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JULY IN RETROSPECT Paf« and Commercial Cotton Stock Market Dividend Declarations Federal Reserve Bank—Brokers' Iron and Steel Trade 9 --13 12 -— Course of the Hides and Leather 1 Financial Events Money Market New Security Issues Petroleum and Its Products....... Loans .16 Rubber 5 — ...17 Foreign Affairs... — Foreign Exchange.. Grain—Coffee—Sugar .... Textiles United States Treasury 8 INDEX TO STOCK EXCHANGE Baltimore Stock Boston Stock Financing QUOTATIONS New York Curb Exchange. Exchange.. New York Stock Chicago Stock Exchange Exchange^Bonds New York Stock Exchange Exchange—Stocks Cleveland Stock Exchange.. Philadelphia Stock Exchange..... Detroit Stock Exchange..— Pittsburgh Stock Exchange^. Los San Francisco Stock Exchange Angeles Stock Exchange INDEX TO GENERAL Municipal Bonds- Companies- Banks and Trust QUOTATIONS Domestic Domestic Canadian ..93 ......... Public Utility Bonds Bonds.... 79 Railroad Bonds.. Federal Land Bank Bonds 74 Public Utility Stocks Exchange Seats...-.-..-------- Foreign Government 91 ... Canadian 68 Industrial Bonds....... Railroad Stocks I nd ustrial Stocks.;. . Real Estate Bonds Insurance - - . . . - - - - - . Real Estate Trust and Land Stocks Stocks Title Land Bank— WILLIAM Safe Deposit 86 United States Territorial Bonds B. William DANA 86 United States Government Securities..91 Textile Stocks- Mining Stocks Guarantee and Stocks Securities Mill Stocks—see :.. 86 Textile Stocks Investing Companies Securities Joint Stock 72 .112 COMPANY, Street, Corner of ..91 PUBLISHERS Spruce Street, New York. Jtafje gepusit atul gnxst Wo —OF BALTIMORE— Capital $2,000,000 Surplus and Profits $4,196,364 CINCE 1876 this Company ^exclusively has devoted itself to the management and conser¬ vation of of It estates—specializing the whole effort its highly trained organization in this business. is one of the few trust companies in the which has never engaged in general banking, selling securities, etc. Its Directors are: country Edwin G. Baetjer Charles H. Babcock William G. Venable Baetjer & Howard Reynolds & Co. Baker, Jr..Baker, Watts & Co. Howard Bruce.--,- Chairman of Board of Balti¬ more National Bank George C. Cutler President of Safe Deposit and E. President Trust Co. Asbury Davis of Baltimore of United States Fidelity and Guaranty Co. Lyman Delano Chairman of Board of Atlantic Robert Garrett Robert Garrett & Sons Coast Line R.R. Co. Norman James -..President of James Lumber Co. J. Edward Johnston...Capitalist Blanchard Randall Charles E. Rieman Gill & Fisher .Pres. of Western Nat* Bank ■:-■■ v;:'?^;i-.',;■ v:;,,,:^J^r';, '->;-,'r .'.'.•.'" '/•,•' ■■ '."i-V:V.'..,;' ''. .VL"i-":/'v '■:*• .[' > . ■' ■' " ■ >v.-: »:• ;, • .• «. - ';7 ii'>•.'K-.v' !•,i:'r *■).[''] r 77v.;; ■ ' , • 'lV! ■''1 A' :•■. ;lV *••'*> . v rvV • > 4 •- vI • "■ * ' V//; ' ,V"'J ■ ^ -.1 ...,,, . ^ ...... v., ..1 ">■:'■ cA"J:iVi--'': RECORD U. REQ. S. PAT. OFFICE Copyright in 1937 by WILLIAM B. DANA COMPANY, in office of Librarian of Congress, Washington, D. C. Entered as Second Class Matter, March 9 1928, at VOL. 10 "Herald Quotation Record and The Bank and Quotation Record is of the Commercial & Financial Chronicle and is issued monthly. Term for the Chronicle are $15 South (except Argentina). Spain, Mexico and Cuba, and « The subscription price to the Bank and Quotation Record is $10 00 year. Postage outside of United States extra. Single copies are sold a *t $1.00 per copy. DANA William Street COMPANY, the bill for court reorganization, with its provisions for tenta¬ tive enlargement of the United States Supreme Court, was uppermost in the public mind during the past month. bill definitely abandoned was July on 22, when tration leaders in the Senate joined with the arranging to recommit the Committee. Defeat of the bill, five months ago, was ascribed Adminis¬ opposition in which by proposed was President Roosevelt in somewhat different form than more to growing public sentiment against its principles, and was hastened by the letter from Governor Lehman of New York to Senator Wagner, the latter to vote against the bill. dent's program ment to domination decisive. Not by of one other the the two ganization of denounced as the of his sudden death Robinson July 14 on President Roosevelt's proposed reor¬ Supreme than worse the President's note Court, the which original stir the opposition the Senate to shelved of 70 to 20, opponents some However, measure. July 15 to Senator Barkley, Acting on Majority Leader, insisting that the fight vote was likely to end the acrimonious debate that had arisen the substitute for over features semblance a the Supreme of revolt. Court On July packing bill 22 by a In reported July 22, the committee bill for the reform a being measure shorn on the July 27 oi.e's outside July 28 President Roosevelt and his the The measure tax ; ' plugging evasion. ! 1 the Revenue ' ; laws <,":;V ' provide against • ' H'" agreeing on July 22 by Senate to submit leaders new court the a Administration's bill, after proposals for the reorganization of the United States Su¬ preme Court, ported a the new the the committee bill providing for bill making no on July reform 27 unanimously re¬ of judicial procedure, provision for the enlargement of Supreme Court, nor for the appointment of additional' lower court judges. As reported by the committee the bill ("we quote from a Washington dispatch to the New York is unpopular accompanied by Court One of the most contro¬ the original bill which dealt with Chief Justice to shift Federal judges. among asked the General Attorney whether there is a need It was made known by Presi-$ conference on July 27 that he Roosevelt at his press had for opinion an as to appointment to- whether he has authority to make a recess Supreme Court, in which tribunal a vacancy exists as a the result the of Devanter June 2. on Earlier in the month dent's (July 6) Democratic Senate on the Senate on July 2 by the debate on the Presi- ~ open proposals reorganization court substitute, late majority the j in begun was the before brought leader, Senator sponsored by Senators Ashurst, The substitute, Robinson. • Van Willis Justice Associate of retirement J appointment of one Supreme Court for each Logan and Hatch, proposed presidential each justice new to year the incumbent justice more than substitute the was Senate had agreed on Debate on 75 years of age. by begun Senator Robinson : after the July 6, without a record vote, to take The Senator, in moving to substitute the that of the President's original proposals, served the new bill. up bill for he that notice would every use filibuster and force a vote. any means • available to break v Opposition to the compro¬ previously been evidenced, increased" in week later, and the chances of approving the mise, Which bad of Senator dimmed following the death on July 14 fight for passage of s: week before the shelving of the J Robinson, who had been heading the the on It bill. was only a July 22, that the President indicated in his Senator Barkley that he had no intention reforjn. demands for court his letter of giving up f ' President Roosevelt Sign* Farm Tenancy Bill, Authorising Funds for Federal Loans for Purchase of Land funds Act, which authorizes Federal for to loans to be Bankhead-Jones the appropriation made to of desirable farm purchase farm land, and for the purchase and retirement for cultivation of submarginal land. The appro¬ priation authorized by the legislation for loans to the farm tenants is not to exceed of Supreme Court within Court the senior Circuit have enabled the dent tenants * Court Reorganisation Bill abandonment District a judges to give aid. for additional district judges. : to Following the action of the Senate Judiciary Committee in in more district was Farm Tenant Bill for Reform of Judicial Procedure Reported by Senate Judiciary Committee Following Abandonment of President Roosevelt?* Supreme shall be filed with the President Roosevelt on July 23 signed the in,the lower Federal courts; loopholes in that Judicial Council to report . providing assistance for low-cost housing projects The bill creating reforms Legislation bill wage requiring within 30 days after the lower court decision \ to the next session of Congress as to The bills include the following: hour and minimum litigation involving; litigants, private ney General Cummings and the \ of Congress. The maximum the memorial requesting Attor¬ to congressional push through despite the growing movement for adjourn¬ ment enjoin a bill, leaders agreed upon a legislative program which they hoped to or would own The bill Court plan and of the provisions affecting lower court judges. On one courts the Senate a Supreme by features among the provisions of Senate judicial procedure, of entirely of to statutes. appeals congestion assign may measure on Federal of expediting that papers • accordance with the agreement reached by the Judiciary Committee new for there is lower Despite the defeat of the bill, President Roosevelt is said to hold that his court objectives have been partially gained. sought days. appeared to go on is judges ' solve prob¬ subsistence for judges when sent on such special assignments by the senior Circuit Court judge. Only last year the President vetoed a special bill authorizing this amount of subsistence. Under present law, Federal judges assigned to other districts are allowed only '$5 a day—which means that working govern¬ branches, The stunningly of Senate Majority Leader Joseph T. seemed of the arm controversial original plan remained alive. urging The defeat of the Presi¬ to subject the judicial it Federal statute. reached and The the Senate Judiciary measure to , about the country at will, regardless of circuit boundaries, to lems of congestion. The new bill authorizes $10 a day for Administration's the ] . < which in cases notice of appeal shall be filed versial FINANCIAL EVENTS affairs, • , all in constitutionality judge REVIEW OF JULY—COMMERCIAL AND governmental principal following the , involved. courts a Provision the Concerning j* Intervention by the Attorney General in all private When Publishers, parties operation of 60 Spruce Street, New York corner the Three-judge is CHICAGO OFFICE—208 South La Salle Street, ' LONDON OFFICE—Edwards & Smith, 1 Drapers' Gardens, E.G. WILLIAM B. of one and U. 8. Possessions and Territories; $16.50 in Canada; $18.50 in and Central America $20 In other foreign countries. contains ,, Direct appeal of constitutional Cases from the Federal District Courts ; to the, Supreme Court, at the request either of the Attorney General or of - within the United States annum per Tribune") features: publications of the companion one NO. 8 AUGUST 6, 1937 NEW YORK, Bank . the Post Office at New York, N. Y., under the Act of March 8 1879* $10,000,000 for the fiscal end- ! year ing June 30, 1938; not to exceed $25,000,000 for the fiscal year for ending June 30, each able in 40 years at for the year ending June 30, 1938, and not as > $20,000,000 for each of the succeeding two fiscal 1 There is created under the bill "as an agency of and within the known The appropriation purchase of submarginal land is not to exceed $10,- V.-. exceed years. The loans would be pay- J. 3% annual interest. 000,000 for the fiscal to 1939, and not to exceed $50,000,000 fiscal year thereafter.- Department of Agriculture" a corporation to be the Farmers' Home Corporation,,: , ; , v'' -T " MONTHLY EEVIEW . The measure was submitted to ture following the President for his signa¬ the approval on July 15 by the Senate of a conference report adopted by the House on July 13. Overrides President Roosevelt*s Veto of Bill Continuing Reduced Rates on Certain Federal Land Bank Loans Congress The measure continuing in effect the low interest rates Federal Land Bank loans became a law on on July 22 without;. of (President Roosevelt when the Senate, on that day, followed action of the House in overriding the President's veto of the bill. The Senate vote was 71 to 19, 11 more than the required two-thirds majority. The House the signature compact to conserve oil and gas executed by Kansas, New Mexico and Colorado. The compact will expire on Sept. 1, 1937. two years the Governors of Oklahoma, Texas, a joint resolution to give consent to the extension of the A compact Senator brought was Thomas, and Committee Mines on before was and the Senate referred, Mining. on The the resolution on July 27, while the on that July 22 date, Senate to by the approved House approved it on July 29. President Roosevelt Orders Department Heads to Effect Annual f 1 Saving of $400,000,000 President Roosevelt on July 6 made public the text of a passed the bill over the President's veto by a vote of 260 letter he had sent on June 23 to the heads of government to 98 on July 13. President Roosevelt vetoed the bill on executive departments, agencies and establishments, in July 12 in the interest of economy. \ • ' 11 1 which he ordered a total saving of $400,000,000 in an The bill, which had been sponsored by Representative attempt to effect a "layman's balance" in the Federal Marvin Jones of Texas, Chairman of the House Agriculture budget for the current fiscal year. He thus forecast an Committee, extends for one year the present 3%% rate on The certain Federal Land Bank loans; provides a 4%:rate on aggregate saving of 10% in executive expenditures. President explained at a press conference that there are such loans for the period July 1, 1938, to June 30, 1939, and statutory limitations to certain phases of this economy provides a 4% rate on Land Bank Commissioner's loans for a period of two years. President Roosevelt estimated in drive, since he had no power tp reduce salaries of govern¬ ment workers, certain expenses of the army and navy, and his veto message that the reduction of the rates of interest the $400,000,000 that must be put aside each year for debt on Federal Land Bank loans to 3%% for the fiscal year retirement. He added, however, that savings can be made 1938 and to 4% for the fiscal year 1939 would "necessitate by curtailing certain government activities. payments from the Treasury in the amount of approximately $31,700,000 for the former year and $21,200,000 for the President Roosevelt Asks Senate to Ratify International Sugar Agreement Signed at London Last May latter, a total of $52,900,000. President Roosevelt, in a special message to the Senate on Albert S. Goss, Land Bank Commissioner of the Farm June 28, asked that body to ratify the international agree¬ Credit Administration, said on July 23 that the continua¬ ment signed at London on May 6 designed to regulate the tion of the 3 y2% rate on Federal Land Bank loans is effective as of July 1, and the reduced rate of 4% (from production and marketing of sugar. The agreement, signed 5%) on Land Bank Commissioner loans is effective as by representatives of the United States and 20 other coun¬ of July 22. tries, is designed to become effective on Sept. 1. In his message to the Senate asking ratification of the agreement, President .Roosevelt Urges Adoption of Long-Term Farm Program— President Bills Submitted to Senate and House announced plans, President Roosevelt on July 12 sent an identical letter to the Chair¬ men of the Senate and House Agricultural Committees in which he urged the committees to go forward with, and Congress give "sympathetic consideration" to legislation for a long-term farm program. While the President did not indicate it as his desire that the legislation be adopted at the present session of Congress, he explained that "if we wait until next year the ultimate objective will be the same but we may be faced with emergency conditions which would make the legislative and administrative problem more difficult because of the very fact of moving hurriedly under the fire of an emergency." Although the President favors Secretary of Agriculture Wallace's ever-normal granary idea, his letter to the Chairmen of the Agricultural Com¬ mittees did not refer specifically to the bill now before Congress embracing this plan. In accordance with previously Senator Ellison The President's letters were addressed to Chairman of the Senate Com¬ mittee on Agriculture, and Representative Jones. The President asked that consideration be given to the following D, Smith of South Carolina, three-fold program: First, to the continuation of the present agricultural conservation pro¬ gram as the foundation of the long-time plan. for the assurance of abundance for Second, substantial reserves of food for use in years consumers of crop by storage of failure. Third, for protection of farm prices and farm income. eVer-normal granary plan and also some of the principles set forth by the Presi¬ dent was submitted to the Senate on July 15 and the Additional legislation embodying the House on July 20. Roosevelt President Signs $194,536,063 War Department Measure Providing Funds for Flood Control President Roosevelt on July 19 signed at ' the $194,536,063 making June "is a matter of great prac¬ Marriage Clause" of 1932 Economy Act, Barring Man and Wife from Government Posts» Repealed / President Roosevelt on July 26 signed a measure repealing section 213, or the so-called "marriage clause" of the 1932 Economy Act, enacted during the administration of President The section Hoover. force became provided that whenever reductions in in any Government bureau, an em¬ ployee whose husband or wife also worked for the Govern¬ necessary ment would be dismissed first. The bill rescinding the provision was sent to President Roosevelt for his signature after the Senate had unanimously adopted it on July 22 and the House had approved it on July 8 by a vote of 205 to 128. Roosevelt Signs Resolution Appropriating $3,000,000 President Federal Participation in New York for World's Fair Roosevelt signed the joint resolu¬ Federal participation in the New York On July 9 President authorizing tion be held in New York City during 1939. completed action on the legislation on July 6, when the resolution was approved by the Senate in the same form in which it was adopted by the House on June 30. The bill was introduced by Representative Mat¬ thew J. Merritt of Flushing, N. Y., after President Roose¬ velt had vetoed a similar resolution authorizing an appro¬ World's Fair, to Congress priation of $5,000,000 and providing for a commission under of Congress to direct Federal participation. The 'President vetoed the original resolution because of both control these provisions. A $3,000,000 appropriation is under a bill approved by the House and Senate The House tion Committees. to the Senate appropriations for the fiscal year ending 30, 1938, for civil functions administered by the War Department, containing a direct appropriation of $52,500,000 and earmarking a like amount from the $1,500,000,000 work relief fund for flood control work. The 'measure also appro¬ bill Roosevelt said that importance that the Senate give consideration to it the present session." tical a on authorized Appropria¬ July 19 passed and sent bill which would permit articles imported countries for the purpose of exhibition at the be admitted without payment of tariff. from foreign Fair to Redrafted Wagner-Steagall Housing Bill Reported to Senator—Pro* vides for Low Cost Housing and Elimination of Slums priates $128,000,000 for rivers and harbors improvement. Final congressional action on the measure was taken on Calling for a Federal appropriation of $26,000,000, the Wagner-Steagall housing bill was reported to the United States Senate on July 23 by Senator Black, Chair¬ man of the Committee on Education and Labor. The bill, July 15 when the Senate adopted a conference report pre¬ viously approved by the House on July 9. The conference the elimination of slums, represents a agreement had been reached by the conferees on July 7. House Votes Six Administrative Aides for President—First Step in .' Program to Reorganize Government * The first of four House bills involving the Administration's Government reorganization program, was passed by the House on July 27. The bill, which was passed by a vote of 260 to 88, authorizes the President to appoint six adminis¬ trative assistants at salaries of not more than $10,000 yearly, who would perform such duties as the President may pre¬ scribe. The measure has been sent to the Senate for action by that body. The three other House bills designed to carry out the plan to reorganize the Government, cover reorganization of the Comptroller General's office, the civil service and the executive departments. A single Senate bill involving the program, was introduced in June by the late Senator Robinson. Congress Urging Extension of Agreement to Conserve Oil and Gasr—Senate and Approve Resolution Message of President Roosevelt to Interstate House In velt Roose¬ asked for the enactment of legislation to extend for a message to Congress, dated July 19, President revised the object of which is to provide for low cost housing and redraft of the original Wagner bill, and is said to meet the views of the President Department with respect to the lowering of costs which the legislation would impose upon the govern¬ ment. A National Housing Authority, created under the and the Treasury bill, would make loans and grants to State and local hous¬ ing authorities. Besides the $26,000,000 appropriation for the first year, provision is made for the issuance of $700,000,000 in bonds over a three-year period. From a Wash¬ ington account, July 23, to the New York "Journal of Com¬ merce" we quote: The $26,000,000 appropriation immediately made available includes $1,000,000 to be available to the Treasury for subscription to the capital stock of the Authority. The Authority is to be authorized by the bill to obligations amounting to $206,000,000 between now and July 1, 1938, $250,000,000 the next year, and, $250,000,000 the third year, making a total of $700,000,000 as against $1,000,000,000 provided originally. , t issue Senate and House Conferees Agree to Add Maintenance Bill The Senate on as Tydings Retail Price Rider to District of Columbia Tax July 23 unanimously approved the Bill Miller- Tydings Retail Price Maintenance Bill which was proposed as a rider to the Emergency Tax Bill for the District of AUG., 1937] Columbia. and the Senate bill; The latter Senate the Senate said was passed by the House was District Committee July 2 attached on at the REVIEW MONTHLY United States June 18, on tax its with measure mend the adoption by their respective Houses of the MillerTydings bill, said Washington advices of that date to the York "Journal of Commerce" passage which added of the measure, completely dis¬ Department to the price, maintenance legislation have not met. 1 cery In July 31 passed the on so-called Wage and Hour Bill, under which is created a Labor Standard Board of five members which would be empowered to fix a minimum hour wage at not to exceec 40 cents an hour, and to determine upon a Court 1 a strike the maximum hour is illegal because its company to operate a closed dustry. Under the pending House bill, as amended in Com¬ mittee, the Board has authority to fix minimum wages ai not to exceed 70 cents an hour, while maximum hours per as as low as 35 hours. The Administra¬ tion's child labor provisions were stricken out of the Senate bill and replaced by the Wheeler-Johnson Child Labor bil governing child labor—these provisions barring shipment o: child labor goods into a State in violation of the laws of tha State, in addition to prohibiting such shipments from inter¬ state commerce. on Education and Labor July on favorably reported the* Administration's bill to provide maximum hours (BlackConnery) minimum wages in and The House Labor Committee began consideration of the voted on Retail store employees would be subject under a change to this effect July 21 by the House committee. On July 28 Sen¬ Vandenberg criticized the National Labor Relations Act and offered amendments to that Act and hour$ bill. as a rider for the wages Senator Wagner, however, persuaded Mr. Vandenberg to drop the rider for the sake of progress. On July 30 the Senate voted to eliminate from the bill all em¬ ployers of 10 or less persons. It also approved an amend¬ ment to exempt from the hour provisions of the bill em¬ ployees of trucking concerns whose hours are regulated by the Motor Carriers Act. The exemption was likewise ex¬ transport concerns whose hours tended to employees of air fixed by the Railroad are The enactment main Labor of the bill Act. by the Senate "Three higher of the Federation after word had spread in the Senate that and other leaders wished its recommitment for further he Regarding amendment an July 28 by the House on Committee, Washington advices to the New York "Times" said: The House Labor Committee voted 8 to 7 to adopt an amendment offered by Representative "Wood of Missouri broadening the scope of the Mr. proposal. Wood is President Where Board the to Wood Senate prescribe amendment and " of the bill Missouri Federation would minimum would »«• V ; Committee wages permit the permit a in not excess from range of Labor. proposed that 1 \ 11 ,i Favorably The House Committee nental of 40c. 40c. to 70c. iHr J 1 r 11 "v L g i * hour, an The the Agriculture ure, areas United imposing in . supplying the States. sugar On July the July 2 favorably market of the conti¬ 15 the House Rules Com¬ The meas¬ tax of $05,000,000 annually on sugar United States, is designed to supplant a con¬ the Amended AAA Upheld by United a States Circuit Court of Appeals at San Francisco The amended Agricultural Adjustment Act; was upheld July 22 by the United States Circuit Court of Appeals at San Francisco. The opinion written by Judge William Denman, and concurred in by Judge Bert Emory Haney, held that Congress had not handed over its powers to Secretary of Agriculture Wallace, but had merely made him its agent in carrying out its directions. According to the San Francisco "Chronicle" of July 23 decision after decision, including the United States Supreme Court rulings in the Schecter "sick chicken" case, invalidating the NIRA, and the Jones & Laughlin case, upholding the National Labor Relations Board, are cited by Judge Denman. on Illegal, According to Court of Los Angeles to Unionize Establishment Associated Press advices state that the court held that no labor dispute existed between employer and em¬ ployees and that pickets were established for the sole pur¬ of inducing the company to employ only members of the protesting union or to force employees to join the union. pose Wisconsin "Little TVA" Bill Signed by Governor La Follette The Wisconsin Development Authority bill, known as the "Little TVA" bill, was signed by Governor La Follette of Wisconsin on July 1. The measure, it is said, embarks the State upon a broad program of public utility ownership. According to Associated Press advices from Madison. July 1, Governor La Follette stated that the three purposes of the law are to provide an agency to coordinate the 85 publicly-owned utilities in the State, to expand rural elec¬ trification and to promote further public power develop¬ ,sV ; Operations at Steel Plants Nearing Normal— Youngstown Sheet & Tube Co. Concludes Pact with C. I. O., Ending Strike-rReport of Federal Mediation Board ' ' , During the past month steel mills in Ohio were operating on Sugar Jones-Costigan Sugar Control and Domestic Allotment Act which expires on Dec. 31 next. It would also authorize the payment of cash benefits to domestic producers who comply with Federal production control regulations. It was re¬ ported on July 9 that President Roosevelt is onnosed to the provisions of the compromise bill. Validity of . of Superior Judge Emmet H. Wilson at Los Angeles on July 26. An injunction was granted by the coUrt prohibiting the Amalgamated Meat Cutters and Butcher Workmen's Union from picketing plants of the C. S. Smith Metropolitan Market Co.1 of Los Angeles, Long Beach and Compton. nearly normal basis as plants that had been affected reopened and non-strikers returned to work a by strikes under on to is illegal and unen¬ unlawful, all acts in also unlawful." JFThe picketing of a place of business for the Hole purpose of forcing an employer to unionize his establishment is a violation of the Federal bill of rights, according to a ruling Senate < Reports Jones "Compromise** Opposition to Bill on necessary contract providing for the closed* shop The object of the strike being Standards '*■' }'11 z1 mittee refused to grant a rule to the legislation. sumed . strange that at this late day it should be strike which has for its object the 'closed shop' is unlawful, a a Judge Emmet of Superior ment. Labor reported to the House the "compromise" Jones bill, to pro¬ vide a new quota system for the domestic and foreign sugar producing it seems Picketing of Plant ' House wages, recognition of the union (whatever that may mean) and the forceable. fixing a maximum work week of not less than 40 hours, where the Wood amendment would authorize a level from 85 to 40 hours. ' vogue and adopt the closed shop plan. objects of the strike are stated in the defendants' affidavits— repeat that bill would permit ■< of the strike is to compel the complainant to abandon the closed shop; but it is insisted by several of the union leaders that the strike will be continued until the closed shop is accomplished. urged by was Green, President of the American Federation of Labor, whose views, it was pointed out in United Press advices from Washington on July 30, clarified the position Labor purpose shop heretofore in open William changes. of the Vice-Chancellor. "The primary object of the strike is the closed shop and hence unlawful," the Vice-Chancellor wrote. "Defendants' affiants stress the fact that the July 12, on to the provisions of the bill ator follows the conclusions purpose is to compel the shop and that therefore picket¬ From the same paper we quote support thereof, including picketing, are industry. bill ing in this strike is illegal. "And The Senate Committee Sustains investigation by the Commission. week which could not be fixed below 40 hours for any in¬ week could be fixed Orleans ruling in which he recorded his oral ban of the previ¬ ous week against picketing at the plaht of the International Ticket Co. in Newark, Vice-Chancellor Berry, in the Chan¬ cery Court, on July 20 held that labor contracts providing for closed shops are "illegal and unenforceable." Accord¬ ing to the Newark "News" the Vice-Chancellor ruled that Senate Passes Wage and Hour Bill vote of 56 to 28 the Senate New Labor Contracts Providing for Closed Shops "Illegal and Unenforceable" According to Vice-Chancellor Berry in New Jersey Chan¬ been a under sons regarded opposition of the Administration and determined to risk the possibility of a veto by President Roosevelt. It is also stated that objections voiced by the Treasury By at by the United States District Court for the Southern Dis¬ trict of Florida in three cases involving the rights of per¬ the that of Appeals The represent almost a complete revi¬ sion of the House bill. On July 29 Senate and House con¬ ferees on the District of Columbia tax bill agreed to recom¬ New Court Securities and Exchange Commission announced on July 23 that the United States Circuit Court of Appeals at New Orleans had upheld the right of the SEC to subpoena telegraph companies to submit copies of telegrams sent or received by persons relating to subject matter of SEC in¬ vestigations. In this decision the Court reversed a ruling rider time to conferees, in urging Circuit SEC Right to Subpoena Telegrams in Connection with Official Inquiries; ' ' ' r1 /.fc to the reporting it rider the price maintenance as a Committee's in 3 the guardsmen. Sheet & Tube Co. and representatives of the Committee for Indus¬ trial Organization reached an agreement ending the strike in the company's plants at South Chicago and Indiana Har¬ bor, Ind. The agreement was concluded through the Inter¬ protection of police About the middle of the month and national the Youngstown mediation of Governor Townsend of Indiana. On July 13 the Youngstown plants were opened, thus ending the 47-day steel strike which had affected four companies with plants in States. seven Resumption of work at the Youngstown plants was re¬ ported as follows in an Associated Press dispatch of July 13 from East Chicago, Ind.: Controversy over who had "won" the strike abated little. The com¬ reasserting its position that no agreement had been made with any one, posted large signs at each gate. They read: "Notice—We have not made any agreement or contract with any official, pany, person or organization. This plant is which existed when work was The headquarters closed on open for work on the conditions stopped May 26, 1937." of the C. I. O. at Massilon, Ohio, were July 12 after a riot at the plant of the Republic Steel Corp., when striking pickets battled police. were killed and 15 were injured in the riot. On July 14 a nine men Federal Grand Jury at Cleveland indicted for obstructing the mails at steel , plants in Ohio i Representatives of the Department of possible." Associated Press advices of July 14 from Cleveland described affected by strikes. Justice said they would be tried "as speedily as indictments as follows: ■ Two men followed indictments The deliveries Wool Handlers in Boston End Corp. Republic officials charged 0. I. 0. Committee, Perkins made public Labor 1 special report from the Federal Mediation Board which had appointed to seek a settlement of the strike of em¬ In promulgating the re¬ port, Miss Perkins said that the C. I. O. is a "responsible" ployees in four steel companies. issue with Tom M. Girdler, Corp., the Secretary quali¬ fied her statement by remarking that she did not mean that certain individuals of the C. I. O. might not be irresponsible at times. She pointed out that the report of the Mediation Board did not seek to place blame for failure to end the taking While union. and a 40-hour week, but con¬ closed shop, upon the condition that there be no discrimination against the strikers. The strike, which is estimated to have cost the workers nearly demands for a wage increase a been labor $30,000 in lost pay, resulted in an embargo against the Port of Boston by several shipping lines who refused to handle wool cargoes for Boston until the strike was settled. Chairman of the Republic Steel Fall River the independent steel companies for failure to negotiate with the Steel Workers steel it criticized although strike, Organizing Committee. report discussed in detail the claims of the C. I. O. detailing the various conferences ^held in furtherance of the efforts of the Board to negotiate The of company officials, and a settlement of the strike. Strike Ended at American Smelting & Refining Co. Plant in Perth Amboy, N. J. Operations at the Perth Amboy, N. J., plant of the Amer¬ ican Smelting & Refining Co., halted on June 23 by a sitdown strike of union workers, were resumed on workers returned to their jobs the under a July 6 when one-year agree¬ ment between the management of the company and officials of the Smelting & Refining Committee 1,500 employed at are strike June 23 on Workers Union, affiliate of the Organization. Approximately Industrial for as demand for a increase and union recognition. which The workers went on a 20% wage the plant. result of a As to the settlement under they returned to work we take the following from Associated Press dispatch from Perth Amboy, July 6: an Under plant continues an as open shop, but the company Smelting & Refining Workers Union for all the 1,500 employees. agency unskilled workers for rate the it nizes the skilled iy2c. hour an semi-skilled and Wage increases raised the $5 to for eight-hour an employees "in recog¬ the collective bargaining as rate for and day, the fair proportion." as Sole Bargaining Agent by Philadelphia Rapid Transit Co. As the result of an election held recently at the order Mayor S. Davis Wilson of Philadelphia, the Philadelphia Rapid Transit Co. on July 15 notified the P. R. T. Em¬ ployees Union that the company would recognize it as the sole bargaining agent for the 9,300 workers. The election been men, held 6,551 July 9, at which the Employees Union on votes; the Brotherhood of Railroad Train¬ 1,067; the Transport Workers Union, affiliate of the Committee for Industrial Organization, 272, and the Amal¬ gamated Association of Street and Electric Railway Em¬ ployees, affiliate of the American Federation of Labor, 220. The three defeated unions have appealed to the National Labor Relations Board to conduct an election. They have charged that the Employees Union is a company body. The unions had sought to prevent the holding of the election ordered by Mayor Wilson. Union Workers End Seven-Week Strike at Plants of Aluminum Co. of America in Alcoa, Tenn. The seven-week Aluminum Co. strikers, turned strike at the Alcoa, Tenn., pjants of the America of on members to of the ended was Aluminum July 11 and the Workers Union, re¬ their jobs during the week. The company em¬ ploys a force of 5,200. The strike was started on May 18 when 3,000 workers walked out in demand for elimination of an 18c. at Alcoa wage hour an and differential between the company's New differential plants Kensington, Pa. now strikers voted almost It is stated that the amounts to about 15c. an hour. The unanimously July 11 to return to work at the Alcoa mill. This action was hastened by an appeal from William Green, President of the American Fed¬ eration of Labor. mills, and these non-union on The strike had forced the closing of the were workers reopened entered on July 8 when some of the the plants. On the preceding day two men were killed, 20 were shot, and many were injured in a fight between strikers and police outside the gates of the plant. had been called. Garment Workers Order New in York finally restored after troops Return to Work Under New Approximately 35,000 ladies' cloak and suit makers in than 1,500 shops in the metropolitan area of New York, who went on strike July 8, resumed work on July 13 following the signing, July 12, of agreements between more makers of several Joint ence both eral wage employer organizations and the Cloak- Board Workers Union. of the The International agreements were Ladies' Garment signed in "the pres¬ of Mayor LaGuardia of New York, who commended in affecting the settlement and averting a gen¬ strike in the industry. The new agreements provide sides increases annually. for the 1 ( of the New York New Haven & Hartford trustees 22 petitioned the Federal District Court Conn., for permission to abandon the Fall River and New Haven steamship lines. This action fol¬ lowed a "sit-down" strike by 200 members of the steamer Commonwealth. Officials of the line had planned to aban¬ don the 90-year-old Fall River-New York service at the end of the summer, but their action was hastened by the strike of crew members. The line suspended operations on July 18. On July 27 Judge Hincks, in the Federal Court at New Haven, granted a petition of the trustees of the New York New Haven & Hartford RR. to abandon the RR. on July in New Haven, operation of Fall River and New Haven Settlement of ^Strike at Steamship Lines. Plant of Apex Hosiery Co. in Philadelphia Agreement for the settlement of the 12-weeks' strike at the plant of the Apex Hosiery Co. in Philadelphia was reached on July 29, following an all-night conference led by Assistant Secretary of Labor Edward F. McGrady. The agreement, it is stated, is based on a compromise of shop issue, which precipitated the strike. Ac¬ cording to the Philadelphia "Inquirer" of July 30, the terms whereby settlement of the strike was effected provide among other things the following: v ■ The union, Branch 1 of the Committee for Industrial Organization— the closed affiliate American Federation of Hosiery Workers—is to be the sole bargain¬ with the check-off system of dues collections for those who sign authorization cards. The mill will operate on an open-shop basis for a period of at least seven months. After that time, if the union can demonstrate it has a ing agency for its members, of the employees as members, a accepting all workers as closed shop system members. "Inquirer" states that the company did not agree to damage suit against the union, it was learned, but it was reported to be tacitly understood the case will not be vigorously pressed. The withdraw its $3,000,000 Trucks in Buffalo End Striker—Walkout Packers Continues Drivers of Food of Meat eight-day strike of truck drivers in Buffalo, which had city's food supply, ended on July 29 after July 28, unanimously ratified a compromise contract reached with wholesale grocery merchants. The strike, which had tied up the city's supply of butter, eggs, canned goods and other staple foodstuffs, was participated in by about 1,000 drivers. Another strike in Buffalo is threatening an acute meat An threatened that the drivers, on shortage in that city. This is the strike of over 1,200 pack¬ ing house employees, which on Aug. 1 had entered its twelfth day. The strikers are seeking wage increases ranging up to 25%, improved working conditions, and recognition of the Committee for Industrial Organization as exclusive bar¬ The following regarding the agreement which ended the strike of truck drivers is from Buffalo advices ot gaining agent. July 28 reported by the Associated Press: The compromise all employees who 5% pay increases for 1, a $25.20 half pay for one-week vacations with pay. Minima for skiUed 65 cents an hour for truck drivers and 62 Jf cents an provided a modified closed shop, have not been advanced since last; March a 48-hour week, time and a minimum for unskilled workers, overtime work, and workers were set at hour for helpers. "It is a fair and just man contract," said the Rev. John of the New York State Labor Relations home here as a special mediator P. Boland, Chair¬ back to his Board, who came in the strike. Packing Co.—'Plants Strike Ends Wage Increase Given Workers of Phillips Cambridge, Md., Reopen as in signed on July 23 by Albanus Phillips, Phillips Packing Co., Cambridge, Md., wages of employees of the company are increased to the "minimum wages paid under the National Industrial Re¬ covery Act," it was reported by the Associated Press in advices from Cambridge, July 23. The contract also pro¬ vides for recognition of the Cambridge Workers' Association, Under President a contract of the t was Agreement officials Members The will be instituted, the union of received tine Suspends Steamship Service and AskslCourtjAuthorIt permanentlyf Fottpwin# Sit~Down Strikefyy ity to End substantial majority Employees* Union Recognized had which had virtually tied up movement of wool Port of Boston, ended on July 9 when union repre^ sentatives signed an agreement with the Boston Wool Trade Association. The union won for the workers their ceded the demand for a July on Boston, in the lines. danger in passing picket of in Three-Week Strike strike of approximately 700 wool handlers A three-week would not subject its employees position with the assertion the department 'Secretary Steel intended for delivery at the plants. The which made a preliminary investigation, Postmaster General W. W. Howes uphold the department's Office Assistant heard Republic mail "censoring" Post Senate plants. strike-affected to were men between controversy a Department, which refused to make other than "normal" and the Post Office to REVIEW MONTHLY 4 workers, estimated at $5,000,000 Inc., as formed during a strike, as the sole col¬ the workers. The strike, had forced the closing of the recent agency for which had started on June 22, lective-bargaining company's packing and can manufacturing plants. As a result of the contract signed July 23 the can manu¬ facturing plant reopened on July 24; the packing plant had reopened on July 9 following the granting of a 10% wage increase to the plant's workers. Mr. Phillips explained on July 23 that the wage increase under the contract signed that day will result in "a substantial increase to the can-plant workers and to some of the workers in the packing plants. Other points of the agreement, which will remain in effect ■V.'.v-'-v;-: .v/1' .' , ■ / ' ■ ■ .. ',-:.l" ,--V • ■ ;■•>•-'.,- v.f-:*;" .Ar,..;;-: il'.".. ■•■(.■, >7 ■ " 1, '</ .• : .V. ' ... iv'--' February, 1938, summarized were as That the company will reemploy as openings all former workers without discrimina¬ are That the plant will not operate on Saturday afternoon except In of emergencies. >;V . That there will be no ^ strikes or ■: y. . event walkouts during time of the agreement and that disputes which cannot be settled otherwise will be referred to a board of arbitration. That the company will deduct from workers' pay dues of the association upon written authorization of the individual workers. The advices continued: In six months of negotiations prior to the strike the full demands of five culinary unions were met by the owners and later were extended to chamber¬ maids, elevator operators and bellboys. But they were not granted to the "confidential employees." . . . a settlement reached with the six striking unions Monday night the conditions under which the strikers "" return to work are: 1. Arbitration of the work week. * i fSR • i I 2. A shorter work week than the normal 48 hour basis to the award is made. of strike the unions lost absolute assurance of the 40 hour week; accepted a modified version of the union shop clause but recognition for about 75 of the originally disputed 48 of whom are members of the Hotel Employees Union. won |t. Front office clerks 150 employees, SI New Financial Arrangements two v ' ' V . financial contemplates United States gold sales to Brazil to $60,000,000, and exchange equilibrium is to be safe¬ additionally through making dollars available to up guarded Brazil "under conditions which safeguard the interests of both countries." The Brazilian desire to establish a central reserve system is to be fostered by American technical assistance. On the question of Brazilian-American trade a issued was by Senor Brazil and the Souza Costa and de It agreed, accord¬ that the reciprocal trade pact to the announcement, between was United States be based upon the Some minor complementary necessary to safeguard the existing most-favored-nation principle. measures held were trade accord some other "in view of the form of trading pursued by Protection countries." is to be accorded the principles and benefits of the existing treaty "against out¬ side competition that is directly subsidized by govern¬ ments." In press reports from Washington it was made quite clear that the expansion of German barter trading understanding. Nor was the hint neglected in the Reich, for a statement was issued in Berlin on July 19 in which the new Rio-Washington accord with Brazil occasioned this criticized sharply. was World Economic Study ' Leopold III, King of the Belgians, sent an onen letter on July 23 to hisPremier, Dr. Paul van Zeeland, which indicates that every effort is being made in Europe to salvage something from the conversations undertaken with regard to world economic problems by Dr. van Zeeland at the course of his studies. sented It was accepted that this repre¬ cautious approach to another world economic con¬ a ference, but the likelihood of such a conference being held the early future is not great. Suggestions have been heard from many quarters, in recent years, that Mr. Roose¬ in the overcome delegates These were anxieties which he fostered when our recalled from the London conference in 1933. suggestions generally that the President were initiative and call general conference a and trade matters, but nothing Treaties The Belgian Premier, who is one of the best-informed economists of the world, conferred with United States and German officials, as well as those of Great Britain and France, in the completed in Washington during July were cial section velt recognized, but inside office help, such as book¬ stenographers, auditors and the "white collar" workers are are excluded from terms of the agreement. for . v."' ' ■ the invitation of the British and French Governments. prevail until 3. Preference of employment for five culinary unions, comprising chefs, bartenders, cooks' helpers, dishwashers and waiters. 4. Recognition of approximately 50% of the disputed "confidential employees." 5. A modified union shop. 6. Arbitration of wages along^Jwith hours. Hence in 90 days peculiar ing Hotel managers identified these employees as "confidential employees" and said they should not be included among the hotel "workers." keepers, . completed with Brazil on July 15 may be have considerably more significance than the financial understanding with China. The finan¬ Secretary of State Cordell Hull. An 89-day strike of 3,200 workers in 19 of San Francisco's largest hotels was terminated on July 28 and the hotels, closed during the dispute, reopened on July 30. The strike, which began on May 1, is said to be the longest hotel strike in history. It is stated that the strike involved a loss to the hotel owners of approximately $8,000,000. The strike had been ordered by the Joint Board of Culinary Workers and Bartenders after the hotel owners had refused to recognize the hotel employees' union, local 283, as the collective bargaining agency for some 150 clerks and clerical employees, said a dispatch from San Francisco, July 30, by the United jfc On the basis of V'' to joint statement Hotel* in San Francisco Reopen as 89-Day Strike Ends—3,200 Return to Work Press. • ;. ■:•'•.• accords assumed found except those who "were guilty of acts of violence while the plants were Closed." > > '' '< ^ 1 . The follows in the Associated Press advices quoted above: tion r ■■■■:•.: MONTHLY REVIEW AUG., 1937] until .■'■■'■'• take monetary In these circum¬ developed. on Great Britain and France hit upon the happy ex¬ stances curious pedient similarity of reflecting means for reduction by the United States Treasury of its gold accumulations in the Inactive Gold Fund, which hovered around $1,200,000,000. The first ground. of these accords was made with be drawn from the new versations between treaties, which have the China, after lengthy Chinese Finance Minister H. con¬ H. of inviting Just as Dr. of a the Belgian Zeeland van was Premier to about to embark discussions, King Leopold made public announced great economic questions facing mankind. joint statement a of on the previous made available accord wherever July 10, this treaty slightly revised form United States in exchange for Chinese silver. zilian treaty announced on July 15, Morgenthau with Brazil's Finance was gold was The Bra¬ arranged by Mr. Minister, Arthur de Souza Costa, and it was accompanied by another pact relat¬ ing to the trade problems of the United States and Brazil. The financial portion of this general for sales of gold by the United States understanding calls Treasury to Brazil, in amounts up to $60,000,000. It appeared that such sales connected with the Brazilian desire to establish a cen¬ are tral banking system, but a little mystification is the additional statement that the gold is to reserve caused by to the me being. which the Treasury is faced. The statement covering the indicates would lines that take They do, further place on Chinese-United progress an States pact in monetary cooperation expanded scale, much along the of the agreement reached in of of a the The conclusion that the letter reflected the world from the talks of his Premier. essential," he said, "to create economic I to minimize slightly the gold problem -with study studies whose value would "It seems organization for an be assured by the triple virtues of universality, permanence and independence. Continuous adaptation to the constantly changing economic factors would be the object of the institution's studies. If we wish to avert war and bring mankind back to pacific feelings, we must have the courage to face the economic problem as a whole and find solutions for the great and threatening questions of the distribution of raw materials, means of exchange, the international division of labor and the serve for keen desire of the monarch to gain at least some benefits for remain in the United States. however, and independent institution drawn in many quarters was a Whether these pacts initiate series of similar accords with other countries is a matter on which no light is available, for the time the task letter to his Premier suggesting the establishment permanent in on the summarizing his conversations and the conclusions to Kung and Secretary of the Treasury Henry Morgenthau Jr. As appears to represent a continuance in explore 'balance am between industrial and agricultural nations. convinced that the moment is favorable, and that we hope to find not merely the support of all govern¬ ments, but also the approval and backing of the great social, religious and philanthropic bodies." Some cautious words of approval promptly were uttered in Washington and London, which inakes it possible that such an organization can will from result the recent studies of Dr. van Zeeland. will Secretary of State Cordell Hull praised the Belgian King's modest variation, however, from the 1936 program of direct United States Treasury purchases of silver, with China free to buy gold with the proceeds. The newest accord calls simply for Treasury purchases of letter and remarked that the suggestion accords with the American desire for the dissemination of economic knowl¬ be May, 1936. Tliere a silver from China, while China in turn is to effect gold purchases with the funds thus realized. Dollar exchange is to be supplied to China for currency stabilization purposes on a broader formerly. The two finance officers expressed "great satisfaction" over the beneficial results of the pro¬ scale than of monetary reforms and currency stabilization in But the statement failed to disclose the price to be paid for Chinese silver, and also the price which China is to pay for gold, although the latter figure doubtless will be the $35 a fine ounce price which gram China. No information long has been prevalent. made available regarding the amounts of the transfers. Since China was free in any event to ship silver to the United States and to acquire dollar bal¬ ances in exchange, it was surmised was quite generally that really had more, political than financial sig¬ nificance, since it was announced just as the newest Japa¬ the nese treaty incursions upon northern Chinese territory started. edge and a, full interchange of information. Foreign Secre¬ tary Anthony Eden, speaking for the British Government, expressed warm appreciation for the ideals which inspired the communication. Bank for International Settlements Leading European central bankers gathered at Basle, Switzerland, on July 12 for the usual meeting of the Bank for International Settlements, but it appears that little was accomplished other than the usual exchange of views on prominent matters of the day. The informal exchanges of views are held quite valuable, however, and they may well exceed the ordinary functions of the Bank in importance. One item of favorable news, heard officially by the Board, was to the effect that the Netherlands gold embargo had been raised, and the practice resumed in Amsterdam. dispatch field of of extending foreign loans The informal talks, according to a to the New York and finance "Times," ranged politics. The naturally aroused much interest but : over French no surprise. '; ' '' : ' ' '' - *. rV'm :i"Sfp¥iw ": : v.''..'.-.-..- , mm M : ■ ' .v.. a wide devaluation It was MONTHLY KEVIEW 6 generally agreed that any return flow of gold to France would be unlikely to attain proportions to menace other major In currencies. instances the thought two or one appeared to prevail that Swiss or Dutch currencies might feel the effect of the French change. The opinion was ^ Minister, Georges Bon¬ voiced that the new French Finance ' toward an eventual conversion of high coupon rentes into lower interest obligations, much in the manner effected in the United States and Great Britain in recent looks net, removed or modified. were encum¬ The clearing system adopted by France to insure German payment and Young plan obligations also was allowed of Dawes to and the hope was expressed that the accords will improve relations between Paris and Berlin. There was lapse, much and times at concern Austria Reich contemplates German relations with regarding Czechoslovakia, but little indication that the early action that would impair the in¬ the; International Chamber of Germany, from June 28 to July 3, with 1,600 delegates in attendance from 40 leading The sessions ended with the adoption of 25 resolu¬ London, to overcome some of the more obvious difficulties '• International Chamber of Commerce Ninth The Commerce of Congress at Berlin, held was nations. but they could hardly be called an unqualified suc¬ tions, views differed widely as to the nature and causes economic stress. Political matters were injected into cess, as of discussion the occasion, hut they failed to disturb the on German spokesmen pleaded for a return of the colonies lost in the World War. A British plea fol¬ lowed for a German guarantee of peace, on the possible sessions basis unduly. of Great Britain and the United gold loan from a States which would have the incidental effect of redistribut¬ Summing up the results of the gathering, the Berlin correspondent of the New York "Times" re¬ marked that "in view of the world's growing political ing some gold. differences, business men have been as little able to com¬ Such events were overshadowed by subsequent moves European political in Eden also reveal immediate a few generally accepted methods left vague. The monetary resolution adopted by the Conference urged system of international exchange at stable rates, in the proclaimed a belief that there is need for stabilization on a gold basis. a This document endorsed the principle of monetary tion between as Great Britain, coopera¬ and extension by urged was last September, consultation. Cur¬ mutual depreciation for purposes of international competition reprehensible, but it was considered obvious that some further adjustments of price levels and exchange rency termed was would rates official have be to Removal made. of the unofficial impediments to foreign and recommended. A solution also was present lending was urged for the problem of "international debts of was urged, reduction matter of course,'in "present hindrances international exchange of goods and migration." the to a as a Upon creditor nations, it was stated, a special duty devolves payments by receiving from the world goods to permit debt and services in excess of their exports. In a general resolu¬ tion dealing with world economic reconstruction, the govern¬ ments of the world were urged to mitigate their armaments expenditures and once devote more economic resources to the improvement of the lot of mankind. Naval Competition naval accord of 1936 could continued that, new battleships now under construction in the United States.; The State Department indicated merely that is not universal a acceptance by naval Powers which necessitated the conclusion that not be made to prevail. could of Japan to keep the alteration the limit of gun the calibre at Washington 14 inches," 14-inch limitation a Actually, the refusal of first-line ships to 14 inches made necessary, and another severe defeat for guns on naval limitation was occasioned thereby. Quantitative limitation was obviated by the Japanese denunciation of the Washington pact, and the field now is wide open, as between the major naval Powers. Powers, With regard to the lesser developments were less unfavorable last month. Government announced on July 17 the signa¬ ture of treaties with Germany and Soviet Russia, where- The British under relationships to the British and agreements tative made to adhere to the limitations formation on fleet of the London building plans were now established useless nuali- pact. Exchanges of in¬ provided for in the latest are accords. But these treaties represent only a modest gain, since the main limitation of- the London treaty now is dis¬ continued. Although British authorities declared firmly for a time that they would adhere to the 14-inch gun on battleships, regardless of there were indications Admiralty spokesmen calibre is receiving in the July admitted actions of a that of other limit Powers, changing viewpoint. the close study. question of gun • European Diplomacy European political anxieties were not allayed by the de¬ velopments in the Spanish civil war during July nor by the growing conflict in the Far East. These events tended to restrain the diplomatists from sweeping enterprises in but some modest steps nevertheless were taken. France and Germany signed on July 10 agreements covering trade and the system of payments between the behalf of peace, relations, establish country has patch itself up highly successful. conferred at The comments the on major no Eastern shore of ^ Anglo-Italian relations apparently Prime Minister Neville Chamberlain some of contention between the two countries are said to have been discussed, and it is significant that the Italian gave much space and high praise to the in also was noted length in London, July 28, with the Ambassador, Count Din^ Grandi. The main points Italian is no policy The word "vendetta" has a ( This effort to was London other any he remarked. sea, contrast with press This occurrence. the long-continued embargo of British applied by the controlled Italian press under orders news from Premier London Mussolini. On Prime Minister that July 30 it became known Chamberlain effort to improve relations with had in continued Italy by dispatching personal letter to Signor Mussolini. lar, for that and Contents available, but dealt it reason very nificant. of was the was The step was singu¬ regarded as most sig¬ communication assumed quite were made not generally that they with outstanding problems of the two countries. Meanwhile, exploratory moves again were made by the British Government with a view to ascertaining the possi¬ bility of furthering the Western European peace pact Inquiries as to methods wrere addressed to the French, German, Belgian and Italian Governments. Spanish Civil War On were confirmed officially in Washington, on July 10, in the form of a statement that 16-inch guns would be mounted on two "there equivalent, H be not Italian that assurance pursuing toward should Power Expectations that the qualitative limitations of the Lon¬ don British and applied by Mr. Eden to the Red Sea, and it cardinal point in English diplomacy that a as a resolution categorical a of English no the In another term. gave were debts the on either of aggression or revenge. political origin," but some reserva¬ tions were made to that phrase, owing to the possibility that German authorities will try to include external private under The statement, as made July 19, had repercussions regard to the Mediterranean. He stated calmly forcibly that British interests in that sea will be de¬ fended without menacing the interests of others. There is ample room for all and free traffic through the Mediter¬ ranean must be preserved. Continuing in this vein, Mr. France and the United States called for by the tripartite agreement of a but Eden merely the tude with intention spokesmen of one which long have been delicate, and improvement apparently followed. Captain Eden outlined clearly the British atti¬ the economic differences between nations as the states¬ recommendations of aims, with Foreign Secretary Anthony of British Foreign relations, which good deal of the essence of problems in odd of the world. corners and In framing the resolution the business in traditional accountings pose diplomats." affairs. the House of Commons in London gave men / trade brances to dependence of either small neighbor. The Swedish Foreign Minister, Richard J. Sandler, visited Moscow early in July, evidently to eipphasize the traditional desire for peace with all nations that marks Swedish policy.1 v.-' years. ; countries, and in either case most of the depression year, 19 the Spanish civil war was in progress one* and neither the loyalists nor the insurgents had a suf¬ July ficient advantage to insure early ending of the bloody and costly conflict. Moreover, predictions as to the outcome obviously would have been futile, for the forces appeared to be rather evenly matched, with the preponder¬ ance of man-power and industrial control in the hands of the loyalists, while the insurgent forces of General Fran¬ cisco Franco continued to rely upon trained troops and the open support of Italy and Germany. The question of non-intervention was debated throughout July, with the of the war usual scarcity of practical results. Collapse of the non¬ intervention naval patrol was followed by partial collapse of the land patrol, and there is every reason to suppose that are receiving at least some aid from France the loyalists and Russia, just as extensive assistance is being rendered the rebels by Italy and the Reich. More than ever, the war in Spain resembled a major conflict of rival European political systems, fought on Spanish soil. With fascists and communists openly divided as little comment has been to Spain, heard officially in London on the But Foreign war. laration on Secretary Eden made an important dec¬ July 3, when he stated that the British Govern¬ ment could not remain indifferent "where British interests are concerned trade routes on that the land or sea frontiers of Spain or the pass her by." While this address was being delivered, the London non-intervention group of 27 nations sought means for adjusting the problems occasioned German and Italian withdrawals from the naval Unwilling to continue the patrol, German and Italian spokesmen objected also to assumption of the com¬ plete task by British and French naval units. The fascist representatives preferred to make some new demands for the granting of belligerent rights to their favorite, General Franco, and this complicated the position greatly. After protracted discussions, the non-intervention group decided on July. 9 to turn the whole matter over to the British Government for solution. A compromise plan accordingly was suggested on July 14 by London, only one day after by the patrol. Aug., 1937] MONTHLY the French authorities suspended the land patrol along Franco-Spanish frontier neutrality to its own and the preservation of entrusted the atmosphere bel¬ The actual course of the discussion, however# again reflects the complete unwillingness of many countries to make non-intervention a reality, A dispute promptly developed as to whether withdrawal of troops should precede or follow the granting of -belligerent rights to Franco. On this matter the British Government circu¬ larized other nations, with a sharp cleavage the result. in progress for the tension the of little. a Japanese spokesman the difficulties must declared be made that with condition for the withdrawal of troops. the sympathies of the various These moves reflect countries, but they do not advance non-intervention, and the suspicion seems justified that such really is the end sought, in some cases. The of the conflict reflected a rapid shifting of the of war, with the rebel advances halted for the course fortunes time being, The month strides in Santander and the loyalists making momentary progress. of July opened with the rebels making vast the Basque territory, where Bilbao1 fell and threatened. was By July 5, however, the loyal¬ ists completed their preparations for the lohg-rumored gen¬ eral offensive, and a wide attack was started to relieve the city of Madrid. Vigorous movements were started It The drive was continued with such force and skill that the rebels hastily had to abandon their offensive along the coast of the Bay of Biscay, and concentrate on the Madrid area. The rebels were forced to give ground, and for a time it seemed that they might be caught in a vast pincer But General Franco rallied his men and slowly the tide of battle again turned, with the rebels movement. forcing the loyalists back from some of their hard-won points of vantage. The key town of Brunete, at the southern tip of the loyalist salient, changed hands several times, and late in July remained in the possession of the rebels, with the entire front again settling into a dull duel of artillery. Air¬ plane combat I took place on perfectly enormous with the loyalists plainly superior in the air. J a China and Japan scale, is fashion, and the matter a of pure guesswork. At the end of July the fighting spread to the Tientsin area, 80 miles east of Pei¬ ping, and a major conflict was regarded as a possibility. Airplanes rained bombs upon the native quarters of Tientsin and laid waste large part of the city. Chinese troop bombed, and the usual Japanese declara¬ a . Undeclared war Taged through much of the month of July in northern China, where the Japanese militarists started another of their series of expansion moves at the expense of the people and territory of China. Fighting started on July 7 near Peiping, where the Japanese invad¬ ing force held they had blamed the a series of night maneuvers in an area where Clashes occurred for which each side and the actual circumstances remain business. no . other, clouded and uncertain. Japan merely was adventure, such eignty as The fact seems to be, seeking a added all pretext for of however, that another Manchuria to military her made peared unwilling to accept the gage of battle cast by the Japanese, and it seems clear that the latter thereupon decided that the time was ripe for still another maneuver of encroachment upon northern China. After sporadic fighting had been in progress near Peiping week, the Japanese presented their usual series of demands, and also referred vaguely to an agreement which they declared had been negotiated by General Umetsu with a Chinese General. This Ho-Umetsu agreement was vio¬ lated by Chinese forces, according to the Japanese, but the Chinese claim no such agreement exists. Its terms are a matter of pure conjecture, so far as other nations a are con¬ cerned, but it nevertheless served the Japanese aim of a general war of conquest in portions of China proper that many Japanese spokesmen promised in the past to respect. The area of foreign troop maneuvers defined in the Boxer protocol was violated by the Japanese, and an international aspect thus was given the entire matter. But all indica¬ tions in London and Washington were to the effect , that effect that all "bandits" would be ■ sions that China would fight to the last man to preserve territory from further despoliation. But late in July her of the most famous of Chinese divisions was withdrawn from Peiping, at the obvious behest of the Japanese, and one the actual course of events remained obscure. The fighting continued. Appeals were made on a number of occasions by the British, French and United States Governments for the preservation fever war distant. of peace in the Far East. The Japanese and peace seemed to be far mounted, however, The Diet in Tokio voted $30,000,000 for war expenses in cheering of the representatives. an appropriation of amid strenuous China, Irish Election General elections were held in Ireland July 1, to decide on upon the new Constitution for the Irish Free State proposed by President Eamon de Valera and his Fianna Fail associ¬ ates, and to select representatives for the new unicameral Legislature. Results of this plebiscite justified only in part the contentions of Mr. de Valera that all of the Irish Free State backed his Constitution and his ideas of pro¬ The Constitution was approved by a vote of cedure. 686,042 to 528,296, but after all disputes as to the election were adjusted it appeared that the Fianna Fail had lost slightly in its hold upon putting the the new Charter into effect. Legislature and might have Not much trouble concern was expressed in England regarding the election, for the London view of the Constitution is that no great changes in relations with the Irish Free State will be occasioned a united Ireland, as expressed aspiration. In the Dail, or bicameral legislature, which was dissolved on June 14, President de Valera and his Fianna Fail group had a small but definite majority of members. In the new an lower House of Parliament, however, the Fianna Fail will have 69 seats, or precisely the number of all other parties combined, making it possible that concessions will be found to insure sufficient necessary for Fianna Fail measures. of former President William T. Cosgrave obtained 48 seats, Laborites 13 seats, and independent members eight seats. support The Fine Gael party Palestine Division action to restrain the Japanese would be taken. Indeed, the neutrality legislation recently passed by Congress was not invoked, on the interesting and oft-predicted plea no After protracted a difficulties Palestine, that it actually would involve the United States in the Far Eastern conflict. The legislation remains on the statute book, but the course of Far Eastern events shabbiness of the law and the poor a major and sporadic conflict, in the Royal British British mandated Commission issued a area report of on July 7 which suggested partitioning of the country in rough approximation to the cultural elements. The report, of which the British Government approves, calls for the estab¬ lishment of a small but relatively rich coastal State for the Jews, which would comprise about one-quarter of the pres¬ ent area more of arid Palestine. Arabs trans-Jordanian would State, be with established a port at in a Jaffa. Finally, the holy area of Jerusalem, Bethlehem, Nazareth and other points would be kept under British control. The lengthy findings take due account of minorities and their disposition, immigration during the transitional period and similar matters. Although the report was supported fully by the London Government, it aroused controversy every¬ where, and it hastily was referred to the League of Nations for study and debate. A long period of study is expected to follow, and some London observers feel quite convinced that the eventual decision will differ materially from the pro¬ posals of the Royal Commission. Meanwhile, the danger of further clashes between Jews and Arabs remains. Steel Trade—Non-Ferrous Metals j "Enough spotty improvement has • occurred to convince the steel trade that the bottom of the midsummer recession has been reached," stated the "Iron Age" in its issue of July 29. This publication continued, in part, "There has been as follows: with at first, it airplanes. no pronounced reversal of the recent down¬ ward trend in new I Although fighting was modest had exposed basis upon which it was enacted. developed into now study of the religious and political encountered a even rapidly the Peiping-Tientsin region. Generalissimo Chiang Kai-shek, who controls the Nanking Nationalist Government of China, declared categorically on several occa¬ on ap¬ the to sover¬ the basis of the puppet-State of Manchukuo. In June a test of sentiment occurred along the Amur River, which divides Manchukuo and Siberia. The Russians for were were tions also thereby. Nor is the aim of in the document, more than , ! the obvious that parleys were proceeding in typical Ori¬ actual course of such conferences was ental against the rebels in Central, Eastern and Northern Spain, and some important gains quickly were made by the loyal¬ ists. of regime preferred to concentrate large masses troops in contiguous areas, and the fighting continued. of cleared out of the Italy, acting in their usual concert, maintained that belligerent rights to the rebels must be established as a settlement officials Nationalist drawal of foreign troops must precede the rights. and local a the Japanese instigated and controlled Hopei-Chahar political council. This is a favorite device of the Japanese for sever¬ ing vast areas from Chinese sovereignty. The Nanking trains Germany was the divisions from Japan to China, battalions departed for the Asian army Russia objected firmly to the granting of belligerent rights to the rebel general, while France maintained the with¬ | especially tense, dispatch of fresh Actually, only a few Continent, which relieved When the fighting was well under way, arrangements v ligerent rights to General Franco, but only after unanimous approval by the Non-intervention Committee of a complete withdrawal from Spain of all foreigners engaged in fighting on either side. The naval patrol would be suspended, but it was stipulated that neutral observers must 'be stationed in all ports of Spain to insure the same end.; J Land control would continue, and air control would receive further study, under this compromise proposal, which immediately was praised highly in all countries and accepted as a 7 tanks and all other equipment of modern mechanized armies in use. In mid-July the with officials. Under the British scheme, it was proposed to grant "basis for discussion." BEVIEW business, except in the Chicago district, where the first influences of abundant farm crops at high prices are more in evidence than in the areas farther east. ! MONTHLY 8 The equipment industries is outstanding. is not yet buying heavily for 1938 activity in farm REVIEW is swinging into the production :f' "Shoe although initial fall run orders are in below an The automobile industry encouraging models, but additional steel business from that source is expected within a few weeks. Steel production, which had been affected by holiday and vacation shutdowns, is in a contraseasonal advance, although there may be downward year ago. adjustments before the fall point to a new high total since output for the first six months ran 18% above a year ago. Although y the warm weather in July aided the liquidation of most lines of whites and retail sales are reported substantially ahead of the first half of last year, jobbers are believed to have a moderate buying movement gets into full The announcement on July 20 by the CarnegieIllinois Steel Corp. of continuance of present prices on its swing." products through the fourth quarter was followed by a similar announcement from the American Steel & Wire Co. r; and a number of independent companies. All of the major affected by strikes are again reported to be in operation. Steel scrap, after declining to $17.08 a gross ton (as of June 15), or to the lowest price for the current year, showed an improvement in each of the four weeks of last month, the quotation increasing as follows: On July 6 to* $17.42; on July 13 to $18.50; on July 20 to $19.17, and on July 27 to $20.08: this last figure com¬ pares with $13.67 a gross ton at the close of July of last steel units that were composite prices of finished steel unchanged, the former at 2.605c. a ■pound and the latter at $23.25 a gross ton, which compares with 2.159c. and $18.84, respectively, at July 28, 1936. The operating rate of steel companies having approxi¬ mately 98% of the steel capacity of the industry, according to the American Iron and Steel Institute, was estimated at the rate of 84.3% for the week beginning July 26 as com¬ pared with 82.5% for the preceding week, 82.7% for the week beginning July 12, 67.3% for the week beginning July 5, and 75.0% for the week beginning June 28. Opera¬ tions at the close of July last year were reported to be at "Iron Age" and pig iron continued ■year. The capacity. metals, "Metal and Mineral Mar¬ kets" during the month reported in substance as follows: "Demand for non-ferrous metals was active and the under¬ tone was firm to strong in nearly all directions, while in¬ the rate of 71.5% of As to the non-ferrous the manner, a While shoe output this fall will not likely attain record levels of last spring,> prospects for the full year of staple lines attributed to speculative purchases These inventories have exerted a retarding in¬ fluence on the placing of new orders. Furthermore, the fact that stocks cannot be replaced von a dollar-for-dollar basis is encouraging the holding of shoes for higher prices. In consequence, abnormally large re-orders for November and December production may be necessary. "The future trend of retail prices of footwear is obscure. carryover last winter. Manufacturers point vance. :v'/ out that higher costs justify an ad¬ At the same time, however, a number of firms are ordering a less expensive type of leather so as to enable them in the low price bracket. This doubt as to the public's to keep their shoes would indicate that there was some willingness or ability to pay much higher prices. operated steadily against a moderate back¬ "Tanners have In reflection of log of orders. Sole prices have been firm. the continued style demand for suedes there has been a vigorous demand for kid and splits calf leather has declined at while trading in grain the safrifice of the wide price differential previously enjoyed over sole leather. "For several weeks the tanners remained out of the hide market, preferring to pursue a Waiting' race against the packers, who were firmly holding out for higher prices. The gradual depletion of their raw stock inventories finally forced the tanners to give ground, and a large volume of hides changed hands at materially higher quotations. ducers of sonal Pro¬ specialty leathers also have come in for their sea¬ requirements of good quality summer hides. This demand, coupled with a return to normal stocks quiry was good, considering the season of the year. Do¬ mestic sales of copper for the week ended July 28 amounted increased compared with 9,317 tons in the preceding week, 11,881 tons in the week ended July 14, and 10,802 tons in the first seven days of the month. Sales of lead totaled 10,200 tons in the week ended July 28, 9,900 tons in the previous week, 7,450 tons in the week ended July 14, and 5,250 tons in the week ended July 7. Sales of zinc amounted to approximately 12,000 tons in the week ended July 28." Prices for copper and lead again were unchanged, these metals being quoted throughout the month at 14.00c., Valley, and 6.00c., New York, respectively. Zinc at New York increased on July 12 to 7.35c., the first price change since April 21, when quotations were established at the 7.10c. level. Tin at New York, after touching 60.37%c. on July 20, closed on July 30 at 58.50c., which compares with 56.62%C. at June 30. forced hide prices up to to 13,118 tons, as Lumber Movement The lumber industry during the week ended July 24, 1937, of the 1929 weekly average of production and 74% of 1929 shipments, according to reports to the National Lumber Manufacturers Association from regional stood at 80% associations covering operations softwood mills. of important hardwood and Reported production showed some reces¬ week and shipments were slightly business booked was heavier. All items figures for the same week in 1936. National production reported for the week ended July 24, 1937, by 5% fewer mills, was 6% less, shipments 3% less, and new orders 5% above the same figures for the preceding week. Production in the July 24 week was shown by mills reporting for both 1937 and 1936 as 11% above, shipments 15% above, and new orders 7% above sion from the preceding less, while exceeded new the corresponding those of the 1936 week. 531 mills re¬ ported production of 278,308,000 feet of hardwoods and softwoods combined; shipments of 249,664,000 feet, and new business amounting to 229,119,000 feet. For the preceding week 557 mills produced 296,248,000 feet, shipped 257,188,000 feet, and received orders for 217,845,000 feet. For the week ended July 10 reports from 573 mills showed a total output of 247,021,000 feet, shipments of 207,455,000 feet, and orders 'booked amounting to 197,468,000 feet. For the week ended July 3 a total of 553 mills produced 253,986,000 feet, shipped 262,361,000 feet, and booked orders for During the week ended July 24 a total of 225,060,000 feet. All regions except Southern pine reported orders below . production during the week ended July 24, 1937. All but West Coast, California redwood and Northern hardwoods reported shipments below production. Southern pine, West Coast and redwood were the only regions to report orders above those of the corresponding week of last year. All softwood groups reported shipments1 above last year except Northern pine. Hardwood regions showed lower orders than last year. hardwoods All regions but Southern pine production reported above arid Northern the corresponding in packers' hands and prospects of a smaller slaughter, has the highest level in eight years." - Grains developments was the dominant factor in domestic wheat markets during the past month. Wide fluctuations occurred as sentiment veered in response to favorable and unfavorable news in connection with crop Sensitiveness to crop prospects. Prices advanced sharply during the early part month, after which they turned around and declined. Stimulated by continued drought in the Western Provinces of the spread of rust in various United States wheat belts, offerings were light and buying active during the early part of the month. The Canadian crop disaster will no doubt have an im¬ of Canada part of and by reports of the the well as world supply and demand factors. Largely as a result of the severe drought in Saskatchewan, yields have been reduced to such an extent that some estimates of the prospective Canadian crop have been marked down to as low as 150,000,000 bush¬ els. Should such low estimates finally materialize, Canada, this year, will raise one of the smallest crops in history. Black rust, drought and heat were also said to have inflicted further damage in sections of the United States winter and spring wheat belts. Attention was paid even to reports of too dry weather in the Argentine, which country's next crop is still nearly six months off. During the latter part of the month, beneficial rains occurred in many of the drought-stricken areas both in the United States and Can¬ ada, while less was heard about the spread of rust. This turn of events prompted heavy realizing, under which prices reacted. Furthermore, the constant pressure of the winter wheat movement helped the decline. On July 9 the Fed¬ eral Crop Reporting Board estimated the total 1937 United States wheat crop at 882,287,000 bushels, or the largest yield since 1931 and slightly above the 1928-32 average of 864,532,000 bushels. The official forecast indicated 663,641,000 bushels of winter wheat and 218,646,000 bushels of spring wheat. It is claimed, however, that there is a possi¬ bility of the final yield of spring wheat, at least, not equaling the government's July prediction. Corn fluctuated very erratically during the month and developed decided weakness during the latter part. Oats arid rye, for the most part, moved downward during the entire month. Sell¬ ing of the coarse grains was stimulated by favorable crop conditions and easiness of the spot markets. In Chicago the September option for wheat closed on July 31 at 116%c. as against an opening price of 121^4 c. on July 1. At Winnipeg the October wheat option closed on July 31 at 132c. as against an opening of 135%c. on July 2 (holiday in Canada on July 1—Dominion Day). September corn in Chicago closed on July 31 at 92c. compared with an opening of 111c. on July 1. September oats closed at 29%c. against an opening of 38%c. September rye closed at 80^4c. as compared with the opening of 88%c. on July 1. portant bearing on domestic, as , Sugar 1936 week. Trading in sugar "futures" was fairly active Hide*, Leather and Footwear during the Letter," under date of July 30, discusses these markets as past month, with prices sensitive to changing indications of success or failure for passage of sugar legislation in this follows: session of Congress. The First National Bank of Boston, in - its "New England ♦ The general undertone, however, was '• ■/ ■-■-■: '0-:; m M mm MONTHLY Aug., 1937] easier owing outside favor to selling by of holders and restricted growing sentiment in tired speculative interest. With a adjournment, great effort has been made by pro¬ Jones sugar bill to secure a vote. There nothing definite upon which to base an opinion ponents of the has been that excepting only the undoubted necessity, either for new legislation or an exten¬ sion of the Jones-Costigan Act. Statements by both sides a compromise would be reached have indicated no exists quota system has proven too valuable to Sales of Cuban raw sugars were not very be that the discarded. change in attitude, yet a general feeling KEVIEW lowing the publication of the official July crop report, fore¬ casting an increase in acreage of only 10.4%, as against privately estimated 12% to 15%, a substantial rally de¬ veloped, in as much as low temperatures reported from parts of the South and excessive precipitation in the Eastern sections of the belt, put a somewhat less favorable aspect on the crop outlook. kets as as well word reached velt's statement next was favorable quoted at 4.70c. by all refiners throughout the month. Coffee markets continued quiet during the past month. The general undertone was steady. Trade attention in this commodity was to a large extent concentrated on the results that may be accomplished at the Pan-American Conference scheduled to take place in Havana on Aug. 9. However, there has been more or less skepticism over the prospect of constructive action, owing to the inability of Colombia and Brazil to work out a price ratio which would be regarded as workable. In the meantime, advices from Brazil were of a constructive nature, including a report that the National Coffee Department negotiated an internal loan equivalent to $30,000,000. This will serve to supply that body with immediate funds to pay planters as "sacri¬ fice quota" coffees are tendered. Sentiment was also helped by reports that the United States would sell gold to Brazil to aid her in her financial transactions, it being argued that such aid would assure continuation Brazilian Government's support of coffee prices. of the There fair routine demand for spot coffees. a No. 7 Santos quoted on July 3Tat 10%@10%c. against 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; ll%c. Feb. 27, and 10y2 @10%c. Jan. 30. was No. 7 Rio was quoted on July 31 at 9%c., the same 30, against 9%c. May 29; 9%c. April 30; March 31; 9%c. Feb. 27, and O^c. Jan. 30. as on June 9%c. Rubber Crude rubber continued its declining trend. of Immediate for the further recession in prices were the release causes the figures concerning shipments from the Far East to 55,000 tons from Malaya and 44,800 tons amounting from the Dutch East Indies, and, to larger degree, the announcement of the June production figures for Malaya, which reached a total of 51,569 tons for that month, or approximately 105% of the standard quota, whereas previous estimates had an even led to the belief that Malaya would not be able to produce its quota of 90%. The United States of America consumption figure for June, amounting to 51,800 tons, had little effect on the market, being approximately in line with expectations. During the last undertone week appeared of the month to be developing, somewhat a as it much as sales of tires are a gradually improving and the more asked May 29; 21 3/16c. asked April 30; 26%c. asked March 31; 22c. asked Feb. 27, and 21%c. asked Jan. 30. Textiles 'Seasonal dulness characterized the textile trades during past month. Retail business, helped by favorable weather conditions, made a fairly good showing, although comparisons with the corresponding period of last the materially year affected by the soldier bonus money during the as an and important stimulus. the sections continued fact that spending of summer, 1936, had acted The abatement of labor troubles outlook in the agricultural cheerful favorable factors; on the other hand, it was heavy spending for vacation trips and the sharp rise of foodstuff prices and rent scales served to somewhat interfere with the buying ability of sections of the populace. The wholesale trades, while experiencing a mild seasonal pick-up, clearly reflected the cautious attitude of were noted that largely owing to prevailing uncertainties price outlook. It was believed, reduced volume of current activity later in the season, buyers, over the future however, that the sharply buying will result in greater as inventories in general are said to be in sound condition and should require replenish¬ ment before long. Raw cotton in July continued its down¬ ward trend at an accelerated pace. The predominant influ¬ ence was the excellent outlook for the current crop. With early private estimates ranging from 14,500,000 to 15,500 000 bales, comparing with last year's output of only 12,300.000 bales, and with the current world States cotton consumption of United totaling but slightly for than 13,000,000 bales decidedly bearish views permeated the cotton trade. Fol¬ the new the ; President quoting crop could be lower unless would taken. The renewed outlook de¬ be as Roose¬ estimated at downward reports from the for the crop as remedial movement South well as official was aggra¬ stressing by the increasing of domestic and foreign in excess of 15,600,000 bales, acted as a further depressing influence. Spot cotton here in New York was 12.62c. on July 1. After a moderate decline to 12.49c., July 3, the price rallied to 13.05c., July 9. From that point, however, a steady decline carried the quotation to a low of 11.18c., July 31. Business in the print cloths markets experienced mild a July. revival Later virtual following in the official acreage the month, however, trading and prices showed further standstill, Print cloths at Fall River for 28-inch 64x60's report for came to a recessions. was marked down July 16 from 5%c. to 5}£c. On July 19 the quotation declined further to 5%c., and on July 28 another reduction carried the price to 5c., at which figure it stood July 31. The price of 27-inch 60x64's declined from 4%e. June 30 to 4%c. July 31, while Osnaburgs reacted from 10c. June 30 to 9^4c. July 31. The report of the Census Bureau, issued July 14 and covering the month of June, again demon¬ strated that the consumption of the staple in the United States continued at a high rate. The amount consumed in June totaled 681,394 bales of lint and 66,618 bales of linters compared with 669,460 bales of lint and 70,480 bales of linters in May, 1937, and only 555,449 bales of lint and 64,891 bales of linters during June, 1936. The woolen goods market displayed little activity in the men's division, as clothing manufacturers appeared well covered for their fall requirements. A further reduction in the accumulation of unfilled orders was reported, resulting in scattered curtailment of mill operations. The opening of next year's lines of tropical worsteds was productive of substantial amount of initial orders for these goods. Women's wear materials moved in fair a volume, although towards the end of the month less favorable reports from retail centers resulted in a slackening of the demand. Japanese double extra 13-15 deniers were ouoted July 31 at $1.82@$1.87 against $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 Jan. 30. In the case of were the 20-22 deniers Japanese crack double quoted at $1.78@$1.83 July 31 against $1.85@ $1.90 June 30; $1.73@$1.78 May 29; $1.82@$1.87 April 30; $1.81@$1.86 March 31; $1.76@$1.81 Feb. 27, and $1.91@ $1.99 Jan. 30. Petroleum and Its Products cre¬ attractive basis for replenishing purchases. Ribbed smoked sheets for spot delivery were quoted at 18%c. asked July 31 against 19%c. asked June 30; 20%c. were by Washington that however, increasingly precipitous and that the price trend for cotton over the years was Subsequently, became spinners, and re¬ ports from abroad indicating materially increased acreage figures for several important foreign producing centers. The appearance of the first private August estimates dur¬ ing the closing days of the month showing a probable crop extra long decline in rubber quotations is presumed to have ated two vated steadier was expected that the present seasonal lull in factory purchases would soon be superseded by a substantial buying movement, in as 14,500,000 bales action and from buying reticence Coffee was influences. resumed was The strength of other commodity mar¬ the sharp rally in security prices also served as steadying cline during the past month and consisted of the fol¬ lowing, all exclusive of duty: On July 13 July shipment at 2.52c. c. & f.; on July 20 early August shipment at 2.52c. c, & f., and on July 29 prompt shipment at 2.60a c. & f. The wholesale list price for refined, immediate delivery, numerous 9 Higher crude prices for low-grade crude oil in Texas, a sweeping advance in gasoline prices, and an August "market demand" crude oil of Mines at a new estimate by the United States Bureau all-time high figure featured July devel¬ opments in the domestic petroleum industry. The Magnolia Petroleum CO., a subsidiary of the SoconyVacuum Oil Co., Inc., on July 6 posted an increase of 5 to 6c. barrel in the prices of lower oil in Texas. The new a gravity Mirando grade crude schedule, which became effective immediately, established a price of 96c. a barrel for gravi¬ ties below 21, against 90c. previously; 98c. a barrel for 21 to 21.9 gravity, against 93c., with a 2c. differential up to 40 gravity. The latter and above remained unchanged at $1.36. The Humble Oil & Refining Co., subsidiary of the Stand¬ ard Oil Co. of New Jersey, not only met the Magnolia ad¬ vance within two days but in addition to setting up the higher level for Mirando also advanced low-grades of Refugio 1 to 6c. a barrel with 25 to 25.9 gravity posted at $1.11 under the new price schedule. Tightening of sup¬ plies in these two .fields has followed increased demand crude for the lower gravity crude from was refiners, and the advance not unexpected. A new all-time high in its advance market estimates was set by the United States Bureau of Mines on July 21 when it predicted that daily average production of 3,462,900 bar¬ rels would be necessary during August to meet market de¬ mand. The new high estimate was 39,100 barrels above the July forecast excess of actual last year. All of the five of the Bureau, and 395,500 barrels in in the corresponding month production major producing States—Texas, Oklahoma, California, Louisiana and Kansas-participated in the larger allowables recommended by the Federal agency. MONTHLY EEYIEW 10 suggested at 1,395,200 barrels daily, barrels above the Bureau's July estimate for the Lone Star State. This, incidentally, was the largest increase recommended for any one State. Oklahoma was lifted to 633,400 barrels from 629,700; California to 612,800 from 605,500; Louisiana to 253,900 from 253,000, and Texas production was which was 20,100 Kansas 200,500 from 195,600 barrels. to August for Oklahoma California... .... Louisiana. 1. Kansas New Mexico Pennsylvania Arkansas Montana... . . 605,500 Kentucky 253,000 New York 195,600 Illinois 100,800 West Virginia 53,700 Ohio............. .... . 52,900 39,800 29.100 17,700 16,800 15,200 13,000 July 28,400 16,200 16,100 Colorado 10,700 15,600 13,000 10,700 10,300 4,900 10,700 4,70 2,300 .... 52,800 39,900 Wyoming • 1,375.100 629,700 612,800 253,900 200,500 100,800 53,600 Michigan August July August .....1,395,200 633,400 Texas 2,300 Indiana August recommended allowables of the Bureau of Mines, however, were far behind actual production, 'Daily average output for the week ended July 24—which are the latest figures available at the month-end—disclose that production hit a new record high of 3,573,400 barrels during this period. The new high reported in the American Petroleum Institute compilation compared with the former The i new peak. of 3,573,500 barrels set in the final week of May. Output for the July 24 period was 152,600 barrels above the July market estimate of the Bureau of Mines, and 615,350 barrels above actual production in the correspond¬ ing 1936 period. of domestic Stocks the United and foreign crude petroleum held in States halted their advance in the week ended July 10 when a complete reversal of the trend developed, stocks sliding off around IV2 million barrels, according to the United States Bureau of Mines In the following week a smaller dip was recorded, again solely in domestic stocks, July 17 total dropping to 307,255,000 barrels. Since the 20-year low of around 287 million barrels set last January, stocks of domestic and foreign crude have shown a virtually unchecked advance due to the record daily average crude production totals scored almost weekly since the that time. Presidential of approval the congressional legislation granting permission to the group of States engaged in the Interstate Oil Compact Commission to continue operations was voted late in the month. President Roosevelt on July 21 sent to the Congress a copy of the interstate pact executed by the Governors of Okla¬ to conserve oil and gas New Mexico, Illinois and Colorado on May 10 last, and said in his message that he hoped Congress would enact appropriate legislation giving its con¬ sent to the compact. Under the Constitution, such con¬ gressional approval is necessary before States can engage in interstate agreements. On July 28 the House completed congressional action on the resolution extending the com¬ pacts which otherwise would expire Sept. 1. The Senate already had approved it. Representatives of the six States comprising the Inter¬ state Oil Compact Commissions were hosts to observers from several oil-producing States which have not yet joined the group at the July 13 meeting of the Commission held in Santa Fe, New Mexico. Among the major topics of dis¬ cussion at the meeting were the need for national legisla¬ tion in connection with the production of crude oil (this referred to congressional approval of the extension of the measures enabling the States to band together.—Ed. note* homa, Texas, Kansas, possibility of increased taxation on both crude and refined products, and the determination of waste brought about by storing oil over long periods of time. The American Petroleum Institute's report that the survey under way in which the United States Bureau of Mines is seeking to accurately determine the marketable value of oil in storage has not "Bfbught forth result as yet as the Bureau refused to release its findings "until many more tests are The any concrete made" attracted comment. Oklahoma Corporation Commission issued orders establishing the August allowable at 633,400 barrels, up 3,700 (barrels from the July level and in line with the quota recommended by the United States Bureau of Mines. E. E. Blincoe, Chairman of the Kansas Corporation Commission, who was a guest at the Oklahoma proration meeting in Oklahoma City at which the allowable was settled, dis¬ closed that Kansas probably would set its August figure at 200,500 barrels, up 4,900 barrels from July, in conform¬ ance with the recommendations of the Federal agency. The Texas Railroad Commission fixed its August quota at 1,500,000 barrels daily, a new high. Early in the month the Oklahoma Oil Control Board lost a court fight when the State Supreme Court ruled that it grant the British-American Oil Co. retroactive back allowable for its well No. 1, Mary Green, in the Mansion area of the Oklahoma City field, and further directed that the allowable be fixed at 100,320 barrels. The court action rose of a dispute when the Commission originally denied the company an adjustment on its potential and allowable. The company argued that its well was completed Oct. 2, 1985, but that delay by conservation officials caused the hole to fill with oil. This meant that the well was lost "fishing" The Commission had when official tests were started, necessitating a job that lasted until Dec. 25, 1935. crimination. revision Complete of the tax structure governing the petroleum industry was seen likely as it became known late in July that Governor Allred had called a special session of the Legislature for late September to consider oil taxes. The new plan for taxation, it was indicated by re¬ Texas recommended daily average production by as compared with the July forecast The Bureau's States granted the company only the allowable from the date of completion of the official potential on the later date. The court ruled that the well was completed on Oct. 2 and that to deny the company an adjustment would amount to dis¬ ports from Austin, is expected to include an attempt to tax pipe line profits, increase the present crude oil gross pro¬ duction levy, and an attempt to lift the cost of obtaining A hearing has 'been set for Aug. 19 by the Rail¬ Commission, at which it will hear testimony of refin¬ charters. road ers using Texas crude to determine whether current crude oil stocks held at refineries are sufficient for sustained This is in line with the suggestion of E. O. operations. member of the Commission, earlier in the month keep more crude oil above ground. The Railroad Commission issued a report late in the month disclosing that more than two-thirds of the crude petroleum produced in the State is marginal oil which cannot be brought under Thompson, that Texas its proration rulings, the report being based upon the daily allowable as of June 1. outlook for tax collectors and oil men alike was optimistic forecasts on higher tax revenues from crude and refined users and also ^record demand from consumers for both crude and refined prod¬ ucts during 1937. State and Federal Governments this year will collect approximately 190,000,000 more in gasoline taxes than was paid by the Nation's motorists last year, and if automobile sales and gasoline consumption keep up at their current pace, gasoline tax receipts in 1938 should show an increase of close to $100,000,000 over 1937, according to the A rosy held forth in exceedingly American Petroleum Industries Committee. Domestic crude producers will have a market for 100,000,000 barrels of crude oil over 1936, while refiners will find markets for oil 50,000,000 barrels more gasoline than a -~»r ago, the "Oil Should these latter figures be realized, new highs for both crude and gasoline consump¬ and Gas Journal" estimated. tion will be set this year. "World oil supplies were estimated to total at least 7,072,- 200,000 tons by Ivan Gubkin, Vice-President of the Russian Academy of Science, who told the opening sessions of the International Congress of Geologists today that the oil supply is ample for many years to come," according to an Press dispatch from Moscow published in the New York "World-Telegram" of July 21. "Constant re¬ Associated covery of new reserves by improving geological research why *we methods was cited by the scientist as the reason in the near practical importance and will not have think that talk of exhausting world oil reserves future lacks any for a long time/ Smith of the United any The Congress, presided over by Philip States Geological Survey in Alaska, of Soviet resources total supply might be heard Mr. Gubkin state that estimates lead Russians to believe that their as high as 6,376,300,000 tons." Crude oil price changes posted during July follow: Socony Vacuum subsidiary, lifted low*grada July 6—Magnolia Petroleum, Mirandon crude oil 5 to 6 cents a barrel, effective immediately. Standard of New Jersey subsidiary, met the Magnolia advance in Mirando, and also boosted low grade KefUgio crude July 8—Humble Refining, 1 to 6 cents a barrel. In the refined products field, the widespread gasoline price advance initiated by the Standard Oil Co. (New Jer¬ sey), through its marketing subsidiaries, and which spread throughout the entire Eastern and Atlantic Seaboard mar¬ keting area, overshadowed all other developments. Constantly advancing costs of production and transporta¬ tion, coupled with the record demand for motor fuel, of %c. a gallon for all grades and methods of deliveries in the areas served by 'Standard Oils of New Jersey, Pennsylvania and Louisiana, while the Colonial-Beacon posted like advances in its marketing terri¬ tory. Sole exception to the sweeping boost in prices was the metropolitan New York area. The advance was posted July 12, effective the following day, and was quickly met by all competing companies in the affected areas. Second in interest to the price advance, however, was the report of the Department of the Interior on July 8 disclos¬ ing that gasoline consumption during the first half of 1937 had set a new all-time high at 246,000,000 barrels. The new record compared with 221,000,000 in the first six months of 1936 ; 201,000,000 in 1935's first six months; 195,000,000 for the first half of 1934; 176,000,000 in the like 1933 period; 178,000,000 in the first six months of 1932, and 192,000,000 in the first half of 1931. Continuation of the upswing was indicated by the Department of Mines July 21 estimate of August demand of 52,600,000 barrels, up 14% from actual brought a price increase demand in the like 1936 month. the record six months' production, the Department of the Interior pointed out that the recordbreaking demand for petroleum products during the first six months of the current year is a fairly accurate barome¬ ter of business conditions in this country. The best single In announcing of prosperity in the petroleum industry, it stressed, is that of domestic consumption of motor The export market also improved during the first index was fuel. half, AUG., 1937] totaling MONTHLY REVIEW nearly 10,000,000 'barrels year. :/■; The in record a steady weekly fact in by that ■ the American Petroleum refinery operations set showed Institute the despite all-time high late new holding at extremely high levels. are unchecked an a drop during July under the in demand with the corre¬ of seasonal expansion sponding drain upon holdings. pressure As the Department of Justice disclosed late in July that anti-trust division was investigating charges of "con¬ its spiracy to peg oil prices" in the Eastern section of the country, made against independent jobbers by smaller oil jobbers, the government ran into increased difficulty in its attempt to bring William V. Hartman, Yice-IPresident of Gulf Oil Co., to trial before a Federal court in Madison, Wis., where he has been indicted along with officials of 28 other oil companies, on charges of violation of the Federal anti-trust laws in "fixing" gasoline prices in Middle West¬ cities. ern . Mr. Hartman, who had lost his plea before a United States Commissioner in Pittsburgh, who had ordered his removal to maket in Madison, appealed to Federal Judge SchoonPittsburgh, on July 28, for a writ of habeas corpus the grounds on jurisdiction. Federal that the Wisconsin court had not shown The court took the plea under consideration. District Attorney Uhl held that a Federal court in Texas already had ruled that the Madison court had jurisdiction official in ordering under indictment the Temoval to the latter Gulf another of court for trial. follow: of Louisiana and Colonial-Beacon Oil posted an advance of cent H a gallon in tank car and tank wagon prices on all grades of gasoline except metropolitan New York, effective July 13. July 13—Shell Union Oil Corp.. the Texas Corp. and Gulf Oil met the a gallon advances of the Standard group. H cent July 13—Socony-Vacuum met the H cent increases of the Standard group, and also posted jumps of H to 1 cent a gallon in sub-normal markets around Boston and Providence. areas. THE JULY FINANCING OF THE UNITED STATES TREASURY For the Treasury proper July was noteworthy, so far financing was concerned, only because of the resump¬ tion on July 14 of the practice of issuing bills to mature as new tax period. ment July was capital markets. But for financial agencies of the a month of exceptional activity govern¬ in $2,400,000 at a net cost to the government of between $500,000 and $600,000. As compared with the 2*4% rate which the RFC pays to the Treasury for advances, it was able to borrow from the banks on a 1%% and 1%% basis. But the current the news The Federal Intermediate Credit hanks $30,000,000 of debentures and paid off $29,000,000 of debenture maturities; the Reconstruction Finance Corpo¬ ration exchanged $82,051,000 of its notes for maturing notes and sold $42,000,000 additional notes; the Federal Home Loan banks marketed a $28,000,000 issue of debentures; the Home Owners' Loan Corporation made known the fact that it would redeem $50,000,000 of notes in cash on Aug. 15, and the Commodity Credit Corporation offered for sale $60,000,000 of notes. The turning of the Home Loan Commodity Credit Corporation the capital market on their own and banks, the RFC directly to Secretary of the Treasury Henry Morgenthau Jr. an¬ July 8 that the Treasury was -beginning again to offer an additional $50,000,009 of discount bills each nounced on week. Over a period of seven week in April, May and June the Treasury sold a total of $350,000,000 of bills with maturities staggered over three days at the September tax period. The first of the new series of tax date bills matur¬ ing at mid-December was bid for on July 12 and dated July 14. Three $50,000,000 instalments of these extra bills were sold in July, and this total of $150,000,000 represented increase in the public debt outstanding in the month. The Treasury was able to get its bill money on a slightly cheaper basis in July than in June. The Issue in only 273-day bills sold on July 26 went at an average rate 0.485% as compared with 0.619% on the last sijnilar issue June. The tax period bill rate declined from 0.419% July 12 to 0.372% for that for Which received on July 26. for the issue sold bids I were on The $30,000,000 issue of Federal Intermediate Credit 1%% debentures was offered on July 6, and the books Were closed on the same day, following an oversubscrip¬ tion. The debentures were dated July 15 and were to mature in six and nine months. They were priced at a v//': Bank ■ premium over par value. The RFC announced the details of its note operation on July 23. The agency's $82,051,000 of 2% notes which ma¬ tured on July 1, 1937, were exchanged on that date at par for an equal amount of 1^% notes maturing Dec. 15, 1938. Subsequently, the corporation stated, it sold V ' .vr;... ■; . ; •v'",-;■■■' ■ 1.1.. - ■ V \ Treasury of raising 1,679,082 bales of cotton funds Aug. 2 and maturing May 2, by warehouse receipts against by a guarantee of the RFC and to pay principal and interest upon maturity. The Corpora¬ tion estimated that the market value of the cotton behind the notes was approximately $90,000,000 as of July 26, and holders of the notes have the right to declare them immedi¬ ately payable if the market value of the collateral behind them becomes less than 120% of the face amount of the notes outstanding. There also reached the market July 27 on an issue of $28,000,000 Federal Home Loan banks 1^4% consolidated debentures, dated July 1, 1937, and maturing July 1, 1938. They priced were at 100 3/16 to yield 1.04%. Preston said that the been oversubscribed times, though the books more than 10 issue had held open only one hour. were on July 27 that the $49,843,000 of 1%% notes maturing on Aug. 15 would he paid off in cash. As of July 17, it was set forth, the corporation had cash on hand of $87,666,535. Under the law money received by the HOLC as principal repayments on mortgages series D must be used to redeem bonds. Secretary of the Treasury Morgenthau made public on July 2 the final figures on the government's showing for the fiscal year given June 30 ' ended June 30. The net Federal deficit $2,707,000,000 and the gross public debt on $36,425,000,000. The debt showed an increase as was of $2,646,000,000 for the year. General receipts amounted to $5,294,000,000, or $1,178,000,000 more than in the previ¬ ous year, and general operating expenditures, excluding $104,000,000 for statutory debt retirement, totaled $8,001,000,000, or $475,000,000 more than in the preceding fiscal year. Secretary Morgenthau disclosed oh July 15 the fact that net market purchases of government securities for Treas¬ investment accounts aggregated $24,370,400 for June against $3,853,550 in May and the record high total of ury The details count basis of the sales pf are 111 -V:-- lit Bills BiOs Dated ' Offered June 29 1937 July July July July July July July July Treasury bills sold given in the following tables: 71937 71937 15 1937 15 1937 22 1937 22 1937 29 1937 29 1937 July • 71937 14 1937 14 1937 Apr. 6 1938 Dec. 16 1937 155 days Apr. 13 1938 273 days July 21 1937 Dec. July 21 1937 Apr. 20 1938 273 days July 28 1937 Dec. 17 1937 142 days July 28 1937 July July Aug. Aug. 4 1937 4 1937 16 1937 273 days 148 days Dec. 17 1937 273 days 135 days May 4 1938 273 days Apr. 27 1938 an additional on a dis¬ Amount of Subscrip¬ Offering I Mature tions $50,000,000 $133,100,000 50,000,000 120,248,000 50,000,000 141,935,000 50,000,000 144,990,000 :£ 50,000,000 156,436,000 50,000,000 137,791,000 50,000,000 151,608,000 50,000,000 165,122,000 50,000,000 133,795,000 behalf made it appear as though the Treasury was shifting to some of the independent lending organizations part of the onus of raising cash. of the collateral trust notes, dated 1938. The notes are backed sold of to cost through bill sales is less than % of 1%. Announcement was made by Commodity Credit Corpora¬ tion, July 27, that it was offering $60,000,000 of 1% series B $119,553,000 in March/ following agencies figured in the capital market during the month: the dated maturing on July 1 were two-year notes and those maturing on Dec. 15, 1988, three-year notes. As of July 23 the RFC had sold $295,051,000 of a total authorization of $300,000,000 of series K notes. A Washington dispatch to the "Wall Street Journal" on July 27 said that the RFC, by the borrowing, and refunding operation, had saved itself was July 28—Sooony Vacuum Oil lifted all grades of gasoline by all methods of delivery H cent a gallon In the Buffalo and Rochester areas, effective July 29. The advance was met by all companies operating in the affected The V/±% basis. The Corpo¬ in 1935, so that the on a were HOLC officials stated July 12—Standard of New Jersey, Standard of Pennsylvania, Standard a of the 1 %% notes ones Delano, Governor of the System, Representative price changes, showing the trend of re¬ fined product prices throughout the Nation during July, at $42,000,000 ration said that the notes .. disappearance of gasoline has been reflected decline in motor fuel inventories reported July, and generally Stocks last 7,600,000 against V':■>'/: To Redeem Bills Subscrip¬ Amount Average Offered tions Accepted Price June 29 1937 July July July July July July July July 71937 71937 151937 151937 22 1937 22 1937 291937 29 1937 $133,100,000 120,248,000 141,935,000 144,990,000 156,436,000 Yield $50,010,000 99.628 50,060,000 50,000,000 99.819 0.490% 0.419% \ 99.610 Maturing of— Issue 0.514%/ 99.837 137,791,000 151,608,000 50,136,000 50,015,000 50,012,000 60,032,000 99.632 165,122,000 133,795,000 50,000,000 50,047,000 99.646 0.397% 1 99.620 0.372 %\ 50,060,000 0.502%/ 99.853 $50,045,000 50,133,000 50,159,000 0.485% / 99.915 0.228 %\ 0.467%/ 50,113,000 NEW SECURITY ISSUES IN JULY Financing in the domestic market for July reflected a pronounced reduction in the total volume of new offerings as compared with that for June. The character of the month's emissions stresses the trend away from refunding issues and the growth of new capital securities on an in¬ creasing scale. The need for funds to provide for extensions and improvements to plant and equipment is becoming more marked each day, thus accounting for the expansion in this type of financing. The largest offering placed during the month was the $45,450,000 issue of the American Rolling Mill Co., followed by the $25,000,000 offering of the West¬ chester Lighting Co. Below we give the larger offerings fof July: RAILROAD FINANCING SI,200,000 Spokane Portland & Seattle RR.—Paine, Webber & Co. and Estabrook & Co. were successful bidders on July 20 for SI,200,000 2H% equipment trust certificates on their bid of 102.222. will be no The certificates are due in public re-offering. 1 to 10 years. There Other bidders were: J. & S. Seligman Co., 102.039; Halsey, Stuart & Co. and associates, 101.804; Evans, Stillman & Co., 101.155; Salomon Bros. & Hutzler, Dick & Merle-Smith and Stroud & Co., 101.789; F. S. Moseley & Co., 102.077; Brown Harriman & Co., 101.657. , EEYIEW MONTHLY 12 PUBLIC UTILITY MUNICIPAL FINANCING Westchester (N. Y.) Lighting Co.—Offering was made to the public July 22 of an issue or $25,000,000 general mortgage bonds, 3M% series, due 1967, by a banking group headed by Morgan Stanley & Co., Inc. The bonds, guaranteed as to principal and interest by the parent company, the Consolidated Edison Co. of New York, Inc., were priced at 102 K and accrued interest. Associated with Morgan Stanley & Co. in the offering were: Kuhn, Loeb & Co.; Blyth & Co., Inc.; Brown Harriman & Co., Inc.; Lazard Freres & Co., Inc.; The First >Boston Corp.; Edward B. Smith & Co.; Bonbright & Co., $25 ' 000.000 '"r"v.--•v,:" and Lehman Brothers. Underwriters—The names of the several principal under¬ several amounts underwritten by them respectively, are as follows: Morgan Stanley & Co., Inc., New York $8,000,000 Kuhn, Loeb & Co., New York 2,000,000 Blyth & Co., Inc., New York __ 2,500,000 Brown Harriman & Co., Inc., New York 1,750,000 Lazard Freres & Co., Inc., New York 1,250,000 The First Boston Corp., New York 1,250,000 Edward B. Smith & Co., New York ! 1,250,000 Bonbright & Co., Inc., New York 1,250,000 Lehman Brothers, New York — 1,000,000 Clark, Dodge & Co., New York 750,000 Kean, Taylor & Co., New York 500,000 Kidder, Peabody & Co., New York 500,000 Lee Higginson Corp., New York- £00,000 Mellon Securities Corp., Pittsburgh.. 750,000 Schoellkopf, Hutton & Pomeroy, Inc., Buffalo --750,000 Dillon, Read & Co., New York-. 1,000,000 $28 000,000 ; Inc., writers and the : ; ; d - .a 5 ;; ing to maturity. ' 1 ,, to B. J. r onii / 5,000 1,500,000 Richmond, Va., 3% public improvement bonds, due $75,000 ■■■.aft each year from 1938 to 1957, incl., were purchased by Blyth & Co., Inc., of New York and associates, at 107.41, a basis of about 2.20%. They were publicly offered to yield from 1.20% to 2.25%, according to maturity. 5,000 5,000 5,000 45,000 45,000 1,500,000 Syracuse, N. Y., 2.10% debt equalization bonds were pur¬ chased by the Bankers Trust Co. of New York and associates, at 100.45, a basis of about 2.05%. In re-offering the bonds, the bankers priced the $400,000, due Aug. 15, 1946, to yield 1.90%, and the $1,100,000, maturing Aug. 15. 1947, were offered to yield , 1,357,000 San and Mitchum, Underwrtiers—The names and addresses of and the number of shares of stock underwriters has agreed to the several which each purchase are as follows: • t Lee Higginson Corp., New York Hayden, Stone & Co., New York Brown Harriman & Co., Inc., New York Goldman, Sachs & Co., New York J. A. Sisto & Co.,New York-------.............. 3,500,000 ' - Shares 19,250 19,250 1,324,000 Orleans Levee District, La., 354% and 4% refunding bonds due serially from 1942 to 1973, incl., were sold to a syndicate headed by the Whitney National Bank of New Orleans, at a price of par, the net interest cost of the financing being about 3.97%. The bankers re-offered the bonds at various prices, ?,r, depending on coupon rate and maturity , 1,225,000 Minnesota (State of) certificates of indebtedness, bearing 2% interest and due July 30,1942, were taken by Brown Harri¬ man & Co. of Chicago and associates, at 100.17, a1 basis of about 1.97%. Re-offered to investors at a price of 100.75. 1,000,000 West Virginia (State of) 254% and 354% road bonds, maturing serially from 1938 to 1962, incl., were sold to an account headed by Halsey, Stuart & Co., Inc., New York, at a net interest cost to the State of about 2.32%. The bankers marketed the 254s «o yield from 2% to 2.35%. and the 3His to yield 0.80% to 2%, according to maturity. 4% convertible sinking fund debentures was made July 14 through underwriters headed by Munds, Winslow & Potter; Spencer Trask & Co., and Merrill, Lynch & Co., and in¬ cluding Glore, Forgan & Co.; Cassatt & Co., Inc.; E. H. Rollins & Sons, Inc.; Blair, Bonner & Co.; Far well, Chapman & Co., and Laurence M. Marks & Co. The debentures priced at 102H and accrued interest become due June 15, 1947. ^ Underwriting—The names of the proposed several under¬ writers and the principal amount of debentures that each agrees _ _ ' ' to purchase, are as follows: ( ? •'? ' ; ^i: ? •; s DIVIDEND CHANGES IN JULY Changes in dividend declarations in July are numerous and are for the most part of a favorable nature. The follow¬ ing list, divided into two sections, namely "Favorable Changes" and "Unfavorable Changes," gives the more im¬ portant of the changes; 14,000 14,000 3,500 Liquid Carbonic Corp.—Public offering of $3,500,000 10-year Munds, Winslow & Potter, New York $860,000 Spencer Trask & Co., New York 770,000 Merrill, Lynch & Co., New York.—520,000 Glore, Forgan & Co., New York 500,000 Cassatt & Co., Inc., New York-r 355,000 E. H. Rollins & Sons, Inc., New York-----.-— 206,600 Blair, Bonner & Co., Chicago ----- • 156,500 Farwell, Chapman & Co., Chicago •— 100,000 Laurence M. Marks & Co., New York 100,000 1,859,075 United States Plywood Corp.—Bond & Goodwin, Inc., and C. B. Ewart & Co., Inc., heading a nation-wide selling group, announced on July 27 the formal offering of 38,000 shares of $1.50 cumulative convertible preferred stock and 53,475 shares of common stock of the corporation. The preferred stock is priced at $25 and the common at $17 per share, -- County),CaIif.,4% wate£ 1937 to 1963» were taken by a group managed by the Harris Trust & Savings Bank, Chicago, at 11.17, a basis of about 2.82%. They were offered to the public to yield from 0.25% to 2.85%, according to maturity. p 3,500,000 Chicago 1 2-3 shares of common stock. ' (City and distribution and sewer bonds, due annually from Tully & Co. Pneumatic Tool Co.—Public offering of 70,000 shares of prior preferred stock (no par), at an aggregate offering price of $3,500,000, was made July 21 through an under¬ writing group comprising Lee Higginson Corp.; Hayden, Stone & Co.; Brown Harriman & Co., Inc.; Goldman, Sachs & Co., and J. A. Sisto & Co. The stock was priced at $50 per share. The stock is entitled to cumulative dividends at the rate of $2.50 per share annually and each share is convertible into 2%. Francisco incl. premium. 4,120,000 Food Machinery Corp.—The first step in the financial pro¬ gram of the corporation to provide such additional working capital as the company may require for both present and prospective increased business, authorized at a special stock holders' meeting held June 28, was taken July 22 with the public offering of 40,000 shares of 4^% cumulative convertible preferred stock at $103 per share by Kidder, Peabody & Co. he market at par and accrued interest. 1,500,000 Cincinnati, Ohio, 154% refunding water works notes were purchased by a syndicate managed by Edward B. Smith & Co. of New York, at par plus a premium of $160. Of the issue, $500,000 is due Aug. 1, 1938 and $1,000,000 on Aug. 1, 1939, with the latter maturity being callable on the earlier date at par. The banking group re-offered the 1938 notes to yield 0.65%, and the 1939 obligations were priced at 10054- 5,000 5,075,000 Monsanto Chemical Co.—Edward B. Smith & Co. offered on July 15 50,000 shares of cumulative preferred stock, series A (no par—$4.50 dividend) priced at $101.50 a share. Tenn., 4% Van 1,500,000 Charlotte, N. C., 3 % and 3 54 % water and street improvement funding bonds were awarded to an account managed by the Chase National Bank of New York, at 100.01, the cost of the financing to the city being about 3.06 %. Re-offering was made by the bankers at yields of from 1.50 % to 3 %, and prices from par to 97.50, according to interest rate and maturity. 15,000,000 Owens Illinois Glass Co.—To finance capital expenditures in part, and to provide money for other corporate purposes, arrangements are being made for the private placement at par of $15,000,000 15-year 3H% sinking fund debentures, dated Aug. 1, 1937, and maturing Aug. 1, 1952. The deben¬ tures will be bought to be held as an investment. They are required to be redeemed at par and accrued interest at the rate of $1,000,000 each year from 1939 to 1951, and are also redeemable at the company's option, in whole or in part at any interest-payment date, upon payment of varying rates of < , funding bonds were sold privately Ingen & Co., Inc., of New York and associates, They mature yearly from 1952 to 1962, incl., and were placed 1,652,000 Knoxville, 80,000 80,000 45,000 30,000 25.000 15,000 15,000 11,000 10,000 10,000 8,000 6,000 . 2,000,000 Philadelphia School District, Pa., 154% registered school bonds were absorbed by the Loan Tax Fund of the District at 100.005, a basis cost of about 1.49%. Due Aug. 1, 1967, redeemable at par at any interest period. 1 Shares ■ < basis. 3,000,000 Pittsburgh, Pa., public improvement promissory notes were sold to Halsey, Stuart & Co., Inc., New York, as 1.60s, at 100.087, a basis of about 1.57%. The notes, due July 1,1940* were re-offered to yield 1.45%. Corp.; New York. Edward B. Smith & Co., New York The First Boston Corp., New York— Brown Harriman & Co., Inc., New York Kidder, Peabody & Co., New York Glore, Forgan & Co., New York Lee Higginson Corp., New York Goldman, Sachs & Co., New York Blyth & Co., Inc., New York Bonbright & Co., Inc., New York Hay den. Stone & Co., New York, Baker, Weeks & Harden, New York Cassatt & Co., Inc., New York Hallgarten & Co., New YorkW. C. Langley & Co., New York Stone & Webster and Blodgett, Inc., New York White, Weld & Co., New York. Mellon Securities Corp., Pittsburgh Kuhn, Loeb & Co., New York.. < . the municipal sinking fund at a price of 100.25, a 3.24% Due July 1, 1987, callable after 20 years at par. 3,000,000 Missouri (State of) 3% building bonds were sold privately to an account headed by Halsey, Stuart & Co., Inc.. of New York. The bonds were re-offered for public subscription at prices to yield from 1.40% to 1.90%, according to maturity. They mature annually from 1940 to 1944, incl. The bankers originally bought a block of $1,500,000 and later exercised their option On the balance of the same amount. MISCELLANEOUS FINANCING W. E. Hutton & Co., x registered city bonds were sold to 5,000,000 Philadelphia, Pa., 354% Rolling Mill Co.—Public offering, by means of a prospectus, of 450,000 shares of 4H% cumulative convertible preferred stock ($100 par) was made July 15 by a group com¬ posed of W. E. Hutton & Co.; Edward B. Smith & Co.; The Brown Harriman & Co., Inc.; Kidder, Peabody & Co.; Glore, Forgan & Co., and Lee Higginson Corp. The shares were priced at $101 and accrued dividends. Underwriters—The names of the several principal under¬ writers and the several amounts underwritten by them, respectively, are as follows: ; to associates, at about 3.86 %. $45,450,000 American Boston (State of) 354% and 4% highway bonds were Halsey, Stuart & Co., Inc. of New York and 100.566, the net interest cost to the State being In marketing the bonds, which mature annually from 1941 to 1960, incl., the bankers priced the 3 54s, amounting to $2,420,000, at 101, while the 4s, in the principal amount of $2,580,000, were offered to yieldfrom 2.30% to 3.80%, accordawarded 1 First following their purchase from the Reconstruction Finance Corporation, were publicly distributed by a large banking group headed by Dillon, Read & Co. of New York City. The issue consisted of $18,500,000 sinking fund revenue bonds, due April 1, 1977, and $9,500,000 serial revenue obligations, maturing annually from 1942 to 1968, incl. The bonds are callable beginning April 1, 1942 at various prices depending on the date of redemption. The bankers reoffered the block of $18,500,000 at 164.50 and accrued interest and the $9,500,000 were marketed on a yield basis of from 2.40% to 3.73%, according to maturity. As a result of this offering, all or the bridge authority's authorized and out¬ standing bonds of $53,000,000 have now been placed in the hands of the public. In announcing the sale, the RFC stated that the banking group paid a premium of $840,000, which, when added to the premium of $525,000 derived from the sale of a block of $7,000,000 last April, increased to $1,365,000 the profit made by the Federal agency in selling to private investors the $35,000,000 bridge bonds which it had taken over from the Public Works Administration. 5,000,000 Louisiana -17900.000 Washington Gas Light Co.—An issue of 20,000 shares of $4.50 cumulative convertible pref stock (without par value) was offered June 23 by a group of investment banking houses headed by Y. E. Booker & Co., at $95 per share and accrued dividends. Associated with Y. E. Booker & Co. were: Auchincloss Parker & Redpath; Johnston, Lemon & Co.; Brown, Goodwyn & Olds; Folger, Nolan & Co., Inc., and William W. Mackall Jr., all of Washington, D. C. INDUSTRIAL AND FINANCING Triborougli Bridge Authority, N. Y., 4% bridge revenue bonds, FAVORABLE CHANGES Acme Wire Co.—Dividend on the $20 par common 50c. a share to $1 a share, payable Aug. 14. Shoe Agnew-Surpass Stores, Ltd.—Extra stock increased from dividend of 30c. a sharO a regular dividend of 30c. a share on the no par common stock, both payable Sept. 1. Previously regular semi-annual dividends of 20c. a and share : were distributed. 25c. a share to 50c. a share, a share to 75c. a share, increased from payable Aug. 1. American Arch Co.—Dividend on the no par capital stock 50c. ,,J.? .. (A. S.) Aloe Co.—Dividend on the $20 par common stock increased from payable Sept. 1. American Forging & Socket Co.—Dividend on the common creased from 25c. a share to 50c. a share, payable Aug. 24. stock in¬ Co.—Dividend of 25c. a share was paid on the no July 20. This compared with 1254c. paid on Dec. 21, American Lace Mfg. par common on ■' 1936. Co.—Extra dividend of 25c. a share and a regular quarterly of 50c. a share on the $25 par common stock, both payable Aug..2. :>;:r\-:y: ;v?:y-v;> ,v-■ American Paper Goods c Animal Trap Co. y stock, payable common stock of America—Dividend of 25c. a share on the common This will be the first payment made on the 1,1931, when 25c. a share was also distributed. Aug. 2. since April Appleton Co., Anderson, S. C.—Dividend of $14 a share on account of accumulation on the 7% cumulative preferred stock, $100 par, payable Aug. 2. This payment will clear up all accruals on the preferred stock. A special dividend of $1 a share and a quarterly of like amount was de¬ clared on the common stock, both payable Aug. 2. , v 1,035,000 American Fidelity & Casualty Co., Inc.—Public offering was made July 8 of 90,000 shares of common stock ($5 par) by Fuller, Rodney & Co., at $11.50 a share. Atlas Plywood Corp.—Dividend on the no par common stock 50c. a share, apyable Aug. 16. from 3754c. a share to increased Berkshire REVIEW MONTHLY Aug., 1937] Fine Spinning Inc.—Two Associates, of $1.75 dividends Oppenheim, Collins & Co., Inc.—Dividend of 50c. a share was paid July 26 on the capital stock and represented the first dividend to be paid since February, 1932, each on the 7% preferred stock, one payable July 23 and the other on Sept. 1. • Bethlehem Steel Corp.—Dividend on the no par common stock increased /- from $1 a share to $1.50, payable Sept. 15. . , Bloomingdale Bros., Inc.—Initial quarterly dividend of $1.25 a share J-':, on the 5% preferred stock, payable July 24. ] Broadway Department Store, Inc.—Initial dividend of $1.66 2-3 a share on the 5% cumulative preferred stock, par $100, payable Aug. 1. Burdine s, Inc.—Dividend of 50c. a share on the common stock, payable July 26. (F.) Burkhart Mfg. Co.—Special dividend of 50c. mon stock, par $1, payable Aug. 5. share, on the new com- a Uy 13 Otis Elevator Co.—Dividend the on no par stock common increased from 25c. a share to 40c. a share, payable Spet. 20. Outboard Marine & Mfg. Co.—Dividend on the common stock increased from 45c. a share to 75c. a share, payable Aug. 10. Overseas Securitie s Co.—Dividend on the no par common stock increased from 30c. a share to 40c. a share, payable Aug. 2. Owens-Illinois Glass Co.—Dividend on the new common stock increased from 75c. a share to $1 a share, payable Aug. 15. Fan American Airways Corp.—Initial dividend of 25c. a share on the $5 par capital stock, payable Aug. 2. , < Phoenix Securities Corp.—Dividend of 25c. in cash and l-70th of a share v or Certain-Teed Products Corp. 6% preferred stock on the common stock, payable Aug. 2. This is the first dividend to be declared on ■ ,, Burroughs Adding Machine Co.—Dividend ^increased from 20c. share to 25c. a share a on a the ' new a a regular Quar¬ stock, both payable share and a common Central Ohio Steel Products Co.—Dividend increased from 25c. no par ..l, . stock common share, payable Sept. 7. (A. M.) Castle & Co.—Extra dividend of 25c. terly dividend of 50c. Aug. 10. the on j the $r par common on share to 35c. a share, payable Aug. 1. Central Steel & Wire Co.—Initial dividend of 53 l-3c. on its preferred stock on July 1. < the common stock since 1930. Pittsburgh Plate from $1.50 Port Huron paid share was a Chrysler Corp.—Dividend on the $5 par common stock Increased from $2 a share to $3.50 a share, payable Sept. 10. Deere & Co.—Dividend of $1 a share on account of accumulations and the regular quarterly of 35c. a share ordinarily due at this time on the 7 % creased from 50c. increased from 25c. This will be the first dividend paid since April 15, 1932, at which time 75c. a share was from 30c. 25c. share to a 50c. on share, a dividend of $1 a share and a regular dend of 25c. and regular of 50c. a share a on the stock, payable Sept. common 1, par value increased from 80c. a share to Greene Cananea Copper $1 Co.—Special dividend of $1.25 share and a the on no 37Hp* a. share to 50c. on the $1 a , Severs Corp.—Special dividend of 40c. the on of 10c. a no par common This will be the share the on stock, payable Aug. 30. This will be the first dividend paid Aug. 25, 1936 when 5c. a share was distributed. Liquid Carbonic Corp.—Stock dividend of 10% payable stock on Loew's or common this issue on since the capital on before July 26. Boston Theatres Co.—Extra dividend of $1.25 a share and a regular quarterly of 15c. a share on the $25 par, common stock, both payable Aug. 2. ' • Lynch Corp.—Dividend a share to $1 a on a regular quarterly divi¬ Chemical Co.—Dividend of $1 a share on the no stock, payable Aug. 2. Previously dividends of 12 He. a distributed each three months. 25c. share to 40c. a a a a share to $1 a on the company's common stock share, payable Aug. 20. on the no par common stock, increased from share payable Aug. 14. Superheater Co.—Dividend the common stock increased from 37 He. share, payable Oct. 15. - * on quarterly dividend of 25c. a share on the payable Sept. 1. This compares with 20c. a share and a par common stock, both share paid on June 1, last. no a Transamerica Corp.—Semi-annual dividend on the capital stock in¬ creased from 20c. a share to 25c. a share, payable July 31. United States Steel Corp.—-Dividend of $1.25 a share on account of accumulations and the regular quarterly of $1.75 a share due at this time on the 7% cumulative preferred stock, par $100, both payable Aug. 30. This payment will clear up all back dividends on the preferred stock. v a .ty.'.;.v.• '}.•.^"*** ; '.(•*. share was paid July 30 on the common stock in¬ the $5 par common stock. Co.—Dividend share to 75c. a paid on July 23. a share, payable July 27. CHANGES . . J a share on the no par common stock This compares with 75c. a share paid on April 16, Yj'Y / Federal Knitting share and a regular quarterly $5, both payable Sept. 1. by the declaration of $1 a share payable Aug. 20. first paid on this issue since Feb. 17, 1931. share and a ;> YY'Y ■. on the no par common creased from 50c. a share to 25c. a share, payable Sept. 1. . stock of 60c. Chicago Yellow Cab Co.—Dividend a Lindsay Light & Chemical Co.—Dividend were Aug. 2 on , the ' stock de¬ Mills Co.—Payment of the dividend ordinarily due stock deferred. A regular quarterly divi¬ no par common dend of 62a share was paid on May 1, last. > • ■, • no action on the payment of a oridnarily due July 1. Dividends of 10c. a share were distributed on April 1, last. ' Industrial Securities Corp.—Directors took no action at this time on the company's common stock. On April 1, last, a regular quarterly dividend Federal Motor Truck Co.—Directors took dividend on the no par common stock, of 20c. Works, Inc.—Dividend resumed share, payable Aug. 14. a increased from lc. to lHc. (A.) Stein & Co.—Dividend was par capital stock increased from of like amount on the common stock, par Lima Locomotive stock increased common the $1 par common stock, both payable Sept. 1. last. Libbey-Owens-Ford Glass Co.*—Dividend on the no par common stock increased from 75c. a share to $1.50 a share, payable Sept. 15. Lif« par Carpel Corp.—Dividend of 25c. share, payable Sept. 1. a no the $10 par common stock increased UNFAVORABLE share paid each three ,■ on the on on Canadian Converters Co., Ltd.—Directors deferred action on the com¬ mon dividend due at this time. A quarterly dividend of 50c. a share was paid on this issue on May 15, last. • International Radio Corp.—Dividend on the common stock increased from 25c. a share to 60c. a share, payable July 19. (Byron) Jackson Co.—Dividend of 50c. a share on the no par common w*) Jarv*8 Co.—Dividend share creased from 62c. from 40c. a share to 60c. a share, payable Sept. 15. Illinois Zinc Co.—Interim dividend on the capital stock increased from 25c. a share to 50c. a share, payable Aug. 31. a regular a Sovereign Investors, Inc.—Dividend par common stock increased stock, payable Aug. 14 and compares with 25c. months previously. ■', a Weymouth Light & Power regular^quarterly of 75c. a share on the common stock, both payable Hamilton Watch Co.-—Dividend stock common Smith Agricultural on share, payable Aug. 14. a par share and a share, payable Aug. 30. AUg 2 .,' '• .v v- • Waukesha Motor Co.—Extra dividend of 25c. Globe & Republic Insurance Co. of America—Extra dividend of 5c. a share and a regular quarterly dividend of 20c. a share on the common stock, both were payable on July 30. n Goodall Worsted Co.—Dividend on the common stock increased from $2 a share to $4 a share, payable July 29. , Great Western Electro-Chemical Co.—Dividend on the common stock no of 25c. Utilities Stock & Bond Corp.—Extra dividend of 10c. a share and a regu¬ lar semi-annual dividend of 40c. a share on the common stock, both pay- respectively. Globe Hoist Co.—Initial quarterly dividend of 25c. a share on the common stock, payable July 20. of dividend Silex Co.—Initial dividend of 25c. a share on the 215,000 shares of new no par value common stock outstanding, payable Aug. 10. 1. General Box Corp.—Dividend on the new capital stock of $1 par, increased from lHc. a share to 2c. a share, payable Oct. 1, next. General Tire & Rubber Co.—Dividend of $7.50 a share on account of I accumulations on the 6% cumulative preferred stock, payable July 31. This payment will clear up all accruals on the preferred stock. Gibraltar Fire & Marine Insurance Co.—Extra dividend of 20c. a share and Oct. 1, the $1 on Tide Water Associated Oil Co.—Extra dividend of 10c. the $10 par common stock increased payable Sept. share to 40c. a Servel, Inc.—Extra dividend share Food Machinery Corp.—Special dividend of $1.50 a share on the $10 par common stock, payable Aug. 25.. ' v ,/Y 400 Madison Ave. Corp.—Initial dividend of $1 a share on the preferred stock was announced July 26, payable to holders of record July 1. from stiare to 50c. a a par common juarterly of like amount on the $20 par, capital stock, both payable Freeport Sulphur Co.—Dividend Co.—Extra Scotten Dillon Co.—Dividend distributed. Fidelity & Deposit Co. of Md.—Extra dividend share to 35c. a share, payable Oct. 1. a quarterly dividend of like amount on the common stock, both payable from 25c. Eaton Mfg. Co.—Dividend on the no par common stock increased from \-X 50c. a share to 75c. a share, payable Aug. 16. Eddy Paper Corp.—Dividend on the no par common stock increased from 60c. a share to 75c. a share, payable Aug. 30. English Electric Co. of Canada, Ltd.—Dividend of 62 He. a share on the $3 non-cumulative class A stock, payable Sept. 15. on the $25 par common stock in¬ share to $1 a share, payable July 15. a Savage Arms Corp.—Dvidiend year-end dividend of 50c. a a on July 1 paid a dividend 4% non-cumulative preferred stock, par $100, a divi¬ paid on April 1, last. was Remington-Rand, Inc.—Interim Rochester Button stock, par common payable Aug. 16. This compares with share paid on May 28, last. Sulphite & Paper Co.—Company (G. E«) Prentice Mfg. Co.—Dividend cumulative preferred stock, both payable Sept. 1. This payment will clear up all back dividends on the preferred stock. Dividend on common resumed by declaration of $1 a snare payable Sept. Dow Chemical Co.—Dividend of 75c. a share on the no Glass Co.—Dividend on the common stock increased share to $2 a share, payable Aug. 20. a of $2 a share on its dend of $1 a share ; - , , stock a share was paid. ' : r ; ■ , , Lucky-Tiger-Combination Gold Mining Co.—Directors took no action on the payment of a dividend for July covering the quarter ended June 30, 1937. An extra of 2c. and a regular quarterly of 3c- was paid on April 20* last. y;/.;' .-"0 ' 'Y? rur McWilliarns Dredging Co.—Dividend on the no par common stock re¬ duced from 50c. a share to 25c. a share, payable Sept. 1.' Mohawk Liquor Corp.—Quarterly dividend of 5c. a share on the common stock, payable July 15. This compares with 7He. paid on April 15, last. (John) Morrell & Co.—Directors took no action on the payment of a divi¬ dend on the no-par capital stock at this time. Pioneer Mill Co., Ltd.—Dividend on the common stock reduced from ^ 15c. a share to 10c. a share, payable Aug. 2. Six-Twenty Jones Corp.—Dividend of 50c. a share on the no par common stock, payable July 7. This compares with $1.25 a share paid on April 5, mm mm , Wailuku Sugar able Aug. 20. distributed. the $5 par common stock increased from 50c. share, payable Aug. 16. Co.—Dividend of 10c. a share on the capital stock, pay¬ Previously regular monthly dividends of 20c. a share were prnmpm Meier & Frank Co., Inc.—Initial dividend of 15c. share a the on :;te COURSE OF THE STOCK MARKET DURING JULY, 1937 common yy.Y stock, payable Aug. 16. Michigan Bakeries Co.—Dividend of 40c. share the common stock This compares with an initial dividend of 10c. a share a on payable July 15. paid on Jan. 15, last. Midwest Piping & Supply Co., Inc.—Initial dividend of 15c. paid July 15 on the common stock. Minneapolis-Honeywell Regulator Co.—Dividend stock increased from 50c. Modine share to 75c. Manufacturing Co.—Dividend creased from 50c. Moody a s Investors a share to 75c. a a share a Mid-West Rubber Reclaiming Co.—Initial dividend of $1 the $5 par common stock was paid on July 10. a was share on 1 the no par common share, payable Aug. 20. ] the on on no par common stock in¬ share, payable Aug. 2. Service—Dividend $1.25 a share on account of accruals and the regular quarterly dividend of 75c. a share ordinarily due a* this time on the $3 cumulative participating preferred stock both payable Aug. 16. This payment will clear up all accruals on the issue * Nehi Corp.—Dividend of $1 stock and a share the first distribution was was on a share on the paid July 31 no par common on the common this issue since 1931. New York Merchandise Co.—Extra dividend of 10c. a regular a quarterly of 20c. a share on the $10 par common stock, both Shoe Co.—Initial July 31 on the 5% Old Joe dividend of 98.611c. share a payable auar- was naid preferred stock. yy'v'y; Distilling Co.—Extra dividend of 20c. dividend of 40c. Ontario Steel a share Products on the common Co., Ltd.—Dividend of $17.75 a Aug. 14. This payment will clear ■ y • • up all back dividends share on on the ac¬ nrf£ ^ •y- Y-< „ . '!», 'A ....... T with sentiment. New York the extent of the market's betterment. This representative group of stocks advanced 9.21 points after having fallen 5.62 points in June, The average It 50 stocks by the compiled shows graphically-and quickly the was of first in the decline in the break market since January, and the swift rally carried the index to the high¬ since the end of March. Through June, the stock recorded a loss of 13.16 points; the July rally re¬ duced this net loss for the year to 3.95 points. est point Transactions on the New York Stock more than 25% .. . in July of shares dealt in shares a share and a regular stock, both payable July 26. count of accumulations and the regular quarterly of $1.75 a share ordi¬ narily due at this time on the 7 % cumulative preferred stock, both pavable ferred stock. simultaneously average share and Nicholson File Co.—Special dividend of 20c. a share and a regular terly of 30c. a share were paid July 1 on the common stock. Nunn-Bush declined for five consecutive months, having "Times" of Motor Finance Corp.—Extra dividend of $1 stock, payable July 31. the stock market reversed its course abruptly and emphatically, in July. With the market suddenly released from several of the cares and anxieties which had been weighing it down, prices enjoyed their most decisive upturn for well over a year. Market activity, not surprisingly, improved After in June, month since the July was which over Exchange increased' the June total. The number 20,722,285 compared with 16,449,193 was March, 1935. the smallest turnover for trading showed up favorably in point of activity when compared with the totals for the two months immediately preceding. For it compared with 34,793,159 shares turned over in July, 1936, and with 58,671,416 shares only 'A. .. ( any It should be said, however, that __ mimm ],iYYYYYy.y,:YYYYYSYY-':YY''%.Y;-YYY;: ;YYY Y/YY\. "p.'; '".tf 14 MONTHLY EEYIEW last January, July 2 to best that 40% July 7, with the close July 31 at 36%. Union Pacific the busiest month of the year to date. The advance could be said to demonstrate that the supply of stock coming on the market dried was the July considerably, as evidenced by the steepness of the rise up prices. Confidence that the market had got over February to June ailments was not yet widespread. in firmer The The was most noticeable in the industrial shares. for the briskness of the rise in some reason trial of prices extended throughout the tendency entire list but issues not was its far The seek. to steel of the indus¬ shares over¬ topped all others in strength, and their rally might justly and obviously be laid to the breaking of the back of the prolonged strike engineered by the Committee for Indus¬ trial Organization union against four of the largest inde¬ pendent producers of steel and to the consequent stepping The copper stocks were again in the fore¬ the motors, manufacturing issues shares were well taken. Rail shares were lag¬ of output. up front of the advance, and and store throughout the month. Resumption of a more normal rate of production by the four independent steel companies was of the most tangible importance to the stock market. Here was encouragement Bond prices were quite firm gards. of The extensive steel demonstrable sort. the most strike under way as May closed, caused weekly steel output, as estimated by the American Iron and •Steel Institute, to recede from 77.4% for the first week of June from 91.0% for the last week of May. After holding at around 75% of capacity in June and falling to 67.3% in the holiday week, steel production jumped to 82.7% in the week beginning July 12 and to 84.3% for the last week which movement, got of July. With the stockholders their to in the last week of the month. Re¬ public's net income dropped to $487,251 in the second quar¬ ter Chesapeake & Ohio fell from 57% July 8 to 51 with the close on the latter day at 51%. Southern Railway was at its lowest July 2 at 28% and at its highest July 21 at 35%, with the close July 31 at 32%. A higher trend was noted in bond prices as a whole for July. Better grade bonds extended their gains from the low points reached in April and medium grade securities managed to recover some of the ground lost in June. The advance in higher grade securities was consistent and was; carried through the close of the month. Medium grade bondsv however, were less fortunate and were subject to 28%. July 31, some ment irregularity late in the month. Despite this develop¬ the net advance for the period was little affected thereby. following table we show, as usual, the fluctuations different issues of United Statds Gov¬ ernment obligations, and a considerable number, likewise, of domestic corporate and foreign government bond prices: In the for the month in the First Treasury 3 1947-1952 .1943-1945 Ms, 1944-1954 1946-1956 1943-1947 1951-1955 ..1946-1948 1940-1943 1941-1945 1946-1949 1949-1952 1941 1944-1946 1955-1960 1945-1947 -—1948-1951 1951-1954 1956-1959 1949-1953 Treasury 4s Treasury 3 Ms from $5,567,063 in the first quarter and Youngstown Sheet & Tube's net income fell to $2,022,112 in the second quarter from $4,886,019 in the first quarter. The earnings statement of United States Steel, made public on July 27, afforded an example of what the struck companies might have done with peaceful labor conditions prevailing.* This largest of steel companies reported net income in the second quarter of $36,173,682 compared with $12,862,423 a year ago, and net for the first half-year of $64,735,215 compared with $16,238,727 in the first six months of 1936. Important as was the setback administered the John L. Lewis forces in the steel industry, however, it was to be Treasury 3s Treasury 3s Treasury 3Ms Treasury 3 Ms Treasury 3 Ms Treasury 3 Ms Treasury 3Ms Treasury 3 Ms Treasury 2 Ms Treasury 2Ms. Treasury 2 Ms Treasury 2 Ms Treasury 2 Ms Treasury 2 Ms. July, Last 1937 Sale Lowest July 1 Treasury 4Ms During Range Sale Government Bonds Treasury 3 Ms rate of steel production snapping back so smartly, the market was able to regard as water over the dam the unfavorable second quarter earnings reports which Youngstown Sheet & Tube and Republic Steel—the com¬ panies hardest hit in the long-drawn-out strike—rendered . moved up from 122 July 1 to 133 July 20, with the close July 31 at 126. Southern Pacific was at its low¬ est July 2 at 42% and at its highest July 23 at 51, with the close July 31 at 48%. Baltimore & Ohio moved up from 25% July 2 to 30 July 7, with the close July 31 at1 July 31 Highest 115.16 115.16 July 117 .2 July 31 117.2 106.9 106.6 July 107 .2 July 19 106.30 111.10 111.9 July 112 .13 July 30 109.20 109.18 July 110 .29 July 30 106.17 106.17 July 107 .15 July 20 102.18 102.18 July 103 .20 July 31 103.20 103.31 103.29 July 105 .2 July 29 104.30 105.12 105.12 July 106 July 30 106.7 106 .22 July 105 .22 July 31 106.18 30 105.21 104" 16 July 104.15 July 106~4 " 106.1 July 105 .20 July 106 .19 July 106.3 106.3 July 107 100.13 100.13 July 102.19 100.15 104.22 July 105.30 30 31 106*19 July 29 106.29 29 101.16 102.12 July 101 .16 July 103 .12 July 30 103.11 100.15 July 101 ,19 July 28 101.18 99.23 July 100 .20 July 100 .16 July 29 100.18 30 100.14 99.2 99*17 99.15 July 97.23 July 99 .2 July 29 103 102.31 July 12 104.2 July 24 102.9 102.9 July 103 97.26 Federal Farm Mortgage— ..1944-1964 3Ms 3s _ 3s 1944-1949 *.....1942-1947 ...1942-1947 1 103.12 July 30 July 2 104.8 July 31 101.12 July 2 102.8 July 30 102 102 July 100.11 100.9 July 1 103.4 July 2 101.10 July 2 101.2 July 2 Ms Home Owners'Loan— 1952 3s series A ..1939-1949 1941-1944 2 Ms series B 2M8 series G 99.31 99.30 July 104.8 30 29 101.10 30 . doubted that it overshadowed, as an augury of better times for the recovery movement, the defeat which the Roosevelt Administration suffered on its court-packing scheme. Open debate began in the Senate on the judiciary reorganization bill on July 6 and thereafter events moved swiftly to a climax. Senator Joseph T. Robinson, majority leader, who had been President Roosevelt's main reliance in jamming the bill through Congress, died on July 14, and with his passing whatever breath of life the court bill had passed The Senate too. voted on July 22, 70 to 20, to recommit the measure to the Judiciary Committee, which was directed to report within 10 days a substitute measure omitting all provisions for changing the Supreme Court. The im¬ provement in sentiment which the defeat of the court bill it boded well for the future. The down Administration on Administration to modify its attitude toward the behavior of labor forces. Secretary of Labor Frances Perkins de¬ clared on official July 3 that "it is not and position Secretary that able never appropriate." This attitude contrasted with that Secretary displayed during the General Motors strike when she maintained that the legality of the sitseveral never been tested in the courts. grounds July brought Thus on encouragement to the stock market. As to the fluctuations in individual stocks, United States Steel was at its lowest July 2 at 99 and at its highest July 20 at 119%, with the close July 31 at 118%. Steel preferred was at its lowest July 8 at 130 and at its highest July 28 at 137, with the close July 31 at 135. American & Tel. moved up from 165 July 1 to 172% July 30, with the close July 31 at 172. American Can rose from 95% July 1 to 110 July 31, with the close on the latter date the same. General Electric was at its lowest July 2 110 109M July 105 M 69 M 104 M July 52% and at its highest July 24 at 59, with the Close July 31 at 58%. Allied Chemical & Dye moved up from 218 July 2 to 239% July 28, with the close July 31 at 237 bid. Westinghouse Elec. & Mfg. rose from 140 July 2 to 156% July 26* with the close July 31 at 153%, Consolidated Edison Co. of N. Y. was at its lowest July 1 at 33% and at its highest July 24 at 41, with the close July 31 at 38%. In the railroad list, New York Central was at its lowest July 2~at 35% and at its highest July 21 at 42%, with the close July 31 at 40. Delaware & Hudson rose from 35% 96 79 77 M July 5s—-.1950 1992 99 M 98 119M A.. 1975 22 M 1949 C C C & St L4Ms series E—1977 Erie ref & impt 5s of 1927 1967 Great Northern gen 4 Ms 1977 13M 80 M 111 105M July 4s.->-.1995 Convertible 4Ms Bost & Maine 1st 5s ser Brooklyn Union Elev Ches & Ohio gen 4 Ms Chic Milw St P & Pac 5s Chic & N W 4 Ms series A 91M 72 July 73 66 M July 104 M 67 July 81M July 102 M 103 M July July 119M July 22 M July 13 M July 91M July 70 M July 122 July 26 26 M July 20 7 24 M 6 92 M 9 71 16M July 94 M July 75 M July 14 M 104 M 22 76 102 M July 70. July 105M July 1963 80 M July 7 70 M 5s ser A & B .1947 Kan City Sou ref & Impt 5s__1950 Lehigh Valley (Pa) cons 5s..2003 100 100 July 102 100M 80 80 July 26 89 M July 20 111 Cent St L & N O 5s Internat Paper 103 M . 63 July 129 M July 131 63 M July 69 63 M 1967 1946 102 C 1978 N YNH&H 1st ref 4Ms—1967 38 102 63M 67M July 62 M July 1944 Liggett & Myers Tob 7s Mo Kan Tex cum adj 5s New York Central 3 Ms 130K July • ' July 104M July July 82 M July 87 July 38 July 42 July 84 M 39 M 20M 20 July 22 July 20 __1997 104 M 103 Pennsylvania RR deb 4Ms..1970 100 M N Y C & St L 4 Ms ser Conv deb 3 Ms A 1970 aryland 1st 4s. 93 1939 Warner Bros Pictures 6s Western M 105M 117 1952 Pitts CC&St L 5s ser _ _ 102 M .1952 H July 100M July 105 M July 21 July 16 26 118 July 21 95 H July 23 103 M July 12 105 M July 101M July Argentine extl 4Ms 100M 106M 1971 Australia 5s of 1925 1955 1957 (Govt) 7s__. VOLUME OF Month of July Stock sales—No. of shares Bond sales (par value)— Railroad & miscell State, munlc. & foreign United States Govt T' Total bond sales-... Jan. 1 to July 31— Stock sales—No. of shares Bond sales (par value)— Railroad & miscell..... State, munlc. & foreign United States Govt.... 117M 95 101M Closing July 31 Price Lowest 101M July 100M July 105 M July 107 July July 104 July 12 27 21 101H 7 109 M 102 M 109M July 1949 Brisbane (City) 5s 1957 Canada (Dominion) 5s 1952 French Republic 7Ms stpd__19il External 7s stamped 1949 German (Rep) 7s stamped1949 German (Govt) Internat 5 Ms stamped... .............1966 New South Wales (State) 5s_1957 Norway 4s .i.. 1963 Queensland (State) ext 7s 1941 Rome (City) extl 6Ms.—---1952 106 1937 July, 103 Belgium (Kingdom) 6 Ms 105M 102 M Highest Range for Price July 1 Austrian 107M July July 93 103 July 116 Opening Foreign Bonds Tel. at July 4s. 1948 ...I960 A-C.1967 Atch Top & S Fe gen Baltimore & Ohio 1st gold has been an the down strike had 77 M 98 H July 80M July 95 M July 78 M 112 of the Department of Labor or of the 'sit-down' strikes are either lawful, desir¬ or which 95 M Allegheny Corp coll trust 5s. 1944 Amer & Foreign Power 5s—2030 July 31 Highest Lowest July 1 Northern Pacific 4s forced by the Senate to back the court reform bill. Public opinion forced the was Price Price Bonds Industrial N Y Ont & Western ref 4s.__ 1992 engendered would be difficult to overstate. It was the most serious defeat which the New Deal forces had encountered and and Closing Range for July, 1937 Opening Railroad 110M July. 101M July 102 M July 26 15 106M 30 101M 112 112 July 113 M July 109 M 105 July 109 M July 105M July 33 H July 106 M July 19 July 21 30 July 2 103 M July 99 M July 2 13 110M July 7 12 17 8 July 21 34*" 28 M 28 M July 103 July 98 July 109 98 M July 72 M July 36 2 2 BUSINESS ON THE STOCK 1937 20,722,285 $ 1936 34,793,159 $ 75 103 M 99 M EXCHANGE 1935 29,427,720 $ 1934 21,113,076 $ 220,710,000 23,338,000 38,523,000 178,323,000 33,881,000 23,471,000 159,245,000 24,844,000 11,632,000 160,504,000 282,571,000 235,675,000 263,752.000 124,028,000 35,223,000 69,284,000 234,390,398 154,276,102 295,547,699 249,593,212 $ v;.r v $ ',!<*:%■/ 1,369,445,000 1,689,201,000 1,238,224,000 1,528,217,000 216,671,000 278,741,000 197,222,000 184,515,000 228,268,000 396,994,000 444,135,000 397,702,700 Total bond sales.... 1.864,857,000 2,070,938,000 1,910,627,000 2,322.913.700 MONTHLY REVIEW VOLUME OF BUSINESS Olf THE CURB EXCHANGE transactions again referred to the renewal of older DAILY RECORD Stock Bales—No. of shares.. Bond sales (par value)— 4,960,878 $99,584,000 950,000 1,206,000 $70,184,000 2,232,000 1,478,000 8,511,143 ' $28,971,000 906,000 508,000 Total bond sales.. $30,385,000 1.084,000 $73,894,000 $61,561,000 $101,874,000 Rates 70,964,277 83,411,412 $273,969,000 $521,940,000 $707,169,000 $640,340,000 8,309,000 11,524,000 9,926,000 23,496,000 6,837,000 7,966,000 7,416,000 18,652,000 Total bond sales $289,115,000 $541,430,000 $724,511,000 $682,488,000 THE MONEY MARKET DURING Foreshadowing ments of 42,503,381 29,935,783 Bond sales (par value)— Foreign government Foreign corporate 298 $ \ JULY, 1937 of gold, the virtual cessation of further engage¬ the metal in London the and the first, market 1M IX n....... day -y/'-y/ Sun day ; ;• J— 1 I ,2 iu the Treasury, month. silver the were of the outstanding features While special causes, such as the conclusion of a exchange agreement with the Chinese and the transfer of London, flow return factors in were of of operation. gold, The it seemed for to fundamental growingly the adverse served to incipient mild observers many nature that coming into were balance resulting from foreign trade developments the exchange of Government Japanese balances from New York to part responsible more a past of payments well as from as services, expenditures of tourists, &c., has weaken the position of the dollar. with increasing fears among foreign investors Moreover, regarding the possibility of dehoarded gold in the London market and the beginnings of special levies, the diminishing of pressure moderate movement of repatriating French funds due a to measures of the new regime, a distinct lessening of the forces directing the flow of gold to this country has taken place. While for movement of funds present indi¬ cations point to a continuation of the current trend and further moderate Following trend reduction in short interruption a of commercial the in country's gold the protracted a stock. upward borrowing during the latter part of June, these loans again expanded materially, high since the depression. new Excess bank reaching reserves de¬ $60,000,000 during the month to $810,000,000. Gold imports during the month totaled $116,200,000, of which sum $49,400,000 arrived from England, $44,600,000 from $6,700,000 $3,200,000 from from of Canada, Australia, Including gold from other stock IX IX ' . ',y IX IX IX IX IX IX XX IX IX IX IX ——- IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX ------ ' 'y/y: IX \x \x IX - IX IX IX IX IX IX IX IX IX ix IX ....... Saturday ....... Sus day 20-.—. }X IX IX ?} ix IX XX ix ix IX IX lji ltf XX XX XX IX XX XX XX XX IX IX Saturday Sunday IX IX XX XX XX. Satur day ix 22 23..™. 24....... IX IX 25....... 26....... 27...... 30....... yyyy ;; •Commercial paper but bank was in investors readily IX IX i *ix IX IX IX ix IX IX IX IX XX XX XX XX XX :vV'-K;' IX XX XX XX XX v XX XX XX XX somewhat chiefly in connection with the start increased of the absorbed supply, crop movement, dealer offerings, all and rates for average grade prime four- to six-month paper remained at the previous rate of 1%. Under date of July 19, the Federal Reserve Bank returns received total of $284,600,000 of from of New York commercial paper announced that dealers showed a market commercial paper out¬ standing on June 30 compared with $286,900,000 at the end of May, 1937, and with but $168,700,000 at the end of June, 1936. v open RATES FOR MONEY AT NEW YORK Week Ended- and $5,500,000 $3,100,000 sources the from from Call loans on Stock Exchange:: : ^ C Range for week (mixed & ind. collat.) Week's aver, (mixed & ind. collat.)._ Time loans (mixed & Indus; collateral): India, Holland. total monetary gold the 1@1 ....... months......—i......—...;— Six months....................... Commercial paper: Good 4 to 6 months.. 1 XX XX XX XX XX XX IX XX XX Double and single names: Prime 4 to 6 months..—.......;. XX XX XX XX 1 1 11 ':y/Y-:- ........ 1@1 1 IX XX IX XX months 1@1 XX XX XX XX XX Sixty days ... Ninety days................... Four 1@1 II 1 Thirty days...................... Five a clined Japan, ; i: . Satur day Sun day - 18 - 6 Months foreign parts may again furnish the impetus renewed westward a IX IX IX IX further intensification of the political situa¬ a tion in various IX IX IX IX . , /XX lX'P', -Holiday-'' \X \x IX ix ....... J® IX,:: IX Satur 90 although temporary, reduction in the inactive gold fund of IX/ ' ; 5 Months 4 Months 1X 4r. IX • ,o....... \\ }f }| possible reversal in the long westward a RATES Mixed Collateral on 90 Days 4 ....... Domestic LOAN ' . . 0 Jan. 1 to July 31— ' Stock sales—No. of shares.. OF TIME 4,145.740 $59,373,000 1,238,000 4,952,945 Domestic Foreign government Foreign corporate movement accom¬ modations. Month of July , XX XX t ''/C i:;w'r:-y Trading in bankers* acceptances turned very quiet, although the continued active demand again easily absorbed the limited offerings. Total outstanding acceptances, according to the monthly survey of the Acceptance Anal¬ ysis Unit Of the Federal Reserve Bank of New York, pub¬ country rose by approximately $140,060,000. The inactive gold fund, after experiencing its first decline during the week of July 21, from a high of $1,213,000,000 lished July 13, amounted to $364,203,843 June 30 as against $385,795,967 May 29 and $316,431,732 June 30, 1936. With the execption of a slight increase in dollar exchange bills, to all 000,000. from maturities, from $1,171,000,000, subsequently recovered to above $1,200,Treasury financing operations were confined to the usual weekly $50,000,000 bill issues to replace similar in addition to the sale of three weekly issues of $50,000,000 each, to mature in the next tax period. Dis¬ count holdings of the 12 Reserve banks increased from other the classes of acceptances showed seasonal declines previous month, with import bills receding from $167,505,817 May 29 to $157,034,526 June 30; export bills $80,781,962 to $76,988,528; domestic warehouse credits from $48,493,197 to $42,035,052, and bills based on goods stored in or shipped between foreign countries from $74,- $9,929,000 June 30 to $15,217,000 July 28, while bills bought 589,551 to $74,022,521. in mained unchanged at the open market declined from $3,801,000 June 30 to $3,201,000 July 28, and total member bank reserves from $6,900,288,000 June 30 to $6,775,505,000 July 28. Average discount rates for 273-day Treasury bills declined further to a range between 0.485% and 0.514%, as compared with from 0.545% to 0.619% during the preceding month, average yields on one- to five-year Treasury notes Rates for bankers' while of over Stock 1.31% to 1.14%, and those on Treasury bonds five-year maturity from 2.54% to 2.41%. Exchange, the official call loan rate at 1%. was PRIME BANKERS'ACCEPTANCES Call Loans Secured by Accept 'ces On the unchanged - Saturday Sunday Holiday CALL LOAN RATES ON THE NEW YORK STOCK EXCHANGE Renewal X 7i« X 716 X 7,6 Renewal Saturday Sunday Saturday Sunday X 7i« Saturday Sunday Holiday Saturday Sunday Saturday Sunday X V X 7,« X 716 X 716 Saturday Sunday X 716 k , Saturday Time rates at 1^4% for on one security collateral loans were again quoted to.three months, and 1%% for longer-term accommodations. Notwithstanding the slight expansion in security trading, few new loans were negotiated, as most re¬ day bills, and %% bid and 9/16% asked for bills running 150 and 180 days. The New York Federal Reserve Bank, a range receded from acceptances %% bid and 7/16% asked for 30-day, 00-day and 90-day bills, 9/16% bid and V2% asked for 120- Khs v 7i« X 7,s X 716 Saturday MONTHLY 16 Review," discussed conditions in the market in its "Monthly acceptances as follows: for bankers' "Trading in the bill market was very A continued active quiet during July. demand for bankers' acceptances was re¬ ported, while the supply of bills remained limited. Dealers' portfolios, therefore, continued at minimum levels. In accordance with the usual experience, a decline occurred As has been the case in each month since January, however, the total volume of hills outstanding at the end of June was larger than a year previous. The proportion of outstanding bills held by accepting banks and bankers declined slightly further to 75%.". ■, :->r'\ outstanding during June. in bills ; OF THE FEDERAL RETURNS BROKERS' LOANS IN operations of the United States Treasury The in often so RESERVE BANKS- NEW YORK CITY in July, as four years, were the most important the last on money and credit conditions. What contributed toward changes in the banking influences bearing the Treasury substantial building up of its deposit Reserve Bank and, second, a reduction in the monetary gold stock in one week of the month for the first time in 17 months. The second influence was really a corollary to the first, for the sale of gold which was engineered was one of the factors which made for the increase in the Treasury's drawing account with statistics was, first, a . : Federal the with balances KEVIEW July 28, with loans off $48,000,000 and Loans to commerce, in¬ dustry and agriculture increased $12,000,000, and loans to banks were up $49,000,000, but the security loans of these banks experienced a fairly sharp decline. On the invest¬ ment side, the New York banks reported a reduction of June 30 to from investments lower by $23,000,000. $6,000,000 in their holdings of direct government securi¬ ties—this in spite of a $38,000,000 increase in this type of v. security in the concluding week of the month. Largely because of the purchase of notes from the Reconstruction Finance Corporation the New York banks were able to re¬ port a net increase of $14,000,000 in their anteed issues. Other securities declined government guar¬ $31,000,000. The reporting banks in 101 cities showed a $201,000,000 decrease in total loans and investments in the four weeks from June 23 to July 21. Of this decline, loans were responsible worth. Holdings of direct government $134,000,000, and non-government issues declined $76,000,000, but government guaranteed issues were up $35,000,000. The reporting New York banks showed a $65,000,000 de¬ cline in their loans to brokers and dealers in the four weeks ended July 28, following a rise of $82,000,000 in the five weeks from May 26 to June 30. Street loans, as com¬ $26,000,000 for securities declined decreased $12,31 from $1,186,July 31, 1936, the total piled by the New York Stock Exchange, 570,073 during July to $1,173,757,508 July A year ago, on aggregated $967,381,407. 327,581 June 30. these loans of the System. of the Treasury's operations, the banks increased $135,005,000 from June 30 to July 28. The taking of so substantial an amount of funds out of the money market was the influence mainly responsible for the $60,000,000 reduc¬ tion in excess reserves of member banks in the four-week First, as the net result COURSE OF 5 TERLING EXCHANGE DURING JUL Y Treasury's deposits with the Reserve The Treasury built up its balance in a number of calls on depositaries, as reflected in the $65,000,000 decline in the government's deposits with report¬ ing New York City banks during the four weeks. The sale of gold brought the Treasury additional funds. Sales of securities directly to the public by several governmental period. It levied ways. at the Treasury's dis¬ agencies helped to swell the cash the Treasury realized $150,000,000 in the three weeks of the month by sale of three issues of Finally, posal. > last ruled firmer during July than at any other time this year. On July 20 exchange on London made a new high for the year when cable transfers sold at $4.98^. Commercial demand for dollars to meet autumn exports from the United States developed earlier than usual and was also heavier than in recent years. Under normal con¬ ditions this dollar demand should have depressed sterling. The firmer trend of sterling is believed to have induced an g anticipatory demand for dollar settlements on commercial account. Under normal conditions of exchange the autumn Sterling exchange pressure on of first reflected in the monetary statis¬ gold fund for July 20, decline of $41,778,787 was disclosed. The Treasury The sale of gold was sources. important factor, / an when , Treasury of special bullion agreements with China and Brazil. The joint statement issued the by announcements r July 9 by Secretary of the Treasury Morgenthau and on Finance Minister of the Chinese Republic, said that the United States had agreed to sell to the Gov- Dr. H. II. Kung, * China of ernment substantial a amount of and gold to Then on July 15 Secretary Morgenthau and the Brazilian Finance Minister, Arthur de Souza Costa, announced that they were entering into an agreement whereby this country would sell gold to Brazil up to a total of $60,000,000 and to make dol¬ acquire from China an undisclosed amount of silver. exchange available to lar Brazil "for the purpose of pro¬ It is possible that some of moting exchange equilibrium." gold which came out of the inactive fund on July the 20 the performance of the indicated that the United States was losing some of sold to European nations, since was dollar the balances which had come to it in the last two foreign and a half and the market expected these de¬ sale of sioned in the third week of the month occa¬ gold drop of $19,000,000 in the monetary gold stock for a In the succeeding week further repercussions the week. of the monetary statistics, the Federal Reserve statement for the week ended July 28 deal the China with appeared in Silver showing a rise of $21,000,000 in Treasury currency. taken over rise in gold on stock by -the United States from China would cause a Treasury currency. Tie loss of nearly $42,000,000 July 20 did not, however, suffice to make the gold in the period from June 30 to July 28. Tie lower receipt of $116,200,000 from the rest of the world in July, as the in reflected gold movements, until around the end of August. market also reported that there was a considerable The other foreign funds from dollars Dutch guilders. This movement away the dollar was a continuation of the trend which had in evidence since May, and originated in fears that movement of French and Federal Reserve's daily statements of left the United States gainer of gold on and sterling into from been States might impose some United the tion foreign on These fears were form of extra taxa¬ funds invested in American securities. further aggravated by the opinion widely investors that the United States held by French authorities g might be willing to accede to plans of the French Govern¬ ment for an interchange of investment data relative to ■?; domiciled in the United States. However, month the anxiety felt on both these funds foreign toward the end of the subsided and evidence accumulated that foreign again seeking profit and security in the Amer¬ grounds money was ican market. further strengthened by a movement of from dollars into sterling. For many Japanese interests had been shipping gold to the States. By the end of July such shipments had Sterling was funds Japanese weeks United years. The \,A to mands to continue a did not make public the identity of the nation or nations which bought the gold. But the sale followed hard on , offset by heavy London derived from numerous Tourist requirements for exchange on London; were funds of tics in the statement of the inactive , end . movements discount bills. sterling rarely develops until toward the August. ' The demand for dollars was more than approximately $120,000,000, and informed sources that before the movement terminated Japan * totaled estimated would Of ship not less than $200,000,000 of gold. Japanese gold sales to the United States • in dollar credits. Early in July the market took , probably course, resulted the cognizance of the transfer into sterling. of these Japanese dollar credits . „ Sterling was also firmer as the disturbed political con¬ ditions in many parts of the world induced a flow of foreign money of safety. There was also foreign funds into London to estab¬ into London for purposes the usual movement of 4 balances there on commercial account. The crisis which developed in France toward of June was an important factor in forcing funds lish necessary severe monetary balance. the end rose into sterling. The monetary gold stock from June 30 to July 28 $115,000,000 to a new all-time high of $12,443,000,000. Execpt for these Treasury matters, the banking figures showed few changes of importance. Federal Reserve credit in use declined $2,000,000. Member bank borrowings from the Reserve System increased $5,288,0b0, while bills bought in the open market by the Reserve banks decreased $600,000. The System's portfolio of government securities showed no change as to total amount, but $8,000,000 of Treasury notes were sold out and replaced with a like amount of Treasury Member bank bills. reserve balances decreased $124,783,000 compared with a decline of $60,000,000 in The indication were reduced was excess reserves. that member banks deposit requirements by about $65,000,000 owing to a fall in de¬ Foreign deposits with the Reserve banks rose $27,642,000 to the very high figure of $185,042,000. posits. For the reporting showed a decline a month of declining The reporting New York City banks banks, July was loans and investments. of $71,000,000 in their outstanding credit The British Government took special note of the tendency of foreign money to seek the London market when toward Chancellor of the Exchequer, Sir John the end of June the bill to increase the British equaliza¬ £200,000,000. Tiis bill passed its third read¬ ing on June 30 and became a law on July 1. Tiis brought the British equalization fund to £575,000,000. It was the second I increase in the fund, which was started in 1932 with £175,000.000. Sir John 'Simon explained to the Com¬ mons that, the purpose of increasing the equalization fund was to aid general world trade. : ; Before the increase was voted members of Parliament referred to the danger of a "break" in the "corner of gold" and of a possible loss to Great Britain from a reduction in the United States gold price. The Chancellor replied: Simon, introduced a tion fund "We are by much abundant. It better secured is and our resources are fairly unlikely that any sudden or sustained vfK , m:. -pm Aug., 1937] losses of gold barrass us." could ' • occur which would seriously now as em¬ was The bringing up the resolution to enlarge the equalization fund, the veil of secrecy which had concealed its operations its organization that was lifted. partly March 30 on ascertained, but it was believed to be far in of announcements market. made that excess available no at the ary, absorbed was by British statement just prior to the suspension of gold in On July 5 the plan of the Belgian Premier, Zeeland, to bring about a broad international agreement to fund was the total gold on offer in on private account London details of any Van Zeeland the negotiation. was proceeding He with said that inquiries "to Van Zeeland was ; "the only vehicle of United Kingdom's expression." Mr. Chamberlain made it clear that he was no more ready than his predecessor, Mr. Baldwin, to undertake gen¬ the open market during In fact, hoarding of gold in disclose M. Van economic subject of inquiry in the British However, Prime Minister Chamberlain refused a whether Premier the resumed was made was among a number of States, including signatories of the tripartite currency agreement." Mr. Chamberlain returned an abrupt "No" to a question by a Laborite member as to absorbing even larger amounts during many days. The flight of hoarders from gold came to an abrupt end before the close of June, as partly evidenced by the fact July amounted to only £5,406,000. Septem¬ endeavor to ascertain how far it is possible to obtain agree¬ ments on certain general principles of economic policy the heaviest purchaser, not only buying in the open market at price-fixing time, but that period on record during which this The previous longest period of cheap ber, 1931. the British ex¬ equalization 30, 1932. all-time high of £498,338,000, which compared with £448,a year earlier, and with £351,618,000 in the Bank's statement just prior to the suspension of gold in 1931. In keeping with the expansion in circulation, the Bank continued to add to its bullion holdings, which on July 28 reached £327,516,168 as compared with £240,948,244 a year earlier, with the minimum of £150,000,000 recommended by the Gunliffe Committee, and with £136,880,252 in the Bank's market offerings for the month to reach an all-time of £22,424,000. At the same time London market the June on 570,759 Premier believed that established an open Parliament. observers had been as represented by the bank rate lasted from Febru¬ 1894, \ to September, 1896, when the rate was also 2%. July 28 circulation of the Bank of England reached It should be recalled that in June there was a marked flight of delioarded gold from London, which caused the high it had prevailed. change equalization fund. open Great On such quantities of gold were placed gold of money This discrepancy was taken to indicate clearly incoming trade the longest was rate the open market in that period. The most that could be accounted for during the four days was approximately that internal 2%, which level This on £1,300,000. the thereby to stimulate domestic trade and It was revealed that British bank clearings had increased 12% in the first half of the year. The Bank of England rate of rediscount continued at instance, on July 27 the London "Gazette" reported that during the four days ended July 27 imports of gold into the United Kingdom were valued at £11,621,519, while exports totaled only £350,865. The principal feature of the imports during those four days was the receipt of £6,126,014 from France and of £1,689,058 from Russia, the first receipts from these sources in several weeks. The was in serving manufactures. of the the in upswing largely responsible for the increase in the cir¬ years, For point gold was by foreign ^-p t;.p ■; culation of the Bank of England. < It was disclosed in July that British foreign trade in respect to exports and re¬ exports was also increasing more rapidly than in several The the fund held believed to be the heaviest buyer of gold reaching the Lon¬ don market. The full extent of its purchases could not be day-to-day ;v steady Britain Chancellor 26,674,000 fine ounces of gold, approximately $933,590,000. The Chancellor promised that the position of the fund would be made public every six months, with; the sole- qualification that the figures would be three months old. .The holdings of the British fund on March 30 were in addition to the 73,482,000 ounces of gold which the Bank of England held in the specie department for its note circulation. ! In July, as in June, the British equalization fund was announced also the acquisition of British bank notes interests. ' In since I MONTHLY EEYIEW eral economic conferences without the most careful prepara¬ tion and exploratory studies. In regard to a series of ques- during July, DAILY RATES OF EXCHANGE ON CONTINENTAL CITIES Paris .Swiss Holland Francs Belgium Italian Francs Guilders Greek Belya Lira Drachma July Bankers' Checks 3.83 #03.85# 3.83^a3.85 3.83#o3.84 3.84 Banters' Cables 3.84 03.84# o3.84# 3.84 #03.84# SUN DAY Checks SUN DAY 03.87# 3.87#o3.87# HOLI DAY 22.89 - 022.90 DAY-^>,ry SUN a3.887,6 22.90 #022.92 3.88#o3.88# 22.92 #022.94 022.94 3.88#o3.88# 22.93 3.87#o3.88# 3.87#o3.88# 3.88 03.88# 3.87 #03.88# 3.82 #o3.85# 3.S2#o3.85# 22.91 #0.92# 3.76 3.76#o3.77# 22.89#o.90# 3.88 3.87 s,6o .88# 03.77 SUN DAY 3.74#o3.78# 3.74 #03.75# 3.71#o3.76# 3.70 #03.73# 3.72#o3.73# 3.72#o3.73# 3.75#o3.79# 3.75 o3.75# 3.72#o3.77# 3.71 #03.74# 3.73 #03.74# 3.73#o3.74 SUN DAY . . 22.93 022.94 Cables O22.09 22.06 22.07 022.08 O22.09 22 09 SUN DAY Checks 22.12 022 12 22.12 Cables SUN DAY 5.26# 5.26 5 2605.26# 5.26# 5.26# 90#o.91 5.26#o5.26# ,90#o.91 5.2605.26# 5.2605.26# 5.2605.26# 5.2605.26# 5.2605.26# 5.26o5.26# HOLI DAY 022.14 25.54 ZZZ.14 y- SUN DAY 5.26a5.26# 5.26a5.26# 5.2605.26# 5.2605.26# 5.2605.26# 5.26o5.26# b ,90#o.91 ,90#a.91 ' SUN 5.26#o5.26# 5.26#o5.26# 5.26#o5.26# 5.26# a5.26# 5.26#o5.26# 5.26#fl5.26# Bankers' Bankers' 91#o.91 91#a.91 91#o.91# DAY Spanish Peseta AC Cables < Bankers? Checks ; Cables HOLI DAY 24.89#a.92# 40.10#a40.14 40.11 5.08 5.08 5.12 SUN D DAY HO HOLI D'AY DAY DAY 040.15 18.73ol8.78 18.73#a.79 a24.91 24.89# 024.92 40.11#a50.15 40.12 O40.16 18.73al8.79 18.74al8.80 22.11022 025.55 25.53#a.55# 24.88024. i.12# 25.53 24.88#a.90# 40.14 O40.15 40.14#a40.16 18.74al8.79 18.74al8.80 22.13 122.15 25.55 025.57 25.55#o25.58 24.90a24.__ 24.90# 024.93 40.14#a40.16 40.15O40.16# 18.74al8.80 18.74#a.81 22.14#o22.15 25.57025.57 25.57#a25.58 24.92o24.92 24,92#a24.93 40.16 O40.17 40.16#fl40.18 18.76al8.80 18.76#a.81 DAY DAY DAY SUN DAY SUN DAY O22.20 25.60 025.63 25.60#a.63 24.95 024.98 24.95#o24. 99 40.18O40.19# 40.18#a40.20 18.76ol8.80 18.77al8.81 022.21 25.61 025.62 25.62 O25j 24.97 024.98 24.97#a24.99 40.20 O40.22 40.20#O.22# 18.76al8.81 18.77al8.82 022.19 025.62 25.61a25.62 24.95#a24.97 24.96a24.97# 40.20 040.23 40.21 040.24 18.76al8.81 18.77al8.82 22.17 0.18# 25.61a25.62 24.95#a24.97 24.96a24.97# 40.22 O40.23 40.22#a40.24 18.75al8.80 18.76al8.81 22.17 022.21 25.60 025.64 25.60#a25j 24.95 024.98 18.76al8.81 18.77al8.88 24.95#a.99# 40.21O40.22# 40.21#a.23 22.20 022.21 25.63#o25.64 25.65 025.65 24.98 024.99 18.76al8.80 18.77al8.81 24.98#a25.00 40.21 O40.22 40.21#a40.: DAY SUN SUN DAY SUN DAY SUN DAY ^ 22.20#o22.22 25.63#o25.65 25.64 025.66 24.98#o25.00 24.99 O40.23 40.21#a40.25 18.76al8.80 18.77al8.81 O25.01 40.21 22.24 022.25 25.68 025.69 25.68 025.70 25.03O25.04# 25.03#o25.05 40.24#a40.26 40.25 O40.30 18.78al8.80 18.78#a.81 22.24 25.68 025.70 25.68 25.02#a25.05 25.03 O25.06 40.25O40.26# 40.25#o40.28 18.78al8.82 18.78#al8.83 25.68 025.70 25.68 25.03 025.05 18.79al8.84 18.80al8.85 25.03#a.05# 40.25#O.26# 40.26o40.27 25.60 025.65 24.95 O25.00 24.95#a25.01 40.25 O40.26 40.25#o.26 18.80al8.84 18.80#a.85 22.18 022.19 25.61 025.62 25.61 025 24.96 024.97 18.79al8.84 18.80al8.85 24.96#o24.98 DAY SUN SUN DAY DAY SUN D AY 26.66 025.67 25.01 025.02 25.01 O25.03 40.24#O.25# 40.25O40.26# 18.80al8.84 18.81al8.86 25.66 025.67 25.01O25.02# 25.01 025.03 40.24 O40.26 40.24#a40.27 18.82al8.85 18.82#a.86 5.10 5.11 5.11 5.11 6.20 : 22.17022.16# 22.18 O22.20 22.17022.18# 22.17 022.18 22.16#a22.20 22.19#o.20# 22.20 022.21 22.23#fl22.24 22.23#o22.25 22.17#022.18 SUN 22.22o22.22 22.22o22 i 140.23#a.26 - SUN DAY 5.07 5.08 5.12 No ■; 5.08 Quotations 5.16 5.12 SUN DAY 4.99 5.04 4.98 5.03 4.98 5.01 SUNDAY 4.97 5.01 25.64o25,65# 22.22 022.23 24.99a25.00 25.65 22.21 025.01 40.23 4.98 24.99#a25.01 25.00 025.02 5.01 25.66 025.67 025.67 25.01 25.65#o25.67 22.21#a22.2222.22 O40.24 40.23#a40 .25 1 8.80O18.85 18.81al8.86 040.25 18.82ol8.85 18.83al8.86 40.22#a40.24 40.23 O25.02 25.01#a25.03 O40.25 18.83al8.85 18.83 .83#o.86 40.22#a40.24 40.23 O25.01 25.01 040.25 18.82al8.85 18 .82#o,86 O25.02 40.22 #a40 .24 40.23 25.00 PPPPf:.:? r P^:-Si: P'P "IP ^ \\ «1 * , . "• » .P r 1 v -T ' v,'-. .. o.91 91#o.91 91#a.91 O40.12 40.09#a40.15 18.73al8.75 18.73#a.76 o40.ll 40.10#a40.12 18.73al8.75 18.73#a.76 o40.ll 40.10 040.13 18.73al8.75 18.73#o.76 SUN DAY HOLI DAY 024.92 22:i2o22.13 i.13# 25.54o25.56# 25.54#a25.57 24.89 Checks Cables 91 . ,90#a.91# .91#0.91# ,90#a.91# 91 a.91# .90# a.91# .91 o.91# .90#a.91# .91#a.91# .90#a.91# 91#a.91# .90#a.91# .90#a.91# Vienna Cheeks .90#a.91# SUN DAY SchiUing Cables .90#a.91# 90#a.91# .90#a.91# 90#a.91# .90#o.91# 5.26#o5.26# 90#a.91# 5.26#a5.26# ,90#a.91# 5.26#a5.26# 90#a.91# 5.26#o5.26# ,90#a,91# 5.26#o5.26# 90#a.91# 5.26#o5.26# .90#a.91 Berlin SUN DAY 025.57 25.54#a.57# 24.89 .90#a.91 .90#a.91 ,90#o.91 ,90#a.91 SUN DAY 5.26a5.26# 5.26o5.26# 5.2605.26# 5.26o5.26# 5.2605.26# 5.2605.26# .90#a.91# 90#a.91# SUN DAY 5.26#o5.26# 5.26#o5.26# 5.26#o5.26# 5.26#o5.26# 5.26#o5.26# 5.26#o5.26# Relchsmarks Checks v SUN DAY HOLI DAY .90#o.90# ,90#a.91# .90 #a.90# .90#o.91 .90#o.91 90#a.91# SUN DAY 16.84 0.85# 16.84 0.84# 16.84 a.84# 16.84 0.84# 16.83 a.83# 16.83#al6.84 16.82#al6.S3 16.83 0.83# 025.50 24.82#a24.84 24.83 25.47#o25.49 25.48 024.85 40.09 25.47#o25.50 25.50O25.50# 24.82#a.85# 24.83 024.86 40.10 25.49 025.51 25.49#o.51# 24.84#a24.86 24.85a24.86# 40.09 HOLI DAY 22.1 5.26 5.26 Bankers' Bankers' 22.06 022.13 SUN DAY HOLI DAY 5.26 5.26# SUN DAY 16.83#al6.85 16.83#ol6.84 16.83#a.84# 16.83#al6.84 5.26#o5.26# ,D0#o.90# •90#a.91 5.26#o5.26# .90#o.90# .90#a.90: 5.26#o5.26# .90#o.90# .90# a.90- Krone 22.06#o22.07 22.07 22.11 26# Banters? Checks Cables Cables Norway Bankers' 22.11 5.26o5 5.2605.26# 5.2605.26# HOLI DAY 16.83#al6.S4 16.83#a.84# 16.83 016.84 16.83#a.84# 16.83#al6.84 16.83#a.84# 16.83#ol6.84 16.83#a 84# 16.83#al6.84 16.83#a.84# a.18# a.83# 16.83#al6.84 0.96# 22.96#fl22.97 55.16#a55.17 55.17^055.18 16.S2#al6 83 16.83 a.83# Krone ' Checks SUN DAY 22.87#o22.89 54.96#o54.08 54.97 a.98# 054.98 54.97#a54.99 22.89#o22.90 54.97 22.88 054.98 54.97#o54.99 0.89# 54.97 22.88#0.89# 54.97#o.98# 54.98 a.99# 22.89 #a.90# 54.98 054.99 54.98#a.99# DAY SUN DAY 22.91 054.99 54.98#a.99# 0.92# 54.98 22.93 O55.10 55.08 0.94# 55.07 055.11 055.10 55.09#a55.U 22.93#0.94# 55.09 22.93 #0.94# 55.08 #a55.10 55.09 a. 10# 22.92 0.93# 55 09 a.10# 55.09 #a55.U 22.90 O55.10 55.09#o55.U 0.91# 55.09 DAY SUN DAY Denmark Checks Bankers' Cables SUN SUN DAY 22.90 #0.91# 22.91 0.91# 55.09 O55.10 55.09#a.l0# 16.83 a.83# 16.83#fll6.84 22.93 022.94 22.93 #022.95 55.20 055.22 55.20 #a.22# 16.83 a.83# 16.83#ol6.84 22.94 022.95 22,94#o.95# 55.22#a.25# 55.23 a.26# 16.83#al6.84 16.83#a.84# 22.94 022.95 22.94#o.95# 55.28 055.30 55.28#a.30# 16.82 016.S3 16.82#a.83# 22.95 0.95# 22.95#o22.96 55.19 a 65.26 55.20 a.26# 16.83 a.83# 16.83#al6.84 22.95 0.95# 22.95#a22.96 55.14 055.18 55.15 a.lS# 16.83 0.83# 16.83#al6.84 SUN DAY SUN DAY SUN DAY 22.96 #0.97# 22.97 022.98 55.21 #o55.23 55.22 055.24 16.83#a.S3# 16.83#al6.84 22.96 #022.97 22.97 0.97# 55.19 055.2.3 55.20 055.24 16.83#a.83# 16.83#al6.84 22.94#a.95# 22.95 a.96# 55.06 0.18# 55.06#a55.19 16.83 16.83# 022.97 55.11 #055.15 55.12 22.94#o.96# 22.95 a.15# 16.83 a.83# 16.83#ol6.84 22.96 0.96# 22.96 #a22.97 55.16#a.l7# 55.17 16 83 3.73#o3.74# 3.74 #03.74# 3.73#o3.74# 3.74 #o3.75 03.74# 3.74 #o3.74# 3.74#o3.74# 3.74#o3.75 3.74#o3.74# 3.74 #o3.75# 3.74#o3.74# 3.74#a3.75 22.96 3.74 Checks SUN DAY HOLI DAY holi DAY SUN Bankers' Cables 022.89 22.87#o.89# 54.94 054.95 54.94#o54.96 16.83#al6.84 16.84 a.84# 22.85#o.87# 22.86#o22.88 54.97#o54.98 54.98 054.99 16.83#al6.84 16.83#a.84# 22.84 022.85 22.84#o.85# 54.98 0.98# 54.98#a.99# 16.83 016.84 16.83#a.84# a3.867|6 3.86#a3.86# 22.87 0.88# 3.86# 03.87 3.869,603.81# 22.89 0.89# 3.86 03.86# 3.86#c3.86# 22.87#o.8S# 3.86^03.87 # 3.86#o3.87# 22.88 022.89 1 Checks 22.87 3.86 3.87 Bankers' Cables 5.06 6.02 SPP® .-V'| /.j: " MONTHLY REVIEW 18 respecting the possible tions in the House of Commons ;pln commenting sum¬ "The 22. At that time Mr. Baldwin said that Government would be willing to participate in world conference "provided that a thorough and compre¬ last April tions hensive investigation on commitments payable in gold or foreign cur¬ which had been in effect on June 29 and 30, was lifted on July 1 after the new Cabinet had received parlia¬ mentary authorization to exercise emergency decree powers for a period of two months. Pursuant to this authoriza¬ rencies, showed that such a conference would to succeed." on offer in the London open market be likely Gold during July tion, the government £22,424,000 in June and with £12,276,410 in May. During the month the mean London check rate on Paris ranged between 127.98 and amounted to £5,506,000 compared with tion was closed from June 29 to July 2, inclusive. $0.0384 in this market and 128% francs per pound in Lon¬ representing a depreciation of about 12% from the don, Dur¬ limit of devaluation previously in effect and a total ing this period the London lower mally quoted 119-110 francs to decline check rate on Paris was nor¬ the pound. The American price for gold (Federal Reserve Bank of New York) con¬ London open market money rates Two- and three-months' bills, 9/16%; fourmonths' bills, 19/32%, and six-months' bills, 23/32%. Sterling cable transfers sold on July 1 at $4.94 7/16@ $4.94 15/16, and on July 31 at $4.97%@$4.97%. The low for sterling in July was $4.94 7/16 on July 1, and the high 121654872304 65 1265340897 $4.98^ on July on Paris on 6d. 1 *119.00 2 *119.00 140s. 6d. 18. 3 128.76 140s. 6d. 19. ... 128.49 believed that the French 139s. lid. considerable amount of gold and foreign currencies 139s. lid. 132.79 139s. 8d. 21. 133.37 139s. 8d. 6%d. 128.35 140s. 4%d. 22. 134.18 139s. 7 128.20 140s. l%d. 4d. 23. 133.25 139s. lOd. 24. 133.07 140s. 128.24 128.15 140s. 5d. 25. 128.07 9......... 10 140s. 140s. 3d. 26. %d. sun DAY 139s. 133.07 9d. 132.93 139s. 6%d. 12 128.01 140s. 2d. 28. 132.89 139s. 9d. 13 139s. lid. 29. 132.85 139s. 9%d. 14 127.98 127.98 140s. Id. 30. 132.83 139s. 8%d. 15..— 128.03 140s. 31. 312.80 139s. 8%d. 16 130.02 140s. l%d. Id. £■■ 27. SUN DAY 11 ♦ Nominal quotations—market in Paris ately firmer towards the end of the month and on the 29th was $0.0375. (Continued suspended. slovakia Dollar Polish Rumania Krone Checks-. i ■ Checks • 7« a 3t« % disct. ,364 fl,7128% disct. *64 a %% disct. 3 3.48%a3.48J* 3.48%a3.48M 3.48%a3.4S?4 a.75 . Finnish Argentina Brazil Lev Markka Peso Milrels ■ Cables 18.93al8.97 19.75al9.77 1.28al.34 18.93al8.97 19.75al9.77 .73 a.75 .73 a.74% 18.94al8.97 19.75al9.76 1.28al.34 1.28al.34 sun DAY f ^ Checks Cables ,18%a2.19 ,18%a2.19 ,18%a2.19 8.71a8.82 8.72a8.83 32.92a32.95 32.93a32.96 32.97 32.96 8.71a8.82 8.72a8.83 8.70a8.82 8.71a8.83 33.01a33.05 32.02a33.06 8.70a8.85 8.71a8.86 8.72a8.84 8.73a8.85 Checks Checks ,30%a2.33 ,30%a2.33 ,30%a2.33 Checks Checks Checks .73 Dinar Pengo Cables Checks it 32.96 32.95 - HOLI DAY 5 6....... *12 0712#% disct. % % discount 1364 a 3t$ % disct. 732 a 3i6 % disct. '^64 a >t6 % disct. 7... 8....... 9—.. 10... 3.48%a3.48M 3.48%a3.4S% 3.48%a3.48% 3.48%a3.48% 3.48%a3.48% .73 a.75 18.93al8.98 19.75al9.76 .31 a2.33 1.28al.34 18%a2.19% .73 a. 75 18.94al8.98 19.75al9.77 19 a.75 18.93al8.97 19.75al9.76 ,30%a2.33 ,30%a2.33 ,30%a2.33 ,30%a2.33 1.28al.34 .73 1.28al.34 19 1.28al.34 19 a2.19% 33.03a33.05 33.04a33.06 02.19% 33.01a33.02 33.02a33.03 33.05 33.04 a2.19% 1.28al.34 19 a2.19% .72%a,75 18.92al8.97 19.75al9.76 .73 18.92al8.97 19.75al9.76 a.75 11——. 12....... >J6 a"64 % disct. >16 a1'64 % disct. si6 a"64 % disct. ,36« a 3i6 % disct. 3i6% discount >16 a >32 % disct. 13..—*. 17. .73 a.75 18.93al8.97 19.75al9.77 .31 3.48%o3.48% 3.48%a3.48% .73 a. 75 18.92al8.97 19.75al9.77 .73 a. 75 18.92al8.98 19.75al9.77 3.48%o3.48% .73 a. 75 18.92al8.97 19.75al9.77 3.48%a3.48% .73 a.75 18.90al 8.95 19.75al9.77 3.48%a3.48% •73%a.75 ,30%a2.33 ,30%a2.33 ,30%a2.33 ,30%a2.33% ,30%a2.33% 19.75al9.77 18.91 3.48%a3.48% 3.48%a3.48% 3.48%a3.48% s32% discount s32 a 764 % disct. 3.48%03.48% s64 a '32 % disct. 3.48%a3.48% '64% disct.a'64% prem. 3.4S%a3.48% 23....... 24....... .73 a.75 18.90al8.95 19.75al9.77 18.91al8.95 19.75al9.77 18.90al8.95 19.75al9.77 .73 a.75 18.91al8.95 19.75al9.79 .72%a.75 18.91al81)4 19.75al9.77 .73 18.90al8J9(3 19.75al9.77 .72%a.75 .73 a. 75 a.75 ,30%a2.33 ,30%a2.33% ,30%a2.33 ,30%a2.33% ,30%a2.34 ,30%a2.33 8.73a8.86 8.7308.86 a2.19% 33.09a33.11 33.10a33.i2 a2.19% 33.12a33.13 33.13a33.14 33.11 33.10 a2.19% 8.7208.86 8.73a8.87 8.72a8.87 8.73a8.88 8.72a8.86 8.73a8.87 8.72a8.86 8.73a8.87 1.28al.34 a2.19% 33.08a33.10 33.09a33.11 33.09a33.12 33.10a33.13 a2.20 1.28al.34 a2.20 1.28al.34 1.28al.34 1.28al.34 1.28al.34 1.28al.34 ,19%a2.20 ,19%a2.21 33.14a33.17 33.15a33.18 33.19 : 33.20 i 33.21 Par 3.48%a3.48% 3.48%a3.48% 3.48% a3.48% 3.48%a3.48% 3.48%a3.4S% 3.48%a3.48% ,32% discount 3i6 a l32 % disct. 364 a '32 % disct. 29....... 80. 364 a '32 % disct. 31....... •32% discount Bolivia Ecua¬ a.75 18.90al8.94 .73 a. 75 18.91al8.95 19.75al9.77 .73 a.75 18.91al8.97 19.75al9.77 18.91al8.95 19.75al9.77 .72%a.75 Colombia dor Uruguay ano Peso Sucre Peso .20 a2.20% 33.12a33.16 33.13a33.17 33.12 33.11 ,19%a2.20 8 73a8.86 8.74a8.87 8.72a8.86 8.73a8.87 8.73a8.88 8.74a8.89 1.28al.34 c.75 18.91al8.95 19.75al9.77 31 a2.33 1.28al.34 18.91al8.95 19.75al9.77 30%a2.33 1.28al.34 Checks ,19%a2.20 ,19%a2.20 ,19 Chile Peru Portugal Hong Kong Peso Sol Escudo Dollar (Yuan)DoUr Checks Checks Checks Checks Checks Checks <3.70 56.97a57.25 9.50 79.25a79.60 3.70 56.97a57.25 9.50 79.25a79.50 32% 32% 32% hai Checks 5.16a5.19 3.70 56.97a57.25 9.50 79.25a79.50 6 3.70 56.99a57.25 9.60 79.25a79.50 7 3.70 56.99a57.25 9.50 79.25a79.50 -* Checks Checks 5.16a5.19 25% 25% 4.47 a4.50 30.22a30% 5.16a5.19 4.47 a4.50 30.29a30% 5.16a5.19 25% 4.47% a4.50 30.26a307j6 4 a2.20 19%a2.20 ,19%a2.20 ,19%a2.20 Shang¬ 1 8.74a8.90 1.28al.34 a. 75 2 8.74a8.90 8.74a8.90 .73 zuela 8.74a8.89 8.73a8.89 8.73a8.89 .73 Bolivar 8.73a8.88 8.73a8.89 33.20 ,19%a2.20 ,19%a2.20% 33.20a33.21 33.21a33.22 1.28al.34 ,30%a2.33 ,30%a2.33% 1.28al.34 30%a2.33% 1.28al.34 Vene¬ Bolivi¬ 8.73a8.87 8.73a.87% 1.28al.34 1.28al.34 30%a2.33% 1.28al.34 19.76 .73 8.72a8.86 8.72a8.86 33.14 33.13 sun DAY 25....... 20....... 8.73a8.85 8.72a8.85 33.06 33.05 sun DAY 3i6 a2,i28% disct. 23i2b as32 % disct. 8.72a8.84 8.72a8.85 i sun DAY a2.33% 1.28al.34 3.48%a3.48% 18..—.. 19..—.. 20..—. 33.17 33.18a33.19 33.19a33.20 33.17 33.16 8.73a8.88 8.74a8.89 8.73a8.87 33.15a33.18 33.16a33.19 8.72a8.87 8.74a8.88 8.73a8.88 33.17 33.18 8.73a8.88 8.74a8.89 33.18 33.19 8.73a8.88 8.74a8.89 Singa¬ Yoko¬ hama k Yen Checks 33.18 Manila Peso Checks pore Dollar Checks Java Bombay Rupee Guilders Checks Checks 29.64a292932 28.73a28.77 50.25a50.30 57.95a58.05 37.32a37.35 55.16 29.64a292932 28.72a28.75 50.25a50.30 57.89a58.10 37.30a37.33 65.19 37.30a37.33 29.65a29'5j6 28.73a28.75 50.25a50.30 57.95a58.15 55.18 sun DAY HOLI DAY?. 5 8 3.70 56.99a57.25 9.50 79.52a79.50 9 3.70 56.99a57.25 9.50 79.25a79.50 32% 32% 32% 32% 3.70 56.99a57.25 9.50 79.25a79.50 32% 3.70 56.99a57.25 9.50 3.70 56.99a57.25 9.50 3.50 56.99a57.25 9.50 21..... 50) garia (Serbia) Hungary Zloty 4 3 on page Bul¬ Yugoslavia Czecho¬ Canada 1 ' the closing rate DAILY RATES OF EXCHANGE ON OTHER CENTRES March July during The franc rose slightly in this mar¬ ket to a high of $0.0388% on the 13th. Shortly thereafter, however, the flow of funds to France associated with short covering subsided rather abruptly, and franc quotations de¬ veloped a more irregular tendency in a comparatively in¬ active market. A low of $0.0371% was reached in New York on the morning of July 22, but the -market became moder¬ the first half of July. 20. 6d. 6 ■ It is generally stabilization fund, in intervening supply the market's requirements for francs, acquired a to sun DAY 140s. SUN DAY 5 speculative positions in French exchange. Gold Price 132.10 Britain's suspension of gold payments in September, 1931. 'The further depreciation of French exchange was fol¬ lowed at once by a considerable movement of funds to Paris from abroad, reflecting principally a covering, at the new and profitable levels, of some of the most volatile Open Market Paris 131.34 17. 140s. 4*... ments which began with Great Londont Check Rate July Conse-: series of currency realign¬ which had prevailed prior to the Mean London London Open Market Gold Price 1928-1936 gold parity. currencies became reestablished at a level not far from that price of gold in london Mean London the result July 20. Check Rate from previously effected in the dollar and the pound, with the that the exchange relationship among these three in July were: london check rate on paris and 42% of quently the decrease in the market value of the franc in terms of gold corresponded fairly closely to the reductions tinued at $35 an ounce. was abrogated the limits of franc devalua¬ established by the monetary legislation of Oct. 1, 1936, and, with the resumption of trading in French exchange on July 1, closing quotations for the franc on that day were pound. Pending changes in the French Cabinet and monetary policies, the Paris foreign exchange 134.18 francs to the I market temporary moratorium decreed by the French Gov¬ ernment the British a the foreign exchange situation during New York said in its on July the Federal Reserve Bank of "Monthly Review" for Aug. 1: moning of a world conference, Mr. Chamberlain on July 5 said that he stood on Mr. Baldwin's reply to similar ques¬ V'' 50.25a50.35 58.09a58.25 37.39a37.44 55.18 37.41a37.42 55.18 37.36a37.42 65.19 37.38a37.45 65.19 28.78a28.82 4.48%a.505 30.23a30% 29.63a29'Sj6 25% 58.14a58.30 60.25 a4.50 30.28a307,6 29.65a29'5,6 28.78a28.84 5.16a5.19 25% a 25% 4.49 50.25a50.30 58.03a58.25 04.50 30.23a30% 29.61a292932 28.76a28.81 5.16a5.19 25% a 25% 4.49 50.25a50.30 58.09a58.25 a4.51 30.24a30% 29.61a292932 28.77a28.81 5.16a5.19 25% a 25% 4.49 50.25a50.30 58.14a58.30 a4.51 30.29a307i6 29.63a29'5,6 28.78a28.79 5.16a5.19 25% a 25% 4.49 37.41a37.^6 55.19 29.55a29273z 28.81a28.99 50.25a50.30 58.25a58% 37.47a37.55 55.19 28.93a28.95 50.25a50.30 58.28a58.40 29.50a30.00 28.91a28.93 50.25a50.30 58.25a58.35 28.91a28.92 50.25a50.30 58.28a58.40 29.38a29% 29.35a29% 28.88a28.91 50.25a50.30 58.20a58.35 37.50a37.55 55.30 37.48a37.53 55.30 37.49a37.54 55.30 sun DAY 3.60 56.99a57.25 3.50 56.99a57.25 9.50 3.60 56.99a57.25 9.50 79.25a79.50 79.25a79.60 79.25a79.50 79.35a79.50 79.35a79.50 79.25a79.50 3.50 56.99a57.25 9.60 79.35a79 60 3.50 56.99a57.25 9.50 79.35a79.50 3.50 56.99a57.25 9.50 3.50 56.99a57.25 9.50 3.50 56.99a57.26 9.50 79.35a79.50 79.35a79.50 79.36a79.60 3.50 56.99a57.25 9.50 79.30a79.50 3.60 56.99a57.25 0.50 3.50 56.99a57.25 9.60 3.50 56.99a57.40 9.50 3.50 56.99a57.40 9.50 79.30a79.50 79.30a79.50 79.05a79.50 79.05a79.50 79.05a79.50 79.05a79.50 9.50 32% 32% 32% 32% 32% 32% 5.16a5.19 25% a 5.16a5.19 25% a 25% 4.40 a4.52 30.26a30% 4.50 25% 30.18a307t6 4.50 30.23a307t6 5.16a5.19 25% a26.00 4.50 a5.42 30.25a307i6 5.16a5.19 26.00 4.51 a4.52 30.26a307t6 5.16a5.19 26.00 29.38a29% 37.48a37.56 55.31 28.89a28.91 50.25a50.30 58.31a58.35 37.52a37.66 55.30 29.40a29% 28.91a28.94 50.25a50.30 58.31a58.50 37.52a37.58 55.30 29.35a29"ie 29.42a29'3t6 29.46a29'3i6 29.47a292732 28.96a28.99 50.25a50.30 58.42a58.55 37.59a37.64 28.97a28.98 50.25a50.30 58.42a58.55 37.59a37.64 55.42 28.97a28.99 50.25a50.30 58.34a58.55 37.59a37.63 28.94a28.95 50.25a50.30 57.36a58.45 37.55a37.56 29.430292532 28.92a28.95 50.25a50.30 58.31a58.40 37.47a37.54 55.49 29.44a29% 28.96a28.99 50.25a50.30 58.39a58.50 37.58a37.61 28.95a29.00 50.25a50.30 58.39a58.£0 37.59a37.62 55.42 a50.30 58.36a50.c0,87.55a37.69 a50.30 58.36a58.50 37.53a37.59 a50.25 58.37a58.50 o7J58a37.59 a50.25 58.36a58.50'37.67a57.59 55.27 30.31a307j6 29.38a29% 5.16a5.19 26.00 4.50 a4.51 32% 5.16a5.19 26.00 4.50 04.52 30.32a30% 32 5.16a5.19 26.00 4.51 a4.53 30.37a30% 32£ 5.1605.19 26.00 4.50 C4.53 30.43a309t6 32 5.16a5.19 26.00 4.50 a4.53 30.42a309is 32 a4.52 30.41a309,6 32 5.16a5.19 25% a26.00 4.50 5.16a5.19 25% a26.00 4.49 32 5.16a5.19 25% C26.00 4.50 C4.53 30.41a30% 32 5.16a5.19 25% a26.00 4.50%a4.53 30.44a30% 29.46a29% 28.93a28.96 503j6 5.16a5.19 25% a26.00 4.49% a4.52 37.47a30% 29.47a292532 28.95a29.00 503j6 5.16a5.19 25% C26.00 4.50 a4.52 30.48a30"i6 29.46a29% 28.95a28.98 503i6 5.16a5.19 25% a26.00 4.50%a4.52 30.65a30'3j6 29.45a292532 28.98a29.00 503,6 30.62a30'3j6 29.47a292532 5.16a5.19 25% C26.00 4.50 a4.52 sun DAY a4.52 30.37a30% sun DAY 3.50 66.99a57.40 9.50 3.50 56.99a57.40 9.60 32 32 32 32 55.45 55.39 55.38 65.40 55.35 65.37 55.37 ., i': -.v;:;;< MONTHLY AND YEARLY RECORD RANGE OF BOND PRICES DURING JULY 109.25 Sale 106.3 1 July 13 100.13 Sale"" July 106.11 104J22 July 1 104.16 Sale 7Sept"l5 1948-1951 100.13 July 6 106.15 Sale 102.12 July 2 102.18 Sept15 1945-1947 1937 July 1Q4411(&3 9 100.15 16571 1 July 6 99.23 165711 losfie July 100.15 July 1 Saie~" "99."l5 Juiy""I ioI7l5 Sale"" "973l3 July"~2 105.30 Sale 105717 Sale"" 101.7 102.9 Apr~."~2 105"l7 Jau"~2 101 8 106.10 Jan. 22 105.23 Jan. Apr. 8 105.23 Jan. July 2 105.1 Feb. 16 99.6 15179" l'oi'io Apr. 28 105.10 101.8 102.22 165721 Saie " 102730 103".I6 105720 Apr. 166711 Sale Apr. 8 104.10 Jan. 15 2 4 105.3 23% 45% 99% Sale 12% 14 12% 13% 12% 14 12% 13% 12% 13 12% 12% 12% Sale 12 10% 10% 10% 100% 101%* 24 23% July 23% July 99 July 12% July 12% July 12% July 12% July 12% Sale 10% July 11% July 11% 11% July 11% 100 July Sale 100% 102 Sale 100.23 102.8 100253zJuly 101%.^.. 100.23102 1002132101% 100.10102 1002332July 100%, July 101%, July 1002'«101% 100 %# Sale 100%# July 100% Sale 99.31100.16 100'32 July 101,532Sale 101% Sale 101% July 100> 100% 99.31100.20 993'32July 100% Sale 101% Sale 100% July 91 % July 91% Sale 93% Sale 101"32Sale For footnotes see page 30 101.4 102 1 2 20 1 14 2 2 1 6 24 2 July 6 102.31 23% 13 Jan. 100.9 23% Sale 4 Jan. 103.2 23% Sale 99 100% 12% Sale 12 12% 12 : 12% Jan. 104.22 Jan. 4 July 24% July 99% July 14 July 13% July 12% July 13% July 12% July 12% July 7 12% July 14 102 July 22 101^32July 20 23 June 22 22% Apr. 13 97 May 21 11% June 29 12 June 2 11% June 6 11% June 23 10% July 22 11 June 26 11% June 26 98% Jan. 1 100«32July 29 30 23 29 21 30 24 2 2 2 1002332July 29 103 Jan. 22 2 100%. July 30 102% Feb. 4 5 100% Feb. 19 103% Jan. 28 5 100%# July 29 102% Feb. 4 1 lOO'az July 21 102% Jan. 19 1 101 Feb. 18 102% Jan. 22 6 993'32July 24 103 Jan. 12 12 96% Apr. 22 101% June 8 26 90% June 1 93% July 26 IOD32 July 100 % July 101% July 100% July 100% July lOl'Wuly 100%# July 101% July 93% July 8 30 Feb.115 9 30 Feb. 15 1 100% June 28 14 20% Jan. 10 11 20 Jan. 5 11 20 Jan. 6 30 20% Jan. 5 1 17% Jan. 5 24 10% Jan. 5 16% Jan. 5 July 20 22 102% Feb. 9 18 4 102 N. Y. STOCK - Sales in July Value $ ' 38.000 18,000 18,000 32,000 634,000 706,000 447,000 238,000 v 63,000 63,000 1 34,000 ' \h N. Y. 51 S M N J F A M 8 J J J D M S A O J D I D A O A O J D stamped ..........1961 Readjustment Refunding s f 4*5-4*5*——J'Z* Extl readjust 4H-4*5s—.. 1977 4*5e^*4s—1W<> 4*5-4*5 $ bonds 1975 3% external s f $ bonds....... 1984 Bulgaria (Kingdom of)— ; •: Extl 61,000 s f ♦S f 78 July coupon hi- 77,000 off_.......1967 ♦S f 734s May coupon F A J D V 101 O S M S 91 F A S F 82*5 A A O ir MN J J J 85*5 62*5 J off——1968 M N 24 O 178,000 ♦Ry ref extl s f g 6s... Jan 1961 ♦Extl s f 6s Int ctfs Sept 1961 93,000 ♦Extl sinking fund 6s.........1962 17,000 ♦External sinking fund 6s 1963 127,000 87,000 ♦Chile Mtge Bank of gu a f tH® -1957 ♦Guar s f gold 6*5s—........ 1961 71,000 ♦Guaranteed s f gold 6s .1961 59,000 ♦Guaranteed sinking fund 6S..1962 75,000 76,000 ♦Chilean Munlc Loan 7s —.....1960 22,000 2,299,000 39,000 32,000 84,000 158,000 328,000 103 *| Sale 64*5 Sale 20 20 20 28 30 '28*5 31 41 39*5 39*5 Sale Sale 20*5 Sale 20 8 83*5 Sale 83*5 84*5 83*5 Sale 85*5 Sale 62*5 Sale Sale *5 Sale *5 Sale 20 92 Sale 30 27 97 90 90 Sale Sale 20*5 20*5 20*5 20*5 Sale Sale Sale Sale Sale Sale Sale Sale Sale 20 J D D 17 *5 Sale 17 *5 Sale 17*1 Sale Sale X Sale Sale O 17 M S J 8 A O Sale J-VA Sale 16*5 Sale D M J A 18 *5 '21*5 32 X Sale 32 *£ Sale O 24 MN 27*5 26*5 Sale 26*5 Sale 23*5 24*5 23*5 23*5 F A 23 u J D 100*5 (Republic)— M N F F A J MN on......1951 M 8 Cuba (Rep of) 5s of 1904 .......1944 5s ext debt Ser A of 1914—...1949 4 Ha external loan..........—1949 30-year s f 5H» 1953 ♦Public Works 5H«—June 30 1945 Csechoslovak (Rep of) extl 8s...1951 Sink fd 8s ser B 1952 Denmark 20-yr external gold 6s .1942 External g 5Ha— ...1955 External g 4H* 1962 Deutsche Bank Am part ctfs 4s 1932 M S ♦♦Stamped extd to Sept 11935—— M S Dominican Republic B f 5 Hs 1942 1st ser 5 Ha of 1926 .1940 A O Sale 97*5 Sale 77 79*5 78*5 Sale 96*5 Sale A J 110 118*5 102*5 25 „ 45*5 102*5 103 103*5 34 100; 102 98 102*5 59 Sale 106*5 105*5 Sale 104 Sale 105*5 101*5 101 Sale Sale — 8 Jan. 11 104*5 Mar. 17 110 99*5 Mar. 19 103*5 June 22 98 27 9 31 27 27 28 30 30 26 26 6, 8 Mar. 17 5*5 5*1 2 A O M S 5Hs 1st series.........—.—1969 M S ~4", 606 5H« 2d series...— ..——1969 MS 6,000 6,000 ♦Dresden (City) extl a f 7s ......1945 MN "3", 660 1940 5*5s 2s ser.—...1961 2d series sinking fund 5Hs Customs Adm El Salvador (Rep) 1st af 8s A...1948 ♦Certificates of deposit...... 14,000 12,000 Estonia (Republic) 7s......... .1967 44,000 Finland (Rep of) external 6S....1945 1953 42,000 ♦Frankfort (City of) a f 6Ha 38,000 French Republic 7 Ha stamped..1941 7 H* unstamped .........1941 17,000 External s f 7s stamped..—...1949 8,000 7s unstamped... ...1949 34,000 German Gov't International— 5 Apr. 5 Apr. 5*5 Apr. 9*5 Mar. 9*5 Mar. 1 450,000 127,000 ♦35-year 5Hs stamped........1965 179'000 ♦German Republic 7s stamped..1949 19% 70 Sale" 77 VP* 80 70 79*5 74 68 "*%uly' July ; 2 27*5 July V 2 ♦7s unstamped-............1949 Communal Bka— German Pro? 8k ♦S f 7Hs series B 22 29 29 im Sale VP* 30 24*5 23*5 24*5 100*5 101*5 99*5 Sale 7J* 88 96*5 Sale 33*5 101*5 4 40 Jan. 4 40 A Feb. 6 Feb. 4 2 1 1 19*5 July 1 29*5 July July 1 29*5 July July July 21 23*5 July July July 15 24 7 23*5 July July 2 100*5 July July 1 99*5 July July July 84 July 14 85 July 77*5 July 23 80 97 July 9 95*5 July 26*5 26*5 23*5 23*5 23*5 99*5 97*5 6,000 260,000 19,000 76,000 393,000 394,000 75"""Jufy 28 "76" 76 Feb. Feb. Feb. Sale 110 Sale A O 29 34 Sale Sale" 25*5 28*5 26 29*5 Sale 33*5 34*5 28*5 Sale — J Extl sinking fund 5H* .1965 MN Jugoslavia (State Mtge Bank}— ♦7s Unmatured coupons on...1957 A O 18,000 1,000 ♦Leipzig (City) external iff 7s.1947 F A Lower Austria (Province of)— 7Hs Unmatured coupons on..1950 J D 1,000 1954 J D 72.000 ♦Medellln (Colombia) 6 Ha 45,000 ♦Mexican Irrlg Assenting s f 4 Hs 1943 ♦Mexico(U S) external 5s of 18994 1945 Q J ♦Assenting 6s of 1899.1945 .... 'I'boo ♦Assenting 6s large............... Q J 10,000 ♦Assenting 5s small............... Q J 33 26*5 27*5 _ 99 100 18*5 15*5 25 18*5 106 21*5 100 Sale 21 ! : 1 38 38 31 1 ; 98 18 105 21 ij s 12 Jan. 22 29 29 23 4 105*5 Jan. 2 105*5 Jan. 106*5 June 23 102*5 July 30 101*5 June 23 Sale Apr. Jan. 12 74*5 Jan. 2 82*| Jan. 2 82 8 72 73 Jan. 4 75 June 28 81*5 Mar. 11 July 21 74*5 June 29 19*5 May 11 tiH liiSr. i 21*5 48 120 85*5 Sale 74*5 79*5 67*5 71*5 98 Sale Sale 113 83 27*5 Sale 80*5 24 Sale Sale Sale 98*5 Sale 85 38*5 23*5 97 "1H "188 Sale 42 26 7 29*5 29 33 29*5 July 33*5 July 28 July LOO July 23*5 July 19*5 July L05 July 30*5 July 17 37*5 July 20 July 31 July 30 July 29 22 July 16 12 6 105 *5 July 27 23*5 July 23*5 July 25*5 July 25*5 July 25*5 July 25*5 July 24 Sale 61*5 113 86 82 72*5 If* 63 Sale 80*5 Sale July July July July 92*5 July 77*5 July 85 41*5 Sale 23 28*5 40 26 104*5 100*5 104*5 a98 11 11*5 Sale 11*5 Sale 4*5 5 4*5 4*5 5*5 6 8*5 555 8 6 6 8 9*5 7*5 4*5 5 16 1 7 10 114*5 July 21 88 July " 85*5 July 74 July 62 60*5 July 83*5 W* 71*1 73 93 29*5 July 30 8 113*1 Sale 21 July 99*5 July 87 July 41*5 July 26 July July July 16 8 29*5 Jan. 4 19*5 Apr. 10 6 July 13 June 30 95 11 4 Mar. 4 Feb. 16 July 31 July 30 Mar. 2 June 28 Mar. 10 30*5 Mar. 22 30*5 Mar. 22 30*5 Mar. 22 27*5 Mar. 23 62*5 June 25 1 Mar. 18 115*5 June 4 Mar. 30 93*5 Feb. Feb. 15 94 5 Jan. July 19 82*5 Feb. 23 8 July 17 100*5 June 9 July 20 89*5 June 6 27 13 35* 96*5 Jan. 8 101* 25 17 Mar. 23 15*5 Jan. 8 20*5 105 May 5 107 5 July July 41 4 4 July 7*5 July 9*5 July 32 8 80*5 71*5 92*5 77*5 22 11 28*5 July 21 25*5 June 7 36 June 21 30 June 19 21 Jan. 30 Jan. 13 5 Jan. 5 Jan. 1 Feb. Jan. Jan, Jan. 31 *5 May 24 Jan. 27*5 Jan. Ill 80 6 Mar. 23 June 28 25 Mar. 4 23*5 Jan. 21*5 21*5 21*5 21 *5 47*5 May July 30 124 20*5 Jan. 5 18*2 Jan. 6 25*5 June 7 27*5 Apr. 8 23*5 May 11 33 Feb. 27 130 Mar. 19 June 9 June 22 June 7 July 9 9 a98 12*5 July 28 1 5 July 6 16 July July 26 6 8 Feb. 18 Feb. 18 24 *i 124*4 119*1 July . 28*5 July 21 82 109 105*5 July 105 July 36 22 22 50*5 July Jan. 98 50*5 Feb. Mar. 66*1 100 U 105*5 Mar. 17*5 Mar. 105 July 98 6 2 22* 5 1 6 33*5 July 28*5 July 23 9 Jan. May 35*5 30*5 23*5 36*5 Mar. 12 2 105*5 Jan. 29 102*5 Apr. June 21 100*5 July May 27 105 July Mar. 13 68*5 July May 17 6 Apr. 34*5 105*5 105*5 26*5 26 15 Feb. 11 Feb. 11 Feb. 11 June 17 Feb. 17 Apr. 16 Apr. 16 Jan. 28 July 16 July Feb. 14 6 29 27 23 2 1 21 2 Feb. 15 Jan.; July July 18 July 12 26*5 Mar, 8 13 July July 109*5 July 105*5 July 106*5 July 110 July zl05*5July 105 July 9 73 30*5 6 20 Apr. 30*5 96*5 Apr. 12 101*5 3 93 May 99*5 77 Apr. 12 90 70*5 Apr. 13 80 99 95 May 283 26! 25 21*5 Mar. 25*5 June 24 25*5 June 23 8 20*5 Apr. 7 20 Apr. I 29*5 28*5 23 22 9 Jan. 14 18*5 Mar. 29 _ 28*5 27*5 25*5 101*5 Sale 4 Jan. 30 35^5 Sale" 6 Feb. 55*5 July „ 31 79*5 July 6 Mar. 10 Mar. 3 Mar. 9 Mar. 9 Mar. 9 Mar. 11 Mar. 11 Mar. 8 Mar. 16 Mar. 9' Feb. Jul*8 July 31 67*5 28*5 Sale 26*5 Sale A 4 Feb. 55*5 July 75 25 99 July 5 76 75 64*5 77 24*5 24*5 24*5 24*5 21*5 21*5 21*5 4 12 20 Mar. 31 Mar. 4 25 4 Feb. July 21 July 6 July 7 26 21*5 Sale 20 Sale Italian Public Utility s f g 7s.—.1952 J Japanese Gov extl s f OH*——1954 F 4 Feb. July July m 5 Feb. July July July 104 .1960 F A Italy (Kingdom) external a f 7s. 1951 J D Italian Cred Consortium 7s ser B 1947 M B 20 ..... Irish Free State external 5s For footnotes, see page 80. 75*5 July 77 Sale D 124*5 127*5 105*1 28*5 July 30 30 July 27 Jan. Jan. July 12 July July July 21 July 21 July 21 July 21 July 21 July 21 July 18*5 July i 18*5 July 2 18*5 July : 18*5 July ! 34*5 77*5 107*5 108*5 22 23*5 _ A 11 Jan. 40 120 24*5 Jan. 65*5 June 30 12 43 21 33*5 July 28 34*5 July 2 101 July 104 100*5 July 6 el02 July 102 103 July 103 2 el00*5 July 98*5 July 98*5 101*5 9 105 July 104 102*5 July 104*5 105 1 Sale 68*5 July 59 July 66*5 Sale 14 105*5 July Sale Sale 104 104 July Sale 104 105*5 104 July 13 104*5 July 106*5 105*5 106*5 105*5 July 10 106*5 July Sale 102*5 Sale 100*5 July 14 102*5 July July Sale 100 July 21 101 100*5 Sale 34*5 * D F Mar. Apr. Mar. Mar. 22 40 120 1961 MN 34", 606 ♦Hungary(Klngof)7H sFeb.op .onl 944 Mar. 1 100 O 18.000 Haiti (Rep of) 6a series A........1952 o 6.000 ♦Hamburg (State) 6s...........1946 J 8,000 ♦Heidelberg (City) extl a f 7HS-.1950 o 1960 4,000 Helsingfors (City) ext 6H« Hungarian Cons Municipal Loan J ♦7Hs unmatured coupons on—1945 6,000 J ♦7s unmatured coupons on 1946 5,000 MN 2,000 ♦Hungarian Land M.ge 7Ha A..1961 Apr. Apr. Apr. 5 Feb. 16 Jan.! 5 Jan. 5 Jan. 5 Jan. 15 102*5 June 23 5 102 Jan. 19 24 102*5 Jan. 18 Feb. 26 103 1 21 91 June 30 2 98 Jan. 28 23 84 June 26 June 26 23 85 30 86 June 26 23 88 June 26 1 122._ ♦(Cons Agric Loan) *H® mi A-19S8 J O 22,000 22,000 ♦Greek Govt secured 7s.........1964 M N ♦S f secured 6s —..........1968 F A 127,000 Feb. 3 Jan. 33*5 May 28 ?1 July July 41*5 July 19*5 July 19*5 July 23*5 109*5 123*5 . 4 37 99* 98 23*5 ♦5Hs stpd (Canadian holder)..1965 17,000 Jan. Feb. 27 Mar. 37 July 107 106*5 July 23 July 25*5 110 105 July 98 100 July ♦5Hs unstamped...........1965 Feb. July 27 24. 59* 47* 21*5 Jan. 28*5 July 30 30 July 27 26 66 23" 113 , Feb. June 11 June 11 4 29 29 47 29 47* 19 103* 18 103 24 105*5 Jan. 45 74*5 98 99 J J MS 106*5 Sale 19 23 M N 123 J L> 113 J *5 June 1 June 23 25 8*5 Mar. 22 29*5 July 10 26*5 102*5 July : "6 100 101*5 July •8 100 101*5 July; "7l 99*5 97*5 9l"""Jufy 82*5 91*5 July 83*5 84 July 75*5 75*5 84*5 July 77 85*5 July 87*5 July 78*5 56 64*5 July 91*5 July 81 July 82 July 82 July 83*5 July 60*5 July June 11 25*5 Mar. Mar. 11 111 Jan. 2 110 S-5 Jan. 2 118 % Jan. 6 102 L5 . 24,000 Mar. 19 104 18*5 Mar. 29 108 7 22 6 1 19*5 July 2 >19*5 July 1 20 July Sale 2 19*5 July 1 Sale 16*5 July 7 18*5 16*5 July 1 17 July 18*5 2 Sale 16*5 July 6 17*5 July : II* 15*5 July 23 73 July : 73 69*5 July 29 a24 July 1 a24 July Sale J M N 89 Sale Prices 104*5 Mar. 16 110*5 Jan. 23 12 21 20 4 1 107*5 July 19 104*5 Mar. 17 110*5 Jan, 106*5 July L07*5 Sale 6 Feb. 22 114*J Jan. 1 113*5 July 15 Ill July 113*5 113*5 112 97 Mar. 17 101*1 Jan. 23 1 100 July 19 99*5 100 99*5 July 2 2 96*5 Mar. 17 103*1 Jan. 99 99*5 July 30 Sale July 99*5 Sale 7 98 % June 99*5 July 14 99 98*5 July :":7 99*5 July 141 92 H June 29 94*5 July 29 Sale 1 93 94*5 July 29: Sale July 5 60 50*5 Jan. 60 2 July 17 July 17 61*5 57 July 61*5 Jan. 4 54*5 July 1 51 *5 July 19 Sale 54*5 July 1 48*5 32*5 26*5- 26* 22 104 25*5 110*5 27 Sale 26 M S J 102*5 July July July July July July July July July July July July July July July July July July Sale M N A 107 Sale §IX 38 32 M ♦7s Nov 11936 coupon — Sale 25 J 8,000 ♦Chinese Hukuang Ry 5s—.—1951 1,000 ♦Cologne (Germany) s f *H«-—1950 Colombia (Republic of)— ♦6s April 1 1935 coupon onOct 1961 186,000 ♦6s Jan 1 1935 coupon on.Jan 1961 141,000 1947 5,000 ♦Colombia Mtge Bank 6Ha ♦Sinking fund 7s of 1926..——1946 28,000 1.000 ♦Sinking fund 7s of 1927 1947 168,000 Copenhagen externa) 5s......—1952 Gold 4Hs 1953 166,000 1957 6,000 ♦Cordoba (City) 7s ♦7s stamped ———1957 64,000 1942 44,000 Cordoba (Prov) Argen 7s 34,000 8,000 4,000 38,000 Sale 26 28 109*5 Sale 114 *5 Sale 101 *5 Sale 101X MN J Sale 24*5 Sale 1942 121,000 ♦Chile Republic exts f g 7s A O ♦External sinking fund g 6s ..I960 250.000 F A ♦External s f gold 4s Feb 1961 98,000 Rica "98"" 93 364,000 Canada (Dona) Gold 4«..........I960 M N 30-year gold 5s 159,000 I" VSYtS? F A 134,000 10-year 2Hs Aug 15 1945 191,000 25-year 3H« .... 1961 55,000 7-year 2*5®--———...... —1944 192,000 30-year 3s ....... 1967 1954 5,000 ♦Carlsbad (City) a f 8s M S 26,000 ♦Cent Agrlc Bank (Ger) 7a...... 1950 J J ♦Farm Loan a f 4a ............I960 31,000 A O ♦Farm loan s f 6s ........ I960 75,000 ♦Farm loan 6s series A— 1938 16,000 Costa 100 a27,* Sale O A M 19 107 28*5 July 102*5 101*5 J A Highest Sale Prices ' Sale Prices Sale Prices 29*5 29*5 28 28*5 L01*5 102*5 101*5 July 102*5 Sale 101*5 July LOO *5 101*5 100*1 July 101*5 Sale" LOO *5 101 D A , e M Ask Ask Bid _ J ♦Stamped ♦6 H* 1 Lowest Highest Lowest July 31 Sale 105*5 July 106*5 Sale 106*5 106 107*5 106*5 106*5 105*5 July Sale 101*5 July Sale 102*5 102*5 103 110 July 104 103 104 July 24 26*5 24 22 109 lio"* 109*5 Sale 109*5 July Sale 109*5 109*5 109*5 July 109 117 July 117*5 Sale 119 118 102 101*5 July 101 100 Sale 24 July "24*" 25 22*5 23*5 July 20 23*5 24*5 Sale 45 July 45 45*5 54*5 Sale 39 July Sale 44*5 Sale 39 38*5 July Sale 44*5 Sale W* 39*5 44*1 Sale 39*5 July 39 101*5 July 101*5 Sale 102*5 Sale Sale 101*5 July 101*5 103 101*5 102 July 102*5 101*5 103 J if ■ July 1 Bid 1962 Buenos Aires (City) 6H« B 3.—1955 External s f g 6s aerie*, C-2 Apr 1940 External s f 6s series C-3—Oct 1960 ♦Buenos Alres(Prov)ref.ext'ls 14s 1961 2,000 666,000 141,000 55,000 219,000 46,000 1937 ha. J ♦6s June 1 1935 coupon on 13",600 V STOCK EXCHANGE Government Australia5s of IW5_.__-.July 15 1955 External loan 5s of 1927— 1957 External g 4^# of 1928--1956 Austrian Govt s f 7s——1957 ♦Bavaria (Frea8tata) extl6Ha—1946 Belgium 25 year external 4Ha—1949 External s f 4s JJJJ External s f 7s J95. Bergen (Norway) extl 5s 1960 ♦Berlin (Germany) a f *H« 1950 ♦External sinking fund 4s 1958 ♦Small (U 8 of) external 8s 1941 ♦Ext a f g 6 H* Of 1924 1957 ♦Extl s f 4Ha of 1927 1957 ♦Cent Ry 88-year g 7s 1952 Brisbane (City) s f 5e_ 195/ Sinking fund gold 5s ........-1958 20-year • f 6s.... .... ...——1950 Budapest (City of)— 13,000 69,000 1,000 14,000 RANGE SINCE JAN. PRICES IN JULY Price Jan. 2 Foreign 168,000 60,000 303,000 36,000 24,000 39,000 61,000 : BONDS EXCHANGE-BONDS 27 7*5 Mar. 24 42 June 17 26 July 8 98*5 June 16 17 Jan. 4 8*5 Jan. 7 11*5 Jan. 11*5 Jan. 11 Jan. 8 Feb. 25 6 6 6 N. Y. STOCK EXCHANGE-BONDS AUG., 1937] Sales in BONDS n. 7. stock exchange 168,000 n Sale 6% 7% Absenting 4a of 1944.........1954 •Aiavntlng 4s of 1914 large 8% Sale lamenting 4a of 1914 small •♦ Treat 4a of '13 aasant (largo) 1933 j ♦♦Small ... 48 f extl loan 12% Sale 27 24 Ml 64% 105% A Sale 109 I) 9,000 ♦Nuremberg (City) external 4a.. 1952 A 121,000 Oriental Development 4a........ 1953 8 Municipal Bank ext s f 5s External deb 5 H* 1958 MN 64,000 Oslo (City) 4%a extl sink fund.. 1955 A O 68,000 1953 J D 4,000 Panama (Rep) external 5%a ♦Extl a f 5s sea A 4,000 May 15 1963 M N ♦Stamped (assented)....... \ 88,000 Pernambuco (State of)— ♦78 September coupon off..... 1947 M 62,000 ♦Poland (Rep of) g 4s 101,000 127,000 i 35,000 20,000 1940 Sale 98% 102% Sale ♦7%s July coupon 1966 J off J 71,000 Prague (Greater City) 7H»—— 1952 MN 60,000 ♦Prussia (Free State) ext af *%._ 1951 M S ♦Sf gold 6s 1952 A O .57,000 62,000 Queensland (State of) ext 23,000 5,000 66,000 229,000 59,000 145,000 lay.uoo 44,000 67,000 226,000 25-year extl f 4s a f 7s..1941 A O a Feb 15 1947 F ♦Rhlne-Mnln-Danube deb7a Rio de Janeiro aer A ♦78 June coupon off..........1967 j r> Rome (City) external a f 6KS....1952 AO Roumania (Kingdom of. Monopolies) ♦7s August coupon off ...1959 FA 39,000 65,000 23,000 131,006 66,000 82,000 226.000 ♦6%s May coupon off.........1957 M N of)— ♦♦88 July coupon off.. J ...1936 J San Paulo (State ♦8s July coupon off...........1950 J J ♦7s September coupon off.....1956 M S ♦6s July coupon off...........1968 J J Sec a f U 7s. 1940 A O ..... ♦Saxon State Mtge Inst 7s....... 1945 21% 23 19% Sale 19% 20 Sale Sale Sale 58 74 Sale 54 Sale 29 32 27% 96% 24% 24% 29 Sale 2,000 Serbs Croats 8c Slovenes 51% 64% 47% 27% 26% Sale 30 27% 96% Sale 23% Sale 23% Sale 94 21% ..... 1115* 113% 113 "27" Sale Sale 30% Sale 24% Sale 31% 25% 26 26 32% Sale 26% 26% Sale 22 26 72% Sale 71 25% Sale 37% Sale 22% 30 30 27 24% 38 H% 29% 95 Sale Sale' ; 28 d A F A F A Taiwan Elec Pow 54a..........1971 J External s J 5a......1952 M S f 5%a guar... .1961 A O 10,000 Trondhjem (City) lat ext g 5%a..m7 M N 35,000 ♦Uruguay (Rep) external a f 8a..1946 F A 376,000 ♦Ext a f 6s........... ........1960 M N 130,000 ♦Exter a f 4s 1964 M N f 12,000 4,000 Venetian Prov Mtg Bank 7a..... 1952 A Vienna (City of)— O 68 Unmatured coupons on....1952 M N 40,000 ♦Warsaw (City) external 7a......1958 69,000 Yokohama (City) extl a 33% 29 26% 95% F f 4a.. ...1941 I A O 30 89% 92 * 68 69 69 69 68% Sale « 90 93 77% Sale . ■ , 33,000 3,223,000 I Adriatic Elec Co external 7a.....1952 Ak Ala Gt Sou 1st cons 5s aer A......1943 l First cons 4s series B 1943 J \j ♦Albany Perfrated Wrap Paper 4s 1948 A ( D 84% Sale 104% 106 104% 103% 77% ..... Sale . . . 195(1 1998 78 80 100 Sale" Sale 86 65% Sale Sale \"o 102% 103% 1942 W 8 A O F 1955 M Alpine Montan Steel 7s Amer At Foreign Power deb 5a... 2030 M S 112% 100 161" A 9 Apr. 23 22 ,July July July July July 28 29 26 30 27% June 21 8 14 30 1 30 27 28 29 21 22 Feb. 15 Feb. Feb. 15 15 11 Feb. 11 Feb. 13 Feb. 33% Max. 11 25 Feb. 23 May 25 31 92 Jan. 16 100 Mar. 2 17% Jan. 11 24% Mar. 3 16% Jan. 7 24% Mar. 4 109 14 109 8 July 13 113% Jan. Apr. 10 113 Jan. 21% Mar. 12 32% July 1 26 Apr. 30 34% Jan. 23 22% May 181 33 Feb. 26 29 May 23% May 25 May 25% May 72% Apr. 25% Jan. 25 17 17 18 1 2 40 Jan. 33 Jan. 32] 32] 83] Jan. Jan. 20 21 20 21 Feb. 3 40% July 27 Feb. 15 1 40% July 27 2 12 33% July 30 29% July 30 42 36 % June 44 25 35% Feb. 34% Jan. 25 18 21% Jan. July 30% July 28 % July July 27 37 July 30 32% July 23 29% July 30 25% July 94% July 97, July 30 28% 29% 28% 48 54 31 36 30 Sale 39% A 98 29% July 27% July 48 July 32 July 95 98% 105 105% 104% 106 73% 75 74% 69% 70 77% 77 Sale 76 Sale 100% 101% 101% Sale 71 Sale 71% 74 68% Sale 68% Sale 68% Sale 68% Sale 82 ---.-v.; 85 73% 76 ■ 104% 71% 67 74 100% 69% 67% 68 79% 99 49 84% 2 29% July 10 29% July 8 54 July 31 3,2 July 2 98 July July 26 105% July July 2 July 76% July 10 July 73% July 12 July 79% July 24 July 101% July 10 72 July July 28 July July 28 July 69% July 28 July 12 80 July 12 Sale 45 7 6 6 54 Sale 97 : July 48% July Sale 79 Sale 79 July 1 2 16 99% July 54 July 85% July Sale 97 94% 94% Sale 99% 101% 101% 97% 100 99% 100% 101% 101% 99% 100% Sale 101% 102% 100% 101% 102% 101 ~76" "85% 66 67 Sale ! 104% 95% Sale 75 July July July July July 78 80 July 111% 113% 111% July 108 July 107% 108 63 70 67 July 7 27 27 June 9 25 May 14 35% Mar. 2 34% Jan. 21 2 29% May 14 May 13 24 May 17 Jan. 43% Jan. 28 19 19 Mar. 27 98 Jan. 25 June 29 25 Feb. 91 28 31 7 Jan. 28 25% Jan. 4 31 % Mar. 20 4 30% Mar. 19 24 Jan. 27 40% Mar. 13 54 30 39% Mar. 11 Jan. 12 90% Jan. 101% Mar. 71% July 65 98 106 Feb. July 10 26 June 21 78% June 10 2 73% June 8 80% June Mar. 72% Jan. 99% Mar. 103 Mar. 9 63% May 63% May May & June 78 72 Ju.y 28 70% June 11 70% June 11 83% Apr. 14 92% Jan. 21 39% Mar. 13 77% Jan. 2 99% July 28 Feb. 15 67 89% 58" Sale 96 Sale 82 62 , Sale 93% Sale 108 July 108% 108 100 99% 100% 100% July 100% Sale 98 July 98 97% 98% 96% 13 6 101% 6 101% 84 Jan. 22 99 June July July July 1 102% July 13 102% July 2 85 July 15 112% July 1 108 July 12 66 July 2 69 Jujy 54 86% June 17 108 100% July 101% 77% July 80% Sale 95 July 97 100% 106% July 106% Sale 105% 105% 104% July 6 11. 29 115 Max. 110 Jan. 21 9 5 76 Feb 74 Jan. 25 101 Mar. 107 Jan. 11 95 June Feb. 2 §8* 79 July July 101% 96% 93% 72% 102% 112% 101% 100% Jan. Feb. 2 11 59 June 64 Apr, 93% Jan. Sale 87 Sale Sale 106% Sale 105% Sale 105 Sale 111 Sale 112 Sale 112 112% 104% Sale 99% Sale 98% Sale July 112% 113% 111% July 14 113 103% July 13 104% Ju;y 104% Sale 99% July U 100% July 100 Sale 98% July : 7 100 July 99% Sale 171% Sale 127 130 109 £ 106 103% 105% 107% 108% 103% July 105% July 105% Sale 106% Sale Sale 6 Jan. 23 9 19 100% July 81 96 106 57% June 93% July 107% Mar. 88* May 97 May 109 ..... 21 6 109% Apr. 105% Jan. 103% Jan. 102% July 99% Feb. 98% June 100 Apr. 101 July 78 July 110% June 105% May July July July July July July 31 110 v July 2 100% July 17 99% July D 1953 J American IG Chemical 5 Ml a 1946 M N J Amer Internet Corp conv f Hla.. 1949 J 94 21 , 100% 78% Sale 93% 21 67 July 103% July 31 105 1 Sale 95% July 86% 86% July 30 92% 79 2 92 July 87% 58 1 Sale July 72% 95 93% July 10 96% 75 103% Sale Sale" 1 100 S ... American Ices f deb 5s June 19% Mar. 23 Sale 28 47 108 104% D ♦Collateral Ac convertible 5s...1950 A U ... 104% June 25 107 22 28 109% 75 Collateral and convertible 5s ..1946 J r 80 114 109 6s with warrants assented.... 1948 15,000 Allied Stores Corp deb AH* 1950 143,000 AH* debentures..............1951 2,000 687,000 34,000 342,000 132,000 D Albany fltSuaq 1st guar 3 %■_ 1946 AO Allegheny Corp coll tr conv As..1944 F A ♦5s stamped 85 79% June 11 102% July 28 W:<Wj 21,000 Allegh At West 1st ggu 4a..... 31,000 Alleg Valley gen gu 4s Mar. 75% Jan. 71% Jan. 97% Apr. Mar. 11 Mar. 2 July 29 29% July 27 COMPANIES. ♦^♦Abitlbl Pow Ac Paper 1st 5s...1953 94,000 Adams Express coll tr g 4s. .....1948 M 6 135,000 Collateral trust 4s of 1907.....1947 J D 69,000 F A 10-year deb A%$ 1946 72,000 F A AH* stamped ......1946 17,000 25,000 7,000 10,000 7,000 24,000 308,000 212,000 10 99% July 17 103% Apr. 30 25% July 12 110% July 111% July 32% July RAILROAD AND INDUSTRIAL 207,000 June 45% May 11 22 97 Sale May 27 103 22 22 Jan. 105 47 60 74 54 38 97 107% Jan. 109 37% July 44 36 104% 104% 73% Sale 72% 74 72% Sale 100% 101% 48 Sale Sale Jan. July 31 July 31 July 28 31% 29% 99% 24% 24% 29% Sale 27 20 2 5 64 58 July July July July July 26 ..... 105 28 27% 25% 94% 23% 23% 27% July 25 July 37 15 105% Jan. 19 22 22 30 28% 28% Sale Jan. Mar. Mar. Mar. Apr. Apr. Apr. Apr. Mar. Jan. 34% July 28 July 29% July 29% July 75 July Sale 20 30% Feb. 27 July July July July 32 25 20 July 30 July 39% Sale Jan. 74 Apr. May June June 25% 25% 26% 72% 75 Feb. 33 22% 19% 17% 17% 31 Sale 34 July 30 22% July 13 20% July 22 20% July 22 28 34 29 6 3 Jan. 28% Sale Sale Jan. Feb. 8 7 7 8 85 34 27% Sale 26% 29% 13 82 ■ 76 27% July 25% July 22 95 89% 34 17 32% 25% 26% 25% Sale 53% 55 73 Sale 28 33 May May May Mar. 24% 65% 60% 101% 101% 104% 21 Jan. 27 6 July July July July July July July 40% 40 28% ♦Silesia (Prov) extl sink fund 7a.l958 j ♦SUeslan Landowners Aaan 4s 1947 F Tokyo City loan of 1912 ' 24% 25 22 29% Sale 25% 38 35 28 99 73 73 26 Sale" Sale 25 9 9% Jan. 9% Jan. 9 Jan.; 13% Jan. 68 July 60% July 23% 20% 18% 18% 51% 64% 47% 109% 110% 109% 110% 109 July 109% 111% 111% Sale 109% July 32% 36% 32% July 32% Sale 28% 25% D Styria (Province of)— 185,000 27% 26% 99 22 I, (Kingdom)— ♦89 Nov 1 1935 coupons on.. ..1'62 ♦7s Nov 1 1935 coupon on.....1962 5,000 7a February coupon off.......1946 56,000 Sydney (City) a f g 5tta........l95S 7o,000 4,000 19 Sale ..... 57,000 81,000 104,000 19% Sale 20% Sale .27% Sale July 2 July 20 July 20 Mar. 30 102% 28 June 29 4% 7% 7% 70% 26 21% Sale Sale 1 5 17 20 Sale 5% June 28 5% July 6 105% 101 % 99% 95% Sale 74% D Dec 1946 J ♦SFg6%a._. J 12 12 7 31 23 23% Sale 7 85 69 73% ♦Saarbruecken (City) ( f 4«.....1953 t J Sao Paulo (City of)— ♦8s May coupon off. ..........1952 MN 26 60% "24% 82%. 26% Sale" ♦6s June coupon off ........1968 ♦7s May coupon off........... 1966 MN 23 21 20 106% 106% July 21 106% July 28 66% 71% 75% 68 July 27 70 July 13 62% Sale Sale 60% July 6 64 July 14 28 Rio Grande do Sul (State of)— ♦88 April coupon off .......1946 July July 63% July Sale 103 July 104 102% July 106% 105% July Sale 107% 105% July 104 Sale 103% July 102% Sale 101% July 99% Sale 98 July 102% 102% July 24% July W* "26" 79 Sale 76% July 74% Sale 72% July 101% Sale 100% July 105% (City of)— .....1946 ♦6%s August coupon off..,...1953 72 105% 106 A1950 M S ♦8s April coupon off 30% July 30 July 74 July 64 July 103% July 104% July 106% July 107% July 104% July 102% July 99% July 103 July 25% July 83 July 77% July el02%July 27 Sale Sale 21 Sale 59% Sale D 32% Sale Jiily" 7 July 8 July 7 July 12 July 14 July 21 76% 100% 76 % 1961 J 4% Sale V 10% 5 102% Sale 18% 24% 76% 78 72% 75 99 90% 60 ......... Porto Alegre (City of)— ♦8s June coupon off....... Sale 102 23 20 % ♦Stabills loan 7s of *27. Oct 15 1947 s f 8s 1950 ♦External Sale Prices 26% July Sale 25% Sale D Sale Prices 29% 5% 5% Sale 30 74 63% Sale" 60 102% 103% 103% 101 103% 103% 106% 106% 27% Sale S ...... Sale Prices 71% Sale 105% 103% 8 1959 M 32,000 ♦Peru (Rep) Sec a f g 7a.. ♦National loan ext a f 4a...... 1960 J 423,000 ♦National loan ext a f 4s...... 1961 225,000 Sale Prices Sale 103% O Highest Sale" "7% "9% 71 8 5 Lowest 5% July 16 "6 6 July 29 6 4% July 2 7% July 20 9% 8% .7% July 20 70% July 2 72% 26% 27 65% 60 % Ask Highest 26% 72 A 1970 84,000 "4% ' 5 Sale 70% A s 1 Lowest 71% "ir% "i2H 0 1963 6,000 Ask Bid Bid ♦ External s f g 5s 18,000 1958 88,000 Norway 20-year oxt s f 6a.Aug 15 1943 20-vear external a f 4a. Aug 15 1944 47,000 Extl sinking fund 4% a 58,000 1956 External sink fund 4>is.......l965 190,000 ' 7 ♦ j 24,000 58,000 122,000 Milan City (Italy) oxt loan 6%«.>1952 AC Vfinas Geraes (State of, Brazil)— 55,000 ♦6%s September coupon off 1958 M f65,000 ♦6%s September coupon off 1959 M S 20,000 ♦Montevideo (City) 7a 1952 J D ♦6a series A 12,000 ........1959 MN 44,000 Now South Wales oxt a f g 5s._. 1957 F A 378,000 Ask Bid 1954 J July 31 July 1 1937 Nft. FOREIGN GOV T (Cdatlmded) 47,000 18,000 RANGE SINCE JAN. Jan. 2 Mexico (Continued) *U of 1904 p PRICES IN JULY Price July Value 21 July 9 Jan. Jan. Jan. 22 25 27 Feb. 9 75 80% July 27 97 July 9i 107 July 2 106 July 8 100% June 18 June 14 87% Jan. 18 87 1 Jan. 2 97 Mar. 19 105% May 17 109% Max. 1 103% June 30 106% Jan. 29 Amer Tel Ac Tel— 354,000 292,000 725,000 625,000 1943 MN 24-year sinking fund 5 Us J Convertible debentures 4%a.. 1939 J 1961 3H* debentures..... 3H* debentures.. 25,000 ♦Am Type Found s. 1966 f. debs 2H«5s. 1950 Sale 125 July 23 111% 103% 96% 96% 120 Feb. July Apr. Apr. Feb. 3 7 107% July 103 23 1 106% July Apr. 29 110% Jan. 104% Mar. 23 107 1 145 July 24 23 26 22 mapv-ts 3 114 Jan. 7 13 113 8 102% Jan. 4 2 102% Jan. 4 June 28 200 Amer Water Works At Elec Debenture gold 6s nerles A. 40,000 278,000 Anaconda Cop Mln a f deb4%a . I; ley* MN .. 1950 A O 110% Sale Jan. 11 AngloChllean Nitrate— 92,000 ♦Sinking fund income deb.... 1967 Julv 1995 90,000 tAnn Arbor 1st g 4s. 6,000 Ark 6 Memo Bdge At Term tst 5s DM 494,000 Armour & Co 4s s f ser B (Del)... 1955 1st M s f 4s ser C (Del).. 1957 276,000 95,000 IT Armstrong Cork deb 4s......... 1954 36% Sale 71 72% 104% 99% Sale ..... ... For footnotes, sea page 30. 166% 107% 32 34 57 63 101 104 97% Sale 96% Sale 103% Sale 36% 37 33 July July 63 v 70 July 102% 102 97% July 96 July July 102.31 103.7 103 98% Sale 97% Sale 37% July 72% July 102 July 98% July 98% July 103% July 31 60 101 June 19 42% Mar. 11 June 18 74 Mar. ] June 24 105 Jan. 27 94% Mar. 17 100% Jan. 29 95 Mar. 17 99% Mar. 5 Jan. 20 Apr. 6 108 103 22 Sales in July Value 339,090 13,000 100,000 W 12,000 24,000 1,000 201,000 H. , 7,000 19,000 35,000 '-••• • . io~66o i-'V' ,V vi-''v-''-: • 17,000 391,000 180,000 207,000 160,000 34,000 31,000 j 65,000 31,000 ilillS' ■ <&0i ■:Wr€W&:-. N. T. STOCK EXCHANGE—BONDS Top & S F ten g 4c........1995 AO Adjustment 4 4a.......Jnly 1 1995 Nov Stamped 4s..........July I 1995 MN Atch Convges of 1999—..... ...1955 Gone g 4a of 1905.............1955 Gone g4sof 1910....I960 Gone dab gold 4Hs..._.......1948 Rocky Mt dlv 1st 4s A.1945 Trans-Gont Short Lino 1st 4c gl958 CaKAriz 1st 4tref4He cor A ...1942 A tl Knox ft No 1st g 5c 1944 Atl ft Char Air Lino let 434* A..1944 let 30-year 5s serB..... ...1944 vr. • i- v •' /. • . J D J D J Sale D D J J J J J 11334 M 8 114 311,000 467,000 D i J 107 J 112 'E* 102 104 Bait ft Ohio 1st g 4s........July 1948 AO J Sale Sale Sale D 104 Sale 98 Sale Sale Sale 9*656 3,000 29.000 Sale" 115 Battle Creek ft Sturgls gu 3a. ...1989 Beech Creek Eiten 1st g 3Ha.. .1951 Bell Telephone of Pa 1st 5s B....1948 7734 12034 First ft ref 5s series G ........1940 Belvldere Del cons gtd g 334s .1943 Sale 'Berlin "2334 City Electric deb 6 >48 ♦Deb sinking fund *>*■ •Debenture 4s.. ; 11434 Sale - 49 48 103 10534 103 46 78 Sale Sale Sale Sale Sale 11334 Sale 10734 Sale 111 "70*" Sale .........1955 2134 a* JUly July 5234 July 10634 July 69 107 10434 • July .0931 104 .02 8754 .0154 88 83* 75 6554 74 ifiS 24 Sale ; "25"" "July'"7 2734 2934 2434 2434 27 25 30 24 July .13 July 1 June 28 June 17 June 29 June 29 July 30 June 29 Apr. 23 July 2 Mar. 15 June 29 June 29 June 29 2734 July "22 2534 July 17 26 July 30 2 5 5 Feb. 6 Jan. 29 Jan. 9 Jan. Feb. _ July 28 July 21 Mar. 1 Feb. 9 Feb. 9 Jan. 8 Jan. 8 Jan. 18 Jan. 20 Jan. 7 Jan. 9 Jan. 7 Feb. 2 Jan. Mar. Jan. Jan. Mar. Jan. Feb. 22 8 20 18 5 25 16 10 18 25 2 21 23 Feb. 15 9 Jan. Mar. 23 Jan. 20 2 1153* Apr. 20"" Mar." 13 *2734 1834 Jan. 12 185* Mar. 16 July *22 2534 July 17 26 July 30 Berlin Elec Elev ft Undgrd Bye— ♦1st 634s ...1954 ....... Big Sandy Ry 1st mtge 4s 219,000 65,000 'v:-; v.';\ . i = Boston ft Maine 1st 5s ser AC... 1947 M S 60,000 39,000 111,000 27,000 >20,000 181,000 401,000 1st g 4fc« series JJ ....1941 A O t'Bostonft NY Air Line 1st gu 4sl955 A ♦t♦Botany Cons Mills sec s f 43**1934 A O ♦Certificates of deposit........... A O J Brooklyn City RR 1st 5s V-. ....1941 1st mortgage 5s 1955 M N series II.. 10134 112 1944 10734 8334 Sale 87 8534 81, •■v:' 262,000 107,000 10,000 148,000 129,000 32,000 4,000 Brooklyn Union 811st 5s ...1950 F A Brooklyn Union Gas Go 1st g 5s.l945 M N 1st lien ft ref 6s Debentures ser 1947 M N A gold,5s ..........195S J D 1st lien ft ref 5s series B.......1957 MN a f deb 33*8—1950 F A Brown Shoe Brunaw ft Western 1st gu g 4s... 1938 J J 16,000 Buffalo Gen Elec 43*8 ser B._ 1981 F A 10,000 Buff Roch ft Pitts gen 5s 1937 M S 210,000 Consol 434s ..........1957 M N 7,000 10,000 5,000 40,000 60,000 4,000 44,000 125,000! 10,000 93,000 45,000 52,000 7,000 19,000 81,000 44,000 37,000 691,000 122,000 20,000 115,000 233,000 3,000 19,000 34,000 14,000 12,000 *{♦ Burl Ged Rap ft Nor 1st 5s 1934 A O ♦Certificates of deposit......... {♦Bush Terminal Co 1st 4a..... 1952 AO 'Consol 5s 1955 J {♦Bush Term Bldgs 1st 5s gu J 1960 A O Cat Gas At El Corp unlf ft ref 5s.. 1937 MN Calif Packing con? deb 5s......1940 J J Camaguey Sugar Co— Canada Sou con gu 5s ser Canadian Nat gold 434s.........1957 Guaranteed gold 5s. July 1969 Guaranteed g 5s ..Oct 1969 Guaranteed g5s 1970 Guar gold 434s Guar g 434s... 9334 June 15 1955 Collateral trust g 5s.... Collateral trust 43*s. 1954 D ..I960 J {♦Carolina Central 1st gu g 4s.. 1949 J CaroClinch ft Ohio 1st 5s. con D 1938 g 6s series A.Dec 15 1952 J D Carriers & Gen Corp deb 5s w w.1950 MN Carthage ft Adir 1st gu g 4a 1981 J D 12,000 ♦Cent Br Un Pac 1st g 4s.. 1948 J D 3,000 {♦Cent of Ga Ry 1st g 5s...Nov. 1945 F A 113,000 ♦Consolgold5s.... 1945 MN 16,000 69,000 3,000 ♦Ref ft gen 534s series B_. 1959 A ♦Ref ft gen 5s series C ..1959 ♦Chat Dlv pur money g 4a....1951 73,000 246,000 184,000 Cent 111 Elec ft Gas 1st 5s.. Central Illinois Light 334s 2,000 2,000 Sale 2934 88 Sale 63 6134 10334 10534 10434 10434 1949 . 1954 A O 1960 F A Ss.1937 M V <Jhea ol Ohio 1st cons g ....1992 M . May Sale 8634 Sale 99 2334 7434 10134 8834 Sale 10234 11234 11434 115 11334 92 90 9434 10334 Sale 10534 106 10634 Sale 10134 Sale Sale Sale 115 9434 106 11031 100 10034 8234 Sale "so"" 18 1934 1534 20 1534 1634 9034 8834 5834 6434 59 64 6334 6534 10134 10534 104 10434 10334 116 Sale Sale 103 Sale 104 Sale 115 109 105 Sale Sale 113 115 Sale Sale 7134 10534 11034 111 105 106 37 38 38 82 2434 Sale 25 3434 2534 Sale* 23 1934 Sale 173 10 85 15 J 17 17 Sale 32 32 \i* 20 23 July 2554 July 1734 July 1434 July 27 July 160 100 11234 10834 48 Sale 10934 Sale 10834 104 Sale 102 104 9534 Sale 49 47 45 Sale" 93 12334 125^" 122 84 8034 Sale 106 10634 10634 107 10634 11934 Sale 12134 9734 Sale w* 98 9734 Sale 106 June 30 iZ July July July July 27 93 124 Sale 107 6 8 Mar. 1834 June 30 July 28 975* Apr. 2 8434 June 23 Jan. 4 Jan. Jan. 16 6 11534 Jan. 111 June 28 12234 Jan. 113 July 90 103 26 23* Jan. June 29 106 June 28 109 10334 Apr. 10154 Feb. 10834 Apr. 100 July 8034 June July July 1?* 4 18 Jan. June 14 July 8 2 Jan. Feb. 23 Mar. 11 Feb. 16 Mar. 4 74 98 Jan. Mar. 7734 July 28 7934 July 30 7354 July 28 20 July 2 18 Jan. Jan. 2 20 2 22 6 Jan. 5 9 10634 July 26 Feb. 10 8 102 13 11054 July 27 12 lOP'azMar. 9 29 7 29 93 Feb. 32 Feb. 31 89 83 Mar. 4 19 6 Jan. 13 May 18 Jan. 20 5834 July 16 58 i May 19 7334 Feb 6 1005* July 28 1033* Jan. 103 Apr. 1 .0554 May 19 20 Jan. Jan. June 112 Apr. 10934 Mar. 113 Jan. Jan. Jan. Mar. 11454 Mar. 11454 1125* 1103* 11034 12034 8934 Mar. Jan. Apr. Jan. Jan. 110 106 Mar. Mar. Mar. Mar. Mar, 10234 Jan. 9934 703* 103 1083* June Mar. 82 July 25 18 July 1734 July 2934 July 27 105 k lift July 31 Jan. 11 Jan. 18 Jan. 93 mFeb. li* 8 7 11 Feb. 3 Jan. 2 Mar 8 Jan. 13 Jan. July 16 2 5 9 Jan. July June 14 5 13 11 June July Apr. 100 July 80 July 2754 July Jan. Jan. 12 29 6 12 May 24 Mar. 6 June June Mar. 8 Mar. 8 Feb. 25 July July 22 13 22 9534 8934 8934 12234 8034 10534 10734 10634 122 11954 July July July July July July July July July July July July July July July July July July July Sale 97 Sale 9754 July 106 10334 III"" 108 116 k 108'" July' 11034 11734 11434 11734 11134 July 109 34 112 111 11234 10934 July 10734 10834 160 103 July July 10634 July 10234 July July 70 July 54 July 4634 July 11054 July 104 July July 92 July 92 July 124 July 84 July 1C>634 July 10734 July 122 July 98 July 98 July Jan. Jan. Jan. 1403* June 96 June Jan. Jan. 30 10634 106 10034 Sale 102 10234 10034 100 , 101 10434 10434 10334 6934 69 6934 9534 Sale 91 8834 9 9 29 13 13 20 9 22 June 25 24 Sale Sale 95 July July July July July July July July - 160 50"" July 32 "50"" 11134 J Sale" Sale Sale 10434 8 1940 4 1946 J 2434 July July July July July July July 2434 July 117 July 11234 July 11654 July 11834 July 118 July 11534 July 11334 July 11354 July 125 July 9534 July 10454 July 11454 July 107" July 103 July 73 July ;; July 105 12534 Sale" 93 34 82 / 27 [2934 2334 1934 7 60 103 ioi"" 106" ' 10834 10934 104 92 12"" 10134 July 9034 July 111 July 11034 July 100 July 80 19 11" July Sale 101 Sale 10834 104 2534 100 11534 A 10534 104: 96 106 J 1996 F 9034 6034 Sale Ti 30 180 J 8 20 27 2134 2934 2634 . 11034 10034 8134 1934 84 Sale July July July July ft* July 10334 103 10034 '80"" 9134 Sale iM 98 July 10334 11234 July 11454 113 113 July 903* July 9434 106 0334 July 10234 July 10634 10154 10154 July 110 July 11054 100 July 10034 85 8034 July 18 1634 July 17 July 1734 8834 July 62 5834 July 65 July 10054 July 28 10034 104 July 910434 2134 July 115 July 112 July 11634 11534 July 11834 117 34 July Sale 11734 July Sale 11534 July 11334 11334 July 11334 11234 July 12534 12334 July Sale 93 34 July 104 10434 10354 July Sale 114 11334 July 106 10634 Sale July 10234 July 10334 Sale 68 7134 7034 July 10634 Sale 10234 Sale 78 7234 103 10334 103 11034 11134 111 100 I2H ff i July 87 111 110 7734 July 82 7934 July Sale 7354 July 2434 20 July Sale 1934 July Sale 20 July Sale 74 July Sale 10034 July Sale 85 July 5934 89 Sale U634 11534 12734 9834 Sale 10734 Sale 108 k Sale 127 12834 10234 Sale 10234 Sale 11034 11134—— 11834 1996 MN Potts Greek Br 1st 4s R ft A Dlv 1st con g 4s........ 1989 J 2d con gold 4s........ ..1989 J Warm Springs Valley 1st g 5s .1941 M For footnotes, see page 30. 10634 24 MN 5s.......1939 MN 1 Ref ft impt mtge 334s ser D Ref & impt mtge 334* *er E 8434 24 $ 20 Mar. 12 25 1 105 July 29 100J4 June 26 106] 2 9634 July 22 9254 Apr. 9 99 107 Mar 31 112 . 77 2134 Sale | 2334 11534 11734 11234 Sale i 112 34 11534 11534 11534 11734 1173*1118 11734 118 |118 11534 11534 11534 11334 Sale 11334 11234 11234 11334 12334 Sale 1243-4 9434 Sale 9434 75 112 Champion Pap & Fibre deb 4 lis. 1950 M S *75*" 86 Central Steel 1st sink fund 8S...1941 MN Certain-teed Prod a f g 534s A .1948 M B 434s 27 2434 Sale "6334 "64*" 1987 May 1 1942.... Craig Valley 1st g 5s. *2*666 1951 P A General 4s. ..... Cent Pac 1st ref gu g 4s Through St L 1st gu g 4s Guar 5s. ♦♦Can RR ft Bkg of Ga col tr General gold l03*' *96"" 26 1966 {♦Central New Eng 1st guar 4s..1961 Central of N J gen g 5s.........1987 ♦5s extended to 169*" O ♦Macon ft Nor Dlv 1st g 5s. .1946 ♦Middle Ga ft Atl Dlv pur m 5s. 1947 ♦Mobile Dlv 1st 0 5s 194* 1,000 Central Foundry 1st mtge 6s 1941 M S General mtge 5s 19,000 1941 M S 10,000 Cent Hudson G & E 1st ft ref 334 s *65 M 8 187,000 51,000 37,000 167,000 10,000 118,000 3,000 194,000 8,000 23,000 16,000 126,000 51,000 60,000 11334 12234 Sale 13134 10534 Sale" 10834 109 106 10634 10334 12034 Sale 121 120 118 11834 Canadian Pac 4% deb stock........ J J Collateral trust gold 4>*s 1946 M S 5s equip trust ctfs J .......1944 J 1st ft Sale 11814 11834 1956 Guar g 434s ...1951 M s Canadian Northern guar 634* J 1946 J II* 1934 3534 Sale 11834 11934 11534 Sale 1942 A.....1962 8034 Sale 76 20 'J ♦1st 7s ctfs of deposit 7634 23 Sale 10134 July 9454 July 105 Sale Sale Sale Sale Sale 81 ... ;:>■& 79 Sale" Sale Sale Bklyn Oueena Co ft Sub gto o%_.1941 MN 1st 5s stamped J 1941 J ■ 95 Sale Bklyn Edison cons mtge 33*8..1966 MN Bklyn Manhattan Transit 4 H*—1966 MN 33 Sale 9634 Sale 10834 24 2134 23 10534 Sale 9934 Sale 413,000 Bethlehem Steel 4 J*« series D 1960 360,000 Cons mtge 3H» series E.......1966 Jan. 102 Apr. 9934 Apr. Jan. 21 Feb. 2 Jan. 14 Mar. Jan. 10034 Mar. 63 48 45 95 88 June Mar. 10 Mar. July June 743* June 1053* May 10654 Apr. H634 Mar. 95 Mar. 953* Mar. 1103* Jan. 108 July 29 108 July 11434 July 22 108 Apr. 111 July 19 1093* July108 12 Jan. 8934 July 122 8 28 Mar. 8 Jan. 11 Jan. 20 Jan. 6 Jan. 5 Jan. 8 Jan. June July 10634 Apr. 101 Apr. 2 Feb. 11 Jan. 5 Jan. 7 4 12834 Jan. 4 17102 H Jan, A 18 10234 Jan. Jan. 20 27 111 29 11134 Jan. 18 6 1203* Jan. 19 Jan. 29 8 115 Mar. 30 108 IBS' Jan. 12 Jan, Jan.. Jan. Jan. 10734 Jan. Jan. Apr. 3 Apr. 17 .0934 July 8 7254 June 23 02 July 17 L20 Jan. Jan. Jan. 10634 Mar. 22 1065* Mar. 26 10834 Jan. 4 V 11 03 72 104 27 Mar. 22 112 Mar. 23 112 May 8 10934 Apr. 28 110 July 1 108 Apr. 29 111 May 28 107 Feb. 24 114 Mar. 1 1133* 1185* Mar. 1 1185* 108 Apr. 9 11134 110 May 17 116 99 Apr. 7 8734 June 30 90 Apr. 28 10234 Mar. 24 46 June 30 42 Apr. 20 73 July 7 8334 31 June 17 8534 10534 Apr. 1 1073* "il 102 July 17 102 l02** July 17 July 22 120 July 12 11834 Sale" 11834 11934 118 12434 July 2 12654 July 28 12434 12634 12634, "29"" 162 743* July July July 10454 July July July 73 July July July 109, July 113 July Sale Prices 10654 Apr. 26 116 0354 l0*m July 102 2434 2434 „ 103 10434 July 76 July 10934 July 10934 110 Sale 8934 July 8934 Sale 10234 July 104 10134 10234 10134 July 91 89 8834 July Sale 75 July 75 Sale 67 6634 July 76 July mm Sale 11234 113 W 11234 July 10734 July 10834 10934 July 11234 Sale Sale 7134 102 1951 ...1959 Jujiy 44 73 7 28 23 26 21 27 14 20 8 July 28 July 21 Highest Sale Prices 105 76 Sale Sale July July July July 96 July 10434 July July July 76 July 104 93 10434 Sale Sale 10934 July 110 113 11234 July 10234 July 88 July 9034 Sale 9534 9234 July 95 10334 July 10434 105 Sale 10234 mi u 101K 8834 7734 6934 1 17 106 July 28 2 114 July 28 7 11334 July 21 109 54 "July ilo"" 10734 112., 113 Sale' 10334 104 Sale nsVi July July 11334 11234 July 4734 Sale 7334 74 6934 107 10634 106 106 1941 .. " ; Sale deb 4J*« '39 . "4",000 .....105 .74 lit Sale Atl Gulf ft WISS Line coll tr 5s. 1959 193,000 AO 325,000 J D 230,000 MN 257,000 J J 15,000 Tol Cln Dlv 1st ft ref 4s ser A..1959 J J 277,000 Refunding 5s series D. 2000 M 8 774,000 ConrgoHs.. 1940 y a 237,000 Ref ft gen 5s series F..........1996 M 8 12,000 Bangor ft Aroostook RR 1st g 5s *43 J 60,000 Con refmtg gold 4s 1951 J 79,000 4s stamped...................1951 105,000 23,000 113 Sale 46 44 , 11334 I14,, 112 Sale 10434 10-yr coll tr 5s.........May 1 1945 M N .....1948 J J Second 4s....................1948 ....1995 IstgoldSs.......... ....July 1948 Ref and gen 4s,series G. .....1995 P L E ft W Va Sys ref g 4s. 1941 SoutbwDlvlstJHs at 5% ..1950 10834 10934 10834 July 106 Sale . 1IIS1SS® Ask Bid 10834 Sale 10534 11134 11234 Sale 11434 J Atlantic ft Danville 1st g 4s Refund ft gen 5saer A.. Lowest Ask Sale Prices Sale Prices Sale 10934 July 9 112 July 23 Sale 110 I11,, 110434 July 14 10534 July 17 10334 10534 10434 105 Sale 1043i July 1 106 July 22 10434 Sale 105 1 108 10734 July July 21 10734 Sale 106 6 108 10734 107H July July 21 106 10734 10834 1 10434 July 10634 10434 July 10434 Sale 104 J General unified 4J4S series A..1944 J D L ft N collet gold 4s. Oct.. 1952 MN ft NW 1st g 8s guar Highest ■ Atl Coast L let cons 4c.....July 1952 M S con? Lowest July 31 July 1 I Baldwin Locom Works 1st s f 5S.1940 MN 5s assented...... ...........1940 t. '-.i, 1937 Nft. Ask Bid Auburn Automobile RANGE SINCE JAN. I Jan. 2 N. 7. STOCK EXCHANGE 25,000 Austin • PRICES IN JULY Price BONDS Mar. 30 B ; - V'V.!''!.' -V, ■ Sales in n. 7. stock exchange :K «' • : '-v ' $ 16.000 94,000 66,000 195,000 93,000 43,000 2.000 264,000 118,000 5,000 207,000 . 1937 1*** A O J J 1*49 Chic A Alt RR reft 3a Chic Burl * O III Dhr !»• 1*4* J Illinois Division 4a General 4a. ..............1*#S M cons A 4s. .. ...1*54 8 A O MM (♦Chic At B 111 Ry (new co) A 5s ..1951 ♦Certificates of deposit.......... Chic At Brie 1st Aold 5s... .......1*83 M N M S (♦Chic Gt Western 1st 5t-yr 4s.. .195* ffffff w J lat 4k ref 4H« series B....,....I*77 F A 1st Ac ref 5s series A.. ........1*71 FA ♦(♦Chic Ac B III 1st 2,000 (♦Chic Indlanap Ac Loulsv rf A 4sl*47 1,000 ♦Refunding Aold 5s ser B 1947 y 4,000 ♦Refunding 4s series C. .......1*47 ♦1st At Aeneral 5s series A......1944 87,000 10,000 ♦1st At Aon 4s series B May 1*44 21,000 Chic Indiana At Sou 54-yr 4s ...1*54 Chic LSA Bast 1st 4 Ms 1*4* 8i"666 ♦Chic Mil At St P Aen A 4s ser A..198* ♦Gen A 354s series B....May 11*89 3,000 ♦Gen 454s series G 59,000 ..May 1198* ♦Gen A 4Hs serifs B 1,000 May 11*8* ♦Gen 4Kb series F......May 11*89 1,446",600 {♦Chic Mil St PAt Pas mtAs5s serA 1*75 ♦Con* adj 5s.. 1,551,000 Jant 3*8* 72,000 (♦Chic & No West Aen 354* .1*87 ♦General 4s....... 51,000 1*87 15,000 ♦Stpd non payt Fed Inc tax. 1987 ♦Stpd Aen 4Ks non-pay Inc tasl*87 59"000 ♦Gen 5s stpd non pay Inc tax. 1*87 ♦General 4 Vis stamped........ 1*87 10,000 55,000 ♦♦19-year secured 4)48.. .....1*34 ♦1st At ref A 5a 78,000 May 3037 ♦1st At ref 444s stamped..May 3037 133,000 ♦1 at At ref 4 Hs ser G. 134,000 ...May 3037 467,000 ♦Con* 414s series A*. .1949 J J MM J J J J 11254 Sale J J J F A MN MN MN MN 111k Sale 111 Sale ■. 118Vi 117 --— 99 105 37 54 Sale „ 10154 32 Sale Sale' 32 Vi 30V4 Sale 118., 44 42 Vi Sale 41 38 22 Vi Sale 22 06 vf 23 Vi ...— 68 69 67 70 33 Vi Sale 10 Vi Sale 45 54 46 49 Sale 49 Vi Sale 48 50Vi MN 51 Vi mn MS 56 Vi 35 33 Vi 3854 Sale Sale" July 11854 July 38 o July 30 31 10 30 20 Sale 12 1154 16 103 10354 111 54 "50" 48 30 28 Vi 29 Vi July 27 Vi July 2654 50 i J D f D J D MN Sale Sale Sale "49V4 Sale 17 V4 Sale 34 9 46 5954 2254 754 Sale 32 Vi Sale 34 Vi Sale 31 34 54 38 30 Vi 39 36 Vi 5iJuly' "I 24 Vi 22 33 Vi 32 Vi July Sale 7Vi Sale 3554 36 "6 July 31 50 Vi July 29 52 Vi July 20 5554 52V4 60 Vi 754 July 1 1 39 34 Vi July 1 34 38 3554 July 2 30 Vi 38 Vi 41 38 Vi 37 39 26 M July 854 3554 38 Vi 36 Vi "20 July 8 July July 20 July 2 47 119 124 67 1854 Sale 65 Vi 3154 3154 1654 Sale 1454 July 8 6 13 Jan. 18 8 43 Jan. 7 3954 Feb. 23 2654 Feb. 20 2654 Jan. 8 0754 Jan. 22 1154 Jan. 25 June June July Apr. Apr. June 46 July July July Apr. June 654 June 32 Vi July 505 525 64 21 Vi 66 Mar. 10 5754 Feb. 26 6954 Jan. 28 6954 Jan. 22 Mar. 23 Jan. 8 Mar. 8 Jan. 11 Jan. 34 34 11 Feb. 15 Jan. 1254 June 25 30 Jan. 10154 Apr. 16 4654 Mar. 8 4554 Mar. 5 July 7 44 V4 July 8 8 5 8 12 2154 July 1354 July 40 V4 July 37 July Feb. 11354 Jan. 19 11754 Jan. 21 11654 Jan. 25 4454 Jan. 16V4 July ?9% JW Sale 5054 July "13 July 31 5554 July 16 52 Vi July 20 46 5854 Jan. 110 June 1 1 1454 Sale 8 295 9 275 25 8 11 8 13 8 1 100V4 110V4 July 27 Vi July 27 Vi July 1554 July 16 July 104 July 4 1 8 13 9 21 28 31 20 17 Sale Prices 5154 Mar. 1 July Sale 13 6 May Apr. Apr. Apr. Apr. Jan. July July 117 May 3654 June 12 20 Vi 24 21 Vi 8 26 10454 10854 27 107 Vi 27 10654 ~ 114 12 100 30 9 7 29 Vi 24 V4 July 24 Vi July 21 July 30 1 July July 30 2054 30 Highest Sale Prices 51 June 12 June June 4554 Apr. 37 5i June 37 July 39 July 1854 June 1954 June 20 June 38)4^uiy^ "6 '41" "42" Sale Sale Sale Sale Sale 32 Vi 48 Vi July Sale Sale 3954 2154 20 Vi 21254 1354 8 9 July 13 1154 July 26 13 13 July 22 103 Vi 103 2 July m "54 Vi Sale Prices July July July July 1 July 1 14 July July 6 28 July July 31 15 11854 July 29 41 Vi July 27 20 48 Sale 30 29 V4 , Sale 34 54 Sale Prices 52 51 July 21 109 107 Vi July 6 11154 111 July 7 July July July July July Lowest Highest Ask 11254 111 110V4 109Vi 117 11654 10154 Sale 122 Vi 49 Sale 6554 J 10754 10954 Sale ..... 66 J 1 RANGE SINCE JAN. 1 Lowest July SI | Ask Sale Sale Bid 52 115 54 Sale 114 lOVi 1HV4 62 54 Sale 5554 5654 ... '•» —— July 1 11 Jan. 11 Feb. 18 Jan. 11 Feb. 18 Feb. 19 Feb. 19 3 Mar. •!" 1 • Bid Ask 57 Sale 109 Vi J J .... ■:W PRICES IN JULY Price Jan. 2 BONDS July Value 23 N. T. STOCK EXCHANGE-BONDS AUG., 1937] : '• • ' •v:1- ♦(♦Chlcsgo Rys 1st 5s stamped F A AuA 1 1*33 25% part paid.....1937 6,000 J J 326,000 (♦Chic RI At Pacific Aen A 4s 1988 ♦Certificates of deposit.... 17,000 AO 173,000 ♦♦RefUndlnA Aold 4s .1*34 ♦Certificates of deposit.... 170,000 146,000 ♦♦Sec. Aold 4Kb series A......1*53 m"s ♦Certificates of deposit....^ 75,000 ♦Convertible Aold 4 44s........1*40 MN 376,000 J d 49,000 Chic sl&NO Aold 5s 1*51 J D Gold 344s. 5,000 ......June 151951 J D 2,000 Memphis Div 1st 4s—.....—. 1951 124,000 Chic T H «c S'east lot At ref 5s 1960 J D M S 59,000 Income Atiar 5s..... Dec 1 I960 • — W ff'ff ChicaAo Union Station— 51,000 Guaranteed 4s ..........1944 J 1st mtge 4s series D...........1963 J 59,000 'ff'ff. 286,000 1st mtge 314s series E......—1963 92,000 344s guaranteed.. .1951 206,000 Chicago & Western Indiana 4s_.1952 196,000 1st & ref mtge 444* ser D 1962 1*43 42,000 Childs Co deb 5s (♦Choc Okl Ac Gulf consol 5s_... 1952 154"666 Cine Gas Ac Elec 1st mtge 344'.—1*06 Iff W: ■ iff' Cln Leb Be N lat con fog ,'ffff. .-'■'■I 67,000 9,000 366,000 26,000 ff 20,000 31,000 ff - .I'- ■ Iff I'I ff;. A C M * "l',666 97 98 9854 Sale 87 Sale 10554 112V4 113 93 Sale 109 Sale Sale Sale 108 VI —— ... ..1*4* J 4s.. 47 Sale p Sale Sale i?* Sale 17 16 15 9Vi Sale 15 Sale 109 Vi 109 Vi 109 94 Vi 86 Vi 94 Vi 90 Vi 91 Vi 8754 Sale 9054 76V4 Sale Sale 109 106 Vi 10654 10954 110V4 11054 108 107 Vi Sale 105 Vi 105 Vi Sale Sale 104 Vi 104 102 101 Vi Sale 85 83 Vi 83 954 9454 90 Vi 87 54 76 Vi Sale 91 Vi 78V4 29 12 3154 June Jan. 9 3154 July Jan. 66 June 107 Vi July 110 Vi July 104 Sale 10854 July 106 Vi July 105 Vi July 103 July 85 Vi July 103 Sale Sale Sale Sale 100 Vi iOl" 104 108 107 July 105 V4 July 104 July 10154 July 82 Vi July Mar. Mar. Mar. Feb. Jan. 26 16 16 0 6 6 6 18 8 July 21 Jan. 11 Feb. 16 Feb. 10 Apr. 10454 Apr. 105 Vi 108 10754 July 2 113 Jan. Mar. 10154 Apr. 10054 Apr. 9954 Mar. 80 54 June 35 May 35 Sale Mar. m m 106 V4 July 11054 109 Vi July 35 Sale 30 64 June 9 July June 1754 July 20 June 1854 July 26 8 June 17 July 8 1154 July 954 June 9 108 Vi Mar. 109 Vi July 9454 July 21 9454 July 91 Vi July 14 90 Vi July 91 Vi July 22 8754 July 83 July 12 7554 June 20 107 15 V4 10 Jan July 34 V4 July 33 July July July July July July July July July July July July July July 1115 108 V Jan. 7 13 5 9 Jan. 10854 Jan. 10554 Jan. 94 40 104 Jan. 11 1 10154 July 14 11 4 Jan. 5 104Vi Apr. 30 108 V4 Feb. 100 Vi July Mar. 0 9754 Apr. _ 1957 M N 1st mtge guar 3 His series D....1971 M N Clearfield At Mahon 1st Atd A 5s.. 1943 { ff C C C & St L gen A 4s 1993 { D General 5s series B 1993 J D Ref Atlmpt4HsseriesB....... 1977 3 J Cairo Div 1st gold 4s .1939 J 3 Cln W Ac M Div 1st A 4s........1991 ' 3 MN St Louis Div 1st coll trust A 04-19*0 Spring & Col Div 1st A 4s 1940 M S J 4Vis ser B..1942 A O 1942 A O J Series A gu 4Ha ...1*42 J Series C gu 3Vis 1*48 mn f a Series D gu 3Vis 1950 General 4 Vis aeries A..— 1977 F A Gen & ref. mtAe4V4s series B.. 1981 J J Clev Short Line 1st Au 414 a .1*61 A O Clev Union Term 1st gu SHi A..1972 A O 1st s f A 5s series B guar...... 1973 A O 1st s f 4 Vis series C 1977 A O Coal Rlv Ry 1st Au 4s.. 1*45 J D Colo Fuel At Iron Co gen s f 5s..1943 F A ♦5s income mtge...... .....1970 A O ... "5", 006 9454 10454 Clev At Pitts gen gu Series B gu 34s 1,000 113 Vi F A 28,000 Cleve-CUffs Iron 1st mtge 4J4s__1950 M N J 48,000 Cleve Elec Ilium 1st M 3 1965 J '. 1054 Sale 38 104 Vi 1st mtge A 5s series C guar W W Val Div lat A 2054 Sale 1854 Sale 20 Vi Sale 18 Vi Sale 71 3154 Sale 47 .1942 M* 4s 76 82 Sale 38 J J 11054 M S 10854 J •» 107 Vi M a 105>i Cincinnati Union Terminal— 62.000 61,000 J J_ 812 412 105 Vi 10654 10754 106 Vi 106 Vi 105 Vi July 28 10754 July Sale 105 105 10554 Sale July 31 107 July 104 Vi 104 Vi 10454 107 100 Vi 108 Vi 108 Vi 110 Sale" 105 Vi 106 54 102 V4 102 8, 103 10554 103 101 117 119 97 Vi Sale" 10554 107 54 111V4 Sale 91 Vi 92 Vi 103 Vi 104 10354 94 Vi 93 Vi 93 Vi 98 V4 Sale 103 10454 103 107 V4 108 Vi Hi18 Sale 10254" 166" "July "I 102k July" '29 117 Sale 110 113 109 Vi 104 109 Vi 109 Vi 107 104 10854 105 Vi 117 Sale 10454 91 Vi July 103 Vi July 95 99 Vi 91 Vi July 98 Vi July July 20 117 July 1 94 Vi July 8 104 16 July 94 Vi July 20 6 8 8 1 100 July 20 163"" 103*" July 12 103 July 108 Sale 30 108 July 1 110V4 July 12 16 14 106 Vi July 108 Vi July 109 Vi 10454 19 10 105 Vi July 28 109 Vi Mar. 20 UOVi 101 10454 Mar. 19 104 Vi 97 Apr. 13 10754 117 July 20 118 9054 June 29 9854 Apr. 28 Jan. 7 Mar. 19 Jan. 13 Apr. 20 Jan. 15 10354 June 29 10654 Jan. Jan. July IV* Apr. 16 103 95 3 10454 Jan. 101 May 10103 30 108 10554 Mar. 22,111 V4 11054 June 23 11054 106 Vi July 8 15 18 Feb. 1 Feb. 25 Jan. 2 104 113 11054 10954 105 Vi 109 Vi Jan. 27 5 113 2 109 June 8 May 11 11154 Jan. 13 June 30 106 Vi May 3 11054 Feb. 108 109 Vi 10854 July 106 10854 107 Vi 10654 July 1055 June 23 10854 July 12 110 115 Vi 109 100,000 190,000 243,000 5,000 40,000 175,000 161,000 Colorado & Southern 4V4s ser A. 1980 m N 347,000 Columbia Gas At Elec deb 5s. —1952 UN Debenture 5s ........Apr 15 11,000 1952 a o Debenture 5a.......... Jan 15 1*61 264,000 2,000 Col At Hock Valley 1st ext A 4s 1948 A C 112 110 105 112 106 V4 106 90 Vi Sale 75 Vi 7454 10454 Sale 108 1955 FA 184,000 Columbus Ry Pow & Lt 4s......*965 MN 190,000 Commercial Credit deb 3 Vis 1951 A O 147,000 Commercial Invest Tr deb 3Vi*—1951 113' 108 j 10654 11154 112 Vi 109 Vi Sale 107 Vi 107-8 10254 Sale 109 110V4 104 Vi 105 85 83 Vi Jul"y"l5 106 June 109 lllVi 112 107 105 - 30*.000 1,000 Col At Tol 1st sxt 4a 1943 .1951 8tamped guar 4 Vi* —....1951 Conn River Power s f 3H* A..... 1961 Consol Edison (N Y) deb 3Vis...1946 3 Vi* debentures........... .1956 Consol Hydro-Elec Works of Upper ♦Debenture 4s...........AAtO 1955 A ♦Debenture 4s................1956 J s f 5s..2....I960 J i D D J J O J J Consumers Power Co— 1st lien At unif mtge 3Vis......1965 mn 39,000 1st lien & unif mtge 3Vis 62,000 1965 mn 210,000 65,000 19,000 164,000 34,000 75,000 17,000 36,000 1st mtge 3Vis....... ......197C 1st mtge 3V4s.._1966 Container Corp of Am 1st s f A 6s. 1946 Deb gold 5s with warr........1943 Copenhagen Telep extl s Crane Co a f deb 3Vis.. Crown Cork & Seal s i 4s loivi Sale mn Sale Sale 36 36 34 Vi 34 Vi 34 Vi 66 109 10754 Sale 108 Vi Sale mn J D 10454 Sale" J D 102 f g 5s..1954 F a 1951 F a 1950 mn J Crown WUlamette Pap 1st s f A 6s 1951 J Sale 104 105"" 77 75 Sale 57 98 ; Sale 98 V4 101 Sale Sale iSB 5954 101 10054 9954 11154 112 J4 Sale 106 Vi 106 Vi Sale 97 Sale 102 Vi Sale 104 Vi 106 106 Vi 107 V4 10554 Sale 102 Vi 103 Vi 105 104 Vi Sale 104 Vi Sale 103 Vi Sale 104 Vi Sale ' 1954 106 Vi Sale 106 Vi Sale 65 Vi 10054 108 * 112 Vi 10654 Sale 107 Vi Sale ♦Wuerttemberg 1st 7s.........1956 J 5,000 130,000 Consol Gas Co deb 4Vi®._.. 1951 J 535,000 Consolidated Oil conv deb 3Vi*—1951 J 24,000 (♦Consolidated Ry deb 4s.......1954 J ♦Debenture 4a...........JAtJ 1955 J 3,000 62,000 ♦Consolidation Coal 11254 10454 10954 10754 108 Vi Conn At Paaaum Rlvs 1st A 4s Conn Ry At Lt 1st A 4 Vis 4,000 87,000 219,000 231,000 104 Vi 104 Vi 10454 Sale Sale 105.Vi Sale UOVi July 108 July 105 July 100 Vi July 109 July 104 Vi July 77 July July eon 57 Sale 98 July 10154 98 Vi July 97 Vi July 99 Vi YK JUiy 111 54 July " 102 100 • 102 Vi Sale 106 V4 106 105 V4 106 JSi* 21 107 101 32 31 31 31 65 106 Vi 25 Sale Sale 36 37 July July July July 112 Vi July 10654 July 97 V4 July 102 Vi July July 104 July 104 Vi July 103 Vi July 107 Vi July 105 July 106 Vi July 11254 105 Vi 9654 101 Vi 107 25 25 Vi Sale 107 10754 10654 10054 103 Vi Sale 33 31 Vi 33 Vi 31 Vi "3854 3154 31V4 Sale 67 Sale 105 Vi 101V4 103 Vi 10354 101 Vi Sale 10254 100 * Sale 9954 104 Vi Sale 105 Vi 101 Vi Sale 101 Vi 101 102 101 Vi 100 Vi Sale 101 Vi 106 V4 106 Vi 106 104 Vi 105 10554 lllVi July 110 July 108 July 103 July 109 July 105 July 86 July 61 Vi July 10154 July 101 July 99 Vi July 112 Vi July 10454 July 24 29 29 14 30 7 27 12 27 20 29 109 19 lllVi Feb. 26 102 94 1 21 6754 65 July 1 68 July 115 Jan. 10854 Jan. 10054 Jan. 105 Vi Jan. 10754 100 54 Apr. 10 108 Vi 10254 Mar. 910654 10 101 Mar. 210754 Jan. Jan. Jan. 13 2 18 *7 11 11 2 5 1854 Mar. 17 26 r July 21 5 105 5i Apr. 2 108 Vi June 2 10054 June 15 10754 Jan. 3154 July 28 4154 Feb. 24 3354 July 22 5 3554 Jau. 34 May 26 6354 Jan. 26 9 107 54 July 28 Apr. 13 Mar. 23 2 10454 July 30 9 6 10254 July Apr. 9 10054 July 15 Apr. 14 Mar. 18 105 July 19 102 7 10154 July 13 100 V4 July 2 102 July 17 9954 Feb. 97 101V4 July 28 Apr. 2 7 104 10654 July Apr. 9 2 10354 Apr. 28 10554 July Mar. 8 Feb. 17 4054 Mar. 15 71V4 Mar. 20 40 11054 107 V4 10854 10354 105 102 103 107 106 For footnotes, see page 30. Jan. 15 9 16 Jan. 30 106 112 Vi Feb. 11 14 12 6 12 18 13 4 2 11 4 11 30 Feb. 1 105 105 V4 Jan. 25 114 Vi Jan. 28 10454 Mar. 38 107 Vi 105 Vi July 109 102 July 102 Vi 10154 July 100 Vi 99 Vi July 106 104 Vi July Sale 100Vi July; 101 July Sale" 100V4 July 106 Vi 105 Vi July Sale 104 Vi July Mar. Apr. 9954 Mar. 104 54 Mar. 105 V4 Apr. 21 12 July Mar. 7 10354 July 36 July 36 July 26 June 98 96 Vi June 23 107 Vi July July July July July July 10854 Mar. 19 116V4 Jan. 108 113 Jan. July 104 Vi Mar. 11154 Jan. 9954 Apr. 10554 Jan. 109 July 11254 Jan. Mar. 104 108 May Feb. 76 Vi June 96 56 Vi June 77 Vi Jan. 105 V4 Jan. 9754 June Z5' Jan. Jan. Jan. Jan. 18 4 2 29 Jan. 9 Jan. 7 Mar. 9 Jan. 9 Jan. F21 Jan. 5 5& Iff N. Y. STOCK 24 £a?es in ,55,000 Cuba Northern Ry« lit 69,000 .19,000 ♦Cuba RR 1st 50-yr g ,\ 6,ooo 5s 1987 HO. , July 1 Ash Bid Sale 45>* 1st mtge gold 4H*———1969 A O Sale Sale" 1054 J J 102 J J M N MN J J J V A Sale AO 64 Certificates of deposit t^Des Plalnes Val 1st guar 4Jit.,. 1947 364 Sale Sale l^Dea Moines AcFtD 1st gu g 4s—193! M 8 F A 60 107 27 Sale J J Sale 1074 MN 2,000 Stamped as to Pa tax—— 236,000 ♦♦Den Ac Rio Gr 1st eons g 4s. .—1936 ; 74,000 ♦♦Consol gold 4 Hi 1936 63,000 {♦Den? Ac R Gr West gen 5s Augl95B 77,000 ♦Assented (subject to plan) 173,000 ♦Ref Ac Imp mtge 6s ser B 1978 Sale 1035* Sale 895* Sale 1055* 107 1025* 104 1055* 1075* J El 1st Ac ref 5s....195) 5,000 Sale 48 56 extended to-—————-1946 6s extended to 1946 Denser Gas Ac Gen Ac ref 4H* series D——1961 Gen Ac ref 5s series E————1952 A O A O Gen Ac ref mtge 4s series P.....1965 M S 91,000 Gen & ref mtge 35*s series G—1966 J D ♦Detroit Ac Mack 1st Uen g 4s....1999 ♦ 1 st 4s assented............1995 203,000 ♦Second gold 4s-.............1995 I D 3,000 ♦2nd 4s assented.1995 -N 6,000 Detroit Term Ac T unnel 1st gu 4H('61 MN D 50,000 Dow Chemical deb 3s 1951 Dul Ac Iron Range 1st 5s. .......1937 A O J 13,000 t"Dul So Shore At Atlantic g 5s.1937 mJ - 175,000 Duquesne Light 1st M 35* ■ 1965 J J 1,000 7,000 Eastern Ry M No Dlv 1st g fa 1948 A O Eastern Tenn Va Ac Ga 1st g 5s ..195t MN J J 21,000 Ed El 111 Bkn 1st con g 4a 1939 7,000 Ed El 111 N Y 1st cons g J 199" 5s 150,000 Electric Auto Lite cony deb 4s...1952 12,000 Itlgln Jol At East 1st g 5s 1941 17,000 El Paso Nat Gas 45*8 series A.—1951 21.00G El Paso At S W 1st At ref 6s F 64 664 46 572",606 433,000 1,000 10,000 , cony 4s Series D D 1969 A O 1st lien a ......1938 M 35 S* m 46 6 f 6s stamped ......1942 M fc 30-year deb 6s aeries B........1954 J D a Flat deb s f 7a 1946 '♦Fla Cent At Peninsular 5s.....l94? J ♦Fla East Cdast 1st 44a 1959 r ♦1st At ref 5s ser A .....1974 M 61 485* 505* 605* 525* 1015* 674 110 1064 75 Sale Sale 105 114 104 101 91 85 J* 85 118 5* m 625* 162"* v Sale Sale 1085* Sale 1051* June 26 16 75* July 7 Sale 114 July 12 115 July 1 58 615* July 22 55 July 13 June 26 52 July 108 Jan. 5 July 955* Jan. 1065* July 16 Mar. Jan. Sale Sale "51"" 1045* Sale 47 o 1135* July 1025* 1015* July 100 435* "48" 1065* Sale Feb. July May July 38 425* July 1045* July Feb. July 32 J* Jan. 55* June 28 505* June 3 111 12 107 July July 1155* 113 1045* 1065* 1045* July July 1315* 1355* 131 Apr. 12 1165* Jan. 4 8 July 21 1105* Jan. Apr. 2 1115* July 21 Mar. 23 1095* Jan. 5 Mar. 21 60 May 21 Apr. 28 65 i. May 25 Feb. 106 M 20 19 107 114 4 45 July July Jan. Jan. 1045* July 70 765* Sale 102 104 103 102 1025* 102 1665* 103 103 57 96 89 78"" 67 "69"' 185* Sale 18 5* Sale 105* 95* Sale 95* cons 2-4s .1982 Proof of claim filed by owner.... MN ♦Certificates of deposit....... Fort St U D Co 1st g 44s. J 1941 J 35* 35* 45* 45* 18 19 21 5 2 Jan. 5 Jan. 28 Mar. 29 Jan. Mar. Feb. 14 5 1 July 13 Feb 16 Jan. 14 5 16 22 22 15 16 16 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 8 June 9 Jan. 2 102 70 102 1025* Sale I6I5* 76 H 82 H 75* 1 575* Apr. 20 4 1075* 82 MN 18 Mar. 21 113 1015* 1025* 1035* 1015* 1025* 18 225* Feb. 19 Feb. 1135* 114 1045* Sale 102 102 8 Mar. 23 June , '645* 3 10854 June 18 365* Jan. 16 „ 1045* 6 1065* Feb. 1085* June Apr. 485* July 20 415* Apr. 6 55 May 1145* July 10 111 Apr. 2 1185* Jan. 1025* July 19 101 June 26 1025* July 1015* Apr. 28 1025* Jan. 445* July'29 425* July 17 725* Jan. 1065* July 31 102 Mar. 23 110 Jan. July 11454 116 1005* "465* 15 Mar. 25 104 Mar. 60 48 47 9 Mar. 55 •63; "59"" 12 Jan. 645* Jan. 23 56 45 85 61 65 465* June 29 23 1 IO65* 1065* July 21 1075* July 2 1115* July 21 Sale 1085* July 1 105 * July 28 1045* 1055* 1035* July 70 J ♦Certificates of deposit.—.... July 7 175* Sale 175* July July July 95 1015* July 1005* 1015* 1005* July 1025* July 1035* 104 96 96 90 July 87 July 905* 70 July 775* 78 68 75 July 71 105* July 115* Sale 12 115* 95* July *$6Fonda Johns Ac Glor ref 44S.1952 Proof of claim filed by owner 45 106 85 76 5 1 105 July 29 915* July 71 J d 1035* July 50 5* July 9 52 July 30 615* July 22 55 July 13 2 1 9 107 July : 112 ' May 1035* Apr. : 135 131 Sale July 131 July Sale 109 July 110 Sale 1105* July 1075* Apr. 112 111 111 Sale July 115 1105* July 1085* Apr. 105 1045* July 2711045* July 20 1005* Apr. 1045* 1045* 1035* 8109 July 13 1065* 1085* 108 1075* l09" July May : 110 105 I6§"" 107 5* 1065* July 1311065* July 13 1105 June 1 1045* July 1045* July 12 103 1045* 1045* Mar. 18 106 6 1045* July 1045* July 1045* 1045* 1035* Mar.; ~ 99 985* July Sale 1005* 995* July 24 1005* 975* Apr. 77 82 Sale July 7 77 July Sale 775* Sale 76 June : 80 8 July Sale 825* July 805* Sale 80 July 80 81 July 95 % 81 815* July 12 80 July 795* 885* 915* 91 Jan. Sale Sale 72 Sale 71 705* July 755* July 68 June Sale 72 Sale 705* July 855*! 755* July 68 June ,705* 118 ■118 118 118 ' 119 July July 1145* Mar. 118 July Sale 8118J* July 1175* 119" 1185* 119 1165* Feb. Sale 1085* 1085* 1125* Mar. 103 104 102 1 47 105 1164 Sale 1074 1074 1384 1105* 108 J* 38 Sale Prices 455* July July 57 July 52 July 50 535* 64 56 75* 48 1135* Highest Sale Prices in 103"" 1034 1015* 107 S 115 ilB* IS* Lowest Sale Prices 87 July 12 885* Sale 1065* 1065* July 16 1065* July 15 Y4 Juiy 6 103 102 5* July ~ " Sale July 31 103 1055* 1075* July 15 July 15 1075* July 21 1075* July 21 1075* 108 Sale July 7 265* July 31 Sale 265* 28 5* July 15 July 285* 31J* Sale July 145* July 26 16 Sale 145* July 15 July Sale 185* July 31 215* July Sale 55* 48 - 1164 108H A 1942 M f 5s stamped 35 915* 915* F First Hen 50 J Braes to Breda Co 1st mtge 7s..—1954 D Fairbanks Morse deb 4s.........1956 Federal Lt At Tr 1st s f 5s_.......1942 M b 5s International series......1942 M S 70 65 45 50 J J Erie Ac Jersey 1st s f 6a.......1955 J Genesee Riy RR 1st s f 6s 1957 N Y At Erie RR ext 1st 4a 1947 MN —... 1105* 1114 085* Sale J Ref At Impt gold 5s ser 1927 ...1967 II N Ref Ac Imp 5a ser 1930.........1976 A O 3d mtge 44a 16,000 137,000 9,000 1,000 17,000 9,000 5,000 9,000 2,000 20,000 336,000 103,000 ~j 1953 A O „ 1164 117 1094 A M N 1,000 5s stamped .........1965 2,000 Brie Ac Plttsb gen gu g 34s ser B.194C 1,000 Series C 34s 194« 114,000 Brie RR 1st con At prior lien 4s..1996 J 163,000 1st con sol gen lien 4s.........1996 J 69,000 Cony g 4s Ser A .............1953 38,000 Series B_...................1953 Gen RANGE SINCE JAN. 1 Highest Sale Prices Ask Detroit Edison— 98,000 60,000 i . . Lowest July 31 Ask Bid 57 615* Sale 7 Hi 88,000 Dsyton Pr 8c L11st Ac ret 35* •—1960 416,000 Del Ac Hud 1st 8c ret 4s 1943 12,000 Delaware Pr Ac Lt 1st M 4H*—1971 20,000 1st Ac refits I960 "fl" 666 62 5H«--—1942 1952 ' ? » ' I Jan. 2 STOCK EXCHANGE Bid % ' ' , | PRICES IN JULY Price BONDS July Value T' EXCHANGE—BONDS ..... 21 76 July July July July July July July 91 July 78 July 725* July 125* July 12 July 2 104/4 191023* 221015* 19 1025* 31 Jan. Mar. 26 Apr. Apr. Jan. 11 Feb. 13 1 22 8 2 Jan. Mar. 30 July Feb. 23 June Feb. 23 July Feb. 27 Jan. Mar. 27 July Apr. 8 June June Jan. 6 22 June 7 5 5 20 7 6 2 19 175* .....t- Apr. Mar. Mar. 2 95* Jan. 13 ♦♦(Amended) 1st 2,000 3,000 "7", 606 Pramerlc Ind Ac Dee 20-yr 7 J J 4s..1942 trust 6S....1956 MN 29,000 Francisco Sugar coll 6,000 34,606 9,000 ^?-000 102 121,000 l*Ga At Ala 98 91 117 103 101 1055* Sale 40 - ♦8 f deb 15-year debenture 34a—.——1951 835* Sale 1225* t 6s -1948 » ^ General Motors Acceptance Corp— 1 10-year debenture 3s 1946 * A Genera* Public Service deb 5Hi. 1939 Gen Steel Castings 1st 5H» w 1075* 1105* 97 Galv Hous Ac Hend 5H» A.......1938 Gas At Elec (Bergen Go) 5s 1949 Gen Amer Investors deb 5a set A.1952 48,000 General Cable 1st s f g 5 Hi A 1947 • 8,000 ♦General Elec (Germany) 7o 1945 ' 5,000 ♦Debenture 6H«— 1940 J 254,000 217,000 107 Sale 40 Sale 46 Sale 1045* 105 A 1055* Sale 1025* » J 965* Sale J 405* * { w.,1949|J 1st cons 5a....Oct. 1948 Ac Northern- July 6 35* July 45* 35* 35* 3 5* June 65* Mar. 17 July 24 35* 4 35* July 35* 45* 5 Mar. 2 35* July 1065* HO 1045* 1075* Jan. 20 [1075* Jan. 8 ,1075* Mar. 16 11054 July 1085* 1105* 109 1105* 1095* July "23 1105* July 8 69 71 Sale July 23 73 July 1 655* 71 67 June 19 875* Jan. 12 4 93 925* July 945* ill! 1015* 102 1045* Sale 1065* Sale 325* Sale 355* 37 31 39 365* Sale 355s 325* 35 1015* July 1045* July 325* July 325* July 325* July — Sale Sale 103 1015* Sale 1025* Sale 1015* 101 1025* 101 1025*,1023* 845* Sale 765* 79 765* 1015* 1015* 25 37 30 255* 37 32 40 315* 26 30 26 1 103 July 30 July 1 1023* July 27 7 July 7 10254 July 7 July 27 843* July July 35 525* 95 July 20 J 92 June 14 100 1215* Jan. 29 1225 7 10154 July 10 1005* Apr. 28 1023 1 10654 July 31 1035* Apr. 16 1063 July 20 1 36 30 Apr. 24 40 6 365* July 31 30 Apr. 23 40 36 July 17 295* Mar. 16 40 2 30 985* 985* 1015* 765* 325* Jan. Jan. Jan. Jan. Jan. Jan. Jan. 105 12 27 11 7 2 2 2 Jan. 8 1055* Jan. Apr. Apr. 2 8 7 Mar. 29 1035* Jan. July 27 975* Jan. June 15 445* Jan. 20 ♦^♦Georgia Carolina 2,000 J Extended at 6% to July 1 1934.-, ♦Good Hope Steel Ac Iron sec 7a.1945 A O 209,000 Goodrich (B F) Co 1st mtge 454* 336,000 cony 105 deb 6s.. 1945 —— 1956 395,000 Goodyear Tire Ac Rubber 1st Sa_. 1957 M 16,000 Gotham SUk Hosiery deb 5s w w. 1946 M "3~, 666 95*656 115,000 Gout Ac Oswegatchte 1st 5s Gr R Ac I ax 1st gu g 4 Ha 1st Ac gen a N 111 99 87 93 815* 95 ' 1950 ..... 100.000 "2~ 660 £?; Greenbrier Ry 1st gu g 4s Gulf Mob 8c Nor 1st 5Hi ... B MN 1950 A O 1951 A 0 1941 1st mtge gold 5s series C Gulf At Ship Island ref 5s—Feb 1952 J Stamped..................... 97,000 Gulf States St'l 1st mtge 4 H* .1961 A O 90,000 Gulf States Utilities 4s series C_. .1966 A O 10-year debenture 45* *——— 45,000 .1946 A O 3,000 Hackensack Water 1st 4s ♦Harpen Mining 6s.......... 26", 066 Hock Val 1st coo g 4Hs_.._. 134.001 ♦Hoe (R) Ac Co 1st mtge...... 2,000 (♦Housatonlc RR con g 5a... .1952 J 1165* Sale 1145*, 115 1095* 1095* 108 J .1944 A O .1937 MN Sale 1195* Sale m 625* 12 Sale 75 Sale 1085* 1045* Sale 995* 1005* 885* 885* 94 995* Sale 105 1055* 1045* Sale .... 1075* 110 29 124"" 1255* 84 775* 103 Sale 80 34 July 20 Sale 1045* 1045* 1025* July 05* July 1005* Sale 1005* Sale Sale Sale 104 1035* July Sale 99 9854 July 14 985* 1025* 1045* 1025* 1045* 1085* 1095* 1085* 1095* i685*"Juiy"l4 " rn 92 92 1165* Sale .1949 J .1996 Sale A 1944 Great Northern Ry— 72,000 ; 1st Ac refund 4Hi Ser A 1961 Gen mtge 5H» Sec 133,000 B......... 1952 Gen mtge 5s Ser 19,000 G........... 1973 Gen 4H» Series 150,000 D............. 1974 Gen 4 Hi series E 168,000 1971 Gen mtge 4s series 1,224,000 G._..—.... 1946 Gen mtge 4s series 492,000 H.......... 1946 Gen mtge 3 % s series I 423,000 1967 1,000 ♦Green Bay 8c Weat deb ctfa A.. Feb ♦Income debenture ctfs B 62,000 Feb 15",660 Sale D 1947 f g 6 Hi l&H 1035* Sale 1035* 1941 ... ... Sale D 1942 J Grays Point Teem 1st gu g 5s Gt Cons El Pow (Japen) 7s 45 94 "965* 895* Sale 95 Sale 34 July 20 1045* July 21 102 5* 10154 July 22 975* 1055* July 7 103 100 July 8 955* 1035* July" 14 1085* [1085* July 13 935* July 27 98 935* July 875* July Sale 91 1135* Sale 1175* Sale 114 1135* July 1175* July 115 1175* Sale 110 112 113 110 1125* 10654 1055* 1313* ilO 54 112 1045* Sale 1035* Sale -vj Sale Sale 1055* 1043* 1245* Sale 1225* Sale 1045* July 1025* July 1225* July 109 Sale 109 Sale 109 95 945* Sale 60 685* 60 105* Sale 105* 1055* 1055* 103 Sale 101 98 Sale 95 915* 915* 965* Sale Sale 69 12 1025* 9854 925* 925* Sale July 943* July 65 July 1054 July 96 July July 98 Sale 1015* 103 Sale 1035* Sale 1005* July 1045* 1043* 1035* July 1065* Sale 1065* 1073* 1063* July 28 8 1065* July 1 11954 July"16 945* July 28 66 July 15 90 93 5* 995* 1025* 2 Jan. 27 985* Apr. 5 955* May 14 Apr. 26 L165* Jan. Apr. 955* June 24 1185* 1195* 1185* July 1185* 120 93 89 July 895* Sale 943* 64 63 695* 67 625* July May 20 111 L06 Mar. L00 5* June 925* July 20 9854 July 27 10354 July 22 1045* July 9 11 Mar. 30 1015* Jan. 4 Jan. 27 845* Feb. 13 10 Jan. June June 28 106 June 16'J075* Jan. 15 Jan. 13 1035* Jan. 13 L145* Mar. 108 Apr. LOO5* Apr. LOO5* Apr. 1175* June 106 Apr. 925* Apr. 65 July July 995* July 52 305* Mar. 107 July Apr. 90 L10 July July July July July 96 July 65 " July 1254 July 103 973* July 100 24 14 1613* "July' 92 July 1175* July July 305* June 28 23 Apr. 17 1195* L1554 1095* L085* 28 1415* 8 1115* 28 96 65 14 15 28 1065* - 4 1 1065* 30 1035* 8 Feb. Jan. Jan. Jan. May Feb. July July 4 20 Jan. 25 27 9 9 28 11 18 8 4 14 14 Mar. 1 Jan. 18 Feb. 9 925* May 28 Jan. 13 995* Jan. 12 June 2 Apr. 3 1055* Jan. 15 4 Apr. 30 1055* Apr. 1055* Apr. 10 108 Feb. 9 May 24 Jan. 8 Feb. 15 Jan. 27 25 May 14 275* 1145* Mar. 23 1265* 975* Jan. 2 84 625* July 13 865* 1 -> For footnotes see page 30. : v.:C" N. Y. STOCK Auo., 1937] Sales In July Value PRICES IN JULY Price BONDS Ask 103 % Sale Sale Sale 110 107% Plain .. 89 % Sale 84 % Sale 107% 108 107" Sale" MN J J 101 : 102 538,666 41,000 187,000 89 81 £ 70% 76 70 85 Sale 63% Sale 80 69 A M N F 98 90 - J J F A A S A O A 0 J J 1 J J D MN J 96% Sale 100 % Sale Sale 6% A 40 25 98 44 30 34 —~ 98% 46 84 80 107%. 102% 40 11* 27% 98% ..... 102 J J J J D Kresge Foundation coll trust 4s. 1945 J J F Sale" — — — — — — — »«•<-> 69 70 66% 100% Sale 33 30 Sale 33 IV* 29 27 33 July "21 Sale Sale Sale Sale 85 75 100% 99% 90 85% 97% 100 Sale IV* 92 Sale 75% Sale 5% 6% 8 23 66% July 23 28% July 24 24% July 23 71 July 27 69% July 23 100% 3uiy 13 9 101 July 28% July 9% July 28% July 28 July 74% July 34 July July July July July July July July July July July July July 26 12 26 27 31 22 26 31 21 20 12 7% July 13 71 100 July 6 July 96% July 85 * July 95 July 66 July 90% July 71 July 5% July 102 99% 85% 97% 72 92% 77% 28 95% 94% July 104% 103% July 96 ; ,v. 97 ' '.v; . July 102% July'30 103""* m June 94 June May f 21 Jan. 14 7 11 Jan. Jan. 7 102 27% June 30 9% June 29 26% June 30 71% June 29 May 13 71 99 6 July Mar. 16 27 Jan. 56 52% 91% 91 103 June 42% Jan. Apr. 22 Jan. 23 Mar. 10 Mar. 10 Mar. 10 ft* 102$ Mar. 11 Jan. 28 Apr, 5 Jan. 20 95% June 19 101% Jan. 12 83 June 2 95 Apr. 28 102 63% Apr. 29 75 79 May 17 92% 67 Apr. 28 80% 94 Jan. 3 1 July ' 2 Feb. 5 25 21 Jan. Jan. July Feb. Mar. 6 9 11 1 108 8? 95 100 Jan. Jan. Jan. Jan. Jan. 12 22 18 9 19 5 109% Jan. 105 May 21 41 25 31 35 100 2 Jan. 5 Feb. 25 Feb. 9 Mar. July "30 July 10 99% May 7 115% Jan. 101% Jan. 107% Jan. 7 13 109% Jan. 108% Jan. Apr. May July 102% Jan. Jan. 161 6 21 22 29 Jan. Feb. 5 1 119% Feb. 1 108 146 95% July 113 19 98% July July 13 ll5 July 105 " July 93% July 1 58% July 2 58% July 1 49 July 22 49 July 27 52 62 June 101 94% 96% 60% Sale 60 60% 48 50 u 51% 70 June 18 Apr. 97% Mar. 93% Sale 58% Sale 58% Sale Sale 8 2 12 9 Jan. Feb. 2 110 110 99 % Sale 66 Sale 65 % Sale 64 68 98% 53% June 20 : 101% 151% 154% 105 13 12 2 14 18 108 June US 25% July Sale 21 Jan. 97 95% Jan. 105% Jan. Mar. 101 55 X04H 99% 101 103 98 6 4 104% Jan. 30 104% Jan. 30 Jan. 2 100% Apr. 28 107 Feb. 19 35 May 26 43 109% 113 115 112% 114 99% 102% 99% 101 Jan. __ 107; 99% 97 109% 104% 109% Jan. Mar. 10 Jan. 15 Jan. 13 Mar. 18 June 16 102% July 12 101% May 46 50 July July 13 47 July 14 42% June 8 June July June 79 89% July 20 Apr. July 23 106 Feb. July 14 10AH Mar. 8 40 July July 20 11% June 21 21 July 19 May 25 Apr. 27% July 24 100 July 10 96% J an. —- 15l% 156"" Jan. June 18 8 93% Apr. 12 102% Jan. 11 Jan. 20 13 100 Apr. 8 106 Q5 102% 105 109% 110 107% 101 12 July July 105 m 109% 113% 75% 13 23 21 4 Jan. 28 89% Jan. 19 92% Jan. 25 94 July 28 98% Jan. 20 100% Mar. 10 100% Feb. 25 94 Apr. 23 101% Jan . 20 2 100 July M'£ ■1^ 7 11 Jan. Jan. 29 28 30 90% Jan. 90 Jam 31 29 104% Jan. Jan. 29 80 Jan. 30 109 Feb. 25 98 17 102% Jan. 98% Mar. 100% 100% 100 93 95 96 Jan, Jan. 70 July 30 91% Jan. 20 7 66% July 30 87% Jan. 21 7 Feb. 16 2 106% Apr. 19 108 68% July 28% Sale 60 , 105% July 103% July 60 July 60 July 21% July 18% July 62 July 62 July 96% July 25% Sale 44 M 82,000 Laclede Cas Lt ref ext 5s—..1939 A 0 Coll ft ref 5 M* series C 170,000 ...1953 F A P A Col ft ref g 5 Ms ser D 62,000 .—I960 Coll tr 6s series A.............1942 F A 40,000 F A Collateral trust 6s series B....1942 1,000 ""l 154% Sale A •• July 30 80% July 66% July 30 76% July 10 107% July July 98% July 109% f» 70 101% 103% 102% July Sale Sale 49 46 July Sale 47 47% 43% July Sale 82 84 July Sale 80 85% July Sale 108% }8?* 107% July 103 103 103% 104 July 44 40 40% July 15 11% 11% July 21 21 July 27% 27% July 99 July 99% 98% 100 110 104 —— 102% 161% 164% 108% 108% 115M 116% 119% WW I July 96% _ , 109j| A 26 104 101% 107 AO 25 103% Sale J O 62% 64% 63% 105% Sale J J Sale 64 95 109 J Sale Sale Sale Sale 29 Sale Sale Sale Sale Sale Sale Sale Sale Sale 94% 109% 109% 103% 103% 28 July 103% July 68 64 Sale 62 % Sale 58 59 93 M Sale 99 Sale 94 32% Sale" 58% 115% 116 100 % 101 % 106% J 103% July July July July July July July May May 85 88 107% 106% July Sale 30 33 M MB 70% Sale 66% 67 22H Sale 518 100 O 63 «• Sale 100 July 8 80% July 2 77 July 15 78% July 7 70% 90 98 July 7 63 70% July 7 105 July 30 105 93 6 94 July 6 95 July 23 7 99 86 85 81 July 80% July 77 July 70 V July 90 July 99% 103 3% n "§I% Mar. 12 92] 81 101 59H 98 % n» nH # 98% 104" 105% 103 59 60 72% A J 95 Highest Sale Prices Apr. 1 103% 2 102% July 31 101 38 July 1 57% July 116% Mar. 30 124 ' July 66 61% July 28 85% July 29 21% June 30 36% July July 101% Mar. 23 110 110 Feb. 24 111 WW July 102 104 July May 3 107% 102 Apr. 27 107% 104% July 101% July 38 July July 61 July 22 July 105 July 110 July 104 July 104% July — 34% Sale M Sale Prices 91% ----- Sale J Sale Prices July 106% 105 July 94 July 97% 99" 96% July 107 103% Sale 34M Sale A Lowest Sale Prices Highest 93 76"" Sale Sale Sale 76 71 107 101 13 Sale J F 3%s collateral trust notes....1947 IKreuger ft Toll class A ♦5a Uniform ctfs of deposit... 1959 104 M 104 % 97 35M Sale 12 34 J J ..... 96% 83% 01% 62 M Sale 29% Sale 105% Sale 110% ~98% 101 1961 ....v 4M* unguaranteed...........1961 .1937 Purchase money 6s...........1997 29,000 Kings Co Eleeated 1st g 4s.... .1949 Kings Co Lighting 1st ref 5s 1954 1st ft ref 6Ms "6", 000 —..1954 Kinney (G R) 5Ms extended to..1941 ■S8S 74 % 96% Sale 68% Sale 106 % 105 93 % Sale Lowest 120% 120 Sale 1,000 Kentucky Central 1st gu 4s_—.1987 Kentucky A: Ind Term 1st 4MS..196I "9", 000 Stamped.. ...................1961 Kings Co E L ft Pow gold 5s S8Je* 97 177,000 Tames Prankllo Ac Clear! 1st 4s..1950 J 185,000 Jones Ac LaughUn St'l 1st M 4Mb. 1961 M ..... 64% Sale 22% Sale 105% Sale 110% 111 101 101 93 89 96% tlowa Central Ry— 91.000 ♦1st Ac ref 4s..........———1951 M 12,000 Kanawha Ac Mich 1st gu g 5s—..1990 103,000 t**K G Ft S Ac M ref g 5s 1936 41,000 ♦Gtfs of dep (Bankers Trust)... 193,000 Can City South 1st g 3s.....—1959 130,000 Ref ft Imp 5s..—. —ApriU950 144,000 Kan City Term 1st 5s 1965 \ 79,000 Kansas Gas ft El 1st mtge 5M5..1980 3,000 ♦Karstadt (R) Inc 1st Mtge 6s.—1943 1,000 ♦Ctfs w w stpd (par $645).....1943 ♦Ctfs w w stpd (par $925). 1,000 1943 1,000 ♦With warrants (par $92f) 1943 20,000 Keith Corp (B F) 1st ser g 6s 1946 45 M 84 Int Agrl Corp 1st It coll tr 5s— i Sale 81% Sale 1955 222,000 {♦Internat Gt Nor 1st 6s A 1952 154,000 ♦Adi mtgs 6s series A.July 1 1953 ♦1st mtgs gold Ss.serles B 80,000 1956 9,000 ♦1st gold 5* series C 1956 1,159,000 Internet Hydro El deb 6s.......1944 165,000 Int Merc Marine 1st s f 6s 1941 324,000 Intern Paper con? 5s series A...1947 141,000 Refunding 6s series A........1955 3.000 Int Rya of Cent Amer 1st 5s B...1972 27,000 First lien Ac ref 6 Ms .-.--1947 586,000 Internet T Ac T deb g 4M« 1952 Conrertible debenture 5Mt—1939 1,851,000 Deb gold 5s 1,034,000 .1955 102% 39 120 Sale 41 t+Indlanapol ft Louis? 1st gu 5sl956 Indianapolis Union Ry— Ref & Inapt mtge 3M* •«* B—1986 M S 105 105% 197,000 Inland Steel 3%* series D—...1961 F A 108 Sale 521,000 ttnterboro R T 1st Ac ref 5S.....1966 J J 95 Sale 159,000 ♦Certificate* of deposit 93 M 95 175,000 49 Sale' •♦15-year 4% notes. 1933 AO 27,000 ♦Certificates of deposit........ 44% 46% 273,000 94% 96% ♦♦lt-year 7% notes..—......1932 MS 83,000 89 % ♦Certificates of deposit,..— 92 324,000 Interlake Iron con? deb 4s—...1947 AO Stampsd extended to .......1943 102 Sale Sale Ask Sale "93"" 104% July 31 Ash Bid Bid 124 111 Cent Ac Chic St L Ac N O— 233,000 Joint 1st Ac ref 5s ser A——1963 M Ms series C 63,000 1963 55,000 Illinois Steel deben 4 Ms...—-1940 lad Bloomlngton Ac W 1st 5s....1940 Ind 111 Ac la 1st gold 5s July 1 1937 N. Y. STOCK EXCHANGE $ 87,000 Houston Oil sink fund 5 %• A—1940 217,000 Hudson Coal 1st s f 5s aorta* A..1W2 15,000 Hudson County Gss 1st 5i 19*9 309,000 Hudson A: Manhat 1st k rsf 5s A. 1957 ♦ Adlvat Incorns 5s Fab 1957 449,000 111,000 Illinois Bell Telep 3 Ms set B 1970 2,000 Illinois Control 1st ft 5s.-.——1951 2,000 1st fold 1Mb 1951 &x tended 1st 1 3%a_. 21,000 1951 1st gold 3s sterling...........1951 50,606 Collateral trust gold 5s.......1953 209,000 Refunding 4s...............—1955 12,000 Purchased lines 1st 3Hi 195? Coll tr g 5s_..................1953 102,000 45,000 Refunding 5s.............—1955 521,000 it-year 4 Ms 195# 1,000 Cairo Bridge gold 5s..........19** 1,000 Litchfield Dly 1st g 3s.......-1951 7,000 Louis? Dl? 3c Tor g 3%« *953 Omaha Dlr 1st g 3s..........1951 St Lou Dl? Ac Term g 3s 1951 19,000 Gold 8 Ms 1951 Springf Dl? 1st g 3M> 1951 Western Lines 1st g 5s 1951 28,000 RANGE SINCE JAN. 1 Jan. 2 _ 11",000 EXCHANGE—BONDS 103 Q5 108% 114 109% June 112% Apr. 101% May 14 102% June 9 102 Apr. 22 111% Jan. 13 102% May 17 12 98 June 28% July 30 25 June 30 July 22 60% July 12 60 July 7 50% July 9 49 July 27 90 Mar. 30 101 100% July 1 26 96 56% Mar. 13 56 Mar. 12 49 July 22 July 27 49 18 50% May 13 Jan. 70% Jan. 70% Jan. 25 25 16 68% Jan. 14 70 23 Jan. Lake Erie & Western RR— 21,000 3,000 72,000 456,000 98,000 22,000 1,000 3,000 1,000 6,000 7,000 7,000 2,000 52,000 100,000 311,000 254,000 115,000 121,000 2,000 5s 1937 extended at ..1947 3% to 2d gold 5s ♦1st mtge income reg—Dec 31 9175 Lehigh Coal ft Na? 4Ms ser A...1954 Cons sink fund 4M* ser C—1954 Lehigh & New Eng RR 4s A 1965 Lehigh ft N Y 1st gu g 5s ...1955 Lehigh Valley Coal 5s .....1944 1st ft refunding 5s.. .....1954 1st ft refunding 5s............1964 First ft ref sinking fund 5s 1974 Secured 6% gold notes AO M 6 F A 75% F 72% 76 99% 100% 104 % 105 M 102% Sale 1944 A O 1951 For footnotes, aee page 30. 99% 100 76% Sale F A .—1962 MN ... 105M 91% 93J ..... F Leh/ Vail Ter Ry 1st gu g 5s.....1951 A O Lex ft East 1st gu 5a ........1965 A O Loew's Inc s f deb 3Mo.—..1946 42,000 Lombard Blee 7s series A.......-1952 Long Dock Co 3%s ext to——1950 .1938 ~9", 000 Long Island gen g 4s. Unified gold 4a —.....1949 15,000 Guar ref gold 5s..............1949 101,000 4s stamped ...1949 117,000 1944 22,000 LorlUard IP) Co deb fa.. 5s 1951 32,000 227,000 Louisiana ft Ark 1st fa eeriea A—1969 Sale Sale F ....1938 J 215",000 ..... 31% Sale Leh Val (Pa) gen con g 5s ......3053 MN Gen cons 5Mt................3053 MN Gen con sol 5s ..2003 MN Little Miami gen 4s series A 108 105 104 Leh Vail Harbor Term 1st 5s.... 1954 F Leh V (N Y) 1st gu g 5 Ms 1949 J 26,000 Liggett ft Myers Tobacco 7s 5s 44,000 98 June 30 7 99% July 21 99% 98% 99% 98% July 99% June 9 104% July 21 105 July 27 100% May 26 106% Feb. 27 100% 104% 100% 104 98 Mar. 22 109% Jan. 15 101 102% 103% 101% July 19 103 July 29 102% . 106 M— 1941 Lake Shore ft Mlrh Sou g 3MS—-1997 ID Lautaro Nitrate Co Ltd— F A J D AO JD M B M b M 69 75 % 80 70M 136 125% 108 101 69 106 "95% Sale Sale 103 M 104M 108 105% Sale 34% Sale 95% Sale 92% 90 101 75 102 81% 98 97% 63% 95% 60% 59 Sale 57 59 54 Sale 58% 97 51% Sale 94% 95 100 101 54 Sale l55% Sale 98% 97% 51% Sale 55% 54% 63% Sale 105% 105% Sale Sale 63 Sale 106% Sale 119% Sale 120 Sale 122 130% 131% 130% Sale 123 Sale 124% Sale Sale S Sale 73 101 i§r* 135" 124 99 126 Sale 31% July 94 July 92 July 100 July 81] July 95! July 59 July 54 July 51% July 95 July 100 July 97 % July 51% July 55% July 62% July 104% July 119% July 129% July 121 July 35% July July July July July 955 July July 631 July 571 55 July 95 July 101 July 101% July 57% July 61% July 67% July 106% July 121 July 17 31 31 31 8 1 21 30 30 1 13 19 12 131 14 125 26 July 26 16 Jan. Jan. Feb. 30% June 22 35% 27 IV* Apr, 27 106% 90 Apr. 104% 1 100 1 105% July 27 81% July 27 94% 17 95% July 17 100% 7 59 July 31 78 2 9 16 8 Sale 105 99% Sale 80 73 102 98% July 73 102% 100 1032 103 Sale 101% Sale 103" Sale 100% 102% 103 126% Sale 127% 128 119% 120 Sale 87% July "l 1 Sale 89 July'"10 6 98 1 97% July July 100% July 102 July 126% July 118% July 84% July 9 2 7 1 16 1 June ,8 50 June 8 53 June 10 1 77 75 12 17 28 13 6 6 Jan. 6 4 100% Feb. 4 Feb. 2 107 5 21 103% Feb. 18 72 29 Feb. 11 29 76% Feb. 10 1 86 Feb. 11 31 12 5 fi July 7 July 29 Jan. 129% Apr. 16 136 117 Apr. 7 126% Jan. 7 13 100 July 26 73% July 27 102% 103 % 103% 103% 130% July 31 Jan. Jan. Jan. Jan. 15 62% July Jan. 104% July 13 109 116 Apr. 14 129% Jan. 105 102, 103% 54 Si*" July 95 June July July July July July 120 July 90% July Jan. Jan. 14 14 108 Mar. 23 2 101% Jan. Jan. 2 79% Feb. 19 101% June 25 106% Jan. 13 Jan. 25 101% Apr. 14 Jan. 7 102% May 5 108 100 Mar. 19 106% Jan. 23 Mar. 23 104% Feb. 25 1Q0 Jan. 11 126% July 1 135 Mar. 24 124% Jan. 5 108 102% 103% 102 3 nM 1 12 96 ' 29 93 % 1 100 27 811 108 _ A O A 93% 108 F J Sale 81 Sale 81% 85 108% 109 129 130 135 % 95 91 100 VJa 82 June 29 100% Jan. 22 N. Y. STOCK 36 BONDS Value H. T. STOCK EXCHANGE Jan. 2 1937 hfl. Bid % 61,000 Louisville Gas & Elec 3%« 1966 1945 A Jeff Bridge «u ( «■ Ask M S M 108$ ii2H ::::: 156% S B._........2603 1st Ac ref 414s uerles G 2063 1st Ac ret 4s ser D 2003 1st Ac ret 3%x aeries E 2003 Paducah Ac Mem DIv 4s.......1946 St Louis Dlv 2d gold 3s 1980 Mob At Montg 1st g 4%a 1945 4*2",600 8outh Ry Joint Monon 4s.....1952 21,000 Atl Knox At Gin dlv g 4s 1955 2,000 Lower Austrian Hydro-EIec IHi-1944 45,000 127,000 58,000 58,000 42,000 104,000 320,000 96,000 9,000 10,000 2,000 109 % 1st Ac ref 5s series A........1960 M S F 114 A 90 ■99"" 93 D O 34% 32% 28% 19 2613 1 D 1953 Manila El Ry ft Lt 1st 5s M 87% {♦Man G B At NW 1st gu 3tts.._1941 I IP *91% 78% 65% 8 4s—1939 MN 1959 MN J 28,000 A 1 Namm A Son 1st 6s ...1943 I D 35,000 Marlon Steam Shovel s f g 6s 1947 A O 47,000 Market Street Ry 1st 7s Apr 1940 Q J 42,000 Mead Corp 6s with warrants 1945 MN 286,000 Metropolitan Edison 4 Ha ser D..1968 17,000 Met Water, Sewer A Drain 5%a_.I950 ♦{♦Met West Side Elev (Chic) 4s. 1938 M 90 73 37 40 Mfrs Trust Co ctfs of partlc In 8 4° F A 97 98 103 98% 99 105% Sale 88% 90 99% 101% 104% Sale 109 104 106% Sale 102% 105 102% 102% 105 12% Sale ♦♦Mil A Nor 1st ext 4Hs (1886)-.. 1934 J 2% 1 D 57*666 {♦Milw A State Line 1st guar 3Hsl941 126,000 ' ......1949 M ♦Ref A ext series 5s A 1962 Q F 1938 J J .1938 2 J J J 1st cons 5s 1st cons 5s gtd as to Int...... .1938 J 1946 J 1st A ref 6s series A...., st Chic Term a f 4s ...1941 M N 24,000 {♦Missouri-Illinois RR 5s ser A-..1969 2 J 149,000 Mo Kan A Tex 1st g 4s.........1990 2 D 100,000 25,000 519,000 710,000 81,000 218,000 28,000 482,000 477,000 48,000 1962 2 J J ..1978 2 J Jan 1967 A O 46-year 4s series B_...........1962 J Pr Hen mtge 4Hs ser D ♦Cum adjust 5a series A {♦Missouri Pacific RR Co— ♦1st A refund 5s series A.....1965 F 8 ♦Certificates of deposit.... ♦General 4s 83% 98% 94% 57 Sale 49 Sale 94% 95 86%Sale 84 72 74 85 72% 75% 70% Sale 75% Sale 63% Sale 69% 63% Sale 44 Sale 34% Sale 16% Sale" 44 Sale 43 16% 33% 33% 34% 32% 11% 34% 1975 M ♦1st A ref 5s series F 1977 M N 8 42 ♦Certificates of deposit.... A ret g 5s ser G__ .....1978 ♦Certificates of deposit. MN 1949 M O ♦Convertible gold 5Ha ♦1st ref gold 5s series H 1986 A A ♦1st A ref 5sser I..... 57,000 .....1981 MN ♦Certificates of deposit 44% Sale 43 Sale 13% Sale 44 Sale 41 ♦Certificates of deposit...... 487,000 00 —- ♦ 1st 102,000 ♦Montgomery Dlv 1st g 5s ....1947 146,000 ♦Refunding A Improv't 4Ha ..1977 62,000 ♦Sec 5% notes .....1938 38,000 Mohawk A Mai 1st gu g 4s 1991 23,000 Monongahela Ry 1st M 4s ser A..1960 Sale" Sale Sale Sale Sale Sale Sale 32 r 44 41% .... Mo Pac 3d 7s ext at 4% July 193S {♦Mobile A Ohio gen gold 4s 1938 87% July 96 July 20 July 23 98 7 113% July 21 112% July 6 99 July 6 99 July 97 113% 97% 3 Jan. 103% July 19 105% July 29 7 105% July 13 102% July 105 6 104 July July July July 63 63 68 42 32 35 30 14 2 6 2 16% July 15 a92 July 30 a90 July 13 16% 92% 83 Ts2 105% July 13 105% Jan. 20 86% Feb. 23 12 12 14 13 July Jan. Jan. 53 33% Jan. 30 Mar. 92% June 16 13 Jan. 90 June 22 If* Mar. 6 Jan. 11 June Feb. July 1 July 21 July 23 July 16 106 3 102 J July 28 July 104% 104 July 6 104% July 30 108% July ""8 July 14 43 July 23 103% July 31 103% July 31 108% July 24 103% July 23 July 28 30 July 30 97% Jan. 8 103% 87% June 15 100 99 May 12 103 103% May 18 107% Sale" 34% Sale 43% 32 —~ 99% 100 J 2 32 97 M S 45 48 F A 32 Sale M 8 31% Sale M S 96% 98 M S M N 111% • 38% 29 28% 95% 83% 40 Sale 30 85 Sale 108 Sale ...........1960 A O 108 Sale .........1965 A O 1st mtge 4H8 102% 104 108 Sale 102% 68 debentures Montana Cent 1st gu g 6s... 1937 1st guar gold 5s.. .....1937 J I 241,000 Montana Power 1st A ref 3Ha...1966 J 53,000 Mont Tram 1st A ret 5s series A..1941 J General A refunding 5s A 1955 A Gen A ref 5s series B ...1955 A Gen A ref s f 4Hs ser C 1955 A . _ 106 Sale Sale 63 ..... 56% 85 76 66 66 9 Mar. 3 25 Jan. Feb. 25 4 109% Feb. 1 100% Mar. 9 104% Jan. 9 11 May 26 16% Jan. 27 3 May 10 5% Jan. 8 106 June 24% June July 30 28 103% Mar. 25 105% May 21 36 32 83 90 Sale Sale Sale Sale 38 35% 11% Sale 39 35% 37% Sale 36% Sale 39 Jan. 57 Jan. 9 llH Mar. Mar. 8 1 11% Jan. 2 19% July 2 18 July July 23 10 8 2 4% June 3 June 8% Mar. 14 1 July 1 July 19 July 30 July July July July July 30 July _ July 34% July 34% July 33 2 17 4 Jan. 7 Jan. 7 Jan. 28% Jan. 2 8 32 20% July 16 July 14% July 82% Apr. 30 95% Jan. 25 June 18 48 Jan. 95 June 18 61 % Mar. 11 5 96% Jan. 20 79% July 14 68% July 15 70 July 15 69 July 9 73% June 29 63% June 28 69 July 14 88% Feb. 19 63% June 30 80 39% July 37% July 18 July 40 July 37% July 40 Ju y 37% July 13% July 40 July 37% July 40 July 36% July 22 26 31% June 29 2 22 88 . 84% June 76 28% 30 86 88% 85 41% July 33 14 June 23 48% Jan. 22 45% Feb. 19 June 29 24 3U June 30 June 30 49 Mar. 8 Jan. 22 31 47 Jan. 22 22 31 June 30 28 48% Jan. 45% Jan. 22 20 7 1 32% July 10 June 29 22 31% June 29 22 32 22 31% June 29 30 June 29 27 "2 31 32 1 107% July i04"* ::::: June 26 183 48! 46! 493 47 Mar. 1 100 93 Feb. 4 97 38% July 30 543 27% June 29 393 29% July 17 39! 84 June 30 983 105 Mar. 19 111 ... MN Mutual Union Tel 5s... 93 86% 82% 86% 82% 93% A St L 1st 4s A..1978 Nash Flo A Sheff 1st gu g 5s 1937 F A F A 53,000 Nassau Elec guar gold 4s stpd...1951 2 J National Acme 4%s extended 1946 J D 552,000 National Dairy Prod deb 3%s w w *51 M N 154,000 Nat Distillers Products deb 4H8.1945 M N National Feb. 19 Jan. Jan. Jan. 22 21 22 Jan. 22 Jan. 4 6 Jan. Feb. 20 Feb. 19 Feb. 17 Jan. 12 Jan. 9,000 ♦4H s Jan 1914 coupon on. ..1957 J ♦4Hs July 1914 coupon on ..1957 J #4Hs July 1914coupon off ..1957 J ♦Assent warr A rets No 4 on. 1957 ♦Assent warr ♦Assent warr ... J J J 1 14 ..1977 A O 1977 A O 90% 91 100% 38% Sale 101 108 Apr. June 110 102 102 99 £ 104 91% 92% 45"" "42"' Sale 101 104 Sale 105% 106 100 Sale Apr. 98% June 92 83 85 Jan. 86 79% May Apr. .... 104% 106% 106% 20,000 169,000 Nat Steel 1st coll mtges f 4s_.._.1965 J {♦Naugatuck RR 1st g 4s 3 3 ..... ----- 3 3 3 ..... 5% 4 Jan. Jan. Jan. 9 14 11 25 84 8 89% July 28 95% July 30 86% July 6 114% July July 16 July 20 July 27 July 1 91 July 2 94 July 15 38 July 12 42 July 2 161% July" 104 104% July 106 July July 27 13 3 21 8 Feb. 25 Feb. Jan. Feb. 97% Jan. 7 15 9 102 97 Feb. 3 Feb. 5 119 Jan. 111 Jan. 4 14 84 Jan. 85% Apr. 92 Jan. 80% May 80 June 82% June 112% Apr. 106% June Jan. 90 June 16 98% Jan. 22 4 100% Apr. 10 102% Jan. 38 63% Jan. 13 July 12 7 95 Jan. 29 100% June 2 Jan. 99% June 28 107 5 103 Mar. 12 106% Jan. 2% 2% 3% 2% 2% % 2% 2% 3% 105 70 see page 3 3 4 4% 107% Sale 72% 80 D 122% 124 30 J 4 4 5 3% 5% Sale D J § 4 4% Sale J 1954 M N 7,000 Newark Consot Gas 5s 1948 J 2,000 {*New England RR cons 5s guarl945 J ♦Cons guar 4s.... .......1945 J For footnotes, ■ 4%s— A rets No 4 on...1926 J ♦48 April 1914 coupon on .....1951 A O *4s April 1914 coupon off 1951 A O ♦Assent warr A rets No 4 on. 1951 94% July 27 99% July 17 ..... 167*" Sale" 101% 4% Sale A rets No 5 on. 1977 Nat RR of Mex prior lien ----- 92% July 99 July 87% Sale 93% 92% 94% 95 84 Sale 84; 83% 82% 114% Sale 114% 115% 114% 111% 97% 98 102% 102% 60% 62 100 Rys of Mexico— ♦48 April 1914 coupon on *4s April 1914 coupon off 40,000 Sale Sale 99% 102% 79% 86% 82% 79% 88 89% 106 ------ 30,000 88 94% Namm (AI) A Son—See Mfrs*Trust Co 66,000 Nashville Chat ------ 92% Sale 99% 98% 80 119 1955 27 1 lOO'HzJune 100*32 May 84 1947 MN 1941 M N B.. 4,000 Mutual Fuel Gas 1st gu 5s .. 2 O O O 6 105% July 9 102% July 102% July 105% 106 101 102% 101% July 18 22 July 7 July 9 88% July 28 July 6 109 9 July Feb. 79% Mar. 4 Feb. 19 99 27% 1 Jan. June 7 July 15 July 13 59 _ 29 38% July 30 27% July 27 29% July 17 107% 109 99% Feb. 25 91% Feb. 24 9 46% Jan. 9 14 9 95% 83% 36 27 July May 77 7 July 95 34% 35% 15% 33% 33% 34% 32 % 10% 34% Jan. 105 105 85 32 July July July 4% July 4 July 19% July 18 July 20% July 16 July 14% July 82% July July 63% July 69 July 63% July 6 9 7 Jan. 4 June 21 90% Jan. 57 12"""July 76% 66% 71 67 30 Jan. 108 June 12 7 July July July July July 57 July 85% July 110% Jan. 104% May 101 Apr. 41% July 100 Apr. 99% July July July July 98% 60 86 37% 36 15% 37% 36% 77 102% 103 101% 102% 1955 A O 96 Sale 2006 J D 1955 M N 100% Sale 1 ser J Sale 84 nGen A ref s f 5s ser D J4b,000 Morris A Essex 1st gu 3Hs 9k nffi Con,tr M 5« ser A 145,000 Constr M 4Hs J D 13 June Monongahela West Penn Pub Serv— 89,000 30,000 4 Jan. Jan. 90 June 107% Sale Jan. 106 Apr. July May May July 65% 7 103 102% 103% 102% July 88% July 6 97% 89% 95 99% July 29 101% 99% Sale July 1 105% 104% Sale 104 Jan. 108% Jan. Mar. 2 27 29 23 23 23 July 80 July 70 July 71 July 46% July 41% July 21 July a92 July a90 July 5 2 4 Jan. 4 Jan. 7 Jan. 18 Jan. 23 115 Feb. 5 2 100% Jan. 115 Jan. 14 99 23 June 23 111 May 15 2 102% July 77% July 19 18% 19 22% Sale 15 18 13% 15 83 Sale Mlssour-Kansas-Tszas RR— Prior lien 5s series A.. "90"" jt Sale 25-year g 5 Ha 1949 M 8 1st ref 5Hs series B ........1978 J J MStPASSMA Gent Term 313,000 128,000 17,000 177.000 89% TM 8 M St P A S S M 4s stpd guar 6% Apr. 8 9% Apr. 27 6 Apr. 24 0% Apr. 28 5% Apr. 13 5% Apr. 30 0% May 3 4% Apr. 15 9% Apr. 20 ..... J ♦tat A refund gold 4s 23,000 121.000 8,000 19,000 86,000 July 28 July 13 July 16 July 22 July 29 July 23 93 ...1934 MN {♦Minn A St Louis 5sctfs 5% Mar. 23 109% Jan. 110 77 34 6,000 Con ext 4Ha...............1939 64,000 {♦Mil Spar A N W 1st gu 4s 1947 M 8 29,000 30,000 107% July 13 92 94 109 1939 1st ext 4Ha 106% July 104% 104 105% 99% June 28 102% July 31 Mar. 10 112% Jan. 4 106 107% July 108% Sale 104% Sale 103% July 99% 97% July 98 • 91 % July 93% 95 107% July 109 107% Sale 100% 102% 11% 2% 4% 2% ----4% 28 25 28 23 108 7 102% July 31 13 108% July 8 13 16 2% ♦4s (Sept 1914 coupon on).....1977 \i"s J D 1,000 ♦Mlag Mill Mach 1st s f g 7s 1956 Michigan Central-Detroit A Bay 13,000 City Air Line 4s .........1940 I J M S Jack LAS gold 3 Hs 1951 "i",666 1st gold 3 1952 MN I J 58,000 Ref A Imp 4Ha series C 1979 12,000 Midland of N J 1st ext 5s .1940 A O 163,000 Milw EIRy A Lt 1st A ref 5s ser B1961 f D 163,000 1st mtge gold 5s ...1971 J J Sale Prices 107% ----- 108% July 104% Sale 103% July 41 % July 41% 60 102% Sale 100% July 99% July 03% Sale 77 ----- 109% ....1977 ♦Mex Internat 1st 4s asstd 63 38* AO ♦Certificates of deposit. ♦id 4s Highest Sale Prices Sale 100% July 108% 109% 107% July 104% 103% 102% 103% 103% 78% 1 77% 68 57% 65 D A {♦Manhattan Ry (N Y) con g 4s..1990 Sale Sale 103% N J Lowest Sale Prices 112 "97% 100% Sale MN f 714s 1942 ♦Certificates of deposit....... 1st ext 4s Sale "88% 115% J J s Manila RR South Lines 1st Sale 96 deb 5s—1951 VI 1950 J Central RR 4s series A....1945 Gen mtge 434s series 109 Sale 111% McKesson A Robblns deb 514s ♦{♦Manari Sugar 1st 106% Sale Sale 108% 108% 103% Sale 97% Sale MN McCrory Stores Corp s f Maine Sale 111 1*40 Unified gold 4s Highest Sale Prices Ask Ask Bid 102 % Bid Lowest July 31 July 1 Louisville & Nashville RR— 141,000 121,000 168,000 254,000 321,000 26,000 23,000 RANGE SINCE JAN. 1 PRICES IN JULY Price Sales in July 24,000 l.-»u EXCHANGE-BONDS 70 65% 78 69% 119% ..... 4% ?c'": - -r--. 2% 2% 3% 5% 2% 2% ----- ill- 62 60 '55'" 3% July 31 ""4" ""July "36 3% June 29 4 Mar. 31 Mar. 31 6% Jan. 4 9 Mar. 31 4% 3% July 2 3% July 16 3% July 2 6% Jan. 15 6% 4% July 6 5% July 16 4% July 6 7% Jan. 4 106% Apr. 29 Mar. 31 Sale 4 Sale 86 Apr. 29 Sale 3% July 9 106% July 29 3% July 104% July 84 119% 118% 119% July 57 64 55 July 29 55 July' July 29 6 3% June 21 102% Apr. 8 107% 93% 77 Jan. 5 118 May 7 122% 82 55 July 31 55 June 28 74% 11 Jan. 18 Jan. Jan. Jan. 2 23 14 Feb. 1 Feb. 2 Sales in July Value 1,160,000 170,000 29.000 41,000 317,000 793,000 207,000 158,000 125 124 Sale Sale 125 h 119$* F A 107$* Sale A O J J J 95 82 Sale J Ask Highest Lowest Highesi Sale Prices Sale Prices Sale Prices Sale Prices A O 100 Sale D 99 99 J J J A C FA 48 ?7 $* 100 a July July; v j 8 125$* July 12 2 120$* July 29 105$* July 85 July 73 July 94$ July Sale 94 July Sale 91 July 48 July 49 July 54* 48$* July 50 July 55 47$* July Sale 53$* July 59 51$* July 89 Sale Sale 76 91$* 100 X 47 O A 124$* 125$* 124 121$* 119 Ts* 82* 77 98$* it* 8* 92$* 49$* 56$* 50 Sale 52 52 Sale 5 l&i: 52 59$* 64 A O 50 h 1945 i"~j 111$* A_.1998 FA July July July July July July July July July July July July July 1946 2013 2013 1952 Con? secured 3]*s 51h 104 h sale A O O 103 x 95 Sale A A O 101$* Sale N T C at H R g mtge »H* Debenture 4a of 1912 Ref 8c impt. AH* aeries Lake Shore coll g 3 H* 101 103% 108% 108 X ..1942 95 A...—2013 Sale 98 96$* 102 % 102 H 103% Sale 95$* Mich Cent coll g 3 H* N Y Chic At St Louis 1st g M S 94 A O 98$* 1946 F A AH* A—1953 F A 1st gtd 5s series B........ 1953 F A 4s.........—1951 .....1938 F A A O Certificates of deposit N Y Edison 3%* series D 1st lien & ref 3%* series 1965 AO 1966 A O E 87$* 96$* 98% Sale 11* 101 97 97$* Sale 103$* 103$* 102 88$* 88$* 87$* 98$* Sale 96$* 106$* Sale 106$* 98$* Sale 104$* 106 88 Sale Sale 91 Sale Sale 90 Sale Sale Sale 99$* Sale Sale 90$* 100<932101$* 97 Sale 84$* Sale 99 99$* 104$* Sale 108$* 109$* 109$* 56 58$* 92 Sale 4 103 101 101 June 48 June 18 46 51 Jan. Jan. 22 13 Jan; 27 47 110 84 94 104 Apr. 20 103 Jan. 16 9 109$* June Apr. Mar. 105 Jan. Jan. Jan. Feb. Jan. 102$* Jan. 105 Feb. 95$* Feb. 100$* Mar. 88$* Apr. Apr. 100,932July 92$* June 80$* June 97$* July 100 Apr. 106 Mar. 20 108$* 96$* 98$* 97$* June 88 23 18 5 11 5 8 6 31 4 105$* Feb. 109$* May 24 Jan. 109 Jan. 55$* June 72$* Jan. 5 21 55 72 22 June Jan. 56$* June 14 55$* May 97 Apr. 97$* Apr. July July 12 23 96$* Jan. 104$* June 15 13 J. 106$* Jan. June 85 Apr. 104$* July Apr. 99$* Apr. 94 60 55$* Mar. 5 62$* Mar. 31 June 28 57 Apr. 5 Feb. 19 113$* Jan. 25 95 109 60$* July July 4 90$* May 21 100$* Jan. 21 4 4 51 $* Feb. 48 June 28 59$* Mar. 31 46$* June 18 54$* Apr. 21 July 106 July 90 July July July 101 July 98$* July 87 July 99$* July 105$* July 109 July 60 Mar. 85$* Feb. 9 5 103$* Jan. 22 44$* Jan. 98 108$* Sale 108$* 56$* "57$* "57$* july' 57 58 55$* July 59$* 56 64 55$* 55$* 60 101 Sale 100$* Sale 100$* July 100$* Sale 101$* 101$* 100 July 98 June 26 99 July July 22 July 104$* July 23 90 July 20 July July 99$* July 13 July 29 109 July 96$* July 105$* July 87$* July 89$* July 89$* July 100,932July 95$* July 82$* July 97$* July 103$* July 108$* July 127$* Jan. 25 7 125$* Jan. 21 May 24 Apr. 16 101 Mar. 23 107$* Jan. 5 Apr. June 28 ..... 68 65 105"" Sale" 105 h Sale Sale 96$* Sale 105$* 106 87$* Sale 104 108"" -IIII 108$* 67$* 63 $* Sale 84 Sale 4s collateral trust N Y Dock 1st gold 97$* Sale 102 107 MN J997 1998 1998 4a.—1937 Refunding 5H* series A......1974 Refunding AH* aeriea G 1978 3-year 6a ...........Octl 1938 Sale Mar. 23 92$* June ..... 22',000 110,000 Lowest 104 D N Y Connecting 1st gu 169",660 Ask Bid UN J I* 10-year 3H* secured a f Ref At Inapt AH* series A Ret Ar impt 5s aeriea C Serial 5s g notes July 31 Ask A 47,000 41,000 July 1 1937 Bid 'MP ■: 414,000 78,000 776,000 RANGE SINCE JAN. 1 Jan. 2 it •5 ft. F Npt 8c Cln B pen «u a AH* New York Central RR— Conaol 4a series 37 PRICES IN JULY Price bonds M. Y. STOCK EXCHANGE $ 47.000 New England TAT 30-yr 6a A—1952 53.000 lat a AH* aeriea B .......1961 N J Junction RR go lat 4a——1986 47",666 N J Pow & Light lat AH* --I960 16,000 New Orleana Great Nor 6a aer A..1983 12,000 N O & N'eastern ref AH* aeriea A.1952 85,000 New Orleana P S lat Ac ref 6a A—1952 lat 8c ret 5a aeriea B_.—......1955 160,000 166,000 New Orleana Term lat 4a guar... 1953 12,000 {♦♦N O Tex & Mex Income 5a 1935 134,000 ♦Firat 6a aeriea B —.1954 13,000 ♦Certificates of deposit......— 49,000 ♦lat mtga gold 5a aeriea C 1956 39,000 ♦lat AH* aeriea D.......——1956 257,000 ♦Flrat 5H* aeriea A ..—1954 15,000 ♦Certificates of deposit.... 546,000 374,000 611,000 860,000 EXCHANGE—BONDS N. Y. STOCK aug., 1937] 105$* Jan. 105$* Jan. 6 2 125$* Jan. 15 U7$* Jan. 16 N Y 8c Erie—See Erie RR. 15,000 45,000 9,000 1948 J N Y Gaa El Lt Ht Ac Pow 5s Purchase money coll tr g 4a—1949 N Y Ac Greenw L prior lien gu N Y 8c Harlem g IH* N Y Lack 8c Western 4s aer A , 37,000 t"N Y Suaq At West 1st ref g 5s .1937 ♦♦Second gold 4Ha ...1937 "7"OO6 ♦General gold 5a —.....1940 ♦Terminal lat gold 5a.........1943 178",000 N Y Tel 1st At gens I AH* 1939 5,000 N Y Trap Rock lat a f g As 1946 6s stamped 20,000 -—-—1946 169,000 86,000 10,000 90,000 184,000 79,000 11,000 27,000 ♦IN Y Westches At Bos 1st 4H*-1946 Nord Rys extl a ♦{♦Norfolk South lat At res 1,000 prior lien 102 106$* 108$* 109 J M 8 A O M 8 A O 41 35 A O 35$* 43 42 I J 63 Sale 26$* Sale 1 M N 46$* Sale 95 95$* M S 45 J 41$* Sale A O A O Sale "92$* "93$* 169,000 "8",666 J 105 106 103$* 104 J M N M N M N MN 106$* 106$* 107$* 106$* 107$* 106$* 107$* J J 92 Sale F A 90 A F M N 109$* Sale D 91$* i""i 17$* 109$* 106$* 103$* 94 A 24 MN 66$* Sale Sale Sale 80 A O 122 Sale F A 105$* 105$* S F A 105 Sale Sale M 8 M 8 A 104$* 106$* 105$* 126$* 118$* 121 81$* M MN 84 O A 111 Sale Sale J Sale I J J Sale 108$* 109$* 108$* 109 O 157"" Hill 102$* 104 Ohio Edison 1st mtge 4s......... 1965 MN 106$* Sale 25,000 138,000 6,000 303,000 348,000 242,000 J J 1st mtge 3^8 Sale 1972 J J Ohio Indiana Ac West 5a—Apr 1 1938 Q-J 104$* nm Ohio Pub Service 1st At ref 7a..1946 A O 112 Sale F A 111$* 113 F A 114 M N J D J J J J J J Oslo Gas Ar Elec extl s f g 5a 1963 M S Otis Steel 1st mtge AH* A 1962 J D Pacific Gas Ac El 4s ser G ....1964 J D H—1961 J 1—....1966 J D 113$* 114$* 113$* 114 120$* 123 124$* 106$* 107$* 101$* J Pacific Coast Co 1st g 5s........ 1946 J Sale 1st Ac ref mtge 3$*s ser 1st Ac ref mtge 3H* ser For footnotes, see page 30. D 75$* "76$* 110$* Sale 107$* Sale 100 25 26 1IM if* - 36$* M 38 39$* Sale 52 58$* 19$* 39$* Sale 91$* 94$* 10 60 July July July July July 33 35 34$* 34$* 34$* 33$* July July 30 July July 38$* July 35$* July 37$* July 37 July 42$* July 64$* July 21$* July 42 July 94$* July 22 July 14$* July 100$* July 83$* July 104$* July July 8 34 117$* 105$* Sale 101$* 104$* 104 103$* Sale 104$* 104$* 101 Sale 103$* 104$* 120$* 124$* 120$* 124$* 120 120 122 102 July 103$* July 100$* July 120 July 119 July 104 July 31 July 23 103$* July 29 120 July 26 120 July 8 72$* 27 24 :> 80 72$* 37$* Feb. 19 55 71 19 29 11 15 11 21 8 105$* 108$* 108$* 107$* 107$* Jan. 6 Mar. 2 Apr. 16 Feb. 4 Jan. 26 92* Jan. 2 Jan. June 7 Jan, 8 98 Jan. 8 Jan. 11 25 26 Jan. Jan. 22$* Feb. 19 5 109$* Jan. 9 107$* Apr, 104 Feb. 4 109$* Feb. 15 32$* Jan. 21 23$* Jan. 31 Mar. Jan. 82$* May Jan. 18 7 2 16 Apr. 102$* June 122 101 105$* Jan. 106$* Jan. 8 2 Feb. 13 Apr. 9 101$* Apr. 7 99$* Mar. 17 120 July 26 119 July 28 87 Mar. 15 107 125$* Mar. 120 83 87 1 June 18 Jan. 23 Mar. 19 July 81$* Jan. 16 112$* Jan. 12 82 $| Jan. 2 106 Jan. f 5 Mar. 112 Jan. 110 109$ 104 Jan. June 6 13 6 3 100 Feb. 27 105$* May 3 20$* 109$* 101$* 97 % May Jan. Apr. June 109$* 109$* 110$* 107$* July 113 June 112$* Jan. 20 Apr. Jan. June 115 115 6 8 72$* 101$* 69$* 94$* 109$* July July July July July July July Jan. 106$* Jan. 72$* June 30 72$* ----2 105$* 103$* July 105$* Sale 73 75 Sale July 16 75 1 Sale 97 J* July 95$* 96$* 94 2 110$* July 110$* Sale 110$* Sale 110 Sale 100 99 100 100$* July ,1 102 1 102 100 100$* 100 July 100$* Sale 7 104$* 104 July 104$* 105$* 104$* 107$* 107$* 100$* July 28 103$* 102$* 103$* 100$* 102 Jan. 69$* 106$* 109$* 94$* Apr. 106 Apr. 100 July 97$* July 75 Sale 30 95 11$* Apr. 22 18 109$* Jan. 100 69 112 17 Feb. 99$* Jan. Apr. 89 Feb. 18 18 16 7 46$* Jan. 42$* Jan. 18 101$* Mar. 16 29$* July 79$* Mar. 19 July 100$* May 106$* Apr. 83 105 Sale 9tl July July July July July July July July July July July July July 80 83 Feb. July 104$* July 102$* June 98$* June 98 June 106$* July 83 July 89$* July 12 July 102$* July 106$* July 100 July 97$* July 25 July 23$* July 80 July 115 July 102$* July 107$* Feb. Feb. 60 104 9 100 47 May July Apr. 8 103 1 45 June July 104 Mar. 46$* Feb. 19 44$* Feb. 16 47$* Feb. 20 Apr. Apr. 20$* July 107$* 84$* 90$* 13$* 47 June 90 Sale 83 4 July July 107$* Sale 82$* 84$* 87 89$* 90* Sale 12$* 12$* Sale Sale 103 103$* Sale 107 107$* 106$* Sale Sale 100 102$* 103$* 94 99 101 98$* 26 24$* 25?* Sale 25 23$* s** 23$* 83 80$* nm Sale 116$? 117$* Sale Sale 105 102$* 107 109$* Jan. June 19 105 28 8 July July July July July July July July July 29 106 1 106$* July July July 13 105$* July 1 105$* July July 29$* July June 99$* July 30 102 May 27 105$* Mar. 10 106$* Jan. 12 9 106 Apr. 23 108$* Jan. Mar. 23 98 Mar. 23 98 35 39 ~|9*I 97$* June 15 101$* Jan. 28 Feb. 6 99$* Apr. 9 107 94$* June 3 105$* Jan. 19 35 July July July July July 116$* Apr. 109$* Apr. 103 —.... 103$* 104$* 104 104$* 105 104$* 106 Sale 103 $* 105$* Sale 104$* 105$* 105$* 100$* 17$* 85 81$* J f 99$* July 14 97 97$* Sale July 6 98$* 103 103$* 103$* July 1 8 103$* 99$* 100$* 99$* July 30 101 105$* 105$* July 20 105$* 106$* 107$* 106$* Julyi 12 107 30 70 37 90 93$* 96$* Sale 109$* 107$* Sale 6 14 19 101 19$* 105$* MN J 97$* July .... 70 31$* 70$* 29 109 252,000 Ore-Wash RRAcNa? IstAcref 4s...1961 106 103$* Sale 100$* 102 100$* Sale Sale 62 98$* 123$* July 114$* July 1 July 64$* 56$* July 29 Sale 2 18$* July Sale 1 38 July 94 94$* July 21 Sale Sale 20 20 July 30 14 14 13$* 12$* July 13 Sale 1 100$* 100$* July 85 80 July 30 "83$* 80 2 104 July 104$* 104$* 104 103$* ..1944 J J 1957 MN 1st At ref 7s series B—........1947 62,000 26,000 Ontario Power N F 1st 5a........1943 12,000 Ontario Transmission 1st 5a.....1945 ..1946 35,000 Oregon RR At Na? con g 4a 30.000 Oregon Short Line lat ran g 5a..1946 1st guar cons 5s stamped......1946 4,000 94 20$* 12$* 100$* Sale Sale Ohio Connecting Ry 1st 4a......1943 M S 287",000 62$* 18$* 38 38$* 109 B.......2047 I G.......2047 J D.......2047 J 28,000 ♦Ogden At Lake Ch 1st guar g 4a.1948 39 W* M N 4s...1997 Q 1938 - MN D 35 35$* Sale 34$* Sale 38$* 38$* 40 25 Norwegian Hydro-El Nit 5H* 30 38$* Sale 47$* Sale O 99$* 97$* Sale 103$* I6i" 101$* 105$* 106$* 99$* -i.** 25 40 D 97$* 30 J A 96 40 J J 121$* 122$* 123 July 123$* 122 113 $* 114$* 113$* July u3$* Sale 38$* MN 5s A. 1961 F A Northern Ry of Calif guar 5a Sale J 106 N'western Teletf AH* extended 82",660 109$* 109$* MN J Gen Uen ry At Id gt 3s....Jan 2047 Q Ref At Impt 4Hs Series A.....2047 J Ref Ac Impt 6s Series Ref 8c Impt 5s Series Ref At Impt 5s Series 100 H 100$* 106 % 102% 103 N N ♦Certificates of deposit........... 745.000 Northern Pacific 1 MN 125$* 126 116% 117$* O 1950 t AH* 63,000 North Am Edison deb 5a aer A—1957 Deb 5H* ser B.........Aug 15 1963 55,000 Deb 5a series C No? 15 1969 96,000 3,000 North Cent gen Ac ref 5s ser A—1974 Gen At ref 4 H* aeriea A 1974 13,000 {♦Northern Ohio Ry lat guar 5a. April 1 1934 and sub coupons..1945 ♦Oct 1935 and sub coupons 1945 ♦Stamped as to sale of April 1 1933 to April 1 1935 incl coupons.1945 376,000 131,000 567,000 174,000 142,000 A Niagara Falls Power 3H* 1966 M S Niag Lock A Ont Pow 1st 5s A—1955 A O Niagara Share (Mo) deb 5$*« 1950 MN ♦{♦Norfolk Ac South 1st g 5s 1941 194,000 Norfolk Ac West R? lat con g 4s—1996 145,000 North American Co deb 5s......-1961 v D Ss.1946 MN 3000 M N 1973 13 3" 000 Guar AH* series B 26,000 1973 6,000 N Y L B At W Goal At RR BH* 1942 Dock 8c Impt 1st 5a...........1943 ; 1.000 10.000 V Y At Long Branch gen 4a.....1941 t*NY&N Eng (Boat Term) 4a—1939 {•N Y New Haven At Hartford— 9.000 ♦Non-con? debenture 4a......1947 1,000 ♦Non-con? debenture 3H*....1947 ♦Non-con? debenture iH* 10,000 1954 7,000 ♦Non-con? debenture 4e......l955 ♦Non-con? debenture 4s. .....1956 28,000 8,000 ♦Convertible debenture 3KS..1956 159,000 ♦Convertible debenture 6a.... 1948 ♦ Collateral trust 6a 1940 82,000 ♦Debenture 4a....... 143,000 —1957 ♦1st At ref AH* Mf of 1927 232,000 1967 ♦ larlem R Ar Pt Ghea 1st 4s 1954 16,000 192,000 {♦N Y Out At West lat g 4s 1992 ♦ General 4a .....1955 127,000 1,000 {♦N Y Pro? «t Boston gen 4s 1942 12,000 N Y At Putnam lat con guar 4a ..1993 57,000 N Y 8c Queens Bl Lt Ac Pr 3$*«—1965 New York Railways Corp— >y: 8,000 }Prior lien 6s stamped........1958 4,000 N Y At Rich Gas 1st 6s A 1951 97,000 New York Steam lat 6e aer A.... 1947 lat mortgage 5a...........——1951 140,000 lat mortgage 5a...............1956 232,000 m F June Mar. Mar. 99 July 100$* July 104 $4 June Jan. ----- 22$* Sale 21$* 108$* 104$* 98$* 102$* 110$* 111$* 111$* 110$* 108$* 117$* 118$* 111$* 111?* 112$* 112 111$* 111$* 111 109$* 109$* 111 117$* 118$* 106 Sale 23$* 22 July 2 24 July 9 July 13 107 Sale Sale 104$* Sale 98$* Sale 103$* July 98$* July 104$* July 99$* July 109$* 111$* 111$* 110$* 109$* 117$* 111 11 33$* Jan. 9 29 109$* Jan. 29 12 106$* Jan. 2 June 22 29 100 102$* 112"" 109 % 110$* 112 Sale 107 101$* Sale 101 91 90$* Sale 64 67$* 63$* 107 Sale 107$* 102$* Sale 103$* 98$* Sale 100 119 Sale 106 102 Sale 101 68 Sale Sale Sale 90$* 65 106$* 102$* 98$* July July July July July July July July July July July July July July July July July July July July July July July 92 > July 67 July 107$* July 103$* July 100 July 112 112$* 111$* 111$* 118$* 119$* 107$* 101$* 106 116 117 Mar. Feb. 1 Apr. 114 Jan 21 Mar. 121$* Jan Feb. 123 7 4 Jan. 103$* Apr. 99$* Feb. May July 107$* Jan. 15 6 102$* Jan. 92$* June 22 103 111 II* Mar. 82 Mar. 24 Jan. 99$* Mar. 107$* Jan. 94$* Apr. 100 $1 Mar. 4 4 1 ■fB-m v m its N. Sales in Y. STOCK EXCHANGE—BONDS RANGE SINCE JAN. 1 PRICES IN JULY Price July BONDS Jan. 2 Value N. Y. STOCK EXCHANGE 1937 $ Ask 13,000 pacific 4I......WM RR of Mo 1st wt *2d extended Cold 5a ------ „ 57,000 Pacific Tel 177,000 10334 104 Sale 1003 1003 * 1966 A O & Tel 3ks eer B Ref mtge 3k&series C_. 1966 Paducab ft Illinois 1st a f 4Ha..lW5 3,000 ♦{♦Pan-Am Petr (Cal) 1st a 6s--.1940 2,000 ♦Certificates of deposit... 77,000 Panhandle Eastern Pipe L 4s A--1952 Paramount Broadway Corp— 33,000 1st mtge s f g 3s loan ctfs. .....1955 J D - 101k 101k Sale "If 57 H J D -- 97 k July 100 k July 100 k July 97;1 98k Highest Sale Prices Sale Prices 98 July 12 97 k July 1 101 1 101 July July 10 12 99 k May 25 102k Jan. 99 Apr. 10 105k Jan. Apr. 9 104 k Feb. 42 k July 27 27 102k Jan. 7 4 4 5 104 J J ----- 98 97k Sale" 101k 101k 93 f * ______ _ Bid Lowest Sale Prices Sale Prices Ask Ask Bid Highest Lowest July 31 July 1 40 k r 47" '40 k 40k 42k 99k 'j- 42 Sale - e Sale M S 42 July "28 66 29 37 July 2 42 May 18 July 2 July 18 98 June 26 66 k 2 13 20 42 99 k July 98 k July July 23 65k June 25 Jan.* 58 7 7 28 57k Jan. July 99 k „„„ Sale 74 P A 65 67 65 k 69 July 75k Mar. 17 Paramount Pictures Inc— ___ 268,000 319,000 174,000 7,000 39,000 1.000 9,000 g f debenture 3ks conv 6s.1955 1947 debenture Paris-Orleans RRBxt s 1953 M 16134 Sale" spaullsta Ry 1st & ref 7s ser 38k A-.-1942 M 8 Pennsylvania Co— Guar 3k« tr ctfs series A—...1937 M S 1,000 100 >4 102 10614 107 Guar 3H« coll tr ctfs ser B 1941 Guar g 3Hs tr ctfs series C—1942 D 106 k D "2", 060 10734 10834 110 10654 Sale 99k Sale 105 k Guar g 3Hs tr ctfs series D—1944 MN 3,000 40-year guar tr ctfs 4s Ser B..1952 A 266,000 1963 28-year 4s 61,000 Penn Dixie Cement 1st 4s A 1941 M S 18,000 39k 74 Sale 122 k 12354 65 90 1949 M Paterson ft Passaic G AcE 5s Sale S J 1944 A O deb 6s cony 100 k f Ski—-19*8 M J♦Park Lexington 6ks ctfs Parmelee Trans J Penn Glass Sand 1st mtge D 4J4s—1960 Sale 99k 100k Sale 993 883 94j 93 Sale 92 k Sale Sale 99 k July 88 k July 90 July 42 k 47 55 60 k Sale Sale 118 117k 119k 117k ----90 k 92 k 90 96 96 43 46 443 58 k 101k 96 k 95 k 46 k 64 k 118 July July July July i00K«i-— 100k 103k 104k 104k 105k 104 k July 92 July 6 July 22 July 2 July 23 July 12 July 13 July 26 2 105k Feb. 10 86 June 24 96 k July 22 90 July 20 103 Jan. 28 4 39k Jan. 8 50k Feb. 55 July 6 77k Jan. 14 116 k Apr. 12 122k Jan. 13 99k Apr. 85 7 104 k July 7 105 107 k 104 105k 105 102k Sale 101X 97 k 99 k Sale 104 k 105 k Sale 105 ? 102 k Sale "9k Sale Sale 105 July 15 108 July 103 k July 100 July 17 23 105k July July July July July July 31 104 6 26 July 92 3 Feb. Jan. 28 4 101k 6 106k May 15 107 104 Mar. 31 107k 104 k Apr. 15 110 99 k Apr. 17 106k 97 k July 28 102 103 k Apr. 16 105k 104 104 105 13 100 k May 101 k May — 105 104 Jan. 1 Feb. Jan. 6 Jan. 19 6 Jan. 1 Mar. 12 Jan. Penn Ohio Ac Detroit RR— 108,000 1st Ac ref gold 4k« series A-..,.1977 A O 414s series B........—........1981 .1981 A O Penn Pow At Lt 1st M «k« 8,000 Penn RR consol gold 4a.........1943 MN 683",656 19,000 14,000 654,000 93,000 281,000 133,000 431,000 300,000 334,000 .1948 MN ....... M N Stamped dollar bonds.......1948 .1970 A O Gen mtge 3k s series C— Consol 4Hs issue of 1915.......1960 Consol gold 4s General 4Hs Series A..........1965 .1968 General 5s Series B .1970 Debenture gold 4k« A Conv deb 3k« ..... O M b O A O A __5.000 Peoria Ac Pekln Un 1st 5J4e A.. .1974 176,000 pare Marquette 1st 5s series A_. -1956 phelps Dodge cony J .1980 P .1943 Vf.N .1974 P A J Gen g 4^s series C—....... .1977 .1981 J General 4Hs series D — D Phlla Company secured gold 5s .1967 J D M S Phila Electric 1st & ref 3k8 - .1967 {♦PbM* At Read C Ac 1 ref As .1973 J j ♦Convertible deb 6s.......—. .1949 II 8 Philippine Ry 1st 30-yr s f 4a... .1937 J J .1943 \ O Plllsbury Flour Mills 20-yr 6s Pirelli Co (Italy) con? 7s....... .1953 M N 11,000 P C C Ac St L g 4k« series A .1940 A O 7,000 Con 414s series B guar g.. .1943 A G 2,000 Con 4)4* series C guar g_.— .1943 MN Con 4s series D guar g....... .1945 Con 3K* aeries B guar g..... .1949 Con 4s series F guar g....... .1953 Con 4a series G guar g .1957 Con 4k« series I g Con 414s series J guar Gen guar 5s series A ... Sale 116k 113 113k 116 116k 103 & Sale 125 k Sale 115 Sale 122 Sale 112k 114 99 k Sale 113 Sale Sale Sale 121h 1165* 117 983* 99 15 17 k 1123* 105 k Sale 100 k 101k 104 103 113 k 114 k 125 130 117 121k 115k 116k 105 k Sale Sale" 48k 24 k 19k Sale 19k 108 106 93 k 92k ....... .1975 A O J .1977 J .1958 J .1959 A J 124 k 122 k 125 122 123 k 106k 107 k 110k — 95k 96k 87 94 93 Sale 112k J J J J i; 1956 M Terminal 1st 4s 8 J J J 72 k 106 106 16k 83k Sale 97 k 20k 88k J Sale 99 Sale 104 22k Sale 10 Sale 24 k Sale 99 1997 I 1997 J 1956 M A {♦Rio Grande June 1st guar ft 5sl939 J {♦Rio Grande Western 1st g 4s..1939 J : Sale 107 107k "99" 95 S 115k 116 103 Sale 107 k 107 k 107 108 110 k Sale 108k 108 k July 111k nok July 111 July 19 15 117 117 Sale nok 107k 117 103 Sale 99 k Sale 109k H0k 99 105 D Sale 105 k 33j| 20 k 28 24k 25 23 k "90 k 86 26 30 22 8 112 23 27 31 9 7 28 27 111 84 July 21 85k 84 k July 9 103 k 45 31 21 90 80 6 85k July 87 July 1 63 k July 26 July July 14 106 k July 28 2 July 75 k July 17 1 July 23 July 6 2 103 k July 20 July July 19 96k July 29 97 k Sale ♦Rutland-Canadian 1st guar ft 4sl949 J cons ft 4H*---1941 J 87,000 Saguenay Pow Ltd 1st M 4k« 1966 A O 7,000 St Jos At Grand Island 1st g 4s..1947 J 139,000 St Joseph Ry L H A P 1st 5s 1937 MN St Lawr At Adirondack 1st g 5s..1996 J * 1996 A O 105 k 95 k 28 34 k 104 112k 117 k July 115 July 100 Mar. 18 129 8 12 19 11 Jan. Jan. Jan. 6 117 91k June 14 106k Jan. 102 June 25 104 July 22 k June 25 9 k June 30 31 Feb. 50. 262 3 2 18 k June 10 Mar. 8 30 7 108 k May 21 106 Jan. 6 99 85k Jan. July 6 Feb. Jan. 3 11 15 28 Jan. 22 Feb. Jan. Jan. Mar. 16 .Tan. Mar. 30 29 3 Feb. 113 111 Mar. 25 Jan. 2 15 8 Jan. 12 113k 113 k 104 k 112k Mar. 15 Apr. Apr. 23 Jan. Mar. 23 Mar. 22 Jan. 15 Jan. Apr. 13 Jan. 20 June 11 Feb. Jan. 5 28 6 6 Feb. Mar. 10 4 ; Feb. 54 \ 1052 74 19 100 June 75 k Jan Apr. July 1 1 98k 96 k July 6 98" 14 108 k Feb. June 92 Apr. Apr. Jan. 106 100 28 90 131 115 105 102'9jz June 96 k July 10221 7 July July 19 1 105 k July 89 k June July July 1 108 k July 6 105 2 105 k Apr. 105 20 27 19 5 4 k Feb. 20 Feb. 25 3 k Feb. 1 July 4 k June 109 k June 107 k June July . 88k Jan. 45k Jan. 102 k Apr. 106 k 106 k 109k 107 k 110k 105 k 94 k 94k Sale 107k Sale 106 k 107 Sale 106 k Sale 94 k 116k 96 k Sale 101 Sale ; 24 Jan. Feb. June 4 101 Mar. 6 126 Jan. j2 58 Sale 94 k July 119k 116 k July Sale 95 k July Sale 101 July 31 July 30k 32 24 July 24k 28 25 ? Sale 75 50 56 k 89 k 72 73 k 34 k ■ j 116k 36 W. •». 28 k Sale Sale 103 k 17 33 k 17 k 25 k 20 k Sale 24 Sale 100 107 k 98"32 Sale ...... 99 "72k . 108 k Sale 1 184 July 1 97 k July 20 127 Jan. ~ 94 k June Jan. 121k July 14 108 98 k July 17 95 k June 212 100 Mar. 11 130k Mar. 11 m m 20 k 23 k 24 100k 101 109 100 k 99 k 92 101 "23" 25 k July 30 6 31 30 6 24 k July 2 26 k July 26 k July 26 July 44 60 July July July July 108 k July 17 k July 25 k 20 k July July 22 k July 100 July July 109k 109 98 k July Sale 99 k 100 13 10 16 19 77 k 70 July 34 k 33 k July 118 117 July 18k 1 July July 31 24 k July 24 k July 104 72 k 89 k 1 104 10 24 k July 25 July 45 104 91k 29 28 k 26k Sale 26 k 27 k 25k 27 k 46 k 26k Sale v Sale Feb. Mar. 13 1 V'kf ■ Jan. 115k 1 Sale 108 13 13 7 7 5 112 97 k 104 ■■ Sale "July Apr. 104^4 Jan. 108k Jan. Mar. 117 32 26 112 Sale 24 • July Sale 30 k 24 24 2 ill July July 121 96 July 29107 k July 19 107 k 107k 107k 106 109k 173 k Sale 159 ---- 104 100 k 100k 4 Jan. Apr. 27 119 85 k Jan. 116 k July 114 k July 96k Sale Sale Sale Sale Sale 106 k 24 Sale ♦Rutland R R 1st 2 4 Jan. July 26 8 Apr. 17 113k Jan. 20 80 116k S^Tle 114k Sale 102k 102k 45 18k M Jan. 84 July 21 9 84 k July 108 May 13 119 k Apr. 16 22 108k Sale 58 63 k Sale 58 106 k 107k 106 k 107 k 106 74 75k 74k 74 75 20 ; Sale 20 k Sale 20 103 100k 102k 103 101k Sale 96 96 96 k 95 13 k 16k 13k 16k 44 108 k 20 k J O 9 25 19 108 k May 87 87 Jan. 26 k Feb. Jan. 99 107 k Mar. 17 109 Anr. 13 109 Mar. 11 113 k Jan. 28 108 Mar. 16 Mar. 16 111 "89 84 k Jan. 111k Jan. 110 Sale 8 1962 M 84 k Jan. 107 June 30 106 June 28 101 June 30 103 k June 14 119 k 26 5 6 4 5 23 12 111k Jan. 12 lllk Mar. 11 7 121k Jan. 9 117k Jan. 123 100 91 91 106 k 107 116 28 118"" Sale .........1948 A O ♦{•RockIs Ark At Louis latik* ..1934 Sale . 115k Jan. 28 July 31 116 k July 2 118 July 2 118 k July 27 107 k July 84 Sale 108 25 63 k 63 k 122 K 116 k July 116 July 9 4 Jan. Jan, 103 k Jan. Jan. 126 May 18 113 103 85k 15 k June 18 Jan. 108 109 H6k July July 107k 107 k 107 jSale 96k Apr. 26 115k Mar. 18 106 k Mar. 23 113 k Mar. 22 98 k Mar. 23 103 k Apr. 29 103 k Mar. 22 103 k June 29 6 116 k July 2 112 Apr, 90 June 15 6 25 28 Jan. 23 10 109 k July 8 110k July 24 111 May 109 116k 122 116k Sale Sale' 117k Sale 131 k O Rochester Gas & El 4H» ser D...1977 M S 30. 95 TV 27 June 23 5 109k 109 k Feb. 100 May 10 106 k 108 Mar. 17 112k 109 Apr. 27 116 k 109 k Apr. 28 116 k 110 83 k 50 k 121 At coll trust 4s series A. 1949 2d gold 6s For footnotes, see page IV 100 1941 J D 1951 A O Gen mtge 5s series B 23 k 16* J (65% pd) ♦Cons mtge 6s with warrants.. 1955 80k Sale Sale 123 ♦Direct mortgage gold 6s...... 1952 MN ♦Cons mtge 6s ......1953 F A 6s Sale —- J ex-w ♦Ruhr Chemical 93k 103 k 110 96k 19,000 ♦{♦Richfield Oil of Calif 6S...1944 MN 27,000 ♦Certificates of deposit....... MN 1,000 Richmond Term Ry 1st guar 5s..1952 1 2,000 ♦Kims Steel a f 7s 1955 F A 4,000 : 17,000 64,000 2,000 18.000 41,000 113k 112k 118"" . 78k 40 k Rensselaer Ac Saratoga 1st gu 6s.1941 M N Republic Steel Corp 434s ser A..1950 AO con 114k 112 M 19 10 26 7 27 29 16 23 26 26 29 110 115 ♦1st 103 k Mar. 20 107 116k 122 1,000 ♦Rhine-West Elec Power 7s__-J_.1950 MN 62",000 118 112k 110 253,000 Gen mtge 434 s series B ...1961 FA 207,000 Purch money 1st 5tf« conv....1954 MN 271,000 Gen mtge 4k8 series C -..1956 MN 152,000 Revere Copper At Brass 1st 4k *--1956 J 1,000 ♦Rhelnelbe Union s f g 7s.......1946 J 11,000 ♦Rhine-Ruhr Wat Serv 6s—.....1953 J 40,000 Sale 121 A drawn bonds. ...1950 J 53,000 Purity Bakeries Corp s f g 5s 1948 I {♦ Radio Keith Orph pt pd ctfs v 102 93 k 93 95 k 91k Sale 111k Sale 117 110k Sale 111k A 45,000 Pure Oil Co s f 4k « with warr 1950 14.000 14M8 w w drawn bonds—...1950 4Jis without warrants........1950 '14,000 Sale I66k 110 {♦Providence Securities deb 4s gul957 MN : 108"" .1963 F 44,000 Porto Rlcan Am Tobac conv 6a.. 1942 915,000 {♦Postal Teleg At 3able coll 5a_. .1953 37,000 Potomac Elec Power 1st M 3J48..1966 28,000 Pressed Steel Car deb 5s 1951 9,000 90 15k 110k MN 702,000 Portland General Electric 4)4s_.1960 M S 19,000 1st 5s 1935 extended to 1950._._ J J 23,000 24 17 110 .1977 w 1 1103 July 28 110 July 2 113 k July 107 110 123 55,000 ♦♦Debenture gold 6s 215,000 Read Co Jersey Cen coll g 4s 256,000 Gen At ref 4k> series A 101,000 Gen & ref 4^s series B 365,000 Remington Rand deb w 22 106 k July 100 k July 109 July 100 1st 414s series D 1,074,666 Sale 107 122k stk 118k 118k 114 113k A .1974 com 106 Sale D .1962 for deb 6s & 103 k July 113 July 113k 113k July 8ll3kJulv Sale 99 July 2 100 k July 121 119 k July 6 121 k July Sale 110k July (' 8 112 July 8 H8k July 118k 116k July Sale 1 103 July 100k July Sale 106 July 1 108 k July Sale 106 July 1 108 k July Sale 1 107 k July 105k July July 6,119 July 113k July 2114k July 92 July 11 93 k July 16k July 6 17 July 109 108k July 23 108 k July July 2 103 102k 100 July 96 2i 94 k July 91k July 2' 96 96 k 91k July July 1 119 118 111k July k July 1 111k July 110k July July 1123 k July 123k 121 114k July 13 114k July 113" 112 July 28113 July 1 Sale 93 k July 98 k July Sale 102k July 19104 July 2 Sale July 26 k July 1 Sale 12 k July July 2, 26 c25k 21 k July 16 107 k July Sale 106k July k July 99 99 July 6 99 July 110k 110k 111 113 1st gen 5s series C UX» Sale Sale Sale MN 1st mtge 414s series G........ .1960 Pitts Y At Ash 1st gen 4s ser A. .1948 {♦Providence Sale 120k 111k 117k 102 k 107 k 107 k Sale 109 111k 1st gen 5s series B V 125 119 110k 116k 100 k 106k 106k 105k 116k 112k 91k Ilk F .1943 MN . 99 k J .1964 MN .1970 I D General g 5s ser B General 414s series G Pitts Va At Char 1st guar 4s Pitts At West Va 1st 4Hs ser A 16.000 1st mtge 414s series B 66,000 109 k .1960 F Con 4s series H guar g 1,000 49,00.0 31,000 79,000 109k 111 D 3ks deb—— -1952 ....... 12,000 22,000 560,000 374,000 296,000 318,000 500,000 10,000 10,000 J .1956 5.000 Phlla Bait Ac Waste 1st ft 4s 7,000 General 5s Series B Sale 111 J A e 1 102 1105* ...... 1st 4s Series B l*t g 414s series C 104k 106 Sale .1952 A O 35,000 Peoples Gas Ac Coke 1st *• .1943 43,000 .1947 Refunding gold 5s 42,000 Peoria At Bast 1st cons 4s...... .1940 20,000 .1990 nnnJ ♦Income 4s (flat) 978188 77? 'Hon' *»«71.000 Sale 101 1045* 108 k 106 General 414s series D_....... .1981 A Gen mtge 4k« series B .1984 J — 1,190,000 106 k 105 k Sale 112 115k 104 1 48 1 48 July July 20 104 July 21 60 July 16 73 27 7 6 20 21 July _ 29 37 k July 10 117 July 10 10 8109 k July 30 15 19k July 21 6 25 k July ~ 22 July 24 k July 1 101 100 k June Mar. 24 Jan. 18 19 Mar. 19k Mar. 19 k Mar. 19k Mar. 44 July 44 k May 103 k Mar. 53 k Mar. 91 Feb. 69 k June 33 k July 116k Mar. Feb. June 20 k Mar. 19 k June 8 12 July July 21 10 100 k July 30 21 109 Apr. 22 k July 99k Apr. May 97 May 100 Apr. 98k Apr. 107 Jan. 100 Jan. 106 Jan. 32 Mar. 25 k July 8 8 6 2 30 26k Feb. 27 31 30 26 k July 26 k July Mar. 3 66 Jan. 7 66 Jan. 7 104 k May 11 June 25 60 Jan. 2 TV Jan. 9 Jan. 18 July 10 109k July 30 28 k Feb. 19 1 25 k Mar. 8 32k Jan. 2 34 k Jan. 29 104 k Jan. 8 4 112 k Jan. 21 20 10l2932 Jan. 22 6 14 103 k Jan. Jan. 26 17 102 AUG., 1937] 8-5 Sales in Jan. 2 n. y. stock exchange Value RANGE SINCE JAN. 1 PRICES IN JULY Price BONDS July 29 N. Y. STOCK EXCHANGE—BONDS • July 1 1937 Ask Bid Ask Bid Bid Lowest Highest Lowest Highest Sale Prices Sale Prices .Sale Prices Sale Prices July 31 Ask St Louis Iron Mtn Ac South— ♦♦River Be Gulf Dlv 1st 0 4s...1933 89,000 ♦Certificates of deposit... 9,000 35,000 {♦St L Peodt N W lit 5s 1948 12,000 St L Rky M 3c Pac 5s itmpd ...1955 {♦St Louis-San Francisco Ry— 198.000 ♦Prior lien 4s series A ...1950 273,000 ♦Certificates of deposit......— ♦Prior lien 5s series B ...1959 86,000 66,000 ♦Certificates of deposit....— ♦Con M 4J4s series A 541,000 .....1978 458,000 ♦Certificates of deposit stamped 60,000 {St Louis Southwest 1st 0 4s 1989 32,000 ♦2d gold 4s income bond..Nor 1989 21,000 ♦♦1st terminal & unlf 5s......1952 7,000 ♦Gen 3c ref 5s series A 1990 1,000 it Paul Be Duluth 1st consoi 4s.. 1948 5,000 {♦tit Paul E Grand Trunk 4Ms 1947 60,000 {♦St Paul Be K C Short L guar 4MsI941 M N 755* Sale 85 Sale 45 84 J* Sale 71 32 Sale 825* 90 > j""j J J J J J J Sale Sale Sale T 245* Sale r Sale 19 Sale 82 MN J J J J J d I J f a 49 40 J I 88 107"" 25* 15 Sale 175* 745* 725* 335* 825* 79 36 83 22 M MS 75 725* 80 83 24 79 M July July July 825* July 14 7 8 265* July 245* July 275* July July July July July 545* July 465* July 365* July 1035* July 24 July 185* July Sale 225* July 195* July 23 July 205* 20 M July 235* 235* 21 July 19 215* Sale July 86 855* 825* July 53 505* July 42 k July 30 "335* 33 July 103 1035* July July "245* 24 175* 175* July 215* Sale 25* 9 14 8 16 8 12 23 1 9 10 30 21 7 U* 8* W Jan. 82 107 M 124 m 1045* 121M Sale 118 Sale 111 1005* July 1095* July 1085* July 1015* Sale no 1105* 1105* 108 1135* 205* ut'l .............. j 7,000 14,000 ♦Guar sinking fund OH* B ♦Stamped 1946 28 AO 205* 1135* ........ ........... 4s 1989 MN ♦{♦Seaboard Air Line 1st g 4s ..1950 A O ♦♦Stamped 4s ...............1950 a o Sdo Vail At N B 1st guar g T,6o6 122,000 11,000 303,000 19,000 896,000 153,000 8,000 ♦Adjustment 5s. .... ♦♦Refunding g 4s ....Oct 1949 .........1959 cons ....1945 6s series A F A Sale A O Sale •♦Attan-Blrm Dlv 1st g 4s.May 1!* 1135* 1135* 1135* July 27 25 26 July 26 285* 245* July 28 285 July 28 "34" 25 July m's 26 75* Sale 155* 265* 265* 9 85* m it* Sale 16 14 Sale 15M Sale 27 305* 25M Mar. June 29 33 33 30 30 Sale 13 5* Sale ♦Certificates of deposit.... 17,000 177,000 Sharon Steel Corp conv deb 4^1.1951 782,000 Shell Union Oil deb 35* • 1951 ♦♦Siemens Be Halskesec ♦Debenture s s 13 M S M S 1 D I J ...1952 f g 7S..1935 .....1951 M 8 f 6Us._ Jan. Mar. 8 8 Jan. 4 17 100 June 18 745* Feb. 19 July 23 655* Mar. 8 54 Jan. 8 June 30 July 30 1095* Jan. 18 Mar. 3 37 July 21 Feb. 20 June 17 27 June July May 6 107 Jan. Mar. 17 124 Apr. 12 1035* Mar. Apr. 27 1125* Jan. Apr. 1 1105* Jan. Jan. Apr. 22 115 Jan. July 7 Feb. July 2 2,000 ♦Silesia Elec Corp 6^1.. .......1946 f A 26,000 Stlealan-Am Corp coll tr g 7s.....1941 F A 188,000 Skelly OH debenture 4s ....1951 J J 200,000 Socony-Vacuum Oil deb 35*«——1950 A O 10,000 South Be Nor Ala gu 5s ...1963 A O 320,000 Southern Bell Tel 3c Tel 3J*« 1962 A O 65,000 Southern Calif Gas 45* • 1961 M S 1st mtge 3c ref 4s 181,000 .1965 f A 64,000 Southern Colorado Power 1st g 6s *47 J.J July 44 10 2 31 June 15 Jan. Feb. June 28 355* 365* 135* 20 J* June 24 20 June 28 July July 75* July 12 July 125* July 1454 July 14 July 28 July 235* Mar. 225* Mar. 385* Jan. June 29 June 28 July 62,000 7M Sale 111 101 80 102 M 50 M 68 102 106 135* 113 Sale 83 65* 108 & 88 985* "565* 23 Sale Sale 1065* 125 8JK 70 99 105M 1225* Sale Sale Sale 85* Sale 75* July 30 Tenn Copper dk J* !!y 105M 106 81 Mar. Mar. Mar. Mar. 15 16 9 615* July 24 July 72 M July 1 101 July 1 1065* July July 28 1235* July 23 16 30 10 21 28 1005* 1075* 14 106 k 14 106 23 July July July July July Sale 985* July 1065* 1055* July July Sale 104 104H Sale July 1055* 106 M 1055* 106 M 105 106 M July July July July 21 26 23 Jan. d Sale 93 M Sale Sale 8 Sale 935* Sale M P Sale 84 Sale M N Sale 84 Sale J 33.000 Sale * N J Sale O 110M J A MN J J J Sale Sale 99 M Sale Sale Sale 995* 1045* Sale Sale Sale Sale Sale Sale Sale Sale 74 O Sale 92 A 95 O Sale J J 105 J J 1035* M S 103 98 1-025* M S "93" 88 Sale J Sale 105 Sale 1065* 335* 1005* Sale d MN J F A J d J d 5s.....1951 J Sale Sale O J 107 106 A 4Mt—1939 A 23 104 Sale" 97 n. Sale 73 Sale 1035* 995* 965* 1025* 103 M 91 895* 1065* 106 M 103 1035* 235* 225* 105 Sale Sale 5 7 8 9 20 Mar. 3 73 245* Mar. 2 825* Feb. 11 6 102 k Jan. 6 1075* Jan. Jan. 23 130 68 Jan. 975* Mar. 1005* Apr. 118 Apr. 985* July 2 1005* Mar. 23 1075* 1015* Apr. 10 1065* 1035* Apr. 12 1065* 105 10 Jan. July 23 June 5 July 26 Jan. 20 1011 915* Apr. 12 99] 100] 97 M Apr. 915* July Sale 108 S Sale 1065* 107 167 Sale J 1055* July"" 1 1675* July" 16 125 M 126 119 July July July 9 July 21 July 21 July 29 July 21 July 28 July 104H July 72 July 92 July 95 July 102 July 95 July 1025* July 88 July 105 July 1005* July 23 July 1045* July 975* July July July July July O A deb 35*1—————1951 3c N O cons g 5s .......1943 d 2000 Gen ref 5s ser B .............1977 Gen" 3c ref 5s series C ....1979 d J Texas 3c Pacific 1st g 5s 1950 A 1946 I 1085* 1095* Sale 101 July 17 103] Feb. 5 Jan. 11 21 Jan. Jan. Jan. Jan. 22 22 22 2 Jan. Jan. 4 4 Jan. Mar. 18 1085* Jan. 100 M Feb. 20 1005* Feb. 104 May 15 1125* Jan. June 29 71 85k Feb. June 30 1055* Feb. 89 91M June 29 1105* Feb. 1015* May 21 1055* Feb. Jan. 93 M June 30 103 Jan. 1015* Feb. 24 105 June 30 88 955* Feb. 103 100 Sale 1005* Sale 108 k 109 Sale Sale Sale 101M J Sale 1005* Sale 76 108 O d Sale 108M 102 M Mar. June 19 6 Mar. 95 1025* Mar. 13 22 105 995* 100 a765* 105 98M 115 Sale 88 M 91 985* Sale 895* 90M 95 O 20 121 100 Sale 96 M Sale 1035* Sale 18M 121M 118"" 121 109 Sale J J 1155* 115 1125 Sale 8 109 M 109 106 Sale 8 1135) 115 H4M 1155* Sale Sale o 101 N 101 O 107 M 108 20 5 2 Jan. 21 Jan. 21 Apr. 25 126 Jan. 103 Mar. 85 June Mar. 1055* 1045* 1085* 1225* 1035* 1035* 103 5* 1095* 103 100 105 Apr. Apr. 7 118 Mar. 15 101 100 Apr. 8 9 100 96 Sale 96 Sale 1065* 1065* nil June 995* 975* Apr. 1055* Mar. k Mar. ■ ■ 23 ■ 8 495* ' June 2 14 90 July 26 July 28 July 9 July 30 73 101 101 80 99 July 15 100 6 106 July 1 July 975* Apr. loo" 945* July 1035* July 14 July 1185* July 1095* July 1125* July 106 July 115 July 96 July 96 July 1065* July July July July July July July July July July July July 25 4 16 4 July 28 83 19 975* May 18 103 Feb. Feb. 3 4 Jan. 11 Jan. 6 15 5*'Apr". "28 1075* 116 Apr. 14 118 1135* July 30 123 90 Jan. 4 1005* 90 Mar. 22 98 Jan""~7 855* Jan. 1035* June 14 July 1165* Apr. June 29 102 July : 30 116 98 July 9 100 M July 30 July 24 965* July 7 98 113 5* July 19 29 12 15 July 23 Jan. Apr. 20 1085* Jan. Jan. 16 18 6 6 5 101 June 84 17 21 1095* 735* 465* 1015* 1075* Apr. 45 July 20 July July iis" Jan. Jan. 1095 Jan. 118 Jan. 111 Jan. 108 Feb. 105 Jan. 110 Jan. 1285* Jan. 1065* Feb. 108 Jan. 1085* Jan. 105 104 115 17 24 44 109 W 73 Sale 1055* 104 99 Feb. 17 9 1075* June 16 May 19195 May 17 143 22 7 1165* 1035* 121M 123 955* July 31 103 905* Sale 16 9 1 4 106 July 035* July 1035* 1035* July Q5 Sale 865* July 1065* 107M U55* July' 1165* Sale 108 July 109 104M July 105 M Sale 103 k July 1045* 1075* July 107 1215* July 122 1015* July 1025* 100 July 102 --05* July 1025* 108 k July 1095* 45 July 48 k 15 July 17 84 July 90 1005* July 1005* 1035* 1175* 1065* Sale 12 117 1 12l" 103 103 8 Feb. Jan. 6 20 20 8 8 15 8 105 140 1135* July 107 M 1085* 122 M O 40 1065* Jan. 9 102 June 14 159 101 July 1075* July 108 1105* A A 795* Sale 104 1095* Jan. 16 1065* Jan. Mar. 23 102 99 22 122M 1215* 123M 1035* 865* Sale 106 M 1075* 1155* Sale 1085* 1105* 1045* Sale 1035* Sale 1075* Sale 1215* Sale 1015* Sale Sale S M 1945 A 2,000 ♦{♦Union Slav Ry Chic 1st 5s 7,000 Union Oil Cat 30-yr 6s ser A May 1942 F 3 M> debentures ....1952 J 132,000 209,000 Union Pac RR 1st Be land gr g 4s. 1947 J First Be refunding 4s.....June 2008 m 225,000 1st lien 3c rsl 5s June 2008 m 38,000 34-year 3 Ms debenture... 1970 a 153,000 35-year 3M> debenture ...1971 M 145,000 A 48,000 United Biscuit (Amer) deb 5s...1950 For footnotes, see page SO. Sale 106 M D Trenton Gas 3c Elec 1st 5s 1949 M 8 I J 6,000 Trl-Contln'l Corp conv deb 5s ser A'53 22,000 Tyrol Hydro-Elec Power 7Ms.... 1955 Guar sec s f 7s ...............1952 *A 18,000 32,000 UJigawa Elec Power secured 7S..1945 1957 18,000 IfUnion El Lt 3t Pow (Mo) g 5s 130 O Tol W Va 3c Ohio 1st guar 4s C..1942 m s Tor Ham 3c Buff 1st 4a 98 81 June 28 97! 80 M June 29 97! 9 102] 965* Apr. 1065* Jan. 26 109] 1015* Mar. 115 Sale 106 July 1065* 10654 1065* July 1425* 1135* Sale 158 123 J s 19,000 Tol St L 3c West 1st g 4s 1 June 28 81 8 103 103 j A cons Sale m as July 29 July 9 July 9 July 9 July 9 July 8 July 26 July 9 July 17 July 1 July 16 July July July July July July 6 July 17 Sale 108 M 1075* 1085* 108 100% 101M A Texas Corp t exas 83 M 99 1005* 101 94 925* 105 M i"j g 5s...............1944 f gold 4s 1953 1 exarkana 3c F S Ry 5M« A guar.1950 First 2 17 8 8 6 5 5 J 149,000 Gen 3c ref 5s ser D .....1980 J 170,000 23,000 Tex Pac—Mo Pac Term 5M« A..1964 M ......I960 J 211,000 Third Ave 1st ref 4s... 584.000 ♦Adjustment Income 5s Jan 1960 1937 48,000 § ♦Third Ave RR 1st gold 5s 367,000 Tidewater Assoc Oil deb 3Ms.... 1952 Tokyo Bloctric Light (Ltd) 1st M 6s $ Series June 15 1953 367,000 59,000 Toledo 3c Ohio Cent ref Be Imp 3H< '60 „ 98 ......1944 M 8 Elec Power 1st 6s series A.. 1947 J d Gen ref 15 Jan. 100 505* Jan. 1854 Mar, Chem— Term RR Assn of St L 1st g 17*666 77,000 73,000 406,000 33,000 76,000 14 22 895* Apr. 102 Jan. 100 106 M Conv deb 6s series B Tenn 4 145* Jan. 15 1175* Mar. 11 65* June 106 July 955* Apr. 85* July 112 July 100 July 885* July 75* July 1065* 106 July Sale 97 5* July 86 M 835* July 100 1055* 106 O ♦Studebaker Corp conv deb 6s..1945 J Swift Be Co 1st M 3Ms 1950 M Tenn Coal Iron Be RR gen 3 11 29 145* Jan. 65* June 28 9M July 1 10 985* 59 655* 625* 63 24 225* 72 715* "75" 705* Sale 1005* 100 M 99 Sale 105 1055* Sale 1225* 1235* M A Symington-Gould Corp— K 1st mtge conv inc (with warr).1956 F A 10,000 f Without warrants.........1956 F A 11,000 232,000 4 435* Feb. 15 June 15 25 Jan. Southern Natural Gas— 1st mtge pipe line 4 Ms 95,000 .....1951 186,000 Sou Pac Co 4s Cent Pac coll Aug. *49 1st 4Ms (Oregon Lines) ser A..1977 474,000 Gold 4Ms 277,000 1968 Gold 4Ms 407,000 May 1 1969 Gold 4 Ms 385.000 1981 594,000 10-year secured 35* s .....1946 San Francisco Term 1st 4s....195# 46,000 1,000 So Pac of Calif 1st cons 5s......1937 South Pac Coast guar 4s 1937 1955 339",666 South Pac RR 1st ref guar 4s 4s stamped...................1955 262",660 Southern Ry 1st cons 5s........1994 Devel Be gen 4s series A 547,000 1956 Devel Be gen 6s series A.......1956 211.000 Devel Be gen 6Ms series A.....1956 281,000 7,000 Memphis Dlv 1st g 5s.........1996 St Louis Dlv 1st g 4s 22,000 .......1951 Bast Tenn reorg lien 5s.......1938 3,000 Mobile Be Ohio coll tr 4s 1938 150,000 100,000 Southw Bell Tel 3 Mi series B....1964 1960 217,000 S'western Gas 3c Elec 4s ser D 1955 11,000 {♦Spokane Internet 1st g 5s 31,000 Staley (A E) Mfg 1st mtge 4s..... 1946 1961 536,000 Standard Oil N J deb 3s Staten Isl Ry 1st gu g 4 Ms. 1943 380",660 23 tlH June 1935 ♦Certificates of deposit..... 72,000 Shlnyetsu EI Pow 1st 6M> 6 13 8 11 Mar. June 29 June 28 June 16 121 25 Sale 115* 145* 38 Mar. Jan. 36 113 Sale" Sale 1933 37 33 8 -7 1935 Series B 27",666 31 27' 26 1085* 109 Sale \Ts ♦Certificates of deposit.....— {Seaboard-All Fie 1st 6s A 429,000 Sale Sale ♦Certificates of deposit..... ♦1st 3c 35 30 M Jan. June 28 July 120M July July 110H July 109 July July 27 July 27 July 28 n July 285* July July Jan. 85 June 29 107 1065* 1045* July 102 M 113 48 26 June 29 tit Paul Minn Be Manitoba— 8,000 tPacific Ext sterling guar 4s.. 1940 J I J 20,000 111: Paul Union Depot 1st 5s guar. 1972 J J 158,000 lion Ant 3c Aran Pass 1st guar 4s.1943 J J J 63,000 >ian Antonio Public Serv 1st 6s A. 1952 28,000 San Diego Cons G 3c El 4s ...1965 MN 23,000 Santa Fe Presc Be Phentx 1st 5s..1942 M S 5,000 {♦iichulco Co guar 6M*--> 1946 J J 8,000 ♦Stamped 895* Feb, 15 885* Feb. 17 745* July 29 725* July 29 33 M July 31 12 77 38 July 29 July 29 July 31 July 13 108 June Mar. 16 Mar, 8 July 30 July 24 Apr. 30 Jan. 25 Jan. 7 Mar. 16 Jan. 15 Jan. 7 May 18 2 Jan. 925* Apr. 1055* May Jan June 11 8 7'.' Sales in July v Jan. 2 1937 EXCHANGE Sale Sale Sale Sale 50 Sale Sale 494 July Sale Sale 994 34 July 29 1034 Sale Sale Sale 100 98 85 794 88 Sale 30 t Accrued Sale 30 ..... Sale 27 - 29 1044 Sale Sale 78 97 Sale Sale W 106*" 1064 814 Sale 814 814 it* "96*" 95 Sale Sale 464 Sale 55 46 50 May 14 May 14 111 3 Apr. 6 July 20 1134 Jan. 27 54 Jan. 15 Mar. June 934 July July 15 12 27 97) 1 105) 79 1 Sale 614 July 22 1064 Sale 109 1264 Sale 1064 Sale 1184 120 1224 1234 119 1084 1094 1084 109 1094 Sale 1044 Sale 106 Sale 1064 107 108 Sale Sale 38 38 29 22 Sale 974 Sale 94 954 106 1124 113 1024 1024 1044 1044 85 364 86 Sale 614 634 1054 1024 1034 113 115 354 Sale 31 324 254 Sale 21 24 East Ry 44al943 j"j Ac Tube— F A f 4s series C.........1961 MN exchange sterling. { Companies reported as being in bankrutpcy, receivership, or being reorganized under Section 77 elthe Bankruptcy Act. or securities assumed by inch companies. foi 88 108 1104 112 994 Sale Sale 1034 104 35 394 344 Sale 154 Sale 1034 Sale 101 Sale 108 23 Sale* 20 374 194 Sale 1004 Sale r z Bond selling flat. • 8 27 444 Mar. 414 Mar. 8 44 0 Mar. 17 41 Mar. 5 434 Mar. 0 Mar. 10 44 Mar. 17 40 Mar. 31 1094 Mar. 16 Feb. 90 8 994 Mar. 12 July 1 1004 Jan. May 17 558 Jan. 76 25 14 Jan. 14 Feb. 10 19 80 9 3 1024 Feb. June 30 1104 Jan. 7 May 27 1124 Feb. 25 Mar. 24 1084 Jan. 13 June 23 June 1064 July July July 1 1094 July 1 107 July Apr. Apr. 2 1274 Jan 1 1234 Jan. 22 9 11 1094 Apr. 30 Mar. 23 1094 Jan. 8 Feb. Jan. 7 June 15 111 Jan. 23 37 July 20 1 2 1 324 32 1014 1 93 31 96 20 934 254 924 2 1 20 87 2 107 15 1114 2 101 28 1034 6 12 1 21 July 22 July July July July July July July 27 July 6 July 2 July 19 July 23 July 23 394 July 26 204 July 28 144 July 30 154 July 22 143 Sale 1034 Sale 133 July 1004 July in year's range. Feb. 19 39 Jan. 11 June 104 Jan. 4 June 111 Jan. June 107 109 25 100 96 107 Jan. 2 Jan. 19 Mar. Jan. 3 20 Jan. 13 June Mar. June July Mar. Apr. June 6 3 Apr. 0 1134 Feb. 1034 Jan. 18 May 105 Mar. 8 47 Mar. 6 47 Mar. 8 June 62 1034 July 104 Jan. 12 June 15 324 May 19 31 15 99 1064 214 204 144 154 May Mar. Mar. July July July July 1034 Jan. 115 Jan. 354 Jan. were July 23 July 21 154 July 22 16 324 Jan. 9 7 2 8 1 1494 July 23 1 104 July 29 254 Jan. 4 24 7 Jan. 1234 Jan. 27 1624 Mar. 984 Mar. 23 105 Jan. during the current month and are not iaeluded in the monthly or yearly range: Cuba (Rep.) 44s 1949, July 9 at 1014. 5s of 1914 1949, July 28 at 1034Oslo (City) 44s 1955, July 14 at 103. * The following deferred delivery sales were trans, acted during the current month and are not Included in the monthly or yearly range: - sales 22 40* June June 16 164 included in year's range. cash 6 994 Jan. 108 22 Ex-interest following Apr. 714 Jan. 106 Under the rule sales, only transactions of the The June May Cash sales, only transactions of the current month, and not included 10 21 Jan. 22 3 106M Feb. 86 Jan. ft Deferred delivery sales, only transactions of the current month, and not included in year's n 1034 Jan. 984 Jan. Feb. range. current month, and not 1014 Feb. 10 107 4 Jan. 8 44 May 0 July 74 Jan. 94 June 9 July 8 July 84 July 84 July 74 June 94 July 8 July 5 Apr. 74 May 4 Apr. 1 384 144 154 Apr. Apr. Apr. 12 11 Jan. 30 Feb. 27 20 1074 July 8 1094 July 394 12 20 21 67 110 64 July 64 July 24 Feb. 2 120 14 119 1 394 July 23 344 July 1 15 16 Sale July 174 July 20 1 1034 1034 1034 July 21 1034 July 1 103 101 103 Sale July July 28 9 .1084 July 1084 July 1084 9 214 July 31 24 214 Sale July 13 374 20 24 154 154 104 133 m Sale Mar. 17 Feb. m* 294 Sale 1004 Sale 4 414 Jan. 1094 Jan. 1014 July 29 1034 July Sale 894 Sale 244 1951 I960 103 94 101 754 1084 1064 July 1084 July 29 July 294 July 1014 1004 July July 914 90 Sale 894 July Sale 88 July July 264 24 Sale 904 July July 864 85 107 107 July 1124 1114 July Sale 994 July 1034 1024 July 109 Sale June 1044 Mar. 55 July 1014 July 13 107 July 30 1024 Sale 1074 Sale 1104 1114 Sale July **9 July 13 July 14 July 21 July 14 July 13 July 13 July 26 July 15 July 19 July 17 1004 1014 July 1064 July 1064 1094 1064 July 1064 107 120 1214 1194 July 1184 July 1184 121 1094 July 1094 1064 Sale" 1044 July 56 674 Jan. 27 liolt Apr. 20 60 69 20 954 July 23 49 July 7 624 July 23 ,754 *994 101 1084 Sale June 49 9 3 Mar. 3 Mar. 3 Mar. 2 Jan. 21 Jan. 2 Mar. 111 July July July Sale 1 Called for redemption. 2 106 98 9 21 106 July 93 92 Negotiability impaired by maturity. 32 Jan. 964 May 21 105 29 23 2 21 29 22 304 July 29 July 28 July 284 July 284 July 284 July 294 July 28 July 1044 July 78 July 95 ; July Sale 93 1074 Sale the 284 32 31 ..... Sale payable at 324 Sale 324 28 30 Sale 90 interest 14 22 20 Jan. 7 8 11 2 1074 Feb. 18 244 Mar. 19 7 60 614 60 ..... 1114 112 late of $4.8484 to the £ June 25 1704 Mar. 33 32 22 984 Jan. 784 65 Sale 1044 105 1st mtfte s 120 1054 Apr. July 914 5s........1938 •flConr deb 34s............... 1951 .. 22 3IIZI *71* ♦Westphalia Un El Pow 4s... .1953 West Shore 1st 4s guar.........2361 910,000 726,000 21 1 864 July 664 July 28 914 Sale 82 Fund Ac real est 44> gold.....1950 {♦Worcester AcConn 954 May 19 103 4 Jan. May 5 1144 Jan. 25 June 24 Jan. 111 July July July July July July 24) 1 108) 244 234 71 964 Sale ...... Youngstown Sheet "*34 20 1064 Sale series A 1977 gold 4s...1943 5s 9 27 12 13 20 21 20 6 13 23 19 19 4 1952 Gold 5s... July July July July July July July July July July July 30 1034 July 20 111 July July July 214 July 1074 July Sale 1084 Sale July 594 55 594 51 106 " July 103 107 July 96 974 95 Sale July Sale 1054 Sale 104 Sale 4 354 Sale" 1094 Sale 654 70 112 115 {♦Western Pacific 1st 5s ser A...1946 Gold 100 July 1104 Mar. West N Y Ac Penn Gen Western Union coll tr July 111 Registered.... 2361 Wheeling Ac Lake Erie Ry 4s D..1966 Wheel At L Erie RR 1st con ft 4s.. 1949 Wheeling Steel Corp 44a ser A.. 1966 White Sewing Machine deb 6s._.1940 {♦Wickwlre-Spencer Steel 1st 7S.1935 Ctfs dep Chase Nat Bank......... 17,000 { ♦ Wlckwlre-Spen St'l Co 7s.Jon 1935 Ctfs dep Chase Nat Bank....... 83,000 25,000 Wilkes-Barre Ac Bast 1st gu ft 5s. 1942 1938 20,000 Wilmar Ac Sioux Falls 1st 5s 1955 166.000 Wilson At Co 1st M 4s ser A 1960 1,000 Winston-Salem S B 1st 4s 79.000 {♦Wisconsin Cent 1st ften ft 4s..1949 ♦Certificates of deposit 19,000 MN 20.000 ♦♦Sup At Dul Dly Ac Ter 1st 4s. 1936 ♦Certificates of deposit......... 5,000 ♦ 334 Sale" Sale Sale M S 236,000 Warner Bros Pictures cony deb 6sl939 M 8 94,000 {♦Warner Qulnlan cony deb 6s. .1939 M 8 ....1941 99,000 {♦Warren Bros Co deb 6s Warren R R 1st ref gu ft 34* 2000 F A 1948 *2*666 Wash Cent Ry 1st ft 4s 1945 18,000 Wash Term 1st guar 34*-1st 40-year guar 4s .......1945 1939 38*666 Wash Wat Pow 1st ref 5s ...1950 11,000 Westchester Llftht gold Ba 1963 6,000 West Penn Power 5s series B 1st mtfte ft 4s series H 1961 11,000 1st mtge 34a series I 1966 63,000 * 130 Sale 1034 1054 229,000 !♦ Wabash RR 1st gold Be... 19 ♦Second gold 5s 19 47,000 ♦1st lien 5f-year gold term 4e.l9 ♦Dat Ac Ch Ex 1st g 5s 19 ♦Dee Moines Dlr let ft 4s 19 ♦Omaha Dly 1st ft 34* 19 9,000 ♦Tol Be Chic Dly 1st ft 4s 19 121*666 {♦Wabash Ry ref Ac gen 54* A—19 ♦Certificates of deposit. 32,000 ♦Ref Be gen 5s (Feb '32 coup) B.19 220,000 ♦Certificates of deposit....... 2,000 ♦Ref Ar ften 44s series C 19 261,000 ♦Certificates of deposit.. 5,000 ♦Ref Ac gen 5s series D 19 142,000 ♦Certificates of deposit 2,000 150,000 Walker (Hiram) G & W deb 44».19 19 137,000 Walworth Co 1st mtge 4s 6s debentures ..19 12,000 ♦Assented 954 July 1 984 July 6 112 July 8 1284 July 7 130 Sale 1064 July 1 35 304 July 8 31 July 20 *32*" 294 July 2 July 994 98 Sale 1004 July 27 ~27^ 79,000 Vanadium Corp (Am) cony Be—1941 1,000 Vandalla coneol « 4e A_—...... 1958 Coneol 4e Sarlae B »957 ls'ooo ♦♦Vera Cruz Ac Pacific let 4HI...1934 ♦♦July 1914 coupon off.. ..... 221*660 ♦Vertlentee Sugar 7e ctfe_____._1942 124,000 Virginia El & Pow 4e eer A 1955 3,000 Va Iron Coal Be Coke lot ft 5e....l949 2093 3,000 Va Ac Southwest let guar Be First cons 5e -WM 18,000 476,000 Virginian Ry let Ac ref 34■ ser A. 1966 First At ref 54s Sale Prices 27 , 768,000 West Maryland 1st ft 4 s Highest Sale Prices 111 *28*" 274 Sale Lowest Sale Prices Sale Sale 112 "§64 Highest Sale Prices Ask Ask 150 Lowest July 31 July 1 Ask Sale 248,000 United Draft Co (Del) 5i 14 19 17,000 UNJRRft Canal Co ften 4s 15,000 ♦{♦United Rys St L 1st ft U 19 6.000 U S Pipe At Fdy cony deb 34» 19 249,000 U S Rubber let At ft Be eerlae A—19 11,000 ♦United Steal Wks ft 44« ear A—19 1,000 ♦64* eerlee C— — -—J' 23,000 ♦Slnklnft fund dab 64* ear A..19 135,000 Utah Llftht Be Trac let fc ref 5e._19 19 259,000 Utah Power Ac Llftht let Se 312,000 {♦Utilities Pow Ac Ltft deb ft B4t-19 ♦Debenture 5e 19 304,000 103,000 RANGE. SINCE JAN. 1 PRICES IN JULY Price BONDS N. Y. STOCK Value 25,000 137,000 130,000 270,000 380,000 544,000 710,000 17,000 244.000 27,000 5,000 16,000 232,000 11,000 EXCHANGE—BON l>fs N. T. STOCK 30 transacted French (Rep.) 7s stamped, July 12 at 105. i'l' ' V1; '<1' 'V.v. ,V'n'v '•n '^■N' 1; I-'-. I . v ''li- York New V"V:V':sv^ MONTHLY AND YEARLY RECORD RANGE OF STOCK PRICES DURING JULY 1937 Stock Sales July Jan. 1 to 1936 1937 July 31 Bond Sales I 1937 296,647,699 I Jan. 1 to July 31 all atocas Iniocoraanoe wim a rule ofttie Stock (ficooaogo, effective Oct. 3 191S, lots except in tba case of stocks which sell only in a small ways 1936 $160,604,000 1,864,867,000 $282,671,000 .■ July } 34,793,169 Shares.20,722,286 249,693,212 .... are now quoted dollars per share. 2,070,938,000 Prices are on basis of XOO-ebar* month's range, unless they are the only transactions of the month, and when selling outside of the footnote In the month In whloh they occur. No account Is taken of such sales In oomputlng the range for the year. NOTICE.—cash and deferred delivery sales are disregarded in the regular monthly range are shown in SALES AGGREGATE July Since Jan. 1 Shares STOCKS Shares In 20 2 11,200 15,500 83*.000 1,100 70300 39,700 Alpha Portland Cement * 333,900 Amalg'mLeathefCosdncNewl 29,000 0% cum preferred.. 60 92,600 Amerada Corp. * 5,000 13,200 400 5,800 481800 Amer Agric Chemical (Del).* 103,800 American Bank Note......10 3,630 6% preferred.... 50 85,200 Am Brake SAP 3,740 534 % conv preferred.... 100 257,800 American Can............25 9,800 Preferred..............100 119,800 Amer Car 8c Foundry...... 19,600 Preferred ..100 67,600 American Chain & Cable...* 10,300 5% preferred....... 100 11,700 American Chicle....... * Am Coal Co of Alleghany 60 County, N J...—......25 167,100 American Colortype..... 10 141,800 Am Com Alcohol..........20 162,700 Amer Crystal Sugar Co 10 3,110 6% 1st preferred.......100 319,600 Amer Encaustic Tiling.....1 8,600 Am European Securities....* 180 American Express Co.....100 1,095,200 Am 8c Foreign Power.......* 123,000 ; $7 preferred ..... * 154,300 2d preferred A...........* 35,100 $6 preferred...... ._......* 54,000 Am Hawaiian 8teamahlp.. .10 510,300 American Hide 8c Leather ..1 60,900 6% preferred............50 36,100 Amer Home Products ..1 158,300 American Ice ........* 49,700 6% preferred...........100 175,900 Amer Internet Corp.......* 208,300 Amer Locomotive ..........* 28,800 Preferred..............100 222,600 Am Mach 8cFoundry.......* 141,400 Amer Machine 8c Metals....* 280,800 American Metal............* 4,900 6% Conv preferred.....100 7,150 American News N Y Corp...* 1,156,400 Amer Power 8c Light........* 70,700 $6 preferred..............* 96,100 $5 preferred..............* 1,169,300 Am Radiator $t Stand San..* 1,160 Preferred........ ....100 2,357,200 American Boiling Mill.. 25 ■•■•i 35,700 Amer Safety Razor......18.50 90,700 American Seating Co.... 29,310 American Ship Building...-* 714,100 Amer 8melt Ac Refining,. 12,200 Preferred.............. 104 17,500 American Snuff ........25 1,050 6% preferred...........100 4,700 16,500 620 ... 8,100 ... 440 22,100 1,700 6,800 1,800 35,600 .... .... 900 2,100 6,600 7,300 14,900 20,500 100 8l",306 13,500 17,600 1,000 1,100 22,600 1,900 2,400 7,400 3,700 12,000 29,400 3,000 8,700 4,500 12,800 126,800 12,200 11,100 83.300 60 110,600 2,600 10.600 1,100 65,100 19 1596 Sale Sale 25£1 33 36 150 370,900 Amer Steel Foundries.....^ 400 17,900 21,600 61,200 """700 Sale 68 ..... 4594 Sale 3334 3696 1196 July""! 296 July 1 35 * July 29 42 43 33 33 38 38 36 34 47 47 38 3996 3594 Sale 9994 10396 Sale 225 Sale 19 ypfiHiotMnpm 40 239 218 21 2494 Sale July July July July July July ro?4 July 296 July 1294 4 441 431 July 29 July 29 43 July July July 44 9 27 23 16 20 23 20 6 4496 June 29 57 July 6 6394 Jan. * 6 15 4 Jan. 7 2296 June 28 2 June 29 June 1 64 3696 July 12 "0 "i9~"~Jufy~26 June 1 June 17 Mar. 11 June 16 2 9 8 9 9 2 97 11 July' July July July July July Highest Sale Prices June 17 June 29 June 26 34 34 July May 3096 June 103 Apr. 1794 July 34 35 2 23996 July 28 215 20 1 2596 July 24 29 27 17 26 9 "\m Sale" 85 7896 Sale 8394 1794 Sale 75 80 7734 7934 6796 Sale 7696 July 6094 July 2434 Sale 6094 Sale 23 9596 15496 4896 39 94 85 Sale 8394 4096 Sale 66 67 6894 8696 2094 6994 139 141U 117 60 61 Sale L7294 173 Sale 59 9594 98 99 H1X934 132 15494 1 4896 £ 7794 2896 £ 125 10294 £ 3594 Sale Sale Sale Sale Sale 1296 300 Sale 50 il* Sail* Sale Sale 9396 9 95 Sale 1296 1394 17496 300 1096 Sale 56 Sale > el'A *"f"" Juiy Sale Sale 4496 Sale 296 394 2596 22 1496 Sale 1394 Sale 39 4796 Sale Sale 108 10994 103 Sale Sale 21 1996 Sale 9 894 994 Sale 50 ! Sale 4694 12296 117 11996 117 24 Sale Sale Sale 29 25 Sale Sale Sale Sale Sale ' Sale 26 Sale 140 24 Sale Sale Sale 5394 Sale 17 Sale 4696 Sale 12396 126 22 16614 Sale 17 80 1296 Sale 5694 Sale 1096 Sale 4996 183 106 fl8?54 Sale 107 Sale 90 894 Sale 100 Sale 18*" 50 95 142 53 190 55 Sale 7994 Sale 22 105 Sale 107 1 1 July July 1 1 1 July 1 July 23 1 July 894 July 6696 Sale 51 Sale Sale 24 94 July 4894 July 8494 July 140 July 5296 July 5794 Sale 130 13296 13196 July 1 1 1 1 17 * 4496 18 12996 130 23 2296 Sale 172 1094 165 75 14 1 134 > 1494 Sale 94 1096 7094 Sale 1596 Sale 175 140 1 July July 7694 July Sale Sale 137 2 1 1 10 1 1 1 5296 July 1 17 July 45 July 20 2 126 July 9 2194 July 5794 Sale 83 135 13 21 85 Sale 1 , 82 Sale *63 July July July July July 5694 Sale 7696 Sale 134 7 6 5194 July 4596 July 1996 July 2294 Sale 157 157 153 July 15 2 Sale 3496 July & 2996 27 2 29 July 6396 7694 Sale 147 Sale 103 Sale Sale Sale Sale 11X 70 Sale 1 2 6 1596 July 1 696 July 6 39 July 42 July 22 Sale 68 July 2294 July 419? July Sale 1496 15 46 4394 Sale 28 9? Mar. 11 Feb. 3 Jan. 9 Jan. 26 Jan. 7 Jan. 25 Jan. 22 Feb. 25 Feb. 18 Feb. 11 Feb. 11 Feb. 17 Feb. 18 Mar. 15 Jan. 26 2396 Apr. 12 22 May 14 June 21 June 1 8396 Jan. 2$ Jan. Mar. Mar. Mar. Jan. Jan. Feb. Feb. Feb. Jan. Jan. Feb. Feb. June 3494 Jan. 80 83 June Jan. 2096 June 59 Apr. 5794 Apr. 125 Mar. 9094 June 15296 Apr . 46 June 77 June June Jan. 28 115 98 Apr. 1 July 1296 July 1694 July 88 July 2 894 July 1 5694 July 1096 July 1 1 1 1 June June June ; June ! Mar. June 1396 July 24 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 I July July July July July July 26 26 26 26 7 23 22 29 14 30 20 31 28 27 12 23 6 21 26 24 26 26 1 31 26 14 13 31 20 31 21 July 23 July 13 July 6 July 22 July 13 July 30 July July July July July 02 July 1196 July 7394 July 30 31 7 22 26 23 28 28 1596 July 28 Jan. Mar. Mar. Jan. Mar. Jan. Jan. June 994 July 22 May May May : June 29 June 21 June! June : Jan. Jan. June! June: June ! June: June; June June June Jan. Jan. Jan. Feb. June: June June June : May Apr. June : July 15994 June 7394 June 7496 May 12894 May 1196 June 1596 June 88 June 794 June 5496 June 696 Jan. 100 Jan, 4496 Jan, 4794 May 79 18 Apr. 105 May Jan. 4 4 7 25 3 31 21 2 28 18 4 22 18 22 22 5 13 13 3 16 15 11 4 5 8 20 10 1 15 13 1$ 12 . H ■ 73 26 56 143 25 187 99 9996 15096 2096 2996 107 Jan. Jan. Jan. Jan. Jan'. Jan. Jan. Feb. Jan. Feb. '• Jan. ? Jan, Jan. Feb. Feb. 3 8?3 , * 21 _ 1_ 13 25 8 28 4 26 3 "3 13 10 18 79 12 20 23 185 23 7996 Feb. 23 Mar. 10 Feb. 23 Jan. 16 Feb. 13 1UM - . 21 11 3 30 19 Mar. 11 Jan. 28 Jan. 29 Jan. 5 Apr, : 37 June 12496 June 2196 June 16 4 18 18 9 0 Jan. Mar. Feb. Feb. Mar. Apr. May 4896 May 1596 June Mar. Jang Jan. Jan. Jan. Feb. Mar. Mar. Mar. Mar. Feb. Mar. Feb. Feb. Mar. Jan. Mar. Feb. Feb. June Jan. 28 13 15 11 22 Apr. 20 July 28 Jan. 1696 July 26 July 26 27 July 7 94 July 9 9 ar. Jan. 16 •32 May 27 21 % Mar. 6 85 Mar. 9 23 June 496 May 26 5896 July" 21 63"""July"28 2 5296 July 5894 July 20 8 85 July July 27 65 8696 79 12 2494 July 31 21 Sale July 2496 July 16 106 10996 10696 July 29 107 65 Sale 8496 Apr. 20 June 1 1494 July 1 2194 July 25 July 20 2 90 July 6 1 July 1396 July 24 50 28;^ Sale 419*, Sale Sale Sale 23 22 14 27 26 17 23 23 31 2 12 12 8 7 15 74 57 29 MX m 4294 Sale 22 61 696 July July *95 July 9596 July 3094 July 64 July 6794 July 135 July 110 July 157 July July 83 July 3294 July 141 July 10896 July 40 2896 July 131 July 10196 July 1 7996 July 23 7194 July 19 2696 July 23 July 496 36H 9 2 July July July July July July July July July July July July f896 2Vh 3\ 34 L02 81 "25m Sale" "17"" Jul"y"i *2096 JGiy"3i Sale Prices 55 Mar, 8 69 Mar. 6 June 17 258 June 28 33 9& June 22 16,900 Anaconda Wire Ac Cable.... 144,800 Anchor Cap Corp..,.......* 2,060 $6.58 conv preferred..... 36 Sale Prices 50 July 23 Jul 3394 July 26 *1794 Sale 237 3196 Sale 52,000 American Stores...........* f 25 54,500 American Sugar Refining. 100 541 8,300 Preferred .100 137' 38,100 Amer Sumatra Tobacco.....* 23 305,200 Amer Telep Ac Teleg 100 185 j 73,300 American Tobacco ........25 95 211,700 Class B .....25 97 15,000 6% preferred...........100 146 375,800 American Type Founders...* 763,900 Am Wat Wks 4k El.... • 5,200 $6 1st preferred..........* 282,600 American Woolen........_.* 190.100 Preferred ...100 1.388,90 Amer Zinc, Lead 8c Smelt 1 2,100 $6 preferred ........25 . . Sale 30 42)4 Sale 42,400 $5 prior conv pref....,..25 2,391,800 Anaconda Copper. ...5e 900 4594 July 6 57 * July 6 72 July 6 1696 July 1 2296 July 30 29 July 1 296 July 8 6996 July 2 294 July 1 f3 ; Lowest Highest Sale Prices 1494 Sale 4 H Sale „ 203,900 Sale 7134 Sale 294 294 9896 11 H 1194 Sale 4 . , 2296 Sale 78 ., 40.100 3.000 6,700 1,800 2,700 27,500 7,200 19.800 2,600 29,500 125.000 Sale 2294 , 1,700 3,000 Lowest Ask 4994 50 5494 6234 8294 Bale .... 200 300 July 31 Bid > 500 40 ........... . """800 18,700 Adams Express ..... 10,566 July 1 Ask Bid ^222 19,300 Adams MUlls 52,000 Addressograph Multtgraph 10 56,100 Advance Rumsdy.......... 160,100 Air Reduction Inc..... ....* 156,100 Air-Way Blec Appll Corp....* 80 Alabama 8c Vicksburg Ry.100 226,300 Alasaa Juneau Gold Min.10 987,000 Allegheny Corp........... 136,300 Pref series A $30 wnrr'ta 100 23,000 Pref series A S40 warr'ts 100 14,600 Pref series A $30 ex-war .100 45,600 $2.50 prior conv pref.... 191,600 Alleghany Steel........... 30 Allegh 8c West Ry 0% quar 100 6,100 Allen Industries Inc........1 1 83,500 Allied Chem 8c Dye * 124,800 Allied Mills Co Inc.........* 261,200 Rights 815,300 Allied Stores Corp......... 21,500 5% preferred..........100 512,000 Allls Chalmers Mfg * 87,200 11,400 2,000 2,500 3.200 8,600 Price Jan. 2 1937 ... 368,100 RANGE SINCE JAN. 1 PRICES IN JULY 2 N. T. STOCK EXCHANGE 9,500 Abbott Laboratories.......* 560 Abraham * Straus 52,300 Acme Steel Co.. .......25 1,600 6,600 24,100 2,200 4,100 2,600 20,900 9,800 a k'V' v.- 4 33 SALES AGGREGATE N. Y. STOCK PRICES IN JULY STOCKS Since July Sharer OB Jan. 2 Jan. 1 Shares 3,200 Bid 33 ...—...KM1 119 5% Sale 119% 130 610 4,100 169.900 2.400 2,590,900 17,100 38,500 4,100 210,200 576,200 64,200 200 97,000 576,200 4,700 2.600 73,100 Preferred Armour 200 """205 300 4,800 28,300 4,600 35,500 800 Corporation Preferred... ...——100 6*700 800 101X 102% 45 % Cine RR—100 25- Atl G & W I 88 Lines 4% 982,400 Barnsdall Oil Co... 85,600 Bayuk Cigars Inc 190 170 43,800 6,800 110 1st Sale 28% 7 36 6% 30 7U 38% Sale 26 % .00)2 41 .09 k Sale 61)4 Sale Sale 127 77,500 Brooklyn Union Gas 10,900 Brown Shoe, Inc 131,600 Brunswick-Balke-Coll. 268,100 Bucyrus-Erie Co 2,010 7% preferred.—. 701,000 Budd (E G) Mfg 7,720 Preferred 7% 414,500 Budd Wheel 181,200 Bulova Watch 70,500 Bullard Co 12,700 Burlington Mills Corp 56,300 1,920 16,200 19,100 6,200 12,700 38,700 9,800 1,000 510 15,710 271,100 124,300 5% 280,300 12,050 98,800 81,700 2,400 1,552,800 941,400 96,800 709,500 6,600 9.000 '■ 400 47,800 39,200 10,600 57,900 310 Sale 1,200 630 30 41 k 44 Sale * Sale * Sale 49 * 48 Sale 16 Sale 111)4 Sale 103 » Sale • Sale » Sale 39% 3% 15 % 20% 68 % 27% 43% 17% 16 % Sale 32 V* 28 o 27% Sale Sale conv Sale 5 16 1,760 1,900 Sale Sale 07% a Stamped 95,000 630 Sale 400 3,500 3,000 29,900 7,820 v 45,900 968,600 5% preferred...... 2,800 1,800 1.300 Sale Sale 15% 48% Sale 120 Sale 99% Sale 103' . 106 110 Sale Sale 37)4 Sale 11 Sale 103 X 108)4 42 Sale 80)4 Sale gee page 47 15 45 Sale Central Agutrre Associates.* Fx footnotes 24% 55% Sale 100 31,420 Century Ribbon Mills......* Preferred. .............100 310 Sale Sale 39 111 k 108 Central Foundry Co.... ..1 2,080 Central 111 Lt 4%% pref._100 45,400 Central RR of N J .100 43,200 Central Violeta Sugar Co..19 - 350 Sale Sale ........ 480 Sale 115 Sale Sale' 30 Sale 7 184 Sale 104 29% 16% 32% 96% Sale 31% Sale Sale Sale Sale 96 Sale 141% 125k 1 100 Sale 11% Sale 100 98 31 ...5 . 7% Sale 20% 21 55% 68% 61)4 -3,780 7% preferred...........100 115,300 Caterpillar Tractor • 1,800 5% preferred 100 1,301,200 Celaoese Corp of America.. • 10,740 ^ 7% preferred...........100 96,900 Ceiotex Co • 1,600 60,300 28 24 ' 17,800 48 18 18% 17% Sale Sale Sale Sale 45% Sale —.10 Case (J I) Co 31 Sale 10 29% 0k 97% 18 32 Sale Sale Sale Sale Zl* : 30 101^ 11* Sale 105 1 23 1 1 1 1 2 6 1 1 1 2 8 1 1 1 31 &1 2 1 30 6 98 2 16% July 3% Sale 17% 19% 22% Sale 64% Sale 1| m* 49 1 29 Sale 77% 032% Sale Sale 20 13% 10% 102 1 6 19% July 62% July 28 July 43% July 17% July 16% July 103 July ' 92 22 44 Jan. Mar. 11 June 15 30 5% May 18 70 11% Jan. 29 9% Jan. 30 120 Feb. 5 L20 Feb. 5 June ! 73% June J 20% 27% 38% 100% Jan. 7% July 65 July 7% July 52% July 32 July 16% July 22% July 5 July June ! 16% July 45% 19% 18% 88% 9% 57% 38% 18% 28% 6% 21% 1 1 2 6 27 July 13% July J 1 1 29 July 1 5 July 1 18% July 65 July 28 1 26% July 1 35% July 1 50% July 1 3 July 1 13% July 2 24% July 1 24% July 55% July 26 11% July 23 46 July 15 6 14% July 8 47 July 94% July 28 96% July 31 31% July 31 2 6% July 1 161-^- July 1 112 " " July 1 90 July 9 July 102! 2 July 36! 7 110 July 40% July 28 6 75 July 31 July 26 1 6% July 1 97% July 1 18% July 11 % July 20 8 9% July July July July July July July July July July July July July July July 8 Mar. Jan. Feb. 19 Feb. July 14 June ! Feb. 8 ] July 23 18% June I 20% Apr. ! 47% June Feb. 11 5 Jan. Jan. Jan. 8 Jan. 17 108 Mar. 11 June ! 73 Jan. Feb. 18 Feb. 10 21 June 24 Jan. June 16 22 June : Mar. 10 Jan. 7 75 July Jan. 27% June : Mar. June ! June 22 Apr. : 16 3 10 37 June : Feb. 85 Mar,! Mar. Jan. 41 Apr. 13 21 June ! Jan. 18 38 Apr. ! May 27 13 22 Mar. 23 8 Jan. 1 June Jan. Apr. : Feb. 23 ! Feb. Feb. June July Jan. Jan. June ! 31 June 7 1 21 June 11 29 Jan. June 1 1 9 21 42 June 23 2 103 1 Jan. 35% Feb. 1 20% Jan. 16 L14 Feb. 2 28% Feb. 9 21% June ! ir ii* 8 32 x51% May 33 1 43% Mar. 13% June ! 101 11 Feb. 110% Feb. 111 17 16 45 May May 23% June ! 69% July 24 July 40% Mar. 17 47% Mar. 17 June I 26 12 52% Mar. 25 9% Jan. 12 June : June ! 30 31 22 18 June ! J 34 26 7 Mar. 13 29 37 17 13 23 23 7 Feb. 55% Mar. 17 May 21 116% Feb. 6 June 17 18% Mar. 6 May 14 52% Mar. 10 June 17 94 Mar. 11 Jan. 13 Apr. 26 133 June 14 18% Jan. 9 June 16 34% Feb. 2 9% Feb. 1 5% June 15 June : 29 18 June 18 22 14 Feb. June 29 94% May 27% June 28 19 16 6 Mar. 57% Feb. 18 June 30 104 93 44% Jan. 26 17% June 11 27% June ! 19 1 4 12 22 Jan. June 18 106 June 29 88 69% Jan. 26 Jan. Jan. Jan. Jan. Jan. Jan. Feb. July 26 June 27 July June 12 June ! 8 11 11 13 23 13 14 12 2 14 7 11 3 Mar. 12 Jan. 11 June ! 2 22 June 20 June 22 June Jan. Feb. 9 Apr. Mar. June : Jan. 7 15 2 18 July : June ! July 14 Feb. 9 8 June 29 June Jan. 29 Feb. 1 27 14 27 29% July 19 16% July 29 32% July 29 7% July 12 23% July 13 8 70 July 30% July 21 38% July 21 Feb. 1 June Mar. June Mar. 2 3 24% 12% 28% 4% 17% Jan. 65 July 25 Apr. Feb. June Mar. 9 Jan. 21 35% June Mar. 12 Feb. 2 28 50 Mar. July 28 13 6 Jan. Feb. 25 12 Apr. Jan. 12 19 24 June Feb. 13 June Mar. 19 Jan. 14 Mar. 16 Jan. 9 12 2 12% July July 15% July 48 July 96 * July 99 July 34% July 7% July 184 July 122 ' July 99% July 105 July 39% July 111 July 43% July 78% July 33% July 8% July 102 July 21 July 14 July 10% July 48 6 9 24 8 31 7 13 9 31 14 30 22 31 20 6 15 9 9 25% June 2% iH May July m June 40 : Mar. 11 June : m July Jan. Feb. Jan. 94% July 90 June 30 / June 6% 138 112 85 102% 26% 106% 36% 73% 30 6% June June July 31 July Jan. 22 1 June Feb. July June 24 Jan. ; May 20 Jan. June 9 Jan. [ Mar. 8 May i June ; Jan. i Jan. 28 Jan. 26 June Jan. ' 20 184 June 27 11 June 8% 2 I Apr. 20 June 20 2 8 18 Jan. 96 6 103 ■tfv: U 30 5 101 1 125 June 4% July 26 " •• 28 19% July 25% July f; 1 22 15 ■mmi ... 30 7 42 11* 15)4 6 8 1 Sale 53 47% 28 9 Jan. 49% Mar. 24 8 15 1 37* Sale 26 27 21 23 5 78 1 Sale A..1 iiH 8 12 70% Mar. 13 2% July 16% Feb. 17% Jan. 95 Mar. 2 100 July 15% Apr. 28 24% Mar. 49 Sale Sale 95 10 June 18 8% June 17 Sale Sale • 1% July 45 Sale ..25 18 11 42 * Campbell W 6c C Foundry Canada Dry Ging Ale. Feb. 4 121% Feb. 8 June 30 111 Mar. 6 Jan. 4 13% Feb. 27 2 81% Jan. 99% Mar. 1 4 126 96 Feb. Jan. 6 54% July 12 46% Sale Sale" 1 10 46 18% July 14 46% July 31 51% July 19 18 5 Callahan Zinc-Lead Calumet 6c Hecla Cons Cop .5 "sif 24% 44% Sale 9 9% 2% 2% Sale .......50 c 86 43 32 Sale 5% preferred 43" 25 H Sale Calif Packing Corp. 36% Sale 20 Sale Byron Jackson Co.—...—* 19% 81 5% Sale 5% Sale Sale 29 37% Sale 16% 17% Sale Sale Sale Sale Sale 54 Sale 18 * ...... 4,100 Carpenter Steel Co 173,100 Carriers & General Corp 6,300 12.300 65 Sale Sale Sale Partic preferred........100 Sale 10% Sale 84% Sale 8% Sale 25% 27 13% Sale 29 88% Sale 105 '23% Sale" 250 Car Clinch F 6c Ohio Ry_.100 570 Sale Sale Sale Sale Sale 17% Sale Sale 29 Sale Sale Sale L03 107 7 k Sale 00% 7% 52% Sale 25 1 600 Canada Southern Ry Co..100 900 10% 40% 42 114% 25 79 29% Sale r2% Sale 38 Sale 88 88 k 42 Sale 23 % Sale 43% Sale 8k 10 1% 1% Sale 100 P 82 3% ..100 1,023,700 Canadian Pacific 13,600 Cannon Mills 28,300 Capital Admin Co Ltd 33 preferred class A 2,590 86,400 75 Sale" 115 65 25 Sale ......10 ByersCo.. Sale 23 90 Sale preferred——30 608,700 Butte Copper 6c Zinc 5 720 23% 1 24% July 13% July 111 July 22% July 103 July 41 July 112 July 11% July 87% July 18% July 20% July. 49% July 84% July 17% July 115 July 53 July 26 July 22% July 23 July 75 July 28% July rl% July 38 July 86 July 42 July 23% July 43% July 9 July 1 % July 15% Sale ill* Sale Sale 99 X » 111 40 Sale 18% 120 33 100 15% 8* Sale —* (Bush Term BIdge— Pref ctfs of deposit Butler Brothers 38% 25 Sale 38% 112 112 13 Sale 90% Sale 21% Sale 59% Sale Sale 17 k 118 26 Sale 26 22% 24% 25% 100 103% 103 .16 53 Sale Sale 25 112 Sale 36% — 31 37 Sale 221,500 Burroughs Add Mach * 135,000 (Bush Terminal Co • 20,890 7% debenture.——106 12,600 8,100 64,900 11,900 11% 80% 18% 20% 49 k 84 k 17% Sale 42% 43 106% 107 28% Sale 23% 24% 22k ..5 26,200 36 preferred——. 300,000 Bklyn-Manhattan Transit 36,400 36 preferred series A.. 10 32 ,11 153,600 Brooklyn 6c Queens Transit. * 6,200 16,200 28% Sale Sale Sale Sale Sale 27,000 Briggs 6c Stratton 23,100 Bristol-Myers Co... 600 Sale , 7% Sale Sale 14% Sale 615,000 Bridgeport Brass Co.—.— 312,200 Briggs Manufacturing...... 3,300 2,300 20,900 2,700 48,200 12,900 14,200 Sale 35 Sale 6% July 5% July 88% July 88 July 30 July 34% July 43 July 107 July 33% July 26% July 40% July 28% July 16% July 112% July 27% July 103% July 42 July 114% July 13 July 87% July 21% July 22% July 59% July 98% July 19 July 119% July 64 July 28% July 25% July 24% July 82 July 36% July r2% July 43% July 88% July 45 July 25 July 46% July 11 July 2% July Sale 6 Sale Sale 87 90 8 0k 6% Sale 24 % * 52,300 40,400 Sale Sale 85 33 .03 Sale Beech-Nut Packing.......2i» 34,300 33,900 1,700 3,000 13% 12k 19% Sale 6% 6 34% 39% 41 7,590 Class B_. .ittj 373,400 Borden Co (The) 15 181,800 Borg-Warner Corp.— 5 78,100 Boston 6c Maine. .....100 33,100 (Botany Cons Mills A—50 730 11% Sale Sale 34 k Sale 26 k 30 890 Blumenthal 6c Co pref 100 650,100 Boeing Airplane Co....—5 243,700 Rights 80,800 Bohn Alum 6c Brass Corp...5 5.130 Bon Ami class A......*....,* 180 Sale 10% 15% 5k 5 4)4 1 126,500 14,200 6,800 110 69 k 19 78 k 79 * 1,280 Bloomlngdale Bros. 18% Sale 32,200 7% preferred .......100 22,700 Bigelow-Sanford Carpet Inc * 70,700 Black & Decker Mfg Co * 358,100 Blaw-Knox .....—* 330 50 16 15% 107,300 Beldl n g-Hemingway * 1,100 Beig Nat Rys part pref 365,700 Bendix Aviation Corp 5 110,200 Beneficial Indus Loan Corp.* 30,000 Best 6c Co 1,489,200 Bethlehem Steel Corp (Del).* 68,300 5% preferred.... .....20 100 33,800 8,600 2,700 156,600 6,700 3,300 2,700 4,700 17,600 19 Sale 51 50)2'Sale 580 Beech Creek RR Co.—...50 8,700 1,400 5,900 98% Sale Sale July 12 10% Feb. 1 88 112 15% Sale 50 k Sale 77 74 k 118H 122 130 21 28 23 9 9 13 23 19 14 28 21 22 26 21 21 7 92 53 37% Jan. 8 112 24% 25 29 % Sale 16 X July July July July July July July July July July July July July July July July June 22 Jan. July May 86% Sale 76 14 8 '52% Jufy"i9 Sale 09 5 w 81 22)4 24 28% Sale preferred...........10S ..25 w 90 43 Beatrice Creamery.... 35 preferred V Sale Sale 73 Atlas Powder. July July 4% July 4% July 78% July 79 July 25% July 29% July 40% July 103 July 28% July 24% July 35% July 87 Sale 112 pref series A... 100 19 15 14 7 17 14 14 7 6 26 28 9 23 28 : 6 108 52 95 53)4 40% .-25 Refining.. conv 18% Sale 84 100 87 112 77)4 Sale 93 97 k 50 16 105 31)2 __100 5% preferred Atlantic Sale 26)4 Sale 95 100 85 Sale 11 Sale 92 70 —— 600 . 00 623,600 (Baldwin Locomotive Works * 350,700 Assented.— 26,700 Preferred i—...........ltd 22,600 Preferred assented..... 1,695,100 Baltimore 6c Ohio 10U 199,100 4% preferred .....100 14,100 Bangor 6c Aroostook—....50 4,510 5% conv preferred 100 372,600 Barber Co Inc..——,.—10 r 58,100 Barker Bros-.: —i.—— 9,140 5%% preferred 50 7,900 ' 120 MH 14 Ilk 16)4 Sale 48 ....... 53.300 6,400 • 83 109 1,650 5% preferred..... 100 28,500 AtlasTack Corp.—.——* 146,700 Auburn Automobile 61,700 Austin, Nichols 8c Co ......* 5,660 $5 prior A.—.—...—...* 744,200 Aviation Corp (Del) The 3 170 / 98 Sale 100 ... 34,700 830 100 95 >2 ....100 5% preferred Atlan Coast 10 21X iOt' lopflcSFe 11% July July July July July July July July July July July July July July July " Sale 95 5% pref with warrants.. 100 5% preferred ex-warr—100 Atchison 23,700 200 220 15! Sale Sale 361,000 Atlas Corp 38,700 6% preferred——————50 |' 2,200 12,400 5,400 20,400 2,800 15! Artloom 37,000 322,200 14,400 ;; 15.200 478,400 , Corp..—5 Highest Sale Prices 76% July 97% July 49% July 19 July 22% July 28% July 109 July 15% July 50% July 69% July 119 July 11% July 15% July 5% July 34% July 6 July Sale Sale 103 Rights 50 45,900 25,500 1,500 1,000 91,700 8,500 1,000 61 Arnold Constable 582,100 17,700 4,800 3,500 Cork Co........* Armstrong 2,930 43",800 Sale Sale 126 Lowest Sale Prices July 24% 7% July 7% 39% July 43% 120 119% July 107% July 109% 11% July 12% 87 % July 91% 102 July 8 103 54! July 12 63 1; July 10 2% 12 July 2 14% 10 July 1 11% .00 July 23 100 19 10% July 1 87 July: 6 87 120 Sale " 134)4 7% preferred...........100 Highest Sale Prices 20 23 A* Sale ......5 preferred. Lowest Sale Sale 100 (Del) 7% pref $6 convertible 194,100 Associated Dry Goods..— 5,700 6% 1st preferred.......100 380 7% 2d proferred 100 6,900 Associated Investment Co..* 30,500 Ask Armour of Illinois.... 220 100 ■ Sale Prices Ask Sale 5% 42% M July 31 July 1 _1937 Par 19,000 Andes Copper Mining Co—20 34,200 A P W Paper Co........ ~ 36,700 Archer Daniels Mid......—. 800 500 RANGE SINCE JAN. 1 Price ». T. STOCK EXCHAN In EXCHANGE—STOCKS June May 7 12 ! Jan. 15 Jan. 11 [ Mar. 3 Jan. 14 , Aug., 1937] aggregate N. Y. STOCK sales In July Jan. 1 Shares PRICES IN JULY .w" Price Since Shares ? 25,400 16,700 2,230 % N. Y. STOCK EXCHANGE •<t '(f £ • , j. i !• >,-i. '2,380 6% preferred...........10 ) 120,500 Common 7,700 Checker Cab —5 4,400 1,000 Bid 1 Chesapeake 8c Ohio.......29 Pref series A...........100 JChic A Kant III RR i«w 4% preferred 100 ^Chicago Great Western.100 4% preferred 100 Sale Sale 18,700 280 ' . 940 13,500 6,300 40 900 46,700 1,200 9,200 470 «~5",666 1,310 640 10 2,300 4,800 400 180,860 \ 2.800 230 r 22,800 600 f 35,000 800 • 74,300 234,000 10,500 1,300 13,000 14 100 „ 25,000 3,500 11,700 19,500 66,000 5,800 1,520 20,600 900 19,200 26,800 6,300 13,000 2,600 8,300 26,500 900 1,700 48,500 2,200 11,800 r £800 7,300 2,250 15,100 1,320 2,200 15,200 3,300 134,500 53,600 155 3,400 6,300 3,000 780 24,400 :: . 7,500 10,200 13,300 29,800 2,600 " 274 3154 Sale 5 Sale tChlc Rock Isl A Pac 4% preferred Chicago Yellow Cab 2 474 2454 Sale Sale 45 14 26 21*4 1374 51 Sale Sale Sale * Chile Copper....25 Chrysler Corporation -.5 City Ice A Fuel.... .....• 115 19 86 CCCAStLRyCo5% pf.100 CleveElec 111 14.50 ser 1674 1074 5274 9874 1774 8074 Sale Prices Sale Prices Sale Prices 50 "1674 Sale" 34 74 100 Rights 7674 July 23 15 July 13 6674 July 8 Colgate-Palmollve-Peet Co..* 6% preferred Collins.A Alternant 100 * ...».... 5% preferred Colonial Beacon OP 104 4074 Sale 36 82 47 * Colorado Fuel A Iron Corp..* Colorado A 126"" 127"" 15774 57 1974 10274 4974 10874 5874 Sale 16" "2974 25 21 4% 2d preferred........100 30 3274 1574 Sale 46 2074 100 4% 1st preferred Columbian Carbon 124*" 56 57 2074 Sale 10354 10474 100 Southern 21 16 Sale 1574 27 119 * 11974 121 Columbia Pictures Corp vt c * 3574 Sale 12.75 conv pref 42 _.* 4274 Columbia G A El common * 1874 Sale 6% pref series A........100 10574 10674 5% v t preferred.. c 2974 4174 11 82 11174 120 7674 Sale 7574 5974 10074 6474 117 106 .....100 92 98 68 Sale 66,300 204,700 6,100 1,790 18,000 44,300 1,250 2,890 w Conde-Nost Publlc'ns Congoleum-Nalrn Inc Congress Cigar.. Conn Ry A Ltg 4*4 % pref.100 Consol Aircraft Corp 1 uionnolidated Cigar..... 73.400 858,200 51,000 89,900 1.766,900 2,600 44,600 583,300 244,500 46,480 745,200 248,100 785,200 11,600 . • 7% preferred 100 6}^% prior pref 100 674 % prior pref ex-warr.lOO 270 78,800 * Consol Film Industrv. 1 $2 partic preferred.......* Consol Edison Co of N Y Vnc * $5 preferred..............* Consol Laundries Corp.... o Consolidated Oil Corp $5 preferred * * Consol RR of Cuba 6% pf_100 t'ionsoHdated Textile. * Consolidation Coal Co vtc.25 5% preferred v t c 100 Container Corp of Amerlca.20 .. Continental Bak cl A • Class 8% preferred...........100 356,500 Continental Can..........20 1774 1674 Cuban American Sugar ..10 Preferred... 22,200 Cudahy Packing 198,302 39,000 1,834,000 691,500 2,270 .1.100 Curtis 100 50 Publishing Co (The)* Preferred • Curtiss Wright Corp... Class A 1 1 ... ?ushmans Sons 7% pref..100 $8 preferred ...* 23,200 Cutler-Hammer, Inc........* 29,300 Uavega Stores Corp ;._S Conv 5% preferred 24,100 25 3,800 Dayton Pr A Lt 4)4 % pref 100 213,100 Deere A Co...... Preferred 41,600 20 51,300 3 lesel-Wemmer-GllbertCor pi 0 369,800 Delaware A Hudson 100 50 579,100 Jel Lack A Western 51,900 ^Denver RIoGr A Wes pref 100 ■' ■> ' TV:'V For footnotes see page 40* . ,•, Ir,-: r.*-, i N' V ' ' i • 1374 274 4874 1374 Sale 36 20 12 1174 1974 2274 1074 ~1774 7874 79 84 9074 Sale 8074 110 8574 85 274 574 Sale 17 Sale 4474 Sale 10674 10874 974 974 1674 Sale 10474 106 10 1074 1074 3374 103 974 1574 1047? 474 74 Sale 974 Sale 3674 Sale 2074 Sale 2974 Sale 374 Sale 98 102 6774 2074 4074 274 4474 2674 98.700 Continental Diamond Fibre 5 147,600 Continental Insurance..2.50 512,800 Continental Motors ___..l 555,500 Continental Oil of Del 5 101,400 Continental Steel Corp * 22,010 Corn Exch Bank Trust Co..20 64 183,300 Corn Prod Refining 25 6874 7,000 Preferred... 100 170 521,300 Cpty, Inc ......... .....* 674 214,300 Crane: CO-................25 4974 38,932 \7% preferred 100 119 5 % conv preferred 52,800 100 32,200 Cream of Wheat ctfs.......* "3574 74,200 Crosley Radio 2674 222,800 Crown Cork A Seal • 76 t 7,800 $2.25 conv pref w w _..* 5474 14,400 Preferred ex-warrants * 47 1,153,900 Crown Zellerbach Corp 5 1774 25,600 $5 conv pref * 215,600 Crucible Steel of Amer 100 "5§"" Preferred 8,500 160 11874 89,000 Cuba Co (The) * 274 vr 9,280 Cuba RR 6% preferred... 100 16 267,000 10,580 120 1874 Sale 374 Sale 6974 7074 1374 1474 37 974 38 2874 2074 274 84 26 64 Sale Sale 6174 Sale 5274 1874 3674 274 Sale Sale Sale Sale 44 Sale 2674 157 Sale Sale 125 7 Sale ■ *36" Sale 2874 Sale 2074 Sale 7274 Sale 4274 4874 38 3974 Sale Sale 5674 Sale Sale 18 V- 9674 Sale" 62 114 Sale 9774 Sale 120 174 Sale 874 1374 Sale Sale Sale 4074 Sale 116% Sale 102 123 Sale £874 Sale 115 Sale z37T4 Sale 10 77 Sale Sale 574 Sale 1774 Sale 6974 74 Sale 52 Sale 75 Sale 16874 Sale" 100 10574 2974 2874 12974 Sale Sale Sale Sale Sale 1274 1974 27 Sale 1474 2074 Sale Sale 1874 Sale 36 1774 Sale 8 108 112 4674 Sale 8674 88 •8 4874 4974 8274 Sale 1674 1774 43 874 Sale 45 Sale 1 July 7 July 2474 July 174 July 354 July 1 9 2 2 1 874 274 1274 8 2774 2 474 4 10 July 2374 July 3974 July 2 July 5 July 4 July 14 July 1674 July 10 July 55 July 9474 July 1774 July 80 July 72 July 674 July 38 July 2 1274 1 27 6 41 2 74 2 2 674 6 1 16 1674 1 19 1 1174 6 5974 1 11674 31 I874 2 84 16 74 6 874 6 45 104 39 July ; 88 „ Sale 3974 Sale 1874 Sale 10674 10674 674 Sale 1974 Sale 80 69 July 8074 5774 9874 2 >4 27 20 20 9 8 21 8 7 13 8 28 13 1 6 10 7 12 13 9 8 7 9 14 22 8 31 19 21 15 28 31 1 108 July 17 9 47 July 31 28 88 July 28 28 5074 July 23 2974 July 15 21 130 July 8 174 July 12 1 159" Sale" 15674 July Sale 1 16274 July 20 5874 5774 5874 5774 July 23 5874 July 12 Sale 18 1874 Sale July 29 20 July 6 10274 10274 103 10274 July 7 103 July 29 Sale 49 74 July 5474 Sale 57 1 July 22 110 112 109 10774 July 10 110 July 28 42 31 39 Sale 3674 37 3274 July 1 "39"""July"l6 Sale 1674 Sale 1574 July 1 1774 July 24 19 Sale 2074 19 1774 July 21 July 12 17 17 21 1774 22 July 21 July 21 Sale 120 12274 119 July 1 12374 July 12 Sale 2974 Sale 2874 July 16 3174 July 7 4274 40 4274 42 July 26 43 July 6 Sale 11 1474 Sale July 1 1574 July 26 Sale 91 9274 82 July 1 91 July 28 Sale 75 8174 90 July 8 80 July 23 62 Sale Sale 59 July 1 6374 July 19 103 105 10474 10474 July 12 106 July 20 Sale 6674 Sale 6374 July 2 6774 July 19 119 105 10574 107 July 27 107 July 19 Sale 1474 Sale 1374 July 2 1574 July 28 3 Sale Sale 274 July 1 374 July 24 56 Sale 48 A July Sale 1 5974 July 26 14 1374 Sale 1374 July 12 14 July 22 3674 3874 Sale 3674 July 2 39 July 29 13 14 16 1274 July 15 9 July 30 14 1574 1374 July 10 14 July 9 23 Sale Sale 26 2174 July 2 July 7 12 1274 1174 July 30 1274 July 14 1174 8274 7974 79 July 15 80 July 9 85 Sale 8574 86 July 15 86 July 6 90 85 90 86 July 22 86 July 22 Sale 374 274 July 6 374 July 10 374 Sale 10 74 July 1374 Sale 1 14 July 9 33 74 July Sale 3874 Sale 1 41 July 24 Sale 10374 10374 10274 July 15 10374 July 7 9 Sale Sale 874 July 31 1074 July 7 Sale 1574 Sale 1574 July 1 1674 July 12 July 22 105 w.._. 10474 10874 105 July 22 Sale 474 July 1 774 July 23 74 July 14 7? July 2 8 J4 July 26 9 Sale Sale 1074 July 7 Sale 38 Sale 37 July 27 4274 July 14 28 74 July Sale 3074 Sale 1 3274 July 16 Sale 2374 .2374 2074 July 1 2774 July 9 Sale 374 Sale 274 July 1 374 July 8 Sale 84 9074 92 July 1 9374 July 9 Sale 1 2074 Sale Sale Sale Sale 1374 Sale 126 5 27? 10 61 20 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 50 Sale 50 4974 July 25 Sale 2874 Sale 25 July 130 13174 12674 12974 12574 July % Sale f % July —- 12274 Sale Sale 88 85 100 * It 288 18 f' July 2 1574 July 1 July 2 51 July 31 94 July 1 274 July 8 774 July 1 69 109 10074,— - 10074 97 111H—— - Coca-Cola Co (The)........* Class Sale 174 2 474 Sale 374 Sale 1174 Sale 474 774 Sale 3874 37 Sale . 25 July 13 56 ; 7 774 274 Sale 1074 1174 774 974 Sale 1574 16 Sale 1774 Sale Sale 1174 Sale 57 65 55 Sale 11674 Sale 1774 1774 Sale 84 Sale Sale 73 63 duett, Peabody A Co Preferred Sale 4 Sale * .; 274 5 72 5174 Sale 9474 9874 274 274 :* Sale 3 74 Sale 974 1074 2474 Sale 39 3974 6% Sale 6 74 Sale 2 Sale 1154 Chlckasha Cotton Oil.....10 ChildaCo 3 Sale Sale Sale 774 2474 71 374 Sale 100 100 ; 69 Sale Sale "*274 Sale" .100 7% proffer red 374 1174 24 241,200 Commercial Credit ...10 11,400 % conv preferred 100 184,800 Comm'l Investment Trust..* 12,000 $4.25 con pref ser of '35..* 919,300 Commercial Solvents.. .* 2,214,400 Commonwealth A Southern * 84,400 $6 preferred „._* 10 7,400 22,300 6,300 1,360 72,900 14,800 29,000 1,100 31 4% 67,500 1,080 257,100 67,800 5,400 568,600 11,400 144,000 4,500 1,310 88,000 10,150 7,510 V< 1,910 31,700 93,800 10,400 1,733,500 21,600 1,780 70 180 132,600 9. 5% preferred... ..100 tChlcago A North West.. 100 •Preferred..............100 Chicago Pneum Tool S3 conv preferred......—* n 18,000 1,900 4,800 7,100 97,100 10,800 5,800 Lowest 107 Sale 274 774 274 10 674 2474 4 Sale Sale 94 > 5 tcmc Mil St Paul A Pacific. • 290 Cleve & Pitts RR Co 7% gtd 50 290 Special guar % 300 20 . 57 62 52 50 8674 Sale Sale 774 2 54 7% Chicago Mall Order Co pref-.* 81,000 Cleve Graphite Bronze (The) 1 ' 3,500 Highest 6474 July 1 13 July 1 5274 July 27 Sale Sale 10874 109 5774 59 ,1574 w* 220 13,400 142,400 Sale 14 55 10774 Sale 6671 Sale tCntc Indianap ft Louis pflOO 674% preferred.........100 City Investing Co... 100 120,700 City Stores... ..........5 99,000 Hark Euuipment 100 50 range since jan. 1 Lowest Ask 74 6474 Sale 1374 Sale 53 Sale Sale 17 h < 56,600 Ask 71 71^ 3774 8554 71,250 ChesipeakeGoro.. < 56,400 m 535,250 i 11,400 1,500 100 40,400 1,300 113,500 % 4,000 129,800 -5,400 200,500 % 100 ■7 2,620 9,800 37,200 '•') 4,500 174,400 19,800 440,900 27,400 352,500 4,200 75,000 17,200 169,100 4,300 ! 6,900 4,600 176,200 4,700 101,100 4.800 95,700 6,700 20,400 5,500 44,500 8,700 182,800 60 2,270 242,400 1,856,800 8,800 98,900 1,180 10,850 120 " July 31 Ask Bid Bid 109x 11074 ..... ; :vyr ' v !■; Highest Sale Prices 60 May 13 1174 June 18 4874 June 19 8674 Mar. 10 2374 Feb. 10 82 Feb. 10 Champion Paper A Fibre Co 270 16,300 ; July 1 1937 Par 33 Jan. 2 > - 357,900 Cerro de Pasco Gopp * 509,300 Certain-Teed Prod—....—1 29,960 6% prior oreferred..-..100 ' 2 EXCHANGE-STOCKS Sale 1574 Sale 474 Sale «8 5674 Sale 1974 1974 39 Sale 5274 1874 3674 274 July 59 1 July 1 2074 July 1 3974 July 2 274 49 July 1 July 2 3174 July 30 6474 July 24 6574 July 10 158 8 July 1 July 1 5174 July 1 116% July 1 11474 July 1 3174 July 31 2274 85 July 1 July 9 47 July 7 4074 July 16 1974 July 28 9974 July 1 7374 July 9 12974 July 1 174 July 2 1274 July 1 974 July 21 115 July 1 3874 July 1 1174 July 29 80 July 1 674 July 1 207? Sale 44 Sale Sale 2674 6274 Sale 6074 Sale 157 15974 156 674 774 Sale 5074 4074 Sale 11634 11674 116% all2T4 Sale 10174 30 31 2874 19 1974 Sale 8374 Sale 7274 4674 4774 44 40 4074 39 19 Sale 1774 9474 9574 Sale 62 71 Sale 120 j j 125 128 174 174' 154 8h 1074 1274 874 974 Sale 111 113 10974 3874 3974 z3774 1074 Sale 974 7474 7674 7474 574 674 Sale 2074 Sale 177? 6974 74 "4774 July *26 54 4774 50 73 75 7474 July 26 7774 1574 1574 1374 July 7 1674 1974 20 1974 July 26 2074 July 1 103 10274 10274 100 1 14374 13974 Sale 12974 July 2674 July 2 29 2774 Sale 1 2074 2074 1874 July 2274 3574 July 2 3674 Sale 4074 15 July 1 1574 Sale 1774 6 474 July 1 574 no 274 4874 2974 6274 6574 . 107 July 13 111 3574 Jan. 4 6374 1474 June 16 48 67 June 28 9074 5074 June 29 6874 91 Apr. 7 100 274 June 26 474 674 June 17 1374 > 2 17 3 June 28 974 June 26 Apr. 28 21 35 2 June 14 June 25 474 June 29 374 June 28 14 June 18 1574 May 1 9*4 June 17 4674 Jan. 22 94 4 Feb. 13 Mar. 6 Mar. 3 Mar. 11 Mar. 16 Mar. 17 Mar. 8 1874 Mar. 6 1274 May 19 32 Jan. 33 20 Mar. 18 Mar. 17 Mar. 4 Feb. 17 Feb. 9 41 June 24 374 1074 874 2774 2274 1574 Mar. Feb. Mar. Jan. Jan. Mar. 374 774 674 1974 80 17 19 8 14 29 3 Mar. 11 June 30 13574 Feb. 11 1774 June 28 2174 Feb. 18 80 92 June 25 Feb. 18 60 Feb. 16 74 July 15 674 June 21 1074 Mar. 1 3274 Apr. 27 45 July 31 98 May 21 10374 Apr. 5 10274 June 21 113 35 Jan. Jan, 5 47 July Apr. 23 90 Jan. 4774 Mar. 30 5074 Feb. 2374 June 28 2974 July 12574 July 21 13274 June % June 28 174 July 122 *4 Jan. 6 17074 Apr. 5674 June 29 59 June 1774 June 17 2574 Mar. 102 June 1 10474 Jan. 4774 June 14 6274 Feb. 10774 July 10 11254 Mar. 26 Jan. 8 45 Apr. 31 June 17 5174 Feb. 15 June 28 2774 Mar. 1574 June 17 30 Jan. 1474 June 28 29 Jan. 111 May 18 12554 Apr. 2874 June 17 3974 Jan. 3874 May 18 4674 Jan. 10 June 14 2074 Jan. 86 - 80 June 28 108 75 July 5674 Apr. 8 101 8 6974 100 Mar. 15 114 6374 July 2 8074 10374 May 19 120 13 June 22 2174 2 May 19 474 46 June 23 7574 1374 July 12 1974 34 June 28 4574 1274 June 29 1974 12 June 21 2174 July 974 June 79 July 8374 Apr. 86 July 274 June 10 2 14 15 9 22 18 June 29 3174 June 14 22 26 9 19 6 13 9 12 10 5 14 25 1 20 20 K Jan. 8 Jan. 14 8 Jan. 12 Jan. 26 Jan. 25 Jan. Jan. Jan. Feb. Mar. Jan. 21 13 13 11 23 Jan. 14 11 Mar. 2 Mar. 11 Mar. 5 554 Jan. 20 1854 Jan. 9 4974 Jan. 23 87 95 92 Jan. July May Apr. June 74 May 874 Jan. 31 1374 Feb. 14 1774 Apr. 9 10574 Jan. 30 1054 Jan. 13 154 Feb. 26 1374 Apr. 33 Feb. 24 5254 Apr. 2074 Jan. 4 3754 Apr. 1874 June 17 3754 Jan. 274 June 17 574 Jan. z81 June 18 10954 Feb. 71 14 26 15 3 12 2 Jan. 874 1474 10474 474 50 20 10 1874 12 3574 2 12 19 3974 14 x25 7 6274 31 5474 6 153 6 22 40 July 23 July 27 11374 July 27 10074 2874 July 21 July 12 1874 68 July 20 July 21 4174 39 July 21 July 7 1674 July 6 9474 51 July 20 July 23 115 July 13 174 874 July 23 July 27 774 July 1 10974 July 13 3774 July 7 874 71 July 7 5 July 12 1674 July 16 7 31 July, 7 1874 Jan. 15 9974 June 15 108 July July July July July July July July July July July" June 874 June 26 July 9 2474 July 2 174 June 26 374 June 17 7 Feb. 4 June 10 12 26 5 23 4 27 6 6 13 14 15 17 June 17 6974 Jan* 9 June May May May 28 13 13 14 2554 Jan. 4254 Jan. 23 June 14 35 54 Mar. 374 Feb. 11 49 July 30 77 May 13 7174 Apr. 14 17174 Jan. 4 1074 June 29 July Feb. 19 8 13 15 Jan. Jan. 14 Mar. 16 5674 Feb. 3 May 3 121 June 17 11474 June 29 37 June 15 2854 June 29 23 Jan. 28 July 27 Jan. 16 Jan. 15 3 8 10074 Feb. June 29 5674 Jan. June 29 4774 Jan. 28 June 28 2574 Apr. 13 July 28 10854 Apr. 15 Jan. 4 8154 Mar. 3 May 20 135 Mar. 10 3 May 28 Jan. 11 July 2 1754 Jan. 4 June 15 145? Jan. 12 July 21 127 Jan. 11 May 21 43 Mar. 1 June 17 2054 Feb. 11 June 15 10974 Jan. 6 June 17 854 Mar. 4 May 13 2354 Mar. 6 June 28 86 Jan. 14 4774 July 26 62 6 Feb. 27 July 16 7374 May 21 9074 Mar. 10 July 19 x1274 June 17 1874 Jan. 16 19 July 19 Feb. Apr. 29 24 5 9974 June 28 109 Jan. July 9 5 5 14374 July 23 July 23 10474 Jan. 25*4 June 24 3154 Mar. 5 July 13 Jan. 5 July 19 1774 June 24 29 33 June 28 5854 Mar. 17 July 7 July 7 1374 June 28 2474 Mar. 8 4 June 16 July - 8 1074 Feb. 18 In Since July STOCKS Price EXCHANGE N. Y. STOCK Jan. 2 Jan. 1 Par 2,800 Ask 147 Sale "Y.OOO 7,600 2,000 4,600 21,800 ; 600 900 610 4,600 17,800 3,000 67,000 6,400 I,400 3,000 ; 400 200 , 200 130 31,200 2,800 670 11,600 12,300 290 14,800 10,600 19,500 23,700 10,900 219,900 12,300 7,300 6,100 1,200 4,500 18,300 400 90 2.900 900 • 1,100 13,900 16,600 6,900 1,800 30 6,200 8,900 3,600 2,100 2,340 11,600 "5,466 2,600 100 400 21:366 4,000 15,300 9,000 2,500 10.600 20", 100 1,300 13,200 32,600 1,800 600 9,900 II,000 5,290 12,200 100 5,100 110 42,300 160 1,010 640 1,435,600 87,500 49,400 54,700 84,700 131,400 179,300 12,400 1,740 31,500 8,000 6,000 r 1,100 95,400 Elec Power Ac 35 $6 preferred 155,900 57,200 70 53,400 159,800 63,700 49,920 20,430 83,200 2,000 93,400 95,800 I,830 12,100 6,700 247,600 145,500 6% El Paso Natural 89 Endlcott-Johnson Engineers Pub *5.50 375$ 4% 1st 100 RR Co..50 Eureka Vacuum Clean......5 Evans Products Co 5 Exchange Buffet Corp. .....* Fairbanks Co.............25 '5 95$ ....100 23 )9 Sale 122 Sale 44 54 O ...100 )0 Rico.20 Traction..15 $6 preferred...... ...—* Federal Mining Ac Smelt.. 100 Preferred... ......100 Federal Motor Truck. ......* Federal Screw Works—....♦ Federal Water Service A ♦ Federated Departm't Stores.* >0 — 84.900 Gen 40 690 600 Amer 5 38 1st preferred..........* 5 General Cable.............* General Bronse..... Class A * ... Preferred 7% 100 General Cigar Inc .....* Preferred (7)...........100 ♦ 1,593,600 General Electric 247,750 General Foods 569,700 General Gas & Electric cl A.* 36 conv preferred A 1.890 * 3,691,500 45,600 Sale 10 F0 5 .100 ..10 General Motors Corp 12% Sale 39 Sale 10% Sale •45$ Sale Sale 80 Sale Sale Sale Sale Sale 56 57 114 Sale Sale 59 62}$ 70 ; Sale Sale Sale Sale 79 3 ioT Sale Sale 175$ 21% 53 50% 88% ■ 92% 128 142 101 654 ' P 92 Sale 101% Sale 40 Sale Sale Sale 150 Sale Sale Sale 123}$ Sale 154 Sale Sale Sale 59 62% 119 Sale 108" Sale Sale 118 % Sale Sale Sale Sale Sale 41% Sale 86H Sale 88}$ Sale' 48 51 3454 37 36 A* Sale Sale 48 39 Sale 96 100 59 95$ Sale 275$ Sale 109 52% 50 1125$ Sale 625$ 854 235$ 3% 354 26 5954 jS}y July July 2 1 6 July 2 July July 24 34}$ July 21 July 23 4954 July 6 5 109 48 45 July 2 25 27 Sale 25 July 2 5 Sale 5 12% 36 % 245$ 9954 115$ 10% July 6 2554 101 102 Sale 11% 10% Sale 99% Sale Sale 1154 Sale 135 IS Sale 44 48 110 115 35 Sale 130 "525$ Sale Sale Sale 52% Sale 6154 Sale 120% Sale 50 Sale Sale iS* 10Ih 165$ 10854 Sale 45% Sale 104% Sale 325$ Sale Sale Sale Sale Sale Sale Sale 815$ Sale Sale Sale i Sale Sale Sale Sale 117 1105$ 52% 8 10 13 15 28 12 26 9 325$ June 28 44% Jan. 7 2 June 15 8 7 : 7 28 365$ 25% 9954 1354 135$ 16 19 18 18 Feb. 11 1055$ June 10 1155$ Jan. 8 June 15 1754 Jan. 19 29 13 60 59 60 July May 19 July 31 Mar. 18 a 81^ 86 95 16 Jan. 30 Feb. 19 Feb. 10 Jan. 15 23 Mar. 17 35 Mar. 17 28 80 Mar. 17 Jan. 145$ Jan. 3454 14 21 3 Mar. 254 June 30 654 Jan. 21 Jan. 28 June 23 2 Jan. 28 28 2054 Apr. 495$ May 18 71}$ Jan. 15 150 Mar. 31 21054 Jan. 14 Jan. 11 45}$ June 14 70 165$ June 28 tfiW Jan. 18 Jan. 4 885$ May 25 103 Mar. 11 665$ Jan. 27 150 3 9 129 9454 Apr. 654 June 24 55$ Jan. 3 June 31}$ July 92% July 36 May 39}$ Apr. 31 June 1015$ June 395$ June 3354 July 7 1035$ July 23 42}$ July 7 3254 July 31 2654 51 46 July 9 355$ July 14 3354 65$ July 14 45$ 53 54 July 27 47}$ 119 Ju}y 27 108 4554 July 22 37% 110 July 28 100 11 July 27 7% 55 635$ July 14 30% July 26 24}4 1125$ July 26 105% 45 485$ July 7 25 3354 July 13 5% July 16 155$ July 19 Jan. Jan. Jan. 215$ Apr. 28 54 8 45$ June 28 7 135$ June 29 20 195$ June 29 20 1454 June 28 26 x755$ May 27 14 7 54 June 17 20 18 June 29 12 Jan. 87 2 June 4 Feb. Feb. Jan. 14 1 Apr. 435 6 108 Mar. 2 19 25 14 4 Mar. 12 45 Jan. 9 18 19 39 Feb. 19 41 17 30 107 21 52 June 30 46 Mar. 11 Feb. 9 1 Mar. Feb. 5 5 12 58 Feb. 8 May Mar. 17 25 Jan. 39 Mar. Feb. 9 1 58 Apr. Apr. 3 5 Jan. 14 Jan. Jan. 12 9 Jan. 13 Apr. June 21 128 June 17 54% Feb. June 23 135 June 16 185$ 9 83 June May 14 3254 22 117 June June 14 73 2 48}$ July 3 Mar. 25 Jan. 4 Jan. 8 7% Mar. 3 June 14 155$ July 19 July 19 :r3954 June 21 June 14 July 14 36 % July 19 3854 July 19 22 Apr. 26 33 July 20 2554 July 13 95 May 13 10654 July 2 July 26 101 19% 14 11 June 17 2 July 22 July 1 135$ July 28 10% May 13 15% July 99 July 28 10554 99 July 28 1005$ July 22 101 1 62% June 30 865$ 7054 July 19 Sale 63 July 19}$ 1 1054 June 23 135$ July 8 1154 July 12% July 16 153 16 137 July 21 134 134 136 July 9 2 July 6 75$ June 29 14 8% 754 July 27 20 June 14 1 July 24 26% 2254 July June 17 Sale 50 July 20 5454 July 26 2 118}$ July 23 Apr. 28 114 July 121 June 30 40 31 July 12 Sale 34% July July 26 152 July 6 128 July 26 130 128 59 2 July 24 495$ June 14 64 Sale 52% July 1 36 May 13 44 38% July 24 Sale 3654 July 3 2 2}$ July 26 1% May 19 Sale 154 July 8 64 48 June July 28 525$ July 55% 50 63 60 Mar. 22 65} 1 July Sale 6154 July 1 124 117 May 6 120}$ July Sale 119 July 2 48% June 14 70 5754 July 21 Sale 48% July 1 122 July 1 118 July 17 113 July 11854 113 1 42% May 21 60 5454 July 16 4354 July 52 1 8% May 17 15 115$ July 16 Sale 95$ July 17 15% Apr. 28 19 July 31 Sale 15% July 21 .06 June 21 110 10854 10854 July 17 10854 July M7 5 1 3% July 26 354 June 23 35$ July 3% 41% May 13 65 7 Sale 4354 July 30 4854 July June 28 117 6 1045$ July 6 .04 104% 045$ July 5 3 Apr. 26 4 2 July 27 3 July Sale 31 June 17 48 37 2 July 27 I 3554 31% July 55 June 17 70 2 60 July 23 July 58% 57 48 June 29 88 61 July 13 July Sale 2054 June 28 33^ 2554 July 9 July Sale 38 245$ June 14 43} July 15 July Sale 145$ June 14 20} 155$ July 21 i Sale 7754 July 30 88} 30 7954 July 14 77 M ! 78 4 29 205$ Jan. 245$ July 7 22 July i Sale 805$ June 29 90 8454 July 20 805$ July i 83 39% Apr. 30 51 4554 July 7 43% 4254 July 53 51% May 14 68 July 6 July 1 52% 52 6 4 June 14 55$ July 13 45$ July i Sale 8 55$ July 30 65$ July 9 55$ July i Sale 105 July 22 116 10754 July 21 105 July 105 Sale 6 14 7 8 9254 Jan. 854 July 24 July 23 45$ July 26 35% July 21 975$ July 29 4054 July 7 45 Sale July July July July July July July July July July July Feb. 265$ Jan. Apr. 18 58}$ June 15 8 July 22 1 44% 38% Jjily 6 100 July 110 ■411 9% July 21 6 July 69% 58 1 Sale 275$ July 1 109 July 112 Sale 4% June 15 145$ June 14 62 7 52% July 21}$ July 26 July 22 July 16 43 454 30 24 24 93 136 65$ July 654 July 3% July 31% July 92% July 38 July Sale 315$ 103% 101}$ Sale 3954 Sale 28}$ 48% 28}$ 109 61 July July July July July July July July July July July July 3854 2754 Sale 107% 35% 94 88% Sale 26% 39 x32 Sale Sale < 15$ 5% 24}$ 555$ 115$ 12}$ July 17% July 754 Sale Sale 78 37 July July July July July July July July July July Jusly 90 126 101 Sale 65$ Sale 81 49 20% 90 99., 3 59 Sale 17 118 16 7554 7% 19}$ 254 Sale m Sale 120 50 2054 Sale Sale F«rteotha«A>tM pact 2254 Sale 27 ..... 23 Sale 55$ July 10 24 60 15 254 8% Sale July July July : Sale 1* 20 105 16% July July July 5 11354 4354 Sale .... 72 Sale 16 Sale ...... 62 Sale 7554 41% ......... TA July July July July July 454 July 17 % July 66% July 63 July 3454 July 1 July 4% July 23% July 54 July 108 July 854 July 59 July 60 July Sale Sale 36 preferred t* Sale Sale 108,200 General Public Service.... 74,800 General Ry Signal......... 550 6% preferred 100 696,200 Gen Realty *r Utilities Corp. 1 36 preferred..............* 46,000 .....* 72,600 General Refractories 12,640 Gen Steel Castings 36 pref..* III,500 Gen Theatres Equip Corp...* 18,300 Gen Time In strum Corp...." 641,400 Gillette Safety Rasor 35 conv preferred......... 14,700 438,700 Gimbel Brothers........... 36 preferred..............e 18,300 ......* 177,100 Gild den Co (The) 16,600 4H% conv preferred 50 ...1 283,700 Gobel (Adolf). 220,100 Goebel Brewing Co......... 350 Gold Ac Stock Teleg Co... 100 Sale Sale Sale 30 31% 115$ 35% 9% Sale Sale .._......* 480 7,500 7,000 120 32,200 4,900 8,900 35% Sale II,800 Gen Outdoor Advertising. A* Common * 114,400 36,300 General Printing Ink ...1 Preferred (6)... 172 154 Sale 158 Sale 15% Sale 21% Sale Sale 112 Sale 11 180 155 Sale 58 5 re" "83*" • 50,400 General Mills 4,690 6% preferred 5,400 112% 151 15954 Sale 1305$ 13454 Sale 112% 112 Sale 112 10% 12% Sale 105$ Sale 8 27 4% 1454 115% 15% 56 )7 Transp Corp.....5 General Baking Co 79 110 854 Sale 6% Sale 45$ Sale 11% Sale )5 Sale 13}4 Sale 595$ 44 24}$ Sale )5% SO Sale 12 Sale 18 50 23}$ 35 7 Sale 1854 50 22 Sale 14 % Sale 23 125 73 July 26 4 tM VA Sale 4* 255$ Sale )7 103 6% preferred. 46% 2*54 114% 114% 120 107% Sale Sale 215 Sale Federal Light Ac 2654 26 Sale Sale 54 80 Faiardo Sug Co Porto 5854 Sale 24 12}$ 13}4 18% Sale 65$ Sale 35$ Sale Co....-.* 8% preferred Fairbanks Morse Ac 3854 395$ Sale 9 854 Sale 4% 16% Sale 11% 24% preferred.......100 100 4% 2d preferred , Sale 954 Sale L454 Sale ..... Erie & Pittsburgh 6,200 20 ........* ty w—....* preferred._..—._* preferred 36 cum Gabriel Co (The) Class A * 1 66,500 Galr Co Inc (Robt) 33 preferred 5,020 .........10 II,890 Gamewell Co (The).........* I,250 Gannett Co Inc conv 36 pf..* 169,100 Gar Wood Industries Inc...3 114,700 Gen American Investors....* 36 preferred..............* 6,700 100 23.400 1,100 63,100 1,200 8,800 1,300 14,000 12.300 1 94,900 4,400 9,000 3,300 1,890 8,300 2,600 ..... $5 cony preferred 200,300 1,230 215,000 164,400 54,600 13,300 38,000 6,200 2,200 5,200 4,700 Service. 980 Franklin Simon pref......106 253,400 Freeport Sulphur Co ...10 1,110 6% conv pref .......100 2,450 Fuller Co prior pref........* 5,800 36 2d preferred .....* 10,400 9,000 2,000 9,100 14,800 312,100 113 L554 Sale ri}$ Sale 17 84% 11 8954 i'Z .......100 5% preferred Sale 3654 34 Sale Sale 27 59 % 1954 1954 Sale 3454 Sale 3 50 Gas Co 18,900 6% preferred series A .100 69,800 First National Stores. ......* 287,400 Fllntkote Co (The) ♦ * 19,600 Florence Stove Co.... 5,200 Flora helm Shoe (The) cl A..* 167,100 tFollansbee Bros .....* 10 52,300 Food Machinery Corp.. 8,070 4%% conv preferred....100 .....10 179,400 Foeter^ Wheeler 3,580 7% conv preferred......._* 61,700 Francisco Sugar Co ......* 20 720 Corp.......* preferred 50 16 1554 2254 Sale 85% 82 Sale Sale Highest 110% June 15 146% Jan. 7 95$ Apr. 9 22 May 19 20 June 17 30 May 13 6254 July "20 59% June 29 76% Feb. 17 28 26 June 29 July 2 36 % Feb. 2 35}$ July 8 335$ July 30 40% Feb. 4 18 July 6 xl4% June 14 23 Apr. 10 235$ July 28 Mar. 17 2054 Apr. 28 29 80 June 16 88}$ July 9 96 Mar. 9 June 28 205$ July 20 25 Feb. 9 June 21 3654 July 20 4154 Jan. 25 June 15 395$ July 23 4654 Feb. 17 41}$ July 13 May 13 51 Jan. 28 954 July 6 July 26 125$ Mar. 8 61}$ July 12 475$ May 17 7754 Jan. 25 4354 July 13 11554 July 27 14354 July 13 4954 July 15 55 Jan. 16 455$ Apr. 29 285$ July 7 June 22 3954 Jan. 7 54 July 26 June 25 15$ Jan. 5 June 29 154 July 30 35$ Feb. 19 554 July 22 June 29 85$ Jan. 16 June 15% July 8 2 175$ Jan. 19 145$ July 26 May 28 122 Jan. 19 6454 July 21 148}$ Apr. 28 1805$ Jan. 18 3454 July 31 13054 June 29 1355$ Feb. 19 135$ July 1 11054 June 16 115}$ Jan. 22 135$ July 14 Mar. 5 954 June 17 17 8154 July 20 151 Apr. 29 18154 July 20 58 July 22 150 Apr. 2 163 Jan. 11 365$ July 26 295$ June 15 37% Feb. 11 1354 July 12 16 Mar. 17 1054 June 17 39% July 22 3454 Apr. 28 45}$ Feb. 11 115$ July 9 Feb. 23 954 Apr. 14 16 59}$ July 26 % July 33% July 15 July 21% July 85% July 1954 July 34% July 35 July 39% July 854 July 56 July 11554 July 47% July 6154 33% Highest 17 11854 July 26 9 1954 July 13 35 Sale 32}$ 34 Sale tEIk Horn Coal 6054 27 Sale Sale 159,600 34,900 16,200 4)4% preferred.... 100 77,100 Fidelity Phenlx Fire Ins.2.50 ; 110 Fllene's (Wm) Sons Co—..._* 223,800 Firestone Tire Ac Rubber—10 4,400 1,340 80 ...* Equitable Office Bldg 379,000 Erie Railroad 1,800 64,000 199,200 25,550 3^,400 ...—.—* .... * $7 preferred Elec Storage Battery 205$ 60 Sale Sale 84 Light..—....* I4 ' Sale . 2,200 Lowest Sale Prices July 16% July 20 19 SH Highest Sale Prices 1155$ 115% 112 115 It* .......— Ask Ask Bid Bid 109 190 144 20,000 Detroit Edison 14 12 4,680 Detroit 8c Mackinac Ry Co 100 15}$ 21 \ 25 1,150 5% non cum pref.. 100 61 Sale * 14,200 DevoeAc Reynolds A 27 57,100 Diamond Match— 31H 33}$ 3254 Participating 0% Pref—25 39% 40 12,400 1554 16,100 Diamond T Motor Car Co...2 21% 315,500 Distil Corp-Seagrams Ltd...* 2654 Sale" 86% 16,500 ^354 5% pref with warrants. 100 94% 18% 18,300 Dixie-Vortex Co * 20}$ 21}| 2,040 Class A 41H 47,550 Doehler Die Casting Co.....* 395$ 216,900 Dome Mines Ltd ......* ~49% Sale" 11 28,900 Dominion 8 to res Ltd.......* 11}$ 70 54 Sale 646,040 Douglas Aircraft Co Inc....* 6,600 Dow Chemical Co * 9,200 Dresser (S R) Mfg cony cl A..* Class B ♦ 21,200 17,400 tDuluth South Sh Ac Ati.100 1X4. 28,200 6% preferred —100 8% 32,400 Dunhill International......1 14% 10,800 Duplan Silk...............* 111 350 8% preferred 100 153 Sale 256,700 Du Pont de Nem 8c Co (El).20 130}$ Sale 14,900 6% non-voting deben 100 113 114 2,780 Duquesne Light 5% 1st pf.100 10 Sale 211,500 Eastern Rolling Mills. 5 17254 Sale 74,800 Eastman Kodak Co. of N. J-* 152 2,560 1625$ 6% preferred ..100 315$ Sale 114,200 Baton Mfg. Co..............4 11% Sale 247,100 Kltlngon Schlld — * 86% Sale 312,800 Electric Auto Lite (The).-.5 Sale 526,300 Electric Boat..............3 Elec Ac Musical Ind— Sale 350,200 American shares.......... — 410 o Bid Lowest Sale Prices Jury 31 July 1 1937 Sharer Shares RANGE SINCE JAN. 1 PRICES IN JULY SALES AOOKEOATB .. EXCHANGE-STOCKS N. Y. STOCK 34 ilH Jan. 16 Jan. 28 Feb. 1 Mar. 9 5 Jan. Feb. Jan. 17 14 Feb. 4 Feb. 11 Mar. 4 Mar. 4 Mar. 31 Jan. 23 13 Jan. 21 Feb. Jan. 9 18 29 18 Feb. Feb. 11 Feb. 2 Jan. 9 Feb. 1 Jan. Jan. Jan. Mar. 20 Jan. 19 Jan. 13 Feb. 4 Jan. 22 20 , . 1 Jan. Jan. Feb. 7 4 Jan. 6 Jan. 25 Feb. 11 Feb. 1 Feb. 23 Mar. 9 Mar. 9 28 Jan. Jan. 18 Feb. 25 Feb. 19 Feb. 17 jV-ii .v;:> '■ • v- AUG., 1937] AGGREGATE In N. T. STOCK SALES Since July Share* 71,800 3,200 145,400 7,300 3.700 Bid 761,200 Goodrich (B F) * 45,700 $5 preferred..............* Goodyear T He 230 32 34 Sale Sale * Sale Sale 1,156,900 Graham-Paige R. Ask 96,700 IS preferred..............* 84,500 Gotham Silk Hosiery......* 1,890 Preferred... .......100 115,400 Motors 1 1134 Sale 93 9634 3 34 Sale July 31 12,100 2,500 1,800 3,800 10,700 24,300 68,300 8,200 V - 377.700 144,600 73,700 78.400 60,200 402,800 862,600 89,100 2,140 $3 conv preferred series—* Granite City Steel... ...• Grant (WT) * Great Northern Ir ore prop.* Great Northern pref.....l0o Great West Sug......... ..* Preferred.. 100 190 Green Bay 8c Western RR.100 520 10 16,400 Green (H L) Co............I 700 Greene Cananea Cooper..100 30 132,100 750,200 Greyhound Corp (The).....* 30,200 5%% preferred .....10 87,700 Guantanamo Sugar........* 3,340 8% preferred...........100 23,200 Gulf Mobile Ac Northern.. 100 21,100 6% preferred...........100 1,700 5,200 120 1,500 1,400 500 6,100 370 6% Sale 434 Sale 21 23 Sale 43] 47 34 Sale 20 Sale 4234 Sale Sale 42 145 ... 137,300 • J Smelting & Power Ltd....5 Grand Union Co trust ctfs.-l 52 6234 34 Sale 73 M 80 1434 Sale "3% ""334 51X 56 122 13 5134 53 Hackensack Water...... ...25 3534 3734 3,540 Preferred A ...25 170,000 Hall Printing ..10 * 34,200 Hamilton Watch........ 2,280 Zioo 6% preferred 3,610 Hanna (M A) Co $5 pref. ....* ......... 6,900 7,500 14 3934 Sale 78 7934 3834 Sale 115 Sale 834 Sale 37% July 300 490 , 5,100 64,300 3*256 Hat Corp class A ... ....i 1,520 .100 634 % preferred w w 189,200 Hayes Body Corp........ ...2 19,400 Hazel-Atlas Co.......... ...25 * 412,500 Hecker Prod Corp v t c.. 3,400 Helme (G W) Z~-25 6,700 2,400 18,100 400 20 630 7% preferred.......... .100 3,500 56,800 Hercules 1.800 16,500 Hercules Powder.........--* 220 1,100 900 600 i. Motors.... 800 Hinde & Dauch Paper Co..10 60,200 Holland Furnace 6,450 $5 conv preferred-........* 133,100 Hollander (A) fc Son....... 112,400 Holly Sugar Corp....... * 350 7% preferred.........-.100 33,200 Homestake Mining..... 12.50 11,100 Houdaille-Hershey cl A ....* 5,900 1,040 6,300 4,900 100 22,800 700 20,300 180,000 Class B 1,200 22,500 5% preferred 1,178.200 ........-* 167 140 v 24 129 63 130 152 132 6534 11234 108 35,900 644,000 Illinois Central..........100 1,100 17,100 4% pref aeries A.......100 3,300 Leased line 4% ....100 12,730 RR sec stock ctfs ser A1000 117,500 Indian Refining .....10 332,100 Industrial Rayon Corp.... 24,600 Ingersoll-Rand 310 610 4,800 15,400 2.300 ... 10 870 6% preferred...........100 140,000 Inland Steel.. ...• 722,500 Rights 15,600 W.GOO Sale 12034 12134 2334 Sale 4234 Sale '4134 "42" Sale 4,700 109,800 31,900 A 2,200 5,300 64,500 3,100 87,900 11,200 1,357,400 434 1,370,400 2334 Sale 47 68 71 1534 Sale 1334 1334 3734 Sale 134 117 160 630 1,000 2,600 3,700 , 400 166,000 36,400 Sale Sale 13534 Sale Sale Sale Sale 9 ..* 2,130 Voting trust certificates. 10.800 5% preferred ........100 12,700 International Salt.........* 24,600 International Shoe..... 54,100 International Silver 106 5,415 7% preferred .....100 12,900 2,300 16,100 Jewel Tea Sale 84 1,750 4,500 ■ --v' 126 14,135 lones 8c Laugh Steel pref. 106 27,900 Kalamazoo Stove & Furn ColO 128 44 30 ■ 590 Kansas City Lt 1st pf Ser B * 139,100 Kansas City Southern.... 100 21,300 4% preferred...........100 23,900 Kaufman Dept Stores..S12.50 25,900 Kayser(J) 8c Co 5 380 Keith-Albee Orpheum pf.101 900 10 , 7,400 Kelsey Hayes Wheel78,800 Convertible class A.......1 7,700 75,800 90 124,600 1.379,000 \ ser A.. Kenoecott Copper 173,900 Keystone Steel 8c Wire Co..* 5,600 2,800 33,500 Klmbarly-Clark... 82,900 Kinney (G R)—.....—...1 28,160 8% preferred ...r 610 65 prior preferred ...' !:ooo 580 1 aee page 40. ti • ;v;-v5:~* Conv class B 1,700 Kendall Co $6 pt pf ■ ; Sale 9134 9334 1534 Sale 8134 Sale 234 Sale 9 10 1634 Sale 334 Sale 13 35] 123] 107 July July July July July July July July July July July July 6 165 6 31 17 13 1 1 30 1 22 23 28 1 59 July 9 9234 July 9 14% July 1 74 July 1 234 July 30 634 July 1 14 July 2 334 July 1 2234 July 44 1 133 5834 10534 3234 c4634 10534 2634 32 34 11034 5034 3534 11* in 12534 Sale" 2334 4% 634 5534 110 634 634 1834 Sale 534 Sale 43 4634 152 20 20 42 49 47 Sale 151 l0634 Sale L47 10534 14534 1034 Sale 1034 Sale 834 Sale 12 8 Sale 12 5834 Sale Sale 29 131 1734 Sale 13534 129 Sale 1634 Sale 1134 Sale 634 Sale 9634 634 534 6 63' 46 503 24 253 443 4134 12 Sale 634 Sale .00 534 534 Sale 534 634 Sale 87 Sale Sale Sale 3234 88 21 Sale Sale 107 Sale Sale 44 24 Sale 37 Sale 1034 Sale 2434 Sale .0234 Sale 17 1834 6834 17 29 Jan. 2 4 Jan. Mar. 4 May 20 June 1 Jan. Mar. Mar. Mar. Mar. Feb. Mar. Jan. Juiy 21 Apr. 24 June 2 June 18 May 13 May 26 June 17 Feb. 27 June 16 July Sale 23 12334 1834 Sale 2834 Sale 129 1634 Sale 2534 Sale 24 1034 Sale 2334 10134 10134 17 1734 108 14 Sale 1034 Sale 10134 103 57 28 125 1634 1334 Sale 16 104 106 14 1 1 2 30 30 1 15 6034 Sale 1534 Sale 5634 1534 Sale Sale 41 534 Sale 5034 Sale Sale 6 42 Sale 3734 534 Sale 234 36 9 15 44 3134 _ 8 7 Feb. Jan. 4 Apr. 2 June 9 23 June 17 Feb. 10 Feb. 16 Feb. 18 May 14 Jan. Mar. Feb. Jan. Feb. Jan. 13 June 22 22 5 26 11 10 14 July July July July July July July 1 22 31 12 1 20 20 July 27 May 14 June 17 Jan. 25 Feb. 9 Jan. 6 Feb. 11 July July July July July July July July July July July July 28 27 30 15 13 15 19 12 27 22 13 6 May 17 May 22 July 31 Feb. 3 Feb. 2 Jan. 21 Mar. 12 Jan. 19 June 4 June 28 June 30 July 31 July 15 6 May July 13 May 13 1 July Jan. 27 1 July Apr. 27 June 24 June 9 June 29 5734 8834 1234 62% 234 Mar. June Jan. Jan. June 6Vs July 1334 June 3 May 25 11 4 4 15 1 17 11 _ 41 73 94 1734 9034 5% 15J4 2334 Jan. Mar. Jan. Mar. Jan. Jan. Feb. •/ " • 11 20 22 10 21 21 17 4 Apr. 24 38 Mar. 17 72 6734 Mar. 11 Jan. 20 2534 Mar. 11 2234 Jan. 20 4734 Apr. 20 44 Feb. 5 .43 July 30 13134 Mar. 6 June June June June Mar, June % May 13 3334 Feb. 23 May June 6 June 1334 6434 .1134 1134 2834 934 Jan. Apr. Feb. Jan. Jan. Jan. Jan. June .89 Apr. Apr. 18 20 Apr. 20 July 17 Mar. Mar. Apr. 6334 Apr. May 16 11 14 14 <62 Jan. 4 16 July 26 Jan. 18 1634 Jan. 29 1534 Apr. 9 1834 Jan. 7 Jan. Jan. May Apr. May Feb. Feb. 29 7834 Mar. 10 27 13534 Jan. 5 23 2434 Apr. 6 18 24 Apr. 6 Jan. 12 934 Apr. 6 Jan. 6 L2134 Apr. 6 Feb. 16 June 17 10 June 8 834 Jan. 30 May 26 5734 Feb. 16 June 15 2834 Jan. 25 July 6 4934 Jan. 4 Jan. 2 52 Mar. 11 June 17 110 Feb. 19 May 14 1534 Feb. 17 8 May 27 3634 Jan. May 28 L0734 Apr. 6 June 18 2634 Jan. 30 Jan. 26 30 Apr. 15 Jan. 16 L2634 Mar. 29 30 Jan. 17 Jan. Jan. 18 29 29 8 28 1 28 30 16 1234 June 17 934 June 22 May 25 51 Apr. 29 1434 June 14 3734 July 9 101 5 •'< 2734 Feb. 11 July July 44 ' Feb. 5 Jan. 4 Mar. 9 Jan. 7 Mar. 3 June 29 Jan. 5 June July 8 July 21 July 26 July 12 July 12 July 7 July 19 July 30 July 19 July 1734 July 23 13 34 July 23 8 10434 July 24 July 1 July 6134 July 26 Jl 16 July 21 July 7 9 41 July July 24 2 July 634 July 22 July 10 51 July " July 12 3534 July 1034 July 103 38 Sale 6 3 8 18 11 8 17 14 6934 June June 31 120 Mar. 19 120 31 xl 17 34June 28 June 14 29 11534 Apr. 15 June 7 25 12 July 25 June 19 June 20 20 96 June 26 1 6 2 5 6 Jan. July July July July July July July July July July July 6 2 1 27 2034 Sale 98 38 2 2 10 10 Mar. Mar. Apr. 31 5534 10 12734 30 1634 31 1034 31 534 8 9034 20 534 6 23 10 4334 24 8 41 23 31 31 88 26 15 31 6 100 17 7 21 2534 31 121 2 5 8 Jan. 14 June 29 July July July July July July July July July July July July July July July July July July July 28 8 5 9 June 29 June 28 2 2 18 Jan. 20 12 23 14 17 8 13 9 23 22 26 29 26 8 7 16 11 11 11 Jan. 12 Jan. 22 Feb. 1 Feb. 8 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 July Mar. Mar. Mar, Jan. 96 Jan. 434 Feb. June 14 June 17 June 15 July July 6 July July 24 July 12 July 29 2 July 1 July 6 July 1 July 1 July 2 July 1 July 1 July 1 July 70 70 July 29 7434 Sale 124 2 136 July 6 125 12434 12334 July Sale 118 1 129 July 1 3334 2834 July 3434 8 11934 11834 July 1634 July 1934 25 32 July 27 6 July 2834 1 2034 July 2234 100 July 26 100 73 27 58 88 28 Sale 2734 28 .2234 13234 12634 Sale 17 4334 Sale 2934 31 2434 25 104 110 1734 10434 6034 1934 634 1834 534 5034 Mar. 11 13 29 28 29 27 22 6134 July 27 9334 July 23 1634 July 12 83 July 20 3 July ' 9 July 29 1634 July 7 4 July 22 58 Sale Prices 29 8734 4 4734 14 141 18 1334 Jan. 12 9 30 19 26 14 21 7 10 9 19 22 14 10 27 27 20 10 2334 July 23 July 30 7 62 July 1 17 1434 July 1 13 July 2 3534 July 2 132 12534 July 143 July 30 143 1 119 107 July 41 Sale Sale 3 "1234 July~21 9334 534 2 11734 1 1234 15 101 19 155 2 3134 July 6034 Sale 1434 Sale 42 116 5,200 2,600 2,700 ■: 153 15634 164 128 13334 130 5734 Sale 5734 10334 Sale 10234 33 3334 3234 Sale 15034 Sale 100 .... 40 Sale Sale 88 Sale Sale Sale 20 Sale 1 Inc..............* 1034 July "~1 91 July 27 434 July 1 July July July July July 61 7734 June 2734 Jan. May 734 May 81 July 108 Apr. Sale 10234 Sale 1134 10534 9934 15434 153 Sale 25 2234 Sale 46 23 $6 preferred..............1 114,000 lohns-Manvllle 3,280 Preferred. 370 1434 Sale 334 Sale Sale 28 ... Island Creek Coal—.. Sale Sale IN 44,700 500 20 9434 Sale 136 Sale Sale Sale 191 Sale 160 Sale Internet Tel 8c Tel........* 163,300 I nterstate Dept Stores. 2,100 Preferred.............. IK 31,400 Intertype Corp........... 1,600 3,100 12 47 X 1,499,000 320 135 Sale Internet Nickel of Canada. . July 6 30 July July 6 34 July 1334 July 15 15 July Sale 2734 July 2 31 July Sale 103 July 23 105 July 102 99 July 2 10134 July 4434 42 July 1 4634 July Sale Internet Hydro-Blec Sys A.25 Int Rys of Cent Amer Sale Sale Sale 28 36 21 138 9 60 1 3334 16 80 1 1634 31 11 12 3 22 50 6 12 14 4534 Highest Sale Prices 31 Jan. 4 June Agricultural......* Preferred 136 135 ...... 608,100 7,450 7 4634 5,200 Preferred 100 321.900 Internet Paper Ac Power cl A * 228,800 Class B 801,400 Class C • 16,000 10,500 29,900 27,500 2,150 3 1834 Sale 263,400 Internet Mercan Marine....* 332,200 Int Mining Corp ..1 300 74 1231 ... 127,100 5934 Sale 93 9034 1434 Sale Sale 104,500 Prior preferred .....100 34,100 Int Business Machines 373,000 internet Harvester....... * 18,000 7% preferred 100 1,022,000 33 40 40 2334 5234 July July July July July July July July July July July July July July July July 30 Sale 42 3834 Sale 38 10134 Sale 10434 106 10134 2334 2434 2334 Sale 2334 2934 Sale 3234 3234 2934 111 11034 11034 4934 Sale 4834 Sale" 4734 37 3234 3734 35 3534 19 Sale 2234 Sale 19 Sale' Interlake Iron.............* 587,8001Internal 13,800 If 6834 Sale 64,400 Inauranshares Ctfs Inc ...1 91,800 tlnterboro Rap Tran Ttc 100 35,300 d Interchemical Corp 2,830 6% preferred .100 209,600 Intercontinental Rubber...* 110 62 10234 104 30 49 34 940,900 Inspiration Cons Copper..20 11,300 9,000 1,000 5734 July 334 July 28 34 25 144 t c.25 258,600 Howe Sound Co—.......-b 56,800 Hudson 8c Manhattan 100 15,900 5% preferred...........100 558,300 Hudson Motor Car.........* 134.100 Hupp Motor Car Corp..... 30 10 20 Sale Sale 155 14834 158 ......100 Houston OH of Texas July July July July July July July July July July July, July 2?54 164 2434 Common stock 6,600 „ July July July July July July 31 101 Sale 6 Household Finance- 1,200 83,900 18,500 6,000 1,000 30,700 52,100 30 125 107 16 34 10834 3434 Sale 1,830 6% preferred .......100 10,500 Hershey Chocolate.........* 10,400 $4 conv preferred....— 834 §34 234 3 1734 Sale 33 Sale 35 Sale 1934 Sale 4834 Sale 35 Sale 135 Sale 5034 60 2834 Sale 6034 7534 1434 Sale 1034 11 234 Sale 31 44 934 1034 40 4434 110 1634 July , 10034 101J4 1334 Sale Sale :i6o 12834 130 6% preferred— 42.600 330 Sale Harbison Walker Refrac. 310 - " Sale 106 14 1 41% July 80 July 8 4234 July 26 114 July 126 July 23 834 July 1 10 July 9 81 July 29 8534 July 13 334 July 1 434 July 12 334 Sale 2634 Lowest 14 79 83 81 Highest Sale Prices 3734 July 1434 Sale 2734 2734 10434 Sale 98 99 42 Sale 130 13734 1034 Sale 9334 Sale 434 Sale 101 10234 1134 Sale ........ Lowest Sale Prices Ask Bid Granby Consol Mining ; RANGE SINCE JAN. 1 I July 1 1937 Par 1,737,200 35 Price Jan. 2 Jan. 1 Shaw V' EXCHANGE—STOCKS PRICES IN JULY STOCKS N. Y. STOCK EXCHANGE ■ June 14 July 10 3134 July 12 Feb. Jan. Mar. Mar. Jan. Mar. Jan. Jan. 2 15 6 17 17 16 5 18 14 Feb. 11 Jan. 14 Feb. 4 Mar. 10 Mar. 8 Apr. 14 Mar. 30 Mar. 80 6 July mm EXCHANGE-STOCKS N. Y. STOCK 36 range since jan. 1 prices in july sales aggregate STOCKS N. T. STOCK Since Price Jan. 2 EXCHANGE .. - Kresge (S S) Co 130 9* 32,800 A* IP Sale Sale 399* 160 Sale Sale 16 5* 82,700 Liquid Carbonic...........* New J......_.-* 5,700 510,900 Loew's Incorporated $6.50 preferred.....——.* 6,600 531,000 Loft Incorporated. Sale 107 29* Sale Sale 232,600 Lone Star Cement Corp.—..* 315,700 umg Bell Lumber A 2b 31,600 Loose-Wiles Biscuit 5% preferred .....100 I,430 10 300,500 Lorlllard (P) common Preferred 100 5,210 • 59,000 Louisville Gas Ac Blec A 100 50,000 Louisville Ac Nashville 43}* Sale Sale Sale Sale Sale Sale 369,100 Ludlum Steel..............1 9,500 MacAndrews At Forbes Go—10 310 6% preferred —-* 220,300 Mack Truck Inc............* * 180,900 Macy (R H) Co, Ine * 37,600 Madison Square Garden 44 55 7 531,900 95,800 125,000 46,600 14}* 30 143* 24}* 19 3}* Sale Sale $3 preferred ww 6,400 $3 preferred 160 48,800 212,600 5,400 39,100 47,800 174,300 69,600 622,500 0 34,800 118,500 50 110 Sale Sale ex-warrants..* ......... " $6 1st preferred 910 ■ - • tMcCrory Stores new com .1 6% conv preferred.... 100 McGraw Electric Co.....—-A McGraw Hill Pub Co ._.* Mclntyre Porcupine Mines..5 McCall Corp 890 conv .j 18 85 90 50 18 Sale 34 Sale 36} 13} Sale 44 Sale Mollne Pow Implem—* * St Paul At S S M....IO11 19,800 II,400 Minn 7% preferred—.... 100 10,100 4% leased lines .....100 8,510 * 98,300 Mission Corp 236,500 Mo Kan-Texas 5% preferred series A... 100 335,600 ...100 95,500 {Missouri Pacific Convertible preferred.. 100 257,800 20 141,610 Mohawk Carpet Mills 78,000 Monsanto Chemical Wks—10 ..* 1,251,600 Montgomery Ward At Co • 9,700 Morrell (J) Ac Co ....... 3,790 975,400 . 50 Mother Lode Coalition.....* • 129,900 Motor Products ...........5 124,390 Motor Wheel.. ...1 28,400 Mueller Brass Co 94,300 vtuiltns Mfg Corp Class B...1 New.—. i.1 <4,700 Sale 73"* Sale Sale 11 Sale 955* Sale 38 K 40" Sale 28 Sale Sale 30}* Sale 395* Sale Sale 655* Sale 19}* Sale Sale Sale 39 59}* 17}* 122 11* 94 Sale 35}* 3}| 5 Sale 3 si* 97 565* 42}* 32 Sale Sale 97 96 Sale 117 112 118 14 Sale 1023* 105 1}* ih 15* 3H 25* Sale 2 „ y;i'4 ■ Sale I Sale 25 Sale Sale : Sale ; Sale I 35* Sale Sale ; w Sale Sale Sale 98}* Sale Sale y 33}* Sale 42 Sale Sale Sale" I 285* 29}* 5% preferred 100 Murray Corp of America..lt Myers (F E) Ac Bros..—...—* 065* 108 17}* Sale 60 61}* Nash-Kelvtnator Corp.—_5 I 40. 35 Vs 101 1033* Sale Sale 29 Sale 73}* Sale Far footnotes see page 98~ 40 19 14 H 32 162J* 41 Sale Sale Sale ----- 33 Sale 100 H 102}* 31H Sale Sale 105}* I Sale 62 ; Sale 31 I Sale !2vs 1 35}* July July 59 July 17 }* July 27}* July 345* July 109}* July 96 July 99 July 112 July 30 118 Sale Sale [ Sale 95 y8 33}* Sale Sale 62 July* 17 July July 32 183* July 12}* July 23 July 1493* July 25 m July 953* July 325* July 1 51 Feb. Feb. 6 203 28 1 1 245* Mar. 17 3 9* Jan. 18 June 29 18}* Jan. Jan. 4 July 29 Jan. 4 July June May June 28 M June 1055* July June 20 18 10 11 9 16 2 26 4 28 13 6 15 14 Mar. 3 53; 26! 853 28 110 22 3 }* 14 753* 17 105* 17 433* 22 110 26 285* 16 1475* _ July July Jan. Feb. Mar. Jan. Jan. May Feb. Jan. . 26 30 23 2 11 26 8 12 8 20 285* Jan. 13 July 19}* June 17 82}* July 2 29}* Jan, 4 128 Mar. 17 99 415* Mar. 11 Feb. 4 36 30}* May 29 July 29 132}* Feb. 405* June 22 62}* Mar. 44 June 17 58}* Mar. 10}* June 10 155* Jan. Mar. 42 June 23 63 7h Jan. 35* May 17 7 Mar. 4}* May 14 June 28 14 Jan. 30 11 9 8 8 20 10 12 30 11 6 14 June 24 13}* July 12 15}* June 14 21}* Apr. is* Jan. 39 Jan. 11 14 15 183* June 22 33* June 17 95* June 29 Jan. 20 Feb. 3 17 24 16}* 295* 65* 14}* 3}* 30 20 1 39 Jan. 21 Jan. 20 Mar. 27 6}* June June June July June 39 July 18}* Jan. 19}* June 15* 103* 19}* 25* 31 31 7 8 Feb. Feb. 13 6} 22 Mar. 29 4 51 30 Mar. 4 16 29 Apr. 30 19 Mar. 10 May 14 13 Mar. 10 48}* June 28 74 Feb. 325* June 30 415* Jan. 8 Jan. 25 7 May 17 165 1 66 42 June 12 June 23 3 45 June 8 111 97 July 21 July 31 36 145* May 20 24}* 84 June 23 106}* 405* Jan. 12 54 }* 8 7 7 23 16}* 325* 31}* 125* 425* 12}* 11 13 13 Jan. 22 28}* June 21 May 10 May 11 6 Jan. 1 July June 42 H 42 H 16}* 47 H 19 1 Jan. 2 Feb. 11 Mar. 2 Mar. 12 Jan. 19 Jan. 14 Mar. 24 Mar. 17 Jan. 12 Jan. 8 , June 21 112}* Jan. 14 25 June 17 345* Apr. 19 Feb. 16 93}* May 11 101 Jan. 13 86 1 67 July Feb. 9 9}* June 29 Mar. 8 34 June 29 Jan. 16 30 41 30 July 95 n 58 145* Apr. 29 33 J* June 28 [08 June 16 June 21 94 96 May 14 4 .08 May 11 Jan. 88}* Jan. 13* June 23* July 25* June 233* June 5}* June 21 ■ 4 7 24 31 30 Jan. Mar. Jan. 106 Jan. 120 Mar. 17 Mar. 10 16}* 1065* 2h 5}* 6}* Mar. 11 June 29 May 14 July 26 Jan. 23 4 Mar. Jan. 8 34 9! 34 i 6] 12] Apr. 5 40; Jan. Mar. 17 Mar. 8 Mar. 17 Mar. 17 8 23 21 28 24 48 6 7 12 22 23 13 31 7 21 June 17 July 30 143* June 15 995* 195* July 30 36}* 90 6 67 July 8 108}* L02 Apr. 13 13 22 21 26 23 ; July 21 July July 7 26 | July 7 July 7 July 30 | July 20 ! July 9 ; July 23 85 23 July 21 Apr. 29 104 May 13 69 July 13 46 55 July 30 9* May 12 275* June 30 17}* June 14 375* June 5 2 22 124 2 3 Mar. 10 122 14 17 June 28 6 Mar. 5 Feb. 23 72}* 26}* 355* 48}* Apr. 28 253* June 17 26 7 31 7 26 8 21 9 Jan. Jan. mJan. 34 35 19 13 28 30 31' 16 19 5 Mar. 15 51}* June 14 : 6 Mar. June 17 43 J* June 145* July 6 21 5* Feb. z40 July 2 585* Jan. Jan. 58}* July 2 79 99* Apr. 2 155* Mar. 255* Apr. 25 28}* July 93 May 20 113}* Feb. Jan. 94}* June 14 114 151 Jan. May 20 175 May £185* May 28 23 i Feb. 59 Jan. 4 83; Jan. Apr. 27 61 30 6 6 7 22 21 13 1 28 26 27 20 24 30 29 July 26 29 Mar. June 23 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 545* July 31 July 55 July 1}* July 28 July 193* July 39}* July 25 July 13 July 87}* July 195* July 67 July 1053* July 103* July 14 14 Jan. Mar. 11 Jan. July July 94 July 1H July 23* July 25* July 12 3% 56 34 July 26 July 94 July 67 July 95* July 25 L 61 ; July July July cw Sale 66}- 27 ... 24}* 33* 75* 35 Sale Sale July July July July 14 Jan. 13 27 Jan. July 27 147}* July 26 64 July 10 5* July 363* July Sale Sale Munslngwear 7,680 Nash Chatt Ac St Louis...100 ..1 209,200 National A cms 88,200 National Aviation Corp....10 National Biscuit.......... 10 483,400 7% preferred 100 5,900 57,100 Nat Bond At Investment Co.* 5% pref series A w w 100 5,700 • 248,300 Nat Cash Register.. 7 43 J' 22}* Sale July 23 Jan. June 30 20 29 22 20 7 29 29 29 29 26 12 23 24 8 13 7 20 27 28 6 30 July July July July July July July July July JUly July July 6 100 31 July July 97 76}* July 11}* July 40}* July July 32 July 66 195* July 325* July 415* July July 115 98}* July 1175* July 2 16 4 Jan. 38 28 Sale Murphy Co (G C )—.—.....* 1,214,000 1 * Sale Sale ' .. -$7 conv preferred 100 120 Sale 65 ... 4,820 38,300 21,630 1,770 340,100 14,700 114 Sale Sale 25}* 39}* 29}* 41 113 Sale Sale 295* Sale ..... Morris Ac Essex.. 28 Sale Sale Sale 81 82}* 115* Sale July July 165* July 85 96 480 Milw El Ry Ac Lt 6% pref—100 1035* 106 105}* * 102 ,31,000 Minn-Honeywell Reft Co 120 4% conv pref ser B.....100 115 2,660 - 97 21 100 Sale pref...........100 ... July 95* July 35 July x483* 19}* 17}* Sale 34}* Sale 343* Sale 135* 45 425* Sale 125* 995* 100 Sale July July 56 Sale Sale Co........1 Preferred... 33 145 Sale 17 Sale .. Minn Sale J" 48 Sale .... —* 207,500 Mead Corp $6 pref series A...........* 2,710 _.* 23,900 Melville Shoe Corp —...—...1 366,000 Mengel Co 5% conv 1st pref —100 9,130 1,140 Merch Ac Mln Transp Co....* .......5 89,700 Mesta Machine Co .........-5 825,500 Miami Copper 323,900 Mid-Continent Petroleum.10 * 106,700 Midland Steel Products 8% 1st preferred—.. .100 6,700 759,400 44 275* Sale Sale pref..............* McLei an Stores 3}* 85 102 415* McKeesport Tin Plate.....10 McKesson At Robblns—.....5 $3 conv 24 Sale 365* 37 148 155 145 Sale 63}* 64 Sale 95* 36 36 35 36 37J* Sale 102}* 105 Sale 213* Sale Sale 7% 12 42}* Sale "~9H Sale ........* 95* July 15* July July 19}* July 3}* July 39 July 233* July 20}* July 8}* July 50 July 13* 23 3- 42 July July 103* 103* Sale 195< 129 48 20}* 4}* 4}* 10}* 15* Sale 163 Sale Sale 48 : 10}* 193* Sale Sale 19}* 135* 27* 20 2 Alkali Works....* Mathleson 610 12}* Sale Sale preferred...........100 56,300 May Dept Stores—........10 41,600 Maytag Co (The)...........* 83,300 / 135* 37 J* Sale 21* 19 13 1 L) Co... 6}* 19 Sale Martin Parry Corp........ Masonlte Corp 6 16 19}* Sale "16" 115* 49}* 6}* 11M 475* 5}* 55* Marshall Field At Co.—— Martin (Glenn Sale 43 ' .... .... 48 32 July 41M July 45 }* July 10}* July 43 July 45* July 53* July 16 July July July July July 129 Sale Sale Sale Sale 27" deposit.....100 ........... 17,700 Mandel Bros 1,410 tManhat'n Ry Co. 7% gu.100 Mod 5% guar... .100 96,000 54,500 Manhattan Shirt—.......25 1 175,100 Maracalbo OH Exolor 343,700 Marine Midland Corp.....__5 100 16,890 Market Street Ry Preferred. 100 2,080 Prior preferred ........ 100 8,440 Second preferred 100 6,220 19,400 Marlin-Rockwell Corp. (Del.) 1 1 " Sale 45 Sale Sale Sale ......100 7% preferred.... Pref ctfs of 220 44}* 129 July July July 513* July 1154 July 49}* July 63* July 6 July 21}* July 19 July 13}* July 28 July 12 July 205* July 45* July 103* July 15* July 12 July 243* July 33* July 42 H July 275* July 243* July 10 July 57 July 305* July 32}* 31}* 315* 131 Sale Jan. Jan. Jan. Jan. 205* June 29 295* 8}* May 18 153* May 11 147 31}* June 28 47}* 18 June 14 24; 15}* June 15 27; 23}* June 3 41 183* June 30 24 12 July 8 175* 105 355* Sale 35 335* 131}* 52,000 Magma Copper..........-.10 100 33,700 tManati Su$ar Certificates of deposit..100 1,500 13,350 115 gg .....—* Link Belt Co Highest Sale Prices 11 140 132 34}* 36 Sale . 183,400 Kroger Grocery 8c Oak .....100 2,940 Laclede Gas Light 2,720 5% preferred .......100 186,800 Lambert Co (The)..........* 7,100 Lane Bryant ..-5 189,000 Lee Rubber Ac Tire 79,700 Lehigh Portland Cement..25 2,140 4% cony preferred......100 50 372,300 Lehigh Valley 190,800 Lehigh Valley Coal.........* ,86,810 6% conv preferred.......50 * 40,800 i.ehtnan Corn 11 he) 38,700 Lehn Ac Flnlc Products Corp.5 ..* 39,200 Lerner Stores Corp 209,800 Llbbey-Owens Ford Glass...* * 309,300 Libby McNeill Ac Llbby -.5 18,700 Life Savers Corp 14,100 Liggett Ac Myers Tob com._25 Series B 25 127,400 Preferred.........—.—100 6,900 ...* 23,300 Lily Tulip Cup Corp * 149,000 Lima Locomotive Works Lowest Sale Prices Sale 10}* 10 12 Kreige Dept Stores......... Highest Sale Prices 205* July 1 245* July 28 10}* July 23 11}* July 20 July 9 1373* July 20 125 July 27 z33 July 19 36 34 22 July 15 20 July " Sale 21}* July 26 155* July 18}* 16 33}* July 28 July 28}* 33 28 20}* July 183* July 19}* Sale Sale July 12 July 8 14 103* j'3.* 145* 235* July 31 265* July Sale 235* Sale 36 July 323* July ~ 343* 35 ; Sale 170 179 163* July 14 July Sale is"' Sale 2 }* July Sale 1}* July 2 Sale > 10}* July 93* July 105* Sale Sale 42}* July 39 July 40 >* Sale Sale 15}* July 145* July 15 145* Sale 44 July July 41}* Sale x40 Sale 68 July 583* July 66 H Sale Sale 135* July 12 July Sale Sale 283* July Sale 263* July Sale 99}* July 96 July 99}* 103 Sale 1023* July 963* July Sale 101}* 103 1595* July 1603* 1563* July 160 161 21}* July 20}* July 20}* 20}* 21 68 July 60 July Sale 68 60 60 July 53}* July Sale 53}* 60 52}* July 48 July Sale 26}* Jply 5}* July 26"" Sale 85 July 76 July 84}* Sale Sale 107 July xl05 July Sale 105}* 106 2}* July Sale 15* July 2}* Sale 575* July 52}* July 545* Sale Sale 8 July 27 55* July 73* Sale 7}* 31}* July 12 28}* July Sale 28}* Sale xl075*July 13 1063* 1055* July 106 1075* 22}* July 9 Sale 2054 July 21 Sale 135 K July 27 128 July 139 Sale 135 22 }* July 26 195* July 215* 21 Sale 895* July 20 863* 82}* July 85 85 36 July 19 Sale 31}* July Sale .........10 1 8% preferred— ...100 480 13,900 Kress (S H) Ac Co new.. —* 195,100 17,700 Ask Ask Bid 24 Sale Ask Par Shares ' Lowest Sale Prices July 31 July 1 1937 Jan. 1 23 20 Mar. 10 Feb. 17 18 3}* Feb. 26 38 H Jan. 15 66}* Jan. Feb. 13 Mar. 15 395* Mar. 20 26 51 " 13 80 July 21 Mar. 19 Feb. 11 Mar. 13 Jan. 26 23 205* Feb. 11 Mar. 1 71 16}* June 17 245* Jan. 28 10}* June 28 585* Jan., June 29 H" 175* June 29 24 11m May 18 185* 23 July 15 335* 1485* Apr. 10 167 339* 1 253* July 935* June 24 103}* 385* 295* Jan. 30 , Mar. 11 Mar. 9 Jan. 21 Mar. Jan. Jan. 2 18 13 Feb. 3 Feb. 25 Aug., 1937] N. Y. STOCK SALES AGGREGATE 310 . i v 130 9,600 2,020 ; 198,600 34,200 28,300 Par 561,900 2,020 3,180 89,100 , f 35,200 1,100 . . 50,660 686,000 14,100 89,000 337,400 1 4,600 Nat Dairy Prod 2,600 38,400 53,700 3,500 5,000 10,100 2,200 1,200 82,300 685,500 9,400 48,500 322,200 76,100 17,600 72,700 76,400 14,700 14,600 160 ipv 1.224 66,600 ' 700 270 * Corp 7% preferred class a....100 7% preferred class b 100 National Dept Stores Nat Enamel At Stamp * Nat Gypsum Co...—...—1 National Lead .........10 7% preferred a.....——100 6% preferred b__ ...100 Nat Mall Ac St Cast's Co * Nat Power 9c Light—— * Nat Rys of Mex las pref...""1 5% 2d preferred-.......100 National Steel.....—....- 25 National Supply ef Del... 10 Preferred .......——101) _ National Tea Co.. Natomas Co 4,760 ; 3,170 2,000 2,500 530 127,600 3,000 52,100 1,300 40 4,900 70 84,500 65,500 98,900 27,600 140 3,000 26,200 260 47,700 120 1,800 2,700 140 1,328,600 257,000 142,600 432,100 860 56,100 184,400 1,340 842,400 2,110 30,900 15,900 720 , , ;i 17,810 40 14,000 93,300 1,300 5,000 1,090 4,400 130 281,000 1,800 16,400 3,100 41,500 5,600 5,500 6,500 61,600 16,900 24,600 4,300 19,700 2,600 9,600 2,300 : 2,800 52,100 400 40 10,600 300 100 .200 300 500 12,300 9,900 43,600 3,000 600 850 800 8,600 35,300 400 10 97,500 800 280 2,100 2,700 21,100 239,300 117,500 66,300 4,550 1,030 (The) Oliver Farm Equipment....* Oppenhelm Collins Ac Co. Otis Elevator............ 6% preferred........... 100 Otis Steel ...... 7% prior preferred.....100 $5.50 conv 1st pref... * Amer Fisheries Inc..5 .......... 10 First preferred.......—..* 2d preferred * .... Pacific Finance Corp (Cafy.10 Klec ...i» Corp.. * ♦ Pacific Teleph Ac Telegr..100 6% preferred .....100 Pet Milk Philadelphia Co pref 4%..50 $6 preferred—.. .....* {Phila Rapid Transit Co 50 7% preferred —50 Phlla Ac Reading c At i Philip Morris At Co 99 23* 23754 104 106 104 Sale 28 Sale 2254 Sale 55 Sale 523* ijk 99 Sale 11 973* 5554 185* Sale 100% .^.., 14% 15 365* Sale 134 17 135 Sale 118; 78 81 70 • 10 Sale 08% 102% 21% Sale 115* si 12 25% 285* 225* Sale Sale 32% 35% 51% 41% 150% 154 149 Sale 36 Sale Sale Sale Sale 18 Sale 63 785* 993* 00% 09% 295* Sale Sale 30 10% Sale * 66 Sale 575* Sale "'15" 98 101 3 109 "76"" 23% 50% It* 134 "85"" 23 88% Sale 17% Sale Sale 18 14% 2% 95 A* Sale 63% 99% 18% Sale Sale 17% Sale 27 28 2 90 4% Sale 36% Sale 23% Sale Sale 3 63 Sale Sale 67% Sale Sale 54 1165 Sale 40 42 86% 3% Sale 6 40 24 Sale Sale 45 <•' 25 355* Sale 47% Sale 111% 116 44% 6% 26 •*->- Sale 10% 305* 74}* 54 07% 1005* 6% Sale 12 13% 2% Sale 26 39 Sale 2654 35* 35* Sale 40k 77 Sale 8 25 v -c 71 32 74}* 22 Sale Sale 44 80 '"53* 5H Sale 87 Sale 15 12 14 72 84 69 87% 51% Sale c, W 545* ,Sale 5% 7 Sale 45 Sale 15% 28% 20% 49 15% Sale 131 173* 24% 43* 363* 23 % 3 63 3* if 163* 283* 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 July July July July July 3554 July 47}* July 112 16 1 44 7 1313* 1 203* 9 128 6 2 12 1 6 24 1 23 2 1 15 1 1 2 -1 2 6 19 2 8 1 1 1 28 1 1 2 1 1 80 Sale Sale 54 17 285* 15 1 2 "':1 1 1 2 1 July July 15 754 July 3054 July 72 July 20 2 29 6 7 1 44 75 185* Sale 83* 503* 43 213* 705* 43* 165* 104% 7 7 54 83* 83* 13* 15* 913* Sale 15 135* 8% 8% 1% Sale 6 25 A4 Sale Sale 27 37j* Sale 49 4454 116 113 51% Sale Sale 5 1 6 20 Sale 1 2 43}* July 20 45 1 m Sale 76 3 hx July July July July July July July July July July July July 65* Sale 46% Sale 98% Sale 35* it* 79 17% Sale 8}* Sale 633* 993* 183* 263* Feb. 1123* Feb. 15 6}* June 17 27}* Feb. 5 27 8 ~ 22 7 29 28 26 14 13 __ 31 20 31 23 6 35 June 14 38 29 ! 70 Jan. 315* 1213* 6}* 93* 16 37 50 13 100 2 943* June 23 395* Feb. 26 135 June 12 12}* July 23 133* July 2 573* June 17 645* Apr. 7 109 12 17 June 24 15 28 73 Apr. 28 Apr. 30 34 June 28 41 _ 21 23 22 103* Jan. 12 June 17 183* 305* June 17 r44 1545* Apr. 26 171 127 July 9 150 44 June 17 613* 85* June 17 145* 5* June 15 2}* 5* June 25 1 28 87% 265* 59 July July July July July July July July July July July July July Jan. 793* July 21 July 155* Apr. 6 July 12}* June 121 May 125 May 5* June 14 4 15 7 Apr. 22 Mar. 11 Jan. Jan. Jan. Jan. Jan. Jan. June June 95 15 Mar. July July Jan. Feb. Feb. Mar. 10 Jan. 11 37 Mar. 17 415* Jan. 18 983* Feb 10 553* Mar. 17 72 Mar. 17 335* May 20 20 July 143* May 1123* Jan. 8 Mar. July 2 19 July 173* July 83* July 44?* July 40 July 77 July 5 July 8 July 13* July 865* July 13 July 14 72 July - 8 543* July 1 6 July 30 48 July 29 153* July 2 285* July 30 19 10 July 30}* July 18 July 223* July 33 3* July 453* July 32 July 143 July 1393* July 2754 July 195* july 11 5s July 25* July 102 3* July 713* July loo July 235* July 165 July 213* July 27 July 53* July 393* July 27}* July 4 % July 95* July 165* July 73* July 46% July 983* July 43* July 8 July 543* July 285* July 4054 July 51 July 113 July 52}* July June 9 14 23h June June 14 15 205* June 26 283* June June 26 June 22 23 1343* June Apr. 28 133 20 205* May 9 7% June 23 10% July June 2 8 Jan. 60 7 19 613* June June 99 13 22 165* June June 22 121 23 xl5% June 2 243* Tuly 12 May 21 363* june June 23 23 8 25* June 30 63* May 16 143* Feb. 8 35* Jan. 28 May June 28 June 12 June 10 20 433* July 22 .Tan. 21 June 7 June 19 28 112; July 26 43% June fsH if* S8 m 9}* July 20 34 July 7 743* July 21 77 July 22 28 , 20 July July 95* July 12 52 5* July 26 42 3* July 29 79 July ~ 6 July 95* July 13* July 953* July 19 133* July 30 72 July 8 64 July 26 73* July 8 51 July 8 17 July 15 303* July 12 19 20 ' 3 21 8 28 11 22 3 18 13 3 75 Jan. 23 29 7 Feb. 1 Mar. 14 Feb. 3 2 14 p Jan. 17 38 Jan. 12 21 5334 Jan. 14 16 ,0 28 44% Jan. 9 2 152 Jan. 28 149 Jan. 14 295* Apr. 17 125* Feb. 4 2 6 18 20 2 Jan. 17 28 43* Jan. 25 6 121 May 13 29 Mar. 10 90 4 1093* Mar. 18 285* Jan. 28 14 29 2003* Jan. 14 265* Jan. 28 343* Jan. 14 28 28 5 Feb. 25 3 Feb. 3 30 445* Feb. 16 17 18 29. 75 5 2 Jan. 14 20 10 Jan. 23 Mar. 11 Feb. 18 75 13 Jan. 9 64 16 1035* Mar. 8 28 65* Jan. 23 16 6 13 28 28 15 25 June June June 38}* June 76 9 14 22 163* June 75* May 40 5 3 14 17 June : 17 22 22 3 8 6 8 Jan. 26 Jan. 12 June 9 4115 43* Jan. 305* July 72 75 8 25 Mar. 97 June 30 x!7 20 12 7 10 Mar. *823* Apr. 28*995* July July 22 22 245* Mar. 134 Apr. 545* June 16 Feb. 140 Jan. 75 22 22 19 20 1 195* Mar. 453* Jan. 21 126 20 Feb. 114 123* May 13 16 22 29 22 14 18 18 5 20 31 15 25 13 Apr. 5 73 Apr. 20 7 43* July 263* Feb. 16 June iih 7 28 Mar. 17 Mar. 3 Jan. 2 100 15 313* Mar. 29 21 3* Mar. 2 123* Jan. 17 255* Jan. Jan. 17 135 Mar. 19 137 2 Jan. 25 17}* Jan. 533* Jan. :--7 8 11 Mar. 11 112 May 20 June 14 245* Mar. 9 . 6% 143* 65* 403* 86% 33* 19 52 Sale Sale 75 11% Sale 54% Sale 165 5 Sale 155* Sale 65* Sale 70 100 Sale 38 Sale 7 M 183* June 25 zl07kJune 107 188 173* July Sale 18* 26 22 111 88"" July' "2 x00% July 2% Sale 100 112 2 July July 13 6 July July 13 7 July 19 130 July July 23 127}* July 23 1 7 July July 6 6 91 July July 90 June 5 92* Feb. 1 July 53* July 12 35* June 15 95* Mar. 1 July 165* July 20 123* June 17 263* Feb. 7 July 33* July 13 23* June 29 65* Feb. 1 9 July 115* July 83* May 18 155* Jan. 7 59 July 27 July 55 June 28 763* Jan. 1 9 91 July July 63}* June 14 1025* May 2 1013* July 26 July 73 June 9 1123* May 7 8 July 33* July 2 Jan. 4 45* Mar. 6 242 July July 23 2365* Apr. 29 272 Jan. 1 106 - July 13 102 July Jan. Apr. 8 114 1 July 295* July 24 21 June 17 343* Jan. 1 553* July 27 July 483* June 18 57}* Feb. 1 1254 July 12 July 95* May 18 175* Jan. 6 99 July July 16 975* June 25 1043* Jan. July 15 July 19 100 93 Mar. 23 105 Jan. 1 8 313* July July 253* June 28 365* Mar. 8 463* July 30 July 4« July 8 533* Jan. 2 9 43* July July 33* Jan. 4 63* Mar. Jan. July 22 325* July 27 263* May 18 40 803* 243* 55% July 27 Sale Sale 173* 122 Sale 131 Sale 126 9 8% 75* 25% Sale 25}* 17 14 153* 20 22 2154 215* 2154 Sale '29 Sale 33 283* Sale 41 44}* 45 29 v Sale 29 295* 27 138 Sale 140% 1413* 138 139 : Sale 139% Sale |139 22 23 % Sale / 23 27 8% Sale 9 .'.v Sale 85-; 9 105* 103* 11% Sale 25 Sale 15 14 385* 8 92 Sale 135* 993* . 114 1754 07% Sale 60 90% 62% Sale Sale 25 553* 115% 92 35 15% 16 12% 15% 30% Sale 415* 126 131 131% 125 17 5* Sale 20% Sale 122 801 35* 19 125 Sale Sale 29}* 205* Sale 3% Sale 1354 Sale llH 46 4% 315* 4 31 58 993* 273* 46 *47A Sale 115 115 ♦ Petroleum Corp .........5 Pfeiffer Brewing Co ...__* Phelps Dodge 25 daks 4u 79 100J* 101 2% aV4 Sale Peoria Ac Eastern........100 Pere Marquette..........100 Prior preferred.........100 Preferred..............100 Phillips Jones Corp..... • Preferred.... ....100 609,600 Phillips Petroleum.........• 7,400 Phoenix Hosiery 1,140 Preferred 109,100 Pierce Oil 8% conv pref .100 28,600 Ptlsbury Flour Mills 25 mm* 57 241 17% Sale 55% Sale ........ For footnote* 59 Sale 90 10}* 23* 103* Sale 14% Sale 102% 105 101 103% 27% Sale 52% 3% "~3% 28 29% . 110 33* 12 5i 245 55 153,400 Pacific Western Oil 10 23% 1,308,500 Packard Motor Car * 105* 9,800 Pan Amer Pet Ac Trans .....5 16% 148,800 {Panhand Prod * Ref... 3% 25,240 8% conv preferred 100 58 26,500 Paraffine Co Inc ........* 76% 1,690 4% conv preferred -.100 100 2,874,300 Paramount Pictures—.....1 245* 1st preferred...........100 71,300 173% 2d preferred............10 334,300 22% 22,100 Park Ac Tilford i 34 1,268,100 Park Utah Cons Mines.—. ' 4% 59,100 Parke. Davis 9c Co....... ♦ Parker Rust Proof Co....2.50 59.300 26 111,400 p*rmelae Transport Co..., 6%261,700 Pathe Film Corp... * 0% 496,600 Patlno Mines Ac Ent Cons ..* 14% 286,000 Peerless Corp ..3 3% Penlck Ac Ford............ • 32,200 62 125,500 Penney (j ci Co * 99 59,700 Penn Coal ac Coke........10 5 284,100 Penn-Dlxie Cement.... 7 $7 conv pref series a 20,600 * 62 58,200 Penn Glass Sand Corp y « c__ 24 644,500 Pennsylvania rr Co 50 405* 1 3,800 People's Drug Stores Inc .«,* 50% 550 6% conv preferred 100 113 122,200 People's Gas l Ac Coke...100 50% 30,500 18,100 3,500 7,200 4,000 238,500 166,600 429,700 18,400 3,100 13,100 11,060 317,100 164,900 13,000 91 269 5 ... & 6 Sale 3 1 6 1 1 1 July 1 July 16 July 22 July 1 July 24 July 9 July 1 July 1 July 8 July' 2 July 1 July 1 July 2 July 1 July 23 July 2 July 14 July 9 July 6 July 1 July 27 July 2 July July July July July 215* July July July 183* July 75* July 31}* July 30 33 July 13 153* July 3254 383* July 15754 1585* July 127 135 July 46 5254 July 9% 12 July % 13* July 5* j* July 81 933* July 353* 395* July 124 135 July 7 > 85* July 93* 103* July 37 44}* July 50 53% July 105 106 July 195* 233* July 31% 365* July 80 743* July 353* 423* July July 483* July 1 57 793* July 2 89 July 21 July 15 245* July Sale irA 25* 24 87 25* 90 ; Sale 67 Outboard Marine & Mfg Outlet Co................ Pacific Gas 1 Sale Sale Sale Prices 163* 1293* 127 128 1273* 5* 0\y* 127 119 Sale 100% Rights Omnibus Corp v ft e (The) * Preferred a... ....100 Pacific Lighting Pacific Mills Sale Sale 53* Highest Sale Prices Sale Ohio oh Co 16,620 Sale 91 Sale Sale Lowest Sale Prices 114 26?* .........100 ... 10,870 t 97 110 74 Sale "*75* "8"' Aix 185* Sale Sale American Pacific Coast 10% 59 6% preferred so North American Aviation. ..1 158,300 Pacific 720 i Sale 134 140 Sale {Norfolk Southern.......100 Norfolk Ac Western....... 100 Preferred 233* Sale Preferred......... 100 56,600 Owens-Illinois Glass Co. 12.50 1,210 • Sale Sale Sale New York Steam pref $6....* 7% 1st preferred....... * North 65 40 51 83 Sale i!s 50 21,200 2,330 1,200 20,600 8,700 7,600 300 Sale 83 Sale 70% 1,330,200 Northern Pacific 100 1,740 Northwestern Telegraph..50 256,100 Norwalk Tire Ac Rubber * 2,660 Preferred... ............50 4,900 Sale ..100 - 108 223* 33% Sale Sale stock.. 1 7% preferred 12,900 North Amer Edison 16 pref..* 1,410 Northern Central.........5ft 30 78,900 n y Shipbuilding pt 56}* 106 18 195* "l% Sale" 149,900 3,540 14,520 10,840 132,300 14,300 3,040 974,800 21,300 1,074,300 53 i3A 106 £2% Sale 83% 82% ■% Sale Sale Sale 73* 9% Sale 41 52 36% Sale a 7% 10 Sale 107 19 if 135 Sale 105* u% 22% Sale 128% 130 99,200 {n y Ontario at Western.lft M4 124 Sale 75 41 03% Sale Sale so York Ac Harlem...... 130 n y Lack ac West Ry Co.,100 369,600 (ntnhft Hartford 1o0 309,100 Convertible preferred.. 100 v a 59 ..... 35 Sale 132 126 30 % Sale Highest Sale Prices 21 18% 1123* 109 100% 1103* 108% 18% Sale 15 7}* 63* 30% Sale 283* Sale 135* alVA Sale 38-5* Sale 159% 1545* 159 128 132: 135 Sale 515* Sale Sale 11% Sale 1 1% 1% 57% Sale 15* Sale 56% 11% 1% % 71 10% preferred........—50 129,100 in v Investors Inc....... _• 270 1 Lowest Ask Sale 110 33% 150 143 57 >; 150 23,700 16,600 4,400 6,400 Sale 56 Newberry Co (j j)........ 5% preferred series a...100 w;.':r:y800 New 10 Sale Sale 34 % 165}* 55 2,190 1,570 4,600 Sale 32 29 1 Nelsner Bros Inc...... 12,600 Purchase warrants.....— 28,900 New York Dock 100 29,420 5% preferred........—.100 10 Sale Sale 16% 12}* 3,120 {New on Tex at Mexico ...100 647,200 Newport Industries Inc 1 32,300 New York Air Brake.......* 3,913,900 New York Central... —* 93,400 n. y. Chicago & St Louis. 100 75,500 6% pref series a .....100 71,900 n y City Omnibus Corp....* 40 llli "28% Sale" * ...—— ....... 50.800 3,300 281,000 2,300 3,200 18,200 v. Sale 23% Sale 108}* 111% 107 107% 19 July 31 Ask Bid Ask Bid 6% preferred...——.—-10 Nat Distillers Products...—* 980 80 July 1 1937 Shares ,i RANGE SINCE JAN. Price Jan. 2 Jan. 1 July rw,; < PRICES IN JULY STOCKS n. y. stock bzcbam ge Since 37 EXCHANGE-STOCKS Julie 123* Feb. Feb. 76 2 1 295* Feb. 10 503* Mar. 17 Mar. 63 9 8 im Jan. 27 Feb. 0 17 Mar. 4 iV* 87 Mar. Jan. Jan. 7 01 25 Jan. ?ib ssb 5 8 11 Mar. 11 Feb. 19 Mar. 10 Jan. 14 1.003* Jan. 8 Feb. 2 Jan. Feb. 12 1 70 953* July 19 lF5* 20 Jan. 16 4% May 8 June 1 14 June Apr. June 72 July 493* Jan. 6 July 44 June 145* June 16' 285* June 17 6 873* Jan. 64 July 26 93* Jan. 20 74H Jan. 13 205* Apr. 5 33 5* Jan. 18 N. Y. STOCK aqoreoate sales Since EXCHANGE—STOCKS RANGE SINCE JAN. 1 PRICES IN JULY STOCKS N. 7. STOCK EXCHANGE Shares Lowest Highest Sale Prices Lowest Jan. 1 Sale Prices Highest July 16 10% June Feb. 17 8 40 56 18% 76% 165 Apr. 12175 174% Apr. 23 190 52 June 17 12 June 14 20 2414 June 29 43 Mar. 2% June 21 July 16 8 Mar. 10 Jan. Jan. 4 26 8 Mar. June 28 122 84 Jan. 2 Jan. 22 Jan. 18 Jan. 7 28 12 12 3% Jan. 2 8% Feb. 1 97% Apr. 29 141 July 14 29 June 17 4714 Mar. 5 167 Feb. 16167 Feb. 3 Jan. 29% Apr. 21% Apr. 33% Feb 16 12 22 14 4 11% Jan. 3% Jan. 22 22 15% Jan. 31% Feb. 31 Feb. 86 Feb. 65% Jan. 118% Jan. 52% Jan. 112% Feb. 20 11 June 22 1 2414 1614 21% 4% 1% 7 Mar. 22 June 29 June 17 June 15 June 29 June 23 17% June 17 18 June 26 52 31 4 25 17 July 55% Jan. 114% Mar. 36% June 99% July 112% July 2 30 128% Jan. 10 11 15 4 21 8 Jan. 21 20 147% May 11 162% Jan. 26 June 24 140% 124 110 51% 16% 107% June June June June Jan. 99 13% July 16 Apr. 7% June Jan. June 103 63 6% June 29 17 113% 29 72% 14 24% 28 112% 7107 30 23% 8 18% 29 12% 7103 17 80 17 10% 18 36% May June 26 32 Jan. 25 Feb. 4 Feb. 3 Feb. 27 Feb. 15 Feb. 25 Jan. 21 47 36 June 26 J}4% July 29 7% June 17 62 Apr. 28 49 Mar. 6 Jan. 7 Jan. 16 Apr. 19 Jan. 11 Mar. 8 Jan. ll 43% Jan. 13% Jan. 8 16 83 Jan. 4% Mar. 30 Mar. 20 6 2 June 14 June 14 6 16% June 15 22% Feb. 8 17% July 30 35% Mar. 31 21 Apr. 28 £29% Mar. 9 80 May 19 94% Jan. 30 97 May 14 no Feb. 18 20 5% Sale 35% Sale 112% 114% 100% 33 60 126% Sale 35 75 Sale 90 25 100 Sale 104 "17% "19" 49% Sale 60 Sale 12% 11% 19 19% 62% 63% 32% Sale 4 53% 2% 5% 11% Sale Sale Sale Sale 17 20 26 32 Sale 100 106 Sale Sale Sale 93 94 1% Sale 12% 13% 39% 40 107% 20% 39 1% Sale 4% Sale 39% Sale 6% 8% 87% Sale 28 % Sale 12% Sale 34 Sale 100 103 10 Sale 55% 59% Sale Sale al04%Sale 12% 13 44 Sale 34% 28% Jan. 6 27% Jan. 109 Jan. 2 9% Feb. 18 4 47% Mar. 11 19124 Apr. 23 97% June 21 110% Mar. 10 June 29 49% Apr. 14 Jan. 21 98 Apr. 14 126% June 10 139 Apr. 17 89 June 10 95% Jan. 26 22% May 18 30% Jan, 14 101 July 21 112 Jan. 8 tsjj July 24 July 27 xl6% June 14 34% Jan. 22 49 May 17 58 Jan. 8 59% June 30 67 Jan. 26 11% May 28 14 Feb. 23 19 June 21 31 % Feb. 4 60 Apr. 27 86% Mar. 10 30 June 28 z38 June 4 3% June 17 9% Feb. 19 43% Jan. 21 65 Mar. 11 2% June 21 4% Mar. 17 4% June 2* 11% Feb. 25 11 Jan. 27 20% Mar. 5 26 May 27 37% Mar. 11 31 May If 46 Jan. 13 95 July S 103 Mar. 6 99 July 9 113 Jan. 6 104% June 29 113 Feb. 3 14% Jan. 4 27% Mar. 2 38% June 30 51% Mar. 17 93% May 18 98% Mar. 15 1% May 13 3% Feb. 9 12% June 28 23% Feb. 10 ^38 Jan. 11 45% Jan, 14 32 71 1 % June 4 2% Jan. 24 June 29 36% May 13 8% 54% 11% 95% 34 17% 42% 120 14 Jan. Apr. Mar. July Feb. Feb. Mar. Mar. Feb. 2 2 5 6% June 29 1 81 Jan. 4 20 26 Apr. 28 4 12 June 17 10 29 Jan. 5 10 95 May 13 10 9 Apr. 28 1 53 JJuly 21 65 Jan. 21 34 July 28 44 Feb. 8 25% Apr. 28 34% Feb. 19 102% May 4 105% Feb. 2 12 June 29 17% Mar. 11 40 May 13 58 Mar. 16 t,28May 10 1is Apr. 28 x3% July 23 4% Apr. 21 42 Jan. 28 60% Apr. 22 98% Apr. 29 102% Feb. 4 85% Jan. 2 197 Mar. 10 96 June 17120 Mar. 8 27 June 14 54% Jan. 11 29% June 28 40% Feb. 16 19% June 21 29% Feb. 15 16% Jan. 15 22 July 30 110 Mar. 18115 3% June 14 6% 32% June 17 42% 141 Mar. 29155 22% May 13 40% June 28 June 9 Feb. 26 Jan. 12 Jan. 2 32% Jan. 13 65% Mar. 11 June 28 43% Mar. 17 60% Mar. 6 65% Jan. 20 6% June 28 11% Mar. 16 24 Jan. 4 37% June 29 49 77% Mar. 17 July 21 104% Jan. 7 5% June 14 9% Jan. 28 17% June 14 31 Feb. 26 75 May 22 94 Feb. 2 60 93 For footnotes see page 40 June 24 Aug., 1937] AGGREGATE In 30,700 7,000 670 95,700 4,090 4,100 75,200 "8", 900 59,100 49,500 3,200 10,300 700 50,600 50,200 600 101,100 600 5,700 25,900 2,700 68,100 92,300 2,200 570 Sperry Corp (The) 1654 21% Sale 26 X 29)4 Sale rc45X 51 • 51)4 21X 81X 1 v t c Splcer Mfft Co $3 preferred A Spiegel Co Inc —* ....2 cony Cony $4.50 * pref Square D Co class B— 1 Standard Brands.........—* \ Preferred ....* Stand Com'l Tobacco......1 {Standard Gas 8c Elec • 10)| $4 preferred.. Stand Oil of Calif. • Standard Oil ef N J ....25 69 % 37 Sterling Products Inc.. ..10 Stewart Warner Corp......5 Stokely Bros 8c Co Inc 1 71X Sale 63 X "2954 Sale" 1 ... 1354 Sale 7454 76 • 124 25,900 Telautograph 5 Sale 4X 39 Sale 32X 11)4 2554 29 X 31 31)4 Sale 13 Sale 32 19 Sale .......25 Corp Corp (The) 110 14,200 5,100 1,200 7,200 17,700 55 6X )4 Sale Sale 38% 63% 1154 93% 65)4 12)4 95 11 71,400 527,100 48,400 615,200 : 12,000 328,700 127,600 738,100 288,400 92,700 352,400 5,500 129,900 13,500 356,800 36,500 78,230 3,700 900 119,300 5,800 20,600 13,100 55,300 17,700 2,500 20,400 , 700 8,100 1,200 39,800 1,400 6,500 250 14,000 4,300 8,500 4,800 54,800 42,700 10,200 2,400 3,600 80,200 39,500 1,000 Thompson Products........* Thompson Starrett * Procured. • 6)4 Sale 30% 23)4 Sale Tlmken Roller Bear........* Transatnsrica Corp........ * 73)4 Sale 17)4 Sale Transc & West Air Inc 20 $4.50 Tran conv -.10 pref..._.......* 5 8c WLllams Steel Forg* TrI-Continenral Corp......* 6% preferred Truax Traer * Coal..........* Tmscon Steel Co 1C ... 20th Cent Fox Film Corp * $1.50 preferred * Twin City Rapid Transit...* Preferred 100 35 14 ...• 67 27,500 1,666,700 168,800 294,400 63,400 1.340 385,200 61,500 100,500 880,300 11,900 345,000 100 31,700 2,100 12,000 73,400 2,300 6,600 86 United Biscuit of Am Preferred * .......100 United Carbon • United-Carr Fastener Corp.* United Corp • Preferred ...* .... United Drug Inc....... United Dyewood Preferred 5 10 .... ^....100 United Electric Coal Cos..—5 United Eng 5c Foundry.....5 United Fruit.. ..._..* United Gas Ac Impt Co .* Preferred........ —,...* United Paperboard Co.....10 98 Sale 10354 Sale 26 Sale 126)4 Sale 98 Sale 2554 27 28)4 Sale 2254 Sale 25 28)4 29 X 31 115 84 Sale 85 2954 6)4 4354 14)4 18)4 99 X 7)4 5,600 10,500 440 11,900 800 15,700 11,200 15,800 900 13,900 37,800 104,900 12,500 13,200 1,700 620,400 14,500 400 24,166 21,600 500 1,700 4; 1,200 89,600 U S 5c Foreign Secur Corp..* 4,700 33,000 6,100 90 22,800 • ... 126,700 9,600 301,900 Sale Sale 102 Sale 47X Sale 82)4 Sale U S Hoffman Mach ... 5 141,100 United Stockyards Corp 1 244,200 United Storea A. * $6 conv preferred... 3,910 —.* 3,500 Universal-Cyclops Steel....1 8,000 Universal Leaf Tobacco • . 810 Preferred 15 Sale 31X Sale 14 12 X 12 Sale 14 Sale 108 Sale 98 6X IX 15 X 16 X 10% 11 17 % 92* 18 96* 2X Sale Sale Sale Sale 16 X 16 X 115X 18X 8% Sale 15X Sale 100 49 X 10 X 57 X 90 160 110 Sale Sale Sale 10X 18X 106X 52 Sale 13 X 59 X 93 Sale 91 Sale 66X 69X 69 100 X Sale 118X Pow & Light A 1 4 •'••• 48 X 29 X IX Sale 52 Sale Sale 102 X Sale 9% Sale 11 21X *83 X Sale Sale 3X 89 Sale 45 76 X 17 23 X 115 80 X Sale "79X "83"' 85 8X 3% 7X 24 X 4X 16 X Sale 58 87 X 9X Sale Sale Sale 65 Sale 32 75 10 X 19 X 92X 93X 27 28X 30X Sale Sale 17 X Sale 19 22 X 19X Sale 22X 23X Sale 115 117 Sale 83 Sale Sale 32 X 33 Sale 5X Sale Sale 40X Sale, Sale 12 Sale Sale 20X Sale 100 98 100 Sale 7% Sale 47 53 55 X Sale 77 Sale 27 X 16 30 ^*7)4 Sale" 58 X 6X 34% 13 X 44% 91X Sale 26 Sale Sale 12 34 62 126 56 Sale 12 X 101X Sale 25X Sale 29 132 169 1 2 8 94 3X 88 77 38 % Sale 1 July July 2 45X ' 5X 21X 96 X 23 X 62 X 13 X 162 Sale 39 Sale 5 99 July July 39 . 27 166 167 17 % Sale 54 X 55)4 93 X 13 X Sale Sale 61X 62 X 9X 10X 85 X 86 9X Sale 3% 4X 8 8X 107 Sale Sale 17 X 13 X 10X 49 6% July Sale 38 122)4 Sale Sale Sale 52X Sale 99 X 23 X 124 96 3)4 Sale 12 X Sale Sale Sale 91 98 e 191,300 Vadsco Sales Corp..........* Preferred. 2,630 ..........100 539,800 Vanadium Corp of America.* 2 X Sale Sale 80 72 X 94 ,2)4 19 7% 38 X 132 124 Sale 135 128 X 129 157X 161 5% Sale 4X Sale 2 7 1 2 1 1 9 , 93 20 X 55 X July 2 July 1 July 1 July 1 July 30 July 1 July 30 July 6 July 9 July 1 July 15 July 1 July 2 July 19 July 1 July 1 July 6 July 1 July 2 July 1 July 1 July 1 July 1 July 31 July 1 July 2 July 13 July 6 July 1 July 7 July 6 July 27 13 Sale 12 X Sale Sale 15 Sale 13 X 16X 17 X 18 Sale 17 X 8 X Sale 8H 8 X 8X 101X 103X 101X 103 X 101X 10 X Sale 10 X 11X 11X 15 X 17 17 17 X 17 X 32 X Sale 36 X Sale 32 X 40 43 45 47 44 X 8X 9X 9X Sale 9X 65 73 69 X 70 76 17 X Sale 18X 19 17)1 July Sale 160% 164 X 40. Sale Sale Sale 16 100 page Sale 18 % S ale 100 see 3X 9X Sale Sale 19 X 18 X Sale 13 X 64 X 29 1 38 X 62 X 17 14 X 13 X 31X 4X 100 For footnotes 17 93 X 20 X 56 X 36% Plct 1st pref.. 2,590 Universal 352,800 {Utilities 4% 18% 4454 110% 111)4 7 Sale 5)4% conv pref.. —.50 U S Industrial Alcohol._.._* 38 * 201,900 U S Leather 6)4 Class A 277,700 ——...* 1354 Prior preferred 14,600 100 89 164,300 U 8 Pipe 5c Foundry.......20 62 X 423,300 U S Realty Ac Impt..._.._._* 1754 * 986,800 U S Rubber 46 205,700 8% 1st preferred.......100 96 181,100 (J S Smelt Ref 8c Mg.—..50 84 Preferred 13,400 50 75 4,520,700 United States Steel.. .100 77 X 89,400 7% preferred.—... 100 141 * 6,700 U S Tobacco 120 Preferred 580 100 166 110 340 Preferred 4,700 U S Dlstrib Corp * Preferred 10,010 100 88,600 U S Freight * 57,200 U S Gypsum Co.... 20 2,440 7% preferred..........100 24 X 3154 Sale " 600 200 500 89 8X 4% Sale 93 4\4$| 58,200 Sale 83)4 KUIott Fisher..* 74,900 Union Tank Car • 896,000 United Aircraft Corp....—.5 464,500 United Air Lines Transport.5 9,800 United American Bosch * 6,800 3,000 165,500 15,800 14,500 5,900 Sale 43)4 Sale 99,300 Union Bag 5c Paper........* 326,600 Union Carbide Ac Car ._....* 654,400 Union Oil, California 25 108,800 Union Pacific 100 26,300 4% preferred .....100 4,800 110 Sale 2054 2054 9)4 Sale 108 109)4 854 Sale 22 23 Coach Co—......1 108,000 Ulan 5c Go 71,000 Underwood 85 3 Timken-Detroit Axle Co...10 Tide Water Assoc Oil 9X Sale 6X July 10 July 39 July 40 July 2 X July 40 X July 42 X July 34 July 65 X July Lowest Highest Sale Prices Sale Prices Sale Prices 30x July 50 26 X IX 13 24 26 24 % July 20 91X July 28 46 July 26 13 July 12 9 July 10X July 24 July 46 X July 54 X July 2X July 45 X July 47 X July 36 X July 72 X July 40 July 64 July 19 X July 15X July 1 19 X 14 x 11X 50 X 7 13 % 65 7X 40 15X 13 X 48 X 40 62 10X 87 9X 4X 9X 27 5X 23 21X 97 X 24 X 65 X 13 X 16 X 20 9 102 11X 19 37 X 46 X 11 77 20 X 13 26 26 26 26 13 21 23 12 22 27 31 23 19 24 July 12 July 13 July 15 July 27 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 July 2X July 4 1 July July 1 91 x July July 2 82 July 99 July 2 103 % July 23 X July 1 26 X July 122 July 1 133 July 90 X July 10 93 July 25 X July 1 28 X July 27 X July 1 31X July 15 X Juiy 18 X Juiy 1 17 July 2 21 July 22 X July 2 24 July 115 July 1 117% July 80 July 29 90 July 30X July 16 32 X July 4 X July 1 6X July 36 X July 1 41X July 11 12 X July July' 1 19 X July 8 22 July 98 July 6 100 July 6X July 1 7X July 46 July 2 56 July 75 July 26 80 X July 12 July 1 14 X July 102 X July 1 109 July 9)1 July 1 11X July 80 71 5X July Sale 80 4 X July 65 July 51 49 Sale 31 36 IX 50 52 Sale 2 24 24 12 15 2 11 11 23 8 20 33 June 17 36 X June 17 2% 39 X 40X 30 X June June June May 54 Apr. 34X Jan. 62 X July 17 14 17 12 12 17 14 14 28 2 22 June 17 June 29 8 72% Jan. 22 8 8 12 7 Jan. 11 65 4 50 50 Jan. Feb. 19 Feb. 9 36 X July 12 76 Mar. 9 48 Mar. 5 75 Jan. 29 June 17 Feb. 11 17X Jan. 20 33% Jan. 9 June 24 20 21 Feb. 17 65 27 77% Jan. 11 17 125 Jan. 4 23 20 X July 12 29 61X Feb. 3 17 7X Mar. 2 25 47 X Mar. 11 1 39% Jan. 25 13 Jan. 8 20% Jan. 20 21X June 14 28% Mar. 8 29 X June 16 33% Mar. 31 May 118X June 17 X July 37 X June 4X June 28X June 31 July 15 X May 14 23 X Jan. 11% May 14 17% Jan. 15X Jan. 20 21 8 57% Feb. 2 10 X June 26 48 X June 28 2% June 17 6% Jan. 25 73 63 June 14 100% Jan. 8 Feb. 17 91% Mar. 27 95 Apr. 28 111 Feb. 20 22% June 28 28 X Feb. 4 122 July 1 148 X Mar. 10 90 X May 7 99X Jan. 13 24 X June 14 31% Feb. 4 13 20 20 23 15 23 X May 18 35% Mar. 14 5 , 8 14% June 15 24X Jan. 12 17 June 21 9 31X Feb. 10 22 X June 17 16 30X Jan. 11 13 113X Mar. 16 117 X Feb. 6 Feb. 14 3 69X Apr. 28 91 29 29 Apr. 30 35 Mar. 17 4 June 17 26 8% Jan. 14 32 X June 15 46% Jan. 14 26 10 X June 29 16 Mar. 8 12 6 18% Jan. 4 26 X Apr. 19 21 96X Jan. 26 106X Feb. 20 24 5% June 17 9% Mar. 3 45 X June 17 27 63 Mar. 11 75 13 July 26 86X Mar. 19 II June 14 17 Jan. 14 26 28 102 X July 1 113% Jan. 14 16 6% Jan. 4 16% Feb. 8 July 13 July 28 July 23 July 6 July 6 July 26 July 2 July 9 IX July 51 July 31X July Jan. 19X June 14 28 X Feb. 2 95% Apr. 37X Apr. 26 48% Mar. 11X June 17 16 X Jan. 120% Apr. 30 128% Feb. 6% June 17 12X Jan. 5X May 18 14% Mar. 13 June 14 32% Mar. 80 X July 147 IX July 48 July 26 X July 2 Jan. 23X Jan. 12 34% Apr. 6 15 June 30 24X 15X July 1 19 July 27 July 7 96 92 June 11 100 X July 8 IX July 13 IX July 13 IX Apr. 29 3% 15 July 2 16 X July 26 Sale 11X May 17 20% 19 X July 12 Sale 16X July 31 15X June 5 34% July 1 119 Sale 106 July 26 zl03XJune 14 137 161 162 July 9 164 July 6 156 May 10 172 2 20 19X 16 X July July 21 115 X June 29 23% 56 60 July 1 60 X July 19 53X Jan. 11 70 29 X July Sale 2 34 X July 27 28 June 18 43 X 8% July 10 X July 22 1 6X Jan. 2 15% Saje 15 X July 19 X July 24 1 18X 13X Jan. 4 22X 107 X July 27 110 89 Jan. 4 112 110 July 22 49 X July 53 55 44 X June 14 1 July 10 72X 10 X July 13 X July 27 1 Sale 10 May 13 19% 56 X July 67 X July 1 Sale 6 44X Jan. 4 72% 89 X July Sale 2 95 July 13 81% June 17 118 Sale 78 June 17 105 *83% July 1 93 July 21 70 X 67 66 X June 21 July 9 70 July 20 75% 99 July 2 119X July 20 75 Jan. 4 126% Sale Sale. ar.130 July 8 137 July 28 126% June 14 150 127 X July 21 129 130 July 22 120 May 15 136 161 6% Sale 1% 9 June 14 I 6X June 16 8 8% Jan. 12 10X Apr. 28 15% Mar. 8 20 26 50% Jan. 18 65% Apr. 22 6 June 29 20 9% Mar. 15 33 X June 17 44 26 Mar. 30 7 11X May 13 16% Jan. 22 10 June 14 19 15% Jan. 28 21 42X Apr. 29 54X Mar. 6 32 June 30 28 48 Feb. 19 62 Feb. 9 64 Jan. 13 9 28 9X Apr. 29 13X Mar. 1 85 Apr. 6 93% Jan. 15 4 23 7X June 17 13% Feb. 3 3 June 22 23 8% Jan. 13 7 7% June 17 15% Mar. 5 23 Mar. 22 28% Feb. 11 31 26 3% June 17 10X Jan. 25 17 X June 16 7 40X Jan. 25 15 X June 17 31 21% Feb. 4 June 10 20 91X May 20 98 17 X June 14 28% Feb. 11 20 55 June 28 79 Feb. 24 4 12 X June 16 17 X Feb. 8 3 13 June 28 22 X Jan. 11 12 16 June 14 27 X Jan. 22 20 27 7X June 28 11% Mar. 8 8 101X June 28 109% Jan. 21 21 Mar. 8X Jan. 11 12 3 14 June 12 8 26% Mar. 8 30 X June 29 26 40% Mar. 13 39 June 28 50 Mar. 13 26 20 8X June 28 17X Jan. 22 66 19 Jan. 20 Apr. 29 94 Mar. 29 12 16% June 14 25 156 5 16 26 X July 1 44 June 29 93 1 7X 1 5X 62 65 68 65 2 19 X Sale 19 X July 1 18^ IV& 20% 75X 76X 73X 77X 74 July 28 78 144 144 X July 10 155 152 147 154 65 64 75 July 30 75 61 65 IX Sale IX July 1 2X 2% Sale IX 29X July 19 X July 33 X July 50 July 1 July 21 Sale July 22 Sale July 1 15X July 1 Sale 19 X July 1 26 July 12 X July Sale 2 14 X July 7 69 67 July 1 69 July 9 121 119 July 2 124 July 19 17 X July 23 Sale 20 x July I2 43 38 X July 6 44 X July 12 Sale 4 X July 1 5X July 13 29 X July Sale 1 35 X July 9 34 31 July 1 35 July 23 Sale 16X July 13 17 X July 31 Sale 23 July 1 24 X July 9 Sale 30 X July 1 32 X July 29 41 Sale 7 40 34 62 X 7 12 X Sale 11)4 26)4 21 ... Sale 8% Sale 34 Sale 65,400 Twin' . 25 ... 10 X 45 32 62 6X Sale Sale Sale Sale Sale Sale Sale 6X .... 20,700 Thompson (J R) 14 50% 34 X 14 X 12 7% preferred.......... 100 Thermold Co..............1 43,200 Third Avenue 100 17 50X 58 X Sale 47 1,870 5 Sale 10X 8)4 Sale 37 382,400 Sale Sale 18% 3854 Sale 1 _# 119% ,|18 X 42 X 11 12 X Sale The Fair Co 68 32 X 6X 14 19,000 15% 24 X 13 X 49 31,800 Texas 5c Pacific..........100 36,200 Thatcher Mfg.i..„. ....—• 2,400 $3.60 conv preferred.. * 200 64 18 X 17 X Sale 13 X Sale Sale 8 * Tex Pac Ld Trust ctfs 70 39X Sale 12)4 Sale 28 Sale 40 Sale Sale Sale 10% 5 Texas Gulf Sulphur... • Texas Pacific Coal 5c Oil...10 Sale Sale 40 Sale ..... 30X Sale 1454 Sale 5 Texas Gulf Producing Co 2% 46 Sale 15X 8)| July 52 X 33 X 31 17 X 23 X 23 July 11X July 2% "54"" Sale* x39~~ Sale 1 ......10# - Tennessee Corp Texas 125 39 44 X Sale 121 67 Sale 46 3 17 X 14X 19 X Sale 12 X Sale Sale • Stone 8c Webster Studebaker Corp.. Sun Oil 174,900 Without warrants........ 1 33.100 Talcott (James) Inc.i«...—9 2,800 5% % preferred..........50 2,100 6,600 65 X Sale 6 1 2 1 1 51X Sale 1 20 X July 80 X July 43 34X 34)4 Sale Symington-Gould Corp with stock purchase warrants. 1 446,500 1,801,150 674,700 236,700 660,900 536,800 2X 41 42 X 26 X July 44% July Sale 8% Sale 9X | Sale 22 X Sale 40 Highest Sale Prices 29 X July 9 16 X July 1 Sale 12 X Sale Sale Starrett Co (The L S) 17 % 23 X 89 45 X Sale Sale 40 68 65% 67 3% 354 43)4 Sale 48)4 Sale 29)4 32)4 Standard Oil Co of Ind 25 Standard Oil of Kansas....10 317,700 1,600 22,800 150,950 27,600 28,000 48,900 53,900 2,300 2,700 6% 16 X 35 X 26% Sale 56 llH §§* 8X Sale 11% Sale 9 Lowest Ask figs® Sale Sale Sale Sale Sale Sale Sale 39 12 41% Sale $7 prior preferred * Standard Investing Corp—* Swift & Co Swift Internat Ltd 70 30 15% Sale 124)4 127)4 $6 prior preferred........* 231,300 74,800 •v 18.200 18,500 1,100 v? 36 48,200 Sutherland Paper Co ...10 17,400 Sweets Go of Amer (The)..50 500 18,100 6,900 , Spencer Kellogg ft Sons....* Ask Sale July 31 Ask Bid Sale Bid 1,333,400 Superior Oil 163,600 Superior Steel „ July 1 Bid Par 6% preferred...........100 22,900 Sunshine Mining Co 10 94,000 Superheater Co (The) • y Jan. 2 1937 , v; 3,670 22.900 5,100 61,900 6,600 1,300 ;; .V: 15,200 491,500 46,900 5,750 598,600 10,630 49,500 837,400 4,990 92,400 678,900 449,700 31,000 113,900 18,900 656,200 391,033 ■•4,800 1,207,900 19,000 55,800 286,500 55,500 251,000 1,434,600 22,600 RANGE SINCE JAN. 1 Price Shares 1,500 :jy PRICES IN JULY STOCKS N. T. STOCK EXCHANGE Jan. 1 - Shares ? SALES Since July v S§;Iifcf'CSN^T/STOCJK EXCHANGE—STOCKS 7 7 16| Mar. 0 Feb. 3 Jan. 28 Jan. 19 Jan. Feb. 13 Feb. Mar. 22 Feb. 9 Mar. 13 Mar. 17 Mar. 30 Mar. 9 Jan. 12 Mar. 31 Feb. 18 Mar. 11 Jan. 18 Mar. 11 Jan. 22 Mar. 9 Jan. 5 Apr. 29 169 x5% June 30 9% Feb. 8% Feb. 3% May 17 65 June 11 84% Jan. 18% June 30 21 May 68 Jan. May 13 86 142 X May 17 164 Jan. 9 5 11 17 21 19 Jan. 18 1% June 17 4% Jan. 13 IX May 13 2% Jan. 58% Jan. 63 48 June 18 108 3 4 Mar. 22 Jan. 4 24% June 14 20 20 39% Mar. 11 EXCHANGE-STOCKS N. Y. STOCK SALES AGGREGATE N.Y. STOCK Since PRICES STOCKS EXCHANGE RANGE SINCE JAN. 1 IN JULY Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices Jan. 1 Shares .V'%. Par 50,000 Van Raalte Co.............5 590 7% lit prefer red....... 100 ! 29,300 Vlck Chemical Co 5 140 Vicks Shr & Pac Ry Co—100 200 5% non-cum pref ...100 698,800 Va Caro Chemical * 227,960 6% preferred.-.100 4,100 Virginia Elec Ac Power 4% pf* 7,940 Virginia Iron. Coal Ac CokelOO 4,730 57 preferred 100 5,000 Virginia Ry Co pref 100 4,370 Vulcan Detlnning_._....100 Shares 3,300 " 2,606 310 7% 33% July 7% 46 18 19% 23% 28 5% Sale 85 65 12% Sale 45 61 % Sale 7% Sale 22 30% 41 %. Sale 27 29% 44% Sale 4% 1% 65,500 Webster Blsealohr.........* 6,370 Wells Fargo Ac Co 1 145,200 Wesson Oil 9cSnowdrift * 9,500 $4 con* preferred ....* 3,110 West Penn El Co 8,190 77 preferred 100 6,065 6% preferred 100 3,280 West Penn Pow pref 7%..100 4% 1% 45 Sale 80% Sale ...... 92 81 45% Sale 41% Sale Sale 149 Sale 22 Sale 36 37 18% 20% 29 30% 102 114 Preferred receipts.. 21% Sale 15% Sale 3% 27 3% Sale 109 106 91 % ■ 90% 110 70% 56% 26% 128 40% 93% 100 38% .. d Change r Oasb sales, 6 x Ex-dividend. of name from International Printing Ink Corp. , y Ex-rlghts. 2 122 % Jan* 11 4 15 15 28 24 51% July 15 19 24 May 5 June 17 5% June 21 75 May 3 11K May 13 July 17 H May 18 634 Feb. 1 22 June 15 33% Apr. 28 26% June 28 4234 June 29 56 4 1 May 14 July 15 19% 50% 10% 99% 18 Jan. 8 Feb. 1 Feb. 20 Mar. 2 Jan. 5 09% Jan. 23 1 % Feb. 17 12% Jan. 25 3534 Jan. 16 46 Mar. 10 38% Feb. 19 48% June 10 9% Feb. J 2% Jan. 9 4334 May 14 56 Mat. 17 80 Mar. 13 84% Feb. 4 89 July 14 102 Jan. 9 9034 June 17 109 Feb. 81 July 1 £10034 Jan. Apr. 10 123% Mar. 110% Apr. 9 115% Jan. 24June 21 29% July 7 H June 17 11% Mar. 13% June 17 23% Mar. 2 June 25 4% Mar. 118 11 19 9 8 12 5 6 17 534 June 25 11% Mar. 17 41% June 28 83% Jan. 22 £4034 June 29 57% Mar. 6 13034 Apr. 12 167% Jan. 22 143 May 14 170 Jan. 22 21 May 17 30% Jan. 22 12 July "26 61% July 31 July 30 120% July 31 21% July 6 24% July 22 16% July 19 5% July 27 39% July 31 5% 10% 82% 50% 41% 5 4 24 4 121 208,900 Wllcos OH 9c Gas A 962,900 Wilson 9c Co • 20,400 16 cum preferred....... 100 533,500 Woolworth (F W) 1« 130,300 Worthlngton P 9c M.„. 100 38,280 7% preferred MArt......10* 160 7% pref A stamped....^l00 31 530 'preferred- it 1,600 6% pref B stamped 100 4,780 Wright Aeronautical Corp..* 23.700 Wrtgley (Wm) Jr * 28,100 Yale Ac Towne Mfg Ca~ 25 2,474,200 Yel Trk At C'ch class B 1 6,970 7% preferred 10f 44,400 Young 6pring Ac Wire * 597,000 Youngst'n Sh At Tube * 9,000 5%% preferred 100 172,300 Zenith Radio Corp • 202,600 'nnlte Prod nets Corp 1 Deferred delivery. 31% July "*7 Mar. 42Apr. 28 t 52 July 2C 45% July lc 156% July 21 162 July 28 25 July 12 37% July 27 22 July 14 98 Jan. Jan. 10% Mar. 16 18H Mar. 16 16 Mar. 17 19% Feb. 11 49 Feb. 8 89 July 24 1834 Mar. 11 119" "21 "Sale" 1,900 White Dental Mfg Co (S S).20 657,200 White Mnto. Co... 1 46,000 White Rock Min Spgs ctls..* 88,400 White Sewing Mach_. 32,600 Convertible preferred....* a 7% July 48% Sale 104 105% 100 3% Jan. 734s July 6% July 1% July 24 % June 84% June 1154 Jan. July 15 July 23 July 12 July 16 July 30 July 31 96% July 30 121 July 12 114 July 22 29% July 12 8% July 12 16 July 7 3 July 7 113 5%% con* pref ...100 283,300 Wheeling Steel Corp..... • •No par value. 5% 1% 46% 82% 102 142 760 8 101 2% Sale 5% 6% 800 Wheel'g Ac Lake Erie Ry ColOO July July 8 July 16 July 9 July 13 89 July 24 16% July 26 51% July 15 19% July 10 33 July 9 7% July 9 77% July 8 15% July 21 62 July 26 % July 1 9% July 24 25 July 21 44% July 13 32 July 30 48% July 26 90 113% 114 24% Sale 7% 7% 13% 16% 456,900 Western Union Teleg__..100 327,800 Westlnghouse Air Brake * 283,400 Westlnghouse El Ac Mfg..50 3,520 77 1st preferred .....50 95,600 Weston El Instrument......* 1,510 Class A ..._.• 40,300 Westvaco Chlorine Prod • 22,100 5% preferred 30 6% 12% 11% 13 % 29% Sale Sale 120% 3,390 7< preferred.. iao 23,100 Western Auto Supply Co..10 180,900 Western Maryland 100 32,600 Second preferred...... 100 65,900 Western Pacific..:... 100 206,100 6% preferred...........100 200 Sale 45 t Warren Bros Preferred Sale Sale 14% Sale $3.85 con* preferred.....* tWarner-Ouinlan..._......* 21,700 117# Feb. 13 Convertible preferred ..* Warren Fdry Ac Pipe * Waukesha Motor Co 5 35,400 Wayne Pump Co... ......1 - 125 25% 8534 1,491,100 Warner Bros Pictures^.....5 Mar. 12 80 5% Sale 9% 9% 6% 11% 25,400 Ward Baking class A.. * 345,900 Class B • 5,900 7% preferred..........100 4,700 126,600 439,400 21,700 99,200 47,100 ,79,, K' 7% 119 Jan. 20 Mar. 5 May 12 Mar. 27 Feb. 26 Apr. 6 Apr. 6 Feb. 15 115^ 128 72 ';Preferred......!.........* 13,200 ; 32 June 29 44% 111% Mar. 27 40% June 17 47 80 Mar*27 80 Mar. 18 88 85 7 June 17 12% 48% June 17 74% 105 June 29 115 6% Apr. 28 12% 20% June 17 37 124 Apr. 26135 23% 120 213,600 Preferred 7,320 Preferred B 100 95,500 Waldorf System..... * 85,900 Walgreen Co.__:... 3,000 4^% pref with warr.... 100 1,101,500 Walworth Co »• 116,600 Walker(H) Gooder & W Ltd.* 19 July Sale 6% 106 A ............100 12 42 Sale 20 1 37 % July I Sale 52 107 pref«n«d..w.....Ml00 150,500 tWabash 2 40% July July 12 July 19 July 13 July 28 July 31 July July 31 16 July July July July July July July July July July July July 23 30 6 20 23 22 7 22 23 27 15 7 2 39 19 June 1/ 27% 2934 May 27 34% 90 Jan. 18 115 114 Jan. 18 123% 38 Jan. 4 65 99 May 20121 107 July 8 120% 20 June 29 23% 20 June 17 33% 14% May 15 18% 3% June 17 6% 25 June 17 46% 35% July May 6 Feb. 23 Jan. 7 Apr. 13 May 6 Mar. 11 July 30 July 31 May 15 Feb. 16 Jan. 25 Mar. 22 Jan. 4 4% Apr. 28 6% Jan. 25 8% June 16 12% Feb. 27 June 14 91 % Mar. 22 43% June 29 65% Jan. 20 30% June 18 47 Jan. 22 81 Jan. 4 112% Mar. 25 105% July 19 106 July 16 76% June 30 100 Mar. 10 82 34 July 12 90% July 30 90 May 18 128 Mar. 6 65% July 2 76 Jan. 7 48 June 15 62% Jan. 27 2034 Jan. 4 37% Jan. 16 123 Apr. 28 142 Jan. 23 35% June 21 46% Feb. 15 74% June 17 101% Mar 6c 97% June 2 115 Jan. 27 30 June 17 40% Feb. 17 4% June 17 9% Jan. 16 t Companies reported In receivership ' 1 • - 77 Y Called for redemption. 1 New York MONTHLY AND YEARLY RECORD RANGE OF PRICES ON NEW YORK CURB EXCHANGE Stock Sales July 1937 Jain. 1 to July 31. 1936 4,962,946 Shares. 8,511,143 83,411,412 70,964,277 NOTICE.—Deferred delivery, under the rule and outside of the regular monthly range are shown In AGGREGATE In July 4,400 4,600 PRICES IN JULY STOCKS Par 27,400 Air Devices Corp common. 33,500 Air Investors Inc common..* 9,200 Convertible preferred * 40,200 Warrants 5,250 Ala Gt Sou RR ordinary...50 4,360 Ala Power Co 97 pre* * 16 preferred 3,430 * 2,700 200 1,100 400 690 450 10 """900 Bid 4 1,000 4,800 Class A.................25 9,800 14,500 1,000 6% preferred 81,300 American ...100 Airlines Inc.... 10 21,300 Amer Beverage Corp.. 50 790 American Book Co 6,500 I 100 800 300 .110,600 Amer Box Board Co com 1 3,600 Amer Capital Corp d A.. 10c 17,400 Common class B..^w^.l0c 13 preferred 2,200 ......* 32.200 3,325 12,625 14,725 101,000 10,900 9,300 1,600 75 14,350 1,400 1,100 12,950 260 25 % Sale 900 39300 500 9,700 58,000 2,700 6,500 900 400 320 12,100 13,200 77,600 11,700 140 2,500 8,600 $2 225* American deposit recta..£1 'M 92,600 Assoc Gas A Elec 400 25 4,400 280 13~406 3,600 12,000 6,500 Far footnotes 544,500 47,500 306,500 Class A 95 preferred com July 3 July 29 19% July 16% July July 30 19 3 3 3% 53 16 21% Sale 115" 123 31 115 123% 125 Sale Sale <1* elK 4% 28% 14% 2% 4% 28 July 122 Sale July July 31 July 12 July " July July 16 63 $ 20 12% 6S 1 38 80% 84 4% Sale Sale 33 ;; 21 Sale 34% 34% 5% 30% Sale 33% Sale 117 35 36 5% June 18 June 29 Jan. 4 2 3 80 67 87 12 3% July 14 19% July 30 16% July 19 21% July 19 June 30 77 22 125 18 5% 10 5% 15 2% 19 June 28 24 16% July 19 16% 21 July 12 26% 150 July- |420 July July July July July July July July July July July 111 17 8 118 125 28% 2 64% 21% 6% % Apr. Apr. 16% June 30% July 31% July 3% July 1 July nJK 62 19 21 Sale M 30% Sale 106 Sale 34% 41% 18 108 9% 30% Sale I?5 20% 18 28% 36 17 22 19% 36% Sale 108% 109% 10% Sale 31 31% 35% 36 24 24% 23 24 2lk 25% Sale 26% Sale 17% Sale 26% 18% 28 Sale 26 25 26% 19% 26% 33 Sale "1% Sale ' 55 Sale 1 n 24 >4 28 32* 9 2% 92 fit 10> Sale 96% 44% Sale 47 49 70 70 39 42 % 45 Sale . Sale Sale 1* 47 Sale 28% 7 50 Sale 9 1% Sale 93% 36 % Sale 4% Sale 92 3% 3% 6% 30% 6 28 103 Sale 43% 41 6% 8% 1% Sale 92 25% Sale 12% 1% Sale 1 26% 4% 4% 3% Sale 6% Sale Sale 13 Sale 4 Sale 33% Sale 32 22 July July 17% July 26% July 44 July 26 July 3% July 19% July July July 10% July 31% July 36% July 24% July June June 27 13 1 14 1 Sale 1% Sale Sale 7% Sale 8% Sale 78 Sale 1% 1% 7% Sale 7% Sale 8% 9 10% Sale 5% 6 11% 11% 5% Sale 11% 12 11% 1% 1% 2% Sale , 1% 2% Sale 19 Sale 12*6 1% 3 Sale 21 101% July 1 July 7 July 7 July 8% July 78 July 10% July 2 July 28 1% July * July 8% July 9% July 27 85 July 22 11% July 7 5% July 31 QK July 12 11% July ;'7 12% July 21 1% July 9 3% July 26 25 July 24 % July 9 % July 6 1 16 15 1 1% July 2% July 2 July 1 19 1 At July 7 % July % Sale 28 July 11% Sale 8 6 July 30 Sale July 9 3% 3% Sale 3% Sale 2 Saieb 21% 22% 1% Sale 5% Sale 2% Sale 25% 26% 1 %, Sale 5% Sale 1% 22% 1 % 5% July 1 July 7 July 1 July 30 . "6" July" 1 May 14 May 14 Apr. 28 76% June 6 14 "2% July""6 28 24 1 Feb. 5 Jan. 22 37 Mar. 22 38 Feb. 20 26% Jan. 16 28% Jan. 4 54% Apr. 21 82 Mar. 18 2% Mar. 29 59 Jan. 11 2% Jan. 20 Apr. 7 10% Jan. 14 3 Jan. 13 53 99 59% 4% 5% 8% 42% Jan. 23 Jan. 14 Jan. 14 Jan. 11 Feb. 26 Feb. 8 1 7 3 Feb. 16 12% Feb. 8 13% Feb. 8 10% Jan. 16 96 Jan. 11 10% June 14 5% June 17 15% Feb. 5 8% Jan. 11 10% Apr. 26 1% June 15 2% June 17 13% Feb. 11 June 17 May 22 May 7 7 6 July 6 7% June 29 '% Jan. 54% July 20 26% July 2 % July 6% July 14 June 29 47 87 20 June 15 Mar. 22 June 1 7 18 101% Julyl 7 110% Jan. 8 8% July 6 5% Jan. 26 26% June 30 7 106 1 2 24% June 28 4% May 12 3 Feb. 42 5% May 25 88 14 13 3 6 22 32 Mar. 18 Jan. 6 12 48% Jan. 14 5 112% Jan. 12 Mar. 6 36% Feb. 11 40% June 26 00^ July 22 38 9 22 24 July July Jan. 29 Jan. 136 5% Jan. 4% Jan. June June 23% July 30 *20 May 28 July 26 24% Jan. 18 19% July 26 17% June 26 26% July 20 26% July 14 49 July 23 32% Jan. 26 2 July 43% July % July 50 July 9% July 2 July 93 July 38% July 4% July 3% July 6% July 30% July Mar. 20 Jan. Jan. Jan. 8 Feb. 36 35% Jan. 125 Mar. 3% May 33% Jan. 26% Apr. 118 Apr. 82 1% July July % July 22 45 July * 6% July 14 1% July 91 % July 22 July July July July 20 July 20 42 2 28 Jan. Jan. 5% July June 31% June 17 Mar. 18 Mar. 4 Mar. 10 ,XM Feb. 10 42 Feb. 20 89% Mar. 15 30 W* 36 19 Feb. 19 Jan. 3% June A 6 Jan. July 24* Apr. 13 June June 106 June 9% June June 1?!* 22 2 Mar. 9 Jan. 15 m Mar. Jan. 4% Apr. 85 90 1% Sale 26 Sale Sale 4% July 1% July 19 July 30% July 108 July 9] July 30} July 36 July 17 July 11 22 22 May 7 32% Jan. 12 17% Feb. 6% July % June 6 June Jan. Jan. Apr. Jan. 131 June June 124 5% Sale 3 3% 4% Sale 140 19 5% July 35 \m Jan. June 120 35% July 27 36 July 27 5% July 26 30% July m June 98% 34 84 22 1 59% June 125 Apr. 2% June 3% June 1% May 117 120 4% Sale 5% jan. 14 34% Jan. 13 1% Jan. 12 75 5X 3% July 4 65 July 24 July 20 1 1 Feb. May 22 1 38 80% 84 3% Sale 32% 30 31% 3% Sale 30% 6* Sale 11 56% Jan. 19 Mar. 31 6% Mar. 4 38, May 3 24 7 114% 16% 7% 115% 105% 1% Sale 62% 66 14 £ 9 25% June 28 % June 4 72% Jan. 7 July July July July 123 July 23% July 1% July 62 July 18% July 26 Jan. June 28 Feb. 5 Sale Prices % July 27 78% July 20 138 % July 2 65 Sale J* 21 116% Sale 17 16% 23% Sale 19% 2% ..... 22 108% Sale 1 • 19 3% 4 107'" Sale' 1 Warrants 11,100 Assoc Laundries of Amer...* 5,000 V t c common............* 75 Assoc Tel A Tel class A * 91,200 Atlantic Coast Fisheries....* 6,550 Atlantic Coast Line Co 50 60 Atlantic Gas Light pref..100 156,400 Atlas Corp warrants 77,300 Atlas Plywood Corp.._._...* 319,100 Austin Silver Mines ....1 87,300 Automatic Products Corp..5 see page 1 147 41,500 Anchor Post Fence com • 69,200 Angostura Wupperman., 1 20,300 Apex Elec Mfg Co common * Appalachian Elec Power— 2,570 $7 preferred .....* 290,700 A returns Radio Tube ..l 292,900 Arkansas Nat Gas com * 1,225,800 Class A • 113,300 Preferred ...10 570 Arkansas P A L $7 pref • 26,300 Art Metal Works common...5 243,800 Ashland Oil A Refining Co.l 16,900 27 139% Sale 114% Sale 16% 17 Sale Associated Elec Industries— 1,900 3,200 32,400 9,100 19,300 % July 73% July 69 July *17% Sale" 153 preferred.............. 1 6,700 Amer Pneumatic Service....* 4,700 Amer Potash A Chem Corp..* 19,700 Amer Seal-KapCorp com__..2 827,600 American Superpower......* 15,000 1st preferred. 42,400 Preferred... ..........* 18,000 Amer Thread preferred 5 350 27 % 14 22% $2.50 preferred... 1 Amer Hard Rubber Co com.50 784,400 American Maracalbo....... 1 18,900 American Meter Co • 600 29 3% 5 % Sale 3% 4% Amer Cities Power At Lt Corp Conv class A 25 Class A with warrants...25 40,300 Amer Laund Mach com 20 88,100 Amer Light A Trac com 25 3,750 6% preferred... .....25 12,875 Amer Mfg Co common 10S 25 Preferred. 100 500 2,800 1,900 % 79% 60 27 74% Sale Highest Sale Prices 42 May 14 21 % 77% 4 1,360 Amer Investment (III) com..* 2,000 7,300 6 July 27 July 12% July 2% July 3% July 4 "60 ~ Sale ■•ft 425 Amer Dist Tel N J common..* 530 7% conv preferred......100 10,700 American Equities Co * 169,100 Amer A Foreign Power warr_. 10,300 Amer Fork A Hoe Co com...* 298,400 American Gas A Elec com...* 12,420 Preferred. ....._.* 94,400 American General Corp 10c 2,400 8,800 1,200 32,200 1,425 July Lowest Sale Prices 52 July 26 25 26 Tp 74]? Highest Sale Prices 3% 4 28% Sale 13% 141 2% Sale 3% 4 27 Sale Sale 3% Class B............ 1 225 Amer Cyanamld com cl A.. 10 393,700 Common class B .10 55406 j 4 23% 12% 2% """ $5.50 prior 600 preferred......* 73.600 American Centrifugal Corp.l 2,925 Ask 21 26 3% 22 % 5% Sale 12% 15% 19 19k _ i 19% 21 & Fisher Inc common.* 106,934 Aluminum Co common.....* 23,700 6% preferred ...100 9,500 Aluminum Goods Mfg * 14,300 Aluminum Industries com * 62,950 Muminlum Ltd.. • 400 Lowest July 31 Ask Bid Bid 100 Allied Products Corp com.. 10 4,150 900 1 July I Ask 45 8,600 Alliance Investment com...* 1,500 Allied Internet Investing...* 850 IS conv preferred ...._* 6,250 2,200 RANGE SINCE JAN. 1 Allegheny Steel 7% pref..l00 7,800 Alles 100 100 350 ^89,115,000 — Price Jan. 2 1937 19,875 Acme Wire Co v t c —_26 2,800 Aero Supply Mfg class A * 76,800 Class B * 11,500 Agfa Ansco Corp com 1 30,600 Alnsworth Mfg Corp com 5 300 July 31 sales, are disregarded In the month's range, unless they are the only transactions of the month, and when selling footnote In the month In which they occur. No account Is taken) f such sales In computing the range for the year. NEW YORK CURB EXCHANGE Shares '2400 Jan. 1 to 1936 $61,561,000 541,430,000 cash Jan. 1 Shares 800 1937 $30,385,000 .J. « SALES Since . a Bond Sales July Jan. June 7 4 1% June 15 19 Jan. 4 1% June 16 5% July 30 3 Jan. 7 5% Jan. 7 7 39% Jan. 2 732 Jan 1% Feb. 1 1 % Feb. 7 9 Apr. 13% Jan. 30 57% Mar. 19 88 May 15 _ 4 Jan. 14 29% Mar. 18 3% Mar. 31 9 Feb. 16 ■' i'! YORK NEW 42 Price MEW YORK Since Jan. 2 EXCHANGE CURB In July Jan. 1 1937 Auto Voting Machine Par com..4' 57,300 2,325 20,975 144,700 11,400 25,600 398,600 12,000 12,300 1,300 7,610 300 3,300 """250 Ax ton Fisher Babcock ft 1,000 """loo 8,300 88,100 88,100 1,188 1,310 1,100 120 1 440 600 25 1,500 12,700 300 * 136% Wilcox Go... Inc—1 Steel—..1 Mfg class A.5 Works Corp 1 (L) & Co com * 15% MM Sale Sale Bardstown Distillery Baumann 3! 185 14 17 14 22 4 21% 3 3*4 13% 54 15% 16% 6% Sale 1 Corp com— 12% 1 6 Aircraft common—1 Co of Canada.. 100 6 % % pf-100 & Hedges com—...» Bellanca Bell Telep 122% Bell Telep of Pa 6 3 700 11,400 $ Sale 14% 250 400 6,500 1,800 1,900 2d preferred— Brazilian Tr Lt ft Brewster Sale 10 *4 52% 14% S" 15% Sale 29% Sale 18 *4 Sale 2,800 1,900 700 200 V 26% Sale 32 23 *4 23 1 10 Sale Sale Sale 7 30 2% Sale 58 4 10 Sale 11% Registered 300 6,200 Amer Amer dep rets ord reg 3,600 3,800 600 3,500 32 £1 Am dep rets ord reg 10s 500 British Col Power class A. Class B 125 71,950 Brown Co 6% 55,200 2,100 51,300 Brown Fence & Wire com Class A 1 $6 preferred Distillery...1 11% 31 31% 31% 30% July 30% 50 pref.25 Buff Niag ft East Pow $5 6 46 48 24% 106 » 1st preferred $3 6,500 conv Sale 24% 106% 4% 3% * 48% Sale 23% Sale 93% 95 24% 26% 2% 3% ..... 21,400 Burma Corp. Amer dep rets.. 10,400 Burry Biscuit Corp.... 12He 400 26,000 Cable 6% 1,100 5,500 100 I Elec Prod v t C——...» Am dep rets 10,600 61,500 3,400 2,300 Am A ord sh—£1 dep rets B ord sh— 1 4% 4% 4% Sale 1% 17", 660 700 15,300 100 800 400 42,900 900 3,000 30 31% 100 Canadian Canners common.* Canadian Car & Fdy pref. .25 Canadian Dredge & 76 78 12 Sale 6% 7 19 10 49% 50 23% 23% 97 99 28% Sale 3% 4 1% a. 26 1% *A 5*4 29% 700 10 325 '25 Ltd— 1 304,800 Canadian Marconi Co 12,200 Capital City Products——.* 25c 304,000 Carlb Syndicate com * 1,500 Carman ft Co conv A stk Glass B.— 3,900 Carnation Co common.. .* 9,200 1 228,400 Carnegie Metals Co com 690 Carolina P ft L $7 pref 720 279,100 73 7 27 Sale 6% 1*4 Sale 16% 2% Sale 23% 27% 6% 7% 32% Sale 14 5*4 4% 6*4 5% 14% 18% 1% Sale 24% 28 5% 6% 27 28% ,2% Sale 84 * Carrier Corp common 32 1 Sale * 36% Sale' 10 1 "9% Sale 7% 1st partlc pref—....100 15 13,200 Celluloid Corp com 1st preferred 1,930 $7 div preferred * 4,200 10,750 * 130 Cent Maine Pow 7% pref Cent Ohio Steel Prod 1 100 3,800 329,600 330,700 4,925 18,475 1,525 Cent Pow & Lt 7% pref...100 Cent ft Southwest 300 6,900 1,650 3,950 27,020 20,275 100 50c Common.. Central States Elec com 1 7% preferred 100 6% pref without warr..100 Conv preferred 100 Strip Co 5 Charis Corp com 10 Cherry-Burrell Corp com * Chesebrough Mfg .25 Chicago Flexible Shaft Co..5 Chicago Rivet & Machine...4 For footnotes see pake 53. Mar. 20 z30% Mar. 1 31 Apr. 24 33 Jan. 32 Feb. 18% July 30 Sale 51% Sale 8% Sale 27% 31% 31 35 6 Sale '15% Sale' '7% "17% Sale 15" 8% 25 18% 19 87% 25 $8 16% 4*4 4*4 4% July 1 1% 1 July 23 % July 5% July 3% Sale 1% 43 19% 23% Sale 44% 20% 25 6 26% Sale r 27% 6% 28% 2% 84 Sale 57 Sale 1*4 8*4 9 28% 29% 41% 42% 514 Sale 9% *15% Sale 143 883 20% 5% Sale 19% 2*4 Sale 1 % Sale 25 11 Sale 10% 13 11 Sale 5 Sale 20 15% Sale 13% 12% 14% 13 26 July 7 7 July 10 July 2 5% July 21 76 6 113" il4% Sale' Sale 14% Sale June Jan. June % June 4 Jan. 4% July *4 June 29 Jan. 9 % Jan. 7 5% Feb. 2 28% Apr. 28 1 Feb. 16% June 7 > i Apr. 24 Apr. 40^ Apr. 26 July 7 90% July 30 July 15 5% July 15 7 1 "I% July 17 July 19% July, 14 1% July 26% Juiy 1% July July July July July 93% July 84 July 51% July 26% 6% 28% 1% 29 July July July 21 7 July 3% July 96% July 87 July 61% July 9% July 29% July 42% July 5% July 2 6% July 8 28 37 10% Sale 15% 8' 100 _ July 2 10 July 31 100 45% July 15 July 15% Sale 3% Sale 1% Sale §7% 82 June 16 12 30 Jan, 8 8 19 27 June 26 28 June 20 9 June July 5% June 108% 14 7% 93% 31 39% 16 2 £14% 89% 21 12% 13 19 13 17 19 11 5 July July July July 34 18 July July July July 66 July 18% July 15 July 13% 12% July 21 July 22 79% 118 117% 114% July 14 13% 60 July 14% July 1 23 June 14 14 July 7 12% June 19 71% Jan. 22 28 110% Jan. 52% Jan. 21 14 Apr. 21 June 20 25 25 12 9 4 23 27 28 20 25 6 20 12 10 5 26 22 7 Mar. 17 Mar. 19 Mar. 17 Jan. 8 Feb. 16 Feb. 13 Apr. 1 6 % Jan. 22 2% Jan. 14 52 Jan. 13 27% Jan. 14 33% Jan 14 26% Jan. 13 7 Mar. 30 18 16% 12 82% 5 123 12, 76% 28 18% 7 23 18 Mar. 5 Jan. 21 Feb. 8 Feb. 19 Jan. 18 20 Mar. 4 7 Apr. 14 31 % Feb. 1 45 Mar. 12 14 124 28 15 23 105% 8 57 29 19 25 96 2 22% 91% June 23% June 15 10 June 17 10% June 29 11 June 18 4% May 13 July July 82 7 1% % 5% 32% 22% Jan. June Jan. Jan. June Jan. July July 26 July 26 19 July 26 17% July 24 7 5% July 17 17% Sale Mar. May 1*4 June 4% July 1% July 26 1 11 116 Mar. 26 2*4 July 18 60 June 2% June 22 16% 15 Jan. 26 25 12% July July 15% July 49 19 24 5 Jan. 16% July 88% July 31 35 14 10 1 July 15 iif 1*4 Jan. 90% July 8% Jan. 7% Jan. L61 Apr. 3% Jan. 23 % May 2% Jan. 26% July 8% July 35 Jan 3% Feb. 102% Jan. 97% Jan. 61% July 14% Feb. 38% Feb. 42% July 10% Jan. 12% July July 83 32 5% Sale 6 27 8% July 28 23 14 29 23 Mar. 73 5% May Apr. May 15# 8 25% Mar. 4 06% Jan. 4 29% July 22 5 Jan. 19 38% Mar. 9 % Jan. 13 5% Mar. 8 8 Mar. 8 10 *4 July "2% July" "8 78 110% .24 51 % Feb. June 7 1% July % July 29 7 5*4 July 30 18% Sale 30 8% 29% Sale Sale 13 83 94 June 15% Feb. 9 28% Apr. 12 12% Jan. 16 70 Apr. 22 30% Mar. 5 12 Jan. 26 June 18 Feb. 25 9% Mar. 85 10% Jan. 45% June 22% June 4 % July 8 4% July 30 5 July 9 39 June 8% May 44 Jan. 11 Apr. 25% May 6% July 70 Apr. 22 100 85 * 18 6 2% Feb. 17 1% July 23% July 28 July 28 29% July 22 & 1% Chamberlin Metal Weather i;900 600 400 25 98 Utii— Conv pref opt ser 1929..100 2,925 106,500 Centrifugal Pipe Corp......* 700 2,050 9,500 48% July 23 July 95 July 26 July 100 38,400 3,825 2,075 26% Mar. 17 116% July 26 121% July ... Cent Hudson G & E com "4400 625 7 6 '50% "July "23 9 '"1*4 "l% "2" Sale" » ....... 19,900 19,400 23,400 26 % July 30 90 Sale $6 preferred 10,400 Carter (J W) Co common 22,650 Casco Products 1,900 Castle (A M) & C9__ 201,300 Catalin Corp of Amer 2,500 375 July 18 8 Celanese Corp of Amer— 1,100 May July 7 July 12 27% July 22 7% July 9 4% July % % 1 11 Jan. 36 4*4 4% 2 6 7 22] Dock...* 6% preferred 100 3,595 * 31,800 Can Indus Alcohol cl A.. B non-voting » ,2,700 40 Canadian Indus 7% pref..100 60 270 31,100 1,700 1,600 k ti 3,450 Canadian Hydro Elec 1,400 400 7 80 13 July 16 12 July 29 26% July 13 6% July 2 % July lass 8 . July Apr. *4 6% 2% 46% Canada Cement Co common * :-M 100 1,060 £1 Am dep rets pref sh £1 Calamba Sugar Estate Co.20 .?■ 150 Camden Fire Ins Assn 1,000 25 8 1 % July 1 75 • f. 4 1 29 13 21 22 29 5 2 18 2 35 ..* preferred Warrants. 2% Jan. 32% Jan. 8 Jan. 30% Mar. 14% Mar. 5% July 36% Jan. 21 *4 Jan. 108% Apr. 3% Feb. 16% Feb. % Feb. 77 Feb. 12% Mar. 31 Mar. 3 June 4 Jan June 29 16 31% July 12 7 1% July 2 1% 17 5 19 8 4 12 Bunker Hill & Sullivan..2.50 Burco Inc common 76% Sale 12 12% 16 7,650 Buckeye Pipe Line 1% Sale Cables Ik Wireless— '<■£; May 24 9 Jan. Jan. June 28 9% May 18 28 | May 13 12 22 21 26 24% July 25 56% Jan. 29 19 Feb. 20 % Jan. 6 7% Mar. 15 35% Feb. 5 7 Mar. 22 108% Apr. 29 13 July July July July 16 21 18 23; 31% 2*4 June 23 1% June 16 Apr. 28 10% July 31 9% Sale 500 k 52 10 30% preferred 27,200 5,100 21,200 2,000 & 875 900 1% 11% 4% 52% 30% Sale Brown Forman 2,000 300 % July 7% July 3% July 49 July 10% July 23% July 21 Sale ...._.* 600 12 19% July July 28 24 24 13 3,000 Bruce (E L) Co 200 Bruck Silk Mills Ltd 7,100 1 % 10% Sale 3% 4% 49 4% Jan. 48% Jan. 43% Jan. 11 Jan. June 17 31 16" 23% 23% 44% 100 pref 2~,250 Ir'-vf"' 2 23% 23% 2% 14,200 10 ""366 July 24 July 9% July 4% July 22 British Celanese Ltd— 500 2 6 6 14 32% 33 % 32% dep rets ord bear. £1 900 June 26 20% 3% 18% 8% 4% 16 July 22 Ltd— British Amer Tobacco, 400 1*4 July 24 4 23% ........ June 17 1% July 16 24% July 14 4% July 22 27% July 28 2 10% July 5% July 13 % July 23 % Coupon stock (bearer)—..* 4,100 June 12 5% July 12 33% July 28 17% Sale 3% 52% 10% 3 40% 10% 7 22 Jan. 13% June 23 *4 Apr. 22 4 % July 6 26% June 24 Class A British-American Oil Co... 500 8 26 May July 1 July 27 12% July 20 June 29 13 33 2% 7*4 4% May 3 18% July 15 8% Mar. 2 169% July 21 125% Mar. 10 5% Mar. 3 19 Feb. 19 4 Jan. 22 2% Feb. 5 15% Mar. 8 37% Feb. 3 14% July 12 24% Feb. 17 38% July 27 6% June 25 1*4 27 9% 4% 33 16% Sale M Feb. 29 4% July 26% July 1 6 18 May 17 May 19 June 24 30% July 20 16 July 23 % July 5% 32% 26% 8% 4% 30 17 % 159 113% 14 16 10 Jan. 2% July 7 42% Mar. 27 7 1 Feb. £18 27 34 30 Feb. 103 3% July 13 46% July 13 22% July 17 29% July 13% July 1% 8 11% June May June 19 IB* 14 Mar. 15 21 22% July 18 2 6 Mar. July 5 38% July 27 2% July 44% July 16% 9*4 4,300 Bright Star Elec class B * 69,000 Brill Corp class A * Class B— » 87,700 17,300 7% preferred ..100 * 5,900 Brlllo Mfg Co common 520 2% 15% ...- ""266 July July 12% July 14% July 35% July 18% 7 4 *4 1 Aeronautical % July 13 35 45% % 5% 18 June 19 1 2% July 9 1% July 13% July 14 35 July 27 14% July 12 17% July 30 July 2 33 lh June Jan. June July Mar. Apr. 4 17% 5% 7*4 Jan. ii% June 25 29% 18% 80 16 May 13 29% Sale 13 *4 Sale *4 % 4 *4 5% 5 2% 3% 15% 9% 8% 7 Jan. 156 5 ""3% ""5"" "3% "I" Pr ord— 22% July 11% June 43 June July 23 16% July 1*4 2% ----- 45 17 Sale 11 '85"" July 23 19 11% Mar. 22 4 114% June 1% July 5 2% 44% Sale Jan. 3 11 Sale 17 2*4 Sale Sale 300 Bridgeport Gas Light Co » 89,600 Bridgeport Machine com * 10 Preferred ..100 "8", 400 July 2 July 14% July 2% July 5*4 July 16% July 10% July 8 3% July 7 18% July 15 July 7% July 19 July 13 7 169% July 21 167% July 113% July ;,:7 115% July 30 Sale Sale 1 13 Sale 7 6% Apr. 30 22% July 22 5 Sale ..... 100 —100 Breeze Corp— 13 14% Sale Sale 20 Hotels— Common......—————-* 7% 1st pref 2 14 3 U§" "2" % Sale 14% Bowman Biltmore 28,300 6,050 16,100 78,700 18,200 5,100 400 3% 5 3% "2'" Sale Sale "22% July 3 2% 115% Sale" Convertible Blue Ridge Corp com—....1 23,300 $3 opt conv pref———* 38,800 Blumenthal (S) ft Co com...* 4,375 Bohack (H C) Co common...* 2,280 7% 1st preferred 101) 6,550 Borne Scrymser Co 21,400 (Botany Consol Mills com—* * 16,000 Bourjois Inc 5 67,200 Bower Roller Bearing 250 54 Sale 108,700 r;/. 400 10 9 11 10 9 130 July July July July July 16 July 9% July 115% 1% 12 2% 4% 22% Purchase warrants—.—— 328,600 * 9,200 Blckford's Inc com... $2.50 Conv pref --* 1,000 1,500 Birdsboro Steel Fdy & Mach * 141,900 Bltai (K W) * Co common ...' 1,200 Bliss & Laughlin Inc com...5 """166 July July 28% July 16 20 preferred——* 490,800 Berkey & Gay Furn Co 1 7,200 3,300 3,600 Highest Sale Prices 16 10 Bell Aircraft Corp common. Benson Lowest Sale Prices "so"" "July 20 $1.50 conv pref Beech Aircraft 16% Sale 10 preferred—.—-100 7% 1st Beaunit Mills Inc common. 500 14,300 7,200 Sale Tob class A—10 Barlow & Seelig 200 2,200 15,600 4,000 MbM Sale 14 1% 114 12% 2*4 Sale 5 Sale 10] Highest Sale Prices 10% July 15 8% July 30 22% July 22 T % 8 9J Barium Stainless 620 , 10*4 9*4 7% $ Baldwin Locomotive warr... Baldwin Rubber Co com 1 Bath Iron Lowest Ask Ask Bid Bid 5 STOCKS (Continued) 1,900 1,600 1.210 6,800 10,300 2,900 14,900 Ask Sale Prices July 31 July 1 Bid 7.700 Avery (B F) Sons Co— Shares Shares RANGE SINCE JAN. 1 PRICES IN JULY SALE! AGGREGATE EXCHANGE CURB Apr. 28 Feb. 3 Mar. 24 Apr. 20 Mar. 5 July 21 AGGREGATE tokk curb new Aug., 1937] PRICES IN JULY SALES NEW YORK CURB EXCHANGE In Since July Shares 133,600 2,700 450 n„o'Si? Child® ^ Jan. 2 128,900 1,983,800 0,500 110.200 Par J It* Co preferred.. cities Service common......* Preferred.... • 1# 1H Sale 4# Sale 59# Sale 78 Preferred B * 1,020 Preferred BB * 3,925 cities Serv Pr 8c Lt B pref..* 125 300 5,600 4,050 100,100 2,700 4,200 406,700 2,700 10,450 500 200 16,200 "~i",666 17 Clark Controller Co 1,000 2,000 600 "44# 39# July 42"" July "23 Sale 14 52# 65 10# Sale 8# Sale 6# 13Z 5# IK 1# IK 3# Sale" * 2 "37# "45" 11 4 "34# 33 33# 2# Sale "47# 18 # Sale 5# Sale 4# Sale 4 4# 12# Sale 61# Sale 62 Sale 8 5# 1# 14# 7# 5# 4# Sale "5# Sale - 6 July July 30 7 July July 15 July 15 1 July 1 July 4 9 July 1 12# July 1 61# July Sale 7 Sale ■ "3K ""§# 1 82 15# 53 46# 28 6 41# 44 53 71# July 2# July 39# July - 2,300 Cohn & Rosenberger com__* 3«0,200 Colon Development Co Ltd.. 29,900 5% Income stock A £1 4,800 % July Sale 40 47 "33 1,300 Cockshutt Plow Co Ltd—..* .73,000 6% convertible preferred£l 107,550 Colorado Fuel & Iron warr... 56,700 Colt's Patent Fire Arms Mfg25 Lowest Sale Prices 3# July 8 38 July 7 40 July 2 50 July 9 July 6 4 July 20 7 33# July 2 1 July 4 ;. :i; Sale 40 43 8# % Sale ...I Clayton 8c Lambert Mfg Co..* Cleveland Blec Ilium com...* Highest Sale Prices July July 3# July 47 July 4# July 41 July 52 July 56 July 10# July 4# July 35 July 2# July S2V Sale m •44# 4# 38 46 1 ... Claude Neon light* com Lowest Sale Prices Ask 1 Sale % 74# 70 2# Sale 40# Sale Sale 13 July 31 Ask Bid Bid 33 n referred City Auto Stamping Co.....* City & Suburban Homes...10 79,800 Cleveland Tractor com.. • 6,700 Clinchfleld Coal com 100 41,150 Club Aluminum Utensil com * 11,000 8,000 4,600 8,800 1,150 Ask Bid !V'000 - n 200 July 1 1937 STOCKS (Continued) Chief Consol Mining Co RANGE SINCE JAN. Price Jan. 1 Shares 700 100 exchange 4 14# Sale 70 " 15# July 6# July 1# July 15# July 7# July 6# July 4# July 4# July 16# July 70 July 2 31 8 „ 70 Highest % July 28 June 30 2# June 17 27 28 39 29 26 26 12 38 June 26 40 July July 15 23 23 14 7 17 15 20 16 8 24 9 Sale Prices 2 K F 11 June 26 3# June 23 50 2 7 7# June 29 4 Apr. 30 33# July 7 # Jan. 4 8# Jan. 6 37# June 23 10 Jan. 9 4 Feb. Jan. 8 5# Jan. Jan. Feb. 79# Feb. 15# Feb. 4 K Feb. 40 Apr. 8 58 76 Jan. Jan. Jan. June 21 13 Jan. 6 13 16 2 25 12 14 9 Apr. 2 K Mar. 16 22 Apr. 4 10 13 10# Jan. 48# Jan. 15# July 8 1 6 3# Mar. 9 May 14# July 92# Apr. 17 5# Jan. 16 60 2 Mar. 2 9# 8# 4# 4# 24# Feb. 4 Feb. 8 May 18 Feb. 8 Feb. 11 74# Apr. 6 Columbia Gas & Elec Corp— 40,500 5% Conv preferred -100 640,500 Columbia Oil 8c Gas com 1 725 48,400 25 00 Columbia Pictures com new-33,500 Commonwealth Edison 1W 4,200 500 Warrants ........... X'lyO Commonwealths Distrlbut.-l 6,175 Community P & L 1st pref..* Community Public Service— 675 9# 7# Sale Sale 118# Sale 105 103 63 2 July 73# 1 7# Sale 7# July 8# 29# July 27 29# 113# 115# 105# July 2 117# July 22 July 8 July 27 July 26 62 June 17 104# Jan. 5# June 17 10# Jan. 14 8 29 June 14 Jan. 20 June 29 139 104 39 Jan. 18 Jan. 2# Jan, 64 Jan. 8 25 Jan. 14 Commonwealth 8c Sou Corp— „„„ 602,500 38.000 91H Sale K Sale 1# 1# 61 Sale # Sale 1# 1# 1# Sale^6 Sale 37 Me July 1# July \e/a 36# .Tniv July 2 2 7 #. July 17 1# July 2 41 July 12 % June 5 1# June 32 June 24 June M 1 June 4 14 _ 900 1,000 r,k'z»9 stk tr ct'8 for com 25 22,o00 Community Water Serv 1 7»°00 Compo Shoe Machinery..—1 700 200 oV t c ext to 1946 - 228,600 Consolidated Aircraft com.. 1 30,900 Consolidated Biscuit Co 1 "2I2OO Consol Cigar Corp •, 149" 600 50 150 6,500 27,800 800 5% preferred A Consol Gas Util 2,500 900 12,700 150 500 8 OH of Mexico..J Steel Fdy com..* 975 Continental Secur 50 Cook Paint & Varnish Co...* 80 $4 preferred * 60 25 tm isk 15 15# 15# 15# ""5# ""5# 5 9 Sale "2# 98# "99" IK Sale 17 K Sale 19# "20"" 65# 75# Sale 75 # #1 78 80 7# 7# 98 100# 2# 2# 9# Sale 6# 95 11* 10 85 Sale 89 # 17# Sale Sale # 18# "15"" "16# 15# 72,800 Cooper Bessemer Corp com..* 4,600 $3 prior preferred.... * 31K Sale 21 22# 2l" 31,900 Copper Ran He 12# Sale 16# "11" n# 30# 4# 5# 88# 4# 25# 5.000 100 1,900 2,100 39,600 2,100 4,800 Copperweld . Co • Steel com.....10 245,400 < -ord Corp. ........8 32,800 Corroon 8c Reynolds.... ...1 . 200 4,400 S6 Conv pref A 40,200 Cosden Petroleum 37,500 3,000 3,100 6# 87 Sale 7 90 32 29 2# Sale 4# Sale 87 . 90 4# 1 com 26 5% preferred .........50 Courtaulds Ltd... I) 4,425 1,825 4# July 15# July 22 10 "5"" Juiy'ai 6*"~Juiy 9 June 11 Jan. 1 9# July July 14 1 75# 65# July 76# July 23 112# July 29 113 July 14 8 2 July 2# 2# July 12 8 1 k July K July 19 2 81# 75 July 81 July 28 6 8 6# July 7# July 22 100 96 July 13 98# July 21 2# July 19 2# July 8 Sale 1 9# July 11# July 13 1 91# 85 July 90 July 26 1 # July 13 ,K July 1 1 Sale 17# July 19# July 20 9 2 July 9 July 2 16# 15# July 17 17 j;> July 22 55# July 19 56 July 19 July 19 "21# 20 July 6 35 July 13 July 13 "12 2 10# July July 21 2 31# 27 July July 9 1 Sale 2# July 4# July 29 1 6 4# July 5# July 24 90 90# July 28 July 28 1 5 4# July 6 5# July 27# 25# July 15 28 July 7 Jan. June 8 M Jan. 11# Mar. 31 1# 16# 1 27# July 23 1# July 10 16 ■ Sale 28 m m 13 Am dep rets for ord stk reci July 7 13# July 8 34 June Mar. mJan. 14# May 19# June "l6"" Sale" '16# Sale" ""I# ""2# "2 81# Sale 16 July 2 July 15 15# July 16 15# July 6 Sale 1 ■ common 17,400 1,400 88 Sale 89 # 1 Min 8c Smelt Ltd 25,400 Continental 116,100 Cont Roll & 3,800 9 100 com 45>000 Cons Retail Stores Inc com.l 4,200 8% preferred...........100 9,700 Consot Royalty Oil 10 629,000 Consol Steel Corp common..* 1,900 Cont'l G 8c B 7% pr pref...100 300 IK IK 15# 16# 15# 16# 22 # Sale 25# Sale # '• 1 Warrants 17,753 Consol 500 4,000 32 X warrants. 1 >037,800 Consol Copper Mines 5 51,400 Con Gas EL&P Bait com..* 6,800 31H 64 2 8 17# Jan. 23 33# Mar. 10 Jan. 22 8 89# Jan. Feb. 8 Mar. 12 2# Mar. 15 100 Mar. 9 112# July 1# June H4£| June 73# Apr6# June 96 July 2# Apr. 10# Jan. 19 20 June 35 10 Mar. Mar. 27 Jan. 25 Mar. 16 Jan. 18 Jan. 22 Jan. 22 Feb. 10 21# Jan. 23 61# Mar. 11 Feb. 10 35 7 52# Jan. 18# Jan. 12 July 34 6, 85 135 3# 17# 102# 2# Feb. May July 16# June ill ?!M June June 55# July July 27 2 May 15 5# Jan. 12 June 4# June 86 7# 94# 5# 28 Feb. 4# June 23 June 12# Mar. 13 Jan. 18 Mar 16 July July 6 7 14# Jan. 14 Cramp (Wm) 8c Sons Ship & 5,400 Engine Bldg Corp ...100 246,600 Creole Petroleum com i 139,500 Crocker Wheeler Elec Mfg..* 507,800 Croft (The) Brewing Co 1 1,100 Crowley Mllner 8c Co com • 28,200 5,100 20,700 24",200 281,300 Crown Cent Petrol Corp 1 14,600 Crown Cork Internet cl A • 132,000 Crown Drug common 25c 2,925 Preferred .25 11,300 Crystal Oil Ref Corp com * 2,900 6% preferred 10 4,800 Cuban Tobacco com y t c • 4,500 Cuneo Press com...... 1,600 7,500 75 ""405 """loo 300 1,250 35,206 1.767,800 6# % preferred 1,050 Curtis Mfg Co (Mo). 1,150 8,850 Class A. .35 Defiance Spark Plug com * De Haviland Aircraft Ltd— 200 Amer dep rets ord reg £1 12,500 Dejays Stores Inc common. 2,790 Dennlson Mttf 7% pref 100 pv 24,400 1,075 97,800 Derby OII 8c Ref com.......* 4,000 $4 cum preferred 18,000 Detroit Gasket 8c Mfg Co.—l 300 2,300 12,500 15,700 4,800 4,200 6% preferred w 20 w 1,400 2,100 50 50 De Vilbiss Co 1,060 'v Am dep rets ord 3,900 reg £1 6,200 Divco-Twln Truck Co com__l 74,100 Dominion Steel 8c Coal B..25 400 Dominion Tar & Chem Co. Douglas (W L) Shoe Co— 2,225 7% preferred 100 17,300 Dow Chemical Co con......* 300 700 30 2,400 275 1,471 Draper Corp 17,900 Driver Harris Co common.. 10 220 7% preferred ........100 105,600 Dublller Cond Corp com__.l , 4,525 Ouke Powei Co 100 4,800 16,100 364,400 Eagle Plcher Lead Co.....l0 6,400 3,950 1,200 110,000 Eastern Gas & Fuel Assoc.: * 32,400 6% preferred .....100 9,600 4#% prior preferred...100 1,725 Eastern Malleable Iron Co.25 "10",500 75,300 4,800 4,000 """loo 5,200 5,100 311,100 7,600 2,600 Eastern States Corp com....* $7 preferred series A • 16 preferred series B......* 7,400 52,600 Basy Washing Mach class B_* ' 50 1,300 2K Sale Sale 13# 4# Sale 4,450 Economy Groc 11,300 82,100 2,700,100 68,600 25,400 For footnotes Stores com.. 1# 1# 12# 13 2# Sale Electric Bond 8c Share___...5 |6 preferred $5 see page preferred 53. • 13 38# July 14 15# July 26 # July 2 July K July Sale 14 2# 1# July 12# July 2# July x20 2# July 15 13# July 23 2# July 10 21 July 26 July "2# Sale' 12 14 16 50 50# 106# Sale Sale 17# Sale 14 15# 19# Sale 30 31 5# 40 Sale 6 8 45 39# 8# 44 """# Sale" 10# 21# 24 %, # Sale 13 13# Sale 10# 15# 23# Sale 27# 29 28 <■ Sale 15# Sale 70# Sale 5K 5# 10# Sale ""6# Sale 11# 11# *"§# Sale" Sale 89 15} 181 16 K 19 8# Sale 65# Sale 12# 13 15# 17 17# Sale 2# Sale 4 4# 5# 6# 16# 17# 17# 17# 2# Sale 4# Sale 5# 6 44 48 Sale 49 9# 10 30# 31# 12# Sale" 9 9# 27 27# 4# Sale 17# Sale 12# "July ""8 i K Hi rH 40 July 14 40 July 14 1 106# July 15 """% July""! # July i ill# July 1 14# July 14 21# July 1 24# July 28# July 24 July 19 % July 1 10# July 65 July 6# July 75 July 16# July 17 July 2# July 4# July 5# July 43# July 28# July 23 July % July 12 26 30 1 July 77 July 8# July 89 July 17 July 17# July 2# July 31 26 2 10 29 28 23 19 31 20 30 8 5 July 9 6# July 8 49 July 9 31# July 10 23 July 29 27# 4# m 1 1 5 July July 22 13 4 June 14 35 29# 32# 33# 35 32# July 6 35# July 16 138 31 * Sale 40 Sale 76# July "85" ""July "23 3# 68 1 31 3# 70 1# 3# Sale 72# % 1# 72 5# "6# ""7# 22 Sale 7# 6# Sale 60# 62 5 40 57 72# 11# Sale Sale 7# 18# Sale 69# Sale 6 74 35 5# Sale 58# 3# Sale 80 56 74# 12 54 8 67 65 8# 3 # Sale 72# Sale 1 1# 6# 6# 9 9# 20# Sale 6# 6# 49# Sale 61# Sale Sale 3# Sale 22# Sale Sale 72# Sale 19*" "20# 15# Sale 68 Sale 58# Sale 34 40 106 29# 108 July July 3# July 72 July '"5# July ' 7# July 18# July 5# July 40 57 July July 19# July 3# July July 31 July 17 3# July 7 75 July 24 "~6#~JuIy~14 9 July 13 21 # July 7 6# July 14 49# July 30 63 July 9 20 July 20 4 July 8 68 65 Sale July 8# July 16# July 21# 2# 19 July "62" July"20 11 July 16# July 2# July 21 # July 3 July 15# July 76 166# July 68# 58# July 22# July 77# July 69# July Sale 13 6 28 12 26 27 27 8 25 2# Jan. 12 16 5 25 Feb. 20 Jan, 11 Feb. 3 2# Jan. 9 13 June 29 15 Jan. 9 18# Feb. 16 15# Jan. 21 28# Apr. 1 33 6 1 Apr. % July 1 14 Feb. 17 10# June 24 14 Feb. 17 lfr Jan. 60 87 May 7 8# July 19 89 July 31 19# May 6 June 29 5# Jan. 75 6 June 21 15# Jan. 13 17 Mar. 20 2# 3# 5# 43# 28 K June June June July July July 23 15 17 17 2 10 29 Apr, 9 Mar. 4 4# June 28 12 Jan. 4 May 6 30 Jan. *18 38 3 17 June 28 v June 4 Feb. 2 10# Jan. 16 Feb. 19 31# July Apr. 10 16 10# Jan. 8 64 30 29# Jan. 20 5# July 22 28# Mar. 8 17# Apr. 9 96 Jan. 42# Jan. May 6# Feb. 79 Feb. 1 # Mar. 7# Mar. 10# Jan. 55# June 24 19# July 13 62 Feb. 3# May 21 11 111 May 18 June 20 13 50 Apr. 16 159# Jan. 21 June 76# July 30 Jan; 106 July 2# June 68 Apr. 1# Apr. 5# June 6# Jan. 63 62 22 Feb. 17 $ % July 129 79 Jan. 1 # Mar. 12 May 25 15 33 135 23 20 Jan. 11# June 30 13# May 13 19# Jan. 2 24 July 19 26 4# July May 13 May 22 40 June 8 50# Feb. 18 104# July 1 108# Feb. 6 11# June 11 16# Feb. 11 'A June 26 # Feb. 26 28# 5 17# July Mar. 29 1# Feb. 3 38# July 14 June 9 Sale 23 10 12# June 30 2# June 21 19# June 21 9# 9 June IK June 24 6 104# July 104# Sale xll # 10# July 23 % Sale 80 .. 2 13# 2# * Edison Bros Stores new....2 Blsler Electric com.........] 35# July 8# 12 ...... 1,200 Durham Hosiery cl B com...* 35,800 Duro-Test Corp common 1 55,100 Duval Texas Sulphur • 75 Sale * Distillers Co Ltd— ""'340 Sale 10 common Diamond Shoe Corp com. 5,300 Distilled Liquors Corp.....5 6,000 4,500 36# Sale Sale 13 Detroit Gray Iron Fdry com.l Detroit Mich Stove Co.. 23,200 35,150 Detroit Paper Products.....! 39,100 Detroit Steel Products.... Sale 37 % Sale 8 1 1# # Sale Sale 14# Sale 37 K '200 ■;v. 800 50 • # IK 50c ...5 2,500 Davenoort Hosiery 85,100 Dayton Rubber Mfg "5", loo 340 Cusl Mexlcana Mining 66,100 Darby Patrol Corp.... 3,900 200 ....100 1 17 May 11 May 11 7# June 28 115# June 29 19 May 13 1# June 26 13# June 17 166# July 2 56# June 15 11 23 7 11 5 9 1 13 27# Feb. 23 10# Jan. 19 71 80 Jan. Jan. 1818 26# 6# 82# 82# 13# Feb. Jan. Jan. Jan. Jan. 25 5 15 18 18 23 Jan. 11 Mar. 8 24 4# Jan. 21 28# Jan. 13 87# Jan. 28 80 Feb. 10 YORK NEW 44 NEW YORK CURB Since Price Jan. 2 vj EXCHANGE 1937 Jan. 1 Sharer 12,500 30.000 7,060 17,900 ' AMOclatez—1 5X —1 Electric Power 5% A Claea Electric Pow & Lt 76% Sale 12 % Sale 5% Sale 96% 97% 2d pf A—* Option warrants 48,500 Electric Shareholdings com. 1 <6 Conr pref with warr.—* 4,850 Electric Shovel 5,200 ,1.150 6% 16 18% 52 35 46 30 . 50 Sale 45 -• 46% 15% 40 47 32% 19 19 Sale Sale 7 8 22% 12% 23% 13% 38N Sale "*40 " . 112"" 11 % . U3% Sale „A% 70 71 74 111% 112 13% Sale 72 111% 112 12% Sale 22 X * 23% Florida Power & Lt Class B "13% "17% % S ale 16 Sale Sale 25% 21% 20% zw 24 24% Sale 24 26 7% 2% Amer dep rcts..Ord reg II 7,000 Ford of France Am dep rets 6,100 Fox (Peter) Brewing Co....5 30,600 Franklin Rayon Corp com._l Froedtert Grain & Malting 88,800 10 9% 10 13% 13% 50 22% July 6 July 7 24% 24% 11% lf% 16% 17 20% Sale 18% 17% 13% Sale 3% 3% 3% 4% 23 23% 19% 19% 20% 21% 19^6 com.....* 20% 18 Sale 23% Sale 12 14 2 June 30 26 22 22 7 23 40 35 July July 40 June 29 22 1% June 29 32% July 29 31% Feb. 16 19% Mar. 11 2% Jan. 28 9 47% Feb. % June 15 % Jan . 6 July 1 18% Jan. 5 XX Feb. 4 3% Feb. 23 45% Mar. 11 27% Mar. 10 13 7 900 ' $6 conv pref ser ..* 1 ...* B— Gen Investment Co com $6 Preferred..... ... 100 83 % Sale Warrants.. 1% Sale 81% 89% %e 3 32 1% July 12 June June June Mar. May June Jan. 82% Jan. 12 114% Mar. 3 18% Mar. 17 13% % 65% 109% 10% 70 pref...* General Rayon A stock * General Telephone Corp 20 $3 conv preferred ......* Gen Tire Ac Rubber com 25 1% 21X 50 X 19 X IX 22% 52% Sale Rights.. ............ 6% preferred A ......100 2,180 900 Gen Water Ga8 Ac Elec com.. 1 $3 500 1% 16 48% 1% 15% 45 21% Sale 2 Sale 10% 11% 34 preferred..............* 11% 36 34 36 % ' f; N Preferred... 16% July 75 3 Sale 35 * 2,740 123,100 43% *9% 14 43% Sale 29 Sale 9% Sale 42% 39 40 39 26% 27% 24 100% 55 333 5% Sale 6 5 Sale 33 39% July 27 27 Sale 98 5% 32% 6% 35 July 33 1 Gorham Mfg Co— 26% 3% 13% 20 Y t c agreement extended.* 32.300 377,300 Grand National Films Inc..l 29,025 Grand Rapids Varnish Corp • 43,800 Gray Tel Pay Station com.. 10 3,250 Gt Atl At Pac Tea 1st pref.100 Non-voting common stock * 11,500 13,800 Great Northern Paper Co..25 113,700 Greenfield Tap At Die com..* Sale Sale Sale 20% il4% Sale" 38% 9% Sale 37% 25% Sale 32% Sale 2% 3% Sale Sale 13 14% 15 Sale 8 8% 9 8% 120 Sale 122% 123% 119% 89 91 80% 83 82 40 40% 39 38% 39 14% 14% 15% 15% Sale 26 2% 13% 8% Grocery Stores Prod— 4% Sale % Sale 58% Sale New common 25c 32,600 22,400 Guardian Investors common f 25 >319,300 Gulf Oil Corp 250 Gulf States UtU $6 pref.....* 15.50 preferred..... 350 6 16 15 July 13 9 5h 53% Sale 4% 4% 558* 85 Sale _..* 625 Gypsum Lime Ac AJabastlne.* —• 50,500 Hall (O M) Lamp Co 4,300 Haloid Coi.....i..,;.,,...5 13 14% 6% BX 23 24% 10 16 4% Sale 19% 16 12 13 July July July July July July 4% July 13 % July 2 53% July 1 85 July 31 72 July 12 14% July 24 5 4% July 29 19 18% July 22 4% 18 8 33% July 17.500 Hazel tine 32,400 15% 16 Hearn Dept Stores common. 5 10,900 3,850 7,300 68,900 16,800 2,200 • Corp 6% preferred............50 4,700 394,800 16,700 5,300 2,800 5,100 5,200 ; 66% 68% 1% 1% 2% 3 14 ,14% Hecla Mining Co 25c Helena Rubensteln Inc new.* ■ > ... . . 7% 890 306,200 134,000 13,100 Hewitt pref Heyden Chemical Co.. .10 Hires (Chas E) class A com..* Hoe (R) Ac Co class A 10 5 HolUnger Consol G M Horn At 5% preferred 39% 13% 20% 8% Sale 9% 15% Sale 14 13% 50 46% 16% Sale 7" ' Sale 7 7 Humble Oil At Refining ..* 9*1 % 9 15% 2% 1% 15% 15% Sale 48 58 39% 42 4 64% Jan. 29 1% June 15% June 11 July 15 5 18% Jan. '32 June 29 '*A 98 July 27 107 10% July 28 11% 34 June 28 32 16% July 7% July 8% July IF 28% 29% 11% Sale 27 Sale 7 Sale 13 1 5 July 8 % July 9 59% July 22 85 July 31 77 July 26 15% July 8 12 22 5 July 18% July July 22 July 39% July 45 July 25 July 11% July 21% July 7 July 31 19% July 7% July 9 July 18 17 June 23 32% Sale 78 Sale * % 1% 17% Sale 15% 20 a ? 5% Sale 8% 9% 32% Sale 9 July „ 32% July 104 Sale 102 July Sale 31 28 July 28 30% 83 Sale 77 July 77% Sale 11% July 11% Sale "19"" "21% 22% 23% 21% July % July % % 20 17 July 17% 15% 15 26 7% Sale B* June 30 July 3% July 5 May June June June May 17 17 11 11 26 47 July June 25 30 21 9 4 25 4 31 2 9 Apr. 10 July 27 21 31 June 21 31 20 102 27 % July 19 16 26 14 19 8 Feb. 6 1 % 63% 95 90 5 14 16 May 13 Feb. 26 June 28 3% June 29 43 % June 26 Jan. 25 Jan. 12 Jan. 25 Jan. 26 Feb. 9 17% Apr. 5 7% Jan. 25 Jan. 24 7 10% Jan. 28 Jan. 3% Apr. 4 Jan. 15 Feb. 18% Feb. 17% Feb. 22 Feb. 23 70 52 10 19 11 15 23 25% Mar. 11 9% Apr. 20 11 Apr. 5 Jan. 6 103 Jan. 11 283 163 May 22 44 July 29 45 June 22 35 Apr. 153 333 113 193 22% Jan. Jan. Feb. 13 28 29 18 Jan. 28 Mar. 10 9 July 27 41% Jan. 7 _ June 26 112 42 25% June 24 72 June 17 11% July 15 17 Jan.. 12 24 9% July 4% July 51 July 10 June 16 30 9% aVA 3% Sale 11 June 29 23 Mar. July 22 12% June 16% July 15 39% June July 29 36 Jan. 8 45 July 24 June 28% July 28 11% July 14 xl0% June Jan. 19 27 July 12 7 July 8 7% July 9 July 33% July 104 : July 32% July 84% July 12% July 22% July % July 18% July 12 X Apr. 12 44 July 22 Jan. 20 Jan. 28 5 Jan. 6 8% Jan. 15 56 May 27 24 32% 4% 18% 22% 16% Apr. 23 31 12 4 6% 7% 6% oZ% 6 July 15% 5 15 Apr. 12 1 128 July June Feb. Jan. 7 117% Jan. 47 Apr. 72 15 19 Feb. 26 14 85 20 32% Sale 102% Sale 6 14 1% Jan. 2 4 12 38 1 June June 18 % Feb. 25 6 18 4% Jan. 4 %, June 22 "31 Feb. Jan. 15 107 50 17 Feb. 39% Feb. 19 10 June 14% Jan. 6 Jan. 28 15 51 23 % Jan. 5% Feb. 33 July 25 Apr. 15 Apr. 26 Apr. 23 45% Feb. 1 June 4*1 Feb. B* 20 July July July 8 June 21 36h 28 June 8% Jan, 18 8 16 19 6 38% Mar. 18 46 72 8 23 Feb. 22% Feb. 51% Jan. 3 Jan. July 22 2% July 17 1% July 12 11% July 13 15% July 6 15% July 31 July July July July July Mar. 8 Jan. 50 19% Sale 6% 7% 8% 9% 7% 8% 15 23 Feb. 11 23% Feb. 13 " 59 July 1% 1% 9% 15% 14% 24 10 100 * 60 10 14 Sale Hummel-Ross Fibre Corp.. 53. 58% 1% 1 % "42"' 1 Hud Bay Mln At Smelt see page Sale Sale Hardart com...... 13,738 tHuyler's of Del com. 7% preferred stamped..100 6,320 100 7% pref unstamped. 100 2,900 Hydro-Elec Secur com..... 42,900 Hygrade Food Prod.. ......5 6,350 Hvtfrede Svlvanltt Cnrn miV Sale 1% w w 6,500 Hussman-Llgonier Co For footnotes 10% 25 Rubber Corp com...5 cum 300 Horn (A C) Co common 8,805 Sale Class' Heller (W E) Ac Co common..2 Holophane Co Inc common.* Holt (H) Ac Co class A__ ...» 300 Horder's Inc...............* 250 Hormel (Geo A) Ac Co com.. Y 19% 58 2 56% 19% June 24 17% June 18 8 July 119% July 80% July 37% May Handley Page Ltd— Am dep rets part pref 400 8s ..25 600 Hartford Electric Light 33,300 Hartman Tobacco common.10 ...1 55,100 Harvard Brewing Co. 23.800 Hat Corp of Am cl B com 1 Mar. 6% Feb. 21% Mar. 25 1% June 14 2 12% Jan. 32% July 3% July 14% July 10% July 123 % July 90% July 40% July 15% July July July 98 8 7 24 23 100 Feb. 4 Jan; %e June 89% Apr. 23 96% Jan. 73 May 18 100% Feb. July July 32 22 13? 403 * Glen Alden Coal Co.. 17,520 Godchaux Sugars class A...* Class B..................* 57,410 $7 preferred 790 ...» ..1 315,100 Goldfield Consol Mines 14,800 Gorham Inc class Acorn....* S3 preferred.. ...» 2,850 38% Jan. 19 21% July 16 8 X Apr. July July July July 8 4 11 23 14% Jan. 29 Jan. ; 83 76% July 8 12% July 29 39 July 26 22 July 23 10% July 12 42 July 16 28% July 13 100% July 31 '71% July 11 31% Jan. 56 Jan; 1% June % 13" "13% Feb. 65 29% Feb. Jan. - 1% July "9% "11% 4? * 200 Gladding McBean Ac Co % 46 July 21% July r?32 July 98 July 10% July 35% July §7" "99% 10% Warrants................. 1,200 * 7,550 Georgia Power $6 pre 26,135 Gilbert (AC) Co com.......* 46 26 Mar. 92 11% May 17 31 9 1% July 17% July July 27% July r% July 106 July 10% July 35% July 1% July 15% July 1% n 16% 16* 46% 48% 27% Sale June 20% July 31 Gen Outdoor Adv 6% pref.100 General Pub Serv $6 Jan. 8% Feb. 4 26 5 % Jan. 22 7 9 May 5 xll% June 3 8% Jan. 27 14% Feb. 16 87 % July 22 18% Feb. 24 6% July 2% Jan. 1% July July >3* July 13 25 36% May 21% June 22 July 20% July 21 24% July 19 2 July 13 13 35 94 86 4 19 2 8% Feb. 11% Mar. 3 July 21 17% Feb. 20 15% Mar. 20 6 47% Feb. Jan.i 8 93% July 21 3 % Jul y 2 1% 89% 3 Feb. Feb. Feb. June 29 19% Apr. 12% July 60 48 1% 81% % 3 19 Mar. 3% July 9 Gen Gas & Elec— 231,600 2,800 37,200 1,500 1,180 17,800 54i500 5,300 234,300 138,200 1 1 Jan. ^ 13 July Mar. 60 77 81 18 31 27 4% July 1 28 25% July 23 13% July 9 17% July 6 21% July 24 7 1 June 26 40 11% July 27 July July 22 6 22% Feb. 17% Feb. 10 5% Mar. 29 22 13% June 17 11% July 16% July 20% July 20 18 ! July 30% July 41 July "9% July" 15 Sale 94 * 220 Gamewell Co $6 conv pref General Alloys Co General Elec Co of Great Brit American dep receipts £1 9,600 Jan. 7% Jan. 98% Jan. 19 28 24 9% July 4% 18% 139.800 6% July 26 7 14 21 10% July 12 11 2 112% 75;? 22 Jan. 6 75% 9% Jan. 80 June 13 6% July 45% 1 6% 3% 10% 6% 2% 9% 3 ...-1 15 ..1 Common........... Conv pref 13,450 1,300 Fruehauf Trailer Co Sale 2% 10% Sale 2X 3% 8% 9% 10% 10% 16 22 28 21 10 24 23 21 7 23 21 23 22 26 31 29 If* 13 13 11% Jan. 6% June 11 2% June 30 68 May 18 24 July July July July July July July July July July July July July July July iH 1 25 1 41 v 6% 6 1 July July 13 6 July 9 July 2 July July 21 July ^1 8 July 8 12 Sale July Sale Prices 17 45 30 26 % July 28 14 . 1% July July 22 July 26 Highest j 5% June 4 5% June 16 26 26 35% July 1 1 July July July July 111 x70 iir Said" "48 S7 pref. Ford Motor of Canada cl A..* 3% 9% 22% 12 % 12% 40% 15% % 71 40"" "41"" ""X """% Brewery.........—1 Fire Assoc of Phlla 10 First Nat Stores 7% 1st pf.100 Flak Ru bber Corp common 1 Preferred.... ....—100 Fldello 19 14% 14% 12 13% com—.1 1 1 1 13 July July 18 4% Sale 9% 10% 24% 25 .•:4K; Sale 9% Sale 21 19% 12% Sale 17% July 2 % July July 41 July 52 July 53% July 46% July 47% July 26% July 16% July 2 July X July 10 1% July 1 : 26 Sale July 34 25% July 23 14 July 1 1% July 1 32% July 29 "16"" 1% Sale Sale 20% Sale IX Sale 18 22 Sale July July July July 35 1% Sale 32% 37 11% Gen Fireproofing 13 40 50% 58 50% 56 47 t; Sale IX. Sale 32% common....5 Ford Motor Co, Ltd. "46"" "44"" Sale Fiat Amer dep rets 63,700 July 22 14% July 2 2% July 1 30% July 1 41 July 28 "17% "18% 2% 2% 45 Said ■V: 1 20 * Fanny Farmer Candy com__l Fan steel Metallurgical Corp* Ferro Enamel Corp 15% Sale Sale 14% 2% 30% 14 1 1 Falstaff Brewing Co 64 Sale Ealrchlld Aviation com 7% July 7% July July 11% July 4% Jjly 85 July 9 9 2 2 1 16 55 8 88 85 85 45 2 % Sale 46% 48% Option warrants—... 30,700 11% Sale 4 % 40 75% Sale 69 % Sale 70 '74 preferred.........—100 Fedders Mfg • 9 8 32 53 73 71 533,800 Evans Wallower Lead....*—* 7% preferred...........100 26,600 208,700 Ex-Cell-O Aircraft Ac Tool..3 67,300 69,500 19,050 16,400 9,400 71,100 1,100 225,100 2,100 1,330 314,800 9,005 21,700 226,000 3,320 Sale Prices 13 (>X% preferred 100 6,200 Empire Pow Corp part stk__* 26,400 Emsco Derrick & Equip Co .5 537,400 Equity Corp common...—10c ....50 1,100 Eureka Pipe Line.. European Elec Co of Can- 53,400 6% 6% Sale 82 Lowest Sale Prices 5% July 5 % July July July 3% July 85 July 7 6% 6% 5H '63 33 Highest Sale Prices Ask >; Coal Co— $4 participating pref * 7,700 10,300 Electrographlc Corp com...! --1 21,800 Electrol Inc v t c 4,575 Elgin National Watch Co—15 350 Empire Dlst Elec 6% pref. 100 14,275 Empire G Ac F 7% pref 10« 8% preferred....... 100 5,750 , Ask Bid Bid Par STOCKS (Continued) Lowest July 31 July 1 RANGE SINCE JAN. 1 JULY PRICES IN SALES AGGREGATE EXCHANGE CURB Jan. 25 Feb. 23 87 Feb. 9 12% July 17 23 Mar. 4 2 Feb. 6 27% Feb. 26 Apr. 13 2 3 Feb. 20 5% Jan. 53 % Mar. 21 6 NEW AGGREGATE SALES Since Jan. 1 Shares 6,000 6,800 6,200 2,300 25 V v . 500 8,400 1,300 1,000 1,200 1,100 820 400 150 1,200 1,300 600 < 1,925 2,900 1,000 2,500 12,600 ; 900 225 17,200 • v: 300 2,800 YOKK CTJBB EXCHANGE PRICES IN JULY RANGE SINCE JAN. 1 NEW YORK CURB EXCHANGE — Lowest Highest Sale Prices 7 July 1 24 : July 1 8 % July 1 Sale Prices 22 July 2 54% July 20 9 % July 20 20 14 36% 9% 21% 22% 94% July July July July July July July July 20 1 1 2 19 20 ..7 7 23 , 2% July 24 2% July 8 1% July 2 12% July 1 67 July 1 24 July 19 2% July 15 26 July 2 % July 14 14% July 9 34 July 10 33% July 15 4% July 19 11% July 1 r% July 1 % July 22 16 July 9 1% July 6 July"! 4% July 2 6% July 29 37 July 9 8% July 1 % July 29 20% July 7 11 July l 1 July 1 % July 14 13% July 6 2 July 29 73 July 6 77 July 24 86% July 7 4% July 15 99 July 2 Lowest 9 July 24 July 26 11% July 26 34 July 23 54% July 20 30 9% July 27 July 12 July 16 July 8 July 13 July 9 28 July 7 29% July 26 95 July 27 21 20% 14% 37% 10% 2% July 2% July 2 July 20% July 75% July 25 July 3 > July 35 July 1 July 15 July 35% July 34% July 6 July 1 9 16 16 16 9 28 22 20 9 29 14 14 Highest EXCHANGE CURB YORK NEW RANGE SINCE JAN. 1 PRICES IN JULY sales aggregate Price MEW YORK CURB EXCHANGE Since Jan. 2 Sale Prices 2 July 1 Ask Par Bid Ask Bid STOCKS (Continued) 2 Sale 3 H Sale 28,500 M«xlco-Ohlo Oil Co 1*4 Sale 3 Sale 244,100 Michigan Bumper Corp.....! 8*4 Sale Sale 176,100 Michigan Gaa ft Oil Corp.. 1 13*4 12*4 15 18,200 Mich Steel Tube Prod 2.00 1 1*4 86,100 Michigan Sugar com.. * 5*4 6*4 6,000 Preferred.. .....10 Sharer July July July July July 161 Petroleum— Class A rot trust ctfs .* Class B rot trust ctfs * Middle States 68,300 64,000 '«* 4*4 Sale 6*4 Sale 1 Sale Midland Oil Corp— 4,250 Product— dlv shares....* 5,100 S3 non-cum 7,645 Mid vale Co * 38,600 Mid-West Abraslre Co 50c 29,800 Mid-West Oil Co 10 76,600 Mining Corp of Can... 7,200 Minnesota Mln ft Mfg Co— 80 Minnesota P & L 7% pref.100 880 Miss River Power pref 100 26,010 Mock Judson Voehringer2.50 . 241,700 1,800 12,800 1,900 6,300 9,200 2,300 4IH 13 54 20 3*4 "§*4 "V" 16 18*4 152*4 Sale Montgomery Ward A Co A..* Montreal Lt Ht & Pow com..* 30*4 41*4 Sale" 37*4 * 45 44 171 40 7% A pref 100 51,000 Moore (Tom) Distillery Co..l 1,000 Mtge Bank of Col Am Shs 26,800 Mountain City Copper Co..5c 115,700 Mountain Producers Coro.10 176*4 ~"654 , 10J 6J '6*4 Sale" 100 Mountain States Pow com..* 360 Mountain Sts Tel A Tel—100 16*4 20 28*4 Sale 9 10*4 1*4 Sale 53 55*4 20 34*4 18*4 32 _ 15*4 Sale 1 400 03 conv preferred.. 50 8,000 National Container (Del)—1 94,700 National Fuel Gas • 15,400 Nat Manufacture A Stores..* 12,100 National Oil Products—...4 12*4 Sale "l2~~ Sale >4 Sale 3*4 3*4 12*4 800 , ' : 208,800 28,920 72,900 28,800 670 9,600 8,200 584,100 2,660 1,350 52 , .. 10*4 10" Sale 1 14*4 17 13*4 16*4 2 Sale 10*4 1*4 18*4 1*4 21 52 Sale 1*4:; 1H July ""4*4 5*4 22"" Sale 28 6 38 Apr. July 20 91 July 20 "30*4 Sale 116 5*4 , Sale 8*4 4*4 4*4 28*4 11*4 Sale 24 24 24*4 24 10*4 Sale 1*4 Sale 22*4 Sale 54 Sale Niagara Share Corp class B 5 Class A preferred.. ..100 13*4 NUes-Bement-Pond com... 44*4 50 2*4 Sale 11*4 Sale Nlplsslng Mines ........1 Noma Elec Corp com 1 1 3*4 Sale 56 preferred ......... Rayon cl A....* 8 2*4 Sale 41 North Amer 41 Class B common..........* 49 2 preferred..........50 Sale 42*4 Sale 50*4 2*4 5*4 6 % Sale Nor Amer Util Sec com.....* North Cent Texas Oil......5 North European Oil com 1 78 Norlnd Pub Ser 6% pref.. 100 8 37 8*4 Sale 28*4 Sale 35 9,575 Ohio Brass class B..........* 2,525 Ohio Edison 56 preferred...* 107 100 109 14,700 Ohio Oil 6% pref 2,840 Ohio Power 6% preferred. 100 480 Ohio Pub Serv 7% 1st pref 100 108 200 6% 1st pref .....100 ...5 12*4 3,400 Ollstocks Ltd common 13*4 81,300 Oklahoma Nut Gas com....15 31*4 53 preferred.............50 14,350 6% preferred..........100 1,550 110,200 Oldetyme Distillers.........! '"5*4 36 107*4 Sale 10 Sale 20*4 Sale 25 29 32*4 33 57*4 Sale 97*4 Sale 109 110 S"a"le Feb. 3 15 June 29 June 29 45 11*4 14*4 7*4 33*4 July June Apr. Jan. 3 18 July 21 14 28 r 7 10*4 May July 15 6 July 1 12*4 July 19*4 Jan. 25 7 13*4 Feb. Feb. 10 Jan 18 1 Mar. 16 Mar. 15 Jan. 11 Jan. 5 July 27 12*4 July 2 1*4 July 7 July July July July July July July July July July July July July July July July July 8*4 Feb. 16 Apr. Jan. 5 7 Feb. 25 Mar. 18 110*4 4*4 32*4 14*4 July 26 13*4 72*4 July 29 Sale 53 2*4 5*4 *4 Sale 96*4 103 k9 Sale 26 Sale 2*4 July 50*4 July 42*4 July 41 July 51 July 2** July 5*4 July *4 July 76 July 87*4 July 97 July 7*4 July 19*4 July 1*4 July - 2 2 1 14 19 21 1 14 7 16 7 2 9 27 25 July 15 32*4 32 July 19 111 June Jan. 12 15 Apr. 16 July July July Mar. Mar. Mar. June Feb. 8 4 13 June Mar. 10 Jan. 5 June Mar. 10 June Jan. : July July Mar, June Jan. June Mar. 31 7*4 June June i 4*4 July June 9*4 June 81*4 June 93 Feb. 65 July 98 Feb. May 1*4 Apr. 10*4 June 24 Apr. 4*4 July 58 July 51 July 49*4 July 51 July 2*4 July 5*4 July 26 2*4 June Va Juiy 80 July 89*4 July 1 7 8 - 30 9 97*4 July 10 July 27*4 July 27 2 July 27*4 July 33*4 July 2 _ 14 40 6 14 Mar. 8 Mar. 5 16 23 Feb. Jan Feb Feb. 3 1 3 May 26 Feb. 2 Feb. 24 Feb. Feb. Feb. 3 10 Apr. July 14 15 Feb. 3 ; Jan. 2 Jan. 13 Jan. 8 J- 50 1 June 35*4 Jan. 35 Jan. 49 *4 Jan. 2*4 May 5 Apr. *4 Jan. 76 July 87*4 Apr. 97 July 7*4 Jan. 16*4 June 1*4 June 25*4 Jan. 30*4 May July 31 Apr. 14 June 10 Jan. 30 Jan. 12 Jan. Jan. Feb. Jan. May 21 23 11 22 6 8 23 Feb. 10 Jan. 18 Feb. Jan. 3 8 15 Jan. 4 Feb. 9 Feb. 24 Feb. 9 Jan. Mar. 100 June Jan. 110*4 July 104*4 July 102 July 111 May 97 60*4 July July July 110*4 July 107 k July June June Apr. 13 12*4 13*4 13*4 12*4 Sale 13*4 13 30 27*4 28*4 29*4 97 101*4 100*4 105 3*4 Sale 3*4 3*4 5 June 9 23 31 20 7 Jan. Mar. 31 Feb. 4 May 2*4 July 6 May 15 12 Apr. June 110 £ 6 July 57*4 July 98*4.100 24 14 Jan. Jan. 95 3*4 Sale 55 56*4 49*4 Sale Jan. 15 28 27 13*4 July 21 Apr. 1 1 19 15 28 2 10 28 9 27 22 29 6 16 7 26 2 TW"26 2 July 30 % July 1*4 July 11*4 July 10 Jan. July July July 87 8 Feb. 7*4 July 21 July 7 July 23 7*4 July 1 7 May 10 12*4 July 22 15 July 12 1*4 July 7 12 Sale 14 Sale Sale 59 26 16 24 21 Mar. 9 Jan. 1 111 Mar. 31 Apr. 56*4 July 2 *4 July 8*4 July 25 32. 5 23 Feb. 44*4 Feb. 14*4 May 3*4 Jan. July July 6 51*4 July 2*4 July 27 7*4 July 29 51 5 Apr. Sale '98"" 165" 53 27 July 30 54*4 2*4 7*4 7*1 May 20 97*4 Mar. 39 July 27 "II"" July" 2 July July 23*4 July July 1*4 July July 105 July 105 July 53*4 July 51*4 July Sale ** 20 5*4 July 110*4 July 4*4 July "4*4 Sale" 28 July 28*4 31*4 11*4 July 14*4 Sale 83*4 July ; Feb. 10 28 Jan. 55*4 Feb. 4 28*4 Jan. 29 10*4 1*4 20*4 1*4 1H 6 51*4 2*4 Sale 51 12 Jan. 11 27 July 30 Apr. 8 Jan. 7 Ji Feb. 3 June 15*4 July *4 July 17*4 July 71*4 July 5*4 July 24 July 72 July 118 July 22 July 73*4 July 2*4 July 96*4 July 31 July 3*4 July 9*4 July July July 98*1 July 106*4 July 2 5 Jan. 19 Feb. 3 May 15 *4 12*4 84 76*4 July 26 1 5 49*4 1*4 lik 45 Feb. July 65 11 44 43 18 *4 7*4 29 June 17 1*4 June 28 12 14 110*4 9 51*4 Jan. 64 3*4 10*4 29*4 6*4 14 6*4 Apr. 28 14*4 35 110 15*4 July 27 75 J* 97 28*4 13*4 June 24 18*4 June 40 73*4 Sale 2*4 33*4 17 57 37 5 June 15 Sale 91 11*4 Apr. 6 May 28 4*4 Feb. 11 8 July 15 45 6 July 12*4 July 1 16*4 July 21 9*4 July 13 41 July 6 8 13 Feb. 25 Jan. 7 Jan. 14 Feb. 3 25 13 July 27 July 13 4*4 46*4 1*4 98 9*4 June 21 5*4 June 17 13 145 20 1 July 1 *4 July 14 4*4 July 2 53 ; July 8 52 5 3 7 16*4 16*4 43*4 45*4 12*4 Sale 15*4 15*4 7*4 8 38*4 41 i 14*4 Mar 43 June 16 4*4 Apr. 26 July July July July "7" Jufy"l5 72 68 Sale" June 14 3*4 May 25 7*4 June 26 34*4 June 17 29 May 19 31*4 June 15 42*4 Mar. 30 80*4 Mar. 10 July "15 July 1 July 30 July 21 July 12 July 22 July 15 Sale 2?* Sale" 8*4 Mar. 23 22 27*4 July 17 30 July 21 9*4 July 13 2*4 July 8 56*4 July 20 15*4 44*4 11*4 14*4 0 July 30 118 11*4 June 17 16 *4 Feb. 18 21 27 27 27 15 30 July 29 July 1 July 30 July July Jan. Mar. 2 90 Mar. 31 4*4 Jan. 20 109 19 July July July July July July 33*4 May 13 88 May 20 41 Sale 8* Sale 10 5 71 Jan. 2*4 June 29 9*4 June 17 2*4 June 14 3*4 July 15 39*4 July 16 91 July 21 114 July 1 13*4 July 28 91 ll"" "13*4 "II"" "12" 12 12*1 13*4 15 1*4 10 24,600 Northern Pipe Line 91,220 Nor States Power com A-.100 10,900 t Northern Tex El 6% pref.100 31,700 Northwest Engineering.. 17,000 Novadel Agene Corp....... 50 48 Sale 37 Class B warrants new .. ■ Sale 56 Sale 24*4 Sale 7% preferred ... 100 225 Northern N Y Utll 7% pfd.100 v 9*4 8*4 2 55 13*4 45 56 27*4 Sale 9*4 Sale Class A warrants new.... Prior 14 July 20 5%|2d preferred........100 5% 2d pref B 100 Nor Amer Lt A Pow com 10*4 July 15*4 28*4 8*4 1*4 52*4 19*4 29*4 72 % Sale 4*4 4 .— 80,400 8,600 96,628 ,v 325 44,840 99,600 68,200 15 17 Feb. 16 24 18 28 Feb. May 21 20 19 20 19*4 Sale 64 88*4 Sale 2.040 Nevada Calif Elec com—100 19*4 750 7% preferred .......100 6,700 New Bradford Oil 5 "4*4 1,100 New England Pow Assn com.* 3,300 6% preferred 100 640 New Entfl Tel A Tel Co...100 22" 34,100 New Haven Clock Co com—* 76,600 New Jersey Zinc 25 37,800 New Mexico A Aria Land 1 "4*4 43,100 Newmont Mining Corp 10 130 25*4 4,100 New Process Co common....* 5*4 4,600 N Y Auction Co common...* 1,800 NYC Omnibus warrants 7,275 N Y Hond Rosarlo M 10 '29*4 11,300 N Y Merchandise Co com..10 790 N Y Pr A Lt 56 pref * 1,390 7% preferred.........._10O N Y Shipbuilding Co 8*4 14,600 Founders shares ; 16,195 N Y Teleo 6)4% pref 1M 115*4 4*4 3,100 New York Transit.........-5 52 3,355 N Y Water Serv 6% pr«f_.10S 348,900 Niagara Hud Pow com.... .10 12,100 5% 1st pref.. ......100 150 5% 2d pref A 100 V Sale 15 8*4 Sale 37*4 41 Nat Power A Light— 450 46 44 20.850 $6 preferred ..—* 2,400 National Refining common 25 206,250 Nat Rubber Mach com * 208,500 National Service Co ..1 29,200 Conv partic preferred • 650 National Steel Car Ltd * 35,800 National Sugar Refg * 1,300 National Tea Co 5)4 % pref. 10 24,100 National Transit 12.50 163,500 National Union Radio com-.l 10.400 Navarro Oil Co —-—* 7,000 Nebel (Oscar) Co com—...* 230 Nebraska Power 7% pref..100 26,100 Nehi Corp com... —* 230 1st preferred * 15,30* Nelson (Herman) Corp .....5 13,700 Neptune Meter class A..... 8,400 Nestle Le Mur Co class A...* , 14 14 7 July July "7"* 200 National Candy Co com... 6,300 National City Lines com 13 Feb. Mar. 654 June 15 23 91 2,000 Nachman Sprlngfilied Corp.* 24,000 Nat Automative Fibres A...* 12,800 National Baking Co com—.1 410,600 Nat Bellas Hess com 1 10,120 Nat'l Bond A Share Corp...* 100 Nat Brewers 7% pref.. 25 Jan. 3 Sale 19 Jan. 18 4 10 14 4*4 May 19 Ji June 16 7 July 8*4 July 13 10*4 9*4 Sale 19*4 23*4 25 "4 3*4 4*4 "3 *4July "20 3*4 8*4 8*4 July 27 135 July 7 141 30 July 6 32*4 32*4 July 7 34*4 34*4 Sale 34 43*4 Juiy 8 45 44 46 j 43 176 186 195 4 3*4 July 30 3*4 Sale 3*4 4*4 4*1 July 21 10 July 26 12*4 16"" Sale 11 6 6*4 July 1 Sale 6*4 6*4 141 12,000 Murray Ohio Mfg Co....—* 150 Muskogee Co common—..— * 20 6% preferred ..100 : 3*4 *4 July 16 6*4 May 14 29 2 July 9*4 Sale 9*4 9*4 12 Sale" 13*4 12 10*4 Sale 12 Jan. 84*4 July 3 July July July July 89 109 Sale 114 4*4 Jan. 2 2*4 Jan. 14 11*4 June 14 9 38*4 July 39*4 39*4 42*4 ..... Molybdenum Corp .....1 Monarch Mach Tool Co com.* Monroe Loan Society cl A..* Montana Dakota Utilities..10 Moody's Investors Part pref 875 Moore Corp Ltd........... Sale Sale May 28 VA June 29 29 12 13 20 8 July July Juiy July July Sale 1. Highest Sale Prices 6*4 July 1*4 July July 7 10 24 22*4 Lowest Sale Prices 2*4 July 2*4 July 9*4 July 16 July 1 July 7 July 1 2 2 16 6 4*4 July Vi July 4*4 Sale 1 Sale 8*4 Sale 9 $2conv prof Midland Steel Highest Sale Prices Lowest July 31 Jitly 1 1937 Jan. 1 13 July 13 *4 July June 12*4 27*4 97 *4 3*4 July July July July 14 *4 July 32*4 July Apr. July July 105 3*4 July May June 29 Jan. July | Jan. 12 16 Feb. 9 13 Jan. Am, 1937] AGGREGATE In SALES July 11,800 Overseas Securities Go. T.300 ..... * 53.150 Pacific G Ac B 6% 1st pref..25 4,400 5H% 1st preferred......25 2,850 Pacific Ltd Corp ft pref • 520 Pacific P Ac L 7% prof 100 14,700 Pacific Public Service......* 2,100 1st preferred.............* 38,650 Pacific Tin special stock....* 700 250 • 100 3,400 "4", 400 25 Page-Hershey Tubes com—* 51,500 Pan Amer Airways com 10 100,700 Bid 550 "7# Sale 31# Sale 28 H Sale 28# Sale 26# 27 106 84 8# 23 ^ iv 600 350 2,750 Pender (D) Grocery cl A. 14»600 Class B 4,300 Peninsula Telep Go com. 240 ? , 800 7% 4,225 34,500 60 20 39# Sale 46 63# 64# Sate 4# 8# 3# Penn Mez Fuel July 31 7# July 21 4 July 23 21# July 23 27# July 1 36 July 16 3,800 H 1,240 , 20 1,725 1,150 35# 26# 1 common.. Pa Gas Ac Klec class A... Pa Pow Ac Lt $6 pref..... 10,905 $7 preferred 5,125 Pennsylvania Salt Mfg 36# 7# 7 8# 28# "~5 6# Sate Sale vtc_. .—1 200 Pa Edison Co IS pref.... 875 $2.80 preferred........ 600 40 28# 111* 12# 11# 16 # "13" r "13# "93# Sale" "l4# "16# Sale Sale "33# "35"" 2,100 Pharis Tire Ac Rubber 15,100 Philadelphia Go com 95 175 III"" Sale" H50 2# .... 900 150 1,600 800 ' 25 50 • 210,300 8,800 60,700 15,500 143,300 62,800 425 163,900 11,060 2,700 41,800 5,600 13,800 800 1,600 1,800 8,300 3,600 _. 10,700 840 1,000 7,400 1,000 1,500 Phoenix Securities 1 common. Conv preferred A........10 Pierce Governor Co com ._* Pines Wlnterfront Co ...1 Pioneer Gold Mines Ltd—..1 * 80 Pitts Metallurgical Co 4,000 6,300 100 60,200 115,500 3,300 Powdrell A Alexander com..5 Power Corp of Can com * 300 4,800 10,400 134,800 Premier Gold Mining Potrero Sugar com ........5 Pratt A Lambert l",300 7,200 248,500 24,600 x23 4 575 2,000 2,400 2# Sate 7# 7# Sale 10 12 88 89# 12# Sate 125"" 127# 123 Sate ix 48 1? lis 8# 36# 22# 2# 3# 8# 37 23 3# 3# •: 7# "19# Sale" "l9~" Sate' 7# Sale : 1!* IS 6 Sale 2 Sate 28# 9# 10 22# 30 35# Sale 32 22# 33 33# 2# Sate * Pressed Metals of Amer.....* 33 24"" "30" *33# Sale # ; # ' f 4t ft 34# Sale % 20 250 130 20 1,900 1,530 6% 1st preferred..... 7% 1st preferred... 15 50 250 Sate Com $60 par 125 80 stock....-60 6% preferred..........100 7% 480 370 July 21 July 6 July 9 39# July 13 25# July 7 3# July 14 4 July 1 7# July 26 July 7 # July 2 2 102 99 101 99 Sale 54 Sate "75" 75 78 85 85 78 July 15 July 14 July 17 July 14 July 12 July 9 2# July 9 10# July 22 22 July 14 July 20 9 1 1 July 10 July July 200 150 1,500 900 Pyle National Co common..5 ,42.100 Pyrene Mfg 10 110 3,320 Quaker Oats com.. 590 100 1,300 4% preferred.... 525 1,500 200 Rath Packing Co.... ..10 Raymond Concrete Pile— 31,175 Common.. 250 \ "48# Sale' 300 Sale 140 152 5,500 1,700 2,400 5,700 1,000 3,000 Reiter Foster Oil Corp 50 10 700 800 10,400 300 1,000 """850 800 6,500 300 5,400 12,400 300 Rice Stix Dry Goods Co.....* Richmond Radiator com....: 3,000 Voting trust ctfs 1 ; 650 Rochester G A E 6% pref. 100 10 Rochester Tel 6#% pref..100 Rolls-Royce Ltd— 800 Am dep rets ord reg £1 20,300 Roosevelt Field Inc 5 111,700 Root Petroleum Co com....l 3,600 $1.20 conv preferred.. 20 32,600 Rossia Internet Corp ......* 275 Royalite OU Co Ltd... • .714,000 Royal Typewriter com • 4,900 Russeks 228,400 Rustless 650 123,000 96,000 Fifth Ave Inc...2.50 Iron A Steel Corp..l pref .......* Ryan Gonsol Petroleum * Ryerson A Haynes Inc com.l $2.50 " 4 Sale Sate 10# 24 10# 19 July 26 28 114# May 17 1# May 10 15 6 July 19 Feb. 6 5# 1# 8# 18# July 29 June 28 1 July June 29 20 22 127 July 17# July 17 % July 95 July 24 2# July 12 35# July 21 74# July 23 23 Sate 25 11 1 July 31 July 2 19# July 14 July July ft ; 6 114 July 16 23 133 July 2 19 18# July 26 July 35 Sale 2 45# 14# 38 34 7# 16 39# 5# Sate 1 5# Sale 25# 5# 25# Sale 4# ft 2# Sale 1 n 12# Sale 5# Sale 81# Sale 4# 4# iig 10# 4# 6 39 48 July July 5# July 17# July 38# July 6 July July July July July July July 12 12 6 12 29 8 8 26 20 26 23 8 Jan. 30 4# Jan. 2 Feb. 13 35# Feb. 13 ft Jan. 25 # Mar. 12 # Feb. 10 June 15 17# Mar. 11 8# June 25 11# Jan. 10# June 29 14# Jan. 99 May 18 103 Jan. 98 106 June 39 June 14 25 8 105 109 Feb. 15 * Jan. 28 68# Jan. 23 41 Mar. 3 June 19# June 75 July May 98 Jan. 18 93 Feb. 119# Mar. 117# Apr. June 4 5 8 92 June 4 103 Feb. 5 100# Apr. 10 106# Jan. 27 1# May 24 26 June 30 63# June 29 20 8 Jan. Jan. 23 28 4# Jan. 12 60# Jan. Is 90# Jan. 8 25 Apr. 6 14# Feb. 26 109 June 1 124# Jan. xl25#Apr. 28 150 Jan. 17# July 19 25# Jan. 17 June 30 28 # May 13 # June 29 ft July July 21 July 8 July July July July July July 13 July 1 July 14 July 1 July 6 July 1 July 6 48 4# Jan. 12# Feb. 3 33# Feb. 11 12 30 17 .100# July 10# July 22 110# July 20 5# 10# Sale For footnotes see page 53. H 1 x38 24# Jan. 41 4 10 32 Jan. Jan. 2 49 27 53 2 Jan. 15 June 28 5# July 13 ft June 30 22# June 14 4# June 22 1# June 22 July June 18 17ft 15 6 9 Jan. Jan. Jan. Feb. Mar. 15 7 25 26 17 Mar. Mar. Feb. 3 9 1 July 12 46# Mar. 3 8" Feb. 19 1 32 5 2 13 7 Apr. 19 Mar. 1 Jan. 20 Feb. 16 Mar. 17 Feb. 9 ft July 27 # July 6 ft July 27 # July 6 97# July 28 97# July 28 97# July 28 104# Feb. 25 July 28 112 July 28 112 July 28 112 July 28 112 lifl Sate* 18# 18% 2# 6# 13# # > 3 Sale 13# ' # 91"" "95" 106# 115"" 12# Sale" conv 2",355 475 15 7 17 29 21 17 15 Jan. fc 85 Sanford Mills Co common..* 32,700 Savoy OU Co.. 5 34",566 35 Sale 40# 45 VaUey Gas Co— 4,600 500 Sale 5 Reybarn Go., Inc....... 1 Reynolds Invest com .......1 3,400 Safety Gar Heating Be Ltg_..* 93,400 St Anthony Gold Mining...1 11,300 St Lawrence Corp Ltd......* 1,550 A $2 conv pref ..50 883,900 St Regis Paper Co 5 5,550 7% preferred 100 12,500 Samson United Corp eom...l 3,300 Sale # Sale * Reliance El & Eng Co aIH 32^ Jan. 25 7# 6,600 29,200 80,600 27.400 99,800 25 Sale """# 33# 184,100 18 # * com 72# Sate 114 112# 112 133 130# 133 17 17 ...* Reed Roller Bit Co new.. Rio Grande 3,000 108 130 24# 41# Sale 5,500 Reeves (Daniel) 4 2 Feb. 3 Apr. 21 Feb. 1 16# Feb. 2 34 Mar. 31 15# Feb. 9 11# Mar. 2 40 Mar. 2 33# Feb. 23 3# Feb. 1 6# Jan. 5 9# Jan. 22 42# Apr. 21 27# Feb. 4 16# Mar. 17 16# June 7 47# Feb. 4 2# Jan. 11 19 Apr. 21 8 Feb. 9 6# July 26 ft July 15 15# July 30 30 1# July 27# July 64# July Sale Sal^ "8# T§# "16# "II 37,500 - 28 64# 5,500 $3 conv pref............ * 29,800 Raytheon Mfg, com.. 50c 55,800 Red Bank Oil Co 2,000 10,000 3,100 16 Jan. 7 7 8# July 20 33# July 31 ft July 6 Sale 5,700 Railway A Light Securities.* 3,700 Rys A Utll Invest cl A com. 43,300 Rainbow Luminous Prod A.* 64,500 Class B common... 2",600 July 30 Jan. June June June 40 June 17 June 86# June 12 June 77 112 94 103 23# 3,300 37 117# Apr. 121 100 10,000 Quebec Power Co. 95 51 11 41 100 Public Service of Oklahoma— 2,050 $7 part preferred ....* 36,530 Puget Sound P A L $6 pf * 10,395 $5 preferred * '. 23 Apr. 27 Jan. June 4# Mar. 13 28 8# July 6 13 79 4 June 21 June 3 June 22 Mar. 10 45 9# July 12# July 6 72 42# Mar. 6 17# Jan. 15 12 Jan. 19 30 35# 19# 2# 3# 31 Apr. 1 8# Feb. 11 5# Mar. 6 May 21 28 May 14 # May 28 Public Util Securities— 5,125 1,000 ig 111 31 6 preferred 6% prior lien pref......100 7% prior Hen pref......100 Jan. Mar. June 109 June 31# Mar. Feb. 17 10 June 28 June 19 2# July 7 100# July 7 100# July 2 106# July 26 107 July 43 July v 1 57# July 21 23 July 7 33# July 16 75 7 July 7 75 July 30# Sale 1 12# Feb. 17 30# Mar. 13 May 13 May 27 May 27 42 28 43 14 June 11 June 5 89 162 3 73 10 33 11 71 33 10 32# July 20 2# July 1 71# 87 65 33 12 82 8# July 17 11# July 26 114# July 26 "6# July'26 43 83 83 July July July July July July July July July July July 5# July ~29 2 July 7 8# July 20 July: 11# 100 650 77" July "24 121# July 6 33# July July 7# 9# 114# 31# 8# 7# 36# 21# 2# 3# 7# 9# Sate 12 12# 100 10,550 Public Serv of fnd pr pref..* 8,505 $4 preferred 1,400 Public Service of Nor 111....* 7 July July July 27 96# July 30 175 July 6 110# July Public Service of Colorado— „ 2 July Jan. May 27 109# May 8 5# July 2 3# June 16 33 13 91 # July 13# July # Sale 10] 98] 7 22# '22# 19 24 July 1 92# Sate 92# July 31 97# 14 14# 12# July 15 1 118 120# 118# July 30 134 1# Sate 1# July 17 1# 14# 15 15 July 19 15# 5# Producers Corp 1 # fPropper McCallum Hosiery 42,000 Mill- Co com ..__..* 52,900 Prosperity Co B common...* 13 14# 4,350 Providence Gas Co.........* 34,400 Prudential Investors com • 12# Sale 3,700 $0 preferred..—... ..* 100 104 3,100 4,300 Sate 2# Sale 8 34) 4) ...... 200 Prentice-Hall Inc " 6H 37 38# 20# Sale 3 3# 5 # Sale 10 Pittsburgh Plate Glass com 25 Pleasant Valley Wine Co 1 Plough, Inc— ....* 400 Pneumatic Scale Corp.. 10 1,400 Polaris Mining Co...... 25c ■i:i66 9# Sale 7# Sate 37# Sale 6* Pitney Bowes Postage Meter* Pitts A Lake Erie RR 79 '31# Sale" Pitts Bessemer Ac L E RR...50 Pittsburgh Forgings Co ""July 30# June 16 26 4 12# July 90# July 93# July 173 July 33 8# 10 7 9 "5# July" 73~" July" ..... 7# 8# July 8# July 3 76# Co—1 700 Phila Elec $5 dlv preferred.-* 550 Phlla El Pow 8% pref.. 25 26,100 Phillips Packing Go * 4,300 17,900 "90" "§!# 33 28# July 13 5# July 3# July 33 15 2,200 Penn Trafic Co .2.50 15,400 Pa Water Ac Power....... 15,350 Pepperell Mfg Go AH 3,150 Perfect Circle com...... T§56 5# ~ » 33 July 7 8# July 29 26# July 26 3# Sale Ill* :.:* Apr. 28 10# Feb. 26# June 28 32# Feb. 15 26# Mar. 18 29# Feb. 2 103 May 18 107# Jan. 28 65 June 11 89 Jan. 22 7 July 28 5 Apr. 29 8# Jan. 14 20# July 26 is** July 26 24# Jan. 5 46# July 27 38 May 11 54# Mar.'ll 101# Apr. 23 01# Apr. 23 69 July 6 59 Apr. 26 75# Jan. 14 8# July 15 5# Mar. 22 9# Jan. 2 4 July 23 July 23 6# Feb. 19 23# July 15 21# July 23 30 Jan. 18 30# July 7 25# June 28 30# July 7 48 July 22 29 Apr. 28 53 Feb. 3 # July 2 # July 26 # July 22 29# "30" 36 » JO 30# July 26# July 15 27# July 104# July 26 105 July Sale 29 27# Sale Apr. 28 7# July *8# July"l9 1 28# July 63# Sate 7# Sate 3# 5 Sale 9# Sale 5# m Highest Sale Prices 7 24 44# * ... I loo preferred 506,900 Pennroad Corp com ""*"75 , 6# 21# Lowest Sale Prices '7# July"! 7io Patchogue Plymouth Mills..* 100 : 6 Highest Sale Prices 10 "9# 7# 30# Sale 26# 27# 23 5# Sale 14,300 Parkersburg Rig & Reel Co.l 100 Lowest Sale Prices Ask Sale Sale 43# 6,900 Paramount Motors Corp....l 2,675 Parker Pen Co 10 • . 13,200 July 31 Ask Bid Bid Ask "sli "T" 1,197,200 Pantepec Oil of Venesuela,.l 100 July 1 1937 Shares STOCKS (Continued) Par 100 Oliver United Filters B— 6,400 RANGE SINCE JAN. 1 Price Jan. 2 Jan. 1 "2~,Ibo 47 PRICES IN JULY NEW YORK CURB EXCHANGE Since , Shares CURB EXCHANGE YORK NEW "4# Sale" }}$ 49# 5# 11 Sale 12# 19* 45 Sai* 11# Sale 4# 3# 4 Sate = 49 6 Sale 111# Sale •A ft 11 31 '9# Sale ,,ft 11# 34 7# Sale mm 8# Sale 4 "3# Sale" "4" Sale 27# July 15 2# July 20 7# July 19 13# July 2 # July 9 26 June 2# July 5 June 11# June # June Apr. 90 Jan. 12 July 10# June 46# June 4 Mar. 3# June 40 99# July "31 12 July 14 11# July 2 49# July 21 5# July 2 3# July 6 IIVA ft Sale "5# Sale" "5# Sa'le" 3# 27# July 21 2# July 28 6 July 1 13# July 2 ft July 7 July July 11# July 7# July 104# July 5# July lI5# July"l9 13 15 51 6 5 July 22 July 14 July 15 July 21 July 8 1 123# July 13 ft July 6 12# July 26 13 19 1 "§"" July "26 7 113# July 16 1 6# July 12 "3# July""! 4"" July "27 June 30 141 July 15 Feb. 3 Jan. 2 Jan. 5 Jan. 21 Mar. 1 July 19 Apr. 6 Jan. 19 July Apr. # Jan. 15# Apr. 38# Apr. 11# Apr. June 10 117# Jan. 5# May 14 6# Julyl 58 May 18 69 Feb. 3 Apr. 3 4# Jan. Apr. 20 Jan. 5 Jan. 18 June 29 15 Jan. 22 Mar. 2 6 27 6 6 6 25 i 10 25 CURB EXCHANGE NEW YORK 48 range since jan. 1 prices in july aggregate sales In Since July Price Jan. 2 1937 NEW YORK CURB EXCHANGE Jan. 1 1,400 4,400 3,300 35,450 22 Ask Schiff Co com Scovllto Mfg Co 44 200 Scranton Lace Co common--* 70 Sale Ask Ask Bid 20" Sale 41 Bid Poor STOCKS (CtmilawX) Share* Shares Lowest 975 3,800 19,200 16,100 220,400 136,950 144,100 6,400 37,750 35,920 100 13,600 6,500 250 16,300 1,000 2,450 2,420 1,300 800 25,000 11,500 1,400 4,250 170 4,100 32,700 15,800 247,400 302,900 27,900 38,600 1,950 1,335 Water Serv Securities 3)4 com—* common * 48 46 42 * Sale 97 26.800 6,200 210 2,100 """400 "6", 200 19,300 8,100 500 2,700 5,300 190 800 10 •8 «* —• Severalty Aircraft Corp—_—1 Shattuck Denn Mining 5 Sale* Sale 30 Power.* com--25 pref A A A—100 Shawinigan Water A Sherwin-Williams Co 1,000 1,600 4,700 4,100 1,400 67,900 100 3,300 48,600 4,900 15,400 7,600 2,900 30,500 17,900 8,800 96,000 7,800 """700 3,600 1,100 2.500 900 550 9.900 900 5,200 400 45,400 1,500 700 2,700 11,600 4,300 2,900 50 9,200 T.600 4,500 325 300 6,800 1,300 10,200 100 400 900 4,800 1,600 49*.500 700 8,300 825 41,400 703,900 20,800 10,200 50,000 45,500 199,300 10,050 55,500 51,350 138,500 24,200 4,600 462,000 10,700 261,100 4,250 10,800 47,400 3,400 1,050 2,000 200 Standard Silver Lead...—..1 Standard Steel Spring "m "w 43 44 9% Sterling Aluminum Prod- .1 -1 Sterling Brewers lnc .1 Sterling Inc... ...... Stetson (John B) Co com. Stlnnes (Hugo) Corp..... —5 * Stroock (S) A Co Inc.... £8tutz Motor Car Co — Sullivan Machinery Co... * Sunray Drug Co common -.1 1 Sunray Oil conv preferred— .50 Sunshine Mining Co...... 10c 5H% 2,200 1900 2,800 6,700 5,300 4,600 11)4 12 104)4 10554 5)4 Sale 534 Sale 63 6754 21 Sale % Sale 5)4 1)4 Sale li 5)4 5)4 5)4 6)4 2)4 3 9)4 Sale 42)4 Sale 45)4 10 46)4 24 3,900 800 —1 754 18" "1854 103 110 9)4 Sale 29 Sale 3 9)4 8 h a Sale4 lo"8 10)4 434 ^ 22 22 19)4 Sale 2034 Sale 1034 934 10 33)4 3434 36)4 100)4 103)4 103 3 34 234 Sale 3)4 43 28)4 40 18 15)4 17 j'a Sale 29 22 2 25)4 2)4 23 6 2 2 15 14 2 July July 9)4 July 42)4 July 3 2 July 20 9 )4 July 2 9)4 July % 19)4 2134 4)4 16)4 July 2 \ July 3)4 Sale Sale 7)4 5)4 5)4 9 July 22 7 July 1 July 2 July 2 41 July 1 19)4 July July July 7)4 Sale 5 18)4 "20" Sale 107 20 20 54 103 9)4 9)4 Sale 4)4 10 10 34 1054 554 Sale Sale July July July July At July 23)4 July 5)4 July 36 16 13 5 Sale Sale 234 2)4 2034 23 54 % 1934 2054 17% 1854 434 Sale Sale 4534 22)4 Sale Sale Sale 20 2634 19 1954 4)4 Sale 44)4 47 20)4 Sale 47 Sale Sale 13" Sale 38)4 2 Gold Mines...* Tenn El Pow 7% 1st pref..100 Texas P A L 7% pref 100 Texon OH A Land Co. 2 4)4 Sale Sale 6)4 Thew Shovel Coal Co com..* 1 Tishman Realty A Constr..* Tilo Roofing Inc 1234 Sale 954 10)4 TobaccoA Allied Stocks....* Exports......* Sale 11 13 14 Sale 117)4 Sale "3)4 "3)4 Am dep rets Am dep rets def IB 51 52 "254 Sale 9 11 —.. 33)4 34)4 8% July 554 July 4)4 July 234 2054 )4 18 July July July July July 1 15 1 23 28 28 1 10 "334 July ""I 41)4 July 1754 July 17 July 1 1 1 30,900 Ulen A Co 7)4 % pref 25 5% preferred—.—.—.25 8,500 14" Jan. 2 654 Apr. 21 113 4)4 Sale 5)4 Sale 7 8 64 Sale 3)4 Sale 7)4 16)4 234 7034 34 1 434 Sale 1034 Sale 1)4 Sale 8 9)4 16)4 Sale 6 28 1634 3)4 73 16)4 July 2% July 66 July 70 , 34 1 434 Sale 1034 11 154 134 8)4 10 21 21 2 July 26 July 28 1 654 July 934 July 28 22 Sale 22 72 68 72 68 554 Sale 9)4 10)4 ,634 Sale 9)4 1034 4 5 34 4)4 354 For footnotes see page 53* i Jan. 6 Jan. 4 7)4 Mar. 13 6)4 Feb. 20 11)4 Apr. 17 July July July July July July July 9 30 28 22 23 30 26 48 9 42 June 15 1 9 9 13 34 2234 2334 4)4 1934 44 34 20% May 28 Feb. 3)4 July 3k July May 13 19)4 July 22 2134 July June 17 4 15)4 Jan. 5 July 2 19 Apr. 29 41 2 June 16 3 36 June 1434 June 14 % Jan. 23 5 July "15 July 1 July 9 July 6 July 7 16)4 Feb. 4)4 June Feb. 1754 May 107 Feb. 8 May 11)4 July 15 6% July 7 554 July 8 1754 July 30 234 July 15 2254 July 13 54 July 8 2134 July 22 4 34 July 9 46)4 July 20 19% July 9 19)4 July 17 Apr. Jan. 15 Jan. Jan. Mar. 28 19 1 1)4 Mar. 2 1254 Apr. 7 454 Jan. 14 1 Jan. 23 22)4 May 11 27 Apr. 17 5)4 Jan. 5 21 May 7 63)4 Jan. 14 2054 Mar. 22 1354 Apr. Mar. Jan. Jan. -Jan. 6954 Jan. 25 Feb. % Feb. 36 Jan. 8 21 25 10 27 93 2 11 21 13 14 7 1 25 28 Mar. 30 Mar. 15 Feb. 11 Feb. 27 15 21)4 July 1 107 Feb. 20 Feb. 15 1 3954 Jan. 5 30 2 |354 6 1554 Mar. 17 8)4 June 15 554 July 15 2 434 Jan. 16 June 29 154 May 15 2054 July 28 )4 June 30 Feb. 23 18 July 10 4 15 May 354 May 18 Feb. Mar. 4 Feb. 26 Feb. Feb. Mar. Jan. 16 44 11 Mar. Feb. June 17 Apr. 27 Apr. 29 4 Jan. 8 July 98 98 2 8 2 7 15 Mar. 11 Jan. 25 Jan. 23 40)4 June 28 17% June 28 9)4 33)4 34 3)4 18% July July July July July July July July 3 8 Apr. 7 Feb. 11 July 22 July 8 Feb. Jan. Jan. 4 14 11 Mar. 12 June 17 June 29 June 21 9 June Feb. 16 434 July 63)4 July 101 May 1 May 20 Feb. 10 8 Jan. 4 Jan. Jan. 8 2 26 Mar. 9 Mar. 10 June 30 43)4 Jan. 25 2 12)4 Jan. 5 59)4 July 1434 July 8 July 64)4 July 4)4 July 7)4 July 28 Apr. 29 3 Apr. 26 Jan. Jan. 25 5 July 14 1654 July 21 254 July 21 51 Jan. 4 18)4 Jan. 65 1634 July 9 2)4 July 9 74 July 28 July 73)4 July 654 July 20 11 July 14 24 July July 35 10 2 June 18 June 17 93 ft 7 33 June 17 9 10234 June 2)4 June 17 2134 July 22 5)4 July 7 35)4 18 11 934 June 22 11)4 July 38 9 97% July 30 92)4 July 7 103 July 26 July 9 34 July )4 July 2 134 July )4 July 454 July 12 4 July 21 1 1234 July 8 10)4 July 1 134 July 20 134 July 24 23 Mar. 16 Jan. 19 Feb. 15 July 19 Mar. 10 28 Jan. 14 41)4 Jan. 4 834 Feb. 19 83 Mar. 2 60 Jan. 21 8% Mar. 25 42 Apr. 8 June 7 254 8% 534 2954 Apr. July June June July May July July 2 July 28 29% 5 1 July 8 67)4 July 8 104)4 July 6 July 6 July July 16 7 1334 July 7)4 July 28 1 64 July 1 3)4 July 13" '13)4 17 254 66 Jan. 7 June July 5 34 July 34 July 11)4 July 19 July 1 27 54 434 5334 .10334 534 52 Sale 1654 2)4 62)4 00 5 July "26 14" July "26 July 6 117)4 July 22 July 8 July 8 98 3 34 July J Sale 61)4 Sale 8)4 Sale 1134 11H 70 4)4 . 4)4 Sale 3 2 July 9 2954 Mar. 30 5 101 "l54 Sale" Feb. 7)4 Feb. 15 13)4 July 12 July Jan. 654 4)4 5% 434 534 July 2 334 July 7 July 6 July 21 July "2 21)4 1 107 July 9)4 Jul y 26 10% 3634 July 24 37 12)4 July 13 13 1034 July 33)4 July 73)4 Sale 112 6 28 Jan. 054 4)4 154 534 10 47 20 107 98 Sale 2154 Sale 554 Sale Teck Hughes 13" "1454 116 12 2 Jan. 2 July 7 10354 July 1 July 7 July 43 13 July 21 18)4 July 1 July 33 » July 7 8 6 July 2 4)4 July 23 17 3 254 25)4 24 11 16 35 5)4 July 634 July 9 2 July 28 834 July 30 534 July 19 27% July 13 25)4 July 13 37 July 30 554 July T" 65 July ; 155 July 5 9)4 Sale 36)4 34)1 103)4 103 2 Sale 33Sale* 5)4 "6)4 Sale 13 22 23 1 Jan. Feb. % 22)4 23)4 Sale 8)4 Sale m 23 26 28)4 Apr. 27 15" Sale" Technicolor Inc common-..* Common 1 183,600 Class A 33,250 86,400 Tung Sol Lamp Wks com... 1 80-cent div pref......... 28,800 1 12 1 21)4 July 22 7)4 37)4 134 —..* Tastyeast Inc class A new—1 Taylor Distilling Co 1 66,100 Tonopah Belmont Develop.. 1 1 38,600 Tonopah Mining of Nev 128,600 Trans-Lux Pict Screen com.l —10 48,800 Trans western Oil Co 74,360 Trl-Contlnental Corp Warr__ 900 100 June 3)4 June 1154 July 295 Apr. 28 ,, 454 Tublxe Chatillon Corp— 700 June 23 Mar. 31 254 Feb 1)4 Jan. 12)4 Mar. 6)4 Jan. 28)4 Feb. 3354 Feb. 154)4 Mar. 114 Jan. % May 25 * 600 Trunx Pork Stores Inc......* 2,300 3)4 July 21 1534 Apr. 28 2534 Apr. 29 9 534 July 1 )4 July 8 Sale 6)4 July Sale 5 July A 54 4 34 26)4 July 27)4 Sale 26] 25)4 25)4 25)4 July 24] 35)4 July 5)4 July 6)4 4)4 6)4 "~5 ")4 65 July 162* 168" 15434 July 5)4 5)4 Sale 1)4 Sale 22)4 37 34 Sale July 5)4 July 410 30 154 Jan. 11 34 Apr. 29 8)4 May 17 1 6)4 470 Toledo Edison 4% pref.-100 7% preferred A........100 70 July 90)4 July 9234 July 8 454 Sale Sa"le~ July 5)4 21 19)4 13 '2" July"9 * ord reg shs.-XI reg—....6s 13,700 Todd Shipyards Corp.......* 2,600 1,500 600 22 34 July 30 Jan. Jan. Jan. 16 14 21 Feb. 1 Mar. 31 30 Jan. 6 4)4 Jan. 26 28)4 Mar. 1 101)4 Mar. 4 104 June 7 15| June 118 108 24 Mar. K 64)4 May 26 7834 534 50)4 4)4 9)4 554 June May 234 June 10 12 15 354 July 11)4 July 29934 JuJy Tobacco Secur Trust Co Ltd 600 2 June 22 27 19 22 22 454 July 1 23 13)4 July July 2 303 11)4 Sale 4 Sale 6 3* Tampa Electric Co Tobacco Prod 19 55 6 2)4 June 44)4 May 54 July 9 34 July 2 9 July 9 8)4 July 1 334 July 14 3)4 July 21 17 7 July 19 1854 July 27J4 July 16 29)4 July 31 123)4 July 1 14054 July 16 July 15 108)4 July 22 110 11)4 Sale 1 com 2 1 % July 30 34 Co—* Standard Tube class B 201,425 Taggart Corp 300 100 1 Standard Products Co .... 15,600 58,300 149,300 144,760 87,400 1,000 1,140 62,100 33,200 64,150 6,700 1,975 100 — .... .15 5,200 Swan-Finch Oil Corp 12,850 Swiss-American Blec pref. 100 100 25 Syracuse Ltg 6% pref— 25 5)4 So West Pa Pine Lines Superior Port Cem B com 50 $3.30 class A part-.-. 3,550 6,200 32,600 7,000 Co—5 —25 50 Spanish & General Corp Ltd Am dep rets ord reg shs—£1 Am dep rets ord bear—1£ Spencer Chain Stores * Stahl-Meyer Inc com... • Standard Brewing Co......* Standard Cap & Seal com—1 Conv preferred 10 Standard Dredging com-...* Conv preferred-—* Stand Invest $5)4 pref w w—* Standard Oil (Kentucky).. 10 Southland Royalty South Penn Oil Preferred 17)4 Sale 27)4 29)4 Sale 123)4 Sale 133)4 Sale 24 5 com—* Standard Wholesale Phos¬ 1,350 phate A Acid Works—...20 126,000 Starrett (The) Corp v t c..l * 50 Steel Co of Can Ltd ord —* 3,400 Stein (A) A Co com 30 6)4% preferred——100 69,100 Sterchl Bros Stores Inc....-* 1st preferred—.........50 2,935 2d preferred............20 4,700 ""'loo 9,800 1,700 3,900 Line-.—10 10,000 Standard Oil (Nebraska)—25 81,800 Standard Oil (Ohio) com. .25 5% pref 100 1,825 462,900 Standard Power A Lt com.. 1 Class B common * 31,300 4,100 29 29 ~ 31 50 7% preferred ——100 110 South New Engl Telep Co-100 Southern Union Gas Sale Sale 3)4 Sale 6,200 Simplicity Pattern Co --1 Sale 2,163 Singer Mfg Co------——100 370 Singer Mfg Ltd———-554 6 Am dep rets ord reg shs— £1 6,500 150 Sioux City G & E 7% pref.100 400 Skinner Organ Co 1,025 Smith (Howard) Paper Co—* 15,300 Solar Mfg Co 1 Sale 109,100 Sonotone Corp———-1 28,700 S088 Mfg Co — 1 500 South Coast Corp com 1 28 281 19,900 Sou Calif Edison pref B 25 25 28] 17,500 5)4% pref class C—— 25 2,020 5% original pref —25 5% 5)4 8,100 Southern Colo Pow cl A--25 Southern Pipe 9234 July 2)4 Sale 21)4 23 93)4 95 96)4 Sale 30 H Sale Pipe Line stamped——25 Simmons-Boardman Pub 10,300 38,600 112,400 27,750 1,650 23)4 July 2)4 July 22 July 90)4 July July July 2 July 6 July 25 July 3 July 22 July 95 July 97)4 July July Can—* Corp conv pref —46,600 Simmons H'ware & Paint Co * 30 94)4 % Sale 3 * 300 "5,606 24)4 93 90)4 92)4 Sale 6 45 July 28 2)4 July . 19 July 6 2 July 6 July 47 2 6)4 "2)4 Sale" , 42 37)4 July 20 45 3 s *1 Shreveport Eldorado 100 . Ltd— Seton Leather com 5% cum 3 45 1 Sale 6 20 Control——1 Sherwin-Williams of 3 48)4 2)4 2 97"" Sale" Allotment certificates Sentry Safety 50 "354 Sale' Industries1 stock———5 Selfridge Prov Stores, American dep rets 47 41 45 Highest Sale Prices 26 May 2l \ 2134 June 23 38% May 13 22)4 July 12 July 27 44 July 2 21h July ,16 July 1 July 6 21 41 ,45 45 654 Sale Convertible $5.50 prior stock 3)4 2 54 Sale Segal Lock A Hardware com 1 Selberllng Rubber com * Selby Shoe Co com -* Selected Sale Prices 33 $6 pref Corp Gen'l Seaman Bros Lowest Sale Prices 451 Scmnton-Spring Brook 125 500 Highest Sale Prices July 31 July 1 Bid 8 3 74 9 Fe>. 26 July 28 Feb. 18 92)4 July 9 105 Mar. 18 99 June 26 115 56 Jan. 25 % Jan. 16 2 Feb. 26 % June 17 4 June 28 5)4 Feb. 26 13)4 Apr. 6 1054 July 3 Jan. 22 1)4 June 8 9)4 Mar. 4 8 May 27 _ 1554 Jan. 4 Jan. 4 4)4 June 14 9)4 July 28 60 354 May 14 3)4 June 7 3154 Feb. 17 86 00 May 8 HB Feb. Feb. 9)4 Feb. 6)4 Feb. 1 1 Aug., 1937] NEW CURB EXCHANGE YORK AGGREGATE PRICES IN JULY in July new york curb exchange Since Jan. 2 STOCKS(Concluded.) < 21,200 Union Gas of Canada ; ; 1,000 v 13K 23,000 Lowest 2 10 Lowest Sale Prices Sale Prices 2 July 19 2** July 1 135* July 10** July 11 - Highest Sale Prices Ask ~13K "155* "16" 200 Union Investment Co com..* ioo Union Oil of Calif rights... " V '50 'i ■ 4 3** July 31 Ask Bid 2 K Sale IK Bid 1654 Sale .—.. • 200 Ask Bid 31,000 Unexcelled Mfg Co Inc.... TO 170 Union Elec of Mo 7% pref.100 "¥,306 July 1 1937 Soares RANGE SINCE JAN. 1 Price Jan. 1 Shares 1,000 49 2 17 15 K July 30 2 112 20,600 100 Common 17** 1»K 20 20% 13 17** June 21 30*4 Mar. 9** July 20 47 July 19 1** July 23 19** July 7K 20** Sale 400 m 52 8 8J4 7** July 47 July K July 11,400 3,700 11,400 42,000 207,500 r'42,406 13,500 300 / pref ..._* : ""§*4 Sale 14,800 6** June 17 47 July 19 13 k Feb. 21 2 July . 50 Sale 28** 62** 32** i U S Radiator 7% 6** Sale 50 Sale 30 80 28 31 66 U S Rubber Reclaiming....* 6,020 10,000 2,850 8,800 5,650 10,635 4,500 1,400 150 7K 7K 1,200 200 950 900 110 7% 325 com 8** 754 July 22 July 19 6 IK July 9** July 29 10 K mm 3,675 Priority Stock .....* 38,400 Utility 8c Ind Corp com.....* Conv preferred 77,700 ......* 231,000 {UtU Pow 8c Light com......] 16,000 Class B common.......... 1 1,100 3,500 21,500 300 7% preferred ; V 55,700 2,200 33,600 Valspar Corp " 650 • 600 4,100 13,700 : * 50 1,800 1,100 1,400 100 Sale 89 *6 Sale 5*4 July 2** July 1 85** July 39 July 12** July 11K July IK July 81** July 2** July 26 ' July 7** July 5K July 5* July 5** July 17 13** "14" 11k Sale 1 % Sale Sips ~~7K 80 25** 26** 7*4 Sale Bale 13 K 13 85 80 2** Sale 16 H Sale 26 6 Sale 1 * K Sale 4K Sale 11** 14 4 14** 12 K 18** 6 Sale 2% 85 25* 2K ?/ 9 27K 10.** Sale X a Sale 3 4 Sale 16 4 18** 65* 24 60 3J* *89 AK 4 87 87 IK Sal 4K Sal IK Sale 3 V 3K 24 Sale 4** 4K 71 75 45* Sale 73 75** X mk 2$ 2k 3 « 2% Sale 2$ 15 Sale 20** 6 65* 58 605* 6** Sale 62 21 7 K Sale 2 95 Sale 1454 Sale 6*4 5K 245* 24** 26 6** Sale 1*1 Sale ......... "105* 7K 4K Sale 6** Sale 1*1 Sale Sale . 21** 12" 4K 5 15** 20 5** 6** 19** Sale ... """600 200 5,500 4,000 1,700 1,900 7,400 1,300 11 "l5* ""25* 12 Sale 2 "3 4" ~ 25* 25* 7 Vi. 10 K Sale 9 I* if* 10 K " Sale 660 7% 1st preferred ...100 Common.... ♦ 900 300 24 27 25** 1,000 2 29 22 1 8 , 247 2 9** 654 8lH ilH 13 K 825% <&V* 2 28 1 10K 1 7 1 30 22 8*4 7 4* 11* 1 4K 6 2 22 20 27 9 9 6 6 27 27 21 9 6 64** 3** 94** 55* 76** 1 4 2 19 2 6** July 26 July 7 24** July 2 6K July 23 IK July 1 84** July 7 11 July 6 5 July 7 19*4 July 31 95** July 17 July "21 1 *4 July 8 2K July 1 7 July 1 754 July 16 85* July 29 4K July 26 8 July 27 254 26** July July July July July July July July July July July July July July July July, July July 5 12** Sale .* 250 56,900 906,000 44,500 654 t Wll-Low Cafeterias com._.l Convertible preferred....* 75* July 7*4 July 5* July *1 3 15 1554 4 20 Wilson Jones Co com...... Wisconsin PAL - 7*J % V 21 21 15 15** 15 3" 3 Sale 155* Woodley Petroleum Corp 1 Woolworth (F W) Ltd— Am dep rets ord shs new 5s. /; 13,000 Am dep rets pref 1,300 £1 300,500 Wrlgbt-Hargreaves Ltd.....* 53,600 Youngstown Steel Door... 225,100 Yukon Gold Co 8 1 3 July 20*4 July 15 22 8 6 13 13 July 23 * 5 13 9 2254 77 K July 5 13. Sale 23K it] 9 18 4 4K July 13 K July 9** July 13 9** Sale 18 July ~754 Sale -5KSaIe "5 K "July" 66 5 63 K 65** 2% Sale 65) 2) 2K 67 3 10 11 July July July July July July July July July July July July July July July July July July June 8 45 May 6 75 5k Jan. 19 27 29 14 14 23 28 6 14 10 23 26 22 12 !45 1*4 9** 5*4 2*4 84 80 6K July 13 65 July 10 2654 July 9 7 July 14 2 July ~ 90 July 23 14** July 20 June 21 2*4 June 30 June 23 6*4 5K % 45* June 30 1 July June 11 June 11 K 3*4 3** 1254 July 22 6 Jan. June 14 30 Jan. 9 6 26 9 8 19 6 July July 29 1 July May 21 Mar. 23 25 8 7 12 4 37** Apr. 28 12** July 21 10 k June 25 ik July 29 7 2 12 7 21 15 15 12 23 20 6 9 11 June 4 June 16 15*4 May 654 July 23** Apr. 5654 June 254 Feb. 89 July 4** June 71** June k June 2k June j* June 2k July > 5 27 28 18 3 27 15 22 16 17 3 19 9 July 16 7954 4** 12** 9*4 July July 29 13 6 854 Apr. 6 July 19 1k Feb. 15 547 12 Mar. 10 7** May 18 4k Jan. 28 96*4 Jan. 28 47*4 Jan. 26 14** June 18 18*4 Feb. 5 3 Mar. 8 9354 Jan. 26 4k Mar. 13 3454 Feb. 23 16 Mar. 11 Mar. 10 14 1*4 Jan. 18** Jan. 1*4 Feb. 5 Feb. 23 4*1 6 18 Jan. July 8*4 Apr. 22** Jan. 19 Jan. 35 k Feb. 80*4 Jan. 454 Apr. 103** Feb. 6 Jan. 8954 Jan. 2 Jan. 6*4 Feb. IK Jan 3k Mar. 28*4 j n. 28 21 9. 2 18 18 28 10 4 9 16 25 3 16 18 Apr. 28 10** Feb. 15 Mar. 22 June 29 73 33 Feb. 28 16 Apr. 15 Apr. 154 Jan. 83** June Feb. 5 Jan. 25 Jan. 12 Feb. 3 July Apr. July 11 3 9*4 6 354 1 loo June 21 18** July 17 Jan. Jan. Jan. Feb. Feb. Apr. 29 23 25 23 Jan. May July June Jan. Mar. July July July Jan. 19 5 Mar. Mar. Jan. Mar. Mar. 13 117 31 6 Apr. 21 62 Apr. 6 8** July 8 32 76j* 3** 1154 754 July 6 June 22 July 20 Feb. 16 95** Mar. 6 June 15 13*4 Mar. 23 76 5 Apr. 13 June 98 30 Feb. 15 K July July "29 July 6 July 14 July 13 12 12 6 3 20 77 K 454 145* 10 5* 18 18 11 9 Jan. Feb. Feo. 55 23 6 July 21 July 13 July 13 July 7 9 July 19 ** July 6 354 July 9 23** July 23 23 Jan. Jan. 5 28 16 25 18 June 17 July July July July 29 July 2 10 K July 12 554 July 9K July 28 Feb. Jan. Jan. 12 554 July 23 20 July 9 95*4 July 17 9954 July Jan. 13 Mar. 3 ** Jan. 75*1 25 6 7% pref.100 Wolverine Port Cement....10 Wolverine Tube Co com....2 2 til 14 13 k 18 l24 16 3k 9 94 14 115* 28 115* July 20 8*1 7 Williams Oil-O-Matic Htg...* Inc 28 6 1 Weyenberg Shoe Mfg Co Williams (RC)«c Co June 6 19 52** May 28 3 3354 June 14 27 27 3K Sale - 5,800 11,800 2 21 60 8** July ..* 200 Winnipeg Electric class B 17,200 K 2K ** 2K 145* 86 preferred.............* W Va Coal 8c Coke com 7,700 Wilson Products 10 75 9954 July 29 K Sale West Texas Utilities Co— 1,690 108.200 1,600 2,100 18.000 38,200 15,100 3,300 1,400 May 154 June 89** June 4k June 16"" "15" 10 West Jersey & Seashore RR 50 225 Westmoreland Coal Co * 3,400 1,000 1,300 2,500 1,800 108 14 Mar. Feb. Feb. Western Tablet 8c Stationery 150 7** June Western Maryland Ry— 3,210 100 4K July July July July July July July July July July July July July July July July July July 1 "7** 7*| 8** I jf Sale* 2K Sale . 10 1,100 4,000 1,600 K 35* 3% 16** K Sale Sale 16 Sale 20 k 10 4 21*1 Sale' IK 10 •m 3 14 Sale Sale Sale 5k Sale vtc common..1 Vtc conv pref 3,700 ...5 8,200 Van Norman Mach Tool com 5 50,200 Venezuela Mexico Oil......10 378,600 Venezuelan Petroleum 1 660 Virginia Pub Serv 7% pref 100 13,500 Vogt Mfg Corp........... 12,300 Waco Aircraft Co ...» 13,300 Wagner Baking com v t c— 10 7% preferred 100 600 Wahl (The) Co common....* 3,900 Waltt 8c Bond Inc class A..* Class B. 5,400 127,300 Walker Mining I 16,200 Wayne Knitting Mills ...5 9,300 Weisbaum Bros-Brower Co. 1 43,500 Wellington Oil Co common. _1 49,100 Wentworth Mfg Co 1.25 50,400 Western Air Express Corp._l 400 Western Cartridge 4% pf.100 4,200 Western Grocery com.....20 10 8** 12 K 5 *4 Sale 2K Sale 14 ""2K 100 .._....* 7K July 27 5454 July 26 30 July 30 Mar. 21 Apr. 12 55 Universal Products Co * Utah Pr & Lt $7 pref ♦ Utah Radio Prod com......* 69.000 Utility Equities , 31 24 "7 K'July "24 5K July 554 July 385* July 25 July WM ~l% Sale" "IK "IK Corp com........* S7 Conv 1st pref........—* 450 Utica Gas & Elec 7% pf 6.300 115** July 2** July 247 U S Stores Universal Consol Oil Co 10 Universal Corp v t c -.1 Universal Insurance .....8 Universal Pictures com 1 "II** Jufy"§I 80 68 68 1 com new Stores Corp com vtc * 256.000 United Verde Extension. .50c 460,300 United Wall Paper ....2 600 - 2 July July July 113 7** Sale" 6 24 6*4 40,200 United 19,700 15,000 17,400 61 5K U S Lines Inc pref .._* U S Playing Card com..... 10 :v.; 3,250 2,100 ' 115** Sale 2*| Sale 8K 1854 Jan. 10** July 54 June 26 £11 " 8*4 Sale United Molasses Co Ltd— Am dep rets for ord reg 85,900 6,600 12,000 108,100 v'V 65,200 780 2,700 IK -".20 United N J RR & Canal..100 2,400 1,200 2,400 2,200 1,700 900 6,100 3,725 50 "II"** Sale" Sale 4,200 4,800 9,200 •' Sale 115 Sale ... 14,600 Unit Profit Sharing com....* 400 Preferred... ..........10 ■f 4.700 United Shipyards class A 1 144,900 Class B_ 1 23,875 United Shoe Mach com.__.35 5,660 Preferred... 25 3,700 United Specialties common. 1 172,400 U S Foil class B * 37,400 USA Internat Sec com....* 20,800 1st preferred with wait...* 100 120 2K Sale 10 3,800 non-vot 48 IK 8K Sale Sale Sale 579,800 United Lt 8c Power com A.. 17,400 Common class B.. 117,900 $6 1st pref ......* 1,850 United Milk Products com..* V 600 S3 preferred ....* < 1,700 $7 1st l6~" ....1 common Warrants.. 460 United G&R 7% pref... 100 > 800 United Gas 50** IK IK ... 1,544,900 10** 60 50 $3 cum partic pref_. ......* 81,400 United Corp warrants 100 United Elastic Corp.. 121",166 ' 8** ........ May 85 10** July 14 United Chemicals Inc— 400 ' June 13 5* June 17 10*4 July 17 ** Apr. 12 85 Mar. 24 Union Stk Yds of Omaha.100 United Airraft 8c Transp— Warrantsc ..... Highest Sale Prices 7 4 *4 Jan. 7 3 114 K Feb. 23 k June 19 Apr. 22 June 15 Jan. 8 June 14 4k July 13 125* June 29 8*4 May 19 16 19 11 Feb. 3 Apr. 6 June 10 62 9 5 554 Mar. 17 14 June 1 9*4 July 7 12*4 Feb. 2 1k Jan. 26 9** Jan 25 24 May 13 16k May 21 10 Jan. 18 95 Jan. 8 8*4 Feb. 1 185* Feb. 10 12** Jan. 15 18 K July 23 18 6 July 19 July 1 Apr. 7 6 k June 15 23** Jan. 7 654 Apr. 7 8** Jan. 16 July 31 July 23 61** Apr. 29 25* June 28 80** Mar. 10 454 Mar. 11 6K 74] 3J BONDS 1,000 131,000 31,000 147,000 121,000 160,000 326,000 63,000 303",000 322,900 28,000 264,000 11,000 147,000 8,000 49,000 97,000 268,000 196,000 28,000 Abbott's Dairy 6a. 2,199,000 Alabama Power 4H*. 1st 8c ft 5s 317,000 5s 1,031,000 1st Be 687,000 950,000 1,631,000 s 3,707,000 218,000 1,494,000 1946 108 1948 Amer Gas 8c Elec deb 5s ..2028 107** 106 102 104) 1948 103) 127,000 Appalachian Power 6s...2024 5s. 189,000 1941 see page 103** July 78** July 94 July Sale 84** July 1015* 101 July 98 95** July Sale 103*4 July Sale 1065* July Sale Sale 96** 94** Sale Sale 108** Sale Sale 107 1948 Deb 5s called.. 2028 American Power 8c Light 6s 2016 Amer Radiator dab 4His.. 1947 1,441,000 Ark Louisiana Gas 4s 2,137,000 Arkansas Pr 8c Lt 5s 2,124,000 Associated Elec 4V4a 105 105 104** Sale 106 106** 106** Sale 1956 Amer Rolling Mill 5s 146.000 American Seating 6s stpd 1946 1,074,000 Appalachian El Pr 5s 1956 For footnotes 104** 1968 1947 f deb 5s .1952 662,000 Aluminium Ltd 5s..... 5s called 19,000 2,357,000 4,000 104 92 K Sale 103K 104** 97 54 Sale 1951 1st Aref 5s Aluminum Co ..1942 105 104! 119 108 1951 1015 1956 104) 645 1953 108** 102 Sale Sale July July July July 104 July 98*4 July 106 July 107*4 July 102 Jan. 76** May 92*4 June 83 May May If* June July i8t* Apr. Apr. ' Jan. Jan. 5 14 0 Jan. Jan. 11 13 Jan. 2 May 22 June 22 87** Sale 105K 106 102K Sale 103*| Sale 106K Sale 114 109** 1U 1005* Sale 94** Sale 51 Sale 107** 92 Sale" Sale 10554 107 103 Sale 106** 1045* 105** 105 113 10654 10154 99** 52** 115 107 102*4 Sate Sale 10654 July 22 108 93 106 July July July 103 July 10554 July 107 July 114 July 109 July 101 July 99 July 54 July 9 30 6 2 27 6 15 7 24 30 9 105 105 June Mar. June 105 Sale" 107** Sale Sale Sale Sale Sale Sale 104 J* Sale 103** 84*4 97*4 90** Mar. Jan. 2 jan. 8 85 June 16 103 Jan. 12 102 Mar. 25 103 June 16 5 104** Jan. 109 Mar. 22 106 Mar. 22 98 k Apr. 9 93*4 June 30 47 June 17 May 6 8 July 6 Jan. Mar. 9 5 May 10 Jan. 2 June 28 Jan. Jan Jan. 16 21 7 53. \ NEW YORK CURB EXCHANGE 50 RANGE SINCE JAN. 1 PRICES IN JULY sales aggregate Price NEW YORK CURB EXCHANGE _ In Since July Jan. 2 Jan. 1 % 1*23,000 2,000 228,000 Assoc 1,972,000 Bid (Continued) BONDS 4,000 Registered ----528,000 SHs Inf ctfs J988 1,000 5HI" In* ctfrreg 2,269,000 4Vis series C 1949 5 His 169,000 1977 1,842,000 C*nv deb 5s 1950 686,000 Assoc Tel 8c Tel 5H" A ...1955 211,000 Atlanta Gas Light 4%ii--1955 34,566 177,666 12,000 197,000 53,000 20,000 t Baldwin 61H Sale 77 78% 56 Sale 66 68 103 112 65,000 343,000 144,000 453,000 181,000 448,000 4,052.000 1,277,000 2,527,000 1,310,000 70,000 8,000 458,000 34,000 17,000 350,000 171 Sale 166 152H 155 153 Sale 115 Sale Sale 5s ser D..1957 Lt 5s——1956 Cent States Elec 5s 1948 Central Power Central Pow 8c 1954 series A Lt 5%«-1953 123 123% 124 141 145 98 % 85 Sale 87 98% 105 99% 107 14,000 30,000 54,000 61,000 30,000 26,000 V 875,666 204",666 46,000 378,000 110",665 188,000 205,000 879,000 256,000 187,000 453,000 1,000 8,507,000 1,000 1,244,000 268,000 3,478,000 1,000 1,512,000 58 5s.———1950 Registered Cities Service Gas 5 Hi 5 Hi gold 214,000 2761000 218,000 324,000 245,000 266,000 2,625,000 95,000 1,299,000 " 21/000 45,000 88,000 61,000 5s series "9,656 2,000 Sale 55% Sale 105% 104% Sale Sale 104 78% Sale 81 79H Sale > 30,000 4,000 105,000 47,000 26,000 24,000 13,000 25,000 377,000 196,000 263,000 11,000 18,000 106,000 228,000 1,000 10,000 12,000 91",655 C 10,000 34,000 56,000 1,000 294,000 110% 111% 106% Sale 1944 5s...... 1956 6s 1941 315,000 6s series B ...1941 303,000 171,000 Gen Bronze conv deb 6s. 1940 82,000 Gen Pub Serv Co 5s.....1953 843,000 Gen Pub Utilities 6 Hi A..1956 63,000 ♦Gen Rayon Ltd 6s A....1948 13,000 {♦Gen Vending Corp 6s—1937 i 575,000 52,000 22,000 172,000 1,000 72,000 2,000 8,000 27,000 10,000 730,000 3,748,000 401,000 68,000 2,160,000 383,000 669,000 23,000 233,000 91,000 33,000 5s ext stamped Gatlneau Power ♦Ctfs of deposit..... 291,000 75,566 Gen Wat Wks & El 5s A..1943 Georgia Power ref 5s "94% Sale" 102% 103% 96% 99 78% 81 Gobel (Adolf) deb4Hi —1941 Grand Trunk West Ry 4s 1950 Great North Pow 5s stpd 1950 91 91% 101% 102% 102% 103% 104 94 Sale 95 100% Sale Sale Sale 101% 99% 100 100 100% 104 105 95% Sale 68 70% 24 28 24 26% 94 95 101 103 101 ... 34 86% Sale 85 88 104 104% 107% 109 Guantanamo At W Ry 1945 60.1958 87% 90 58 61 68 Grocery Store Prod 6s 70% Guardian Investors Corp— For footnotes see page 53. Sale 97% Juy 97% 71% Sale 1 27 73% July 2 27 July 101% 101% 101 63% July 68% Sale 64 68% Sale Jan. Mar. 8 104 72 97% 73 Sale 107% Sale" 119% 121 74 99% 1.24 106% 120% Sale Sale 81 Sale 103% Sale 100 55 102 Jan. 20 May 18 114% Jan. June 24 105% Jan. 111% Feb. 25 113% July 94% Mar. 18 104% Jan. Jan. 100 Mar. 24 105 98 Mar. 19 104% Jan. 93 May 14 103 % Jan. 98 Apr. 1 104% Jan. 12 11 B 20 25 Feb. Jan. 3 18 101 108 73% , 76% July 2 Mar. 16 94 89 99 46% June 16 72% Jan. 7 June 17 72% Jan. 50% June 12 75% Jan. 8 23 46 Apr. 13 100 Jan. 9 23 23 17 6 10 June 17 110 104 84 Jan. Jan. Jan. 12 14 82 Jan. June 23 70 June 23 65% June 17 83 80 Jan. 8 Feb. 4 Mar. 101% July 62% June 92 July 96 July 68 70 7 July 6 99 July Sale 104% Sale Sale 98 Sale 104% 105 101% 102% 104 93 Sale 98 Sale 84% Sale 90 Sale 70 Sale 72% 104 Sale 71 105 94 104% 105 80 U; 94 97 Sale 101% Sale 101% Sale 103 101% Sale Sale 93 ,91t 103% 100 83% Sale 83% Sale 7£ 20 22 85% Sale 92 Sale Sale 70 74 15% 19% 15% 19 87% 88% 96% Sale 72% Sale 29 1 6 89% July 10 July 23 July 31 July 14 July 23 July 20 90% July 29 84 July 1 July 70 104 July July July 28 73 1 105% July 2 9 "7l""JuIy""I "§5% July"16 28 94 88% July 1 94 97 59% July July 28 29 July 1 8 17% July 10 72 July 12 73% July 17 17% July 10 87 71% June 30 7 Jan. 8 Feb. 2 92 July 68 July July 50% July May 6 Apr. 26 May 7 July 23 June 10 90% Jan. 0 13 105 Jan. June 29 101 Jan. May 13 130 July 20 109% Jan. 118 Apr. 28 125% Jan. 11 9 104% Feb. 3 96 126 98% Apr. 75 May 78% June 102 Feb, 97 Jan. 73 Mar. 14 29 2 1 1 7 31 27 21 12 30 2 1 62 July 21 0 93% Mar. 13 98% Jan. 1 104% July 12 101 % July Jan. 30 80 16 105% Jan. 26 109% Mar. 23 106% May 15 107% Apr. 13% Jan. 28 12% Jan. 28 4% Mar. 4 4% Mar. May 21 Jan. Jan. 20 102 95% Jan. 19 30 22 22 11 13 12 30 7 0 2 2 5 22 79% June 15 Jan. 8 100% Mar. 23 109 78% Apr. 28 96% Jan. 27 Feb. 11 102% May 22 115 101 July 7 104% Mar. 92% June 29 103% Jan. 83 June 3 93% Jan. July 84 July 1 84 8 4 5 1 63 Jan. 2 73% Feb. 103% June 23 108% Mar. 4 6 May 13 71 June 29 33 May 13 93% Jan. 13 9 101% Jan. 13 102% Feb. 103% Mar. 29 105% Mar. 3 103% Jan. 14 105% June 10 94 Jan. 87 Apr. 9 96 Jan 27 100% Jan. 16 4 96 June 22 101% Jan. 5 100% Apr. 15 104% Jan. 21 99 Mar. 6 102% Jan. 25 98% Feb. 18 101% Jan. 21 90 July 16 101% Jan. 18 9 101 Feb. 15 104% Jan. 82% May 19 99% Jan. 30 70% Jan. 22 77 17% July 26 10 21% Apr. 15 July "26 97% July 16 73 July 28 29% July 20 79% July 9 72 July 27 101 July 15 106% July 12 88 July 14 51% July 22 "85% July""I "89% 29 61% ^ July July 83 ..... Sale July 22 7 102 July 21 9 105 6 27 105% July 103% July 104% July 94 July 28% 76% Sale" 76% July 78% Sale 65 72 July 70 73 79 July 100 100% 100% 100% 100 107 106% July 106% 86 July 87 89% 85 86% 49 July 48 49 52% 55 60% July July 7 1 98 2 103% July 23 7 1 101 % July 1 101 % July 6 July 10 90 July 16 92 93 July 2 101% 102% July 16 103 97% Sale 91 68 3 2 .1 84% July 102% Mar. 18 107 100 83% July 101 % July Sale 101% 101% 101% July 101 % July 101% 102 102 80 June 19 56 Apr. 9 112 Jan. 12 113% Jan. 4 113% Apr. 10 112% 33 Sale Sale 104% 105 105% 104% Sale 94 100 100 89% Sale 72 14 14 21 30 Sale 4 16 Jan. 7 99% Apr. 28 103 100 June 21 104% Apr. 28 7 61% June 17 79% Jan. Feb, 17 75 Feb. 17 75 1 104% July 21 101% June Jan. 19 108% July 27 106 Mar. 2 105% July 17 103 9 106% July 20 105% Feb. 6 June 7% July 26 28 6 June 7% July 2 16 2 % June 3% July 1 14 103% July 2 105 82% July 21 88% 103% July 2 104% .101 July 7 102% 93 July 1 98 101% 101% 101% .:i.. 101 % July 104 1 9 104% July 30 31 101% July 22 84 Sale 73 81% July 7 87 July 12 1 72 IB J* 84 2 102 July 102% 103% 102% July 108% July 108% 109% 108% Sale 103% Sale 105% 105% 103% July 106% Sale 106% 106% 106% July 6% July 6% Sale 6% Sale 6% Juy 7 Sale 6% 6% 2% July 3% Sale 2 July 2% 2% 100% 100% 101% 100 104 % Feb. 10 105% Jan. 3 8 Sale 88 Feb. 101 4 4 77% July 78% 80 81 July 86% 87 July 103% 104% 102 87 Jan. 26 June 9 103% Apr. 1 106 104% Mar. 23 107 102% Mar. 12 104% June 102% Sale 83% Sale 103% Sale 83% Sale 1 18 1 102% July 1 103% July 72 % July 30 77 % July 15 96% July 8 99% July 17 "i 65 2 93 62% June 17 July July July July 100 128 107% 105"" JuTy'26 107 % July 120% July 7 120% July 122 99 Jan. 22 99 Jan. 21 88% Jan. 19 1 101% Jan. 21 9 106% Apr. 1 2 107% Jan. 7 100% Mar. 17 106% Jan. 102% Sale 112 106% Sale 104% Sale 26 1 July 5 9 18 14 22 46% 107% 110% 110% 107% 103 111 26 Mar. 22 Mar. 22 Feb. 5 Mar. 22 July 28 1 58 1 111% July 28 July 27 12 113 9 113% July 28 ill July 2 112% July 23 105% July 29 106% July 30 103% July 1 104% July 13 46% 111% 111% 110% 111% 111% 113 112 113 111% 56 1 101% July July 1 69 21 Jan. 92 21 17 Jan. Mar. 24 115% Jan. 106 July 8 Feb. 24 125 23 145 17 July July Jan. 22 124 July 21 July / 6 July 10 98% July 16 66% July Sale Sale 112% 112 111 111% 105% Sale 103% Sale 46% 110% 111% 111% 30% 29% 1 105% July 26 July 12 1 105 July 105% 105 104% July 104% 106 105 97 79% July 30 93% July 31 57% July 26 59 July 26 59% July 9 2 8 1 1 1 July July July July July 8 8 Jan. Mar. 114% Mar. 130 Apr. 76% June 67% May 88 July 103% July 105% June 80 77% Sale 1967 104% Sale 87% 88% 1978 Georgia Pow 8c Lt 5s ♦Gesfuerel 6s..... ......1953 Glen Alden Coal 4s......1965 76% 91 % 47% 48% 55% 100% 100% 101% 102% 101 94% Sale 4,073,000 Eastern Gas 8c Fuel 4s A.1956 1,184,000 Edison Elec Ilium 3H 8—1965 108% 108% 93% Sale Elec Pow Ac Lt 5s —2030 3,585,000 61,000 Elmira Wat Lt ft RR 5s—1956 108% 113 —1950 103% 104% 174,000 El Paso Elec 5s A 103% 698,000 Empire Dlst Elec 5s—...1952 103 92% Sale 1,026,000 Empire Oil 8c Refining 5 H*' 42 1,000 5Hs registered.. ..1942 Brcole Marelll Elec Mfg Sale 6 Hi 126,000 1953 63 133,000 Erie Lighting 5s 1967 105% 106 858,000 1,882,000 67% Sale Sale 111% 112% 110% 110% 103 78% 79% 93% Sale 56% Sale 57 Sale 57% Sale Jan. 22 240 Jan. 22 240 June 29 225 June 28 227 110 113 16 120% July 26 8 135% July 27 89 July 19 1 July 22 7 78 1 93% July 16 1 9 103532 July 166"" Sale" l6I% Sale" "99% JuIy""I Ioi%"Juiy"3i 64 Gary Elec 8c Gas— 75,000 170,000 34,000 19,000 11,000 4,000 108,000 7,000 1,000 135 7 July 6 109 107% 108 102 102% 101% Sale 101% July 23 102 July 1 70 64 66 67% 68% 64 92 July 6 94% 95 98 94 Sale 96 July 10 98% Sale 96 98% 98 71 July 6 74 68 75 70% 73 Sale 258,000 Delaware Elec Pow 5H*—1959 103% Sale 108% 55,000 Denver Gas 8c Elec 5s_.—1949 107 1,106,000 Detroit City Gas 5s B—1950 105% 106 704,000 6s series A 1947 106% Sale 11% Sale 511,000 ♦Detroit Int Bdge 6 Hi—1952 9% 10% ♦Ctfs of deposit.. 271,000 3% 4% 213,000 ♦25-yr s f deb 7s 1952 ♦Ctfs of deposit..... 214,000 102% 1937 102 150,000 Dixie Gulf Gas 6H« 3,000 ♦Farmers Nat Mtge Inst 7s.'63 669,000 Federal Water Serv 5Hi-1954 Finland Residential Mtge 1 6s stamped.... .....1961 88,000 366,000 Firestone Cotton Mills 5s. 1948 253,000 Firestone T 8c R Cal 5S..1942 13,000 First Bohemian Glass 7s. 1957 3,410,000 Florida Power At Lt 5s—1954 13 16 July .108% 108% .108 63% .—1971 . . 99 101 Consol G E L 8c P Bait— 357,000 6s A stamped ...1943 5,028,000 Continental G 8c El 5s -—1958 240,000 Crucible Steel 5s —.1940 216,000 Cuban Telephone 7H«—1941 81,000 Cuban Tobacco 5s .—1944 95% 102% 103% 75 % Sale Consol Gas Utilities— 103,000 508,000 16,000 14,000 48% Sale 49 74 1965 106% Sale N 94% 113% 96% 103% 100% 72 % Community Pow 8c Lt 3 H« series 169% July 114% July 28 120 Sale 69% Sale Com'w'Ith Subsld 5 Hi 656,000 78.000 158 158 140 Sale Sale A.1948 103 85 % Sale 5s.1957 649,000 Community Pub Serv 5s A1960 100% 101% 130 21,000 Conn Ltg 8c Pow 7s A 1951 128 59,000 Consol Gas of Bait 5s—1939 109% 111 78,000 4H 1954 124% 127 843,000 1,151,000 12 9 13 Sale 1956 110% 110% 3%s series H 150 July July July 175 169 169 30 30 28 28 6 165 8 1 8 Jan. May 19 69 45% June 17 65% 79% June 24 91% 98 Apr. 15 105% 92 55 —1981 13 61 53 77 76% 1953 B.---------—1954 4H« series C 4s series F 84% July 99% July 52 1 1 166 175 168 166 29 25 98 90 % Sale 95% Sale. 68 % Sale 51 5s series A 59 Sale 83% 99 July July 59 94 75% 4 Hi—1957 57 Sale 1937 Bank 5 H® Commonw Edison 166 62% Jan. 65% Jan. 8 60% Jan. 20 83% May 6 77 Jan. 6 Mar. 3 June 17 73 41 1 6 July July 47% July 80% July 98% July 46 103 ♦Comment und Prlvat 46,000 16,000 48,000 25,000 76% Sale 166 May 17 44% May 18 103 % 1949 deb 82 45 45% May 14 68 Apr. 9 102 Sale 1952 registered 57 12 19 Sale 5H*—1942 i02H 102% L 6s.1943 8t L 5H«-1952 Cities Serv Gas Pipe Cities Service P 47 50% July 51 % July 12 1 50% July 46% July 104 103 H 105% Sale 112H 112% 103 H Sale registered—---—-1966 Conv deb Highest Sale Priest 6 103% July 10 103% 102% July 1 110% 110% 109% July 21 110% July 94% July 2 99% July 27 98% 99% Sale 1 113% 112% July 21 113% July Sale 113 96 % July 2 98% July 31 96% 98% Sale Sale 102% July 9 104% July 29 Sale 104 100% July 1 102% July 31 Sale 102% Sale July 31 97 Sale 94% July 2 97 95 July 7 98 July 2 99 99 98% 98% 110 5HM952 100% 101% Cities Service 5s 170 170 102% Sale -1961 Chicago 111 Midland Ry— 99 99 % s series A————1956 Chicago Junction Rys 8c Union Stock Yards 5s—1940 109% 111 Chic Pneum Tool 5 Hi—1942 102% 104 80% 81% {♦Chic Rys 5s ctfs of dep. 27 1955 1966 Lowest Sale Prices July July July 162 152 Sale 150 July 162 151 Sale July 113% 114% 113 113% Sale 119% July 119% Sale 119% 120 120 July 120% Sale 119% 122 July 133 136% 133% 135% 133 84 July 84 87 88 Sale 68% July 68% Sale 74% Sale July 88 Sale 92% 93% 88 103% July 103532 Sale 155 155 113 —— 6s series B 57% 103% Generating 1970 104% 106 Cincinnati Street Ry Highest Sale Prices 107% 108 _ " 55% Ask 51% Sale "75 98 716,000 Canada Nor Power 5s.... 1953 1,296,000 ♦Canadian Pacific Ry 6S-1942 1,357,000 Carolina Pr 8c Lt 5s——1956 180,000 Cedar Rap Mfg 8c Pow 5s. 1953 2,094,000 Cent 111 Pub Serr 4%c *-1967 509,000 5s series E 1956 857,000 5s Series G 1^68 307,000 4Hs series H 1Q81 296,000 Cent Ohio Lt 8c Pr 5s A—1950 4 Hi 75 Sale 48 80% Sale 99% Sale 92,000 210,000 158,000 44,000 168,000 80,000 121,000 54,000 36,000 6s series B 73 46 49 88 % Sale 104 % 105 166 Chicago Dlst El 48 49 Locomotive Works 5%» 46 46% Sale 47% Sale 333,000 ♦6s with warrants 1938 809,000 ♦6s w w stamped -1938 213,000 ♦6s without warrants—1938 5,459,000 ♦6s x-w stamped —1938 744,000 Bell Tel of Canada 5s.-.-1955 486,000 1st M 5s ser B June 1 1957 185,000 5s series C ———I960 121,000 Bethlehem Steel 6s——1998 1,123,000 Birmingham Elec 4 Hi—1968 591,000 Birmingham Gas 5s—-.1959 188,000 Broad River Power 5s A—1954 82,000 Buffalo Gen Elec 5s 1956 87,000 1st & ref 5s -1939 Cent States Pr ft Ask Bid Bid 61% Sale 2,000 12,000 48,000 272,000 80,000 46*000 3,000 10,000 113,000 241,000 28,000 9,000 , Sale 56 4HB—1948 1968 Gu & Rlec 68 Ask Lowest Sale Prices July 31 July 1 1937 84% June 84 May 68 June 21% Mar. 76% Apr. 72 July 97% Mar. 106% Jan. 86 July 48% June 47 Mar. 22 Feb. 19 25% Feb. 3 Jan. 14 97 28 105% Jan. 7 88 27 29% 28 89% 27 89% 23 105 29 12 Jan. 5 July 20 Jan. 10 Feb. 3 5 Jan. June 1 7 107 30 94% Jan. 23 Jan. 22 24 62 June 23 75% Jan. 15 AUG., 1937] AGGREGATE Jan. 1 Jan. 2 27,000 33,000 25,000 63,000 108,000 231,000 284,000 295,000 Idaho Power Co 5a.......1947 108 242,000 Illinois Nor Utll 5s 1957 106 716,000 Illinois Pow A L 5 96 5* HI* 1957 783,000 5 Hi series "B" 1954 105H 1,906,000 6s series A............1953 1055* 2,559,000 5s series C—..........1956 104 9,000 5s registered ........1956 346,000 Indiana Elec Corp6t A..1947 81,000 6 Hi series B..........1953 645,000 5s series C_. ........1951 1*000 58 C registered........1951 47"666 3,000 54,000 :> 4,000 25,000 13,000 18,000 87,000 89,000 36,000 181,000 ^ v 10,000 263,000 85,000 163,000 938,000 537,000 179,000 Indiana Gen Service 5a..1948 Indiana Hydro-Elec 5s A.1988 Indiana A Mich El 5s 1957 1st A ref 5s 1955 Indiana Service 5e_...._.1958 1st lien A ref 5s.......1963 'Indianapolis Gas 5s A..1952 1,621,000 Ind'polls P A L 5s ser A..1957 ♦tlntercontlnenta Pow Co— 200,000 13,000 5,000 18,000 12,000 403,000 223,000 916,000 Deb 6s series A.... 1948 240,000 (nt Pow Sec6H* series C.1955 188,000 7s series E...........1957 152,000 7s series F 1952 192,000 International Salt 5s....1951 3,857,000 Interstate Debenture 6s_. 1952 Interstate Public Service 640,000 1,124,000 5a aeries D............1956 630,000 178,000 107,000 602,000 256,000 26,000 2,000 4Hs series F 1958 Iowa-Nebraska LAP 5s..l957 5s Series B laotta Fraschlnl 7s 57,000 347,000 JacksonvllleGas 5s stmpdl942 320,000 Jersey Cent P A L 5s B...1947 1,195,000 4Hi aeries C .1961 44,000 171,000 24,000 30,000 132,000 302,000 1,003,000 830,000 329,000 141,000 163,000 4,000 64,000 51,000 56,000 21,000 22,000 1963 Kansas El Pow 3H« Kansas Gas A Elec 6s Kansas Power 5s A 103 1045* "79" 109 108 Sale 1055* 106 Sale Sale 1075* 995* 100 109 5* HO 1045* 106 765* Sale 815* 825* Sale 99 84 855* 68 76 70 64 1075* Sale 64 Sale 76 79 79 735* 765* Sale 865* 875* 1035* 104 85 Sale 535* 545* 1035* 1045* 1055* Sale 103 Sale 1955 1035* 975* Sale 985* Sale 107 1075* 102 1025* 1943 725* 945* July 7 1005* July 15 104 July 26 975* July 14 98 48 July July 80 5* Sale 99 49 111 July 1075* July W* July 70 July 655* July 1065* July 785* July 104 74 1045* Sale 505* Sale 1045* Sale 1948 91 June 485* July 1035* July 1045* July 515* July 1 105 July 935* 97 955* 975* 95 July 113 115 1155* 117 1135* July 1005* 1015* 1005* Sale 100 July 80 Sale 88 Sale 795* July 81 82 875* 88 815* July 96 Sale 96 1015* 1015* July 88 92 905* 88 935* July: 13 14 14 July 955* 1155* 1015* 885* 885* 102 94 July 28 Feb. 2 Jan. 21 Jan. 11 Feb. 4 Jan. 8 Mar. 8 Jan. 22 1065* Jan. 20 99 Feb. June Feb. Mar. June 18 Jan. 14 93 Apr. 1 1075* June 30 25 101 24 111 17 1075* 17 795* June 21 78 June 30 825* Jan. 8 June June Jan. Jan. Jan. Mar. 12 1065* Apr. 8 6 105 34 June 29 265* Feb. 9 104** Feb. 4 1035* June 4 105 Mar. 5 335* Apr. 13 885* Feb. 9 865* Feb. 10 105 965* July 5* June Apr. 12 835* July 21 785* July 22 99 July 20 99 July 27 106 July 21 103 July 73 July 20 75 July 6 555* July 23 Sale 99 495* Sale Apr. 955* June 100 June 915* June 1015* Mar 1075* July 8 895* July 30 104 1969 1961 2 14 1095* Jan. 12 1025* Feb. 9 1105* 1075* 995* 1065* 1065* 1045* 1025* Jan. 90 . 96"" July "20 965* July July 82 July 945* July Sale 92 97 92 July 1055* 1055* 1055 1055* July Sale 103 1025* Sale 102 July Sale 68 71 725* 68 July 65 765* 705* 75 75 July 55 56; 525* Sale 525* July 104 1065* Mar. 106 94 7 45* July July 68 66 68 July July 71 73: 715* July 27 72 July 27 71 73 70 72 July 6 July 17 1075* 1075* 107 July1075* July 545* Sale 535* July 565* July 385* 395* 37 July 415* July Sale 70 55 1105* July 28 1075* July 22 1075* 107 J* 1075* 1075* 1075* July 89 Sale 885* 91 87J* July 1105* 111 1105* July 1065* Sale 1065* 1065* 1065* July 63 5* Sale 69 695* 63 July 635* Sale 695* 695* 635* July 60 Sale 645* 68 60 July 1055* Sale 1055* Sale 1045* July Sale Sale July July July July July July 92"" July" 965* Sale 37 121 6Hs series D BHi series F 92 98 Sale Sale 1966 Kimberly Clark 5s A Sale 73 69 2022 5a 93 82 70 1075* 1075* ...1947 Kentucky Utilities 5a 1085* 1065* 915* 995* 975* Sale 1005* 109 100 62 71 76 Sale 66 Highest Sale Prices 106 Jan. 21 110 "95"" "96" 94 55* Sale 135* Sale 104 Lowest Sale Prices ----- Sale 69 72 74 109 1085* Sale 1065* 1075 1075* 91 915-s 92 955* 965* 99 103 1005* Sale 96 925* Sale "92"" 1055* 105 Highest Sale Prices . 80 1055* 105. 1055* Sale ..1942 1,530,000 Italian Superpower 6s 9a IOOH 105 104 1961 Iowa Pow A Lt 4 Hi A...1958 Iowa Pub Serv 5s ....1957 laarco Hydro-El 7a.......1952 84,000 26 91 Power 5s.....1957 1.412,000 83,000 157,000 78,000 31,000 11,000 53,000 32,000 Sale Sale" 77 Lowest Sale Prices Ask 1035* 104 1055* 1035* July 21 1045* July 16 102 Apr. 13 Sale 1005* 1085* July 1 1085* July 108 Mar. 17 Sale 98 985* 97 July 8 995* July, 97 July 30 34 July 6 34 23 Jan. 18 July "265* 26 255* July 24 26 July 28 205* Mar. 29 Sale 97 Sale 97 July 1 97 Mar. 22 975* July 23 1025* 1025* 1025* 1015* July 7 1025* July 22 98 Mar. 13 Sale 104 1045* 102 July 19 1045* July 1015* May 18 50 2° 31; July 29 31 31 July 29 July 29 ; 78 79 "80" 76 July 10 795* July 22 76 June 16 80 785* 81 77 July 12 795* July 26 77 Mar. 31 104H 1025* 06 July 31 Ask Bid Ask 185,000 Hackcnaack Water 5* A..1977 103 214,000 5a 1938 106 H 1,105,000 Hall Printing 6s A stpd..1947 99 14,000 'Hamburg Elac Co 7s 1935 40,000 *Harnbum E A Und RvRHn'aW 626,000 Heller (W E) A Co 4a w w.1946 165" 150,000 Houat Gulf Gaa 6 J<a w w.1943 101 340,000 6a 1943 1045* 9,000 "Hungarian-Ital Bk 7HS.1963 498,000 Hygrade Pood 6sjaer A 1949 "78"" 97,000 77 H 6s aeries B 1949 4,000 61,000 July 1 1937 Bid BONDS {ContinueA) > RANGE SINCE JAN. 1 Price NEW YORK CURB EXCHANGE Since July 51 PRICES IN JULY SALES In 8,000 1,000 98,000 ; 1,000 2,000 34,000 17,000 64,000 CURB EXCHANGE YORK NEW July 30 July 24 July July July July July 45* July 13 65 Apr. 5 715* July 27 66 May 20 21 145* Jan. 14 77 21 Jan. 49 27 8 81 Feb. Mar. 20 109 May June 11 765* Jan. June 12 695* Jan. 105 835* Feb. 10 25 18 11 June 30 June 29 88 U June 17 10451 "I July Apr. 1 10451 5 106)4 Jan. 23 Jan. 22 Feb. 2 Feb. 8 May 20 Mar. 17 10551 Jan. 2 7954 Jan. Feb, 5 23 Jan. Feb. Feb. 5 72 50 June 11 46 Mar. 22 4 80 71 1 565* Jan. 20 103 Mar. 9 1055* Apr. 22 1025* Apr. 12 1055* Jan. 18 935* June 22 975* Mar. 12 1215* Jan. 18 113 June 24 100 Mar. 19 104" 99 795* July 1 805* June 29 99 945* June 29 107 * 88 July 2 103 1015* June 12 104 Jan. Jan. Jan. Jan. Jan. Jan. 19 23 15 10 25 21 Lake Superior Dlst Power— 53,000 643,000 1,805,000 17,000 303,000 573,000 238,000 212,000 191,000 5,000 31,000 98,000 30,000 49,000 183,000 1,276,000 3,000 111,000 3^s series A..........1966 Lehigh Pow Secur 6s 2026 'Leonard Tlets Inc 7KS-1946 Lexington Utll 5s 1952 LIbby McNeill A Libby 5s 1942 Lone Star Gas , 1.000 ^ 13", 000 'Manitoba Power 5Ho—1951 'Mansfield Mining A Smelt— 7s 60,000 2,000 92,000 86,000 66,000 52,000 74,000 131,000 31,000 25,000 25,000 ■ - Ex-warrants 1941 1,000 Marion Reserve Pow 45*8 1952 {'McCallum Hosiery 65*81941 4,000 252,000 808,000 747,000 590,000 110,000 680.000 101,000 51,000 .1942 Long Island Ltg 6s 1945 Louisiana Pow A Lt 5s—.1957 5,000 ' Corp 5s 445,000 818,000 346,000 879,000 1,561,000 250,000 222,000 McCord Rad A Mfg 6s 1943 Memphis PAL Ssser A..1948 Mengel Co 4Hi 1971 Sale 9Q 1035* 105 1035* 104 1045* 105 1055* 106 1055* 1055* 98 995* 15 —— Middle Sts Petrol 6 Hi A.1945 Midland Valley RR 5s 1943 Milwaukee G L 4 Hi— Minn Pow A Lt 4Hi 1967 1978 1st A ref 5s...........1955 Mississippi Pow 5s...... 1955 Miss Power A Light 5s Miss River Power 5s 1957 1951 {'Missouri Pub Serv 5s A-M7 223,000 Montana Dakota Utll 5 Ha'44 945* 945* 955* 965* 945* July Sale 1045* July 265* 29 265* July 101 1025* 1015* 102 1005* July 1045* Sale 1055* 1055* 1045* July 1035* Sale 1035* 104 1035* July 105 106 105 106 105 July 105 1035* Sale 1055* 1035* July 105 Sale 235* 87 29 Sale 27 1015* 1035* 104 1055* Sale 995* Sale 925* 935* 1065* 106H 102 Sale 1055* 106 955* Sale 975* Sale 1075* 10851 775* 7851 995* 100 96 109 925* ..... 95 87 . July July 28 109 / July - * 1 > 93 1 985* July Steamship Line ♦6H« ctfe of dep w W..1937 125* Sale 256,000 Nassau A Suffolk Ltg 5s_1945 2026 660,000 Nat Pow A Lt 6s'4A" .055* Sale .025* 1025 414,000 18,000 56,000 151,000 63,000 17,000 65,000 29,000 153,000 12,000 123,000 62,000 201,000 214,000 204,000 1,515,000 300,000 1,968,000 774,000 1,988,000 2,261,000 2,240,000 173,000 83,000 7,000 1,000 440,000 262,000 '5a stamped 728,000 .-1942 '6s series A 1949 815,000 62,000 N Y Cent Elec 5 Ha 1950 141,000 N Y Pa A O RR 4H« stpd.1950 2,227,000 N Y P A L Corp 1st 4Hi—1967 1980 1,559,000 N Y State BAG 4Hi 2,000 27,000 14,000 51,000 43,000 7,000 91,000 74,000 24,000 22,000 92,000 57,000 N Y A Westchester Ltg 5s *54 4s 2004 224,000 Deb 5s series B .....2030 1,493,000 1,349,000 {♦Nat Pub Serv 5s C O D.1978 93 48 1 129 ...2022 151,000 Nebraska Power 6a 4 1981 341,000 255,000 Nelsner Bros Realty 6s-.1948 955* 85 88 1055* Sale 1025* Sale 85 90 80 Sale 995* Sale 945* Sale 1015* Sale 79 86 Sale 108 Sale Sale 685* Sale 925* 93 110 965* 1956 92 96 26 1948 Conv deb 5s 1950 New Engl Pow Assn 5a—1948 Deb BHi 1954 785* 785* Sale 785* Sale 005* Sale "985* July "26 26 30 27 28 13 13 101 f 22,000 15,000 29,000 28,000 38,000 1,000 W A 142,000 648,000 339,000 92,000 464,000 494,000 Nippon Elec Pow 6 H*—1953 Nor Amer LAP5H* A .1956 Nor Cont Utll 5Ha A.....1948 Nor Indiana GAB 6s Nor Ind Pub Serv 5s series D 1952 110 875* 88 103 Sale 1085* 1095* 1055* 106 1025* Sale 1125* il3 102 1035* 86 96 v 87 Sale i075* 108"" 1055* Sale 1969 1055* Sale 1035* 1035* ...1945 474,000 Ogden Gas Co 5s 352,000 Ohio Power 5s series B...1952 4 Ha series D 283,000 1956 1953 143,000 Ohio Public Serv 6s C 5s series D 1954 377,000 Sale 95 ..... For footnotes see page 53. 100 835* Sale Sale 67 Sale 655* 675* 655* Sale 90 Sale 74 1045* 105 1045* 105 July July July July July July July July 2 29 65* July 6 99 1035* 845* 905* 1085* 715* 100 1035* 1035* 1045* 1035* 94 45 1145* 1085* 99 815* 1185* 72 715* 71 > 935* 965* 55* July 87 June II* 87 July 72 July 1015* July 1085* 1095* 1085* July 1065* 1065* 1055* July 100 Sale 975* July 106 125* 114 112)* 114 Sale 103 88 525* 075* 015* 005* 965* 045* 935* v 925* Sale 109 Sale Sale Sale Sale Sale 1085* 105 5* 108 Sale 1055* 1055* Sale 103^S 104 105 106 84 1125* July 1035* 102 July 855* 855* July 2 2 915* July 9 805* July 28 12 1035* July 10 1085* July 1 1065* July July 23 1 100 28 1125* July 1 103 July 21 86 July 96 91 2 95 95 July 525* 55 1 58 525* July 7 108, 1075* 1095* 1075* July 6 104 1035* 1045* 1005* July 1 1045* 1035* 1045* 1005* July Sale 96 5* July 1 99 1045* 1055* 1035* July 20 1 935* July 945* Sale 955* , iKi* 109 108 July 106 1055* July 1055* 105 July 1095* 108 July 1035* 1035* July July 1055* 105 • 26 10 29 7 1085* July 1 106 July 2 1055* July 28 2 1 : 1085* July July July 21 104 16 105 Feb. 90 July July 83 Jan. Feb. 1055* Feb. 107 May 1065* May Feb. June 1 105 Jan. 26 985* 23 60 12 104 13 104 Mar. 29 118 105 1015* May 14 1075* 90 July 2 995* 80 975* July 1 June 9 995* Jan. May 19 1005* Jan. Feb. ,, 101 July 835* June 74 May 44 May 111 July 1065* June 99 July 805* May 113 Apr. 655* June 655* June 655* July 89 June 905* June 855* June July 995* May 72 103 105 Mar. 96 June Apr. 100 84 91 > Apr. Mar. Apr. 47 May 10654 Jan. 100 Mar. 9954 June 945* May 102 5* Feb. 9354 June 17 21 5 15 10 25 1095* Apr. 20 3 675* June 18 845* Feb. 92 June 29 1005* Feb. 55* July 20 Feb. July Mar Jan. Jan. Feb. Jan. Jan. Mar, June 11 1065* Feb. June 29 1025* Jan. Mar. 25 106 Jan. 1105* Apr. July July July July July July 21 July 1 July 12 105 106 Mar. June July 19 6 July 26 103 July 2 84 1 July July 30 1 755* July July 28 1 46 445* July July 28 111 July 15 1145* July 22 2 1095* July 14 1065* July 99 9 100 July July 7 825* July 30 845* July 14 1175* July 1 1185* July 29 72 5* 1 665* July 735* July 12 2 725* 665* July 735* July 16 Sale 2 655* July 735* July 12 1 945* 90 July 935* July 27 97 2 935* July 965* July 30 895* 905* 805* Sale 103 19 1015* Jan. 1115* Jan. 265* July 225* May 6 985* July 26 29 20 101 86 91 1045* 1045* 1105* 1045* Sale 915* 80 55* 02 1055* 1055* 109 104 105 Sale 1005* 106 1075* 1095* 1055* Sale 975* Sale 1105* 1105* 5Hi series E..........1961 114 935* Sale 4 Hi E 1970 828,000 355,000 Northwest Elec 6a stpd..l945 711,000 Nor'weat Pub Serv 5s A..1957 96,000 1015* 845* Sale 755* Sale 445* Sale 875* Sale 1966 ^ 103 101 92 925* Mar. 12 30 96 100 1005* 995* July 99 995* 945* July 1035* 104 1015* July 835* 845* 785* July 90 Sale 86 July 1085* Sale 108 July 69 72 685* July 92 93 95 July 45* 015* 1015* New Orleans Pub Serv— July 30 July 885* July 109 July 106 July 91 July 855* July 90 July 88 Sale 83 July 1085* 1095* 1055* July 1055* Sale 1025* July 86 90 905* July 83 '■ 84 80 July 7 121 New Amsterdam Gas 5e_.1948 New Eng G A Elec Assn 5sl947 5s 55* 1085* - Nevada Calif Elec 5a. 93 Sale ■ QO 1005* May 185* Mar. 50 88 Munson 39,000 30 265* July 30 102 July 6 1055* July 12 104 July 6 106 July 12 1055* July 22 27 "40"::::: 1947 Met Edison 4s aeries E Sale 1013 110! 19 145* Jan. 9 6 107 Jan. 1075* Feb. 975* Jan, 51 Jan. 1265* Jan. May 110 110 Jan. 995* Jan. 1215* Jan. Jan. Jan. 845* Jan. 1015* Jan. 1025* Jan. liH 955* Jan. 92 Jan. 1045* Feb 1095* Jan. 1065* Jan. 1045* Jan. 1125* July 1045* May 865* Feb. 1005* Jan. 695* Jan, 108 ! May 107 Jan. 1055* Jan. 1045* Jan, 1055* Jan. 105 Jan. 7 19 1115* Jan. 1045* Jan. 20 1065* Mar. 24 103 Feb. 11 1055* May 1 8 1075* June 29 11054 Feb. 1035* Mar. 5 1065* Apr. 27 105 Jan. 2 107 Apr. 27 10654 Apr. NEW 52 aggregate In Since Jan. 2 7.000 84,000 40,000 4,000 233,000 2,000 185,000 26,000 164,000 ' 40,000 46,000 15,000 V 13,000 5,000 27,000 152,000 139,000 , 88,000 8,000 . 54,000 11,000 31,000 3,000 32,000 80,000 27,000 27,000 18,000 5,000 2,000 '• 1 ; 20,000 26,000 25,000 7,000 48,000 64,000 43,000 91,000 259,000 62,000 152,000 17,000 22,000 4,000 18,000 39,900 46,000 72,000 "2",666 1937 Bid (CwMIWO- BONDS 1,289,000 1,714,000 W« A 95,000 Pacific Coast Power 5s—1*4« 572,000 Pacific Gaa Ac El 6# B.—1941 Pacific Iomdiif 5s A..-1948 Without warrants.; ---340,000 27,000 Pacific Ltg 5k Pow 5s—-1942 2,159,000 Pacific Power Ac Light 5a_1955 105% 106 119 120 100% Sale 92 107 Sale 106 105% 106 110% Sale 98% 99 27 27% WJ* 106 103 106 109% 111 129,000 Pub Serv of Nor Ills 5s C.1946 328,000 5a 1956 220,000 4 We scries D.———1978 402,000 4Ws series E..........1980 977,000 4Ws series F 19»1 445,000 4 We series I 1960 717,000 Pub Serv of Okla 4s 1966 ..... 121,000 Quebec Power 5s 1968 236,000 Queens Boro G Ac B 5W*.1952 53,000 ♦Ruhr Gas Co 6W*——1953 37,000 ♦Ruhr Housing 6W* A...1958 471,000 {♦St Louis Gas 5k Coke 6s. *49 357,000 Safe Harbor Water Pr 4Wa *79 733,000 San Ant Pub Serr 5s B—1958 30,000 San Joaquin L Ac P 6s B..1952 54,000 Sauda Falls Go 5s 1955 97 Sale Sale "21% Sale Sale 106% 79 101% 101% 25 144 104 105 112 113% 102% 103% 102% 103% 105% 105% 95% 2,944,000 Puget Sound P Ac L 5Hs-1949 91J 5a series C 1,138,000 1950 1,449,000 4 His series D ....1950 883 104 105 103% 103% 106 Sale Sale 92% Sale 105 105% 13,000 23,000 270,000 286,000 77,000 62,000 74,000 176,000 211,000 1,912,000 2,461,000 982,000 1,008,000 465,000 1943 1948 Shawtnlgan W 5k P 4%s-1947 ......1968 1970 Sheridan Wyo Coal 6a 1947 Sou Carolina Power 5a.. 1957 2025 Southeast P Ac L 6s Sou Calif Ed 3 Ks—May 11960 394 a series B July 11960 Debentures 394*......1945 1st Ac ref mtga 4s 1960 of California 4Ws——1968 381,000 674,000 Southern Indiana Ry 4s. 1951 262,000 S'western Assoc Tel 5« A. 1961 581,000 Southwestern L Ac P 5a—1957 286,000 Southweetern P Ac L 6a..2422 32,000 69,000 134,000 117,000 67,000 144,000 90,000 187,000 S'western Pub Serv 6a A.1945 730,000 {♦Standard Gas Ac Elec 6s.'35 ♦6s Certlfs of deposit.. 1935 1,124,000 ♦Conv 6s 1935 633,000 ♦6s Cony ctfs of deposit 1935 693,000 20,000 156,000 38,000 166,000 Standard Invert 5W»—— 1939 2,985,000 {Stand Power Ac Lt 6a... 1957 1,789,000 ♦Starrett Corp 5a— 1950 19,000 21,000 18,000 47,000 11,000 7s 2d stamped......... 1940 183,000 186.000 7s 2d stamped 1946 311,000 Super Power of 111 4Hi.. ,1979 416,000 4Wa .1968 75,000 27,000 618.000 fenn Elec Power 5a 346,000 Tenn Pub Serv 5s 1,960,000 1,663,000 6s 1951 4s 97% 99 113% 115 75% Sale Sale 1966 ... 102% 100% 92 98% Sale 107 107% Sale 102 103% 103% 102 ........ 65,000 Syracuae Ltg Sa B....... 1957 let Ac ft 5 Ws 62,000 1954 26,000 15,000 9,000 91,000 73,000 90,000 126,000 92,000 32.000 08 99 Sale 98 25 Sale 25% — 133% 135% 131 106 105 110% Sale 103% 105 103 Sale 103% Sale 104% 100% 79% Sale Sale Sale Sale 78 73 Sale 25 July July 14 6 15% July July .9 108 28 105% July 12 2 14 107% 103% 104 103% 104 103% 104% 103% Sale 103% 104 103% Sale 103% Sale 99% Sale 104% 106 94 101] 86] 103% July 26 77% July 22 96% July 21 102% July 2 89 July 14 104% Sale 90% Sale 89 90% 90% Sale 68% Sale 66 Sale 68 Sale 89 67 Sale 91% 91% Sale 90% Sale 100% 101% 88% Sale 66% Sale 66% Sale 94% 93 40 41 45 47 48 45 47 Sale 64] 33] Sale 105% 105% 108% 108% 50 Sale 66 95 July 17 64% July 32% July 1 10 93 53 56 7 July 13 50 July 45% July 29 46% July 24 8 105% July 8 105% 105% July 105% 104% July 28 106% July 10 2 107 July 20 107% July 107% 109% 56 Sale 87% Sale 69 70 107% Sale 76 Sale 112 171,000 United Elec of N J 4s....1949 United Elec Service 7s...1956 367,000 Without 49% ....1950 43,000 ♦United Indus 6Ws. ♦1st 6s 70,000 454,000 United Lt Ac Pow 6Ws Deb 6s 1,561.000 328,000 AWs United Lt * Rys 6 Ws 6s ssrlss A 559,000 Dsb 6s ssrlss A 196.000 1952 1,282,000 Far footnotes tee page 53. ... 1975 1959 1952 1973 105 ; 113% , 71 68 68% 24 27 Sale 24 1945 1974 Sale 105% 106] 104% 105 116% 117] .1941 26 114 86% 114 54% 92 114% 87 75 69% Sale 103 80 104 69 Sale Sale 70 27% 35 49% July July 75 71 July July 101% July 83 110 74% 84 Sale 76 80 July 103% July 70 July lfi lfi Jan. Jan. 7 22 108 July 2£ 109 Jan. Mar. Apr. July 81 g 104 102 25 Mar. 30 2 Feb. 1C Mar. £ July ] 147 98% July 97% July l8 Feb. Jan. 1< 105% Apr. 21 lip 112 10l 101 Jan. 5 105 July July 15 7 103K 105% 105% 98% Mar. June 11 Mar. Apr. Ig0% Mar. 102 99 Mar. ?3 May 7O May 69% May 96 ll% 104% 100% 127% 107% May 26 Jan. Jan. 6 12 19 18 Jan. 92% Jan. 104% May 21 107 22% Mar. 16 18 Apr. 6 Jan 21 27% July 15 25 July 14 June 5 18% Mar. 23 Jan. 25 108% May 26 Jan. 6 Apr. 12 107 Jan. 26 May 6 132 Feb. 23 110% May 27 9 2 6 107% May 18 93% July 21 1 54% July 11 108 108 107 Jan. Jan. Jan. 8 6 18 110% Jan. 6 25 105 6 Jan. July 1 87 May 26 103% Jan. 93] 7 Jan. Mar. 23 104 June 22 104% Jan. May 11 106 June 17 95 June 21 95 95 June 17 June 17 June 28 63% June 29 8 2 21 Jan. 18 Mar. 8 Mar. 8 Mar. 9 95% Mar. 9 Mar. Mar. 8 96 _ 96 8 Jan. 14 93 July 17 102 Mar. 8 62 June 16 96 8 30% June 18 44% Jan. 37 37 102% 102 106% 107 56 July Apr. May 3 49% Jan. May Mar. 24 106 Mar. 23 106% May Mar. 2 107% June Jan. 18 109% Mar. May 19 June 26 Jan. June May June 106% May 90 July 66 98% 30 104 9 15 25 29 10 16 98% Jan. 85% Jan. 80 106 13 26 17 17 25 3 15 16 Feb. 23 Jan. 4 40% Feb. 10 106 Feb. 5 113 Feb. 4 104% Jan. 23 Apr. 13 106% Jan. 2 109 5 75 June 12 94% Jan. 15 73% July 19 27 July 1 27 July 30 81 July 27 1 77 July 8 5 8 104 July 6 July 21 July 31 75% July 22 85 Mar. 29 Jan. 23 109% Jan. May Jan. 49% June 28 105% June 103 June 103% June 111 Mar. Mar. 25 Mar. 18 June 17 June 14 101% July 55 26 108 28 106% 26 108 20 117% Mar. 19 1 110 72 101 65% July 9l% June 90% June 99% Mar. 99% Apr. L03 Mar. 104 Mar. 69% July 31 27 Feb. Jan. July 21 X8% Apr. 27% July 30 71 Sale 69 15 19 July 28 July 1 July 13 105% July 21 105»3? July 1 103% July 103% July 7 103% July 7 103% July 15 114 July 26 114% 113% July 27 Sale 92% 93% 86% Sale 106 Sale 91% 52% 105% 106% 108 65 warrants.. Sale 70% July 102 30 105 20 108% July 107% 107% 107% July 1 80% July 76 July 79% Sale Company— 10§% Jan. 87% July 31 70 July 21 80% July 66 July Sale Sale 40 105% Sale 94% July 9 72% July 26 35 July 2 Sale 34% 94 66% Sale 105% 105% " 69% 33% 45% 47 105 106 105 106 108% 107 106% 110 44% 104% 105% 107% 107 68% July 27 104% July 1 103% 104% 103 July, 26 67% July " 74 71% 72 73 July 26 66 July 71 Sale 74% July 26 July 71% 72% 68 73 July 26 67 July 70% 72 74 July 26 66% July 72 73 73 July 26 66% July 70% Sale 93 77 108 107 «2% Jan. 106% Jan. X2$ Feb. 20 Feb. 9 10l% Mar. 15 105 3 10l% Mar. 23 104% Feb. 105% July 13 10l% Mar. 16 104% 103% 104% 103% July 76 Sale 77% 73% July 94 July Sale 96% 98% 101 July 102% 101% Sale 87% July 88 90 88 103] 73] June 23 19 15 18 99% Mar. 15 10?$ &Pr' if 66% July 26 July 20 July 27 July 6 July 29 July 8 July 9 66 9 Mar. 22 Mar. 18 29 Mar. 28% June 9 47 10l% July 10 103% Jan. July Sale Sale 102% 103 6 July 111 105% 106% July July July July July 109 107% Sale 107% Sale 107% Sale 65 1967 6 110 27 103 Sale 67% 93 66 81 1957 25 65% July 91% July 90 92 91% 93 July 98% Sale 93 Sale 102% July 103% Sale 102% Sale 102% July 102 102% 103% 103% 106 106% 105% July 105% Sale 106% July 107% 108 106% Sale 71% 112 "88 ftfc 14 28% 31% 33 102% 102% 101% 107% 107 103% 104 105 104 104% 104 104% 104% 103% 6 108 108% Mar. 18 38 June 8 July July July Mar. 24 111% Jan. Jan. 08% Mar. 18 100 l2 July 15 30% Jan. 10 July 10 83 5a aeries B July 25 96 4We 105 Mar. 107% Mar. lOf a3 27 25% 32 28% Sale Sale 3 106 15 105% Jan. 22 Apr. 23 May 13 109 20 106% Jan. 26 1q0% May 07% July 30 July 9 July 29 99% July 7 25 July 1 26% 106 211,000 122,000 99% June §9% June June J illy 29 105% Jan. 30 102 107 16 lo5 20 13 20 21 25 July 13% 14 12% 13 106% July Sale 107% 108% 107 104% July 105 106 105% Sale 129% 129% 127% 130 110 July 110 110% 108% 14 99% Mar. 17 102% Jan. 2 2 July 2 105% Jan. 96 June 30 105% Jan. lis 103 Jan. 9 38 June 30 71 00 17 8 Jan. 93% Jan. §0% 15 105% July 6 104% 105% 104% July 110% July 13 111% July 29 111% Sale 103 July 27 105 July 105 103% 1 104% July 103 July 103% Sale July 15 103% July 103% 103% 103 1 105% July 30 104% July Sale 105 1 102 July 6 100% July Sale 102 1 85% July 79% July 86 1 78 July 83% July 83% 1 73 July 77% July 77% Sale 13 117 8 4 7O .08 July 133% 133 ...1962 6a 4th stamped Mar. 70% Mar. 14 7 104] 103% 103% 103% July 104% Sale 98% July 28 100] 100% 100 101% 99 81 Union Electric Lt Ac Pow (Mo) 5a series A.... 52,000 ...1954 July July 04% July 24% July 75% July 24% July 1,796,000 Twin City Rap Tr 5 Ws A.I952 Ulen Ac 3,000 29,000 74 70% July 73% 71 Sale 105% July 106% July 108 63 July 70 98% July 100 97% July 99 Toledo Edison Co— 7,000 1,000 67% July 108% 107% July 104% 103% Juiy 69 Sale 69 106% 107% 107 103% 103% Sale 24% 24% 23% Sale 72% 71 105% 106% 107% 107% 106 107 72 66% 70 98 99% 98% 103 87,000 14 29 103 • 102 1st mtge gold 5s July July 28% i02% 153% 38 ifs 111% July 30 92 July 8 110% 111 90 91% 87% 67% July 68 69% 66% 71 99 July 101% Sale 99% Sale 30 July 32 30 Sale 105% 105% 104% July 104% Sale 106% ...I. 106% 90 July 92% 94 90% Sale 993,000 99 107% July 30 14% 15% Sale 48* 1970 92,000 187,000 103 July July July July July July 26% 25 104% 104% 107% 107% 4 94% Mar. 24 102% Jan. 22 102% July 22 2 94% July 16 98% July 27 92% July 28 30 106% 132% 108% 110 • 85 23 Jan. ll5 23 1 110% July 89% July \\% 95% 69,666 38,000 1 23x4 107 100 Jan. 119 July 15 July 28 76% July 27 25 17% Sale 68% 108 Mar. 24 2 99 26 114 24 106 106 1o2% June 23 27% July 15 Tern! Hydro-Electric Co— 137,000 y 9 1 9 96% May 17 108% Jan. 11 Jan. 19 36 June 24 100 July 16 105% July 109 July ! 94% July 16% July : 1956 666,000 6%. series A 1953 1960 2,051,000 Texas Elec Service 5s 26,000 {♦Texas Gas Utilities 48—1945 1,490,000 Texas Power Ac Lt 5a 1956 6a 51,000 2022 545,000 Tide Water Power la A 1979 62,000 364,000 1,000 1 103% July 2 116% July 105 105% 107 108 107% 108% 108% 109% 90% July Sale 94 Sale 12 July 16% Stlnnea (Hugo) Indus— * 97% July 113% July 71% July 108 Southern Counties Gas 3,000 68,000 37,000 77,000 6,000 July 86% July 26% 22% 1937 ♦Schulte Real Estate 6a..1951 4Ws series B 4 Ws series D 98 % 105% 103% July 116 July 103% Sale 116% Sale 105% 105% 104% 105 106 Sale 5 We 1972 96% 205,000 Phlla Rapid Transit 4a—1942 Piedmont Hydro-Electric Co 62 722,000 6 Ha series A—————I960 106 45,000 Pittsburgh Coal 6a 1949 105% 259,000 Pittsburgh Steel 6s 1948 67,000 ♦Pomeranla Elec Co 4a—1953 599,000 Portland Gaa Ac Coke 5a. 1940 "78% 106 395,000 Potomac Edison 5a sea E.1956 106 262,000 4Kb series F 1941 76% 155,000 Potrero Sugar 7s stampedl947 100 148,000 Power Corp of Can 4%s B 1959 196,000 Power Securities Corp 4a. 1949 100% 20% 15,000 ♦Prussian Elec 4s —.1954 Pub Service Co of N J— 142 441,000 6% perpetual certificates -. Serrel Ync 5s 1 98% July 29 1 104% July 12 2 89% July 21 97% July Sale Sale 103% 102% July 102% 103% 103 90% July 93% Sale 90% Sale July 97 98% 97 96 97% 88 July 88 Sale 91% 92% Phlla Elec Power Scripps (E W) Co 5We Highest Sale Prices 100 W Jan. 19 102% Sale 105% Sale 106% 105% 1,077,000 {♦Peoples Lt ft Pow 5a—1979 6s Lowest Sale Prices o6 Apr. 97% 98 113% 116 71% Sale 42,000 Palmer Corp of L» 4a—-19JJ Penn Cent Lt 4k Pow 4H« 1977 I*79 155,000 1,072,000 Penn Electric 4a aeries F.1971 Penn-Ohlo Edison 4a 1954 345,000 Without warrants 503,000 5W« seriss B— 1959 241,000 Penn Pub Serf 6s C—.... 1947 133,000 5s aeries D ——— 90,000 PennjWater 5k Pow 4MS..1948 319,000 1,101,000 Pooplea Gaa~Lt Ac Coke 4s B'81 49,000 154,000 430,000 28,000 707,000 114,000 372,000 nof/ , 98% 98% 102% 103% 89% 86% 97% 98% 85% Highest Sale Prices 101% 102% 115% 118 87 % Sale 1,962,000 1,151,000 Ask m Bid Sale 94% Sale 103 % Con* deb 5a 613.000 Okla Pow Ac Ask 99% Sale 1951 --—--1946 Water 5a A..1MH Okla Nat Gat 4 Lowest Sale Prices July 31 July 1 ♦Saxon Public Works— 9,000 43,000 2,000 66,000 8,000 41,000 RANGE SINCE JAN. 1 Price NEW YORK CURB EXCHANGE Jan. 1 131,000 293,000 38,000 EXCHANGE CURB PRICES IN JULY SALES July YORK June 10 May 3 Apr. 20 Apr, 29 Jan, 15 79% Feb. 5 July 1 July 30 27 27 94 89 8 107 Jan. Jan. Jan. 14 19 14 96% Jan. 23 June Jan. 18 June 30 115 69% June 29 89% Jan. 13 79 103 AQQREQATE PRICES IN JULY SALES Since July Jan. 2 Jan. 1 2022 1952 1956 5a aeriea B 94% 8954 92% 88 97 Highest Lowest Sale Prices Sale Prices Sale Prices 98 94% July 96 96 88 107 109 107 Lowest Ask 109 99 July 96% July July 23 26 103 93 Sale 83% '85% 96 97 90 93 87 91% 103 90 94 88 ^ Highest Sale Prices June 30 102 Jan. 12 Jan. 21 July 7 103 105% Mar. 2 107 104% Jan. 26 106 105% 107% 105% 106% 100H 100H 1946 .......1950 4a July 31 Ask Bid Bid 102 X 102 Sale 97 98% 26.000 Vamma Water Power 5 He *57 763,000 Virginia Pub Ser 5%• A.. 1946 242,000 512,000 Ask 101% 1013 101% 1021 107% 109j 104 % 106 (Jtah Power & Light 4% • 1944 287,000 4a aeriea A—..... 312,000 27,000 Utlca Gas A118s E 5a aeriea D 14.000 50,000 35,000 43,000 July 1 1937 Bid BONDS (Concluded)— $ 89,000 87,000 RANGE SINCE JAN. 1 Price HEW YORK CURB EXCHANGE ^ In 53 NEW YORK CURB EXCHANGE AUG., 1937] June 1 Feb. 15 Mar. 10 8 103 June 18 104% Jan. 8 Jan. 11 19 101 June 23 102% Jan. 29 102% Feb. 92% July July July 1 6 7 85 89 Sale 97% July 22 96% July 24 92 July 16 92 80 87 June Waldorf Astoria Corp¬ se income deb ...1954 219,000 Wash Gaa Light Go 5a—1958 500,000 Waah Rr A Blee 4a. 1951 90,000 38,000 41,000 ; 6,000 33,000 104 Waah Water Power 5a...1960 363,000 55,000 31,000 8,000 194,000 107% 1075! 106H lOS* Western Newspaper Union— Conv deb 4a ....1944 73 640,000 West Penn Elec 5a ..2030 442,000 Weat Penn Traction 5a..1960 138,000 Weat Texaa Utll 5a A....1957 2,051,000 West United G 0c E 514a A 55 603,000 Wheeling Elec Co 5a 1941 47,000 Wis Minn Lt A Pow 6a—1944 485,000 Wlaconsln P A L 4a A 1966 1,599,000 77,000 3,000 37,000 175,000 271,000 York Rya Co 5s 1,951,000 Sale 105 X Sale 111% 113 97% Sale 105 Sale 107 H 105 106 101% Sale 106% 106 % 99 % Sale Yadkin River Power 5a_.1941 63,000 97,000 105 1937 27 H 104 H 106 % 29 Sale 105 % Sale Sale 27% 275* 25% 105% 106 104% 106H 107H 106% 105% 105% 105 55% Sale 96 H 57H Sale 55% 95 99 H 103 105 106 108 H 105 92 % Sale 94J* Sale 92 105 Sale 104% 105% 104% 107 H Sale 107% 107% 106% 106% 106 106% 106 94 Sale 94 97% Sale 99 '• ! Sale 91% Sale 104 ", ..1 *i ' - >' •* Vt 105% 106 87% Sale July 22 28 July 1 106 July 1 106% July 8 106 July July July July July 24 29 1 12 July July July July 94% 105% 107% 106% 97% July July July 95 July July July July July July July 106 July 22 31% July 1 108 Apr. 14 107 June 3 106% 49% May 28 59% July 100 26% 104% 105% 103 105 91 103% 105% 105% 92% May 24 Jan. 13 Mar. 17 Feo. | 2 79% Feb. 11 2 14% Jan. 6 99% Jan, 28 105% Jan. 9 108 Apr. 30 107 Apr. 10 102% Jan. 9 June 26 105% Jan. July 8 June 4 Mar. 18 Feb. 10 Feb. 27 Apr. 26 . ; 104 106 July 87% July July July 92 29 7 103% June 30 107% Jan. 81% May 25 100% Jan. 19 0 FOREIGN GOVERNMENT AND MUNICIPAL Agrlcul Mtge Bk Rep of Col— 15,000 22,000 24,000 88,000 +20-year 7a Jan 15 1946 110,000 ♦20-year 7a Jan 15 1947 47,000 ♦Baden (Germany) 7a....l951 91,000 73,000 87 ♦7%s stamped ♦78 stamped 1947 1952 623,000 4,000 14,000 19,000 11,000 98,000 Prov Banks 6s B......1951 80,000 ♦6a A 1952 160,000 Danish Cona Munlc 514s.1955 100,000 5a 1953 20,000 12,000 71,000 10,000 18,000 54,000 42,000 40,000 51,000 37,000 23,000 23,000 49,000 34,000 90 93H 82 87% 93 % 96 Sale 23 25 24 25 % 23% 25% 23% - 25 24 Colombia extl 100,000 243,000 275,000 74,000 46,000 312,000 99,000 276,000 a f 7s.. 16 H Sale 11 % 25 22 .1948 Sale 24 24% 101H 102% Mar. 11 84% Mar. 24 83% May 10 95 94 June 25 June 25 11% June 25 21 Feb. 11 19% Apr. 27% Jan. 19 27% July 30 12 93% July 93 July 13% Sale 11% July 1 13% July 28 27 26% 24 30 Sale 100 % 25% July 2 July 28 July 30 July 13 July 29 101 61 17 22 23 23 25 24 Sale 23 H 23 % 18 Sale 20% 27 Sale 27% 12 27% 1 101% 17 100% 27 26 July 101% 100% July 99% 100% 99% July 26 20 24 29 101 99% 99% 100 sxternal s f 614* 1952 ♦German Cons Munlc 7a. 1947 ♦6a 17 1947 ♦Hanover (City) Ger 7a_.1939 ♦Hanover (Prov) 1949 ♦Lima (City). Peru. 4%s.l»58 ♦Maranhao (State) 7s: 11* 62 M Sale 65% Sale 67% 68% 24% 25% 24% 25 25% Sale 23% 26% 18 23 19H Sale 13 X 15 32% Sale 14% 15 91H Sale 92 95 H 93 22 22 1958 ♦Medellin (Colombia) 7S.1951 Feb. 18 2 20 Mar. 31 99 97 Apr. 6 102% Jan. 8 Apr. 16 101% Fej. 10' 23% 24% 23% Sale 23% 23% 17% 18 1 50 17 17 Jan. 6 25% June 21 Jan. 6 25 17 Mar. 15 Apr. 28 July July July July July 18 July 27 July 13% July 67% July 27 24% July 16 24% July 30 25% July 27 24% July 23 21% July 24 33 July 31 15 July 22 Jan. 8 19 65% 24% 23% 24% 23% 24% Jan. 13% July 4 19 90% June 17 19 2 1 1 19 1 17% Apr. 18 7 77 Feb. 10 Mar. 9 25% July 24% July 29% Mar. 33 July 21 Feb. 27 23 5 31 10 Mendosa (Prov) Argentina 779,000 7%s-4s stamped .......1951 Mtge Bank of Bogota— 79,000 ♦7a Issue of May 1927 1947 62,000 ♦7a Issue of Oct 1927 1947 710,000 ♦Mtge Bank of Chile 6s.. 1931 10,000 6s stamped 1931 275.000 Mtge Bank of Denmark 6sl972 267,000 ♦Parana (Stateof). Bras 7s'58 308,000 ♦Rio de Janeiro 6%s.„.„195'' 447,000 ♦Russian Govt 4 Ha 1919 1,071,000 ♦Certificates of dep 465,000 ♦5 Ha 1921 326,000 ♦Certificates of dep.. 24 15% Sale' 99 100 99 99% 25 H Sale 25 27 10 62 65 437,000 ♦Santiago (Chile) 7a..... 1949 ♦7a 159,000 1961 17 Sale 16% Sold under the rule, 17% 72% 16% 16% , 95 20 99% 100 27% Sale 27% 29 1% IK 1% 1% 1% 27 Sale Sale Sale Sale 255* 1H 1H 1% 1% Santa Pa (City) Argentina 152,000 ♦7s stamped.. .....1945 No par value. 74 18% 75% Sale 18 15 15 16 18 91 July 15 93% July 30 23% 23% 17% 11% July 31 7 July July 10 July 30 13 13 99 July 2 25% July 6 23% July 23% July 18* July 11% July 100 July 27 July 271 July July July 1% July 1% July July 12 1% July VI 1 July 12 1% July 19 9 1 July 25 73% July 27 16% July 29 16% July 30 Abbreviations Used Above (Cont.)— "conv." convertible. Deferred delivery sale, a * " Jan. 35% Jan. 2 Apr. 1% Apr. 1% Apr. 1% Apr. 34 June May July Jan. June July 19 21 Feb. 19 Feb. 19 Mar. 8 July 30 June 9 10 0 22 22 22 22 62% Jan. 4 15% May 22 20% Mar. 12 16 20% Mar. Jan. 22 81% Mar. 10 5 taken in In which no account is computing range, are given below: V July 29 at 4%. y' / no account Is taken V In computing range, are given below: T Abbreviations Used Abote\ "cod." certificates of deposit, "cons," consolidated. July Apr. nUnder the rule sales. In which Bonds being traded flat. t Reported in receivership. July July Feb. Montreal Light Heat & Power, July 2 at 29%. Munson Steamship Lines 6%s, c.o.d. 1937, ^ mmortgage. •n-v." non-voting. 17 17 27% 27% 21% 11% 100% Apr. Jan. 75% July 31 96% Apr. 12 Deferred delivery sales. V ' "cum," cumulative. Sold Tor cash. * Ex dividend. ♦ 25 12 91% July 90 July ----- • ; 29% Feb. 10 22 Dansig P A Wat'way Bd , h a 30 6 7 22% June 25 ♦Can*- Bk of German State A • f 4 Apr. 18% Jan. 23% July 28 23% July 23 • July 30 10 23% July 23% July 23% July ♦Cauca Valley(Dept of) R«P of 85,000 27,000 23 % 23% 25% 18% Buenos Aires (Pro?) 6,000 4,000 10,000 19,000 32,000 19,000 5,000 39,000 18,000 53,000 28 28 22 25% "vtc," voting trust certificates, "w I," when Issued. 44 w w." with warrants, "x-w." without warrants. No sales r Oasb sales, in which no account is taken in com puting range, are given below: No sales. / Chicago Stock Exchange MONTHLY AND YEARLY RECORD STOCK EXCHANGE RANGE OF PRICES ON CHICAGO Shares July.Jan. 1 to July 31 AQQBEOATB Since July Jan. 1 BONDS 26,100 5,210 25,200 101,500 8,600 600 800 4,650 1,450 1,200 200 700 250 9,850 2,100 12,260 37,450 15,150 120,930 50,750 16,700 88,050 9,900 53,550 ' 150 550 5,050 850 5,950 "Y.666 2,600 4,600 250 900 750 II,750 2,050 24,850 8,300 15,950 2,080 21,290 1,400 50 4,590 ■V 400 31,450 440 650 730 170 290 500 ~2,400 650 V > V;; 30 120 I * com 7% 2H .. 10 800 30 1,800 1,100 4,900 75 107 22 • . pref * * * Club Aluminum Uten Co...* Coleman L'p Ac Stove com Commonwealth Edison...100 Compressed Ind Gases cap.. 5 Consolidated Biscuit com...1 cum preferred id >4 22% 32% 830 5 24,950 188,050 100 2,050 100 3,900 50 6,900 1,630 2,000 27,800 2,280 21,200 3,450 For footnotes Crane Co 100 com 2f> ion Cudahy Packing Co pref.. 100 Cunningham Drug Stores 2% Curtis Lighting Inc Dayton Rubber Mfg Cum class A pref see page 5 Preferred... com com 15 42 70 66 11% July July 14% July 37% July 64% July 20 1 2 6 1 ..* * is 6 16% July 1 16% July 1 15% July 19% July 23 2 18% July 9% July 22 12% Sale 12% 13 37% Sale 11% July 35 July Sale 44% 10% July 6% Jan. July 21% July 16 July 41% July 69 July 13% 12 20% 27 12% 25% 54 17 1% Sale 15 Sale Sale 27 54% 3% l % % 28* 104% 105 Sale 1% Sale 32 1% 1% 86 90 13 1 43% July "2 15% 16 Sale 70 1% 13 12 3% Sale 77 % % % 1% 4% Sale 43 Sale 24 27 60 Sale 3 3% 1% 2% % % 95 52 Sale 8% 61 78 11 Sale 80 % % % 1% 4% Sale 43% 44 24 30% 62 64% 3% 3% 1 14 2 17 14% 103% 105 104 Sale" A 1% July 19% Sale 31 16 Jan. Feb. 13% Feb. 12% July 4% Mar. 57% Feb. 17 9 9 Feb. Jan. Mar. Mar. Mar. 27 Jan. 0 Feb. 10 Feb. 9 Feb. 11 May July Jan. July July May Feb. 16 May 3 19 Feb. Jan. Jan. 43% Mar. 6 July" 13 83% Mar. 12 46% Apr. 50 19 July 17 July 16 July 13 July 10 July 14 July 26 July 29 July 29 July %. 27 12% 19% 32% 13 16% 32% Sale 65 70 Jan. June 18% Mar. 2 June 36% Mar. 3 6 19 53% June 22 1% July 12 July 2% July 88 July 48% July 6% July 58% July 75 July 19 % July 16 7 '"4% 43 July 1 July 1 July 70% July 1% July 14 July 4 July 95 July 53% July 9 July 61 July 80 July 6 7 26 % July 7 20 23 13 12 30 July "7 44% July 13 "4% 6 33% Apr. 10 13 July 26 July 13 12 13 1 2 15% Feb. 11 43 15 Jan. 81% Feb. 19 19 Jan. 5 6% Jan. 22 110% Mar. 4 75 June 5 30 Mar. 10 July 26 Feb. 16 3% Feb. 13 1% June 12 July 2% June 86% June 47 5% Jan. 77 June Jan. 20% Jan. 58% July 73 72 85 Jan. % Jan. 15 % Jan. 13 3% June 14 23 15 9 Feb. 17 Mar. % Jan. 2 20 Jan. 20 6% Mar. 8 48 32 Feb. 20 Feb. 2 "66" July ! 3% July 1 1 July 13 % July 23 July "20 July 12 1% July 13 % July 23 66" 4 77 Mar. 15 July 6 16% July 14 104 65 3% Sale 1% 1% 32% 36 July July July July 2 16 8 13 July 28 July 8 43 June 30 20 July 31 105 65 July 16 3% 2% July 1 1% 1% July 8 35 July 28 35 104 115 July 1 116 Sale 6 44% 43% 44% 40% July 6 5 5 July 31 Sale 104 30% Mar. 1% June 22 51% Jan. 5 29% June 14 % 18 28% Feb. Apr. July 1% July 22 % 17% 107% Jan. 6 22% Feb. 18 June 43" July'26 16 July 58% July June 24 May 28 53 3 Jan. 6 June 29 1 July % Jan. % Jan. % Jan. 14% Apr. 13 29 21 6 28 Jan. 14 Feb. July 16 May 12 June 17 Jan. May Jan. 6% Mar. 6 7 Feb. 19 % Jan. % Jan. 3 21 23 5 37% Feb .11 Apr. 5 18 8 Mar. 10 27 May 10 l July 27 July 9 Jan. 10 June 14 Feb. 20 Jan. 22 19 Jan. 26 Feb. 10 June 22 31* June 24 June 11 Sale Feb. 24 June 30 4 Jan. July 26 Feb. 19 Apr. 29 Apr. 12% Sale 120 Sale 107% Sale 22% Sale 4% 5 9 84% Jan. 7 5 100% 4% Sale 48% 50 43 7 7 a 98 June 30 June 15 6% June 28 7 Jan. 7 11 July 31 1% June 17 48% Mar. 24 8% June 30 5% July 1 3% Jan. 6 Sale "26% "28" Mar. 61 July 8 July 6 July 21 July 1 July 27 July 7 12% July 39% July 18 17% Apr. 26% Feb. 23% Feb. 37% May 25 7% July 16% 21% 21% 10% June 22 10% June 15 July 1 July 17 June 21 13 g 1? May 23 12% Jan. 28 12% Mar. 3 14% May 22 June 24 20 12% July 12% July 2% July 52% July 10% July 6 7 11 4 2i 13% Apr. 34" July"! 2 n 14 18% July 19 July 16 12 July 29 17% July 28 32% July 14 12% July 30 1 13% July 1 29% July 27 2% Sale' 94 48% Sale 6% Sale 57 59 Sale 9% Sale 30 12% Sale 15% Sale Sale 12 Sale 2% Sale 1% 119 49 34 46 Sale Sale 33 12 42% ~~4% Sale" ~r2& 2 19% 27% 18% 26% Sale 12% 16 58% Sale » 5 118 "45"' 32 29% 1% 3% 26 17% 15% 18 ~13% Sale 15 % 5 16 17% Sale 2% 68% Sale 70 75 46 5 11 54 3% Sale 11 Sale 50% 9% 32 1% 15% Sale Sale 81% Jan. Jan. 18 25 70% Sale 3% Corporation 14 ..... 6% 6 34 ...10« Preferred Cord 13 July 23 Ju,ly 26 July 22 July 19 July 13 77% Feb. Jan. Sale 23% 2 50 n* 7 _ 20% 35 107% 23% 350 60 "8. 11% 10% 8% 13% 17 17% 16 21 Sale 19% 20% 9% 10 Sale 13% Sale" 29% Sale 100 V t c pref part shares 50 650 Continental Steel com.... 340 50 52 10 5% 7% 12 10% 63% Sale 7% "i3% 12% 20 2 Sale 17 16% Sale 15% Sale 20 Sale 18 19% 10% 10% Sale Preferred com 2 July July 14 July 20 2 July 9 July 11% July 1 July 31 1% July 1 50 July 20 9 July 1 5% July 1 5% July 6 15 27 Central States Pr Ac Lt prefl* Chain Belt Co com....._...* Cherry Burrell Corp com""* Chic City Ac Con Ry— *% prior preferred A 10% 9% 7 H 12% 8 Sale 13% Sale 11% 3% 99 Consumers Co 45 49% Sale 10% 11 9% 10 11 5 Prior Hen preferred......* conv 7% 8 33% Sale ..5 Convertible preferred.. • Central S W UtII com 50c Common capital Cities Service Co com. 13 52% 8% 9% 5% Sale Common 990 Chicago Towel Co 465 290,580 6,400 1,410 21,800 12,200 34,250 167,800 3,720 2,060 Sale 2 19% 12 Part ctfs "4s" j0o 1,200 Chic Rivet Ac Machine cap..4 50 55% Feb. 11 17% Feb. 16 45% 11% 48 13% 18% Common * 11,530 4,350 Partldpstlon preferred...* 561,210 Chic Corp common........l Preferred.. 39,050 "• 1,410 Chicago Electric Mfg~A—I"• 22,800 Chicago Plexlble Shaft com 5 20,900 Chicago & N W Ry Com.. 100 660 Chicago Rys part ctfs 1...100 Part certificates *'2'*....100 2,410 1,190 Participating ctfs "3"..100 60 June 18 Sale 18% Sale 19% 20% 25% 26 (new).. ...10 Cent Cold Storage Co com_20 Central 111 Pub Serv pref—* Cent 111 Secur Corp— Common 61,450 j 20,600 45 Sale 16 960 90 13 11% Sale 11 12 15% capital......1 Laughlln Inc ... May 28 44 ~ 3% 13 Canal Const Co conv pref • Castle Ac Co (A M) com.....10 15,450 335,050 5,990 10,790 5,210 2,446 3,690 13 16 52 . "6,250 44,050 10,450 . 19 7% Sale _ 200 12 20% Sale 13 • 14% 37% 64% Sale 46 11 22,400 Common.......... f 24,500 Bruce Co (E L) com 5 480 Bucyrus Monlghan class A..* 1,850 Burd Piston Ring com.. 197,700 Butler Bros common 10 31,500 5% convertible preferred 30 1,850 9 10 7 70% Sale ... 1,350 1,000 18% 43 * pref Borg-Warner Corp com....10 Common (new) 5 160 7% preferred 100 2,750 Brach Ac Sons (E J) capital 5,000 Brown Pence Ac Wire cl A • " 10 10 4 Mar. 19 12 Baatian-Blesslng Co com. * Bendlx Aviation Corp com..5 Berghoff Brewing Co 1 Bliss Ac 73% Mar. 8 64% June 14 11% May 21 "II" "Ii% Backstay Welt Co com * Barber Co (W. H.) com Barlow 8c Seelig Mfg A com..5 Rights Blnks Mfg Co 67 44% 10% 23 22 ... 700 77X Feb. 70 65 9 12 5,v 50 American Pub 8erv pref..100 200 Annex Hotel Co com cap.. 100 519,340 Armour A Co common.... 5 950 Aro Equipment Corp com 1 117,000 Asbestos Mfg Co com .1 10,200 Associates Invest Co com... 4 25,950 Athey Truss Wheel capital.. * 17,580 Automatic Products com...5 14,620 Automatic Washer cony pf__* 45",650 67 66% 8 14 Aetna Ball Bearing common.l conv Highest Sale Prices 8 17% 15% 16% 6% Sale 8% Sale (J D) Mfg com—• Adams Royalty Co com.....* Advanced Alum Castings...5 Lowest Sale Prices 68 64 64 63 51% Sale * com Adams Highest Sale Prices 65% 64% 62 62 Par Abbott Laboratories 800 Altorfer Bros 120 250 Lowest Ask Ask Bid Bid 82 82 83 11 200 Ainsworth Mfg Corp com 5 * 2,350 Allied Laboratories com 11,450 Allied Products Corp cl A. 25 Common 18,000 .......10 ""450 • STOCKS Shares. 4,700 1,750 3,750 Ask 80 80 81 16 1,000 Chicago City Ry 5a 1927 Certificates of deposit 6,000 5,000 Chicago Rys 5s ctfs 1927 5s class B__ 1927 12,000 4,000 Met West Side El 1st 4s..1938 230 RANGE SINCE JAN. 1 Sale Prices July 31 July 1 1937 Bid $ I,650 JULY Price Jan. 2 In Shares. $7,000 150,000 $28,000 July 31-__ Jan. 1 to PRICES IN CHICAGO STOCK EXCHANGE SALES 1936 None July. 1,268,000 11,028,000 764,000 9,236,000 1937 Bond Sales 1936 1937 Stock Sales 12% 13% 12% July 1 14% July 26 39 ioo"" 103' 99 2% Sale 4 Jan. July 20 7 102 4% July 29 6 June 16 Apr. 19 Feb. 2 Jan. July 101% 100 Sale 2% July Feb. 6 Mar. 30 105% 107% 19% Sale 6% 7 21 22 24 29 107%::::: 20% 107 21% • July 18% July 6% July 2!* 2|M 22 27% 26% July 56 "'W- 29 July 107% July 20 21% July 29 7 July 6 24% July 26 24 26% July 24 Apr. 20 Jan. 17 5 Jan. 2 Apr. .June 21 : Apr. June 2 Feb. 27 Mar. 20 Feb. 11 I Feb. 15 1 1 AGGREGATE STOCK EXCHANGE CHICAGO aug., 1937] SALES PRICES IN JULY CHICAGO STOCK EXCHANGE Jan. 2 JulyI STOCKS Jan. 1 Shares July 1 1937 Shares Par Bid Ask (Alf) A Cohn— 1° Preferred..........—-1®® Common 160 100 Deep Rock Oil cow pref ♦ 60 De Mete Inc pref — * 1,950 Dexter Co (The) com —» 8,900 Dixie-Vortex Co com * 3,800 Class A......... 1,500 Dodge Mfg Corp common.. >**""16 5-0 750 250 1,300 1,500 6,850 15.560 Eddy Paper Corp (The).....* 71,850 El Household Util Corp 5 750 11% 87 31 26 17 20 j 38 6 12 % 100 ..... 33 24 30 17 21 39 % 25 10* Sale 5,350 & Dredge Co com * 6,450 Fuller Mfg Co common .1 7,840 Gardner Denver Co com 4,350 New common 2,520 S3 cum conv pref...——20 4,450 General Candy Corp A.....5 117,900 General Finance Corp com..l 197,210 Gen Household Util com * 1,670 Godchaux Sugar Inc cl B...* 3,350 "2*806 150 11,750 29,050 4,390 22,750 40 Class A * Goldbiatt Bros Inc com.....* 2,800 Grossard Co (H W) com....* 45,750 Great Lakes DAD com * 1,850 2,800 3,100 - 7,710 10 10 2,650 Hamilton Mfg cl A part pf..l0 5,030 HarnischfeOer Corp com.. 10 59,300 Helleman Brew CoGcap...! 13,750 Hein Werner Motor Parts..3 300 40 5,350 1,200 620 Heller (W E) pref w w 25 570 1 Without warrants......... 50 230 1,950 Hibb Spencer Bartlett com. 25 1,880 Horders Inc common.......* 2,550 Hormel A Go (Geo) com A..* 110 350 7 Hall Printing Co com 13% 4% Sale 11% 16 *58 % *60* 22% 62~~ "65" 17 6,620 Class B 20,400 Hupp Motors 6,100 Rights.... 10,050 7 los Sale 5 ""450 1,850 com 40% 45 2,570 Illinois Nor Utilities pref. 1 Of ; 2,600 Indep Pneum Tool v t c • 3,250 New common v t c * 3,970 Indiana Steel Prod com.—1 77 500 Ind Terr Ilium Oil n v cl A..» 40,100 Inland Steel rights (w 1).... 300 1 Capital 100 Interstate Power $7 pref 41% 34 900 • |6 preferred 7:11,700 Iron Fireman Mfg Co v t C 86,400 J arris (WB)Co capital 8,350 Jefferson Electric Co com. 1,050 Joslyn Mfg & Supply Co com 4% *22% 69 16 5% Sale 42 ..... 34 13 % 10% 15 10% Sale 14 15 9 Sale 8% 9 22 26% 22 25 52% 55 15% 16% 19% 21 10% W 15* Sale , 27" "30** 24 25 "17% 19% 20 24% 10 25% 3% Sale . 700 4 '370 710 160 oon ®X'2?R 30 1 90 eon c'non 1,850 oR'RnX 2,950 3,100 §8.300 15 17 July 17 9 12 12% July z4% July 26 1 Feb. 10 "7 20% 58% 14% 4% 3% 29% June Jan. June Mar. June 17 July 22 3% July 1 23 19 :: 25 23 Sale —. "6* 400 20 19% 8% Sale Sale 40 10 Sale Leath A Co common ...» Cumulative preferred. • Le Roi Co 46 44% 15% Sale 10 9% 120 100 cum Kingsbury Brewing Co cap.l La Salle Ext Unir com -.5 10 common Libby, McNeill A Llbby 80 J.780 80 7% 46% pref.50 100 Ken-RadTube A Lpcom A..* 10 Preferred 6,400 Lynch Corp 10 • common common ....—5 McCord Rad A Mfg "A,,.„~* I McGraw Electric com 1.420 McQuay-NorrlsMfg com 40 ; 45% ...1 Preferred Kentucky Util J* Hnn Loudon Packing 590 22% 35 79,750 Lion Oil RefGocom........* ' ..... 42 2.780 $3.50 preferred * 8.750 Lindsay Light com........lt 1,200 ...5 • "38" 83% 20% • * 37,750 Manhntt-Dearborn Corp com* Sale 26 10 Sale > Sale 81% 100 31% 27% 71% 84% 21% "22"" "2% Sale" 5% 1% 2% 2 38 7% 27 Sale 40% 41 8% 8 28% ""9% Sale" 11% July July 13% Sale 105 36** *38*" . 150 in} 101,600 Mape® C011* M,£ capital 390 1.740 "5",l00 85,150 376,650 42,550 13,800 3,700 UO0 ; 70 290 140 30 110 1,450 300 ; 60 * Marshall Field A Go com...* 150 Masonite Corp common 70,060 Mer A Mfrs Sec cl A com "9",600 0 . 8% July 19% 11% 24 > July Mar. 1 Jan. 7 16 May 12 July 26 19 3 July 9% July 26"" July July July July 12 7 25 ..... 10 "I 23 27% Sale 36% 43% 47% Sale 39 46 12 7 July 8 23% July *28 27% July 31 1 2 41 July 13 47% July 23 17 25 25% 9% Sale 10% 10% 18 1 9 June 4 8 May 17 21% June 4 Feb. Jan. 23 Jan. May 2% as* Apr. 11% June 99% May Jan. 25 Jan. 7 Feb. 13 Mar. 5 Jan. 92 37 July 49 June 10% May 8 4% Mar. 2.6 May 96% May 10 July 9 Apr. 19% June 20% June 4 100 27 45% June May 15 May 25 Jan. Jan. Feb. 47 ¥ July 80 32 100 Sale 28 44% 8% 68% 70 24% Sale 5% 5% 1% 2 3% Sale 42% 44% 8% Sale 29 29 30 18% 11% 19% 12% Sale 6 2 Sale 18 16% 12% Sale 9% 41% 10% July 11% July 100 July 32% July 70 July 25% July 6% July 2 July 3% July 42 July 9 July 30 July 19% July 13% July 9% July 41 July July July 67% July 22 July 5% July 1% July 2% July 41% July 8% July 28 July 17 July 11% July 8% July 38 July 4 July 32% Sale 4 V: 3% 27% July 15 3% July 22 38 40 "■•1 25 48 Sale 43 50 40 42 52% 54 .... 9% 9 39 Sale 8 14 29 21 30 9 10 6 28 24 7 12 28 13 8 2 28 10% ..... 41 50 22 .... ...I Sale 50% 49 ; July 22 July 48 July 48% July 33% July 6 4 July 6 50% July 22 2 31 26% July 13 50 July 20 48% July 16 1 12 R'l-R 7% prior lien— 2 24% 23% 2% 28% Sale 60 64 46 6% 33% 5% Sale 27% 28 2% July July 2 28 23% July 1 2% 2% 106 2.670 7% preferred A „< 100 960 6% preferred A......... 100 7,670 Miller A Hart Inc conv pref.* 10,700 Modine Mfg com • Monroe Chemical Co com...* Preferred • 3% Sale 12% Sale 5% Sale % Sale 10% 11 ? Sail* V .1* Sale el* 46 7% 49 7% 50 10 Mountain States Pow pref. 100 1,450 Muskegon Mot Spec cl. A...* Jan. 2% July 24% July 27% July 7 2 31 22 22 54 "5% Juiy"~i "6% "*6% 29 29% *2% "*2% "3% "*3% 7% Sale 2% Sale % Sale 4% 4% 2% 4 3 4% 2 Sale 1% Sale 3% Sale 35% 37% 7% 8% 47% 50% 28 July < 6% July 30% July Jan. 6 10 4 : tji 6 5 5% 2% 1% Sale Sale % o Sale 5% 5% 3 3% 39% Sale 7 47% 7% 50% 2% July 7% July 2% July July July July July 15 July 1 1% July 1 3% July 1 37% July 6 7 July 27 48 July 28 *27% 20*" *24"" 22% 15 28 20 14 4 28 14% 16 13 June 16 21 Apr. 12 19 Jan. 4 Jan. 4 25 27% 2% 7% 1% 3% July 11% July 4% July % July 6% July 5 July 5% July 2% July 1% July 5 July 39% July 8% July 50 July June 21 Feb. 1 June 30 June 17 June 14 23 June 3 % June 15 35 June 28 7 July 27 47 40 Mar. 27 "24% 21 11 Mar. 1 Jan. 22 Jan. 25 Feb. Mar. Jan. Feb. 25 20 25 10 Jan. 19 Feb. 4 Mar. 17 July 28 Mar. 2 Jan. 20 Jan. 22 Mar. 3 Jan. 26 July 6 Jan. 14 July 22 54 Mar. 12 57% Mar. 2 Jan. 7 June 4 4% Jan. 22 25 Apr. 12 30% Mar. 10 32 2% 70 7 Jan. 29 Mar. 31 Jan. 22 Jan. 25 Jan. 25 Jan. 16 Jan. 28 Feb. 5 29 Feb .j 20 31% Jan. 11 16 June 14 June 5 June 11 Jan. 8 Feb. 25 Mar. 1 48% Feb. 11 June 24 June 18 j: Apr. 22% Jan. 17 28% 2 7 4% June 16 33 22% 28 48% June 30 60 21 27% Sale Xo Indust allot ctfs July 31 41 32 i. 2% Sale 21% 24 19% Sale 31% Mlckelberry*s Food Prod com) 22 2% June 6% Middle West Corp capital...5 June 16 45% 9% July 29 16% 8% June 14 12% 96% Jan. 29 (25 25 June 23 43% 67% July 14 89 17% Apr. 28 28% 5% July 20 7% 1% June 12 3% 1% Jan. 4 3% 38 Apr. 29 50 7% Jan. 4 13% 25 June 25 34% 16% June 17 19% 9% Jan. 2 15% 8% June 21 12% 38 July 26 45 4 Jan. 5 4% 9% Jan. 26 9% 16% Jan. 5 33% 6% 3% June 4 38% Mar. 18 50% 9% Mar. 4 Feb. 4 8% Jan. 8% Jan. 46% Jan. 18 13 2 10 Jan. 15 50 5 26 July 14 Apr. 21 Feb.! 23 22 Jan. 28 32 Jan. 14 40 4 50 150 3,000 Nachman Sprlngfllled com.* 3,000 National Battery Co pref * 1,700 National Gypsum A n-v com.5 87,050 National Leather com 10 13,200 NatT Pressure Cooker Co...2 620 21,680 600 12,000 Common stock..........10 40,550 National Union Radio com.. 1 30 19% Sale 28% 29% 63 17 20 July 28% July 16 14% July 29 17 21 6 July 28% July 21 6 68 16% June 11 27% May 17 65 1% Sale 12 15 Jan. July 6 July 9 4 July 2 July 43% July 6 6 13 28 "29 8 % June 14 6 "14% 14% Jan. 79] 2J Apr.' Jan. 12 17 Apr. 9 12% Jan. 12 3 Nat Republic Invest Trust— Cumul. conv. * pref. Sale ..... 5% •4* 4 6 July 6 - July 6 National Standard— 250 4,100 '"■466 7,050 100 70 420 ""190 27% 29 1% Sale 38 64,250 Noblltt*3parks Ind Inc cap 5 69,950 Rights 30,550 North American Car com..20 129,150 Northwest Bancorp com....* 9,285 Northwest Eng Co com * 2,450 4,980 100 2,700 600 .... 6% preferred ; For footnotes see page 56. July 12% July 27 July 60 July 35 July 19 21 8 10 15 15 11% 11% 30' 24 28 60 57 63 30% Sale 10% July July July 23 July 26"! "2l" 20% July 20 22 30% July 21 July 1% July 15 26 6 21 7 19 27 58 110 18% 10 * 27% 20 1% .100 5,700 Penn Elec Switch conv A..10 4,900 Penn Gas A Elec A com • Oh 5% July 27 * .... Convertible preferred i 10% Sale 5,900 Parker Pen Co (The) com..10 30,500 Peabody Coal Co B eom.^390 "700 Common 2% Sale 29 56 7% preferred ...100 60 Okla Gas A El 7% pref 100 1,660 Ontario Mfg Co com........* 380 1% 28% July 29 1 % July 1 38 July 1 24 Nor West Util pr Hen pref.If• 1,300 80 : 42 Sale 29 "*5% Sale" *~6" ""6% Oshkosh B'Gosh Inc— r.j. 28 20% 13% 30% 24% Sale 23 1% Sale 56 34 16% 11% 18% 18% 13% 12 30% July 15 July 26 1% July 23 57 j 23 106 June July Apr. 18% Mar. J* Feb. 3 Mar. 29 Feb.f»5 Jan. Mar. Jan. Jan. Jan. 15 8 25 25 14 July! 15 m Feb. Feb. 23 27 June Apr. 21 July 1% July 51 56 19% Sale 1% Jan. 37% June Apr. 5% June 10% June 24% June 36% Feb. 10 Feb. 16 13 12% 27% 21% 34 16% July June 18 12 July July 2 July 13% July 24 31 Jan. 18 July May 12 Jan. 16 18 25 Feb. 26 Mar. 8 Jan. 14 Jan. -V 8 Mar. 15 25 15 11 29% Feb. 13 Feb. 4 51 §?* June 37 23 27% Feb. 11 4 Apr. 20 May 3 Apr. 19 28 9% July 9% July 100 July 40 1 x§'59x Stock purchase warrants.. 133,550 Midland United Co com....* 36,100 Convertible preferred....* 5,340 Midland Util t% pr lien..100 7,450 1,230 Mar. 11 June 12 9 V. Jan. 22 Mar. 8 45 40 21 37 ...» Prior preferred..^ 240 Metrop * - ' 25 8% July 20 8% June 28 100 Mandel Bros Inc cap 350 Jan. 14 22 a July July 28 80 37*" "July "24 8% 8% 1 2 107 105 107 11% Sale 43 41% 3% 4% 12 9% 16% Sale 6% Sale 100 McWilUams Dredging Co. 15,450 34 July 22 July 26 4 Jan. 20% Feb. 10 14 Apr. 3 18 23 18 17 20 June 24 29 6 15 6 19 July 52% July 16 July 19% July July 11 11 14 23 July 6 52% July 8 16 July 6 18 July 26 June 15 52 46 18 14 July 11% July 15 July 9% July 9% July 52% 16 Feb. 19 10 Feb. 21% July 23 40 July 31 12% Jan. 9 40% Mar. 4 Jan. July July July 40 23 23 25 18 5% May 22 67 June 5 23% July 7 70 July 12 19 Feb. 8 5% May 26 10% Jan. 2 38 Feb. 3 50% Feb. 26 42% Mar. 15 12% July 14 29% Jan. 28 41 July 23 37% July 21 12% July 14 21% July 9 July 27 1 10% July 14 July 14 8% July 20 8% July 16 17% Jan. 41 12 Mar. 31 July 27 9% May 18 12 7 8 8 3 2 1 Lincoln Printing Go com ...* 360 37% Sale 8% Sale • 2»740 Lawbeck Corp 0% cum pfdlOO 2,350 11% Sale 105 103 , 5 25,100 fKerlyn Oil Co common A..5 on 16% 109% 83% 85 i5% ..... 20 23 6% Preferred 3.450 3,550 1,650 9.750 8 June 18 June 15 2 23% 24% 21% Sale o8il91 Kellogg Switchboard com..I® 20 22% Jan. 28 Jan. Kalamasoo Store— Afi 9AO Capitftl 55.25U Kats Drug *tOCk Co com 10,300 7,561 June 30 July 8 20% June 30 July 5% July 1 52% 15% "3% 18 35 13 14 8% Sale 8% 9% 24 26% 21 13 June 7 1 28 July July July 18% July 11 18 11% 13% 12 12 23% July 70 July 15 July 5% July 5% July 40 34 35% 11% 20 19% 11% Jan. 90 32% Jan. July 37 18% Sale 14% 26 57 14 4% 24"" Sale * • -. .... 1,900 1,650 12% 46 22% July 68 July 14% July 5% July 3% July a7,* Sale 11 —-* 130 250 J July 29 10 July 14 20% July 12 35 July 8 21% July 23 40 July 31 7% July 17 35 July 31 12% July 26 z4% July 20% 37 35 5% May 15 July 26 May 19 24 May 1 8% July 6 77 <64 May Common (old)—.—....10 18,850 Illinois Brick Co 2f 20 MOO 8,300 19 35 4 40 Sale 38 40 July 26 July 29 8% July 6 18% July 35 July 8 20% July 2 34 July 2 7 July 2 31 July 2 10 35 1 (new) 26 14% 5% Sale 4 30 77 1,100 1,100 190 * 26 63 13% 15 5% Sale Sale 7% July 19 20 21% Sale 68 63 Houdallle-Hershey— 20 6% July 29 -July 26 ~5o" 15 % Highest Sale Prices 77 21% Sale 39% Sale 31% ... 100 , 22 Sale 30 Lowest Sale Prices 30 24% 9% Highest Sale Prices 46"" July *17 35% 34% 7% Sale Fits Simons Be Connell Dock 300 6% Sale 86% 26 8% 10% 18% Sale 33 Lowest Sale Prices Ask 25 25 11,900 Elgin Nat Watch Co 15 10 Empire Gas & Fuel 8% pf-100 20 7% preferred ......100 20 7 90 -XX- 20 23 July 31 Ask Bid Bid Decker 8,850 800 10 RANGE SINCE JAN. 1 Price Since • lv. CHICAGO 56 AGGREGATE SALES CHICAGO PRICES IN JULY _ July, Shares 410 Price . 450 1,000 ""*560 100 2,140 510 100 . Jan. 2 STOCKS 1,150 1,250 1,590 1937 * 2,760 Perfect Circle /The) Co 5 21,850 Pictorial Pap Pkg com 1 73,100 Pine* Wlnterfront com 1 17,750 Potter Co (The) com * 65,650 Prima Co common—„ 7,300 Process Corporation com...* 10,750 Pub Sort of Nor 111 com.....* Common ..........—60 2,100 t% preferred 1W 2,870 7% preferred........—1A0 1,990 16,035 Quaker Oats Co com........* Preferred w® 1,890 10 4,100 Rath Packing Co com 41,800 Raytheon M« Co com ytc 50c 33 28,600 25,990 190 30 4,750 6,100 21,150 6,800 16,200 3,850 12,400 1,710 27,750 1,900 2,000 400 A,650 200 950 •190 3,100 60 170 320 70 3,400 4,650 3,100 1,140 61,120 37,800 3,400 11,950 20,550 60 Sale 22 21„ Sale Sale 1% 18 5 5% 2% 1% 15% Sale 109 10834 23 H "2% 25 30 2734 Sears Roebuck Ac Co com. ...* 82 Serrick Corp cl B com 1 Sltfnode Steel Strap Co pf.30 29** '32H Sale 25% 30 2% 2834 36 Sale 2434 2534 Stein 9c Co (A) common.....* Storkllne Fur com 10 .... Sunstrand Mach Tool com. .5 Rights................... .——25 68,850 Swift Ac Co etk 15 43,700 8wlft Intexnadonal 6,050 3,750 . . 1,650 7,300 13,300 1,550 3,400 25 17,900 Thompson (J R) com 2 11,300 Trane Co (The) common 196,060 Utah Radio Products com..* 48,250 Utility 9c Ind Corp com..... 5 Convertible preferred .7 55,350 200 Utility Power & Light cl A.l """55 1,610 Viking Pump Co common...* ... 80 630 19,660 3,600 4,600 300 Wahl Co com..............* 41,330 Walgreen Co com........—i* 1,000 Ward (Montgom) Ac Co cl A.* 7 i960 Wieboldt Stores Inccom....* Cum prior preferred.. 170 ._* 1,100 11,960 95,050 2 39,050 Woodall Indust com 13,600 Yellow Cab Co Inc (Chic)..* 74,650 Zenith Radio Corp com.... * No par value, dividend, Williams Oil-O-Matlc com.. Wisconsin Bankshares-r Common —.—...—* 3,400 2,750 2,850 11,700 * Preferred.....———• c 5! 3 36 34 83 Sale 20 H 88 Sale July 30 July 15 July 12 July 8 11 31 31 30 23 H 2234 33 23 34 31 32 22 21% Sale 5 -5*-;*6H 105 93 85 Sale 434 Sale 18 6 . 20 Sale 25! 31 32 12 Sale 2534 2% Sale 5 Sale 4H 6 90 72 22% 5% 2% 24 109% 26% 30 13 6 19 14 13 29 7 8 23 17 29 July 10 7% July 19 July 1 July 20 % July 1 2% July 2 24 WV 90% Sale Sale 76 1734 17% 4% Sale 19 Sale 9% Sale 21M 20 "23 34 Sale' 95 July 6 90 July 1 72 July 1 1734 July 2 4% July 1 19 July 1 9 July 21 20% July 6 99% 91% 76% 19 1834 4% 19% 9% 2034 10 20% 24% 3234 23 July 3034 July 8 8% 22% 24 3% Sale % Sale 3 % Sale 5 34 38 % 2 Sale 25 34 Sale 136 34 138 41 7% 7% 8% 13 34 Sale Sale 10 25 34 14 34 % Sale 3934 July 27 3% Sale 143 2 July 2534 July 137 July 32 % Sale 20% 91 % Sale 8% Sale W Q 10 Sale 37 Sale 734 334 53a 334 434 June 12 Jan. 11 Mar, 16 Feb. 1 Feb. 3 Jan. 20 Jan. 18 17 $ June 25 70 June 9934 Jan. 12 99 12 12 12 June 11 114 Apr.; 20 122 109 121 18 4 Apr. 23 June 28 May 20 Jan. 5 1% June 17 1534 July 30 108 15 Jan. 12 111 Apr. 20 Feb. 11 3434 May 10 Sale 14% 25 Mar. 24 Jan. 21 234 July 29 Feb. 11 30 8734 Mar. 5 May 21 42 June 2J 2834 Feb. 15 81.. May 18 "188 June 18 2834 June 14 2 1634 Jan. 22 Apr, 9 ,24 17 21 7 30 23 21 15 7 13 31 9 29 Apr, 12 Mar. 11 95 1434 Mar. 31 35 40 26 Mar. 90 72 June. 16 July 1 Mar. 2734 Mar. Jan. Jan. Jan. Jan. 95 2 15% Jan. Apr. 2 17% May 25 9 May Jan. 6 9 8 2 2. 6 7 28 July 15 July 21 20 3 Apr. 22 5 1934 Jan. 5 7 May 22 95 July 6 107 June 11 Mar. Mar. 8 8 July 28 39% July 20 July 31 2834 Mar. 8 333a Mar. 31 734 July 19 1934 June 25 20 July 31 22% June 14 June 14 30 1534 Mar. 4 2634 July 20 434 Apr, 9 2 Jan. 25 634 Feb. 4 234 Feb. 26 34 June 19 234 June 17 1034 Jan. 14 20 Juy 28 39 Jan. 15 2 525 June 15 June 24 13534 June 2034 Feb. 19 91 July 8 "93" "July "16 834 July 19 6 834 July 634 May 18 7 1034 July 12 17 July 8 3834 July 16 June 14 934 June 14 1334 July 19 June 17 30 Jan. 11 14 2434 Feb. 23 40 Jan. 26 5 Jan. 4934 Feb. 2 156 8 734 July 29 9% July 20 1334 July ,19 3234 July 1 , 73a Feb. .1 334 Feb. 11 3634 Jan, 8 19 4 1 July 26 1 29M July 13 6 140, July 26 July* 12534 Jan. 18 150 Jan. 20 37% Mar. 12 234 July 29 7% July 10 91 Jan. Jan. Jan. 10934 June 26 120 c34 20 93 8 34 Sale _20" "July "28 3% 28 *40 20 16"" lOM "OH 3 40 4 34 3734 1934 26 a 22 "l§~" "2234 Sale" % July 31 n 23% 834 9% 20% Sale 334 „334 % Sale 2% Sale 23 40 145 4% 21% 32 3934 8% July 2634 July 3% July 1 July 4 July 5% July 17 30 % Sale 22! 39! 21H 131 1 1 July July July July 22 July 21M Juiy .Sale 35 89 99 1134 Sale 25 118 115. 2 1 1 1 23 6 13 14 88 12*"; Sale" 31 83 34 15 H July July July July July July July July July July July 37% July 25% July 95 July 13 %July 31 July 36 July 23 July 24% July 534 July 99 July 91 July 76 July 1934 July 5 July 21% Jply 1034 July 21% July % July 25 July 3234 July Juiy 2034 July Sale 1134 Sale — 115 July July July July, July July July July July July July July 36 2934 28 35 June 17 8 Sale Prices May 28 2 73 Sale" 50 550 700 6 15 70 25 % 16 34 Sale St Louis Nat Stockyards cap * Standard Dredge cony pref.* Common ——.——* July 15 July July July Highest. Sale Prices 30 May 14 74 • 7034 Common Lowest 80 11334 11434 10934 11434 11834 114 109 % 11234 Sale 13434 127% 129 (new)— Slryer Steel Castings com—* South Bend Lathe Wks cap 5 560 Sou Colo Power A common. 25 1,080 Southw G&E Co 7% pref.liO 2,060 Southwestern Lt 8c Pow pfd. * 34%. 5% July 8 5% 3% 2% July 1 3 July 30 3% 1% July 2 ; 2% 1% July 6 2% 72 July 1 82 3 3% 1% J™ 79 Co—.—* * Common 34 J* Schwltzer Cummins capital. 1 Sanftamo Electric Highest Sale Prices 6 6% preferred y tc_. 5 Reliance Mfft Co Common. 10 Preferred. ......—100 23,370 Rollins Hos Mills cony prof.* Common.................1 13,850 110 Ross Gear & Tool com......* 8,240 13,850 Ask Bid 50 Lowest Sale Prices 33 July 8 July 31 July 1 Par Shares 1,100 10,350 1,550 5.850 RANGE SINCE JAN. I __ STOCK BXOHAKOE Since Jan. 1 In EXCHANGE STOCK Feb. 20 8 15 2634 Mar. 10 93 June 4 1234 Feb. 1 12 Mar. 6 153< Feb. 19 ; 2734 Jan. 14 4034 Feb. 17 t Formerly the A. & K. Petroleum Co.; change in title approved by stockholders April 13, 1937. a New stock, e 60% stock dividend paid Aug. 15, 1936. x Ex-dividend, y Ex-rights. b Ex stock Stock split-up on a two-for-one basis, don therefore remained at a sufficiently high level to make (Continued from, page 18) it relatively remunerative British for hanks to increase "Accompanying the further realignment of French ex¬ their New York balances against sales of forward dollars change, the government undertook a series of measures pur¬ to commercial customers. Luring the past two years at suant to its decree powers to meet the strained financial least, forward operations in the dollar-sterling market position of the Treasury. Its overdraft facilities with the undertaken at the initiative of commercial concerns and Bank of France were increased toy 15,000,000,000 francs; others, and the resulting flow of bank balances between provision was made for revaluation of the gold reserves of New York and London, have been a growingly important the Bank of France, which were revalued to conform to the influence in narrowing the range of movement in the lower limit of franc devaluation previously in effect, and foliar-sterling rate. > for setting aside the franc proceeds of such revaluation in "With the advance in sterling, the Netherlands monetary a special fund to support the rente market; finally, steps authorities reduced their buying price for dollars on sev¬ were taken to increase Treasury revenues and to reduce eral occasions during July, and the guilder quotation in this market advanced from $0.5491 at the end of June to extraordinary outlays. * > "The sterling-dollar rate, after fluctuating within an ex¬ $0.5529% on July 22. The' rate thereafter reacted slightly, ceedingly narrow range in May and June, showed a further however, closing at $0.5515 on the 29th. The Swiss franc advance during the past month, thus resuming the upward also showed a small net advance during the month, while movement which 'had 'been evident in April. In the latter the Belgian monetary unit held close to its estimated gold part of July sterling was quoted in this market in the shipping point from Antwerp to New York." neighborhood of from $4.97 to $4.98 as compared with Change's in the gold holdings of the Bank of England $4.93% at the end of June, and With $4.88% early in April. during July were as follows: For the week ended July 7 The past month's rise was ascribable in considerable part a, decrease of £25,687; for the week ended July 14 an in¬ to the utilization by Japanese banks of a substantial por¬ crease of £59,89(2; for the week ended July 21 an increase tion of the dollar proceeds of gold shipments from Japan of £24,983, and for the week ended July 28 an increase to this country to purchase sterling exchange. of £136,759. I" addition, V" u unconfirmed market rumors to the effect that conversations Details of the gold movement to and from the Port of were taking place between the United States and French New York were outlined as follows in the "Monthly Refiscal authorities looking towards an interchange of in¬ view" of the Federal Reserve Bank of New York for Aug, 1: formation regarding the ownership of assets by their respec¬ "During June the movement of gold to the United States tive nationals in the other's market may have induced small continued in moderately large volume, although substan¬ . transfers of French funds from New York to London. The demand was for /sterling arising from these two sources chiefly responsible for the upward movement in the rate. "This movement led, in turn, to private purchases of dol¬ lars against sterling in anticipation of future commercial requirements. Owing to the comparative narrowness of the fluctuations in the dollar-sterling relationship over the past two or three years, commercial concerns having dollar re¬ quirements to cover against sterling customarily time their purchases of dollars to coincide with periods of temporary firmness in the pound. Moreover J commercial requirements for dollars to pay for autumn exports from the United States appear to be considerably heavier than in other recent years. For these reasons an upward rate movement In sterling of about 1%. during July led to a substantially increased anticipatory commercial demand for dollar ex¬ change. This demaiid operated principally through the for¬ • ward market, and the premium on forward dollars in Lon¬ tially less than in the previous month. Imports affecting gold stock totaled $116,200,000, of which $49,400,000 from England, $6,700,000 from Canada, $5,500,000 from India, $3,100,000 from Holland, $2,300,000 frpm France, and $1,200,000 from Switzerland arrived at New York, and on the West Coast $44,600,000 was received from Japan, $3,200,000 from Australia, and $200,000 from the monetary Hongkong. "These imports, together with approximately $1,500,000 of gold released from receipts from other foreign account earmarkings and net sources, resulted in an increase of about $140,000,000 in the monetary gold stock of this coun¬ try during the month. The Treasury's daily statement of July 27 showed $1,201,400,000 of Inactive gold' 'held in the general fund." Canadian exchange during the month ranged from a dis¬ count of 7/32% to a premium of 1/64%. (Continued on page 57) Baltimore Stock Exchange MONTHLY AND YEARLY RECORD .y RANGE OF PRICES ON BALTIMORE STOCK EXCHANGE AQQRBOATB SALES 1936 40,083 521,420 .Shares. Jan. 1 to July 31.. 110,341 448,428 Since Jan. 1 July Bond Sales Jan. 1 to July 31 RANGE SINCE JAN. PRICES IN JULY BONDS July I 1937 Ask July 31 Ask Bid Bid Lowest Ask Lowest Sale Prices "i",666 *103,500 3.300 1.000 10.000 900,000 221.900 B 5s... 40.500 ...........1975 6,000 Georgia Marble 6s flat...1950 17.000 Sale Prices 10334 June 8 10334 June 8 110 " July 119 8 119 "July" 8 Apr. 16 113 Mar. 22 116 115 700 4a Annex Improvement. 1951 2,000 City 4s 3d Sewer Set (cpn) '59 1,500 4a Sewerage Impt 1961 1,500 City 4a Dock Impt....#L19il Paving Loan 1951 3%* New Sewerage Imp.. 1980 Bait Co 3d school 4«a_. .1940 Atlantic Coast Line 5% ctfs.. Bait Transit Co 4s flat..1975 A 5s flat..............1975 Highest Sale Prices Highest Sale Prices May 12 116 May 12 Feb. 11334 May lUXJuly **26 11434 asx 45 K 102 3 3934 2734 Sale 47 32 Sale 10434 July "26 2734 July 1 3134 July 2 Sale 30 am Sale July" 26 16134 July 26 3034 July 23 3534 July 22 11 July 8 108 10834 10434 2734 3134 Jan. 15 10834 July 26 106 k July 1 4134 July 2 48 Jan. Jan. Jan. 15 14 8 Jan. 6 Mar. 17 May 3 7234 Feb. 11 June 29 104 93 Jan. 13 92 95 Jan. ... 99 6734 June Ga Southern 8c Fla 5s... 1945 4 119 6 119 Feb. 15 Jan. 28 115 Feb. 16 11434 July 26 114 300 4a 143,500 1 Price . 2,706 $316,400 1,797,600 $268,660 1,357,360 Jan. 2 BALTIMORE CITY BONDS— Bid $ 3,000 *%• Public __1940 1,000 1936 1937 July.... ^BALTIMORE STOCK EXCHANGE In * 1937 Stock Sales July.... 3 Interstate Bond Co coll tr 5,000 5% series BBB—._—1944-51 1,000 Knoxville Traction 1st 5s 1938 27,000 Read Drug ft Chena 5 4s. 1945 1,000 7,000 Shares STOCKS. Par 52,211 Arundel Corporation * 3,297 Atlantic Coast L (Conn)...5® 8,923 Bait Transit Co com v t c—„* 11,618 1st Preferred ▼ t c..._. * — 101K I—..10134 — Shares 3,678 .'■■■■ 375 648 839 5,040 Black gc Decker common....* 11,232 Consol Gas KLA Power....* 2,498 6% preferred It® 1,517 267 1,338 17,129 11,556 4,799 3,786 1,586 290 910 440 151 115 45 122 420 9,433 16 Sale 20K Sale 51 Sale Sale 21 Sale 52 2% ~~4% Sale 8 87 115 20 22 51 54 July 26 July 1 1% July 30 4 July 1 54% 4% Sale July 28 July 22 8 1 % July 5K Ju,ly 24 1 Preferred..'..............l Fidelity Ac Deposit........20 Fidelity ge Guar Fire Corp. 10 45% Sale ... 45H 123 44H 46 12X 12 X 663 Mfrs Finance 708 ""204 30 4,987 13 400 276 common v 130 38 13 64 June 25 5 Apr. 2 112 59 National Marine Bank 30 50,038 New Amsterdam Casualty. 2 489 Northern Central Ry......50 Sale 13 July 21 25 July 21 3K 20 X Sale 21X Sale 23% Sale 42 K ...... 45 52 95 90 21K Jniy "9 " Sale ""% Tx 26 K 5 72 273 53 74 3K Sale 13 % Sale 13 K 99 —- 28 50K Jan; 8 28 48 Jan. 6 Apr. 3 18 136 8 48 % Jan. 22 13 K Mar. 11 4 9 15 13 K Feb. Jan. Jan. Jan. June 1 July 14 "78" July 1 7 26 K July 6 July 7 14 % July 9 100 July 1 % July 78 July 26 45 132 ....... 15 19 5 Apr. 22 July 17 13 41 27 Jan. 25 K July 21 4K Feb. 3 70 Jan. 22 82 Mar. 45 June 28 29 July 30 Jan. 13 % July 97 Apr. May 44 i' K Jan. 27 7K Apr. 27 18K Feb. 104 Feb. 4 2 9 Feb. Sale 75 95 9 Feb. 10 15 17% 16 July 2 16 July 27 ..... 73 108 101 15 15 June Jan. Feb. 1,8 K Feb. 16 18 Feb. 42 74 ----- - 5,550 Jan. 22 Feb. 24 Mar. 13 Jan, 21 June 45 21 34 June 29K Jan. Apr. 24 16 Apr. 37 May 111K Mar. 17 Mar; 103 K Mar. "" ; Feb. 15 Feb. 25 Apr. 21 Mar. July 9 15 75" July "21 July 13K July 99 July X July 74 July Sale % Sale 22 Feb. IK July 33 45 98 K 3K May 11 38 Jan. 89 K Jan. Jan. 7 115 Jan; 55 Jan. 19 K Apr . 42 % Jan. % July 10 9K July 23 74"" July"~6 44 TlX 1 July 30 25% July 21 29 25% Sale 42 16K Sale 23 % July 30 25 11 14 3 % July 3 K July 28 3K July 28 3 Jan. 3 % July 3 1 Jiily 28 280 May July 17 275 July 17 280 Sale 33 2SX " July 1 July 30 1 Sale "3% Sale' July "Is 9 9% Sale IK Sale IK—-• 1 25 3 90 % 12 X Sale m% 204 Phillips Packing Co., pref.100 367 Seaboard Comm'l com A... 10 Class B. ............^...10 10 Preferred ..........25 70 74,559 US Fidelity 5c Guar 2 20 1,539 Western National Bank 13 12 K 25 26,470 Owings Mills Distillery ....1 1.507 Penna Water Se Power com.. * Preferred July 28 July 17 120 % July 38 K July 40 t.__* 4,372 March ge Miners Transp....* 5,733 Monon W Penn PS 1% nref 25 1,338 Mt Vern-Wood) Mills Conk 100 Preferred.^^^^,..^...... 100 3,034 25 6 30K 2 38 K 1 130 8 39 July June May June July 9 21% June 34K June July 9 July 15 119 X June 38 K July July 26 12 K Jan. July 1 12 K Jan. July 17 34 % July 127 % Sale ...... 1,915 1st preferred.......... .25 Second preferred........ 25 1,248 17,120 Mar Tex Oil................^,1 Common class A:.......... 121,446 28 Mercantile Trust Co.......50 541 25 K July ----- 120k Saio" 23 % Apr. 22 54 Mar. 4 3 Jan. 11 9 Jan. 20 Jan. Jan. IK 3X 3K 24K 25 21K >---« 122 Finance Co of Am class A...* Class B_. Sale Sale 26 26 " Sale" ~27% Sale" July"! 28% July 9 75 X Sale 66 % July 66 % Sale 1 77 July 26 113 K 113 113 Sale 113 July 1 113 July 18 46 13 Eastern Sugar Assoc com 7 Ga Sou & Fla Ry 1st pref..l00 2,824 Guilford Realty com.......* 306 Preferred...........,..100 67,703 Houston OU preferred....100 124 Humphrey Mfg Co com.....* 25 Preferred. ...........i..25 5,725 227 250 18 46 100 Benesch & Sons Co Inc.....* """570 - July 23 "§5"" July "23 July 8 10234 July 29 95 100 K 9 Apr. 14 9934 June 95 July 23 July 23 10034 Jan. 25 10234 July 29 99 95 28 35 % Sale 22K Sale 34 % 34 22% Sale 35 Sale 22% July 34 July 1 8 24K July""7 35 July 1 Jan. 1 10 5 No par value. {Continued from page 56) The French monetary situation continued strained during July. On June 30 the government was granted by Parlia¬ ment dictatorial powers to govern until Aug. 31 by decrees in order to meet the trying monetary situation. On July 1 a decree was issued revising the contract be¬ tween the French Government and the Bank of France and providing fQr advances additional to those fixed under the previous contract, not to exceed 15,000,000,000 francs. On July 6 the Bank of France lowered its rediscount rate from 6% to 5%. The 6% rate had been in effect only since June 14, when it was increased from 4%. On July 6 Premier Chautemps and Finance Minister Bon¬ decided to add 20% to all income taxes payable in France* in addition to other new levies on railway fares, postal and telegraph rates, sugar, and tobacco. The franc fluctuated widely during the month and on net July 22 moved to new lows in terms of sterling and the dollar. The London check rate on Paris was quoted at 135 to the pound, while in Ngw York the rate touched both quotations representing an 11-year low. On July 21 an agreement was signed between the French Government and the Bank of France whereby the bank's francs CONTINENTAL AND OTHER FOREIGN EXCHANGE • 3.71 ^4c., gold stock was revalued on the basis of 43 milligrams of gold to the franc, equivalent to 112 francs to the pound. As a> result of this agreement a special fund for the support of rentes serves set was available from up, consisting 6,000,000,000 francs of the gold re¬ of the "revalorization profit" of the Bank of France. The Bank's gold reserves had been carried since the devaluation of 49 milligrams to the franc. Oct. 1, 1936, at ^ On July 20 the Cabinet approved a series of. drastic de¬ slashing expenditures and designed to effect econo¬ mies. On the same date M. Emile Labeyrie resigned as crees Governor of the Bank of France and was succeeded by M. Yice-Governor of the Bank of France. In the final week of July French authorities became more Pierre Fournier, active in ^ supporting the currency in the foreign exchange - (Continued on page 63) RANGE OF PRICES ON BOSTON STOCK EXCHANGE 1937 Stock Sales Jan. 1 to July 31 AGGREGATE July Jan. 1 - 150 |BONDS 4,800 1,214 210 6,313 110 595 1,369 390 35 145 2,403 239 375 3,260 "2",675 """524 415 573 1,171 446 100 179 149 200 100 2,378 1,455 105 35 522 976 15 300 1,130 10 922 161 280 176 2,373 100 883 8,050 "8.511 " 1,463 39 855 12,192 """635 4,352 511 Boston ft Providence 13,774 Gillette Safety Razor Co 1,835 Hathaway Bakeries cl A 45 215 61 " 2,295 425 1.098 4,122 368 37,225 75 443 240 No par Sale * 58,249 1,208 20,496 6.266 19.907 4,492 5,673 43,556 7,822 51,606 (ale Royal Copper 26 i-oew's Theatres 35 Maine Central... 100 Preferred.... ..........100 Mass Utii Associates * v t c 680 Preferred. ......100 14,297 N YNHfc Hartford 380,609 North Butte.. 342 Northern RR (N H) 22,465 Cld Colony 50 25 Mach..IS Preferred... .....25 Utah Apex Mining .....5 Utah Metal ft Tunnel. ..1 ... 2 14 164* 108 128* 60* 25* 6 80 July 29 July 31 87 July 9 July 15 93* July 28 9* 17 18 16 103* Jan. 76 July 82 July 95* May 93* July 51c 28 104 29 89 31 95 17 101 28 101 Jan. 28 Feb. 23 Jan. 4 Jan. 7 Jan. 7 13* 4?* 14 Sale 8* 134 1 17* Sale Sale 2* 48* 2* 40 10* 4* 7* "Is"" 135* 21* 3 11* 14* Sale 3* 4* 37* 40 1* * 75c 60c 5 "3* 19 14* 18* 10 11* 37* 38* 3* Sale 56 % 140 10 91 2* 12* Sale 14* Sale 3 5* 40 * Sale 14 Sale til* 17 19* 21 53* Sale 3 3* 35c Sale Sale Sale 41 JA 42 40* Sale 18 25c 38c 43 44* 8 Sale * * 3* Sale 118 Sale 10 "85" 4* Sale 17 * July July July July 5 12* July 16 137 110 19 55c 27 Sale 36 Sale 30 10* Jan. 14* Jan. Feb. Jan. 10 May 40c June 4* June Jan. Feb. Jan. Jan. Jan. Jan. 40 8 1 22 40 1 14 70c 16 25* July July 50c July 25* July 3* July 15 July 19 July 53 July 3 July 25c July 41 July 7* July 1 4 16 318 9 20 2 57 3* 2 25c 2 44* 8* 29 15 3* July 23 July July July July July July July July July July July July 4* July 85 115 July 1 121 80 4 July July July 8 5 18 4 Jan. 7 Jan. 2 Jan. 4 Jan. 9 Jan. 2 Mar. 4 Mar. 11 June May May 1* Jan. May 3 May 10 June June Jan. 22 Feb. 1 Jan. 11 Jan. 2 Jan. 15 4* 1* 4* , 1* 110 20 21 55c 70c 29* 30* 36* Sale June June 35 Apr. June 22 16 222 Jan. 14 30 21 7 36 2 May 10* Jan. 8 25 2* Sale 25* 3* 14* 29* Sale 3* Sale 50 56 98 Sale 14 7 34c 27 35c 27* 89* Sale 41* 42> 1* n 1* Sale 1* 2 7 7* 131 16* 10* — 17 11 35 Sale 23* 25 2* Sale 12* Sale 19* Sale 1* 2 50 54* 40c Sale 45c Mar. 29 Jan. 18 Mar. 10 Feb. 9 2* May Mar. 41 July 3* July * Jan. 3* July 6 *53* Feb. 6 114* June Apr. Mar. Mar. Feb. 20 Mar. 10 1 Feb. Feb. 80 July 5* July 1* July June Jan. July 16* July 50c July 27* July 35* July 20* July 68c 19 July 55c July 31* July 40* July 8 8 1 26 8 Jan. June 18 July 16* July 50c July 25 31* Sale 87 Sale 38* 39* 7 23* 2* 12* 19* 1* 39 35c 36 36c 45c 31* Sale 87 40* Sale 41* 50 July July July 27 July 1 July 1 July 8 July 6 July 1 July 22 30* July 17 85* July 17 39* July 2 2* 13* 25* 1* Jan. Jan. 50 Name changed to Boston Edison Oo. ... Jan. 30c 9 12 25 20 9 19 18 May 21 Mar. Mar. Jan. Jan. 11 10 29 25 Feb. 23 Jan. 25* Feb. 84 17 11 11 Apr. 14 93* Feb. 34* June Mar. 36* Apr. 1* Jan. 7 1Jan, 23 June 1* Apr. 7* Jan. July July July July July July Feb. June June July 50 39* July 41c July 32* July 88 July 41* July 2 2 2* 2* Sale July 28 2* 1* 1* 2 1* • 1* 1* July 13 6* 6* 7 7* 127 131 129 125 134 July 23 129 14 11* 12 13 Sale 11* July 28 9* 7 * July 7* 7* 8* 9 2 38 36* 35* Sale 35* July 1 Apr. 2* 12* 17* 1* 18 Mar. Mar. Mar. Jan. Jan. Feb. Jan. Feb. Feb. 34* June 23 July July July Juiy July July 16 16 15 4 26 11 8 31 May 24 June 6* Apr. 8* July 24 20 Mar. Mar. Mar. 17 Jan. 8 3* June 108 18 7* Sale 23* 2* 3 13 13* 24* Sale 1* 2* 50 52* Sale 19 Mar. 29 Jan. 5c 14 4 5 Jan. Mar. 26 8 Mar. Jan. May Apr. 20 83 July 10 14 4 22 20 18 19 Mar. 39* June 7 3* July 12* July 24 15* July 21 2* July 11 July 14 July 11 15 19 Jan. 127* June : 19 12 12 Mar. June : 16 4 Jan. 13 Feb. 6 Feb. 10 55* June July July 25 23 8 8 30 5 30 8 Mar. 27 Mar. 0 35* June 2 May 39* July 10 July 5 Apr. : 8 July : 46 July 15 80 19"" Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. 11* Apr. 1 Apr. 21* July 43* July 8 6 Mar. 23 13* July 8 4 Jan. 130 May 3* May 6* July 63 July 48* July 2* July 41 July 11 July 5* July 8* July 48 July 35* 10 "3* 25* 3* Sale 15* 8* Sale * 4* 1* 70c 55c 22 3* 42 ex 26 Sale 58 25c 53 13* 139* 4* 15* 8 2 Mar. 101 15c 2 • 2* July July July July 20 15 4 Feb. Jan. Jan. 14 "17"" July"23 1 Jan. Jan. 14* Feb. 15c 15c 1H 25* 4* 18* July 12 July 11 July 13* July 10* July 13 July July 58 July 39 Sale July 2 July cA* Sale 39* July 10 Sale July 5 July 5* 8 July 8* 46 45 July 16 July 16* Sale 128* July 19 Sale July 41 July 6* 6* 61* Sale 43 2 40 2 49 Sale July July 159* June 107* May 128* July 60* July : 25* July : 5* Jan. 8* Jan. 5* Jan. 36 Jan. 9* June : 9* Jan. 12 Jan. July 28 10* July Jan. Jan July 2 14 75c 58 "6* 80c 16 12 Sale 14 July July July 172 *July 110 July 130* July 63* July 26* July 6* July 10* July 16 July July 9* July 13* July 10 July 11 July 11* 5* 1* 13* 1.00 3 July July July July July July July July July July 38 10 13* 133* 3* 3* 4* Sale 15 13* 75c 36 y 80c 2 Sale (New) Union Copper Ld & Min Co 25 Union Twist Drill 5 United Shoe Mach Corp 52 Ex-dividend, 76 82 63z Mar. 9,797 Waldorf System Inc.......* ......* 19,604 Warren Bros 2,018 Warren (S D) ft Co com x Highest Sale Prices .... Venezuela Holding Corp... 60 Venezuela Mexican Oil CrplO 70 Vermont ft Mass Ry Co...100 value, Lowest Sale Prices Sale 35 ISO Reece Folding Mach Co IS Shawmut Assn T G Stone ft Webster Inc cap stk. Suburban Elec Secur com..* 2d preferred............ 441 7,931 Torrtngton Co 9,190 22,465 9,246 30,919 3,535 32,345 290,491 2,983 Highest Sale Prices "15"" 12 15 13 18 Pacific Mills Reece Button Hole II* 12 14 Certificates of deposit Pennsylvania RR... Rights Quincy Mining Co Sale 132 5* Sale 65c 70c 3.50 100 110* its 22* 24 Old Dominion Co 9* 39* 10* Sale 15 Iff .... 9 12 20* 20* 14* Nat Service Co com shs t c 1 National Tunnel ft Mines..* 250 N E Gas & El Assn pref.....* 11,701 New England Tel ft Tel...ISO 100 30 New River Co com 26 9 Mayflower-Old Col Copper. 25 Merfenthaler Linotype * Narragansett Rac'g Assn Incl 109 130* Sale 61 60* 108 12 "i3~" 1 290 lnt'1 Button Hole Mach Co. 10 172* Sale 12 50 1 2* 16* 16 * Oil Co tr ctfs Sale 2* Sale * ..... 85c "39* "Io~" * 3,428 7,924 Helvetia Lowest 93* July 28 25* 6* 8* 6* 38* 26* Class B 10 1,416 Sale 130 Preferred........ 535 22,465 5,820 5,871 65,453 42,977 1,411 4,541 23,118 27,062 4,043 1,015 2,642 3.097 16 Sale 100 8,008 Brown ft Durrel Co common35 61,029 Calumet ft Hecla 824 Cliff Mining Co .......25 69,178 Copper Range Co 35 4,715 Bast Boston Co..... * 5,248 Eastern Gas ft Fuel Assn com 5,246 4*% Cum Prior pref...100 0% Cum preferred.....100 6,332 4,517 East Mass St Ry Co 100 First preferred 1,946 100 Preferred B 1,416 ....100 Adjustment 100 3,132 * 9,770 Eastern SS Unas, Inc Preferred.. 440 .......* 897 Economy Grocery 8 tores * 23,170 Edison Elec Illumination. 100 14,221 Employers* Group Assoc T C* 3.399 General Capital Corp......* 17 General Stockyards Corp pf .* 105 Georgian Inc (The) com * A preferred 20 1,471 * 6,770 Gilchrist Co 2,510 "2",580 95c Sale * non-cum Class G lot pref stampedlOO 1st pref class C .....100 Class D 1st pref stampedlOO 1st pref class D .100 Boston Personal Prop Tr * 282 2,345 78* Sale 82 95 95 Class B 1st pref stamped 100 Class B 1st preferred...100 57 470 76 82 89* 95 97 100 100 Prior pref .............100 Class A lot prof stampedlOO 1st preferred class A 100 628 131 83* 94 100 Ask Preferred 743 """540 77 * 87* Ask Bid Bid Sale Prices July 31 July 1 Ask 13,247 Boston Elevated 100 11,097 Boston Herald Traveler Corp* 1,683 Boston ft Maine pref stpd.100 Common 3,188 ......100 68 21 RANGE SINCE JAN. 1 pw Amer Pneumatic Service 6% Bid preferred 50 First preferred 50 Amer Telep ft Tele* 100 299 Bl*elow-8an Carpet pref.lSO 5, £74 Boston ft Albany... 100 110 993 550 1948 STOCKS 9,315 4,785 1,919 59,998 329 25,536 20,976 3,283 6,939 1,086 1,989 """412 * 1937 Series D 6s 4,500 Shares. Shares 266,060 — PRICES IN JULY $ 4,000 Boston Term Co 1st 3*a.l947 243,000 Knit Mass StRR SOfA 4*S 1948 Series B 5« 1948 85,700 Series C 6s 15,200 1948 5,100 July 31 Price Since 31,666 Jan. 1 to 1936 $64,200 920,600 Jan. 2 In % July 616,908 4,047,146 B08TON STOCK EXCHANGE SALES 1937 $36,260 Bond Sales 1936 362,820 3,997,217 Shares- July.. Mar. 2 Jan. 21 Apr. 21 128 29 Apr. 11* July 6* Feb. 301 35 9 Jan. 15 Feb. 11 Jan. 15 Feb. 5 RANGE OF PRICES ON July Jan. 1 to July 31 . In thorn 49 m mm m mm m 50 July 1 1937 900 UlaffeMI Bteel—• 10 Preferred -—.-.-.--100 3,965 itkiBMi Nat Gu Ootp ,—* 3,651 Preferred.... ...........I* 6,124 &rmtroof Oork Go.........* 69,692 Rights...... ............. 12,382 Biewdooi Co * *j 1,381 mW 400 3,267 660 Coneol Ice Co common 256 Preferred.... ..........Jt 531 Copperweld Steel........... 725 Crandall McK Ac Hend.. ....* l",652 10,792 23,132 5,566 14,779 41,153 3,218 1,680 1,292 9,128 353 30 pcef.....ltt '"**25 787 Penn Federal Corp common.. 136 Preferred.——••.*—100 7,700 132,700 Phoenix Oil com.........25c Preferred... ....i..—....1 22,090 13,935 Pittsburg Brewing ......* Preferred... 5,488 100 Pittsburgh Coal Co com....* 540 588 100 100 ■ 25 25 195 5,121 10,996 1,256 26,316 12,876 22 82 1,319 **553 35,105 250 650 Pittsburgh Forging* ..1 Pittsburgh Oil St Gau—...5 Pittsburgh Plate Gteaa—36 Runner Browing Go....—. 490 Reymer Bros common..... 1,965 Ruud Mfg ............. 116,000 San Toy Mining........... 112,717 8hamtock OU St Gas....... Preferred-. 4,146 160 16 preferred...... ... 176,084 Rights....... 4,130 Standard Steel Spring..... 7,626 United Engine Ac Fdj new 5,316 United States GUass....... 2,070 Vanadium Alloy Steel..... 51,058 Victor Brewing Co........ 1,511 Waverly OU A.—......... 16,107 Westlnghouse Air Brake... 3.643 Westghouse El At Mfg...... ... 3,000 4,809 ............. ""*"16 196 425 Sale" 31 1 1X . 2 Sate 2% Sale 5% 4% *93** "V7** Sate 11% Sale Sale 2 4% 25% 5c 4c JX 2 *2§% *23% 12% 13% 26% Sale 85c 4% July 20 11% July 1 5% July 15% July V «• 2 37% Sale Sale — — 63% 75 108 Sale 10% 13 10% 2% a\x Sale "60**::::: 107% 108 11% Sale 2% 2% 1* 6c 5c 15c 10c ...— Sale 34% 4% 36% 18% Sale 2% 13% Sate 12 14% 15 ~ Sale 16 86 18% 20% July 13 July 26% July 85c July 42% July 63% July 107 July 3c 1% Sale IH 4 6% 14 6% Sale 29% Sale 3c 2c 6% 13 115 23 7 VA Sale " Sale 6% Sale *34 3 95c Sale Sale 50 90c 4 .J.— 141% Me Mar. 20 18% Jan. 11 23 18 10 July 30 41 July 22 1.00 July 26 46% July 10 64 July 20 110 July 8 Ilk July Jan. Jan. Jan. Feb. Mar. Feb. ; Jan. I Apr. 16 3 13 14 Apr. 5 4 2 19 25% June 29 2 85c July 40% June 16 July 30 Jan. 30 Jan. 63% July 104 Apr. 10 26 10 June 15 1% Jan. 13 58% June 30 4 7% Jan. 28 5c 10c 4% 37% 2 122% 13% 15 July July July July July July July July July July July July 14 21 27 . 7 22 14 27 10 19 28 7c July July Jan. 16 Feb. 15 5 Jan. 11 Mar. 11 I Mar. June 17 7 Apr, 21 June 10 8c 5 Apr. 7 3% Jan. 2 35 Jan, 5 14 13 10c July 27 4% July 20 37% July 22 12 July 14 53 July 27 24% July 16 2 July 19 28 127% July 1 15% July 14 16 July 21 20 14 1 1% July 1 3% July 12 28% July *21 2 Sale July July 2c July 7% July 4 52 Sale 115 6 19 2i K3% July 50 90c July July 31 55% July 3% Ju ly 51July 26 1 95c July 6 July 20 45 July 13 155% July 23 34 July 46% July July July July 41% July 141% July 27 2 8 19 17 July July Jan. Feb. May June 15 June 90 Jan. 16% Feb. 18 % 1% 114% 12% July 27 6 Feb. 4 Mar. 12 Feb. 4 Mar. 8 Jan; 29 Jan. 29 9 Apr. 22 14 Mar. 11 17 July 18 23 14 53 June 16 6 Jan. 5 Jan. 6 Apr. 16 4 6 7 16 15% July 2c July 6 % July 12 Jan. July May 11 Jan, 30 Jan. 14 Jan. 14 Feb. 2 Feb. 9 July 14 27 5c . 5 Mar. 9 Jan. 25 Feb. U 20 2% July 14 66% July 30 8% July 7 6 July 6 6 June 17 Jan. 4 Feb. 8 Feb. 26 I Feb. 3 : "24" "July "21 Il5"" Juiy"l§ ~~2c "" 3c 15% 50 1*155 a 126 4** 44 95c 30% July 14 10% July 2 2 July 27 61% July 6 7% July 2 5% July 1 26% July 19% 2c 10% June 17 Mar. 10 5 1% Feb. "21% July" 13 85 26% Sale 1% Feb. 16 15% May 24 4% July 20 31% July *21 20% ...— Jan. 27 1% June 14 1% Apr. 27$ 8c 1% 17% June 28 26 6 12 1% July 12 21% Apr. 28 13 22% July " "7 23% Sale 90c 1.00 iiiii *13% 54% July 3 12 53 13% 2 7 July July 8% July 26 62% July 2 2% July 25% July 13 21% July 7 8 8% ::::: *95** 12 July 12 4% 32 4 35 July *50c *"I"* 1 May 26 Feb. 8 Jan. 18 Mar. 12 July 8 Mar. 10 July 7 Jan. 27 Feb. 25 6% June 11 8% May 11 *"!% Juiy""2 "3"" July" 19 11% Sate 7 % Sale 8, 8% July 23 54% 1% 23% 21% 6 *' __ 30% July 4% Mar* 39% Feb. 13 May 26 25c W mi • 1*135 Highest . ..... * Sale" "20% *21% "20% "2l" 3,358 Plymouth OU Co. ..........5 3,225 3 Preferred.... ..........100 Pitts Screw At Bolt Corp.... • Pittsburgh Steel Foundry..* 263 Preferred. ..........—100 726 1,276 16 19 14 Products..........* Pollantfbea Bros -— ..... 18 Electric *59% Sale* 50c 2 Ouquesne Brewtng„.—.6 7,347 2,661 410 2,955 Th 11"'' 18 84,209 Lone Star 'Gas.—.--———-*1 44,003 McKinney Manufacturing..* ......5 4.289 Mesta Machine 156,436 Mountain Fuel Supply 55,580 Nat Fireproofing Corp com.* 1,000 996 275 365 2 % Sale 4,275 Koppers Gas Be Coke pref.lM 107 7,746 \ Sale Prices Sale Pricn Mar. 4 108 % Jan. 12 Ill , ..... 3% ..........It * Devonian Oil Port Pittsburgh Brewing...! Barb-Walker Refrae coos...* 492 Jeannet Glass preferred 731 Highest Sale Pricn - 112 Duff-Norton Mfg Go 1*883 Ask 110% 8% Sate 10 10% 18,331 Columbia Gas It Electric...* ill Lowest Lowest Sale Pricn July 31 Ask Bid Ask Bid Bid • 215 Byers (A M)———— 10 Celorizing preferred....—25 167,482 Carnegie Metele. .......... . 1 155.460 Rights.———— 635 Central Ohio Steel Prod....* 14,717 Clark (D L) Candy...... * 22*058 -■ STOCKS Shorn 69,692 788 $4,000 • , Price BONDS « 12,000 Pittsburgh Brewing 6s—1949 * ' Jan. 2 Since Jan. 1 July . RANGE SINCE JAN. 1 PRICES IN JULY PITTSBURGH STOCK EXCHANGE SALES I ~ — • AGGREGATE 1936 1937 Bond Sales 225,828 July....... jli.--: 1,641,716 Jan* 1 to July 31....$13,000 127,087 1,649,065 Shares PITTSBURGH STOCK EXCHANGE 1936 1937 Stock Sales July 19 May 11 June 15 2 July Jan. 11 Jan, 2 16 18 30 i Feb. 10 June 17 May Jan. 14 I June 15 i May 13 5 Jan. 28 ! Mar* 3 Feb. 13 4 July May 12, Jan. Jan. Jan. May 27 ! Feb. « I Feb. 23 i Mar. t Jan. 22 8 UNLISTED. 20 361 * 445 Lone Star Gas 4%% pref.lOt ...» 6,012 PenntoadCorpvtc .. No par value . % Ex-dividend. 112 112 3% July 16 4% July 8 111 Feb. 20 Apr, 29 113 3% June 21 5% Mar. 8 ;;:■ '* MONTHLY AND YEARLY RECORD (\;; . v , ■m? PHILADELPHIA STOCK EXCHANGE RANGE OF PRICES ON '•iV ■V 1937 Stock Sales Jan. 1 to : July 31 1937 $38,700 367,641 July Jaii. 1 to July 31 286,436 3,194,814 1936 $24,600 Bond Sales 1936 • 211,891 a3,193,458 .......Skates July 1,046,300 • '"■AA ■■ v AGGREGATE i" In * BONDS 307,500 Elec 9c Peoples tr ctfa 4s_1945 Small Bonds..........—. 1,000 4,000 Pa 3**s w 1 1952 125,000 Peoples Pass tr ctfs 4s—1943 500 Phila Elec (Pa) 1st a f 4s,1966 1st 5s 1966 3,600 25,500 Ask 11** 10 13 Ask 12** Ask Bid Bid 11 Sale Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices : July 31* July 1 1937 Bid % % '• Price Jan. 2 Since Jan. 1 July RANGE SINCE JAN. 1 PRICES IN JULY PHILADELPHIA STOCK EXCHANGE SALES July 9 ■ 21 8 12** July 1- . "2l" "24** "16" "19" " 15 18 " mm im m mm '.♦» a* •* ** * mm mm it* * *4 m «•>'. m m mm w mm !I5** ill** 2,000 Phlla Elec Pow Co 5**«..1972 10 May 18 16** Mar. 29 13** Feb. 4 13** Feb. 4 108** Mar. 29 108** Mar. 25 Mar. 13 18 May 11 21 110 Jan. 4 110 Jan. 4 7 109** Jan. 21 110** Jan. 1 110** Jan. 5 lllk Feb. • ' Shares STOCKS Shares 1,843 24,439 26,789 4,841 1,312 :■••• 265 American Baldwin 25 ♦ Locomotive... com. 3,748 ""770 3,459 bell Tell Co of Pa prof.. ..100 Budd (E G) Mftf Preferred Budd Wheel Co.... 69 2,194 44 2,281 320 358 :■< J • 3,032 , 2,263 18,385 6,716 ""214 ""569 r 971 1,230 70 7,116 76,605 3,650 18,674 9,883 vte Pennsylvania RR._.......50 48 505 931 : 7,752 * 653 • No par. ' 44"" Sale' 62 M Sale 94** July 34** 35>* 139 38 .08 39 112 66"" 124" 02 32** Sale Sale 2** Sale 3 ** Sale 11** 11** 4 ** Sale 40 A Sale 9** Sale 3 ** Sale 35?* Sale 10** 18** ..50 Reo Motor Car Co........... .......1 .* Corp . ..... o 27** 11** Sale 3** Sale 37** Sale 6, 12 ** 2 32 31 33 6J* Sale 2H 11** 13 5 20 Sale Sale ...... 3 Sale 33** ** Sale 1% Sale 4% Sale Sale 43*1 44** 15** Sale 111** Sale 6>* 35** July 4** 5 7**; 8 1** Sale 10** 12 14** 2** 1 2 1 12 July 4** July 40** July 174** July "24 175** July 26 8 7 15 Sale 67** 29 X ** % 15** 39** 16** 40** 38 32 5 8 1** I* Sale 30 A& a 2* 1 4% 5 4** Sale 36** 36 12 Sale 103 Sale Sale Sale 4** Sale 6 Sale 40** Sale 14** Sale 108** Sale 60 62 60 12** 15 10** 11** 9** 12** 12 13 11 14** July 39** July 67** 29** ** % 6 July July July July June June June Jan. July June Feb. 13 2 134] 9*4 6 12 July 102** July "li** July "29 9** July 21 12 67** July "2 32** July 30 H July 15 7 1 July July July July July July 8 July July 13 26 27 26 29 15 Mar. 3 Feb. 11 Jan. 18 Feb. 11 Mar. 4 Feb. 18 Feb. 16 Jan. 21 Jan. 16 Mar. 17 June Apr. June May : 3 Feb. 13 June Jan. 16 3** June 35** July Apr. 5 June Mar. 17 Mar. 11 June 9 164*4 Jan. Feb. 26 Jan. June Feb. June Apr. 14 Apr. 13 Feb. I Feb. May July 4** Jan. 12** Apr. 27 Jan. 11 x3S % Mar. 19 65*4 June 30 29** July 29 June 30 9** Feb. 18 Jan. 2 45** Jan. 14 "32 Mar. 15 6 76** Jan. 5 32** Feb. 1**. May 12 1% Mar. 1 20 7** 8** 46** 10** June 15 17** 102 June 30 114** 60 Apr. 12 66** 14** 9** Apr. 11 9** Feb. 16 4** June 28 4 33 June 13 Jan. 29 i Feb. 3 ; Feb. 5 June Jan. 2 I June ■ 15 July 26 4** July 4*1 July 36** July 18** July 40** July 62 10 6 1 9 Apr. 2 10 32] 69 Includes 647,269 rights. 94** 9** 33** 48** 21** 115** July 13 108 325* July 27 24 33 July 30 8 4** 6** July 8 7** 95* July 1 ** July 21 8 12 9** July 110** July 31** July 33 July 5 5** July 8** 7** July 1** July 1% 12 10** July 114** 116 66 9** 87 7f* June 29 8 37** July 57** July 21 23 July 29 120 July 27 110 32 33** July 12 105 July 26 102 9 7** July 9 13** 16** July 7 1* 2H July 26 3 2* July 9 3** 32 Sale ----- 40 32 ** 31 July' ; 9** July 3 ** July Mar. Mar. 3 127** Mar. 12 June 17 14** Jan. 12 Feb. 9 88** Mar. 31 May *32 Mar. Sale _..._...* Preferred Ex-dividend. 35 116** July July July 110 July 32 July 102 July 8** July 14** July 1** July 2** July 8** 14** Sale 12* Sale 2 ** Sale 9** 18 22 23 32 43 112 9** July 49 £ 2% 110** 2,656 Westmoreland, Inc 2,565 Westmoreland Coal x 114J* Sale Mar. 17 45 11** July "7** July" 98** Sale 10** Sale 34** Sale 50** Sale 25 June 26 June 29 31** July 115** July Mar. 17 37 July 28** 28** 30** 31** 113 July 113** 114** 115** 116 7** July 10** Sale 7** Sale 174" 175" I75" Sale Salt Dome Oil :'' June 16 16 26** Feb. 17 8 159** June 29 187** Jan. Jan. 30 4J* June 28 11 25 31 ~7** "8" 10 7 26 12 37 33 116" 117"" 24 West Jersey 9c Seashore RR 50 ""608 Sale 18** July 172** July 6** July 16** July 165** July 5 July 20 37 160" 165" . 30,273 5 6 Phlla Elec of Pa $5 pref Phlla Elec Pow pref .50 35,232 Union Traction 47,262 United Corp common ._..* Preferred 5,314 ■267,427 United Gas Impt com.......* 2,352 4,276 33 5*| Penna Salt Manufactur'g.50 Penn Traffic com 2** 1,380 Tacony-Palmyra Bridge....* 47,902 Tonopah-Belmont Devel... 26,864 Tonopah Kilning..... 1,300 1,582 36** Sale Rights Scott Paper new Rights 893 Sun Oil Co :,K 59 ! Light....... Pennroad Corp 11,424 Philadelphia Traction 2,259 615 Nat"I Power & 25 * 740 Phila Insulated Wire 50 12,167 Phlla Rapid Transit 7% preferred ..50 7,960 2,750 Phlla 9c Reading Coal 9c Iron* 2,586 10 20,707 Lehigh Coal Ac Navigation..* 8,492 Lehigh Valley ......50 25 4,955 Mitten Bank Sec Corp Preferred.... 25 40,807 16,715 242,590 76,945 628,495 1,554 13,300 6,076 24,292 36] 123] 12] * common 500 Horn 9c Hardart (Phlla) com.* Horn 9c Hardart (N Y) com..* Preferred 347 ..100 240 A7/* 20 40 9** Corp.............5 4,512 Curtis Pub Co common.....* 27,446 Electric Storage Battery....* 10 72.074 General Motors 795 Gimbel Bros ' Co V 20,846 Chrysler 5,908 9** Sale 16** 18 171** Sale 17 ** Sale 166** Sale Ilioo 11,855 "l"914 9** :::so Bankers Securities pret. ...50 10 Barber Co 17 153 26 !Iioo 185** Sale 7(,324 2,968 10,861 18,993 1,093 Vs."-:. Par Stores American Tel & Tel 6 Bankers Securities ' 17 June 11 Feb. 11 Jan. 14 Jan. 14 Jan. 16 Jan. 14 4 Jan. 4 Jan. Feb. 10 : Stock Sales July RANGE OF PRICES ON CLEVELAND STOCK EXCHANGE ' Bond Sales ,1937 :; 1936 1937 Shares 41,713 ^ ^ 53,883 July 396,199 393,924 Jan. 1 to July 31- 1936 —- Jan. 1 to July 31... AQOREQATE SALES In July CLEVELAND STOCK EXCHANGE Jan. 1 PRICES IN JULY Shares 115 Jan. 2 STOCKS Par. Shares 610 805 950 Amer Coach & Body—.....* 321 Apex Electric & Mfg * 571 Preferred..............100 80 Canfield Oil 7% cum pref 100 346 1,627 City Ice Ac Fuel * Preferred 1,241 7,141 Clark Controller new 1 1,686 Cleveland Builders Realty..* 19,027 Cleveland Cliffs Iron pref * ? : 1,523 182 859 Clev El IU $4.50 cum pref 564 1,886 5,347 1,805 91,097 5,345 1,073 120 I 11,111 • 383 Ask 22 14)4 Bid 34*" July 31 Ask Bid 20 —w* 26 14)4 rJtf 17 lOH 20 16 10)4 20 11 20)4 16 July 10 July 18)4 July Lowest Highest Sale Prices 9 2 2 Sale Prices 17 July 7 11)4 July > 9 12 20)4 July 40~ 18 Jan. ~20H 17* ISK 86>| " Sale 3H 6 86^ 88 ; 110 60 60 87 34 3)4 94 106 111 67 Sale 44)4 Cleveland &: Buffalo Tran..* X 34 H Sale 30 X 31 18 July 84 June 10 July 1 13 June' June 9 30 17)4 June 29 1 84 June 32 Jan. 5 3)4 July 7 32 40* 39)4 55 Jan. 26 Feb. 20 July 12 Feb. 6 Jan. 5 Feb. 17 Feb. 18 June 15 1 32 July July 9 7 4 • < July 4 3)4 July 95 88 1 95 July July 30 108 1 107)4 July 27 105 July 42 48 July 29 July 44 July 20 July 7 X July % July 7 1 Sale 37)4 July July 12 Sale 52 July 15 55 July 23 32 Sale Prices June 23 30 96 y 34 * Highest Sale Prices 16 July 9 June 29 10 102 Cleveland Rjrs 10f Certificates of deposit. .100 Cliffs Corporation v t C • Commercial Bookbinding-..* Lowest Ask 98 H 100 ......... 150 July 1 1937 Bid 1,356 Air-Way El Appl let 7% pf 100 4,278 Akron Brass Mfg common...* """315 RANGE SINCE JAN. 1 Price Since 85 June 25 103)4 June 42 July 44 July )4 Jan. 32 30 June 1 40)4 Feb. 10 8 Mar. 102)4 Mar. 30 112 29 63)4 20 13)4 12 4)4 1 9 Jan. 8 Jan. 20 Jan. 20 Mar. 24 June 17 50 Mar. 22 54 May 24 Jan. 4 w 26 186 Dow Chemical 5% pref.. .100 2,904 Blec Controller As Mft......* 1,861 Faultless Rubber .....* 112)4 902 480 910 Federal Knitting Mills _....* 27 M 14 115 , 122 4,059 Foote Burt 125 Fostoria Pressed Steel 79 ....* Sale 113 112) 823 90 27 25 85 8634 25 26 24 29 28 25 27 15 14 15 14 July July July July July 14 113 13 87)4 19 26 < 8 31 6 16 July 31 July 22 July 28 July 19 July 26 68 Feb. 117 95 24 July 30 27 14 June 112)4 May June * 100 1 ' 5 229 Goodyear T & R 2d pref 281 Great Lakes Towing......100 125 """345 3,668 10 85 Preferred ...........100 Greif Bros Cooperage ......* 5,459 Inter lake SS . 3,070 910 410 V 250 595 35 3,614 Preferred 185 ; 100 347 65 600 776 51 • 13)4 20 16^ 60h 33 Sale 11)4 Sale 19)4 Sale 43 H Sale 8H Sale 7K ..........100 S M A Troxel Manufacturing...... 1 Union Metals Mfg Co.......* ..........I Van Dorn Iron Wka Co com.* Vlchek Tool ..—......* 70 48 43 Sale 40 8)4 6 85 Drug..........* ..100 100 6)4 Sale 97 5)4 Sale 2)4 a 1)4° 29)4 59)4 3H 55 17 16 26 3 23 24 23)4 6)4 Sale Sale 18 3334 6)4 Sale 45)4 Sale 5 5)4 41 13 33 Sale Sale ; 34)4 9 17 H 9)4 8* 13* 3X 3H 17" "19"" 22 25 84)4 89 105 112 114"" 47 7 49 6)4 Sale 55 Sale July July July July July July July July July July 24 " July 48)4 July 15 July 62)4 July 33)4 July 25)4 July 13 July 22)4 July July 20 July 47 July 44 July .vS* July 78 July 4)4 July 78 July 1 July 10 22 14 14 2 14 15 23 9 14 16 6 24 6 28 27 July 10 6)4 July July 5)4 July 2)4 July 17 July 1X July 29)4 July 95 33 . 6)4 15 16 July July July July July July July July 16)4 July July 7)4 July 48 July 7 July 59)4 July 15 July July July 9)4 July 6 July 11 July 3)4 July 23 July 105 July 6 July 15)4 July 10)4 July 7)4 July 11 July 4 July 26 July 105 July 23)4 6)4 44 5)4 38 34 7 July July July July July July July 34)4 Sale 7 14 6 14 15 July 4 30 July 28 59)4 July 19 10 July 27 6)4 3)4 25)4 1% 57 10 13)4 9)4 Sale 6 6)4 10)4 11 3)4 3H 3 25 25)4 8 96 6 15 24 v 34 , 24 2 8 20 21 20 12 July 29 21 13 7 14 20 14 22 22 1 June 22 11154 June 24 Feb. 54 Feb. 11* 60 26 May 19 30)4 Jan. 46 June 11 50 June 29 104 12 July 12 56H Feb. 1 > i- 18 6 7 13 Apr. 12 5 73 37 23 May 12 30 Feb. Jan. 14 27 Jan. 9 13 7 June 15 7)4 June 14 18)4 June 16 41 Apr. 28 40 3s Jan. 6 Mar. 9 Mar. 12 79)4 Apr. 58)4 Mar. 3 Feb.' 1 Mar. 9 Mar. 22 Jan. 18 Mar. 8 Jan. 4 60 7 Jan. 13 22 Jan. 26 May 15 6)4 July 31 95 Jan. 22 8 13 22 8)4 June 14 26)4 Mar. 23 Jan. 4)4 June 30 15 35 30 12)4 Feb. 19 99 Jan.- 5 Feb. 10)4 Mar. 4)4 Feb. 25)4 July 2)4 Feb. 30)4 Feb. 67 Mar. Feb. 6 10)4 May 7 14)4 June 16 20)4 Mar. 3 23 34 5 4)4 June 22 1)4 Jan. 4 11 Jan. 19 1)4 Apr. 27 29)4 May 21 44 6 June 16 3)4 Jan. 5 44 July 19 5)4 July 6 38 July 2 13)4 July 2 32)4 Feb. 10 6 15 July 21 July 20 8)4 Jan. 23 Feb. 9 19 Jan. 34 May 13 9 Apr. 13 tar. 25 Mar. 1 Feb. 13 4 Jan. 2 July 90 Jan. 5 > May 4 * 24 9 June 13 3)4 June 30 17)4 Feb, 3 18 1 20 15 24 6 7)4 Mar. 3 57)4 Mar. 8 9)4 Apr. 2 64 Apr. 14 6 01 ■ May Jan. Jan. tv ;.v--v Mar. 25 Apr. 9 Jan. 9 24 Trading suspended. r 10 June 100 •! i 8 Feb. II* 9h 22 14)4 15 15 9)4 Sale 15"" 17 24 16 8 12 10)4 16 6)4 Sale 39 17 31 154 29)4 60 10 Warren Ref Ac Chem com....2 a 21 98 Sale 25 H Jan. June 22 50 ..... No par value, 22 7)4 "23)4 • Patterson-Sargent. Peerless Corp............ 3 Rlchman Bros.............* Selberllng Rubber.........* 673 W RI Corp pref 85 Yougstown S & T pref 23)4 11)4 10)4 7)4 20 7)4 75 ...100 15 7,560 Weinberger Sale 12 June 29)4 Sale Packer Corp Upson-Walton 60 32 4)4 74V.!* 20** 24H Corp common.......! 244 Stouffer Corp A.. * 1,021 2,217 15,694 12,530 4,035 11,667 60 40 Ohio Brass B._.............* 270 Ohio Confection..........-* Preferred 12 32 61)4 32)4 25)4 Sale 53 99 20 35 ..... ........ "12)4 Sale" July 14 48)4 July 14 43)4 2,316 5,579 20,088 17,058 7,570 4,344 2,066 1,343 1,401 17 Preferred.... ..........100 Nestle LeMur "A" _• 491 Nineteen Hundred Corp A..* 315 150 4 25 50 V 2,510 ;s 4,874 615 19)4 48)4 24 48 933 446 125 26 43 41 ............ 17,081 National Tile 9,664 National Tool.......... 20 1,770 2,219 Preferred June 25 1 June 24 9)4 Sale Monarch Machine Tool Co.. 327 . 40"" July "9 111)4 28)4 ....... 12.064 National^Reflnlng 1,270 9 5l" 19 3,624 Murray Ohio Mfg.......... 87 July 56 29)4 1,238 Miller Wholesale Drug...... 110 40 47)4 Lima Cord Sole & Heel..... 107 """32 40"" "48" Sale 24 ... 1,286 21)4 July 53 .............. 4,928 McKee (Arthur G) B_. 6,462 Medusa Portland Cement... 7.649 Metropolitan Paving Brick.. 7 21X July % July 1 — Kelly Island L Ac T 495 McKay Machine 268 750 350 25 40 ; 15)4 ....... 21 21)4 July 633^ 27 Lameon Sessions........... Leland Electric 22* Jan. 33 56 H 7,390 Jaeger Machine............ 5.406 20,507 6,543 2,845 37)4 iol"" 105" ............. 776 459 30 39 31 Preferred 338 Hanna (M A) $5 pref........ 7,279)4 Harbauer.. m 21H Sale 46 526 Halle Brothers......!...... 305 102 4 3 8 4 Feb. 23 Mar. 104 May 75 Gen Tire Ac Rubber 6% pflOO 100 General Tire & Rubber.... 500 Rights , Jan. Jan. Feb. i Jan. 5 4 June 21 July 22 May 5 Detroit Stock Exchange MONTHLY AND YEARLY RECORD DETROIT STOCK EXCHANGE RANGE OF PRICES ON AGGREGATE 1936 I 277,119 Shares July 419,320 I Jan. 1 to July 31 In Since Jan. 1 STOCKS 1,050 3,350 9,215 Par 460 1,937 601 1,673 4,310 240 1,358 100 925 1,900 485 200 1,050 39,091 157,408 2,943 2,927 6,965 12,237 27,738 3,953 Ask Bid 1 * Baldwin Rubber common... 1 Bohn Aluminum & Brass...5 Bower Roller Bearing—...5 Briggs Mfg Co common .* Burroughs Adding Mach...* Burry Biscuit Corp 12 He Capital City Products .* Chamberlin Metal Weather 14 254 154 1454 43 45 2] 11 Allen Alec & Equipment 154 9J4 Sale 154 Auto City Brewing common. 52" "54"" 3354 3154 Sale 7 1754 14H 1454 Strip Co common—......5 Chrysler Corp common.....5 Consolidated Paper com—li 9,390 13,360 5.681 10,074 1,030 2,717 44 41 22 254 1 Crowley, Milner At Co com..* Cunningham Drug Sts..2.50 458 Delsel Wemmer Glib com..10 Continental Motors com.... li* 37 3954 2354 454 1654 39 30 1354 9454 19 97 27 454 17 19 6 11 Safe* is™ 254 4 54 Highest Sale Prices 254 July 22 254 Feb. 18 254 July 23 1 July 23 954 Jan. 5 3854 July 6 2854 Apr. 28 2754 July 21 5 July 12 2254 June 30 454 Apr. 2 15 Jan.y 8 35 23 Feb. June 14 20 Mar. 12 40 June 17 1554 Feb. 19 Feb. 27 47 33 July 20 5654 Jan. 14 Jan. 21 754 Mar. 8 9 15 10754 May 18 13254 Mar. 254 ^ 120** 116** 125** 454 Sale 3 3 July 22 154 July 1 1454 July 14 4054 July 7 33 July 20 43 July 9 254 July 23 1 July 23 1254 July 2 3854 July 6 2954 July 9 43 July 9 2654 July 15 454 July 1 July 254 July 14 1 2054 July 29 14 254 May 13 3 2054 July 29 July 7 July July July July July July July 19 June 17 23 July 2 July 9 July 20 119 254 July 19 5 July 1 6 654 July 24 2054 July 1 2454 June 10 Mar. 23 3 Jan. 22 18 1854 July 28 254 July 1 18 254 54 11254 254 254 Sale 454 454; 454 2 254 Sale Sale 8 Lowest Sale Prices ....* 1854 20 254 Sale 7 854 2354 9 112 Highest Sals Prices 16 117 115 1854 27,759 Detroit & Clevel Nay com..10 63,376 Detroit Cripple Creek G M..1 2.682 Detroit Edison com .....It* 300 Detroit Gray Iron Fdy 1 34,178 Detroit Mich Stove common. 1 21.261 Detroit Paper Products.....) 23,730 Detroit Steel Corp com—..5 870 Detroit Steel Products.....* 47"" 45 4054 2354 Sale 2354 254 Sale 2 9 Sale 17 1554 114 23 112 IK Lowest Ask Ask Bid Bid Sale Prices July 31 July 1 1937 Shares Shares RANGE SINCE JAN 1. Price Jan. 2 July 4,646,094 ...Shares 3,038,198 PRICES IN JULY DETROIT STOCK EXCHANGE SALES 1936 1937 1937 Stock Sales 5 Feb. 10 1154 Mar. 4 2554 Feb. 15 2554 Apr. 6 _ 3 54 Mar. 22 June 30 54 Jan. 4 % May 20 7 110 June 15 14554 Jan. 354 May 24 254 July 19 11 Feb. 3 3J4 June 17 2 22 7 28 19 8 12 29 990 1,346 2,065 975 5" 145 836 3,240 1,181 2,919 2,502 20.012 16,255 1,230 43,211 Eaton Manufac'g Co 48,630 280 400 1854 19 Gar Wood Industries 7 common—..* com...* Federal Screw Works com...* Prankenmuth Brewing com.l 1 836 Fruehauf Trailer Co com federal Mogul 2,659 1,127 ..10 25.350 Hoover Steel Ball com 4,158 Hoskins Mfg Co common_2.50 253 Houdaille-Hershey class A..* Class B ...* 4,502 2.596 345 700 ""675 "lM'O 1,075 3,431 2,977 521 1,880 2,511 3,971 3,733 1,118 1.554 9,07, 65: 3,672 1,220 3,168 1,055 12",583 28 24 305 30 1~485 354 1 454 1654 1754 "454 "5~~ 2454 Sale z25 154 Sale 4 454 154 Sale 2,. 154 1 Micromatlc Hone Corp.....l Mid-West Abrasive com 50c 254 254 68.013 42,218 6,779 22,098 108,923 6,492 25,791 48,067 46,299 49,937 5,541 100,322 3,590 Motor Wheel com.........5 .10 Murray Corp common Muskegon Piston Rg com 2.50 .. 23 1654 1954 18 2054 1754 1054 20 11 1354 Sale 854 Sale 3654 37 - 12 ,* ..IS Standard Tube Co class B...1 Stearns (Frederick) com * 7,749 157 Preferred 6,951 Union Investment Co com..* 13,831 United Shirt Distributors..* 6,921 U S Graphite Co com.....10 201 U S Radiator com new a com Deferred delivery sales, 854 1754 954 2754 18 Sale 11 7 3454 Mar. 16 June 17 754 554 Sale ..... July 2 % July 1 4 54 July 6 % July 21 22 July 8 365^ 3754 854 6 2454 15 4 54 854 4 554 454 554 5 23 99 July July July July July July July July July "July 17 6 19 2 for cash. % July 7 July 24 1054 July 29 8 3654 July 30 6 7 654 July 22 454 354 July 26 25 Feb. 9 18 15 254 Feb. 18 2154 July 24 1954 Feb. 1 43 Mar. 2 2954 Mar. 15 554 June 2 70 Feb. 11 454 Jan. 22 254 Feb. 18 8 26 15 15 2 20 Feb. 7 11 22 Jan. 18 25 Apr. 13 Feb. 1 2254 July 20 Feb. 28 2 July 10 July 31 7 41 1 2754 Feb. 11 June 17 July 7 July 24 July 20 July 1 July 30 *4 July 10 July July July July July July July 20 22 7 22 16 July July July July July July July July July July 13 23 22 28 31 13 1 13 6 6 954 454 654 554 554 22 26 2354 July 8 99 July 24 1054 July 20 8 July 22 3754 July 15 7 July 21 454 July 8 Feb. 13 2 154 Feb. 13 854 Feb. 9 May 19 154 Jan. 2 18 2954 Jan. 8 June 21 954 Feb. 2 June June 15 Feb. 6 154 June 17 July 19 22 June 28 Apr. 2 254 Feb. 13 July 10 Feb 3 June 15 July 28 June 4 Feb. "l*"July ""6 354 354 3 54 3754 2054 1254 1654 23 June 28 254 July 10 54 July 7 154 July 12 July "7 "2454 July "23 10254 July 12 10954 July 16 654 July 6 554 July 26 454 Ex-dividend. Jan. 1154 Feb. 18 Jan. I "8~"July "19 6J 23 • r Sold 23 9 21 8 May 454 June July July May 1654 154 554 54 2454 5 4< 9 654 Jan. Jan. 954 3954 2654 1754 854 July 754 July 1154 14 June 17 "24" "22" 110 112 654 15 20 6354 Feb. 19 May 14 37 98 2354 654 July 27 554 July 6 July 654 July 454 July 154 July 4 54 July 954 July 19 July 2254 July 56 ..1 6% preferred new.......50 100 10,146 Universal Cooler class A....* Class B • 43,475 632 Universal Product 25 38 5 Sale 120 Sale Feb. Jan. 25 July July July July July 1 July 454 July 954 July 1554 July 20 July . 3754 IS 100 Timken Axle com 1154 June 17 July 1 2554 2654 x25 154 July 1 154 Sale '64 July 19 2 2 July 9 4 54 July 6 54 Sale 154 July 28 154 154 1754 "I""'July "6 54 754 "354 354 "254 July ""7 254 July 6 3 254 354 July 30 354 Sale 3254 July 16 3554 38 20 2354 2054 July 16 1254 July 15 1254 1354 13 July 2 1654 17 99 5% cum part pref ...100 10 182 Sutherland Paper Co.... 365 1354 July 21 2 Jan. <454 Sale 854 Sale "4 4K 454 Sale 654 654 554 554 5 554 454 Sale 554 554 5 54 Sale 2754 2854 2754 2854 754 7 54 5 Sale 2654 2154 2654 22 Prudential Investing Corp.! R#o Motor com 5 Scotten Dillon com "15" 4 5b Peninsular Metal Products. 1 - j 25 "1454 Pfeiffer Brewing Co com....* common 29 21 Parker Wolverine Co com...* W) & Co 354 26 * River Raisin Paper com 754 254 254 3554 Parker Rust Proof com..2.50 Rickel (H 1 3454 Packard Motor Co com. .._.* Parka Davis Ac Co 54 54 1 Moore (Tom) Distillery Co 1 Motor Products Corp com...* 154 Sale 5 Sale % Sale 23 2354 1154 July 7 40 '1654 Sale" 454 5 54 Sale Lakey Fdy & Mach common.1 21 July 7 July 24 15 554 5154 554 354 19. 3554 Feb. 2754 Mar. 10 July "26 2054 July 31 "154 23 10 19 11 154 June 18 2054 July 31 554 5654 IPs V' 16 Feb. Apr. 28 754 June 17 Jan. 7 1554 June 26 654 June 18 1754 July 22 8 July 24 Jan. 1954 13%site* 54 No par value, 18 July "Is 654 July 16 '1654 10 28 20 28 2154 Sale 42 Kingston Products Corp....l 1 Kresge (S 8) Co com ....10 450 890 610 * 5 554 354 %!■■< 454 954 1554 Sale 1854 20 1854 110,218 Tlvoll Brewing Co common.1 600 4 154 12 10 Kinsel Drug Co com 5,937 3,185 Sale 6 54 54 • 8,583 McClanahan Refineries 135 554 554 Sale 4854 4954 1,620 Mich Steel Tube Prod....2.50 48,932 Michigan Sugar com.......* Preferred...............10 2,834 ~ 154 2054 36 com..l • 2,855 Mahon (R Q class A pref 128.672 Masco Screw Products...... 1 Rights 45,463 6,700 McAleer Mfg Co com........* 1 156.294 McClanahan Oil Co com.. 12,165 .35,515 50.262 3,787 7,417 25.742 12,701 154 2054 1354 Sale 36 4054 Hudson Motor Gar.........* 10.936 754 22 ... 230 Home Dairy class A........* 672 13,229 45.463 2654 1754 32 com...3 Gemmer Mfg Co class A.....* Class B ..* General Finance Corp com.l General Motors com ...10 Goebel Brewing Co com 1 Graham-Paige Motor com..l Grand Valley Brew common.! Hall Lamp com............* Hurd Lock & Mfg Co 1854 "154 ""154 40 4,355 9,215 2,750 2,463 2054 1654 6 Pederal Motor Truck 33,488 239,451 40.351 79,364 19,431 22,921 6 25 8 1754 1554 ...3 Er-Cello Corporation 6,723 53,328 86,686 64,482 76,626 23,879 10,705 5 22 654 654 2054 Sale com—4 Eureka Vacuum Cleaner....* 835 6,133 7,429 3,945 9,647 1,925 8 554 June 28 1854 Jan. 11 5354 Apr. 9 33 6,007 18 13 Mar. June 14 Mar. 9 Mar. 11 Jan. 23 Jan. 20 8 June 29 254 June 17 2054 Apr. 28 1054 June 28 13 July 2 5 15 14 10 154 754 454 454 1 June 29 29 Jan. Jan. Feb. Feb. 10 3754 July 22 26 Feb. 17 2054 Feb. 11 215a Jan. 8 June 1254 Feb. 18 June 4454 Feb. June 28 Feb. 2 Jan. 19 Feb. 10 554 May 22 ; Jan. May July 13 Feb. 654 Jan. June June June Jan. June July June 1054 June 25 7 May 26 2454 June 15 1554 Mar. 16 2954 Mar. 15 6 Jung 28 354 July 26 3254 Feb. 16 19 4 954 Feb. 18 554 Feb. 11 6$4 Jan. 22 Jan. May May May 3 35 Mar. 4 1054 Jan. 25 27 L03 Feb. 8 Mar. 10 3754 Jan. 22 2854 Feb. 9 L09 Jan. 20 10 Feb. 19 12 Jan. 18 Feb. 5 "" ~ Feb. 13 Mar. 10 Mar. 1 Feb. 1 Mar. 25 Feb. 17 Aug., 1937] AQGREOATE SALES DETROIT July Jan STOCKS 1 July 1 1937 Shares 978 Walker 8c Co class A "l"I06 Bid ! 10 210 Preferred. July 31 Ask Bid Lowest 28 5% 4% 4% 1% Sale 2% 6 % H 12 % 14 13% 98 99 Highest Lowest Highest Sale Prices Ask 30 5 30 28 * Class B • 12,616 58,285 Warner Aircraft Corp com„.l 52,623 Wayne Screw Prod com__„„.4 27,150 Wolverine Brewing Co com..! 2 6,469 Wolverine Tube Co com 3,470 1,816 1,600 RANGE SINCE JAN. 1 Price Jan. 2 Since Shares 63 PRICES IN JULY STOCK EXCHANGE In STOCK EXCHANGE DETEOIT Sale Prices Sale Prices Sale Prices "_4%July "7 1 July 4% July % July 14^ 25% Jan. 11 4% June 14 "5% July "22 1% July 12 4% July 23 % July 9 2 14 12 June 1 i 4% July % July 29 Mar. 20 7% Jan 02 1% Jan. 19 7%; Feb. 8 2 14 2 99 ' % Feb.! 24 117 Young (L A) Spring 8c Wire.* 2 18 * Feb. 10 99 "99"" July ""7 '§§" "July "7 103% Jan. July 7 100 -* May 44 100 13 Feb. 26 ♦ 5 44 • Feb. 26 Unlisted Dept.— 220 7,170 229 190 1,759 Amer Tel 8c Tel Co 3,121 Borden Co................35 427 475 American Radiator........ 856 Borg Warner Corp 3,036 739 , 290 5,385 437 765 2,004 833 1,625 85 Corp * Consolidated Oil Co........* General Poods Corp........* Sale Sale 3 16 15% Sale 36% Sale 627 17 36% Sale' 19% 40% Sale This accomplished to the French control designed to support franc futures. Be¬ fore this time the various equalization funds had operated only in the spot market. In two heavy withdrawals of gold at the end of June and in the first week of July the French equalization fund took from the Bank of France approxi¬ mately 8,500,000,000 francs. On June 25 the Bank of France total gold holdings stood at 54,859,163,636 Auriol francs. The Bank's statement for July 22 showed gold holdings of Paris cable transfers sold at 3.83% @ 3.85% on July 1 and at 3.74%@3.75 on July 31. Belgian exchange was exceptionally steady in July. The ruled close its to estimated gold shipping point from Antwerp to New York. Belga cable transfers on July 1 sold at 16.84@16.84%, and on July 31 at 16.83@16.83y2. Italian lire lira rate Cable and fluctuated held was transfers Rome on 5.26% @5.26% only steady by sold slightly during July as the the rigid control at Rome. at 5.26% @5.26^ on July 1 July. in The Reichsbank statement for the first quarter of July showed an increase in gold and bullion of 34,000 marks; for the second quarter an increase of 43,000 marks, and for the third quarter an increase of 43,000 marks. The Reichsbank statement for the third quar¬ ter of July showed gold and bullion at 69,074,000 marks as compared with 73,952,000 marks a year earlier and with 806,785,000 marks on Dec. 31, 1932. The Bank's ratio for the third quarter of July stood at 1.64%, which compared with 25.8% on Dec. 31, 1932. The so-called free or gold mark was quoted at 40.09% @40.15 on July 1 and at 40.23@ 40.25 on July 31. Exchange on the countries neutral during the war was generally firm in July. The Scandinavian units moved in close sympathy with sterling. Swiss francs showed a slight net advance during the month. of the Finance and Customs On July 6 M. Meyer, head Department of Switzerland, reported to the Federal Council with respect to the further devaluation of the French franc. He stated that this step had effect whatsoever no Holland the position of the Swiss unit. were extremely firm throughout the guilder strength developed immediately after tripartite agreements of last September and October. The month. the guilders on There was a constant Netherlands gold ders at the inflow of gold end Dutch funds had to Holland, and the holdings increased from 669,000,000 guil¬ of September to more than 1,245,000,000 guilders by the end of July. In June it was a before the close of July, and there was some evidence of renewed interest in American securities on the part of Dutch investors. The international trade of Hol¬ land, both import and export, showed remarkable improve¬ ment in the first six months of the year. Conditions in the Dutch East Indies were vastly improved, so that busi¬ there ness heavy assumed increase in boom proportions. Dutch colonial This resulted in investments. As able colonial developments had a marked effect in improv¬ ing the position of the guilder. Guilder cable transfers on 55.18. Cable transfers on July 1 and 25.66@25.67% Exchange on on on Sweden July 31 were at 55.17@ 25.48@25.50 on the South American countries Exchange vided a for stood that the agreement did of ments credits metal the would be to peso ex¬ especially firm. Buenos Aires Argentina's favorable balance of trade for the first six months of the current year amounted States. It 26 2 under¬ was earmarked ship* but that gold and dollar New York for Chinese in account. had the month the Japanese super-party headed by Premier Prince government completed plans for Fumimaro Konoye drastic financial and economic a to be submitted to a special session of the Diet. planned to revalue the gold reserves of the Bank of Japan at a price 10% below the world price. It is be¬ lieved that such a procedure would enable the government to show a book profit of 800,000,000 yen, of which 200,000,000 program It was would yen 000,000 be used yen for the repayment of loans for the establishment of and 600,exchange equaliza¬ an tion fund. It was frequently asserted in Japanese official quarters that the yen would continue to be pegged to ster¬ ling at the rate of Is. 2d. per yen. The London silver price on July 1 was 19 15/16d. and on July 31, 20 l/16d. The Hongkong dollar was 30.22@30% on July 1 and 30.62@ 30 13/16 on July 31. The Shanghai dollar was 29.64@ 29 29/32 on July 1 and 29.47@29 25/32 on July 31. Yen checks sold at 28.73@28.77 on July 1 and at 28.98@29.00 on July 31. COCOtOtOtOtOtOtOtOtOtOtO»->l-*.-'Ml~'l-'MMl-i|-u •-'Ocooo-4Csoi4.cotoi-'Scooo-jcs©i4.coioi-*ccoco.40ien4.eoiOM i i i i ■ i • i i 1 1 i i • i i I 1 » » I l 1 1 l 1 1 1 ■ 1 II l • t 1 i i i i i i i ii i i i i i i ■ i t i i i i • 1 i 1 1 II t <«l« : i II 1 1 I I 1 I l I 1 • t I I II l 1 1 1 1 » I 1 1 t * II i . i i i l 1 t t 1 • t l 1 l » l 1 • I 1 l l • 1 l | III ■ II | i I l • l I I I 1 4* if. if. 4. 4. • it. rfk if. i fill I (J;, if. i i I i i i i i i aaaaaa if. |U If. if. If. If. i i i i i III i 4. 4. 4. 4. 4. bbbbbb _4. if. 4. 4.4.4. bbbbbb bbbbb CSOSOOOOOO-f bbbbbb 7 | i 1 i it i i « l II -4 OS OS OS OS OS Ol Ol Oi Ol Ol aaaaaa 4. If. 4. If. 4. 4. aaaaaa 4. 4. 4. 4. 4.4. a a a a a 4. 4.4. 4. 4. 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Ol 22 1 If. 4. 4*- 4. 4. 4. 4. 4. 4. 4. 4. if. 4. 4. bbbbbb„bbbbbb„, bbbbbb bbbbbb bbb CSOSGSOSOSOiOOCnOl—JOO—IC5GECSOIOIOIOIOII04.4.C04.4.P0JC0COC0 o» 0 bbbbbb^bbbbbb^bbbbbb^bbbbbh.r^bbb wcs®®^i-4i^®a"j4-4-4®^05®C20io50si^encn4.o»4.rjf^oswco 01 wi vt 4.4.4.4.4.4. 4.4.4.4.4.4. bbbbbb bbbbbb Csi 4. OS <35 OS Ol bbbbbb 4. 4. 4. 4.4. if. CD CO CO CO CO 4. W W CO CO &&&£ aaaaaa 4» 4^ 4. 4. 4. ^ aaaaaa ^ 4. ^ 4. 4. aaaaaa 4. 4. 4. 4. 4. 4. a a a a a 4*1 4.4.4.4. bbbcobb bbbbbb co co b b b 4. 4. 4. 4.4. Csi OS OS-4-a OS OS OS Oi Oi Ol Ol £*£**? W^OI CI 01.' ' th i.'V 5! 51 5 ' '"v. " 1 4.4.1^ bbb co to to '8 S.SL2. CO CO CO I 4.4.4. cs«f b bbb Ol 4. 4. If. 4. 4. 4. J^J^-^1^1^4. „ £££££ Oi en Cn Oi Cn bbbbbb OS OS OS OS OS OS 1 cn 4. 4. 4. 4. If. 4. bbb 4. 4. 4. 4. if. b bb b bbb 014. 4.4. 4. CO CO CO co II2- bS • * was that 16% Jan. not contemplate actual China, co co co stated r'll 21 %fJuly June purchases of silver by the United oscnoioiosos Argentine 55 23 Jan. June new tobbbbb The July Mar. 10 Jan. 18 Jan. 28 Feb. 9 Mar Feb >. 25 Early in July papers were signed Chinese-American agreement which pro¬ sales of gold to China and for commensurate completing OSOI-4-4-40S dispatches Apr. 26 the Far Eastern countries moved in close on if. 4. 4. 4. 4. 4. only for 4 68 24 *24 26 June June June sympathy with sterling. bbbbbb • June May Apr. market in milreis ranged between 6.55 and 6.75. OS OS OS OS -4 OS made that the gold was to be used May range was between 30.20 and 30.32. The official rate on Rio de Janeiro was between 8.71 and 8.90. The unofficial United States established was Jan. 18 17% Mar. 11 44 % Feb. 4 Official quotations for exchange on Buenos Aires ranged 32.93 and 33.22 during July. The free market in a $60,000,000 gold credit for Brazil exchange for dollar balances held by Brazil. The pro¬ 10 May 27 $61,500,000 for the corresponding This export balance, the highest in X was steady during July. Early in the month the United States Treasury Department entered into an agreement with the Brazilian Finance Minister whereby the viso Apr. June Feb Jan. Jan. between CSCSCSOiCSCS July 31. and inclined to firmness change stabilization. June a the monetary systems of the Dutch East Indies and the home country show the closest possible relationship, the favor¬ July 1 sold at 54.94% @54.96, and 29% 186% 27% 47% 4% June similar period in Argentina's history, was achieved despite a 24.3% increase in imports, which rose from $179,700,000 to $223,070,000 for the first six months of 1937. noticed that tendency to leave the New York market in favor of London and Amsterdam. However, this move¬ ment ended „ Toward the end of The German mark situation presented no new features of importance earlier. a year June July July July July July July July July July July July July July July July July any July 31. on 17 21% 12% $246,700,000 against period 48,859,557,060 francs. rate July July July July 11% July "12% Sale' chiefly foy operations of 19% 21% 42% 19% 36% 15% 19% 40% Sale* Standard Brands Inc...... was 4 Sale' (Concluded from page 57) market. 38% Sale Corp......5 National Dairy Prod Corp..* 7,654 Sale 22 Nash-Kelvinator ...100 22% 172% 24% 46% 3% 16% 61% 669 Purity Bakeries Corp.......* 12,924 Socony-Vacuum Corp.....35 1,592 16 July July July July "3% Sale' Hupp Motor Car Corp 1 Kennecott Copper Corp....* Kroger Groc 8c Bak Co.... N Y Central RR 20% 164% 23% 44% 171% Sale ..5 com Commonw 8c Southern 23,059 9,187 2,669 8,329 5,425 6,188 22,914 6,153 14,498 166% Sale 4. 4. 4.4.4.4. 4. 4. 4. 4. 4. 4. bbbbbb bcobbbb -4-4-40S-I-4 OS Ol -4 —4 -4 OS 4. 4. 4. 4. 4. if. co co C& €b bbbb CD O) CD ^ 4.4.4. bbbb bbb Oi Oi 4. 4. Ol 1^4. CO co |bf S ® O a" » to i San Francisco Stock Exch. Illf ;■ : MONTHLY AND YEARLY RECORD if ■, •y. V,.: ; ' Jan. 1 to July 31 AGGREGATE Bid , Ask 105% 109 102% 105% 103 105% 36,000 Atlas Diesel EngCo 6s.—1945 12,000 Calif Gas & Elec Corp 5%jl937 "i",666 2.000 Calif Packing Corp 5%..1940 1961 12,000 Calif Water Serv 4% Langendorf Un Bak Inc— 3,000 6%% .....1941 8,000 Market Street Ry Co 7s..1940 2,500 Pacific Gas 8c El Co 6s—1941 20,000 JRy Equip & Rlty Co 4H&1946 1952 2,000 S J Lt & Pt Corp 6% 2,000 105 14,000 fUnion Oil Co Cal 4%.__1947 500 6% 1942 |l STOCKS 340 7,076 y 2,071 2,653 4,575 V 95 3,246 1,999 , HU ;; 104 102% 103 102 117 101 128 20 Bank of Calif Nat assn caplOO Calamba Sugar Estate com 20 Preferred.... 20 559 m ...100 .... % 1 * » cap 13,418 El Dorado Oil Works cap.. J* 36,681 Emporium Capwell cap.... Preferred ..50 7,968 12,380 Emsco Derrick 8c Eq Co cap.5 812 Ewa Plantation 30 190 1°° 510 730 10 • 1,148 249 423 i 4,778 414 ■■■} 4,698 145 100 1,684 842 10 10,420 22% 23% 36 22 23 293"" 325" 11 12 46 60 38 21J 233 22% 21% 24 16% Sale 38% 39% 12% 15 11* 58 Sale 62 37% 40 93% Sale 34% 48% 49% 4% Sale 17% 18 Sale 43 40% 41 5% 5% 5% 320% 375 320% 18% 18% Sale 96 96% Sale o9o* 6 375 Sale Sale 10 18% 42 40 19 Sale 25 IS* III 23 16% 16% 39% 15% 50 55 40 15 52 35 38 38 40 58* 40 81% Sale 84 ;!>" 85 81% 40 40 51 42 53 "52% 20 21% 17%. 18 21 22% 22 24 24% 26 Hawaiian Pineapple........5 Heme Fire 8c Marine Insur 47% 49% 36% 38% 39% 41 41 44 39 41 Sale 37 25% 38 35 27% 26 28 29 31 17 Langendorf United Bakcl A Class B 17% 2% 6% 20 "18% 3% 7% 22 50 No par value, 132 Feb. 110 Feb. 115 May 21 July 15 5 July July July 9% July July July 21% July 8% July 22 22 14 12 22 July July July July July July July July July July July July 23 2 14 21 22 24 23 26 23 16 20 8 19 1?% June 16 Jan. 5 Jan. 7 June 29 June 15 7 16 20 June 30 June 24 Apr. 5% 49% 15% Sale 34 39% 20% Sale 7% Sale 49 n* ft 1* 1! 20 233 y4% 5 8 July 23 Jan. 4 May 20 2 July May 14 May 14 Jan. 6 May 26 June 22 Jan. 4 June 29 May 26 June 30 25 * 80 40 *53"" July"24 2 56 16% July 9 37% July 15 22% July 23 18 July 2 26 July July 19 9 July 23 8% July 12 July 9 o>4 July 20 20% July 19 July 2% July July July 12% July 12% July July July July July 105 July 22 July 31* » n * (capltal)2% common 12 35% July 12 Libby McNeill & Libby * LockJHeed Aircr Corp com_.l Magnarox Co Ltd 86% 22 7 4 la ® if } 2* 15% Feb. 25 .55% Feb. 6 31% Feb. 17 7% Mar. 4 25 Feb. 8 !14 July 14 10 Feb. 34% 32% 23% 12% Mar. Mar. Mar. Mar. 05 Jan. 46% 1% 53% 48% Mar. Jan. Feb. Feb. 52 Apr. 06% Apr. 99% Feb. .03% June 25 8 12 15 11 13 13 31 15 25 2 13 20 3 22 Mar. 19 12% Feb. 20 56 Mar. 5 .06% Mar. 27 32% Mar. 8 42 39 July 27 28% July 20 30 July 27 if* * too Jan. -5 46 6% 8 28 325 29 25 28 108% 17% 24 22 59 12 16% June 24 39 June 15 15 May 5 49% June 16 36 June 21 Mar. 12 Jan. 24% 47% 19% 60% Mar. 12 Mar. 3 Mar. 11 Jan. 7 42 16 13 25 7 17% Jan. 4 July 16 June 14 Jan. 19 Jan. 4 Jan. 4 6% Apr. 8 15 July 14 21 May 5 35% June 18 June 29 57% Mar. 31 5 34% 48% 14% 36% 18% 29 Feb. 22 Mar. Mar. 1 2 40 Mar. 4 70% Feb. 11 18% Jan. 29 1 41% Mar. 31% Feb. 28 8% Apr. 14 22 Feb. 13 23% Jan. 15 53% Jan. 18 2 37 28 July 16 May 25 44% Mar. 29 Jan. 32% Mar. 27 12 36% Jan. 2 4% Feb. 3 May 17 May 17 5% May 17 8 20 June 14 July July July July July July July July July July July July 23 2 16 17 13 8 30 14 22 29 12 July July May June Jan. Jan. July May May 2% 37% 30 10 9% 5% 1 % 1% 20 7 10 16 5 12 21 Feb. 23 21 19 8 Mar. 12 27 Jan. 4 25 11 Mar. 10 Feb. 16% Jan. 25 Jan. 27 4 45% Feb. 19 Apr. 13 42 \f Feb. Feb. 20 21 21 28 Mar. 11 Jan. 7 Feb. 17 30 Jan. 22 14 Jan. Jan. 17 June 14 .03% May 26 22% June 30 20% June 26 8* 28 38% Jan. 20 ——.....100 9 June 29 9 June 29 Second preferred....... 100 6 Mar. 30 6 Mar Preferred t Removed from listing May 28, 1937. . . .. ... ^ ■ .v-7 ' ■ -.1, V' '77 Apr. 16 40 5% July 20% July 19 28 Apr. 13 96% Jan. 2 12! Jan. lis®? 3 3 June 29 ■"2% "July "17 20 2) 2 6 40 2 37% 28 13 13% 1 5% 30 1% 14 7 2 8 105 1 27 Apr. May June 16 47% Jan. 18 ...» B 53 40 35 Jan. 5% June 320 Apr. 16% June 94 July 9% June 36 June 20 29 13 23 19 8 17 8 37: July 16 27% July 2 30 July 27 Leslie Salt Co capital -...I* Le Tourneau Inc common.10 Lyons-Magnus Inc A 18% 40% 16% July July July July July July July 5% July 18% July July 14 24% July 9 39 July ' 6 2% 6% 20 24 15 Sale 2% July 16 July 1 July 6 July 28 July 19 July " July 55% July 15% July 37% July 20% July 7 July 7% 16 11% 42% 39% July 21 16 100 July 30 July 12 July 20 July 6 July 6 July 17 July 17 July 6 18% July 28 19 7% 6% 324% 19% 5 5% 20 44 49% July 21 90,253 Merchant Cal Mach Co com 10 1,180 Market St Ry Co prior pf.100 K.r, 50 102% Jan. 21 Jan. 214 39% July 5% July 324% July 18 July 94 July 9% July 38 July Hale Bros Stores, Inc. cap..* Hancock Oil...............* Magnin 8c Co (I) "Preferred... July 24 22% 18% _io 9,567 1,750 Hutchinson Sug Plant cap. 15 10 • 102% Sale 36% Sale 55% 56% 15% 15% 36 38% Preferred 175 10% 46 36% 900 Honolulu Plantation cap..20 * 570 Hudson Motors Car Co 16,230 Hunt Bros. Packing com...* 18,551 5,807 8,773 66,697 14,452 82,768 2,775 4,883 85,150 7,640 9% % 49% 46 37 35 35% 51 51% 50% 100 103% 101 Q9 89% 98% 102% 104% 103 97 94 115% 9% 10% 9% 41% Sale 43% 104 107% 105 20 Go of Calif capital... 10 3,391 3,637 HenoluluOUCrpLtd eap new* 1, ; 7,715 3,305 22,056 103% 88% 112% U4% 42 39 92% 33% 35% ...... > 100% 36% Sale 61% Sale 13% 14% 36% 36% 18% Sale 7% Sale Preferred ..* 10,941 36,847 Gladding McBean Co com..* 95,453 Golden State Ltd cap......* 414 3.787 29,008 IS 48% 4% 18% ......._ 1,524 2,300 2 20 1,581 Fireman's Fund Indent cap 10 6,860 Fireman's Fund Insur cap 25 90 First Nat Corp of Portl cl A 19,961 Food Machinery Corp com .10 10 23,413 Foster & Kleiser com Class A preferred 25 3,122 Galland Mercantile Laundry common (capital) 2,000 ..10 31,512 General Motors 36,233 General Paint Corp com 1,237 86% 1 ...... ~4",7l8 103 34% 80 Crocker First Nat Bk SFcaplOO 550 Jan. Industries 64,220 CrownZellerb Corp com (new) Preferred (new) 11,683 36,107 D1 Giorgio Fruit Corp com. 10 Preferred 100 4,548 10 Sale 47* ...100 stock 25 60 101% Apr. 102% Mar. 118 June 23 26 27 Sale 34 California Packing cap:. • Preferred— .......50 Chemical 101% Apr. 7 100 Apr. 26 114% Mar. 19 102% Jan. 4 131% Feb. 13 102% Jan. 29 115 May 26 130 130 140 25% 208 90 30 Mills cap...100 Calif-Engels Mining Co California Ink Co Inc A.., Preferred 101 June 3 110% Feb. 18 10134 June 16 102% Mar. 16 7 104% Jan. 103% Apr. 4 Jan. 21 101% Mar. 18 105 7 12% July July 21 July 16 12% July July 24% July 4% 4% July 15 July 18% 208 214 July 7 8% 8% July 29 30 July 27 28 July Sale 21% July 7 8 July 100% 36 33% July % % July July 49% 49 July 37% 35 52 50% July 103% 102% July 95 100 July 106 102% July July 117% 114 10% July 10% 46 41% July 107 105% July 11% 120 Sale 7 Cftlaveras Cement Co com— • Calif Cotton 119 210 8% Sale 8% 27% 27% 27% 26% 26% 27% 22 22 21% Bishop Oil Co ...5 Byron Jackson cons cap....* 7% preferred 10234 July 26 102% July 26 11% 11% 150 15 201 9,340 1,765 3,067 5,051 770 875 100%' July~l3 166"%" July" 13 117 119 4 5 Diesel Eng Co Inc class A partlc prof... 18,892 6,630 Creameries of Amer (new) 844 101 117 caplO Atlas Imp Consol 2,592 123 Assoc Ins Fund Inc com 787 Coast Cos GasltEl 6 % lstpf 100 com 1 310 — 102 98 ..... 96 11% 1,110 Consol Aircraft Corp 2,627 2,743 Highest Sale Prices 133 10 3,587 Chrysler Corp common 5 16,685 Claude Neon Elec Prod...., 2,963 Clorox Chemical A < Lowest Sale Prices 104% 119 645 California Water Serr preflOO 1,074 y 102 Anglo-Caiif Nat'l Bank 9,147 Caterpillar Tractor t 90 Highest Sale Prices 121 24 23,653 33.195 34,439 2,122 51,631 35,811 11,386 : 2,127 y 6.381 -xAt ; 9934 103% 101 133 11,587 48,199 4,961 39,783 3,005 4itt Ask pof Alaska Juneau Gold M cap. 750 330 Lowest Sale Prices July 31 Ask Bid. 10334 10534 10234 99% 101 99)4 101 379 Alaska Packers Assn cap..100 40 •7 Bid 104% 107 Shares. Shares. RANGE SINCE JAN. 1 ' July 1 1937 S $ 1936 $66,000 1,894,000 113,000 July 31__. PRICES IN JULY BONDS Jan. 1 1937 2 Jan. Since In j ^ Price STOCK EXCHANGE July . $3,000 Jan. 1 to SAN FRANCISCO SALES " : July.-- 802,189 6,296,274 414,620 6,019,284 .Shares V, 7../,v. - Bond Sales 1936 1937 Stock Sales • THE SAN FRANCISCO STOCK EXCHANGE RANGE OF PRICES ON July ' '' >. 30 ♦, / SAN FKANCISCO STOCK EXCHANGE AGGREGATE SALES SAN FRANCISCO STOCK EXCHANGE Since Jan. 1 Shares PRICES IN JULY STOCKS RANGE SINCE JAN. 1 Lowest Shares POT Highest Lowest Hi(/hest Sale Prices Sale Prices Sale Prices Sale Prices 1,688 Meleir-Frank Co ..........10 11 July 8 Nat Auto Fibres Inc Ttc A common aeries I........* 11** July 6 10 ** June 29' 13** May 1,325 28 July 1 14 26 ** June 30i 44** Feb. 10 13** Feb. 15 16 .4,420 * 9*1 July 23 30 July 10 ** July ...........100 25** July 16 25** July Natomaa Co capital... North Amor Inv Common 8 9H July 23 Corp— 6% preferred .....100 100 North Amer Oil Gonsol cap. 10 Occidental Insurance cap..10 O'Connor Moffat 12 Oliver United Filters Inc A..* B ** 28** 13** ... 23 ♦ 8** PaauhauSutfarPlantCo capl5 12 H Pacific-Amer Fisheries, Inc. 5 Pacific Can Co ....... 17** 11** 28** Pacific Gas 8c Elec Co com.25 4% 1st preferred.... 25 5**% 1st preferred......25 28*1 Pacific Lighting Corp com..* 16 dividend pref • Pac Pub Serv com non-rot..* First preferred...........* 103** 25** 41 5 19** June 28 24 Jan. 135*4 June 3 162** Jan 133 Apr. 28 150 Jan. Pac Tel 8c Tel Co common.100 6% preferred...... ..100 Parafflne Cos, Inc., com....* 62 Preferred .............100 Phillips Petroleum Go cap. * Plg'n Whistle Corp partlc pf • 100** 51** 2** 11 tc y Preferred 1 15 May 8** June common Warrants............. 3 ser A 100 106 July 23 July 7 "*8**Julyr"8 51*% cum cony pref 100 Signal Oil & Gas Co class A.* 104 - Pulp Co Preferred .100 ...... Sou Pacific Co com 5 new (cap'l).lOO Sou Pac Golden Gate cl A..* Class B • Spring ValleyCo Ltd capital * Stand Oil Co of Calif capital * Super Mold Corp of Cal cap. 10 Telephone Investment Corp * Thomas Allec Corp class A * Tide Water Assoc Oil Co com * 28** JulyT12 July? 20 39** July 114 69** July 14 105 July 16 50 July 23 ** July 15 ** July 13 8** July 22 45** July 22 20** July 15 44 July 29 . 4**% preferred new....100 Transamerica Corp capital..* Union Oil Co of Calif cap..25 Union Sugar Co common..25 United Air Lines Trans v t c.5 Universal Cons OH 10 May 41 118 Schlesinger (B F) com (new) Preferred (new) 25 Shell Union Oil Corp com..* Sou nd view June 25 103 Roos Bros Inc common.....1 Series A preferred 100 6% prior pref Jan. 6 ** June 41 ** June ..50 Safeway Stores Inc common • San Joaq Lt 8c Pr prior pf.100 Jan. 46 1 May Jan. July July July 50 .....* Rheems Mfg Co Richfield Oil Co 98 13*4 265* 20** 18** 19 July July July July July July July July 21 12 20 28 8 WellaFargoBk 8c UnTr cap 100 Western Pipe 8c Steel of Calif 51 7 335 July 23 312 common ...lt YeUow Checker Cab Co— Cony uipment Co com..l cum pref..........5 Waiaiua Agricultural Co..20 Rights^.. (Consolidated) cl A Class A Series II No par value, 11** Jan. 8 h July 17** July 46 July 6** July Jan* 2 Jan. 15 Jan. June July Feb. Apr. 15 9 22 98 June 10 5 17** Jan. 28** Feb. 24 Feb. 23** Jan. 19 July 9** July 17** July 16 27 30 29 75 7 27 2 350 Jan. 2 4 4 13 19 26 26 18 July 26 Feb. 1 33 July 15 30 June 22 40** Mar. 48 ....50 July 30 43 June 19 64 Jan. 14 46 July 30 4** July « 6 44 July 1 4** July 26 59 Jan. 7 t Removed from list Feb. 4. 9 Feb. Jan. I.St ser Yosemite Portl Cem Co pf..l0 • 9** 18** Jan. 4 Feb. 16 Feb. 23 21** 4 110 Mar. 15 16 June 17 90 May 19 12 J* June 16 23 June 16 18 Apr. 12 15 June 28 7 18 13 17 19 June 25 May 7 May 25 Mar. 2 Jan. 28 Jan. 27 Feb. 10 Mar. 31 Apr. 16 Apr. 16 Feb. 25 June 8 Mar. 12 July 14 July 16 Mar. 11 Jan. 11 Jan. 13 Feb. 17 Feb. 19 June 21 Feb. 4 Feb. 24 Feb. 24 42** Apr. 4 120 106 July 7 106** 4** June 14 75* 8 June 29 12** 26 M Apr. 28 33M 103 "Jan. 14 106** 34** May 17 48** 40 -.Feb. 26 69** 102 Mar. 19 105 41** June 29 65** ** June 15 1** 1 ** June 17 8** June 26 12 39** June 28 49** 15 Jan. 4 21** 42 Jan. 12 46 3 "2!*i*Jufy"36 Jtine 87 18 109 13 54** 19 5** 21 18** 6 89** 11 80** 18 79** 14 13** 17 50 19 19** 28 10** 28 3** 18 33 114 19 26 26 July 26 July 26 Victor E June 30 72 . Ry Eq 5c Realty Co Ltd com.* 6% preferred (new) 100 Rainier Pulp 5c Pap cl A com * Republic Petroleum Corp Mar. 17 18 33 May 22 102** Mar. 9 June 14 96 Mar.; 5 May 17 16 J* Mar. 12 June 21 32 Jan. 17 May 10 17** Apr. ■? 9 June 15 28 Mar. < 4 June 30 12** May 6 Apr. 30 18 Jan. 6 Apr. 28 22** Jan. 17 July 17 18** Feb. 4 June 18 38 Jan. 12 Mar. 18 32** Jan. 22 Mar. 18 29** Jan. 25 June 28 53** Jan. 14 May 13 107 Jan. 13 June 15 8** Jan. 5 23** Jan. 97 80 *\ 8**% preferred Class B 6 8 4** June 16 MONTHLY AND YEARLY RECORD For footnotes see page 07 ''I)": '•I,' ' ''-'-V .>■ ' / Aug., 1937] AGGREGATE SALES Jan. 1 Shares 400 ; 4,ioo 259 2,300 2,300 500 -V:-; 400 *226 jii'ii 1,000 .j ;^L W LOS ANGELES 1 400 r 1,600 4,200 3,100 200 23.300 . : . PRICES IN JULY '""ioo 346 3,900 July 1 1937 .... y: Bid 8,582 Signal Petroleum Co 1 33,900 So Calif Edison Ltd com. ..3d 1,034 Original prefer red...... 35 14,900 6% preferred...........35 15,300 5H% preferred.........35 500 So Calif Gas A 6% pref—-25 : 900 6% preferred ..—25 v"*,; 378 So Counties Gas 6% prof. 100 11,800 Sontag Chain Sotres Co Ltd. * 6,600 Southern Pacific Co .100 17,600 Standard OH of Calif.......' 51,100 Sunray OH Co.. 38,000 Superior Oil Co common.—35 3,700 Taylor Milling Corp........* 272,500 Transamerlca Corp.........* 20c 36c 50c Sale 30 37% Sale "28% 25 27 % 50 89.000 Union OH of Calif 35 29,500 Universal Cons OH Co.... 10 1,400 Van de Kamps Bakeries.....* 1,230 Victor OH Co 10 2,754 Weber Showcase Be Fix pfd..* 55,700 Wellington Oil Co 1 2,200 Western Air Express Corp..10 200 Yellow 8c Checker Cab Co..* 200 1,400 Yosemlte Portl Cement Ask 20c ii'A il'i 30 36c 26 RANGE SINCE JAN. 1 ... , 13% 11% 43% 14 43 % 43 43% 40% 44% Sale 22% 17 % 25 23 Sale Sale 138% 150 25% Sale 13 % 13% 23% Sale 14% Sale J* 26% 25 M 10% 29% 28% 105% 12 11 48% 44% 45% 42% Sale 4 45% 46 39% 22 25 23 13% Sale 25 12% 30 2H 30c July 26% July 20 18% July 19 1% July 2 July 24 9% July 27 7 9% Sale Lowest 28 1 26% July 28 6 36 July July 28 1 July 27% July 29 2 July 25% July 10 July 16 29% July 24 2 July 28% July 2 July 27 106% July 20 July 23 12 July 26 6 48 July July 9 6 July 45% July 23 1 July 4% July 12 1 July 47% July 26 July 27 23% July 27 1 July 13% July 8 23% July 15% July 16 "8M 10% 25c July 24 July 11% 1% Sale Sale Highest Sale Prices g* Sale " Sale Lowest Sale Prices 35 29% 105% Sale 106 44 July 31 Ask Bid Ask ..... 540 Union Bank 9c Trust Co 7,100 5,000 67 Jan. 2 STOCKS Shares EXCHANGE Price Since July STOCK ANGELES STOCK EXCHANGE In iff. LOS 1% July 17 7 July 24 10% July 2 22% May 13 35 July 6 26% June 30 25 4% 4% 4% 4% 4% July 2 4% July 7 23c July 2c July 2 8 1 27c July 3c July June 22 29% July 16 28% July 2 !05% Apr. 27 11 July 23 43% June 26 40 June 28 3% June 23 37% June 28 21 May 15 12% June 16 141% May 23 iS Sale Prices 48c Mar. 13 32% Jan. 13 41 Feb. 5 Jan. 8 29% 28% 31% 31% 108% 4% 2% 9% 5 5 Mar. 11 20 20 Feb. Feb. Feb. Jan. Mar. Feb. 29 4 19 19 Feb. 16 Mar. 31 5% Mar. 7% Jan. 5 , June 2 4 Jan. 27 8% Feb. 4 8% July 19 7% May 10 11% Jan. 36% June Jan. 2% Mar. 17 9 Feb. 11 July 9% July 9 62 Corp Highest Sale Prices 15c Mar. 4 3% Apr. 13 Jan. 0 Jan. 12 1% Jan. 29 5% June 7 56% Feb. 4% June MINING STOCKS— 300 Alaska Juneau Gold M ColOc 10,000 13,000 3,000 63,000 690 9,000 332,050 Black Mammoth Cons M Co 10c 531,300 Calumet Gold Mines Co..10c 64,400 Cardinal Gold Mining Co 1 27,900 5,400 1,135,100 425,200 10,000 49,440 165,425 Cons ChoUar G & S Co—...1 Gold Ore Mining Co..—....1 imperial Development Co.25c Oatman Rainb Gold M Co. 10c 100 900 100 ""600 lMO 700 26,600 1,000 10,200 1,800 21,300 10c 27c Sale 2c 35c 2%c Sale 25c 28c l%c 3%c 33c 40c 35c Sale 5c July 40c July 1 9 9 9c Feb. 10 2c 3c Sale 4%c July 3C lc 42c~ 44c 8c 12c 41c 36c 7%c Sale 32c 40c 38c 8c 7c 6%c July July 12% May 8 15% Jan. Jan. 20 39c lc 34c Mar. 23 Jan. 39c July 6 15c Jan. 11 May 29 1% Apr. 21 l%c Jan. 38c 7c 28 4 Jan. 4 Mar. 22 Feb. 5 July 7 June Amer Rad 8c Stand San.....* Amer Tel 8c Tel Co 100 26 x!i8 Anaconda Copper Mining—50 Atlantic Refining Co 25 28% 6 (The) Aviation Corp tDel)—5 f 29% 6% 29% 6% 30% Sale 31 July 6% July 12 6 31 July July 21 2% July 16 3% July 27 5% July 2 July 7% July 12 13 ..........5 89% Caterpillar Tractor......... * Cities Service Co Feb. Jan. Mar. Jan. Jan. Jan. Jan. 97% July 21 3% July 26 Baldwin Locomotive........* 2% ......* 90% Sale 99 3% 100 Sale 97 2 Commercial Solvents.......* Com*wealth 5c Southern....* 2 2% 2% 3% Cord Corp .........5 Curtlss-Wright Corp 1 "5% ""5% 6% Sale 1,600 Electric Bond 8c Share......5 1,000 General Electric Co........* 100 500 Goodrich (B F) Co » 2,300 International Tel 8c Tel. ....* 52% 38% 53 39% 57% 37% 58% 38% 55 July 10 38% July 28 6% July 100 200 2,500 400 '""266 500 1,900 1,100 600 2,300 * 1,200 2,800 20,100 1,500 12,400 31.000 56% July 14 38% July 28 ..* 55 % 561 54% 55% 63% 64% 61 No Amer Aviation Inc......! North American Co........* 13% 14% 30 % 10% 22% 11% 23% 11% 28% 12% 29% 12% July 26 July 9% July 8% July 7% July June N Y Central RR 30 Packard Motor Car Co......* Radio Corp of America.....* 8 8 400 Seaboard OU Co of Del.....* 2,700 Standard Brands Inc.......* 2.000 Texas Corp .......* 11% 59% 4,000 Tide Water Assoc OU.......* 8,600 United Corp (Del) * 1,100 U S Steel Corp x 13% 171 144 % 1453 8% 12% 11% 12% 12% July 59% 63% 63 64% July 21 17% 21% 18% July 4% 4% 5% 6% 4% July 99% 100% 118% 118% 105% July 12% Sale 14% 14% 12% July 27 ........ July 7 64 July 22 June June 8% 7% June 8% 4,700 Radio- Kelth-Orpheum......♦ No par value. 29 13 Jan. Jan. Jan. 12 61? 13! 18,300 Warner Bros Pictures ...5 100 Weatlnghouse El 8c Mfg Co 23 12 16 20 13 Feb. 2 Mar. 3 Feb. 14 Feb. 5 Mar. 17 Feb. 17 1 ' 60 % 13 .Montgomery Ward 5c Co 3 8 10 July 21 i 200 KenneCott Copper Corp....* 800 McKesson 8c Robblns ....5 400 1 Feb. 23 82%cFeb. 26 2% Mar. 10 12c Mar. 1 9c Feb. 10 20c May 21 1 Jan. 13 48c Jan. 11 15c Jan. 11 STOCKS— "'200 Y.466 12 4c lc 50c 7 7 20c x7c 15c l%c Zcnda Gold Mining C0......I 200 Bendlx Aviation 1,300 15 28c l%c 3c 67%c 75c Prince Cons Mining Co....10 Tom Reed Gold Mines Co 1 UNLISTED 2,200 5,458 1,800 1,000 10,400 2,000 14% 23c [ Mar. 20 , ; Mar. 25 Mar. 5 May Apr. Mar. 17 i Jan. 21 t Jan. 15 June June 12% July 26 July 9% July 9% July 8% July t June May i [ Feo. 19 Jan. 15 Apr. 19 I Jan. 18 12% July 15 64% July 26 June Jan. 21% July 30 [ July 26 May 6% July 26 117% July 22 15 July 22 June \ Feb. Feb. May Jan. Jan. 18 4 j Jan. 14 { July 22 Feb. - 9 Jan. 12 Odd lot \ t complete records of the dealings on the leading stock exchanges ot calendar year to date, are furnished. In this department of General Quotations we combine in one comprehensive whole, securities of all classes and descriptions, not only those dealt in on the exchanges, but also leading unlisted and inactive securities. The following is an index v In the earlier pfert of this publication the country, for the latest month and for the to the different classes of securities quoted < ' ■ Exchange Seats... 84 ................... 91 Federal Land Bank Bonds............. Foreign Government Bonds.............. 92 Industrial Bonds ..... 82 Joint Stock Land Bank Securities—...111 85 Municipal Bonds—Domestic............. 91 Mining Stocks........ ................. Public Utility 93 Bonds.U«>»*>*l<**<>>^»«« 74 ............... 85 99 Public Utility Stocks. . ............ ...... 79 Investing Companies Securities.......... 78 Railroad Bonds......................... 68 Canadian............................. .... Industrial Stocks Insurance Stocks ..... ..... ... Paga Page Page 79 lit 85 Textile Stocks — 85 Title Guarantee and Safe Deposit Stocks— 85 United States Government Securities.... 91 United States Territorial Bonds.......... 91 Railroad Stocks ...—— ... — Real Estate Bonds ...... Land Stocks...... Real Estate Trust and ...... closing day of the month preceding the date of issue. quotation Is a flat price—that Is, that the accrued Interest forms part of the price, and therefore the purchaser does not have to provide for it separately In making payment. In the case of income bonds and bonds in default, the price is always "flat," and no designating mark is employed to indicate the fact. _ , 1 Quotations for equipment bonds are based on average maturities. Quotations for guaranteed stocks are "and dividend" that Is the accrued dividend must be paid in addition to the price. It should be borne in mind in the use of these tables that the quotations for many Inactive and unlisted securities are merely nominal, but in all eaaee the figures are obtained from sources which are considered reliable. The following abbreviations are often used, viz.: "M" for mortgage, "g" for gold, "gu" for guaranteed, "end" for endorsed, "cons" for consolidated "conv" for convertible, "s f" for sinking fund, "1 g" for land grant, "op" for optional. % :Jf. The black-faced type in the letters showing the interest period indicates the month when the bonds mature. Quotations for all securities are as near as possible for the The letter "P prefixed to bond prices denotes that the NOTICE—All bond prices Bid Bonds RAILROAD BONDS 97 Alleghany Corn— Coll tr conv 5s 1944 F&A Coll & conv 5s 1949——-J&D Coll & conv 5s 1950——A&O f 5s stamped 1950 A&O f Allegheny Valgen 4s 1942..M&S Allegheny & Western--- Equip 6s series D 1937 .J&J Equip 5 Ms series E 1939—M&N 6 Equip 5s ser F. G & H, *41 -'45.6 Ann Arbor 1st g 4s 1995 Q-J Ark & Mem Ry Bridge & Term— 1st M 5s 1964-—.-M&S Aroostook Nor 6s g 1947——A&O Atchison Topeka & Santa Fe— Gen mtge gold 4s 1995 A&O Adjustment 4s July 1 1995 Nov Stamped M&N Conv g 4s of '09 due 1955. J&D Conv g 4s '05 due 1955—J&D 108 1.00% 13M 5 >i 106 103 M 96 1.50 2.50 3.50 1.20% 1.50% 2.50% 70 102 M 110 113 110% 104M UIK 105 105 106 105M 106 104 108 % 107% 106 % 109H 114 113 113 M 106 Rocky Mt Div 4s 1965—-J&J Athens Terminal Ry— / 32 Seab'd Air Line Atlanta & Charlotte Air Line— 1st M 4MB 1944 ser A.....J&J lot M 5s 1944 ser B J&J 112 & Northern— 1946 J&D 1 2002—M&S 6s 1939...F&A Atlantic City gu 4s 1951—..J&J 1st 5s ext May 1 1954—M&N Atlantic Coast Line RR— 1st cons 4s July 1 1952-..M&8 1st cons 4s Mar Atlanta Terminal *16—M&N 1964--J&D 10-yr coll tr 5s May 1 '45.M&N Lou & Nashv 4s Oct 1 '52.M&N Equipment trust 4 Ms — Eq 4Mb 1938-41 E (yr>—F&A Atlantic Coast Line (Conn)— Irred ctfs of indebt 5s J&D 113 45M A&O gtd g 5s 1941 J&J Augusta Union Sta 4s 1953..J&J 1st mtge 1st M West Ext g 5s Baltimore & Ohio— 1st M 4s g July 1st M 5s July 1 5s Jan 5s May 1940 1st m 5s 1967 ser AO 106 107 97 M A&O A&O 1st Equip trust 3 Ms Dec. 11937-46 4s 1957 gu.M&S 103M Bluff Point Land & Imp 1st 4s *40 Boonville St L & Sou 5s '51.F&A Boston & Albany 5s Oct '63—J&J 5s June 1942 J&D 5s July 1 1938 J&J 4 Ms inapt 1978—. 104 F&A 1st mtge 4M8 ser A1943..A&O 100 92 M 3 Ms Jan 1 1951-——. J&J Ref 3 Ms 1952 gu N Y O..A„ 105 Boston St Maine (new) 5s Sept '41 96 4s-5s April 1947————...... 1.25% 5s April 1944— 1.25% 6s June 1945-........—..... 5s Jan 1946................. 1st m 4Ms 1961 ser JJ A&O Equip trust 3 Ms Dec 1 1937-44 Eq 4Mb 1938-1943 (yr) A&O Equipment trust 5s Boston & Maine (old)— 4s Aug 1942 ...F&A 3s July 1950 105 M J&J 110 Equip 5Ms 1937 (yr) F&A Eq tr 6s 1938 (year) J&D 98 1st mtge gu g 76 100M 108 Conv deb 4s 1939 op Gen unlfser A 4Mb Boet & Prov deb 5s 1st 76 103 H /This price includes accrued interest. k Last sals. m Gen 4Ms Juy 15 6s 1938 / 24 100 1947—J&J15 102 % 91 „ 1947—F&A — Brooklyn & Montauk— 2d (now 1st) glold 5s 1938. J&D Brunswick & Western— 1st mtge gtd 4s 37 /,--103 J&J 107 J J&J15 m Boston Term Co 3 Ms 4s 1950.... 104 i01M 89 l.£ _. Boston Rev Beach & Lynn— 1.50% 1.50% 1.00% 1.25% 102 • 101M J&J 1938 108 101 Buffalo Creek 1st 5s 1941 J&J 1st ref 5s 1961 —J&J Buffalo Rochester & Pittsburgh- M&S M&N General 5s g 1937 Con g 4Mb 1957 Equip trust 5s 1938 J&D Buff & Susquehanna RR Corp—_ 1st 4s Dec 30 1963— - --_ & 80 2.00 0_.. 07 M J&J Burl Cedar Rapids & North— Con 1st & coll tr 5s g '34.-A&O Certificates of deposit Butte Anaconda & Pac 5s '44 F&A Cambria & Clearfield— 1st 5s g 1941 Gen M g 4s 1955 Cambria & Indiana— — < . _ Eq tr 5 Ms 1938 M&N Atl Ry 1st 4s 1955—J&J Canada South 5s 1962 ser A.A&O Canadian National Rys— 62.65 108 M 4Mb guar 1957 _ 105 107 J&J F&A Canada _ — 6 2.00 97 M 117 M J&J 4Mb guar 1951.... M&S 4Mb guar 1956—..... F&A 4Mb guar 1955 J&D 15 106 M 97 M 106 91X 91M _ 99 M 4s 1955 F&A July 11938... 92 c „ t 6 . 75% Birm Term 1st g 102 105 - M&S ..M&N 5s 1955 ser 2 99 Belt RR & Stk Yds (Indplis)lst ref gold 4s 1939 M&N Belt Ry of Ohatt 1st 5s '45..J&J Belvidere Del 1st 3 Ms 1943—J&J Bessemer & Lake Erie— 1938-1947..M&S m 1943 66M Boston & N Y Air Line— 5s series F 1996.M&S Big Sandy Ry 1st g 4s 1944.. J&D Birmingham Southern— Conci— ......... 5s March 1942 47 M 5-yr sec notes 4 Ms 1939—F&A Conv g 4 Ms 1960 F&A Ref & gen 5s 1995 series A. J&D Ref & gen 6s 1995 series O. J&D Ref & gen 5s 2000 ser D..M&S Eqtr 4Mb 1938-40 (yr)—M&N Eq tr 4Ms '38-'41 O (yr)_.F&A Eq tr 5s 1937 (yr).. F&A Eq tr 5s 1938 (yr) F&A Pittsb Lake Erie & W Va— Refund gold 4s 1941—.M&N S W Div 1st 5s 1950 J&J Toledo & Oin Div 4s 1959.J&J Bangor & Aroostook— 1st M 5« g Jan 1 1943 J&J Cons refund g 4s 1951 J&J 4s stamped 1951— Pis cat Div g 5s Jan 1943.. A&O St Johns Riv Ext gu 5s '39.F&A Van Bur Ext 5s g Jan '43.A&0 Washburn Ext 1st 5s *39—F&A Battle Creek & Sturgis— 1st guar g 3s 1989........J&D Bay City & Battle Crk 3s '89 J&D Bedford Belt 1st 5s 1938 J&J Beech Crk Ext 3 Ms 1951 A&O 1943 49 75 1938.M&N 1 1948 1948 Bid 73 113 Baltimore & Harrisburg Ry— Equip tr 2Ms 107% 1949 48 5s May 108 J&J Aug Term 1st gu g 6s 1947—A&O Austin & Northwestern— Ref & gen 62 108 113M Conv g 4s of '10 due 1960.J&D Conv deb 4 Ms 1948 J&D Trans S L 1st g 4s 1958—-J& Cal-Ariz lst&ref4Hs'62 opM&S 65 113M 93M 1st mtge guar 4s 1998....A&O American Refrig Transit— b Basis. 1st mtge gu g 4s J&J bonds. Bonds Ask Boston St Maine (new) J&J 4s July 1948 Atl & Danville 1st 4s 1948 2d g 4s 1948 Atlantic & Yadkin— 64 Y5P .......—J&J Gen 1st g 99 102 1945 series A.A&O / 63M p Gen & ref 5 Ms 1945 ser B.A&O f Alabama Great Southern— in H 1st cons g 5s 1943 ser A—J&D 1st cons 4s 1943 ser B—..J&D 1 Bq trust 5s ser G 1938 A&O Alabama Tennessee & Northern— Prior lien 6s 1948 ——J&J / 11M 3M Gen income 6s Oct 1948...J&J J Alabama & Vicksburg Ry— 103 1st M g 5s 1974 series A—M&N 102 Albany & Susq 3Ms g 1946..A&O Atlanta Knoxville 1st mtge gold 5s Bid Bonds Atlantic Coast Line of S O— 21 Gen & ref 6s 1st g 5s 1937 Atl & Birm. See marked "f" and income and defaulted Mand interest" except where Ask _ 1st 5s'40J&J Adirondack 1st 4Mb 1942 gu M&S Akron & Barb Belt g 4s 1942. J&D Akron Canton & Youngs town— Aberdeen &Asheboro l. are 94 M 86 89M 91 §9 M 1IB n Nominal. 87 40-yr 5s guar 1970——F&A 5s guar July 1 1969.... J&J 5s guar Oct 1 1969..—...A&O 5s guar 1954 ——F&A 16-year guar 3s 1950——.J&D Guaranteed 3s 1944—M&N Guaranteed 2s, 1938—...M&N 7-year guar 2s 1943——F&/ 17-year guar 3s 1953 F&— Eq tr 4 Ms 1938-1942 (gu) M&N Eq tr 4Mb 1938-45 (ann).J&D Equipment trust 5s......... Canadian Northern— S F deb 6Ms 1946 _ J&J 123 % 57] RAILROAD NOTICE—All bond prices Quotations for all securities are are Bonds Bonds Canadian NW4%s Oct 221943Canadian Pacific— Cons deben 4s 20-yr coll 94 104 106% 101% 103 % J&D M S f 4%s Dec 15 1944—J&D 15 Coll tr 4%s 1960 J&J Conv coll tr 6s 1942 M&S •15-yr conv coll tr 4s 1949--J&J i Cony coll tr 3%s 1951—F&A » , Detroit Term & Tunnel— 1st guar 4 %s 1961 '■<. > 1946—M&S Coll tr 5s 1954 Bonds 85 perpetual.-J&J tr 4%s BONDS "and Interest" except where marked "t" and income and defaulted bonds near as possible for the closing day of the month preceding the date of issue as /110% 99% 95% Eq tr 5s 1944. J&J 114 Eq tr 4%s 1937-1945s-a-J&D b 2 80 g gu 4s 1949. _J&J f 68 Oatawissa Cons 107 1st 4%s 1949 Duluth & Iron Range— 1st 5s 1937 A&O 4s 1948 Cons gold 5s 1945 M&N / Ref& gen 5%s 1959 ser B.A&O / Ref & gen 5s 1959 ser O—A&O 103% 111% Coll tr 5s ext'd to b 4.00 / 29 12% J f 20 20 > > b .. > Prior lien gold 4s 1996 J&J Gen lien gold 4s, 1996 J&J Conv gold 4s 1953 ser A-.A&O v Series B 49 88% 88% Erie & Erie & Certificates of deposit Proof of claim riled 100 102 114% 111 112% 107% 112% 110% 107% 102% 2 25% 110% 60% 4s Jan 1 1947 J&J 104 62 47% Eq tr 4%s 1937-1939 s-a.-M&N b 4.50 Girard Point St'ge 3%s *40—A&O 103 Goshen & Deckert'n 1st 5 %s 1978 100 2nd ext 6s 1979. M&N j 94 Gouv & Osw 1st 5s g 1942^—J&D 102% Gr R & Ind ext 4 %s 1941 J&J 108% 1st ext 3 %s 1941 J&J 101 % Grand River Valley 1st 4s 1959 93 J&J 1st 4s Feb 15'42 Alb gu..M&N Gen 4s 1962 Can Govt gu-.J&J Grand Trunk West 4s £ 1950.J&J 1st g gu 4s $ July 1 1950...J&J 85 100% 3.90 95 Great Northern— 1st & ref g4%s'61 113% opt'41-J&J Gen M 5%s 1952 ser B J&J Gen M 5s 1973 ser O J&J Gen 4%s 1976 series D J&J Gen 4%s 1977 series E—.l&J Gen mtge 4s ser G 1946 J&J Gen mtge 4s ser H 1946 J&J Gen mtge 3%s ser I 1967—J&J 108 104 Eq Eq Eq Eq Chicago Lake 8hore & Eastern— 1st M 4%s 1969 opt 1919.J&D 111% Chic Memp & Gulf oa 1940--J&J Chic Milw & Gary 1st 5s '48-A&O / 21 tr 2s 1938-1947 tr 4%s 1937-1939 M&S 117% 112 105% 103% 124% 109% 94% b 2.70 M&S b tr 4%s 1938-1940 Diyr) J&J b tr 5s 1937-1938 <yr)_—M&S b Western Fruit Express— Chic Milw St Paul & Pac RR— 189 24 7% Greenbrier Cheat & Elk— 1st 5s 1944 49% J&J Green Bay & Western— 4.85 4.85 5.10 5.10 1st 33% 5%s 1950 ser A&O B 1st 5s 1950 series O Gulf& Ship Island RR— 36 34 38% A&O 1st ref & term g 5s Feb '52. J&J Stmpd < July 1 1933 k Last sale, n Nominal 1.40% 2.00 99 105% v Debenture ctfs A Feb Debenture ctfs B Feb Guantanamo & Western— 1st M 6s 1958 series A J&J Guayaquil & Quito 1st 5s *32 J&J2 Gulf Mobile & Northern— — cpn on). J&J / / 60 10% / 52% / 104% 125% 109% 95% 2.00% 1.25% 2.00 101 W Va Midland Ext 5s '54-J&J Greenbr Ry 1st g gu 4s '40-M&N 45 51% 121% 113 105% 1 50% H v v r 114% 2.10 1.50 Eq 58 J'ne lo'38-'39 iyr)J&D b Eq tr 4%s 1938 1940—J&D b Gulf Terminal of Mobile— 1st mtge g 4s 1957 gu 106 Eq tr 5s Dec 14 1937-'43 <yr)-_ 6 Grays Pt Term g 5s 1947 J&D 102 /This price includes accrued Interest 95% 95% 97% 95 92 (Mountain and Prairie)4s 1955 (Lake Superior) 4s 1955 1st 4s Feb 25 '39 Alb gu. -M&N - b Basis. ^ Ga Sou & Fla 1 st g 5s 1945---J&J Deb 5s 1952 A&O Grand Trunk Pacific— 1st M 3s 1962 38% Equip tr 4%s "A" 1945.-A&O b 3.75 Chicago & Illinois Midland Ry— 1st mtge s 1 4%s ser A '56 M&S 97 Chicago Indiana & Southern Ry— Con mtge g 4s 1956 guar—J&J 102 Chicago Indianap & Louisville—Ref M g 6s 1947 series A—J&J / 24 Ref M g 5s 1947 series B—J&J / 10 Ref M g 4s 1947 series O— J&J / 20 1st & gen 5s 1966 series A.M&N/ 11% 1st & gen 6s May '66 ser B.J&J / 12 Monon Coal gu 5s '36 opt-J&D / 24 N on-cum income 5s 1955 / 24 Chic Indianapolis & St Louis— Short Line 1st 4s 1953——A&O 103% . 93 97% 118% J&J / 30 Ga & Ala Term 1st g 5s 1948-J&D / 25 Ga Caro & N 1st 5s g 1929 J&J Ext at 6% to July 1 1934 / 32 Georgia & Florida RR— 1st M 6s 1946 series A—M&N / 6% Certificates of deposit / 6 Georgia Fla & Ala 1st 6s '52.F&A / 15 j Georgia Midland— 1st g 3s 1946 A&O 60 Ga RR & Bkg ref 6s 1951 A&O 120 J&J - 92% — / / / / 6% 106% M&S „ 109% 108% 110% 117% „ / / / / f b b 6 b 3% Galveston Term 6s 1938 Genesee River 6s 1957 Ga & Ala 5s Oct 1945 108% 55.F&A / 5 Chicago & Alton RR— ' Refunding g 3s 1949 A&O 50% Chicago Burlington & Quincy— Gen M 4s 1958 M&S 111% 1st & ref 4%sser B 1977—F&A 110 1st & ref g 5s 1971 ser A..F&A 116% Illinois Div 3 %s '49 op *29.J&J 108 4s July t 1M9--^—UiJ&JL 111% Chicago & Eastern 111 mew co)— Gen M 5s May 1951 M&N / 30% Certificates of deposit—,... f 26% Chicago & Eastern Illinois— 1st consol 6s gold 1934—A&O /101% Chicago & Erie 5s 1st g '82._M&N 119 F&A / 3% Galveston Houston & Henderson 1st lien & ref M 5%s 1938.A&0 WarmSpr Val 1st 5s g'41-M&S A&O / 45 / - b 2.50 b 2.65 6 2 70 h 1.75 b 1.25 106 Conv adi 5s Jan 2000 11% 88 J&J 100% J&J / 29 ~ 100 50-yr 5s 1975 series A / M&S Certificates of deposit. _ Fort Dodge Des Moines & Sou— 1st 5s 1938 J&D / Fort St Un Dep Det 4%s '41 J&J Chesterf & Lancaster 5s Chicago Milwaukee & St Paul— Gen g 4s A May 1 1989 J&J Gen g 3%s B May 1 1989.J&J Gen 4%s May '89 series O-J&J Gen 4 %8 May '89 ser E—J&J Gen M 4 %s May *89 Ser F_J&J Eq 4%s '38-'43 E & F <yr)_J&J t Eq 4%a *38-'41 G & H «yr) J&J Eq tr 58 '37-*40 ser B tyr).F&A Eq tr 5%s 1938 A&O Chicago & North Western— Gen M 3%s g 1987 M&N Gen M gold 4s 1987 M&N Stmpd non-pay Fed inc tax. Gen M 5s *87 stpd inc tax.M&N 2.00 Proof of claim filed--! f Amonded 1st con 4%s 1982 i Nov '32 and May '37 coup). 99% A&O 2.70 2.00 _ Fonda Johnstown & Gloversv— Gen ref gold 4s 1950 J&J / 1st cons ref 4%s '52 opt—M&N 100% 100% 100 Chic June RR 1st 4s 1945—M&S Chic June Ry & Un Stk \ds— Coll tr ref 5s 1940. A&O 2 AO 118 J&J Eq 4%s '38-'41 H is-a) Fla So 1st g gu 4s 1945 Florida West Sh 5s 1934 106% 121 % 97 % 97 % 100% Chic Great West 1st 4s 1959.M&S f s f 6s 1955 Pittsburgh— „ 102 " 108 108 Jersey 70 70, Gen gu g 3%s ser B 1940—J&J 104% Series C 1940 J&J 104% Florida Central & Peninsula— 1st cons 5s gold 1943 J&J / 70 Florida East Coast 4%s '59-J&D / 71 1st & ref 5s 1974 M&S / 11 103 % 4s *89. J&J J&J Coll trust ref 4s 1940 A&O A&O M&N A&O Eq 4%s '38-'41 LL <s-a)-M&S b Eqtr4%s 1937-43 .s-a)—M&S & Equipment trust 5s b Equipment trust 5%s b 2.50 f 1942—.M&N / 4s 1989 99 76% - - con g 1953 Series D 1953 Ref & imp M 5s 1967 Ref & impt M 5s 1975 109 % 102 Chattanooga Sta 4s 1957 gu-.J&J Chesapeake & Ohio— 1st cons g 58 1939 M&N General 4%s gold 1992—M&S Ref & imtp 3 %s D 1996- M&N Ref & „mpt 3 %s ser E 1996 F&A 1%% notes. 1940 -—J&J 2%% notes, 1941 J&J 2% % notes, 1942 J&J 2%% notes, 1943 J&J 2%% notes, 1944 —J&J 2% % notes, 1945 —J&J 2d 103 Erie- f g 108 107 104 — 11 / / / Eq tr 5s Dec 14 1937-'44 «yr)- 6 3.75 Char & W Carolina 5s 1946--A&O Chatt Rome & Sou 1st 5s '47 J&J / 78 con 110% - Central RR of South Carolina— 1st ref 6s 1937-1976 Central Vermont Ry— R & A Div 1st 107% 102 1st 6s 1910 ext at 4% 1950-J&J Income 5s 2862 A&O El Paso & R 11st gu 5s 1951 J&J El Paso & Southwestern RR— 1st & ref 5s 1965 A&O 5s stamped 1965 95% 89 2%% notes. 1946 .J&J Equip tr 2s 1938-1947 M&S Eq tr 2%s 1938-1946 J&D Eq tr 3s, 1937-1950 A&O Eqtr4%s'37-40 (yr)—A&O Eqtr 5s 1938 «yr) -M&S 15 Craig Valley 1st 5s g 1940.J&J Grain Elev 1st 4s 1938 A&O Paint Creek Br 4s 1945—F&A Potts Creek 4s 1946 J&J 77 113 Elgin Jol & East 5s 1941—M&N Elmira & Williamsport— 4.00 4.00 b M&N Nor Div 1st g 4s 1948 A&O Edmonton Dunvegan & British Columbia Ry 4%s 1944--A&O 15 o 100% Consol 1st g 5s 1956. M&N Eastern Ry of Minnesota— 27 15 Eq tr 4Kb '38-'40 ser P<yr)M&8 Eq tr 4%s *37-'40serQ<yr)M&N Eq tr 5s 1938 (yrly) J&D Chatt Div gold 4s 1951—J&D Macon & Nor g 5s 1946.— J&J Mid Ga & Atl 1st 5s 1947—J&J ? Mobile Div g 5s 1946 J&J Oconee Div 1st 5s 1945 J&D Cent New Eng 1st gu 4sl961 J&J Central of New Jersey— Gen M -now 1st) g 5s 1987-J&J Gen M 4s 1987 J&J Eq tr 4%s 1937-41 (yr)—F&A Central Pacific¬ ist ref 4s g guar 1949 F&A 1st g guar 4s Oct 11954—A&O Guar g 5s I960-,———F&A European loan 4s 46 -—M&S Central RR & Banking of Ga— Coll tr g 5s 1937 M&N A&O 1st extended 5s 1965 East Tenn Va & Georgia— 79% / 70 ; Duluth South Shore & Atlantic— 26 25 - 110 J&J 1st gold 5s 1937 J&J / 43% Dutchess Co RR 4%s 1940—J&D / 100 East Penn 1st 4s 1958 M&S 106 East Tenn & Western N C— 71% 109 g Cent Ark & East 1st 5s 1940.J&J / Cent Br Un Pac 1st g 4s *48- J&D / Central of Georgia— 1st M g 5s Nov 1 1945 F&A / 114% 104 Detroit & Toledo Shore Line— 1st gold guar 4s 1953 J&J Dexter & Piscataquis— 1 102% 103% 110% 100% 96% 115 103 111 M&N Detroit Toledo & Ironton— 1st 5s Mar 1 1964 —J&J 2.10% Carp Cent 1st Caro Clinch & Ohio 5s 1938-J&D 1st cons 6s 1952 ser A._J&D 15 Carthage & Adirondack— 1st mtge guar g 4s 1981—J&D 94% 104% 10 101 95 1 92 % 92% 86 1.00% RAILROAD BONDS 70 NOTICE—All bond prices are "and interest" except where marked "t" and income and Quotations for all securities are as near as possible for the closing day of the month preceding H&Ha rtford. N RR --J&J M&N Harl R & Portch—See N Y Harris Ports Mt Joy & Lane Ext 4s 1943 Hoboken Perry 6s 1946 89" 1195* 1.10% 1.10% n ; 5s 1939 J&J Lltchf & Madia 1st &Y959-M&N Little Miami guar 4s 1962--M&N Little Rock & Hot Spr West Ry~l 67" s _ 6234 1st gold 5s 1957 opt—-__F&A Adj inc up to 5% Feb 57-A&O / 1st M 434s 1957 conv F&A 30 285* 66 1105* 10454 10454 J&J ----J&J 1st gold 4s 1951 1st gold 334s 1951 Main L ext 1st g 334s '51-A&O Pur 8154 7154 9134 7834 7834 70" *53_M&N M&N g 4s 1955 opt 1918-M&N liens 1st g 334s 1952--J&J Col tr L N O & T g 4s Ref mtge 5s 1955- JtlstrefM (IC&OSL& N O) 5s 1963 ser A Series O 434s 1963 93" 85 76 7634 ;• ^ J&D J&D 40-year 45*s Aug 1 1966-F&A Eq tr 434s 1937-1939 K—F&A b 63 2.00 b 2.20 Eq tr 434s 1937-1940 L_. A&O b Eqtr 434s '38-'41 M (s-a)-M&N b Eq tr 434s 1937-41 Ser N.A&O b Eq tr 3s ser R 1937-1952M&S Carlo Bridge 4s g 1950--J&D Litch Div 1st g 3s 1951—J&J Louisv Div 334s g 1953—J&J Omaha Div 1st 3s g 1951--F&A St Louis Div 334s g 1951— J&J St Louis Div 3s g 1951—J&J 2.40 2.40 3.40 Eq tr 434s 1937 (year) Equipment trust 5s Atl K & Oin Div 4s Macon Dublin & 9134 1st 98 9334 1.50 1.75 b b 11254 109 8934 112 coll Savannah— 9734 107 . 79 102 X J&J 5s 1947 Conv J&J 1965 _ 1st ser—J&J Equipment trust 5s Equipment trust 534s—----Manila RR Sou Lines 4s '39-M&N 4s 1939 ext to 1959 Philippine Govt gu M&N 3234 Manitowoc Green Bay & Western 1st gtd'334s 1941 -J&J 103 - Maryland & Pa 1st g 4s *51-M&S 1st cons A 6s 1963 .A&O 33 Memphis Union Station Co— 1st g gu 5s Nov 1 1959-— M&N 33 Meridian Term 4s '55 guar.M&N 33 Mexican International— 2.75% 1st con gold 4s 1977 M&S Sept 1914 coupon on 1977-M&S 90 Sept 1914 coupon off 1977 M&S 100 Asst (cash warr & coup) — Michigan Central— £ 103 34 7834 95 b £-90 b 2.90 83 / 634 impt 4 1st Mtge (year).M&S Eq tr 3s F Jan 1 1938-43. Kansas City Terminal Ry— 1st g 4s 1960 opt 1930 Kansas Oklahoma & Gulf— mx , b -J&J 1978 J&J Kentucky Cent 4s g 1987 J&J Kentucky & Indiana Term RR 1st M 434s 1961 (sterling) .J&J Acer int at exch rate 4.8665— 1st M 5s accr int at rate 4.8665. Plain 1961 J&J 1st mtge 4348 ungar 1961 Lake Erie & West 1st ext 4s 1947. Stmpd 9534 101 Cong g ref 334s 1997 J&D Leamington & St Clair 4s *45 A&O Lehigh & Lake Erie 4 Ha '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 6s ext gold 4s 1948—J&D 96 843* 855* 'v- *> 95 1Q254 105 101 1093* 101 107 1005* 10254 ' 9934 995* 104 10334 98 95 113 101 10034 104 Gen con go <1 as 63 9734 10534 75 75 37 68 IO2"" 97 10434 101 10734 2.25% 3Ji 434 6% 84 64 57 52 88 89 v. 33 3434 10234 9l34 / A—A&O 1 I® 54* hi 3* / A&O / B 36 5934 545* 59 57 UK 83 6734 .... 60 8434 65" Ref & 80 77 33 F&'A b 34 63 3.35 85 1234 53 63 434 97 20 19 2234 52 18 84* 9834 3.00 Nominal. 873* 8034 N Y Cent equip trusts— 5s 1938-1939 90 1947 3d mtge 434s 1938 N Y & Greenwood Lake Guar g 5s N Y Lack & Western— 60" 8734 F&A M&N M&S M&S gold 4s 1941——M&S General 1st 5s 1941 71 67 2.50% 86 „ 1st & ref 4s ser A 1973...M&N 1st & ref 434s 1973 ser B—M&N New York & Long Branch— General 7634 6654 NY & NE Bos Ter 4s 38 N Y New Haven & U54 173* 2.00% 2.50% 2.25% 1003* 9954 99 9634 8234 > 1 103 34 2.75 1.50 3-25 10834 10934 97 8354i 1045* 2.00% 1.00% 2.40% 1095* 1083* 105 102 9834 101 70 9734 97 H 103 10334 10634 1073* Hartford— conv—J&J15 3934 395* Deb 4s May 11957 M&N Deb 4s July 1 "55 non-conv J&J Deb 4s 1956 non-conv—_M&N Wi 2134 373* Deb 6s Deb 4s Jap 15 '48 363* 38 1947 non-conv—-M&S 25 3634 M&S 26 4034 323* 34 38 334s March 1947 1954 non-conv—A&O 1956 conv .J&J 15-year secured 6s 1940—-A&O 1st & ref 434s 1967 J&D Equip tr 434s Sept 15 1937 to Mar 15 1945 3734 2.60 100»32 109 M&S 1939-A&O /100 Deb 334s Deb 334s 383* 1.25% 1.25% 2.00% b A—F&A M 8834 9154 9054 1.75 M&N 1946 983* 106 1.75 M&N 23*s Mar 151938-1952 * jo & St Louis— 1st gold 4s 1937 ——A&O 3-year 6s Oct 11938-.-—--— Ref 534s 1974 ser A A&O Ref 434s 1978 ser C M&S 10-yr coll tr 4s 1946 F&A Equip tr 434s 1937^*44 (yr)F&A Equip tr 5s 1937-'38 (yr)—F&A Equip trust 3s July 1 1938-'51 New York Connecting RR— B 1035* 107 2.60 J&D —M&S N Y Chi 1st M 4 34s 1953 series 1st guar 5s 1953 series New York & Erie RR— 9754 885* 983* 99 N Y & Har 1st g 334s 2000—M&N N Y & Hob Fy 5s May '46—J&D 35* 3.75 98 1043* tax-exempt--J&J A 2013—A&O 1998 F&A M C coll tr g 334s 1998—F&A Spuyten Duyvil & Pt Morris— 334s 1959 J&D 1st 4s ext g §53* 39 173* 1942 2d ext 5s 1939 3.55% 353* if* 10351 10631 Ref & ref 4 34s ser L S coll tr g 334s 434s Mar 15 1938-'39 4 34s 1938-1945 3734 353* 36 A&O impt 5s 2013 O Deb 4s Deb 37 98 10-year 33*s sees f 1946—A&O 3 3*s conv secured 1952—M&N New York Central & Hud RIv— Ref g 334s July 1 1997—J&J 93 77 H°5H Newport & Kichfor Is 5s 1941. New Bbrk Central RR— Cons mtge 4s 1998 ser A—F&A Ref & impt 4 34s 2013 A—A&O 2234 / 21 55 3.00% . 84 . (old company)— gold 4s 1990 J&D Mo Pacific RR (new company)— V* 1st & ref 5s Jan 1965 A—_F&A Certificates of deposit 106 118 1st & ref 5s 1977 ser F...M&S 98 Certificates of deposit— 52 1st & ref 5s 1978 ser G—M&N Certificates of deposit 5534 1st & ref 5s 1980 ser H...A&0 6334 Certificates of deposit 1st & ref 5s 1981 ser I—.F&A 9854 Certificates of deposit 10534 Conv g 534s 1949 ser A—M&N 8134 Secured 53*s 1937-1956-.J&D Equip trust 5s 1938 *40(yr)M&S Eq tr 434s '38-'44 F (yr)..M&N n 9234 1.00% 28 Newport & Cincinnati Bridge— 1st M g 434s 1945 guar J&J Mo Kan & Tex f Price includes accrued interest, k Last sale 8434 deposit / 1st 5s 1956 series O F&A / 54 51 1st M 434s 1956 series D—F&A' 3.75 Equip trust 434s 10534 if! 1938-1952 95 _ Ref & impt 434s 52 ser A—J&J New Orl Term 1st 4s 1953--J&J New Orleans Texas & Mexico— Non-cum inc 5f'35 ser A—A&O 1st M 534s 1954 series Minneapolis & St Louis— 1st 7s *27 ext at 6% 1932—J&D / 55 1st consol gold 5s 1934—M&N 1034 Certificates of deposit.... 534 1st refdg gold 4s 1949 M&S Ref & ext 5s Feb *62 ser A.Q-F Certificates of deposit..—.. Minneapolis Northfield& 95 Southern Ry 1st6s '41--M&S Minn St P & Sault Ste Marie— 193* 1st cons gold 4s 1938-—..J&J 1834 1st cons gold 5s 1938 J&J 2134 1st cons 5s 1938 gu int J&J 2d M gold 4s guar 1949—J&J IB" 1st ref 6s 1946 series A J&J 8234 1st ref 534s 1978 ser B J&J 25-year 534s 1949 —M&S M* 86 Secured notes 5s 1938—F&A 3.75 Eq tr 4s *37-'38 s-a J&D15 M St P & SS M & Cent Term Rylst Ch Ter s f 4s '41op'16. M&N 65 Minn Terminal 1st 3 34s *50. -J&J 103 Minn/Transfer Ry 35*s 1956.J&O Missouri Illinois Bridge and Belt 86 RR cons 4s 11951 J&J Mo-Illinois RR5s 1959 J&J t MX 85 Mo & 111 Bdg & Belt 4s 1951 98 Mo Kans & Okla 5s 1942—M&S Missouri-Kansas-Texas RR— 76 Prior lien 5s 1962 ser A J&J Prior lien 4s 1962 ser B J&J 66 Prior lien 434s 1978 ser D.J&J Adj M 5s Jan 1967 ser A—A&O / 66 Eq tr 2 34s Northern— 50-year 1st 5s 1983 J&J Income deb 5s 2032 J&J New Orl & Nor East 6s 1915 Extended at 5% 1940——M&N 97 1043* 1043* 104 1943—A&O 1st Gen b Basis, 95 10134 11334 96 Lehigh Valley Ry of New York 1st 4Mb gold 1940 J&J Lehigh Vail Term 5s 1941..A&O Lehigh & N Y 1st 4s 1945—M&S 50 4734 10934 116 gold 4s 2003 M&N 434s 2003..M&N gold 5s 2003 M&N ; 100 ...J&D cons 1035* 1.25% Con M 434s ann irred....J&D Con M 6s ann irred 1063* 10854 1st mtge 58 ext at 3 % to '46 J&J 2d 5s 1941 J&J Lake Shore & Mich South— New Orleans Great _ 2.00% 8* 93 5: 4H . 2,75 10934 Valley—5s 9734 8934 39 254 t^ (Foreign series) 1960—-—J&D of N J 1st 6s 1910 1940 —A&O 50 , Certificates of 1942--M&N td 109 103 23* ext at 5% to 2.00 b 1950—M&S General 5s Jan 1 1938———— New Lon Nor 1st 4s 1940 J&J Certificates of deposit.—— Adj M Apr 1 *53 ser A Sept / Adj 5s series B 1953 Sept Milwaukee & Northern— 1st ext 434s 1939— ..... Con ext 434s 1939 — Cons 6s 1913 ext at 434% to 1934 (1884)--J&D Mil Sparta & NW 1st 4s 1947M&S Mil&State Line 1st 334s 1941. J&J / 92 82 V N J & N Y 1st ext 5s 2.20% Midland 95 97 Income 5s Mar 1934 2.25% U 8834 ~ 1st 5s 1954 series 1939——M&N 1940--J&J 1957-J& J10 -M&N bonds 39 6*8* 94 M Air L 4s Midi RR 4% franc 101 101 101 !S 70 1st g 4s Jol & N Ind 1st gold 334s 1952 Middlesex Val 1st 5s 30 98 117 Mb 1979 ser C. J&J 1st 5s Kal & S H 8354 283* 2734 ' M&S 2# 64 _ Ref & 27" ...M&S M&S / 4s, 1938 1977 Secured 5s 1938 wiC1 16 ■ 7434 Eq 434s 1938-41 (yr)...J&J15 98 Eq tr 5s 1938 (s-a) M&S 98 Eq tr 5s 1938-39 (year)—J&J 36 Montgom Div g 5s 1947—F&A Mohawk & Malone— 86 1st guar g 4s 1991 M&S 68 Consol gold 334s 2002—M&S 89 Monon Coal—See Ohic Ind & Lou 21 Monongahela Ry Co— 107 X 1st mtge 4s ser A 1960--.M&N 118 117 Monongahela Sou 5s 1955—A&O 123 Gen 6s 1955 A&O 10934 Montana Wyoming & Southern— 45 1st mtge gold 5s 1939 M&S 104 J&J 10734 Montauk Ext 1st 5s 1945 94 10934 Montgomery & Erie 1st 5s 1956105 10454 Montour RR 1st 5s 1963—.F&A 88 995* Morris & Essex 334s 2000—J&D 9434 Constr'n 5s 1955 ser A M&N 95 Oonstr'n 434s 1955 ser B-M&N 1.00% 1.25% Nashville Chattanooga & St L— 1st M 4s 1978 ser A F&A 1.50* Eq tr 434s 1937(yr) A&O 3.10 Eq tr 23*s 1938-1952 M&S Nashville Florence & Sheffield 90 1st guar gold 5s 1937 F&A National Rys of Mexico— 3 Prior lien g 434s s f 1957—J&J Gen mtge 4s 1977 A&O Nat RR of Mex p 1 g 434s *26 J&J r; 82 1st cons gold 4s 1951 A&O 104 Naugatuck 1st 4s 1954 M&N New Eng cons 4s 1945 gu J&J Consol g 5s July 1 1945—J&J jr 104 48 N Hav & No Ham 4s 1956 guJ&D 79 10034 N J June 1st 4s gu 1986——F&A -- Midland J&J Gen gold 10234 10334 10334 1.5034 6534 105 X J&D Sept 1 3s 1950 A&O 1 1950--J&J __,. , & coll 4s ser A '45 J&D gen 434s ser A 1960-J&D Secured 6s 1959 _ 104 1st mtge Joplin Union Depot Co— 105 1st g 4 34s 1940 guar opt_M&N 105 1st 5s June 1 1944—-—J&D Kalamazoo Allegheny & 10234 Grand Rapids gtd 5s *38--J&J Kal & Sou Haven—See Mich Cent Kalamazoo & White Pigeon RR 1053* 1st gold 5s 1940-J&J 106 Kanawha Br & Ter 5s 1948-A&0 Kana & Mich 1st 4s 1990--A&O k 10154 Kan City Ft Scott & Memphis— Ref g 4s 1936 guar A&O / 48 / 47 Certificates of deposit 93 K C Mem & Bir 4s 1934 M&S To be paid. 108 ----- Maine Central— H • 10734 4s *52 gu Macon Terminal 5s 9834 , 1967—J&J 4s 1959 guar con 10854 -J&J J&D L & N Term 1st g Clearfield Joliet & Northern Ind 4s 1957 Gen 115 1955—M&N '46.F&A gold 4s, 1952 8354 95 J&D Southern Ry Joint Monon 99" 975* 18 / 10734 Ref & ext 5s series B Eqtr 534s 1937-38 2.70 8334 8754 South East & St Louis Div— 2d mtge 3s 1980 M&S Mob & Mont 434s 1945—M&S 93" 6s July 1 1967 Kan City Sou—1st g Ref & Impt 58 Apr 103 2.00 Pad & Mem Div 1st 4s _ 1st g 103 Louisville & Nashville— 1.50% 1.60% 1.75% i.75% 2.50% 1065* _ Jamestown Frank & 1023* 95 90 72 J&J J&J 4s 1945 Ref & impt 4 34s 10354 _ Unified gold 4s 1940-——-J&J 1st & ref 5s 2003 ser B A&O 1st & ref 434s 2003 ser O—A&O 1st & ref 4s ser D 2003—-A&O 1st & ref 35*8 ser E 2003--A&O g Mobile & Ohio— 105 10234 1st mtge gold 5s 1946 J&J Louisville & Jeffersonville Bridge Guaranteed gold 4s 1945--M&S 67 64 97 Sp'field Div ext 334s 1951 J&J western lines g 4s 1951—F&A Indiana Bloomington & Western— 101 1st ext 4s 1940 A&O Indiana Harbor Belt RR— Genl mtge 4s 1957 —J&J 105 112 Gen mtge 434s 1957 —J&J Indiana Illinois & Iowa— 1st gold 4s 1950 —-J&J 103 X Indianapolis & Louisville— 1st guar 4s 1956 J&J f — Indianapolis Union— 993* Ref & imp M 3 Mb ser B *86 M&S Internat-Great North Ry— 30 1st M g 6s 1952 series A—J&J 95* AdJ M 6s July 1952 ser A.April 29 ;• 1st M 5s 1956 series B J&J 27 1st M 5s 1956 ser C -J&J 3.90 Eq tr 434s 1938-42 (yr)— A&O Internet Rys (Central America)— 855* 1st M 5s 1972 opt M&N 975* 1st 1 & ref 634s 1947 F&A 103 Interstate Transf Ry 5s 1945-J&J Iowa Cent 1st g 5s 1938 J&D 15 Certificates of deposit——— 554 1st & ref g 4s 1951 M&S Jacksonville & Gainesville & OX Gulf Ry 1st 5s 1951 A&O 1 Jackson Lansing & Saginaw92 lst 334s Sept 1 1951 Jacksonville Terminal— 105 1st 5s July 1 1939 10534 Ref & ext 5s series A 1967--J& J _ Gen M Louisville Henderson & St Louis— 7034 7034 663* Mobile & Birmingham— Prior lien 6s, 1945 29 25 / A&O 1st M gold 5s 1935 89 1st g 3s sterling 1951 M&S Coll trust gold 4s 1952—A&O Ref 108 1st gold 4s 1939 guar J&J Long Dock cons 354s 1950—A&O Long Island— Unified g 4s, 1949 M&S Gen mtge gold 4s 1938 J&D Refunding mtge 4s 1949—M&S 4s stamped 1949-—M&S b Equip tr 5s 1938-39 (yr)..A&0 b Equip tr 434s 1941-45 (yr).F&A Los Ang-Pac Co ref 4s 1950—J&J Louisiana & North Western— 103" 101 , 95 X M&N 4% 101 Louisiana & Ark 5s A 1969-- -J&J Illinois Central— 153* 153* 4s 1975.M&S / 3d 7a ext to July 1938 at _ Hocking Valley Ry—1185* 1st cons gold 434s 1999—J&J Eq tr 6s 1938 (ann) A&O b 1.70 b 1.70 Eq tr 6s 1938-1939 (yr)...J&J Holidaysburg Bedford & Cumb 106 1st M g 4s 1951 guar -J&J Holyoke & West 43*s 1951-- A&O Housatonic con 6s 1937 M&N Hudson & Manhattan— 122 120 Lex & East'n 1st gu 5s 1965—A&O Lincoln Park & Charlotte— Mo Pac (old)—Gen Ask Bid Bonds Ask Bid Bonds Ask Bid Bonds defaulted bonds the date of issue (s.-a.)-.M&Sl5 Equipt tr 4348 '37-*46 (yr).J&J Equipment trust 5s..— Har Riv & Pt Ohes 4s '54 M&N N Y & N J Ferry 5s 1946 J&J 25 52 3934 3.75 375 3.50 9134 74 5834 403* 3.00% 3.00% 2 25% 943* aug., 1937] RAILROAD NOTICE—All bond prices are as near as Bonds Bonds New York Ontario & Western— Ref 1st g 4s June 1992 M&S Gen M g 4s 1955 red-. J&D N Y Pennsylvania & Ohio— Prior lien ext 4%s, 1950.-M&S N Y Phil & Norf—1st g 4s '39 J&J :,:i „ N N N N Income 4s Jan 1 1939 Stock trust ctfe 4s 1948 Y Y Y Y 20 N Y Susq & Western— 1st refunding 5s 1937 14* 109 % 103% 1st p 4s 1937 s f oPt gu—J&J Piedmont & Northern— 25 102% 25% 1st mtge 3%s 1966—-—J&O Pitts Bessemer & Lake Erie— 94 104% 95% J&J 2d mtge 4 %s 1937 F&A Gen mtge. 5s g 1940——-F&A Term 1st g 5s 1943 .M&N f N Y Westchester & Bos Philippine Railway—, Cons gold 5s 1947— Pitts Oin Chic & St Louis-— Ref & imp 4%s 2047 4sseries D 1945 Q&J 12 26 25 80% 106% 117 % gu 105% 95% 1938A&0 96% 75 110% 100% 100% 1.20% 2.00% 2.00% 104% North Penna 1st 3%s, 1953—J&J 103 Gen g 3 3-10s 1953 J&D 98% Northwestern Terminal RR— 1st M 5s 1977 An .-Apr / 40 ^5s 1948.--.^.—. / Norwich & Worcester 4 %s '47M&S Ogdensburg & Lake Champlian— 1st guar g 4s 1948 J&J Ohio Connecting 4s 1943 M&S Ohio Ind & Western 5s 1938 Ohio & Little Kanawha5s '5CM&S Old Colony RR 4s 1938 J&J 1st M 5%s 1944 F&A 107 117% 118% 1st & ref 4 %8 series B 1981 Pennsylvania RR— Con M 4s gold 1943——M&N Con M 4s gold 1948 M&N Con M 48 gold 1948 sterling stamped dollar— M 4%s gold 1960 g 4%s 1965 Con Gen Gen Gen Gen Deb Gen M&N F&A J&D g 5s Dec 1 1968 J&D M 4%s 1981 ser D—A&O M 4%s ser E 1984 J&J 4%s 1970 .A&O M 3%sser C 1970—A&O Conv deb 3%s 1952—____A&O 30-yr secured 4s 1938-1964. J&J 6 Eq tr 5s 1938 (yr) M&S Gen equip 5s 1937-39 (yr).A&0 Eq tr 4%s 1937-39 (yr)__A&O Eq tr 4s series E 1938-1949 J&J 98 IV* 98 95 106 98 91% 92% 25 27 92% 96 60 ' 102% 103 % 105 100 %6 105% 104% 105% 105 104 107% 100% 101% 102% 100 100% 101 104% 106 108 113% 113 113% 120% 111% 117% 107% 107% 102% 99% 121 112 118% 108% 108 102% 100 105% 3.50 2 80 Eq tr 2%s ser H '38-'52__M&N 2.75 Peor & East cons 4s 1940—A&O 90 2d cons inc 4s 1990 Apr 1 / Peoria & Pekin Union Ry— 1st g 5%s 1974 series A F&A 108 Peoria Ry Ter 4s '37 gu op...J&J / 69 Pere Marquette Ry— 1st g 5s July 1956 ser A..J&J 102 1st g 4s July 1956 ser B—J&J •c 93 1st 4%s 1980 ser C_._—M&S 95® Equipment trust 4%s— 6 2.90 Equip trust 2%s 1938-46—J&J 6 2.75 Perkiomen 1st 5s. 1938——Q-J 101 2d 5s. 193 Q-J 101 Phlla & Bait Cent 4s 1951—M&N 105 Phila Bait & Washington— 1st gold 4s 1943—......M&N 111% Gen 4s April 1 1960—...A&O 106% Gen 5s 1974 series B—..F&A 118 Gen M 4%s 1977 ser O— J&J k 114% Gen 4%s series D 1981-.J&D 112% 1052* 2.25 1.00 1.20 1.20 y0 2.25% 2.00% 92 10% .... , 109 71% _ 102% 96 a 06% 2.35% 2.25% 101% 101% „ b Basis. illpii ■ 5 13% 40 108% 113% 87 85% 2.75% 2.50% 99 107 13% 80 98 75 83 107 1st M 104 k Last sale, n Nominal. 73 95 97% 98% 2.00 2.00 2.00 71,^ 1.25% 1-25% l.g§% 73 103% 103% & St 99% 91 / 17 J&D J&J / 70 Louis Ry— 90 70 109 92 74 : 109% 99% 100 33% 75 79 35 21% / / 24% 21% 24% 72% 20% 23% 21 25 23% 21% 99 101 98 97 100 99 85 jk 42% 85% 53 / 30 33% 1.50% ft 2 50 1.50% 2.50% ft 3.50 103 J&D 102 105 109 103 W-B— Berwick RR 5s 1952 111 A&O Tampa & Gulf Coast— 1st g 5s 1953 A&O / 13 Tampa North 1st 5s '36 opt.J&J / 53 Tampa Union Sta 5s 1940.-M&N 95 Tampa Un Term 4-6%s '53.-J&J / 45 Tavares & Gulf 5s A 1935-— M&S Term RR Assn (St Louis)— 1st gold 4%s 1939 A&O 1st consol gold 5s 1944 F&A Gen ref s f g 4s 53 opt '10i -J&J Terre Haute & Peor 5s Gen & ref 5s 1977 ser B-.-A&O Gen & ref 5s 1979 ser O—A&O Gen & ref 5s 1980 ser D J&D Eq tr 5s 1937-1939 M&N 6 Eq tr 4%s 1938-42 (yr)-—A&O 5 Eq tr 4%s 1938-43 (yr)—F&A 6 Equipment trust 4s b ... Tex Pac-Mo Pac Term RR— 1st M g 5%s 1964 M&S Toledo Canada Southern & Dot— 1st 4s 1956 J&J Toledo & Ohio Central— Ref & imp M 3 %s ser A *60 J&D 110 105% 122 123 102% 102 104 102% 2.00 2.85 2.85 2.85 2.25% 109% 110% 104% 105 103 Transylvania RR 1st 5s 1956.J&J Tulsa Un Dep 1st 4%s '59..J&J 80 112% 102 103% 96% 106% 100 109 110 M&N lI6" 104% 78% 107 94 121% 17% 108% 98 gu 107% 116% 1st mtge 4s ser B 1967 J&J Toledo St Louis & Western— 1st gold 4s April 1 1950—A&O Tol Term 1st 4%s '57 104% 16% 14 106% St Mary's Div 1st 4s 1951 F&A Toledo Peoria & Western RR— 119% 24% / 1942-M&S Texarkana & Ft Smith— 1st M 5Hs 1950 guar F&A Texas City Term 6s 1941-J&J '26 Texas & NO con 5s 1943 J&J Texas & Pacific Ry— 1st gold 5s 2000 .J&D Tol Walhouding Valley & Ohio 1st g gu 4s 1942 ser O M&S Toronto Hamilton & BufTalolst gold 4s June 1 1946 J&D Consol M 4%s 1966 ser A. F&A / 20% / 25 A&O inc 6s 1938 coup.M&N Susquehanna Bloomsburg & 17% (s-a) M&S ft 2.50 123% 104% 72 94 102% Sunbury Hazleton & 87% 20% 23% M&N ..J&J 104% 1st M ....... & ref 5s 1972.. 72 100% 106% J&J 1st 3s Dec 1 1989 Suffolk & Car con 5s 1952 Sullivan Co RR 6s 1944 1% 72% 33% Certificates of deposit stpdEq tr 5s 1937 (year) M&! Eq 4%s 1938-'41 BB (yr).F&; 1st 2.00 2.15 Develop & gen M g 4s '56-A&0 Develop & gen 6s 1956 A&O Develop gen 6%s 1956--A&O Equipment trust 5 %a & Sou Texas— 1st M guar g 5s 1940 J&J 21 Pacific ext 1st 4s £ 1940...J&J St Paul Union Depot— Southern Railway— 1st consol g 5s 1994 Sturgis Goshen T Certificates of deposit Mortgage 4s Dec 1 1996—J&D St Paul East Gr Tr 4 %s '47—J&J St Paul & Kansas City Short Line 1st guar 4%s 1941 ..F&A St Paul Minn & Manitoba— M&S M&N Stephonville Nor 106% Prior lien 5s 1950 series B.J&J Certificates of deposit.. Cons in 4 %s 1978 ser A M&S St Paul & Duluth— 1st consol g 4s 1968 92% M&S w 104 Prior lien 4s 1950 series A- J&J Equipment trust 5s Equip tr 4%s 1938-1945—J&J 1 '49..J&D J&J St Louis Div fst 96% g 4s 1951-J&J Mobile & O coll tr 4s '38-M&S 89% Spartanburg Un Col 4s 1995.J&J 95 Spokane Falls & Nor 6s 1939.J&J 107 Spok Internat 1st g 5s 1955.J&J / 22% Stark Elec RR 1st 7s 1952—J&D / 17 Staten Isld Ry 4 %a 1943 103 J&D 106 M&S f J&J J&J 87% 76 g 5s 1996 Ry— J&J 8% 8% ' Aiken Branch 4s 1998 J&J E Tenn reorg lien 5s 1938 M&S 1st Mem Div 109% Certificates of deposit St L Peo & N W 5s 1948 J&J / 8t Louis-San Francisco Ry— 1st term & unif 5s 1952 Gen & ref 5s ser A 1990 Eq tr 5%s 1938-1939 30% 27 122% Eq tr 5s 1938-39 (s-a) M&S Eq tr 4_%s Oct '37-39 (s-a)A&O 109 1st gold 4s 1947 -J&J St Lawr & Adirond 5s 1996--J&J 2d gold 6s 1996 A&O Equipment trust 4s 2.00% 1.00% 104% 4%s 1957 J&J Ruti Can 1st g gu 4s 1949 J&J Rutland con 4%s 1941 J&J St Clair Mad & St Louis Belt— Alton Bridge 1st g 4s '51--J&J St Johns & L Cham 5s 1944-M&S St Joseph & Grand Island— St Loufe Southwestern— 1st g 4s 1989 2d g inc 4s Nov 1989 107% 109 1st colltr 48 1949 opt A&O Rock Island Ark & Louisiana— 1st guar 4%s 1934 Rock Island-Frisco Term / 15% 67% Stamped (Fed tax) 1955-J&J 95 107 1st g 4s Nov 1 1948——I-M&N Rich & Peters 4%s 1940 A&O Richmond Term 1st 5s 1952-J&J Richmond-Washington Co— Coll tr g gu 4s 1943 opt..-J&D Rio Gr June 1st gu 5s 1939 J&D Rio Gr So 1st g 4s 1940 J&J 1st g 48 guar 1940— J&J Rio Gr West 1st 4s 1939 J&J Gen cons gug 5s 1963 A&O Southern 111 & Mo Bridge Co— 1st M g 4s 1951 M&N South Indiana 1st g 4s 1951.-F&A Southern Pacific Co— Southern Pacific RR Oal— 1st con g 5s (guar) 1937.-M&N 1st ref g 4s 1955 opt 1910—J&J 104 1.75 13 Seaboard & Roanoke 5s 1931.J&J Seacoast RR prior lien 5s '48-A&O Shamokin Sun bury & Lewiso'g— 4%s 1969 with warr M&N 10-yr secured 3%s 1946 J&J Equip 5s 1938-1939 (yr)__M&N Eq tr 4%s 1938-40 (yr) J&D Eq tr 4%s 1938^1 (yr)—J&D Pacific Fruit Express— Eq 5s 1938-39 O (yr)_._M&S Eq 58 1938-41 D (yr) A&O Southern Pacific (Golden Gate Ferries) 1st 5%s 1949 A&O 107 106% 9 14% deposit 40-year 4%s 1968 50-year 4%s 1981 99% 107 94 26% (Oregon Lines) 110 . i It* Series A 1977 118 / of Coll tr 4s (OP) Aug 1st 4%s 108% 119 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 A 26% • 2d ext'd 5s 1945 -J&J 106 Shrev Bdg & Ter 5s '55 91 gu F&A Sioux City & Pac 3 %a 1936._F&A f. 36 Somerset Ry 1st & ref 4s '55 J&J 66% 1st M 4s July 2 1950 J&J 67* South Bound RR 1st 5s 1941 A&O / 32 South & North Alabama— 89 84% 84 3.50 3.25 ser F&A F&A Atlanta-Birmingham Div— 1st g 4s May 1 1933 M&S / Seab-All Florida Ry— 1st gu 6s 1935 series A F&A Certificates of deposit.. / 1st gu 6s 1935 ser B F&A Certificates 92 5s 1961 —J&J Portland & Rumford Falls— 5s 1951 M&N 113""" /This price includes accrued interest, II 5 103 Guar Salt Lake City Union Depot and RR 1st 5s 1938 M&N _ , 117% 117% 107% :::: 84% 6s 1945 Certificates of deposit notes 1931 Receiver ctfs 2-3 Ks '45 & Coal— 5s 1942-——J& J 4s 1943-M&N Ry— 1st M 4%s 1958 ser A J&D 1st M 4%s 1959 ser B A&O 1st M 4%s 1960 ser O A&O Eqtr 3%s Apr 1 1938-1946—Eq tr 2%s 1937-1946 J&D Pitts Young & Ashtabula— 1st gen 4s series A 1948—J&D 1st M 5s 1962 series B F&A 1st gen 5s 1974 series C—J&D 1st 4%s series D 1977 J&D Portl (Me) Term gu 4s 1961-J&J gu cons 12 15% / M&S / 5% secured 6% receivers' ctfs 1927—F&A / 12% Pittsburgh & Shawmut— 1st s f g 5s 1959 ——J&D / Pitts Shenango & Lake Erie-— 115 1st gold 5s 1940 ---A&O 115 Cons 1st g 5s July 1 1943—J&J St Louis City see Pac of Mo St Louis Iron Mt & Sou— Riv & Gulf Divs 4s 1933-M&N 109 1.50 1.65 1.65 - 18 97 Pa & N Y Canal con 5s 1939 A&O Cons mtge 4%s 1939 ..A&O Cons mtge 4s 1939 A&O Penn Ohio & Detroit RR— 1st & ref 4%s 1977 ser A.-A&O 107 14 Pennsylvania Company— 28-year secured 4s 1963—-F&A Gu tr ctfs g 4s 1952 .M&N Gu tr ctfs g 3%8 1937——M&S Gu tr ctfs g 3%s 1941 F&A Gu tr ctfs g 3%s 1942—J&D Gu tr ctfs g 3%s 1944 J&D Pitts Shawmut & Northern—■ 1st gold 5s 1949 ——J&A Gold 4s Feb 1 1952--—F&A / Reading Company— Jer Cent 4s '51 opt *06--.A&O Gen&ref4%s 1997 ser A--J&J Gen & ref 4%s 1997 ser B J&J Eq 4%s 1938-'45 (s-a)—M&N Equipment trust 5s Philadelphia & Reading RR— Imp M ext g 4s 1947—-A&O Extended 4%s Oct 1 1943— Term 5s g gu May 1 *41 Q&F Rensselaer & Saratoga— bds May 11941 M&N edericksbg & Potomac— Cons mtge 4 %s 1940 A&O Richmond & Mecklenburg— 102% S3 95 / 42 / 42 1st M 5s 1945 series B J&D / 42 1st M 4%s 1950 series O—J&J / 42 Ore RR & Navcons 4s 1946-J&D 109% Paducah & 111 1st 4%s 1955.J&J Paris-Orleans extl 5Ks 1968 M&S 6% franc bonds (foreign series) red to 1956J&D Paterson Extension 5s 1950-J&D Paulista Ry 1st 7s *42serAM&S15 1st & 116% 117% 116% 107% 1st 5s 1931 J&J Ral & Gaston 1st 5s g 1947—J&J Raritan River 1st g 5s 1939--J&J Reading Belt 1st 4s 1950—M&S 106% 101% 110 108 Santa Fe Prescott & Phoenixlst g 5s 1942 M&S 113% Scioto Val & N E 1st 4s 1989M&N 113 Seaboard Air Line Ry Go— 1st gold 4s 1950 A&O / 25 Stamped. __A&0 / 26 Adj mtge 5s Oct 1 1949—F&A / 8% Ref gold 4s 1959 opt A&O / 13% Certificates of deposit Raleigh & Augusta Air Line— 20 * 2d ext 5s gold 1938 -.J&J Cardelet Br 1st 4%s 1938.A&O St Louis City real est 5s '38 J&J 116% ....-M&N Prov Ter 1st g 4s gu 1956—M&S Prov & Wore 1st 4s 1947—A&O 103% Ore Short Line 1st 5s 1946--J&J 1st cons guar 5s 1946 J&J Oregon-Wash RR & Nav— 1st & ref g gu 4s '61 opt—J&J Pacific Coast Terminals Ltd— 1st Ms f 6%s 1948 F&A Pac Fruit Express—See Sou Pac— Pac of Mo 1st ex g 4s 1938--F&A 107 110 110 4%s series I 1963 -F&A 4%s series J 1964--.--—M&N Gen M 5s 1970 ser A J&D Gen M 5s 1975 ser B—A&O Gen M 4%s 1977 ser O—J&J 118% 110 100 Pittsb Term RR 1st g guar s f Pitts Va & Char Pitts & West Va 77 Ref & Imp 6s 2047 ser 110% Ref & imp 5s 2047 ser 100 Ref & Imp 5s 2047 ser D—J&J 100 Eq tr 4%s 1938-'40 (yr)M&S15 ft 1.80 Eq tr 2%s 1938-1947 M&S 6 2 40 Eq tr 2%s 1938-1946 J&J ft 2.40 Nor RR of N J gen 4%s 2000-J&J ,:70 No Ry of Oal 5s g F&A F 1953———-J&P 4sseries G 1957--.——--M&N 4s series H 1960—-—--*&A IVA 99 98% 105 99 M&N 4s series 90 104% 74% Q&F A.J&J B—.J&J C J&J -A&O 3%s series E 1949 IV* 60 72% ser 108% 110% 110% 70 < , lif)* 4%s series B 1942 4%s series O 1942 Apr 1 '33 to Apr 1 1937 coupons Northern Pacific— Prior lien g 4s Jan 1997Gen lien g 3s Jan 2047 J&J Con g gu 4%s ser A 1940-A&O 83% 30 Norfolk & Car 1st 5s 1939—A&O 2nd 5s 1946 J&J Norfolk Southern— 1st & ref g 5s '61 opt '15-F&A t 25% Certificates of deposit / 23 % Norf & South 1st 5s 1941.M&N 1st gen g 58 1954 opt J&J / §5" Norfolk Term 1st gu 4s 1961M&N 105% Norf Term & Transp 5s '48F&A 116 Norf & W Ry 1st con 4s '96-A&0 116% Norrist'n & Maine 1st 4s *52 M&S 104 Northern Central— Gen & ref 5s 1974 ser A—M&S 120% Gen & ref g 4%s ser A *74.M&S 120 Northern Ohio Ry 1st guar 5s— Oct 1 1934 & sub coups 1945 / 80 Oct 1937 and subs coupons / 72% Ctfs of dep stmpd as to sale of Apr '33, Oct '33 & Apr'34, '45 72% 101% 109% * San Fran & San Joaquin Val— 1st g 5s Oct 1 1940 A&O San Fran Term 1st 4s 1950--A&O _ Ry— 1st M g 4%s 1946 guar...J&J / Nord Ry s f 6%s 1950---.—A&O as to sale of Salt Lake & Ogden 6s 1934 San Antonio & Aransas Pass— 1st guar g 4s 1943 J&J 13% 100 J&D 103% A&O /100% A&O 80 F&A 108 M&N / 47 & Stamford 4s 1958 Bonds Phila & Chester Val 4s 1938.A&O 101 Phila Newton & N Y 3s 1942 A&O 100 Phila & Reading RR—See "Readi ngCo.' 108% M&N Prov & Bos 4s 1942 & Put 1st 4s g 1993 Short Line 4s 1957 Stamped BONDS "and interest" except where marked "f" and income and defaulted bonds possible for the closing day of the month preceding the date of issue are Quotations for all securities 98% 103 65 103% 1.50% 2.25% 2.25% RAILROAD BONDS 7 2 securities are as near as possible for the Quotations for all Bid Stocks Bonds and T. , A1 Great Southern com 114 96k 2.50 1.50 1.75 1.25 116 5s 46.M&S —M&S Co (Dallas)-— 100 (gu)—100 118 Atlanta Birm & Coast 1st mtge 118 112 HIM Cons g Baltimore & Ohio 106 100M 111 Beech Creek A 4s 1955 series A—.F&A 5% conv preferred (guar N Y Belgian Nat Rys Co— 111 Series B 1957 M&N Vera Cruz & Pacific RR— 1st guar 4Mb unassented 2% / *:v July 1914 coupon—J&J1934 ?:/V 3 July 1914 coupon off—.-J&J 1st guar 4 Ha assented— 3M Cash war & scrip ret No. o on 103 M Vermont Vail 1st 4Mb 1940--A&O Vicksburg Bridge & Term Co— 62 1st M 8*t 6s 1958— M&S 18 Debenture s f 7s 1948 M&S Vicksburg Shreveport & Pacific— 102 Pr lien 6s '15 ext 5% '40--M&N 101 Gen 5s May 1 1941 M&N 98 ref & impt 5s 1973 M&N 103 Va & Southwest 5s 2003 -J&J 96 1st cons g 5s 1958—....A&O American shares Bellefonte - 5Ji 64 20 Virginian Ry— „ 1st lien & ref 3 Mb A 1966-M&S Eqtr 4Mb 1938-1940 (yr)-_J&J Eqtr5s 1938 (yr) M&N Wabash Railroad Co— j 1st gold 5s 1939—..—.M&N 2d gold 5s 1939--.--.—F&A Deb mtge 6s series B 1939-J&J 97M 104 M 2.00 li75 105M 1.25 1.20 gold 4s 1954^J&J WA 95 95 Equipment trust 5 Ms—— Equipment trust 5s —— Eqtr 4Mb 1938-43 (yr)-. A&O Det & Chic ext 1st g 5s 41.J&J Des M Div 1st g 4s 1939--J&J Toledo & Chic 4s g 1941—M&S Omaha Div. 1st 3 Ha g '41-A&0 Wabash Railway Co— 95 95 60 28 _ B—F&A Ref & gen 5s 1976 ser Certificates of deposit--- — 27 Ref & gen 5s 1980 ser D__A&O Certificates of deposit-.—- 3 Ms Jan 1954 opt 62 J&J 1924 106 M 109 M Co—'6Ha 1945—F&A 1st gold 4s 1945 guar F&A Washington & Vandemere— 1st 4Mb 1947 F&A West Shore 1st 4s 2361 J&J West Virginia & Pittsburgh— 1st g s f 4s 1990 —A&O West Fruit Exp—See Gr Nor Western Maryland 4s 1952.A&0 1st & ref 5 Ha 1977 ser A—J&J Equipment trust 4 Ms Equipment trust 5s — West N Y & Penna 4s 1943-A&0 Western Pacific RR Corp— 1st M 5s 1946 series A M&S Assented 5s 1946— 92 92 1st g gu I Cin Union Term 6% non-cum 101M 108M 2.25% 2.25% 109 31M 111M I# 2.75 100 M 101 94 106 lilM 105 I J&D 16 45 f —- 19 M 103 M 4s 1949 Certificates of deposit 92 : IU2M 98 108M 115 21M Sup & Dul Div 4s 1930.-_M&N Certificates of deposit Marshl'ield & S'eastern div 4s h% 20 22 r 23 M 24 M r 14M 16 M r 15M 20 55 ..M&N Conn Eastern Ry— 1st gold 4Mb 1943 J&J Yonkers Ry see "P U" bonds— Yos«raite Vail s f g 5s 1936--J&J / Worcester & i." 4M 3M 12 13 16 16 River Pennsylvania RR Pennroad Corp v t c_ Paterson & Hudson Peoria & Bureau Val Peoria 6 365 (guar) 25 W 100 preferred P & R) 50 (guar).— 50 Preferred (guar Nor Cent). 50 100 4% non-cum 4% non-cum preferred--100 preferred--100 (guar) 50 (guar Pa RR)— 50 Ft Wayne & Jack pref (guar)-100 Georgia RR & Bank Co (gu)-l00 Erie & Pitts Ry— Iron Ore Prop trust ctfs—.—* Preferred (capital stock --* Green Bay & Western— 100 Gulf Mobile & Northern com. 100 6% preferred — 100 Hudson & Manhattan 100 5% n^n-cum preferred Illinois Central 100 ---100 pref series A_ _100 Loased lines (guar) 100 Stk tr ctfs—See RR Securs Co Internat Rys (Cent Am) com _* Non-cum 6 % -* ctfs 5% preferred Jollet & Chic (guar O & Kal Allegan & Gr Rap 100 A)—100 (gu)—100 Chic—Pref (gu)—100 Southern 100 Kansas City 4% non-cum preferred 100 Lackawanna RR of N J-..—100 Lehigh Valley-.......---— Preferred. - i-* original guar... Spec guar betterment 50 50 50 stk-- 50 22 111 6M 48 15M J* Vg:6 'v 57 14 20"" 20^ 35 M 1% St Louis 49 % 50 H 100 4-2% non-cum Southern 12 43 X 40 3M 2% 10 9 22% 24 40 44 60 M 61 6M 5M v; 6M 6M 50 % 50 154 92 148 88 117 112 18 : 29 H 64 32 15 15M 67 32 106' 51 75" 2M 6 100 6X 5% non-cum preferred 100 Saratoga & Schenectady (gu)-100 Seaboard Air Line common * 64 M 11 49 140 70 2X 100 Francisco Ry—100 Southern 1% 5X preferred—100 48 : preferred...—100 Tennessee ctfs 100 (guar)-—100 33 45% 55 X 90 35 21M 17 Central...—...... Preferred 4% non-cum preferred--—100 United N J RR & Canal (gu)-100 Susq Val (gu)-100 Utica Clinton & Binghamton.100 Valley RR (N Y) (guar) 100 Vermont & Mass (guar) 100 Vicksb Shrevep & Pac com..-100 Utica Chen & 5% non-cum preferred--..-100 Virginian Ry common.......100 6% cum preferred —100 Wabash Ry —100 5% non-cum preferred A—100 5% non-cum conv pref B—100 Warren N J (guar D L & W). 50 West Jersey & Seashore (gu). 50 Western Maryland 1st preferred 32M 44 M 49 Mob & Ohio stk tr Southwestern of Ga 5M 52 48 50 Pacific Co, ......100 Ry common ......-100 .....— 5% non-cum 124 118„ —........100 Texas & Pacific Ry 100 195 Troy & Gr'bush (gu N Y G)— 50 Tunnel RR of St Louis 100 22 50 H Union Pacific—Common—...100 21M 78 24 79 90 190 103 Bridge 1st pref 95 v 23 17 70 17 200 13Hi 15M 85 95 12 23 76M 90 112 112 165 100 Sharon 16M 163 34? 393 373 4 6% non-cum preferred 55" 15M 37 34 M 15X 33 72 St Louis Southwestern 72 22 H 24 H 100 preferred 2d preferred St Louis-San 166,: 22 118 88 200 45 i 32 X 100 Rome & Clint (gu Rutland 7% 92X 91 31 162 D & H)—100 Roch & Genesee Val RR 37 H 84 173"" 175M 100 ...100 6% guaranteed 7% guaranteed 65" 42 118 4% non-cum 1st 101 66 61 ... 50 pref 50 4% non-cum 2d pref 50 Rensselaer & Saratoga (guar)-100 Rich Fred & Potom—com—100 Dividend obligations--.—100 li" 36f 15 ^ ; 40 80 Reading Co 100 52 74M 154 1952—1000 }4% 111 Cent stk ctf 13 71 9M (gu)—100 16M 78 195 80 M 7% pref (guar Pa RR ) 100 Pittsburgh & Lake Erie 50 Pittsburgh & West Virginia.—100 Pitts Youngs & Ashta 7 % pref 100 Portland & Ogdensburg 100 Prov & Worcester (guar) -100 Railroad Securities Co— 20 10 H 32 76 — Pitts Ft W & Chic com 88" 41 25 166 108 107 100 100 150 75 16M 18H 17 X 127 8 270 50 -50 3 Ti 3% 120 50 220 —100 65 37?? Pa RR)-100 * Pittsburgh Bess & Lake Erie 50 Preferred 50 Pitts Cin Chic & St Louis 100 ioo>^ 7%-50 20 68 37 X —100 Piedmont & Northern 380 86M 19 58 55 100 & Eastern Phila Germ & Norris (guar)-. 110M 105 79 64 Phila & Trenton (gu ; 70 62 103 115 65 50 1 (guar)-.100 5% prior preferred 4H 3M 29 M 74 101 100 50 Marquette Ry com 5% preferred ... +2 99K 57 W) 50 Pere 5 nJK Elmira & W'msport Little Miami Passaic & Del Ext 11% 2% 2H 4K (guar)—}00 Detroit & Mackinac Ry ]00 5 % non-cum preferred 100 Duluth South Snore & Atl_.—100 K C St L & > 10 H 112 ..100 Securities Co Oswego & Syrac (gu D L & ,9M y 167 99 M 106 29 X ...100 N J (guar Erie)-100 106 163 M)__100 243 104M Ogden Mine RR (gu On N J)-100 Old Colony (gu NY NH&H)„100 2H 7% 2% ilM ■ 1M R~io Gr" West 6 % pref-100 Com vot trust 98 H 110 7M Great Northern 108 J&J A&O 103 M 72 k Erie & Kalamazoo 5s 1938 ...J&D Wilmington & Newbern— 1st gold 4s 1947 F&A Wilmington & Nor 4Mb '77--J&D Gen 5s Aug 1 1982 F&A Wilmington Ry Bdge 5s '43-A&0 Winston-Salem Southbound— 1st gold guar 4s 1960 J&J Winston-Salem Term 5s '66-A&0 Wisconsin Central Ry— i 51M 2M & 4H 14 X 3 240 North Pennsylv (gu P & R).. 50 Norwich & Worcester pref. .—100 20 100 preferred--100 preferred--100 1st 2d Northern 51M 94 M Erie-—Co mmon 18 North RR of 55 71 100 — 6% non-cum 17 101 1st guar g 1 4% 1st non-cum 4% 2d non-cum Denv & 106 F&A 6s 1939 Will mar & Sioux Falls— 1951 Pa RR) Southern Columbus & Xenia North'n N H (guar B Northern Pacific Ry 55 preferred-----100 112M _ Ry— 1 1938 Southern Ry— 1st gen g 97^ East Penna (guar 5s 1942— 1st & ref 4s 1959 96 5% pref-—100 & St L.—100 Detroit Hills & S / 12 36 88 2% 2% Ry Adjust 4% non-cum pref.100 No Carolina (guar Sou RR)_.100 Northern Cent (guar Pa RR). 50 Norfolk & Western 55^ 33. 128 14 100 100 -.100 Norfolk Southern ~9" — Special guar 4% Colorado & 82 127 119 100 7% conv preferred 134 35 52 403 513 831 1291 51 4M N Y Ontario & Western ii'H 34 ' Wilkes-Barre & Scranton 1st 4Mb May Willamette Val 17 6 22" 40 84 6 -—J 00 Pacific.-l 00 50 12 14 : 100 preferred series A 135 18" 13 M preferred------50 Cleve & Pitts (gu Northern N Y & Harlem com (gu)_.— : % 128 100 6% 12 12 -50 Conn & Passumpsic pref.-.--100 2.75% Consol Rys of Cuba 6% prof.]00 1.75% Cuba RR 6% non-cum pref--100 101X Dayton & Mich com (guar) 50 Preferred (guar O H & D) — 50 Delaware & Bound Br (guar)-100 Delaware & Hudson Co --100 107 Delaware Lack & Western— 50 39 Wilkes-Barre 1st guar g 5% non-cum -100 RR— 9M Cleve Cine Chicago ' M&N 4 Ms 1941 opt & Eastern— 94 2.65 7 J&J Sou 1st 6s '38 J&J '35 Ry— Cincinnati 2.65 _ fi!* ——-100 Sandusky & Cleveland 92 M 101M 107 X Equipment trust 5s— — Eqtr 5Ms 1937-'38 (yr)-_J&D 2Mb trustees ctfs Dec. 1 1938— Western Pocahontas 4 Ms 1945-Western Ry of Ala 4Mb '58—A&O Wheeling & Lake Erie RR— Ref mtge. 4s ser D 1966--M&S 1st consol gold 4s 1949—M&S Wheeling Term 4s 1940 F&A White & Black River Valley— Wichita Union Terminal Cin New Orl & Texas Preferred 100 inferred--100 N Y Chic & St Louis com 39 M preferred..—-100 6% preferred 94M 33 1H 100 * New York Central ~6M Common 7% n* New Orleans Great 38M 5% non-cum preferred——100 Chicago & North Western 100 7% non-cum preferred.——100 Chic R I & Pacific common—100 ' 93 M - Wichita Falls & 64 103 M 5s '39-J&J Wash Term 1st 5s 1980 75M 100M 99M Washington Co Ry 1st g guar 41 32M New Orl Texas & Mexico common—100 4% non-cum preferred Ohic Milw St P & pacific- 56 100 New London Northern 18 100 4% preferred Ry 50 National Rys of Mexico— 1st 4% non-cum pref 2d 5% non-cum 32 m 04 58 100 45 Nashv Chatt & St Louis 9H 132 2F 7% . Original Unstamped 1M 130 H Car 29 Warren 1st ref g 3Ms 2000--F&A Wash Cent 4s Mar 1948-- —Mar 88 H ' . Nashville & Decatur— 15 100 -*5 Chic Ind & Louisv Mobile & Ohio—See Southern .42 >15 5% class A 100 8% class B J 00 1st pref 7 % class O 100 1st pref 10% class D-—100 1st pref 4M% class E- -.100 6% non-cum pref stamped--100 Bost & Prov (guar Old Col)-—100 Camden & Burl Co (guar)—-25 31 4% non-cum preferred 9 1st pref 1st pref 11^ 32 Ref & gen 4 Ha 1978 ser O.A&O Certificates of deposit _____ _ 43 12 Clinchfield & O unstmp—100 Common stamped -100 32M Catawissa RR—1st pref (guar) .50 100 2d pref (guar P &R)-------50 100 Cayuga & Susq (gu D L & 77)_30 100 Central of New Jersey 100 Chesapeake Corp 71" Chesapeake & Ohio common—-25 91M Preferred series A 100 61M Chicago Burl & Quincy. 100 Chic & East Illinois common-100 30 6% preferred 100 32M Chicago Great Western com.-100 A—.M&S 32M 3X 3 100 5 % conv preferred .....100 Mobile & Birmingham— 10 iou Canadian Pacific 100 Missouri Pacific com 107 9 100 Canada Southern 65 28 H S 10 7 24 * 7% preferred series A 89"" . 91M Ref & gen 5 Ms 1975 Certificates of deposit— Wash & Frankl Ry 1st ------50 C)--100 Common 100 Mo-Kan-Texas RR com Morris & Essex (guar) Unstamped— v' , 1st pref 5% class A..---100 1st pref 8% class B_.—100 1st pref 7% class C-!100 1st pref 10% class D 100 1st pref 4 M % class E 100 6% non-cum preferred 100 7% prior preferred 100 Stamped— 1nn 104h 106 84 100 Mississippi Central 53 M 32 M IX 2% 2% 8M 100 7% non-cum preferred 4% leased line ctfs 28 M N Y Boston & Maine common - 1st lien term 50 M 87 M H 129 M 25 15 Minneapolis & St Louis 100 Minneapolis StP & S SM—100 72 42M 106M 38 M 56 X 1000 2 , 57 52 partic pref--- Central Boston & Alb (guar 19M 53 M 900 98^ 51 57 21 52 97 100 19% 720 6!°2 50 Navig. 50 Hav (gu)_. 50 Preferred 86 X 19 Minehill & Schuyi 168 56 0)—50 120 Mill Creek & Minehill 93 4% non-cum pref -—100 Bangor & Aroostook com -50 110 85 .-100 82 98 common—100 51 (guar100 Louisville & Nashville 103 M 162 Augusta & Savannah (guar)--100 Bait & Cumberland 7% gu—-50 118 . 99 M 80M Atlanta & West Point r-lyx Atlantic Coast L Co of Conn-.50 Atlantic Coast L RR com 100 97 3 Ms 1967 —F&A United N J RR & Canal Co—1st 4Mb Sept 1 1979 M&S General gold 4s 1944 M&S 1st 4s Sept 1 1948 —■M&S 1st 4Mb Feb 1 1973 F&A Gen 1st g 3Ms 1951 M&S Utica Clin & Bing 5s 1939—J&J 33 30 pref---100 49 173 33 (guar)---100 Atlan & Char Air L Bid Lykens Valley RR & Coal— 20 Mahoning Coal RR 50 Pref (guar LS&MS) 50 Maine Central 100 36M Preferred 100 38 Michigan Central 100 38 39 M Middl .nd Valley common—. 50 2} 33 P 96 M Eq tr £sT937"(yr). Union RR (Penn) 1st Deb 6s 1946 Vandalia RR— 90 98 M Albany & Susquehanna Alleghany Corp common 5M% pref (with $30 warr)-100 97 5M % pref (without warr)--100 1.75 5M % pref (with $40 warr)-100 2 M % prior conv pref 1.00% - * 1.00% Allegheny & West (6% guar) -100 1.00% Atchison Topeka & Santa Fe-100 5% non-cum pref 100 114M 36-year 3 Ms debs 1971-M&N 34-year 3 Ha debs 1970---A&O Eq tr 25is ser E 1938-52--J&J Eqtr Union Terminal 80 87 Alabama & Vicksburg _gu Preferred Lit Schuyi Nav RR & Louis & Mo Riv pref 78 5U -50 107 113 H 107 M T 1st ry & land gr 4s g 1947—J&J 1st & ref 4s June 2008—--M&S 1st & ref 5s June 2 2008--M&S • STOCKS 106 Ask Par Ooal(gu) 50 Stocks Ask Bid Par Stocks Ask RAILROAD Ohio) J&J Union Depot (Columbus, Gen 4Mb 1040 Union Pacific— marked *'(' and income and defaulted bonds closing dfty month preceding the date of Issue where bond prices are Mand interest** airunt All NOTIPF Ry com—100 .....100 4% non-cum 2d pref.-...-100 Western Pacific RR Corp 100 6% non-cum preferred-.*—100 Wheeling & Lake Erie Ry 100 6M % cum-conv preferred-. 100 110 105 45M 63 40 58 140 125X 92 M 126"" 247 252 93% 91 87 - 68 io5"" 95 131 82 127 78 '!'■85 90 175 170 y 126 I 118M 4H . 4X sx 8M 7M 8M 47 50 60 M 63 1 8% 100 105 v 15 1 2X iv 16 M 2M 7% 102 108 102 % 125 l ■ale. _ * No par value, t Quotations represent dollars per $100 face amount, b Basis. /This includes accrued Interest, k Last n Nominal. 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 Stocks and Bonds Par Bid Administered Fund 2d inc * Affiliated Fund com.-...-.--125 lg§g Air Investors Inc v t c * Convertible preferred- .... Warrants ''V * Aldred Invest Trust (Mass)— Deb 4**s with Alliance Investment Allied Int .* Corp ♦ American British & Continental— Common * $6 preferred Deb g 5s 1953 Amor Business Amer Coll tr s f 5s 1958 ser A American General Corp 2 preferred f2 j* preferred 33 80 12 Vs 13?* Gen'l Realty & Utilities com— W $6 pref (with warrants) * German Credit & Investment— Pref allot ctf 25% lBt pref—* 102** ... 275* AX 24 27 52 92** 95 85 86 J* 94** 7** 95** 37 _ Boston Fund Inc British Type Investors class A 1 Broad St. Invest Co Inc.......5 Bullock Fund Ltd l Canadian Internat Inv Trust— 24.94 22 _ cum pref series A Nat 75c 38.56 36.05 5s series A 1959 A&O Canadian Invest. Fund, Ltd 1 Canadian Pow & Pap Invest Ltd— Deb 5s series A 1958 F&A $3 26.67 55c 23** I'M 4.95 run 1 » 2 ...10 1 63 15** • '3;; 45 » •; •: .... Corp class A..""* 73 39** 41** Century Shares-Trust.... Chicago Corporation --..III*' Convertible preferred * 25.71 27.64 Christiana Securities com 100 Commonwealth In vestment ....1 Commonwealth Secure common-* jfe Preferred 100 Consolidated Funds Corp cl. A_1 $5 preferred $50 preferred Consolidated Invest Trust com 1 Warrants Continental Secur Corp com .1 5% preferred 100 Debenture 5s May 1 1942 Continental Shares com * 230 5.40 Class B * 8 4? 1** AA Accumulative series"! 1111 AA (modified) ACC (modified) Crum & Foreter Inc ...... Crum & Forster Insureh B„_ 7% cum preferred . Trustee Shares 68 73 95 , 17* 2598 °7** ; 17** 5** 2.87 3.70 3.70 25** 10 32 100 * 35" 112 6.48 Equity Corp common........ 10c $3 conv preferred —.....1 Equity Shares.......... Equity Trust Shares in Amer"11 Fidelity Fund. Inc Z* Corp............ 10 1956 * No oar value, t Called July 1 at 102. 2 1948 1 .... * 3.44 ... Preferred- 28 4** 19* 29.81 21.41 ; Series 25.78 20.74 Series S-2 26.36 _______ Series S-4 12.50 3 ..... Larkins Warr Trust. Major Shares Corp ......10 3 H * Maryland Fund Inc 9.70 10c Massachusetts Investors Trust--1 26.65 Mutual Investment Trust 16.44 10 National Bond & Invest com 26 * 5% preferred ser A w w 90 100 Nat Bond & Share Corp..... * ;$ 55 National Investors 3.00 .25o . common 7.45 75** 70c 2 38** 5** 4.65 30.34 25 e $5.50 prior stock... Conv preferred Allotment certificates Shawmut Bank Inv Trust— 22.70 28.89 Class AA Class B 4** Class D 80c 3** 4.05 61** 4.12 : 61** _ 97** 96 25 J* 112 18.89 * X 22.7I 4.35 95 1.02 117 3ofr 80c 13** 50** .............1 ... .......3 Warrants 5s conv deb 1953 J&J Trusteed Amer Bank Shares B 25c 7.55 Trusteed Industry Shares....25c Trustee N Y Bank Shares....50c "80c Trustee Stand Invest ser 0-.-..1 3.10 2 25 20.31 20c 32* 11.25 11.71 12.62 _ 122 56 4.6o 12.15 12.65 13.62 11.41 13.64 13.73 15.63 14.72 14.82 V'C • ...1 Trustee Standard Oil shares A..1 Series B 1 Union Investment common * Conv deb 5s 1946 M&S United N Y Bank Shares C3 * United N Y Trust Shares ser F. 16.83 Banking Corp.. Light & Pow U S Elec tr ctf A u Trust ctfe series B Voting trust ctfs .... U S & Foreign Securities com..* $6 1st oreferred U. S. & International 1st Sec.—.._ pref with warrants. ...» Utility Equities Corp..........5 102** __5 103** 13** 96 63 J* 95** 96** Conv preferred Utility & Industrial Corp ♦ ::::..i :::.i k Last sale, 2.76 3.54 3.48 3.28 n Nominal, 7 5 Convertible preferred 7 Wellington Fund Western Reserve Investing— Deb 5 **s 1944 F&A Shares— / Flat price 95 23 Supervised Shares 95 9** 4 10c IIIIIIIlOO ..... * __5 ... 30.40 Third National Investors... 1 17.97 Tri-Continental Corp * 27 6% cum preferred ...» 10.56 ZZZZZZ B common 10*63 4.50 2.09 North American Bond Trust Otfe. North American Invest Corp— Collateral 4s 1951 J&D North American Trust Ex-coupons. IX 92 ........... ._2 Class BB.............. ..1 Class O.. ................3 13.84 U S .... Electrical equipment Insurance stocks 1953. 1** - Class D Shares........1 preferred mm—m 60c $5.50 preferred w w. * Deb 5**s 1939 F&A 15 Standard Utilities Inc 16.54 State St Investment Corp.. * Sterling Securities common A__* Common B__............. 32.58 $1.20 preferred 23.39 $3 cum conv 1st pref 50 28.07 Super Corp of Amer class A 2 9H ...... cum mm 14.57 1.55 93 85 Common 1 $5 conv preferred ..1 Securities Co of New Jersey— 5**s series 2 Oct 1937 5s series 3 Dec 1937 6s series 4 Nov 1942 Securities Corp General com.. $6 preferred * Selected Amer Shares Inc 2*4 Selected Industries com .__* ..... $5.50 preferred Warrants .......... National Trust Shares— Remodified 1 Nation Wide Securities Co 25c $6 35 Standard Amer Trust Shares....1 Standard Investing Corp com..* 15.58 25 Niagara Share Corp (Md)— Conv deb 5**s 1950 M&N 88 36.70 mm "2"" 1** - Keystone Custodian Fund B-2__* Steel stocks 103 107 18" 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 ._* ** 1947 J&D nvestment Co of Amer .10 Investors Fund of America— Series O —..1 Investors Royalty Railroad equipment 46 18 % 105 Railway & Util Invest A 1 Preferred * Reliance Internat Corp com A 10c Preferred * $3 convertible preferred Selected Income Shares 5s series A Machinery stocks 51 17% A&O liH §i 17^5 4**s Mar 1 1942 M&S 5s March 1 1952 M&S Shenandoah Corp common.. 1 .... 1958 • 16 Building supplies 8 35 2.13 10c 1 ........ New York Stocks, Inc.— Bank stocks.■> m 1.16 * New England Fund 1 New Jersey Bankers Securities—* N Y Bank Trust 2.36 99 1.40 91 1 Incorporated Investors .....* Independence Trust Shares * Institutional Securities Ltd— Bank Group Shares Insurance Group Shares Insull Utility Invest— Deb g 5s Jan 1949——F&A Deb g 6s 1940 B with war. _J&J Insuranshares Co of Delaware..1 Insuranshares (Md) ctfs Inc...1 International Holdings & Inv...* Internat *1 Secur Corp Amer— 6** preferred 100 6% preferred 100 Interstate Equity common 1 $3 convertible pref A * Investment Bona & Share— Series B-3 Series K-l 12 100 Representative Trust Shares 10 Republic Investors Fund 25c 2.24 Reynolds Invest & 1948 A&O 1.72 Common stock 1 1.05 $6 preferred * 1.75 Royalties Management A......1 1.56 Schoellkopf Hutton and 1.92 Pomeroy Inc common.....10c 1.56 Second Nat Inv Corp— 1.57 2.30 > >"i, 37 .96 14.07 ....* Voting trust ctfs 3.46 3.22 Dividend Shares 25c Domestic & Foreign Investors— Deb 5**s 1947. F&A Eastern Utilities In vesting. Corp— Deb 5s 1954 ..M&S 15 Economic Inv Tr Ltd 5sA'57M&N Elec Shareholdings Corp com 1 $6 conv pref with warr ...._* Equitable Invest Tr (Mass)....5 ...... $7 preferred-. Debenture 5s series A Huron Holding Corp Hydro Elec Sec com New 28 116 B shares 3.50 C shares................ 1 D shares ..... 2.50 First Boston 3** 2.87 Cumulative Trust Shares » Deposited Bank Shs N Y ser A..1 Deposited Insur Shs. ser A 1 Diversified" 40 34 9 10 100 8% preferred 95* 4 •V 3.5 32** 2** i ......1 com 40 9 3 1 . A* 38 _ 6% preferred ~ic Corp Secure 5% notes 1935.M&.. Corporate Trust shares old ser..l 2375 6.84 * 4 ,-i I) AX. .85 1.50 1.43 1.77 1.53 1.44 2.13 Tobacco Shares IV* i2o* A* 16** 2.20 2.07 1.58 .96 1.61 ....... com 99 15** 3** 8** 36** 87** 1.38 Railroad Equipment Shares Guardian Investors $6 1st preferred $3 2nd preferred H* * 1955 1.06 Petroleum Shares 9 38 * ._* 2.03 ...... Steel Shares Atlantic Secur 4**s A 1953 .A&O f 57 Atlas Corp com 15** ............5 6% preferred 50** .........50 Option warrants. / 2** Bancamerica-BIair Corp ...1 9** Bankers Nat Investing com ♦ 3*8 Bankers Sec Corp com. 20 50 6% preferred 33 .......50 Basic Industry Shares........10 5.13 Central Investing shares Merchandising Shares Mining Shares.. J&J 86** Automobile Shares......... Building Shares...... Chemical Shares Food Shares 30 49 ** 5% preferred w w......... 100 5% preferred ex-warr... 100 10-year deb 3s 1946 J&D Associated Stand. Oil Shs ..2 Atlantic & Pac Int. com w w * Preferred w w --50 Carey Trust 6 V Corp 4**s 1959..—A&O Group Securities, Inc— Agricultural Shares 34** 25 .....25 Associates Investment...... ♦ 20 ment 16* 100 100 98 Railway & Light Securities com.* Conv coll tr 4**s series "11" Great Brit & Canada Invest¬ 1.19 14** 7% 98 10 10c Quarterly Income Shares Gleneagles Invest 5s June 15 1944 46 23 8% preferred ■ 1 36** 42 Investment (111)........* Convertible preferred 25 Capital Administration cl A i; Class B —— Trust— 6** 99 $6 preferred * Pub Util Investing 5s 1948-A&O Pub Util Sec 7 % preferred * $6 preferred Warrants General Investors .... Phoenix Sec Corp $3 conv pref class A Plymouth Fund Inc Prudential Investors 1 12** 9** 14 3** ; 99 Class B ♦ warr General 84 1.07 26 Amer 7% preferred $6 preferred w w Deb 5s Feb 1 1952 without 9 2** Pacific Investing Oorp— Deb 5s 1948 Series A Pacific Southern Invest pref Class A 7.00 Investors. _.* 11** 3** 30 1 2.3. 25.94 —♦ American General Capital Corp Investment Corp 36 ; 10c $3 preferred Amer General Equities Ins 25c Amerex Holding Corp * Amer Insuranstocks Corp.... * i General 6% 1 1 38** 37* ... i6ii ..... 38** .........—..._2 Class B 6** J&J . 1 Class A 33 1I21 * 1 Ask share 13 Common Debenture 4**s Feb 1 1947 Debenture 4**s Dec 15 1952 Old Colony Trust Assoc.... * Overseas Securities Co * Deb 5s Nov 1 1947 M&N Deb 5s April 1 1948 A&O "A 4.90 -—.... Bid Par Old Colony Invest Trust— 70 Fundamental Investors Inc 2 Fundamental Trust Shares Inc— 10c {3 preferred Common with warrants Warrants 10c .. 10.96 National Investors— Common ex-warrants— ? 2 50c Shares 5.50 prior pref * American & Continental Corp... Amer Elec Sec partic pref 1 American European Secur * [miM; I 20 Fourth Bonds Northern Securities see "RR" Oils & Industries com 1 Preferred 1 Oklahoma County Trust......10 3.85 4.21 conv ana Per 3.54 6s A 1949—J&D Foundation Trust Shares ser A..1 4 Stocks Foreign Power Secur Corp— 1st coll tr 67 F&A Capital Corp A Class B. 61 H * Ask share 3.86 13.20 _____ H ■jf. m ftt * com. Investing Corp com..* 10c Insurance stock series 10c ixed Trust Shares series A...10 Series B .......20 29 64 1968 Fiscal Fund, Inc.— Bank stock series— 4 58 $3 convertible preferred Amer Bankstocks . 11.12 (Can)— com shs Bid Per 20.07 x Deb 4Mb with com shs 1967 Aldred Investment Corp Par share 18.87 10.09 3% 26 ..... Stocks and Bonds Ask Per x Ex-dividend. 104 —i. y,>: Public Utilities telegraph, telephone and bridge and electric railways, gas. electric power, water, (Includes street NOTICE—All bond prices are "and Interest" except where marked "f" Quotations for all securities are as near as possible for the closing day of the i (Italy)-- Adriatic Electric Oo Extls f 7s 1952 (N 97 98 95M 83 M 89 M 96 M 98 M 1st M 5s 1957 ser A J&J Allegheny Gas Oorp 6 Ms ctfs '43 99 H r 90M M&N 1953 82 86 92 1H ' f a* f M&S 7s 1934.J&J Amer Rys Corp coll 4Mb Debenture 4Ms 1963 M&N 10M 45 85 19 112M 104M 99 y 99 M 113M 105 Conv deb 4Ms 1939.. .—J&J 25-year deb 3 Ms 1961 —A&O 30-year deb 3 Ms 1966 J&D American Toll Bridge— 101 5Ms ser A, B & O 1937-38.F&A 5 Ms series D, 1945 F&A 101M Amer Utilities 1st 6s 1945—J&D f 42 Deb 6 Ms 1941 M&N / 42 79 Amer Util Service 6s 1964 Amer Water Works & Electric— 107 H Deb 6s 1975 ser A M&N 99 Deb 5s 1975 ser B J&D Ana&Pot R RR-See WashRy&El 73 Anchorage Lt & Pow 7-5s'43 F&A Androscoggin & Kennebec Ry— * 102 X 82 108M 100 53 53 104M 106M 105 113 Appalachian Power 5s 1941--J&D Deb gold 6s 2024 J—J&J Ardmore St Ry—See Phila Co Arizona Ed 1st 5s 1948 J&J 1st 6s 1945 A&O Income 5s 1960 J&J Income 6s 1960 A&O Arizona Power 5s 1950 F&A 1st & ref 4Mb 1950 F&A Arkansas El & Wat 6s 1944-F&A Ark Louisiana Gas 4s 1951-.J&J Ark & Mo Pow 1st 6s 1953.-J&J Deb 6 Ms 1935 M&N 1st s f 7s 1953 J&J Arkansas P & L 1st 5s 1956-A&0 Ark West Gas 1st 5s w w *39. J&J Ashtabula Water 5s 1958.-A&O Assoc Elect 4 Ms 1953 J&J 5s Jan 1 1961 J&J 115 107 82 M 84 M 86 ■'•....88 34 36 36 38 100M 101M 14 50 ' 90 M Broad River Power Co— 99 M 92 101M 53" 57 69 Bklyn-Manhattan 49 Cons ref deb 5s 1968 A&O *1* 48 47 47 M 51M 48 M 46 49 75 <■ 76M 55 60 48 53 45 40 45 58 M 59* 50 49 48 50 43 M 44 M Associated Gas & Elec Corp— 8-year 8% ww M&S Conv deb 5s 1973 Conv deb 4Ms 1973 Oonv deb 4s 1973 96 98 M&S F&A J&D J&D 1940 8s ex-warrants 1940 Conv deb 5 Ms 1973 97 99 87 76 90 78 70 72 Income deb 4Ms 1978 Income deb 4s 1978 Income deb 3 Ms 1978. F&A 69 44 A&O 38 71 46 39 M&N 35 36 Income deb 3Ms 1978 M&S 34M 35 Associated Pub Utilities Corp— 1st lien 5s 1947 ser A -J&J 71M 72 M M&N 63 65 J&J 105 106 • -M&S Deb 6s series A 1958 Associated Telep Co Ltd 1st M 4s series B 1965 Associated Telep & Teleg Co Deb 5 Ms 1955 ser A M&N Assoc Telep Util deb 5s 1942A&O / 83 83 H 37 1 37 M&S r f 37 38M 38M 38M 37 38 M Conv deb 5Ms 1944 ser C-M&N f Certificates of deposit / 37 38M 38M Certificates of deposit_ Oonv deb 6s 1941 Certificates of deposit _ - 37 2-yr 6 % notes 1933 A&O /114 Certificates of deposit /114 Athens (Ga) Ry & Electric— 105 1st & ref s f g 5s 1950 J&J Atl Cons St RR—See Ga Ry & El 108 M Atlanta Gas L 5s g 1947——J&D 1955 M&S Atlanta Nor Ry—See Ga Ry & El Atlanta Wat El & Pr 5s 1943 J&J Atl Beach Bridge 6 Ms 1942 Gen mtge 4Ms "■Called Aug 1 at 103. 24 M 24 10! H 87 74M 65 98 118 118 102 M 100 M 103 M 104M 108 ,97 M 99 1964 108M 98 M Cent States Pow A&O A&O f This price includes accrued interest, 99M 80 81 77 78 101M ' 23 112M 105* 104M 102) 104) 103 M 1031A 98) 98 102 M 96 M 91 93 92 101M 108 104 X 103 M 96 M 978 98 M 78M 79 X 93 93 H 6 8 7H 106M 40 99M 71 73 69 69 1 M&S M&S 1942—_—M&S 5s notes 1942—M&S 109 107 75 55 Gen & adj 5s 83 Chattanooga Ry & Lights— 1st & ref g 5s 1956 op 16.M&N 1st cons 5s '56-M&N Ches & Pot Tel of Va 5s *43-M&N Chester Water Service Co— 1st 4 Ms 1958 series A M&S Chic Aurora & Elgin RR— 1st & ref 6s 1951 J&J Chicago City & Connecting Ry Coll tr s f g 58 Jan 1,1927-A&O Certificates of depositChicago City Ry— 1st 5s (15% paid) 1927—F&A/ Certificates of deposit—-. Chic Dist Elec Generating— 1st M 4Mb 1970—M&S 1 st 6s series B 1961 M&N Chic North Shore & Milw RR— 1st mtge gold 5s 1936 J&J 1st & ref os 1955 ser A J&J 1st & ref 5Ms 1956— A&O Chicago Railways Co— 1st 5s 1927 stpd as to 25% pt 106 84 70 ' 107 H 102 104 81 66 Ghatt Rys 101M 22 98M . 74" 43 18 1st 5s 1942 93 M 58 X 58 A—M&N Consol gold 5s 1999— Charleston Transit Co— 56 M 57 X 57 1953.J&J 109 64 56M & Lt Corp— 1st 1 coll 5 Ms 1956 ser _ 88 99 88 M 100 99 H 99 M 95 22* 97 96 95M 93 92 M 90 89 M 90 84 88 84 83 87 59 % 101M 102M 97 40 114M 113M 105M 94 M 115M 115 106 94 M 105 c „ ijc-.r: llOM 110M 105M 105 M ^ red and pay Aug Certificates of '27.-A&O _ _- Series B Feb, 1927 J&D Certificates of deposit Pur mon 4-5s Feb '27 opt-J&J Certificates of deposit Adj inc 4s Feb 1927 opt.rMay Certificates of deposit Chicago Rapid Transit Co— 1st & ref 6 Ms 1944 J&J Certificates of deposit 1st & ref 6s 1953 ser A---.-J&J Certificates of deposit 1963..J&J Certificate of deposit Chicago & West Towns Rys— 1st cum inc 5s 1937 -J&J Ry. 113 Chippewa Power 6s 117 1947—J&D 1st mtge 3 Ms 96M 97 95M 96M 1st mtge 3 Ms Cin Newport & 100* 105 M 93 M k Last sale, 65M 65M 66 M 105 104* ' 5M 3* 3* 1966 —.F&A 1967 J&D Cov L & T— 1st ref 6s 1947 series A J&J Cincinnati Street 1st 99 M 94 M m 5 Ms ser Ry— A 1952 1st 6s 1955 ser B n Nominal. p|i 66H 105 H 105 M 6 4M 4M 67* 68 M 67 68 18M 18M 8* 8M 11 11 5 19 X 19 M 13 13 ^ 5H 5 55? A&O A&O ( 9 9 7 7 7 7m 1 H 1 10,. , 10H 105 M 106 M 101H 101H 104 M 104 X 102 M 103 M Cincinnati Gas & Electric— 105 M 115 97 M 14M 14M _ 1,1933-.F&A Cons M 5s ser A Feo 7X 13* 13* . deposit Adjust deb 6s July, 110 6* — Certificates of deposit--42 99 61 5Ms series B 1956 M&N 5s series O 1933 J&D Charleston Cons Ry Gas & El 25M 96 M 94 106 1st mtge 3 Ms ser B 1966--F&A Central West Public Service Oo— 125" 102) 100 ' . 106 M 102 5s 1944_——--J&J Cent States Utilities 6s 1938.J&J Cent Vermont Public Serv Corp Coll trust 101 , 98 M Debenture 104M 101M b Basis, _ 1st M & 1st lien 5 Ms 109 104M 73 H Corp— 96 94 M 107 Central States Elec Corp— Conv deb 5s 1948 J&J Deb 5 Ms 1954 M&S 15 California-Oregon PowerDeb gold 5 Ms 1942 1st mtge 4s 1966 90 M 99 X 113 X 99 M —-...F&A Util.(ws)inc5Ms-l952 / Central States Edison, Ino— 1st coll inc 3-5s 1950-—-M&S / 108M 92M 102 113 Conv deb 5Ms '49 105 120 86 85 100 105 M Cent Public 105" 100M 6s 1939 -—.-.--J&J Brooklyn Queens Co & Sub— 1st m g 5s 1941 (stpd) J&J 1st con 5s July '4l (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 lien & ref 5s ser B 1957 M&N Deb 5s 1950 J&D Buff Gen Elec 1st ref 5s 1939-J&J Gen & ref 5s 1956 ser A—F&A Gen & ref 4 Ms 1981 F&A Buffalo Niagara Electric— Gen&refM3Msser C '67-J&D Buff & Niag Falls El L & Power— 1st gold 5s 1942 F&A Buffalo Traction 1 See Buffalo & Lockport flnternat Burlington (Vt) G L 5s 1955—J&J Butler Water 5s 1957 A A&O Butte El & P 1st s f 5s 1951. _ J&D Calgary Power 1st 6s 1960--A&O 104 101 Transit Corp J&D California Gas & Elec Corp— Unif & ref g 5s '37 op s f—M&N 109 62 M&S / Cape & Vine'd El 4s A '65--J&J Capital Traction (Wash, D C)— 1st g 5s June 1,1947 J&D Carolina P & L 1st 5s 1956-A&0 Cedar Rap Mfg & P 5s '53— J&J 105M Cent Ark Pub Serv Corp— 1st & coll tr 58 1948 ser A„F&A 104 M Central Elec of N J 5s 1940.-J&J Cent El & Tel 1st 5s scr A '55 J&J Central Gas & Elec 6s 1946.M&S First lien coll tr 5 Ms '46--J&D 63 Central Georgia Pow 5s '38-M&N 103 Central German Pow 6s '34-J&D Cent Hud Gas & Elec Oorp—_ 114M 1st & ref 5s 1941 —J&D 120 M 1st & ref 3 Ms 1965 M&S 122 Cent Ills Elec & Gas Oo— 1st & ref 5s 1951 F&A 119M Cent Illinois Light 3 Ms '66. - A&O Central Illinois Public Service— 1st & ref 5s 1956 ser E—-M&N 103 M 1st mtge 4 Ms 1967 ser F—J&D 83 1st & ref 5s 1968 ser G M&N 1st & ref 4Ms 1981 ser H..J&D 29M Cent Indiana Gas 5s 1957—M&S 27 i. Central Indiana Power Co— 30 1st & ref 6s 1947 ser A J&J Cent Iowa Telep 5Ms A 1947. J&J 33 Cent Maine Pr 5s '39 op '19-M&N 1st & gen 4s ser G 1960—A&O 1st & gen M 3Ms ser H '66-F&A 88" Cent Ohio L & P 1st 5s 1950-A&O Cent Pow 1st 5s 1957, ser D.J&J Cent Pow & Lt 1st 5s 1956--F&A 103 1966 M&N Coll trust 3s 1938--M&N Coll trust 38 1939 M&N Coll trust 3s 1940 M&N Coll trust 3s 1941 M&N Coll tr series 3Ms 1942___M&N Coll trust ser 3 Ms 1943—M&N Coll trust ser 3 Ms 1044--M&N Coll trust ser 3 Ms 1945—M&N Col trust ser 3 Ms 1946—M&N Coll trust ser 3 Ms 1947—M&N Coll trust ser 3 Ms 1948-.M&N Coll trust ser 3 Ms 1949.-M&N Coll trust ser 3 Ms 1950--M&N Coll trust series 3 Ms 1951 _M&N Brooklyn City & Newtown RR— 1st s f 5s __ 156M Cent Pub Serv Coll trust 4 Ms 48M ■ 40 27 % 24 M Brooklyn Edison Co— Consol mtge 3 Ms 1966---M&N 57 .. 80 „ 56 M&S M&N S f inc deb 5 Ms A 1983 F&A 8 f inc deb 5s B 1983 M&S S f inc deb 4 Ms O 1983—M&S S f inc deb 4s D 1983 M&S S fine deb 5 M-6 Ms A1986 F&A 8 fine deb 5-6s B 1986---M&S 8 f inc deb 4 M-5 Ms O '86.M&N 8 f inc deb 4-5s D 1986—-M&S 102 X 1st & ref 5s 52 1958---M&N 62 M 103 M 101 1st mtge 5s ser A 1955—M&S Canadian West Telep 5 Ms '56J&J 99 1954 ser A M&S Bway & 7th Ave—See N Y Rys Bklyn Borough Gas 5s 1967-F&A Bklyn City RR 1st 5s 1941—-J&J Conv deb 4 Ms 1948 Oonv invest ctfs 5 Ms 35 Brandenburg Extl 1st s f 99 M 90 Oonv deb 4 Ms 1949 Cons ref deb 4 Ms Corp— 89 M 49 Oonv deb 5s 1950 34M 118M 126M J&J A&O _ 67 M 103 Canadian Utilities Ltd— 101M Bergen Turnpike 5s 1951 Berkshire St Ry 1st 6s '37—J&D / Berlin City Elect 6Ms 1951- J&D / Sink fund deb 6 Ms 1959--F&A f Deb 6s Apr 1,1955 A&O / Berlin Elec Elev & Underg Rys-— 1st mtge s f 6 Ms 1956-—-A&O f Binghamton (N Y) Gas Works 1st 5s 1938 ---A&O Birmingham Elec 4Mb 1968-M&S r Birmingham Gas 1st 5s '59-M&N 6% notes extended 1938--A&O Birmingham Water Works Co—1st m 5 Ms 1954 ser A__—A&O 1st m 5s 1954 ser B ---J&D 1st mtge 5s 1957 ser O ?&A Blackstone Val G & E 5s '39-J&A M & colltr 4s ser C '65—M&N Bleecker St&FulFy-See NY Rys Bloomington Dec & Champagne 1st & ref 5s 1940 M&N Blue Lakes Water 6s '38—M&S Bolivian Power 8s ser A '45. A&O Boston Elev Ry 4Ms 1937--A&O Deb g 4 Ms Nov 1, 1941—M&N Deb g 5s Dec 1942—-—J&D West End St 5s 1944——M&S 7s Sept 1947 M&S 100 101X 89 M M&N F&A J&J Conv deb 5s 1965 Canadian Rail & Harbor— Term 6 Ms 1951 (Germany) El Pr— os 1953 M&N / 24 108 102 X Bridgeport Gas Lt 4s 1952. _J&J 106 90 M British Col Tel 5s 1960 J&D 105 53 1st 4Ms series B 1961 J&D 97 11 Associated Gas & Elec Co— Oonv deb 5 Ms 1977 F&A 20 30M 113M 119M 120H • 50 M&N 1st & ref 5s 1956 100 51;. M&S Androscoggin W Pow 6s *45-F&A Appalachian Elec Power— 15 / A&O .J&J 1958 104 / Corp '53-M&N 5s '49 op '14 J&J 29* 105 1st g 5s 1957 ser B -J&D 1st mtge 5s 1960 ser O—-M&N Bell Telep Co of Pennsylvania— 1st mtge 5s _ Canadian L & P ' Bell Telephone of Canada—r 1st g 5s 1955 ser A -M&S 1st & ref 5s 1960 ser O F&A Canada Nor Pow coll 5s B Bellows Falls Hydro-Elec 101M 100 100 „ 92 H 64 Ask Ry— & South Chicago 1st (35% prin paid) 1927 Camden & Sub Ry—See P 8 oo 105 M Water 5s '60-M&N Beaver Valley 49 M 83 16 1 Amer Telep & Teleg— * Deb 5Ms Nov 1 1943- —M&N 1st 6s 1940 ser 1st & ref 5s 1948 ser B J&D / Calumet Beauharnois Power Corp— Coll trust s f 5s 1973 w w—A&O Amer States Public Serv- 1st 1 5Ms 1948 ser A Deb 6s 1938 93 1961-M&N Calif Water & Telephone— 1st mtge 5s 1965 M&S Calumet G & E 5Ms B I960.J&J 106 . 43 A&O 96 90 104 % F&A Co—. 103 M A&O 8 f Income 8s 1953 A&O f 50 Beauharnois L H & P 5Ms'73 J&J 1st M 5s 1959 81 62 '53-A&O 93 J&J Bear Mt Hud Riv Bdge 1st 7s 1953 23 M f 9M Fuel & Pow 107 M Amer G & E deb 5s 2028. --M&N r 45 Am Gas & Pow deb 3-5s '53-F&A Secured deb 3.60-6s 1953.-J&D f 48 92 Am Pow & L dob 6s 2016—M&S Amer J&J Bangor Hydro Electric— 1st mtge 3 Ms 1966 J&J Barstow (W 8) deb 6s 1942--A&O Baton Rouge Electric Co— 1st mtge 5Ms 1954 J&D 14" 80 Oo— Amer & Foreign Power Deb g 5s 2030 1% i% 10M 22 M ' 98 M Deb 4s series A 1975-——J&J / Deb 5s series A 1975J&J / Deb 5s series B 1975 J&J Amer Commonwealths Power— Deb g 6s 1952 ser A F&A Deb g 5Ms 98 Baltimore Transit Co— 105M Oonv deb 6s 1940 M&S Am Community Power 5 Ms 1953 5 Ms Certificates of deposit 1953 Amer Elec Pow deb 6s '57 M&S15 Calif Water Serv 4s B 101 J&J Augusta Ry & El 1st 5s 1940 J&D Aurora Elgin & Chicago Elec Ry 1st 5s 1941--A&O / 84 J&J 1939 1st coll 4s Jan 1 1954 84 H Bid 100 Bonds M&S Atlantic City Sewerage— 1st s f 6s ser A 1956 J&D Atlantic Co Wat 5s '58 ser A M&S 35 r 1952—M&S Alton Water 5s 1956 A&O Altoona & Logan Val Elec Ry— Alliance Power 1st 6s Atlantic City Gas 5s 1960 1st lien & ref 5s 1957 94M 102 100M Alabama Water Service Co—- Amarillo Gas 6s Atlantic City El 5s 1938 Gen mtge 3 Ms 1964 80 A&O Ala Gas Oo 1st M 4Ms 1951-F&A Alabama Power 1st 5s 1940-M&S 1st & ref 5s 1951 J&J 1st & ref 5s 1956 M&N 1st & ref 4Kb 1967 J&D 1st & ref 5s 1968 M&S and income and defaulted bonds month preceding the date of issue Ask Bid Bonds Ask Bid Bonds companies.) 95 98 97 99 AUG., 1937] PUBLIC UTILITY BONDS 75 NOTICE—All bond prices are "and interest" except where marked "f" and income and defaulted bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Bonds Bid Cities Serv deb 5s Jan *66.—M&S Deb g 5s Apr 1958 A&O Deb g 5s 1953 MAN Deb 5s 1969 M&S Conv deb 5s 1950-----—J&D Cities Service Gas Co— Ask Bonds 73 72 M 71M 72 M 72 M 72 71H 1st M pipe line 5 Ms 1942. M&N Cities Service Gas Pipe Line Co— 1st M 6s 1943 J&J Cities Service Power & Light— Deb 5 Ms 1952 M&N Deb 5Ms 1949 -J&D Citizens independent Telephone 1st mtge s f 4 Ms ser A *61.. J& J Citizens Utilities 3% notes 1955 Citizens Water (Scottdale)— 1st 5s series A 1953 J&J Citizens Water (Washington, Pa) 6M« A 1951 J&J Mo) 1st s 68 M 101 36M 65 75 102 103 105 l;1^- 78 101 ^ City Water (Chattanooga)— -J&D s f 4s series 6 1965 105 M&S Colonial Util 5 Ms June 1,1958— Colorado Cent Pow 5 Ms *46-J&D Colorado Power 1st 5s 53--M&N Columbia Gas & Elec Corp— Deb g 5s 1952 M&N 1st 1st 1st 1st 1st 1st Co— 60 98 102 108 101 102 M s) 1948- Non-cum inc deb 6s (x s) 1948 101M 99 M 9 107 M 105 59 64 29 M 30M 15 92 98 ftQ 99 74M M Deb g 6s 1946 ser A J&D Deb g 5Ms 1946 ser B—M&S Conestoga Trac 1st 4s 1950--J&J Coney Isl & Bklyn cons 4s '48 J&J Connecticut Light & Power— 1st & ref s f 7s '51 ser A—M&N 1st & ref M 3M« ser F '66.M&S 1st & ref M 3 Ms ser G '66-J&D 25-year deb 3Ms Conn Ltg & Pow 5s 1956—-M&S, '39 J&J 100 30 75 73. 69 M 55 19* 60 50 124 125 104 M 105M 102 M 101M 104 103 M 105 104 M 122 123 Connecticut Power— 1st & coll trust 5s 1956—-J&J Lt 4 Ms 1951 J&J Conn Ry & Stamped guaranteed optional Conn RIv Pow 3 Ms ser A*61 F&A Connellsv Wat 5s Oct 2 '39.A&0 Consolidated Cities L P & Tr— 1st lien 5s 1962 stamped..J&J Oonsol Edison Co of N Y— Debenture 3 Ms 1946—-A&O Debenture 3Ms 1956 A&O Consol Elec & Gas 6s 1962 -M&N 6s series B 1962 —F&A 6% secured notes 1937—F&A Consol Gas of Bait 5s 1939—J&J Gen g 4 Ms Apr 1954—A&O Consol Gas Elec Lt & P (Bait)— 1st & coll 6s 1943 * 6s ser , A.J&D stamped 1943 J&D Conv deb 6Ms 1943 A w w J&D 6% notes, 1940 A&O Oonsol Hydro-Elec Wks of Upper Wuerttemburg 1st 7s '56.J&J / Cons Tr (N J)—See Pub Ser Corp Consolidated Water of Utica— 1st 4Mb 1958 M&N 1st M 106 M 107 M 104 M 105 100 78 77 104 104 M 57 M 55 99 104 M 104 M 100 106 H 120M 107 M 122 101M 107 102 M 78M 78M 107 M € 80 80 95 31 25 97 J&D 98M 103 5s 1938 100 Consumers Nat Gas 6s '44-M&N Consumers Power Co— 1st mtge 3 Ms 1965 .—M&N 1st mtge 3 Ms 1965 M&N 1st mtge 3 Ms 1970 M&N 1st mtge 3 Ms 1966 M&N Consum's Water 1st 6s A '46 M&N Deb 5Ms series A 1970—A&O Contln Gas & El deb 5s 1958 F&A Continental Pub Serv 6s '40. J&D Continental Tel 5s *53 -F&A Cooper RivBri'geinc 1st 6s'58M&N Copenhagen Telephone Co— Extls r 5s Feb 15,1954.F&A 15 Pow 4 Ms 1956—J&D Council Bluffs Gas 5s 1948—M&N Copper DIst ♦ Called Sept 1 at 102M. 86 105 M 103 M 102 M 99 M 75 107 M 109 102 M 100 M 86M 78 50 87 60 64 95M 63M 64 M 45 96 102 X 103M 79 107 Erie Ltg 1st m 5s 1967 A&O Erie & Suburban Ry 5s Fall River Elec Lt 5s 1945.-J&J Federal Light & Traction— 1st 5s (Amer series) 1942.M&S 1st 5s (Internat ser) 1942—M&S Stamped M&S 1st lien g 6s 1942 105 Debenture 6s 1954 103 % 105M ser 27 104 M 25 105 29 106 M 102 102M 95 10'lM 100M 103 M 104 90 Fed'l Pow & Lt 6s Nov 1,1965 Federal St & Pleasant Valley 96 30 Passenger Ry 5s 1942 Federal Water Service Corp— Conv deb 5Ms 1954 ..M&N Federated Utilities Inc— 38 40 78M 80M 79 82 79M 80M 91 93 90 100 102 105 29 M 38M 38M 3M 3M 80 Certificates of deposit Conv s f deb 6Ms 1948. -M&N Certificates of deposit 1st 5s, 1966 M&N Detroit City Gas Co— 1st mtge 68 1947 series A.-J&J 1st mtge 5s 1950 series B..A&0 Detroit Edison— - 30 M 80 M 1 106 M 106 H 105 M 105 M 114M 105 M 115 106 M 110 Gen & ref 4 Ms 1961 ser D.F&A Gen & ref 5s ser E 1952 A&O Gen & ref M 4s ser F 1965.A&O Gen & ref M 3 Ms ser G '66M&S 110M 105M 104 M International Bridge— 1st mtge s f 6Ms 1952 F&A! Certificates of deposit 8 f deb g 7s 1952 6M 2M 6M 2M F&A|f Certificates of deposit „ •; 7M 2% 7M 3 Det & Pt Huron Shore Line— 1st gold 5s 1950 100 1st 6Ms 1937 A with war.M&S Dom Elec Pow 5Ms 1955—M&S Dominion Gas & Elec— _ Duluth-Superior 100M 96 .6MS 1945 with warrants.-J&J Dortmund Munic UtU (Germany) 20-yr s f 6Ms 1948-——A&O / OS 89 M 90M 24 M Transit M&S 52 Dumbarton B'ge 6Ms to *49-J&J Duquesne Gas Corp— 104 1st ws _ conv 6s Mar 15,1945 |r 9Q Durham Trac 1st 5s 1941 M&S East Coast Pub Serv 4s 1948— East Coast Utilities— 89 101 102 102 64M 1st coll 5Ms ctfs 1937 A..F&A f 75 7% 1932ctfs of dep ...J&J /100 East Jersey St 104 Ry 5s 1944.-M&N E. Kootenay Pow 1st 99 M 7s '42.A&0 East Prussia Pow 6s 1953 J&D / 24 E St L & Interurb 100 Wat 5s '42 J&J 1st mtge 6s 1942 101 J&J 1st m 5b 1960 ser D 103 F&A 66" Ref 5s 1948 B ..._J&J Ref 6s Jan 1948 ser C—M&S 15 Ref 6s series D 1948 Ref 6s series E 1948... m Eastern Michigan Rys— 1st mtge colltr 7s 1958 J&J f Adjt 6s due July 1958 A&O ' Eastern Minn Pow 5 Ms 1951 M&S Eastern Oregon Lt & Power— jv 5Ms series A 1951 M&S 58 series B 1953 J&J Eastern Shore Pub Service Co—1st m 5Ms 1947 ser A M&S 1st M & 1st lien 5s 1955 B M&S Easton Cons El 5s 1949 M&N Economy Lt & Pr (111) 5s '56.J&D Edison Elec Ilium of Boston— 3 Ms 1st M s f July 1, '65.J&J Ed E. Ill(Bkn)See _ 100M 25 M 102 87 105"" 87 X 98 101 78M 39 41 J* 99 94 100 97 M 90 3 60 mmmm 101 99 M 70 104M 105 1st m 5s 1950 ser A..— J&J Called Aug. 1 at 101. 97 M 42 M 42 M 92 117M 117M Gen 5s Nov 1,1954 M&N Gatineau Pow 1st 5s 1956 J&D Debenture gold 6s 1941-J&D 15 Deb 6s 1941 series B A&O 103 103M 101M 101M 101M 101 101 General Public Utilities1st M coll tr 6 Ms ser A*56.A&0 1st mtge & coll 6Ms C55-A&0 General Water Wks & El Corp—! 1st lien & col 58 1943 ser A.J&D Georgetown Gas Lt 1st 5s'61 F&A Ga-Caro Pow 1st s f 5s *52-J&J Georgia Power 1st 5s 1967--M&S Georgia Power & Light Co— 1st mtge 58 1 978 J&D 101M 102 M 102 H 83 M 84 83 84 M 87 X 112 101 96M S8* 102"" 96M 73 71M Atlanta Cons St 5s 1939. .J&J 103 Atlanta Northern Ry Co— 1st guar 5s '54 103: op '90 J&J Gesfurel 6s 1953 x w J&D / 29 Grand Rapids Gas L 5s '39.F&A 105M Grand Rapids Ry 1st 7s '39.M&N / 22 M Great Cons Elec Pow (Japan)— 1st M 7s 1944 -.-F&A 1st & gen 6 Ms 1950 J&J - .... mmmm mmmm 23M 1st & ref 4Mb 1953. Green Mountain Power 1st mtge 58 1948 96 92 93 Great Lakes Power Ltd— lstsf 4Mb 1956 M&S Great Lakes Utilities Co— 1st Hen coll tr 5 Ms 1942-M&N Great Northern Power— 1st 5s stamped 1950 F&A' Green Bay & Miss Canal— 94 63 107 65 .... 102 102 M 103 104 98 100 98 90 M&S 100 Corp— F&A Col tr 5s 1952 series A .A&O Col tr 5s 1952 series B A&O Gulf Coast Water 1 st 5s '48-F&A Gulf Power 1st 5s 1968 A&O Gulf Public Service Co— 101M 1st mtge 6s 1945 A&O Gulf States UtiUties Co— 1st M & ref 4s ser O 1966-.A&O 92 oo Elec Co Extl g s f deb 7s 1935..-M&N 93 103 10-year 4Ms deb 1946 A&O Hackensack Wat 4s'52 op'12 J&J Gen&ref 5s June 15'77 A J&D15 5Ms June 15, 1977 ser B.J&J 5s secured notes 1938 J&J Hamburg (Germany) 91 103 M f 30 gound & St Rys 5Ms'38..J&D / Hamilton Gas 6 Ms A w w'37 J&D / Hanover Harz Water Works 104 M 107 M 105M 26 49 \;|.— 52" See 88 99 M Foreign Bonds Harrisburg Gas 5s 1970 M&N 107^ Havana Elec Ry 5s 1952.-.F&A / 30^ ( 5 Ms (Sept'31 coup on)'51-M&S / Helena Gas & Elec 1st 6s '52 M&S 26M 26M 88 M 102 Hest Man & Fair Pass Ry—See P hil R a Home Tel & Tel (Ft Wayne)— 1st 6s series A 1943 105 J&J 1st 5 Ms series B 1955 A&O 105 Houston Elec 1st 6s B 1950.J&D 91 Houston Gas Securs 5s 1952.M&S 97 h 2 Houston Gulf Gas— 1st M & col 6s 1943 Corp „ 71 97 110 Hamburg (Germany) Elev Under- 106 Edison Sault Elec 4Ms, 1961 A&O * Electric Co of N J 1st 5s 103M 1947 M&S Electric Ferries 1st 7s '41. .A&O 100M Elec & Peoples. See Phila R T Electric Pow Corp (Germany)— lstsf 6 Ms 1980 M&S / 24M 1st sink fund 6 Ms 1953. _A&O / 24 M Elmira Water, Light & RR— 1st & con g 58 1956— M&S El Paso El Co— 2.00% Greenwich Wat & Gas System— 76 83 M 95 95 Kings Co EL&P IU (N Y)—See NYG Electric P & L Deb 5s 2030-F&A Eliz Plainf & Cent J1 See Eliz & Raritan RivVPublic Serv Eliz & Trenton RR J 1.00% 1.50% 1.65% 8* - Eastern Gas & Fuel Assoc—1st m & coll tr 48 A 1956-M&S Eastern Iowa Pow 6Ms 1943.M&S Eastern Lt & Pow s f 5s 1964 M&N Eastern Mass Street Ry Co— Ref m 4Mb 1948 A J&Jj 94 Georgia Ry & Elec— M&S15|' Duquesne Light—See Phila Co Duquesne Nat Gas 7s 1948—Duquesne Trac—See Phila Co Durham Pub Ser 7s A *49 A&O 1st lien coll 5s x-w 1944—J&J 5s with warrants 1944--J&J Gary Rys Co 6 Ms ser A 1945 F&A Gary Street Ry 1st 5s 1937—A&O Gas Co of New Mex 6 Ms *44 M&S Gas & El of Bergen Co os '49. J&D General Public Service Corp— Conv deb 5s 1953 J&Jl Conv deb 5 Ms 1939 J&J M J&J 87 99 M Fontana Un Wat 6s 1935--J&J Fruit Growers' Express— 1.50 Equip trust 5Ms to 1938 Equip trust 4Ms to 1941—F&A i 2.00 > 2.15 Equip trust 4 Ms to 1943—M&S ' 2.60 Equip trust 4s to 1946—-M&S Galveston-Houston Elec Ry— lstMsfg5s 1954 opt A&O / 68 Gandy Bridge (Tampa) 100 1st mtge s f 5 Ms 1957 A&O Gary Elec & Gas Co— ser A.A&O Deb 6 Ms 1943 with war.-A&O 104M 105 102 M 104 91M e 72 B-- J&D 92 & Basis, 103 1st lien col tr 5 Ms 1957—-M&S Florida Power Corp— 1st mtge 4s series C 1966--J&D 106 M 102 % stpd—M&S 101M 90 M 109 102 96 Edison El 94M 5s 1958 M&N Consum L H & P Co (Eliz, N J)— 107 95 93 M 1st 5s 1953 f Coke Jt 1st & ref 5s'41 opt-M&S Ercole Marelli El Mfg Co (Italy) 1st s f 6 Ms 1953 with war M&N Florida Public Service Co— || 1st 4s series O 1955 J&J Florida Telep 1st 6s 1945--A&O _ 1 1949|"/ Co— _ 1952.-J&D Sinking fund debs 5s 1946.J&D .Florida Pow & Lt 1st 5s *54—J&J Dixie Gulf Gas Co— F&A|® 1UA Community Teleph 5s Jan Community Water Service A Empire Gas & Elec and Empire 92 113 74 ser mmm 108 112M 111 Power & Light Co— Col M 6s 1957 M&S, Community Pub Ser 5s I960.J&J 98 107 M 113M Commonwealth Community 97M M&S 68 108 % 113M 112 £ 5s 1952 66 108 % 107 M 106M 111M 106M 104 M Lt & Power— Ref & unif 7s 1962 12 J&J Com'w'lth Tel (Pa) 5Ms '45 M&N 90 Com'w'lth Tel(WIs)4s serA 97 1M&S Commonwealth Water— -V< l-mi 1st M 5s 1956 ser B m 109 Erie Co Electric 6s 129 1959.—-J&Jk, Erie Rys—1st 6s 1954 24 A&O / Detroit 112M 112M 105 •'j Equit G & E Utica 5s 1942.A&O J77M 1st mtge 5s 1956 M&S Des Moines Ry 1st *nc 5s Jan 1 '55 Detroit & Canada Tunnel— 1st mtge s f 6s 1953 M&N 106 J&J J&D ser O.A&O M col 4Ms 1957 ser D.J&J M 4s 1981 ser F —M&S M 3 Ms ser H 1965—A&O Com'w'lth El 58 June 1 '43-M&S Commonwealth Gas Corp— Non-cum inc deb 6s (w 104 M 136 Stamped as to Pa tar Denver Tramway Corp— Gen & ref 5s 1950 ser A...J&J 1st cons mtge 6s 1943 A&O Des Moines Gas Co— 110 , M 5s 1953 M col 5s 1954 ser B M col 4Mb 1956 A 1951--J&D Delaware Vail Util 6s 1952.M&N Denv Gas & El 1st g 5s '49--M&N 1st & ref 5s 1951 —M&N 107 55 Deb g 5s 1952 100M A&O 15 Deb 5s Jan 15, 1961 99M J&J 16 Columbia River Longview Bridge 6 Ms stamped 1953 6 A&O / Columbus (Ga) Elec & Power— 1st & ref 6s 1947 ser 106 M A.--J&D 1st & ref 5s 1954 105 ser B—M&N Columbus Ry Pow & Light— 1st mtge & colltr 4s 105 Ml 1965-M&N Commonwealth-Edison — 100 103 106 ser Empire Gas & Electric Co— w 101 1st M 4 Ms 1971 J&J 1st mtge g 4Mb 1969——J&J 1st mtge g 4ks 1969 -J&J 106 M lr 9o Short Route Bdge 6Ms'52-J&DP Cleveland Elec Ilium— J Gen mtge 3 Ms 109 M July 1, *65.J&J| Cleve Southw Ry & Light— Gen & con 5s 1954 3 M&S Clinton (L»2 W W 1st 5s 100 H 1939F&A Coast Cos Gas & Elec— 1st 100 48 1st mtge 3 Ms 1967 F&A Dallas Ry & Ter 1st 6s 1951. J&J 100M M&N. Clarksbury-Columbus 1st & ref Gen & ref 6s 105 Danbury & Beth Gas 6s 1948 F&A 46 Danville Tr & Pow 1st 5s '41-J&J Darby Med & Ches Ry—See Phila R Tr 105 Davenport Water 5s 1961—.J&J Dawson Ry & Coal 5s 1951..J&J 105 Dayton Power & Light— 1st & ref M 3Ms 1960 104M A&O Delaware Elec Power Co— 102 M Deb 5 Ms 1959 J&J Delaware Power & Light Co— 70 75 J&D City & 8ub PS—See Un Rys of St L City & 8ub Ry—See Wash Ry & El City of New Castle Water— ; 5s 1941 J&D 1st M 5s 1954 1st M 5s 1957 series C 102 1st mtge 4 Ms Conv aeb 4Mb 1946 ...J&D Empire District Elec Co— 51 93 97; Ask El Paso Nat Gas— _ f 5s 1952 _ 49 91 98 Wfm Bid Bonds 90 M Cumberland Valley Telephone— 1st mtge 5s 1966 -J&J General 5s 1966 ..—A&O Dallas Gas 1st 6s 1941 A&O Dallas Power & Light— 69 35 5s 1951 City Gas & Elec 1st 6 Ms *51 -J&J City Light & Traction (Sedalia, 101H 67 H 68 106 1st lien & ref 7Ms 1941—M&S Cumberland Co (Mel Pow & Lt— 1st mtge 3 M« 1966------A&O Cumberland Gas 6s w-s 1948M&N 101M 101M - 104 Crescent Public Service Co— Coll inc 6s B Oct 1 .1954—J&D Cuban Telep conv 5s 1951—-J&J _ 101M Ask County Gas of Dallas 5s 46 A&O County Gas (N J) 5s Jan 1 .1952. 75 71H 71H Bid f This price includes accrued interest, k Last sale, n Nominal. 104 102^ i 108M 3l£ ■■mmmm 1&6M 94 99 104 H 102 U . public 76 utility bonds NOTICE—All bond prices are "and interest" except where marked **f" Quotations for all securities are as near as possible for the closing day of the J&D Houston Natural Gas Corp— 1st m coll 6s *43 with warr.J&D Hudson Oo Gas 6s g 1949—M&N Hunt'g'n Wat 1st M 6s '64A M&S 1st M 6s 1954 ser B M&S 1st 5s ser C 1962 -A&O Hydro El Bond & Sh 6s 1957M&N Hydro El Oorp (Va) 5s 1958. J&D Hydro El Pow Co mm 3J4s'43J&J 4%a due Jan 1,1970 4%a 1938 F&A Idaho Power 1st 5s 1947 J&J Illinois Bell Tel 3%b B *70—A&O Illinois Commercial Telep— 1st 6s series A 1948 ..M&S 1st mtge 5s 1960 ser B—_M&S 111 Community Tel 6s 1949--J&J Illinois Northern Utilities Co— 101 % 102% 102 105 m 120 120M 100m 98 105 h8m 103 yt 109 105m 99% 99 92 101 100% 99 % 67 103 104% 105m 82 85 95 96 99 h 84 8" 82 107m 107 x 88 m 111 106 91 M 69 69 m 69 m 20 24 95 ,98 64 ' 67 68 64 m 105 m J&J 105 m 59 56 J&J J&J 99 m J&J 90 77 95 18 20 —F&A Certificates of deposit Sinking fund deb 7s 1938-F&A 101M 78m 78% 22 23 22 23 Inland Pow & L s f 6s *36 A.M&S Coll tr s f 6s 1941 ser B...M&N Coll tr 6s 1957 ser C A&O Deb s f 7s 1935 J&D Inland Telep 1st 6s 1948 A&O 22 23 5m 91m 92% Inter borough Rapid Transit— 1st & ref g 5s '66 op tax-ex. J&J 64 A&O Certificates of deposit Conv g 7% note 1932 M&S Certificates of deposit... 21 66 5m 84 m 99m Internat'l Pow Ltd 6%b 1957M&S Deb 6s 1957 M&S Debentures 6s 1955 J&J International Power Sec Oorp— 6M % sec bonds 1955 ser O J&D Sec 7s 1957 ser E F&A 97,, 100 m 66 M 71 71 J&J15 International Railway (Buffalo)Buff Trac 1st 5s 1948 J&D 1 Buff & Lock 1st g 5s 1938--J&J Internat Ry ref 5s '62 op.M&N International Telep & Teleg— Deb g 4mb 1952 J&J Conv deb 4%* 1939 Deb 5s 1955 90 1st & ref 4mb '58 ser Interstate Rys 4s 1943 Interstate Telep Co— 53 56 70^ 70m 91m 75 m 9lm 75m J&J F&A 55 39m 89 91 98 m 79 99 m 80% 76 77% F&A 1: 3 A&O 99 lot 95 m Interstate Tel & Tel 5 Ms 1953J&J Interstate Wat 6s ser A 1940.F&A 57" 55 1st lien & ref 5s '57ser A..M&N 1st 1 & ref 5s 1961 ser B—.M&S Iowa Pow & Lt 1st 4M« 1958 M&S Iowa Pub Serv 1st 5s 1957. .J&D Deb 5s 1908 M&S 1st mtge 5Ms 1959......M&S Debenture 6s 1960—.... M&N 98 103 m Investors Telephone 3s 1961 Iowa Electric Co— 1st 4s ser A 1961 J&J Iowa El Lt & Pr 7s ser O '42.F&A 1st mtge 48 ser E 1955- —J&D Iowa-Ill Telep 2-5Ms 1949—A&O lowa-Nebraska Lt & Power— -----J&£ J&D Cons mtge 1st 68 series A 1942——F&A 1957--J&J Kan City Pub Serv 4s Kansas Elec Power— . 1st mtge 3 Ma ser A 1966-J&D Kansas Gas & Electric— ,,»« Deb gold 6s 2022 ser A—M&S 1st mtge 4Mb 1980------J&D Kansas Pow 1st 5s 1947.—M&S Kansas Power & 1st mtge 4Mb Light Co—■ 1965—--—m&n lstsf 6sl960J&J Kentucky El Pr Kentucky Fuel Gas Corp— 1st 6 Ms 1942 with warr—J&D Kentucky-Ohio Gas 2s 1958 Kentucky Power & Light Co-— 1st 5 Ms series A 1948 M&S B 86 m 115 116 103 103 m ' 87 m 50 98 Lexington Ry 1st 5s 1949-J&D Kentucky Utilities Co— 1st M 6 Ms Sept '48 ser D M&S 1st M5Hs 1955 ser F A&O 1st M 5s 1961 series G—F&A 5s series H 1961 F&A 1st M 5s 1969 ser I F&A 1st 7s series J 1957. F&A -M&S Keokuk Elec 6s 1945------M&N Kewanee(Ill)Pub Ser 6s A 49 J&J Key West Electric 5s 1956—F&a 1st 6s series K 1957 Keystone Pub Serv— 1st M 5s 1978 2m 105 k 97 m 105m 102 m 90 103 m 98 m 99 % 99 103 Lowell Gas Light— jr F&A 97J* 106" 115 41m 97 m 117 103 m 100 100m 108m 109 104 90 16 32 95 106 92 87 m 87 m 87 101% 93% 88 88 88 101 96m 104 102 m 98 106 98 76m 77m 100 M 101 101M 151m '39. J&J KingsCoElev—See Bklyn-Queens Kings Co Gas & HI 1st ^s '40 A&O Kings Co Ltg 1st ref 5s '54--J&J 1st ref 6Mb 1954 --—J&J Klngsh'way Bdge 6 Mb 62—A&O Khoxville Trac 1st 5s 1938—a&0 Kokomo Water Works— 104 m 154M 106 M 107 108 104 m 113 109 m 1958 .—.J&D Lackawanna & Wyoming Val RR 105 5s 1951 & Elec— B F&a Lehigh Power Securities— Deb g 6s 2026 ser A F&A Lehigh Valley Transit— Lawrence (Mass) Gas 1st M 4Mb 1940 ser 115 92 96 107 f2L —- 23 2 96m 60 m 60m 50 51m 102 M 1 90% 104% 5s 1960 108 M 109 75 46m 77 49 81 1945 Ref & impt g 84 —J&D J&D 1st extend 5s 1945 J&D Leipzig Overland Pow 0Ms *46— / 27 98 Lewiston Gas Lt 3 Ms C '56-a&O Lex (Ky) Ry—See Ky Tr & Term Lexington (Ky) Tel— 100 1st M 6s w w 1944 M&S 101M Lexington Util 1st 5s 1952..F&A 99 Lexington Wat ref 5 mb 1940 .F&a 82 Lexington Wat PowColst5s'68J&J 85 Conv deb 5 Ms 1953 J&J 105m Lincoln Gas & Elec 5s 1941 _.J&D 103 m Lincoln Pub Serv 5s 1939...J&J 102 Little Rock Ry & El 6s '38...a&O 101 Lockhart Power 4 Ms 1955—J&D Lombard Elec Oo (Italy)— 1 st extl 7s 1952 .... -—-J&D * 73 103 m Lone Star Gas s f 5s 1942..M&N 61 Long Beach Gas 1st 5s '56—J&D Long Island Lighting— , 105 Secured g 6s 1945 J&J 96 Conv deb g5Ms '52 ser A. a&O 104 Long Island Water 5 Ms '55 M&N 102 Lorain Telep 1st 5s 1958—.J&D - ,1UH Gen s f 7s ww 1941---—-A&O Manhattan Ry con 4s g '90--A&O Cent Hanover Bk ctfs of dep. 1st lien & colltr 5s Called Aug. 1 at 103^. b Basis, - 30 101 100 M 102 83 90 107 104 m 103 m 103 80 104 65 A s „ _ ..J&D f 7s 1941 92 % 90 25 A&O 98M 111^ Ref & gen S f deb 5s 1949 ser A -A&O Massillon El & Gas 1st 5s 56- J&J Maysville P Serv 5Mb A 1942A&0 Memphis Power & Light Go—1st & ref 5s 1948 ser A J&J 1st & ref 4Mb 1978 ser o—A&o Memphis Street Ry— 3-5s series A 1945 — 3-5s series B 1945 Meridionals Electric Oo— 1st s f 7s 1957 ser A A&O Metropolitan Edison Co— 1st M 4Mb 1968 ser D—M&S 1st M 4s 1971 ser E —M&N 1st mtge 4s ser G 1965—-M&N Metrop Edison Oorp 6s 61 -M&S Metro Wat Sewer—See Fgn bds 99^ 91X 104% 103% 97 88 60 20 80 107^ 105 105% 94 Metropolitan West Side "L"—• 1st gold 4s 1938--F&A 9 Exten gold 4s 1938———-J&J / 39 Mexican El L 1st M g 5s 42-J&J 40 Mex Lt & Pow 1st 5s '40 a f—F&A 50 Mexican Utilities 7s 1939—. A&O 45 Miami Bridge income deb 6s 1952 Michigan Associated Telep Co—102 1st M 5s 1901--------A&O Mich Fuel & Lt 6s A 1950—J&D / Michigan Gas & Elec lst&ref 6s 1943 1st M 5s 1956 Oo— M&S ——J&D Michigan Public Service Oo— 1st g 5s 1947 ser A--—---A&O Middle States Telep 6s A 47-J&J Middlesex & Boston St Ry—■1st and ref mtge 5 Ms 1942-J&J Middlesex Elec Lt Pow 5s '65 J&J Middlesex Water 5Ms 1957-A&0 Middlesex & Somerset Trac— 5s 1950 - - Middle Western Tel --J&J 6s 1943-J&J Midland Util deb 6s 1938-—M&S Milwaukee Elec Ry & Light-— 1st & ref 5s 1961 ser B—J&D 1st M 5s 1971--—— J&J Milwaukee Gas Light Oo— 1st M 4Hs 1967————M&S Minneapolis Gas Light Oo— 1st mtge 4s 1950----- - - - - J & D Minnesota Nor Pr jt 6s 1944 A&O Minnesota Power & Light Co—1st & ref 5s 1955 -J&D 1st & ref 4Kb 1978 M&N Mississippi Power Oo— 1st & ref 5s 1955— M&S Mississippi Power & Light— 1st M 5s 1957....-----J&D Mississippi River Pow 5s 51- J&J Deb 5s May 1. 1947——M&N Miss Val Pub Ser 1st 5s '54.J&D m 106 98 106 103 m /t -Mommai. 92 6-4 Ms ser B 1966 J&J Ref & gen 4s series O 1967-J&J Market St El Pass Ry—See P R T Market St Ry (San Francisco)— 1st s f 7s 1940 ser A Jan Maryland Light & Power— 1st M 5Ms 1950 ser A——J&J 1st mtge 4 Ms 1952 Maritime Tel & Tel— 99% k Last sale, im 92 H Marion-Reserve Power— 91 104 f Price includes accrued Interest, M&S 53 „ 1st lien coll tr 5 Ms 1937.-A&O Manitoba Power Co Ltd-1st M s f 5Ms *51 ser A—J&J 1st M 8 f 5&1S 1952 ser B.-J&J Mannheim & Palatinate Elec Cos <■ * —J&D gold 4s 2013 5 41 *S 35 Manila Elec RR & Ltg Corp—• Mass Utilities Associates— 100M 1st f 5s ser A 1955 15-year 101M 100 1st 5s ser A s Manila Gas Co— 95 99 m 1997--A&0 1st 2d 14m 29 M&n Purch money 6s g Edison El 111 Blkyn 4s 1944- 90 A&O Luneburg Pow L & W W (Germ'y) 1st M s f 7s 1948 M&N / 24^ Luzerne Co (Pa) Gas & Elec— 107 1st ref&imp g 5s'48 op'13 A&O 106 1st & ref 6s 1954 —M&S 115 Debenture 7s 1944 J&J 101' MacLaren-Que Pow 5 Ms Febl'61 101 v 5 Ms series B 1964 M&S Macon Gas 1st mtge 4mb'52. J&D Macon Ry & Light 1st 5s *53-J&J Madison Rys 1st g 5s 1936--M&N 102 Malone (N Y) L & P 5Ms'56_J&J 26 Manchester Terminal 6 Ms 1941 115m 92 77H „ Lower St Lawrence Power— 4m 95m 97 106 ^ 13 m 104 m 103 112 39 m „ . 101 104 % Keystone Telephone Co— 1st & ref 5 mb 1955 ser A—J&D B.—A&O Kings Co E L & P 1st 5s '37-A&0 105 101 % 118 104 m 99% 1st 1 & ref 6s 1951 ser 89 85 1st mtge 4Mb ser A 1960-M&S Lower Austrian Hydro-Elec— 1st sfg6Ms 104 m 104m O 1st extend 4s 60 55 % 54m 38m F— .M&S 1st M 5s 1961 • 1 5s 1954 ser 39 lU» 99 Intr-State Bridge 4-6 %a '50 M&N Interstate Gas & El 6s 1951—J&D Interstate Power 1st 5s '57 J&J Deb gold 6s 1952 J&J Interstate P S (Ark) 6s 1940 M&S Interstate Pub Serv Co— 1st & ref 6mb 1949 ser B—J&J 1st & ref 5s 1956 ser D J&D _ H 38 F&A 69 Debentures 6s 1948 F&A 94 m 70 Laclede Gas Lt 5s 1939 a&O 60 1st M coll tr 5 Ms '53 ser C F&A 60 8 1st col&ref 5Msl960 ser D F&A 48 6s coll notes ser A 1942—F&A 6s coll notes ser B 1942-.-f&a 84M ioi% La Crosse Telep 5mb 1948—J&J 103 Lake Erie Pow « Lt 6s 1946-A&O 102 1st & ref 5 Ms ser B 1949--M&S 103 1st & ref 6s ser C 1952—M&n 4 68 Lake Sh Elec 1st con g 6s *33 J&J 73 Gen gold 5s Feb 1, 1933—F&A ' 7i" 73 Lake Sh Gas 1st 5Ms 1950--M&n Lake Superior Dlst Pow— 93 1st mtge 3 Ms ser A I960--A&O 100 Lanaister Co Ry & Lt 5s 1951 J&J 26 68. Inter continents Power Co— Debs A 6s 1948 J&D f International Hydro-Elec System Conv deb 6s 1944 w w A&O F 1* 22 m 6% notes 1932 ser 64 m 62 m Certificates of deposit Sec 7s 1952 1961 M&S Louisv Ltg 5s '53 unstmpd.-A&O 50 m Louisv Ry cons ext 5%b 1940J&J 8 2d 4Mb 1940 M&S lst & ref M 3Ms 1966 General 6s 1950—......F&A Jersey Central Pow & Lt Oorp-— 1st & ref 5s 1947 ser B—F&a M&S 106 % Kentucky Traction & Terminal— 118 1st & ref gu 5s *51 opt *14 F&A 100 Indianapolis Gas 5s 1952 A&O Indianapolis Power & Light— - Deb gs 7s 1943 Jamest'n (NY)Telep 56 49m 6m -- M&N James River Bridge Con)— 1st sink fund 6M« 1958—-J&J 1st m 5 Ms 1948 ser 117 6% conv notes 1940 J&D Indiana Telep 5s A (ws) I960.J&J Indianapolis Columbus & South¬ Secured 5s 1958 Inland Gas 6 Ms 1938 106 - - - 65 Los Aug Trac 1st cons 5s '38-J&D Louisiana Pow & Light Oo— 1st mtge 5s 1957 ^..J&D Louisville Gas & Elec Oo (Ky)- warr)-J&J 63 (without 3s B Dec 31 1962- — Joplin W W 1st 5s 1957 M&S Kansas City Gas 1st 5s '46—F&A 99 92 1,1950-J&J Indianapolis Ry 5s. 1967 Indianapolis Water— 1st mtge 3%a 1960 Indianapolis W W Sec Co— 104 m 110 60 (Flaj Gas— 5s stamped 1942 Income deb 6s ser A 1952 Jer City Hob & Pat—See P S Oorp Johnstown Traction 4s Dec'31 62 A—M&N A Jacksonv 103 m 99 m 92 m 93 1st 1 & ref 5s 1963 F&A Indiana & S W Gas & Util— ser Deb 6s 107 72 m 81 93 m 55 _ 109 J&J Indiana Hydro-Elec Power-—. 1st mtge 5s 1958 ser A M&N Indiana & Mich El 5s 1957—F&A 1st & ref 5s 1955 M&S Indiana Pr 1st 7%b *41 A .M&N Indiana Ry & Lt 1st 5s '43 .J&J Indiana Service Corp— 1st M 5s 1957 100 71 A—M&S 107m M&N f 1948—F&A 101 119 f 5Ms 1953 ser 103 Indiana General Service— 1st M 5s 1948 Traction 1st 6s s Oo—See PaC El Ry Los Ang & Pac RR-See Pac El Ry 101 91m - Superpower Oorp— 1st M 4MS 1st M 63^s 1953 series B—F&A 1st M 5s 1951 series O M&S Indiana Gas Utilities 5s 1946-J&J ern 25-yr Italian 65 m 1st mtge 4%b ser B f965-A&0 Indiana Central Telep Oo—„ 1st & ref M 5s Jan 101 Island Gas & Electric— 104 m S f deb &%b 1957 M&S Illinois Water Service Qo— 1st mtge 5s 1952 series A..J&J Indiana Assoc Telegraph— 99 m J&J 101 _ 1st M 6s 1947 series 1st & ref 5 Ms July Deb 6s 1950 ser A Bid Bonds Ask Los Ang Pac 104 lst&ref 5s 195' opt A&O Illinois Power & Light Corp— 1st & ref 6s 1953 series A..A&O 1st & ref 5%b 1954 ser B—J&D 1st & ref 5s 1966ser O J&D 1st lien coll 5%b 1938 Indiana Electric Corp— Bid Bonds Iowa Southern Utilities— 1st & ref 5 Ms 1950 1 '50-M&N M&N Isarco Hydro-Elec Oo (Italy)I&N lst M s f 7s 1952 M „ : Ask Bid Bonds Houston Light & Power 1st mtge 3%a 1960 and income and defaulted bonds month preceding the date of issue _ 99 92% 90 99 91 118 104 75 71 54 102 5^ 103 h 100 102 J 98 j 103 H 99 83M 90 108 % 102% 106 Aug., 1937] NOTICE—All bond prices PUBLIC UTILITY BONDS are Quotations for ail securities "and interest" except where marked "f" and Incoma and defaulted bonds possible for the closing day of the month preceding the date of issue are as near as Bonds Bonds Missouri Edison 1st 534s *47 J&D Missouri Gas & Elec 6s A'44 M&S / 1st & ref 6s ser B 1957 J&J / _lst 4-5s 1956 A&O Missouri Power & Light— 1st mtge 334s 1966 J&D Missouri Public Service Co— First mtge 5s 1947 ser A—F&A / 91 Bonds ' 60 58 • 60 9834 69 1st sf 5s I960 F&A Missouri Riv Sioux City Bdge— 1st sf 6s 1953 M&S Mobile Bay Bridge 7s 1951. J&J / 2d sinking fund 7s 1951—-J&J / Mobile Gas Service Corp— 82X m 101 10134 86 9634 50 1st 5s 1956 A&O / 1st cum inc 9s ser A *56—A&O / Income 7s 1956 A&O / Mob Lt & RE 1st g 5s '37 J&D Cons g 5s 1941 M&S Monmouth CJons Wat 5s '56. J&D 12334 11434 69 45 30 78 9234 Monongahela Light & Pow Co— 1st M 5s 1949 J&D 68 115 Monongahela Valley Water— 1st M 534s 1950 series A..J&J Monongahela West Penn Pub Ser 1st & gen mtge 434s 1960.A&O 101 Debenture 6s 1965 A&O Mont Cities Gas 7s A 1937—M&N Montana-Dakota Power— Ext 1st 534s-634s 1944 J&J Montana Power— 101 99 . 10534 93 - 1st & ref mtge 3 Ha 1966. J&D 9434 - Montreal Isl Pow 534s 1957 M&N Montreal Lt Ht & Pow Consol— 3 % conv deb 1939 J&J 1st & coll 8 f 3 3ns 1956 50 34 99 95 F&A -J&J 1st & coll 334s 1973 . 10434 Montreal Tramways— 1st & ref g 5s 1941 opt J&J Gen & ref 5s 1955 series A. A&O Gen & ref 5s 1955 ser B—A&O 9934 l°A •«— 10634 10534 10534 10734 10134 —— Gen & ref s f 434s '55ser O A&O Gen & ref 5s 1955 ser D.A&O Morgantown Water 5s 1965--J&J 104 Mount Hope Bridge 5s 1969.J&D 70 2d income 8s Dec 15 1969-— / 18 Mountain States Power Co— 1st & ref 5s 1938 J&J 91 _ 1st M 6s 1938series B ,J&J Muncie Wat Works 5s 1965.Sf&N . Municipal Serv coll 6s 1956.F&A Mut Fuel Gas-See Peoples GL&C Mutual Un Tel—See West Un Tel Narrangansett Elec Co— , 9334 9234 105 / 70 1st mtge 334s 1966 J&J 10234 Nashville Gas & Heating Co— 1st M gold 5s 1937 guar. _M&N 100 5s 1937 (not guar) M&N / 85 Nashville Railway & Light— Cons g 5s 1953 opt 1908—J&J 107 Ref & ext gold 5s 1958 J&J 87 m 10434 „ 10334 10434 10334 / 14 101* Nat Nat Nat Nat Nat Elec Pow Co deb 5s 1978 J&J / 334 Gas & El Corp 5s 1953-F&A 94 Lt Heat & Pow 7s 1938.M&S 10034 Lt & Pow 6s 1949....M&N 94 Pow & L deb 6s 2026 A .F&A 91 Deb 5s 2030 ser B -M&N 80 Nat Public Service Corp— . Debenture gold 5s 1978--F&A / Certificates of deposit / 45 45 Nat Toll Bridge 6s stmp '39. J&J J *5 Nebraska Pow 1st 434s 1981-J&D 10834 Deb 6s 2022 M&S 11434 Nev Calif Elec 1st 5s 1956—A&O 83 Deb 6s July 1941 —J&J 97 New Amsterdam Gas—See N Y GELH&P Newark Gas 6s Apr 1 1944—Q-J 118 Newark Cons Gas con 5s '48. J&D 11834 , NeJ Lt H* Pow 104 Newcastle (City of)" W 5s'Yl* j&D New England G & E Association 10134 M&S 72 7134 Deb g os 1947 Conv deb 5s 1948 Conv deb 5e 1950 ...J&D M&N Convertible deb 5s 1962-.-J&J New Engl Pow Assn 5s 1948-A&O Deb 534s 1954 J&D New England Power— 334« series A 1961 M&N New England Tel & Tel— 1st 5s 1952 series A J&D 1st 434s 1961 ser B M&N Newfoundland Light & Power— 534s 1971 J&J 1st sf 434s 1956 J&J New Haven Water— _ 1st & ref 4 34s B 1970 A&O 1st & ref 434s C 1981M&S 434s 1983 M&N N J & Hud Riv Ry & Ferry— 1st gold 4s 1950 —M&8 N J Pow & Lt 1st 434s '60-A&O New Jersey Water Co— 1st mtge 5s 1950 F&A New Mex Gas conv 5s 1951 M&N New Mexico Power— 1st mtge 5s 1958 7034 72 93 34 9634 10134 12434 12034 10334 9934 11234 11534 61 10634 63 10734 10134 9834 J&J 90 1st sf 5s 1943 J&J New Orleans City RR 5s 1943— New Orleans Pub Service Co— 1st & ref 5s 1952 series A—A&O 1st & ref 5s 1955 series B- J&D 5s stamped 1942 105 104 „ New Orleans City & Lake— — 97 34 97 34 8934 Inc 6s Nov 1949 ser A—-J&D / 7934 St Ry— 434s 1964 J&J 105 Newport Gas Lt 5s A 1961—J&D 10334 Newp News & Hamp Ry G & E— Newport & Fall River 1st & ref 6s 1944 J&J 10534 & El M&N 10534 Newp News & Old Pt Ry 1st g 5s Nov b Basis* 1938 /This price includes accrued Interest, k Last Bale. n^Nominal 105 104 10434 10434 77 "and lnt.r..t" oxc.pt wh.r. markad "f" QwHatloM for all securities are as near as possible for the closing day of the NOTICE—All bond price., or. Bid Bonds Penn Wat Serv 5s ser A '67-F&A 5s' 47 M&N Peoples Light & Power Corp— 1st lien 5*4s 1941 J&J f Conv deb 5s 1979 J&J f Mutual Fuel Gas g 3-6s1961 Peoples Telep (Butler, Pa)— 114*4 87 96 80 69 76 77*4 Secured 101 101 99 ; 41 106*4 95" 39 43*4 42 103*4 111 53*4 91 Phila Suburban Water 1st f 4s 1965 s Phila & Western Ry M&S 5s 1960-J&J sec notes 1936 6s 1941 Richland Public Service— 1st & ref 5s 1937 f f fcuv vv Pitts Canonsburg _ w 20 38 1937 w series 15" 70*4 *?; 99 40 1945—M&N 6s 1950-M&N mtge 3Hs 1966 J&J 107 H 68*4 91 D '60—M&N F&A F 1966 Public Service Co of Nor 111— 1st & ref g 5s 1956 op '21-A&0 1st & ref 5s 1966 series O.M&N lst&ref 4*4s 1978 ser D.M&N 1st & ref 4*4s 1980 ser E.J&J 1st & ref 4 *4s 1981 ser F.A&O 1st 1 & ref M 4*4 ser I '60.J&J 1947 series A 94 94*4 47*4 48*4 105*4 106*4 103*4 M&I 104*4 Y) Gas, Elec Lt & P- 100 75 119 120 Southern Trac—See Phila Co 105 30" 28*4 Southern Union Gas— 82 f 60 / / 30 30 33 91 100*4 94 107 97 100*4 102*4 (111) Gas & El— 101 Southern Utah 103*4 113 r 115 1st M 5Ms May 1, 1960..M& Southwestern Assoc Telep Co— 1st M 5s 1961 A& 100*4 Southwestern Bell Telep— 1st & ref M 3 Ha ser B '64. J&! 107 *4 98 100 Power*Oo— 96*4 98*4 106*4 103 103*4 100 M&! 1st 48 series D 1960 100 111*4 101*4 ser A_. — 102 102*4 F& —F& Southwestern Power & Light— 1st M 5s 1957 1st M 5s 1957 ser B 102*4 110*4 --— 103*4 100 1—i o oMNOH- San Antonio Public Service— 108*4 103*4 & Elec— 1965 Diego Co Wat 6s A '62.M& Diego Water Supply Co— 105 108*4 San 105 105 San 105 106 San Francisco Bay 101*4 Toll Bridge/ / 102*4 97 <') mmmm 30 San Jose Water Works 1st mtge 3*4s ser A 1 Santa Barb Tel 3 *4s sei 1*4 101*4 105 Springfield City Water— 1st mtge 48 ser A 1956 /"mmmm •ringfield (Mo) Gas & Elec < 1st mtge 5s 1957 ser A_„_ 32 •: 3 ; : Springfield (Mass) St Ry— Ref & gen 6s 1940 M&S 129*4 Springfield Terminal Ry 7s 1942 Stamford Water 1st 5s 1952._J&J Stand Elec (Calif) 1st 5s '39.M& 102 100 97 Standard Gas & Elec of Delwai 6% 63" Savannah Elec & Power Co— 1st & ref 4s 1947 ser D._.Q-Ja 06 .... 1st & ref M 5s ser F 1955.M& Savannah Elec Co 5s g *52. J& 98 .... 107 .... Scranton Gas & ~9°m 101 106*4 109*4 99 105*4 ,108*4 Sayre (Pa) Elec 5s 1947..._A& Schenectady Ry 1st 5s Mar 1, '4 \t Scioto Val Ry & Pr 1st 6s '43-J&] g notes 1935 —A&< 105 12 15""" 85 100 4s series B 112 105*4 105 Income 3s . > 105 Seattle-Everett Tractionlst M g 5s 1939 opt 191 103*4 105*4 Seattle Lighting 1st 5s 1944 / 94 26 71 73 101 3 & Basis. . 72*4 71*4 70 61 68 * '\.f- 24*4 f mm mm 26*4 1 ) 33 ;; 34 Stewart Mt Pr- Super-Power Co. of 111— 104*4 103 / This price includes accrued Interest. * Last sale n Nominal. 3 105 I 104 !■ t Called Sept. 1, at 103 H. \f )/ 102 100 71 61 Stark Elec RR see RR 87 71 29 Oo— ------ 72 73 59 i 3 72*4 € 93*4 103 68 1959. 1959, 109*4 71*4 59 93 93*4 108*4 If 72 F& 70 J&' M 71*4 6 % conv notes 1935 J& / 70*4 Certificates of deposit.".... Standard Power & L Corp— Deb g 6s 1957 ...-F& :L69 Standard Public Service Corp— 92*4 5s 1961. 55 121 6s 1951 Debenture 6s 1966 Standard Telephone Co— 1st 1 coll tr 5Ha '43 ser A Oonv deb 6s 1938 102 L 103*4 105 > 120 90 Water Oo— 1st 4*4s 1958 M& I Scranton-Spg Brook Water Serv- w 52 65 ; i 99 103*4 Debenture 85 104*4 97 70 108 Certificates of deposit 108*4 6 >/ 78 108 109 106 66*4 75 18 110 15 107" Sauda Falls Go Ltd— 70 105 , 129 133*4 / Conv deb ser A 1932. 106 San Diego Consol Gas 1st mtge 4s May 1, 83 17 65*4 70 in 105 99 67 80 / 110*4 104^ 66 Southwest Gas Co (Okla)— »(——1 •> 105 90 88 1 / 33 106*4 Southwestern Gas & Elec Co— 99 99 1951-A& St Louis Springf & Peoria RR— 1st & rer gu g 5s '39 opt.-J&! St Paul Gas Light— St Louis Co Gas 1st 5s 96 105 106 103*4 111*4 104*4 103*4 103*4 103*4 76" 105'" 103 102 118*4 101 70 103 61 89 100*4 103 Refunding 6s 1956- 97 .... 87 - 106 J& • $15 cash settlement, 106*4 106*4 105*4 3 • 103*4 106*4 (Calif)- lst M 4Hs 1968 104*4 M<! 6s 1938-1943 106 i 106*4 103*4 105*4 108 131 M&N 1st 5s 1946-J&J 108 106 103 A&l Counties Gas 1st g 68 Southern 47 109 95*4 Trust certs 6% perpet Public Service Co of N H— 1st mtge 3Hb ser C I960-.F&A 67 6 104*4 / ; 108*4 M&N So Jersey Gas El & Trac— Guar g 5s Marchl,1953.M&S 107*4 102*4 Southern Gas Utilities, Inc— 63*4 106*4 6s 1952.F&A Public Service Corp of N J— 100*4 Calif Water— Southern 101 65 45 / RR- 21*4 101 98*4 100 3%a 1945 M&S Ref mtge 3^s May 1,1960— Ref mtge 3 *4s ser B July 1 '60. Southern California Gas Co— 1st & ref 4*£s 1961 M& 1st M & ref 4s Aug 1 '65-F&J 104"" 99*4 96 98*4 Southern Cities Utilities Co— 1st lien & coll 5s 1958 A&< 118 87 94 Southern Colorado Power Co— 101*4 104 98 Pub Ser of Indiana Camden Sub Consolidate< I Traction— Extended 5s 1938 J&D Eliz Plainf it Cent Jersey Ry— 1st g 5s Dec 1, 1950 J&J Eliz & Raritan Rlv 5s '54.M&N Elizabeth & Trent 5s '62-A&O J O Hob & Pat 4s 1949—M&N Orange & Passaic Valley— 1st 5s 1938 J&D Pater son Ry— 2d 6s '14 ext 5% to '44. A&O ; 99 W 21*4 1954 F&A / 25*4 Public Service Oo. of Colorado— 104*4 1st & ref 6s 1953 series A.M&S 104*4 1st & ref 5*4s '54 ser B..M&S 105*4 1st & ref 6s ser O 1961--M&N lit 3 Hs 1961 1st 3 *4s series 117*4 109*4 Light & Pow— St Clair County Prussian Elec 6s 1st mtge 3*4s ser 82*4 103 Canada Ltd— 1946 80 107*4 107*4 B.M&S J&D Power Secur coll tr 6s '49.-J&D Providence Gaii 4s ser B1963 F&A Provincial L B! & P 5s '46-M&S 6s 83 92"" 23*4 101*4 / Oonv deb 4> fs 1959 Ser Conv deb 5s ser A 1957 Deb i 63 85 Debenture 82 103*4 61 1st & ref mtge 4s 1960....M&S Debenture 3 Ha 1940M&S : 1st M 4«s 1960 2d 5s g 1933 ctfs of dep. lst mtge s f 4 ha 1979. Saguenay Elec 5J4s A 1 100 96 Potomac El Pow— 1st 103 Southern United Gas Co— 100*4 1956 ser E M&N 1961 series F..A&0 Power Corp of ;■ 104 '40 opt '20..J&J .#• 69 4*4s 1940—J&J 100*4 Portland (Me) Gas L 5s A'50 A&O Portland General Elec Co— 63 1st & ref 4Mb 1960 M&S 106*4 1st M 5s exten to 1950 J&J 66*4 Portland (Me) RR 3Ha 1951- J&J 89 1st mtge 5s 1st M4Ks 105 102*4 So Texas Gas 6 Ha 1938 A.-M&S Southeastern Gas & Water Co— J&D 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 Southern Bell Telep & Teleg— 3 *4s debentures 1962 A&O Southern California Edison— 104 89 / Rome (N 92 ; 102*4 F&A 1st lien 6s 1944 78 / 1st & ref g 5s 1st l'n & gen Potomac Edison Co— 27*4 105*4 103*4 6s 1947-J&J 1953.-M&N 103 Pt Henry L H & P 1st 5s '46.F&A / 22*4 Portland Elec Pow 6s 1950-M&S Portland (Ore) Gas & Coke— 73*4 '53-J&J 27*4 103*4 Water 5s 1938 Rockland South Pittsburgh Water Oo— 1st lien & ref 5s 1960 ser A. J&J 28 1st lien & ref 5s 1960 ser B_ J&J 98 E 1962& Lake Ontario 90 J&J South Coast Co—See Indust— 1st M 5s 1955--.- S 78 75 South Jer G E & T—See Pub Serv Corp. 20 i 5s South Carolina Power Oo— 1st lien & ref 5s 1957 26*4 f J&«~ W 5s 1950 80*4 mmmm ' Rumford Falls Pow- 102 93 Platte Valley Telep Pomerania Elec 6s Porto Rican Power Porto Rican Rys Ltd 5s 1962M&N Porto Rico Telep 6s 1944—J&D Postal Teleg & Cable 5s i66" 26*4 25*4 Ry & El 5s 1953-_F&A i";mmmrn''' 106 J&D 28*4 81 Roanoke 98*499 105 South Bay Consol Water— 1st ref 5s 1950 M&N 30 . 22*4 . 26 „ 1st M 5s 1938 Pittsburgh Rys—See Phila Oo Pittsburgh Suburban Water Serv 1st 1 & ref 5s 1958 M&S Plainfield St Ry 6s 1942 J&J Plainfield-Un Wat 5s A '61-M&M 1st 1 & con m 5s „ / J&J J&J Somerset Lighting 5s 1939 _F&A 26*4 Richmond (S I) Lt & RR— 1st coll tr g 4s 1952 J& Rio Grande Valley Gas Co—. Rochester & Syracuse 13 _ & Wash 5s . 105 102 M&S Mtge g 4s Dec 1, 1943 / A&< Richmond (Ind) W W Corp— 1st M 5s 1957 .M&l 28 22 Somerset Un & Middlessex Ltg— 109 Rochester Gas & Elec Corp— 12*4 97 <JULJI1(W3 F&A 95 91 , r 1st mtge 4s 1966 Sioux City Serv 6s 1951 1U4 106 / 105*4 Rochester Central Power Corp— 98*4 69 X 116 Rhine-Westphalia El Pr (Germ y) Mtge g 7s 1950 M&N / / Direct mtge 6s 1952 Con mtge 6s 1953 F&A / Cons 6s 1955 ...A&O / Roanoke 87 Co— 103*4 _ 7% 85 M&S 1st & ref 5s 1960 ser A 1st 5Hs ser B 1957 Silesia Elec Corp s f 6*4s'46 .F&A Sioux City Gas & Elec Co— 99 101 99 Shenango Val Water 4s B'61 A&O Shinyetsu Elec Pow (Japan)— 1st sink fund 6*4s 1952 J&D Shrevp't Bdge & Term 5s'55-F&A 83*4 78*4 t 103*4 26 18 / 81 77*4 105 104*4 104*4 99*4 Sierra Pacific Power Oo— 105 90 11 / 1968-J&D f 5s 104 104 104*4 98*4 Shreveport Rys 1st 5s '36-44.J&J /125 Republic Gas 6s A 1945—-J&D fl'25 Certificates of deposit ---99*4 Republic Natural Gas 1st 6s 1954. Republic Service Corp— 78*4 1st coll trust 5s 1951 J&D Rhine-Ruhr Wat Serv Union— Extl deb 6s 1953 J&J / 24*4 Rochester '45-A&O People's Traction Co— P P Ry tr ctfs 4s *43 _ F&A Union Traction 4s 1952.J&J ctfs s Shawinigan Water k Power Oo— 1st M&col s f 4 Hs'67 ser A A&O 1st coll tr 4 Ha 68 ser B _M&N 1st coll tr 4J4s ser D '70-A&O 1st coll tr 4s ser F 1961 A&O 86 83*4 96*4 11 avviv/u 99 84*4 Queensboro Gas & El 5s '52-J&J Conv g deb 5Ha '52 ser A. A&O Quincy El Lt & Pow 5s A'47 M&S Rapid Transit St Ry 8s 1941-A&O &_Fairn^5J4sj*9 Elec & Peo 4s tr _ 68" 65 A&O Puget Sound Tel 5s A 1952-J&J Quebec Power Co— .... Philadelphia Rapid Transit— .81 Coll tr g 5s 1957 opt s f—.F&A S f guar 5s 1962 M&S 88 6s gold 1962 M&S 98 1st m r e 6s 1944 J&J Darby Media & Ches St Ry 1st 4Kb 1936 J&J / 23 65 50 M&S / 1st & ref 5s 1950 ser O.—M&N 1st & ref 4Hb 1950 ser D.J&D 1st M & coll tr F&A 1st 5s 1955 -LiJtLi 11 *{&S 6s 1938 Puget Sound Navig 6s 1938-M&N Puget Sound Power & Light— 1st & ref 5*4s 1949 -J&D 100 Peoples Tract—See Phila R T Peoples Water Service (Md)—■ 88 V 1st lien 6s A 1949 w w F&A Peoria Water Works Co— 99 H 1st consol 4s 1948.. M&N 104 Prior lien 5s 1948 M&N 100 1st con 5s 1948 M&N 99 H 1st & ref 58 1 950 F&A 75 Debenture 4s 1950 Philadelphia Company— Secured gold 5s 1967 J&D 37 Ardtnore Street 5s 1958.-A&O 106 Duquesne Lt 1st 3*4s '65-J&D f 80 Duquesne Trac 1st 5s '30.J&J 90 Pittsb Rys 5s 1953 A&O 36 2d Ave Tr 1st 5s 1934 J&D 41H So Trac 1st & coll tr g 5s'50A&0 40 H United Trac 5s 1997 ctfs-.J&J 39 West End Trac con 5s '38-J&J Philadelphia Electric— 103*4 1st & ref mtge 3 *4sl967--M&S Philadelphia Elec Power Co— 110*4 1st mtge 5*4s 1972 F&A Phila & Garretsford St Ry— 49 Hest Mantua conv 1st coll 4-5Hs 1948 16*4 67 60 82 14*4 102*4 i01*4 55" Ask Bid Bonds Public Utilities Consol Corp-r 1st M 5**s 1948 20 bonds month preceding the date of Issue Serial debs 4s Feb 1, 1946 ---P Serv of Penn 1st 5*48A'53-J&D 119*4 114*4 94*4 . . .nd Income and defaulted be Ask 102*4 *1&A 1st mtge 4s ser A 1966 93 115*4 Bid Bonds Public Service Oo of Oklahoma' „ J&D I960..... Ask 95 Peoples Gas (N J) 1st 5s '68-J&D 1st sf5*4s 1960 J&D r if" Peoples G & Fuel 6 He ww'37 A&O People's G L & Ooke, Chicago— 118*4 1st cons g 6s 1943__ A&O 114 Refunding gold 5s 1947..M&S 93 1st & ref 4s 1981 ser B J&J 95 H 1st & ref mtge 4s ser D '6l _ J&D 4s 1 PUBLIC UTILITY BONDS 78 105 mmmm 105*4 105*4 Aug., 1937] UTILITY BONDS PUBLIC 79 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 Sutter Butte Canal 6Hs '43. M&S Syracuse Gas g 5s 1940-.---J&J 95 Ask 114J4 10634 10934 98 9934 96 98 77 7934 1901 5s 5s A&O 1958 J&D 5s 1953 M&N Temescal Water 1st 5s A '00 M&N Tennessee Eastern Elec Oo— 82 1st M 5s 1943 P&A Ref s f 0s series A 1955—M&N Tennessee Electric Power— 1st & ref 08 1947 ser A J&D 1st & ref 5s 1950 J&D Tenn Pow gu 5s 1902 opt.-M&N 93 94 9534 8634 85 8734 Tennessee Public Service— 1st & ref 5s 1970 A&O Terni Hydro Elec 634s 1953.P&A 69 68 70 84 9934 - 87 6934 10634 10334 105 101 Trac 1st 5s 1937 opt.-J&J / Texas Electric Service Co— 1st mtge 0s ser A 1950 Texas Pow Corp 0s 1950 General 634s 1950 Texas Power & Light— Dob g 0s 2022 ser A g !§ 27 30 88 8934 M&S 95 M&S 81 10634 10534 10534 5s Jan 1900 opt-. A&O / 80 4834 1634 gr37_.J&J ser A 90 92 85 94 91 93 7634 7734 107k 70 117 73 65 45 J&D 10 Tri-County Telep 43*s B *50 A&O 101 Troy City Ry 1st cons 6s '42 A&O / 434 105 Troy Gas Co 1st 5s 1939—M&N 2d 0s 1939 P&A 23 Street Ry—See N Y Rys Twin City Rapid Transit Co— 1st lien & ref 534s A 1952J&D 1st lien & ref 102 6 534s B 1952-.J&J 11* 78 104 —— 9934 97 H i5o" 90 95 t 10334 102 & El 1st ext 5s '40M&S Union Gas Co. of Canada— 1st serial 334s 1936-38 J&D 10234 — — -— 98 •';•••' mmm m 99 1st serial 4s 1939-42 J&D 1st serial 434s 1943-45 1st 4Hs 1950 9734 J&D 98 J&D 9934 Union Gas System— f 5s 1948—J&D 1st 4s Mar 31 1961 2d ext 4s Mar 31 1960 A&O A&O Pub Serv (Del) 6s '39.J&D 5>4s 101 ser Coll tr 6s 1942 ser A 63*s 1933 United Pub Util Corp— No par value. 11434 99 10734 7934 8034 10334 7634 110 7534 84 F&A f 8 5034 5134 2434 10834 96 97 89 96 90 93 West West 1st 2d West 1st 9934 9934 look 116 10534 106" 73 69 10734 84" Phila Pass 2334 2334 §7 H 8434 27 26 100 9234 96 12134 ii" 58 99*4 10934 10634 106 106k 70 84 9334 9434 m Western Mass Cos— 3X % coup notes 1946 J&D Western N 5s *46. J&D Western N Y Water Co— 1950 104 10634 M&N »«««. 95 10134 99" 10434 1950 J&J 95 Western Pow (Can) 5s 1949—J&J Western Public Service Co— 104 & ref 534s 1960 P&A Western States Util 6s A '45.A&O Western Union Telegraph— 83 85 86 1st 1938--.--.... j&j 10134 k 91 W i|I 86 88 10134 89 Mut Un 6s ext at A J&D 1957 "M&S ser f 6s 8934 10434 10534 104 105 "" M&N Westmoreland Water 1st 5s._ 1952 Westphalia United El Pr s 8934 , Western Utilities Corp— 6% notes 1937 1st M 9134 90*4 5%tor4"lK&N *106 Gas & Elec Co— W^OT-n U^ed 1st 534s 1955 61 102 63 103 j&j Electric Co— f 24 2634 M&N M&S F&A O.—.Im&N Williamsport Water Co 1st M 5s Aug 1952 ser A.. .F&A Wilmington Ry Bridge 5s 1943.. i— oo 102 98 107 10434 106 97 9734 9534 05 10434 9934 76 78 95 46* 43 10534 106 105 118 87 89 7434 6634 * * 3 6 1 com Preferred 25 Amer Superpower Corp com * First $6 preferred * Preferred 56 series ♦ American Telep & Teleg 100 Amer Utilities Service common.* 6% preferred ..25 Amer Wat Wks & Elec com——.* $6 1st preferred * Appalachian El Pow 7% pref —* 6% preferred ...» Arizona Edison com Arkansas Natural Gas Corp Class A non-voting 100 Atlanta Gas Light 6% pref. .100 Atlantic City Elec 56 pref* Salt Transit Co v t c * Preferred v t c ,—100 —— .25 .100 100 "mmmm 2 8* i7?n 35 17134 oil 2?i U" 105 94 106 97 99 *8 in 434 5 F 9 32 "33 'eft 86 70 134 3 12 8434 7434 134 234 10 10 21 22 21 22 20 2034 2134 23 §8 gfc 37 40 39 43 634 O 87 89 114 112 134 434 2134 2 5 2234 133 110 * * Telephone (Canada) 100 Telep of Pa 634 pref 100 Beverly Gas & Elec 25 Birmingham Elec 57 pref_.____* Bell 56 preferred...—* Birmingham Gas 56 pref * Birmingham Wat Wks 6% pf.100 Blackstone Val Gas & El pref. 100 Blue Ridge Corp ] .. 53 conv preferred Boston Edison Co 1334 434 - ... SS 92 10 ... - 25 * 6% preferred. Arkansas Pow & Lt 57 pref * 6% preferred _* Associated Gas & Elec com ....1 Common class A 1 Original preferred ..* 54 preferred * $5 preferred.. ...» 56 preferred * 5634 preferred * $7 preferred * Option warrants Assoc Telep Co Ltd 51.25 pf * Assoc Telep & Teleg $6 pref— $7 7% pi ere. red 6% preferred.— Baton Rouge Elec Oo 50 pf Beauharnois Power com "834 834 167 115 170 116 §5" 78 69 71 26 29 103 112 2*4 * Boston Elevated Ry com Brazilian Tr Lt & Pow ord Bridgeport Gas Light Bridgeport Hydraulic Co Brit Col Pow Oorp A a 100 100 * * 20 * Class B-. Broad River Power 7% pref--100 Brockton Gas Light Oo v t c—25 Brooklyn Edison 100 45*2 135*1 13534 6034 2634 61 27 33 36 30 34 3834 734 3534 8 100 T" 6 173 180 2234 6434 334 1734 3034 fl" 2334 9734 13 104 Called Aug. 2 at 105 b Basis. /Flat price 8 2 1934 2634 1134 6634 1134 6334 5634 1934 334 1334 134 .... com 4 , 1834 * l8tj3referred 334 3634 10934 l¥* * Preferred Arkansas Missouri Power— Bangor Hydro Elec irA irA 3 com ... n54 12234 36 10834 * 35 36. 28 - common 59 3434 3434 534 11534 12134 1034 5534 * Utility 57 87 83 4534 American Light & Traction. __25 6% preferred 25 Amer Power & Light com ——♦ $6 p. pferred * $5 preferredAmerican Service $3 preferred. New 65k 1 t Galled Aug. 2 at 10334. 10534 5634 5434 * - 1st 5s *38.-J&J Water 6s 1949 1st M 5s 1956 ser B 1st M 5s 1960 ser 106 112 * Bklyn Manhat Transit-...----* $6 preferred series A ...» Bklyn & Queens Transit com--* 56 preferred * Brooklyn Union Gas * Buffalo Niagara & East Power— 51.60 prior preferred 25 55 1st pref-......—... * (Germ) 1953 $7 second pref series A $6 cum pref Warrants Amer Gas & Elec com Bel] 99 M&N 6s 1950 * * —.. 1954.A&O M„5s 1951 86" 70 * 100 . 10834 Ry— 1960 J&J West Va Water Service— 1st mtge 4s 1961 A&O Western Cont Util 6s 1944—M&S Western Lt & Tslep 5s M{5ks 95" 121 ext 1 . 105*4 11834 334s 1956— A&O extended 1956 M&N Texas Utilities Co—" M 5s 1957 ser A -..A&O West Virginia Ohio River •89 102 55 Class B Amer States 107 Co 53 8634 10134 72 34 1st $6 preferred Warrants 65 Hydro-Elec— 99 79 * Alabama Water Service pref * Allegheny Traction—See Phila Co Allentown Beth Gas pref 50 Amer Cities Pow & Light cl A 25 Class A opt div ser w w 25 56 preferred Amer Gas & Power 75 74 71 72 1966 J&J Penn Tr 1st 5s 1960-J&D York Haven Wat&P 1st 5s'51 J&D York Rys 1st Mg 5s *37 opt-J&D Amer Dis Tel of N J com Preferred Amer & Foreign Pow com $7 preferred- 98 106 / Yonkers Ry—See Third Ave Ry York (Pa) Gas 1st 5s 1941.M&N % 9134 1st 6s ser A w w 1950 98 J&J Conv deb 634s 1945 92 J&J West Coast Telep 5s A 1953.J&J 9434 Westchester Elec—See 3d Ave Ry Westchester Lt 1st g 5s *50—J&D 120 Gen mtgg 3 34s 10234 gtd 1967—J&J Westchester Serv Corp 6s '48 A&O / 38 West End St Ry—See Boston El West End Trac—See Phila _ 4s serial deb June 1 1938-1940. Wisconsin Public Service Corp— 1st mtge 4s 1961 J&D Wolverine Pow adj 4 34s Mar 1 '59 Worcester & Conn Eastern Ry— See Railroads. Worcester St Ry 5s A 1947. J&D Worcester Transit Association— Cum income 6s 1952 J&D PUBLIC UTILITY STKS. Alabama Power $7 pref $6 preferred $5 preferred 45" 5s — Wisconsin Hydro-Elec Co— 1st M 5s 1947 A&O Wisconsin Michigan Power Co— 1st mtge 3 34s 1961 J&J Wisconsin Minn Light & Power— 1st & ref 5s 1944 opt *19—M&N Gen & ref 7s 1947 J&J 1st & ref 8s 1944 M&N Wisconsin Power & Light— 1st mtge 4s ser A 1960 J&D Wyoming Vail P w w West Penn Elec deb 5s 2030-A&0 West Penn Power— 1st M 5s 1963 series E M&S 1st M 4s 1961 series H J&J 1st M 334s ser I 10034 20 6334 1960-F&A Wash Ry & El g 4s 1951 10634 J&D Anacost & Pot 5s 1949 67 A&O 1st guar 5s 1949 107 A&O City & Sub 5s g 1948 F&A Washington Water Power Co— 1st ref 5s 1939 op 10634 J&J 1st & gen 5s 1960 10534 J&J Washtenaw Gas 1st 5s 1953--J&J 102 Waterloo Ced Falls & No Ry— 1st M s f g 5s 1940 2234 J&J / Certificates of deposit f 2234 Water Service Cos 5s '42--M&S tioo Watert'n l&p—See No N Y Util. Waukesha Gas & Electric Co— Canadian 10034 J&J Cum income 6s (w s) 1952-J&D 8 6s 1971—A&O Yadkin River Pow 1st 5s '41 A&O 109 10834 Deb s f 6s 1946 P&A Virginian Power 1st 5s 1942.J&D Wabash Telephone— 1st M 434s A 1956 J&J Warren Ohio Telep 6s 1942.M&N Wash'n (DC)GL5s 1960--M&N Refunding 5s 1958 J&J Washington Gas & El Co— 1st s f 534s 1947 P&A 1st M 534s 1953 J&J 1st M 5s 1955 M&N 1st M 5s 1941 opt 24 120 107" 5034 1st & ref 534s 1946 ser A—P&A 1st & ref 5s 1950 ser B J&D 1st & ref 6s ser C 1952 M&S Wh^e Piains Ltg Wichita t Called Sept. 1 at 102. 1st & ref M 4s ser A 1955-M&N Wheeling (WTa) ..A&O 86K 12034 Virginia Electric & Power— 1st 5s series B liH 13 Conv deb 634s ser A 1938.F&A 7 34 Vamma Water Pow 534s '57.A&0 103 Vermont Ltg Corp 1st 5s'44 A&O / 30 Vesten Elec Ry 7s 1947 2234 J&D / Coll tr 5s 10634 United Rys Cos 4% ctfs '49-J&J f United Railways of Havana— • 103 10334 7534 10934 99 15 50 - 7034 103 98 Deb 5s 1959 -P&A / Utilities Public Service Co— Conv 6s 1933 J&D / Utilities Service 6s 1953 / 1st'5s series B 10134 • 9634 10234 10234 Gen M 5s 1956 ser D 10534 A&O 107 Gen 5s 1952 series E J&J Utica & Mohawk Valley Ry— 1st 434s 1941 7 M&S / Utilities Power & Light Corp— Deb g 534s 1947 5034 J&D / ^Utilities 6934 Conv coll tr 6s A I960-—J&J Convcolltr 53*s B 1960 J&J Eq 7348 Feb 15 1936 .... 9434 8934 B— United Elec Serv (Italy)— Extl 1st s f 7s 1956 ser A..J&D United Gas & Fuel (Hamilton)— 1st s f 534s 1948 J&J United Ilium Co New Haven— 1st 4s Feb 1 1940P&A United Light & Power Co— Deb g 634s 1974 —M&N 1st 1 & consol 534s 1959—A&O Deb g 0s 1975 M&N United Lt&Rys (Me) 6s A'52 A&O Deb 6s 1973 J&J Un Lt Rys(Del) deb 534s.52 F&A United Public Service Co— 15 114 96 2022-.--M&N 1 Utica Belt Line Street Ry— 1st 5s 1939 11 M&N / Utica EI & P 1st 5s 1950-—J&J 11834 Utica G & El ref & ext 5s *57 J&J 11834 106 Gen 534s 1949 ser O—J&D 15 1st Unit Elec Oo of N J 4s '49--J&D United Elec Rys (Providence) Gen ref M 5s Jan 1951 ser A— Gen ref M 4s Jan 1951 May 1st M&S 15 / 1942 »— 65 65 91 Ry—See Third Ave Ry Traction—See Phlla R T Water Service CoFirst lien 534s '51 ser A.M&N Union Water Wks Oo— 6s 1st lien gen M 5s 1944—P&A 1st lien & gen M 4 34s 1944.P&A wBrtdge3k^34s, 77 Union Passenger Railway— 1st Hen Deb West Ohio Gas 6s A 1954. 10334 Union Gas Union Union Union Union 2634 9934 West Gen 58 series A 1954 J&D a Gen'l mtge 5s 1967 ser B..F&A t General 5s 1957 A&O 1 General 4 Ms 1957 M&N s 2434 9934 1959 110 J&J Wayne United Gas 634s '44. J&D / 90 79 75 3% notes, 1942 J&J Union El Lt & Pow Co of St L— 1st M & coll 13 1st 10434 Twin States Gas & Electric— 1st 1 & ref 534s 1945 Ser A.M&S Tyrol Hydro-Elec Pow Co— 1st M s f 7Ms 1955 M&N Guar s f 7s 1952 P&A Ujigawa Elec Power (Japan) 1st M s f 7s 1945 M&S15 Union Elec Co of Missouri— 1st mtge & coll tr 3 Ms 1902 J&J Union Elev RR—See N W Elev 10 1st lien & ref 6s 55" 4634 9234 M&S15 1941 1634 75 Toledo Flison 5s 1902_____M&N Traction & Term'l Corp 5s '57J&J Trenton G & El g 5s 1949..M&S Trent'n Pass Ry 1st ext 0s'01 A&O Trenton St Ry ext 5s 1908..J&J General 0s 7 49 60 Tokyo Elec Light Co (Japan)lst g 0s 1953 series.-J&D15 United Traction (Albany) Con g 434s 2004 --—J&D / Unit Trac (Pgh)—See Phlla Co Virginia Public Service Co— 91 It. f 7s 1955 94 101 ~ ^ V- 28 / Third Ave RR 1st 5s s 12 7 Union Ry 1st 5s g 1942..F&A Westchester El 1st 5s g '43. J&J Yonkers Ry 1st 5s 1940--A&O Tide Water Power 1st 5s '79.F&A Toho Electric Power (Japan)— 1st 94" A&O 1st & ref 5s 1950 Texas Pub Serv 1st 5s 1901 Texas Traction Co 5s 1937--J&J Third Avenue Ry (New "* ork) 1st ref g 4s 1900 opt aft '14 J&J Adj inc 10034 10134 J&J M&N 1952.-M&N _ 105 1st mtge 5s 1900 .-J&J Texas Gas Util 0s 1945— A&O 1st 2-6s 1951—M&S Texas Hydro Elec Corp— f 534s ser B 1st lien 6s ser i 90 9934 Texarkana Wat 1st 5s '58-.P&A 103 Texas Cities Gas 1st 5s '48.-M&N 92 Texas Consumers Water— 1st 0s A 1939 A&O 1 734 Texas Elec Ry 5s 1947 J&J f 634 Tex Wise Fuel& Lt 1st 5s 1948.-M&N Wisconsin Gas & Electric— 1st mtge 3J>4s 1960 A&O 80 80 Gen 4-5s series A 1965 Gen inc 4-5s ser B 1965 Unterelbe Power & Light Co— Sink fdM 6s 1953 A&O / Utah Lt & Tr 1st 5s 1944 A—A&O Utah Power & Light Co— Telephone Service (Ohio)— Terre Haute Traction & Light— 1st con M g 5s 1944 M&N Terre Haute W W Corp— 1st M 0s 1949 ser«A J&D 1st M 5s 1950 ser B_ P&A Terre H'te & West Ry 5s '37 M&N f 534s ser s 105 77 J&J 28 9834 Telephone Bond & Share Oo— Deb s Coll Tampa (Fla) Gas 534s '50--A&O 1st 7934 7934 A 1952—M&N Coll 27 1234 Ask 34 United Securities Co— 107 Bid 10434 7634 6234 Bonds Winnipeg Elec 1st 434s I960-J&J 27 33 City & Sub Pub Serv 5s 34.J&J 5s 1946.M&S f 2nd mortgage 5s 1930 J&J / Taiwan El Pow s f 534s 1971-J&J g Ask 90 126 Syrac Rap Tr 1st Bid Bonds United Rys of St Louis— Gen g 48 July 1 1934.---.J&J/ > T...f «oi* « xr— P * Quotations for all Cable 8c Wireless Ltd-— Amer dep rec 7)4% A securities are as near as possible for the closing Eastern Mass St 5% adjustment stockEast Shore Pub Serv 6)4 % Eastern States 84 104*6 Canada Nor Pow com Can Hydro-El Oorp 6% 1st pf 100 Canadian Marconi- _ ------- - r = 1 $6 preferredCent Arkan Pub Serv Corp Central Elec and Tel com -* "*7 preferred series 6 preferred series B Eastern Util Assoc com 1.55 33 15*6 Elec Power 8c Light -- Cenl;IUinol?Light4)4% pref-100 $7 preferred $6 preferred 2d pref series A Optional warrants 102 71 85 $6 pref------* Cent Indiana Gas 6)4% pref-100 Cent Indiana Power 7% pref 100 Central Maine Pow 6% pref—100 7% preferred 100 Cent Mississippi Valley—Elec Properties 6% pref- -—100 Cent Ohio Lt & Pow 6% P^---* Central Pow & Light 7% pref 100 Cent 111 Pub Serv 19 10 100 *6 4)4 101 5)4% Prof—* Chic City & Oon com part cub..* Pref partic ctfs ——-Chic Dfet Elec Generat $6 prefOhlcago Rys partic ctfs series-100 Preferred - - 7^ 101 102 —100 50 Suburb Bell Telep—50 $3 preferred Warrants. 113*6 38* 103* —* Consolidated Gas Utilities com.l i Cons Trac of N J—See P S Corp Cons Trac (Pittsb)—See Phila Co Consumers Gas (Reading)....25 Consumers Gas (Toronto) 100 r Consumers Power $5 pref..—* * 28 201 99*6 92 Continental Gas & Electric— 100 7% prior preferred 89 Continen Pass Ry—See Phila R T 1 100 ......1 Crescent Public Service com Cuban Telephone pref Cumberland Gas com Cumberland Co (Maine) Power & Lt 6%'pref 100 5)4 % preferred 100 Dallas Power 8c Light 7 % pref 100 6% preferred * 106 100 103 114 110 102*6 * 100 Derby Gas & Elec $7 pref— * Detroit & Canada Tunnel......* Detroit Edison 100 Duke Power 100 Duluth Superior Transit com —* Duqueene Nat Gas common * $4 preferred..—. .* $5 preferred -* 2 21 55 14)4 11526 71 4 * Without par 100 100 value. tNow known Ex-dividend. x 19 63 16 1 10 50 ... pf2100 Indiana Hydro T' 9)4 6% 49*6 ? 62 Warrants..----—- —..... Internat Ocean Teleg (guar)..100 International Power Co........* 1st preferred - 100 Securities as the Southern 33 25 63 42 44 16 28 33 38 41 Lexington Util 6*6% pref 25 Lexington Wat Serv pref.—.... Light & Pow Securities Co.. Preferred.... 82 84 Lockhart Power pref........... Lone Star Gas Corp * 100 25 com cl A 100 100 II 7% preferred 100 Lynn Gas & Elec Co 25 Mackay Companies 4% pref. .100 Maiden Electric Co Maiden & Melrose Gas Lt 3*6 80 20 65 16*6 48*6 1*6 51* 7fi* 76 89* 21 108" 114*6 13$ 51 103 105*6 88 *6 77 86 90 101 105 83 23 84* 24* 75*6 77 84 75 29 33 86 13 20c 68 30 42 36 250 18*6 49 185 108 107 85*6 8*6 2726 10*6 com.. California Gas Co. 100 10 25 25 Amer dep rets for ord shs £1 Market St Ry(San Francisco). 100 6% preferred 100 6% prior preferred 100 6% non-cum 2d preferred-.100 Mass Power 8c Light Associat'n— 27*6 10*6 9*6 226 !» 10*6 13 23 24 3*6 3 * Common with warrants Common without warrants...* $2 Preferred ... * 23*6 * Warrants Mass Utilities Associates 62 11*6 112 41 791 65 100 100 Lowell Electric Light 25 Luzerne Co Gas & El $6 pref. 100 18*6 74* * 100 < ;:>£ 98 Manhattan Railway 7% guar 100 34 105 71 31 y tc. 5% conv partic preferred—50 Memphis Natural Gas.. —* Memphis Power A Light $7 pf$6 preferred Metropolitan Edison Co— $6 preferred series O—...—'* $6 prior preferred —* Mexican Northern Ry com—100 Preferred ..........100 Middle West Corp com-—....-5 Warrants —. 78 Middle West Utilities———-* 30 dland ?>6 convUtil 7% prior lien—100 preferred series A * 34 prior lien.. —.100 7% preferred class A-—. .100 6% preferred class A 100 Milw Elec Ry & Light— 60 6% pref series 1921 100 34 Minnesota Pow & Lt 7 % pref 100 47 $6 cum preferred —100 *6 Mississippi Power $6 pref....— 2' $7 preferred — 38 Miss Power & Light 6% pref—* Mississippi RIv Pow 6% pref-100 260 21*6 Mississippi Valley Utilities—* Missouri Pow & Lt $6 pref * Missouri Pub Service com * 109*6 Monongahela L 8c P—See PhilaGo Monongahela St Ry—See PhilaOo 109 87*6 Monon-West Penn P S 7% pref 25 8*6 Montana Dakota Utilities com. 10 5% preferred—. —.100 28" 6% preferred .......100 10 Montana Power 6% pref * Montreal L H & Pow Cons -* Montreal Telegraph .—40 Montreal Tramways com—.100 Mountain States Power com— 7% preferred 100 Mountain States Tel 8c Tel--10C Montana Power 6% pref —* Municipal Service 6% pref—100 Nassau & Suffolk 7% pref—100 National City Lines— 15 6% "8 5c ... Light— Illuminating Shares M 60 36 25 International Ry ▼ t c • 7r Ilium & Power Secur Internat Power Units < 30 105 104*6 Modified 5% guar 100 Marcon Int Marine Commun'y— 96 IllfnoisrNShVtmties~6 % 2" 57 * 5% Preferred 5*6 55*6 50 52 1st pref. 100 class A * Elec 7% pref. 100 Indiana Service Co 6% pref—100 7% preferred... —100 Indianap Pow & Lt 6*6% pf-100 X Indianapolis Ry Co v tc —100 27 Interboro R T vot trust ctfs..100 12)4 Internal Hydro-El Syst A——.25 Conv pref $3.50 secies..... * Canadian price, 48 pref-.* A__—1 * A...... 57 East Coast Public Service v t c__l r 1 98 99 Preferred 120 2*6 1*6 96 109*6 103 61 5% preferred 6% preferred. 7% preferred.. Louisville Railway Co... 48 47 119g 49 Louisv Gas & Elec 4 56 84 74 46 47 46 100„ 79 23 48 46 135 Hamilton Bridge Preferred 22 Eastern Gas & Fuel Assoc's com * 6% preferred 4)4% prior preferred 7% pref class --...—100 47 43 43 il* 90 89 72 1 43 42 51)4 26 37 130 ; 6*6% preferred 100 Long Island Lighting com * 7% preferred A —100 6% preferred B 100 Los Angeles G&E Corp 6%pf 100 Louisiana Power & Light $6 pf-* 4*6 43 44 - Illinois Power & 102 *6 22 11)4 * 46. Arrears certificates.. Duquesne Light—See Phila Co— 92*2 4 '64"" 53*6 Light— 6% preferred 100 7% preferred 100 Kentucky Utilities 6% pref.. 100 7% preferred —100 Keystone Pub Serv $2.80 pref..* Keystone Telephone $4 pref—50 Kings Co Ltg 7% pref 100 5% preferred..... 100 Laclede Gas Light 100 5% preferred. 100 17%. 20*6 Co. 93 94 62 55 I Kansas Power 8c 56 ^ - 92 36*6 Kansas Elec Pow 6% pref 100 Kansas Gas & Elec 7% pref.. 100 'R 19* w 1] \ '81 89 -* ..—100 r Hamilton Gas common v t c * Hartford Electric Light 25 Hartford Gas com 25 Preferred .......2 5 Havana Elec Ry com....—...1 203 6% preferred .—..—100 Haverhill Elec Go_. —--25 Hestonville M & F—See PhilaRT Holyoke Water Power...——100 91*6 Houston Natural Gas com.....* Preferred —.50 Hudson County Gas.— 100 Idaho Power 7% pref 100 2)4 6% 1 st preferred-* 111 Commercial Telep $6 pref.—* 108 Illinois Iowa Power common ...» Dayton Pow & Lt 4)4% pref.100 Denver Tramway com Preferred 60*6 72 54 Georgia Power $6 preferred— $5 preferred 52 Germantown Pass—See PhilaRT 42 Gloucester Elec Lt Co.— 25 2 Gold & Stock Telep (guar) 100 60 *6 Green & Coates—See Phila R T 114*6 Green Mt Pow Corp $6 pref—* 50 Greenwich Gas $1.25 pref__ 2 Greenwich Wat & Gas o% pf_100 15 Gulf States Util $6 pref. —* 19 $5.50 pref -* 75*6 Hackensack Water—.........25 100 * r Lawrence Gas 8c Elec Lt Warrants.: Cons Edison Co of N Y com....* $4.50 preferred 63*6 * 20 5 % preferred Gen Telephone Corp com $3 conv preferred— .100 62 57 60 Gary Elec & Gas common * Gas & Elec of Bergen County. 100 Gas Utilities Co ,* Gen Gas & Elec (Del) com A._* 5s prior preferred $6 cum conv pref ser A— * $6 conv pref ser B * $7 preferred $8 preferred Gen Italian Edison Elec Corp— Amer shs for ordinary stock. Gen Public Service Corp * $6 preferred -* General Pub Util common * Gen Telep Allied Corp $6 Gen Wat Gas 8c Elec com 25 100 726 18*6 98 Foreign Light & Power units..-* Frankf'd & S'thwark—see Phila R.T. 1H 214 Jamaica Pub Service Ltd 6% preferred 81 78 7 17 $6 preferred , —* $6*6 preferred * $7 preferred —* Fitch burg Gas 8c Elec Light—50 Florida Power & Lt $7 pref * 113 *6 100 50*6 50*6 11*6 Federal Power & Light com—50 Fed St & Pleasant Val—See Phila Federal Water Service com A-.* 109 )4 6*6% preferred....... * $7 preferred * Iowa Southern Util 7% pref.- 100 6% preferred Italian Superpower common A * Debenture rights k New common, 25*6 . Consol Elec & Gas $6 pref......* Cons Gas E L & P (Bait) * ssa Federal Light & Tr com Preferred ($6) 101, 56 46 Franklin Telegraph (guar)...100 Gardner Elec Light common. 100 Preferred 100 -* * 66 58 45*6 * * * 63 99 90 91 44 50 47 25 —15 * Fall River Gas Works 53 65 6% preferred A —.......100 6)4% preferred B —100 Commonwealth Edison Co.—100 Commonwealth Gas ......-1 Commonwealth & Sou Corp com * Optional warrants $6 preferred * Community Pow & Lt com.....* First preferred 6% ..-100 Community Pub Serv com..-.25 Community Water Serv com—1 7% preferred * Concord Elec Co 6% pref....100 Common * Conn Gas & Coke Sec pref -* Warrants, 62 40 Phila 4|* 90 107 )4 225 215 60 Iowa Pow 8c Lt 7% pref...—100 Iowa Pub Serv $6 pref * Jersey Cent Pow & Lt 7% pfllOO 6% preferred 100 5*6 % preferred. 100 Kansas City Power 8c Light— 1st pref $6 series B .«.* Kansas City Pub Serv old.—...* 54 33 61 Preferred 100 Jamaica Water Supp 7 *6 % pf- .50 Jefferson Electric com * 44 25 6% pref _ 11*6 Fairm't Pk & Hadd Pass Ry—See Fall River Elec Light 25 --* $4.50 preferred -* Cleveland Railway 100 Coast Co Gas & E1 1st pref—100 Oolum G & El Corp (Del) com.-* 6% preferred series A100 5% preferred --100 5% conv preferred 100 Columbus Delaware & Marion— 7% preferred 100 Columbus Ry P & L $6 pref Columbus & Southern Ohio Elec p 77 10 6& 90 h 100 ---10 100 Cities Serv Pr & Lt $6 pref---* 7% preferred ----100 Citizens' Pass Ry—See Phila R 1 Citizens Traction—See Phila Co Citizens Utilities com 1 Oleve Elec Ilium common * $5 preferred 80 76 64 9 7 7 - Cincinnati Street Ry ill 78 Option warrants 100 100 -100 Cincinnati Gas & Elec 5% pf 100 Cincinnati Gas Transp 100 Cine New & Gov Lt & Trac—100 6% preferred series A 6*6 23*6 185 European Elec class A Series 4- 4)4% preferred 6._ 23*6 68*6 100 Essex & Hudson Gas Series 3 Connecticut Ry& Lighting 76 25 ... pref —.100 21 75 66 6 * * * com... 7% preferred 20*6 50 100 Engineers Pub Serv com $5 convertible preferred $5*6 pref (with warrants) ... $6 preferred Series 2 5)4% preferred 15* Telephone Iowa Electric 6 *6s 7 r: 6% preferred 100 fe Empire Power Corp partic stk__* $6 preferred * Empire Telephone com.....---* 19 Chester Water Serv Connecticut Power 100 100 Investors pref $7 Iowa El Lt 8c Pow t Empire & Bay State Teleg---100 Empire District Elec 6% pf--100 Empire Gas & Fuel Co pf 8% -100 Preferred 7 % —.100 6)4% preferred 100 19 Central West Go. com __—-—o Common 14 12 21 520 35 100 Connecticut Light & Power. i§* 510 1 ---1 Cities Service com Preferred Preferred B Preferred BB 29*6 Warrants........—.....— Eliz & Trenton RR com 50 . ------100 Conv preferred ser of 1929--100 6 % cum pf (without warr) - -100 Central States Pow & L S7 pf--* Cent Vermont Pub Serv 6% Pf-* Oincin & 30"" 12 65 108 3 preferred Preferred 28 105 89 1*6 * .—.........100 Eliz Consolidated Gas 40*6 * 24 88*6 3H 53)4 Cent & S W Util com 50c Preferred --------Prior lieu preferred * 18 39*6 26 * — Preferred 17 * $6 preferred Preferred series A 7%-.—100 El Paso Nat Gas com .....—3 78 * Interstate Power 3*6 El Paso Electric Co 97*6 12 19 $1.75 preferred 76 84*6 93)4 Preferred.. 17% 126 l $3.50 preferred Warrants 526 36 (Del) * Class B 28*6 6% Corp..—-* ......... 11 58 * * * 1 1 Elec Power Association Class A full paid Ask ♦ Interstate Natural Gas 60 * * * preferred preferred Bid Par International Telep 8c Teleg International Utilities A 68 3*6 --* " -1 7% preferred- 81 pf 100 com "(Boston)II100 pf 100 Central States Edison Central States Elec Corp 4*6 78 73 Oonv stock —ou 6%preferred Cent Hud G & El com 12 100 Oorp Edison Elec Ilium Electric Bond 8c Share— 100 Capital Transit (Wash, D 0) Carolina Pow & Light $7 pref 40 10 100 100 6% preferred 84 2 40 Stocks Ask 2 -100 6% pref B stock.. ord 5)4 % pre**.— Calif-Oregon Power Co—6% preferred series of 1927 100 6% preferred —100 Calif Water Serv 6% pref 100 Amer dep rec B Amer dep rets Bid Ry com..-.100 6% 1st pref stamped ord--** day of the month preceding the date of Issue Par Stocks Ask Bid Par Stocks Conv STOCKS PUBLIC UTILITY 80 Common 2i$ 2i$ 62*6 72 98 331 3*6 37 *97*6 3l% .......... —50 $3 conv preferred National Gas 8c Elec com.... 10 National Power 8c Light com.—* Nebraska Power 7% 1st pref 100 Nevada-Calif Electric com—100 Preferred Newark Consolidated Gas {Name changed to Boston Edison Co. 200 100 I: Last sale, n Nominal. AUG., 1937] PUBLIC Quotations for all securities Stocks New Brunswick Par Bid are as Stocks 23 265* ,76 77 235* 285* 126 65 117 New Haven Water 60 N J & Hud Riv Ry & Fer pref 100 New Jersey Pow & Lt $6 pref—* New Jersey Water pref 100 New Mexico Gas com....—...6 109 103 98 ..—60 $6 cum prefAllegheny Traction..—....50 265* 58)4 Citizens Traction Consolidated Trac pref 79)4 zl» 6** 12 15 24 95* 12 9m 100 1075* 17 non-cum preferred * N Y A Richmond Gas 6% pref100 N Y & Queens El L & Pow— Common 109 31 28 i 32 14 86 ;f 145* * - - 88 71 85 "t ..... 46 45 111 32)4 43)4 4)4 28)4 6 97 135* 28)4 Peninsular Telep Co com * 100 Preferred Penn Central Lt A P $5 pref—..* $2.80 preferred— —.* Penn-Obfo Edison— Warrants................... . , 30 105 135* 64 r 101 r 23 19 6H 21)4 1405* 120 10 22 com ;12 Partic class A stock * Penna Gas A Elec Co 7 % pref. 100 Pennsylvania Power 6% pref-100 6.60% preferred 100 Pennsylvania Pow A Lt $7 pref.* $6 preferred-... * > $5 preferred* Pennsylvania State Water, pref.* Penna Telephone $6 pref 100 Pennsylvania Water A Pow * People's G L A O (Chic) 100 5 105* w W 12 IVH 101 104 94 89 85 90 108 135* 37 103 106 95 91 86 94 110 825* 605* 835* 515* 89 Jfc Last sale, n ; 91 105* 355* 1165* 785* 29 15* 16 35* 6 , Class B common..... i_] % Preferred Ut]ca Gas A Elec 7% $6 29 5^ 935* 1015* —50c 60 Class B "* ^ ^ m 1065* 1075* 36 .... 805* 112 34 w—.i. Original preferred .......25 Southern Calif Gas Co— 6% preferred series A 25 Southern Canada Power Southern Col Pow com A » JX Nominal, r cum preferred— Canadian price, t New 100 3 8 .4 12 74. 20c 25c r-h stock, f5 255* im 27 27 36 37 295* 135* ny> 5 x 66 & 92 ♦ 92 !!"l 25* I ........... If 8 , Y®lia SFV 7% Pref..! 100 6% preferred O) Gas_ - Wash Gas A Elec 7% pref Wash(D O) Ry A Preferred £ . _ . new lOOl S>m!!!!l00 —.100 Washington Wat Pow 6% pref—* 'West Penn Elec Co class A__ • 7% cum 1 79HI n* 1 690 1095*| 100 100 preferred-..— 100 6% cum preferred —..100 West Penn Power 7% pref....100 6% preferred 100 West Phila Pass—See Phila R T West Texas Utilities $6 pref.... » West Va Ohio River Bridge— com 90 120 112 78 60c 10 92 , 1.48 Western Union Telegraph— "100 Westmoreland Water pref......* Wheeling Elec 6% pref ..100 Williamsport Water pref—.. Winnipeg Elec class A ... Class B Preferred 255* 91 * —"""* pref— !!l00 295* I 23 Preferred "25 955* (Western Massachusetts Cos... ~ 32.34 Western N Y Water pref 103 12 72, 68 21 —100 Common ............. _y 17 Preferred 45* ..!." 55* (West Va Water Serv pref.!!!!! Lt^, South Calif Edison common—-25 55* % preferred series O 25 6% preferred series B 25 • """ p~ref!!!I66 7% cum pref—!.!!!!!!!!!ioo Virginia Elec A Power— $6 preferred... ♦ ■ . 1 — Non-voting common..—.!!!; Western Lt A Tel South Carolina Power 6% pref— Southeastern Gas A Water A—* . Haven!!!!* $2.75 preferred-— $3 preferred Script United Tel A Elec 6%~ Washington (D 40c ' 100 110 r .... III Co of New 1085* 100 30c 15* 105 106 * Jfc 105* Scranton-Spring Brook 4.80% Without par value. 985* 985* 108 Common.Southeastern Pow A Warrants. 14 * preferred--... Utilities Power A Lt cl A 975* 975* 25 Preferred 100 South A Atlan Teleg (guar)—25 Southern Indiana GA E— * 5* 111 $4 preferred...— 25* Improvement!!!!!!* $6 preferred..$7 preferred 54 100 100 Shawinigan Water A Power "" jUtah Power A Light— 30 lOu 15 84 125* 32 5* J00 Sioux City Gas A El 7% pref-100 Sierra Pac Elec 6% pref 100 South Amer Utilities com 115* 116 Pr com A» Common B 6% cum 1st pref .!—""" ♦ Ry 6% pref!!!I5o 85 Water Service 6% pref.——* Seattle Gas common * 1st $5 preferred 285* ..—100 113 2d $5 preferred * 595* .Second Ave RR Cop (N Y) * 36 |2d A 3d Sts Ry—See Phila R T 7 65* 31 ! 68 33 1 —!!""♦ (United Lt A 95* 68 65* 20 265* 110 86 100 corn... 20 675* * Savannah El A Pow 6% pref-100 Scranton Electric $6 pref * 1405* 1415* com!* $5 preferred 65. 9 8% preferred 100 Sangamo Electric com new..— ~ San Joaquin Lt A Power— 7% prior preferred.—.....100 6% prior preferred .100 7 Corp * ~~ Warrants 33*" San Antonio Pub Serv 7% pf.100 72 65 ~~ 145* 72K St Louis Pub Serv common.—..* 1055* Gas if* 13 Bedford)—100 f3 cum preferred varrants 1015* 19 64 45 V * com United Gas A Elec (Conn) 7 % preferred 96 72 m5* S^Canada)!!!!!!!!!".10? " ®as * 107 —......100 v5Hon ^LR3! (New m'm 325* * 7% preferi ed 100 K Preferred "go Union Pass—See Phila" RT~ (United 85 114 1185* 45* 76;:;; 85 94 100 110 . 305* 275* 265* 445* 105 70 63 96 r -—100 $7 pref series A— 1135* 1145* 10 St Louis County Water pref—100 33 yg 102 62 78 78 representing com Roch Telep $65* pref Rockland Light A Power 22" 1035* Teleg—-!..♦ 7% preferred 153 135 1145* * 6% preferred series O 6% preferred series D 5% preferred series E 103 • Warrants B Penn Western Gas & El 435* Riverside Traction. 50 Preierred.. ...50 Rochester Gas A Electric— 69 89 , Pennsylvania Gas common.—..* Penna Gas A Elec Corp $7 pref—* 315* 985* 435* 140 127 Ridge Ave Pass—See Phila R~T Rio Grande Valley Gas v t c 1 8 30 pref-ZIoO %% p^fe™^ 9% preferred Tri-State Telep A Union 55 107 97 Rhode Isld Pub Serv $2 pref.—* Class A... * 100 1005* ...100 Omaha & Council Bluffs Railway A Bridge 4% cum pref—-i00 Oregon Wash Water pref* Ottawa Light Heat & Pow—100 ; 30 105 Borough G A E 6% pf 100 Amer shared . Union Gas System 103 535* Rapid Transit Ry—See P 8 Corp Republic Nat Gas com 1 Rhine-Westphalia Elec Pow— 305* 1085* A Lt 7% 105 10 85 109 100 100 ... 100 preferred Sh&S Ry"(N Y):::::ioo 225* 105* 107 * iadlo Corp of Amer—.... $3.50 conv 1st pref... 455* 106 6% conv preferred ueens 1005* 1075* 105 Oklahoma Gas & Elec 7% pref100 Pacific Public Service— Common non-voting * 1st preferred——......—.* Pacific Telep A Teleg— ..100 6% preferred 100 Paterson A Passaic Gas A El—100 Pecos Valley Pow & Lt com * 225* 95* 60 -. 6%cum 1st 108 81 * uebec Power common 91 985* 1st preferred (6%) T 113 .....100 —.100 Puget Sound Pr A Lt $6 pref $5 prior preferred * 100 100 in,. 7% preferred 100 Public Serv of Okla 6% pref-100 7% preferred 100 Public Serv El A G $5 pref 100 ,.*100 13th A 15th Sts—See Phila R T Tidewater Power 6% pref * 102 130 185 1005* Bridge— preferred [Texas Power ;'Cv 6 85* 105 Rapid Transit St Ry Co—100 Jersey Gas A Elec Trac--100 6% preferred 100 Okla Nat Gas Corp com.......15 Preferred .60 Preferred .....100 Ottawa Traction —lOo Pacific & Atlantic Tel (gu)-25 Pacific Gas A Electric —25 1st preferred (6%) —.25 1st preferred (55* %)-——-25 Pacific Lighting Corp com * Preferred ($6) ♦ Pacific Pow A Lt 7% pref 100, 6% preferred .100 :v;;f4 -'6 c 38 :-;v 5 85* 100 80 99" 107 125* Tennessee Pub Serv 6% pref—* lerre Haute Elec 48 6% pref.-ZlOO Texas Electric 48 Ry.-.-.-I—100 Texas Elec Service 48 $6 pref* Texas Gas Util 34 com 55* Texas Hydro Elec common..! $3.50 preferred 37 100 97 ,< 6 8 41 : Consolidated Trac of N J—100 985* * com 93 98 42 41 109 5* 89 96 100 ... 97 100 6% preferred 93 100 preferred conv 118 100 ..... ..... * .... —.1 .... 28 45* 32 79 32 46 ♦ 100 ? 44 975* AA 5% m. . 73 60 i (Tawny-Palmyra 33 114 101 50 65 70 Zl Tampa Elec Co 100 Public Serv Co of Nor 111 Common * — Tennessee El p 1st pref (~7%)!l6o 7.2% 1st preferred 7% preferred—— 6% preferred $5 preferred 83 ... com 5 77)4 30)4 7% preferred 100 Ohio Power 6% pref.........100 Ohio Public Service 5% pref-100 6% preferred-............100 7% preferred -.100 Ohio Service Holding com 1 6% preferred...........——5 Ohio Valley Gas com ...1 Ohio Water Service A 265* prior pref B 8 44 $6 preferred iPublic Serv Co of N H $6 pref--* $5 preferred-.;.—-...—.i—* Public Serv Corp of N J— * 8% preferred ...100 95 26 80 70 -.0 , 36 44 , 103"" 965* .100 •• $7 preferred 74 cum a7!tf£e6% pref. >% preferred 13 67 24 11 Ind prior pref__* or 100 Superior Wat, Lt A Pow~7~% p~fl6o Swiss American Elec pref-... 100 Phila R T 6% preferred Public Serv w«OT6%"pf 5 5 5* % preferred100 Power Corp of Canada com....* Providence Gas _* Public Elec Light pref 100 Public Serv of Colo 7% pref..100 49 80 90 * 3 7% preferred 100 (Potomac Elec Pow 6% pref—100 10 15 18 * . Preferred 85* 27 f' 5 \ 15 Portland Elec Pow 6% pref 50 $6 Class 62 24 11 , 2)4 y-'■$■■■■ | .85* 60 21 31 7% preferred 45 Ohio Edison 16 pref-..........41 Ohio Elec Power 6% pref 25* 38)4 78 7% preferred -100 6% preferred--.—........100 15 series cum pref * Northern Texas Elec 6% pref. 100 Northwest Electric 7 % pref—100 North West Utll 7% pref 100 7% prior lien 100 N'western PuD Serv 6% pref-100 7% preferred 100 Northwestern Telegraph.. 50 —- 99 3X 55 55* pref.100 A Pr com A Standard JPow A Lt 325* 55* 20 100 100 555* Portland Gas A Coke 7% pref 100 995* Portland Gas Light 50 4 Postal Teleg A Cable 7 % pref 100 67 Potomac Edison Co 6% pref_-100 10 15 47 Nor Indiana Pub Ser 6% pref 100 7% preferred 100 55* % preferred —...100 Northern Li her ties Gas 25 Northern N Y Utll pref -100 — 25* 99 365* 116 55 — Pitts Suburban Wat pref Plainfield Union Water 29 28)4 645* 36 120 It* s£iS5K3 27 32 12 _ Springfield Gas A Elec pref * Springfield Gas Lt Co 25 Springf d (Mass) St Ry Cos pf 100 Standard Gas A Elec com.— ♦ $7 cum prior pref. > $4 cum preferred * 1125* 115 — Preferred 60 23 35* Swh^J0"1 Lt Southwestern ? 7 .50 guar. Phila Traction—8ee 725* 1U 7% preferred —100 Northeastern Wat A Elec com..* North Perm Gas 7 % pref— Nor States Power (Del) cl A 34 101 90 100)4 —- O 8 168 Southwest Gas (Okla) 7% preflOO i 24"" ft ■ 112 PhUaCityPass Ry($225* pd)-60 Phila A Darby Pass Ry 50 Phil A Gray's Fy ($25 pd)—50 Philadelphia Traction 50 Ridge Ave Pass ($28 pd)—50i 2d A 3d Sts Ry guar 50 13th A 15th Sts Pass Ry 50 Union Pass ($30 5-6 pd) 50 Union Traction ($175* pd).50 West Phila Pass guar 50 120 North American Co com 6% preferred 50 North Amer Edison 16 pref-—-* North Amer Light & Pow 1 Preferred 25* 37 Class A option warrants...— Class B option warrants 50 Fairm't Pk A Haddington..50 Frandf'd A Southwark Pass.50 Germantown Passenger 50 Green A Coates Sts ($15 pd) 50 Hestonville M A F com....50 Preferred -—50 1095* ft'2 5% preferred 100 New York Steam CoCommon 17 preferred series A * $6 preferred ....—* N Y Water Serv 6% pref----100 Niagara Hudsm Power -10 1st pref 15 series..........100 2d pref 5% series ....100 '"1 155* * Southwestern Bell Tel pref... 100 Southwest Cons Gas Util com 44 80 20 —50 common Preferred * 25 So Jer G EI A Tr—See P S Corp 14 ($29 pd).50 Citizens Passenger Continen Pass Ry- : mmmm, Ask Southern New Eng Telep 100 Southern Union Gas com-__._-* 12 74 ■ Duquesne Light 5% 1st pref 100 Federal St A Pleasant Val—25 ■V 89 Monongahela Lt A Pow 50 815* Monongahela St Ry 50 112 Phila A Darby—See Phila R T 107 (Phila A Grays—See Phila R T 102 Philadelphia Elec Co com ♦ 7 $5 preferred * 41 Phila Elec Power 8 % .ret 25 * "" 6 ransit—50 Philadelphia Rapid 63 7% preferred..——: 60 245* 235* ■ 43 v B _ 72 $5 preferred 6% cum preferred 121 85 .——- Preferred 100 North Continent Utll com—100 6% preferred-............!00 10 Class 98 com— Bid Par Southern Nat Gas class A com--* 68 28 57 6% preferred 50 New Orleans Pub. Serv com * 7% preferred * New Rochelle Water 7% pref 100 N Y Mutual Telegraph 26 N Y City Omnibus common— 16 preferred ........... Nor Amer Utility Sec-- ———* Nor Bost Ltg Prop com... * 15 64 55* 665* : 265* 255* - — —♦ 128 5 5* ; Stocks Philadelphia Co 43 , 81 Ask 35* 25* Peoples Water A Gas pref—100 Peoria Water Works 7% pref_100 3a Phila City Pass—See Phfli R T Preferred 6% preferred 6% prior pref * New England Tel A Tel-..--100 New England Water Light A Power Assn 6% pre*... 100 * 100 Bid Common class B 41 * * N Y Pow & Lt Corp $6 pref 7% preferred New York Railways Corp— Par 45* 35* 165* 120 _ Option warrants STOCKS Peoples Light A Power com A—» Heat A Power .100 New Eng Gas & Elec Assn * $55* preferred stamped ew Ei New'ftiig Pow Assn com * 6% preferred 100 $2 preferred 1 New England Pow Co pref—100 New England Pub Ser com * — UTILITY possible for the closing day of the month preceding the date of Issue Ask Light— 7% prior preferred 7% preferred near as 5* 73 495* 96 109 99 , 45*| 4 —.100 Wisconsin Pow A Lt 6% pref-100 7% preferred 100 Wisconsin Pub Ser Corp 7% pflOO 25 72 65*% preferred .100 Wisconsin Telep 7% pref 100 Wolverine Power Co Worcester Trans Assoc York (Pa) Railways pref—..—60 92 77 , 955* 1125*| — York Water Co 24 92 Ex-dividecd. ......... 16 32* ,i W0£- "Industrial and Miscellaneous Securitie8,, we include all issues which do not appear Under the heading 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 under the In the Land," of the Miscellaneous." "Industrial and NOTICE—All bond prices are "and interest" except where marked "f" and income and defaulted bonds day of the month preceding the date of issue Quotations for all securities are as near as possible for the closing 1 vi' 1st lien & ref 5s 1942 Purch 105 10334 1942-M&S money 6s 1998 Cons M s f 4348 ser D Abitibi Power & Paper— 1st M 5s 1953 ser Certificates of A J&D deposit.----- 10134 101 ys 102 K Botany Cons Mills 63*s '34-A&O Certificates of deposit — 97 J&D F&A 4>£b stamped 1946 89 Aeolian Co 6s 1944 Akron Times-Press 1st 6s Alabama By-Prod 6s Income 6s 1955 91 Gen 101 7434 --J&J '45 A&O 88 , 80 / — 25 100 M&N 100 *38. M&N / 180 6s (w s) 1953— Alabama Co 6s 1938 Ala Cons Coal & Iron 5s Alabama Mills Without stock / ! 98 m + mm mmmm mmmm Amur 188" 102 67 70 67 75 40 45 28" / 83 9934 98 Amer Dept St s Amer Dept St's 9834 60 60 60 97 34 6s 1942 F&A (Pa) 6s '48--J&D (Del) 6s '47-J&D 41 41 97 J&D Amer I G Chem Corp— Conv deb 53*s 1949—.M&N 10034 10634 International Corp— Conv 534s 1949 Amer La France & Foamite— notes 105 10534 85 J&J 1956 J&D 53&s "51—_M&S 87 i 102 / 100 & Stone 90 1943--J&J Amer Radiator deb 434s '47-M&N 10534 American Rolling Mill— Sinking fund deb 5s 1948.-J&J sl02"32 Amer Seating 6s stamped 1946— 105 Am Tobacco deb 4s 1951 F&A 106 Debenture 6s 1944 A&O 118 American Type Founders Inc— Am Mach & Metals 4s Conf s f deb 2 34-5s 1950—J&J /130 '42--M&S 96 46 J&J Am Wire Fabrics 1st 7s Amer Writ Paper 1st 6s 1947 Certificates of deposit-. New , / / 6s 1961 conv Anaconda Cobper Mining Co— Sink fund deb 434s 1950—A&O 46 49 92 107 103 10634 106 Anglo-Chilean Cons Nitrate— Sink fund income deb 1967 J&J / Antilla Sugar Estates— deb J&J / 6s 1951 100 47 47 51 3634 27 10634 37 2834 Anthony (E C)— 1st s r 6s 98 34 (San Fran) 1942.J&D 1942--J&D 9834 25 Arcade Malleable Iron 7s 1943 Armour & Co of Delaware— / 1955-F&A 1st mtge 4s series O 1957—J&J Armstrong Cork deb 4s 1950.J&J 9834 97 34 tl023i32 / 77 1st M 20-yr 4s ser B Arnold Print Wks 63*s 1941.A&0 1st 5s Feb 1 1982 A&O 28" ' 98 34 97 34 103?3z 7834 7234 Arundel Bond Corp 2-5s, 1953 Arundel Deb Corp 3-6s, 1953— 78 Associated Mtge Co 3-6s 1953— Atl Gulf & W Indies SS Lines— Coll tr g 5s Jan 1 1959 J&J 4534 Atlanta Laundries 634s w w 1943Atlantic Ice Mfg 6s 1945 F&A 55 22 73 9934 75 99 68 Auburn Automobile— Conv deb 434 s 1939 103 30 6s 1950—...—... 36 6934 106 J&J Autocar Co 7s ext 1947 M&N Avery (B F) & Sons 5s w w'47J&D Baldwin Locomotive Works— 6s with warrants 1938....M&S 4834 74 / Atl Bug Ref 1st s f 4s 'SI—M&N Atlas Imperial Diesel Engine— 6% conv notes 1945 M&S Atlas Pipeline Corp 6s 1945-M&N conv 98K / 166 Stamped w w 1938 M&S / 6s without warrants 1938-M&S/ 166 162 Stamped ex-warr 1938—M&S f 162 1st g 5s 1940 M&N 103 5s assented 1940 103 Baragua Sugar Estates— Cum Inc aeb 6s 1947 J&J / 66 Barber & Ross 4s 1945—....... 70 Bates Valve Bag Corp— Deb 6s ex-warr 1942-.—F&A 101 Bayway Terminal— 1234 1st mtge 634 s 1946 J&J Certificates of deposit 32 34 Beattie Sugar 734s 1943 ctto.J&D / Bedford Pulp & Paper 634® 1942' ........ 1944—J&D fllft Bee News Publishg 6s 1943-M&N Beneficial Loan Soo 6s B 1939 Q^i profit share deb 1956—Q-J 10434 102 13 34 13 34 Berkey & Gay Furn 6s stpd 1941 - / Bethlehem Fdy & Ma 5s 44 A&O 98 97 16 70 ♦ k Last sale, 105 10334 10534 10434 991* 90 106 97/ 95 95 98 111 41 115 44". 74"" 76 8834 9034 6034 6534 59 6534 Cuban 104 2534 / 4 122 8234 26 99 M&S Cespedes Sugar 734s Sept 1 '39-Champion Pap Corp 6s 45..F&A Champion Paper & Fibre Co— 434s s f deb 1950 M&S Chateaugay Ore & Iron— Guar gold 4s 1942—.....J&J Chic Pneumatic Tool Co— Deb s f 534s 1942———A&O Chicago Stk Yards 5s 1961.A&O Childs Co deb 5s 1943 A&O Chilean Nitrate inc 5s 1968—J&D / 87 n 10134 93 83 71 1942 Comm'l Disc t (L A) 6s f 1950—F&A f 82 68 Consolidated Laundries— 100 Extended 6348 1941 A&O 10334 Consol Oil s f deb 334s 1951-J&D 88 t Consol Paper Corp 634s 1961f 62 534s ex-stock 1961----—_ _ Consol Textile 1st 8s 1941—J&D f 33 Consolidation Coal Co— 67 Sinking fund 5s I960-.—..J&J f 48 5a 1950 Consumers Co 1st 6s 1946— -J&J f 49 10534 Container Corp 1st 6s 40-J&D15 10134 Deb 5s 1943 with warr..J&D Bond Corp 2-5s '53. Corp 3-6s '53 Cont'l Invest Deb Steel Fdy—f 6s 1940 J&D 99 16 Basis. 103 i0234 92 / / / / 97 95 28 27 87 10034 31 30 8834 102 5534 40 / / 3934 88" 9834 102 11034 100 Dow Chem Co deb 3s 1951— J&D 7334 102 102 101 10534 86 Driver Harris Co— 101H 102 104 r 69 71 62 1st mtge sink fund 6s 1942. J&D Dufferin Paving & Stone— Debenture 5s series A 1955 64 Debenture 5s series B 1955- 118 9834 8 70 Durham Duplex Razor 6s 1955 Eastern Car Co Ltd 6s 1952.J&J 103 3934 Eastern Cuba Sug 73*s '37.M&S / Eastern Dairies 6s May 1 1949 101 834 Temple Corp 6s (w s) Eaton Paper 1st 534s 1943.M&N Elec Auto-Lite deb 4s 1952-F&A Elk Horn Coal 1st 634s I931.J&D 7% notes 1931 J&D Coll s f 4s 1956 J&D Empire Oil & Refg Co 1st & coll tr 53*s 1942 A&O Empire Properties Corp 2-3s 1945 Empire Sheet & Tin Plate— V; 55 97 106 6 124 65 1034 / 70 109 51 90 101H 95 8434 73 90 48 J&J 10334 , 28 / 7534 European Mtge & Invest— 1st lien 734s 1966 ser B—F&A 734s income 1966 1st lien 7s 1967 ser O M&S 7s income 1967 Everlastik Inc 1st 7s 1937-M&N / / 7634 35 30 F&A 1954 92 10234 10234 J&J 4% notes 1942 Ernesto Breda 7s 64 89 Corp^~ 1952- Erie Elec Motors 5s 1941— 107 13 62 9034 Emporium CapweU 1st 4s 5234 11 6s 1943 84 28 70 106 Eastern Mfg 7s ser A 1938--J&D /104 East 32" 35 32*" 30 70 Fairbanks Morse & Co— 20-year 4s s f deb 1956 108 10134 103 J&D 104 Famous Players Canadian— 1st & coll 3s 1937-1939. --J&D 100H 99 1st & coll 334s 1940-1942-J&D 1st & coll 434s 1951 J&D 100 97 10 Mfg Co 334s 1953—M&S 30 Inst 7s '63A&0 45 Federal Screw Wks conv 6 34s '39_ Federal Sugar Ref 6s ctf '33 M&N / .... Fiat sf deb 7s 1946J&J 95* Filtrol Co of Calif 5s 1946— J&D 105 Finland Residential Mtge Bank 85,: 10134 s f 6s stamped 1961 112 M&S 105 97 34 Firestone Cotton Mills 5s '48M&S 99 % Firestone Tire & Rub of Calif10434 Sf 5s 1942 M&S 100 Farmers 98 12 Farmers Nat Mtge v 10234 i w 10534 10434 First Bohemian Glass Works— J&J 94 1946-A&O 64 1st secured 7s 1957 100 Flour Mills of America Inc— Conv g 6h% notes 67 6734 10334 Follansbee Bros 5s 1947 J&D Forest Lawn lsts f 6s 1949-.J&D 101 iSI* 98" Framerican Ind & Dev Corp— Deb 734s 1942 J&J 109 110 K Francisco Sugar 6s 1956 M&N Franklin Coal Co 7s ws 1949-J&J 45 98 84 6534 104 Fraser Co 6s Jan 1 1950 French 100 Nat Mail SS Lines 6s *52 102 Frick-Reid Supply 6s 1943.-J&D Fruehauf Trailer deb 434s'47A&0 10354 10334 Gair 89 63 35 (Robt) income notes 6s 1972 Gelsenkirchen Mining Co— 6-yr 6% notes 1934 M&S 6s 1937 6s 1940 Transport 3s 1940-J&J 3% notes 1941-1942 J&J 6754 Gen Amer 53 General Bronze deb 6s '40--M&N 95 ' 90 . 82 67 60 100 10134 93 91 106 General Cable Corp— 10134 106 f 534s 1947 ser A-J&J 3534 Gen Elec (Germany) 7s '45-J&J 15 / f 3534 Deb 63*s 1940 J&D Deb s f 6s 1948 M&N / 3534 Gen Finance conv deb 5s '46-F&A e 76 43 67 10234 10234 Deb 43*s ser A 1951—M&N Dominion Textile 434s '55 M&S Donnacona Pap 4-4 34s *56—F&A 62" 46" Continental Roll & at 103. 65 _ 10634 City Ice (Kansas) 6s 1940—A&O 41 Clearfield Bit Coal 4s 1940--J&J 9734 Cieve-^Cliffs Iron 434s 1950.M&N 10634 Cleve Tractor conv 5s 1945.M&N 101 Collateral Bankers Inc— 7s series A & B I960-——-Q-F 97 7s series O 1959 Q-M 97 7s series D 1956 Q-J 97 6s series AA 1953....—--Q-F 91 6s series AB 1948——...Q-M 91 6s series AO 1952 -Q-J 91 Colo Fuel & Iron s f 5s 1943-F&A / 10434 Income 5s 1970 / 8334 Colo Indus 1st 5s A & B 1934 F&A / 110 Commerc'l Credit 334® 1951 A&O 97 Consol Cement Corp— Cum inc 6s 1950—------F&A J&D Dominion Tar & Chemical Co— 10434 ; _ Ry Term & Cold Storage 634s 1952 1st 8s 1941..M&N 1944 Farm Ln s f 6r Oct 1 &O155'60 A f 38 Dickey (W S) Clay Mfg Co— Non-cum inc 5s 'W-S) 1949 / 150 Non-cum inc 5s (ex-stk) 1949-- / 87 Dold (Jac) Pack 1st 6s '42.M&N 9734 Dom Coal 1st s f 5s 1940 10134 M&N Cum inc deb 6s 1955 M&S /104 34 Dominion Steel & Coal 6 34s 1955 10934 _ Central Steel Tobacco 5s Deutsche Rentenbank— ........ 15-yr deb 5s with warr '50M&N 10034 Carthage Marble 634s 1942 / 6 Cassco Corp inc 6s 1949 M&S / 50 , Celotex Corp— /.-/ Debenture 434s w w 1947-F&A 9634 Central Foundry Co— 1st mtge 6s 1941 —M&S k 160 Gen mtge 5s 1941 M&S 10134 s Cudahy Packing 354s A '55.M&S Conv s f deb 4s 1950 M&S Dairyland Inc lsts f 5s 1946.M&S Davidson Chem 634s 1937--A&O De Bardeleben Coal Corp— 1st mtge 6s 1953 J&D Certificates of deposit Deep Rock Oil 7s 1937 M&S Detroit Times deb 6s to '43.M&S Deutsche Bank (Berlin)— 6% notes (Am part ctfs)—M&S Stamped (Mar '33 coup on) '35 6s extended 1938M&S 62 '39--A&O t Called Aug. 10 at 103. t Called Sept. 1 Nominal, x Called Sept. 1 at 10234. Called Aug. 15 at 105. 10434. 95 Crucible Steel Co deb 5s *40.M&N , 1st M conv s 5734 93 10634 103 34 f 2334 Camaguey Sugar 7s ctfs 1942 100 Campbell River Timb 6s '41-J&J 4534 Canada Biscuit 634s 1946—M&N f 108 Canada Bread 6s 1941 F&A Can Cement 1st 4 34 s serA'51 M&N * *0334 10534 Canada SS L deb 5s '43—F&A15 60 1st & gen M 6s 1941 ser A.A&O / 1st & gen 5s 1957 ,73 101 Canadian Bakeries 63*s '45.M&S 98 34 Canadian Canners Ltd 4s' 51 M&N Canadian Internat Paper— 1st M 6s 1949 J&J 10134 Canadian Nat Steamships— 25-yr guar 5s 1955— M& 117 34 Canadian Vickers 6s Aug 1 1947 97 34 Caribbean Sugar 7s stmp 1941—- / 634 Carriers & General Corp— Cont'l Invest 17 100 56 Crown Cork & Seal Co Inc— 104 9034 f extl 6s 1940 -J&J Burns Bros deb 5s A 1961—M&S Burns & Co Ltd 1st s f 5s 1958 J&J Income 5s 1958 J&J Bush Term 1st 4s 1952; A&O Cons g 5s Jan 1955 -J&J Bush Term Bids: 1st 5s '60—A&O 234s debentures 10134 99 104 s Certain-teed Prod Corp— Deb s f 534s 1948 68 /• 96 / 20 100 Budd (E G) Mfg 6s ext 1941 Burmeister & Wain (Copenhagen) Byers Machine 3-6s Ui>-. VT V-f 106 J&J Butterick Co 6% notes 95 105" f Nov 1 1950--M&N Crown Willamet Pap 6s '51--J&J M&N 1948 HI; , 15-yr 4s 1950——F&A f deb 334s Sinking fund deb 5s 1946-F&A Credit Service deb 6s w w '48-Q-F Crowley Milner & Co— Deb 534S 1946 M&N i Bryant Paper 6s A 1942 Cum inc 6% notes 60 105 6s s 102 34 J&D 9934 *39—A&O 99 Commercial Invest Trust Corp— 73 Debenture 334s 1951 J&J 10234 107 Commerz-und Privat-Bk Germ'y) 99 34 534 % notes'37(Am pt ctf)M&N / 56 Commonwealth Subsidiary Corp103 175 Deb g 534s 1948 ser A..M&S 175 Connor LumD & Land 6s *41 M&N / 81 95 168 Oonsol Biscuit 1st 534s B '46 M&S 95 168 1st 534s ser O 1946-.--—J&D 67 105 Beech Creek C & C 5s 15-yr Co Inc— 57 Ask > Creameries of America— ^ 1st s f 6s (Los Ang) Gen 55 M&N A&O M&S - 57" Bid 85 Copley Cement Mfg 6s *41--A&O CopJay Press 534s 1943 F&A }2i* Cosden Oil Corp 1st 6s 1938.M&N / 100 Gen lien 6s 1938 M&N / 66 Cosden Petroleum conv 5s '47 J&J 94 Oosgrove Meehan Coal 634s 1945- / 18 Crane Co 3Ks s f deb 1951-J&D 10134 Central _ Income 55 California Packing Corp— Cons deb 5s 1940-—---—-J&J 10334 —— Amer Ice Co deb 5s 1953 Amer 10034 107 Aggregates Corp— with war_F&A Amer Color type 85" 10134 Deb 6s '43 ser A Without warrants— New 3-6s 1943 Shoe 1st series B 85 Algoma Steel 1st 5s 1962--—. Allied Mtg inc coll 2-5s 1953—— Allied St's Corp deb 434s '50-A&O Debenture 434s 1951—, Alpine Montan Steel Corp— 1st s f 7s 1955 M&l Aluminum Co debs 5s 1952—M&S Aluminium Ltd s f deb 5s '48.J&J Brown 15-yr Albany Perf Wrapping Corp— 1st M coll tr 6s 1948 A&O / 6s assented w w 1948 f 6s 1955 ----------- f 7s 1950 Brown Co 1st 534s 1946 1st 53*s 1950 ser B 101 1955—J&J ; s 23 H 23 H 67 British Columbia Pulp & Paper— 1st 6s 1950 M&N — 105 97*" British Am Oil deb 4s 1945-M&S .... 136 2334 M&N F) 7s 1944 10734 105 Brandram-Henderson 6s *39 M&S 6s 1956 101 A&O ----A&O 6s 52.J&D Ex scrip With scrip Bowser (S 10034 Addressograph-Multigraph Corp 4-4 Ks 1938-1939 5-5 Ks 1940-1945 Advance bag & Paper '60.-J&J 9734 97 34 100 10134 10134 101 34 10634 13434 10434 10334 ...M&N Q-Feb Beth Steel Corp 434s to 1941 J&J 3 34s series E 1966 A&O Boston Wharf 1st 4s 1941 A&O 97 1955.A&0 1948-M&S Acadia Sugar Ref 434s Adams Exp coll tr g 4s Coll tr g 4s 1947.- Bonds Ask Bethlehem Steel Co— INDUSTRIAL AND MISCELLANEOUS BONDS Abbotts Dairies deb 6s Bid Bonds Ask Bid Bonds 101 1st mtge 8 Conv deb 5s ser B 1951...J&D / This price includes accrued interest, 100 e Called 10634 37 39 102 Aug. 1 at .//vv ' i,, 'X-y/A' AUG., 1937] INDUSTRIAL & MISCELLANEOUS BONDS ss 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 Ask Bonds 102M 103 Rings Co Refrig 6s 1942-— -A&O Kings port Press 6M« 1939—F&A 102 102M Bid Gen Motors Acceptance Cori 10-year deb 3s 1946 1 i 1 ) f 74 ) f 1 f 33 . 19M . 19 i' German Atlantic Cable 7s 1945 f German Bldg & L'd Bk 6 Ms 194 3/ Glen Alden Coal M s f 4s '65 M& 3 J 27 24 M 76M 87 3 651 30 26M 76M 101" 104 5s series B 30 104 M 100 M ) > 104 M 100 M 104 M I ) 1945-50 Gotham Silk Hosiery— 26 5/ 102 100M 95 M 3 1 2 Trunk §6M 103 21M 93 M )f 3/ 98 12 85 15 86M 97 M 98 ) 98 M ;5 r 98 1 98 M 1 98 M 1st & ref 5s 1974 Sec 99 M / 62 77 / 24 r ) f deb 5s 1951—— f 1946 101M 101 28 99 100 99 M Hearst Magazines— 6s 1938 99 25M 100M 97 H If / 3 s 96 M ) > 86 M r / / ) Hud Riv Day Line 6s 1939--M& if Hungarian Disc & Exch Bank— 35-yr s f 7s 1963 J& r / Hungarian-Italian Bank Ltd— Sinking fund 7 Ms 1963—A&1 / Hygrade Food Products Corp— Paper— 107 M 30 " Maple Leaf Milling—? ^ > f 2Ms to 1938, 5 Ms to 1949. J&D Marine Elev (Buff) 7s 1948-M&3 Marion Steam Saovel— 1st mtge s f 6s 1947 100M 100M m 74 75M 101M 100M 101M 99 M 98 % 103 M 1st M 6s 1945 with waiT—M&N conv 4 Ms 1947--M&S 5-yr 6% Monon Coal—See Chic Ind. & 104 M 1933 M&N M&N 5Ms series 16 1940—— Coll A 5s Coll B 5s 40 44 Call C 5s Coll D 5s IV4 15 21 27M 9§^ ser 1 1941 J&D ser 2 1946-- J&D ser 3 1951 J&D ser 4 1956 Kentucky Securities coll 5s 1940- 100" Secured 6s 1937. Deb 6Ms Jan. 1 1937 .—J&J b Basis. 30M \ 106 A 1941.M&N artic ctfs Jorp 2-5s 1953. 100M 4 interest, 100 M •n* 96 103M 102 M 43 k Last sale, n NnminTT" 39 11 42 97 M 22 m 58 96 89 90 M 94 33 98 63 % 103 ' 40 M ' s s f 6s 1941 ser f 4Ms 1960 4:0 M 99 M 99 X 92 M 59 90 M 99 A.M&S15 Pettibone w w ..J&D Mulliken— 1943 6% notes w w 1938 Phelps Dodge— 105 M 96 ..M&S M&S 14 M 5M 5M 22 117 85 1973.-J&J / 23 M Conv deb 6s 1949 M&S Phoenix Iron 1st s f 6s 104 1946-M&N Phoenix Silk Mills 7s 1943 / 18 Pickering Lumber 6s A '46- -M&N 1 32 M Pierce Butler & Pierce 6 Ms '42 Pillsbury Flour Mills 6s 1943 A&O 107 Pine Hill Collieries 1st 6s 1942 / 15 Pirelli Co of Italy con 7s '52 95 M&N 30 Pitts Coke & Ir conv 4 Ms*52 M&S 4 '49..J&J Pittsb Brewing 6s Feb Pittsburgh Coal Co— Sinking fund deb 6s 1949.F&A 99 M 109 M 107 Pittsburgh Coke & Iron Co— 102 35 M 55" 104< 46 1st mtge conv 4 Ms 1952..-M&S Pitts Steel s f 6s 1948.. JV—F&A Pocahontas Consol Collieries— 1st gold 5s 1957 op— J&J Poor & Co 8 f deb 4s 1946...A&O Port Arthur C *nal & Dock—See Portld Woolen Mills 6 Ms'41 M&N Porto Rican Amer Tobacco— Conv 6s 1942 J&J 100 103 X 103 100 M RK 98 74M f • V - *'V mmmm 50 78 _- , r, series 32 6s 1942. A&O Conv deb 3 Ms 1952 J&D Phila Brew 1st conv 6s 1944.M&S Phila & Read O & I 5s 101 ser 101M trnrn.mm 10 1st income 4-5s 1945 M&S / 115 Penn Mercantile Properties— Secured 5 Ms 194860 A&O / Secured s f 3-4s 48 1961 J&J / 6s 95M C 98 Nat'l Bakine Bs 100M - 30 5 Ms ww 1947 .A&O Oswego FallsCorp 4 Ms 1952-M&S Otis Steel s f 4 Ms A 1962-—J&J Oxford Malmi P*per 6s 1947-F&A Pacific Atlantic SS 2-5s *43-M&N Pac Coast Cement 6s A1942. J& D Pacific Coast Co 5s 1946 J&D Palmer Corp of La 1st 6s *48. J&D Pan Amer Petrol Co (of Calif)— 1st conv s f 6s 1940 J&D15 1st 102 13 M 16 104 105 M Pennsylvania-Dixie Cement Corp 81 68 6( 25 ' 93 42 14 103 M 103 M 103 M Oregon Pulp & Paper 6 Ms to Apr 30 '37. 6% to 1945—M&N Oreg Terminals 6Ms A 1942.M&N / 1st income 5s 1945 A&O f Orono Pulp & Paper 6s 1943-J&J / Osgood Co deb g 6s 1943 J&D / O'Sullivan Rubber— 1 st m 102 . 77 M 40 76 38 Pennsylvania Glass Sand Corp— 75 4 100 M f This Price Includes accrued 67M 67 M 67 M 75 A&O 99" 100M Aug 1 1953. Certificates of deposit Panhandle Eastern Pipe I4ne^"" 1st mtge & lien 4s 102M 1952...M&S Paramount Pictures Bs 28 1955 J&J Conv deb 3 Ms 1947 101 M&S Parmelee 90 M Transportation Co— S f conv deb 6s 1944 A&O Pea body Coal Co (Oonsol Co)— 1st s f 5s 1953 ser A 115 vM&N Pearl River Valley Lumber— Co. 90 102 100M Certificates of deposit 82 100 75" 100 93 M J&D lunising Paper 6s A&B '43-A&O Steamship Line— Kentucky Rock Asphalt— Keokee Cons Coke 96 105M lunson 78 78 38 154M 79 85 95 95 85 98 101 94 M 75 4 J&D ^ 104 % 109 H 104M 6s series 85" 1959-.*" " 97 M 104M m L y°. 38 6Ms 1937.. f > 97 M 20 4Mb 1948.J&J Northwestern Barb Wiro Co— 1st mtge s f 5Msw W1945.F&A 5 Ms without warr 1945 Oregon-Am, Lumber 95 104M M&S 95 5s 50 104M 108M 66M 1931 notes 75 104 f / 105 Miag Mill Mach'y 1st 7s 1956— 25 Mich Tann & Extract 6 99 Ms'38M&8 Middle States Petrol 6 86 Ms 1945— Miller & Hart Inc. deb 6s *43-J&J 55 Miller & Lux Inc 1st M 6s '45A&0 / 120 7% gold notes 1935 A&O / 114 linnesota & Ontario Paper Co— 1st 6s series A 1945 A&O 66M 1st 6s series B 1948— J&J 66 M 1st 6s series O 1950 M&N 107 M 94 Keystone Steel & Wire— 2% notes 1937-1938 A 3% notes 1939-1941 M&N 4% notes 1942-1945 —M&N 82 k 91 70M Jones & Laughlin Steel— 1st mtge 4 Ms ser A 1961—M&{ 5s s f deb 1951 M&N McKesson & Bobbins inc— 20-yr onv deb 5Ms 1950-M&N Mead (The) Corp— m 150M / J 81M Martin (Glenn L) conv 6s 1939— 185 Massey-Harris Co 5s 1947.-A&O 96M McCallum Hosiery 6 Ms '41 A&O fk 60 McCloud River Lumb 5s *48 J&J 99 M McColl Fron uac Oh 6s 1949.A&O 103 M McCord Rad & Mfg— Deb 6s 1943 with warr—F&A 92 Merchants Distilling Corp— 5% conv deb 1947 M&S Messenger Corp deb 4 Ms '51 J&J Metropolitan Ice 7s 1954 J&J Metropolitan Wat Sew & Dram— Board s f 5Ms 1950 A&O 105M Joseph & Feiss 5s 1943——M&f 96 90 22 1944.M&N 102 M A&O Mengel Co ■ / / 85 27 J&D 88 98 m 6s stamped 1942- 83 M ... !e" , I 122M 91 Conv s fos 1951 F&A Ohio Leather conv deb 5s '46-J&J Okonite Co 6s stmp 1942...J&D Old Ben Coal Corp 6s (w s) 1948 Inc deb 7 Ms (w s) 100M Karstadt (Rudolph) Inc— 1st 6s 1943 with Am shs_ _M&N / 82 128 McCrory Stores Corp— 102 M 102 Journal of Commerce 79 127 M 120 103 M 100 . 82 82 79 b 4.00 1st mtge 5s to 1948 M&N Debenture 6s 1943 M&N Northern Redwood Lumber— 6s 1937. j&D N'west Pub's Deb 100 79 98 M 53 M Nova Scotia S & O 5s 1959..J&J 6s perpetual stock J&J O'Gara Coal 5s '55 op aft'08 M&S Ohio Fin deb 6Ms ww 95 105 M 1st & ref s f 5s ser B 1947—J& Ref mtge 6s 1955 ser A—M& Internat Pow & Pap of Nfld— 111M 99 M 58 110 73 f 5s 1947 ser A..J& 96 Lloyd— 44M 95 Internat Mercantile Marine— ;; 1st M coll trust 6s 1941—A& 80 95 1944-J&J 119 94 4.50 4.65 4.75 50 20-yr s f 6s 1947. M&N New 6-4% 1947 M&N North Western Refrigerator Line Equip trust 4s ser I Jan 1 *38-*43 Northern Elec & Nor Pap Mills— 124M 4.60 b Deb 6Ms A with warr '40-M&8 1943 l.M&S Income 6 Ms 1953 M&S Nor Amer Refract 6Ms North German - 12 M 14M 12M 14M & 6Ms 43 80 81 / / >/ / Equip trust 4Ms Aug 1 *37-'46Equip trust 4Mb Nov 25 '37-*43 Equipt tr 4 Ms 1938-47 J&D15 Equip trust 5 Ms Sept 1 '37-'44_ North Amer Cement Corp— 54 1 Internet Agricultural Corp— 1st & coll tr 8 f 5s 1942-—M International Match Corp— Deb s f 5s 1947 —-M 6s stamped 1946 Partic deb 2d mtge 7s 1946 J&D N Y World's Fair 1939— Deb 4s 1941 J&J North Amer Car— __ 7s without warrants 1941-M&N Mfrs Tr Co ctfs of partic in A I 30 \'-W 85 82 M 87 J&D Manhattan Refrig 5Mis 1941-J&J Mansfield Min & Smelting— 79 78 M Interlake Iron Corp— Conv deb s f 4s 1947—— £ f 6s 1946 Nor western Term Co 5s '48. 103 45 % 74 85 107 if 27 100 105M Norwegian Hy-Elec Nitrog OorpRef & imp 5Ms *57 ser A.M&N 35 r 26 99 M Trap Rock Corp— s 75 r 1st 6 Ms 1939 Illinois Steel deb 4Mb 1940. '"58, N Y L E & W D & I 1st 6s '13 Extended at 5% to 1943...J&J Shipbuilding 1st 5s Nov 1'46 New York F&A 30 1 56 58M 105M -—A&O F&A Namm & Son 6s 1943 73 66 48 5M% 1942 97 M 102 M 45 M 53 77 40 deposit 70 1/54 r of 94 M 25 96M 43 106M ...... 68 91M 93 )/ 48 131 125 98 122 13034 E&A CeitifieatPs of deposit 1st sf 4s 1957 76" >/ Home Serv(LosAng)6 Ms '42 Home ServtPortl, Ore)7s *41 Houston Oil Co of Texas— 40 f M&N Ev'g Journal 6Ms '37.-J&D 1st M «• 106 40 f 110M 7s 1944.-A&O 1943 F&A f .68 74 ) s 94 M Loiillard (P) Co g 7s 1944..A&0 5s. 1951-—F&A Lukens Steel 5s extend 1955 M&N Manati Sugar 1st- 7M» '42—A&O 81 Hines Land & T 1st & ref g 6s series C 1946 Hightstown Rui International 6s series B < --- 98 60 54 53 M 52M --A&O Liquid Carbonic conv 4s '47_ J&D Loew's Inc debs f 3Ms 1946-F&A Logan County Coal 7s 1942-M&N Long Bell Lumb 6s sei A'42.J&J Hawley Pulp & Paper Co— 1st 6s 95M Lion Oil 4 Ms 1952 .... 100M Haytian Corp income 8s 1938 95 M 92 M ——F&A Gold bonds 5s 1951 Harris-Seybold-Potter— s 106"" 90 Lindsay Nunn Pub 6s 1944—M&S for Am shs... 101M 6%_gold notes 1938---J&J Liggett & Myers Harpen Mining Corp— Conv 100 74 103 95 J&D N Y 35'" 34M Leipzig Trade Fair 7s 1953-M&N / 23 Libby McNeil &Libb 5s '42.A&0 105M 96M Llnes. 4iM • 41 . Leonard Tietz—See Tietz 97 M )/ warr 40M ' J&D 1st & ref 5s 1944 F&A 1st & ref 5s 1954 -F&A 1st & ref 5s 1964-----—-F&A 101M 6s with 102 M , (F W) Printing Co— Steamship 101M 102 «• Corp— Certificates N Y " 103M NYLE& WC&RR— 102 38 46 - Ist Ss ext Deb g 5 Ms 1942.------A&O Layne & Bowler 3-6 Ms 1947—— Lehigh C & Nav fund 4s '48 J&J Cons s f g 4Ms 1954—.---J&J Cons s f 4Ms 1954 ser G—J&J Lehigh Valley Coal— 1-: 96 ' Great Lakes Paper Co Ltd- Hansa mtge income 1975 1956 55 52 34 104M 100 M New Ni(|u<*ro Sugar 3 M* 1937 N Y Dock Co—1st g 4s '51 F&A Serial 5% notes 1938 A&O _ : 23 ./ v 83 32 Lawrence Portland Cement Co— Ry Term > 101H . / 106 101 Laundry 6s 1936.." 4-5s 101 82 M Certificates of deposit——— 1st ' ) Hall 123 133 6 Ms Feb 1 1047 1st 5Ms 1961 Debenture 5s 1961 105M 1st coll mtge *t 4s June 1 1965 Nat Union Mtge 3 6s ser A 1954; 2-5$ series B 19.>4 New England 100 1st conv 6s 1954 with war—J&J 99 National Steel 29 46 Lautaro Nitrate Co—- 100 85 1952 Radiator 6Ms 19-17 Certificates of deposit.. 5s 1946— 108 warr_M&N Langendorf Un Bak 6 Ms *41 M&N if 198 Grand 28 M Ask 5Ms A 1946.M&N Nat . " 98 M : 105 101 1950--M&S conv A&O Nat Lumber & Creosotlng 5Ms. Nat Oil Prod deb 4s 103 104 M 99 H S f deb 6s 1940 with ) 26" 101 Kresge Foundation—10-year coll tr 4s 1945 l&J 3 Mc coll trust notes 1947_F& A Kreuger & Toll— 5s uniform ctfs of dep 1959— Lake Superior Corporation— 1st & coll tr gold 5s 1944—J&D Lane Bryant Inc— 104 M ; t 1st M Cum conv inc 6s 1952—.M&N / Nat Food Products 6s '44 M&N f Coll conv 6s w s ser A *44 M&N / Nat Gvpsum s f 6s 1943. 98 24 Bid P<\>Juii?2f 10-yr deb 4 Ms May 1 National Fire Proofing Co— ' La France Textile 1st 6s '42.J&D Lake Erie Bolt & Nut— / 5-6s April 1 1946------—J&J Lake St John Po & Pr 6 Ms 1942.. C 70 Good Hope St & Ir Wks (Gi Oct 15 1945—/ Goodrich (B F) Deb g 6 194 1st mtge 4Kb 1956 Goodyear Tire & Rubber— 1st mtge coll tr 5s 1957Gordon Baking Co (Mich)- 101 98 Koh dyt Corp 6M® 1943_»-,-M&8 Koppers Co— 1; 1st M & co 1 4s 1951 M&N Lackawanna Steel 0s S f g 7s 100' 65 , Gobel (Adolf) Inc— J ' Lumber 6s 1938- —-J&J16 New 1st 4s 1947--—-J&J16 Bonds National Distillers 99M Rirby 34 . 15M •I Ask 60 96 99 Kingston Elevator 1st 6s 50 M&N Kinney (G R) ext 5M« 1941-J&D 79 70 76M J Bid 55 82 ^ Quototl^Vor a?l^ecii"(»aare'^n^"^rpo®8',t>'*Cf*rttbe*c*08inglday of the^wth p°e«KUn^ the dat^ of Lwue 74 43 46 43 46 Potrero outhern 1st gtd , 70 - „ Sugar— & Utilconv 6s southwest —- Dairy So western Devel't 104 10254 Standard Ice j! "1»1 Stand 4s 1952 f 654s '45 J&J Richmond Hos Mills 7s '38—F&A / Richmond (Va) Ice 6bs *42. A&O / Rima Steel Corp 1st s f 7s '55 F&A f Rlordon Pulp & Paper Ltd— 1st 6s June 30 1942 J&D30 River Raisin Pap 1st 6s '45--F&A Roberts & Oake (Chi) 6s '44.M&N Roch & Pitts O & I 5s *46—-M&N 1940 A&O Certificates of deposit 7s unstamped 1946 2d stamped 1946 _ East Tenn 25 Term Saltex 1354 8254 104 Saratoga Victory Mills— 6 Mb 1943 J&J Saxon Pub Wks (Germany)-1st extl s f 7s 1945 F&A / Gen & ref 654s 1951 M&N / 9054 / 6^4s 1946 ser B--A&0 Stampe „ 6s *45—M&S / / 110 Paper deb 3 Mb 1952--M&S 106 Scovill Mfg Co 554s 1945-..J&J 10254 Scripps (E W) deb 5hs 1943 F&A 93 Scullin Steel 1st 6s stmpd '41 A&O / 100 Securities Accept Corp 5s *46 J&D Seneca Copper 7s 1933 J&J / 15 107 Servel Corp 5s 1948 —-J&J Scott Sharon Steel Corp— 4Mb conv deb 1951 M&S 10654 1951—M&S 9954 Shell Union Oil Corp— 15-year 3 Mb debs Sheridan-Wyoming Coal Co— 66 1st s f 6s 1947 J&J 9854 Siemens & Halske 10-yr 7s '35 J&J / Deb g s f 6 Mb '51 with war M&S / 6254 /345 Deb 68 2930 98 7s 1940 106 •101 1951 Socony-Vacuum Oil— Deb 354 s 1950 South Coast Gen mtge • A&O Corp— Called Aug. 25 at 104. k Last sale 70 , „ + 10554 -20" —- M&S J&D I19 Temple Corp 5s 1951—J&J 106 K 99 97 12i54 1950- 63" United 107 75 Ltd inc 5s 1953F&A Industrial 1st 6s 1945. J&D a 97 lSoji 29 57 M y; .... V U S Cold Storage U S Finishing 5s 10554 1944 U S Pipe & Foundry Co— Conv deb 3 Mb 1946 J&J M&N Litho 6s 1950.-A&O 6hsww 1944 Woodward Iron 5s 1st Hen 6s 1937 1st lien 5s 1962 2d conv income F&A J&J 5s 1962.— / 130 103 120 Woodward & Tiernan Print— 6s 1942 J&J York Ice Mach 6s 1947—---A&O Debenture 6s 1943——.J&D Youngstown Sheet & Tube—1st M s f 4s ser C 1961 M&N Conv deb 3Ma 1951 F&A N Y Stock ♦ Exch—1,375 $93,000 12254 11054 12,000 450 N Y 344 141 5.200 9,000 3.550 19 810 Exch— Cof & Sug Ex. 92 94 88 9654 91 Kan City (BdofTr) Los Ang Stock Exch Milw Grain & Stk. 213 83 186 125 Comm. Minn-St P Stk Ex. Montreal Stock Ex_ New Orl Cotton Ex New Orl Stock Ex. Phila Stock Exch.. Pittsb Stock Exch. St Louis Exchange. Salt Lake Stock Ex. San Fran Stock Ex. San Fran Curb Ex. Seattle Stock Exch \ Seattle Curb & M_J Toronto Stock Exch 523 18 2,450 1,250 46,000 ;K70 ; 109" 80 97 f. 2754 91 95 35 35 97 79 §5" 13 1054 14 12 10054 100 101 100 / 99 10354 No. Last Sab 36 7854 / 94 EXCHANGE SEATS 99 / j 95 .-..J&D 1952—---J&J / 150 550 Exch 70 Baltimore Stk Exch 139 Boston Stock Exch. Chicago Bd of Tr.. 1,549 Chicago Stock Exch 405 50 Cincinnati Stk Ex— 41 Cleveland Stk Exch 68 Detroit Stock Exch 67 Ft Worth Gr & Cot 107 (Kan City)— 1st sink fund 6s ser A 1946.F&A 1st sink fund ser B 1949—F&A 103 82 37 Gtd coll U S Cold Storage(dhg)0s'45.J&J 10454 48 Inc 6s 1944-(Alan) Ir & St 6s 1944.A&0 Woodland Farm Dairy— ;90" 65" Corp-— 1940 M&N / / trust 6Ma 1942..J&J 10054 57M 49 49 ;;L ^ 11054 Coll trust 6 Mb ,9454 75*r Wither bee Sherman 42" 10454 11854 Deb 654s 1941 United Merch & Mfrs United Securities 6s N Y Cotton M&N 6s 1945 J&D Ltd 5 Mb 1952 100 101 90 15 Wood 33 5s 1952 United Elec Coal Cos inc 7s 1946 United Drugs 5s 1953 M&S15 United Grain Growers Ltd— 5s series A 1948-—J&J 5 Mb series B 1949 M&N 395 "M 94M M&S Coke 1st 6s *50. J&J West Chain Stores 6s ww'39 M&N Western Fuel Corp 7-4s '50.M&N Western Newspaper Union— Conv deb 6s 1944 F&A Western Steel Prod 6s A '48.M&N 1st s f 6s series B 1948-—M&N 10354 103 _ United Corps 100 1940--J&J 1947-.A&O Disinfecting 6s West Indies Sugar ^ I68 66 9954 5s 1955 10254 Union Oil Co of California— 6s May 1 1942 ser A 95 F&A 103 15-yr 8Mb deb 1952 J&J Union Rock 1st 6s s f 1947. _M&S 18 Union Term Coal Stor 6s '39-F&A United Amusement Corp— 1st s f 5s ser A1956 F&A 10654 United Biscuit deb 5s '50 A&O 9954 United Cigar-Whelan Stores— 6854 55 57 104 _ Coal & RR Conv 6s 4th stamp ilH Weyenberg Shoe Mfg— < Debenture 4Mb 1945-....J&D Wheeling Steel Corp— 10054 1st M s f 454s ser A 1966--F&A 111 Whitaker Paper 7s 1942 M&N White Sewing Machine— 102J4 21 Deb 6s 1940 M&N is'Whittal (M J) Assoc Ltd 5s 1937106 54 Wickw Spencer Steel 7s '35--J&J /:37*g Certificates of deposit — Wickwire Spencer Steel Co— Pr lien & coll 7s Jan 1935-M&N f 3754 Certificates of deposit-.---Sec conv 7Ma 1935 M&S / 104 87 Wilcox Oil & Gas 6s 1945 J&J f 107 Willys-Overland 1st 6H8 '33 M&S 10254 Wilson & Co 4s ser A 1955—J&J 101 Conv debs 3J4s 1947—A&O Winslow Bros & Smith— 103 12354 5^8 1943 M&S 75 Wise Lime & Cement 6s '38. A&O 354 ■ Copper & Chemical— U S Print & noiioH » 107 warrants Unified Deben Corp 108 - 22 12254 93 26" 130 95 N Y Curb Minn Ch of 1/80 500 70 200 115 46 1.200 4.300 4,800 4,000 4,250 2.000 3.250 5,000 8.0O0 300 6,250 14.000 1,410 175 1,000 125 2.750 2,000 2.000 48 500 69 42 113 350 38,000 8,000 300 80.000 72 Washington Stk Ex I Wheeling Stk Ex. 40 13 Winnipeg Gr Exch. 463 500 400 11.000 8,100 8~,666 80 / 78 inc 6s April 1950 lied Interest, 10354 J&D 99 94 U S Bond & Mtge 9354 10054 J&J Skelly Oil deb 4s 1951 J&J Smith (Howard) Paper Mills Ltd 1st 4 Mb 105 1932-1942.M&5- 10154 llH 97 Simpsons Ltd— 1st & eofl 4Mb A 1951 Smith (L C) & Corona Typewr'rs Deb 2% to 454 % '37 to '46-J&J Smith & Wesson 5 Ma 1938 1949-A&O 102 54 104 54 1944 ser B—M&S Tenn Corp deb 6s ser O '44—M&S / 85*"" l'enn Prod 1st s f 654s '36—J&J 35 Term Warehouse 2d 5s '42--J&J 10454 Texas Corp deb 3 Mb 1951-J&D / 1 ZA i exas Sugar Ref 1st 6s '44..F&A 83 88 Thermoid Co 5s w w 1951—J&D 65" Three Rivers Grain & Elevator— 95 1st s f 5Mb,ser A 1951 M&S QQ Hconderoga Pulp & Paper 6s '40 92 10054 Tide Water Assoc Oil 35$ s '52J&J / 2654 Tietz (Leonard) 7 Mb x-w '46. J&J 27 Tilden Lumb & Mills 654s'46M&S J;Ai\ »•••• 26 Tokheim Oil Tank & Pump— 142 21 4 Mb conv deb 1947 F&A Tomahawk Kraft Paper— 27 80 1st 58 (with stk) 1951 A&O 2854 f 35 Trask Timber 1st 3s 1944— .J&D 87 34" Turner Glass Co 1st 6s 1939. J&D 8254 Ulen & Co— 5254 - Signal Oil & Gas— Conv 6 Ms A 1945 M&N Silesian-Am Corp 7s 1941 F&A Silverw'd Dairies 5s *41 to '51 J&J Simmons Co Conv deb 4s'52A&0 10154 z Conv deb 6s 11154 M&S W Va Coal & . 25 24 27 20 25 26 2854 2854 81 6% notes 1937 J&J f Sayre & Fisher Brick 6s 1947-J&J Schulco Co 654s 1946 J&J / / Stamped (July 1933 coup on^ / Guar s r Schulze Baking 1st .. 60 95 M&S 1937 Wayne Coal Co 6s 56" Name changed to 9854 1 71 F&A F&A 1944 J&D 2554 Taylor-Warton Iron & Steel— f Coll inc 7 Mb July 1 1958 2554 Temple Anth Coal 654s '44.M&S ; 2654 1958 J&J / 25 10254 10354 Safeway Stores 4s s f deb *47-J&D 105 St Clair Furnace 1st 5s '39-. F&A 100 St Joseph Stock Yds 5s '40-. F&A St Louis Gas & Coke Cons¬ • West with warrants 1956 Without 3154 V 89 M M&S f deb 6s 1941 Webster C&O 1st g 5s '42 op Taggart Bros Co 6s Ruhr Housing 654 s 1947— J&D P 5s '55 stpd J& J Yds 5s 1946-A&O Looms Inc 6s 1954 A&O / s 59 f 53 Jink.fund deb 5s 1938 10 96 M 5M% notes 1937 M&S D) Co 6s 1945—-.F&A 1st mtge sf454s 1952 M&N Conv deb 4 Ma 1952—-M&N 4554 i■ : 15 1950.M&N Symington-Gould Corp and Gould Coupler Corp 1st M conv inc 34 106 Warren (S 45 Swift & Co— 1st s f 3 Ms May 90 ist M s f 6s 49 61 Superior Steel Corp 6s 1938-J&D Susquehanna Silk Mills— 60~ St L Rky Mt & St Paul Un Stk f f Studebaker Corp 6s 1945 J&J / stutz Motor Oar 7 Ma 1937-A&0 6s Warner-Quinlan Co— Conv deb 6s 1939 Warner Sugar Corp 7s 1939 99 Oonv M&N 1st M serial 106 Warren Bros Co— 7s unstamped 1936 2d stamped 1940 1102" f 92 72 Strawbridge & Clothier-^ 1st s f 5s 1948 M&S Struthers Wells Titusville— f 5 54s w w 51 (Hiram)-G & W— 20-yr 1st mtge 4s 1955 A&O Warner Bros Pict 6s 1939—M&S Warner Co 1st 6s 1944 A&O m mm — 95 Certificates of deposit-----. 7254 31 ' 85 44 Coke 5s '49.M&S 4^s 1945 J&D Waltham W'tch & Cl'k 6s '43 J&D Walworth Co 6s s f deb 1955. A&O 110 (Hugo) Industries— 7-48 Stamped 1936 A&O 6 Ma 1943 1st mtge s 1940 Deb 3454 3354 40 f Walker 90 06 f Va Iron Coal & 98 99 e Stinnes 10454 / J&J 7-48 Stamped 1946- A&O V165 Deb 4s 1945 with warr 96 F&A J+I Oriente— 1st 7s 1942 ctfs of dep Sugar Pine Lumber Co— Rocky Mtn Fuel 5s 1943 A&O 10254 Rolland Pap 1st 554s A *48-- J&D Rolls Royce 7s Sept 1 1937 f J Stamped , f 12 TJnstftiiipQd Roman Catholic Church 654s 1946 / 2354 / 2254 Rom Cath Church Welfare 7s 1946 Rueping (F) Leather 6s Ruhr Chemical 6s 1948 r 1947—J&D 5^s A1943 Stinnes (Hugo) Corp— 2254 1 WA J&J F&A ' 1953--J&J 1955 Vicana Sugar Co 6s Victor Amer Fuel 6s Victor Fuel 1st- s f g 5s 22 94 Sugar Estates of 48 : 40 5654 / f 9754 1942 4654 9654 10354 10254 28 y s fv 43 9754 ; mo"—'J&J ^pvens & Worsted Mills— Thompson Pap 6s Stillwater a, Richm'd Cedar Wks 39 : 92 M Certificates of deposit 10554 1950SeC lDC 58 1950 A&° Brothers 6s i.' 6 / Stanley Co (Cam"de~n)'6s~40"J&D Stanley Cranddll 6s 1946-F&A Stanly-Rowl-Clark 6s 1946..F&A Stern §6" 10554 10454 1947—F&A Steel Co of Can 6s 12 11 J&J (N J) deb 3s '61 J&i> Textile Prod 6 Mb '42 M&S Ud 5s J&D K ^ J&D f 30M J&J 1 3054 United Wall Paper Fac Universal Sewer Pipe 6s 50 .... f ' Assented in California— Coll tr 6s 1944 ser A M&N f Certificates of deposit 1st 6a (Germany) 15-yrcolltr454s A ww *51 A&O 104 6s 1947. . 75 1938. J&J 44 Utilities Elkhorn Coal 6s 1948 T&J 91 Valvoline Oil 7s 1947 M&N Vanadium Corp of Amer— : 9454 Oonv deb 5s 1941. A&O 82 Van Dorn Iron Wks 7s June 1 1942 2354 Vertientes Sugar 1st 7s 1942.J&D / 47 45 4s746>&A itaiey (A E) 1st mtge 100 United Stockyards Corp— Springfield Ice 7s 1944 . Richfield Oil of 1942" 4s 107 M A_...J&J Corp 554s'43--J&D 1951 1951 654s series A 1947 10054 10054 &-c°ist 58 '48 j&j > Royal Dutch Co— M&N Conv Income 5s 1944 22 f Paper l td 5 54» 1947—M&N 9854 9654 Purity Bakeries 5s 1948 J&J Quiker city Cold Storage— 49 V; 61'-' 1st sf 5s 1953 M&N R&dio-Keuh-Orpbeum Corp— Part paid :tfa (for 6% deb and /no common stock) 65% paid. 1110*54 Debentur* gold 6s 1941--J&D / 10754 96 93 Cony sf deb 554 s 1947 Railway Express Agency Inc— 104 103 Serial 5s 1938 (s-a>—-M&F 109 106 Series 5s 1930-*49 M&* 44 if, Realty Bond & Mtge deb 3-6s '53 _ 23" f 20 Reliance Bronze & at eel 0* 1944Remington Rand Inc— 10754 10754 20-yr deb 4 w w 1950--M&.1 Republic Steel Corp— 17354 17154 Gen mtge conv 4 54s A '50-M&S 9654 Gen mtge 45isser B 1961.F&A 9754 Gen mtge 4 54s ser O 1956 M&N 11954 117 Purchase money 554r '54.M&N 11354 11254 Restigouche Paper Ltd 6s 1948— Revere Copper & Brass— 10454 1st mtge 4 54® s f 1956 J&J 10354 9554 94 Reynolds Met deb 3 54s '51—J&D 32 / 3054 Rheinelbe Union 7s 1946 J&J 3654 Rhine-Main-Danube 7s '50 M&S f 3254 10 J 6 y Rhode Island Ice 6s 1948—M&N / 12 5s with stock 1951 Richardson & Boynton Co Cum income 4s 1945 J&J / 18 T Prov U 8 Trucking 47 Products^ 654s w w 1938 92 6 54s series A 6 H 8 series O 1st 4s w s 1950-- 85 94 F&A f 5s 1946 United Steel Works A&O / 1st a f 4 Mb 1967 southern United Ice Co— s 1st & ref 5s 1947 ser 75 75 ^'^oid4*8 1940—J&D southern New England Ice— 9654 96 A&O 7s 1946 70 91 deb conv U S Rubber— A&O southern Ioe 1st & ref 8s '42 1938—F&A U S Radiator deb 5s J&D J&D 1946-F&A „ 6#s 1940 l8tr Ice . 6654 M&N f 5s *55 J&J Pressed Steel Car Co— Income deb 6s 1961 ■.--—J&J Produce Term & Cold Storage— 1st Income 6s 1958 J&D Protestant Church of Germany— s 101M •Southern Kraft Corp— 7s stamped 1947 . Pratt Cons Coal 1st s Oonv f 100M Brighton Mills— 7s 1940-. . sou .46 43 3-6s 1953 Ask Southern Advance Bag & Paper— 1st s f 6s 1947 J&D 46" 43 2-5s 1953— Potomca Cons Deb Corp 3-6s '53 _ Potomac Deb Corp 3-6s 1953 Potomac Franklin Deb 3-6s 1953. Potomac Md Deb Corp 3-6s 1953 Potomac Realty Atl Deb Corp— Potomac Bond Corp Bid Bonds Bid Bonds Ask Bid Bonds , MISCELLANEOUS BONDS INDUSTRIAL & 84 Mf* teat inn t Price of O^adlaa Jrta Wheeling Stock Exchange /saleTrlci Toalled Nov. b Basis., / This price include® ac ,80 seats. 70 members. memberships are fixed 1 at 103. \ Quotations for all securities are as near as Stocks Par Stocks Ask Bid Ask Northern Mills 47 84 60 * * Preferred Booth Mfg 64 62% 108 100 2 29 * King (J P) Mfg. .100 60 Gosnold M(NB)..* Preferred 100 Prior preferred : ',y Majestic Mfg Marion Mfg Co J* Mills ,23% Martel Mills ;C 102% 100 * Nashua M (N H) 100 Preferred.. 100 Neild Mills 100 Nonquitt M(NB).» Pacific Mills * Pepperell Mfg...100 Pierce Mfg.....100 Pilgrim Mills 100 Plymouth Cord. .100 95 108 Mooresville 18 23 Cotton 1934 Yarn Mills 5 Suissett Mills 100 ich Borden Mfg 100 Shops Common 1st preferred.. 100 2d preferred.. 100 Newberry C M..100 36 Orr Cot Mills ,78 86 7% 19, 74% 12 X m m 27 25 29 114 29% 116 * 102 115" 113 Perfection Spinning Mfg 20 I'oe (F W) Mig__100 Ranlo Mfg 30 26 89 96 2i Process 50 48 * 63 65 50 6# * common Spartan Mills Startex Mills 34 38 Wamsutta 14 15 Textiles Inc Alabama Mills * Amer Yarn & Proc__ 7% preferred.. .. 100 25 5 Beaumont Mfg 10 10% 70 82 100 68 23 7 % p eferred Bel ton Mills(SO)-25 . 56 102" 14 7% preferred Burlington Mills 88 98 6% 16% 55 61 * 46 48 Calhoun Mills Mills.... Chadwick-Hoskins 17% 12 99 102 85 89 Chiquola Mfg 20 6% preferred Clifton Mfg (SO) 100 Climax Spinning. .50 Columbus Mfg (Ga) Converse (D E)_100 Cowpens Mills Crescent Spinning.'_ Dallas Mfg (Ala) 100 Darl'gton Mfg(SO) 5 38 97 40 100 115 70 120 76 Preferred 49" 25 i 2% . _ .20 20 Dunean Mills 7% preferred Durham Hosiery 7% preferred Eagle & Phenix._100 Eagle "iarn Easley Cotton Mills 7% preferred 101 101 105 101 105 1937.. 60 Admiralty Alaska Gold Mining .1 25 Alaska 65 119 107 111 • 97 Flint Mfg Co— 7 % preferred 69 98 Ariz nays 1 \ ustin Silver Min. -1 Backbone Gold 1 97" 73 Bagdad 102 Hccrueft * With- out par lc 1 ^ Comstock dividend, value Mines. ' 55c 44% 46% . 1 1 Flat price. 7% y,": u - 4 Roan St n? 8% 90 29 .__* r 11% 106% 13% 100 5 12 7% 1 Air Devices Corp__l 2% Reduc'n com..* .71% Aonliance. . . . . Preferred 100 Alberene Stone of Va Vot trust ctfs.^ .5 Alberta-Pacific Giain class A 10% * Preferred.. .100 Algoma Steel com.* Preferred 100 Allegheny Steel * * Corp $3.50 ^referred.-* Industries... 1 Aiientown Portland Cement pref—10 Ohem Corp % 1 & Dyr * common Allied Kid Co 237 com .5 16% Hied Mdls In1' Allied ; -..i - Distilling Co Allied 1 24% 16% 3% : 6 ■ Proa cl a . Allied 6% 14 -2c Common 10 Stores Corp 5% preferred.. 100 * 17 2% 17% 7% "8" Aluminum Co 21% .,20% 77% Allis-Chalmers Mfg Common * com. 6% preferred..100 shares. M—.1 . Joseph Lead...10 1 Copper J Silver King Coal—5 So Am Gold & Plat.l 116% 16% 7% 62 Aluminum 115 % 17% Amal % Aluminum Ltd....* 6% preferred. .100 Leather. 1 123% 5% 4 % 18% 18% 4% Tonopah Belmont-1 k •k % % Tonopah Mining..1 Union Copper Land 35c & Mining 25 United Verde Ext50c >3% 180-c Utah Copper Co..10 2 Utah Metal & Tun.t Walker Mining 2% 1 White Knob Copper P Develop pref. 10 Wright Hargreaves Mines * 6% 3% Yukon Gold------5 5 45c 6% conv pref. .50 Amalg Sugar 1 5% preferred 10 Amerada Corp * Amer Agric Chem (Delaware) * Amer Air Lines... 10 40 American Arch 15 vL Silver-Lead .1 Sunshine Mining. 10c Teck-Hughes G M.l 146 Alum Goods Mfg. Indus..* 69 67% % 61% 17% 14% 3% 5 67% 23% Alpha Portl Cem._* Antelope Min * 42 pref 100 104 Am Bakeries Class A "2% 2% 3% 7% 93 92% 25% * Class B 4 * Am Bank Note 36 35 10 27% 6 % preferred... 50 Am Bemberg com.* 20 100 105 Preferred 60 Am Beverage Corp 6% 3% REAL ESTATE TR & LAND STOCKS 7% preferred 1% 3% 5 American book .lOu Amer Box Board.. 1 62 20 A.Brake Sh & FdyCommon * _ . . _ 10 y *, 5%% — 27 conv pf.lOo American Can 25 7% preferred. .100 175 58 a 57 Amer 25 a 30 a 7 17 150 65% 130 109% 156% Properties * Am Car & Fdy " 7% preferred--10< Amer Oarmel.-.lOP 10c 1% 1% 2 3% V: 4% % k Last >• a 1% uity IV ill Congress nw St ..v.™ Canadian Preferred Associa 6 '••"J4,' ~ 10' Amer Centrifugal.. 1 2 50% 79 10c •y 7 3% % sale! '■*{ 9 -A 30c 80 Allied Paper Mills.. 24 ,-ri Shoe com 1 deferred Ainsworth Mfg Air Associates 70c a U 8 28 25 Pocahontas ■ _ 2% 64% 1% 2% 25 V.:. 5c 3% 25c : * 33 a 57% 9%;, 25 21 Alliance Realty.. 5 Preferred 100 Allied brewing «.v a 22 :8 100 . Alles & Fisher 15 140 Preferred Agfa Ansco A gnew-Surpass— 15 62% 5 Copper Black Hawk Consol Purchaser al«« ii% % Lead ^meltiru.. 100 93 7% preferred .10 Zinc $5 prior conv pf 25 *(j preferred 25 AnacondaCopMin 50 Vndes Copper M.20 32 Florence Mills...... 8c Gold Mining Amer 63 Fairforest Finish Co Serial notes Juneau \ltar Cons Mines. 25 88 Erwin Cotton com 6% preferred - STOCKS 30 29 18 58 113 a 105 1930 82 Ex-dividend. 30" 28 . Brewery....1, Aetna Stand Engine* 85 Stand 105 Manufacturing a 63" 100 MARINE INSUR¬ ANCE SCRIP MINING 106% !: Shattuck Denn 104% r ; Aetna Allen 81 Seneca 105 Enterprise Mfg(Ga). Efird 86" 48"" 62 9 6 % preferred... 50 Aero Supply Mfg— Class A.. Class B. >.« Aetna Ball Bearing 1 3% 63% 1% , Mining. .2 5c Ltd Amer 100 Ltd com.* 2% 8 10 St Anth Gold 101 12 y I Par value $100. n Nominal" . 33 32 2% 80 * Pond Creek 19 101 33 1% 10% 15% 3% 5% 85 1935-.W—-— 10 30 3% 80% 105% Enterprise com..* Pioneer Gold Ltd-.l 108% 24 110 3% 4% 9 Atlantic Mutual— 53; 29 V X 1 Polaris 78 ..... Dixon Mills Drayton Mills. 5 3% ! Quincy Wabasso Cotton...1" 106" " Pacific Tin Mills Preferred 38c 35 19% 19% Premier Gold M— Penmans 19 22% Albany Packing. 100 Patino Mines & 85 si 48% .18% 22% _ 1 % 49% 34 * Park-Utah— 169 Cottons.. Preferred 100 75 102 76" 90 Preferred- 62% -82% 49%, ,54 % ; 80 , 50 Air 25c 5 74 142 Domin Text Ltd...* ;• vir-Way Electric 10 Old Dominion Co.25 Consol Mines Montreal .70 tigraph Corp... 10 Advance Rumely. * Aeolian Co— Vllendale Mines 70 138 100 5% 57% . Addressograph Mul- 13% 30 15 Converters. 100 76 .5% 56 25 1% 47% 100 100 13 Can Cottons Ltd 100 23 71 v- t c__20 1.18 * Nipissing Mines Cot Mills Canadian Can h 13 8% preferred China Grove Cot ' Woodside 1% 50% 25 19 1 Adams Express..,._* Adams Millis. * 61% 2 50 22 Lab'tories.* Abbotts' Dairy * Abercrombie & Fitch Steel-. 3* 49% Abbott 13% North Butte Mills Preferred 10 Co > 2 * 1.12 Rosario 90 Wiscassett Mills 100 1 Cannon Winget Yarn Mtge 6s 101 ■;:v 54 132% 3% 3% % 60% 1% IK 1 Noranda - 28 27% 125 N Y & Honduras 110 West Point Mfg. 100 24% 12% 4% 4 * Preferred 115 12 :>.• 24% 12% 1 New River Co 90 99 50 •>' 5: 97 ' 52 if 70 31 V.'; 32 30% .25 New Jersey Zinc..25 Newmont Mining. 10 33 49 7 % preferred Wellington Mills. _* Preferred.. i.^.. 84 . Bibb Mfg. .100 Brandon Corp A Class B 31 Wallace Mfg Co Ware Shoals Mfg 100 26 53 20"" 104 1941 81% V nxi I;;"' H% INDUSTRIAL AND MISCELLANEOUS v 14 t.13% 20 A B Stove Acme Wire 10c ' 101 _ 1st M 6s Jan 48 81 Mt City Copper National Tunnel 1.69 10 10 7% preferred. 100 Victory Yarn Mills - 64 64 Mills 1st 7% pref...100 2d 5% pref—100 47% * and Mines com..* 16 19% 11% * Mines 68 50 81 • 19% 11% Mother Load Coali'n 65 ; ; uM Trust & Class A Canada 20 , 1*15 Vicfor-Monag Co. 100 Preferred. 57 Common Cotton Mills Avondale Mills ;A>:- 8 115 Cotton Mills ■A,;-- 4 108 Spinning 18% 56 .10 com. Union-Buii'alo Abbeville OM(SO)10 124 — Class A pref Class B pref.. Southern Hills 40" 20 Sterling Spinning Sto < e Spinning 7 26" yy 10 70 Smelting._.._* 1 5% 2c (Bait) .5 Guar Acme Lucky Tiger Comb Gold Mining...10 Magma Copper ColO Mayflower-Old Colony Copper_25 Mclntyr e Por cupine5 Miami Copper 5 Mining Corp of 99 10f> Preferred * SouloMill (NB).100 M...100 --- 5: «% * com Southern Weaving.* Southern Worsted pi 60% %6 5 2% IX 1 7% preferred-.100 Abraham & Straus.* 9% Lava Cap Gold Mini Louisiana L'd & Ex 1 Southern Franklin 102 32 Kirkland LakeGold 1 Lake Sh Mines Ltd 1 17 103 100 Preferred--..* 7% preferred... 100 /•, * 6 Print Wks 9 100 30 Kennecott Copper.* Kildun Mining 1 24 22 101 .5 $6 preferred 135 V 22 Title $6 preferred 75 Abitibi Pow & Pap.* 6% pref 100 142 99 12%.... Isle Royale Cop. Jardine Mining 107 103 24% Island Creek Ooal.l 25 .100 20% 1% 28 132 Warrants - ... 22 125 ;,y.' Sibley Mfg (Ga).100 Smyre (A M) Mfg.. 7% preferred Southern Bleachery ' Saratoga Victory Arcade 90 25 Common - 103 100 6% preferred rS* 97 - ' Inspiration Cons Copper 20 Internatl Mining..1 16 10 50 1% of New York __1 k Illinois Zinc - 38 37 33 7% preferred Rhodiss Mills 7% pf Saxon Mills 27 - 36 Piedmont Rowan Cotton Mills 10 9% & ' 145 Casualty Common Howe Sound Co Hudson Bay Min 88 82 . ^tokens Cot Mills. Kiverdale Mills pref. Riverside & Dan Riv 15 47" common 92 98 2% 40c 1% _ >12 39% common. J* New Amsterdam 7c 2°1% 100 95 100 30c 11% 1% . 65 7% preferred.. 100 Pacolet Mfg 4 74 20c Greene-Cananea 100 Hecla Mining 25c Hollinger Mines...5 Homestake Mines 101 60 100 10% 81% > 65c Power " * . Lawyers Title & Guaranty 100 Maryland Cas Co. 1 Natl Surety Co. .10 Granby Cons M S & 80 35% Home Title Ins (NY) Lawyers' M Co 20 2 40* Goldfield Consol Mines 59 98 Norris Cot Mills Mfg Sanford Mills Anderson 53" 50 *3~~ 65 60c 9 27 2 94 Acme . 26 Powdrell Dartmouth Mills 104 Mat 32% Powdrell & Alexander common 99" 7% preferred 100 Preferred Nashawena M Mill pref.. 100 Monarch Mills..100 Musgrove Cotton 45 V-Woodb Mills (Baltimore) 3 Marlboro C Mills. .4 10 10% Smelting com.. 10 7% preferredlOO Golden Cycle Corpl 0 «- 85 80 75 - EmpireTitle &Gul00 Mortgage Guar. Federal Mining & ■ - 20c Eagle Pich Lead. .10 Evans Wall Lead--* 7 % preferred- .100 ■ 70 110 40 SB'S 1 Linford Mills 155* Bond & M Guar..20 Dome Mines Ltd..* 49 67 80 22 Kilburn M (N B).75 Luther Mfg 100 44" Bankers Bond & TITLE GUAR¬ ANTEE & SAFE DEPOSIT STKS. 80 Gold Min & M..1 Cusi Mexicana__50c 56 100 Limestone Cot Mills 9 • IV* 72 ._ Laurens C M 5 'L * 74% 4 1 Cornucopia Gold.5c Cresson Consolidated 103 103 75 100 15% % * 100 98 pflOO yy 33 • 93 610 20 15% 2% 74* 57* Copper Canyon. 10c Copper Range * 112 Factory Bldg Tr.100 Fifty Associates (B) Hotel Tr (Boston) 100 Kimball Bldg Tr 100 1% Como Mines 1 Consol Copper 5 Cons Min & Smelt .5 16 87 107 Mills Preferred B...100 79" 100 76 22 ; Draper Corp Farr Alpaca 75 Cotton Judson Mills A * 45 ,71 Preferred '.'■Vf-im*'*, Mills.. 100 Dexdale Hosiery— Preferred 100 Preferred 8.50 Mohawk Carpet..20 Inman 20 107 Charlton 35 Mills pref , Hathaway Mfg..100 100 ,12 ,70 Per share 5 3% 15% 2% l Cerro de Pasco * Chief Consol Min._l Chile Copper 25 Cliff Mining 25 99 90 Industrial 109 15 * x Cotton 95 7% preferred '. Highland Pk Mfg 20 6% preferred Imperial Yarn—... 98 20 Sagamore (F R) 114 109 Ask Bid Par 28% 7% 1% Zinc-Lead Calumet & Hecla_.5 Carnegie Metals... 1 Central Am Mines. 1 -- 6% preferred..... 98 94 100 Bourne Mills Co (F R) 'L Mills— Hanover 26 25 < Co 48" 12% Knlt.5 7% preferred 59 ■ Preferred 100 Border City Mfg 100 Boss Mfg com... 100 Saco Lowell Callahan 20 -44 Hanes (F H) Dredg C2% Butte Cop & Z Co J Butte & Sup 10 65" 62 170 . Gold ing, Ltd Bunker Hill Henrietta Mills Bigeiow-Sanford •'if Carpet common.* Mt —. Preferred..... .20 Hamrick Mills "'"i 94 unassented.* General Mills Stocks Ask 6 Sull'n M & ' Granteville Mfg. 1)0 Grendel Mills t 50 /:<>; 12 48 10 100 Spinning Co Mew preferred Pref 100 Hartsville Cot Mills. Preferred Berkshire Fine r 49 80 Algonquin Print. 100 American Mfg.. 100 5% Preferred-100 Amoskeag Mfg * Arlington Mills..100 Barnard Mfg 100 Beacon Mfg....100 140 Bulolo 45 Gossett 130 Bid Par Per share 11 40 Glenwood Mills.... STOCKS 10 Gainesville Cot Mills TEXTILE Stocks Per share 55 50 50 10 Gaffney Mfg Conv pref possible for the closing day of the month preceding the date of issue Bid Par Per share r Canadian price. , A;: v". t New stock. \ 'i; ■ INDUSTRIAL 86 Stocks * Ask Bid Par possible for the closing day of the Bid ar Stccfc, \rnold 125 141 New M7/s 106% 110 % Cigarette & Cigar Co 100 150 160 100 112 Amer Onicle * 7% Amer Preferred - - - 29 25% 16% Amer Coal (NJ)._25 Amer Oolortype_.10 Amer - W \lH * common 1 Hegeman 26% 24% 26% 6% 1st pref—100 93% 95 Am Cyanamid A_10 Class B 20 33" 33% 8% Ashland Oil & Ref. 1 Agj^c Brew (Can). * 8 ' Amer Distilling pf 10 Encaustic Tiling Co 18 100 Am Furniture 106 6 5% • 22 20 5 5% 88 86 68% 24% 57% __ 24 Amer Hard Rubb.50 8% preferred—100 Amer Hardware. .25 Am-Hawaiian 88.10 Am Hide & Leath..* 6% preferred 50 Amer Home Prod-.l Amer Hosiery 25 Amer Ice Co * 106 101 15 A7/* 44 43% 44% , 12 6% non-cumpflOO 24 Amer I G Chem A.* Amer Insulator * Preferred 50 Am Internat Corp.* 77 80 3% 5% 4% 14% 14% Amer-La France & Foamite Corp-— 8% 8 New common.. 10 11% Am Laund Mach.20 Amer Locomotive.* 27 28 7% preferred..100 Amer Mach & Fdy_* 108 100 Am Mach & Met..* Am Maize Prod * Amer Maracaibo 47% 109% 21% 9% 47% 20% 9 18 16 1% 50% 122% 43 % 1% 1 Amer Metal Co * 50 6% convpref..100 American Meter.._» 117 41 American News N Y Corp Amer 68 * : 10 6% preferred __50 Am Potash & Chem * Amer Radiator & Stand Sanitary * 7% cum pref 100 Am Republics comlO Amer Rolling Mill 25 4 % % conv pf 100 Am Safety Razor i "2% : 1% 16% 2% 50 47 22% .22% 153 157 15% 38% 101% 15% 38% 101% 29 29% 49% 8% 26 % 52 9% 27% Amer Ship Build.I* Am Smelt & 50 51 _ Refg..* 7% preferred..100 American Snuff..25 6% non-cumpflOO Am Steel F'dries * American Stores. * _ American Stove. 100 Amer Sugar Ref.100 7% preferred. .100 Am Sumatra Tob * Amer Thread pref. 5 Tobacco com 25 Common B 25 Am 6% preferred. .100 Transformer. 10 Am Type Found.. 10 7% preferred..100 . Am . Am Vitrified Prod.* Preferred * Amer Wind Glass- 130 56% 132% 57% 128 45% 44% 129% 22% ''■4 4% 82% .■ 84 137 7% Amer Wringer Amer Writing Papl* ._* .* com * 50 14 ^ $5 cum Autocar 71 •11% 4% prior A. _ _ Arcturus Rad Tube * Argo Oil io Armour & Co of Del 7% guar pref. .100 Armour & Co (111)— . Common 6 pref..* 7% preferred-.100 Armstrong Cork...* Rights Armstrong Rubb A* Arnold. Constable.5 n * 10 com.. 3% 51 Class A 7 7% 9% 25% 23 24" ' 9 14 12 10 85 Preferred 100 Babcock & Wilcox.* 128" 130 15 Baker Chemical.. * Balaban & Katz._25 110 108 6 5% 5% 21% 89% 5 _ 20% 86% 86% 1% 13% New common. 100 assented-. Warrants New warrants 90 ... V 14 Baldwin Rubber.__1 Bancroft (J) & Sons* :l-\ 5 55 Preferred 100 Bankers Industrial— Service cl A * Barber Co Inc 10 29 43% 86% 44% 24% Carey (Philip) * 6% preferred-.100 25 Carnation Steel com .1 Boston-Herald Traveler Corp—* Boston Woven Hose 6 Rubber com..* Preferred.-.100 Botany Bros 5%% pref 50 Barlow & Seelig cl A5 Barnsdall Oil 5 6% 25% % 10% 27% 23% 16 %« 8% 25% 22% 9% conv pref_.25 Bates Mfg Bath Iron Wks 40 25 Barnsdall Refining. 1 Bartgis Bros com._l 100 10 Bathurst Power & Paper A * 15% Bayuk Cigars * 7% 1st pref... 100 Beatrice Bearings Co (Am) ; ioo i% » $1% _ 38 16 22% 3 114% 13% 23% 16% 6% 11% 112 12% 22% 15% 6% * Belden Mfg com. 10 Bell Air craft...... 1 . Bellanca Aircraft. _1 Belmont Radio * & 45 14 Aircraft..._l Beech-Nut Pack. .20 RR v 21% 2% conv pref.20 _ 85 78 1st preferred 100 2d preferred..100 Beaunit Mills Inc. 10 _ 25% 7% 103% 2% 24% 6% ... w.* 115 111 Cream. .25 w 21% 15% 21 r 11 Stk Yds Common 50 Preferred 50 Bender Body com. .5 Bendix Aviation 5 55 8 7 21 20% Industrial * : Preferred * Beneficial Loan Soc * . 14 Benson & Hedges..* Conv pref ..* k Berghoff Brew 21% 51% - 21% 53% 14% • i 5 3% 18 10 9% 1 260 250 2 28 30% 11% 12% 16 7% 41% 18 V 7% 42% 120 118 :• 1% i% : - 6 ,6% 108% 108% 12 11% 90% 91 110 103 59 Preferred 50 Beth Steel (Del)...* 9 60 4% Bickfords Inc Preferred ' ~ 1st 3% ,'v 4 95 85 13% 13 36 34% 6% 5% : ^ , Birdsboro Steel Fdy & Mach Canadian price. x 25 5 com * • V..'2 13 Kx-divldend. Case (J I) Co 1 Corp.- Distillers5 S 2% ;;-• M • 4* 5H 32 B Brighton Mills pf 100 A..* Brill Corp class * Class B 7% preferred- .100 Brillo Mfg * Class A * Brinks, Inc 25 Bristol Brass 25 Bristol-Myers 5 Brit-Amer Oil Ltd— Coupon * Registered * Brit-Amer Tob reg£l Ordinary bearer £1 British Celanese Ltd Amer dep rets. 10s Brock way Motor— 5% preferred Par tic pref Celotex Co com (i 4 8% 7 9% 7% 4% 18% 17% 46% 4% 18 17 46 K 9* 11 11 • 4% 4% 59 IV 40% 31 30% ; 2 *»; 6 "M7 4 14 r 47 125 12% 10 Checker Cab Mfg.5 Cherry-Bur Corp..* Ohesebr'gh Mfg..25 News 16% 78 r. . 116 19% 103% * ..* Chicago Flex Shaft 5 Chic June Rys & Un Stk Yds 8tpd_.100 Preferred 100 Chic Mail Order. 185 \ 102 5 Chicago Nipple 5 * Chic Pneu Tool $3 conv pref * * 40 IV * 17 19 Prior Collender $5 preferred * Buckeye Pipe L..50 Buckeye Steel Cast * Bucyrus-Erie Co..5 7% cum pref.. 100 10 Chic Rivet & Mach .4 18% Chic Yellow Cab..* Ohickasha Cot O.10 79 81 Childs Co 49% 50 5 35 36% 17% 16% 105 Buda Co com...100 Budd (E G) Mfg..* 18 19 10% 7% preferred.. 100 84 10% 86% Budd Wheel * 7 % preferred- .100 Bullard Co * Bulova Watch * Burco Inc com * Conv preferred..* Warrants Burd Piston Ring. _l Burdines Inc * Preferred.. .* Burma Corp Ltd— Am dep receipts. _ Burns Bros com...* 9 8% 113 118 37 38 53% 3% 55 4 1 Burry Biscuit-12 %c com * 7% debenture. 100 Co 13 34 4% 2% 100 v 28% 4% 5% 4% 5% 18% 20 * 50 Byers (A M) com...* 7% part pref. .100 Byers Machine * Byllesby class A * 25% 29% 16 16% 32 32%. 1% 1% 6 5 21 20% 55% 68% 4 Cliffs Corp v t c.._* Cleve Worsted Mills Common ..* Climax Molyb¬ Clinchfleld Coal. 100 Preferred 100 Clorex Chemical * Club Aluminum * 2% 69 4 8% 33% 44% 107 25 -1% 25% 40% 17% 16% 18 11% 83% 6% 116% 18 10% 18% 84% "4% 8% 34% 45 98 2% 5% ~2% 7% 46 46% 11% 15% 8% 38% 13 10% ; y 11% 51% 53% 5% 4% 50 60 126% * 111 114 _* 158 159 Cluett Pea body * 7% preferred. 100 Coca-Cola Bottling . Coca-Cola Co Class A 15% 8% 39 46% 1% 28% 129% * * Preferred Byron Jackson • 16% 10% 17% 83% * of New York "3% 3 20 80 -j 117% 20% 104% Hobbing com Cleve Tractor ..» Clev Un Stk Yds..* denum Co 7% pref ctfs-_100 Butier Bros 10 5% conv pref..30 116 1 Clayton & Lambert * Cleveland Graphite Bronze com 1 Mach 5% ..10 Clark Controller...1 Clark Equip Co * Cleveland 4% 1% 81 100 Chrysler Corp.....5 Cin Un Stk Yds...* City Auto Stamp..* City Ice & Fuel * 6%% cum pf_.100 City Investing..100 City & Sub Homes 10 City Stores 5 Preferred 32 28 ..... Claude Neon Lt % 12% Bush Term Bldgs Butterick Publis Preferred Chilton * com Preferred 36 Burroughs Adding Machine 58% 17% 15% 17% 11% preferred. _* 18 * Brunswick-Balke- 5,. 13% 65 A' i2% 26% 45% 109 45 115 12 * 2 * 11 12 Coca-Cola Intern..* 27% 30 7 25 30 43 28$ 57% 58% Colgate-Palmolive- .* 5% preferred...50 Cambria Iron 50 Campbell Wyant & Fdry.._* Canada Cement. 100 Preferred 100 Can Dry Ging Ale.5 Canada Forgings— Class A * Class B ...» Can Iron Fdy's. 100 Preferred 100 Canada SS Lines..* Preferred 100 Canadian Bronze. _* Preferred 100 Peet 1-V: 107 24% 54 18% 103 54% 112 130 135 * 21 23 31 •; Colonial Beacon Oil * 31 39 16 Colon Development .109 Collyer Insulated Wire common • 24% i 16 Ordinary shares.. 5% income A 6% conv pref.u.. Col Fuel & Iron 74 3 11% 47% * Warrants 8% 34 107% 18% 102% 110 18 11% 46% 1040 100 Collins Co 54% 30 15% * common 6% preferred 100 Collins & Aikman..* 5% preferred.. 100 •37% 49% ;52% , * Without par value 15 59 1 common Cannon 14 % 57% 108% 24% 1% 25% Brown Fence & Wire 14 & Corp Daily 10$ 102 .55 54 100 Preferred ■ 78 76 6% Distillery Charis Chic 'rY 5% 9% 6% pref 100 Chapman Valve. .25 31% .31% 15% 9% 18% 13% 98% 13% * Preferred 8% 85 13^ 6% prior pref. 100 2Cc "5" 1 Paper 32% 2% 14% 8% Ohamberlin Metal— Weather Strip.._5 Champion : 82 Century Rib Mills.* 7% preferred. .100 24 1% 1% 8% * Fibre 24 ♦ 49 30 5% preferred ..100 Cent Ohio St Prod.* 42 23% 23% 102 Cent Foundry com.l 11% 28 75 98 Certain-teed Prods. 1 52 49 10 42% 77% 10% 45 __* Airport 110 77% 9% Preferred 10 Cen Violetta Sug.19 Centrifugal Pipe * 1 10 Central 110 42 * pref.. 100 Gorp--_15 1st preferred....* $7 preferred... * Central Aguirre cum Central Paper 49 - 100 Associates 106 39% 108% 108% Celluloid 3% 42% 6% 99% 39 * 7% cum pref. .100 25 22 41% 5% 99% 103% .100 Celanese Corp 1% 1% 29% SS* 225 5% Truck common..* Brown Co 6% pf.100 Brown Forman 115 1 Caterpillar Tract.. * 41 38 Bridgeport Brass..* Bridgeport Mach..* Briggs Mfg * Briggs & Stratton..* Bright Star Elec— 8% 28% 183% * 100 Catalin Corp. 4% 6% 5% 33% 32% 31 v 7 Brainard Co.. 100 Castle (A M) Co..10 2% 31 WA 7% preferred-.100 Case Lockwood & 114 Brewster Aeronaut'i 1 Class Products Casco preferred-.100 preferred * Brewers & - 120 118 * * Billings & Spen Bing & Bing - 98% 18% 98% . 45 Hotels— * Cable El Pr v t c * Calamba Sugar Estates com 20 Calif Pack Corp...* 35 18% 59l% r 14 101 20 5% preferred—.20 7 % preferred- 100 B/G Foods Inc....* 7% preferred. .100 2% 1% , Purchase warrants v;Y 1 Berland Shoe St * fy;/', 12 -/ 96 7% preferred..100 Bessemer Limestone 6 Cement com 8% * Preferred ,33 _* Best & Co _* 58% Beth Fdy & Mach.* 3% 7% 14% "7"" 14 2 26: 29% Carriers & General. 1 Carter (J W) Co 1 43 Biltmore Bondholders A.65 Class B niture common. .1 6 » 31* 6% 28% 5 Carrier Cora Bowman Bush Term Co 57% 57% 55 ;b. Carpenter Steel 16% 98 27% * 25% common—1 Preferred -25 Bourjois, Inc L-* $2.75 cum pref..* Bower Roll B'r'g--5 Bowm Bilt Common Co 45 15% Bruce (E L) Co Bruck Silk Mills 26 38% 15% < 50 A 23% 24% 44% New Class A pref 25 _* Consol Mills Class 85* Brown Shoe 5 4% , 18 1% Preferred..—100 7% .31% 2% 6 5 18% A l* 95 Carib Syndicate..25 Carman & Co A * Class B * 7 30% 2% Bardstown Distill. .1 Barium Stainless 1% 14% 14% "6% 120 26 IV 51 Preferred 100 Baldw Loco Wks__* Pref 11 24% Axton-Fish Tob A 10 Com assented. 27% 25% 9% 25 Aviation Corp(Del)3 Avery(B F) & Sons 5 6% pref w w—25 Warrants Class B if/s 10% 116 43 2d 6% 26% 6% 4% 16% Br. .5 Bon Ami com A—* Common B ;-* Bond Stores com.-l Borden Co 15 Borg-Warner Corp .5 Borne Scrymser..25 19 5 25% 105 Bohack Realty pflOO 99 6 com preferred-. 100 101 r * Carborundum Co..* '30% 2% 1% Capital City Prod.* 29 Bohn Alum & Berkey & Gay Fur¬ Nominal. 1st 36% 5% 25 40 Preferred 100 Can Indus Alcohol.* Class B » 81 15 26% 24% * r Invest Corp 18% ; 36 Airplane.-.5 Bohack (H C) com.* Breeze ment common ... 24% 109% 3% 52 24% 13% 20% 6% 39% 95 Automatic Prod.. 5 Automat Vot Mach" * Automobile Banking $1.50 conv pref 25 Beneficial 106 122 34% 18% 8% preferred. 100 Automatic Instru¬ Belt 10% 77 6 Belding Hem'way. 6 i% 26% 26% 19 Beech 65 • „♦ prefll* Anchor P & Fence.* Andian Nat Corp..* Angostura-W uppermann Corp 1 Anheuser Busch.100 Antilla Sugar 100 Apex Elec Mfg * Appollo Steel 10 Apponaug Co » A P W Paper * Archer-Dan-Midi'd * 7 % preferred 100 ft Last sale, * Loan common Anchor Cap." conv pr Tack Auburn Automob. "I % 10% 70% 10% 3% 1% 7%preferred.. 100 $6 pref.. 100 14% 13 * . Atlas * $5 preferred 112 conv conv Warrants 47 ♦ 6 Cable 5% 23 i;}J4 100 $6% Powder 130 81% 83% 135% 6% 13% 30% % Common _ 58 18 17 125 Preferred $6 preferred.. Anaconda Wire 1 Plywood * Conv preferred.20 Atlas (!£% 79 Old common....* 25% 26%. 74% 118% 12% _ 144 56% IV 24% 29% pflOO Refining, 25 Atlas 195 94% 142 100 Am Woolen Co . 16 * conv Barker Common 18.50 American Screw.100 Amer Seal-Kap 2 Amer Seating + X" 7 pref. 100 Atlas Pipeline * 11 9% % 45 5% . non-cum 4% 11% * _5 Class A 25 Boeing 64 14% 25 r 1 Can Fairbank pf. 100 Canadian Foreign— 12% 29 110 33 Amer Pneu Serv—25 7 % 1st pref 50 . 44 7% preferred..100 American Piano— Class A Class B 5% Atlantic 12% % % Rayon * Fisheries.* Atl Gulf & W Ind SS Lines 70 31 Optical Atl Coast 3 2% 10% 7% pref. 108 12 * Associated Oil 55 ? 54 Warrants 100 Austin Nich & Co.. * 42 rA %* 18% * 10 i 84 £1 c common Associated 36% 35% 14% 7% 3% 25% a registered Y t 9 8% Am Hair & Felt 1st preferred 2d preferred 19% , 103 27% 11% •14% 13% r 59 25 1st 2d Ask Canadian Colonial Canadian Dredge & Dock 17% preferred—50 preferred B. -10 Canadian Oar & Fy * Preferred 25 Celanese * Canad Airways 49 25 24% 16% Bloomingdale Bros. * Blumentnal (S) com* 7% preferred..100 63% 11% 105 5% 1 Assoc Laundries Amer Fork & Hoe..* Preferred 100 Am Fruit Growers.* 3 W 7% 2d pref...100 14 13 47 Assoc El Indus Ltd Am dep rets ord 90 Preferred 100 Amer Forging and Socket com * Dry G'ds IW 17 $3 Preferred * Blaw-Knox Co * Bliss (E W) Co—- 26% 6% 1st pref... 100 5% 300 27 * common Preferred 9 8% 5% 174% 1 Amer Equities Co.. 1 Amer Express—100 Amer Felt 7% preferred-.100 Assoc Amer Blauner's com.----* 13% 95 Art Metal Constr.10 Art Metal Works..5 Asbestos Mfg pref.l 24% 39 62% 10% 25 * Bid Par Per share 31 29 27% 12% 2% . Stocks Ask 110 37 Preferred..3 Artloom Corp Elec Co..5 Preferred * Black&Decker Mfg * Birtman * New preferred Arrow Aircraft Arrow Hart— 16% Commercial Alcohol com 20 Am Crystal Sugar 10 Bid Per share Works Print Common 29% 6% preferred.. 100 Par Stocks Ask STOCKS month preceding the date of Issue Per share Per share Am Chain 8c Cable.* MISCELLANEOUS & Quotations for all securities are as near as 5% 4% 5% ~4% 36% 14% 37 69 70 7% 17% 19% 15 preferred. 100 Colt's Patent Fire Arms Mfg 25 Columbia Baking..* Preferred • 9 AUG., 1937] INDUSTRIAL Quotations for all securities Stocks Bid Par ~Per Columbia Ask 30% Vot tr ctfs com. conv pref. Colum Carbon v !IH * 22% 6i % 103 62 Class A % 1% 14% 1% :< 15% 16% 16 if* * 38 13% ■1% 38% * 1 * Oongoleum-Nairn. Congress Cigar Consol Aircraft $3 conv pref 14 16 23 Consol Biscuit.. 1 Consol Oar Heat.100 Cons Cigar Corp. * rtH 6%% Pf ww. 1 6%% Pf ex-war 1 7% preferred.100 If* Cons Film Indus.. 1 *3% $2 cum part pf..* Cons Laundries ...5 13 gy 12% 86 90 t 139% 27% 20% 20% Deisel-W emmer 8% 102 Preferred Delay Stores Del Rayon A 15 com. Delta Electric--2.50 Dennison Mfg— Supply com 10 Derby O & Ref com * 16% 16 Detroit Paper Prod 1 8% preferred-. 100 100 2% 10% 2% v. 9% • % ■y % Consolidation Coal— Common v t C-.25 Warrants 2% 5% prefvtc--100 Container Corp 20 37% 30% 9% 3% 38% 39% 23 % 3 23% 3% 9 Continental Baking Class A ...» Class B— h 8% preferred- .100 Continental Can. .20 90% 92 56 :■ 56% Continental Cushion 3 3% 19% 2% 19% 2% 48% 48% 18% 19 99 100 * 29% Preferred 100 Converse Rubber..* 30 ,99 101% 11 33 Special preferred- * , Cook P't & Varn__* $4 preferred .* Cooper Bessemer.. 1 V 5% 15% a* $3 prior . 50% 112% 116% 27% 30 ... _ 1 * * 100 31 36% 14% 5 Crosley Radio Orowell Publish'g_ 37 i 8% 11% 13 9 . 42 Preferred 10 Cuba Co.; * Common ~8% 7 82 46% 40 20 18% 95% 71 125 If 6 100 1 8% preferred... 10 Cuneo Press * 6 % % preferredCurtis Publish * $7 preferred * Ourtls8 Wright Corpl Class A 1 Oushman's Sons— 7% cum pref. .100 $8 cum pref * Hammer * 19 96% 71% 12% m * Distil 2% 22 128 17 Tobacco 83% 47% 1% 10 5% Preferred .100 Oudahy Pack. 50 2 14 40% 2% . Cuban-Am Sug 10 7% preferred-.100 Cuban Atl Sugar— 44 ' 1% 13% $5 conv pref....* Crucible Steel... 100 7% preferred- .100 Crystal Oil Ref ;* 20 1% 9% 113 18, 8% 60 38% 107% 2% 7% 39% 106% 10% 74% • 39% 2% 42 109 * Dubilier Condenser * 17 Dryden Paper. 9% io% 20% 76% 6% 20% 69% 74 il* 73 50; Without par x 75 25 14% Giant Portland— 340 14% ■21% 45' Gimbel 85" Gleaner Harvester.* Glen Alden Coal—* $5 27% 26% 38% 31% % 32% 9 13% • 32% 37% 48% 46 32% ?! •36 % % 20 25 180 120 161 Foster 6% n-v deb—100 cum pref..* Hosiery- 133% 107% 134% 108% Foundation Co $4.50 Class B com 1 6% preferred.. 100 Duro-Test Corp 1 Duval Texas Sulph.* Dwight Mfg 15 Eagle CO K) pref 100 Eagle Lock 25 Eason Oil $1.50 conv 27 . 19% 1 28 3 23 2% 2% iS* 20 9 * ..1 4% 1.75 East Mall'ble Iron25 Eastern Mfg com..* Preferred 21 26* 2f* East Dairies Ltd * Eastern Footwear .1 Common ,.6% 9% 9 1 Preferred 30 6% pref_20 Eastern Roll Mill..5 Eastern Sugar Assoc 1% 5% 7 6% v 10 39% 12% 13 40 25% * 180 6% preferred-.100 Mach B...* Eaton Mfg Co 4 27% 39% 180% 155 158 Eastman Kodak 37% Edison Bros Stores— Common __2 5% preferred 50 Old common New common 6% Preferred. 100 Eisler Elec Corp 1 3% 44% 110 5% 3% ... 2% Raps 90 $3 "5% 3% 3 4% 3% pf..* City St'l..* Grant (W T) * Graton & Knight-.* cum conv Granite Preferred ;i8f 14% - 100 23 24 31 33 Station 10 com 3 18% 33% ft* 68 Non vot com Preferred * Great Nor Pap 25 Great West Sugar. _* 131°2% 111 •11% 16% 11% 20 21% 55c 46% 48 31 * 31% 5% 13% 36% 100 * 7% preferred.. 100 Greenfld T'p & Die* $6 preferred-.100 $1.50 preferred..* Green (H L) Co.—l Greyhound Corp..5 Common 40c 8% Gt Atl & Pac Tea 12 preferred 40% 121% Varn-* 48 2d 7% 37% 79% Gray Telephone Pay * 5% % preferred-10 Groc Store Proa_26c Gruen Watch 1 Galveston iiH 13 Preferred 25 Guantanamo Sug__* 8 % preferred.. 100 Guardian Coal & Oil 2% Gulf Oil Corp 2o Gamewell 24% 25% 94 96 21% 99% 22% 89 v 122% 47 39% 34% 135 14% 29~" 33 15% 10% 4% il* 4§* Gypsum Lime 93 Gabriel Co cl A—* V 5 Gair , 2 & Alabaster Ltd.* Hajoca Corp 63 69 * 64%. 65% Gar Wood Indust—3 > Grand f 45 30% Ry Sup..* 40 107 5 Preferred Great Lakes SS Houston* Co. .—* $6 conv pref—* Gannett Co Inc— $6 conv pref— Gardner-Denver * $3 conv pref—.20 t Called Sept 15 at 110. plus div. Ex-dividend. 26 Rapids Brassl 11 21% 50% 2% Grand Nat Films-. 1 10% Franklin 24 sVi Silk Hosiery com * 7% preferred __100 Gossard (H W) * Gould Coupler A..* Graham-Paige Mot 1 3r m 21% 47% 30 25 2% 42% 106% 4% 3% * Sugar—* Franklin Rayon 1 Freeport Sulphur .10 6% conv pref. 100 Froeatert Grain & Malt common—1 Preferred. 15 Fruehauf Trailer—1 Fuhrman & Schmidt Brewing com 1 Fuller (G A) Co— Partic prior pref-* 39 50 com F-R Publishing ... 8% * Preferred Gorham Inc Francisco 35" 6* ;,7* 24% .24 (Peter) Brew—5 (Robert) com.l $3 Preferred 10 Gallager&BurtonA 1 * 1 * Foreign shs A...* Foundation Co of Canada * Fox Film class A—* 11% 35% Educational Pictures $5 conv pref * Goodyear T & R of Grand . Wheeler. -10 $7 conv pref * Fox Good Humor Corp 1 Goodrich (B F) * $5 preferred * Goodyear Tire & Rubber com * 4% 100% Gotham 6^ . * 16 90 52% 4% . 1 Grand Union ctfs_.l Am dep rets Durham * 14% 76% 22% 81% 21% 9% 42% 52% "5% 116% * Class B Class B 12 32% 32% 41% 115% Am dep rets ord- Ford Mot of Can 100 * 13 38% $3 pref with war.* Gorham Mfg vtc.* Ford Motor France 159% 15% * Canada. 3 16 A. * ' * 2 5% 37% 5.;'" 37 , * Preferred Gobel (Adolf) Co—1 Godchaux Sugar pf. Preferred 50 Goodall Worsted _50 13% 32% 36 : , 5 — * Goebel Brewing Goldblatt Bros 75 Preferred——100 Class A__ Glidden Co 4 % % conv pref 50 Globe Wernicke—* 112 11 40% 111% 4%8Conv pref. 100 5 * 32% 103% 41% 103 Food Machinery-.10 4% 14% 114% internat'l.l * * Class A 100 4 pref Bros $6 preferred 24 Follansbee Bros—* 2 conv 6% 15c •:, 30 35% m 165 32 50 — Gilbert (A C) * Preferred.. * Gilchrist Co * Gillette Saf Razor.* 7 % vi 98 50 Cement com Preferred.. Gibson Art 27% * com 27% 17 # & 36 76^ $6 preferred—100 k Flour Mills of Am..* Gen Time Instru..* Georgian Inc com. _* A preference—20 93 Ford Motor Ltd-— Duplan Silk » 8% cum pref-.100 DuPont (E I) deN 21% 58* warrants 44 Preferred 100 Fisk Rubber Corp.l Gear £■ %« common...* 6% cum pref A 100 7% 34% 7% 1st pref.-.100 Bros Opt < Genessee Brew A..1 ' s First Nat Stores—* Foote 53 Conv pref vtc..* Sub warrants & 28 Warrants value t New stock. (Marshall) Mach "3% 3% (R G)— Bradstreet Corp.* Dundee Textile * "3% Easy W 44 ~4% 50% 10% 12 Co * 5th Ave Coach...25 Prefen ad W 10 * New 13% 5% 19% Fohs Oil 40 $6 conv pref Gen Theat Equipt— Old common—-* 59 310 Florsheim Shoe com* 105 57" Refractories--* 24% Preferred 1 Fiat Am dep rets— Fidelio Brewery—.1 Florence Stove 100 Signal * 6% preferred-.100 18 22 4 % % preferredlOO 1 F G Trading Corp.l Preferred * $6 preferred Gen Rayon A stk—* 24 4 Flintkote Co com..* 28 71 Gen Steel Casting— Common * 3% 49% Ferro Enamel Fla Portld Cemuts. .46% 89% : General Print Ink--1 Gen 135 Federal Motor Tr..* Fed Screw Works..* Federated Dept Sts * 113 44 4?* 'I6 A 6% preferred-.100 * 58 Fedders Mfg 5 Federal Bake Shops* Preferred 30 59 26% ninfifl 23 Fansteel Metallurg * 125 7% 10 Gen Plastics 3% 10% 86 J* 117% * pref _-* 5% preferred Gen Optical Gen Outdoor Adv't'g Common * 21 85% . 61% >8* Gen Ry 1 Farnsworth Televis 36% If* no* * part conv n-c A_* Class B * Dri Steam Valve..5 Driver Harris Co 100 Dunhill % 110 * Crown Cent Petrol.* Crown Cork Int A_* Crown O'k & Seal.* $2.25 pref w w__* Preferred x-w * Crown Drug com..* Preferred —.50 Crown Zellerbach 5 • ; * 8% 22% " .* & Co common..20 19 . 15 \ Crowley Milner price, 116% 27% 111% 5% 16% 32% I« Fishman (M H)—* 23% Dun Crocker-Wheeler ..* Preferred 2!* 22% 100 Preferred Wheat Stocks trust ctfs.* Cutler 50% 16 57 54 Firestone Tire & Rub Common 10 6 % pref ser A. 100 20% Mills 37% 22% Gen Tire & Rub-. .5 25% 48 —.* Preferred 100 k 108% Dresser (S R) Mfg 113 18 1 Common Field 100 6% cum pref. .100 8% 108% 5% 16% 32% 8% 21% 20% 8% preferred. 106 Fairbanks Morse. _* 6% preferred-.100 Fairchild Aviation 1 Fa jar do Sugar 20 24 23% 110 General 170"" 17% 15% 25 Am dep rets reg £1 Gen Fire Exting—* Gen Fireproofing. . * General Motors..10 160 * 24% Finance— preference.* 145 6% ' 22 Filene's(Wm)Sons _* Film Inspect Mach* 140 21 \ 23% 22% 6% 58% Ltd— 4% % preferredlOO 29 102 ; Elec 3 34% 120 7 % preferred- -100 Gen Foods Corp— * General MachinelOO 5 4% 27% Chicago * 20 Preferred 100 Dominion Steel & Coal B .25 Dominion Stores..* 18% 1% 122 5 18 (Jacob) Pkg 6%% pref....100 65% 159% 90% 18% 17% 35 1 3 35% 21% 38% 115 6 17% 17% 34 r 119 Gen Crude Oil..2% General Electric--* 2% General 5 20% 37% Dold Preferred Dow Drug 25 Creole Petrol Cummins 20 'fW 112 * Creamery Package.* Cuban 1 Doehler Die Cast..* Dow Chem com 5% conv pf—100 7% Preferred. 100 Preferred 19 Dixon (J) Cruc-.lOO Glass. 100 Cramp (W) & SnslOO Croft Brewing.. 58% 20% 36% 61% 34 Doubleday Doran__ Douglas Aircraft..* Douglas Shoe pf_100 Am deprctsord£l k Wagon Co $1.50 convcl A.20 Common * or 5 4% 19 Dominion Covered Cream 9 118 pref..50 com 23% 85% 9% 82 * Warrants........ Crane Co 28% 22% * 1 Ooty Inc Oourtaulds Ltd- Seagrams Ltd...* com. 9% 210 105 5% 88% $6 conv A pref..* Cosden Petroleum conv 9 27% 65% 157 7 % preferred. 100 Corroon & Rey'ds 5% ^ 108 100 Corn Prod Refg..25 31 52% 7% preferred--100 Fanny Farmer Candy m 150 Dodge Mfg 4% 36 8 26 7% preferred-.100 General Carpet 1 8 71 120 100 2.40 . Gen Cigar common * 2% . - Dominion Bdge.100 Dominican Coal pf 25 , 1 " Discount Corp (NY) Distillers Co Ltd_£l Distillers Corp- Cum 4% 16 28 Empire Sheet & Tinplate .._* Falstaff Brewery Famous Players 12 130% ... 35 1st preferred-. 100 2d preferred.. 100 Emerson Drug. .2% Class 16 68 Domestic 4% % Ely Walker D G..25 Fairbanks Co _ 13% Can Corp com..] Voting trust ctfs 107 Dictaphone Corp. 18 31% 4 « 23 15% Dr Pepper Co 6% 16% 59% 21% 30% .100 Common 32% Diamond T Motor 2 Preferred - « 27% 33% 105 6%% pf (w w) 1001 Dobeckum Co 35 pref * Copperweld Steel. 10 Cord Corp 5 Corning Glass Wk 10 Preferred. 6% part pref—.25 Diamond Shoe * 14 16 58 27 Divco-Twin Truck. 1 Dixie-Vortex Co— Common _» Class A. 15 61% 115 * 10% - Elk Horn Coal Corp* 6 %non-cum pref50 _ 65 General American General General Bronze....5 General Cable. * Class A * 7% preferred.. 100 2d preferred--.100 39 10% Common 1 Electrolux Oorp..~l Elgin N Watch...15 Fair (The) 8% 60% 56% 1% 6 Transportation 5 Baking—.5 $8 1st pref * General Box Corp.l 12% Electrographic Corp Evans Products Ex-Cell-0 A & T Exch Buffet Corp. 6 25% '.'''Ai*!-*!.1' Devoe & Raynolds— Class A (non-vot) * Common B * Diamond Match 49 8 5% pref w W..100 Distillers Liquors..5 54 10 Preferred 48 4% 10 . 5% preferred-.100 Equit Office Bldg._* Esquire-Coronet. Eureka Pipe Line.50 Eureka Vac Clean.5 2% 4% Per share Preferred " 38% Endicott-Johnson_50 21% Dictograph Prod.-2 Spring com. 1 Cont Diam'd Fibre.5 Continental Mot_.l Oont'l Oil (Del).-.5 Oont'l Oil (Mex).--l Oont'l Roll & Steel • Preferred 100 Cont Screw com.. 10 Cont Steel Corp 17% 17% 2% 4% 20% 5% 24% 6% conv pref_ .25 Detroit Steel Prod.* Detroit Sulphite. -10 Detrola Radio & Television com__l Bid Par Gen Alloys Co— ~ 1 Indus Am sbs Elec Shovel Coal.. * Partic pref * Elec Stor Battery. _* Elec Vacuum Clean* Electrol Inc vtc ..1 Emsco Derrick Detroit Mich Stove 1 Detroit Harvester. 1 Stocks 12 New common. 8% 89 17% Ask 12 B—.2% 88 6% preferred—20 Detroit Gray Iron & Foundry com—1 20 Eisemann Magneto * Preferred 100 Eitingon Schild * Electrical Steam Sterilizer 1 Electric Auto-Lite. 5 Electric Boat Elec Ferries com 6% preferred-.100 Elec & Musical 57 8% Det Gasket & Mfg— Common _.l 9 103 Consol Royal Oil .10 Consolidated Steel * Consol Textile * Bid Emerson Electric 100 * 18 8 126 55 93 108% 4% 75% 4% 122 preferred.* nlH 95 20% 11% 74 8% preferred.. 100 Dentists' (The) Cons Macn Tool uts_ Consolidated Oil * $5 cum div pref.* Consol Retail Sts-.l 15 % 104% 13~~ 11%. 19% 11% 1 $4 Preferred 79% 3% 13% 28 26 20 Class A 10 7% preferred.. 100 56 23% 29 138% 27% * com 7% preferred 15% 23% Gilbert Corp.__ 10 1 Preferred 15% 27% 35 Deere & Co 14 Conde Nast Pub..* Condor Pictures 1 6%% 20 15 Deep Rock Oil & Ref 7% pf-100 Shoe— Mach vtc V t c extended f 15% 19% 10% Dayton Rubber Mf| Common ' 107 105 % Solvents..* Com'wealth Dist— 1 s 56 26% 15% 1 104% 66% 66 % pref..* Comm'l Compo Common 2?* ... conv 50 '• Darling Stores Corp $2 partic pref * Davega Sts Corp. -5 5% conv pref..25 Davenport Hos'y..* Davison Chemical $2 preferred Commercial Credit Common... 10 4% % convpreflOO Comm'l Invest Tr.* $4.25 42% 122% 120 t c * Columbus Auto— Parts com Par Per share 25 Dardelet Thr'dlock * 30 40 _ Stocks 2% 13% 2% 12% Dailey Corp. 1 Darby Petroleum. _6 31% 31% 8% 87 STOCKS ithe month preceding the date of Issue o Per share B'cast in Sys Inc class A 2 \ 2y Columbia O & G... Columbia Pic com.* Ask Bid Par share Class B $2.75 Stocks MISCELLANEOUS & possible for the closing day are aa near as 13%l Preferred * 100 57M 12 19 48 Hale & Kiiburn Preferred Hall Lamp com 13% Garlock Pack t Called July 1 at 110 plus $1.75 div. k Last sale. n 100 * Nominal. 8% 4% r Canadian INDUSTRIAL 88 MISCELLANEOUS & Bid Par Stocks Ask Bid Par Hall (W P)Print'g Haloid Co 18 Hanna $5 Indus Machine Industrial Silica...* 37% Ingersoll Rand ♦ 131 135 15% 17 18 77 80 3% com* 3% 100 Hartman Tob—-10 Harvard Brew 1 Hat Corp class A. . 1 Class B n-v 1 87 1% 1% 90 11% 12 10 6%% pref ww 100 Hathaway Bak A_.* Class B... * 92% - .4% 10% 94% Preferred 2% 1% 6 1% 1 35 Preferred 40 115% 15% 16 Int 48 50 18% 11% 18% 7% class A pref. 25 v t c—* 11% Hecker Prod Preferred w 100 150% 154% 25 25 7% non-cum pflOO Hendey Mach "B * * 5 10 Dref Hewitt Rubber conv Heyden < 'hemicHl 15 Hilton-Davis Common » 48 119 n* 25 Jefferson Lake Oil.* 33 29% 33% Jewel 6% conv pref. 100 101 Prior pref $5 * pref Holophane Co * * conv Preferred 29% 23% 41% 104% Johnson Tin Foil 6 Metal 100 48 4% J7/° Jonas & Naumb'g2 % Jones & Laughlin 24 42% Steel 106 common. 100 7 % preferred- .100 27% 26 * Holly Sup Co * 7% preferred-.100 Holt (H) & Co A__* Johnson Educat Bisc Class A * 9 65 Common Hollander (A )& Son 5 Holland Furnace. .1 * 32% 32% 110% 6% Furnace com 10 KCStk Yds Me. 100 7% Preferred Chemical com .100 Preferred 100 Horder's Ind - 100 88 91 15% 16 Hormel (G A) & Co * Horn (A C) com 1 Prior preferred..5 Horn Hard't(NY).* 18 19 32 5% preferred. .100 103 Katz 110 8% 5% .... Kaufman 9% 6% 32% 104% Preferred Kayser (Jul & Co_5 7% 37 23 Kellogg Co * KelloggSwitch & S .* 5% conv pref. 100 Kelsey-Hayes Wheel 11% 11% 25% 25 25 : 15% 15% Corp 111% Lamp A * Keyes Fibre com..* ] Hygrade Sylvan...* 6%s conv pref. I * Ideal Cement._ 10 t _ Illinois Brick "25 Imco Partic Ltd. I 1 4 23% 16* 30 20 16% 3% ; 50 111% 27% 13% lis 13% 1% 20% 20% 14% 14% Indiana Gas & Chem 6% pref * Indiana Limestone. 1 Motocycle." * Preferred 10 Indiana Pipe Line 50 Refining 37% 26% 37% 63 65 28 1 - 9 11 18 22 9 10 14% * 2% 2% 9% 15% Indian Terr Ilium Oil non-vot A Cl.*\ss B * Indus Accep Corp Cum pref. 100 No par value. * Kirby Lumber.. 100 Kirby Petrol 1 Klein (D E) Co... * Kleinert Rubber.. 10 Knight (B B & R) pf* Knott Corp 1 21" " 23" 97 101 28 n conv * pref 35c 25 4*5* 8% 1st pref 100 $2 n-c div shares-* * Mid vale Co 4 20c com.* 55 Scrip 6% Mid-West Abras.50c Midwest Oil 10 Miller 68 46 2 30 33 Mission 47% 48 Missouri Kansas 11% 11% 35% 13% 48% 31% 127 2% 8% 2% 44 4l* Co.-.-* Macy (R H) Co Inc * Mad Sq Garden ._* Magazine Repeater Razor 10% 104 10% 21 106 12% 17% 13 23% 5% 2% 7% preferred--100 Ctfs of deposit. 1% 13% 1% 14% 34 38 80 6 36 49 95 6% 24 33 80 85 5% A conv Massey-Harris 108 * 100 Preferred Master Electric—-1 10% 132 23% 34% 11% 12% 21% Math'son Alkali.. .* 11 140 24 36 11% 13% 21% Canadian price, r 7% preferred.. 100 May Dept Stores. 10 May Hosiery com.* Preferred.— * Maytag Co.. * 1st $6 pref. * $3 cum pf ww-.* S3 cum pref x-war* Warrants t New stock. ; 100 TYeferred Mohawk Liqueur. .1 Molybdenum Corn 1 Monarch Mach T'l * 105 *9% "9% 19% 23 2% 3% 105% 4% 103% 105% * * 53% r J • 5 4% 7% 7% 4% 32% 44* 23% 36% 148 63% 30 55 9.„ 102% 35 27% 24% 5?* Preferred B 34% 46 44 176 290 10 62 33 70c 6 9% Products Mot Wheel 23% 92 89 93 4% 35% 21% 15c 35% 21% : * Corp..5 10 Mueller Brass Co._l ( conv 1 oref / * 60 9% 105 36 "At Preferred 100 Murphy (G C) 5% pref 100 Murray Corp .10 Murray-Ohio Mfg.* 13% 88 25c 6% 42 JS* 90 6% Munising Paper 6% prior pref..20 Vtuns'ngwear Inc * Murphy Varnish 100 32 6% 40% Mfg Corp— Class B. $7 37 155 64 6% A 91 Mount'n & Gulf Oil 1 Mullins 55 • 65 ; 35 90c Twist Drill Amer shares..... Motor 3% 3% (Philip) & Co Ltd Morse -a-:.- 186 255 100 Morrell(John) & Co* Morris Plan com 25c Preferred 10 Morris ; 141 '■ Moore (Tom) Dist.l Moore Drop For A.* Mountain Prod 115 36 'At 140 A 32 & Machinery.. 100 Mtge Bk of Colombia 13 106 9% 53% Moody's Invest Serv part pref * Moore Corp com..* Preferred A. _ . 30 . 63% 3% __ . 13% ■■ 101 10 24 % 8% 51 I* Cum pref 7%. 100 Kolster-Brand Ltd— Amer shares £1 20 $4.50pref ser A100 Montgomery Ward 23 58 27 % * pf.100 13% 94 $2.50 Class A 2% Preferred 100 Marshall Field & Co* . • 7% 7% 19% Monsanto Chem.. 10 18 8 10% 42% . .v..;;': Monroe Loan Soc A1 20% 22 Marine Midland—.5 Marlin Rockwell. .1 Marion St Shov * Masonite Corp 22 & Voe Common 61 19% 15% 10 Martin (Glen L). 1 Martin Parry Corp * 21 13% Manning Bowman 5% Marathon Paper. .25 6% Margay Oil Corp..* 28 Monogram Pictures 1 6 Manufac's Trading 1 4% 5% 32% 48% 105 27% 3 12% Manhattan Shirt.25 Manischewitz _* common.. 102% 5 Mock Judson 14% 14 —..1 Pipe Line 39% 39% 21 19 inc..* Mapes Cons Mfg..* Maple Leaf Mill...* Preferred rl00 Maracaibo Oil Exp. 1 Oil 118 19 Warrants 9 42 3% 18% 6% 6% 6 8 41 9% 3% 17% 4 15% 3% 115 . Common Mangel Stores— Common.......1 $5 conv pref 4% * k 15% 129 Mo Portl Cement.25 Ctfs of deposit- Mandel Bros 14% 49% 32% 1% 24% 19 36 1 com 13 r * Oil Corp— Midland 65 16 Nominal, * t c 44% 31 A: Last sale, 21% 23 __* 11% „.* t c v $2 139 3% Pub—* 12% 6% preferred 10 Kreuger (G) Brew.l Kroger Grocery & Baking common.* 2; 2; v Mack Trucks Inc..* Macfadden 14 Kress (S Pet— States Class B Products 21 5 Corp 10% Kresge (S S) CoCommon (vot). 10 10 Midland Steel 135 Mac And & Forbes 10 20 _ Middle * Sugar Preferred (I) Sons com * Pref 6%% 100 Minneap-Honeywell Regulator " 4% pref ser B—* Minn Min & Mfg__* Minneap-Moline Power Implem * $6.50 cum pref..* Mission Corp * 17 Kobacker Stores. of Gt Brit & Irel'd Am dep rets ord £1 29"" 111 -.50 Koppers Co 6% pflOO Kresge Dept Stores 1 8% preferred.. 100 Imperial Tobacco 28% 1 Steel Lukens Steel & Co * $8 preferred 29 of Canada com..5 • Mid-Cont Petrol-. 10 1 Class A 6% preferred--100 Macfadden Newsp.* 16 2-3 Kingston Products. 1 Kinney (G R) Inc.Il $5 prior pref * 4 Registered shares. Imperial Tobacco ndian Case * Kingsbury Brew 1 King Seeley com__l Convertible pref 20 1 21 Indian. * Wire common.. Keystone Watch 2 % 20% Ltd..I* 30 Keystone Steel & 15 Kimberly-Clark 7% pref unstpd 100 7% prefstmpd 100 Hygrade Food Prod5 Imperial Oil 5 Class A Ay 5 Huylers Inc— Common 9% Ludlum Lynch 20% com 83 1 92 16% $1.25 conv pref. _* Ken-Rad Tube & New common 88 16 16% 83% 13% .5-1% A 3% 22% Michigan 71% 6%% conv pf-100 * Preferred 100 1 $6 part pref A...* 1 Mich Gas & Oil.—l Mich Steel Tube.2 % 55 MallOry (P R) new.* Manati Sugar 100 Kendall 2% 7% 28% 72% Ludlow Valve 14 Kennedy's Inc Hussmann-Ligonier * 72 100 60 Mexican Petrol-—.1 121 13 30 Metrop Playhouse.* Metrop Tobacco. 100 Mexican Eagle Oil.4 Mexico-Ohio Oil * Mich Bumper 106 2 2d 80 55 $3.25 pref 85 84% 105% 1 Corp * * Metal Textile 270 1 B 13% 19% 11* 240 Conv class A 27 11% 4% ft* Majestic Radio & Television com__l * 3 25 Machine Metal & Thermit..* Preferred 100 106% Class 93% * com MacMillan 69 — 5 75 24% Louisiana Oil Refg.* Kelly Springf'ld Tire 64 65 106 Preferred conv 4% preferred--100 30 •33% Scott 6%% pref A100 Messenger Corp 5 1 Loudon Packing—.* 32% Merritt. Chapman & 5 $5 preferred—100 Longwest Corp * Loose Wiles Bis..25 129 100 Mesabi Iron 27% 111 Mfg__ 100 Metalastic Corp 54% 7% 127 Keith-Albee-Orph— 1st preferred.. 100 Hudson Mot Car. Humble Oil&Ref,. Hummel-Ross Fibre Common 6 Hunter Steel com. Hupp Motor old. .10 "5% 5ft Preferred Preferred 17% 26% 26% 4% * 110% 27% pre' 100 Keller Dorean Color Film —20 91% 6% preferred-.100 31 Long Bell Lum A--* 5% 39% Merck & Co com..] Merrimac Lord & Taylor-100 1st preferred--100 7 10 100 Common 1 20 124% * Mergenth'ler Lino Merrimac Hat-—-.* 4% 10% 60% —8% 26 Lone Star Cement-* Common - 100 Preferred Mesta preferred--100 Lorillard (P)——10 7 % preferred- -100 5% 12.50 Dept Common 61 $1.50 conv pref. 20 Houston oil (Tex;— .6% preferred 137 60 9% 22% ,6% prefer red. .100 Vot tr ctfs Howe Scale com 5 1 St's com 35 Household Finance Common .* Houston Oil Field Material com Drug 100 Kay nee Houdaille-Hershey * * 135 124 Kalamazoo Stove & Hooker Electro Class A„___. Class B - 70 Julian & Kokenge..* 30 oiy* 38 68% * 7% preferred..100 45 12% 28% 103 - Refrig..* Merchants W* 26 $6.50 cum pref..* Loft Inc * 37 25 Tea Johns-Man ville 103 44% 28% Transportation 3* 30% * Loew's Inc 5% 3% p Locomotive Firebox* 14% * Jenkins Bros 4% 6% preferred—25 Liquid Carbonic—.* Lit Brothers * Preferred 100 Loblaw Groc Ltd A* Class B * Locke Steel Chain.5 Lockheed Air Craft 1 17 5% pref n-v.--100 23% preferred. .5 Hires (C E) Co A—" Class B_. * Hoe (H) class A..10 ' 6 36 Preferred w w__25 Jacobs (F L) Co 1 Jantzen Knit Mills.* 10 $1 % Hinde & Dauch $2 Partic pref...* 67 , 28 -.10 * Lion Match w i 1 Lion Oil Refg * Lipton (Thomas J)— Class A 1 * Merchants & Miners 66 Preferred _ 100 Sec Co class A.l 35" 33% 4% Link Belt Co Irving Air Chute 1 Irving (John) Shoe.l Jeannette Glass Chem 1 Preferred- 69 45 46 Merchants & Mfrs . 21 *"■ 25 Common Mercantile Stores. 85 v Ay Mercantile Credit- -1 160% Bakeries* * 1 1st pf.50 conv 1% 41% 1% % 1% 12% 10 Shoe Mengel Co 5% 67 Iron Fireman vtc._* 58 Melville * com Mellins Food 15 41% 95% $5.50 prefser B—. 21 80; pref. 100 Mead Johnson 2% 10% 40% 20 Corp.-5 l 3 * Sts com.l conv McWilliams Dredge* Mead Corp com * $6 preferred serA* 170 10% 40% 14% : Lima Locom 100 Equipment 1 * Intertype Corp * 8% 1st pref..-100 103% 15% .42 .... Wks_* Lindsay Lt&Chem 10 95 Heywood-Wakefleld 2% 14% 9 103 Interstate Hos'y 15 54% 6% 20% Interstate Home— 164 101 24 34% 10 pref conv McLellan 34% 160 16% v $4 $3 32% 23% 2% 13% Pub.* com McKesson-Robb'ns 5 88 7% preferred--100 Lily Tulip Cup-.-* Interstate 133% Hershey Creamery . * Preferred 100 Hershey Chocolate. * Plate * Int Vitamin Corp..* 6% - 85 McGraw-Hill 99% 101% 29 128 Powder..* 6 % preferred.. 100 Herr-Hall-Marv 100 McKeesport Tin Life Savers 6%% preferred..* Interstate Dept St's* 7% preferred..100 15% 27% 156% * Hercules Motors Hercules 8% 26% 23 105% si* w._25 Preferred xw Helme G W) McGraw 98 Lig & Myers Tob.25 Common B 25 _ Electric-_5 39% 13% 100 Lib McNeil & Lib.* 1 7 % preferred. Int Text Book $3 pref Heller McCrory Stores 1 Conv 6% pref-100 95 Preferred Internal Silver.. 100 * (W E) com_2 McCord Rad cl B—* 5% 37% 10% Inc.-* pf50 * Lehn & Fink Prod.5 Leland Electric * Leonard Oil Devel 25 Learner Stores..—* 4%% pref 100 Lessings Inc 1 Le Tourneau (R G) 1 Ley (Fred T) & Co.* Libbey-Owens-Ford * Liberty Baking * 100 Internal Shoe * A--. Preferred 5 19% Int Safety Razor B_* Internal Salt * 9% 7% 8% 6% ~4~" 19 6% cum conv * Internal Radio Motor Parts Corp com .3 Helena Rub'stein..* t Petrol Internal Pulp Preferred 21% * 100 4% Lehman Corp * * Internal Prod i 153 Portland Cement 100 Lee Rub & Tire ..5 Lefoourt Rlty Corp 1 Conv pref * Leh Coal & Nav—* Leb Portl Cement.25 4% conv pref. 100 Lebigb Valle^ Coal * New 5% pref--100 Warrants 15% Refining pref—100 * McCall Corp McOoll-Frontenac Oil Co__i Machine Co.-100 New common--15 1% 128 •: 15% 6% conv pref..50 Hein-Werner O 30 McOahan Sugar Lnwrence * * B 52 7% pref w W-.100 Lanston Monotype Lane Bryant 7% preferred-.100 Hearst Consol Pub— Class 5% % — Class Class - 4% Hayes Body 2 Haytian Corp of V America.. .--* Hazel-Atlas Glass.25 Hazeltine Corp * Hearns Dept Stores Common 5 27 29 Lanatin Corp—-.1 Landers, Frary & Clark-.-25 115% 55% Interchemical Corp * 6% preferred-.100 Intercont Rubber..* Interlake Iron * Int. Agricultural..* 7% prior pref. 100 Int BusinessMach.* Int Cigar Mach...* Int Harvester_._..* 7% preferred.. 100 Int Mercan Mar—» Internat'l Metal Industries cl A__* Int Nickel (Can)..* 7% cum pref.-100 Int Pap & Pow A * Ask Bid Par ' Per share 24% Petroleum—1 Woods Milling--* r Preferred 100 r Lakey Fdy & Mach 1 Lambert Co * 3% 37% 6% preferred—100 Inland Steel * 102 Stocks Lake of the 3 44% 130 13% preferred—100 Hartr'd Rayon 1 Industrial Rayon..* 43 Lago 20 55 43 36 % 100 6% preferred. _ 100 Harrisburg Steel—5 Harris Seybold Potter com * 6% 4% 1 % 44" ~ 53 $5 cum pref * Har bison-W alker Refractories com * i"l! 105% Ask 49 50 Laclede Steel 10 1st pref 2d preferred 10 Indus Finance vtc 10 Preferred 100 31 107 * (MA) 19 ■ 30% 104 % Bid Par Per share Indus Brown Hoist— 15% 15 10 5 Watch..* $6 preferred. ..100 Hammermill Paper { Common 10 6% cum pref__100 Hammond Clock. .5 Hamilton Stocks Ask share Per share •>' . of the month preceding the date of issue Quotations for all securities are as near as possible for the closing day Stocks ..J-M STOCKS ' . 20% 12% 21% 69 72 106 13% 19% 76 14" 20 : y A AUG., 1937] INDUSTRIAL Quotations for all securities are Stocks Bid Ask Per Muskegon Plst Ring 16% 17% Muskogee Corp * 12 15 Preferred 100 Myers (FE)& Bros^ Nachman Springf..* Narrag Racg Assoc 1 88 92 63 64 15 19% 8% 19 North German Lloyd Amer shares 8 Nat Acme Co I 18% 21% Nat Automotive Fibres A v t c * 28 Nat Bellas-Hess „ 21% 12% 8% 6% preferred.. 100 29% 13% 9% 86 1% 2% 23% 150% 23% 1 7% preferred.. 100 * 112 Nat Cylinder Gas__l Nat Dairy Prod * * ^ w w ^ 2dnon-cumpf__20 103 102 17 cum National « - - - 30 52% 8 65 41 % io' 1 % 15 13 % si* il* ~2% 18 29 14 % 5 4 12X 25 24 37 % 137 . 7% 2% ' 49% 93 % 24 X 37% 139 X 7% 10 % 10 X Nat Union Radio..* Natornas Co » 1% 9% ,9X 2 Naumkeag Steam 65 100 * 67 * 21% ffH % (Oscar) 52 * 1 • 41 92 11 (Herman)..5 13% Neptune Meter A. * 8% preferred.-100 . 105 Nestle-Le Mur cl A * 54 * 53 106 England 1% 56 X 108 16% 112 X * Paramount Picturesl 6% 1st pref...100 6% 2d pref-.-.10 Parke, Davis Co..* 10 40 X Parkersburg 21 Parmelee 28 96 21X 1 * Pathe Film Corp.. 1 7% preferred * Peck, Stow & Wile 25 Peerless Cement * 12 Peerless Corp. 3 33 Peerless 31% X N Y Auction ....* NY Air Brake * 6r N Y Shipbuilding.. 1 Founders shares. 1 7% pref 100 N Y Transit 10 Nicholson File * 1900 Class B si* iH pref * 20 53 11% ~2 100 7% 102X 7X Punta 100 92 155 5% 22% 165 20% 23 27 25 26 29% Railways Corp 6 Ford—-* Penn-Central lines 5% 6% 59 SA 54X 42% 7% 12X 6% 6 7 7 9 7% conv pref A..* Common vtc $7 conv Units Penn-Mex Fuel 2 173 Penn Traffic 2% Penn Vy Crude Oil.. Class A 6 Class B lc Units 13 X 14X 50 51 Perfect Circle * Pet Milk * 2% Without par value fc Last sale, n Nominal, r — % 54*< 125 20% 6 i 5% 2% 34 113 31 20 35* 8 49 116 * 34" St Lawrence Flour Mills 100 com 71 St L Rocky Mt & Pacific Co.. 100 9 100 ~8% 100 99 6% 5% 1 25 San-Nap-Pak com.l 99 stH n* Savage Arms * Savannah Sugar 1 Savoy Oil —5 3% 42% Schenley Distillers.5 5%% pref 100 Schiff Co 94 * com 20% 7 % preferred-. 100 Schulte Real Estate. "I" 4 Sts.l 2 8% preferred.. 100 15 Schulze Baking 6% pref.. Scott Paper Scovill Mfg Scranton Lace 42 100 * 25 39% 45% * 41 24% 16% 2% Seaboard Fin Corp.l $2 $2 cum conv 27 pref w w_* pref—. 30 * 100 Sea grave Corp Sears, Roebuck * Seeman Bros * 45 39% 6% Segal Lock & Hard * 100 2% * 22 18% 20 ware com 1 2 Preferred 5% 50 24 Seiberling Rubber.* 30 33 25% 25% Sharon Steel Cp 17 22 $5 conv pref—.* Sharp & Dohme * $3 50conv oref-.* 5 10 100 Reliance Steel-.---2 $1.50 conv pref.25 Remington Arms..* Rem'tn Rand com.l B rights Preferred. 1 ' 5 " 5% 108% 11 24% 4% 25% 25 86% 100 Serve! Co 1 7% preferred..100 Seton Leather * Seversky Aircraft..1 * Shattuck (Frank G)» 25% 4% 26 109 _ * Shell Transp & Tr £2 * Shell Union Oil Warrants Rights 89" 23% * Sentry Safety Con.l Shawnee Pottery Sheaffer Pen 85 Preferred w W—25 Preferred Selby Shoe 12" 1%. $6 pref Ex-dividend. r 16 19 x 24 r 9% 79% 100 Canadian nrice. 34 7% 65% 14% Bond warrants— 1% 12% 50 21 (Illinois) 17 Corp.* Preferred 38 ; 22 18% St Lawrence 34 41% 8% 94% Reliance Mfg Co 5X 44% 95% 104% 108% 7% 1st pref—.100 Reiter-Foster Oil—* * Reliance Bronze & Steel common—.1 Common 3 i — Pet Corp of Am—5 Petrol Conversion .1 5% 175 39 37 123% 6% preferred.. 100 Reliance Elec & Eng 71 5 Penn Salt Mfg—50 Penn Sugar 20 Peoples Drug Stores* 6% conv pref-.10 Pepi-Cola i°* 5 Reliable Stores 69 5% 4% Ryerson & Haynes.l Warrants Reed Roller Bit 27% 32 Safety Car H & LI 00 Safeway Stores * 48 4% 3X 3 100 Petrol.* 45% 5% 1% 33% 3% 7% 26 14 48% New common * * 123 98 36% 11% Scullin Steel pref..* 100 * 76 120 Seaboard Oil (Del).* Real Silk Hosiery Mills common 6%% pref ' . Preferred 35 Raybestos-Manhat * 14% 2% 7% 13% 24% A * $2.50 conv pref..* Ryan Car com * 5 Reis (Robt) & Co..* __ 1 common 34 Red Bank Oil 54^ 1 * * 9 pref....* Penna Industries 17% 8% 16% 18% Raytheon Mfg..50c 6% preferred 5 Reeves (Daniel) 6 $1.20 conv pfd_20 Rose 5 10&25c Store * 8 52 133 51* 115 100 Preferred 5 25 ' Units 14% 10% •114 % A_ * 7% pref vot 1 Roosevelt Field 50 Preferred Ralston Steel Car 100 Pile common 7X 46 X 97% * 5% preferred—100 Rocky Mt Fuel.. 100 Preferred 100 Rogers Majestic * Rogers Peet 100 Rome Cable Corp_5 Schulte Retail * Randall Corp pt Class B 10% 26% _ Sanborn Map Raymond Concrete Penn Glass Sand— 62 49% 7 Air¬ Corp 10X 8% . 50 15% 6% 9% 18 Salt Creek Prod. .10 20% 8 * com 4% 100 17 15% Class B 15% Robinson(Dwight P) 7% 1st pref—100 Rochester Button. * Samson United 1 Preferred 101 13 X 14 Pa-Dixie Cement. .* 15 * 9 97 36% 8% 47% 98% 14 37 60 % 9% 30 25 Preferred 15 Rainbow Luminous Product A 11 ..* 130% 17% New com w i X Preferred Robertson Robertson Pap Box.5 Preferred 12 53% 110 112 _ 3% 3% "3% 49 102 13% 10% guaker State Oil__10 adio-Keith-Orph * 29 14 * 6% preferred * Bobbins & Myers. _* Preferred 100 * 39 3% B 60 20% St Regis Pap com. .5 53% 15% 20% 109% 6% preferred-.100 Purity Bakeries—* Pyrene Mfg .10 Quaker Oats * 6% preferred-.100 19% % \VA 8% preferred-.100 21X 26% 118 % Alegre Sugar * 38 .• 11 * Pure Oil Co 5 3% 5% 22% Inc 5 Preferred 100 Ritter Dental Mfg.* Riverside Cement— Class A * Preferred 100 St L Nat Stk Y._ 100 ■ 117% % Cold Storage * Propper McCall'm.* Prosperity Co B—* Publication Corp..* Pullman 70 67 X 35% Preferred 62% 213 Producers Corp. -25c Produce Termmal 2% 20% 20% 54% 62% ' * 11% Pender(D) Groc'yA * Penn Coal & Coke 10 '' North Amer Rayon Com class A * Com class B__._* 5% conv 1st pf--5 ■Z 20 11 - 34 33% 1 8% preferred..100 5% preferred. .100 1 w 33% Common 1% 18% 13X 52 X 41% 7% 11X ,_1 6% prior pref..50 8 Dressed Metals Am_* -'-LL Pressed Steel Car— Proc & Gamble X 4% * 5% preferred.. 100 6% preferred-.100 7% preferred-.100 St Joseph Stk Yd 100 40 % Class B ~3% 15 47 17% 8% 2 25 Richman Radiator. 1 Ryan Cons 33 1 com Penney (J C) Com 3% 3 Nilee-Bement-Pond * Noblitt Sparks....5 Noma Elec Corp 1 North Amer Avia__l North Amer Car..20 $6 preferred ,.* Vending 2% 2% 45 Weighing & Penick & 3X IX 7% 17X 13 X 10X $5 non-cum pf.100 N Y Merchandise-10 Class B x ri* i * North Amer Cement Common ...1 Class A pref 1 a* 6 36 16% * 26 5% 1% 1% 2% 3% 64% 64 101 Warrants 7 % pref old of N Y ord shares * 6X 3% 115 Royal Typewriter.* 7% preferred.. 100 Ruberoid Co _*' 23 * & Newport Indus New Process Co...* Newton Steel.. * 5 5 Pref unstamped _5 Hall W* 64 52% 10% Russeks 5th Ave_2% Rustless Ir & Steel. 1 ; * pref.; % 100% Richfield Oil of Calif Common * "5% 4% 22 X 25 Potrero Sugar Pref stamped conv "4% 25 Royal Dutch Co Prentice 9 71 121% Rice Stix Dry Gds_* 1st pref 100 2d pref.. 100 Rossia Int Corp ii* 58 Patchogue-Plymouth 2X Class B 9 10 26% 27 Petrol & 4% conv pref. 100 Paramount Motors Paramount-Publix 10 6 Prairie Oil & Gas.25 Pratt & Lambert--* 60 Arizona Land * New Niquero SuglOO 100 6% 60 Parker Rust Prf.2% Park & Tilford Tnc.l 57 100 28 H B common 47 5% conv 2d pf_.50 Inc..* 1% 2% 101 Poor & Co class B.. * Class A * 90 10% 34% 5%% conv pf.100 Reynolds Spring 1 Reynolds Tob.___10 42 _* 5 Pocahontas Fuel.100 Preferred 100 Pollack Mfg * 110 i w 5% 1% 14% 26% Porto-Ric-Am Tob— Class A * Pan-American For¬ _ 5% 124 Porterfield Aircraft 1 9 Rights Root Petrol Co 1 100 35 5 18 5% 120% 1% 1% .* 14 22 eign Corp class A1 2% 2% 16 pref. 100 18 Palrpont Corp..100 21% .__* 2% Palmer 90 1 18X "72% 8% 17 7 New Mexico & 68 ' Plough Inc... Plymouth Oil 99% 48 Bros * Preferred 60 Pan Am Airways.10 92 58 9% 38% 10 Preferred Rockwood Co 29 91 5% preferred.. (Thos G) 7% 1st pref % 21% 26% Warrants Mills 14% 26% * 100 Plant 60 2% 17% 10% 8% 25% 15X 6% Pacific West Oil..10 Rig 118 6% preferred-.100 3% 92r*o Packard Motor Trans 14 Pittsb Term Coal--l conv 22% 14% 120% 14% 22% Pitts Screw & Bolt.* 7% 53% -14 97 13% Pitts Forgings 1 Pgh Metallurgical 10 Pittsg PJ Glass--.25 Pittston Co Plant Reduction 12 95 * _ Class A Class 7% 52 6% preferred-.100 88 98X 17% 10 common 46 7 % preferred. 6 Pac Eastern Corp. .1 Pacific Finance Corp 25% New Idea com * N J Worsted pf__100 2nd pref NY Dock " Pacific Coast Co. 10 1st preferred * 2d preferred....* Reel 42 li* Per 6 5 Riley Stoker Pleas't ValWine Col Pac Amer Fisheries 5 Pacific Can * Paraffine Co Pirelli Co of Italy Am shs 500 lire—. 17* 16% Pitts United Corp 25 * Transport 24% 28% 3% Pittsburgh Steel 55% 115% 23 28% 2% $5 preferred 20% 8 23 134 * Oxford Paper com.* $6 preferred A___* 7% 22% Pillsb F1 Mills com_* Pines Winterfront.l 42 85" 6% pref... * Owens-Ill Glass. 12 X of Calif com 1* Pitts Coke & Iron..* 3X 1% 3% • 25 8 % conv pref. 100 Pierce Petroleum..* Pilgrim Explorat-.l 131 20 * 19 * 100 com. 24 125 100 Cushion 6% 39 % 15 New Hav Cl com.25 N Y Investors 1st pref 109 22 . common 16% 5 5 com Pitts Coal (Pa)..100 15 101 ..* . Parker Pen... * 6%% pref -17% Corp 7% 15% 25 com 16% Pitney-Bowes Post. * 32 8% conv pref. 100 Pantepec Oil Co.. 15 Lime units 3% 30 3 B 54 47 (Albert) com.l 66 23 12 110 Cord¬ New Britain Mach New 100 96 5 Pan-Amer Southern 1 Panhandle P & R_ * IX 5% preferred.. 100 age common....5 Preferred 100 New Bedford Rayon Class A... 25 New Bradford Oil..5 13 X 210 3% 65% 7% * 43 X 94 Newberry (J J) Co- Bedford 75 13% 190 Outboard Mot A__* Pan Am 3% ... 4% % pref New 14 Class B ...1 Pan Amer Match 90" Preferred Common 12 Outboard Marine & 3% 12.50 Nelson 111% 111 6% preferred-.100 Otis Steel.... * 7% prior pref. 100 $5.50 conv 1st pf.* 7 % preferred 100% 63% Pierce Oil Corp 8% conv pf A. 100 Oneida Ltd coml2 X Preferred 25 Manufacturing 8% 63% 6% Reo Motor Car Rep Port Cemcom.* Repubic Steel 7% cum pref..100 5%% conv pf.100 Reybarn Co Inc 1 Reynolds Metals. .* 80 69 Phillips Petrol....* Phoenix Hosiery 5 7% preferred-.100 11% 1 Elevator 1 100 20 X _ 46% 93% 5 % % Pref 11 72 Oldetyme Distillers Tire w* 15 20% Oliver Farm Equip.* Warrants Omnibus Corp vtc. * Overman 50% * .... $5 preference. Ozark Corp 10% * Nat Supply new.. 10 7 % preferred 100 Nat Tea common._* Preferred 23 100 7% preferred. Outlet Co 49% 1% Preferred Pierce Butler Rad-5 Pierce Governor.. _* Oilstocks Ltd * Okonite common 100 Class 30 Nat Shirt Sh Del..* $6 preferred ...100 Nat Steel Car Ltd.* Nehi Corp com Neisner Bros 18% * ... Preferred .100 Ohio Seamless Tube* 70 38% iiM $4 preferred * $6 preferred * Phil & Read C & I_* * Ohio Match Ohio Oil Otis it* Preferred 10 Revere Cop & Br._5 Dairy Prod- Car 16 80 6% conv pref. 100 6% prior pf A. 100 Repro Inc com. * 25 Par Pierce Arrow Motor 60 15X 2% 41% Nat Service Cos * Conv part pref..* Nebel 59 Oppenheim Collins.* O'Sullivan Rubber. 1 - A'i Phelps-Dodge Preferred 160 r 135 —*.f • Nazareth Cement 240 233 r 37 * Navarro Oil 100 SIX * Cotton Preferred 50 Pfeiffer Brewing * Pharis Tire & Rub.l Pick 34 Radiator.....* National Tool Nat Transit Ogil vie Flour Mills. * 7 29 X „5%% preferred-10 . 32% 6X Onondaga Pottery.* 51% 7% Nat Print & Appli.l Natl Pump com * Nat Steel Corp Nat Sugar Refg 39 % 5% preferred.. 100 ..... 32 159 95 Preferred 80 Nat Oil Products..4 Nat Paper & Type— Common 100 $7 preferred 17% 70 Steel Castings * Nat Mfrs &Stores 5i» Nat Rub Mach Nat Screen Serv * 1 128 6% pref B 100 National Leather. 10 Nat Licorice com 100 6% preferred. 100 Nat Lock Washer.20 Nation'l Malleable & Nat 39 38% 154% Lead---10 7% pref A....100 _ 15% 13% 15% 13% pf_100 7% 37 6% preferred..100 1% 50c Nat Fuel Gas. * Natl Gypsum com.l 1st 30 5 8% 1st pref 5% 1% 1 Class B 50 Ohio Leather 35 30 5 71 4 Ohio Brass B 112% 110% 18% 7% 30% 30 Class A - 21 7 Nat Dist Prod ♦ Nat Enam & Stpg_* Nat Fire-Proofing 50 Nat Food Products — 18 109% 18% 6% preferred-.. 10 «. 22% 8% 1% 5% 23% 8% % Phillip-Jones Corp.* 7% preferred.. 100 Phillips Packing * 4% 31% Pharm 12% 110 7% pref class A100 7% pr ef class B100 Nat Dept Stores — ■'34% 9% 27 68 ' 34% 12% 17% 20% .. 37 9 25 * Novadel Agene Nu-Enamel 46 Preferred $7 * Nat Cash Reg. .* Nat Container (Del) 1 163 Norwich 3% 35 * 100 com Yeast Norwalk Tire & Rubber 7% preferred 10 Nat Casket com Eng N'west 5 Phila 2% Bid Petrolite Corp Ltd.* 5% %> 5% X Stocks Per share Petrol Heat & Pr..* 80 76 Ask Bid Par Petrol Derivatives.* 4% 3X * North & Judd 25 North Pipe Line..50 N'west 7 % preferred.. 100 Nat Biscuit B Stock* „ 20 18 6% % preferredlOO 83 Nat Aviation... .10 Nat Baking com 1 Refractories A * Class Ask Per share Notn Cent Texas.5 No European Oil__l Nash-Kelvlnator __5 . "I Par 89 possible for the closing day of the month preceding the date of Issue Bid Stocks share No Am Class MISCELLANEOUS STOCKS & as near as 5%% conv 30% 110 8% 3% 35% 103% • 56 13% 2% 34% 53 27% 130 — pf.100 5% 104% INDUSTRIAL 90 & MISCELLANEOUS STOCKS Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Stocks 24"" 23** r preferred.30 30 10** 31 49** pref—100 62*4 Simplicity Pattern. 1 Singer-Mfg 100 Singer Mfg Ltd—£1 Sioux City Stock Yards com * Preferred * 11% 302 5% 69** 11** 304 6** 14% 25% Skelly Oil 15 6% cum pref--100 Skenandoa Rayon.* Preferred * Sloss-Sheff S & O 100 $6 preferred—100 Smith (A O) Corp. 10 59 9954 17 Typewriter vtc- - * 8 14 Sweets Co of Am_50 13% 0% 23% 32% 27% Match...* Smyth Mfg 25 Snider Packing * Smokers 0% 00% 101% 18% 106 35 21 22% 21 ** 22 5% 1% Conv preferred—1 Warrants 7% 20c Soss Mfg common." South Coast Corp— Preferred — 5% 1% 9% 95 Exp-.100 Texas Gulf 5% Southland Royal--* South Penn Oil—25 9% 45% 345* ~o% 8 65 78 10% Tide WAssn Oil.. 10 4%% conv pref.* 32% Tilo Roofing 49 50 Time Inc 23** 86** 45% 23% 89% 45% 32% Timken-Det Axle. 10 31 Tide 104% ~4~~ 17 103 91 12% 101% 22 4% 44% 22% 23% 10% 70 36 % 103 1% 17% 155 20% 17% 32 7% 58% 89% 18% 34 7% 70% 20 * 9% 80% vwm r . 6% preferred.. 100 Stroock & Co * 10% 5 04 5% 04% 43% 4% ~5~~ 11* - 36 r 155* 24** w* 185* 2% 155* 25% 13 102% IV* 1 24** United Wall 9 3! Paper.2 73** 13** 8 % preferred 100 Universal Pictures. 1 147 15*4 8% 1st pref...100 61 4*4 Univ Pipe & Rad—1 Universal Prod * Trans Lux Screen_.l Forging * Transwestern Oil .10 Trenton Vail Dist-.l Products * Truax-Traer Coal. * . Trunz Pork Stores.* Truscon Steel 10 Tubize 20% 15 4** 17*4 10** 19 30c 40c 41 4*4 1% 11% 8% 42** 14 15 135* 13% W " 72 , 6** 10** 9% 100 Corp common * Union Carb & Carb * Union Oil of Calif. 25 J8** 19 Van Nor Mach Tool5 354 3*4 4*4 3*4 5*4 4% 88 '2 conv 7% 1st pref— .100 %6 76 78 < 102 26 Petrol. 1 Vicana Sugar v t 6% part pref 74 72 ' 28** 30*4 5 % preferred Vick Chemical Vick Financial 100 5 5 VogtMfg * Vulcan Detinningl 00 7% preferred-.100 205* 17** 175* W agner 22** 454 Wahl Oo... 100 * pref. 100 19 4*4 80 22** 115 82** 32** Chemical. .* 8 * 48 56 ' 84% 33 8% 50 Preferred com__*| ..*1 121 23*4 92** * 95 126 & * Wire Door common Youngstown * r!' 40*4 74*4 Steel Car common WalkerjH) Good'm & Worts 22** 1 Youngstown Steel 11"% 275* W aldorf 50c 54 100 Preferred 5% System * Walgreen Oo com..* 4**% pref w w 100 23% 11" Young (L A) Spring 1% 117 95 70 $7 Preferred.. 100 3 7% Class B 89** 89** Young (J S) Co. 100 80** 118 * 90 100 7% preferred.. 100 41** 7% 13 * Waitt&Bond Inc A * 110% York Ice Mach 19** — 100 Coach Mfgcl B 7 23 1 Baking 108** Preferred 8% 100 Va Iron C & C..100 13 12 41 * Wyoga Gas & Oil. *4 Yale & Towne 25 Yellow Truck & 1 c.3 Va-Oar Chemical..* 98 Mach. & 150 0% 1% Venezuela Mex OillO 56 100 7% pref A— 100 Pref A stamped 7% pref B 100 Pref B stamped. Wright Aeronaut!.* Wrigley (Wm) Jr..* Wrought Iron * Wurlitzer (R) com 10 105 Van Sweringen com 1 Waco Aircraft._.__* United Carbon * Unlted-Carr Fast..* Nominal. "■ Lines %'* nart pref VanRaalteOo—..5 Venezuelan 101** 25*4 . Veeder Root Inc.. * 89 1*4 . 18% ord. Salt.. 100 Worthington Pump 30** 6 24** 35** 20 Unit Amer Bosch..* 105 10 ** 48 n 5 Am dep rects Preferred * * Milk. $4 preferred (F W)_10 Worcester Van Dorn Iron Wk3* 9% 29% 49% Iron.. 10 Woolworth Ltd— 60 37 30** Transport 5 Woolw'th 47 27 United Air 85. 6 58 93 7% preferred.. 100 Woodley Petrol 1 Woodward 36*4 United Aircraft.. Un Aircraft & 49 5 ** % prior pref. * Valspar com v t c-.l 8% preferred..100 Vanadium Corp...» 2 35** * 4% 13% com Wood (Alan) Steel 1% 45 Union Premier Food Stores com 1 Un St Yds Omaha 100 Union Tank Car * 5 Cement Wolverine Tube 9 29** Portland 10 Wolverine 85 7% conv pref. 100 Valley Mould & Iron Van Camp * com 26 * 4 1 Preferred 50 WJR The Goodwill Station 5 Corp— $6 pref vtc 15 ,n» * Winters & C'mpton 1 Witherbee Sherman 5* Valvoline Oil com 100 101 62 .1 Wilson-Jones 8% 37 Common 20th Cent Fox Film 7% n •— 17** 22** 98 0% United k Last sale, - 10 w* Willson Products. .1 2% Common 11*4 21*4 68 U * Preferred Wilsonite Corp 10 100 Vadsco Sales * $6 preferred.. Line 7% 7% preferred—100 5 17 Chatillon-.l ■ A.:ii-..i^Ll Preferred United Biscuit 23 11 T . Preferred Utica Knit Co 3 4% 10% 9% Wilson Sugar.6 Utah-Idaho Williams Transue & Steel 5 Daylight 1 Wilson & Co * . (R C)__.* pref * Willys-Overland 1 6% preferred... 10 Univ Leaf Tob 22*4 13** * Conv 24 Un Artist Theatre.* 98 $1.25 preferred..* United Stove Oil-O-Mat Wil-Low Cafet :: 18** Transport warr'ts 10154 84** Titus ville com...» Tralue. ♦ 1 10% 10 oar 5 65 pref. ...» 4% 8% 6% 5 Gas Wm Williams 4 7%% pref 8 No & 65 conv 2% 27 Oil F) (H 9} Universal-Cyclops Steel Corp Underw Ell Fisher.* Unexcelled Mfg. .10 Union Bag & Paper Struthers Wells Studebaker Oorp._l Stockyards— Vot tr ctfs 25c Old common Wilcox 73 92 Spencer Warrants 1 $6 1% preferred...10 Steel common...* Willcox & Gibbs..50 33 95 Ulen & Co 6 5% 156 31** Id" 5% * Strawb'ge & Clothier 6% preferred.. 100 7 % preferred- 100 Stromberg Carlson.* 16** 3% ■:>, 15 Conv preferred..* United Stores A...* Common >3*1 20 101 Wickwire 60 129 * * 7 % non-cum pf 100 U S Tobacco Securities 5 % preferred 1 Stokely Bros 1 Conv pref 25 Stone & Webster-_* 8 39 conv 7% first pref .100 5*4 4% * 4*4 Mach .* Whittall (M J)— 16 37 1 * 110 U S Sugar Corp Preferred 24 new White Rk Min SpgsStk trust ctfs * *1 * 1st preferred....* 23** Universal Corp vtc. 1 Common * $1.50 preferred..* Twin Coach com__l 20% 18 Sterling Aluminum 25 Stewart-W arner 5 Stinnes (Hugo)Corp5 U S Stores com $4 69 118** 13354 Universal Cons OI110 Class 103 50 20 Stetson (JB) Preferred • 50 7% preferred—100 14 240 65 7% preferred.. 100 Tung-Sol Lamp 1 80c div conv pref * 00% 84 100 Stern Bros A Common 7 % preferred U S Steel Corp..100 35 Triplex Safe Glass.* Trojan Oil & Gas__l 165 5% Steel Co of Can * Preferred 25 Stein (A) & Oo com * Sterling Brewing... 1 Sterling, Inc 1 Sterling Products. 10 U SSmRef&Mtn50 0% 91 40 Trico 18 t C..1 com 92** U SRubbRecl—* 38 Picture 70% 30% 103% 2% 131 Stanley Works...25 Starrett (L S) Co..* Starrett Corp— com 27 33 2 121 pref * White (SS) Dental 20 ...♦ Shipbuild—* * Transamerica Corp * Transcontinental & 122 8% n-culst pf.100 64% Preferred 100 Preferred White Sew 5% 16** 2% 70% 24*4 21*4 30** 11** 50** 5% conv pref..30 Weyenberg Shoe I Wheel Steel Corp _* 101 3*4 105 Pref deposit rets.. Torrington Co Toledo West Air Line 20"~ Stand Oil (Ohio)—25 1st-preferred 5% 2d pref 50 1 6% preferred..50 U S Realty & Imp.* si* Pulp Pap * ...100 Westvaco Chlorine. * % Preferred Va Preferred 4 12% 9 * US Rubber 8% -- 5 W 59% 62** * 37 25 US Radiator United Shipyards 23 * A Class White Motor 23** * * 14 Weston El Instru—* W Va Coal & Coke. * pref .20 conv 10 * Steel .1 Foundry 20 13 00 \ 8 7% 1st part pf.50 West Michigan U S Print & Litho— 13*4 Am dep rets def__ Todd 41** 152* 155* Westland Oil U S Postal Meter..1 24 235 * Trane Co 44% 46 Stand Oil ofN J—25 Stand Silica......10 Stand Steel S Stand Tube c $1.50 21% 97% 100 Stocks, Inc 25% Brke_* West'he El & Mf.50 Towne 22 * (Ind)...25 (Kan)..10 (Ky)__.10 (Neb)..25 Standard Screw. 100 Preferred A 100 _ Tokheim Oil % 8% 5% preferred..100 7% preferred. Tishman Realty Tobacco & Allied * Sugar. 1 Station-vy 16** 1 Common 59 Am dep rets ord £1 12% 102% 1 Standard Plastics..1 Standard Products. 1 pref ♦ U S Pipe & Fdy. .20 U S Playing Oard.lO U S Plywood Corp 5% 99 Timken Roll Bear.* P Grocer Western 2 52 26 US Lines 21*4 96** * 1 Western Tablet & 18 pr 62** 26** com—1 com 28* 10 Dairies Part conv& cl A.* 8 * Water Oil Tob Prod Expts Tobacco Secur Ltd 105 89 Stand Dredging Stand Oil (Cal) Products 18% v m preferred....* 32 10 5 22 29% 75 16 115 160 $3 106 59 10 £* Common Western pf_100 9*4 41** 28% 18% 31% 22% Stand Commercial 6 **% Pref Sterchi Bros 90% 5 * Exp 1 West Auto Supply— * 7% cum 9 1% 4% 13% $4 conv pref 5 39 9% 22 107% West Air 12 100 1 .100 drift com... 2 20 4*4 80 Juice2** U S Leather com..* 58 1 Co preferred nH 4?* Wesson Oil & Snow¬ -- 1 Common Thompson-Starrett * $3 % preferred * Thompson (J R)..25 Thompson Prod * $5 conv prior pf_ * 7 100 v 38 61** * Westins Air 39 $3 pref conv West Indies 10 Thermoid $3 I" Waukesha Motor. .6 18 12** 5% 1*4 1% : iS* pref * Warren Fdy & Pipe * Warren (Northam) conv 58 Thew Shovel Coal.* 93** New preferred * Standard Brands..* $4.50 cum pref..* Standard Brew * Stand Cap & Seal—1 Conv preferred .10 Common 150 7 $3 5%% conv pf_.50 U S Ind Alochol * 1300 12** 5% 1 . Textiles, Inc Thatcher Mfg * $3.60 conv pref..* Thayer-Foss pref 100 7 Squibb (E R) & Son* $6 preferred * Stahl-Meyer com..* Staley Mfg Co newlO Stand Oil Ctfs sub shares. Texon Oil & Land..2 62 Common....—* Spear & Co * $5.50 preferred..* Spencer Chain Sto_* Spencer Kellogg—* Sperry Corp v t c—1 Spicer Mfg Co * $3 cony pref A * Spiegel Inc com...2 $4.50 conv pref. Square D Oo B 1 Stand Oil 150 * $1 1st preferred.* U SHoffMachin'yS Land 36 35 Sparks-With'gt'n Co Stand Oil Stand Oil 10 Warner-Qulnlan Oo* Warren Bros : oreferred.100 _ 24 * Wellington Oil 1 Wells Fargo & Co.. 1 Wentworth Mfg. 1*4 Preferred. * 125 1 U S Gypsum 7 %preferred _ 14% > 40% 28 24 Spalding (AG)&Br_* 7% 1st prer—100 Spang Chalf't & Co * 6% cum pref 100 com Pacific * Preferred Brower com 100 * US Freight 39 Salph..* Trust old stk__100 So Porto Rico Sug_* 8 % preferred _ . 100 South Shore Oil.lOc S'west Pa P L 50 Tobacco * Tex Pac Coal & Oil 10 Texas Warner Oo com \VA * 04% 7% Corporation 25 Texas Gulf Prod pf conv Welch G'pe Preferred 100 7% $3.85 $7 preferred—.100 Weisbaum Bros 15 77 USFollB aiH Warner Bros. Pict._5 sy< * Preferred Texas Mills Inc Preferred ' Warrants 100 6% 1% 5% —* South'n Pine Line 10 Southern Webbing Class B A U S Finishing 24% 28% 7% 13% 5% 4% 7% 55 V* 77 15% 31 80 * Wayne Pump 1 Webster Eisenlohr.* Preferred 3% Term & Trans com. 1 42 South Dairies A...* 3% 25% Com class B 7% preferred..10f Wayne Knit Mills .5 U S Envelope si* 33 1 B 1 United Specialties.. U S Bobbin&Shuttle Common.. 50 Preferred 100 US Distributing...* 7% conv pref. 100 Class 12% 52% 3% Telaut'g'ph Corp. .5 Corp 5 Tennessee Prod * A7/> 37 J* 45 Tennessee 30c 8% 8 4% ' Inc.. Technicolor Un Shipyards 105 (James)...9 5% % preferred .50 Tampax Inc 1 Tastyeast Inc cl A.l Taylor-Colquitt Co 5 Taylor (K) Dist 1 Taylor-Wharton Iron & Steel com.* 16% 14 ■SB 6 13 100 Preferred-- * Ward Baking Corp— Com class A..._* Walworth Oo 7 10 75 1 13 1 9 2 Unit Piece Dye com* 18* 43% 10% 50% 3% - Preferred 100 Un Prof Sharing * 10% preferred—10 10 Talcott 32 23% 32% 29% 18% 13 % Taggart Corp new.l 7 % preferred * $2.50 pref * 95 Socony Vacuum..15 Solar Mfg Corp 1 Sonotone Corp 1 25 Internatl__15 Sylvania Industrial * Symington GouldCommon ww 1 Common x w 1 165" 30** 15*4 5 15% 6% preferred.. 100 100 7% 53 70% 14 J* 28 66 & Fdy United Fruit 4 1% 22 , 5 _.* Un Merch & Mf!rs_* United Milk Prod.. * $2 preferred * United Molasses Ltd Amer dep rets. _£1 Unit Paper board. 10 Un Eng 34 Smith & Corona Southeast 50 7 Swift 13% 12 1% 20 98 Dyewood.10 United 34*" 13 117 33 49 14 ,12% 7% preferred..100 United Electric Coal Cos com—5 18% 33% Swift & Co. 105 47% 5% 31 • 162 43 Sutherland Paper. 10 Swan Finch Oil... 15 16 28 $5 preferred * Un Drill & Tool.2% United Drug. 5 United Dry Dock..* 47 41 * Superior Steel 100 Susquehanna Silk Mills class A .5 Class B 5 35 1% ' B Class 1% Stores com 18** 4% 5 16c 31% 10c 121 Per share Par Waltham Watch cl B 10c 30 1 6% preferred-.100 United Cigar-Whelen Common 69 Portland Sweets' Steel Co SIrian Lamp cornPreferred " 08 119% 17% 4% 45% 42% Cement class A—* 3% 34** * Bid Stocks United Cigar Stores36 * com Superior 4 coco Mach'y Oil Ask Per share Par % 34 6% cum pref. .100 Sunray Drug... 1 Sunray Oil 1 5%% conv pf__50 Superheater Co * Superior Oil 1 31** 10*4 48** Slmmons-Boardman Pub preferr ed—* Simmons Oo * Simmons Hdw & Pt Common -* Simms Petroleum-10 Simonds Saw & Steel Common * Simon (Franklin) & Sullivan Sun 29 z * Submarine Signal .25 117 115 r Bid Stocks Ask Per share Stutz Motor Oar 134*4 133% SIlex Oo Oo 7% Par 109 6%pfser AAA 100 Bher-w ms Can * Preferred 100 Signode Steel Strap'g 52.50 Bid Per share .-25 Bherw-Williams Stocks Ask Bid Par 5 8 Youngstown Sheet & * Tube 5**% pref-100 88** Zenith 49 49% 19*4 19*4 Radio Zonite Products * 1 89*4 98** 36*4 5% United States and Municipal Bonds " '• V "'•TV' •' Quotations for all securities are as near as '!>■ ■ '.%• ,«*» , '•« . 1 possible for the closing day of the month preceding the date of Issue The custom in reporting prices for State and municipal securities is to quote them on the basis of the return the bonds yield per annum. Therefore in furnishing the prices below, it will be found that for the single maturity bond a bid and asked quotation is published—either actual figures or on a percentage basis. In furnishing prices for the serial bonds, however, we endeavor to obtain the yield basis for the varying maturities. For instance, a certain bond matures from 1937 to 1951 and is quoted 0.50 to 3%—would indicate that the 1937 maturity yields 0.50% and the bond due in 1951 ytelcls3%. v Therefore, in the following list, it must be remembered the word to indicates that the figures shown • • asked prices. Yield Basis UNITED STATES—See 4k» 1947-52—A&O 4s 1944-1954 J&D 3 ks 1946-56..M&S 3ks 1943-47-—J&D 3ks 1940-1943-J&D 3ks 1941-1943.M&S 3ks 1946-1949.J&D 3ks 1949-1952.J&D 3s 1951-1955-.M&S 3ks Aug 1 '41-F&A 3ks 1943-45—A&O 3s 1946-1948—-J&D 3 ks 1944-46—A&O 2Kb 1955-60—M&8 2 ks 1945-47—M&S 2ks 1948-51 M&S 2ks1951-1954.J&D 2ks 1956-59.M&S 2 ks 1949-53 J&D 3s Panama Canal 1961—Q-M 3s Conversions 1946--—Q-J 3s Conversions 1947 Q-J Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury Treasury !<«>•/ »•>, Bid To \'J; '■' i- . ; v ' ... ' Ask ■ Net Hunstvllle 5s funding Mar 1 '42 111 111 100.23 101.6 100.25 101.8 101.23 101 25 102.4 102.6 102.6 102.8 100.30 101 102.2 102 4 1 1938 Sept 15 1938 Mar 15 1939 , June 15 1939 • . K-M,•' - Sept 15 1939 lk% Dec 15 1939 lk% Mar 15 1940 1 X% June 15 1940-——— 1H% Dec 15 1940 lh% Mar 15 1941 1 H% June 15 1941 1 k% Dec 15 1941-.. 100 22 100 18 100 20 100.16 100.18 100 100.2 99.23 99 26 '46.M&N 4s 1958 opt 1938.—M&N 4 ks '57optNovl '37 M&N 4ks 1958 opt 1938.M&N 5s Jan 15 1938-'56—J&J 15 6 1.50 Philip Isls 4Xs 1952 . fis Feb 1952 J&J M&N CALIFORNIA 4ks 4ks 4ks 4ks 4ks 4ks 117k 2& to 2.75 100k 1.90 6 1.80 6 1.80 2" 30 to 2 10 to 2.10 105 105k 106k 106k 105k 105 100 k 2ks 1938-1946. 102 Tax-free in 3 40 to 2.65 1944-1948 to 2 35 6 1.40 to 2.40 J&J to 0.85 0 85 0.85 to 1.60 3.50 1 00 104 k 73 73 6 3.00 : 100 z° t 3.50 % 1.50 % 2.75 % 105 bid side. to 2.50 to 2.10 to 1.90 2.30 '■'''ifR to 2.25 2.50 132 125 6 0.75 to 2.90 6 0.75 to 2.80 'I 123 6 0.75 6 0.75 6 0.75 j;:: to 3.10 6 0.75 ; to 2.90 to 1.85 to 3- 00 6 0,75 to 2.85 6 6 6 6 to 2.75 1?60 0.75 0 75 2.45 0.75 6 2.00 to 2.35 M&N 6 0.50 to 2.75 to 2.35 to 3.00 to 1.90 to 3.20 to 3.05 % to 2.40 to 3.20 % % to 1.95 % Greenwich— 2.90 ^ - *4ks 1938-1942 _M&S 6 0.75 4ks March 1,1938-1951 6 0.75 % to 2.80 % to 3.00 % Hartford 3ks Bdge '55—J&D 6 2.85 *4s Water 1940-45..—J&D 6 1.90 ♦4s Water June 1,1938-'39_ 6 0.7 » to 2.35 *38-'55—-J&J 6 0.75 ♦4ks 1939-1960 -M&S 6 1.00 70 67 to 2.50 to 3.15 to 3.00 to 2.90 to 3.10 to 1.80 to 3.25 to 2.30 to 3.25 4ks 1937-1947—-.-M&S 6 0.50 *4ks Northeast 1959.J&D 4ks 2d North 1944—j-J&J *3 ks South Sept 1955.M&S *4ks Wash't'n *41 -'47 J&J 6 1.85 Killingly(Town)4ks'38-56J&J 6 0.90 Manchester— 3.30 6 0 60 to to 3 35 6 0.60 to 3 30 1 00 to 2.55 6 2.65 to 3.20 to 3.05 2.30 k 2.80 to 1 90 to 2.80 to 2.30 to 2.80 —J&J 6 0.90 to 2.25 1937-55.—M&N 6 0.50 to 2.15 Meriden (pity)— 4s Munic (County)— 2.50 Bldg 1948...J&J 6 2.60 1937-1952 F&A 6 0.40 *4ks School 1937-40-F&A *4ks School 1940-'52_F&A 4k« Water Aug 1941..F&A 4ks 1937-1969 F&A »4ks Sch Aug '37-'43.F&A «4s Park 1937-1943...F&A to 2.70 6 0.40 6 1.80 to 1.80 6 0 40 6 0 40 6 0 40 to 3 to 2.70 TO to 2.15 to 2.15 New Haven— ♦48 Apr 2, '40 tax-expt A&O 6 2.00 ♦4ks 1943-1952 6 2.30 ♦4ks Paving Aug '37.F&A ♦5s 1938-1951. J&J 6 0.75 to 2*60 to 2.75 to 3.10 to 2 10 X Bid prices for long and short maturities. V.-," to 2.55 M&N 6 0.75 4ks 1938-1951 4s 6 0.60 ... __ to 3.55 99 2.45 1938-1944 M&N 6 0.75 Manchester 9th School Dist— ♦4ks to 3.65 to % to •• 6 1.40 to to 2.80 * 1 ks Bdge New Britain 101k lessl % Hartford (School District) 4ks 1938-1943 Middlesex County— 3.30 to3.30 to 3.35 98 k % 2.75% to 3.00 County— Metropolitan District 2 ks Wat Sup *38-'77M&N 6 0.75 to 3.05 4ks Mun Imp '37-'43.F&A 6 0.50 4ks 1937-1965 F&A 6 0.50 Oakland S D 4s 1938-44- -J&J 6 0.50 to Hartford to 3.00 to 1.60 6 2.75 % to 1.60 % ♦4s High Sch 6 0.60 ser , Groton S D 4ks June 1 '38-60 6 0.90 „ 6 1.10 3ks Jan 1 1938-1960 6 1.10 Los Ang Co 4 k? '38-'49_.F&A 6 3.90 Modesto Irrig Dist 6s Oakland 5ks 1937-43..-F&A 6 0 50 101 on to 3.00 A&O 6 0.60 A&O A 1938-/7- -J&J ser B Jan 15 '77 J&J Los Angeles City High Sch Dis 5ks 1937-1954 * M&N 5ks Nov 1937-60 M&N 5s 1937-1964 F&A 4s 1938-1945 J&D 4s 1946-1961 ..J&D 3.20 103 k ':sV'' ,, 2.80 to 2.85 to 3ks 3ks 1.75 to 2.80 M&N 6 1.00 3 ks Sch Dist 1938-61.-J&J 6 1.15 Electric Plant Revenue— Ref 4s 1939 to 1975.J&D 6 1.75 3.15 to 1.25 124 J&J 1938-1951 1938-1969. M&S 6 1.25 5s Municipal 1937-61.-F&A 6 0.75 5ks Harb Imp '37-'61 M&N 6 0.75 3ks Wat Rev '38-'48..J&J 101 310 vr: 2.80 1.60 115 1937 to 1950 J&D 6 0.75 Glastonbury *4ks '38-58-J&J 6 1.00 94 „ 2.10 4ks 3 20 360 3.15 3 25 3 00 to 2.90 120 118 1 ks to 3.15 - 1937-41 to 2.80 120 J&J J&J J&J Fairfield (County)— 1 to to 2.75 6 2 00 L 35 2.50 *5ks to 2.70 J&J 6 1.00 2.75 less 0.50 1.70 4ks Water 1941-70-.1A&O 6 1.90 4ks Sch 1938-1944—3(J&D 6 1.10 4k« 1938-1968 J&J 6 0 75 3.40 lesslX 28 4ks Sch 1950-59 M&N 6 2.85 East Hartford Fire District— to 2.40 0.75 4ks Water 1937-40 O..U 6 3.90 f to 2.20 4ks Sch 1937-49 to 2.45 to 2.35 3X8 Water 6 3.50 6 3.60 to 2.40 0.85 0.85 2.80 3 39 to 1.75 East Hartford (Town)— 2.90 130 2.56 -J&J2 6 1.60 J&J2 6 2.00 3.30 Connecticut.,vf Less 1 to 2 25 6 2.35 6 1.60 1940-1962 4s-Water wks 1937-51 -M&S 6 0.60 2 ks Wat Wks 1956-76 M&N 6 2.75 3 k? Water wks 1952-75— 6 2.90 112k 6 3.49 6 3.00 2.75 6 0.90 Imp D »4s 1938-1968 F&A 3ks improvt 1938-41--J&J »5s Construc'n 1938-49 J&D Bristol 4ks Water 1939—J&J *5s July 1, 1938-55 J&J ♦Cheshire 4ks 1938^5_.J&J Danbury 4s 1946 taxable.J&.T *4ks 1938-65-.. J&D 3ks Fund 1941 tax'le.A&O to 1.40 6 1.60 *50.J&J 6—> 4s ALABAMA ♦ 6 0.85 6 3.05 Birmingham— 3X8 impt ref 1939-50--J&J 4s 1938-1941 A&O 4s 1942-1961 A&O 4ks 1938-1960 A&O 4X8 pub impt Dec 11937— fis sewers Sept 20 '41—M&S Gadsden 6% impt fis schools 1938-40——A&O to to 2 65 CONNECTICUT 2.95 F&A - 117 fis schools 1938-1947—-T&J 102 Bessemer 6s pub impt '38. J&J / 70 5s funding Dec 1 1947—— f 70 to 2.85 1 00 m Bloomfield4ksl938-'52_A&0 Branford (T) 4ks *38-'50 J&D Bridgeport 4ks 1938-65-..T&J 4ks High Sch 1938-63_J&J to 300 ... 114k Sksrenewal class O 1956.J&J 6 3.30 4>£8harbor impt June 1 *38-73 6 3 .75 4X8 highways 1952 M&S 6 3.25 4ks 1956 and 1959 M&S 6 3 35 4ks 1942, 1946. 1949—M&S 6 3.10 4s pub highway 1949-51.M&S 6 3.20 4s refunding 1941-54 J&J 6 3.25 3ks refunding 1955-65—J&J 6 3.30 Annistonref g 5ks Dec 1 1939 102 0.50 0.25 . 93. page 5ks 1944-1963— 5ks 1947-1956 5ks 1964-1973— 5s 1974-1983 to 2 30 Imperial Irrigation District— Refunding 6s 1983.. J&J /68k / 65k Refunding 5s 1983 Los Angeles 4 ks 1938-51 J&D 6 1.15 4s Water 1937 to 1945.M&N 6 0-60 110 6X8 Aug 1941 110 Puerto Rico— :.;.4Ms July 1952 J&J 111 4ks funding 1963..--.J&J 6 3 75 5s July 1948 opt '43—J&J 111 fis Jan 1 1950 opt *44—J&J 6 3.15 4s gold 1953 J&J 6 3.50 1943 to 6 0.85 - to to 3.15 2 ks Sewer Disn *47-'56A&0 6 2.00 to 2.40 F&A 6 2ks Feb 1 1938-1954.F&A 6 2ks Feb 1 1938-54—F&A 6 Alameda 4s 1937 to 1941 _J&D 6 4ks Mun Imp *38-'48-A&0 6 6 Alta Irrig Dist 5s Bakersfield 5s 1937-52..A&O Berkeley 5s 1942-1951 J&J 6 5s School 1938-1955.. J&J 6 East Bay Mun Util Dist— 5s 1938-1974 J&J East Contra Costa Irrig Dist 6s Golden Gate Bridge & H'way3ks series C 1942-1971.J&J'6 to 2.65 H5k m? to 2.65 1.00 !p;'; AC. 2*65 6 0.50 2ks State H'way *39-'54.J&D 6 1.25 3s warrants 1939-1951. J&D 6 1.25 2ks warrants 1952-'54.J&D 6 3.00 6 1.75 Colorado Spgs 4s Mar 11941 4ks 1938-1939 J&J 6 0 75 Denver (City and County)— 4ks Water 1944 J&J 6 2.00 4ks Ref Wat 1938-67. J&D 6 0.75 4ks Water 1962-1965-J&D 6 2.90 S D No 1 4ks 1938-53.J&J 6 0 75 S D No 1 4ks 1938-47. J&D 6 0-75 4s July 1941-1945 J&J 6 1.45 3.65% March 1. 1950-54— 6 2.20 2ks Sew dist 1947-56.A&O 6 2.00 Moffat Tun 104 6 0.40 3s Feb 1938-1952 2.25 6 1.0Q 6 103 6 0 40 3ks Jan 1 1940-1949 2.25 6 2.35 to r,Y 3.20 % 2.90 3s Munic Wat 1963-72-A&O 6 2.60 3 ks Mun Water Retire 1963-1972 A&O 6 2.60 4.50 4.00 1.50 to 4.00 4.25 4.00 103 k 104 102 103 Highway 1938-48-J&J30 1938-1947 F&A Olympiad 1938-71—J&J2 1938-1940 F&A 1941-1947 F&A — 2.90 6 2.40 6 1 ' Univ Bldg Jan5'38-65J&J 6 0.85 4s Harb Imp 1985 opt 5s Jan 2 1941-1943 to 3.00 108 fis July 1954 opt 101 110 less 1 _ 4ks 1948-1952 to 3.10 105 — . less 1 less 1 Veterans Welfare— 6 2.00 3.40/ to 3 20 — less 1 6 3 75 J&J J&D 5ks 1945-1964 5ks 19.50-1969 SI ON 105 4ksl950 4Xa 1957 4X8 Oct 1959 fie April 1955 106 4.75 % 6f3.50 3.50% 6f3.50 3.50% Little Rock S D 4s '38-*55 M&S St Francis Lev D 6s 1947.J&J 4s Jan 2 3X8 Sept 15 1940-53.M&S Hawaii Terr 4Xa '49.M&S 15 4Xs Jan 1945 4^sNov 15'37-'56_M&N15 4Xs Oct 1956 opt '46 A&O 4ks Nov 15 1937-58—M&N Z 4s Aug 1947 opt 1937 -F&A 2.10s July 20 1941-1945 1.70% refdg 1940-44.M&S 1.75% refdg 1940^4.M&S . 6 0.50 to COLORADO 6t3.50 3.50% 4ks Fund 1941-50—M&N 104 TERRITORIES & U S PO SSES Honolulu (City & County)— 6s Pub impt 1956.-J&D 15 6 3.15 to CANADA—See _ „ 4s Water Rev 1938-76.F&A 101k 101k 101k 102 k 110k 101k 102 k 101k 102*4 109 X 100 >4 102 X 100% 103 X 3.30 6 1.00 3.60 .... Bonds 101k to to 2.50 106 Little Rock— 3ksMay l'55opt'45M&N July 1 *46 opt *44 J& J 4s Nov 1*57 opt '37-M&N to 3.00 6 0.75 — 112 2.75 J&J 108 J&J 6 3.50 4ks W Mar 10 1938-.M&S 6 3.50 les3 1 ARKANSAS 89 90 k 4ks Highway... —— 91 92 k 4ks Highway... 92 k 93 k 4ks Highway 95 k 94 k 4.50 4.00% Hot Springs 4 ks'*37:,50'-M&S 100 k Loan to 2.25 to 2.95 _ 106 .l„. 3.00 to 6 1.25 6 0 75 . 104 6 5.00 Prescott 5s 1948 Tucson 5s Water 1950 103.29 103.30 103.11 103.12 104 5 104.10 102.5 102.10 100.18 100.21 4s v 3.60 3.70 100 k 5s Jan 1 1954 opt 1934—J&J 6 3.75 5s W W 1938-1950 J&J 6 3.75 Phoenix Un H S D 4ks 1948 100k 100»,6 100k to 2.90 to 2.20 to 3.35 - 99 k 97 104 Highway 6s Jan 15 seriallyPhoenix 4J4b *60 opt '30-J&J 4ks 1938-1956 J&J 4ks Court Hse '37-*48.J&D 6s Jan 1 1946. _.J&J 100 20 100716 to 2.85 ARIZONA 101.2 lk % cons deb Apr 1 1938— 1ks July 1938 3.25 to to 1.90 4ks Wh & Har ,38-*52.J&J 4ks Water 1937-1964 3 ks g July 1, 1938-44. J&J San Francisco (City & County) fis Water 19o8-1969 J&J 4ks Water *57 *58, '59.J&J 4ks 1938-1951 —J&J 4ks 1937-1951 M&N 4ks Water 1938-1977-J&J 4s Water Distrib 1937-53 4s W .t Distrib '37-'63 J&D San Joaquin Co 5s '38 '49.J&J Santa Barbara 5s '38-41 JanlO 4ks gold Aug 1943—.F&A Turlock Irrig Dist 6s West Side Irrig Dist 6s 100 103 ... School No. 1 5s 1945...J&J Federal Home Loan Bank 3s May 1'56 opt 97 104 Maricopa County— 100 21 100 Net , 5ks serial _ : 94 T&J Tuscaloosa (City)— I lk% Mar 15 1942 100.25 100.27 Home Owners' Loan Corp— 3% prin & int guar ,44-,52 103.5 103.6 2 k % prin & int guar '39-'49 101.12 101.14 2 k % prin & int guar *42-'44 100.31 101 2% prin & int guar 1938— 101.9 101.13 1 k % prin & int guar 1937— 100 100.3 1 X % prin & int guar 19P" 100.18 100.21 Ft:. 101 107 6s ref pub impt *38-'53 M&N 108 Tuscaloosa Co 6s Bridge 1941 6 3.00 5s Road 1957 6 3.80 100.20 100.22 100 19 . Federal Farm Mtge Corp— 3 k % int & prin guar *44-'64 v 3% int & prin guar 1944-'49. 3% int & prin guar 1942-47. 2 X % int & prin guar *42-'47 IX % int & prin guar 1939— Instrumentalities of U S Govt Federal Land Bank—Farm 3s July 1 '55 opt '45.J&J ; V 3s Jan 1 '56 opt *46-J&J 100 104 1941-66 J&D 5s W W 1939-1957 6 1.00 4s 1938-42 J&J 6 1.00 Redlands 5s 1938-51—J&J15 6 0.60 Riverside fis 1938-53 J&D 6 1.00 Riverside Co 5s ,38-,54-M&N 6 1.00 Sacramento 4s Jan *38-'45 Opt 6 0.85 Sacram'to Co 4 ks '37-*46 J&D 6 0.50 San Diego 5s W W '43-'54A&0 6 2.20 5s Water 1938-63— J&J 6 0.75 Ask Municipal 1938-1960 J&J 6 0.75 5s School 1938-1966—.F&A 6 1.25 100 J&J 63.80 J&J 100 1939-1952—.F&A 102 Mar 15 1938 Bid 5s 104 96 6s Road 1951 June 15 1938 V: 102 5s Road Tuscaloosa— 2k % Feb J. 103 " 100 Morgan Co. 5s 1938 • 3k% Sept 15 1937— 3% 67 65 .... U S Treasury Notes— , 3?00 Montgomery— 5s Pub Imp Jan 1 1938 99 5s funding 1939-1966—J&J 97 4ks Sanitary Sewer Jan 1*44 95 Montgomery Co 4ks 1957-59 63.80 99.2 116 109 3.40 3.60 101 4ks June 1 1938-1948— 5s School May 1 1945 4ks R & B 1938 J&D 4ks 1939-1958. J&D 100.15 Bonds Orange Co fis 1938-45—.M&S Mobile Co— Gen fund 4 ks To or Net Pasadena Refunding 2-5s 4ks Refunding 1937—A&O 4ks Water & Sew *39.J&J 101.16 108 97 — 103.11 101.16 101.18 100.17 100.18 114 95 4ks Ot House 1938-43 M&N 6 3.60 4ks Ref 1938-1961 A&O 6 3.80 Madison Co 5s Refunding 1940 Mobile City— 1C3.9 98.31 Ask fis pub impt Aug. 1 1937Jefferson County— 103.18 103.20 106.16 106.17 106.30 107 104.29 105 106.27 107 100.13 Bid and Yield Basis To or Bonds also pa ge 19. 117 117.2 112,11 112.14 110.26 111 107.13 107.15 105.27 105.30 106.19 106.23 105.20 105 25 105.16 105.19 101.14 the yield basis; all other figures are bid Yield Basis or Bonds are 6 Basis. / Flat price.; n Nominal, x Will be paid. $ '■ •V:-# BONDS MUNICIPAL AND STATE 92 day of the month preceding the date of issue Quotations for all securities are as near as possible for the closing Yield, basis Bonds Bonds To or Ask Bid Copenhagen 5s June 1 '52 J&D Akershus New London— ♦4%s Imp 1938 M&S 4%s Park July 1942.-J&J 4 Hi s Water 1950--—F&A 5s Dec 1 1937 -J&D Nor walk (C) 4s 1954-1964— „ 0.75 2.15 2.70 0.50 2 90 0.75 0.90 to 2.70 to 0.75 3%s 1937-71 A&O 3%b Sewer 1947-70. J&D15 5s 1937-71 A&O Norwalk (T) 4%s 1942.-J&D 4 Ms Sewer 1940-68 M&S Norwich 4%swater 1939.M&S •4MB 1937-1964...-M&S 15 4%s Refunding 1938.A&0 to Extl Extl 0.90 0.90 (O) s Extl s ser J&J D 1945.-J&J Extl s f 6s(State Ry)'60 100532 t 99s'32 xIOIH t993>32 101% 93 X 93 X a M&S Extl 6s sanit wks 1961 .F&A 0.75 to 2.25 Extl 6s 0.50 to 3.10 0.60 to 2.90 Extl 5 Ms pub wks '62 .F&A Extl s f conv 4Mb '71-M&N to 2 00 Sink fund extl 4s 1972.F&A Sink fund extl 4s Ap* 15 '72 - to 2.25 to 2.40 *2%s 1950-1962 2.75 to .185 to J&D b 0.75 J&J b 0.75 1938-1942 4s Water 1938-1965 4Ms July 15 1938-66—J&J 4ms 1946-1953 J&J •4 Ms Water 1938-64 J&J 6s Water 1937-1951—M&N 5s Water 1952-1971-M&N15 West Hartf'd 4 Ms 1943—J&D 4Mb Mar 15 193848-M&S W HavUSDM%s'38-'56 M&N Westport 4Ms July 1 1938-60 Weston (T) 4Ms '37-*45.M&N Wind am (Township)— 4s 1938-1942 J&J 4s 1942-1952 J&J — b b b b 2.75 1.00 0.75 2.80 b 0.75 to b 1.00 6 2.10 to 2.10 3.10 2?00 106% J&J 104 24 . DELAWARE % % to 2.00 to 2.50 2.50 v 3.25 % to 2.50 Sussex Co 5s 1938-1970—J&J b 1.25 to 3.25 A&O b 1.00 to 2.90 4Mb 1937-1953 Wilmington— 6s 1940 A&O to 2.75 53 X to A&O b 2.10 to 2.40 4s 1942-1948 1.75 % 6s J&J / 33 f 33 Impt 1937-1938 6s Ref & Impt '37-*56 var— Dade Co 5s Oct 1947-54.A&0 106 Ref Bldg 5s 1958 99 Dade County (School No. 2)— New refunding bonds 98 Duval Co Road 5s 1955 HO Duval Co School District No. 1 5s 1937-1955— b 4.10 Escambia Co 6s Aug 15 1951, 100 Gainesville 5Ms July 1938-40. b 2.50 6Ms July 1941-1975 b 4.40 Hillsborough Co 5s Oct 1 1943 101 Hillsborough Sch Dist No 4— 101 Jacksonville— 5s Jan 15 1938-45-J&J 15 6 2.50 - —- 6Ms Jan 15 1940-45.J&J 15 b 3.50 Refunding 2.60s Jan 1 1957 94 Lakeland 6s—Feb 1 1938-41 63 Water & Light 5 Ms 1940-50 110 102 100 ... 110 to 3.50 4.00 ser C2.A&0 104 Extl s f 6s 1960 ser C3.A&0 104 Readjust 4%-4%s "77.M&S Ref s f 4%-4%s '76—F&A Extl re-adj4%-4%s '76A&0 Ext re-adi 4M-4%s'75M&N Extl 97 68 96 M&N b 3.50 5Ms 1940-1950 M&N b 4 .25 Ref 4Mb non-opt 1947-56— b 4.15 85 New Smyrna new refunding— £75 Extl 4.00 Orange County 5s 1944..J&J 6 5s J&J 6 1952-1953 5Ms 1945-1950 - 6s 1940-1950Palm Beach (City of) 5s Pensacola 4%s ref 1941..J&J 5s 1958 6 ■ 4.10 4.20 101 102 93 Pinellas Co ref highwa; Polk County 5s July 1 : 6 3.00 77 3t Augustine 5-4sstam'd 1955 6Ms & 6s imp 1937 F&A / 62 102 St Johns Co Road 5s 1946.. 102 Road 5Ms 1944 St Petersburg— - New refunding— 3-5s Oct 1 1972 / Suwanee Co Road 5Ms 1946. 103 4.30 4.40 69" I 4Mb Impt 1937 J&J [Jan '35 ~ 96 80 65 64 67~ 101% 102% '100% 100% 82 X 101 83 x 83 x 83 62% 83% 84% 84% 87% 63% 28 28% 30 31 f r 13 9m 45 38 38 38 104 104 71 s Extl s Extl s f 6s A&O 1960 f 6s Feb 1961 ...F&A f 6s Sept. 1961—M&S Extl Ry ref os 1961 ..J&J Extl sf 6s 1962 Extl s f 6s 1963. ...M&S M&N 6% assented Chili Mtge Bk 6 Ms 6 4 60 4.10 % S f gu 6 Hb Jne S f gu 6s 1961 99 3.90 % 6s 6 98 4.30 96 98 *57 J&D31 30'61 J&D31 1962 6% notes 1931 6s stamped 1931 55 56 / 23% / 23% / 23% on) -1947 f 23% 24 25% 25% 25 - —A&O M&N J&D - Hukuang Rys 5s £. J&D 15 Coup No 39 due Dec 15 1930 Coup No 38 due June 15 '30 Cologne Germ'y 6%s'50-M&S Colombia Rep 6s 1961- -J&J 6s Oct 1961 A&O 16m 16m 14 61% Scrip issue of 1933 Scrip Issue of 1934 Mtge Bk— 20-yr s f 6 Ms 1947 75% 76 78 79% — 24% 23% f / / / 23% 23% 16m 13% 11m 48% 39% 39% 39% 20% 20% 20% 17% 17% 17% 17% 20% 20% 20% 20% 20% 20% 19% 19 18 18% 18% 18% (Rep)—8sA*48 J& J Certificates of deposit Estonia (Rep of) 7s, 1967 J&J Finland (Repub) 6s '45.M&S Frankfurt-on-Main (Germ)— ♦ Connecticut. J Called Aug. 1 at 100. To be called Nov. 1. Tax free in x a 25% a 1 U7JB 64% 55% 99 99% 107 / 23% / 24% A»UO—— 105% 23% 25% 120 107% 104 99 7s plain 1949-..- 110 100% 100 97 7 Ms plain 1941 / / / / German Govt In tern at— 5Ms loan of 1965 J&D 5 %s unstamped 1965 StpdfCanadian holder)'65 German Extl 7s '49 stampA&O 7s unstamped 1949 Default coups July-Dec'33. Jan to June 1934 35% 90 24% 36 24% 25 / / / / 28% 27% 25% 34% 29% 28% 95 25% "35% 30% J11* 40 .... 41 Jan to June 1935- 39% 38% 37 ! 28 26 24 22 July 1937—.— 6% Scrip 9% Dawes coups Dec 1934 stpd / April 15*35 to Oct. 15'36. /. 18% 12% Young coupons Dec 1'34 stp Gt Brit & Ireland—See British Greek Govt s f 7s 1964—M&N 7 9 19.. 12% 15% 14% June 1 *35 to Dec. 1 '36— German Prov & Comm Bk« (Con Agr Loan)6%s'58 J&D Graz(Mun)Austria 8s'54M&N 33 29 106 , / 40% 36 Sink fund 6s 1968-—-F&A / 35% 48 Guatemala 8s 1948 M&N 101% Haiti (Rep) 6s extl 1952.A&0 98 6s 1953A&O " 166" Hamburg (State of) Germany Gold 6s 1946 A&O / 23 Hanover (City) Germany 7s*39 / 25% Hanover (Prov) Germany— 6s 1st series 1957 F&A / 23 6%s 2nd series 1949—F&A J 24% Havana—1st 6s 1939 Q-J 90 2d 6s Q-J 90 Heidelberg (Germ) 7Mb'50J&J f Helsingfors (City) Finland— Extl s f 6%s 1960 A&O 105% Hessen. See Munich Bank Hungarian Cons Munic Loan s f g 7 Ms 1945 J&J f 23% Extl at 7b Sept 1946-.J&J / 23% Hungarian Land Mtg Instit'n Mtg 7%s 1961 ser A—M&N / 22% S f 7 Ms 61 ser B ($ bds)M&N f 22% Hungary (Kingdom)— Sink fund g 7 %s 1944—F&A Irish Free State 5s 1960-M&N 85% Italy (Kingd) extl 7s *51.J&D 31% Prestito Redimibile 3 %s. , 25 27 — 26 26% „ 17 % 10 20 Ital Cred Consortium for Pub wks ext 7s B'47 M&S Pub Util Credit s f 7s'52J&J 21 29% mi Extl 29% 84 63 23% 23% 23% 30 24% 24% To be called Sept. 1. Basis, 93% 80% 78% 74% (City) Peru f 6Ms 1958-. -M&S / 18 (Prov)7%s'5QJ&D 100% Luneberg (City) 7s 1948.M&N / 24% Maranhao (State) Brazil— Ext s f 7s 1958 M&N / 32 Medellin (Munic) (Colombia) 7s extl Dec 1 1951—..... / 14% 11% / 6%s 1954 Mendoza (lYov) Argentina 100% 7Ms extl s f 1951.....J&D 93 Stamped.. d To be called Oct. 1. f F at 63 "86% 32 83% Lower Aust 29 82 "24% 73 Leipzig (City of) 7s 1947F&A / 23 Lima • 72% 29 23% 24 >;v24^ 82 73 18 a A&O !&,A —- Nominal, "25% El Salvador Japanese Government— Sf 6 %s 1954. .F&A Extl s f 5Ms 1965 M&N Oriental Dev Co 6s'53.M&S Orient Dev Co 5%s'58M&N Jugoslavia—See Mtge Bank of 61 — Sink fd 7s(of 1926) *46 M&N Sink fd 7s (of 1927) *47 F&A n 76% 26% , . Colombia ser 77 . (Rep) ext 7s 1942.M&N Extl 70 73 1969 Jfc 70 70 1969 Dortmund Munic 6s 1948 Dresden (Ger) ext 7s *45 M&N Duesseldorf 7s to 1945 Duisburg 7s to 1945 95 90 7% assonted % : 77 Jan to June 1936 July to Dec. 1936 Jan to June 1937 17% 21% 19% 6s A 1952—. ser 79% 77 July to Dec 1935 Chili to 3.75 5 Ms of '26 ext 1st 5 %s of '26 ext 2d 95 106 - Bank of Dominican Rep 5%s '42.M&S 2d Series 1942 5%s Cust Adm 1940—A&O 2nd ser 5 Ms 1940 A&O 92 ' p 68% 106% 102% 100% July '34 to Dec 1934 97 ■ 100% 67% 105% 102% 100% J&J 91m 92% 29 CITIES coupon 29 m 15% 20 X 17X 20 X 20% 20% Agricul Mtge Bk (Colombia) 7s 110% Chinese Government— New refunding 2-5s 7s 103% 27 FOREIGN GOVERNMENTS 6s 6s 103 F&A ?50 101% 99% 84% 6s series B 1951 A&O Chilean Cons Municipal LoanExtl s f 7s 1960 ser A..M&S West Palm Beach— AND Ser A int ctfs 1938.A&015 Central Bank of Germany 1953 Funding 3s 1946 390 % 104 4.30 101 —.M&N ...F&A Extls f 6%s 1952 ^ 27 Tampa— 5e June 1955 opt *25.—J&J 5s W W Purch '37-72-F&A J&D Farm loan 7s 1950. .M&S 15 Farm loan 6s 1960 J&J15 Farm loan 6s I960—A&015 4 25 6*4.25 7s 1948 Oeara (Brazil) 8s 1947—-J&D Cent Agricul Bank (Germany) 3.75 89 Orlando— Refunding 4s 1938-62.F&A 6100 sec 1955 90 15m 15m Oali(Oolombia)s f 7s '47.M&N Callao (Peru) 7Ms 1944.-J&J / 12m Carlsbad (City) s f 8s *54.J&J f.53% Oauca Val (Dept of) Colombia 15m 7 Ms 1946— A&O 105 104 106% 106% 104 26 Caldas—Ext 4.10 15% 14% M&N / Republic— German Conversion Offer— 25 28 ' Sec s f 7s 1967 J&J Stabil loan 7 Ms 1968.M&N s f 7 % s 1946 .J&J to 3.25 66 Ho"" 92 7 Ms ext 1941 stamped J&D 30 f 4s $ bonds 1984.J&J Bulgaria (Kingdom)— 101 Miami Beach— 5 Ms 1938-1939 s 105 ■, 100 108 101% 102 X 102% 109m J&D f 6s 1960 to 4.00 5s „ 24 23 .—.F&A 8 to 3.00 103 104% 65% French Government— 7s ext of 1949 stamped.J&D 24 22 27 M&S Extl 100 Refunding 5« 1964 24 ... 3.75 37 Danzig Port & Wat Ways Bd 27 96 Bud'pest(Gity)6sJ'n'35coup'62 Buenos Aires (Prov)6s'61 M&S 6s stamped 1961 7s stamped 1952 7Ms stamped 1947 6Ms stamped 1961... Scrip.. Exten 6 Ms 1955 ser B.J&J 114 94 Road bonds 5s 1952 Miami— — s 32% 101% 101% f 8s 1951 ser A..A&O f 8s 1952 ser B..A&O 5%s 27 84 f 6s 1950 f 6%s 1959 s s 44% 22 British 4s 1990 opt '60—M&N Brit Hungarian Bk 7 Ms 1962. 106 104 Leon County 5s July l|1938-40 b 2.50 5s July 1 1941-55b 4.25 Marion Co Road 6s 1952. 101 s 27 22. , ' (State) 7s 1935--M&S 20-year 27 24 Sf 5s 1958 35 45 44% 24 30-yrsf 5s of 1957 114 35 35 14 55 24 6s 1940 Brisbane (City) Australia— 60 55 110 Coral Gables 5 Ms '38-'56 A&O / 33 Districts No. 4 6s 1937-55Columbia Co Road 6s 1955.. 10% 10% it* 24 Funding 5s 1931-1951 Funding scrip Bremen FLORIDA Brevard County School Tax Ext Ext - 4s of 1889 A&O b 1.25 23% 44% 4s of 1910 to 3.10 44 4s of 1900 to 2 75 A&O b 2.70 25 10% -—. 4Ms of 1883 4Msof 1888 Extl Czechoslovak 32 34 Customs Administrations— 5 Ms of '22 ext 1961 20m 22 m 9X Brazil 8% ex 1941 J&D 78 Cent Ry elec 1952—J&D Extlsf 6Ms (1926) *57.A&O Extl s f 6 Ms (1927) '57-A&O 5s of 1895 5s of 1913 34% 29 30% Cuban 5s 1944 opt 1911—M&S Extl g 4 Ms *49 opt F&A Extl g 5s 1949 F&A Extl sf 5Ms *53 J&J 15 5 Ms Pub Wks June 30'45J& D Serial 5 Ms 1936 J&J Serial 5%s 1937. J&J Cundinamarca Dep (Colombia) 102 25 25 J&J M&S 4%sBldg—Con*53-'62 M&S 6 2.60 4Mb 1937-1950 (s-a)..A&0& 1.00 6s 1947-1949 4s 1938-1941 26 m 22 m 110% 109% 118% 23 X 23 x (Rep) Ext 8s '47 M&N Extl sf 7s 1969 Kent Co OMs 1945-1950-M&S b 2.95 New Castle Co— 5Ms 1938-1944 J&J 6 0.75 29 21 A&O 7s Oct 1947 Bolivia 33% M&N 1949 Denmark ext 6s 1942 J&J Ext'l 5 Ms 1955 F&A Trust rets 4%s 1962 A&O 15 Denmark Mtge Bk—See Mtge 23 19 Bogota (City) extl 8s '45-A&0 Extls f6Ms 1947 A&O Bogota (Mtge Bk) 7s May *47 to 2.75 96% Nov 1 1936 coupon on... _ 23 Bergen, Nor Ex.sf 5s '60M&S Berlin 6 Ms 1950 A&O / 24 24% 6s June 151958— J&D to 230 b 0.75 b 2.05 110 101 Extl 7s 1958 2Ms April 1 1938-1947 2Mb April 1 1948-1957 2Mb April 1 1958-1966 106% 102% 102 ' 2.80 to 2.90 96% Funding 5s 1951 106 % .. to 2 .50 b 0.90 b 1.00 b 0.50 100% 101m 93% 93% — to 2.75 to 104 Barrauquilla 8s 1935-40-46-48 '/ 26 24 Bavaria (Ger'y) 6Ms '45.F&A 19m Bavarian Palatinate 7s 1945 109 x Belg Govt extl 6 Ms 1949 M&S External s f 6s 1955 J& T 109% Extl sf 7s 1955. J&D 117 X 3.00 to 3.00 to 2.85 to 3.00 to b 1.00 102 Baden extl s f 7s 1951 J&J K 20 Bank of Colombia 7s '47-A&0 20 7s 1948 A&O to 2.75 J&D f> 2.40 J&D b 2.50 102 102% 100% 100m 106 x M&N Extl 4 Ms 1956 83 J&J f 7s 1942 s Danish Cons Municipal Loan Australia (Commonwealth)— Extl 5s July 15 1955.J&J15 Extl 5s 1957 J— M&S Austrian Govt 7s 1957 W^baUr.&1962 ♦3s 0.75 J&D b 0.50 I50 pub wks 1961 .M&N 102 88 ' 79 Extl 102 M&N xl01% A&O d 100«32 •4Ms Sch 4 Ms High Sch 1938-'59 J&D Torrlngton— ♦6Ms Fund 1938-'41 J&J 4Mb July 1 1939 J&J Walllngford (Town) 4Mb 1938, 1943, 1948, 1953-J&J b 1937-46 Costa Rica Pac Ry 7%s 5s 1949 f 6s Oct 1959..A&O d 100^32 s Extls f 6s 1960 Extl s f 6s 1960 2.75 to 2.40 Stamford (T)4 Ms '38-'45 J&J 4s 29 F&A 7s stamped 1957 7s stamped 1937 Cordoba (Prov) Argentina— 1 Ext 6s of '23 1957 A..M&S al00532 to 0.75 Costa Rica (Republic)— Extl sec s f 7s 1951— 25% Argentine Repub— 3" 00 Ext 193&965—M&N 13% 13 12X 12% 100% Antwerp (City) extl 5s '68 J&D 10 s: 4s 1942.—M&N 14 25 O 1945 ser f 78 f 78 1957 1st ser_ A&O f 7s 1957 2d ser.A&O f 7s 1957 3d ser. A&O 8s 1946 •Ridgefield (T) 4 Ms Jan 1 '43 Stamford s Extl 65 field (T)4 %s '38-'57A&0 •Plamfield I Putnam (T 4MB '38-'46-A&0 i 4%s s Extl 101% 100% M&N 99 m 12M 12% 12 % 12 % 12 % 11% M&S f 7s ser A 1945 J&J f 7s ser B 1945--J&J Extl 'f.65 to3".66 to s g 4 Ms 1953 Cordoba (City)— Extl s f 7s 1957 98% 23 % M&N Extls f 7s :9o 0.50 s Extl _ - Antioquia Col (Dept of)— 1.70 3.15 3.30 3.15 to 1963 Anhalt 7s to 1946 to 2.90 0.50 *4%sSch March 1938-1953 •4%s Improv't *38-'39—J&J 5s (Dept of) Norway Ask Bid Ask Bid Bonds Net irice. • 94% 80% 79% 77% 28% 23 104% 27 33% 15 12% "95" k Last sale. AUG., 1937] STATE Quotations for all securities are as AND near as MUNICIPAL Yield Basis Bid Ask or Net Bonds Foreign Govts, and Silesia Cities (Concl.) South Wales Mexican Irrigation s f gtd 4 Ms / 4% Mexico (Republic)— 6s extl loan of 1899 1945 5s assented 1945-- 8 8% £20 pieces £100 and £200 pieces— I- t 7 7 71 >4 f Milan(Italy)ext 6 Ms '52. A&O Minas Geraes (State) Brazil Extl 6 Ms 1958 M&S mi i Extl 6 Ms 1959 ser A.-M&S 30 Montevideo (City) 7s '52 J&D„ 71 Extl 8 f 6s 1959 ser A.M&N / 60 _ ~5% 5M 5M s f 5s 1972 ser IX J&D 99% Mtge Bank of Jugoslavia Secured s 10% 54 41) 51)4 52 M r:Mi: 25M 10354 10354 103)4 Sf5Msl950 A&O Norway ext 6s 1943 F&A External s f 6s 1944--F&A 4j4s extl sk fd 1956 M&S 4Mb extl sk fd 1965—A&O Sk fd extl 4s 1963 F&A 100)4 106)4 106)4 99 52 M :54% 50 25 102 M 24 82% 104 > 102)4 99)4 104M 5 Ms Vict Ln Dec *37..J&D 5s N Serv Nov 15, '41-M&N 2 Ms Jan 15 1944 J&J 3s Jan 15 1967— J&J 99M Norway Municipalities Bank Guar s 10254 Nuremburg extl 6s 1952 F&A I Oldenburg (Free State) 7s 1945 / 23M _ Oriental Devel—See Jap Govt Oslo s f extl 4 Ms 1955---A&O Panama Panama Extl s 101)4 / 47 (City) 6Ms 1952 (Rep)ext5Ms'53 J&D 106)4 f 5s M&N / 66)4 1963 Stamped 5% scrip (National Bank)— 6 Ms series CO & D7 '48-'49 f 88 6)4s series A & B 1946-47/ 86 Parana (State) Brazil 7s 1958 27 W Panama Pernambuco (State of) Brazil Extl s f 7s 1947 M&S Peru sec s f 7s 1959 M&S Nat Loan extl 6s 1960-J&D Extl s f 6s 1961 A&O Poland (Rep of) 6s 1940-A&O Stab'n 1 s f 7s 1947-A&O 15 Extl s f 8s 1950 J&J Porto Alegre (City) Brazil— / / / / Alberta (Prov of)— Gold 5 Ms 1947 5s 1950 Gold 5s 1959--— ^26 25% 4Ms Jan 15, 1942—J&J 15 Deb 4Mb 1956— A&O 4Ms Jan 15,1957 J&J 4Ms July 16. 1958 J&J 4 Ms Apr 1. 1961 A&O 4 Ms June 1, 1967 J&D Brit Col (Prov) 5s *48 -J&J 15 5s Apr 25, 1954 A&O 25 4 Ms 1938-1946 J&D 29 4 Ms 1947-1956 J&D 29 4Ms s f deb Jan 23 '69 J&J23 Calgary 5s July 1,1945—J&J Edmonton (O) 5s '45&'50A&0 ~So' "75% 63)4 50 27% 27 21M 19 5ssf 1955 & 1960 A&O Halifax N S 4s July, 1945 5s Jan, 1951 J&J 6s 1952 A&O Queensland (State) 7s '41 A&O Ext g 6s Feb 15 1947 F&A15 Rio de Janeiro 8s 1946 Extl s f 6 Ms 1953 A&O 24)4 Extl s f 7s 1967 -J&D Extl s f 6s 1968 J&D Rome extl s f 6 Ms 1952.-A&O Rumania (Monopolies) Institute 7s 1959 F&A Russian 6 Ms June 18 1919— _ _ 39)4 1)4 iH Scrip Santander (Dept) Extl s f 7a 1948 A&O / 13 Extl f 7s 1961 M&N Sao Paulo Brazil 8s 1952 M&N Extl s f 6Ms 1957-M&N 15 s / 15 / 31 * " / 26 Saxon State Mtge Institution Sink fund 7s 1945——J&D / 22 Sink fund 6Ms 1946—J&D / 22 6s 1947 25 Serbian 5s 1956 51M Second series 5s 1956— 51 Nov '32-May *35 coupons— 60 Nov '35-Nov *36 coupons. _ 42 Serbs Croats & Slov (King of) Extl 8s 1962 M&N — Extl 7s 1962 ser B M&N 28 3,10 2.40 to 3.00 to 3.00 to 3.00 2.60 99M 94)* 59 fe* 61 59 59 57 M 56 56 56 56 56 992* 992* 97 95 M 95 M 75 75 57 M 57 M 57 M 57 M 57 M 1002* 1002* 100 97 97 80 : 80 80 0 to 2.25 2.25 0 1.75 to 0 3 00 0 3 00 0 50 2.25 2 25 3 20 % * to 3.50 % ?■. to 5 00 to 300 to 3.25 95 100 95 Woodbury 6s 100 IDAHO 4 Ms Cap 4 Ms Impt 1937-47 opt '30 4 Ms Ref 1938 1939 A&O 4 Ms ref 1940-45 A&O 4 Ms Road 1938 opt '27—J&J Boise City 4%a 1951 J&J 5 2.00 to 2.50 b 2.00 Bldg 1938-1939-J&J to 2.50 b 2.00 to 2.50 b 2.20 to 2.25 b 2.00 to 2.50 5 3.00 to 3.10 93 88 83 105 M Comp '38-'43.Aug 1 Comp '38-'43.Aug 1 1 May 1 4s Highway 1945-54 M&S 4s Highway 1955-58 M&N 3 Ms Emerg Rel *37-*47 Dec 15 3 Ms Emerg Ref '48-*54 Dec 15 Bloomington— 4 Ms Serv Comp *38-*44-Aug 4s Highway 1938-43— m 86 103 107 109 M 104 M 100 M 102 100 108M ILLINOIS 4 Ms Serv 4 Ms Serv 4 Ms water 1937-1961.M&S 1.00 to 2.15 1.00 1.00 to 2.05 0.85 2.10 2.50 0.60 2.25 to 2.15 to 2.00 to 2.40 to 2.60 to 2.20 to 2.40 2.00 to 3 50 2.00 to 3.00 % Champaign County— 5s 102 117M 118M 3s 1956 opt 1945-49 3 Ms 1951 opt 1940 3 Ms 1952 opt 1945 3 Ms 1953 opt 1946 3 Ms 1955 opt 1951 4s 1938-1939 1.00 to 1.75 103 M 105 105 4s 1940-1944 4s 1945-1948 2.00 2.90 to 2.80 4s 1949-1950 3.10 to 3.25 99 bor _ 4MS 1955— M&S 103 105 100 107 31 117 108 109 109) 117) 115 116 118 119 110M 111M 111 K 100 M 105 104 114 101 106" 107 M 1938-1956—J&J 107M 115M J&J 4Mb 1938-1942— 4Mb 1943-1960 Quebec (Province)— 101 100 M J&J J&J 1938-1944 4 Ms 1950 105 100 M 108 opt 1945-..M&S2 4M8sfl96l. 113 120 M&N Quebec City— ■>' v; 5s S F (non-call) 1960-M&N Saskatchewan (Province)— 5s 1943 (non-call)—J&D15 5s 1959 (non-caU)-.„M&N 117 100 % 109 109 iZli&l™5-—J&J2 Toronto 6s 1938-1940 5s 5s 5s 5s J&J 1940-1950——I—J&J 1938-1939 1940-1949 1950-1959 4Ms 1938-1939 4 Ms 1940-1941 4 Ms 1942-1945 — 100 100 98M 100 2.75 3.25 3.25 3.30 % to 3.05 3.30 1.00 , . v v? 1 98 M 99 M 99 99 98 98 3.30 3.00 99 M 100M 1.00 to 2.85 3.00 3.40 3.50 to 3.50 1.00 3.00 3.40 3.50 2.85 to 3.35 to 3.50 to 3.60 to 3.35 to 3.60 & District— 4s 1955 opt 1938-'39——_ 4s 1955 opt 1940-'44_. 4s 1955 opt 1945-'47 4s 1955 opt 1948-'54 Cook County— 4s 1956 opt 1938-39 4s 1956 opt 1940-'44 4s 1950 opt 1945-'47 4s 1956 opt 1948-'51.------ 1.00 3.00 3.40 3.50 to to 2.85 3.35 3.50 3.60 to 2.75 to 3 .25 to to to Elgin Sanitary Dist— 110 110 . 4 Ms Mar 15 I960—IMAS 4s Nov 15 1957 M&N15 99 I 99 Chicago Park District— 3 Ms 1950 opt 1946 * 4s 1955 opt 1938-*39 Sanitary 114„ 101 Chicago— 4s 1955 opt 1940-'44_—— 4s 1955 opt 1945-'47 4s 1955 opt 1948-'55 iir 105 4 Ms Jan 1, 1970—J&J 2 1938-1943—M&N 4 Ms 1954 6s 1938 Board of Education— 3s 1957 opt 1939 3s 1957 opt 1941-43 3s 1957 opt 1945-47 3 Ms 1955opt 1946 4 Ms 1954 opt 1944 108 M 116M M&N 15 Road 3s 1957 opt '39-*40 3s 1957 opt '41-'42 Deb 4 Ms 1960 4 Ms 77 P 225 3.40 Spalding Co—5s '38-'49—J&J 0 2.25 Swainsboro 6s 1938-50-.A&O 0 4 00 > 2 25 Valdosta 5s 1938-1942 Jan Ware Co 5s Road 1938-49 J&J 0 2.00 Wat km s S D 6s 1937-50.M&N 1938-49 J&D 3.00 102 M 102M 102 M 78 74 74 81 76 70 *73" 70 67 73 70 101M 5s 1938-1944. M&N 5 2.00 Evanston S D No 76— 4 Ms June 1 1938-1948 5 2.00 Forest Preserve— 4s 1956 opt 1938~'39 1.00 4s 1950 opt 1940-*44 4s 1956 opt 1945-'47 4s 1956 opt 1948-*52 3.00 3.40 3.50 Granite City 4 Ms 1938-48 J&D Jackson Co 4 Ms 1938-46.J&J Lake Co 5s Road *37-'49.F&A River Forest S D No 90 4Mb 1937-1944 M&S b 2 25 2.75 2.00 2.50 2 85 3.35 3.50 to 3 .60 to 3 50 to to to to 3.50 to 3 .25 to 3.50 to 4.00 to 2.25 108 J&D J&D 102 M 108 J&D A&O 115 A&O 103 105 M A&O 107 t Quotations per 100 gold rouble bond equivalent to 77.4234 grams of pure gold. 2.10 to 101 5s July 1, „ Santiago(Gity)Ohile7s '49 J&J / 15 2 50 to 3.00 101 refdg May. 1939-M&N Ottawa City 5s '38 '45—J&J 6s Munic Imp *38-'50--J&J 91 H* 80 Athens—4 Ms June 30 1943— » 3.00 Atlanta—4 Ms Jan 1 1940.J&J 0 2 60 5s Water 1938-51 J&J 0 2.00 4Ms 1938-1956 J&J 0 1.75 100 M ^ 97 Colombia 2.80 to 4.25 102 May 15,1938-43-M&N 15 May 15,1944-57.M&N 15 May 15,1958-68-M&N 15 Hydro Elec Pow Com— 72 .A&O J&D a to 3 4s 81K 4s 1945 stamped to 2.40 0 3.10 0 3.75 Albany-^s 1945 Pulaski Co 5s 193848 J&J Rome 4s Mun bldg'38-'39 A&O Savannah—4Ms ref 1943.J&J 4Ms Drainage 1944—F&A 4 Ms Refunding 1959—F&A 101 % 110 % 4s 26% Santa Fe (City) Arg Rep extl 7s 1945 A&O 4Mb ref 1938-1945.—-J&J &1 25 102 4s 34 % 6s 1943 Sec s f 7s 1940 A&O Santa Fe (Prov) 7s 1942-M&S 4s Stamped 1942 ' i- to 2.25 Deb 4 Ms Sept 15*52 M&S15 ^ 28% J&J M&S i GEORGIA 100 M Ontario (Prov) 6s *43—M&S15 5 Ms 1946-J&J 5s 1959 —-—M&N 4Ms 1944 —M&S 4Ms Jan 15 '38-'47__ J&J 15 4Ms Jan *15 '48-*57-J&J 15 4Mb 1938 M&N 15 4Ms 1939-1970 M&N 15 4s 1941— ...M&N 40 % f 6s of 1928. 1968 J&J •' 4s Pav & Sew *38 to '39.J&J 0 1.75 Marietta 5b WW 1939—-F&A 0 2.50 North Vancouver 5s *60—J&J / 28 Nova Scotia (Prov)— Deb 5s 1960 —M&S 115M Santa Oatharina (Brazil)— 8s 1947—F&A / 28M San Paulo (Brazil) State of— s • 101M 103 M Commissioners— 5s Nov 1, 1969—M&N New Brunswick— 4 Ms non call 1958-M&N 15 4 Ms s f Apr 15.1961 A&015 73 Extl 8s 1950 Extl 7s 1956 , 112M 113)* 1012* 104 _ Extl 90 87 ' to 4.00 105 106 - 26)4 26)4 2454 8% external loan 1936-J&J 84 '38-'57.F&A 6 3.25 Co 5s *38-'48 M&S 0 1.75 102 Metrop Co 4Ms '53.'54&'61 Is May 1, 1965 M&N Certificates of deposit 5M% ext loan Dec 1921 Certificates of deposit — 1)4 Saarbrucken (City) Germany Extl s f 6s 1953— J&J / 22 23 (Mtge Bank) 6s 1947 Salvador 7s 1957 J&J 42 Certificates of deposit 38 4s scrip.--.______-------12M 8s 1948 62 8s ctfls of deposit 1948-56 — 95 3 Ms 33 M&N 98 96 93 88 Aug 1 1946—-,-.F&Al5 Dougherty A&O If 1946--A&0 105 96 94 101M F&A Suf (State) 93 M 92 88 84 103 Macon— 110 «Ms 1959 6s 1933 Rio Grande Do Brazil eXt s f 8s 7s extl s f 1966 92 90 4)^s June 1, 1971—-J&D 111)_ 30 H ~ 107 75 100 4s Elec L & P1941 Lachine P Q 5s 1954 109) m 107% 111% 113M Hamilton—* F&A/ 255* «. Crisp Co— Hydro-elec 5s 108 - Prague (Greater) City— 7 Ms loan of 1932-52. .M&N Prussia 6 Ms 1951—M&S 15 » 99 95 95 95 93 M 93 100 J&D Manitoba (Prov) 5s *44-J&D 2 4Ms 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 4Ms Jan, 1944 J&J 4 Ms 1937-1939 A&015 4 Ms 1940-1951 A&O 15 19 55)4 72)4 53)4 Sinking fund 8s 1961—J&D / 29 S f 40-yr 7)4s 1966 J&J / 2754 7s 1968- J&J A&O 15 A&O * 96M 5Ms 1952. ..F&A 58 1940 & 1941 var. 5s 1945 & 1946 var -HI 5s 1950 & 1951 var-5s Jan 15 1970 J&J14 4Mb 1942 and 1967—F&A Verdun deb 5s 1954 Winnipeg, Man 5s '44.-.A&O 4Ms non-call 1944—M&N 4Ms June 1 1946 J&D 4Ms June 15 1950—J&D15 4s «»«■<* mm 99% . J&D f 5s 1970 110 104 100 0 6s„ T7 W 1938—-J&J 0 2.25 Bibb Co 4 Ms 3.10 194849—M&N 10-year 2 Ms Aug 15 '45 F&A 25-yr 3 %b 1961 opt '56-J&J 30-yr 4s Oct 1, I960--A&O 5s refdg Oct 15. '43—A&O 5s May 1952 .M&N 102 M Ask Augusta—4 Ms Flood'42 M&N 0 2.75 Clarke Co 5s 1938-1944.-.J&J 0 1.75 Columbus—5s 193844—.J&J 0 1.75 (American Dollar Quotations) 106M 4Ms 1946-1901 .A&O 4s £ July 1 1948 J&J 3Ms July 1 1944-45 J&J Vancouver ,B O 5%b '39.A&0 Road. 5s 1949-53.. Dominion of Canada— 108 Bid Appling County— CANADA 104 Bonds 82 42 Hessen 7s to 1945 F&A New South Wales (Australla)5s extl s f 1957 F&A Extl s f 5s 1958 A&O Met Wat Serv & Dr Board 74 6s 1936 / 25 5s 1941 „./ 22 23 Wurtemberg 7s to 1945-M&N lokohama extl 6s 1961--J&D 78% .*•- 60 Nov '35-Nov '36 coupons-Munich Bank— 101 % 692* 69 % Westphalia (Prov Bk) 6s 1933 / 52 51 - 70 IS* 91.14 s f 6s I960-——M&N / Extlsf6s 1964 M&N / Venetian Prov Mtge Bank— S f 7s 1952 ser A——A&O ; Vienna (C) extl 6s '52—M&N Warsaw (City) 7s 1958..F&A/ Warsaw (Land M Bk) 8s 19411/ 100 106 F&A / 71% 682* 682* Extl 32 M 30 % 75 39M 86.54 Uruguay 8s ext 1946 W* To Net or Net Toronto (Concl.) 100 Gold 7s 1943 72 4ik A&O f 7s 1957 6s funding 1956 Second 5s 1956--Nov '32-May '35 coupons. 51M Poland— Trondhjem (City). Norway— Extl s f 5 Ms 1957 M&N tUnion of Soviet Soc Republics Mtge Bank of Denmark— Exch Ask (Bank of the) 1st 6s '47 F&A / 30 Styria (Prov of) 7s 1946-F&A 98)4 Sydney (City) N S W— 25-yr s f 5Ms 1955--.-F&A 104)4 Tokyo (City of) 5s of 1912— 5s of 1912 1952 M&S Extlsf 5Ms 1961 A&O 75% Tolima (Dept of) 7s '47-M&N / 13 5M 5M 4s of 1904-1954 J&D 4s assented 1954 J&D Extl 4s of 1910 (£20 pieces) £100 and £200 pieces Treas 6 % notes '23 ext to '33 (Prov) Yield Basis To Bid;; Extl sf 7s 1958--.—J&D / Silesian Landowners Assn— * Metrop Water Serv—See New Stamped assented 93 month preceding the date of issue Yield Basis To or Bonds BONDS possible for the closing day of the 5|Basis. INDIANA Elkhart 4 Ms WW '38-75 A&O 5 2.00 Evansvllle 4s ref 1942 J&J Fort Wayne— 4Ms 1937 to 1941 A&O 1.75 1942 to 1946 A&O 2.50 1947 to 1957 A&O 5 2.75 / Flat price, k Lastjsale. n Nominal* to 2.75 to 3.25 & 1 securities are as near as possible for the closing Quotations for all Net Ask b 1.75 4Mb Oct 1943.. (Olty)— 1942-1956—J&J30 2.50 to Gary Sch City 6 2.75 4b O H Indianapolis-— b 1.50 5 Ks Track Kiev '38-'47. J&J 4b Eire Dep J'ne 1 '41-J&J 4Mb Sch Jne 16'40 J&D15 b 1.50fc 4Mb 1938-1955 J&J 3Mb City HaU 1939—J&J Indianapolis S D— ( 4s Bldg Sept 1 1946—J&J 3Hs July I 1941 J&J 5s Oct 20 1937-39 A&O 3.50 % to 2.75] 4Mb Inapt 1939-1948-F&A , 1942.-M&N Davenport Indep Sch Dist— M&N M&N J&J 4MB W W 1938-42—J&D 6s Gen Oblig 1938-40—J&J 1939-1940 4Ks 1940-1941 Des Moines 5s 1938-'57 Ind 8 D— 4Mb Sept 1 1945 M&S 4MB 1944 4s Sept 11945"".—'—M&S Fort Dodge 5s Fund '39.A&0 Lee Co Prim Road 2 ^s. 1948 Des Moines Lyon Co 2Mb May 1 1938-47- Marshalltown Ind S D— 6t City Hall 1938-39.M&N Marshalltown— 4Mb Water 1937-42... A&O 4Mb Water 1943-*44. A&O Sac Oo 2Mb May 11938-47— Sioux City 6s '37-'45 .F&A15 6s Ref Aug 15 1940-.F&A15 3.25' to % 1.75 5s Oct 15,1963 5s 1957-1967 3.00! less to to 1.70 6 2.40 less 6 1.40 6 2.25 less 6 to 1.00 2.20 to 2 6 2.25 to 2.20 1 00 1 2.501 1941--J&J 6 1.80 42-46 6 1.75 to )SS 1 1.25 % 1.20 6 1.40 5s 1942 F&A 4^s Wat & Light 1944. J&J 4**s Wat Plant Pur '39. J&J Kansas City 2.00 1.25 2.40 J&J 0.70 Leavenworth— to 2.70 0.75 0.70 F&A 1938-1953 J&J 1938-'54J&J Sch Dist 4 24 s to 2.75 to 2.75 6 1.25 % % % to 3.00 6 3.00 2.75 6 2.85 2.75 % 2.25 % 2.65 % 6 2 .00 1938-1939 J&J 1940-1949 1950-1959 J&J 2.50 % to 2.50 % to 2.60 % 1.00 1.00 1.00 1.00 2.60 to 2.00 to 2.00 to $ 2.40! % groject No 1 July 1 '50 J&J 10234 Project No 2 July 1 '50 J&J 10234 3 July 1 '50 J&J 9 July 1955 J&J 8 July 1 1945 . _. 10 July 1 '50 J&J No. 11, 1952 No No No No 12'1947 Aahland— 4Mb SI '42, '47 & '52M&S Bowling Green—5s 1955. J&J 103 102 M 103 102 101 10™ 6 3.95 6 3.90 Covington— Jan 15'38-'61 J&J15 193£:1950 WW 1938-51 6 3.60 F&A b 3 60 A&O 6 3.60 j&j 6 3.60 Fdg 1952 opt '42..F&A 4Mb School Jan 1 1938-69-. Henderson County— 4s 6 3.50 4Mb rReS W 434s Sewer 1969 b 310 F&j 6 3.10 J&A 6 3 15 2s ?eW0rm19i7-,—^-F&A 6 2.70 2® W,„2? 1950-F&A 109 2" Jan 1 1970 TSeWier F&A 6 3.00 4s ^J&j 6 3.05 3Ks Ref 1943 .J&J 6 2.15 ..A&o|» 3.85 % 4Mb 1938-44 M&N Holyoke— 4Mb 1938-'50 (tax-ex) F&A Lowell 4 Mb 1937 (tax-ex) F&A Limn— 4s *3 8-'39 (tax-exempt) M&N 2.00 to 3.50 107 M 10524 0.75 0.75 0.75 4s bo 2.75 to 1.25 to 2.75 to 2.00 to 1.80% to 2.00 % Sewer 1938-1941 (tax 6 1 00 exempt)...... M&N to 1.90 % Pittsfield— 4s Dec 15 2s Dec 1 1937-1955 0.75 1.50 to 2.00 to 2.00 % Quincy 3 Mb 1938 to '39—A&O Salem 4s Jan 1 *38-*54 tax-ex 0.75 to 0.50 to 0.50 to 2.00 Somerville— 1.25 1.50 to 2.00 0.75 1.75 to 2.50 to 2.40 to 8P4sn?938-44 J&D J&J (tax-ex)...F&A 0.50 to 2.30 6 0.75 to 1.50 6 0.75 to 6 2.60 to 2.80 2.70 to 1.80 6 0.75 6 1.00 Waltham 3^s 1938-45—F&A 6 1.00 4s 1938-1960 F&A Warren Water District— 6 0.75 2.00 6 1.00 1937-1944...J&D 4s July 1 1948-50 , (to 2.20 to 2.90 to 2.60 to 3.50 1937-1945 M& 4^s 1938-1953 —F&A Wellesley (Town) 4s Mar 1 1938-1946—-M&S Winchester 4s 1939-1943 A&O 2.50 3.75 Worcester 1Mb Apr 1 '38-'46- 0.75 to 2.10 1.25 to 1.80 0.60 to 1.75 MEXICO 6 3.50 3.10 See 6 2.00 1.50 6 1.25 to 2.00 6 0 75 to 2.50 6 0.75 4s Ref May 1, 1950—M& Kittery Water District— to Foreign Govts page 6 1.50 6 2.75 1.00 2.60 MICHIGAN ^ 6 2.25 less 1 5Mb July 15 1941 .J&J 15 6 2.25 less 1 5Mb Oct 15 1941 A&O 15 Highway 1941.....J&D 6~2."l0" less 1 5s Highway 1940 .__J&D less 1 2.20 4 Mb Highway 1943 —F&A less 1 4 Jis Highway Impt 1944 A&O 6 2.25 4s Highway Impt 1942..A&O Ann Arbor— * 1.50 to 2 .50 W W ref 4 1938-1948 J&J 2.00 to 2.10 3 Mb 1944-1946 6 2.50 2.40 Battle Oreek— r 61.00 6 2.50 to 3.50 6 1.00 to 3.50 5 6 0.75 to 1.40 b 0.75 to 1.50 2.85 % 4Mb Rd & Bdge '38-'40J* 4Mb 1938-1942 Ji 4Mb 1938-1942 1 6 0 50 to 1.50 1.95 % 3s ctfs of indebt '38-'50— ) 6 0 75 to 2.10 3.80 % Old Town Water District— 3.45 % 3.45 % 3.45 % 3.45 3 30 4s 4s July 1938-1939 July 1952-1958 J& J& Portland— 1 2.75 % 1 75 % 3.00 % 2.80 3.00 1 3 00 % 3 Mb July 1. 1938 to 1939. Portland Water District— 4s Funding 4s 1937-1950 1 Waterville 4Hs 1940-50-. Westbrook 4Mb 1937-48. % . 1.50 to 3.00 % 2.50 % 110 2 85 % 3.80 5 >6 1.10 5s Gen 1946. General 3Mb.. 4s to 3.00 % to 1 2.75J! to 2.50] 2.60 % 3 00 2.60 to 2'.90 .50 ...... J 4s 2.60 2.60 <r Parks 4s 1945-1971. tOl'25 Impt 8 6 2.60 8 6 2.75 1940J 8 on bid side, 6 Basis. /Flat price. 6 3.95 lessl M 6 4.05 less 6 3.35 less 4Mb.. 4Mb— Refunding Water series D— 3 Mb Oct 1 1951-1961 3$|s Oct 1 1937-1950 3Mb Oct 1 1948-1950 4s July 1 1938-1947 6 3.40 less 6 3.50 less 6 3.25 lessl M Street —-- railway 4Mb to 6 3.15 lessl 24 6 1.00 to 3.15 6 3.95 less 1 General & Street Railway— I— 'o to 2.70 % to 2.80 &o: 2.20 3^s Oct 1937-59 General 3s Oct 1 1959-62 lesslM lesslM 80| 6 2.00 to 3 6 3.80 lesslM to 3.15 Water 2Mb Oct 1 1937-62.. 6 1.00 Refunding 2Mb 1951-63 J&J 6 3.80 Rehinding 3.15] 6 1.00 % 2.75 % to 2.65 to 0 6 0.50 to 2 35 3 Mb lessl M — Refunding 3 '57-'62 J&D 6 3.85 Refunding 4a *38-*56—J&D 6 3.90 2.70 sr 61.00 8 6 2.25 * 6 2.35 4s 1956-1965.. lesslM 6 3.95 2.70 8 1 less 1 6 3.90 5s non-callable.. Water 4s—......... 8 6 2.30 9 6 3.90 ..... ........... 4Kb— 4Mb 2.75 9 6 1.00 3.00 to 3.25! 3.25 to 3.25 3.20 to 3.20 3.40 to 3.40 2.25 to 2.25 % % to 4.00 % 4Mb Sewer ^O-'Sl-'Se.A&O 13.75 to 2.10 ) Short Term Bonds- 2.10 Detroit— J 6 1.00 Imp 1943-4£ 5s Water 1961 5s registered — Dearborn— MARYLAND LOUISIANA 1.90 to 2.00 % 4Mb Sewer 1937-40—M&N 11.50 Battle Oreek S D— to 2.50 % 4Mb 1938-1949 F&A 11.50 Bay Oity— 5 Mb w W 1937-1951— M&S 11.50 to 3.25 % 3.50 ) 6 2.80 to 2.90% 6 0.75 to 2.75 J&J 6 0.75 Baltimore— 5s 1938-1961 * Less 0.75 , 4^s 1938-'43 (tax-ex).A&O to 2.00 4 00 t Less 1 on bid side. to 2.25 % New Bedford— to 3.00 4&s 4Mb series E May 1 1942.. 5s series F Mar 15 1943 6b series F Mar 15 1938-— 8tate Pension 5s Dec 81 1938 to 2.75 6 0 75 Needham— 108 2Mb ctfs of indebt, State Highway— 5s series A, B & 01940-1943 5s series A Mar 1 1943 to 1.90 2.00 to 13.50 106M 106 6 0.75 1.60| % 3.75| % wwl937-1970.. A&O 6 4.10 Warren Oo—4Mb '38-'59.J&J 6 4.00 90 1.40 to 2.75 % 3.00 to 3.90 108 105 ':v 3«8ew & Park Sewer._J&D 6 4.00 1941...J&J 6 1.80 n Owensboro—5s Jf 0.75 1.40 4s 1940-51 (tax-ex) —.M&N 1.00 Maiden 4s '3 8-'44 (tax-ex) F&A Medford—• 6 0 55 3 Mb 1937-1942 tax-ex.M&N 106 Highw& Bdge '37-39 M&N 4s Highw & Bdge '40-44 M&N 4s State Pier 1938-1942—M&S 3 24s 1937 M&S 6 3 Mb 1938-1939— M&S 3 Hs 1940-1951 M&S 6 2s Improve'mt 1937-56 —A&O 6 : 2.35% to 1.80 4MB 1938-194 -M&S 4s 1938-55 (tax-ex)—M&N 111 109 107 J&J > 0.50 to 1.50 0.75 1.00 ---a 103 109 4s '"v"\ to 2.50 ,3.30 X i94i-i956:::^Ai Kennebec Water District— 4.40 2.90 Hospital 1951—M&S 6 2.95 4Mb Jan 1 1970 102 4.301 % Louisville—5s Sch 1962..A&O 6 % % % Franklin (Town)— 5s J'way & Bdge '38-'54-A&0 4s Sept 1, 1937-1953 M&S 4Mb 102 M 3.30 % J&D 6 3.10 2.25 5s S D 1938 104 103 102 6 3.50 4Mb R&B Oct 1 *37-'56 A&O 6 ^rington—4s 1945 F&A 6 T 10334 to 2.45 Br4s11937-1947 tax-ex—A&O 6 C1SbOrtii W4W?49. i 4s Wat Wks Sept 1 1937-40 6 0 75 Bath 4s Ref 1941 tax-ex_J&D 6 2.75 Belfast 424s Ref '37-'50 M&N 6 4.00 Brewer High Sch Dist— 103 103 M % 193^8--M&|k §;77| Bra.n2t%nsBiMi::?w^0-75 u Fall River— A&O! 4s 1938-1940 tax-ex Augusta— 4s Oct 15 1937-1955 Bridge Revenue Refunding— to 3.90 2.00 to 3.501 J&D 6*4.00 to 3.901 1957 MAINE Jan to 3.00 to 3.00 2MSb B™A 97 101 to 101 M 102 j 105 105 105 104 105 ! 104 6*4.10 to 4.10 % Shreveport— 5s Dec 1, 1937-1969.„J&D 424s W W & Sew '38-'54J&J 4Mb May 2,1938-67-M&N2 Tensas Basin Levee District— 5s to 3.00 0.50 to 2.50 Metropolitan District-- 101 104 104 Pentchartrain District— 6s 1944 M&N 5s July 1968 J&J Red River A & B B District— 5s 19 0 Series B A&O 5s Mar 1953 opt 1943.M&S 5s 1965 Series D F&A Auburn— Hi* FSkVSSk48 J&J 5s Oct 1952 2.25 % 2.65 KENTUCKY Project Project Project Project Project 95 100 .... 1945-1967 0.75 0.75 0 50 i 6 2.00 Orleans Parish 8ch Board— 5s 1937-1944 J&D 6 5s 0.50 |to 2.901 0.75 101 3.00 Plaquemine Parish E Bank— tax-ex.J&Jit-----irrvnnl — 107 Orleans District— 1.75! % 6 2.40 300 2.60 1945 Sedgwick Oo 4Mb 1940 Shawnee Co 4Mb 1944 Topeka 4Hs 1948 Topeka 8D4Hs Mar 1 *38-'46 Wichita 4Mb 1938-46—J&D Wyandotte County— 4Mb Bridge '38 to *41-F&A 4Mb 1938-1939 J&J 4Mb 1940-1945 J&J ho (tax-ox-)-J&jl6 1> 00|to 1.25| 4s Tun & Sub'59 96 ♦424s 1938-1961 A&O *4Mb Sept 1.1937-'68_M&S 424s Non-callable 1952 J&D 6 150 -i ^ 0.75 to 1.90 (tax ex).M&N 3^s 1937-1951 M&Sl6 3 Mb June 1 1943 J&D 3Ms June! 1944 J&D 3Mb July 1 1945 J&J 6 3s April 1 1938-1957. 6 2M April 1 1938-1957._ 6 2Mb Sept 1 1937-1956-M&S 2^8 1937-1955 -----J&D 6 3.50 3.75 to 4.00 104 5s July ------ 4s Tunnel & Sub 1948 .J&D 4s Sub 1957 tax-ex A&O, 4s Sub 1958 tax-ex J&J 93 5s July 5s July ----- 4^s Septl 1981 -M&S 4 Mb Tun 1960 tax-ex. A&O 4Mb Dec 1976 J&Di—-.---.-5-. to 3.70 July 11940-1952 4s Mar. 1 1942-1964--M&S 6 2.80 2.20 % nn Boston— 103 103 103 103 4s Bonds Saline Co 4Mb 2.00J! 6 -A&O 424s serial 1937-19404Mb serial 1940-1980 Orleans Levee District— 3 Mb July 1 1953-1968 2.90 to to _ 101 101 102 6 3.10 6 3.60 6 3.80 1942-J&J 1950 opt 1942 (old issue) J&J 4s Pub Impt'42 opt '28 J&J to 2.40 6 1.00 1.00 Leavenworth Co 5s 1945 McPherson 4 Mb 1945 Reno Co 5s 1941 104M 4s Constitutional 00 , 6 0 75 to 1.60 4s Public Impt 6 1.00 _ 6 0.50 to 1.00 4Vsei9^84945 107 M 108 4s Floating debt 1948-A&O to 1.40 61.00 1. . - J&J J&J J&J J&J 4Mb 1937-1977 to 2.40 Arlington 4s'38-'42(tax ex)J&J 4s 1938-1939 '39-'49-J&J 5s Pub Belt RR to 2.30 & 0.75 1 Mb Pub Wks__Septl5'37-'40 Is Pub Wks Feb 15 1938-41... 109 24 109 24 10124 5s Pub Belt 1950-59—J&D 4Mb 1938-39 4Mb 1940-49 4Mb 1950-59 4Mb 1960-67 v 106 3.401 3.50 J 0.50 — ' 105M A&O less 2.501 1938-1947.J&J F&A 15 less KANSAS 4Mb Water A&O 15 5s 1956-1970- less 3^s 1956 ref (tax-exem)>J&J 3 Ms Water 1942 J&J 3 J^s gold July 1944 M&S 3s gold July 1 1939 J&J 3s gold Water Jan 1 1941 .J&J 109 109 104 MASSACHUSETTS 4s 1937-52 (tax-exempt) Var 4s Water registd 1938-58-J&J 109 ^ 3'70|% 6 3.65 5si 106 M 107 6 2.50 6 2.40 Woodb'y Co Fund 2Mb 4Mb to 3.50 8an 106 105 105 107 107 107 107 M 107 M J&J '52.A&0 A&O 15 Lake Borgne Dist Levee— 5s Dec 1952 opt 1942—J&D New Orleans— 3.50 to 2.00 to 1.60 to 6 1.00 J&J —J&J to 3.60 6 1.00 3Mb Wat & Sewer ,o7Siy|sz;'Nrl 102 87-M&N 6 3.60 4Hs Sewer g 1973 107 M 105 M to 3.50 % 102 Lafourche Basin Levee— 5s Jan 1954 opt 1944-— J&J| 1.50 6 1 30 Washington 104 5s 1972 1 6 1.50 6 1.00 6 1.00 3.70 to 3.60 J&J 5s 1959-1969 1.75 1939 6 1.25 " 2-00 J&J opt 1941 to to 4Mb Imp July 18 '49 Board or Education— 4Mb 1938-1953 \Net 80-A& 41-A&O ^M38-19B7...A|0 98 103 Fifth District Levee— to less 4Mb 1939 3 Mb 9«waSe OuiXr'd4H8WW Caddo District Levee— 1 00 2.85 1.00 4^s, 1938-1952 4s, 1953-1954 3.75 3.70 to 3.80 I 1.60 Soldiers' Compensation J&J 6 2.30 8 1941-1957. 5s 1950 opt 1940 5s 1952 opt 1942 5s Oct 15.1962 op 4Mb Sewer 1938-47..M&N ?s 1938-1956 J&J Crawford Oo 4Mb Hutchinson— ser 5s 1951 Clinton Oo 2Mb Sioux City S D 6s Ask to 3.70 324s series S 1958-1960-J&J l01or 1,1948- 6*3.80 Oapital Bldg 4Mb Aug 15, '52 6 3.70 Atchafalaya Levee Dist— 2.50 5s Sapt 1937-1972 M&S 10524 2.10 10424 5s Dist ref & imp 1949. M&S Baton Rouge—5s '38-*54 M&8 6 3 60 2.001 75 Bossier Dist Levee 5s "54-A&O 103 to b 2.25 Rapids 4 Hs'49-'53M&N 4Mb 4s to to 75 2 25 1937-1942—-J&D fc 4Mb series D & E 1944-55— b 3.80 5s series F Mar 15.1945-48- b 3.75 5s series K July 1,1947-49— b 3.75 97 M 3Ks series R 1941-60--J&J 324s series Q 1941-60--J&J 102 State Pension 5s June 3.00 IOWA ~~dar To or Bid Bonds 2 10 o b 1.50 Olty— % 2.251 '43-M&N M&S So Bend 45*s W W 5Mb 1941 South Bend School State Highway— I00 to • . Ask Bid Bonds Net Long Term Bonds— Fort Wayne School Dist— 6s Oct 1 1937-1943 Hammon Yield Basis To or To or Bid , day of the month preceding the date of Issue Yield Basis Yield Basis Bonds BONDS MUNICIPAL AND STATE 94 3 Mb 1938-50 J&J 6 2.00 less 1 to 3.85! % «.V ' '' •w , AUG., 1D37] STATE Quotations for all securities AND are as near as MUNICIPAL possible for the closing day of the Yield Basis Bid Flint 4Ms 1937-54___M&S 15 5s (Mar 1 & Apr 1) *37-'50— Flint Union School Dist— 5s 1938-1954 M&S 4Mb Marl 1938-1939 Grand Rapids— 3 Ms Sept 1 1937-1940 M&S Ask 6 2.30 6 2.30 2.20 6 2.15 to 3.85 to 2.75 6 1.50 M&S 6 2.10 Grand Rapids School Dist— to 4Mb 1937-1943 Highland Park— to 2.50 to 2.00 M&S 6 1.60 4Ms April 15 1957 6 3.50 5 Ms May 1 1941 4 Ms School Nov 1 1954 Jackson 4 Ms 1938-47—A&016 6 2.00 4Mb July 15 1955 Jackson Union S D— 4Ms 1937-1945 2.75 2.35 3.25 to 3.50 D 5s Pontiac— Refund 4-4 1942—July 4MB 1940-19504MB 1938-1950 4MB 1946 3.50 % to 2.40 6 3.00 1 97 — to 3.00 to 300 61.50 6 1.50 2.60 to to 2.50 4Mb 1940-1953 4Mb 1937-1948 4Mb 1941-1948 4s 1938-1940 4s 1941-1945 4Ms Airport April 1 1948— MINNESOTA s July 151943 —J&J s Dec 1 1939 2M trunk 2.20 1.75 J&D M&N h'way *47-51 1.85sRuralCreditctfsl941 6 2.20 2.30 to 28 Rural Credit ctfe 1942 Duluth— 4MS 1938-1947 4Ms 1938-1942 J&J 6 1.00 to M&N 61.00 to 1938-1946 J&J 61.00 to Duluth Ind School Dist— 5 Ms 1938-1940 A&O 61.00 to 4s to to Bonds 1.60 1.75 % 2.10 % 3.00 2.30 2.60 2.60 F&A 6 1.50 M&N 6 0.70 % % to to 4 Ms 1.00 1.00 to 2.25 1.00 to 2.25 4Mb Hospital *38-*41.M&N 1.00 to to 2 .25 to to to to to 6 1.90 6 2.25 to 2.30 6 1.25 to ^ _ 5sStImpMay2'38-*41 M&N2 4Mb Apr 1938-39 A&O 4Mb Apr 1940-1952 A&O 4Mb 1938-1940 A&O 4s improvement 1942-J&D 4s 1944 3 Ms 1937-1941 ' 6 1.00 6 1.35 to 1 6 2.00 to 2.80 61.00 to 2.00 to M&N 6 0.75 A&O 6 1.50 2.50 % 5Ms Sewer '38 to '39—J&J 6 1.90 4Mb Wat & Sew '38-'50-J& J 6 1.90 F&A 6 5s to 2.20 0.75 to 4Mb Rd & Bdge *38-*44M&N 6 1.00 4 Ms Rd & Bdge *38-'43 J&D 6 1.00 to 2.60 to 2.60 6*1.25" to 3*25 to 4mb Sewer July 1 '43--J&J 4MB 1938-1959 J&J 6*1.00 A&O 6 1.00 A&O 6 2.00 4s 1938-1939 4s 1940-1061 3155 to 1.75 to 3.25 1 Flood 1938-53 3.50 3.50 3 Ms & 3 Ms highw notes Ser I due 1938 to 1956— 61.00 Ser II due 1956 to 1960— 6 6.90 Biloxi 5Ms 1938-1943 A&O 90 Greenville 5s fund *43-*50 F&A Jackson— 5Ms 1938-1954— A&O 4Mb Jan 1 1938-1952 4MB 1937-1952 M&N Jones Co 5s 1938-1942 -M&N Meridian 5s Dec 1 1939—J&D 4Mb School House 1941 J&J Mississippi Levee District— 5s May 2 1944 M&N 5s July 1 1953 J&J 4Ms Highway 1937-1943.J&D 6 0.50 ~/o 3.50 % », Concord— 4 Ms 1942 to to 5.75 7.75 95 4.25 6 4.50 6 4.50 6 4.50 6 4.00 6 4.00 -4s 1938 1940 3.50 3.50 6 4.50 6 4.50 to 3.85 2.00 2.25 6 2.30 6 0 75 6 2.30 1.75 3.00 Hospital 1946 view—5s, 1944 Hoboken—4Mb 5s School to 3.50 6 1.25 to l.i Buchanan County— Ret 3s 1943-1956 to 2. > D of tsEof 2.80 % 3 Ms to 2 ! 4Mb 1949J&D 4Mb Road 1938-1952.-J&J 6*0.70 to 2~.i 4Mb Court h'se '38-52 J&J 6 0.70 to 2.1 Joplin (School District)— 4Mb 1943-1948 6 2.25 toll ser A 2Ms seriesi D[ May 1938-70Emergency Relief— 3 Mb Jan 1938-1941 5s May 1938 to 1941 4Mb Nov 1937 to 1941 3 Ms Mar 1938 to 1942— 3 Ms May 1938 to 1942 „ 2M Jan 1938 Ed Aid 4Mb / Flat price, n to 2.15 to 205 1.55 to2.55 to 3.60 to 61.75 to 6 1.25 to 2.50 6 1.25 to 6 1.50 to 3.75 95 J&J to J&D to ser to 1943 A Jan 1938-42 V'r llllll v:--" 1 to 2 80 to 3 00 to 1.75 to 3 00 to2.8J 3.30 to to 1 80 to 1.8J to 1.89 075 to 2.00 to 2 00 i-.'r Wr 4.25 % to 3.85 3.40 to 3.00 6*1.60 to 4.20 2.25 2.25 3! 60 iv-' 3.80 % to 4.75 to 4 50 to 4.25 3,80 % I I 3.80 to 4.00 to 3.80 to 3.75 % 93 to 4.00 % to 3.85 J&D 6 1.75 J&J 83 J&J J&D15 t to 3.50 6 1.25 to 4 25 | 4.75 83 to3 30 % 2.10 to 4.00 % to 3.40 to 3.35 to to 4.00 % 4.00 % 2.25 2.75 1.50 6*1.76 J&D 6 2.00 M&N 6 2 00 6 4.75 J&J 61.50 to 1.75 0.90 0.75 3.40 4.25 to 4! 10 6s 1938-1972 M&S 6 1 75 5 Ms Oct 15 '37 to'59 A&015 6 1.50 5s 1938-1958 J&J 6 1.50 4Mb 1937-1983 F&A 6 1.50 4 Ms School Dec 1 '45-J&D 4s Sch house 1959 opt 1949 6*3*60 4s Pas Val sew'61 op VIIJ&D 6 3 60 4s 1938-1970 J&D 6 1.50 3 Ms Track elev 1954..F&A 6 3.40 2 Ms Jan 15 1938-76 to 2.90 i' > ~r-y?■ ■■-' 1937-1942 Newark— to 3 00 Nominal. ti opt 1922 3 Ms 1939-1949 4s 1938 1969 0.90 0.60 0.90 3.00 % to 1938-70-J&D15 61.75 impt *38-'52.J&D 61.75 5Ms 1937-1970 Neptune 4 Ms 1940-55—.F&A 0.75 3.50 % 3.60 4Mb 0.90 6 0.90 3.25 F&A to 4.20 Morris town— 1.00 1.00 3 60 4.10 3.80 m 1.00 3.15 to 3.65 6 1.50 3 Ms 1938 to 1967. J&J 6 3.00 Middlesex County— 4Mb Road 1938-1944..F&A 6 1.50 Imp 3s Nov 15 1938-1948— 6 1.50 Monmouth County— 4Mb Mar 15 '38-'50-M&S 6 2.50 4 Ms Rd & bdg '37-51F&A15 6 2.00 Montclair 4Mb Sch 1941.A&0 4Mb High sch bldg *44. J&D Morris County— 0.60 % to 3.40 to 6 1.50 Lodi—5s 1938-1947 Long Branch 5s 1943 M&N Lyndhurst 3-5s 1938 57—J&J 78 Maple wood (Township)— 4s 1938-1967 J&D 15 6 1.50 Mercer County— 3 Mb April 1&41 A&O Middlesex (Borough)— St J&D 6 1.25 J&J 6 1.75 6 1.15 4Ms 1938-1967 4 Ms 1942 July 1938-1966— 4Ms series B July 1938-07— 4s series O April 1938-69— to 2 ! to 2.! to 3.15 113 M J&D 6 2.25 4s Refunding 1949 F&A 6 4.00 * ' ~~ 4s July 1 6 2.25 1938-1953 Gen ref 3 mb *38-'54—F&A 2.00 3Ms, 1938-1956 J&D 6 2.00 Keansburg 5Ms 1938-59.M&N 87 2.00 *38 - J&J 6 0.70 J&J 6 0.70 -J&J15 6 0.70 (L50 to Z OO to 2 05 *20 Jan '54 opt *39 '20 July *54 opt *39 F of '20 Jan '55 opt '40 .8 A of *24 Jan '55 opt '40 r^s B of 24 July '55 opt *40 Ms O of '24 July *56 opt '41 Ms ser B of '30 July '38-'67 Ms ser C of'30 Nov '37-'69 Institutional Construction— 1.' to 2.: to 6 1.85 5Ms 1942-1953 A&O 6 5s 1937-1969 A&O 6 4Mb School 1937-58—.J&D 6 4Mb School 1945 J&J 4 Ms Water 1961 A&O 6 4 Ms Sch 4 Ms O of *20 Jan *53 opt to 2.' 6 1.40 j to 1.' J&J 6 2.10 81 100 1940—.J&J 4 Ms 1937-1959 Jersey City— to 2.25 Highway Extension— to 2 .: to 77 4.25 4.05 % Com .... Hunterdon County— 4Mb Road & bldg *38-'46J&J Irvington 5s School 1963.J&D July 1940 4Mb series F Jan 1941—... 4mb series G July 1941 4s series H July 1942 4s series I July 1943 4 Mb series A of '27 July 1944 4s ser B of '27 July 1950— Soldiers Bonus 5s July 1941— to 2. 1.85 to to 1938-1954—J&J b 3.75 ' Hudson County— 4Mb 1938-1978 M&N15 5 1.50 4s g Park 1954 & '59.M&N 6 3.60 3.20 3.10 4 Mb series E to 2. 1 90 95 6 2.00 4Mb 1942 F&A 4Mb Imp 1938-1942—J&J 6 2.25 6s 1938-1954 .F&A 6 2.25 3s 1937-1966 M&S 6 1.50 to 3.75 % — toll 4Mb 1943-1946M&S 48 1943-1947 M&S 4s Road 1944-1948 -A&O 4s Nov 1 1948-1952 M&N 3 Ms 1948-1952 4 Ms Road 1938-1942 3s Road 1963-1957 J&D 3s Building 1939-1941 J&J 3s State Bldg 1940-44—F&A 97 — to 3.35 Bridge bonds— 4mb Series A July 1938—4Mb Series B July 1939— 4 Ms series O Jan 1940 4Mb Series D July 1940 4mb series E Jan 1941 Road Bonds— 4 Ms series C July 1939 4 Ms series D Jan 1940 2. 0.70 98 Gloucester Co— „ A&O 4.10 104 4 Ms Water MISSOURI A&O to 100 4Ms Bldg&Rd'38-'45 J&D20 6 1.50 Hackensack •• to 6 2.50 4Ms Mun Bldg 1937-70 F&A 6 1.25 Gloucester City— 4Mb 1938-1966 88 J&D 5 Ms Water 88 1938-1963.M&S 3.50 to 3.60 to to to 3.25 Kearney— 3.75 J&J 6 4.00 4s 1952 optional 1922--J&J 6 4.00 b Basis. to NEW JERSEY 3.75 3.75 3.75 4Mb July 1949 M&S 6 2.50 M&S 6 1.70 M&S 6 2.60 4S 1941-1945 4.25 4.25 4.25 4.25 4.25 4.25 6 4.50 6 4.50 5s Pub Imp 1937-48—F&A 6 4.251 Yazoo-Miss Delta Levee Dist5s 1937-1954 M&N 6 4.00 4MB 1938-1950 4 Ms 1938-1950 1938-1969 Essex Fells (Boro)— 5s July 28 1938-1960 to 3.00 J&D 6 2.25 4Ms *38, *40. '42. '44.M&N 6 1.00 Keene 4Mb 1938-1942— _M&N 6 1.00 Manchester— / Vicksburg 1948-1950 July 1938-1948 ——J&J 6 0.75 4s June 1938 .J&D 6 0.85 4s Highway 1937-1943—M&S 6 0.75 3.50 6 3.80 J&J 6 3.80 A&O 6 3.80 May 1 1939-50-— is Impt 1953 Jackson County— 4s 1938-1951 Joint , M&S 6 3.80 is 4MB 1938 & 1939 4s to 3. NSW HAMPSHIRE 4s Impt 1938-1946 4Mb Road 4Mb 1937 to 2 5s 1948 J&D 6 3.40 Omaha SD 4 Ms May 1'55M&N 63.30 York School District— 4Mb 1938-1955 J&J 6 1.50 MISSISSXPI [s to 1, • A&O 6 1.00 to 2.50 5s School July 1 1951—J&J 6s Gen'l impt 1938 -62--J&J Highway 1937-46--A&O 6100 4Mb 1938-1959 J&J 6 2.00 Omaha— vV. 4 Ms Wat wks Dec 15 *41 J&J 6 2 00 4mb May 11956 M&N 6 3 30 July 11951—J&J 4Mb W W 1938-42 in % to 2 Fair Holdrege S D 5s 1938-55.J&D 6 2.50 Lincoln School District— 4 Ms 1928-1953 M&N 6 1.25 McCook Fund 5s '37-43.F&A 6 1.80 North Platte Sch Dist— 2.75 River Glen Ridge— Beatrice S D 5s 1938-54—F&A 61.70 Douglas County— 2.75 to 2.25 4.00 6 2.50 6 2.25 M&S School 1938-1974.-A&O Elizabeth— 4 Ms 1938-1957 A&O 5Mb Dec 1 1937-1946.J&D 6s 1938-1972 J&J Englewood— 5s 1938-1944 A&O Essex County— 4Ms 1938-1960 M&S 15 NEBRASKA to 2.50 to 1938-1940 3 to 3.00 M&S 6 1.00 J&O 6 2.00 Ramsey County— 4 Ms 1937-1950 „ 75 to 2.10 2s 1938-1946 A&O 6 1.00 1.90s Oct 1 1937-46-.-A&O 6 1.00 St Paul— 6s school 2.30 3.30 % Phila-Camden Bridge— _ A&O - 2.60s 1939-1966 2Mb 1938-1947 2.20s 1942-1959 5s 4Mb 1938-1945. 4 Ms 1946-1973 East Orange— to 2.25 0 to 360 3.60 % 1.75 1.60 4Mb School 1938-1951.M&S Delaware % 3.10 Highway debentures— to 3.00 6 1.00 2.25 to Cape May Co— 5s Sewer 1938-1960 5a Dec 31 1937——-—— 61.00 4 Ms Dec 31 1939-40 6 1.70 4Mb Dec 31 1937-39 61.00 Daniels Co 5Ms 1938-42—J&J 96 6s 1941 opt 1940 J&J 96 Great Falls— to to to Cape May— 2.40 to 1.25 1.25 1.25 1.60 6 3.70 4s 1944 1968 % to 2.30 % to 6 2.00 1 to 2 40 4.50 4.25 4.25 to 3 .50 to 3.50 to to 1938—.A&O _ to 100 6 3 00 6 2.50 6 2.60 6 2.00 1937-60.J&D15 4 Ms 1937 to 1969—.J&D 15 Bogota— 2.85 4 Ms 1938-1946 J&D 1.75 Bound Brook 4 Ms '38-'42 J&D Bridgeton (City)—2.25 4 Ms 1937-1958 J&D 1.20 Camden— 2.60 5Ms 1937-1961 F&A 2.80 'o 4Mb Water '38 to '60.M&N 2.30 % 4Mb 1942-1969 J&J 1.50 % 4s 1945-1970 2.10 Camden Co— 4 Ms 2.3U 1938-1970.: J&J MONTANA 2.25 M&S „ 2.50 % 4Mb 6s Bridge 1938-40 M&N 5 Ms Bridge 1938-40—M&N 4 Ms Sanitorium *38-'42 J&J 100 1937-1955. J&D15 1938-1939 A&O _,4s Court Hse Hennepin County— Minneapolis— 58 1937, 1940,1943,1945, 1946, *47. '48,'49,*50 J&D 6 1.00 99 Bloomfield— to 6 1.00 6 2.10 80 94 5 Ms Dec 15 5s Dec 15 2.75 % to 2.65 M&N 6 0.70 M&N 6 1.60 M&N 6 2.15 & impt A&O 6 2.25 bldg 1950-1955 3s School 1940-54 F&A 38 Refunding 1952 A&O 2MB Public bldg & impt " " j 1951-1956. —M&n Springfield 4 Ms '38-'49-M&N University City— 4 Ms 1938-1943 M&N 4 Ms 1942-1949 -J&J15 66 75 o to M&N 6 1.75 4s 1946-1951 3 Mb Public 65 Bavonne—5s 1938-1949.J&J 4 Ms 1937-1955 F&A Sci*001 1937-66—F&A Belleville 5s 1937 & '44.M&N Belleville S D 6s '37-'44 M&N Bergen Co— 6Ms Dec 1 1937-1942.J&D 1 82 1973—III Audubon (Boro)— 6s July 1 1938-1944 S D 4Mb 1938-55 % Net 82 Bridge 1938-57—A&O a 1.90 J&J 6 1.85 J&J 6 2.25 M&N 2Mt4^s Jan 1973-.. ater 3-4Ms Jan Atlantic County— % % 2.50 J&J 77 77 M&N 1938-1970 Atlantic City— ■J W Ask Bid A4&y 19?7^1^53^ 1.50 2.85 2.90 J&J 3 Ms toll bridge series A—July 15 '56 99 St Joseph 4Mb l938-*45—M&S 6 0.70 Refunding 4 Ms May 11951 St Joseph S D 4s 1940 St Louis 4Mb Public bldg & impt 1938-1943 -J&J 6 0.70 4Mb 1938-1939 —F&A 6 0.70 h> :i. ' Covert roads To St Charles County 99 less M less 1 Wayne County— J&J 6 1.75 J&J 6 0.75 5s 1941 3 Ms 1941-1951 2Mb 1945-1955—- to 3.25 4Mb School June 1 1955—. 6 4.00 Port Huron 4 Ms 1942 6 3.00 Saginaw—4Mb 1937-49--F& A 6 1.00 I Ms Sewer 1938-51—J&D 61.00 Voted bonds Kansas City 4MB 1939 J&J 5s Water 1939 J&J 4MB 1940 -—J&J 4 Ms Various May 9 38-72 6 0.70 to 3.50 4MB Jan & July 1942—J&J 4Mb 1938-1955—--—A&O 6"0.7b" to 2*90 4Mb Airport 1937-54—A&O 6 0.70 to 2.95 4s Airport 1937-1971— M&S 60 70 to 3.30 3 MB 1938-1974 -J&J 6 0.70 to 3.25 3 Ms 1938-1974 F&A 6 0.70 to 3.15 3 Ms 1938-1955 A&O 6 0.70 to 2.90 3s 1954-1975 M&S 6 2.75 to 3.00 2MB 1956-1975 A&O 6 2.70 to 2.85 Kansas City S D— i 4s 1941-1951 J&J 6 1.90 to 2.80 r:Ni Yeild Basis °r Ask _ J&D 61.00 .J&J 6 2.25 Ms 1946 opt 1937 % 3.75 to Lansing— Muskegon S % less 1 M&N 6 2.00 4 Ms 1938-1946 Muske gon 4 Ms 1938-44 Bid Net to 4.05 3s Sept 1 1941-1945 . Bonds to 4.00 6 95 preceding the date of Yield Basis To Net or Bonds I- V' BONDS to 3.00 % to 3.00 to 3 75 % 4.50 % - to 4 50 % to 4.25 % to 4 10 % to 4.10 3*40 3l40 % 3.40 % to 3 76 % to 3.20 % to 3.60 % ■ state 96 municipal bonds and Ask New Brunswick— 4Mb 1937-1957-—---F&A 4Mb 8ch & wat 38- 69-J&D 4 Ms 1937-1967 J&D North Arlington (Borough) 6 2.00 6 2.00 6 2.00 4.00 to 3.90 to 86 6s Sewer fund 1938-47-J&J J 75 80 North Bergen ref 4s-4Ms Nutley (School District)— 4Ms 1938-1942 F&A 6 2.00 b 3.25 4Ms 1943-1967-------F&A b 2.00 5Ms Nov 15 1937-39-M&N 98 1944----F&A May 15 1938--56 Ocean City—5s 4Ms Impt Co 4Ms Ocean 1938-50-J&D Unemployment Relief— 2Mb July 6 1938-1947—J&J General State Improvement— 2 Ms July 6 1938-1962.-J&J lMs Sept 10 '37-46—M&S 10 Emerg Unemploym't Relief— 2 M s Sept 25 '37-'43._ M& S 2Ms Sept 25 '44-'45—_ M&S 1 Ms Sept 10 1944-1946 Albany County— . • '■*&■ 4 Ms 1938-1960 M&S 3 Ms Fund 1938-1941. M&N 2 Ms refunding 1938-57-J&J Albany (City of) — 4M 1937-1969—M&N 4M 1938-1970 J&D 4s Munic & Sch '38-'63_J&J 3M 1938-1971 J&D 2 Ms 1937-1945 M&N 2% 1937-1955 M&N Albany Port District— 4s 1937-1972 M&N Binghamton— 4Mb Oct 1 1937-71 var. 2s Mar 11938-1956 4.10 to 2.75 98 to 4.50 5s Impt 4Mb Water (-:>■ 1944--M&N 1939-1970—J&J b 1*75 _n 4MB --J&J { }-f0 J&D 6 1.50 1937-1968 3.30 to 3.75 to M&N 6 2.00 1937-1959 4Kb Feb 1 1945 F&A 4MB 1937-1967-* A&O Perth Amboy— 4Ms April 1944---------4Ms Water 1938-64—M&S2 5s Feb 1938-1977 F&A 6 2.00 to 4.30 99 101 4.00 3.20 to 3.40 % 6 2.00 6 3.00 to to _n 6 1.50 to Ridge wood 4 Ms 1938-62-M&N 6 1.50 5Ms 1938-1939 -J&J b 1.75 4KB 1938-1968 M&N 6 1.50 Sea Isle City 5s 1942 F&A 90 Somerset County— 0.40 1.80 1.80 Terminal— to 1.25 to 3.20 3.25 , _ 4Hs 1937-1973 South Orange— A&O 96 4s 1938 to 1944 -J&J M&S J&D J&D b 1.25 6 1.50 1938-1962 4Ms 1938-1969 -4Ms 1938-1968 6s 6 1.25 6 1.25 101 to 2.75 % to 3.30 1 Summit— 4Ms School 1941 F&A 4Kb Imp & sch ,37-,60-J&D Sussex Co 4Kb '37-'44 M&S 4s Impt 1938-1955 M&N Tenafly 4Kb 1938-1963.F&A v 2.25 ■ 1.25 1.25 1.25 2.50 6 6 6 6 to to 3.40 % 2.85 % to 3.20 to 4.25 I Trenton— 5Ms 1938-1951 A&O 5s School 1938-1955—A&O 4MB 1938-1966 F&A 4MB 1938-1960 F&A 4s 6 2.00 to 3.90 6 2.00 to 3.80 6 1.75 6 1.75 to 6 2.50 to 4*50 2%25 % 1.25 4Mb Oct 15 1937-52 to 3.10 4 Ms 4s Oct 11942 , 3 3.80 % to 3.75 J&D City Hall 1939 Union City 4Ms 1937-'64.J&D Union County— 6s March 15 1938-M&S 15 to 6 1.25 Rd&Bdge'38-'47-F&A 6 1.25 < ' to 1.90 < b 0.75 ' 2.70 ' to 2.70 « to 2.00 ! to 2.20 ( 6 0.75 to 3.50 ' 6 0.75 b 0.75 to to 2.80 b 1.25 to b 1.00 b 0.75 to 2.00 ' 3.20 ' to 1.25 1 1.25" to 3.50 1 3.40 1 to 3.30 to 1 3.50 1 - , 2.90 % 2%25 98 3s Jan 1 & July 11949-1952— 2Ms H way deb 1944-45-M&S 5 3.00 Albuquerque— 6s Water Works 1962—J&D 108 4MB 1938-1950 J&J 5 4.25 4Mb 1938-1950 J&J 5 4.25 to 2.30 to 3.40 Elmira—- 4Ms Water 1937-45-A&O 6 0.75 to 2.00 Erie County— 4Mb 1938 .—..J&D 6 1.10 to 0.80 4 Ms 1939-1959 .J&D 6 1.50 to 3.30 4s 1945-1953 M&S 6 3.00 to 3.25 2.90 March 1. 1938- 1947— 6 1.00 to 3.00 Middle Rio Grande Dist 5 Ms 1937-73 Nov 3.00 to 3.25 1.50 2.00 to 3.50 to 3.90 3" 2 5 to 3.40 to 3.20 1.25 to 3.00 2.30 to to 2.75 (8 Highway 1965 Barge Canal 1945 M&S 1,00 to 1.25 1.25 to 2.10 to 2.10 6 2.65 6 2.10 2.00 [s J&J (s Bonus 1938-1939.—A&O 6 0.50 1.40 _,]s Bonus 1940-1949.A&O 1.90 J&J 4s Canal Term Jan 1946—J&J 6 2.15 4s g High Imp Mar 1958.M&S u 2.50 48 Canal Term 1942 4s g High Imp Sept 1958.M&S 6 2.50 4s High Imp Mar I960-. M&S 6 2.60 8MsMar 15 6 Basis. /Flat price. 2.05 2.40 2.40 6 2.60 2.50 6 2.60 62 60 '38-'39-M&S 15 2.30 1.70 6 2.60 6 2.60 6 2.60 ------- to 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 2.50 4s Canal Imp July 1960—J&J 6 2.60 4s Canal Imp Jan 1961 J&J 6 2.60 4s Canal Imp July 1961—J&J 6 2.60 4s Higbw Imp Mar '61..M&S 6 2.60 4s Palisade Park 1961 M&S 6 2.60 4sOanal Jan 1962 J&J 4s Highw Imp Mar '62..M&S 4s due Sept 1 1965— 4sdue Jan 1 1966 4s Canal Imp Jan 1967--J&J 4s Highw Imp Mar '67-.M&S 4s Palisades Park 1967—M&S 4s Bldg constr 1937-1939 M&S 4s Bldg constr '40-'49 M&S 4s Apr 15 1940-1955——A&O to 1.10 1.00 ___ to 2.20 1.25 to '38-'51._M&N 1.90 to 2.00 to 1.25 1.00 6 2.60 Gen & ref % 3Ms Dec 1.1965. Bayonne Bridge— M&S 2.75 1.50 86 88 3.00 107 M \04M 102 M 98 M 5 Ms May 1 '38-*52—-M&N 6 2.00 3.90s 1937-1939— J&J 6 2.00 3.90s 1940-1964 J&J 6 2.25 Marine Parkway Authority 3.80 % 3.35 to 2.00 1 Mount Vernon— 5Ms 1938-1941 —A&O 6 1.25 6 1.50 1962-73—M&N 6 3.50 to 4s Sewerage 1950-55—M&N 6 3 35 5s Jan 2 1938 J&J to 2Ms 1937 to 1956 3s 1937 to 1946 2.50 to 1.10 6 1.40 6 0.50 to 2.25 4 Ms to 1.10 4Mb 1937-1939 Nassau County— 5s 1938-1943- 1938 1944 . to 2.10 3.75 3.50 .50 to 2.90 M&S 6 1.25 to 2.50 „ M&N A&O M&S 6 1.25 6 1.00 to 2.65 6 1.00 to 1.75 to 2.65 2.75 2.85 to to to 2.60 to 2.60 2.40 to 2.85 to to 2.30 2.20 to I 1 1 to 2.75 % to 2.25 % to 2.60 320 3.30 2.25 % to 1.50 to 2.40 to 2.40 to i to to to 2 35 to 2.60 2.25 3-20 2.50 to 2.75 % to to to i to 3.10 to to 2.50 2.65 to 3.20 i i 108 M 105M 103 M 99 M 104 M 111M to 2.20 % 109 M to 2.10 .80 2.90 2.80 to 2.85 to 2.40 to 2 to 6 0.75 to 6 0.60 5s '38-'62 A&O 6 1.00 6 1 00 6 0.90 to to 2.50 1.50 Rockland Co— [a 1937-'38 (reg)_F&A 15 6 1.00 js 1938-1946 M&S 6 1.20 Rockville Centre (V)— 4.15s 1938-1952 Rome 5 Ms 1938-1941 to 2.35 M&S 6*1.00 2.90 % 98 M F&A 6 1.10 . A&O 103M to IMs 1937-1940 to 2.50 to 2.60 1938-1943 3.10 % 106 M 105 M 4Mb Pub Imp '37-'58.F&A 4Mb 1938-1959 M&S 4s Imp Sch &c *38-'47.J&J 2Mb 1938-1957 M&S Rochester to 2.90 106 M 112M 111M 4 Ms ser E '42-'60—M&S Putnam Co 4 Ms *38-'51.A&0 6 1.00 to 2.90 6 1.00 to 2.90 4s 1938-1954. F&A 4Mb Highway 1937-58.F&A 6 0.75 to 3.60 104 I960-J&D 103 M Middleport 4.35s '38-'42.J&D 6 2.00 to 2.25 4.35s Sewer '38-'39 J&D 6 1.25 to 2.25 6 0.25 6 1.40 UQM Rensselaer County— to 2.50 Sk fd 4Ms ser A Mineola (V) 4.40s 1938-68 J&J 6 1.00 Monroe Co 4s 1938-44—F&A 6 1.25 3.90s Co Bldg '38-'50—F&A 6 1.25 IMs Jan 15 1938-42—J&J 6 1.00 103 M George Washington Bridge4Ms Ser B '40 to '53.M&N 4 Ms ser D '38-'41..M&S 6 1.35 108 4 Ms ser D '42-'60-M&8 Holland Tunnel— 1.00 4 Ms ser E '38-'41—M&S 90 to 107 Inland Terminal—< to 2.50 86 si' 1.50 107 - Gen & ref 3s Dec 15 1976— to 2.75 to 3.00 3.00 3.00 % to 6 0.75 M&S 6 0.75 > 1.20 J&J % 3.20 .1 1943-1949 M&S 1938-1942 M&S Long Beach 5 Ms *38-'60-M&N 5 Ms 1937-1940 —J&D 5Ms 1941-1960 J&D Mamaroneck (T)4 Ms'38-64J& J Mamaroneck Un F S D No 1— 5s 6 2.60 to 2 25 3.10 to 4s Ser 01939 to'53 J&J 3 — 4.40s 4M8 School 4s Gen & ref 3 Ms May 1.1976 1.50 4 Ms Co Port of N Y Authority— Gen & ref 4s May 1, 1975— Kingston— 4Ms 1943-1949 4Ms Sch 1938-1944 6 2.65 to 6 4s School 1937-'59 Port Jervis 4 Ms '38-*69 Lock port— 2.60 2.55 2.55 112M 112M to3.35 % 110 J l-£0 £ 2.00 exempt 1942 M&N b 2.10 R T 1948-1950-.M&N,£3.25 No 1 4.60s 1944-1966 275 to 1.85 98 2.60 6 0.50 Ossining 4Ms 1937-42.-M&S 6 1.00 4Ms Water 1938-1969.A&0 Oswego—5 Ms 1938-46—M&N 6 1.20 Oyster Bay Wat Dist— 4s 1938-1950 J&J 6 1.00 Pelham (T) Un Fr Sch Dist to 3.35 1.25 1.50 1.25 4Mb 1938-1940 Jamestown 8 D 5s '37-39 J&D Johnstown 4 Ms Dec 1937 Kings Co 4s May 1 1938-'44— 95 6 2.70 J&J Poughkeepste 4 Ms '38-52 J&D Socorro Co 5s 1941 op '21.A&0 6 2.70 M&N 111 to3.35 to to 2.30 2.70s June 1.1938-1944 to 2.80 112 111 1.25 to 3.30 A&O 6 2.20 .A&O 15 6 2.00 Lackawanna4Ms '37-54M&N to 2.15 110M M&N Ontario to 3.00 to 2.85 J&J 6 1.50 68 6 2.20 1UH May 1957.M&N 1958 to 2.60 to 2.75 J&J 6 1.50 63 b 0.60 114M 111 1956 to 3.40 to 2.25 4.20s 1937-1945 M&N 6 1.25 4.20s sewer 1946-60--M&N 6 2.85 4Ms 1938-1951——M&N 6 1.50 4.40s 1938-1950 M&N 6 1.50 Garden City 4 Ms 1938-52-J&J 6 1.25 Conser F&A NEW YORK 5s Jan & Mar 1 1938-1945 5s Jan & Mar 1946-1970 4Mb Highway 1963 ..M&S 4Mb Canal 1964 J&J (s Canal 1965 J&J to 3.15 M&N M&N 1.50 1.25 to 2.50 ■ Hempstead UnFSDNol 6s 1938-1954 M&S 50 Hornell 4Ms 1937-1947-F&A Hudson Riv Regulating Dist— 4Ms 1938-1965 J&J 2.75 4.70s 1938-1965 J&J 2.75 Huntington (T) 4s *38-'52-J&J 100 Islip 4s 1938-1951 M&S 100 Ithaca—4Mb Water 1942 J&J to 3.20 % 4 Ms 1940-1954-— J&J 6 3.60 3.60 to 3 15 1.00 Serial 1938-46—F&A Niagara Falls— 6 2.00 5 Ms 1941-48 M&N 4.15s Sewer 1965-70..M&N 6 2.80 6 0.75 4.10% Sewer 1938-50..J&J 4 Ms Wat May 1 '41-48M&N 6 2.00 1.30 4 Ms Sew '39-'46 reg.M&N 3.95 Nov 1,1961-70. -M&N 6 2.80 6 2.00 3 Ms 1942-1945 M&N 6 1.25 2s Mar 1 1939-1949 Niagara Falls S D 6 0.75 4 Ms 1937-1960 F&A No Hempstead S D No 7— 6 1.25 4 Ms 1938-1942 J&D North Tarrytown— 4 Ms Water 1937-45..A&O 6 1.00 6 2.70 4Mb Water 1946-64—A&O 6 2.70 4 Ms 1947-72 J&J 1.75 Oneida 4s Water '40-'45„J&J 6 1.00 4 Ms Water 1938-39 J&J 6 0.75 Onondaga Co, 4 Ms '37-47A&O Ref 1.90s 1938-57 F&A 6 0.75 3.70s 1938-1951 A&O 6 1.25 Essex Co 4s 1937-1956—M&S 6 1.00 Franklin Co 4Ms *38-'40-M&S 6 1.25 Jamestown— 4s Mar 20 1943 % 118M 118M 119M to 2.30 % to 2.50 to 5.00 112 to 2.40 2 Ms 6 1.00 to 4.60 2.50 % 116M 116M 117M 117M to 3.00 1938-1965 J&D Groton 6s Wat '38-'50—M&N Harrison (T)— y 101 116M 3Ms 3Msg exempt 1952.—M&N b 3.25 6 3.25 3 Ms g exempt 1953 M&N 106 3 Ms g exempt 1954—M&N 106 3 Ms g Water ex 1954. M&N 3 Ms exempt 1955 M&N 105M 6 3.30 3 Ms stock Apr 1,1954. A&O 105 M 3 Ms Corp stock Mar 1,1960 104 M 3 Ms Corp stock Jan 15,1976 102 M 3 Ms Corp stock July 1, '75. 6 2.75 3s Rap Trans 1947-51. .F&A 98 % 3s corp stock Jan 1 1977 J&J 4.40s 100 3.20 118M 1.50 115M to to 2.50 ' to 99 4s Fund 1939 opt 1919-M&S 3 Ms H'w'y deb r46-'47— M&N 5 3.00 99 3 Ma H'w'y deb '48-'49-M&N 122 o ?4s 3 Ms Corp stock July 1 '75. uorp shock i vo— 3 Ms Corp stock 1939-54— 3 Ms g exempt 1941 M&N to 4.10 6s Highway 1938-1940—ZJ& J 5 3.25 6 Ms Highway 1938-1940ILJ&J 5 3.25 99 4Ms Dec 16 1952 opt '22.J&D 121M to 6 1.00 Hempstead (T)4 Ms'38-59 A&O 6*1.50 Hempstead 4Ms 1937-65 M&S 6 1.00 NEW MEXICO 124 3 Ms 4 Ms 1938-1980 F&A 6 1.50 Haverstraw 4.12s 1937 —M&S West Orange (T) 6s '38.M&S 118M 118M 109 M 109 M Various 4s to 2.40 2.30s 1938HB7 3.40 3.20 120 M 120 1965 4s May 1959 4s serial 1938-1963 Greenburgh U S Sch Dist No 9 to 3.40 to to 2.90 ' 4.25 4MB 1938-1966 West New York— 4Mb Oct 1 1937-1968—A&O 6 2.75 5s School 1938-61 M&N 6 3.00 6 1.50 6 1.00 to 3.60 1.50 A&O 6 1.50 to to 2.80 1 6 1.00 to J&Dto 3.40 to 2.50 6 2.60 6 1.00 6 1.00 F&A 6 1.25 93 to 6 1.50 6 1.20 to M&S 4.65 % to 6 1.50 4s Various to 3.25 6 1.00 1938-1946 Greenburgh (T)— 4s 1938 1951 3.00 2.25 ■ 3.30 ' to 2.80 ■ to 3.00 ' to 2.90 6 1.00 1947-1954 Chester— r-V to 4s 4s Freeport— to 1.25 to 3.40 ' 4s 4Mb 1938-1958 6 2.50 4s Nov 1955 M&S 6 1.00 East to 2.90 to 3.50 ' J&J 6 2.75 J&D 6 2.70 3 Ms 1940-1964 3.40s Nov 15 '37-'55—M&N 3.10s Oct 15 1937-46-A&O 2.60% Relief 1938-45-J&J 2Ms Oct 15 1937-56 A&O 2.20s Jan 15 1938-47-J&J Columbia County— 4 Ms 1938-1959 A&O Corning 5Ms 1938-60 M&S Cortland Co 4Ms '38-'51-J&J Delaware Co 4.20s '38-'52A&0 to — to 3.30 ' 6 June 3.60 3.00 to — 2.60 ' Westfield— 5s June 15 1938-60 1 4Ms 3.20 to 2.90 4 Ms 1963 to 2.85 < b 0.75 to to 2.90 J&D 119M 119 M&S 4Ms May, 1957 M&N 117M 4 Ms Nov 1957 M&N 123 4Ms Dec 1, 1979 J&D 4Ms Corp stock 1967..J&J 120M 121 4 Ms Corp stk 1971 J&D 15 6 0.50 4Mb July 1,1938 to 1955 117 M 4Mb Jan 1, 1977 J&J 6 0.50 4Ms Sch & Var '37-39.J&D 115 4Ms I960 M&S 4 Ms Mar 1, 1962 M&S 115M 4Ms Mar 1, 1964 M&S 115M 116 4Ms April 1,1966 A&O 4Ms Apr 15,1972 A&015 116M 117 4 Ms Rap Tr & Wat *74 J&D 6 1.90 4Ms Feb 15, '41-'66.F&A15 117 M 4Ms Feb 15,1976 F&A15 118 4 Ms Nov 15,1978. .M&Nl 5 4Ms Mar 1, 1981 M&S 119M t 0.50 4s Corp stock 1937-55 6 0.50 4s July 1.1938-1956 4s Oct 1,1980 --..A&O 114M 113 M 4s May. 1977——M&N 1.00 to 2.80 < 0.75 to 1.60 * 0.75 to 2.40 « b 0.75 M&N M&N M&N M&N 4MB 1938-1944 4 Ms 1945-1965 4Mb 1938-1963 New York City— to 1.85 A&O Union Township Sch Dist— 4MB 1938-1968———J&J 6 3.00 Ventnor City— 88 5 Mb Mun Bldg '38-'58-A&0 Vlneland (Boro)— 5 Ms 1938-1950 M&S 6 2.50 , New Rochelle— 5s 1938-1950 Dutchess Co— to 4.00 to 3.40 i to 1.75 J&J 6 1.00 M&N 6 1.00 4s 1940-1964 98 1.25 J&D 6 J&J b 4Hs 1938-19494Mb 1938-1952 South Jersey Port District— 3.30 to 2.50 1942-63—J&J 4Ms Wat Impt 1938-41.J&J 1.00 < to 1.90 J&D 6 3.60 4 Ms 1938-1964 Sewer Authority— to 3.50 to to 3.10 6 2.35 Net to 2.75 6 2.95 F&A Ms 1938-57 Newburgh— 6 3.40 J&J A&O Ms 1938-1967 4s June 15 1960 4s 1938-1958 J&J 6 1.00 6 2.30 F&A 6 1.00 6 2.00 3.40s July 1 1941-45—J&J 6 2.75 2 Ms 1946-1956 61.00 2 to 2.00 < 0.40 Ask 3s M&N 6 1.00 5s 1938-1950 4 Ms 1938 to 3.40 3s July 1 1940-64 1938-50.. 118 118 to 2.65 l. b 0.50 J&D 15 3.70 4.25 , _ Buffalo— 5 Ms 1944 4 t 4Ms 1937-1953 J&D Ramsey 5s Water 1937-1940— Red Bank (Borough)— 4MB 1937-1953 M&N Marine 4.20 to 98 4Mb refdg 1944 & '46.-F&A Plaintieiu 4s School 1959 M&N 4 Ms 1937-1962 Various.J&J 6 1.25 Rah way— 3.75 to (Concluded)— J&D J&J 3 Ms 1951-1961 J&J 3 MB 1944-1950 4s Wat Impt ... 4.50 to 4.25 to -- Passaic County— 4%s 1938-1946 3.50 to M&N 6 2.50 1938-1948 4 Ms Refunding to 3 90 Nassau County 4s 1938-1947 « 118 118 b 0.50 - ^l^siewer 1937-1964.A&0 6 2.00 Pa4HsT938-1940 M&S 6 2.50 61l37?9ll!-^™&D 6 2.50 to 1.65 116 J&J M&S b 0.50 3s Canal 1957-59 3s Mar 25 1938-1987 to 3.15 b 3.25 to 2.70 « to 1.10 < - 82 to Bonds Bid Bonds Ask Bid 1.40 3Ms Mar 15 '40-'81—M&S 15 3 Ms Mar 15 '38-'39—M&S 15 b 0.50 1.40 3 Ms Mar 15 '40-'81—M&S 15 3s g Canal Jan 1 1956 J&J 116 116 3s g Canal July 1 1958 —J&J 116 3s g Canal Jan 1 1959- -J&J 3.85 to , . Net To or or To or Bid Yield Basis Yield Basis Yield Basis Bonds of the month preceding the date of issue securities are as near as possible for the closing day Quotations for all J&D 6 1.00 A&O 6 1.10 to 1.30 to 2.60 to 3.00 to 2.10 Rye (V) 5s Mar 10 '38-'38M&S 6 1.25 Rye <s Har'son Un Fr S D No 6 4.40s 1937-1953 F&A 6 1.25 Saranac Lake 4.45s'38-39 F&A 6 1.50 Saratoga Co 5s 1938-'40-F&A 6 1.00 to 4 Ms 1937-1955 M&S 6 1.00 4b Sept 1 1945-1954—M&S 6 2.25 to 1.50 to 3.20 to 2.50 to 2.00 2.75 to 2.60 Aug., 1937] STATE AND MUNICIPAL BONDS Quotations for all securities are as near as Yield Basis Bid Saratoga Springs— 4**s Park 1938-40 A&O Scarsdale 4 hs 1938-45—J&D Ask Bonds to 2.00 1.00 to 2.50 6 0.50 to 2.00 Lincoln Co— 6 0.50 to 2.50 6 0.75 6 0.50 to 2.75 5s Bridge 1938-1951—F&A 6 2.75 Mecklenburg Co— to 2.50 M&S 6 0.50 2Ks 1937-19551.80s 1937-1950 to 2.30 to 2.25 43*s 1942-1958 5s 1938-1971 Suffolk County— to M&N 6 4.50 M&S 6 4.25 J&J 6 4.75 1939—-J&J 6 3.50 6 1.50 to 4.00 4Hs 1937-1957 A&O 35*s 1938-1951F&A 2Mb High &ref 1938-57 M&S 2.20s June 1 1938-1962 J&D Sullivan Co 4}*s '38-'45-A&0 Syracuse— to 3.40 6 0.75 6 0.50 6 0.75 6 0.60 to 2.25 to 2.50 M&S 6 0.50 M&N 6 0.75 5s May 151938 '5 >*8 1937-1960 to 3.20 to 2.50 4MB 1938-1944-. 4.20s Dec 15 '37-71 J&D15 6 0.50 4s 1938-1946 F&A 6 0.50 3>*s 1938-1951 J&J15 6 0.75 to 2.25 3s to - V J&J15 6 0.75 M&S 6 0.75 M&S 6 0.75 1938-1971 2.20% to 2.90 to 2.60 Winston-Salem— 5s Sept 1937-1947 to 2.75 2.75 45*8 1938-1958 45*s 1938-1973 to 2.40 1938-1957 2s 1938-1956 to 2.25 2.10% Aug 15 1946-1947— 6 1.90 to 2.00 lHs 1938-1946 M&S 6 0.75 to 2.00 Triborough Bridge— 4s s f revenue 1977----A&O 1025* 102 % 4s ser rev 1942-68^ 6 2.65 A&O to 3.85 Grand to 3.75 1938-1950-— J&J 6 2.00 to 3.90 4s serial revenue 1942-68- to 3.00 to 2.75 to 3.00 to 2.25 M&N 6 0.75 A&O 6 0.75 to 2.25 to 2.50 6 1.00 to 3.00 -Oct 6 1.00 to 3.00 to 2.50 Warsaw Union PrSDNo 10— J&J to 2.50 2.55 Thousand Islands— 100 6 1.50 6 1.00 to 3.75 6 3.10 to 325 6 1.00 6 2.00 to 2.50 J&D 6 2.80 J&D 6 1.00 J&D 6 2.75 6 1.50 6 1.00 6 2.50 6 1.00 to 2.75 5s 1938-1961 A&O 6 2.00 to 3.25 3.00 ^ to 6 2.00 6 2.00 to 3.50 to 3.50 to 3.50 to 3.30 NORTH CAROLINA 5s July 1961 J&J 6 3.40 45*s 1938-1962 J&J 6 1.50 45*8 1938-1968 A&O 6 1.25 to 3.35 to 3.35 4a 1938-1968 A&O 6 1.25 to 3.35 A&O 6 2.00 A&O 6 2.70 to 2.80 to 99 ,J A'i i. ■- V'i' 3.30 55*s 1938-1957 J&J 55*8 1938-1969 M&S M&N 45*8 1938-1962 A&O Buncombe Oounty— 5s 1938-1946 M&S A&O Charlotte— 6 2.00 6 1.75 55*8 1 937-1948 45*8 1938-1970 -M&N M&N 45*81938-1979 M&N 6 1.75 —F&A 6 1.50 35*s 1939-1959 3s 1960-1977 Durham— 1 ■ ■■;i - to >•->': • 4.10 to 3.90 975* to 3.90 to 3.60 Durham Oounty— 45*8 1938-1951 J&D 6 2.00 Forsyth Co 45*s ,37-'58_J&D 6 2.00 Granville Co 45*8 '39..M&N 6 3.25 . ^ ^ 6 2.75 4s Water Works 1954--J&J 6 4.10 F&A Ref'g 3 5*8 1957-1962- J&J 935* Greenville 5s W W '58-.F&A 6 4.60 Guilford Oounty— 45*8 1937-1957— + nn?in!f° 4.00 to 3.80 2.75 to , 5s Water 1942——F&A 6 4.00 J&J 6 2.75 45*s 1938-1963 45*8 1938-1965 M&N 6 2.25 - to to 2.00 1.00 to 2.75 2.60 °.oo to 2.70 3.60 to 4 50 to 4.40 I .90 2.00 50 1.00 2.50 % 102 4s to 2.60 to 2.25 to 2.60 % % % to 3.25 2~75 1.00 to 2.50 2.90 to 3.15 July 15 '40-'45 J&J15 2.50 to 3.00 1.00 to 2.00 1.00 to 1.75 6 2.00 to 2 60 1.00 2.40 to 3.25 1.00 1.00 1937-1940———M&S to to to 3.00 1.75 to 3.00 PENNSYLVANIA 3.00 to 3.15 12*s Tax anticipation notes series "C T" May 31 1938 5s July 1 1951 Series O J&J 42*8 Dec 1 1951 opt '37-J&D to 3.10 42*8 1939, 1944, 1949 3.10 102 to 2.85 to 3.05 to 2.25 6 1.55 10 to 3.10 2.50 % 45*s 1937-1940.—J&D2 67.50 Mahoning Val San Dist— 45*8 water 1937-52 A&O 6 1.50 Martin's Fy 6s '37-*44 M&S 6 1.50 % 6 1.25 6 2.00 6 1.25 6 1.0 J to 2.75 1.60 to 2.80 to 2.80 .60 to L75 to 3 00 to 2.80 %;§ % 6 1.50 to 2.60 6 2.00 to 2.80 6 2.00 6 2.00 to 2.50 to to to to to to 4}*js 103 Phila-Oatnden— > 42*s Sept 1'67 opt *41 113 Easton 22*sWater works— 1938-1966 M&S 6 1.10 42*8 1937-1960 F&A 6 1.30 Erie S D 4s 1937-1938—F&A 6 42*s Jan 1 1938-1946 Fayette County— 6 1.60 2.50 42*s Highway 1952—J&D Harrisburg— . 2.15 4s May 15 1938-1953 1.50 Jeanette 42*s 1937-1956-M&S 2.70 % Lacakwanna Co 4s 1944-F&A Lancaster Co 42*a *38-'60F&A 2.00 Lancaster S D 4s May 1945— 2S0 Lower Merlon Twp 4s 1945 2*25 McK'p't S D 42*8 38-43 M&N 4.00 Mercer Co 52*8 '37-'47—F&A 4.20 Norristown S D 42*81943-J&J 1 70 m 2.60 % Bridge „ to 2.75 to % to 2.60 115 — to 2.60 p to 2.50 to 2.50 Braddock 42*s '38-'41-M&N Cambria Co 42*s Nov 1 *37-'45 Chester 42*s 1937-1940—-J&J Chester SD 42*s 1938-42 J&D Easten-Phillipsburg to 2.90 to 2.75 to 2.80 2.00 to 2.75 6 3.00 2.90 6 1.25 to 2.50 6 2.00 6 2.75 6 1.25 to 3.10 6 2.20 6 2.20 2.00 A 2.00 % to 2.50 % to 3.00 2.10 6 2.00 6 150 6 2.30 2.20 to 2.50 /o Philadelphia— to 2.40 % 5s Jan 1951 to 3.20 42»s May 1948 42*s Nov 1 1948 % to 2.75 % — - J&J J&J —J&J 113 1092* 1092* Conservancy Dist— 55*8 (1 to 5 yr mat'y)—J&D 6 1.00 5Ks (5 to 10 yr mat'y) .J&D 6 2.50 55*8 (after 10 years)—J&D 6 2.90 to 2.40 to 2.80 to % % 3.00 % ,1. te 4.30% are taxable, all bonds issued prior to that date are tax-exempt. ' 6 1.80 Del River Jt Oomm to 3.20 Lakewood— 5s Sewer Feb 11938-'51 F&A 6 2.50 Lucas Co 4sO H 1944 M&S to 2.90 6 1.10 4s 1940-45-50 2.50 F&A 45*8 1937-1939——A&O 61.00 45*8 Oct 1945 A&O 5s Park & Imp '37-'41_A&0 67.00 Lima 55*8 Sewer 1937-1947— 6 2.00 %"" % ' 6 1.25 4 2*s Water 1938-60 M&S 6 2.00 Bethlehem School Dist— 2.75 to 3.00 to 3.00 to 2.00 to 2.20 J&D 6 1.25 42*s Sewer 1939-59 Altoona— to 3 to 135 101 1002* J&J 6 1.25 1942, 1945, 1947. 1950, 1952 Allegheny County— 42*s 1938-1962A&O 42*s July 1938-1958 J&J 4s Bridge 1942 F&A 4s 1938-1958 M&S 22*s Dec 1 1937-1965—J&D 22* Apr 1 1938-67 A&O to 3.00 to 0.85 131 4s Highway Apr.l 1940, to 3.15 45*s Oct 11939 A&O 45*s Sewer Oct 1 1937-47- 6 1.00 3.25 2.90 1.30 to 3.15 to 2.50 Cleveland— 45*s gen imp 1937-43—A&O 6 1.00 East Liverpool—4s 1940-J&J Elyria 4s 1937 to 1938—J&D 6 Too 45*81937-1952 M&S 6 1 00 fisWW 1938-1946 J&J 6 1.00 Fostoria 5s W W '38-'40-M&S 6 1.50 Hamilton County— 2.25 to 2.80 to 1.50 to 3 30 6 1.00 4.40 38 6 3 00 Allentown— A&O 6 1.50 45*8 1937-1944 A&O 6 1.50 s 1937-1943 A&O 6 1.50 s Road 1937-1941-A&O 6 1.50 1937-1941 A&O 61.50 Dayto 55*s W W Imp 1944—J&D 5s W W >s Imp 1945 F&A (s Bdge 1937-1951— M&S 6 1.00 3.90 95 38 38 . 4s Water 1938-1955—M&N 4s Water 1939-1958——J&J 48 Water 1940-1959 F&A to 3.70 M&S 6 3.00 F&A 6 1.50 J&D 19 6 2.50 to 2.15 to 2.00 38 Portland— 5s Harb Dev 1937-50-M&N 42*s Dock 1943 M&N 42*8 Oct 1937-47 A&O 42*sl938-1960 M&N 102 A&O 6 1.50 Miami J&D 42*s Bridge 1938 1944-J&D 42*8 1949-1956 F&A 4a Bridge 1945-1955—J&D 5s Road 1938-1939—M&N Multnomah Co S D No. 142*s July 15 '38-'39__J&J15 J&J to to 1.75 to 2.50 to 2.80 Multnomah Co— A&O s-a 3.50% 2.50% -v:^ 1.90 6 2.40 3.50 3.50 2.50 F&A 6 3.75 6 2.75 Certificates of deposit 52*8 1937-1949 J&J Certificates of deposit Eugene 5s 1942 M&S to 2.75 to 2.70 45*s 1943 2.50% 3.00% 2.10 : 4.75 Highway 1938-1941—A&O to 2.80 4ks 3.85% M&S 6 3.25 Astoria 5s 1953 1.60 5s 1937-1939... Water 1938-47 OREGON 3.00 Cuyahoga County— k°nds issued since Jan. 1,1913 to 1.00 6 1.00 22*8 May 151938-1940 6 2 00 32*s May 15 1941-1945—. 42*8 H'way *38-'49 (s-a)-A&O 6 1.00 1.50 4s 1.00 Highway 1937-1942.-A&O 3.50 % 4s 1.00 M&S Columbus S D— 5s 1943-1952 to 3.00 ■-vi-,- 45*8 1938-1966 J&J 6 2.00 5s Water 1938 to 1945-J&J 6 2.25 Greensboro— J&D 6 2.00 F&A 6 1.00 4s Wat W '45 opt '20—M&S 101 25*s 1940-1959 F&A 6 2.00 to 3.90 F&A 6100 to m to 4.10 % East A&O 45*8 Funding 1939 6s Bridge 1937 to 3.00 1.00 to 4.20 45*s 1941-1961 —M&S 6 2 25 Dayton School Dist— 5 Hsi 941-1961 opt M&S s 2.50 5s Mar 10 '38-'48—M&S10 6 1.50 J&J 45*8 1937-1965 2.90 to 4.20 % 25*s 1938-1951 • 5s 1938-1969 —M&S 5s 1938-1947 6s Feb 1 1938-1939 to 3.15 45*sl938-1953 to 3.60 i % to 4.25 % to 3 80 % to 3.40 45*s 1937-1955 to 3.60 to 3.50 1 to 3.20 52*s July 1946. F&A 6 3.75 52*s Wat & Pk '38-'49-F&A 6 3.75 52*s 1938-1939 F&A 6 2.75 to 4.00 Cleveland Heights S D— 3.75 2.00 • 3.25 1.00 42*8 Water Works 1941 J&J 6 2.40 6 5 00 Okmulgee 5s Mar 15 1943 Columbus— to 3.85 6 2.00 allmfillo to 2.00 % M&S 6s 1949-1957 6 25*s 1946-47-48 3.20 Muskogee— 42*s Aviation 1938-53.J&J 6 4.25 Oklahoma City— > 52*8 1937-1940— J&D 6 2.75 3.70 6s 1937-1959. to 2.60 45*s July 1 1938-'62—A&O 35*a 1940-45 to to OKLAHOMA 45*8 Fire Dep *38-'55—A&O 6 1.50 45*s 1937-1950 —M&S 6 1.00 4s Sewage 1937-58 M&S 6 1.00 3?*s 1937-1956 A&O 6 1.00 25*8 1938-1951 M&S 1.50 to 2.75 to J?60 to 3.25 1.00 4 2*s 1944-47 3.70 3.65 3.70 J&D 6 2.50 5s W W 1938-1968 J&D 6 1.00 45*8 Grad Cros'37 '54-A&0 6 1.00 to 3.10 45*s Marl 1938-'56—A&O 4a 1938-1958 .—F&A 3.30s April 1 1938-1956 3.10a Oct 1 1937-1964 25*s gen & ref July 1 *43-'46 6 2.00 6 3.00 to 4.00 55*8 1940-1970 inq 6 2.00 6 2.00 6 2.50 4.00 Cleveland to 3.50 'j 45*s 1938-1959 (reg).-M&S 1938-1954 F&A 25*8 Sept 1 1943-49 Wolcott 45*s Jly 15'38-'42J&J Yonkers— 6s Feb 1 1938-1952—,A&0 55*8 Jan 1938-1961—A&O 3.90s A % to 3.30 WhltA T>1 to 4.10 4sl937-1956M&S 6 1.00 3 5*s Water '45 101 op '25—F&A 6 1.00 35*8 Sept 1 1938-62 3s Water 1939 op '19.F&A tlOO 25*s Sept 1 1937 to 1956- 6 1.00 25*s Sept 1 1937 to 1976- 6 1.00 Cincinnatf (School Dist)— 35*8 1940 opt 1912 -A&O 101 to 3.00 3 5*s 1952-1963 6 4.25 6 2.25 45*s Sew Sept 3 1937 M&S 3 to 2.00 35*s 1952-1980 35*8 1938-1951 . °00 to 3.10 to 3.30 4s Co Bldg 1938-59—M&S 6 1.00 4s June 1 1959-1964—-J&D 6 3.00 J&D 6 1.00 3.20 Tulsa— 45*s July 1943 45*8 Sewer 1955 % to 2.25 to to 5s 1937-1944 M&S Zanesville—5s City Hall & Market 1937-1939 M&S Zanesville S D 5s *37-'43_A&0 36 58 55*s Imp Feb '46-'51—F&A 5s July f 1965 J&J M&N 35*s 1938-1951 / 33 6 1.00 55*s 1941 2.00 0" 75 3.30 42*s 1937-1959 A&O 42*s 1937-1956——-A&O Youngstown 6s Bdge 1937-41 A&O 42*s 1937-1957 A&O Youngstown School Dist— Forks—- 45*s Dec 5 1939-42 4.40s 1950 Cincinnati— to 2.75 Water town— J&J 6 965* 4.25 &o to 3. Toledo School Dist— 945* 55*s Fund 1937 J&D 6s Water 1944-1959—A&O 6 2.75 Canton School Dist— ® 58 1 954__ —-A&O to 2.50 F&A 6 0.75 3hs May 15 '38-'51--M&N 6 0.75 Warren Co 4}*s 1938-'50-F&A 6 0.75 45*s Bridge Rev '67.M&S Westchester County—• 5s 193.>-1976 J&D 45*s San Sew '38-'82 J&J 45*8 Parkway 1962-80-J&D 45*s Co Bldg 1938-44-A&O 45*s '44, '45. *56 & '69 J&D 96 _ to 2.50 J&J 6 0.75 -J&J 6 0.50 to 4.50 % 45*s 1938-1956 A&O 4s Water Works 1942 A&O 3.25 Allen Co 55*s 1938-50—A&O 6 "3.00" to 4.66 % Ashland 55*s 1937-44—A&O 6 1.50 to 2.75 % Canton— j 5s Sewer 1953 M&S 00 1055* F&A 6 0.75 1942 1938-1953 to 6 3.75 to 3.75 45*8 Pub Imp '38-45-J&J15 6 0.50 5s 1938-1945 4s May 1938 1.50s 1938-1946- to 3. 93 5s Water 1937-1953—A&O 6 2.00 45*s 1937-1947 A&O 6 3.00 45*8 1937-1952 A&O 6 3.00 to 3.20 4.20s 1938-1949 4.15s 1938-1950 4.10s 1938-1946 3.90s 1938-1948 45*s 45*s to 2.75 1.50 6 2.50 Akron 6s 1937-1940—.A&O 6 3.00 55*s 1938 1951 J&J 6 3.75 Utica— 4Kb 1937-1942 2~40 6 4.30 ' 6 2.40 55*s highway 1938-'53_F&A to 42*sl937-1954 M&S15 42*s 1938-1953 M&S 42*s Nov 1 1937-1953 4s Park July 1 1942—J&J to 4.10 OHIO (See footnote *) to 3.75 Water 42* 1937-1940.—A&O 5s W W 1937-1944—F&A 6s Pub Wharf I960-—M&S 5s Sewer 1949 M&S M&S 6 2.00 to 3.90 M&N 15 6 2.0Q to 4.10 —J&J 6 1.75 to 3.90 5s May1938 to 3.50 5Ks Water 1938-1950-J&J 6 2.00 Troy— 68 1937-1940 reg A&O 6 1.00 4Mb 1938-1950 A&O 6 0.75 45*8 1937-1970 J&D 6 0.75 45*8 1938-1965 J&J 6 1.00 Triborough Bridge— 4a s f revenue 1977 A&O 105 3.00 2.00 Toledo— to 4.20 5s Farm L'n 1940-45&'50 J&J 6 3.00 55*s 1945 & 1948 ser O—-J&J 6 3.40 45*8 July 1951 & '55 J&J 6 3.75 45*8 Jan 1957 J&J 3.75 Fargo 4s Aug 15 1937-54 to 3.90 Ticonderoga S D No 5— 5b to to NORTH DAKOTA Thousand Isl'ds—See "Watert own" 4Kb July 1938-'58 J&J 6 2.00 Tonawanda (City of)— 4Mb 1938-1942 J&J 6 2.00 45*s Sewer 1938-1953—J&J 6 2.00 3.25 to 2.80 4?*s Oct 1 1937 m _ to 2.25 6 1.00 35*8 1951-1956 Randolph County— 45*s 1938-1947 F&A 45*8 1948-1959 F&A Rutherford Co 5s '38-'52__J&J Salisbury 6s 1938-1941--M&N Transylvania County— Road & Bridge 6s 1949-50— Wilmington— 5s Ref & Impt 1955—A&O 45*s 1937-1962 A&O 45*s Pub Imp 1938-60.J&J to 2.80 ' A&O 6 2.50 M&N 6 4.00 M&N 6 4.00 1946-1950 to M&S 4s 1938-1955 M&S Springf'd S D 5s '38-'39-J&J2 Summit Co— 4.50 1944--J&D 6 4.25 45*s 1937-1967 4s —M&N 6 1.00 Springfield— 4>*s 1938-1949 3.00 4.00 to 4.40 5s Munic Bldg 5s Impt June 1 to 2.75 to 2.50 —J&J 6 2.00 4KB 1938-1950 „ to 4.60 to 2.50 Net Portsmouth City S D— Raleigh— to 2.75 Ask 5s Flood Emerg *38-*42 J&D 6 1.00 Newark 4 2*81938-1941—A&O 6 1.50 4.25 45*8 1943-1947 Bid Montgomery Oounty— to 4.60 6s Ref Nov 1950 Pitt County— 2.75 6 1.00 6 1.25 Bonds _ 5s Fund June 1959 J&J 6 2.25 5s Dec 15 1938-1948 Solvay 4Kb 1938-1940--F&A Somers (T) 4^*s'37-'53-M&N Southampton— t . To or Net Ask 1.00 Schenectady Oounty— ■!< Bid High Point 45*8 1 938-48-J&J 6 3.50 to 4.75 5s Wat Serv 1938-1968 J&D 6 3.75 to 5.20 Iredell Co 5s Aug 1 *42. F&A 6 4.00 4.10 45*8 1938-1950 A&O 6 3.00 to 4.70 1 6s Dec 15 1937-1941 4.30s 1937-1948 J&D 4.15s 1938-1960. A&O 4s Oct 15 1937-1944.-A&O Yield Basis To or Net -A&O 6 0.50 Schenectady— Issue o Yield Basis To or Bonds 97 possible for the closing day of the month preceding the date 6 Basis." t Flat price, n Nominal. ■ STATE AND MUNICIPAL BONDS 98 closing day of the month preceding the date of Issue Quotations for all securities are as near as possible for the To or Philadelphia (Concluded)—• Philadelphia School Dist— 4 Ha 1938-1943 -J&J 4 Ha 1941-1959- —---M&N 4Hs Apr 15 1939-58-A&015 4s 1938-1942 -J&J 4s 1938-1956 J&D ■i 3%s Sept 1 1944 3Xa Sept 1 1945 to b 2 25 to to 2.75 6 1.00 b 1.00 to 1.75 b 1.00 to 2.25 to 2.75 Carter 1938-1966----------J&J '38-73-M&S15 4Xa Mar 15 5s 1938-1942 0.75 2.60 6 2.80 2.70 6 1.25 to 3.25 6 1.25 to 3 75 6 1.00 to 2.50 to 1.50 % 3X8 g 1.00 to 2.00 « T. T J&D 43<s 1937-1959 4s Jan 1 3.60 -J&D M&N Providence— —-J&J A&O 1945 4s Oct 1 1954 4s Oct 1 1964 --J&J M&N2 J&D A&O 1938-1950 3s 1944-1951 J&D J&D 2Xp 1938-57-WPA School Loan— F&A 4s July 1956 4s May 2 1957 4s Water 1962 48 J&J 3s 1946-1965 2.70 2.75 2.75 2.80 2.80 61.00 6 2.25 to 2 6 0.75 to 2.50 6 2.30 -J&D 1944-—M&N Is 1938-1967----—J&D 61.00 ?s June 1938 1957_ J&D 6 1.00 - - M&N 1938-1942- 1938-1959—A&O 4s Funding % 1.00 6 1.00 3.60 to 2.70 3.75 to 1947—---A&O 8 ?40 i 6 2.10 3Hs State Highway— .6 2.00 Ctfs of indebt 1940-49-J&D 6 2.00 4X8 ctfs indebt '39-'53—J&D 6 2 00 4s lnstitu'1 1938 '59 J&J 6 2.90 2 X* Highway Oct 1 *45-'54— 6 2.40 98 97 98 Aiken Co 4%s 1938-1945-F&A Anderson Co— 4Xa Highway 1938-43-F&A Charleston—4%s Jan 62.J&J 6 2.50 104 ■ 99 101 .. 6 2.00 to 3.50 3.30 1.50 to 3.20 3.50 6 1.50 to 3.50 3.10 3.30 6 3.60 6 1.25 to 3 20 6 1.25 to 3.20 6 1940--—J&J 434s Hospital '38-'56—J&J 3.40 3.40 6 3.60 6 6 1.50 to 2.75 1.50 to 3.40 6 Clarendon Co— 6 6s May 15 *38-*40—M&N15 Columbia 5s Ref 1941.-M&S 4%s Water 1945 J&J Greenville—5s St 1942—J&J 5s Water 1958 opt *38 F&A 3 Xa water ref 1939-76 M&N Greenville Co 4 Xa '40-'55_ J&J 4Xa Highw 1&8-1945.F&A Greater Greenville Sewer Dist 4%s 1967 M&N Kersnaw Co— 5s Highway 1938-1946.F&A Lancaster S D—5s 1941 — J&J 6s July 1946— J&J Marion Co— 4X8 1938-1941 M&S 1.50 to 3 50 1.50 to 3.50 1.00 to 3.00 5.00 125 3.40 "3.25 1938-1939.J&J Spartanb'g Co 4%s'38-'47M&S 1938-1952--J&J Sumter Co 5s _. b J&J b 2.00 1955—M&S b to 4.00 to 4.00 4.40 3.75 4.00 to 3.50 6 2.75 tc-3.50 6 4.00 3.75 6 3.00 to 4.00 to 6 2.50 6 3.00 101 104 b 1.75 to 2.75 0 i'.75 3*40 to b 1.75 to 3.35 6 3.36 to 3.50 434s 1938-1953 J&J 434s 1954-1958 J&J Beaumont— 5s 1952 opt *32—-—-A&O 6 3 85 3.75 % 5s Water Works 1954.M&S 5s 1938-1939 a&O 6 2.00 to 1.75 3.90 5s 1940-1965 —a&O 6 3.25 _ J&J 434s 1938-1970 4s 1942 opt 1922 6 2.75 99 101 , ---J&J 5s SchBlg&Hos *52op 32J&J 434s 1938-1961—— J&J 5s 1938-1942 3" 50 6 3 00 „ 6 2.50 to 4.00 J&D 100 a&O 6 2.50 to a&O 6 3.90 to 4.15 534s Impt Apr 10 1956-1965 6 4.25 334s 1938-1952 4s 1953-1977 to 3.00 3.25 l938-*50—J&J to 3-75 4.is 434s 1938-1942 M&S / 68 5s Road Mar 15 1938-1957— / 68 3 65 76 100 101 60 6 2.75 to 3.75 6 3 00 6 2.75 OorpuB Christi 5s fd to 4 00 6s Water Oall&B—■ to 3.90 '67-F&A 1937-1959—F&A / 55 ' ,37-'40-A&0 6 1.00 to 2.90 % -—-.—M&S 6 3.25 J&D J&J15 6 1.00 to 6 1.00 to 2.90 5s June l 1938-39 5s Jan 16 1938-'40 less 1 2.75 6 6X» Jan 15 1943 J&J15 3.20 less 1 6 3.30 to 3.70 4H§ Rural Credit 1942..J&J 4%s Rural Credit— 6 3.25 to 3.60 Due May 1 1943-'50__M&N 1 '43-'49—F&A 6 3.15 to 3.30 F&A 6 3.00 to 3 8Ks 1943 to 1946 3s Feb 1 1947. F&A To be called for payment. 76 11 M&N M&N 6 2 00 3.00 6 2.00 3.00 2 25 3.00 6 2 00 SOUTH DAKOTA 5s Rural Ciedlt 6s Sept 1941 4.00 % Cameron County— 3 25 99 20 100 0 Basis. pages 19 91 & 1.80 1 25 1.25 to 2.50 1.75 to 2 40 to 3.25 2.50 1.95 3%s 1937-48 J&D 6 0.50 tc 2.50 6 0.60 to 2.50 4Xa Oct 1 1937-1949—A&O !io Middlebury 4s*41 op '21.M&N Rutland 4%s 1946-48 J&j 63.05 to 3 .15 % virginia 434 193845M&N 434 1946-65 M&N 6 2.25 4s School 1938-1951 J&J 6 2 25 98% 2 34s 1938-1957 J&J Dallas Co 434s Apr 10 1951.. 6 3.25 5s Viad't & Bridge Feb 10 1954 opt 1924 Apr 10 100 (Commonwealth) 1962 3 X % ctfs of indebt July 1 * 39 ---- 2 z%8 Refunding 1947—-60 J&J lXa Refunding 1938—-46 J&J Albemarle Co 5s 1948 J&J 3.00 % n 2.80 4s Alexandria 6s to 4.25 texas 5s 1938-1960 » T 1938-1958—J&J 4Xa 1938-1970 Ref 4s Aug 2.25 to 3.40 1940-1951—M&S „— STATES—See VERMONT 3.40 6 i Austin— * &3~bb" 4%s Water 1940-1965.J&J 6 3.50 5s Sept l 1939— 6 4 00 5s Nov l 1943 lork Co 4 Ha 3.40 92 92 6.25 3.40 F&a ' Abilene 5s Feb 15 *59-^65—— Amarillo 434s'38-58-M&S 15 3.40 3.40 92 90 . Brazoria Co— Spartanburg— 4Xa Water 6 3.75 6 4.00 90 90 1.90 5Xa April 1 1941 J&J 1.50 4Xa Road 1939— J&j 1.50 4%s July 1 1939 J&J 6 0.80 Ogden 4X% 1937-1945-F&A Salt Lake City— 1.90 5s Refunding 1941.....j&J 1.00 4s Ref 1938-1945 A&O 2.50 4s Ref 1946-1965 A&O Salt Lake City 8 D— 4s May 1 1949 M&N 6 2 70 Salt Lake Co 4%s Apr 1 1942 6 2 05 100 to 5.50 90 10 1960 UNITED 2.00 2.25 1.00 to 3 -25 6 1957---A&C H'se *49—M&S 534% Highway 6 5 00 6 3.75 M&N 5Xa 1937-1940 1.50 to 3.25 3 60 % 3.50 92 92 90 UTAH 6 6 ^ 434s High Sch 534s Fdg 3.40 to M&N 5s Feb 101 to 3.30 3.40 3.50 2.75 100 1953-F&a Washington County-5% Fdg Jan 1 1954 White County— to 3.50 6 3.25 3.70 % 6 3.90 # to 3.40 3.15 lO'fr-'Sg-A&OlO 6s 1950 103 1950— Tipton County— 434s Road July 2 38- 58J&J b 2.00 to 3.15 to 2.80 3.25 101 434s 1937-1968 M&N 434s 1938-1967 -J&J 434s 1938-1948 M&S Polk Co 5s 1938-1946—-J&D b . to 3.50 105 100 *38 (tex-exem)_J&J 6 1.60 3 Xa Wat Works '38-78A&0 95 Oheraw 5s '52 opt *32—July 1 4s Refg to3.50 6 2.00 6 2.00 6 1.00 F&A10 4%s 1937-1960 J&D 4Xa 1938-1946—F&A 10 'A 99 5s _—— Co—5s Cumber¬ County--„ 340 6 3.60 1942..j&J 4X8 Water 1938-1968-j&j 103 4Xa— - 434% Jail 2.90 6 3.60 3.40 3.15 3.15 1943.. j&J 4%s 1937-1968 F&A 3s July 1 1938-1951 J&j San Antonio SD5s '56-.F&A Tarrant County- 100 101 a&O 5s March 1938-1960-M&S 5s Memorial Sq '38-50-M&8 Smith M&S Sept 1937-1959 5s St Impt Dist No 2 Wichita Falls— 5s Aud Mkt to 3.10 4.25 % 6 4.40 5%s W W 1938-65—M&N 6 3.15 3.75 % 96 6s 1938-1942.—— to 3.25 F&A 5« 1938-1970 98 434s Road 1948Shelby County— 8%t Refunding 1940-55 1 3.60 % Port Arthur— 5s Water Works 96 Robertson County— CAROLINA f i Waco— 91 48 Courthouse SOUTH 3.00 2 90 4Xa Oct 1952-62—A&O land River Bdge 2.50 to 4 35 % co 3.75 % 3.20 to 375 % to 6 3.10 Houston S D 5s Feb 1952 4%s 1937-1951 J&D 6 3.00 Palestine 5s Sch Aug 1 1939, 6 3 85 1944, *49. *54, *59, *64 97 Nashville— £s Funding 5s Funded to 2.60 % to 3.50 95 431% Highway *38-*49 J&D Memphis 5s July 1954-—J&J 58 River Term *38-'48-a&0 434s Water 1938-1962-J&J 434s Water 1949----—J&J 434s Park 1959 a&O 434s 1938-1955———J&D 4s 1938-1954 M&S Montgomery 4 %s funding 1941 -J&D 61.00 6s Fund 1938-1961--—M&N 61.00 1938-1967 60 % 2.50 „ ---- 4s Funding 2 00 to 3.25 1942-1947 Madison County— to 2.80 % Woonsocket— Sb 2.80 % 2.50 to 3J5 1.75 6 2.15 4Xa 1938-1967 3.80 3.60 434s— Water 4 34s 6 0.75 4.50 6 2.00 1958— 3.00 % 6 3.10 4.70 •' / ; Refunding 6s Jan 1 General Obligation General Obligation General Obligation Funding 534s Sept 3.60 3.60 Impt 1940-55(s-a) .J&j I 2.25 % 6 2.00 4,_ 5s Refunding 434s Jan 1 1958Refunding 4%s Jan 1 1958Refunding 5s Jan 1 1958— % 2.50 -J&J 4Xs 1950 4Hs Sewer 1952 4X8 School 1954 Knoxville— I?25 InS Sch D 3s *38-*66-F&A s ^ __ 4.35 % 6 4.40 San Antonio— 5348 Impt 1937-1946—J&D / 88 County— 6 3.90 434s Bridge May 1 *51 M&N Knox to 2.00 5s Ref Oct 16 *41op*31.A&0 3.15 4%s Sept 1937-1952—M&N 4X Oct 26 *38 op *28.A&O 4 s 1938-1957 J&j 6 3.25" 4 Impt 1938-39 (s-a). J&j 6 2.00 4 2.75 to 3.00 86 to 3.75 2.15 2.90 4.00 6 5.00 1938-1948—J&J Johnson City— % 15 1948-— —-M&N High sch 1954-J&D Pawtucket— 2 25 3.00 4.00 4.00 2.50 2 25 2.75 4xa Road Apr 10 'SS-'OO— 6 3.15 Houston— 5s Sewer 1939 M&N 6 2.50 92 _ . Ja434snRef to 3.50 6 1.00 4s May Hamilton '38-r56-A&010 3.25 3.75 to 6 3.00 3.00 6 4.75 434s, 1940-1958 — — County 6 4.00 434 % Refunding 1957-A&O 6 3.80 5% Bridge 1944- 2.40 6 J&J '17-A&0 2.50 2.50 1.00 —A&O 4%s Grad &c *48op*28 J&J 4Xb Grad &c *49op'29A&0 Galveston County— 5s Bd Apr 10 "olop'31 A&O Grimes County— 5X8 Road 1938-54.A&O 10 Harris Co 4s *47 op 4 Xa Apr 10 3.75 4.00 6 3.50 Ind Sch D 4s *38-*64—F&A Galveston— 5s Grade Raising 1944.A&0 5s School 1938-1954—M&S ! 90 Gibson County— 1.10 % to 1.90 6 2.50 N^Wl939...-...M&S 6 to 3.60 45*s Road 1947 opt *39-J&J 6 3.00 Davidson County— 434s Highway 1947 J&J 6 3.00 5% Co Memorial '38-50J&J 61.00 83 Dyer Coref 3%-4%s 1965 6 1.25 A&O 3.30 Cocke County— 6 1.00 4s 3.00 to 3.40 1959—J&J / 84 / 85 Fayette County— 4%s Road 1958 T 1.75 5%s road Chattanooga— 4Xa School 1956 A&O 6 4.25 4%s Memorial Aud '52M&N 6 4 25 5s Hospital 1954 M&S 6 4.25 ISLAND J&D 2.90 3.25 101 1.50 1.50 County— 5s funding Jan 1 M&S Cranston— 2.50 3.75 6 2.90 63.10 6 3.40 3.90s Sept 1 1955-1958 — 100 3s Sept 1 1946 —4Xb Jan 1 and Feb 15 1939— 6 2.00 6 2 00 4 ms Jan 1 1939 6 2.10 4%s Dec 1 1939 63 15 6s July 1 1943 6 3.50 6s April 15 1946-47 6 2 30 4s 1940-1955 6 2.40 4X8 1940-1967.— 6 3.25 Bridge 4%s 1944-1945 2.65 3.10 3.05 b 1.30 to 2 50 b 1.30 to 3.10 to 6 2 55 District—_ 1977 1 less J&D 6 2.50 J&J Refunding 1941 5s 1938-1956 6 1.30 1% June 1 1939-43—- J&D 8% Public Wks 1951-56-M&S 4s Charlt Inst 1965 M&S 4s June 1 48 Net Ask A&O 6 4.10 j&D 6 4.10 f&A 6 4.10 F&A 6 4.10 4X8 1938-1971 4 %s 1938-1964 TENNESSEE 100 Unempl Relief *38-M&S June 1 1939 J&D 6 1.15 1 Fort Worth— 5s 1951 5s 1938-1959 103 X 4%s 1938-1956 J&J 6 1.90 to 3.10 WIlkes-Barre— 6 1.75 to 2.50 4Xa 1938-1940--——J&J 6 2.60 to 2 80 4%s Impt 1940-1945._-J&J 6 1.10 to 2.20 lork 4Xa 1937-1943—F&A RHODE 98 5Xa Dec 1 1940 6 1.15 - _--- 70 94 To or Sioux Falls S D—- 4H% 1937-1953----J&D 6 2.75 to 3.00 Reading 5s Impt 1943-49-J&J Schuylkill County— 61.90 to 3.10 4%s 1938-1955----—-J&J 6 1.90 to 2.70 Scranton 4%s *37-41— F&A 6 2.00 to 3 20 5s 1937-1950 £&A to 2.00 4s 1938 Scranton School 60 107 Relief— Public Works 98 107 X "fflWo J&D 4s 1938 to 1939—- — -J&J 2 H8 July 1 1938- 56 —J&J 98 94 Stanley Co 4 Xa fd *43-*48 J&D 102 104 105% July 1939 J&J July 1942 J&J Jan 1 1946 J&J Feb 16 1955 J&J 4s Nov 1 1966 J&J 4s July 26 1972 —-J&J 3%s July 1 1986 opt 1950— 94 4Xa fund 1938-'47-M&N15 Perkins Co 4%s fd '38-*47 J&D Bonds Bid Bonds Net Ask Corson Co 5s fd 1938-*47 M&N Jackson Co— 108 106 107 4s 4s 4s 4s To or Bid Net Ask Bid Bonds Yield Basis Yield Basis Yield Basis 101 6 175 6 1.00 2".io % 175 loo 1937-1956.A&O 6*1.00 Arlington Co 5Xb '38-*54 F&A Bristol 5Xb Sch 1938-53 - J&J Charlottesville 5s 1962..M&S 5s Water Impt 1958—J&J Danville— 4Xb Ref Aug 1942 F&A 4Hs July 1 1939-1950--J&J Fairfax Co 4%s 1945—F&A2 to to 340 6 1.50 to 3 50 6 2 60 to 4.25 6 3.75 3.25 6 3.75 3.25 6 3.00 6 3.00 to 3.60 ';y.t 3.25 6 3.00 2.75 Henrico County— School 5s 1938-50.—..J&J 6 1.00 to 3.25 4%s June 11957 J&D Lynchburg— 4Xb Pub Impt 1939.1—J&J 4Xb Pub Impt 1946—J&J 4Xa Water 1951 J&J 4s Pub Impt 1939-1959.J&J 3.50 , 6 1.50 1.00 6 3.50 6 3.50 6 1.50 300 300 to 3.50 ; : 4XB 1948 —j&D 6 4.50 4%sFeb 1953 F&A 6 4.50 4s street Nov 11941—M&N 6 4.00 3.50 3.50 3.50 Newport News— „ _ Norfolk— 4 X % April 1941-47 5% Water May 1952 6% Port Terminal May '525%% School Oct 1961 Petersburg 4Xa 1952—A&O 6 4.00 6 4.00 6 4.00 'v' 3.50 ::; 350 3.50 6 4.00 3.50 6 4.50 3.50 Portsmouth— 6 4.25 6 4 25 3.80 3 80 6 4.25 6 4.25 3 80 3 80 J&D 6 4.25 3.80 F&A 11942-.A&0 4HsScb and Sew 1938.J&J 4Xa 1938-1954 J&J 5Hsl951 4Xb Impt Oct 5s Water 1948 Richmond— 2.80 2.80 1949—.........j&J 4 Ha 1958 J&J 4X8 July 1 1964 J&J 4Xa July 11941 J&j 4Xb July 1 1965 J&J 4s 1938 to 1943 j&J 4s 1941 J&j 4s Elec Light 1942 j&J 4s 1943 J&j 4Xb 2.80 2.50 2.80 2.50 2.50 2.50 2.50 El Paso— 5s W W A&O purch 1950 /Flat price. 4.15 64.35 5s Fund 1951 opt '31--M&S 6s School 1955 opt '35—j&j 5s Impt Aug 1 1948—F&A 6 4.00 4Xa 1938-1960 A&O 6 2.00 3.75 % to 4.00,% X Optional to Jan. 1 1938 at 105, 1943 at 100. 104, 1948 at 103, 1953 at 102 and 1958 at ' | -Si -:-.i '■ ii- AUG., 1937] STATE AND MUNICIPAL Quotations for all securities Yield Basis Bid Roanoke— * 4%a Street Impt May 1940 4%a Pub Bldg 1941—M&N 4Hs Pub Bldg 1944—M&N 4Hs April 1952 A&O Staunton 5s 1937-58 M&S Tazewell Oo 5s 1938-46—J&J Washington County— 5s school 1938-49——J&J Ask 3.00 3.00 3.00 6 3.50 3.00 6 2 50 to 3.50 6 2.50 to 3.50 4^s 1938-1957-":.. A& O _ 4% Gen oblig 3H% Gen oblig 1948-50 b 2.60 1950-51 b 2.60 to 2 75 3%% Gen oblig 1951-52 6 2.60 to 2.75 5%sF52 opt '33 A&O to 2.75 Refunding 6s 1953—M&N Everett— 4^s Gen oblig wat.1937-59 6 1.50 to 3.75 Revenue Bonds— 5%b Water 1938 M&S Water ref 1937-45 1.50 to 3%a Water ref—1937-39 6 1.50 to 2 %s Water ref—1940-42 62.00 to King County— 1.50 to 4%a Bridge 1937-38—M&N 2.00 to 44 Ha Bridge 193949.M&N 4Kb 1937-1950 M&N 2.00 to 5s Pierce County— 5s Sept 1, 1937 6 Basis, i 4 6 1.25 6 1.25 6 1.75 Ms ref wat 1938-'54—J&J 2.50 1.75 3.25 3.25 3.00 3.40 4s to 4.10 to 3.90 to 3.80 6 2.75 Mercer Co 5s '44 op to 3.10 6 2.00 to 3.25 6 2 00 6 3.75 6 2.25 to 4 30 to 3.75 4.20 as near as possible for the Reserve Capital to I WISCONSIN Eau Claire 4Mb 1938-'44.J&J 6 0.75 6 1.50 6 1.50 to 3 50 6 1.75 I to 2.25 % 61.25 to 2.00 % Madison— to 2.80 % 4Mb 1938-1949 J&D 6 1.00 Milwaukee—5s 1938-'40.-J&J 6 0-50 4%a 1938-1945 J&J 6 0.75 to 3 40 4Ms 6 1.75 6 2.50 to 3.00 61 6 2.75 to 3.25 % to 3.00 % 6 1.75 to 3.20 % 50 % 4s Agricultural (Watet'n) Amer Alliance J&J 6 0.75 to 2.50 to 2.50 to 3.50 to 2 80 to 2 00 to 2.50 to 2.50 to 2.60 to 2.55 to 2 70 to 3.25 to 2.75 to 2.75 to 3.25 to 3.75 to 1.25 % WYOMING 4s Road 1951 1.90 opt 1941—A&O 6 2.25 Natrona Co S D No 2— 5s 1937-1944—.. J&J 6 2 00 to 325 10 10 share 4.356.634 1,000,000 200,000 6,226,166 4,167,426 (N Y) (Boston) 71,005 770,437 11,483,367 1,190,142 2,024,031 761,633 / 5,795,443 8,192,322 2,373,440 2.947.936 4,347,850 2,101.956 4.973,696 Merch Fire Amer Home Fire(N (NY). Manufacturers Cas'ty (Phila) Maryland CasualtyMass 2,000,000 10 500,000 1.038.021 644,349 24 5 10 400,000 1.500,000 441,318 2,492.244 1.841,318 3 (Boston) 100 Conn Gen Life (Hartf) 10 3,127,599 136.993.878 10 2,000.000 5.000,000 1,000,000 5 1.750.000 1.000,000 3,343,740 Amer Amer (Newark) 2% Reinsur (N Y)_ 10 Reserve (N Y). 10 States (Ind'nap) 10 Surety (N Y)__ 25 1,000,000 Y) Automobile Ins (Hartf) 10 (Bit) 2% (NY) 25 100 Buffalo Ins Co (Buff) 100 CamdenFire(Camden) 5 Carolina (Wilmington Baltimore Amer Bankers & Shipp Boston (Boston) N.O.) 1,000.000 300,000 7,500,000 5.000,000 1,500.000 1,000.000 3,000,000 1,000.000 Nat'l Casualty (Hammond, Ind)- (WaslPton). 50 Eagle Fire (Newark). 2% EmployersRe-ins(KC) 10 Excess Ins (N Y) 5 Federal Ins (Jer City) 10 Fidelity & Dep (Bait) 20 Fidelity-Phenix (NY) 2M Fidel & Guar (Bait)10 3,903,196 5,000,000 71,826.432 100,000 381,038 1.000,000 1,051,821 1,500,000 2,500,000 755.095 502,710 4,000,000 11,894,919 2.400,000 5,116.134 (Wash'ton) 20 Firemans Fund (S F). Flremens Ins (Newark) Franklin Fire (Phila). 25 7.500,000 16,057,897 5 5 9,397,690 11,072,999 3,000,000 12.449.757 1,000,000 5,397,308 500,000 1.011.072 1,000,000 1,828,604 General Reinsurance. Georgia Home Gibraltar Fire & Mar 10 5 10 10 2d preferred Gr Amer Indemnity (New York) Great Amer Ins (N Y) Halifax (Halifax, NS). Hamilton Fire (N Y). Hanover Fire (N Y). Hartford Fire (Hartf) Hartford Steam Boiler (Hartford) 5 5 15 25% 24% 1 5 10 1,000.000 3,933,913 8,150,000 28,572,635 2,000.000 568,614 688,419 38,995 8.746.031 >4,548,418 10 200,000 10 4,000,000 10 12,000,000 49,476.073 5 Home Fire Security.. Homestead Fire (Bait) 10 10 10 Importers & Exporters (New York) 3.000,000 7,955,253 14,500,000 C4,598.858 1,000,000 2,965,086 4,932.000 193,779 1,000,000 1,212,966 5 - 2.081,290 200,000 , 422.519 31,155,533 (Philadelphia 10 1.000,000 2.226.143 ton 25" 27% 1,524,802 1.424,975 11% 13% 1,000,000 1,115.111 750.000 750,000 5,000,000 22,234,295 4,000,000 11,328.842 100,000 320,937 20 1.100,000 1,117,004 706,343 14.621,852 3,368,880 91,763 6,691,342 10 5,520.351 - 4,000,000 5,801,131 13 % 14 1,000,000 2,447.964 1.453,466 33% 35>* 3.000,000 9,282.912 4,314.470 50 51% 1,000.000 1.576.168 1,000,000 3,208,554 2,000.000 U»,000,215 1,000,000 5,932,330 1,636,245 2,066,520 5,809.845 4,319,050 47 % 50% 26 ii 27 2,000.000 1,000,000 1.000,000 1,000.000 1,000.000 550.000 700.000 5,387,212 2,638,603 5,132,465 771.637 125 29 130 30 12 13 3,721"; 132 3.147" 575 127% 131 866,344 230,285 256,954 1,000,000 1.381,463 6.000.000 38,182.318 28.502 10 10 25 10 5 10 10 10 1.691,588 17% 19% 7,579,972 4,273.235 33 35 l.ooo'.ooo 2,057",089 2,000,000 2.742.889 1,000,000 1,864.874 1,157,237 1,000,000 10 25 1,000,000 1,500.000 U S Guarantee Co Unlver Ins (Newark). 10 8 . 879,1 _ 2,121,180 1,160,062 1,675,507 1,704.712 2,396.949 4,000.000 22,419,614 500,000 1,548,511 1,000,000 1,324,040 2,000.000 4,580,974 606,865 715,016 3,904,700 5.000.000 14,253,397 1,091.638 11,322,935 1,155 5 500.000 100 4,000.000 100 20.000.000 U S Casualty con vpref 2 1.000,000 U S Fidelity & Guar¬ 2 2.000,000 anty (Baltimore) (J S Fire (New York)4 2.000,000 Ass'nceJCas) Travelers Fire (Hartf) Ex-dividend. 16 87 2,751.917 Sun Life 20,087.097 o 15 83 1.000,000 10 21 100,000 512,461 8.255.807 15" T 3,000.000 -- Security Ins (N Hav). Springfield Fire & Mar (Springfield, Mass) I Stuyvesant Fire (N Y) 75.631 102,778 Washing¬ (Providence) 5 10 917~,457 100 25 ib 44.874,929 2.129,771 97 20 5 25 74H 9% in 131% 136" 557,769 Seaboard F & M (NY) Seaboard SuretyjNY) 34 i 19% 67 M 981.327 II* 23 9 \ 65% 1.000,000 — Gofstetepf $525,0001st preferred, $563,413 x 52 10 Republic (Dallas) Revere (Paul) Fire Rhode Island (Prov)Roch ester American (Rochester) 42 M 19 M . a 5% 1,018.205 ReinsuranceOorp(NY) Reliance Ins (Phila) 811,319 2,848,145 8,647.086 18.118",207 652.938:688 2 JX 23 m 24% 26% 7% 26 26 28 27% 9 11 10^ 210 34 215% 10^ 29 % 33% 116 12% 30% 35 119 6% 700 494 7% 750 504 2.147,255 2,145,325 9% 10 7.329,395 23.248,606 2,000,000 5,227,916 400,000 1,863.501 13,732,443 9,315,899 2,569,525 406,512 22% 23 11* 55% 59% 17% 20 1,000,000 1,308.763 375,000 649.639 1.000.000 11,613,091 400,000 876,396 592,908 20,527.486 5,281,108 31,476 Virginia F & M (Rich¬ Insur Co of Nor Amer merged in 1930 with American Reserve Ins. Co. 34 5% 64 Accident (New York) Providence 6,765.043 *1,920.780 4,969,752 Preferred Insurance Oo of State (Philadelphia).— 10 12,000.000 65.872.181 Kansas City Life (Kan¬ sas City, Mo) 100 1.000,000 9,478,934 2,000,000 3.747,992 1,000,000 110010.710 750,000 400,000 703,250 4% 32 1.000,000 Phila Nat (Phila) Phoenix Ins (Hartf)— 1,164.001 3.656.717 13,182,221 11,035,621 11,035,621 share 17 4% 3,824,104 J Brunswick Fire (New Brnns N J).. 10 New Hampshire Fire (Manchester, N H) 10 New Jersey Insurance 20 (Newark, N J) New York Fire 5 North River Ins (N Y) 2% Northern Ins Co(NY) 12' Northwest Fire & Mar Occidental Ins (S FL¬ OW Line Life (Milw). Pacific Fire (N Y)__. Pan-Amer Lire (N 0)_ Peerless Casualty— Phila Life (Phila) 862.173 6.126,390 5,476.241 5,476.241 New (Minneapolis) NorthwesternNational (Milwaukee) 2,073,384 0,124,501 2*400,810 2,799,143 2.799,143 1.000,000 Nat Union Fire (Pitts) New Amsterdam Cas 8,125,172 19,276,020 31,895 733.822 3,073,364 609,183 2.226,265 6.397.772 14.792.093 2.953.436 9,050,342 248,540 12.581,703 12,277.295 6,636.525 15 tl.163,414 f 10 Home (New York)—. Home F & M (S F) 2,500.000 10,265,336 1,000,000 3,487,420 1,200,000 19,728,971 1,823,101 144,035 Insurance (Providence) National Oas (Detroit) Glens Falls Insurance (Glens Falls, NY). Globe & Republic— Globe & Rutgers Fire. 2.583.255 225.577 Ask. Per 15 61^ 49 (Newark, N J) 6,064,272 171,396,914 2.432,617 19.533,628 3.750.000 57.994,448 1,000,000 2,000.693 2,000,000 9,800.058 200,000 463,678 Fire Assoc of Phila— 12 »2 Merchants Continental Continental Ins (N Y) 2% Bid. Bonding & Ins (Baltimore) 2.168.299 S Merchants & Mfrs Fire . Life Continental Assurance 10 Assur/com 2Y (New York) jpref 10i Merch Fire (Denver)10 Central States Life (St Louis) City of New York (NY) Reserve $ 10 340,779 1,859.397 16,284,614 6,123.138 2,118,887 300,000 5,120,993 6,831,284 2,621,129 2,980,159 15,134,403 2,331,872 5.026,399 10 Amer Insur Premium 1936 Capital % 1,000,000 210.000 Lincoln Fire (NY) 3,000.000 — (Hartford) Lnearned Surplus 31, Par 10 ?i° 1938-1944 4Mb Ct H'se'27-*50 M&N 15 6 0 75 to 2.65 Ask. Amer Equitable (N Y) 5 Amer Fire (Wash'ton) 100 * A&O 6 0.50 Milwaukee County— J&J 6 2.50 to 2.60 J&J 6 2.50 to 2.60 M&S 6 0.50 to 2.30 13,240,995 16,583,266 7.658,984 5,040,327 1.863.963 of Pa 1938-1947 6s W W 1937-1960—M&N 6 0.50 Knickerbocker 3,000,000 12,443.233 7,500,000 19,356,455 10 15,000,000 18,266,430 25 3,000,000 6.123.209 Fireman's 3.50 to closing day of the month preceding the date of Issue. Casualty & Sur (Hartford)... Aetna Insur (Hartf) Corcoran to 3. 3.10 to 3.10 Dec. Bid. Per Columbian 3.50 100 100 3.40 6 1.50 6 2.20 Unearned Premium 1936 Surplus Amer to Morgantown 5s 1938-48—J&J 6 2.00 Wheeling— 5s Wat Wks 1938-52 J&J 6 1.50 2Ms Sept 1. 1946-1960—M&S 6 2.30 to 2 50 2 Ms May 1 1944-1962 6 2.00 to 2.35 1.40% July 1. 1938-'39--J&J 6 0.25 to 1.10 Charleston 4Ms'41 opt'27J&J 100M Dec. 31, Amer *24 A&O 15 to 3.60 f Flat price Par Aetna Life J&J 6 1.50 , J&J 6 2.55 July 1948-1952 3 Ms 1951 and 1952 3 Ms 1943-1952 3s Sept 1. 1937-1946 Quotations are Aetna Clarksbg S D 5s'41 op'21M&S 100M Hancock County—6s Grant Road Dist '46 opt '32.M&N 99% Huntington 5s 1944 Oct 6 3.25 - to 3.40 to Clarksburg 5sl937-1953.A&0 6 1.50 4Mb Sew Mar 12 38-'45 6 0 75 4Mscourth'se '37-49 J&D16 6 0 75 sewer 1939—M&N 2.00 Racine—4Mb *37-'57—m&N 6 1.00 5s Wat rev 1938-'51—J&D 6 2.00 to 3~30 % 6s 1937-1941 F&A 6 1.00 Racine Co 5s 1938-1940—J&J 6 1.25 WEST VIRGINIA 4Mb 1938-1950 J&J 6 1.00 5s Highway 1938-1946-—J&J 6 0.50 to 2.50 Superior 4Mb Sch 'SS-^-J&J 6 1.00 4Mb 1945-1954 J&J 6 2.40 to 2.65 Wood Co 5s 1938. A&O 6 0.50 4MB 1938-1943 J&J 6 0.50 to 2.40 4s 1939-1950 J&J 6 1.35 to 2.60 Yakima— 5 MsG O 2.00 100 4%a 1937-1944 Port of Seattle 5s ,37-,55 M&S 4%a Jan 1938-1955 J&J Seattle— ; 6s 1938-1941 L & P A&O 5%a L & P 193843—M&N 5s Light & Pow 1942-56A&0 4% Lt & Pr 1939-'58—M&N to 2.50 Walla Walla— 3 .00 Ask to 3.50 _ 101 Bid Charleston S D— 5s 1938-1952 ^ 4s 1946-1950 M&N Spokane— 4%a Park 1962 J&J 4s & 4 Ms ref 1938-51— J&J 3Ms Ref 1943-1954 —-J&J 4 Ms 1938-1954 M&S 5 Ms 1938-1953 --J&J 5s Imp—Mar 1 1938-42... Spokane Water Revenue— 4%b-4%B 1937-41 A&O Tacoma—Revenues— 4Mb Water '39-*43 (s-a)J&J 4 Ms EIL&P '42-'46(s-a)J&J 4 MsEIL&P'37-51 (s-a) A&O 4s Water 1944-46-----J&J to 1.50 to 2.10 or Bonds Net to 3.50 6 2 00 6 1.75 4s mun lt & pr'37- 53-M&N 3 % munlt & pr '43-53 A&O 6 3 60 3 Ms mun lt & pr '38-'54A&0 6 2.00 Seattle School Dist No 1—■ 6s Gen Fund 1938 1940—J&J b 1.00 4%% Gen oblig 1938-1943J&J 6 1.00 Ask A&O 6 2 00 A&O 6 3.00 6 3.50 WASHINGTON Clark Co Bid Bonds 6 3.50 to 3.50 Yield Basis To or Net 6 3 50 6 2.50 ssue Yield Basis To or Bond* 99 BONDS possible for the closing day of the month preceding the date ofl are as near as 68M mond) West Coast Life (S F) Westchester Fire (NY) Wisconsin Nat Lire 25 5 2d preferred, and $75,000 junior preferred stock, t Policy reserve, a 38 16 ilH 33 35 15% 16% Company was \ I '• *■ • I > " V" ', J. If I Banks & Trust Companies STATE AND NATIONAL BANK STATEMENTS and are denotes 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 sales ' .. i '■ •> Figures of deposits, capital and profits for the National banks are from the Comptroller's last call; for obtainable, direct returns being procured by us where no periodic statements are tutions they are the latest the Clearing House banks National Bonks June 30 v all other insti¬ required. For of New York, deposits are taken from the latest weekly statement. State Institutions Capital Surplus & Profits National Banks June 30 ALABAMA June 30 Gross Par Deposits Capital Ask Bid State Institutions CALIFORNIA June 30 Gross Surplus fe Profits Deposits Blrm'ham Tr A Common Per $ $ I-. 125,000 Birmingham— Bank for Savs.&Trta. Nomi nal. Long Beaoh— share. Farm A March Bank- 50 1,203,973 82,264 WesternTr A Say Bk Sav 500.000 I .. 944,959 al.840.000 Preferred-.. 126,000 Industrial Say Bank. d First National Bk— 81,700 e 2,500,000 /1.203.549 Preferred 506.272 232,783 225.000 15,387,528 2,832,588 share. N o re 100 50 cent Los Angeles— a50 California Bank— 52 25 55,751,238 7.300.000 / Per $ $ 1,000,000 I sales 25,036,694 1100 t 20 1,194,217 100 Common Common.....— Ask Bid Par Nomi nal. Preferred 55 ..... 5.000,000 12,506,855 101,920,429 1,000.000 41 39 /25 \25 Oltisens Nat Trust A 25 Savings Bank Farmers A Mer. Nat- 4,240,000 114,158,323 20 31 32 5,119.802,121,140,217 5.000.000 3.000.000 100 431 445 Secur-First Nat Bk— Mobile— 1,000,000 1,000.000 255,810 1,295,180 1,459,531 2,868,916 21,878,356 18,327,066 100 20 61 63 300.000 212,061 3,396,333 10 11# 12# 1,000,000 583,603 17,127,919 15 16 85,099 1,886,950 350.000 Amer Nat BkATr Co First Nat Bank. Merchants Nat Bk— 70 24.000,000 10.850.000 2,500,000 Common....... Preferred Union Bank A Trust 53 2,650,685 38,875,584 100 37,634,111 10,035,345 54 143' J13150,000 570,894,708 {25 147" 100 100 OaklandCentral Bkof Oakland Alabama Nat Bank- 3,750,000 1,480,476 Farmers A Mer Say- Montgomery— 300,000 240,492 300,000 348,663 5,804,870 350.000 650,000,. 150.000 300,000 741,611 14,708,286 31,631 307,878 1,713,778 3,756,734 100 First Nat Bank— Common........ Preferred 246.250 - 5* Pasadena— Oltisens Ooml Tr A 8 First Tr A Say Bk— Union Bk & Tr Co— Common Preferred— 100,000 — 50.000 j I* Common........ Preferred } Pasadena-First N Bk d Security Nat Bank- 125 125 20 100 Belma— 197,474 91,555 220,809 115,715 400.000 dl20.000 200.000 4350.000 City National Bank. People's Bk & Tr Co. Belma National Bank Belma Tr A Say Bank Sacramento— 100 *100 25 32 100 2,673,698 1,367,133 1,516,316 1,576,866 100 100 100 100 N o re cent 100 sa es Capital Nat Bank— d 967,000 1,077,378 30,289,137 150 Citizens Bk of Sacra- 165 Merchants Nat Bank d 50.000 246.750 145,000 143,180 116,963 66,804 1,532,860 5.020,564 1,205.532 4175.000 148,384 3,416,118 100 p25 37# '145" Sumitomo Bk of Cal_ i*, SanBernardino— American Nat Bank- v,'-' San Diego— First Nat T A 8 Bk National Banks June 30 41,500,000 423,791 26.018,162 San Diego Tr A B B Common 250.000 760,150 12,686,125 State Institutions ARIZONA Preferred Per 5,765,040 248.054 250.000 300.000 400,000 250.000 National Bank 15,400,000 Bank of Calif, N A— 6,800.000 Bank of Amer Nat Tr A Says Assoc Bank of America Phoenix Sav Bk A Tr 5,893,366 t 20 8,458,189 f 25 4,072,628 t 25 222,896 493,639 147,773 400,000 1.233.800 Common !r» ;l y ........ J 660,972 35,888,791 ! 0 re cent sa 6 16# lee Union Trust Co 250.006 Bon Arizona Bk A Tr Yokohama Specie Bk V . 389,812 ; 100 8,311,664 •'.J. . J . * • 5,314,790 211,775,572 8,312,429 109,384,624 60 26# 26 80 *201# BOH 54# 12% 9.000.000 1,000,000 8,541,696 206,651,259 4,168,370 295,730 2,217422 mmrnrnrn __ 325 100 350 49 42 50 43 260 285 V American Tr Co- l'; 7,500,000 16,493,475 265,449,619 7,500,000 Common........ Preferred.... 1 •• 135 125 20 -• 18,854,965 125,000 2,434,457 100 194 191,883 4,427,350 100 190 152 100 490,746 19,081.520 7.931.464 124,188,059 100 320# 375 8.568.465 156,972,799 1000 13.500 145 347,658 8,438,768 100 120 The San Fran Bank. Pacific Nat BankWells Fargo Bank A 4'v.'.-.,"?: V-"'," Tucson- "45" 100 100 — 1.500.000 500.000 1,000,000 1,300,000 6,000,000 6,000,000 1,000.000 Canadian Bk of Com Crocker First Nat Bk N 7.870,585 3,122,212 50.000,000 57,268.718 1280720,385 Bank of Canton..... Bank of Montreal Talley Nat Bank— Preferred 42,157 Anglo share 100 Phoenix— First Nat Bk of Aria. Phoenix Nat Bank.. 133,633 200,000 — San Francisco— California Nomi nal. Bisbee— 600,000 United States Nat Bk 4 Miners A Merch Bk. J25 ■; 102 125 497,500 Security Tr A Sav Bk June 30 § 4# 100 { 20 10,147,876 100 San Jose— First National BankSanta Ana- National Banks June 30 ARKANSAS ' 116,198 489,464 500,000 500.000 560,087 110,019 1,700,500 12# 564,700 435.300 233,896 10,437,777 1100 200,000 1,000.000 375.000 512,098 828,500 121,648 June 30 Preferred Norn indl. Per share. 293,000 830,745 4160,000 First National Bk— Common State Institutions Fort Smith— City National Bank. First National Bank. if erchante Nat Bank 600.000 Commercial Nat Bk. 100 25 * 300,000 200.000 100,000 395,342 9,122,489 20 102,707 40,490 300.000 1 3,319,523 1,127,210 25 368,215 10,390,575 (1673,500 302,276 J 20 20 13,573,983 ,, 0 Sale price, i Outstanding preferred stock consists of c -; " * 50.000 1 50.000 460,006 57,410 823,014 2,075,639 1100 1100 12,169,115 100 u * Calif. $1,140,000 1st pref. of $20 par 2nd pref. stock. ...... mmmmm March 4.1936. 350' ■ «- i • - J. / Dec. 31.1936 0 Quotations for 325 \ d Common and preferred stock outstanding., Savings deposits, e Preferred.. les slightly Pint BluffCommon cent Association's outstanding stock. Nat B of Commerce. Simmons Nat Bank. o sa (approximately 57%) of the Bank of America National Trust & Savings Transamerica Corp. will continue to own more than 42% of the bank's outstanding stock following the dis¬ tribution.. •' v .a re cent sa lee 60 : ' N re 100 b Stockholders of Transamerica Corp., San Francisco, Calif., on July 31, 1937 received their pro rata share of the distribution of 2,297,840 shares 25 ( 192.500 Preferred W V W or then Co— 100 100 value and retirable at $50 a share, and $700,000 of N Common.. m-'f- 4,782,635 11,094,023 2,283,938 t Controlled by the Transamerlca Corp. of San Francisco, a Little Book— Peoples Nat'l Bank. Twin City Bank Union Nat Bank— 1140 1100 100 2,769,097 7,417,847 9,785,428 , Commercial Nat'l Bk ........ Stockton— First National Bank Stockton SAL Bank Union Safe Dep Bk. ~ ' ' < -••.•I'yv ; the San Diego First National Co.. which controls 97% Trust A Savings Bank of San Diego, Calif. of the stock of the First National j. 1 V Last sale price, n \'*■ v"':57 New stock. Par value 100 yen.** ^ "•* • •*«• • • -1-- ; v." - * .»..«• AUG., 1937] BANKS TBUST AND COMPANIES National Banks CANADA (page 111) National Banks June 30 DELAWARE June 30 ' V Wilmington— Surplus & Profits >• Cross Ask Deposits Nomi nal. Per Colorado 8pgs.— Colorado Sav Bank. Colorado Spgs Nat B I ; Common Preferred class A-- : Exchange Nat BankFirst National Bank. shari. ... 69,384 2,410,505 7,302,918 10,107,053 100,000 I 90,000 300.000 300,000 382.060 t 422,243 8,230,676 97,438 4,995,005 11,392.553 37,406,566 NaTnae ST" DIST.0F COLUMBIA 0lherA^lTn' ' Denver— American Nat Bk— Common Preferred - Nomi Washington— Central Sav Bk A Tr Colorado Nat Bank Common Preferred Colorado State Bank Denver Nat Bank— 97,125 11,365,701 30,556,409 o Lincoln Nat Bank McLachlen Bkg Corp les 2,449,252 U S National Bank-. 34,971 22.400 2,157,836 Internatlonal Tr Oo_ 1,648,102 _ Pueblo— First National Bank. Minnequa Bank Pueblo Sav & Tr Co Common Preferred 55,776,291 1,021,640 648,891 26,886,497 15.081,454 500.000 30,000 600.000 •400.000 310,000 804,965 204,565 627,134 214,694 345.000 Nat Bank of Wash- cl,050,000 Nat Capital Bank 200,000 Nat Metropol Bank. 800,000 Biggs National Bank a 3.400,000 Income debentures Union Trust Co Wash Loan A Tr Co. June 30 33 150 100 100 60 100 100 m mm mem 35"" 165 200 ■mmmm.sa 75 130 rnmmmm 140 240 275 328 100 mmmmm: 40 125 295 308"" \100 8,017,967 60 274,459 4,638,695 7,013,092 48,954,003 loo 15,520.212 jlOO 5,276,488 10,727,899 25,437,109 100 National Banks June 30 State Institutions 20 mmrnmm 200 210 1.000.000 II,806,432 613,700 2.000,000 1,274,881 2.000,000 1,011,623 1.000.000 2,355,864 Common Munsey Trust Co- 16 10 100 100 361,076 a595,000 a588,000 nal7~ share. 150 100 1.417,500 Amer Secur A Tr Oo_ Nat Sav A Tr Co— u 100 86,435,478 M00 I,728,228 3.000,000 14,554,305 Preferred Second Nat Bank Secur Sav A Com Bk 5,319,713 CONNECTICUT 1,787,702 7,750,520 4,813,236 3,212,416 22,386,408 6,903,266 9,938,187 5,084,689 9,338,612 2,992,300 23,930,044 67,396 272,411 529,229 245,400 844,525 490.000 250,000 100,000 1,000,000 Common—....... 20,774,172 2,023,049 100,000 199,000 145,000 t Liberty Nat Bank-.. cent Preferred First National BankNational City Bank. Union National Bk Per Anacostia Bank..... City Bank Columbia Nat BankBank of Oomm A Sav Hamilton Nat Bank. 1,667,198 :| Common __ . 1,710,803 355,002 Co Nomi nal. Per share. $ 2,176,820 19,452,112 2,351,961 3,740,428 10,823,674 17,889,266 9,131,718 62,484,451 Industrial Trust Co. Union Nat Bank.... Delaware Trust Co.. ffiquitable Trust Co. Security Trust Co Wilmington rp«> 140,853 50,000 Institutions June 30 Deposits Central Nat Bank... Farmers' Bank Capital State Gross Surplus & Profits Capital Institutions State COLORADO June 30 ! State FLORIDA 100 188 m—mmm £ 90 : rnmmmm- 100 100 100 110 100 280 300 Institutions June 30 Nomi nal Jacksonville— Nom\ nal. Per share. Bridgeport— First Nat Bk A Tr Co Common Florida Nat Bank 12 Preferred b 43 7H 45 North End Bk & Tr Common....... 175 25 share 14 190 32 LakelandFlorida Nat Bank... 0 100.000 1,727,200 134,358 Miami— Amer Bk A Tr Co... First National BankFirst Trust Co Common...... Preferred 200.000 1,470,531 L .200,000 Florida Nat Bk A Tr Little River Bk A Tr Miami Beach First 1st preferred.... 2nd preferred West Side Bank— 100.000 29,047,360 169,474 6,773,054 1,563,552 800,000 14,456,224 100,000 400.000 National Bank Hertford— Orlando- Capitol Nat Bk A Tr 26 34 Conn River Bkg Co 30 100 50 10 100 100 First Nat Bank— 500 First National Bank 125 Glastonbury Bk & Tr Hartford Nat Bk A T Industrial Bank Phoenix St Bk A Tr East Hartford Tr Co Hartford-Conn Tr Co Park Street Tr Co.. Riverside Trust Co. 25 25 25 Common....... 6J 799,320 ...... . 65 8t. AugustineExchange Bk St Aug St Augustine Nat Bk 13 ...... 25 25H 8t. 100 .. .. 10,445,381 3,093,404 1,624,271 West Hartford Tr Co Windsor Trust Co... Meriden— Home National Bank Meriden Nat Bank Meriden Tr A S D Co Puritan Bk A Tr Co 100 160 25 58 1,013,504 1,972,674 243,343 6,327,014 Petersburg— 200,000 TampaBroadway Nat Bank 100,000 l.fcftO.UUU Exchange Nat Bank. First National Bank. a1,350,000 First Sav A Tr Co... 600.000 6,061,930 1,556,126 5,771 1,397,211 _ 22,886 52,618 Florida Nat Bank... 0 vZZZV. 100 5,216,914 3,126,018 Cit A People's Nat Bk Bo End Bk A Tr Co— Common. Preferred Travelers Bk A Tr Co 5,888,806 Pensacola— American Nat Bank. 280 43 72 25 5,084.394 Preferred Florida Bank "82H 25 Bimsbury Bk A Tr Co ... . 13 984,362 1,190,208 776.547 01.500.000 14 Black Kock Bk & Tr Brldgep*t City Tr Co Per Atlantic Nat Bank.. d3.000.000 Barnett N B of Jack1,500,000 15,715,783 15,604,527 1,649,563 West Palm Beach Fla Bank & Trust Co. West Palm Beach At¬ 100,000 lantic Nat Bank... d 50,610 1,380,526 200.000 208,088 6,753,480 New Haven— Amer Bank A Tr Co. First Nat Bk A Tr Co 211,243 Trademen's Nat 120 66 545 120 941,889 Oonv preferred New Haven Bk NBA Second Nat Bank.. 110 53 2,491,018 125 75 88 National Banks I Common Prior preferred 27,343,559 779,144 9,522,618 73 906,009 12,407,868 84 Bk 1 Preferred Un A N Haven Tr Co 65,033 3,131,818 100 'Mt Wlnthrop Trust Co. 1,001,344 14,964,718 300,000 491,648 4,829,546 Thames Bk A Tr... Bank A Trust Co. Fidelity TltleATr Go Per 348.976 91,260 192,593 46,176 2,529,466 re sa 640,000 78,696,437 86,436,475 30,292,093 100 <m m - + share rnrn-rnm no 20 21 10 36 87 H cent 1,681,574 872,869 103,490 2.891,778 4,536.001 n les 125 130 Fulton Nat Bank- Preferred Ga Sav Bk A Tr Oo_N 300.000 270.000 * 550.000 200,000 389,450 155,334 3,359,471 1,824,486 a a 100 260 100 •3,443,604 21,225,583 90 100 850 275 mmmmrnrn too 100 880 Sale price, t Branch oif Savannah. Includes preferred stock or debentures outstanding. 6 Retirement price. * < d Member of the Atlantic Group In Florida. Stamford— First-Stamford Nst'l Stamford Trust Co. Nomi nal. 200.000 Cltis A So Nat Bank. r5,000,000 First Nat Bank 5.400,000 Common Norwich— Uncas-Merch Nat Bk June 30 1.000,000 i 821,873 475000 997,500 224,206 Trust Co of Georgia. «2.000.000 2,449,516 135 Mew London- imm, Institutions State GEORGIA Atlanta— American Sav Bank. Common Nat Bk of Commerce New London City National Bank.. Union Bk A Tr Co. June 30 ' e 1.000.000 200.000 700.000 1,292,342 646,640 1,073,195 11,823,318 5,426,372 9,040,085 673,705 11,628,315 \< 180,724 5,462,224 Preferred Colonial Trust Co... Waterbury Trust Co Member of the Florida National Group, h Affiliated with the Barnett National k New Waterbury Nat Bk— Common...... /The Broadway National Bank of Tampa, Fla., chartered on June 30, 1937, represents a conversion to the National system of the Latin-American City, Tampa, Fla. Bank of Ybor g Waterbury— Oitls A Mfrs* Nat Bk Affiliate of the First National Bank of Atlanta, Ga. 2,738,015 207,042 stock. I Last sale. n 9,186,972 833,319 ^ Bank of Jacksonville, Fla. March 31,1937. r Combined statement. t Trust funds. x y Ex-dividend. Stock all owned by Travelers Insurance Co BANKS 102 National Banks June 30 GEORGIA Nat Exchange Bank- 142,065 Bid Ask Nomi nal Per share 8,9^5,242 451,322 2,891,778 400.000 • Par 100 78,696,437 3,169,997 • 750.000 National Banks June 30 Institutions June 30 Deposits % S Augusta— Georgia RR Bk A Tr Gltis A So Nat Bank. r5.000.000 COMPANIES TRUST no 100 189 20^ 194 21 90 Ash Bid Par Deposits Nomi nal ElginElgin Nat'l Bank., 78,940 649,805 161,817 300,000 100.000 Union Nat'l Bank. Per $ % $ 100.000 First Nat'l Bank.. 94 June 30 Cross Surplus & Profits Capital Institutions State ILLINOIS Cross Surplus Profits Capital State AND share. 100 1,496,949 7,349,633 1,478,291 100 100 :'lv Columbus— Columbus Bk A Tr.. First Nat Bk of Col.. Fourth Nat Bank Home Savings Bank. Merch A Mech Bank 5,925,651 1,641,378 2,084,421 1.180,639 2,657,502 784,348 200.000 108,199 138,000 43,803 300,000 75.000 200,000 339,749 2,000.000 758,044 858,988 660.000 1,361,653 11,290,008 24,940,183 14,879,106 200.000 93,900 150.000 14 97,092 2,512,868 72,722 1,394.464 100 B'dway Bk of Quincy 111 State Bk of Quincy 100.000 20,293 687.849 100 200.000 199,000 36,944 Mercantile Tr A 8 Bk 100 100 100 100 National Bank. Common...... 850,000 • Peoria— Cent Nat Bk A Tr Co Com Mer Nat BkATr 200.000 Peoples Bk of Quincy S'th8ideBk of Quincy State St Bk A Tr Co. 100,000 139,753 44,477 i v'%; N o re cent sa les Kirst 60ft ,000 Common........ Capital notes.. South Side TrA Sav B 110,000 500.000 78,696,437 1,207,323 6,701,242 2,891,778 61 210 City Bank A Tr Co.. First Nat Bk A Tr Co • 337 592 20 X no 100 Quincy— 10 Savannah— 2.891,778 78.696,437 id 500,000 686,600 156,098 226,309 4,669,658 3,886,570 100 1,614,187 1 Citizens Bk A Tr Co Common 200,000 146,000 Debentures J 84,900 lea {::: 21 20H 1 Debentures 100 Liberty Nat Bk A Tr Savannah Bk A Tr— •a 21 100 Oltiz A So Nat Bank. r5.000.000 o rec ent 20 Jefferson Tr ASav Bk 100 Maoon— Ottls A So Nat Bank. r5.000,000 N 50 20 5 ""50" "50" 40 3,721,805 1100 5,473,686 100 W 706,942 622,587 100 100 40 300.000 1,529,876 100 200.000 250,000 500.000 326,032 140,572 319,507 9,332,503 4,763,642 8,131,113 100 500.000 510,530 9,388.983 10C 150.000 70.000 500.000 200.000 241,518 130 50 40 16,166 92,384 5,148,175 f 50 50.000 Rookford— Illinois Natl Bk A Tr Co— i i Swedish-Am Nat Bk. Third Nat'l Bank National Banks First National Bank Illinois Nat Bank— June 30 Common Per .... Preferred Nomi nal. Boise City— Ida 1st NatBk ofBoise share. — Springfield MarineBk First State Tr A 8 Bk 600,000 Common Preferred... 600,000 First Security Bank. il .138,000 Boise Trust Co 125.000 .... National Banks 18,563,123 J 429,657 1,509,311 42,996 ILLINOIS June 30 100 •f-v N 26,762,918 100 100 89,413 [ 404,986 111,932 50 100 40 11,253.531 None O re , 40 Springfield- State Institutions IDAHO June 30 jor cent sa lea State Institutions June 30 . National Banks A:"" June 30 State INDIANA > Institutions June 30 Nomi nal, Aurora— Aurora Nat Bank— 160.000 107,791 Merchants Nat Bank 300.000 Old Second Nat Bank i 392,600 187,577 74,621 3,449,638 5,290,086 3,392,795 100 Per share» N 100 re 100 sa cent ies 160.000 100.000 Belleville Save Bank. First National Bank. 300.000 195,785 200.000 259,235 Clair Nat Bank- 160,000 173,541 68,853 39,729 3,190,933 1,197,283 2,382,540 4,048,576 2,345,098 100 100 100 Franklin Bk A Tr Co 100 100 245 100 125 Bank..... National City Bank. North Side Bank Lamasco 30 100 125 250 150 Old National Bank.. 200.000 Am Nat Bk A Tr Co. <1.650.000 Aetna State 56,134 2,815,518 48,020,673 4,400,974 270 100 10 "80" loo 145 40,000.000 124491,702 1015616,004 J3J1. 35.000.000 1331 a Oont Nat Bk & T Co 1,500,000 415,608 1,792,960 100 Oosmopollt'n Nat Bk 250,000 43,680 1,844,749 100 141 Austin State Bank. 952,652 200.000 . Beverly State Sa* Bk Central Nat Bank— City Nat Bk A Tr Co Oont 111 N B & Tr Co 93,012 65,796 2,066,955 146,132 5,051,262 2,462,712 120,643,680 100.000 300,000 4.000.000 Common 280 15 150'" 33's Common 100,000 V 100,000 448,750 ... ..... First National Bank First Nat Englewood Halsted Exch N at Bk Hamilton Statn Bk__ • .000.000 30.000.000 200.00U 200.000 '200.000 1-0 National Bank.. 200,000 250,000 Kaspar Am State Bk 57,979 40 38 Liberty Nat'l Bank Live Stock Nat Bank Madison-Crawford . 275,000 1 325,198 325,000 300,000 302,717 1.000,000 1,434,134 Natl Bank 200,000 Main State Bank.. M erchandlse Nat' 1 Bk 200,000 500.000 Merchants Nat Bk.. 200,000 200,000 400,000 200,000 300,000 500,000 Metrop State Bank. . Mid-City Nat Bank Milwaukee Av N't Bk i . Mutual Nat Bk of Oh Nat'l Builders Bank Nat'l Boulevard Bk i 500.000 National Security Bk North Shore Nat Bk i 200.000 200,000 Oak Park Tr ASav Bk 500.000 Personal Ln & Sav Bk 2.000.000 Pioneer Tr & Sav Bk i 375.000 Sears-Corn State Bk. 200,000 Security Bk of Chic. Second Security Bk Skala State Bank— South East Nat Bank State Bk of Clearing Terminal Nat Bank. UnlvSt Bk of Chic.. i 700.000 350.000 200.000 200.000 120,000 200.000 299,500 Upper Ave Nat'l Bk. Uptown State Bank. 300,000 300.000 Bk._ 100.000 Western State Bank. 200.000 Amalg Tr Ac Sav Bk. i Banco dl Napoli Tr. 425,000 West 31st State 101,879 133,766 748,107 68,225 77,766 10(1 170 100 319 100 101 10' 20 170 115 42 180 323 180 125 47 78,441 60,051 196,083 194,943 624,991 157,260 51,096 175,655 1,498,234 937,250 237,365 224,639 118,226 46,973 87,233 38,176 284,697 160,790 276,383 289,337 24,514 170,457 266,066 171,983 12,243,253 (10 20 11,119,684 100 190 20 50 385,424 15,340,390 j 20 re cent I 20 •a Common.... Debentures 200,000 50,000 300.000 .... 1,000,000 925,000 100,000 3.000,000 preferred. 105 115 100 260 270 "95" 116" 115 25 125 30 135 90 185 100 100 15 175 50 100 100 50 145 25 31 80 110 155 150 36 145 100 ioo 100 132 100 20 "38" 100 142 45" 75 100 100 100 200 3,013,196 7,506,515 200,000 f 62,500 1,250.000 i Fidelity Trust Co.. 145 125 i Bankers Trust Co.., 100 ' O ,V>,: les 1,056,696 20 11,446,871 20 612,515 13,108,086 1,925,547 100 18,994 100 95 105 -•••• 100 450.000 500.000 184,500 |1,045,299 30,453,852 f 10 I 10 99,789 1,929 ,062 5,582,306 108,869 ,399 1,282 ,704 186,093 470 ,474 8.624 2,156,780 29,510 ,304 2,133 ,683 42,065 515,361 3,066 ,104 3,525 ,396 185,893 100 100 100 18 alO 16 '350"" §86" 140 130 100 100 237"" 259" 100 100 100 100" « 1 • 1 • 1 1 • ......-. 858.988 1,500,000 \ Debentures 935,000 Indiana Trust Co— l.ooo.ooo 1,238,392 i 210,042 Security Trust Co 399,200 Union Trust Co 1.000,000 2,482,129 Common 100 50 36,161,037 {100 15,208,128 4,279,182 21,148,023 100 185" ■ 1 1 1 • 100 100 350 2,869,998 1,410,690 10,025,358 4,037,962 3,056,940 100 100 100 100 1 • 72 • 250.000 Citizens Tr A Sav Bk First Bank A Tr Go. Merchants Nat Bank i 250,000 799.000 i 250.000 il ,000.000 8t Joseph L & Tr Co 129,900 150,784 205,049 168,513 24,582 • 10 N re Common .... Preferred... Terre Haute First Nat Bank— Common........ Preferred...... 250.000 477,500 110,119 250,000 440.000 661,236 cent sa Terre Haute— Merchants NatBku. les 5,589,489 1100 1100 16,295,757 20 10 Sale price, t Branch of Savannah. a 100 Preferred stock retirement price. b June 30,1936. C 50 . Dec. 31, 1936. " d New stock. lOu e 100 100 Affiliate of the First National Bank of Atlanta, Ga. i Common and 100 preferred stock or capital debentures outstanding, - : Reserves. Combined statement. V V".\ ; n r :V.: 1 Ex-stock dividend. ; V,. '; 'V fw'SL : m • -mmrnrn 400 South Bend— City Nat Bank * "ioo * 197 187 85 210 lot 1 Fletcher Trust Co- 100 300.000 5,202,426 Chic City Bk A Tr_ 800,000 1,005,024 21,301,644 Drovers Tr Ac Sav Bk i 550.000 364,886 10,514,044 East Side TrAcSav Bk 200,000 55,434 914,346 Harris Tr At Sav Bk. 6.000.000 10,141,499 194,025,884 Lake snore Tr Ac 8 Bk i 798,000 217,336 II,322,190 Lakevlew Tr Ac 8 Bk. 600.000 1,249,549 25,120,251 Mercantile Tr A Sav. 600.000 393,168 15,923,253 Northern Trust Co.. 3,000.000 9,540,594 311,759,505 Pullman Tr \ Sav Bk 300.000 305,796 ~,208,721 10,797 1,048,089 , 500.000 275.000 b People's State Bank. i 4,866,865 3,076,744 10,366,381 4,640,831 8,977,885 5,623,533 15,995,289 100 50 20 N Merchants' Nat Bk. 138 2,240,699 6,830,987 5,841,184 5,982,725 7,455,231 675,239 400.000 420.000 Preferred Marion Co State Bk. 100 100 2,761,587 6,102,019 18,582,736 ; Common 3,520,621 5,987,753 17,041,204 7.346.585 594,996 Ft Wayne Nat Bank Common......... Class A 53 3,401,870 8,113,256 5,288,852 15,976,918 8,855,142 33,408 18,937 1.200.000 Lincoln Nat Bk A Tr, Fountain Sq State Bk Indiana Nat Bank— 10 20 1100 8,057,734 American Nat Bank 205 23,632,486 "L Indianapolis- 25 100 15,360,404 (100 100 1,735,856 Live Stock Exch Bk. 100 100 100 500000 Mutual Gary State Bank-... Gary Tr A Sav Bk.. 42 Lawndale Nat Bank Common......... Preferred 100 1,644,740 Gary- 2,481,182 / 20 1 30 135,690 6,761,106 890,262 28,357,164 31,812,574 884,943,361 760,164 5,736,003 153,355 6,130,052 57,272 I,889,274 53,087 2.569.584 65,603 2,150,607 500.000 I People's Tr A Sav Co District Nat Bank— Preferred ... Drexel State Bank.. Drovers Nat Bank.. 100 100 Dime Trust A Sav Bk 143 a 868,814 12,161,726 Fort Wayne— 56"" Preferred 100 Bank— Peoples Savings Bk.. 100 100 100 13,627,593 1,188,918 1,314,262 318,799 199,700 Common......... Preferred Chicago— 709,882 179,805 26,236 31,174 571,284 37,777 500.000 100.000 150,000 100,000 500.000 Citizens Tr A Sav Bk Belleville— Belleville Uk&TrOo Belleville Nat Bank. Bt Nomi nal, Per share. Evansville— Cltixens' Nat Bank— ■■■ 1 ■ BANKS National Banks June 30 TRUST AND COMPANIES State Institutions National Banks June 30 June 30 Surplus & Capital Gross Profits Deposits LOUISIANA Capital Surplus & Profits State Institutions June 30 Gross Deposits Nomi Burlington— Farmers A March S B Nomi nal. Per share. Baton Rouge—* Per City National Bank Common Preferred Louisiana Nat Bank First National Bank. 12X ... Cedar RapidsMerchants Nat Bank Common........ People's Say Bank.. Preferred United State Bank.. New Orleans— Amer Bk & Trust Co Council Bluffs— City National Bank. Common Preferred Hibernia Natl Bk Common &* * Preferred Nat Bk of Commerce Common Preferred Louisiana SB & T Co Whitney Nat Bank.. Oeun Bluffs Say Bk. First National Bank. Common........ Preferred State Sayings Bank- Davenport— Davenport Bk A Tr_ Des Moines— Bankers Tr. Co— Common Preferred A Preferred B Cap City State Bank Cent Nat Bk A Tr Co Common.... Preferred Des MoinesBkATrGo 61143827 _Shreveport— First National BankCommercial Nat Bk. Oont'i-Am B ATr Co ———— National Banks June 30 Iewa-Des Moines Nat Bank A Trust Co: Common I State Institutions June 30 Nomi nal., Per share Augusta- Preferred Heme Sayings Bank. Unfyerslty State Bk. Valley Sav Bank First Nat Qranlte Bk Depositors' Trust Co Bangor— Dubuque— Merchants' Nat Bk. First National Bank. Amer Tr & Sav Bank Eastern Tr A Bkg Co Merrill Trust Co— Biouz City— Common........ Preferred........ First National Bank J4ve Stock Nat Bank Tey Nat Bank Portland- Security Nat Bank.. Weedbury Co Sav Bk Canal National Bank Oasco Bk A Tr Co. First National Bank-. Nat Bk of Commerce Portland Nat Bank— National Banks June 30 KANSAS State Institutions Common. June 30 . .... .. Preferred A Preferred B....L. Hutehinson— Nomi nal. - Per American Nat Bank, d Exchange Nat Bank. First National Bank. share. 150.000 150.000 250.000 National Banks • June 30 MARYLAND State \ Institutions June 80 Nomi nal Kansas City— Baltimore- Osmm'l N Bk of K C Common Preferred.... Exchange State Bank Security Nat BankCommon Preferred RIvervlew State Bk. 300.000 448,000 Baltimore Nat Bank Common... Preferred...... 200.000 ... Oarrollton Bk of Bait Oommonw'lth Bank. First National Bank- Leavenworth— Nat Cent Bk of Bait. 150.000 150.00C 50.000 Nat Marine Bank... Western Nat Bank.. Colonial Trust Co Equitable Trust Co. Fidelity Trust Co— Maryland Trust Co Topeka— Central Nat Bank... Central Trust Co... Citizens State Bank, d Fidelity Sav State Bk Guaranty State Bank 500.000 Common........ 60,000 140,000 50.000 200,000 500.000 100.000 100.000 Preferred Kaw Valley State Bk Merchants' Nat Bk. Nat Bank of Topeka State Savings Bank. Yepeka State Bank., d — Calvert Bank Canton Nat Bank— 105,000 95,000 100,000 First National Bank. Leavenworth Nat Bk Manufac'rs State Bk share Per Bait Comm'l Bank.. 400.000 Common........ 77,500 200.000 Capital notes..... Mercantile Tr Co Real Estate Tr Co.. Safe Dep A Trust Co Union Trust Co Cumberland— First Nat Bank Peoples Bank— Common ... Capital notes Second Nat Bank WichitaFirst National Bank. Fourth Nat Bank— 1,000,000 1,000.000 Kansas State BankSouthwest Nat Bank Union National Bank 100,000 200,000 . Common _ Preferred Union Stock Yds Nat'ri Liberty Trust Co— Common Capital notes..... FrederickCitizens' Nat Bank.. 107,000 93,000 100,000 Comm'l Bank of Md Farm A Mech N Bk. Frederick Co Nat Bk National Banks June 30 Common......... Preferred - KENTUCKY State Institutions June 30 Fr'k Town Sav Inst. West First Nat Bk A Tr Co Common...... M Per 190 — Hag?rstown— Nomi Cltlsens^Nat Bank.. Maryland Tr Farmers & Merc Bks Nicodemous Nat Bk. Second Nat Bank... Hagerstown Trust Co Preferred Peop-Ub Bk A Tr Co OevingtonTrABkgCo National Banks 1 Lexington- June 30 MASSACHUSETTS State Institutions June 30 Bank of CommerceCitizens Bk A Tr Oo. . Nomi nal. Common........ ^ Preferred First Nat Bk A Tr Co Second Nat Bank... Union Bank A Tr Co Merchants' Nat Bk. Nat Rock Bk of Bos Nat Shawmut Bank. Second Nat Bank—. Web A Atlas N Bk— Security Trust Co LouisvilleBank Boston- First National Bank. of Commerce Citizens' Union N B. * Fidelity A Oolum Tr. First National Bank. Sale price. Dec. 31,1936. Liberty Natl Bk A Tr O People's Bank b March 31. 1937. Security Bank KentuckyTltle Tr Co Lincoln Bank A Tr.. Stock Yards Bank... Louisville Trust Co. United States Tr Co. e < American Nat Bank. Bank Affiliated with the First National Bank of Louisville. H Member of Northwest Bancorporatlon. Newport Nat Bank— Sav / Citizens' Union Fidelity unified certificates. g Newport- Central Retirement price. d Common and preferred stock or capital notes outstanding, < ft Units. { Last Sale. Per 49H 450 75 30 share 49H 460 78 30 H 163 169 43 46 BAMS 104 AND COMPANIES TRUST National Bankt —SSfiP* MASSACHUSETTS slaV^Tm' Gross Surplus & Profits Capital Par Deposits Bid Ask June 30 Bid Par Deposits Nomi nal. Boston— * S Banc Oom Ital Tr Oo 750.000 Boston 8 Dep A TrColumbia Trust Oo_. 2.000.000 07ft 100.000 213,808 Day Trust Oo 2.500.000 Fiduciary TrustCo— * 500.000 New Eng Trust Oo__ 1,000,000 Old Colony Trust Oo <5.000.000 Pilgrim Trust Oo— 400,000 State Street Tr Oo.. 3.890.000 Per 100 100 r280 100 ion 1,705,757 34,495,957 2,327,184 10,124,433 1,858,865 34,845,761 212,276 . 3,963,730 574,878 641,299 2,994,592 5,269,848 700.000 - 450,000 J 100.000 Convertible pref.. Winthrop Trust Oo. 12,631,507 11,363,525 330 . 1 ... 2,547,106 138,095 10 100 '< '\*: ■: Per : share 205 215 1,500,000 11,350,000 cl41264,948 1 20 3,750,000 \ 20 Preferred 50 3.ono.ono 3,520,735 125,840,506 Mfrs National Bank. * 23,775 122.262 10 223,129 Michigan Ind Bank 71 73 Oommon ' '■ Detroit- Nat Bank of Common — Preferred 16H 19 X 1 10 , 50 US Trust Oo— Oommon $ 1.038,291 c57.314.260 Detroit Bank. mmmmrn 165 100 : *4.064,000 Bank State rido" 100 6,655.126 82,949,498 $ Detroit— inal Oom'wealth-Oom'l None 371,388 5,327,384 Ask Nom share. 100 5 ■'o\ Gross Surplus Profits Capital Institutions State MICHIGAN June 30 1z* 20 ■ "105"" 115" r •" 5.000,000 113115,723 393,189,983 1 10.000.000 i 10 55 56 30 s 32 25 United Savings Bank 600,000 935,000 Common........ d Preferred 19,175,308 J 768,000 I 10 t 10 Equitable Trust Co- Beverly— 321,631 77,747 300,000 100.000 Beverly Nat Bank. Beverly Trust Oo._ 3,918,697 1,403,261 135 70 100 100 140 75 Common Brockton Nat Bank, 593,435 384,345 706.850 * k 500.000 Cambridge Cambridge Trust Oo County Bk A Tr Co. 635.631 150.000 300,000 Harvard Trust Oo... 1.000.000 Everett Middlesex Co Nat Bk 20 r 8,195,549 7,315,306 484,822 4,478,878 1,206,804 cl9,417,269 500,000 829,249 400.000 427,500 300,000 225,656 537,229 148,755 101.260 127.860 pref... pref—. Detroit Trust Oo— Oommon 65 ........ Preferred —— Highland Park Trust Us Guardian Tr Co. 450 75 f 20 J 567,363 1,863,397 g 20 I 20 1,423,260 11,916,271 013,839,336 f 20 I 20 1.360.898 38,046 1,003,947 100 150.000 591.473 0 6,793,689 100 500.000 55 65 25 30 500 10 73 100 10 6,647,131 c 621 50 500.000 , Class "B" Brookton— Heme Nat Bank ... Class "A" 20 12 Flint— 120.000 400.000 10 6,064,098 7,702,001 3,467,296 100 90 205 100 85 Nat Bank of Flint 93,857 23,253,628 9,270,182 2,976,040 5,112,660 207,510 106,080 377,250 250.000 Merch & Mech Bank 8,901,725 566,393 Olt Oom A 8avs Bk. *1,000.000 700.nnn ttenessee Oo 8avs Bk 20 33 30 20 33 100 160 170" 27 20 30 20 ran River— FaU River Nat Bank Durfee Trust Co.... FaU River Trust.— c c 100 m + m Grand Rapids— Central Bank.; Oommon Fltchburg- Preferred Bafety Fund Nat Bk. 500.000 857,085 7.150,082 100 GloucesterCape Ann Nat Bank. 150.000 245,064 158,963 164,080 3,165,407 100 rec 1,521,834 3,711,764 10 sa 500.000 220.000 — 20 120.000 340,000 Gleuces S D & Tr Oo k 200.000 300.000 1,003,351 143,479 les 250,000 415,000 J 126,701 ' "lo" 8 10 16 1 10 10 1.000,000 11.417,160 c41,883,138 2,000.000 I 208,519 g 400.000 650,562 333,032 c 2,630,341 250,000 605,597 g 1,954,194 1.200.000 10 10 30 100 10 10 50 24 150 12 28 30 17 20 Preferred j Michigan Trust Co.. Holyoke-Holyoke Nat Bank— AO 32 Saginaw— Common Preferred Park National Bank J 345,128 14 f20 Old Kent Bank- Grand Rapids Tr Oo. Union Bank of Mich. 100 6,641,335 2,539,815 15 1,269,439 i Oommon ent Haverhill--* Haverhill Nat Bank. Merrimack Net Bank 15 12 7,735,154 J 371,702 400.000 375.000 ........ Peoples Nat Bank— N Gloue Nat Bk of Glou 20 9,351,473 1 20 I 20 c Nat Bk of Grand Rap 60 8,047,589 J 50 50 _ Nat Bank 102,913 5,288,744 20 1,818,427 c27,070,316 100 383,000 * Aginaw State Ban Second c & 1*250.000 Tr Oo > 100,000 I *171,934 150,000 ' 279,629 Hadley Falls Tr Oo.. *1.400.000 60 2,757.226 J100 Common.... 100 Preferred c 10.004,251 20 ..... Lawrence- 600.000 299,709 7,606,268 25 300.000 411,266 3,809,099 100 120 1,000.000 616,674 11,686,781 25 124 Bay StateMer Nat Bk 25 Lowell— Appleton Nat>. Bank. Union Old Lowell National Bank National Banks Institutions State MINNESOTA June 30 June 30 27 Nomi nal Lynn— Per Duluth— Central Nat Bank— Common........ 200.000 190,000 200,000 Preferred Manufac'rs Nat Bk. National Oity Bank Common Preferred Essex Trust Co 200,000 250.000 250.000 Lynn S Dep A Tr Oo Security Trust Oo._. 100.000 400.000 138,603 3,456,390 1 60 257,098 3,268,136 78,695 3,192,174 J 60 /50 50 465,410 607,559 751,368 3,284,670 157~}4 100 New Bedford FlrstNatloralBank.it 721,500 425.000 600.000 .. 370,881 465,000 418,521 III" 400,000 1.000.000 ',&vW-Y 50 100.000 100,000 Minneapolis— 20 20 Pioneer Nat Bank... Western Nat Bank.. k 40 56 "58" 12H Blooming'n-Lake NB k Central Nat Bank.. 86,190 Hennepin State Bank b Marquette Nat Bank k 100.000 Midland NatBk A Tr k 200,000 100 2,071,746 60 Salem— 548,500 143,304 50 12 15 250,000 200,000 547.122 110 16 18 2,000,000 332,513 Third Nat BfeT Co.. 1,500,000 Springfield 8 1) & Tr. 1.000.000 1,000.000 195.000 2,480,123 1,253,464 1,768,005 111,644 200.000 300.000 267,799 299,092 Naumkeag Tr Oo— b 100.000 Preferred.... { " Springfield— Springfield Nat Bank 4th North wast Nat'l 10 10 13 100 15,359,363 350 360 Oommon........ Union Trust Co West Spring fluid Tr 26 67 I 25 60 i 100 r 25 25 University State Bk Rochester- 100 100 66*i 2,038,982 tlOO < 1100 20 b 100 <00 1100 uoo 1100 i 11H IIH 1100 O— <100 1100 4,872,391 plOO No re cent 100 7/.;:.v.ga les 1,760,000 26 ) les 5,000.000 13,066,607 111,466,371 2.500,000 1,323,779 31,693 100,oou 989,088 13,513 50,000 1,489,916 119,507 100.000 2,662,936 125.000 114,479 1,061,960 94,300 29,498 141,760 86,000 200.000 "65"" First National Bank. Union Nat Bank... "25" American Nat Bank. *1,700 000 h Commercial State Bk k 160,000 125.000 St. Paul- — Machinists' Nat Bk. Bristol County Tr 247,020 21,667,724 100 4,455,675 100 232,460 1,801.821 100 76,106 7,137,539 133,562,896 plOO a 2,044.319, 100 First State Bank 108,083 p 100.000 7.270.055 100 221.743 EmptreNatBkATrCo ik 475,000 Stock Yards Nat Bk 4,193,602 <100 * 300.000 149,630 DrovExcb State Bank ok 200.000 First National Bank ptt.000.000 WorcesterMechanics Nat Bank Oommon Preferred 500,000 700.000 300.000 764,108 ) J10C 365,372 i 1,000.000 11,744,213 2.000BOO Guaranty Bk & T Oo Worcester Co Preferred b Produce Statu Bank 2d Northwest State Third N'west'n N Bk 10 sa N'western Nat BAT Common Oommon Taunton 389,000 990,000 Minnehaha Nat Bk Merchants Nat Bank it cent 100 1,673,171 33,667 23,462 1,537.066 7,020,505 132,440,512 893,324 28,240 178.607 5,484,558 420,224 15,728,804 1,692,186 31.372 First Nat Bk A Tr Oo 58,000,00< Warren Nat Bank.. N 0 7.853,629 10,679,744 1,092,353 899,268 111,381 100.000 145,500 100.000 Fifth No'west'n N B Peabody— 100 100 Minnesota Nat Bank Northern Nat Bank. 385 20 1 Merchants Nat Bk Safe Deposit Nat Bk k 200,000 2,000.000 of Duluth 100 3,513,793 600,000 Duiuth Nat'l Bk—k First A Amer Nat Bk 757,642 7,452,980 2,061,144 35.645.411 212,634 377,869 45,165 28,656 100.000 Oity National Bank "I62" 54.362 329,343 55,482 938,921 re Bank of Oomm & Sav 50 100 1 share. 100 ) 125 10c1-. 1C ... ----- 22 Midway Nat Bank- Tr Oo Oommon Class A. 1 1C 1 in) 24 21 12h Common Preferred First Trust Oo. * Sale price. t No a 100.000 \ 175,000 J ... ... 153,967 s 13^ 4,722,230 1100 1100 184,904 g 4,009,828 PlOO pl.000.000 v'.-; ■A"_ , 13 H _____ • par. June 30,1936. b First National Group. d Convertible \ preferred stock entitled in liquidation to / Retirement price. r g Trust balances. $20 a share. , u h March 31, 1937. i Member of Northwest Bancorporation. National Bankt June 30 MICHIGAN State k Common and Institutions preferred or capital debentures I Last sale. June 30 0 Nomi nal. Bay Oity— Bay City Bank—.. Natl Bk of Bay Oity. People's Commercial A Savings Bank... Per 300 000 400.000 ftl.000.000 73.435 203,772j 462,662 2,540,503 6.180,856 100 100 9,772,916 100 share American National Bank of St. Paul affiliate, p Member of the First Bank Stock Corp. r Stock has to be offered to board of directors, s : n New stock. t Affiliate of First National Bank of Boston. x Ex-dividend. 0 re cent sa les z Fiist Bank Stock Corp. v v 1 outstanding. BANKS National Banks June 30 MISSISSIPPI • Capital Surplus & Profits State AND TRUST National Banks Institutions June 3 0 Gross Deposits Capital Nomi nal Per share Jaekson State Institutions MONTANA June 30 > June 30 Gross Surplus & Profits " i Deposits Nomi nal. Billings— Per share, Midland Nat Bank.. Montana Nat Bank. Sec Tr & 8a vs Bank. Capital National BkOommon COM PA MRS ... Preferred Depoa Gu Bk A TrOo Jackson-State N Bk. ^;Butie-^M First National Bank. Meridian— Miners Nat Bk Metals Bk A Tr Oo. Citizens Nat Bank.. First National Bank. Mer A Farmers Bank Helena— First Nat Bk Ac Tr Co Union Bk A Tr Co- Vicksburg— First Nat A Tr Oo___ Merch NatBkATr Co National Banks June 30 Gommon.. MISSOURI State National Banks Institutions . Per City Nat Bk A Tr Oo Columbia Nat Bank. Commerce Trust Oo 100 375 100 73 100 Community State Bk 100 First National BankInter-State Nat Bank Linwood State Bank. Merchants Bank Merc Home Bk & Tr 150 70 500 100 100 135 100 200 225 120 405 82 155 90 530 Lincoln— ........ Produce Bxch Bank. Traders' Gate City Nat'l Bank Southeast State Bk.. South Side Bank— Common Preferred Stock Yards Nat Bk. Union Nat Bank— Per . ... . v share, Continental NatBk— Common .... Preferred First National Bank. Nat Bk Commerce 315 . . OmahaFirst Nat BankCommon Preferred A Preferred B Common Capital notes Missouri Bk & Tr Oo Common Preferred Park National Bank. Plaza Bank of Oomra , Nomi nal. share. 100' 110 100 > nominal Baltimore Bank 100 Institutions June 30 State NEBRASKA June 30 June 30 Kansas City- ...... Preferred........ ; Live Stock Nat Bank Omaha Nat Bank— Common Preferred Packers' Nat Bank: Common.. Preferred........ .„ .. South Omaha Sav Bk Stock Yards Nat Bk Common Preferred U 8 Nat Bank Common Preferred National Banks NEVADA June 30 West port Ave Bank. Union Av Bk of Oom University Bank Nomi nal. share. Per Ot. JosephAmerican Nat Bank. Burnes Nat Bank... First National Bank. First Trust Oo National Banks June 30 NEW HAMPSHIRE State Institutions June 30 FirstStJosSfsYdsBk Tootle-Lacy Nat Bk. Empire Trust Oo. _ . iVoroiina/. . Missouri Vail Tr Oo. Manchester— Per ska e Amoskeag Nat Bank Manchester Nat Bk. Merchants Nat Bank 8fc. Louis— Amer Exch Nat Bank Nashua— Common.......... Preferred Baden Bank Indian Head Nat Bk Nashua Trust Co.. ...... SecondNat of Nashua Boatmen's Nat Bk Bremen Bk A Tr (Jo. Cass Bk & Tr Oo PortsmouthFirst National Bank. First Nat Bank Industrial BkATrCo Jefferson Bk A T OoOommon Common Preferred. - ... - .. New Hamp Nat Bk. Capital notes A Capital notes B... Jeff-Gravols Bank.. Lemay Ferry Bank— o Common National Banks ........ June 30 Preferred NEW JERSEY State Institutions June 30 • Manufacturers Bank A TOo Nomi nal. Manchester Bank Mutual Bk A Tr Co.Plaza Bank (The). Sec Nat'Bk SavsATr Southern Atlantio City- Per share Boardwalk Nat Bank Bankers Trust Co— Common Commerc'l — Preferred A Savs Bank South Side Nat Bk— Telegraphers Nat Bk Tower Gr Bk A TrCo Guarantee Trust Go- United Bk & Tr Co.. Equitable Trust Oo— Chippewa Trust Oommon...--— Preferred ........ Oo. Easton-Taylor Tr Co i Asbury Park— Lindell Trust Oo Merc Oom BAT Oo- ; Mercantile-Com¬ merce Nat'l Bank. Miss Val Trust Oo.. Meund Olty Tr Oo i North St Louis Tr Oo Northwest'n Tr Oo _ Common......'.. Preferred . Asbury PkNatBkATr Asbury Park A Ocean Grove Bank Seacoast Trust Oo— Bayonne— Broadway Nat Bk Bayonne Trust Co.. .. / Webster Groves Tr.. Bridgeton— Brldgeton Nat Bank. Cumberland Nat Bk. Farm A Mer Nat Bk. Springfield— Citizens' Bank...... Union Nat Bank.... Southern Missouri Tr * Sale price, a Retirement price d Owned by the Transamerica Corp., San Francisco, Calif. e Member of Northwest Bancorporation. f Includes reserves. g Member First Bank Stock Corp. h Reserves. i March 31, 1937, k Preferred stock and common stock or capital I Last sale. t t . d$*#*rfsoutstanding. ' . Member of the Guardian Detroit Union Group ft* Preferred stock retired. .. „ , Detroit, Mich. ... BANKS 106 National Bants NEW JERSEY June 30 Capital AND COMPANIES TRUST State Institutions National Banks June 30 June 30 NEW JERSEY Cross Surplus & Profits Deposits Par Bid Capital Ask Institutions State June 30 Cross Surplus & Profits Nomi nal Nomi nal. Camden— FlratOamNatBATOo Camden 8 D 3c Tr Oo Merchantville Nat'l Bank A Trust Oo. West Jersey Trust Oo last Orange— 224.375 dl ,448,000 d Ampere Bank A TrCo 200.000 Say Inv A Trust Oo: Common Preferred A Preferred B Per $ 742,919 396,190 d2.192.891 d3.287.500 1,157,320 8,965,782 101,243 523,226 a a 95.600 500,000 274,165 26,503,182 12 25,320,445 Broad St Nat Bank. dl ,000.000 12H wirst-Mech Nat Bk. d3,189,000 200.000 Prospect Natl Bank. 200,000 Security Nat Bank— 1.000.000 Trenton Banking Oo Trenton Trust Co— dl,874.000 6 6 6X Elizabeth— Blixabethport BkgOo d 400.000 dl,310,000 Nat'l State Bank— 19,354,475 549,535 100 Woodbury— Perm A Mechanics' National Bank First Nat Bk A Tr Oo Woodbury Trust Oo. H "ix 15 18 232,300 171,920 68,870 170,872 339,603 6,817,777 16,068,799 3,906,726 3,911,214 12,171,021 10 "sm 79,819 333,515 500.000 Central Home Tr Oo d Blisabeth Trust Oo_. dl.022.250 Union Oounty Tr Oo dl .114,345 1,546,569 20 10 1,912,543 10 20 25 100.000 500.000 Seaboard Trust Co.. 72,935 897.888 527,862 12,666,868 48,072,806 889,094 1,159,890 30,178,553 22,092,396 517,884 466,868 400,508 100 share, 150 10 125 10 100 100 60 50 9 2,760,047 2,993,549 1,553,216 18 25 95 2 4 72 ,, 20 90 80 30 100,000 200.000 100.000 10 50 10 23 15 50 10 National Banks Hoboken— Columbia Trust Co.. d 488,203 1,271,303 50,626 45 H a Per Trenton— 13 H 3H 10 10 2,494,024 115,690 a share. 12K 11 Ask Bid Par Deposits .V 3H State Institutions NEW YORK June 30 June 30 4^ Nomi nal. Jersey City— First National Bank. 2,225.000 Franklin Nat Bank.. <f 400,000 Hudson Oo Nat Bk— 1.250,000 \ Common.. 33,831 1,500,000 100,000 Bergen Trust Oo .. Trust Oo of N J— 1,140.000 Common 2,500.000 Preferred A West Bergen Tr Co.. d 400.000 999,302 74,217 4,123,057 885,855 35,339 3.400.000 N J Title Guar A Tr. d3.008,748 100.000 North Bergen Tr Oo. Commercial Tr N J 52 51,284 3 2,686,216 273,112 400.000 700.000 331,009 111,044 6,675,595 5,949,041 100 100 400.000 690,047 488,681 517,598 9,509,739 9,801,483 7,653,863 100 60 ..... a 230.000 Nat Bank of Auburn Auburn Trust Oo—. d City National Bank. First National Bank: Marine Mldl'd Tr Oo 5 332,566 63,115 885,538 199.500 600.000 440,111 157,726 200.000 100.000 Farmers' Trust Oo.. 7 Brooklyn—Slate B 150 25 3,004,140 150 50 1,599,353 "40" 27 60,200 453,613 128,610 160 80 60 100 34 1,496,566 8,982,270 6,646,659 100 I-: 1,255,047 45 3.000.000 1,361,454 42,927,860 Banking Oo 22,221,658 500,000 al ,732,473 NatlonalState Bank 594,736 d 2,909,026 526.979 Clinton Trust Oo 70,801 400.000 2,236,084 Columbus Trust Co. 1,329,831 35,232,342 1.622,500 Federal Trust Oo Fidelity Un Tr Oo— d8,000,000 7,522,207 142,726,371 1,909,820 17,148,824 2.500.000 Merch A Newark Tr. 86,247 2,948,186 387,500 Union National Bk.. d 569,408 3,226,033 600.000 United States Tr Oo. 388,027 10,141,160 1.075.000 West Side Trust Oo. New Brunswick 410,554 10,090,963 Nat'l Bank of N J... d 875,000 100 113 100 25 550 15 9 150,000 Newark 600.000 884.000 Lincoln Nat Bank... Franklin Wash Tr Oo d Mt Prospect Nat Bk. d 144.130 n — 25 8 36 5M il* 17 Nat Newark A Essex 25 118 12 17 10 18} 10 44 40 43 50 25 ~~30" 26 t 29 32 25 91,981 6.067,394 1100 re cent 1100 300,000 Preferred 453,253 sa les 255 50 50 60 1200 100 Common 1,840,692 r30 100 30 4,682,000 462,000 100,000 ... 44.000 Preferred Hamilton Nat Bank of Weehawken }■ 30,516 23,550 247.500 1,221,976 ( 50 t 50 1,360,780 10< 42 59,420 188,826 140,740 103,466 389,285 1,863,534 100,000 700.000 598,500 100.000 400,000 Weehawken Tr Oo Hnds Tr Oo Un Olty. al .000,000 Woodcllff Trust Oo.. 145,000 Passaic— Passaic N BkATr Oo d2.500.000 Gutt'b'g Bk A Tr Oo . 15,868 1,558,298 1,116,065 5,583,393 5,645,622 3,199,629 8,006,328 26,704,116 1,362,678 20 20 ------ 5 3 25 8 30 12" 34 100 316,444 1,100 129,801 64,713 704,423 86,494 4,422,372 1,439,107 1,352,343 17,349,492 4,098,834 491,567 12,060,735 J100 i 6C 1,144,738 100 20 1,541,493 25 2 N 25 100 re cent sa les 25 Common 100 100 First National Bk— . 53,726 55,118 928,544 12,832,812 / 50 \ 20 Mfrs A Trad Tr Oo. 10 23 H 25 2,415,487 90,307,770 10 12 10 34 H 14 36 10 X 10H 17,941,604 ,124,321 29,174,356 200.000 Preferred 5.000.000 <8.000,000 Elmira— Ohemung Can Tr Co First Nat Bk A Tr Co (50 I 50 25 100 105 100.000 60.000 257,869 600,000 - 264,165 60 4,146,537 70 131 1825 <32 t 800.000 1.237.500 1,563,034 760,280 12,232,599 13,178,748 20 25 650.000 110,743 510,843 4,821,186 100 750.000 9,915,866 25 311,937 12,889,184 8,228,172 4,056,188 4,525,444 100 20 400,000 618,731 138,815 528.438 200.000 457,176 979,787 100 250.000 150.000 150,000 625.000 119,243 94,647 440,726 427,955 1,948,994 1,266,273 3,932,094 6,614,403 —V 75 Jamestown— Debentures "B" Nat Ohautauq Oo Bk Union Trust Co—.. 9 10 500.000 995,000 300,000 200.000 500,000 "A" Debentures 375 300 13 <50 Ulster N Oounty State of N Y Nat Bk Kingston Trust Oo._ d New York City— Deposits N ew York Ci are of July 31, 1937 Bur plus and p for National and June 30,19 37 for Stat of banks and trust companies in New Yo found in our "Rai Iwa'j ' Secti on, pages 1 re cent 10 100 •a les 100 100 and ty banks are repo r'fid net rofits are of date JuneS 0 '37 r ecord diri dend e banks, a rk City and Broo klyn m av be 195. 196. 10 32 66*3 66 34 72 52 189 91,192,193 ,194 . 37,400 a 6,609,400 of the Manhat Oo 20,000.000 25,769,651 433,892,000 100 713,000 k 6,712,000 100.270.000 128219973 1941133 000 13.55 50 8,092,784 80,834.000 378,000 k 2,995,000 3,553,000 50,732.000 107641 636 434,265,000 1,937,564 £27,830,551 200,000 k 4,804,000 121,000 k 8,181,000 100 650.000 Bank of Yorktown— Chase Nat Bank: 1,000.000 Oomm'l Nat Bk A Tr 7.000.000 500.000 a 500.000 First National Bank. GraceNat Bk ofN.v Merchants Bk of N.Y 10.000.000 1.500.000 400.000 Nat Bronx Bank— d 903.000 183 25 100 "970" 100 2235 100 100 50 "ioo" 50 icio 2275 115"" 55 loo"" "25" 50 * Sale price, March 31, 1937. 60 f Marine Midland Corp. 6 155" 100 Includes . Preference stock. 110 Prospect Pk Net Bk Common 8,948,115 164,422,693 Ithaca— First National Bank c 1,000.000 T.60" 100 126 100 1775 Marine Trust Co: a 863,421 "65" 53,262,820 Debentures 2,600.000 Lincoln-E Side N Bk d 200.000 Dunbar Nat Bank-. Fifth Ave Bank O Peterson— 680.000 625,000 d 105,000 d200,000 Wat Un Bk In Pat'son Paterson Nat Bank 600,000 Common..*..... Preferred 600,000 Second Nat Bank— :■ 1.500,000 Common.U'«.i* i; "40" 100 100 50 100 ; Buffalo— Liberty Bk of Buffalo Bk Preferred Haledon Nat Bank. 125 "30" 50 160,894 8,558,786 ! Amalg Bank of NY. Plalnfield— Common...... 95 100 70 3,471,083 982,650 550,000 I Bank of Kingston. Rondout Nat Bank. 250 10 289,786 175.000 lea 1 937. 2,200,000 240.000 225,000 273,000 500.OOM Klngsboro Nat Bank Lafayette Nat Bank. People's Nat Bank— Brooklyn Trust Oo: Kings Oo Trust Oo_. Nat'l 9 10 10( 1.000.000 Mld-Olty Trust Oo.. d 100,000 Plalnfield Trust Co.. dlf150,000 d State Trust Oo 247.500 date June 30 Kingston— 6 7 30,071,942 5,096,253 First National Bk... Plalnfield Nat Bank. ns 8,200.000 500.000 200.000 I First NBk of Rondout Liberty National Bk Guttenberg Merchants TrUnClty Oomw'lth Tr Un City cent 140,000 2,722,000 111,430 2,547,335 73,900 2,731,400 i 2,400 3,028,500 i 258,100 2,917,700 184,000 7,007,000 316,000 5,429,000 5,597,958 112,770,628 6,247,000 35,604,000 l The First Nat Bank. North A West Hu dson— IstNat Bk of Un Olty d Nat Bk of W N Y o Nat. banks June 30'37 Bensonhurst Nat Bk Oltlzens Bk of Bklyn Common fio 110 471,273 Preferred N re Bank of Jamestown: New BrunswTrCo— Preferred. 245 Tompkins Co Tr Co_ 32" N 200.000 50.000 ank A Tru st Co. retur 451 25 Peoples Nat Bk— ... 600.000 <500.000 Flatbush Nat Bank. Fort Greene Nat Bk. Newark- Peterson Sav Inst... 460 100 10 50 15 Bank of Commerce of People's BkATrOo. mrn 450 100 50 7,906,385 7,349,453 1,664,638 9,337,480 294,088 500.000 614,568 Amerlcan Trust Oo. Morrlstown Trust Oo Mt. HollyUnion Nat BkATrOo Common... - 100 •a Long Branch— Long Branch Bkg Oo Morrlstown— First National Bank National Iron Bank. Common.. d2,990.000 Blnghamton— 4 r Oo 250,000 1.500,000 Auburn- 7H 2,834,611 of Albany d2,939.900 1,386,487 5,149,883 2,381,215 First Trust 55 5H 55,180,801 29,515 State Bank 10 r30 43 100 600 3,107,660 66,122,698 65,930,782 22,711,606 Mech & Farmers Bk. (Nat Oom Bk A Tr Oo 9 25 68,656,288 24,417,669 12X 1,180,738 io o 13,868.769 ..... 95 31,621,275 I 25 \ 30 495,540 .... Preferred Per share klbanv— 85 48,696,331 100 3,596,791 37H 1,170,195 stock, security 125 d Common and preferred stock 50 capital debentures outstanding. Citizens Trust Oo— Common 597.000 Preferred Hamilton Trust Co.. U 8 Trust Co— Common Preferred 9,270,203 I I \12li 990,257 600.000 750,000 25 3,956,965 345,850 10 12,915.805 /100 \ 50 e 24 rl2H c"~6~ 95 7 Represents capital, surplus and undivided profits, f Preferred 0 Includes stock retirement fund. reserves. h Affiliated with the Trust Co. of New Jersey, Jersey 1 Controlled by City. Marine Midland Corp. k June 30, 1937. I Last sale, n Dec. 31. 1936. Stockholders of the National Union Bank in and the National Bank of America of that city, o Paterson, Paterson, N. J. both ratified the proposed the National Union Bank consolidation of the institutions under the title of of America in Paterson. r Preferred stock u Reserves, retirement price. . AUG., 1937] BANKS National Bunks June 30 NEW YORK Surplus & Profits Capital AND TRUST COMPANIES National Banks -tale Institutions Gross vTuaucxiesier Per returns d ate Bk of Athena Tr Oo. Banca Com It Tr Oo Banco di Nap Tr Oo. B'kof Montreal Tr Oo Bank of N Y&TrOo Bankers Trust Oo... Bronx County Tr Oo Cent Han Bk&Tr Oo Ohemical Bk & Tr Oo June 46 48 18 Ossining Trust 20 16 43 Peekskill— Mfrs Trust Co: "Ids" IIS" 455*" 460** 66 68 12% 13% 126 129 64 62 105,996,460 "W "90" 16 18 17 18% 63% 62% 30 31 70,739,918 600.000 \ 253,224 1,200.000 Genesee Vail Tr Co.. 62,560,000 554,928 Roch Trust & S D Oo 1.000.000 3,060,000 Security Trust Oo— Common 300,000 Capital notes.... 200.000 Union Trust Co: Common 3,000,000 Capital notes..... 1.000.000 Capital notes , e First National 0 # 200,000 104,701 1,846,088 0 800,000 212,216 7,634,925 200.000 150,000 L 120,000 4,690,000 1,244,682 580.000 13,689,772 350,000 484,000 5,095,000 300,000 501,139 6,966,674 47,476 8,921.927 NmZ'Tk' NORTH CAROLINA s,auJTTn' 49% 10% 133 Nomt nal. Aaheville— Per First Nat Bk & Tr.. 12% 90,871 20 share 2,957,709 128 Charlotte— Charlotte Nat Bank. Commercial Nat Bk. Union Nat Bank American Trust Co.. >■ Durham— Citizens' Nat Bank. 0 475.000 372,382 463,850 511,935 5,141,338 500,000 300.000 1.200.000 1,776,471 150.000 500,000 200.000 100.000 214.000 45,060 1,057,124 139,506 90,84^ 56,026 150,000 50,000 131,044 3,563,711 700.000 100.000 309,865 10,939,569 0 765.150 680,141 15,945,743 0 184,000 300.000 132,173 621,868 2,544,320 7,265,020 400,000 398,000 837,149 14,776,822 100.000 153,941 1,625,647 0 Fidelity Bank Depositors NatT Bk. Home Havings Bank. Mech & Farmers Bk* Greensboro— 50 17,153,888 { 20 25 20 0 1,283,144 12,743,989 642,304 1,885,647 1,224,991 r Security Nat Bank- 16,991,756 37.087,240 0 10,540,474 6,368,474 46,561,881 Guilford Nat Bank— Common.. Preferred .... Common ... Preferred Raleigh— cent People's Sav Bk & Tr Wiim Sav & Tr Co.. Wilmington WilsonBranch Bkg & Tr Oo Common Preferred Schenectady— ........ Mohawk Nat Bank— Schenectady Tr Co. 5,713,337 3,286,240 3,510,088 1,774,096 Yonkers Nat Bank & Trust Cj— Common Preferred 46,282,758 371.913 522,233 1,304,077 47,691 3,745 64,415 Bank Jl,291.446 Preferred Union National Bank Citizens Trust Oo— 535,935 195,500 in Yonkers 31,501.536 /100 216,248 345.000 0 T Oo: First Citizens Bk&Ti \ 2,561,735 48,776 . J2,243,599 Common 28,449 550.000 Preferred County Trust Co... Yonkers— Central Nat Bank 52% Roohester— jl.831,429 Common 300,000 "*44% 356.700 2,800.000 2.500.000 e "14% . 4% Conv.Preferred Peoples N B & 4,428,009 *323" L661015633 3,218,652 560,044,454 15,258,846 37,860,000 ..... Central Trust Co— Common J 385,000 .... . Lincoln-Alii a Bk&Tr Common... 100,000 500.000 2,030,000 34,000 0 ;/ Bk&TrOo Mutual Trust Oo. 1»s—Rye Nat Bk... Rye Trust Oo lurry town N B&TrOc White Plains— Citizens Bank 250 Common 32.998.440 \43503 345 612,494,253 Convertible pref_. 9.778,520 Marine Midi Tr Oo 6.000.000 9,012,153 100.978.397 New York Trust Oo 12.500.000 28,136.688 341,689,218 Pan American Tr Co 600,000 170,000 3,485,000 Savings Banks Tr Oo 2,500,000 4,287,600 84,899,800 Title Guar Sc Tr CoCommon 10.000.000 II,295,876 18,249.854 Debenture notes.. 8.790,064 Trust Oo of Nor Am. 500.000 227,600 5,547,800 Underwriters Tr Oo. 1.000.000 866,800 9,366,700 U 8 Trust Oo of N Y 2.000.000 28,715,000 85,591,000 Jamaica Nat Bank.. J 9 Preferred...... . 7,763,000 8,615,000 57,518,877 295,920,011 35,000 68,852,000 462,700 11,228,000 22,744,014 10,385,000 ■ 170.000 30,000 Preferred Westches Oo Nat Common Mt Pleas Bk&TrOc Port Chester— 1st N. 500.000 124,200 3,476,400 2.000,000 842,591 12,474,024 1.000.000 600,000 17,113,300 1,560,600 223,800 6,000,000 13,012"",259 165,779,280 25,000,000 75,366,182 945,168,425 e2,642.500 257,000 19,555,000 21,000,000 68,112,000 845,365,000 20,000,000 54,132,000 537,938,000 . ■ 0 Pleasantvilh— . Jamaica, L. 1.— Oo prices share. $ * 1,628,761 2,411,521 213,595 159,662 - Common,..... 36 37 30 s 200.000 350,000 PeekskUlNB&TOc 45 "34" 1 30, 1937 Oity Bank Farmers' Trust Co 10.000,000 13,798,220 Clinton Trust Oo e 502,000 750,000 Colonial Trust Co 1.000.000 581,000 Continental Bk&Tr. 4.000.000 4,054,936 Corn Ex Bk & Tr Oo 15.000.000 17,508,860 Corporation Trust Oo 500,000 392,900 Empire Trust Co 3,500,000 4,859,000 Equitable Trust Co. 7.000.000 9,316,700 Federation Bk& Tr Oo 825.000 1,013,000 Fulton Trust Oo 2,000.000 2,932,497 Fiduciary Trust Oo. 1,000.000 1,945,000 Guaranty Trust Oo. 90,000,000 179891452 Hellenic Bk A Tr Oo. 1,000,000 245,092 Irving Trust Oo 50,000.000 60,956,175 Schroder Trust Co.. 1,000,000 I,231,919 Lawyers Tr Co-.... 2.000.000 2,053,000 Deposits (Concl.)— Bk & Trust Oo share. i 14 uo. Ossining—1st Nat Nomi nal _ co. Gross Surplus & Profits Capital s,aU/uZ'W°m Deposits N. Y. City {Concl.) S ?■ •' Nationa] City Bank 77.500.000 57,496,581 1671142 000 NatSafetyBk&TrCo el .014,300 500,000 al5,554,000 Ponn Exchange Bank 330,000 242,000 a2,894,000 Publlo Nat Bk&TrOo 7,000.000 8,616,694 125,667,000 Schroder Bkg Corp. 6.000.000 2,102,139 al8,746,641 Sterling NatB Si T.. 1.600.000 1,585,910 a26,407,053 Trade Bank of NY.. 206 250 257,000 a6,041,000 Trust NEW YORK June 30 June 30 107 Nat Bk of Wilson... 6,052.906 Winston-Salem— First National Bank- 8,338.285 7,202,827 15,433,099 Common Preferred Wachovia Bk &Tr.. 110,000 90,000 04.000,000 ..... lee 2,357,763 73,481,861 SyracuseLincoln Nat B & TCo Merch Nat 11 & T Oo - 1.200.000 815,285 Common........ 750.000 200.000 j 358.703 Preferred First Trust tc Common Dep Oo 1.620,000 7,175,000 ... Capital notes Syracuse Trust Oo. Common... Capital notes National Batiks June 30 J 800,666 1,000,000 11,031,057 Dakota Nat Nat Per Bank.. 0201.000 50.000 Fargo National Bk_. First Nat Bk & Tr Co Troy— Common Troy Trust Oo share. 162,606 117,394 e 0 500,000 129,674 Merch Nat Bk&TrOo n Nor 6c Dakota Tr Co 0 1,500,541 664,006 112,837 41,576 Bank... Nomt nal. .;,V F&rgo— 1,400.000 Manufactur Nat Bk. National 01 iy Bank. Union NORTH DAKOTA cent 150.000 250.00T 198,323 lee 70,475 Utlca— First Citizens Bk & T Preferred 1,000.000 955.000 Oneida Nat Bk & Tr Common Preferred 600.000 199.000 I1 ,445,745 Nationa I Banks 469,524 Jefferson Oo Nat Bk Watertown Nat Bk— 155.037 5,959.858 Common... Preferred Northern N Y Tr Oo 117,204 State Institutions June 30 Nomi nal Watertown— Common OHIO June 30 9,921,634 Akron- Per Dime Savings Bk Oo Common 200,000 4,126,065 No re cent sa 298,093 .... Capital notes 10,928,407 lee 15,741,435 933,083 76,731 24,071,721 4,246,813 200,000 658,000 Capital notes 121,638 1,241,645 100,000 ... 561,720 15,109,641 997.500 1,222,660 508,384 21,598,363 10,496,556 1,182,009 166,243 136,719 10,323,240 3,211,699 1,711.311 497,500 First-Central Tr. Oo. Goodyear State Bk_. Firestone Pk Tr&S B Common Capital debentures Canton— Westchester Co— First National Bank Bronxville— Geo. D. Harter Bank cl,200.000 Cincinnati— Gramatan Nat Bk & Tr Co Bronxville Tr Co 200,000 350,000 162,000 161.000 3,718,000 4,032,000 Atlas Nat e Bank 400,000 Sit. Vernon—1st N.. Fleetwood Bk (The). Mt Vernon Tr Oo. 6 700,000 267,500 63.000.000 e 572,000 137,000 648,907 ... 259,000 163,319 487,842 2,275,899 4,383,000 1,565,679 14,739,577 Huguenot Tr Oo.. New Rochelle Tr.. s 6 200,000 199,500 12,759,000 3,450,000 5,914,183 New Bochelle— Central Nat Bank. First Nat Bank Oinn Bk & Tr Oo... Columbia Bk & S Oo e t Marine Midland Corp. a c June 30,1937. March 31, 1937. e Common and preferred stock g Retirement price. i or . debentures outstanding. > Controlled by Marine Midland Corp* k First report. I Last sale, n Member First Bank Stock Corp. short BANKS 108 Nationa I Banks June 30 Capital Surplus <fc Profits Institutions State OHIO COMPANIES TRUST AND PENNSYLVANIA 3taVZ'Won° m%Znl 3*0 June 30 Surplus Gross Capital Deposits Profits tfe Gross Deposits Nomi Nomi nal. Per Cincinnati (Con.) First National Bank. Nerwood-Hyde Park Bk A Tr Go Lincoln Nat Bank.. North aide Bk A Tr Go 144 share, 148 Per Allentown— Allentown 175 Nat Bank '12 Merchants Nat'l Bk. Second Nat Bank.. Lehigh Vail Trust Go People's Bk A Sv Go 26 110- Altoona— Prov 8 Bk A Tr Go. First Nat Second Nat Bank Bank— Be Ohio S Bk A Tr Go Preferred > Common Western Bk A Tr Go Oentral Trust Co Fifth-Third-Union Tr Altoona — Trust Co- Common....... preferred — - — Central Trust Co.. j Common Capital debentures Cleveland— Amer Erie— Sav Bank -----r National Ban* Lawrence Park N Bk Marine Nat Bank.. Nat Bk A Trust Co.. Security-Peoples TrFirst Common........ Preferred Olev Sav & Loan Go. Lorain Street BankNational Olty Bank. North Amer Bk Go. Common — Preferred Cleveland Trust Go Common . Bank of Erie Oentral Nat Bk— Union Bank .... (The)-- Capital notes Union Sav As L Go.. • V Harrisburg— Allison-East End Tr. Capital Bk A Tr Co. Harrisburg Nat Bank Oentral Trust Co... Dauphin Dep Tr Co. Harrisburg Trust Go • Columbus Branson Bk A Tr City Nat Bk & Tr Columbus Saving Fifth Ave Sav Bk Go Go Bk Go Huntington Nat Bk. Market Bxch Bk Go. Northern Sav Bk Lancaster— Ohio National Bk Bk. Bank.. Nat Bk Farmers' BkATr Co Oonestoga Nat Fulton Nat Dayton— Lancaster Co Merch NB&TCoCommon Common Preferred Third N B & Tr Co. Preferred . Northern Bk A Tr Winters N B & Tr Co Go Oommon Preferred .... Philadelphia— Oentral-Penn Nat Bk City National Bank. Corn Exch Nat Bank A Trust Co j.Erie National Bank First National Bank Glmbel Bros Bk A Tr Kensington Nat Bk Market St Nat Bk. Nat Bkof Ger A Tr Go Nat'l Bk of Olney— Toledo— Commerce Gmrd Bk Common... Capital debentures Nat Bank of Toledo: Common Preferred Spitser-R T48 Bk. Ohio Citizens Tr CoToledo Trust Co Oommon Youngstown— Preferred Dollar Sav & Tr Go— North Broad Nat'l Bk Common Northeast Nat Oapital notes Mahoning Nat Bank Mahoning Sav A Tr. Bank Northw'n Nat Bk— Common.... Preferred Union Nat Bank Philadelphia Nat Bk Roosevelt Bank City Tr A Sav Bk— Common Second Nat Bank— Common..—.—. Capital notes Preferred.. — —— South Phila Nat BkCommon Preferred National Banks ' June 30 - OKLAHOMA Tioga Nat Bk A TrOc Tradesmen 'sNatlona' Bank A Trust Co State Institutions Wyoming Bk A Tr. June 30 Banca Com It Tr Co Nomi nal. Per Guthrie— share finance Co of Pa Bank State Chestnut Hill T A Tr Ftdelity-Phlla Tr G< First National Bank. First Broad Street Trust. Frankford Trust Co German to wn McAlester— Tr Go Girard Trust Co Nat Bk of McAlester Industrial Trust Co First Nat Bk of McA Integrity Trust Co— Common Muskogee— 1st Cltisens National Bk ... preferred.. 2d preferred ... Land Title Bk A TCo Ojmmerclal Nat Bk. First Nat Bk A Tr Co Commons— Preferred Oklahoma City— City Nat'l BkATr Oo First Nat Bk A Tr Oo Liberty Title A Tr Oo Mitten Bk A Tr Co Preferred . Ninth Bank ATrtk Common Northern Trust Co. .. -... . . Nor Phila Trust Co Fidelity Nat Bank., Penn Oo for Insur oi liberty Nat Bank.. Lives A Grant Am Oklahoma Nat Bank. Tradesmen's Nat Bk Tr A Safe Dep Penn W'h'g A 8 Stock Yards Bank... Go D G< Provident Trust Real Est Tr Of Tulsa— . Security Bk A Tr Go. Sonsitaly Bk A Tr Co First Nat Bk A Tr Oo Fourth Nat Bank— Common Preferred Pittsburgh- Nat Bk of Oora'erce. Allegheny Valley Bk Nat Bank of Tulsa— Common Arsenal Bank—. Bank of Ohio Valley. . Preferred Braddock Nat Bank West Tulsa State Bk Vatianal Banks June 30 OREGON Slate ' Institutions June 30 Nomi nal EugeneNational Bank First Portland First National Bank. Portland Tr A Sav Bk United States Bank Nat'l Per share * a c Sale price. Preferred stock e retirement price, Member of the BancOhio Corp. d Oommon and preferred stock or debentures outstanding, June 30, 1936. I Last sale. h Preferred stock retired. i March 31. 1937. x Ex-dividend. y E^-rights. < „ AUG., 1937] BANKS TRUST AND COMPANIES *"582 IT' PENNSYLVANIA ""VSES""" Surplus & Deposits $ Dollar Savings Bank Farmers Deposit Nat First National Bank. h h ... Bank Common Preferred ) Common........ Preferred.... ... Nor Side Deposit Bk Pitt National Bank. Sheraden 240 260 395,000 642,483 199,770 151,335 453,808 5,455,530 9,356,796 3,293,516 1,323,084 100 190 10U 100 AO Bank Union National Bank Union Sayings Bank. Western S A D Bank Allegheny Trust Co. Colonial Trust Co Com* wealth Trust Co Dormont S & T Co. Farmers Deposit Tr. Fidelity Trust Co Manchester Sayings Bank A Trust Co. 2,229,583 1,737,467 4,469,353 50 60 100 125 .4,068,990 50 63 I 67,024 1,714,290 112.500 J 151,571 200,000 700.000 569,046 143,000 50.000 2.000.000 4,431,797 1.000.000 3,475.996 i 498.. 398,723 700.000 820,383 <3.840.000 *1,739,902 1.500.000 1,905,741 125.000 119,134 1,320.000 1,194,505 2.000.000 9,487,982 250.000 «50 67 400.000 1,050,968 9,618.383 Union National Bank Berks Co Trust Co.. 1.000.000 1.800.000 626,696 1,323,330 5,407,138 City Bank A Tr Co.. Beading Trust Co.. 300.000 356,841 1.170.300 2,550.883 150" 155" 105 &X OommoD.,,,...;. Preferred ? Wert Side Bank.*.. Penna Trust Co- * Common........ Preferred..*...... _ 200.000 100.000 400.000 * 1,000.000 250.000 260.000 { 7X 22X 744,427 9,431,674 1,340,196 24,154,771 15,371,479 4,098,214 7,964,052 207,491 343,592 496,628 2,515,304 5,083,259 5,584,888 149,823 5,508,660 3,078,396 605,303 25 | Common. Knoxville— Bank of Knoxville... 75 49 Common Preferred 52 450 10 9 28 10 25 100 190 200 384,003 8,749,151 (100 150 160 'l,231,065 37,095,561 50.000 200,000 950,000 uoo 145"' iso" 100 1,284,233 100 2,420,055 6.25 100 23,968,441 9,657,520 100 1,649,642 1,924,758 76,689 39,355,108 27,707,396 1,371,731 100 100 100 4,212,962 60,130,316 10 29X 30 10 ; 19X 20 "26" 28* 3,000,000 11,153.603 3,800.000 300,000 586,016 1,000.000 854,504 17,297,025 10 500.000, 11,086,792 10,153.205 1.133.300 J 1.000.0001 1,111,704 ... 265 55 20 10,547,164 8,500,000 Common......... Preferred iii 963,384 1.000.000 1.000,000 50,000 Commerce-Union Bk Nashville Trust Co— 25 105 Institutions June 30 1.000.000 Broadway Nat Bank 25 50 0 les 150 155 10 240 10X 250 345 220 355 230 220 230 Nashville— American Nat Bank 50 75" 29 N re cent sa Memphis— "72" 50 :■.: •' 37,197 106,262 1,145,738 429,638 Oomm'l Bk A Tr Co. i Hamilton National Bk i First National Bank. Nat Bk of Commerce State Savings Bank Union Planters' NatT Bank A Trust Co. 75" 50 State TENNESSEE Preferred 375.000 Hamilton Nat Bank. <2,900,000 64 25 25 LOO 25 '■ 275.000 1 .... 75 260 100.000 1,398,200 plOO 1,419,913 100 loo 4,731,258 8,852,366 noo 100 1,081,548 (100 26,395,471 52,251.341 f 1100 7,930,406 26 (6) UOO 105 110 100 285 300 115 National Banks State Institutions TEXAS June 30 31 108 June 30 Wllliamsport— First National Nomi nal Bank Wllliamsport N Bk. 23 Nomi nal. Per share. Third National Bank ... 250 22 625.000 40 Wilkes-Borre— First National Bank 750.000 Hanover National Bk i 298,750 Miners Nat Bank 2.500,000 Beoona Nat bank... 1.000.000 W-B Dep A Say Bk. 500.000 Wyoming Nat Bank. 600.000 20 20 240 Chattanooga— 75 26 3,009,924 1,387,516 50 25 1,832.368 2,314,128 68,952 75,515 117,460 153,241 56,676 385.000 795 000 150.000 June 30 Amer Tr A Bkg Co. Commercial Nat Bk: 75 30 15 50 1^,421,899 J j 138,243 150.000 189.550 62 50 4,846,282 418,113 46,532 . 'West Branch Bk A Tr 250.000 250,000 225.000 ".a YorkCent Nat Bk A Tr Co Common Preferred Drov A Mech N Bk. Eastern Nat Bank.. First National Bank. Industrial Nat Bank. Western Nat Bank.. York Co Nat Bank.. York N Bk A Tr Co. Guardian Trust Co.. York Trust Co Austin—; 12 Per American Nat Bank. 30 27 Austin Nat Bank— I Capital stock..... 150.000 198,330 332,812 26,198 574,879 194,457 503,735 857,278 537,407 773,438 1,254,333 100,000 500.000 125.000 225.000 300,000 600.000 600.000 750.000 2,397,011 \ < j 3,246,874 678,321 7.416,141 1,653,916 4,160,734 5,427,369 4,608,549 4,366,914 7,232,783 .418,000 418,747 582.750 115,000 Preferred stock.. 250.000 I 195,000 10 5 10 LOO 10 10 LOO 20 25 25 10 ; 8 9 12,000,000 13,812,826 share. 100 100 "25"" *2§" "20" "2l" 17X 195 67 44 66 21X 85.000 3,670,011 /100 j 128,544 tlOO 0100 18 BeaumontAmerican Nat Bank. First National Bank. Secur St Bk A Trust i 400,000 400,000 465,155 728,185 74,150 100 9,642,891 11,617,435 2,443,177 100 100 5.261,794 104,202,450 46,116 1,216,890 100 200,000 N o rec ent sa lee 200 58 45 68 22X Dallas— First National Bank 8.000,000 25,000 Hillcrest State Bank 150.000 88.500 RepubllcNat Bank.. Nat Bank of Comm. Dallas Nat Bank... RHODE ISLAND 20 49 51 150 160 Liberty State Bank: Capital notes 1.100,000 900.000 4,000.000 150,000 1.000,000 j 4,137,374 93,431 J100 26,249,234 ( 20 •43 1100 20 •55 63,590,107 6,348,075 100 210 20 45 19,844.076 } 910,491 3,610,686 342,343 895,229 45 56H 215 47 Oak Cliff Bk A Tr Co: Common Newport— 6,078,693 r 25 Nomi nal. Per share. 30 25 025*"" Aquidneck Nat Bank Cemmon 400.000 235.000 Preferred Newport Nat Bank Newport Trust Co 120.000 300.000 1 243,486 [ 53,157 507,406 489,177 3,001,520 60 100 500.000 1,038,138 4,092,714 25 80 70,480 1,685,603 (10 11 229,449 1,512,225 Common— Capital notes.. 2,306,713 125,000 75.000 Capital notes Texas Bank A Tr Co: 72,702 47,567 1,980,398 J100 {i! m 100 27 29 150 105.000 95.000 120.000 100.000 66,400 .... Providence— Blackstone Can Nat. Columbus Nat Bank Common.. ..... Preferred High St Bk A Tr Co Mechanics Nat Bank Common...... Preferred NatBaak of OemATr Pheniz Nat Bank Providence Nat Bank Industrial Trust Co. Lincoln Trust Co.. Bhede 1 Has Nat Bk. Rhode laid Hos TrOe Onion Trust Co... Woonsoekot— 350.000 150.000 110 213,858 5,007,851 50 25 130~ 25 • 780,201 ; 7,730,004 50 "80" 946,132 50 3,034,108 150 2,535,423 12,297,444 100 295 9,745,369 112,822,573 100 250 170,247 1,461,372 25 30 2.500.000 2,866,215 50,800,064 WOO 5.000.000 12,072,928 42,775,649 1000 3 165" 1.000.000 1,374,570 23,887,262 100 140 Sale price. . t Citizens A Southern Bank of Savannah. Ga., system, 0IO b Member of First d A mutual 0 30 25 850.000 450.000 1.500.000 4.000.000 125.000 Security Corp. savings bank. Preferred stock retirement price. „ , < . / Member of the Northwest Bancorporation. Affiliated with the Citizens A Southern Nat. Bank of Atlanta. Ga. A March 31, 1937. q 260"" SUaaa 1 Common and preferred stock outstanding. * Stock all owned by the Rhode Island Hospital Trust Co. I Last sale, 'V: n WeonsecketTrust Co 200.000 1 Preferred 248.750,/ 245,830 3,273,362 100 50 1100 Dec. 31. 1936. p Common— Tr.;" % Common I 300.000 Capital Nat Bank— v. Mercantile Nat Bk— Common Preferred - $ Nomi nal >■ Per share. 100.000 National Banks Park National Bank. 35 18 65,096,015 1,105,330 2,341,737 993,427 j 706,716 100 10 i Sioux Falls— 12'" 12.80 21 25 2,627.330 5,704,326 3,989,586 11 10X SOUTH DAKOTA^r'ao*"" Citizens Nat Bk A Tr V Corn Exch Sav Bank r First Nat l Bk A Tr. i : ix 10 1,165,502 National Banks 101 7.55 10 646,504 10 25 7600 50 6 3,755,104 16,240,128 } 150,090 ... Preferred... South Side Bk A Tr. Third Nat BAT Oo- r IX 49 J 48 5 100 100 100 7300 100 100 10 9 40 60 16,645,360 139,924 331,299 42,512 120.000 1 Y 54 000 J Northw'tSecurNatBk i Union Savings Bank Scranton— n Com'l Nat Bang— Common.. Preferred 112 106 105 '100 10 193,080 4,929,596 3,808,627 1,624,640 498,988 491,044 250,000 216" Beading— 200.000 First National Bank. 4.050.000 Green Bldge Bank 200.000 North Scrant Bk A Tr 300,000 Providence Bank... I 300.000 Scranton Nat Bk— 1 100 133,835 160,204 200,000 June 30 50 E. Scranton State Bk /100 21 110 105 , 110 25 99,000 Bank A Trust Co. 39,852,638 20 K First National Bank. Peoples Nat Bank... ""40" 100 175.000 Worldngman's Savgs 100 50 loo 100 50 100 100 100 50 50 Washington Tr Co.. West End Bank—... William Ponn Tr Co. i 100 100 72 195" 50 20 South* Hills Trust Co Union Trust Co 'iiS 1100 35,000 65 2,550,958 875.000 437,519 150.000 174,703 125.000 368,919 1.500.000 77,725,485 600.000 1,073,700 200.000 171,845 % 16,274,618 5,921,253 497,740 624,186 1 As* A Spartanburg— 40 1,300,000 32,254,671 34,283,592 3,739,812 6,491,554 29,253,433 21.017,699 2,476,768 300,870 23,333,468 $ 200.000 . Greenville— 66 025 334,886 Provident Trust Co. Common Bid Nomi nal Per share, Columbia— 25 o:0oo.ooo 10,436,895 Co i I 1,100,000 1.200,000 First Nat Bk of Col. Lower Main St Bank 25 j 1,782,208 11,235,663 _ Common Preferred _ 100 95,994,203 6,069,685 1,863,781 1,864,015 249,577,404 5.875,014 1,984,860 2,192,000 "Tr _ 10 22,513,464 290.263.313 Peoples-Pittsburgh Potter Title A Par Deposits 498,345 226,785 40,262 % 700,000 200,000 50,000 10 50 _ _____ 50 Mellon Nat Bank Nat Bank of America .j 100 Charleston— Citizens A 8ou Bank 0 Carolina Sav Bank__ Miners A Merch Bk. 220 at .... Iron A Glass Dol Sav Keystone Nat Bk— •" 210" 232,962 ; Bk (The) Pittsburgh Per % 116,180 429,049 _ Homewood share. South Caro Nat Bk- Forbes National Bk_ Fourteenth St Bank Top Bank $ 53,602,150 87,297,577 98,818,406 ' 4,795,521 9,548,541 6,431,918 First Nat Bank & Tr Co of East Pitts. Hill Gross Surplus & Profits Capital Nomi nal. (Concluded.) Hazel wood Ask Bid Par Pittsburgh ; SOUTH CAROLINA Gross Profits Capital 109 Affiliate of the First Bank Stock Corporation. - r The Corn Exchange Savings Bank of Sioux Falls, S. Dak., was consoli¬ dated with the Northwest 'Security National Bank of that city on July 10, 1937. ' ' x Ex-dividend ' -J BANKS 110 National Banks State Institutions Capital Surplus & Profits National Banks June 30 TEXAS June 30 ''• •'' UOMPANTRK TRUST AND ' ■ June 30 Cross Par Deposits Bid Capital Ask Surplus & Profits June 30 Cross Per * 300,000 300.000 El PagoState National Bank 392,405 1,030,706 8,963,119 19,985,680 Fort Worth— Continental Nat Bk. First National Bank: 750.000 419,066 14,993,233 60 70/ 1.200,000 262.500 772,893 37,423,370 20 43 a Preferred Ft Worth Nat Bank: 950.000 15,420/ Preferred Fraternal Bk A Tr Co . 6,735 80,653 245.000/ a 20 45,257,643 36* 39 '166" Galveston— 200,000 200.000 Houston— Oltlsens State Bank Oitr National Bank: 341,781 345,169 13,926,638 4,463,080 329,036 3.835,211 Ivoan Bank 79,085 76,991 245,864 649,513 5 ; 454,947 3,355,941 100 349,000 •'ft 59,967 430,540 250,000 813,593 2.500,000 961,851 1,500,000 a 166.400 ;ft75,847 3,231,101 3,612,901 30,728,606 14,543,928 1,189,222 100 10 600,000 500,000 156.655 a 100,000 ft. 100 N 435,750 663,896 8,882,422 9,200,573 100 50 •a 300.000 94,599 4,571,443 100 Norfolk— Mer 8c Mec 8av Bk.. Merch 8c Planters Bk Nat Bk of Commerce Seaboard Oitz N Bk. Southern Savings Bk 300.000 a 188,590 3.000.000 >1,585,485 les 50 50 100 1350 25 240 30 250 118 25 120 36* 37* 10 7 200.000 183,386 2,365,703 a 276.000 70,050 2,615,956 a 500.000 Trust Co.. Merch 8c Farmers Bk 250.000 ft 449.000 324,659 71,797 288,700 6,033,272 1,074,745 2,490,782 100 cent a 100 les 730,601 842,553 65,486 3,369,005 121,081 10,040,954 18,971,659 717.962 65,311.058 2,009,618 ?°0 1.250,000 11,096,245 1.900,000 378.130 200.000 126,148 200.000 Southern Bk 8c Tr Oo 623,932 Virginia Trust Co al,100,000 46,070,253 Citizens Nat Bank.. Petersb Sav 8c AmTr I 10,068,460 95 110 35 20 Oltlsens 2,051,621 267,024 796,742 432,437 San Jacinto Nat Bk- [ 12,983,514 5166* 110 J100 25,668,963 36,795,902 7,867,623 24,811,539 125 r iUO 227* 100 100 100 300 350 120 110 230 37,891,686 100 290 305 153,443 100 100 140" 100 90 127,274 5,283,478 1100 1100 5,163,480 3,554,556 110 110 600.000 1,000,000 Central National Bk. Consol Bk 8c Tr Co.. First 8c Mer Nat Bk. Mech 8c Mer Bank State-Planters Bank 8c Trust Co: 80.000 8.000,000 200,000 100.000 100.000 36* 32* 20 100 54* 110 '65* 135 IVi 24 80 22 72 15 50 3,608,657 3.170.121 20* 100 25 6.606.122 < Roanoke— Colonial-Amer Nat B First Nat Exch Bank Mountain Trust Bk. 500.000 1.000.000 800.000 301,815 1,449,326 336,097 ft. ft 625 100 20 ftft Preferred Sav Bank 8c Tr Oo_. Port Arthur— First National Bank Merchants Nat'l Bk. x Common........ 150" 5,508,226 5,264,593 544,479 366,179 325.000 325.000 Preferred 160 46,961,062 (100 1100 1125 1,487,606 2,535,287 267,127 1,346,075 State National Bank al,000,000 1,000,000 Union National Bank South Texas Com¬ 1.500.000 mercial Nat Bank. 200,000 Fidelity Trust Co— 600.000 Guardian Trust CoHouston Land 8c Tr. al .500.000 Oommon 341,500 l 550,000 450,000 Preferred 1.000.000 Second Nat'l Bank.. Nat Bank of Comm. a3.250.000 O ■>. Richmond- 1100 2,250.000 50 38 Bank of Comm I Houston Nat Bk— o Common - -ft- . 25.876.725 100 55 215 4,370,684 100 90 50 6,282,672 ' ftft 100 ftft'/' San Antonio— Alamo National Bk: Common. — - Preferred 500.000 965,000 Bexar Co Nat BankCommon Preferred Frost National Bank 1.200.000 Groos Nat Bank— Common 623,340 f 144 137 16,962,227 /100 127,594 ^ 200.000 100,000 ... 2,403,118 I 60 1100 1 50 National Banks 35 22 '195" 33,224,627 100 92,681 5,190,198 100 100 88 753,611 18,156,096 100 175" Institutions State WASHINGTON June 30 d50 1,186,543 June 30 230 Nomi nal. 350.000 y 135.000 Preferred $: m 5 Portsmouth- 500,000 100.000 Preferred , 1145 1140 American Nat Bank. a First Nat Bank— Common.. Preferred ft 1 152 * 60 100 Petersburg- o re cent Common ft: 100 100 750.000 500.000 City National Bank. First National Bank. Hatch in gs-Sealy National Bank— U 8 National Bank.. 4,518,137 Bk: Lynchburg Tr 8c 8 B. 20 486,156. 10 963,322 100 512,778 Com! Tr 8c Savs 20 J.500,000 11.561.025 Common Union Bank Ac Tr Co 75 % ' > ft 7,758.792 1.000.000 First National Bank. Lynchburg Nat Bank 8c Trust Co.. People's) Nat Bank Depositors Industrial :,7, Common Ask Nomi nal. Per share. $ 514,235 S Lynohburg— share. 100 100 Bid Par Deposits Nomi nal. El Paso Nat Bank.. Institutions State VIRGINIA Nat Bank of Comm. al.000 000 National Bank ofFort 100,000 Sam Houston a389,800 Ban Antonio Nat Bk South Texas Nat Bk300.000 Oommon........ 41,543 98,243 1,320,543 4,138,234 3,637,259 100 322,455 453,075 73,702 7,240,392 10,025,022 729,443 250 100 100 100 262,622 105 rflOO 130 60 P*r ft-..'ft Sumitomo B of Seattle 200.000 400.000 Seattle Tr 8c Savs Bk 550.000 wm. Waoo— Oltlsens* Nat BankFirst National Bank. National City Bank. 250.000 950,000 100.000 50 175 76 100 160 65 4,537,962 136,481,294 i 20 70,643,616 c 25 3,065,041 ieo 1,090,255 20,527,090 20 626,466 22,991,297 100 2,774,389 100,942 20 5,736,408 159,527 100 590,634 7,141,233 8.000.000 2.500.000 Pacific Nat Bank 2.500.000 People's Bk 8c Tr Oo al 350.000 University Nat Bank t—i'~ 100 Seattle— Seattle—First Nat Bk Nat Bk of Commerce 40* " 172"" 167 36 39 40 35 27 72** 68 ■ft 6,004,613 ■v 'v.; 100 500,000 144.975 550,000 450,000 25.000 200.000 461,073 76,966 572,031 1,372,442 7,710,897 100 935,640 16,511,176 5,372,722 100 25 Old N a B & Un T Oo. Common Preferred.,*. Security State Bank. Washington Trust Oo ft shnr* Spokane—ft-"ft First Nat Bk In Spok Nat Bank of Tacoma al ,450.000 Puget Sound Nat Bk a 800.000 100 39* N o- 20,431,587 rioo re cent \100 sa les 100 ■ft' Tacoma— National Banks State UTAH June 30 Institutions June 30 214,733 200 19 185 17 Nomi nal. Per share. Ogden— Commercial Sec Bk. First Security Bk NA Salt Lake City— Oontl Nat JBkATt Co First National I Utah State Nat I 550,000 924.000 a a a __ Eton's Sav Bk 8c Tr Utah Sav A Trust Co . Walker Bk A Tr Co: Common Capital notes..... a 3 71,428 1,175,333 6,145,586 18,637,103 100 100 900,000 750,000 750.000 a 413,905 714,075 12,101,400 16,341,823 15,548,753 14,250,975 100 65 100 205 855,944 1,135,751 100 100 210 195 215.707 3,055,774 100 135 1.000.000 300.000 1.500.000 500.000 J 605,509 26,775,512 (100 W0,!W WEST VIRGINIA ""MS!"® 70 225 220 210 145 Nomi nal. Charleston—' Common 125 115 Preferred VERMONT State Institutions June 30 Barre— Capital notes Central Trust Oo ; Wheeling Oltlsens Mutual a 3,504,814 2,716,366 1,964,741 100 100 100 ^Sav Bank.......... 491.500 6,403,754 5,956,310 701,038 3,404,382 100 Nat Bank of W Va._ Nat Exchange Bank. i 8e Side Bk & Tr Oo. Burlington Trust Co. al .085,961 680,272 422,548 73,749 214,327 Montpeller— Capital S B 8c Tr Co 407,500 276.354 2,684,282 Common... 150,000 I 219,346 Preferred...... 189,200 2,752,240 /100 125 150 Burlington— 600.000 150.000 Merchants Na t Bank 40 21,084,232 N o 40 re cent 100 sa les 100 N [100 100 100 100 2.616,972 593.333 s re cent sa lee 150.000 83.486 1,185.662 100 473,908 5,650,497 100 449.605 500.000 500.000 66.792 532,750 1,518.447 25 4,977,047 4,954,990 1,139,404 100 157,094 696,503 2,342,905 Tr 474,518 287,813 154,503 a I 5,641,089 Wheeling- Center 810,000 ft 200.000 204.500 People's Nat Bank.. Quarry S Bk 8c Tr Co share 25 600.000 Nomi nal. Per share. a 21,069,408 / | 946,817 217.760 500.000 \ 160.000 1,351.654 1,000,000 66,025 200.000 274,389 600.000 ..... Kanawha Valley Bk. Nat Bank of Comm. ft Granite S B A Tr Co 700.000 «««. Common „ June 30 1.002.500 KanawhaBkgATr Oo 11 National Banks Per Charleston Nat Bk: 80 90 Half Dollar Trust 8c Security Trust Co.. Wheeling Dollar Savs A Trust Oo„. a > 100.000 / 300.000 1.800.000 507,531 5,115,557 100 100 100 80 90 100 290 316" 19,469,219 100 155 165 loo" ".vft'o a t Stock of South Texas National Bank of San Antonio. Texas, all held by Central Securities Co. with exception of directors' qualifying shares. ' 100 First National Bank: Montpeller Nat Bank Montp'r S B 8c Tr Co a 100,000 617.451 \100 76.532 224,173 1,867,445 1,238,616 20 ♦ Sale price. a 150 25 Common and preferred stock or debentures c Rutland— Clement Nat Bank— KlUington Nat Bank 150,000 100.000 263,399 135,679 2,897,486 1,016,286 100.000 I 125.000 a256.500 136,759 3,048,852 Rutland T«uf4 Co... Member of the e Member of the Northwest Bancorporatlon. 100 N o re cent /March 31.1937. J100 sa les h Dec. 31.1936. tioo 147,777 2,033,130 Marine Bancorporatlon. d Preferred stock retirement price. 10 Rutland Co Nftt Bk: Common........ Preferred... outstanding. 6 Member of First Security Corp. 100 100 i Member First National Corp. I Last sale. n Preferred stock retired. o Controlled by the Joseph F. Meyer Interests. r Member People's Corp. s Trust funds. * Ex-dividend. * • - AUG., 1937] f National banks BANKS TRUST COMPANIES 111 State Institutions WISCONSIN June 30 AND June 30 Canadian Bank Statements Capital Surplus & Profits Cross Returns Deposits art all of May 31,1937- Ask Bid Par Prices are per cent, not per share. • y )■ La Crosse— $ 500.000 al75,000 400,000 100.000 Batavian Nat Bank. Exchange State Bank Nat Bk of La Crosse. State Bk of La Crosse $ 274,858 32,143 273,843 161,126 ' Nomi nal. Per share. 4,97$0,820 1,183,206 6,086,404 2,928,821 25 20 30 100 N o 20 re cent 100 sa les e NOVA SCOTIA Milwaukee—, Amer State Bank 200,000 Badger State Bank.. City Bank A Tr Co.. a a 102,316 122,790 97,544 500,000 350.000 1,949,498 5,940,906 3,170,585 Capital 19 20 22 d "45" "45"" 100 Surplus & Profits Cross Deposits Par Halifax8 $ S Bank of Nova Scotia 12,000,000 24,000,000 244,898,709 Bid Per 100 333 Ask cent. . £.000.000 15,881,418 197,369,962 Preferred Home Savings Bank. Kilbourn State Bk.. Lincoln State Bank: Common Income debentures Marine Nat Exch Bk 9.000,000 .... 122,454 87,002 a350,000 100.000 1,605,737 1,507,088 100,000 1 42,342 300.000 2,200,000 2,075,949 43 47 20 26 29 J 40 60 State Bank of Mtlw. 46,396 47,122 814,380 217,078 714,793 2,064,614 1,833,146 4,444,414 3,735,211 8,562,449 550.000 475,000 6 400.000 800.000 1.000.000 ONTARIO " 44,069,727 2,003,829 1,579,175 1,647,958 a 13~ 20 20 20,226 103,181 West Side Bank Wisconsin State Bk. First Wise Trust Co. ...... 35,373,592 TorontoBank of Toronto 6.000.000 9,000,000 112,838,338 Oan Bank of Comm. 30.000.000 20.000,000 513,105,900 Dominion Bank 7.000,000 7,000,000! 116,869,174 Imperial Bank of Oan 7.000.000 8,000,000 123,813,412 100 100 20 20 8 8 100 20 100 150 32 9 '? QUEBEC 12 200 34 Montreal— Bank of Montreal 86.000.000 39,000,000 692,091,106 Banaue Oanadienne. 7.000,000 5,000,000 124,109,549 Barclays Bk (Canada) 1,500.000 750,000 14,100,966 Provincial Bk of Oan 4,000,000 1,000,000 43,813,885 Royal Bk of Canada 35.000,000 20.000.000 a American Nat Bank. Steck Grower* N Bk. 250,000 300,000 ; 254,431 248,806 5,465,421 7,134,274 Quotations Bid. Atlantic 5s ............... Burlington 5s....... California / 102 ... 5s 5s ... Denver 5s First Carolines 5s First of Fort Wayne 4Hs....... First of Montgomery 5s First of New Orleans 5s ... First Texas of Houston 5s....... First Trust of Chicago 5s...... Fletcher 8Kb Not 6 1945 opt *40 Fremont 454s.. / / 50 60 100 5s Chicago 4%s Dallas 101 102 5H 6H 100 102 95 97 97 99 102 100 96 99 98 100 99tf 100 100 e mu 78 83 82 225 , 198 stock. 1937. Corp. x Ex-dividend. for the last day of the month preceding the date of Issue Bonds. Greensboro (N O) 5s Greenbrier 5s Bid. 100 - 99J* New York 5s North Carolina 5s 91 100 99 H 99 H ...... ....... Coast of Portland 5s..... Coast of Loe Angeles 5s... Coast of Salt Lake 5s Coast of San Francisco 5s. 5s Potomac 5s 93 102 100 5s __ Phoenix 4K« 99" 101" 100 ...... Maryland-Virginia 5s Mississippi-Tennessee Pacific Pacific Pacific Pacific 87 100 97 100 City 4 Kentucky 5s Lafayette 5s................... Lincoln 5s_. Louisville 5s 102 102 85 ....... Ask. 100 Illinois Midwest 5s Illinois of Monticello 4Hs Iowa of Sioux Pennsylvania 5s .......... f 63 100 100 100 100 100 105 107 100 Bonds and Stocks. St Louis 5s.. Bid. f Southwest 5s Southern Minnesota 5s.. Tennessee 5s Union of Detroit 5s / 993 100 100 Denver Atlanta 100 100 100 100 50 40 70 14 58 100 Dallas Des Moines First Carolina* 12 ..100 ..... Freemont 100 Lincoln. 100 7 New York .................100 North Carolina .100 14 47 25 101 107 109 101 Pennsylvania 100 100 2 x Ex-dividend. .—.......100 63 43 Virginia ..............5 Virginia-Carolina 100 price, 993 1003 102 101 Par Atlantic 101 18 101 98' ... STOCKS 16 100 4J^s. 102 102 100 100 66 30 102 87 85 Virginia-Carolina 5s..... Virginian 5s 100 H Ask. 28 100 ..... San Antonio 5s Potomac San Antonio f Fla 199 Member of the Northwest Bancorporation. I Last sale. Ohio-Pennsylvania 5s. Oregon-Washington 5s 80 5* 100 100 Ask* 100 100 . 5s are no par d Unit of the Wisconsin Bankshares Per short. 100 100 100 cent. 160 Common and preferred stock debentures outstanding. & March 31. Cheyenne— Per ' Sale price. f Wisconsin Bankshares Corp. WYOMING V 100 100 734,617,924 _ • National Banks June 30 •: I"' " : 8H 7H 100 731,610 57,595 TeutonlaAveStateBk i-i 3; 1,173,057 • Marshall A Haley Bk a2.992,500 Mitchell St State Bk. a 600.000 Northern Bank-.... 100,000 Park Savings Bank.. a 539,500 Bonds 7. - Common......... Atlanta ,f 340 Wrst Wise Nat'l Bk— 50 60 48 76 16 63 16 5 9 18 50 29 67 47 d* Bonds Real Estate Did. Bonds. month preceding the date of issue. possible for the closing day of the Quotations are as near as Bid. Bonds. Ash. Paramount „ 75 73 Albany Metropolitan 4-0s 1949-Alden 6s 1941 Donds & ctfs—-J& Allerton 66th St 6 *s *46 3 % to '36 Allerton N Y Corp New cum income 6s 1955—— / Allied Owners Corp ■ > . 1st income 4-5s 1958 J&J f. Debenture 2-4s 1963 _J&J Ambassador Hotel (Los Ang)— 15-yr inc 5s with stk 1960 Amer Insur On Bldg 6s *41-MAN Arcade Bldg & Rlty • Seattle)— 44 M 1st 61 6s 22 24 97* 98* 64 _ 66 . 76 45 J&J 3-6s 1948 55 40 42 33 Arrowhead Lake— 1st 7s 1944-1947— J&D 1 Assoc Realty Bldg (Los Angeles) Income 5s 1948 J&J / Baker Hotel (Dallas)— 1st s f 5s 1950 (with stk) _F&A Bait Parcel Post 5*s 1949------ 35 _ 58 60 84 86 94* 67 M 67 M (L I).A&0 F&A Bellevue-Stratford (Phila)— 5 Hb 1935 _ 11* J&D 5 Mb July 62" 41* 48* Budd Realty 6s June 1941—J&D 6s Sept 1941— M&S Bush Term Bldg 1st 6* 1960-A&O J&J Cambridge Court Apt 6 Us 1937Cent Manhattan Props 5s'46M&S Central Zone Bldg inc 6s. 1941 Chain Store Depot 6s 1940—M&S Ohanin Building— 78 f 47* Herald Square Bldg inc 6s 1948— f 44 1st s f Income 5s May 1 1948—f 29* Hotel Governor Clin 6s '48-A&O 64* f Hotel Lexington 4s 1955—-M&S 26* f Hotel Sherman (Chic) 5*s '46J&J 49 Hotel St George 4s 1950 73 Hotel Syracuse inc 3s 1955 f 38* Insurance Center Bldg 6*e 1943 85 Keith Memorial Bldg 6s 1943 9* Lake Sh Ath Club (Chic) 6*s '45 /; 66 La Salle Wackar 5s fixed ... / 22* Lawrence Hotel (Erie, Pa.)— Repub Bldg* Deny) 11 Retail 47* 50* 68* 71 26* 27* 43 47 82 84 94* / 52* 75 80 59 61 15* 16* 1* OQ8> f 28 ^ 30* 5 8 M&S F&A 87* 89 Mercantile Arcade Bldg (Los Ang) 1st s f 5*s 1953—.. J&D / 28 30 98 99 61 34 32 34* 3?* 45 45 "8* 32 47 47 76 34 §2* 76 Equitable Office Bldg 5s 1952 Deb 5s Legended 1952 „ — Ferry Sta P O (San Fr) 6s 1934Film Center Bldg 6s 1943--A&0 5th Ave & 28th St Bldg 6*s 1945. 5th Ave & 29th St Bldg 6s 1948— 5th Ave & 55th St BldG 0*s 1945. 15 Park Row 4s w s 1952— 24* 49* 35* 83* 53 30 52 54 66* 67* 12 18 53* 50 B'way Bldg 3-6s 1946—M&8 51 Fifth Ave 6s-4s 1943 A&O 62d & Madison Ave 6s 1947 55 Fifth Avenue 6s 1944 M&N 55* 55* 50 53" „ Debenture mtge 5s 1945--F&A Millinery Center Bldg 7s 1944— Munson Bldg (N Y) 6*s'39.M&N Nat Hotel or Cuba fls 1959.M&S Nat Press Bid 3-5s 1950 (ws) Adj mtge inc Apr 15 4*s 1950Natl Tower Bldg 6*s 1944 A&O Nelsner Bros Realty, inc— Oony s f deb 6s 1948—J&D15 N Y Athletic Club 6s 1946—A&O 2nd mtge s f 1*8 1955 ....... N Y Postal Service Station— 93 98* New York Title & 5*s 5*s 5*8 5*s 5*s 5*s series series series series series series 68 8* / 1512 Spruce 8t (Phila)— 1st mtge 6s 1943 A&O 40 Exchange Place 5 Ms 1956-J&J / 40 Wall St Bldg 1st 6s 1958 42 Broadway Bldg 6s 1939—J&J 48 West 48th StBldg 6s 1936— 1400 B'way Bldg 6*s stm-1948— 1410 B'way Bldg 3*s 1941.A&0 Fox Dot Theatre 6s 1942 .A&O Fox Metropolitan Playhouse— . 1 33 19 19 20 60 61 70 72 20* 38* 45* 11* 12 62 Fox New Academy of Music 1st leasehold 6 Mb to 1941.M&S - f / 11 ... f B-K—*.—/ 99 11 n|Nomlnal. 31* 3 6 51 44 64* 41* ^Last sale. ; 47 56 43 44 54 55* 22* 26* 32- 33 ... 65 83 63 26 90 73 51* t 102 f 2 f 51* / 11 ; i 62 / 100 com —J&D stock—....J&D 18 18 37* It fr ■ 31H 5 16 Shelburn.inc(AtlGy)t>>i*'40 J&J Sherry-Netberland Hotel 5*s *48 Certificates of deposit Sherneth Corp— 3-5 *s deb inc (w s) 1956 60 Park Place Bldg 3*s-5s—1947 Sixty-One Bway 3*s 1950— A&L Gen mtge 7s 1946 ...A&O 610 Madison Ave Bldg 6*s 1938 Social Service Bldg (Phila) 6s - 27 27 27 45 50* . 34* Speed Building (Louisville, Ky)_ Income 5s 1945 M&N Stanley-Mark Strand 6*s 1941 . Stanley Real Est 5*8 '45 J&D State-Randolph Bldg (Chicago)— 5*s 1942 M&N f State & Wash Bldgs (Chicago)— 1st sink fund 6s 1948ser A.M&8 Sink fund 5s 1948 ser B..M&8 64 90,, 94* 16 27 5 99 Station J Post Office 6s 1947 Steuben Bldg (Chicago)— 1st 6s 1943 5* M&S 17 08 1946-J&J Steven* Hotel (Chfc) Certificates of deposit 36* Income 5s W-S 1956 Bldg (Boston)— 1947 M&S Strauss-Manhat conv 6s '33.J&D 5s X28* Syracuse Hotel 6*s 1940 Tsf* Realty (New Hav) 0s'4OA&O Income 3s w-s 1951 10 East 40th Street Bldg 5s 1953Non-cum Inc 6s 1958 M&S / 1088 Park Ave Bldg 6s 1939— Textile Bldg 1st 6s i968— M&N Gen 7s s f w w 1948 M&N Textile Bldg 1st 3-5s (w s) 1958— Textile Crafts Bldg i s w a 1944-Trinity Bldg 5*s 1939 J&D Trinity Court Bldg 4s 1941.M&S " 72* 47 38 82 14 , 40 48 5 48 31 85 99* Stamped———.......—— 101 Unstamped ........ 61* Park Ave Bldg 4s 1940 23 23 Lexington Ave 2s 1950---—— 29th St Towers Bldg 3s 1942 / 41 15* 2124-34 Bway Bldg 5*s —1943 t 39 2480 Bway Bldg 2d mtge 3s 1944Tyler Building— 78 Gen inc 6s July 1 1953 (w s)... 29 Un Poet Offices 5*s '35.F&A15 23 1st s f inc 5*s 1948—.—.... VanderbUt Ave Bldg Corp— 8 1st leashold 6*s 1944—J&J 16 / _ .. 81 9* A&O / / Orpheum Theatre & Realty— 6s 1946 M&S / Palace Hotel(San Fr) 5s '45-F&A / Pantages (Alex) 6s to 1947.M&N 12 /iFlat price. 100 28* (Bost) M&N One LaSalle St Bldg 6s 1949 J&J One Park Av Bldg 6s to '39-M&N 2d sf 6s 1951 M&N 103 East 57th St Bldg 6s 1941 111 John St Bldg 0s 1948 F&A 124 Fifth Avenue 5s 165 Broadway Bldg 5*s '51 F&A General a f 7s 1941 F&A 1st 6s 1943 13 —A&O / 20 49* B-I 98 Fox Theatre & Office Bldg 1st i f 0s 1941 M&S / Fox St Louis Theatre Bldg— 74* 51 / Olympic Hotel (Seattle)— 36 10 73 18 ... A&O 6s debenture 1951 J&D SevillarBilt Hotel 7*s'37-M&N Stone & Webster 34* Mtge— Station Indus Bldg With stock Without 69* 99 C2 / CW-1 / FI...... / Q f 19th & Walnut St (Phila) 6s 1939- / 1900 Rlttenhouse Sq (Phila)— 5*s 1943 J&D / 1st cum income 5*s 1945.J&D / North 94 100* 33 F&A Oliver Cromwell 6s 1939 40* 59 . 1st msf 5s 1962 50 / Properties, JLno— Sec sf 5*s 1948 J&J Merchants Nat Prop 4s 1958(w s) Metropolitan Chain Properties— 1st conv s f 6s 1948 M&N Metropolitan Corp (Can) 6s 1947 Metropolitan Playhouses— 15 20 100 6s 1946 stamped A&O Savoy-Plaza Corp 6a 1946..J&D 1st s f 5*s 1945 J&D 3s with stock 1956 Schulte Real Estate 0s 1935— . Mark 5*s 1937 91 43 A&O 1938 Saks Realty 6s 1946 58 49* 1937 F&A Mayflower Hotel ( D O) 5s 1950-. ; 30 63* A&O 6s 1944— Cy) 4n 1946 St Louis Post Offices— v 95* 55 95 32 7* 18 RussBldg. (San Fran.)6s '51 F&A 5*s 53 108 59 St Charles Hotel (At) 60 91 . / 54 76 Robert Treat Hotel (Newark) 0s 1943 J&J 72 61 41* 50 42 Kusseks 6th Ave Bldg Marshall-Wells Buildings— 101 38M 70 Properties— 82 14 63 Deb 5s series A 1959 M&S Income deb 6s ser B 1959.M&S 69 23* J&DV Mercantile ,74 101 3-5s'49-M&S Roxy Theatre 6*s 1940 Guar 5*s ctfs of Marcy 82J 241 Income 5s 1943—. 87 48 f 1941- 68 45 38 Realty Assoc Sec Corp— 76 40 71 - 27* 50* 60* - t Called Aug. 1 at 102. 57 69 1st 6*s 99* sink fund conv 6 M % ctfs 1932 30* Lexington 6*s ctfs 1953 Park Place Dodge Corp 6s vtc '62 Pennsylvania Bldg 6s 1939 -M&Js Philip Schuyler 6s serial —... Pierrepont Hotel 5*s 1940 Pitts Hotels Corp 1st 5*s '48M & * Poll New Engl Theatres 5s.l958 Gen income 5s 1983 M&N Price Realty Co Ltd— 1st 5*s 1946 M&N Provident Loan Society 0% ctfs.. Prudence Company— 5*s double stamped 1961... 5*s unstamped 1961 — Qulncv Station P o (Chicago)— 6s May 1 1941.... ..JVP 1st extended Inc 5s 1950—J&D — Lincoln Mtge & Title— General 7s 30 43 5 29 65 Cloisters "The" (Chicago)— 1st 6s 1942 M&S Colonial Apartments 6s 1937 1st sf 0*s 1942 / M&S 1948 27 M&S 84 16* — 46 ....... 93 500 Fifth Ave 6*s stamp 1949. 1500 Walnut Corp (Phila)— 80* 6s 1st fee & leasehold 1942.... (The) 6s 1940 Hopkins Hotel (San Fran) 6*s 1941 M&S / Marshall Sq Bldg (San Fran)Income 4-6s 1944 F&A / 10 60 Stamped Unstamped Congress Square Hotel (Port Me) 5*s 1946 M&N Court & Kemsen Sts (Brooklyn) 6s 1940 A&O Davidson Rlty 6s w w 1940 A&O Detroit Hotel 0*s to 1941_.M&S Dorset (The) 6s 1941 ctfs Drake (The) 6s 1939 M&N Eastern Ambassador Hot 5*s '47 Kdgewater Beach Apts 6s to '43— 11 Park Place Corp 4s 1948 11 West 42d St 4s 1945M&N 80 Broad St Bldg 0*s 1950-M&S 80 Fifth Avenue 4s. 1940 J&D Eppley Hotels 1st sf 3-5s 1951 J&J 25* 61* 103* 55 21* Cigar Stores Realty Holdings— 8 f deb 6*a 1949 ser 4 J*.\ Circle Theatre 6s unassented 1936 Jr 68 assented 1936 Oleve Term Bldg 1st 6s 1941-J&J _ 58* 102* M&N 65* f 3s loan ctfs 1955 F&A Park Central Hotel 6s ctfs 1935Park 24 ®|&N 99 1945-M&S 1945.M&S 1945-M&S Chesebrough Bldg 6s 1948--A&O Chicago Evening Amer 6s 1936— ChicHerald & Exam 6*s '50 M&S 1st 6s 1950 1946-...-J&D f *&* Majestic Apts 6s 1948 Manhattan Towers— 1st 6s 1946-. 1st Leasehold inc 4s 2d Leasehold inc 2s 3d Leasehold inc 1st - 1st m leaseh 5s Greeley 8q Bldg 6s 1950— Harrlman Bldg 6s 1951 Hartford Times deb 4*s '51 23 -- . 70 __ 6*s'45J&J 1947 48 68 s Bway Corp.— Park Oresent 1st 6s 1940 33 45 deposit Loews Midland Theatre & Office Bldg 6s, 1941—M&N Loew State Bldg (Los Aig) 6s '42 42"" Loews The»w« Klty 6a '47 M&S) A Lombardy (The) 6s 1942 M&N London Terrace Apts 6s '40 M&N 65* Lord Bait Hotel g m 6*s '45 A&O Lord Nelson Hotel s f 4s '47-M&N 50" Lords Court Bldg 5*s 1942-J&D Brown Hotel (Louisville)— 1st sinking fund 5s 1949-, 2nd income 6s 1949 4-5s 30 f Lewis Morris Apts 6*s 1937—.. Lincoln 42d 8t Corp— 1 Income 5*s w s 1963 ——F&A 96 - 28 f (Pittsb) 7s 47--P&* Graybar Bldg East Offices Inc)— Lefcourt State Bldg— Extend 1st 4-6 *s 1948 65* - Certificates of deposit.. f _ranada Apt Bldg 6s 1938--M&S Grant Bldg 35 1st, 2d 1956 Bway Mot Bldg iN Y) 6s '48 F&A Bway & 38th St 7s 1945 J&J Bway & 41st St Bldg 3-5s 1944— Broadmoor (The) 6s 1941 — Hall - 91 71 J&J * Butler 65 28 6s B'wuy Barclay Office Bldg— Bryant Pk Bldg (NY) 1st M 45 f J* ... . Lefcourt Manhat Bldg— 1st 4-6s exten to 1948 ...M&S l 1938 — Units Benj Franklin 6s ctfs 1933——— Berkeley-Carteret 5 Ms '46-M&N Blng & Bing deb 0*s 1950 M&S Income 7s 1950 Boston Postal Service— f 5*s 1949 Hearst Brisbane Prop— Arcady-Wilshire Co (Los Ang)— Non-cum inc 6s 1949 J&J Baumann (L) 0*s '36 6s (Brooklyn) 1942 s 1944 Gair Realty Corp 5s 1948—- J&D f George Washington Hotel 6s 1944 77* 53 Realty Oqrp unstpd-—J&J Fuller Rldg (GAP 45* 58 Did. Bonds. Ask. 13 Van Sweringen Co— 1st 6s 1935 54* .... 65 Van Varlck W abash-Monroe „ 2* 79 Bldg 6s 1953 J&J 99 6s '63 A&O Wadsworth Bldg (NY) 14 Walbrldge Bldg (Buff)6*s 1938Waidorf Astoria 7s w W1954-M&S Non-cum inc 5s 1954.....M&S Washington Properties inc 7s 1952 Westinghouse Bldg 4a 1948-A&0 White Motor Realty 6s 1940 Woodbridge Bldg 6*s '41—A&O 7s 1940— A&O 68 23* 23 (N Y) tw 1941 8t Sta P O 53 68 79* . F&A/ 1938——A&O Sweringen Oorp 6s May 1 35 1st Jc coll ■ f 6s 24* 311 271 53 67 102* 63 58