Preferred 50 Sale 5% 5 com com 2,670 Central States Pr At Lt pref.* 5,200 Chain Belt Co com ...» 2,150 Cherry Burrell Corp com...5 600 41% July 18 45% July 27 110 106% 106 104% July 20 105 5% July 20 5% 35 tAviation & Transport cap.l Prior lien 6 8 9 4 Bliss & 40% Sale 9% 10 X OX 7% 3 % Sale 6% Sale Athey Truss Wheel capital.. 4 com Cent 111 Secur Corp— Common 5,350 j Convertible preferred. 4,840 * 102,450 Central S W Util com ....50c 5,950 6,750 6 9 33 Automatic Washer 7% 46 47 % ...J * Associates Invest Co 1,050 Canal Const Co conv oref 8,600 Castle At Co (A M) common. 10 2,050 Cent Cold Storage Co com.20 12,020 Central 111 Pub Serv pref...* 730 Lowest Sale Prices 47 Feb. 4 53 v 105 1 com 12,010 Burd Piston Ring com ...1 81,900 Butler Bros common 10 9,450 5% convertible preferred 30 430 Highest Sale Prices * Equipment Corp 40 Bunte Bros 1,000 pref — ______ 100 conv 1,200 Brach Ac Sons (R J) capital..* 2,700 Brown Pence Ac Wire cl A • Common 7,600 1 23,750 Bruce Co (E L) com ..5 50 Bucyrus-Monighan cl A * 1,750 6,400 l",850 44 114,900 Borg-Warner Corp common.5 150 100 ~ 10 $6 prior preferred Aro 1,650 4,050 13,400 15,350 74.215 30,800 3,750 20,650 2,100 5,800 54,850 5,200 6 5 300 Backstay Welt Co com......* Barber Co (W. H ) com 1 Barlow & Seellg Mfg A com..5 50 650 5,150 18,850 Castings Common 3,350 14,350 4,810 8,050 3,500 4,050 25,850 Lowest Ask Ask Bid 50 Aetna Ball Bearing common.! Allied Laboratories com * 50 150 Alum 2,760 American Pub Serv pref..100 5 86,880 Armour Ac Co common 20,800 48 45 com * Adams (J D> Mfg com.. ...» Adams Oil & Gas Co com...* 190 Altorfer Bros ' Bid 43 Abbott Laboratories 2,100 1 1 Par. 950 Allied Products Corp cl A.25 400 RANGE SINCE JAN. Sale Prices July 30 July 1 Ask 42 1938 STOCKS 15,300 .2,150 28,300 13,850 6,550 2,180 170 4,050 3,100 1,850 V .r- ' W Side El 1st 4s Shares 2,250 $28,000 1927 3,000 Met Shares :, 1927 Chicago City Ry 5a •c Cal & So Chic 5s ctfa Certificates of deposit... 13,000 27,000 Chicago Rys 5s ctfs ..1927 45,000 Com'wealth Ed 3%s 1958 3%s series I 1968 4,000 • July 31 Jan. 3 $6,000 26",000 Jan. 1 to 1937 I $75,000 96,000 — Price Since O;'-. 45,000 4,000 2,000 ,1938 — — VI In % July-. 764,000 9,235,000 5,311,000 SALES Bond Sales 1937 872,000 25 June .24 July 5% Jan. July 12 15 19 24% July 29 18% July 25 1% Jan. 15 25 Jan. 10 14 Jan. 4 57% June 23 1% July 22 7% July 23 4 2% Jan. 97 Jan. 6 50 July 25 1 5% July 16% July 20 21% Jan. 17 % Feb. 24 % Feb. 28 2% Jan. 11 Feb. 24 18% Feb. 80% July 1% Jan. 34 14 19 10 % Mar. 8 % Jan. 14 10% July 19 28 Apr. 103 May 70 Mar. 2 7% May 1% Jan. July June 9 Jan. 3 10% May 10 June 21 17% 6% 15% July 27 5% July 1 19 10 12 5% 3% 1% 14% 15% 11% July 3% July 3% 1% 4% 15% 17% 16 18% 3 July July July July July July 6% Juiy 2 July 17% July 18% July 15% Sale 2 3 13% Sale 21 26 63 July 14% July 1% July 9% July 21 July 2 1 11 8 8 73 30 Jan. Mar. 28 May 11 June 46c June 25 Jan. 1 12 6% July 20 2 20 12 15 4 Feb. 24 18 1% Jan. % Feb. 2 14% July 2 28 7 21 —98 53~" "73"" June 20c 16% 6% 14 22 July 18 16% July 21 3 July 25 14 July 26 22% July 9 May 3% Mar. 10 7 Mar. 30 97% Jan. 7 1% Mar. 26 48 May 2 11% Apr. 1 1% June 24 5% Mar 31 20 Jan 28 12 11% July 15 3% July 18 2 July 28 7 17% July 18% July 21 98 Jan. 2% Jan. 73 July 16% July 3% Jan. 14 26 12 18 21 28 July 26 22% July 9 CHICAGO Aug., 1938] AGGREGATE SALES PRICES IN JULY CHICAGO STOCK EXCHANGE July Jan. 1 STOCKS 1938 Par Shares Decker 3,200 200 20 50 110 1° 100 Common Preferred * * 5 1,060 Dexter Co (The) com.. * 4.880 Dixie-Vortex Co com.... Class a * 1,770 4,315 Dodge Mfg Corp common...* 2,700 Eddy Paper Coro (The)— 27,390 el Household (Jtil Corp..—5 10,100 Elgin Nat Watch Co......15 150 Fair, The common * 790 500 ... 365 400 4,550 1,700 2,950 800 3,050 4,550 800 14,650 4,900 1,150 "'450 st Dredge Co com.. ..... * Fox (Peter) Brewing com—5 1 Denver Co com....* Fuller Mfg Co common s3 cum conv pref........20 ■ 2,550 18,005 118,800 2,405 10,150 General Candy Corp a 5 General Finance Corp com..1 Gen Household Util com....* 30 370 Godchaux Sugar Inc cl b—* 130 Class a 1,300 1,550 6,400 * 10,700 Goldblatt Bros Inc com.. 7,500 Gossard Co (h w) com.....* * 40,410 Great Lakes d Ac d com ,; 745 2,365 T 130 2,730 Hall Printing Co com 10 450 Hamilton Mfg cl a part pf..l0 HarnlschfeOer Corp com..10 19,400 Heileman Brew Co g cap—1 2,400 1,500 Hein Werner Motor Parts..3 50 Heller (w e) preferred 25 510 Without warrants.. 5,250 • 950 Hibb Spencer Bartlettcom_25 80 250 1,160 2,950 . 2K 3M 50 75 18 HI 26 20 434 15 31 12 1654 334 22 6 16 35 14 1934 Sale 23 Horders 634 7 (Geo) com a..* • Class b 24.923 3,300 Hubbell, Harvey, Inc com..5 550 5,400 3.900 , 17,750 Hupp Motors 1 com 2 234 160 9 4 2 34 11 34 26 21 34 754 13 10 Sale Sale 15 ""loo 1,450 200 4,800 650 3,400 19,600 3,450 100 1,600 2,700 Sale m Sale 1,700 1,150 1,450 720 450 L 1,050 3,825 5,350 290 100 2,400 2,100 200 350 35,050 6,850 60 "7",750 48,650 23,100 2.040 10,050 680 2,070 210 220 290 550 Marshall Field At Co com—* Mer At Mfra Sec cl a com 1 100 Metrop Indust allot ctfs 36,015 Mickelberry's Food Prod coml 263,200 Middle West Corp capital 5 Stock purchase warrants.. 85,700 14,540 Midland Lai ted Co com....* Convertible preferred....* 19,560 1,720 Midland Util 6% pr lien..100 3,560 7% prior Hen...... 100 780 7% preferred a.........100 630 6% preferred a.........100 3,100 Miller At Hart Inc conv pref.* 550 Minneapolis Brew Co com—1 Sale 22 3% 20% Sale 22 7 234 834 6X 954 Sale 15 5 9 , 2% 12 52 954 2 X IX 8% Sale Sale 3 Sale 20 51% 9% 3 1% 13 5% 9% Sale 12% 12 334 July 18 July July 9 6 534 July 1534 July 32 July 1434 Juiy 21 July 4 ' July 2154 July 2b 20 13 21 9 8 18 1434 July 28 31 July 1 12 July 27 20 July 7 3% July 1 20% July 20 July July 4% July ; 3X 1% 1934 - "1534 Sale 8X 834 534 934 254 1434 Sale Sale 2% July 1% July 1 5 Modlne Mfg com • 950 Monroe Chemical Co com...* Preferred * 490 5,000 200 220 60 Mountain States Power pf. 100 400 Muskegon Mot Spec class,4a"* 900 150 1,000 1,740 1,400 3,310 9,110 3,730 300 Nachman Sprlngfllled com.* 12 * Nat'l Pressure Cooker Co...2 Nat Republic Invest Cumul. conv. 25 Jan. 6 634 Jan. 1654 Jan. 18 31 13 8% 19 8% 1934 V 8% July 7 July 28 30 8 9 7 X Mar 30 1034 Mar. 31 8 6HI 434 Sale 5 7X Sale 7 7 1734 1734 2634 24 Sale 35 16 1734 24 42 34 16 8 34 10 Sale 11 134 Sale 6X 7 20 15 Mar. 28 20 434 Apr. 434 July 36 11 13 17 X 21 11% 2034 39% 13 22 1034 Sale 1054 nx % Sale 6X 106% Sale Sale Sale 22 j- 4% 4X 9X 534 15 Sale 11% IX 12 Sale 6% 107 134 Mar. 28 75 78 4% 1 I* 20 23 20 X 34 40 Sale 35 40 15% 4% 8% Sale Sale 80 26X 59 954 3X 1 2X 29 X 3% 17 X 7% I* 10% 3% \V* 2% 35 nVA 78 30 70 75% 10% 10 4 Sale 1834 21X 3 5 Hi Sale 134 IX 26 Sale 23 Sale 2 Sale 34 Sale Sale 3 Sale si* 13% 6 23 X X 14 3% Sale 2% 13 27 X 2134 1034 Sale 4% Sale 23X 26 14 12% 434 24% 3% Sale 3% 7 Sale 6% Sale % % X 4 1% IX X Sale 7 % X % Sale % 21% Sale 4% 25 % n 6% "' Sale Sale sf 2X 1 1 } 7 elf 4% 3% 3% 2034 35A 21X 5 24% 39$ 40X 35 3 2434 4% 38% 24% 5 4034 1434 4 Sale 7X 20 10 1434 20 6 22 X 7 7% 3 8 Sale 7 4% 6 26 8% * 7 750 8,050 4,100 Common stock..........10 20 X June 13 Mar. 31 6 1034 July 19 July 734 July 734 July 8 5 8 7 13 5 ' Mar. 30 Mar. 28 534 Mar. 23 5 34 Jan. 27 July July 20 25 4 Mar. 30 Mar. 30 Mar. fH 7 3 54 2734 334 2234 154 1 July 1 Juiy July July July Juiy July 11 834 July July 54 July 1 1 30 1 1 , 14% July 5 July 25 July 25 18 13 434 754 ,134 r 34 July 134 154 X 54 654 354 1234 July 21 July 9 34 July 13 July July July July 634 July 22 July July July July 4 25 20 23 21 15 18 26 19 28 26 1 19 19 25 27 2 1034 July 1 434 July 1 24 J4 July 22 334 634 54 34 23 25 11 27 July July July July July July 11 834 Jan. 11 734 July 5 29 24 July 8 7 July 1 6 1 July 2 19 29 Jan. 10 5 7 Jan. 15 7354 July July 2434 July 5 July July 25 834 July July 754 July 19 154 July Mar. 30 534 Mar. 26 26 27 25 1 7 8 35 Feb. 20 Mar. 18 Apr. 27 534 Mar. 31 3 34 June 9 % Feb. 21 >3 134 May 27 Mar. 22 16 234 Mar. 31 1554 Mar. 21 634 May 28 6 Mar. 29 2 Apr. 24 34 Mar. 2 Mar. 1 25 5 1634 Mar. 28 1% Apr. 1 2454 Mar. 31 534 Mar. 25 Apr. 20 34 Mar. 22 18 Jan. 19 534 Mar. 30 2% Mar. 26 1954 Mar. 25 16 Feb. 11 154 Mar. 31 434 Mar. 31 % Mar. 30 34 July 12 24 Feb. Feb. 4 May Apr. July June Apr. 18 Apr. 254 May 20 27 23 2 14 1 6 3 9 Mar. 28 1 15 40 18 10 25 26 3 31 31 3 X X 654 234 5% 4 rl July 30 1434 Mar. 4 July 3934 July 434 Feb. 234 May 12 34 May L054 June 1534 Mar. J5 May 5 23 18 11 7 1,450 ""166 5,600 650 270 2,130 31,450 Noblitt-Sparks Ind Inc cap. 5 6,450 North American Car com .20 50 Northern Paper Mills com.* 1,400 North 111 Finance com..... .* 31,550 Northwest Bancorp com * 1,910 Northwest Eng Co com 780 3,600 Nor West Utll pr 270 40 19 Sale 18* 22% 2X "7" Sale" Sale 2% 1 25 2X 2234 1% June 29 1534 Mar. 30 11 Apr. 11 35 7 20 Apr. 2 Mar. 29 Mar. 22 4 4 54 June 27 1934 July 54 July 25 July 134 July 19 22 13 34 Apr. 13 22% iso 8 11 15 2h 2134 July 234 July 2634 July 334 July 25 21 12 15 15 19 1634 July 20 1934 July 25 15 July 22 1934 July 25 5 % July 2634 July 13 July 54 July 9 16 7 July 2634 July 16 July 54 July 29 21 7 1 14 16 7 13 44 28 1534 1754 15 11 15 10% 16 105 7% 20 5% 7 27% 7 754 17% Sale 10034 105 15 10 X 1 X Mar. 24 834 Mar. 17 Mar. 30 154 Apr. 29 10 1234 July 20 7 754 July 1534 July 26 43 July 25 1834 July 25 July July July July July 12 32 Sale 105 8 18* 13 32 * 100 Sale Sale 12 34 16 6 12 7% Sale 10 X Ontario Mfg Co com........* 20 13 32 7% preferred 19% % 10 lien pref.iso 50 Nunn-Bush Shoe com. 569 Omnibus Corp v t c com 30 Okla Gas Ac El 7% pref ""569 18X X Feb. 19 12 Apr. 14 5 Mar. 29 834 Mar. 31 5 1834 Apr. 8% Mar. 30 10 May 25 1634 July 20 96 480 Common 90 130 Convertible preferred... 150 1,000 1,100 Parker Pen Co (The) com..10 10 535 Pea body Coal Co b com....* 16 preferred..........100 31 10 "Y266 1,150 1,011 300 350 650 6% 800 For footnotes 120 Poor & Co class b 6,000 Potter Co (The) com see page 56. 17 % Sale 50 14 1434 3% 5 35% Sale 23 2434 3% Sale % Sale 3,650 Penn Elec Switch conv a.. 10 4,450 Penn Gas Ac Elec a com 1.881 Peoples Gas Lt Ac Coke caplOO • 2,350 Perfect Circle (The) Co 5 2,880 Pictorial Pap Pkg com 1 7,750 Pines Winter!ront com 120 __ 26 — IX IX % 6% 7 26 X 2734 14% 17 31* 50 1354 4 1454 454 34 35 25 "29 2% % 10% Sale 4 1134 134 18 1 22 July July 22 July 24 July 1 3% July 1 54 July 1134 July 26 7 1 July 13 4 33 1i 1434 434 3634 2634 July July July July 4 Juiy 134 July 1254 July 154 July i k 1854 2354 4034 534 8f* it* 12 5 19 15 18 28 Jan. 17 7 July Jan. Jan. 19 13 July July 23 Jan. 5 July 11 Jan. 13 Mar. 9 4 J an« 5 2234 Jan. 14 ii July 26 9 Jan. 11 454 July 28 3134 July 26 Apr. 28 21* 3i* Jan. 10 July 19 July 25 1434 Jan. 10 31 Jan. 18 134 Jan. 11 19 Mar. 22 1454 July 25 5 July 18 25 Apr. 22 16 Feb. 434 July 754 July 2 Jan. 11 7 2 10 5 54 Jan. 634 July 22 May 1 2 2 Jan. 134 Jan. 154 Mar. 7 July 4% Feb. 734 Feb. 2734 Jan. 5 July 4134 Feb. 1654 Mar. 13 Apr. 834 Mar. 25 July 754 July 19 10 12 18 1 23 12 26 21 21 26 1 1 7 634 Mar. 22 154 July 15 25 July 134 July 934 Mar. 2634 July July 130* Feb. 19 22 2 25 21 19 1234 July 20 854 Jan. 15 July 26 It* IS* July 25 May 10 May 25 1934 July 25 Jan. Mar. 29 100 1934 July 3 25 554 Apr. 22 May 12 July 18 54 Apr. 21 40 Apr. 26 11 Apr. 1 3 June 21 24% Mar 23 8 17 May 27 Mar. 29 X Mar. 281 1134 July 26 54 May 12 17 Mar. 26 2734 Feb. 13 3 1 134 Mar. 24 334 Feb. 18 32 July 21 26 22 21 18 Jan. July July 934 Feb. Oshkosh b'Gosh Inc— 90 r Mar. 31 110 )0 54 July 14 19 4 Mar. 30 1 July July 14 21 % June 13 22 22 1 July July July 22 35 May 26 7 1654 Jan. July July 2 5 19 26 18 28 19 7 7 1 1 * Mar. Jan. 534 July 1754 July 1734 July 2354 July July 40 454 July July 81 July 2834 July 65 July 1054 Juiy 434 July 134 July 2% July July 32 4 ' Juiy 20 July 11 July 8% July 454 July 3134 July 334 July 2454 July 234 Juiy 38 July 454 July 16 July 19 14 July 12 22 July 13 38 July 29 3% July 27 754 July 25 7934 July 29 5 2534 July 6 60 July 8 934 July 354 July 11 % July 16 234 July 28 3054 July 18 354 July 13 20 July 18 20 2034 Mar. 4 4534 Feb. 18 July 26 19 19 20 30 25 7 2 2354 July 5 July 7354 July 13 July Jan. June Apr. July 12 5 21 1034 654 834 734 734 1554 July 7 19 110 July 834 Mar. 31 July July July 8 15 2 2334 Jan. 11 854 Jan. 12 1934 July 27 35 5% Mar. 31 19 July 10 10 26 30 4 23 12 . July 134 July 8 5 24 12 26 Jan. 1554 July ; June i Jan. 12 21 1634 170 Nineteen Hundred class b..1 "8", 166 Sale National Union Radio com..l Jan. 13 National Standard- 1,150 July 29 Mar. 16 June 7 Jan. 11 17 3 34 Jan. ........ 834 654 1134 254 Jan. 4X 24 14 28 32 23 12 Jan. July 18 Sale 7 634 Jan. 1 1 27 33 % 24 Feb. 8 1 35 40 10 33 32 17 5234 Jan. 1034 July 4% Jan. 2% Jan. 1534 Mar. 1034 July Juiy % July 11 754 July 11 7% Sale 35 30 40 9 Sale IX Sale Sale •2X 4% 20% 23 7% 4% 2% 30% 3% 3% 80 25 27 X 3 X if* ...* 1 \ Sale 4 20 Sale 7 4 3% 434 Jan. 16 26 19 6934 July Sale 3% 12 11 Mar. 26 1234 Mar. 29 13 Feb. May 20 May 24 June 6 May 28 23 25 6 7X 4 Jan. 1434 Jan. 21 10 1134 July July 20 22 24 7 18 20 18 634 July 109 % 106 % July 5% 18% 16% 22% 15% ::::: 6X July 5% July 7% 21% 4% 34 28 Mar. 23 8 24 40X Jan. 3 7 Sale 7% 26% 61 234 Mar. 29 6% 10 23 Trust— pref. Stamped Feb. 21 Mar Juue 47% 854 2J4 % 35 134 National Battery Co pref 8 20 July 8 334 June 9 May 23 29 May 24 19 7 20 15 250 Minn's-Moline Pow Imp com.* ""550 Feb. 8 13 July July July July July 1034 July 334 July 154 July - 18 19 13 1634 July 854 July 1934 July July July 15X July 8% July 17% July "i<tt"iox 334 July 154 Mar. 29 12 12 35 33 18 7% July July 9% July 2% July 4% 9% July 10 6 20 Prior preferred.. 21 5% 10 5,250 Le Rol Co common 13,975 Llbby, McNeill At Libby * 14,750 Lincoln Printing Co com ...* 720 $3.50 preferred • 2,400 Lindsay Light & Chem com 10 • 17,300 Lion Oil Ref Co com 7,050 Loudon Packing common...* 2,200 Lynch Corp common ......5 132,520 40,600 1,050 13% 16 8 pref. 50 100 Rad At Mfg "a" • 740 McQuay-Norrls Mfg com.... * Manhatt-Dearborn Corp com* 140 Mapes Cons Mfg capital....* 33 11% 7 6% preferred......... 2,090 McCord 31 15 20 934 1 * 12,800 5% 14 5 780 Lawbeck Corp 6% cum pfdlOO Leath & Co common * 560 Cumulative preferred....* 10 2,100 5 12% 16 2% July 45 HX 1934 Highest Sale Prices 13 18 3 X Lowest Sale Prices 19 23 7X 8,400 20 . —. 834 6,010 Ken-RadTube Ac Lpcom a * 18,600 Kerlyn Oil Co common a...5 11,850 Kingsbury Brewing Co cap.l 5 9,000 La Salle Ext Unlv com 30 ■ cum . Sale 31 Highest Sale Prices 53 17 24 § 7 100 2,350 Kentucky Utll jr 40 650 27 Hi Sale 6 54 • com Preferred 53 < 6 950 Joslyn Mfg & Supply Co com 5 510 3 534 Jar via (w b) Co capital.....1 Jefferson Electric Co com.. 15,700 Katx Drug Co com.. 19,010 Kellogg Switchboard 240 360 Iron Fireman Mfg Co v t c 334 6 4 1434 30 70 Interstate Power $7 pref....* 270 $6 preferred ..._...* 550 , Lowest Ask 17 "21" 14 18* 65* 10 11,860 Illinois Brick Co 3,450 Illinois Nor Utilities pref. 100 4,400 Indep Pneum Tool ▼ t e....* 1 4,700 Indiana Steel Prod com 160 Inland Steel Co capital * 540 234 2734 5 Houdaille-Hershey— 19,163 1 Sale Prices July 30 Ask Bid 9 Inc common.......* Hormel At Co July 1 Bid 6 Four-Wheel Drive Auto—.10 8,550 Gardner 850 , Ask Ac Connell Dock Fits Simons 400 Bid (Alf) At Cohn— 170 Deep Rock oh coot pref 360 De Met® Inc pref 220 RANGE SINCE JAN. Price Since : 55 EXCHANGE Jan. 3 In Shares STOCK 15 June 25 13 Apr. 26 1454 Mar. 11 1 Jan. 40 f9% Jan. 5 3634 July 26 29 Jan. 4% 134 1254 134 Jan. Jan. July Jan. 10 10 12 21 13 STOCK EXCHANGE CHICAGO SB PRICES IN JULY CHICAGO STOCK EXCHANGE SALES AOamOATB Since July Jan. 1 Shares Snares STOCKS 150 ,50 250 8,650 2,700 , 440 99 ; Lowest 92* July 92* July July Sale Prices * 16 16 7 25 23 19 105* July 102* July 3 July 81 82 104 143 145 202* 3** 1** Sale 222* 222* Sale Sale 12 125 146 98** 100 Sale 126** 142 17 17 H 2X Sale H Sale OX 12 ........100 Preferred 170 20 r XX 9,950 Quaker Oats Co com........* Preferred.... ...1*0 1,920 10 1,350 Rath Packing Co com 15,100 Raytheon Mff Co com rtc 50c 7,550 6% preferred ▼ tc ....5 2,930 Reliance Mfft Co Common. 10 240 1 Sale 32* 12* 132* 96 95 100 6 105 2 146 992* July 143 July 222* July 32* July 2* July 12 July 95 July 24** Sale Sale 15 Highest Sale Prices Sale Prices Highest Sale Prices 9** 9** 2** , 82* 2** "X """2* 77 70 98 X ......-60 Common Lowest Ask Ask Bid 9 5 5% 1st preferred..„w 4,190 Process Corporation com...* * 130 Pub Sen of Nor 111 com 1,050 i Pressed Steel Car common..1 5,600 150 Bid Ask Bid July 30 July 1 1938 Par 5,600 2,750 RANGE SINCE JAN. Price Jan. 3 In 1 25 16 16 16 14 14 102* July 25 102* July 23 3 July 812* Jan. 74 Apr. Mar. 31 105 Mar. 28 146 85 July July 232* July 42* July 12* July 22 92* July 92* July J* Mar. 74 Apr. 74 Apr. Jan. Mar 31 3 Jan. 1 132* July Mar. 29 6 96 July 5 12* July 242* July 272* July July 6 6 14 29 28 99 July July July July July 26 26 July 13 Jan. 232* 42* IK 132* 6 19 4 26 Rollins Hos Mills- 350 - , 850 2,250 3,567 7,100 40 550 , 290 .2,200 Common. 20 H 26 360 Sou Colo Power A 10 20 30 790 1,150 2,600 10,550 Standard Dredge conv 21,150 2,308 m 24** 18 14 16 14 Sale 2** 3** 95 105 808 11** 16** 5.037 390 Ward 10 520 1,600 6,300 9 • 80 Sale 80 Sale 22* 42* 22* 42* 12 12** 4 3 62* 52* 32* 7 12 \lH 27 Sale 28 4 ** 162* 78** 4** 4 ** 4** 162* 17 Sale 79** ,832* Sale 86 4 4** 122* Sale 93 Sale 17 14 73** 2 12* 152* 37 * (Montgom) Ac Co cl A.* J* JW Sale 102* 2 July July July July July July July 80 4** 42* 42* 4** Sale,, 42* 76 4 4** 12* 182* 1542* 112* July 76 July 5 12* July 23 24 2* July 26 272* July 19 132* Jan. 11 75}* Jtily 25 52* Jan. 11 282* Jan. 14 172* Jan. 10 13 Feb. 21 182* July 26 22* Apr. 18 102 July 26 2* Mar 182* July 15 4 Mar 62* May 472* Mar. 2 Mar. 20 June 82* Mar. 10 May. 132* Mar. June 1 90 Apr. 72 Jan. 77 July 58 Jan. 65 June 72* 12* 22* 102* Mar Mar. Mar. Apr. 142* July 32* Jan. 52* Jan. 122* Feb. 32* June 62* Jan. 3 July Mar. 4 15 17 17 19 July 25 29 222* Mar. 52* July 19 July 21 July 25 July 19 July 28 2* June 28 31 3 30 22 29 18 29 29 172* 862* 942* 32* 2 Feb. 25 18 Jan. 14 372* Feb. 18 17 Mar. 23 l 12* July 6 10 2024s Jan. 11 7 8 1542* July 25 122* Jan. 15 3 24 792* Feb: 5 July 25 25 132* June Apr. 92* June 732* Mar. 22* Mar. 126 July July 14 15 11 28 27 Jan. 13 Mar. Mar. Feb. Mar. June Mar Jan. Mar. 14 2* Mar. 362* Jan. July July July July 25 15 192* July 72* Apr. 32* 14 2* 632* 77 2* 2* 2* 12* 162* July July 162* July 150 July 102* July U 76 11** 76 32* Williams Oil-O-Matlc com.. 2u 19 July 26 July 25 July 13 July 22 July 8 July 7 July 26 July 25 July 26 July July July 14 July July 20 July 25 July 26 July 19 July 29 July 19 July 25 52* 172* 862* 94 2* 32* ,2* 1 151 140 102* 682* .* Cum prior preferred......* 12* 23 ... A*« 17** sale Sale 162* 42* July July July 11 862* July 2 July 1 2* July 28 12* Juiy 28 162* July 28 23 162* 39 29 16 2X .12* 1 78 H 2 23 P 1 262* July 92 22* 262* 19 July 17 192* 282* 87 ... 150 com 162* July 22 182* 12* July 25 JX 992* July 18 102 5 74 77 July 8 65 July 65 2 12J* July 142* 22* July 27 22* 42* July 28 ■;?v5m":. 11 ii July 25 15 3 July 32* 52* 52* July 19 5 92* July 112* 8 12* 1002* 102 I 9°A 1 Inc 12 18k 3** 5** .....* 3,210 1,600 Wleboldt Stores 450 142* 18 17** Sale i3*i Utah Radio Products com..* 3,450 Wahl Co com 25,387 Walgreen Co com 600 L 15 14 5,900 Utility 8c Ind Corp com.....5 Convertible preferred....7 10,360 i' 660 Viking Pump Co common...* .50 Preferred...............-* . 14 11 12** 71 2 222* "662* 7 92* Sale 162* Sale 22** 232* 5,010 Thompson (J R) com......25 14,100 Trane Co (The) common..—2 2,157 Union Carbide & Carbon cap* 324 U S Gypsum Co common 20 45,500 6 B8 12 28 65 Sale ""5** ...... 156 July Sale 3 1 23 77 400 Stein 8c Co (A) common.....* 19,400 1,600 1,300 20 27 712* Sale 63** 12** 2** 76 60 1,250 Sterling Brewers Inc com— .10 3,800 Storkllne Pur com 10,150 Sunstrand Mach Tool com..5 51,127 Swift Ac Co cap stk........25 17,060 Swift Internaclonal.....—15 1,810 3,100 1,268 5 Sale 50 2,850 8,735 3,270 27 Sale pref20 1,150 50 July 92* July 652* July 22* July 22/- July 152* July 22* .......1 Common.. 25 122* 72** 67 70 * St Louis Nat Stockyards cap 25 11 17 13 Standard Gas & Elec com.. - 24 Sale 662* 55** 23 690 Southw G&E Co 7% pref.100 280 Southwestern Lt 5c Pow pfd_* 230 22 Sale 9** Sale 4 25 common. 18** 12* July 18** July 13 54 Sale Sale ISX 25** 26** 11 5,900 Sangamo Electric Co com—* 9,700 Schwitzer Cummins capital. 1 15,117 Sears Roebuck & Co com....* 20,850 Serrlck Corp cl B com 1 840 Slgnode Steel Strap Co pf.30 Common ........* 2,570 780 Slryer Steel Castings com...* 7,950 South Bend Lathe Wks cap 5 ■IX IX Sale 1 .......1 400 Ross Gear 8c Tool com .* 33,790 9,840 Wisconsin Bankshares— .... 150 1,213 52,100 • ,i No par value. x York were limited to Sale 2 10** 172* Sale British India $100,000 from Australia. On the West Coast, however, $28,800,000 was received from Japan, $2,500,000 from Aus¬ and $1,200,000 from Hongkong. There was also a gain to the gold stock through the release of $2,200,000 from the Federal Reserve Bank through receipts of newly-mined and scrap gold. As a result of all these transactions the gold stock increased approximately $00,000,000 during July." Canadian exchange during July showed a steadily dimin¬ ishing discount range in terms of the United States dollar. Montreal funds ranged between a discount of 31/32% and a discount of 15/04%. foreign earmarked holdings at New of York and French francs were OTHER FOREIGN EXCHANGE relatively steady in July. factors contributed to the improvement cial in outlook. Among them the European political the adjournment 5 7' 2 2* 252* July Jan. 10 July 25 July - 5 Jan. 12 252* July 7 52* 52* 22* 122* 32* May 27 22* Mar. 30 12* May 3 8 Mar. 26 9V£ Mhv was Several in the French finan¬ tension lessening of the situation, greater internal quiet, of Parliament until November, and a 27 question of devaluation or monetary manipulation." French , francs sold July 1 at 2.78% @2.78%, and on on July 30 at 2.76@2.76%. Belgian exchange was exceptionally steady in July, although ruling somewhat earier in terms of the dollar as belgas, like other Continental currencies, were inclined to move in sympathy with the lower sterling quotations. on July 1 at 16.95@16.95%, and Belga cable transfers sold July 30 at 16.90%@16.91%. Italian lire continued steady by reason of the strict con¬ trol exercised at Itome. Cable transfers on Rome sold on during the month between 5.26% and 5.26%. German marks showed no changes of importance. Sokept by the Reichsbank control in close relationship to sterling. The Reichsbank statement disclosed no significant changes during the month. called CONTINENTAL AND 22 2 25 5 19 is not and cannot be 17) page $1,000,000 from and tralia, kk* 19* 52* July 52* July Juiy 112* July 42* July 2 2* July 92* July 172* July 32* 21 Sale 42* July 42* Sale 5 2** 22* t Formerly the CJord Corp. Ex-dividend. (Continued from , New 42* Sale 3 3** 1** IX 9 10** 13** Sale Common 19,700 9,750 Woodall Indust com........2 4,400 Yates-Amer Mach cap......5 5,216 Yellow Cab Co Inc (Chic)..* * 125,620 Zenith Radio Corn com— 3,250 2,950 free or gold marks were The last available statement of the Reichsbank showed gold holdings of 70,773,000 marks, with a reserve ratio of 1.27%. The statement of the Reichsbank affords no reliable index of the gold held in im¬ out The outlook was further 75,000,000-guilder loan in the interest of the Ifrench railways. Germany. Competent observers pointed of Germany's gold holdings at the end provement in the import balance. brightened by By a a decree which became effective on 29, June open market operations were authorized for the Bank of France. dClie Bank was securities which empowered to buy and sell short-term public are not quoted on the Bourse, such as Treasury bills, national defense bonds, and national rail¬ way bills, in addition to private bills which are eligible for discount. The limit and nature the general council of these operations were fixed by of the Bank of France, and the Bank was formally forbidden to transact them directly with the Treasury or with quasi-governmental corporations issuing the bills. By this means it was hoped to prevent open market policy from being employed as a method of supply¬ ing the Government with cash by means of direct sales to the Bank. in of , / ; : The French national defense fund, which was organized June to finance French armament, announced an issue 18-month , 3%% , bonds on July 18. No limit was set upon «the amount of the new loan, but the French banks subscribed to 5,000,009,000 francs. The success of the loan was due in part to the fact that it denominations and was offered in small subject to the benefits of the new rediscount policies of the, Bank. A. statement-'by the Ministry of Finance on July 17 asserted: "We was add the French Government's categorical denial to authoritative statements made last Week of two States which France is linked in the on behalf (the United States and Great Britain) tripartite agreement. with There that on the basis of 1929, adjusted to reflect gold imports and exports, plus the gold of the former State banks as well as gold citizens, not less than 1,000,000.600 held in Germany concealed under disguises. The so-called free or gold mark was quoted at 40.27@40.29 on July 1, and at 40.17% @40.20 on surrendered by German marks of gold must be various July 30. Exchange in on the countries neutral during the war was steady, though moving down in terms of the dollar owing to the lower quotations for sterling exchange. general Holland guilders and Swiss francs showed a tone in reference to the dollar because of there was a noticeable movement funds into American securities. of slightly easier the Swiss and fact that Holland While investments of Hol¬ landers in the United States are not as large as they were a few years less than such ago, they were estimated early in July at not 1,200,000,000 guilders, an amount which equaled investments in all other countries With the exception of the foreign colonies of the Netherlands, placed at approximately 4,100,000,000 guilders. The Bank of ; The Netherlands statement carried gold holdings at 1,480,700,000 guilders. ratio of gold to total sight liabilities stood at which for were July 25 The Bank's 79.7%. This statement also disclosed an increase of gold held abroad under earmark of 30,000,000 guilders. The earmarking was probably in connection with the guilder loan made by Holland bankers to the French railways early in the month. Guilder cable transfers sold on July 1 at 55.35%@55.37%, and on Julv 30 at 54.88%@54.91. Swiss francs sold on July 1 at 22.94%@22.95%, and on July 30 at 22.91%@ (Continued on page 57) RANGE OF PRICES ON 1937 65,696 345,771 Shares. 40,083 521,420 July 31 AGGREGATE July 31 Since July Jan. 1 BONDS Ask Bid Ask Bid Bid Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices July 30 July 1 1938 BALTIMORE CITY BONDS— Ask 101 400 City 48 2d Water Serial__1947 400 City 48 Annex Impt_.__.1951 1,700 City 4s Paving. 1951 1954 1,500 City 4s Annex I 600 City 4s Public Park 1955 1955 1,000 City 4s 3d Water coup 300 City 4s School House 1957 2,000 City 4s Conduit 1958 2,300 City 4s Water Serial 1958 1,100 City 4s Dock Impt ' 1961 100 City 48 Jones Falls 1961 5,530 City 4s Sewerage Impt 1961 2,200 3%s New Sewerage Imp.. 1980 11,400 Atlantic Coast Line 5% ctfs.. flat.. 1975 591,700 Bait Transit Co 89,700 23 Sale 17 % Sale A 5s flat 1975 25 Sale 19% 20 B 5s 1975 168,050 16,500 30,900 2,000 10,000 1,000 1,000 36,000 Finance Co of Amer 4% ..1942 20,000 4% 1947 3,000 Fla Southern RR 4%____1945 1,000 Interstate Co 5% 2,000 5% 2,000 5% 2,000 5% 1945 STOCKS. Shares 220 327 2,356 1,407 573 19% July July 99% July 95% July 68 July ----- 80 96% VooM ioi" 99 95% 96 99% 99 % 99% 99% - 841 470 68 Class B 25 5 Guilford Realty Co com 5 17% 16 15% 23 —. ----- 18% 15% 380 Mfrs Finance 71 Sale 74 68 3,555 3,578 Mercto U\ 7' Monon W Penn PS 225 % 7 ----- Sale Sale Sale Sale % 6% 2* 16% % 6% % Sale Sale Sale 2 Sale 2 24% Sale 14"" Sale Sale 23% 216% 13 15 25% 25% 38 24 195 16,048 70,045 "10% Sale" 1% 1% 93% 97 % Sale Pref 100 164 100 11 Real Estate Trust Co 312 Seaboard Comm'I com... ..30 100 5% preferred U S Fidelity & Guar 294 Wtf&tern National Rank 6 3 Jan. June 42 42% 10% 1% 23% 1 % 41% 44 % 12% 1% 10 82 68 11% 1% Sale Sale 84 81 1% % Sale Sale 3% 67 67 65% 4 4% 18% % 6% % 2% 2% 26% 217 July July July July July* July July July July July July July July July July July July July July 14 25% 1% 41% 44 12% 1% 81 % 69 4 6 % 1% 1% 22% 215 13] Sale 20 321 34 12% July 25 July 2 13% July 6 --. 35 Sale — 16% 29% Sale July July July 8 Feb. 2 Mar. 11 May 10 May 4 July 21 Jan. 21 21 24 8 8 July 26 June 18 15 12 Jan. Jan. Jan. Jan. Mar. 31 May 18 June 17 11 10 Mar. 31 Jan. 21 Apr. 4 Jan. 1% Apr. 12 Jan. June 14 Jan. 35 20 13 26 Jan. June 13 May 13 Apr. 25 June 17 4 Apr. Mar. 30 11% Mar. 30 % Apr. 26 11 27 July 17 29 8 Jan. 21 June 16 Jan. 23 Jan. 3 4 Jan. 10 3 July 5 Apr. 22 Mar. 7 Jan. 21 2 12% June 2 July 8% Mar. 29 I July Jan. 6 I July 21 Mar. 18 Jan. 7 May 42% Apr. 28 7% Mar. 30 1 72 June %6VIar. 59% Apr. 3 May 64 12% 32% 14% 29% July 8 27% June 9% May 23 9% Mar. 11 1% May 10 4 42 May July July July July July July July July July July July July July July July July July July July 14 June 24 June 25 Mar. 31 75% Mar. 31 66 ..50 2 Apr. 14 July 19 Mar. 30 11 60 18 48"" "54" 30 100 • % 13 25 24 100 1 3,475 Owlngs Mills Distillery 2,245 Penna Water & Power com..* 600 Phillips Packing Co com * 900 20 Mills Com 100 18,387 New Amsterdam Casualty.. 2 41,615 North Amer Oil Co com... ,...10 975 Northern Central Ry 315 Sale % 2% 2% 23% 216% 15% Sale 190 National Marine Bank 17 6% 1 7% prof 25 25 100 18 8 9% ..... 2% Sale 2% Sale 1 ... & Miners Transp 162 Mt Vern-VVoodl Preferred 794 10 4,366 12,925 15% 50 35 10 40 _* 44 Mercantile Trust Co 563 10% July July July 14 July 99% July 3u% July 9% July 114 — 107% 109 31 31% 30% 29 36 9% - 7 101 100 Sale 92 114 8 Sale 15 17 Second preferred.......100 9 413 6% ..100 common »t. 1st preferred 7 Jan. 92% 55% 112% 4% 1 71,691 Mar Tex Oil Common class A 23,869 1,428 Martin (Glenn L) Co com 8,020 2,400 937 70% 115% 6% Sale Sale 65 114 100 1,040 9 Jan. 19 73% July 7 22 115% July 10% July 19 July 110 July 32% July 9% July 5 2,070 88 6 July June 16 % Apr. 28 % Mar. 31 9% Mar. 30 12% Mar. 30 72 25 24 Feb. 24 85 1 Mar. 17 19 2 22 24 24 2 96% Feb. 1 100% July 96 June 15 92 Apr. 18 68 June 24 68 June 24 99% Mar. 22 99% Mar. 22 99% Feb. 16 99% Feb. 16 99% Jan. 27 99% Jan. 27 99% Feb. 23 99% Feb. 23 Feb. 2 100% May 2 102 July % July 2% July 20% July 18 "l% Sale" Sale 78 19% July Sale Sale 1 24 17 26 July % July 1% July 15% July 25 17 117% 17% July Sale % 1% 10 24 24 24 24 126% June 7 June 10 91 Feb. 17 Apr. 29 Mar. 29 15 23% Jan. 15 27 Jan. 15 1534 Mar. 31 Jan. Jan. 25 18% Sale ----- 100 Preferred 20,952 Houston Oil preferred 5,219 68 7 July July 28 July 26 2 July July 27 July 22 101 % 101 % 101 % - 495 25 par 7,349 Consul Gas kLA Power... * 2,087 5% preferred ..100 11,001 Eastern Sugar Assoc com 1 Preferred 1 4,011 3,606 Fidelity & Deposit 20 2,044 Fidelity & Guar Fire Corp.10 1,182 Finance Co of Am class A--.5 395 18 Mi 21% 80 % 100 % 95 % 17 % July 17% Sale 20% 303 Brager Elsenberg Inc com.,5ft 55 Comm'I Credit 4%% pref_100 2,507 120% July 112 85 19,057 Arundel Corporation * 760 Atlantic Coast L (Conn)...50 * 4,285 Bait Transit Co com T t c 11,948 1st Preferred ▼ t c * * 6,889 Black At Decker common 3,159 "25 May May May July May June May May May May May Jan 10 101 May 24 114 116% May 24 116% 116% May 24 119% 12034 July 25 120% 120 May 24 120 120% June 22 120% 120% May 24 120% 124% May 24 124% 118 May 4 124% 11614 Jan. 26 12234 122 May 24 122 118 1945 1948 1949 1950 16,000 Read Drug A Chem Shares 120 X July Jan. 114 1940 100 3%» Public Impt 1 RANGE SINCE JAN. Price Jan. 3 In 1,500 $268,660 1,357,350 $137,900 891,650 ... PRICES IN JULY BALTIMORE STOCK EXCHANGE SALES July.:. Jan. 1 to 1937 1938 Bond Sales 1938 Stock Sales July Jan. 1 to BALTIMORE STOCK EXCHANGE 12% July 25 July k 17% July 21 Mar. 35 35 30 7 7 25 ----- No par value. (Concluded from page In 56) Cable transfers on Sweden were 25.55%@25.56% on July 1 and 25.35@25.37 on July 30. Exchange on the South American countries was held 22.92%. steady in close relationship to sterling-dollar fluctuations. in July was to intensify control restrictions The tendency This was due to the disproportionate compared with exports. quotation for exchange on Buenos Aires in all these countries. decrease in imports as The official ranged or 32.76 between official and 33.04 during July. The un¬ 25.85 and 26.16. Itio de Janeiro ranged between 5.83 free market range was between The and rate official 5.90. Exchange on the Far Eastern countries moved in close The tinued 17% caused by the •v Sino-Japanese conflict. -r I London on July 30.88 @31 The ruption to estab¬ March 8, 1937, to $341,134,000. since relationship to sterling. The undertone of these units con¬ disturbed and weak in consequence of the trade dis¬ decided to ship a large create a foreign exchange revolving fund to expand foreign trade. The fund will be used to purchase raw materials from which Japan will manufacture goods for export. The Finance Minister said: "The Government is confident that the present step will not adversely, affect Japan's currency." Toward the end of July Japan shipped $11,734,000 of gold to the United States, bringing the total' of such shipments and on July the Japanese authorities part of Japan's gold to the United States in order lish a 300,000,000-yen gold reserve with which to and" price for silver on July 1 was 18 15/16d., 30 was 19%d. The Hongkong dollar 1 was 1/16, on July 1, and 30.70@307/8 on July 30. 17.15@ Yen checks sold at 28.87@28.90 on July 1, Shanghai dollar was 18.22@18% on July 1, and on July 30. 28.66@28.69 on July 31t ; . Boston Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON BOSTON STOCK EXCHANGE Stock Sales July 1938 Shares_ — Jan. 1 to July 31_„__ AGGREGATE SALES In Jan. 1 Share* 1938 ' STOCKS 114 785 9,356 104,594 183 10 966 580 50 Flrat pre/erred Amer Telep 8c Teletf 100 9,306 Boaton Ac Albanv 100 15,610 Boston Edison Co.. ...100 8,871 Boaton Elevated |00 4,828 Boston Herald Traveler Corp* .285 Boaton 8c Maine pref stpd_100 807 145 Common 5 " 202 Prior pref 1,532 12 100 37 328 111 """303 718 76 "2",216 100 (Class A 1st pref stampedlOO 1st preferred class A 100 Class B 1st pref stamped 100 1st preferred class B 100 Class C 1st pref stampedlOO 1st pref class C 100 Class D 1st pref 929 415 i'i.100 .illOO Preferred..... 7,020 3,951 1.174 105 "2",669 1,031 446 3,227 80 "l",306 30 145 372 < 1,393 400 125 550 100 "3",89 4 371 1.057 6,001 2,600 7,670 60,559 2,114 3,355 "2",710 10,350 54 720 ~ "l~,717 5 10 1,410 9,896 Preferred jjo 5%,... 151 906 1 Mines"* 200 N E Gas & El Assn pref * 18,187 New England Tel 4k Tel..1300 151 New River Co com 100 235 Preferred 100 4,886 N Y N H Ac Hartford......100 54,195 North Butta 2.50 ... gtO Certificates of deposit..... 1,592 Old Dominion Co... 25 Illioo 4,108 3,279 22,448 Pennsylvania RR........ 50 11,522 Quincy Mining Co ..25 275 991 Keece Button Hola Mach 10 683 Reaca Folding Mach Co.. .10 13,691 Shawmut Assn T C 27,111 Stone Ac Webster Inc cap*stk 270 Suburban Elec Secur "T.992 8,654 com..* 112 1,974 100 124 2d 147 »relerre<1 3,859 82 63 953 2,310 rrington Co (The; 530 Union Copper Ld Ac Mln Co 25 1,469 Union Twist Drill 5 24,444 United Shoe Mach Corp."52 1,701 Preferred.. 35 51,213 Utah Metal Ac Tunnel. "I 1 150 Venezuela Holding Corp * "l 849 Vermont Ac Mass Ry Co._Ii00 5,118 Waldorf System Inc...... • 9,360 Warren Bros 7 No par value, 278 Warren (S.D.) ACo s Ex-dividend. July July Lowest Sale Prices 71 July 29 6 1 7 1 Highest Sale Prices 49 Mar. 31 Sale Prices 70 77 July July 12 13 July July July July July July July July July July July July 2 27 2 7 26 15 Apr. 1 71 75 JulyJ29 50 Jan. In 55 A 1 77 July la 32c 65 Sale 26 84 75c 2 1% July July 139 K July 141A Sale Sale A July 25% 26 A 24% July 82 83 July 12 A 85 "86" Sale 132 50 Sale Sale 10S Sale ~~9% 3% Sale Sale 49% 15% 1A 3A 48% Sale 19 Sale 2% 1B 15 A 3 2% 2 % 3 3% 4 6 1* 12 IA 9K Sale 20 2% IK 35 2 8% Sale A 80 Sale 17 K 2 A 14 143 % IK . 11% 88 89 76% July July 49 K July 15 K July 122 134 50 A 17 2 2 11K Sale 4 4A 2 A 9 K July 3 July 3 A 2 "Ik 3 K July 3 A July "4 A 4 5K 2o 29 19 23 20 22 12 4 UK "12" Sale 5A July 3 A July 4A 2 Sale 3 3% 2% 50% 16% 1A 3 K 15- 12 3A 2 "3 % 3 4% Sale 35c 70c 3 Sale 50 49% 26% 27% 90c 1 20 25 Sale 6 2 3% 3 24 2% Sale • 40c 2 A 2A Sale 19 57c 28 52c 25 5K 22 1 9 Sale % 3 4 4H July 20 4% July 25 3 K July 7 4K July 22 3 A July 20 4 July 7 July July July 18 5 A July 9 K July 1 7 12% July 25 July IK July 9 K July K July 23 28 2 Mar. 23 Feb. 21 nr. July 1 July 8K July % July 2 Sale 3 A Sale 15 20 13 16 18 A ..... 6% 7 A 10 9 2 JA 20 29 45c ; 50c 28c 45c 18 22 5 7% 22 1% 2 25c Sale 24 3% 4 12 Ac 25c 1% 1% 2 A i'i% 17% 60c 30 A J* 18 1 33 8A 2 K ■ll* 4A 4 Sale 19A 30 A 4K 8A ""5" 4 Sale 5A 8A 3 A 42c Sale Sale 75c 20c 40c 15 20 As Sale 11 5 12 12 r 5 "60c" "V 25c 50c 16 7 2 21 5 Sale 10c 5c 2A lie* 26 A 6 Sale 7c 27 A 17c 96 K Sale Sale 60 Sale 2 Sale "2A 50c 58c 50c 4% 3% 5 2 A 1 14 "15" 16 % Sale Sale 18% Sale 91c 26 A 25c 19 71% 38 A 90c 1 100 1A 51 Sale 35c 20 Sale ifA Sale 18 1A V/s 9A Sale 9 A Sale c 32^ it? 25c 23 W* Sale Sale Sale 40 % 55c 1A Sale „ 20 23 7A 3% Sale 24 % 8 31A 12 8 14 25 15 July I| July July 18 July 2 July 12 4 July 33% July 23 60c July ft 50c July ' 6 1A July 10% July 5% July 17 July 2 July 26 Apr. 48% 13% 1% 2% 2% 5% 1 3 2% 3% Mar. 26 Feb. 25 July 29 58% May 10 20% Jan. 13 5 2% Jan. 4% July 22 2 A Feb. 25 Mar. 18 12 Mar. 31 May 13 Mar. 23 Mar. 16 June 8 30% 1% 6% 9 K 5 34 July "27 July 19 July 8 July July 27 July 11 July July July 25 3 A July 60c 50c 7 6 July 4% July 5c July 2% July Apr. 4 Apr. 3 Feb. 1 1 June 15 7 5 Feb. 25 Apr. 5 12% Jan. July July 22 20 11 6 % July 1 May 31 4% May 21 4 A 60c Sale 10% Sale 19% 77 A 41% 90c 55c 70 7A "51"" 27 K 25c 20 Sale 42% Sale June 13 June 16 96% July' 7 % July July 1% July 50c July 2% July 1% July 40c July 16 % July 18% July 2% July 15 July 9% July 9% July 24 27 75c June 73 May 31 11 70c Feb. 24 3 Jan. 52 13 15% Apr. 23% Apr. July 1 1 18 *lay 1H I 27C 20c Jupe 13 Feb. 10* 35 Apr. Jan. 6 26 7 June 2 June 10 Mar. 29 5c 1 % Feb. Mar. 31 Jan. 7 June Jan. 8 June 27 1% Jan. 4 60c 19* ,1* 22 3 K July 2 42c 19% 23% 4% 15% July July July July July July 10% July July 12 7 7 23 19 21 6 26 1 20 July 23% July 15c July 19% July 70% July' 40 July 90c July July 8 28 July 26 15c July 6 22% July 20 80% July 21 42 July 21 99c July 5 65"" July" 75"" July "27 7% July 3 % July 26 July 8% July 4% July 26 July 36 25 15 19 14 26 9 23 22 16 16 J% 1 June 10 Mar. 25 June 9 2 ADr. 5 1 May A 30c Jan. 20 9% Mar. 30 13 % May 3 1% June 2 15 2 May 1% Mar. 22 8 May 31 5% Mar. 29 Feb. 7 35 July ADr. 1 15 Mar. 26 Aor. 25 50 Mar. 29 38% Jan. 55c 3 Mar. 30 14 July 11 May 13 July 7 Jan. 14 Jan. 26 July 6 Feb. 23 Jan. 27 Jan. 15 July 19 Jan. 11 6 July July 21 25 15c Feb. 2% Jan. 5 18 Feb. 23 July 25 79c Mar. 18 Feb. 21 Jan. 12 Jan. 10 55 5 Jan. June 3% Jan. 60c May 19% July 24% Jan. 4% Jan. 20 Jan. 2% Feb. 6 5 27 7 19 17 10 7 17 10% Mar. 1 12 July 91c Jan. 9 17 15c 23 28 28 Feb. 16 23 81 Mar. 31 109% 7% July 27 10 65 Jan. 27 68 37c Feb. 26c 19 7 7 Jan. 7% Jan. 11 5 18% Mar. 30 5 3% Jan. 1 21 May 11 30% July 19 7 21 25 7 5 July 2% July 65c July 3 May 14 20 1% Mar. 22 65 1 Jan. 18 19 109% July "25 7 A July 27 Jan. 1% June 23 10% Jan. 11 Feb. 75c 35 75 11% June'20 30% Jan. 1% Feb. July 15 13% Apr. 18 31% July. 8 3% Apr. 18 May 1% Jan. 28 2% July 2% Apr. 5 ,3% Jan. 15 Jan. July 25 30 2% July 1A ..... 3% Sale 22 Aur. 54 .1* IA 3°c 33 1 July July 5c July 2% July 3 5% July May July 6 K July 18 A July 6 5 July 25 June 15 6 13 25 27 28 Jan. 1 1 15 20 7 11 4A 3% 4% 3% 1% 1 % 2% 1% 8% 12 19^i 6 14 1 134 Jan. 9 July 7 July 22 July 20 July 7 10c 21 65 16 A 17A 21% Sale 3 K 15A 1% 26 % 15c 40 3% 9K 2 42c 32^ 17 A 65 7K 3K Sale 96c IK 7A "48"" Sale 107 Sale 107 K 108A 2 50c 20% 19* 2§g 2 A ll* il* Sale 20 A July Juiy 21 July 8 July 20 July 26 July 25 July 23 July 26 July 25 52 Sale 41c 30c 3 48 20c iS* if* m il* 9 May 27 Jan. 7 Apr. 18 July 26 ar June 23 94 Jan. Mar. 31 108% Jan. 60 19 3 A 11 7 A Sale 25c Sale 80 108 1 20 3 10% — 10c Mar. M 5 A Mar. 30 6 20 26 80c Apr. 6 29 110% Mar. 30 149% 1 A June 1% 17 June 9 27% 23 " 19 40c 52 Sale July July July July July July 19% U7 A 30% 1A 5 OA 7K 9K 10 "AH "2A 3 15 20 "65"" "99% Sale" 25* I* 7 A July 40c July 20 8 1 2 15 16 I "13% "is" 35c 5% July 38c July 2A July 40 July 17 A July 13 29% 1 11 73 7 8 16% 11% 15% 27% 3A ram 25c 40 % 16 3^ 15 20 35 13,327 I ..... 4,375 141 % 15c n* Sale H)__.11.100 2,040 Cld Colony.... 3,854 Pacific MlUs IK 15 Sale 124 ... 407 75c .i* "77"" . 90 64 70 % July Sale ..100 Mass Utll Associates v t o * Mayflower-Old Col Copper.25 Mergentna er Linotype.....* Narragansett Rac'g Assn Incl 30 Northern RR (N """371 25 ♦ Nat Service Co National Tunnel & 73 79% Highest Sale Prices ...100 Preferred B_ 463 69 71 79% 40c .....25 15 Int'l Button HoleMach Col?0 14,038 Isle Royal Copper..... 15 180 Loew's Theatres... ".25 1,479 Maine Central 100 58 Ask Sale 92% 121 1% 1,426 Adjustment........! 100 7,230 Eastern SS Lines, Inc......* 96 Preferred.. "* 322 Economy Grocery Stores"II* 9,741 Employers* Group Assoc T C* 1,153 General Capital Corp. • 1,666 Georgian Inc (The) A pfd.20 1,626 Gilchrist Co * 7,847 Gillette Safety Rasor Co ""• 1,085 Hathaway Bakeries cl A...I* 325 Preferred.. Class B 2,915 III" 2,610 Helvetia Oil Co tr ctfs l 7 Sale Sale 94 2R 795 Bast Boaton Co 1,295 65 65 25 100 common ,3,334 Eastern Gas & Fuel Aasn com 4,368 4%% Cum Prior pref... 100 4,107 6% Cum preferred..... 100 V 1-916 East Mass St Ry Co. 100 First 4,433 preferred... ...100 430 255,050 RANGE SINCE JAN. Lowest July 30 Ask Bid 7A Sale 70 50 Conn & Pas Riv pref 458 2 19 % 85 * 16,016 Copper Range Co 145 80c 1% \2% 143 % 3 10 730 Brown Ac Durrel Co Bid 72 4 10,570 Calumet Ac Hecla 190 Cliff Mining Co 773 62% 80 .100 130 600 60 72% 78 stampedlOO 1st pref class D 7,269 Boaton Personal Prop Tr 287 Boston Ac Providence... 40 2,193 50 -_..100 l",82l July 1 Ask 55c preferred.__50 905 Assoc Gas & EI Co class A..1 399 Blgelow-Sanford Carp com..* 359 6% Cum pref 64 2,247 1,846 non-cum $36,250 pa, Amer Pneumatic Service 6% ^1937 . 122,800 July 31 PRICES IN JULY 66,000 Eaat Uaii StRR aerA «4» 1948 Serlea B 5a...... 46,250 _1948 Serlea D 6a 11,550 1948 3,242 2,281 Jan. 1 to 1938 $24,750 , 3 Bid Shares . - Price BONDS 980 July 362,820 3,997,217 Jan S 18,000 5,700 2,050 - BOSTON 8TOCK EXCHANGE Since July Bond Sales t1937 524,858 2,824,871 20 18 Jan. 5 28 July 26 25c Feb. 18 22% July 80% July May 1% Jan. 1% Feb. 20 21 28 43 55c Apr. 27 Jan. 9 103 56% June 5% Mar. 30 8% Jan. 1% Mar. 31 July 00 Ton 7 July 2t* 10 3 7 6 15 19 RANGE OF PRICES ON PITTSBURGH STOCK EXCHANGE July Jan. 1 to July 31 AGGREGATE SALES In BONDS 6,387 Allegheny Steel 81 832 70 986 1,780 3,132 6,582 16,047 1,894 66,944 9,522 20,025 730 426 [4,635 113 """194 4r*au*aa Nat * Preferred. Gat Corp Bid Ask Bid Blaw-Knoi Co ...♦ ... Gaudy* Columbia Gas A Electric...* Consol 2,660 16,580 345 3,165 Bros 3 54 1,033 7,364 2,025 37,133 Lone Star Gas. 9,415 McKlnney Manufacturing..* 5 3,346 vlesta Machine 28,474 Mountain Fuel Supply.... 10 18,043 Nat Fireproofing Corp com.5 35 ._ 4,384 4,580 361 Penn Federal Corp common.* 80 40 4H% Preferred....... .50 6 Sale Sale 834 Sale 19X Sale 8 70c 88 .....ft 1 13.600 1 21,952 Shamrock OH A Gas. 10 6% preferred.........-.100 I 1,380 6% Preferred 10 1,155 Standard Steel Spring * San Toy Mining _ ""200 200 791 . 6,072 United Engine ftt Pdy.......5 2,076 United States Glass.......2ft 100 420 > - 10014 7X 1834 1934 1054 Sale 8 75c 70c Sale Sale 37X Sale" 634 Sale IX 2 IX 24 854 134 3 20 54 Sale 2234 75c 634 85c 134 86 X 754 Sale 134 8 Sale 80c 334 2 254 2454 234 2534 3c 854 10 8 1,180 Vanadium Alloy Steel.. 14,605 Victor Brewing Co 50 Waverly Oil Works A 24,120 Westlnghouse Air Brake 8,783 Westghouse El ftc Mfg.... 254 29 lc 3 3c 334 334 Sale 9 65c 24 Sale Sale 19 29 9 ..... 3 45c Sale 2334 9954 Maj. Mar. Mar. Mar. Jan. 2134 Jan. 17 Feb. 15 8 rl05 4 654 4754 1934 1354 154 Jan. Jan. 6 July July July 25 25 8 21 12 '■!" i 1* Apr. June 2554 July Jan. 95c Juiy 20 3234 July 28 70c July July July July July 6 July 3 54 July 4 Mar. 8 6734 10034 1034 134 4234 Mar. 25 Jan. July Y 734 I 934 Jan. 234 Jan. 20 Feb. 9 29 1 Apr. 14 Jan. 18 634 Apr. 5 Mar. Feb. 1534 Mar. Jan. Jan. 5034 Apr. 96 Apr. 654 Mar. APr2754 Mar. 454 Apr. 154 Mar. 1 May 90c July 14 2c July 7 Jan. 2 954 Mar. 1134 June 30 95c July 20 3234 July 28 1234 Apr. 28 Feb. 3 7334 Jan, 24 Jan. 15 July 26 Feb. 18 ,40 1 105 1034 134 4354 654 354 134 Jan. Jan. 17 12 July 22 Mar. 9 Jan. 8 2c May 5c Jan. 10 Feb. Jan. 12 2 Mar. 7c 3 14 Jan. 234 July July 23 834 July 1 July 9154 July 754 July 834 July 2154 July 80c July 234 July 1134 July lc July 254 July 15 5 234 July July 30 15 18 July July July July 10 July 2534 July 95c July 334 July 12 July lc July 354 July 834 134 10634 934 634 2634" 29 45c 50c 334 Sale Sale 1934 554 2454 434 7 July 10 July 3134 July 75c July 27 34 July 45c July 7 11 50c Apr. Mar. July ^pr. 454 May 6 Mar. 1554 Mar. V5c May 2 Jan. 1134 July lc Jan. 154 25 30 554 2454 934 154 10634 190H July July 11 2854 July 21 6 10654 July 25 234 June 1554 Mar. 62 34 Mar. 12 3 July July 25 25 10 July 20 Jan. 20 3c June 30 Jan. 70 12 Mar. 16 June 25 July 3654 July 7 20 134 Jan. 14 iIH June Jan. 10 Mar. 45c 2 Jan. 25 Mar. July 2734 July Apr. Jan. 634 75c 18 Mar. 18 July Jan. 22 3 Jan. 2534 134 334 1434 Mar. Mar. Jan. Jan. 7 July July 334 2354 July 96 July Mar. 56 3634 July 75c July 30 Mar. 1 70 10 28 Feb. 5uc iviay 17 70 3534 Sale 4 10034 254 2c 134 26 60c lc 65 754 9 3054 Sale 134 Sale * * .St 834 10 85c 6 ..* I Sale 90c" 100 7 5 21 1254 July 26 8 July 25 1 11 July 6434 July 99 July 854 July 134 July 4234 July 554 July 234 July 2c 134 "II" 254 25 Mar. Mar. 5c 2c 14 254 25 234 43-4 24 54 1054 634 ii* 134 134 9354 Sale 734 Sale 2c 6 25 5c 20 1154 25 3c 234 Sale lc 1 1934 July "7 1934 "July' 1054 July 634 July 734 July 70c July 3234 July 21 Sale 9934 100 954 10 134 154 Sale Sale IX 334 July 6 July 47 54 July 1934 Juiy 13 54 July 95c July 734 July 954 July 2 July 2554 July 30 Sale 534 Sale 254 Sale 20 J4 2c 2054 July 25 7 154 10 100 7 34 ..1 308 Ruud Mfg.. 2,000 2,524 J 12 11 25 2,062 Plymouth Oil Co 5 .....I 10,300 Renner Co 2,105 Reymer & Bros common * 545 1,500 1,065 • Sale 7 _ 220 1754 10c ft 5,858 Pittsburgh PKata Glass.—25 • 16,697 Pitts Screw Sri Bolt Corp 2,375 Pittsburgh Steel Foundry._• 422 - 10 12 X 15 334 July 6 July 3934 Juiy 1434 July 1154 July 80c July 6 July 734 July 2 July 2554 July 7 7 5c 541 Pittsburgh Oil A Gau... 2,309 Sale 80c • 154 7 19 Sale Sale 85c 5c 2,721 l*itt»t>urgh Forging* 125 634 4454 Sale 4c Phoenix Oil com.... ..... 230 Sale Prices Sale Prices Mar. 4 107 Mar. 10 111 xlOb Sale 1434 Preferred 5,500 .........1 2,732 Pittsburg Brewing.... * Preferred..... .—• 2,626 5 Pittsburgh Coal Co com.. 100 100 Preferred.... .......100 545 658 July 1734 July Sale Sale 25c 25,210 500 107 Sale Sale 134 Sale 354 4 8X Sale * 100 Fort Pitt Brewing..—.....1 pref 208 Jones & Laughlin St'l pref 100 5,325 toppers Gas A Coke pref. 100 7 Sale Highest Lowest Highest Sale Prices July 30 30 107 Sale Prices 110 12 32 54 12 356 Harb-Walker Refrac com * 175 Home (Jos) common.. 100 126 Jeannette Glass preferredlOO 145 18 X 104 * Ice Co Preferred Follansbee Sale ..* Byere (AM) Carnegie Metals............1 Clark (D L; 1734 10 .... . Armstrong Cork Co 765 Electric Products 235 Ask 107 —* 3,079 Devonian Oil. ..........10 20,698 Duquesne Brewing.. 5 4,641 3,308 1,783 Ask 100 Preferred 306 Copperweld Steel 10 352 Crandall McK & Hend.. ....* 15 1 STOCKS Sharer 6,025 2,347 $13,660 RANGE SINCE JAN. Lowest July 30 July 1 1938 o o o Pittsburgh Brewing 6s...1949 """187 ... PRICES IN JULY Bid 783 July 31. Price Since Jan. 1 ©o © $1,000 11,000 Jan. 3 July 3,460 Jan. 1 to 1937 1938 _ PITTSBURGH STOCK EXCHANGE Shares July 127,087 1,549,055 137,698 776,354 ________Shares Bond Sales 1937 1938 Stock Sates 7 45 Jan. 65c Feb. 15 June 30 2854 July 21 10754 Jan. 10 UNLISTED. 320 937 •No par value 590 Lone Star Gas *34% pref. 100 4,097 PennroadCorp * Ex-dividend. v tc 1 110 112 2X Sale 110 - 11034 July 154 July 27 111 July 5 254 July 19 8 Apr 27 112 i 54 June 18 3 108 Jan. 1 Jan. 10 Detroit Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON DETROIT STOCK EXCHANGE Stock Sales >' 1938 Shares. HALES aqqreqate 1937 | 552,114 • July. 277,119 i DETROIT PRICES STOCK EXCHANGE In July Jan. 1 Shares Jan 17,756 30,167 60,776 5,338 47,036 11,425 18,745 45,569 3,445 1,900 16,206 2,722 11,806 6,375 4,311 17,405 v'.,V 100 STOCKS Equipment Briggs Mfg Co ...5 Brown-McLaren Mfg Co Burroughs Burry Biscuit Corp , ' 1937 ,1938 * JULY 3,038,198 RANGE SINCE JAN. 1 % Sale Ns Sale Q6/* ... „J 20 * 12 He * Bid —. IN IN 18 N 2N 55c 7 H Sale 17 v. 25 N 16 Ask Bid IN Sale 52c 2N 7N Lowest Highest Lowest Highest Sale Prias Sale Pnces Sale Prices Salt Prices July 30 July 1 Ask 1 Mach Adding Bid * common 300 Capital City Products 450 Casco Products Corp 350 1 Auto City Brewing common.* Baldwin Rubber common...1 Bower Roller Bearing iisr 1 A Shares. 2,254,676 3 1938 Par Allen Elec & . Price Since Shares Stock Sales Jan. 1 to July 31 Sale Sale Sale Sale 9 Ask J* a\x 39c Sale 8 24 N 31 IN 19N 3N 8N Sale 34N 2 21 3N * IN July July IN July 39c 19 54c July 8N July 25 N July 34 July 2 July 21N July 3N July 9 July 13 N July 7 N July 20N July 25 July IN July 17 N July 2N July 9 July 11N July % Jan. 35c June IN N 9N 25N Mar. 11 Jan. Jan. Jan. 19 July 29 34 July July 26 21% July 3N July 9 July 13N July 3 3 4N Mar. 31 12 N Mar. 31 13 N Mar. 31 1 May 18 15 N June 1 IN June 7 7N June 29 26 2 5 15 15 12 19 5 28 Chamberlin Metal Weather 200 25~831 102,654 9,736 10,230 1,939 2,017 4,045 200 Strip Co ......5 ..5 common Chrysler Corp common Consolidated Paper com Consumers Steel Prod Continental Motors 10 18,682 634 5,200 1 . 3K Detroit & Clerel Nay com. .10 Detroit Edison IK 2 K Detroit com Paper Products..... 1 Detroit Steel Corp ..5 com 635 Detroit Steel Products 3,927 Eaton Mfg Co common 4 1,295 Eureka Vacuum Cleaner....* 21,148 Ex-Cell-O Corporation 3 11,402 Federal Mogul common * 5,646 •Federal Motor Truck com * 255 5,380 2,880 1,487 185 485 Federal Screw Works 12,500 1,110 15,357 55,032 Gar Wood Industries J# .... _ General Motors com 10 66,586 Goebel Brewing Co com 58,128 Orahom-Paiga Motor com 1 1 6,970 Grand Valley Brew common.! 8.780 " alt Lamp com 3,015 ....... . 200 285 Home Dairy class A * 7,175 Hoover Steel Ball com 10 3,464 Hoskins Mfg Co common.2.50 715 Houdaille-Hershey class A..* 29,243 Class B * 45,388 Hudson Motor Car ...* 48,321 Hurd Lock & Mfg Co com_.t 62,931 Kingston Products Corp 1 18,992 Kinsel Drug Co com ....1 24,810 Kresga (N Si Co com 10 4,823 Lakey Fdy 8c Mach common. 1 1,383 684 16,213 12,198 8,795 16,182 2.680 . 4,949 2,023 200 689 Mahon (R G) class A pref... 7,010 31,960 1,893 81,133 13,350 3,450 7,263 2,800 12,140 16,220 72,265 7,179 150 13,978 1,100 550 1,400 500 , Masco Screw Products ..... 8 13 3% 2.50 Michigan Sugar com Preferred • ..10 ... Mid-West Abrasive 1 50c com Moore (Tom) Distillery Co..l Motor Products Corp com...* 4.798 Motor Wheel 14,032 2,600 20,805 7,069 Packard Motor Go 275 10N Sale % Sale 2% Sale % ,bh 63c 19 K IK 3N Sale 7N 8:-* !B Sal* 3 5 9N 2 Pfeiffer Brewing Co 4N IN com. . Sale 13,175 Tlmken 250 Asia com Preferred 10 66,848 Tivoll Brewing Co common.1 6,308 Union Investment Co com..* 10,585 United Shirt Distributors..* 1,050 5,750 5,220 Universal Cooler class A....* Class B * 34,408 100 U S Radiator com.... 2,682 Universal Products see page 61. com ...1 * 3K 21N 5N 14 Sale 29 17 3 43 N 3 12 8N 16N 14N 9N Sale 60c 2N 58c Sale 68c IN 4% ~~2N 25 2N 55c IN 2N 21 IN 85c Sale Sale 76c Sale 7 9 60c 65c 4N 3N Sale Sale Sale "_7N Sale 12 4N Sale 37 Sale Sale Sale Sale Sale 3 2. 9N 2 N 7N 2N IN 3N Sale Sale ..... 3 24 Sale 3N 3N IN 65c 19% 2N 4 3H 25 3N Sale 9 10N 24 A-JH iS* 22N 14 N 10 12 5N Sale 40N 19 10 2N 7N 2 Sale 8N 2N 2 3 3N 3N 24 4 22 16 100 Sale 3N 28 Sale 95 12N 109 70c 18N 16 10 3H Sale 5N 7N 3N Sale Sale 4N Sale ..... 97 16 1 IN 30c Sale IN 100 x4 4N 4 3 2 12H 25 5 5 22 36 19 2 25 July 19 July 25 July 20 July 20 July 25 July 25 July 13 July 26 July 29 July 25 July 27 July 19 July 27 May 31 70c May 27 1 May 5 2N May 25 28 N 20 N 15% 13 N 4N 4N 2 11 1 23 7N July 24 July 20 23 3N July 44 N July 3N July IN July 51c July 3N July 7N July 9N July 17 July Sale 4N Sale 3N Sale IN May IN June May 15N Mar. 12 Apr. 2N Mar. IN July July July 76c July 8 July 60c July 5 2 6 2 30 1 1 3 N July 30 3N July IN July 65c July 17 July 12 N July 7N July 9N July 5 1 1 1 13 1 14 81c 30c July 19 Julu Mar. 2 5N Mar. 11 4N Mar. 29 Apr. 29 UN May 14 2 June 7 25N Mar. 31 2N May 28 23 29 June 13 17 July IN July 81c 36c 90c 8». 65c 3N 4N IN 70c 22N 14 N 10N 9N July July July July July July July July July July July July July 10N 2N 8N 2N 5 21 6 6 1 15 7 6 ,8 1 21 6 30 25 19 1 25 29 25 14 7 27 July July July July 2N July 3 N July 3N July 26 July 4N July 13 7 25 13 27 3N 3N 3N 3N 4N 4 2.N 3N July 15 100 July 15 5 14 N July 18 3N July 11 4N July 27 3N July 12 4N July 5N July 4 July 19 6 1 3N July 2N July 14 N July 2 5 18 12% July 2N July IN July 12 July 29 16 13 19 27 7N July 20 Mar. 21 June 30 4% Jan. 11 44 N July 29 3N Jan. 1% Jan. 11 70c Feb. 10 16 3N July 25 7N June 15 12N Jan. 13 17 Jan. 7 23 June 27 16 July July Jan. Jan. Jan. July Mar. 31 Mar. 19 80c June 10 6uc Mar. 26 25c Mar. 31 N 3N N 19 N 3N Jan. 23 IN IN 55c 69c Mar. 28 IN 5 May 31 4Uc Mar. 29 8N N 3N Mar. 29 2N Mar. 25 June 7 June 13 Mar. 31 8N June 11 4N Mar. 29 2 6N June 40c 11 Mar. Mar. June Apr. May Mar. 31 30 1 5 12 19 29 15 10 10 19 12 July 15 Jan. 10 Jan. 17 Apr. 18 Jan. 11 July 21 2 Jan. Feb. 21 4N Feb. 26 2 Jan. 11 IN Jan. 6 22 N July 25 14 N July 10N July 29 25 10 28 Jan. 5N July <7 40 N July 27 20N Jan. 11 Jan. 20 31 31 May 31 3N Jan. 8N July 2N July 11 IN Mar.31 2N Mar. 31 2N Jan. 11 Jan. 12 2 122 1 Mar. 30 Jan. 5 90 Jan 4 4N Jan. 13 5 10 Feb. 8 4N July 27 22 Jan. 13 100 July 15 8N Mar. 30 2N 3 N 2N 3N 2N IN 10N 12 27 14 1% Apr 1 15 N June 15 103 2 20 10 July July 17 Feb. IN Mar. 31 3N 31N 14 N 6% 1N 4N IN Jan. Mar. 30 15N Mar. 30 87c 15 26 29 25 13 10 40c Jan. July July July 30 5N Mar. 30 4 Apr. IN Mar. 29 23 5N July July 3N July 2N July 25 July 3 July 5 Mar. 26 37c 40 N July 19 N July 2 6 July 7 3N July 19 65c July 2 19 N July 19 3N July 26 4N July 9 July 2N July 7N July 2N July 5 7N June 15 6N Mar. 30 10 10 25 25 15% 13% 4N 4% 2N Mar. Apr. 15 ll 20 N July 20N July 3 1 8 Jan. 28 Mar. N Jan. 65c 37 July 17 N July 100 14 N 13N 1 2 2 14 12 5 19 16 Mar. 2 16 12 2N July 3N Jan. 3N July 10 70c 21 13 N 103 IN 1 19 1 1 N Mar. 9 17 Jan. 108 Mar 6 22 27 14N July IN Jan. June 1 77 14 IN July 4N Jan. 15N Jan. Mar. 28 UN Mar. IN July 2N 3N 3N 74 N July 25 2 15 N Feb. IN June 24 Mar. 31 13 103 N July 2N July 37N July 2N July 95c July 50c July 2N July 7N July 9 July 16 July 19 N July 3 60c Sale 70c 17 6N July July 24 23 62c 8 2 N July IN July IN July 14 N July IN July July IN July 2N July 2N July 13 N July 27 July 20 N July 5 July 14 N July 10N July 3N July 4N July IN July 7N July 3 14 N Sale 60c 3N 15 13 10N July 7N July 56c July 2N July 57c July 18 July 2N July Sale" 17 N 32 11N 17 N 18 81c 34c IN July IN July 22 74 N July 22N Mar. Sale 17 19 50c 3N 12 16H 4N Sale Sale 1N Sale 30c Sale 3N 2N 7 3 5 5N Sale .......100 11,978 1,126 1,500 3 Sale 14 .10 100,426 Standard Tube Co class B...1 2,221 Stearns (Frederick) com * 788 5% cum part pref......100 2N IN 9N 24 1 16 1 95 16 13 N 59 N July 14 N July 14 N July IN 12 58c 90c 4N * IN 2N 3N 14N 22 N 10N 7N IN 2N , 2,002 Sale Sale 7 IN 3N 51c ..... 8 6 3 Sale 99c 2N 16H Peninsular Metal Products. 1 4,194 Scotten Dillon FVr footnotes 2N 10N Parker Wolverine Co com...* com 1 100 17 Sale N 15,653 Rao Motor com. 8 18,342 Rlckel (H W) 8c Co common.2 21,804 Rlvar Raisin Paper com * 4,003 24 IN K 2% 7N 30 14 N 2.50 com 4,264 1,659 8,185 1,021 35,250 — Sale 11 2N • Parka Davis 8c Co Parker Rust Proof .i0,587 Prudential Investing .Corp.) — 4 6N 20 37 N * com. 616 — 18 9N 63,141 30,746 4,594 12,847 68,466 26,570 4,190 1,837 Sale 34 % 10 9N ... Sale IN 5N 16N Sale 8N Sale 5 com . 100 ..... Sale .10 84,063 Murray Corp common.. 930 Muskegon Piston Rg com 2.50 27,492 11 "IK Sale' 1 Micromatlc Hone Corp 3N 15 9 IN Sale 3 10 3 29 N 1 McClanahan Refineries. Mich Steel Tube Prod 2N 14N Sale 4 }/\ IN IN. ... com IN 87c 15 IK 18 McAleer Mfg Co com McClanahan Oil Co Sale IN 5N 4 2N 5K 128,313 3 17 Sale 26 K 15,352 General Finance Corp com.l 2,760 31,913 13,975 8,712 800 14 IN Sale 2 N Sale 2N Sale 14 14 N 9N 3 com Sale Sale 8 797 Gemrner Mfg Co class A.....* 470 Class B * 100 IN 95 70 N ..... * com 43,180 Frankenmuth Brewing com. 1 7,925 Fruehauf Trailer Co com 1 IN IN 2M Sale 9 IK Sale 93 N 255 1,452 mm~~ 3% 59 K 14 N 14 ...100 41,845 4,867 480 2,560 4,310 3,464 4,340 3,187 "IK Sale' 20,320 Detroit Gray Iron Fdy 1 50,175 Detroit Mich Stove common. 1 6,305 11,219 10,175 . Sale 460 Deisel Wemmer Glib com..10 260 6,210 _ Sale 1 com 727 Crowley, Milner 8c Co com..* 688 Cunningham Drug Sts._2.50 6N Mar. 25 6N Mar. 25 48 % 14 14N July 18 Jan. 20 Mar. 25 107 June 16 May 26 Apr. 1 Feb. 1 June 3 Mar. 24 Apr. 4 4N Mar. 6N Jan. 0 3N 5N 3N 14N Jan. Feb. 1 5 11 1 Jan. 17 Jan. 12 July 18 DETROIT AUG., 1938] AGGREGATE In July Jan. 1 1,103 650 Ask 20 70 82% 100 Preferred 67c % *A 2% 75c 2 2A 30c Sale 6 % Sale A 2 Ask 25 2 J* 1,790 Young (L A) Spring 8c Wire. • 2,480 9,180 American Radiator.........* 15% 228 992 Amer Tel Ac Tel Co......-100 142 y8 Lowest Highest Sale Prices Sale Prices July 7 July 27 July 8 2% July 7 18c July 28 6 A July 1 2A Sale 2A 18c 70c 3% 21c m 75 100 21 U243 Highest Sale Prices 23 3 76c 25% 12 Lowest Sale Prices July 30 Ask Bid 21 30 Bid 22 20 2% Sale % Sale 2 17 Class B ♦ 9,144 38,478 Warner Aircraft Corp com.. 1 4 10,472 Wayne Screw Prod com 17,400 Wolverine Brewing Co com__l 3,290 Wolverine Tube Co com....2 " July 1 1938 Bid 504 Walker St Co class A.,.....* v 2,680 1,300 , STOCKS Shares 4.203 I Price Jan. 3 Since Shares 100 RANGE SINCE JAN. PRICES IN JULY DETROIT STOCK EXCHANGE SALES 61 STOCK EXCHANGE 7 July 7 July July 26 3 July 21 1 30c July 7 A July 19 23 3 85c 26 7 21% July 6 16% July 19 12 144% July 12 18 July 26 18% July Jan. 13 23 1% Apr. 8 3 20 Mar. 30 65c 1% June 6 July 28 3% May 31 80% Apr. 2 13% Jan. 4 18c July July 1% Jan. 3% Jan. % Jan. 7% July 80% Apr. 21% July 7 7 18 14 6 19 2 26 Unlisted Dept.— ... 2,000 2,435 690 20,560 1,933 30,974 2,189 4,421 5,310 10,625 705 11,409 990 1,552 1,016 Nash-Kelvlnator Corp......5 National 14% 139% 16% 27% Sale 9A Sale 10 160 17 A Sale Sale Sale 8 r 19 A 16% Sale 15 Socony-Vacuum Corp.....25 Standard Brands Ine * Deferred delivery tales. 1 1 ;i 15 Dairy Products...* N Y Central RR 2 i 9% July July 18 5 16% July j.0% July 11 6 14% July 8 July 10% Sale Sale 1 33% July 80c July 39 July 15 July Sale Sale 15 5 19 9% July "80c" Sale 39 July July July July 1 % July 34% Sale I % Sale Purity Bakeries Corp.......* a No par value. Sale 1% Sale 9 A Sale ... 2,955 a,036 a,596 * 29 A 1% Sale 9,427 Commonw Ac Southern Corp * 4,276 Consolidated Oil Co * 1,549 General Foods Corp.... 14,737 Hupp Motor Car Corp...... 3.016 Kennecott Copper Corp....* 2,937 Kroger Groc & Bak Co.... * 890 Sale 17% 798 Borden Company 25 2,925 Borg Warner Corp com.....5 601 15 Sale Sale Sale x 8old for cash 32% July 1% 10% 35% 1 % 42% 25 19 1 July July 21 July 19 6 July July 25 17% July 6 9% 126% 15% 18% Mar. 30 16% Apr. 8 149 June 17 18 May 26 32% July 26 25 16 Jan. 1 8 25% A 26% 13% Mar. May May June May May 15 27 28 19 12 25 July 19 Jan. July 2 12% 16% 21% 8% May 26 13% 10% Mar. 29 16% 9% 6% Mar. 301 11% July 16% July 20 25 6% Apr. 13% Apr. 26 21 % July 23 10 13% July 15% July 8% July 20 25 21 14 July 21 July 19 Jan. 10 July 25 5 July 10% 35% 1% 42% 17% Mar. 29 Jan. July July July Jan. Jan. 10 25 23 25 11 J2 Ex-dividend. Philadelphia Stock Exchange MONTHLY AND YEARLY RECORD EXCHANGE RANGE OF PRICES ON THE PHILADELPHIA STOCK Shares_ __________ Jan. 1 to July 31 AGGREGATE SALES July Jan. 1 BONDS 1938 255,000 Elec 8c Peoples tr ctfs 4s.1«45 3,000 Lehigh Valley 4s.. 1948 ..1965 1,000 Pennsylvania 4%i 13,000 Peoples Pass tr ctfs 4s...1943 STOCKS Shares 9,229 32,482 American Stores A,434 3,731 ~l"417 7,448 235 930 10,392 698 51 70 2,155 2,633 4,060 7,368 14,887 Barber Co.. ........ Bell Tell Co of Pa Budd (K G) Preferred 20 —10 pref—. .100 Mfg Co .......... .... 5% 698 Glmbel Bros common 18% 25 8A 144% 8% Sale 6 -2 8% Sale 141% Sale 15 15% 115% 118 4% Sale "20% "Sale" 115% Sale 5% 6 3] 47] 26% 29% Sale Sale Sale Sale 4% 62% 37% Sale 4% 25 84,455 Pennroad Corp V t C——* ...—.50 79,071 Pennsylvania RR 695 Penna Salt Manufactur'g.50 1,200 Penn Traffic com........2% 3,313 Phlla Elec of Pa $5 pref.—* 25 16,925 Phlla Elec Pow pref.... 30 12,339 358 130 500 2,812 238 1,428 273 3,848 526 24,058 1% 2% Sale 510 236 136 9 Sale 141% Sale 8 10 July 143% July 19 23% July 117% July 6% July 8% July 139% July 25 1 20 2 25 20 20% "19% July' 112% July, 114% Sale 5% July 5% Sale 5 69% 6% 29% 43% 5% Sale Sale 31 Sale 5% Apr. 4 May 26 Jan. 7 72 Jan. 4 Mar. 23 Jan. Jan. 24 13 11% Jan. 18 24 101 26 20 110 29% 4% 60% 6% 28% 36% 10% July July July July July 106% July 1 109 29% July 18 30% 31 4 July 28 5% 4% 5 7% July 1 7 July 27 2 1 1 Sale 21 145 128 2% 140 3% 160 2% Sale 116 Sale 31 21 177,504 Salt Dome OH Corp...... 3,302 Scott Paper..... 671 Facony-Palmyra Bridge. 8,100 Tonopah-Belmont Devel. 16,075 Tonopab Mining 1,142 Transit Invest Corp..... 13 37% Sale 31 29 x/- % % 17 6% ft* 33% 2 2% 3% Sale Sale Sale 34% % 6, I'8 Preferred............. Union Traction..—.... -50 2% 2% 116% 116% Sale 30% 17 Sale 1* 3% 28% 10% 105% 2% Sale Sale Sale 106% 32% Sale 11% Sale 109% Sale ""9" 10% 8 Sale Westmoreland, Inc...... ,269 rights. 142 2% 3% 2% Sale July 18% July 21 7 6 25 8% July 2 2% July 23% July 7 25 Mar. 31 Mar. 30 Mar. 31 Mar. 31 July 2 1% Mar. 14% Mar. July July 28 1 2% July 4% July 7 July 2% July 5 27 11 13 23% July 16% July 16 July July % July 1% July 1% July 3 % July 3% July 13% July 11% July 39% July July July 23 26 23 2 12 23 9 9 20 20 20 2 July 2% July 5% July 2% July 19% July 44 July 33 July % July A July % July 1 July 2% July 2 % July 30 July 10% July 108 July 7% July 8% July 6 6 6 9 7% 31% 44% 15% 112 o Mar. 30 4% Apr. 27 1 1% Apr. 10% Jan. 14 35% Mar. 31 26% Mar. 30 Jan. 7 3 Mar. 31 May Apr. 11 Jan. 26 25 12; Mar. 7" July 25 July IV July 21 July 7 July 6 July 25 Jan. 12 8 Jan. Jan. 12 10 20 June 28 2% Feb. 15 117 Feb. 29% Apr. 17% May 1% Apr. 26 2 Jan. 2% Jan. 30% Jan. 145 Apr. 2% Mar. zll4% July 7 117 30% July 27 31 5% July July 75 100% Jan. 11 109 1 21% Feb. 30% 3 May 31 5% 3 Mar. 30 7% % Jan. 5 1% 1% Jan. 3 1% 4% Mar. 29 8% 123 2% 2% 2% 3% Sale 6% 7 nm 4% 21% 25% 10% 160 30% Mar. 30 149% Jan 6 Mar. 31 16% Mar. 19 12% Mar. 31 23% July 25July 9 119% Jan. 21 Mar. 29 6% Jan. 17 42 Jan.426 2" 43% Feb. 36 July July July July 111 6% Mar. 31 "5* 2% Mar. 28 5% July 75 July 7% July 30% July 44% July 15% July 4% July 7% Sale 1% July 9% Apr. 2% Sale 21% Sale 3 Coal..... 7 11 Sale Sale Preferred........ 8% 2% Sale 19% Sale Sale 7 Westmoreland 6 8 2 Preferred............. 5% July Sale 7% Sale 3% 5% United Gas Inapt com.... Sale 32 2,404 Phila Rapid Transit—... 50 5,124 7% preferred 10 5,503 Philadelphia Traction...—50 1,295 Reo Motor Car Co......... United Corp common.... 7 Sale Sale 18% 7,429 10,340 21,142 5,356 158,453 4,977 2,191 2,174 Highest Sale Prices 5% 680 PhUa Insulated Wire.......* 1,464 1,040 Lowest Sale Prices 25 12,792 14,346 928 Highest Sale Prices * 50 Preferred 5 Sale 29"" Sale' 10.357 Lehigh Coal At Navigation..* 651 Mitten Bank Sec Corp.— OA 15 106% 6,731 Lehigh Valley Lowest Sale Prices 64 328 Horn AtHardart (Phila) com.* 880 Horn Ac Hardart (N Y) com..* 7,830 Nat'l Power At Light—......* """206 1 Ask Zioo 6,639 Budd Wheel Co......... 37,458 Chrysler Corp.......... 1—5 A,225 Curtis Pub Co common.. ...» 74,296 Electric Storage Battery. —10 08,549 General Motors 2.027 223 $25,500 368,700 RANGE SINCE JAN. JULY 101 8 1100 1,782 1,107 — Par .... American Tel 8c Tel 8 6 Ask Bid Bid 533 Bankers Sec Corp pref.. ..50 "1,066 IN July 30 July 1 Ask Bid S 1,188 1,788 July 31____ Price Since Shares Jan. 1 to ' 1937 \ $54,000 512,000 . PRICES PHILADELPHIA STOCK EXCHANGE 1938 July 211,891 a3,193,458 335,270 1,716,339 Jan. 3 In 54,000 1937 1938 Stock Sales July.. Bond Sales 6 June 13 32% Feb. 17 Feb. 17 2% July 5 19% 4 Jan. 12 Jan. 13 July 13 May 10 July 26 July 23 Feb. Jan. 15 21 July 23 Mar. 29 Mar. 19 Mar. 29 Mar. 31 July 20 Mar. 30 Jan. 6 6% Apr. 25 5 June 30 Jan. 21 8 May 16 99% Mar. 15 25 1 Jan. Mar. 3 u RANGE OF PRICES 1937 827,869 414,620 9,002,820 July.. 8,763,357 Shares_ Jan. 1 to July 31 AGQREQATB SALE SAN FRANCISCO STOCK EXCHANGE Since Jan. 1 Jn July ON THE SAN FRANCISCO STOCK EXCHANGE 1938 Slock Sales Jan. 1 to July 31 37,500 JULY RANGE SINCE JAN. 1 3 1938 Atlas Diesel Eng Co 6%..1945 Calif Packing Corp Calif Water Serv 4% Coast Co G & E Co $3,000 113,000 $1,000 PRICES IN BONDS 4,000 2,000 7,000 2,000 1,000 4,000 2,000 1,000 1937 1938 Price Jan. Bid 1,000 Bond Sales July 5%..1940 1961 4%..1965 Langendorf Unt Bak 6%s '41 7s .1940 1969 Union Oil Co of Calif 6% 1942 Market Street Ry South Pacific Co 4 % % . July 1 Ask 89 105 % 98 H 102 105 99 103% 100 60 635* 115 119 Bid July 30 Ask Bid 90 Lowest 90 Highest Lowest Highest Sale Prices Ask Sale Prices Sale Prices Sale Prices 83 July 29 83 July 29 101 ..... May 12 May 12 82 Apr. 29 103 % Mar. 15 Mar. 21 Jan. 7 102 407 Feb. 17 108 % Mar. 12 101% Mar. 26 101% Mar. 26 80 % June 24 85 June 7 57 % Feb. 17 57 % Feb. 17 78 102 101 101 , ioI% Ioi% 72 75 77 47% 41 116 101 48 80* 114 121 116% May 16 116% May 16 UNLISTED BONDS 2,500 Crown Willamette Paper— 1st mtge 6% 1951 105 105 102% Feb. 118 116 116 114 113 117% Jan. 26 119% May 12 117% May 11 117% May 11 Feb. 10 107% Feb. 10 108 19 105% June 22 Miller & Lux— 5,000 3,500 3,000 Ctf of dep 1st mtge 6% 1945 Ctf of deposit 7% notes *35 - i, ww •• 113 So Calif Gas Co 4% % ser 1961 STOCKS Par 7.882 Alaska Junaau GoldM cap.10 Anglo-Amer Mining Corp Ltd 18,124 Common ......1 12,214 Anglo-Calif Nat'l Bank 20 27,743 Assoc Ins Fund Inc com capIO 25,848 Atlas Imp Diesel Eng Co....5 705 Bank of Calif Nat asm caplOO 100 Beech Aircraft Corp com 1 6,814 Bishop Oil Co.. 5 19,243 Byron Jackson com cap....* 7,541 Calamba Sugar Estate com 20 I,750 Preferred 20 2,282 Calaveras Cement Co com—* 90 7% preferred 100 720 Calif Art Tile Corp class A.. * Shares. Shares. I,152 2,400 1,173 8,015 4,937 120 T, 231 7,032 1,268 1,257 10 80 100 220 1,427 1,657 5,558 14,992 1,292 21,863 120 3,400 330 2,796 4 ,400 27,566 180 " 4,419 24,326 80 1,100 110,418 64,223 30,324 3,877 2,040 11,825 7,500 7,729 420 347 16 432 329 2,400 11 11% 40c 43c 14% 2% 6% 14% 185 3% 7 195 5 Chemical 18 19% 21 20 4 21 5 51 60 50 13 13% 4 36,185 1,930 11 1.30 f*12% 21% 50 91 775 501 9,280 2,710 3,610 2,585 2,292 16,920 600 4,680 4,138 13,026 60 784 50 35 103 15% 27% 4 439 Galland Mercantile Laundry common (capital) _._._* General Metals Corp— .... 425 2,150 3,050 20,310 7 July July July July July 18 1 23 16 1 11% July 22 25c July 16 July 4% July 29 9% July 25 193 July 21 18 July 18% July 19% 20% ""5% 1 22 20 20 July "23 July 25 July 7 7 4% July July 14 11 July 2.00 2.00 July 18% 12% July 25c 20c July 75 55 ~6 ""6% Juiy"23 25 5 55 July 25 14% July 27 8 2.00 July 8 1 18 July 25 21 25c July 2 Sale 51 105 20% July"'30 23 50 July 29 52 23c 53 Sale 23c 1.90 Sale 1.95 Sale July "25 28c July 16 57 1 106 July 2.05 July 18 2.05 July 19 2 July 73% July 13 1 Apr. July 11 104 July 20 17 54% 52% 105% 106% 104% 69% 1.70 1.70 70% 38 106 62% 9% 10 Sale 35 104 104 15 16% Mar. 30 13% Feb. 2 June 22 45c Jan. 4 12 Mar. 31 19 Jan. 14 2% Jan. 26 4% July 29 May 17 Mar. 29 193 July 21 4% Mar. 29 171 35 104 16% 16% 27 26% July 4% July July July 5 11 July July July "18 July July July July Apr. July July 25 16 22 22 23 22 1 11 19 10 17 2 Jan. 3% Mar. 30 13% Mar. 31 22 July 25 21 Jan. 31 20% Jan. July July M» July July 18 July Jan. 38c 23 25 27 18 25 17 Jan. Mar. 30 19% Mar. 17 32 95 9 16c 2 4% July "I 21^ 9 28% „„4% 325 280 11% Sale 75% Sale 75c 4% 1.25 5 27 26 4% 280 20 4% "11% Sale 75% fS 23% 19 90c 'J* 25 5 22 75c 4% 23% 3% 19 16% 13% Sale 13 13% 13% 36 Sale 35% 37 34 mUr 37% 9 30 zlH 34 49 36 42 Sale 84 Sale 85% 30% 2.25 14 22 25% 6 7% Sale 8% 29% 7% Sale 12% 26 22% 31% 7% 23% 7 3% 11% 24% 21% 31 29% 2.50 2.25 17% i2lW*25i Sale 37% 8% 25% Sale 10 Sale 8% 28% Sale 15 33 32 » 25% Sale Sale 80c 28 2 27% July 4% July 7 6 325 13% Sale 4% 20 18,999 General Paint Corp com * 1,436 Preferred.... 10,771 Gladding McBean Co com..* 38,195 Golden State Ltd cap. ..* 5,689 Hale Bros Stores, Inc, cap..* 9,495 Hancock OU........... * 30,405 Hawaiian Pineapple Co (new) 25,180 Holly Develop Co common.. 1 2,965 9,289 20% 49% 62% 10% 9 _ 15,530 Common capitsl 2% 39,580 General Motors...........10 9,543 II,695 3,376 20c Sale 1.95 62 460 Fireman's Fund Indem cap 10 4,286 Fireman's Fund Insur cap 25 14,079 Food Machinery Corp com.10 3,945 Foster & Kleiser com.....2% 253 Class A preferred 25 355 1,007 1,150 O 38% 22% 50% 54% Sale 104% Sale Sale 1.95 Preferred (new) Cypress Abbey Co common .2 D1 Giorgio Fruit Corp com.lt Preferred.... 100 Doernbecker Mfg Co........ B1 Dorado Oil Works cap...* Emporium Capwell cap.... Preferred—............50 Emsco Derrick Ac Bq Co cap.5 470 Ewa Plantation— 60 20 . 2.00 1.00 Sale ^.14%: 98 35c 25c 90 Crocker FlrstNatBk SFcaplOO 308 Sale 32c 25c 32 126,321 CrownZellerb Corp com (new) 280 300 July *6.2^ 4% 19% 18% 20% 19% 16,305 Ine class A partic prof • 6,540 Creameries of Amer (new)__.l 816 cV8 Sale 20 2% 11% 33c 23c 15 Sale 16 15 15 4 4% 4% :%5% 3% 9 8% '2 8% „9% 195 199 187% Sale 187% 3% Mar. 23 45 May 26 Jan. 8 6 1.25 May 12 5% Mar. 28 6 15c June 31% Mar. 30 15% Mar. 30 45% Apr. 7 87 15c 2 Mar. 23 Apr. 30 Mar. 31 99% Mar. 31 1.65 Jan. 3 1.65 Mar. 29 37% 6% 30 101 15% 17 Mar. 10 5t* 19^ Jan. 24 Jan. 6 12 26 12 52 July 11 97 Jan. 30c Jan. 27 8 57% July 25 July 16 10S Jan. 20 2.35 Jan. 20 Mar. 29 Mar. 29 Mar. 23 Apr. 73% July 23 9% July 22 35 July 1 4 106% Feb. 15 June 20 18 Jan. 19 4 33 Jan. 25 Jan. 19 Jan. 5 Industrie! 3,264 1,134 10,255 11 30c i!K 15% Calif Cotton Mills cap—.lOO Callf-Engels Mining Co 1 California Ink Co lnc A....* California Packing cap * Preferred..... ...50 California Water Serr preflOO Carson Hill Gold Mgcapital. 1 Caterpillar Tractor cap....* Preferred stock.... 100 Central Eureka Mg Co com..I Preferred 1 Chrysler Corp common 5 Claude Neon Elec Prod.. Clorox Chemical A.. .* Coast Cos Gas&Bl 6%lstpfi00 Consol Aircraft Corpcom...! Consol 10% 25 c 5% 16% 20 * Class B 10% 20c m 9 31 36% 83 29% 2.40 July ""I July 1 July 19 July 6 July 22 July 25 July 27 July 1 July 15 July 15 July 8 July 13 July 18 July 6 July 12 14% July 20 82% July 21J 95c July 27 9 5 July 25% July 14 8 4% July 6 20 July 14% July 19 6 37 July 10% July 25 36% July 29 36% July 13 1 85% July 2 31 July 14 90c 15% 40% 26 1 20 15% 9% 26% 6% 30 33 62 Mar. 23 20 Mar. 31 Mar. 25 37 Mar. 31 July 6 14% July 19 July 6 10% Feb. 24 June 16 46" Feb. 23 Mar. 31 Mar. 31 36 July 88 June 13 30 10 25% Apr. 18 11% July 23 44% July 29 10 July 7 25 39% 24% Jan. 5 21 12 11 13 5 5% Jan. Mar. 26 30 4% Sale Jan. June 17 ,3% 6 24% 10 28 19 21 14 95c 18% Mar. 29 July 22 13 17% July July 1 37% July 1 8% July 28 28 July 22 10 July 1 4 July 16 15 July 7 32 July 11 24% July 19 75c July 11 19 Mar. 25 July m July 20 July 21 July 27 11% July 23 44% July 29 10 July 7 28 July 22 12% July 23 4% July 19 15 July 7 39% July 26 26% July 8 1.10 July 18 2.60 July 17% July 21 July 75c 3 32^ Jan. 33 2.60 July 18 9 3% Mar. 25 310 Mar. 28 7% Mar. 29 56 Mar. 31 Mar. 30 1% Mar. 28 12 1 Apr. 15% 10% 10% 43% Sale 8% 9 27% 30 22% May 17 Apr. 25% Mar; 31 6% Mar. 29 25 Mar. 24 6% June 6 2% Apr. 29 11% Apr. 7 25% Mar. 31 20% June 4 66c June 1 17% July 28 Mar. 13 21 8 12% July 23 4% July 19 15 July 7 39% July 26 29% Jan. 22 1.10 July 18 Home Fire Ac Marine Insnr 885 110 450 120 210 cap 10 new* 3,215 Preferred .10 520 Hutchinson Sug Plant cap. 15 II,514 Langendorf United Bak cl A * 22,447 Class B_. 1,360 Preferred, i 4,609 Leslie 8alt Co capital 30,218 Le Tourneau Inc common.10 40 4,920 4,760 550 1,311 8,454 441 1,631 Llbby McNeill & Libby.....* 103,415 Lock Heed Alrcr Corp com..l 1,796 Lyons-Magnus Inc A...; * 18,721 455 100 560 B ......* 33% 6% 17% 28% 7% 2% 15% 3% 19% 10,669 Magnln Sc Co (I) common...* 70 , Preferred. ..........100 22,595 Merchant Cal Mach Co com 10 No par value, 39% 36% 16 21 22 Sale 16 19 8% 3 10% 9 34% 35 15 16 23 8% 7% 9% Sale 7 12 % % Sale 10^ 12% 90 102 13% 14% t Removed from listing Feb. 4,1937. Sale _ Sale Sale 6 5 33c 70c 11 91 14 37 21 19 40 23 38% July 26 1 22 July 22 19 %'■*%' Sale Sale 99% Sale 9 9% 95c 95c 2.50 14% Sale 6% 40 39% 37% 35% 17,698 Magnavox Co Ltd (capital)2% 2,353 1,857 * Calif capital 210 Honolulu Plantation cap...* 1,170 Hudson Motors Car Co.....* 3,778 Hunt Bros. Packing com ♦ 60 "¥,836 Co of 26,057 HonoluluOUCrpLtd 4,169 1.50 3 1.50 9 12 16% Sale 8 Sale 40 41% 37% 26% 40 27 11* .4* 85c & 95 15% 8% Sale 6% 90c 1 14 8% 95c 2.50 10 13% 6% 39% 36% 22% 7% 12% 5% 55c 70c 11 July 12 July 14 July 20 July 20 July 14 July 19 7 July 8 July July 12 8 July July 12 1 July 1 July July 28 1 July 1 July 39% July 16 24 37% 26% 8% 14% July 2 July 26 July 29 July 20 July 14 July July July July July July July July 55c iuiy July 90c July 20 9% 95c 2.75 10 16% 8% 41 8 Feb. 2 88c 2 8 12 May 4 Mar. 26 Apr. 12 Apr. 29 3% Apr. 12 35% May 24 32% Apr. 25 13 6 Mar. 31 Mar. 29 5% Mar. 30 Jan. 13 June 20 % Jan. 3 7 June 6 5 42c 13% July 105 16% 32% Apr. 2 13% Mar. 30 19 July 12 39 24 July July 28 Feb. 9% July 1% Jan. 2.90 June 17 Jan. 16% July 8% July 16 2 14 29 4 30 10 26 25 40 39 June 24 Jan. 21 26% 8% 14% 5% 27 26 19 17 July 25 55c July Jan. July Mar. 1.13 Jan. 13% Jan. 18 19 Apr. 14 July 1 16% July 23 95 Feb. 3 Mar. 29 16% July 23 SALES AQQREGATE In July Jan. 1 STOCKS Bid Prior preferred 1,927 100 4,553 Meieir-Frank Co 10 27,490 Menasco Mfg Co common 1 53,520 Nat Auto Fibre* IncCom stkl 47,209 Natomaa Co capital .v • 3,383 North Am Inv Corp com._ 100 6 665 . 843 450 130 6% preferred 100 335 s%% preferred 100 19,179 North Amer Oil Consol cap. 10 140 3,580 505 Occidental Insurance 40 550 14,394 cap.. 10 Occidental Petrol Corp com.l Ask i7M 5% 8% >!* 6% 10% 0% Sale 9 38 Sale 1534 954 Sale 33 Sale 12 Sale 634 1054 634 3434 July July July July 33 July 1134 July 26 July 25c July 8 26 29 23c 34 July 10 July 934 July 1.95 July Sale Sale 3434 28 32c 21c 30c Sate Prices Sale Prices % 434 34 934 r7 34 ; 934 11% 634 11% Sale 26 Highest Sale Prices 1 2.85 Sale 11 Sale 34 11 27c 10% Sale 35 48 48 26 3 9% 9 0* 26 1 1.95 Sale 1.50 Sale Lowest Sale Prices 8 Sale 10 8 8 2* 1 % Ask 6* 3* 8% 3H Highest Lowest Ask Bid Bid 2 % 2% July 30 July 1 1938 Par 10 Market Street Ry Co com. 100 10 Preferred 100 10 Second preferred 100 16 22,538 23,562 7,284 I Price Jan. 3 Shares 660 RANGE SINCE JAN. PRICES IN JULY SAN FRANCISCO STOCK EXCHANGE Since Shares 63 SAN FRANCISCO STOCK EXCHANGE Aug., 1938] 32c 21 14 34 July 13 1534 July 29 10 July 7 334 July >46 10 July 25 1234 July .22 8 July 13 40 Jily 27 40 July 21 13 July 19 2634 July 13 25c July 14 June Feb. July Feb. Mar. 11 14 13 11 30 % June 11 434 Feb. 14 34 July 13 • 80c] Mar. 26 1434 June 11 10 July 7 3 34 July 16 i-3 34 Mar. 29 10 July 25 754 Mar. 31 354 Mar. 26 23 Mar. 29 17 Apr. 26 934 Mar. 31 12 34 July 8 July 22 43 Feb. 40 Jan. 24 19 23 Mar. 31 17c June 15 13 13 54 Feb. 23 2834 Jan. 15 Jan. 10 30c O'Connor Moffatt & Co— 90 370 >. 3,813 210 600 1.670 Class AA common * 2,040 2,284 Oliver United Filters Inc a..* 20,576 b__.l • 850 PaauhauSugarPlantCo capl5 2,130 Paciflc-Amer Fisheries, Inc.5 8 091 Pacific Can Co * 771 Pacific Clay Products....... • 502 212 66,096 Pac Coast Aggregates com. 10 78,643 Pacific Gas & Elec Co com.25 48,150 6% 1st preferred 25 13,963 5%% 1st preferred......25 19,935 Pacific Lighting Corp com..* $6 dividend pref 3,114 ♦ * 50,295 Pac Pub Serv com non-vot First preferred 21,436 • 3,610 Pac Tel & Tel Co common. 100 1,097 6% preferred 100 162 9 12 10 IS Sale 3,776 310 17,389 3,210 280 1,891 15,377 210 330 30 60 Paraffins Cos, Inc., com. Preferred * .....100 ..... Sale 27% 29 % 26 % 35 % Sale 103 4% 131 140 Sale 24 22 Sale 7 834 1.90 Sale 3054 27 28 3954 Sale 6% 18% 834 July W* 40 107 34 108 106 Sale Sale m Sale 106 138 9 V* iVA 1.75 2634 Sale 40 17 % 114 Sale 105 Sale 17 111 k 27% Sale 36 Sale 6 29 % 30 29% 634 534 754 Sale 7 1.80 5% 1.45 Sale 6% 4% 8% 0% 6 5% 2?* 25 20 15 272 Pacific Western Oil capital. 10 2,378 12,678 8,744 2,758 8% 7% 114 734 1854 Sale 14034 142 14534 14034 July 13% 80 92 37% 1% 39% 2% 9 7 23 5 July July 754 July 6 28 25 6 6 .Ally 15 16 854 July 28 7 34 July 2 934 July 1.95July 2934 July 30 34 July 2754 July 4154 July 108 July 754 July 1934 July 114 July 144 July i9 13 25 7 1 12 12 7 21 19 19 30 28 5 27 1 29 1 6 11 1 1 2 5 May 26 15 Mar. 29 13 45 92 96 48 Sale 56% 41% 3% 41 4534 July "II 5 89 July 1.037 Co 2,524 Phillips Petroleum Co cap..* 830 Pig'n Whistle Corp partlc pf * 5,189 Puget Sound Pulp & Tim com 8,590 Ry Eq & Realty Co Ltd com.* 100 2,868 732 30 55 100 capital 41 2.50 Jan. 12 6 14 17 25 13 2.05 Jan. 21 23 Mar. 31 29 34 July 27 Mar. 31 3054 July 1 12 Mar. 29 6 Jan. 1.40 Jan. 2534 Mar. 30 3234 Mar. 31 10 Jan. 15 41% July 7 21 19 19 28 Mar. 31 108 99 354 1354 8734 13154 Mar. 30 Mar. 30 Apr. July 754 July 1934 July 11954 Jan. 144 July 10 15 Jan. 10 50" "July "25 2934 Mar. 31 50 96 July 89 June 30 96 July July 25 19 55 58 June 14 19 5% 534 648 600 80 Preferred 499 124 216 100 2,505 Ryan Aeronaut Co Sale 23 39 Sale 37 42 1334 854 234 1334 1% 955 1,399 104 J* 200 6H% cum conv pref 100 806 Sherw d Swan Co Ltd cl A..10 98 70 805 15,764 Signal Oil Ac Gas Co class a.* 9,667 71.509 Soundview Pulp Co new 5 1.402 Preferred .........100 Sale 60 410 Sou Cat Gas pfd 6% cum a.25 6 16% 20 12.061 1,646 21% 87 14.131 Super Mold Corp of Cal cap. 10 12,663 Texas 4% 26 80 2,603 76,169 Sou Pacific Co com (cap'l).loo 4,342 Sou Pac Golden Gate cl a..* Class b 4,790 ...» 1,050 Spring ValleyCo Ltd capital * 71,605 Stand oh Co of Calif capital • 2,038 101 6 24,295 275 100 420 Consol Oil Co 18,364 4,752 Tide Water Assoc Oil Co 30 1534 25c 6 com 31% 20 75c 35c 634 33 30 July 1534 July 10c July 25c July 554 July 3054 July 1834 July 80c July 1 July 14% July 9154 July 1054 July 1454 1534 Sale 93 96 Sale 1054 Sale Sale 80c Sale 75c Sale Sale Sale 2034 1134 934 1834 3 34 2154 Sale 1054 Sale Sale 934 3634 2054 1134 9 34 15 Sale 85c 75c 21% 12% 8% Sale 20 1 Sale 79c 35 19 75c 15 270 Western 10c 454 July July 2054 July 89 July 27 11 345 WeUsFargoBk Ac UnTr cap 100 985 1,653 25,263 3,234 1,856 3% - 8 30% 280 „9% 4 8 8% 35 33 286 Sale 1 1 5 12 1 1 29 12 July July 1734 July 2454 July 654 July 41 July 14 34 July 854 July 2.15July 1534 July 12 6 30 29 12 154 Feb. 14 354 June 15 Jan. 5 June 5 40 8 9 May 26 3 Mar. 30 295 15 3 34 834 32 280 July July July July July «uly July July July 13 23 7 92 19 1 25 25 3034 2134 15c 25c 19 634 22 34 54 20 July 95c July 2 July 12 20 14 1554 July 97 27 July 1254 July 14 80c 1 5 30 27 1 29 6 5 1 2234 1254 1034 1854 454 10 35 1 13 2 19 25 15 r8f3 Mar. 4.50 Apr. >■ 11 25 27 1154 Mar. 30 Mar. 30 60 28 Apr. 13 934 Mar. 29 10c July 25 13c May 17 4 6 Apr. 2534 Mar. 31 13 Mar. 26 70c Mar. 75c May 19 3 1054 Mar. 31 7634 Feb. 17 June 31 8 22 119 ll* Feb. July July Feb. 3 100 15 1734 Mar. 31 954 Mar. 31 1 23 2 3 J* Mar. 29 July 23 Jan. 10 92 July 21 3034 Jan. 22 34 Jan. 15 12 24 Feb. 63 25 May 8 634 Feb. 14 3454 July 25 38c June 17 23 1.20 Jan. 10 134 Jan. 19 July 19 25 1254 Jan. 12 1554 July 97 83c 22 34 2234 1034 554 Mar. 26 1854 634 Jan. 26 454 234 Mar. 29 6 1054 May 25 25 May 27 4134 25734 Apr. 13 29554 29554 July 18 July 19 July 22 May 12 12 10534 May 20 2.00 July 26 19 May 26 18 45c July July July July July July July July ^ June 29 26 1 23 18 23 2 21 22 23 29 25 2 25 41 Jan. 111 July July July July July July July July July July 6 15 July 17 10234 Apr. 80c May 3 Apr. 10 Apr. 5 24 92 3 Apr.> 27 July 12 22 29 Feb. Jan. 9 June 19 22 1 634 Feb. 28 II* June 22 July 22 25 13 7 13 July 12 1434 Jan. 11 854 July 30 2.15 July 29 954 Mar. 29 454 Mar. 29 July July July 634 July July July 254 Mar. 29 Mar. 29 30 22 2 254 July 2954 Jan. 119 18 43 34 July 28 1754 May 23 92 34 Mar. 9154 • 41 154 July 5 July 1634 July 95c i 6 22 118 30c 5 734 July 20 1.60July 1854 July July 30 120 3234 1 5454 Apr. 27 3134 May 24 87 16c Sale 80c 25 7,632 2054 Sale 230 3,912 3 17 13 108% 10434 112 2 154 ol Sale 634 1754 1634 16% 103 104 10534 5 434 5% 31 Sale 2834 21 22 Sale 94 92 9034 3034 3034 3134 Sale 19 Sale * . Sale 93 54 105 2 3 117 50c 50c 8 20c 180 4%% preferred new 100 286,167 Transamerlca Corp capital. .* Treadwell Yukon Corp Ltd— Common capital 25,952 ...1 41,975 Union oh Co of Calif cap..25 11,325 Union Sugar Co common..25 5,567 United Air Lines Trans v t c_5 ...10 86,400 Universal Cons oh 13,042 Victor Equipment Co com_.l Conv cum pref........ 7,656 5 2,800 Walaiua Agricultural Co..20 40 64,811 2% 1 com 870 Thomas Allec Corp class a 300 28% Sale 1634 19 118 111 3,357 Schlesinger (b f) com (new) Preferred (new) 2,445 ..25 5.898 Shell Union oh Corp com..* 1,637 Sale 100 18 150 6an Joaq Lt Ac Pr prior pf.100 130 6% prior pref ser a.....100 534 534 3 1434 common . 15 92 com cap 1,431 Safeway Stores Inc 50 634 554 22 2 1 840 634 o Sale Sale 6% 100 "1,540 25 13 7 6 2 19 19 13 40 13 common.... Bros Inc common 7 2.75July 37 1 Series a preferred... July 4334 July 13 14 Com stock purch warrants. 3,572 Roos 7 25 2034 5% .....50 31,639 Rheems Mfg Co 95,290 Richfield oh Co July 2.75July 554 July 534 July 3834 July 14 July 2034 July 554 July 40 July 13 July 654 July 2.15July 1534 July 38 41 Cumulative preferred...25 36,800 40,729 Republic Petroleum Corp 1 4,213 31.799 55 43 34 July Sale 43 Sale 6% preferred (new).....100 56,743 Rayonier Inc common ...1 18,625 12,811 13,561 Sale 634 55 2.75 24 1 8 Jan. 43 50 28 25 734 July 934 July 454 May 13 Apr. 19 M Philippine Long Distance Tel 12 July July Apr. 15 Sale Jan. Jan. 8* 3 54 Mar. 26 15 15 46% 85% 34" "37"" July 634 July 5 July 834 July 634 July 7 34 July 1.80 July 2654 July 30 July 2734 July 40 July 105 July 634 July 1854 July 106 July 21 June 27 July Mar. July July July Jan. Jan. July 25 7 18 25 7 11 11 13 Pipe Ac Steel of Calif 21% 22% 21 23 2134 July 9 2334 July 23 1434 Mar. 29 2334 July 23 (Consolidated) cl a ser 1.80 30 33 27 31 28 32 28 6 31 19 22 32 Jan. 8 Class a series 2 com cap..50 65 3,034 Yosemite Portl Cem Co pf..l0 U 1,794 22 30 24 29 24 32 13,532 19 common 16 % Sale Yellow Checker Cab Co— 270 1,100 "1,379 150 165 Amer-Hawaiian SS Co """500 520 Amer Pow & Light * * * com. 1,137 6,750 3,591 1.061 885 1 1% 3% 25% 3% * com 8% 24* 150 731 Ark Nat Gas class A 200 1 4% 1,094 235 2,840 3,253 83,705 1.039 12,788 * 5% U% 145% 10% 6% "6% 65c Sale 28* 142% 43c Sale 32* com 3.50 4 Atlas Corp common * Aviation Corp (Del) com Bait & Ohio RR common.. 3 100 Bancamerica Blair capital..1 385 Barnsdall Oil Co 1,023 175 355 734 h3% 8% 4 5 12% 10% 7,941 1,362 common Bunker Hill & Sullivan Mg & Con Co common 2H Calif-Oregon 4 Sale Sale 8 4 „ 834 434 734 4% 9% Sale 17 13% 11% 16 aV/s 60c 36 15 16 9 19 8% 4% 4 Sale 3% 37 4 8 Sale 4 9% 4% • 20 13% % 2.60 13% Sale 1454 16 TM "216 * 1634 16 17 21H _____ 78 2.90 3% 2% 100 July 19 Mar. 12 18 July m* 42 June 9 May 26 Apr. 4 2.00 Mar. 18 21 11 Mar. 23 3 31% 634 334 434 June 28 May 23 May 28 June 15 3 i Mar. 29 17 : July 1 13 54 June 30 May 24 Mar. 30 11 5 19 July 2134 1034 634 16 34 14934 70c Mar. 8 Mar. 9 July 20 July 21 Jan. 8 Jan. 6 3634 Mar. 16 Jan. 11 4.25 Jan. 19 17 4 July 3734 July 854 Jan. 434 Jan. 11 July 534 Jan. 17 July 2 134 10 7 17 1 July 30 Mar. 1 1 6 21 3 54 July 3 25 1034 Mar. 30 18 July 20 5034 Mar. 22 50 Apr. 4 10c May 4 300July 15 1.10 May 24 12 20 July 29 29 60 Feb. 66 Jan. 15c Feb. 2 8 4 20 Power— 65 70 50 70 60 70 65 Sale 15c 50 70 60 70 15c 6% pref (non-callable)-.100 6% pref (1927 series)..-.100 200 Calif Pac Trad Corp com * Preferred * 160 10 906 Calwa Co common 100 Canada Dry Ginger Ale cap. 271 634 July 20 634 July 20 15 July 12 1634 July 21 2 13954 July 21 14354 July 55c 1 43c July 21 July 33 July 11 3754 July 25 16 5 July 18 1434 July 6 434 July 334 July 29 1 1 4 July Jrly 6 6 3734 July 3634 July 5 July 834 July 14 1 1 4 34 July July 7 8 July July 12 1 5 July 434 July 29 1 1 17 17 July July 6 2134 July 30 1454 July 21 34 July 21 034 July 354 July 25 234 July 12 1634 July 20 ""'110 2434 Mar. 31 354 July 29 1 % Jan. Feb. 19 19 9 1034 Mar. 634 July 20 1034 Mar. 25 Apr. 1 35 Sale 5 12% 6% Sale 3% 3% 35% 8% 134 July July 154 July 23 July 19 5 2134 191 13 May 19 22 May 19 254 June 23 29 53c 3354 1554 3554 2,023 Bendix Aviation Corp com..5 1 1,770 Berkey & Gay Furn com. 10 1,680 Bolsa Chica Oil cl A com 110 3% 8% 1 % 4% 1 4% 27% 10% 5% 16% 141 Sale il% 2.85 1234 7% 15% 15 12% Sale 1% 534 25 % 300 Atch Top & S Fe RR com..100 302 "3""" July 12 ""3 54 July "29 4 3% Sale 24 10 3,001 Amer Rad & Stand San com. * 100 11,034 Amer Tel & Tel Co com 1 52,502 Am Toll Bridge (Del) com 19,537 Anaconda Cop Mg Co com. .50 * 8,579 Anglo Nat Corp cl A com 5,507 Argonaut Mg Co Ltd capital 5 1.249 3% July stocks unlisted 700 Alleghany Corp commoh 424 Amer & Foreign Pow com 340 Amer Car & Fdy Co com 300 3 July 5c 15c 3.50 1.45 2% 1.50 3% 18% 4% 3 1.10 1.10 17% 19% - - — 19^8 3 July 1.15July 3 54 July 15 12 29 20 154 July 1 21 1034 July 154 July July 16 4 July 1034 July 20 6 30 534 July 42 July 9 6 12 42 934 July 1 20 ;; July : 1.15July July 3.75 July 19 1.50 Jan. 11 20 July 29 Chanslor & Lyon Stores Inc 22 Class A cum 17 conv 17 25% 2534 Jan. 10 17 Jan. 10 Cities Service Co (new)— 880 $10 par 2,446 13,694 Claude Neon Lts Inc com 2,105 Coen Cos Inc class A conv 2,407 10 1 1 * 35c 9 954 Sale 154 Sale 1% 40c 25c 1% 9% 1% 35c Sale 7 1 834 May 134 Jan. 28c 90c 4; 50c 9 54 July Jan. 3 4 6 1034 May 10 234 Jan. 25 50c Jan. 10 Columbia River Packers 4.20 7% 21% 8% 7% 22% 9% 834 2734 934 834 2834 3354 '34% '35% II* ii>* 27^ 10% 34% 36 35 1,730 ""loo 2,353 3.50 10 Comm'l Solvents Corp com..* 300 Consol Edison N Y common.* 490 * > Assn Inc common.. 6,570 Consol Oil Corp common.._* 200 Continental Oil (Del) "" 300 Crucible Steel of Am " 4^868 20 94 740 • cap. com. .5 100 1 2,951 Curtiss-Wright Corp com 715 Dominguez Oil Fields cap—* 1,249 Dumbarton Bridge Co com. 10 8,660 Elec Bond & Share Co com. .5 No par value. 4 40 4% 4434 . 2 4 10 5 36 " 45 5% 40 "8% 9% "934 45 30 July 16 July 1054 July 20 13 8 8% June 13 Jan. -4 14 Apr. 19 Mar. 29 May 23 June 27 July 19 July >12 Mar. 29 Apr. 1 May 13 85c 1.10 Sale 12% 28% 10% 35% 36% 5% 4 954 July 7 Mar. 25 6 9 Feb. 21 54 Jan. 14 20 1054 July 13 2534 May 17 3134 June 27 6 July 19 4434 Feb. 18 50c Apr. 22 954 Jan. 11 30 July M SAN aggregate wales In July Shares 60 W'-v ' 'j.: STOCKS Bid 170 * Preferred... 20 Hawaiian Sugar Co capital 20 Hobbs Battery cl A capital- - * B capital.......... —* Holly Oil Co capital... 1 Honokaa Sugar Co capital.20 Idaho Maryland Mines Corp 506 888 1,213 752 200 - 590 ■ 5 6 —1 5% 6 Capital 12,108 14,690 15,018 1,750 1,000 55,087 200 ' 3,124 40,649 ; 25 29 70 24% 33% 15c 1.50 1.00 15c 80c 3 2.40 2.00 50c ..... 23% 2.01 7 50% 10% 7% 51% 9% 47c Sale 3% Sale 41% 42% 9% 39% 10c 15c 10c 14c 23 17 23 20 25 3c 40% 33 J "5% ..... 33 4% 7% 7 Sale 22c 5 3% 8% 7 31% 5% 10% 3% 5% 43 4 6 7% 7% Sale 20c Sale 3% 6% 6 July 65 6 "^6 July 19 7 7 • Mar. 31 26% May 31 1 Mar. 23 35c Mar. 26 1.50 Mar. 29 7% July 2C 9% July 14 38c July 1 2.50 July 1 41% July 6 10c July 14< 22% July 28 33 % July 6 4% July 13 7% July 8 20c July 6 9% July 14 47c July 5 3% July 23 42% July 23 10c July 22% July 33% July 4% July 7% July 22c July 6% July 7 41% July 12 1 48 23% 45% ,46% 7% Sale 10% 11 10 10% 20% 21% 30 27 28 26"" July "9 28% 6 6 27 32 6 July 25% July 15 . July 2 13 21 28 July July "r6 50 19% July 15 July 7 July 3 July 8% July 1 i July 19 July 1 50c Feb. 1.75 Feb. 11 Feb. 8 9 7% June 15 June 9 44 1 9 10 June June 27 Jan. 12 3.50 Jan. 23 23 June 3 1.50 Mar. 29 50c 28% May 26 10c July 14 17% Apr. 1 33% Apr. 30 42% July 23 June 17 4 5% Mar. 28 Mar. 24 15c :* 6 June 4 1 7 65 2 22% June 35% Feb. 10 1 % July 27 Feb. 6 4 —- 4 4.95 Mar. 31 44 July Sale Highest 44% Mar. 31 21 32% July 21 1.75 July 27 50 ?§% 18c Sale 2.55 Sale 60 28 July 1.40 July 5% Jan. 7 Sale 49% 10% 38c A* Lowest 10 5 6% 29c Highest Sale Prices Sale Prices Prices Sale Prices % i July 25 104 % July 26 101% July 25 104% July 26 42 'July 6 43% July 20 43% July 20 32% July 13 16 Mar. 8 17% June 30 Sale 55c 27% 1 4.50 Inc. common...... -* 121,505 Mountain City Cop Co cap .05 1,650 Nash-Kelvinator Corp cap..5 8,739 Nor Amer Aviation Inc cap. 1 525 3,032 30% 5 9% . 200 North Amer Co ,8% 19 * common 1,533 Oahu Sugar Co Ltd capital 20 904 Olaa Sugar Co Ltd capital.20 542 Onomea Sugar Co capital..20 330 25 280 123 — 24 38 2.60 34% jo 6,653 ' 'o Since jan. x 6% Feb. 21 17c 15 Feb. 22% July 28 34% Jan. 24 5% Jan. 19 7% July 8 38c Jan. 14 4 6 June 7% May 18 Montgomery Ward & Co, . V 21% 61 23 32 1.75 19 -—10 Preferred 552 60 12c 246.269 MJ&M&M Consol capital. 1 150 Monolith Portl Cement com. * 100 - 59 35% 806 McBryde Sugar Co Ltd cap—5 5 600 McK & Robbing Inc com 415 24,750 £8 A* 230 Marine Bancorporation cap. * * 229 Matson Nay Co capital 35 413 223 Sale 40c 2.40 2.60 Corp of Am com 1 7% cum preferred... 1 69,186 7,405 Kennecott Copper Corp com * 8,154 Kleiber Motor Co capital.. 10 10 V Italo Petrol "42% 42% Sale 17% 18% 14 1.50 35c 1.75 100 Internat Nickel of Can Ltd.* Intern at Tel & Tel common. * ■■■ 1.090 ■ 52% 20% 30 50,064 3,845 " 100 % 41 Ask Ask Bid 101 Bid Ask 40 % 13 % chemical Co common 1,150 2,042 range Lowest July 30 July 1 100 20 ... 1938 Par 890 Goodrich (B F) Co common. * Great Western Electro¬ —-- in jlly Price Jan. 3 71 Fibreboard Prod prior pf.100 * 12,440 General Electric Co com 2,657 , ? Prices STOCK EXCHANGE Jan. 1 ■ . SAN,FRANCISCO , Since Shares FRANCISCO STOCK EXCHANGE ; 5 com. 100 Sale 5 6% 38 32 51* com.. 10 223 Pac Finance of Calif 497 Pacific Portl Cement 303 6^% preferred 10 10* It* 9% 20 33 31 44 5% Sale l"70 Sale" 30 1.30 100 45 4 4% as 4% 2% 600 160 Santa Cruz Port Cem com. .50 1,710 Schumacher Wall Board com* 585 1,685 2.50 "4% a* 300 6,223 Packard Motor Car Co com.. * 150 Pantapec Oil of Venez com. 1 860 Park Utah Cons Mines com.. 1 '200 Pennsylvania RR capital—50 419 Pioneer A ill Co Ltd capital 20 20,951 Radio Corp of Amer com....* 1,885 Radio-Kelth-Orpheum com. * 1,826 Riverside Cement (Dei) A— * 10 1,340 120 100 ; 225 4,376 915 3% C 5%% preferred B 6% preferred.. 8,624 120 Sou Calif Gas 6% pref 6,121 60 50 5% 4% 2% 5% 5 3% 21 22 17 14 17 2% 8% 29% / 6% 2% 7% 25 7 3 10 29% 5 3% 4 4 Sale 17 20 Sale 24% 27 27 28 6% 22% 24% 26% 27 8 It* 26% 27 8 Sale 25% Sale 29% 29% 15 7% 22% 27% 25% liv" July"i9 1 17 28 6% 3% July July 8% 23% 28 26 — June 7 3% May 27 31 Mar. 24 6 July" 13 July 2 July 22 July 21 15 22 11% 1.65 44% 3 % July 5% July 11 6% 16% 19% 4% 5% ; 2 25 , 22 24 25 25 25 7 July 10 2.50 3 Sale Sale 2% it" «9* 16,132 7 5% 5% July 26 7% Jilly 29 8 30 2.40 24 255 Silver King Coalition M cap. 5 Sou Calif Edison common..25 100 2,903 1,576 2,155 6% 6 25 1.40 * Preferred i# 20"" 6 "Y.75 ~ 46 50 17 810 Shasta Water Co common..* 85 Sale 8 Sale 5% July July 25 19% 15% 7% 3% 8% 19 19 5 July July July July 20 July 26 27 13 1 18 July 25 24 July 13 25% July 5 27% July 2 30 July 6 ii 4 July July July 8 July 24% July 26 July 28% July 30 July 20 30 29 5 25 - 27 26 6 16 11 Mar. 26 Aer. 29 May 23 June 9 May 18 June 24 Jan. 3 Jan. 27 Mar. 30 Apr. 18 June 10 Mar. 25 May 11 4% Mar. 30 2 June 9 5 Apr. 16 29% Jan. 17 2.00 Feb. 23 7% Apr. 1 23% Mar. 29 9 Jan. 10 19% Mar. 30 Apr. 13 25% Mar. 30 30 July 6 24 48 July 26 9% Jan. 13 10% Jan. 24 11 July 19 17% May 27 35 Mar. 7 8 Jan. 15 35 Jan. 10 15 July 21 1.75 Jan. 26 50 July 6 5% July 5 5% Apr. 18 2% Mar. 17 19% July 1 22 July 25 ' 7% July 7 3% July 20 8% July 26 30 Jan. 25 4 July 30 20 July 29 27 Mar. 21 9% Jan. 8 24% July 7 26 July 27 28% July 26 30 July 6 Sou Pac Golden Gate Co— 100 6% preferred 547 62 100 2,562 46 50c 5 54% 56% 25c 30c 22 19 8 4% 6 6% 56 8% 57% 25c 10 10 8 20% 45 30c 3,647 Standard Brands Inc com— * 200 Standatd Oil (N J) capital.25 1,000 Sterling Oil & Dev Co cap—1 6,794 Studebaker Corp common.. 1 89 100 8 14% 90c 8 9 8% July 26 12 % July 8 8% Apr. 7 18 Feb, 24 June 8 8% Jan. 55% July 35c July 8% July 31 2 28 28 10 10 7 55% July 2 35c July 28 6% July 11 55% July 2 35c July 28 8% July 28 50 June 22 25c Feb. 23 Mar. 25 4 Sunset-McKee Salesbook Co Y Class A 3 * —* common Class B 209 13 4 common— 18 17% Mar. 26 15% 8% 14 18 Jan. 8 9 Jan. 9 Jan. 13 8% 50 33% 9% 44% 43 13 45% 39 43 10% 46% 48 27 30 28 36 30" "July 34" "July" 12 25% June 7 79 8% 80% 28% 3% 82% 27% 84% 81 81 81 July 6 28% 3% 28 19 Mar. 30 14 Superior Portland Cement Class A preferred 145 75 25 Class B * 32 * common 100 Texas Corp common 25 129 Title Guaranty Co cum pf._* 70 37 34% June 8 7% June 8 40% June 20 34 13 9% July 9% July 6 Mar. 8 June 8 June 20 Mar. 16 38% 7% 40% 36% Union Carbide & Carbon— 100 130 2,018 9,787 2,574 36,920 21,183 2,385 2,120 636 9,095 4,993 400 * Capital United Aircraft Corp cap—5 United Corp of Del common * U S Petroleum Co capital...1 * U S Steel Corp common Utah-Idaho Sugar Co com..5 Vica Co common 25 110 Wailuku Sugar Co capital.20 7,837 Warner Bros Pictures com..5 177 West Coast Life Ins Co cap..5 2,264 36 100 Western Union Teleg com 27% 3% 26% Sale 3% 3% 1.25 1.40 52% 53% 98c Sale 2.25 m 1.00 58% 1% 1.00 59% 1% 2.75 3 1.00 59 1.10 60 1 1% 1.25 /3% 1.00 56% 1% July July July July July July 29% 3% 1.25 62% 1% July July July July July July 2 ""6% "6% 10 12 6% 30 100 12 8 10 31% 30% 6% July 10 July 20 25 32% 1.55 Jan. 12 May 27 Mar. 31 62% July 1% Jan. 3% Jan. 19 May 7% July 11% Feb. 21% Mar. 25 1 7% July 18 10 July 20 Mar. 31 40 2.75 "6% "6% 4 25 75c 30% Sale Apr. 6 81 July 29% July 3% Jan. 1.00 Apr. 8 18 May 26 4 Mar. 30 6% June 30 21% Mar. 30 13 17 25 18 22 30 RANGE OF PRICES ON THE LOS ANGELES STOCK EXCHANGE 1938 Stock Sales Shares_ July Jan. 1 to July 31. SALES AGGREGATE July Shares 200 STOCKS 210 300 500 "Y,66o 4,500 2,000 400 2,200 417 8,400 6,500 5,000 1,400 """535 2,090 "Y,4O6 900 100 900 2,500 1,500 800 /• Y 900 1,600 1,800 Par 5,600 13,200 8,500 5,700 4,700 4,900 B Broadway Dept Store com Brock & Co 2d pref.......100 Buckeye Union Oil com——1 Common vot tr ctfs 2.300 26,400 6 Claude Neon Elec Prod Ltd.* Consolidated Oil Corp......* Consolidated Steel com..._ ....* v t c.* July 31 - . $6,500 - —- range since jan. IN JLLY 3% 3% 23"" "28" 42c 90c 27c 55c 1% 50c 2 2% July 1 1 Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices July 30 1.25 July 3% July 10% July 29% July 30c July 87 %c July 7 45c July 2% July 8 % July 4c 1 JUly 7 July 27 July 19 July 21 3c 4c 20 "15% July "23 1.25 July 23 1 9 July 1 10% July 8 5 July 1 10 July 13 4% July 2 60% July , .......25 700 Douglas Aircraft Corp......* 5,800 Borneo Derr 9c Equip Co 5 ....1 105,700 Exeter Oil Co A. 190 Farmers Ac tferch Nat Bk.100 vFerA>otnptea nee-page 85 1 Preferred vot trust ctfs. Byron Jackson Co..........* California Packing Corp....* Central Investment Corp. 100 Chapman's Ice Cream Co...* Chrysler Corp Preferred........ Creameries of America Ask ....1 1% common..............10 62 %c 695 District Bond Co '""366 Jan. 1 to PRICES ......... 9,400 10,130,255 3 1938 Bid 400 Assoc Gas 8c El A.... 1,100 2,100 ; Price 1 32,600 Bandinl Petroleum Go * 1,000 Barker Bros common..... 508 5H% preferred .....100 7,400 BaSbhart-Morrow Cons...—1 8,400 Berkey 8c Gay Fura Go 1 Warrants 1,300 31,800 Bolsa Chlca Oil Corp A 10 100 1937 Jan Shares 7,400 1938 Bond Sales ;.i* 695,114 LOS ANGELES STOCK EXCHANGE Since Jan. 1 In ' - 1937 ' 911,343 3,848,522 July "9 9% July 11 75c July 12 375 July 1 "50% 1.25 July 4% July 10% July 30% July 40c July 1.00 July 50c July 3% July 7 87%c Mar. 18 2% May 24 5 Mar. 23 24 Apr. 30 25c Apr. 2 52 %c Mar. 30 25c May 26 1% July 4% July 10% July 30% July 45c Jan. 1.00 Jan. 50c July 3% 1% Mar. 10 62 %c Mar. 22 6% June 2 12% July 20 9 May 25 10 5c 2c 4c May 16 July 7 5c 4c 3c Apr. July 11 4 5c 4c 4c July 19 May 4 15% Apr. 8 20% 20% July 21 18% Mar. 25 20% 18 10 July Apr. 1 18 1.45 1.25 Mar. 28 1.25 July 36 Mar. 31 70% 70% July 9% 6% Mar. 30 9% July 7% Mar. 31 10% 10% July 6 ,6 2% Mar. 30 July 11% 8 11 % July Apr. 11 4% 3% Mar. 25 4% July 4% 4% Jan. 26 43 53% July 22 Apr. 20 53 % 6% Mar. 31 10% 10% July 28 90c July 18 52 %c May 25 95c rADr. 6 399 375 July 1 340 6?&c ar. 7 19 7 1 6 18 22 20 23 Jan. Feb. Feb. 22 8, 26 July 21 Apr. 16 10 Mar. 23 Jan. July July July July July Jan. Jan. July July Jan. Jan, 19 20 19 2 19 31 26 22 28 11 21 STOCK EXCHANGE Since Jan. 1 STOCKS 200 2,900 3,100 General Motors Corp..—2.50 Corp......10 General Paint common.. Gladding McBean A Co • Globe Grain A Milling Co..25 6 30 H 7 T, 700 754 300 Holly Oil Co 100 Honolulu OU Corp 900 Hudson Motor Car Co '""loo 300 1,300 1,300 6,100 15,000 I,200 17,600 129,235 74,423 45,100 58,600 7,300 12,200 129,900 "2",500 13,425 7,600 13,300 11,300 2,500 1,200 49,600 ...* Hupp Motor Car Co......... Jade Oil Co 32 65c 12** }H i7!£ A 5c July 5 July 27 July 30 1234 July 1 3 July 1 334 July 7 55c July 20 134 July 5 14c Jily 5 4c July 6 5c 10c Investment Co.......-1® Mascot Oil Gj_....... 6,000 42,800 1,330 15,100 221,150 18,100 22,200 "7",300 ......1 65,650 3,300 3,000 1,600 5,000 2,000 1,600 7,400 11,500 1,100 20 700 400 3,600 1,900 200 Mid-Western Oil Co Mills Alloys Inc A.. A Dev..l 52 34c July 13c July Mt Diablo OU Ming —...5 Nordon Corp.. Occidental 20c Pet Corp....— 1 1 Pacific Clay Products......* Pacific Distillers Inc 1 Pac Finance Corp common. 10 Preferred series A....... 10 Preferred series C ..10 Pac Gas A Klec Co com 25 1st pref t% .....25 5H% 1st preferred......25 Pacific Indemnity Co......10 Oceanic Oil Co 100 1,006 800 6,100 600 373 300 July 1234 July 7 2734 3034 2734 2634 * * 1734 846 12 2,000 34,300 18,861 Rice Ranch Oil Co 1 117,700 Richfield Oil Corp common.* 5,760 1,800 24,100 2,700 32,000 Warrants.. 2,200 ""400 4,100 7,900 140 19,606 4,600 326 1,905 2,200 1,800 12,766 700 4.000 12,100 5,200 28,160 3.900 13,100 1,200 4,200 16,700 8,560 100 500 11,700 8,500 7,500 64,400 26,760 200 2,100 100 100 56,600 2,500 1,100 100 • 79,450 11,000 210,000 7,649 60,600 500 400 "466 800 100 100 400 1,200 200 1,400 • No par < Mar. 12 Mar. 29 17 Apr. 7 Jan. 6 25 May 26 Mar. 21 1.30 Jan. 27 65c ___ 50c 36c 1834 Sale 254 Sale 15 Sale Sale 9c 26 July July 22 1 3834 2734 2534 2934 25 3034 1634 3134 2 80c 30c 3c 1.00 5 6 6c 18c 75c 19 30c 26 934 1134 Feb. July July July July July July July July 22 1 20 6 22 8 7 20 634 July 13 40 July 12 18c July 19 834 July 30 234 July 5 July 9 A* 40 834 1134 2134 7 X 6X 1H 634 6 7 3 30 July 28 234 May 20 June July July July 19 2 22 28 26 3034 2134 3434 3 46 1134 12 2234 1834 9 1 5 434 July July July July July July July July July July July July July July July July July July 27 25 25 21 19 15 25 25 19 23 6 13 13 25 26 21 25 1 1134 1034 1034 22c 23c 24c 4c 5c 10c Sale Cardinal Gold Mining Co...l 10c 20c 12c Cons Chotlar GAS C0.....I 34 Imperial Development Co.25c lc Tom Reed Gold Mines Co...l 25c .1 6c Zends Gold Mining Co „ 134c 334 2c 35c 7c 7c 8c 8c 234 134c 3 2c 334 Sale 134c 234c 20c 28c 15c 26c 4c 5c 4c 434c t Delisted April July 18c July 4c July 7c July 254 July 2c July 25c July 4c July 334 July 29 11 18 3034 July 28 May 26 Feb. 4 25c 734 Jan. 3 954 2434 3834 2834 llH May 31 Jan. 27 1 2534 Apr. 2334 Apr. 1 2834 Apr. 11 Mar. 30 2534 Mar. 31 2*6* June 12 Sale "334" "434" ~iix 'tlx 1434 'g* 1534 1534 1534 14234 14134 14234 3534 3334 3534 6 6 634 4 Sale 434 254 234 134 2154 2034 143* 31 5 25 4734 4834 "IX 42 1734 5034 1034 15,1938. 3934 5134 4l 8 Sale 934 Sale 1934 1934 Sale Sale Sale 434 5 1134 Sale 334 234 1934 2034 20 54 54 734 4534 834 46 X Delisted May 25,1938. 2434 6734 1534 834 5534 634 32 734 634 5534 5334 10 934 234 134 754 734 1154 Sale 1.00 134 3554 3434 554 534 8 834 1134 1134 4234 4134 23 X 2234 51 5034 954 934 4234 4134 4834 4954 734 46 4634 3.9 54 1834 1034 Sale 21 21% 1154 1234 6H 534 1054 7 634 3 234 1934 l?H 2434 24 7234 7154 1534 1434 834 834 5734 5654 834 Sale 15 July July 534 July 434 July 10 July 8 9 July July 134 July 434 934 1234 4334 July July July July 13 11 15 23 7 1 19 19 10 July 834 July 1134 July 134 July 13 20 29 16 6 July 19 934 July 1 1354 July 20 43 54 July 19 23 Feb. 23 834 1734 654 534 Mar. 29 Jan. 12 Mar. 31 Jan. 26 Mar. 16 9 1 July 21 334 Apr. 6 354 June 14 1 June 18 Mar. 18 234 Mar. 24 23c Mar. ic May 12c >c June 22c lc Mar. Mar. 954 Mar 30 10 July 12 4234 July 23 50 July 25 4334 July 1634 July 10 July 2254 July 1154 July 5 July 1034 July 7 July 254 July 1854 July 2634 July 6734 July 1534 July 834 July 55 July 634 July 49 § Listed June 28,1938. July 25 2134 July 25 11 July 12 2334 July 25 1234 July 13 534 July 6 1134 July 7 754 July 19 334 July 20 2034 July 25 2634 July 19 6754 July 14 15 k July 13 834 July 25 5554 July 16 834 July 30 Mar. 25 3 134 June 3 1434 Jan. July 754 July 36k Mar. 10 July 134 June 634 June 834 Jan. 134 Apr. 2234 Mar. 334 Mar. 534 Mar 1234 July Mar 18 10 3 44 10 7 26 6 29 31 25 3! Feb. 8 July 134 June July July May 13 32 15 20 29 9 June 30 Juiy 954 July 6 19 1 19 1354 July 20 31 45 54 Jan. 10 Feb. 21 18 Mar. 28 Mar. 30 15 Mar. 29 1034 May 12 354 Mar 30 fik Apr. 7 5 Mar. 29 6 134 June 2 13 May 24 1934 Mar. 24 June 20 5 Apr. June 13 15 1054 Mar. 26 7 11 19 July 25 534 Mar. 28 1234 26 23 Mar. 31 59 19 Jan. 2034 July 29 3234 July 29 July 19 10 14 Mar. 31 15 Mar. 31 29 1654 July 3634 Jan. 654 July 434 Jan. Mar. 30 145 2134 May 26 4 54 June 14 30 29 Feb. 2 May 6 July 16 Jan. 21 434 Apr. 6 334c July 11 25c May 4 9c Jan. 4 Mar. 3c 11 Mar. 28 Mar. 18 354 July 12c 20c July 13 July 25 July 26 July 21 July 25 634 Jan. iVA 13 Jan. 10 July 12 4234 July 23 50 July 25 20 July 1334 1254 2234 1834 12 7 1 2034 July 29 3234 July 29 734 July 19 Jan. 8 46 7 18 6 1734 July 30 July 754 July 3034 June 30 2154 Jan. 12 3454 July 25 Mar. 26 112 33 July 27 July 20 July 25 July 21 July 19 Apr. 28 STOCKS—- 14434 14534 2834 2934 26 4 Fen. 10 IS 15 16 9 7 19 2 1634 July 16 30 27 Jan. 3634 July 634 July 434 July 11 5 18 12c 6 5 June 29 334 Jan. 3 July 2134 Jan. 334 July 734 July 19 234 June :6 11c Juiy July 18 20 5 . 18 113 31 1034 June 5 13 July 12 May 26 854 Juiy 30 5 234 July 26c Jan. 29 27 16 25 11 654 July 40 17 Jan. July 23c July 12c July 10c July 434 July 3c July 25c July 634c July 29 734 Feb. 26 2334 Mar. 29 1334 Apr. 27 Mar. 30 5c 2 11 14 20 Mar. 25 5 1.10 Mar. 30 30 27 8 June 13 Mar. 31 16c 19 24 1 20 19 22 July 20 May 7 Jan. 14 Mar. 26 334 July 734 July 954 2434 3834 2834 18 28 7 17 1.05 Mar. 30 9c 9 25 106 434 Mar. 9 1734 May 7 1454 Jan. 10 4 May 26 19 19 May May July July 27 34 Jan. 25k July 41 July 12 3fe 934 2834 3034 16 31 25 19 26 30 0134 Mar. 29 10c 334 334 July Jan. 2334 Mar. 28 Apr. 2634 Apr. 1854 Mar. 3234 Apr. 1234 Mar. 30 Apr. 22 234 Mar. 16 3034 July 12 25 6 7 15 18 31 17 23 19 . 5 25c 834 July 13 23 34 July 27 5 3734 July 2734 July 2534 July 3034 July 1534 July 31 July 234 July 39 July 1134 July 10h July 27 6 2034 July 15 July 8 (July 1 .July 5 July 434 July 934 27 554 3 34 49 112 23 3734 2c 10c 5234c 5c 9c 5c » 23 28 7 2234 July 6 10 July 29 13$ Jan. 19 June 20 8 June 4 57342 Apr. 35c Jan. 3 Jan. 3 7c Apr. 12 Jan. 17 12c Apr. 4 May 18 18c Jan. 20 Apr. 1 Mar. 30 1434 July 19 334 Mar. 7 Jan. 5 634 July 26 June 9 Jan. 10 May 10 75c 354 July 16 Mar. 26 5 Jan. Feb. 17 35c 5 9c May Feb. 19 26 234 Jan. Apr. 8 70c Jan. 10 May 10 5 21c July May 16 7 30c Jan. June 18 1.20 Jan. 14 May 31 934 July 25 Jan. 5 Jan. 19 Mar. 8 49c Mar. 26 1554 July 26 2234 July 534 Apr. 25 334 July 3 July 2 1034 1,800 Kenhccott Copper Corp • 106 Loew's Inc ....* 300 McKesson A Robbins 5 4,800 Montgomery Ward A Co....* 11,100 N Y Central RR • 31,300 No Amer Aviation Inc 1 2,866 North American Go........* 1,800 Ohio Oil Co... 4,600 Packard Motor Car Co * 2,460 Paramount Pictures Inc..... 7,800 Radio Corp of America.....* 3.500 Radio-Keifh-Orpheum ..* 2,400 Republic Steel Corp......... '400 Seaboard Oil Co of Del.....* 400 Sears Roebuck A Co.......* 1,400 Socony-Vacuum Oil Co.....* 2,900 Standard Brands Inc.......* 1,000 Standard Oil Co (N J) 25 2,200 Studebaker Corp..........25 Vklue. Jan. 934 July 35c July 1534 July 11c 11 o2* 24 3,600 International Tel A Tel....* 100 1,700 1,700 24 X 29 12 19 July 30 506 Electric Power A Light Corp. 2,100 General Electric Co........* 800 Goodrich (B F) Co ....* 460 International Nickel Co....* 100 700 400 22 X 37 X Sale 5 17 8c 5c 27 406 Continental Oil Co (Del)...5 11,500 Curtlss-Wright Corp 1 1,666 Electric Bond A Share......5 100 700 Sale 266 Claude Neon Lights Inc 1 8734c 666 Columbia Gas A Elec Corp.* 500 2,700 7,300 1,200 20 50c 534 July 1734 1634 1,666 Commercial Solvents.... * 1,960 Com'wealth A Southern....* 400 '"800 Sale July 21c July 30c July 1.00 July 55c 734 2834 July 19c 600 Caterpillar Tractor.........* l66 Cities Service Co ....* 3.200 100 1734 5 18 1 19 334 July 19 6 34 July 26 65c Juiy 2 334 July 16 14c July 5 5c July 6 July July July 1434 July 7c 115 50c 1134 100 Canadian Pacific Ry_. 300 27 7 33 5c 13c 41 22 18 25c 566 Borg-Warner Corp 1,200 29 29 7 106 234 July 434 July 18c lc 100 ""300 6 July 1 00 July 55c July 10 2834 3034 2734 2534 29 154 Sale 1134 Black Mammoth Cons M ColOc 500 "166 234 2034 334 734 Calumet Gold Mines Co..l#c 5,400 Amer Rad A Stand San.....* 1,000 Amer Tel A Tel Co 100 5,666 Anaconda Copper Mining..50 900 Armour A Co (111)....——5 3,700 (The) Aviation Corp (Del)..3 l66 Aviation A Transportation. 1 600 Bendix Aviation—.......-.5 "900 2234 July 1154 "Uly 4234 July 9 54 JWy 12 July 7 July 334 Mar. 2834 July 76 Jan. 3954 Juiy 1.20 July 1.50 Mar. 1034 July 21 2534 Mar. 31 <654 Mar. 29 STOCKS— UNLISTED 300 3 25 500 Alaska Juneau Gold M Co 10c 120,256 426,566 834 21 • Sierra Trading Corp......25c Signal Oil-Gas A I Signal Petroleum Co SontagChaln Stores Co Ltd So Calif Edison Ltd com...25 Original preferred......25 i% preferred...... 25 BH% preferred 25 So Calif Gas A 6% pref...25 Southern Pacific Co......10* Standard OU of Calif Sunray OU Corp 1 Superior OH Co common 25 Taylor Milling Corp........* Transamerlca Corp.........* Union Oil of Calif 25 Universal Cons Oil Co 10 Van de Kampa Bakeries.....* Victor OU Co 10 MINING 17c Sale 436 Weber Showcase A Plz pfd__* II,500 Wellington OH Co 1 360 Western Air Express Corp..l 260 Western Pipe A Steel Co..10 6,766 Yosemlte Port! Cement pref10 240 3934 July "25 1.20 July 18 7 July 18c July 6 34 July 2 34 July He July 3 July 134 July ,lV* 10c "3 54 200 Shell Union OH Corp 152,266 9,000 25c 13 July July July July July July July July $0 37 5% Sale 134 2 6% Preferred .......It 64 San Joaquin LAP 7% pr pfltO 2,500 2,100 500 15c 1,754 Security Co units 100 25 634 t 342* 8,600 *F307 15,050 176,500 13,800 3,700 48,000 28H 35,100 §Ridge Oil Co 20,000 Robert Public Markets • 48.400 Ryan Aeronautical Co 1 700 Safeway Stores Inc ...* 2,055 Samson Corp B common... ""842 28 34 July 1434 534 10 50 Preferred 3034 2734 2434 3934 ■li* 13 34 1,800 Puget Sound Pulp A Timber* 54,800 Republic Petr Co Ltd 28 10834 105 634 300 Pacific Western Oil Coro 15,900 July 30c $6 preferred 1,200 Pacific Public Service 100 First preferred 11 973^c July 34 July 2,300 Pac Lighting Corp com.....* 10 1134 July 23 4234 July 28 934 July 7 12 July 23 7 July 19 35c Menaeco Mff Co............1 761 Merchants Petroleum Co...l 100 . 6 27 1 12 1 —2 L A Industries Inc.. i 2234 July 9 July 8734c July 40c July 17 1 Lockheed Aircraft Corp July"5 11 Corp.l Lincoln Patroleum Corp L 7 July July 75c 80c .....1 1 . Klnner Alrpl A Motor Sale Prices 76 Intercoast Pet Corp International Cinema Highest Sale Prices 33 434 July 1 2334 • * 1 5 * Preferred $5 42,300 Hancock OU Go K 20,200 Holly Development Co 8,400 Lowest Sale Price* Sale Prices 1034 July 21 July 1 934 July 13 1034 July 2 37 Sale 2,200 Goodyear T A K Akron com 30 Hig'*esi Lowest -* 153 Golden State Co...... 800 July 30 Ask 734 Bid General Metals July 1 1938_ Shares 500 10,700 2,100 7,400 8,500 JAN. 1 RANGE SINCE Price Jan. 3 In July 2,000 65 EXCHANGE PRICES IN JULY LOS ANGELES AQQREQATB Shares 500 STOCK ANGELES LOS AUG., 1938] May 26 4434 May 28 5 Apr. 20 lbH Jan. July 4234 July 50 July May July 21H July July July July 534 July 1154 July 754 July 4*9* 38 534 Jan. 20 12 23 25 19 25 25 12 25 13 6 7 19 10 2034 July 25 2654 July 19 July 14 July 13 934 Jan. 11 5554 July 16 834 July 30 tin 66 LOS ANGELES STOCK EXCHANGE ' LOS ANGELES STOCK EXCHANGE SALES AGGREGATE In July Jan. 1 Shares Shares Jan. 3 UNLISTED STOCKS Texas Corp 25 Tide Water Assoc Oil Co..10 Ulilted Aircraft Corp.......* 500 United Corp (Del)..........* U S Rubber Co.......... * 1,500 6,000 > 13!?00 -;,v; 100 U S Steel Corp Bros Warner r._._100 Pictures RANGE SINCE JAN. 1 ' 1938 Ask 38 3834 133* 2214 2234 523* 5334 634 993* 6 ...9 Westlnghouse Elec & Mfg..50 1434 "33* ""33* 983* 4434 4534 1434 15 2734 2834 334 Sale 373* 3834 5834 5934 63* 63* 99 * 100 illf fJ mM 4334 5934 634 10034 Lowest ■■Highest Sale Prices Ask Ask Bid Bid .Lowest. July 30 July 1 Bid . \ .v;' -; PRICES IN JULY Price Since Sale Prices, "15" July "2 "1534 July"23 .283* July 334 July 4434 423* July 5934 57 July 6 .July Sale 10134 2 11 19 ; 14 21 30 July 25 334 July 4234 July 633* July 8 July 1 19 25 19 V . Highest j . Sale Prices / Sale Prices 34 34 1034 2434 23* 253* May 31 Mar. 29 Apr. 9 June 7 Apr. 28 383* Mar. 31 334 Mar. 26 6534 Apr. 1 413* Jan. 1 6 1534 July 23 July 25 334 July 1 423* July 19 633* July 25 8 July 19 6534 Apr. 1 30 RANGE OF PRICES ON THE CLEVELAND STOCK EXCHANGE Stock Sales July 1938 Shares. , Jan. 1 to July 31 AQQREQATB July Shares 190 STOCKS 1,141 Air-Way El Appf let 7% pf 100 1,027 Akron Brass Mfc, common...* 1,570 Amer Coach ft Body........* 1,980 Apex Electric 6c MM.......* 200 465 "with proxy" $7 cum prior pref * 100 29 29 15 15 Canfield Oil common 100 35 Canfleld OH 7% cum pref 100 20 602 2,717 City Ice Ac Fuel.... * 55 100 Preferred................. 2,668 Clark Controller new.... 1 699 Cleveland Builders Realty..* 1,339 7,147 Cleveland Cliffs Iron pref...* 1,829 7,647 ""355 423 Clev El 111 $4.50 cum pret * Cleveland Rys._ 100 700 Cleveland 6c Buffalo Tran..* YzVm 55,723 Cliffs Corporation v t C.....* 1,314 Colonial Finance Co com...l 440 if^;g,220 191 Commercial Bookbinding...* 812 Dow Chemical 6% pref.. .100 777 Elee Controller k Mfg......* 853 Faultless Rubber.. ...* 95 120 100 2,285 at Federal Knitting Mills .* 170 c Federal Knitting Mills * 50 adFederal Knitting Mills...* "50 486 149 110 220 100 45 Foot® Burt .._._...* Foatoria Pressed Steel... * General Tire preferred...l00 Great Lakes Towing ...100 184 Preferred... .100 172 Grelf Bros Cooperage......* 45 .......... 178 1,498 40 225 190 Halle ... ... l,u70 5,721 1,188 3,346 6,062 1,488 2,505 ""609 90 730 1,624 187 615 Harbauer 734 5 8 8 10 41 834 123* 85 Sale 17 2 33* ]■ 1,334 McKee (Arthur G) B... _* 4,988 Medusa Portland Cement...* 2,686 Metropolitan Paving Brick..* 760 614 45 """48 21 13* 1534 Sale m "2934 — — — ""565 777 Murray Ohio Mfg_. 25 National Acme Co '"712 5,865 112 207 705 . 10734 109 66 79 75 18 1934 1934 18 4,924 334 1,342 160 ' 2,720 635 2,591 165 359 931 "40"" "II"" 14 ..... 687 25 34 12 17 Sale 68 14 37 36 34 97 34 1634 234 35 163* 16 15 16 1634 5 ys 14 534 13 2 334 ""634 "II34 13 25 9 1 534 14 234 25 203* 44, 23* 17 16 ; Sale 234 Sale 65 80 334 6 1134 26 73* 30 50 3* 33* 3* 26 33 293* 10 8 6234 Sale 34 29 Sale 2 21 12 S 11734 July 75 13 July 2 9 July July 29 July 1 July 6 19 39 % Sale 2 20 July 12 34 July 16 27 1 2 9 "14 "7MJuiy"l4 25 45 85 July 29 26 Mi July 26 45 July 6 20 5% 16 3 19 20 2% 4 16 12 16 36 July July 9 /34 July 4 80 6 26 Sale 33* 59 2% 3* 234 4 3i 12 May 7 65 10 25 Mar. 22 June 15 20 Jan 14 16 39 3 17% 30 20% 3% July 28 "4" July "28 "83*July""7 3 H July 29 50 July 21 2% July 23 12 11734 July 27 75 July 1 2134 Fen. 28 1134 Mar. 3 2034 Jan. 19 July 14 Jan. Jdly 25 Jan. 45 26 Feb. 13 Sale 13 23 13 33 Sale 3 38 33* 28 Sale 33 35 II 35 Apr. Jan. 13 Mar. 31 June 6 15 2 8 Jan. 2 June 10 8 2234 Apr. 22 13 3 34 June 2 9 16 Apr. 28 134 June 3 34 Mar. 16 Feb. 8 June 15 19 18 20 11 25 934 May 19 1534 July 22 33 MT July 11 4 July 28 934 July 30 4% July 2 % July 734 July 1 % July 14 July 3334 5% 934 534 2% 734 25 1 12 5 25 23 734 Apr. 4 12 Mar. 25 83* Apr. 26 30 2 Mar. 28 Mar. 26 Apr. 29 93* Mar. 30 12 1 Feb. 7 25 Jan. Jan. " Mar 4 . Jan. 23 12 July 19 Apr. 21 65 3234 July 1034 July 3u 4 18 31 8 Mar. 28 June 1834 Jan. 26 63* Jan. 18 1434 July 14 Mar. 30 Mar. 29 June 11 July 15 July 7% July 13 July 39 July 434 July 28 July 13 % July 20 Mar. July 1 50 July 21 3% July 1 19 Jan. 173* Jan. 14 July 7 9734 July 30 634 Jan. 21 4434 Jau. 18 234 Mar. 19 July 30 934 July 15Mi July 6 July 12 3* July 33 34 July 334 July 20 18 July 11 12% July 5 24 39 Apr. 12 16 Jan. 25* Jan. 26 8534 Mar. 18 334 Mar. 30 28 July July 18 Jan. 85 4 29 2 3 22 July Apr. Jan. July 123* June 22 1434 12 30 Jan. Jan. 27 6 12 30 1934 9% 1834 734 15 May 5 3134 Apr. 2 88 Apr. 12 1634 12 22 60 109 July 19 July 7 9734 July 30 July 7 July 22 July 20 July 14 July 25 July 8 July 16 July 19 July 6 13 21 Jan. 234 July 2# Jan. 25 4134 June 3 6434 Jan. 10734 Jan. 13 11134 Mar. Jan. 19 May 31 32 1 Mar. 34 Feb. 17 21 11 Mar. 29 July 13 Mar. 10 May 18 22 May 23 3134 Jan. Apr. Sale 3334 Sale 21 ivia,r. 65 734 1234 3734 Sale Mar. July July Jan. 10 5 15 123* 13 16 95 17 3634 July 16 July 15 July 5 Mi July 13 July 2 Mi July 17 July 2634 July 17 Mi July 2 Mi July Sale 20 19 934 1634 534 13 July 13 63* Jan 20 1134 Jan. 25 1634 Feb. 21 13 80 July 21 40 July 12 100 40 38" July""5 19 16 3u 8 3734 1834 30 60 854 May 31 2 11 34 Sale 17 11 1034 6 Mar. Feb. 8 17 June 24 July 1 15 60 30 June 11 Jan. 11 Feb. 28 33* June 30 3* Jan. 4 Jan. 22 33 Jan. 26 29 1034 July 18 1134 Jan. 17 1934 Feb. 10 754 July 25 1 July July 12 5 43* July 3234 Jan. 21 13?* July 23 13 39 Corp— 32 33* 7 6 Tool.. J ......* 2,594 Warren Ref ft Chem com. 2 2,817 Weinberger Drug..........* 230 W R I Corp pref.... 100 a July 1934 July 12 34 July 10 18 634 4 808 Vlchek July 68 10 Sale ...1 34 July 115 29 3 common 10 14 Selberling Rubber.........* Preferred.... ......100 Corp 5 July July 3034 Sale A 12 "mTjuIyTl 103* 31 S M July July 16 July 22 July 7 July 21 July 21 28 • .... 80 16 34 July "I i§ 2 34 July 22 2 34 62 5534 July 1 110 July 21 110 19 July 12 2634 10 Rlchman Bros 13 21 Mar. 26 6 18 Sale "4"" Sale" 29 .V Mar. 15 July July July UH July 1 34 27 7 5 37 113* 31 Sale 12 80 40 95 7 5H Mar. 23 63 July 13 40 July 21 95 July 12 103* July 27 85 "30" 20 43* 143* ..... 80 ~27" "36" 36 16 Sale "2834 8 ""334 34 4 4 J4 Apr. 18 13 20 14 1234 13 July July 1 173* Sale 1934 15 * 3 19 "43* "14"" 2,455 Upson-Walton. ........1 10.337 Van Dorn aron Wka Co com.* •No par *7alue. 18 22" "23" 334 1834 43* 10 * 425 Union Metals Mfg Co 90 57 58 20 QU July ..... 2 Patterson-Sargent. • Peerless Corp Reliance Elec ft Eng........ ..... 100 21 1/34 234 5534 15 13 Corp 230 1,392 11 65 ..... 33* 13 — 11 Packer is 6 75 353* 23 40 "3434 303* Class A $2.25 cum pref..._* 10 805 Troxei Manufacturing......1 325 100 1034 72 45 mmmmem ""23* Stouffer 10 45 7634 85 3 1,960 1,380 9,950 3,620 12,866 1,235 1,458 5,425 1134 2 July July 15 1143* 11634 Sale 834 July 8 15 22 mmmmm 540 Ohio Brass B 458 Ohio Confection...........* 245 Highest Sale Prices "7M 23* National Tile. » 600 Nestle LsMur "A". ......_..* 110 Nineteen Hundred Corp A..* '""85 213* 1 Sale 1034 "534 "7 H "§H .......... 12 1934 ICO Preferred Sale 114 24 1 .25 100 10 15 ..* common. N atlonal. Refining 34 1934 39 Preferred..............100 98 Miller Wholesale Drug * 495 Monarch Machine Tool Co..* Lowest Sale Prices 1334 10634 112 31 30 1134 113* 6034 1634 Sale 234 3 57 61 5834 1013* 112 295 McKay Machine...........* 265 Sale 96 100 Sale" mm»mrn 15 14 4 1 634 934 40 43 Lima Cord Sole ft Heel. 10 ; 9 6 11 ....... • Highest Sale Price* 15 Jaeges Machine............* Kelly Island L ft T Lowest Ask Ask Bid '683* "92" IIIII "80" "70" "7834 Interlake 88 Lamson Sessions...........* Leland Electric ....._...* Bid 10 534 10 10 100 12 1 Sale Prices July rv Ask Bid 4 Brothers.............5 Preferred 518 Hanna (M A) $5 pref........* RANGE SINCE JAN. 3 1938 Par. Shares ""225 July 31 i" ', v '■ Price Jan W Jan. 1 to PRICES IN JULY CLEVELAND „ STOCK EXCHANGE 1937 1938 July 41,713 396,199 . 197,239 SALES Since Jan. 1 Bond Sales 1937 39,506 ' In liquidation. 4 5 3334 534 13 8 11 3334 634 2 Sale 6 12 234 18 23* Sale 534 534 2 234 4 934 Sale 5 4% 234 23* 734 Sale 6 2 154 1234 100 6 First payment endorsed. 234 1634 15 69 60 ■y.f.7.::;-,; 2 16 70 c Second payment July 11 5 July July 30 July 12 July 29 1 July 2 July 12 5 16 % July 3334 July 11 33* Mar. 29 8 4 134 June 5 8 Mar. 26 3334 July 534 July 11 11 Jan. 14 !7 Feb. 1 354 Apr. 734 July 234 Jan. 8 5 1 5 134 Mar. 16 14 July 12 20 Jan. 25 May 25 60 Jan. 29 45 endorsed. June 16 June 1 d Third payment endorsed. '■'■V ■■'-.■■if OF BONDS AND STOCKS >':■ J< ■' I . " 'J- , '/■ ■ i. In the earlier part of this publication complete records of the dealings the country, for the latest month and for the calendar year to General Quotations we combine in only those dealt in the on one date, are on the leading stock exchanges of In this department of furnished. comprehensive whole, securities of all classes and descriptions, exchanges, but also leading unlisted and inactive securities. not The following is an index to the different classes of securities quoted: 'V ' Page Exchange Seats,......................... 91 Joint Stock Land Bank Securities........Ill Real Estate Bonds...................... 112 ................. Canadian............................. 84 Public Utility Bonds.... Insurance Stocks....................... 99 Public Utility Stocks..^. Investing Companies Securities.......... 72 Railroad Bonds Quotations for all securities ..... are as near as 84 possible for the .............. 84 93 Textile Stocks........................... 84 73 Title Guarantee and Safe Deposit Stocks. 84 78 .............. ... United States Government Securities..... 91 67 United States Territorial Bonds 91 ........ closing day of the month preceding the date of issue. The letter "f* prefixed to bond prices denotes that the quotation is a flat price—that is, that the accrued Interest forms part of the price, therefore the purchaser does not have to provide for it separately in making payment. always ,'flat,,, and no designating mark is employed to indicate the fact. Quotations for equipment bonds are Quotations for guaranteed stocks based on 71 ...................... Real Estate Trust and Land Stocks—..... Municipal Bonds—Domestic............. 91 81 Industrial Stocks................ Railroad Stocks Mining Stocks....... Foreign Government Bonds.............. 92 Industrial Bonds........................ Page Page 83 Federal Land Bank Bonds............... In the case and of income bonds and bonds in default, the price is average maturities V "and dividend" that is the accrued dividend must be paid in addition to the price. It should be borne In mind in the use of these tables that the quotations for many inactive and unlisted securities are are merely nominal, but in all cases the figures are obtained from sources which are considered reliable. " V The following abbreviations are often used, viz.: "M" for mortgage, "g" for gold, "gu" for guaranteed, "end" for endorsed, "cons" for consoll dated, "conv" for convertible, "s f" for sinking fund, "1 g" for land grant, "op" for optional. The black-faced type in the letters showing the interest period Indicates the month when the bonds mature. NOTICE—All bond prices Bonds Bid are "and interest" except where marked "f" and income and defaulted bonds. Ask RAILROAD BONDS Aberdeen AAsheboro 1st 5s'40J&J Adirondack 1st 4Hs 1942 gu MAS 98 29 32 29 34 31% 104 100 % 10234 >8 234 10 3% _ Albany A Susq 334 s g 1946.-A&O Alleghany Corp— Coll tr conv 5s 1944—.—FA A Coll A conv 5s 1949—...JAD Coll A conv 5s 1950 A&O 5s stamped 1950.. .....A&O Allegheny 4s 1942..M&8 Allegheny A Western— 1st mtge guar 4s 1998—.A&O American Refrig Transit— Equip 6 34s series E 1939—M&N Equip 5s ser P, G A H, '41-'46 Ann Arbor 1st g 4s 1995 Q-J VaTgen Ark & Mem Ry Bridge A Term— 1st M 5s 1964 MAS Aroostook Nor 5s g 1947..—A&O Atchison Topeka A Santa Pe— Gen mtge gold 4s A&O 1995 Adjustment 4s July 1 1995 Nov / Stamped .........MAN / Conv g 4s of *09 due 1955. JAD Conv g 4s '05 due 1955—JAD Conv g 4s of TO due 1960. JAD Conv deb 434s 1948—...JAD Trans S L 1st g 4s 1958..-JA 78 82 7034 ! 74 72% 61% 73% 63% 50 25" 29% 104 104 % 37 5.00 5.10 32 4.00 4.25 33 9734 105 106 9034 10734 101 JAJ JAJ Northern— 1946.-...JAD Mar 1 2002--.M&S 1st cons 4s 2434 7.50 7.50 Refund gold 4s 1941...M&N 1013* 1013* 105 106 78 % 86 % 10734 9834 4s stamped 1951. 6.50 6.50 IIH 3034 104 89 M 90 101 85" 87 69% 80 if* Lou A Naahv 4s Oct 1 '52.MAN 62% 64 Equipment trust 434s——.— Eq 4Hs 1939-41 K (yr)...FAA 2.50 1.75% 1.75% 2.50 32% 4s1950 J&J Buffalo Creek 1st 5s 1941 -J&J 1st ref 5s 1961 J&J Buffalo Rochester A Pittsburgh— 83 Con g 434s 1957 Buff A Susquehanna RR 1st 4s Dec 30 1963 24 MAN 1st 5s g 80 2634 50 834 7% 55 : gx HiS ills HI5* 2.50 1941 4s 1955 434s guar 1957 .—J&J 434s guar 1951 ..—M&S 434« guar 1956 F&A 434s guar 1955 J&D 15 40-yr 5s guar 1970—..—.F&A 5s guar July 1 1969.. J&J 5s guar Oct 1 1969.—..A&O 58 guar 1954 .F&A 16-year guar 3s 1950 JAD 13-year guar 3s 1950-. J&D Guaranteed 3s 1944.....MAN 7-year guar 2s 1943.. F&A 4-year guar 2s 1942 J&J 17-year guar 3s 1953 P AA Eq tr 434s 1939-1942 (gu) M&N Eq tr 434s 193*9 45 (ann).JAD Equipment trust 5s... Canadian Nor deb 6 34s *46-.J&J Canadian NW434sOct22 1943. 95 1.75% 10534 4.00 3.00% .82 60 18 72 75 77" 69 71 73 60 75 65 65 60 .... . 36" 36 36 ilg 93 11534 11734 ill 118 98 perpetual.-J&J M&S 20-yr coll tr 4 3*s 1946 Coll tr 5s 1954 J&D S f 434s Dec 15 1944—J&D 15 Coll tr 434s I960. J&J Conv coll tr 6s 1942 M&S 102 98 2.25% 3.10 2.25% 2.25% 12634 9734 3.10 1253* 9534 8034 96% 9934 95 93 92% §§>* 94 M&N 36 M&S 36 36 32 F&A 28 Caro Clinch & Ohio 6s '52. J&D 15 J&J 24 Carthage & Adirondack— 1st mtge guar g 4s 1981 M&N 36 J&J Nominal. 103 34 F&A ..A&O Eq tr 5s 1944 J&J Eq tr 434sl 938-1945s-a...J&D Eq tr 3s 1939-1953 J&D Caro Cent 1st g gu 4s 1949. J&J - J&D 99 3.10 15-yr conv colltr 4s 1949—J&J "A&O 99 9934 10134 Conv coll tr 334s 1951 Conv coll trust 3s 1945 Coll trust 234s 1941 A&O 1193* 119 101 36 36 1163* 10434 J&D J&J 36 95H 9934 10334 Canadian Pacific— Cons deben 4s 3434 3334 M&N n 83 Corp— J&J Burl Cedar Rapids A North— Con 1st A coil tr 5s g '34—A&O Certificates of deposit Cambria A Clearfield-— Canada South 5s 1962 ser A.A&O Canadian National Rys— 75 27 k Last sale, 15 10 80 12 85* "~M&S Mtge 4 Ms 1944. Mtge 4s 11942 Mtge 3s 1950 /This price include* accrued Interest. 5 78 9 US 70~ J&D 5s series Z 1943 30% 21% 12 6s ext to Jan 15 1947 J&J Boston Term Co 334s 1947—F&A 80" 1st mtge 5s ser II 1955-...M&N 1st mtge 4 josser J J1961.-A&O 5s series AA 1944 A&O 91 85 55 45 1st mtge 5s ser AO 1967.-_M&S 9i PAA July 11938... 1.50% 40 43*s lmpt 1978 F&A 1st mtge 414s ser A 1943—A&O 334s Jan 1 1951 .J&J Ref 334s 1952 gu N Y O—A&O Boston & Maine RR— 88 4.00% 4.00% 4.00% Boston Rev Beach A Lynn— 1st m 434s Juy 15 1947—J&J15 Gen M g 100 85 5.50 2.75 Belt Ry of Chatt 1st 5s *45—J&J Belvidere Del cons 334s 1943. J&J Atlantic Coast Line of S O— Gen 1st g 4s July 1948——J&J 5.50 5.50 Equip trust 2 %s 1939-47_.A&O Canada Atl Ry 1st 4s 1955—J&J 101 Atlantic Coast Line (Conn)— Irred ctfS of Indebt fis JAD J&D .A&O M&N 5s 1939-44 Boston ANY Air Line— 1st mtge gu g 4s 1955 Bost A Prov deb 5s Cambria & Indiana RR— Belt RR A Stk Yds (Indplis)— 1st ref gold 4s 1939 M&N 5s series U 1941 5s series V 1942 5s series W 1942 3%s 1939-44 434s 1939-43 105 103 5s series R 1940 5s series T 1941 Equipment trusts— 103 Washburn Ext 1st 5s *39..F&A Battle Cr & Sturgis gu 3s '89.J&D Bay City A Battle Crk 3s *89 J&D Bedford Belt 1st 5s 1938 J&J Beech Crk Ext 334* 1951 A&O ~ Ask 10134 10634 105 5s series DD 1945 5s series FP 1947 Bid Boston & Maine RR (Cont)— J&J ..F&A 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 5s June 1942 91% 105% 102% 105% ...... Boonville St L A Sou 5s '61.F&A Boston A Albany 5s Oct '63.-J&J 105% 1st cons 4s July 1 bBasis 33% 29% Bangor & Aroostook— 1st M 5s g Jan 1 1943.. .J&J Cons refund g 4s 1951-.—J&J Equip tr 23*s 1939-1947..M&8 Big Sandy Ry 1st g 4s 1944—JAD Birmingham Southern— Equip trust 334» Dec. 1 1938-46 Birm Term 1st g 4s 1957 gu.M&S Bluff Point Land A Imp 1st 4s '40 Conv deb 4s 1939 op J&J 36 S W Div 1st 5s 1950 J&J Toledo A Cin Dlv 4s 1959.J&J 89 Atlantic Coast Line KR— 2d g 4s 1948 23 II* an Bessemer A Lake Erie— 67 80 1948...JAJ 27 Eq tr 4Kb 1939-40 (yr)...M&N Eq tr 434s '39-'41 O (yr)-FAA 92 98 Atl & Danville 1st 4s 22 26 Ref & gen 5s 2000 ser D..M&8 Ref A gen 5s series P 1996.M&8 90 City 1st 4s 1951...JAJ 1st 5s ext May 1 1964..—MAN 1952.-.MAS *16..MAN Gen unlfser A 4>4s 1964..JAD 10-yr coll tr 5s May 1 '45.M&N 46 37% 933* Atlanta Terminal 6s 1939—F&A Atlantic 40 44 36 A&O 434s 1939—F&A Conv g 4%s 1960 F&A Ref & gen 5s 1995 series A.J&D Ref & gen 6s 1995 series O.J&D sec notes 9034 Atlanta Knoxville A 1st mtge gold 5s 37 A&O 5-yr 82 Line— A Baltimore A Ohio— 1st M 4s g July 1 1948 9134 See Seab'd Air Line 1st M 43^b 1944 ser lot M 5s 1944 ser B 68 69% 1063* opM&S 963* Rocky Mt Dlv 4s 1965...JAJ Athens Term Ry 1st g 5s '37--J&J / 40 Atlanta A Charlotte Air 78 PIttsb Lake Erie A W Va— Cal-Arlz lst&ref4Hs'62 Atl A Birm. 103 67 1st M 5s July 1 1948 102% Gen income 6s Oct 1948...JAJ Alabama A Vicksburg Ry— 1st M g 5e 1974 s* rlec A..MAN 100 J&J gtd g 5s 1941 ^ A... J&D JAD Alabama Tennessee A NorthernPrior lien fie 1948.. —J&J 48 Austin A Northwestern— 1st mtge Bonds Ask 45 Augusta Union Sta 4s 1953..J&J 65 _ 1st cons g 5s 1943 ser 1st cons 48 1943 ser B Bid Aug Term 1st gu g 6s 1947—A&O 25 Akron & Barb Belt g 4s 1942. J&D Akron Canton & Youngstown— Gen A ref 6s 1945 • eries A.A&O Gen A ref 534s 1945 ser B.AAO Alabama Great Southern— Bonds Ytlantic & Yadkin gu 4s '40.A&O 111 3.00 8134 9734 100 953* 9334 104 9334 8934 8934 95 21.50% 39 10234 50 108 55 68 BONDS RAILROAD NOTICE—All bond prices Quotations for all securities Bid Bonds are "and interest*' except where marked dosing day o are as near as possible for the Ask Oatawtesa RR g 4s 1948——A&O 102 Cent Ark & East 1st 5s 1940-J&J / 8 Cent Br Un Pac 1st g 4s *48- -J&D / 18 Central of Georgia— 1st M g 5s Nov 1 1945——F&A , 25 10 21 Mem Dlv 1st 4s 1951 Cons gold 5s 1945 Ref & gen 5 Ms 1959 ser B.A&O Ref & gen 5sl 959 ser C-.A&O / 10 M J £% / Eq tr 4 Mb '39-'40 ser P< yr)M&S Eq tr 4 Ms ,38-*40serQ»yr)M&N Eq tr 5s 1938 <yriy>—-J&D Chatt Dlv gold 4s 1951 .--J&D Macon & Nor g 5s 1946 —J&J J&J Mid Ga & Atl 1st 5s 1947 Mobile Dlv g 5s 1946 J&Jijr •Oconee Dlv 1st 5s Cent New Eng 1st 63 11 % 1945—-J&D 4st961 J&J 6.50 6.50 6% 6% 5.00% 5.00% 5.00% 7M 15" -- |M £■ 8 37 30M 25M Eqtr4Ms 1938-*41 <yr)-F&A 6 5.25 Central Pacific— . 1st ref 4s g guar 1949 F&A 1st g guar 4s Oct 11954—A&O 75 65 —.F&A European loan 4s 46 -—MAS / Central RR A Banking of Ga-— Coll tr g 5s 1937-.---—M&N Coll tr 5s ext'd to 1942—M&N Central RR of South Carolina— 1st ref 6s 1938-1976 — J 53 _ Central Vermont 60 88 By— Eq tr 5s Dec 14 1938-'44 «yr) — Char & W Carolina 5s 1946--A&O Chatt Rome & Sou 1st 5s 47 J& J 4.50 notes, notes, notes, 94 M 1946-- -J&J 2.75 1.75 100 % 2.50 13 M 12 M 77 % 69 101% 2.00% 15 15 100 72 14 5 14M 5% 5 1st gold 4s 1943 Conn River gold 4s Consol Rys < N Deb 4s 1955 Cuban Nor Rys 1st 5Ms. '42 Cuba RR 1st g 5s 1952.. 6M 7Ms extended to l946 6s extended to 1946 Gen M 3 Mb g 1987 -M&N Gen M gold 4s 1987 M&N Stmpd non-pay Fed lnc tax.. Gen M 5s '87 stpd lnc tax.M&N GenM4 Ma'87 stpd inc taxM&N / GenM4Ms'87 stpd InctaxM&N 15-year 6 Ms Mar 1936 M&S 1st & ref os May 2037 J&D 1st & ref 4Mb May 2037- J&D 1st & ref 4Mb May 2037 OJ&D Oonv g 4Mb 1949 ser A M&N Eq 4Mb '38-'42 (yr)ser A.M&N - Chic R I & Pac Ry— General gold 4s 1988. Certificates of deposit - . - Sec 4Ms 1952 ser A.r M&S Bee 4M ser A certif of dep. 30-yr conv 4Mb 1960 M&N Trustee ctfs 3M> 1947 b Basis. 20" 88% 38M 40 50 flM 59 10 M. 39 36 M 1st & ref gold 4s 1943 M&N Delaware Lackawanna & Western 99 102 105 106 103 104 12 38 14 10 3% 25% 25% 25 M 25 % 25 7.00 7.00 7.00 7.00 17 16 M 16 M w 10% 3H 26 M 26 M 27 28% 41 6.00% 6.00% 6.00% 6.00% II* 18* 53 M 6 17M 15 18 23 10 12 10 H 11 10% 6 6.75 8M 8M 1st 4s 1950 J&J Des Moines & Fort Dodge— Ctfs of dep for gtd 4sl935. J&J Des Plaines Val 4Ms 1947..M&S Det & Mack 1st lien 4s 1995-J&D 2nd Mort. gold 4s 1995...J&D Detroit Term & Tunnel— 1st guar 4 Ms 1961 ...M&N Detroit Toledo & Ironton— 1st 5s Mar 1 1964 —J&J Detroit & Toledo Shore Line— 1st gold guar 4s 1953... ..J&J Dext & Piscataquis 4 Ms '49-.J&J Duiuth Missabe & Iron Range— 1st mortgage 3 M8 1962—.A&O Duiuth South Shore & Atlantic— —J&J f Dutchess Co RR 4 Ms 1940-J&D / East Penn m* 6% 5.50% 21 17 1st con g 4s 1936— J&J 1st con g 4M» 1^36 J&J Denver & Salt Lake Ry— Inc mtge 6s Jan 1 1960. An Apr 47 9M M&S East Tenn Va & Georgia— Consol 1st g 5s 1958. M&N Eastern Ry of Minnesota— Nor Dlv 1st g 4s 1948 A&O Edmonton Dunvegan & British Columbia Ry 4J4a 1944—A&O Elgin Jol & East 5s 1941— M&N Williams port— 1st 6s 1910 ext at 4% 1950. J&J Income 5s 2862 A&O 19 10 21M 16 M 27 Georgia Carolina & Nor— Ext at 6% to July 1 1934. Georgia & Florida RR— I Paso & R11st gu 5s 1951 .J&J El Paso & Southwestern RR— 54% 5.25 4.25% 6% 5% 7% 84 1st & ref 5s 1965......—A&O 5a stamped 1965— k Last sale, n Nominal, / 12 4 5 3M ; 7 25 109 M 5.50 Eqtr 4Mb 1938-1939 s-a—M&N 6 Girard Point St'ge 3 Mb *40—A&O 102 Goshen & Deckert'n 1st 5 Mb 1978 / 30 2nd ext ds 1979— M&N / 30 Gouv & Oiw 1st 5s g 1942 25 J&D Gr R & lnd 1st 4Mb 1941 103 J&J 1st 3 M» 1941 ..—J&J 4.50% 1951—A&O J&J River 1945..-J&J .A&O eM J&J 98 M 89 M — 99 M 90 3^ 96 4s 1955 Alb gu—M&N Alb gu..M&N Govt gu—J&J 98 98 M 95 109 M 87 88^ 4.50 100 M *41 -J&J J&J 3.50 Gen mtge 4s ser G1940 101M 96 Gen M 5s 1973 ser C J&J Gen 4Mb 1970 series D J&J Gen 4Ms 1977 series E— J&J 90 91 78 79 93 85 .J&J Gen mtge 4s ser H1946—..J&J Gen mtge 3 Ms ser 1 1967—J&J li* 95 87 75 71 2.75 1.75 2.00% 2.00 tr 2s 1939-1947 -M&S tr 4Mb 1938-1939 M&S tr 4 Ms 1939-1940 D<yr) J&J tr 581938 <yr) M&S Western Fruit Express— Eq Eq Eq Eq 1.25% 1.10% 1.50 1.00% 2.00 1.25% 1.75% ' 2.25 1st 5s 1944 —J&J W Va Midland Ext 5s *54.J&J 80 85 75 106"" Ry 1st g gu 4s '40.M&N Green Bay & Western— 6 45 7% Debenture ctfs B Feb........ Guantanamo & Western— 1st M 6s 1958 series A——J&J 5.50% 5.50% 5.50% 12 M 12 M 13 % 14 1st 5 Ms 1950 ser B 1st 5s 1950 series O Gulf & Ship Island RR— 46 48 53 1st ref & term g 5s Feb FTarl R 4M 3M 20 M 35 M 25M 42" 92 M 93 35 6 70M *62.J&J & Portch—See N Y N IV* 73 45 45 M 51 H & Ha rtford Joy & Lane BR Ext 4s 1943 J&J Hobo ken Ferry 5s 1946.. ..M&N Hocking Valley Ry— 1st cons gold 4Mb 1999—J&J Eqtr 5b 1939 (yr) J&J Holtaaysburg Bedford & Oumb 106 37 > 113M 1.75 118 1.25% 93 1st M g4s 1951 guar——J&J Holyoke & West 4Mb 1951..A&O f con 5s 1937 M&N f 20 30 40 Hudson & Manhattan— 101 % 19% 102 59 F&A AdJ lnc up to 5% Feb *67.A&O f 1st M 4Mb 195/ conv -F&A Huntington & Broad Top Mt, RR & Coal extend 6b 1940 A&O f Extended 5s 1940—...—A&O f Illinois Central— ' 1st gold 4s 1951.........J&J 1st gold 3Ms 1951 .J&J Mahi L ext 1st g 3 Ms '61. A&O 1st g 3s sterling 1951....M&S 75 82 77 A&O Harris Ports Mt 1st gold 5s 1957 opt 17 60 67 Housatonic 102 M 55 100 % A&O - 100 8% 56 8 Gulf Mobile & Northern— Stmpd (July 1 1933 cpo on). Gulf Terminal of Mobile— 1st mtge g 4r 1957 gu J&J 96 60 SM Guayaquil & Quito 1st 5s '32 J&J2 105 : : Coll trust gold 4s 100 103 Col tr L N O & Tg 4s Ref mtge 5s 1955- 106 M 108 45 M 55 M 51 % 46 Jt 1st ref M N O) 5s , so"" 79 % 95% , % 48"" .M&N (fO« OSL& 1963 ser A J&D Series C 4Mb 1963.—-J&D 40-year 4Mb Aug 1 1966.F&A Eq tr 4Mb 1938-1939 EL.F&A Eq tr 4Mb 1938-1940 L-A&O Eq tr 4Mb *39-*41 M (s-a).M&N 5 4 80 % Ref g 4s 1955 opt 1918^.M&N Pur liens 1st g 3Mb 1952—J&J ;{ 103 I'M 21 53 85 1952...A&O '53.M&N 101 % 45 99M 97 111 65 6.50 6.50 45 85 104 102 M . Pralrle)4s 1955 (Lake Superior) 1st 4s Feb 25 '39 1st 4s Feb 15'42 Gen 4s 1962 Can 42"" 63 Valley 1st 4s 1959... Grand Trunk Pacific— 1st M 3s 1962-—.. Debenture ctfs A Feb 100 70 4 100 106 M 97 38 20 Elrolra & 10 si* 1st 4s 1958 East Tenn & Western N C— 1st extended 5s 1965——.M&N 8" 8% 4% 1937. 50 3M Greenbr Eq tr 4Mb 1939-*42 (yr)..M&N Equipment trust 5s Equipment trust 5 Ms 1st gold 5s 4o" r Greenbrier Cheat & Elk— Denver & Rio Grande— m* 33 Genesee River 6s 1957 J&J / Ga & Ala 5s Oct 1945.. J&J / Ga & Ala Term 1st g 5s 1948-J&D / 1% Eq 58 J'ne 15 1939 «yr>J&D Eq tr 4Mb 1939-1-940—J&D Delaware & Hudson— / This price includes accrued interest, 3714 Gen income 5s Aug *55.-.F&A Assented subject to plan... Ref & impt 5s 1978 ser B. .A&O .J&J Ref g 48 1934 opt to 1911.-A&O Certificates of deposit—— 29% Denver & Rio Grande Western— Chic Milw St Paul & Pac RR—- 60-yr 5b 1975 series A F&A Oonv ad] 5s Jan 2000— -A&O Chicago Milwaukee & St PaulGen g 4s A May 11989 J&J Gen g 3 Ms B May 1 1989-J&J Gen 4 Ms May '89 series O.J&J Gen 4 Ms May '89 ser E J&J Gen M 4 Ms May *89 Ser F J&J Equip trust 3 Ms 1939-53A&O Eq 4Mb *39-'43 E & F »yr).J&J Eq 4Mb '39-'41 G & H <yr) J&J Eq tr 5s '38-'40 ser B «yr)_F&A Chicago & North Western— 14" Imp & equip 5s 1960 M&N 3§M Danbury & Norw ref 4s 1955.J&J / 28 100 Dayton Union Ry 1st 4s '49-J&J Del & Bound Br 3Ms 1955..F&A 96 65 2% 4M 1st & ref g 4Mb *61 opt Gen M 5Ms 1952 ser B 108 M 10 M —J&D 19 16 17« Great Northern— 100 11 10 M 75 1% - 114 J&J J&D J&J J&D 19 6I* 30 / Eq tr 5s Dec 14 1938 *43 «yr). Grays Pt Term g 5s 1947 J&D 106 J&J A&O - 17 Grand Trunk Western— 1st g gu 4s 8 July r 1950—J&J 110 24 H) deb 4s '54-J&J Deb 4s 1955Deb 4s 1956 guar ^ - 47M 60 A&O M&S 1943- 90 3M (Mountain and " 45 M 103 M 45 80 69 .... 74% Grand 2.00% 104 Connecting Ry <Phila)— IstMgu 48 Marl5 '51-M&S 15 1st 5s 1951-M&S . Chicago Lake Shore & Eastern— 1st M 4Mb 1969 opt 1919.J&D Chic Memp & Gulf os 1940. J &J Chic Mllw & Gary 1st 5» 48-A&O 81M 107 35 97 16 Coll trust ref 4s 1940——A&O 87 M 80 108 If* 12 f 41 87 Connecticut & Passumpsic Rivers 12 Indianapolis & St Louis-— Short Line 1st 4s 1953 A&O Chic June RR 1st 4s 1945—M&S Chic June Ry & Un Stk Yds-— Coll tr ref 5s 1940 A&O 87 37 —A&O Equip trust 4s Apr 1 1939-'49— Non-cuminc 5s 1955(w-s)„— 82 Colum & Toledo 4s 1955—--F&A Concord & Claremont 5s '44.J&J Monon Coal— Chic 101M 3.00 103 M 35M 61M 7 6M Proof of claim filed. Amended 1st con 4Mb 1982 Proof of claim filed. Certificates of deposit.. Fort Dodge Des Moines & Sou— 1st 5s 1938 -.J&D f Fort St Un Dep Det 4 M• *41 J&J Ga Sou& Fla 1st g 5s Deb 5s 1952- 72 H 102 M 102 ...J&J 4s Jan I 1947— f Ext gold 4s 1948-... 42 M Eq 4 Ms '39-'4l H (s-a > M&S Florida Southern gu 4s 1945.J&J Florida W«wt Sh 5s 1934 J&J / Ga RR & Bkg ref 6s . RR— 95 95 45 101M " 104 Equip tr 2 Ms ser A 39-'52 M&S Coal Rtv Ry 1st 4s gu 1945.J&D 93 92 1st M 6s 1946 series A M&N / Certificates of deposit Georgia Fla & Ala 1st 6s '52.F&A Georgia Midland 1st g 3s *46. A&O 105 % 103 M 103 M Cleveland Terminal & Valley— 1st 4s gold guar 1995——M&N Cleveland Union Terminals— 97 m 6.00% 93 % 100 15 88 — Col & Pt Deposit 4s 1940—F&A Columbus & Hocking Valley— . 75 60 70 93 Gen & ref 4Mb 1981 ser B._ J&J Cleve Short L 4M» 1961 A&O 23 M 89 w* 61 Colorado & SouthernGeneral mtge 4 Ms 1980..M&N 95% ,, 61M 93 92 ... Fonda Johnstown & Gloversv— Gen ref gold 4s 1950 ..J&J 1st cons ref 4 Ms '52 opt..M&N 15M 88 Eq 4 Ms 39-'41 LL (s-a)-M&S Eqtr 4Ms 1938-'43 (s-a)—M&8 Equipment trust 5s Equipment trust 5Ms - 105 M Clinchfleld 93 80 85 63 M 1942—J&J 1942—A&O 1942—A&0 Ser O 3 Ms gen gtd 1948--M&N 8er D 3Ms gen gtd 1950--F&A Gen & rer 4 Ms 1977 ser A-F&A 10 96 X 88 % 76M 78 1st s f 5Ms 1972 series A..A&O 1st M s f os 1973 series B. -A&O 1st s f 4Mb 1977 series O—A&O , 75 103 Ser A 4Mb gen gtd Ser B 4 Mb gen gtd Ser B 3Ms gen gtd 103 M 103 M 21 35 99 M 100 106 109 M 106 M iOSM 106 Spr & Col Dlv 4s 1st g '40-M&S White W V Div 1st 4s '40-J&J Cleveland & Pittsburgh— 100 108 M 103 104 M 96M 97 M 52 100 % 2.00% 1.80% 2.00% 1.00% 109 M 101 % . - 99% 2.50 2.40 7 88 Cairo Div 1st g 4s 1939 J&J OW&MDiv 1st 4s g *91. J&J St L Div 1st col tr g 4s '90 M&N 100^ 99 % 99M 99% 42 _ 1945--—-—J&J notes. 103 119 95 94 X Equip tr 2s 1939-1947 M&S Eq tr 2>4s 1939-1946 J&D Eq tr 3s, 1938-1950 A&O Eq tr 4Mb *38-'40 (yrK-A&O Oralg Valley 1st 5s g 1940-J&J : t Grain Elev 1st 4s 1938-—-A&O Paint Creek Br 4s 1945—F&A Potts Creek 4s 1946 J&J R & A Dlv 1st con g 4s *89-J&J 2d con g 4s 1989-——--J&J Warm Spr Val 1st 5s g *41 -M&S Chesterf & Lancaster 5s 55 F&A Chicago & Alton RR— Refunding g 3s 1949——A&O Chicago Burlington & Quincy Gen M 4s 1958 r=ar--M&S 1st & ref 4 Ms ser B 1977—F&A 1st & ref g 5a 1971 ser A—F&A Illinois Dlv 3 >t8 '49 op 29-J&J 4s July 1 1949 J&J Eq tr 2 %a 1938-47 A&O Chicago & Eastern £11 «new co)— Gen M 5s May 1951——M&N Certificates of deposit—— Chicago & Eastern Illinois— 1st consol 6s gold 1934—-A&O Chicago & Erie 5s 1st g *82—M&N Chic Great West 1st 4s 1959-M&S Equip tr 4Ms "A" 1945-A&O Chicago & Illinois Midland Ry— 1st mtge s i 4 >48 ser A '56 M&S Chicago Indiana & Southern Ry—Con mtge g 4s 1956 guar—J&J Chicago lndianap& Louisville--,, Ref M g 6s 1947 series A—J&J Ref M g 5s 1947"Series B—J&J Ref M g 4s 1947 series O—J&J 1st & gen 5s 1966 series A.M&N 1st & gen 6s May '66 ser B-J&J 97 93 General 4s gold 1993 J&D Gen M 5s ser B 1993J&D Ref & Imp 4Mb ser E 1977-J&J 100 100 --J^^ notes, 3.50% 103 M 117 % J&J 1942 —J&J 1943---—--J&J 38" 42% 14 M 14 M A&O Florida Central & Peninsula— 1st cons 5s gold 1943 J&J / Florida East Coasts Ms '59. J&D f 1st & ref 5s 1974. M&S / Certificates of deposit... 18 14% 21} 11- 14 M&N lmpt M 5s 1975 3Ms series O 1940 88 70 1st M 3 Ms ser D 1971—-M&N Clearfield & Mahoning— 1st gtd 5a 1943— —J&J Cleveland Akron & Columbus— 1st cons guar g 4s 1940---F&A Clev Cine Chic & St Louis— 83 1941 notes, 1944 -1952—■-•—M&N f Cin Northern RR 1st 4s 1951 J&J Cincinnati Union Term Co— 1st mtge g 5s series C '57-M&N 38 100 Chattanooga Sta 4s 1957 gu—J&J Chesapeake & Ohio— 1st cons g 5s 1939—— —M&N General 4Mb gold 1992—JM&S Ref & imtp 3Hs D 1996--M&N Ref & .mpt 3 %a ser E 1996 F&A notes, 1940---J&J 88 __ _ 24 14 A&O A&O Erie & Jersey ■ f 6s 1955 J&J Erie & Pittsburgh— Gen gu g 3 Ms wr B 1940..J&J 91 - 48 105 M 101M 101 J&J f 74 58 Guar g 5s 1960 107% 104% Cincinnati Lebanon & Northern— 1st consol gtd 4s 1942——M&N Cine & Musk Val 4s 1948 .F&A „ 104 110 103 % Consol gold guar 4s 1952—J&J 1st & ref M 4Mb D 1962-M&8 4.50% 28 % 46^ 22 M 14 Ref & Cincinnati Hamilton & Dayton— General 5s gold 1942 -J&D Cin Ind & West 1st 5s 1965-M&N 31M , 178 49 Chicago & Western Indiana— _ — 60 47 44 Series B 1953 Series D 1953 Ref & imp M 5s 1967 59 1st M 4s series D 1963——J&J 1st mtge 8Msser E 1963—-J&J Guaranteed 3 Ms 1951—-M&S Consol gold 5s Central of New Jersey— Gen M (now 1st> g os 1987 -J&J Gen M 4s 1987 -J&J J&D Choc & Memph 5s 1949 Choctaw Oklahoma & Gulf— Ask Prior lien gold 4s 1996 J&J Gen lien gold 4s. 1996.....J&J Conv gold 4s 1953 ser A..A&O 80 65 65 - 16 Bid Erie- Chic Terre Haute & Southeast— 1st & ref g 5a Dec 1 '60 opt J&D Inc mtge 5s Dec 1 i960—-M&S Chicago Union Station— Guar 4s 1944 ——A&O 18 35M gu Bonds Ask Bid Bonds Chicago St Louis & N O— Con g 5s June 15 '51-—J&D 15 Con g 3Ms June 15 *51-J&D 15 . T' and Income and defaulted bonds the month preceding the date of issue 45 M 42 M 41M b 5.00 b 5.10 b 5.10 91 railroad aug., 1938] 69 bonds prices ars "and interest** except where marked "f" and income and defaulted bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue NOTICE—All bond Bid Bonds Illinois Central—(Concluded) Eq tr 4%s 1938^11 Ser N.A&O Eq tr 3s ser R 1938-1952..M&S Carlo Bridge 4s g 1950 J&D Lltch DivTst g 3s 1951—J&J Louisv Div 3%s g 1953 J&J Omaha Dlv 1st 3s g 1951—F&A St Louis Dlv 3%s g 1951—J&J St Louis Dlv 3s 1951 J&J Sp'field Dlv ext 3%s 1951 J&J Western lines g 4s 1951—F&A Indiana Bloomington & Western— "1st ext 4s 1940 A&O 4.30% 4.50% 84 61 93 54 65 46" 6l" 8* SI* 60 100 J&J J&J 61 75 Meridian Term 4s '55 Mexican J&J 17 A.April J&J J&J 16 1st M g 6s 1952 series A ser 1st M 5s 1956 series B 1st M 5s 1956 ser O 4% 98 Eq tr 4%s 1939-42 (yr) — A&O 5.50 73 % !?% 5 18"" 4.50% Internat Rys (Central America)— 1st 1 & refers 1947 Debenture 4s 1961 Iowa Central 5s ctfs F&A J&D 1938--J&D -M&b 1st & ref g 4s 1951 Jacksonville & Gainesville & 83 :78 79% 85% 60 13 3 Ref & ext 5s series B 1967--J&J 6s July 1 1967 Joplln Union Depot Co— 1st g 4%s 1940 guar opt.M&N 1st 5s June 1 1944 J&D Kalamazoo Allegheny & Grand Rapids gtd 5s *38--J&J 94 56% 61 104 103 >3 Kalamazoo & White Pigeon RR 1st gold 5s 1940 J&J Kanawha Br & Ter 5s 1948.A&0 1st 4s Certificates of 100 1990--A&O Memphis 83% A&O 28 % 31 24 27% M&S 60 Sept 1 50 deposit K O Mem & Bir 4s 1934 Income 5s Mar 1934 73% 70% 73% Eqtr5%sl938 (year)...M&S Eq tr 3s F Jan 1 193943-. Kansas City Terminal Ry— 1st g 4s 1960 opt 1930 J&J 2.00 1.00% 2.00% 3.25 107% 71 J&J 1978 Kentucky Cent 4s g 1987 J&J Kentucky & Indiana Term RR 1st M4Hb 1961 (sterling).J&J 85 108% 100% 89 Stmpd accr int at rate 4.8665.. Plain 1961 J&J 90 60 85 1st mtge 4%s ungar 1961 Lake Erie & Western RR— 60 93% 1st mtge 5s ext at 3 % to *47 J & J 2d 6s 1941 J&J Lake Shore & Mich South— 66 Cong g ref 3 %s 1997 J&D Leamington & St Clair 4s *45 A&O Lehigh & Lake Erie 4 %s '57.M&S Lehigh & New England— 1st M gold 5s 1945—.—-J&J Gen mtge 4s ser A 1965 A&O Lehigh Valley Harbor Term Ry— 1st mtge 5s 1954 F&A Lehigh Valley— 1st gold 4s 1948... J&D Con M 6s ann irred J&D 88 4%s 2003__M&N Gen con gold 5e 2003 M&N Lehigh Valley Ry of New York 1st 4%s gold 1940 J&J Lehigh Vail Term 5s 1941..A&O con go <f Lehigh & N Y 1st 4s 1945—M&S Lex & East'n 1st gu 5s 1965..A&O 87 90 45 103 49 60 58 46 54 26% 28% 29% 27 36 46% 51% 30% 49 Little Miami guar 4s 1962.-M&N Little Rock & Hot Spr West Ry— J&J f 3%s 1950--A&O f 1st gold 4s 1939 guar 27 Louisville & Nashville— 60 42 -J&J & rer 5s 2003 ser B A&O & ref 4 %s 2003 ser O—A&O & ref 4s ser D 2003—A&O 110 1st 1st 1st MS 83% 1st & ref 344s ser E 2003-.A&0 b 1.75 Equipment trust 5s Atl K & Cin Div 4s 1955. .M&N 102% Pad & Mem Div 1st 4s *46.F&A 97 South East & St Louis Div— 2d mtge 3s 1980 M&S Mob & Mont 4%s 1945--M&S ©00 <OM Ry joint Monon coll gold 4s. 1952 J&J L & N Term 1st g 4s '52 gu J&D 1% 1% 3 8 2% 90 • 7% 8X2 2o 9 8% 9 30 nt* 95 5 3.00% 60" ~ 30 40% 42 31 20% 4.00 32^ 3.00% 20% 64% 21% 20 2I"" 20 22"" 20 J&J J&J 21 21% 4% "4% A* y% 5.50 5.50 6% 60% 4.50% 4.50% 7 85 60 60 J&J 32 70 43 J&J M&S M&S M&S Eq tr 4s 1939-43 M&S Eq 4%s 1934-42 (yr)—.J&J15 Eq tr 5s 1939 (year) J&J Montgom Div g 5s 1947--F&A 1st guar g 4s 1991 Consol gold 3%s 2002 85 82% 2.00% 3.25% 51 35"" 70 80 23 24 24 6.50 25% 5.00% 5.00% 5.00% 23 29 6.50 6.50 82% 3.25% 21 105 106 100% 97% M&S M&S 55 66% 40 46 Monon Coal—See Chic Ind & Lou Monongahela Ry Co— 1st mtge 4s ser A I960 Monongahela Sou 5s 1955 99% A&O 125 Montana Wyoming & Southern— 1st mtge gold 5s 1939 M&S Montauk Ext 1st 5s 1945 J&J 101 115 30 6s 1955 Montgomery & Erie 1st 5s 1956-Montour RR 1st 5s 1963 F&A Morris & Essex 3%s 2000 J&D Constr'n 5s 1955ser A...M&N Constr'n 4%s 1955 ser B.M&N Nashville Chattanooga & St L— 1st M 4s 1978 ser A 84 1.00% 103 100 F&A Eq tr 2%s 1939-1952 M&S Rys of MexicoPrior lien 4%s— Jan 1914 coupon on 1957.... July 1914 coupon on 1957—. July 1914 coupon off 1957—. 80 scrip receipt No 4 on 1957 Gtd gen s f 4s (Apr *14 coup on) April 1914 coupon off 1977.. Southern 97 scrip receipt No 5 on M C coll tr g 3%s 1977. / k Last sale, n NoHinal. 1998...F&A Spuyten Duyvil & Pt Morris— 3%s 1959. J&D N Y Cent equip trusts— 5s 1939 J&D 4%sMar 15 1939 M&S 4 %s 1939-1945 M&N , 2.25 2.25 3.75 3.75 2%s Mar 15 1939-1952 72% 56% 3-year 6s Oct 1 1938 Ref 5%s 1974 ser A A&O Ref 4%s 1978 ser O M&S 10-yr coll tr 4s 1946 F&A Equip tr 4%s 1938-'44 (yr)F&A Equip tr5s 1938 (yr) F&A Equip trust 3s July 1 1939-51 New York Connecting RR— 1st M 4%s 1953 series A—F&A 1st guar 5s 1953 series B F&A 1st 4s ext g 1947 2d ext 5s 1939 3d mtge 4%s 1938 42% 56% 6.00 6.00 6.00 101% 105 82% —M&N .M&S 65 M&S 65 N Y & Greenwood Lake Guar g 5s 1946 ..M&N N Y & Har 1st g 3 %s 2000—M&N N Y & Hob 17 28"" Fy 5s May *46.-. J&D N Y Lack & Western— 1st & ref 4s ser 54 A 1973—M&N B—M&N 51 New York & Long Branch— General gold 4s 1941-.-..M&S 70 General 1st 5s 1941 .M&S NY & NE Bos Ter 4s 1939—A&O N Y New Haven & Hartford— 60 Deb 6s Jan 15 '48 conv—J&J15 Deb 4s May 1 1957. M&N 80 / / Deb 4s July 1 *55 non-conv J&J / Deb 4s 1956 non-conv.w.M&N L 4s 1947 non-conv...M&S Deb 3 %s March 1947 M&S Deb 3 %s 1954 non-conv—A&O Mew York Ontario & Western— Ref 1st g 48 June 1992 M&S / Gen M g 4s 1955 red J&D / N Y Pennsylvania & Ohio— Prior Hen ext 4%s, 1950..M&S N Y Phil & Norf— 1st g 4s Income 4s Jan 1 1939 J&D 5.75 5.75 60% 64 30 9 6% 10% 70 100% 99% 72% 8 1 91 59 98 101 32 1937 2d mtge 4%s 1937 Gen mtge. 5s g 1940 5s J&J F&A .F&A M&N 63 70 3.50 2.75% 75 9% 7% 43% 4% 100% 100 94 J&J 1946 1st & ref g 5s '61 opt Norfolk / / / / J&J .A&O A&O Certificates of deposit----Norf & South 1st 5s 1941.M&N 1st gen g 5s 1954 opt J&J Southern— *15—F&A 13% - / 44 15 Norfolk Term 1st gu 4s 1961M&N Norf Term & Transp 5e '48F&A Norf & W Rv 1st con 4s *96. A&O Norrist'n & Maine 1st 4s *52 M&S Northern Central— 105 A—M&S 110 Gen & ref g 4 %b ser A *74.M&S Northern Ohio Ry 1st guar 5s— Apr 1 1935 & sub coups 1945— Oct 1938 and subs coupons 107 Gen & ref 5s 1% 5.75 5.57 88 F&A M&N / 54% 1% 13 N Y Short Line 4s 1957 N Y & Stamford 4s 1958 N Y Susq & Western— 51% 1 14 24% 18% 51 59 1 12 NT Y Prov & Bos 4s 1942 A&O / N 1 & Putnam 1st 4s g 1993. A&O 2nd 1 / '39 J&J M&N Stock trust ctfs 4s 1948 18% 9% 12% 12% 13 f Deb 3 %8 1956 conv ...J&J f 15-year secured 6s 1940 A&O 1st & ref 4%b 1967 J&D Equip tr 3s 1939-51 M&S Equip tr 4 %s Sept 15 1938 go Mar 15 1945 (s.-a.)— M&S15 Equipt tr 4%s '39-*46 (yr)_J&J Equipment trust 5s. Har Rlv & Pt Ohes 4s '54 M&N / N Y & N J Ferry 5« 1946 J&J 54 1% 96 N Y Chicago & St Louis— 1st 3%s extend 1947..._A&0 60 1% % % 82% 76% 61% 67% 67% Ref & ref 4 %s ser A 2013—A&O L S coll tr g 3%s 1998 F&A 1974 ser Ctfs of dep stmpd as to sale of April 1933 to Oct 1934.1945. to / Price includes accrued interest, M&N Ref g 3%s July 1 1997—J&J Deb 4s 1942 tax-exempt--J&J Stamped b Basis. 68% f 1946--A&0 56% Assent cash warrant and 72 100 sec s 3 %s conv secured 1952 Nord Ry s f 6%s 1950u Norfolk & Car 1st 5s 1939 30 Assent cash warrant and 96 1.11% 75 -A&O Term 1st g 5s 1943 N Y Westchester & Bos Ry 1st M g 4%s 1946 guar National 87 5.50 110% — 1st refunding 5s M&N A&O Gen 35% Deb 21% 20 Mohawk & Malone— 85 30 Cons mtge 4s 1998 ser A..F&A Ref & impt 4%s 2013 A.-.A&O 1st & ref 4%s 1973 ser 63% 20 Convg 5%s 1949 ser A...M&N Secured 5%s 1938-1956.-.J&D Equip trust 5s 1939 '40(yr)M&S Eq tr 4 %s '39 '44 F (yr). .M&N Mo Pac (old)—Gen 4s 1975-M&S 3d ext 4s July 1 1938 M&N 1938 W* 33 New York & Erie RR— 48 20% F&A Secured 5s W* 36 . 47 A&O of deposit Gen gold 4s. 1938 Ref & impt 4%s 1977 101 100% 96% 3% 20% 4s small 1945 Mobile & Ohio— / Unified gold 4s 1940 8 3 20% 5s small 1945 Gen M g 4s 1945 96 Long Dock cons Long Island80 Unified g 4s. 1949 M&S 83% Refunding mtge 4s 1949..M&S 78 4s stamped 1949 ...M&S 3.50 Equip tr 5s 1939 (yr) A&O 6 4.25 Equip tr 4%s 1941-45 (yr).F&A b 49 Los Ang-Pac Co ref 4s 1950—J&J 82 Louisiana & Ark 5s A 1969—-J&J 4.00 Equip trust 3%s to 1946.-A&O b Louisiana & North West RR— 1st M gold 5s 1935 A&O / 18 Louisville Henderson & St Louis— 103 1st mtge gold 5s 1946 J&J Louisville & Jeffersonville Bridge 105 Guaranteed gold 4s 1945.-M&S 7% M&S Mobile & Birmingham— Prior lien 5s 1945 90 10 50 40 85 Prior lien 4%s - 108 iy 73 3% A_.—J&J L 65 1978 ser B—J&J I 3 25-year 5%s 1949 M&S f 4.00 Eq tr 4s/1938 s-a J&D15 0 M St P & SS M & Cent Term Rylst Ch Ter s f 4s '41op'l6. M&N 50 Minn Terminal 1st 3 %s *50.-J&J J 101 Minn Transfer Ry 3%s 1956. J&O Missouri Illinois Bridge and Belt 70 RR cons 4s 1951 J&J f 24 Mo-Illinois RR 1st 5s 1959..J&J-' 75 Mo Kans & Okla 5s 1942.-.M&S Certificates 42% 69% New York Central RR 10-year 3%s 50 18% 1st ref 5%s 1st & ref 5s 1981 ser I Certificates of deposit 17% 1st M 4%s 1956 series D—F&A Equip trust 4%s Newport & Cincinnati Bridge— 1st M g 4%s 1945 guar J&J Newport & Richfor Is 5a 1941 Ref & impt 5s 2013 O 20 cons 1st & ref 5s 1977 ser F Certificates of deposit. 4% 97% New York Central & Hud Rlv— J&D 1st & ref 5s 1980 ser H 90 Lincoln Park & Charlotte— J&J Litchf & Madia 1st 5s 1959.M&N 41 1st & ref 5s 1978 ser G...M&N Certificates of deposit 88% 70 5s 1939 35 95 Certificates of deposit 45% 40 31% 1978 ser D.J&J Adj M 5s Jan 1967 ser A..A&O Eqtr 2%s 1939-1952 F&A Mo Kan & Tex (old company)— 1st gold 4s 1990 J&D Mo Pacific RR (new company)— 1st & ref 58 Jan 1965 A F&A 92% 88% 15% 65 34 to Missouri-Kansas-Texas RR— Prior lien 5s 1962 ser A J&J Prior lien 4s 1962 ser B J&J 72 Con M 4Mb *nn irred J&D Gen cons gold 4s 2003—M&N —— 102% Acer int at exch rate 4.8665.. Gen 14% 62 . Kansas Oklahoma & Gulf— 65 8 83'" Certificates of deposit— 1st 5s 1956 series O F&A 16 15 1st ref 6s 1946 series Kan City Sou—1st g 3s 1950 A&O Ref & Impt 58 Apr 1 1950--J&J 1st M 5s f gold 4s 1938 J&J f 1st cons gold 5s 1938 J&J J 1st cons 5s 1938 gu int J&J J 2d M gold 4s guar 1949—J&JL 1st ' 28* 22 New Orleans Texas & Mexico— 96"" 43 -------- at 4%% 1 55 27 63 J&J Income deb 5s 2032 J&J New Orl & Nor East 6s 1915 Extended at 5% 1940 M&N Ref & impt 4%s 62 ser A..J&J New Orl Term 1st 4s 1953.-J&J Non-cum inc 5s *35 ser A—A&O 1st 5s 1954 series B A&O Certificates of deposit 1st M 5%s 1954 series A—A&O 64 Minn St P & Sault Ste Marie— 97 /< 31% 1939 . 94" 70 Minneapolis Northfield & Southern Ry 1st 6s '41 _-M&S 94 89% 90% Minneapolis & St Louis— 1st 7s '27 ext at 6% 1932-. J&Dv 5s ctfs of deposit 1934 M&N J 1st refdg gold 4s 1949—..M&S'J. Ref & ext 5s Feb '62 ser A.Q-F'J. Certificates of deposit....— J 64 5% 85 95 Mil Sparta & NW 1st 4s 1947M&S Mll&State Line 1st 3%s 1941. J&J 96 —. 60 1940-----—A&O 1934 (1884) Kal & Sou Haven—See Mich Cent Kan City Ft Scott & Ref g 4s 1936 guar 1939----M&N 1st Mtge M Air L 4s 1940--J&J 1st g 4s Jol & N Ind 1957-J&J10 1st gold SJAs 1952-.-----M&N Middlesex Val 1st 5s 1942—M&N Midi RR 4% franc bonds 111 71 1st 5s KaI & S H Con ext 4%s 1939 Cons 6s 1913 ext 100 Jamestown Frank & Clearfield 1st g 4s 1959 guar J&D Joliet & Northern Ind 4s 1957 J&J Kana & Mich / impt 4 %s 1979 ser C. J&J Jackson Lansing & Saginaw 1st 3%s Sept 1 1951—-M&S 1st ext 4%s 101% guJ&D f F&A / f 50-year 1st 5s 1983 coup).1977 „ N J & N Y 1st ext 5s 1950—M&S General 5s Jan 1 1938 New Lon Nor 1st 4s 1940 J&J 87 83 Milwaukee & Northern— 1st 5s July 1 1939 —Ref & ext 5s series A 1967—J&J N Hav & No Ham 4s 1956 N J June 1st 4s gu 1986 32 108% Valley—5s 1943—A&O Adj M Apr 1 '53 ser A Sept t: Adj 5s series 3 1953 Sept Jackson Lansing & SaginawSee Michigan Central Jacksonville Terminal— off—1951 coupon receipt No 4 on —1951/ Naugatuck 1st 4s 1954 ..M&N New Eng cons 4s 1945 gu J&J Consol g 58 July 1 1945—.J&J f New Orleans Great Northern— guar.M&N International— 5% to 79 30 Ref & ext at Assent cash warrant and scrip 20 / Midland 3% April 1914 97% 1959—M&N (Foreign series) I960-----J&D of N J 1st 6s 1910 65 12 3 52% 78 71% 1% 1951 4.00% 4.00% 4.75 Midland A&O / Gulf Ry 1st 5s 1951 IW Nov 1 4s Asst(cash warr & Michigan Central— 16 Purch money 5s 1972..—J&J 1st M 5s 1972 opt. M&N . 48 Co— Memphis Union Station 1st g gu 5s 95 77 70 4.75 Equipment trust 5s —— Equipment trust 5%s-.-----Manila RR Sou Lines 4s '39.M&N 4s 1939 ext to 1959 U,.T Philippine Govt gu—--M&N Manitowoc Green Bay & Western 20 M&S 58 73 ... 1st mtge & coll 4s sen* A 45 J&D Conv gen 4%s ser A 1960-J&D Secured 6s 1959 1st ser.-J&J Bid Bonds National RR of Mexico— Prior lien 4%s assent cash warr't & scrip ret No 4 on *26 f 1st con 48(Apr 1914 coupon on) 90 1st cons A 6s 1963.-------A&O M'shfield & 8'east—See Wis Cent 107 J&J - AdJ M 6s July 1952 56 ... . Ask 85 1965--—J&J Macon Terminal 5s gtd 3%s 1941-------J&J Maryland & Pa 1st g 4s 51-M&S 102 J&J 1956 Indianapolis Union— Ref & imp M 3 %s ser B *86 Internat-Ureat North Ry— Savannah- Maine Central— Indianapolis & Louisville— 1st guar 4s Macon Dublin & 1st 5s 1947 1st 1950 48 5.25 g Indiana Harbor Belt RR— Genl mtge 4s 1957 Gen mtge 4%s 1957 Indiana Illinois & Iowa— 1st gold 5.20 65 Bid Bonds Ask as to 113 117 93 50 35 50 sale of Apr 1 '33 Apr 1 1938 coupons 35 JO RAILROAD NOTICE-—All bond prices are Quotations for all securities Bid Bonds 4 Ms 2047 ser A.J&J 6s 2047 ser B—J&J 5s 2047 ser O—J&J 5s 2047 ser D_ . . J& J Eq tr 4Hs 1939-'40 (yr)M&8l5 Eq tr 2 Ms 1939-1947 M&S J&J Eqtr 2Ms 1939-1946 Nor RR of N J gen 4 Ms 2000. J&J No Ry of Oal 5s g gu 1938A&0 North Pennsylvania KR— Gen g 3 3-10s 1953 J&D Northwestern Terminal— 1st M 5s 1977 An .-Apr / f 5s 1948 Norwich & Worcester 4 Ms '47M&S 82 M 82 % 56 57 65 60 73 67 T 2.75 2.75 67 1.50% 2.00% 2.00% 20 99% 92 23 27 - Ogdensburg & Lake Ohamplian— 1st guar g 48 1948.— J&J 4s stamped 1948 J&J Ohio Connecting 4s 1943 M&S Ohio & Little Kanawha5s '5CM&S Old Colony RR 4s 1938 J&J 1st M 5 Ms 1944 F&A 1st M 5s 1945 series B——J&D 1st M 4Mb 1950 series C J&J Ore RR & Nav cons 4s 1946. J&D Ore Short Line 1st 5s 1946-.J&J 75" 5% 4% Paterson Extension 5s 1950.J&D f Paullsta Ry 1st 7s '42serAM&815 Pennsylvania Company— 28-year secured 4s 1963—-F&A Gu tr ctfs g 4s 1952 M&N Gu tr ctfs g 3 Ms 1941 F&A Gu tr ctfs g 3 Ms 1942 J&D Gu tr ctfs g 3 Ms 1944 J&D Pa & N Y Canal con 5s 1939 A&O Cons mtge 4 Ms 1939 A&O Cons mtge 4s 1939 A&O Penn Ohio & Detroit RR— 1st & ref 4M» 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 Con M 4s gold 1948 sterling stamped dollar M&N Con M 4Ms gold 1960 F&A Gen g 4Ms 1965 J&D Gen g 5s Dec 1 1968—.-J&D Gen M 4 Ms 1981 ser D—A&O Gen M 4 Ms ser E 1984—J&J Deb 4Mb 1970 A&O Gen M 3 Ms ser O 1970—A&O Oonv deb 3Ms 1952——.A&O 30-yr secured 4s 1939-1964. J&J Gen equip 5s 1938-39 (yr)_A&0 Eq tr 4Mb 1938-39 (yr)._A&0 Eqtr 4s series E 1939-1949-J&J Eq tr 2 Ms ser H '39-'52_.M&N Peor & East cons 4s 2d conslnc 4s 1990 1940.-A&O Apr 1 Peoria & Pekln Union Ry— 1st g 5 Ms 1974 series A F&A Peoria Ry Ter 4s 1937 gu op. J&J Pere Marquette Ry— 1st g 5s July 1956 ser A..J&J 1st g 4s July 1956 ser 1st 4Mb 1980 ser C— 5M 11 9 9 11 11 107 108 114 ll5M 100 100 M 70 85 66 69 63 Young & Ashtabula— 1st gen 4s series A 1948—J&D 1st M 5s 1962 series B F&A 1st gen 5s 1974 series O.—J&D 1st 4 Ms series D 1977 J&D Portl (Me) Term gu 4s 1961-J&J 103 92 93 % 22 9 75" 60 93 M 93M 101 94 % 96 103 99% 103 M 97 56 96 106 111 110M 110M 115M 96% 102 M 94 M 94 M 84 M 87 M 116 98 M 103 2.85 2.85 49 50 9 55 98 99 M 102 2.50% 1.50% 92 104 102 M 103 105 Richmond-Washington Co— 105 H 35 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 68 M 3 1 3 J&J 37 M 17 / 38M 17% 12M .-J&J 14 63 8 6 J&J J&J J& 3.75 3.50 10 107 M 40 107 M 105% 94 88 M 91 95 90 93 60% 75 35 37 % 23 M 25% Southwestern— 16M 18 5.50 J&J Eqtr 5M» 1939 (s-a)_.—-M&S Equipment trust 5s Equip tr 4M8 1939-1945—J&J 4.50% 4.50% 4.50% 5.50 5.50 J&D 93 88 1996--J&D 78 8M 107 % 1st guar 4Mb 1941 St Paul Minn & Manitoba— 8M 4Mb series B 1942— A&O 4 Ms series O 1942 —.M&N M&N 105 M 106 M 108 M 106 Pacific ext 1st 4s £ 1940—J&J St Paul Union Depot— .J&J 1st & ref 5g 1972 Salt Lake City Union Depot 16 9% 99 M 98 i 116 and RR 1st 5s 1938. —M&N Salt Lake & Ogden 5s 1934 f San Antonio & Aransas Pass— 116M 100 :::: 3Ms series E 1949 F&A 105M 1953 4s series G 1957 4s series H 1960 J&D 102 M&N F&A 102 4Ms series I 1963 4Mb series J 1964 F&A M&N 61M 1943 J&J Joaquin Val— 58 Oct 1 1940 A&O 110M 113" 111 113 101 101 Gen M 5s 1970 ser A J&D 100 Gen M 5s 1975 ser B A&O 100 M 92 M Gen M 4 Ms 1977 ser O—.J&J Pitts Shawmut & Northern— 6% receivers' ctfs 1927 F&A Pgh & Shawmut 5s 1959 ...J&D Pitts Shenango & Lake Erie— 1st gold 5s 1940 A&O Cons 1st g 5s July 1 1943..J&J 6 94 - 8 15 113 113 Plttsb Term RR & Coal— 1st g guar s f 5s 1942 J&J Pitts Va & Char gu 4s 1943-M&N Pitts & West Va Ry— 40 105 1st M 4Ms 1958 ser A J&D 52 1st M A&O 50 A&O Eq tr 3 Ms Apr 1 1939-1946 Eq tr 2Mb 1938-1946 J&D 52 6.50 6.50 1st g San Fran Term 1st 4s 1950--A&O Santa Fe Prescott & Phoenix— 65 106 M 89 M 1st g 58 1 942 M&S Schuylkill & Leh 1st 4s '48.M&N 107 63 5.50% 5.50% 90"" 114" A&O Stamped A&O Adj mtge 5s Oct 1 1949—F&A Ref gold 4s 1959 opt A&O / / / / Certificates of deposit / 1st & cons 6s 1945 ser A—M&S / Certificates of deposit— / 5% secured notes 1931 F&A / Receiver ctfs 2-3 Ms '45—F&A Atlanta-Birmingham Div— 1st g 4s May 1 1933 M&S / Seab-AU Florida Ry— 6s ser A ctfs of deposit / 6s ser B ctfs of deposit / Seaboard & Roanoke 5s 1931.J&J f Seacoast RR prior lien 5s '48. A&O Shamokin Sunbury & Lewisb'g— 2d ext'd 5s 1945 J&J Shrev Bdg & Ter 5s '55 gu—F&A Sioux City & Pac 3 Ms 1936._F&A / Somerset Ry 1st & ref 4s '55 J&J 1st M 4s July 2 1950 J&J South Bound RR 1st 5s 1941 A&O / South & North Alabama— Gen 5s 1963 108M 101 Seaboard Air Line Ry Co— 1st gold 4s 1950 101 12 11 3 6M 5 8 7% 7 57 - 4 3% 42 13 M 15 3M 6% 7 8K 8 59 94 75 20 K 4% 4M 46 98 14 38 mm 17 mm 45 40 O 00 . - 19 60 South Indiana 1st g 4s 1951-.F&A /This price incluues accrued interest. fcjLast sale, n Nominal. 10 72 Texas & New Orl 5s 1943 Texas & Pacific Ry— 99 J&J D...J&D M&N 4Mb ser HH 1939-40—M&S 4 Ms ser JJ 1939-42 A&O 4 Ms ser A1939-43 F&A 111M 86" 86 86 2.50 3.00 3.25 3.25 M&N 3.25 4 Ms ser C 1939-44 J&D 2 Ms ser D 1939-52 M&N Tex Pac-Mo Pac Term KR— 3.25 95 4s ser B 1939-43 Toledo & Ohio Central— Ref & Imp M 3 Ms ser A 3.50 86 *60 J&D 86 St Mary^i Div 1st 4s 1951 F&A Toledo Peoria & Western RR— 67 1st mtge 48 ser B 1967—. .J&J Toledo St Louis & Western— 81 "J 48 1st gold 4s June 1 1946 Consol M 4Mb 1966 ser J&D A.F&A Transylvania RR 1st 5s 1956.J&J Tulsa Un Dep 1st 4%s '59. _J&J Union Depot (Columbus, Ohio) Gen 4 Ms 1946— J&J 35-year 3Ms debs 1971—M&N 34-year 3 Ms debs 1970-.-A&O Eq tr 2M8 ser E 1939-52--J&J Eq 4Ms Sept 15 '38-*39.M&S15 Union RR (Penn) 1st 5s '46-M&S M&S 105 104 .—— 50" 95 99 96 110M 104 113M 94 M 93 M 2.60 1.75 110 117M (Dallas)- lst mtge 3 Ms 1967 F&A United N J RR & Canal Co— 98 M&S 1st 4Ms Sept 1 1979 General gold 4s 1944 1st 4s Sept 1 1948 1st 4Mb Feb 1 1973 Gen 1st g 3 Ms 1951 Utica Clin & Bing 5s 1939 Vandalia RR— Cons g 4s 1955 series Series B 1957 75 A&O gug 32 88 M Deb 6s 1946 Union Terminal Co 8 15 Southern 111 & Mo Bridge Co— 1st Mg 4s 1951 M&N cons f f 112 ] Union Pacific— 1st ry & land gr 4s g 1947--J&J 1st & ref 4s June 2008 M&S 1st & ref 5s June 2 2008—M&S 16 Scioto Val & N E 1st 4s 1989M&N 106 103 88 Toronto Hamilton & Buffalo— F&A / 1st guar g 4s 115M 4M 40 103 M f g 4s '53 opt 1st gold 4s April 1 1950 A&O Tol Term 1st 4%s '57 gu M&N Tol Walhoudlng Valley & Ohio— 1st g gu 4s 1942 ser O M&S St Paul & Duluth— St Paul East Gr Tr 4 Ms 47-J&J / St Paul & Kansas City Short Line 114M 95 f f 1st M g 5Ms 1964 M&8 Toledo Canada Southern & Det— 1st 4s 1956 J&J San Fran & San .J&J 13 80 '10. J&J s 5s series GG 1939 Eq 4 Ms 1939-'41 BB (yr)_F&A Equipment trust 4s 15% 8M 43 Equipment trusts— \\H 106 54 — & Gulf Coast g 5s'53.A&0 North 1st 5s '36 opt.J&J Union Sta 5s 1940—M&N Un Term 4-6Ms *53.-J&J Tavares & Gulf 5s A 1935—M&S Term RR Assn (St Louis)— 18 10M 90 Berwick RR 5s 1952. Tampa Tampa Tampa Tampa 10 Certificates of deposit stpd.. 104 92 65 Stephenville Nor & Sou Texas— 1st M guar g 5s 1940 -J&J f Sturgis Goshen & St Louis Ry1st 3s Dec 1 1989 J&D f Suffolk & Oar con 5s 1952—.J&J f Sullivan Co RR 6s 1944 A&O Susquehanna Bloomsburg & Gen & ref 5s 1980 ser II"" 114 65 85 Certificates of deposit Cons in 4Mb 1978ser A—M&S 108M 94 M 62 1.00% 2.50% 2.50% 106 M 104 M 4.25% 4.25% 95 1st gold 5s 2000 J&D 2d 5s Dec 1 2000 Ann Mar Gen & ref 5s 1977 ser B A&O Gen & ref 5s 1979 ser C A&O 12M 14% 12M F&A 4.25% 5.00 Eq tr 4 Ms Oct *38-'39 (s-a)A&0 b 5.00 Aiken Branch 4s 1998 40 J&J 58 Gen & ref 5s ser A 1990 68 5.00 E Tenn reorg lien 5s 1938 M&S 1st Mem Div g 5s 1996 J&J St Louis Div 1st g 4s 1951-J&J 60 1st g 4s 1989 M&N 2d g inc 48 Nov 1989 J&J 1st term & unif 5s 1952...J&J 46 M 62 b Texas City Term 6s 1941 _J&J '26 82 35 13 99M t?&f 193£M»-aL-—I—M&S Gen ref 12 % 1st consol g 4s 1968 Mortgage 4s Dec 1 64 M Terre Haute & Peor 5s 1942.M&S Texarkana & Ft Smith— 1st M 5 Ms 1950 guar F&A St Louis City see Pac of Mo 98 Eq 1st consol gold 5s 1944 7M 6M 12 M 3.00% 2.75% 77% 61 103% St Lawr & Adirond 5s 1996--J&J 2d gold 6s 1996 —A&O 75 gen 7 4 Ms stamped 1941 J&J St Clair Maa & St Louis Belt— Alton Bridge 1st g 4s *51--J&J St Johns & L Cham 5s 1944.M&S 65 M 76 M 45 M ..J&J M g 4s '56. A&O 6s 1956 A&O 6 Ms 1956.-A&O 101 Spokane Falls & Nor 6s 1939.J&J Spok Internat 1st g 5s 1955.J&J f 12M Stark Elec RR 1st 7s 1952—J&D f 17 Staten Isld Ry 4 Ms 1943 103 M J&D 40 30 M&N 4 Ms 1940 A&O Richmond Term 1st 5s 1952.J&J 72 M gen gen >artanburg Union & Columbia— 1st 4s 1995 J&J 103 M 85 Cons St Louis 70 Develop & Develop & Develop & Mobile & O coll tr 4s '38.M&S 101 99 Richmond & Petersburg— 103 M 50 72% b 101 102 "K 60 Railway— 86 3.25 7% 45 Southern 1st consol g 5s 1994 62 M 80 2.00 56 72% Stamped (Fed tax) 1955.J&J / Certificates of deposit... Prior lien 5s 1950 series B.J&J A&O Pitts Cin Chic & St Louis— Con g gu 4Ms ser A 1940-A&O 11 Prior lien 4s 1950 series A_ J&J 102 2.25 2.40 O (yr) Ferries) 1st 5Ms 1949 A&O Southern Pacific RR Co.— 1st ref g 4s 1955 opt 1910—J&J 52 5.00% 1.00% 7 M&S Eq 5s 1939-1941 D (yr) .A&O Southern Pacific (Golden Gate 54 1.50 1.50 Pitts Bessemer & Lake Erie— 4M« 1959 ser B 1st M 4 Ms 1960 ser C 70 „ Certificates of deposit St L Peo & N W 5s 1948 J&J St Louis-San Francisco Ry— Phila & Reading RR— See "Readl ng Co, Philippine Ry 1st 4s 1937 J&J / 15 Piedmont & Northern— 1st mtge 3 Ms 1966 85 J&O ... 50 60 68 M P 3.00 3.25 Express-^ Eq 5s 1939 33 opt'06.-A&O 4 Ms 1941 2.25 " Pacific Fruit Eq 4 Ms 1939-'45 (s-a)—M&N Equipment trust 5s Philadelphia & Reading RR— Imp M ext g 4s 1947---A&0 Extended 4Mb Oct 1 1943--Term 5s g gu May 1 '41 Q&F Rensselaer & Saratoga— 6% g bds May 1 1941 M&N Rich Fredericksbg & Potomac— Cons mtge 4Mb 1940 A&O Richmond & Mecklenburg— 92 F 93 99 61 94 M 93 4s series D 1945 88 82 M 5 50 66 gold 5s 1947 64 95 St Louis Iron Mt & Sou— Riv & Gulf Divs 4s 1933-M&N 88 51 10-yr secured 3 Ms 1946 J&J Equip 5s 1939 (yr> M&N Eq tr 4 Ms 1939-1940 fyr).J&D Eq tr 4 -1941 yr)_J&D 76 M con 52 M&N 99 H 100 1st coll tr 4s 1949 opt A&O Rock Island Ark & Louisiana— 1st guar 4Ms 1934 M&S 51 4 Ms 1969 with warr 102 5 M&S g 4s guar 1940 Rio Gr West 1st 4s 1939 ny> ——M&S M&N 87 98 M St Joseph & Grand Island— 1st gold 4s 1947 ———J&J 111 Biu 40-year 4 Ms 1968 50-year 4 Ms 1981 Gen & ref 4Mb 1997 ser A..J&J Gen & ref 4 Ms 1997 ser B.J&J Rutland 94M 103 .M&S Gen M 4Mb 1977 ser O— J&J Gen 4Mb series I) 1981 .J&D Phila & Chester Val 4s 1948.A&0 Phila Newton & N Y 3s 1942 A&O 1951 Rutl Can 1st g gu 4s 1949 4s stamped 1949 59 B..J&J Gen 4s April 1 I960-... Gen 5s 1974 series B 109 103 M 85 Rock Island-Frisco Term Ry— 1st M 4Ms 1957 J&J 54 64 Phlla Bait & Washington— 1st gold 4s 1943 ..—.M&N b Basis. Bonds Southern Pacific Co— Coll tr 4s (OP) Aug 1 *49-J&D 1st 4 Ms (Ore Lines) 1977-M&S 107 M Port Reading 1st gu 5s 1941--J&J Potomac Val 1st gu 5s g 1941 -J&J Prov Sec deb 4s 1957 gu M&N Prov Ter 1st g 4s gu 1956—M&S Prov & Wore 1st 4s 1947 A&O Raleigh & Augusta Air Line— 1st 5s 1931 J&J Ral & Gaston 1st 5s g 1947 J&J Raleigh & S'port Ry 5s '65—J&D Raritan River 1st g 5s 1939--J&J 1st Phila & Bait Cent 4s 1951—M&N 4s series Ask 102 Guar 5s 1961 J&J Portland & Rumford Falls— 5s 1951 M&N 1st g 4s Nov 1 1948 66 100 Equipment trust 4 Ms Equip trust. 2Mb 1938-46._J&J Perkiomen RR ext 3 Ms 1951.J&J Cons Bid Reading Belt 1st 4s 1950 Reading Company— and defaulted bonds day of the month preceding the date of Issue Bonds 11 9 20 1956 6 9 J&D red to marked 'f" and Income possible for the closing Jer Cent 4s 115 guar 85" 107 40 5s 1946 J&J Oregon-Wash RR & Nav— 1st & ref g gu 4s *61 opt..J&J PacFruit Express—See Sou Pac— Pac of Mo 1st ex g 4s 1938--F&A 2d ext 5s gold 1938 J&J Cardelet Br 1st 4 Ms 1938. A&O St Louis City real est 5s *38 J&J Phducah & 111 1st 4Mb 1955.J&J Paris-Orleans extl 5Ks 1968 M&S 6% franc bonds (foreign series) cons as Pitts Prior lien g 4s Jan 1997 Q&J Gen lien g 3s Jan 2047——Q&F 1st BONDS Interest" except where Ask Northern Pacific— Ref & imp Ref & imp Ref & Imp Ref & imp "and are as near 114 M&S M&S F&A M&S 108% 109 M J&J A...F&A M&N 114 104 M 75 104 M 103 Vera Cruz & Pacific RR— 1st guar 4Mb assented— Cash war & scrip ret No. 5 on 1M 67 Vermont Vail 1st 4 Ms 1940—A&O Vicksburg Bridge Co— 62 1st s f 4-6s 1968. J&D Vicksburg Bridge & Term Co— 80 M&S / 1st M s f 6s 1958 23 Debenture s f 7s 1948 M&S Vicksburg Shreveport & Pacific 80 Prlien 6s *15ext 5% '40—M&N 75 Gen 5s May 1 1911 M&N 80 ref & impt 5s 1973 —M&N 75 Va & Southwest 5s 2003 J&J 56 1st cons g 5s 1958 A&O Virginian Ry— 103 M 1st lien & ref 3 Ms A 1966.M&S 2.00 Eq tr 4Mb 1939-1940 (yr)—J&J Aug., 71 railroad bonds bond prices are "and Interest" except where marked "f" and Income and defaulted bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue NOTICE—All Bonds and Stocks Bid Wabash Railroad Co— 1st gold 5s 1939 2d gold M&N f 51 F&A f 30 5s 1939 Certificates of deposit..... trust Canada 45 75 75 75 trust 5s 1948 1 Chesapeake Corp 33% 20 Chicago Burl & Quincy Chic & East Illinois 10 10 13% v* 11 10% 11% 11% 11% 10 11 10 27% 39 100 % 105 43 106% 109% 63% 38 41 85 103 % West N Y & Penna 4sl943. A&O Western Pacific RR Corp— 1st M 5s 1946 series A M&S f 20% Assented 5s 1946 f 19% b 6.00 Equipment trust 5s..... Eqtr5%s 1938 (yr) J&D b 6.00 91 2%s trustees ctfs Dec. 1 1938— 99 Western Pocahontas 4%s 1945. 80 Western Ry of Ala 4 %s '58..A&0 Cleve Cine Chicago & St Common (guar) 20 94 - Wheeling & Lake Erie RR— Ref mtge. 4s ser D 1966..M&S 1st consol gold 4s 1949—M&S 102 104 106 % 107% Wheeling Term 4s 1940 F&A White & Black River Valley— 103 5s 1980 J&J / 1 3 Wichita Falls & Southern— 25 40 Sup & Dul Dlv 4s 1936—M&N Certificates of deposit ... div ff 1st gold 4 %s 1943 J&J / Yonkers Ry see "P U" bonds— Yosemits Vails f g 5s 1936..J&J f 80 12% 11% 5 9 7 50 9% 11 50 53 67 64 68 102 40 100 28 23 100 Augusta & Savannah (guar).. 100 Avon Gen & Mt Morris (gu)-100 Bait & Cumberland 7% gu 50 Baltimore & Ohio common—100 4% non-cum pref Bangor & Aroostook com 5% conv preferred Beech Creek (guar N 100 50 100 Y O)—50 Belgian Nat Rys Co— American shares partlc pref.. Boston & Alb (guar N Y O)—100 Boston & Maine common 100 * Unstamped— 1st pref 5% class A.....100 1st pref 8% class B 100 1st pref 7 % class C 100 1st pref 10% class D 100 1st pref 434% class E 100 6% non-cum preferred 100 7% prior preferred 100 Stamped— 100 Common 1st 5% class A 100 1st 8% class B 100 1st 7% class O 100 1st 10% class D 100 1st 4%% class E...100 6% non-cum pref stamped.. 100 Boston & Providence (guar)..100 Boston RR Holding pref .100 • pref pref pref pref pref No par value. X Quotations Ex-dividend. 25 Preferred (capital stock.. * ♦ 100 100 64 65 22% 30 5 55 i!* 12% II* 36% 55 70 110 27 23 40 10 60 9% 11% 36 29 32 83 98% Z$x 86 4 3% 2% preferred Central 2 2 16% 11% 3% 4 4 4% 3% 3% 4% 38 2 1% 40 45 6 3% • 6 10 35 45 30 28 15 represent 3 3% 40 50 60 > 65 88 82 55 52 • V; .. .. 57" 40 150" 143 1 3 10 14 3 6 1% 4 22 13% 22% 40 49 45 "5% 4% 20% JX 46 48 110 120 50 60 65 75 2 6 ' % 1.7* 103 100 81% 12% 55 y 1% 76 60 30 1 95 38 20 30 20 2 30 21% 2 101 it* 100 100 Pittsburgh & Lake Erie 50 Pittsburgh & West Virginia 100 Pitts Youngstown & Ashtabula— Preferred (guar) 100 Pittsfield & No Adams (guar) 100 _ Rich Fred & Potom—com 100 Dividend obligations.. 100 6% guaranteed... ...100 7% guaranteed.... .100 Roch & Genesee Val RR (gu).100 Rome & Clinton (guar) 100 Rutland 7% preferred 100 Rutland & Whitehall (guar)..100 St Joseph South Bend & Sou— Common (guar) 100 17* 115 250 34 37% 76 91 138 153 52% 12% 135 38 6% non-cum preferred...-.100 St Louis Southwestern 100 5% non-cum preferred 100 Saratoga & Schenectady (gu). 100 Schuylkill Valley Nav & RR(gu)50 Seaboard Air 4-2% preferred 100 Shamokin Vail & Pottsv (gu)_.50 Sharon (guar Erie) 50 Southern Pacific Co 100 Southern Ry common ....100 5% non-cum preferred 100 65 14 340 390 50 44 49 6% 7% 15 65 75" 600 800 1 3 ~8~~ 38 35 % % % 2% 2% 9% 1% 2% b Basis. 56 \h rl* 33 2% bO 20 P IfH 35 140 * 5 -.100 100 22 40 117 Central non-cum preferred % 1% 2 3 3 10 1% 2% 80 90 82 100 78 216 Valley RR (N Y) (guar) 100 Vermont & Mass (guar) 100 Vicksb Shrevep & Pac (guar). 100 5% non-cum pref (guar) 100 Virginian Ry common.......100 6% cum preferred ......100 Wabash Ry.. ....100 5% non-cum preferred A 100 5% non-cum conv pref B..100 Ware River (guar) 100 Warren N J (guar D L & W)_ 50 West Jersey & Seashore (gu). 50 Western Maryland Ry com.. 100 1st preferred... ....100 4% non-cum 2d pref ..100 Western Pacific RR Corp....100 6% non-cum preferred ..100 Wheeling & Lake Erie Ry 100 4% prior lien 100 5 % % cum preferred 8 100 1OO Wilton (guar Boston & Me)..100 34 15 100 4% 17 50 100 100 1% 35 60 United N J RR & Canal (gu).100 Utlca Chen & Susq Val (gu).lOO Utica Clinton & Bingham (gu)100 Preferred (guar) 100 75 46 44 conv 30 100 50 Union Pacific—Common.. 70 * 40 Line common non-cum Preferred Texas & Pacific Ry 6% 100 180 Troy & Bennington (guar) 100 Troy & Gr'bush (gu N Y C)_. 50 Tunnel RR of St Louis (guar) .100 100 100 65 150 36 Tennessee Minneapolis St P & S S M—-100 7 % non-cum preferred 100 60 65 117 11 100 6% 17m 24% 18% 100 (guar) 52 100 19 44 St Louis Bridge 1st pref (gu)__ 100 2d preferred (guar) 100 St Louis-San Francisco Ry 100 23 100 face amount, 58 29X * 10% 33 30 *100 109 109 100 Piedmont & Northern 20 50 50 per 19% 17% 28% 100 Pgh Bess & Lake Erie (guar) 50 Preferred (guar) 50 Pitts Oin Chic & St Louis (gu) .100 48 Mill Creek & Minehill Nav (gu)25 Mine Hill & Schuyl Hav(gu)—50 dollars 100 Stony Brook (guar) Sussex (guar D L & W) Syracuse Bing & N Y (gu) 40 com Eastern Mob & Ohio stk tr ctfs (gu)-100 Southwestern of Ga (guar) 100 45 preferred 100 Mobile & Birmingham— 4% non-cum pref (guar)...100 & Preferred 13% 95 7% preferred series A Peoria \4% 111 Cent stk ctf 1952..1000 Reading Co 50 4% non-cum 1st pref 50 4% non-cum 2d pref 50 Rensselaer & Saratoga (guar). 100 3% 6% 5% 35 5% Ry 100 Adjust 4% non-cum pref 100 No Carolina (guar Sou RR)_.100 Northern Cent (guar Pa RR). 50 Northern Pacific Ry 100 Northern RR of N H (guar)..100 Northern RRofN J (guar) 100 North Pennsylvania (guar) 50 Norwich & Worcester pf (gu)_100 Ogden Mine RR (gu On N J).100 Old Colony (gu NYNH&H)._100 Ontario & Quebec (guar) 100 Oswego & Syrac (gu D L & W) 50 Passaic & Delaware (guar) 50 Passaic & Del Exten (guar)..100 Paterson & Hudson River (gu)_50 Paterson & Ramapo (guar) 50 Pemigewasset Valley (guar)—100 Pennsylvania RR 50 Pennroad Corp v t c 1 Peoria & Bureau Val (guar) 100 65 3 41 com Norfolk & Western 60 90 4% leased line ctfs.. \X AX Railroad Securities Co— 100 100 100 42 Little Miami original guar... 50 Spec gu <r betterment stk. 50 LltScbuvl Nav RR & Ooal(gu) 50 Louisville Henderson & St Louis— Preferred (guar) 100 Louis & Mo Riv pref (guar)-.100 Louisville & Nashville ..100 Y Central) .100 38 65 Pref (guar N M aine Central 20 101 100 63 50 Mahoning Coal RR 40 13 100 7 % conv preferred N Y Ontario & Western Norfolk Southern (gu) 58 50 Lykens Valley RR & Coal (gu)_20 50 50 100 com Portland & Ogdensburg (guar) 100 Prov & Worcester (guar) 100 37 Mississippi Central 5% % 22 ... 10% non-cum pref (gu) N Y Lack & West (guar) 41 35 Lexington Union StationPreferred (guar) Mo-Kan-Texas RR "2% % 15 Preferred N Y & Harlem 37 21 Lehigh Valley......... 70 43 100 Pitts Ft W & Chic com (gu) 7 % pref (guar PaRR) 2% 9% 12% 5% preferred 100 Joliet & Chicago (guar) 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 (gu)..100 Lake Superior & Ishpeming 100 Missouri Pacific "j% 16% 7% 7% 12% Preferred .... 22 83 140 ...100 5% preferred Massawippi Valley (guar) Michigan Central (guar) Middland Valley common 2 11% non-cum Non-cum 6% pref series A..100 34% 94% 75 5% Illinois 6% preferred series A 100 100 Phila Germ & Norris (guar).. 50 Phila & Trenton (gu Pa RR).100 33 80 130 35 34 * Marquette Ry com.. 5% preferred 5 % prior preferred. Peterborough (guar) 9 29 38 100 Pere 5 8 ...100 100 Leased linos (guar) 100 Stk tr ctfs—See RR Securs Co Internat Rys (Cent Am) com .* 42 II* 74 4% 4% 18% % 2% 8% 6% preferred Hartford & Conn Western 100 Hudson & Manhattan ...100 1% 11 12% 35" Goshen & Deckertown (guar)..10 13% il 11 43 Q 7/ 100 100 Great Northern Ry— Iron Ore Prop trust ctfs 108 35 Atlantic Coast L Co of Conn..50 com VV'msport (guar). (guar) European & North Am (guar) 100 Fort St Union Depot (guar)—100 Ft Wayne & Jack pref (guar).lOO Genesee & Wyoming 100 Georgia RR & Rank Co (gu)-100 Georgia Sou & Fla common 100 1st preferred 100 2d preferred 100 13% 62 102 Atlantic Coast L RR Klmlra & 100 50 50 50 50 Green Bay & Western Greene (guar D L & W) Gulf Mobile & Northern com.100 — Atlanta & West Point. preferred non-cum East Mahanoy (guar) East Pennsylvania (guar) 4% non-cum 1st preferred-.100 4% non-cum 2d preferred-.100 Erie & Kalamazoo (guar) 50 Erie & Pitts (guar Pa RR)— 50 4% Alabama & Vicksburg (gu)—100 Albany & Susquehanna (gu).-100 Albany & Vermont (guar) 100 Alleghany Corp common * 5%% pref (with $30 warr)_100 5%% pref (without warr)„100 5%% pref (with $40 warr)_100 2 % % prior con v pref * Allegheny & West (6% guar) .100 Atchison & Eastern Bridge—100 Atchison Topeka & Santa Fe.100 5% non-cum pref 100 Atlanta Birm & Coast pf (gu)-100 Atlan & Char Air L (guar) 100 8% 12% yy8 50 preferred-•.-—.100 Preferred 40 50 45 7 9% H (guar Penn) —25 Denv & Rio Gr West 6% pref.100 Erie—common i* 50 com 41 (guar) -50 Delaware & Bound Br (guar) .100 Delaware & Hudson Co 100 6% RAILROAD STOCKS Preferred. 67 93 Preferred non-cum 135 63 69 Cuba RR 6% non-cum pref—100 Dayton & Mich com (guar).—50 Detroit Manufacturers (guar) 100 Dover & Rockaway (guar)—100 25" 130 -50 (guar)—100 Ry 100 72 Duluth South Shore & Atl— 13 4s 1951 M&N Worcester & Conn Eastern Ry— A1 Great Southern LouislOO 100 Delaware Lack & Western— %•' 22 .50 Concord & Portsmouth (gu)—100 Conn & Passumpsic pref (gu) .100 Consol Rys of Cuba 6% pref. 100 5% Winston-Salem Southbound— 1st gold guar 4s 1960 105% J&J 112 Winston-Salem Term 5s '68.A&O Wisconsin Central Ry— 1st gen g 4s 1949 J&J / 11 Certificates of deposit 1st & ref 4s 1959 A&O S'eastern — Columbus & Xenia (guar) Detroit & Mackinac 6% 114 70 non-cum Detroit Hills & S W 103% lstggu4%s 1941 opt M&N Wilkes-Barre & Eastern— 1st guar g 5s 1942 5% .J&D / Wilkes-Barre & Scranton Ry— 92 1st 434s May 1 1938 Willamette Val Southern Ry— 6s 1939 F&A / 11% Wilmington & Newborn— 76 1st gold 4s 1947 —F&A 96 Wilmington & Nor 4 %s '77—J&D 102 Gen 5s Aug 1 1982 F&A 90 Wilmington Ry Bdge 5s "43_A&0 260 104 Delaware 1st 5s extended 1948 J&J Wichita Union Terminal Ry— 90 110 4% 1 st non-cum preferred—100 4% 2d non-cum preferred-.100 4.50% 2% 250 pref (gu). ——100 Cleve & Pitts (gu Pa RR) 7%.50 Special guar 4% -50 Colorado & Southern _-100 5% % i% i% 4% 85 non-cum preferred (gu)._50 Union Terra 5% pref 100 Clearfield & Mahoning (gu) 4.50% 4% 1% 1% 4% % 2% 1% 6% 88 24 s ~i% — 86% 2.50% 2.50% 103% New York Central RR N Y Chic & St Louis com N Y New Haven & Hartf ——-100 Cincinnati Sandusky & Cleveland Cin 87 1st & ref 5%s 1977 ser A—J&J b 3.25 Equipment trust 4 %b b 3.25 Equipment trust 5s 45 . Preferred- 37 25 25 New London Northern (gu) —100 New Orleans Great Northern.100 New Orl Texas & Mexico 100 1% Inter-Terminal— 1% 10 Nashv Chatt & St Louis 100 Newark & Bloomfield (guar)..50 Common Cinn Montgomery & Erie (guar) Original (guar L & N) Unstamped (guar L & N) % 4% 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 Bid Morris & Essex (guar) 50 Morris & Essex Exten (guar) .100 Mt Carbon & Pt Carbon (gu)_. 50 Nashua & Lowell (guar) 100 43% 32% 3^ Preferred (guar) 100 Oin New Orl & Texas Pacific.. 100 51 14 42 common.100 Par Nashville & Decatur— 11* -50 100 6% preferred J 00 Chicago Great Western,,com..100 4% preferred—-----------100 Chicago Ind'polis & Louisville 100 4% non-cum preferred 100 Chic Milw St P & Pacific- 50 22 31% 100 (guar) 41 20 Chesapeake & Ohio common...25 Preferred series A 41 19 11 Stocks Mobile & Ohio—See Southern Ry 80 38 (guar). 100 -* Chestnut Hill 1st g s f 4s 1990 A&O West Fruit Exp—See Gr Nor Western Maryland 4s 1952.A&0 t Chattahoochee & Gulf 91% 20 .......... 62 & 47% 7% 7 75 38 ----25 75 25 West Shore 1st 4s 2361 J&J West Virginia & Pittsburgh— Marshfieid 37% — (guar) 100 Catawissa RR—1st pref (guar).50 2d preferred (quar) —- — — —50 Cayuga & Susq (gu D L & W)_30 Central of New Jersey——-.100 71 • Southern 85 30 Q-Mar Washington Co Ry 1st g guar 3%s Jan 1954 opt 1924 J&J Wash & Frankl Ry 1st 5s *39.J&J Wash Term Co—3%s 1945..F&A 1st gold 4s 1945 guar F&A Washington & Vandemere— 1st 4%s 1947... —F&A 1st 25 85 85 Washington Central Ry— Mar Ask 22 Caro Clinchfield & O 11% Des M Dlv 1st g 4s 1939—J&J f. Toledo & Chic 4s g 1941—M&S f Omaha Dlv. 1st 3 %■ g '41.A&O f Wabash Railway Co— 4s Bid Canadian Pacific — 10 5%s t Certificates of deposit.. Ref & gen 5s 1980 ser D..A&0 f Certificates of deposit f Warren 1st ref g 3%s 2000—F&A 52 32 -. 30 t Ref & gen 5s 1976 ser B..F&A f Certificates of deposit f Ref & gen 434« 1978 ser O.A&O f -» — Eqtr 4%s 1939-43 (yr)...A&O Det & Chic ext 1st g 5s *41. J&J f 1st Par (guar) 25 (guar)—.100 Stocks Camden & Burl Co Deb mtge 6s series B 1939. J&J f 1st lien term gold 4s 1954.J&J f Ref & gen 5%b 1975 A—JM&S Equipment Equipment Ask 50 12 40 60 71 137 111% 1% 3% 5tM 30 50 AX 50 6% % 2% 40 50 70 30 38 /This Includes accrued Interest, it Last sale, n Nominal, Investing Companies Stocks and bond prices NOTICE—All are Stocks and Bonds Bid Par Ask Per preferred— Convertible 13.42 4.38 1% % Shares 47 |3 preferred. 15.50 prior pref ■' Class A opt Class B 13 Pref allot ctf 25% 1st pref..* Gleneagles Invest 5s June 15 1944 fV 60 25% Aviation shares 8 1% 41% 17.06 12 44c 24.86 26.59 14% 15% 90 93 4.25 ll% 3.90 8% 1% 8, 36'k 40 70 72 1 , 7% 86 32 35 5 234 % 14% 13* 10 6% 5 5X 22.7© 6% 24.49 si* 2% 33% 1810 1850 129 131 62 48 .......-1 100 10 7% cum preferred 100 * Deposited Bank Shs N Y ser A..1 Deposited Insur Shs. ser A—..1 Series B 1 Diversified Trustee Shares O shares 1 D shares 2.50 Dividend Shares 25c Cumulative Trust Shares 3c 8% 4% 6 Seaboard 40 42 — Elec Shareholdings Corp com...1 warr—....* 1.00 60c 1 4% ♦ Hydro F.lec Sec com Illuminating & Power Securities— 1st 95 92 100 preferred 17.66 18.99 2.45 2.55 1.08 1.19 x.33 * Investors— 1.47 Independence Trust Shares— Institutional Securities Ltd— Bank Group shares Insurance Group Shares - war.-J&J / Co of Delaware--1 Insuranshares (Md) ctfs Inc—1 International Holdings & Inv„. Ihterstate Equity common 1 $3 convertible pref A..... Investment Bond & Share—_ 5s series A 1947 J&D 1% % 20 2.55 Investors Fund of Amer Series 2.90 Cl 10.80 11.53 1 Royalty 25'" 22 25 Preferred Keystone Custodian Fund— 22.42 14.44 B-2 Series B-3 28.28 24.57 15.92 16.03 25.84 Series B-l ............... Series Iv-1 Series 8-4 1% ...10 Larkins Warr Trust 12.53 2 Lawyers Mtge Inv (Boston) 1st 5 %s series B 1940-.---M&S / Manufacturers Finance (Bait) S f coll 4 %s series A 1942.A&O 5 92 6 22.43 11.67 12.75 National Investors—...—.. Maryland Fund Inc Massachusetts Investors New common 45% 5.96 1 conv 25 1st 32" 30 110 4.73 2d preferred 100 ... 6% 3.27 1.33 13.12 % % ■r ---.—100 preferred 50 2.45 Nat Trust Shares 2.73 York Stocks, Inc.— Agricultural 8.07 8.72 Bank stocks Building supplies Electrical equipment.. 8.01 3.70 Insurance 9.45 6.35 Machinery 1.40 Metals Oils Railroad equipment Steel stocks.. 25 17.40 18.69 101% 2% 74% 103% 2% 8.81 9.63 - 7.49 7.76 Niagara Share Oorp (Md)~ Oonv deb 5%s 1950—-—M&N 5 Glass B common....... 80 ) 8.42 ............... Flat price. Class A preferred * Last sale 100 k n Nominal. 4.18 1 "fx 77 9% 77% 10% 9 deb 70 71c % % 15.43 3.12 % 12 77% 50c 76% 32 3.17 2.15 3.31 2.15 5.86 5.86 10.88 26% 4% 86% 27 108% 110 4% 88 1% . 1953 65 112% . J&J 65c 59c 1.08 1.25 97c 1.15 2.46 2.40 6.36 a;5.93 47 41 4 4% 98 "2% 2 1% United N Y Trust Shares ser F— 8.41 Aviation 1.28 1 * Class D ...—1 Trustee Standard Oil shares A..1 Series B ......1 1.46 Underwriters Group— 14.11 Dividend Royalty Trust % Union Investment common.. ... 1% Conv deb 5s 1946 M&S % United N Y Bank Shares 03—9.24 2.76 5.70 2% 10.27 10.01 .... 1% 6% 8.54 3.08 15 conv 1 -.3 ........3 3.37 7.77 7.63 ................ ............... Trusteed Amer Bank Shares B 25c Trusteed Industry Shares—..25c Trustee N Y Bank Shares 50c Trustee Stand Invest ser C.....1 New 1.49 .......—- M&S Warrants 58 Nat Republic 23 115 M&S 1952 Tri-Contlnental Corp 6% cum preferred 17% 5.60 Invest Trust— pref stamped .—....* Remodlfled—1 Nation Wide Securities Co...25c Voting shares New England Fund —1 New York Investors common—* 1942 Supervised Shares... Third National Investors 86 2.25 — —. 16 1% 9".42 9% 1 Class D 5% 100 75 ... 1 Class O Corp 5 Mar Class BB ^ Marine Midland 49 Solvay Amer Corp 5 % % prf—100 Sovereign Invest. Inc., com..10c Spanish & Gen Corp Ltd— Am dep rets ord reg £1 Amer dep rets ord bearer...£1 Spencer Trask Fund Inc * Standard Amer Trust Shares—.1 Standard Investing Corp com..* $5.50 preferred w w * Deb 5%s 1939 F&A 15 Standard Utilities Inc ...50c State St Investment Corp—.—* Suburban Elec. Securities $4 cum 2d preferred —* Super Corp of Amer class A—2 Class AA..................1 Class B ...........-.2 20 10 49 95 March 5s 17% Investors Fund of America <!!* Shawmut Bank Inv Trust— 4%s 50 35% 74% Allotment certificates Shawmut Association . 10 Investment Co of Amer 2% 1% 12% * Convertible stock 4% 60c 1 Com.. com % 5% 1% 35* 40c .... 7 57 20* Securities Corp General com...* $6 preferred * Selected Amer Shares Inc——2% Selected Income Shares........! 4% 10% 35c 55 50 3% 6% 21.14 2.27 10 32c 10 , % a!&A / Trust—1 Mutual Investment Trust 10 National Bond & Invest com—_* 5% preferred ser A w w 100 Nat Bond & Share Corp..._—. 8% 25* $5.50 prior stock Insur ana hares Series — 7 July $5 convpreferred ...1 Securities Co of New Jersey— 6s series 4 Nov 1942 v Deb g 5s Jan 1949Deb g 6s 1940 B with Investors 5% preferred- Second Carey Trust Second Nat Inv Corp Selected Industries Insull Utility Invest— _.10c 2.27 Ex-coupons 5% 6.18 Howard Management Economic Inv Tr Ltd 5sA\57M&N 1948 A Holding Corp— Debenture 5s series Huron 5.64 2.32 Domestic & Foreign ln5%s47F&A E&s Util In vest Deb 5s 1954 M&S 16 5 102 10% $6 preferred * Royalties Management A-..---1 Schoellkopf Hutton and Pomeroy Inc common..... 10c 10c 22 — $ % 5% 1% 25" —— No par value 1.13 % 4% % 11.88 103 1 1.28 1.03 15.45 10.85 98 * 1.17 5.80 1 14.40 Representative Trust Shares—-10 Republic Investors Fund 25c Reynolds Invest 5s 1948 A&O Commercial ""% X u Tobacco Shares $6 1st preferred $3 2nd preferred $7 preferred 7% 92 9 Fund-. Common stock 52c" 7 * Preferred 23H 46c 10c _* Steel Shares 16.08 23% 31 29% 3% Mar. 8 (modified)—.......... 89c 81c Equipment Shares— 5.18 2.73 Crum & Foreter Inc com....-.10 * Petroleum Shares 1.23 k 20% Quarterly Income Shares 10c 5% deb series A 1942 M&N Railway & Light Securities com. * Conv coll 4 %s ser "11 '"55 A&O Railway & Util Invest A 1 3%% preferred. * Reliance Internat Corp com A 10c 1.44 1.13 14.54 1% 24% 1* 1 1.08 1.32 Series S-2.. 105 3.79 3.54 AA $6 conv pref with Investing shares —— Merchandising Shares...—Mining Shares ....—— 90c 1.18 Series K-2 101% 103% 53% 115% 53 Shares com... Fund A-1-. 92c 14.63 11.28 105 106% 104% 6% preferred ...100 Corp Secure 5%s tfs 1935..M&SI f Corporate Trust shares old ser—1 1.27 48% 43 102% 10134 10334 fc 1.44 — 1.31 1.57 1.38 (Geo) 15% 28"" P Pub Util Investing 5s 1948.A&0 Pub Util Sec 7% preferred.—.* 1.26 1.03 47 49 * .100 Debenture 5s May 1 1942-.-. r Eaton & 1% 7% 80 5% preferred Accumulative series 77 76 1 3% 82c Incorporated com. 1.20 Guardian Investors com.—.... 1 29c Continental Secur Corp com 8% preferred Crum & Foreter Insurah B 7.65 ,1% * Prudential Investors 84c Railroad 40 34 15.yo ..... (modified). 6H 3.44 Commonwealth Investment 1 Commonwealth 8ecurs common. 1 AGO 2» 4 * J&J 1.15 Chemical Shares——...— * * $6 preferred 94c Building Shares A 64 13 93 * ...__* 10 25 100 Pittsburgh United Corp 7% conv preferredPlymouth Fund Inc Food Shares 7.55 Commercial Invest Trust AA 97% 6% 15 10 1% Putnam Automobile Shares 84 1.82 100 1943.J&J 5 ...... 90 1 100 A&O Corp 4%s 1959 34 4 %% conv preferred 100 3% % debentures 1951 A&O 2%% debentures 1942—.J&D Continental ment Group Securities. Inc— Agricultural Shares 14 in * Class B Phoenix Sec Corp $3 conv pref class 17 68% 2% 82 —* Colony Trust Assoc 26 24 , 82 Pacific Southern Invest pref Class A Great Brit & Canada Invest¬ Greenland Trust 4o 1 Invest Trust 5 8 4 Consolidated $6 pref (with warrants) 14 100 Preferred 1% 22% 21% Investors Trust Gen'l Realty & Utilities com 6* 3% Com—* 65 German Credit & Investment— 96% 5% 7% preferred ..100 Conv preferred 100 Conv pref series of 1929 100 6% cum preferred 100 Century Shares-Trust....—..-* Chicago Corporation .._—.* Convertible preferred * 5%s 1951 1 * 65c General 81 Cent Invest Corp 4-6s *57-.A&O Central Nat Corp class A * Class B * Debenture 1 35 ... preferred 5% 1 Deb 5s April 1 1948 A&O Pacific Finance Corp (Calif) 10 Pacific Investing Deb 5s 1948 J&J 3«4 32 103 1 Overseas Securities Co— 5.30 28 2.35 7 96' Debenture 4%s Feb 1 1947—_ Debenture 4%s Dec 15 1952 75 4.87 2.66 M&N Old Colony Invest Trust % *32 82 Capital Administration cl A 1 Class B ——* $3 cum pref series A 10 Carey Trust * Cent-Illinois Securities Corp—1 $1.50 conv preferred —_* conv 33.43 % 1 45 31 A&O Ltd—1 Canadian Pow & Pap Invest Ltd— Deb 5s series A 1958 F&A $4.25 104 31.09 Warrants 2y 5s series A 1959— Canadian invest. Fund. Cleve Securities 4-6s to Commercial Credit common 103% $6 preferred 27 % 1 com... 96 $6 preferred w w --* Deb 5s Feb 1 1952 without warr 24 Canadian Internat Inv Trust— Securities Investors— 2.70 Oklahoma County Trust 10 Oklahoma Southern Trust.....10 Old 8% 98% 19% 4% * Deb 6%s w w 1944 Industries com 5.63 8 General Capital Corp General Investment Corp 40 2.21 * 1 1 1 Oils & 18.73 4.93 57c British Type Investors——1 Broad St. Invest Co Inc.. 6 Preferred 29 31 Boston Fund Inc Central States Elec Corp.. 30% 29% 30 17.32 28 6% preferred .———50 Basic industry Shares 10 Blue Ridge Corp common.. 1 $3 conv preferred ..100 City Investing Co 2% Ik* Preferred 5% 26% new Christiana American General 10 4.35 4.05 -.2 * 98 Bankers Securities Corp com—50 , Class B__ "3" 7.70 Fundamental Trust Shares Inc— 9s 10c preferred $2 % preferred $3 preferred Amer General Equities Ins.—25c Amer ex Holding Corp —-—* Amer Insuranstocks Corp...—.* Amer Investment (111)—..——* -7% preferred.. -—25 8% preferred —-—25 Associates Investment Co * 5% preferred w w —..100 5% preferred ex-warr .100 10-year deb 3s 1946——J&D Associated Stand. Oil Shs...-.-2 Atlantic Secur 4%s A 1953. A&O Atlas Corporation common 5 6% preferred ...50 Option warrants. Bancamerlca-Blalr Corp 1 Bankers Nat Investing com —• Bullock Fund Ltd...... Class A 28 33 33 Northwest Bancorporation.. — * Ohio Finance conv 5s 1951.-F&A Investors— Inc 90 100 100 North American Trust Shares— 1953 50 A--1 J&D 1958 7.10 1 29 2% 82 Boston Personal Prop Trust 20 ser Investors 1956 % .... 6 com-100 6% preferred 5%% preferred 2.80 1 2 70 . ~l% 5 American General Corp Class A National 24M 26 A—_ J&J —M&N 2.42 9.34 7.40 Common ex-warrants 60 1 10c A—-10 Ask share H 52 North American Bona Trust Ctfs 2.71 Common with warrants Fundamental 26 American European Secur...—.* - Fourth 20% Amer Elec Sec partlc pref-._-.-l 5s series B 1958 3.86 7 % 25 2.45 Bid Par Per North Amer Invest Corp Collateral 4s 1951 20% Foreign Bond Associates Inc.-10c Foreign Power Secur Corp— 1st coll tr conv 6s A 1949 --J&D Foundation Trust Shares 95 3% American & Continental Corp... Coll tr s f 5s 1958 ser Fixed Trust Shares series Series B %» ^ 21 3.50 -* div ser w w 52 93% 25 Lt cl A ^ IA, /\S o Stocks ana Bonds Normandie Nat Sec pref 20.88 18% 10c Insurance stock series 10c Amer Cities Pr & i? o 0X2 19.39 Corp.....——..10 Bank stock series 2 1% */* Feb. 7 —..10c Class B 50 49 .-.-.new - Corp A "••ret Boston Fiscal Fund, Inc.— (Mass)— Deb 4 %s with com shs 1967— Aldred Investment Corp (Can)— Deb 4 %s with com shs 1968... Alliance Investment com * Allied Int Investing Corp com..* $3 convertible preferred-* Amer British & Cont Com --* S6 preferred ---* Deb g 5s 1953 F&A Business % 31% ... 18 Aldred Invest Trust Amer Capital 29.76 % 28% —— 1% share 27.97 Equitable Invest Tr (Mass) 6 faulty Corp common.. ..10c $3 «onv preferred 1 Equity Shares 1 Fidelity Fund. Inc * 97 Warrants Amer Bid Par share -- Ask Per 3.96 date of Issue closing day of the month preceding the Stocks and Bonds 12.61 Administered Fund 2d inc—---* Affiliated Fund com...—— 1.25 Sec conv deb 5s 1944-47—J&J Air Investors Inc v t c— * and income and defaulted bonds. "and interest" except where marked Quotations for all securities are as near as possible for the Bonds 92% 6% 80 t 8.26 1 US Banking Corp. — U 8 Elec Light & Pow tr ctf A.. Trust ctfs series B —.... 35c 65c 13% 14% Voting shares U S & Foreign Securities com—* $6 1st oreferred ..'._.* 9.11 U. S. & International Sec......* 9.53 1st pref with warrants......* 10.41 Utility Equities Corp..—.....5 8.11 Conv preferred ——7 8.40 Utility & Industrial Corp....-.5 Convertible preferred— 7 93% Wellington Fund .....1 6% Western Reserve Investing—■ July 1 Deb 5%s 1944 F&A Wisconsin Bankshares—.... 8.67 10.22 Ex-dlvideno. y Ex-stock dividend. a; 1.72 l'.OO 91c 8% sf 80 60* 4* 60% 4*6* i 13.20 if 14.4: 101 4! 4% Utilities Public (Includes street and electric railways, gas, NOTICE—All bond price* ore electric power, water, telegraph, telephone and bridge companies.) "and interest" except Quotations for all securities are as near as possible Bid Bonds Adriatic Electric Co Extlsf 7s 1952 1st & ref 5s 1951.. lst&ref 5s 1956 1st & ref 4Ks 1967 J&J ...M&N 93 88 % 82% 89)6 97% .98% 10 84 F&A M&N 5%s Certificates of deposit 1953 . Amer Elec Pow deb 6s '57 M&S15 Amer & Foreign Power Co— Debg 5s 2030..P....... . M&S Amer • 6 15 Amer Rys Corp coll 4)48 "53.A&0 Debenture 4%s 1963 A&O Amer States Public fterv— 1st 1 5%s 1948 ser A.....M&N Deb 6s 1938 J&D % % % : M&N A&O 30-year deb 3%s 1966 American Toll Bridge— J&D 60% Atlantic City Sewerage— 1st s f 6s ser A 1956 --J&D 106 Atlantic Co Wat 5s '58 ser A M&S 102 ----A&O 10 M&N 106 1st 5s 1946. Baltimore Transit Co— Deb . Baton Rouge Electric 1st mtge 5)6s 1954 45 45 89% 55% 1st M 58 1959 ser 8% 112 % 103)6 102)6 112)6 103)6 103 102)6 103)6 70 Bergen Turnpike 5s 1951 61 Androscoggin W Pow 6s '45-F&A Appalachian Elec Power— 1st mtge 4s 1963 ..F&A 8 f deb 4)4s 1948 .—F&A Appalachian Power 6s 2024--J&J Ardmore St Ry—See Phila Co 36 39 90 A&O J&J A&O 88 92 38)6 40 40 43 Assoc Elect 4%s 100 97 102 99 5 78 '39 J&J 1953 87)6 97 % 90 92 48)6 43% F&A 38 M&N F&A .J&J 30 M&S 30 33 A&O Conv deb 4 %s 1949 Conv deb 4 4s 1948 Cons ref deb 5b 1968 30)6 31 Cons ref deb 4 Ha 1958 _M&N Conv invest ctfs 5%s '38.M&N . 8 fine deb 5)48 A 1983 J line deb 5s B 1983 I line deb 4 Ha O 1983 F&A M&S .M&S J line deb 4s D 1983-.A-.M&S t line deb 5 %-6 Ha A 1986 F&A f line deb 5-6s B 1986.. .M&S t line deb 4 %-5 Hb O '86.M&N 1 line deb 4-5s D 1986—.M&S Conv A 5s 2002 Q-F Conv A 6s 2002 Q-M Conv A 7s 2002 ww 98)6 101 J&J Conv deb 5 %s 1977 Conv deb 5s 1965 Conv deb 5s 1950 8-year 8% 88 % 101% 5s Jan 1 1961 a J&J Associated Gas & Elec Co— Associated Gas & 103" 78 J&J w Q-F 40 31% 29% 32)6 29)6 28 32 93 94)6 26 25 24 23 29 27 28)6 26)6 25 24 5)6 6 6% "6)6 6% 7)6 Elec Corp— M&S 8s ex-warrants 1940 Conv deb 5 Ha 1973 88 89 M&S 1940 102 68 F&A 4s series C 1956 88 89 F&A M&N Bleecker St&FulFy-See NY Rys Bloomington Dec & Champagne 1st & ref 5s 1940 M&N Bolivian Power 8s ser A *45.A&O Boston Elevated Ry— Deb g 4Ha Nov 1, 1941-.M&N Deb g 5s Dec 1942 J&D West End St 5s 1944 M&S 7s Sept 1947 M&S Brandenburg (Germany) El Pr— M & coll tr 4s ser C *65 65 Associated Telep Co Ltd— 1st M 4s series B1965 J&J Associated Telep & Teleg CoDeb 5%s 1955 ser A M&N Assoc Telep Util deb 5s 1942A&O Certificates of deposit Conv deb 6s 1941 Certificates of deposit ..M&S , 105 65 % 55 106 76)6 31)6 31)6 29 32 2-yr 6% notes 1933 A&O Certificates of deposit Athens (Ga) Ry & Electric— 1st & ref s f g 5s 1950 J&J Atl Cons St RR—See Ga Ry & El Atlanta Gas L 5s g 1947 J&D Gen mtge 4Mb 1955 ..M&S 110 v 35 32 110 86% 87% Central N Y Power Corp— Gen mtge 3)6s 1962 W* 90 71 Cent Ohio L & P 1st 5s 1950. A&O J&J 104% 101 106 107)6 100 -J&D 103 5%s '49 ......-F&A (ws)inc5 Ha. 1952 2 1st 6 Ha series B 1951 104% 101% Cent Pud Serv 109 100)6 Conv deb Central States Edison, Inc—_ 1st coll inc 3-5s 1950 M&S 99% 106 107% iS§* io5% Central States Elec Corp— Conv deb 5s 1948.. 107 109 Deb 5%s 1954 M&S 15 Cent States Pow & Lt Corp— 1st M & 1st lien 5Ha 1953.J&J J&J 108 Debenture J&J 1944 5s 63 35% 35% 36% 35% 54% 54% 38% 36% Cent Telep (Del) 6s 1938—-M&N Cent Vermont Public Serv Corp 21% 116 1st mtge 3 Ha ser B 1966--F&A Charleston Cons Ry Gas & El 100% 3 13 Consol gold 58 1 999 —M&S 101% 102% 100 Charleston Transit Co— 106% 83 M&S Gen & adj 5s 102 54 40 M&S 73 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 106% 60 M&S 1942 82 85 70 73 107% Chester Water Service Co— & 88 69 M&S 104% J&J 1st 4%s 1958 series A Chic Aurora & 3% Elgin RR— 1st & ref 6s 1951 70 70 64 69" 64 68 63 63 63 1st 6s series B 1961 37% 1st & ref 5Ha 1956 106% 104 106% 105% 4 3 A&O 3% 3% Chicago Railways Co— 1st 5s 1927 stpd as to 25% pt red and pay Aug 1, 1933.-F&A 95 Certificates Cons M 5s !!* ser or deposit A Feb '27.-A&O 107 Buff Gen Elec 1st ref 5s 1939. J&J 102 F&A 110 102% 110% M3%sser O '67.J&D 2s deb A 1939-1942 J&D 3s deb B 1943-1947 .J&D 3 Ha deb O 1948-1952 J&D Buff & Niag Falls El L & Power— 1st gold 5s 1942 F&A 108 Certificates of deposit 99% 87 Adjust deb 6s July, 1963..J&J Certificate of deposit 75 1 45 57 45% 7% 3% 46% 8% 4% ' 4% 4% 4% 4% % % .J&J / 6 106 .J&D 5 5 :■■■■ 5 5 % % v 6% Cincinnati Gas & Electric— .F&A .J&D 101 101 ; Cin Newport & Cov L & Tlst ref 6s 1947 series A_. 100 .... 5%s ser A 1952 1st 6s 1955 ser B_. 99% 98 106% 109% 107 ~ J&J 92% 95% .A&O 75 76% A&O 75 79 Cincinnati Street Ry— 1st See International Ry 113 Burlington (Vt) G L 5s 1955..J&J Butler Water 5s 1957 A 104% A&O Butte El & P 1st s f 5s 1951.-J&D 111% Cairo Bridge 1st inc 6 Ha '58. J&J / 47% 98% Calgary Power 1st 5s 1960--A&O 96 1st a f 5s 1964 J&D 6 40% 3 106% 98% 86% 74% 109 „ 3% J&J Certificates of deposit.. 1st & ref 6s 1953 ser A J&J 77 40 J&J 1st mtge gold 5s 1936 1st & ref 6s 1955 ser A 38 35 M&S M&N 4 5% Chic North Shore & Milw RR— Series B Feb, 1927 J&D Chicago Rapid Transit Co— 1st & ref 6%s 1944 J&J Nominal. 2%' 60 1 82 n / Cent States Utilities 6s 1938-J&J 123 1st 5s 1942. 48 4^ 2% ' Coll trust 5s notes 1942 105% 95% . 107% 101 84" Corp— 32 k Last sale, 80% 94% Cent Public Util. 93 105% 99% 97 sec 80 J&D 105% 98% A&O 4 Ha 1940 J&D Cent Pow 1st 5s 1957, ser D.J&J Cent Pow & Lt 1st 5s 1956.-F&A Conv Buffalo Traction— 105 45 30% /This price includes accrued interest, 1939 Gen &ref 29 Conv deb 5 %a 1944 ser C.M&N Certificates of deposit b Basis. 5s Brooklyn Queens Co & Sub— 1st m g 5s 1941 (stpd) J&J 1st con 5s July '41 (stp)._M&N Bklyn Un Elev 5s 1950. F&A Kings Co El 1st 4s 1949...F&A Nassau Elec 1st g 4s 1951.-J&J Bklyn Un Elev—See BklynQueens Bklyn Un Gas lstcons5sg'45M&N 1st lien & ref 6s '47ser A..M&N 1st I ien & ref 5s ser B 1957 M&N Deb 5s 1950. 75 35 Gen & ref 4 Ha 1981 Buffalo Niagara Electric— 70 50 99 .....J&J Pow - 67 67 67 27)6 24)6 24)6 64)6 & f 6s 1940 63 27 M&N 101 s 63 A&O M&N -M&S M&N 1st 3Ha 1949.-M&N 30 % > Mexico Lt Cent 3%s 1950..M&N Coll trust series 3 Ha 1951 .M&N Brooklyn City & Newtown RR— 49 Income debs w w 5s 1956.M&N 28% 105% 105% 98 67 30 23)6 27 97% '66-F&A 1st & gen M 3 Ha ser H ,;l 63 47 Deb 68 series A 1958 27% Chic Dist Elec Generating— 1st M 4Ha 1970. F&A Associated Pub Utilities Corp— 1st lien 5s 1947 ser A ...J&J 104% 104% 67 M&S 86 93 101 67 Income dob 4%s 1978 Income dob 4s 1978... 99 91 Telep 5%a A 1947-J&J 63 ser 98% 103% 85 J&J A 65* ser 24 ser 63 Coll trust 105 Power Go— Central Indiana Chicago City & Connecting Ry Coll tr s f g 5s Jan 1, 1927-A&O Chicago City Ry— 1st 5s (15% paid) 1927—F&A Coll trust Income deb 4s 1961 71 98% Cent Maine Pr 5s '39 op '19.M&N 1st & gen 4s ser G 1960 A&O 80 56" Assoc General Utilities— 102% 1st & ref 4%s 1981 ser H-.J&D Cent Indiana Gas 5s 1957 M&S 103 Central Kansas Pr 6s 1946..M&S 106 49 104% 98% E—M&N 1st mtge 4%s 1967 ser F..J&D 1st & ref 5s 1968 ser G.—M&N Cent Iowa 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 Ha 1966 M&N Bklyn-Manhattan Transit Corp Coll trust 4)68 1966... M&N Coll trust 3s 1939 ...M&N Coll trust 38 1940 ..M&N Coll trust 3s 1941 M&N Coll tr series 3Ha 1942...M&N Coll trust ser 356s 1943..M&N Coll trust ser 3)68 1944..M&N Coll trust ser 3%s 1945. _M&N Col trust ser 3%s 1946.-M&N Coll trust ser 3%s 1947..M&N Coll trust ser 3)68 1948..M&N 55 Income deb 3%s 1978 Income dob 3%s 1978 ser 129% 28 1st 4%s series B 1961-—-J&D Broad River Power Co— 48 101% 103 108% 29 100 J&D 1973 101 F&A J&D '66.-A&O 41 fnlH A 110 109 H 27% 26% 26% Extl 1st s f 6s 1953 M&N Bridgeport Gas Lt 4s 1952.-J&J ser 25 36 Brith Colum Pow 4 Ha 1960.M&S British Colum Tel 5s 1960 J&D 1st & ref 5s 1954 72 71 Central Illinois Public Service— 123% Ul8 1st & ref 6s 1947 A&O / Birmingham Elec 4)6s 1968-M&S Birmingham Gas 1st 5s '59-M&N 6% notes extended 1938.-A&O Birmingham Water Works Co— 1st m 5 Ha 1954 ser A A&O 1st m 5s 1954 ser B J&D 1st mtge 5s 1957 ser C F&A J&D 5s 1st & ref 6s 1952 Cent Illinois Light 3%s 1st & ref 5s 1956 ..J&D 1st mtge s f 6 Ha 1956 BIddeford & Saco Water— Conv deb 4Kb 1973 Conv deb 4s 1973 Conv deb lly< 85% ior~ Cent Ills Elec & Gas Co— 121% 1951--J&D / 1959-F&A / Apr 1,1955 -A&O / Blackstone Val G & E 5s '39.J&A 102)6 20 Ashl'd Home Tel 4 %s A 1961 A&O Ashtabula Wat Wks 5s 1958.A&0 Deb 6s 116 86 ....M&N Ark West Gas 1st 5s w 102)6 J&J Corp 5s series A 1957.....J&J Arkansas P & L 1st 5s 1956-A&O 104% Berlin Elec Elev & Underg Rys— 106 % 100 75 H 97 114% 105 J&J Central Gas & Elec 6s 1946.M&S First lien coll tr 5 Ha *46.-J&D Central German Pow 6s '34. J&D Cent Hud Gas & Elec Corp— lst&ref 5s 1941.— J&D 1 st & ref 3 Ha 1965 M&S 100 117% 128% Berlin City Elect 6 Ha Sink fund deb 6 Ha 84 H F&A A ser 71 9354 114% Cent El & Tel 1st 5s scr A '55 lst&ref 5s 1951 A&O J&J 1st mtge 5s 1958 42 Deb 6%s 1935 1st s f 7s 1953.... 1st & coll tr 581948 86 100 103% 65 Central Elec of N J 5s 1940-J&J 120 J&J 1st & ref 5s 1960 ser O A&O Bellows Falls Hydro-Elec Corp—- 85 H 98 Cedar Rap Mfg & P 5s *53—-J&J Cent Ark Pub Serv Corp— 113 1st & ref 5s 1948 ser B 93 106)6 101)6 115)6 1951 „ 1955 ser A M&S 1957 ser B -J&D 1st mtge 5s 1960 ser C M&N Bell Telep Co of Pennsylvania— 59 F&A 106% 105% 96% 3 6Ha Capital Traction (Wash, D C)— 1st g 5s June 1, 1947 J&D Carolina P & L 1st 5s 1956.-A&O 83" 105 1st g 5s 1st g 5s 40 lst&ref 4)48 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 92" 105 Beaver Valley Water 5s '60.M&N Bell Telephone of Canada— M&S Arizona Power 5b 1950 102 ^ 62 80 —J&D 101 Androscoggin & Kennebec Ry— Arizona Ed 1st 5s 1948 1st 6s 1945 Income 5s 1960 Income 6s 1960 M&S Term Canadian utilities Ltd— 1st mtge 5s ser A 1955 18 109% - B—-—F&A 99 104% M&S 21% Canadian West Telep 5 Ha '56J&J Cape & Vine'd El 4s A '65—J&J Bear Mt Hud Riv Bdge Co— 103 1st 7s 1953 A&O S f income 8s 1953 -A&O / 48 Bear Val Mut Water 5s 1951. J&J 92 53 105 104 H 104 H J&J 50 103 f 90 Beauharnois Power Corp— Coll trust s f 5s 1973 A&O / Beaver Valley Trac 5s 1950.A&O / 78 100% 103 H 80 Co— Berkshire Street Ry— 1st extend 6s 1947 , Canadian L & P 5s '49 op '14 Canadian Rail & Harbor— . 67 1940 12 100 1975——-J&J 41 99 % 1st 4)6s I960 A&O Camden & Sub Ry—See P S Corp Canada Nor Pow coll 5s '53. M&N • Bangor Gas Light 5s 1941—-A&O 17" Bangor Hydro Electric— 1st mtge 3%s 1966—- - J&J 60% Bars tow (W S) deb 6s 1942--A&O 109 94 104% Camden & Rockland Water— 103 4l. 1975-—-—J&J / 13 99 96 93 103 H Telephone— 1st mtge 5s 1965_. M&S Calumet G & E 5)6b B I960.J&J Calumet & South Chicago Ry— 1st (35% prin paid) 1927 F&A Deb 58 series A Deb 58 series B 47 Amer Util Service 6s 1964--M&N Amer Water Works & Electric— Deb 6s 1975 ser A M&N 1st 6s Calif Water & 100% 77% 67% 17% 20% 100 J&D Ana&Pot R RR-See WashRy&El Anchorage Lt & Pow 7-5s'43 F&A J&J 1975--—i—J&J / 45% 88% 54% 5%s ser A, B & C 1938...F&A 6%s series D, 1945. F&A Deb 5s 1975 ser B 100% 76% 4s series A . Amer Telep & Teleg— y Deb 5 Ks Nov 1 1943 25-year deb3%s 1961 J&J \tlantic City Gas 5s 1960 1st lien & ref 5s 1957 - Fuel & Pow 7s 1934 J&J / 11% Amer G & E deb 5s 2028 M&N 108% Am Gas & Pow deb 3-5s *53.F&A 43 Secured deb 3.60-68 1953..J&D Am Pow & L deb 6s 2016...M&S _ — % % % M&S 101 Avalon Telep Ltd 4 Ha '58.-A&O Baltimore County Water & Elec 74 Amarillo Gas 6s 1939 Amer Commonwealths Power— Deb g 6s 1952 ser A California-Oregon Power— Deb gold 5Ha 1942——A&O 1st mtge 4s 1966 A&O Calif Water Serv 4s B 1961.M&N 104% Atlantic City Electric— Gen mtge 3)6s 1964..——J&J 1st 5s 1941 70 1st coll 4s Jan 1 1954...-J&J Deb g 5%s 1953 Conv deb 6s 1940 Am Community Power— Bridire6%s Vtl Beach Ask Bid Bonds Ask Augusta Ry & El 1st 5s 1940 J&D Aurora Elgin & Chicago Elec Ry 92 % 82 J&D lst&ref 5s 1968 M&S Alabama Water Service Co— 1st M 5s 1957 ser A J&J Allegheny Gas Corp 6 %s ctfs '43 Alliance Power 1st os 1952. .M&S Altoona & Logan Val Elec Ry— . 99)6 99)6 99% 91* & El J&J 1942..F&A Vtlanta Nor Ry—See Ga Ry Ulanta Wat El & Pr 5s 1943 70 99 % Bid Bonds Ask (Italy)— A&C Ala Gas Co 1st M 4%s 1951-F&A Alabama Power 1st os 1946-M&S where marked "f" and income and defaulted bond* for the closing day of the month preceding the date of issue m PUBLIC 74 NOTICE—All '< bond prices are Bid Bonds Deb g 5s 1963 M&N Deb 5s 1969 M&S Conv deb 5s 1950 J&D Olties Service Gas Co— 1st M pipe line 5 Ms 1942-M&N Olties Service Gas Pipe Line Co— 1st M 6s 1943 J&J Olties Service Power & Light— Ask 68 70 M&N J&D Deb 5 Ms 1952 Deb 5Ms 1949 63 M 65M It* ggg 64 M 65 Independent Telephone 1st mtges f 4 Ms ser A '61--J&J 101 101M 102 M 103 Citizens Utilities Co— Income notes 3s 1955 63 M 62 M 63 H 102 M P&A 32 33M 1st coll 4-5 Ms 1948A&O CUtizens Water (Scottdale)— 47 50 1st 58 series A 1953 J&J Citizens Water (Washington, Pa) 5 Ms series A 1951 J&J 5s series B 1951 J&J Olty Gas & Elec 1st 6 Ms '51.J&J City Light & Traction (Sedalia, Mo) 1st s f 5s 1952 J&D Olty & Sub PS—See Un Rys of St L City & Sub Ry—See Wash Ry & El Olty of New Castle Water— 5s 1941 J&D Olty Water (Chattanooga)— 1st M 5s 1954 series B J&D 1st M 5s 1957 series O—M&N Olarksbury-Columbus Short Route Bdge 6 Ms '52. J&D Clear Springs Water Serv— 1st 5s ser A 1958 M&S Cleveland Elec Ilium— Gen mtge 3 Ha July 1, '65-J&J Cleveland Ry 1st 5s A 1945-M&S Oleve Southw Ry & Light— Gen & con 5s 1954 M&S / Ooast Cos Gas & Elec— 51 55 103 M 102 69 72 101 105 50 95 108 M 102 109 M 4 96 M 93 81* 95 95 106 Non-cum inc deb 6s (w s) 1948 Non-cum inc deb 6s (x s) 1948 Commonwealth Lt & Power— Ref & unif 7s 1962 J&J Oom'w'lth Tel (Pa) 5Ha '45 M&N Oom'w'lth Tel(Wis)4s serA 1M&S Community Power & Light Co— Col M 5s 1957 M&S Community Pub Ser 5s 1960-J&J Community Teleph 5s Jan 1 1949 / Community Water Service Co— 110M 110M 108 M 107 M 104M 105 M 113M J&D A Deb g 5Hb 1946 ser B—M&S Oonestoga Trac 1st 4s 1950--J&J Coney Isl & Bklyn cons 4s '48 J&J Connecticut Light & Power— 108 H 111 110M 108 M 108 105 106 f 7s '51 ser A--M&N 1st & ref M 3Ha ser F '66-M&S 1st & ref M 3 Ha ser G '66-J&D 25-year deb 3 Ms 1956—M&S Conn Ltg & Pow 5s 1939-_-J&J Connecticut Power— _ 1st & coll trust 5s 1956—J&J 65 Duquesne Gas 101 ,75 M 101M 66 68 63 65 it* 39M 129 M 110 106 107 105M 101M 106 M 124 Stamped guaranteed opt--J&J 101H 126 107 1962 stamped.-J&J Oonsol Edison Co of N Y— Debenture 3 Mb 1946 A&O Debenture 3 Ms 1948 A&O Debenture 3Ms 1956 A&O 20-year 3Ms debs 1958—J&J Consol Electric & Gas Coll 6s ser A Aug 1 1962--M&N 6s series B 1962 _ F&A Collateral 6s 1957- F&A Oonsol Gas of Bait 5s 1939—J&J Gen g 4 Ms Apr 1954 A&O Oonsol Gas Elec Lt & P (Bait)— Ref mtge s f 3 Ms 1971— J&D Oonsol Gas Utilities Co— 6s unstamped 1943 6s stamped 1943 ser A.-J&D 107 79 M 104 H 104 M 104M 104M 102 104 101 % 101M 41 41 42 103 M 123 M 42 43 43 M 63 M A&O 1st mtge 3 Mb 1967 1st mtge 3 Ms 1970 _ M&N M&N M&N M&N 1st mtge 3 Ms 1966 M&N J&J 10 15 76 77 jl09 Federated Utilities Inc— 1st lien col tr 5 Ms 1957—M&S 70 71 90 H 87 91H 86 87 M 108M 108M 45 45 iVs * & coll tr 4s A 1956.M&S 1st mtge coll tr 7s 1958 J&J / Adjt 6s due July 1958 A&O / Eastern Minn Pow 5Ms 1951 M&S & Power— M&S 5Ms series A 1951— 5s series B 1953 J&J Eastern Shore Pub Service Co 5Ms 1947ser A M&S Economy Lt & Pr (111) 5s '56. J&D 3 Ms 1st M s f July 1. '65.J&J Ed E. Ill(Bkn)See Kings Co EL&P ft* 22 M 25" 91M 93 M 93 94 M Edison El 111 6 2.85 3.25 b 82 65 f 91H J& 98 92 95 Gary Rys Co 6 Ms ser A 1945 F& / 25 Gary Street Ry 1st 5s 1937—A&' / 25 94 M Gas Co of New Mex 6 Ms *44 M& Gas & El of Bergen Co 5s '49-J& 119M 120 Gen 5s Nov 1,1954 M&i 104 Gatineau Pow 1st 5s 1956 J&D S f debenture 5s 1949 J& General Gas & Electric Corp— Scrip 4s due 1942 / 25 104M 23 M 28 31 General Public Service General Public 84 113 101 92 M 91H Georgia Power 1st 5s 1967—B Georgia Power & Light Co— 75 70 56 M 55 M 100 M Georgia Ry & Elec— 60 M ' 100 Atlanta Cons St 5s 1939—J Atlanta Northern Ry Co— 98 29 / 24 22 76 M 98 81 83 Utilities— 10 102 M 102 99 % Corp— General Water Wks & 84 M 99 90 82 H 86 M 21M 85 81 95" 85 M 98 103 Grand Rapids Gas L 5s '39-F<! Grand Rapids Ry 1st 7s *39.M« — Great Cons Elec Pow 77 M 100 13 M 14% 64 M 50 M 65 95 ■ 97 / (Japan)- ist M 7s 1944 1st & gen 6Ms 1950 Great Lakes Power Ltd— F^ J. r 101 69 73 Great Lakes Utilities Co— 1st lien coll tr 5Ms 1942-. 71 79M Great Northern 54 Power— l 112 107 % I 1st 5s stamped 1950 Green Bay & Miss Canal— 78M 79 M 78M 55 52 r 102 M Green Mountain Power Cor 1st mtge 5s 1948 r&AL Greenwich Wat & Gas System— ) Col tr 5s 1952 series A 60 M 62 H 95 - Col tr 5s 1952 series B 105 99 M 97 101 ) 97 — 103 M I 40 1 42 101H 102M 57 M 104 M 57 i 92 M 102 M ) Gulf Public Service Co— 102 M 101 105 H ) 109 90 M ) 115 104M 106M 104M 107 M 103 109 103 M J 109 % 5 J 97 I / 40 30 See Phila R T 23 M 23 24 M 24 77 108M Eliz 105M 105M 105M 103 M 107 Eliz & 105M 105M 103 M Elmira Water, Light & RR— 1st & con g 5s 1956— M&S 26M 43 J 107 M V/ 40 5/ M >/ )/ 78 Harrisburg Gas 5Ms Hemps tea & 5s 1970- . RivVPubllc Serv RR j Corp 107 M 93 ) 1st mtge 68 1945 Gulf States Utilities Co— 98 105 M Hest Man & Fair Pass Ry—Si Home Tel & Tel (Ft Wayne)- lst 6s series A 1943 1st 5 Ms series B 1955 . 43" 1 P hil R T J \ 47 M / 105 3 105 3 74 45 90 . 105 M 29 Oyster Bay— 88 S Consum's Water 1st 6s A '46 M&N Deb 5M» series A 1970 A&O 95M ..... 93 Raritan 68 v 95 80 3 93 95 Electric Pow Corp (Germany)— lsts f 6 Ms 1950 M&S / 1st sink fund 6Ms 1953—A&0 f Electric P & L Deb 5s 2030-F&A Eliz Plainf & Cent J1 See > ■ 60 A& (N Y)—See N Y G Elec & Peoples. 1.00% 2.00% 2.00% 2.50% 98 M 1H % Edison Sault Elec 4 Ms, 1961 A&O Trenton 2.75 6 5s with warrants 1944--J& 106 5M 1H Electric Ferries 7s (w-s) '41-A&O & 1.50 b trust 5Ms to 1938—A&i trust 4Ms to 1941—F& trust 4 Ms to 1943—M& trust 4s to 1946—M& Fullerton-Portsmouth Bridge— 1st s f 6s 1957 M& st lien coil 5s x-w 1944 97 102 6 Equip Equip Equip Equip Gandy Bridge (Tampa) 1st mtge s f 5 Ms 1957 Gary Elec & Gas Co— 75 92 100 Un Galv-Houston Co inc 6s '55-J&! Galveston-Houston Elec Ry— 1st M s f g 5s 1954 opt A&1 88 88 73 Wat 6s 1935--J&J Fruit Growers' Express— 19" 5M 5s May 1 1942 Florida Power Corp— 1st mtge 4s series C 1966—J&D Sinking fund debs 5s 1946-J&D Florida Pow & Lt 1st 5s '54 J&J Florida Public Service Co— 1st 4s series O 1955 -J&J Florida Telep 1st 6s 1945.-A&O Fontana 89 F&A t 105 125M Wuerttemburg 1st 7s '56-J&J 1st mtge 3 Ms 1965 1st mtge 3 Ms 1965 J&J * 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 1948ser O-.M&S 15 Ref 6s series D Jan 1 1948-A&O Ref 6s series E Jan 1 1948-A&0 Eastern Michigan Rys— m 86 • Federal Water Service Corp— Conv deb 5 Ms 1954 M&N Eastern Gas & Fuel Assoc- Eastern Oregon Lt 100" 99 H 84 H 24 96 / 1st M & 1st lien 5s 1955 B M&S Easton Consol El 5s 1949 __M&N 95 Consolidated Water of Utica— 1st 4Mb 1958 M&N 1st M 5s 1958 M&N Consumers Power Co— 1st mtge 6s 1942 1st m 5s 1960 ser D 1st Pass Ry ■102 102 H 102 58 M 103 M E. Kootenay Pow 1st 7s '42.A&0 m M&S Edison Elec Ilium of Boston 63 Consol Hydro-Elec Whs of Upper Durham Trac 1st 5s 1941.M&S East Coast Pub Serv 4s 1948 F&A East Jersey St Ry 5s 1944--M&N 104 H 107 M J&D Corp 6% notes, 1940 107 M 100 78M M&S15 / Duquesne Light—See Phila Co Duquesno Nat Gas 7s 1948.-J&J Duquesne Trac—See Phila Co Durham Pub Ser 7s A '49—A&O lst 92 H 96 Stamped 103 M 98 M Corp— 6sctfe. 1945 East Prussian Pow 6s *53 J&D E St L & Interurb Wat 5s '42 J&J 108 1st lien 5s 1st gold 5s 1950 J&J f Dom Elec Pow 5Ms 1955—-M&S Dominion Gas & El 6 Ms '45.J&J 62 H 102 M 1st lien g 6s 1942 stpd—M&S Debenture 6s 1954 ser B— J&D Fed'l Pow & Lt 6s Nov 1,1965— f Federal St & Pleasant Valley 109 '66M&S 100 7 11 1st 5s (Internat ser) 1942—M&S 60 Bridge— 1st mtge s f 6Ms 1952..—F&A / Certificates of deposit. 8 f deb g 7s 1952 F&A Certificates of deposit / Det & Pt Huron Shore Line— 15 99 18" 16 Fall River El Lt 3Ms 1968-M&N Federal Light & Traction— 1st 58 (Amer series) 1942-M&S 113M 25 74 55 106 106 M 105 conv / / 105M 104 M 1st 53 135 108 M f>jk 84 6 Conn Ry & Lt 4Mb 1951 —-J&J Conn Riv Pow 3 Ms ser Ar61 F&A Oonnellsv Wat 5s Oct 2 *39.A&O Consolidated Cities LP & Tr— - 23 M 42 39 s v 111 103 M 102 M 87 Dortmund Munic Util (Germany) 20-yr s f 6 Ms 1948 A&O / Duluth-Superlor Transit— 1st 5s 1953 ws-M&S Dumbarton B'ge 6 Ms to '49-J&J _ 1st & ref Eauit G & E Utica 5s 1942-A&0 Erie Co Electric 6s 1959 J&J Erie Rys—1st 6s 1954 A&O 105M 100M 52 Certificates of deposit / s f deb 6Ms 1948—M&N f Certificates of deposit- International 97 H Coke jt 1st & ref 5s'4l opt_M&S Ercole Marelli El Mfg Co (Italy) 1st s f 6 Ms 1953 witn war M&N 100 M 108M 108 M 108M Conv Detroit 95 104M 101M M&S 1105 18 Gen & ref M 3 Ms ser G 108 M _ ser 102M 35 Gen 104 136 Empire Gas & Elec and Empire 106M M&N 1st 5s, 1966 M&N Detroit City Gas Co— 1st mtge 6s 1947 series A.-J&J 1st mtge 5s 1950 series B—A&O Detroit Edison— J&D M&S 5s 1952 97 M * '49--M&N 1956 m Empire Gas & Electric Co— Gen & ref 6s ser A 1952—J&D & ref 4Mb 1961 ser D.F&A 113M Gen & ref 5s ser E 1952—A&O dl052132 Gen & ref M 4s ser F 1965. A&O 110M 6Ms stamped 1953 3 A&O f Columbus (Ga) Elec & Power— 105 1st & ref 6s 1947 ser A J&D _ 1st & ref 108 M Des Moines Ry 1st «nc 5s Jan 1 '55 / Detroit & Canada Tunnel— 1st mtge 8 f 6s 1953 M&N / 106M 40 5s 105 105 Empire District Elec Co— 103 M -— mtge 104 „ J&D 108 Stamped as to Pa tax Denver Tramway Corp— Gen & ref 5s 1950 ser A—.J&J Des Moines Gas Co— 1st 109 H 40 36 J&J 1st mtge 4Ms ser A 1951 Conv deb 4 Ms 1946 102 M A&O 1959 Denv Gas & El 1st g 5s 1st & ref 5s 1951 96 Conv debenture 3 Ha 1958-J&J Oom'w'lth El 5s June 1 '43-M&S Commonwealth Gas Corp— 5 Ms Ask 40 38 92 95M J&J Delaware Power & Light Co— 1st M 4Mb 1971 J&J 1st mtge g 4 Ms 1969 J&J 1st mtge g 4Mb 1969 -J&J Delaware Vail Util 6s 1952.M&N Deb g 5s 1952 M&N Deb g 5s 1952 A&O 15 Deb 5s Jan 15, 1961 J&J 15 Columbia River Longview Bridge 1st M 4s 1981 ser F M&S 1st M 3 Ha ser H 1965—A&O 1st mtge 3 Ha ser I 1968--J&D f F&A 108, 1951-J&J 58 Danbury & Beth Gas 6s 1948 F&A 105 Danville Tr & Pow 1st 5s '41-J&J 38 M Darby Med & Ches Ry—See Phiia R Tr Dawson Ry & Coal 5s 1951—J&J 98 Deb 36 B—M&N 1st m 5s 1950 ser A El Paso Nat Gas— 97 M 73 91 105 59 M Cumberland Co (Me) Pow & Lt— 1st mtge 3Ms 1966 A&O Cumberland Gas 6s w-s 1948M&N / Cumberland Valley Telephone— I 1st mtge 5s 1966 J&J General 5s 1966 A&O Dallas Gas 1st 6s 1941— A&O Dallas Power & Light— 1st & ref M 3 Ms 1960 Delaware Elec Power Co— 101 Colo Utilities 1st 5 Ms 1958.M&S Columbia Gas & Elec Corp— ser County Gas (N J) 5s Jan 1 .1952Crescent Public Service Co— Coll inc 6s B Oct 1 1954--J&D Cuban Telep conv 5s 1951—J&J 1st lien & ref 7Ms 1941--M&S Bid El Paso El Co— 81M Dayton Power & Light— 109 Commonwealth-Edison Co— 1st M col 4Mb 1956 ser O.A&O 1st M col 4Ha 1957 ser D.J&J Council Bluffs Gas 5s 1948--M&N County Gas of Dallas 5s '46 A&O 1st mtge3Ms 1967Dallas Ry & Ter 1st 6s 1st s f 4s series B 1965 M&S Colonial Util 5 Ha 1958 J&D Colorado Cent Pow 5Hs '46-J&D Colorado Power 1st 5s '53--M&N Columbus Ry Pow & Light— 1st mtge & coll tr 4s 1965.M&N Cooper RivBri'gelnc 1st 6s'58M&N Copper Dist Pow 4 Ms 1956--J&D1 80 M 12 96 71 83 M r Bonds Ask Bid Oontin Gas & El deb 5s 1958 F&A1 Continental Pub Serv 6s '40-J&D f Continental Telep 5s 1953- -F&A, , 62 H Citizens Deb g 6s 1946 where marked "f" and income and defaulted bonds Bonds ^ 1st & ref 5s 1954 except Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Olties Serv deb 5s Jan 1966-M&S Deb g 5s Apr 1958 A&O _ UTILITY BONDS "and interest" 98 92" 99 Houston Gulf Gas— 3 102 Vs 103 X 0 ■ * Called Jan. interest, 1, 1939 at par. k Last sale, n Nominal. t Called Sept. 1 at 105. t Called Aug. 1 at 105. b Basis, d Called Oct. 1 at 105. f 103 104 . / This price includes accrued Aug., 1938] PUBLIC 75 UTILITY BONDS NOTICE—AH bond prices are "and Interest" except where marked and income and defaulted bonde Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Bonds Bid Italian 1st mtge 3 %s 1960 J&D Houston Natural Gas Corp— 1st coll 68 '43 with warr.J&D Hudson Co Gas 6s g 1949—M&N m 1st 5s ser C 1962 60 1. 1970 A&O 102 95 M llH 83 M 101 Indiana Gas Light 6s 1941 M&N Indiana Gas Utilities 5s 1940.J&J Indiana General Service— 60 Indiana Hydro-EIec Power— 1st mtge 5s 1958 ser A M&N 65" 107 J&J 108% 85 % 110% 106 M Indiana & Mich El 5s 1957—F&A M&S Indiana Pr 1st 7Ms '41 A .M&N Indiana Ry & Lt 1st 5s 1943.J&J Indiana Service Corp— 88 107% 113M 112 102 1st & ref M 5s Jan 1,1950. J&J 6% conv notes 1940 Indiana Telep 5s A 1960 87 53% 53% F&A 54 ' 54 J&D 10 21 J&J „ 92 95 Indianapolis Columbus & Southern Traction 1st 6s 1948..F&A Indianapolis Gas 5s 1952— .A&O Indianapolis Power & Light— 1st M 5s 1957 ser A——J&J Indianapolis Ry 5s, 1967 J&J 60 69 104 M 48 J&J 105 104 % _ Indianapolis Water— 1st mtge 3%s 1960 57 66% > „ 105 % 51 Indianapolis W W Sec Co— Secured 5s 1958 Inland Gas 6%s 1938 J&J 91 F&A 94 45 47 45 47 11 Certificates of deposit 104 M 102 110 Inland Pow & L 12 s f 6s *36 A.M&S Coll tr s f 6s 1941 ser B—M&N Coll tr 6s 1957 ser C A&O Deb s f 7s 1935 J&D 14 % 15M 14% 28 Mannheim & Palatinate Elec Cos 103 Marion-Reserve Power— 119 1st mtge 4%s 1952. Maritime Tel & Tel— 101% 109M 60 lW* 66 11 11M 82% : 89 % 83 M 103 Kewanee(Ill)Pub Ser 6s A '49 J&J Key West Electric 5s 1950—F&A Keystone Pub Serv— 1st M 5s 1978— M&N Keystone Telephone Co—,.. ■ 1st & ref 5%s 1955 ser A—J&D 1st 1 & ref 6s 1951 ser B^> A&O Kings County Elec Lt & Power— Purch money 6s g 1997.-A&O Edison El 111 Blkyn 4s *39. J&J KingsCoElev—See Bklyn-Queens Kings Co Gas & 111 1st £>s '40 A&O Kings Co Ltg 1st ref 5s '54. -J&J 1st ref 6 Ms 1954 J&J Kingsh'wayBdge 6 Ms 1962. A&O Kokomo Water Works— 1st 5s ser A 1958 J&D Lackawanna & Wyoming Val RK 74 •76" 95 97 90 96 101H 102 % 102 104 Conv deb 6s 1944 w w A&O Internat'l Pow Ltd 6%s 1957M&S Deb 6s 1957 M&S Debentures 6s 1955 J&J International Power Sec Corp— 6%% sec bonds 1955ser C J&D Sec 7s 1957 ser E Sec 7s 1952 ser F 73 M 74 95 98 92 Lawrence (Mass) Gas & Elec— 1st M 4Ms 1940 ser B F&A Lehigh Power Securities— Deb g 6s 2026 ser A Lehigh Valley Transit— 100 53 101 100 62 Ref & impt g 5s 1960 1st extend 5s 1945 J&J15 55 58 International Railway (Buffalo)Buff Trac 1st 5s 1948 J&D Internat Ry ref 5s '62 op.M&N 78 31 82 99 1st & ref 5s 1956 ser D J&D 1st & ref 4Ms 1958ser F..M&S Interstate Rys 4s 1943 F&A Interstate Telep Co— 1st M 5s 1961 ..A&O Interstate Tel & Tel 5 Ms 1953J&J Investors Telephone 3s 1961.J&J Iowa Electric Co— 1st 4s A 1961 J&J Iowa El Lt & Pr 7s ser O '42.F&A ser 1st mtge 4s ser E 1955 J&D Iowa-Ill Telep 2-5%s 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.. M&S Debenture os I960— M&N Iowa Southern Utilities— 1st & ref 5 Ms 1950 J&J 1st & ref 5 Ms July L'fiO-M&N Deb 6s 1950 ser A M&N Isarco Hydro-Elec Co (Italy)— 1st M s f 7s 1952 M&N 71% 00% 72% li* 59 1$H 63 99 % 45 56% 35% 57 M 35% 6 9 96 16% 78 54 72% H 101% 91 fi* 1% 102% 93 52 M 55 86 M 87 M 114 114% 104M 35 97 M 97 M 106% 99 % 08% 108 105 84 M 104 M 90 99 100M 87 105" 92 00% 101M 90 s f 5Ms 1953 ser 56 60 58 * Called Aug. 1 at 102. Canadian price. i 48 A&O 104% 55 Michigan Gas & Elec Co— M&S 94% J&D 85 80 J&J 107 Middlesex Water 5Ms 1957-A&O Midland Util deb 6s 1938.—M&S / 36 120 5s 1950 1 Milwaukee Elec Ry & Light— 1st & ref 5s 1961 ser B...J&D 1st M 5s 1971—— —J&J Milwaukee Gas Light Co— 99% 108 102 _J&D 36 J&D 72 1st M 4 Ms 1967. M&S Minneapolis Gas Light Co— 1st mtge 4s 1950 J&D Minnesota Nor Pr jt 6s 1944 A&O Minnesota Power & Light Co— 98% 101% 100% J&D 1st & ref 5s 1955 1st & ref 4Mb 1978 72 38 76 104% 103% 103% 95% M&N Mississippi Power Co— 1st & ref 5s 1955 78 —M&S Mississippi Power & Light— 103 Deb 5s May 1. 1947 M&N Miss Val Pub Ser 1st 5s '54.J&D 100% 94% 73% 70 99 93% 72% 102" 102" 101% 99% 98 Missouri Edison 1st 5%s '47 65 Missouri Power & Light— 1st mtge 3 Ms 1966 .70% J&D 101% Missouri Public Service Co— 1st s f 5s I960........ F&A Telephone— 67 n M&S 102 8 Missouri Val Pub Ser 6s '39 J&J r 105% Louisville Gas & Elec Co (Ky>lst & ref M 3Ms 1966 M&S Louisv Ltg 5s *53 unstmpd—A&O 85 A&O 1st 4~5s 1956— 4%a series C 1961 36"" Long Beach Gas 1st 5s '56. J&D Long Island Lighting— Secured g 6s 19451 .J&J Conv deb g 5 Ms '52 ser A.A&O Long Island Water 5 Ms *55 M&N Lorain Telep 1st 5s 1958 J&D Los Ang Pac Co—See Pac El Ry Los Ang & Pac RR-See Pac El Ry Los Angeles Railway Corp— 1st & ref s f g 5s 1940 J&D Los Angeles Ry 5s 1938—A&O Los Ang Trac 1st cons 5s '38-J&D Louisiana Pow & Light Co— 1st mtge 5s 1957 J&D 106% J&D Missouri Gas & Elec Service Missouri \1?A Louisv Ry cons ext 5Ms 1940J&J 2d 4Ms 1940 M&S General 5s 1950 ..F&A Lowell Gas Light— 85% 109% i6i" Mississippi River Pow 5s *51-J&J 99 J&D _ J&D 1st M 5s 1957 (Italy)— 1st extl 7s 1952 Mobile Gas Service Corp— 1st 5s 1956 90 78 76 104% 100% 102% 75 A&O 1st cum inc 9s ser A '56—A&O f Income 7s 1956 A&O f Mob Lt & RR Cons g5s '41.M&S Mohawk Valley ref 6s 1991 M&N Debenture 6s 2031 53 42 61 91 A&O 96"" Monmouth Cons Wat 5s '56. J&D 70 Monongahela Light & Pow Co— 1st M 5s 1949 J&D 75" ©o o Monongahela Valley Water— 1st M 5%s 1950 series A J&J Monongahela West Penn Pub Ser 1st & gen mtge 4%s 1960.A&O Debenture 6s 1965 ...A&O Mont Cities Gas 7s A 1937—M&N 106 106 Montana-Dakota 97% lstsf g6Ms 1944 F&A Lower St Lawrence Power— 1st s f 5s ser A 1955 A&O 22% 101% 106% 97 100 Power— Conv deb 4%s 1946 Montana Power— 100 ---. 60 89 99 3% conv -j v. • deb 1939 s f 3%s 1956 3%s 1973 78 A&O 1st & ref mtge 3 Ms 1966—J&D Montreal Isl Pow 5%s 1957 M&N Montreal Lt Ht & Pow Consol— 1st & coll d Called July 1 at 103. 115 Ext 1st 5%s-6%s 1944 J&J Montana-Dakota Utilities— 59 1st mtge 4Ms ser A 1966.M&S Lower Austrian Hydro-Elec— b Basis, 35"" Middlesex & Somerset Trac— 98% .99% Conv deb 5 Ms 1953 J&J Lincoln Gas & Elec 5s 1941—J&D Lincoln Pub Serv 5s 1939..-J&J Lockhart Power 4%s 1955..J&D t Called Aug. 9 at 102. f._F&A A&O Middlesex Elec Lt Pow 5s *55 J&J 16" 7 .• r s 6% J* 23 1952Mlchigan Associated Telep Co— 1st & coll A..M&S 107% 88 57 Island Gas & Electric— 25-yr 106 106% 54 69 1st M 6s ww 1944 .M&S Lexington Util 1st 5s 1952-.F&A LexingtonWat PowColst5s'68J&J Lombard Elec Co 105% 56 54 J&D s' f mtge 6Ms 1946 Lewiston Gas Lt 3Ms C '56.A&O Lex (Ky) Ry—See Ry Tr & Term Lexington (Ky) Tel— 98 80 ' 35 69 109 Michigan Public Service Co— 1st g 5s 1947 ser A 92% A&O Middle States Telep 6s A *47-J&J d 103 Middle States Util 6s A1951 A&O 50 74 Middle West'n Telep 6s '43.-J&J Middlesex & Boston St Ry— 93 1st and ref mtge 5Ms 1942. J&J 104M Leipzig Overland Power¬ International Telep & Teleg— Deb g 4 Ms 1952 J&J 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 1957-J&J Deb gold 6s 1952 J&J Interstate P S (Ark) 6s 1940 M&S f Interstate Pub Serv Co— 1st & ref 6Ms 1949 ser B..J&J 86 44 108% Bridge— 1st & ref 6s 1943 1st M 5s 1956 F&A 1st extend 4s 1945 56% F&A 58 1st M 4 Ms 1968 ser D—M&S 1st M 4s 1971 ser E M&N 1st M 5s 1961 * 67 Mich Fuel & Lt 6s A 1950—-J&D 88 M 81% Lake Superior Dlst Pow 1st mtge 3 M? ser A 1960. . A& O Lancaster Co Ry & Lt 5s 1951 J& J v 11% A&O f 7s Income deb 6s (w-s) Mar 55"" 1M s Mexican Utilities 7s 1939 156 Lake Shore Elec Ry 6s 1933.J&J General 5s 1933 —F&A Lake Sh Gas 1st 5%s 1950—M&N 60' 58 % 1957 ser A Metropolitan Edison Co— 1st Mex Lt & Pow 1st 5s *40 152 31 Certificates of deposit Intercontinents Power Co— Debs A 6s 1948 J&D / International Hydro-Elec System 84 41 i Meridionale Electric Co— Miami 50 % 50% 102% 30 M A Metropolitan West Side "L"— 1st gold 4s 1938 F&A Exten gold 4s 1938 J&J Mexican El L 1st M g 5s '42.J&J "93 93 6s coll notes ser B 1942—F&A La Crosse Telep 5Ms 1948.-J&J 59" ser Metro Wat Sewer—See Fgn bds 62 A&O A&O 1102 A 1 st mtge 4s ser G 1965 M&N Metrop Edison Corp 6s *61-M&S 95 Certificates of deposit 6% notes 1932 M&S ser 1st & ref 4Mb 1978 ser O—A&O Memphis Street Ry— 3-5s series A1945— A&O 3-5s series B 1945 Ann April f 82% 75" Certificates of deposit Conv g 7% note 1932 • 95" 83 M 64 % ... so 86 89% 82% 100 F&A F&A F&A : 87 82% , 63 M A&O Interborough Rapid Transit— 83 J&J 88 98 97 88 72 Inland Telep 1st 6s 1948 77% Maryland Light & Power— 1st M 5Ms 1950 ser A J&J 108 F&A F&A A&O 98 Market St Ry (San Francisco)— 1st s f 7s 1940 ser A Q Jan 1st & ref 5s 1948 97 1948 109 S f deb 5s 1949 104 6s Ref & gen 6-4 Ms ser B 1966 J&J Ref & gen 4s series C 1967-J&J Market Street El Pass Ry— See Phila Rapid Transit Mass Utilities Associates— 94 1951 102 May8ville P Serv 5%s A 1942A&0 Memphis Power & Light Co— 102 5s 21% A&O 88" 90 85 M&N Debentures J&D / f 7s 1941 33 M 31M ^ 1st s 81 < Laclede Gas Lt 5s 1939 1st M coll tr 5 Ms '53 ser C 1st col&ref 5Msl960 ser D 6s coll notes ser A 1942 4% 75 Manitoba Power Co Ltd— 1st M s f 5 Ms '51 ser A J&J 1st M s f 5%s 1952 ser B..J&J Co—• Lexington Ry 1st 5s 1949.J&D Kentucky Utilities Co— 1st M 6 Ms Sept '48 ser D M&S 1st M 5 Ms 1955 ser F A&O 1st M 5s 1961 series G F&A 5s series HI 961 F&A 1st M 5s 1969 ser I F&A 1st 7a series J 1957 F&A 1st. 6s series K 1957 .M&S 15M 81 *01% Ctfs indebt 2s 1958—.—-J&D f Kentucky Power & Light Co— 1st 5 Ms series A 1942 M&S 1st m 5%s 1948 ser B M&S Kentucky Traction & Terminal— 1st & ref gu 5s *51 opt *14 F&A f 15 M 14 % M&S 53 40" }04% Kentucky El Kentucky Fuel Gas Corp— 1st 6Ms 1942 with warr..J&D / Kentucky-Ohio Gas Co— 14% Ltg Corp— 1st lien & colltr 5s i17 1965-——-M&N Pr lstsf 6sl960J&J W* 26 dep. JScD l01M 1st mtge 4 Ms 7 28% 1% Gen s f 7s ww 1941 A&O Manhattan Ry con 4s g '90--A&O 27% A—M&S 88% 103 A&O serA 1941 32 27 1st & ref g 5s *66 op tax-ex. J&J _ 105 113 103% 103 Terminal— f 6 Ms 2d gold 4s 2013 Manila Elec RR & _ Sinking fund deb 7s 1938.F&A s 15-year Keokuk Elec 6s 1945 J&J Cent Hanover Bk ctfs of 2% 1st mtge 4Mb 1980—— --J&D Kansas Power 1st 5s 1947—M&S \ 106 96 104 % 25 1st mtge 3 Ms ser A 1966. J&D Gas & Electric— Deb gold 6s 2022 ser 22 107% 107% M&S Debenture 7s 1944 1st Kansas Elec Power— 104 80 106 Kansas 86 M&N f op'13 A&O MacLaren-Que Pow 5Ms Febl'61 5 Ms series B 1964 M&S Macon Gas 1st mtge 4Ms *52-J&D Macon Ry & Light 1st 5s '53. J&J Madison Rys 1st g 5s 1936—M&N Manchester 1957—-J&J 109 36M 1% 105 104 % Kan City Pub Serv 6s A 51—J&J 1st 6-7s series B 1951. J&J 100M 98 M 93% f 7s 1948 s 1st ref&imp g 5s'48 1st & ref 6s 1954 4 % Jersey Central Pow & Lt Corp— 1st & ref 5s 1947 ser B——F&A 1st M 4Ms 1961 ser O—-J&D Jer City Hob & Pat—See P S Corn Johnstown Traction 4s Deci 31 62 Cons mtge 3s B Dec 31 1962 — Joplin W W 1st 5s 1957——M&S Kansas City Gas 1st 5s 40--F&A 1st Bs series A 1942—— --F&A Kansas Power & Light 1st M 68 1947 series A M&N 1st M 0Mb 1953 series B..F&A 1st M 5s 1951 series O M&S 1st 1& ref 5s 1963 55 iM M&N f Indiana & 8 W Gas & Util— 88* 99 99 % 97 % 1st mtge 4Mb ser B 1965—A&O Indiana Central Telep Co— . 105M 109 % 107 % J&D 1st & ref 5s 1955 105 1st ref 4s series O Illinois Water Service Co— 1st mtge 58 1952 series A.. J&J Indiana Assoc Telegraph— _ 99 M 98 97 M M&S 1st M 5s 1948 105 54 Ist&refSs 1957 opt A&O Illinois Power & Light Corp— 1st & ref 6s 1953 series A A&O 1st & ref 5Ms 1954 ser B..J&D r 121 109 1st mtge 5s 1960 ser B M&S HI Community Tel 6s 1949.-J&J Illinois Northern Utilities Co— Indiana Electric Corp— 104 98 M 105 Illinois Commercial Telep— 1st 5s series A 1948 __M&S 1st lien coll 5 Ms 1938 1943-...-----J&D 5s 1954 J&D 1st M Luzerne Co (Pa) Gas & Elec— Jamest'n (NY) Telep 103 119 104 Idaho Power 1st 3 %s 1967 A&O Illinois Bell Tel 3 Ms B 70—A&O „ 35 Deb gs 7s 90 A&O 1st & ref 5s 1956ser O S 'deb5,Ms 1957 47 M 3 100 J&J 3 Ms 1947 2 Ms 1942— 46 1952 M&N (without Income deb 6s ser A 101M 104 M Hydro Elec Power Commission (Ontario) 3%s 1943 —J&J 4%b due Jan 51M Jacksonv (Fla) Gas— ' ■" 5s stamped 1942—-—- — -J&D 122 121% A&O warr)_J&J Lt H & P— J&D 90 103 % Hydro El Bond & Sh 5s 1957M&N Hydro El Corp (Va) 5s 1958. J&D r63 87 Deb 6s Jackson County (Mo) 1st 68 series A 1956 Bid Bonds Luneburg Pow L & W W (Germ'y) 48M 107 % 103 Hudson River Trac 5s 1950-M&S Hunt'g'n Wat 1st M 6s 54A M&8 1st M 5s 1954 ser B M&S Ask Superpower Corp— James River Bridge Corp—1st sink fund 6Ms 19o8._-J&J 107 % _ Bid Bonds Ask Houston Light & Power 96 104% J&J F&A J&J 50 102% 96% • / Price includes accrued interest, k Last sale, n Nominal. price, .1 securities are possible for the closing day of the month preceding the date of >ssue Bid Bonds Ask N Y S 2^ 76% earn N vi N Y Water Service Corp— 1st M 5s 1951 ser A I? 87 % 88% OO 5s 1956 „ 92% Oregon Elec Ry 6s?33 opt__M&N 'egon-Washington Water 8erv— ~ Ottawa L H & Power— Ref & coll tr 5s 1957 ser A. A&O Ottawa Valley Power Co— 108% 47 51 45 31 55 105% 105% 102** 105** Deb 5%s 1963 ser B..-F&A15 103% Deb 5s Nov 15 '69 ser C M&N15 40 Nor Amer Gas & El 6s 1949 ..J&J / North Amer Light & Power Co— 88 S f deb 5%s 1956 J&J North Boston Ltg Properties 106** 3 %s secured notes 1947—-A&O 4 North Carolina Gas 6s 48—M&N / 103% F&A 58 % 84 95 A&O 50 81** North Texas Co 3-6s 40 Northeastern Public 43 105 117 Pac Ltg 106** 105% Pacific Power 51 105% Paterson 5s 122** 101% 123** 102% 102% 103 23% 25 71 72% 47% Utilities Co— / 6 22 9 104** 105 7 7% 8 114 / / 117 Northwestern 107** 98 Light & Power— If / Certificates of deposit--. Northwestern Pub Serv Co— 1st M 5s ser A 1957 < N'western Teleg 1st 4 %s '44-. 8% 67 6s series B 1950 F& Northwestern Power Co Ltd— 66 66 93% 94% 100 Northwestern Utilities. Ltd— 87% NY PA NJ Utilities- 59 )f 101 22 107 102 99% 93** 97 83 Ohio 61 24 107** 103% 98% Cities Water Corp— 79** 103** 102** 98** 97% 1 i F 82 103% 103% 99 98% 106 r 104 108% 104% ) 115 116 k 87 104** > 91 99** 102 102% 99% Ohio Public Service Co— 95 97% i 13** io R! Ohio River Bridge & Ferry— 100% )/ 40 I 105% 105 J* 106 Valley Gas Corp— 1st 6%s 1943 (with warr) Ohio 123 % 115 . 1 123** 114% 131** 116** f I I 1943. 78 69 103% 101% 99% Electric— ) 104% 104 101% Oklahoma Natural GasJ 107** 108** 99 79 I 108 108 % 104% 99% 80% 78 53% 86 103** 100 Income 5s 1990 Ap 5s May 15 Omaha & Coun Bluffs Ry & 25** p r I 104** r 30 Old Dominion Pow 9J* If 1 55 11 9 53** 54% 98 Bluffs St RyJ& Ontario Pow 5s *43 op to '13.F& Ontario Transmission Co Ltd— Omaha & Council lst extd 4s 1947-- 94 95 95** 96** 96 97% 5 J Pennsylvania 1st & ref 5s Electric ser tasis. / This price includes accrued interest, ser Co. Peoples Light & Power Co— 1st lien coll 3 6s 1961 J&J Peoples Telep (Butler, Pa)— . „ ^ -J&D 1960 4s Peoples Tract—See Phila R T Peoples Water Service (Md)— 1st lien 6s A 1949 w w—F&A Peoria Water Works Co— 1st consol 4s 1948-. M&N Prior lien 5s 1948 M&N 1st con 5s 1948 —M&N 1st & ref 5s 1950. F&A Debenture 4s 1950 Philadelphia Company— Secured gold 5s 1967 J&D Ardmore Street 5s 1958.-A&O Duquesne Lt 1st 3%s *65.J&D Duquesne Trac 1st 5s *30-J&J Plttsb Rys 5s 1953 ^9 2d Ave Tr 1st 5s 1934 J&D So Trac 1st & coll tr g 5s'50A&0 United Trac 5s 1997 ctfs.-J&J West End Trac con 5s '38.J&J Philadelphia Electric— 1st & ref mtge 3 %sl967—M&S Philadelphia Elec Power Co— 1st mtge 5%s 1972..—F&A Phila & Garretsford St Ry— F&A Philadelphia Rapid Transit—■ 1st 5s 1955 1957 opt s 1962 6s gold 1962 Coll tr g 5s 8 f guar 58 m r e 6s 1944 \ 113% 110% Nominal, M&N . ^ *45-A&O People's Traction Co— P P Ry tr ctfs 4s '43.F&A Union Traction 4s 1952-J&J 115 n J&J Darby Media & Ohes St Ry— 1st 4 **8 1936 J&J Hest Mantua & Fairm— 1st extd 5%sl939 M&N Market Street Elev Pass Ry—- 114% * f—F&A M&S M&S . r Canadian price. 108 104 93 % 102% F...-M&N Pennsylvania Gas & Elec Co— 1st 1 & ref 5%s *55 ser A--M&S 1st L&Ry 5s 1958 M&S Pennsylvania Gas & Elec Corp— Deb gold 6s 1976 ser A—M&S Pennsylvania Pow & Light Co— 1st M 4%s 1981 A&O Pennsylvania State Water Corp— 1st coll trust 4%s 1966--M&N Penn Telep 1st M 4s 1965..A&O Penn Water 1st 3 %• A *67--F&A Penn Water & Pow • f 5s *40- J&J 1st ref 4%s 1988 ser B .M&S Penn Wat Serv 5s ser A '67-F&A Peoples Gas (N J) 1st 5s *68-J&D 1st sf5%s 1960 J&D Peoples G & Fuel 6 J*s ww'37 A&O Peoplo's G L & Coke, Chicago— 1st cons g 6s 1943 A&O Refunding gold 5s 1947—M&S 1st & ref 4s 1981 ser B—-J&J 1st & ref mtge 4s ser D '61 - J&D Mutual Fuel Gas g 5s' 47 M&N 66 63 k Last sale, 94 H 1962—A&O 5% 5% 5 98% 1st & ref 6s ser O 1947 M&N 1st & ref 5s series D 1954-J&D 1st g gu 4s 1955 Union Traction— Elec & Peo 4s tr ctfs r ) * 104% 81** F&A 1st Oklahoma Power & Water i 90 98 M&N _ 98** ) Oklahoma Gas & 80 55 105 1 117 110 110 104** 113** 7%s 75 30 Peoples Light & Power Corp— > 1st lien 5%s 1941 J&J / Conv deb 5s 1979 -J&J / 98% 10 105 M&N 1979 5s 1st & ref 4s 1971 / 95 Deb g 6s 1950 ser A ex-w.M&N Deb 5 %s 1959 ser B F&A Penn Public Service Corp— 103% M&N Income 3-6**s May 1 '69 / 105% Elec Penn-Jersey Water— 1st coll 5**s 1960 Penn-Ohio Edison Co— 103% 103% 1st M 6**s 1936 with warr,J& Northwestern Electric— 1st 6s stamped 1945 M&v 51 106 Non-cura inc deb 6s 1950-M&N Penn Central Light & Power Co— 99** 128 116** & 1st & ref 4**s 1977 1st N'west Cities Gas 6s 1949—J& Northwest Louisiana Gas— 124 72% J&J 104 46 20 8 f reg Gas 1964 103% 1st lien 4-6s 1968 125** Go— Pecos Valley Power & Light Co 1st extended 6%s 1950..M&N 55 1st & ref M 3%s 1967--F&A Northern Texas Elec Co— Coll tr s f « 58 1940 opt—-J&J f Northern Passaic 112"" 99 Northern N Y Utilities Inc— 1st lien & ref 7s 1946 A-.-M&N 1st lien & ref 6s 1947 B...M&N Northern Okla Gas 1st 5s '46-J&J Northern Penna Power Co—_ 1st & ref 5s 1956 ser A—J&D 1st & ref 5s 1962 A&O Northern States Power Co— _ 91 & 102% 103** h—-- M&S 1st & ref M 4 %s 1970ser E J&D Nor Indiana Telep 4**s '55.M&N 106** 17 ..M&S & Light 1955 108% ;52-M&N 1st & ref 5s 1969 ser D 89 % 5s Paterson Ry—See Pub Serv Corp Pecos Valley Gasext6 %s '44M&N Northern lnd Pub Serv— 59 % M consol gold 5s 1949 M&S Paterson & State Line Traction 87 60 Serv— F&A Pacific Teleph & Telegraph— Ref mtgle3 **s ser B1966. A&O Ref mtge 3 **s ser C 1966.J&D Parr Shoals Pow 5s 1952 A&O 99 121 Pub deb 6s 1950 Conv 98"" 37 / 1st & ref 5s 1966 ser C Corp deb 4%s 1945-A&O Northwest Pacific 50 110 North lnd Gas & El 6s 11966-J&D Pac L & P Co 1st 5s 1942—J&J Service— 118 84 107 % 104 - 89 . 110 - 1st & ref M 3 %s ser 84 1957--J&~ 1 75/:' 115** - 1st M & lien 5%s 1957 .M&N North Shore Gas Co of IllinoisJoint 1st mtge 4s ser A *42-J&J 40 104% 54 Pacific Gas & Electric Co— 1st & ref M 6s 1941 ser B-J&D 1 st & ref M 4s ser G 1964. J&D 1st & ref M 3 %s ser H '61 J&D 100% 1938-A&0 North Penn Gas Co— 93 107 1st North Continent Utilities Corp— 1st coll & ref 5**s '48 ser A. J&J North Hudson Lt H & P Co— (Hoboken. N J) 5s 92 A--M&S North Central Gas 5%s 1955 104% Refunding 5s 1961 M&S Los Angeles Pacific Co— 1st ref g 4s 1950 opt *15--J&J Los Angeles Pacific KR— 1st & ref mtge 5s 1943-M&S 49% North American Edison Co—• 83 % 102 f 5s 1952 s Pacific Elec Ry g 5s 1942.— J&J North American Co.— 80 ® M&S Pacific Coast Power 6s 1940-M&S 108% 1st mtge 6%s 1953— Norf & Ports Bdge 6**s '47--F&A 106 % J&J Ozark Power & Water Co— 1st &J Oonv deb 5s 1957 ser s 1st mtge 4s 1961 108 A&O 102% Nippon Elec Pow Ltd (Japan) 1961--. 105** f 5%s 1970 A&O Otter Tail Power Co (Minn)— 1st & ref 5s 1955 ser A Deb 5s 86 % 1st M 5s 1957 ser A J&D Ottawa El Ry 4%s *48-55-J&J 1st M N Y & Westchester Lighting— See N Y Gas Elec Lt & Pow Niagara Falls Power— 1st & ref 3%s 1966 M&S Niagara Lockport & Ont Power— 23 106 104% 107% 91 M&N Ask Bonds 106 M&N Y Tel 1st 4%s '39 tax ex.M&N Ref mtge 3%s ser B 1967--J&J l^i Ask 106% M&N ..M&N 6s 1947 1st M 5s 1951 100 76 % May marked "f" ond Income and defaulted bona. "and Interest" except where are as near aa BONDS UTILITY PUBLIC d 68% 78 1015^ 97 % 106% 108 % 87 70"" 15 93% 95 114% 87% 11% 70% 100 87 94% 109% 67"" 14"" 109 112% 44% 79 73% 83 19 45 84 7 10 77 UTILITY BONDS PUBLIC Aug., 1938] "and Interest" except where marked "f" and income and defaulted bond* Quotation* for ail securities are as near a* possible for the closing day of the month preceding the date of issue NOTICE—All bond price* Bid Bonds Phlla Suburban Water Co— 1st n f 4s 1965 M&S are J&J J&J 1960-J&J / Piedmont J lydro-El Co (Italy)— 1st & ref s f 6 %s 1960 ser A A&O Pinellas Wat Co 5%s 1959.M&S Canons burg & Wash 5s 1937 Pittsburgh Rys—See Phila Co Pittsburgh Suburban Water Serv 1st 1 & ref 5s 1958... .M&S Pittsburgh Trac 1st 5s 1927-A&0 / Pialnfleld St Ky 6s 1942 J&J Plainfleld-Un Wnt 5s A '61 .M&M Pitts Platte Valley Telep Pomerania Elec 6s Pt 6s 1947-J&J 1953—M&N Henry L II & P 1st 5s '46.F&A Portland Elec Pow 6s 1950-M&S Portland (Ore) Gas & Coke— 1st & ref g 5s '40 opt '20..J&J 1st l'n & gen 4%s 1940...J&J Portland Gas Co 1st 5s 1951.F& A Portland (Me) Gas L 5s A'50 A&O Portland General Elec Co— 1st & ref 4%* I960 M&S 1st M 58 exten to 1950 J&J 108 30 5 56% 100 10 1st M 5s 1938 Rome (Ga) Ry & 6M 57 M 102 28% 98 Gen M 4Ms May 1948—M&N 1st s f 4s Oct 1945—...—A&O 15 15 95 107 20% 100 15 15% 65% 61M 66% 99 103 59 M 102% Porto Rican Power 6s 1950-M&N 60 __ 17 A&O J&J 105% 106 San Diego Consol Gas & Elec— 1st mtge 4sMay 1 1965.-M&N 100 % 103 M 101M San Diego Co Wat 6s A '62.M&8 San Diego Water Supply Co— 107 % San Francisco Providence Gas 4s ser B 1963 F&A 100 M 106 % M&N Bay Toll Bridge— 25% 24 Public Gas &Coke 5s 1952..J&D / Public Service Co. of Colorado— 103 M 1st & ref 6s 1953 series A.M&S 103 1st & ref 5Ms '54 ser B..M&S 104 M 103 M 101% x M&N 102 Pub Ser of Indiana 6s 1952-F&A 95 M 97 Ry debenture 4 Ms 1943—J&D 107 % 107 M 108 Deb 1946 6s Sauda Falls Co Ltd— Public Service Co of N H— 1st mtge 3 Ms ser O I960-.F&A 1st mtge 3 Ms ser D *60--M&N 1st 3 Ms series E 1961 F&A 1st 3%s series F 1966....J&D 1st 102" Public Service Corp of N J— Trust certs 6% perpet—M&N 142 144 1st 5s 1946 J&J 102 Camden Sub 1st g 1st & ref 4s 1947 1st & ref M 5s '54.M&N '62.A&O 102 J C Hob & Pat 4s 1949...M&N 51 2d 6s '14 ext 5% to '44.A&O So 1st & ref g 5s 1956 op '21.-A&O 1st & ref 5s 1966 series C.M&N 80 1st & ref fis 1967 1st & ref 4 Ms 1978 ser D.M&N 1st & ref 4Mi 1980 ser E.J&J 1st & ref 4%s 1981 ser F.A&O 1st 1 & ref M 4M ser I '60.J&J Public Service Co or Oklahoma— 1st mtge 4s ser A 1966 F&A Serial aebs4s Feb 1 1946.-F&A P Serv of Penn 1st 5%sA'53_J&D Public Utilities Consol Corp— 1st M 5Ms 1948 M&S Secured conv 6s 1938 M&S/ 1st coll 4-5Ms 1948 A&O Puerto Rico El Pow 4s to '56-J&J Puget Sound Navig 6s 1938.M&N Puget Sound Power & Light— 1st & ref 5Ms 1949 -J&D M&N 1st & ref 5s 1950 ser C 1st & ref 4Mb 1950 ser D.J&D 5%% notes 1940 F&A Puget Sound Tel 5s A 1952.J&J Quebec M&S Queensboro Gas & El 5s '52.J&J Conv g deb 5Ms '52 ser A-A&O Quincy El Lt & Pow 5s A'47 M&S Rapid Transit St Ry 8s 1941 .A&O Republic Nat Gas 1st 6s 1954J&J Republic Service Corp— 1st coll trust 5s 1951 J&D Wat Serv Extl deb 6s 1953 Rhine-Ruhr Union J&J Rhine-Westphalla El Pr (Germ'y) Mtge g 7s 1950 —M&N Direct mtge 6s 1952 .M&N Con mtge 6s 1953.....—F&A Cons 6s 1955 A&O 7s extended 1941 F&A 105% 104 % 105M 103% 105% 1st M g 5s 1st 'Ik* 50 48 72 M 53 19 20 A&O / 99M 64 ...A&O M&S 1944 101M M&S 104% 104% 104% r 101 30 South Jor G E & T—See Pub Serv ice 30 South Pittsburgh Water Co— 1st lien & ref 5s 1960 ser A. J&J 104 29% 29% 29% 29% 32 25 1st lien & ref 5s 1960 ser 1st M 5s 1955 105 B_ J&J F&A 1st lien 6s x-w 1941 J&D S'eastern Indiana Pow 6s '43 M&N S'eastern P & L deb 6s 2025.M&S z%y* 78 Southern Bell 65 3 Ms debentures 1962 A&O Southern California Edison— 1st & ref mtge 4s 1960 M&S 101 50 104% 56" 32 38 65 116 103% 54 IF Debenture 6s 1966—.—J&D 53 54 M&N Conv deb 6s 1938 A&O Steubenville Wells burg & Weirton Ry 1st 5s 1951 A&O / 105 .... 52% Super-Power Co. of 111 1st 4%s 1968 1st M 4Ms 1970 52 54 56 60 10 21% 16 M&S --.-M&S 105% 106 95 Sutter Butte Canal 6Ms '43.M&S 116% Syracuse Gas g 5s 1946- — — J&J 123% Syracuse Lighting 5s g 1951-J&D 15* Syrac Rap Tr 1st g 5s 1946-M&S f 2nd mortgage 5s 1930—--J&J 28 Taiwan El Pow s f 5 Ms 1971-J&J Tampa (Fla) Gas 5 Ms '56—A&O 1st 5s 1961 A&O 100 101 ft* 77 Telephone Bond & Share Co— Deb 5s 1958 J&D Telephone Service (Ohio)— 5s 1953 M&N Temescal Water 1st 5s A '60 M&N 75% 83% ' •••;• 105% 107 98 117% 17" 5 49% 87 79 99 Tennessee Eastern Elec Co— -F&A 1st M 5s 1943 102 88 Ref 8 f 6s series A 1955—M&N Tennessee Electric Power— 1st & ref 6s 1947 ser A—J&D 1st & ref 5s 1956 Tenn Pow gu 5s 1962 J&D opt--M&N 65% 66% 78 65 70" 91% §£% 89 87 83 Tennessee Public Service— 103 M 105 104 1st & ref 5s 1970 A&O 93% Terni Hydro Elec 6%s 1953.F&A Terre Haute Traction & Light— 56 M&N 104 1st 67 39% 38 97 52% 100% Terre con M g 5s 1944 94 60 105% Haute W W Corp— 1st M 6s 1949 ser A 100 1st M 5s 1956 ser B 93% J&D F&A 103% 101% Texarkana Wat 1st 5s *58..F&A 104% 104 102 Texas Cities Gas 1st 5s '48—M&N 98 101" 6 3 ~4?- Texas Consumers Water— A 1939 A&O / Texas Elec Ry 5s 1947.. J&J / Tex Trac 1st 5s 1937 opt..J&J f Texas Electric Service Co— 1st 6s 110% 102% 105 107 % 107 % 108 mtge 5s 1960.......-J&J Texas Gas Util 6s 1945.. A&O / 106% 107% 108% 115 1st 2-6s 1951 Texas Hydro Elec Corp— 1st M & ref 4s Aug 1 *65. F&A Southern Calif Water— 1st M 4 Ms 1960 A&O Southern Canada Power— 4 Ms 1962 A&O 97% 104 6% conv notes 1935..—..J&J Certificates of deposit.... / Stamped extend to 1948 A&O Standard Power & L Corp— Deb g 6s 1957 F&A Standard Public Service Corp— 1st lien 6s series A 1948 F&A 1st lien 6s 1948 ser B_....J&D Southern California Gas Co— 1st & ref 4 Ms 1961 M&S 106% 105% deposit M&S 3%s 1945 M&S Ref mtge 3 %s May 1 1960.J&J Ref mtge 3 %s ser B 1960.1J&J 107" 53 A&O JT 1935 110% Debenture 28 g notes 104% 101% Telep & Teleg— Debenture 3 Ms 1940 ..M&S 82% Cor J&J Southeastern Gas & Water Co— 1st lien 6s 1944 .J&D 95 zw 76 102% 100 31 81% 51" 105 Stamped extend to 1948 A&O Debenture 6s 1951... F&A Stettin Pub Util 7s 1946 South Carolina Power Co— 1st lien & ref 5s 1957 113 80% 110% 65 47 / 22% 97% A&O Standard Telephone Co— 1st 1 coll tr 5 Ms '43 ser A.M&N 21% 96% 100% 104 65 93 103 62 _ 1939 opt 1914—M&S Shenango Val Water 4s B'61 A&O 100% Water 5sl938 46 48 64 90 Telep Co— M&S Springfield (Mo) Gas & Elec Co— 1st mtge 5s 1957 ser A...J&D Springfield (Mass) St Ry— Ref & gen 6s 1940 M&S Springfield Terminal Ry 7s 1942 Stamford Water 1st 5s 1952..J&J Stand Elec (Calif) 1st 5a '39.M&S Certificates of 106" Shinyetsu Elec Pow (Japan)— 78% 76% 71% States Spokane Falls & Nor 6s 1939-J&J Spokane Gas & Fuel 5s 1944.F&A Spring Brook Water Supply— 1st ref 5s 1965 A&O Spring Val Utii ref 6s 1943—J&D Standard Gas & Elec of Delware 80 66 99" 70 101% 110 77% 77% 98 74 101% 105% 99 1st sink fund 6 Ms 1952 J&D 50 Shrevp't Bdge & Term 5s'55_F&A 73 Shreveport Rys 1st 5s '38-44-J&J / 20 Sierra Pacific Power Co— 1st & ref 5s 1960 ser A M&S 105 1st 5 Ms ser B 1957 M&S 102 M Silesia Elec Corp s f 6 Ms'46 .F&A f 24 Sioux City Gas & Elec Co— 1st mtge 4s 1966 J&J 99% Serial deb 3s to 1941 J&J 100 Serial deb 5s 1942-46 J&J 100 Sioux City (la) Serv 6sl951.J&J 94 Somerset Lighting 58 1939..F&A 102 Somerset Un & Mlddlessex Ltg— Mtge g 4s Dec 1. 1943—J&D 105M South Bay Consol Water— 1st ref 5s 1950..M&N 73M 78% 101% Springfield City Water— 76.3 76] 62 A 5s'59.A&0 Shawinigan Water & Power Co— IstM&colsf 4Ms'67serA A&O 1st coll tr 4 Ms 68 ser B.M&N 1st coll tr 4Ms ser D '70.A&O 1st coll tr 4s ser F1961 A&O 103 98 111 98 F&A A ser Seneca Power Corp 6s 1946 45 121% 109% 106% 106% Roch Ry cons 5s g 1930....A&O. 2d 5s g 1933 ctfs of dep...J&D f 5s 99 102 85 6% 5s 1949 Second Ave Trac—See Phila Co— 103 M 101 D.M&S ...M&S Gen 3%s series H 1967—M&8 Gen mtge 3 Ms ser 1 1967.M&S Rochester & Lake Ontario Gen mtge 4 Ms 1977 ser 5s series E 1962 g'52.J&J Seattle Gas 1st 5s 1954 Seattle Lighting Co— Rochester Central Power Corp— Deb g 5s 1953 M&S Rochester Gas & Elec Corp— 99 M 104 M 108M D—Q-Jan F 1955-M&S - 103 M 103% 8 J&J Income 3sApr 1 1959 M&N Seattle Elec-Seattle Everett Richmond (Ind) W W Corp— 1st M 5s 1957— -M&N Richmond (S I) Lt & RR— 1st coll tr g 4s 1952 J&J Rio Grande Valley Gas Co—„ 1st mtge 5s 1950— A&O Roanoke G-L 5 Ms 1951—F&A Roanoke Ry & El 5s 1953._F&A ser 105% 102 1st mtge 4s ser A 1956 4s series B1959 111 Power— 1st & coll 4sl962 109% 1st & ref 5s series B1961.F&A Scranton Trans 98% 108% 100% Southwestern Power & Light— Deb g 6s 2022 series A M&S Southwestern ^ M&S Scranton-Spg Brook W ater Serv— 121 110% 104 M 103 M 104 % 103% 104M 133 105M 1st 4Ms 1958 Jersey Gas El & Trac— Guar g 5s Marchl .1953*M&S Public Service Co of Nor 111— 22% Scranton Gas & Water Co— Ry— 63% Southwestern Public Service Co— 1st M s f 6s 1945 ser A J&J 21 % Sayre (Pa) Elec 5s 1947. . - A&O 105 Schenectady Ry 1st 5s Mar 1, '46 / 7M Scioto Val Ry& Prist 6s'43. J&D/ 76 Elizabeth & Trent 5s ser ser F&A 1st M 5s 1957 ser B 102 105M 102 M A&O A. Savannah Elec Co 5s 69 Ellz & Raritan Riv 5s Paterson ser Southwestern Light & Pow Co— 1st M 5s 1957 ser A_. .F&A Savannah Elec & Power Co— Ellz Plalnf & Cent Jersey Ry— 5s Dec 1. 1950—J&J f 5s 1955 Savannah & AtlantaRy— 1st cons 6sMay 1 1935 101M 101 s Co— A&O M&N 1938-1945..M&N Ser deb 4s A *1 63 . ^ 104 M 101 108% 76 : Southwestern Bell Telep— 1st & ref M 3 %s ser B '64 J&D 1st &; ref M 3s ser C 1968.-J&J Southwestern Gas & Elec Co— 1st M 6s 1948. San Jose Water Works 1st mtge 3%s ser A 1961—J&D Santa Barb Tel 3 Ms ser C'66 J&J Sandwich Windsor & Amherstb'g 1st & ref 6s ser O 1961 ..M&N 90 1st 4s series D 1960 M&N/ 1 San Joaquin Lt & Power Corp— Unif & ref 6s 1952 ser B—M&S 131 27 to 96 110% 104% *57-M&N / 1st M sink fund 6%s Debsf 7s 1942 100% 105 % '49--M&S 1st msf 5s 1955 105 & P 5s '46.M&S Prussian Elec 6s 1954. F&A / 22 M Provincial L H 90 Southwestern Assoc Telep 1st M 5s 1961 1115* 105 100 A&O 4% serial notes Apr 15 1939-48. 1st mtge 4s 1963 San Antonio Tr 1st 5s 1960..M&8 Southside Va Pow 5s 1956..F&A Southwest Telep 6s B 1947-M&S 1st 6s series O 1947 J&D Conv deb 6s ser A 1932 J&D 106 102 e 18 Power Co— S'west Nat Gas inc 6s 1966..A&O S'west Pub Serv 6%s 1937-.M&H 103 18 35 Southwest Gas Co (Okla)— 1st s f 6s 1954. M&N 101% 107 % 110 Conv deb 5s ser A 1957—J&D Power Secur coll tr 6s '49_.J&D 98% 112% San Angelo Telep 1st 5s 1958 F&A San Antonio G & E 5s 1949.M&S San Antonio Public Service— 1st ref 6s 1952 series A J&J 107% 108M Power Corp of Canada Ltd— Conv deb 4 %s 1959 Ser B.M&S Southern Utah 110 B—J&J 50 1st lien 68 1937 with warr.A&O Certificates of deposit... Non-cum 6s (ws) 1951..... _ 1944------—M&S 1st & ref 5s 1958 ser 80 A&O 73 1st M 5Ms May 1, Salmon RivPowguSs 1952 F&A Salt River Val Water Users Assn 6s 1939-1943 -F&A 94 101M 16M Southern Union Gas— 1st & ref 5 %s series 11945 103 64 M 90 107 % 96 88 104 Southern United Gas Co— 97% Gen gold 5s 8* 123% Telep 1st 5s 1948-J&D 10-year coll s f 6s 1942...A&O Springf & Peoria RR— opt-.J&D 1st & ref gu g 5s '39 St Paul Gas JLight— 103% 1st M pipe line s f 4 Ms '51 A&O Southern Neb Pow 5 Ms B'47 J&J 104% 106% 105% St Louis 95 (Calif)— M&N Southern Gas Utilities, Inc— 1st M s f 6 %s 1939 ser A.M&S d 100% Southern Natural Gas Corp— 86 Adj mtge inc Jan 1 6s '60.A&O 1st & ref inc 5 Ms ser H'45 A&O 3-4Msserial notes 1939-43-J&J 101 Counties Gas 1st M 4%s 1968 Southern Southern Trac—See Phila Co 100% St Joseph Water 4s A 1966—A&O St Louis Co Gas 1st 5s 1951-A&O 63 96% South N E 113 1947——-—J&D 1st mtge 4 Ms 109% 99% 103% 103% St Clair County Gas & EL— 1st cons guar 5s 1959..—M&S St Joseph Ry. Lt Heat & Power— 23 M 106 109 (ill) 99 100 103 f 4Mb 1979—--J&D Saguenay Elec 5 Ms A 1953 - J&J Saguenay Power 4 %s A 1966 A&O 1st 4%s series B 1966----A&O Serial notes 2%-4s to 46--J&D 103 M 40" Corp—- 1st mtge s 102 101% 100 ,T _ Safe Harbor Water Pow 63 1st M 4%s 1961 series F Potomac El Pow— 1st mtge 3 Ms 1966 101 ——M&N L 5s 46—-A&O A ..A&O Ruhr Gas Corp 6M* *53 Rumford Falls Pow— 41 Southern Colorado Power Co— 1st g 6s 1947 series A J&J Rockland Light & Pow— 40 Portland (Me) RR 3%s 1951 -J&J 1st 1 & con m 5s 1945—M&N Porto Rican Rys Ltd 5s 1962M&N Porto Rico Telep 6s 1944—J&D Postal Teleg & Cable 5s '53.J&J Potomac Edison Co— 1st mtge 5s 1956 ser E...M&N Southern Cities Utilities Co— 1st lien & coll 5s 1958 A&O „ 107% Bid Bonds Ask Rochester & Syracuse RR 5 1st M conv 5s ctfs 1957-M&N'/ 101% Rockford Elec Co 1st 5s 39.M&S Phlla & West Chester Traction—• 1st 4s 1954.. 1st 6s 1954 Phlla & Western Ry 5s Bid Bonds Ask 105% 107% 1st 1st mtge 6s ser 107% 107 A 1956-—-A&O Texas Pow Corp 6s 1956—-M&S General 6 Ms 1956 M&S 96 95 M&S Texas Power & Light— Deb g 6s 2022 ser A J&J 1st & ref 5s 1956 M&N Texas Pub Serv 1st 5s (w-e) 1961 Texas Traction Co 5* 1937—J&J / 3 4 94% 24% 21% 94% 77 79 27 23 89% 70 104% i* 1 ♦Called Jan. 1 at 110. k Last sale, n Nominal, t Called Sept. 1 at 105. b Basis, d Called Sept. 1 at 100%. r Canadian price, x Called Aug. 20 at 102. e Called Aug. 1 at 105. . /This price includes accrued interest. UTILITY BONDS PUBLIC 78 NOTICE—All bond prices are "and interest" except where marked "f" and income and defaulted bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Bid Bonds Third Avenue Ry (New York)— 1st ref g 48 1960 opt aft *14 J&J / Ask Bid Bonds Washington Water Power Co— 38 40 1st ref 5s 1939 op 1st & gen 5s I960-- 8 7% 82 % 90 Union Ry 1st 5s g 1942 F&A Westchester El 1st 5s g '43- J&J 35"" 45 Washtenaw Gas 1st Waterloo Ced Falls & No Ry— 1st M s f g 5s 1940 J&J 84% Certificates of deposit Waukesha Gas & Electric Co— 40 84 56 60 105 % West 48% 105% .--- 55"" 57% 119M - 10 102 103% 3 1 100 101 59% 61 25 60 % 62 108)4 103% 80 J&D 109 104% 92 97 42 55 com J* 27 Class A 106% 109% 109% 6% preferred Arkansas Nat Gas .106 Common 107% 3% 3% 6% non-voting 119% 106% 1st ext 3%b 1956 2d extended 5%s 10 3% 1 50 — - 33 3% 3% common Class A 6% preferred A&O —10 Arkansas Pow & Lt $7 50 1956—M&N 50 A&O 93% -J&J 93% 95% 97% 104% 100 101% . 122% 102% 102% 17 1% 101 8 106% 115 5)4s 1955 1949--J&J 80 70 72 76)4 76 5%to'4lM&N WA m A J&D 105 M&S 105% 104 53% f 6s 1952-j.—-M&N Westmoreland Wat 5s '52--J&D 60 104)4 59 s 60 101% Westphalia United El Pr (Germ) 1st M s f 6s 1953 J&J / Wheeling (W Va) Electric Co— 105M 74 Debg6)4sl974 M&N 1st 1 & consol 5%b 1959--A&0 Deb g 6s 1975 M&N United Lt&Rys(Me)6s A'52 A&O Deb 6s 1973 J&J Un Lt Rys (Del) deb 5%b.52 F&A 103% 74% 108% 73 80 60 109 6%b 1933- 1st M 5s 1960 ser C Williams port Water 102% 22% 23% 1960—J&J United Rys Cos 4% ctfs '49-J&J United Railways of Havana— Eq 7%s Feb 15 1936 F&A / United Rys of St Louis— Gen g 4s July 1 1934 J&J City & Sub Pub Serv 5s '34-J&J 76 30 18 20 20% Ry Bridge— 1943 83 United Telep Del 6s A 1948 A&O United Tel & Tel 5%b A '53-M&N 1st lien 6s ser B 1953-—M&N United Traction (Albany)— Con g 4Kb 2004 J&D f Unit Trac (Pgh)—See Phlla Co Unterelbe Power & Light Co— Sink fd M 6s 1953 A&O Utah Lt & Tr 1st 5s 1944 A_. A&O Utah Power & Light Co— 70 70 J&J M&N Wisconsin mtge 4s 1961 J&D Wolverine Pow adj 4 %b Mar 1 '59 Worcester St Ry 5s A 1947.J&D 3% -Washington Gas Lt 5s *60--M&N Refunding 5s 1958———_J&J Wash Ry & El g 4s 1951——J&D 40 61 59 103% 65% 44% 105% 101% 111% Boston 131 Edison Co 100 50 Ry com.---100 Bridgeport Gas Light Bridgeport Hydraulic Co Brit Col Pow Corp A - - 86 88% 106)4 107 106 % 105% 112% 107% 106% 96% 97% 90 106 53 106% 1254 30% 34% * 20 ♦ 30 Class B 3 t c—25 4% 140 -.100 Brooklyn Edison.. * 11% 33% 2% 9% 50 17% $6 preferred series A —* Bklyn & Queens Transit com * $6 preferred Bklyn Teleg & Messier (gu).100 Brooklyn Union Gas * Buffalo Niagara & East Power— $160 prior preferred 25 S5 1st pref * 21% 100 Cable & Wireless Ltd— Amer dep rec 7)4% A Amer dep rec B ord 106% ord--£l £1 % % 4% Amer dep rets 5)4% pref--—£1 Calif-Oregon Power Co— 6% preferred series of 1927 100 6% preferred i 100 Calif Water Serv 6% pref 100 Canada Nor Pow com —* Canadian Marconi 1 Capital Transit (Wash, DO) 100 Carolina Pow & Light $7 pref —* $6 preferred* Cent Arkan Pub Serv Corp pf 100 Central Elec and Tol com 1 6% preferred 50 Cent Hud G & EI com—. * 60 60 93 r 1% 81* 85* 70c 30 12 100 107 Cent Illinois Light 4 % % pref-100 Cent 111 Pub Serv $6 pref * 56 100 J 29 Birmingham Wat Wks 6% pf_100 Blackstone Vai Gas & El pref-100 106 56 4)4% preferred 22 25 Central N Y Power Corp— 91 Wuerttemberg (Germany)—See Consol Hydro-Elec of Wyoming Vail P S 6s 1971-A&O Yadkin River Pow 1st 5s '41 A&O Cent Indiana Gas 6)4% pref-100 Cent Indiana Power 7% pref 100 Central Maine Pow $6 pref—-100 10 Yonkers Ry—See Third Ave Ry York (Pa) Gas 1st 5s 1941_M&N 101 York Haven Wat&P 1st 5s'51 J&D York Rys 1st Mg 5s '37 opt-J&D 117 79 81% 93% 5s stamped 10.1 % 104 _J&D 53 $6 preferred— $5 preferred-- 21 22% * * Alabama Water Service pref * Allegheny Traction—See Phila Co Allentown Beth Gas pref 50 Amer & Foreign Pow com $7 preferred. * $7 second pref series A * $6 cum pref---—— * 88% 85% 90 94 96 Amer Gas & Elec com 83% 86 $6 preferred Amer Gas & Power com 85% 103 59 * * * ... Traction. 6% preferred- 59 48% 106 108 107% __25 25 Amer Power & Light com 58 * $6 preferred. * $5 preferred-* Amer Public Serv 7 % pref—100 American Service $3 preferred. .* Central States Edison Jentral States Pow & L $7 pf- 56% 58 Cent Vermont Pub Serv 46 48 Central West Co. 57% 4% 20% 10% 16% 110 1% 3% % 14% 23% 5% 36% 21* 10% m 29 110% 2% 5% % 15% 24% 6 32 58 62 107 preferred— 10% n Nominal, x Ex-dividend. pref— ctfs— Chic Dist Elec Generat $6 pref- Chicago Rys partic ctfs ser 1..100 Series 2 ---100 Series 3 —.100 8eries 4 100 Cincinnati Gas & Elec 5% pf 100 Cincinnati Gas Transp 100 Jinc New & Cov Lt & Trac—100 Preferred 100 Jincinnati Street Ry 50 Jincin & Suburb Bell Telep—50 Cities Service com 10 Preferred 100 Preferred B 10 Preferred BB 100 Cities Serv Pr & Lt $6 pref * $7 preferred 100 Citizens' Pass Ry—See Phila R T Citizens Traction—See Phila Co - - -- -- - Citizens Utilities com... 64 - 6% pf- vt c Chic City & Con com part Pref partic ctfs 37% 33% 9% lien Chester Water Serv 5)4% 73 55 k Last sale, 69 1% 45% 91% Preferred Prior 79% 50c Cent & S W Util com 65% 109% /Flat price, 62 100 6% preferred 79 28 Warrants American Light & 89 * pref 100 82 J 81 J Warrants 1st $6 preferred 97 100 5% preferred Cent Ohio Lt & Pow 6% pf Central Pow & Light 7% PUBLIC UTILITY STKS. Alabama Power $7 pref 67 77 64 1947 68 21% 100 $7 preferred 2% 55 109% 1st guar 5s 1949—...A&O City & Sub 5s g 1948 F&A 114 * 58 2t* 53 Birmingham Gas $6 pref 56 20 Anacost & Pot 5s 1949.. -A&O 160 — 52% 92 47)4 117% 100 4 50 23% 90% 57 105% 100 —100 Beverly Gas & Elec 25 Birmingham Elec $7 pref... * $6 preferred. Worcester Transit AssociationCum income 6s 1952——J&D Cum income 6s (w s) 1952-J&D 22 , Wabash Telephone— 1st M 4Ms A 1956 J&J Warren Ohio Telep 6s 1942.M&N Washington Gas & El Co— 1st if 5%b 1947 F&A 1st M 5Ks 1953 J&J 1st M 5s 1955 M&N 1st lien & ref 6s w w 1960-F&A 102% 65% 43% 43% Public Service Corp— 1st _ 1st & ref 5s 1950 ser B—J&D 1st & ref 6s ser C 1952 M&S Deb s f 6s 1946 F&A _ 1st mtge 4s ser A 1966 J&D 4s serial deb June 1 1939-1946- 96% 8 102% Wisconsin Power & Light— 97 81% Deb 6s May 1 2022 M&N 1st lien gen M 5s 1944—F&A 93% 87 1st lien & gen m4%b 1944.F&A Utica Belt Line Street Ry— 7 1st 5s 1939 M&N 119 Utica El L & P 1st 5s 1950 J&J 121 Utica G & El ref & ext 5s *57 J&J Utica & Mohawk Valley Ry— 1st 4%s 1941 1% M&S f Utilities Power & Light Corp— Deb K 5%b 1947 52% J&D Deb 5s 1959 F&A 51% Virginia Electric & Power— 1st & ref M 4s ser A 1955-M&N Virginia Public Service Co— 1st & ref 5%s 1946 ser A—F&A 90 1st mtge 3%b 1st & ref 8s 1944 87 , Utilities Public Service Co— Conv 6s 1933 J&D Vermont LtgCorp 1st 5s'44 A&O Vesten Elec Ry 7s 1947 J&D 102 J&J Fuel& Lt 1st 5s 1948.-M&N Gen & ref 7s 1947 68% 68% 101 104% F&A 1966 A&O Wisconsin Hydro-Elec Co— 1st M 5s 1947 -A&O Wisconsin Michigan Power Colst mtge 3%b 1961 J&J 22% Wisconsin Minn Light & Power 1st & ref 5s 1944 opt '19—M&N 21% 77% 19% 121 com Bklyn Manhat Transit Wisconsin Gas & Electric— United Securities Co— f 5%s ser A 1952-M&N f 5%b ser B 1952. _M&N 107% 104% A&O Gen inc 4-5s ser B 1965 Wise Conv colltr 5Hb B 5s Winnipeg Elec 1st 4%s 1960-J&J Gen 4-5s series A 1965 J&J 2% 1% 81 J&J F&A M&N 106 Wilmington 1st 10;P 100 Brockton Gas Light Co v Co 1st M 5s Aug 1952 ser A—. 77% 81% United Public Service Co— A&O f 1st M 5s 1941 opt M&N Wichita Water 6s 1949--—-M&S 1st M 5s 1956 ser B 104% 74% 89 Brazilian Tr Lt & Pow ord—-—* , F&A 34 5 Bell Telephone (Canada). ; Bell Telep of Pa 8)4% pref Boston Elevated Western Utilities Corp— 102 31 - 93% 87% 15-year 1|2 24 pref. .100 v t c Beauharnois Power 83 3% 7% 5% 5% 6% 2 Atlanta Gas Light 6% Preferred 71 104= M&N 1957 ser :: Bangor Hydro Elec com -25 7% pi ere. red -100 6% preferred-100 Baton Rouge Elec Oo $6 pf *l Telegraph—- 1st 5s series B $6)4 preferred--—----$7 preferred Option warrants Assoc Telep Co Ltd $1.25 pf Assoc Telep & Teleg |6 pref— 17 1st preferred 100 $4 preferred-— . Western United Gas & Elec Co— 1st - Abantic City Elec $6 pref-—.. Bait Transit Co v t c 100% Fdg& REM4)4sg'50-M&N 25-year g 5s 1951.—J&D 30-year 5s Mar 1 1960-- M&S Mut Un 6s ext at 3 !4 preferred---—5 preferred-6 preferred Class A— 107 Western Public Service Co—_ 1st & ref 5%s 1960 F&A Western States Util 6s A '45-A&O Union 6?% O. iginal preferred A&O/ 15 % Western Cont Util 6s 1944.-M&S / 100 Western Lt & Telep 5s 1954. A&O Western 103 - Associated Gas & Elec com Common class A 70 - 40 77% pref 6% preferred 4s 1948-1953 Deb 8 f 6s extd 1950 Western Pow (Can; 6s United Light & Power Co— Edison M&S J&J West Penn Power— 1st M 5s 1963 series E 1st M 4s 1961 series H 94% 95 45 United Elec Rys (Providence)— Gen ref M 5s Jan 1951 sor A— Gen ref M 4s Jan 1951 ser B— United Elec Serv (Italy)— Ertl 1st s f 7s 1956 ser A.-J&D United Gas & Fuel (Hamilton)— 1st s f 5%a 1948 J&J United Ilium Co New Haven— 6 Basis. 87* 103 94 — Preferred Arkansas Missouri Power— 52)4 1st lien 5%b 1942 M&S 15 Unit Elec Co of N J 4s *49—J&D value. 44 1st M 5s 1951M&N 1st 5s series B 1950——. J&J Union Water Wks Co— No par Arizona 102% 105% _ ♦ 25 com 101% 3%% coup notes 1946 J&D Western N Y Utilities 5s '46. J&D Western N Y Water Co— 1st M 5 )4s 1950 M&N 97 Union Ry—See Third Ave Ry Union Traction—See Phlla R T Union Water Service Co— First lien 5%b '51 ser A.M&N • / 100)4 Union Gas System— £ 1st M & coll s f 5s 1948... J&D Union Passenger Railway— 1st 4s Mar 31 1961 A&O 2d ext 4s Mar 31 1960 A&O Union Pub Serv (Del) 6s '39-J&D United Pub Util Corp— Conv coll tr 6s A 1960 * com Arkansas Natural Gas Corp mtge3)4s gtd 1967J&J Westchester Serv Corp— 97 1st serial 4s 1939-42 -J&D 1st serial 4%e 1943-45—-J&D 1st 4 %s 1950 J&D s 99 Western Mass Cos— 1938.. Amer Utilities Service Amer Wat Wks & Elec Arizona Power $6 preferred 1st mtge 4s 1961 A&O Westchester Elec—See 3d Ave Ry Westchester Lt 1st g 5s *50--J&D Union Gas Co. of Canada— Coll 97% Gen Union Elev RR—See N W Elev Union Gas & El 1st ext 5s '40M&S s J&J 1953.J&J 16 141% 100 - Ry—See Boston El West End Trac—See Phlla Co Bridge 3% -6 )4s, 1960 West Va Water Service— 24)4 21 % 1st mtge & coll tr 354 s 1962 J&J 3% notes,1942 J&J Coll Conv deb 6%b 1945 West Coast Telep 5s A Preferred $6 series Telep & Teleg American $6 1st preferred Appalachian El Pow 7% pref 6% preferred 91 West Virginia Ohio River Union Elec Co of Missouri— A.. 95 w w West Texas Utilities Co— 1st M 5s 1957 ser A 104)4 1st 1 & ref 5)4s 1945 Ser A.M&S Tyrol Hydro-Elec Pow Co—lit M s f 7Hb 1955 M&N Guar s f 7s 1952_ __F&A Ujlgawa Elec Power (Japan)— 1st M s f 7s 1945——M&S15 ser Hydro-Elec— 1950--J&J A $ 60 - 8% 8% 95 ' 1% 25 _ 59% 59% Twin States Gas & Electric—• Colltr 6s 1942 93 ser Preferred Amer Superpower Corp com First $6 preferred 1st M 3)48 ser I 1966 J&J West Penn Tr 1st 5s 1960—J&D West Phila Pass Ry— 40 General 6s 1941 J&D Tri-County Telep 4)ub B *56 A&O Troy City Ry 1st cons 5s '42 A&O Troy Gas Co 1st 6s 1939--M&N 2d Cs 1939 F&A Twin City Rapid Transit Co— 1st lien & ref 5%b A 1952J&D 1st lien & ref 5 Hs B I952-.J&J 1st 4s Feb 1 1940 105% 1 6% preferred —J&J West Ohio Gas 6s A 1954—-J&D West Penn Elec deb 5s 2030-A&0 50 Trent'n Pass Ry 1st ext 6s'61 A&O Trenton St Ry ext 6s 1968--J&J 3%s 104 West End St 1st 4s new 1942 Traction Term'l Corp 5s '57—J&J Trenton G & El g 5s 1949. _M&S 1st serial J 7% 7% 1959 5s 1st 6s 48 % / Canadian 1st Tokyo Elec Light Co (Japan)-— 1st g 6s 1953 series—J&D15 Toledo Edison 5s 1962 M&N 103% 105% 90% J&J 5s 1953--J&J 68 Yonkors Ry 1st 5s 1946--A&O Tide Water Power 1st 5s '79-F&A Toho Electric Power (Japan)-— 1st s f 7s 1955 sor A-.-M&S15 Amer States Utility com J&J Adj incg6sJan 1960 opt. _A&0 Third Ave RR 1st 5s g37-_J&J Bid Bonds Ask _ —1 i* 98 1% 87% 107 97 85 98% 100 95 75 3% 3% 84 85 9% 40% 3% 41 35 40 50 52% 52 55 2% 9% 4% 2% Aug., 1938] Stocks Par Bid Citizens Water Co of Wash (Pa)— i 7% preferred 100 City Water Co (Chat) pref 100 City Water (New Castle) pref Cleve Elec Ilium are as near as Ask Stocks 100 101 $6 preferred 39% u - 100 22 106 jy* 43 63 100 54 Columbus Delaware & Marion 7% preferred 100 Columbus & Southern Ohio Elec Phila Franklin Telegraph (guar) —100 Gandy Bridge common --* Gardner Elec Light common. 100 Preferred 100 Gary Elec & Gas common --* Gas & Elec of Bergen County. 100 Frankfd & 54% 68 6% preferred A 100 6%% preferred B 100 Commonwealth Edison Co 25 Commonwealth Gas 1 Commonwealth & Sou Corp com * Optional warrants 109% 102% Gas Utilities Co Rights 37% 97 15 22 34 53* 72 28% 99% "H "% 23 71% 99 116 13* 29 18H 95 LOO * • Hestonville M 61% 1 10' 18 60c 30% 7 2% 22 n * * * 3 _* d pref series §6 preferred A Internat Hydro-El Syst A Conv pref $3.50 series * * El Paso Electric Co (Del) 1st preferred Internat Power Securities 28% Units 3 100 Preferred-. Warrants 83 24 106 24% Eliz & Trenton RR com Preferred — 50 50 Eliz Consolidated Gas 100 Empire & Bay State Tel (gu) 100 Empire District Elec 6% pf-.lOO Empire Gas & Fuel Co pf 8% .100 Preferred 7% 100 6%% preferred 100 6% preferred 100 Empire Power Corp partic stk._* k 56 preferred * Empire Telephone com * 6% Preferred.. -25 Engineers Pub Serv com1 55 convertible preferred * 55 % pref (with warrants) * 56 preferred— * Essex Company......... 50 Essex & Hudson Gas 100 50 60 90 185 109 • Without par value, 1O0 100 * 58" 52 53% 51% 53 Common 68 60 65 63 190 P 79 % If* 6% i8M 60* 6% 6% 17 July 65 79 25 22* 27 9% 9% % 24 % 9% 9% 9% to* Juiy^22 6% 6% 6% 5 * 11 12 24 27 51 49 54% 103% 3% 32 % 31 * Preferred ....100 Jamaica Water Supp 7% % pf__50 Jersey Cent Pow & Lt 7% pf.100 6% preferred 100 5%% preferred i—.100 Kansas City Power & Light— 1st pref $6 series B ♦ Kansas City Pub Serv.... * k Last sale, n Nominal, r 67 % 4 15 1% 1% % 55% 105% 3% 34 33 81 6% pref series 1921 100 Minnesota Pow & Lt 7% pref 100 $6 cum preferred 100 Mississippi Power $6 pref .._* $7 preferred .* * * 10 100 100 * com. 5% preferred 6% preferred Montana Power 6% pref Montreal L H & Pow Cons * Montreal Telegraph ..40 Montreal Tramways com 100 Mountain Fuel Supply ..10 Mountain States Power com—* 7% preferred -100 Mountain States Tel & Tel..100 Montana Power 6% pref * Nassau & Suffolk 7% pref 100 National City Lines com 1 58 77 100 104 % Brunswick Heat & Power 12 49 51 6% 6% 1 % 1% X 78 % 2 - 75 64 50 53% 59% 112 % 89% 3% 25 5H 60 66 95% 30% 56% 75 5 26* 117 10 3% Preferred ..200 Newark Consolidated Gas.. 100 New Bedford Gas & Edison Lt-25 New 6 ?i* si* National Power & Light com...* $6 preferred .._* Nebraska Power 7% 1st pref 100 6% preferred 100 Nevada-Calif Electric com....100 Mar !§* 40 3% 7 62 63 109% 100% 111% 103 9 49 53 128 55 Light— J 00 $5% preferred stamped ;_* ♦ 6% preferred 100 $2 preferred * New England Pow Co $6 pref.100 New England Pub Ser com * $7 prior preferred... * 6 preferred, ss* * ..* 6 prior pref.. ...._.* New England Tel & Tel 100 New Haven Water ..50 New Jersey Pow & Lt $6 pref * New Jersey Water pref 100 com 6% preferred 120% 127 17% 19% 11 52% 53" 16 18 129 131 2 2% t New stock. * Ex-dividend. 33% 35 13 11 12 29 29% 105 no 74% 76% 94 96 93 97 5 50 % Canadian price, 16 28 120 97 New Eng Gas & Elec Assn— New Mexico Gas P 61% 50 83 conv preferred National Gas & Elec com.... !7 preferred 7 66 102 12 38 53" 3% 1% % 5% 1% 1% % 36 2% 26 * preferred series A United com... conv Convertible pref A * Midland Util 7% prior lien.. 100 6% prior lien ...100 7% preferred class A .100 6% preferred class A 100 Milw Elec Ry & Light— New Eng Pow Assn com— 7% pref. .100 6% preferred. 100 Italian Superpower common A._* 68 ♦ 6% % Montana Dakota Utilities o 29% * 8% 6% 6 97% «32 Jamaica Pub Service Ltd.. t Called Oct. 15 at 110. 100 - 96% 15 Iowa Southern Util $5 cum preferred * 86 preferred series C .♦ 86 prior preferred * 7% prior preferred * Mexican Northern Ry com...100 Preferred -.—.100 Monongahela L & P—See PhilaOo Monongahela St Ry—See PhilaOo Monon-West Penn P S 7% pref 25 .... 54 t C--1 92 * 50 52 Iowa Electric 6%s pref 100 51 Iowa El Lt & Pow 6% pref-.100 49% July 20 20% 7% preferred 100 61 63 Iowa Power & Lt 7% pref... 100 4% 5% lo wa Pub Serv $6 pref * 12 6%% preferred ♦ "6 .*/ preferred 5% ♦ 59 63 v 5% conv partic preferred--.50 Memphis Natural Gas * 7% preferred * Memphis Power & Light $7 pf. * $6 preferred » Metropolitan Edison Co— 90 * Interstate Natural Gas Interstate Power pref 87 86 preferred Investors Telephone com 14 1 Missouri Pow & Lt $6 pref Missouri Pub Service com 1 _* 3 19 * Mississippi Valley Utilities * Class B 93" * * Mississippi Riv Pow 6% pref. 100 20 ..... SI .75 preferred S3.50 prior preferred Warrants series of 1940 94" 8 European Elec class A ...10 "8% k Option warrants % July 14 Fairm't Pk & Hadd Pass Ry—See Phila R T Fall River Elec Light 46 49 25 Fall River Gas Works 25 Federal Light & Tr com .15 Preferred (56) * Federal Power & Light com.—50 108 corn- International Utilities A 50 49 50% 100 International Telep & Teleg Foreign share ctfs 515 Elizabethtown Water Cons...100 50 International Ry vtc Internat Teleg of Me (gu) — 100 100 25 Internat Ocean Teleg (guar)-.100 International Power Co.. * 4% Preferred series A 7% El Paso Nat Gas com 57 100 Warrants 39 % 36 % Optional warrants .100 43 _.* Miss Power & Light 6% pref ......100 Indianapolis Ry Co v t c Interboro Rapid Transit.. 11% * is* 90 100 6%% preferred 8% 3% 3% 57 preferred j 100 6% preferred 56 % 51 Elec Power Association 109 Indiana Tel Corp Indianapolis Power & Light— 22% 2% 9 ; 18 86 Service— 7% preferred 60c" * Midland pf-100 * 6% preferred 21 Class A full paidElec Power & Light Corp 105 100 General 106*- Light Associat'n— 112 Indiana Hydro Elec 7% pref_100 Indiana Service Co 6% pref..100 AH 56 preferred...... 55 preferred ■ Indiana 71 66 pref * Francisco) .100 7 % prior preferred Middle West Corp com.. Warrants Middle West Utilities—• — 7% preferred 26% 86% 17% f1 ...... $6 preferred..50 Illinois Water Serv 6% pref.-100 Illuminating Shares class A * Indiana & Michigan Elec— 43% si* Michigan Gas & Elec— 50 $7 junior preferred Illinois Power & Light— v' Electric Bond & Share common Illinois North Utilities 6% 2% 6% preferred 100 4%% prior preferred 100 Ry com 100 6% 1st pref stamped 100 6% pref B stock ...100 5% adjustment stock 100 East Shore Pub Serv 6%% Pf 100 6% preferred 100 Eastern States Corp com * 57 preferred series A * ... 21 100 . 118? 82 113% 10% * 50 5% Preferred 120 Eastern Mass St Conv stock.. 8% Arrears certificates 4 com Eastern Util Assoc com. 34 Huntington Water 7 % pref Idaho Power 7% pref 100 6% 1st preferred 111 Commercial Telep $6 pref—.* Illinois Iowa Power 5 East Coast Public Service v t C- -1 East Middlesex Street Ry 100 56 preferred series B Eastern States Gas % -.10 Preferred Hudson County Gas • 74 Mass Utilities Associates F—See PhilaRT Houston Lt & Power $6 pref— Houston Natural Gas com 17% r* Duquesne Nat Gas common $4 preferred _• 55 preferred * Duquesne Light—See Phila Co— * 25 & 5 Warrants 25 Holyoke Water Power Ik* 30 107" 100 mo 58% 100 1 99 73 $2 Preferred Havana Elec & Util $5 pref.i—* Haverhill Elec Co 25 Haverhill Gas Light 25 107 72 100 Common with warrants Common without warrants ——1 —100 6% preferred it* 22 34 Lynn Gas & Elec Co 25 Mackay Companies 4% pref..100 Mass Power & 50 25 Preferred Havana Elec Ry com 25" 100 — 102 97 26 100 6% preferred 100 6% prior preferred 100 6% non-cum 2d preferred-.100 100 common Hartford Electric Light Hartford Gas com 31 37 * 100 6% preferred. ..100 7% preferred.., 100 Louisville Railway Co 100 Preferred 100 Lowell Electric Light 25 Luzerne Co Gas & El $6 pref. 100 7% preferred loo Market St Ry(San 25 * Harrisburg Rys 1% 93 114 6% pref...-100 Detroit Edison. 40 1 27 * ... Marion (Ohio) Water 7s pref__100 Marion Reserve Pow $5 ^ Hamilton Bridge Preferred Hamilton Gas common vtc Corp.... Amer dep rets for ord shs 90 25 7% pref class A.... * Diamond State Tel pref S5.50 pref Backensack Water 90 70 Commun'y— Gulf States Util $6 pref 73% 30 8 25 Green Mt Pow Corn $6 pref—* Greenwich Gas $1.25 pref--..-* Greenwich Wat. & Gas 6% pf-100 Gulf Power $6 preferred * 96% 104 Maiden Electric Co 25 Maiden & Melrose Gas Lt 25 Manhattan Railway 7% guar 100 Modified 5% guar 100 Marcon Int Marine 75 69 Gold & Stock Telep (guar).—.100 Green & Coates—See Phila R T 25 179% 94% 6% 32% 1 * Gloucester Elec Lt Co 180 95 % 87 % * Eastern Gas & Fuel Assoc's 74% 98% r Allied'Corp"$6 pref- Georgia Power $6 preferred * $5 preferred * Georgia Pow & Lt $6 pref-...--* Germantown Pass—See PhilaRT 50 Derby Gas & Klec $7 pref Detroit & Canada Tunnel Duluth Superior Transit com Gen Telep 114 28 50 J8* liH * 20 Gen Wat Gas & Elec com A i|% 6 2 * S3 preferred 13 * 100 Duke Power 48 83% 101 Louisiana Power & Light $6 pf.* Louisv Gas & Elec com cl A * 32 —- Corp com 100 .100 6%% preferred Long Island Lighting com... 7% preferred A 6% preferred B $3 conv preferred Warrants r % 55 118 : 7% prior preferred 100 Continen Pass Rv—See Phila R T Crescent Public Service com 1 Cuban Telephone pref 100 Cumberland Gas com vtc 1 Cumberland Co (Maine) Power & Lt 6% pref 100 5% % preferred 100 Dallas Power & Light 7 % pref 100 6% preferred * Danbury & Bethel G & E pf.._25 Dayton Pow & Lt 4 % % pref. 100 Detroit City Gas 36 1 * com $6 preferred 5 % preferred Gen Telephone Lone Star Gas * * Corp 94 109 6% preferred 100 7% preferred 100 Kentucky Utilities 6% pref.. 100 7% Junior preferred 50 Keystone Pub Serv $2.80 pref. * Keystone Telephone $4 pref—-50 Key West Elec 7 % pref 100 Kings Co Ltg 7% pref 100 5% preferred 100 Laclede Gas Light 100 5% preferred 100 Lawrence Gas & Elec Lt ,..25 Preferred . General Pub Util common 46 Consolidated Gas Utilities com.l Cons Trac of N J—See P S Corp Cons Trac (Pittsb)—See Phila Co Tramway Gen Public Service 106 Lexington Util 6 % % pref 25 Lexington Wat Serv 7% pref.... Light & Pow Securities Co * - .....100 (Del) com A..* Elec Gen Italian Edison Elec Corp— Amer shs for ordinary stock. if 115 * Preferred 24 115 46 Connecticut Light & Power 5%% preferred-.. -----100 Connecticut Power 25 Connecticut Ry & Lighting... 100 4%% preferred 100 Consol Elec & Gas $6 pref * Cons Gas E JL & P (Bait) 5% preferred series A 100 Denver if 25 15 2% 12 5% prior preferred—..——_* 86 cum conv pref ser A— * 86 conv pref ser B * $7 preferred * 88 preferred ————* 95 7% preferred * Concord Elec Co 6% pref 100 Common .....* Conn Gas & Coke Sec pref • Common Consumers Gas (Reading).—25 Consumers Gas (Toronto) 100 Consumers Power 55 pref ♦ 54.50 preferred * Continental Gas & Electric— ' 6% preferred Commonwealth Water & Light— 6% preferred--. * 7% preferred * Community Pow & Lt com * First preferred 6% 100 Community Pub Ser com v t c_25 Community Water Uerv com 1 _ * * Gen Gas & -* Cons Edison Co of N Y com 55 preferred Consol Gas Co (Pgh) pref S'thwark—see Gatineau Power com..— 26 . Bid 100 100 Kansas Gas & Elec 7% pref.. 100 6% preferred 100 Kansas Power Co 6 % pref Kansas Power & Light— 7 % pref.. 100 Florida Power & Lt $7 pref * Foreign Light & Power units-... 67% Par 7% preferred * * Florida Power Corp 7% 66 Stocks Kansas Elec Pow 6% pref F.aefa-VE.^Liihtrrso « 23 104 „ 79 Ask Federal Water Service com A__* Coast Co Gas & El 1st pref.-100 Oolum G & El Corp (Del) com..* 6% preferred series A 100 5% preferred 100 $6 preferred Bid $6% preferred 38 * conv preferred STOCKS possible for the closing day of the month preceding the date of issue Fed St & Pleasant Val—See Phila ..* common 54.50 preferred Cleveland Railway 5% UTILITY PUBLIC Quotations for all securities 33 " 35" UTILITY STOCKS PUBLIC 80 closing day of the month preceding the date of Issue Quotations for >11 securities are as near as possible for the Par Stocks Bid Ask * 6 81 Newport Elec 6% pref--—jvJRR New Rochelle Water 7% pref 100 N Y Mutual Telegraph (guar) - .25 N Y City Omnibus common....* Option warrants-...... N YPow & Lt Corp $6 pref—...* 90 82 95 New Orleans Pub. 7% Serv com preferred 36 103% 95% 106 20 25 100 19 20 N Y Water Serv 6% pref % 4% m Niagara Huds >n Power-10 1st pref $5 series—.——100 2d pref 5% series—........100 Class A option warrants—..... nias* B option warrants North American Co com---—--* 6% preferred —50 North Amer Edison 16 pref ♦ North Amer Light & Pow——1 $6 preferred * North Amer Utility Securities...* North Boston Ltg Prop com....* 84 % 21% 54% 98 IX 40% aI* 42 1 34 100 North Texas Co (Del)-.—.-10 Northeastern Wat & Elec com..* $4 preferred * Northern Indiana Pub Serv— 6% preferred 100 V 7% preferred 100 5%% preferred. ......100 Northern Mnerties Gas ---.25 Northern N Y Util 7% pref.-.100 Northern Oklahoma Gas com—1 Nor States Power (Del) cl A -100 21% 55% 96 X 3J* ■" 7 40 JH fi 73 79 81 54% Public Serv El 8c G $5 pref Public Util Hold $3 pref 82 84 85 95 X 101 97 102% 34 32 1 26 104 95 9% 34% 100% ...* 108% 58" 85 100 18 27 30% 27% 40 108 61 7 6 * 18 —100 112 100 preferred- 142 El—100 Lt com..—* Peninsular Telep Co com * Preferred -—-100 19 121% 12 r 5 10 24% 111 26% 115 Edison— 2 Warrants— $5 preferred Pennsylvania State Water. pref. Pennsylvania Telep 6% pf—100 Pennsylvania Water 8c Pow * * Preferred B............1 ■ Scrip...—— ... —.25 Peoples Water & Gas $6 pref. .100 Peoria Water Works 7% pref.100 Phila City Pass—See Phila R T Philadelphia Co com—..—_._* $5 preferred ————* 6% cum preferred 50 $6 cum pref * Allegheny Traction 50 Traction —50 Consolidated Trac pref 50 Duquesne Light 5% 1st pref 100 Val...25 Monongahela Lt & Pow..—50 Monongahela St Ry 50 Phila 8c Darby—See Phila R T Phila & Grays—See Phila R T Philadelphia Elec Co com ..* $5 preferred ....._* Phila Elec Power 8% pref 25 Federal St & Pleasant Without par value* 7% 26% 28 46 48 10 14 31 44% 33% 103" 103% 104 105 92% 93% 82 86 76 78 'mm mm 110 67 64 110 VY 34% 1% 1% 35% 44 9% 53 2 2 10 58 99 5% 34% .... 7 6% 61 35 66% 16" 4 115% 116" 3 54 10 29% 3-16 % 30 24 7% 100 56% 5% San Antonio 29% 118 30% % 87 1st $5 $5 preferred » 107 United 111 Co of New Haven..._* United Lt & Pr com A....—Ill* 110 B ... 7%^eferredT—I—II——IlOO United Service Corp.. 1 _ com A--.......* 57 preferred 117% 115 122 Non-voting 104% 70 110 * Class B 110 111 22 Utilities Power & Lt cl A 24 common Shawlnigan Water & Power * Shenango Valley Water pref..100 Sierra Pac Elec 6% pref 100 Sierra Pacific Pow common * Preferred 100 Sioux City Gas 8c El $7 pref-100 Amer Utilities com 50c $4 preferred ...—---60 South Bay Concol Water pref.100 Sou Carolina El & Gas 7% pf__100 South Carolina Power 6% pref..* South Pittsburgh Water— 6% preferred-.—.... -.100 7% preferred 100 Southeastern Gas 8c Water A—* Common.. -——-._.* Southeastern Pow 8c Lt— SI 4% 2% 3% 1 96% 12% 88% % • 6 47" .25 25 cum preferred preferred 40 » 11 112% 67% 60 21 99% 600" 111% 98 19 84 ......100 ....100 West Penn Power 7% 6% 90 pref....100 120 preferred 100 116% West Phila Pass—See Phila R T 91 % 4 10 82 52 West Texas Utilities $6 pref.—..* West Va Ohio River 80% Bridge— 3 Common Preferred-. 10 ...... 20c 40c 2c 10c West Va Water Serv 6% pref.._ Western Lt & Tel com 1 81 Preferred 25 Western Massachusetts Cos.—.* 103% 112% 22 Western N Y Water pref Western Union * 1.00 30 6 100 31% 100 100 * Telegraph-. 100% Western United Gas & Elec— 6% preferred 1% Warrants cum 6% 13% 104 103 "III 00 .100 100 Washington Wat Pow 6% pref--* West Coast Telep pref 25 7% - 105 102 3 - Elec 7% pref Wash (D O) Ry & El com Preferred West Penn Elec Co class A.... 22 21 18% 30 1 ifi Wash Gas iP 9% 10 50 —..1 .... 1% 1 1% 40c 1 7% cum pref. 100 Virginia Elec & Power— $6 preferred .._* Virginia Pub Serv 7% pref-.-100 6% preferred.100 Washington (D O) Gas Light.—* 96 80 i 37 $6 preferred... ........ 116% 100 78 30c 1 ... 10c * 25* cum $2.75 preferred -...—.—.* $3 preferred... • Script United Tel & Elec 6% pref...100 7% preferred 100 Utah Power & Light— 105 90c .* 2% * . Class B common..... 67 64 2d preferred ....-* Second Ave RR Cop (NY) * 2d & 3d Sts Ry—See Phlla R T ... 6%% preferred 15 23 23% 25% 27% South Calif Edison common % 10 Improvement—.I* United Pub Util 10 108 * Seattle Gas common 4 Public 115 103% 100 ..100 Scranton Electric $6 pref Scranton-Spring Brook Water Service 6% pref Scranton Transit common.- 96 74 95% San Diego preferred 8% preferred 72 ..—II* 1st pref .—.II* United Light & Ry 6% pref 100 Pub Serv 8°& pf 100 7% % 40 100 United Gas & El (N J) 5% pf.100 Corp com.. 1 6% 110 9 Cons Gas & Electric— 7% preferred 100 San Joaquin Lt & Power— 7% prior preferred.—100 6% prior preferred 100 Savannah El & Pow 6% pref.ion 3 23 United Gas Common 94% 94% 85% _* * St Louis Pub Serv common 75% Preferred $5 preferred. 60 6% preferred series O 100 6% preferred series D 100 5% preferred series E 100 Roch Telep $6% pref. -.10u Rockland Light & Power 10 St Joseph Ry Lt & Pr 5% pf--100 St Joseph Water 6% pref—— 100 St Louis County Water pref-.100 6 : United Gas & Elec (Conn) com.* tt : # 8^ ..... United Gas 32 32 50 50 Riverside Traction. Preferred Rochester Gas 8c Electric—f Warrants Warrants % 1 8 Ho Preferred..... 1 50 Union Pass—See Phila R T Union St Ry (New Bedford)..100 5 m Rio Grande Valley Gas v t c 106% 104% 13% —.100 100 $7 pref series A— 31% 4% 29% Union Traction—See Phila R T United Corp $3 cum preferred-—....—...» 75 Southern & Atlantic Teleg (gu) 60 20 4% South 87% 40 People's G L & O (Chid—. 100 Peoples Light & Power Co A—.1 Preferred 1% 7 com... Pennsylvania Edison Co— $2.80 preferred $5 preferred -— Pennsylvania Gas common-—--* Penna Gas & Elec Corp $7 pref—* Partic class A stock * Penna Gas & Elec Co 7% pref.100 Pennsylvania Power 6% pref. 100 6.60% preferred100 Pennsylvania Pow & Lt $7 pref_* $6 preferred— —* Common class 4 % Warrants B— El wmm-m rnrn 19" 41 ; 84 103 _ 17% 22% '7,:.'? 75 55% Rhine-Westphalia Elec Pow— Amer shares representing com. Rhode Isld Pub Serv $2 pref—* OlStSS Amum 96 Ridge Ave Pass—See Phila R T 18 7% preferred 6% preferred 120 17" * Quebec Power common * Queens Borough G & E 6% pf 100 Radio Corp of Amer * $5 preferred B * $3.50 conv 1st pref.i * Rapid Transit Ry—See P 8 Corp Republic Nat Gas com 1 100 Union Gas (Canada) Union Gas System com 85 40 * 24 104% 93% 100 o% preferred-. —.100 Tw n States Gas EI 7% preflOO Twin City Rapid Transit-. * 7% preferred 100 Union Electric Co of Missouri— 195" 94 95% 84% 2% „ 43% 115% * . 110% 96% 83 100 Puget Sound Pr & Lt $6 pref $5 prior preferred 120% 190 5c 10 6% preferred 120 113% 81 139 109 J--100 7% preferi ed 1st preferred Pacific Telep & Teleg 135 ' 95 73H * l Toledo-Edison pref A 7% 90 39% -.100 _ Texas Power & Lt 7% pref—100 6% preferred —.—.._* Third Avenue Ry (NY) 100 13th 8c 15th Sts—See Phila R T Tidewater Power 6% pref * 30% 119% Rapid Transit St Ry Co—100 7% preferred Preferred-...—.-——--100 r 99 15 Pacific & Atlantic Tel (gu) 25 26% Pacific Gas & Electric-. 25 29% 1st preferred (6%)-——25 27% 1st preferred (5%%) --25 39% Pacific Lighting Corp com .* 107% Preferred ($6) * 57% Pacific Pow & Lt 7% pref 100 Penn Western Gas & - 24% 101% 29% So Jersey Gas & Elec Trac.-100 Public Serv of Okla 6% pref..100 58 X 24 A com * 103 Oklahoma Gas & Elec 7% preflOO 90 6% preferred .....100 9 Okla Nat Gas Corp com —15 33% $3 preferred— —50 99X 6% conv preferred -.-.100 Omaha & Council Bluffs Railway & Bridge 4% cum pref.—iOO 17% Omnibus Corp v t c ----* 102 8% conv preferred A 100 95 Orange & Rockland El 7% pf_100 53 Oregon Wash Water pref.. * 82 Ottawa Light Heat & Pow..-100 r • Consolidated Trac of N 57 112% 40 54 $3.50 preferred 87 103 Ohio Water Service Citizens 32% 8% preferred 7% preferred 6% preferred $5 preferred 96% 103 8 24 ---* * -100 100 ——100 * 56% 98 83 100% $6 pref-* $5 preferred Public Serv Corp of N J---- 23 16 95% ———.100 7% preferred —100 Ohio Service Holding com 1 5% preferred .........—5 Ohio valley Gas com 1 ■ $6 preferred Public Serv Co of N H 59% 102 6% preferred Public Serv of Lnd $7 29 46 108 39 2% 99 100 5% cum 1st preferred Terre Haute Elec 6% pref Texas Electric Ry Texas Elec Service $6 pref Texas Gas Util com Texas Hydro Elec— 17 101 109" 100 100 114 100 prior pref..* -* 7 100 preferred 1st preferred (6%)— 100 , 23 ,56 3 15% 7% 76 106 \ ♦ . 114% * 6% preferred 48 97 31% Oblo Edison $6 pref----..-----* %7 preferred ....-_.* Ohio Elec Power 6% pref 100 7% preferred.. 100 Ohio Power 6% pref 100 Ohio Public Service 5% pref-100 5%% 1st preferred-.-. —100 Penn-Ohio 100 pref—100 8% 18% 1 Tennessee El P 1st pref (7%)-100 7.2% 1st 106 Public Elec Light 6% Pref 100 7o Public Serv of Colo 7% pref-.100 % 61 7% preferred 100 Northwestern Telegraph (guar) 50 NY PA NJ Utilities $3 pref * Pecos Valley I'ow A 7% preferred "M * Preferred I.I—I* Suburban Rapid Transit St Ry.50 Superior Wat U & i>ow 7% pflOO Swiss Amer Elec 6% pref....... Tacoma Ry & Pow Co..:....._* Tacony-Palmyra Bridge— 5% conv preferred —100 Tampa Elec Co * 4 2% 2% 97% 50 Postal Teleg 8c Cable 7% pref 100 Potomac Edison Co 6% pref--100 Potomac Elec Pow 6% 3% 25% 2% 9% ._* cum .... 84 24 12 56 Pacific Public ServiceCommon non-voting / 12" 37 Paterson & Passaic Gas & 100 —100 pwf 100 11 -.—----100 6% pref 7% prior preferred Portland Gas 8c Coke 7% Portland Gas Light 10 6% pref-100 7% prior lien. 3 2 Providence Gas.. 51% 21 79 1% 74% 93 * prior pref Standard IPow & Lt com... Class B 93 40 56 N'western Pub Serv 17 W* 97 45 20 $6 110% 64 preferred--—.....-.-100 preferred--.--------—.100 27 27 16 2% 5%% preferred —100 Power Corp of Canada com * (Minn) $5 series cum pref..--* Northwest Electric 7 % pref—100 North West UtU 7% pref——100 6% 28 24 -* — 15 * com Standard Gas 8c Elec com $7 cum prior pref....... $4 cum preferred 6% 62 . 7% Water. Portland Elec Pow 6% 42 7i% Union 11 29 Springfd (Mass) St Ry Cos pf 100 _ Plain field So western States Tel 6 ;v 24 Phila Southwest Cons Gas Util com... 1 Southwest Gas (Okla) 7% preflOO Southwest Nat Gas $6 pref... .10 Springfield City Water 6% pf 100 Springfield Gas 8c Elec pref—..* Springfield Gas Lt Co —..25 24 Phlla Traction—See Phila R T Pittsburgh Suburban Water—^ $5.50 preferred -.100 50 1% 3* 18 8 Pass guar -50 Phila Suburban Wat 6% pf—100 West Corp 11 3 Traction 50 Ridge Ave Pass ($28 pd)---50 1% 24 it* Philadelphia iB 14 \l Bid Par So Jer G El & Tr—See P S S western Bell Tel 7% pref...100 X 115 101 Southwestern G & E 7% pref. 100 30 Southwestern Lt & Pr com A * 78 Preferred ♦ 8 40 IX 2d & 3d Sts Ry guar 50 13th 8c 15th Sts Pass Ry—-50 Union Pass ($30 5-6 pd) 50 Union Traction ($17% pd)-50 8% 86 72 70 Preferred 6 Phila 8c Darby Pass Ry—--50 Phil 8c Gray's Fy ($25 pd)—50 100 4 14 35 PhilaCityPass Ry($22% pd)-50 120 6% NY Railways pref------------N Y & Richmond Gas 6% pref lOO 35 10 50 Preferred N Y & Queens Common 3% 28 Fairm't Pk & Haddington. .50 Frandf'd & Southwark Pass.50 Germantown Passenger----50 Green & Coates Sts ($15 pd) 50 Hestonville M 8c F com 50 19 93 % preferred — 100 El L & Pow— -r* preferred—....... 100 7% - 20 .35* 2% 4% _ 14 !i* 2 Philadelphia Rapid Transit---50 7% preferred' --50 Citizens Passenger guar----50 Continen Pass Ry ($29 pd)-50 Stocks Ask Bia Par Stocks 8 26 Westmoreland Water pref Wheeling Elec 6% pref .100 101 103 97 108 110 5% % preferred series C-.__.25 95 28% William8port Water pref.—..* 6% preferred series B... 25 r 2% July 18 Winnipeg Elec class A........ * Original preferred..........25 k 38 r 2% Class B Southern Calif Gas Co— Preferred 100 r 30% 30 6% preferred series A ..25 66 Wisconsin Pow 8c Lt 6% pref-100 1% Southern Canada Power.......* 70% 7% preferred 100 13 Southern Col Pow com A—...25 94 Wisconsin Pub Ser Corp 7 % pflOO 46 41 Preferred —-.100 89 6%% preferred ....100 Southern Indiana G 8c E— 114 Wisconsin Telep 7% pref—..100 90 89 4.80% cum preferred 100 4% 10% Wolverine Power Co 9% Southern Nat Gas class A com—» 4 Worcester Trans Assoc— 3% Class B common—... * York (Pa) Railways pref——50 148 Southern New Eng Telep 100 25" York Water Co............... 2% Southern Union Gas com * 13 25 8% preferred 12% 11% 7% preferred 25 t Called for payment Aug. 1st at 115. 101% 93 2% 2% 14% 68 ,r* 150* 14* k Last sale n Nominal* r Canadian price, t New stock, x Ex-dividend* 72% 96 91 116% 5% 7 •v, Under the heading "Industrial and Miscellaneous Securities" include all issues which do not appear under the previous three headings, namely "Railroads" "Investing Companies" and "Public Utilities." case of stocks, however, we put "Textile Manufacturing," "Insurance," "Mining," "Real Estate and "Title Guarantee and Safe Deposit Companies" under separate heads, then follow with the rest In the Land," of the "Industrial and Miscellaneous." we ) NOTICE—Alt bond pricos aro "and interest" except where marked T and Income and defaulted bonds Quotations for aTl securities are as near as possible for the closing day of the month preceding, the date of issue Bonds Bid Ask INDUSTRIAL AND MISCELLANEOUS BONDS Abbotts Dairies deb 6s 1942-M&S 103 Abitibi Power & Paper— ": 1st M 5s 1953 ser A J&D / 58 104% Boston Wharf 1st 4s 1941... A&O _ 69% 69% Certificates of deposit-,-... f Acadia Sugar Ref 4 %s Adams Exp coll tr g 4s Coll tr g 4s 1947— 4 lis stamped 1946 1955.A&O 1948.M&S -J&D 98 98 97% F&A 1st 6s 1950 Gen s f 7s 1950 101 88 83 J&J Akron Times-Press 1st 6s '45 A&O Alabama By-Prod 6s 1955—J&J Income 6s 1955 Alabama Mills 6s (w-s) 1953-J&D Without stock.... J&D Albany Perf Wrapping Corp— 1st M coll tr 6s 1948 A&O 6s assented w w 1948... A&O 6s 1955 Alberta Pacific Grain 6s 1946 J&J - • 90 ' 85 94 60% 61% 58 60 107% 88 27 85 87"" 91% 95 91 92 Butterlck Co 6% notes Byers Machine 3-6s F&A Allls-Chalmers s f deb 4s '52.M&S 111 Alpine Montan Steel Corp— lstsf 7s 1955— M&S Aluminium Ltd s f deb 5s '48.J&J H Amer Aggregates Corp— New 3-68 1943 85 F&A Amer Colortype 6s 1942 95 F&a Amer Dept St s (Pa) 6s '48--J&D / 44 Amer Dept St's (Del) 6s '47. J&D / 35 90 Am Fruit Growers ext 7s '43.F&A Amer ice Co deb 5s 1953 99 J&D 70 Calif Cooperative Creamery— lstsf 6s 1948 -A&O Deb s f guar 1943 A&O Calif Cotton Mills 1st 6s '40-J&J Calif Group Corp 5 %s 1956 M&N _ 90 99 I G Chem Corp— Conv deb 5%s 1949 M&N International Corp— 104 104% Amer Conv 5%s J&J 1949 100 Amer La France & Foamite— 1956 J&D Am Lime & Stone 5%s '51 M&S Am Mach & Metals 4s 1943--J&J Amer Nat Co (Ohio)— Extended 6s stpd 1943 J&J Amer Radiator deb 4 %« '47.M&N Amer Seating 6s stpd 1946...J&J Am Silica-Sand 6s 1951 M&S Am Tobacco deb 4s 1951 F&A Debenture 6s 1944 A&O American Type Founders Inc— Oonf s f deb 2%-5s 1950—J&J / Am Wire Fabrics 1st 7s *42.-M&S Amer Writ Paper 1st 6s 1947 J&J 5*4% notes Certificates of deposit Conv 6s 1961 Ann Apr Ames-Hold en Tire & Rubber— Income 7s Jan 1 1943 M&S Anaconda Copper Mining Co 8ink fund deb 4%s 1950- -A&O 63 66 95 97 65 70 55 60 106 % 107 96 98 12 13% 107 119% 100% 90 114% 95 19 19 23% 24% 105% 37 90 38 23 21 ■ (San Fran) 1942.J&D 94 f 6s ('-os A nor) 1942--J&D A-NY & B-NY Realization 94 M&S 16 Arcade MaU Iron 7s 1943—M&N Armour & Co of Delaware— 10 s 5s, 1955 1st M 20-yr 4s ser B 1955.F&A 1st mtge 48 series O 1957—J&J Arnold Print Wks 6%s 1941-A&O 1st 5a Feb 1 1952 A&O Arundel Bond Corp 2-5s Dec I '53 Arundel Deb Corp 3-6s Dec 1 '53 Ashville Citl7e-Times 6s'45-M&S Associated Mtge Co 3-6s Dec 1 '53 Atl Gulf & W Indies SS Lines— Coll tr g 5s Jan 1 1959 J&J Atlantic Ice & Goal 6s 1951. J&D Atlantic Ice Mfg 6s 1945 F&A Atl Sug Rof 1st s f 4s '51— M&N Atlas Imperial Diesel Engine— 6% conv notes 1945 —M&S Atlas Pipeline Corp 6s 1945.M&N Gen conv 6s 1950 M&N / Auburn Automobile— Conv deb 4%s 1939 J&J Autocar Go 7s ext 1947—-M&N Avery (B F) & Sons 5s w w'47J&D Without warrants Baldwin Locomotive Works— 1st g 5s 1940 M&N Mtge 6s 1950 M&S Bait Steam Packet 5s 1942..F&A 17 97 97% 68 70 60 78 61% SI* 90 45% 53 57% 96 40 98 106" ~ 98 81 55 59 25% 18 36 95 88% 90" 75 88 98% 98% 84 87 35 85 .—F&A Bayway Terminal 6s 1954 J&J Bedforu Pulp & Paper 6%s 1942Beech Creek O & U 5s 1944..J&D Beneficial Loan Soc 6s B 1939 Q-J 6» profit share deb 1956Q-J Bessemer Limestone & Cement— 6s 1955 ..—J&J Bethlehem Fdy & Ma 5s'44 A&O Bethlehem Steel Co— 1st lien & ref 5s 1942 M&N Purch money 6s 1998—Q-Feb Cons M s f 4 ser D *60—J&J - 49 96 19 21 101 93 100 Basis. 98 103" n% 12% 98 107 103 55 Sf* 97 99 103 104 86 65 112 135% 115 136 119% 99 104" IP 99 100 97% 120 99 3% 86% 5 87 8 12 40 86 87 114 70 . Childs Co deb 5s 1943 A&O Chilean Nitrate inc 5s 1968--J&D 7iy* 10 117 78% 13 92 105 7s series A & B I960 7s series C 1959 7s series D 1956 6s series AA 1953 —Q-F Q-M Q-J .Q-F 6s series AB 1948 Q-M 6s series AC 1952 Q-J Colo Fuel & Iron s f 5s 1943.F&A Income 5s 1970— An Apr / Comraerz-und lYivat-Bk Germ'y) 99 Cudahy Packing 3%s A '55.M&S Conv s f deb 4s 1950-—_M&S 89 Cumberland Ry & Coal— 5s 1940 —A&O 99% Dairyland Inc 1st s f 5s 1946.M&S 42% Danish Prod L'n Fund 5s *40.J&J 100 Davidson Biscuit 5 %□ A *45 A&O 96 Davidson-Boutell 5s 1946—J&D 93 Davidson Ohem 6%s 1937--A&0 50 De Bardeleben Cos! Corp— 1st cum inc 5s 1957—Ann April f Deep Koek t Ml 7r 1937 ,M*m Detroit Har Term 1st 6s '50.M&S / 31 _ . Deutsche Bank (Berlin)— 6% notes stamped 1935 68 extended 1938 Deutsche Rentenbank— s 80 M&S 99 97 M&S f 6s Oct 15*60 A&OIS 29% f Dickey (W S) Clay Mfg Co— Cum inc 5s (w-s) Nov 1 1949— jf 106% Cum Inc 5s (ex-stk) Nov 1 1949 Dom Cpal 1st 4 %s ser A *52.A&O Serial 3 %s 1938-43 A&O Dominion Steel & Coal 6 %s 1955 Dominion Tar & Chemical Co— Deb 4%« ser A 1951 M&N 64 100% 99 100 93 72 63 50 97 97 97 92 92 92 76 80 105% 90 54 35" 103 40% 52 66 65 42 Elec Auto-Lite deb 4s 1952-F&A Elk Horn Coal Corp— f 4a i960 105% —J&D 45 Empire Oil & Refg 5 %s 1942 A&O Empire Properties Corp 2-3s 1945 Empire Sheet & Tin Plate— 6s 1943 100% 50 A&O 1952 J&J 103 J&J 100 .-A&O f 15 1954 F&A 63 European Mtge & Invest— 1st lien 7%s 1966 ser B—F&A 7%s income 1966 20 12 —— 78% 66 1st lien 7s 1967 ser C 7s income 1967 M&S 20 12 Everlastik Inc 42" 1st 7s 1937-M&N Fairbanks Morse & Co— 15 20-year 4s s f deb 1956—J&D Falstaff Brew deb 5s 1947—J&D 93 Famous 78" 99 75 103% 91 Players Canadian— 1st & coll 3s 1939 1st & coll J&D 99% 3%s 1940-1942-J&D 100 98 1st & coll 4%s 1951 J&D Farmers Mfg Co 3%s 1953--M&S 99 Farmers Nat Mtge Inst 7s '63A&0 99 94 i°2 Federal Coal 5s 1969 —J&D f 7s 1944 Federal Screw Wks conv 6 %s "391 94 94 101 56 105 Eastern Mfg 7s ser A 1938--J&D East Temple Corp 6s (w s) 1941. Eaton Paper 1st 5%s 1943.M&N s ' 106 Donnacona Pap 4-4 %s '56—F&A 10-yr 5%% notes 1947—.J&J DowOhera Co deb 3s 1951.. J&D Dryden Paper 6s 1949 .F&A Dufferin Paving & Stone— Deb 5s series A 1955 Jan Deb 5s series B 1955 Jan Durham Duplex Razor 6s 1955 Eastern Car Co Ltd 6s 1952.J&J Eastern Cuba Sug 7%s '37.M&S Eastern Dairies 6s 1949 M&N Ernesto Breda 7s 53 99 . 85"" 35% Federal Sugar Kef 6s ctf '33 M&N s f deb 7s 1946 J&J Fiat 59% Filtrol Co of Calif 5s 1946.. J&D Finland Residential Mtge Bank 85 f 6s stamped 1961 .M&S Firestone Cotton Mills 5s '48M&S s . 103% 101% Firestone Tire & Rub of Calif— Sf 5s 1942 M&S 102 First Bohemian Glass Works— 1st secured 7s 1957J&J Flour Mills of America Inc— Conv g 6%% notes 1946.A&O 103 % 52 65 39% Follansbee Bros 5s 1947. J&D Forest Lawn lsts f 6s 1949—J&D 23 100% 38% Francisco Sugar 6s 1956....M&N Franklin Coal Co 7s ws 1949. J&J 56 61 Frick-Keid Supply 6s 1943. -J&D Fruehauf Trailer deb 4%s'47A&0 Gair (KobD income notes 6s 1972 43 Fraser Co 6s Jan 1 1950 —J&J French Nat Mail SB Lines 6s "ft"' Frick (H O) Coke 5s to 1944.J&J 18% - 80 97% 105% Nominal. 103% 07 % 105% 101% 66% 97% J&J Emporium Capwell Corp— 95 Consolidation Coal Co— 51 Sink fund 5s July 1 I960--A&O 5s 1950 A&O 33 Consumers Co (Chic) 6s 1946 J&J / 60 Consumers Co (111) 5s 1956. J&J Consumers Credit Svc 6s 1962 70 Consumers Rctek & Gravel— 6s 1948—-E— 28% ...J&J 104 Container Corp 1st 6s '46.J&D 15 Deb 5s 1943 with warr._J&D 97 Cont'l Invest Bond Corp 2-5s '53. 78 n 78 f Nov 1 1950—M&N 98% 4% notes 1942 100% Erie Elec Motors 5s 1941 48 5%% notes'37(Am pt ctf)M&N f 100% 50 Connor Lumb & Land 6s '41 M&N / 94 Gonsol Biscuit 1st 5%s B '40 M&S 94 1st 5%sser O 1946 J&D Consol Cement Corp— Cum Inc 0s 1950——F&A / 42 Cum inc 6% notes 1950..F&A / Cons Laundries Ext 6%s 1941 A&O 99% Cuusol Oil sf deb 3%s 1951.J&D 103% Consol Paper Corn 5%s 1961-. f 51% 5%s ex-stock 1961 J&J / 64 94 Consol Steel Corp 6s ser A *44 J&D Consol Textile 1st 8s 1941—J&D 17% "k Last sale, s f deb 4%s 1948 s 1st 4s 98 Cities Service Asphalt 5s 52. A&O 40 City Ice (Kansas) 6s 1940 A&O City Savings Bank of Budapest 7s 1953 F&A / 12% Clearfield Bit Coal 4s 1940- -J&J 86% Cleve-OIiffs Iron 4%s 1950.M&N 105% 76 Cleve Tractor conv 5s 1945.M&N *53.. 15-yr 4s 10-yr Coll 6 116 Cespedes Sugar 7 %s 1939 M&S f Champion Pap Corp 6s *45--F&A Champion Paper & Fibre Co— 4%s s f deb '50('35 issue)-M&S 4%s s f deb '50('38 issue)_M&S Chateaugay Ore & Iron— Guar gold 4s 1942J&J / Cont'l Invest Deb Corp 3-6s 98 49% Q-P Dominion Textile 4%s '55—M&S 96% 15-yr deb 5s with warr '50M&N Carthage Marble 6%s '42—M&S 1st non-cum Inc 5s Apr 1951. Cassco Corp inc 6s 1949 M&S Oelotex Corp— Debenture 4 %s w w 1947-F&A Central Foundry Co— 1st mtge 6s 1941 M&S Gen mtge 5s 1941 M&S / This price includes accrued Interest, 100 ... Central Steel 1st 8s 1941. .M&N Certain-teed Prod 5 %s 1948 M&S *48 Crown Willamet Pap 6s '51..J&J Crucible Steel Co deb 5s *40.M&N Cuban Tobacco 5s 1944 J&D Farm Ln - " ..... b 101% - 47 1942 50 Collateral Bankers Inc— 43% ..J&D Deb 6s ex-warr 96 65 Chesap'ke-CampCorp4%s'47J&J Chicago Stk Yards 5s 1961-A&O 97 Baragua Sugar Estates— Gum Inc deb 6s 1947-..—J&J Barber & Ross 4s 1945 Bates Valve Bag Corp— 97% Ry Term & Cold Storage 6%s 1952— —A&O / 105% Sink fund income deb 1Q67 J&J 1st s f 6s 80 §A* 50 Central Animal Trap 5s Aug 11946 Antilla Sugar Estates— Income deb 6s 1951 (w-s)--J&J / 1st Carlisle Lumber 6s 1945 Carriers & General Corp— w w 6% 103% Detroit Times deb 6s to '43.M&S Camaguey Sugar 7s 1942—A&O Certificates of deposit Campbell River Timb 6s '41-J&J Canada Bread 6s 1941 F&A Can Cement 1st 4 %sserA*51 M&N Canada SS L 6s '41 ser A...A&O 1st & gen 5s 1957 J&J Canadian Bakeries 6%s '45.M&S Canadian Canners Ltd 4s'51M&N Canadian Internat Paper— 1st M 6s 1949 J&J Canadian Nat Steamships— 25-yr guar 5s 1955 M&S Canadian Vickers 6s Aug 1 194/ Caribbean Sugar 7s stpd '41-F&A 95 Anglo-Chilean Cons Nitrate- Anthony (E O)— 73 49 ^ eoo y-AUO Amer 80 48 56 35 45 Byrndum Corp 3~yr notes Jan 15 '39 106% 36 63% 56% 68% *39—A&O 111% 123 31 Bush Term Bldg 1st 5s '60. -A&O Allied St's Corp deb 4%s Debenture 4%s 1951 87 119 Bush Term 1st 4s 1952 A&O Cons g 5s Jan 1955.-.-—J&J A&O f Algoma Steel 1st 5s 1962 AlUed Mtg inc coll 2-5s 1953.J&D 80 82 Ann, Apr Income 5s 1958 25 OU §i" 78 76 Burns & Co Ltd 1st s f 5s 1958 J&J 70 100 46 Crown Cork & Seal Co Inc— ^ Brown Shoe Go Bruck Silk M Ltd 6 %s '45-M&N 90 Coplay Cement Mfg 6s '411. A&O Copley Press 5Hs 1943...-F&A Cosden Petroleum conv 5s *47 J&J Cosgrove Meehan Coal 6%8 1945. Crane Co 3%s s f deb 1951. J&D Creameries of America— Sinking fund deb 5s 1946.F&A Crowley Milner 5%s 1946—M&N 25 *53—A&O 1946——A&O B M&S 3%s 1950--.F&A Bid Continental Roll & Steel Kdy— 1st M con v h f 6s 1940, J&D Cont'l Steel deb s f 4%s 1946- J&J Credit Service deb 6s 83% 98% Brown Co 1st 5%s 1st 5%s 1950 ser 60 42% 40% 20 '50-A&O 47% 46 & Paper— M&N —-M&N 42% 25 59 35% / 45% 102 Bryant Paper 6s A1942 M&N 1st series B 1948—-——J&J Budd (E G) Mfg 6s ext 1941-F&A Burmeister & Wain (Copenhagen) 15-yr s f extl 6s 1940 J&J Burns Bros deb 5s A 1961—M&S 80 / / / 8 Brown Goal Indus 6 %s 102% Ex scrip.....—.—..... Aeolian Co 6s 1944 - 10|% 7 Britisn Am Oil deb 4s 1945—M&S British Columbia Pulp 103% 95% '—■v.. Bonds Ask 7 Botany Cons Mills 6%® 34.A&O Certificates of deposit—----- Bowser (S F) 7s 1944—-—M&N loo" Brandram-Henderson 6s 56.J&D 102 Addressograph-Multigraph Corp 4-4 %s 1938-1939— -A&O 6-5 %s 1940-1945-— A&O Advance Bag & Paper 6s '52. J&D 105 98 95 102 4%s to 1941 J&J 3 %s series E1966—--—-A&O 15-yr s f conv 3 %s debs 52 A&O Beth Steel Corp M _ Bid Bonds 50 rCanadian price. Galveston Wharf Go— Ref 5%s series A 1951.... J&D Ref 5%s series B 1954. J&J 1st 5s 1940 A&O Garlock Packing 4%s 1946—J&D 4%s Dec 15 1947. J&D 97 97% 110 1 102% 91% 55 93 93% 102% 96 97 Geisenkirchen Mining Co— 6-yr 6% notes 1934 ...M&S / 100 6s 1937. / 100 6s 1940 / 100 82 INDUSTRIAL MISCELLANEOUS BONDS & NOTICE—All bond prices are "and interest" except where marked "f" and income and defaulted bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Bonds Bid 1940.J&J 1941-1942 J&J General Bronze deb 6s *40-. M&N General Cable Corp— 79M 3% notes Deb Deb 0%a s J&D / M&N / f 6s 1948 deb 5s *61. J&D Gen Motor* Acceptance Corr Gen Finance . 1 — F&A Gen Plastics 1st Gen s f 5s 101 101 102 108 108 % Molybdenum Corp of America— Corp 2-5s Jan 1 *55 35 Interstate Zinc & Lead deb 7s 32 f-otr.a Frasoliini 7s Id 12 J&D 20 25" 78M 89 65 70 5s 1968 1948--A&O w_J&.i> w.J&J Gen Stl Cast 1st 54s '49 w 60 M Gen Steel Wares— 4 Ms ser A 1952 A&O Gen i heat En deb 6s 1940. Avvo 92 Karstadt (Rudolph) 1937 deposit F&A f / ff 23" 21M 72 63 Gobel (Adolf) lac- 66 >/ 35 33 97 xav 97 M 98 i 97% 1UU50 1740 Goodyear Tire & Rubber— 1st mtge coll tr 5s 1957. .M&£ 103% Gordon Baking Co (Mich)— 5s series B 1945-50 J&I 99M Gotham Silk Hosiery— 5 f deb 5sww 1946 M&{ 91M .,100 Gould Manufacturing 6s '42. A&C ..48 Graham Paige Co 1st 6s '43-F&/ 80M Granby Consol Min & 8m 5s 1941 Grand Rapids Motor Coach— 42 Cum income 7s 1962 M&{ Grand Rapids Operating Corp— 90 M 6s extended 1942 J&. Grand Trunk Ry Term 6 Cold Stor 1st 6 Ms 1952. A&C >/ 19 Granite City Generating— 57 5s, 1963. A&C Granite City Iron inc 5s '43 M&S 45M Uraton & Knight 4 Ms *51—J&I 95 Great Lakes Paper Co Ltd— 1st s f 5s 1955 A&C f 91 Grigsby-Grunow conv 6s '36 M&t 62 Groc St's lYod conv 6s 1945. J&E 90 M Gulf States Steel 4Kb 1961.A&C 103 % 93% 82 M *■ 95 Hall / Harpen Mining Corp— 6s with warr for Am shs. / Cum 90 95 M 100 62 22 103 % 103 % 98M 15 % _ [Leipzig Trade Fair 7s 1953-M&N 92 88 Subord notes 5s A 12 M 10M 86 96 95 92 76" 72" IV* 30 1st 4s 1947 —-A&O Home Serv Corp 6s 1957 A&O Home Service (Portland, Ore)— 1st coll 3-5s 1950 A&O 1/ » 97 M 103 M 59 128 M 124 70 92 124 M 106M 110M 107 M 75M Logan County Coal 7s 1942.M&N f 46 Long Bell Lumb 6s sex A'42.J&J 6s series B 1943 A&O 46 6s series O 1946 -F&A 46 Loiillard (P) Co g 7s 1944—A&O 126M 5s. i95i. 1.-I-1 -"————F&A 121M Lukens Steel 5s extend 1955 M&N 72 Manati Sugar 1st 7Ms '42..A&0 42 Oeitificates of deposit 42 1st 8 f 4s Feb 1 1957 M&N 26 Manhattan Refrig 5Ms 1941.J&J 75 I66" 99% 97 90M 91% 70 75 25' Housing & Realty Improv— 22 7s 1946 M&N Houston Oil Co of Texas— 10-yr sec s f 5Ms 1940—M&N 101% Hudson Coal 1st 5s 1962 A__J&D 27 Hud Riv Day Line— S f 1st mtge 6s 1946 J&J 60 2d mtge inc 6s Feb 1956...... 10 Hungarian Central Mutual Credit Mfg 7s 1937 11 J&J Hungarian Disc & Exch Bank— 35-yr s f 7s 1963 J&J f 14 Hungarian-Italian Bank Ltd— 12 Sinking fund 7Ms 1963.—A&O Hygrade Food Products Corp— 1st & ref 6s Jan 1949 A A&O 66 66 6s 1949 series B J&J Ice Service 1st 6 Ms 1939 86 M J&D Illinois Steel deb 4Ms 1940-.A&O 105 % Ilseder Steel mtge 6s 1948--.F&A 28 108 Independent Brewing 6s *55.J&J Indiana Ice & Fuel 6 Ms '47.M&N 59 Ind Limestone inc 6s 1952--M&N 7 Prior lien s f 6s 1942 M&N 70 Indianapolis Motor Speedway— 1st extended 6 Ms 1946 F&A 67 Industrial Acceptance 4s 1952 J&J 90 Indus Rayon 4Ms A 1948 J&J 97% Inland St13Ms t»er D 1961--F&xv 107% Interlake Iron Corp— Cony deb s f 4s 1947 A&O 85M Internat Agricultural Corp— 1st & coll tr s f 5s 1942-—M&N 100M International Match Corp— Deb s f 5s 1947 M&N 5% Certificates of deposit 15 Conv deb 5s 1941 J&J15 5% Certificates of deposit 15 Internat Mercantile Marine— 1st M coll trust 6s 1941--A&O .51 International Paper— 97 % 1st & rer s f 5s 1947 ser A—J&J 1st & rer s r 5s ser B 1947--J&J Ref mtge 6s 1955 ser A 89 M&S 29 Mansfield Min & Smelting— 7s without warrants 1941 _M&N / 102 28 !8* 130" 20-yr s f 6s 1947. New 6-4% 1947 49 49 North Western 127 125 M 74 52 85 100M 100 ova II 105 105 105M 103 103 % 104 104% 1Oregon Pulp & Paper 6 Ms to Apr30'37.6%to 1945—M&N Oreg Terminals inc 5s 1945-. A&O / Orono Pulp & Paper 6s 1943-J&J / 95 Osgood Co deb g 6s 1943 .J&D 92 Oswego FallsCorp 4 Ms 1952-M&S 20-yr conv deb 5 Ms 1950.M&N Mead (Th3) Corp— 1 at M 6a 1945 with warr. -M&N 106" 29 M 74 1945..-A&O Memphis CommercialAppeal 4 Ms 1952 M&S Mengel Co conv 4 Ms 1947--M&S 94% 90% Mercantile Stores deb 5s 1947 J&J 75 1st conv 4-5Ms to _... 80 97 M _ Merchants Distilling Oorp— 92" M&S Mersey Paper Ltd 5s 1957—J&D 5% conv deb 1947 99 Gen s f 6s ser A 1949 M&S Messenger Oorp deb 4 Ms '51 J&J Messer Oil 1st & ref 6s 1942—J&J 107 % 87 Metropolitan Ice 7s 1954—J&J 102% Metropol Persons Loan 7s w-s '57Miag Mill Mach'y 7s 1956—J&D / Middle States Petrol 6Ms 1945.. 55 Without warrants.. .Otis Steel s f 4 Ms A 1962—J&J Oxford Maimi Piper 6s 1947-F&A 93 95 Pacific Atlantic SS 2-5s '43-M&N Pac Coast Cement 6s A 1942. J& D 84 87 Pacific Coast Co 5s 1946 57" §9 M Pan-Amer Industrial 7s '37.M&S / Pan Amer Petrol Co (of Calif)— 1st conv 8 f 6s 1940J&D15 / Certificates of deposit f Pan Amer Petroleum & Transpt— 38 [Paramount Pictures 41 ] 87 57 26M 88 M 1st 6s series B 1948....—J&J 1st 6s series C 1950 5-yr 6% notes 1931 Minn Valley Panning 6s t Called Sept. 1 at 102. b Basis. M&N M&S '41..J&J 41 92 M 34 20 50 77 75 / J&D 29 65 52% 2 32M 32M 95 95 1st mtge & lien 4s 1952—M&S 6s 1955-J&J 7% gold notes 1935 A&O If 117M [Minnesota & Ontario Paper Co— 1 36M 40% 40% 40% 15 M 95 7-yr div notes 3 Ms 1943—J&D 7-yr div notes 3 Ms 1944—J&D Panhandle Eastern Pipe Line— 60 Miller & Lux Inc 1st M 6s '45A&0 1st 6s series A 1935...—A&O 21 41 86 V 93 Miller & Hart Inc. deb 6s '43 .J&J 1st 6s series A 1945......A&O - 65 96 53 74 72 72 O'Gara Coal 5s '55 op aft'08 M&S 9 / Ohio Leather conv deb 5s '46-J&J 96 M Okonite Co 6s stmp 1942 100 % J&D Old Bon Coal Corp 6s (w s) 1948 / 20 Inc deb 7 Ms (w s) Aug 1 19537 / Oregon-Am Lumber 6s 1942-A&O / 20 76 Medusa Portland Cement— 4.10i JL 1st mtge s f 5Ms w w 1945-F&A 5Ms without warr 1945-F&A Norwestern Term Co 5s '48..J&D / |Nova Scotia S & O 5s 1959--J&J / 6s perpetual stock .T&J / O'Connor Moffat deb 6s *38 F&A McKesson & Robbins.lnc— 90 io 69 68 98% 98% 62 % F&A 68 51% 98 M&N McCormicks, Ltd, 4s 1952—_J&J McCrory Stores Corp— 5s s f deb 1951 M&N 25 !66* 3* M&N|/ Refrjgerator Line 00 40 20 104% 19 48 b vt 29 98 73 J71U-mmmmU Ok*# b 4.10 Eq tr 3Ms ser K 1938-48--A&O b 4.10 Northern Elec & Nor Pap Mills— 1st 4s 1940-47 M&N 1st mtge 5s to 1948 M&N Debenture 6s 1943 M&N 75 Northern Redwood Lumber— 6s 1937 J&D / 11 N'west Pub's Deb 4M® 1948.J&J 92 M Northwestern Barb Wire Co— 77. 12 73 1943 M&S Income 6Ms 1953 M&S Nor Amer Refract 6Ms 1944-J&J North German Lloyd— 49" 51 McColl Fron'uac Oil 6s 1949. A&O 93 6.25 6.25 6.25 6.25 6Ms 100 70% 99% McCoTd Rad & Mfg— Deb 6s 1943 with warr , 26 M 46 Nortn Amer Cement Corp— Deb 6Ms A with warr '40-M&S 112 [Marion St'm Shovel 6s '47-.A&0 IMassey-Harris Co 5s 1947..A&O McCloud River Lumb 5s *48 J&J 53 Equip trust 4 Ms Nov 25 '38-'43 Equipt tr 4Ms 1939-47 J&D15 Equip trust 5 Ms Sept 1 '38-'44_ Maple Leaf Milling— 20 68 Equip trust 4%t Aug 1 38-46- 2 Ms to 1938, 5 Ms to 1949. J&D / .Marine Elev (Buff) ext 5s '52M&S / 70 65 . ... Y 50 89 North Amer Car— 104 M 74 97 M 90% 49 M M&N 1st mtge s f 6s 1946 J&D 6s stamped 1946 J&D Partic deb 2d mtge 7s 1946 J&D N Y World's Fair 1939— ! Deb 4s 1941 J&J NIvelle Corp 4s 1952 M&N Nordberg Mfg Co 1st 6s 1943M&S 79 % 23 Loew's Inc deb f 3 Ms 1946.F&A 54% 54 „ 68 s 77 f 100 NYLE&W Dock & Impt— J Extended at 5% to 1943—J&J NY Shipbuilding 1st 5s '46-M&N New York Trap Rock Corp— 98M 38M 60 64 99 M 98 N V LE&.W C & KK— 1st 6s ext 5M% 1942 55 25 78 Certificates of deposit.. Conv 5% notes 1947 A&O 8* 30 4s coll trust conv 1947 J&J Libby McNeil &Libb 5s '42.A&0 Liberty Baking 6 Ms 1944—M&S Liggett & Myers g 7s 1944.-A&O Gold bonds 5s 1951 F&A Lincoln-Boyle Ice 6s 1947—A&O Lindsay Nunn Pub 6s 1944—M&S Lion Oil 4 Ms 1952-—. A&O Liquid Carbonic conv 4s '47. J&D 93 1947—J&J Subord notes 5s 1947 ..J&J N Y Dock Co—1st g 4s '51-F&A , Serial 5% notes 1938 A&O 99 19M 54% 1956-J&J'/ 34 18 18 76 New Niquero Sug3Ms 1940.-J&J' Newport Industries— Le Tourneau Foundation— 92 86 28 f 4s 1965--. J&D Natl Tool conv deb 6s w w '42F& A Nat Union Mtge 3-6s A '54..J&J 2-58 series B 1954.. J&J, New Eng Laundries 5s Leonard Tietz—See Tietz 96 8 103 Conv deb 3Ms 1947—-M&S Parmelee Transportation Co— 41 S f conv deb os 1944 A&O 17 100 /This price includes accrued interest, k Last sale, n Nominal. 44% li ^ M 106 % 83 Corp— Radiator 6Ms 1947 F&A Certificates denoBit Cum income deb 5s 1946—M&S./ National Steel Corp— 1st coll mtge 86" 103 % 26 Inc 5s 1952—M&N 'Nat 15% 85 M $s* 72 KM 106M , 85 60 103 M 42 M 6s series A with stock 1944 M&N 24 Without stock M&N / 25 Natl Grocers Ltd 4s 1947—.A&O 100 Nat Ovpsmn s f 6« 1943... A&O * 103 24 1 4 Ms sf debs 1950 103 % M&N 99% Nat industrial Loan 7s 1957 66 103 % National Lumber & Creosoting— 1st 5 Ms 1938-48 98% A&O 95 Nat Oil Prod deb 4s 1952—-J&D 99 87 60 28 . 91 98 99 65 85 32 % 101M 75 M 84 M 99 M 90 1/ conv Natl Food Products 99 M F&A F&A 1st & ref 5s 1964 30 Holly Sugar Corp 2s 1939—A&O 1st 2 Ms 1940 A&O 1st 3 Ms 1941 A&O 1st 3 Ms 1942 A&O 99% 100 100 60 Secured 6s class A ext 1943-J&J 29 103. 80 Layne & Bowler 3-6Ms Dec 1947Lehigh C & Nav fund 4s '48 J&J Cons s f g 4 Ms 1954 J&J Cons s f 4 Ms 1954 ser C..J&J Lehigh Valley Coal— 1st & ref 5s 1944 F&A 1st & ref 5s 1954 F&A 91 ./ 1944—A&O at 97 99 3M 3M 29 25 Natl Oonsol Bond Oorp 2-5s 1953. Nat Container deb 5 Ms *52-A&O Nat Dairy Prod 3 % s w w'51 to&N Natl Debenture Oorp 3-6s 1953— National Distillers Products— 10-yr d°b 4Ms May I '45-W&N National Fire Proofing Co— 1st M conv 5Ms A 1946.M&N Lautaro Nitrate Co— &o Holland-Amer Line 6s '47--M&N f 1 (Central Funding series 76 97 M 1st & ref As 1974 Heywood-Wakefield 5s 1946 J&D Hightstown Rug 6M8 w w 1944.. Hines Land & Timber 6s *48..J&J Hoe (R) & Co 5-7s 1944 w s_.A&0 Called Oct. 35 30 1st mtge income 1975 J&D Lawrence Portland Cement Co— Deb g 5 Ms 1942 A&O 33 Nassau (Ger) Landb ink 6 Ms 193« Nat'l Acme 4 Ms ext to '46—J&D |/ Nat'l Baking 6s ser A 1941 M&N Nat Bondholders partic ctfs 75 30 — Hatfield-Campbell Creek Coallst 6 Ms 1948 M Hawley Pulp & Paper Co— 1st 6s s f 1946 J&J Haytian Corp inc 8s Oct 1938 Hearst Publica 6Ms to 1947-M&N Heller (Walter E) 4s ww '46-A&0 Helvetia Coal Min 1st 5s '58.A&O * 60 25 98M ...J&J A&O .. . 31 96 M 91 89 4M-6MB 1st mtge 90 1st & coll tr gold 5s 1944.. J&D Lane Bryant Tnc deb6s'40wwM&N Harris-Seybold-Potter— Hart Coal inc 6s 1945 85 — 1937 Certificates of deposit 67 Lines— 10-yr 6s 1939 w w 53 67 88 Steamship Line— Secured 6s 193/ Dob 6 Ms Jan. 1 89" 66 86 70 W Steamship 88 Debenture 5s 1961 An Apr Lake Superior Corporation— 100 % 100 99 M 98 Hansa .Vlunson 116 97 96 M ALttUUlUUU XTXie 19M 68" V sor 26 Lake Erie Bolt & Nut— 32 55 Coll D 5s Langendorf Un Bak 6 Ms '41 M&N tl02 ►/ 65 Mosinee Pap Mills 1st 5s '51 A&O Munising Pap 6s A &B 1943. A&O 92 ^ 81 J&D 23 5-6s April 1 1946 -..J&J Lake St John Power & Paper— 1st 5%s 1961 J&J 96 J&D 2 1946 3 1951-----J&D 4 1Q56 J&D ser 96 M 113 58 97 M 1 1941 ser ser 41 1950.-M&S os 47 97 M *39. (F W) Printing Co— Hele & Kilburn Corp 6s Coll A 5s Coll B 5s 96 M jLa France Textile 1st 6s '42-J&D • Gypsum Lime & Alabast— Lackawanna Steel 20 88 85 25 Keyes Fibre 1st 6s '38-'39 M&N 1st 6s 1940-1949 M&N Keystone Steel & Wire— 2% notes 1938 M&N 3% notes 1939-1941 M&N 4% notes 1942-1945 M&N Kings Co Refrig 6s 1942 A&O Kingsport Press 6 Ms 1939--F&A Kingston Elevator 1st 6s '50 M&N Kinney (G R) ext 5 Ms 1941-J&D Kirby Lumber 1st 4s 1947-J&J 16 Koehring Co (Milw) 3-5s '45.J&J Koholyt Corp 6 Ms 1943 M&S Koppers Co 4s 1951 —M&N Kresge Foundation— 10-year coll tr 4s 1945 J&J 3 Mc coll trust notes 1947-F&A Kreuger & Toll—■ 5s uniform ctfs of dep 1959 103 M&S _ Kentucky Securities coll 5s 1940Keokee Cons Coke 5s 1959--J&J 9 9 60 1947 92 64 Certificates of Georgia Marble 1st 6s 1950.M&-" / German Atlantic Cable 7s 1945 x-w 37 16 M shs.-M&N Ctfs of dep w w stpd 1943— 6s stamped (par $925) 1943 6s with warr (par $925) 1943— Keith (B F) Corp 6s 1946---M&S Kelsey Hayes Wn'l 1st 6s *48.J&J 15-yr conv deb 6s 1948 J&J Kentucky Rock Asphalt— 3H-6%a 1945 J&D / 1st 6s 1943 with Am 1Yi 6s Mtge Bond Co (Md) 2-5s Dec 1 '53 Mortbon Corp— Inc— 86 M Gen Vending 6s t s^c - Call C 5s 96* Kansas Pipe Line & Gas— 1st 5s series A w w 1952—-J&J 94 - 91 - 98M 50 6s 1942 J&D 77 Monon Goal—See Chic lnd & L Ry. Monroe Coal Mining 6s '47 F&A 92 Montreal Cotton deb 5* '43.M&N 103 Morgan Eng ng 8s 1941 M&N 101 Morris Flan itiiferson & Clearfield Coal & iron Indiana Co 1st s f 5s 1950- J&J fones & Laughlin Steel— 1st mtge 4 Ms ser A 1961--W&S Journal of Co mm 6%s '47 J&J 105M 105 % 100 M 78 61M ; nH Rayon deb 6s 1948 w Jacobs (F L) 5%% dividend ' notes 1942 J&D 50 18S* 10-year deb 3a 1946 15-year deb 3 1951 Bid J&J J&J M 4Ms 1968 interstate Deb 50" 94 conv Bonds Missionary Sisters (Waukegan, opt.-A&O 1st 101 % 48 48 48 II 111) 1st ref 3M-4s 1951-.-A&O Mobawk Rubber ext 6s 1948 A&O 1st 102 M 82 101 7s '45-J&J15 / 1940—r. Ask Pap of Nfld— internat Salt g 5s 1951 1stmtgesf 5M» 1947 ser A.J&J Gen Elec (Germany) internat Pow & 102 , Bid Bonds Ask 100 M 101 Gen Amer Transport 3s 95% 82M 47 83 INDUSTRIAL & MISCELLANEOUS BONDS AUG., 1938] 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 100 M 85 1st s f 5s 1953 ser A MAN Penn Amer Coal 6s 1941-56--JAJ . _ Penn Mercantile . 88 36 Petti bone Mulliken— 92% 40 93 _ 35 8M 112M 14 Phila A Read O A I 5s 1973—JAJ / Conv deb 6« 1949-/ 5 98 Phillips Elec Works 5s 1953. FA A 103 M Phoenix Iron 1 st s f 6s 1946-MAN 10 Phoenix Silk Mfg 7s 1943—FA A / Pickering Lumber 6s A '46--MAN / 21 Pierce Butler A Pierce 6 Ms '42__ / 6M 104 M Pillsbury Flour Mills 6s 1943 AAO Pine Hill Collieries 1st 6s '42 AAO J 4 Pireili Co of Italy con 7s '52 MAN 106" Pittso Brpwing os Feb 4 '49. JAJ 106 Pittsburgh Coal deb 6s '49_-FAA Pittsburgh Coke A Iron Co— 89 M lot mtgeconv 4 Ms 1952- - -MAS MAS JAD 6% notes w w 1938 Phelps Dodge 3 He 1962 / Pitts Crucible Steel 5s to 45.MAS Pitts Steel s f 6s 1948 FAA Pocahontas Consol Collieries— JAJ 114 15M 5% 100 24" 105M 97% 1st gold 5s 1957 op 86 1st 3 Ms 93 89" 42 H 42 M U S Cold 78" 1st sink fund ser B 1949..FAA US Finishing 5s 1944 JAJ / 102 M U 8 Radiator 70 75M conv 97 96 102 X 100 97 103 M 103 103 104 98 100 Corp— Gen mtge inc 6s April 1950 / Southern Advance Bag A Paper— 1st s J&D f 6s 1947- 75 78 98 M 99 M Vert.ientes Sugar 1st 7s 80 49 Sou foe A Util conv 6s 1946-FAA Southern Ice Co— 1st A ref 8-5s 1942..——-AAO 44% 44 % Southern Kraft Corp— 1st leasehold 4 Ms 1946—JAD Southern New England Ice— 94M AAO 43 M 96" 1st s f 4 Ms 1967 Southern United Ice Co— 1st 4s w s 1950 73 M Southwest 43 35 M 73 37" 78 84M 75 . 96" 96 '61.MAN / Purity Bakeries 5s 1948 JAJ Quaker City Cold Storage— lsts 15s 1953 MAN — Spang Ohalf't A Co 1st 5s '48 JAJ Springfield Ice 7s 1944 -JAD Square D Co deb 5s A 1945—FAA Staley (A E) 1st mtge 4s '46.FAA JAJ l)5-yr 2 Ms deb 1953 21M 23 1943..-JAJ -JAJ JAJ Serial notes l%% 102 2% 1944 2M% 1945 56 — 42 paid--_ 70M 97% 44 M 76"" 90 Railway Express Agency ln<>— 104 Series 5s 1939-'4P (s-a)..MA8 Railway W'house 4-6s (w-e) *47- / 22 47 Realty Bond A Mtge deb 3-6s '53 92 Red Riv Lumber 5 Ms 1938-MAl Remington Rand Inc— 102 ?0~yr deb 4 Vis w w 1956—MAS 99 4Mb without warr'ts 1956 MAS Republic Steel Corp— 115 Gen mtge conv 4M» A '50.MAS 90 H Gen mtge 4 %s ser B 1961-FAA Gen mtgel Ms ser C 1956 MAN 91M 107, Purchase money 5Ms '54-MAN 95 % Restigouche Paper Ltd 6s '48FAA Revere Copper A Brass— 98 H 1st mtge 4 Ms s f 1956- -—JAJ 91 Reynolds Met deb 3 M8 51—JAD 104 Rheem Mfg conv 5s 1948—AAO Kbeinelbe Union 7s 1946 J&J / 36 Rhine-Main-Danube 7s *50 MAS 29 M Rhode Island Ice 6s 1948—MAN / 10 58 with stock 1951 FAA / 10 2%% 1946 108 26 _4.__JAJ 2M% 1947 96 M R&dlo-Keith-Orpheum Corp— Part paid ctfs (for 0% deb and Debentur » gold 6s 1941 JAD / Midwest Corp ref 6s 1940.MAN 1943--JAJ Standard Ice 1st 6s 1947—.FAA Stand Oil (N J> deb 3s '61—J* D 80 101 Ltd 514® 1947—MAN Prudence Sec Corp 5 Ms Devel't 4s 46 M -JAJ 40 90 104 % 102 „ 118 91 92 107 M 96 M unstamped 1946 AAO deposit 1946.. AAO 2d stamped 1946 ——AAO Stinnes (Hugo) Industries— 7s unstamped 1936 ..JAJ 4s ctfs of deposit 2d stamped 1940 1936—JAJ J&J Strange (John) Paper 6s '44—JAJ Strawbridge A Clothier— 99M 38 103 99 H 103 M 99 M 101M 101H, 101X 101H 101% 101M 101M 101M 101M 101H 90 91 30 M 40 36M Richardson A Boynton Co Cum income 4s 1945 JAJ Richfield Oil of California— Convs f 4s 1952 —MAS Richm'd Cedar Wks 6Ms '45 JAJ Richmond Hos Mills 7s 38--FAA Richmond (Va) Ice 6M8 '42.AAO Rima Steel Corp 1st s f 7s '55 FAA / 10 15 14 „ 104 M 105 I 8# 24 / / / 43 26 21 Riordon Pulp A Paper Ltd—102 1st 6s June 30 1942—JAD30 98 River Raisin Pap 1st 6s '45--FAA 67 Roberts A Oake (Chi) 6s "44.MAN 93 Roch A Pitts C A I 5s 1946-MAN / 22 Rocky Mtn Fuel 5s 1943 AAO 102 % Rolland Pap 1st 5Ms A *48-.JAD Rolls Royce of Amer 7s 1937 MAS t / 21M / 21M 48 28% 25"" 2% 23 99 91 I f 23 102 94 23 104 % 102 26M 106 100 M fit Louis Gas A Coke Cons¬ ist M s f 6s 1947--—- St L Rky Mt / - 53 M 74 62 55 56 55 M 5-year 7s 95 iuOi f Certificates of 24 Union Compress A Warehouse— 1st 2M-4MB ser A 1942—JAJ 12 24 M MH / I f f __ AAO f 1951——-AAO f 19*" 22% 34 50"" 107 M 116 107 101M 68 55 29 80 118 108 M 102 58"" 93 M 1 st s f 5s ser A1956 ..FAA deb 5s '50. AAO United Oigar-Whelan Stores— S f 5s Oct 1 1952 AAO United Corps Ltd inc 5s 1953 FAA United Elec Coal Cos inc 7s 1946. United Drugs 5s 1953 MAS15 United Grain Growers Ltd— 5s series A 1948...... JAJ ..... A Last sale. B 1949 n IWH... ...... FUMomln&i. MAN PliVIN lOl"" 94M 100 M t- F» 44 _ JAD 88 98 97 96 93 101 99 M JAJ AAO 97"" 96 103 102 M 8"> JAD 6s 1942.. York Ice Mach 6s 1947 Debenture 6s 1943 80 Youngstown Sheet A Tube—1st M s f 4s ser C 1961 MAN 94 97"" 101M 101M 9",666 10",400 No. Last Sale 96 105*" N V Stock Exch...1,375 NY Cotton Exch.. 450 N Y Cof A Sug Ex. N Y Curb Exch... 28 16 50 65"" 50 53 Baltimore Stk Exch $85,000 344 76 550 Boston Stock Exch. 139 Chicago Bd of Tr._1,549 Chicago Stock Exch 362 Cleveland Stk Exch 41 Detroit Stock Exch 65 41 92 28 28 33 33 10,000 2,985 15.000 1,000 3.100 3,000 1,600 2,500 750 350 3,400 "755 1",206 2,000 2,500 1,400 1,200 4,500 3,200 3,500 5,000 Ft Worth Gr A Cot 213 Milw Grain A Stk. 174 150 "150 Minn Ch of Comm. 101 66 Kan City (Bd of Tr) Los A ng Stock Exch 47 36 523 19 1,600 1,000 46,000 1,160 100 1,000 2", 400 Minn-St P Stk Ex. 116M Montreal Stock Ex. New Orl Cotton Ex New Orl Stock Ex. Phila Stock Exch.. Pittsb Stock Exch. St Louis Exchange. 117 113 24 60 Salt Lake Stock Ex. United Biscuit 94 73 M United Amusement Corp— /ThU price includes accrued Interest, 93 104 M 27 112 5Ms series O^HSHriBS Rnai«, 103 100 16M 93*" 100 % Woods Mfg Co Ltd 1st 38 to 1941 —JAJ 3 Ms series A 1942-1945—JAJ 4s series A 1946-1947—--JAJ 4 Ms series A 1952 JAJ Woodward Iron 1st lien 5s *62JAJ 2d conv inc 5s 1962.-Ann Apr Woodward & Tiernan Print— 78 102 1st 5s 1943-1951 JAJ Union Oil Co of California— 6s May 1 1942 ser A FAA IVA 27 27 17 88 91 EXCHANGE SEATS Cprpjs 1955 15-yr 3 Ms deb 1952 JAJ Union Rock 1st 6s s f 1947.-MAS Union Term Coal Stor 6s '39-FAA 92 s deposit 1950--FAA 23 53 1945—.ficripps (E W) deb 5Ms 1943 FAA 1st conv 3-6s 102 .FAA MAS _ 105 M 97 17 16 22 M Winslow Bros & Smith— 6 Ms ww 1944 Three Rivers Grain A Elevator— Unified Deben 79 Scullin Steel 1st 6s 1941 JAJ / 48 JAJ 107 Texas Corp deb 3Ms 1951—JAD 2 Texas Sugar Ref 1st 6s '44..FAA/ 71M Thermoid Co 5s w w 1951—JAD Term 16 Wise Lime A Cement 6s '38.AAC / 75 Witherbee Sherman Inc—• Extend income 6s 1963 MAN / 40 Wood (Alan) Ir A St 6s 1944.AAO 102 M Woodland Farm Dairy— 120 M 102* 85 ; ir- • fiayre A Fisher Brick 6s 1947. JAJ Schoenstadt (H) A Son 6s 1950 — Scbulco Co 6 Ms 1946 —JAJ Stamped (July 1933 coup on; Guar s f 6M« 1946 ser B-.AAC Stamped----- Scovill MfgCo 5 Ms 1951—JAJ 99% JAJ 5Ms 1943 2M Tcnn Copper A Chemical— Conv deb 6s 1944 ser B—.MAS Conv 6s 3d stpd 1944 96 92 M 110 JAJ f MAS A 1930 Wilson A Co 4s ser A1955..-JAJ Conv debs 3Ms 1947 AAO Ulen A Co— 50* " ser Secured 6s 1945 Sugar Estates of Oriente— 1st 7s 1942 ctfs of dep. 4 MAS / Sugar Pine Lumber Co— 50 1st M serial 6s 1932-1942-MAS 85 Superior Steel Corp 6s 1938.JAD Susquehanna Silk Mills— 4 Sink fund deb 5s 1938-! JAD 105 M Swift A Co 3Ms 1950... MAN 94 Taggart Bros Co 6s 1944 JAD Taylor-Warton Iron A Steel— 72 Coll inc 7 Ms July 1 1958—AAO 81 / llUuvb 14 M 63 46 - Wilcox Oil 6c Gas 6s 1945 1st • f 5Ms ser A 1951 MAS Ticonderoga Pulp A Paper 6s 1940 Tide Water Assoc Oil 3Ms *52 AJ Tletz (Leonard) 7 Ms x-w '46-JAJ Tilden Lumb A Mills 6 Ms'46M AS Tivoli Brewing conv 5s 1947 JAD Tomahawk Kraft Paper— 1st 5s (with stk) 1951 —AAO Trask Timber 1st 3s 1944 JAD Turner Glass Co 1st 6s 1939-JAD 82 Deb 6s 1940 MAN Wickw Spencer Steel 7s '35--JAJ Certificates of deposit / Pr lien A coll 7s Jan 1935-MAN Certificates of denosit / — Conv 6s 4th stamp Saratoga Victory Mills— 6 Ms 1943 Saxon Pub Wks (Germany)- O /o 13 M 60 103 47 101 A P 5s 55 stpd JAJ fit Paul Un Stk Yds 5s 1946- AAO fialtex Looms Inc 6s 1954. -AAO Samson Tire A Rubb 6 Ms *39 MAN Whitaker Paper 7s 1942 White Sewing Machine— 74 62 82 Tenn Prod 1st 6 Ms 1936 Vv.ai enouse id 5s '42 81 100 Disinfecting 6s 1940.-JAJ West Indies Sugar 6s 1947--A AO 90 W Va Coal A Coke 1st 6s '50.JAJ / 15 West Va Pgh Coal 6s 1947 / 5 W Va Pulp A Paper 4Mb '52 JAD 105 M Western Newspaper Union— Conv deb 6s 1944 F&A 53 _ 92 M 79 H 5s 95 West Debenture 4Mb 1945——JAD Wheeling Steel Corp— 1st M s f 4Ms ser A 1966—FAA 77 M RR 44 43 MAS / —MAS / Warren (S D) Co— 1st mtge s f 4Mb 1952——MAN Conv deb 4 Ms 1952— MAN Webster OAC 1st g 5s '42 op MAS 15 76 & 69 M Warren Bros Co— Conv s f deb 6s 1941 5 Ms notes 1937 12 1st mtges f 5 Ms ww 1949. AAO Studebaker Corp 6s 1945 JAJ Stutz Motor Oar 7 Ms 1937—AAO Coal 75% Western Steel Products— 101K Tenn loo" 90 106 Gen s f 5s Jan 311956—Q Feb Weyenberg Shoe Mfg— „ 15 98 35 16 31 Struthers Wells Titusville— 106" 30 66 M 76 70 _ f 5s 1948 11^ 99 8 15 31 10£A 68 110 101 s 60 Warner-Quinlan Co 6s 1939.MAS / Warner Sugar Corp 7s 1939.JAJ / MAS 1st 98M 95 ^ 4M 99 M 104 M 15 4s ctfe of 94 M s f deb 1955.AAO 20-yr 1st mtge 4s 1955...-AAO Warner Bros Pict 6s 1939 MAS Warner Co 1st 6s 1944 AAO 81 7s 20 Walworth Co 6s _ 102 M W4lH Waltham W'tch A Ol'k 6s '43 JAD Walton Lumber 1st 6 Ms '41 Q^Jan 19* 40 MAS 36 93 26 . JAD — 4 16 Stanley Co (Camden) 6s 40 JAD Stanley Orandall 6s 1946--FAA Stanly-Rowl-Clark 6s 1946—FAA Starrett Corporation— Secured cum Inc 3-5s Apr 1950Steel Co of Can 6s 1940 JAJ Stern Brothers 6s s f 1947—JAD Stevens A Thompson Pap 6s 1942 Stillwater Worsted Mills— Deb 5 Ms A1943 FAA Stinnes (Hugo) Corp— Stand i'extile Prod 6 Ms *42 36 1st 7Ms 1943 —..MAN Wabasso Cot'n 3M-4Ms *51 FAA Walker (Hiram)-G A W— Deb 4M° 1945. 68 102 M 100 36 f 94M 62 37 M 99 Viau Biscuit Corp 6 Ms '40—JAJ Vicana Sugar Co 6s 1P55 JAJ Victor Amer Fuel 6s 1940 FAA Victor Fuel 1st- s f g 5s 1953..JAJ Va Iron Coal A Coke 5s '49.MAS Vulcanite Portland Cement— ^ AAO Dairy Products— 1942.JAD Certificates of deposit _ 6 Ms w w 1938 MAN Conv income 5s 1944 S'west Lumb Mills 5s 1955—MAN./ So'western 100 100 95 95 . 66 M 102 % Van Dorn Iron Wks 7s June 11942 70 70 15"" 120 92 FAA " 106M 10 Corp— f 5s 1940 6Msseries A 1951. J&D / 0Ms series O 1951 JAD 6 Ms series A 1947 JAJ / United Stockyards Corp— 15-yrcoll tr 4Ms A ww '51 AAO United Wall Paper Fac 6s 1947.. Universal Sewer Pipe 6s 1938.JAJ Utilities Rlkhorn Coal 6s 1948 T&J f Valvoline Dil ext 5s 1947—MAN Vanadium Corp of Amer— Conv deb 5s 1941 AAO Van Camp's Inc 1st 6s 1943..JAJ 55 106 M s . 98 115 U S Steel Corp 3 Ms debs '48 JAD U S Trucking Corp 5Ms'43.-JAD United Steel Works (Germany) 94 96M deb 69M 101 98 U 8 Pipe A Foundry Co— Conv deb 3Ms 1946 MAN US Print A Lit ho 6s 1950—AAO 91 30 76 68 M 98 A 1940.FAA ser Ask 26M Storage(Chg)6s'45.JAJ (Kan City)— U S Cold Storage 1st sink fund os 63 99 gtd 7s 1940 JAD 1st gtd 6Ms 1940--------JAD 43 1957——M& , 1948--JAJ 1st 75M —-MA stock) 65% Simpsons Ltd— 1st A coll 4 Ms A 1951 JAJ Skelly Oil deb 4s 1951 _/&J Slattery Co 1st 6 Ms '45——MAN Smith (Howard) Paper Mills Ltd 1st 4Mb 1951 -—JAD Smith (L C) A Corona Typewj rs Deb 2% to 4 M % to 1946--.JAJ . 48 M 1st income 6s 1958 JAD Protestant Church of Germai 7s 1946 / — common United Merch A Mfrs 6s 1945 JAD United Mecurlties Ltd 5Ms 1952.. South Coast Produce Term A Cold Storage-— Prov Paper Signal Oil A Gas— Conv 6 Ms A 1945---—MAN Signode Steel Strap 3 Ms 45. AAO Silesian-Am Corp 7s 1941..-*AA flilverw'd Dairies 5s '41 to 61 JAJ Simmons Co Conv deb 4s 52AAO Smith A Wesson 5 Ms 90 MAS MAS 1941-43 1st 5s 1957 2d conv deb 4s 103 % Southern Brighton Mills— - 1st 3s 1939-40 --J&J 1940 io8* r Sooony-Vacuum Oil a Ms *50-AAO 103 94 9M 105 Poor A Co s f deb 4s1946—AAO Portld Woolen Mills 6 Ms'41 MAN Porto Blcan Amer Tobacco—■ Conv 6s 1942JAJ Potomac Bond Corp 2-5s 1953--Potomac Cons Deb Corp 3-6s '63. Potomac Deb Corp 3-6s 1953---Potomac Franklin Deb 3-6s 1953. Potomac Md Deb Corp 3-6s 1953 Potomac Realty Atl Deb Corp— 3-6s 1953 Potrero Sug 7s stmp 1947--MAN Pratt Cons Coal 1st s f 5s 55 JAJ Pressed Steel Car Co 5s '51--JAJ Price Bros A Co Ltd— 38 107 % United Industrial 1st 6s 1945-JAD f Deb 6 Ms 1941 .—MAN • 1951—-MAS Bid Bonds Ask 7 Sheridan-Wyoming Coal Co— 58 M 1st 8 f 6s 1947 -—-JAJ Siemens A Halske 10-yr 7s 35 JAJ 76 Deb g s f 6 Ms '51 with war MAS Deb 6s 2930 —Ann Apr / 470 7s 105 M -—MAS / 6sww 1943 Shell Union Oil Corp— 15-year 3Ms debs Properties— f 3-4s 1961 s Seneca Copper 7s 1933---—JA^ Servel Corp 5s 1948 .JAJ 85 J&J Pennsylvania-Dixie Cement Corp 1st m s f 6s 1941 ser A.MAS15 Pennsylvania Glass Sand Corp— 1st. s f 4 M>s 1960 JAD Secured Bid Bonds Ask Bid Bonds Paton Mfg Ltd 1st 4M• '50.MAS Pea body Coal Co (Consol Co)— 76 t/80 500 70 200 6,500 1,300 115 500 44 500 "500 1,100 49 69 1~260 "300 900 "600 99 107 M San Fran Stock Ex. Seattle Stock Exch 1 Seattle Curb A M. j 33 250 "250 72 725* Toronto Stock Exch 113 65,000 02,500 86 86 M 88 Washington Stk Ex Winnipeg Gr Exch. 40 500 "256 500 463 5,800 5,000 5,700 79 H 81 97 83 72 OO M 98 97 107 M r Canauua prices" * Salenrlca* v 80 saata. 70 18,000 members. Quotation! for all securities are as near as possible for the closing Stocks Stocks Ask Bid Par Bid . . kSTOCKS Dunean 20 Mills 5 27 109 29 22 27 13 7 % preferred-.100 21 60 5c 70 28 30" 9X 8H 45 * Carpet common.* Preferred 100 Border City Mfg 100 Bourne Mills * 10 X 10 97 7 90 preferred. 95" 100 . 17 20 40 Ariz 42 36 Oonv 9 4X 3 X X 12X 100 15* 28 32 17X 20 Prior preferred .25 Hathaway Mfg.. 100 Kllburn M (N B).75 .100 Martel Mills 1 Preferred 8.50 Mohawk Carpet. .20 Mt V-Woodb Mills Gossett Mills .... 90 36 . 7X G-anteville Mfg. .20 Grendel Mills Preferred—...20 Mills Knit.5 9 7% preferred..100 105 42" Hanes (F H) "2" 38 Hanover 20 1 14 17M 17X 94 ix 38 7X UX 8X 13 X 39 13 22 Pacific Mills 17X 18 Inman X Pepperell Mfg 100 Pierce Mfg 100 Pilgrim Mills 100 Plymouth Cord. lOO >85 82 lOO" Cerro de Pasco 35 Boston Wharf...100 a 22 96 100 Copper Canyon. 10c Copper Range * Cornucopia Gold.5c 25c 35c mi m Mi 66 jx OX 7 IX 14 16 Mooresville Cotton. 9 11 6c 10c 2 37 40 Musgrove Cotton— Nat Yarn Mills 50 Cusi Mexicana—50c Dome Mines Ltd—* 40 45" Eagle Pich Lead. .10 Newberry C M..100 77 82 Norris Cot Mills 45 38 40 85 45" 61 66 Cot Mills 7% preferred 17 35 9X 8X Perfection Spinning. Pickens Cot Mills 85 4X 76 55 24 28 4X 70 65 Saxon Mills. 44 85 89 Sibley Mfg (Ga).100 Smyre (A M) Mfg 10 7% preferred Southern Bleachery . 25 1 1 • 20 23 8 Beaumont Mfg.... 9X - preferred Mills(SO).25 4 Preferred.. 12 61 86 90 ' ' 27 — - 7% preferred Burlington Mills— 1 ..50 Callaway Mills * Cannon Mills Ohadwick-Hoskins Co 10 - i.' - ' — — 3X - 14 14 40 45 X 7 % preferred. .100 68 > ■ — — ~ 96 100 105 53 v;" 57 Columbus Mfg (Ga) Converse (D K)_100 60 83 65 87 37" 42" 1st M 6s Jan Mills 12 IX IX 29X __* Warrants Island Creek Coal.l $6 preferred 1 Isle Royale Cop. .25 20X .... X 41X 19" King David Min.50c 45 X IX 42 Kirkland LakeGold 1 Lane Rincon Minesl 52 58 65 8 10 Louisiana L'd & Ex 1 1941 Wallace Mfg Co Ware Shoals Mfg 100 Washington Mi lis. Wellington Mills. .* Preferred 100 West Point Mfg..20 Winget Yarn Mills Mtge 6s _ Wiscassett Mills Woodside Cotton.20 3 GUAR¬ ANTEE & SAFE DEPOSIT STKS. Bankers Bond & Bond & M Guar..20 E mpireTTflOv&Gu 100 9X 1 8c 10 Home Title Ids (NY) Lawyers' M Co\__20 Lawyers Title & Guaranty _\100 Natl Surety Co.\10 Title Guar & Ti of New York 20 ox 36 8/ INDUSTRIAL AND MISCELLANEOUS 52* 95c 4X% convpfd 100 Abbotts' Dairy * 8X 124 3X X 41X X X IX IX 52 X 1.00 >'>' 9 Abitibi Pow & Pap.* 85 80 9Q 100 «■» «• M 28 32 37 41X 40 58 41 25 29 8X UX 20 X 7X hi* 24X 25 2X 3 Abraham & Straus Acme Steel 25 Acme Wire v t c._20 Adams (J D) Mfg..* Adams Express.. Adams Millis Adams Oil & • * Gas.* 11 21 73 22 X 31 20c Advance 45 X Mines.... and Mines com New Jersey Zinc 25 7X 2X 45c 7X Class A 64 2 66 ___* * Aetna Brewery.. 15X 3X 7 5c 1 * Preferred 100 Aetna Stand Engine* Preferred ....100 Agfa Ansco * a Purchaser also pays accrued dividend. f Flat price. 2X 4X Aetna Ball Bear—.1 Aetna Rubber JX )2X 6% preferred A. 50 Aero Supply Mfg— Class B 2X 35c Mt City Copper..5c National Tunnel Castings com...5 Rumely 18X 3% <1* 20c X 35* r ~7X 7 . 80 85 127 135 5 7 36M 39"" 10 10^ Agnew-Surpass— Shoe com * r Air Devices Corp.. Withsut par value* 8 Aeolian Co— UX 45X UX ** o Preferred 100 r 107 9 Ainsworth Mfg....5 Air Associates.....' 8X * 10 Mul- 15c m 106 65" " ;i« 27 30M Canada.. * Mother Load Coali'n 60 3X 100 6% pref Addressograph 10 Mining Corp of 50 50" 11 65 7% preferred—100 Miami Copper....5 113 9X 60 20 Magma Copper OolO Mayflower-Old Colony Oopper_25 19 43 51 15 $6 preferred ...75 tigraph Corp... 10 Advance Aluminum Gold Mining 86 17 90c 50 Aberfoyle Mfg.. 100 McIntyrePorcupine5 82"" 39 80c 110 Abercrombie & Fitch Common 1 2ix Lucky Tiger Comb 5 B Stove * Abbott Lab'tories.* __ 10 15X 9X Lake Sh Mines Ltd 1 Lava Cap Gold Mini 7 % preferred-. 100 15 47 29X 9X 37 1st 7% pref...100 2d 5% pref—.100 Victor-Monagh'n 100 7% preferred.. 100 Victory Yarn Mills— 27 93 Clifton Mfg (SO) 100 Climax Spinning. .50 46 * Jardlne Mining .1 Kennecott Copper.* Kildun Mining 1 Union-Buffalo Mills Common 10 84 Bay Min Smelting 100 20 11 $ 8 16" 13 Class A pref...100 Class B pref 50 64 02X 62 X 115 17 20 TITLE 15 Inspiration Cons Copper 20 Internatl Mining. .1 5 47 45 79 49 9X 14X 5 Illinois Zinc.. 11 7 % preferredlOO Southern Weaving.* Southern Worsted— 18 preferred. -100 & 75 40 Hotel Tr (Boston) 100 Kimball Bldg Tr 100 a Hudson 9 98 Startex Mills.. 7X 7 40 12 X common 100 Sterling Spinning Stowe Spinning—.— Textiles Inc com.. 10 China Grove Cot— 23 7 3 Spartan Mills 82 Calhoun Mills Howe Sound Co 17 98 Franklin com Xe X 5 3 500. 12 Mortgage Guar..* 39 X 38 5 12 110 City RET (C) 500 a Congress St Associ¬ ates (Boston).l00 a Factory Bldg Tr.100 a Fifty Associates (B). « Homestake Mines * Process 6 56 Bibb Mfg.. --—100 Brandon Corp A Class B Hollinger Mines Cent Bldg Tr 100 a Chic R E Trus's. 100 a 92 95 6 iox 80 6 Print Wks—.* Southern 100 IX 86 Power common..5 Greene-Cananea. 100 Hecla Mining 25c 75 Preferred 95 - 95 X Granby Cons M 8 & 50 55 41 Preferred Arcade Cotton UX 4X 1 13X Rowan Cotton Mills 33 3X Smelting com. .10 7% preferredlOO Golden Cycle CorplO 75 93 25 6% preferred.. 100 32^ UX 7 % preferred. .100 Evans-Wailower Zinc, Inc 1 Federal Mining & Goldfield Consol Mines Riverside & Dan Kiv Common 60 28 100 7% preferred.. 100 100 62" 120 Rhodiss Mills 7% pf Riverdale Mills— 95 54 Mfg 20 (F W) Mfg.. 100 90 110 26 Consolidated Evans Wall Lead— 100 Orr Pacolet Mfg 33 100 Oresson 100 7% preferred. .100 IX 25 Appleton Co Spinning.. Dallas Mfg (Ala) 100 Darl'gton Mfg(SO) 6 Bos Stor w'h'se.100 a OX 70c Alabama Mills * Amer Yarn & Proc. _ Oowpens IX 4c 61 ...1 60c 4 Orescent 1 50 ^ 9 2c 10c 45 mt REAL ESTATE TR & LAND STOCKS 18 6X 59 X •» IX 5 20 Consol Copper 5 Cons Min & Smelt .5 — Mining Co BosRET(Bos)-100 a Como Mines Mills 8 ....♦ Bd ofTr Bid Tr.lOO,® Bos Gr'd R*T Tr 100 « 38 ,' IX Hargreaves Mines 42 35 100 Wright x X. Copper 25 Creek Cons— Common 46 46 * % X 34" Poe 20 Chile Clear 95c 9 Gold Min&M—1 ^ 6% preferred 46 19 IX 126 Utah Metal & Tun.l Walker Mining 1 2X 77 M—100 Ghiquoia Mfg 2X 8X X X Chief Consol Min__ 1 41 17X 4X IX 25c Yukon Pacific Central Am Mines. 1 63 '1 United Verde Ext50c Utah Copper Co. .10 16 20 20 Acme Spinning..— b 28X 82 Abbeville Mills 8% 35c 28 X 1 61 Piedmont Belton 25c 78 70 10X Southern Mills 7% 100 Silver-Lead. 1 Sunshine Mining.lOc Tonopah Mining. .1 Union Copper Land & Mining 25 Mill pref.. 100 Monarch Mills. .100 9 14 Mohawk Mills X IX Majestic Mfg Marion Mfg Co Marlboro O Mills—4 Cotton Mills. .100 Avondale Mills Stand Limestone Cot Mills 4% 20 Sagamore Mfg (F R) —100 Sanford Mills... * Saratoga Victory Mills common—* Preferred * Soule Mill (NB)-100 Mills So Am Gold & Plafc.l Linford Mills. Vs * 7 % preferred. _ 100 Anderson Cotton Carnegie Metals ss Silver King Coal.-.5 18 ~y* Zino-Lead 1 5 100 Laurens C M 4 Saco Lowell Shops Common ...—* Wamsutta 85 44" 1 5 6c Calumet & Hecla Lanett 98 lch Borden Mfg gulssett Mills—100 „ Callahan Copper Shattuck Denn 35 X 10 pflOO B Seneca 35^ iox % 65 Co King (J P) Mfg.. 100 Bleachery & Dye Works com 10 1 _ Judson Mills A St Anth Gold M...1 St Joseph Lead 10 43 16 X 4X 50 18X . 35 Z Oo.S 60 80 Mills Preferred 22" Powdrell & Alexander common 5 & X Butte Cop & Butte & Sup 1$ 25 snares. 5c &Sull'nM&C2H 10 50 3X 10X Antelope Min Ltd Amer 8X 5 44 Preferred Plymouth Preferred B Bulolo Quincy UX Bunker Hill 7 45 Industrial Cotton Mills pref Mills pref 8c Roan Mines—1 Gold Dredg¬ 95 11 19 * 6c 11 Consol 24 im Amer shs ctfs__10 Pioneer Gold Ltd—1 Polaris Mining..25c 106 5 Copper ing. Ltd 36 Preferred A 95 3X 106 1 Comstock Bagdad 10 4% preferred $3 prior pref Highland Pk Mfg 20 6% preferred Imperial Yarn 7X Pocahontas __...* Premier Gold M...1 Austin Silver Min—1 98 85 Hartsville Cot Mills. 100 Co (F R) 10X 110 29 X 106 Black Hawk 2nd preferred —1 Nonquitt M (N B)_* Patch ogue 9 Henrietta Mills-— (Baltimore)... 100 Preferred..-100 Nashawena M * Nashua M(NH) 100 Preferred 40 Mills— 6% preferred 11 : 60c 29 Enterprise— Alaska Juneau .5* Mills .100 Glenwood Hamrick 50 Luther Mfg 7X 10 Gainesville Cot Mills 63 60 * pref f 16c 42c 106 100 100 100 100 STOCKS 35 38 32 13c Consol Mines...1 Admiralty Alaska Gold Mining 1 Gold Mining 10 Altar Cons Mines. X Amer Zinc Lead & Smelting—' 1 $5 prior conv pf 25 AnacondaCopMin 50 Andes Copper M.20 Cotton * 58c Pond Creek MINING 100 50c Patino Mines & f 1935............ / / / 96 73 Oriental Cons Min'g Pacific Tin..... * Park-Utah— is" Atlantic Mutual— 47 Gafrney Mfg..—50 General Cotton—* GosnoldM (NB)..» Utica 19376 30 X 72 .1 Old Dominion Go.25 MARINE INSUR¬ ANCE SCRIP 10 Mills...100 Mills. 100 Preferred 7% 115 28 Ohio Copper of Utah 100 * 9X IX Noranda Mines * North Butte 2.50 48" 96 47 74 7X 5 50 1934 preferred Florence Fulton Bag & Brighton Mills— Preferred 100 Dexdale Hosiery— Preferred. ....100 Draper Corp.. Parr Alpaca 7% 83 108 10 Flint Mfg Co 26 25H Preferred 10 Nipissing Mines 145 _ Wabasso Cotton 19 X 17X 20 Erwin Cotton 6% preferred-.100 Fairforest Finish Co Serial notes 42 39 16 50 100 Common Spinning Co... preferred 7% preferred Bigelow-Sanford 13 45 60 Rosario 67 64 Montreal Cottons. Preferred 100 23 45 71 Preferred 100 N Y & Honduras 106" 100 Domin Text Ltd—* Preferred 100 Penmans Ltd com.* 100 Enterprise Mfg (Ga) 80 5% 18 38 Efird Mfg Pine Newmont Mining. 10 New River Co 100 100 Can Cottons Ltd 12 7% preferred 10 60 Per share 10 Converters. 100 Can Preferred Durham Hosiery— 6% preferred. .100 Dwight Mfg.—12 X Eagle & Phenix—100 Eagle Vara Easley Cotton Mills 115 17 100 Preferred Berkshire 105 *7" 20 Drayton Mills Ask Bid Par Per share' Canadian Mills Dixon Mills TEXTILE Northern Mills Algonquin Print. 100 American Mfg.. 100 i« 6% Preferred. 100 Amoskeag Mfg * Arlington Mi lis. .100 Barnard Mfg...100 Beacon Mfg 100 Stocks Ask Bid Par Stocks Ask Per share Per share J .... Par day of the month preceding the date of issue k Last sale. n Nominal. r Canadian price. t New stock* X ~9X 9 X * uix-uiviuena. INDUSTRIAL AUG., 1938] MISCELLANEOUS & Quotations for all securities are as near as possible Stocks Ask Bid Par Stocks Par 62 25 * Am Internat 50 45 100 Vol trust ctfs 5X 4% 5 5 r 100 Preferred r 26 Imt 8% pref. 100 Steel com.* _ 13 X Allegheny Steel * ' Allen Industries... 1 Allen town Oement 14 64 100 68 18 % 9 19 9% 2% X * 5 100 2X & 1 Dye Corp common * ('hem 179 Allied Laboratories * Allied Mills lnc * 10 X 13 X 14" Allied Paper Mills .1 Allied Prod (Mich) CI A conv com_25 2X 2% 12 v 20 15 7 10 10X 61 68 * 50 X 3X Alloy Oast Steel—* 8 Alpha l'ortl Cem..* Aluminum Co com. * 18 1 leather 6% conv pref—60 Amalg Sugar 1 5% preferred... 10 Amarel Corp 100 * Amer Agric Chem— * (Delaware) Amer Air Lines... 10 American Arch * Am Bakeries pref 100 Class A........* Class B * Am Bank Note 10 Amerada Corp 6% preferred 50 Bemberg com.* Preferred 100 Am Beverage Corp. 1 7% preferred 5 American Book 100 Amer Box Board..1 A.Brake Sh & Fdy— Common..; * . 5%% conv pf.100 American Can 25 .... 7% preferred..100 Amer 50% 106 102 X 15 4X 113 X 104 X 2% 19% 2 6X 73 X 18% 107 X 103 X July6 20 115 106 2% 24 2% 6X 74 6% preferred—100 American Stores.._* 9 American Stove Amer Sugar Ref.100 7% preferred-.100 28 33 Common Am 20% 56 59 Am Type Found. 80 65 Preferred 100 Common ""% 10 11 Am Woolen Co 40 Amer * 7% preferred. .100 131X 98 X 166 X Wringer— Amer QQ 18 8 62 Bartgis Bros com..l 6% conv pref..25 39 American shares. IX 49 7* 20 X 109 .100 Preferred 100 1% 20% 27 30 40% _ 48 17 Antllla 20 19% 9% 9 45 •40 «!* 50 1 3 13% 1% Apex ElecMfg * Applied Arts 1 Appollo Steel. 10 Apponaug Co...—• AP W Paper ._» 2 13 X 12 % 13 77 X 23 X 77% 26 Argo Oil 20 23 X Ark Fuel Oil pref. 10 Armour & Co of Del 8 7% guar pref.-100 Armour & Co (111)— 100 13% 11X 23% 11% 5% Amer Dist Teleg— * 95 98 7% preferred.. 100 117 — 6% preferred—10 pf 10 Amer Distilling Amer 1 Enka—* Tiling Co Amer Equities Co. . 1 5X 35X 2X 5% 38% 3 170 500 Am Fabrics, pref 100 9 14 Amer Felt common * Preferred 100 11 15 60 65 Amer Forging and .* Amer Fork & Hoe. * Preferred 100 Am Fruit Growers.* Preferred 50 Am Furniture-.—.1 Am Hair & Felt—* Socket com _ i!H 6 12 He geman 6 IX 2% preferred.. 100 93 14 13 26X 28% U 12 2l" 1% 3% 27 41 42 10 • ~2~" 17 X 15 2% 19 Assoc c common Associated 72 75 Atl Coast Fisheries-» Atlantic Co com tH $3 preferred $6 preferred—100 * Last sale, i 70 n Nominal, r 4% Belmont 1% if* Canadian price, x 15 4% 10 * Collender 50 Berghoff Brewing—1 Class A common.* 11 5 7% preferred-.100 Bickrords lnc * Preferred... * Billings & Spen—25 Bing & Bing 5 Mfg---—...1 12 20 25 . 45* 5% 5% 95 20% 36% 21% 37 Burma lnc Burco * 25 com 8% 8 10 6* 10 * 3% 4% 30 42 Burns Br08 com—* 2X IX Preferred Preferred Corp Ltd— Am dep receipts- 4% 6 2% 1% Burroughs Adding % % 1 5 9^ 5% 48 2% 1 Machine. Biscuit. 12 %c com * 7% debenture. 100 Bush Term Bldgs— 7% pref ctfs-.100 Burry Bush Term Co 10 Butler Bros 5% conv pref..30 ilH 23 58% 15% 96% 58% 15% 97% al* .2% 11% 12% Class B_ 33 5 35 Preferred... 60 F 6 3 6% Birdsboro Steel Ex-dtvldend. Watch Burd Piston Ring-.l Burdines lnc 1 47 5% preferred—.20 7 % preferred- .100 B/G Foods lnc * * * 18% 53% 11% 7% preferred. -100 50 * * Budd Wheel Bullard Co 17% 52% 10% 9% 75 — 44 Bulova 6 Mach.* 7% preferred. .100 11% 6 Bunte Bros com.. 10 Purchase warrants Borland Shoe St—* Beth Fdy & Mfg..* 53 Gay Fur¬ common. .1 Bessemer Limestone 6 Cement com..* 11% 25 Buda Co com—100 Budd (E G) 2% 21% 2% : 20 11% 13 Beneficial Fdy & Mach com * 73 35 3% Brunswick-Balke- 7% preferred-.100 Common Binks 4% ?!* 8% 13% Belt Preferred a Rayon.* Aircraft..1 Beth Steel (Del) 9% 9% % April 5 % Mar 4 5% 3% ~4% 4% 4% * 7% 21 34 8% 12 X 12 Best & Co 83 69 Athey Truss Wheel 4 Without par value. 118 10% * * Laundries V t • 15% 111 1 100 niture 4% A pref 7 19 X 90 15 120 Berkey & 8% Class —1 * Bucyrus-Erie Co—5 7% cum pref..100 Bucyrus-Monighan 112 Industrial * Preferred * Beneficial Loan Soc * Benson & Hedges-.* Conv pref --* 19% 1% common 58 Loan common 23 2% Brown Fence & Wire 33 21 8 2 2% 54 Bender Body com. .5 Bendix Aviation—5 19 * Distillery 31% 18% 5 6% 4 29% $5 preferred—.* 7% 52 35c Assoc 4% 25X 6% non-cum pflOO Brew (Can).* 7% preferred. .100 Dry G'ds—1 6% 1st pref...100 7% 2d pref...100 Assoc El Indus Ltd Am dep rets ord '> registered £1 Assoc 101% 1% 3* 26% Forman Brown Bruce (E L) Co 5 Bruck Silk Mills..-* 4 79 Ashland Oil & Ref.l Amer Hosiery.—-25 Amer Ice Co.. Corp Brown Co 6% pf.100 Brown Durrell....* Brown Shoe 49 40% 15c * 7% preferred-.100 Art Metal Constr.10 Art Metal Works.-5 Arundel Corp * Asbestos Mfg com.l Artloom _ 18 Radio.L—* %6 39% Arrowhead Petrol— at* 60 6% preferred—60 Elec.10 1% 16% RR & Stk Yds 50 Preferred 50 9 Registered Buckeye Pipe L..50 Buckeye Steel Cast * Bellanca 7% Coupon 45 Belding Hem'way..* Arrow U art- 9 30 Amer Home Prod—1 1 Aircraft 1 27 Am Hide & Leath—* Arrow 6 ,rJ Amer Hard ware..25 Am-Hawaiian SS.10 4% 6% 7% %6 " % 4% 10% 22 Brit-Amer Oil Ltd— 30 Belden Mfg com. .10 Bell Aircraft ..1 90% 44% 9% 9 40 % 10% 50 6619 41 39 Amer dep rets. 10s Brockway Motor— Truck common. * Preferred..—100 3 5% 10% 1% $1% conv pref. 20 Aircraft 1 «§M 44 5% preferred—30 Aro Equipt Corp—1 100 2d preferred. .100 Amer Hard Rubb.50 1st preferred-.100 6% 6 w*> 63 Jul 38 Beech 105 8% 20 Beech-Nut Pack. .20 $6 convpr pref..* 7% preferred.. 100 Armstrong Cork—* Armstrong Rubb A* Arnold. Constable.5 Arnold Print Works Common * 5 26 24 100 Beaunit Mills Inc.10 10 % 4 12 preferred ..100 1st preferred.. 2d % 3% 1% 39 17 Bearings Co (Am).* 37% 22 114 96% 33 % 40 33 5 .Brown Rubber. $5 preferred w w_* 78% 26% 26% & Cadwell 2 6% 11% 7% 25 Bristol Brass Ordinary bearer £1 British Celanese Ltd 21 17% 6 11% 7% 2! % 19% 15% Cream. .25 ~5" 25% 25% 20 common-.25 18 15 21% 17 112 20% —* * 96% Warrants 30% % 4% 5 Common 119 Amer Express—100 8% 7% preferred-.100 Arcturus Rad Tube * Encaustic American 29 120- Archer-Dan-MIdl'd * ..* k Inc.—...25 19% 16% Brit-Amer Tob reg£l 14% 98% 4 3% 7% preferred-.100 * "3% 10 13 X Mfg * 1% 15% 3 it* it* IF Beatrice A..* :■ Bristol-Myers 6 20 * B Brillo Mfg Class A Brinks, % •10% Bayuk Cigars.. * 7% 1st pref—100 Class 8% * 7 10 7 10 6% 1st pref—100 Am Cyanamid A. 10 20 July 12 Apr. 1 Beaton 14% 6 Commercial Alcohol com—20 Amer 12 30% 10% * Preferred 3% Sugar—100 Anheuser Busch 8 - 109% 40 1 Corp 8 1 6 Paper A Class B. Angostura-W uppermann iP Bridgeport Brass. .* Bridgeport Mach..* Preferred 100 Briggs Mfg * Briggs & Stratton..* Bright Star Elec— Brill Corp class Class B 2 Baumann (Lud) * 7 % preferred .100 Bausch & Lomb * Co common 2% 20% 13% 1% Optical com 10 5% preferred..100 Bay State Fishing.* 109 Andian Nat Corp..* yBrewster Aeronaut'! 1 Bathurst Power 19 18% * $6% conv pref..* ■if* 1 Bastian-Blesslng _.* Bates Mfg 100 Anchor Post Fence 116% 100 Amer Coal (N J)..25 Amer Colortype.. 10 Anchor Hocking Glass common 1 10 110 Class B Basic Dolomite 5% 1% Bath Iron Wks & Cable com—.* 2 28% 49% 28 5 Barnsdall Oil. OX 1% Writing Pap.* Trading s AH 29% 9% 19% % Barnsdall Refining. 1 4% * ■in preferred-.100 Brager Eisenberg—1 Breeze Corp 1 1st 20% * 16 7 Amsterdam 166% Bros * com Brach (E J) & Sons * Bradley Knitting— 25 5%% pref 50 Barlow & Seelig cl A5 Anaconda Wire Cigar Co Am Crystal Sugar Barker % 38% Preferred-....100 60 Casket 10H * 58 6 -• 98 I* 1 * preferred Boyertown Burial 21% 2% Bardstown Distill._1 Stainless 6 30 1 Bilt 1st preferred.. 100 ~4% 1 com 28 Bondholders 2d Barium Steel * 56 39 6 8 A.65 Hotels— .__* V 3% Biltmore Bowman 85 Bankers Industrial— 144 * Class A 30 Service clA 25% Common 40 100 new 34 24% 43 10% 13 com Barber Asphalt 10 Barber (W H) Co._l Amer Wind Glass— 1 2% Amer Cigarette & preferred..100 10 7% preferred..100 11 ,2* _ 4 5 Am Vitrified Prod.* 22 for 1 2 80 2 115 110 32 39 19 22% 10 Bo win 8* 96 17% 21% 5 Preferred ¥ 7* Bancroft (J) & Sons* Preferred 100 §4% 88 7% Transformer. 10 34% 23% 20% 33 58 87% 140% 6% preferred. -100 103 19% &" 25 B 27% 7% * Baldwin Rubber 54 50 Thread prof. 5 com .25 76 c Rubber com..* Preferred 100 Bourjois, lnc * $2.75 cum pref..* Bower Roll BT'g—5 14 2% ■P 16% Botany Worsted 2% 36% 12 New warrants 18% % 18% Preferred 4% 4% 36 7% pref 7% pref 18 Arr.er Thermos A__* & 10% Woven Hose Boston 18 10 V t 112 Am Sumatra Tob—* Amer Television.. $8 Mills A Baldwin Duckw'th.* Baldw Loco Wks._* 13% 27% * 31 Borg-Warner Corp.5 Borne Scrymser..25 96 12% 17% Boston Herald Traveler Corp—* 1% 4% Preferred 100 Balaban & Katz__25 Preferred 100 29% 29 Am Tobacco 113 6% 145 Amer * Chicle 6% non-cum pflOO Amer Steamship. 100 Am Steel F'dries * 14% Amer Centrifugal. Amer 55 141 85 X 100 Am Chain & Cable 128% 29% 47% 13% % 20 * 9 46 B Common 19% 13 ... 2 28% 95% X Aviation Corp(Del)3 134% 55% 144% 15 17% 4% Aviation & Transpor¬ tation Corn 1 Axton-Fish Tob A 10 Backstay Welt W* 62 2SH * Bond Stores com.-l Borden Co 15 9% com Baird Telev pref. Baker Chemical IF Bon Ami com A—* ex-warr.25 Warrants 50 "? 25% 28% Bohn Alum & Br.-5 Preferred 100 Babcock & Wilcox.* iS* $* Snuff. .25 American 80 13 X 100 Amer Carmel Preferred Seal-Kap 2 Seating * Ship Build--* Am Smelt & Refg—* 7% preferred..100 Amer 100 16% Bohack (H C) com.* 1st preferred-.100 Bohack Realty pflOO 1% pref 25 Class B 30 98 7% preferred..100 6 8* 27 Bloomingdale Bros.* Blumenthal (S> com* 528* 16 Pref M Amer 4^ 20% 5 5 20% 79% IV* Amer 270 230 Properties ......* * 7% preferred—100 18.50 Common 10 X 9% 20% 78% American Screw. 100 4 Canadian Am Car & Fdy 152 7% cum pref 100 Republics com 10 Amer Rolling Mill 25 4%% conv pf 100 Am Safety Razor Am 20% 28 Tobacco Common 25 Preferred .100 Bros Boeing Airplane—5 25 Avery (B F) & Sons 5 6% pref w w 25 15% 158% 15% 19% 18" Preferred 18% 6% prior A..* ..10 A 17 16 Bloch 13 Class 10% 15 13 T% com conv 10% 6% conv pf 25 5% conv pf 25 Bliss & Laughlin...5 47 $1.50 17% 14 Common 3 Automobile Banking Amer Radiator & 11 Am . 42% % American Sealcone.5 All Metal Products 2 6% preferred.. 100 1% 12% 1% 42% Am Potash & Chem * 10% 5% preferred—100 Allis-Chaimers Mfg Amal 11 * 7% 1st pref 50 6% preferred ..50 Stand Sanitary ..* Allied Stores Corp. * 6% preferred.. 100 Alum Goods Mfg..* Aluminum Indus..* Aluminum Ltd * .5 3 Common 114 Automatic Prod 5 Automatic Refrig.10 Automat Vot Mach * Automatic Washer— 3 Amer Pneu Serv 20c 5c Allied Kid Co com_5 Common. „* * -.1 Bliss (E W) Co- 18* 60 * ment common 10% July 12 18% 55% 4% cum 19% 18 42 Co Blaw-Knox % Alarm common.25 Automatic Instru¬ 28 Class B 176 X 10 X 10 24 107 American Piano- <fc Common. * 100 iH 108 X J* $5 *J * k Preferred $3 share * Blauner's com 6% preferred.. 100 Automatic Fire 24% 27% Class A pref..100 Tack Autocar 23% 27% Optical conv Ask Bid Per 12 Auburn Automob..* J * Preferred 6/ Brewing Distilling Co Allied 5% Atlas 119 110% American News Co * 1 Allied 36 35 pref..100 American Meter 10 8 pref. -.10 Alliance Realty Preferred conv Amer Portland Alles & Fisher 6% 7% 11% 24% 106% % Austin Nich & Co..* * Amer Maracaibo—1 Amer Metal Co * Am Maize Prod Algoma Preferred 7% preferred-.100 Amer Mach & Fdy_* Am Mach & Met..* 3% Alexander Dept Stsl Alexander Hamilton 22% 68% 16% 4% 21% 65% Locomotive.* Amer * A non-cum Conv preferred_20 Atlas Powder * 20 Am Laund Mach_20 * pflOO Atlantic Refining.25 4% conv pref. 100 Atlas Pipeline v t c. * Atlas Plywood * 4% 1% 7^ Warrants 4 Alberta-Pacific class Corp. .10 Foamite Alberene Stone of Va Giain 7% Corp.* 5% 29 8 Amer-La France & Albany Packing— Par Biack&Decker Mfg Atl Gulf & Wind SS Lines "1% 1% Stocks Ask Bid Per share 84 * 50 Preferred 1% 4% Alaska Pac Salmon* Preferred Amer I G Chem A.* Amer Insulator Air-Way Electric Appliance ar Per share Per share 61 Air Reduc'n com..* Stocks Ask Bid 85 STOCKS for the closing day of the month preceding the date of Issue 6% t New stock. 8 Butterick Publis 1'referred * 50 Byere (A M) com. _» 7% part pref—100 Byers Machine....* Byllesby class A....* ..* 19% 3% 2% 10% 20 14%' 16% 9% 22% 8% 22 3% 3% 10% X 2% 11* 36 37 ■ 3 1 5* 4 I" 5% INDUSTRIAL 86 Stocks Par Bid as Par' Stocks Ask Cambria Iron—-50 5 Fdry—* Canada Bread..—* Preferred 100 Class Bpref 50 Canada Cement. 100 Preferred 100 Can Dry Ging Ale.5 Canada Forgings— Class 19)4 21U 49 51 51)4 5234 Cleve Tractor. ._..* Clev Un Stk Yds..* Cleve Worsted Mills 1654 AH Can Wire & Cab A-* Class B * Canadian Bronze. * Preferred 100 Canadian Car & Fy * Preferred 25 Canad Celanese—* Preferred __—100 Canadian Colonial Airways —-1 Canadian Dredge 6 Dock--—Can Fairbank pf. 100 Canadian Foreign— Invest Corp * Preferred—100 Can Indus Alcohol.* Class B * Can Locomotive—* _ ,, Capital City Prod.* Carborundum Co..* Carey (Philip).—* 6% preferred.-100 6% preferred. .100 Carib Syndicate. .25 Carman & Co A—* Class B. * Carnation Co * 5% preferred.. 100 Carpenter Steel 5 Garner Corp——* Carriers & General. 1 Carter (J W) Co—1 Casco Products * Case (J I) Co 100 7 % preferred- .100 Case Lockwpod & Brainard Co.. 100 Castle (A M) Co.. 10 Oatalin Corp Caterpillar Tract. 5% preferred .100 Celanese Corp * 7% prior pref.100 1st partic pref.100 Oelotex Co com...* 6% cum pref..l00 Celluloid Corp...15 1st preferred * $7 preferred * Central Aguirre Associates * Central Air port ...* Central Cold Storage Common 20 Cent Foundry com.l ' 5% preferred.. 100 Prod. 1 Central Paper .1 Cent Ohio St Preferred 91)4 47 52 12 1954 Preferred .100 Olorex Chemical * Clover Val'y Lumber 1954 6% prior pref. 100 Chain Belt com * Ohamberlin Metal Weatherstrip 5 Champion 934 Cluett 5634 71 71X 434 it* 47 16 39 101 17 X 29 13 X 50 18)4 Paper 1834 2954 1454 94 96 * 6% pref 100 Chapman Valve 2 Preferred Charts Corp 100 24 105 15 17 100 103 3)4 3)4 3)4 3 8 12 9 ■Jk* 70 75 754 J* 54 60 48 Cherry-Bur Corp..5 Onesebr'gh Mfg..25 Chic Daily News..* Preferred * Chic Elec Mfg A..* Chicago Flex Shaft 5 ChiC June Rys & Un IX 18 3 23 23 102 25 4 1634 25 X 3)4 5)4 1834 25)4 4 6)4 14)4 103 117)4 225 20 23)4 354 55 X 110 IP 22 21 90 74 24 6734 70 82 70 4 4)4 56 20 60 22 22)4 2254 11 13 Preferred 5 534 50 55 8 i* 3 9 7X 734 454 434 5)4 6" 90 99 934 3534 3734 15 16 954 7)4 25)4 97)4 45 110 47 120 7 12 12)4 15 14)4 112 Co 100 124 Crown C'k & Seal.* 34)4 34)4 11 35 83 85 142 Columbia Pictures— Vot tr ctfs com..* 14)4 75.34 12)4 $2.25 pref w w._* Preferred x-w—* Crown Drug com..* Preferred 50 Crown Zellerbach 5 $5 conv pref * Crucible Steel—100 7% preferred.. 100 Crystal Oil Ref—_* Preferred 10 95 Cuba Co. 3654 9334 100 26)4 3 334 434 1634 634 17 6 634 13 X 21 W* "3 X pref..* 32 92 38 94 $2 preferred * Eng__l Solvents-.* Com'wealth Dist-.l Macb vtcext .1 5 com Conde Nast Pub..* Oongoleum-Nairn. * Congress Cigar....* Oonsol Aircraft $3 conv 1 pref Consol * Biscuit. 1 Consol Oar Heat. 100 Cons Cigar Corp..* . 3 13 19 .... 1154 IX 22 ii h 15 14 1654 7)4 24)4 7)4 iS* 50 igH 7% preferred_100 68 $5 cum div pref.* Oonsol Retail Sts-.l 8% preferred-.100 iU 71* Oonsol Royal Oil. 10 Consolidated Steel * JX 8134 154 5 Oonsol Textile ..* Consolidation CoalCommon v t C..26 Warrants 34 5% pref vtc.-lOO 19)4 c A partic. .50 B partic—* partic pref 50 Container Corp 20 Continental Baking Class A * Class B * 3 X !* it* 16 2454 2)4 254 111 1054 134 Oont Diam'd Fibre.A Continental Mot..l Oont'l Oil (Del)...5 Oont'l Oil (Mex)—1 * com Preferred 100 De Mets Inc pref..* Dennison Mfg— Glass A lQ 7% preferred.. 100 8% preferred.. lOO Dentists' (The) Supply com 10 Derby O & Ref com * 1 Foundry 1 com '954 m 55 9 8)4 20 — — 34 — — 30 28 Corn Prod 100 Refg..25 7 % preferred. .100 Coronet Phosph.100 Oorroon & Rey'ds.* $6 conv A pref..* Cosden Petroleum. 1 5% conv Warrants Ooty Inc.. pref..50 ... 1 5)4 4)4 101 99 101 103 68)4 68 164)4 34 3 60 167 «» 134 7 34 454 2334 pref—* - - 354 70 154 854 54 454 » Eason $1.50 Oil conv 1 Canadian price f New stock. X 13"" pref_20 35c 95c East Dairies Ltd...* Eastern Air Lines. 1 1034 25~" Eastern Footwear. 1 East Mall'ble Iron25 40c 10 Eastern Mfg com..* Preferred * East Racing Assn..* 19* 22 634 3)4 Eastern Steamship.* 8 $2 conv pref * Eastern Sugar Assoc 16 11 1234 luX 234 1054 154 Eastman Kodak 15 6% preferred-.100 Easy Washing 334 1 9 Preferred 1 * 18 20 176 179 171 12 15 168 2154 24)4 14)4 7)4 834 7 B * 2d preferred 100 Oil 10 Diamond Match.._* 6% part pref 25 Diamond Shoe * 634% pf (w w) 100 Diamond T Motor 2 Dictaphone Corp..* Preferred 100 Dictograph Prod-.2 Di Noc Mfg .1 Discount Corp (NY) Distillers Co Ltd.£l Distillers CorpSeagrams Ltd...* 5% pref w w.,100 Distillers Liquors-.S Divco-Twin Truck.l 85 23 134 154 30 35 58 60 2)4 July 14 50c 334 354 334 334 3)4 2854 5)4 > 5X 35 36 113 37 37 1934 21 1334 14)4 5)4 4034 4034 5 39 39 Preferred 1034 3234 Eitingon Schild Electrical Steam Sterilizer ..1 Electric Auto-Lite.5 Electric Boat. 3 Elec Ferries com * 115 1 24 8ff 42* .... 354 3)4 3 5 334 6)4 X 8 3)4 29)4 6 31 18 20 54 IX 134 Electrographic Corp Common Electrolux Corp 11 1 1 Emerson Elec 12)4 16 1634 3)4 20)4 1)4 32 16 r Inc.. Elgin N Watch...15 Elk Horn Coal.... _* Ely Walker D G..25 1st preferred—100 2d preferred—100 Emerson Drug..2X Class B 2)4 17 5 154 ' 120 — 97 )4 102 19 — 19 - - ■ M „ 5 __4 434 * 554 634 18* 1954 1054 Empire Sheet & Tinplate Employers' Group ♦ Endicott-Johnson. 50 5% preferred-.100 Equit Ofi ice Bldg—* Esquire-Coronet 1 Eureka Pipe Line.50 4454 107 234 1154 20)4 434 Faber Coe & Gregg.* Fafnir Bearing— 25 Fair (The) Chicago * 7% preferred. .100 Fairbanks Co 25 8% preferred. 100 45 47 10834 254 11)4 23 X 5 37 17 76 Class A * Dixon (J) Cruc_.100 32 32 36 value. I'll 40 354 354 16)4 3 2754 13 75 3 „34 27 ' Evans Products 5 Ever Plastics Corp.l Ex-Cell-0 Corp...3 Exch Buffet Corp. * 2454 1354 3234 par 34 Eureka Vac Clean. 5 150 454 454 6% preferred—100 8% preferred.. 100 Electric Household Util Corp Elec & Musical 134 5 Emsco Derrick....6 1054 34)4 13 * Without ■■ 100 * Associates l66~~ 25c 1)4 34 Elec Shovel Coal.—* Partic pref * Elec Stor Battery * Elec Vacuum Clean* Electrol Tnc v t c -.1 12 3 354 3)4 Corp 1 Eisemann Magneto * Electric Products-.* 2 1)4 1134 16 48 10c Warranjts 10 * Ex-dividend. 15)4 Eisler Elec 15 934 1354 16 21 45 50 Indus Am shs Dixie-Vortex Co— Common 13 16 Educational Pictures Common... 1 65 3)4 21 20 Edison Bros Stores— Common.. 2 14 5 3)4 354 r Economy Groc Sts_* Eddy Paper * 2154 2334 6 7 ':■= 10 Common 1354 2 IX 15 34 1554 2 1X _ Fairbanks Morse..* r 5 ilH 18* Dwight Mfg 15 Eagle (O K) pref 100 Eagle Lock 25 20 87 Nominal il* 6% preferred-.100 Duro-Test Corp 1 Duval Texas Sulph. * 6% preferred-.100 Last sale 12 * com Electroraaster Common .* Dexter Co com.___5 52 12654 13434 11654 deb—100 cum . 134 954 Dewey&Almy Ghem Preferred it* 75 654 1454 5 98 * n-v 10)4 102 E istern Roll Mill..5 1 Devonian Elec Corp com.. 1 Corning Glass Wk 10 1734 47 5)4 2254 15 Detroit Sulphite.-10 Detroia Radio & Television Common Oornell-Dubilier 454 70 2754 Devoe & Raynolds— Class A (non-vot) * 33 ~3~~ Duplan Silk * 8% cum pref.. 100 DuPont (E I) de N East Boston Co.. 10 Detroit Harvester. 1 Detroit Mich Stove I Detroit Paper Prod I Detroit Steel Prod.* 1854 Special preferred.* 4 46)4 554 2234 35c 17 $4 preferred * Cooper Bessemer.. 1 $3 prior pref....* Oopperweld Steel. 10 434 1534 1534 * 16 Cook P't & Vnrn .... Class B 4* Detroit Compensat'g Axle Corp com 1 Det Gasket & Mfg— _ 22 Corp.* Duquesne Brewing.5 Durham Hosiery— * * 100 Converse Rubber. _* Preferred Bradstreet $6 preferred. * Dunhill internatl.l $4.50 5 B common 10 Preferred Oont Steel Corp Preferred 9)4 55 754 134 Duff-Norton. _..._*. Dun (R G)- 5% preferred 9 57 18 Oont'l Roll & Steel Oont Screw com.. 10 14)4 103 * 53 6% preferred 20 Detroit Gray Iron & 25 1154 54 Dubilier Condenser * 254 27)4 Common 101 99 44)4 noi4 20 Mach com....* Class B ._.* Eaton Mfg Co 4 Gilbert Corp... 10 Dejay Stores ..1 Del Rayon A com. 15 12 15)4 Driver Harris Co 100 Preferred 100 13 X Preferred Detroit Aircraft 21 XW 20 23 7% preferred...20 110 4 132 part conv n-c A.* Class B * Dri Steam Valve..5 6% Deisel-Wemmer 5H 6 934 49)4 * 13 Deere & Co 16" 1054 1534 . 5 % preferred. .100 Dow Drug * Preferred100 Dresser (S R) Mfg 21 35 Deep Rock Oil & Ref 7% pf.,100 834 M 25 Stores..* 6 Co common..20 18 Decker (A )<fc Cohn 10 Preferred 100 Coal B Dominion Doubleday Doran.* Douglas Aircraft..* Douglas (W L) Shoe Conv prior pref. * Class A 6)4 1854 99 ..... 1934 Dardelet Thr'dlock * 52 37 Bdge.100 73 44 Warrants Dominion Dominican Coal pf 25 Dominion Glass. 100 Preferred 100 Dominion Steel & 40 26 Darling Stores Corp $2 partic pref * Davega Sts Corp. .5 5% conv pref. .25 Davenport Hos'y—* Davison Chemical.l 16)4 100 Finance— preference.* 19 53 32 1 Darbv Petroleum..6 Darco Corp 8 %pfl00 Cum 11 554 133 233 Domestic 7154 2534 54 934 * 6)4% pref 30 1134 2234 Doehler Die Oast--* Dold (Jacob) Pkg— Common.......' 154 Cons Mach Tool uts. Consolidated Oil * 7% cum pref. .100 $8 cum pref * Dayton Rubber Mf| 6)4 81* part pf._* Cons Laundries 6 cum * 24 15 16 70 634% prior pf_100 7% preferred-100 $2 54 Dailey Corp Compressed Indus Gases 534 . Cutler Hammer Shoe— Oompo 4 30 3654 * June 2 6 34 % prefeiTed 100 * 103 2 3 Curtis Lighting * 7 634 Curtis Publish * $7 preferred Mfg. 38 100 Distil— Ourtlss Wright. Oorpl Class A 1 Cushman's Sons— Dodge 29 * * 1034 454 10 Ouneo Press Pepper Co 70 5% Preferred .100 50 Oudahy Pack 20)4 354 42 21 534 8% preferred 10 Cunningham Drug Stores com 2 34 7)4 15)4 Dr Dryden Paper 1)4 3* Tobacco—* Cummins 85 16* Preferred 59 58 Cuban 3654 76 * Common 1<5)4 81 35)4 ...... 12 X 2134 11 Dobeckmun Co com! ... 5j 80 Cuban-Am Sug—.10 7% preferred—100 Cuban Atl Sugar— Oolum Carbon v t c * Columbus Auto— Parts com......* conv it* Cuban Am Mangan 2 95 1134 Bid Par Dow Chem com 34)4 134 _. 1454 $2.75 (Md).5 36 1354 $4 50 preferred..* 7654 Petroleum 1234 9034 20 Sys Inc class A 2" Class B .2 Columbia Mills. .100 Columbia O & G 1 101 25 5 Oin Un Stk Yds...* City Auto Stamp * City Ice & Fuel. * . * Warrants 8% preferred..100 Chrysler Corp . Col Fuel & Iron Colt's Patent Fire Arms Mfg 25 Columbia Baking..* Continental Can-.20 100 10 Clark Controller. 1 Clark (DL) Co * Clark Equip Co * Preferred 100 100 16 * 6)4% cum pf_.100 City Savings Bank of Budapest Am sh City & Sub Homes 10 City Stores 5 * 114 15)4 Chic Yellow Cab..* Ohickasha Cot 0.10 Ohilds Co com * Chilton . Collyer Insulated Wire common * Colonial Beacon Oil * Colon Development Ordinary shares.. 6% conv pref c preferred..* Preferred Collins Co c 2.50 prior pref..* §3 conv pref * com 120 * * Collins & Aikman. V t V t Chic Ry Equip 25 Chic Rivet & Mach 4 Conv Peet common V t * Chic Towel 10 Oolgate-Palmolive- 28 5 Chic Pneu Tool 4 Crown Cork Int A.* 134 Coca-Cola Co.. * 141 Class A * 5834 58)4 Coca-Cola Intern. _* 1,000 v Cohn & Rosenbergs* fe-n 554 May 13 Coleman Lamp & Stove common..* 22 1734 100 103 Chicago Nipple 3 23 Consumers Co of 111 185 5 ... Stocks Per share iB* li* 22 Coca-Cola Bottling of New York. Ask Oourtaulds Ltd— fc 7)4 July 13 Am deprcts ord£l Covered Wagon Co 34 % $1.50 conv cl A.20 34 % Cramp (W) & SnslOO 32)4 3254 Crane Co com 25 111 11134 5% conv pf_. .100 20 2034 Creamery Package.* Cream or Wheat 25 24?4 Stocks trust ctfs.* 24 2351 Creole Petrol 5 Crocker-Wheeler —* 34 Croft Brewing 1 10 934 Orosley Radio —* 3334 Orowell Publish'g. * Preferred 100 Crowley Milner * J* 20 Prior Preferred. 50 Crown Central _ 38 Cons Film Indus. .1 1 100 Chic Mail Order 2% 45 16 * 7 % preferred- .100 Comm'l -6i« 100 com.. 42 154 Pea body Combustion " Stk Yds i7s 2 X * Preferred.. * Columbia B'casting 10 Checker Cab Mfg.5 4154 37 35 100 5% preferred-.100 H* 1754 _* 6% preferrediOO 234 98 115 5 * 27 , 41 & Fibre * Preferred A Club Aluminum Utensil com 4 2634 Clinchfield Coal. 100 95 154 34 4 Cleveland Graphite Bronze com 1 90 10 Cen Violetta Sug_19 Centrifugal Pipe...* Century Rib Mills.* 7% preferred. .100 Certain-teed Prods .1 134 Clayton & Lambert * Common Cliffs Corp v t c Climax Molyb¬ denum Co 2 Bid Par Per share Cleveland Hobbing Mach com ..4 14 B—....—* 1 18)4 2054 Class A Can Iron Fdy's. 100 Preferred 100 Canada Packers—* Canada SS Lines—* Preferred 100 Claude Neon Lt 20p Campbell Wyant & Cannon Stocks Ask Per share 3X 19)4 34 STOCKS possible for the closing day of the month preceding the date of issue Bid Per share Byrndum Corp uyron Jackson. — * Cable El Pr v t C—* Oalamba Sugar Estates com—20 Calif Pack Corp.. * 5% preferred—50 MISCELLANEOUS & Quotations for all securities are as near 85 «. - 54 34 34)4 100 _ 48 854 8 ' - 554 534 35 - - AUG., 1938] INDUSTRIAL Quotations for all securities are as near & MISCELLANEOUS possible for the closing day as 87 STOCKS ithe month preceding the date of issue o i Stocks Ask Bid Par Stocks Per share Falrchild Aviation_1 Falrchild Eng & Airl V t General 1% 33 95c Gen Fire Exting—* Gen Fireproofing. _ * 22 23 c common * 20 19% 6 % Fansteel Metallurg Farnsworth Televis* 240 4 6 7 I* 20 30 17% Preferred : 20 35 IX 2% 4% 4% F G Trading Corp.l Preferred 1 24 85% 18% 1 88% 20% An% 40 Fiat Am dep rets— Fidelio Brewery—-1 13 14 X 17A> 5th Ave Coach—25 21 Filene's(Wm)Sons .* 20 25 Finance Co of Pa 100 Firestone Tire & Rub 168 176 10 21% 22% 95% 6% pref ser A .100 First Nat Stores—* 34 Flshman (M H)—* 7% el* $6 preferred—100 FltzSlmons &Connell r , July 13 25c com 19% 2% 9% . 103% & ' 2% 3% "7% 19 % 19% Class B * 19% 21 14% 99% 15% 90 4% 4% 1 com 50 50 * ■v 66 72 3 3 2X 3 * Foundation Co 14 15% * 23" 24" Fox (Peter) Brew__5 F-R Publishing * 9% r Four Wheel Drive. 10 10 19 Sugar...* 21 5 Franklin Process—* Franklin Rayon 1 3% 21% 4% 24 Franklin Ry Sup..* 26 29% Freeport Sulphur-10 French Investing-.* 28 % 29 100 ■ 5 4* 7* Froedtert Grain & 32 pref $5 conv 21% Trailer..1 8 16* 16% 10 12 Units 9 Fuhrman & Schmidt Fuller Brush com. .5 Preferred -100 Common 6% (L II) 40c 43c 95 Fuller (G A) Co— 7 7% 3% 5 8 International Match Realization £1 Int Mercan Mar * 8 Internat'l Metal 44 46 Preferred xw Helme G W) 13% 6% 7% 8,; 62'! 2% 3 16% Gamewell $6 conv pref Inc— * n* 12 17 18 70 1 80 Gannett Co * ♦ pref—20 $6 conv pref Gardner-Denver. $3 conv - - Garlock Packing—* Gar Wood Indust—3 Gaylord Container.6 5 % conv pref. .50 Gen Accept'ce Corp Class Conv 93X 12 100 12% 51% 41" 39 7 15* 15% 48 95 3 June 21 * 16 50 Goodall Worsted .50 Good Humor Corp 1 Goodrich (B F) * $5 preferred.—..* 35 5 9 11 17 20 Gen Alloys Co Preferred * 10 2 V 3 Gen'l Amer Oil of Texas common..5 2% 3% General American Transportation 5 General Baking—5 $8 1st pref * General Box Corp.l - - ~6" 74 7 22% 23 2% rjlood A ■10% ' ; 133 96% 24 General Electric—* 63% 9% 26% 118% 4% 41% II* 10 27% 131 4% 41% . 95 98 10 11 35% 36% 25 Hiawatha Oil & Gas 5 5 $1% preferred._5 8 1% 11% 16% 28% x 51 121% 13 41 112 16% 30 112% 17% 1 17 34 18 105 106 5% Chemical com. 100 Preferred 100 6% 97 122 Horder's Inc com..* 11% 20% 29 28 129 19% 30% 32 15% 16 11 11% 2% 1850 % 5% 13 2% $1.50 conv pref.20 Houston Oil (Tex)— Vot tr ctfs 25 Howe Scale com—* 1st preferred 100 Hubbell (Harvey).5 . Hudson 9 1% 20 9% 1% 22% % 2% 2% 45 46 7 6% * 8 12 100 18 29% 14% Mot Car..* Fibre Common.. 5 Hunter Steel com..* x .25 w w_ Mills 1 4% 8% 11% 17% 13%. 5% Knitting * com Preferred Jarvis (W P) Co 8% 100 1 * Jeannette Glass 15 2% 20% Jefferson Electric * Jefferson Lake Oil% Preferred 10 25 Jenkins Bros Tea * 19 63 94 Johns-Man villa 7% preferred-.100 Johnson Oil Ref Johnson Tin Foil 128 * 70 30% 14% Julian & Kokenge.. * Kahler Corp 100 1% 64 120" Kalamazoo Stove & 10 com 21 22 64% Kane Carburetor 2 3 97% 99 KC Stk Yds Me. 100 51 56 Preferred Katz Drug com 80 85 6% 18% 7% 20% 3% 4 21 .100 65 80 Kayser (Jul1 & Co_5 Keith-Albee-Orph7% conv pref 100 Keith (Geo C) Co— 7% preferred. .100 13 14 80 90 Dept Kaynee it* 11% 93% 69% 12 9% 71 St's 12.50 10 Preferred 36 .100 18% 1% Kaufman Common 6 1 4% 1% Keller 8 4% 1% % Ex-dividend. 19 14 % 8% 12 Film 2% •at Kelly Springf'ld Tire 1% 11% 7% prefunstpdlOO 7% pref stmpd 100 f New stock, 13% 75 35 Hummel-Ross 6% preferred 20 Hupp Motor 1 Hussmann-Ligonier * Huylers Inc— Common 1 22 61 25 Canadian price, Preferred Jacobs (F L) Co Jantzen Furnace * Common 2% 4% 1% 7 % preferred.. 100 loplyn Mfg & Supp.5 Finance 5% preferred..100 Houston Oil Field Material com 1 5 16502^ 5* * * 67 31 preferred..5 30 30% Hard't(NY).* 5% preferred..100 k 100% July 21 Class B 34 21 Jones & Laughlln Steel common. 100 Horn Class A 10% 23% 6 Metal 100 Jonas & Naumb'g2% 4 Household 80 ~4% 3 Horn (AO) com 25% 25% 3% 2% 22 104 * 13" H oudaille-Hershe y— 2 7 86 100 Preferred 89 89 Prior ill* Gypsum Lime Ltd.* 40 1% * Iron Fireman vtc..* Irving Air Chute 1 Irving (John) Shoe. 1 Jewel Humble Oil & Ref..* 8% preferred-.100 Guardian Coal & Oil 2% Gulfboard Oil 1 Gulf Oil Corp 25 1% 12% Hooven & Allison .100 1% r 11 65 Grumman Aircraft Nominal, 11% 35 10 * Equipment Intertype Corp 55 3 Interstate Home— Interstate Hosiery.* 30 Hormel & Co com—* 19 29% Internat Shoe * Internat Silver.-100 7% preferred. .100 Int Text Book * 90 82 8% Int Safety Razor B_* Internat Salt * 20 Hooker Electro 23% Engineering com 1 25 ■ 10 I "referred 22% Guantanamo Sug__* 23% 18% 16 Holly Sug Co * 7% preferred.. 100 Holt (H) & Co A..* 15 Warrants 17% 50 7% preferred 21 Common * Hollander(A)& Son 5 Holland Furnace..1 $5 conv pref * Holophane Co * J* 1 25 10 16 ■ 1% Internat Pulp * Preferred 100 Internat Radio..'-.1 7% preferred.-100 ...._* B * Interstate Dept St's* (C E) Co A..* Class % Coupon shares. _* Registered shs * _ 1 10 Petroleum 39% 36 Chem 86 Hires 1% Internat 15 com 2% 7% 2% 5% Spencer conv Power Int Vitamin Corp..* Interstate Bakeries* 6 % % preferred. * Hoe (R) class A..10 Prior pref— -.65 64 13 Prod_25c 13 pref—100 $5 4% 39 » 16" 60 Common preferred..100 It Last sale. 61% 134 100 Bart & Co com.25 $1.50 preferred..* Green (H L) Co— 1 Grief & Bros * Greyhound Corp— Common * 5%% preferred. 10 Preferred Without par value. 52 19 56 18% 63 & Alabaster 42% 95 Hilton-Davis * Preferred 100 Great Lakes Dredge 6 Dock com * Great Lakes SS * Great Nor Pap—25 Great West Sugar..* 7 % preferred.. 100 Greendale Minerals Greenfld T'p & Die* Non vot com Hajoca Corp * n Hlnde & Dauch Preferred 5% preferred-_ 100 Warrants... n Hibbard 8% Watch.. & 11% Internat Prod 100 55 22 Groc smre 50c 132 Hershey Creamery.* 2% 21% r $1.80 prior pref..* Gray Telephone Pay Station com 10 Gt Atl & Pac Tea $6 150% 100 Common 8% 50% 136% 7% preferred-.100 Powder._* Preferred 64% cum 18% 59% 6% preferred..100 ! r _ _ 148 ♦ 7% preferred.-100 Gen Crude Oil—2% Hercules (Can)—* pref. .100 International Paper 7% 10% * Herr-Hall-Marv Int Nickel 3% 25c .1 Hercules Motors * Industries cl A 58 147% 1 Common Silk Gruen * , Oil Hevden < 'hemical.10 57 27 96 (H W) 10% 5% 12% 7% preferred--100 Gen Candy A.. 5 Gen Cigar common * 105 Hershey Chocolate.* $4 conv pref * Hewitt Rubber 5 56% Hosiery com * 7 % preferred 100 Graham-Paige Mot 1 Grand Nat Films. .1 Grand Rapids Brass 1 Preferred 5 Grand Raps Vara.* Grand Union 1 $3 cum conv pf—* Granite City St'l..* Grant (W T) com.10 1.15 General Cable 24 96 26% Heywood-Wakefield Group No. 1 Oil—* Group No. 2 Oil—1 5% 12% 5 20 Preferred 26% * 51 50 1.05 General Bronze 25 25 7% non-cumpflOO 37 Preferred 50 preferred_20 A 20 w Royalties 5% Houston* Co. * 5* w__25 Preferred 39 22% Galveston A (W E) com.2 Hendey Mach....* 16 5% preferred—.20 $3 Preferred 10 Gallager&BurtonA 1 Ol&ss Heller Sewing 7% preferred..100 Parts Corp com.3 Helena Rub'stein..* Helvetia 33 Graton & Knight..* if* 16 20 3% 3% 16% .100 25 164 •64% 154% 5% Hendrick Ranch $5 conv pref * Goodyear T & R of Canada * Preferred 50 Gorham Inc com A. * $3 pref with war.* Gorham Mfg v t c_* fnt Business Mach.* Internat Button Hole * 60 — Preferred 30 * 19 2% 2% 7 29 — 4% 12% 3% 10 35 2% 2% % 15% 5 Agricultural. _* 7% prior pref. 100 Mach 16 4 Int. 85 Int Cigar Mach Sugar- com * Int Harvester 6 Goodyear Tire & Tnterlake Iron 74% 8 12 Gabriel Co cl A-.-* j 2% 95 23% 7 32 Gair (Robert) com-1 „ 18 26 142 6% 1 15 2% 100 Interchemical Corp * 6% preferred. .100 Intercont Rubber..* 93% 7 $3 convertible—* 4% conv pref. 100 Fuller Mfg com 1 Common A* 40 2% 95% 17% Ingersoll Rand * 6% preferred-.100 Inland Steel _.* July^l3 2l£f 5 58 Gossard 3% 38 * Heileman Brewing. 1 Hein-Werner Motor * Rubber Industrial Rayon..* % 11% % 19% 6% 23% * Godchaux Class A 2 Industrial Silica. July 25 1% 3 2d preferred 10 Indus Finance vtc 10 Preferred 100 Indus Machine 1 1 34 35 10 7 % class A pref_25 Hecker Prod com..* 6% 9 $6 preferred * Gleaner Harvester.* Glen.Alden Coal—* Glidden Co .-* Preferred k 1% 1% 59% 5% 13% 64% 20% 6% 23% 5% 5 Bros 100 5 pref..50 conv • Fruit of the Loom 1 7% 7 4% pref 1st pref 75 60c 1 Hearst Consol Pub * Gimbel conv 1 3% * 9% 4% 1 A* 70 $7 preferred * Hayes Body 2 Hazel-Atlas Glass.25 Hazeltine Corp * Hearns Dept Stores 34 20% 6 4 Q 5%T oys 4% * Indus Brown Hoist— 1% 4% 4% % 9% Indus Accep Corp— 15 13% Ay' 12* * 1 1 n-v pref * Hawley Pulp & Pap 10 * Giddings & Lewis..2 Gilbert-V arker 1 Gilchrist Co * Gillette Saf Razor.* Gotham Malt common—1 Preferred 15 Brewing com $7 29 Goldblatt Bros * Fox Film class A 5 * * 1 5% 12 Terr Ilium Cum Common.. 9 80 1 Class B 27% 6% 5 Oil non-vot A Clsss B 2 1% 70 6%% prefw wlOO Hathaway Bak A..* 5% 2% Indian 150 20 1 1% Common Indiana Limestone 10 Class B 5c Georgian (The) Inc * 8% class A pref.20 132 $3 pref 5 Hat Corp class A..1 21 81 24 ...* Indian Motocycle..* Preferred 10 Indiana Gas & Chem 7% Haskelite Mfg W* 2% 1 Fruehauf 14% 90c pref Preferred and Marx Harvard Brew 20 Foundation Co Francisco 26 85c 1% 33 Hartman Tob Hart Schaffner 2% Class B Am dep rets Fort Pitt Brewing. 1 Foster Wheeler—10 31% 100 25 * * Preferred * fc Goebel Brewing 1 Golconda Petrol.. _* Ford Motor France * Pneum Tool Indiana Steel Prod.l Preferred 34 6% cum pref A100 35% Independent 6 $6 conv pref * Gen Theat Equip. _* Gen Time Instru—* Gobel (Adolf) Co—1 * ._* 1% 21% 15 34% 21% 4% Am dep rets ord £1 98 Indiana Pipe Line 50 Indian Refining. .10 100 17% 15% 46 Refractories..* Gen Steel Casting— Common * Globe Wernicke...* Foreign shs A - 6 % preferred. . 100 Gen Tire & Rub— 5 15% Brit & Irel'd 100 Gen 4% Class A of Canada 95 4 % % conv pref 50 Globe Knitting—2% Am dep rets ord Ford Mot of Can 100 conv % 21% - 17 7 33% Gilmer 7 31 Ford Motor Ltd— $7 <: — 17 16% 16% * com 7% Apr. 28 » of Gr 27 97 Harnischfeger Corp ' - 8 of Canada com..5 39 26 121 £1 10 Hart & Cooley 25 Hartf'd Rayon vtc.l 11% 10% .... 5 5 100 * Preferred 104 Preferred 20 30% 102 >3 4%sconv pref. 100 Foote Burt .* Gen Rayon A stk—* Gen Ry Signal * 6 % preferred- -100 $6 preferred Gilbert (A C) Preferred 1* 10 Mach com.. $5 preferred 28 18% 100 Gear 79 com 26 imperial Tobacco 37 6% preferred.. 100 Harrisburg Steel 5 Harris Seybold 20 Cement com 9 Bros—* Bros k 8% 43% July 22 18 Gibson Art 15* I * Food Machinery..10 Foote 8% 43% Potter 27 * * 1 w Refractories 28 80% Follansbee Steel— New —— 23 109 25 6% imperial Oil Ltd S7/» * * $5 cum pref Harbison-Walker 20 107 10 Registered shares. Imperial Tobacco 30 7% 100 Indus rets 106 26 22 * - preferred--100 29 u t s Preferred 28 104 Hanna (M A) Giant Portland— Florshelm Shoe com* Follansbee 43% 10 * Preferred 25 General Print Ink.. 1 9 Fllntkote Co com..* Fohs Oil Class A Class B D & D com—__* - 125 91" Flsk Rubber Corp.l Prefer: ed Common 6% cum nref_.100 Hammond Instruml Preferred 50 121 Genessee Brew A..1 $7 preferred._100 Flour Mills of Am. 21 Ask Imperial Chemical it* 43% 120% Gen Plastics 18 98 8 2 Ideal Cement Illinois Brick i 10% 94 122% 6% 5 $6 preferred... 100 Hammermill Paper— 92 * * 9 1% 1% 5% preferred * Gen Optical pref --* 3% 5% 17% 67% Mills Hygrade Food Prod5 Hygrade Sylvan * 6%s conv pref * 7 6% 2% 1 Bid Per share 111% 111 Par Stocks i Cl A pref part. .10 Hamilton Watch..* 90 9% $5 preferred—100 Florence Stove 35 34% % preferred 100 Common 2t* 4%% preferred 100 Fla Portld Cem • 66% 36 4% Fed Screw Works..* Federated Dept Sts * Common - Gen Outdoor Adv't'g Federal Motor Tr..* Ferro Enamel - 6% cum pref.-100 General Motors. .10 6% Federal Compress & Warehouse..25 Federal Match units Haloid Co.. Hamilton Mfg— - * 4% General 8 ', 14% 12% Preferred 100 Hall Lamp com * Hall (W F)Print'g 10 14 3 Ask Bid Kilburn— 19% 3% 15% 18% / Machinery—* Gen 16 13 Preferred Fedders Mfg 5 Federal Bake Shops* Ltd— 100 255 Fashion Park com.. Elec 7% preferred--100 Gen Foods Corp—* 84.50 preferred-_* Gen Household Util Common * Fanny Farmer Candy Common Par Per share Hale & Am dep rets reg £1 Gen Finance Corp.l J* 90c Stocks Per share 5 4% 1% 30% Fajardo Sugar 20 Falstaff Brewery--1 6%convpref 1 Famous Players Can Co p com..I Ask Bid Par *• Dorian Color 20 Common .......5 % 1% 1 mm mm 88 INDUSTRIAL Quotations for all securities Stock. Par Bid Ask Stocks Par Per share Kellogg Co * KelloggSwitch & 8 * 5% conv pref.100 Kelsey-Hayes Wheel - Conv class A Class B Kendall 1 1 Go com.—* $6 part pref A » Kendall Refining.10 Kennedy's Inc 6 $1.26 conv pref..* 26 7% 78 26% 10% 7% 9 90% 11% 15 5913 Class A Keystone 97% 175 1st preferred-.100 2nd preferred.. 100 105 110 8 11 Lorillard (P) 92 7% preferred. .100 Loudon Packing...* Louisiana Oil Refg.* 15% Kimberly-Clark * Kingsbury Brew 1 King Seeley com__l Kingston Products. 1 Kinney (G R) Inc.-l $5 prior pref ♦ $8 preferred » Kirby Lumber.-100 Kirby Petrol 1 Klein (DE) Co. * Kleinert Rubber. .10 Knitted Padding.. Knott Corp 1 Kobacker Stores * _Cum pref 7%_100 4% Lynch 8* 1 50 Corp 5 Forbes 10 6% preferred. 100 Macfadden Newsp.* Macfadden Pub * Preferred * Mack Trucks Inc..* lty> 13H 12% ..1 X7% 6 Co common * Manufac's Trading 1 Mill— * Preferred ...100 Maracaibo Oil Exp.l . Marathon Paper. .25 Preferred. 100 Margay Oil Corp..* Marlin Rockwell.. 1 Marion St Shov * Preferred 100 Marshall Field & Co* Mar Tex Oil vtc -.1 28 26 Common class A.l 7% Martin (Glen L)...l 5% 63% July 19 Martin Parry Corp * 14% Masonite Corp 14 * 5% A conv pf-100 Massey-Harris * Preferred 100 Electric...! * $3 .. ..* 9 1% Le Tourneau (R G)l 26 Ley (Fred T) & Co * Libbey-O wens-Ford* Liberty Baking • 1% 45 100 Pub 10 com McKesson-Robb'ns 5 $3 conv pref McKinney Mfg * McLeiian Sts 31% .98 102 170 17 33% 4% 31 18 3 9% 13% 46 $6 preferred serA* Mead Johnson Bond rights 1 11% 25 15% 19 Lit Broth ere * 2 Preferred 100 29 Loblaw Groc Ltd A* r 23 Class B * r 21 Locke Steel Chain.5 13 Lockheed Air Craftl 14 Locomotive Firebox* 8% Loew's Inc * 49 $6.50 cum pref..* 106 Loew's Bos Thea.25 10% Loft Inc * 2% Lone Star Cement.* 52% Common * 100 par value. 2 5 Mellins Food Melville 4?* 48% Nat Steel Corp * pref.. 10 Monroe Chemical. _* Preferred * 3 38% Monroe Loan Soc Al Monsanto Chem__ IP 89 54 Preferred 12% 83 98 16% 11% 17 3 12 22% 7% 34% 1 % 22% 7% 35% 1% 9% 27 93 28 \lH 16% 14% ■ j 74 70% 122 '&» 6 21% Morris 7 82 24 lVkx 26 al* 14% 8 W* 26 27" 11 54 10 28 Mesabi Iron 1 Mesta Machine...5 % 44% r 6% & 15 ...in conv pf 6% 16% 127 128 129 x A. 100 $7 conv 26 7% 48 9f 10> 11 7% 7 "7% 11% 9 14% 18 1 2% 23% 24 Myers fPj£i& Bros 50 58 12% % 45% Nat Acme Co 1 Fibres com 1 Nat Aviation 5 Nat Baking com 1 6% preferred. .100 Nat Battery pref..* Nat Bellas-Hess 1 Nat Biscuit __10 7% preferred..100 National Bronze & Aluminum Fdy..* National Candy...* . "4% 1% % Canadian price. nt 8% 9% 9% 14 Shipbuilding. .1 i900 6% I 46 100 4 10 29 * File Class B 7 1 les-Bement-Pond Noblitt-S parks Noma Elec Corp 29 23% 155 7% 9% 24 156% 8% 9% 44 47 * 107 110 29 11% 7% 11% pref class A100 pref class B100 112% . . * 16 112 * 8% 6AlPref?!*ed_..10 5% * Nat Enam & 8tpg_* lit* 25 18% "Pi 25% 20% 25c 3 39% 4% i0% 8 8 7% 52 4% 31 10 25 4% 10% 2% 38 5 . 38% 24 1 North Amer A via. _1 North Amer Car.. 20 $6 preferred.. North Amer Cement 4% 10% 2% 40 Common 2% 2% Class B pref North Amer Rayon Com class A Com class B 24 24% 24% 43 48 24 6% prior pref..50 No Am Refractories 4 A 6 1 2 20 Olstss No European % , 2% 3K* 28 37% * 9 28% t New stock. 7 7% 6%% preferred 100 Nortn Cent Texas ~ 1 * Nat Dist Prod 9% * 9% r:: 7 55 26 (Del) 1 Dept Stores pf Founders shares Class ..* com I Nat 3% 10% 13% "9% Automotive ~ 118 P Narragansett Rac'g 1 Nash-Kelvlnator ..5 96 92 25 Nat Cylinder Gas Nat Dairy Prod nly* 22 4 Class A pref. ^.achman Springf.. Nat Container 35 Merchandise. 10 N Y N 2% * Nicholson 104% 9% 11% 2% 17% ♦ _ ..* Common. Preferred deferred $7 Nat. Cash Reg non-cum 13% 21 10c * 7% Pref. 75 Nat Casket 7 13 * N Y Tr transit 65 100 N Y 9 62 50 1 Newton Steel N Y Auction. N Y Air Brake N Y Dock 7 7 i- 52 * com 24% 90 ^ N J Worsted pf—100 New Mexico & 15% Muskegon Motor Nat 8% 4% 22% New Process Co...* irZX * Spec cl A.. Mutual System 11% 6>i% pref—100 14 103 70 112% * Newport Indus 46 Muskegon Piston Ring com....2.50 Muskogee Corp Preferred 68 7% preferred.. 100 England Lime units $5 pref 38% % New 80 5% !\lunc:ng\»f*a,r fne Murphy Varnish 100 Preferred 100 Murphy (G C) * 5% pref 100 Murray Corp... 10 Murray-Ohio Mfg.* 78 37 Preferred... 100 21% 7% 36% 14% 4% 6* 68 5 21% 13% 25% 80 6 * 75 Mueller Brass Co._l Mullins Mfg Corp Class B __] 2% 45 24% 68 5% Arizona Land.. * New Nlquero SuglOO 10 * .. July" "5 23% .1 common New Idea 4% June 23 3% 4% Mot Wheel Corp. .5 Mount'n & Gulf Oil 1 Mountain Prod. Moxie Co class A % 1 % 43 New Bedford Rayon Class A 25 New Bradford OH..5 New Britain Mach * 62 Mtge Bk of Colombia k Amer shares. Mortbon Corp vtc. Motor Finance Conv preferred..* Motor Products...* 17 7 55 New Hav Cl com.25 58 49 5 5% preferred. .100 Bedford Cord¬ age 133 Twist Drill Machinery.. 100 8 12 46 15% New (Philip) A Co Ivtd 9 4 Nominal. 38 68c Myles Standish... 54 40 n % 46 MX 25 3% 2% i% 1 ,.100 Common 43 10 Bank 78 11% 4%% conv pfd 100 Nelson (Herman) 5 Neptune Meter A..* 8% preferred..100 Nestle-Le Mur cl A * 180 % 80 29 Newberry (J J) Co— Morris Plan Indus 26% 2% 12% * * 46% 29 60c 7% Navarro Oil.. * Nazareth Cement. 10 Preferred ..100 Nebel (Oscar) * Preferred * Nehi Corp com * Nelsner Bros 152 27 Morris Plan com 25c Mors" 6%% pref A100 Corp * Messenger Corp...5 Mexico-Ohio Oil 46% 151 155 Merritt, Chapman & 14%; 90 114 Moody's Invest Serv 5% 13% 44 % 40% 2% Ward Drop For A_* MorrellfJohn) & Co* 'nS* 95 84 Transportation. * Merchants Refrig..* Preferred ..100 Merck & Co com. 1 100 ! 113% * ...» Monumental Radio 1 27 6% 24% Preferred.. 2 Class A 49 49 $2 Partic pref Merchants & Miners Metal & Thermit..* 3% JX $4.50 pi ser A. 100 160 il* il"A 4 Metal Textile Oorp Common ..25c Partic prefence.15 Cotton Monolith Portland Midwest -••1:2 Naumkeag Steam 7 Preferred A... 100 Moore (Tom) Dist.l 84 com 3% 10 79% 28% 74% 3% Nat Union Radio.. 1 Natomas Co * Moore 78 Scott 15% 2% • 20% 20 National Tool 1 Nat Transit.—12.50 33 Preferred 100 Merchants & Mfrs Messer Oil 24% Mfg com..* Molybdenum Corp 1 Monarch Mach T'l * 19 Merrimac Mfg.. 100 Preferred. 100 10-year $2 nref.40 6 % prior pref.100 Nat Tea common..* 39 18 _ 11 36 Mercantile Stores._* - 106 29 15% Mengel Co 1 5% conv 1st pf.50 Mercantile Proper.. Sec Co class A 15 7% preferred-.100 Nat Supply (Pa)..10 5% % pr pref—100 28 9% 60 65 60 14 part pref * Moore Corp com..* 109 9 67 59% 85 ..100 Montgomery Common 5 35c 12 1 Mo PortI Cement .25 Mock Judson & Voe Common $2.50 Preferred 2% * 5 n Preferred 25 Nat Sugar Refg National Supply— n* 106 10 Shoe. Metrop Playhouse. * Mexican Eagle Oil.4 k Last sale 14 16 1 Missouri Kansas ....... 120% com 6% preferred-.100 $5 preferred 24% 85 Mergenth'ler Lino.* Merrimac Hat ..* Preferred .50 Long Bell Luin A..* 24% 6% conv pref.100 McQuav NorrlsMfg* McWilliams Dredge* Mead Corp com * 6% 6% Oil Mission 12% 9 22% * 12% 1 com. • 6% preferred 30% 6% 5 13 * * Lipton (Thomas J)— Liquid Carbonic 29% 5% 10 B Lion Match Lion Oil Refg Class A 23 98 10 5 10 17 \VA Preferred Line Material Link-Belt Co Lionel Corp * 102 94 $5.50pfser B ww* 2 7% preferred .50 Lindsay Lt&Chem 10 2% 42% 41 100 McKeesport Tin 7g 64 22% 66% IS 2 100 1 Conv 6% pref. 100 Electric. .1 30% % 1% 3% 20 Monolith Portl Cem Common * 13 Plate * 60 Monogram Pictures 1 13% * McGraw Leland Electric 26 50 17% 13% McGraw-Hill 1 5% 3 $6 preferred...100 Nat Standard 10 Nat Steel Car Ltd.* 46 McCrory Stores Lehn & Fink Prod.5 _ 2% 17% 3% 4% 40 Class 6% cum conv pf 50 Lehigh & Wilkes\ Barre Corp * Lehman Corp 1 Lincoln Printing * $3.50 preferr ed..* 6 McCord Rad cl A..* 4% conv pref. 100 Lehfob Vallev Coal *i Lima Locom Wk».* % 22% Preferred LehPortl Cement.25 Prior 100 Oil Co Leh Coal & Nav 25c i 7 67 cum Conv pref Lig& Myere Tob-25 Common B 25 7 %preferred_. 100 Lily Tulip Cup....* 38 % Refining pref..100 McCall Corp * McColl-Frontenac Lee Rub & Tire Lefcourt Rlty Corp 100 2% pf ww _.* pref x-war* McCahan Sugar - Lincoln Service. * cum $3 2% 5% Conv part pref..* Nat Shirt Sh Del..* Modine Mapes Cons Mfg..* 30% 10c * •5% 7 4 36% 12 . 8 7 2% * .* 4 20 17 S * $7 preferred Nat Rub Mach Nat Screen Serv Nat Service Cos 75 107 4% pref ser B—* x Minneap-Moline Power Implem * $6.50 cum pref..* Mission Corp 10 Pipe T ine A Class B 15 * Preferred 1% % 8% 10 Preferred Lib McNeil & Lib.* Life Savers Corp-.5 1% 1% 14 Maytag Co 1st $6 pref. Inc 1% 1% 8% 1% 33 Lawbeck Corp— Lessings T" Nat Radiator 17 1 Regulator 36 3% 5%% preferred. 10 4 (0 Sons com * 6%% 100 Minneap-Honeywell 38 34% Cooker com 2 Natl Pump com...* 3% Miller 5% $5 conv pref....* Manh-Dearborn * May Dept Stores _!o May Hosiery com.* 10 1 15 Mangel Stores— Master 5% preferred.. 100 National Pressure 11 Conv preferred..* 3% Nat Paper & Type— Common 100 8% Supply common.* 44% Manning Bowman 20 80 11 24 31 . Miller & Hart— 43% 14% 8 22 5 %% preferred. * Nat Oil Products-.4 Midwest Piping & 26 Option warrants. Mandel Bros Inc..* X7H Maple Leaf 12% 72% Scrip. Mid-West Abras.50c Midwest Oil .10 50 Minn Min & Mfg__* Machine Co.. 100 LaSalle Ext Univ 5 Lautaro Nitrate A.l com 27% :%;5 1 _ 33 * 4#7°J>rer-—100 ■4j* 26% 4 Common 110 8% 1st pref...100 26 163 J 140 ) 90 Nation'] Malleable & Steel Castings...* Nat Mfra &Stores._* 26% Mid vale Co 37 136% 6% preferred. 100 Nat Lock Washer.26 5% $2 n-cdiv shares.* * 31 35 Math'son Alkali 7 % preferred. r 38 3% .* Preferred 50 Lanston Monotype Le Roi Co 37% 29% 123 Manhattan Shirt.25 Manischewitz * » * Leonard Oil Devel 25 Lerner Stores.....* 8 . 6% 29 95 Oil Corp— $2 conv pref * Midland Steel Products com.* 19 6 .1 Mallory (P R) _* Manati Sugar com 1 65 Laclede Steel 50 Lago Petroleum 1 Lake of the Woods 6% preferred.. 100 Lawrence Portland dement 100 Leath & Co com Preferred 18% 14 25% 160 6% pref B 100 National Leather. 10 Nat Licorice com 100 12% 12% 4 14% 97 95 Lead...10 7% pref A 100 * Class B v t c__ : % 12% National 3% 19% Pref Major Marketing 8 MIckelberry's Food 10 Middle States Pet— Class A vtc * 3% 3 Fireprooflng_.fi Class A w w .1 Nat Fuel Gas • Natl Gypsum com.l 1st. 7% cum pf_100 2d non-cum pf_.20 3% _ Ask Bid Par Nat Food Products Midland com Majestic Radio & Television com. 9% Nat ..10 Mid-Cont Petrol. 109 24 Stocks Per share 3% Products com—1 2% 30c 25 22c Mahoning Invest 100 8 99% 7% 75 unstamped 20% 141 2 Preferred. Razor 991 Class B * .. Koppers Co 6 %pfl00 Kresge Dept Stores 1 4% preferred. .100 8% preferred—100 Kresge (S S) CoCommon (vot)_10 Kress (S H.» * 6 % preferred 10 Kreuger (G) Brew.! Kroger Grocery & Baking common.* Kysor Heater 1 Bakeries 20% 139% Magazine Repeater 95c Preferred 100 Lakey Fdy & Mach 1 Lambert Co * Lanatin Corp 1 Landers. Frary & Clark ...25 Lane Bryant Inc..* i 7% pref w W..100 k Lane Wells Co 10 Langendorf United Co MacWhyte Co * Macy (R H) Co Inc * Mad Sq Garden * 85c Milling . MacMillan 2% 2% £1 A 100 Ask J .1 1 Mich Bumper Mich Gas <fc Gil Preferred— 24 3 37 28% Bid Par Mich Steel Tube.2% Michigan Sugar...* 107 conv Preferred Ludlum Steel Lukens Steel Kolster-Brand Ltd— Amer shares 10 pf-100 6%% 10% Stocks Mexican Petrol....1 21 96% MacAnd & 16 2-3 6% 19 5% preferred.. 100 Lord & Taylor-.100 Watch Case * Longwest Corp STOCKS Per share Loose Wiles Bis..25 9 10% Ask Per share 8 XP * » Bid Ludlow Mfg Assoc.* Ludlow Valve Lamp A * Kerlyn Oil cl A 5 Key Co common..* Keyes Fibre com * MISCELLANEOUS possible for the closing day of the month preceding the date of Issue 80 Ken-Rad Tube & Keystone Steel & Wire common & are as near as 25 4% %6 1% 24% OH.I* North German Lloyd Amer shares North & Judd 25 Nor Paper Mills.. 10 North Pipe Line—v 50 4% 2% 26% 10 1 I 5% 14 16 54 N'west Engine N'west Yeast... 100 56 Norwalk Tire & Rubber 3 _• 7% preferred—.5 50 Norwich Pharm... 5 • Novadel Agene Noxzema Ohem 1 Nu-Enamel __1 Nunn-Bush Shoe 2% 21 Ogil vie Flour Mills. • Preferred .100 24% 36 24% 6% 2% ... 3% 24% 39 4 25>| 2% II r r 15 29% 30 150 155 | Bid share Ohio Brass B * Ohio Match —* Ohio Oil • Preferred Ohio Rubber 12$ 106 Ohio Seamless Tube* 7% preferre I Oilstocks Okonite 100 Ltd 11X » common 145 93 100 0% preferred 100 Oldetyme Distillers 1 Oliver Farm 30 , Warrants Oneida Ltd coml2X 9Q^ 29 25 Preferred Onondaga Pottery.* 214 Ontario Mfg com..* 15 84 Oppenheim Collins.* Conv conv 104 11 55 204 22 * 114 Overman com * 2 4 71 7 73 $6 preferred A...* $5 preference * Pac Amer Fisheries 5 40 30 84 . 10 1st preferred 2d preferred 19 17 * * 1 Pacific Port Cement Common 100 $5 conv 2.50 1.55 14 134 • "54 * Packard Motor Pairpont Corp. .100 Pan Am Airways—5 Bolt.* Pittsburgh Steel—* 7 % preferred _ _ 100 54% prior pf-100 5% preferred ..100 Pittsb Term Coal- 1 Pitts Screw & (Thos G) 7% 1st pref eign Corp class A1 60 1 60 B Class _ 12 X Pan Am Petrol & Transport 5 $50 par B Pan-Amer Southernl Panhandle P & R__* 94 7*4 „ 110 5 ~6"" 1 14 654 1*4 64 8% conv pref. 100 Pantepec Oil Co—1 Pantex Pressing Machine common* Preferred * Paraffine Co Inc..* 5 8 35 49 100 4 14 2*4 10*4 ' w 6% 1st pref 100 6% 2d pref 10 Parke, Davis Co..* Parker Pen 10 Parker Rust Prf-2X Inc.! Rig & Park & Tilford Parkersburg Reel common—1 Parmelee Trans—* Pathe Film Corp—1 7% preferred * Pea body Coal B—5 6% preferred..100 Peck, Stow & WilclO Peerless Cement * Peerless Corp 3 Peerless Weighing & Vending com 1 Preferred --* 134 24 0*4 18 4 184 18 "24 Roosevelt Field-.-.5 * 54 514 Root 214 4 74 50c 40c 04 11 54 * common Prosperity Co B—* Publication Corp..* preferred. .100 Original pref-.100 Puget Sound Pulp & 1st 32 6 117H Rollins Hosiery 31 5 8 2 Pure Oil Co 12 5% conv pref.-100 6% preferred. .100 Purity Bakeries—* Pyle National Co. 5 Pyrene Mfg 10 Quaker Oats * 6% preferred-.100 Quaker State Oil—10 Rademaker Chem.l Radio-Reith-Orph. » 28 20 134 11*4 20 4 154 New com w i 38 33 1*4 14 1514 17 2 2 New pref w 14 Railways 74 304 884 11 04 54 1 Corp 24 5*4 10c 4 4 Ralston Steel Car 4 4 14 14 "2*4 2*4 common preferred Randau Corp pt Class B 100 .100 A_ » Packing-.—10 Rath 71 25 75 Raybestos-Manhat Raymond Concrete 7 9 13 114 4 4* 8* 4 14 54 Without par value, 22 _ 1 $2 conv pref 25 Raytheon Mfg—50c 6% preferred-. ..5 Real Silk Hosiery Mills common 5 100 * * n Nominal, U4 104 04 Royal Dutch Co of N Y ord shares. Royal Typewriter * 7 % preferred. . 100 Ruberoid Co..—--* Russeks 5th Ave.2H Russell Mfg - - 50 Rustless Ir & Steel. 1 $2.50 conv pref..* Ryan Cons Petrol-* Ryerson & Haynes.l Safety Car H & L100 Safeway Stores * — 5% preferred. .100 6% preferred.. 100 preferred _ . 100 Corp.* r 50 r 54 St Lawrence Flour 53 Mills com 100 r Preferred 100 r 50c St L Nat Stk Y * July 21 St L Rocky Mt & Pacific Co.-100 July 7 Preferred 100 4 St Paul Union Stock Yards com * St Regis Pap com. .5 Preferred 100 2iy Samson United—-1 Sanborn Map.--.25 22 y Sangamo Electric. _* 19 San-Nap-Pak com.l 7% St Lawrence Preferred 3 \l Arms——* Savannah Sugar—-1 23 --5 14 Savoy Oil 14 Schenley Distillers.5 54% pref 100 6 Schiff Co com..---* 70 54% preferred—Schulte Real Estatel 10 Preferred 100 64 54 56 04 6 i5y r Canadian nrice. 31 Units Savage t New stock, _ Sheaffer Pen 39 1 * Tr £2 Shell Union Oil—* Shell Transp & Warrants 80 60"" 40 3h Rights 54% conv pf.100 14 Shepard Niles Crane 114 91* 95 53 11X 574 134 11 14 54 6 105 Dorado $2.50 3 13"" 84 24 1*4 1 7 214 3 9 18 14 70 Prior pref 100 Slmmons-Boardman Pub preferr ed_ _ . * Simmons Co * Simmons Hdw & Pt Common * Simms Petroleum. 10 8 21 22*4 124 * Silver Burdette— 38 2 11 preferred.30 Silex Co 8*4 2*4 24 74 4 Stamped Sign ode Steel Strap'g Common * 90 11X 108 110X 5%pfser AAA 100 154 Sher-Wins Can * r Preferred 100 r 108 Shrevept El 24 24 27 & Hoist —25 Sherw-Williams ..25 64 4 54 13 254 24 2*4 1.30 1 Simonds Saw & Steel Common * Simon (Franklin) & Co 7% pref.-100 Simplicity Pattern. 1 Singer Mfg 100 Singer Mfg Ltd—£1 Simon Brewery 18 204 3X 240 14 Stock Sioux City 12 4 21 * Preferred * Sirian Lamp com..* Preferred * Sivyer Steel Casting 16 Yards com.. 90 1 18 22 15 17 24 18 5 23 1*4 14 8 9 IX 2*4 3 7 1*4 74 15 16 18X 4 20 58 5% preferred--100 Sloss-Sheff S & O 100 $6 preferred—100 Smith (A O) Corp. 10 Smith & Corona 95 99 19 4 18 8ocony 63 54 100 124 Match—-* Smokers 60 25 Smyth Mfg Snider Packing HX * 15 Vacuum—15 1 3% Mfg Corp Sonotone Corp Solar 48 11 304 91* Skelly Oil 15 6% cum pref--100 Skenandoa Rayon.* Typewriter vtc*A 62 "14 * Common Conv 1 preferred. _1 l1!* Warrants— "54 Mfg common_1 24 X 7 254 7*4 Soss 29 32 84 364 34 84 384 34 5 South Coast Corp. -1 Preferred 100 South Penn Oil.—25 So Porto Rico Sug_* 8% preferred.. 100 Soutn Shore Oil & 1 oly* 704 83 l\y* 76 214 18 Works 2*4 3$4 204 1314 3 Exp..100 Dairies— 95 - 96 98 103 ilK South Bend Lathe Development- 10c 87 8 19 4 Southeast Southern Class A 14 1*4 * x * 10 Southern Phosph.10 Sou Webbing Mills. Southland Royal. _* S'west Pa P L 50 Spalding (AG)&Br.» Class B x 1 South'n Pine Line 140 66"" 70 25 7 35 20 25 4 34 57 34 102 21 3 3*4 60 34 106 25 34 75 42 y 154 224 14 14 conv Shawnee Pottery. 10 *4 10*4 34 36 Preferred Rayomer Inc com. k Last sale, 22 * Pile common 29 34 63 14 24 31 27 92 114 24 2 * * Product A Class B com 2*4 84 12 4 874 149 Rainbow Luminous 154 20 33^ 108 11 8 8* Preferred.. 6 146 49 i Corp—* Roxborough Knitting 13 105 1 Gear & Tool—* common Rossia Int iy 5y 109 64 134 334 * 4 35 54 74 24 119" 109 com__* 20 Pullman Inc 20 Punta Alegre Sugar * Timber Preferred 1 Corp_5 Petrol Co 1 $1.20 conv pfd.20 Rose 5 10&25C Store Ross 5* 100 Rome Cable Propper McCall'm-. 7*4 New Majestic—* Co—* Reda Pump Red Bank Oil 5% preferred. .100 Roeser & Pendleton * 100 Corp com—* 34 > _ Rogers Peet 7% pref vot * 1% Rogers 8% preferred-.100 5% preferred-.100 115 * Permutlt Co.—-—1 Pet Milk * Pet Corp of Am—5 Petrol Conversion .1 Petrol Derivatives.* Petrol Heat & Pr__* * Class * 3*4 Bobbins & Myers—* Preferred 25 Vs Robertson 'HH)._* Robertson Pap Box.5 36 Preferred __12 Robinson(Dwight P) 14 7% 1st pref—100 Rochester Button * 24 Preferred 100 Rockbestos Prods— 38 Preferred 100 45 204 Rockwood & Co—* A B Class 10 Producers Corp.-25c 60 $5 Sharp & Dohme * $3.50conv Pref--* Shattuck (Frank G)* Riverside Cement— 30 9 * • Ritter Dental 9 Preferred Process * 100 Mfg_* Riley Stoker Preferred tm tm 84 114 Cp—* pref * Sharon Steel lS* 63 6 24 Richman Radiator. 1 16 28 Price Bros & irA 58 75 1.00 7% preferred—100 Seton Leather * Seversky Aircraft-.1 Shamrock O & G--1 Selection Warrants 84 214 04 1 24 6 Anglo _ 33 pref 50 14 Perfect Circle 8 1 Gas.25 Lambert..* Prentice Hall * Pratt & *4 Peoples Drug Stores* 6% conv pref.. 10 Pepsi-Cola Prairie Oil & 8 14 Units Potter Co com Proc & Gamble 105 A B 52 31 * Class 4 5 5 5% conv 1st pf—5 5% conv 2d pf—50 99 Penn Glass Sand— Common v t c—* Class 31 Common Penn Federal Corp.* —.. *4 50 100 -100 Richfield Oil of Calif Common _* 17 3 * 20 83 Common 7*4 16 35 72 1st pref 2d pref 1 m 11 30 52% Mfg—50 Penn Sugar 20 Penn Traffic 24 Penn Vy Crude Oil— 100 19 82 Penn Salt 4 14 8 *4 74 23*4 134 43 52 Penn-Mex Fuel-50c. Penn Rivet Corp_.l ordinary Rice Stix Dry Gds_* Pressed Steel Car— * $7 conv pref B common..10 8 * Penney (J C) Com.* Penn-Central Air¬ lines Corp 1 Penn Coal & Coke 10 Pa-Dixie Cement--* 7% conv pref A. .* Penn Electric Switch class A—10 Penna Industries— Units 100 84 U4 5 * * 10 conv 30 14% preferred .50 103 H Rhodesian Pressed Metals Am.* Pender (D)Groc'yA ♦ Class B * Penick & Ford 0s4 Rhodesian 17 24 94 7% cum pref. .100 54% conv pf-100 Reybarn Co Inc 1 Reynolds Metals * 54% conv pf.100 Reynolds Spring 1 Reynolds Tob 10 1 40 174 74 69 30 1* 10 204 Revere Cop & Br. .5 Class A 10 10 _ Potrero Sugar Pref stamped 10 Preferred 27 34 16X 85c 1 5 ax X 4 Class A Preferred w..25 Republic Steel * 6% conv pref. 100 6% prior pf A. 100 Respro Inc com * 74 24 3^ 100 Potash Co of Amer w 28 Plough Inc ._* Plymouth Oil 5 Pocahontas Fuel .100 Preferred 100 Pollack Mfg * Poor & Co class B_. * Class A. * Porto-Ric-Am Tob— 45 4% conv pref. 100 Paramount Motors * Paramount-Publix 10 Paramount Pictures 1 Preferred 29 18 100 Preferred Selby Shoe * Sentry Safety Con.l Serrick Corp cl B..1 Servel Co 1 rights. 38 Class B 14 16 Renner Co 14 ~6~~ 24 164 Bond warrants 18 Pleas't ValWine Col 12 4 B Rubber.* Seiberling $1.50 conv pref.25 Remington Arms..* Rem'tn Rand com.l 1 4?cM Plant Pan-American For¬ Pan Amer Match.25 SH 74 1014 3*4 U4 Plant Reduction—1 16 15*4 7 a&* el* 6% preferred-. 100 Pittston Co * £ 11*4 96 5 * * Seagrave Corp Sears, Roebuck Seeman Bros 13 13 -.100 2 Reliance Sieel 184 47 24 254 _ 4 Warrants 11 Reo Motor Oar Pitts Forgings .1 Pgh Metallurgical 10 Pittsg PI Glass—25 $2 conv pref....* Seaboard Oil (Del).* * Segal Lock & Hard¬ ware com 1 Preferred 50 10 Preferred m % * pref 104 Reliance Mfg Co 24 : , $2 cum pref w w_* 6% preferred—100 Reliance Elec & Eng Common 5 "74 100 6% preferred-.100 Pitts Coke & Iron—* 46 100 Pacific West Oil--10 4 36c . y* 4 48 5 174 Pitts Coal (Pa).. 04 14 8*4 pac Eastern Gorp. Preferred |K 54 14 * Pacific Can Pacific Coast Co. 7*4 1 Steel common I* Pitney-Bowes Post.* Pittsburgh Brewing * Preferred * Cushion Tire 6% pref 5 Seaboard Fin Corp.l 4 10 X Reliance Bronze & A* 42 10 Am shs 500 lire— Owens-Ill Glass. 12^ Oxford Paper corn.* 10*' 34 Pilgrim Explorat 1 Pillsb Ft Mills com.* Pines Winterfront.l Pirelli Co of Italy 70 44 7% preferred-.100 * _ Warrants 64 23 84 7% 1st pref...100 Oil-X Reliable Stores 33 X Corp—.25 8% conv pref-100 Outboard Marine & Outlet Co 3*4 41 *4 Pierce Petroleum..* 43 1st pf_* 6 Reiter-Foster 3* Pierce Oil * Manufacturing. .5 7 42 Rad_5 Pierce Governor * 134 6% preferred. .100 Otis Steel $5.50 25 21*4 98 20 (Illinois) Pkge Corp 24 33*4 54 * r Mills Ltd 8% preferred.-100 Schwitzer-Oumm 1 Scott Paper * Scovill Mfg 25 Scranton Lace * Scull in Steel pref. 50 Common.......* . 21 Preferred .25 r Reis (Robt) & Co__* 8* 36 Pierce Butler preferred. _* O'Sullivan Rubber. 1 Otis Elevator * 4 04 Pictorial Paper 7 27 * Oshkosh B'Gosh 20 Schulte Retail Sts.l 50"" Regent Knitting 17 154 1 share Par 334 * * 64% pref—100 34 5 Preferred Reed Roller Bit Reeves (Daniel) 18" Phillip-Jones Corp.* 7% preferred-.100 Phillips Packing...* Phillips Petrol * Phoenix Hosiery 5 7 % preferred- -100 Pick (Albert) com.l 11 Reed Prentice com.* Units 8 ..100 Preferred 2 Equip.* 334 Bid Stocks Ask Per share Reece Button HolelO Reece Fold Mach.10 174 84 334 Phelps-Dodge 25 Phila Daily News-10 Phila Dairy Prod—* $4 preferred * $6 preferred * Phila Insul Wire—* Phil & Read O & I-* Phila Record com.* 1004 100 84 Pharis Tire & Rub.l \ * Bid Par share 16 Petrolite Corp Ltd. * Pfeiffer Brewing—* 30 % * Ohio Forge & Machine Corp Ohio Leather Per Par Stocks Ask Bid Stocks Ask 89 STOCKS possible for the closing day of the month preceding the date of Issue Quotations for all securities are as near as Stocks MISCELLANEOUS & INDUSTRIAL Aug., 1938] 85 134 13 *4 33 31 14 20 14 204 75 14 77 "4 "*4 14 2*4 t Ex-dividend. 114 5 6 _ 6*4 10 3*4 114 7% 1st prer_--100 9parks-With'gt'n Co 3% Common....—* Spear & Co * $5.50 preferred..* Spencer Kellogg—* Spencer Shoe * Sperry Corp v t c—1 Spicer Mfg Co——* $3 conv pref A * Spiegel Inc com...2 $4.50 conv pref..* Springfield Ice & F.5 Square D Co 1 Squibb (E R) & Son* $6 preferred * 3*4 51 22 14 214 & 40 m 21 105 90 INDUSTRIAL Quotations for all securities Stocks Bid Par Ask Stocks Par ' 1% 2% 100 14 10 100 * Preferred 14 15 92 97 20 Thew Shovel 5 Standard Brands..* 8 "8% Thompson-Starrett * $3% preferred * Thompson (J R)._25 Thompson Prod * $5 conv prior pf. * $4.50 cum pref..* 102 103% Tide W Assn Oil.. 10 17 17% 23% " Bt&ley Mfg Co 7% preferred $5 preferred Standard Brew 80 3/ * com. Preferred 10c .5 1% Common 2 3 Stand Com Tob coml Standard Dredging 3% 2% 2% 1 2% 13% 32% 33% 34% 25 35 18 $1.60 convpref-20 Stand Oil (Cal) * Stand Oil (Ind).._25 Stand Oil (Kan).. 10 Stand Oil (Ky)_..10 Stand Oil (Neb)..25 18% 2% 14 33 7 6 57 22 5% preferred. .100 97 22% 97% % 9% Standard Plastics.. 1 Standard Products. 1 Standard % 9% 20 29 100 4 com Stand Steel Spring. 5 Stand Tube clB Starrett Corp— Common v t c..l 8teel Co of Can Preferred 25 Stein (A) & Co com 43 27 ~4% 31 Truax-Traer Coal. 10% Trunz Pork Stores.* Truscon Steel 10 6% 3% 6% 3% 3% 3 67 * 68 3% "9"" 7 * n% 1% 7% 7 7% 16% 8 '7 5% * 92 47 4% 5% % conv pf—50 Class B * Superior Steel 100 Susquehanna Silk Mills class A 1 Class B 8% 29 Swift & Co 25 Swift Internatl Sylvania Industrial * Symington GouldCommon w w Common x w ...1 1 Taggart Corp $2.50 pref— Talcott (James) „ * 9% 11 Technicbfor Inc Telaut'g ph Corp..5 Tennessee Corp 5 Tennessee Prod.. 12 $3.60 conv Thermoid $3 conv Co 1 pref—10 2% 2% 7% _. Biscuit conv 100 * pref. 100 United Carbon United-Carr Fast..* 40 41 11% 16% 12 United Chemical..* $3 part pref * United Ciear Stores 6% nreferred. .1001 16% $5 preferred * Un Drill & Tool- 28% 30% 7% 6 13% 2% 18% 28% 13% 15 2% A Class B 29 14% 5% 10% Univ Leaf Tob U* 33 8 % preferred 100 Universal Pictures .1 165 70 8% 1st pref...100 Universal Prod * 39 32% 60 3 3% 7% 7 24% 32% 11% 2% 3% 2% 63% 1% 25% 33% 11% 2% 3% 13% 14% 42 25« Amer dep rcts__£l Unit Paper board. 10 % . 27 78 8% 25% 5% 7% 2% 1% 2% 5 7% 1% 100 Unit Piece Dye com* 1% 7% 25% * Preferred 88 1% United Fruit Preferred United Profit 100 Sharing 25c 10 % preferred- -10 United Screw & Bolt Class A * Class B ...» Un Shipyards B 1 Class A Un Shoe Mach 1 7% preferred..100 Vadsco Sales Corp— 65% 1% 13% Common 7 % conv pref.100 Valley Mould & Iron 1150 19% 27% 20 * 11% 10 9% 13% 45 17% 17% 116 Sugar 61% 15% 4% Mar. 26 . 17% % 28% % 7 23 * * J* 37 64% 43 69 5% 6% d* 25 4% U S FoiiB U S Freight U S Glass U S Gypsum 55 7% * . & Last sale, n Nominal, r ly> F) Wil-Low Oafet Conv pref conv Com class A....* Com class B * 1% 9% * 1 17% 3% 7% preferred ..100 50 1% 9% 77% 42% 4% Warner Bros. Pict._5 $3.85 conv pf. * Warner Co com...* 35 3 . $6 preferred Wilson Line ....* * Preferred . Preferred 2 l * Winsted Hosiery 100 87% 163% 9 The Goodwill 31% Canadian price, 22% 5 Portland 3% 6% 10 com 2 Woodley Petrol 6 52 5 6% 1 Wood Newspaper Machinery pref.. * Prior pref units Woodward Iron.. 10 Woodw'd & Loth'plO Preferred 100 Woolw'th (F W)_10 > 1 10 19 50 115 47% * Wayne Knit Mills.5 Wayne Pump 1 Webster Eisenlohr * $7 preferred. ..100 Weisbaum Bros Brower com.. 34 t New stock, x Ex-cuviaenu. dep rects ord. Worthington Pump 20% 75 50 36 38% 96% 6 & Mach 95 35 9 9% preferred 100 Wright Aeronaut'l-* Wrigley (Wm) Jr..* 9% 10 Wrought Iron * Wurlitzer (R) comlO Preferred 6% 9 17% 3% 50% 6% 37% 4 11 4 100 Wyoga Gas & Oil.% Yale & Towne 25 Yates-Amer Mach.5 Yellow Truck & Coach Mfgcl B..1 7% preferred-.100 York Ice Mach 22 24 21% 6% 29% 3% 30 8 3% 60 3% 10% 78 85 5c 35 2% 19% 101% 12% 61% 78 Youn^L A) Springy 10c 36 3% 20 109 13% 64% 85 Youngstown Car 20 20% * 20 20% 5 •2% Steel" Door common Steel common Youngstown Sheet & Tube * 5%% pref..100 Zenith 5% 72 10 122 Youngs town 21% 93% 70% 3% 100 Preferred 28% * 7% Preferred..100 Young (J S) Co. 100 Radio * Zonite Products.... 1 1 15% 44 104 45 44 pref Am 4%% conv prior preferred 100 4%% series prior 42 conv 7% 11% 169% 9% 1% 50 20% 68% 20"" _ Warren (S D) Co..* Waukesha Motor__5 89 115 Winters & C'mpton 1 Witherbee Sherman 50 12% 28% . 1 ! 10% 25 6 % 9% * 66 $3 conv pref. * Warren Fdy & Pipe * Warren (Northam) 106 1 67 100 "3% $3 104 n* 100 6% pref B Warner-Quinlan Co* 1% 8% 2% 5% 5% pref-_10 7% pref A.... 100 Warren Bros ...* $1 1st preferred.* 7 5% 1 ...* Wolverine Cement • 2% 4% 5 Wm Oil-O-Mat—_* Williams (R O) * 43% 19% % 12% 18 10 11 Oil 89 14"" % 7% I ♦No par value. (H Gas 18 . 7% prior pref.100 6% preferred.. 100 Walworth Co * 6% preferred 10 Ward Baking Corp— * .20 7% preferred-.100 U S Hoff Machin'y5 5%% conv pf._50 & Worcester Salt. .100 Preferred 100 8 ' Waltham Watch cl B % 3% 76 Woolworth Ltd— 65 100 • * 2 * Walgreen Co com..* 4 % % pref w w 100 WalkerJH) Good'm & Worts com..* Preferred * 6 7% 10% 10 Stores 3% 8% Waldorf System. 78 1 Finishing... common.. Prior preferred-_* Willcox & Gibbs_.50 1 40 Preferred 64 * Class B 10% 24 * U S 5% preferred-..10 Wickwire Spencer * 66 9% 22 7% conv pref.100 Envelope 100 60 5 42c 7% preferred-.100 Woodall Indust___2 2 Waitt&Bond Inc A * 50 57% Pipe common..25 Whittall (M J)— Wagner Baking 100 22 8 80 ctfs 17% 4% 28% 4% 18% 9% 125 Waco Aircraft * Stk trust Wahl Co 8 16"" 13% Wood (Alan) Steel 7% preferred-.100 77 7% 33% 80 52 7% first pref .100 Wolverine Tube Vulcan Corp com..* Preferred 100 Vulcan DetinninglOO 10 7 Whitlock Coil 50c" 1 5% preferred. .100 VogtMfg * 2% 6% 14% 29 $4 conv pref * White (SS) Dental 20 White Rk Min Spgs- Station 6% part pref. .100 Va Iron C & C..100 2% 3% 6% White Motor .1 White Sew Mach .* WJR 5 Va-Car Chemical..* 30 23% Preferred 35% Preferred Victor Brewing. Victor Chemical 30 * Wilson-Jones .5 Pump 34% 18% 5% conv pref. .30 Weyenberg Shoe..:.! Weyerhaeuser Timb * 52% 4% 1% 1% Viking 4% Westvaco Chlorine. * Willson Products. .1 Wilsonite Corp 1 Vicana Sugar v t c.3 Vick Chemical 5 30 15 common. 130 * * 27% Vertientes-Camag'y 4% U S 2% 23 Venezuela Holding. 1 Venezuelan Petrol .1 77% 4% 24% 63 Veeder Root Inc ..* Venezuela Mex OHIO 13% 1% r Westland Oil Weston El Instru Class A Wilson & Co 100 35 25% 100% 6% * $4 preferred * Van Dorn Iron Wk3* Van Nor Mach Tool5 Van Raalte Co 5 28 11% Corp Brake common._* 78"" Willys-Overland Van Camp Milk 41% U S Distributing 11 2% 37 8% preferred..100 Vanadium _ 10% 4% 66 5%% prior pref.* Valspar com 1 $4 conv pref____5 14 % 16% * Westinghouse Elec & Mfg com .50 7% 1st part pf.50 Wilcox 20% * 72 7 Union common..* Steel % 24% ^ Common 1% 16% Preferred 100 Western Newspaper Wieboldt * 22% 25 Preferred 1% 7% 2% Utica Knit Co...100 3% 70 25 Common 5 10 Preferred 22 United Specialties.! U S Bobbin&Shuttle 6% Preferred 20 75 Utah Radio Prod-.l United Molasses Ltd 5 4% 5 6 Valvoline Oil coml 00 2% Un Merch & Mfrs_* United Milk Prod..* $2 preferred * Eng & Fdy * . Upson Co com. 12% Preferred 100 Utah-Idaho Sugar .6 4 8% 6% 6% 35% 7% 10H 1 9 United Drug 5 United Dyewood.10 Un s!H OillO . 17 Common 10 Western Dairies 1 $3 preferred * Western Grocer. .20 Western Groc Ltd.* Corp _* 6% Preferred.. 100 $5 conv prior pf.* 5* Universal-Cyclops Steel Corp x93 3 Wheel Steel * 11 * 7% preferred..100 United Electric Coal Cos com 5 5% 10% 2% 52% * Universal Cons V 8 * ... 111 6% prior pref-100 Universal Corp vtc.l 1 5% Warrants 3% 19 8% 6% 5% 34% Class 59% United Stove.. 1 United Wall Paper_2 3 7 United Cigar-Whelen Stores com 10c 2% 2 1000 $6 conv pref Vot tr ctfs 7 2% 2% Artist Theatre.* .. 64 Conv preferred..* * 7% Istpref 5 67 United Stores A Lines 29% 3% 47% 5% 35% 11% pref..* Air 35 47% .5% 35% 11% Texon Oil & Land..2 Thatcher Mfg * Union Twist Drill-.5 United Aircraft....5 Un Aircraft & 31 20 Trust old stk__100 Ctfs sub shares.. 1 25 Stores com 1 Un St Yds Omaha 100 Union Tank Car United 2 _ Mfg Union Oil of Cal'f.25 Preferred- 15 Texas Corporation 25 * common Unit Amer Bosch..* 1 Texas Gulf Prod. Texas Gulf Sulph.. Tex Pac Coal & Oil 10 Texas Pacific Land Underw Ell Fisher.* Unexcelled Mfg. .10 Union Bag & Paper Un * com. Preferred * * pref...* 12 Warrants Term & Trans com B 28% 3% 5% % partic pf-50 * * Series A 57 7 com. ._* com._l pref Ulen & Co United 129 41 Irom& Steel Common Twin Coach Transport 9 Tampax Inc 1 Tastyeast Inc cl A_1 Taylor-Colquitt Co 5 Taylor & Fenn_.100 Taylor IK) Dist 1 Taylor-Wh ar ton 2% film Transport warr'ts. 1 Sutherland Paper. 10 Swan Finch Oil 15 Sweets Co of Am.50 Sweets' Steel Co 1 . J3/* 7% non-cumpf_25 84 5% 55 Superheater Co * Superior Oil 1 Superior Portland Cement A pref..* 100 Tung-Sol Lamp 1 80c div conv pref * _ _ 6% 44% 82% United Stockyards— Common 1 7% 21% 10 8% 11% „ U 8 Tobacco 7% 83 9% 125% 9% 2% com 1 7 % preferred 11 Preferred 6% 21% Mach cum 35% 10% Union Carb & Carb * 13"" 8% pref. .100 Sunray Drug 1 Sunray Oil 1 Oil * 17 10% Union Premier Food 10 5 6% Stationery Westinghouse Air Union 75 25 Sun 4% h Western Tablet & 37 16% 52 7% Submarine Signal.25 Sullivan Mach'y * common 5 33 96 9 Tool A Class Corp Strut hers Wells com * Chatillon.-l Series 17% 10% 10% 1.25 preferred..* Studebaker Corp..1 _ $1.50 preferred..* 11% 1% , Tubize 20th Cent Fox 16 Stinnes (Hugo)Oorp5 Stix Baer & Fuller. 10 * Triplex Safe Glass.* Triumph Explos 2 Trojan Oil & Gas of Delaware 1 7 5 Hirshberg.* July 19 10% 25 Stroock & Co * 34 Forging-. Preferred 100 Western Adr Expr. 1 West Auto Supply— Pulp Pap._* * * 66% 12% 3% 23% 4% Va 1st preferred U 8 Sugar Corp Williams Products 7% 1% W Va Coal & Coke. * W U 8 Stores com 66 12 2 9 Daylight Screen-.1 3% 1 28 2% r 3 . Transameriea Corp 2 Transcontinental & 80 Foundry 26 17 ..... 38% * pref 7 U 8 Realty 10% 6% 105 Steel * 50 1 2% 12 5 com conv 7 59% 16% Securities..* Preferred 100 Trane Co.. 2 $4 24 56% 5 33 5 2iH 4 West Indies Sugar.1 West Michigan 26 62 .5 Toledo Shipbuild..* Torrington Co * Picture drift 10% 17 15% 106 Wentworth Mfg.1% Preferred * Wesson Oil & Snow¬ .1 6% preferred—50 & Imp. * US Rubber 10 8% n-cu lstpf.100 U 8 Rubb Reel * U 8 Sm Ref & Mln50 7% preferred 50 U 8 Steel Corp * 7 % preferred 100 60 .* Towne • ' $1.50 conv pref.20 U S Postal Meter. .1 U 8 Print & Lltho— Per share Wellington Oil 1 Wells Fargo & Co..l 11 30 17% Trans Lux 75 U 8 Playing Card.10 U 8 Plywood Corp Common 1 Preferred 15% 1% Shipyards. Welch G'pe Juice 2% Preferred 100 -1% 42% Common Bid Par 21% 6% US Radiator Pump.. Stocks U S Lines pref....* U S Pipe & Fdy..20 47% Am deprcts ord £1 Am dep rets def.. Todd * com..* cum pr pf_100 Part conv& cl A.* • * Ask share 7% 3% 4% Transue & 32 Stokely Bros... 1 Oonv pref 25 Stone & Webster--* Storkline Furn 10 Strawb'ge & Clothier 6 % preferred. : 100 7 % preferred. 100 Strom berg Carlson.* 6 % preferred. -100 * Stocks, Inc Steel 1 Stewart-W ar ner Roll Bear 14% Trico __* Stetson (JB) Preferred 103 47 141 Transwestern Oil.10 1 common Sundstrand 11 71 Sterling Brewing...1 Sterling, Inc 1 Sterling Products. 10 Titusville 15 96% 10% West Air Line___5 4% 4% pref 20 Sterling Aluminum Preferred A 14% 95 70 5% 2d Strouss 11% 3% 92 14 Tim ken U 8 Leather r Sterchi Bros com..* 1st preferred—50 Stern Bros 4% 12 25% • 100 com 31 41 1 Stanley "Works 25 Starrett (L S) Co..* Products 11* U 8 Tnd Alochol 3% 17% 5% 18% 136 6 132 1 H»and Silica 20 89 Tilo Roofing com._l Time Inc com * Tishman Realty Tobacco & Allied Par Tokheim Oil Tank 56% Stand Oil (Ohio)-.25 Preferred pref.* Bid Stocks Tob Prod Expts * Tobacco Secur Ltd— Stand Oil of N J..25 Screw Preferred A conv 19% 3% 15% 4% 7% preferred.. 100 Coated Products 4%% Ask Per share Timken-Det Axle. 10 22% preferred .10 Standard /8 ■ Stand Cap & Seal__l Oonv MISCELLANEOUS STOCKS possible for the closing day of the month preceding the date of Issue Bid Per share Stahl-Meyer com.. * & are as near as 21% 3% Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Tin custom in reporting price* for State and municipal securities is to quote them on the basis of the return the bonds yield per annum. Therefore furnishing the prices bolow, it will be found that for the single maturity bond a bid and asked quotation is published—either actual figures or on a percentage basis. In furnishing prices for the serial bonds, however, we endeavor to obtain the yield basis for the varying maturities. For instance, a certain bond matures from 1937 to 1951 and is quoted 0.50 to 3 %—would indicate that the 1937 maturity yields 0.50% and the bond due in 1951 yields 3%. Therefore, in the following list, it must be remembered the word to indicates that the figures shown are the yield basis; all other figures are bid and asked prices. ''' "" ''-.S'"n ^ Yield Basis or Bonds or Bid To Ask J&D 3 %s Mar 15 1946-1956 M&S 3 %a June 15 1940-1943 J&D 3 %s Mar 15 1941-1943 M&S • 3 %sJune 15 1943-1947 J&D 114.14 106.12 107.14 107.16 110.10 110.11 3%s Aug 1 1941 F&A 3%s Oct 15 1943-1945-A&O 3 % s Apr 15 1944^1946. A&O 3 X s June 15 1946-1949 J&D 3%s Dec 15 1949-1952 J&D 107. 109.23 108.14 107.29 Pub Imp ref 5s 107.31 Mar 15 1955-1960 M&S Sept 15 1945-1947 M&S Mar 15 1948-1951 M&S June 15 1951-1954 J&D Sept 15 1956-1959M&S June 151958-1963 J&D Dec 15 1945-.J&D Sept 15 1948 M&S Dec 15 1949-1953 J&D 3s Panama Canal 1961—Q-M 38 Conversions 1946 Q-J 38 Conversions 1947 -Q-J U S Treasury Notes— 2%% Sept 15 1938 1X % Dec 15 1938 1%% Mar 151939 2%% June 15 1939 1X% Sept 15 1939 i. IX% Dec 15 1939 1 H% Mar 15 1940 1M% June 15 1940 1%% Dec 15 1940 1X% Mar 15 1941 1H% June 15 1941 IX % Dec 15 1941 1M% Mar 151942 2% Sept 15 1942 1X% Dec 15 1942 1%% June 151943 Home Owners' Loan Corp— 3% prin & int guar '44-'52 2 X % prin & int guar '39-"49 2 X % prin & int guar *42-'44 2% prin & int guar 1938—1 Hi % prin & int guar 1939. 2%S 2 %s 2 Ha 2 %s 2 Ms 2 Xs 2%s 2 His 2ha — 106.19 — . - Montgomery Co 4%s 1957-59 103.19 103.1 103.21 102.8 102.9 105.31 104.18 103.3 120 112 110% 68 Road 102.5 122 110 112X 102.4 101.15 101.26 101.29 101.31 102.18 102.16 102.21 4 %8 102.20 102.23 102.19 103.26 105.5 Maricopa County— School No. 1 5s 1945—J&J Highway 6s Jan 15 serially Phoenix 4%s '50 opt '30-J&J 4%s 1939-1956 J&J 4%s Court Hse '38-'48. J&D 105.7 104.6 101.17 106.7 102.23 104 3.15 106.2 104.31 105.2 101.10 101.12 1 82% 3s 3s Rose, Hemingway opt 1944 Hot Springs 4%s '38-'50_M&S 90M 100% b b b 4s 1944 4%s 1957 M&N 4 Xs Oct 1959 5s April 1955—— — 5s Feb 1952 5%s Aug 1941 Puerto Rico 4%s July 1952J&J 106 X 108% 113 4X8 funding 1963 J&J b 3.50 58 July 1948 opt '43—J&J 110 5s Jan 1 1950 opt '44—J&J b 2.75 J&J gold 1953 5s July 1954 opt 2 Ms 1939-1916 1943J&J 4Xa 1942, 1946, 1949—M&S 4s pub highway 1949-51-M&S 4s refunding 1941-54 J&J 3Xs refunding 1955-65—J&J State Bridge Corp 4s 1938-51 - Bridge Auth. 4s, July 1, ' Annistonref g 5%s Dec 1 1939 ♦ Tax-free In Connecticut, b to 2.40 b 2.50 2.40 0.50 to 2.25 0.50 to 2.00 1.40 to 1.90 2.25 2.30 to 2.20 to 131 to 128 to 129 to 128 CONNECTICUT 102% 101% 4.60 less Bloomfield 4%s 1939-'52_A&0 Branford (T) 4 Ms '39-'50 J&D 102 2.70 0.40 to 0.65 to 2 .20 0.40 to 2.10 0.65 to 2.80 b 0.75 b 0.75 Bridgeport 4%s 1939-65--J&J 4X8 High Sch 1939-63.J&J *4s 1939-1968 .F&A 3%s improvt 1939-41--J&J ♦5s Gonstruc'n 1939-49 J&D Bristol 4%s Water 1939—J&J ♦5s July 1, 1939-55.-—J&J 1 b b — to 2.25 0.40 to 2.30 0.40 to 2.25 0.90 to 1.20 0.65 to 2.30 *5 Ms 1939-1951 Fairfield (County)— 0.75 105 to 2.70 l%s 1938 to 1950 J&D Glastonbury *4%s *39-58-J&J 1.20 to 2.55 1939-45.-J&J Danbury 4s 1946 taxable-J&J ♦4%s 1939-65 J&D 3%s Fund 1941 tax'le.A&O to 2.10 0.40 to 3.20 J&J Imperial Irrigation District— Refunding 6s 1983 J&J to 3.00 1.40 to 0.75 b to 2.40 0.75 to 2.60 0.60 to 2.00 1.90 2.00 0.50 to 2.90 1.10 0.50 to 2.00 2.00 to 2.75 b 0.75 to 2.20 0.35 to 1.85 0.50 to 2.75 M&S 0.50 to 1.50 March 1, 1939-1951 —June 1 '39-60 0.50 to 2.00 0.90 to 2.75 0.40 0.25 to 1.40 0.40 to 2.10 0.50 to 2.30 0.40 to 2.20 0.35 to 1.50 1938-49 4%s Sch 1950-59 *4 %s 4 Ms 1939-1942 M&N M&N M&N _ _ Groton S D 4Ms Hartford— 99% ^ »4s Water % 1940-45 J&D »4s High Sch '39-'55—-J&J ♦4 Ms 1939-1960 M&S 60 Hartford Refunding 5s 1983 Los Angeles (City)— 59 1940-1962 b 1.10 to 3.30 b 2.75 1956-76 M&N b 3.00 Water wks 1952-75 Water 1938-41..A&O b 0.50 0.50 Water 1938-70..-A&O 0.90 Sch 1939 -1944-..J&D to 3.00 Metropolitan District 2 %s Wat Sup *39-*77M&N 2 %s 1939-1978 J&J Hartford (School District) 0.90 to 3.30 0.80 to 3.35 ♦4%s 1938-1947 M&S *4%s Northeast 1959-J&D 4%s 2d North 1944 J&J *3 %s South Sept 1955-M&S *4%s Wash't'n '41-'47 .J&J Killingly (Town)4 %s'39-56J&J 0.50 to 3.30 to 0.75 0.50 to 2.80 Ref 4s 1939 to 1975-J&D b 1.00 3%s 1939-77 J&D b 1.00 to 3.75 to 3.70 Middlesex 3%sser A 1939-1977-J&J b 0.75 99 M 3%s ser B Jan 15 '77 J&J 3 Ms 1948-1958 J&D b 2.75 to 1.00 1 Ms Bdge New Britain to 2.00 Manchester— 0.50 3.00 2 Ms WatWks 3%s 3%s 2.70 4X8 4%s 4%s 1939-1968 J&J 4%s 1939-1969 M&S 58 Municipal 1938-61..F&A 5%s Harb Imp '38-'61 M&N 3%s Wat Rev '39-'48—J&J 3 Ms Sch Dist 1939-61--J&J 2.40 2.25 to 2.90i 2.80 to 2.90 100 102 99% to 3.20 to 1.50 to 3.40 to 2.30 95 2.25 to 3.75 2.50 to 3.60 to 3.10 4 %s 2s 1938-1942 3s 1943-1949 2.00 to 3.25 % t Bid prices for long and short maturities, v: «• A&O b 0.50 A&O b 2.25 b Baals. to 2.00 to 2.90 /Flat price, 2.25 2.00 1.50 to 1.40 % 1.90 2.00 0.85 to 1.50 0.50 to 2.10 to 1.70 M&N b 0.70 to 1.90 J&J b 0.50 to 1.50 1938-1955.M&N b oio to 1.50 1939-1951 Meriden (City)— 4 Ms 1939-1943 100% to 3.35 County— *4 Ms 1939-1944 M&N b 0.70 Manchester 9th School Dist— 3.55 Electric Plant Revenue— 103% i to 2.90 0.50 1.20 4 %s Sch to 3.15 Golden Gate Bridge & H'way3 %s series O 1942-1971-J&J b 1.40 2.50 0.75 5 0.75 East Hartford (Town)— to 2.70 5s School 1939-1955 4 Ms ♦Cheshire East Bay Mun Util Dist— 5s 1939-1974 J&J b 0.40 East Contra Costa Irrig Dist 6s 113 to 2.90 Greenwich— 101 109^ US% to 2.50 to 2.50 0.75 East Hartford Fire District— Birmingham— ,3 Ms impt ref 1939-50-.J&J 3 Xs Imp ref 1942-1958 A&O 4s 1939-1941. A&O 1.60 b 0.50 J&J 0.40 2.65 90 5s 1974-1983 102 2%s Feb 1 1939-1954. F&A 2%s Feb 1 1939-54—F&A Alameda 4s 1939 to 1941-J&D 4%s Mun Imp '39-*48-A&0 Alta Irrig Dist 5s Bakersfield 5s 1939-52—A&O Berkeley 5s 1942-1951 J&J 2.80 New ref various coupons— b 1.80 J&J J&J J&J 5 Ms J&J Bessemer— 1 1(Ktt to 1.00 2.25 F&A 3.05 98% 1.50 0.50 1955-A&0 b 2.35 Retire 1963-1972 opt 1955-A&O b 2.40 Ms Sewer Disp '47-'56A&0 b 1.90 to 2.10 1944-1948 1.00 to 3.20 103 102 2.70 to b 0.75 1941-1943 3s Feb 1939-1952 104% 104% 2.80 b b to to 2.70 to 2.25 1947-1956 5Ms 1964-1973 102% Veterans Welfare— - 104 2.95 1.00 b 1.00 99% 1.90 to 2.40 3%s Jan 1 1940-1949 ,u I 104% 3.20 2.70 b 2.20 to 1.35 4s 2.85 93. 0.40 5s Jan 2 3.25 3.00 110 113 b 1.00 to 2.35 1939-1947—J&J 5s schools 101% 100% - 4s Jan 2 b 3.10 page J&J2 b 0.90 J&J2 b 1.55 ALABAMA 3 %s renewal class C 1956-J&J 4 Xs harbor impt June l'39-'73 4 %s highways 1952 M&S 4Xs 1956 and 1959 M&S 4s renewal July 1, 1956 101 4%s Univ Bldg Jan5'39-65J&J 4%s Highway 1939-48-J&J30 4%s 1939-1947 F&A 4%s Olympiad 1939-71—J&J2 4%s 1939-1952 F&A 4s Harb Imp 1985 opt *50.J&J 1.15 to 2.15 % 1.15 to 2.15 103 X 100 X 2 CALIFORNIA 100.16 117% .50 Moffat Tun Imp D 101% 5s 1959 opt 1939 0.50 to 2.75 % 1.25 to 2.25 % 103 X 103 103 X J&J 101% 4s 1958-1960 0.50 to 2.50. 115% to 1.00 St Francis Levee Dist— 100.14 b to 2.50 5%s 1914-1963 5%s 1955-1965- 4Xa 1950 4s 90 4%s Fund 1941-50--M&N 48 Water Rev 1939-76.F&A Little Rock S D 4s *39-'55 M&S Honolulu (City & County)— 5s Pub impt 1956--J&D 15 b 2.85 2.60 5s Jan 15 1939-'56-_J&J 15 b 0.75 to 2.60 1.25 to 2.50 3%s Sept 15 1940-53. M&S Hawaii Terr 4%s '49-M&S 15 1.00 0.70 2.00 1.50 4%s Jan 1945 a Philip Isls 4%s 1952 Jan. Attorney Gen opt 1944 to 2.10 to 2.95 3s 1963-1972 opt 3 %s Mun Water Little Rock— PO SESSI ONS 4Ms Nov 15 *38-'56_M&N 15 4%s Oct 1956 opt '46 A&O 4Xa Nov 15 1938-58—M&N 2.10s July 20 1941-1945 1.70% refdg 1940-44.M&S 1.75% refdg 194044.M&S p 103% Reconstruction Finance Corp 100.14 94% 94 M 92 M 91% 89% 83% 90% 90% 89 3s 1949 to 3.15 to 2.60 - 95 - 103% Bonds to 2.55 J&J b 1.00 2%s State H'way '39-'54_J&D 1939-1951---J&D 2 Ms warrants 1952-'54—J&D Colorado Spgs 4s Mar 1 1941 4%s 1939J&J Denver (City and County)— 4%s Water 1944 J&J 4 Ms Ref Wat 1939-67-J&D 4%s Water 1962-1965-J&D 5 D No 1 4%s 1939-53.J&J S D No 1 4%s 1939-47. J&D 48 July 1941-1945 J&J 3.65% March 1, 1950-54—2%s Sew dist 1947-56-A&0 100 94% 94% 4%-4s 4%-4 s 4%-4s 103 K« 104 105 3%sMay 1*55 opt'45—M&N 105% 4s July 1 '46 opt *44 J&J 111% 111% 4 Ms 1958 opt 1938--M&N ioo x 101% Commodity Credit Corp— 100.14 100.16 X% notes Nov 2 1939 Federal Natl Mtge Assn— 2% notes May 16 '43 opt '39 101.11 101.14 S 98 5-4 s 1954-1960 to 2.15 b 0.75 b 0.75 3s warrants ARKANSAS 106.10 to 2.85 to 3.00 COLORADO 3.60 105.31 to 3.15 b 2.80 b 0.65 b 0.65 CANADA— <ee 3.20 3.25 106.8 b 0.50 3.50 3.50 5-4s 1961-1967 5-4s 1968-1977 to 3.00 3.50 3.75 3.75 107.2 103 X 103 X 3.50 3.75 3.30 106.31 Loan 4.10 3.75 5-4s 1943-1948 5-4s 1949-1953 0.75 4%s gold Aug 1943—F&A f.22~ Turlock Irrig Dist 6s West Side Trrig Dist 6s — f 26 3.30 J&J J&J 102.15 to 2.75 San Joaquin Co 5s '39 '49.J&J b 0.65 Santa Barbara 5s *39-41-JanlO b 0.50 1948 100.19 to 2.00 2.00 to 3.10 28 4.20 ) to 1.90 0.75 to 2.70 2s 1940-1949--- 4.00 Phoenix Un H S D 4%s Prescott 5s 1948 0.40 0.75 100 106 3.50 1946 2.25 b 0.75 b 0.75 b 0.60 102 3.75 100.7 to 2.90 103 3.75 104.3 to 2.90 4%s Water '57 '58. *59.J&J 4%s 1939-1951 J&J 4%s Water 1939-1977..J&J 4s Wat Distrib 1939-53 J&D 4s W .t Distrib '39-'63 J&D 3.60 4.10 101.4 '45---J&J 3.25 J&J 101.2 3s Jan 1 *56 opt *46—J&J 3s May 1*56 opt *46—M&N 110 5s Jan 1 1954 opt 1934.-J&J 5s W W 1939-1950 J&J 100.3 0.75 0.75 to 4%s Wh & Har '39-'52_J&J 4%s Water 1939-1964 3%s g July 1. 1939-44 .-J&J San Francisco (City & County) 5s Water 1939-1969 J&J % 106 6s Jan 1 101.23 U % 3.50 % to 3.50 106.9 100.17 & 96 102.25 102.12 101.20 TERR1TORIES 97 3.40 . 104.8 101.15 to 2.80 27 ........ Tuscumbia refunding l%to4% ARIZONA 102.17 103.28 to 1.40 0.75 b b b b Sacramento 4s Jan '39-'45 b Sacram'to Co 4%s '39-'46 J&D b San Diego 5s W W '43-'54A&0 b 5s Water 1939-63.. J&J b 5s School 1939-1966...F&A b 1939-42 4s 100 4s 102.15 0.50 J&J J&J15 J&D Riverside Co 5s '39-'54—M&N to 3.80 103 to 1.40 to 2.95 101 ........ toV.50 to 1.70 F&A b 1939-1965 Redlands 5s 1939-51 Riverside 5s 1939-53 97 o to 3.60 0.65 Pasadena 111 4.00 — 4%s 102.19 1P2.17 to 2.90 99 Tuscaloosa (City)— 5 Ms seria! il 102.20 102.21 1 % series E July 1 1939 1X % notes Dec 15 1938-— J4% notes July 20 1941— — 98 3.80 104 5s W W 1939-1957 J&J 6s ref pub impt '39-'53 M&N t 101 1 b 3.50 Tuscaloosa Co 6s Bridge 1941 5s Road 1957 M&S b 4.00 102.12 101.24 to 3.20 Oakland S D 4s 1939-44-J&J b 0.65 Orange Co 5s 1939-45—M&S b 0.75 105 to 3.90 b 2.00 — 101.17 102.10 2s Dec 1940 2s Apr 1 1943-_. 3s July 1 '55 opt 69% to 3.75 J&J Tucson 5s Water 1950 - to 3.80 4.00 —J&J 1951 2%s 1939-1952 101.13 to 3.25 Colorado River Waterworks ref 4s 1946-1986 F&A b 2.65 1.22 Modesto Irrig Dist 6s Oakland 5%s 1939-1943-F&A b 0.65 4%s Mun Imp '39-'43.F&A b 0.65 to 3.30 3.90 Morgan Co 5s road 1952-F&A Selma (Citv) 5s-6s 1938-55- Federal Home Loan Banks— Federal Farm Mtge Corp— 3 X % int & prin guar '44-'64 3% int & prin guar 1944-'49. 3% int & prin guar 1942-*472X % int & prin guar '42-'47 1X % int & prin guar 1939Federal Land Bank — Farm 101 Tuscaloosa— 100.8 101.11 to 2.40 0.75 4%s 106.1 104.29 to 3.3o 2.50 & b 6 b of Southern C alifornia— 104.19 106.18 Nil to 3.50 .F&A b 1.00 Metropolitan Water District 101 103 4%s June 1 1939-1948 96 5s School May 1 1945 4 Ms 1939-1958 J&D 105 to 95 Gen fund 4%s 1941-66 J&D Montgomery— 95 5s funding 1939-1966--J&J 93 4%s Sanitary Sewer Jan 1*44 104.28 6 1.00 1.00 3 Ms Jan 1 1939-1960 Los Ang Co 4%s '39 *49. 102 Ref 4% serial. _• Mobile Co— 106.21 Ask 0.90 4s 40 106 Mobile 104.4 106.16 5%s Nov 1939-1960--M&N 5s 1939-1964 F&A 1939-1945 J&D 4s 1946-1961 ...J&D 2.90 99 1938-1962 Bid Bonds Los Angeles City High Sch Dis 3.25 to 3.75 to 3.80 b 2.25 4%s Ot House 1939-43 M&N 4%s Ref 1939-1961—A&O b 2.00 City— 68 Refunding 2-5s Jan. 1 1966- 109.25 109.25 108.20 108.22 109.23 . — 107.30 104.2 b To or Net Jefferson County— 108.15 3s June 15 1946-1948.-J&D 3s Sept 15 1951-1955. .M&S b To Ask 2.00 1939-1960 A&O 5s sewers Sept 20 1941 M&S b 3.10 37 Florence refunding 1% to 4%_ 104 Gadsden 6% impt long mat—_ 100 5s schools 1939-1940 -A&O 98 Hunstville 5s funding Mar 1 42 113.5 106.10 A&O 4s 1942-1961 4%s 114.16 113.2 Bid Bonds Net UNITED STATES—See also pa ge 19. Treasury Bonds— 4%s Oct 15 1947-1952.A&0 118.22 118.25 4s Dec 15 1944-1954 Yied tiasu Yield Basis County— (Co)— 1948-.-J&J 4s 1939-1952 F&A b 0.50 ♦4Ms School 1939-52-F&A b 0.50 4s Munic Bldg n Nominal. -4- to 2.00 to 2.00 STATE 92 MUNICIPAL AND Quotations for all securities are as near as possible for the closing Yield Basis Yield Basis Bonds Continued— 4Mb Water Aug 1941—F&A 4MB 1939-1969 F&A New Ask Net 0.50 0.50 0.50 ♦4%s Sch Aug *39-'43-F&A ♦4s Park 1939-1943—F&A A&O *4%s 1943-1952 to 1.50 to 1.50 1.00 to 1.90 0.75 Certificates of deposit.-- to 1.90 b 2.75 to 3.20 b 0.75 to Certificates of deposit.. 3~30 b 0.40 to b 2.25 to 3.30 b 0.50 to 3.30 b 1.00 Extl 8 Extl 8 7 8 ser.A&O Certificates of deposit— Extl s f 7s 1957 3d ser. A&O to 2.00 f 7s 1957 2d s 7 S f extl loan 4s to 2.80 80 81 Bavaria (Ger'y) 6Ms Bavarian Palatinate 7s 1945-. 16 2.60 to 3.20 Belg Govt extl 6 Ma 1949 M&S External s f 6s 1955 J&J 106 0.50 to 1.80 1.00 J&J J&J 0.75 to 2.20 DELAWARE 2Mb April 1 1939-1947.. 0.50 23 23 17 20 M 103% 25 25 22 Ext 1.80 0.25 16 13 30 23% 30 26 15% 16 135-8 14% 14% 14% Extls f 6%s (1927) '57.A&O 5s of 1895 5s of 1913 to 1.85 0.75 to 2.65 0.50 to 2.45 1.90 to 2.25 0.25 Wilmington— 4%sBldg—Con'53-'62 M&S 4Mb 1938-1958 (s-a)..A&0 to 2.25 to 2.00 14 M 8 15 5s 1947-1949 4s 1938-1941 A&O 1.60 8 8 8 7 7 7 19M 33 11 to 1.70 A&O 0.2.5 to 4s 1942-1948 A&O 1.10 ... to 1.65 1.10 4%sofl883 4^s of 1888 50 55 Columbia Co Road 6s 1955.. 112 115 49 105 51 Coral 4s of 1889 Funding 5s 1931-1951 Funding scrip Gables— New refunding 2 %-5s 1977Dade Co 5s Oct 1947-54.A&O Ref 3%s 1940-1947 M&S 99% Dade County (School No 2}— Refunding 4s 1939-67.M&S Bremen (State) 7s 1935—M&S/ 6s 1940 Brisbane Australia— 108 102 M 30-yr 98 20-year to 3.90 % 112 to 4.25 Refunding 2.60s Jan 1 . > Extl 103 98 75 107 to 3.25 to 4.15 s 80 - 65 46 60% 41 100 ~ 90 _. to 2.50 _ _ _ Cali(Colombia)s f 7s '47.M&N Oallao (Peru) 7 Mb 1944.-J&J Carlsbad (City) s f 8s *54.J&J Cauca Val (Dept of) Colombia 7%sl946 A&O to 4.40 to 4.25 85 3.70 4.10 110 to 3.50 % 69 54 57 102 104 103 6s series B 1951 A&O Chilean Cons Municipal LoanEx tl s f 7s 1960 ser A.-M&S Chill (Rep) ext 7s 1942.M&N 105 Petersburg— 7% assented 62 Extl 4.10 % Extl s Extl s Tampa— 5s June 1955 opt '25-—J&J 98 5s W W Purch ,38-,72.F&A b 2.75 98 100 to 4.50 101 95 9% 9 13 34% 29% 3% 35 31% 25 29% 30% 26 27 26 30 15% 18% IS* 16 18% 19 18% 18% 18% 19 f 6s 1960 J&J M&S 1963—-M&N 6% assented f 6s July to Dec. 1937--Jan-June 1938 Scrip Dawes Tax free in Connecticut, 19 18 70 59% 65 m >fi\* ff if* 40 25 25 25 25 25 26 25% 24 6% Dec 1934 stpd Apr. 15*35 to Apr. 15'38. Young coupons Dec 1*34 stp 10 June 1 '35 to June 1 '37— 12 German Prov & Comm Bks (Con Agr Loan)6%s'58 J&D / 27% Graz(Mun)Austria 8s'54M&N / 20 Gt Brit & Ireland—See British Greek Govt s f 7s 1964--M&N / 28% 7s part paid 1964 M&N 27% Sink fund 6s 1968 F&A 26% 6s part paid 1968.-.F&A 24 Guatemala 8s 1948 M&N 20 coups 15* . Haiti (Rep) 6s extl 1952-A&0 6s 1953. A&O b Basis. / Flat price, t Last sale, n 61 75 70 62 22 22 24 100% — 80% 21 114% 101 32% 22% 21% 24% 22% "32" 27 27 27 27 27 27 29 28% 27 6% 8 16 10) 12) 28 31% 30 28 25% 26 84% 67 Hamburg (State of) Germany 20% 20% 96 17 52 Nominal. 20% 25 21% 95 Heidelberg (Germ) 7%s'50J&J 48 t Called Sept. 1 at par. 59% 59% 59% . 19 100 of 65 65 Hellenic Republic (Greek) Sec Wat Wks ext 8s 1952-.- / s 98% 41% 105% 101% 58% 58% 58% 58% / / / / / / / / / Helsingfors (City) Finland— Extl s f 6%s 1960 A&O * Bank 1st series 1957 F&A / 6%s 2nd series 1949—-F&A / Havana—1st 6s 1939 Q-J 2d 6s Q-J 19 16 104% 101% 99% 6s 19 18% 18% 36 Gold 6s 1946 A&O / 20% Hanover (City) Germany 7s'39 / 23% Hanover (Prov) Germany— 18 A&O f 6s Feb 1961--.F&A f 6s Sept. 1961 —M&S Extl Ry ref 6s 1961 Extl sf 6s 1962 Extl 98 46 % s 14 10% 12% 11% 2 Farm loan 6s I960—A&015 6s A int ctfs 1938—A&015 Central Bank of Germany— 6s A 1952 F&A 10% 29% 9 Cent Agricul Bank (Germany) Farm loan 7s 1950—M&S15 / Farm loan 6s I960—.J&J15 105 108 34 36 25 deposit...;/ 100% 98% 1969 Jan to June 1934.. July to Dec 1934 Jan to June 1935 July to Dec 1935 Jan to June 1936 July to Dec. 1936 Jan to June 1937 "6% Extl sec 7s 1948 J&D / Certificates of deposit... Ceara (Brazil) 8s 1947--.J&D 102 75 1969 7s unstamped 1949 Default coups July-Dec'33- 6 10% ser ser 5%s unstamped 1965 Stpd (Canadian holder)'65 German Extl 7s '49 stamp A&O 15% - Certificates of 102 Refunding 3-5s Oct 11972 60 Suwanee Co Road 5Mb 1946— b 4.25 Refunding 2-5s 44 Sec s f 7s 1967 —J&J 33% Stabil loan 7 Mb 1968.M&N / 34% Caldas—Ext s f 7 M s 1946 .J&J 10% Certifi cates of d eposit 9 80 Dortmund Munic 6s 1948— / 21% Dresden (Ger) ext 7s '45 M&N / 20% Duesseldorf 7s to 1945 / 20 Duisburg 7s to 1945 / 20 El Salvador (Rep)—8sA'48 J& Certificates of deposit 22% Estonia (Rep of) 7s, 1967 J&J 95% Finland (Repub) 6s '45.M&S 105% Internal 4s 1939 100% Frankfurt-on-Main (Germ)— 7s 1938 A&O / 28 7s 1940 A&O / 22 7s 1941-1945A&O f 21 Extl s f 6%s 1953 M&N / 20 French Government— 7s ext of 1949 stamped-J&D 110% 7s plain 1949. 100% 7%s ext 1941 stamped J&D 106% 7 %s plain 1941 100% German Conversion Offer— Funding 3s 1946 32% German Cons Munic 7s*47 F&A / 20% Cons munic 6s 1947--J&D 20% German Govt Internal— 5%s loan of 1965 J&D Bulgaria (Kingdom)— 3.25 4Mb Tmpt 1937 J&J Ref 4% bonds dated 1937— WestiPalm Beach— 72 100 to 4.35 5%s & 68 imp 1937 F&A fit Johns Co Road 5s 1946... Road 5Ms 1944 M&S 63 61% 105 to 4.35 J&J 60% 64% 59 f 4s $ bonds 1984-J&J 49" " 60 . Pinellas Co ref highway 92 Polk County 5s July 1 1939-40 b 2.75 St Augustine 5-4s stam'd 1955 65 St to 2.65 M&S " 1958 14 75 b 4.00 Pensacola 4Mb ref 1941—J&J 5s ' 72 b 3.80 (City of) 5s - 7%s stamped 1947 6%s stamped 1961 Scrip Readjust 4%-4%s '77.M&S Ref s f 4%-4%s '76.--F&A Extl re-adj4*%-4%s '76A&O Ext re-adi 4%-4%s*75M&N j b 3.80 J&J b 4.30 M&S b 4.15 6s 1940-1950 - 111%' 90 _Ref 4Mb non-opt 1947-56.- b 3.75 New Smyrna— Ref 3-4%-6s Jan 1 1964—. 82 Orlando— „ 101% 14 70 89 Refunding 5s Jan 1 1964— Miami Beach— 5%s 1939 M&N b 3.00 5%s 1940-1950 M&N b 3.00 Palm Beach 100 M 110 , / 65 / 71 1952-1953 5 Mb 1945 1950 113 12% 13 70 , 102 6s stamped 1961 Leon County 5s July 1 1939-40 b 2.50 5s July 1 1941-55b 3.25 Marion Co Road 6s Feb 1 '52. 101 5s 100% 99% 7s stamped 1952 to 3.00 Refunding 4s 1939-62.F&A Orange County 5s 1944--J&J 19 103 to 2.70 Road bonds 5s July 1 1952— Miami— 10 20% 103 1.75 Water & Light 5%s 1940-50 10 101 2.00 1957 b 2.85 Lakeland 6s 10 106 75 Jacksonvilie— , 11 101 Hillsborough Co 5s Oct 1 1943 Hillsborough Sch Dist No 4— 15 1939-45--J&J 15 5%s Jan 15 1940-45-J&J 15 11 19 ' 9% 8 „ 11 112 Victory 4s due 1975 Hungarian Bk 7 Ma 1962. Bud'pest(City)6sJ'n'3ocoup'62 Buenos Aires (Prov)6s'61 5 Mb of '26 ext 1st 5%8 of '26 ext 2d 101% s Brit to 3.50 4% 4% 4% 7% 17 F&A f 6s 1950 J&D British 4s 1990 opt '60—M&N War Loan 3 Mb of 1932 117 30 17 99% 1957—M&S s S f 5s 1958 95 Duval Co Road 5s 1955--A&O 114 Duval Co School District No. 1 5s 1938-1955.-. A&O b 2.00 Escambia Co 6s Aug 15 1951 101 Gainesville 5%s July 1939-40 6 2.75 5%s July 1941-1975 1 b 3.50 5s Jan / / / / / / f 4s of 1900 4s of 1910 FLORIDA Brevard County School Tax Districts No. 4 6s 1938-55.. / "60% f 8s 1952 ser B„ A&O Cons Municipal Loan 12% Brazil 8% ex 1941 J&D 7s Cent Ry elec 1952.-J&D Extlsf 6 %s (1926) '57.A&O to 2.25 2.00 a 11% \hH 104% 71% Republic— f 8s 1951 ser A—A&O - 21 24 102% 102% 71% 9% 5%s 1955 M&N 5s 1953 F&A Danzig Port & Wat Ways Bd Extl sf 6%s 1952 J&J Denmark ext 6s 1942 J&J Ext'l 5%s 1955 F&A Trust rets 4%s 1962 A&O 15 Denmark Mtge Bk—See Mtge Deutsche Bank (see Ind Bds) Dominican Rep 5%s '42-M&S 2d Series 5%s Cust Adm 1940-A&O 2nd ser 5%s 1940—A&O Customs Administrations— 5%s of '22 ext 1961 2d series 1961 — to2.00 2.00 — s Ext 106% 103% * 2%s April 1 1948-1957 2%s April 1 1958-1966 Kent Co 4%s 1945-1950.M&S New Castle Co— 6Mb 1939-1944... J&J Sussex Co 5s 1939-1970—-J&J 4Mb 1938-1953 A&O 18 Czechoslovak 19 100% 21% . 18 104 59% ' Extlsf 6%s 1959 M&N Certificates of deposit 20 7s Oct 1947 --A&O / 24 Certificates of deposit 23M Bolivia (Rep) Ext 8s '47 M&N 4M Extl 7s 1958 -J&J 4M Extl sf 7s 1969 M&S 4M 6s 1940 A&O 6 to 1.80 \l" 99 5%s 1937 J&J 4%s June 30 1977 J&D Cundinamarca Dep (Colombia) 111% 111 -J&D Bogota (City) extl 8s *45.A&O Certificates of deposit... Extl sf 6^s 1947 A&O Bogota (Mtge Bk) 7s Mav '47 Certificates of deposit to 1.35 1.35 19% 16% 16% 16% 101% 5s 1949 Bergen, Nor Ex.sf 5s '60M&S *100% Berlin 6%s 1950 205*6 A&O 6s June 15 1958 20 J&D 2.75 90 M&N Danish Extl sf 7s 1955. 2.20 to 69 83 Serial to 2.60 to 1.80 li* 60 J&J 21% to 3.10 to /:::: 5%sPubWksJune30'45J&D 0.60 0.50 9954 9754 (Republic)— 20% '45.F&A 30"" 23% 99% 96% f 78 1951 35 0.90 0.40 sec s 102 *4 Mb Water 1939-64 J&J 6e Water 1939-1951...M&N 5s Water 1952-1971.M&N15 West Hartf'd 4Mb 1943._J&D 4Mb Mar 15 1939-48.M&S W HavUSD*4%s'39-'56 M&N Westport 4Mb July 1 1939-60 Weston (T) 4%s '38-'45-M&N Windam (Township)— s f 7s 1942 Rica 31 A&O 30 38 / 66% Funding 5s 1951 105% Barrauquilla 8s 1935-40-46-48 30 30 M&N F&A 26 24% Cuban 5s 1944 opt 1911—M&S Extl g 4%s *49 opt F&A Extl g 5s 1949 F&A Extlsf 5%s '53 J&J 15 to 2.75 7s 1948 15% / 38% Costa Rica Pac Ry 7%s 1949 105 J&J J&J Bank of Colombia 7s *47- A&O to 3.00 Extl Ext 8* 104 M 101 Austrian Govt 7s 1957 Baden extl 8 f 7s 1951 to 1.40 „ 105 M&N Extl4%s 1956 to 2.80 Extl g 4%s 1953 Cordoba (City)— Extl s f 7s 1957 7s stamped 1957 7s stamped 1937 Costa conv Apr '72. A&O 2% Treasury notes 1948—Australia (Commonwealth)— Extl 5s July 15 1955-J&J15 Extl 5s 1957 M&S to 1.75 A&O 1946 Copenhagen 5s June 1 '52 J&D 90% 80% f 20) 18) 18) 18) Cordoba (Prov) Argentina— 89 % 80 s 38 17% Colombia Mtge Bk— 20-yrsf 6%s 1947 A&C Cei Jertificates of deposit Sink fd 7s (of 1926) *46 M&N Certificates of deposit Sink fd 7s (of 1927) '47 F&A Certificates of deposit ! 95M Extl to 2.90 1942-1952 6s Oct 1961 4s 11% 10% 96 Antwerp (City) extl 5s '58 J&D Argentine Repub— to 2.75 1 i* 13 36 20 Certificates of deposit 95 22 32 0.50 1939-1942 30 29 17 M&N / J&D " Hukuang Rys 5s £._J&D 15 2%-5s 1954. Cologne Germ'y 6%s'50-M&S Colombia Rep 6s 1961 —J&J 4%s '71-M&N S f extl loan 4s Feb '72-F&A to 2.90 1962 17 , Chinese Government— 30 8 7 Certificates of deposit. 8s1946 to 1.75 J&D 6 2.30 J&D 5 2.30 J&D 0.90 8 0.50 1.75 4s ~30~~ 10% 11% 10% 13% 10% 8% 9% 8% 9% - J&J 4Mb July 15 1939-66—.J&J 4Mb 1946-1953 —....J&J 4s 6s 6% notes 1931 6s stamped 1931 10 -, 8 9) s f 7s ser D 1945. J&J Certificates of deposit— Extl s f 7s 1957 1st ser. A&O Certificates of deposit.-- to 3.30 Waterbury— ♦3s 1939-1942 4s Water 1939-1965 8 / - J&D 6 0.50 ♦2%s 1950-1962 30 30 A&O Certificates of deposit 8 f 78 ser B 1945..J&J / Certificates of deposit.__ / s f 78 ser C 1945—- J&J f Certificates of deposit - - / Torrington— *5%s Fund 1939-*41 J&J 6 0.60 to 1.20 4Mb July 1 1939 J&J Watlingford (Town) 4Mb 1943, 1948. 1953 J&J 6 1.50 to 2.20 1950-1962 S f gu 6s 1961— 30 9% , Ask Mtge Bk 6%s *57 J&D31 / Sfgu _%sJne 30*61-J&D31 / 23% Extl to 3.20 •2Mb - Bid Chili 26 94 M 20 Extl 1939.A&0 1938-46 Bonds _ to3~66 4s or 24 — Antioquia Col (Dept of)— Extl s f 7s ser A 1945 J&J 2.70 50.50 He fun ding 23M 1947 J&J/ Certificates of deposit./ Akershus (Dept of) 4s ^63 M&S Anba.lt 7s to 1946 M&S 7s •Plamfleld (T)4 %s'39-'57A&0 5~0.75 Putnam (T) 4Mb '39-'46.A&0 6 0.75 •Eldgefield (T) 4Mb Jan 1 *43 Stamford (O) 4s 1942 M&N Stamford (T) 4Mb '39-'45 J&J 0.75 •4Mb Sch 1939-1965—M&N 6 0.75 4%s High Sch 1939-*59 J&D 6 0.50 4Mb / *6M 24% 26M 24 6s 1948 —A&O/ Certificates of deposit-- - / 7s 1946A&O f Certificates of deposit—/ 0.75 1.40 - •6s 1939-1961 J&J 4s 1956 J&J New London— 4%s Park July 1942--J&J 4Mb Water ref 1950—F&A Norwalk (C) 4s 1954-1964— ♦4Mb Sch March 1939-1953. *4Mb Improv't 1939 J&J 3ns 1938-1971 A&O 3%s 8ewer 1947-70. J&D15 5s 1938-1971 —A&O Norwalk (T) 4Mb 1942..J&D 4Mb Sewer 1940-68 M&S Norwich 4 Mb water 1939-M&S •4Mb 1938-1964 M&S15 to 3.00 Yield Basis • Ask Bid Bonds FOREIGN GOVERNMENTS AND CITIES Agricul Mtge Bk (Colombia) 6s 1947-F&A f 24% Britlan New Haven— ♦4s Apr 2, *40 tax-expt or To or Bid BONDS day of the month preceding the date of issue 104 "19% AND STATE ^ug., 1938] MUNICIPAL °T 14 19M 45 Italy (Kingd) extl 7s '51. J&D Prestito Redimibile 3Ms__ Extl 8s 1950 43 Irish Free State 6s 1960.M&N "76" Extl 7s 1956 Extl s f 6s of Sec Santa Fe Specified 29 30 Unspecified 27 M 28 M 4s 74 % -F&A 69 70 Extl s f 5Ms 1965 M&N Oriental Dev Co 6s'53_M&8 Orient Dev Co 5Ms'58M&N 47 Lima 59 6 Ms 1954 0000 — . 11M 13 102 % M&S iiH f 5Ms s IX 1% 1% s f 6s — 2% 10M 10M — 1 * • 1 — 1 COO IOO 99 M mm mm mm 3M-4-4M % extl readj s f 49 22 101 101 101M 1% Canada— 1939 1941. Jan 15 1944 8-yr 2 Ms 1943: notes 108 104M 104 V 103 % 103 V 102% 102 % 102% 103 X. 21 14-yr 25-yr 15-yr 20-yr 30-yr ' 20"" 22 102 M 29 M 99 "49" 35 12 9 7M T: 0% 38M 11 9% 9% 42 60 55 % 37 % 38 27 31 37 sx 7M igx 8M 8M 83 20 23 20 20% 104M 106 M 105 M 107M Rio de Janeiro 8s 1946—A&O Extlsf 6 Ms 1953 F&A Do Sul (State) 1946--A&O 7s extl s f 1966 -M&N Extl s f 7s 1967 J&D Extl s f 6s 1968——J&D Rome extl s f 6 Ms 1952.-A&O Roumania (Monopolies) Institute 7s 1959 F&A Brazil ext s f 8s Feb 1937 coupon 5M% ext loan Dec 1921— Certificates of deposit —. Saarbrucken (City) Germany Extl s f 6s 1953--—-J&J (Mtge Bk) 6s ser A 47 6s series B 1947 t Quotations per 100 iOX M&S A&O 20M 48 M 4s £ J&J July 1 1948 J&J Vancouver. B C 5M8 '39.A&O 5Ms 1952 F&A to 111 99 97 M 100 98 M 101M 100 M 110M 112 112 113M 104M 106 M 82 75M 75M 77) 77) 71 73 104 109 116 103 107 109 112 107 101 96 M 92 108M ~99~" 95 41M 1967—F&A 81 91 Verdun deb 5s 1954... Winnipeg, Man 5s 1944.. A&O 4Ms non-call 1944—M&N 4 Ms June 1 1946 J&D 4Mb June 15 1950-J&D15 4s Aug 1 1946 —F&A15 103 105 98 100 4 Ms 1942 and 101 102J 101V 102 % M&N F&A 103 % J&D M&S 98% 88 % J&J 99% 89% 98 M 103 % 96 93 90 93 6 1.25 to 1.90 6 2.50 to 2.10 6 3.60 .J&J J&D 30 1943— Atlanta—4Ms Jan 1 1940.J&J 5s Water 1939-1951 J&J 4 Ms 1939-1956 J&J Augusta—4 Ms Flood'42 M&N Bibb Co 4Mb 1948-49—M&N Clarke Co 5s 1939-1944—.J&J Columbus—5s 1939-1944. J&J Crisp Co— Hydro-elec 5s '39-'57.F&A Dougherty Co 5s '39-'48 M&S Athens—4 Ms June 103 M 103 M 104 to 4.00 108 M 109 110 105'M 106 V 111M 109 % 111M 109 % 112 % J&J Marietta 5s W W 1939—F&A Pulaski Co 5s 1939-1948-J&J Rome 4s Munbldg 1939. A&O Savannah—4Ms ref 1943-J&J 4M« Drainage 1944 F&A 4 Ms Refunding 1959 F&A Spalding Co—5s *39-'49--J&J Swainsboro 6s 1939-50 A&O 2.00 6 2.25 6 2.25 1.75 6 1.25 to 2.50 6 1.25 to 2.50 1.75 6 1.90 6 2.50 2.25 6 1.25 to 2.25 6 1.25 to 2.25 6 3.00 to 3.50 6 1.25 to 2.75 Macon— 107" M&N 97 94 91M GEORGIA 50 100 M 101V 101 % 95 22 99 J&J J&D 87 M 86 Road 5s 1949-1953 4s Pav & Sew 1939 1.25 6 1.50 6 1.50 1.25 6 2.25 to 3.00 6 1.50 1.25 6 2.00 1.80 1.80 6 2.75 2.50 6 1.25 to 3.00 6 4.00 to 5.00 Valdosta 5s 1939-1942-..-Jan 6 1.25 Ware Co 5s Road 1939-49 J&J 6 1.25 100 Watkins S D 6s 1938-50.M&N 113 6 2.00 to 3.00 Woodbury 6s 1939-1949.J&D 100 to 2.25 105 105 57 4Mb Jan 15, 1942...J&J 15 Deb 4 Ms 1956 .A&O 4Ms Jan 15.1957 J&J 4Ms July 16, 1958 J&J 4 Ms Apr 1, 1961 A&O IDAHO / 57 / 57 f 57 f 57 J&D f 57 1, 1967 Debenture 4s 1954 J&D Brit Col (Prov) 5s *48—J&J 15 5s Apr 25, 1954 A&O 25 4Ms 1939-1946 J&D 29 4 Ms 1947-1956 J&D 29 4 Ms s f deb Jan 23 *69 J&J23 Calgary 5s July 1,1945. J&J Edmonton (C) 5s *45&'50A&0 86) 83) 80 93 " 4 Ms June 82 J&J14 Appling County— J&D M&S f Cap Bldg 1939 J&J Impt 1938-47 opt '30 4 Ms Ref 1939 A&O 4 Ms ref 1940-1945 A&O 4 Ms Road 1939 opt 1927-J&J Boise City 4Ms 1951 J&J 4 Ms 4 Ms 54 M 99M 99M 1.00 % less 1.00 % less 1.00 £ less 1.50 b less 1.00 % less L00 97 ILLINOIS 94 M 4 Ms Serv 4 Ms Serv 95 68 Comp '39-'43_Aug 1 Comp '39-'43-Aug 1 4 Ms Serv Comp '39-'44_Aug 4s Highway 1939-1943 .May 68 1 A&O 103 1 1945-1954._M&S 4s Highway 1955-1958..M&N 3 Ms Emerg Rel '38-*47 Dec 15 3 Ms Emerg Ref *48-'54 Dec 15 Lachlne P Q 5s 1954 J&D Manitoba (Prov) 5s '44-J&D 2 103 0.40 0.40 0.40 0.35 to 1.40 to 1.45 to 1.40 to 1.30 Bloomington— 5s sf 1955 & 1960 A&O 68 4s Highway 102 Halifax N S 4s July. 1945 J&J 4s Elec L & P 1941 4 Ms May 1, 1945 M&N 4Mb Dec 15.1956—J&D 15 Montreal 5s Dec 1, 1945.J&D 5s s f Nov 1, 1956 M&N 4 Ms May, 1954 4Mb Jan. 1944 —J&J 4Mb 1940-1951 A&O 15 4 Ms June 1, 1971 J&D 4s May 1,1944 M&N 3 Ms refdg May. 1939.M&N Metrop Co 4 Ms '53,'54&'61 4 Ms May 1, 1965 M&N Harbor Commissioners— 5s Nov 1, 1969 M&N to 2.00 2.10 to 2.20 6 0.25 to 1.60 6 1.70 to 2.00 6 2.00 to 6 1.00 to 2.25 6 1.40 to 3s 1945-1948 6 2.25 to 3s 1957 opt 1939-1940 3s 1957 opt 1941-1942 3s 1956 opt 1945-1949 . 6 0.75 to 1.25 6 1.50 to 1.75 4MS Water 1939-1961 opt 1952 M&S Champaign County— 97 95 88 _ 5s 104 105 102 M 1Q1M 100 99 98 100 M Road 1939-1943—M&N 100 100M 5 f deb 5 J Ms 1950 M&N S f deb 5 Ms 1952."...;. J&J Debenture 5s 1960 J&J 4Ms 1955 M&S 4Ms 1960. A&O 4Ms non call 1958-M&N 15 4Mb 8 f Apr 15.1961 A&015 Sf deb 3 Ms 1948 A&O 2.90 2.90 3.05 939 4slf" 119M 0.50 6 1.25 102 103 M 4s 1945-1948 6 2.40 109M 111M 4s 1949-1950 6 2.70 110 112 108M 110 107 105 107 103 105 103 4 Ms 99 M 6 Basis. / Flat price. 2.20 to 2.70 to 2.80 to 1954 Board of Education— 3s 1957 opt 1939 6 1.50 3s 1957 opt 1941-1943 3s 1957 opt 1945-1947..... 6 2.60 105 98 102 2.25 4s 1940-1944 M&N 2.10 2.60 1940— 1945 3M8 1953 opt 1946 3 Ms 1955 opt 1951. 100M 3 Ms 1955 opt 4 Ms 1954 opt It Last sale, % 3.10 3 Ms 1951 opt 3 Ms 1952 opt New Brunswick— 1939 1.50 Chicago— 3s 1941-1944 110M Hamilton— gold rouble bond, equivalent to 77.4234 grams of pure gold. 126 118 112 to to 96 21 Refunding 5s 1943 A&O 5s May 1952 ...M&N in Alberta (Prov of)— Gold 5 Ms 1947 J&J t 60^ Gold 5 Ms 1952 A&O / 60M 58 M Gold 5s 1948 J&J 5s 1950 A&O 15 58 M Gold 5s 1959 A&O I 58 M • 5 Ms paid... Russian 6Ms June 18 1919... Certificates of deposit.— »,u?a 99 48 15-yr 4 Ms 1940 M&S Refunding 4 Ms 1944-A&0 5s Jan. 1951 75 «Ms 1959 6s 1933 Rio Grande M&N15 Toronto 6s 1939-1940 J&J 5s 1940-1950— J&J 5s 1950-1959 J&D 4MB 1939 A&O 4Mb 1940-1941 A&O 4 Ms 1942-1945 A&O 4Mb 1946-1961 A&O 1939-1945 Albany—5s 1945 — IM -,-A&2 104 103 103 91 . 35 1951—M&S 15 37 3 Ms 1951 M&N 3 Ms 1961 opt '56 J&J 3 Ms. 1949 A&O 4s 1952 A&O 4k I960A&O 5b Nov 15 1941 Porto Alegre (City) Queensland (State) 7s *41 A&O Ext g 6s Feb 15 1947 F&A15 Rhi ne-Maine-D anube See Industrial Bonds) M&S 15 1960 4 Ms ref 3s Jan 15 1967 Pernambuco (State of) Extl s f 7s 1947 Prussia 6 Ms 6s 1952 103 U0M 110M 94 CANADA — 102 M 106 _ f.VwT™8 1960— 117M to~I07 5s 1945 & 1946 var 20 107 Stamped —. t f 30 5% scrip Panama (National Bank)— 91 6 Ms series O & D6Ms *48-'49 91 6Ms series A & B 1946-47— Brazil— Sinking fund 8s 1961 —J&D 102 108 M 108 M 1943 4Mb Mar 70 6s 1936 100 % Oslo s f extl 4 Ms 1955---A&O 101M Panama (City) 6 M« 1952.— / 26 95 Panama (Rep)ext5Ms'53 J&D Extl s f 5s 1963.. M&N / 47 Coupons 1936-1937 105 96 21 7-yr 2Mb 1944 10-yr 2Ms 1945 20-yr 3s 1955 3s perpetual Govt Brazil 7s 1958 Brazil M&S Peru sec s f 7s 1959 M&S Nat Loan extl 6s 1960-J&D Extl s f 6s 1961 A&O Poland (Rep of) 6s 1940-A&O Stab'n 1 s f 7s 1947-A&0 15 Extl s f 8s 1950— J&J Dollar funding 3s 1956-A&O 114 116 117 to 5s 1940 & 1941 var (American Dollar Quotations) 100 % 1943 Parana (State) 103 113M 48 M 49 Board Oriental Devel—See Jap M&N (non-call)..J&D15 5s 1959 (non-call) M&N 4Mb July 2 1945 J&J2 5s 50 25 *52—M&N 1958.-F&A Warsaw (Land M Bk) 8s 1941 Westphalia (Prov Bk) 6s 1933 2 Ms Sf5Msl950 113M 123 to 5s 1950 & 1951 var 5s Jan 15 1970 M' 1984..J&J Vienna (O) extl 6s Warsaw (City) 7s Dominion of F&A / 20M External a f 6s 102 43 43 / Valparaiso 6s 1939 Venetian Prov Mtge Bank— S f 7s 1952 ser A A&O Is (lM-yr) A&O F&A 1944—F&A 4M» extl sk fd 1956..-M&S 4 Ms extl sk fd 1965—A&O Sk fd extl 4s 1963 F&A Norway Municipalities Bank Guar s f 5s 1970 J&D Nuremburg extl 6s 1952iF&A Oldenburg (Free State) 7s 1945 50" 45 M 45 1937-1979—M&S 4-4M-4M% extl readj s f bonds or 1937-78 F&A Wurtemberg 7s to 1945.M&N Yokohama extl 6s 1961.-J&D 100 43 New South Wales (Australia)5s extl s f 1957 F&A Extl s f 5s 1958 A&O 115M 121M 112M 99 40 tz* 47 M 57 *35 coupons.. *37 coupons.. 113 118 117 117 _J&D 3 Ms July 1 1944 5a 1941. 50% —— Met Wat Serv & Dr 91.22 F&A / 48M M&N / 47 M M&N / 47 M 1960 3 Ms extl re-adj 9 41% 47M 10M 86.62 -A&O '47-M&N f bondR of 62 % M A.M&N Munich Bank— Hossen 7s to 1945 1961 Extlsf 6s 1964 — Brazil Mtge Bank of Denmark— Exch s f 5s 1972 ser IX J&D Mtge Bank of Jugoslavia—Secured s f 7s 1957 A&O 111M 100 4s Nov 15 1957 — I 1% IX 62 H Extl 6Ms 1958 M&S Extl 6 Ms 1959 ser A.-M&S Montevideo (City) 7s '52. J&D 118* M&N M&N J&J 4 Ms 1955 tUnion of Soviet Soc Republics Gold 7s 1943 Extl 1% II Norway ext 6e 101M 1M (£20 pieces) £100 and £200 pieces Treas 6 % notes '23 ext to *33 £20 pieces £100 and £200 pieces— Milan (Italy) ext 6 Ms '52.A&0 5s funding 1956... Second 5s 1956 32 M 5s of 1912-1952 1M IX m Minas Geraes (State) / 28M J&J J&J J&D Quebec City— 5s S F (non-call) I960-M&N Saskatchewan (Province)— 40 M Uruguay 8s ext 1946 Extl 4s of 1910 3 Ms sf deb 1952 4 Ms 1961 4 Ms 1956 • 35 "79 M J&D J&D --- 1939-1944 1943-1960 Quebec (Province)— 8-yr 2 Ms 1944 15-yr 3s 1951. 3 Ms 1949 4 Ms 4 Ms Sllesian Landowners Astra— _ 4s of 1904-1954 4s assented 1954 9 28 M 28 Extl f 18 28M 27% Tolima (Dept of) 7s Mexico (Republic)— 5s extl loan of 1899 1945— 5s assented 1945... Nov '32-May Nov *35-May 25 25 25 6s Munic Imp '39-'50—J&J 5s July 1, 1939-1956 J&J 19% (Bank of the) 1st 6s 47 F&A Sydney (City) N S W— 25-yr s f 5 Ms 1955 ..F&A Tokyo (City of)— 10M V 13 gtd 4Mb Stamped assented - Net 30 117 109 M _ South Wales Mexican Irrigation a f M&N 1944 M&S 4Mb Jan 15,'39-'47-J&J 15 4Ms Jan '15 *48-*57-J&J 15 4 Ms 1939-1970 M&N 15 4s 1941 M&N 4s May 15,1939-43 .M&N 15 4s May 15.1944-57.M&N 15 4s May 15.1958-68.M&N 15 Hydro Elec Pow Com— 4Mb Jan 1. 1970—J&J 2 Ottawa City 5s '39 '45 J&J 13 X 8% f 6M8 1957-M&N 15 State Mtge Institution s 1945..—J&D / 1940—J&D / / 6s 1947 lerbs Croats & Slov (King of) Extl 8s 1962 M&N / Extl 7t 1962 ser B— M&N / Silesia (Prov) Poland— Extlsf 7s 1958 J&D f Metrop Water Serv—See New f 6s 1959 ser 15M 8M f 7s s Sink fund 6 Ms 12 V Certificates of deposit Mendoza (Prov) Argentina— 7Msextls f 1951 J&D Stamped s 1961------M&N 1952 M&N Saxon 28 Luneberg (City) 7s 1948.M&N / 21M Maranhao (State) Brazil— Ext s f 7s 1958 M&N / 10 Medellin (Munic) (Colombia) 7s extl Dec 1 1951 Certificates of deposit Extl illl Extl 12 mm 65 Sink fund 7s f 6Ms 1958—M&S / 10 Lower Aust (Ptov)7Hs'5QJ&D 25 s mm 62 60 Sao Paulo Brazil 8s (City) Peru— Extl extl (City) Arg Rep -A&° iantiago(City)Chile7s *49 J&J 22% mm 62 A&O Extl Jugoslavia—See Mtge Bank of Leipzig (City of) 7s 1947F&A / 21 1942-M&S Extlsf 7u 1948 51 % 47% 45X 50 X 44 7M 29 M 69 9% 8% S0% 70% 4a 1945 stamped-A&O Santander (Dept) Colombia 62 *43—M&815 J&J 4 Ms 9 8 1940-—-.--A&O 7s 1945 76 60 mm 10 8 -J&J ----M&S 1928.1968 J&J (Prov) 7s mm 5s 1959 Stamped 1942 Santa Fe Ital Orea Consortium for Pub wks ext 7s B'47 M&S Pub Util Credit s f 7s'52 J&J Japanese Government— 6Ms 1954 f 7s s mm 17 9 6s 1943 >76 M 13 M 12 Ontario (Prov) 6s 5 Ms 1946 Ask f 27 M&S 1960 Deb 4Mb Sept 15'52 M&S15 Deb 4 Ms 1960 M&N 15 22 1936-J&J 8% external loan 113 Deb 5s State of— San Paulo (Brazil) 18 North Vancouver 5s '60..J&J Nova Scotia (Prov)— 10 23 -- 8s ctfs of deposit 1948 Santa Oatharina (Brazil)— 8s 1947 F&A / TO or Bid Bonda Net 14 5 4s scrip 8s 1948 13 Mtg 7 Ms 1961 ser A..M&N / 12 M S f 7 Msf61 ser B ($ bds)M&N / 12 M Hungary (King) 7 Ms '44-F&A / 42 Ext at 4M% to 1979-F&A 40 M 12 deposit.. Certificates of 12M 11M Ask 13 M --J&J Salvador 7s 1957 Hessen. 5 f Bid Bonds Net Ask Foreign Govts, and Cities (Concl.i See Munich Bank Hungarian Cons Munic Loan • r g 7Hs 1945 J&J / Extl s f 7s Sept 1946--J&J f Hungarian Land Mtg Instit'n Held Basis To or To Bid of issue Yield Basis Yield Basis Bonds 93 BONDS possible for the closing day of the month preceding the date Quotations for all securities are as near as 1946 1944 n Nominal, % L 0.75 to 2.25 % to 2.75 &0 2.40 04 STATE AND MUNICIPAL Quotations for all securities are as near as possible for the closing To or Bid Chicago Park District— 3 Ms 1956 opt 1946. 4s If" opt 1939 1955 4s 1955 opt 1940-'44 4s 1955 opt 1945-'47 48 1955 opt 1948-'55 Sanitary District— 4s 1955 opt 1939 4s 1955 opt 1940-'44— 4s 1955 opt 1945-'47 4s 1955 opt 1948-'54 103 X Cook County— 4s 1956 opt 1939 4s 1956 opt 4s 1956 opt 4s 1956 opt Y. 25 to 2.65 6 2.80 to 2 90 % 6 3.00 — to 3.10 % 6 3.00 0.75 2.65 % 2.90 % to 3.10 % - 6 1.25 0.75 2.65 % 6 2.80 to 2 90 - 6 3.00 to 6 1.25 6 2.80 .......... 1940-'44 1945-'47 1948-'53 to % Bs 2.70 2.80 2.70 1.50 1.25 3s Sew & Park 1941—-J&J Jwensboro—5a Sewer.-J&D 1.25 1.00 3.65 3.50 M&N 6 1.00 to 5s to 2.75 % 6 1.25 6 2.80 to 2.65 % to 2 90 % 6 3.00 6 2.25 to 3.05 6 2.25 6 1.50 to 3.15 to 6 2.25 to A&O 6 2.00 to INDIANA J&J _ A&O 6 1.50 A&O 6 2.00 A&O 6 2.50 Fort Wayne School Dist— 5s Oct 1 1938-1943 6 1.50 Gary Sch City 4 Ms Oct 1943 4Mb 1938 to 1941 to 1942 to 1946 1947 to 1957 to Hammon (City)— 4s C H 1942-1956—.J&J30 6 2 50 Indianapolis-— 5*4s Track Elev *39-*47_J&J 6 1.50 4s Fire Dep J'ne 1 *41 _J&J 45*8 Sch Joe 15*40 J&D 15. 4*5,8 1939-1955 J&Jj& 1.50 to to 1 % 2.00 City Hall 1939 J&J Indianapolis S D— 4s Bldg Sept 1 1946...J&J f. 50 Caddo District Levee— 5s 1951 opt 1941 2.25 Fifth District Levee— 5s 1950 opt 1940 J&J 2.00 to 3.00 3Ms 3*us July 1 1941 6s Oct 20 1938-39 A&O 6 1.50 Bo Bend fr /A B 4MsWW '43.M&N 5Ms 1941 M&S tn BoutJ Bend School City- to 1.75 1939-1948.F&A.6 2.00 to 2.75 50 2.25 8 5s 1952 opt 1942 5s Oct 15, 1962 op 6 0.50 6 2.50 to 2.90 6 1.30 less to 1.00 to 3.25 6 0.75 to 1.30 6 0.75 to 1.25 less less 1 6 2.00 less 1 6 0.75 less less 1 6 0.75 to 1.90 4 Ms 4 Ms 4 Ms % Marshalltown Ind S D— Woodb'y Co Fund 2**s*42-*46 6 1.30 less 4s 2* Orleans to 1.90 less 1 to 2.20 Soldiers' Compensation Bonds 4 Ms, 1939-1952 J&J 6 0.40 4s. 1953-1954 J&J Kansas City 5s 1942 F&A 4 **s Wat & Light 1944.J&J 4 **s Imp July 18 *49—J&J to 1.90 — % &5 1.15 60 to 2.25 to 2.30 to 2.30 Leavenworth— 1939-1947.J&J 6 0.40 A&O to 2.10 Leavenworth Co 5s 1945 % i £ .80 lMs Pub Wks. 108 Levee 103 ' 103 M to 3.00 2.75 105 3Ms Junel 1944 to 3.40 to 3.40 1939-1968 J&D 2Ms Sept 1 1938-1956.M&S 2 **s 1938-1955 J&D Metropolitan District— 2Mb ser A 1939-58..M&S 2 Ms ser B 1939-62 J&J 2Mb Dec 15 1938-1960... to 2.90 . 1942.J&J 4s 1938-1947 tax-ex 102** 4s Oct 1 1946-1949 106 105 M 105M 3.65 % to 2.90 104 Ashland— 42*s S I *42, *47 & '52M&S Bowling Green—5s 1955-J&J Covington— 42*s Fdg 1938-48 F&A 42*8 1938-1950 A&O 4**s WW 1939-51 J&J 4s Fdg 1952 opt '42—F&A 4Mb School Jan 1 1939-69— Henderson County— 4Mb R&B Oct l'38-*56 A&O M&S 6 1.50 to 2.30 6 0.75 to 2.25 4s 1939-1940 tax-ex J&J 6 0.75 Augusta—4s Oct 15 1938-1955 6 0.75 4s Wat Wks Sept 1 1938-40 6 0.75 to 2.00 tax-ex.J&D 6 2.50 2.00 to 1.75 to 1.00 to 2.50 to 2.00 6 1.00 to 3.00 1 % 2.30 % 6 3.80 3.65 1948 J&D 6 2.35 2 Ms Water May 1 1953.__ Saco 4s April 1939 A&O 6*2.00* South Portland Sewer Dist— 4s 1938-1950... M&N 6 1.00 to 6 2.50 to Water ville 4 Ms 1940-50. 6 1.00 Ito Westbrook 4Ms 1938-48. to 3.10 to 2.30 6 0, to 2.30 6 0, to 2.40 % 6 0 to 2.40 to 1.25 % % to to 2.15 1.90 % 7%o 1.00 F&A M&S 3.25 J&J 6 1.70 to 2.70 % M&S 6 0. 75 M&N 6 0. 75 to 1.50 to 3.15 % % % to 2.60 % to 1.40 % 4s O H '39-*45 tax ex..A&O 6 0.75 6 0.75 to 2.50 to 1.00 2.25 1.50 3.25 3.25 New Bedford— 4s Sewer 1939-1941 to 2.40 6 0, .25 to 1.60 (tax M&N 6 1.00 J&D 60 .40 J&D 6 0 .30 A&O to 1 1.30 % to 1.50 % to 1.40 to 1.50 to 2.00 6*0 .40 to 2.15 4s July 1 1948-50 J&J 6 2 .50 Springfield— 4s 1939-44 (tax-ex)...F&A 6 0 .45 Waltham 3 Ms 1938-45.-F&A 6 0 .25 to 2.60 Salem 4s Jan 1 *39 '54 tax-ex. Somerville— 1938-1960 F&A 6 0 .25 lMs 1938-1947 F&A 60 .25 Warren Water District— 4 Ms 1939-1953 F&A 6 0.50 4s to 1.40 to 1.80 to 2.25 to 1.80 to 2.40 Wellesley (Town)— 1939-1946...M&S 6 0 .50 Winchester 4s 1939-1943 A&O 6 0 .50 Worcester_1_M8 Apr 1 *39-'46- 6 0 .25 4s Mar 1 See 5 Ms to 1.90 to 1.50 to 1.30 ForejgTjggjfcPWe 93 July 15 1941 J&J 15 3Ms Oct 15 1941 A&O 15 3.25 5 Ms Highway 1941 J&D 5s Highway 1940 ...J&D % 4M» Highway 1943 F&A 4 **s Highway Impt 1944 A&O 4s Highway Impt 1942..A&O % Ann Arbor— W W ref 4 Ms 1939-1948 J&J % 2.15 3 Ms 1944-1946 Battle Creek— % 4 Ms Sewer 1938-40—M&N Battle Creek S D— % % 4Ms 1939-1949 F&A 3.00 % 1, .00 Medford— 3 Ms 1938-1942 tax-ex.M&N 6 0, ,25 Needham— 4Ms 1939-'43 (tax-ex).A&O 6 0 .50 Water District— 4s Ref May 1, 1950..M&N 6 2.60 Old Town Water District— 4s July 1952-1958 J&J Portland Water District— City Hall 5s *39-'55_—F&A 6 1.00 % % 3.50 % 6 3.75 2.00 2.80 % % % % % % • ;r. 3.25 to 3 Ms 1940-1951 2s Improve'mt to 1.00 6 3.50 6 2.25 — to 3.00 6 0 to 1.50 exempt) Pittsfield— 4s Dec 15 1938-1944 % 2.30 % to Portland Bridge District— 3 Ms July 1, 1939-1947— . 103 % to 2.50 Portland— Pub Wks Nat Recovery 4s 1939-1963 J&J 6 1.00 /Flat price. 6 0.75 3.25 100 6 0, % % ....M&N 6 0, 90 2s Dec 1 1938-1955 Quincy 2Ms 1939-47 to 1.90 Funding to 3.00 A&O 6 1.70 (tax-ex)...M&N Maiden 4s '38-'44 (tax-ex) F&A 109M 4s Highw & Bdge '40-44 M&N 6 1.50 4s State Pier 1939-1942.-M&S 6 0.75 3 Ms 1938-1939 M&S 6 0.75 4s 6 0 A&O 6 0.30 4s 1940-51 to 3.30 6 3.50 6 3.50 Lexington— 6 Basis. 107 M to 3.50 3.25 to 3.00 Lynn— to 3.15 6 3.55 6 3.95 to 3.75 2.60 6 0 Lowell— 111 to 3.50 4s Sept 1, 1938-1953 M&S 6 0.75 4s Highw & Bdge '38-'39 M&N 6 0.75 4 Ms Kennebec 2.45 to 3.10 School 4Ms 1938-41...J&D 6 0, ,50 102 MAINE *38-'50 M&N High Sch Dist— 1938-1945 M&N ^25 (tax-ex) F&A 6 1, ,00 Holyoke— 4Ms 1939-50 108 106 Brewer 4 Ms 1939-1941 4s 1939-55 (tax-ex) Franklin (Town)— 4**s 1939-44 to 3.60 104 Bolfast 4 Ms Ref 2". 80 3Ms May 1 '45 (reg).M&N 3s Bridge 1941... Chelsea 4s 1958 Everett 4s 1941-1956 Fall River— 106 106 Bath 4s Ref 1941 to Cambridge— 103 M 104 Tensas Basin Levee District— ... 3.25 .. 2Mb Oct 1 1938-62._A& _ 98M 96M 1938-56. ..A&O 3.20 0". 40" Brockton— A&O Auburn— 3.30 Braintree—4s 1939-1941..J&J 6 0, 1.50 School District— 1.75 % 3.15 108M 0.85 Ref 4J*s 1939-48—F&A Wyandotte County— 4MB 1940-1945 J&J 6 0.85 to 1.70 % KENTUCKY Bridge Revenue Refunding— Project No 1 July 1 '50 J&J 102 X 103 Project No 2 July 1 '50 J&J 102 X 103 Project No 3 July 1 *50 J&J 102 X 103 Project No 9 July 1955 J&J 1022* 103 M Project No 8 July 1 1945 102 M 103 Project No 10 July 1 *50 J&J 102** 103 Project No. 11, 1952 102 1022* Project No 12.1947 102 1022* Project No 13 1953. 101** 102 Project No 14 1945. 100 103 to 3.10 103 102 H'way &Bdge '39-'54.A&0 Par 2.85 1075* 5s Mar 1953 opt 1943.M&S 5s 1965 Series D F&A 5s 7o 3.40 102 M Sedgwick Co 42*s 1940 Shawnee Co 42*8 1944 Topeka 4 Ms 1948.5Ms Jan 1 1941 —J&J Topeka S D 4Ms Mar 1 '39-'46 6 0.40 Wichita 4Mb 1939-46—_J&D 6 0.40 % to 1.65 % 0.50 6 0 2 Ms Red River A & B B District— to 1.60 to J&D J&J 3 Ms July 1 1945 3s April 1 1939-1957 to 3.50 J&J to 2.25 i 4s Tun & Sub'59 tax-ex.J&J 3 **s 1938-1951 M&S 6 3 Ms Junel 1943 J&D to 3.80 111 1957— 0.70 to 1.30 J&D 4s Tunnel & Sub 1948.J&D 4s Sub 1957 tax-ex A&O 4s Sub 1958 tax-ex J&J 108 Jan .00 1.15 4 5*s Sept 1 1981 M&S 4 **s Tim 1960 tax-ex. .A&O 105 109 5s 1950 Series B l.^O to 2.05 4**s Dec 1976. 106 5s _Septl5'38-'40 & 0.15 107H 109 6 3.40 A&O to 0.90 105 M District— 5s Oct 1952 3.30 % to 2.90 Pentchartrain District— 6s 1944 M&N 5s July 1968 J&J 3.40 .J&J 4s 1939-1945 (tax ex).M&N 6 0.50 Boston— to 3.50 J&D 6 1.25 to 3.2o 104 103 M 1939-1950 3.40 3.25 3.30 6 3.40 M&S 3s gold Water Jan 1 1941-J&.L--2 Ms Dec 1 1938-1947 J&D 6 0.15 2 Ms reg July 1 1939-67 ? 0.15 Plaquemine Parish E Bank— 1.80 to 109 M 1.70 1.00 to Beverley— Saline Co 4 **s 1945 1.70 . _ 1.00 108 109 M Shreveport— 5s Dec 1, 1938-1969—J&D 6 1.00 42*s W W & Sew '39-54J&J 6 1.00 4Ms May 2,1939-67.M&N2 6 1.00 McPherson 4 **s 1945 Reno Co 5s 1941 1.70 108 J&D 6 1.25 J&D 6 3.00 J&D 6 3.40 Water— 1939-1945 1945-1960 1961-1980 2.60 to 3.50 3 Ms Water 1942 3 Ms gold July 1944 6 1.25 6 3.00 gold 1939-45 gold 1945-60 gold 1961-80—- .40 £ °00 *2.25* "2" 15 % 107 X Orleans Parish Sch Board— 5s 1938-1944 J&D 6 1.00 5s 1945-1967 J&D 6 3.00 2.00 Board or Education— 4Mb 1939-1953 F&A 6 0.40 4**s 1938-1953. J&J 6 0.40 Sch Dist 42*s 1939-*54J&J 6 0.40 1071, 2.40 0~90 6 2.70 4s Water registd 1939-58.J&J 60 25 3 Ms 1956 ref (tax-exem)_J&J 108 107 J&J 105 J&J 105 *42*s 1939-1961 A&O 104 M *42*s Sept 1. 1938-'68.M&S 104 M 42*s Non-callable 1952 J&D 6 3.75 KANSAS 6 108 5s July 1940-1949 5s July 1950-1959 1 to 1.80 J&J 1944 4s Mar. 1 1942-1964—M&S Orleans District— to 2.40 less 104 M 106 3 Ms July 1 1953-1968 4s July 11940-1952 to 2.50 "" MASSACHUSETTS 6 0 25 4s 1938-52 (tax-exempt) -_Var 106 4s Pub Impt '52 opt '42.J&J 4s Pub Impt 1942 J&J to 2.00 1940 5s 1969 Levee— 4s Constitutional to 1.40 to J&J b T.bo" 108 M 4 Ms serial 4 Ms serial 4 Ms serial Sewer and 2* 6 2.00 110 to 3.10 107 M to 1.60 M&S 1.00 3.80 to 102 X 1939-1944 A&O 6 1.25 1945-1966 A&O 6 3.10 Public Belt Bridge Rev4s 1939-1945 A&O 6 3.00 4s 1946-1956 A&O 103 1 6 1.90 3.20 to to 2.30 Montgomery Co— 3.20 6 3.30 0.40 to 2.40 M&S 6 2.30 5s Water 1938-1987...A&O 4 Ms 1938-1987 A&O 102 105 A&O 15 F&A 15 2.00 2.25 2.35 4Ms 1939-1968 M&N 6 1.25 Washington Sub San Dist— 3 Ms Wat & Sewer '87.M&N 6 3.30 4 Ms Sewer g 1973 J&J 6 3.40 107M 105M 101 6 3.30 4 Ms 4 Ms to 1.20 6 2.00 5s City Hall 1939 M&N 6 0.75 Marshalltown— 4 Ms Water 1938-42.—A&O 6 0.75 4 Ms Water 1943-*44_ A&O 6 1.75 Sac Co 2 Ms May 1 1939-47— 6 0.75 Bioux City 6s '38-*45 .F&A15 6 1.00 6s Ref Aug 15 1940—F&A15 6 1.25 4**s Sewer 1939-47—M&N 6 1.00 2 Ms 1939-1956 J&J 6 0.75 Bioux City S D 5s 1941-J&J 6 1.25 106 104 ?60 2.10 6 2.00 99M 104M Lake Borgne Dist Levee— 5s Dec 1952 opt 1942—J&D New Orleans—Public Belt— 5s 1939-'44 opt 1939-J&J 1 6 0.75 6 1.00 Lyon Co 2 Ms May 1 1939-47- 98 ,_J&J J&J '52-A&O A&O 15 5s Jan 1954 opt 5s 1956-1970 to 1.00 J&J 6 1.00 4*£s W W 1939-42...J&D 6s Gen Oblig 1939-40—J&J Des Moines Ind S D— 4 **s Sept 1 1945 M&S 4**S 4s Sept 1 1945 M&S Fort Dodge 5s Fund *39 _A&0 Lee Co Prim Road 2**s-1948 to 3.25 105 M 5s 1972 Lafourche Basin Des Moines 5s 1939-*57 63.15 104** 5s Oct 15,1963 5s 1957-1967 IOWA 1938-1942 —J&D Cedar Rapids 4 Ms'49-'53M&N Clinton Co 2 Ms 1942. _M&N Davenport Indep Sch Dist— 45*s 1939-1940 M&N 4 Ms 1940-1941 .M&N 4Mb to 3.20 2.00 2.15 3Ms March 1945. ...M&H 3 Ms Refunding 1952...J&J 3 Ms Sewage Impt '80.A&O Cumber'd 4 Ms W W '41.A&O Hagerstown— to 3.35 ft 3.10 J&J 5s 1959-1969_— % 3 Ms Impt 1025* b 3.25 3.85s 1942-68. F&A 6 2.75 Atchafalaya Levee Dist— 5s Sept 1938-1972 M&S 6108 58 Dist ref & imp 1949 .M&S 104 Baton Rouge—5s '39-*54 M&S 6 1.25 Bossier Dist Levee 5s '54.A&0 106 % to 2.50 to 3.10 6103to 1.75 to 3.50 X to 2.10 4s 1956-1965 4s 1972-1975 b 2.00 to 2.30 2.25 ..J&D M&N 6 2.35 M&S 6 2.40 M&N 6 0.75 M&S 6 1.60 4s Regis'd stk 1946-57 M&N 1.70 4s 1938-1944 A&O 6 0.40 to 3.60 — Long Term BondsRefunding 3Ms 1942-'56-F&A 3.00 Ref 3 **s 1957-1960 F&A State Highway— 3.00 4 Ms series D & E 1944-555s series F Mar 15,1945-484 00 % 5s series K July 1,1947-49.. 2.00 3Ms series R 1941-60..J&J 1.90 32*s series Q 1941-60—J&J 4s ser S 1941-1957 J&J 2.40 32*s series 8 1958-1960-J&J 3.25 % State Pension 5s June 1,1948. 2.25 % Capital Bldg 4Ms Aug 15. '52 2.50 Charity Hospital at N O— to 1.80 to 1.60 to 2.40 4s Mar 1. 1961 4s School 1939 4s 1945-1971 to 2.75 loss to 1.80 to 1.75 6 0.50 4s Annex 1954 4s Parks 1955 to 1.60 5s series F Mar 15 1943.... b 2.60 b 2.25 4s Jan 1 1942-1956 3 Ms Jan 1 1957-1961 to 3.25 J&D 1939-1944 Elkhart 4 Ms WW *39-75 Evansville 4sref 1942 Fort Wayne— < 4.00 5s series A. B & O 1940-1943 b 2.00 5s series A Mar 1 1943 0.75 opt 1939.— opt 1940-'44 opt 1945-'47 opt 1948-'52 Granite City 4 Ms 1939-48 J&D Jackson Co 4 Ms 1939-46-J&J Lake Co 5s Road '39-'49_F&A River Forest S D No 90— 42*8 Water 3.50 Highway— State 4s 1956 4s 1956 4s 1956 4s 1956 to 1.10 to 1.10 to 2.60 1939-1961 4M« Mar 1, 1939-'55..M&S 4s Aug 1. 1951 F&A Short Term BondsRefunding 2Ms 1939-'41.F&A 6 0.75 to 0.70 A&O 6 0.50 5s Gen Imp 1943-45...M&S 6 1.60 5s Water 1961 A&O 5s registered 1946 M&S 2.00 % 6 1.50 1939-1948 Forest Preserve— Impt . F&A 15 6 0.60 Annapolis 4Mb W W *42.A&O 6 2.50 Baltimore— 1941-53. Paducah— 4Mb w w 1938-1970-A&O b 3.70 Warren Co—4Mb *39-*59 J&J b 4.20 Net 1 Ms ctfs of indebt— LOUISIANA 1939-1944 4Ms 2.20 3.05 % Evanston S D No 76— 4M" 25*8 ctfs of indebt, 1939-1951 A&O 6 0.30 6 0.60 1940-1952 June & Aug 15. 2.00 2.80 Elgin Sanitary Dist— 4M« June 1 2.75 J&J Sew** 1965 4s Jan 1 1970 3 Ms Ref 1943 Ask MARYLAND 2.75 F&A J&J 4s to to Bid 4Mb 2.70 Ref 1965 J&D b 2.80 4**s -Hn 1 1970 F&J b 2.85 4 **a aewer 1969 J&A b 2.85 4s Sewer 1947 F&A b 2.20 4s Lou W Co 1950-F&A b 2.30 % Bonds 4Mb Rd & Bdge '39-'40J&D15 6 0.30 1939 1942.. J&D15 6 0 30 4Ms 1939-1942. ...J&J 6 0.30 3s ctfs of indebt '39-'50--A&0 6 0.30 2.30 Hospital 1951—M&S 4 **s To or Net 2.75 tjouisville—-5s Sch 1962.-A&O b 2.85 b 2.40 4M« 104>* 0.75 6 Ask Bid Bonds Yield Basis To or Net Ask __ i. date of issue Yield Basis Yield Basis Bonds BONDS day of the month preceding th 1.00 less 1.00 1.00 less 1.00 less 1.25 less 1.25 1.10 less less less M M M ** M M M 6 1.25 to 2.25 6 2.00 to 2.15 % 6 1.25 to 2.00 6 1.50 to % % 2.50(% u Aug., 1938] STATE AND MUNICIPAL Quotations for ail securities are as near as possible for Yield Basis or To • Bay CUty— or £Vis w W te Nov . 1938-1951 _M&S 6 1.25 Bid to 3.20 1 1948-1952—-M&N 1948-1952JAJ Road 1938-1942 Is Road 1953-1957 J&D Is Building 1939-1941—J&J is State Bldg 1940-44—F&A Buchanan County— Ret 3a 1943-1956 —J&J Jackson County— t Vis 1 Via 4fes Sewer '46-'51-'56-A&0 b 3.10 Detroit— General 3 Vis callable (Long) 89 4s to 3.60 91 — Ask 1.80 61.70 6 0.35 1.90 to 1.25 b 1.25 to 2.20 N. J. non-callable.. Water4s b 4.40 b 3.60 1 less 1 less 1 ft 3.80 4Vis-. 4H* less b 3.70 ... less 1 4 Via 1939-1950 4Vis 1939-1950 4 Vis 1949 J&D 4 Via Road 1939-1952—J&J 4 Vis Court h'se *39-'52 J&J Joplin (School District)— 4 Vis 1943-1948 Refunding Water series D— 3 Vis Oct 1 1951-1961 b 3Vis Oct 1 1938-1950 b 3lis Oct 1 1948-1950—- b 4s July 1 1938-1947 b Street railway 4Ks 6 Refunding 3H* <57-'62 J&D b Refunding 4s '39-'5Q..J&D b General & Street Railway— 3 Vis Oct 1938-69 6 3.50 2.00 3.50 2.00 4.20 4.20 2.75 1 less to 3.50 1 to 3.50 less to 4.10 3lis Sept 1 1938-1940 M&S b 1.25 3s Sept 1 1941-1945—M&S b 2.00 Grand Rapids School Dist— 4 lis 1938-1943 M&S b 1.25 Highland Park— to 2.10 4lis April 151957 5 lis May 1 1941 4 lis School Nov 1 1954 Jackson 4 lis 1939-47—A&016 4 lis July 15 1955 Jackson Union S D— 4 lis 1938-1945 M&N Lank ising— 4 lis 1939-1946 J&D Muskegon 4 lis 1939-44. _J&J Muskegon 8 D 5s 1942—July Pontiac— Refund 4-4 lis 1964 opt 1937 4 lis School June 1 1955 Port Huron 4 lis 1942 Saginaw—4 lis 1938-49-F&A 4 lis Sewer 1939-51.—J&D Wayne County— Covert roads.... Voted bonds 4 lis Airport April 1 1948— less 6 3.50 — 1 less to 3.40 1 less to 4.00 to 4.50 to 4.60 to 4.50 .00 1 6 4.00 less 6 2.00 to 3.50 to 3.40 H 6 1.00 to 2.75 6 2.25 % to 2.25 6 1.50 less H 6 6 6 6 88 4.50 2.25 1.00 1.00 90 less 1 less ] to 3.00 to 3.00 6 1.50 to 2.50 6 1.50 to 2.50 6 3.10 less 1 MINNESOTA 8 lis July 151943— 4 lis Dec 1 1939 2K trunk h'way J&J 6 1.90 —J&D 6 1.00 *47-51.-M&N 6 2.10 less 1 less H less 1 6 1.50 less V 6 1.50 1.85sRuralCreditctfsl941 2s Rural Credit ctfs 1942 less > 6 1.00 to 2.60 Duluth— 4Hs 1939-1947 J&J 4 lis 1939-1942 —M&N 6 1.00 4s 1939-1946 -.—J&J 6 1.00 Duluth Ind School Dist— 6 lis 1939-1940 A&O 6 1.00 Hennepin County— 6s Bridge 1939-40—M&N 5 lis Bridge 1939-40—M&N 4 lis Sanitorium '39-*42 J&J 4 lis Hospital *39-'41.M&N Minneapolis— 1940.1943,1945.1946, 1947. *48. *49, '50.—J&D 4 lis Apr 1939-1952—A&O 4 lis 1939-1940 A&O 4s improvement 1942-J&D 4s 1944 ...A&O 3Hs 1939-1941 M&N 2.60s 1939-1966 .A&O 2 lis 1939-1947 .M&S 2 lie 1940-1967.M&S 2.30s 1939-1947 M&S 2.20s 1942-1959 -J&O 2s 1939-1946 A&O 1.90s Oct 1 1939-46...A&O Ramsey County— 2 lis 1939-1947 F&A 4 lis 1939-1950 F&A 4lis Rd & Bdge *39 -*44M&N 4lis Rd & Bdge *39-*43 J&D St Paul— Osschool July 1 1951 J&J 4lis W W 1939-42—A&O 5s School July 1 1951—J&J 5s Gen'l impt 1939 -62..J&J 4 lis Sewer July 1 *43.-J&J 4 lis 1939-1959J&J 4s 1939-1961 A&O 2.60s 1939-1957 J&D to 2.10 to 2.35 ■ 6 0.75 6 0.40 to 3.25 1.10 to 2.60 J&J 0.75 to 0.40 to 2.60 1950- 6— 4 .50 to 0.40 0.40 to 3.10 6 0.40 6 0.40 to to 6 0.50 to 2.35 6 1.00 6 0.50 to 2.75 6 2.00 to 2.50 6 0.50 to to 2.75 6 1.00 6 2.60 to 2.75 6 2.75 to 2.90 6 2.50 to to 3.00 6 0.50 2.60 6 0.75 L Bridgeton (City)— 4 Vis 1938-1958 1.25 to 6 3.00 6 0.75 6 2.75 _ 1.50 6 1.25 to 3.00 % to 2.50 1.00 to 4 Vis 1939-1953 M&N 6 0.50 McCook Fund 5s *38 43.F&A 6 1.00 North Platte Sch Dist— 4 Via 1939-1959— J&J 6 0.50 1942 J&D 4Via *39. *40. *42. '44.M&N Keene 4 Vis 1939-1942— -M&N less 1 6 0.75 to 2.70 6 0.75 to 3.00 6 0.50 to 3.10 less 1 Manchester— 4s 1939-1940 4 1941-1945 2.60 NEW M&S 1.25 3.00 to 3.00 to 2.50 to 3.25 % 1.25 2.85 2.35 2.80 6 0.50 to 2.80 % 1.75 J&J 4 Vis Flood 1938-53 A&O 6 1.25 Biloxl 5 Via 1939-1943—A&O 97 97 Callable bonds Non-callable bonds Greenville 5sfund *43-*50 F&A 6 2.75 Jackson— 1.50 5 Vis 1939-1954 A&O 1.50 4 Vis Jan 1 1939-1952—— 1.50 4 Via 1938-1952 —M&N 1.50 Jones Co 5s 1939-1942 M&N Meridian 5s Dec 1 1939—J&D 4Via School House 1941 J&J Mississippi Levee District— 5s May 2 1944 M&N 6 3.00 5a July 1 1953 J&J 6 3.50 Vlcksburg—• 5a Pub Imp 1938-48-—F&A 6 1.50 Yazoo-Miss Delta Levee Dist5a 1938-1954— M&N 6 1.50 4Via July 1949- 4Via Road 4a 1943-1947 4a Road 6 Basis, 1944-1948 A&O 6 0.35 M&S 6 1.25 M&S 6 1.20 -A&O'6 1.50 t Less 1 on bid side. % to 2. to 1. 1.90 1.00 1.00 M&S 6 1.00 M&S 6 2.00 1. to 1. to 1, to 2, JERSEY 0.60 4 Vis Series B July 1939— 4 Vis series O Jan 1940 4 Vis Series D July 1940- 4 Vis series to 3.50 - 0.80 0.80 - to 3.80 4s series H July 1942— 4s series I July 1943. to 3.80 — to 2.50 Highway Extension— 4 Vis C of *20 Jan '53 opt *38 4 Via D of *20 Jan '54 opt *39 4 Vis E of *20 July *54 opt '39 4 Vis F of *20 Jan *55 opt *40 4 Via A of '24 Jan '55 opt '40 4Vis B of '24 July '55 opt '40 4 Via C of *24 July *66 opt '41 4 Ha ser B of '30 July *39-'e7 3 Via ser C of '30 Nov *38-'69 to 3.00 „ 1.50 2.10 1.00 4 Vi sseries A of *27 July 1944 4s ser B of '27 July 1950-— Soldiers Bonus 5s July 1941— to 3 10 to 3.60 _ to 3.50 <2.00 Institutional Construction— to 0.70 3 Vi« ser A July 1939-1966— to 1.60 % 4He series B July 1939-67— to 1.65 % 4s series O April 1939-69— to 1.80 % jFlat price, 2Vjs series D May 1939-70n Nominal. I to 4.00 % 4.75 to 4.25 3.75 %to 98 b 0.75 115 81 to 3.10 % to 3.20 i 6 1.25 b 1.75 to 3.50 b 1.25 to 3.10 6 1.75 to b 1.50 b 1.75 to b 1.25 to b 1.00 to 2 90 b 1.00 to 3.30 5Via Water 1939-1963.M&S 98 6 1.00 3.60 3.60 to 4.00 1939-1942-J&J -F&A -M&S Hoboken—4V*s 1940---J&J 5s School 1939-1954—.J&J Hudson County— 4 Vis 1939-1978 M&N15 4s g Park 1954 & '59-M&N Hunterdon County— 4 Vis Road & bldg *39-*46J& J Irving ton 5s School 1963. J&D 4 Vis 1938-1959 J&D Jersey City— 5Vis 1942-1953 A&O 6s 1938-1969 A&O 4Vis School 1938-58...J&D 4Vis School 1945 J&J 4 Vis Water 1961 A&O i 2.50 % ho % 101 to 3.00 % 88 8* to 2.35 % 3.00 F&A Imp Mercer County— 3 Via Apr 111941 Middlesex (Borough)— 3 Vis 1939 to 1967- 4.75 100 b 2.00 b 2.25 to 3.10 b 2.00 to 3.50 97 100 b 1.25 to 4.25 1 % 100 to 3.65 3%0 b 1.25 —— 6 1.00 b 4.40 ---TffiO to 3.25 to 4.75 b 2.50 to 4.75 b 2.50 b 4.15 b 4.15 to 4.60 4.00 4:00 to 98 %to§7 to 4.10 4.10 85 to 3.65 % to 3.40 to 4.00 4.35 77 to 3.00 % 1.50 A&O J&J 6 3 00 to 4.00 % Middlesex County—■ 4Vis Road 1939-1944-F&A Imp 3s Nov 15 1938-1948.. 0.80 Monmouth County— 0.80 4 Vis Mar 15 '39-'50—M&S 1.00 4Vis Rd & bdg '38-51F&A15 1.00 Montclair 4Vis Sch 1941.A&O 1.15 4 Via High sch bldg '44. J&D 1.25 2 Vis May 16 1939-70-—— Vis series F Jan 1941 Vis series G July 1941 4 to 3.00 77 0.60 Vis series E July 1940 4 to 3.85 1.00 E Jan 1941 4 to 3.80 > Lodi—5s 1939-1947 J&J 83 Long Branch 5s 1943-..-M&N Lyndhurst 3-5s 1939-57—J&J 72 Maple wood (Township)— 4s 1939-1967 —-J&D15 6 1.25 to 1, 4 Via series O July 1939 4 Vis series D Jan 1940 100 6 2.00 ... to 1. Road Bonds— 99 . 1948-1950—-M&S 4Ha 1938 & 1939 to3~.I6 J&J MISSOURI 4Kb 1943-1946 I°IQ 1?25 3.00 % 5.00 5.00 J&D 6 3.00 4a Refunding 1949 F&A 98 4s July 1 1939-1953 6 2.50 Gen ref 3Vis *39-'54-F&A 6 3.00 3Vis. 1939-1956 J&D 6 3.00 KeansburgSJis 1939-59.M&N 6 95 to Kearney— 4 Vis Water 1939-70- J&D15 6 1.50 4 Vis Sch impt *39-'52-J&D 6 1.50 5Vis 1938-1970J&D 6 1.50 Bridge bonds— 3.00 % to 3.15 to I ? 2.00 to 4.00 b 6s 1939-1954 3s 1938-1966 MISSISSIPI 5 lis Impt 1939-1946 4 lis May 1 1939-50 4 Vis Impt 1953 to b 4Via 1939-1967... 4 Vis to 3.15 b Gloucester Co— 4 Vis Bldg&Rd '39-'45 J&D20 6 1.25 4 Via 1942 Concord— to 2.25 to 3.25 100 lo 4a July 1939-1948 0.80 J&J 4a Highway 1939-1943—M&S 0.80 4 Via Highway 1939-1943.J&D 6 0.90 less 1 to J&D b 2.00 _ NEW HAMPSHIRE 2.30 6 0.75 6 2.25 - 5 Vis 5s 1948 J&D Omaha SD 4 Vis May 1'55M&N York School District— to 2.30 3.50 to 3.50 to Camden— to 2.60 6 0.75 i* 4 Via 1938 to 1969—J&D 15 ho J&J to 4.00 fin - 1939-1955 to 4.20 b 1.00 to 2.50 0.50 to 2.30 6 0.75 4.50 4 Ha 1939-1946—-.. J&D 6 2.50 Bound Brook 4 Ha '39-'42 J&D b 2.00 to 3.00 4 Vis 90 Bogota— - 6 0.50 to to 2.10 „ 4 Vis Wat wks Dec 15 *41 J&J 4 Vis May 1 1956 M&N 2.25 to 2.20 98 1.00 1.00 1.00 2.85 Omaha— 2.30 56 84 to 4.10 % nAPfAn Lincoln School District-- to 1.75 70 5Vis Dec 1 1938-1942.J&D 5Vis Dec 15 1938-60-J&D15 5s Dec 15 1938-1955.J&D15 4 Vis 1939A&O Bloomfield— 3.10 to 3.05 Douglas County— 5s Highway 1938-46—A&O Holdrege S D 5s 1939-55. J&D 2.25 to 1.20 2.00 2.00 2.00 4Via 2 15 6 0.50 b Belleville 5s 1938 & '44.M&N Belleville S D 5s '38-*44 M&N to 2.70 Beatrice J D 5s 1939-54—F&A 6 1.00 2.60 to 2.60 to 1.75 6 0.75 4 Ha Bridge 1939-57-A&O 4 Vis School 1938-66—F&A „ to 2.90 NEBRASKA to to 1.40 55 81 M&S 100 Bavonne—5s 1939-1949-J&J 6 2.50 4 Ha 1938-1955 F&A b 2.50 2". 85 0.40 0.40 J&J J&J 1939-1950 1946 to 1.20 6s July 11939-1944 S D 4 Ha 1939-55 City— Via 1940-1950 1,00 to 1,20 Audubon (Boro)— 5 Vis Sewer 1939——J&J 4Vis Wat& Sew '3 5s 6 0.75 to 2.80 4Via Various May 9 39-72 4 Via Jan & July 1942-—J&J 4 Via 1939-1955 -—A&O 4Vis Airport 1938-54—A&O 4a Airport 1938-1971- M&S 3 Via 1939-1974 -J&J 3 Via 1939-1974 F&A 3 Via 1939-1955A&O 3s 1940-1957— -J&J 3s 1954-1975 M&S 2 Vis 1958-1975 J&J 2 Via 1956-1975——A&O Kansas City S D— 4s 1941-1951 J&J to 1.00 to , to 2.70 Great Falls— to 2.00 6t0.50 to 1.50 6t0.50 to 1.50 6t0.50 to 2.25 6f0.50 to 2.00 6 1.50 to 2.80 Net to 1.00 68 1938-1961 F&A 4 Vis Water '39 to '60-M&N to 2.40 4 Vis 1942-1969 J&J 4s 1945-1970 bridge series A—July 15 56 100 St Joseph 4Via i939-'45-M&S 6 0.60 to 2.25 Camden Co— 4Via 1939-1970— J&J Refunding 4 Via May 11951 0.95 St Joseph 8 D 4s 1940 4sl944-1968 St Louis 4Vis Public bldg & Cape May— 0.40 to 1.25 impt 1939-1943—3&J 4 Vis School 1939-1951.M&S 4 Vis 1940-1953 0.85 to 2.10 F&A Cape May Co— 5s 4 Vie 1938-1948 0.40 to 1.90 1939-1940 ..M&S M&N 4 Via 1941-1948 1.00 to 1.90 Delaware River Joint Com. M&N 4a 1939-1940 0.40 to 0.85 M&N Phila-Camden Bridge— 4 Vis 1938-1945— 4s 1941-1945 1.00 to 1.50 M&N M&S 4 Vis 1946-1973 4s 1946-1951 1.60 to 2.05 M&N M&S East Orange— 3 Via Public bldg & Impt 4 Vis 2.00 to 2.15 A&O 1939-1969— J&D 5s Sewer 1939-1960 0.85 to 2.10 3a 8chool 1940-54 F&A J&J 3 School 1938-1974 sfoo 3a Refunding 1952——A&O A&O Elizabeth— 2 Via Public bldg & impt 4 Vis 1939-1957 M&N 6 1.90 to 2.05 A&O 5Via Dec 1 1938-1946.J&D Springfield 4 Vis *39-*49—M&N 6 0.50 to 2.50 6s 1939-1972 J&J University City— 4 Vis 1939-1943 Englewood— —M&N 6 0.40 to 1.80 Sa 1939-1944 4 Via 1942-1949— A&O J&J15 6 1.60 to 2.10 Essex County— 4 Vis 1939-1960 MONTANA M&S 15 4s Hospital 1946 F&A Essex Fells (Boro)— Funding bonds— 4s opt *44, 1939-53 5s July 281939-1960 J&J 6 0.75 to 2.00 % Fairvlew—5s. 1944 J&J Highway debentures— 6 0.70 to 1.20 4 Vis Dec 31 1939-40 Glen Ridge— z° 6 0.40 to 0.70 4 Vis MunBldg 1938-70 F&A 4 Vis Dec 31 1938-39 Gloucester City— Daniels Oo 5 Vis 1939-42-J&J 6 3.00 to 3.40 4 Via 1939-1966 6s 1941 opt 1940 J&D J&J 1 less 0". 50 5a 1941 J&J 3 Via 1941-1951 -J&J 6 1.10 2 Vis 1945-1955—J&J 6 2 .00 St Charles County 3 Via toll to 2.60 63.50 6 2.00 to 2.70 6 0.50 0.60 0.40 0.60 0.60 Asbury Park (City)— Refunding 4s 1966 Atlantic City— 2H-4Hs Jan 1973 .75 Water 3-4Ha Jan 1973—— Atlantic County— to 2.20 4 Vis 4 Vis 3.00 6 0.50 6 0.50 Ask Emergency Relief— 3 Via Mar 1939 to 1942 3 Ha May 1939 to 1942 2 Vi Jan 1939 tp 1943—— b 0.50 Rd Aid 4*i*fer A Jan 1939-42 b 0.50 to 2.75 6 1.75 4 to 6 0.50 6 0.50 Kansas lesslli less 1 to 4.20 2.00 General 3s Oct 1 1959-62... b 4.10 Water 2 Vis Oct 1 1938-62.. b 1.50 Refunding 2lis 1951-63 J&) b 4.00 Refunding 3 1939-50 J&J b 3.00 Flint 4lis 1938-54...M&S 15 b 2.00 6s (Mar 1 & Apr 1) '39-'50— b 2.00 Flint Union School Dist—5s 1939-1954 ...M&S b 2.00 4lis Mar 11939 Grand Rapids— — J&J -J&J J&J15 4a 1939-1951 Bid 3 Via Jan 1939-1941 5s May 1939 to 1941—w— 4 Ha Nov 1938 to 1941 _ 5s Bonds to 1.10 to 0.70 To or to 2.00 6 0.25 6 0.50 Yield nasis To Net to 2.10 to 1.90 Bonds Dearborn— date of Issue Yield Basis II Net Ask Bid 95 BONDS the closing day of the month preceding the , Bonds 'W Morris County— 4 Via 1942 opt 1922 3Via 1939-1949 6 1.50 6 1.25 to 2.75 to 2.90 6 2.00 to 3 .35 6 2.00 to 3.35 1 .50 2 50 6 0.60 to 2.75 % J&D15 6 1.25 to 2.60 % 1.25 J&J Morrlstown— 0.50 0.50 0.65 0.80 4Vis 1938-1942 ,4s 1939 1969 Neptune 4Ha 1940-55 J&D 6 2.00 to 2.60 % M&N 6 2.00 to 3.50 75 F&A I Newark 0.80 0.80 1.00 0.60 0.40 0.60 0.60 0.60 0.60 to to 2.65 2.60 to 2.60 to 2.65 to 2.65 to 2.50 M&S 6 2.00 to 4.75 5VisOctl5'38to'59A&015 6 1.50 to 4.50 5s 1939-1958 6s 1939-1972 4 Via J&J 6 1.50 to 4.35 F&A 6 1.50 to 4.15 3%0 '45-J&D 4a Sch house 1959 opt 1949 100 48 Pas Val sew'61 op *51 J&D 100 4s 1939-1970—*J&D 6 2.00 % to 10 0 H 1938-1983 4 Vis School Dec 1 8 Vis Track elev 1954—F&A' 2Vis Jan 15 1039-76...J&J 61.75 -----3.80 to 3.80 % state and municipal bonds 96 Quotations for al securities are as near as possible for the closing day of the month preceding the date of issue Yield Basis To or Bonds Bid Ask 2.00 North Arlington (Borough) Refunding 4s North Bergen ref 4s-4Ms to 3.65 2.00 to 3.65 73 83 to — 81 79 Nutley (School District)-— F&A 4Mb 1939-1942 1943-1967 F&A 5Ms Nov 15 1938-39-M&N Ocean City—5s 1944 F&A 4Mb Impt May 15 1939-'56_ Ocean Co 4Mb 1939-'50-J&D Orange— 4mb Sewer 1938-1964-a&0 4 Ms 6 2.00 6 3.00 to 3.00 6 2.00 to 2.60 to 3.70 Eliminat'n of Grade Crossings 2mb Dec 8 1938-87 J&D 6 0.20 99 6 99 6 3.00 Unemployment Relief— 2Mb July 6 1939-1947—J&J 6 0.25 General State Improvement— 0.25 2Mb July 6 1939-1962.-J&J 1 Ms Sept 10 '38-46-M&S 10 0.15 Emerg Unemploym't Relief-0.15 2mb Sept 25 *38-'43—M&S 1.20 2Mb Sept 25 '44-'45- —M&S 1 Ms Sept 101944-1946 1.15 96 to to 4.20 _ 6 2.00 to 3.40 Passaic— 4Mb 1939-1940 M&S 6 2.50 to 3.00 5mb General Improvement 1938-1951 -J&D b 2.50 to 4.90 5s Impt 1939-1948 M&N b 2.50 4Mb Refunding 1944—M&n to 4.65 4>48 Water 1939-1970—J&J to 3 .60 Passaic County— 4 Ms 1939-1946 4 Ms 6*1.50 Albany County— 3.85 % ' _ -J&J J&D 1938-1968 1.25 1.25 to 2.85 to 3.60 Pater son— Bid' Bonds 3Ms Mar 15 1939—M&S 15 3Ms Mar 15 '40-'81-M&S 15 6 0.70 3 Ms Mar 15 1939—M&S 15 3 Ms Mar 15 '40-'81-M&S 15 6~d.70~ 3s g Canal Jan 1 1956 J&J 117 3s g Canal July 1 1958 J&J 117 3s g Canal Jan 1 1959-.-J&J 117 3s Canal 1957-1959 J&J 117 3s Mar 25 1939-1987 0.25 M&S to 3.60 2.00 I Yield Basis or Net New Brunswick' 4mb 1938-1957--—-f&A 4Mb Sch & wat '39- 69-J&d 4Mb 1938-1967 J&D „ —— M&N 0.30 0.30 0.25 2.35 119 to 119 Buffalo— 5 Ms 1944 ^ 5s 1939-1950 6 1.25 to 3.00 4Mb 1938-1967 4s June 151960 6 1.25 to 3.10 4s 1939-1958 6 1.25 to 1.75 6 1.25 to 3.10 Marine Terminal— _ 6 1.25 to to 2.60 2.85 3Ms 1940-1964 J&D Columbia County— 4Mb 1939-1959 —A&O Corning 5Ms 1939-1960--M&S Cortland Co 4Mb '39-'51-J&J _ A&O 4Mb 1938-1973 8outh Orange— 6 95 -J&J 6 1.25 M&S 6 1.25 J&D 6 1.00 J&D 6 1.00 4s 1939 to 1944 6s J&J 3.40s Nov 15 '38-'55--M&N 3.10s Oct 15 1938-46-A&0 2.60% Relief 1939-45--J&J 2mb Oct 15 1938-56—A&O 2.20s Jan 15 1939-47—J&J Sewer Authority— 4s 1940-1964 J&J 75 6 1.25 1939-1962 4MB 1939-1969 4Mb 1939-1968 to 88 to 2.50 to 3.85 to 3.00 to 3.10 to J&D 15 M&N A&O J&D 3.00 8ummit— to 2.25 4mb 4 Ms 4Mb 4Ms 4Ms 4Ms to 1.45 to 1.85 to 1.35 i 4 Ms 4Mb 4Mb 4Mb 4MB 4MB 4mb 4MB 4Mb 4Mb 4MB 4MB 4MB to 1.35 to 2.60 to 1.15 to 2.25 0.25 to 2.65 3.20 4s 0.50 to 3.00 to 2.80 0.75 to 2.65 0.50 to 2.90 0.60 to 3.30 0.40 J&D 4.35 to 2.40 b 2.40 to 2.70 Union Township Sch Dist— 4Mb 1939-1968 J&J 6 3.00 to 4.70 Ventnor City refunding 4-5 M* 87 92 Vineland (Boro)— 5Mb 1939-1950 —M&S 6 1.75 to 4.00 % Weehawken 3Ms 1941-51 A&O 6100 to 98 Westfield— 5s June 15 1939-1960-J&D 6 1.00 to 3.35 4Msl939-1966 A&O 6 1.00 to 3.00 West New York— 4Mb Oct 1 1938-1968—A&O 6 3.00 to 4.75 5s School 1939-1961.-M&N 6 3.00 to 5.00 West Orange Gen ref 3 Ms 1940-1959 A&O 6 2.50 to 3.35 6 3.00 6 3.00 99 98 6 2.75 100 99 100 to 3.00 103 101 6 3.00 2.50 6 2.40 to 2.75 112 J&J 6 3.75 A 6 3.80 117 0.50 to 2.70 2.75 to 3.25 0.75 to 3.00 0.75 0.25 to 3.00 to 2.25 No to 3.70 % J&J 6 1.00 Green burgh U S Sch Dist No 9 4.40s 1939-1965 J&D 1.00 Groton 6s Wat '39-'50—M&N 1.00 Harrison (T)— J&J 4Ms Canal 1964 J&J 4 Ms Canal 1965 J&J 4mb Highway 1965 M&S 4 Ms Barge Canal 1945 J&J 4Mb Bonus 1939 A&O 4mb Bonus 1940-1949 A&O 4s Canal Term 1942 J&J 4s Canal Term Jan 1946.-J&J 4s g High Imp Mar 1958.M&S 4s g High Imp Sept 1958.M&S 4s High Imp Mar I960M&S 4s Canal Imp July 1960—J&J 4s Canal Imp Jan 1961 J&J 4s Canal Imp July 1961.-J&J 4s Highw Imp Mar 1961 M&S Is Palisade Park 1961 M&S - 1mb Jan 15 1939-42—J&J 6 2.45 2.35 1.60 1.50 6 0.75 6 1.20 0.25 to 1.90 1.10 6 1.65 1.55 6 2.35 2.25 6 2.35 2.25 6 2.40 2.30 Mount Vernon— 4Mb 1939-1943 5Ms 1939-1941 A&O 4Mb School 1962-73—M&N 4s Sewerage 1950-55--M&N 2Mb 1938 to 1956 M&S 3s 1938 to 1946 M&S Nassau County— 5s 1939-1943. 2.45 to 2.70 to 1.75 3s 2.30 3s 1939-50 —F&A 3.40s July 1 1941-45—J&J 2Ms 1946-1956 2 Ms 1939-57 F&A 2.40s May 1 1939-48—M&N 4s due Jan 1 1966 6 2.40 4s Canal Imp Jan 1967—J&J 6 2.40 4s Highw Imp Mar *67—M&S 6 2.40 4s Palisades Park 1967.-M&S 6 2.40 2.35 2.35 4sBldg constr 1938-1939 M&S 6 0.20 2.35 2.35 2.35 to 0.50 4s Bldg constr '40-'49 to 1.85 to 2.15 July 1 1940-64 to 2.00 to 2.70 J&D 6 1.00 1939-1942 to 1.90 0.90 to 3.20 _ % 1939-1951 a&O Ref 1.90sl939-57 F&A 2.10s Feb 1 1939-1968 Ontario Co 4s '39-'51—M&N 4s to 1.10 to 3.25 101 0.50 Pelham (T) 1.00 1.00 to 1.50 2.00 0.75 to 4.00 0.75 to 1.30 0.75 to 3.25 to 2.30 0.75 to 2.25 0.75 to 2.75 0.75 to 1.50 to 2.35 to 2.00 3.20 to 3.75 3.00 to 3.50 1.00 to 3.25 1.00 to 2.75 to 2.25 2.20 to 2.70 to 3.10 t 0.50 to 2.30 M&S 4s School 1939-'59 > 0.50 to 2.30 J&J » 1.00 to 3.35 Gen & ref 4s 105 106 104 M 101M 98M May 1.1975— Gen & ref 3Ms Dec 1,1965Gen & ref 3 Ms May 1.1976 Gen & ref 3 Ms Aug 15 1977 George Washington Bridge4 Ms Ser B '40 to '53-M&N to 3.75 to 3.20 > Gen & ref 3s Dec 15 1976 to 4.00 to 1.90 1.00 0.75 to 2.35 Un Fr Sch Dist No 1 4.60s 1944-1966- 96 1.00 to 2.25 to 2.30 J&J 6 0.80 1939-1950 2*25 0.50 0.60 Ossining 4Mb 1939-42.-M&s 4Mb Water 1939-1969.a&0 Oswego—5 Ms 1939-46--M&N Oyster Bay Wat Dist— — to 1.50 L60 3.70s Port Jervis 4Ms '39-*69 Port of N Y Authority— to 2.50 2.30 2.30 0.40 Poughkeepsie 4 Ms '39-52 J&D to 2.50 to 1.00 t2.30 / Flat price. to to 2.60 6 2.40 M&S 6 0.75 A&O 6 0.75 to 3.40 1.00 2.30 4s Highw Imp Mar 1962 M&S 6 2.40 4s due Sept 1 1965-—--—- 6 2.40 15 1940-1955 to 3.60 1.00 2.30 2.30 6 2.40 6 2.40 J&J 6 2.40 4s Canal Jan 1962 to 3.60 M&S 0.75 J&D 0.75 J&J 6 2.50 6 2.40 4s 1939-19473 Mb 1944-1961— to 2.00 105 M 102 M 99 M 96 109 97 110. Inland Terminal— 4mb ser D '39-'41--M&S b 0.60 4 Ms ser D '42-'60—M&S 107 M Holland Tunnel— 4mb ser e '39-'41— .M&S 6 0.50 4mb ser e *42-'60—M&S 112 Putnam Co 4mb '39-'51-A&0 b 0.75 4s 1939-1954 to 1.70 109 M to 1.10 112 to 2.75 F&A 0.75 to 2.90 4Mb Highway 1939-58.F&a 5s '39-'62 1F&A 4Mb Pub Imp '39-'58-F&a 4Mb 1939-1959. M&S 4s Imp Sch &c *39-'47-J&J 2MB 1939-1957 M&S 1Mb 1939-1940 A&O 1.70s 1940-1948 F&A 0.80 to 2.70 Rensselaer County— Rochester 0.50 to 2.70 0.50 to 2.45 0.50 to 2.40 0.50 to 2.10 0.50 to 2.20 0.50 to 0.90 0.90 to 1.80 J&J to 1.00 6 1.75 to 3.20 to 3.20 6 1.50 to 2.90 6 1.75 6 2.60 to 2.60 6 1.00 to 3.00 6 1.00 to 2.65 to 3.10 v Rockland Co— 1939 (reg) —f&a 15 Rockville Centre (V)— 4.15sl939-1952 J&D Rome 5Ms 1939-1941 a&O Rye & Har'son Un Fr S D No 6 4.40s 1939-1953 f&a Saranac Lake 4.45s 1939.F&A Saratoga Co 5s l939-'40-F&A 4Mb 1938-1955 M&s 4s Sept 1 1945-1954—m&s 0.70 4Mb M&N A&O 6 2.40 4Mb 1939-1944 4Mb 1938-1939 to 1.80 to 2.40 1.20 1.00 1.00 to 2.75 1.35 to . A&O b 2.65 0.50 85 2.40 to 2.30 0.50 90 2.35 to 2.30 b 1.20 b 0.40 4Mb Water 1939 J&J Onondaga Co,4Mb *39-47A&O to 3.40 6 2.50 6 2.45 to 2.75 b 0.40 6 0.50 4MB 1947-72 to 3.60 J&J 0.50 Huntington (T) 4s *39-'52-J&J 1.00 Islip 4s 1939-1951 M&S 1.00 Ithaca—4mb Water 1942 J&J 4Mb 1940-1954 J&J 6 1.00 Jamestown— 4s Mar 20 1943 A&O 4Mb 1939-1940 A&015 1.00 Jamestown 8 D 5s *38-'39 J&D 0.75 Lackawanna 4 Ms *38-'54M&N 1.00 Long Beach 4s Jan 15 1939-— 99 MineoJa (V) 4.40s 1939-68 J&J Monroe Co 4s 1939-44—F&A 3.90s Co Bldg '39-'50._F&A b 2.65 105 to 2.30 to 3.85 to 3.40 Middle port 4.35s '39-'42. J&D 4.35s Sewer 1939 J&D b 1.20 to 3.30 Q7 2.40 to 3.20 104 to 2.00 85 to 2.50 6 1.25 2.70 80 to 1.65 2.90 0.75 0.50 1939-1965 to to 2.50 J&J 5Ms 1953 98 0.75 b 0.75 Oneida 4s Water MO-^—J&J 6s 1947 Beach acquisition.. 67 to 3.00 99 M 100 0.75 to 98 to 3.40 to 4.20 _ 4Mb 1939-1980 —F&A 6 1.00 Hempstead (T)4Ms'39-59 A&O 6 1.00 Hempstead 4Mb 1938-65 M&S 6 0.50 2.30s 1939-67 J&J,6 1.00 Hempstead Un F 8 D No 1— 1939-1954 M&S 6 1.00 Hornell 4Mb 1938-1947--F&A 0.50 Hudson Riv Regulating Dist— to99M 2.70 Hempstead S D No 7— 4MB 4s 1939-1951 Mamaroneck (T) 4 M s '39-64J&J Mamaroneck Un F 8 D No 1— 5Ms May 1 '39-'52—M&N 3.90b 1939 J&J 3.90s 1940-1964 J&J 95 0.75 North Tarrytown— 4 Ms Water 1939-64-A&O 2.50 3.40 62 5s Jan & Mar 1 1939-1945 6 0.25 5s Jan & Mar 1946-1970 6 1.70 4Mb Highway 1963 M&S 6 2.50 to 1.00 to 3.15 3.25 NEW YORE b Basis. b 0.50 to 3.20 4s 1940- 1962.-J&D 4Mb 1939-1950 J&J Middle Rio Grande Conser Dist 5Ms 1938-1973.-F&A Bocorro Co 5s 1941 op '21.A&0 4s Apr to 2.85 to 4Mb 1939-1965.- 2.00 2.00 100 Aibu 5s Water 4 Ms 1939-1950 6 0.75 6 0.60 4.70s 1939-1940—-J&J 5Ms Highway 1939-1940-J&J 4Ms Dec 10 1952 opt '22-J&D 4s Fund 1939 opt 1919--M&S 3Ms H'w'y deb r46-'47—M&N 3 Ms H'w'y deb '48-'49—M&N 3s Jan 1 & July 1 1949-1952— 2Mb H way deb 1944-45-M&8 2MB 1946-1951 J&D to 1.50 " NEW MEXICO 6s Highway 2Mb 1939-1953 J&D 2Mb Serial 1939-46—F&A Parkway Authority— 3M% Rev 1940- 53-A&0 3M% 8 f Rev 1968--A&0 to 3.20 Niagara Falls— 5Ma 1941-48 —M&N 4.15s Sewer 1965-70-M&N 4.10%Sewer 1939-50..J&J 4Mb Wat May 1 '41-48M&N 4 Ms Sew *39-'46 reg.M&N 3.95 Nov 1,1961-70- -M&N 3 Ms 1942-1945 M&N 2s Mar 1 1939-1949 Niagara Falls S D 4MB 1939-1960 F&a M&N Garden City 4 Ms 1939-52-J&J Green bur«b (T)— 104 M M&N 6 3.30 to 3.15 99 M 100 M to 1.85 4.40s 1939-1950 2.80s Gen Impt B June 1 1950-1965 104 104 103 M - Freeport— to 2.60 1 104 M 4.20s sewer 1946-60--M&N 4Mb 1939-1951 M&N .75 to to 3.20 103 - to 2.30 6 3.10 to 2.90 to 3.20 103 3s corp stock Jan 1 1977 J&J 3s Serial 1939-1968 J&J 6 1.00 to 1.50 to 1.85 103 M 4.20s 1938-1945——M&N 3.40 to 3.60 to 3.50 to 3.40 109 104 M 104 H to 2.35 6 0.25 120 H4M 113M 108M M&N Delaware Co 4.20s *39-'52A&0 0.40 Dutchess Co— 4s 1939-1946 M&S 0.40 4s 1947-1954 M&S 2.00 East Chester 4 Ms 1939-1958 F&A 61.00 4Mb Water 1938-45—A&O County 4Mb 1939-1959 J&D 4s 1945-1953 M&S 2.90 March 1, 1939-1947— Essex Co 4s 1939-1956-_-M&S Franklin Co 4Ms *39-*40-M&S % 118M 119M 109 1957-M&N 1950-53—— Erie to 108 M&N to 3.40 103 M 103 H to 2.50 Elmira— - 1956 3 Ms Corp stock July 1, '75 3 mb Aug 1 1939-78- F&a 3s Rap Trans 1947-51 .F&A to 2.60 _ City Hall 1939 Various to 2.30 to 4.10 . 4s 117M 1957——M&N 116M 125 Dec 1, 1979 J&D 124 120M Corp stock 1967—J&J 119M 122 M 121M Corp stk 1971--J&D 15 July 1, 1939 to 1955— b 0.75 to 3.30 119 Jan 1, 1977 J&J 118 Sch & Var '38-'39-J&D b 0.40 to 0.75 114 I960 M&S 113 114M Mar 1. 1962 M&S 113M 115 Mar 1. 1964 -M&S 114 116 April 1,1966-..--A&O 115 117M Apr 15,1972—A&015 116M 117M 118M Rap Tr & Wat '74 J&D NOV 3 Ms stock Apr 1,1954. a&O 3 Ms Corp stock Mar 1,1960 3 mb Corp stock Jan 15,1976 3 Ms reg Corporate stock to 3.35 2.00 117 119M 3 Ms g exempt 1954—M&N 3 Ms g Water ex 1954- M&N 3 mb exempt 1955 M&N to 2.70 2.00 118*1 3 Ms g exempt 1941 M&N b 1.80 b 2.00 3 Ms exempt 1942 M&N 3 Ms R T 1948-1950--M&N b 3.15 3Msg exempt 1952 M&N b 3.30 3 Ms g exempt 1953 M&N b 3.30 3.20 to 3.20 0.50 to 3.35 110 109 M 110M 48 May 1959 110M M&N 109 M 4s serial 1939-1963.—J&J b 0.40 to 3.35 % 107 M 109 3 Ms Corp stock July 1 *75— 3 Ms Corp stock 1939-54— 6 0.75 to 3.25 to 3.15 1.00 to 1.70 to 3.00 116 M&N 1957 4s Various May 4s Nov 1958 to 3.30 3.35 1963 May. to 2.85 118M 117M J&D M&S Feb 15, '41-'66.F&A15 b 1.65 117M Feb 15,1976—F&A15 Nov 15,1978—M&N15 118M Mar 1, 1981 M&S 119 4s Oct 1,1980... ..-a&O 113M 4s May. 1977 M&N 112M 107 H 4s Nov 1955 M&N 3.00 1.00 0.50 1965-.. to 2.70 4s Impt 1939-1955—-M&N 6 1.00 Tenafly 4mb 1939-1963.F&A 6 2.00 Union City 4 Ms 1938-'64.J&D 6*2.00 Union County— 4Mb Oct 15 1938-1952.—— 6 1.00 4Mb Rd&Bdge '39-'47 F&A 6 1.00 4s Oct 1 1942 A&O 4Ms to 1.00 to 1.25 June 0.40 to 2.35 Trenton— 5Ms 1939-1951 A&O 6 2.00 5s School 1939-1955—-A&O 6 1.50 4Mb 1939-1966 F&A 6 1.50 4 Ms 1939-1960 F&A 6 1.50 to 2.50 2MB 1938-1947— New York City— 0-40 4Mb School 1941 F&A 4mb Imp & sch '38-'60-J&D 6 1.00 Sussex Co 4mb *38-'44—M&S 6 1.00 1.60 to 3.40 M&N b 0.50 4Mb 1939-1963- • to 3.40 to 3.25 „ _ , 6 2.00 6 2.00 to 2.30 b 2.50 b 1.00 M&N M&N 4Mb 1945-1965 119 to 2.30 To Net Newburgh— 119 0.35 Ask 1.75 4s Wat Impt 1942-63—J&J 0.75 4mb Wat Impt 1939-41.J&J New Rochelle— 5s 1939-1950 M&N b 1.00 4Mb 1939-1944— M&N b 1.00 to 2.40 3^75 Rahway— Bid Bonds „ 4Mb 1939-1960 M&S 3 Mb Fund 1939-1941. M&N 2Mb refunding 1939-57-J&J Albany (City of)— 4M 1938-1969 or Ask 4M 1939-1970 0.35 to 2.60 J&D 5Ms 1938-1959 M&N 6 2.00 to 4.80 4s Munic & Sch ^-'eS.J&J 0.25 to 2.55 4Ms Feb 1 1945 F&A 0.35 to 2.55 3M 1939-1971 J&D 4Mb 1938-1967 A&O 6 "2.00 to ¥.20 % 0.25 to 1.70 2Mb 1938-1945 M&N Perth Amboy— 0.30 to 2.30 M&S 2MB 1939-1978— 90 4Ms April 1944—----0.25 to 2.10 2% 1938-1955 M&N 98 to 88 4Mb Water 1939-64—M&S2 Albany Port District— 5s Feb 1939-1977 99 to 92 F&A 4s 1938-1972 M&N 6 0.40 to 2.90 4 Ms refdg 1944 & '46- F&A 90 to 88 Binghamton—> Plainfield 4s School 1959 M&N 2.90 4Mb Oct 1 193*-71 var. 0.25 to 2.20 4 Ms 1939-1962 Various-J&J 6 1.25 to 3". 16 % 2s Mar 11989-1956 0.40 to 1.90 4Ms 1938-1953 J&D Ramsey 5s Water 1938-1940— Red Bank (Borough)— 4Ms 1938-1953 M&N Ridge wood 4 Ms 1939-62-M&N 5Ms 1939 J&J 4MB 1939-1968 M&N Sea Isle City 5s 1942——F&A Somerset County— 4Ms 1939-1949 J&D 4Mb 1939-1952 J&J South Jersey Port District— . Yield Basis b 0.75 to 2.90 b 0.70 to 1.20 b 1.00 to 3.20 b 0.75" to *1.50 b 0.50 to 2.70 b 2.00 to 2.60 800 possible for the closing day of the month preceding the date of Issue Quotations for all securities are as near as Scarsdale b 0.75 1939-45—J&D to 1.10 to 2.10 4Hs 1939-1950 Lincoln Co— 1.50 Mecklenburg Co— 6 0.40 J&D A&O 4a Oct 15 1938-1944-A&O 2Hs 1938-1955 A&O 1.80s 1938-1950 M&S Schenectady County— 4Ha 1942-1958 J&J to b 0.40 to 2.00 b 0.60 b 0.40 to 2.40 to 2.00 4 Ha b 0.40 to 2.30 5s Fund June b 0.40 b 4.75 4.50 b 2.50 to 4.80 M&S 1959.---J&J b 2.00 6 3.15 b 3.75 b 4.15 ^lunlc 4 Ha 1938-1957 A&O SH» 1939-1951 --F&A b 0.60 2 Ha High & ref 1939-57 M&S b 0.60 2.20s June 1 1939-1962 J&D b 0.50 Sullivan Co 4 Ha 39-'45-A&0 b 0.75 .--F&A '39-52_-J&J to 2.50 Syracuse— 5tfs 1938-1960 M&S 6 0.35 4 J4s 1939-1944 M&N b 0.60 4.20s Dec 15 '38-71 J&D15 b 0.50 5s Impt 4 Ha 1946-1950 3 Ha 1951-1956 4s 1.50 to 3.25 1.25 1.25 2.50 2.70 4s to 2.30 to 2.25 to 1.90 6 to 3.00 2.10 6 2.00 6 3.95 1.25 1.00 2.50 % 1.50 2.50 % 1.50 3.25 1.50 1.60 3.25 3.20 1.50 3.40 1.50 3.25 58 Sewer 1949 4 Ha 1938-1954 4 Ha 1939-1953. to 3.90 6 to 88 92 A&O 4 Ha 1938-1957 A&O Youngstown School Dist— 4 Hal 944-47 M&S 5s 1938-1944 M&S Zanesvllle—5s City Hall & 3.15 1.25 to 3.40 1.50 to 3.30 M&S 1.25 to 3.05 M&N 15 J&J 1948-56—J&J refunding 1956-68-—J&J 1.25 to 3.30 1.25 6 2.90 6 3.00 to 3.40 to 2.50 6 0.35 to 2.90 4 Ha 1939-1958 4 Ha 1939-1973 6 0.50 to 2.40 4s refunding M&S 6 0.50 to 2.40 3s 2.10% Aug 15 1946-1947—. 6 1.90 IHs 1939-48 F&A 6 0.30 lHa 1939-1946 M&S 6 0.50 to 1.70 1939-1957 2.20% 2s 1939-1956... 5s Sept 1938-1947 J&J 6 2.00 4s serial revenue 5s Farm L'n 1940-45&'50 J&J 5 Ha 1945 & 1948 ser O—J&J 4 Ha 4 Ha to 3.25 July 1951 & '55 Jan 1957 Fargo 4s Aug 15 1938-54 to 3.90 Grand to 3.25 to 4.00 4s J&J J&J Sewage Dis 1939-65-M&N to 1.25 6 0.50 to 3.00 6 0.40 to 3.00 4 Ha 1938-1947 4 Ha 1938-1952 2.75 OHIO 1.75 4 4s 2.00 1.85 6 0.40 to 1.90 6 0.50 to 2.00 6 0.75 to 2.50 6 0.75 to 3.00 to 2.60 A&O J&J water Works Allen Co 5 Ha Ashland 5 Ha 4 Ha Bridge Rev 1939-1950. A&O 1938-1944.A&O Canton School DIst— 5s 1954 to 5.25 5.00 to 5.25 6 2.00 6 1.00 5 Ha 1941 to 1.75 5Hs Imp Feb '46-'51 0.25 to 1.50 5s 98 1.00 J&D 6 1.00 6 2.40 4Hs Co Bldg 1939-44-A&O 4 Ha '44. *45. *56 & *69 J&D 4s Co Bldg 1939-59—M&S 6 1.25 4s June 1 1959-1964—J&D 6 3.30 3 Ha 1939-1951 —J&D 6 1.00 3Hs 1952-1980 J&D 6 3.00 3 Ha 1939-1951 J&D 6 1.00 2.90 3 Ha 1952-1963 J&D 2s 1939-1951—1 -J&J 6 0.75 to 4"66 to 2.30 to 3.25 100 to 3.50 to 3.40 to 3.50 to 2.60 to 3.50 to 3.30 to 3.50 to 3.00 July f 1965 to 2.10 % ..A&O M&S to 2.20 1.50 1.00 to 3.75 3.35 to 2.75 to 4.25 1.50 to 4.00 1.50 2.75 to 4.00 to 4.00 4 Ha Dock 1943 4Ha Oct 1938-47 to 2.10 Cros'38-*54.A&0 1.50 to 3.20 J&D 4 Ha 1939-1953.. 4Hs 1938-1955 s-a 2 Ha 1940-1959 5s 1943-1952 2.75 to 3.50 1938-1939 4 Ha 1938-1943 1.25 to 3.00 1.25 to 3.00 A&O 1.60 to 2.10 A&O 2.20 to 2.30 ■ 1-48 gen ref July 32 H 1 1976 32 H 1976 33 H 33 H to 3.05 to to 3.20 6 1.50 6 1.50 to 3.15 4 6 1.50 6 1.00 to 3.50 M&S 6 3.00 to 3.30 6 1.00 to 2.75 6 1.00 to 2.70 F&A F&A F&A 3.25 to 2.10 to 3.00 4s Highway Apr.l 1940, 1942, to 6 1.50 1945, 1947. 1950, 1952 Allegheny County— 4 Ha 1939-1962. A&O 6 1.25 4 Ha July 1939-1958 J&J 6 1.25 4s Bridge 1942 F&A to 3.10 3.00 1.50 to 2.25 A&O A&O 1.50 to 3.00 1.50 1.50 to 3.00 1.50 to 2.75 Dayto 5Ha W W Imp 1944—J&D 5s WW Imp 1945 F&A 4Hs Bdge 1938-1951.-M&S 4 Ha 1938-1940 M&S 4 Ha 1941-1961 M&S Dajrton School Dist— 5Hs 1941 —M&S to 2.75 6 1.00 to 2.70 6 1.00 to 2.00 6 2.25 to 5s Mar 16 1939-1946.M&S10 6 1.00 Cleveland— 4H8 gen imp 1938-43.-A&O 6 1.00 to 3.05 99 to98H 6 1.00 1939-1946 J&J 6 1.00 Fostoria 5s W W '39-'40-M&S 6 1.00 J&J 1.25 to 3.30 to 2.60 5s Water 1939 to 1945.J&J 1.25 to 2.65 J&D Forsyth Co 4 Ha '38-'58.J&D 1.25 to 3.10 1.25 to 3.10 Granville-Co 4 Ha '39..M&N 1.50 1.00 F&A 3.25 4H* 1939-1963 J&J 4 HS 1939-1965.F&A 4s Water Works 1954..J&J Ref'g 3 Ha 1957-1962.. J&J Greenville 5s W W '58..F&A 1.50 3.00 to 4.10 to 4.10 3.70 to 2.25 Hamilton County— Durham— 4 Ha 1939-1966 4 Ha 1939-1951 Greensboro— 5s Water 1942 1.50 3 85 97 to96H 4.15 to 4.00 Guilford County— 4 Ha Liverpool 4s 1940....J&J Elyria 4s 1938 J&D 4 Ha 1938-1952. M&S W W 4 Ha 4 Ha Durham County— M&N 1938-1957 High Point 4Ha 1939-48.J&J 6s Wat Servx938-1968 J&D 1.50 to 3.90 88 95 t 97 H to91 4 H» 1938-1939 to 2.90 to 2.60 to 6 1.00 2.75 to 2.55 to 2.55 to 2.70 to 3.50 2.60 6 1.80 4H» *39-'41—M&N to 6 1.01 2.50 3.30 to 2.30 to to to 2.40 Del River Jt Comm Bridge Easton-Phillipsburg 4 Ha 106 6 1.00 4 Hs Oct 1945 A&O 5s Park & Imp *38-'41.A&0 57.00 Lima 5Ha Sewer 1938-1947— 6 2.00 58 Sewer Feb 1 1939-51 F&A 6 2.50 4 Ha Sept 1 '67 opt *41 Easton 2 HaWater works— 107H 1939-1966 4Hs 1939-1960 115 M&S 6 0.85 F&A 6 1.10 6 Par 4Hs Jan 1 1939-1946.Fayette County— 4 Ha Highway 1952 J&D Harrisburg— 6 1.00 4s May 15 1939-1953 Jeanette 4H« 1939-1956.M&S 6 1.50 to 2.50 to 2.70 2*66 to 4.00 to 4.10 5s Jan 1951 J&J Lucas Co 4s O H 1944...M&S 4 Ha 1938-1940 J&D2 6 Too" tol".75 Mahoning Val San Dist— 4Ha water 1938-1952..A&0 6 1.50 Martin's Fy 5s 1938-'44_M&S 6 1.50 to 2.65 6 1.50 to 4Hs May 1948...... 4 Ha Nov 1 1948 6 2-30 to 2.85 2.10 117 H 58 June 1 1962 opt *52. J&D 5a June 1 1982 opt '52. J&D to 3.10 to 3.30 6 1.10 to 2.00 Lancaster 8 D 4s May Lower Merion Twp 4s to 3.30 to 2.40 2.20 2.50 2.00 2.00 Lacakwanna Co 4s 1944_ F&A 6 2.75 Lancaster Co 4H« '39-'60F&A 6 0.75 1945— 1945— McK'p't SD4H* '39-43 M&N Mercer Co 5 Ha '39-'47—F&A Norristown SD4H« 1943-J&J Philadelphia— to 2.70 6 2.20 6 2.20 to 2.25 to 2.50 J&J J&J 112 Miami Conservancy Dist— 5Ha (1 to 5 yr mat'y)—J&D 6 1.00 (5 to 10 yr mat'y).J&D 6 2.00 5H« (after 10 years)...J&D 6 2.40 to 2.00 to 2.40 to 2.60 bonds issued since Jan. 1.1913 are taxable, ail bonds issued prior to that 2.00 F&A A&O A&O J&D 6 1.70 4s 1940-45-50 I °.00 2.( to 6 0.40 to 2.40 4Hs Water 1939-1960-M&S 6 1.70 Bethlehem School Dist— Braddock to 2.75 Erie S D— Lakewood— 5 Ha ♦Ohio municipal 1943 Oct 1 1939 4Ha Sewer Oct 1 1938-'47- J&D 3.00 East 5s 1939-1967—A&O 6 1.00 2Hs 1939-1968 Allentown— 4 Ha Sewer 1939-59 Altoona— to 2.20 Phila-Camden— 1.25 to 3.30 J&J Cambria Co 4mb Nov 1 '38-'45 6 1.80 Chester 4Ha 1939-1940—-J&J 6 1.00 Chester 8D 4 Ha 1939-42 J&D 6 1.00 F&A 1939-1979 Is 1939-1959 1960-1977 2H Apr 1 . A&O Hjl 1939, 1944. 1949 4s 1939-1958 M&S 6 1.00 2 Ha Dec 1 1938-1965—J&D 6 0.75 6 1.00 to 2.60 to 3.00 4Ha Road 1938-1941..A&O 4s 1938-1941 A&O 130 101 6 1.20 .J&D 19 6 2.40 F&A s _ to 3.25 to 3.00 PENNSYLVANIA to 3.00 M&N M&N in 1939-1970 to 3.00 1.50 1.25 1.25 1.25 M&N 1.50 1.50 East Charlotte— 5 Ha 1938-1948 1.00 1.00 to 3.00 J&J F&A 6 1.50 Cuyahoga County— 4 Ha 1938-1944 A&O to 3.25 1H% Taxanticipa'nnotes— Series "DT" May 31 1939— 0.50% 5s July 1 1951 Series O—J&J 128 4 Ha Dec 1 1951 opt '37—J&D 100H Columbus S D— A&O to 2.80 to 3.25 1.50 to 4.00 to 3.00 1.85 1.00 1.00 4s Water 1939-1958 to 3.25 1.50 1 to 3.30 to 4.00 2.90 1.25 4s Water 1940-1959 101 J&D 6 1.00 1.50 3.00 1.25 M&N A&O M&N 2.25 % to 3.65 6s 1949-1957 5a 1939-1960 4s Water 193 9-1955.__M&N 100 6 2.40 1.50 NORTH CAROLINA J&J15 5s Harb Dev 1938-50.M&N to 2.30 Columbus— AiiliQvj]lo to 3.10 4 Ha to 4.25 Buncombe County— l-4s gen ref July 1 1.00 2.10 to 2.25 6 1.50 A&O 6 4H« Julyl 1939-'62—A&O 6 4 Ha Marl 1939-'56—A&O 6 4s 1939-1958. F&A 6 J&D 6 3 Ha 1943-61 3.30s April 1 1939-1956 6 3.10s Oct 1 1938-1964 6 2Hs gen & ref July 1 *43-'46 6 3 H» 1940-45 2 Ha 1946-47-48 to 1.00 July 15 '40-'45 Portland— to 2.20 to 4.25 J&J to 1.00 0.75 1.50 1.00 to 4.00 H« 1939-1968 to 3.00 0.75 1.00 6 1.50 4a 1939-1968 to 3.00 2.50 1.00 Yonkers— 6s Feb 1 1939-1952 A&O 6 Ha Jan 1939-1961—A&O J&J 2.70 » 4 Ha Grad to 35 1949-1956. F&A 1945-1955—-J&D > to 2.90 6 1.00 to 1.75 35 5s Road 1939 M&N Multnomah Co S D No. 1— 4 Ha July 15 1939 J&J15 » 4H« 1939-1959 (reg)-M&S xvov-i 1939-1954 F&A *ot/\|6 1.00 2Ha Sept 1 1943-49 —16 2.00 Wolcott 4 Ha Jly 15'39-'42J&J 6 1.00 3.90s o.tfus to 2.00 1.00 to 2.50 3HS Sept 1 1938-62 5s W W 1939-1968 to 3.00 1.00 to 1.00 2 Ha Sept 1 Cleveland— 5 Ha 1940-1970 to 2.65 Multnomah Co— 4 Ha Bridge 1939-1944.J&D > 1938 to 1956— 2Ha Sept 1 1938 to 19762s Sept 1 1939-63 M&S Cincinnati (School Dist)— 3 Ha 1940 opt 1912—A&O to 2.00 1.00 35 2.75 4s > 1.25 1.00 1.50 J&J Certificates of deposit Eugene 5s 1942 M&S 1.00 1.00 to 3.00 to 3.10 to 2.40 J&J 4Hs Sewer 1955 4s 1938-1956 1.25 35 4s Bridge 6 2.25 J&J 1943 to 3,30 White Plains— — % 3.00 J&D Certificates of deposit 5 Ha 1938-1949 4 Ha M&S F&A 4Hs Fire Dep '39-'55—A&O 4Ha 1938-1950 M&S 48 Sewage 1938-1958..M&S 3 Ha 1939-1949 A&O 3 Ha 1938-1956 A&O 3s 1939-1963 A&O 2 Ha 1938-1951 M&S 2Ha 1938-1951 M&S Cleveland Heights 8 D— 6s 1938-1959. A&O 5s July 1961 4 Ha 1939-1962 151939-1940 15 1941-1945 4Hs H'way '39-'49 (»-a)_A&0 4s Highway 1938-1942..A&0 4s Highway 1939-1941—A&O Cincinnati— 1.00 4 Ha San Sew '39-'82—J&J 4 Ha Parkway 1962-86-J&D 6 3.25 5s 1939-1961 2 Ha May 3 Ha May Astoria 5s 1953 J&D 6 1.50 to 2.25 2.75 to 3.00 to 5.25 J. A&O 4 Ha Dec 5 1939-42 4.40s 1956 F&A 6 1.50 6 2.00 OREGON to 4.50 .M&S 6s Water 1944-1959—A&O 6 2.50 0.25 '67.M&S Westchester County— 5s 1939-1976 3.00 5.00 5.00 5s Sewer 1953 4 Ha July to 3.25 1.50 Tulsa— to 5.50 Canton— 0.25 Thousand Islands— 3.75 1.00 to 5.50 1942.A&O 6 1.00 —J&J J&J 1939-1946- 6 5.00 6 5.00 % to 3.00 6 4.00 5Hs July 1946 F&A 6 3.00 5 Ha Wat & Pk '39-'49.F&A 6 1.50 3.50 % 6 4.00 A&O Ha 1938-1956 J&J J&J 1942 1939-1953 to 3.50 5 Ha 1938-1940 J&D 61.75 5s Water 1939-1947..-M&S 6 1.50 4 Ha Water Works 1941 J&J 6 2.00 3.20 % 2.00 6 3.50 A&O -A&O Oct 5s 1939-1945 1.00 Oklahoma City— (See footnote *) Akron 6s 1939-1940 5 Ha 1939 1 951 2.00 Water town— 1.50s 6 3.20 5s Water 1938-1953.--A&O J&J to Warsaw Union FrSDNo 10— 4Hs Aviation 1939-53.J&J 6 1.50 4 Ha % 3.10 % to 3.50 % 5s 1939-1947 6s Feb 1 1939 6 0.75 6 0.60 4 Ha Pub Imp '39-'45.J&J15 6 0.40 to 4.20s 1939-1949 F&A 6 0.40 to 4.15s 1939-1950 M&N 6 0 60 Ito 4.10s 1939-1946 A&O 6 0.50 to 4 Ha 2.00 2.25 Okmulgee 5s Mar 15 1943 A&O A&O J&D 1938-1942 to 3.00 3.30 + 110H Utica— 4 Ha 13.25 Forks— Troy 3.90s 1939-1948 F&A 3Ha May 15 '39-'51-M&N Warren Co 4Hs 1939-'50.F&A 5Ha highway 1939-'53_F&A 2.75 2.60 1.50 M'lifllrnff'Afl—> to 3.60 6s 1938-1940 reg 2.60 OKLAHOMA NORTH DAKOTA to 1.80 1942-'68— 6 2.10 4Hs 1939-1950— 4xb 1938-1970 4 Ha 1939-1965 3.50 to 2.00 Tlconderoga S D No 5— 4mb July 1939-1958—J&J 6 1.00 to 3.60 Tonawanda {City of)— 4Xa Sewer 1939-1953—J&J 6 2.00 5s Water 1939-1950—J&J 6 2.00 5 Ha Water 1939-1950—J&J 6 2.00 Trlborough Bridge— 4a • f revenue 1977 A&O 109H 2.40 1.50 to 3.10 Thousand Isl'ds—See "Watert own' 4 Ha 1939-1942 1.50 1.00 Market 1938-1939 M&S Zanesvllle S D 5s *38-'43_A&0 to 3.10 L50 J&J A&O A&O 4 Ha 1938-1956 Youngstown— 6s Bdge 1938-41 32 H 1955—A&O Impt M&S15 M&S Toledo School Dist— 4 Ha 1938-1959 97 H 4.00 3.25 M&S 4 Ha Nov 1 1938-1953 4s Park July 1 1942 to 4.15 4 Ha 1938-1962 A&O 4 Ha Pub Imp 1939-60.J&J Winston-Salem— to 3 Ha 1939-1951 3s 1939-1971 l 1.00 A&O 98 H to 96 3.30 b 0.35 F&A J&J15 J&J15 M&S 1938-1946 M&S % Toledo— 5s W W 1938-1944 F&A 6s Pub Wharf 1960—M&S ^ 5s Ref & to 2.90 1939-1955 4H 1938-1940 to 4.00 , b 0.40 4s 4 J&J M&S 1.50 95 Salisbury 6s 1939-1941—M&N Transylvania County— Road & Bridge 6s 1949-50- / 30 H Wilmington— • to 2.25 2.75 to 2.00 Springfd S D 5s 1939—J&J2 to 4.10 3.50 4 Ha 1948-1959 b 0.40 1.00\to 1.00 _ ^ Emerg '39-'42 J&D 4 Ha 1939-1950 Springfield— 4 Ha 1939-1949 to 4.15 Rutherford Co 5s to 3.00 5s Flood to 4.10 6 3.75 to 2.70 to 1.75 Net Montgomery County— 3.75 6 1.75 6 3.75 to 3.40 to 2.60 to 2.20 to Ask Newark 4Hs 1939-1941.-A&O Portsmouth City S D— 3.00 1939---J&J 6,2.00 Bldg Junel 1944—J&D 1938-1967 A&O M&N M&N Randolph County— 4 Ha 1939-1947 J&A 1.75 0.50 Solvay 4 Ha 1939-1940—F&A 1.00 Somers (T) 4Ha'38-'53.M&N Southampton— 5s 1939-1971 M&N 6 1.00 to Bid Bonds Net Summit Go—- 5s - Suffolk County— County— 1943-1947 to 2.10 0.75 6s Dec 15 1938-1948 M&N 6s Ref Nov 1950 Pitt Ask . _ 1939-1951—F&A 5s Bridge Schenectady— 5s Dec 15 1938-1941 4.30s 1938-1948 4.15s 1939-1960 '42.F&A A&O Iredell Co 5s Aug 1 6 0.75 4 Ha Bid Bonds Ask or To or or Saratoga Springs— 4 Ha Park 1939-1940.-A&O Yield Basis Yield Basis Yield Basis Bid Bonds 97 AND MUNICIPAL BONDS STATE AUG., 1938] date are tax-exempt. JLeas 1. b Basis. / Flat price, n Nominal. STATE AND MUNICIPAL 98 Yield Basis Yield Basis 4s July 75 80 94 98 5s 1939-1959 J&D 1.50 to 3.60 60 70 4 Vis 1939-19714 Vis 1939-1964 P&A P&A 1.50 to 3.75 104 Vi 106 107 Vi 109 110% 1.50 J&J 2.50 to 2.70 Ind Sch D 4s *39-*64—F&A 3 Vis Nov 11938-1967-M&N 1.50 to 3.60 1.00 to 3.75 2.00 to 2.25 1.50 to 3.00 1.50 to 3.15 Grimes County—1 5Vis Road 1939-54.A&O 10 6 3.00 to 4.40 Net 95 90 4s Sioux Falls S D— J&D 5 Vis Dec 1 1940 6 2.00 less Vi 108 Vi 4s July 26 102 1972 ---J&J * 19^6 opt 1956— Philadelphia School Dist— 4 Vis 1939-1943. -J&J TENNESSEE 6 0.75 M&N 4H* Apr 15 1939-58.A&015 4s 1939-1942 -J&J b 2.15 to b 1.25 to b 0.50 to 2.25 J&D b 0.50 to 1959 4 Wg 1941 4s 1938-1956 3.15 *«> b 0.50 to 2.60 J&i Dist 1939-62. A&O 60.50% 1939-1956-J&J 2 Vis July 1 2Mb Feb 1 1939-1958.F&A 100 100 to 1953 J&D 2.55 6 2.70 School District— 1939.-1963-----J&D Reading 5s Impt 1943-49-J&J 2 Vis 60.40% to 99 Vi 6 2.25 to 2.60 Schuylkill County— 4 Vis 1939-1955---—J&J 6 1.75 8cranton 4 Vis *39-*41—F&A 6 1.80 1939-48--M&N 4Kb 1939-1940--J&J 4V*s Impt 1940-1945—-J&J 1939-1943 1939 4s Oct 1 1954 to to J&J 1.50 to 2.90 3.25 to 3.40 2.50 to 3.00 1.50 to 4.15 1.00 to 3.60 to 2.25 1.00 to 3.50 0.40 to 2.25 2 ... 77 80 6 4.75 4.50 6 4.60 4.40 6 3.90 3.75 6 3.40 3.25 6 1.50 to 3.50 93 3 Refunding 4 Vis Jan Refunding 4 Via Jan Refunding 5s Jan 1 Refunding 6s Jan 1 General Obligation General Obligation General Obligation Funding 5 Vis Sept 2.60 } .90 25-50 25.50 2 2 6 "Par" to 2.30 £ 6 1.00 to 2.30? 6 0.50 to 2.25? to 98 to 2.40 S 2 Par to 4.25 ' 6 Par to 3.75? 6 1.00 6 1.00 to 3.60 <3 6 1.00 to 3.75 £ to 3.60^ 1958— 4 Vis— 4 Vis— 5s 101 Vi 90 93 95 98 1950— 6 3.80 4s Funding" 19524962.'A&O Madison County— 97 94 97 100 104 92 95 97 101 3.60 % 100 3.10 6 1.00 6 1.00 to 3.15 6 2.00 to 3.00 6 2.00 to 3.00 6 1.25 to 3.00 2%8 Highway Oct 1 *45-'54— 6 2.50 Aiken Co 4 Vis 1939-1945.F&A 6 2.00 Anderson Co— to 3.00 6 2.00 103 6 3.00 6 3.40 6s May 15 ^'dO-M&Nlfi 6 1.00 to 3.10 6 1.00 to 3.10 1953-F&A 6 3.50 3.25 A&O 5s March 1939-1960M&S 5s Memorial Sq '39-50-M&S 4 Vis High Sch 1940 J&J 4 Vis Hospital '39-*56--J&J 4 Vis 1938-1968 M&N 4 Vis 1939-1967 -J&J 4Vis 1939-1948 —M&S 6 1.00 95 Columbia 5s 2.50 Ref 1941-.M&S 6 3.25 1945 J&J 6 3.25 3.00 4 Vis Water Greenville—5s St 1942—J&J 6 3.05 3.00 3 Vis water ref 1939-76 M&N 6 2.00 Greenville Co 4Hs *40-*55. J&J 6 2.25 to 3.20 4Vis Hlghw 1939-1945.P&A 6 2.25 2.50 to 3.15 to 3.00 Greater Greenville Sewer Dist 4 Vis 1967 Kershaw Co— 6 1.00 4.00 1939-1946.P&A 6 2.00 to 3.50 1939-1941 M&S Spartanburg— 4 Vis Water 1939-1965-J&J 5s Sept 1 1939 6 2.00 to 3.15 5s Highway Marion Co— 4%s to 3.60 6 3.85 3.50 Spartanb'g Co 4Via*39-'47M&S 6 2.00 Sumter Co 5s 1939-1952—J&J 6 2.00 to 3.00 York Co 4%s 1939-1950-J&J 6 2.00 to 3.25 5s Nov 1 1943 2.75 to 3.25 SOUTH DAKOTA 6 1.00 1.50 to 3.10 to 3.25 6 1.00 to 3.25 6 1.00 to 3.00 Polk Co 5s 1939-1946—J&D 6 5.00 4.40 6 1.00 Robertson County— F&A .. 6 3.40 3.20 „ "1957—A&O 1949-M&S 6 3.00 2.80 6 3.00 2.90 4Vi% Jail 1940-1951—M&S Smith County— 5 Vis Fdg 1939-1958—J&J Tipton County— 4 Vis Road July 2 '39-'58J&J Washington County— 5% Fdg Jan 1 1954 J&J White County— 5Vi % Highway 1955—M&S 6 2.00 to 3.10 % s less to Vi 1.50 to 2.00 less 1 less 1 Rural Credit— 1.50 to 3.90 6 2.00 to 4.25 6 4.25 4.00 6 4.00 3.75 ue May 1 1943-'60—M&N 6 3.00 1 *43-*49. —F&A 6 2.80 2.70 1946 P&A 3s Feb 1 1947 P&A 100 Vi to 3.30 Ref 4s Aug to 3.15 to 3.00 6 Basis. /Flat price. 101 Vi to 2.90 M&N 5%-2Vi% Refund'58.M&N 1942 6 2.25 2.10 Salt Lake City S D— 6 2.35 2.25 6 1.35 1.25 3 Vis 1939-48 —J&D 6 0.80 4 Vis Oct 1 1938-1949—A&O 6 0.70 to 2.10 Salt Lake Co 4%s Apr 1 VERMONT Middlebury48 1941 Rutland 4 Vis 1946-48 to 2.20 M&N 6 4.15 4.00 J&J 6 2.60 2.50 VIRGINIA 4s (Commonwealth) 1962 i % ctfs of indebt July 1' '39 is Refunding 1947-*60—J&J is Refunding 1939-*46—J&J Albemarle Co 5s 1948 J&J Alexandria 6s 1938-1956.A&O 3s 1939-1973..J 15 & D 15 Arlington Co 5Vis *39-*54 P&A Bristol 5 Vis Sch 1939-53 J&J Charlottesville 5s 1962._M&S 5s Water Impt 1958—J&J "" 132 103 6 1.50 to 1.90 6 1.00 to 2.10 6~1.00~ J&J 6 1.00 J&J 6 1.00 J&J 6 2.60 4 Vis 1939-1961 4 Vis 1939-1953 4Vis 1954-1958. Beaumont— 6 0.50 to 2.75 6 1.25 to 3.50 6 2.50 to 4.50 to 2.75 to 2.75 to 2.75 . Works . 1.75 1939 5s 1940-1965 4s to 1.50 1953-1977 A&O 6 3.60 to 4.00 to 4.00 5Vis Impt Apr 10 1956-1965 b 3.40 Cameron County— 4 Vis 1939-1942 Aug 1942 2.00 F&A 4 Vis July 1 1939-1950—J&J 6 1.50 Fairfax Co 4Vis 1945—P&A2 6 2.75 Henrico County— School 5s 1939-50 J&J 6 1.00 to 2.75 4 Vis June 11957 J&D 6 3.00 Lynchburg— 4 Vis Pub Impt 1946—J&J 4 Vis Water 1951 J&J 2.75 to 2.50 to 3". 60 J&D % 100 J&D 100 2.60 J&D P&A 3.00 1.50 4s street Nov 1 1941..M&N Norfolk— 3s Jan 1 1939-1948 3s Jan 1 1949-1958 6 1.00 to 3.00 ... ho 3.25 April 1941-47 6 3.00 5% Water May 1952 5% Port Terminal May '52. 6 3.00 5Vi % School Oct 1961 Petersburg 4 Vis 1952—A&O 6~3.50" 2.85 2.85 3°75 3~30 % 5 Vis 1951 3.75 2.50 F&A 4 Vis Impt Oct 11942..A&O to 3.80 4 Vis 1939-1954 5s Water 1948 J&J 6 1.00 J&D 6 3.50 to 3.50 to 3.20 I Richmond— _ 70 to 68 99 55 4 Vis 4 Vis 1949 1958 4 Vis July 1 1964 4 Vis July 1 1941 4 Vis July 1 1965 M&N b 0.75 M&N b 0.75 M&N b 0.75 to 2.90 4s 1939 to to 2.90 4s 1941 to 1.80 4s Elec M&N b 0.75 to 2.00 4s 1939-1951—J&J 6 1.00 1938-1957 .J&.T| 100 2Vis voted 1939-58 F&A b 0.40 Dallas Co 4Vis Apr 10 1951.. b 3.00 to 1.75 4s 2.00 2.25 IVis 1942-1949 Newport News— 4 Vis 1948 4 Vis Feb 1953 to 4.00 70 1939-1960-- to 2.75 „ M&S / 5s Road Mar 15 1939-1957- b Vis 1939-1970 2.50 Portsmouth— Corpus Christ! 5s fd '67-F&A 98 6a Water 1938-1959—F&A / 50 4Vi 1939-1945 4Vi 1946-1965 °,25 3.25 Danville— 4 Vi % „ 1954.M&S A&O A&O 6 2.25 4 Vis 1939-1970— J&J 6 1.50 4s 1942 opt 1922 J&D 100 3 Vis 1939-1952 A&O 6 1.50 5s Water 94 to 4.00 $ I ?75 to 3 .40 2s 1950-1956 School 2 Vis 101 to 2.35 to 3.25 EI Paso— 3 Vis 1943 to 1.00 to 1.90 4 Vis Ref 6 Abilene 5s Feb 15 1959-1965— 93 Amarillo 4Vis *39-*58-M&S 15 6 3.80 Austin— 5s 1939-1942 J&J 6 1.00 5s to 2.00 6 1.20 6 2.10 4s Pub ImDt 1939-1959. J&J 6 1.00 4 A&O 6 1.00 M&S 6 2.50 June 1 1939 J&D 6 1.00 3 Jan 15 1939-1940—J&J15 6 1.25 Vis Jan 15 1943 J&J15 6 3.10 • Rural Credit 1942—J&J 6 2.90 5s Rural Credit '38-'40 6s Sept 1941— to 2.25 to 3.00 6 2.00 - Brazoria Co— 6 2.60 6 3.00 0.50 6 0.50 6 0.50 to 3.25 6 1.00 - 5s M&N 6 4.25 0.90 0.50 6 0.70 A&O 4s Ref 1946-1965 „ 2.75 TEXAS 100 6 1.10 6 0.70 to 2.50 land River Bdge Nashville— 6s 1939-1942 104 6 3.00 91 3.25 J&D 4s 1938-1954 M&S Montgomery Co—5s Cumber¬ A&O 4 Vis Park 1959 4 Vis 1939-1955 to 3.30 Clarendon Co— 97 19 & to 3.00 to 2.75 to 2.75 pages to 3.25 Memphis 5s July 1954—.J&J 5s River Term '39-'48-A&0 4 Vis Water 1939-1962—J&J 4 Vis Water 1949 -J&J 5a Aud Mkt H'se 6 1.50 STATES—See 4s May 1 1949 6 3.30 4s Courthouse to 3.10 95 5Vis April 1 1941 J&J 4 Vis Road 1939 J&J 4 Vis July 1 1939 ...J&J Ogden 4Vi% 1938-1945-F&A Salt Lake City— 5s Refunding 1941 J&J 4s Ref 1939-1945 A&O to 3.75 4 Vis Road 1948- 6 1.50 Wichita Falls— 3 Vi % to 4 Vi % due 1969 % UTAH 92 95 99 1 19581 19581958— Wo t.nr 4.14a 725 Waco— 5s Water Works 1942..J&J 4 Vis Water 1939-1968—J&J UNITED to 2.00 3.50 % 4%% Highway *39-*49 J&D 6 1.00 to 1939-1967 J&J 1938-1968. F&A 3s July 1 1939-1951 J&J San Antonio S D 5s *56--P&A Tarrant County— 4 Vis Oct 10 '38-*59—A&O10 6 96 6 3.75 Sept 1938-1959 Knoxville— to 1.25 1.00 6 2.25 to 4.25 to 3.40 Shelby County— 4%s Highway 1939-43.P&A Charleston—4 V$s Jan '62 _J&J 3 Vis Wat Woraa *39-'78A&0 Cheraw 5s '52 opt '32. -July 1 .P&A 6 2.00 7 5a 1939-1970 to 3.40 J&D 4Mb ctfs lndebt 1939-53-J&D 4s lnstitu'1 1939-1959 J&J 3%® Refunding 1940-55 3 Ha State Highway— Ctfs of indebt 1940-49. J&D State ctfs of indebtedness 3s Jan 1 1939-1952 J&J to 3.25 1.50 CAROLINA SOUTH to 2.80 6 2.75 1.50 3 3 6 to 2.80 4 Vis 4 Vis Woonsocket— M&N 4%* 1939-1967 J&D 4 Vis Funding 1944 M&N 4 Hs 1939-1967.. J&D 4 Vis June 1939-1957...J&D 5s Funded 1939-1959—A&O 4s Funding 1947— A&O 2.50 to 3.40 1.25 6 1.65 to 3 00 to 3.40 to 60.40% 1.50 1.75 1.00 Par to 2.25 to 2.75 1.50 1944. *49, *54. *59,*64 Port Arthur— to 2.50 1.25 1.50 1.50 to 6 „ 1.75 % 0.75 M&S 4s Oct 1 1964 3s 1946-1965 4.10 4.00 4.10 to 5s 4s May 2 4s Water 4 %s funding 1941 6s Fund 1939-1961 6 4.25 6 4.25 0.50 58 St impt Dist No 2 1943.. J&J A&O 2s May 1 1939-1958. WPA School Loan— 95 to 3.00 2.60 to 3.00 _ 1957 M&N2 1962...——.J&D A&O 4s 1939-1950 J&D 3s 1944-1951 J&D 2 Vis 1939-1957 P&A 90 to 2.80 1.00 6 2.80 6 1.00 -J&J J&D M&N J&D 2.40 2.90 1.50 1.00 San Antonio— 4 Vis Pawtucket— 4 Vis 1938-1959 4s Jan 1 1945 to 2.65 3.15 *39-J&J 6 1.10 Cranston— 4Kb 1950 4Vis Sower 1952 4 Vis School 1954 Providence— 0.90 to Highway 1947—J&J 5% Co Memorial '39-'50J&J 2.00 Dyer Co ref 3 Vi-4 Vis 1965—— 2.60 Fayette County— 2.00 4Vis Road 1958 J&J Gibson County— 4 Vis. 1940-1958 Hamilton County 4Vi% Refunding 1957-A&O 0.40 5% Bridge 1944 Jackson— 1.25 4 Vis Ref 1939-1948—J&J Johnson City— 5 Vis Impt 1938-1946—J&D Knox County— 4 Vis Bridge May 1 *51 M&N 3.25 to 4 Vis Mar 15 ,39-'73.M&815 5s 1939-1942 -A&O Newport— 4 Vis 1939 M&S 5Vis June 1 1939-1953 ijla May 1939-1942..M&N 6 4s May 15 1948 M&N 3%s g High sch 1954. J&D to 1.50 Houston— 5s Sewer 1939 M&N 4 Vis Sept 1938-1952—M&N 4 Vis 1939-1957 J&J 4 Vi Impt 1939(s-a) J&J 4Vis Impt 1940-55(s-a).J&J 4 Vis 1942-1947 2Vis and 3s 1941-1968.J&J Ind Sch D 3s *39-*60—P&A Houston S D 5s Feb 1952 4 Vis 1938-1951 J&D Palestine 5s Sch Aug 1 1939, to 3.00 1.50 6100Vi 6 2.00 J&J 0.70 to 0.70 1.50 5Vis W W 1939-65—M&N to 3.10 J&D 4s 1939-1966 to % • . i to 3.65 2.50 to 2.70 1H% June 1 1939-1943.-J&D 6 0.40 8% Public Wks 1951-50-M&S 6 2.00 4s Charit Inst 1965 M&S 4s June 1 1977 J&D 62".75" to 3.15 QA 4 Vis Apr 10 *39-'56.A&010 4 Vis Road Apr 10 '39-*60- 2.90 to 3.00 nnrcici Net 3.40 6 3.00 6 1.00 UnemplRelief'38-M&S 1 Vi % June 1 b 3.05 A&O "52M&N Cocke County— 4 Vis Road 1947 opt Davidson County— 3.20 to ISLAND RHODE 1 Vi % F&A 2.70 Hospital 1954——M&S 6 4.25 5s to 2.50 Wllkes-Barre— York 4 Vis Chattanooga— 4 Vis School 1956 4 Vis Memorial Aud to 3.00 5a 1939-1950 F&A 6 1.90 Bcranton School District—• 4 Kb 1939-1956.. .. . - - - J& J 6 1.80 3% opt rev 2.35 b 2.80 1.65 4Hb 1940-1967.—------b 0.90 4Vis Jan 1 and Feb 15 1939— b 0.90 .00 4 Vis Jan 1 1939 b 1.10 4%s Dec 1 1939 b 2.80 4 Vis bridge 1944-1945— b 2.60 6s July 1 1943 —b 3.05 6s April 15 1946-1947 Carter County— 5s funding Jan 1 1959..J&J / 84 5 Vis road / 85 Public Works Relief— 4Vi% 2.35 b 1.50 4s 1940-1955 2~30 to 99 6 0.50 2.60 b 2.55 J&D b 2.70 b to 1.50 Refunding 1941 Ask 3.50 5s School 1939-1954—M&S 5s 1939-1956 A&O 2.40 b 2.55 J&D 2%s 1947-1948 3 vis Sept 1 1944---—3 Vis Sept 1 1945 3 Vis 1948. 3.90s Sept 1 1955-1958 3.15 3.20 Operating Revenue— 1 Vis Apr & Oct 1938-1941 b 0.40 4s 1939. 2 Vis Sch b 2.60 3s Sept 1 1946 to 2.25 A&O Galveston— 58 Grade Raising 1944.A&O 105Vi 3 Vis July Bid Fort Worth— 5s 1951 Co— 4Vis fund 1939-'47.M&N15 Perkins Co 4 %s fd 39-*47 J&D Stanley Co 4 Via fd *43-*48 J&D 102!Vi' J&J J&J J&J Ask Jackson 109 Vi SVi ,108 Bid Net Ask 107Vi| 108Vi rVi[ 108Vi 1942-.---——J&J 4s Nov 1 1906 To or 1 Bonds Bonds Corson Co 5s fd 1939-*47 M&N Philadelphia (Concluded)— 4Vi« 1w76 op* 1946 Tv; 4 Vis Dec 1/ 1978------J&J 4s July 1939 J&J 4s Feb 16 1955 Yield Basis To or To or Bid Bonds 4s Jan 1 1940 BONDS possible for the closing day of the month preceding the date of issue Quotations for all securities are as near as purch 1950—-A&O b 3.60 1 1948—-F&A 4Vis 1939-1960 A&O b 2.00, 6s W W 3.50 As Impt Aug 3.50 to 4.00 1943 Light 1942 1943 2.25 J&J J&J 6 2.60 J&J J&J J&J J&J 6 0 J&J 50~ 2.40 ho 1.25 2.50 to 1.50 L50 1.50 J&J 1.60 J&J Roanoke— 1.25 4 Vis Street Impt May 1940 4 Vis Pub Bldg 1941—M&N 4 Vis Pub Bldg 1944—M&N 4 Vis April 1952 A&O 2 Vis Water 1939-68—.A&O 2 Vis Jan 1 1939-1958—J&J Staunton 5s 1938-58 M&S Tazewell Co'5s 1939-46—J&J Washington County— .J&J 6 5s school 1939-49. J Optional to Jan. 1 1938 at 105. 1943 at 104, 1948 at 103. 1953 at 102 and 1958 at 100. 1.60 2.00 2.70 0.75 0.75 to 2.75 0.75 0.75 to 1.00 to 3.40 to 2.40 to 3.25 3.25 AUG., 1938] STATE Quotations for all securities are AND MUNICIPAL BONDS Yield Basis Yield Basis Ask Bid Bid Spokane— 434s Park 1962 —J&J 4s & 4*4sref 1939-51— J&J 3*£s Ref 1943-1954—J&J 4kb 1939-1954 M&S 554s 1939-1953 ---J&J 5s Imp—Mar 1 1939-1942— Spokane Water Revenue-— 4 *48-4*^8 1938-1941—A&O - 6s Gen Fund 1939 1940 J&J 4H% Gen oblig 1939-1943J&J 4% Gen oblig 1948-50 3*4% Gen oblig 1950-51 3k % Gen oblig 1951-52 (Bark Co 5*4s p52 opt *33 A&O Refunding 6s 1953—M&N 110 b 1.00 to b 1.00 b 2.40 to 2.00 b 2 ao to 2.70 b 2.40 to to 2.70 2.70 3. 50 revenue Bonds— 5s Water ref 1938-45 b 1.50 6 1.50 3J4s Water ref--.1938-39 2Kb Water ref-—1940-42 County— Is Bridge 1938 M&N 's Bridge 1939-49.M&N 4KB 1938-1950 M&N Pierce County— 4%b 1938-1944 Port of Seattle 5s '38-65 M&S 4*4s Jan 1939-1955 J&J 6 2.00 2.75 2.00 to 2.40 to 4 *48 ref wat Yakima— 6 1.75 6 2.00 to to 6 1.50 to 6 1 50 to 4*48 1939-1957 to 5s Wat Wks 1939-1952.J&J 6 0.25 to to to to 4.40 to 4.50 to 2.50 to 3.65 A&O 6 2.50 It & pr'38-'53_M&N 6 2.25 to 3.65 mun It & pr '43-53 A&O 6 3.00 3*is mun It & pr'39-*54 A&O 6 2.75 Seattle School Dist No 1— 4s 1946-1950 M&N 6 2 .65 to 4.20 3*4 to 4.20 to 6 1.25 to 4.20 to 3.00 to to 2.25 6 2.20 to 2.50 6 0 25 to 1.80 6 0.75 6 2.25 to 2.10 6 % are as near as to 2.40 2.40 6 1.90 6 0.25 6 2.10 to 2.25 Capital (Hartford) Aetna Insur (Hartf) Aetna Life (Hartford) — Agricultural (Watet'n) Amer Alliance (NY). Amer Equitable (N Y) Amer Fire (Wash'ton) : Amer Home Fire(N Y) Amer Insur (Newark) : Amer Relnsur (N Y)_ Amer Reserve (N Y)_ Amer States (Ind'nap) Amer Surety (N Y)_. Automobile Ins( Hartf) Baltimore Amer (Bit) Bankers & Shipp (NY) Boston (Boston) Buffalo Ins Co (Buff) 6 0.25 to 0.50 to 2.00 to 1.80 6 0.50 to 1.80 to 1.00 6 0.50 to 2.15 6 0.50 6 0.50 to 1.80 6 1.00 to 3.25 6 1.00 6 1.25 to 2.75 6 1.00 6 1.00 to 3.25 to 2.10 to 2.75 to 3.25 WYOMING to 2.35 4s Road 1951 opt 1941 Natrona Co S D No 2— 100*4 J&J 6 1.00 A&O 6 1.50 1.25 J&J 6 1.00 1939-1944 to 2.50 to 3.25 to 3.25 Reserve Surplus 31. Premium OamdenFire(Camden) (Wilmington N.O.) Central States Life (St Louis) City of NewYork(NY) Columbian Nat'l Life (Boston) Conn Gen Life (Hartf) Continental Assurance - Ask. Casualty (Hammond, Ind)_. Y) Eagle Fire (Newark). Employers Re- ins( KCJ) Excess Ins (N Y) Federal Ins (Jer City) Fidelity & Dep (Bait) Fidellty-Phenix (NY) Fidel & Guar (Bait)— Fire Assoc of Phila Fireman's (Wash'ton) Firemans Fund (S F)_ Firemens Ins (Newark) Franklin Fire (Phila). General Reinsurance. Georgia Home Fire & Mar Falls Insurance Gibraltar (Glens Falls, NY). Globe & Republic Globe & Rut gers Fire. 2d preferred.. Amer Indemnity (New York) Great Amer Ins (N Y) Halifax (Halifax.NS). Hanover Fire (N Y). 14,075,487 15,600,498 18,326,607 4,014,483 3,103,032 2.868,502 358,810 1,064,482 10,042,548 3,028,762 1,289,054 301,393 4,072,585 7,185,126 1,426,661 1,582,925 14,706,570 2,197.738 4,221,644 500,000 745,006 400,000 1,500,000 498,031 889,159 15,222,624 97*4 101*4 20,016,996 46*4 SS* 27 6,655,795 25*4 5,356,163 85*4 82*4 22 1,945,247 23*4 4,430,055 25*4 26*4 77,748 £115 7 841,394 "8*4 12 13 *4 11,982,022 35 37 1,185,624 25 2,188,793 26*4 934,306 5,941,659 ~46*4 48*4 9,028,811 32*4 34*4 2,484,927 6*4 7*4 86 3,303,633 89 605 4,694,847 615 330 2,276,425 375 5,235,713 19*4 21*4 2,000,000 3,000,000 1,000.000 784.722 24*4 26*4 2,526,605 2*4 19*4 3*4 20*4 70 75 2,808,328 38,822,179 6,210,523 188,156,229 3,695,297 22,263.915 1,750,000 5,013,966 51,759,596 445,769 2,500.000 605,381 10,519,950 5,515,051 40,351,755 1,558,499 9,422,201 334.421 13,142,938 7,232.618 6,880,363 5,285,913 684,304 905,995 8,418,754 20,522.705 1,097,509 3.851,702 441,123 2,724,679 6,364,068 15,367,997 3,402,136 9,317,827 254,220 12,954,358 12,995,622 7,676,380 2,363,558 1.126,382 1,445,326 2,500,000 6,591,820 1,000,000 1,345,528 1,200,000 16,584.985 t959,745 6,561,640 2,553,973 1,442,339 5.000,000 815,000 1,500,000 755,095 4,000,000 2,400,000 3,750,000 1,000,000 2,000,000 300,000 7,500,000 9,376,690 3,000,000 1,000,000 500,000 1,000,000 27 28*4 31 33 29*4 34*4 35 (Hartford) Home Fire Security.. Homestead Fire (Bait) jx £43 6 107 Mo) Knickerbocker (N Y) Lincoln Fire (NY)... No par value, Assur/com (New York) 1,444,670 11,531.659 2,000,000 5 12,500,000 2,512,137 7,406,132 Bid. 4,897,527 4,059,443 400,000 718,360 1,137,150 1,000,000 640,670 1.519.452 1,000,000 733,549 750,000 750,000 5,000,000 20,031,369 4,000,000 7,061,655 100,000 325,721 1,100,000 5,071,361 1,104,343 863,183 15,336,951 6,687,915 \pref 100 Merch Fire (Denver). Merchants & Mfrs Fire (Newark, N J) Merchants Insurance (Providence) National Cas (Detroit) National Fire (Hartf). Nat'l Liberty (NY).. Nat'l Union (Wash) Nat Union Fire (Pitts) New Amsterdam Gas (Baltimore) — New 1,967,908 4,773,543 Brunswick 10 5 10 10 2 5 20 Ask. share "85"" 10 28 38 40*4 20 22 23*4 24*4 42*4 13*4 30*4 44*4 14*4 32*4 73 1,000.000 6.162.223 1,000,000 210,000 2,051,004 161,527 13 31*4 10 3,000.000 8,430,465 4,414,095 43*4 45*4 20 5 1,000,000 916,498 1,000,000 2,064,269 2,000,000 12,030,562 1,000,000 4,581,784 1,901.658 2,198,357 5,811,786 4.746,269 41 44 10 1,000,000 917,667 575,705 25 2,000,000 5,240,607 1,000,000 2,250,533 1,000,000 1,106,461 1,000,000 2,335,991 1,000,000 942,240 400,000 405,645 700,000 220,322 1,000,000 2,054,726 6,000,000 38.182,317 5,317,985 (Milwaukee) Occidental Ins (S F)__ Old Line Life (Milw). 10 Pacific 25 10 5 Fire (N Y).__ Pan-Amer Lire (N O). Casualty (Phila) (Phila). 10 Phoenix Ins (Hartf) Accident — 10 23*4 16*4 28*4 93 26*4 802,908 17,345,695 3.357.453 119 124 26 11 29 11*4 110* 30,667,113 117,498 11,958,021 554,995 8,255.808 7 7*4 2% 14% 83 87 1,000,000 (New York) Providence ton - . _ ReinsuranceCorp( NY) Reliance Ins (Phila) Republic (Dallas) Revere (Paul) Fire Rhode Island (Prov). — Rochester 10 10 10 5 10 (Hartford) (St P). 5 25 10 75*4 Security Ins (N Hav). Springfield Fire & Mar (Springfield. Mass) Stuyvesant Fire (N Y) 52*4 28*4 54*4 30*4 Travelers Fire 38 40 Seaboard F & M Sun Life 7*4 8*4 2% 63*4 400 12*4 2*4 16% 18*4 3,000,000 5,284,542 4,529,207 34% 36*4 l.ooo, 555 2,000,000 1,000,000 1,000,000 2,550",505 946",721 21 23 2,986,748 921,333 712,088 2,349,153 1,384,273 1,525,045 23% 23% 25*4 24* 1,000,000 1,683.639 1,500,000 923,767 4,000,000 23,309,581 1,000,000 651,498 1,000,000 1,000,000 1,000,000 3,244,267 836,660 3,084.449 9,303,853 658,242 740,619 4,203,693 25 2 10 26 25 1,798,467 7*4 9 6 American (Rochester) Ins 2,809,172 Washing¬ (Providence) 35*4 78*4 9*4 81,084 cum. 15% 27% £89*4 Nor t h wester n National 10 2 130"" 29*4 10 11*4 15 122 1,707,901 (NY) 350 65% 8% 1,403,713 New York Fire North River las (N Y) 2*4 Northern Ins Co(NY) 2 Rossia 17*4 94,734.162 1,939,435 166,918 22 *4 63*4 7% 1,000,000 Seaboard Surety (NY) 62*4 7 20 Preferred 28 2*4 16*4 21,114,464 ~ 9*4 10 Ass'ncejOas) 25 5 100 (Hartf) 100 U S Casualty conv pref U 8 Fidelity & Guar¬ 2 anty (Baltimore) U 8 Fire (New York). — 2 4 U 8 Guarantee Co— 10 Unlver Ins (Newark). 10 12,000.000 54,240.005 5 30 Fire (New Brnns. N J).. Hampshire Fire (Manchester, N H) New Jersey Insurance (Newark, N j) 10 1,222",065 395,019 8*4 New 10 8,719,926 51,585.447 2,205,218 99,794 7,211,703 25 11*4 Phila Life 3,000,000 6,429,741 15,000,000 38,657,540 1,000,000 2,736,467 4,932,000 200,088 1,000,000 402.971 47* 115 5,902,149 Phila Nat Ins 8*4 24*4 23*4 33*4 4*4 4,000,000 32 56 31 1,000,000 34*4 82*4 8*4 26*4 29*4 3 *4 2 30 55 3,994,343 13,502,357 1,059,053 4,805,714 38.201.787 t Consists of $366,870 $4 Merch Fire 1,000,000 2,544,798 33*4 1,000.000 2,802,013 8,150,000 22,399.846 2,000,000 1,702,507 4,000,000 5,213,048 12,000,000 47,714.286 200,000 City. — St Paul F & M Insur Co of Nor Amer (Philadelphia) Kansas City Life (Kan¬ Cas'ty (Phila) 10 Maryland Casualty 1 Mass Bonding & Ins 12 ' 2 (Boston) Peerless f 42 Importers & Exporters (New York) Reserve Per (Minneapolis) (Northwest Fire & Mar 31*4 70 Hartford Steam Boiler Home (New York) Home F & M (S F) Capital Manufacturers 3,000,000 7,500.000 15,000,000 3,000,000 3,000,000 1,000,000 200,000 1,000,000 3,343,740 1,000,000 1,000,000 300,000 7,500,000 5,000,000 1,500,000 1,000,000 3,000,000 1,000,000 2,000.000 Gr (Hartf) Par share Continental Continental Ins (N Lnearned Premium 1937 Dec. Bid. Oarolina * 6 0.50 6 0.50 6 0.50 to 2.40 to 2.40 Unearned 1937 Per sas to 1.90 to 3.00 to 2.10 6 0.25 6 2.00 5s Aetna Casualty & Sur Fire — to 1.80 possible for the closing day of the month preceding the date of issue Surplus 31, Dec. Par Hartford 4*1,8 1938-1949 J&D Milwaukee—5s 1939-'40._J&J 4*4s 1939-1945— J&J 4s 1939-1944 J&J Milwaukee County— 4*4s Ct H'se *38-'50 M&N 15 4*4s Sew Mar 12 1939-1945. 4*4scourth'se '38-49 J&D 16 Racine—4 *4s 1938-*57—M&N 6s 1938-1941 F&A Racine Co 5s 1939-1940—J&J 4*4s 1939-1950 J&J Superior 4*4s Sch *39-'44.J&J 3" 10 6 0.50 Charleston S D— 5s 1939-1952 to 3.00 / Flat price. Quotations Glens A&O 6 0.50 6s W W 1938-1960—M&N 6 1.00 Madison— to 3.10 Clarksburg 5sl938-1953_A&0 6 1.00 6 Basis. Eau Claire 4 *4s 1939-1944-J&J 6 0.50 Green Bay— 2.90 1939-1946—J&J - 100 to 3 WISCONSIN 2.50 2.90 to 3.00 4*4s 1945-1954 J&J 4*48 1939-1943 J&J 4s 1939-1950 —J&J 4s July 1948-1952 J&J 354s 1951 and 1952 —J&J 3*4s 1943-1952 J&J 3s Sept 1, 1938-1946 M&S 2548 Sept 1. 1946-1960—M&S 2*4s Nov 11938-1962—M&N 2*4s May 1 1944-1962 1.40% July 1. 1939 J&J Charleston 4 *4s '41 opt '27J&J 3.00 3.50 100*4 2.40 Wheeling— WEST VIRGINIA 5s Highway 99*4 6 2.75 Mercer Co 5s '44 op *24 A&015 100 Morgan town 5s 193 9-1948. J&J 6 0.25 to 3.40 to 3.40 Net 100*4 4*4s 1939-1947 1939-'54—J&J Ask to 2.00 58 Wat rev 3.00 to 6 1.00 6 1.50 Gen oblig 4*4s '39-'40-A&0 6 2.00 4*48 1941-1955 A&O 6 2.50 mun to 5*4sGOsewer 1939—M&N 1939-1951—J&D 6 1.25 3.60 6 1.00 6s 1939-1941 L & P.—A&O 6 2.00 5*4sL & P 1939-1943-M&N 6 2 00 5s Light & Pow 1942-56A&0 6 3.50 4 *4 IA & Pr 1939-'58__M&N 6 2.50 4s 6 1.50 Bid Clarksbg S D 5s '41 ep '21M&S Hancock County—5s Grant Road Dist *46 opt '32.M&N Huntington 5s 1944— Oct 3,25 3.10 3.25 3.40 2.25 to 3.60 Seattle— ' to J&J 6 2.75 4s Water 1944-1946 Walla Walla— to 6 1.50 6 1.25 6 2.00 To of Bonds Net _ Everest— to Ask 6 1.25 Tacoma—Revenues— 454s Water *39-'43 (s-a)J&J 6 1.50 454s EIL&P '42-'46(s-a)J&J 6 2.10 454sEIL&P'38-51(s-a) A&O 6 1.25 101 4*4s Gen oblig wat.1938-59 b 1.75 To or Bonds Net WASHINGTON Yield Basis ... To or Bonds 99 possible for the closing day of the month preceding the date of issue as near as 8 Virginia F & M (Rich¬ mond) West Coast Life (8 F) Westchester Fire (NY) Wisconsin Nat Life... 1st preferred, $517,879 $5 2d preferred, and 5,000,000 12,485,056 12,004,391 500,000 741,327 6,861 2,000,000 18,118,207 58,851,773 20,000,000 28,057,816 784,893,059 1,000,000 1,721,455 2,395,134 2,000,000 6,005,215 2,000,000 16,277,857 2,000,000 4,253,298 400,000 1,007,164 25 1,000,000 5 375,000 1,000,000 400,000 934,590 1,042,256 8,163,259 537,348 14,377,490 9,773,756 2,817.550 387,306 625,063 2ot* 2!* $75,000 $5 junior preferred stock. 6*4 27 34 36 125 128 4 4*4 492 540 469 479 8*4 16*4 i* 17*4 54*4 56*4 9 11 25 30 21,698,853 5,445,542 6,890.470 28 212 12 # 35* Quotations in this department are given per share, not per cent, except for stocks of Canadian Institutions, possible for the closing day of the month preceding date of issue, though often are nominal. An asterisk (*) as near as Bid.6S* and are denotes - Figures of deposits, capital and profits for the National banks are from the Comptroller's last call; for tutions they are the latest obtainable, direct returns being procured by us where no periodic statements are the Clearing House banks of New York, deposits are taken from the latest weekly statement. ALABAMA June 30 CALIFORNIA June 30 June 30 Surplus & Profits Oross Surplus & Profits Capital National Banks Institutions State National Banks Ask Bid Par Deposits Capital all other insti¬ required. For State Institutions June 30 Oross Deposits Par Bid 'I $ Birmingham— Per $ 1,050,000 105,000 125,000 i Bank for Savs. & Trts. share. $ Long Beach- 50 :d Birm'ham Tr & Sav 500,000 1 Common 24,526,994 (100 1 20 1,194,217 100 842,491 al ,785,900 Preferred Industrial Sav BankFirst National Bk— d Common Preferred — 125,000 81,700 e (25 a50 Los First Nat Bank-. Merchants Nat Bk__ $ 15,848,091 2,894,443 100 N 0 50 re cent les Angeles— California Bank— 36 34 5,000,000 1,000,000 .... Preferred J2,956,529 104,447,756 24 J25 \25 25 125 4,285,000 112,798,542 5,258,895 118,942,121 5,000,000 3,000,000 Mobile— Amor Nat Bk & Tr Co $ 506,539 200,799 sa Common.. 51,577,252 3,000,000 11.204,426 6,750,000 . 1,000,000 i 225,000 Ask Nomi nal Per share. Nomi nal. 375,000 1,000,000 1,000,000 161,454 1,376,309 1,531,526 2,518,551 20,179,538 19,116,8?6 25 100 20 56 58 300,000 1,000,000 246,279 752.812 3,422,738 16,408,824 10 12 10 12*4 12! 13 J 100,000 50,000 85,751 20 24 26 100 350 385 125 47 24,000,000 9,000,000 J15000000 576,421,503 2,500,000 2,599,014 37.990,376 325,750 2,000,000 300,000 59,399 1,974,575 1.830,123 46,648,231 10,874.857 47*4 "loo 300,000 Common. Preferred. 100 i5o "loo" I06" Oakland— MontgomeryBank. Alabama Nat First Nat Bank 242,319 ::r: 100 Union Bk & Tr Co— Common.... ... 1,839,289 ,7H Pasadena— 557,548 6,006,601 400,000 600,000 150,000 300,000 j 759,826 14,536,219 42,228 274,244 1,952,007 3,994,078 d 962,500 50,000 1,443,974 246.250 30,149,008 1,586,693 5,712,390 100 d Preferred 100 re cent 1,290,799 100 sa 100 Common....... Preferred Selma— City National BankPeople's Bk & Tr OoSelma National Bank Selma Tr & Sav Bank 2,431,176 1,348,766 1,403,713 1,471.874 213.480 58,663 211,020 120,423 400,000 120,000 200,000 350,000 25 42 95 48 100 100 125 ,90 :d 160,855 108,975 69,398 175,000 114,225 3,554,048 dl .500.000 485,539 Diego— First Nat T & S Bk_ San Diego Tr State Institutions AlVlAiA/iNA 20 ♦250" 100 . & S I June 30 :d 250,000 490,000 600,000 200,000 N 100 25,598,942 d San AD 17 AM A 145 25 Sacramento— 145,000 National Ranks June 30 j (25 150 100 J 824,554 12,861,226 169,585 46,557 8,194,706 3,182,752 100 4 2*4 95 105 125 100 les 100 10 Q 125 0 osmmmrn "85" 125 125 135 Nomi nal. Per Bisbee— Miners & Merch Bk. Phoenix— First Nat Bk of Ariz. Phoenix Sav Bk & Tr 4,145,878 200,389 250,000 100 866,455 165,117 550,000 247,500 re TucsonSou Arizona Bk & Tr J 743,050 cent sa 37,187,592 les 16*4 Wells Fargo Bank L Union Trust Co— 250,000 8.354,170 436,566 Yokohama Specie I American Tr Co- 100 Common Preferred k D V" k fcTC A C AKIvAIiijAij June 30 7,500,000 7,500,000 J6,773,475 600,000 845,636 dl45,000 i 101,254 Common iVomitna*. Per Fort Smith— \ share n!o 100 299,000 500,000 500,000 88,550 517,894 541,845 2,888,871 7,232,578 9,692.533 Little Bock— Commercial Nat'l Bk Peoples Nat'l Bank.. Twin City Bank Union Nat Bank— 300,000 200,000 100.000 471,675 112,610 40,824 8,694,309 20 49 52 3,342,081 1,104,301 25 25 30 Common...... 300.0001 City National Bank. First National Bank- Merchants Nat Bank Preferred........ d W B Worthen Co recent 100 25 sa les 25 564.700 Preferred 435,300 Stockton— First National BankStockton S & L Bank Union Safe Dep Bk.. ♦ j 193,764 200,000 1,000,000 375,000 520.412 830,000 124,146 266.043,366 10,315,228 100 286 295 p |20 33 35 48 50 100 260 275 1,618,702 12*4 ...... 125 9,821,441 (100 1100 4,611,763 11,148,752 2,668,400 ------ N o 100 re cent 100 sa les 100 Sale price. t Controlled by the Transamerica Corp. of San Francisco, Calif. Outstanding preferred stock consists of $1,085,900 1st pref. of $20 par value and retirable at $50 a share, and $700,000 of 2nd prer. stock. 185,500 J 322,560 670,500 336,051 9,690,276 120 120 15,218,082 50 32 "so' 36 i Dec. 31. 1937. Savings deposits. c d Common and preferred stock outstanding. May 19, 1938. e 15*4 250 a Pine Bluff— Nat B of Commerce Common........ Preferred... Simmons Nat Bank. 8,631,891 227,351,565 4,378,470 310,633 9,000,000 1,000,000 Santa Ana— Commercial Nat Bk_ First National Bk State Institutions 195 12!i San Jose— First National Bank- National Banks June 30 15 80 47*4 50*| 50,000,000 62,231,748 1357778 710 1,500,000 /2,217,422 18,854,965 105,082 2,118,734 100 500,000 4,428,969 100 "212" 216" 191,481 1,000,000 174 471,648 19,252,218 100 171 1,300,000 325 6,000,000 7,996,647 129,031,999 100 280 The San Fran Bank6,000,000 8,772,713 158,165,238 1000 11,500 12,500 380,869 7,780,378 100 115 Pacific Nat Bank 1,000,000 Bank of America Bank of Canton Bank of Montreal— o 20 5,598,600 204,842,101 8,317,688 110,890,871 & Savs Assoc..,. 15,883,174 t 20 4,473,741 t 25 Valley Nat Bank— 600,000 1.221,400 San Francisco— Anglo California 15,400,000 6,800,000 N Common........ Preferred..... share /June 30,1937. 50,000 50,000 400,000 } 71,364 880,788 2,088,553 (100 1100 10,377,627 100 Quotations for the San Diego 0 of the stock of the First 1 Last sale price. V Par value 100 yen. First National Co.. which controls 97% National Trust & Savings Bank of San Diego, Calif. 325 n New stock, National Banks CANADA (paw 111) COLORADO Capital $ Wilmington— $ 305.421 210.000 500.000 i3,630,431 625.000 il ,021,927 678,860 203,175 793,127 1.000,000 1,500.000 2,723,080 951,210 672,600 i Industrial Trust Co. Gross Deposits Ask Bid Par $ Union Nat Bank Delaware Trust Co.. Equitable Trust Co. Security Trust Co Wilmington i>oo 4,000,000 11,952,791 . 135,300 1,661,712 100,000 81,690 2,388,746 _ 314,724 407,242 6,614,185 9,661,344 First National Bank. 100 531,318 7,654,252 J 50 Anacostia Bank o a 5,051,539 I 60 100 City Bank 97,881 100 2,211,614 18,782,972 2,586,701 3,420,240 10,421,242 15,044,564 9,109,898 65,112,994 50 25 40 25 72 100 25 165 65 140 "68" 220 230 60 50 NaZZl, T" DIST.OF COLUMBIA °"MAn^ion' Nomi nal. Per share. Washington— 300.000 1 150.000 a 350.000 1,000.000 11,566,095 800.000 125,425 60.000 1.260.000 1,715,853 Denver Nat Bank 1.500.000 2,779,695 First National Bank38,464 100.000 National City Bank. a 20,639 a 100.000 Union National Bk u 8 National Bank.. 550.000 2,184,337 1,681,004 500.000 International Tr Co. Common Preferred Colorado State Bank . 36,587.140 100,000 Hamilton Nat Bank. (100 1100 1,653,822 30,016,880 52,380,600 1,078,462 734,792 25,005,722 15,967,751 1.000,000 500,000 Liberty Nat Bank 100 n o 60 re cent Lincoln Nat Bank McLachlen Bkg Corp 100 sa les Nat Bank of 400.000 "loo 100 100 Mlnnequa Bank 19,368,184 2,005,260 100,000 1 200.000 63,734 4,713.641 299,047 541,155 268,558 824,047 375,000 i 810,379 i 209,110 i 658,394 i 197,811 1,891,303 100 1,790,879 8,072,213 4,728,500 3,261,613 23,145,198 6,426,190 10,136,027 4,797,013 11,208,425 2,522,095 21,980,529 150 10 16 100 220 100 220 20 25^ 100 157 100 50 27 ^ 161 200 75 122 100 138 100 230 3.000,000 14,894,362 1.217,500 395,631 a572,500 302,209 a588,000 3,400,000 4,927.989 88,231,675 /100 264 100 100 60 100 50 128 100 240 250 1,000,000 11,978,634 500,000 1,268,597 2,000,000 1,077.132 2,000,000 1.000.000 x2,343,271 15,165,272 (100 200 220 5,338,917 9,744,491 Too 100 75 95 23,486,067 100 232 240 200,000 800,000 Riggs National Bank Common. 100 Amer Secur a Tr Co. 100 Nat Sav a Tr co— Common Pueblo Sav a; Tr Co Common........ Preferred.... 77,996 100 Nat Capital Bank Nat Metropol Bank. Pueblo— 1,146,561 134,851 345,000 a Wash. cl,050,000 Preferred 500.000 30.000 145,000 i 490.000 f 250,000 i Columbia Nat BankBank of Co mm a Sav Second Nat Bank Secur Sav a Com Bk First National Bank. 148 'i 100 Dearer— Central Sav Bk & Tr Colorado Nat Bank 80 1100 American Nat bk— Common.. Preferred Ask Nomi nal. Per share. 110 300 (100 84.500 300.000 300.000 Common Preferred class a__ Bid Par Deposits 20 60.000 Exchange Nat Bank. Gross Surplus & Profits June 30 Nomi nal. Per share, Colorado Spgs.— Colorado Sav Bank.. Colorado Spgs Nat b June 30 Institutions State Central Nat Bank Farmers' Bank. Surplus & Profits Institutions State DELAWARE June 30 Capital National Banks June 30 101 TBUST COMPANIES AND BANKS Aug., 1938] (100 Income debentures Uoo Munsey Trust Co Union Trust Co Wash Loan a Tr Co. National Banks 8,389,389 7,278,879 50,628,556 80 Institutions 8tate FLORIDA June 30 290 June 30 "Sr CONNECTICUT sta"Z^wn' Nominal Per JacksonviUe— Nominal. Per Bridgeport- share. 264,983 500,000 I 1,470,000 124,049 100,000 2,200,000 1,236,446 Common........ Preferred Brldgep't City Tr Co 7 20,888,427 [7ti m 1,425,328 25,738,355 . 9 - - b 7K 60 70 25 35 37 f 25 a 100 North End Bk a Tr Common 25.000 125,000 ..... 1st preferred..... 2nd preferred— 50,762 1,481,393 231,376 Preferred 50 1100 203,513 1,015,861 952,494 126,000 4,310,298 199,653 1,982,450 142,689 3,519,616 165.343 167,371 102,711 300.000 150.000 First National Bank. Glaa ton bury Bk a Tr 1.160.000 100.000 4,000.000 Hartford Nat Bk a t industrial Bank Pnoenlx St Bk a Tr. 100.000 1.600.000 100.000 4.000.000 East Hartford Tr Co Hartford-Conn Tr Co Park Street Tr Co.. Riverside Trust Co. 250.000 81 ma bury 125.000 100,000 Bk a Tr Co 3,001,261 8,263,761 13,762,767 1,643,045 61,257,773 298,074 34,703,030 25 22 30 450 100 105 25 1,785,033 40.597,740 3,253,869 3,168,182 1,935,927 366" 25 25 "59" 25 25 63"" 60 50.000 60.000 500.000 200.000 100.000 Preferred Travelers Bk a Tr Co West Hartford Tr Co Windsor Trust Co.. 1 53,010 (100 10,592,374 3,265,737 1,535,325 367,467 5,720,243 1,481,898 6100 100 1/100 140 100 500,000 Merlden Nat Bank.. Merlden Tr a 8 d Co Puritan Bk a Tr Co. 150.000 65,037 100,000 160.000 108,263 52,681 5,789 1,304,301 25 25 20 21 25 100 15 20 160 180 25 572,041 12,002,198 100 150 120.000 1 68.000 100.000 207,608 4,767,716 ( 20 32 35 211,660 5,208,977 200,000 i 521,751 8,365,106 400,000 200.000 456,043 5,218,738 3,329,727 100 185 110 200 147,698 50.000 200.000 28,000 50,002 1,047,000 1,864,600 100 200,000 272,076 6,253,530 25 100,000 1.250,000 34,220 480,543 890,452 155,253 776,157 14,182,909 15,310,865 1,678,648 100 First National Bank. al.300.000 First Sav a Tr Co 500,000 Beach Common Prior preferred... Conv preferred... New Haven Bk nba Second Nat Bank Trad em en's Common Nat 235.000 167,792 2,556,690 <7 First National Bank. 756.000 472.500 920,000 1,023,597 26,768,130 50 American Nat Bank. St Augustine Nat Bk h 33 0 TampaBroadway Nat Bank Exchange Nat Bank. 750.00t> 9,349,118 12,945.500 73,548 2,944,061 Preferred Un a n Haven Tr Co 170.000 180.000 .458.700 , 100 100 50 14,492,580 Nat Bk of Commerce 57,741 1,193,669 100 200.000 251,553 6,016,754 100 June 30 Institutions State GEORGIA June 30 77 Nomi nal. 95 300.000 482,454 200.000 i 105,144 Cltls A So Nat Bank. r5,000.000 3,135,891 First Nat Bank 5.400,000 4,587,369 105 Common; 4,229,657 100 50 re cent Ga Sav Bk A Tr Co.. 100 100 sa les Trust Oo of Georgia Preferred n 345,904 Wtnthrop Trust Co.. 79,164 202,561 48,922 2,523,484 1,528,318 270,000 550.00C 200.000 333,063 155,818 2,769,371 25 19 1,588,028 100 110 300,000 885,281 Norwich— • 1,000.000 200.000 700.000 1,305,933 660,271 1,089,500 11,215,417 5,366,474 8,841,941 100 Fidelity TitleATr Co Stamford Trust Co.. 120 100 i45 600.000 715,832 11,203,849 100 125 230,700 5,017,644 f 25 '2.790,473 9,276,532 3,087,753 no 15H 30 ... . 1.000.000 I 997,375 475,000 227,299 997.500 t e2,000,000 2,690,044 a 30,156,693 /100 1100 3,261.698 100 21,322,574 /100 60 31 260 680 Sale price, t Branch of Savannah. a 155 Includes preferred stock or debentures outstanding. 155" e 250.000 264,000 1,000.000 300.000 192,748 . 65 the Barnett National Bank of Jacksonville. Fla. i March 7. 1938. k New 32 250 100 Member of the Florida National Group. h Affiliated with 22 100 I 32 stock. I Last sale. 75" * Affiliate of the First National Bank of Atlanta. Ga. /Dec. 31. 1937. g Preferred share 100 10 d Member of the Atlantic Group In Florida. 145 100 Waterburv— Colonial Trust Co... Waterbury Trust Co 647,485 75,704,836 91.941,506 b Retirement price. 8tamford— First-Stamford Nst'l Bank a Trust Co. Water bury Nat bk— Common.... Per AtlantaAmerican Sav Bank. National Bank... Union Bk a Tr Co— Cltls a Mfrs* Nat Bk 60" Fulton Nat Bank— City Thames Bk a Tr.... Uncas-Merch Nat Bk 110 120 100,000 _d National Banks 100 1,077,589 70 100 100 58 100 100 100 36 New LondonNew London 100 Bk ........ 125 Beach At¬ 125 55 50 100 West Palm Beach 645 120" 74 909,185 896,561 800.000 20 100 4 105 45 100 i Pemacola— lantic Nat Bank 95 25 First Common.... 15 100 71,635 115 100 Orlando— First Nat Bank- w est Palm a 135 125 300.000 Miami Fla Bank a Trust Co. New Haven— Arner Bank a Tr Co First Nat Bk a Tr Co 100 125 293,805 65,740 Tr St. Petersburg— Florida Nat Bank Merlden— Home National Bank 100 100 St. Augustine— Exchange Bk St Aug 912,469 I 25 793,454 247,500 119,187 627,112 100,000 f 400.000 100.000 i Little River Bk A Olt a People's Nat Bk 25 So End Bk a Tr co— Common...... 83,760 i Palm Beach 7 280 25 • 1,200.000 Preferred "27li 10 25 100 1,521,975 10 26"" 2,113,927 35,358,151 111,144 8,054,955 2,255,716 Florida Bank 50 170,223 200.000 i ' National Bank Hartford- Capitol Nat Bk a ti Conn River Bkg Co 21 v Florida Nat Bk A Tr Q 45 1,416,286 I 25 25 share 180 100,000 First Trust Oo. 1100 25,000 165,000 99,500 Common...... 9 100 v" Miami— First National Bank. West Side Bank— 10 Lakeland— Florida Nat Bank... Q Amer Bk A Tr Co (100 41,323,861 22,587.774 28,518,693 <71,500,000 Florida Nat Bank First Nat Bk a Tr Co Black Rock Bk a Tr. 1,279,246 1,334,449 1,139,632 Atlantic Nat Bank.. d3.000.000 Barnett N B of Jack. 1,500.000 r Combined statement, f Trust funds. % Ex-dividend. y Stock all owned by Travelers Insurance Oo. "70"" 710 103 BAMS National Banks Mate GEORGIA June 30 AND COMPANIES TRUST Institutions National Banks June June 30 ILLINOIS 30 State institutions June 30 l Gross Surplus & Profits Capital Par Deposits Bid Ask Surplus & Profits Capital Gross Par Deposits Norm nat $ $ Augusta— Georgia RR Bk A Tr 750.000 Cltlz A So Nat Bank- r6.000.000 Nat Exchange Bank. 9 400.000 9 850.000 $ Per 520,660 3,135,891 150,715 7,933,844 75,704,836 2,777,740 822,435 116,601 146,500 48,817 336,813 100 share Bid Ask Nomi nal. Elgin— $ $ Per $ share - 144 Klgin Nat'l Bank 72,895 100.000 / First Nat'l Bank 300,000 Union Nat'l Bank... "15 H tio 100.000 701,277 135,081 100 89 5,687,756 1,445,972 100 100 110 Cent Nat Bk A Tr Co 600.000 785,305 100 75 80 2.000,000 1,852,166 1,200,930 2,861,659 100 120 125 Com Mer Nat BkATr Klrst National Bank 1,031,307 1,389,453 100 30 100 200 35 220 Columbus— N 1,416,180 7,552,934 1,764,465 100 100 100 10,162,961 23,337,233 14,238,651 84 85 20 18 20 20 48 50 rec sa 0 ent les Peoria— Columbus Bk A Tr_. First Nat Bk of Ool_. Fourth Nat Bank- 200.000 300,000 75,000 200,000 Home Savings Bank Merch A Mech Bank 660,000 1 Jefferson Tr ASav Bk Common 2,392,120 I 50 50 55 100 64 65 20,353 677,197 6623 40 60 72,716 3,529,260 1100 45 50 120 40 130 50 200.000 1/ 122,084 90,000 150.000 / 85,203 Capital notes South Side Tr A Sav B Macon— 50 1,247,805 " Oitlz A So Nat Bank. 3,135,891 82,800 233,841 r5.000.000 City Bank A Tr Oo__ 110,000 First Nat Bk A Tr Co • 500.000 75,704,836 1,328,000 6,468,477 tio 100 14 % 15K 100 10 Quincy— B'dway Bk of Quincy 111 State Bk of Quincy 100.000 f — Common Savannah— 200,000 197,000 Debentures Oitlz A So Nat Bank. 3,135,891 168,453 245,577 r5.000.000 600.000 Liberty Nat Bk A Tr i Savannah Bk A Tr. 665.000 75,704,836 4,152,994 3,485,184 10 14^ 153* Mercantile Tr A 8 Bk "50 " ~50~' Peoples Bk of Quincy 8'thSideBk of Quincy 5 100 Citizens Bk A Tr Co State St Bk A Tr Co. Common 200,000 138.000 Debentures-... j 1,428,086 95,566 | 144,258 44.416 17,681 108,468 200.000 100.000 / 50.000 / < 297,000 — 100 5,482.547 744,024 654,875 1,462,829 100 100 40 100 —— 100 tt Eockford— ... . Illinois Natl Bk A Tr Co Swedish-Am Nat Bk_ 389,175 180,138 273.345 200,000 250.000 / 500.000 / < Thlrd Nat'l Bank 100 9,258,541 4,969,336 7,756,822 m 40 «• mmmmm Springfield— National Banks State IDAHO June 30 First National Bank- 300.000 Per share 527,486 9,tl6,215 100 180 200 258,109 Nomi nal. Boise City— 500.000 / Illlnols Nat Bank- Institutions June 30 4,931,027 J 50 110 120 383,534 11,423,484 1 Springfield MarineBk 500.000 ail 100 "125"" 145"" Id a 1st NatBk ofBoise 600.000 1 694.000 id in on Preferred __ wirst Security Bank. Boise Trust Co <1.070.000 629,228 21,819,588 100 N 0 re cent 1,730,411 25,086,386 100 sa 47,817 90,409 100 126.000 / les National Banks National Banks ILLINOIS June 30 State INDIANA June 30 Institutions June 30 State Institutions June 30 1 1 Nomi nal. Per share AuroraAurora Nat Bank 160.000 300,000 384.200 / 161,058 200,199 77,383 3,254,940 4,770,451 3,109,359 250.000 / 300.000 / 100 200.000 2,499,224 6,192,892 2,378,611 100 First National Bank. 35,340 226,368 261,490 171,358 1,131,685 Belleville Save Bank- Merchants Nat Bank Old Second Nat Bank 100 N o 100 re cent 100 sa les Clair Nat Bank- 150.000 100 100 Franklin Bk A Tr Co Indiana Tr & Sav Bk. Bank North Side Bank 260 150 State Bank-. Am Nat Bk & Tr Co_ Auatin State Bank.. 200.000 <1,600.000 77,987 1,111,839 200.000 126,522 Beverly State 8av Bk 100.000 / 300.000 Central Nat Bank-- City Nat Bk A Tr (Jo Oont 111 N B & Tr Co 4.0UU.UUU 71,204 154,301 2,792,175 3,136,152 51,592,206 4,550,045 2,306,504 6,416,529 123,770,152 100,000 500.000 < 199.000 100 40 175 185 20 30 100 80 90 10 11 500.000 500.000 Mutual /l,500,000 Common } 343,201 Preferred Drovers Nat Bank.. First National Bank Englewood Halsted Exch N at Bk Hamilton State Bk._ I-O National Bank.. Kaspar Am State Bk 100,000 V 100.000 446.250 ' l.OOU.OOO 30.000.000 34 200.000 200,000 200.000 i 200,000 250,000 i Lawndale Nat Bank Common.. 275.000 325,000 300.000 Preferred Liberty Nat'l Bank Live Stock Nat Bank Madison-Crawford . Natl Bank 120 125 71H 72 X a33'3 Merchants Nat Bk Metrop State Bank. Mid-City Nat Bank Milwaukee Av N't Bk < _ . Mutual Nat Bk of Ch i 400.000 200.000 400.000 600,OOt) Nat') Boulevard Bk. 500.000 National Security Bk North Shore Nat Bk. 200.000 i Oak Park TrASav Bk 200,000 500.000 200,714 1,580,436 Personal Ln A Sav Bk 2.000,000 Pioneer Tr & Sav Bk i 750.00<i Sears-Oom State Bk. 644,899 243,589 2UU.000 Security Bk of Ohlc. Skala Nat'l Bank- 700.000 South East Nat Bank 200.000 120,000 200.000 Terminal Nat Bank. Cfniv St Bk of Chic.. i Upper Ave Nat'l Bk_ Uptown State Bank. West31stS'ate Bk.. 298.000 300.000 300.000 100.000 200.000 Western Str.te Bank Amalg Tr it Sav Bk. Banco dl Napol Tr. Ohlc City Bk A Tr.. 1 Drovers Tr A Sav Bk i East Side TrASav Bk Uarrls Tr A Sav Bk. Lake snore Tr A S Bk 400.00U 300.000 800.000 r 128,987 41,166 331,597 303,110 251,862 180,788 25,928 157,152 336,492 157,755 989,2)3 437,251 550.000 '200,000 66,195 6,000.000 10,570,646 i 794.000 247,612 Lakevtew Tr A 8 Bk. 600.000 Mercanvile Tr A Sav. 600,000 Northern Trust Co.. 3,000.000 Pullman Tr A Sav Bk 300.000 226,147 73,682 200.000 State Bk of Clearing. 4,069,850 5,743.371 18,357,088 5,116,185 3,092,017 10,135,360 5,0^0,547 9,301,814 5,600,675 15,482,618 7,169,08^ 3,680,217 8,183,259 6,986,878 16,574,103 8,684,438 31,814 2,836,304 6,535,825 2,561,050 6,041,858 5,936,531 6,296,889 550,090 176,695 46,889 100 100 100 Ft 7,445,109 676,465 7,222,820 4,813,114 21,805,293 22,039,367 10,915,259 847,069 223,876,221 10,339,734 26,048,782 15,300,820 1,2S2,521 473,847 9,905,401 327,698,250 348,796 8,446,752 110 110 175 100 100 100 150 110 160 100 100 110 [100 125 150 1100 13.873,253 100 101 8,132,065 150 224 220 100 100 28 35 125 11 14 18 100 190 205 20 60 65 100 140 100 75 150 85 100 185 195 100 "95" 105" 100 80 90 20 24 100 20 120 130 50 50 60 100 175 185 100 15 50 "75"" "80" 100 135 145 100 170 180 25 26 31 100 100 100 124"" 134" 100 20 100 100 y 457,136 Dime Trust A Sav Bk 8,718 200,000 1 50.000 J 1,076,828 300.000 Common Debentures People's Tr A Sav Co 0 20 re cent 1 20 sa les 14,515,081 [ i,040,241 20 11,348,184 20 "22"" "24" 60 185 70 891,387 400.000 275.000 / 20,707 11,782,429 2,084,117 100 75 100 100 10 14 100 125 Indianapolis— American Nat Bank 1.000,000 11,078,526 Common Class A preferred. 825.000 Fountain Sq State Bk 100.000 Indiana Nat Bank_. 4.000,000 Live Stock Exch Bk_ < 200.000 Madison Ave St Bk 50.000 Marion Co State Bk. Bk. Merchants' Nat People's State i3ank_ 1 65.000 1.250.000 < 300.000 500.000 < 31,764,239 f 107,773 2,015,920 6,445,285 116,066,131 192,240 1,234,630 22,843 812,425 3,746 517,096 2,246,896 29,977,162 44,860 2,149,710 415,774 3,184,152 187,061 4,189,203 < Bankers Trust Co Fidelity Trust Co 100 20 18,161,196 N 400.000 420.000 Preferred 32 180 10 541,710 1.200.000 Wayne Nat Bank Common < Gary State Bank Gary Tr A Sav Bk__ < 28 140 170 120 I10 123,486 184,734 886,868 161,160 53,885 75,294 109,916 221,823 238,110 200.000 40 11,990,315 11,218,663 24,935,266 100 225 100 100 Gary- 2,748,865 f 20 1 30 357,878 1,507,697 200,000 200,000 500.000 200,000 M erch a ndise N at' 1 Bk Nat'l Builders Bank. 331,955 1 000,000 Main State Bank 67,126 152,582 6,804,817 977,670 25,478,297 545,444 930,474,455 763,027 5,379,357 194,586 6,110,486 42,507 1,990 903 60,140 2,47.5,920 74,492 2,405,366 100 share. Fort Wayne— Lincoln Nat Bk A Tr District Nat Bank— ... 100 200 160 Old National Bank— 14 10U 50,000.000 125636682 1152676845 f33i, Preferred 25.000.000 \33i, Cont Nat Bk A T Co 1,500,000 460,749 1,224,917 100 Oosmopollt'n Nat Bk < 250.000 49,349 2,388,805 100 . 100 14,407,577 1,214,815 1,377,684 1,252,881 925,671 12,133,267 1,703,688 100 Common Preferred Drexel State Bank.. 32,484 19,881 47,488 652,475 28,431 147,000 National City Bank- 100 30 250 125 Chicago— First Nat i Peoples Savings Bk__ Aetna Common Per 817,635 180,179 500.000 100.000 f 145.700 / Citizens Tr A Sav Bk Laraasco Belleville— Belleville Nat Bank. Bt Nomi nal. Evansville— Oitisens' Nat Bank.. 283,000 16 alO 10 100 100 100 • "300"" 100 100 "226" 100 49 100 100 rnmemmm Fletcher Trust Co— Common 1,500,000 1 865.000 37,074,813 1,110,914 100 399,200 1.000.000 212,692 2,359,802 15,717,806 3,653,845 100 65 75 21.964,935 100 320 350 2,468,076 10 100 100 < Security Trust Co Union Trust Co South BendCity Nat Bank.. Citizens Tr A Sav Bk First Bank A Tr Co. < Merchants Nat Bank i St Joseph L A Tr Co < jlOO 250.000 / 250.000 / 799.000 f 143,110 152,891 254,070 1,509,854 10,137,279 250.000 900.000 / 146,493 4,088,037 2,806,542 142 ~160" 190" 100 16,709 100 ity Terre Haute— Merchants Nat Bk Common Preferred Terre Haute 152 929,412 l.000. ooo - Debentures Indiana Trust Co N I H 250,000 250.000 J/ 113,251 500.000 320.000 J 908,127 First 5,159,887 jei-t les [100 I100 Nat Bank— Common Preferred- * I 50 '83" "87" 100 140 loo 295" 305" 150 17,024,537 [ 20 \ 10 50 57 60 100 215 118 125 530 100 160 540 -■ 175 Preferred stock retirement price. b Dec. 31. 1937. d New stock. 225 100 100 Sale price, t Branch of Savannah. a e , Affiliate of the First National Bank of Atlanta. Ga. f March 7,1938. i Common and preferred stock or capital debentures outstanding, n Reserves. r Combined statement. V Ex-stock dividend. 1 O re sa 100 100 240 ...» 100 100 I « mmmm 195 100 *»«•«» 340 140 128 ' ;3. .... v Aug., 1938] BANKS National Banks - Burlington— 75.000 200.000 Ask Bid Par Baton Rouge— 100 2,106,831 2,882,816 51,774 41,926 200,000 People's Say Bank.. d 260,000 60,000 87,140 1,808,328 126,595 26,978 600,000 United State Bank 26 22 25 2,676,344 29,154,775 4,159,323 962,452 100 160.000 160.000 First National Bank. Common Preferred 63,000 37,000 t V 66,715 State Sayings Bank. 100.000 89,872 145,454 166,013 1,000,000 1,150,000 j 1,231,204 cent les Common Preferred 100 Hibernia ... Natl Tr. Dee Moines— Bankers Tr. Co- 600.000 1,090,977 Nat Bk of Commerce 100 Common Preferred. Louisiana SB & T Co 100 26,741,863 1 1 1 1 1,500,000 \ 1.200.000 J Cap City State Bank . 19,985,688 f 25 46,999,269 First National Bank Commercial Nat Bk_ 105"* 120 Cont'l-Am RATrOo 21,402,778 1100 1100 1,608,840 115 926,039 39,291,680 1100 130 100 2,910,200 109,930 ■ 560,000 450,000 150.000 Des MoinesBk&TrCo d 659,657 cioo '55"" Common... Preferred 1,550.000 1,450,000 I 20 \ 20 ' 25 28 25 / 20 166 25 * 100 100 100 8,294,280 125 120 98 16,030 249,943 100 4,450,637 100 118 300.000 250.000 9,147,417 4,212,002 -I 400.000 ! I 300.000 300.000 I 237,696 213,104 359,686 216,277 70,452 10 5,962,129 4,586,830 hlOt 6,939,454 101 5,970,698 101 2,105,064 101 Depositors' Trust Co 129 102 Nomi nal. Per share First Nat Granite Bk d 100 : 400,268 107,499 135 125 June 30 150 50.000 160.000 - Institutions State Augusta- 1100 282,708 27,675,880 19,477,115 772,443 301,309 MAINE June 30 -95" no" Valley 8av Bank 24 X 47,959,098 [ 910,806 1,147,406 1,000,000 1.000,000 700.000 National Banks 65 iewa-Des M oines N at Bank & Trust Co: University State Bk. 22 \ 20 125 25 Cent Nat Bk As Tr Co Common Preferred 21 | 20 Shreveport— 31 c25 713,649 25 180 H 1100 145,865 2,290,468 6,460,394 114,200,249 208,000 2.800.000 Whitney Nat Bank. ..... 1 41,864 400,000 600.000 160.000 110 32,889,515 flOO • Common Preferred 105 J100 \ 80 00 00 00 00 00 J 787,924 Preferred C100 \100 Dayenport— Davenport Bk 8,950,600 15 Bk Common... 1,410,277 1100 1,625,572 14 111 Amer Bk & Trust Co o sa 101 2,469,968 3,867,034 Ask New Orleans— 100 N Oeun Bluffs Say Bk. j 383,464 20 re Council Bluffs— City National Bank. 300,000 260,000 9,413,951 J 376,705 Preferred , Bid Nomi nal. Per share. $ 300,000 250,000 Louisiana Nat Bank Common Preferred Par Deposits $ S City National Bank Common 100 Institutions June 30 Cross Surplus & Profits Capital Nomi nai. Per share. State LOUISIANA June 30 Cedar Rapids— Guar Bk & Tr Co Merchants Nat Bank 103 Cross Deposits S $ Farmers A Merch 8 B Nat Bk of Burlington National Banks June 30 Surplus & Profits Capital COMPANIES Institutions State IOWA June 30 TRUST AND 900,000 b 611,425 343,869 446,147 8,248,983 9,059,013 294,090 952,042 9,605,916 7,737,879 10ft 32 25 35 Dubuque— First National Bank. Amor Tr & Say Bank Sioux City— First National Bank Bangor— N Live Stock Nat Lank Toy Nat Bank Security Nat Bank.. Woodbury Co Say Bk 250,000 100.000 National Banks Merchants' Nat Bk. Eastern Tr & Bkg Co cent Merrill Trust Co- sa les 1,000.000 200.000 600.000 750.000 J 509,959 600,000 200.000 400,000 400,000 Preferred 461,242 193,819 251,841 321,829 Nat Bk of Commerce Portland Nat Bank— Common Exchange Nat Bank. 150.000 b First National Bank. 250.000 300.000 1 181,174 J 20 Preferred A Preferred B 495,000 92.550 J N!o National Banks 100 re 100 25 36 35 40 50 59 64 C40 64 40 I 50 "59" Institutions State MARYLAND 10u 21 33 20 11,881,587 486,909 100 40 100 sales cent June 30 June 30 Numt nal Baltimore— .... E (change State Bank First State Bank 6 200.000 10,524,500 f 10 I 10 10 100 100 4,985,293 flOO 200 1100 442,000 ... 100 100 250 149,305 75,000 2,574,372 1,086,796 59,269 if* 125 Security Nat BankCommon..^... 106.000 1 Preferred 94,000 100.000 River view State les 25 8,049,554 3,776,807 4,985,289 6,719,671 Kansas City— Cemm'l N Bk of K C Common Preferred cent 1100 f Nomi nal. • Per \share 100 1,531,825 2,331,615 5:465,178 64,955 135,726 226,224 0 • 12,130,085 482,450 June 30 Butohinson— 150.000 b N sa 100 Portland— Canal National Bank Casco Bk & Tr Co First National Bank. ■ American Nat Bank. 100 re Common. State Institutions KANSAS June 30 o re 101 Bk. 259,071 437,114 4,200,908 300 Leavenworth— First National Bank. Leavenworth Nat Bk 150 000 157,783 252,889 26,079 150.00C 50.000 Manufac'rs State Bk 100 2,316,691 2,628,969 912,196 No 100 re cent 100 sa les Topeka— Central Nat Bank Central Trust Co... 500,000 400,000 Citizens State Bank. d 77.500 b 200.000 b Fidelity Say State Bk Guaranty State Bank Common.... Preferred Kaw Valley State Bk 70,000 In 130.000 50.000 Merchants' Nat Bk. Nat Bank'of Topeka 200.000 500.000 100.000 100.000 n ' 421,709 273,212 6,710 75,781 10,209,439 1100 1,013,099 1 572,328 100 2,189,284 100 45,554 1,104,908 (100 59,440 172,930 545,763 27,880 37,064 200.000 219,863 4 6 600,000 11,094,213 30,188,503 Preferred 900,000 ' Calvert Bank d 378,400 9,536,700 375,000 Canton Nat Bank.. d 128,612 3,630,839 300,000 Carrollton Bk of Bait 246,404 1,598,463 80.000 Oommonw'lth Bank. 185,500 1,277,747 300,000 First National Bank4.000.000 6,617,362 154,738,567 Nat Cent Bk of Bait 496,837 400.000 6,319,159 Nat Marine Bank... 560,000 600.000 5,402,197 Western Nat Bank.. 541,659 11,703,569 750,000 Colonial Trust Co... 2,073,009 400.000 132,300 Equitable Trust Co. 2,000,000 1,295,738 34,616,702 Fidelity Trust Oo._ 1.000.000 918,996 19,394,814 Maryland Trust Co Common 1,000.000 33,821,193 Capital notes 1,650,000 Mercantile Tr Co... 1,500,000 3,879,623 24,608,837 Real Estate Tr Co.. 250,610 600,000 1,571,479 Safe Dep A Trust Co 2,000.000 4,276,497 19,258,916 Union Trust Co 3,000,000 U564.138 35,049,737 10 20 23 Baltimore Nat Bank Common First Nat Bank 125 150 175 75 125 25,882,465 22,493,145 1,081,577 2,288,424 10 381,215 20 50 "*75" 45 100 10 1 4 10 "§5" 15 25 17 65^ 100 50 *45" 20 30 20 25 53J4 42 y2 29 M 100 f.10 6 52 H 75 x 68X 12 H 14 220*" '215 100 63 100 510 10 8 525*" 9 Cumberland— 100 634,198 7,078,864 8,957,526 1,438,878 1,642,304 share 5,544,646 500,000 J 1,170,000 100 1150 State Savings Bank. n Topeka State Bank.. d n Wichita— First National Bank. 1.000.000 1,329,206 Fourth Nat Bank... 1.000.000 885,770 Kansas State Bank.. 100.000 b 21,620 Southwest Nat Bank 175 Per Bait Comm'l Bank. 75 d 398,000 152,950 100,000 1 99,500 500,000 220,572 5,665,510 100 1115 Peoples Bank— Common Capital notes Second Nat Bank 1,474,238 f 25 62,709 135 6,352,889 50 130 155 3,378,075 J 15 17 18 60 70 Liberty Trust Co— *01/ mr Common 100 Capital notes 150,000 298,500 J 176,949 100,000 200,000 125.000 214,007 486,037 4,731,665 1,561,129 4,814,252 100 20 102,215 1,655,479 15 15 c25~ 398,353 43,580 4,141,190 568,490 100 10 tnssmm iUU Union National Bank Frederick- Common Preferred Union Stock Yds Nat d 107.000 93,000 J 145,940 3,909,556 100.0001 b 29,728 960,308 Citizens' Nat Bank. | 62*1 I 62*a C02H 50 Oomm'l Bank of Md Farm & Mech N Bk. 982,627 f 25 Frederick Co Nat Bk Common National Banks KENTUCKY June 30 Preferred Fr'k Town Sav Inst. Institutions June 30 Ooviiigton— Per 150.000 West State Nomi nal. Citizens 100,000 Maryland Tr.. Hagerstown— Farmers & Merc Bks Second Nat Bank Nat Bank.. 200.000 448,741 100 4,736,920 100 share, 125 First Nat Bk A Tr Co Common........ 200,000 1 50,000 550,000 150.000 6 Preferred Peop-Lib Bk & Tr Co OovingtonTr&BkgOo 302,879 4,658,175 f 320,304 75,457 6,513,092 1,588,545 50 10 6 232,938 3,218,579 100 100 1,382,439 150,000 i 10 79,984 1,504,381 10 12 201,611 206,390 70,063 5,995,887 100 106 4,090,062 1,773,459 10 27 19 21 10 8M Preferred First Nat Bk A Tr Co Second Nat Bank Union Bank & Tr Co Security Trust Co... 9 "35" ~45~" Nationo' Banks MASSACHUSETTS s<a'V»<<ma Nomi nal. Citizens Bk & Tr Co. Common 14 30" 10 June 30 d d 105 200,000 b 81,420 350,000 1.000.000 1,121,056 150,000 b 306,000 160.000 b 205,355 500.000 b 472,769 Hagerstown Trust Co 8 340,000 b 90,000 407,000 200,000 Nicodemus Nat Bk LexingtonBank of Commerce. 75,000 1 54,000 25 1 4H 10 12,687,607 50 95 3,280,000 2,612,965 3,620,237 100 166"" 300 100 160 180*" 100 320 340 Bjston— Per First National Bank- 27.812,500 52,012,661 642,570,482 12H Merchants' Nat Bk. 3.000.000 5,649,140 91,377,335 100 40 Nat Rock Bk of Bos 20 1,500,000 2,863,608 31,063,886 Nat Shawmut Bank. 10.000.000 20,830,148 187,033,468 12H Second Nat Bank 2.000.000 25 4,752,828 83,229,750 Web A Atlas N Bk— 1,000.000 440,378 50 12,621,606 — LouisvilleCitizens' Union N B. 3,061,428 Fidelity & Colum Tr. 61,683,306, First National Bank. 62,572,771 1.000.000 2.000.000 1.000.000 Liberty Natl Bk & Tr dl .827.000 100,000 People's Bank Security Bvnk 300.000 Kentucky Title Tr Co 01.000.000 Lincoln Bank & Tr.. 750.000 inn.noo Stock Yards Bank... 53,233,072 1001 /248 260 7,593,360 io°2 90 35,501,586 100 93 325,999' 21,388,410 3 6 39,726 1,396,693 6 100 130 162,874 2,749,551 100 61,035,470 3,928,995 100 635,019 115 120** 12,131,320 101 6 101 205 119,914 1,553,975 Louisville Trust Co. dl.985.000 10 769,488 13,679,817 6K Unlted States Tr Co. 526.000 105,663 50 1,305,351 100 NewportAmerican Nat Bank. 100.000 135,237 1,649,064 100 100.000 Newport Nat Bank.. 410,579 5,745,080 100 1250* ...... 18* * Sale price, a New stock. b Dec. c 31* 1937 Retirement v . . . . „ price. d Common and preferred stock or capital notes / Citizens g Affiliated with the First National Bank of Louisville. h Member of Northwest Bancorporation. i March 7,1938. k Units. I Last Sale, n outstanding, Union Fidelity unified certificates. April 11, 1938. H 345 55 22 X share. 40K 355 57 22 127 135 36 39 % COMPANIES TRUST AND BAMS 104 National Banks n«X£Tu MASSACHUSETTS —JSgfiF* Capital Boston— Boston 8 Dep A Tr„ Columbia Trust Go_. 400,000 3.890,000 100.000 100 r280 36.133,930 2,184,243 12,991,150 2,740,813 1,846,267 e 655,878 3,655,262 e5,285,250 413,857 5,287,752 100 100 None <10 7,426,454 87,187,776 100 12,265,008 Detroit$ Commonwealth Bank fc3,850,000 Detroit Bank.. 195 47 Michigan Ind Bank 12 14 15X 17 Common Preferred 215 50 "75" 85"" 42 43 31 33 1.423.260 12,013,478 (711,808,053 f 20 I 20 1,263,691 41,587 g 150,000 e 350,154 100 100 629,543 g 5,332,241 600.000 37 40 23 26 22,580,512 20 21 25 9,537,293 3,173,729 4,541,052 20 20 30 19 22" 20 19 22 1,329,285 20 10 13 8,553,415 20 10 7,500,000 10.000,000 d 500,000 850;000 379,185,169 I 10 i J12335299 25 jl,150,000 United Savings Bank Common. Preferred 300,000 300,000 600,000 602,849 150,000 300,000 623.505 372,179 100 100 150 75 150 70 20,837,806 f 10 I 10 500,000 Class "A" pref Class "B" pref— 127.860 Common Preferred 44 20 7.739,819 Highland Park Trust 25 6,786,851 100 1,224,308 cl9.840.034 20 20 1,883,186 g 1 20 50 6,334,127 4,468.329 Un Guardian Tr Co. f 20 Je 403,261 101.260 Detroit Trust Co- Brookton— Cambridge— Cambridge Trust Oo County Bk A: Tr Co. Harvard Trust Co share Nat Bank of Detroit- 263 100 4,027,074 1,482,964 306,525 86,311 Brockton Nat Bank Common......... 1,196,911 c52.925,492 inal Equitable Trust Co- 300,000 100.000 Preferred .... Heme Nat Bank Per % 50 Common Beverly— Beverly Nat Bank__ Beverly Trust Oo___ % 1.500,000 11,790,000 C132505.750 f 20 20 3,610,000 50 3,000.000 3,629,422 115,061,172 100,000 e 55,529 144,138 100 Preferred 258 10 I Nom Mfrs National Bank. "165" 100 2,502,280 Ask Bid Par Deposits ' / 10 136,254 e Institutions June 30 Gross Surplus & Profits Capital Common 100 50 r400 36,698,080 450,000 Convertible pref.. Wlnthrop Trust Oo__ Ask Nomi nal. Per share. 700,000 11,421,695 Common Bid Par Deposits $ 2,000,000 e3,943,809 100,000 e 242,993 Day Trust Oo 1,250,000 Fiduciary TrustOo.. fc 600.000 New Eng Trust Oo__ 1,000,000 Old Colony Trust Oo <5.000,000 Pilgrim Trust Co— State Street Tr Oo._ U 8 Trust Co— Cross Surplus & Profits State MICHIGAN June 30 401,631 Flint— 1,000,000 c 10 500 12 450 10 67 70 Oit Com A Save Bk. fcl.000,000 Qenessee Co Savs Bk 700.000 e Merch A Mech Bank Nat Bank of Flint e 729,633 244,826 44,936 402,309 e 192,000 400,000 Everett— 600,000 Middlesex Co Nat Bk 820,399 9,426,619 10 243,899 534,639 114,934 e 5,452,821 7,918,145 3,300,782 100 150 100 Grand Rapid*— Central Bank Fall Elver- 400.000 427,500 300,000 Fall River Nat Bank Durfee Trust Co.... Fall River Trust 91 205 80 97,050 250.000 Nat Bk of Grand Rap Common 500,000 208,500 Preferred J 405,889 12 20 f20 Peoples Nat Bank— Common Fitohburg— 6,495,408 915,958 600,000 Safety Fund Nat Bk. 400,000 Preferred 100 225,000 N Gloucester165,686 233,569 120.000 300,000 Glouc Nat Bk of Glou Glouces S D A Tr Oo fc 100 10 20 2,818,024 1,596,5071 249,896 150.000 Cape Ann Nat Bank. 3,522,790' rec sa o 16 /10 10 24 26 41,919.157 10 10 100 g 939,401 20 8 '8 18 20 g 2,545,104 2,143,417 50 617,901 20 15 18 368,000 132,385 c 1,250,000 Common ent 2,001,923 1,000,000 11,656,301 1,750,000 400.000 138,165 250,000 361,262 Preferred les 15 10 7.635,458 j 447,853 Old Kent Bank— Grand Rapids Tr Co. * Union Bank of Mich. Michigan Trust Co.. 1.200.000 Haverhill— Merrimack Nat Bank 6,209,976 2,269,503 956,057 178,172 200,000 300.000 Haverhill Nat Bank. 100 10 10 SaginawSaginaw State Bank. fc Second Holyoke— Holyoke Nat Bank— Nat Bank Preferred 7,503431 138,227 275,000 380,000 Common........ 5,778,678 20 23 25 26,445,643 100 215 225 A Tr Co 60 50 50 Park National Bank 172,037 2,634,005 100 339,606 9,399,980 100 20 5 600.000 319,321 6,147,776 25 25 300,000 428,419 3,709,393 100 115 1.000.000 592,770 10,394,003 25 18 Common 100,000 Preferred 150,000 Hadley Falls Tr Oo__ fc 1.400,000 ________ Lawrence- Bay BtateMer Nat Bk National Banks Institutions State MINNESOTA June 30 June 30 Lowell— Appleton Nat. Bank. Union Old Lowell National Bank Nomi nal Per Duiuth— 22 Common Preferred Manufac'rs Nat Bk_ National City Bank Common.. Preferred Essex Trust Oo Lynn 8 Dep A Tr Co Becurlty Trust Co- 200,000 190,000 200.000 133,745 3,411,576 I 50 265,739 100 3,302,873 100 Nat Bk 69.416 2,'547,295 50 475,358 605,205 763,080 200,000 250,000 250,000 100.000 3,402,656 3,532,973 9,186,640 100 100 cent sa les 66*3 b 113,470 '2,149,869 blOO i 32,816 29,045 1,745,982 1,581,245 140,908,629 792,748 5,471,981 16,336,588 1,806,981 100 50 1.000,000 385 20 46 /50 Western Nat Bank.. k 100.000 100.000 100 100 50 400.000 : : 157 48" 721.500 500,000 425,000 224,449 525,000 439,027 13 H 50 7,107,067 20 9,109,323 5,669,172 12^ Minneapolis— Bloomlng'n-Lake NB Central Nat Bank Hennepin State Bank Marquette Nat Bank 34 9 Midland NatBk A Tr 100,000 150,000 100,000 b6.000.000 b 100,000 fc 380,000 fc 990,000 b 100,000 7,458,578 25,995 i 143,584 550,453 36,738 i <100 b 20 100 100 <100 blOO N'western Nat BAT Peabody— .. 200,000 85,538 30 100 1,798,263 Merchants Nat Bank 300,000 119,896 250.000 200,000 529,865 3,104,569 15 6,083,046 Third N'west'n N Bk i 4th Northwest Nat'l. fc University State Bk. fc 10 Preferred... 15 91,400 10 (Springfield— 426,175 Springfield Nat Bank fc2.000.000 Third Nat B fcT Co.. 1.500.000 2,611,045 1.000.000 Springfield 8 I> A Tr. 1,327,364 Union Trust Co 1,000,000 el,784,048 West Springfield Tr. 194,250 102,768 Bristol County Tr... 200.000 300.000 9 10 100 25 25 285 295 57 57 59^ 25 269,106 302,550 2,196,543 4,051.000 100 25 25 Woroester— Preferred Guaranty Bk A T Oo Worcester Co Tr Oo Common ..L,*,... Class A.......... 500,000 500,000 300.000 959,334 14,333,890 1100 239,472 1 b._ <--_ 1 14,815 133,273 132,538 37,028 172,281 61,625 125.000 1,325,716 1,046,033 1,460,430 2,674,486 1,182,059 4,845,178 plOO 1,713,819 100 <100 <100 100 10 4,601,098 First National BankUnion Nat Bank 200.000 No re cent sa les 60 Mechanics Nat Bank Common 125,000 St. Paul- 26,053,508 100 4,758,181 100 1,879,149 100 7,370,450125,373,255 plOO a 2,202,255 100 113,328 EmpireNatBkATrCo ik 470,000 e 218,281 8,317,371 100 Stock Yards Nat Bk. fc 300.000 e 167,041 4,473.117 <100 American Nat Bank- fcl ,694,000 Commercial State Bk fc 150.000 DrovExchState Bank ok 200,000 First National Bank. p6.000,000 First State Bank p 100.000 115 Midway Nat Bank— Common._______ "16" First Trust Oo_ 100,000 175.000 Preferred 1,000,000 [2.213,268 c35,573,376 110 1 10 2.000.000 pi .000.000 e a a 244,354 242,931 45,649 je 153,347 a « 11 5,027,592 /100 1100 PlOO 207,706 9 * Sale price, t No par. a Dec. 31, 1937. b First National Group. Includes savings deposits. d Convertible preferred stock entitled in e liquidation to $20 a share. March 7,1938.'.. / Retirement price. 0 Trust balances. 1 Member of Northwest Bancorporation. fc Common and preferred or capital debentures outstanding. I Last sale. 0 June 30 MICHIGAN State Institutions American National Bank of St p Member of the First Bank June 30 Paul affiliate, Stock Corp. r Nomt nal. Per Bay City300,000 Bay City Bank Natl bk or Bay City. 400,000 People's Commercial A Savings Bank... fcl.000,000 e e 25,456 222,525 2,556,943 6,648,050 9,644,479 20 100 Stock has to be offered to board of directors. s New stock. share < Affiliate of First National Bank of Boston. 100 660,680 11H 17 c National Banks 7H hoo 29,978 Roohester— 14,413,983 27,629,939 13,264.281 12,972,736 2,066,630 — Machinists' Nat Bk. 13,504,283 115,645,335 (100 f 7 100,000 17 50 Naumkeag Tr Oo— Common........ 5.000,000 Common Preferred 2.000.000 Produce S<ate Bank. b 100,000 i 2d N'west'n State. 50,000 Salem— Taunton o 100 Pioneer Nat Bank Minnehaha Nat Bk_ Warren Nat Bank N re 7,866,953 11,187,316 1,052,716 881,287 Northern Nat Bank. First Nat Bk A Tr Co Merchants Nat Bk.. 100 229,055 465,300 44,011 28,224 400,000 of Duiuth New Bedford— First National Bank. 100 Minnesota Nat Bank J 50 Fifth No'west'n N B Safe Deposit 835,373 6,843,004 2,079,817 31,332,932 ; 600.000 City National Bank. k Duiuth Nat'l Bk. 200,000 First A Amer Nat Bk 2.000,000 Lynn— Central Nat Bank— * share. 32,576 340.789 1 43,527 1,078,198 100,000 Bank of Comm A Sa v No x Ex-dividend. re cent sa les 1 First Bank Stock Corp. VK BANKS aug., 1938] National Banks MISSISSIPPI June 30 Capital National Banks Institutions State June Cross Surplus & Profits Ask Bid Par Deposits Capital Nomi nal. Per Capital National BkCommon 486,615 10,011,129 50.000 787.500 11,622 398,196 300.000 371,547 859,882 12,447,378 9,403,239 300.000 . Preferred 100.000 OommercT Bk&TrOo Depot Gu Bk a TrOo Jackson-State n Bk. 60 50 / 30 140 "lo" ~\2 loo 120 100 125 135 150 Meridian— Citizens Nat Bank.. First National Bank. Mer & Farmers Bank 100 75 80 50 68 70 86,789 3,119,301 3,010,051 3,746,405 50 50 53 125,444 269,279 5,158,841 5,211,882 8 270.000 350.000 105.654 206,925 239,500 645.000 300.000 Vlcksburg— First Nat & Tr Co Merch NatBkATr Co National Banks MISSOURI June 30 State $ Bid Par Deposits Ask Nomi nal. $ Billings— Per Midland Nat Bank-. g Montana Nat Bank- 200.000 217,619 165,026 2,909.632 100 Sec Tr A 8avb Bank. 100.000 176.903 2.548,979 100 Butte— First National BankMiners Nat Bk 300.000 100.000 Metals Bk A Tr Co. 0 600.000 808,140 35,247 583,106 600.000 272.749 8,848,785 0100 100.000 1 365.000 138.773 share. 3,833.849 0100 150.000 6,336,423 /100 N 0 re cent sa 12,098.678 100 100 1,122,330 12.839.595 0— les Helena— First Nat BkATr Co Jfc Union Bk A Tr Co- Common e Preferred 100 June 30 Cross Surplus & Profits $ share, State Institutions MONTANA June 30 30 Jftokion , 105 TBUST COMPANIES AND Institutions National Banks June 30 June 1100 Institutions State NEBRASKA 301 June 30 Nominal Kansas City- Per Baltimore Bank City Nat Bk a Tr Co Columbia Nat Bank. Commerce Trust Co 6,000.000 Community State Bk 100.000 62,735 1,860,296 1,669,266 22,459,445 143,375 6,490,183 4,569,594 159,500,608 60,001 1,271,026 4,578,555 118,627,521 1,278,250 20,121,414 48,049 1,475,443 177,522 3,278,615 100.000 600.000 500.000 First National BankInter-State Nat Bank Ltnwood State Bank. Merchants Bank 2.000.000 500.000 100.000 200.000 200,000 198.000 Capital notes Missouri Bk a Tr Co Common 325,712 . 7,790,513 Lincoln- 105 115 100 100 250 285 60 70 100 120 100 70 130 90 480 330 Preferred First National Bank. Nat Bk of Commerce 135 225 OmahaFirst Nat Bank 170 Live Stock Nat Bank Omaha Nat Bank— 100 440 100 100 290 100 100 200 Merc Home Bk a Tr Common Nomi nal. Per share. share, 100 100 Common Common 1.500.000 Preferred Packers' Nat Bank: Common Preferred Plaza Bank of Co mm Produce Exch Bank. Traders' Gate City Nat'l Bank k 100 120" 135" 100 120 South Omaha Sav Bk Stock Yards Nat Bk 1,373,084 /100 1100 60.000 Preferred Park National Bank. 200.000 19,816 67,408 100.000 132,334 1,501,766 2,865,695 2,387,919 100 131,931 36,609 7,914,002 62H 1,156,134 100 52h 65 n* 24,436 1,000.000 1.125.000 646,295 26,145.061 100.000 100.000 100.000 University Bank... 750.000 100 125" 150 10.435,678 100 200 250 24,010.256 12,061,836 20 28 100 150 mmmrnrn 43.708.750 rioo 150 160 11,301.863 106.000 1 94.000 78,415 50.000 J100 \100 30 lioo 51.951 2,085,056 /100 lioo e 250.000 Common.-.-1 Preferred_ 450,000 u s Nat Bank el.100.000 186,521 121,676 16,795 1,912,108 1,567,364 719,480 /1° i15 200" 100,701 926.304 25 6,535,884 /100 lioo 23.878,356 100 10H National 100 140 100 75 Banks NEVADA 195 100 779,508 225" 9 June 30 95 Nomi nal. Per Reno- 943,879 600.000 First Nat Bk of Nev_ d Lit. al00 65 268,867 727,305 j100 1100 6,467,149 100 50 50.000 400.000 Union Nat Bank— Common Preferred West port Ave Bank. Union Av Bk of Com 550.000 100.000 50.000 Southeast State bk South Side Bank— Common Preferred Stock Yards Nat Bk. / 120 54,014 20,226,956 708,305 410,332 450.000 9.466.031 625,415 758.161 1,500,000 100 86.000 114.000 213,041 250,000 1 290.000 850,000 300.000 e 27.352.264 share 100 Joseph— American Nat Bank. Bur nee Nat Bank... First National Bank 200.000 228,104 200.000 500.000 260,810 First Trust Co 100.000 FlrstStJosSt't YdsBk Tootle-Lacy Nat Bk. k Umpire Trust Co Missouri Vail Tr Co. * 250.000 200.000 200.000 136.000 107.500 I ....... Preferred........ 70,551 92.500 k Boatmen's Nat Bk_. 275.000 2.000,000 Bremen Bk a Tr Co. 400,000 Cass Bk A Tr Co k 400,000 First Nat Bank 10,200.000 Industrial 7,036,406 4,032,756 6,137,147 2,954,499 3,155,516 7,018,839 2,452,281 1,097,261 100 100 100 n o re s__ cent sa 100 les N'Tn?Tnks NEW HAMPSHIRE 100 100 BkATrCo 600.000 Jefferson Bk & t CoCommon Manchester— 200,000 150.000 200.000 867,859 513,994 264,759 Common Preferred...... 49,975 29,946 600,000 Bank.. Lemay Ferry Bank— /20 indlan Head Nat Bk k 585,858 222,834 3,346,786 6.339,538 15 100 40 28 20 200,000 Nashua Trust Co... Jfc SecondNat of Nashua Jfc 400.000 423,558 532,309 600.000 505.358 100 100 17 20 90 100 29 100 125 32 H 65 32^ 50 60 68 Manchester Bank Mutual Bk & Tr Co. Plaza Bank (The).. Sec Nat Bk SavsATr Southern Commerc'l 500.000 450,000 200.000 . 350.000 133,904 675,154 Common South Side Nat Bk— Telegraphers Nat Bk Tawer Gr Bk a TrCo United Bk a Tr Co. 422,000 400.000 600.000 1.000.000 1.000.000 31,178 178,100 202,576 722,143 327,316 Chippewa Trust Co. * laston-Taylor Tr Co k 340.000 250.000 Llndell Trust Co 300,000 Merc Com bat Co- 10.000.000 Mercantile-Com¬ Nat'l Bank. Miss Val Trust Co. Meund City Tr Co North St Louis Tr Co Nerthwest'n Tr Co k . WebsterGroves Tr.. 350.000 .000.000 245.259 11,125,494 5,640,347 9,085.364 3,555,789 12,514.818 3,230,011 4,509,212 4,620.453 14,549,372 8,801,240 300.000 750,000 100.000 46,450 103,729 256,599 3,152,147 3,007,575 5,071,767 5,587,241 5,523,835 • 20 100 '19 315,892 160,042,261 2,805,485 93,495,645 100 170 185 100.000 93,768 38.727 300 1135 100 105 No 2,970,926 /100 1100 100 1,345,891 2,336,478 4,128,677 6,821,912 2,661,702 2,465,701 9,823,701 2,203,178 NEW JERSEY recent sa les s,a,'J»ions Nomi nal. Per Atlantic City- 20 50 20 100 115 20 27 100 67 100 400.000 20 Common Preferred "35" 70 15 100 . Guarantee Trust Co. 118 343,783 500,000 245,418 Equitable Trust co— - 225,000 1,184,518 — Preferred 30 100 120,000 96,814 Share. 100 150 1,610,476 j100 I 10 5,023,982 a30 5,197,960 123,839 6 1,147,746 /100 I 10 70 20 711,188 Bankers Trust co— 121 Asbury Park— Asbury PkNatBk a Tr Jfc Asbury Park a Ocean 580.500 201,208 5,448,765 100 55 65 167,509 106,842 2,314,774 818,929 10 5 10 Sea coast Trust Co— 300,000 100,000 100 25 100 20 AH AH Bayonne— * Broadway Nat Bk Bayonne Trust Co.. 200,000 400,000 41,953 358,669 1,612,342 10,125,930 80,197 2,311,444 4,851,380 1,394,546 5 3H 4 27 60 "23" 100 85 100 105" __ 50 100 75 100 35 45 100 73 13 80 15 175 Farm 11,808 332,612 95,286 100 21 Cumberland Nat Bk. 290.000 595.500 100 100 93 50 20 Springfield... 5,926,809 5,963,788 6,364,429 95 ,88 National Banks June 30 17 90 Bridgeton— Brldgeton Nat Bank. Citizens'Bank k Union Nat Bank * Southern Missouri Tr k lea al00 14 Grove Bank..- 26,887 674,394 296,520 206,615 cent 1,001.817 /100 Common merce 250,000 1 75.000 200.000 ..... New Hamp Nat Bk_ Boardwalk Nat Bank * re sa 106 "50" "60" 1100 276,690 100 100 Portsmouth— Manufacturers Bank & t Co no 100 First National Bank. Preferred 100 5,689,190 2,741,155 3,274,668 Nashua*- 6 120 2,513,882 49,944,896 5,303,881 5,357,049 7,872,526 227,954,836 479,923 10,690,225 50,000 50,000 Capital notes 2,139,010 25.238 2,099,652 304,063 191,821 200.000 L 215.000 895,500 Jeff-Oravols & 8avs Bank Nomtinal Per share. 100 Amoskeag Nat Bank Manchester Nat Bk. Merchants Nat Bank St. Louis— Amer Exch Nat Bank Common Baden Bank 414,087 131,911 72,405 256,370 110,867 93,443 a Mer Nat Bk. Jfc 244,600 575,000 249,500 207,629 . 98,671 20 100 100 100 ♦ Sale price. a Retirement price. d Owned by the e y V ♦'• Transamerica Corp., San Francisco, Calif. Member of Northwest Bancorporatlon. f Includes reserves. g Member First Bank Stock Corp. h Reserves. it Preferred stock and common stock or capital debentures outstanding. 1 Last sale. s t Member of the Guardian Detroit Union Group Inc., Detroit Mich, Preferred stock retired. 106 BANKS National Banks June 30 Surplus & Profits TKUST State Institutions June 30 NEW JERSEY Capital AND COMPANIES National Banks NEW JERSEY June 30 Gross Par Deposits Bid Ask Capital Institutions State June 30 Gross Surplus <fe Profits Bid Par Deposits Nomi nal. $ $ Camden— Bast Orange— Ampere Bank 3c TrC( S 777.535 PirstOamNatB&TCc (22,192.891 Merchantville Nat'] Bank 3c Trust Oo. d 224.375 Camden Trust Co... 2,734,750 Per share. 4 22,372,465 12** 5** 87,124 1,406,524 1,173,341 10 31,033,430 12** 3 4 W 2** 124,800 2,796,116 33** 45 200,000 95,600 1 ** 555,929 • 495,000 18,539,660 H ""2** OH r 3** 144,189 116,240 24,261 124,308 1,435,749 6,982,356 15,155,385 3,527,317 4,014,474 11,866,482 21,319 400,000 (21,310,000 (2 500,000 (21.017,081 (21.114.345 1,464,979 2,180,618 50 100,000 200,000 100.000 529,884 454,581 398,855 2,919,614 3,041,323 1,592,955 50 200,000 200,000 Prospect Natl Bank. Security Nat Bank.. Trenton Banking Oo Trenton Trust Co... short, 60 6 4 15 18 20 70 25 75 2 3 Woodbury— Farm & Mechanics' National Bank First Nat Bk 3c Tr Oo 10 10 5 20 *25"" 15 25 10 50 10 100 10 100 100 50 50 ,500.onn ,874,000 $ 14,629,803 36,880,091 963,066 1,213,731 23,503,996 20,725,301 ,000.000 ,167.000 Woodbury Trust Oo. Elizabethd Per 525,388 1,364,291 51,882 79,972 1,198,719 350,303 $ Trenton— Broad St Nat Bank. Hirst-Meek Nat Bk. rntmmmm Sav Iny 3c Trust Co 274,165 Ask Nomi nal ...... "V" 1 Hobokend 100.000 500.000 346,162 n National Hanks 20 10 """2** "3** June 30 State Institutions NEW YORK June 30 Jersey City— 2,225.000 400,000 First National Bank. Franklin Nat Bank.. Hudson Oo Nat Bk— d 1,176,155 35,064 n 1,250,000 1 1.500,000 Common........ Preferred. 420,046 32,271,070 / 84,191 3,524,799 639,114 n 27,822 995,078 72,948,112 23,033,170 1,103,431 1.140,000 12,180,928 2.500,000 d 400.000 62,038 230.000 Commercial Tr N J_. N J Title Guar 3c Tr. 34,109 500.000 595,488 300,225 338,609 17,157 840,040 7 Albany— 25 4** \ 30 ...... 2,559,975 Nominal. Per share 51 " 50,780,491 100,000 3,400,000 (22.999,996 100,000 Bergen Trust Oo 48 44,277,432 100 3,474,665 37** 100 25 5** r30 "29"" 27 1** IH "A 2** 250,000 Mech 3c Farmers Bk. 1,500,000 Nat Com Bk <5c Tr Co State Bank of Albany d2,900 000 (22,970,000 Plrst Trust Co 78,161,649 67,472,261 21,178,386 100 100 50 600 400 210 420 220 50 60 Auburn- <s- . 400,000 695,000 (2 r 131,512 6,156,312 5.628,061 100 100 793,181 479,443 527,446 9,418,848 9,691,690 7,868,489 100 5 4 Long Branoh------ 447,7,76 400,000 600,000 Nat Bank of Auburn Auburn Trust Oo_. 50 3,029,679 100 IK Trust Oo of N J- 3,068,737 1,375,989 5,581,777 2,826,086 416,818 100 Bingh&mton— Oity National Bank. First National BankMarine Midl'd Tr Oo 2500.000 200 100 50 Morristown— d d 200.000 600.000 7,519,293 25 7,334,999 10 1,671,436 -50 8,562,569 15 250 Brooklyn— State B ank& Tru stCo.retur National ""27"" 427,298 134,637 200,000 2,882,891 1,613,008 150 100 50 Bensonhurst Nat Bk 160 ! 200.000 OltlzenB Bk of Bklyn Flat bush Nat Bank. Mt. HollyUnion Nat Bk&TrO< Farmers' Trust Oo.. : 240.000 153,700 87.401 ; 225,000 56.306 fioo.oon 327!l00 950.000 550.000 Newark— 230,600 318,000 5,679,629 6,324,985 65,495 391,674 121,189 1,426,245 8,814,920 100 25 n 6,833,123 8 d 150.000 u 833 1,200,799 45 3 5 10 1,369,726 41,947,219 1,803,907 22,145,398 573,292 2,875,199 146,433 1,838,863 1,113,240 32,630,746 8,045,598 142,217,221 1,932,622 16,249,338 133,443 3,443,320 569,287 3,133,549 319,554 10,751,887 100 100 65 68 500 525 8.200,000 500,000 150,000 Newark "l8~" 14 4 Nat Newark 3c Esse: 3,000.000 600.000 Banking Oo.. National State Banl Clinton Trust Oo... <2 Columbus Trust Oo. 526.980 301.000 1,622,500 Fidelity UnTr Co— (27.250,000 Merch & Newark Tr. 2.600.000 Federal Trust Oo 336.300 Union National Bk.. d United States Tr Oo. 600.000 1.075.000 West Side Trust Oo. New Brunswick Nat'l Bank of N J... d 25 —-... ..... New Brunsw TrCoOommon 1 313,118 430,835 471.273 | 111,789 North A West Hu dson— 1st Nat Bk of Un City d 308,893 '£00,483 Preferred NatBkof WNY Common Preferred 100,000 42,750 of Weehawken, 142.055 32,155 J 26,889 10 8** 26** 10 10 21 25 50 25 ""is" 25 b 12 28 23 . 62,8580 117,298 126,349 107,710 353,930 818,291 15,973 100,000 500.000 n 698.500 100,000 Weehawken Tr Oo 400.000 Huds Tr Oo Un Oity. al,000,000 Gutt'b'g Bk 3c Tr Oo . Woodcliff Trust Oo.. d 145.000 15 1,786,324 1.000.000 323,894 People's Bk 3c Tr Oo. N re cent les /10 r§0 110 4,438,389 2.200,000 13,869,188 49,298,097 2,500,000 200,000 161,467 2,275,669 Mfrs & Trad Tr Co5.000.000 8,014,825 84,231,873 Marine Trust Oo 28.000,000 7,644,835 148,670,4941 Debentures Llncoln-E Side N Bk (2 Plainfield Nat Bank. 176.000 I 50 1,183,389 5,562,357 5,881,773 3,424,626 8,167,064 24,932,394 1,380,193 Mid-City Trust Co.. d 100,000 Plainfield Trust Co.. (21,150,000 State Trust Oo d 247,500 s mmmmm 20 ------ ..... 20 7** 4 10«» 10 225 7 25 13 30 6 Preferred Second Nat Bank... Paterson Sav Inst 680,000 1 625,000 103,000 300.000 . 17 58** 20 153,029 503,757 4,550.086 9,466,509 ion 25 438,399 5Va 724,829 154,408 451,478 7,502,190 3,858,593 4,503,044 100 400.000 200,000 443,671 689,595 100 250.000 129,046 100,164 467,521 501,485 2,167,738 1,139,228 4,027,840 10 100 60 12,364,929 1.237,500 IthacaFirst National Bank. (2 600.000 (2 650,000 25 60 Jamestown— Bank of Jamestown— Common 460,835 12,120,908 J100 t 60 49,384 51,612 1,120,113 2,208,576 100 20 25 20 350 300 13 <50 First NBk of Rondout Nat'l Ulster County Bank of Kingston. Rondout Nat Bank. State of N Y Nat Bk N 150,000 150.000 550.000 Kingston Trust Co.. 6,591,945 o re cent sa les. • 100 100 New York City— Deposits N ew York Ci are Sur plus and p of .July 30, 1938. 1938 for June 30, for National and, of banks and trust companies in New Yo found in ourtlBai Iway Secti on, pages 1 and ty banks are repo rted net June 30 .'38 rofits are of date a di vidend record State banks, and Broo klyn m ay be 198, 199.. 94, 195,196 ,197 rk City a 0 re cent sa les 100 Chase Nat Bank.. Comm'l Nat Bk & Tr Fifth Ave Bank. First National Bank. Grace Nat Bk of N. V Merchants Bk of N.Y 65 50 ...... 31,600 650,nno 0 5,893,000 6,000,000 13,479,664 157,143,000 20,000.000 25,920,537 474,247,000 1.000.000 754,133 06,038,357 100.270.000 132268651 1977476000 7,000,000 8,176,547 77,863,000 500,000 3,705,868 47,109,000 10,000,000 108772295 505,299,000 1.500,000 2,045,000 028,236,300 400,000 227,300 04,378,400 d 790,000 245,000 o7,998,400 Hk of the Manhat Oo Bank of Yorktnwn.. N 25 100 100 12,809,217 / 50 1 20 60 16,608,117 25 29,778,361 7H 10 500.000 985,000 300,000 200.000 500.000 Debentures "A".. Debentures "B"._ 22 18 2 61,279 538,270 45,073 4,213,850 1,371,000 1,251,182 16.017,515 3,919,063 600,000 11,011,655 375,000 1,600,000 849,670 1.000,000 2,122,232 t2Ig 10,645,619 13.232,207 800.000 First Nat Bk & Tr CJo 4 Pateraon— Common Preferred 10 <32 10 26 H "15" First National Bk— Haledon Nat Bank.. d Nat Un Bk of America Peterson Nat Bank— Common 17 ** 15** 10 Kingston— 6 ion 25 i30~665 J 10 1,583,480 720,951 Ohemung Oan Tr Oo 1,284,391 ( 50 1,277,273 52 88 1580 Elmira— The First Nat Bank. Nat Ohautauq Oo Bk Union Trust Co—- 100 30,000,471 4,894,383 251,065 ..... 0 100 1,665,591 100 "44" Buffalo- \malg Bank of N Y. Bank of New York.. Plainfield— Plrst National Bk... d 75 50 2,695 ,900 2,811 ,360 100 ,829 33»« ""34" 2,897 65 3,688 ,800 100 7,897 ,200 100 50 5,578 ,600 83 110,839 ,834 100 40,872 ,910 100 1550 Common Tompkins Oo Tr Co. 25 9,795,649 6,087,810 1938 Liberty Bk of Buffalo Passaic—I Passaic N Bk&Tr Oo (22,250.000 30, -ft' Liberty National Bk Guttenberg. Merchants TrUnOity c Oomw'lth Tr Un Oity d date June 30. 1938. 19 sa 867,500 300,000 Peoples Nat Bk Nat Bronx Bank 100 100 10 360 162* 369 18M 66*3 40 48 13.55 32 34 134 128 730 700 1760 100 1720 100 100 ""§7" 103"" 40 35 50 100 100 100 50 "40" "45" 80 85 Prospect Pk Nat Bk * Common Preferred 100,000 50.000 Citizens Trust Co— Common Preferred Hamilton Trust Co.. d 12 251,595 8,629,687 J 25 112,2 10 3,290,472 Common. Preferred 600,000 1 750.000 260,783 13,018,965 1100 30 Only outstanding stock of People's Bank & Trust Co. of Passaic, N. stock of the Realty & Security Co. quoted bid 9c, asked 12c. 160 j 384,596 600.000 1 594.000 575.001 Sale a 4,888,972 I 50 I 50 139,907 \ 50 price, t Marine Midland Corp. is $1 par pref. 13 rl2** c b Includes c Preference stock. 3 security stock. d U S Trust Co— ! 100 600.000 884.000 n d ! Kings Oo Trust Co— 50 Klngsboro Nat Bank Lafayette Nat Bank. People's Nat Bank.. Brooklyn Trust Oo.. 100.000 ns banks June 50 Common and preferred stock capital debentures e Represents capital, surplus and undivided profits. / Includes preferred stock retirement outstanding. fund. q Includes h Affiliated with the Trust Co. of New Jersey, Jersey Oity. i Controlled by reserves. Marine Midland Corp. I Last sale, n 0 Dec. 31. 1937. June 30, 1938. r ' J* ' Preferred u Reserves. stock retirement price, /"■; « aug., 1938] banks Nationhl B^nks new york June 30 Capital Surplus & Profits State co. d ate returns Bk of Athens Tr Oo. Banca Com It Tr Oo Banco dl Nap Tr Oo. June 30, Cent Han Bk&Tr Oo 21,000.000 Ohemical Bk & Tr Co 20,000.000 Convertible pref._ 32.998,440 9,356.520 f45129357 619,824,134 Marine Midi Tr Co 5.000.000 9,058,608 102,699,691 New York Trust Co 12,500.000 27,846,731 335,009,363 Pan American Tr Oo 138,800 600,000 3,938,500 . Savings Banks Tr Co 2.500,000 Debenture notes.. Trust Co of Nor Am. e Underwriters Tr Oo U S Trust Oo of N Y Jamaica, L. I.— Jamaica Nat Bank.. 7,921,376 800.000 Nomi nal Per share 27* 14* 26 12 * 10 12 29 * 28 "23 * 25* 18* 15* 259,658 825,000 1.000,000 2.000.000 28,770,382 16,872,795 48* 7* 46* 6 7 20 89 92 10 40 42 24,380 100,000 500.000 Peekskill N B&TCo Common Preferred Westches Co Nat Common : \ 485,000 2,800,000 2,500,000 4% Conv.Preferred Common Preferred e Central Trust Co— Common i1 50 25 10 20 100 10 Common 300,000 200.000 10 100 16,448 33,738 87,796 'loo 30 50" 240,597 7,316,652 100 15 20 131,175 4,980,942 r 25 17 22 I 25 1,014,337 13,498,822 20 "30" 507,236 4,879,771 25 17 22 300,000 912,644 7,171,626 10 26 30 17" 16 First 190 ...... National Yonkers Yonkers Nat Bank ■ 400,000 400,000 Preferred -36" I 20 h 25 25 1 1 41 51* 5 Vs 86 * 5§ * NatijZlTks NORTH CAROLINA st"Vul?Tns Nomi nal. Per share Ashevllle— First Nat Bk & Tr.. 5* 6* 80 90 1560 e 250,000 152,209 2,835,422 20 9 450,000 410,387 491,398 546,700 2,047,286 4,649,806 10,032,978 6,025,735 60 100 Charlotte— Charlotte Nat Bank. Commercial Nat Bk. Union Nat Bank American Trust Co.. Durham— Nat 500,000 300,000 1,200,000 Bank. 50,626 1,130,089 200,000 156,014 100,000 / 111,000 214,000 Guilford Nat Bank— Common 12 Wilmington 300,000 750.000 382,875 509,017 1,359,633 1.200,000 847,142 22,213,110 20 32 | 316,232 8,741,676 20 20 16 I,169,079 48,476,516 1,000.000 II,141.053 1.400.000 28,887,598 Winston-Salem— First National BankCommon 1710 7,669.957 "100 7,598,737 100 14,917,954 100 45 25 25 27* 178,833 3,159,415 10 352*679 10,524,382 10 "IB" 16 727,167 16,261,826 25 65 75 124,589 686,295 2,673,840 6,412,157 25 30 10 30 400,000 396,000 100,000 .... 400,000 Schenectady Tr Co.. 40 175,000 300,000 Preferred Citizens Trust Co— 18 25 jl,274,813 15,559,068 [100 250 35 10 - People's Sav Bk & Tr WHm Rav & Tr Co.. Wilson— Nat Bk of Wilson 10 10 80 72 25 20 790,000 First Citizens Bk&Tr Branch Bkg & Tr Co Common 234,517 256 Raleigh— 100 <30 200,000 253,590 47,162 55 150,000 1 50,000 800,000 Preferred.. Security Nat Bank 1000 Union National Bank 100 1,264,021 12,996,109 1,635,839 1,950,647 1,015,986 70 200 200 252 Greensboro— "16"" "13 90 100 100 47,585,552 150,000 500,000 Mech & Farmers Bk- 27 {! 5,879,118 11 6 9 J100 2 20 89* Fidelity Bank Depositors Natl Bk. 20 20 1 39 100 1510 '"25 . ICO 1^ Too 100 ■■; "12" 200 J 20 V- 8,606,953 49,891 Y 24l" 246"" 100 10 100 25 40" Trust Co— Common 205 100 . Bank in & Schenectady— Preferred 12 350,000 Mohawk Nat Bank— Common 10 8 Yonkers— Central Nat Bank 51* 44 46,426,192 5 3 14 12* 15,694,923 f 20 1,000,000 3 8 County Trust Oo 24 3,000,000 11,139,713 .... Capital notes.. 15 10 5,385,539 2,996,317 3,267,499 1,718,246 1,896,332 13 20 31,376,828 8 2 65 100 69,882,793 J J2,433.581 Capital notes..... Union Trust Co: Common 10 2,649,300 12 * 10 25 5,692,650 9,809,700 81,132,588 15,368,269 36,417,094 50 4,217,954 55 \ 50 262,369 600,000 1 Capital notes 1,200.000 Genesee Vail Tr Co.. e2,250,000 604,872 Roch Trust & S D Oo 1.000.000 3,841,689 Security Trust Co— ... 50 18,724 129,574 800,000 50 1,665,387 200,000 150,000 580.000 2,666,969 ,902,392 share. 100 Peoples N B & T Co: 20 Oltlsens' 372.440 Per 20 1,599,862 2,366,610 38,388 550,000 195,000 200.000 t'arrytown N B&TrUo 300.000 550.000 176 250 e lye—five Nat Bk Ryo Trust Co White Plains— Citizens Bank Rochester— Lincoln-Allia Bk&Tr Common... . | S $ 209,618 171,394 prices Peekskill— Bk & Tr Oo Mutual Trust Co. 102 90 350,000 5 200.000 e Home Ravings Rank e Ask Bid Par Deposits Nom. 170,000 30,000 & Trust Oo Ossining Trust Oo. Mt Pleas Bk&TrCo Port Chester—1st N. 100 5,366,200 115,949,900 Title Guar & Tr Co— Common 10,000,000 13,861,246 June 30 Gross Surplus & Profits Westchester Co. (Concl.)Ossining—1st Nat Bk $ Preferred... Pleasantville— ""16 Institutions State Ask Bid 1938. 100 50 107 new york • Capital Par City Bank Farmers' Trust Co 10,000,000 14,344,656 69,970,741 Clinton Trust Co e 402,600 750,000 8,667,100 Oolonlal Trust Co 447,528 1,000,000 7,215,676 Continental Bk&Tr. 4,000,000 4,238,928 61,522,081 Corn Ex Bk & Tr Oo 15,000.000 18,409,381 297,149,032 Corporation Trust Oo 376,300 500,000 33,000 Empire Trust Co 3.500,000 3,460,900 62,500,800 Equitable Trust Co. 617,933 500,000 253,569 Federation Bk& Tr Co 1,085,200 825.000 10,118,700 Fulton Trust Co 2,000,000 2,751,743 20,403,864 Fiduciary Trust Co.. 1.000.000 1,375,200 13,559,100 Guaranty Trust Co.. 90.000,000 182010402 1496430798 Hellenic Bk & Tr Oo. 265,872 1,000,000 2,824,723 Irving Trust Oo 50.000,000 61,411,081 529,955,693 Schroder Trust Co.. 1.000,000 1,577,753 20,658,194 Lawyers Tr Co-.... 2,000.000 1,856,517 35,260,856 Mfrs Trust Co: Common June 30 Gross Deposits 155,900 3 ,336,700 834,163 9 ,919,532 638,200 14 ,338,100 640,834 188,311 ,650,902 915 ,956,619 257,500 20 ,239,500 ,027,490 879 ,094,424 ,904,361 552 ,072,203 500.000 2,000,000 1.000.000 B'kof Montreal Tr Oo 1,000,000 Bankers Trust Oo... 25,000.000 Bronx County Tr Oo 542,500 National Banks Institutions June 30 N. Y. City (Cond.) $ National City Bank. 77.500,000 58,650,149 165313 8 000 12H NatSafetyBk& Tr Oo el.014,300 900,000 al4,645,100 12* Penn Exchange Bank e528,000 235,100 o2,778,900 10 Public Nat Bk&TrCo 7.000,000 9,084,058 133,624,000 17* Schroder Bkg Corp. 6.000,000 2,408,626 a21,114,913 Sterlin NatB&T.. 1.500,000 1,660,200 a27,330,100 "25 Trade lank of NY.. e416.300 297,300 a 5,650,700 12* Trust trust companies and 266"' Preferred Wachovia Bk &Tr.. 275 0160 [160 166,836 110,000 I 79,015 90,000 e3,900,000 2,279,264 25 1,941,403 721,142,392 ! 2,823,942 10 10 i 100 Syracuse— Lincoln Nat B & TCo 35 March Nat B & T Oo Common 750.000 180.000 __ Preferred ; First Trust & Dep Oo Common e4.691,844 18 020 Vali"nflJ 5 Common... Capital notes 12 * nks NORTH DAKOTA June 30 6* Syracuse Trust Co.. 14* Nomi nal. Fargo— Per Dakota Nat Ma nur act ur Nat Bk. el ,400.000 National City Bank. 600.000 Union Nat Bank... # 634.400 Troy Trust Co e297.000 Utica— First Citizens Bk & T 1,000 non 990,000 Preferred Oneida Nat Bk & Tr 107,878 21,166,064 ( 25 25 10,553,615 6,074,215 3,511,234 j 1,456,895 First Nat Bk & Tr Co 34,222,348 [2* I 10 165<i 50.000 20 n 600.000 1 196.000 509,222 400.000 _T 131,893 10,015,443 f i 165,824 115,717 138,451 500,000 150.000 2,253.135 1.818,332 6,082,490 3,114,283 199,378 share 100 N 0 100 re cent 25 sa les 100 5 6 e Merch Nat Bk&TrCo 24 4 10 n Vs 060 National Banks Common Preferred. 1,500,639 700,134 113,216 *201,000 "argo National Bk.. Troy- Bank.. 20 State OHIO June 30 Institutions June 30 25 Nomi nal Watertown— Akron- Jefferson Co Nat Bk Watertown Nat Bk— 5,330,165 Per Dime Savings Bk Co Common 20 200,000 1 ... Common.. 210.000 Preferred 120,000 152,236 3,905,437 I 35 \ 40 Capital notes o 500,000 Capital notes 1,250,000 Goodyear State Bk.. 100,000 240.000 365,050 21,918,811 3,436,316 m mm mm N 10,175,612 f <25 Common 200,000 608,000 ... Westchester Oo— j 606,269 995,000 800,000 1,247,351 614,024 400,000 200,000 199,500 14,459,076 100 1,220,633 9,944,768 100 3,219,061 1,612,211 100 les 275 180,016 cent 100 ;; 100 18,367,380 10,339,511 0 re a. 100 Firestone Pk Tr&S B Capital debentures Canton— Bronxville— First National Bank. 171,704 202,315 3,293,615 3,801,032 621,011 105,156 640,829 11,635,694 2,620,041 5,910,105 66,388 296,332 Huguenot Tr Co.. e 115.000 300.000 646.000 New Rochelle Tr.. el,600,000 1,712,329 2,024,508 4,341,944 1,399,993 14,544,701 200.000 Bronxville Tr Co e 350.000 Mt. Vernon—litN.. e 650.000 20 14 100 125 100 1 Atlas Fleetwood Bk (The), e 267,500 Mt Vernon Tr Oo. e3.000.000 v •mmmmm Nat Bank Olnn Bk & Tr Co 0 Columbia Bk & S Oo 175 0 140,628 10 8* ~~2" t Marine Midland Corp. e First Nat Pr uk 75,399 20 145 100 Cincinnati- 20 10 0 19 125 100 0 Geo. D. Harter Bank Gramatan Nat Bk & Tr Co £ Veto Rochellc— Central Nat Bank, 953,714 94,250 share 100 sa First-Central Tr. Co. les Common... 15,617,580 490.000 cent Northern N Y Tr Co 161,248 1 20 28 31 10 1 3 20 24 .29 a June 30, 1938. 6 March e • • V'- , - 31, 1938. Common and preferred stock or debentures outstanding. / Dec. 31, 1937. 0 Retirement price. 1 Controlled k by First report, Marine Midland i Last sale, n Corp. : ; Member First Bank Stock Corp. 285 ..... 10* BANKS 108 Natinna I Banks State OHIO June 30 Institutions COMPANIES wa,ijriIF* PENNSYLVANIA June 30 Surplus & Profits Capital AND TETJST Cross Deposits Par Bid Capital Ask Surplus & Profits Cross Nomt nal. Per share. Nomi nal. Cincinnati (Con.) % 5.039,666 S - 6.000.000 First National Bank. Per 71,272,570 100 122 100 3,389,091 90,845,400 600.000 / 192,296 500.000 1,109,328 240.400 / 160,968 I Bk Sc Tr Oo Lincoln Nat Bank.. Northside Bk Sc Tr Oo d d Second Nat Bank... 600,000 1,800,000 1,000.000 Be Ohio 8 Bk & Tr Oo 500,000 People's Bk Sc 8v Oo Prev 8 Bk Sc Tr Oo. Western Bk Sc Tr Oo d2.000.00<i Oentral 5,000,000 Trust Oo ust Fifth-Third-Union Tr 100 50 100 10 126 145 "28"" 26- 5,000,000 Capital debentures 21 160 41 25 100 100 120 5,888,199 (100 125 150 150,000 295.500 308,823 250.000 263,390 249,300 420,186 4,216,816 I 10 15 17 264,808 2,592,094 100 100 110 200.000 142,983 761,574 54,563 145,300 100 100 12,732,318 8,192,353 ,,5,339,728 6,785,997 "ex 100 77 ....... Preferred Altoona Trust 81 100 j 100 Altoona— Common. 10 2,300,000 140 36 10 1,865,113 2,175,436 1,376,830 905,155 First Nat Bank- 155 140 105 Oo— Common 25 1.000.000 1.000.000 450.000 500.000 55 100 100 Allentown— Allentown Nat Bank Merchants.Nat'l Bk. Second Nat Bank.. Lehigh Vail Trust Oo 100 225 287,148 3,212,036 896,554 626,299 313,550 2,197,580 5,624,118 9,294,514 2,331,445 3,130,872 44,792,922 16,585,092 7,142,837 11,511,930 67,491,383 share. Nsrwood-Hyde Park Ask Bid Par Deposits llOO Oo— Common........ Preferred Central Trust Oo— 10 Cleveland— Amer Sav 300,000 205,830 100 220 6 Erie- 260 5,000,000 11,370,538 124,924,558 f 20 7,920.000 16 8 Bank Co. 4,535,791 Common........ Preferred 250.000 / Olev 8av Sc Loan Oo 589,731 Lawrence Park N Bk a24 Marine Nat Bank.. 100 1,981,975 7,558,961 142,942 4,542,179 4,508,031 145,255,492 54,127 573,552 Oo. Security-Peoples TrNat Bk Sc Trust "60 "25 H "27M 20 Union Bank 13.800,000 4,306,169 327,394,381 14.137,500 Capital notes Union Bk of Comm. 6,000,000 2,950,195 21,787,228 900,000 / 360,229 Union Sav Sc L Oo 2,835,674 336,127 13,359,853 f 50 769.950 200,000 62,489 1,461,133 50 2,853,323 4,099,664 6,528,348 4,273,989 25 50 Oommon Preferred 100 Cleveland Trust Oo Common 276,048 1,124,863 14,083,688 758,614 7,926,873 3,721,086 —.— First National Bank 770,745 400,000 Lorain Street Bank. d 486,000 7,500,000 National City Bank190.000 North Amer Bk Oo. d Equity Sav & L'n Co 100 75 25 30 (The)— d 6623 i I I ii I I I I! I I I I • • i i i 15 a 50 50 Harrisburg— 100 90 105 Oentral Trust Co 10 14 15 Citizens Trust Co 125,000 Dauphin Dep Tr Oo. Harrisburg Trust Oo 400.000 101,610 405,999 793,357 902,371 32,787 1,282,509 400.000 1,205,060 979,423 12,822,410 12,460,603 400,000 600.000 625.000 791,562 977,552 406,702 10,727,777 11,005,687 8,548,316 Common 300.000 419,093 6,032,802 Preferred Columbus250.000 f Drunson Bk Sc Tr Oo 67,634 1,671,036 Oity Nat Bk Sc Tr Oo dl ,600.000 80.000 / Columbus Saving Bk d 116,173 Fifth Ave Sav Bk Co c 200.00U 128,747 Huntington Nat Bk. d3.500.000 2,441,585 200.000 Market Exch Bk Oo. 208,034 d 150.000 / Northern Sav Bk 70,437 c4.000.000 3,209,469 Ohio National Bk 180,900 300.000 2,980,141 27,158,270 1,654,482 2,559,125 54,335,114 3,838,476 1,395,632 70,386,158 1,824,429 10 7,115,001 288,221 54,145,593 9,438,474 10 29 50 10 10 10 227,683 14 Allison-East End Tr. Capital Bk & Tr Oo_ Harrisburg Nat Bank 100 100 cioo 400.000 10 8 12X 10 80 50 65 17 100 /420 100 275 21"" 70 60 Lanoaster— Oonestoga Nat Bk., Fulton Nat Bank.. 20 c 396,510 300.000 300.000 180"" 165 "loo Lancaster Oo Nat Bk d Dayton— 20 20 155 50 I 100 145 Farmers' Bk&Tr Oo Merch N B Sc T Co- 200,000 295.000 842,000 Common Preferred Third N B & Tr Co.. 100 85 100 10 <11.245,000 50,000 dl,291,000 300.000 300.000 Bank of Erie Oentral Nat Bk— d 258,497 7,524,861 1100 570,263 14,269,115 "25 661,801 , 32,058,542 J100 1 60 Northern Bk Sc Tr Co 13 Tlx Winters N B & Tr Co Common T,500.000 ..... , 800.000 Preferred Philadelphia— Oentral-Penn Nat Bk Commerce Guard Bk 500,000 400,000 Capital debentures j, 705,936 200,000 Common. i 12,827,523 40 35 J 25 Nat Bank of Toledo Common 193,302 165,000 Preferred Bpltser-R T Sc S Bk. 500.000 Ohio Ottizeni Tr Co. 600,000 .000.000 Toledo Trust Oo 252,543 747,173 2,743,396 3,607,096 1100 1125 50 2,541,737 20 12,043,114 50 86,115,216 3.040,000 City National Bank. dl.100,700 Corn Exch Nat Bank Sc Trust Oo 4.550.000 Erie National Bank. d 460.000 First National Bank, 3,111.000 200.000 Gimbel Bros Bk Sc Tr Toledo— 15 Kensington Nat Bk dl,138.517 Market St Nat Bk_. 1,000,000 Nat Bkof Ger Sc Tr Oo 400.000 Nat'l Bk of Olney— Common.. 105.000 1 Preferred 95,000 North Broad Nat'l Bk 250.000 Northeast Nat Bank 200,000 14 9,137,148 102,679,656 127,411 3,493,057 5,385,866 87,625,648 80,467 2.827.678 312,684 9,086,920 4,354,418 33,490,849 13,315,591 1,973,501 35 50 55 Youngstown— Dollar Sav St Tr Co— 1.250.000 ; 553,266 2.000,000 Capital notes 459,550 Mahoning Nat Bank dl ,625.000 Union Nat Bank 1,250.000 1,948,709 Oity Tr Sc Sav Bk— Common 750,000 1 152,740 1.243.700 Capital notes ... 50 12,759,513 12,847,630 {-? 25 17,224,073 11H 100 s"l4* 60,701 25 5,681,867 184,374 173,321 138,171 275.000 1 225.000 Common 120' 100 28 260 32 265 "25"" "27" Nortbw'n Nat Bk— 30 ... Common 60 100 50 16 45X 20 100 30 Preferred Philadelphia Nat Bk 14,000.000 29,454,986 39,526 Roosevelt Bank..... d 270.000 i Second Nat Bank— 6 600.000 650,000 Common Preferred j 679,108 100 265 280 10 42 45 1.896.679 I 10 1 10 10 1,949,227 60 3,228,758 6 3.152,272 f 25 405,069,815' t 7 alO 4X 3X 58 62 16 14 a25 25 99 X 100 x 20 2,134,000 7,732,183 10 10 9H 8X South Phila Nat BkOommon — National Banks June 30 OKLAHOMA ; Bank Sc Trust Oo June 30 3,300.000 Banca Com It Tr Oo 300,000 1.000,000 Broad Street Trust. 400.000 d Wyoming Bk & Tr. Nomi nal. Guthrie— Per 100,000 75.000 First State Bank— 153,680 88,013 2,213,239 1,400,754 100.000 b First National Bank. 213,000 255,536 2,727,850 2,280,217 \ ■ . 100.000 b finance ,'\V N 100 Oklahoma City— Oity Nat'l Bk&Tr Oo 2nn.fton les 25 4,696,260 40,550,964 100 4.000.00^ dl,132,250 53,107 2,638,766 37 x 344,676 1,764,603 100 20 384,457 1,824.879 50 83,985 1,437,774 17,192,187 100,224,012 100 978,815 100 7,317,455 10 1,347,969 10,476,703 10 2,559,017 20,432,561 10 9,821,721 105,427,119 10 1,204,208 11,243,960 2,587,303 3,689,334 4,717,077 100 100 100 125 150 100 125 150 100 150 10 26 185 32 100 50 175 225 100 100 Common 125 125 1st preferred 2d 995,973 2,000,000 3.000.000 500.000 862,467 48,569 389,313 50,000 25,444 2.000.000 61,714,057 43,852,143 Tradesmen's Nat Bk Stock Yards Bank 261,189 100 preferred.. 1,605,453 125 3,750,000 15,517,928 7 425,000 1.000,000 1,190,721 Mitten Bk Sc Tr Oo 1.500.000 712,134 Ninth Bank Sc Tr Oo d2,226.990 773,681 Northern Trust Oo. 600.00' 2,865,815 Nor Phila Trust Oo 500.00' 1,238,888 . 160 100 100 125 20 26 125.000 Preferred 175.000 Nat Bk of Oom'erce. d j 271,110 346,250 / 63,591 5,508,777 f 20 25 20 ------ Penn Oo for Insur \ — — — — Provident Trust — . — — — 20 20 4,824,926 Penn W'h'g Sc S D Oo Real Est Tr Co — 15 95 Common Preferred 2,375.000 12,647,693 1,375,000 25.000 6 13,665 63,304,584 I 10 1 20 32,332,353 ( I 8,934,463 6,480,116 19,073,691 12,121,358 7,189,951 100 ; 25 Security Bk & Tr Co. Sonsitaly Bk & Tr Co 28 14,688,549 246,772,786 750.00O 992,894 1,152,299 3,200,000 14,049,614 46,242,878 1.500.000 2,449,433 10,345,599 300.000 227,758 3,269,101 29,219 125,000 851,517 294 169 176 46 15 62 49 200,000 200,000 5 Preferred 6 March OREGON Institutions June 30 c Nomi nal Per Eugene— First National Bank PortlandFirst National BankPortland Tr Sc Sav Bk United States Nat'l Bank——— 200.000 7,001,829 100 180 300.000 5,112,204 100,958,756 487,334 4,195,152 100 100 4.500.000 5,522,196 112,914,392 20 share 100 344,991 50 10 a 189 108 219,949 263,936 110,012 892,098 100.000 500.000 stock retirement 3,059,800 1,298,312 685,244 11,089,708 2X "28 20 9X / Dec. 31, 1937. s New stock. x Ex-dividend. 33 X V Ex-rights. 25 10X 525 380 40 384 45 10 7 8 60 40 93 29X 50 50 10 100 Member of the BancOhio Corp. I Last sale. 3x 32" 100 100 50 price. d Common and preferred stock or debentures ' h Preferred stock retired. 32X 10 "~4 505 86 7, 1938. i March 31, 1937. 3,000.000 10X 2X 100 50 Sale price. a State 16 63 9X Pittsburgh— Allegheny Valley Bk Arsenal Bank "iio" ♦ AJatinnal Banks June 30 19 289 10 50 8.400,001 Bank of Ohio Valley. Braddock Nat Bank. 358,799 ——- 11* Nat Bank of Tulsa— West Tulsa State Bk 138 20 od Lives Sc Grant Ann Tr & Safe Dep Oo. 28M — 34,544,127 Preferred 75 100 10 5 10 Liberty Title &Tr On Fourth Nat Bank— Common 134 Land Title Bk Sc TOo Common 5.000.000 Fidelity Nat Bank.. d 450.000 Liberty Nat Bank.. dl.200,000 Oklahoma Nat Bank. 100.000 9X ..... 2,602,354 Integrity Trust Co— 161,394 521,170 390,236 5,802,636 53,490,642 7,093,746 20,319,458 1,489,450 17,093,996 910,296 First Nat Bk & Tr Co Tulsa— First Nat Bk & Tr Oo cent 267,997 3,198,470 100,000 300,000 b 400,000 5UO.OO" 1.400,000 GIrard Trust Oo Industrial Trust Oo o re First Nat Bk & Tr Oo 2,320.000 _ Frankford Trust Oo sa Commercial Nat Bk. Oo of Pa. 250.000 6.700.00' German town Tr Oo 25 Muskogee— Citizens National Bk Ohestnut Hill T Sc Tr Fidelity-Phila Tr Oo T4 <!|. McAlester— Nat Bk of McAlester First Nat Bk of McA share. 100 100 7X ..... 3,221,729 60,160 Tradesmen'sNatlonal Institutions State f- 20 30 129,251 200,000 1 100.000 405,336 _ Preferred Tioga Nat Bk St TrOo d ' outstanding. 100 Aug., 1938] BANKS National Banks June 30 Surplus & Deposits Par Nomi nal. Per share. (Concluded.) Dollar Savings Bank 05,278,542 farmers Deposit Nat First National Bank. 6.000.000 10,534,528 6.000.000 6,280.550 500.000 Fourteenth St Bank. Freehold Bank Bk 615,500 200,000 200,000 200.000 (The) 449,284 Pittsburgh Preferred Mellon Nat Bank Nat Bank of America 71.631 445,295 100,000 172.700 Keystone Nat Bk— Common........ 200.000 I 5,429,899 8,736,477 3,291,181 885,404 1,263,423 2,383,474 'lib" 256" 100 178 100 100 50 70 50 20 125 Par Ask Bid Per $ 700.000 200,000 50.000 $ 624,504 218,113 40,480 1,100,000 1,200,000 648,752 200.000 35,000 173,809 195,145 4,315,428 1,501,651 250,000 200.000 552,757 523,464 5,739,187 3,804,324 67,729 2,302,863 f Miners A Merch Bk _ Columbia— First Nat Bk of Col. Lower Main St Bank ..... 50 Charleston— Citizens A Sou Bank Carolina Sav Bank. Preferred "16 Gross Deposits Nomi nal South Caro Nat BkOommon 175 100 10 100 292,671 1,597,914 4,257,273 141,625 1 ....... 59,198 200.000 162,602 700.000 50,000 Union National Bank 2.000.000 Union Savings Bank1.000.000 Western SAD Bank i 497.500 Allegheny Trust Co. 700.000 Colonial Trust Co (3,742.300 Oom'wealth Trust Co 1.600.000 640,186 143,000 Bank Fidelity Trust Co Manchester Savings 3,98/,185 3,66/, 5/6 426,933 869,488 1.966.U46 1,915,171 122,508 125.000 1,152,715 1.320.000 2.000.000 9,245,909 250.000 338,199 Bank A Trust Co. 50 15,598,297 5,451,204 424,571 10 g share. 14H 100 100 95 31,482,747 /100 1100 15H 95 100 4 10 10 ox 25 Greenville— First National Bank. Peoples Nat Bank... 3,859,606 f 65 *50 60 50 50 25 56 24^ 25X 160,000 ih 40.000 '20 25 .20 *25 65 40 1,672,535 10,730,194 1,232,000 30,161,163 36,888,568 3,762,075 6,041.706 33,900,389 19,495,937 2,538,616 303,113 26,285,524 52 10 Spartanburg— Common........ Preferred... 25 1 20 Com'I Nat Bank— 100 1,807,604 I 108.375 Dormont SAT Co. Farmers Deposit Tr. 100 150,000 7.500.000 35,859,943 287,532,974 Nor Side Deposit Bk Pitt National Bank. Bheraden 54,573,668 84,278,528 95,665,828 Surplus & Profits Capital State Institutions June 30 at Iron A Glass Dol Sav Common. Preferred 405,000 539.551 22/.305 9/6,UU2 186,114 300,000 • Hill Top Bank Home wood Bank Ask Bid Pittsburgh First Nat Bank & Tr Co of East Pitts._ Forbes National Bk_ SOUTH CAROLINA June 30 Gross Profits 109 COMPANIES National Banks PENNSYLVANIA Capital Hazel wood TRUST AND 63 55 50 50 152" 162" 100 100 50 "36" 80 80 90 70 100 100 100 80 90 50 150' 100 ~80" 25 50 2SX 87 Per 385.000 i 250,000 Northw'tSecurNatBk i Union Savings Bank. 100 4,784,206 3,132,936 plOO 8,469,380 flOO 100 1,158,235 172,838 237,359 130,429 47,971 800.00f) 150,000 share. N 0 re cent sa les 40 20 2,456,257 Nomi nal 8ioux Falls— First NatM Bk A Tr. Nat Bk of So Dak.. People's-Pittsburgh Tr Co fl.000.000 10.780,070 Potter Title A Tr Co i 425,363 875.000 97,429,803 6,490,082 216,751 1,760,000 South Hills Trust Oo 3/6,038 1,894,188 Union Trust Oo 1.600.000 80,852,284 235,071,368 1,323,895 Washington Tr Co.. 600.000 5,813,166 West End Bank 180,979 200.000 1,777,817 William Ponn Tr Oo. i 96,200 175.000 2,027,000 Worklngman's Savgs Bank A Trust Oo. 1,083,192 400,000 9.587,306 Provident Trust Co. 5 30 8 5 100 150.000 125.000 85 National Banks 70 100 5900 6200 100 June 30 95 10 Nomi nal. 50 50 75 Per 625.000 300.000 Beading Trust Oo.. 1.170.300 2.542,492 10 6,137,793 24,070,260 3,761,442 16,093,617 I 5 I 10 mmm m 10 6X North Scrant 200.000 4.050.000 Bk A Tr Providence Bank Scranton Nat Bk— I Commo 200.000 100.000 161,060 400.000 Preferred South Side Bk A Tr. Third Nat BAT Oo- Common.. 200.000 300.000 300.000 196,741 4,899,811 a 149,555 325,732 37,969 18X 744,641 25 1,228,364 63,064,622 1,113,483 2,416,162 993,056 18 70 75 15 28 32 50 15 20 2,506,353 25 40 792,976 16,500,342 60" "65" 25 2,790,268 25 Common..... Preferred........ 50 75 426,775 43 25 145,632 150,000 184.375 I 46 • 3 "70" 3X 25 Wilkes-Barre— 5,332,384 1.000.000 2,829,097 W-B Dep A Sav Bk. 500.000 606,305 Wyoming Nat Bank. 500.000 735,325 250.000 206,153 350.000 353,506 540,276 Miners Nat Bank Secona Nat Bank... ... 50,000 200,000 925.000 1,000.000 49,765 114,445 1,211,118 448,592 100 1,613,871 2,654,815 6.25 100 24,132,172 100 10,572,562 161.424 100 30 50 i J _ West Branch Bk A Tr 225.000 160 136" 135" 130 200 45 ' 220 9 235 Memphis— 1.000.000 1,725,108 1.000.000 50.000 2,062,626 36,115,579 25,780,349 1,328,438 100 220 230 87,123 100 220 250 3.500,000 4,674,260 62,143,916 10 25 26 10 14 15 100 285 Nashville— American Nat Bank 3.000.000 11,374,151 3,500,000 300,000 590,384 1,000.000 1,010,934 Preferred Broadway Nat Bank Commerce-Union Bk 53,309,920 f {100 20 5,303,812 20,313,894 "isx 'lOX 10 Nashville Trust Oo— 500.000 ... 1.133.300 1,000,000 Third National Bank 96 9,249,008 J100 | a993,542 1,278,068 100 370 25 22 7,668,719 50 90 93 2,459,149 4,603,679 5,336,071 10 20 7X 25 21 10 30 10 State TEXAS June 30 Institutions June 30 23 Cent Nat Bk A Tr Co 500.000 125.000 225.000 Indus NB West NY. western Nat Bank York Oo Nat Bank.. York N Bk A Tr Oo. Guardian Trust Co.. York Trust Oo 186,390 2,037,222 329,079 i n 3.196.431 663,791 8,018,962 1,617,436 4.222.432 5,618,310 4,508,423 4,279,388 7,569,241 r i 28,060 613,444 195,631 506,822 300.000 887,652 500,000 500.000 750.000 533,804 739,517 1,221,718 245 380 24 Nomi nal Austin- 250.000 190.000 150.000 100.000 110 105 235 1100 26,764,743 98 100 Per American Nat Bank. Austin Nat Bank. Common...... Preferred 300 50 York- Drov A Mech N Bk. Eastern Nat Bank.. First National B»nk_ 140 8 225 First National Bank Nat Bk of Commerce State Savings Bank. Union Planters' Nat'l National Banks Bank 100 Knoxvllle— Williamsport— Williamsport N Bk. 40,110,100 Preferred 1,439,392 750.000 200.000 2.500.000 9,085,965 1,234,268 22,464,707 14,800,024 4,036,841 Hanover Nntlonal Bk i First National 1,305,247 Bank of Knox villa... Oomm'l Bk A Tr Oo BamiltonNat.'onalBk Park National Bank Common First National Bank 155 1100 12,800,000 Common 1 <© Iio 25 1,867,337 share. 200 Bank A Trust Co. 50 4,970,692 260.000 .... mmmm 28 40 50 1.000.000 150.000 ...... Preferred West Side Bank Penna Trust Oo— 25 325.000 Hamilton Nat Bank. 190 8,868,058 flOO 388,587 , 100 10,584,800 7 112 X Soranton— B. Scranton State Bk First National Bank. Green Ridge Bank 1,017,414 325,000 Preferred 603,064 1,3O9,628 3/2,136 June 30 Chattanooga— Amer Tr A Bkg Oo. Commercial Nat Bk: Common 1.000.000 1.800.000 State Institution» OX 37 50 BeadingUnion National Bank Berks Oo Trust Co.. City Bank A Tr Co.. TENNESSEE 110 100 io 300.000 i 579.750 100 10 10 100 20 25 25 10 510,553 11,672,611 15,933,538 ehare. 100 100 Capital Nat Bank125.000 5 10 409,416 a 20 75.000 22 400,000 400,000 200,000 534,187 750,289 79,633 3,185,917 J100 1100 ja 134,916 *100 75 "llx 15 192 54 34 58 15 15H 17 195 56 36 Beaumont— American Nat Bank. First National B . Secur St Bk A ' t i 10,323,221 12,337,111 2,303,755 100 N 100 o rec ent 100 sa 60 16 Dallas— - 8.000,000 25.000 5,915,383 109,677,336 59,994 1,335,812 20 44 x 4ZX 100 Liberty State Bank: . 1 Tks RHODE ISLAND 3""°,/ur?o"OT" Common . Preferred . Newport— Nomi nal. Per share, Aquldneck Nat Bank Common 400.000 6,016,613 300,000 59,648 502,758 506,328 2,716,277 100 1,057,045 4,016,181 25 78 106,324 1,675,853 J10 U0 234,040 1.418,375 50 210.000 120.000 Newport Nat Bank.. Newport Trust Oo . 150 500.000 Preferred 286,334 J25 \25 *25" Common-. 105.000 L 95,000 120.000 Preferred. High St Bk A Tr Oo Mechanics Nat Bank Common........ Preferred. Zr NatBank of OomATr Phenlz Nat Bank Providence Nat Bank Industrial Trust Oo. Lincoln Trust Oo... Rhode 1 Hos Nat Bk. Rhode laid Hos TrOo Union Trust Oo—... 350.000 L 217,787 4,895,646 J25 150.000 \25 850,000 814,190 8,306,789 50 450.000 930,830 50 2,780,578 1,500.000 2,552,815 11,903,434 100 4.000.000 9,898,431 107,280,453 100 125.000 196,513 1,468,057 25 2.500.000 2,925,814 47,120,487 *100 5,000.000 12,167,757 41,628,396 1000 1.000.000 1,224,198 23,243,614 100 Preferred.. 3,750,000 363,840 911,956 1.000.000 J 125,000 75.000 J 64,805 3,060,135 100 50 200 36 37 100 70,421,613 6,313,491 21,287,310 2,142,710 2,341,371 20 100 215 210 20 1100 45" x"~AZX 45 X 46 X 100 29 I 20 30 17 "65" 135 285 175 12 elO 22 70" * Y' t Citizens A Southern Bank of Savannah, Ga., system. a Dec. 31. 1937. b Member of First Security Corp. d A mutual savings bank. 305" 185 30 * 2156" 135 Preferred stock retirement price. / Member of the Northwest Bancorporation. <jr 1975" Sale price. ^ - Y 1100 1 " Affiliated with the Citizens A Southern Nat. Bank of Atlanta. Ga. < Common and preferred stock outstanding. k Stock all owned by the Rhode Island Hospital Trust Co. I Last sale, 319,220 185 .11 10 "120" n 200,000 248,750 jlOO 27,111,969 / 20 90,977 82 Woonsocket— Woonsocket Trust Co Common......... j 1,049,802 100,000 57,900 60 . Columbus Nat Bank: Common 1.100.000 900,000 4.000,000 150,000 4,581,675 j 161,369 35 Providence— Blackstone Can Nat. 150,000 82,700 March 7, 1938. p Affiliate of the First Bank Stock Corporation. x Ex-dividend. 110 BAMS National Banks June 30 Surplus «& Profits Nomi nal. Per share. 9,662,189 20,365,998 100 100 First National Bank: Ft Worth Nat Bank: Common........ Preferred Fraternal Bk & Tr Co Union Bank Ac Tr Oo l 14,805,965 35.110,770 357,778 750.000 / i 1,500.000 60 66 69 812,475 1,500,000 11,959,667 20 38 40 900,000 15,420 0 230.000 / a 44,280,255 I 3,947 83,958 423,681 1,079,600 37*$ 39*$ Houston— Oitisens State Bank. 14,671,843 4,625,722 100 100 750,000 500,000 371,081 704,217 9,091,591 9,305,002 100 50 173,041 260,000 a Preferred First Nat Bank- 3.000,000 Common....... cent lea 160 dlOO" 105 95 13,271,034 1100 1125 26,621,602 100 '225* 38,409,547 8,947,262 27,678,841 100 100 100 330 150 360~" 190, 266"" 41,041,390 100 100 265 Loan Bank 100 145" 100 90 156" 5,779,901 (100 1100 90 81,296 74,402 459,752 100.000 300,000 110,650 Preferred——.. 335.000 315.000 Port Arthur— First National Bank. Merchants Nat'l Bk. 100,000 200,000 550,204 287,686 5,368,286 4,733,912 100 100 792,206 17,058,703 5 100 \*4 5 I™ "l 353*$ (100 50 240 250 100 25 116 117 3,532,117 31,855,370 17,793,315 1,401,715 100 179,532 74,920 2,283,168 10 2,473,578 10 397,914 79,746 261,833 6,108,244 1,061,552 2,495,824 50 N 0 100 100 re cent sa les 9,290,995 20,122,055 752,522 65,179,136 2,085,373 20 34 37 20 10 20 23*$ 27*$ 1,250,000 11,152,113 1.750,000 200.000 f 493,023 200,000 f 159,693 al.100.000 fl,109,318 47,107,384 250,000 2,500,000 1,500,000 a 162,100 441,786 g 891,113 1,007,000 g 70,277 32*$ 33*$ PetersburgCitizens Nat Bank.. 200,000 276.000 500.000 250,000 449,000 a Richmond— Bank of Comm A Central National B g g 600,000 1,000,000 Consol Bk A Tr Co.. First A Mer Nat Bk. Mech AMer Bank.. State-Planters Ban] 10 7*$ ::::: "45"" "46*$ 100 mmmmm A Trust Co: Common...... Preferred Sav Bank A Tr Co.. 16 17 25 15 50 3,371,075 3,561,187 5,545,449 ""72" 70 25 Roanoke— 500.000 Ban Jacinto Nat Blr- Common 259,088 662,232 3,213,270 ! 1 120 1 135 60 929,004 947,767 80I000 / 64,908 3.000,000 3,540,902 200.000 / 137,£38 Merch A Planters Bk Nat Bk of Commerce 100 5,214,268 131,785 a ... Com'lTr AcSavs Bk: Lynchburg Tr A S B. 280 144,983 6,795,474 100 People's Nat Bank.. Depositors Industrial 31 uoo .......- 4,151,239 3,750,112 Portsmouth— American Nat Bai d Oitisens Trust Co.. 110 100 ,1,989,680 48,439,998 /100 Preferred 1,800.000 Houston Nat Bk— o Common... 632,500 [ 344,157 Preferred 367.500 1.000,000 1,609,992 Second Nat'l Bank.. Nat Bank of Comm. a3.000.000 2,785,287 296,230 State National Bank al.000.000 Union National Bank 1,000.000 1,400,000 South Texas Com¬ mercial Nat Bank. 1,500,000 2,050,889 200, 000/ 269,251 Fidelity Trust Co— 792,576 600,000 Guardian Trust Co.. 491,576 Houston Land Ac Tr. al.500,000 500,995 352,332 a 29 278,869 100 600,000 500,000 % o sa 11,380,579 I 20 1100 500,000 100,000 ^ Common 5,031,132 N re City National Bank: 7,626,632 Ask Nomi nal. Per share. 150 Norfolk— 166"' 120*" Galveston— 363,835 353,031 $ 557,770 t Trust Oo & Bid Par Lynchburg Nat Bank 20 20 10 100 200,000 200,000 Deposits 1,000,000 Lynchburg— First National Bank. Seaboard Citz N Bk. City National BankFirst National Bank. Hntohings-Sealy National Bank U S National Bank- Gross Profits Capital Ask Institutions June 30 Surplus A Bid Par Port Worth— Continental Nat Bk_ State VIRGINIA June 30 Gross Deposits $ 415,825 1,082,433 $ 300,000 300.000 El Paso— El Paso Nat Bank. State National Bank National Banks State Institutions June 30 TEXAS Capital TRUST COMPANIES AND 339,514 1.000,000 /1,624,974 800.000 g 337,511 5,753,656 24,902,780 4,213,433 50 100 ------ 70 225 90 100 625 San AntonioNational Banks Alamo National Bk: Common. 500.000 . 930.000 Preferred Bexar Oo Nat Dank- WASHINGTON June 30 130 118 1100 Nomi nal. 200,000 92,800 1.200.000 Common Preferred.. Frost National Bank Groos Nat Bank—**;-, 140,533 , 2,506,200 1,270,379 35.616,180 52 44 | 50 1 50 dbO 260" 100 230 Seattle— Seattle—'First Nat Bk 8,000,000 Nat Bk of Commerce A 2,500,000 Pacific Nat Bank 350.000 125,000 103,945 5,179,860 105 Peoples N B of Wash- <2100 Sumitomo B of Seattle 835,581 21,418,083 100 *175" 2.500,000 1,350,000 200,000 Nat Bank of Comm. al.000.000 250 University Nat Bank 400.000 Seattle Tr A Savs Bk 55,017 114,802 100 100 145 550,000 1,642,670 4,124,768 115 400.000 300.000 313,573 3,512,988 Per 5,100,572 138,726,699 i 20 3,627,778 68,973,129 c 25 160 1,189,440 19.339,917 20 792,807 23,182,804 100 2,543,047 106,507 20 5,896,151 172,315 7,694,422 100 535,960 share. 32 *$ 34*$ 139" 145"" 100 Common Preferred ... National Bauk ofFort Sam Houston Ban Antonio Nat Bk Bouth Texas Nat BkOommon.. 100.000 a 90 (100 1100 50 100 500.000 136,537 5,621,117 550,000 1 588,801 20,080,048 Preferred 450.000 200.000 609,298 7,324,607 al ,425.000 250.000 / National City Bank. 324,485 925.000 100.000 / 440,882 7,895,313 9,523,199 805,582 71,469 985,412 230,556 20,063,284 5,755,105 100 25 185 175 100 50 100 65 35 40 (100 fl.60 1.80 \100 70 100 Taeoma— 770,000 a National Banks June 30 55 100 a First National Bank. 32 Spokane- Common Waco— Oitisens* Nat Bank— 30 "23" 135 150 18 16 1State Institutions UTAH June 30 National Bant. June WEST VIRGINIASUUj'meU30Um' Nomi nal. Per Ogden— Commercial Sec Bk. First Security Bk NA Salt Lake City— Dontl Nat BkATr Co First National Bank Utah State Nat Bank Eton's Sav Bk Ac Tr Utah Sav A: Trust Oo Walker Bk A Tr Co: . Common Capital notes 525,000 979,000 a a 96,178 5,930,809 17,566,397 793,634 100 mm share. Nomi nal. Charleston— Charleston Nat Bk: Common mm mm am 100 Per 1.062.500 600.000 900,000 346,629 750,000 877,273 a 750.000 / 828,488 1.000.000 1,070,665 300,000 226,301 11,254,598 15,783,731 15,457,264 14,479,963 2,985,257 a a 1.500,000 1 350,000 55 70 180 100 100 180 100 100 190 I— Capital notes Kanawha Valley Bk. Nat Bank of Comm. Central Trust Oo J 1,060.832 25 1 40 KanawhaBkgATr Co 200 200 120 150 80 26,079,430 (100 682,866 1 100 100 share. 20,967,589 ( Common 500.000 ..... 65,000 1,000,000 200,000 500,000 5,011,209 [100 N o re cent 22,186,496 2,869,431 700,450 300,124 s 100 sa les J 301,253 1,328,672 82,771 100 100 87 ——— ..... Huntington— First Hunt'g Nat Bk 1,000,000 f 1,230,922 Twentieth St Bank— g al22,000 / 25,646 i:; 15,495,113 12*$ 783,750 16 H 16*$ 75 90 WheelingNational Banks June 30 VERMONT State Institutions Center Wheeling Sav Oitisens Mutual Tr Dec 31 a Oo Nominal. Barre— Per Granite S B Ac Tr Co 310,000 People's Nat Bank.. Quarry S Bk Ac Tr Oo 200.000 share. 100 204.500 474,518 207,958 153,652 3,504,814 2,742,366 1,921,880 491.500 600.000 BowardNatBk&TrOo Merchants Nat Bank 150.000 Burlington Trust Co al.085.961 668,505 470,545 80,927 235,114 6,166,532 5,758,960 624,089 3,347,914 208,356 2,466,039 194,123 2,641,888 (100 100 115 150 100 Sav Bank a Nat Bank of W Va.. Nat Exchange Bank i So Side Bk A Tr Oo A Trust Co 100 100 N 40 re cent sa les 100 449.650 500,000 500.000 100.000 300,000 1,800,000 / 100 81,000 554,050 518,546 144,549 743,515 1,600,000 4,631,912 4,969,648 1,107,832 5,001,983 25 / / / 100 100 100 75 100 275 305" 2,471.562 18,088,470 100 125 140 a 407,500 ug Preferred Montpelier Nat Bank Montp'r S B A Tr Oo Killington Nat Bank Rutland Co Nat Bk: Common........ Preferred Rutland Trust Oo... Common and preferred stock or debentures outstanding. 6 Member of First 150.000 180,000 100,000 614.951 c \100 g 99,490 224,281 2,034,743 1,322,765 20 25 30 Member of the Security Corp. Marine Bancorporation. d Preferred stock retirement price. e 100 Member of the Northwest Bancorporation. /March 7, 1938. Rutland— Olement Nat llank Sale price. a 100 First National Bank: Common... 105" 95 t Stock of South Texas National Bank of San Antonio. Texas, all held by Central Securities Co. with exception of directors' qualifying shares. * Montpelier Capital 8 B A Tr Oo 90 o 100 1,123,741 4,917,101 Half Dollar Trust A Security Trust Co.. Wheeling Dollar Savs Burlington— Chittenden Oo Trust 81,757 513,179 150.000 / 600,000 150.000 100,000 g 272,915 135,442 2,841,560 937,558 g 10 100 N o re 100,000 125,000 a263.500 / 118,551 2,980,730 151,595 2,046,621 (100 Uoo v 100 cent sa les Dec. 31, 1937. h Dec. 31.1936. i Member First National Corp. k The National Bank of Commerce of Seattle, Wash., effective 1938, absorbed the First National Bank of Longview, Wash, I Last sale. .... July 11, Preferred stock retired. Controlled by the Joseph F. Meyer interests, Member People's Corp. s Trust funds t All stock held by Old National Corp. n 0 r u v x Reserves. 1938. Ex-dividend. " June 30, - • ■ . National banks State Institutions WISCONSIN June 30 Capital Batavian Nat Bank- La Crosse— $ 500.000 Exchange State Bank al25.000 Nat Bk ot La Crosse. 400.000 100.000 Btate Bk of La Crosse June 30 Canadian Bank Statements Returns Cross Surplus & Profits Deposits are 31, 1938. Prices are per cent, not per share all of May Ask Bid Par Nomi nal.„ Per share. 3 20 4,741,987 1,243,840 100 5,789,401 «100 2,924,490 100 244,898 45,798 295,185 166,626 22K 20 N o re cent sa ies Milwaukee— Amer State 200.000 350.000 City Bank St Tr Co.. 19 17 40 20 2,066,412 2,998,508 123,625 143,879 100 Halifax— 50 , Gross Surplus & Profits Capital Bank 111 COMPANIES TRUST AND BANKS AUG., 1938] % Bank of Nova Scotia 12,000.000 24,000,000 243,010.948 Ask Bid Par Deposits Per % cent. 302 100 First Wise NaflBk 5.000,000 14,517,372 199,850,641 Common,....—.. Preferred 8,500.000 a350,000 100,000 .... AH {.!. 54,273 1,982,337 1,557,628 100.000 16 35,906 300.000 2.200.000 2,268,234 1,364,589 100 35.316,961 "M'' 'l9mm 20 20 20 Home Savings Bank. Kiibourn State Bk. 125,416 » Lincoln State Bank: Common Income debentures Marine Nat Exch Bk 596.000 150,000 529,500 32,355 115,798 550.000 466.700 a a Park Savings Bank.. a State Bank of Milw. TeutoniaAveStateBk West Side Bank Wisconsin State Bk. a 62,707 80,087 823,523 400.000 ) 1.000.000 9.000.000 120,698,810 6.000.000 Bank of Toronto Can Bank of Comm. 30.000.000 20.000.000 521,205,485 17 20 37K 20; Dominion Bank Imperial Bank of Can 100 20 — 7.000,000 7.000.000 7.000.000.118,349,760 8.^00,000 127,076,939 100 100 100 100 235 173 195 220 cent. 175"" 1 205 55"" "lOO '45 1,994,609 1,844,154 4,388,605 3,934,170 3.876,872 278,904 721,698 800.000 First Wise Trust Co. 44,053,003 1,972,584 2,116,974 1.707,139 1,864,433 27,619 Marshall St Hsley Bk a2.970.000 Mitchell St State Bk. Northern Bank..... Per Toronto— 34K 6K 5K 20 6 7 100 150 200 20 31 33 100 Per Montreal— cent. Bank of Montreal 100 100 207 161 215 Banque Canadienne. 100 100 113 115 100 185 188 36.000,000 39,000.000 678,024,489 7.000.000 5,000,000 128,608,271 750.000 13,953,237 BarclaysBk (Canada) 1,500.000 Provincial Bk of Can 4,000,000 1.000.000 47,499,571 Royal Bk of Canada. 35,000,000 20,000.000 730,274,325 » 162 Sale price. t Wisconsin Bankshares Corp. no par stock. a National Banks June 30 WYOMING Common and preferred stock debentures outstanding. 6 Dec. 31, 1937. d Unit of the Wisconsin Bankshares Corp. e 250.000 300.000 Stock Growers N Bk. 309,019 271,827 . Member of the Northwest Bancorporation. I Last sale. Per share. Obeyenne— American Nat Bank. Ex-dividend. x 100 5,534,572 7,200,498 100 . Quotations are for the last day of the month preceding the date of issue. Bid. Bonds Atlanta 3s Atlantic 3s 99 % ......... ........ 99 % 100K 100K 53 53 4Kb Central Illinois 5s......... Chicago 4Kb and 4Kb 5s and 5Ks. - 56 28 Burlington 6s 31 56 3K 3K 100K 100 Dallas 3s Denver 5s First Carolinas 5s 4K 4K 101% 101 Bid. Bonds, Ask. Illinois Midwest 5s Iowa of Sioux City 4Kb Lafayette 5s.... 101 99 4Kb Lincoln mm I.. 99% 100 99 K \m mm STOCKS 100 35 Atlantic Dallas 100 38 100 95 100 K Denver 100 30 Des Moines................ 100 50 99 Ohio-Pennsylvania 5s Oregon-W ashlngton 6s 35 38 101 Pacific Coast of Portland 5s. 100 101 First Carolinas 100% 100K Pennsylvania 3 a.. 100 101 105 107 First Trust of Chicago 4%8 100 101 Phoenix 4Kb 5s Freemont Lincoln. New York 101 Potomac 100K North Carolina 100 101K 102% St Louis 4Kb and San Antonio 3s 106K 99% f 28 108 100 101 Fletcher 3%s Fremont 4%u ... ... 5s—. ... 78 79 82 Southern Minnesota 5s 100K .... / / Flat price. x Ex-dividend. I* 66"" 7 3K 6 10 14 58 64 .100 20 100 75 100 55 24 85 60 ...5 ...100 70 —...... San Antonio... 14K 16K Virginia ....... ....... ........... V irglnla-Garollna V. 4 100 .100 ........... Pennsylvania Potomac 100 100 69 101 r 30 101 % 100 —....... 66 Southwest 5s 100 5s Greensboro (N C) 3s 81 45 45 100 Atlanta 90 102 3s 101 Par 101 100K 97 — 101 100 Virginia-Carolina 3s... 100 - 100K m 100 99% 99% 100 99% 100 First of Fort Wayne 4Kb.. First of Montgomery 5s First of New Orleans 5s First Texas of Houston 5s- / Ask, 99 .„ 91 87 ................... 5s__ Bid, 4Kb Virginian 3s 100K 90 New York 5s North Carolina 5s Union of Detroit 96 88 5Ks 5s...................... 4KB 90 100 — ... Bonds and Stocks. Ask. 87 93 ... IK 80 * 11? of the month Quotation* are a* near a* possible for the closing day Albany Metropolitan 5-6* Alden 1st 3-5s 1957 Ailerton 55th St 534* 1400 B'way Bldg 6 Ha stm-1948- - / 1410 B'way Bldg 3 Ha 1941-A&O.T Fox Det Theatre 6s 1942 A&O Fox New Academy of Music 3234 55 34 1945—F&A Allerton N Y Corp 1st income 4-5s 16 9834 6134 71 73 48 4934 . „ 1958——J&J 1963 J&J Debenture 2-4s Ambassador Hotel (Los Ang)-— Non-cum inc. 3-5s 1950—A&O/ '41-M&N Amer Insur Dn Bldg 6* 18 9734 6034 1955—- / New cum income 2-6* Allied Owners Corp «Seattle)— —-J&J f Arcady-Wilshire Co (Los Ang)-— 40 11949J&J f 32 J&D / 18 Realty— j 1st mtge coll 534s 1957—J&J Cum income 6s 1957 A&O Certificates of deposit 5634 Baker Hotel (Dallas)— 1st s f 5s 1950 (with stk) Bait Parcel Post 534s 1949 Bauman 4734 83 48 25 26 M&S f 57 31 3124 Income deb 6s ser B 1959.M&S jf Robert Treat Hotel (Newark)— 6s 1943 -..-J&J/ 3 51 53 5334 Roxy Theatre 1st 4s 1957 Russ Bldg. (San Fran.)6s '51 F&A J 52 19 20 4634 47 34 Kuaeeks 5th Ave Bldg 6a 1944.. * St Obar'e* Hotel (Atl Oy) 4c 1945 / / 62" St Louis Post Offices— 5 Ha 1938 8 Hotel Drake Corp inc 5s '53 F&A / Hotel Governor Clin 6s '48.A&O,/ 10 | Hotel Lexington (N Y C) Inc— Cum income coll 4s 1955.-M&S / Cum income deb 4s 1955.-M&S / 19 48" 43 28 1834 Units*! Hotel Sherman Inc 1st 5s 1957 10 Hotel Taft Corp 5s (Boston) 1st 6 Ha 1943—F&A Keith Memorial Bldg 6s 1943 33" Lake Sh Ath Club 1334 15, 77 7 74 6 56 53 18 ------ 19 Lawrence Hotel (Erie. Pa.)— ..M&S / 1948 6s 40" 5634 ------ Lefcourt State Bldg— / 11 62" Extend 1st 4-6 34 s 1948 Lewis Morris Apts 1st 4s 1950 Lincoln 42d St Corp— 13" . 1963 -—-F&A / Lincoln Mtge & Title— / Guar 5Ha ctfs of deposit Lincoln Mtge Co 5s (w-s) 1948— 30 4534 1 1 I 1 I J 1 1 40 Man hat Bids— Lefcouri 1st 4-5s exten to 1948 53 1 1 100 no 4934 35 66 income 5 Ha w s 2034 39 Midland Theatre Office Bldg 6s, 1941—M&N Loews Chanin Building— 1945-M&S / 1945-M&S / 3d Leasehold inc 1st 1945-M&S Chesebrough Bldg 6s 1948--A&O Chicago Evening Amer 6s 1938— 1st Leasehold inc 4s 2d Leasehold inc 2s & 58 56 1734 1834 Cigar Stores Realty Holdings— 8 f dep 534s 1949 ser A J&J / Circle Tn / / / 73 M&N 31 48 Lombardy (The) 6s 1942 98 99 85 Lord Bait Hotel 47 50 12 1 MfcO \M 1 I 1 36 76 18 90 93 30 32 '41--M&S 11 Park Place Corp 4s 1948 11 West 42d St new 4s 60 Manhattan 6s 28 25 26 sy 40 1948 Neisner 43 834 1956— A&O Jl* 23 Eppiey Hotels 1st sf 3-5s 1951 J&J Equitable Office Bldg 5s 1952 Deb 5a Legended 1952 Ferry Sta PO (San Fr) 6s 1934— Film Center Bldg 6s 1943--A&O 5th Ave & 28th St Bldg 634s 19455th Ave & 29th St Bldg 6a 1948— 5th Ave & 55th St Bldg 6 Ha 1945- 51 8034 53 101 77 8834 90 90 64 16 66 534 71 17 50 40 25 27 3534 37 50 15 88 94 24 % 6 26 7 series series series series series series B-I B-K C2 CW-1 FI Q f 38 40 f 49 51 d 3254 3434 1 I 15 ./ 25 40 42 31 38 40 19 2934 J&D 1500 Walnut Corp (Phila)— 1st 6s 1950 1512 Spruce St (Phila)— 1st mtge 6s 1943-- 46 M&N A&O 7 10 40 Exchange Place 5 Ha 1956.J&J 40 Wall 8t Bldg 1st 6s 1958 5 6 4434 42 Broadway Bldg 6s 1939 J&J 60 48 St Real'n Corp l-4s__Mar 1952 46 n Nominal, k Last sale. w M&N 1948 i i/ 2534 23 27 35 35 4034 5 52" Trinity Bldg 534s 19.19. .J&D Trinity Court BJdg 4s 1941 M&S Stamped Unstamped 2 Park Ave Bldg 4s_ 1946 23 Lexington Ave 2s 1950 29th St Towers Bldg 3s 1942 2124-34 Bway Bldg 634s -..1943 2480 Bway Bldg 2d mtge 3s 1944- Tyler 101 10034 13 Building- Gen Inc 6s July 1 1953 (w 65 s).__ 44 lildg (Jury— 1st leaahold 1944—J&J 16 Van Sweringen Co— 1st 6s 1935 F&A / 1st & coU s f «s 1938. ..A&O / Van Sweringen Corp 6s May 1 '35 / Varlck Ht Hta P O (N V) n* 1941 tuv f uo „ 65 50 12 14 5 10 14 12 §3 65 9134 93 57 60 1534 4 18 2434 2534 2034 2134 Hollywood Thea—- 1st 6 34s 1941 M&N Inc 7s 1962 / We8tinghouse Bldg 4s 1948-A&0 White Motor Realty 6s 49 co „ 1 1951.--J&J Washington Properties 1934 75 33 Impt 6s 1944 Ave 1st 4 34s w-s Nov 40 17 81 6 30 41 Wall & Beaver St Corp— 634 42 101 30 ~ ■ - General s f 7s 1941. 434 84" 1234 1st 4-5s (ws) 1958 M&N Textile Crafts Bldg 6s w s 1944- Warner ^Bros M&J r f One Park Ave 2d s f 6s '51 -M&ft 103 East 57th St Bldg 6s 1941—. ./ 110 So Penn Ave (Atl City)— i f 14 / Flat price, f 1st 6s 1943— 1034 334 1234 —. nuu-LULu A&C > Olympic Hotel (Seattle)— 15 / 40 22 (Bon Oliver Cromwell 6s 1939 / 6s '33-J&D 45 f 1/ 35 1st Leasehold 3s Jan 1 1952 55 Fifth Avenue 6s 1944 500 Fifth Ave 634s 1949 conv Wabash-Monroe Bldg 6s 1953 J&J Wadsworth Bldg(NV ) 6s '53 A&O Walbridge Bldg (Buffalo)— 3s with stock 1950 Waldorf Astoria 7s w w!954_M&S f 1900 Rittenhouse Sq (Phila)— North Station Indus Bldg 1st m s f 5s 1962 49M ./ 23 A&O 52d & Madison Office Bldg— 4734 t 1946—M&S 60 B'way Bldg 3-6s 51 Fifth Ave 4s 1943 934 99 A&O / / 10 East 40th 8treet Bldg 5a 1953Non-cum Inc 6s 1958 M&S / 1088 Park Ave Bldg 6s 1939. f 1088 Park Av Corp 2 34-5s'53 M&S / Textile Bldg 1st 6s 1958 vi a N / VanueroiU York Title & Mtge— 534s 534s 534s 534s 534s 5348 5034 ,11 M&S U S Realty & 50 F( 534s 1937 4934 90 82 _ Y Postal Service Station— New 4 Bldg (Boston)— 1947 Cien 7s s f w M N 5s . 1/ 4034 95 20 23 72 1 5 69 , 1334 25 33 Taft Rlty (New Hav) 6s'40 Income 3s w-s 1951 A&C >/ 10 4034 2534 1952 *ro» s 39 2 3034 85 N Y Athletic Club— Conv 2334 4234 Strausa-Manhat 100 Realty Inc— f dpH e«r 1948 J&DU 3734 37 y2 2134 4034 65 79 Adj mtge inc Apr 15 434® 1950. atl Tower Bldg 634s 1944 32 24 J 29 H 14 14 3034 3 10 6 334 6934 32 1234 1234 2834 — Syracuse Hotel 1st 3s 1955 Metropolitan Corp (Can) 6s 19 Metropolitan Playhouses— Debenture mtge 5s 1945—FS 5334 81 3s with stock 1956— Scbulte Real Estate 6s 1935— With stock. J&D Without com stock J&D 6s debenture 1951 J&D Sevilla-Bilt Hotel 734s '37 ctfs— Income 5s W-S 1956 22 7 82 M& 47 19 60 40 30 f 6s s 16 10634 60 4 20 52 79 A&O / San Fran Paramount Corp— 5s, 1943 .—J&J Savoy-Plaxa t oru 6a 1946—J&D/ 1st s f 534* 1946 J&D / Stone & Webster Mayflower Hotel ( D O) 5s 1950Mercantlle Properties, Inc— Sec s f 534s 1946 J&J Merchants Nat Prop 4s 1958(w s) Metropolitan Chain Properties conv Deb 5s series A 1959 4 M&S f 42 35 634 Towers— 1946— ~5~" 77 Properties— / / / / Sbeit>urn.inc(AtlO»jo3*» 4u-J&J / Sherneth Corp— 2s with stock 1956 / 60 Park Place Bldg 3 Hs-5s-1947 / 68 Sixty-one Broadway Building 3 34s 1950 with stock A&O / Income 3-3 34s stpd 1955 / 41 616 Madison Ave Bldg 6 Hs 1938-/ Southern Hotel (Memphis)— 6s 1953 27 ——J&J Speed Building (Louisville, Ky). 93" Income 5-6s 1945 M&N / 33 Stanley-Mark Strand 634* 1941 Stanley Real Kst 534* *45 J&D 4434 State-Randolph Bldg (Chicago)— 60 534s 1942 M&N/ Steuben Bldg (Chicago)— 45 1st 6s 1943 M&S / 7 Stevens Hotel (Ohlc) 6s 1946-J&J / Certificates of deposit 33 / 89 1st 26 — 3034 534 Marcy (The) 6s 1940 -.F&A Mark Hopkins Inc— 1st income 6s Feb 1 1952 Marshall-Wells Buildings— 26 M&N 42 34 5 1824 Bldg Corp 1st s f 3^-58—1940 Davidson R'lty 6s w w 1940 A&O Detroit Hotel 63*s to 1941.-M&S Dorset Hotel 1st partic 2s 1957— Drake (The) 6s 1939 M&N Eastern Ambassador Hotel units. Kdgewater Beach Apts 6s to '43— Liquid Tr inc 5-6s 50--Ann Oct Edgewater Beach Hotel (Chicago) 6 55 '47-M&N 1942-J&D 1 Madison Inc (NY C)— Mtge cum inc 3-6 Ha 1957M&N f Majestic Apts 4s (w-s) 1948 stmp J Retail - 43 f HW« '46 A&O Lords Court Bldg 5Ha 1st 34 g m Lord Nelson Hotel s f 4s 55" 1134 55 1st leasehold inc (Chic) 3-5 s, 1955 M&S / Congress Square Hotel (Port Me) 5 Ha 1946— M&N Court & Re^se^ ^^^ookljn) 92 London Terrace Apts— ' 1st & gen 3s (w-s) 1952 Construction— Colonial Apartments 6s 1937 Columbus-Venetian-Stevens Bldg 2534 Loew State Bldg (Los Ang) 6s '42 Loews Theatre Rlty 6s '47 M&S1* 83 ChicHerald & Exam 6 34s *50 M&S w s 28 (Chic) 634s '46 La Salle Wacker 5s fixed Units — 59 Building Insurance Exchange 65 100 1940--M&S 66 F&A 1947 2434 75 32 J&J Century Parkway 6s 1956—- / 1950 Syracuse inc 3s 1955 Hotel 50 23 X 63 38 Hotel St George 4s 1834 17 8 10234 :/1 If" —— 4434 Cent Manhattan Props 5s'46M&S / Central Zone Bldg inc 6s. 1941 -. / 80 John St extd 4s 1950 - 46 Cambridge Court Apt 634« 1937- 1st 634s 1945 80 Broad St Inc 4s Nov 1 36 1534 24 2 34 75 14 Provident Loan Society 6% ctfs.. / 10434 Prudence Company— 534s stamped 1961 57 Quincy Station P O (Chicago)— 6s May 1 1941 J&D/ 14 1st extended inc 6s 1950—J&D / 4334 Realty Assoc Sec Corp— Income 5s 1943 / 45 Repub Bldg(Denv) 3-5s'49.M&S / 6234 Herald Square Bldg 1st s f income 5s May 1 1948— 87 2nd Income 6s 1949 Bryant Pk Bldg (NY) 634s*45J&J / 30 10234 Budd Realty 6s June 1941--J&D 10234 6* Sept 1941 M&S 5034 Bush Term Bldg 1st 6s 1960_A*« 1947 8 2734 60 43 6234 1034 (Louisville)— sinking fund 5s 1949—— 15 Park Row 4s 31 33 26 6s 1st fee & leasehold 1942-.-. Brown Hotel Cum inc deb ext 5 Ms Dodge Corp 6s vtc '52 / Pennsylvania Bldg 6s 1939 M&N/ Philip Schuyler 6s serial C-Ds Pierrepont Hotel 3-4s 1951 / Pitts Hotels Corp 1st 5 Ha '4RM A J / Mtge cum Inc 5s May 1962... / Conv cum inc deb 5s May 1967 / Voting tr ctfs for common / Poll New Engl Theatres 5s. 1958 Gen income 5s 1983 M&N / 68 1734 2934 10134 20" 31 5 60 534* 1935 —--J&D7 Ben] Franklin 6s ctfs 1933____-- / Berkeley-Carteret 534s '46-M&N/ Blng & Bing deb 634* 1950 *&§/ Income 7s 1950 w-?--M&S1/ Book Tower (Det) 2-5s 52—J&J / Boston Parcel Post 3s Oct 1945— Boston Postal Serv 534s '38-J&J B'way Barclay Office Bldg— 1st. 2d 1956 / Bway Mot Bldg <N Y) 6s '48 F&A / Bway & 38th St 7s 1945 J&J Bway & 41st St Bldg 3-5s 1944--- / Bklyn Fox Corp inc 3s Oct 1—-- / Oolonade 66 ~ 1951—--Feb 17 Bldg 6>» 1961. M&N Hartford Times deb 4Ha '51 M&N Hearst Brisbane Prop— ! Bellevue-Stratford (Phila)— Chain Store Depot 6* 40" ■6334 25 Park Lexington Co Inc— 1st mtge leasehold sf 3s *64.J&J m Harrliiiaii (Ludwig)— Butler Hall 4-5s 28 39 63 / present 1st 6s 1940—M&S / 96 -F&A 1st 5s (Brooklyn) 1947 1st 5s (Long Isld) 1951-------Beacon Hotel inc 2-4s Apr 1958—'/ 1st 28 45" .— Greeley Sq Bldg 6s 55 Park Place 3734 26 Graybar Bldg vEast Offices inc)— 1st m leas eh Rs 1°46 -J&D 49 81 734 40 26 — . 33 51 64 1st M s f 3s loan ctfs 1955 F&A Park Central Hotel 6s ctfs 1935Park 37 H Common stock 834 834 33 H 82 2H-5s 1957 (with stock). 36 Adj non-cum inc 6s 1957-M&S Assoc Realty Bldg 'Los Angeles) Income 5s 1948 (w-s) J&J / 6H Granada Apt Bldg 6s 1938--M&S Grant Bldg (Pittsb) 7s '47— KAA Assoc 8 24 ASi. Orpheum Theatre & Realty— 2-6s 1946 —M&S/ Palace iiotel(San Fr) 5s '45 F&A / Pantages < Alex) 6« to 1947.M&N Paramount Bway Corp.— m / Realty Corp) 1st 2 34-4s (w-s) 1947 6s 1944 J* J Gair Realty Corp 5s 1948—J&D Garrett Buildings (Chicago)— 524s to 1940 J&D George Washington Hotel 6s 1944 Arrowhead Lake— 1st 7* 1944-1947 Chain Store 724 A&O f 1st sf 6^s 1942 Fuller Bldg (G A F 34 Non-cum inc 5s June 85 30 _ 43 Arcade Bldg & Rlty 3-6*1948 35 1st leasehold 6 Ha to 1941.M&S Fox Theatre & Office Bldg Income 3s 1957 ----Fox St Louis Theatre man- 63 61 1940- F&A Bid. Bonds. Ask. Bid. Boada. Ask bid Bonds. preceding the date of issue. Woodbridge Bldg 534* 7s 1940 1940---- 41—A&O A&O 75 53 54 68 101 41 50 60 "