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BANK f QUOTATION RECORD U. REQ. JULY S. PAT. augu OFFICE IN RETROSPECT Page ' Commercial and Financial Events.. 1 Cotton 9 Page Hides and Leather Iron and Steel Trade ____ 14 Course of Stock Market 8 7 Money Market 15 11 Dividend Declarations 13 New Federal Reserve Bank—Brokers' Loans 16 Petroleum and Its Products 9 6 Rubber 9 17 Textiles Foreign Affairs.. __________ Foreign Exchange 9 Grain—Coffee—Sugar Securities Called for Security Issues. 9 United States Treasury Financing _ 11 Redemption..!!! INDEX TO STOCK EXCHANGE QUOTATIONS Page Baltimore Stock Boston Stock Page 57 Exchange New York Curb 58 Exchange New York Stock Exchange 41 Exchange—Bonds 19 Chicago Stock Exchange.. 54 New York Stock Exchange—Stocks 31 Cleveland Stock Exchange. 59 Philadelphia Stock Exchange 61 Detroit Stock 60 Pittsburgh Stock Exchange 66 64 San Los Angeles Exchange Stock Exchange INDEX TO GENERAL Francisco Stock Exchange QUOTATIONS Page Page Banks and Trust 62 Municipal Bonds— Companies— Domestic 102 Domestic Canadian 111 Canadian 92 94 Exchange Seats 84 Public Utility Federal Land Bank Bonds. 92 Public Utility Stocks 78 Foreign Government Bonds 93 Railroad Bonds. 67 Industrial Bonds 81 Railroad Stocks Industrial Stocks 85 Real Estate Bonds... Insurance Stocks .100 Investing Companies Securities 72 Securities 84 85 William DANA 71 101 Real Estate Trust and Land Stocks 85 Textile Stocks 85 Stocks 85 92 United States Territorial Bonds 92 August 8, B. 73 United States Government Securities. Mill Stocks—see Textile Stocks— WILLIAM — Title Guarantee and Safe Deposit Joint Stock Land Banks— Mining Stocks. Bonds 1940 COMPANY, Street, Corner of PUBLISHERS Spruce Street, New York jiafe Jteposii and Jrttsl Co. —OF BALTIMORE— Capital $2^000,000 Surplus and Profits $4,196,364 gJINCE 1876 this Company has devoted itself exclusively to the management and vation of of its It is conser¬ estates—specializing the whole effort highly trained organization in this business. of one country the which few has trust never banking, selling securities, etc. Charles H. Babcock Edwin G. Baetjer William G. Baker, Jr. companies engaged in in the general Its Directors are: A. E. Duncan William L. Galvin Robert Garrett Howard Bruce J. Edward Johnston George C. Cutler Blanchard Randall Lyman Delano Charles E. Rieman BANK/QUOTATION RECORD REQ. . .a.n „ u/ii , D |iM NO. 8 Mr. countries. n price to the The subscription a Postage outside of year. Record is $1 Bank and Quotation . South La Salle Street. OFFICE—208 OFFICE—Edwards & LONDON delivered WILLIAM B. Gardens, E.O. President The New York Spruce Street. those service in COMPANY, Publishers, no gave a perhaps JULY—COMMERCIAL AND relatively short but important Except for tlie Democratic National afforded by the July 15 to "draft" President "acclamation' for a third term, the Nation during the week of in Chicago Roosevelt distraction Convention which met by to concentrate its attention upon the progress Congress was making in revitalizing the country's defenses. In this program two measures stood out: one was President Roosevelt's proposal for new national defense appropriations amounting to about under review continued the month during other was the Administration-favored proposal for conscripting the Nation's young men for a year's military training. The first named measure was quickly placed in a position for expeditious action and was approved by the House on July 31. The military training bill, however, was opposed by a number of Senate leaders as well as by labor organizations and religious bodies, and its consideration was delayed pending a more definite indi¬ $4,800,000,000; July 15 with the now famous desired Roosevelt would or Barkley, question of whether President third term still an accept a enlighten the dele¬ continue in the office of the be nomi¬ for that office," and that he wished Acting Convention a request for Of this spending him 946 ^ votes against 148 2/3 Postmaster General Farley, Vice-Presi¬ inserted clause newly a in the Mr. Roosevelt with only one Roosevelt to tary 627 Wallace 7/10 Bankhead. eral votes in the had been nominated by made was postponed have Secretary 1. To total 2. After on the first against Minor the convention nominated of To votis ballot. 329.26 for went to The Speaker such Secretary of the procure for 4. of such a for critical items of equipment required for a land force armor, bomb-sights and to produce and to produce guns, bombs, for the Army and Navy Air Forces. 2,000,000 men, ammunition To candidates as Fed¬ stocks of tanks, guns, artillery, ammunition, and 800,000 men, or a total of 2,000,000 men if a force should become necessary. the manufacturing facilities, public and private, reserve another of provide To procure 15,000 additional planes for the Army and 4,000 for the complete with modern equipment. necessary Compulsory Military to House Security Administrator McNutt, Federal Loan Admin¬ The House-approved measure, the naval expansion program by providing funds additional fighting ships on the ways, making a 355 ships authorized in this fiscal year. complete the total equipment for a land force of approximately To 5. got the House 200 put to like, the a Secre¬ however, 1,200,000 men. delivering his acceptance the vice-presidential nominee. delegates return, forward carry mobilization of Agriculture Henry A. its deferred because the slightly higher total of $4,963,151,957, Navy, fight by introduced was designed: is necessary Demo¬ Upon opposing vote. which contained Democratic as was but consideration July 10 speeded consideration of the bill and passed it on July 31 17, managed to have the although actually the nomination Wallace selected as futile proposal Convention. that desire He added, however, that "we wars." Legislation implementing the President's Hemisphere." necessary his any aggression against the United States or the West¬ will repel ern against of aggression; we will not send our men to a war part in European take defense the President pledged that "we will not use our in arms adequate provide would that tures congressional recess (July 11 to 25) over the Demo¬ speech from Washington until the convention had acceded to contract authorizations. cratic majority vote and then by unanimous vote. President and the remainder would take In calling for expendi¬ ing the current fiscal year 3. first by an little over $2,000,000,000 would be spent dur¬ sum a of the Manual, Mr. Farley, who is retiring show $5,000,000,000 for national 10 made additional expenditure of $4,848,171,957. President Roosevelt on July expansion, defense that the President desired another four cratic National Chairman on Aug. record Measures Congress has already ap¬ President's desires, the delegates proceeded Senator Tydings and Secretary of State Hull. "acclamation" publicly de¬ favor of Mr. Willkie's election. on by giving under clared themselves in House votes divided among dent Garner, of the Budget, and John W. Hanes, Under-Secretary of the Treasury—also recent Left with this vague candidate." and on the first ballot approved his nomination for term director of the Bureau defense the assumption third Nebraska Republican nominee, Wendell L. Willkie. Two other mem¬ bers of the New Deal family—Lewis W. Douglas, one-time latest free to vote for any statement of the a with Sen¬ openly declaring himself for the expressed dissatisfaction disregard of the third term traditions, ator Burke from exigency "to make it clear that all the delegates to this convention years, leading Democrats the President's late on July 16 a statement only that he "had never had and has not nated by the convention on Europe. Some the form of President, to be a candidate for that office, or to are all aid short of war to the rise to more confusion by authorizing the permanent Chairman of the Conven¬ today any desire or purpose to of being in favor victims of aggression foreign wars, but at the same time out of of sending in The foreign policy plank of keeping propriated ami authorized over in Chicago on tion, to read to the delegates in which he said in these directions. Democratic party as being in favor set forth the Although the present session of gates and instead gave Senator and make progress Defense Appropriation The President did nothing to enigma. Deal New Roosevelt Democratic National Convention met The party's 1940 platform. As adopted, social reforms of the declared that the party would continue to platform recited the economic and the reaction to it. National Convention—President Nominated for Third Term Democratic wanted the New Deal's delegates proved the Democratic the cation of the country's think social gains "to be repealed or even to be placed in charge of those who would give them mere lip service with no heart service." Preceding the President's nomination, the convention ap¬ die FINANCIAL EVENTS accurate reason for more when he said he did not accepting the nomination REVIEW OF be of service to choice but to offer themselves for capacities for which they may be fitted." have republic 19 after that he nomination because "in the face public danger all those who can . . the Smith, 1 Drapers' DANA William Street corner nominated, told the delegates obliged to accept the . early hours of July the radio in the over of the fact that his by Washington established precedent a Mr. Wallace had been of $1.50 per copy. CHICAGO action and reaf¬ firmed by other Presidents throughout the history of the country, the President in his acceptance speech, which he broke felt Single copies are sold a United States extra. Barkley, Lucas, and O'Mahoney. Carefully avoiding any mention companion publication of the Commercial & Financial Chronicle and is issued monthly. Terms for the Chronicle are $18 per annum within the United States and U. S. Possessions and Territories; $19.50 in Canada; $21.50 in Houtn and Central America. Spain, Mexico and Cuba, and $23 in other foreign Record is one of the The Bank and Ouotation and Senators Farley Jones, Johnson Quotation Record and 1379 AUGUST 8, 1940 istrator Bank Washington, D. C. New York, N. V.. under the Act of Merch 3. PC Office « .. th. NEW YORK, VOL. 13. PAT. OFFICE COMPANY, in office of Librarian of Congress, nANA E„t.^rl,hcUdr..bL««Xch 9 8. U. In his defense spare engines, armaments and the most Training Bill—President Asks Power Call National Guard into Service message to Congress asking for the new national expenditures, the President indirectly endorsed the 2 MONTHLY REVIEW Burke-Wadsworth bill, which provides a system of selective President Roosevelt Issues provide. The Burke-Wadswortli bill as first approved by the Senate Military Affairs Committee required all men between the ages of 18 and 64 to register under regulations prescribed by the President. It was pro¬ posed that approximately 1,400,000 men between the ages of 21 to 31, providing they were unmarried, were not conscientious objectors or were not physically incapacitated, asking Congress would at bill the registration provides that The 400,000 to 31 The group. age there¬ bill also man who of an unfair labor prac¬ it was indicated, is prepared to call October should the bill be passed in its Army, in 400,000 present form, another ditional 600,000 by Oct. Democratic the nor next April, and an ad¬ Although neither the Re¬ 1, 1941. National Conventions either approved or disapproved the military conscription measure, President Roosevelt clarified his initial indirect approval of military training by declaring in his acceptance speech to the Democratic convention that "most right-thinking prohibition does not affect exports to countries in the The Western Hemisphere. President Roosevelt Asks the two-fold With the measure was originally scheduled for July 31, postponed so that the Senators could give it more on consideration the President's Guard for tained in that so be speeded on letter Mr. Roosevelt addressed to the President The President said that because on "the of the Nation security our could for power to call out the National This latter request was con¬ request of the Senate of action year's training. one a also and Army July 29. demands that this component be brought to the highest possible state of training efficiency more rapidly than its present program permits," it was necessary for Congress promptly to author¬ Congress to Enact Excess Profits Tax of financing the national de¬ purpose and preventing industry from earning un¬ duly large profits on orders for war materials, the Presi¬ dent proposed to Congress on July 1 that it enact "a steeply program graduated excess-profits tax" applicable to all individuals and corporations without discrimination." In his brief message the President said that "it is our duty to see that burden the is equitably distributed according to ability to that a few do not gain for the sacrifices of the The President thus indicated that he expected so pay many." early action on the measure rather than let it go over to the next session, as had been planned Avhen Senate-House con¬ ferees deleted the LaFollette amendment to the Revenue Bill of 1940 which ules of 1917-22. profit on defense orders reasonable from the White House said that Avas 8% present and had it excess-profits tracts and reimposed the excess-profits tax sched¬ the Administration, in the new tax That Avilling to concede industry the right to make measure, Avas nouncement was The order Avas issued on the recommendation L. Maxwell, Administrator of Export Control. type gasoline. of Colonel R. as but July 31 by on issuing an order prohibiting the exportation of all aviation- a Debate scrap specific license from the Administrator of Export The President went a step further Control. persons are agreed that some form of selection by draft is necessary and fair today as it was in 1917 and 1918." Licensing July 25 the President on petroleum products, scrap iron and other oil, Avithout a fense men duties. are, firm which refuses to reemploy a a men publican provisions drafting is drafted will be considered guilty tice. year The committee, however, voted which would require only register and which would delete and restricted to the 21 fore, one and 45 and 64 for home defense between 18 and 21 Both training for original measure all provisions for training the added Order issued Executive an metals to the list of products which could not be exported July 31 on between 21 and 31 to men from military enter to salary of $21 a month. a changes in the Iii to drafted be Order Making Oil, Petroleum Executive Products and Scrap Metals Subject to Export training for developing the man-power for the defense forces, by pointing out that "troops trained, seasoned and ready" would be needed to man the war materials he was decided to been Avas in seen an an¬ July 10 in Avhich it on profit cotiple with the new legislation provisions eliminating limitations on ship and airplane tax con¬ the permitting acceleration of depreciation on plants The 8% limita¬ equipment built for defense industries. tion orders and losses it; because it applies to specific other orders cannot be applied against on because also and does it take not income into taxes The present small annual depreciation allow¬ consideration. hinder ances unfair considered is defense. program the because industry willing to expand its plants Avithout kind some of is a un- guar¬ ize him to order out the National Guard for antee ing, before the emergency, and thereby the defense orders, cease. a year's train¬ i)ossible service in the Western Hemisphere and the Territories and possessions of the United States, including the Philippine Islands. The President indicated lie would call the National Guard to service in successive and for increments, the authority to make the calls expiring on 30, 1942. Meanwhile, opposition to the conscription measure grew. Both Democratic and Republican Senators, led by Senators Norris, Wheeler and Vandenberg, expressed June their opposition to the measure on the ground that the present world situation did not require such a serious step. Senator Vandenberg indicated that the Army should try \ oluntary enlistments based on one year of service instead of the present three years before it trys the compulsory draft scheme. There were indications on Aug. 1 that the draft might be limited to 1,000,000 approval of the measure and men might not that until come election. actual after the President Roosevelt Issues Proclamation Making Subject to License and Control Exports of Munitions, Materials and Machinery The Administration's policy of lending all aid short of war to the European democracies was advanced in July when President Roosevelt on July 2, acting under a meas¬ ure (passed in June, to expedite the strengthening of national defense, and signed July 2), issued a proclamation Avhich and subjected whenever national equipment the t ion President defense or material tion, munitions, materials national defense to license and to prohibit munitions, or lereof, to determines supplies he such that and for of is the parts the proclamation rules it curtail or component necessary by may except under or Proc*amation the of The Act under which the President acted provides that o exportation machinery essential control. or the July or manufacture, prohibit regulations 2 in necessary exportation thereof, the servicing curtail or he as the interest of any military machinery, tools, shall or such opera- President armor plate, non-shatterable and optical elements and or glass machine tools. Funds of Baltic Countries in United States Fro en Under Presidential Executive Order action oov the of letization of these Baltic States by Treasury what to do Department Avith Avas French followed Russia. the Meanwhile perplexed assets States. by the problem "frozen" in the United Although France has agreed to an armistice with Germany, there is considerable doubt Avhetlier the Petain Government puppet is the organization real French under the Government domination Secretary of the Treasury Morgenthau that the French cision is reached assets as Avould remain or of announced "frozen" to "AAdiat is the French An important merely a the Nazis. on July IS until a de¬ Government." expansion be can Avritten off 70% es defense national approved by envisages a "twoocean" Navy by authorizing a 70% increase in the Navy's present tonnage. Passed by the House 011 June 22, shortly Congress after the it in Senate July July on measure the Navy will The tion for the construction fighting ships. The acted upon concurred in by minor 11, and the President signed The 70% increase in the size of about come was House July 011 July 19. 011 measure which the measure 10. amendments the bill the Avas introduced, Avas Senate result of the bill's authoriza¬ as a of an measure additional also 1,325,000 tons of authorizes the Navy to acquire 15,000 "useful naAul airplanes." President Signs Bill Appropriating $25,000,000 to Expand Facilities of TVA In the initial of name Authority national given Avas defense during the Tennessee month the under Valley review an appropriation of $25,000,000 to start the construction of additional poAver facilities Which will be used chiefly by the Aluminum Co. of America in increasing its output of aluminum Avill sheets ultimately been first for Administration was The airplanes. $65,800,000. cost delayed because additional Passage had some facilities the of bill using national defense as had that contended the pretext to a expand the TVA. When the National Defense Advisory Committee urged its passage, howe\rer, both the House and Senate complied and action The President signed the bill completed Avas July on 30. July 31. on President Signs Hatch Bill, Extending Political Activity Ban to State and to extend Municipal Employees Paid from Federal Funds ployees finally Hatch its coverage to "clean bill designed em¬ Avliolly or in part from pushed through for favorable approved the bill embodying the the Senate concurred on July 11, by politics" State, county and municipal paid the President Federal funds were action. The House amendments on July 10, the bill and was signed July 19. In addition to extending coverage of the original Act, the amendments prohibit cam¬ paign expenditures in excess of $3,000,000 by the National Committee President Roosevelt, under an Executive Order issued on July 15 "froze" the funds in this country belonging to Es¬ tonia, Latvia and Lithuania. This this Signs "Two-Ocean Navy" Bill—Authori Amendments to the subjected bullet-proof of cost Expansion in Naval Tonnage exporta¬ export control: arms, ammunition and im¬ plements of Avar; basic materials and products such as aluminum, hides, rubber, silk and aatoo1; chemicals such as ammonia, and such products as aircraft parts and equip¬ ment, the President Roosevelt prescribe." following to that to of national on either campaign viduals, companies "goods, commodities party, funds and or individual contributions $5,000, and prohibit indi¬ limit to party. Increase from corporations advertising" sold - of Asked $500,p00,000 in by President Loans to Latin While the in Lending Power Message to • by purchasing political a • of Export-Import Congress—Would Bank Enable America 21 American republics wvere conferring at closer cooperation among themselves in their relations with the outside world, Presi¬ dent Roosevelt on July 22 sent a message to Congress urg¬ Havana ing on that capital it and ways give of achieving "prompt consideration to increasing the lending poAver of the Exi)ort-Import Bank of of the re¬ Bank may he of greater assistance to our neighbors south of the Bio Grande." By the latter the President meant that the Bank be given permission to use the funds in holding South American agricultural surpluses off the market until the Washington by $500,000,000 and removing some strictions on its operations to the end that the present temporary interruption to foreign trade is overcome a system of free exchange is reestablished. At present the Bank can loan money only to facilitate the purchase •or of American goods by The President s foreign governments. proposal was considered the first step in his plan to form a cartel for selling all the Americas' surpluses. The bill was favorably reported by the Senate Banking and Currency Committee on Aug. 1. Federal System Congress Passes and President Signs Bill Setting Up War-Risk Insurance of Marine The President on July 18 signed the bill appropriating $40,000,000 to implement a measure passed by Congress in June, under which the United States Maritime Commission is directed set to up Government-underwriting system for American a of marine war-risk iusurance and reinsurance vessels. flag together, Taken for provision emergency marine and marine •cargoes-and war the two make measures insurance against risks for American vessels, their Government supplied in the American market on a basis adequate for the needs of such shipping. The House passed the appro¬ on the up of building national defense by speed¬ vessels and airplanes was naval June 28. Congressional June 22 when both the Senate and signed by President Roosevelt on action was completed on House approved a the The conference report on the bill. primarily modifies or repeals all those safeguards Congress has legislated through the years for the measure which signed Federal courts. The success in administering its power over civil procedure, granted in 1934, led to the enactment of the present measure, a White House announcement said. Bill Liberalizing Unemployment Benefits for Railroad Workers—A bill, sponsored by Senator Wagner (Dem.) of New York, liberalizing unemployment benefits for railroad workers, was passed by the United States Senate on July 29. The bill amends the Railroad Unemployment Insurance Act of 1938, establishing a Federal system of unemployment compensation for railroad workers. Bill Authorizing Federal Government to Pay Up to $7,000,000 for Super-Drydock in New York Harbor—The Senate on July 11 passed and sent to the House a bill authorizing the Federal Government to pay up to $7,000,000 for in New York Harbor estimated to $11,600,000 and $14,300,000, to be built in cooperation with the Port of New York Authority. Presi¬ dent Roosevelt was indicated on June 19 as favoring the on May 28 and by the Senate June 21. on between project. Railway Express Averted Strike Agency by A threatened was strike of 30,000 of President Action Roosevelt Ordering Investigation of Dispute railway workers express averted, at least for 60 days, when on July 10 President Roosevelt issued a proclamation under authority of the Railway Labor Act ordering that the dispute be submitted investigation by board. independent an parties The the Railway Express Agency, Inc., and the Brotherhood of Railway and Steamship Clerks, Freight Handlers, Express and Station Employees. George M. Harrison, President of the Union, said the controversy grew out of the agency's refusal to grant the 30,000 employeees involved a 44-hour week, although it had granted such work week a to 5,000 other employees. Settlement of Seamen's Strike Ends Nantucket Ship A ture of vast sums of money. by the House graving dry dock a cost of protecting the public treasury in the expendi¬ The original bill was adopted purpose bill giving the Supreme Court the power to regu¬ a involved in the controversy are The legislation to expedite the ing Granting Supreme Court Power to Regulate Criminal m Federal Courts—The President on July 1 late criminal procedure in the the Supreme Court achieved to Bill Expediting Naval Shipbuilding Roosevelt Signs President 10 and the Senate this purpose on July Bill Procedure cannot be insurance protection when crews, priation for July 11. 3 MONTHLY REVIEW August, 1940] 200 strike of Tie-Up members of the American Fed¬ seamen, Seafarers' International Union of Amer¬ eration of Labor's ica, which halted the steamboat service from the mainland Roosevelt President Government Bill Private Reconstruction the Government finance RFC Authority Giving Production for Plants Roosevelt signed President to Signs or to Finance of Arms settled June 26 the bill granting on Finance for the manufacture of ship Co. this on was measure completed June 15. on This bill also giants to the RFC the following powers: To buy the stock oi any Federal Home Loan Bank; to retire its capital £tock and fund made dividends out of pay available for railroad its loans earnings; to the increase revolving Mortgage Corporation is also directed to the Treasury all amounts in excess of $100,- repay season, seek 000.000 which it heretofore received as capital. The life of the RFC is also extended under the bill from 1941 to 1947. The strike, coming at the peak of the vacation the six-week period in which island tradespeople make to 12-month a on Bill Increasing to Charles tract terms H. Cole on President's the Aug. 1 and sent to the White House for signature. The bill, which was approved by the House by a vote of 248 to 105, had passed the Senate The increase in June 21. borrowing power from $900,$1,400,000,000 was said to be needed by the Corporation to finance the 1940 loan program on cotton, on 000,000 corn, to wheat and other products. House Passes Bill for of Investment Union the latter literature intended for distribution to prospective purchasers. Representative Cole (Dem.) of Maryland, who had charge of the bill on the floor, stated Aug. 1 that it was designed not only for the protection on of investors business to encourage enterprises. House Hie but new capital into The 18 June on the flow of Co. for Ordered to Pay $10,000 Damages Suffered in Losses Strike Called in Sheffield to Drivers Union Violation was of ordered July 21 to pay $10,000 damages to the Sheffield Farms Co. for calling a strike in violation of its contract with the The award was made by Arthur S. Meyer, im¬ partial Chairman of the milk industry in New York City, it and is said be to the first instance this in country of heavy damages being awarded a company against a union by an arbitrator. relations company with Mr. Meyer suggested to the that it accept half the award, $5,000, in settlement claim. its In the interests of preserving friendly its employees, This recommendation has been accepted by the company. Trusts On Aug. 1 the House passed the Wagner-Lea bill for the regulation of investment trusts and investment companies. The bill would require investment trust companies to regis¬ ter with the Securities and Exchange Commission and to file with was Contract company. of Regulation Board State Arbitration the Local 584 of the Milk Wagon on by the House of by the end of August. Drivers' Farms Capital of CCC by $500,000,000 in the lend¬ ing power of the Commodity Credit Corporation was passed hundreds begin work within 15 days and to report proposed con¬ Milk $500,000,000 A bill authorizing an increase of prevented from reaching both resorts, and brought increas¬ ing concern to merchants and hotel owners. A special board of one union member, one company man and Chair¬ Labor Congress Completes Action livelihood, of persons man $500,000,000. Federal Farm The to to was members on July 27 to enforce wage increase demands on the Bedford, Martha's Vineyard and Nantucket Steam¬ New supplies and equipment and for the acquisition and storing of strategic raw materials. Congressional action 27, July crew struck to military Vineyard and Nantucket since July 30. About 200 unlicensed on authority Corporation corporations Marthas to bill was favorably reported to by the House Interstate Commerce C. E. Gauss, First American Minister to Australia, Presents Creden¬ tials United The Following Arrival in Commonwealth Minister States to Australia, Clarence E. Gauss, presented his letters of credence to the GovernorGeneral, Lord Gowrie, on July 18. He conveyed President Roosevelt's best, Gowrie Lord greeted Mr. Gauss ment of for Mr. his arrival on Gauss and tions between Australia's prosperity, which Prime Minister R. G. Menzies Minister Affairs External and wishes reciprocated. John establishment the two countries McEwen July 16. on was of formally The appoint¬ diplomatic rela¬ announced on Jan. 8. Commission. Ray Bill Authorizing from A bill Use of American Ships War Zone Approved by to Carry authorizing the use of American ships for the area Acting approval, requires that the United States obtain, from belligerents, guarantees of safe Earlier in the day conduct for President Roosevelt told his ference that such guarantees might the ships. press con¬ be sought if American ships were sent for British children. Other , dent Roosevelt interest rates to the The on Federal Land Bank re¬ appointed three as as Secretary of Secretary of Navy Senate in July confirmed the nominations of Henry Secretary of the 3%% and continuing the rates loans at 3^%. was Confirms Nominations of Henry L. Stimson as to. Denmark, to and Charge d'Affaires. Senate War and Frank Knox 1 Minister States Denmark, but American affairs there will be handled by a legislation reducing the Land Bank Commissioner loans from 4% July States United Pierrepont Moffat, is now United States Minister to Can¬ ada. Mr. Atherton will retain liis post as Minister to Stimson as on of State Chief of the Division of European Affairs of the The Division's former director, Jay L. on Division Department. Land Bank Loans—Presi¬ signed on State Congressional Action Bill Reducing Interest Rate returned cently acted was Chief of European Department evac¬ favorably by the House Foreign Affairs Committee on July 26. The bill, which received the committee's unani¬ mous Acting United Atherton, Ray on nil Made Child Refugees House Committee uation of children from the European war Atherton Secretary of War and Colonel Frank Knox Navy. days of debate. Senate on received July 9 by the a Senate's Mr. The confirmations came after Stimson was approved by the vote of 56 to 28, and Colonel Knox approval on July 10 by a vote of 66 Messrs. 16. to Knox and Stimson nominated were by new proposals for what it America, during July. These meas¬ ures, some of which Congress readily voted, will arm the under President Hoosever and as Secretary of War under United States eventually to a degree that assuredly will President Taft; he was sworn in as Secretary of War on tend to make the country impregnable, if it is not so July 10 in the President's office with Mr. Roosevelt as a already. The outlays projected are on such a vast scale, witness and Percy Nelson, Assistant White House Comp¬ however, that a good many second thoughts seem advisable. troller, administering the oath. Colonel Knox, Republican The basis for the extraordinary armament plan appears to vice-presidential candidate in 1936 and publisher of the be a fear that Great Britain will be conquered by the Ger¬ Chicago "Daily News," took the oath of office at the man Reich and will turn its Navy over intact to the Nazis. White House on July 11, with Supreme Court Justice That supposition is so patently absurd as to need no Frankfurter officiating. Colonel Knox succeeds as Secre¬ refutation. It is questionable, moreover, whether the Ger¬ tary of the Navy, Charles Edison, resigned. mans could engineer an effective invasion of America even Louis Johnson Resigns as Assistant Secretary of War—Succeeded if they possessed the British Navy. Altogether evident, by Robert P. Patterson finally, is the fact that continuance of the European war In a letter dated July 24, Louis Johnson tendered to will mean the exhaustion of the victor, as well as the President Roosevelt his resignation as Assistant Secretary vanquished, and perhaps revolutionary developments at the of War. Announcement of this was made on July 25 by end. In these circumstances it would appear advisable for Stephen Early, White House Secretary, who at the same I the United States to increase its military establishment to time made known that Robert Porter Patterson, a Judge in some degree, in accordance with the advice of best informed the United States Circuit Court of Appeals in New York, military experts. The actual course pursued has been the President 20. June on (who succeeds Secretary of State Harry L. Woodring, resigned) served as •* 1 J - had been chosen to succeed Mr. Johnson. Judge Patterson Republican named to serve in a Cabinet post in the past month, the others being Henry L. Stimson, who recently became Secretary of War, succeeding Harry L. Woodring, resigned, and Colonel Frank Knox, the new Secretary of the Navy. Mr. Johnson resigned to permit Secretary Stimson to choose his own assistant. The Senate on is the third Jtilv 30 July 30 annrnvpfi thp nnnmnf-mpnt nf Mr. Patterson. approved the appointment of \fv Representative Warren Named by President Roosevelt Be to Comptroller-General President Roosevelt sent to the Senate nation of Representative Lindsay Aug. 1 the nomi on Warren of North lina to be Comptroller-General of the United States. sentative Warren, who has served in the House years, named was to Senator from New Fred succeed H. Brown, Caro¬ Repre¬ for 16 former a Hampshire, who recently resigned from the post and was later named a member of the United States Tariff Commission. The Senate confirmed the appoint¬ ment of nation Representative Warren the on day the nomi¬ same submitted. was Basil Harris Resigns Commissioner of Customs and Assistant as to Secretary of Treasury—W. R. Johnson Made New Commissioner Secretary of tbe Treasury Morgenthau announced on July 19 that Basil Harris, Assistant to the Secretary and Commissioner of Customs, had resigned to return to the private business he left 10 months ago to help the Treasury the administration of shipping problems that developed in lt«A /I i. 1. under \T „ the 1 „ • A 1 J _ T» -r Neutrality Act. Customs, -w W. R. of the Bureau of -a A.. _ _ Johnson, Chief Counsel appointed Commissioner of Customs by Secretary Morgenthau on July 19. D. W. was appointed Second Assistant Secretary of Labor by President Roosevelt on July 8. Mr. Tracy who has resi°ned his union post, assumed his new duties on Julv 12 He sue- Roosevelt term of Vvnrl sent U Fred H. the to United States expiring June 16, 1941. Senator from General of New the the on July 1 the Hampshire to be a tt New Tariff i- •— Commission 1 for the Mr. Brown, who was a former Hampshire, United States resigned June 011 Comptroller- as 19 health. because The Senate confirmed his nomination of the Tariff Commission on Aug. 1. as a of ill member - European was the suspended early in May, Low Netherlands Countries. authorities It was as the found Blitzkrieg swept possible by on The July 15 to resume business great Amsterdam market, and it would seem that difficulties were interposed by* the German masters on the Holland. and A brisk business prices of both Dutch other securities were siderably higher than in the closing period in May quent business was on the price was modified market level business was a no of developed in the opening session and smaller to a scale in degree Amsterdam On the con- Subseand French resumed July 30 but only French securities were traded at first, others being forbidden. Reports from German-occupied Paris were scarce, and it was only after days that it became known that only a few scattered transactions were effected as the Bourse resumed business. The London Stock Exchange was quiet throughout July, and Berlin also reported only a small volume of business and modest price changes. some American Rendered somewhat by, the rapid changes in Europe during June, and by the growing threat of diffi¬ culties in the I ar East, the Administration in Washington J. which may or but months and maybe years must elapse before can possess an adequate fleet of aerial fighters, The Navy is to be expanded to a degree that will make the United States the possessor of a "two-ocean" Navy. The land forces are to be augmented with equal additions, in tanks, guns and all other equipment. This vast program will take some seven years for completion, in so far as the program, the'country concerned, and the cost will be commensurate. Congress approximated the $10,000,000,000 level, and it is planned to cover a part of the expenditure by immediate increases of taxation, over and above the high levels of current taxation. It soon appeared, however, that "excess profits" taxes would have to be adjusted with some attention to the requirements of business, for in other circumstances business would lack an ordinary incentive for the plant expansions necessary to place the defense program into full effect. This debate continued through¬ out July, and promises to occupy much of the rest of the summer. Meanwhile, it became ever clearer that the defense program will take some time even to get under way, and in the interim the proper conduct of foreign affairs certainly would call for a careful and studiously correct attitude toward foreign Powers. Unfortunately, it cannot be recorded that such a correct attitude prevailed in WashNavy is Outlays voted by ington. The magnitude of the defense preparations is perhaps by a message which President Roosevelt best illustrated to In that message Mr. Roose¬ service," which is Congress on July 10. what he called "selective velt advocated The President also merely a euphemism for conscription. The President a so expressed opposition to aggressive war in the mes.a»e, an especially to the dispatch of Americans for service overseas, Lut the foreign policy which he pursued, in conjunction Through White House Mr. Roosevelt made known on July 6 that in his opinion five ideals must form the basis for any just and lasting peace. These are, briefly, world disarmament, improvement of living standards, freedom of religion, freedom of speech, and freedom of the press. It was further Mr. that, stated Roosevelt favors the applica- principles of the Monroe Doctrine in Asia and Europe, as well as the Americas. With a curious disregard for the sensibilities of defeated France, it was remarked tion of the the disposition be of decided among French Indo-China, for instance, the Asiatic countries. The prob- lem our ™ Monroe Doctrine occasioned a dispute with the German Government, which repliwl early in July to a hands off note addressed to the European Poweis, b t directed especially to Germany, the text of the Gernjan n0^e was not ma(le public, but a summaiy issued oy Mr. HuU indicated that the American riote was consi'Iered unwarranted and pointless, because the Reich had made no move toward the acquisition of territory 111 the Western Hemisphere. The German reply also argued that non-intervention in the affairs of the Americas implies that the American nations, for their part, must refrain from mterfcrence in the affairs of Europe. Another development of great interest centered around the Soviet Russian re-absorption of the three Baltic States of Lithuania, Latvia and Estonia. Under-Secretary of State Sumn(-r Welles issued a statement on July 23 in wllich lie score(1 the "deliberate annihilation" of the three countries by "devious processes," and emphasized the "deep and sympathetic interest" of the countries. A control order United States in the three issued by Mr. Roosevelt on July 25, in which petroleum and scrap iron were added to list of American products subjected to the system of export licenses. Export of the higher grades of scrap iron was the was Defense hysteric perfectly enormous establishment a U not be appropriate for the sort of war that now seems to be developing. Clouds of airplanes are envisioned in the new defense should tendencies, in some respects at least, were toward reconstruction in July, and in tbe securities markets this was reflected by reopening of the Paris and Amsterdam Bourses. The French market shut down when the Germans overwhelmed the country early in June while Amsterdam trading .U rl.. may that European Stock Markets over toward JX.U - •• Secretary Stephen T. Early, Tariff Commissi Senate at Brown of •• - ing, in this or any other respect. Justice Department to handle immigration matters. Fred H. Brown Named Member of United States member vy sent Tracy Appointed Second Assistant Secretary of Labor President LilV was Daniel W. Tracy, President of the American Federation of Labor's International Brotherhood of Electrical Workers, ■\miiiflfirin nf nomination of the defense of called I - various formulated rapidly Stimson Mr. forbidden, under this order, for defense. tion no On July 31 of aviation argument inadequate or an embargo was gasoline from the United was made likely to anywhere be so. of American reasons placed that Japan on the exporta¬ States, although our fblt supplies that she are was and gasoline orders, and repre¬ Tokio authorities. On July aimed at in the scrap iron sentations made by the were British agents participated in a Washington conference on airplane production, which ended in a public statement oy Secretary of the Treasury Henry Morgenthau Jr. that the United States had pledged every facility for British pur¬ chases of 3,000 airplanes monthly, in the United States. Ambassador "William C. Bullitt returned from France, and after extensive conferences with President Roosevelt, the Ambassador indicated that American relations with the French Government are so-called 4 Good Neighbors" of Latin America were reviewed in a lengthy conference at Havana, from July 21 to 30, which ended without any especially noteworthy contribution to inter¬ national amity. The meeting was preceded by endless maneuvering, which reflected in various ways the predilec¬ tions of President Roosevelt and his New Deal associates. There continual rumors, were throughout July, of German Nazi propaganda activities in the Latin American countries, and it finally was rumored that the German Minister to republics had "warned" them against at Havana. Secretary Hull the Central American the Pan-American conference July 11, that the rumored German action was a species of intimidation. It appeared, at the same time, that British warships were engaged in a patrol of the French island of Martinique, in the Caribbean, where some French warships were located. This threat of armed action in the Western Hemisphere between the former European Allies provoked no apparent reaction in Wash¬ ington, although it was said that a careful watch of devel¬ opments was being maintained. The $2,000,000,000 cartel proposal made known by President Roosevelt on June 17, with a view to control of the foreign trade of all the Amer¬ ican republics, was generally condemned in the United States, and little more was heard about the scheme. But just as the Havana meeting began, on July 22, Mr. Roose¬ velt sent a special message to Congress urging an increase of the capital and lending power of the official ExportImport Bank of Washington by $500,000,000, with a view to financial assistance to the Latin American republics. The bait thus held out apparently was none too effective in producing the sort of declarations at Havana desired by promptly charged, on the President. The Havana meeting was known as a Conference of For¬ eign Ministers, but it is instructive to note that Argentina and several other their Foreign send South American countries neglected to Ministers, and were represented only by delegations. The United States sent an impressive group of dignitaries under the leadership of Secretary Hull. The main the agenda was that of the possessions in Hemisphere of countries overwhelmed in recent months by the German Nazis. Although the German the item on Western Government intentions colonies States had of of disavowed infringing France, made it the only a few weeks earlier any sovereignty of the American Holland that clear and action to Denmark, the prevent any United such in¬ fringement was held advisable in Washington. The Argen¬ delegation, headed by Dr. Leopoldo Melo, argued that it would be idle to adopt at this time stringent resolutions for meeting problems that may never arise, and that are tine unpredictable in any event. Mr. Hull nevertheless proposed formally, on July 22, a "collective trusteeship" by the American republics of the possessions in the Western Hemi¬ sphere of recently defeated European countries. This trusteeship would be applied "should the occasion arise," Mr. said Hull, and would end either in the return of the possessions to their original owners or independence of the areas concerned. proceeded through the usual "crisis" of on July 30 it ended with a series of agreements. These were largely tentative, and they were explained in a lengthy statement issued by Secretary Hull and at the close of the conference. He remarked that three sets of problems faced the were the islands other gathering as it met on July 21. These transfer of sovereignty over certain possible regions from and non-American one non-American State to an¬ State, the threat of subversive activi¬ ties in American nations directed from outside the Conti¬ nent, and the extremely grave economic difficulties and dis¬ locations resulting from the war. Mr. Hull praised the spirit manifested by all the American nations and their comprehension of the problems involved. But he admitted that in the actions taken they have merely "cleared the decks for effective action, whenever such action may become necessary." In the political sphere the conference thus will assume the as restored this to region is in a position to govern iteslf, or is its former status. Pending the ratification of convention Havana" tion and its coming into force, "Act an of adopted, which is designed to cover any situa¬ may arise in the interim. An emergency com¬ was that of representative from each of the 21 a two-thirds rule and apply the a lelative provisions of the convention, under this measure. The Act also tions and ing jointly for its recognizes the possibility of emergency situa¬ of any of the American republics, act¬ the right or proceed in any manner required singly, to defense, or the defense of the continent, Mr. own Hull explained. Especially impressive, according to our Secretary of State, was the spirit of unity and solidarity displayed at Havana with respect to subversive activities and foreign Resolutions adopted at Havana "recognized propaganda. the common interest of all the American republics in these and matters front showed a determination to maintain a solid incursions," he said. In the economic sphere, instrumentalities of defense also were considered necessary, it was indicated. Mr. Hull mentioned that sur¬ pluses of commodities are accumulating and that the possioility must be recognized of totalitarian control of many European markets, at the end of the war. A resolution on economic cooperation was adopted at Havana which is against any designed to meet this problem, increased through expanded activities of the existing Interand Financial Advisory Committee. American and consultation is to be Economic The committee is to proceed at once with the preparation' of detailed plans for active temporary handling and orderly marketing of existing and prospective surpluses. A broader system of inter-American cooperative organization in mat¬ ters of trade, money, credit, foreign exchange and similar also items "Some is be to elaborated by the committee. proposed can be put into operation very quickly," Mr. Hull said in conclusion. "Some will require a of measures certain of time for amount the maturing and execution appropriate plans. Taken in its entirety, the program of action which is envisaged is flexible enough to apply to any emergency and effective enough to make it possible for each of the American republics to meet more fully the difficulties resulting from war-disrupted trade and to safe¬ guard itself from possible dangers of economic subordina¬ It is tion from abroad. which a system of economic defense under American the republics will be prepared to trade with any nation willing to meet them in good faith, in a spirit of friendly and peaceful purpose and on a plane of frank and fair dealing, and under which they will be fully equipped to protect themselves against any other kind of dealing." Upon his return to the United States, July 31, Mr. Hull indicated that the United States Senate soon will receive the convention for taking over European possessions in the Western Hemisphere that might be threatened with totalitarian seizure. Washington dispatches, on the same day, said that bills submitted for the proposed $500,000,000 additional lending power of the Export-Import Bank were being redrafted, owing to sharp criticisms by both Republi¬ Democrats. and cans Mexico Before and Cuba turning to the affairs of war-torn interesting to note that national July in Mexico and Cuba, with results that parable with Europe, it is elections were are held in quite com¬ previous performances in those countries. polls on July 7 to register their choice of a new President and Congress. President Lazaro Car¬ denas did not defy the Mexican Constitution and stand for Mexicans went to the The conference such gatherings, time republics would act under States with its United the taking advantage of the European situation by grabbing territory. "The thought has been to protect the peace and safety of this continent," Mr. Hull added. Any adminis¬ tration of European possessions, accordingly, would be pro¬ visional in character and would continue only until such of mittee consisting unchanged. Latin America Relations of 5 MONTHLY BEVIEW August, 1940] importance only In certain contingencies. The Havana solutions for the three problems outlined by Secretary Hull were a convention and a declaration on the political matters, and a series of resolutions on economic and other questions. The convention is by far the most Important of these documents, but it will come into force only after ratification by the Parliaments and Congresses of the countries represented. It contains, according to Mr. Hull, "definite provisions" for the administration of any region which it may be found necessary for the American republics to administer. He stoutly declared that at no time has any American nation had the slightest thought His reelection. revolutionary party was represented by Camacho, while the more conserva¬ tive groups were led by an "independent," General Juan Andreu Almazan, The balloting was attended by a good General Manuel Avila deal of dent was disorder, and it appears that the Mexican Presi¬ himself estopped from voting because the booth in his own district, which favored the opposition candidate, was forcibly closed by his own party members. The count¬ ing of the ballots is of little significance in such circum¬ stances, and still was continuing officially at the end of In Cuba the populace went to the polls on July 14, also to elect a new President and Congress. The balloting July. was conducted under the Cuban minions of who was one the watchful eyes 6f the armed dictator, Colonel Fulgencio Batista, of the candidates for the presidency. The only other aspirant was former President Ramon Gran San Martin. An Associated Press dispatch from Havana re¬ ported charges that at least two persons were wounded by soldiers when they expressed reluctance toward voting for Colonel Batista, and in such circumstances the election of the dictator was taken for granted. Britain and the Berlin-Rome Axis Narrowed sharply by the startling events of June, the European war continued throughout July, with Great Britain fighting an increasingly intensified conflict against the combined forces of Germany and Italy. The fall of MONTHLY REVIEW 6 late France, that forthwith led June, in Nazis the their and Government people prepared rapidly for and an of invasion. changed toward conflict, the in the end cruiser Sydney, of 6,830 tons, with twoMediterranean, which resulted in the the fast light Italian cruiser Bartolomeo Colsubsequently admitted the loss of the ship. Italian airplanes bombed British warships repeatedly, and leoni. Italy according to Rome they inflicted damage upon fighting between the great European antagonists. The propaganda, which is regarded simply as weapon British encounter an of sinking German-Italian one Australian the Italian cruisers in the Actually, however, the intentions of the Germans remained uncertain throughout July, which witnessed only aerial and sea The Admiralty was able to .announce, on July 19, The propaganda outpourings from fostered that notion, and the British England. to Berlin and Home had Gibraltar and Alexandria. fleets at its main to a quite general expectation allies would send an expedition vessels, notably the Hood and the Ark Royal. of large some But British ony denied that bombs had hit these vessels. On frontier and in northern Kenya Col¬ sporadic fighting took place between Italian troops- and British-led spokesmen July, the impression then given being that the war would be fought for some time on aerial and sea lines, with a view to starving Great Britain into submission. The Brit¬ the' Libyan-Egyptian ish, in turn, tightened their blockade of the fascist Powers, by means of a general embargo on shipments to all of sive. The impression was fostered by London that time Great Britain, especially in view of what Europe. is the side of on likely are conditions over all of Europe in famine be to Crops are poor everywhere in Europe, owing to the extreme cold of the last winter and the ex¬ the coming winter. Independent military experts traordinary spring freshets. point to that circumstance as making almost inevitable a German drive to end the war before winter again sets in. But the Reich now commands supplies of all of Continental Europe. they admit also conflict the of are adversaries with respect Chancellor Adolf interest. some Hitler called the German Reichstag into sudden and extraor¬ July 19, at the Kroll Opera House in Berlin. ®After a rapid review of the recent developments which led to the fall of Francee, Herr Hitler proposed a session dinary 011 peaceful settlement before one or the other of the great goes down to complete destruction. No terms contestants by suggested were that he felt His attitude, he said, the capitulation victor who declared been vanquished, but rather that of annihilate to harm even or Empire, and he held there is now prolongation of the if the conflict continues. to England quences ground for no He threatened terrible war. conse¬ This offer was ridiculed in the British press, and a negative response was made July 22 by Foreign Secretary Lord Halifax, in a radio address British to other and peoples. Accusing the German Fuehrer of distorting almost every main event since the began, Lord Halifax inveighed against "the chal¬ war fighting assured." freedom for until An "we shall not ourselves unbridgeable chasm was and others is said by the British spokesman to separate the, philosophies of life represented by the German Nazis and democratic Great Britain. . indicative Also fight of in the British the without flagging duced House intention continue to supplementary budget intro¬ Commons, July 23, by Sir Kingsley was of a This was a revenue measure, which followed the promptly granted request of July 9 for a war appropriation of another £1,000,000,000. Taxation by the lined was raised to the highest level in British history budget, revenue will only go estimated annual will taxes but short a the even distance heavy imposts toward meeting expenditure of £3,407,000,000. £239,000,000 produce additional of out¬ the The fresh annual rev¬ but only part of this will be available in the current enue, British fiscal year, which began April 1. The deficit to borrowing, previously estimated at £2,233,000,000, probably will amount to £2,000,000,000 in the current year, be met by notwithstanding luxury while levies a the all increased taxes. increased were "purchase" tax again death Income, sharply in the and measure, proposed, to be applied was between wholesalers and retailers. The conflict itself was conducted entirely the on high widening scale which many observers held to be a prelude to actual attempts at the invasion of the British Isles. The war was by no means a one-sided affair. The British air force bombed German industrial cities and Nazi troop concentrations day after day, .thousands of British bombs being rained upon the adversary in this that moreover, London spokesmen claimed, damage had been inflicted upon manner. enormous German were hands of German Nazi invaders, but available reports suggest that only and slow progress has less even the acting head Pierre Laval and Adrian have fascist and industrial even,-the the German great bombing airplanes attacked British ports on a scale that apparently exceeded cities English attacks upon the Reich. Ship convoys repeatedly by the Nazis, who claimed heavy British losses both by this means and through sharply also were bombed accentuated submarine attacks. The Germans appeared to be especially concerned with British port facilities, which British spokesmen admitted were damaged in some in¬ When stances. weather airplane squadrons ported in action at fied In as conditions numbering one up favored to 150 the planes time, and the attacks Germans, were were re¬ intersi- July continued. the Mediterranean area the largely at the discretion of the battle British was carried on Navy, which held seemed leanings. be- Constitu¬ new powers those in the- exercised Marquet were by named Petain, and both are knowm Foreign Affairs post was The Paul Baudoin. by to President Albert Lebrun gave Marshal Petain, who asured the French people that he is opposed both to capitalism and socialism. his up It is post to planned to which may the French Government to Versailles, be indicative of tendencies of the- move not may or regime. A shortage of foodstuffs occupied the Government, and great flood of refugees in unoccupied the received attention. France also- Cooperation with the German invaders- promised, notwithstanding an expectation that the impose harsh terms when the time arrives for a. Reich will peace settlement. It is quite peace terms will be dictated possible, of course, that theby Great Britain, but that aspect of the matter is not dominant in defeated France. One item necessity to of particularly that British immediately cope painful leaders with significance felt the is themselves interned the under French Navy.. The surrender of France left the actual fate of the French, fleet the in doubt, vessels in war manders posals notwithstanding would be of for on July German demilitarized specified ports. hands own for assurances the duration that of the The British took matters into their- 3 by presenting to the French com¬ important units at Oran, Algeria, several pro¬ the disposition of the ships. All the British proposals were rejected, however, and the British reluc¬ tantly fired upon the French vessels, striking several and- damaging on others. These steps were sorrowfully reported, July 4 by Prime Minister Winston Churchill, who said he would leave the the United States judgment of the action to Great Britain,and to history. French units at Alex¬ andria subsequently Britain, and in that large received case ultimatum an demilitarization from was Great chosen. A French warship at Dakar was damaged and put action by a British ruse. French warships at Mar¬ tinique, in the West Indies, were subjected to a British, new of patrol. These occasioned measures sharp criticisms France, and diplomatic relations between Great Britain France were Baltic pearance the of the balance in and. severed. Changes occasioned that little in of General close associates to end, war- Acting for the time- curtailed and that of the The political complexion of sort of fascism. a Shite, of Parliament. cated visible France. the Petain regime issued a 12, which concentrated great July on correspondents in was toward being in Vichy, tion press Germany, and the reporters indi¬ made regime headed by Marshal Henri Petain increasingly toward Baltic damage been toward reconstruction progress torn areas of northern States in States the Eurcpean scene by the disap¬ French power and the consequent shift in. were absorbed by German France Defeated indications in July that France fully intends torise from the terrible defeat suffered by that country at the There in harbor. late in July, a German Admiralty claimed that the before it fled, after inflicting some British vessel put into Rio de Janeiro for repairs. The British the Nazis, the port of Hamburg being described as "pulver¬ attacks. The Germans promptly organized a sight-seeing tour of Hamburg for the benefit of foreign inflicted was encountered, The sliii> was hit ized" the the upon damage upon the Alcantara, which slowed that vessel down.. out and in the air, but on a steadily seas Alcantara raider. armed the Chancellor of the Exchequer. Wood, to chantman was lenge of the anti-Christ," and declared that cease down that rocky promontory. The war again was carried, the South Atlantic Ocean, where the British armed mer¬ retained British conclu- not were Gibraltar, day after day, but it is at base as the hurtling upon a He said it had reasonable settlement. a intention his not that of a victor demanding was of the proposing never the Chancellor, German the impelled to make one more "appeal to reason." battles that, any damage of consequence believed not sent the that Official statements by the great to British great These bombs natives. Italians The of apparent in Lithuania, Soviet Russia. July, when the three small Latvia and Estonia were re¬ All the circumstances ing this action have not yet been disclosed. attend¬ It would appear reasonable to suppose, however, that Russia reached some bargain with Germany and Italy on this and otherquestions, such as the division of the Balkans into spheres of influence. Doubtless it was a hard bargain that the sort of Russians drew, for the Axis Powers the over their the are vitally concerned maintenance of peace in Eastern Europe, whence supplies European now war originate. was The position of Russia in outlined on Aug. 1 by Premier and. Foreign Commissar Vyaclieslaff M. Molotoff, who declared; not only that Russia firmly intends to remain neutral, but added that Germany has been assured of a "calm feeling: security" against hostile moves in Eastern Europe. The price that Germany paid doubtless consisted of consent for the reacquisition by Russia of areas stripped from her in of the settlements described of Russian the first relations World with War. Great Mr. Britain Molotoff and the- United States treated was Japan, also, little short of an active Soviet, in Moscow. speech the in his ad¬ in tlie course of unsatisfactory, as the Supreme dress before as opponent of Russia. \ , July that Russia was mov¬ Rumors were current early in not only to resume sovereignty over Rumanian-held. Bessarabia, but also over territory held by Finland and ing With respect to Finland, States. three smaller Baltic the demanding the right Finnish rail lines to surrendered by Finland at the The three States of Lithuania, finally appeared that Moscow was it troops and supplies over to transport base Soviet the of close Latvia the elections war. July 14, on toehold national virtual realign¬ the question of over Only Russia. with ment Hango, at recent Estonia, however, were forced and Working People s pro-Soviet a the ballots, and party was permitted to take a place on Red Army troops took due care that the voters "did their duty." The great bulk of voters appeared at the booths, in these circumstances, and "approved" affiliation with Moscow. The final act in this farce was completed on July 21 when the Parliaments of the three countries gath¬ ered and voted in every case for readmission into the Rus¬ sian State. In effect, this meant the disappearance of three more small countries from the European map. Whether Great Britain intends to restore these countries, as she has promised to restore others absorbed by Germany, was of by States was the United of Under-Secretary bitter statement issued by a Welles. Sumner State attitude The clear. made not indicated Area Balkan In Danubian Valley during July, following the Russian reacquisition of sovereignty over Bessarabia and the incidental seizure of the Rumanian area of Northern Bukovina, on June 29. of suggested incident that that degree of a exaggeration entered the original reports of Russian inten¬ tions. No rights were granted by Rumania to Russia in Tulcea and Constanza. But no one doubts for a moment would Moscow that control of the Black Sea to gain like Whatever agreement was with Germany and Italy clearly pro¬ the agreement. in of tions by Berlin conferences over officials, and by an endless pro¬ tween German and Italian Germany. of Balkan diplomats to These conversa¬ tions apparently checked the immediate ambitions of Hun¬ gary and Bulgaria to regain territories ceded to Rumania after the First World War, but the understanding was per¬ mitted to prevail readjustments territorial that were merely postponed. The growing influence of the German Reich was reflected in a sudden decision of the Rumanians supplies of gasoline and other oils available to make large The chief Rumanian steel plant was reported Germany. July 31 to have fallen into German hands. on viewed Government these developments with degree a of that reprisals might de¬ and it was intimated uneasiness, The British velop because of the Rumanian decision to make oil avail¬ able to which Germany made progress also in Yugo¬ reported that Serbian copper mines, the largest in Europe, had been acquired by the Germany. for slavia, are it was Reich. Militant Japan by the "moderate" Premier Mitsumasa Yonai fell Japanese militarists withdrew their support, and and even more highly nationalistic government was headed when the new a Foreign affairs were and that digni¬ immediately began to issue disconcerting statements formed by Prince took on a new and more dangerous significance in July, owing to augmented diplomatic pressure which the0 British Government bowed in mid-July. What amounts to an "appeasement" of Japan was resorted to by Prime Minister Winston Churchill and his Japan, to evident that this in London the of associates Cabinet, but it appeasement would be became soon no more successful halting the Japanese militarists than were the appease¬ ment steps by Mr. Chamberlain in satisfying the Germans. Japan pressed steadily for the closing of the supply route of the Chungking Nationalist regime of China, through French Indo-China, and when France collapsed the Japa¬ nese promptly achieved that aim. They next turned their attention to the only remaining avenue, the famous Burma road which route hastily constructed after the Japa¬ Pressure upon was gained control of all Chinese seaports. nese Great Britain exercised in many ways, and especially So potent were these was through threats against Hongkong. gestures that many British residents of Hongkong preferred the comparative safety of Manila and other places. Great Britain had already experienced the results of an "appease¬ ment" of the Japanese at Tientsin, but London nevertheless in gave Tokio to confirmed Great that for in a Britain world we Great agreed road of incident. Commons, close to It the was July 17, on Burma road Prime move in view of the immediate "the dominent fact that situation are had Burma House of three months. period defended the the over London the ourselves Britain as and necessary because engaged desires no in of a life quarrel Minister and with Churchill death any struggle." Far Eastern country, said the Prime Minister. According Russia were Japanese Burma to tary about the negotiations road. or which The Russian advised led reaction Asia Eastern of area which Japan intends to Asian chain" was outlined by the Foreign Minister, as a region in which Japan wishes to be the "stabilizing force." This area includes the South Seas, Indo-China and the East Indies, and merely would be based upon Japan, Manchukuo and China. Thus, it appears that the Japanese military appetite for conquest is still growing at a prodigious rate, and in these circum¬ dominate. A "great East between Japan eventual clash an Occidental Powers becomes all of July British one press arrested or more At the end number a correspondents, one of of by the Japanese to have committed suicide. retaliated by arresting several prominent Britain Great aud men and but inevitable. authorities Japanese the business whom was said Japanese in London, and early in August Tokio was. threat¬ ening diplomatic relations with the British Gov¬ with the to sever The deterioration of Japanese relations ernment. democracies Western great once hardly be rapid, more through the "back door" of Eastern Asia. war Trade—-Non-Ferrous Steel The could again the specter arises of American involvement the great trade steel Metals reported further gains in steel output, In its issue of Aug. 1 the "Iron Age" stated, in part: "Conditions in the steel industry resembling those of the spring of 1937 and the fall of 1939 are becoming apparent as steel companies push operations up to the limit of productive capacity. Shortages of raw steel, pig iron and by-product coke are bottlenecks, as they have been before during periods of high production. Some large companies have been forced to move ingots from one plant to another to give finishing mills enough steel, ad¬ with lower scrap ditional blast j>rices. furnaces are being made ready for opera¬ idle for a long period will be reconditioned, and projects for new furnace construction are under consideration. With many furnaces still idle, tion, the that have been some supplies becoming more serious. large extent except in an emergency, are being pressed back into service. Sheet and strip business will be augmented shortly by orders from the automobile industry, which have already begun to of coke question Beehive ovens, seldom used to is a in a small way. In the heavier products, particu¬ larly semi-finished steel, wire rods, structural shapes, plates, sheet piling, &c., the trend of orders is upward. tonnage month best regarding to the was the closing not Angloof the made known. by received below cases that of of the steel the mills in June, yet July thus far. July was In Aggregate was in most easily the second products July Export buying has gained and the total of all steel business is generally run¬ ning ahead of shipments. British, Japanese and South American buying is more than making up for any leveling tonnage off in for was some more year better than some tliaf of June. domestic lines. Japan has to the market come than 200,000 tons of semi-finished steel, wire rods, &c., which may be the result of President Roosevelt's proc¬ lamation the of as placing No. 1 heavy melting steel scrap under licensing provision of the May-Slieppard Act, effective midnight adverse effect ments are July on 31. scrap This proclamation has had no National defense require¬ steel mill order books." The prices. beginning to get on magazine "Steel" of Cleveland reports that "July pig iron production totaled 4,058,488 net tons, an increase of 6.4% June. The daily rate in July was 130,919 tons, com¬ over pared with 127,103 tons in June. Stacks active the last day of July numbered 187, a gain of six over the end of the previous month." Despite continued high steel operating The "Iron Age" composite price for steel scrap declined on July 4 from $19.58 to $18.92 a gross ton, on July 11 to $18.71, on July 16 to $18.38, and on July 23 to $18.17, which compares with $15.17 at rates, scrap prices were weak. the close of for finished July of last steel and year. No changes for of were reported pig iron, the "Iron Age" composite quotation for these metals holding at 2.261c. a pound and ton, respectively, which compares with 2.236c. finished steel and $20.61 for pig iron during the month $22.61 Mr. Churchill, both the United States and consulted Fumimaro Konoye. placed in the hands of Yosuke Matsuoka, appear Far Eastern problems from only reaction to the surrender of Great Burma road matter. The Japanese Cabinet this the was Britain in the the Axis Powers would hold sway in the South¬ indicated Washington. in made were Nor would Railway, European region, for the time being, at least. cession to such as was and Indo-China in eastern of arteries of commerce in every part considers that action such as this, if recently taken in relation to the constitute unwarranted inter¬ positions of obstacles to world trade." Later in July the Washington authorities clapped regulations on the export of certain grades of scrap iron and an embargo on the export of aviation gasoline These steps were viewed in Tokio as directed against the Japanese, and representa¬ taken, and was and world the Government has a legitimate interest that "this the keeping open made by the Russians This the Balkans, be¬ formal statement expressing a remarked shoreline, clear to the Bosporus. vided that Secretary of State Cordell Hull serious objections to In response to press inquiries, Mr. Hull Washington, however, issued stances Relatively quiet conditions prevailed in the vast Clarification 1 MONTHLY REVIEW August, 1940] a gross July, 1939. operating rate The of steel companies having approxi¬ mately 97% of the steel capacity of the industry, according MONTHLY EEVIEW 8 the American Iron and Steel Institute, was scheduled 90.4% for the week beginning July 29, 1940 (the highest rate since the week beginning Dec. 11, 1939, when it was to at 91.2%), and compares with 88.2% for the week beginning 22, 1940, 86.8% for the preceding seven-day period, 86.4% for the week beginning July 8, 1940, and 74.2% for the holiday week beginning July 1, 1940. At the close of July, 1939, steel operations were reported to be at the rate of 59.3% of capacity; in the corresponding period of 1938 July at 39.8%, and in the same week of 1937 at 84.3%. As to non-ferrous metals, "Metal and Mineral Markets" during the month under review reported in substance as Consumers who have been holding off from pur follows: in the ex¬ port division decided to cover early in the week ended July 31 when the market stood at 10.50c. The demand was such as to soon dry up offerings at that level. As prices firmed up, buying expanded, and before the week ended the quotation was fully three-quarters of a cent above the low of July 25. Throughout the month the large mine operators held to 11.50c., Connecticut Valley. Domestic copper sales for the week ended July 30 totaled 23,319 tons, chasing copper because of the recent weakness against 10,187 tons in the preceding seven-day period, 5,859 July 16, 9,684 tons for the week ended the week for tons July 9, and 13,119 tons for the week ended July 2. ended Sales of lead during the week ended July 31 were in good volume, totaling 6,912 tons against 4.508 tons in the previ¬ Manufacturers have small amount of cutting on their books, including recent Government orders, and a change in sentiment is con¬ sidered essential to touch off the large-scale purchases of fall and winter footwear which are customary at this time Production usually registers a gain of about 20% Notwithstanding the small volume business at hand, shoe manufacturers are holding their of year. during the late summer. of prices generally firm, while minor advances in retail tions have been put into effect in some quarters. quota¬ have held generally steady, with divisions of the upper leather trade, in fact, speeding operations "Tanning some moderately in order to meet delivery specifications. Sole manufacturers continue conservatively curtailed. Moderate quantities of calf and side leather for the fall shoe season changed hands in June at slight advances in up leather price, but quotations recently have shown some irregularity in reflection of the unsettlement in raw stock. between domestic spot hide prices and the developed in mid-July as futures contracts "A wide spread futures market abruptly month to sold off from IOV2C. per pound for the nearby 8M2C., a new low point. This drop, which may to be temporary, was prove attributed principally to hedging purchases of low qual¬ at distress prices. Whether these suitable for domestic footwear or by traders against substantial sales ity South American hides foreign hides will prove will be resold abroad at some later date remains to be seen. in traders of activity "The week, 6,696 tons in the week ended July 17, 2,579 tons ous unsettlement in the hide market. the only a domestic hide market the the w6ek P meanwhile has diminished since the abnormal relationship between spot and futures prices has not afforded a profit¬ ended July 3. The price of lead held at 5.00c., New York, able basis to initiate operations. Furthermore, traders' and at 4.85c., St. Louis. Zinc was in good demand during the week ended July 27, sales of the common grades during stocks of wanted types of resale hides have been fairly well in the that week period ended 10, and -1,371 July amounting 11,614 to tons in against 9.086 tons, tons in the preceding week, 2,648 tons in the week ended July 13, 850 tons in the week ended July 6. The quotation for and Prime Western zinc held at 6.64c., New York, and at 6.25c., St. Louis. Effective July 1 the export quotas of countries participating in the control of tin production have been raised from 100% of standard tonnages to 130%, the higher rate to continue for one year. Tin-plate operations during last the month under review were estimated approximately 70% of capacity, as com¬ pared with about 78% at the close in June. Tin prices showed little change, moving irregularly up and down within a narrow range, and closed on July 31 at 52,87%c., week of liquidated, at prices well below the Chicago market. While packers in this situation have lowered their quotations appreciably from the advanced level of early July, tanners continue to remain out of the Chicago market while waiting the prices to stabilize. Until the unusual raw stock situa¬ approached a more normal basis the industry may for tion has be expected to operate cautiously. Thereafter, sizable quan¬ fall remain to be purchased." tities of shoes and leather for the Grains ito be at the rate of New An York, which States Co. Reserve Metals the July 1 on Government to during the next 12 months c.i.f., United been acquire at June 28 last. made to the effect that was has national defense purposes." 52.50c. with compares announcement formed 75,000 by of tons United the tin "for This metal is to be purchased the basis of 50.00c. on a pound, Lumber turers Association from regional associations covering the operations of hardwood and softwood mills, lumber produc¬ tion during the week ended July 27, 1940, was 3% greater, shipments were 5% greater, and new business 10% greater than in the preceding week. Compared with the corre¬ 1939, production, shipments and new business were, respectively, 6%, 6% and 15% higher. The industry stood at 76% of the seasonal weekly average of 1929 production and 81% of average 1929 shipments. Reported production, shipments and newT business for the week of 30 weeks ended and 5% in July 27, 1940, respectively, 7%, 6% were, excess of the same period of 1939. figures for the corresponding For the 30 weeks of 1940 new business and shipments 5% and 4%, respectively, above output. were The ratio of unfilled orders to gross stocks July 27, 1940, compared with 20% filled orders were 3ear; gross stocks 6% greater than were 3% a at the was 21% previous. year time last same less. D„Uril]f So ^!«eiiended July 27> 1M0> a total of 509 mills produced -6-,042,000 feet of softwoods and hardwoods com265,097,000 feet, and booked orders of 310,Revised figures for the five preceding weeks ® •061,000 feet. follow: No. of Production Shipments Mills Week Ended— (Feet) (Feet) (Feet) 253,436,000 226,852,000 149,711,000 245,882,000 247,694,000 252,613,000 219,955,000 182,677,000 247,706,000 233,459,000 282,724,000 253,977,000 189,117,000 July 20. 1940 518 July July 13. 1940 502 6, 1940 495 June 29, 1940 494 June 22, 1940. 508 Orders Received temporary a "scare." crop Leather and 233,519,000 Footwear of much needed rains, Continued and follows: "Shoe factory operations declined seasonally from Febru¬ June, but the usual moderate upturn is reported for ary to lack of ernment of absence notable a the "scare" evaporated and hedging pressure of winter public participation in Aided by the Gov¬ contributed to the decline. the market hedging pressure later subsided and loan program, prices again managed to move forward during the lull that usually prevails between the end of winter wheat offerings the beginning of spring wheat sales. Harvesting of and latter the also has just crop about commenced. The market announcement that Argentina had placed a temporary ban on wheat exports because supplies of the old crop in that country were low while the new crop was helped suffered a an have Under normal conditions the United considerably benefited from such a Although Europe is deficient in wheat sup¬ development. plies this by late start. would States year, it being estimated that her present crop is 25% below normal and her import requirements about 200,000,000 bushels, the war situation is expected to pre¬ possibility of any export business being done from Considerable pressure, however, will doubt¬ this country. less be put upon Great Britain to permit some exports of much needed grain to stricken reach what is expected to be a famine- Europe during the coming winter. present situation, nevertheless, Great Britain, in lliat In view of the it is not generally believed her life-and-death struggle for free¬ dom, will permit wheat to be imported which would have chance of eventually reaching the hands of the enemy. any Moreover, Great Britain herself will be able to secure most of her grain requirements from Canada, and to this end is have purchased 100,000,000 bushels of during the latter part of the past month in what was the largest transaction on record. Pre¬ dictions are that Canada will harvest upwards of 425,000,000 reported cash to wheat bushels of wheat this year which, combined with her carry¬ 530,000,000 bushels. improves during the next few months, it is not likely that the United States will do much of an export business with Europe. In this connection it is interesting to note that the United States will permit Thus, Boston, in its "New England under date of July 31, discusses these markets as Prolonged gave Canadian The First National Bank of Letter, during the declined. advent she 254,036,000 past rise to fears that the production of spring wheat would be reduced. Subsequently, however, with the over, Hides, of moisture vent the on Un¬ the during The steadiness which prevailed in early part of the month was the recovery. markets wheat Movement According to reports to the National Lumber Manufac¬ sponding subsequent prices States ports. price fluctuations Early steadiness was followed by easiness and a month. result narrow markets wheat domestic characterized the comparatively and Irregular unless the her to export about European situation Department of Agriculture announced on July 2 the continu¬ during the next fiscal year, of the subsidy on grain ance, July. Output is running about 12% below a year ago and production for the first seven months is estimated at 222,000,000 pairs, or 6% below average for that period dur¬ quent announcement extended the subsidy to flour shipped ing the past five years. United States is going to have a have held Retail sales of footwear meanwhile approximately at the level of a year ago, thereby establishing months. a sound basis for operations in For the present, ing their purchases the however, distributors to near-term requirements next are in few restrict¬ view of and from flour Gulf exports and from Atlantic the Pacific ports. Northwest. A subse¬ From all indications the normal crop of wheat this season of approxi¬ On July 10 the United States Department of Agriculture estimated the total production of wheat in the United States this season as of July 1 at year to add to its carryover from last mately 300,000,000 bushels. 9 monthly beview August, 1940] 728,644,000 bushels, compared with last year's output of 754,971,000 bushels, and the 10-year average of 754,«»,ouo bushels. Corn, oats and rye ruled generally steady during the past month, with final prices showing fair gains. Corn was influenced by hot, dry weather and the extension or loans on farm-stored 1938 and 1939 corn. With the most ing effect of the forthcoming election campaign, adhered is highly suscept¬ ible to heat and drought. In Chicago the September wheat option closed on July 31 at 75%c. as against an opening of 73%c. on July 1. At Winnipeg the October wheat option closed on July 31 at 73%c. as against an opening of 73%c. on July 2 (July 1 a holiday in Canada, Dominion Day). July corn in Chicago closed on July 31 at 62c., compared with an opening of 60%c. on July 1. July oats closed at 30%c., compared with an opening of 30%e. on July 1. July rye closed at 44%c. as compared with an opening of 38%c. in critical growing period at hand the crop July 1. on Sugar developed a General senti¬ ment appeared to be more or less bearish, 'and there was a notable absence of speculative interest on the constructive side of the market. Producers who had been holding back in hopes of higher prices showed a tendency to sell more freely. An outstanding development was the announcement by the Agricultural Adjustment Administration that quota deficits of producing areas would not be re-allocated. Although there was a probability that the Philippines and Prices in for market the full some duty areas "futures" sugar the past month. downward tendency during fill not may it was their quotas, to their previous hand-to-mouth buying policy. Retail mer¬ chants, too, limited their purchases to nearby requirements, pending a clearer outlook on fall business conditions. Prices generally steady, however, reflecting the rela¬ held tively sound inventory position in most lines. Raw cotton mildly reactionary trend throughout the Chief adverse factors were the paralysis in the July followed month. a Continental European export demand caused by war devel¬ opments, the continued dulness in the domestic cloths busi¬ ness with its resultant unfavorable effect on mill takings, and Southwestern growers. by rumors of a somewhat higher loan rate on the new crop, and by early unfavorable weather reports from the western and cen¬ tral portions of the belt, which tended to strengthen new crop deliveries. Later in the month more favorable reports on the progress of the new crop reached the market, lead¬ ing to predictions that, notwithstanding this year's small acreage, the total crop yield might reach or slightly exceed the average level, in the face of sharply curtailed export outlets. In the closing days of the month a moderately steadier tone developed, partly in sympathy with the im¬ provement in the security and other commodity markets, and, in part, due to a sudden revival in gray cloths trading. Growing expectations that the drying up of export possi¬ bilities will be counteracted by increased requirements for the national defense program also had their share in im¬ A initial some selling by hedge offsetting factor was supplied partly proving sentiment. Spot cottpn here in New York was pointed out that the total quantity involved would not go far to improve the currently top-heavy domestic supply situation. Sales of Cuba raw sugar during the month were of small volume and consisted of the following, all exclu¬ 10.69c. July On July 1, July shipment at 1.85c.; on July 5, July shipment at 1.80c.; on July 12, afloat at l.SOc., and on July 18, inport at 1.76c. The wholesale price for refined, immediate delivery, was quoted from 4.20c. to 4.50c. on July 1 and July 2, after which it was quoted at 4.50c. until July 18, when a range of 4.20c. to 4.50c. was again quoted and continued until July 29, on which latter date the range was lowored to 4.20c. to 4.35c. the month, but on the last day of the period a sharp expan¬ sion in business developed, which was attributed to the sive of duty and delivered: Coffee The tendency of prices in the market for coffee towards was levels lower during the past "futures" Con¬ month. tributing factors to the decline were hedge selling against Brazilian Brazil. old-crop There coffee from had an No. were the adverse Santos 7 coffee no Havana effect and lower freight rates from concrete developments regarding conference, a fact which likewise sentiment. upon quoted July 31 at 6%c., the same as June 29, May 31 and April 30; 6%c. March 30; 6%C.@ on was 6%c. Feb. 29, the same as on Jan. 31, against 6%c.@6%c. 29; 6%c.@6%c. Nov. 30; 694c.@6%c. Oct. 31; 6%c.@7c. Sept. 30; 6%c.@6%c. Aug. 31, and 6%c. July 31. Dec. No. 7 Rio July 31 at 5%c., the same as May 31 and April 30, against 5%c. March 30; 5%c. Feb. 29; 5%c. Jan. 31; 5%c. Dec. 29; 5%c. Nov. 30, was quoted on June 29, on the same as the same as on on Oct. 31 and Sept. 30, against 5%c. Aug. 31, July 31. the announcement Corporation for the that purchase two by new the Reconstruction corporations would 150,000 of tons of rubber Finance be in created the open market, after arrangements with the Inaternational Rubber Regulation Committee. Subsequently a reaction developed as it was believed that the committee would make an extra export quota provision of 10% to 15% to take care of the contemplated United States Government purchase, but an¬ other action moderate on rally took place following the committee July 5, limiting the raise for the third and fourth quarter to 5%, namely, from 80% to 85%. The United consumption figure for June, amounting to 46,506 tons against 51,619 tons in May and 48,438 tons in June, 1939, was approximately as expected and consequently had States little effect During the second half of the the July delivery proved a steadying factor, but following the smooth liquidation of this position facilitated by the arrival of several rubber carrying ships, prices again receded as factory circles evinced little interest in available offerings. delivery were quoted at 21%c. asked July 31 against 21%c. asked June 30; 21%c. asked May 31; 19%c. asked April 30; 18%c. asked March 30; 18 9/16c. asked Feb. 29; 18%c. asked Jan. 3119%c. asked Dec. 29; 20%c. asked Nov. 30; 2094c asked Oct. 31; 21c. asked Sept. 30; 16% c. asked Aug. 31; 16%c asked July 31, and 16%c. asked June 30. smoked sheets for spot Textiles The textile the end to be of trades the made month a getting under way. contend with carried the quotation to a low of July 29, and was 10.19c. July 31. Trading in the by minor rallies, 10.16c. cloths markets was at a better feeling shown adverse a spotty showing, but towards moderate improvement appeared Retail business generally had to seasonal virtual standstill during most of by the security markets and to reports purchases by Government agen¬ of imminent large covering cies for defense purposes. 28-inch 64x60's The was Print cloths at Fall River for quoted at 3%c. throughout the month. of 27-inch price cloth 60x64s was 3%c. July 31, as compared to 3%c. June 29, while Osnaburgs were quoted at 7%c. July 31 as against 7%c. June 29. The report of the Census Bureau, issued July 13 and covering the month of June, revealed a substantial decline in the United States consumption of the staple, both as compared with the previ¬ ous month and the corresponding month of last year. The consumed amount in June was given as 556,529 bales of of linters, as against 636,467 bales of lint and 92,052 bales of linters in May, 1940, and 578,436 lint and 79,254 bales bales of lint and 73,699 bales of linters in June, 1939. reflected, on the one hand, the receipt of further considerable army orders, and, on the other hand, the increasing caution on the part of Noth¬ The woolen goods market ing manufacturers, pending a clarification of business pros¬ pects for the fall season. While mill operations held at previous active levels, their maintenance was viewed as becoming increasingly dependent on a revival of private Business in women's wear materials gave indica¬ tions of an early pickup, with interest centering in fleeces buying. Japanese double extra 13-15 deniers were quoted July 31 $2.53@$2.55 against $2.65@$2.68 June 30; $2.72@$2.79 May 31; $2.58@$2.64 April 30; $2.87@$2.90 March 30; $3.00@$3.05 Feb. 29; $3.10@$3.15 Jan. 31; $4.50@$4.55 Dec. 30; $3.43@$3.48 Nov. 30; $3.55@$3.60 Oct 31; $3.10@ $3.15 Sept. 30; $2.65@$2.70 Aug. 31, and $2.70@$2.75 at July 31. of the 20-22 deniers Japanese crack double quoted at $2.44@$2.46 July 31 against $2.56@ $2.58 June 30; $2.64@$2.81 May 31; $2.53@$2.59 April 30; $2.82@$2.85 March 30; $2.91@$2.96 Feb. 29; $3.03@$3.08 Jan. 31; $4.43@$4.48 Dec. 30; $3.41@$3.46 Nov. 30; $3.47@ In the extra case was $3.52 Oct. 31; $2.94@$2.99 Sept 30; $2.50@$2.55 Aug. 31, Petroleum the market. on month the growing tightness in Ribbed A steady downward movement, interrupted and shetlands. Rubber Crude rubber opened the month with a higher trend fol¬ lowing only 1. factors, such temperatures and vacation influences. as excessive In those sections of the and Its Products July saw more headline news developments in the domes¬ tic and world petroleum picture than ever before in one in month the history of the industry, with the highlight of petroleum and petroleum products under vir¬ tual embargo through the action of President Roosevelt in adding these commodities to those listed under the export the placing control system. President Roosevelt July 25 extended the export licens¬ a virtual embargo, to include petroleum and petroleum products, effective Aug. 1. Act¬ ing under the authority of legislation which gives the on ing systems, which amount to President the power to control exports of materials essen¬ tial for national defense, a previous proclamation was re¬ vised by the Nation's leader to cover petroleum and its products. The announcement of shortly after it was President Roosevelt's action came disclosed that the Government had stopped the shipment of oil in American tankers to ports country, however, where industrial activities have been stimulated by the national defense program, substantial gains in the sales volume were recorded. Wholesale trad¬ outside ing gave a rather disappointing account as wholesalers influenced by the war uncertainties abroad and the retard¬ weeks for fear that oil was being received there for trans¬ of the Western Hemisphere. This shut off such Spain and the Far East, except in foreign Great Britain has been "blockading" Spain for many shipments to ships. shipment to the Axis Powers. refused had it against a former gravity schedule which ran from 79c. to La Salle Petroleum, a small independent, to meet Sinclair's cut, all other major units holding to their former posting. how permission to make one or more Another startling development, when month-end the ^ question whether or not the suit to as will hamper time the'situation when themselves of inform additional for asked in order to the question was submitted to them in order that they might have all of the of the planned action. before giving approval information Attorney-General Jackson said, was "entirely It had previously been recommended by Assistant Attorney-General Thurman Arnold, in charge of the anti-trust division of the Department of Justice, that This request, of the question fore suit defense plans tional action court any "The anti-trust its possible effect upon na¬ with the Commission be¬ and be taken started. was division up of the Department of Justice discussion large part of the oil industry of Attorney-General Jackson announced "This seeks suit to force selves of certain types so is July 31. companies to divest them¬ as pipe lines and and to disintegrate them¬ transportation and marketing from that relation the the to supply and transportation of oil national defense. Assistant At¬ torney-General Thurman Arnold recommended that the mat¬ of ter of commencement National opinion Defense on action be taken Commission Advisory to the effect as the the ascertain to with its up defense the national program. I directed that this be done before determining whether to "The action has been the result of a long history of litiga¬ tion, the relief demanded is extensive, and the bill of com¬ plaint is lengthy. The Commission requested time to inform to the effect of this action as interest its before on "This request of the Commission for time to inform them¬ selves before giving their approval to the action was obvi¬ ously reasonable and has been granted. complex nature of the action itself, I in informed am that specific problems relating to pipe line transporta¬ are tion, the manufacture of synthetic ters In addition to the which quirements the Commission rubber find may and other that mat¬ defense re¬ be met only by the investment of additional sums in properties as to which this action seeks divestiture. "The Commission did not want to render a can snap ment; did nor I want a snap judgment judg¬ the mission. "I should be how long be also conferred members of the for Defense an hour this Commission. morning I have with the received from the Commission than for adequate and reasonable time to give an intelligent answer to the ques¬ tions this nor department has asked of it. It has not sought abandonment of the action in this or suggested any other case. Its opinion has not been and would not be sought in any case that did not appear to affect national defense." Crude oil prices slumped in fLe north Texas fields in mid-July when postings for crude were reduced in the first break Oils in cuts lasted level. the market brought^about until the price Panhandle of north Texas, against 75c. a top-gravity. last August when Consolidated a five-State well structure was Refining started price for since barrel On posted for be not involved "The shutdown that restored the all to break crude its former with oil a flat in former posting of from 79c. to $1.03 the same day Rock Island Refining the current is price being sub¬ concerned merely with how much for or some average ucts that would refiner from getting prices for him enable to pay his reasonable a prod¬ price for crude." Further curtailment in demand export for lubricating oils, together with consistent overproduction in the face of the dwindling market, brought the third reduction in prices of Pennsylvania grade South Penn Oil thev making schedule barrel. a crude Co. oil of reduced the year July on quotations 25c. reductions since Jan. net new $2 to cut 1 last a 75c. barrel, barrel/ Bradford-Alleghany crude oil Southwest Penn Pine 12 a Line was eased off to $1.65, with Eureka Pipe Line down to $1.59. August market demand for crude oil in the United States was set at a daily average of 3,657,700 barrels, or a total of 113,900,000 barrels in the regular monthly market fore¬ cast of the in above excess of United States Bureau of Mines issued in Wash¬ the mid-July. actual market Estimated month. This is approximately 30,000 barrels July estimate and daily than more demand for 15,000 the crude average oil July 1,339,400 ..1,326,400 598,400 593,900 New Illinois 440,600 402,300 Oklahoma Kentucky Mississippi.. York........ 402,600 403,900 Louisiana 276,100 278,100 159,400 West 105,200 106,100 Wyoming 81,300 80,600 Arkansas 65,200 57,100 47,900 14,000 13,900 14,200 61,600 48,000 18,100 14,000 67,400 Michigan .... Indiana 166,800 July 20,600 California Kansas by / A ugust Montana in 1939 demand . a uyust Texas barrels comparable States follow: Mexico Pennsylvania Governor Lee O'Daniel the latter organization from Austin. 9,000 10,000 Ohio 8,000 8,000 Colorado 4,200 4,800 3,657,700 3,628,400 Virginia. Totals... of July the 31 removed Texas Ernest Railroad Com Compact Commission from "in the public interest," Mr. 9,700 9,000 mission and of the Interstate Oil ported 10,300 10,000 on Thompson, former Chairman Thompson, it was re¬ who recently unsuc¬ gubernatorial candidacy cessfully sought the Democratic against Governor O'Daniel, announced that he would attend future meetings of the Texas of the Compact group as Railroad a representative Commission, of which he is still a member. Price changes posted for crude oil during July follow: Co. cut Pennsylvania grade crude prices 25c. July 12—South Penn Oil a barrel. July 15—Panhandle Refining Co. cut postings for North Texas crude oil a flat price of 75c. a barrel, against a former gravity schedule ranging from 79c. to $1.03. July 15—Rock Island Refining cut the price of crude oil in pool of Oklahoma GOc. to the Tussey 90c. July to 16—-Sinclair 75c. a Prairie barrel, Oil against Marketing a Co. former gravity met the price schedule cuts of in the a flat North Texas fields initiated by Panhandle. July 16—La Salle Refining cut prices of North Texas crude oil to 75c. posting, effective July 17. In the refined products branch of the industry, President Roosevelt made just as big news as he did in the crude with his July 31 announcement of the under the export of the Western placing of aviation gasoline licensing system, forbidding its export out Hemisphere. The President permitted only minor exception, in cases where American-owned avia¬ tion companies needed stocks of aviation gasoline at termi¬ nals outside of this hemisphere. one bought a in industry There might: helpful discussion of the influences that pre- the no other request he prorated States should be cut back. vent to have what misleading propaganda concerning the importation of foreign oil," he contended. "The discussion Com¬ from for jected to false and the national defense furnishing the Department of Justice with views. there factors New authorize the commencement of the action, and on July 26 the matter was presented to the Commission. itself suggestions industry. the the of ington of oil. obvious have now on United of properties, such to separate as the production "It these and marketing facilities, tankers selves the seeking telegram of weakness Under the a Bolin, President of the North from New York, in answer Association, out that Consolidated's subsidiary, Sinclair Market, had not cut prices until other companies had initiated lower postings, Mr. Sinclair called for a free- panies and their subsidiaries and affiliated companies prising States," Gas & Pointing when com¬ a "serious situation." a July 24 recommended that I authorize the commencement of a comprehensive civil suit against 22 major oil com¬ on calling Prairie Oil reasonable." the warrant At month-end there had been no further the situation stood just where it did in Bolin's Mr. to termed planned. Commission did not situation the that wire sent to D. H. a Oil Texas national defense if entered in court on July 29 as originally The other not said in came "comprehensive" civil suit charging a by Attorney-General Robert H. Jackson, who had to the National Defense Advisory Commission time being in present unsatisfactory conditions in the oil industry be remedied by well shutdowns, H. F. Sinclair,. Chairman of the Executive Board of Consolidated Oil Corp., practically every major oil company in America with viola¬ tion of the Sherman anti-trust laws was held up for the submitted extent The will accenting the important national defense, also part that petroleum will play in at might mid-July. month-end had applied for export shipments. exporting end of the industry at decided sion special meting. price cuts and the the effective 1 which shutdown C. Phillips of Okla¬ homa, Chairman of the Interstate Oil Compact Commission,, asking for a special meeting of the Commission to consider the problem brought about by the price cuts. The Commis¬ already approxi¬ 1940 exports with men, the regulations are going to be after date, virtually all oil companies in stringent Commission raised the possibility Railroad State-wide a States, and also wired Governor Leon mately 30% behind last year, at month-end were awaiting with anxiety Uie clarification of the embargo ruling. The President's notice prohibited shipment of oil out of the United States "except when authorized." In order to check Aug. company Texas JTlie of only the was America. oil barrel. $1.03 a chartered a tanker to a Soviet firm, Japan made extremely angry representations to the United States Government and raised the "question" of possible delay in movements of essential commodities from the Far American Oklahoma in Quick to follow the cut initiated by Panhadle was Sin¬ Prairie Oil Marketing, which slashed crude postings in north and central Texas to a flat price of 75c. a barrel,, later, the Commission to pool clair for transportation of oil to that country. The Commission's announcement said that this was in line with its new policy of keeping American tankers within the confines of the Western Hemisphere. When, a few days East Tussey the in to 60c. firm Japanese price of crude the cut came States Maritime Commission to" charter American tankers to a by the United disclosure that "embargo" the news of the with Simultaneously the . "In the interests tion gasoline is of national defense, the export of avia¬ being limited to nations of the Western Hemisphere, except where such gasoline is required else- for where Airways, pacific operations outside of this hemisphere. The President's order meant the end of the aviation S&soexport nations. two month as the industry Holdings line. for GCG totaled being moved freely to European nations. were although the index price for gasoline at 50 major cities compiled by the American Petroleum Institute was under the figure reported for the like 1939 date. Taxes, due to the new Federal "de¬ fense" imnost on gasoline, rose to a new high. Heating oils showed some seasonal weakness, with the lower tanker rates from the Gulf ports paring the prices of grade C bunker fuel oil by 10c. a barrel to $1.25 at New York Harbor. for the changes, showing the trend of markets, follow: Representative price refined product major prices 1—Diesel oil July dropping $1.95 from 2 were lac. cut barrel a in New cut 3/10ths cent a gallon, were heating oil in the New York-New England market. prices York the on New York Harbor 35 points to 6.4c. barrel gallon. a 29—Standard of July to New Jersey grade cut C bunker fuel oil 10c. Intermediate After rolled in interval of an issues, during market On States occasion it through the offering of poration calling account these new the the market An official summary fiscal of the results of the Treasury's 1940made public by Secretary Morgenthau on was year July 2. He said that total receipts amounted to $5,925,compared with $5,668,000,000in the previous year,, as The gross public debt on June 30, 1940, amounted to $42,against $40,439,000,000 a year earlier, an in¬ of $2,528,000,000, of which $1,523,000,000 was in the- crease of market month, betokened an above the dated 19oG, were figure, so as new three- 011 in money necessary the recent working the years were to mature July 11 and closed on on June 15 the same day except for small subscribers, for whom the books open two more days. The details of July were kept Again sub¬ own not capital and surplus. investors, preferential allotments were given to subscribers to $5,000 where subscribers specified thaimade in registered bonds 90 days after up the date of issue. went to a Lue bonds were premium $6,^)5,071,550 and that that investment two points. total and subscriptions was accounts $40,600,000 out of auicklv Mr. Morgenthau aggregated allotments totaled $671,319 eluded in this latter amount Government on a discount basis are a Amount of Mature Subscrip¬ tions Offering Oct. 2 1940 91 days $100,000,000 4 1940 10 1940 Oct. July 17 1940 Oct. 16 1940 91 days 100,000,000 19 1940 July July 24 1940 31 1940 Oct. 23 1940 91 days 100,000,000 Oct. 30 1940 91 100.000,000 July July 26 1940 9 1940 91 days 100,000,000 days $337,958,000' 287,791,000 247,377,000 259,942,000 237,621,000 To Redeem Bills Subscrip¬ Amount Average Offered tions Accepted Price Yield 28 1940 $337,958,000 $100,294,000 99.994 July 4 1940 287,791,000 100,384,000 99.996 July 12 1940 19 1940 26 1940 247,377,000 100,098,000 99.998 259,942,000 100,407,000 99.998 + 237,621,000 100,424,000 99.999 0.024% 0.017% 0.008% 0.006% 0.004% July July NEW The fore tions in part of the month of the emissions SECURITY ISSUES domestic market undertaken in the 100,685,000 100,246,000 100,043,000 100,051,000 saw security flota¬ in total volume the preceding months. postponement of new financing originally scheduled to upon the market at role in bolstering the this an earlier date played July total. contraction, contraction Bond in offerings exceeded a The come significant An analysis of the figures July of this year, however, with that of sizable of— $100,525,000 IN JULY July surpass two Maturing Issue that total in of July, any one financing year ago for the notwithstanding like month since July, 1936. The showing the latter part of the month was less noteworthy in view of a sharp letdown in business due in great measure to a dearth of new offerings in process of registration and not from a lack of institutional demand. heavily oversubscribed of about July 22 con¬ 2.28% from 2.30% on Treasury notes- yield 12 1940 period. be the average July current new were July exceeding one-half of For the benefit of small amount combined The issues July a delivery Government Treasury bills sold 3 1940 reveals for amounts of range Date for an prices of Bills Bills account to form given in the following tables: scriptions from banks and trust companies for lestiicted the to There was to be noted in the terms of the offering con¬ tinuation of the Treasury's effort to hold down paddirn* of subscriptions and prevention of "free riding." weie $1,005,000,000 in five-year maturity declining to 0.58% from 0.64%. The average rate at which the Treasury bill issues were placed fell from 0.046% in the last week of June to Juue was to maintain considered July 22, 1940, and opened in narrow a June 28 1940 in prudent minimum, of $1,000,000,000. The last previous new money borrowing by the Treasury was in December 1939 when $521,000,000 of 2% bonds of 1948-50 was placed with the public. Subscription books on the new bonds which were to Offered early approach of July 8 that it on Treasury to borrow balance and war noted as Treasury would have to raise Morgenthau remarked for the issues issues. , again. The new Treasury bonds in the amount of $600,000,000 were formally offered by Secretary of the Treasury Henry Morgcntliau Jr. 011 July 11. They took the form of 2%% Treasury obligations, due in 1956 and callable in 1954. Mr. of by the Treasury in June of the practice last through 0.004% for the issue dated July 31. indirectly issue of Commodity Credit Cor¬ subscriptions to Treasury issues, columns carried date. at the end of June and money. approached * the day when the banks bonds not callable in 12 years falling to Treasury depositary institutions for repayment of 011 Credit on in July, but the general direction again was higher, with the average yield on four Treasury Treasury bond issue. a to came an notes. The resumption loan Government the directly through the sale of second a month the allotments Aug. 1 of $40,650,000 of debentures, leaving a total of $218,250,000 outstanding at the close of business on that fined TREASURY July reentered the capital market to raise Once of STATES United the on $3,185,206,000, Actual on form months, during which it merely seven maturing over UNITED basis. the total amount, $1,500,000 of the 90-day debentures and $300,000 of those due in nine months were placed within the System. The public subscribed for the remainder, pay¬ ing a price slightly above par. The System had a maturity Fluctuations THE announced aggregated July 17 by placing $40,700,000 of %% debentures, all dated Aug. 1, with $13,700,000 matur¬ ing on Nov. 1, 1940, and $27,000,000 on May 1, 1941. Of special OF Morgenthau $289,458,000. Federal a $1.25. JULY FINANCING exacted of the demand for the 967,000,000 ■July 11—-Standard Oil Co, ot New Jersey reduced prices of No. 2 heating oil promises on expenditures, exclusive of debt retirements, were $9,537,000,000 as against $9,210,000,000 an 1939. The net deficit was $3,612,000,000 as against $3,542,000,000 in 1939* Harbor, prices were as Mr. and subscriptions be on a 9% as would financing operation a 090,000, 5.1c. for kerosene, and 4.4c. for No. 2. were The These issues. diminishing effect and total $1.80. to July 2—Kerosene prices No. steady, held part, most that, 1 allotments no however, notes, Aug. for the corre¬ sponding month last year. Export demand was set at 1,900.000 barrels by the Federal agency, the European war being held responsible for the slump from the 4,208,000barrel figure recorded for August a year ago when ship¬ Prices, by the Treasury and the Federal Reserve recent on subscribers had gain of 2,372,000 barrels over actual demand ments extent some demand in the domestic market was 56;,200,000 barrels by the United States Bureau of in its regular monthly market demand forecast, a Mines disposition of this subscription, or of which may been discouraged August jnotor fuel at other or banks, said Secretary Morgenthau, it has still persisted to with the American Petroleum showing holdings for the latter date at 90,173,000 barrels. set securities be allotted thereon, prior to the closing of the subscription books." While this practice has 27 period, figures the sale the still "overstocked" on gaso¬ than 7,000,000 barrels during was off more were June 22-July Institute saying that "no arrangements have been or will be made Failure drain despite the sharp inroads into operations, however, held down the stocks somewhat, and inventories the ments demand. to seasonal expansion in dled in response of refiners to pare upon before the closing of the books." Both banking and lion-banking subscribers were required to sign a certificate . picture brightened somewhat during the stocks of finished and unfinished gasoline dwin¬ statistical The a $250,000,000 of CCC notes offered by Mr. Morgenthau on July 24. These notes, offered for cash, were dated Aug. 1, 1940, and bore interest of %% per annum to maturity on May 1, 1943. In the case of this offering the Treasury required of subscribers a certificate which was "designed to eliminate the practice of making formal or informal contracts for the sale of subscriptions or allot¬ than more of forestalling free riding by subscribers fuller state of development in the case of the 1,000,000 barrels of the total. Japan and Russia, formerly major customers, lost out last year when the Department of State initiated its 'moral embargo" against movements of aviation gasoline to these for accounting $39,110,300 of the bonds. days later, carried to was England 1,164,343 barrels sold abroad, with France and the 90 the This technique business for American oil companies, a check at the Department of Commerce disclosed. During the first six months of 1940 Europe took 1,070,238 barrels or line to deliverable transatlantic and trans¬ needs stocks for which public thus amounted to $630,119,850. Subscribers for $5,000 or less of the bonds applied for, and received allotment in full in the form of registered bonds Allotments The exception read. original offering* 000,000 reserved for these accounts in the of American-owned companies, the was for Pan-American operations announcement 11 MONTHLY REVIEW August, 1940] rf 850 £s Tn tor t9tal of .f50, Among the outstanding issues of the month $60,000,000 were included 3% debentures of the Texas Corp., the Cleveland Electric Illuminating Co. offering of 3% 1st mtge. bonds in the amount of $50,000,000, and the $32,000,000 3*4% bonds of the Indianapolis Power & Light Co. The following comprise the principal issues placed in July: the RAILROAD FINANCING $7,995,000 Pennsylvania RR.—A group headed by the First Boston Corp. were on July 8 awarded a new issue of $7,995,000 2 34 % equipment trust certificates, series K, with a bid of 102.65 The certificates were reoffered to yield from and interest. 0.30% to 2.25%, according to maturity, $533,000 becoming July I, from July 1, 1941, to July 1, 1955. both dates, incl. Associated with the First Boston Corp. in the underwriting group were F. S. Moseley & Co., Kean, Taylor & Co., R. W. Pressprich & Co., Estabrook & Co. and Harris, Hall & Co. (Inc.). 5,435,000 Boston, Mass., bonds awarded to a syndicate managed by Halsey, Stuart & Co., Inc., New York, as 124s, at 100.049, a basis of about 1.742%. Due serially from 1941 to 1970, incl. Re-offered to yield from 0.30% to 2.50%, according to ma¬ turity. 5,000,000 Pennsylvania Turnpike Commission, Pa., 324% revenue bonds purchased from the Reconstruction Finance Corporation due each 2,700,000 Mobile & Ohio RR.—Salomon Bros. & Hutzler were awarded July 16, $2,700,000 234% equipment trust certificates on a bid of 100,099. There were no other bids. The certificates were reoffered at prices to yield from 0.50% to 2.65%, according to maturity. Dated Aug. 1,1940; due $180,000 on each Aug. 1, from Aug. 1, 1941 to Aug. 1, 1955, inclusive. Non-callable. 2,500,000 Chesapeake & Ohio Ry.—Blyth & Co., Inc., offered July 16, $2,500,000 1 24 % equipment trust certificates. The certificates were priced to yield from 0.25% to 1.75%, according to matur¬ ity. The issue was awarded to Blyth & Co., Inc., on a bid of 1,260,000 Denver & Rio Grande Western RR.—Blyth & Co., Inc., July 16 offered $1,260,000 2% equipment trust certificates, series F, at prices to yield from 0.50% to 2.35%, according to maturity. The certificates were awarded on a bid of 100.277. Dated Sept. 1, 1940 the bonds mature $126,000 annually, Sept. 1, 1941 to Sept. 1, 1950, incl. PUBLIC $50,000,000 Cleveland UTILITY FINANCING Electric Illuminating Co.—An issue of $50,- 1st mtge. bonds, 3% series due 1970, was offered July 18 by an underwriting group of 85 members headed by Dillon, Read & Co., and including The First Boston Corp.; Blyth & Co., Inc.; Harriman Ripley & Co., Inc.; Mellon Securities Corp.; Union Securities Corp.; Smith, Barney & Co.; Spencer Trask & Co.; Bonbright & Co., Inc.; Goldman, Sachs & Co.; W. C. Langley & Co.; Shields & Co.; Halsey, Stuart & Co., Ind.; Lazard Freres & Co.; Coffin & Burr, Inc.; Stone & Webster and Blodget, Inc. and Hayden, Miller & Co. The bonds were priced at 10534 and accrued interest. The issue 000,000 oversubscribed. 32,000,000 Indianapolis Power & Light Co.—A banking group headed by Lehman Brothers, Goldman, Sachs & Co. and The First Boston Corp. offered on July 11 $32,000,000 1st mtge. bonds. 3 34 % series due in 1970. The bonds were priced at 10434. 12,660,000 Iowa Southern Utilities Co. of Delaware—Company offered on July 17 two refunding issues of bonds totaling $12,660,000 through a group headed by W. C. Langley & Co. and Halsey, Stuart & Co., Inc., and including Bonbright & Co., Inc.; The First Boston Corp.; Glore, Forgan & Co.; Stone & Webster and Blodget, Inc.; A. C. Allyn & Co., Inc.; Hemphill, Noyes & Co.; Central Republic Co.; Bacon, Whipple & Co.; Edgar, Ricker & Co.; H. M. Payson & Co.; and Quail & Co. The issues consisted of $10,000,000 1st mortgage bonds, 4% series due May 1, 1970, and $2,660,000 general mortgage 4)4% sinking fund bonds, due May 1, 1950. Both issues priced at 101 have been oversubscribed. 5,750,000 Illinois Commercial Telephone Co.—Funds to meet the payment of its series A and series B 1st mtge. 5% bonds, called for redemption Aug. 1, were obtained by the company through the private sale of $5,750,000 1st mtge. 324% bonds dated June 1, 1940, and due June 1, 1970. The sale was arranged a price of 101. The called bonds were out¬ standing in same aggregate amount as the new issue. The sale last June 26 at the bonds was arranged through Paine, Webber & Co.; Bonbright & Co., Inc., and Mitchum, Tully & Co., as agents of for the company. issues is dated June 1, 1940, and matures June 1, 1970. Proceeds of the sale of these bonds will be applied to the repay¬ new company's $3,250,000 1st mtge. 5s, due April 1, 1961, which have been called for redemption at 104, as of Aug. 31, 1940, at office of City National Bank & Trust Co. of Chicago. 2,500,000 El Paso Natural Gas Co.—The company has sold privately to a group of five insurance companies an additional $2,500,000 334% 1st mtge. bonds, due in 1953 at 9834. 2,350,000 Arkansas-Missouri Power Corp.—A banking group headed by E. H. Rollins & Sons, Inc., and including Central Republic Co.; A. C. Allyn & Co., Inc.; Lee Higginson Corp.; LaurenceM. Maria & Co., and A. G. Becker & Co., Inc., offered July 18 ( $2,350,000 1st mtge. bonds, series A, 4%, at 102 % and accrued interest. June The bonds were dated June 1, 1940 and mature 1965. 1, 2,225,000 Huntington Water Corp.—The company has sold privately to an insurance company an issue of $2,225,000 1st mtge. 324% bonds dated July 1, 1940, and due July 1, 1965. Pro¬ ceeds will be used to refund the three outstanding bond issues aggregating $2,225,000 which have been called for payment Aug. 26. 2,000,000 United Electric Coal* Co's.—Frank F. Kolbe, President, announced July 16 that the company has negotiated a $2,000,000 5-year debenture loan at 3% with the Chase National Bank, Bank of the Manhattan Co., and Bank of New York, the loan to be repaid at the rate of 20 cents with a minimum yearly payment of a ton of coal $350,000. $750,000 of the sold, Approximately loan will be used for capital improvements and the balance will be used to repay the present 434 % bank loan. new 700,000 Commonwealth Water Co.—H. M. Payson & Co.; Bodell & Co.; Estabrook & Co.; Putnam & Co., and Stifel, Nicolaus & offered at 10234 per share 7,000 shares 1st pref. stock, 534 % series, cumulative (par $100). Purpose—Net proceeds estimated at $676,000 will be used to pay indebtedness of the company to its parent, American Water Works & Electric Co., Inc., as of June 30,1940, which indebted¬ ness as of that date is estimated at $419,095. The balance (approximately $256,905) will be used by the company for the completion or construction of improvements, additions and betterments to its plant and property. 500,000 El Paso Natural Gas Co.—The company has sold privately insurance companies an additional block of $500,000 334 % 1st mtge. bonds, due 1955 at 9834. 325,000 Jersey Shore (Pa.) Water Co.—The company has sold to a single savings institution an issue of $325,000 1st mtge. 434 % sinking fund bonds, Proceeds from the issue will be used to refund the present Bonds are dated June 1, 1940, and mature existing bonds. June 1. 1965. MUNICIPAL FINANCING ' $15,000,000 New York (State of) institutions building bonds awarded to a syndicate headed by the National City Bank of New York, as 134s, at a price of 100.041, a basis of about 1.49%. Due ... fr?^L941 t0 1965> incl- Re-offered to yield from 0.15% to 1.65%, according to maturity. 9,000,000 Port of New York Authority. N. Y., 3% fourth series general Bankers Trust bonds purchased byat account headed an price of 98.80, y the and refunding Co. of New York, a a basis of about 3.06%. Due Dec. 15, 1976. Re-offered for public investment at a dates. and accrued interest. Bros, of New York, as 2s and 224s, at 100.03, a net interest city of about 2.10%. Due annually from 1945 to incl. The bankers only re-offered the $3,421,000 2s, pricing them to yield from 1.40% to 2.20%, according to maturity. cost to the / 1954, 2,500,000 Mobile, Ala., 4% .tunnel revenue anticipation bonds publicly offered by B. J. Van Ingen & Co., Inc., New York, and associates, at a price of 105 and accrued interest. Project is being financed to the extent of 45% of the total cost by a Public Works Administration grant. Bonds mature May 1, 1969, although subject to call in advance of that date. County, Optional call price of 99.75 N. Y., 134% and 234% bonds taken by associates, at 100.011, a net 1.89%. Due serially from 1941 to 1955, incl. Re-offered to yield from 0.30% to 2%. according to interest rate and date of maturity. Lehman Bros, of New York and interest cost to the county of about 2,300,000 Chicago, 111., serial water works certificates of indebtedness* due April 1, 1960, purchased by Auchincloss, Parker & Redpath, and R. D. White & Co., both of New York, jointly, as 234s, at 100.126, a basis of about 2.248%. There was no reoffering of the securities. 2,000,000 Maine (State of) bonds awarded as follows: $1,000,000 high¬ way issue sold to Shields & Co. of New York, as associates, as 13ss, at 100.165, a basis of about 1.09%. Due from 1941 to 1950, incl. and re-offered to yield from 0.15% to 1.25%, according to maturity. An issue of $1,000,000' 'war" bonds for State defense purposes was taken by Halsey, Stuart & Co., Inc., New York, as 134s, at a price of 100.903, a basis of about 1.29%. Due from 1941 to 1960, incl., and callable beginning Feb. 1, 1946. Re-offered on a yield basis of from 0.20% to 1.50%. (State 2,000,000 Mississippi of) highway bonds awarded to Lazard Yprk and associates, as 3s, at 100.13, 2.99%. Due semi-annually from Aug. 1, Feb. 1, 1961. Re-offered to yield 2.90%. Co. Freres & a basis 1959 to of New of about 2,000,000 Cook County Forest Preserve District, 111., series S land acquisition bonds sold to a group headed by the First National Bank of Chicago, as 2 J4s, at a price of 101.55, a basis of about 2.11%. Due annually from 1945 to 1960, incl. 1,750,000 Hartford, Bank Conn., New of basis of about Re-offered to bonds purchased by the National City York and associates, as 1.20s, at 100.06, a 1.19%. Due serially from 1941 to 1955, incl. yield from 0.15% to 1.40%, according to ma¬ turity. 1,411,000 Newark, N. J., bonds purchased by the city sinking funds as 234s, at par. Due serially from 1941 to 1970, incl. City originally intended to offer the bonds at competitive sale. 1,300,000 Springfield, 111., 234% electric revenue refunding bonds purchased by John Nuveen & Co. of Chicago, at a price of 100.77. Due semi-annually from 1944 to 1952, incl. 1,173,000 Maryland (State of) serial certificates of indebtedness (general bonds of 1940) awarded to the First National Bank of New York and associates, as 134s, at 101.49, a basis of about 1.34%. Due from 1943 to 1955, incl. and re-offered to yield from 0.50% to 1.40%, according to maturity. 1,000,000 Hartford County Metropolitan District, Conn., East supply bonds sold to an account Sachs & Co. of New York, as 134s, at 100.779, a basis of about 1.70%. Due serially from 1941 to 1980 and re-offered from a yield of 0.15% to a price of 97.50 Branch additional water headed by Goldman, INDUSTRIAL AND 3,250,000 Southwestern Associated Telephone Co.—Company, on July 31, sold privately $3,250,000 3 M % 1st mtge. bonds at 102. Bonbright & Co., Inc.: Paine, Webber & Co., and Mitchum, Tully & Co. arranged the deal as agents of the company. The ment of 4,000,000 Cleveland, Ohio, bonds sold to a group headed by Lehman 2,350,000 Nassau 101.777. The certificates, which are non-callable, will be guaranteed unconditionally as to payment of par value and dividends by the Chesapeake & Ohio Ry. The certificates are to be dated Aug. 1,1940, and will mature $250,000 annually, Aug. 1, 1941 to Aug. 1, 1950, incl. was by B. J. Van Ingen & Co., Inc. and Blyth & Co., Inc., New York, and associates. Due Aug. 1, 1968. Optional call dates. Offered for general investment at par and accrued interest. MISCELLANEOUS FINANCING ,000,000 Texas Corp.—An underwriting group of 81 members headed by Dillon, Read & Co., and including Morgan Stanley & Co., Inc.; Kubn, Loeb & Co.; Lehman Brothers: Smith, Barney & Co.; the Mellon Securities Corp., and The First Boston Corp., offered July 10 $60,000,000 of 3% debentures due May 15, 1965, at 103 and accured interest. The issue has been over¬ subscribed. 22,000,000 (F. W.) Woolworth Co.-—It was announced July 19 that fch® company had sold privately to the Prudential Insurance Co of America an issue of $22,000,000 234 % sinking fund deben¬ tures due July 15, 1955. The debentures were sold at par and $3,056 accrued interest. Of the net proceeds $10,000,000 were used to pay the 10-year 3% sinking fund debentures due in 1947, $4,500,000 to pay a demand note dated May 31,1940, held by the Irving Trust Co., and the balance of $7,500,000 is to be used in financing the company's expansion program. The Irving Trust Co., New York, is trustee. 20,000,000 Bethlehem Steel Corp.—The corporation has sold $20,000,000 of 3 to 10 year serial notes, bearing interest at rates from 134% to 2.60% annually, to a group of 12 banks. The notes mature $2,500,000 on July 15,1943, and $2,500,000 on July 15 of each year thereafter to and including 1950. The transaction was negotiated through Kuhn, Loeb & Co. of the issue (for which no registration with the Proceeds Securities and Exchange Commission was required) will, it is understood, be used, together with other funds of the corpora¬ tion, to retire about one-half of the currently outstanding issue of $46,812,OOO^convertible 10,000,000 Scovill headed 15-year 334 % debentures, due 1952. Manufacturing Co.—Morgan Stanley & Co., Inc., an underwriting group which offered on July 10, $10,000,000 10-year 334% debentures. The debentures were priced at 102 to yield 3.017 % to maturity and 2.995 % to July 1, 1949, the first date at which they are callable at par. Associated with Morgan Stanley & Co., Inc., in the offering group were Clark, Dodge & Co., Charles W. Scranton & Co., Bidder, Peabody & Co., and Hornblower & Weeks. Distribution fa¬ cilities were augmented by more than 100 dealers in the selling group. The bonds were dated July 1, 1940, and, become due July 1, 1950. 3,700,000 Pennsylvania Glass Sand Corp.—Harriman Ripley & Co.; Smith, Barney & Co.; Merrill Lynch; E. A, Pierce &Oassatt, and Riter & Co. offered July 30, a new issue of $3,700,000 1st mtge. 334% sinking fund bonds, due June 1, I960. All of the bonds were reported sold during the morning. The offering price was 102 and accrued interest. Net proceeds from the sale of these bonds and of $800,000 serial notes sold directly to banks, are to be used to retire all the outstanding 1st mtge. 434 % sinking fund bonds of the corporation, the balance being added to working capital. 3,500,000 Kendall Co.—The company has placed privately $3,500,000 334% debentures running for 10 years with the Equitable Life Assurance Society of the U. S. .Massachusetts Mutual Life Insurance Co. and New England Mutual Life Insurance Co. The company maturing over has also obtained $1,725,000 bank loans, years with interest rate of 234 %» from First Proceeds of this financing will be existing issue of 4 34 % debentures. Old Colony five National Bank of Boston. used to refund an Trust Co. is trustee for the debenture issue. 2,250,000 Philco Corp.—First public offering of securities of the corpo¬ ration was made July 11 by an investment banking group headed by Smith, Barney & Co. The offering, consisting of 325,000 shares of common stock, (representing 150,000 shares offered for the account of the company and 175,000 shares fo the account of certain stockholders), was oversubscribed. The stock was priced at $15 per share. 2,250,000 American Airlines Co.—The company has arranged with a group of banks for a 5-year 2 H % equipment loan amounting to $2,250,000, it was announced July 14 by C. R. Smith, President. The loan represents 75% of the purchase price of 26 Douglas flagships to be delivered to the company this year and will be secured by a pledge of these planes. Principal of the loan and interest thereon will be repaid quarterly. The banks participating in the loan are the Chase National Bank, New York; Schroder Trust Co., New York; First Na¬ tional Bank, Boston; National Bank- of Detroit and Con¬ tinental Illinois National Bank & Trust Co., Chicago. 2,200,000 Square D Co.—F. Eberstadt & Co., Inc., announced July 18 the sale of 20,000 shares of 5% cumul. conv. pref. stock (par $100) in addition to 70,000 shares of the common (par $1) or the same company sold July 10. These shares were issued by the company last December to Paul Kollsman for acquisition of the business of the Kollsman Instrument Co., which has since become a division of Square D. The preferred stock was offered at $110 per share and accrued dividends, and the common stock at $33 per share, plus stock exchange com¬ mission. The preferred stock sold constitutes the entire amount outstanding and is the senior security of the company. 1,350,000 Copperweld Steel Co.—New capital financing for the com¬ pany took place July 18 with the offering of 75,000 shares of common stock through an underwriting group headed by Kiter & Co. The initial offering price, as determined after the close of the market July 17, was $18 per share. Other members or the underwriting group included: Hemphill, Noyes & Co.; Eastman, Dillon & Co.; Schwabacher & Co.; Singer, Deane & Scribner; Bear, Stearns & Co.; A. G. Becker & Co., Inc.; Graham, Parsons & Co.; McDonald-Coolidge & Co.; Laurence M. Marks & Co. and Schoellkopf, Hutton & Pomeroy, Inc. The issue has been oversubscribed. 1,040,000 Carpenter Paper Co., Omaha, Neb.—Kirkpatrick-Pettis Co.; Burns, Potter & Co., and the National Co. of Omaha, Neb., offered at 104 (in Nebraska only) the unsold or un¬ exchanged portion of 10,000 shares of 4H% cumul. pref. stock (par $100). In connection with the offer to sell the 10,000 shares of 4-H % shares of ex¬ changing said shares for the new stock on a share-for-share basis at par ($100). All shares of series A 6% preferred stock not exchanged are to called for redemption on Aug. 1, 1940, at par and accrued dividends, and all shares of 4>6 % cumul. pref. cumul. pref. stock, the holders of the outstanding 6,706 of series A 6% preferred stock were given the privilege stock not exchanged are to be sold at 104. 750,000 Church Schools in the Diocese of Virginia—Galleher & Co., Inc., and Miller & Patterson, Richmond, Va., offered $750,000 2H%, 3%, 3H% and 3%% 1st mtge. bonds (closed issue). Bonds are dated July 1,1940, and mature serially in the amount of $15,000 on Jan. 1 and July 1, 1941-1949, incl., $15,000 Jan. 1, 1950, and $465,000 July 1, 1950. 652,000 Knudsen Creamery Co. of. Calif.—G. Brashers & Co., Los Angeles, recently offered 65,000 preferred shares (no par) at $8.50 share. a 550,000 Peerless Bottlers, Inc.—An issue of 110,000 shares of capital stock (par $1 a share) was offered at $5 a share by F. S. Yantis & Co., Inc., and Dempsey, Detmer & Co., Chicago; Scott, Mclntyre & Co.; Cedar Rapids, Iowa; Crowell Weedon & Co.; Los Angeles, Calif., and Webber, Darch & Co., Chicago. 300,000 Taylorcraft Aviation Corp.—Public offering was made on July 17 at $10 per share of 30,000 shares of 50-cent cumulative convertible preferred stock, series A. Underwriters of the issue were Hoit, Rose & Troster, New York, and Mackubin, Legg & Co., Baltimore. The series A preferred stock is convertible into common stock of the company at ratios of three shares of common to one of preferred through Dec. 31, 1941, 2H shares thereafter through Dec. 31, 1943, and two shares thereafter. The new preferred stock is redeemable at $11 per share plus dividends accrued or in arrears. Aloe Co., St. Louis, Mo.—Company offered to the of the 30,000 outstanding shares of common stock the right to subscribe at $40 per share for 5,000 additional shares (one additional share for each six shares owned). This offer expired July 18. Such of the 5,000 shares as were not subscribed for by the stockholders were sold by the company for cash to Mark C. Steinberg & Co. of St. Louis, Mo., at $40 per share, without payment of any discount or 200,000 (A. S.) holders (par $20) commission. 175,000 Business Capital Corp.—Reichart, De Witt & Co., Inc.. New York, offered 25,000 shares of class A common stock (par $1) at $7 a share. 124,950 Hayes Industries, Inc., Jackson, Mich.—Van Grant & Co.. Detroit, and Brown, Sch(essman, Owen & Co., Denver, Colo., offered at $8.33 per share 30,597 shares of common stock ($1 par). Of the offering, 15,000 shares were issued in behalf of the company and 15,597 were sold for stockholders. 112,500 Red Bank Oil Co.—Allen & Co., New York, announced that they have placed privately 100,000 shares (no par) of the company's common stock. 100,000 Southwest Airmotive Co., Love Field, Dallas, Texas— Dallas, Rupe & Son announced the sale of 20,000 shares of capital stock (par $1) at $5 a share. The stock was sold within the State Texas. of Blaw-Knox Co.—Interim dividend of 12He. a share on the common stock, payable Aug. 31. This represents the first distribution to be made on these shares since Dec. 20. 1937; when a year-end dividend of 50c. was paid. Boston Metal Investors—Dividend on the common stock increased from 18c. a share to 25c. a share and became payable on July 25. Burdine's, Inc.—Dividend of 50c. a share on the common stock, payable A dividend of 10c. a share was paid on July 27,1939. July 29. Business Capital Corp.—Quarterly dividend of 12 He. a share was paid July 31 on the class A common stock. This compares with 10He. paid every quarter since October, 1938. Carborundum Co.—Dividend of $2 a share was paid on the common stock on June 29 and compares with $1.25 a share paid on March 30, last. Carthage Mills, Inc.—Dividend of $1 payable July 22. Last previous per share and DIVIDEND The following July list, IN JULY gives the more largely of were divided into a favorable two sections, important of the changes: FAVORABLE CHANGES Agnew-Surpass Shoe Stores, Ltd.—Extra dividend of 20 cents per share in addition to the regular semi-annual dividend of 40 cents per the common per share on stock, both payable Sept. 2. American Insurance Co. (Newark, N. J.)—Extra dividend of five cents share in addition to the regular semi-annual dividend of 25 on the common stock, both payable Oct. 1. cents per share American on Investment Co. of Illinois—Initial dividend of 25c. the $1 par common shares now outstanding, American Locomotive Co.—Dividend of $2 stock, payable Aug. 15. A distribution of $1 share share on the $7 preferred share was made on May 15 a a last. Anaconda Wire & Cable Co.—Dividend of 25c. the was common made Avondale on stock. Dec. 18, stock. previously a share of 10c. a share on the common stock» payable Aug. 7. A regular quarterly distribution of like amount was on July 15, last. )v, Citizens Utilities Co.—Dividend of 15c. payable Aug. 10. This compares with share paid paid July 12 a share 1937. of 12 a share was paid July 1 on the were paid on April 1, last, and dividends of four cents per share'were cents Dividends of 10 cents regular semi-annual distributed. Axelson Manufacturing Co.—Dividend on the common stock increased from 7Hc. a share to ltc. a share and become payable July 25. Babcock & Wilcox Co.—Dividend on the common stock increased from 20c. a share to 4Cc. a share, and was paid on July 31. „ Bendix Aviation Corp.—Dividend on the common stock increased from 50c. a share to 75c. a share, payable Sept. 3. Beverly Gas & Electric Co.—Dividend from 75c. a share to $1 a on a on the common stock' initial dividend of 10c. a share an Aug. 10, 1939. (D. L.) Clark Co.—Dividend on the no par 5c. a share to 20c. a share, payable Aug. 1. common stock inceased from Collins Co.—-Dividend on the common stock increased from $1 $2 a share and became payable on July 15. Cornell Dubilier Electric creased from 20c. a a on the common stock share and became payable on July Corp.—Dividend on the common stock share to 11c. a share and was paid on July 17. a Early & Daniel Co.—Extra dividend of 50c. and similar amount Fairchild on the Aviation common stock, payable Aug. 9. Aug. 10, 1939. a increased regular quarterly ol stock, both become payable on July Corp.—Dividend of 25c. in¬ 10. stock increased Condenser from 7c. share to Corp.—Dividend share to 35c. Crown Cork & Seal Co., Ltd.—Dividend on the common from 40c. a share to 50c. a share, payable Aug. 15. Dubilier a 15. share on the common paid on Dec. 21, and on per Dividends of 20c. was First Boston Corp.—Dividend of 50c. a share on the capital stock was paid on July 23, last, and compares with 40c. a share paid on July 25, 1939. Fostoria Pressed Steel Corp.—Dividend of 25c. a share on the common stock, payable July 15. This represents the first dividend paid since July 1, 1936, when 15c. a share was distributed. Freeport Sulphur Co.—Extra dividend of 50c. a share and a regular quar terly dividend of 25c. a share on the common stock, both payable Sept. 3 General Bottlers, Inc.—Extra dividend of 5c. a share and a regular dend of 10c. a share on the common stock, both payable Aug. 15. Glen Alden Coal Co.—Dividend on the no par common stock from 12He. a share to 25c. a divi increased share and was paid on July 20. Engineering Works—Dividend of 40c. a share on the $10 common stock. Previously, regular quarterly dividends of 15c. a Great Lakes par, share were distributed. Hawaiian Pineapple Co.—Extra dividend of 50c. a common stock, payable Aug. 30. share on the $5 par, Hayes Industries—Extra dividend of 7He. a share and a regular of 12He. a share were paid July 25 on the common stock. quarterly Hilton-Davis Chemical Co.—Dividend of 25c. per share on the common stock, payable July 31. Previously regular quarterly dividends of 20c. per share were distributed. Honolulu Rapid Transit Co., Ltd.—Dividend on increased from 15c. a share to 40c. a share and became Hooker Electrochemical stock payable Aug. on Feb. 29, last. 31. the common stock payable on June 29. Co.—Dividend of $2 a share on the common Dividends of $1.25 were paid on May 31 and Ingersoll-Rand Co.—Dividend on the no par common stock from $1 a share to $2 a share, payable Sept. 3. increased Libby, McNeill & Libby—Directors on July 16 declared a dividend of 50 cents per share on the new $7 par common shares payable Aug. 15 to holders of record July 31. This will be the first payment made on these shares, and the first common dividend paid since October, 1937, when $1.40 per share was paid on the old no par, common stock. Life Saver8 Corp.—Extra dividend of 40c. a share and a regular quarterly stock, both payable Sept. 3. dividend of 40c. on the $5 par, common $2.75 per share on thetommon This compares with $1.25 paid on Feb. 28, last. Louisville & Nashville RR.—Dividend of stock, payable Aug. 26. Lyon Metal Products, Inc.—Dividend on the common stock of 25c. a share became payable on July 1, last. A distribution of 50c. a share was made on Dec. 20, last, the first on this issue since February, 1938. Medusa Portland Cement Co.—Dividend of 5Gc. a share on the common the. common stock increased share and became payable on July 13. on Minerals, Inc.—Initial dividend of one cent a share on stock, payable July 25. the Michigan Sugar Co.—Dividend by 30c. a share on the 6% cumulative preferred stock, par $10, payable Aug. 12. A previous payment of 50c. a share was made on June 21, 1937. Missouri-Kansas Pipe Line Co.—Dividend of 10c. a share on the common stock and a dividend of one-half cent on the class B shares, both payable Aug. 15. These are the first cash payments made by the company. A stock dividend of 10% was paid in March, 1931. (H. A.) Montgomery Co.—Dividend of 10c. a share on the common stock payable July 24. This represents the first payment made on the common shares since Dec. 23, 1937, when 12Hc. a share was disbursed. National Food Products Corp.— Initial dividend of 20c. a share on class B stock, par $1, payable Aug. 15. National Standard Co.—Extra dividend of 37He. a share on stock, payable Aug. 15. * from New the the common Casualty Co.—Dividend on the common stock increased payable Oct. 1. 37He. a share to 40c. a share, England Fund—Dividend of 10c. per share on the common stock, This compares with 8c. paid on May 1, last. payable Aug. 1. stock, payable dividend paid since Oct. 1, 1937, when Nu-Enamel Corp.—Dividend of 5c. a share on the common Aug. 10. This will be the first 15c. a share was distributed. stock, payable Previously, quarterly dividends of 50c. a share were distributed. Ontario Steel Products Co., Ltd.—Interim dividend of 75c. a share on the common stock, payable Aug. 15. Dividends of 60c. a share were paid on Aug. 15, 1939 and one of 50c. a share on Aug. 15, 1938. Otis Elevator Co.—Dividend of 25c. a share on the common stock, payable Sept. 20. This compares with 20c. a share paid on June 20, last. Petrolite Corp., Ltd. (Del.)—Dividend of 60c. a share on the common stock, payable Aug. 1. This compares with 30c. a share paid on May 1 Okonite Co.—Dividend of $1.50 a share on the common Aug. 1. was The last previous payment totaling $1.25 Mills—Dividend common Dec. 17, 1937. made New Amsterdam a payable Sept. 2, 1940. American Paper Goods Co.—Dividends on the common stock increased from 5Cc. a share to 6Cc. a share, payable Aug. 1. on share on the common stock dividend also amounted to $ per common Chilton Co.—Special dividend common "Favorable Changes" and "Unfavorable Changes," namely, on stock, payable July 1. CHANGES Dividend declarations in distributed was (A. M.) Castle Co.—Extra dividend of 25c. a share in addition to the regular quarterly dividend of like amount on the common stock, both payable Aug. 10. i Michigan nature. 13 MONTHLY REVIEW August, 1940] and Feb. 1, last. (G. E.) Prentice Mfg. Co.—Extra dividend of $1 a share and a regular quarterly of 50c. a share on the $5 par, common stock, were paid July 15. Puget Sound Pulp & Timber Co.—Dividend of $1 a share on the common stock, payable Sept. 3. Distribution of 75c. a share was made on June 1, last. Randall Co.—Dividend of $1 per share on the class B stock, no par value, payable Aug. 1. This compares with 25c. paid on Feb. 1, last; $1 on July 15, 1938 and a dividend of 75c. paid on June 30, 1936. 14 MONTHLY REVIEW Rayonier, Inc.—Dividend of SI a share was paid July 25 on the $2 cum. pref. stock. Distributions of 50c. a share were made on May 27, March 11 and COURSE Dec. 20, 1939. on $10, payable Aug. 15. share on Skelly Oil Co.—Dividend share to 50c. Southeast common on the common stock increased from 25c. share, payable Aug. 28. a Co.—Initial dividends Telephone and initial semi-annual of 75c. an preferred stock of a share on the the 6% convertible on payable Aug. 1. share a A distribution of 12 He. last. the on paid was common April 30, on , St. Lawrence Flour Mills—Extra dividend of 50c. quarterly dividend of 25c. Aug. 1. share a the on a common share and a regular stock, both payable Stouffer Corp.—Extra dividend of $1 per share in addition to the regular quarterly dividend of 62He. per share on the common stock, both payable July 30. Teck Hughes Gold Mines, Ltd.—Extra dividend of 5c. a share and a regular quarterly dividend of 10c. a share on the common stock, both payable Oct. 1. / United Grain Growers, Ltd.—Dividend of $125 a share on the capital stock, par $25, payable Aug. 1. This represents the first dividend paid since 1936, when 75c. a share was distributed. United Specialties Co.—Dividend of 50c. a share the common stock on ayable Aug. 20. This will .be the first paid since Dec. 24, 1937, when a share was disbursed. 5c. Walworth Co.—Dividend of 60c. a share on the 6% preferred stock of $10 par, payable Aug. 15. After payment of the above dividend which will be the first paid on the preferred stock, arrearages will amount to 90c.a share. Waukesha Motor Co.—Extra dividend of 15c. common stock on July 31. a share was paid on the Wesson Oil & Snowdrift Co.—Dividend on the common stock increased from 12He. a share to 50c. a share, payable Aug. 31. The last previous payment was made on July 1, 1939. Westchester Fire Insurance Co.—Extra dividend of 10c. a share and a regular quarterly dividend of 30c. a share on the $10 par, common stock, payable Aug. 1. Westinghouse Electric & Mfg. Co.—Dividend on the $50 par common stock increased from 87Hc. a share to $1 a share, payable Aug. 30. Winters & Crompton Corp.—Dividend on the common stock increased from 10c. a share to 15c. a share, payable Aug. 15. W JR, The Goodwill Station—Dividend of 50c. a share on the $5 par, common stock, payable July 30. Previously regular quarterly dividends of 40c. share were distributed. a Wolverine Natural Gas Corp.—Dividend on the common stock increased from two cents a share to 7He a share, payable July 15. Woodall Industries, Inc.—Dividend on the common stock v increased from 10c. share to 20c. a a share, and became July 30. <L. A.) Young Spring & Wire Corp.—Dividend rasumed on the common stock by the declaration of 50c. a share, payable Aug. 29. The last pre¬ vious payment was 75c. a share and was made on Oct. 1, 1937. Youngstown Steel Door Co.—Dividend stock, payable Sept. 16. June 15, 1939. UNFAVORABLE American common Feb. on Beau on the common 15 and CHANGES Corp.—Dividend share to 25c. Insurance stock, payable Aug. 1, last. a 1. the on common stock share, payable Aug. 10. Co.—Dividend of 25c. A dividend of 75c. a share share a the on paid was Brummel Ties, Inc.—Dividend of 10c. a share was paid July 25 On March 1, last, a distribution of 15c. the $1 par common stock. was made. on a a Reserve share a . Addressograph-Multigraph reduced from 35c. of 50c. This compares with 25c. paid on Sept. share Canadian Fairbanks Morse Co., Ltd.—Dividend of 50c. a share on the common stock, payable Aug. 15. A distribution of 75c. was paid on May 15, last. Conduits National Co., Ltd.—Dividend of 15c. a share stock, payable Aug. 8. This compares with 25c. paid on the common on Feb. 1, last. their meeting on July 17 took no action on payment of the dividend ordinarily due at this time on the $3 convertible preferred stock. Regular quarterly dividend of 75c. was paid on June Equity Corp.—Directors 1, at last. General 30c. a Shoe Corp.—Dividend share to 20c. a on share and the was common stock decreased from payable July 31. Granby*Consolidated Mining, Smelting & Power Co.—Dividend the common stock decreased from 25c. share to a 15c. Sept. 3. Great Lakes Dredge & Dock Co.—Dividend of 25c. mon stock, payable Aug. 15. Distributions of 50c. in the two preceding quarters. Hussman-Ligonier Co.—Dividend on a share a a 1939 the were com¬ made the common stock decreased from Said on the common stock on July 12 ividends of 60c. per share previously Mines, Ltd.—Dividend payable Sept. 4. on share 25c. a share to 15c. a share, payable Aug. 1. Insurance Co. of the State of Penn.—Dividend of 40c. Ken Lake on share, payable per share was and compares with semi-annual distributed. of 5c. A distribution of 10c. a a share on share the was common paid on stock, Oct. 20, • Mayfair Investment Co., Los Angeles, Calif.—Dividend of 50c. a share on the common stock, payable Aug. 1. Previously regular quarterly dividends of 75c. a share were disributed. Montreal Loan & Mortgage common Co.—Dividend of 31 He. a share on the Previously regular quarterly dividends stock, payable Sept. 16. a share were distributed. of 50c. Norwalk Tire & Rubber Co.—Action on the dividend ordinarily due at this time on the 7% preferred stock deferred until September. Regular quarterly dividends of 87 He. a share were distributed up to and including July 1, last. . Pennsylvania Salt Mfg. Co.—Dividend on the $50 par, common stock decreased from $3.25 a share to $1.75 a share, payable Sept. 14. Peoria & Bureau Valley RR.—Dividend of $3.25 per share on the com¬ mon stock, payable Aug. 10. Previously semi-annual dividends of $3.50 per share were distributed. Philadelphia Insulated the Wire Co.—Dividend common were stock, payable Aug. 15. previously distributed. Privateer Mines, Ltd.—Dividend common 10 and stock, payable Aug. Feb. 10, last. on 10. of 10 cents per share on Semi-annual dividends of 15 cents of three cents a share on the no par This compares with 5c. paid on May Quaker State Oil Refining Co.—Dividend par, common stock. and March of This compares with 25c. 15, last. 15c. a a share on the $10 15 share paid on June Royal Dutch Co.—N. M. Rothschild & Sons announced that this company further dividend distribution on the common shares with respect to 1939. At annual meeting to be held at Curacoa, Netherlands West Indies, on July 30, shareholders will be asked to con¬ firm interim common dividend of 5% paid last January as final dividend* has decided to make no for the year. Company distributed 17% for 1938. Silex Co.—Dividend of 15 cents per share on the common stock, payable Aug. 10. Extra dividend of 5c. in addition to regular quarterly dividend of 30c. was paid on May 10, last. United Paper board Co.—Dividend on the 6% non-cumulative preferred stock decreased from $3 a share to $2 a share and became payable on July 11, last. MARKET DURING JULY defense program in this country was farther ad¬ vanced, and Germany and England came grips, security trading wasted away to a more mere actively to shell of its former self. paid July 1, last. were Southington Hardware Co.—Dividend of 25c. stock, until the a 30c. share a STOCK the match of the dulness visited upon the market in July. With foreign participation in security dealings here greatly curtailed and domestic investors taking to the sidelines the common stock, par The last previous payment totaled 30c. a share. a THE Exchange has known many a dull trading day in recent years, but not for 22 years had it seen Royal Typewriter Co., Inc.—Dividend on the common stock increased from SI a share to $2 a share and became payable on July 15. Savage Arms Corp.—Dividend on the common stock increased from 25c. a snare to 50c. a share, payable Aug. 19. Scotten Dillon Co.—Dividend of 40c. OF The New York Stock The lethargic attitude of investors and speculators affected equal degree. The active state of busi¬ ness and the improvement in corporate earnings were re¬ straints against any large-scale unloading of stocks. The uncertainties surrounding domestic and foreign affairs in¬ stilled caution into the stock-buying public. The result was that for most of July stock price movements were confined to an uncommonly narrow range and turnover was so small as to be all but unexampled for a generation. Only on the next to last day of the month was there any significant de¬ parture from the apathy and indecision which afflicted the market. A buying movement then developed which lifted prices by 2.21 points on the average and trading volume ex¬ panded to its best level of the month. This expansion in dealings raised the turnover to the month's peak at 673,620 shares. In July, for the first month in a score of years, there was not one trading session in which at least 1,000,000 shares changed hands. Transactions for the entire month amounted to 7,304,820 shares, the most meager volume in 22 years, or since August, 1918. On one full five-hour trading day-—July 24—sales totaled only 195,300 shares, a new low since September, 1918. For all July, turnover was at a new low since July, 1913. The month's volume compared with 15,574,625 shares in June, 38,964,712 shares in May and 18,067,920 shares in July, 1939. stocks and bonds in In the bond department of the New York Stock Exchange the harvest of business was equally low. Transactions came $98,120,000 par value, a new low for any month since February, 1918. Dealings in U. S. Treasury bonds amounted to only $2,131,000, a new low since trading was inaugurated in Liberty Loan issues in 1917. On Mondav, July 22, only $18,000 of Treasury bonds were dealt in on the New York Stock Exchange, the lowest level on record for any full trading day, it goes without saying. Such interest as there was in bonds during July was centered on the market for new issues, where a quickened rate of activity was noted. In the stock market, according to the index of 50 issues compiled by the New York "Times," prices moved up 2.49 points as against a rise of 3.61 points in June and a slump of 22.00 points in May. As previously noted, 2.21 points of the month's advance were recorded on July 30. The stock groups which fared best were the glass, chemical, building, motor, electrical equipment, motor accessory and merchan¬ dising issues. Those which made out poorest were the amusement, sugar, tobacco and packing stocks. The gains of 11 points in Chrysler and U.S. Gypsum, 9 points in Owens- to Illinois and 6% points in Westinghouse were outstanding. The sustaining force behind the market was the compara¬ tively high level of industrial production. And behind in¬ dustry there was being generated the powerful force of the defense program. President Roosevelt on July 10 requested additional appropriations of $4,848,000,000 for defense pur¬ poses, which, added to the $1,182,000,000 defense appropria¬ tion sought by Mr. Roosevelt on May 16 and that of $1,277,000,000 on May 31, would raise to a total of approximately $10,000,000,000 the amount of defense funds sought by the Executive for the fiscal year 1940, as compared with $1,840,000,000 for military and naval expenditures included in the President's budget of last January. The delay by the Gov¬ ernment in settling on a rate at which manufacturers would, in computing taxes, be permitted to write off new plant and equipment built to fill war orders made for slowness in press¬ ing forward with the defense program. Still, industry in various lines was beginning to feel the stimulating influence defense plan, either because of actual placement of orders or forward buying by private interests before of the plant capacity was pre-empted by the Government. Notably in the steel industry was activity at a high level. In the last week of July the steel output was at 90.4% of capacity, the best figure since last Dec. 11. In announcing on July 26 the second quarter's results of Bethlehem Steel, Eugene G. Grace, President, said that commercial orders for steel were coming in at the rate of 130% of capacity and that unfilled orders were at a new 000. peacetime record of $480,000,- General Electric and Westinghouse reported that their unfilled orders also were at the highest levels ever reached in time of peace. Residential building and heavy construc¬ tion awards rose to the best levels of the year. While auto¬ mobile assemblies declined rapidly toward the month-end as the of retooling of plants for the 1941 models began, retail sales new passenger cars were considerably so new-car stocks. well maintained as to reduce Moreover, corporate earnings were appreciably higher. The National City Bank compila¬ tion showed that combined net profits of 400 industrial cor¬ porations in the first half of 1940 amounted to $649,000,000, as compared with $409,000,000 in the corresponding period of 1939, a gain of 59%. The New York bond market in July from the price stand¬ point made a better showing than did stock prices. U. S. Government issues scored relatively small, rail bonds ground during the month and closed Entry of some of the Italian issues into the default status proved disheartening to the foreign bond list. Service was maintained on certain Norwegian .and Danish issues, largely, it seemed, because funds had been accumulated here before the German invasion. As to the fluctuations in individual stocks, Allied Chem¬ ical & Dye rose from 144% July 11 to 151% July 31, the close on the same day being slightly lower at 150. American Tel. & Tel. opened at 160% July 1, fell back to 158% July 10, and recovered to 103 at the close on July 31. Consolidated Edison Co. of N. Y. opened at 28% July 1, slipped to £778 July 25, arid closed the month moderately improved at 28%. General Electric opened at 31% July 1, eased slightly to -30% on July 3, recovered to 34% on July 31, and ended the month fractionally lower at 33%. United States Steel ■opened July 1 at 52, dipped to 49% July 25, then advanced to 55% on July 31, declining at the close to 53%. Steel preferred opened at 115% on July 1, lost a fraction at 115% on July 2, and closed the month on July 31 with improve¬ ment at 118%. Westingliouse Elec. & Mfg. opened July 1 at 90%, fell back to 89% on July 3, then shot ahead to 98% on July 31, and ended the month a fraction of a point lower at 98%. In the railroad list, Atchison Topeka & Santa Fe opened July 1 at 16, declined the same day to 15, off 2.62 new record low up with the month July 17 at 16%, and closed Baltimore & Ohio's initial sale advance July an 31 at 15%. Juiy 1 was at 3%; it moved off July 5 to 3%, and then picked up fractionally to 4 at 3%, its low point of 011 the July 13, and closed on July 31 month. Chesapeake & Ohio 37 July 1, broke to 36% the same day, then spurted to 39% July 31, to close with a modest loss of ground July 31 at 38%. Delaware & Hudson touched its lowest point July 25 at 10% after opening the month on July 1 at 11%; its peak of the month was reached on July 16 at 12% ; it finished the month fractionally improved from its opening level at 11%. New York Central reached its top figure July 31 at 12%, and its low point of the month July 25 at 11%, closing July 31 a trifle off at 12%. Southern Pacific opened July 1 at 8%, with some ground opened at gained July 17 at 9, only to later react on July 25 to finish the month 011 July 31 under its opening level at 8%. Northern Pacific, after opening at 6% on July 1, declined to 5% on July 3, to later rise to 6% on July 30, and close fractionally off July 31 at 6%. Union 8% 011 and Pacific advanced 78 July from 1 to 83% July 31, the close being without change. In the following table rent month we indicate the of 10 each of the more range for the cur¬ active foreign, railroad and industrial bonds: 4,952,945 $ S $ $ 36,916,000 34,542,000 28,971,000 257,000 17,285,000 141,000 Foreign government... Foreign corporate 5,189,381 2,740,674 1,763,550 Domestic 631,000 906,000 429,000 360,000 420,000 508,000 1^855,000 July 1 Opening Range Foreign Governments— Argentine 4s._ Feb. 1972 58H During July, 1940 July 31 Closing Price Lowest Highest 5434 July 1034 July 76J4 July 54 53 34 July 30 34 July German 5X& stamped-____.1965 19 X 1534 July Italy 7s.. 44 Price 60 Brazil 6X& of 1926 1957 10 H Canada gold 4s I960 77 X Cuba 1977 4^8 Denmark 6s .1942 July 1234 July 5834 1134 82 July 8034 54 34 July 5334 3434 July 1934 July 1634 1951 July 5834 July 47 SIX 78 ?* July 88 X July 37,533,000 35,593,000 30,385,000 26 26 3734 July July 634 July 7 July 25,925,812 22,215,637 28,432,562 70,964,277 . $ S S $ (par value)— 273,969,000 197,222,000 4,173,000 4,307,000 269,439,000 2,812,000 3,429,000 3,732,000 6,837,000 197,810,000 Domestic 275,680,000 205,127,000 289,115,000 192,096.000 Foreign government... Foreign corporate 1,407,000 Total bond sales THE MONEY 8,309,000 MARKET DURING JULY Although gold from abroad continued to reach the country in large amounts, ing to excess member bank reserves, after climb¬ peak of $6,880,000,000 July 17, during the two a new following weeks declined $370,000,000, due mostly to the temporary shifting of funds from the market to the Reserve banks because of cash payments for the Treasury's new bond issue. While the immenent payment agency issue may cause position, reserve for Government a new further contraction of the excess a reversal in this trend is anticipated as market, and further a these loan funds will flow back into the arrivals of signs of expansion in the demand for bank/credit were discernible during the ments for Increasing large gold shipments are recorded. an month, attributable in part to require¬ financing the defense program, and reflected, in addition to the Treasury's new lending operation, in a steady although slow rise of commercial borrowings. financing included the issuance on Government July 11 of $671,320,000 of 2%% 1954-56 Treasury bonds, and on July 24 an offering on behalf of the Commodity Credit Corporation of $250,000,000 24% notes due May, 1943, both of which issues met with a replace maturities issues of $100,000,000 each were made, to in the four weeks Gold imports during the amount. same bill In addition, the usual five weekly favorable reception. July 24, according to the Department of Commerce, reached a total of $462,000,000, of which sum $260,200,000 ended came England, $155,100,000 from Canada, $7,000,000 $6,600,000 from Portugal and $5,800,000 from from South Africa, from Gold Yugoslavia. account rose earmark for foreign under held another $60,000,000 to a total of $1,765,000,000, and the gold stock of the country increased nearly 000 to a new peak of close to $20,500,000,000. $500,000,Discount holdings of the 12 Reserve banks increased from $2,261,000 June 26 to $3,672,000 July 31. Total member bank reserves from $13,722,819,000 June 26 $13,863,019,000 to July 17, but receded to $13,498,134,000 July 31. Reflecting the* continued abundance of surplus funds, money rates re¬ mained at the previous extremely low figures, and in some instances sought lower levels, as in the case of average yields on three to five-year Treasury notes which receded from 0.64% June 29 to 0.58% July 30, while those on longer-term bonds eased from 2.30% to 2.28%, and on 91-day Treasury bills from 0.046% to 0.004%. Call money on the Stock Exchange was again quoted at 1%. CALL LOAN RATES ON THE NEW Low 634 July Railroads—■ Chic Milw St P & P 5s 1975 4?* Chic & North Western 4 £*8..1949 Delaware & Hudson 4s .1943 50 Erie 5s series 1930. 10 X 2 1975 434 July IX July 4834 July 1034 July 53* 234 5334 1234 July 1... High 1 1 1 July July 18-. 1 1 1 19.. 1 1 1 July 20.. 2... 1 1 1 2 July 3... 1 1 1 July 4... July 5 2 July July 11 493* 17 12 10334 July 5434 July 31 Renewal 17.. July July High July 5 17 Low 1 1 1 YORK STOCK EXCHANGE Renexcal Holiday Saturday Sunday July 21.. July 22.. 1 1 1 July 23.. 1 1 1 1 July 24.. 1 1 1 1 1 1 New York Central 4^8 N Y Chicago & St L 4 Ha 101M 49 ^ 2013 101 July 48,34 July 19 1978 52X 5134 July 57 July 17 Northern Pacific 6s series B. .2047 56 M 9 X 5534 July 834 July 613* July 17 St Louis'San Francisco 4^8.1978 52 X _____1956 52 July 1034 July 13 57 17 July 10334 533* 56 603* 93* 563* Industrials— Amer & Foreign Power 5s...2030 48^ 48 July 5034 July 10 Bethlehem Steel 3^s. 1952 107 X 10534 July 108 July 30 Columbia Gas & Elec 5s 1961 lOiH 104 10534 July 13 3^8.1958 12034 120 124 July 17 81 Interboro Rapid Transit 5s.. 1966 79 3* Internat Tel & Tel Es_ 1955 29 Manhattan Ry 4s. 1990 July July 7934 July 2734 July 85 1073* 1043* 1223* July 12 3034 July 18 30 July 8634 July 12 86 Portland General Elec 4 J^s.. 1960 72"" 6834 July 7234 July 9 Third Ave Ry adj 5s 16 X 1634 July 10334 July 2034 July 10434 July 22 10434 ....I960 Youngstown Sheet & Tube 4s *48 49 3 81 7034 193* 1033* July 6... Saturday July 7... Sunday July July 8.-. 1 9 1 1 1 July 25.. 1 1 1 July July 10--_ 1 1 1 July 26-- 1 1 1 11... 1 1 1 July 27-- Saturday Juiy 12... 1 1 Juiy 28.. Sunday July Great Northern 4s series G..1946 Commonwealth Edison Bond sales 3734 1960 Southern Ry 4s. Jan. 1 to July 31— No. of shares Stock sales 85 1965 Peru 6s 58 x 1954 6^8 Norway 4 34s Total bond sales rose Bonds Japanese Stock sales—No. of shares Bond sales (par value)— 1937 1938 1939 1940 points at 38.82. followed 011 Month of July grade rails extended appreciably their June rally. The one discordant note in the bond market was struck by foreign bonds, which EXCHANGE VOLUME OF BUSINESS ON THE CURB and many cor¬ porate issues relatively large, gains. High-grade .ascended to their best level of the year and second settled to 15 monthly review August, 1940] 13... 29.. 1 1 July 30.. 1 1 1 July 31.. 1 1 1 July Saturday Sunday July 14... July 15... 1 1 1 July 16... 1 1 1 1 Commercial investment paper purposes, continued to be actively sought for with available dealer offerings re¬ maining closely restricted. As heretofore, the prevailing rate for average grade prime four to six-month commercial ranged from Yi to 1%, although transactions in especially choice paper continued to be consummated at paper VOLUME OF BUSINESS ON THE STOCK EXCHANGE !, Month of July Stock sales—No. of shares Bond sales 1940 7,304,820 (par value)— 5 1939 18,067,920 $ 1938 38,773,575 $ 152,580,000 124,028,000 Foreign government 13,309,000 13,672,000 5,137,000 18,167,000 7,518,000 24,844,000 2,131,000 98,120,000 119,431,000 178,265,000 160,504,000 134,271,635 126,832,005 155,938,758 249,593,212 11,632,000 Jan. 1 to July SI— Bond sales x t (par value)"— Railroad & mlscell Foreign government... United States Govt S S 779,137,000 762,751,000 135,616,000 142,127,000 27,791,000 51,148,000 $ $ 821,454,000 1,369,445,000 140,023,000 216,671,000 85,415,000 278,741,000 I Total bond sales 942.544.000 July 13 July 20 July 27 1®1 1@1 1@1 1@1 1 1 1 1 IX IX IX IX IX Sixty days Ninety days 100,622,000 Stock sales—No. of shares July 6 IX IX IX IX Four months IX IX IX IX IX IX IX IX IX IX IX IX X@1 x@l x@l x@l x@l X®1 $ 82,680,000 Total bond sales Week Ended- 20,722,285 Railroad & mlscell United States Govt RATES FOR MONEY AT NEW YORK 1937 Exchange: Range for week (mixed & Indus, coll.) Week's average (mixed & Indus, coll.) Time loans (mixed & Indus, collateral): Call loans on Stock Thirty days Five months - Six months IX IX Commercial paper: Double and single names: Prime 4 to 6 months 956,026,000 1,046,892,000 1,864.857,000 IX Good 4 to 6 months — .... v9@l MONTHLY REVIEW 16 %%. Under date of July 15, the Federal Reserve Bank of New York announced that returns received from commercial paper dealers showed a total of $224,100,000 of open market commercial paper outstanding at the end of June, compared with $234,200,000 on May 31 and $180,700,000 at the end of June, 1939. Time loan rates on security collateral continued to be quoted nominally at 134% for 90-day loans and 13^% for loans running 180 days. With security trading proceeding at extremely low levels, virtually no new loan contracts were entered into, and transactions were again confined to the renewal of older accommodations. DAILY RECORD OF TIME LOAN RATES Rates on Mixed Collateral 30 1 2— 3... 4 5 July July July July July July 12987365240 July 4 Months 90 Days 60 Days 5 Months 6 Months IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX Holl day 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 Dqys IX IX IX Satur day 7... Sun day 8— 9 10 11... 12... 13... 14... 15... 16— 17— 18— 19— 20... 21... 22... 23... 24— 25— 26— 27... 28 29... 30... 31... IX IX IX IX IX IX IX IX IX IX IX IX iX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX Satur day Sun day IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX Satur day IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX 1 IX IX IX IX IX IX IX IX IX IX Satur day Sun day IX IX IX IX IX IX IX IX IX of all member banks decreased $224,685,000 to a total of $13,498,134,000 in the period under review. The reduction in surplus reserves of all member banks was even more sub¬ stantial, as it pulled the total down by $290,000,000 to a total of $6,510,000,000, the lowest point touched by excess reserves since the end of May, A further influence of very considerable importance on the supply of bank reserves was contributed by non-member deposits and other Federal Reserve accounts. Foreign cen¬ tral banks increased their funds on deposit with the Federal Reserve banks by $128,692,000 to a new record high at $787,371,000. At the same time other deposits increased $114,094,000 to a total of $594,991,000, with the result that the item non-member deposits and other Federal Reserve ac¬ counts rose $239,000,000, calling for a reduction of like amount in bank decline in bank reserves. A third factor which caused reserves was a the increase of $103,000,000 in circulation in the five-week period to a total of $7,883,000,000. On July 3, reflecting the holiday demand, currency circulation established an all time record high at $7,924,000,000. Member banks, finally, lost $27,000,000 of reserves through the decline of that amount in Federal Re¬ serve credit and lost $63,000,000 of reserves through the increase in Treasury cash. On the other side of the ledger, the banks found the rise in the gold stock the chief source of supply of additional re¬ serves. In the five weeks to July 31 the gold stock of this country increased $591,000,000 to another new high record at $20,462,000,000. Deposits of gold certificates with the Re¬ serve banks by the Treasury totaled $535,501,000, the differ¬ ence between the latter total and the increase in the gold stock accounting for substantially all of the $63,000,000 rise in Treasury cash to a total of $2,249,000,000. The banks gained $12,000,000 in reserves through the rise of that amount in Treasury currency to a total of $3,024,000,000. They gained $1,411,000 in reserves as a result of the rise in bills discounted by the Reserve banks from $2,261,000 on June 26 to $3,672,000 on July 31. Behind the $27,000,000 decrease in Federal Reserve credit in use lay the only positive action of credit control which the system took during the month. Of this $27,000,000 total, $25,380,000 was accounted for by the reduction in the Government security holdings of the Federal Reserve banks. As Government securities were inclined to firmness through¬ out the five weeks here considered, the Federal Reserve banks took steps in two different weeks to enlarge the floating supply of certain Government issues in an effort to moderate the rise in prices. They disposed of $21,987,000 of Treasury bonds and $3,393,000 of Treasury notes with this end in view, cutting their investment in Treasury bonds down to $1,321,196,000 and in Treasury notes down to $1,126,732,000 on July 31. Looking at the member bank side of the banking picture, one finds that in the five weeks from June 26 to July 31 total currency Sun day IX IX IX other, to build up the loans and investments of the weekly reporting banks to the highest levels ever reached. The payment into the Treasury's account with the Federal Reserve banks of the amounts due on the subscriptions to the new bond issue, which was allotted to the public in the amount of $630,719,850, was primarily responsible for the $393,473,000 increase in the Treasury's balance which took place in the five weeks from June 26 to July 31. After these receipts, the Treasury's deposit balance in the regional banks was enlarged to a total of $694,083,000. The inroads which these payments made into member bank reserves sub¬ stantially more than offset the additions to reserves resulting from the continued heavy inflow of gold, and actual reserves IX IX Trading in bankers' acceptances remained lifeless, in view coming into the open market. Outstanding acceptances, according to the monthly survey of the Acceptance Analysis Bureau of the Federal Reserve Bank of New York, issued July 11, totaled $206,149,000 June 29, as against $213,685,000 May 31 and $244,530,000 June 30, 1939. Import bills increased from $78,489,000 May 31 to $79,284,000 June 29, but export bills decreased from $47,315,000 to $43,292,000, domestic warehouse credits from $33,302,000 to $27,872,000; and bills based on goods stored in or shipped between foreign countries from $34,315,000 to $34,019,000. Bills held by accepting banks aggregated $166,242,000, namely, $112,028,000 of own bills and $54,214,000 of bills of others. Rates for bankers' ac¬ ceptances continued to be quoted at 3^% bid and 7-16% asked for 30-day, 60-day and 90-day bills, at 9-16% bid and asked for 120-day bills, and at %% bid and 9-16% asked for bills running 150 and 180 days. The New York Federal Reserve Bank in its "Monthly Review" discussed of the neglible amount of bills conditions in the market for bankers' acceptances as follows: "Inactivity continued to characterize the discount market for bankers' bills during July, dealers, rates continuing to be quoted at levels previously in effect. Reflecting decreases in export bills and domestic warehouse credits, the amount of bankers' acceptances outstanding declined $8,000,000 further during June to a new low of $206,000,000." PRIME BANKERS' ACCEPTANCES Call Loans loans and investments of the reporting banks in New York City increased $212,000,000 to a new record high of $9,489,'000,000. Loans were responsible for $35,000,000 of this 1 Xaht hid7 lt hidht hid7 u 9ndhi hidht increase and investments for $177,000,000 of it. In the 2 Ma7 hid71« hid7 a hidht htdhi hid9it 3 matter of loans, the New York City institutions experienced Xaht hidht hid7 ie hidht htdhi hidht 4 Holiday a net increase of $10,000,000 to a total of $1,698,000,000 in 5 Xaht hid7 it hid7n hidht htdhi hiaht their commercial, industrial and agricultural loans. 6 Their Saturday 7 Sunday open market paper, on the other hand, decreased $13,000,000 8 Xa71, hid71« hidht hidht htdhi hidht to $86,000,000. 9 The largest increase in investments came Xaht hid7 it hid7 hidht hia9i» htdhi Via7 ie hid7 it in Treasury bonds, which were up $97,000,000 to a total of hid7 it hidht htdhi hia'it ha71« hid7 hid9it hid7 htdhi hidht $2,618,000,000, largely in response to subscriptions to the Xa7it hid7it hid7n hidht htdhi hidht new 2}4% bonds.. Saturday Treasury bill holdings of these banks de¬ Sunday clined $25,000,000, but Treasury notes were up $38,000,000, Xaht hid7 it hid9 ie hid7 htdhi hidht Government guaranteed issues were unchanged at $1,289,Xa7n hidhi hi "ie hid7n hid7 it hid7it hiaht hid7 htdhi hid'it 000,000 and other securities rose $67,000,000 to $1,353,Xa7 it hid7 hid7 hidht 9itdhi hia9it 000,000. Demand deposits —adjusted increased $132,000,000 Xd7it hid7n hidht hid7 ie hidht htdhi Saturday net to a total of $9,753,000,000. Sunday The weekly reporting banks in 101 cities, in the five weeks 22.... hid7 ie hia7it hid7it hidht htdhi hia'it hia71« hid7 hid7 hia9it from June 19 to July 24, showed an increase of $351,000,000 htdhi hidBit hid71« Xaht ®x tdhi hia7 hid9it in their loans and investments to a new high at $23,947,25.... hid7 x« hia7it Hfl'u hiaht ®i«a^ hid9 ie hid9 ig hidht hia91« hidht htdhi hidht 000,000, with loans up $70,000,000 and investments up $281,Saturday 000,000. Commercial, industrial and agricultural loans in¬ Sunday 29.... creased $75,000,000 to the $4,462,000,000 mark. hid7 it hid7ti hidht hid7 u htdhi Reflecting 30 hid7 it hia7u hidht hia7it htdhi hiaht subscriptions to the new Treasury issue, direct Government 31.... hid7 ie hid7n hiaht hid91« htdhi hia9it bond holdings of the banks in 101 cities increased $182,000.RETURNS OF THE FEDERAL RESERVE BANKS000 to a total of $6,565,000,000, while their Treasury bills BROKERS' LOANS IN NEW YORK CITY were up $9,000,000 at $794,000,000, their Treasury notes were $35,000,000 higher at $2,093,000,000, their Govern' Developments in the banking position in July hinged inent guaranteed issues were up $19,000,000 at $2,410,000,chiefly on the sale for cash by the Treasury of a new issue of 000 and their other securities increased $36,000,000 to a total 2M% bonds on July 11. The cash realized by the Treasury of $3,562,000,000. Demand deposits—adjusted were $390,July on Secured by 30 Days 60 Days 90 Days 180 Days 150 Days 120 Days Accept'ces Bid & Ask Bid <fe Ask Bid & Ask Bid & Ask Bid, & Ask Bid A Ask ia ig it a it t a it it it n it this offering served, on the one hand, to check the expansion in excess reserves of member banks and, rapid on the 000,000 higher at declined $20,984,000,000, but Government deposits $52,000,000 to $530,000,000. MONTHLY BEV1EW August, 1940] New York City bank loans reporting brokers and to dealers—the so-called brokers' loans—rose $26,000,000 from June 26 to a figure of $302,000,000 on July 31. Street loans, as compiled by the New York Stock Exchange, increased $10,431,038 in July to a total of $342,284,543 as against $553,767,240 on July 31, 1939. During June Street loans were reduced by $77,055,595. their record low of $276,000,000 on COURSE during July was in many The foreign exchange situation and June. The outstanding difference was the firm establishment of London official exchange rates brought about on July 18 by the cooperation of the British and United States Treas¬ ury officials in setting up machinery for doing business through "registered accounts" of American banks with their London correspondent institutions. It was agreed that the Bank of England should buy sterling at $4.02% from such registered accounts and sell to the same accounts at $4.03%. In keeping with the new regulations the New York banks under the guidance of the New York Foreign Exchange respects unchanged from the course seen in May British goods must be paid for in sterling bought at the official rates. Thus it became necessary for banks with registered ster¬ ling to trade on the basis of $4.02 buying and $4.04 selling, which included %e. commission charged by the New York Committee banks agreed for On that for contracts new services. their Committee July 18 the New York Foreign Exchange "As agents for and for account of the Bank of England the Federal Reserve Bank of New York will until further notice deal in spot made public the following statement: regis¬ tered accounts in sterling, buying from them at $4.02% and selling to them at $4.03%. Sterling thus dealt in must be passed through the registered accounts of such banks. For the present the Federal Reserve Bank of New York sterling with in New banks City York which have requests New York City banks having registered accounts in sterling to deal these at same with rates banks other having registered accounts in sterling." The new within short a eradicated. free the the of largely drying confidently was free sterling daily average With it market believed that be entirely would However, throughout the month the volume of official and the and time the effect had arrangements the free market, up totaled combined far than volume of business a few months earlier. tightening of exchange, free market fluctuations greatly reduced, neither declining far as experienced at other times. were nor $3.96 compared with $3.18% June 4, and on a July 15, on during range June July 12, This low a June 27. $3.00 of May 10 compared with the all-time low of $2.85% recorded in December, 1932. on During July exchange was not quoted in either London or New York on France, Germany, Czechoslovakia, Poland, Denmark, Norway, Holland, or Belgium. However, in New York there was an occasional the German gold mark at around lira 5.05. at German nominal quotation for 40.05, and for the Italian registered marks were nominally quoted 11.40 to 12.20. Throughout the month the following official rates prevailed in London: New York, 4.02%4.03%; Canada, 4.43-4.47 (90.09c.-90.91c.) ; Australia, 3.2150-3.22S0; New Zealand, 3.2280-3.2442. New York banks had in conference discuss to medium London. These Treasury States trade Treasury policies with a official sterling regulations new the of British the United and monetary implementing the of with "registered sterling" regulations fully became accounts effective on July 18. Secretary of the Treasury, said of these erick ample notice from London of the July 19, after the close on conferences, that he had been assured by Sir Fred¬ Philips that Great Britain would "return to liberal monetary and trade policies as soon as possible after hostili¬ ties had ceased." According to of the field of Joint statement issued at the conclusion a conferences 19, July on of operations, invaded in the talks covered wide a including the question of frozen assets European joint The nations. statement was, part, as follows: "The controls of the two governments as they affect their respective nationals in Great tion. Britain United the invaded of assets over and States countries were held given atten¬ The British Undersecretary was able to assure Secre¬ Morgenthau that while Great Britain is now obliged tary by the exigencies of to resort to exchange control and war other temporary measures affecting international transac¬ tions, his Government plans to return to liberal monetary and trade policies as soon as possible after hostilities cease. Such temporary measures include the arrangement between the financial centers of London and New York inaugurated July on which help 18 for a registered of system tend should toward sterling accounts stabilizing the sterling rate and the American market. Prospective British the United States were considered in detail protect purchases in and their two countries effects balance the on during the of 12 next payments between the months carefully were examined." The tripartite currency agreement ceased to exist with the fall of France in June, but in the joint statement of the United States and British officials, issued on July 19, the principle of freedom of trade and of exchange laid down in the tripartite monetary agreement of 1936 was practically Sir Frederick Philips said in comment to the "We will stick to the policy of the tripartite agree¬ ment, but naturally we cannot be as liberal as you are in reaffirmed. press: owing to peace, our war effort." July 22 the New York Foreign Exchange Committee by London that the Bank of England would advised not raise any question for the-next 14 days (Aug. 5) regard¬ to free sterling accounts. The New York ing payments committee had "Believe It also in May of $3.00 to $3.50% range The low of on to representatives for through the as of 29%c. between on view was range high of $4.01 a with the sterling for cable transfers. a here officials On advancing The low for free sterling in July was $3.6G1/4 and the high was compares less mid-July arrived The British group was headed by Sir Frederick Philips, British Undersecretary of the Treasury. Mr. Morgenthau, DURING JULY EXCHANGE OF STERLING In 17 commence without After cabled London: should we list have items of date a still in from transit knowledge what remittances determination thereto should be of the accepted date which we banks as are already credited. are remittances for credit should here sent 'without prior question'." The following answer was received: "You may rest assured that all effects remitted to the United Kingdom dated prior to July 18 will be settled with¬ out question. land will not Also for the next 14 days the Bank of Eng¬ raise queries about any payments to free accounts unless there is Bank of a strong element of doubt." England note circulation on July 31 was £609,540,000, which compared with £520,569,938 a year earlier. In commenting on the foreign exchange situation during July the Federal Reserve Bank of New York said in its far-reaching changes which occurred in the New York for¬ eign exchange market and became firmly fixed after "Monthly Review" for July 1; July unofficial New IS. British regulations announced June on 7 provided for the drastic curtailment of the supply of free market sterling by the prohibition of security sales in the United Kingdom by non-residents of the sterling-franc area and by granting of dollars and Swiss francs at the official rate for current financial and commercial payments, includ¬ ing interest and dividends to the United States and Switz¬ Furthermore, the new regulations indicated that offerings of free market sterling would be reduced by the extension of bilateral payment agreements- and the establishment of sterling clearing accounts in countries outside the special sterling and allied (other than the United States and Switzerland). At the same time the demand for unofficial sterling areas reduced the provision that all exports to the United States must be paid for in sterling obtained at was official The London measures by rate or in dollars. on subsequent days in early July by various other regulations adopted in the United Kingdom and Empire countries designed to tighten British control over foreign exchange. The progress these graphic regulations was communications marked by between a the long series of tele¬ New York Foreign Exchange Committee, the London branches of New York banks, and the Bank of England. On July 8 the New York Foreign Exchange Committee received advices from Lon¬ don which pay virtually eliminated the use of free sterling to for exports from the United Kingdom. At the same time London ures what remained sterling was of the New York market for eliminated during the past month as the result of additional British exchange restrictions, which w:ere announced on July 15 and took effect on July IS. Further limitations were placed on the purposes for which existing free-market sterling balances could be used, and steps were taken to restrict future accumulations of such sterling for American account. might warned of the be taken at any possibility that further time to restrict still the limited market for free sterling. sterling meas¬ further accounts to facilitate A number moderate Provision also was by United States banks of "registered" with British authorized banks, in order transactions of banks in applied for for such of sterling for British authorities Reserve Bank of New York, and sterling at the official amounts directly from the the account of, were rates. acquiring this or which is the1 Bank accounts, purpqse either from the Federal acting of $4.02% and selling at $4.03%. of supplemented were June and of of made for the opening erland. the "Much as agent for England, buying at American commercial banks reported to have dealt in official sterling on the basis buying and selling rates of $4.02 and $4.04, respectively transfers. The volume of trading through regis¬ tered accounts has thus far been small, however, since a large proportion of trade between the United States and for cable the sterling area appears to be invoiced in dollars "Preliminary rumors of the new British exchange ures the began first to half affect of the free market July, and, largely tinued uncertainty as to the future sterling, as for the meas¬ sterling during result of con¬ availability of unofficial the rate fluctuated erratically between $3.65% (July 12) and $3.95 (July 15). Following the introduction new restrictions on July 18, the turnover in the free market was reduced drastically. Some trading nevertheless continued, since American banks may continue to buy unof¬ ficial sterling from other United States accounts of the and to MONTHLY EEYIEW 18 sell jt either to United States accounts or to certain foreign still be used for some pur¬ poses, including the settlement of certain outstanding com¬ mitments. During the remainder of July the rate moved irregularly within a range of $3.73%—$3.92, and was quoted at the end of the month at about $3.82. ferred, "Apparently as the result of increased tourist demand, the Canadian dollar advanced considerably during July, its mercial capable whatsoever countries, as such sterling may narrowing in terms of the United States dollar from 17% on July 1 to 11%% on July 19. By the end of discount the the discount had widened somewhat. demand for Swiss however, month, There indications of some further were or vested is of pledged, encumbered, being trans¬ the like, outside the realm of Europe" in The Netherlands Government. sold, or The term "claims" includes credits and capital and loans corporations, regardless of whether they are evidenced of bonds, certificates, stock by other securities or com¬ or which was as Exempt from this transfer of ownership, of May 24, are claims that on May 15 were the of paper. property subjects Netherlands citizens of or of not at war with The Netherlands. nations Swedish exchange was very lightly dealt in during July. The krona, francs during July, and the rate for the Swiss franc, which had been quoted at about $0.2265 at the beginning of the month, subsequently rose to about $0.2275. The currencies of the invaded countries on the Continent, whose holdings free currency, was generally a quoted around Par of the krona is 45.3740c. 23.90c. the "blocked" are Details of this in remained market, unquoted." July in of New York follows in the "Monthly Re¬ during July were outlined as franc, remaining free currency the other on Continent, was generally quoted in July around 22.70c Italian lire were consistently quoted at 5.05c. during highly nominal market. a Exchange on the Latin American countries was generally gold movement at the Port the Swiss The although the Argentine free peso showed July, in steady view" of the Federal Reserve Bank of New York for Aug. 1: wide "Imports of gold into the United States during July were considerably smaller than in June, but with that exception, Latin largest since April, 1939. Gold held under earmark for foreign account at the Federal Reserve banks increased about $60,600,000 for the month, serious disturbance of total of about $1,765,000,000 at the end of July. The increase in the gold stock of the United States during strength since June 10, when the peso was quoted at six to one dollar. In the following days the unit rose to 5.05 to appear reaching been the have a approximately $500,000,000, the the past month amounted to largest gain, with the exception of June, since April, 1939. "As reported by the Department of Commerce, a total of $418,200,000 of gold controls, exchange the of units American countries have their export trade as peso local to the foreign suffered consequence a war. Mexican these all in appears attributed be must as European The pesos steadiness Whatever fluctuations. per dollar. 19.8c. per peso. has displaying been considerable At this rate it would be equivalent to Toward the end of July Mexico City was quoted in New York at 20,50c. per peso, selling rate. 17.30c. per peso nominally quoted a This into the United States during the week ended June 26, of which $241,600,000 came from France, $101,400,000 from the United Kingdom, and $66,800,000 from Canada. In the following four weeks ended July 24 imports totaled $462,000,000. Of this amount compared with $260,200,000 huge defense preparations undertaken by the United States imported was Kingdom, $155,100,000 $6,600,000 from Portugal, $5,800,000 from Yugoslavia, $5,300,000 from Aus¬ tralia, $4,400,000 from Brazil, $3,200,000 from Sweden, $2,100,000 from Colombia, $2,100,000 from Hongkong, $2,000,000 from Spain, $1,900,000 from the Philippines, and $900,000 from Mexico." came United from the from Canada, $7,000,000 from South Africa, CONTINENTAL The to strength in Mexican currency since mid-June have been Nothing of Berlin. of This occupied countries France. Even currencies European the in is are both under true occupied Europe, financial the domi¬ regarding the only free said be cannot the unoccupied and Swedish and Swiss units, Continental concern¬ The now especially of and be reported can currencies. of these countries arrangements nance reliable character a Continental the to be seem had French francs Grenoble decided on detach to not are quoted. A French dispatch from July 13 stated that the Petain Government has the French franc ling and peg it to the United from States the dollar. pound ster¬ French The largely to have frightened the owners of certain changed their time drafts to money capital, who which might be subject to decrees should the United States become involved the in The war. Bank for the of The 21.35 Mexico republic. a the rate new exchange control authority Bank of Mexico has not the parity for the or but awaits peso, of international events. unofficial July on is Thus far or 1, free market rate 21.85@22.00 and milreis were quoted at July 31. Exchange 5.03@5.15 Buenos Aires on 31. July on was Brazilian July 1, and at 5.00@5.15 on on features of were the Far Eastern countries presented on importance during July. in general no new The Far Eastern units under the influence of the London official exchange control. the entirely free from German influence. seems by the importation of capital into Mexico which had been kept in the United States. The the result ing caused decided to fix OTHER FOREIGN EXCHANGE AND year earlier. yen the rate of The Japanese yen was an exception, as linked to the United States dollar at continued 23.45c. per yen. The London price for silver was 21 ll/16d. on July 1, and 22%d. on July 31. The Hongkong dollar was 23.48@23.60 on July 1, and 23.45@23.52 on July 31. The Shanghai dollar was 5.97%@6.20 on July 1, and 5.99%@6.15 on July 31. franc, sterling and the United States dollar had been allied Yen checks by the tripartite agreement of October, 1936. July 31. of France, in June, this arrangement came With the fall to an were 23.43@23.50 on July 1, and 23.43@23.50 end. 00 The tripartite agreement did not mean that the currencies were ironed *23 > ^ cS by the operations of the stabilization and OS eg* cn equalization funds. The new French-Nazi move is taken to "tfiN <N CO © <N CO mean a unilateral XS 53 £3$ pegged to each other, but that abnormal fluctuations were out on pegging. o c Before the armistice the franc was quoted here at On June 22 the Germans established a co co eo eo « It- t*. CO CO CO CO co eo co' eo' co o ©©(NCC* 00 t-CO eo co (0 co' co' co' eo' xs 0] > 03 2.18c. special rate of 20 francs to the on July 13 would the © reichsmark. French franc be The rate suggested from bears Vichy cn o the equivalent of 2.309c. no such XS <sj a However, value. o3 Holland guilders are not quoted in New York. The Neth¬ financial affairs seem to have come largely under the dominance of the German authorities. erlands On July 2 the New York Bankers Foreign Exchange Com¬ received cable advices from Amsterdam mittee that banks in Holland to 2^ residents are now N. t> f. allowed to make payments g CO t>. J2j co co co O co co H of The Netherlands, but that so far as non¬ concerned, guilder payments can only be made subject to permission of the Amsterdam Devizen Institute. residents In either no overdrafts Reserve Bank are O eo" eo' co' M p co <y < aS Q § 00 co' eo co co 5 & a 01 01 gave the Minister, Dr. authority to operate all accounts and domiciled to all gold deposited, in in claims so the of far co oo 00 00 00 Tjc r-l Nh-NNt»N CO "5 IO CO NH »-i 00 b- OS 00 oocyeses 03 0000000000 £ 3^' "3 <3 00 CO 00 001-; t>. 00 00 l> 00 l> 00 b. co'eo'co eo'co"eo eo r>. c*. co" co' co' co' CO* co' co' co' other in £ Kingdom of The Netherlands, as these persons CN © OS Nt. lO ^ CD r-l ,-1 00 00 00 00l>. © 00 00 00© © ■333 "3•§ co co co claims as are in any form N" i-<\ r-<\ CO CO ^ lO COOJrH oot^oo oooooo oooooo co" eo' co co eo eo co XNOOOOOON t~lOCO >00 00 00 00 00 eo* co" eo" eo co' co" oooooo eo co & the for delivery of ooeoeo oooooo a a e NJNJ'S' i-H cS3'3c3{§t3 •BOSS'S <q S cocooo r>- co ,H i-l t»© eo' eo* eo' co CO CO i IO rH (N Tjc COrHrH 001>; 00 00 00 00 r>; oo oo co" co' CO* CO co" co* co' co* co' co" r-t Tjc I© © 00 n.oo t>. © N; eo' co" eo OOOOOO eo' co co' i i i i i i i i i ■ i i i i i i ■ i i i i i i • i i i i i i i i i i iii co' i i i i i i i i i i i i i i i i i • co co i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i iii ■ • i i i i i i ■ i i i i i i ii ii i i i i i ■ i ■ i aforesaid <n as cs oo H\H\KV »s Loudon, assets t>; t>. cococo co »o co co co as i^t>.© t>t> O) 00 a s co' co' eo' Alexander 0"^<N co coco {§c§c§c§<§<§ <§<§C§C§(§C§ oo© NUJOOSON (M 1-H co' co' co' CO co' co' $ i4\ "frozen" with belonging to The Netherlands Government. Under The Netherlands Government decree, issued in Lon¬ don in this connection, title to claims "against persons, partnerships, companies, corporations, firms, institutions, and public bodies, which claims belong to natural or legal well eocoeoeoeoco 000000 States persons TfC IC i-c ^ OS OS r- co co co coco CO i—I ^ of New (located in London) in connection Netherlands credits in the United States. power co ^ cot>- cococo allowed. ment as co co co 00 f- co co os case York, at the request of the Treasury, made public on July 3 an exchange of notes between the State Department and the Minister of The Netherlands in Washington relative to the power of attorney given to The Netherlands Minister or his Govern¬ United ,> CO CO CO CO are The Federal This 00x3 o ^^Sd^(NH«MONNNHoaiN<0<itl indicating i i i i i i i i i i i i i i i i i iiii »HC<ieoi<iq<ot>»oo©©'-HNco''*ioeot^oo©©>—lesjeo'iC'qcONoo©©!-! HHHHHHHHHHNNNNNNNNNNMM For daily rates of foreign exchanges usually given here see page 112. New York Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF BOND PRICES DURING JULY 1940 Jan. 1 to July 31 July $119,431,000 956,026,000 $98,120,000 942,544,000 July___ Stock Sales 1939 1940 Bond Sales 1940 Shares_ Jan. 1 to July 31 1939 7,304,820 134,271,635 18,067,920 126,832,005 month's range unless they are the only transactions of the month, and when selling footnote in the month in which they occur. No account is taken of such sales in computing the NOTICES—Cash and deferred delivery sales are disregarded in the outside of the regular monthly range are shown in a range for the year. The tables on pages 19 to 40 furnish a complete record of the transactions on the New York Stock Exchange during 1940, and the range for 1940. They need no extended introduction, as they are self-explanatory. The tables embrace every security dealt in on the Exchange. We give bonds first, using the classification adopted in the official list. The italic letters in the column headed "Interest Period" indicate in each case the month when the bonds mature. July . adopted by the New York Stock Exchange in 1909, all quotations for interest-paying bonds are at a price to which accrued interest must be added. The exceptions to the rule are income bonds and bonds on which interest is in default. This method of quoting bonds became effective Jan. 2,1909. Quotations after decimal point repre¬ sent one or more 32ds of a point. In accordance with the rule Sales in PRICES IN JULY Price BONDS July i'c N. Y. STOCK EXCHANGE Value Jan. 2, 1940 Bid $ Ask July 1 Bid Ask Bid Ask RANGE SINCE JAN. Lowest July 31 Sale Prices 1 Lowest Highest Sale Prices Sale Prices Highest Sale Prices U S GOVERMENT BONDS 1947-1952 52.000 Treasury 434s 119.31 Sale 119.19 Sale 119.24 Sale 119.19 113.19 Sale 113.20 Sale 113.19 119.22 119.29 Sale 95,000 Registered 36,000 Treasury 4s 5,000 Registered 21,000 Treasury 3^8 Registered 38]666 Treasury 3*8 112 July July 120 113.28 July July 25 113.22 July 9 114.11 July 13 July 11 July 3 July 25 July 16 117.2 117 10 121.6 June 10 121.4 June 114.28 Sale 113.22 114.25 Sale — 1946-1956 M 114.22 114.28 114.4 114.8 114.7 114.11 114.4 103.5 102.15 Sale 102.11 111.18 111.21 June 10 115.6 111.16 114.8 ..1944-1954 June 10 115.9 Jan. 30 114.8 May 29 115.3 Apr. 8 Apr. Apr. Apr. Apr. 8 Jan. 30 4 3 104.21 Sale 103.1 109.20 110 M 5 108.17 Sale 108.6 105.13 Sale 103.29 Sale 103.15 Sale 103.12 108.12 Sale 108.11 109.7 July 25 103.2 July 2 102.11 July 25 104.24 Jan. 5 July 25 108.20 July 17 107.16 May 31 109.30 Jan. 4 109.11 1041-1943 Apr. 4 26 103.29 July 1 103.12 July 10 109.21 26 105.17 Mar. July Jan. 4 July 108.19 107.12 June 10 110.1 June 10 109.30 1 107.30 Registered 5i~666 Treasury 3He 1943-1947 — 108.10 108.5 Registered. 1671666 93I660 Treasury 3*8 Registered. Treasury 3Ha 1941 - A 1943-1945 A O 109.27 Sale 108.18 Sale 1944-1946 A O 110.12 Sale 109.17 Sale 111.10 111.13 111.3 108.8 1,000 Registered 22,000 Treasury 3*8 2,000 Registered.. 24,000 Treasury 3^8 —- 111.8 July July 3 12 July July 19 6 Sale 109.6 July 109.12 111.4 Sale 111.4 July 111.11 July 111.10 111.25 July 112.4 111729 112*2 107.11 4 Jan. 11 Apr. 6 107.29 June 10 110.21 June 10 110.14 108.23 June Jan. 3 112.13 16 111.29 Apr. 111.8 109.14 May 24 113.10 Apr. Mar. 29 4 Mar. 23 1946-1948 iI67l8 Sale" 116723 Sa'le" 110*17 1x6720 110.21 July July 11 10876" June 11172*2" Ap"r."*2 110.17 Jan. 116712 Sa'le" II67i2 no7i5 110.17 Jan. 25 II67lO Sale" 110.3 July 110.16 July 17 107.20 June 111.30 Apr. 8 110.9 JuJy 110.9 111.1 Mar. 23 104.20 May 109.16 Apr. 3 Mar. 23 108.16 July July 16 17 18 12 22 3 May July July July July July July July July July 108 108 9 107.15 July 3 - 112.4 S 107.30 Sale 107.18 Sale S 109.5 108.26 Sale 107.28 Sale 107.8 108723 108727 108.20 107.15 107.20 Sale 3 ill 107.25 104.28 6 108.22 Registered 62,000 Treasury 2*s Registered 108.16 108.10 108.14 108.8 107712 Sale 107712 Sale" 107712 107716 — ..1951-1954 106721 1956-1959 Treasury 2*8 Registered Treasury 2 A4 a Registered Treasury 2*8 Treasury 2*s 108.12 108.7 108.8 Sale 106717 106.21 106722 106725 107 106 ho" 109 108.22 July July "9 168728 Jul'y"l7 June 108.16 June 109.26 Apr. 2 106.20 June 109.12 Mar. 8 105.24 May 109.19 Apr. l047l*6" May 108730 Apr." 4 Mar. 107.24 Mar. 8 103.24 May 108.12 Apr. 3 107.14 Sale —. 106.20 107.24 .... — 107.28 Mar. 18 108 Apr. 1 1958-1963 10672*0 Sale 106720 Sale" 106714 106717 106"" July "9 168720 July"! 103.13 103.14 June 106.20 July "5 1687272 Jul'y "12 June 13 *10671*3 106718 Sale" 106714 106717 10672" 104.25 1960-1965 103.15 June 108.1 107.29 108.28 i6§7l"l July 15 108715* Jul'y "17 107.29 10872*3 10874" 108710 10879" Apr. —1945 - May May 106.18 June 109.13 Apr. Apr. Apr. 107726 Sa'le July July 31 107.26 23 105.23 Registered Registered 10771*8 107*24 107730 "i~,66o Treasury 2 *s 1948 130,000 Treasury 2*8 1949-1953 Registered ibelooo Treasury 2 *s 1950-1952 188,000 Treasury 2H[s...............1951-1953 198,000 Treasury 2 Ms .1954-1956 59,000 Treasury 2s 1947 18,000 Treasury 2s.................1948-1950 2,000 July 11173*1 Registered... "elooo 109.17 lll727 112*4 Treasury 3s.... 1681666 108.8 July Jan. ......1949-1952 Treasury 3s .1951-1955 1,000 Registered 161,000 Treasury 2Jis...............1955-1960 M 8,000 Registered... 21,000 Treasury 2*s._. 1945-1947 M 5,000 Registered 6,000 Treasury 254s... 1948-1951 29I660 July 109.7 111.8 99I660 961666 Sale July 2 July 25 109.6 1946-1949 ........ 5,000 Registered 6,000 Treasury 3*8 Registered 17I666 F 108.15 107.26 July July 31 166713 2 2 4 5 108.2 105.17 Sale 105.14 105.16 105.9 105717 Sale" 105718 105~.22 105715 105720 105710" Jul'y" 102.31 Sale 103.22 Sale 9 3 16872*5 Jul'y "§ May 24 108.31 May 28 107.2 Mar." 16 103.2 Apr. 4 103.3 105.13 Sale June 105.23 Jan. 5 103.4 May May July 107.3 19 103.22 23 102.20 103 103.6 104.31 104.28 105 103.25 103.29 103.17 Sale 104.22 103.9 July 25 105 23 103.29 103.17 102.20 Sale 104718 104~.23 104727 July July July July 12 103.17 July 8 107.22 104 July July 25 107.21 15 104.4 106.30 July 23 107.10 102.2 ............... 3. 102.28 June 105.30 101.13 June 104.24 Apr. 12 101.14 May 104.8 Mar. 15 July 8 July 2 July 22 105.22 June 105.20 May 24 108.21 May 15 105.15 May 23 105.2 Jan. 9 103.9 103.12 103.4 8 Jan. 24 105.4 4 107.17 Registered.... 103.7 Apr. 3 Apr. 3 July 31 Apr. 3 July July July July July 1 31 101.7 102.2 104.23 102.20 2 Federal Farm Mortgage Corp— 5,000 24,000 3*s 8s 1944-1949 108.8 Sale 107.22 107.26 107.16 107.20 107.22 107.18 107.22 107.10 107.14 107.9 35,000 38 1942-1947 105.7 105.12 104.6 2 Ms 1942-1947 105.2 105.8 103.20 104.2 108.11 108.16 .1944-1964 104.10 104.2 104.6 103.27 103.31 Home Owners Mortgage Corp— 43,000 71666 63,000 1944-1952 8s Series A 1942-1944 —1945-1947 2 Ms Series l G Ms series M NEW 107.24 108 107.9 10471*7 M N Registered " 107.13 106.31 Sale 103722 Sale 104.22 101.15 101.24 101.19 3 Apr. Apr. 6 8 Apr. Feb. 23 107.17 June 4 104.25 Feb. 23 103.1 Mar. 7 101.22 July May 31 108.12 103724 Juiy"*8 103717 103720 10372"l~ July" 101.24 101.28 101.19 Sale July 103.16 8 108.24 100.5 June Apr. 5 9 July 13 4 102.12 YORK CITY Transit Unification Issue— 3,209,000 3% corporate stock, 1980 J 95 D Sale 96* Sale 94* July 25 96* July 12 88* May 21 97* May 20* July July 19 1 21 20* July July 19 1 20 21 40 8 FOREIGN GOVT & MUNICIPALS 1,000 5,000 261655 Agricultural Mtge Bk (Colombia)— iGtd sink fund 6«... ....1947 F A iGtd sink fund 6s.. 1948 A O Akerahua (Kingd of Norway) 41.1968 MS iAntloqula (Dep tof) Ool 7s A.. 1945 J J 11,000 iExternal s f 7s series B......1945 12,000 iExternal s 17s series C......1945 26,000 iExternal s f 7s series D......1945 12,000 a7s 1st series. —.....1957 17,000 its 2d series.......—...—1957 65,000 its 3d series 1957 23,000 Antwerp (City( extl loan 5s 1958 Argentine Nation (Govt of)— 242,000 8 f external 4*s —...1948 195,000 Sinking fund external 4*s—1971 8 f external eonv loan 4s.Feb 1972 342,000 184,000 8 f external conv loan 4s.. Apr 1972 For footnotes see page 30. J J 27* 30 14 14 14 14 13 94 17 18 17 17 J A J O A O A O D Sale 66* 69 MN M N 94H Sale J 13 13 * 20 * 21 27 15) 16! F A 88 Sale 80 H Sale A O 79* 81* 31 Sale 20* 20* 40 10* 10* 10* 10* 9* 9* 9* 24* 78* 66* 58* 58* 11 11 11 11 10 10 10 25* Sale Sale Sale Sale II* 31 22 40 Sale 21 U* Sale 21* 10* July 10 July 10 July 10* July 9* July 9* July 9* July 21 July 10 13 15 2 10 3 2 11 July July July July July 11 July 11* July 25 July 74* Sale 64* Sale 58* Sale 59 Sale 70* 62* 54* 55* 16 15 15 15 79 11* Sale 13* 11* Sale 10 13* 11 11 Sale July July July July 11* 11* 10* 11* 10* July 1 66* July 1 60 July 22 60* July 23 June 7 28* Feb. 16 July 1 29 Apr. 10 May 23 7* May 22 t* May 24 7* May 24 7* May 31 7* June 17 7* May 28 18* May 29 70* 61* 54* 55* 66 Feb. 15 Mar. 13 15* Feb. 15 Feb. Feb, Feb. Feb. Feb. Feb. 15 15 Apr. 16 4 15 14 14 1 July 16 96* Mar. 6 June 12 July 15 July 15 95 Mar. 87* Mar. 87* Mar. 7 7 7 N. Y. STOCK 20 Sales in N. Y. STOCK % Jan. 2, 1940 foreign govt 112,000 77,000 183,000 12.000 16,000 24,000 18,000 21,000 6,000 4,000 182,000 245,000 163,000 119,000 50,000 43,000 13,000 23,000 Australia of 5s External g 4%s of 1928 (Free State) ext 6%s.. Belgium 25-yr external 6%s Bavaria External s f 6s External s f 7s -- 37 9% 8 12% Sale Sale 19 Sale Sale 9% 16% 45% 32 11 9% 17% 70 47 40 91 Sale 40 44 50 13% 15 15 16% 15% 12% 10% 10% 10% Sale 41% 13% 120% Sale 10 11 14% Sale Sale 11% 30% 44% 11% Sale 13 Sale 10 12 Sale 75 90 Sale 35 40 35 54 40 28 57 35 52 D D 87 7 Sale 42 71 42 38% 44% 8 9 6 63 J 57% 56% 56% 56% 38% J 968 MN ^ - t 11% 11% 957 A 984 J 960 A O 952 MN 15 945 F A 75 55 106% 96% — J 93 J 96% 88% J 954 J 950 M S 960 J J 960 23,000 19,000 a6s assented ---66,000 AExternal s f gold 6s 7,000 Feb * ©« aGs assented 12,000 13,000 ARy ref extl s f g 6s Jan a6s assented 42,000 -Jap AExtl s f 6s int ctfs Sept 9,000 a6s assented Sept 13,000 AExt sinking fund 6s 1,000 a6s assented 3,000 AExternal sinking fund 6s 6,000 a6s assented. 3,000 7,000 AChile Mtge Bank of gu s f 6%s_ 7,000 a6%s assented AGuar s f gold 6 %s ------ a6%s assented O 960 942 MN 942 MN 960 A 960 A O 9 17 13 17 June 11 June 12 20 24 * June 12 24 33 June 12 29 33 42 June 48 50 8 44 36 34% 25 10 12% 11% 9% July 76% July 85% July 79% July 70 July 82% July 68 July 67% July 6% July 34 16 July 16 i9 July 13 15% July 12% 11% 12% 11% 12% 11% 12% 12% 12% 11% 12% 9%* Sale 82% Sale 89 Sale 68 Sale 80% Sale 90% Sale 81% Sale 73% Sale 84% 85% 71% Sale 67% Sale 71 Sale 96% 77% 86% 81% Sale Sale Sale 69 71 15% ----- 16 32 19 32 20% Sale 6v% Sale 14% :1817 6 10% July 82 91% 831 74 85% 72% 2 72 6% July July July July July July July July 14 13% Sale 7 20 12% 14 11% Sale 12% Sale 11 Sale Sale Sale 10% 12 16% Sale 12 14 11 Sale 17% 12 14% 17% 15 12% 15% 11% Sale Sale 12 11 12% 11% 12% 11 11% 12% Sale 11 11% 12% 20 11 11% 12% 20 11 11% 12% 11 11% 11% 961 J 961 M 13 12 20 961 M 13 Sale 10% 12 962 M S 16% Sale 12 20 962 M S 13 Sale 10% 963 MN 16% 12 11% 13% 963 MN 13 10 12 10 11 11% 11% 10 11 11% 12 11% Sale 13% 16% 957 J D 14% $,ale 13% 16% 957 J 961 961 D 12 Sale 14% 12 961 AGuaranteed s f gold 6s 7,000 961 a6s assented 33,000 962 MN AGuaranteed sink fund 6s 8,000 962 MN a5s assented 21,000 960 M S 4,000 AChilean Munic Loan 7s 960 M S a7s assented 31,000 951 J D AChinese Hukuang Ry 5s. "i",66o ACologne (Germany) s f 6%s— 950 M S Colombia (Republic of)— a6s of 1928 Oct 961 A O 99,000 a6s of 1927 __-_Jan 961 J J 100,000 947 A O AColombia Mtge Bank 6 %s 1,000 946 MN 3,000 ASinking fund 7s of 1926 947 F A 1,000 ASinking fund 7s of 1927 952 J D 36,000 Copenhagen external 5s 953 MN Gold 4%s 31,000 - — 6,000 § AOordoba (City) 7s stamped... 957 F A J 32,000 Cordoba (Prov) Argentina 7s— 942 J - 14% 17% Sale 17 . 10% 11% 12 ----- 12 10 10 Sale 14% "20" 11% 15 11% Sale Sale Sale 12 13 10 11 10 15 Sale 14 17 14% 9% 7 11 15 13 17 11 9 10 8 8% 3% 4 10 July 11% July 10 July 11% July 10 July 14 July 8% July 17 16 1 25 9 8 5 10 5 Jan. 30 Jan. 24 65 July 31 65% Feb. 17 63% Mar. 13 June 66 June 26 July 11 11 12 9 12 25 19 31 12 25 8 May 28 9% June 7 22 Feb. 19 67% Mar. 14 45% Apr. 4 14 Jan. 10 15 Apr. 11 69 May 101% Jan. 83 June 107 72 June 61 May 78 June 58% May 59% May 6 9 J an. 3 96% Jan. 93% Jan. 96% Jan. 10 Jan. 88% Jan. 2 3 89 Mar. 9 10 7% June 20 15% Jan. 10 May 9% June 18 12 10 June 19 June 27 20 1 20 18 12 June 13 17 Jan. 11 July 12 June 13 2 10% June 12 12 June 12 15 June 17 10 % June 12 12% July 5 10% June 15 12% June 26 10% June 11 12 June 17 10% June 14 10% June 13 9 June 11 10% June 13 9% June 10 11% July 16 11% July 10 July 11% July 10% July 14% July 9% July 9 June June 25 19% June 27 15 Apr. 20 10% June 13 July 15% July 79 78 87% Feb. 13 10% Mar. 18 2 14% Apr. 27 17 Jan. 14% Mar. 17 Jan. 14% Mar 17 2 9 2 9 10 9 14% Mar. 9 16% Jan. Jan. 14% Apr. 22 17 Jan. 14% 16% 14% 16% 13% Mar. Jan. Mar. Jan. May 9 16 Jan. 5 4 9 8 6 8 13% Apr. 25 16 Jan. 5 11 14 Jan. 23 11% June 26 16 Jan. 4 9 14 June 11 13% Jan. 25 1 17% Apr. Jan. 11 8% July 5 13 June 5 12% Apr. 10 6% Apr. 15% July 3 15% July May 29 July 22 Mar. 8 Mar. 8 Mar. 8 Jan. 25 31 8 15% 6 12 June 22 40 July ~2 July July July July July July July July July July July 11 July 12% July 11 July 11% July 10 July June 15 16% 23% 18% 18% 18% 41 13 10 13 13% % July 15 11 July 2 12% July 1 11 July 1 12 July 11 10% July 8 12 July 10 10% July 8 12% July 5 10% July 11 12% July 12 10% July 9 12% July 25 11 July 13 11% July 17 10 July 19 18 65 July 31 38% June 12 39% June 11 16 Sale 24 .Tune 28 4% June 13 July 7% July 47% July 46% July 51 July 36% July 31 15 20 20 65 Sale 8 Jan. 12 6% Feb. 13 20 12% Jan. 30 July 2 July 15 102% Mar. 19 July 16 100% Apr. 5 Mar. 19 May 17 108 June 10 Sale 11% 84 32 June 42% 14% 20 7 7% 10% 8% 8% 8% 42 40 June 12 44% 45% 58% Sale 15 24 34 if* 46 13 961 J July 31 41% July 16 July 1 42 July 1 42% July 1 31 July 25 Jan. 90% Jan. July July July July July July July July July Sale 13% 16% 961 F 961 F 42 91 11 July Sale" 12% 13% 65 Sale Sale 50% 12 June 15 42 9 960 A f 6s Sale Sale 65 June 16% 15% 12% 12% 12% 56% 42 15% "IB"" 7 Sale Prices 39 38 29 56% July 55 July 48% July 58 % Sale 88% "8% July July July July July July July July July July July July July July 10 July 8 July 22 49% July 48% July 43 July 10 July 20 July 1 Highest Sale Prices Sale Prices 1 1 16 30 22 15 16 18 10 3 Sale 101% Sale 961 J J 967 J 968 M1V Sale 9% 944 J AChile Republic ext s f g 7s—-a7s assented.. AExternal sinking fund g 6s— - Sale 25 976 A O 975 MN a6s Apr 1937 coupon on '¥660 42 20 976 F 7s _ Sale 977 M S a6s Jan 1937 coupon on s 38 79 961 M S . AFarm loan 42% July 41% July 22 -—1- — 967 J ACent Agric Bank (Ger) a Farm Loan s f 6s Sale 22 962 J (Province of) f 7s 48 135* 17% 13 % 14% 950 J f s Sale Sale 952 957 M S 958 F A — a6s stamped --Readjustment 4%-4%sRefunding s f 4%-4%s_Extl readjust 4%s-4%s ASecured 49 41% 11 _ 4j?-4 % S bonds 3 % s external s f S bonds. Bulgaria (Kingdom of)—' Sale Sale Lowest Highest Sale Prices Ask Ask Bid Sale 11% 100 94 Hi Lowest 43 102H 103% 957 20-year s f 6s ABudapest (City of) 6s—_ s J 87 83 Hi 75 7 RANGE SINCE JAN. IN JULY July 31 July 1 Bid 960 236,000 Canada (Dominion) gold 4s 307,000 30-year gold 5s 185,000 lG-year 2 %s Aug 84,000 25-year 3 %s 129,000 7-year 2 %s 137,000 30-year 158,000 30-year 3s ---2,000 ACarlsbad (City) s f 8s..— "¥.666 955 J Ask 958 941 AStabilization loan 7 %s "15.600 J 957 J 945 F A 949 M S 955 (Germany) s i 6%s AExternal sinking fund 6s ABrazil (U S of) external 8s AExtl s f g 6%s of 1926 AExtl sf6%8 of 1927 ACent Ry 30--year g 7s Brisbane (City) s f 5s Sinking fund gold 5s Extl J ---- ABenin 5,000 "7",000 Bid J 957 M s 956 AfN of 1927 AAustrian Govt s f 7s__-------a Buenos Aires 1,000 375,000 80,000 42,000 67,000 5,000 EXCHANGE (Continued')— 1925---July lo 955 External loan 5s PRICES Price BONDS July Value EXCHANGE-BONDS 5 Mar. 8 17 5 ^ 951 MN 944 M S 20,000 ACosta Rica (Rep of) 7s 1 29,000 Cuba Rep of) 5s of 1904 5s ext debt Ser A of 1914 57,666 4%s external loan.. 4%s external debt 268,000 30-year s f 5His 45,000 APublic Works 5%s._June 30 6,000 AOzechoslovak (Rep of) extl 8s__ 949 F 949 A Sale 26 30 26 44% 41% S.ale 42% 942 955 962 22 26 ----- Sale 24% 53% 45 75 69 Sale 16% 25 100% 100% 103 14 21 70% 99% 54 101 98% Sale Sale _ 23% Sale 20% 27 20% 30 20% Sale 24% 30 22% Sale 46% 50 Sale 70 14% 98% 16% 21 20% 20% 20% 20% 24% 22% 45% 69 24% July 23% July 20% July 21 July 20% July 26% July 24 July 49 July 70% July 14% July 100% July 15% May 22 15% May 22 20 May 28 20% July 19 20% June 25 16 Apr. 19 15% Apr. 15 45% July 2 65% June 17 15 July July July July July July July July July 13 July 101% July 99% 53% 102 Sale Sale 80 7f% 34% M 30% Sale 28 26 27% Sale Sale 66% 70 67 70 70 75 70 72 75 8% 34 32% 75 75 74 70 75 65% 65% 75 75 13 9% 42% 30% July 29% July 24 July 65% July 65% July 68 July 65 July 68 July 75 July 15% July 22 22 24 13 27 fig Mar. 70 70 25 30 75 75 17 8 65 June 26 68 July 65 June 12 24 68 May 18 69% June 6 11% June 18 8 40 July 20 May 17 40 9% July 45 July 50% July 19% July 50 July Jan. 13 Mar. 13 72 Mar. 29 85 Mar. 7 21 Apr. 6 65% July 22 70 9 49 70 July July July July July July July 21 Jan. 97% June 11 102% June 20 103% 93 July 11 101% 52 May 22 62 June 10 104 98 70 May 21i 81% June 24 12 14% 13% Feb. 73 20 Apr. 63% 18% Apr. *55% 17% Apr. 99% July 54% July 103 July 74% July July 53% July 100 July 73 July Feb. 4 26% Feb. 27% Feb. 34% July 33% July 27% July 93 14% 33 7% May 29 34% Mar. 100 98 74% _ _ . Sale 100 100 93 942 M S 70% 74 14,000 Dominican Republics f 5 %s 71 940 A O 1st ser 5%s of 1926 8,000 71 940 A O 2d series sinking f und 5 % s_ 4,000 Customs Adm 5%s 2d series.. 961 M S 70% 74 3,000 71 969 A O 5%s 1st series 4,000 71 72 969 A O 5%s 2d series 4,000 10 945 MN 2,000 ADresden (Oity) extl s f 7s El Salvador (Rep) 1st s f 8s A— 948 13 15 ACertificates or deposit J J 7,000 42 90 J 967 J 1,000 Estonia (Republic) 7s 40 Sale 945 M S 9,000 Finland (Rep of) external 6s 11% 19% 963 MN 2,000 AFrankfort (City of) a f 6%s 941 j d 101% 104 42,000 French Republic 7 %s stamped. 941 7%s unstamped External s f 7s stamped 949 y~D 108 066 7s unstamped 105% 949 German Gov't International— 965 J D a3 5-year 5%s stamped 8% Sale .... 538,000 6 8 965 a5%s unstamped 16,000 A5%sstpd (Canadian holder). 965 11 Sale iGerman Republic 7s stamped. 949 A O 1,689,666 7% a7s unstamped. 949 2Y000 . 22 20% 20% 20% 70 57% Sale" 100% 102% 74 75 13% 13% 67% Sale 58 Sale 47% Sale 977 953 945 951 24% 20 26 99 952 ASink fund 8s series B 171,000 Denmark 20-yr external gold 6s_ External g 5%a 44,000 External g 4%s 167,000 30% 21 Mar. 13 Apr. 5 Jan. 26 Apr. 5 Jan. June 27 Feb. 26 Mar. 13 Mar. 13 Mar. 13 75% Apr. 75 75 17 Apr. 22 Apr. 13 1 Mar. 15 75% Mar. 18 75% May 1 75 17 Mar. 23 July 15 16 Feb. 23 53% Feb. 14 30 50 47 19% 50% July 20 45 July 22 50 July 26 19% July 26 40% July 12 70 45% July 12 45% July 12 19% Sale 14% 16% Sale 15% July 12% July 16 24 17 19% July July 1 2 8% Jan. 23 5% Feb. 8 20% June 17 17 June 24 23% Sale 15 18% 20% Sale 20 16 25 24 July July 1 5 10% Jan. 2 6% Apr. 29 25 % June 18 18% June 24 20 50% 57 24 20 44% 21 20 35 "70"" 48 20 20 15% 14 16 July 14% July 16 2 80 19% May 27 40 July 12 105 92 92% Apr. 9 45% July 12 118 3 109 106 Jan. 9 Mar. 13 June 29 Jan. 18 Apr. 16 Apr. 19 Apr. 24 German Prov & Communal Bks- a(Cons Agric L'n) 6%s ser A. 958 1,000 964 3,000 AGreek Govt secured 7s a7s part paid.* 964 5,000 AS f secured 6s.. 968 a6s part paid 968 28", 660 952 5,000 Haiti (Rep of) 6s series A 946 6,000 A Hamburg (State) 6s AHeidelberg (City) extl s f 7 %s_. 950 Helsingfors (City) ext 6%s 960 Hungarian Cons Municipal Loan ASecured s f g 7 %s 945 6,000 ASecured s f g 7s Sept 946 13,000 AQungarian Land Mtge7%s A_. 961 1,000 AS f 7 %s series B 961 1,000 979 22,000 Hungary 7 %s ext at 4% to 10,000 361,000 47,000 419,000 174,000 106.000 D 12% MN 23^ F~A 16% 18% 14% J A"O O J J A O 24% J 6% 6% 6% j 20% ----- 16 .2- A mn 25 -^7; 7 35% 6% mn A 22% "30" 91 70% 947 M S 70% Italian Public Utility • f g 7a 962 J j Japanese Govt extl s f 6His..... 954 F a Extl sinking fund 5%s 965 mn 79% 94% Sale 75 Sale Sale Sale Italy (Kingdom) extl a f 7s Italian Cred Consortium 7s B_._ For footnotes see page 30. F 53 60% 7 14% 20% Sale 9 12 38 12% 9% 8 o 30% 6% 6% 6% 6% 15% 16% 8 9% 25% Sale 60 Sale Sale Sale 23 40 27 28 81% Sale 85 Sale 35 65 9 18 24 15% July July 16 July 2 22 16 6% July 7 July 11 2 Sale June 3 18 13 July 70% July 15 July 24 23 23 71 58 Sale 9% 45 47 70 58% Sale 61 14% July 18 July July 31 15 July 18 7% June 13 Mar. 12 7% May 15 70% July 23 7 May 27 10 May 22 22% Jan. 19 21 16 73 8% 6% 6% 9% 21% Sale ...— 14% July 17 18 July 18 July 24 15 14 Sale 75 16 15 ----- 8% 9 17 14 15 10% 30 960 MN 951 j D Irish Free State erternal 5s 25 15% 14 63% Sale 6% July 11 6% July 22 7 July 5 7 July 5 21% July 1 45 July 15 44 July 5 45 July 5 24 % July 6 78% July 29 60% July 30 7 July July 5 5 26% July 55 July 58% July 61 July 35 July 88% July 70 Jply 30 6 1 1 1 16 6 7 5% June 12 May 27 6 7 Jan. 17 5% June 6 20 Apr. 15 45 July 15 34% June 12 25 June 13 23 June 13 76 57 May 28 Apr. 17 15% May 18 July 20% Mar. 21 % Apr. 16% Feb. 2 18 16 24 24 90 16 18 Jan. July 16 17% June 29 75 Apr. 2 10% Mar. 18 9% Mar. 15 9 Apr. 18 9 Apr. 18 32% Apr. 9 92 Jan. 9 72 Jan. 3 78% Mar. 54% Jan. 91% Apr. 70 July 9 3 13 6 N. Y. STOCK August, 1940] Sales in N. y. STOCK Value $ EXCHANGE GOV'T FOREIGN Price IS Jan. 2, 1940 iLower Austria (Prov) 7%s 1950 iMedellin (Colombia) 6%s 1954 5,000 Mendoza (Prov) 4s readj 1954 Mexican Irrigation— a4%s stamped assented—-.1943 AMexico (U S) extern 5s 1899 £.1945 56,000 a Assenting 5s of 1899 1945 4,000 AAssenting 4s of 1904 1954 a Assenting 4s of 1910 18,000 1945 * 324",000 1933 (Italy) extloan 6%s_1952 (State of, Brazil)- ATreas 6s of '13 assent Milan City Ask Bid Bid 13 9 20 14 ASec extl s 19.UU0 ASec extl s 5,000 AMontevideo (City) a6s series A 88",566 1958 1959 1952 f 6%s f 6%s 8 D J D 10M 15M J D 70 M 75 MN M fi H A O 52 M "Tm Sale 1% 7s New South Wales ext s f g 1959 5s—1957 1958 1943 1944 External s f g 5s 60,000 21,000 Norway 20-year ext s f 6s 71,000 20-year external s f 6s External sinking fund 4 60,000 108,000 66,000 10,000 1,000 Ms—1956 External sinking fund 4 Ms—1965 4s sinking fund extl loan 1963 Municipal Bank ext s f 5s 1970 ANuremberg (City) external 6s_-1952 Oriental Development 6s 1953 158,000 External deb 5 Ms 1958 41,000 17,000 Oslo (City) 4Ms extl sink fund--1955 44,000 APanama (Rep) external 5 Ms.-1953 AExtl s i 5s ser A May 15 1963 ioi',666 1963 (assented) AStamped Sale 2% Sale D MN 17", 000 25",066 35 38 Sale 35 Sale F A 90 M Sale 34 36 75 Sale 27 26 Sale Sale 27% Sale 11* 24 27% ARio de Janeiro AExternal (City of) 8s sec MN A O D M N MN 18,000 23,000 25 98 Sale Sale 49% Sale 5M 10 7 M 6M 6M 3M 4M — — 9M J D J 4M 3M 4M 7 8 M 3 11 6% 11% 6% 7% 10% a 11 O a O 99% F a Sale 1967 J D f 6Ms.-1952 (Kingdom of) 7s —1959 A o 60 Sale 46 M F a 8 Sale 7k 7k j 10 9% 8% — — — •» 4M M a6Ms extl secured s f (State of)— *a8s extlloan of 1921 a8s external 1957 MN 7 "T" 5M 4M 4M 4M 8 8 7% 7M 10 k 6 22 8M 5% Sale 7% % July 1% July July 5 40 M July 1 6% July 6% July 47M July 1 8% July 8% July 47% July 30 30 10 29 Sale Jan. 9M Sale 10 10 Sale 9M % k m k 5 Sale 10 40% July 36% July 49% 47% 45% 47% July July July 37% July 38% July 29 k July 17 July 58 July 54 July 30 July 101 July July 27M July 26 July 26 24 17 38 July July July 55% July 52 July 22M July 97. July 52 July July July July 56 July 29 % May 23 M May 14M July 13 % July 76 8 Sale 7% Sale 12 10% 8% Sale 10 Sale 10 Sale 32 Sale 29 July 46 M July 1M Apr. 1 18 18 18 15 3 12% 12% 71m 71m 90 m Mar. 9 Mar. Apr. 8 3 Mar. 13 20M June Jan. 9% May 19 June 28 65 Mar. 18 58 Mar. 19 75 Mar. 26 9 54 May 12 25 29 49 M May 50 19M June 96M June 72 M May June 8 4 Jan. 8 4 May 17 10m July 9 July 30 30 6 June 6 k 23 53 8 July 7% July 5 2 3 11 5 12 July 9 July 10 July 10m July 46% July 1 2 17 20 31 24 30 30 30 11 % Jan. 12 Jan. 11% Jan. 13 17 10% Mar. 11 11 Mar. 13 July 3 4k 5M 4M 4% 8k 3M 9% 14 14 26 31 18 28 16 8k Feb. 26 10% Mar. 28 16% Feb. 17 9% Apr. 7k Jan. 7 n* Feb. 14 Mar. 29 Mar. 19 13 Ml 3' 18% July 17% July 1 2 Feb. 7 27 12 June 12 103 98 41M June 21 15 May Jan. Jan. 11% Mar. 10% Mar. 5M June 4M June June 8 11 Mar. 19 18 18 5% June 12 5 June 11 7 June 24 27 30 10% Mar. 15 10% Mar. 15 59 7 13 105m Jan. 24 82 Apr. 5 74 % Jan. 23 4M July 3 Mar. 13 11 20 4% July July July 6 97 m Apr. 6 Mar. 13 80 22 18 % July 9 30 80 11 17 m July Feb. Jan. June 19 83 Mar. 20 21 % June July 1 4 9 Mar. Mar. Mar. Mar. Jan. 90 8 30 25 Jan. 1m 1m 1m 1m 53% 89 23 July 5% July 6% July 6M July 7% July 32 July 30 3 24 14m Feb. 15 82% Apr. 9 15 m July 15 m June 97 m Apr. May June June June June Feb. May June May 6 8% July 17 % Jan 22 7% July 7 July 7 July 7% July 6 k July Sale 52% Jan. 7 4M July 4 Sale 17 Jan. 29 20 19 27 6 k July 3 5% July 6k July 6M July 6M July 44 33 % June 35 June 6 9M June 12 4% June 12 4 % June 12 26 26 27 9% 8 5M 23 9 Jan. 4 June 14 Feb. 13 Jan. 8 40 13 k 14 48 Sale 54 8 1 77 June 12 7k 10 7 k May 28 4 10 7% Feb. 27 53 54 9 13 1 Apr. 8 11% Feb. 20 Mar. 9 12 Mar. 9 61 Mar. 15 12% Apr. 8 9% Apr. 10 12 22 22 22 (City of)— 1952 MN 4% 8 6 1964 M S a8s extl secured s f 8 10 6H 7% 7% 7% J 4 6 Vs 6M J 1953 Sale 6M Sale 9 8M 6% 6M Sale Sale f 6s ~55% 7 5M 5% Sale 7% 53 M 102M 65 M Sale 12% 8% MN 52 k 24 M Sale Sale 43 M 91 o llH 6M 6k Sale 76 Sale a Sale 7 Sale 18M 12 a 10 9 10 18 9 18 "14% 1953 F 1946 52 Sale 9% 6% 9 90 M S 51 101 ----- 6 1% July 8 8 MN "55% 70 Sale Sale 6% J Sale 22 9 9M 9M 52 80 9 ASaarbruecken (City) s extls £ 4s Paulo 6% Sale 106 % 71 72 57 M a Santa r e Sao 52 103 M 70 6% 12% AFebruary 1937 coupon paid 42,000 r 10 1M July % July 7% % .Tlilv July 70 20 20 1946 1968 1966 a7s Municipal loan 26,000 215,000 Rome (City) external s ARoumania 80 17M July 22 36 Sale 58 M 52 M June 53 Sale 71 57 M "7 25 47 72 % lo"" 50 37 a A 31 July 35 O J Sale Prices May 28 10 M July 2 22 Sale D M S 9 - 36 J F 7 12 M Mar. 14 56 8% July July 53 37 M F 1963 6 Ms Rio Grande do Sul (State of)— a8s extl loan of 1921 46,000 a6s extl sinking fund gold 79,000 a7s extl loan of 1926 85,000 111,000 48 37 M Sale 91 31 7k 7k 40 Sale A 7% 29,000 APorto Alegre (City of) 8s 1961 AExternal loan 7%s 1966 17,000 APrague (Greater City) 7 Ms 1952 "5",000 APrussia (Free State) ext s f 6Ms 1951 ASinking fund gold 6s— 1952 8,000 21,000 Queensland (State of) ext s f 7s.-1941 25-year extl s f 6s Feb 15 1947 9,000 ARhine-Main-Danube deb 7s ser A '50 29 40 F A 31 3 2% 40 38M 80 M 79 M 1950 a4Mr assented 1M % 1% 70 1968 A4 Ms assented s f 8s AExternal 6% Sale 1 50 O 1947 ^Stabilization loan 7s 6 46 a 1958 a4M» assented 1M A M S 10 M July 15M July 1 F 1940 APoland (Rep of) g 6s Sale 7 J 16 % Apr. 18 1M Sale 40 24,000 APernambuco (State of) 7s—--1947 M S 41,000 APeru (Rep) Sec s f g 7s 1959 M S ANational loan ext s f 6s 1960 J D 156,000 ANational loan ext s f 6s 1961 08,000 9,000 8 M S 31 1 Highest Sale Prices Sale Prices Sale Prices 10M July July k "Tm % % 1M 40M 1M J Sale 57 1% J J 10 M 53 3M Sale J 10M 58 7M % 1M J M S Sale Lowest Highest 15% June 24 Minas Geraes 120,000 Ask 10 M RANGE SINCE JAN. JULY Lowest 15 J Q IN July 31 July 1 Ask Bid (Concluded) 10,000 AJugoslavia (State Mtge Bk) 7s_1957 A O 2,000 iLeipzig (City) external s f g 7s. -1947 F A 37", 666 PRICES 3S BONDS July 31 EXCHANGE—.BONDS 8% 7% 9% Sale July 1 8% July 1 6 54 6M July 57 July 12 8% July 7m July June 22 80 Mar. 25 June 12 12 Apr. June 14 10% Apr. 13% Jan. 6 May 4% June 4% June 20% May 12% June 8% June 12 21 13 12 24 23 Mar. 14 13% 12% 11% 37% Mar. Apr. Mar. 18 11 18 Jan. 16 Mar. 20 3 18 54 2 1 San Paulo 62,000 216,000 96,000 165,000 187,000 1936 -1950 1956 1968 1940 1945 a7s extl water loan a6s extl dollar loan ASec s f g 78 ASaxon State Mtge Inst 7s 8M 7% 7% a8s secured 42",000 11 D i",66o 203,000 23 M D A 9% 9% 16 12M a 83 M 1971 J 55 M 39 ----- Sale 12% 12% 10% 29% Sale Sale Sale 32% 9,000 12,000 1960 MN 1964 MN 3%-4-4% % ($ bonds of 1937) External readjustment._ —1979 MN 3k-4~4M % (S bonds of 1937) External conversion 1979 MN 3%-4%-44i«% extl conv 1978 J D 2,000 " 7",000 81,000 4-4%-4%s external readj 1978 external readjustment—1984 F a 3 Ms ■6.660 J 56 M 52M 49 % 49% 10 M 10M 2M 11M 5 Mtge Bank 7s—1952 a AVienna (City of) 6s a Warsaw (City) external 7s 6 54% Sale 30 60 M Sale 56 % 10m July 33 July 27 10 10 Sale o 1§52 MN 1958 1958 1961 F a 40 M 48 3% e 13 Sale — 9 35 k ~50" — - 7% May 18 7% May 18 Jan. 13 3 June 17 9 3M July 11 45m July 22 30 53M 57M 29 30 57M 56 54 July 27 July 56 k July 19 30 44% 45 3% July 46 July 57 July 29 July 62 % July 12 10 17 26 17 July 8 45 July 8 39m July 31 Sale 39% Sale 33 % July 1 35% Sale 16 2 32 29 48 ----- 6M 30 — 45 37 33 % 43 M 8 10m July 10m July — 44k 45M 17 18 June 5 5 45 52 43% 47 9M July 9M July ----- Sale 6 Sale AAbitibi Pow & Paper 1st 5s.-1953 J — — Sale 59 Sale 38 k Sale 35 k July Apr. 8 1 9 2 18 15% Mar. 23 14% Mar. 19 5% Mar. 7 5% Apr. 16 15% Jan. 9 87 Jan. 24 July 34 July 39 m July 2 31 5 Sale 59 Sale 3 40% June 50% May 13 63 Mar. 20 23 June 25 41 Apr. 11 53 Jan. 31 62% July 17 Jan. 18 65 44 June 11 63 Apr. 15 Mar. 20 June 8 63 Mar. 20 32% June 26 55% Apr. 33. 53 June 11 31% June 28 10 July July 16 31 July July 16 31 30 July July 18 31 3k July 11 17 10 15 Mar. 18 51% Mar. 11 56% Apr. 16 May 23 34 June 27 40 28 Sale Apr. 11 56 25 June 13 51 Feb. 24 8 May 14 10 July 31 3 June 7% Jan. 3 40 3% 3% 60 37 52 27 M 10 37 M 7 a d 34 35 % July 31 % July 53 -. F assented (City) extl s f 6s 9 31 31 31 48 Sale 54 k 24 M J a4 Ms Yokohama July 12 m July 12 m July July July July 53 88 Sale J Venetian Prov 24 21 July July 20 _ 50,000 15m 8M 8% 7 m 20 40 M 12 1955 AUruguay (Rep) external s AExternal sinking fund 6s AExternal sinking fund 6s 25% 21 17 5 1952 M S 1961'A O f 8s__1946 F A " 11M MN J 1958 Sydney (City) s f g 5%s 102,000 Taiwan Elec Pow 5%s 8,000 Tokyo City loan of 1912 5s External s f 5Ms guar 110,000 "3", 666 8 15 6s—1947 a4Ms assented ASilesian Landowners Assn 7 10M 14 1962 MN external external 1962 (Prov) extl sink fund 7s.1958 A7s series B sec ASilesia 7M Sale 14 16M Sale 9 Sale 8M Sale 24 ASinking fund gold 6 Ms-Dec 1946 Serbs Croats & Slovenes (Kingdom)— 15,000 66,000 13 M 13 3 59 61 % July 17 55% May 18 69 Mar. 26 RAILROAD AND INDUSTRIAL COMPANIES 104,000 15,000 8,000 15,000 4,000 4,000 7,000 731,000 D 51 1948 M S 104 1947 J D 1946 F external 7s 1952 Ala Gt Sou 1st cons os ser A 1943 First cons 4s series B 1943 Albany Perforated Wrap Pap 6s .1948 6s with warrants assented 1948 Albany & Susq 1st guar 3 Ms 1946 Allegheny Corp coll tr conv 5s__1944 Collateral and convertible 5s. -1949 A 4 Ms stamped Adriatic Elec Co 209,000 a5s stamped 749,000 6,000 Allegh & West 1st g guar 4s 41,000 Allegh Valley gen gu 4s Allied Stores Corp deb 4 Ms 219,000 10,000 54,000 33 M Sale 39 Sale 98 M 98 M 101% 98 % Sale For footnotes, see page 30. 67 Sale 83 J 7 A 2 34 74% 5 A F 6M J 8 A 107M Sale 79M A 1M 9M 6 1950 A O 0 106 M Sale F A 6 Sale M S 0M 3M 3M Sale 31 Sale MN 3 4M M S M J S J M1V 43 ' 49% Sale Sale Sale 98 % Sale 31 Sale 109 Sale 106n»2 Sale Sale 108% 108 M A O 108 % D J «7 108 % Sale 105% 106 107 M 108 M 40 50 L 14 July 31 July 23 July 23 105M July 3 100 100 48 13 30 3 1 9 19 3 2 50 July 13 52% July 30 75 July 25 89% July 22 75 July 23 47 July 30 63 July 19 105% July 16 98 July 25 25 109% July 1 July 10 102 k 98 103% July 99% July 22 106 Mi 106 mi July 30 106% July 5 108% July 107% July July 102 July 26 109% Sale 108% Sale 108 M Sale 100 Sale Sale 101k 100 102 Sale 107 Sale Sale Apr. 30 Feb. 8 Apr. 27 Jan. 80% Feb. 2 2 110% June 18 108% Apr. 23 100 50k 12 Jan. 105 10 July 101% July Sale 97% July 99% 49 June 57% 104% 104,% 108% 109 60 Sale" 27% June 973% July 98% June 100 May 40 50 47% July 49% July 73 % July 73% Sale 75 w* Sale 87 k Sale 75 July 76 66 July 73 k Sale 66 M Sale 36 July 46% Sale 37 M Sale 63 65 July 62 M 55 July 104 M 107M 105 105 105% 100 99 k 92 July 90 k "92"" 97% Sale 107% July 108 k Sale 109 % Sale 41 12 48 M 102 M J MJV 60 39 33% July 97 k July 98 % July 104 July 109% 110M 109 % 110M 107 M 107% 107% 107 k 58 M 50 41 50 58 0 99% 105 M Sale 105% J M S 1943 1961 1966 Am Type Found s f debs 2M-5s 1950 Amer Water Wks & El 6s ser A..1975 20-year sinking fund 5 Ms 3Ms debentures 3 M s debentures 108% 1950 1998 1942 4Ms debentures 1951 38", 000 Albs-Chalmers Mfg conv 4s 1952 122,000 AAlpine Montan Steel 7s 1955 295",000 Amer & Foreign Power deb 5s—2030 American I G Chemical 5 Ms— 1949 224,000 Amer Internat Corp conv 5 %s_.1949 103,000 American Telephone & Telegraph— 227,000 302,000 53 Sale 102 coll tr g 4s Collateral trust 4s of 1907 Adams Express June 45 June 60 49% July 68% May 61 Feb. 23 28 87 Jan. 18 69 June 58 June 89% July 22 May 9 75 26% May 22l 47% Jan. 59 171 64% 51107% June 99 5' 101 k June 99% 89 104% June 106% 17% 46% 100% 91 Jan. Mar. 14 Mar. 26 Apr. 13 May 1 May 9 May 111 Feb. 8 Jan. 17% 68% 105% 105% Jan. 20 Apr. 3 June May June Mar. 18 Apr. 1 2 July 5 25 108% July 9 101 July 9 30 109% Jan. 104 May 22 110% Apr. 103% May 28 110% Apr. 9 100 1 107% July 30 96 106%, July 5 107 May 22 109 June 8 8 Jan. 11 Jan. 5 22 N. Y. STOCK •Safes fn II July BONDS Value Bid 8,000 25,666 186,000 12,000 6,666 A O F A J J A O 106 Nov 1944 149,000 Atl Coast L 1st cons 4s July 1952 135,000 General unified 4 Ms series A-.1964 23,000 10-year coll trust 5s—May 1 1945 106,000 L & N collat gold 4s Oct.. 1952 25,060 Atlantic & Danville 1st g 4s 1948 31,000 Second 4s 194* 18,000 Atl Gulf & W I SS Line coll tr 5s. 1959 78,666 Atlantic Refining deb 3s 1953 12,600 Austin & N W 1st g 5s guar 1941 Bid 103 M 29 M 37% 98 100 M 100 M Sale Sale Sale 103 M Sale 80 M 94 84 ~Wi D J 107% 108 M 99 J J J Sale 99 M Sale 110M July 106 M July 65 M 67% 47 % Sale 69 Sale 61 Sale 32 33 Sale 86 Sale 68 62 M 58 Sale July 95 M July 95 M July 101H May 77 M June 76 M June 92 103% July 100 M July 110M July 108 July 17 2 18 23 25M 63% 106 % 90 M 70 94 M July 100 May May May 104 H May 99 108 Sale 34 32 M July 27 M July 28 28 M 29 M Sale 69 M 70 66 July 106% 105 M 106M 105 M July 91 % 98 94 M 93 July 114 97 Mar. —July 1948 Stamped modified bonds— 1st mtge g (interest at 4% to Oct 1 1946) due July 1948 Ref & gen ser A (interest at 1 % to Dec 1 1946) due.1995 1st mtge gold 4s 186,000 1,106,000 Ref & gen ser C A 64 M May 77 Jan. 4 May 62 Jan. 3 61M May 55 May 28 May 23 M June 62 M May 102 M May 76 70 Jan. 4 Sale 68 M Sale 65 M July 29 68M July 82 41 34% 75% 107% 94% Jan. 18 56 M June 10 881,000 July 8 70% Jan. 3 67 Sale 68 M Sale 65 M July 1 69% July 17 55 May 22 69% Mar. 12 27 M Sale 30 M Sale 26 July 2 30 % July 31 15M May 21 30% July 31 36 29 Sale 35 Sale 28 M July 1 36 July 31 18 27 Sale 30 M Sale 26 July 2 30M July 31 15M May 21 30% July 31 26 M Sale 30 M Sale 26 July 12 Sale Sale 11% July 2 3 30M July 13 M July 31 31 15 M May 21 13 30% July 31 15% Apr. 4 53 M Sale 57 Sale 53 M July. 5 57 M July 24 40 June 42 A J Sale 45M Sale 42 45% July 54 July 91 July 60 July 61 July 19 17 1 24 30 32 June 48 J J J J A J 133 102 70 90 Sale Sale 115% A 51M 101 100% 58 Sale 53 56 88 M 57 M 62 M 90 58 cons 60 60 Sale 35 35" gtd g 3%s__-1943 J "2,000 iBerlin City Electric deb 6%s_-1951 J iDeb sinking fund 6%s_ 3,000 1959 F iDebentures 6s i 1955 A 1,000 Berlin Elec Elev & Undgrd Rys— Alst 6Ms --.1956 A 915,000 Bethlehem Steel 3 Ms conv deb._ 1952 A 3 Ms 1952 (called bonds) 2,000 Cons mtge3 %s ser F 101,000 1959 J Consol mtge 3s series G 279,000 -I960 F Consol mtge 3 Ms series H 226,000 1965 F Big sandy By 1st mtge 4s— —1944 J 15",000 Blaw Knox Co 3 Ms 1956 40 35 65 70 66 M 114 Sale 136 M 105 M "29"" 22 WA 13 M 107M Sale ----- 107 % Sale 113 M Sale Sale 132 Sale 105M 14 M 14 M 39M 15% 20 Sale 113% July 130 July 116 22 15 M July 15 July 19 Sale 15% July 109 110M 104% 99% 102% Sale Sale Sale 105 94% July 132 M July July 21 July 15 % July 58 Jan. 2 101 70 Jan. Jan. 16 May 54 June 72 Jan. 13 Apr. 45 8 30 127 M June 26 3 31 15H Jan. 17 11^ May 11 15 105 M July 108 105 M« July 105 Me July 104 July July 30 16 June 99 102 95 July 8 98 July Sale 54 M July 1 75 July 31 1 19 78 M Sale 49% July 42 M July 56 M July 49 Vs July 75 Sale 54 July 49% July 25 92 1st 5s series AC 1967 M 44 M S 55% Sale 49% Sale Sale 56% Sale 75 June June June 41% Jan. June 28 112 Apr. 9 105% July 30 106% May 7 101% July 30 104 July 30 109% Feb. 23 99% Apr. 27 109% Feb. 98 M 19 July 26 July 3 16% Mar. 25 21 20 103 H May 105% July 100 May 30 105% July 30 101M July 30 104 July 30 99M July 102M July Jan. 2 Feb. 7 72% Mar. 6 9 117% Feb. 135 Apr. 15 72 M Mar. 112 June 9 107 M 97 M 1 54 109 96% 59% Apr. 31 49% Mar. 13 46 M June June 89 14 M 18 Sale 105 Me 105 M Sale 101M Sale 103 M 105 6 July 37 105 Me 100M Sale 7M May 21 45 84 iN> 13 July 50 M July 90 July 57M July 58 July May 21 Boston & Maine RR— 943,000 24 O ..Feb 1 1960 F 124,000 Toledo Cin Div ref 4s A_ 1959 30,000 15,000 Bangor & Aroostook RR 1st g 5s 1943 Con ref mtge gold 4s_-_ 12,000 1951 4s stamped 10,000 1951 Battle Creek & Sturgis gu 3s 1989 Beech Creek Exten 1st g 3 Ms 1951 48,000 Bell Telephone of Pa 1st 5s B—194X First & ref 5s series C 1960 70,000 Belvidere Del Jan. D Pgh L E & West Ya System — Ref g 4s extended to 1951 MN S'western Div 1st M (interest at 3%% to Jan 1 1947) due. 1950 J 49,000 9 Apr. 30 (interest at iConvertible due. 822,000 Feb. J Ref & gen ser D 527,000 Feb. 20 Feb. 7 A 11-5% to Dec. 1 '46) due. 1995 J D (interest at 1 % to Sept 1 1946) due 2000 M S Ref & gen ser F (interest at 1 % to Sept 1 1946) due 1996 M S 609,000 66 25 May 9 Apr. 25 41 Baltimore & Ohio RR— 396,000 Jan June July 10 July 31 71 July 23 51 July 69 July 30 64% July 31 34 July 31 30 July 70 July 24 106% July 2 94M July 63 M July 59 July Sale Jan. 92 93 20 Apr. 6 96 July 22 May 13 96 Apr. 25 105% Apr. 4 5 100% Feb. 110% Feb. 21 109% May 6 Jan. 96 July 66 M July 46% July 9 Feb. IV* 89 June 97 95 Apr. 26 Jan. 3 May 3 Apr. 18 Apr. 29 107% May Jan. W* 95 114 95 97~" Sale 48 80 27 M July 30 41 May 22 50 97M Apr. 9 99M 95 M May 28 104 M 95 May 28 104M 32 108 Sale Sale 70 July July July July July 96 ~97~" Sale J 29 M 42% 98 M 102 M 102 M 1 Highest Sale Prices Sale Prices 102 May 25 107 M Feb. 23 22 106M July 86 M July 86 July 96 July 96 M July 102 M July 99 July 99 O 30 24 15 82 I6§"" 97 M 97 Lowest Sale Price 30 104M July 103 M July 81 July 100 M 99 95~ ~ 64 M 87 102% 99 M Sale 65 71M 105M 106 M S Sale Sale 109 M 110M 106 M l08~~ 107 M 116" 32 J J 106 M 85 96 % 39% J 42 98 96 M 75 62 MJV 27 M July 40% July 98 July Sale 100% July 100 % 101M 100M July 97 M 100 M 98 ~95M 76 61 D MN July 96 M Sale 92 M S J 103 27 40 M Highest Sale Prices Ask Sale 95 M 95 M J 103 M 85 M 96 M Sale 102 M Sale 100 100% 109 M Sale J J Sale 95 D J 85 D D 41% 42 M 100 Sale 85 M J Ask Bid Sale Lowest July 31 July 1 85M MN Cal-Arlz 1st & ref 4%s ser A.-1962 M S Atl Knox & No 1st g 5s 1946 J D J 7,000 Atl & Char Air Line lst4%s A.-1944 J 1st 30-year 5s ser B Sale 34M 37M 49% Sale 95 98 M 100 % Sale 99 M Sale J M S 34,600 25,006 Ask 106 % Jan Q RANGE SINCE JAN. Jan. 2, 1940 63,000 Anaconda Cop Min s f deb 4 %s_1950 Anglo-Chilean Nitrate— 51,000 1967 ^Sinking fund income deb 7,000 lAnn Arbor 1st g 4s. July 1995 8,600 Ark & Memp Bdge & Term 1st 5s 64 278,006 Armour & Co 4s s f ser B (Del)--1955 145,060 1st M s f 4s ser C (Del) 1957 Atchinson Topeka & Santa Fe— 319,000 Gen g 4s 1995 Adjustment g 4s July 1 1995 Stamped 4s_July 1 1995 Conv g 4s of 1909 1955 Conv g 4s of 1905 1955 Conv g 4s of 1910 I960 Conv deb gold 4 %s 1948 Rocky Mtn div 1st 4s A 1965 Trans-Cont Short Line 1st 4s gl958 PRICES IN JULY Price N. T. STOCK EXCHANGE 5,66() 52,666 EXCHANGE-BONDS 15 75 July 31 54% July 22 5s stamped (cash election made 1967 M S Not made by holder 1967 M S by holder) 482,000 12,000 426,000 1st mtge 5s series II 5s stamped by holder) 394,000 Not 3OI",6O6 1st g 4 Stpd oy (cash election holder) Not 270.666 made 49% 1961 A O by holder 1st lien & ref 6s series A 50 F 8 A 10 Sale 6M 109 M MN 85% Sale 89 109 MN A 113M MN J F Sale 102 Sale 111 M 112M 95 M Sale 105 M Sale 112M Sale 108 108% D A J / Sale MN D Stamped modified (interest at 3 % 1957 MN 1st 5s__1934 A 10 4 62 40 M 51M 103 M 83 M 9 6M 69% 42 53 M Sale 85 103 M Sale 106M Sale Sale 105 3M 3 60 39 50 M 103 M 66 % Sale 37% May 22 72M July 15 12* . 60 26 108 M 109 92 MN Carthage & Adir Jst gu g 4s 1981 J D Celotex Corp deb 4Ms w w 1947 F A ACent Br U11 Pac 1st g 4s 1948 J D XACent of Ga Ry 1st g 5s..Nov 1945 F A 24,000 *ACon&ol gold 5s. 1945 MIV 16,000 *Ref & gen 5Ms series B 1959 A O 16,000 a Ref & gen 5s series C -1959 A O 88" 8M 30% ..... 1951 J M 5 M S O 10M Sale 3M 5M J Sale 4M 93 9 6M 100 76 M 100 109 108 110 46 M Sale Sale 18M 16 Sale 109 M Sale ! 70 1 40 5 57 79 00 70 9 33 Sale 3M M 5 1966 A Sale 7 D 1946 J 95M 55 . 12,000 1,000 11 80 106 % 90 M 40 Sale 79M 77 M Sale 90 M 83 M 82 91 84 M 83 81M 82M 96 M 106 M 76 M July 1 85 2 87 2 3 87% 86% 83% 2 85 79 76 M 76 M Sale 89 M 42 M Sale 63 Vs Sale 94 Sale Sale 64 M 58 Sale 89 M 60 66 54 39 108 34 107 % 94 94 48% 44 80 77 M 17 M Sale 8% 2% 2M 10 7 93 63 52 M 37 35 107 M 107 Sale 48 M 80 M 17 M July July July July July July July July July July July July July July July 2 83% 3 97 1 50 30 66 2 95% 2 65 2 12 59% 35 20 108% 9 95 20 12 3 24 80% July 14 July 30 15 30 ~~5M 1M 1M 4 % 2M 100 5M 2 2 8M 7 Sale 5 July 1% July 1% July 4% July 93 5% July 1 % July 1% July 4% July 100 July 79 July 108% July 20 17 2 25 11 31 24 109M 43 "45% 13 Sale 11% Sale 109 1 30 23 24 27 11 29 8 20 12 12 12 10 20 11 10 19 18 13 15 12 Sale 50 Sale 25% May 3 May 2% May 65% July 32% June 46% .June May 100 46 June 26 78% July 31 July 31 45 July 13M 14% 12% July 12 13 M 11% July 105% 107 106% July 50 July 13% July 12% July 109 July 31 5 30 1 54% July 22 45 26 72% 22% 11 12% 21 110% 26 June 28 July 31 July 31 Apr. 3 Apr. 27 30 10317«June 10 15 107 % June 3 3 31 113% Jan, 22 115% Apr. 20 8 21 98% Apr. 3 18 107% Apr. 23 112% Jan. 2 3 31 109 May 40% Apr. 30 7 Jan. 31 6% Jan. 12 July 27 47 Apr. 23 61 Apr. 8 8 106% May 70 85 Jan. 65 June 72% 75% 75% 74% 72% 72 % 71% June June June June June June June 103 Jan. 87 June 113% 69% 89% 108% 84% 3 103% Jan. 106% Jan. 107% Jan. Jan. 31 May 57% June 87% June 54 May 48 May 35 July 102 June 90 June 40 93 76% July 14 July July 45 70 79 Sale 70 July 106 M 108 M 107M 109M 108% July 109 30 105% 6 74 78" 49 M 65 30 5% 1M 1M 3 M 2M 39% July July July July July July July July July July July July July July July July July July July July July July July Sale 60 M 53 80% 71% 2 July Sale 76% 111M July 5 84% 90 Sale 113M July 96 July 106 M July 4 85 Sale Sale July July 2 Sale 78 M 76 M . 109M July 24 103 9 112 June 28 July 19% July 6% June 105 May 83% Jan. 88% •Tan. 108% May 111 May 84 May 102 May 109% Feb. 107% May 68 22 % July 8 July 24 Sale 107 M 22 5 79 Sale > 54 M July 6 85 80 M 79 M Sale Sale Collateral trust gold 4Ms-- —1946 5s equip trust ctfs 1944 Collateral trust g 5s 1954 Collateral trust 4%s_ 1960 2,000 lACarolina Central 1st gu g 4s._1949 10,000 Garo Clinch & Ohio 6s ser A 1952 21,000 Carriers & Gen Corp deb 5s w w.1950 For footnotes see page 30. 3 3M 82 Sale 113M 39' 84 89 103 M 103 Sale July 110M July 113 July 94 M July 105 July 111 July Sale 43 M 64 M 61,000 1 ACentral New Eng 1st guar 4s.-1961 66,000 I ACentral of N J gen g 5s 1987 11,000 AGeneral 4s 19*7 28,000 Central N Y Power 3Ms 1962 103 Sale Sale Illinois Light 3 Ms 109 104 76 M Sale Central 75 July 19% July 6M' July 108 July 80 M 80 M 61 pur money g 4s_ 40% Jan. 68 35M July 3M July 4 July 66 M 79 M 69% 65 M July Sale 39 M Sale 39 July 53 54 08 50 M July 103 104 M 103 July 73 M 78 72M 69 M July Sale *Mobile Div lstg 5s_ 54% July 22 31 3 4M 107 M AChat Div. 37% May 21 July 106 107 M 105 M 7,000 44,000 Central Foundry 1st mtge 6s -.1941 ^ General mtge 5s -.1941 Cent Hudson G & E 1st & ref 3%.'65 Sale Sale Sale 112 112M 113M 96 M 94 M 95% Sale 105 M Sale 106 M Sale 111 111M 111 H 111M Guaranteed g 5s --.1970 Guar gold 4Ms June 15 1955 Guaranteed gold 4Ms._ 1956 97,000 Guaranteed gold 4Ms ---1951 89,000 Canadian Northern guar 6Ms. 1946 248,000 Canadian Pac 4% deb stock 21,000 108 107 M 102M Sale 112 Sale 1.000 22 75 45 72 M 22% 6M 111 36 5 O ACertificates of deposit 3,000 Bush Terminal Co 1st 4s .1952 24,000 Consolidated 5s 1955 41,000 Bush Term BIdgs 1st 5s gu_ 1960 62,000 Calif-Oregon Power 4s. 1966 19,000 Canada Sou con gu 5s ser A____1962 70,000 Canadian Nat gold 4Ms -.1957 101,000 Gu iranteed gold 5s Julv 1969 84,000 Guaranteed g 5s-__Oct 1969 2,000 35,000 19,000 5,000 54% July 2 103 9 32 F 1947 MN Debentures gold 5s. 1950 lsr lien & ref. 5s series B 1957 6,000 Buffalo Gen Elec 4 Ms ser B 1981 Buffalo Niagara Elec 3 Ms ser C_ 1967 tBuffalo Rochester & Pittsb'gh Ry— 46,000 53,000 59,000 60,000 2 45 MN 35,000 to Nov 1 1946) due 4,066 *tiBurl Ced Rap & Nor 49% 1961 70,000 ^ Sale 43% 1960 _ 289,000 Sale 1 made 1961 1st mtge 4s series RR 50 54% 36% May 21 42% July 19 41% Jan. 16 1955 MN Inc mtge. 4 Ms series A. 341,000 July 1970 5,000 t iBoston & N Y Air Line 1st gu 4s '55 56,000 Bklyn Edison cons mtge 3 Ms 1966 HBklyn Manhattan Transit 4 Ms 1966 "31666 Brooklyn Union El 1st 5s -.1950 92,000 Brooklyn Union Gas Co 1st g 5s 1945 21.000 45% Sale (cash election made 1955 MN made by holder Ms series JJ_ 4 Ms 215,000 52 1955 MN 54% July 22 45 July 22 78 M July 31 June 73 % June 8% Jan. 26% Apr. 4 May 1% May 1 % June 4% July 4 May 90 June 70 July 106 May 109% June 37 May 12 May 10% May 105% May 107 Jan. 105% Jan. 103% Jan. Apr. Apr. 11 Mar. 26 79 Apr. 45 May 109% Jan. 100% Apr. 45% Apr. 90% Jan. 19% Apr. 30% Jan. 7% Jan. 3% Jan. 3% Jan. 8 8 Jan. Feb. 6 14 23 11 5 11 3 9 5 2 4 16 1 4% May July 11 79 July 31 100 109 Jan. 5 111% May 16 54 Apr. 13 4 20% Jan. 18 110 Jan. Jan. 3 5 August, 1940] Sales in Cent Pac 1st ref guar g 4s -1949 Through St L 1st gu g 4s 1954 Guaranteed 5s 1960 Central RR & Bkg of Ga 5s 1942 Central Steel 1st bink fund 8s___194i Certain-teed Prod s f g 534s A--1948 Champion Paper & Fibre— 58,000 S f deb 4 34s (1935 issue) 1950 16,600 S f deb 434s (1938 issue) 1950 Chesapeake & Ohio Ry— 54,000 General gold 434s ----1992 Ref & impt mtge 334s ser Ref & impt mtge 334s ser Ref & impt MS 34s ser F Potts Creek Br 1st 4s.., 244,000 133,000 93,000 ------ Ask 58 2d con gold Warm Springs 87,000 97,000 79,000 10,000 185,000 52,000 14,000 362,000 21,600 2,000 19,000 24,000 2,000 110,000 6,000 44,000 15,000 13,000 391,000 412,000 33,000 6,000 m S 124 4s 99 M 99 M 107M 1949 1949 1949 1958 B—May 1966 4s—1956 * 15-year secured 634s & ref g 5s May Alst & ref 434s stamped.May Alst & re 434s ser O May AConv 434 s series A Alst 18,000 265,000 35,000 * 95 M Sale 93 M Sale 96 M 88 71.000 goid 434s series 6,000 95 Sale Sale 100 Sale 76 % Sale 84 H Sale 123 122 81 Sale 118M 12M Sale Sale 94 M 25M 17 M 14M Sale Sale 83 122M 13M 14 1434 Sale Sale 16 Sale 17M 17M 17 H 14 6 5M 5M 8M 60 16 1534 5M 534 58 M 23 M 67 56 25 21M Sale 23 21 21 24 M 24 M 26 M 25 H 21M 27 Sale 22 Sale 23 26 27 M 21 7M O 2 Sale MN 13 M N 13 M 16 15 17 H 9M 9M 9M Sale n d 9M 1 116M July 14 14 16 Sale Sale 2 6M 5M 3% 5M 4M 1M D 70 67 J D ' 80 60 51 62 M J J 90 M 8JM Sale 493-s Sale 12 M 13" A Sale 12M 7 Sale Sale 5% Sale 1H 47 13M 12M 634 534 634 5 134 Sale 24 2434 Sale Sale 17 Sale 934 Sale Sale Sale , 1 48 M 1434 13 Sale Sale 734 634 134 45M 50 51 43 103 105 41M 105 51 Sale 45 Sale 109M 10834 Sale Sale 10634 Sale 100 M Sale 90 M 9034 Sale 90M 92 90 9134 Sale 44 4234 Sale 41M 107 H 105 49 41 105 108 10434 9934 9034 90 4234 July July July 108M 109 109 M 103 M Sale 107M July 10734 Sale 109M 110M 10834 11034 10934 July 103 M 103 108 M Sale 107 J D J Div 1st g 4s 1991 coll trust g 48-1990 MN\ Col Div 1st g 4s 1940 M 5 J 47 St Louis Div 1st 66 Series B gu 1942 1942 1948 1950 ---1977 334s Series A gu 434s Series C gu 334s— Series D gu 3348 General 434s series Gen & ref mtge A 434s series "2,660 5s series B guar 1st s f 43^8 series C_ Coal Riv Ry 1st gu 4s Colo Fuel & Iron Co gen a f 1st s f g 100.000 Lt 4s 69 72 74 52 Sale 46 45 49 65 65 67 105M 105 29 3 16 9 1 24 26 24 9 12 14 15 14 16 M 8 34 8 34 8 34 234 49 14 13 6M 5 34 634 5 134 75 48 23 23 25 51 43 105 June 25 1534 May 21 1634 May 22 18 May 22 17 May 23 1534 May 21 3 34 June 7 .1 May 24 10 May 22 10 May 21 12 May 15 1134 July 6 1034 May 21 13 34 Jan. 26 1234 May 18 6 May 28 6 May 22 534 May 21 134 May 21 69 July July 106 M July 100 M July 10434 10834 July 10734 July 5834 July 71 July 48 July 46 July 6434 July May 17 May 22 6 10034 June 9934 July 23 103 104 11 June June 1 May 22 30 10834 July 23 11034 July 5 12 3634 1234 10534 10934 8 10934 July 30 10734 Mar. 110 July 10634 Feb. 10034 July 9534 May 9534 Mar. 59 Apr. 13 34 Apr. 11034 May 11134 Apr. 10434 June Feb. 27 May 25 July 23 11 17 23 31 3 9 6 27 4 4 5 107 8 10734 July 2; 69 July 31 5 7234 July 8 1 52 34 July 31 49 July 22 16| 65 3 June 11034 Feb. him May 2 Feb. Feb. 2 51 June 69 June May July 7934 Jan. 5434 Jan. 5134 Jan. 31 70 37 67 24 3 4 4 29 4 29 4334 June 50 June 100 Mar. July 19 8 25 10578i July 10734 July 15 105 M July 25 10734 July 10534 July 11 10534 July 11 10534 July 10934 Feb. 10578j July 10434 100 Jan. 27 4 1934 Apr. 3 18 Apr. 4 834 Apr. 4 734 Apr. 1 834 Apr. 3 734 Apr. 2 234 Jan. 8034 Apr. 18 4 67 Jan. 5134 Apr. 12 26 6334 Feb. 3 54 Apr. Jan. 87 5 8 4 49 June 87 Jan. 2 8 1834 Mar. 30 1 1834 Apr. 3 1934 Apr. 16 Feb. 20 8 2034 Apr. 3 1134 Apr. 4 1134 Apr. 3 1134 Apr. 3 4 Jan. 4734 Feb. 13 48 May 17 40 May 22 23 30 16 4 July 31 Jan. 16 3 Jan. 3 100 May 6 3034 Apr. 21 Mar. 15 20 Apr. 3 1834 Apr. 6 1034 Mar. 13 1034 Mar. 14 62 May 8 1 2834 Apr. 8 2734 Apr. 4 2934 Apr. 4 2934 Apr. 4 3034 Apr. 734 Mar. 8 3 234 Jan. 9 18 Apr. 1834 Mar 30 3634 May 24 934 May 22 1034 June 13 4 May 21 334 June 11 4 34 May 21 334 May 23 1 May 21 July 30 July 19 July 19 July 19 July 30 July 24 July 24 July July 11 17 24 31 91M July 15 92 July 6 45 July 15 110 21 21 15 11 21 21 53 July 9 July 10 July 9 July 30 July 12 July 12 July 12 July 2 July July July 19 Jan. 19M May 12M May 12M Jan. 12 34 Jan. 334 May 3 34 May Jan. May Jan. Apr. May Jan. 10034 Jan. 11034 Jan. 10834 Jan. 105 106M 108 102 B_i98j 109*4 Sale MNi F p A 102 ?4 J 104M 10734 July 8 11 10634 Jan. 24 10934 Feb. 24 A t O 80 O o D 105 A 105 M 70 Sale 33*4 Sale 104 M Sale 104 M 103 M Sale MN J 84 N 81H Sale 74M O a MN A ---■ Sale o O J A O 110 P A 111M 1965 MlVj Apr 1 1969 109 109 M 105 • 10634 102 7534 7934 7034 6834 82 79 83 34 8034 Sale 74 7134 Sale Sale Sale 67 6534 10634 10434 10234 10434 10334 104M 75 70 M 72 M Sale 2834 2534 Sale 2534 Sale 104 10434 Sale 10334 105M 10434 10434 Sale" 10434 Sale Sale 113 11234 10734 105 10734 10834 10934 107 6854 July 80 July 7154 July 65 34 July 2 11 3 1 7734 July 23 8234 July 25 7534 July 17 70 July 11 66 72 64 5634 106 34 103M July 16 103M 70 July 24 74 2534 July 27 2834 1 105 M 10334 July 5 106 104 July 5 10534 104 July 113 1H13 July July 16 July 30 July 8 July 16 July 23 July 13 July 1 10234 65 2034 9934 99 9734 113 11034 106M July May 3934 Sale 37 M July 1968 j n 11034 10934 111 12234 12034 Sale 9034 88M Sale 10934 July 120 July 88 M July 27 10834 July 25 40 July 2 18 106 83 3734 July Jan. 90 Jan. 82 Jan. 74 May May May May May June May May May May May July May May Jan. 108 10634 7534 3434 10534 13 11 3 19 May 15 Jan. 22 May 10 Jan. 4 16 23 10534 Apr. 19 8 11434 Apr. 11034 Apr. 27 3 10934 Jan. 106 25 July July 40 July 18 Commonwealth Edison Co— 1st mtge 334s series Conv deb 334s I 85,000 483,000 57,000 Conn He Passum Rivs 1st g Conn Ry & Lt 1st g 434s ~ --1958 4s.._i943 — .1951 Stamped guar 434s 2", 000 34,000 Conn River Power s f 3Ms 53,000 Consol Edison (N Y) deb 3 3 Ms debentures 82,000 3M8 debentures — 81,000 3Ms debentures 100,000 AConsol Hydro-Elec 1951 A.__196J Ms.-1946 1948 1956 --1958 Wks of Upper 1956 Wuerttemberg 1st 7s j X j ADebenture 4s 7,006 Consolidation Coal s f 5s 5,000 Consumers Power Co— 1st lien & unif mtge 1st mtge 3Ms 1st mtge 3Ms 1 3Ms 1st mtge 3Ms—-----1st mtge 3 34s 1 109M Sale 128 M Sale j A j r 80 1087 T a I 109 X o 106 H A a r O O t 7 j n p Sale Sale 106 M Sale 106 M Sale 108 M Sale 11 j j 1956.7 j 1960 j j\ 1965 mn 1967 MN 1970 MTV ---1966 MN 1969 m N For footnotes, see page 30. 92 108 % 109 a deb 3 Ms-1951 j ^Consolidated Ry deb 4s 1954 j ADebentures 4s J&J 1955,7 195,000 Consolidated Oil conv 5,000 19,000 92,000 33,000 74,000 57 M Sale 65 107 M 1973 a 1977 a 1945 r 5s.-1943 X, Corp— Inc deb reg w w 27 75 Sale Sale A 1st ext 4S--1955 187,000 Columbus Ry Pow & Commercial Mackay 44 M 86 80 J a5s income mtge --1970 26,000 125,000 Colorado He Southern 434s ser-A-1980 270,000 Columbia Gas & Elec deb 5s May 1953 Debenture 5s Apr 15 1952 29,000 Debenture 5s Jan 15 1961 278,000 2,000 Columbia & Hock Val 1st ext g 4s '48 Columbus & Toledo 51M Sale 48 108M 10834 105M 10634 10734 10734 109 43,000 Clev Short Line 1st gu 434s_---l961 A 30,000 Clev Union Term 1st gu 534s A-1972 a 109,000 66,000 57 M 65 Sale 24 30 19 9934 10034 J 25,000 Cleve Elec Ilium 1st M 3348---1965 A 1,000 Clev & Pitts gen gu 434s ser B--1942 5,000 109 M* 64 M '53" J 31 July 11 11 108 M D 3 17 July July July July July July July A Spring & Jan. 734 May 21 1634 98 9034 May 31 93 M June 11 102 34 83 May 22 93 71 June 8434 75 May 24 90 117 June 12 12234 1934 1034 May 23 1934 10 May 21 67 48 D 108 M 109 75 60 19 4134 July 1234 July 12 July 534 July 354 July 534 July 434 July 134 July 73 July P A 29 1134 July 14 July 14 July 1434 July 734 July 7M July 734 July 134 July J Cin W & M 113 34 June 65 51M "42" Sale 80 73 40 52 106M 106M 107 M Sale 101M 105M J 66 9 61 54 M '43" Sale 834 8M 8M 4M 6M 5M Sale 2M Sale, 21 July 2034 July 2134 July 22 July 2234 July 434 July 134 July 12 M July 12M July 4s 1942 MlVj Union Terminal— guar 3 34s series D—1971 AfN. 12,000 10,000 15 15 109 July 3 6M July 13 6M July 12 60 July 19 23 M July 31 21 July 19 23 34 July 30 24 July 30 2434 July 31 534 JUly 17 134 July 3 13 34 July 17 13 M July 29 30 60 13 15M 11M 12M 7M 7 14M D F 15 14 11734 Feb. Apr. 22 110 Feb. 19 1434 17 M J 3 34s ser E—---1969 Clearfield & Mahon 1st gtd g 5s -1943 1993 50,600 O C C & St L gen g 4s General 5s series B—__ 1993 26,000 Ref He impt 434s series E 1977 372,000 Feb. 103 14 3 July July July 5 27 12 • July 5 14 15 41 % 12 J 1st mtge guar 24 29 21 21 15 94 11 July 97 28 M July 16 July 14 Sale 12 2 6 1734 1734 634 634 6334 1st mtge 334s Cin l<eb & N 1st con gu g 1st mtge July July July Jan. 12634 10034 10034 10734 May May May May 94 July 6 96 July 17 101 July 17 90 July 16 80M July 22 8734 July 22 12234 July 31 1434 July 31 «iUly MN Cincinnati 118 13 July July July July July liChoc Okl & Gulf consol Cine Gas & Elec 1st mtge 28,000 1,000 24 27 29 30 1434. July 134 Sale 1234 Sale 13 11*4 5M MN 5 19 54 X 5 2434 9M 45 H 13 H M S, 21 7M Sale 3% Sale iiVA 4M Sale m Sale u 12M 16 11M 14 Sale 13 16 j§ 28 M 9M 14M 15 M Sale m S j j j 13 M 14% 18 H Sale 95 28 14 Sale 5s—1952 334S-1966 --———-1967 126M July 10034 July 100M July 107 July 2 3 1 2 12234 July 1234 July 12 July 92 July 2534 July Sale Sale 21M A Sale Sale 14 "7M Sale 86 Sale 11 88 Sale 88 M 80 Sale 58 M 23 h 34,000 Chic T H & S'east 1st & ref 5S--1960 J D Income guar 5s Dec 1 I960 M S 3,000 Chicago Union Station— Guaranteed 4s 1944 A 5,000 71,660 Sale 11M 93 34 96 M 86 34 7634 J 1st mtge 334s series E 1963 117,000 334s guaranteed 1951 40,000 1st mtge 334s series F —1963 32,000 91,000 Chicago <Se Western Indiana 4s—1952 1st & ref mtge 4348 ser D-—1962 22,000 1943 68,000 Chaos Co deb 5s 10134 June 20 10614 Feb. 21 102 May 21 10434 Mar. 14 July 106 Sale J 1951 Memphis Div 1st 4s l'.ooo July July July July 114M July UM 12M J 1960 --1951 15 1951 " 115M J A--—-1952 ACertificates of deposit 23,000 AConvertible gold 434s 65,000 14,000 Chic S L & N O gold 5s Gold 334s June Sale Sale ACertificates of deposit — Aliefimding gold 4s -—-1934 Jn ACertificates of deposit---1 •ASec 24 105 102 100 M 89 ivr n\ *t AChicago Rys 1st 5s stamped Feb 1 1938 25% part paid—1927 p A 42,000 j 92,000 t AChic R I & Pacific gen g 4s—1988 j 160,000 Sale 11 J 1936 2037 2037 2037 1949 114M 5 4 3 Jan. 3134 June 10 54 5134 July 18 6234 Jan. 18 4 108 July 12 1121!! Jan. 9 8234 May 65 May 21 103 34 July 104 M Sale Sale 104 July 104M 103M 103 Vs 102M July J Jan 1 2060 334s —1987 1987 a ----- Sale AStpd non payt Fed inc tax-1987 MN\ AStpd gen 434 s non-pay inc taxl987 MN\ AGen 5s stpd non pay inc tax_1987 MN\ AGeneral 434s stamped 1987'mtv 19,000 25,000 2,000 34,000 42,000 42,000 40,000 76 1 18 12 2 Sale Sale Prices 73 54 Jan. 66 Apr. 57 M June 26 59 July 17 17 17 18 18 ~ 31 109 Sale Sale j j P gen g 4s ser A. 1989 AGen g 3 34s series B—May 1 1989 AGen 434s series C May 1 1989 AGen g 4 34s series E—May 1 1989 AGen 4248 series F—May 1 1989 t AChic Mil St P & Pac mtg 5s ser A'75 adj 5s ----- 42M July 54H 5134 July 109 108 July Sale 71M July 6534 July 59 July 46M July 5134 July 10834 July 76 July 1 17 --- 1 AChic Mil & St AConv 45 M July July 121M 122M 12634 126M 122 97 M Sale 100M Sale 9734 100 97 Sale 97 100M 105 105M 106M 107 10534 125 16 a 0\ j j j j m S p a p a a 0 a 1st & gen 6s series Chic Indiana & Sou 50-yr 103 59 Sale Prices Sale Prices Sale Prices 58 66 1 Highest Lowest Highest 103 Illinois Division 4s General 4s 79 1st & ref 434s series B_1977 85 1st & ref 5s series A 1971 117 AChic & E 111 1st cons g 6s—1934 J AChic & E 111 Ry g 5s 1951 MN 19 18M ^Certificates of deposit Chic & Erie 1st gold 5s 1982 mn 83 tAChic Gt Western 1st 50-yr 4s_1959 jyj 51 24 J AChic Indianap & Louisv rf g 6s 1947 j j 11M iRefunding gold 5s ser B 1947 j j 12 ^Refunding 4s series C 1947 j j\ 12 6M list & general 5s series A- —1966 MN J AChic & No West gen AGeneral 4s 104 Ask Sale 60 Sale 72 Lowest 64 108 108^32 109 j\ j 111M 118 j 103M 5s-1941 m S Valley 1st g 42% 104 M 104 M 102 M 105 1989 j 1989 j Sale 59 M Sale 54 M — M S M 5 1946 j 20,000 AChic & Alt RR ref g 3s 77,000 Chic Burl & Q 111 Div 334s 167,006 _ July 31 Ask Bid Bid 71H Sale ! 67 51M Sale 58 Sale 1121it 112 M 75 Sale F A a 0 p a MN M1V m S D__1996 MN E--1996 p a 1963 j D 4s R & A Div 1st con g 13,000 July 1 1940 Bid S 100,000 1,000 248,000 5,000 8,000 91,000 RANGE SINCE JAN. JULY Jan. 2, ir EXCHANGE N. Y. STOCK Value PRICES IN Price BONDS July c 105 M 11 106 34 May 25 124 10934 8834 11534 10834 12 July 9034 July July July July July July July 17 105 11 17 61M 57 -- — Sale 19 19 1 834 6334 109 105 July Sale 19 19 13 July 16M 61M July Sale 1 106 10734 10734 Sale 10834 10834 111 109 10934 Sale Sale 107 10734 10734 107 34 109 10734 107 M 10834 10734 Sale 108 M 106 ----- 108M 10934 108 111 10934 Sale 10534 1234 1234 1234 62 M July 110M July 106 34 July 10734 July 106 34 July 10834 July 3 25 July 3 1434 July 10 19 63 M July July 121108 July July 30,10934 July 110 M July July 10834 July, July 108 M July July 11134 Apr. 15 13034 Apr. 13 9034 July 24 119 Apr. 26 110 May 4 11034 July 12 5 107 34 Jan. 4 10834 Apr. 6 10734 Jan. 5 10934 Jan. May May May May 107 May 10334 May 104 34 May 103 May 10534 May 108 14 Sale 58 M 109 H 106 M 92 10834 109 10834 10834 10934 109 M 10934 104 10534 10634 104M Sale 10634 10634 10634 106 34 Sale 105 10534 Sale 10534 Sale Sale 10634 Sale 108 108 1234 1234 1234 11 Sale 24'110 34 July 1434 Mar. 23 14 Jan. 5 7 10234 May 15 10654 May 19 Apr. 17 11 June 14 1834 Apr. 15 13 June 25 9 1834 Apr. 11 June 14 6 May 5534 Feb. 29 65 10434 May 105 May 106 May 10234 May 10434 May 28 21 21 22 22 10934 11034 11134 10934 Jan. 27 Apr. 25 May 4 Apr. 3 110 May 7 24 n. y. stock Sales in exchange—bondc PRICES IN JULY Price July BONDS Value n. y. stock exchange Jan. 2, 1940 "jS % Bid 260,000 Continental Oil conv deb 2 Ms. .1948 J 64,000 Crane Co s f-deb 3 %s .1951 J 15,000 Crown Cork & Seal s f 4s .1950 M 25,000 .1948 J S f 4%s debentures --- 117,000 Crucible Steel 4%s deb ser A__ 153,000 Cuba Northern Rys 1st 5%s__75,000 Cuba RR 1st 50-yr g5s 22,000 7%s series A extended to 10,000 6s series B extended to— — July 1 Ask D 108% D 104M Sale 105 105% 102M Sale N J .1948 103 .1942 Sale 103 M 29M Sale 38 .1952 .1946 Sale Sale Sale 44 M 32 M .1946 235,000 Dayton Pow & Lt 1st mtge 3s--1970 J J 376,000 Del & Hud 1st & ref 4s 1943 M"N 62 M Sale 1,000 Delaware Pr & Lt 1st M 4 %s-._ 1971 J J 109 110 6,000 1st & ref 4 3^s 1969 J J 105M 106 1,000 1st mtge gold 4 %s 108 M Sale t 118,000 t*iDen <x Rio Gr 1st cons g 4s__1936 J J 9M Sale 2,000 ♦iConsol gold 4%s 9 10 M .1936,7 J 19,000 t ADenv & R Gr West gen 5s Aug 1955 F 2M Sale 34,000 iAssented (subject to plan)----2M 3 109,000 iRef & imp mtge 6s ser B 1978 A O 6M Sale JiDes Moines & Ft Dodge 4s—1935 2,000 Certificates of deposit >7 J 3M 4 J iDes Plaines Val 1st guar 4%s_1947 M S 49% — July 31 Bid Ask Bid 105 M Sale 107 103 104 104M Ask 104M 6U 104 Sale Sale V 1 % 2M 2 1% Sale 6 5M 102 M June 37 M June 4M July 3 iSecond gold 4s Detroit Term & Tun 1st gu 1,000 Dow Chemical deb 3s ~~9~,666 Duluth Missabe & Iron F A A O M 5 J D —1995 J D 4%s 1961 MN - 1951 J 98 100 108M Sale 111M Sale 106 % 108 108 M 109 25 M 109% 40 92 30 35 18 96 M 105% 107M 105% 106 106 M D O J 1965 Light 1st M 3%s Sale 17M 107M Sale 108 --1965 90,000 t AErie RR 1st con & prior lien 4s 1996 184,000 Alst consol gen lien 4s 1996 39,000 AConv g 4s Series A 1953 1953 1953 a4s series B 13M 109 Eastern Ry M No Div 1st g 4s_1948 A O Eastern Tenn Va & Ga 1st g 5s. 1956 MiV Ed El 111 N Y 1st cons g 5s 1995 J J Electric Auto Lite conv deb 4s__1952 A El Paso & S W 1st & ref 5s. 1965 O 5s stamped 68,000 12,000 427,000 357,000 48,000 29,000 3,000 Sale 107 M 109M 109M 30M Sale . 45 July July July July 13 108 % 29 111M 17 110 30 M 15 O J J 105M 106M 91 91M 105 M 91 140 136 M 147 106 M Sale 93 Vs 96 M 93 105M 106 106 108 Vs Sale 59M Sale 57 95% 54% O 24 Vs 23 M O 19 57 95 54 M Sale Sale July July if* 17% Sale 17M Sale 53 H 55 M 49 aN Y & Erie RR ext 1st 4s_„ 1947 M N 90 ♦i3d mtge 4%s 1938 M S Ernesto Breda Co 1st mtge 7s—1954 F A 20,000 Fairbanks Morse deb 4s 1956 J D 3,000 Federal Lt & Tr 1st s f 5s .1942 M S 5s International series 1942 Af S 13", 000 First lien s f 5s stamped 1942 M S 16,000 1st lien s f 6s stamped 1942 Af S 96 % 149 107 Sale 105M July 91% July July 106 M July 146 59 50M 50 M 95M 63 60% 25 M Sale 6 3 July July July July May 106 Jan. 6 §* 4 Feb. 1 49 M June 22 107 H May 2d 21 21 21 19 110H Jan. 2 111M June 21 conv 4s Series D "2",000 19% 14 Sale 12 Sale Sale 10M 10M 12 Sale 64 % Sale 108 103 52 61% 50 56 70 71M 92 M 55 98 107" 14 97 94 Feb. 20 40 H Mar. 12 25 y8 Apr. 12 101 Jan. 11 Apr. 107^ May 4 8 26 5 17 108% May 8 13 30% Apr. 11 106M May 21 109% Jan. 2 17 105% July 2 93 July 17 23 27 141 Feb. 16 104 May May Apr. M May M June h June May 19 149 July 107M July 105 M May 12 Jan. 105 June 17 107% May 90 H Mar. 14 95 May -62 26M 21 21 July 30 July 19 July 10 July 9 July 16 July 17 July 17 July 19 July 31 July 22 44 17 13 14 July 21 10M July 10M July 12M 12H 55 63 58 July July 94 July 97 97 73% 60 July 107% 107M 106 % 107M 106 July 102 101% 103 103 M 102M July 60 18 60 60 2 Jan. 3 26 Feb. 3 Apr. Apr. 26 Apr. Jan. 15 15 15 15 Jan. 3 Jan 3 18* 8M June 8"M June 18 44 June 52 .Tune 17 92 Feb. 8 100 May May May Mar. 106 Jan. 59 63% May 60 July 108 M July 103 July 6 Mar. 11 110 102 71M 6 9 149% Apr. 75 AGeu 4 9 18 107 M July 22 3 July 29 108M July 55 20 Jan. Apr. Mar. 1 June 19 50 113 88 May 105M Feb. 51 20 May 16 11H Apr. 3 11X Apr. 4 3X Jan. 24 109 M May July 8 109 H 108 % May 30 M July 94 M July 12 106 July 24 July 19 M July 19M July Sale 3 6 56 20 18% 18 % O M 62 24 **Ref & impt gold 5s ser 19271967 Af N *iRef & Impt 5s series 1930..1975 A O AErie & Jersey 1st s f 6s 1955 J J AGenesee Riv RR 1st s f 6s—1957 J J 93 146 Jan. 25 107% 108 92 109 5M May 5M May May 1M May 4 May 25 107 M 107% 107 Sale July 21M 20M 22% 19% July Sale 106 M 107 h 106 M July 18 June 106 M Feb. 4M July Range 32,000 Ry 3 Ms 1962 A 111,000 1* aDui So Shore & Atlantic g 5s. 1937 J 140,000 Duquesne 53,000 11,000 15,000 44,000 110 110% Sale 110% 113 40 54 % 22M 35M 105H July 63 K Jan. 107 104 Detroit Edison— 126,000 Gen & ref 4%s series D—_ —1961 126,000 Gen & ref mtge 4s series F. .1965 13,000 Gen «fe ref mtge 3%s series G-1966 1,000 Detroit & Mack 1st lien g 4s 1995 1 Highest I Sale Prices Sale Prices July 24 I103M June 6 110H Jan. II July 9 102M Apr. 29 105M Apr. 5 July 30 104 May 21 107 M Apr. 15 99 M May 22 104M Apr July 22 5 July 9 101 May 31 105 M May 2 15 July July 29 31 8 Apr. 23 July July 26 40 1 Apr. 20 July July 29 46 Jan. 4 19 July July 31 35 Mar. 29 10d% 6% July 7 July 1M July 1M July 4% July 8 104% 106M 104M 105 M 25 M 28 M 32 M 28M July July 107M July 105M July 106 M July 8 July 7M July 2M July 2 July 6M July 107 M 107M July 104 105% 104M July 106M 106 M July 3M 49M 49M 108 3 11 3 16 29 26 29 31 July 48M Aug. Sale 49M 104M Sale 10dm 7 % Sale 6M 9% 1M 2% 1M 1% 4M Sale 104 July July Sale 105 M July Sale 102 July Sale 104 % July Sale 15 July 23 21% July 25 20 July Sale 19 July % 104% Sale 104 Lowest Sale Prices 105 Sale 104M 106 M 106M 102 103 % 104M 105 104% 23 H 16M 24% 26 39 16% 20 32 M 31% 2o 19 26M 107 M Highest Sale Prices Sale 100 M RANGE SINCE JAN. Lowest 64 Apr. 15 71% July 31 97 July 22 98 Mar. 28 108% July 16 105 102% 98 103 103 H 104 104% 12,000 30-year deb 6s series B 1954 J D 101M 103 102,000 Firestone Tire & Rubber 3%s.-1948 A O 105M Sale | AFla Cent & Peninsular 5s 1943 J J 43 % 51 ~8~, 660 tFla East Coast 1st 4%s 1959 J D Sale 53 160,000 Alst & ref 5s series A —1974 M S 8M Sale 29,000 ACertificates of deposit Sale 8 AFonda Johns & Glov ref 4 Ms 1952 Proof of claim filed by owner MiV 8 *i(Amended) 1st cons 2-4s___1982 Proof of claim filed by owner— MiV 2 3 % 5,000 ACertificates of deposit 2M 2VS 5,000 F jrt St U D Co 1st g4%s__ 1941 j'j 100 M 103 M 2,000 Francisco Sugar coll trust 6s 1956 UN 48M 53 M 102 103 100% 103 102 July 30 103 8 102 M 100 100 103 M 103 H July 26 104 Sale 12 100 101 May May Feb. 9 Mar. 26 104% Feb. 8 104% Mar. 15 11 101 30 99 June 104% Apr. 26 103 101 — Gas & Elec (Bergen Co) 5s 1949 d 122 48,000 Gen Amer Investors deb 5s ser A 1952 A 104 28,000 General Cable 1st sfg5%s A._.1947 .7 101 101M AGeneral Elec (German) 7s 1945 J 24% Sale ADebenture 6%s T.666 -.1940 J D 27 % 35 AS f deb g 6s_ ..1948 M N 24 H 40 General Motors Acceptance Corp— 44,000 115-year debenture 3 Ms. 1951 Sale 106] 173,000 Gen Steel Castings 1st 5Ms w w.1949 Sale 69] 1,000 |AGa & Ala 1st cons 5s Oct. 1945 13 1,000 ;*iGeorgia Caro & Nor 6s 1934 15 AGood Hope Steel & Iron sec 7s. 1945 18M Sale ... }?* 220,000 Goodrich (B F) Co 1st M 4 Ms..1956 j D Gotham Silk Hosiery deb 5s w w.1946 Af S Gouv & Oswegatchie 1st 5s 1942 J D 2,000 Grand R & I ex 1st gu g 4 Ms Grays Point Term 1st gu g 5s 37",666 Gt Cons El Pow (Japan) 7s 1st & gen s f g 6 %s 41.000 Great Northern Ry— 1st & refund 4 Ms series A 55,000 Gen mtge 5Ms series B 163,000 Gen mtge 5s series C 180,000 Gen 4Ms series D._ 84,000 Gen 4Ms series E 250,000 Gen mtge 4s series G_ 656,000 Gen mtge 4s series H 496,000 Gen mtge 3 Ms series I 165,000 1,000 AGreen Bay & West deb ctfs A Alncome debenture ctfs B 22,000 Greenbrier Ry 1st gu g 4s 1941 1947 105 M 91M Sale 93 1961 1952 1973 1976 1977 1946 1946 1967 J 72 J 105M 105M 99 M Sale 89 90 M 81M Sale 82 M Sale J 103 J J J J J Feb Feb 1940 MiV Gulf Mob & Nor 1st 5 Ms ser B.1950 A O 1st mtge gold 5s series C .1950 A O Gulf & Ship Island 5s stpd 1952 J J 112", 606 Gulf States St'l 1st mtge 4Ms-.1961 A O 15,000 Gulf States Util 3 Ms series D 1969 AfN 90 M 73 M Sale Sale Sale 58 64 8 9 85 Sale 34,000 82 M Sale AHarpen Mining 6s Hock Val 1st con g 4Ms Hoe (R) & Co 1st mtge t*AHousatonic RR con Houston Oil 4 Ms debs For footnotes 85M 99 108M J Sale Sale 119 78 ----- 15 J 1944 A O g 5s...1937 MiV 1949 1999 see page 1954 AfN 30. 101 3 2M 2. 3M 2 M M " 102M 101 62 48 M 46 97 M 99 Sale 104 101 105 25 25 40 104 55 Sale July July July 2 105M July 5M 50 July July 4M July 54 July 6M July 5M July 5 3 Sale 2 M July July 48M July 101 105 103 1 31 31 101 50 31 July July July 27 31 30 July July 2 105 July 2 104 M July 17 31 July 39 32 July 29 20M 103.7 70 103.8 102% 103 M 103 70H Sale 68 Sale 10 u 15 10 9M 18 M 14 9M 12M 14 18M July July July 13 % July 12 103M July 72 July 12 July 13M July Sale 80M 103M 104 82 M 83M 84 95 29 103 102 81M 67 M - 85 70M 80M 76 July 1 104 July 103 Vs 103 July 19 103 83 M 81 85 77M 70 July July 107 M July 100 M July 108 107 M Sale 102 Sale Sale Sale 107M 102 M 96 M Sale 86 M 84 M Sale 86 M 103 M 101M Sale Sale 92 94 M Sale 76 78M 64 61M 61M 6M 4M 75 M 72 14 98 M Sale 81M 78 M 85 M 85M 103 M 101M Sale 108M 109M 110M 120 Sale Sale Sale 73 M 42 M 98 M Sale Sale Sale Sale Sale 64 6M 7 May 24 X July 31 17 3 3 3 May 27 2% Jan. 18 2% Jan. 4 May 1 May 10 24 101 June 3 63 May 24 124% 100% May 16 105 105 99% June 24% Jan. 28% 30 Apr. 34% 26% Jan. 29% Jan. 19 Jan. 5 May 3 3 Apr. 20 Apr. 6 Apr. July 23 107 55% May 24 73 May 10 14 Mar. 28 9 June 13% July 18% Jan. 19 10 8 2 Jan. 10 22% Mar. 12 22 Apr. 5 100% May 15 105% Jan. 77% June 11 91% Jan. 10 20 93 M July 84 July 84 M July 101 91M 75M 61M 4% July July July July July July 19 103 July Jan. July 76M July 3 26 76 103 July July 96 M July 87 H July 87 Vs July 103 M July 96 July 79 July 61M July 4M July 106 83 M 79M Sale 17M 121M 123 76M 79 96 Sale 49M Sale 100 M 101 Sale Sale 1 Apr. 8% Jan. 8% Jan. 5 95 100 93 M 84 55 10017u.Tan. 44 4 Mar. 28 46% Feb. 103 16 102 107 121 20 M 32 102 May 46% Feb. 48 May 4 M May 3% May 2% May 2M Sale Sale 28 25 July July 50 112M 122M 121 122M 100M 103M 104 M 105 102 95 52",606 2,000 16,000 29,000 12,000 63,000 2M l02_ 80 78 84 70 104M 105 39M 33M 49 M 50 53 M 5M Sale 5% 4 % Sale 4% 32 103 104% 1950 104 104 29 25 1944 102 75M July 72 July 101M July 109 July 82 103 M July 110M July 21 21 120 123 July July July 42 M July 98M July 78 July 78 M July July July 80 M July 49 M July 100M July 19 104% Feb. 80 Jan. 9 May 29 61% May 28 104% June 94 May 87 May 77 May 76 May 94% May 88 Jan. 68% June 58 Jan. 4 108% 28 103 22 96% 23 88 88 22 28 105 16 96% 5 12 2% May 21 100% Apr. 22 75 65% 90% 96 106% June 10 June 10 Mar. 14 Feb. 1 May 31 21 Apr. 115 June 25 9 96% Feb. 23 88 Apr. 3 May July 3 10 July 12 2 May Apr. 26 Apr. 30 3 May 80 9 May 8 61% July 8% Jan. 24 100% Apr. 22 87% Feb. 23 6 83% Jan. 90% Mar. 14 103% May 4 7 111% May 21% Feb. 27 5 123 Feb. 23 May 24 80% July 40% May 28 55% Apr. 96% May 28 101 May 18 3 70 1 N. Y. STOCK August, 1940] Sales in 5*8 BONDS July Value sr. Y. STOCK EXCHANGE Price if Jan. 2, 1940 Bid 88,000 9,000 280,000 220,000 14,000 1,000 36,000 89,000 23,000 90,000 28,000 434,000 1,000 Hudson Coal 1st s f5s series A. .1962 J D Hudson County Gas 1st 5s 1949 UN Hudson & Manhat 1st & ref 5s A 1957 F A A O Illinois Bell Telep 3 %s ser B 1970 A Illinois Central 1st g 4s 1951 1st gold 3%s .....1951 A Extended 1st g3%s — -.1951 O a Feb 1957 Adjust income 5s 1st gold 3s sterling Collateral trust gold 4s J O 1951 M S -1952 A O —1955 M N 1952 J J _ - Refunding 4s Purchased lines lst3%s Coll trust gold 4s Refunding 5s 40-year 4%s Cairo Bridge gold 4s Litchfield Div 1st g 3s .1953 UN 1955 UN 1966 F A 1950 -1951 45 % Omaha Div 1st gs 3s St Lou Div & Term g 1951 1951 Gold 3 Ks 1951 Springf Div 1st g 3 %s 1951 Western Lineslstg4s——--1951 34 Sale" 13 % Sale 111% 112% 89 91 86% 86% 68 37% 46% Sale 48% Sale 41% 43% 45% Sale ser 11 45% Sale 11% Sale 111% Sale Sale 110% Sale 86 '83"" 20 44 53 85 57 A * 23,000 a 10-year 7% notes.. 9,000 Interlake Iron conv deb 4s. .1932 M a 1947 A O 67,000 X a Internat Gt Nor 1st 6s A 1952 67,000 a Adj mtge 6s series A.July 1 1952 4,000 a 1st mtge gold 5s series B 1956 6,000 a 1st gold 5s series C 1956 179,000 Internet Hydro El deb 6s 1944 94,000 Int Merc Marine 1st s f 6s 1941 140,000 Intern Paper conv 5s series A—1947 466,000 Refunding 6s series A 1955 13,000 Int Rys of Cent Amer 1st 5s B 1972 2,000 First lien &ref 6%s 1947 235,000 Internat T & T deb g 4%s 1952 387,000 Deb gold 5s 1955 9,000 X Alowa Central Ry 1st & ref 4s..1951 52,000 James Franklin & Cleart 1st 4s. .1959 95,000 Jones & Laughlin St'l 1st M 4%s 1961 Sale Sale _ .. ...... 2,000 Kanawha & Mich 1st gu g 4s. —1990 178,000 t*AK C Ft S & M ref g 4s....... 1936 58,000 a Ctfs of dep (Bankers Trust) 15,000 Kan City South 1st g 3s_ 1950 100,000 Ref & Imp 5s... April 1950 179,000 Kan City Term 1st 4s -1960 Karstadt (Rudolph) Inc— 1,000 a Ctfs w w stpd (par $645) —1943 a Ctfs w w stpd (par $925) 1943 a With warrants (par $925) —1943 11,000 Keith Corp (B F) 1st ser g 6s 1946 2,000 Kentucky Central 1st gu 4s 1987 Kentucky & Ind Term 1st 4%s_. 1961 T.666 Stamped -.1961 Plain 1961 4%s unguaranteed 1961 Kings Co Elec Lt & Pow 6s 1997 Kings Co Elevated 1st g 4s 1949 6,000 Kings Co Lighting 1st ref 5s 1954 29,000 1st & ref 6 %s 1954 41,000 Koppers C 4s series A .1951 74,000 Kresge Foundation 3% notes—1950 X Kreuger & Toll class A— 15,000 a 5s Uni.orm ctfs of deposit_.1959 5,000 * ALaclede Gas Lt ref ext 5s 1939 63,000 Ref & ext mtge 5s 1942 93,000 Coll & re 5 % s series C 1953 31,000 Col & ref g 5%s ser D 1960 15,000 Coll tr 6s series A 1942 6,000 Collatera trust 6s series B 1942 100% 61 13% O J J Sale 72% 74 89 90% Sale 14 73 68 Sale Sale Sale 102% Sale 97% Sale MN 81% 84 Sale A J J F A M S J D M S A O A O AO J J J J m Sale 43% Sale 1% 1% 53 Sale 94% Sale 88% 31 28 29% 68% Sale 65 Sale 108% Sale ..... 29% 8 25 24 M S J 101% 106% ioi" 80 O F A 90% 87% 89% 82 A Sale 40"" 65 45 76 65 52 59% 50% 54 42 50 40 106% J 55% 50% 52% '40% 56 104 O 42% Sale 38% Sale 40 July 12 17 41% July 17 70 22 July Sale Sale July "12 41% 38% 19% 99% July July July July 54 July 9% July 106% "59% 58 L05 Sale L03 Sale 10% Sale 95 50% July 46% 43% 19% 99% 59% 16 11 July 12 July 12 July 26 July 10 July 19 July 15 106 105% 106 104% Sale 94 79% Sale 32% 32% 75% 76% 83 84% 8% 9 81 1 Sale 7% 7% 49 55% L02% 9% 9% Sale Sale Sale L03 Sale 74 75 83% 27% 90% Sale 29 Sale 1% 45% 1% #8 78 76 82 * $ 60 . 8% 1 8 7% 47 Sale 55% 85% 90% 101% 101% Sale 98% sill s* 1% 52% 48 Sale 83 26% 25% 59% 87% 28% 39 Sale Sale 66 62 102% Sale 92% Sale 79% 33% 32% 8% 9% 1%. 7% 7% 47% Sale 95 107 105 Sale 82 75 73 90% 86% Sale 26 Sale 27% 1% 1% 54 Sale 48 85% 90 32 July July July July July July July July July July July July July July July July July July July July July July 85 31 97 24 ^ 61% 31% 64 Sale 107% 107% Sale 25 25 10 95 1 106 July 1 104 % July 2 1 2 2 31 2 1 12 30 25 1 94 81 33% 77% 84%. 10% 1% 8% 8 50% 64 19 102% 19 1041«» 9 75 26 86% 12 '28% 10 30% 1% 22 3 55 1 97% July July July July July 6 6 Feb. 17 56 Jan. 6 33 May May 19% July 99% Jan. 54 July 8% June 21 50% Jan. 3 30 21 10 17 1 47 21 7 I" 21 June 13 82 21 June 6 22 2 Apr. 27 July 30 Jan. 11 Jan. 2 18 2 2 Jan. 5 Jan. Jan. 14% Jan. 14% 74% 99 Jan. 23 June 44% Mar. 13 47% Mar. 13 38 14 May 21 May 22 A* 93 May 18 97% July 10 86% 39% 38% 69% 1 June 14 June 11 May 31 July 8 31 18 39% 77% 90% 16% 6 25 July 23 100% July 104% July 18 104% July 10 Jan. 5 Mar. 14 76% Feb. 19 2 99 May 23 103% Jan. 90% May 28 104182 July 18 95 9 Apr. 9 73 July June 84 8 99% July 61 17 13 105% Mar. 19 29 106 Apr. 3 May 15 4 6% June 4 6% June May 28 B* Feb. 13 Mar. 14 25 104% July 6 28 100% Apr. 25 81 21 July 12 5 July 7 May 17 14 65% Feb. 56 July 28% July 28 July 59% July 62 July 106% July 14 78% Feb. 27 65 Apr. 5 Feb . 86% July 22 32% July 16 31 July 16 1 61 July 18 1 66 July 30 18 108 July 19 4 54 104 May 100 May 102% June 22 89 May 12 70 May 12 29 May 30 67 May 10 78 May 12 8 Feb. 10 3 46% Jan. 4 56% Jan. 3 46% Jan. 45 Apr. 23 47% July 12 6 9 July 8 July 6 July July 12 July 16 July 17 1 July July 18 6 July July 26 July 18 July 18 5 July July 18 July 10 48% Jan. 50 Apr. 24 % June 5 50 May 28 50 105 Jan. Jan. 6 10 July 22 Apr. 8 Apr. 4 Feb. 13 3 May 21 68% Feb. Mar. 13 May 23 109 13% Mar. 5 14% Apr. 4 10 100% 100% 100% Sale 106 20 104 106 50 20 70" 79% 92% 70 100 50 92% 90 Feb. 15 50 Feb. June 8 5 75 80 May 14 Feb. Feb. 5 90 80 Mar. 13 85 Jan. 25 150% 172 157 Sale Sale 105 Sale Sale 102% Sale 71 July 3 71 July 3 106 80% 85 45 106% 107% 44 40% 38% 90 Sale 46% Sale 45% 50% 15 50 102 3 100 4 May 24 103% May 104% July 18 107% Jan. 20 68 80 85 107% 104% -44 45 23 22 27 5 23 21 22 58 June 5 62% Feb. 23 18 10 106 85 32% May 34 May 34% May 31% June 40 May 28% May 70 July 53 QQ 9% Sale 45% Sale 43% Sale 39 47% 18 54 88 Feb. 21 22 4 22 112X Jan. Jan. 3 30 27 86% Jan. 20 4 86% May 45 45% Sale 42% Sale 14 Sale 2% Sale 84% 86 80 54 11 18 30 56 172 M S A 47% 150 106 UN July July July July 50 45 102 89 J J 43% 47% 40% 42% 9% May 108% May 86 July 83 May 86 May July 60% 49% 87 156% J MS Sale 40% 10 8 J 51 2 41% July 1 42% July 38% July 26 41 July 16 50% July 10 3 36% July 70 July 22 Sale 91% Sale M S F 12% 42 71% 95 Sale 14 A 86 ----- 16% Sale 1% Sale - 8 Highest Sale Prices Sale Prices 8 22 May 22 37% Jan. 120 June 10 127 Apr. 30 Jan. 24 36% June 10 40 70 - - July 10% July 110% July 86 July 55 76 4%s series C 30% July July 45% Juy 12% July 111% July 124 39 42 43% 45% Sale Sale 42% Sale 40 37% 43 39% 80 60 28% July 24 122% July 83 40 37% Sale 57% Sale Prices 83 83 42 70 60 63 Lowest Highest Sale Prices 29% 123 Sale RANGE SINCE JAN. 1 Lowest Ask 123 Sale D 49 1963 D 45 -.1963 15% —1948 F A 95 W 1st 4s__1940 A O 55 Indiana 111 & Iowa 1st gold 4s..1950 10 lilndianapol & Louisv 1st gu 4s. 1956 Indianapolis Union Ry— Ref & impt mtge 3 %s ser B—1986 M S 105 73,000 Industrial Rayon 4 %s —1948 J J 102% 136,000 Inland Steel 1st mtge 3s ser F...1961 7,000 Inspiration Consol Copper 4s 1952 115,000 lAlnterboro R T 1st & ref 5s—-.1966 74% 111,000 30 *il0-year 6% notes 1932 Joint 1st & ref 5s 28 M July 31' Ask Bid 29 29 Sale 3s Allseder Steel Corp 6s *ilnd Bloomington & Bid 54 111 Cent & Chic St L & N O— 322,000 82,000 1,000 7,000 25,000 8,000 PRICES IN JULY July 1 45 Termg3%s—1953 Louisv Div & 13,000 J 33 % 125 Ask 25 EXCHANGE—BONDS 2% 83% 5 90 84 85 49 Sale 48% 38 Sale 42% 42% 80 Sale 38 106% July 107% July 103% July 102 July 26 24 15 1 107 1% July 84 July 80 July 45 July 44 July 40% July 40% July 20 19 17 5 1 12 19 2 July 23 84 July 19 85 July 49 July 19 49 July 19 42% July 23 42% July 23 72 July July July 1 18 5 94 88 10 15 1 10 5 32 30 July July July July July 30 July 20 30% July July 8 107% July 24 105 July 31 102% July 18 May 22 168 88% Jan. 30 104% 105% May 26 107% Jan. 4 108% 107 100% May 21 106 June 25 102% 101 1% July 20 80 June 13 79% June 18 38 May 21 38 May 28 Apr. 15 May 22 Apr. 6 Apr. 5 Feb. 15 July 18 4% Apr. 90% Jan. 85% Jan. 51% Feb. 49% Feb. 10 18 23 20 16 9 10 33 June 6 44 Jan. 39 Mar. 27 45 Jan. 69% Apr. 4 Jan. 23 79% May 21 80 94 July 31 July 18 July 26 Lake Erie & Western RR— 29,000 5s 1937 extended at 3% to.—1947 5,000 2d gold 5* 1941 34,000 Lake Shore & Mich Sou g3%s..l997 Lautaro Nitrate Co Ltd— 125,000 a 1st mtge Income reg.Dec 31 1975 5,000 Lehigh Coal A Nav 4 Josser A—1954 11,000 Cons sink fund 4 %s ser C. —1954 10,000 I^high & N j Eng RR 4s A 1965 A O M 5 23,000 Lehigh & N Y 1st gu g 4s - -1945 Lehigh Valley Coal— 1944 1954 1954 a5s stamped & refunding 5s 12". 600 2,000 10,000 1,000 3,000 22,000 19,000 21,000 52,000 139,000 16,000 114,000 13,000 30,000 4,000 20,000 14,000 68,000 27,000 13,000 13,000 37,000 a5s stamped A 1st <5t refunding 5s A 5s stamped : AFIrst & a 5s ret - ASec 6% notes extend to a6s stamped — Term 1st 5s tLeh V (N Y) 1st gu g 4%s 4%s asien ed t a Leh Vai (Pa) gen con g 4s Ads assented a Gen cons 4%< a 4M& asse:it< d Gen consol 5s a 5s assented - 78% 82% 82% 36 % Sale 50% Sale 48 86% 30% Sale 87% 32 A A 26% 29 A 17 30 26% 29% 1964 - A 1974 1943 j~"3 1943 1954 FA 1940 J J 1940 J J 2003 M N 2003 MN 2003 2003 MN MN 2003 MN —2003 MN 35 30 26% Sale 50 52 48% 43% Sale 43% 50% 43% 48 15 15 14 14 15% 17 Sale 17 Sale 19 Sale J 1955 1944 J 5s debenture ----Lion Oil Ref conv deb 4%s. 1951 1952 F A A O . AO Liquid Carbonic 4s conv debs—1947 J D Little Miami gen 4s series 110', 000 Loew's Inc s f deb ,i s 30,000 Lombard Elec 7s seri s A A-.--1962 F 1953 49,000 Lone Star Gas 3%s debs a Long Dock Co 3% ext to—.1950 A For footnotes, see page 30. 127 127% 129% 130% 97 100 107% 109% M2V 1946 F A 1952 J D A O 102% Sale 66 108 72% 86% Sale 94 87 30% 35 51% Sale 48 80% 30 Sale 83 32% 90 93% 89 87 30 33 30 49% 47% 81% 37 51% 49% 83 51 87% 75 Sale Sale 94 48 80 80 July 31 July 18 July 26 July 9 51% July 1 49 July 30 81 July 9 37 Juiy 31 50 23% 23% 23% 27% 23% 30 30 48 54 36% 33% 33% 11% \lH 40 110 32 31 27 30 30 65 Sale 52% 52% Sale Sale 70 Sale" 27% 29% 27% 53% July July July 1 30 10 30 10 30 July 16 53 36 July July July July July July July July July July July July July 39% 40 38 39% 39 40 15 Sale 35 Sale 15 14 15 Sale 11% 11% 12% 12% Sale 13% 13% 17 14H Sale 40 23% 24 Sale 12% 31% Sale 48 54% 114 101% Sale 123% 125 125% 131% 94 95% 106% 107% 17 16 45% 46 114 40% 23 Sale Sale Sale 47% Sale 120 35 15 14 46% 45% 110% 53% 9 54 2 3 41 3 40 1 15 15 3 3 12 12 23 38% 14% 15 17 16 17 47% 31 48 2 115 July July July July July July July July July July July July July July July July July 26 11 31 26 16 _ 16 27 31 31 31 17 31 31 31 17 16 19 July 27 102% July 12 2 124% July 25 123% 124% 123% July July 11 127% July 24 127% 128% 127 9 93 95 95% July 95% July 24 106 July 25 108 July 5 106% 108 102 82 28 May 28 May 24 42% May 28 79% June 22 30 June 24 42 11% 27 30 28 Sale JLehValTerRy 1st gu g 5s....1941 A O 49% 5s assented..— 1941 A O 49% "60" Lexington & East 1st gu 5s .1965 A O 117 120% .Libby McNeil & Libby 4s. Liggett & Myers Tobacco 7s 72 ..... 38% 37 F F nking fund 5s—1974 F stampe i Leh Vail Harbor a 81% .1964 F A 1st 8,000 75 80 Sale 101 Jan. May Apr. 23 May 20% Apr. 22 39% Jan. 5 57 Mar. 12 55% Apr. 16 37 Mar. 14 July 31 12 10 39 May 21 35 Jan. 20 12 33% Jan. 29% Jan. 30 July 30 July 30 July 53% July 55% Apr. 20 20 29 15 log Feb. 27 Apr. 15 50 Jan. 9 49% Jan. 23 3 90 2 Feb. Feb. 2 10 16% Jan. 16% Feb. 4 22 21 17 22 16% Jan. June 30 May May May May May May May 21 45 22 47 21 June 5 30 8% 8% 9% 8% 18" 40 22 June 19 45% July 31 109 99 June 11 31 26 16 12 48% Feb. 30 19 Jan. Feb. 19% Feb. 8* 4 118 June 11 104 121% May 22 120% May 23 90 May 23 2 105 May 104% Mar. 20 102% 102% 102% Sale 102% July 25 103% July 16 100% May 15 33 42 38 45 Sale July 1 50% July 26 28% June 15 109 108% 108 July 22 109% July 6 105 May 22 109% 107 68% 63% Feb. 26 65% — 88 2 4 11 8 10 Mar. 27 Jan. 11 Jan. 16 Apr. 22 3 127% Jan. 131% Mar. 26 2 101 110 Feb. 104% Mar. 20 105 Mar. 21 Mar. 28 73% Feb. 29 110 Feb. 67 Feb. 4 7 26 N. Y. STOCK EXCHANGE—BONDS Soles in 1?' BONDS July Bid 3,000 Long Island unified 4s Guar ref gold 4s 84,000 53,000 22,000 15,000 75,000 16,000 9,000 M S 1949 1949 1949 1944 4s stamped Lorillard (P) Co deb 7s—. PRICES IN JULY Price Jan. 2, 1940 N. Y. STOCK EXCHANGE Value M S M S A O 5s debenture _-1951 F A Louisiana & Ark 1st 5s series A. 1969 J J Louisville Gas & Elec 3 Ms 1966 M S Lou & Jeff Bridge gu g 4s 1945 M S _ 1 July July July July July Sale 78 83 78 Sale July 108 % 109% 108% 109% 108% July 112 109 108 M 112 108% July Sale 87 % 89 126 127 125% 127 M 83 Sale 110 Sale 107% Lowest Highest Sale Prices Ask 91M 91% 91 91% Sale" 91% Sale 90% 92% 91% 90% 91% 123% 122% 122% 126M 122 124% 125% 124 126 91M 88 % Ask Bid Bid Ask 89 RANGE SINCE JAN. Lowest July 31 July 1 Sale 16 Prices 1 Highest Sale Prices Jan. 10 89 Sale Prices 92% July 92% July 92% July 123 July 125% July 83% July 108% July 109% July 17 102% July 95 July 87% July 84 July 104% July 18 17 17 15 19 7 102% May 7 83 June 10 95 July 17 78 Jan. 26 May 29 88 72% June 11 84 July 15 101 May 29 104% Apr. 4 30 June 10 82% Feb. 2 112% 73% Jan, 18 83 104% July 29 107 15% Apr. 19 15% 85% June 87 May 120% May 120 May 75 May 106 108 1 9 29 95% May 9 31 126% Jan. 24 23 129% Mar. 25 28 86% Apr. 4 5 94% May 95% May June 17 110 June 14 111% Jan. 2 Mar. 9 Louisville & Nashville RR— 1st & ref 5s series B 2003 A 1st & ref 62,000 108,000 19,000 95,000 29,000 2003 ser D A T% 86 M 81 Vs Sale 1st & ref 3 %s series E Paducah & Mem Div4s-; 8t Louis Div 2d gold 3s Mob & Montg 1st g 4%s 7,000 1980 1945 M S South Ry joint Monon 4s Atl Knox & Cin div g 4s 14",000 2003 A 1952 J iLower Austrian Hydro-El 1946 F M S J MN 1955 6 %sl944 F * AlVieKesson & Robbins deb Sale 110% 75 M "77% 105 106 M O D Gen mtge 4 %s series A 1960 J D 50,000 Feb 1 1957 MN 88,000 Manati Sugar 4s s f 18,000 t a Manhattan Ry (N Y) con g 4sl990 A O a 2s 4s 2013 J D 2,000 Manila El Ry & Lt 1st 5s 1953 M S Manila RR South Lines 1st 4s—1959 MN 87% 76% 7S 52 Sale Sale Sale 78 M 42 M 50 J 83% 68 70 51% *t AMet West Side Elev (Chic) 4s 1938 F 2,000 a Miag Mill Mach 1st s f g 7s Michigan Central kJtv— 3~7~ 000 2, 000 111" 666 1,,000 56, 000 2, 000 4, 000 1, 000 gold 334s ,1951 M S 1st gold 3%s 1952 MN Ref & Imp 4%s series C 1979 J J Michigan Consol Gas 1st M 4s__1963|M S J a Midland of N J 1st ext 5s 1940 J D J Milwaukee & Northern RR— * a 1st ext 4%s 1939 D * a Con ext 4%s 1939 D X a Mil Spar & N W 1st gu 4s 1947 M S lAMilw & State Line 1st gu 3%s 1941 J J jAMinn & St Louis 5s ctfe 1934 MN a 1st & refund gold 4s 1949 M S a Ref & ext series 5s A 1962 F J*aM StP & S S M 4s stpd guar.1938 J f _ *Alst cons *Alst cons a a a 5s 1938 j int 25-year g 5Ms 1st ref 5 Ms series B Missouri-Kansas-Texas 176, 000 J J j 1949 M S 1978 51, 000 t AMissouri-Illinois RR 5s 377, 000 Mo Kan & Tex 1st g 4s 449, 000 135, 000 87, 000 J 1938 j 1§46 5s grd as to 1st & ref 6s series A ser 6% M j j A--1959 1990 86M 7 "91M 65 M 59% Sale 74 Sale 12M 85 20 Sale 20 55 27 Sale 20 Sale Sale 12 Sale 21% 11% 22% 15 73 7 73 73 50 M 63 M 279, 000 a Certificates of deposit 23, 000 A 1st & ref g 5s ser G 1978 159, 000 a Certificates of deposit 14, 000 a Convertible gold 5 Ms 1949 105, 000 a 1st ref gold 5s series H 1980 158, 000 a Certificates of deposit 7, 000 a 1st & ref 5sseries I ---1981 000 151, a Certificates of deposit 50, 000 3, 000 t* a Mo Pac 3d 7s ext at 4% July 1938 JMobile & Ohio RR— a Montgomery Div 1st g 5s—1947 121, 000 A'v.-'ertifieatts oi deposit 80, 000 a Refunding & Improv't 4Ms-1977 261, 000 Au ertincatfcs 01' deposit 477, 000 * a Sec 5% notes 1938 369, 000 10 5 6 6 1% 5% 6M 1% Sale 2 % 6M Sale 5% 5% 6M 6M 2 % 3 1M Sale 1 Vs 1% % 4% 3% 5% 1% 1% 2 _ 4 5% 5% 1% Vs MN A O 40 50 61 73 Sale 13% 10% 12% 4% Sale 14% 14% 13% 3% Sale 14% Sale 13% 14M 14% 13% 2M Sale 14 M 14% 13% 14% Sale 13% 15M j j 66 p a 22 16 4% % 16 1% Sale 5 Sale 2% 1% 48% 83 Sale 3 10 1 July 16 18 90 July 62% July 103% July 3 90 27 55 97 20 July 2 July July July 26 6% July 1% July 30 26 23 12 6 July 1% July 16 5% 4% 5% 1% % 15 15 68 16 24% 25% 34% 20 5 m 5 28 M Sale M 5 33 M Sale 25M 25 Vs 29% 29% 16 45 104 Sale 15 Sale 17% Sale Sale 15 15 22 Sale 15% 15 Vs 15% 16% 15% July Sale 21% July 23% Sale Sale 25% July Sale 34 28 28 July 41 Sale 30% 30% July 42 31 % July 39% 30% 49 53 53 48% July 105 105% 106% 105 July 109% 109M 110M 111M 109 110 109 110% 111 Sale 100 Sale 101 Sale 101 Sale 110 Jan. 9 Feb. 21* 7% May 27 % Mar. 28 18% Jan. 17 18 Sale 85 Sale 70 1955 a 51 60 56 51 72 79 64% 37% May 21 15% June 19 8 May 25 4% 1 % June 13 Jan. 22 52 May 32 Jan. 16% Apr. 7 20 8 8% Apr. 4 4 2% Jan. 2% Apr. 24 Apr. 4 7 6% Mar. 7% Apr. 8 2% Apr. 16 Mar. 7 2 43 June 55 May 21 May 21 20 7% May 21 8 May 23 8% June 10 17 12 12 July 12 17% July 17 July 2% July 17% July 17 July 17% July 17 July 9 15 16 13 17 9 17 9 12 % 3% May 14 May 21 12% Tune 1 % 24 21 21 28 21 17 11 21 22 11 1 July 2 17% July 9 17 July 9 17% July 19 17% July 17 71 July 30 12% 12 % 12% 12% May May May May May May June May May June 60 June 22 25 15 June 5 2 41 3 10 3% June 11 3 % May 24 1% May 17 % June July July July 25% 34% 34% 1 31 3 % May 23 41% 48% 8 105% July 30 July 31 July 31 July 31 July 16 July 31 July 10 July 17 12% 12% 12% % 20% May 20 May 20 May 25 May 24 May 48% July 103 June 59% Feb. 28 July 29 32% Mar. 20 80 19% 15% 16% 8% Jan. Jan. Jan. Jan. 2 4 2 4 21 % Apr. 4 20% Mar. 28 Jan. 4 3 Apr. Apr. Apr. Apr. Jan. 21 % Apr. 20% Mar. 28 21 % Apr. 4 21% Apr. 3 79 May 1 21% 21% 21% 21% 2% 22 22 21 23 25% 25% 34% 34% 41% 41% 5 Apr. July 31 July 31 July 31 8 Apr. July 31 10 55 Mar. Jan. 6 107 8 25 May 27 110% Feb. 17 May 22 112% Apr. 13 95% May 22 104% May 9 86 Jan. 17 71% May 29 56% Jan. 9 55% Jan. 8 2 110% July 2 112 July 17 105 16 103 25 101% July 5 56 51 31 94% Feb. 23 10 66% Jan. 3 22 104% May 8 30 Mar. 14 15 79 1955 56 109 July 109 July 100% July 12 20 17 56 1955 a 1955 A May July May 9% Jan. rr 4% 4% 4% 1 % % 16% Sale 15 16% June 24 1 68 16M 9 44 2 July 20 July 11% July Sale" 16% Gen & ref 5s series B 65 Gen&refsf4%sserC j Gen & ref s f 5s ser D Morris & Essex 1st gu 3 Ms 101, 000 Constr M 5s ser A 64, 000 Constr M 4 Ms ser B 212, 000 Mountain States T & T 3 Ms 13, 000 Mutual Fuel Gas 1st gu 5s 2, 000 Mutual Union Tel 5s 5, 000 a 41M Sale 1955 M N 40 Sale 1955 M N 1968 j D 1947 M N 1941 MN Nashville Chat & St L 1st 4s A. -1978 F A National Acme 4%s extended 1946 J D 188", 000 National Dairy Prod deb 3 %s ww '51 MN Nat Distillers Products 3 %s 1949 M S a a 4%s Jan 1914 4%s July 1914 4%s July 1914 36 M 108 % 116M 101% Sale Sale ----- Sale 106 Sale 56% Mar. 15 Sale 39 39% Sale July 35 38% Sale 35 37% July 32% Sale 31% Sale 30% July 108 108% 108% 108% 107% July 113% 114% 112% July 113% 101 101% 100% July 42 42% 38% 32% 109% 112% 101% 104M Sale 60 65 68 6 July July 20 July 19 July .18 July 17 July 30 34% June 7 27 May 21 24% May 22 66 102% 102% 106% 106% 106% 103% 101% Sale on_1957 coupon on_1957 coupon off-1957 Sale Sale 65% July 26 68 July 101% July July 9 106% July 104% July 106 9 24 % July 31 56% Mar. 15 47% Jan. 11 44% Jan. 10 39 Jan. 104% May 24 109% Apr. Feb. 6 120 112% June 100% July 15 101% Jan. 4 18 6 3 70% Jan. 25 102 3 May 18 102% May 103% May 21 107% Feb. 14 8 99% May 24 106% Apr. 64 June 19 Apr. 30 % Apr. 26 % Jan. 3 coupon a Assent warr & rets No 4 on 1957 4s April 1914 coupon on 1977 a 4s April 1914 coupon off 1977 a Assent warr & rets No 5 onl977 Nat RR of Mex prior lien 4%s— *a Assent warr & rets No 4 on. 1926 A M % % Vs % M % 5 1M 1% 3 1948 J 8,000 X a New England RR cons 5s guar 1945 J a Cons guar 4s 1945 J 1,000 see page 30. D J J ----- % 1% % O 4s April 1914 coupon on 1951 A O a 4s April 1914 coupon off 1951 A O a Assent warr & rets No 4 onl951 A O 27,000 National Steel 1st M 3s 1965 A O 108,000 Nat Supply 1st mtge 3%s 1954 J D 54,000 X A Naugatuck RR 1st g 4s 1954 MN Newark Consol Gas 5s % % % % a 69% - 67 % 102 % a For footnotes, 56 1 National Rys of Mexico— a 68 2000 J 15,000 31,000 18 15% 16% 1 % 15% 16% June 21 112% 90 35% July 1 5% May 22 % Mar. 28 16% 13% 14% 5% 16 109 26 10 July 10% July 12% July 4% July 1% 81 83 Mar. 20 52% Jan. 4 60 June 17 63 July 8 100% May 28 105% July 31 22 2 General & refunding 5s A 143,000 Apr. 4 Apr. 30 Apr. 30 13 1 1 15 105% 106 81 15% Sale 12% Sale 13% Sale 5% Sale 77 15 15 Sale Mont Tram 1st & ref 5s series A.1941 j 16 ~67M Sale Sale 16 59 22 June 19 July July July July July 50 July 80 July 26% July 40 12 15% May 18 64% Jan. 11 July July July July July 50 July 70 July 21% July 26% 12 19 23 66 July 47% July 6 July July 25 July 13 July 10 July 26 July 25 July 26 3 July 2 July July 25 July 17 July 26 July 25 July 12 17 Vs M 1st mtge 4Ms .1960 A 55, 000 6s debentures 1965 A 59, 000 452, 000 Montana Power 1st & ref 3%s.-1966 j Sale Sale 15 377, 000 12% 15 IVs 63 - Sale 15 70 AUertiiicatfcs or' deposit -1991 M S 10, 000 Mohawk & Mai 1st gu g 4s I960 MN 3, 000 Monongahela Ry 1st M 4s ser A Monongahela West Penn Pub Serv— Sale 16 -- a 2% 64 21% p Sale Sale 55 ----- MN Sale 10 2 81 16% 4% 17 104% July 22 101 Apr. 81 JaD 11 27 55% Jan. 46 22 Apr. 21 86% July 70 111 44 19 M"S July July July July 55 43 14% Sale 16% Sale 7M~ 8% 1977 MN 90 102 57 1962 1975 96 65 Sale 20 1978 1967 A July 19M 1962 1965 F 18 40 30 M 19 66% 103 63 60 75 Pr lien mtge 4Ms ser D ACum adjust 5s series A Jan Certificates of deposit AGeneral 4s Sale 21 Aprl Apr. 26 5 14 59% 90% 9 Feb. 53 July 10 July 10 66% July 31 63 3 July 8 1 105% July 31 103 49 RR— a 66 M 92 8 % Vs ----- 60 102 29% Sale Alst & refund 5s series A 6 8 66% July July July 10 2 31 109% July 35% July 6 July 46 Sale % 15 88 101M 9M 110% ----- Prior lien 5s series A 1st & ref 5s series F 62 Sale Sale 35 M 6 13 40-year 4s series B a 67 % July 110 *82 t AMissouri Pacific RR Co— 59, 000 15, 000 146, 000 79% July 81 Sale 105% 103% July 81 May 70 July 39 May 30% July 76 May 39 May 2 Mar. 27 May 21 19% 82 Sale Jan. 80 13 66% 66% 66% "75" 68 112 A D 31% 19M 60 1977 M S 1956 J Sale 103 Jack L & S 1,,000 5,,000 32,,000 55 M M S 2 ,000 5,,000 25,,000 294,,000 18,,000 ~80" 66M 78 ,000 Metropolitan Edison 4%s ser D-1968 M S 27 ,000 Met Water, Sewer & Drain 5%s_1950 A O Mex Internal 1st 4sasstd 49% 104% July 10 95 July 10 73% July 25 48% July 29 35 July 13 86% July 12 48 July 11 Sale 73 79 % 70 - a 33% 85 15 O 48 46 % 85% 31M 11% 86 A 72 M 44 M 33 Sale 40 % J Q J Q A 78 July 105% July Sale 95 Sale 69 92% June 112 80 103% July 87% July 70 July 46 July 48% Sale Sale 34 30% July 85 Sale 86 July 48% 48% 47% July 85% 103% o%sl9i>U MN 42,000 Maine Central RR 4s series A—1945 J X AMan G B & NW 1st gu 3%S--1941 1947 12,000 Marion Steam Shovel s f g 6s Stamped 3,000 1,000 *AMarket Street Ry 1st 7s.Apr 1940 (Stpd mod) 5% ext to 1945 36,000 *,--1955 41,000 Mead Corp 1st mtge 4%s 100% 101 7 A 49,000 McCrory Stores Corp deb 3 Ms.-1955 A 152,000 83 102 M 82 M Sale 100% July 89 94 90" Sale July 94% 86 85 87 July 87 78% 81 79 83% Sale July 80 103 103 104% 106 July 85 80% 78% no% "8l"" 79 76% July 81 76% Sale 104 j 104% July 105% 105 Sale 2003 A 4%s series C 1st & ref 48 <?! 100% % ----- % % % 102 "'M Sale 68 73 123 124 33 M 35 60 Sale % % 104 " 102% Sale 102% 103 103% 62 119% 33% 33% 68 Sale % July 31 % Apr. 26 % Apr. 22 1 Sale Sale Sale % July 102% July 102% July % July 104% July 103% July 3 16 27 63 120% 44% 38 43 40 38 40 40% July 38 July 41 38 July July 16 19 % % % % 100% Jan. Apr. June Feb. May May 1 Apr. 30 26 31 % Apr. % July % Apr. 26 " ' B 35: 1% 25 % 30 Vs 12 % 23 15 105% 29 May 8 Apr. 30 June 12 June 29 9 Apr. 8 102 14 105% May 71 Jan. 11 63 June 19 119 June 7 124% Jan. 31 36 Jan. 4 43% Apr. 13 7 43% May 31% May 24 N. Y. STOCK August, 1940] Sales in Value Jan. 2, 1940 £0* exchange n. y. stock Bid $ 18,000 6,000 1,000 92,000 11,000 8,000 41,000 65,000 65,000 3,000 PRICES Price BONDS July 30-yr 5s a. 1952 New England t & t ig_ _ n _ 1 l_st_g 4%s series b j Junction rr 1,000 3,000 1,000 31,000 1,000 —1986 F 1st & ref 5s series b ..1955 guar.-1953 {*aN o Tex & Mex income 5s..1935 deposit "70"" A 1956 f O 34m 24 ---- 1954 a o 37% "40" 107"" iii" 1946 2013 2013 —1952 a o a O ao mn 61 74 m 55 Sale Sale 60% Sale Sale 61 J 3 86 59 57,000 4s collateral trust 1946 106,000 1st mtge 3%s extended to 1947 310,000 3-year 6% notes 50,000 n y Connecting 1st gu 4%s a..1953 12,000 1st gtd 58 series b 1953 50,000 n y Dock 1st gold 4s Convertible 5% notes. 31,000 1947 77,000 n y Edison 3 ms series d. -.1965 17,000 1st lien & ref 3%s series e.-.1966 n y & Erie—See Erie rr. 24,000 n y Gas el Lt Ht & Pow 5s.-.1948 Purchase money coll tr g 4s. .1949 41,000 f a 65 il* nH Sale 37 m 32 31 99 Sale 37 m 17% 84% 83 % 77 Sale 109 Sale 109 Sale 125 % Sale j D F a 117m 16%i 16% ¥?> 3 D mn m s j d 1942 a o 4s 40 ' 31% July 29 July 29% July 11 19 24 29 % July 16 1 22 30 July 16 35% July 35 July 18 22 64% June 20 Sale 31 32 35 July July July 1966 M s Niagara Falls Power 3%s ----1955 a o Niag Lock & Ont Pow 1st 5s a. . 1950 mn Niagara Share (Mo) deb 5%$-1961 F a ref 5s a. deposit North Cent gen & ref 5s ser Gen & ref 4%s series a .1941 4s .1996 1949 1954 1 joy mn 54 a. o 13 102 46 m1 52m 50 Sale 75 62 Sale 3% Sale 9% 6m 9 42 110% Sale 57 122% 5 8 June 12 71% Feb. May 21 33 Mar. Jan. 30 Jan. 23 May 24 May 24 24 3 28% June 18 29 June 20 1 Feb. 38% Apr. 15 Apr. 6 Apr. 25 14 8% June 17 97 May 21 100 43% June 7 60 50 July 1 64 80 Apr. 15 80 Jan. 11 May Mar. 19% 19% 20% 20% 23 15 Feb. 20 15 8 Feb. Apr. 67 Jan. 12m 12 % 12% 12M 12m 12% 16 14 15% 30 13 M 15 M 14 Sale 60 16 15 m 14 14 14M 12% 14 15 3% 63 3% Sale 17% Sale 66 Sale Sale 5 3% Sale 3 3 1% 1m 78% 75% 47" 49% Sale 43m 109 m 109% 110 106m 43 28 9 106% July 1 105% July 1 8 101 1 9 105 Sale 7k Sale 109 % 49 8% 9% 52% 75 M 85 81 % 3% 4m 3% 109 m 109 % 109% 107 m 108% 100 % Sale 102 M 11 % 10m 12m 9 12 11% 62 68 71 % 122 m Sale 123 106 106 Sale 105 5- F A 104 % 106 m Sale 106M 105% July 17 July 7 49 110 110m 74 72 8% Mar. 15 4% Mar. 14 May 16 85 Jan. 52 2 2 16 52 106% July 18 July 50 July 111% July 93" 78% July 3% July 109% July 108 109 July Sale 100% July 12 Sale July 12 13 July 66 Sale July 124 122% July 105 Sale July Sale 104% July 107 % 105% July 9 81 2 4 9 110 109 102% 14% 14% 75% 125 106% 105% 106% July July July July July July July July July July July July 107% Apr. May Mar. 14 12 Mar. 14 Mar. 14 Mar. 90 112 Feb. 7 109 Jan. 20 104% May 6 18% Apr. 27 17% Apr. 27 79 Apr. 27 126% May 10 8 107% Apr. 106% May 108% May Jan. 29 114 114 Jan. 105 107 May 18 108% May 30 49 35 M 49 65 Sale 67 % Sale 39M Sale 47 Sale 68% Sale Sale 46 m Sale 57% Sale 49 Sale 49 Sale 56% Sale 52 M Sale 52% Sale a J 3 3 J 7% m S 108 m 108 % 109 % 95 Sale 109 Sale 90 9% Sale Sale 108% Sale 106% 106 % 3 107 % 107 M 8 Sale" 43% 48% 60% 53 53% 108 m 90 5% 108 % 107 % 3 D 110 Sale 194b j D 106 Sale 104% Ontario Power n F a 107.9 108 Ontario Transmission mn J d j J 116 3 J 117 Vl8% J j 105 m Sale J 3 76m Sale J d 59 Sale j D 113 Sale 3 D 112m J d Sale 108m 109 % July July Sale July Sale July July 54% 51 Sale July 108% 107 % July Sale 6m 105 % "96" 95M 96% 92 96 % 109% Sale 114% Sale 115M 106 m Sale 70 49 Sale 60 110% 116 116% 106% 69 55 6% July 107% July 108 July 106% July 108% July 106 104% July July 96% 93 93 Sale July 110% 109% July 117 114% July 115% July Sale 105% July Sale 69 July Sale 110 60 112M Sale 112% Sale 111M 109 % 111 Sale 109M Sale Sale Sale 64% 39% 45% 55% 50% Sale" 106% July 105M 106 M 108M 109 106 m Sale 109 % 108 % 109 M 109 M 105% 117% 110m Sale Mar. 40% 59% 31% 33% I Apr. 2 2 29 JO Apr. 30 61 30 42 F 45 9 Apr. 22 8 6% Jan. 92 25 3 5 May 16 107 31 96% June 8 May 13 7% May 16 54 % Jan. 16 12 117% June 31 102% May May 26 101 30 102% May 63 8 62% Mar. 14 5 111% Apr. 112M 57 8 30 Jan. 108 64 8 May 21 108% Jan. 23 9 100% May 23 106% May 5% Jan. 5% Jan. 39% Jan. 106 May 85% Jan. 78 May 3% May 107% May 7% July July July July 110% May 104 105m 117 9 105 11 8 Apr. 5 Apr. 6 Apr. 13 Apr. 8 Apr. 8 Apr. 6 Apr. 8 Apr. 13 Apr. 16 Apr. 8 May 6 20 May July 108M 106 103m 105m 102% July 72% Mar. 24% 36% 6% 23% Mar. 107 Sale Sale H* 11 Sale 9 26 30 May May 10 May 10 May 12% May 19% June 2% May 12 May 58 May 3 May 1% May 85 May 17 Sale 75 M 20 July 105 m 18 aI* 14% July 15% July 30 14% July 17 14% July 16 13 July 6 18 July 31 30% July 18 5 July 18 17% July 31 67% July 23 5 July 31 July July July July July 26 \ July 3 July 15% July 66 July 3 % July 17 109% July Sale Sale 49 20 13M 13% 12 M 12M 15% 45% July 109% July 102 % 7 m 14% July 30 16 3 30. 120% May 29 126% Jan. 23 113% June 11 118% Feb. 19 Feb. J 1946 3,000 Pacific Coast Co 1st g 5s__ 1964 124,000 Pacific Gas & el 4s series g 1st & ref mtge 3 ms series h..1961 140,000 1st & ref mtge 3 Ms series i-..1966 67 000 56% Apr. 25 57% Apr. 25 Apr. 4 May 28 110 May 28 110% Apr. 30 May 21 65 4s 4^o 3 %s.------1972 Oklahoma Gas & Elec 3%s--__-1966 f 1st 5s1943 1st 5s 1945 Oregon rr & Nav con g 4s 1946 Oregon Short Line 1st con g 5s__1946 1st guar cons 5s stamped _ _ _ _ . 1946 Ore-Wash rr & Nav 1st & ref 4s 1961 Otis Steel 1st mtge 4ms a 1962 _____ . June 25 71 50 4s debentures -------- 31 11 30 30 Jan. 25 May 28 86 May 27 107% Apr. 12 June 1 108% Jan. 31 72 105 m s 13 July 98% July 53 July 58 July July 48% July 50 July 5 June 8 68% Apr. 3 59% Jan. 86% May 3 90 July 19 86 30 1st mtge 1st mtge 17 May 21 May 21 May 24 80% July 31 Apr. 6 62% May 9 60 Jan. 30 95 99% Sale MN 53% June 18 48% June 19 5 62% Apr. 83 July 30 3 56% Jan. 4 62% Jan. 2 63% Jan. 60 o g 4sl948 1943 -1965 60 10 68 % May 28 June 3 45% 66% July 19 57 July 17 38% 73 84% July 30 90 July 19 80% 66 81% Juiy 31 107% July 31 101 107% July 25 104% 48% July 24 46% 46 48% July 31 109% July 17 104% 109% July 24 105 98 % July 28 23 21 21 21 25 guarantee) 1945 a o ACertificates of deposit— 323,000 Northern Pacific prior lien 4s. 1997 q j Gen & lien ry & Id gt 3s. _ Jan 2047 q f 256,000 11,000 t AOgden & Lake Ch 1st guar 2,000 Ohio Connecting Ry 1st 4s 169,000 Ohio Edison 1st mtge 4s Sale 44% May 74 May 38 May 43 May 42% May 85 30 Mar. 14 40 11 2 123% July 1 116% July 13 31 111% Apr. 25 11 31 8 14 May 21 Jan. 90 105% 106% lation of -..1967 extended. 1944 July 51M July 8 18 June 18 99 % 106% M s Ref & impt 5s series o Ref & impt 5s series d-182,000 55,000 Northern States Power 3%s 57 16 4 19 25 74 106 M s 31 19 8 27 58* a 1974 80% July 93% July 62 July 56% July 30 39% Apr. 37% Mar. 37% Mar. 37 Apr. 36% Mar. 32% Apr. 60 a Sale 30 78% Feb. 23 8 8 25 F a-.1974 2047 2047 2047 2047 57 64% .79 F {Northern Ohio ry— Alst gtd g 5s -------1945 a Alst mtge g 5s (stamped cancel- 4%s series a 6s series b 13 98% 102 51M 54M Sale Sale 76 % July 90 July 123% Sale 122 M July 116M 116% 115M July 15% Sale 86 80m 83 % 88% 4% 4% 109% 110% 108% 109 % 103% 103 m 12 % Sale 11% *{ ANorfolk & South 1st g 5s Norfolk & West Ry 1st con g North Amer Co deb 3%s Debenture 3%s 58,000 Debenture 51,000 8m 96 Sale Sale Sale j"j 115m Sale "54" 110 121 % 19 . 17M 9 J 108 48 55 m 47% 46 m Sale 48% 108 108m 107% 108 M 10%% 109 29 % 105 d 106 §?* 107 % 107 54% July 59% July 57% July 61M July Sale 51% July Sale 80% July 90M 85 % July Sale 76 M July Sale 105M July 108 106 July Sale 47% July Sale 46 M July Sale 107M July 109 % 109 July 30 78 5% 5% 38% 85% 80 m 105m 107 58% July 83 July Sale Sale 3 a 56 m 53 m 15% 108m 106 - 76 Sale 17 55% July 79 July 48M July 54% July 53% July Sale 25 m 3 J 1967 j 1946 2 55 m 49 m 3 15 Jan. 21 111 Sale Sale Sale 10 Apr. July 55 23% May 23 30 Sale j 1946 J 1946 4 %s 5 90 Jan. 59 45 Apr. May 23 102% Jan. 11 105% July 101M May 28 106% Jan. 26 32 Sale 106 % 104 % 1940 f a 1943 mn - -- 15% 19% 32% 5% 18% 60% 109% 168,000 New York Steam Corp3%s--_ 21,000 j*aN y Susq& West 1st ref g 5s. 1937 f * ASecond gold 4 %sa AGeneral gold 5s. _5,000 ATcrminal 1st gold 5s. 3.000 60,000 n y Tel ref 3 %s series b n y Trap Rock 1st s f g 6s 6s stamped 8,000 60,000 t * aN y Westches & Bos 1st 17% 20 Sale mn 1951 M n a 15m 15 % a O 1963 j 1937 J Sale Prices 122 May 15 128% 122% June 11 128% 60% 60% July 15 7 109 105% Mar. 25 29 % July 29 July 80% Sale 92 92% 60% 61% 56% Sale 85 49% mn J j ao 77% 53% 58% 56 % Sale 16 For footnotes see page 15 19 24 30 Sale 58% Sale 82 % 52 m Sale 16 55 m Sale 79 Sale 49% Sale 54 % Sale 53 % Sale 78% 81m 15 26,000 n y & Putnam 1st con guar 4s. .1993 5,000 n y & Queens el Lt & Pr 3%s__1965 New York Railways Corp— Prior lien 6s stamped 1958 10,000 21,000 17,000 143,000 47,000 "33 M Sale 15 ANon-conv debenture 4s. ----1956 17,000 2,000 AConvertible debenture 3 %s.. 1956 337,000 AConvertible debenture 6s 1948 ♦AColiateral trust 6s 1940 20,000 ADebenture 4s 29,000 ior? Alst & ref 4%sser of 1927----1967 277,000 25,000 t AHarlem r & Pt Ches 1st 4s 1954 73,000 xaN y Ont & West 1st g 4s.,..1992 AGeneral 4s 1955 30,000 53,000 7,000 8,000 14,000 19,000 43,000 31 29 15 3 12 12 8 5 17 16 107 106m Sale 52 3 %s—1947 a o 3%s—1954 a o debenture 4s 1955 j j 4%s July 68 July 53 July 103 M July 103 % July 61 July 30 July 40 66 % 56 ANon-conv debenture n'western Teleg 106 127% July July 60% July 107 July 69 July 56% July 105% July 106 July Six July 30 July 125 38 "29M 40 Sale 105% 105M 107 y New Haven & Hartford— ANon-conv debenture 4s. 1947 M s Ref & impt Ref & impt 30 62 ANon-conv debenture 295,000 1,422,000 84,000 31% Sale Sale 1 aN South 1st & Sale 29 74m litw ACertificates of 22 70 Highest Sale Prices Sale Prices 8 9 15 11 10 5 18 18 5 16 1 Lowest Highest Sale Prices 124% July 123 July 60M July Sale 38 40 Ask Sale 68% Sale 57 M 59 104M Sale 104 % Sale 64% Sale 79% Sale Sale 58% 11% 13% 6,000 *aN y & Greenwood Lake 5s..l946mn 1,000 ny & Harlem g 3 hs-------2000 mn 100M 102 53 m Sale 39,000 n y Lack & Western 4s ser a. .1973 mn 62 m 65 Guar 4%s series b 10,000 1973 mn 61 an y Coal & rr 5%s_1942 mn 75 ADock & impt 1st 5s. 1943 j j 63 75 n y & Long Branch gen 4s. -.1941 m s* 99% 75m 1* aN y & n Eng (Bost Term) 4sl939 a o *t ANorfolk 106 % RANGE SINCE JAN. JULY Lowest _ 1998 f a Lake Shore coll g 4,000 n y & Rich Gas 1st 6s 60 20 "39m - 1945 Debenture 4s of 1912 t an y Prov & Boston gen 62 34 % 20 37 27 % 1942 J 15,000 10,000 27,000 210,000 98,000 s8.000 37,000 42,000 106 25 Sale NYC&HRgmtge3Hs ANon-conv 104 % 59 Sale deposit 68 % 53 Sale 32 % 1997 J 19,000 49 105m —---1956 f A 3 %s 1998 F a Mich Cent coll g 3%s.. -- -- --1998 F a New York Chicago & St Louis— 221,000 Refunding 5%s series a 1974 a o 743,000 Refunding 4%s series o 1978 m S 2,000 65m 108 22 78m "6", 000 107"" 26 _ 63,000 53,000 26,000 Ask Bid 127% 127 124M "70"" IN July 31 124 123 35 % Alst 5%s series a_ ACertificates of deposit l Bid a Npt & Cin b gen gu g 4%s New York Central rr— 268,000 Consol 4s series a 151,000 10-year 3 %s secured s f. Rer & impt 4%s series a 1,270.000 639,000 Ref & impt 5s series o Conv secured 3 %s 229,000 294,000 July 1 28 ---- 1954 iFirst 58 series b ACertificates of deposit Alst mtge gold 5s series c ACertificates of deposit Alst 4%s series d ACertificates of 129m 125 % 107% Sale 74 m 69 56 52% 105 % 106 105 % Sale 68 % 67 29 % 34% Nor^Ss ser a .1983 New Orleans Term 1st 4s Ask 127 a 1960 s 4 D Mn n o & n'eastern ref 4%s ser a-1952 New OrleansP s 1st & ref 5s a. .1952 ^Certificates of 11", 000 1961 t" 1st 4s n j Pow & Light 1st New Orleans Great J 37 EXCHANGE-BONDS 55 July 112 July 110% July 108% July 1 1 23 1 24 31 20 29 24 July July July July 56 July 56% July 109% July 68% 43% 49% 61% 7% July 108% July 20 107% July 10 109% July 1 109% July 9 109% July 3 105% July 3 96 July 9 2 1 3 11 29 96% 110% 117% 117% 106% 71% July July July July July July 17 31 12 17 8 8 5 40% Apr. 29 70 May 9 43% July 31 49% July 12 61% July 17 56 July 8 56% July 8 June May May 45 May 40% May 40 May 105% May 95 May 28*110% 8 May May 95 9 8 3% May 13 29 107% July May 1 105 3 104% May 31 101% May 19 107% May May 22 103 June 90 15 93 July 31 108 May 25 23 112% June May 26 113 May 18 104 68 May 22 8% Jan. 23 2 108% Jan. 5 109% Jan. 110 Apr. 3 110 May 2 110% Jan. 11 53 May 109% May 108 May 105% May 31 60% Jan. 27 28 113% June 24 22 112% Jan. 10 7 28 110 '% May 27 55 July 27 27 113% July 6 July 8 29 112 3 109% July 31 107 . Feb. 9 11 2 108% 105% 111% 118% Jan. 119 Mar. 18 Feb. Mar. 4 Mar. 26 107% Apr. 5 Feb. 5 77 28 N. Y. STOCK EXCHANGE—BONDS Sales in ii BONDS July s Value N. Y. STOCK EXCHANGE $. 3,000 ♦^Pacific RR of Mo 1st ext 4s__1938 *i2d extended gold 5s 1938 18", 000 Pacific Tel & Tel 3 %s series B..1966 29,000 Ref mtge 3 %s series O 1966 Paducah & Illinois 1st s f 4Mb.-1955 12~,666 Panhandle Eastern Pipe L 4s A -1952 Paramount Broadway Corp— 19,000 1st mtge s f g 3s loan ctfs 1955 Paramount Pictures Inc— 51,000 3 Mb conv debenture 1947 9,000 Parmelee Trans conv deb 6s 1944 2,000 Paterson & Passaic G & E 5s. -1949 Bid 75 F 10,000 5,000 2,000 3,000 97,000 213,000 6,000 75,000 1st & ref gold 8,000 Penn RR 71,000 29,000 115,000 68,000 358,000 105,000 236,000 152,000 129,000 544,000 22"666 54 46% 51% 83% 41% 8434 44 79 35 81% 84% 86 O A J D J D MN P A M S J A D O Sale A 108 Sale MN A O P A D 3,000 76,000 31,000 61,000 64",000 41,000 120,000 3,000 J J J D J D 101% Sale Sale Sale Sale Sale Sale Sale 115 116% 69% Sale 65 Sale 58 Sale 59% Sale 110% Sale 109% 110 11034 115 106% 107 106% Sale Sale ---1949 M S 3% A.__i94o J J M S A O 1945 M Ar F A 1949 D 1953 J 1957 M N i960 P A Con 4s series H guar g I g_ 1963 J guar 1964 Gen guar 5s series A. 1970 General g 5s series B 1975 General 4%s series C___ 1977 Pitts Va & Char 1st guar 43. -1943 Pitts & West Va 1st 4%s ser A-i938 1st mtge 4Mb series B 1959 1st mtge 4His series O ___i960 Pitts Y & Ash 1st gen 4s ser A.>1948 1st gen 5s series B 1962 1st gen 5s series C 1974 1st 4 %s series D 1977 Con 4%s series Con 4%s series 6% 12% 3% 7% P A MN J D A O J J 110 96% 110% 98 43 A O A O 44% 44% ----- — 117 107 98 Sale 100 47 50 46% 48 107 80% 106% 62% 3% Sale 64% 84% 4% 103% 104 O J J 55% 73% J J 73 M S MN F A MN MN J J J J 72 106% Sale 110% 111% 109 99% 96% %VA 95 117 98% 98 86 89% 61% A M S 53 Sale 102% 106 J 114 105 106 J 108 Sale Sale Sale 51 % May 6 36 June 13 90% Apr. 22 47 Apr. 2 99% July 101% July 105% July 104 July 103% July 103% July 101 July 105 July 23 23 3 30 31 27 8 2 101% July 12 107% 106% 107% 113% 113% 87% 117% 100% 106 % 108% July 108 July 107% July 114% July 114% July 90% July 118% July 103% July 109% July 90% July 98% July 98% July 86% July 5 11 5 15 19 26 15 31 31 30 12 16 31 Sale 116 19 31 22 31 20 July July July July July July July July July 87 July 96% July 97 July 81% July 114 Sale" 71 70 7 110% 68 59 61% 110% 109% July July July July July July July July July July 18 30 19 26 22 119 121 May 23 126 67% Jan. 2 72 101 July 105% July May 99% June 99 May 88 May 102 101 96 108% July 24 106 July 15 106% July 16 111% July 12 16% July 29 3% July 27 5 5 July 1 Mar. 15 Feb. 20 18 23 24 6 21 27 June 6 102% Feb. 106 Apr. 107% Mar. 106% Apr. 105 May 101 July 107 Apr. 6 27 20 May 101% July 12 Feb. 13 97% Feb. 104% May 100 May 107% July 110% June 99 10 27 28 24 110% May 9 109% Apr. 19 109% Jan. 25 115 Mar. 25 111 June 115 Mar. 27 81 May Apr. 8 120% May 8 104% Apr. 30 110% May 3 91 May 8 3 99% May 99% May 6 3 87% May 92 115% June 94% May 100% May 79 May 89% May 89 May 75% June 110% May 111 56 58 116 May May June 3% May 10 June May May 109% July 45 107 Jan. 106 June 22 Feb. 19 110% July 20 71 Apr. 6 60 Apr. 6 62 Apr. 4 111% Jan. 10 110 % Mar. 26 51% May 45 Jan. 117% Mar. 23 71 July 31 70 July 22 106% Jan. 114 20 115 Jan. 10 110% May 3 18 104% May 100 May 108% May 7 106% Feb. 19 June 111% Mar. 12 16% July 29 Apr. 11 8% Feb. 21 108 9% May 2% May 3% May 89 89% 19% 108% 82 51 Sale 68% 67% 95% 99% 100% Sale 107% Sale 95% Sale 100% 100% 20% 90"" 98% 106% 98% 102% 70% 1941 J 25,000 Saguenay Pow Ltd 1st M 4%s_. 1966 A 1,000 St Jos & Grand Island 1st g 4s. 1947 J St Lawr & Adirondack 1st g 5s.. 1996 J _ 1996 A 1012132luly 105% July 108% Mar. 8% 28% O 11 5 104% July 15 104% July 109% July 19 109% July 108% July 23 110 July 15 19 30 115 16 2 July 27 115% 115 July 16 117 104% July 8 107% 104% July 5 107 98 July 1 100 July July July July July 31 31 3 54% July 54% July 1 54% July 3 104 July 31 31 31 12 20 15 July July July July July July July July July July 25 Sale 72% July July July 90% July July 90% July 22% July 109% July 84 July 11 11 11 16 12 11 July 23 20 106% 3 90% 1 3 23 1 26 31 18 4 9 18 11 111% July 142 July 112 145 July July 19 29 103 92 Jan, 5 108 Feb. 28 108% Feb. 28 109 Mar. 104% May 108 Feb. 108% July 105 May 115 July 114% June 99% May 99% June 112 Jan. 4 104% May 17 109% July 19 110 Feb 5 109% May 4 116% Mar. 19 118 May 9 108% Jan. 10 107% May 10 100% Apr. 30 June May 20 54% July May 22 54% July May 21 54% July 4 106% Apr. 102 June 110% Mar. 7 110% Mar. 40 40 40 "36"" 23 106% 102% 6% 26 65% June 104 Jan. 81% June .lan. June 14% May 106% June 79 31 31 31 23 7 140 99% 100% July 107 July 100% July 103% July 84% 5 Feb. 23 July July July July 11 11 11 11 Feb. 28 Mar. 30 Mar. 7 5 63% Mar. 16 113 Apr. 19 150 May 13 226 May 3 110% May 8 105 Mar. 27 May May May June 60% May 23 60% May 22 75% 75 62% June 11 89% June 11 102 90 June 10 100% 50 8 6 8 8 Jan. Jan. Jan. 3% Feb. 63% Mar. 108 May 106 51% July 70% July 70% July 100 July 99% July 81% 107% 90% 90% 90% 90% 25% 110% Jan. 59 222 109% July 104% July Feb. 23 9 Jan. Jan. 5 Feb. 26 Feb. 19 5 100% July 8 90% June Mar. 25 May 21 109 Jan. 26 100% July 92 8 6 103% May 6 98% June 103 29 19 30 Feb. 14 May 29 20 June 24 15 Jan. 26 17% 10% 22 3 3 18 107% Sale 103% 105 49 Sale July 48 July 47% July 103 July 51% Sale 50% July Sale 69% Sale 67% July 71% 67% 69% 67% July Sale 97% Sale 95% July 95% 94% July 100% 95 100% Sale 98% Sale 97% July Sale 106 106% 105% July Sale 98% Sale 98% July 103% 102% 102% 102 July "15" " Sale 48 56 19% 102% 105 40 Sale Sale Sale 150 15 J 116 142 13% t ARutland-Canadian 4s stpd— 1949 J 16 19 210% 108% Sale 108 July 103% 104% 103% July 14% 14% D Sale 115% Sale O 108 108 111% A A 16 100sl32July 70 13% 1955 F 10021 «j July 68% 106% 87% Sale 8934 Sale 89% 90 86% Sale 90 90% 89% Sale 19 % 109 107% 109% 107% 84 81% Sale 81 % 4% 1% 4% 3% A J 104% May 28 112% Feb. 93% May 28 101 May 89% "90" 90 Sale F M S 25 24 106 1% 65 109% 153 139 211 208 108% Sale 103% 104 Sale 3? Sale "87% MN J 10 108% July 99 9 July 98% 15 5s_i952 July July 107% 105% July 19 105% July Sale 54% Sale 54% Sale 103% 107% 117" 12% 13% 13% 1952 1953 1955 ---1952 Sale 1053 99% 973 54 J 1953 J 1959 MN 23,000 J ARutland RR 4%s stpd iggg 110% 1* ARio Grande June 1st guar 5s 1939 J 49,000 ;*ARio Grande Western 1st g 4 J Alst con & coll tr 4s series A. 1949 A 39,000 Rochester Gas & El 4%s ser D__ 1977 M Gen mtge 3 Mb series H 1967 M Gen mtge 334® series 1 3,000 1967 M Gen mtge 3 34s series J. 10,000 1969 M ARock Is Ark & Louis 1st 434s 1934 M 16,000 ARuhr Chemical 6s 1948 A 2d gold 6s For footnotes, see page 30. 114 1946 f 7s Sale Sale' Sale 6 24 Jan. May 4 Apr. 19 Apr. 8 Apr. 15 June 11 I* Sale 149 s 119 107% Sale 108% 95 100% 93 Sale 223 Sale Steel Sale May 108% 45% 146 a Rim a Sale 75 8 June 114 Sale 85 Mar. 40 108% 107% 108% 108% July 105 106 104% July 105% 106"" 106% Sale 105% July 110% 109% 110% 109% July Sale 15 11% 11 % July 3 3% Sale 2% July 4 4% 4% 3% July 108 219 conv deb 13,000 Richmond Term Ry 1st guar Sale June 10 76 107 103% 104% 107% 60 5,000 16,000 Richfield Oil 4s 114 104 _ 1957 MN AProvidence Terminal 1st 4s 1956 M S Public Service El & Gas 3 %s.__i968 J J gold 6s 71 114 D J I iDirect mortgage ACons mtge 6s ACons mtge 6s. - 66 107% 108% J 1,000 19 71 74 103% May 21 110% 104% May 21 112 102% Apr 8 102% 103 % Jan 12 105 19 July 65% July Sale 61 70 66 July Sale f 4 3% July 107% 110% 107% 108% 108% July 64 63 67% Sale 63% July 59 Sale 59 55 52% July 60 62 59 54 55 July 108% 109 109% 110% 108% July 109% 109% 109% 109% 109% July 61 115 1st & ref mtge 8s 2037 J D 85,000 Pub Serv of Nor 111 3%s.._ 1968 A O 25,000 Purity Bakeries Corp s f g 5s—1948 J J 6,000 1 5 101 103 M 108 95 99 Sale 1,000 1,000 ARhine-West Elec Power 7s July 13 110 80 a3 34 s assented ARhine-Ruhr Wat Serv 6s 101% 107% 115% 114 109 Republic Steel Corp 4 %s ser B. _ 4951 81,000 Purch money 1st 534s conv__i954 555.000 Gen mtge 4Mb series C _-_ 1956 31,000 Revere Copper & Brass 1st 434s-i956 ARheinelbe Union s f g 7s 1946 101 108% 108% Sale 107% 106% Sale 107% 107% 113% 113% 113% 113% 114% 113% 87 90% 87% 117% 117% Sale Sale 101 103% 106% Sale 109% 90 87% Sale 98% 96% Sale Sale 98 98% 82 81% 86% 112% 113% 112 112% 115 115% 108 J 965",000 99 47 Highest Sale Prices 81% July 2 85% July 26 39 July 30 42 July 17 122 July 31 122 July 31 101 July 105% 105% July 104 101% 106 July 103% 105% 103% July 102% July 103% Sale 99% July 100% 101 Juiy 106 104"' July % " " 108 J 19,000 Read Co Jersey Cen coll g 4s.--1951 118,000 Gen & ref 4Mb series A 1997 9,000 Gen & ref 4Mb series B 1997 85,000 Remington Rand deb 434s w w_ig55 16,000 4%s without warrants ---1956 Rensselaer & Saratoga 1st gu 63.1941 July 10 101% 101%, 105% 102% 104 102% 105% 102% Sale 99% Sale 104% 106 116 MN 1951 J 2637 45 Lowest Sale Prices 65 108% 109% 105 105 Sale 5s Sale Prices 112 102% 103% 107% 109 108% 109% 18 1st & ref mtge 41 Sale 37 122 67 100.26-.-. 100% 105% 108% 110 110% 104% 104% 108% 108% 103 110 J 17,000 Pr&ssed Steel Car deb 5s 10,000 1 iProvidence Secur deb 4s gu. _ Sale Prices 6 M ~S 1942 A O 1942 MiV series E guar g P guar g Highest ..... 7% 9% 106% 110% 106 M S 48,000 a6s stamped 1942 J 141,000 ACertificates of deposit 199,000 t* APostal Teleg & Cable coll 5s. 1953 J 18,000 Potomac Elec Power 1st M 3 34S-1966 J 5,000 Sale 115% M S 407,000 Portland General Electric 4 Hs--1960 M S J 8,000 J 1st 5s extended to 1950 57,000 t iPorto Rican Am Tobac conv bsxg42 J J 53,000 ACertificates of deposit 34",000 118 87% 96% 95% 85% Con 4s series G guar g 3,000 61666 109 1C9% 113% 114% 113% Sale 88% Sale 108 J Con 4s series " Sale 44 112% 123 ..... 100 110% 11% t*APhilippineRy 1st 30-yrsf4s_ 1937 ACertificates of deposit 3s~-~ 1948 10,000 Pitts Coke & Iron conv 4 %s A.-1952 Con 3 Mb --- J Phillips Petroleum conv 3,000 1,000 Sale 94 21K 94 J ref 5s.1973 1,000 P C C & St L g 4%s series 6,000 Con 4%s series B guar g Con 4Mb series C guar g Con 4s series D guar g— 103 10534 108% — 239", 000 102% 104% 105% 106 104% 104% J 138,000 A O 44,000 100,000 Apr 3,000 P A 185,000 J J 48,000 J 1st 4s series B 1956 J 133,000 1st g 4%s series C.------ —1980 M S 141,000 J D Phelps Dodge conv 3 Mb deb 1952 4,000 Phila Bait & Wash 1st g 4s 1943 MiV General 5s series B____ 1974 F A 210,000 t APhila & Read C & I 223,000 iConvertible deb 6s. 30,000 Sale A MN 1948 General g 4%s series O--- — -1977 3,000 General 4Mb series D 1931 238,000 Phila Co secured gold 5s -1957 109,000 Phila Electric 1st & ref 3%s__._i967 125 P Stamped dollar bonds 1948 Gen mtge 3%s series O 1970 Consol 4Mb issue of 1915 1960 General 4Mb series A —1965 General 5s series B 1968 Debenture gold 4%s 1970 General 4%s series D__ 1981 Gen mtge 4 Mb series E 1984 Conv deb 3 %s 1952 Peoples Gas & Coke 1st 6s 1943 Refunding gold 5s 1947 t* iPeoria & East 1st cons 4s—1940 ^Certificates of deposit Alncome4s (flat) -----.---1990 Peoria & Pekin TJn 1st 5%s A..1974 Pere Marquette 1st 5s series A.-1955 ~7~666 6734 P 1974 1943 MN ,-- 124 J 3 %s__i969 gold 4s consoi 41% F 4Mb series A.„ 1977 - - - —1981 Consol gold 4s 50 M S RANGE SINCE JAN. Lowest 76 90 76 60 July 13 76% July 90 58% 76% 108% 107% July 16 109% July 108% 109% 108 109 109% Sale July 18 109% July 109% Sale 102 103% Sale 104 104% 104 104 July 1 104% July 48% M S „ 4Mb series B - - Pennsylvania Power & Lt 155,000 4Mb debentures Ask A A ref 7s ser A. _ 1942 Pennsylvania Co— Guar 3 Mb coll tr ctfs ser B—_1941 Guar g 3 %s tr ctfs ser C 1942 Guar g 3%s tr ctfs ser D.--.-1944 40-year guar tr ctfs 4s ser E__iQ52 28-year 4s ---1963 Penn Dixie Cement 1st 6s A----1941 Penn Glass Sand 1st mtge 4%s_1960 Penn Ohio & Detroit RR—* 288,666 80 10934 109% 11034 110% 101% 10434 105 Ask Bid Bid IN JULY July 31 July 1 Af S _ iPaulista Ry 1st & Ask 80 68 M S PRICES Price Jan. 2, 1940 £ 16% July 17% July 15 * July 17 July 16% July Sale 106% July 103% 103% July 16% July 16 5 17% July 16 July 24 17 9 July 16% July 24 1 107% July 103% July 10 10 36 23% Sale 7% Sale July 7% July 25 July 9% July 11 5 July 12 109 July July 20 109% July 7 July 25 July 12 12 16 July 15 30 15% Jan. 30 12% May 10 13 May 13 14% 103% 103% 8% 33 23 Jan. Feb. 19% June 27 5 17% July 20 17 17 16 109 7 June 27 July 9 Mar. 29 9 Jan. 19 Mar. 11 105 June 29 10% Jan. 20 Mar. 11 40 May 21 May May 28 5% May 23 20 Jan. 34% Apr. 12% Apr. 5 8 120 12% 7% S 107 107% S 109% 105% MH 7% 8% 108 S S 109% 111% 108% 109% 109 108% 105 107% 108 6% 7 6% Sale 6 109 17 O 16 J 8 "13"" 5 9 J 8 9% 5 8% O J 97 109% .7 ... O ... Sale ----- 94 80 18 6% 6% 5 21 9 7 72 76 76 108 23 111 108 70 35 70 59 35 65 6 6 9 6% July Sale 72 % July 76 9 July 17 110% 109% July 23 109% July 23 8 111 Jan. 29 May 22 110% Apr. 18 9% Feb. 21 May 24 108% Jan. 105 4 7 21 May 14 May 23 9 Mar. Jan. 7 2 9% Jan. 23 Mar. 68 May 29 98% Feb. 15 Mar. 18 109% July 23 112 N. Y. STOCK August, 1940] Sales in I? BONDS July Value PRICES IN Price I| n. y. stock exchange Jan. 2, Ask St Louis Iron Mtn & South— 154,000 6,000 12,000 13,000 219* 61 1948 5s__1959 _ 1955 t ASt Louis-San Francisco Ry— 124,000 APrior lien 4s series A 1950 42,000 42,000 66,000 228,000 75,000 619* Sale j""J A*River & Gulf Div 1st g 4s—1933 ACertificates of deposit ASt L Peo & N W 1st 5s t Louis Pub Serv 1st ratge 7,000 St L Rky M & Pac 5s stamped- 89,000 5,000 63,000 28.000 4,000 2,000 15,000 13,000 262,000 17,000 5,000 MN ACertificates of deposit— APrior lien 5s series B__ Sale 25 "63" J 589* J J 119* Sale 119* Sale 12 Sale 119* Sale 119* Sale 109* 119* j 1950 ACertificates of deposit--ACon M 4 9*s series A--- 1978 deposit stamped M S J ASt Louis Southwest 1st g 4s—1989 A2d gold 4s income bona Nov 1989 M N ACertificates of J J t ASt Paul & K O Short Lgu49*s 1941 J St Paul Union Depot 1st 5s guar_1972 San Ant & Aran Pass 1st guar 4s. 1943 J O San Antonio Pub Serv 4s__ 1963 San Diego Cons G & E 4s -.1965 AfN Santa Fe Prescott & Phoenix 1st 5s'42 M 5 J J lb",666 jASchulco Co guar 69*s 1946 J J 27,000 AStamped A O 1,000 AGuar. A - 00 1952 J D 1951 M S ni'RRR ASilesia Elec Corp 69*s 1946 12,000 Silesian Am Corp coll tr g 7s 103,000 Simmons Co conv deb 4s F A 1941 1952 11.R00 Skelly Oil 3s deb 1963 A iR'RRR Southern Bell Tel & Tel 3948—1962 RR'RRR 3s debentures 1979 22,000 Southern Calif Gas 49*8— 34,000 ist mtge & ref 4s 20,000 Southern Colorado Pow 1st g 6s 223,000 Southern Kraft C6rp 4 Ms 16 159* Sale i9* 29* 5 Sale J 1965 F J A 1947 J J 1946 J D Southern Natural Gas 5,000 ist mtge pipe line 49*s 1951 117,000 sou Pac Co 4s Cent Pac coll Aug '49 401,000 ist 49*s (Oregon Lines) ser A-1977 328,000 Gold 4Mb —1968 747,000 Gold 4 9* s May 11969 508,000 Gold 49*s 1981 356,000 10-year secured 3 94s 1946 26,000 San Francisco Term 1st 4s—1950 228,000 South Pac RR 1st ref guar 4s—-1955 Sale Sale Sale Sale Sale Sale 6394 Sale 58 33 Sale 29 16" 149* 11 9 I 80 669* 39* 59* 9 July 894 July July 99* July 894 July 89* July 569* July 29 July 129* July 894 July 659* July 39* July 5 July 11294 July 629* July 1059* July 110 July 6394 July 31 July 16 July 99* July 71 July 39* July 28 32 7 319* 28 299* 28 389* 389* 40 8 Sale 79* Sale 14 39* 6 959* Sale 629* 25 109* 249* 299* Sale" 125 89* 89* 97 i Sale 125 11894 July 16 119 9 8 79* Sale 3 5 m Sale $ Sale 169* 29* 29* 19* 19* 969* 629* 289* Sale 639* 289* 14 1009* Sale 999* 100 1059* Sale 119 49* 5 Sale 39* Sale 109* 129* 2 194 19* Sale 969* Sale 629* Sale 419* 149* '189* 35 100 37 Sale 1009* 1049* Sale 1159* 54 Apr. May 219* Apr. 139* Apr. 59* Mar. 26 Apr. 2 118 Apr. 12 689* Mar. 14 10894 Mar. 15 11194 Apr. 23 8 May May 1099* Jan. 21 1 July 24 Feb. 111 189* Jan. 289* Jan. 299* Jan. 1 89* July 24 Jan. 9 19* 19* 9694 629* 55 159* 289* 9994 100 1049* 119 July July July July July July July July July July July July July July July July 17 24 3 25 12 8 31 1 22 18 30 17 19 8 12 18 21 33 Apr. 12 6 33* Apr. Apr. 11 47 Apr. 6 1149* June 12 1239* Feb. 13 Jan. 39* July July 49* July 494 July 9 July 194 July 19* July 9794 July 6494 July 55 July 159* July 3494 July 1009* July 1009* July 10594 July 119 July June 15 69* 19* 29* 294 29* 1 " 29* 29* 39* 39* 6 Mar. 82 Jan. 3 8 9 6 8 67 38 109 9 Apr. 159* Apr. 1494 Apr. 139* Apr. 105 May June May July 159* Jan. 19* Jan. 694 Jan. 3 9 19* 19* 939* 559* 26 Jan. Jan. May May July May Apr. May May May ill Jan. 3 6 25 25 3 11 31 2 Jan. 3 Hp 67 Mar. 15 55 July 6 Apr. 18 189* June 27 3494 July 25 149* Feb. 129* May May 9994 May 1029* May 102 94 May 115 June 1009* July 1069* Apr. 119 July 104 Sale 1059* 1079* 110 11 Jan. Jan. 94 1 109 10794 1089* 1089* July July 10394 1049* 1049* July 20 1059* July 2 10894 July 1089* 1079a July 9 1109* July 10994 11094 10994 July 1059A 1049* July 15 10594 July 10594 Sale 105 101 July 19 1029* July 1029* 1029* 10294 Sale 1089* 1049* 1079* 1099* 16 8 79* July 19* _z2/9£ 1454 Apr. 149* Apr. 694 May 28 11 89* 19* 115 1089* 109 105 1059* 108 1089* 109 1099* Sale 105 i 119 Sale Sale 16 39* Sale 40 July July 409* July 389* July July 30 July 409* July 409* July June 10 549* June 259* June 12 May 79* May 659* July 39* July 49* May 1109* May July 6694 July 10694 July 110 July 30 Apr. 4 65 Apr. 4 269* Apr. 3 669* Feb. 21 629* Jan. 16 694 May 28 89* June 11 79* June 10 7 June 10 594 July 28 Sale Prices 66 499* May 28 4894 May 28 15 May 28 559* May 28 33 June 6 1094 July 109* July 11 July 109* July 109* July 1094 July 10 "32" 49* Sale" O AO 1961 M 8 _ 139* 1059* 1964 Sale 99* 99* 109* 99* 994 99* 11 11 99* Sale 99* Sale 99* Sale 117 999* Sale 1950 174,000 Socony-Vacuum Oil 3s debs 2,000 South & Nor Ala gu 5s 64 39 Sale 10 409* 409* O ------ Shinyetsu El Pow 1st 69*8 99* 99* 639* 1 Highest Sale Prices July 17 58 July 26 219* July 18 64 July 24 39 July 31 61 July 2 549* July 5 209* July .23 629* July 2 35 July 2 29 ^Seaboard Air Line Ry— A O * Alst g 4s unstamped.-------1950 A O 95,000 *aStamped 4s_ 1950 ^Adjustment 5s Oct 1949 F A 46,000 *iRefunding g 4s 1959 AO I'OOO ACertificates of deposit---- — 117,000 4ist & cons 6s series A -1945 MS °V'RRR ACertificates of deposit MS 'RRR t* AAtl-Birm Div 1st g 4s May 1933 F A 3?'RRR t ASeaboard Air-Fla 6s A ctfs—1935 F A ^i'RRR *6s series B ctfs of dep 1935 J J 464.000 shell Union Oil29*s debs 1954 1.000 ASiemens & Halske deb 69*8 34 Sale Prices 54 29 7,--nn- 3{?'RRR 20 Lowest 107 1989 M N 5,000 Scio Vail & N E 1st guar g 48 16 89* 59* 49* Sale 1129a 1139* 115 659* 669* 629* Sale 1059a 1059* 1059* 1059A 110 110 11194 A sinking fund 6 9*s B—1946 AStamped 609* 23 Sale 35 7 J 7,000 559* 18 D 49*8—1947 iASt Paul E Grand Trunk 60 569* 29 h 149* 89* J J 1952 -.1990 St Paul & Duluth 1st consol 4s__1968 ♦Alst terminal & unif 5s a Gen & ref 5s series A Sale 55 RANGE SINCE JAN. Highest Sale Prices Ask Sale 549* 529* 63 M S J Ask Bid Bid JULY Lowest July 31 July 1 1940 Bid 29 EXCHANGE—BONDS May May May May May Jan. 10194 1059* 107 94 101 979* 23 15 28 18 23 2 1 11 6 18 1099* May 9 105 94 Apr. 8 10894 July 29 111 Feb. 2 106 Jan. 31 1029* Apr. 26 _ ------ 4s A O J D M 8 1069* Sale 47 Sale AfN Sale 489*' Sale 489* Sale 489* Sale J 569* Sale M 8 AfN J 50 80 63 Sale Sale ,--1955 stamped Sale 184,000 Southern Ry 1st cons 5s 1994 406,000 Devel & gen 4s series A 1956 147,000 Devel & gen 6s series A —1956 20,000 Devel & gen 69*s series A 1956 Memphis Div 1st g 5s —1996 34,000 St. Louis Div 1st g 4s 1951 22,000 Southw Bell Tel 39*8 series B—.1964 51,000 1st & ref 3s series O 1968 5,000 tASpokane Internat 1st g 5s_—1955 Sale 679* 11" Sale 1069* For footnotes see page 30. 1049* 93 70 Sale 73 125 125 July 115 1129* July 110 Sale 109 8794 90 Sale Sale 1039* 1059* 69 Sale 106^ Sale" Sale 1059* 68 Sale 76 72 1059* 107 679* Sale 639* Sale 63 679* Sale 749* 739* 63 70 75 909* J 99 Sale O Sale 169* Sale Sale S J 989* J Sale 54 100 57 94 Sale 8934 Sale 58 O 6594 Sale 62 A Sale 1069* Sale D D AfN Sale 85 Sale 879* Sale 67 99 122 125 1069* 1109* 12 11 — — — 97 70 July 869* July 10373j July 104 July 74 July 10694 July 63 July 6394 July 6394 July 90 849* 539* 579* Sale 1694 199* Sale 9994 999* 1059* 106 94 1059* 56 859* .—- 10594 94 11 13 9 29 9 1049* July 25 1059* July 1 3 31 8 Sale 88 649* 104 May 309* May 35 May 10794 Feb. 4894 Jan. Jan. 4 30 June 30 June 30 June 5094 Jan. 509* Jan. 509* Jan. 3 3 3 97 July 25 1059* July 24 127 58 Jan. 4 8094 Jan. 659* Jan. 5 4 May 619* Jan. 3 52 3 XZR^ 88 8 1039* 10 1059* 19 74 9 1069* 2 10 2 679* 68 67 9* June 83 June 42 1049* May May May Apr. May May May May June May May May June 122 July 1 1139* July 24 July June 53 57 63 1089* 102 15 1019* 1009* 81 1119* June 1049* June 769* June 103 7u July 102 May July July July July July July July July 55 10494 539* 539* 53 9* 579* July 17 209* July 22 100 July 1 10794 July 19 559* July 859* July 29 2 87 619* July 5 62 599* July July July 105 4 Jan. 3 72 112 Mar. 14 239* Mar. 12 Feb. 106M 1069* 1139* 10694 Apr. 24 Apr. 5 6 Feb. 15 Apr. 6 10 1289* Feb. 17 11 1159* Mar. 25 111 May 8 ~ Feb. 5 2 Apr. 6 10694 Apr. 74 July 19 1109* Jan. 11 729* Jan. 10 92 108 Jan. June May June 72 Jan. June 72 Jan. Jan. 5 3 1089* Mar. 14 979* Jan. 6294 Apr. 25 Apr. May 45 May 119* May 95 7 Jan. IV* Jan. 849* 78 Jan. 90 July July July July 8 3 6394 May 103 94 1 53 42 94 May 7394 114 Sale 7094 July 112 July 1069* July 1694 July 77 85 Sale 90 11 17 30 31 72 68 110 85 July July July July July July 1129* Sale 8994 1945 Af 8 1962 J J 1079* Sale *%AUnion Elev Ry Chic 1st 5s__ 1945 11234 114" Union Oil Cal 30-yr 6s ser A May '42 10294 Sale 3s debentures 1959 1149* Sale Union Pac RR 1st & land gr g 4s_ 1947 969* Sale 34-year 39*s debenture 1970 9694 Sale 35-year 39*s debenture 1971 AfN United Biscuit 39*s debs 1955 A O United Cigar-Whelan Stores 58-1952 A O 67 Sale Ujlgawa Elec Power sec 7s Union Electric (Mo) 39*8 57 68 Sale — 1952 F 8894 July 52 Sale Sale 1950 13.000 Tol St L & West 1st g 4s Tol W Va & Ohio 1st guar 4s 0—1942 M S Tor Ham & Buff 1st 4s .1966 J D Trenton Gas & Elec 1st 5s 1949 Af 8 J J 6,000 Tri-Cont'l Corp conv deb 5s ser A *53 64,000 25,000 8,000 4,000 158,000 175,000 45,000 62,000 72,000 9,000 Sale Tenn Coal Iron & 7 9*8--1955 8794 July Sale 126 159* 1039* 202,000 Standard Oil N J deb 3s. 1961 216,000 15-year 294s debs 1953 95,000 Studebaker Corp conv deb 6s..1945 113,000 Swift & Co 1st M 39*s 1950 AfN 1,000 ATyrol Hydro-Elec Power AGuaranteed sec s f 7s 799* im WA 123 106 A Sale 879* Sale 1059*' 11094 RR gen 5s —1951 J F Term RR Assn of St Louis 5s„-1944 Gen ref s f gold 4s 1953 J F Texarkana & F S Ry 5 9*8 A guar 1950 TTexas Corp deb 39*8 1951 J 3s debentures 1959 A Texas & N O cons g 5s 1943 J Texas & Pacific 1st g 5s —2000 J Gen ref 5s ser B 1977 A Gen & ref 5s series C 1979 A Gen & ref 5s ser D ,1980 J Tex Pac—Mo Pac Term 59*s A.1964 M I960 J 271,000 Third Ave 1st ref 4s A 1,349,000 AAdjustment income 5s.-Jan 1960 6,000 * AThird Ave RR 1st gold 5s 1937 J J 67,000 Tide Water Assoc Oil deb 39*8—1952 Tokyo Electric Light (Ltd) J 204,000 1st M 6s $ series——June 15 1953 J 36,000 Tol & Ohio Cent ref <fe imp 39*8-1960 689* 10694 10594 July 23 1059* July 17 Sale 1 38 July 4194 July 17 Sale 2 4894 July 16 449* July Sale 3 38 429* July 17 July Sale 1 429* July 17 379* July Sale 1 42 July 17 3794 July Sale 1 55 July 16 499* July Sale 2 66 July 7394 July 22 Sale 2 60 549* July July 12 68 July 709* 1109* 1109* 1119* 1109* July 1059* 106- 1059* July 18 16 July "20" 16 103 1039* Sale" 1049* Sale 1049* July Sale 104 July 1049* Sale Sale Sale 97 9294 July 105 July Sale 1059* Sale 69 ^Staley (A E) Mfg 1st mtge 4s—1946 8,000 3,000 66,000 12,000 50,000 267,000 2,000 69,000 62,000 94,000 48,000 10594 10594 1059* 38 Sale 399* 47 459* Sale 409* 389* Sale 409* 379* Sale 38 Sale 409* 53 499* Sale 699* 73 579* 549* Sale 11 5 8 8 8 4 1009S Mar. 20 May 15 10791 May 8 11 30 559* Apr. 19 8294 May 18 6694 Mar. 20 8994 Jan. 2 1 559* June 26 679* Apr. 22 ----- 99 120 11294 1049* 1069* 1059* 1069* 1059* July 1494 July 12 14M Sale 30 12 30 14 85 July Sale 999* 85 989a 10894 10894 1079* 1079* 1069* July 8 July 8 110 111 9*6 10994 10994 10994 July 1029* July Sale 103 1029* Sale 1129* July Sale 114 1139* Sale 9594 July 9794 Sale 9594 Sale 959* July 979* Sale 959* Sale Sale 1059* July 106 1059* Sale 61 July 67 66 61 70 98 Jan. 31 124 1059* July 1494 July 19 1 989* July 22 9 10894 July 8 11094 103 1149* 9894 989* 106 6694 July July July July July July July July 18 11 1 3 26 30 6 23 9994 Mar. 27 Jan. 23 May 15 125 104 May 25 149* Apr. 1394 Feb. 80 May 1059* May 8 July 10994 May 10094 May 110 May 9294 May 929* May 1049* June 5894 June 13 16 108 Jan 14 94 July 1494 May 5 1 2 989* July 22 Jan. 10 109 9 1129* Jan. 20 Feb. 15 10494 May 115 9 Feb. 13 999* Apr. 26 9994 Apr. 26 106 June.17 7794 Apr.S 3 30 u. y. stock Sales in 8? July BONDS Value Price n. y. stock exchange $ 145,000 United Drug Co (Del) 5s PRICES Jan. 2, 1940 Bid .1953 M S 1,000 U N J RR & Canal Co gen 4s_ exchange-bonds July 31 July 1 Ask 80 % 109% 1944 M S Sale United States Steel Corp— Bid IN JULY Ask Ask Bid 79 M Sale 108% Sale 8314 RANGE SINCE JAN. Lowest Highest Sale Prices Sale Prices 79% July 108% July Sale 108 Lowest 84% July 108% July Sale Prices 75% May 21 19 108 1 Highest June 1 Sale Prices 89% Apr. 9 110% Jan. 24 Serial debentures— .375s 1940 Nov -May 1941 MN May 1942 MN _ .75s .875s 1.00s May 1.375s 1.50s 51666 1942 MN Nov 1.25s " Nov May 1.125s___ 5,000 5,000 Nov 1943 1943 1944 1944 1945 1945 1946 1946 1947 1947 1948 May 1.625s 1.75s 1.80s 1.85s 1.90s 1.95s 2.00s 2.05s 2.10s 2.15s 2.20s 2.25s 2.30s 6,000 1,000 "61666 2,000 7,000 8,000 4,000 ' 2I660 1,000 Nov May Nov ; May Nov -May Nov MN "11666 5,000 " 2I606 1,000 "Y1666 100 100 MN 100 MN 100% MN MN 100% Sale 100% MN 100 MN Nov Nov 1950 MN -May 1951 MN Nov 1951 MN -May 1952 MN 2.40s 2.45s 2.50s 2.55s 2.60s Nov 1952 MN May 1953 MN Nov 1953 MN 1954 MN May Nov 2.65s May AUnited Steel Wks g 6%s ser A a3 %s ser A assented Vandalia consol g 4s A Consol 4s series B Vera Cruz & Pacific RR— 22M 1951 14 _ 14 cons 22 14 20 Sale 85 Sale Sale 101 M 1944 102% 103 M 80,000 35,000 M . 55,000 21,060 31,000 10,066 28,000 99,000 5,000 6s debentures Sale 45 83 61 62% Sale 108 M 9 Sale 290,000 95,000 37,000 10,000 79,000 73,000 109,000 167,000 2,000 150,000 Western Maryland 1st g 4s First & ref 5%s series A 85 Sale j 84 88 % Sale Sale Sale 66 Sale Sale Sale 12 50% 44 15 Sale Sale 98 % Sale 101 »n Wilson & Co 1st M 4s 103H 104% 114 Winston-Salem S B 1st 4s ' ----- Sale Sale 105 AWisconsin Cent 1st gen g 4s.-1949 ACertificates of deposit 30,000 67,000 ♦aSup & Dul Div & Ter lst4s_1936 MN ACertificates of deposit 3,000 23,000 Wisconsin Elec Power 3%s 1968 A O 59,000 Wisconsin Public Service 4s 1961 J D " AWorces & Conn East Ry 4%b.1943 </ 13 97 1947 1966 1371666 16 20% July 20 Apr. 87% July 101% July 102 July 23 6 5 84 29 110% July 23 45% July 30 57 July 108% July J 16 25 Feb. 29 1 20 Jan. 1 Jxine 27 93% Jan. 23 May 21 104 Apr. 25 May 28 104% May 8 96 95 33 M 28 21 44 44% 10% 7% 35% Sale 40 12 36 Sale 13% if* % Jan. 34 Sale 10 78 79% 30% Sale 31% 37 65 42 July July July 14% July 18 Sale 18 Sale 9 Sale 6% 8% 109M Sale 109% 110 9% —a — 80% 81 84 85 87% 90 107 % 108% 107% 13 44% Sale 40 45 113 114 12 44 July 9% July 7 July 44% July 10% July 9% July July July July July July July July 12% 12% 62% 66 65% 14% 48% 45% 113% 10 111 23 30% June 6 48 Apr. 4 June 5 20 Jan. 11 Jan 30 Feb. 14 31 41 Jan. 19 28 51 11 9% July 7 July 39} Apr. 13 13 3 21 42 July July July July 104 July 69 July 79% July 31 78% July 27% July July 17 107 July July July July 100% July 124 108 116 110 17 July July July 26 111% July 6 101% July 9 109 22 116% Sale 2 80% July 84% July 90 85% July 3 July 5 108% July July 1 11% July 18% 12% July Sale 13 11% July 2 July 2 65% July 63% 60% July Sale 2 63% July 68% July Sale 1 68 61% July July 15 16 July 22 17% July Sale 1 44% July 49% July Sale 45 8 47% July July 113% July 22 113% July Sale 101 1 102% July July 102 100 8 100 July July 13 12% July 26 12% July Sale 2 105% July 103% July Sale 1 100% July 98% July 108 23 22 7% 5% 109% 110% July July July July July July 4% May 21 4% May 21 4% June 11 101% May 15 56 May 23 98 May 31 78 2 124 July May 13 29 17 6 20 12 11 11 3 17 18 22 5 8 12 27 31 18 18 30 10 9 19 3 June May 23 Jan. May 7 13% Feb. 27 9 16 35 80% July 31% July Sale 108 A June Jan. 10 16 6% 6% 6% 5% 101% Sale 102 100% 101% 99% 13 11% 12% Sale 104 105% 98% Sale 100% 110% 110% 18% Sale 21 22% 17% July 17% Sale 24 16% 16% July 5% 7 7% 6 8% July 5% 8% 5% 8% 5% July 107% 108% 108% Sale 108% July 108% Sale 109% 110% 108% July 3 8 17 65 124 122% Sale 107 % 108% 108% 110% 116% Sale 116% 116% 109% 110% Sale 99% 100% 101% Sale 11% Sale 11% Sale 58% 64% 63% Sale 62% Sale 31 6 % Mar. 20 May 6 51% Apr. 5 70 May 29 76% Apr. 29 54% June 19 62% Jan. 3 102 May 21 109% May 9 107 40 25 14% 28 Sale 106% 109% 106% 109% 107 Wheeling & L Erie RR 1st con g 4s '49 M 9 Wheeling Steel Corp 4 Ms ser A_ 1966 F A White Sewing Machine deb 6s.-1940 M N * AWilkes-Barre & East 1st gu g 5s'42 J D 3%s 20% July 55 July 107% July Sale 75 68 M 67 D 1955 100% July 15 100% July 15 July 13 100 July 13 May 15 25 Mar. 9 20 July 13 23% June 27 20 9 24% Man 1 July 100 18 109% July 45 July Sale 37 17M 18M 17% Sale _ 23 9 73% 57 Sale D 108 1951 J July July 1% 49 73 55 28 126% J J 108M 109M M 9 118 *4 Sale J 108M 109 1952 A 1977 J A 51 30 D O ser 16 A ' Conv debentures 71H 36 34 n 108 J 100% July 30 100% July 30 100% July 29 100% July 29 July 26 100 July 26 100 July 99% July 100% July Sale 107X 107% 108 34 F 20 35% 39% 6 5 5% 5% 5% 6 5% 7 4% 5% 5% Sale 4% Sale 4% 5% 5 7 4% Sale 103% 104 M 104 103% 60 68 68 Sale 60% 60 76 76 79% Sale I960 M S AWestphalia Un El Pow 6s-._-_1953 J J West Shore 1st 4s guar J 2361 J 45,000 Registered J 2361 J 6,000 349,000 1,000 15,000 75,000 59,000 40 8 Western N Y & Penn gen 4s 1943 A O AWestern Pacific 1st 5s ser A__1946 M S AAsS61lt6(l M S Western Union Teleg 4%s gold, i 950 MN Gold 5s Gold 5s 110% 1% 110 Sale 42 4814 5 28,000 Warner Bros Pictures 6s debs—1948 M S a Warren Bros Co. deb 6s 1941 M S 2,000 Wash Term 1st guar 3%s 1945 1st 40-year guar 4s._. 1945 51666 Westchester Light gold 5s 1950 Gen mtge 3 %s 30,000 1967 4,000 West Penn Power 5s seriesjJE—1963 1st mtge 3 Ms series I 64,000 1966 18,000 West Va Pulp & Paper 3s 1954 21 9 85 88 Sale 101% Sale 40 102,000 " 13 20% July 101 20 Sale O Warren R R 1st ref gu g 3 %s—2000 Wash Cent Ry 1st g 4s 1948 July July 20 87% Sale Vs . 1955 19 19 106 J 1954 J 1941 J 1939 O 1941 aTo! & Chic Div 1st g 4s_ 1941 M S tAWabash Ryref & gen 5%s A__1975 M s ARef & gen 5s (Feb *32 coup) B '76 F A ARef & gen 4%s series C_ O 1978 ARef & gen 5s series D O 1980 Walker (Hiram) G & Wdeb4%s 1945 D Walworth Co 1st mtge 4s O 1955 2,666 15 13 21 99% 100 M Alst lien 4,000 63,000 20 25 20 Sale 108 iWabash RR 1st gold 5s.—-1939 MN **Second gold 5s 1939 F A 50-year gold term 4s iDet & Chi ext 1st g 5s * ADes Moines Div 1st g 4s. AOmaha Div 1st g 3%s July 25 100% July July 25 100% July 106 O 1958 A 75,006 Virginian Ry lst&ref3%sser A 1966 24 25 15 100% July 13 100 July 18 — 18 90 1944 5s 18 20 18 J *a4%s assented 1934 50,000 Virginia Elec & Pow 3 %s ser B. .1968 M 5 110 7,000 Va Iron Coal & Coke 1st g 5s._-1949 Af S 31 Va & Southwest 1st guar 5s 55 J 2003 J First % 24 - 1951 —1955 F A 1957 MTV 100% July July 100 20 19 .... „— 7,000 24 — 1947 1947 United Stockyards 4kb w w 81,000 Utah Light & Trac 1st & ref 5s_ 135,000 Utah Power & Light 1st 5s 100% July 30 100% July 30 100% July 29 100% July 29 July 26 100 July 26 100 100% 100% 22M 1951 161666 100 100 100 1954 MN 1955 MN 1951 J D 1951 a6%s series C a3 Ms ser C assented— ASinking fund deb 6%s ser A a3 %s ser A assented July 25 100% July July 25 100% July 100% 100% 100% July 29 100% July 29 100% July 100% July 29 100% 100% Julv 22 100% July 22 100 % July 100% July 22 101% 100% July 23 100% July 23 100% July 100% July 23 Sale 100 July 19 100% July 31 100 July 100% July 31 Sale 100% July 31 100% July 25 100% July 100% July 25 100% 100% 100% July 23 100% July 23 100% July 23 100% July 23 100% 100% July 18 100% July 18 100% July 18 100% July 18 100% 100% 100% 100 99% July 99% July 19 99% July 19 99% July 19 100% July 100% 100% July 19 100% July 19 100% July 19 MN 1949 MN 1950 MN May 100% 100 100% 100 99% 99% 99% 100% 100% 100% 99% 99% 99% 99% 99% 99% MN 1948 MN 1949 MN May : MN MN 2.35s 10,000 1,000 99% 99% 99% 100% 100 100% 100 100% 100 100% 1941 MN Nov .50s .625s_ 5 5 Jan. 17 Apr. 24 Jan. Jan. Jan. Jan. Jan. Jan. 4 79% Apr. 12 9% 9% 9% 9% 106% 70 2 3 3 2 9 90% Mar. 27 36% Mar. 15 37 May 10 60 May 18 70 Feb. 106% June 22 109% Apr. 108% May 22 109% Feb. 120 June 5 128% Apr. 104% May 28 110% May 115% May 29 120 Tan. Mar. 107% May 15 112 98% May 31 102% Apr. 72 May 27 86 June 92% 18 6 17 15 26 Apr. 79 8 3 20 107% Jan. 10% June 10% May May 53% June 51 May 10% June 50 35 June 3 4 May 0 4 108% Feb. 11 18 % Feb. 7 21 22 18% Jan. 67% Jan. 4 10 72 22 70 11 5 32 May 23 110% June 12 96% Jan. 29 100 July 8 9% May 28 100% May 29 96 May 28 1 Jan Jan. 17% July 52% Jan. 47% July 18 116% May 14 102% July 5 103 Jan. 10 13% Jan. 2 4 106% Apr. 102 Apr. 27 Feb. <> 6 112 110 Apr. 11 13% May 21 25% Apr. 3 14 June 10 23 Apr. 2 10 5 10% Apr. 9 May 29 Apr. 5 .J3/* 106 May 15 110 May 2 107% June 10 110% Apr. 12 14 9% Jan. 26 Apr. 12 4% June Youngstown Sheet & Tube— 153,000 202,000 Convertible deb 4s 1st mtge 8 f 4s series O 1948 M S • 105% Negotiability Impaired by maturity. A 109 % 1961 MN Bonds selling flat. 5 The following bonds have been redemption, either entirely or called for partially: Electric Auto Lite 4s 1952, partially Aug. 1. Motors Acceptance 3%s 1951. entirely. Aug. 6 at 103. Staley (A. E.) Mfg. 4s 1946, entirely Aug. 5 at 103. Texas Corp. 3%s 1951, Aug. 12 at 103. 104% 105% Sale Sale 103% 105% Sale Sale 103% July 105 July t The price represented Is the dollar quotation per 200 pound unit of bonds. Accrued interest payable at exchange rate of $4.8484. Brooklyn-Manhattan Transit 4%s 1966, entirely Aug. 2 at 103. General Sale Sale 22 104% July 22 106% July r Cash sales, only transactions of the month, and not included in year's range. x X Companies reported as being in bankruptcy, receivership, or being reorganized under Section 77 of the Bankruptcy Act, or securities assumed by such companies. a the Deferred delivery sales, only transactions of month, and not Included in year's current range Under the rule sales, only transactions of the current month>nd not included in year's range. n 4 101% May 28 109% Jan. 101 May 20 106% Apr. 26 Ex-interest The following cash sales during the current month and in the monthly or yearly range. e current were are transacted not included Atch Top & Santa Fe 4s 1909 due 1955, July 3 at 98. * The following deferred delivery sales were transacted during the current month and are not included in the monthly or yearly range. None. New York Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF STOCK July Jan. 1 to July 31 effective Oct. of stocks which sell only in a small way. In accordance with a rale or tno Stock Exchange, lots except In the case MOTifim—flash and deferred delivery sales are outside^of ^aT^ular range Jan. 1 to $119,431,000 966,026,000 $98,120,000 942,544,000 July 31 3.1915. all stock! are now quoted dollars per share. Prices are on a basis of 100-share disregarded In the month's range, unless In the month In amnthly range aM ehowo la .footnote 1939 1940 Bond Sales July 18,067,920 126,832,006 Sha7,304,820 134,271,636 ... PRICES DURING JULY 1940 1939 1940 Stock Sales they are the only transactions of the month, and when selling which they occur, Wo account Is taken of such sales In computing the for the year. AGGREGATE SALES Iri July 1,000 ""60 1,100 6,300 2,000 700 18.000 500 16", 100 9,500 19,300 6,200 8,600 17,200 "24100 7,400 200 4,300 17,800 400 17,900 400 1,000 100 1,700 1,400 20,700 5,100 590 2,400 2,300 90 7,900 8,800 800 14,900 4,900 7,400 200 500 ""400 1,400 1,200 190 1,000 100 4,900 3,400 500 400 8,500 6,300 300 2,100 1,500 1,000 5,400 ""265 9,400 3,500 4,800 1,300 3,200 200 1,570 25,800 4,600 6,200 37,500 380 Abraham & Straus 18,300 Acme Steel Co 500 19,400 3,700 7,800 700 4,600 30,400 1,300 9,200 6,500 8.200 200 66,600 300 900 530 115 48 50 8* Sale 21* 22* 18* Sale 56* Sale Sale Sale Sale 15* 5 * Allied Mills Co Inc Allied Stores Corp 5% preferred -----100 232,200 Allis-Chalmers Mfg.---„ * 13,600 Alpha Portland Cement 28,000 Amalgam Leather Cos. Inc—1 6% conv preferred 50 4,900 —* 34,200 Amerada Corp Am Agric Chemical (Del)----* 24,200 American Airlines Inc 10 335,800 10 73,800 American Bank Note "io" "io* 50 —1 -* 100 6% preferred American Bosch CorpAm Brake Shoe & Fdy— 5*% conv preferred Amer Cable & Radio Corp—-1 American Can..—.— 25 Preferred...-----------100 13 Sale 8* Sale 67 68* 40* Sale 12 14 Sale 3,200 85,700 76,500 28,400 49,500 333,300 140,200 6,100 50,800 89,800 24,200 56,500 5,400 49* Sale Sale 138 preferred 101 15 Sale • 7* 37* 5* Sale 175 23* 41 Sale 4 9 76 13 7 5* 9* 78* 1* Sale .4* 3* 1* Sale 15* Sale 3 4* 11 25 4 14 Sale Sale 21 Sale Sale Sale 3* 37 48* 12* 45 * Sale 11* 1* ---_* * —50 Sale Sale Sale 120 25 Light-—--—-* $6 preferred-.—— * Sale $5 preferred—... ---* Radiator & Stand San—* Sale Am -—-100 25 American Rolling Mill— 4*% conv preferred----100 Safety Razor —.18.50 Co———* American Ship Building--—* Amer American Seating Sale Sale 155 Sale 70 Sale 10* Sale Refining-—.--* ———-—100 Snuff-—-———-25 144 preferred-———-—100 150 Amer Smelt & Preferred Sale 69* Foundries * Stores—-------—* * American Sugar Refining.. 100 Preferred -—100 Amer Sumatra Tobacco .* Amer Teiep & Tel eg— 100 American Tobacco———25 Sale 25 Sale -100 Sale Amer Steel American American Stove Co Class B 6% preferred Type Founders—10 & El— —• Am Wat Wks $6 1st preferred-—-----—* American Woolen—— * Sale Sale 97 144 Sale 145 For footnote* aee 40. Sale 6* 1* Sale 4 22 13 160* 75* 77 141* 3* 9* 75 5* 33 1* 13 * 3 * 30 Sale 11* 13* Sale 77* 15 4* 26* 53* 2 22 3* 38 Sale 29* Sale Sale 23* Sale 3* 50* 43* 6 146 49 Sale Sale Sale Sale 162 8* 7* 25 11* 13 13* 74 15* Sale 12* 13* 14* Sale 16* 163 Sale Sale 75 Sale Sale 76 144 3* Sale Sale 43 Sale 23 .26 14 15 Sale 8 64 July 1 33 July 3* 8* Sale 147 Sale Sale Sale a90* 8* Sale 39* 5* Sale 35 20* 25 15* 111* 18 31 30 5 30 30 30 6* July 5 July 9* July 80 July 1* July 4* July 1 * July July July July July 4* July 18 IV* July 28 July July 2* July 21* July 3* July 54 Sale 42 Sale 24 24 8 July 11* July 2* July 12* July 3 90 July 3 20* July 3* July 47* July 40 July 5* July 143 July 17 6 9 1 24 25 23 June 1* 9* 38* 12* 41* May May May May 35 July 11* July 12 July 13 July 73* July 15 July 158* July 73* July 75 July 142* July 3* July 8* July 87 July 8* July 36 July 4* July 23 128 2* 87 164 18 34 13* 100 112 9 17 30 5 5* a* 30 9 10 1 17 16 13 31 13 19 75* 3* 1 10* 2* 9* 23 3 23 17 45* 17 23 18 1 3 135 9 10 30 76 15 20 5 10 31 6 25 3 24 2 25 July 19 18* July 24 25 39 Sale 14 July July 109 July 23 31 July 24 12 8 Jan. 4 7 1* 14* 12* 17* 26* 73* 12* Jan. Jan. 8 8 3 Jan. 4 Apr. 8 Jan. May 10 Mar. 21 Apr. Apr. 16 9 Jan. 25 Apr. 23 Jan. 2 May 8 Jan. 4 Jan. 9 15 28 9 2* Jan. Apr. 22 58* Apr. 5 28 18 21 Jan. 4 12 75 10 Apr. 12* Apr. 15 9 June 18 50 Jan. 3 May 3 26 9* 45* May 21 May 24 135 2* July 25 May 21 116* May 27 177 May 28 33* 51* May 21 May 28 23* May 21 112* May 28 May 23 9* May 18 8* May 18 15* May 21 May 27 91* 3* 'May 22 June 17 6* May 15 May 21 May 21 May 28 24* 50 May 21 6ii May 28 May 24 38 May 21 66* May 21 May 23 fl June June 6 23 2 30 19 17 17 6 30 31 22 31 18 May 9 Feb. 23 Apr. 4 Jan. 5 Apr. 18 Mar. 25 Mar. 8 Apr. 16 Jan. Jan. 8 8 Jan. 4 Jan. 8 3 Apr. 23 Apr. 22 Apr. 3 May 1 Mar. 29 Apr. 25 Mar. 20 3 121 Mar. 19 Jan. 6 Apr. 26 Apr. 27 Mar. 26 15 21 21 54 21 7 5* Jan. 63* Jan. 10* Jan. 12 163 Jan. Mar. 17* Jan. 70 Jan. 12* Mar. - 11* Feb. 23 37* Apr. 21 54 Apr. 28 147 Apr. 15 11 15 15 Feb. 9 25 152* May 1 22 70 18 28 33* 14* 17* 23* 30 93 22 Jan. 3 Apr. 12 Jan. 5 Feb. 23 Feb. 23 Mar. 13 21 18 28 175* Mar. 12 22 21 89* Apr. 91* Apr. May 5* Apr. 12* Jan. 101* Apr. 12 Apr. Apr. O 75 Apr. 45* Apr. 32 Apr. 41* Apr. 22* Mar. 112* May 4 151 11 10 May 21 20 May 21 12* May 21 June 2 3 Apr. 22 11 18 107 Jan. 15 May 21 25* May 21 4* May 22 June Jan. 28 18 6 35 29 3 22* Jan. 63 Apr. 24 3 14* Jan. 4 3* Jan. 25 2* May 21 5* May 21 June Jan. July 19 May 10 22 21 83* 18 57 19* May May May 12* May 73* July 11* May 145 May 69 May 70 May June July 23 5 136 3 June 28 31 21 if* Jan. SVA 48* 6 May 23 May 30* May 122 May 51* May 139 May 13* July 14 July 77* July July 3* July 9* July 90* July 9* July 40* July July 40 July 21* July 24 July 15* July 111* July Apr. 22 5 13 9 146 3 16 June 7 9 29 5 9 Jan. 10 9* May 15 48* May 21 3 July 8 15* July 10 163 July 29 76* July 8 Apr. Apr. Jan. May 41* May 10 May 38 May 10 May 1* May 12* May 90 July 20* June 2 May 34* May 28* May 4* May July 25* July 14 Feb. 2 58* Jan. y9 Marrrr Mar. 26 77 June 28 11* July 10* July 25 67* July 59* July 17 8 8* July July 17 1 7 July 7* July 1 31* July 26* July 34* July 15 39* July 134* July 22 138* July 1 56 54 July July July 140* July 11 142 22 Feb. June 48* July 14 July 54* July 12* July 2* July 15* July 90* July 22* July 4 July 51* July 44* July 6* July 3 146 10 6* June 11 135* June 10 182 14 8* May 15 10 June 5 16* 9* 4* May 21 55 73* May 28 21* May 22 41* 30 Sale 25* June 11 July July July July July July July July July July July July July July July July July July July 40 Sale 148 9* July 151* July 9* July 22 12 July 3 6* July 24* July 4 July 26* July 51* July 1* July 20* July 3 July 144* 142* 144 20 109 4* 12 Sale Sale 3 11 25 July July July July July July July July July Sale 39* Sale Sale 37 134* 134* 138* 132 57* 55* Sale 54 140 6* 4* 8* 75* 1* 12 31 Sale page 80 Sale $5 prior conv pref———.26 $5 div preferred 9* Sale 8* Sale 39* 21* Sale 66* 8* 7* Sale 9 Sale 5 8* 76* 1* 4* 1 * 14* 3* 21 70* 22 147 22 46* 25 52* 9 28 5 27* 15 19* TO 21 21 4 10 21 21 21 July 29 13 Sale May May May May May June June 34* 4* 16* 12* 36* June *-June 60 May 4 May * June 5* June 4* May 7 May 15* May 12* July 24 12* 1 * 5 1* July 14 10* 10* July 19 41 43 July 23 45* Sale 14* 13* July 26 Sale 62* 56* July 12 Sale 6* July 29 7* 40 36 Sale July 18 6 5* July 19 t>* 37 Sale 33* July .16 2 135 132* 132 * July 2 * July 25 Sale 2* 96 Sale 93* July 27 177 172* July 12 177 9 Sale 25* 22*' July 39 Sale July 10 43* Sale 19* 17* July 24 July 18 105 107* 104 122 118* July 11 121 5* 6* 50 30 July 26 44* July .30 5* July 1 18* July 11 13 % July 19 42* July 31 12* 1* Sale 60 7 119 Sale Sale Sale 26* 19 68 11 11* 8 24* 43* Sale 12* Sale 2* 2*15* Sale 90 100* Sale 22 22* Sale 3* Sale 51* 49* 42* Sale 6 174 Sale 7* July 144* July 9 July 11 July 5* July 59 July 27 July Sale 39 * 6 10 45 Sale 50 40 37 Sale Sale 2* 14* 75 15 10 40* 14* 60* 7* Sale 7 July 10* July 20* July Sale Sale 12.50 — * 16 32 61 8* July 54 Sale Anchor Hock'g Glass Corp 58* July Sale Prices 4* July * July 10 July 8* July 16* July 22* July 4* July *6 July 47* 13* 49 —100 Anaconda Copper t* Anaconda Wire & Cable 1 110 Sale Zinc, Lead & Smelt... 1 Preferred July Sale 89 Sale Amer 58 30 47 * July 12 July 95 Sale Sale 40 2* 13* Sale Sale 2* 90 23* 11* 11* 13* alVA Sale 12* 1* 104* 105 --—-100 Amer Power & American 12 Sale 28 — 6% 13* 1* Sale -* —100 Am Mach & Foundry * Amer Machine <fc Metals -* American Metal--— -* 6% conv preferred —100 American News Co—-— * American "7 * 52 Preferred Lowest Sale Prices 74 25 Amer Invest Co of Illinois Preferred 70 118* 121 6* 4* Sale Sale 1 * 5% conv pref 8,300 Amer Locomotive 174.700 26,900 69,200 25,200 63,600 1,300 9,810 373,900 79,800 112,900 37 Sale Sale 50 Corp 40 22 7* 132* 134* 129* 2* 95* "98" Sale 18* $7 preferred ... 2d preferred A— ---. $6 preferred— Am Hawaiian Steamship 10 American Hide A Leather—.1 6% 36* 5* 22* Am European Securities Am & Foreign Power —... Amer Internal Highest Sale Prices 141 Sale 8* 149* 150 10 9* 11* 11* Sale Sale 6* 6 59 62* 55 32* 27* Sale 40 10 100 1 4* * 9 171 10 American Ice---.-. 33* 9* Sale 8* Sale 15* Sale Sale 7 * 7 20 b% conv preferred— Amer Home Products 58* Sale 117 148 Sale — xuw Sale 61 100 American Coiortype 'jq'«no Am Com Alcohol43*200 Amer Crystal Sugar Co.. 2 0601 6% 1st preferred 42 300 Amer Encaustic Tiling Sale 4* % 8* 6* 10* 21* Sale 16 Sale American Chain & Cable----* 40,130 39 Sale Sale * Amer Car & Foundry-—Preferred 5* 18* 12* 12* 1* 9* 45* 14* 5% conv preferred 100 American Chicle— * 13,600 170 Am Coal Co of Alleg Co N J-25 •*w 1 Highest Lowest July 23 44 44 45 44 July 16 Sale 5* July 25 5* Sale Sale rl8 18 Sale July 24 13 14 July 29 13* 13* Sale 38* July 42* Sale *-Juiy-HH5' * —* —*- 47* 62 Dye-.--—-—* 176* Sale Alliea Kid Co 41 141 Ask 50 " Sale Allied Chem & 32 W ——yj 6* 320,500 Alleghany Ludl'm Steel Corp * 100 Alleg & West Ry 6% gtd--_l00 -1 40,400 Allen Industries Inc 258,400 43,000 10,100 58,500 14,900 10,200 267,700 51,800 122,500 13,600 81,900 443,200 7,900 230,600 107,800 196,600 3,500 1,230,000 11,500 27,800 2,520 400 * Sale 58 Sale Sale 12,800 2,600 1,200 * Ask Bid Bid Sale --* 142,900 Allegheny Corp Pref series A $30 warr'tS-100 175,100 Pref series A $30 ex-war_100 36,200 $2.50 prior conv pref * 29,700 610 2,200 Ask 48 19,100 Addressograph Multigraph__10 * 211,400 Air Reduction Inc - * ^12,800 .AifeW ay-Bilec Appli Corp. 100 30 Ala & Vicksburg Ry Co 10 166,200 Alaska Juneau Gold Min 50 500 42* 25 --- 600 120 68 * 144 -* -- 118,400 Adams Express.— 24,700 Adams Millis 740,200 1,720 314,600 15,900 37,900 28,125 31,080 227,600 12,000 13,500 16,100 1,100 1,900 1,200 1,680 8,800 -* 100 Bid Sale Prices July 31 July 1 Par 29,200 Abbott Laboratories 4* conv preferred 370 4,740 137,800 43,900 2,010 7,900 99,400 9,500 293.700 55,100 112,900 2,700 RANGE SINCE JAN. JULY 1940 Shares 83,200 7,100 112,400 258,600 10,100 IN Jan. 2 Jan. 1 Shares PRICES Price STOCKS N. Y. STOCK EXCHANGE Since 4 5i8 15 9 3 8 4 15 23 23 10 22 9 8 8 2 32 N. Y. STOCK EXCHANGE—STOCKS AGOREGATE SALES In July PRICES IN JULY Jar,. 2 1940 Jan. 1 Shares Price STOCKS N. Y. STOCK EXCHANGE Since Shares 1,200 100 1,000 1,600 19,900 2,600 July 1 Par 7,700 19,700 14,100 11,800 636,100 56,400 500 "4",100 1,400 700 30 140 102,500 2,700 5,800 4,700 8,980 325,900 27,900 102,800 26,600 23,300 243,300 4,300 247,300 51,900 14,500 2,690 28,700 58,120 200 960 16,500 2,400 6,300 200 100 13,700 300 10,500 1,300 600 60 1,000 1,000 180 28,100 Armour 12 3 32 Bid Sale 5 Armour of Illinois. prior pref. $6 convertible 100 * 7% preferred 7% preferred— Goods 6% 1st preferred 7% 2d preferred--- 5 * 100 1 Associated Dry -.-100 100 103 Sale Sale 102 10H 105* 9* 9* 96* 101* 8 8* 70 7* Sale 75 Sale 89 Sale Sale 24* Sale Sale 15 50 * Sale Sale 47 100 ?2* 16 Sale Sale Sale 18 Sale 20* Sale — 100 * * -* 3 \ly Sale 108 * 109* 46 "64 800 17",300 5,100 600 2,000 89,700 1,700 1,300 2,000 10,700 400 20 130 33,600 6,200 350 290 3,000 14,700 17,900 100 1,800 4,800 9,600 20,800 200 700 20,400 88,100 400 3,900 100 4,100 9,400 74,100 228,500 261,400 6,200 15,700 223,900 885,900 49,800 80,300 3,600 114,600 106,200 220 2,430 190,700 13,470 202,100 109,900 45,600 215,500 134,200 102,800 2,400 1,100 9,700 2,600 400 800 2,100 100 9,100 13,600 2,600 5,900 30 15,600 1,700 500 570 170 2,500 2,900 1,200 120 8,700 31,700 1,900 5,200 50 2,200 2,100 200 600 1,200 120 Co—; 50 - 12,400 1,120 7,100 4,700 2,200 9,200 10,300 3,900 810 KR 5,700 Beech-Nut Packing —20 21,300 Belding-Heminway * 500 Belgian National Rys part pref 695,600 Bendix Aviation Corp 5 70,400 Beneficial Indus Loan Corp..* Prior pref $2.50 div ser '38.* 7,200 * 31,400 Best & Co 1,461,700 Bethlehem Steel Corp (Del).. * 45,500 7% preferred 100 25,300 Bigelow-Sanford Carpet Inc. * 29,300 Black & DecJser Mfg Co * * 158,400 Blaw-Knox 10,600 Bliss & Laughlin Inc 5 900 Bloomingdale Bros * 860 Blumenthal & Co pref 100 727,300 Boeing Airplane Co 62,700 Bohn Alum & Brass Corp 5 * 3,770 Bon Ami class A Class B 5,650 51,700 Bond Stores Inc 207,700 Borden Co (The) 15 289,700 B org-Warner Corp 5 100 9,000 Boston & Maine RR 38,200 Bower Roller Bearing Co 5 Brewing Corp of America. ..3 Bridgeport Brass Co * Briggs Manufacturing * Briggs & Stratton * Bristol-Myers Co 5 Brooklyn & Queens Transit. _* Bklyn-Manhattan Transit * preferred series A * Brooklyn Union Gas * Brown Shoe, Inc Brunswtck-Balke-Coll Bucyrus-Erie Co 7% preferred Budd (E G) Mfg Preferred 7 % Budd Wheel Bullard Co Bulova Watch Burlington Mills Corp Burroughs Add Mach Bush Term Co Bush Terminal Bldgs Depos. ctfs. 7% pref Butler Brothers 5% conv preferred Butte Copper & Zinc Byers (A M) Co Partic preferred Byron Jackson Co * * 5 100 * 100 see page 40. Sale Sale 46* 65* 62 5* 5* 2* 15* 4* Sale il* Sale Sale Sale lu* Sale 116 i§* Sale 14 15* Sale 3 * Sale 4* Sale 8* Sale 39* Sale July 3* July 4* July 6* July - 106 2154 28 Sale 39* 50 Sale Sale 29* 18* Sale 51* 25 Sale M 27 Sale 120 Sale Sale Sale Sale 17* 56* Sale Sale Sale" 23* Sale 17 12 62* 13* Sale 21* 60 1 30 39 Sale a 63 14* 27* 107 57 22* ir> VA Sale 5* Sale T* 43 Sale 42 Sale 3* 23* 19* 100 Sale 17 28 103 Sale 109* 108 Sale zl7* 32 18* Sale ** 102 Sale Sale 3* 104 29 Sale 5 Sale 25 27 15* Sale 751 Sale 2* Sale Sale) Sale 8 105 3* Sale 27 Sale Sale 20* Sale Sale 1 29 Sale 24 1 * 39 5* 28 27* 17* 7* 7 6* 5* 5* 20 18* 2* Sale 7* 4* 19'* 3* 81 5 15* 5551 11 Sale 20* 4* Sale Sale lM Sale 14 7 A* Sale Sale Sale Sale Sale 12* 19* ii* 18 Sale Sale 53 Sale Sale 6 Sale Sale Sale 12 Sale Sale 13* Sale Sale 34 Sale 36* 33 32* 74* Sale Sale Sale Sale Sale 65 Sale 3* Sale 5 Sale Sale 102 11 1 12 13 2 10 8 15 25 20 5 24 12 il* 4 31* 4 38 80 28 2* 47* 102* 45 26* 114* 651 50 17* 15! M* 48 H 1 §* 15 3 92 Sale Sale Sale Sale 4* 33 Sale 39 85 May 21 May 21 July 13 July 13 8* July 30 * 12* May 2 * May 3* May 7* June 34 May Feb. 27 Apr. Apr. Apr. Apr. 4ZH Apr. Apr. 9* Jan. 102 July 30 22 22 20 4 4 m 23 22 26 23 19* 15 6* 8 15 11 14* 21 L52k ""8*"May *21 4 20 May 15 May 21 7* June 10 20* May 21 111* June 10 18* May 21 105 May 28 102 8 30* July 5 114 July 9 8* July 6 12Vi 5 i ; July 30 i July 26 I July 27 July 31 i July 30 July July July ; July I July July July July July July July July July July I July July 51 18* 2 A* Sale Ul% Sale July 4* July July 2* July 6* July 53 July 10* July 18 July 50* July 1 July 5* July 11* July 13* July 34 July 2* July 32* July 3* July 5* 3* 102 5 3 90 Sale A* Sale 51 17* 1* 111 2* 4* July July July July July July July July July July July July July July July July 15 30 18 30 30 30 23 30 31 9 2 16 1 31 12 31 1 30 31 19 1 6 25 9 17 16 30 30 8 | July 15 July July July I July ! July July i July 19 o 17* July July July July July July ; July July July July July July July 6 37 37* Sale 95 90* 88* Sale 29* Sale 25* Sale 2* Sale 2* Sale 52* 47* 103* 109* Sale 103* Sale 48 Sale 43* Sale 30 Sale 25* Sale 118* Sale 114* Sale 6* V* 108* 109* 111 3 3 2* 5 4 15* Apr. 12 Apr. 10 J* 5V> 15* July 30 5 July 8* July 16* July 33 July 43 42* July Sale 3 July Sale 19* July 115 110 July Sale 17 July 32 29 July 21 18 July Sale 7* July Sale 102 July Sale 3* July Sale 28* July Sale z4* July Sale 25* July Sale 25* July Sale 14* July Sale 7* July 2* 2* July 45 1 Sale 18 88 \l* Sale 6* 38* 86* 25* 2 26* July 18 July 50 51* July Sale 25* July Sale 73* July Sale 119 July Sale 17* July Sale 16* July Sale 7 July 17 July 13 July Sale 58 July Sale 13* July Sale 20* July 109 106* July 60 56 July 21* July 23* Sale 18* July Sale 14* July 1 * July 1* Sale 29 July Sale Sale 31 Sale 36 Sale Sale 1 2 3 $ 5* Sale 9* Sale 3 38 Sale 2 Sale Sale 9 a Sale 6 18 17 5 58* Jan. 4 22* May 21 17 6* May 22 1 3* May 22 23 96* Jan. 12 16 4* May 22 9 Jan. 68 * July 6 80 6 May 8 May 22 85. Jan. June 18 1 45 Mar. 22 May 23 100* Mar. 17 May 21 25* Jan. 17 39* May 21 57* Apr. 30 9* May 22 23* Jan. 16 8* June 6 22* Apr. 9 * June 2 5 22* Apr. 1 18* May 21 27* May June 31 102 7 110 Jan. 7 1 Mar. May 23 43 * June 17 5 Feb. 57 30 May 23 80* May 31 112* June 11 Jan. 4 30 May 2i Mar. 16 1* Feb. 7 5* Mar. 10 30 May 21 32* Mar. 15 4* May 15 8* Apr. 112 17* Sale 30* 33 «?* Sale Sale 63 22 21* 19* Sale 14* Sale 2* Sale i!S 8* Sale Sale 28 79 119* 7* 15 11 52 1 17 Sale Prices June 4 33 11 8 16 26 8 3 24 3 20 20 7 25 19 14 13 10 4 4 4 15 May 10 Jan. 2 Jan. Jan. Janu. 16* Apr. 8* 29* 13 * 36* 115* 35* 17 105 Jan. Mar. Jm. Apr. Mar. Apr. Apr. May 17 12 16 22 7 29* May 14 32 Apr. 11 Jan. 24 May 22 127 7* June 11 9 9* Apr. 102 63 * Feb. Sale Sale Sale 23 23 1 * June June 97 * June 23 35 1 Highest Sale Prices 8 May 21 31 July 1 4* July 30 July 11 21* July 11 8 July 3 8* July July 12 •28* July 31 July 11 111* July 11 July 30 23* July 17 63* Sale 3 30* July 8* July 4* July 102 July July July July July 90 July 16* July 48* July July July 12* July 21* July 109* July 7* July 46* July 62 July 116 July 5* July July July 5* July 3 July 2 40 July 9"*"July ~ '2 TO * July T2 4* 5* 4* 21* 25 21* 7* 8* Sale 2.8.* -Sale 25* 114* 111* 114* 111* Sale 23 Sale 22* 112 10 38 "" HLXjfOale" Sale 24 Sale 26* 101* 112 104 112 32 27* 31 30 July 109* 115 110* July ll2* 121 7* 8* 8* 8* 7* July Sale * * 5,680 100 44,300 10 12,900 30 68,700 -.5 56,700 * 4,020 100 16,500 * 88,500 Calif Packing Corp * 800 5% preferred 50 172,600 Callahan Zinc-Lead 1 193,900 Calumet & Hecla Cons Copper 5 114,900 Campbell W & C Foundry * 460,800 Canada Dry Ginger Ale 5 440 Canada Southern Ry Co 100 463,500 Canadian Pacific Ry 25 14,100 Cannon Mills * 10,300 Capital Admin Co Ltd cl A..1 3,680 $3 preferred class A 10 1,750 Car Clinchfield & Ohio Ry-_100 40,100 Carpenter Steel Co 5 29,300 Carriers & General Corp 1 32,300 Case (J I) Co 100 2,550 7% preferred 100 130,900 Caterpillar Tractor _* 564,200 Celane6e Corp. of America * 23,590 7% prior preferred 100 252,600 Celotex Corp ♦ 1,810 6% preferred. 100 50,200 Central Aguirre Associates * 68,100 Central Foundry Co 1 2,230 Central 111 Lt 4* % pref.-.100 12,200 JCentral RR of N J .100 38,800 Central Violeta Sugar Co 3,700 Century Ribbon Mills * 340 Preferred .... 100 For footnotes 31 Sale 14* 45* 1 5* 20 165* 7 * Sale * Sale Sale 115 . Pref ex-warrants \lH l\H Sale ,P 2 48* Sale 107* 109* Sale 8* Sale 47 * Sale 65 63* 123 * 123* 6* 3f* 4?* Creek 74* 64* 34* 62* 32 100 Atlas Powder 260 Beech 67 Sale —100 -.1 28* July 7* July 4 July 102 July 5* July 68* July 60* July 30* July 85 July 15 July 47 July 11* July 10 July 12* July 20* July 106 July 7 July 45 July 60 July 114 July 45 July 25 July 135 July 45 July Sale' 5* 68* 64* 78 395* 97* 9 * July July 11 3 1* July 19 1* July 19 27 July 3 July 30 101 July 25 102* July 31 4* July 4* July 9 40 July 2 42 July 9 75 30* Sale 8* Sale 4* Sale _ 30 Sale tb Lowest 24 Sale 75 785,400 Baldwin Loco Wks vt tr ctfs.13 17* Sale 14* 100 214,100 Baltimore & Ohio 5* Sale 3* 74,100 4% preferred 100 7* Sale 4* 28,800 Bangor & Aroostook 50 13* Sale 550 8,580 52 Sale 5% conv preferred 100 2,400 .—56-,609 Barficr Asphalt Corpi'-cr- - _ IB 145* 15* y* * 900 14,400 Barker Bros " 4* 2,630 26 8 29 5* % preferred —50 21* 5 186,000 Barnsdall Oil Co 7,500 12* Sale 8* 89,300 Bayuk Cigar Inc 4,200 * 26* Sale 26 570 —1st preferred—401* 100 113* 114* 11111 * Beatrice Creamery 64,500 25 1,300 27* Sale 23 1,500 $5 preferred with warr * 107* 108* 103 600 Sale 102* Highest Sale Prices 8 2* Sale 27,400 12,300 3,500 2,100 800 Sale 9* 27 42* 58 Lowest Sale Prices Ask Sale Sale 77* 5% preferred 100 Refining -25 4% conv pref series A—100 Atlas Corp -5 6% preferred 50 5% conv preferred Atlas Tack Corp Austin, Nichols & Co 8.820 $5 prior A 1,055,200 Aviation Corp (Del) The ilH 100 Atl G & W I SS Lines Atlantic 9* 2!* 106* Sale 5* Sale 36 * 95 Investment Co—* 5% preferred Atchison Top & S Fe 5% preferred Atlan Coast Line RR 13* 37 * July 31 Ask Bid Sale * (Del) 7% preferred. 100 Associated Ask Mining Co—20 --5 APW Paper Co Inc Archer Daniels Midland 97,900 Armstrong Cork Co 18,400 Arnold Constable Corp 34,000 Artloom Corporation 3,900 300 400 Andes Copper Bid RANGE SINCE JAN. 25 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 31 2 " 1 30 30 3 30 8 17 6 9 _ 19 3 25 ' _ 67* Apr. 2 28 22 36* Apr. 9 15 90"* July" 12 "92" Julf "12 25 Mar. 13 22J'" " Jan. 18 56; 39 21 23 89! 22 1253 21 343 15 223 15 11! 21 23* 16 14 11 May May May May 54 June 27 5! 13 J 80 Jan. 3 May 10 May 10 Jan. 5 Apr. 4 Jan. 4 Jan. Apr. Mar. 3 3 2 12* June 10 28* Apr. 15 19* May 22 29* May 3 5 May 23 123* Jan. 51 * May 22 70* Mar. 20 17* May 28 29* Apr. 25 17 June 10 24* Marl 27 12* May 21 25* Jan, 3 1 May 18 2* Jan. 4 26 May 22 37* May 8 99 4* May 8 May 7 38 May 1* Jan. 13* Jan. 49 Jan. 13* May 27 May 14* May 6* May 97 May 3 May 21 May 3* May 20 3 90 June May May May May June July May June May May May July Feb. 1 Apr. 5 Apr. 11 Apr. 6 July 9 Jan. 4 Apr. 30 Apr. 6 Feb. 9 May 7 5 6* Jan. 5 44* Jan. 6* Feb. 17 33* Apr. 29 Jan. 31* Apr. 29 Apr. 8 111 1% May '* May * July 2 May 5* May 4* May 17* May 2* May May 39 May 9 May 14 May 50* July May May May May July 2* May 29* May May 37 July 75* June 22* May 2 May 39* May Mar. 15 13* 23* 39* 53* 3* 24* 110* 25* 37* 29* 10* 13 * May 27 May 31 30 31 30 9 19 11 29 31 16 30 27 100 17 iSP 20 31 31 105* 3 48 17 8 17* 3 19 106 3 19 2* 4 2 3* 102 27 24*. May 17* May 49* June 22* May 63* May 109* May 14 May 33 Mar. 21* Jan. 7 10 Jan. 3 x\v. 21 21 28 24 22 22 21 21 25 21 21 21 21 16 22 28 23 25 3 21 24 23 Apr. 22 Apr. 22 Jan. 4 Apr. Jan. im Jan. Jan. 15* Jan. 26* Feb. 51* 9 Mar. 13 Feb. 21 Feb. 21 19K Apr. 18 3 23* Apr. 40 Apr. 17 6* Mar. 6 3 40* Jan. 6 Apr. 4 45 May 1 90 Apr. 5 32* May 9 3* Jan, 3 75 Jan. 10 118* Jan. 15 56* Jan. 4 5 4 21 35* Apr. 29 22 119 Apr. 8 21 IV* Feb. 15 15 72 May 1 19 26* Apr. 22 3* Jan. 15 3 12 114* Mar. 9 18 5* Apr. 5 21 11* May 10 6 Mar. 21 7 12 100 Apr. 16 33 N. Y. STOCK EXCHANGE—STOCKS August, 1940] AGGREGATE SALES 1940 July 31 July 1 Par Shares .* 116,600 Cerro de Pasco Copper -1 117,200 Certain-Teed Products 6% prior preferred——-100 59,610 * 9,S00 Chain Belt Co Champion Paper & Fibre Co— 6% preferred 1,380 x—100 Common * 37,500 6 23,500 Checker Cab Mfg 89,000 tChesapeake Corp— * 292,000 Chesapeake & Ohio -25 Preferred series A 100 6,500 6,000 JChic ac East ill RK 6% pf-100 j Chicago Great Western— 4% preferred..-100 25,500 5 17,700 Chicago Mail Order Co 45,900 JChic Milw St Paul & Pacific-* 85 preferred 100 82,100 101,400 ^Chicago & North Western. 100 Preferred --100 15,000 -* 69,800 Chicago Pneumatic Tool 83 conv preferred * 7,800 Prior pref ($2.50 cum divs) * 4,000 16,200 JChicago R I & Pacific——100 7% preferred —100 6.200 6% preferred —-100 7,700 * 8,700 Chicago Yellow Cab 10 53,200 Chickasha Cotton Oil * 75,100 Childs Co - 480 110 159,400 265,500 1,260 38,400 4,500 356,700 1,100 55,500 2,620 52,500 2,510 8,390 680 Cluett Peabody & Preferred Class A 1924 2034 38 634 103 2534 26 1634 17 4 34 Sale 41 Sale 101 95 93 234 2 134 11 h X 54 Sale Sale 14 3fc 3334 4624 X Sale 35J4 49 34 34 Sale 34 h 834 9 1134 Sale 53| Sale 31 36 90 Sale 1234 Sale 96 50 Sale 60 334 3134 Sale 32 * 100 100 5 Co———* 100 (The)—_——* Colgate-Pafmolive-Peet Co—* —* 100 5% conv preferred Colorado Fuel & Iron Corp.-* Colorado & Southern 100 4% 1st preferred 4% 2d preferred 100 100 4 Sale 2034 1834 1834 16 Sale 2034 Sale 1234 Sale 100 4 Sale Sale 89 134 134 37 88 2434 Sale 434 Sale 2234 Sale 1834 19 9934 100 23 24 98 134 134 134 1 7 8 734 34 34 % 34 Sale 34> Sale 3f« Sale 934 1034 25 45 134 Sale 8 24 & 10* Sa,e* 3134 43 34 Sale 34. 34 34 34 8 834 1034 1134 234 3 48 i £ 834 1034 834 1034 3 23 27 6234 Sale 1034 1034 91 Sale 4534 234 234 ----- Sale 25 7334 Sale 1034 1034 90 4434 234 11334 11434 WA Sale 76— "■<77 X 4534 3| Sale 3534 13034 Sale 118 Sale 39 65 1834 Sale 3334 Sale 1834 434 5 434 1934 Sal© Sale 5 22J4 July 25 4 July 1 1854 July 2 18 July 12 July 2054 July 1234 July 4 July 3634 July 89 July 1 July Sale 2734 July 5 434 July 3 July 17 1854 July 30 23 19 30 25 July 2234 July 101 17 July 434 July 24 3934 July 31 89 July 2 134 July 22 % July July 34 July July 34 July 34. July 934 July 2834 July 46 July 34 July 34 July 34 July 3 25 2 134 July 734 July 34 July % July 15 % July 34 July 34 July 46 34 July 10 July 234 July 23 July 62 July 1034 July 91 July 1034 July 3 July 24 1 July % July 1034 July 2934 July July July 1034 July 9234 July 75 ; 3 19 11 3 1 13 6 8 3 16 31 3 6 ----- 234 Sale 234 July 28 July 124 July 234 July 3434 July 124 July 11234 Sale 11034 July 31 33 3334 Sale July 75-—80-" -yS3£~SaIe"" July Highest Sale Prices 2234 May 24 334 May 22 1534 May 21 15 May 28 9934 1734 1034 334 3034 84 34 34 May May Feb. Feb. May May May May Jan. 10 Feb. Feb. 15 15 May 8 June May June May May 54 634 34 34 34 34 834 2334 4134 854 36 34 2134 22 106 May 9 22 30 X Apr. 18 10 2934 Mar. 23 22 434 Apr. 3 28 4254 Jan. 8 June 17 9734 Jan. 16 May 15 3 234 Jan. 28 21 28 28 13 21 15 21 May 22 34 May 20 34 July 23 34 May 21 734 May 21 9 May 21 234 May 21 23 July 22 5334 May 28 41 18 234 Jan. 24 12 34 Jan. 4 54 Jan. 34 Jan. 54 Jan. 134 Jan. 14 34 Jan. 3534 Jan. 50 Mar. 54 Jan. I j&r: 1134 Mar. 1634 Apr. 654 Mar. 3334 Apr. 9154 Apr. 1434 Jan. 5 5 3 5 8 8 2 9 3 3 28 15 25 3 8 10 June 89 June 25 45 2 Jan. 30 May 18 x60 May 15 434 Apr. 26 May 21 4034 Apr. 18 Feb. 98 26 6 11234 July 30 111 3334 32 62 11 31 8 63 ----- 98 99 2134 10834 1434 2234 2334 Sale 10834 16 17 2 3341 234 334 Sale I 3 234 434 134 140 July June 8 124 19 July 8 Mar. 65 6 May 21 11434 Jan. 10 16 108 26 43 34 Mar. May 21 8 3334_.Ju!X_3.0. 74" May 16 "80 "Mar:28" 80 July 19 Mar. 26 4654 May 16 48 2534 May 22 4134 Apr. 1 2834 July 30 2534 May 21 4534 Apr. 4 5 3554 July 48 Sale Sale 24 124 56 Sale 2734 Sale 2834 3334 3334 3234 133 13334 136 103 Sale 10334 58 5734 58 1234 1134 Sale 95 110 Sale Prices 7 34. 2834 30 47 Sale Prices Lowest Highest 100 1534 1634 434 434 3834 Sale 90 Lowest Lowest Ask 124 * 84.25 preferred Collins & Aikman 2534 Sale ----- 6234 m Ask Bid Bid „ a Sale 5& Sale 34 Sale o * 100 5%L-Pr4Jferr.Qd-_ -——-—-100 Cleve Elec 111 $4.50 ser pref--* Cleve Graphite Bronze (The)-l Cleve & Pitts RR Co 7%gtd_50 Special gtd 4% stock 50 Climax Molybdenum Co----* Coca-Cola Co 32 K Ask Sale Sale Sale Bid —25 700 Chile Copper 871,200 Chrysler Corp 42,900 City Ice & Fuel 634 preferred 6,410 140 City Investing Co 18,800 City Stores 59,700 Clark Equipment 10 O C C & St>L Ry Co 2,830 61,000 1 Jan. 2 Jan. 1 —40 RANGE SINCE JAN. PRICES IN JULY Price STOCKS N. Y. STOCK EXCHANGE Since 2654 July 32 34 July 132 July 13334 July 104 July Sale 10234 July 58 5934 July Sale 1134 July 99 9934 July Sale 22 July 112 10834 July 15 Sale July 2 3 July 334 234 July 334 2 23 July 6 1234 July 16 100 July 22 24 July 31 58 131 May 9934 May 56 May 1034 May 94 1634 19 108 1234 30 154 2 July 29 2 334 July 5 10934 July 17 July 2 June May May May May May May 22 142 21 131 63 24 21 20 14 Mar. 30 Feb. Feb. 27 Feb. 21 10 100 July 22 21 3534 Apr. 8 23 11234 Feb. 10 21 24 May 10 15 454 Apr. 4 17 554 Apr. 4 5 22 Apr. 4 Columbia Broadcasting System Inc class A 78,600 Class B 52,000 885,400 Columbia Gas & El 6% preferred series A 26,500 5% preferred 1,190 18,300 40,000 12,600 147,200 4,700 149,420 4,200 710,900 1,273,900 66,700 870,100 11,400 56,000 36,300 8,200 1,300 264,200 125,500 -2.50 * 100 100 * Columbian Carbon v t c Columbia Pictures Corp $2.75 conv vtc.* preferred * 10 Commercial Credit 434% Comm'l conv. preferred—100 Trust—* Investment $4.25 conv. pref ser of 1935-* -* Commercial Solvents Commonwealth & Southern--* * $6 preferred Commonwealth Edison Co..25 Conde Nast Publications .* * Certificates of deposit iConn Ry & Ltg 434 % pref-100 Consolidated Cigar—— 1 * 100 7% preferred 634 % prior pref100 3,220 5 504,800 Consol Coppermines Corp 692,600 Consol Edison Co of N Y Inc.* $5 preferred * 44,200 16,500 Consolidated Film Industry--1 $2 partic preferred——-—* 37,900 5 47,600 Consol Laundries Corp * 582,600 Consolidated Oil Corp 13,800 Consol RR of Cuba 6% pf-100 38,700 Consolidation Coal Co v t c.25 5% preferred v t c 100 7,400 9,300 Consumers Pow Co $4.50 pref_* Container Corp of America 20 178,200 106,000 Continental Baking Co class A * Class B—-— —* 106,700 8% preferred ---100 17,800 —---20 165,300 Continental Can $4.50 preferred 8,600 Sale Sale Sale 634 Sale Sale Sale Sale Sale Sale Sale 63 82 78 434 1934 17 88 7434 93 7 1934 46 34 10334 523* 10734 82,300 .1 5 Continental Motors. —* 5 257,500 Copperweld Steel Co Conv pref 5% series 50 30,000 15,220 Corn Exch Bank Trust Co—20 122,300 Corn Products Refining—---25 — 100 Coty Inc —1 Ooty International Corp 1 Crane Co ......25 5% conv preferred 100 Cream of Wheat Corp (The).-2 Crosley Corp (The) * ----* Crown Cork & Seal f2.25 conv pref w w referred ex-warrants Crown Zeilerbach Corp $5 conv * * —5 preferred———.* Crucible Steel of America.. 100 —100 Preferred Cuba RR 6% preferred Cuban American Sugar Preferred ... 100 10 100 Cudahy Packing Co Cuneo Press Inc Curtis 30 5 Publishing Co (The). Preferred--...—.....— Curtiss Wright Corp ....1 Class A—————————1 655 Oushman Sons 7% pref——100 $8 preferred-....* 80 64,300 Cutler-Hammer Inc.........* 5 6,700 Davega Stores Corp Conv 5% preferred .25 2,800 29,800 Davison Chem Corp (The) —1 1,670 Dayton Pr & Lfc 434% pref-100 For footnote* see page 40. 5 1734 Sale Sale 105 Sale 11034 Sale 9834 Sale 9934 14 103 Sale Sale Sale 70 >4 Sale Sale 134 Sale Sale 3234 Sale 23 834 2^. sl'A Sale 9 7 Sale 8 Sale 16 18 10134 1634 Sale 13 34 Sale 134 Sale 9234 9434 4034 Sale Sale 2334 Sale 2834 2934 z30 4 18 3034 100 37 102 1034 154 64 31 3 1834 1234 1234 734 2154 954 22 25 8134 July, 5 July 2734 July 10734 10534 July Sale 3i July Sale 634 July 254 234 July Sale 634 July Sale 154 July Sale 254 July Sale 1234 July 10034 9934 July Sale 1234 July Sale 834 July Sale 34 July 84 76 July 100 J34 834 134 5834 634 8534 7134 81 85 Sale Sale 734 101 20 Sale Sale 115 2834 9834 3434 20 80 Sale 4234 Sale 434 July July July July July July July July July July July July July July July July 234 July 15 July 1134 July 12 July 734 July 1854 July 834 July 934 434 Sale 734 Sale 134 234 4 Sale Sale 8934 Sale 8 6334 Sale 3034 Sale 107 34 Sale 134 34 7 Preferred Sale Sale 103 Sale 113 4,500 252,600 109,100 172,200 10,760 17,900 24,400 198,900 3,170 9,900 403,400 9,230 196,200 14,900 2,860 280,100 6,980 31,500 26,300 80,600 42,300 2,185,400 479,200 7034 78 9434 Sale * 248,200 Continental Oil of Dei 42,300 Continental Steel Corp Sale Sale 62.100 Continental Diamond Fibre.-5 2.50 Continental Insurance 1,175,900 Sale 1834 1834 5348034 10 Consol Aircraft Corp 1854 24 34 24 534 Sale Congoieum-Nairn Inc Congress Cigar—. —— 1,660 . 2.50 3834 112 Sale Sale Sale 120 634 Sale 3334 Sale 234 Sale 1734 Sale 2234 Sale 18 Sale Sale Sale 634 Sale Sale Sale Sale Sale 5634 Sale 49 Sale Sale 171 174 Sale 175 Sale 34 15 Sale 38 112 554 3134 254 1734 2134 1734 52 4634 4834 171 Sale 454 34 Sale 1431 84 Sale Sale 84 2434 434 2234 3534 3534 1334 8034 2834 Sale Sale July July July July July July July July July July July July July July July July 23 77' ' 2 4 6934 1034 2034 234 3834 5 Sale Sale 38 Sale Sale Sale Sale 83 Sale Sale Sale 82 A* 3754 8334 434 Sale Sale Sale 70 Sale 1034 2234 2254 Sale Sale Sale Sale Sale "45"" 1734 334 1434 434 109 Sale Sale Sale 80 2434 80 50 Sale 56 18 434 20 434 11034 434 A* Sale 5 5 3 12 5 1 17 19 12 25 1 5 15 3 4034 11634 634 3 3634 1 2 24 3 1 12 10 1 31 25 1 15 July 434 July 2134 July 24 36 17 July 3554 July 1334 July 81 July 2734 July 7834 July 154 July 4 July 6734 July 1034 July 20 July 2 July 37 July 6> July 22 J July 3 1 2 3 25 30 29 24 30 19 5 12 1 25 2534 June 10 33 Apr. 8 July 1 July 23 July 30 July 8 July 3 July 31 July 11 254 May 22 14 May 18 8 Jan. 15 634 2454 13 34 12 34 Jan. 3 Feb. 17 July 9 July 31 July 31 July 19 July 15 July 31 July 16 July 1 July 17 July 31 July 31 July 3 July 31 July 11 July 2 8034 July 30 3 25 May 21 May 21 434 May 22 6734 May 28 85 534 2834 10834 54 734 254 634 154 334 1334 10054 1454 934 22 25 July 30 July 31 July 1 July 16 July 29 July 29 July 6 July 24 July 31 July 18 July 31 July 17 July 30 July 1 July 10 July 17 3 1934 23 1834 5434 5134 5054 174 534 54 16 9434 2434 434 2734 3734 37 1554 91 3034 July July July July July July July July July July July July July July July July July July July July July July July July 8U J® 16 2654 Mar. 12 16 26 3 59 June 71 May 29 334 May 21 1454 May 24 2754 June 10 18 July 354 July 434 July 11234 10834 July 8 8 26 June June 97 June 10 June 534 Jan. 1754 June 754 Jam 63 May 75 May 454 May 23 May 9734 May 54 May 534 May 234 May 534 May 1 June 12 13 10 29 29 29 21 21 21 17 22 23 22 6 234 May 21 854 9334 934 734 54 70 May May May May May 22 June 5 July 8 934 Apr. 4 3134 Apr. 15 16 Apr. 8 92 Apr. 9 95 Apr. 5 934 Feb. 21 5 3234 Apr. 11034 Mar. 25 3 134 Jan. 1034 Apr. 4 434 Apr. 4 834 Apr. 9 3 234 Jan. 434 Apr. 29 1834 Mar. 2 22 104 21 21 16 Feb. 29 Feb. 7 1934 Apr. 1554 Jan. 24 10 154 Apr. 4 9734 Jan. 10 33 May 21 40M 10634 May 31 11634 Jan. 26 9 934 Apr. 454 May 21 18 2734 May 25 4034 Mar. 5 4 54 Feb. 2 2 16 May 15 Jan. 26 5 1634 June 10 25 16 8 1834 May 21 33 Apr. 11 1534 Mar. 16 2534 May 8 16 8 47 May May 21 70 17 41 3 May 28 6134 Jan. 16 4 4434 May 21 6534 Jan. 23 165 8 May May 25 179 11 4 8 734 Apr. May 21 10 5 134 Apr. July 31 30 June 3 5 2434 Jan. _ 1 13* 31 75 June 13 105 1 23 June 14 2 31 19 9 31 18 5 30 2 July 334 July 454 July July Jan. 98 34 Apr. 4 834 Mar. 15 2334 Jan. 29 48 Jan. 3 9 454 July 17 76 July 15 1154 July 31 23 July 20 1 234 July 5 4154 July 734 July 17 2534 July 31 5 111 79 30 19 18 Mar. 12 13 10834 Feb. 21 10 56 Apr. 8 4 113 Mar. 6 8 May 21 1654 Apr. 5 134 June 28 54 May 22 42 8 May 21 7334 Jan. 95 32 15, Jan. 5 5 354 May 22 32 54 Feb. 7 54 Jan. 2 3 June 11 3834 Apr. 36 July 3734 June 12 May 75 May 25 May 64 May 154 May 354 May 60 May 934 May 1934 June 2 May 17 45 22 21 21 21 24 21 21 23 31 17 6 June 12 6 17 21 July 25 May 21 75 50 3 £ Apr. 9334 Apr. June 10 June 11 1454 May 3 May 1354 May 354 May 22' 107 15 21 22 22 Feb. 26 4334 Apr. 4 2134fMay 4 9534 May 9 4334 May 10 95 Apr. 25 434 Jan. 6 834 May 10 9134 Feb. 24 17 Apr. 22 2934 Feb. 24 434 Jan. 4 51 May 4 1134 Mar. 3 3234 Mar.U 92 Mar. 9 60 Mayl 0 22 341Apr. t 0 534lMar. T 17<»lApr.Jf 854fApr.: June 13 11334LApr. 12 N. Y. STOCK 34 EXCHANGE-STOCKS AGGREGATE SALES July Shares 9,400 1,700 213,600 Deere & Co 25,800, Preferred 8,600 4,900 141 500 1,100 6 300 800 1,830 2,400 2,500 800 4,400 500 18,700 Del Lackawanna & Western.50 tDenver Rio Gr & West pf_100 100 17 000'Detroit Edison 780jDevoe & Raynolds A— * 26,3001 Diamond Match —* 14,000 Partic 6% preferred---—25 46 900 Diamond T Motor Car Co—2 Distil """ * 134l600'~""1 Corp-Seagrams Ltd 5% prerwith warrants—100 9,000 17 500 10,590 Dixie-Vortex Co 470 12,160 2,600 11,900 18,700 4,900 10,500 1,800 500 90 * Dome Chemical Dresser * Co 124 Sale 19 77 Sale 16?* 70 33 35 18% 16?* 17?* 12?* Sale 68?* Sale 23 14% 63% Sale 82% Sale Sale 148 17% 7% Sale 12 13 120 182% Sale 122 Sale 117% 23,700 1,500 13,900 Eastern Rolling Mills 5 38 300 Eastman Kodak Co of N J—* 116 ,500 5% 166% 140 10,300 . 600 3,000 14,200 25,200 2,100 35,300 33,600 —15;800 1,400 1,400 1,300 1,100 170 20,300 700 700 American shares 26 ,400 Electric Power & Light 428 600 -irlO ,200 10, 800 18, 900 10, 100 35. 300 7, 800 4, 900 100 5, 270 97, 400 84, 000 36, 200 1, 470 9 800 10 1,000 800 1,300 300 2,400 400 3 50 Endicott-Johnson $5 conv preferred---—-—* preferred * $6 cum preferred —.♦ Equitable Office Building * jErie RR 100 4% 1st preferred 100 4% 2d preferred 100 fco.60 Eureka Vacuum Cleaner 26, 500 Evans Products Co 154, 600 Ex-Cell-O Corp 220, 200 700 300 * * 5 —5 3 Exchange Buffet Corp * Fairbanks Co 8% preferred-100 Fairbanks Morse & Co Fajardo Sug Co Porto Rico—20 Federal Light & Traction 15 $6 preferred —* Feueral Mining & Smelting 2 Federal-Mogul Corp 5 800 68 500 20 700 Sale 28% Sale 18 85 865* Sale 3,300 52 500 205* 400 9 900 35 300 124 600 300 2,800 4,100 1 600 ~3~, 100 77 300 60 1 020 600 27 300 40 10,800 1,100 2,500 600 . 950 70 1,900 1,300 ~ 2,900 600 5,900 7,600 200 900 4,200 100 200 1,700 660 99,800 17,000 800 6,600 14,900 1,800 33,400 46 Sale 205* 34?* Sale —-_* (The) .* cl A— 10 Foster-Wheeler 9,000 290 72 120 3,500 2,200 4,000 4,400 1,240 6,200 2,600 500 10 2,800 12,500 1,800 * 1 2% 3% 138 5 3 * Class A * 100 * —100 General Mills ——* — 100 10 5% preferred - - 80 5?* 35 Sale Sale Sale 145 11% 21% Sale 185* 113% 40% 47% 117 Sale Sale Sale 121 1% Sale Sale 40 110 105 ' Sale preferred General Tire & Rubber Co 100 .5 For footnotes see page 40. Sale Salu 1 19?* % 1% 1 Sale 1?* 1 1?* 4 3?* 6?* Sale 32?* Sale %s ^ 4?* Sale o 37 Sale 18?* 13?* 87M Sale 14 13 16 82% 22% 6% 47% 8 46 4 95 42 6 2?* 9 55 Sale .102 Sale Sale 130 a 2?* Sale 90 40 Sale 126 Sale 43?* 124 39?* 3?* 6?* 107 5* 10% ?* 13?* 24?* Sale 16?* 99?* Sale Sale 49 86 89 14?* Sale 12 1 June 10 11?* 8?* 2?* % 98?* 12?* 2o?* May May May July May May May May May May May May May May May July May Jan. May June May May May May June 32 4?* 12?* 56?* 9?* 30?* 14 11?* 65% 137 14% 5 9?* 114 146?* 114 112?* 25?* 16 31 31 30 16 1 31 3 23% 28% 22 19% 21 23% 21 5% 11 22 21 23% 22 36% 21 43% 15 10% 21 20 24 85% 15 14% 22 38 21 24% 22 23% 3 94% 28 171 125$ 30 12 21 10 15 28 22 22 10 10 9 Apr. May Apr. 9 Jan. 3 Jan. 3 6 Jan. 2 8 Jan. 10 Apr. 10 Jan. Feb. 3 Feb. 21 Jan. 8 Apr. 5 Apr. 9 Feb. 29 Apr. 23 Jan. 10 May 10 Apr. 9 Apr. 24 Mar. 30 18 Jan. 17 13?* Jan. 120 189?* Apr. 8 126 4 Mar. 118?* Jan. 19 44?* May 8 3 May 117 June 6?* Jan. 166?* Jan. 155 June 178 May 103* May % Mar. 25 May 10?* May 37 22 17?* 1?* 41?* 18?* Jan. Apr. Jan. Jan. Apr. 16 Apr. 20 95 Sale 40 14?* Sale 28 Sale 1?* 2% 11% 18% 99 30 Sale 2 Sale 13 Sale 100 4?* Sale 11?* Sale 47 95 12 18?* 18?* 9?* 15 98 12?* 4?* 37?* Sale Sale 41?* 4 7 108?* % 11% 96 Sale % 4 32?* 18 13?* 16 2?* % 17 84?* 11?* 31?* 12 3 1?* 1?* 1?* 3% 6% 32% % 4% 2 39 16 18 2 20 11 20 29 13 2 24 29 1 29 19?* 14?* 91 17?* 14?* 2.?* % 1 20 8 91 1 14 3 35?* 1?* July 25?* July 12?* July 64?* July 2J-* July 25 July 28?* July July July July July 98 July 4 July 8?* July 4% 102 4 96 Sale Sale 6 Sale 130 Sale c, Sale 60 42 2?* 4?* 14?* 52 14?* 105 30?* x40 113?* % July July July July July July July July July July July July July July July 5 20?* % 3?* 29?* 17?* 11 87?* 88?* 87?* 126?* 127?* 126 45?* Sale 42?* 125 126?* 123?* 41 45 41?* 4?* Sale 3?* 7 Sale 6?* 104?* 109?* 106 ?* % % 11?* Sale 10?* 103 ?* 14?* *>13?* 145* Sale 24?* Sale 10?* 11?* 12?* Sale Sale 22?* Sale 18?* Sale Sale 9?* Sale 20 18 183* 99 100 99?* Sale 11?* Sale Sale 4?* Sale 35?* 37?* 36?* 96 July July July July July July July July July July July % June 13?* July 22?* July 10 July 18?* July 17?* July 8?* July 18 July 99?* July 11?* July 4 July 35?* July 5 3 5 1 1 8% 49?* 31?* 18?* June 10 102 July 24 h* May 22 Feb. Jan. 30 5 31 12 31 9 30 31 26 25 Jan. June 95 Apr. 10 May 21 20 27?* May 21 405* 14?* May 20 22?* 12?* May 21 21?* 84 May 21 106 32?* May 22 46 10?* May 22 215* 24?* June 10 38?* 19 May 20 25?* 3?* 1?* May 15 18?* June 10 35 102 June 5 107?* 9% May 21 21?* 61 May 22 83?* 6?* 2?* May 22 20 May 24 32% 24 % May 28 38?* 2$ May June 10% May 12 May 97 June 3?* May 8 June 45?* June 3?* May 94 June 35?* May 5?* May May 1?* May 4?* May 11?* May 48?* Feb. 12?* May 31 May 19 102 26?* May 31 36 May 16 23 111?* May May 1 May 77% May 118 May 37?* May 116 May 32?* June 3?* June 5?* May 118 35* 100 June % June 9% June 86% Jan. May July May July May May May May Feb. 5 3 14 Jan. Jan. 24 5 3 2 5 Apr. Mar. 26 Apr. 4 9 Jan. Jan. 9 4 Apr. Apr. 29 Apr. 30 Apr. 18 Jan. 29 Apr. 15 9 24 30 5 27 22 24 3 4 Mar. 20 57?* Jan. 8?* Jan. Jan. 3 8 4 9 3?* Jan. 3 11?* Jan. 29?* Apr. 8 87 Apr. 24 19?* Apr. 16 117?* Mar. 27 Jan. 2 495* Apr. 1185* Jan. 5* Jan. 15 41 44 Jan. 6 2 8 101 Apr. 8 5 130?* Jan. 565* Apr. 8 127?* Mar. 23 n 10 110 1?* 19?* 99?* % 18?* May Apr. Jan. Jan. Jan. 4 8 10 3 11 Jan. 4 Feb. 21 Apr. Apr. 2 5 33?* Jan. 4 Jan. 11 15% 31% 24% 13% 23% 106 May 10 Mar. 7 Jan. 4 Apr. 27 May 1 May 23?* Jan. June 6 51 May 4 9 3 Feb. Jan. Jan. 2?* Jan. 5% Apr. Apr. 18?* Mar. 105?* Mar. 65* Apr. 14?* Apr. 51 May 7?* Apr. 145 3 23 Jan. 20 104 3 Mar. 27 28?* Jan. 14?* July 4?* Jan. 1 Jan. 79 8 31 4 Mar. 11 Apr. 8 Apr. 18 Apr. 3 May 28 5 4 11?* Apr. 25 34?* May 10 15 9 July 3 July 3 July July 31 July 12 July 5 11?* July 31 91?* July July 46 July 126?* July 43 July 4?* July July 107?* July ?* July 12?* July 99 July % July 13?* July 25% July 12% July 23 July 18% July 9% July 18% July 99% July 12% July 4% July 37% July 8 July 29 2?* May 15 2 130 15 21 15 13 11 5 21 23 Jan. % Jan. 1?* Jan. 3?* Jan. 15* Apr. 16 2?* 12?* 18,?* 101?* 4?* 35 May Jan. June June June May May 97 13 85 93 4?* July 96 July 47?* July July 139 July 2?* July 5% July 14% July 53 July 17?* July 107?* July 34?* July 43 July 115 July %> July _ 2?* May 25 55 , 4 15 15 14 . 13?* July 75 July 3 July 25 July 31?* July 1?* 2?* 11?* 15?* Mar. May May 1 May % May July July July July July July July •July July July July July July July July July July July July July July 1?* July 21?* July 7 98 29 14?* July July 41 July 14?* July 28?* July 47 25 July July July July July July July July July July July July July July July July July July July July July 13?* July 91 July 38?* July 12?* July 27?* July 139 2?* 5% 14% 56% 17% 3 24 20?* Sale 14?* 92 23 1?* 1?* 2?* Sale 11?* 14?* 14?* 15?* 96?* 101?* 4?* Sale 30 13 Sale 13?* 35?* 25 Sale 15 1 21 84 91 2?* nn% 31 94 19% Sale 1 13% May 22 3 16 16 -2 - % 1?* ?* 3?* 5?* Sale 20 Sale % July 5?* July 28 99 Sale 13?* 2?* Sale Sale % 2 13 July July July 32 July 15 July % July 34?* July 14?* July 31 90 . 25 25 91 93% 128% Sale 54% Sale 125% 128 39 36% 4~~ 4% 9% 9% 29 Equip Corp.—* Corp * % 5?* 33?* 30%29?* 1?* Sale 14?* 16?* Sale 103?* 106?* 106 Sale 33?* Sale 31?* Sale 41 40?* Sale 116 122 113?* 117 Sale ?* Sale Sale 18 Gen Time Instrument 13?* 30?* 5 Sale 1 * 34 2 170 22 20?* 1?* Sale 25?* Sale 102?* 107 107 101 13?* Sale > 13?* Sale 70. 70 82?* 62?* 3 2?* 3?* 2% 22 16 17% 20 86 11?* Sale 32?* Sale 10?* 20?* 13% 14?* 95 90?* 42 37?* 13?* Sale 28?* Sale 22 19?* Sale r 1% 59?* 32% 14% General Shoe Corp Gen Steel Castings $6 pref General Telephone Co 82 14 General Refractories * Sale 49 89 —- 17 23 6% preferred 100 Gen Realty«& Utilities Corp..1 $6 preferred * 6% Sale 53% 53 % 18% Gen Theatres 2?* 128 3% General Public Service-—---* General Railway Signal » 68,000 Gillette Safety Razor———.5 192,400 $5 conv preferred— .*! 28,400 32?* * - 200 x 45* Sale 16 10 Gamewell Co (The) * 14% Sale Gannett Co Inc conv $6 pref--* 102 103 Gar Wood Industries Inc 3 4% Sale 13 Gaylord Container Corp 5 13% 45 5>* % conv preferred 50 50 Gen American Investors * 6% 6% $6 preferred * 102 103% Gen Amer Transp Corp 5 56% Sale General Baking Co 5 7% Sale General Motors Corp 1,528,000 $5 preferred * 32,600 Gen Outdoor Advertising A—* 21,000 Common * 118,200 General Printing Ink 1 31,400 $6 preferred * 1,060 17,300 61,400 1,150 67,900 22,500 61,800 35,600 26,590 74,200 60,400 12,500 Sale 30 - 2,300 4,200 24?* 19 Franklin Simon pref —100 —10 Sale 25* 2?* 33?* 34?* 1065* 107?* 7% conv preferred--.—-—* Francisco Sugar Co * 30,500 7% preferred 5,670 General Electric Co * 1,039,300 General Foods Corp * 205,900 $4.50 preferred * 5,900 General Gas &LElectric cl A--* 71,900 $6 conv preferred A * 160 32,000 2,400 1,500 24 * Machinery Corp—-—10 4?*% conv preferred--—100 Food Preferred 7 % 19,700 General Cigar Inc 730 200 First National Stores-—---—* 3,900 57,500 89,400 $8 preferred 2,430 General Bronze 21,200 General Cable Corp 146,900 24,200 23?* Sale Flintkote Co Gabriel Co (The) class A 23,100 Gair Co Inc (Robt) 96,300 $3 preferred — 28,600 17,550 650 63,800 21% 100 104?* 105 970 145 700 Freeport Sulphur Co 3,400 108.200 3,400 6% preferred series A Florence Stove Co 25 100 Florsheim Shoe (The) 5 000 IFollansbee Bros 37 600 21 200 10 % 19 % Sale Sale Firestone Tire & Rubber 31?* 6 122 Sale ' 24 19 900 1 ♦ Federated Department Stores-* 4 %% preferred 100 5 700 Ferro EnameLCorp 1 20 100 7,200 0 Sale 4?* 20 200 2,500 1?* Sale 40 ~ 1?* 15% Sale 4 2 Sale 85 91 Sale 1 99 27 61 000 Fidelity Phenix Fire Ins..2.50 Filene's (Wm) Sons Co * 90 1,100 6,700 85 2 6 Sale 3?* July 117?* July 161 July 28?* July Sale 13?* July 14?* % July Sale Sale 30?* July 12?* July Sale Sale 14 14 3H 3?* 6?* Sale 30?* Sale % % 3% 4?* 33?* Sale 19 Sale 13?* 14?* 95 87?* Federal Motor Truck— Federal Water Service A Sale % Sale 4% 39% Sale July 156?* July 123 July 116?* July 28?* July 16% July 24?* July 15 July 12?* July 3?* July % July 117?* July 14?* July 28?* July 40 July 6?* July 16?* July 74?* July 11 July 33?* July 19?* July 14 July 73?* July 153?* July 22?* July 7% July 10?* July 115 July 164?* July 125?* July 117 July 30?* July 1?* Jan. 4 % July % May 22 1 3 8?* Jan. 8 6?* July 11 May 15 35 18?* May 21 36?* Jan.- 8 July July 17 Sale 8 T5?fMajr 21 315*Jan. -25—July- 2 3F?*'July-17 26~?t~Sale~ Sale 27?* July 16 29?* July 31 £24 ?* June 6 33?* May 2 26?* 27% Sale 1 1?* Jan. 10 % July 1?* July % May 22 % Sale Sale 32 33 26 32 July 25 33?* July 3 33 May 21 41?* Jan. 40 35 42 42 Apr. 13 39 40?* May 22 46 July 11 42?* July 107 111 102 Mar. 19 9 107?* July July 104 May 22 112 109?* 108 9 Sale 8?* July 23 12?* Jan. 8 9?* July 5% May 21 9?* Sale 74 63 Jan. 74 1 8 79 Sale 78 74 May 31 83 July July 81 66 Jan. 8 Sale 1 84 82 May 31 89 83?* 82 July July 1 8% Sale 23% Sale 1% Sale 170 % Sale 5?* Sale 29?* Sale - Sale Sale 122 5*6 Sale 30?* Sale 12?* Sale 1% 3% 3?f Sale 170 3 114 3?* Sale 13 28% Sale 1% Sale 41% Sale 43 41% 109% 110% 11% Sale 79% Sale 88% Sale 93M 21?* 20?* 21% 6?* 6?* Sale 10 10?* xlO 114 114% Sale 158 163% 123 124?* 125 116?* 116?* 118 30 29?* Sale 28?* Sale 27— Sale — 5% preferred -100 1, 700 373, 400 Engineers Public Service—-—1 400 7,200 1,800 46pgeferred- *145 162 Sale 31% 152 10?* 33?* 19?* 13?* 72?* 3 5* 120 Sale * * -----—— Electric Storage Battery 37,,100 Elk Horn Coal Corp 18,,100 El Paso Natural Gas Co 55, 000 44, 900 29, 300 600 $7 preferred 220 ,000 2,200 2,200 2,000 3,100 15,500 6 263 ,300 Electric Auto Lite (The) Electric Boat 511 ,800 Elec & Musical Industries— 4, 900 ' Sale 30 Sale 100 173 176 4 29% Sale 2 16?* 17 * 1% Sale 38 Sale 5 3 15 % Sale 6% preferred Eaton Mfg Co 149 ,000 Edison Pros Stores Inc 14 ,900 54 ,700 Eitingon Schild 1 336 6 Sale 2,890 Duquesne Light 5% 1st pf_100 Eastern Airlines Inc 1 494,000 170 28 6% 15 24 Y, 37?* 35 17 July July 14% July Sale 10% July Sale July July ? 118 110% July 12% July 14?* 27 July 28?* 38 36?* July 6 Sale July Sale 14?* July 70 80 July 10 12 July 33 July 35?* Sale 16?* July Sale 12?* July Sale 65?* July Sale 142 July Sale 19?* July Sale 6?* July Sale zlO July 11?* 3?* % 67 Sale 269,100 Du Pont de Nem & Co (E I) .20 $4.50 preferred * 37,450 21,200 2,300 28?* Sale 6 Highest Sale Prices 16?* 13?* Sale 27 Lowest Sale Prices Sale 15 113 110 36% Highest Sale Prices Sale 16?* 24?* 10 100 117 8% preferred 15% Sale 23% 24?* 16 14% 11% Sale 3% Sale ?* 13 Lowest Ask Ask Bid Bid 107* Sale 1 * Sale 74?* 12% * Mfg Co 26 Sale Sale Sale 142 Dunhill International— Ask Sale 21% Sale 33% Sale 41% 42% 9 8% —* 2,800 Duplan Silk 890 23% 25?* 16?* 22% 5% % * —* Ltd Mines Douglas Aircraft Co Inc Dow Bid * Class A 84,100 Doehler Die Casting Co 143,100 403,200 58,600 218,700 89,500 1 Sale Prices July 31 July 1 Par -* 20 Deisel-Wemmer-Gilb Corp—10 143^500 Delaware & Hudson 100 900 RANGE SINCE JAN. 1940 Jan. 1 Shares IN JULY Jan. 2 N. Y. STOCK EXCHANGE Since PRICES Price STOCKS In Mar 4 6 Mar. 14 AGGREGATE SALES In July PRICES IN JULY Price STOCKS 167,000 18,300 75,300 6,200 131,000 78,900 700 2,700 600 2,600 2,600 410 20 * Gimbel Brothers 40 12,800 4%% conv preferredGobel 1 (Adolf) Brewing Co — --1 Gold & Stock Teleg Co.—100 Goodrich (B F) Co _ $5 preferred Goodyear Tire & Rubber * $5 conv preferred * Goebel With div certifs * 14,900 Without div certifs 15,200 ■ 21,800 Granite City Steel10 43,600 Grant (W T) Co 5% preferred 20 6,700 149,000 Great North Iron Ore Prop—* 200 300 000 ^ 5,600 500 6,000 45,100 516,300 Great Northern pref--—-—* 51,500 Great West Sugar Preferred ---100 3,070 80 Green Bay & Western RR-100 Green (H L) Co 1 53,700 446,700 Greyhound Corp (The) 5%% preferred 10 26,200 147,000 Grumman Aircraft Eng Corp.l 2,900 50 30 2,500 14,700 2,200 8,800 1,100 66,300 Guantanamo Sugar 8% preferred 3,150 7,300 Gulf Mobile & Northern. 6% preferred— 9,500 10 3,700 1,600 5,700 Hackensack Water Preferred A_ 1,360 88,400 Hail Printing Hamilton~Wateh^=-= 4t700 6% preferred 860 2,940 Hanna (M A) Co $5 pref 67,100 Harbison Walker Refrac 300 150 - -"—100 20 150 4,000 6% preferred class A 6)4% preferred 2,460 Hayes Mfg. Corp 287,800 130 29,000 Hat Corp """600 20 6,700 1,700 4,300 1,000 50 400 300 , 146.600 400 13,800 100 3,000 900 400 7,000 4,600 8,700 7,400 200 380 10 2,200 2,600 4,000 180,700 17,800 4,030 4,420 26,100 60,000 27,000 6S0 500 4,570 13,800 432,300 45,000 12,300 2,500 11,100 30,200 215,900 800 6.600 7,200 32,000 500 138,000 847,400 47,500 1,000 706,600 8,200 1,707,300 632,900 15,860 7,260 9,600 19,900 12,100 2,300 509,500 55,500 47,700 1,130 12,800 13,900 110 520 48,700 600 61,000 23,200 260 660 1,500 2,000 900 20,900 2,300 2,300 20 500 1,100 2,400 5,800 80 5,300 800 " l"666 200 300 100 700 8,100 2,900 160 17 H * Class B Sale 51 Sale 38)4 Sale 254 Sale 2)4 Sale 88 83)4 1954 Sale 66 64)4 2354 Sale 94)4 92)4 3% 354 69 68 - 51 1254 3654 254 2)4 75 52 Sale 40 2)4 40 38% July 23 2% July 2% July July 15 2)4 254 Sale 78 )4 7954 75 33 1? %, Sale Sale 51% 2 5 )4 12 954 Sale 754 1154 Sale 3154 Sale 554 9 33 5)4 13 18H Sale Sale 954 12% Sale 31)4 Sale 23 54 2454 1454 Sale 22 Sale 24 22 Sale 2454 125)4 130 Sale 2054 Sale 127)4 133 1 16 July 24 50% July 14% July 75 % July 1 11 25 26 July July 24 Vu, July 25 July 13 29 % Sale 1354 23 54 77 2 30 Sale 1054 140 37 Sale Sale 134 12 15 Sale 3344 Sale 23)4 2454 1754 Sale 2654 Sale 28*4 Sale 4% July July July 16 12 72 29 2 50 Sale .254 Lowest Sale Prices 13% Sale 2 Highest Sale Prices 12)4 Sale 76 Sale 7 54 Sale Sale 50 Sale 14 54 16 Ask Sale 80 Lowest Sale Prices July 31 Ask Bid Sale 1254 50)4 14% 54 Sale 5 11% 7 % 1054 3054 25 11 July 130 July 60 35 60 29 Sale 27% July Sale 28 Sale 29)4 Sale 28 17 Sale 1154 Sale 12 Sale 1154 Sale 10 Sale 27% 3% 4 17)4 Sale 2*4 21 3054 34 3154 35% 18)4 Sale -16)4—18 101)4 108 102% 10354 27 Sale 111)4 Sale 10 107 Sale 109 155)4 160 15 Sale 89)4 Sale 131 13154 60)4 61)4 113)4 H5J4 18 Sale 33)4 Sale 554 6)4 1254 13)4 102)4 HO 59 Sale 3154 34 1354 Sale 1554 154 13 2)4 1054 2954 33 1254 T3- 100)4 97 21)4 126 5)4 12 11% Sale 17% Sale 1% 154 14% 12% 154 Sale 1354 12% 3054 32 10)4 Sale Sale 14)4 254 Sale Sale July 11% July 10% July 15 July 1% July July 1% July 11% July 13 150 6 ft July 5% 15 Sale 1454 Sale 82 Sale 8)4 89 % 158 127 55 101)4 11% 23)4 4 54 10)4 9754 38)4 85 2)4 Sale Sale 9154 164 554 85 2 54 94 854 9154 156 79 133)4 127 57)4 52 129% 127 56 56 105 110 105 14)4 25)4 5 )4 10)4 69 105 14% Sale 28 26 4% 9% Sale 9% 12% 24% 4% 9% July July July July July July July July 2 8 17 26 Sale 32 10 Sale 40% 31% Sale 38 5 34 30 16 12 Sale July July 9% July 4 88 Jan. 20 54 Apr. 69)4 2454 97% 4% 71% 1% Mar. Apr. 8 4 7 4 Feb. 21 8 Feb. 9 Jan. Jan. 30 9% Apr. 10 Jan. 4 May 3 Apr. 8 Apr. 8 July 17 Jan. 8 Apr. 24 Jan. 2 Feb. 6 Jan. 29 Apr. 5 Jan. 4 Jan. 3 Apr. 29 Apr. 18 Apr. 18 Jan. 4 Apr. 8 May 37 Jan. 9 20J4.Feb._19 May 22 17 Jan. 8 106% Jan. 12 15 June 18 31 9 June 25 105% Mar. 30 4 May 23 28% Jan. Apr. 12 May 27 138 5 9% Apr. May 21 9 June 27 104 Apr. 4% Apr. 16 May 21 June 5 113% Jan. 29 9 June 10 1154 Apr. 8 8 Apr. Mar. 20 21% Apr. 22 June 11 110, Jan. 12 166 May 23 9 May 23 100% Apr. July 17 133% Jan. 30 June 11 67% Apr. 16 9 May 21 115% Jan. 4 18% Jan. July 16 Apr. 4 May 21 Mar. 4 July 15 Apr. 20 May 21 it May May May May 31 41% July 32 July 12% July 30 30 58 July 22 12 102% July 1 4% July 12 1 2 19 54 Jan. 34% Apr. 22 30 100 31 58% Apr. 4454 Mar. 26 4% Apr. 22 3% Apr. 11 June 2 30 13 26 31 30 3 9 1 5 12 22 June 11 Sate Prices 9 Jan. 3 1454 9% June 1054 654 June 10 10 1654 May 18 26 May 21 36 54 21% May 29 25% 1854 1154 May 21 2854 15% May 21 1854 May 22 29% 123 June 13 142 55 27% July 30 23 35% May 22 17% 954 May 22 12 9 May 29 14 54 June 26 2554 1 % July 13 354 11 30% May 21 4 1 )4 July 23 18 8 May 21 31 2 8254 July 17 129% July 13 56 July 3 106% July 16 14% July 18 26 July 15 4-54 July 23 10% July 9 16 21 21 454 May 22 11 2 21 22 21 21 22 21 15 25 May 22 % May 14 5% July 85 July 254 July 96 July 9% July 9154 July 165 July 15 July 19 Highest 1 % May 150 126 82)4 254 90 32 July July July July July 5% July 88 85 July Sale 2)4 July 97% 89% July Sale 8% July Sale 90 July 164 165 July Sale 1354 July 82 11 July July 33% July 13)4 July X3 Jury 101 July 98% July 22 July 3054 July 32 33% 13% 12% -43-% -42-H-~4'4 54 1-13 • 102 101% 102 100% Sale 98% Sale 96% 22)4 20)4 21% Sale Sale 554 July 43 31 8% July 26 1 11% July 3254 July 22 25% July 17 14% July 30 25 July 31 2 22% July July 16 133 35 July 29 6 29% July 1254 July 31 11% July 31 17 54 July 31 1 154 July July 10 13 2 254 July 13 July 30 13 % July 21% July 20% July 33 4% May May May 30 May 2 May 2 May 77 July 10 May 45 May 12% May 5% July 52% July 13 July 40 July 2% July 2% July 78 July 12% July 53% July 1554 July 77 % July 2% July 30% July 54 July 13 July July July July 45 150 100 135 7)4 7)4 1 87 91 _100 354 Sale 2 * Common stock 6854 Sale 100 11054 114 5% preferred Houston Oil of Texas v t 1 .110,900 Hupp Motor Car Corp— 58,900 294,800 34,700 129,700 50,300 2,100 16,200 1,600 100 * C--25 123,300 --5 33.500 Howe Sound Co Hudson & Manhattan__—100 23,800 5% preferred 100 11,900 90,000 Hud Bay Min & Sm Co Ltd Hudson Motor Car * 108,900 50 40 8)4 50 m 13 110 60% 21 22 38 16% 21 Mar. 30 Jan. 12 Apr. 13 Apr. 15 Household Finance— 2,900 10,000 3,900 8,800 1,300 10 68,800 6% preferred 100 3,150 * 6,200 Hershey Chocolate $4 conv preferred * 5,900 3,300 Hinde & Dauch Paper Co—10 Holland Furnace (Del) 10 35,100 Hollander (A) & Son 5 26,700 --* 48,800 Holly Sugar Corp 7% preferred 100 210 12-50 185,900 Homestake Mining 9,100 Houdaille-Hershey class A—* 8,400 5,700 5,300 25 25 Powder Hercules 100 500 100 67,900 Hercules Motors 4,300 25", 100 100 1 25 100 111,600 6,500 Helme (G W) 7% preferred 530 2,300 600 __ 25 13,100 Hazel-Atlas Glass Co Hecker Products Corp 70 ---* 100 Ask Bid _ 5,000 1,200 1,000 * -* 50 $6 preferred Glidden Co (The) 234,700 22,000 319,800 17,000 21,900 Gotham Silk Hosiery Preferred 100 1,270 289,500 Graham-Paige Motors _ _ _—1 Granby Consolidated Mining Smelting & Power Ltd 5 93,200 Grand Union Co (The)— 12,100 1,000 12,500 1,600 1,100 —2,200 July 1 Par Shares 8,200 1 1940 Jan. 1 Shares RANGE SINCE JAN. Jan. 2 exchange n. y. stock Since 35 N. Y. STOCK EXCHANGE—STOCKS August, 1940] __100 RR_ 3)4 4954-Sale 3054 % 3* 26 4* Sale 554 Sale 1 Sale 6% preferred series A 100 1254 Sale 23)4 24 Leased line 4 % RR sec stock ctfs ser 100 40 Illinois Central A-1000 10 * ndian Refining ndustrial Rayon Corp ngersol-Rand 6 % preferred - - * 100 -* nland Steel nspiration Cons nsurancshares Copper—20 Ctfs 1 lnc 6% preferred * ntercontinental Rubber nterlake Iron nternat Prior nt. * Agricultural--- 100 preferred Business Machines nternational Sale 6)4 654 Sale 28)4 Sale 5 54 116 118 150)4 Sale 86)4 88)4 1354 Sale 554 5% 3% Sale 100 43 Sale ----* 100 108)4 109 Interboro Rap Trans nterchemical Corp * * Harvester 7% preferred 100 Hydro-Elec Sys A-25 nternat 56 % 100 Sale 6 3 13 56 57 % 58 102% 104% 102% 4 Sale 3% 29% Sale 28% Sale 54 % 54 S«le 3 % Sale 3)4 3)4 59 104 Sale Sale 3% 54 3% Sale 7)4 Sale 14 33)4 3 5)4 22)4 90 140 82)4 8)4 5)4 2 54 23 99 754 13% 34)4 4 Sale Sale 148 85 554 2 54 25)4 100 43 150 155 3 Sale 1)4 22)4 Sale 4% Sale 254. Sale 6 Sale 1 9)4 Sale 6% Sale nternational Nickel of Canada* 37)4 Sale nternational Mercan Marine.* nternation Mining Corp —100 Preferred & Powerl5 5% conv preferred 100 nternatl Rys of Cent Amer. 5% preferred 100 nternational Salt * nternational Shoe__ -* nternational Silver ----50 7% preferred 100 nternational Paper nternational Tele & Tel * Foreign share certificates—* Department Stores * 10 nterstate Preferred ntertype Corp sland Creek Coal $6 preferred * —1 — 130 Sale Sale 51 Sale 3554 For footnotes see page 40. Sale 3654 35 Sale 26)4 9754 4)4 4)4 10)4 28)4 100 83 Sale 8 25% Sale Sale Sale 9 2554 1 arvls (W B) Co ---1 1654 51,800 ewel Tea lnc 25,100 ohns-Manville 74 93,000 Preferred 100 128 2,030 Jones & Laughlin Steel pref-100 66 31,600 Kalamazoo Stove & Furn Co 10 14)4 17,400 Kansas City Lt 1st pref ser B 120 280 Kansas City Southern.--— 23,600 4% preferred 100 5,100 Kaurmann Department Stores 1 6,600 5% conv preferred 100 95 400 ——5 14 8,800 Kayser (J) & Co Keith-Albee Orpheum pref-100 93 1,280 Kelsey Hayes Wheel— Convertible class A 1 11)4 166,100 Conv class B 1 7)4 111,500 Kendall Co $6 part pref ser A.* 90 1,800 ! 133 14)4 5654 4)4 3 54 1254 47)4 2 % 38 54 Sale 31 Sale 2 54 254 6 75)4 554 24 123 Sale 10 43)4 54)4 Sale Sale 125 Sale 10)4 119)4 354 12)4 9)4 15 95 Sale Sale Sale Sale 3)4 40 31)4 Sale 18)4 Sale Sale 100 4 22% Sale 114)4 120 88 58 92 7)4 8254 6 Sale Sale 166 92 146 9 138 165 3% 5% 22% 854 37 Sale 185)4 Sale 60% Sale 154 546 Sale 39 8 21)4 4 15 454 Sale 1154 Sale 1% Sale 2)4 Sale Sale 15 100 Sale 3)4 6)4 85 6)4 24)4 125 26% 103 14 34% July July 5)4 July Sale 21 July Sale 85 July 146 157 July Sale 81 July Sale 8)4 July 5% July 5% 2 54 July Sale 22 4 Sale 11 4 7 4 6)4 109 1% Sale Sale Sale 163 23% Sale Sale 4% 23% July July 2 % July 7 % July 1 % July 19% July 100 Sale 25 6 1 5 9 26 13 26 21% July 7% July July July July 6)4 July 22% July 92 July 146 July 84 July 9-54 July 5% July 2 54 July July 105 July 3% July 8% July 1% July 22% July 145 July 46 July 165 July 2-54 July 754- July 4 July 16 1 1 5 31 16 6 16 9 25 22 17 1 31 25 2 31 23 6 31 29 30 2 29 8 30 31 17 1 5 2 25 July July July July 37 July 30 July 28% July 17% July 90 254 254 6% 7554 6% 2% July Sale 254 July Sale 6% July 79 July 90 6 July 6% Sale 23 % July 123 Sale July 3 6 1 16 2454 123 20 Sale 72 Sale 11 Sale 11954 4% 4% 14% 11% 15 13 10% 92% 100 9 954 97)4 103)4 Sale 1254 6)4 Sale Sale 96 Sale 96 100 6 % 24 27 17 111% May 22 26 3 Jan. 5 15 6% Feb. 17 14 1 Jan. 2 554 May 21 May 21 12 31 3 June 12 May 18 May May June May 22 8 June June 10 113 5 91 22 25 2 22 11 21 254 May 15 6% May 21 1 May 21 18% May 21 36 38 2 23 6% July July 10 654 July 16 2554 July 2 125% July 18 79 12 11% July July 58% July 5 128 July 3 75 July 15 11 July 5 45 1 45 1 % May 22 5% May 22 3% May 23 '4% July 30 14 July 10% July 92% July 9 July 10 15 24 30 24 13 10 12% July 6 % July 96 July June 31 2 1 20 Mar. 28 6 4 254 Apr. 38 Jan. 5 3 5 554 Jan. 14% Apr. 20 7 Jan. 3854 Jan. Jan. 21 28 28 Jan. 15 102% Apr. 15 454 Jan. 15 454 Jan. 21 11 21 23 Jan. 90 10 28 Mar. 13 Apr. 854 Jan. June 21 127% May June 10 Jan. 4 11 23 June 10 [22% May 48% May 954 June 11754 May 3% May 11 May 9 May 92 May 7% May 3 21% May 3 73 Apr. 29 554 Jan. 24 6 56% Feb. 37% Apr. 12 5 36% Jan. 9 May 21 3454 May 22 95 11 14 28 1254 Jan. 3 133 44 16 27 Jan. 5 22 30 24 31 10 15 3 Jan. June 11 191% Mar. 12 4 May 22 6254 Jan. Jan. 22 May 25 171 26)4 May 25 May 13% May 97% Jan. 1 % May 154 May 454 May 74% June 5% May 20% May 2 % July 3 July Jan. Apr. 90)4 Apr. 1554 Apr. 6% Feb. 5% Feb. 47 54 Mar. 09 40 July 32% July 31% July 18% July Apr. June 26 158 66% 7% 454 2% 37 12 Jan. ,88 45 24 22 1354 Jan. 24% Jan. 43% Apr. 5 May 23 1654 May 21 29 72 May 25 118 10% May 21 40% May 21 1 % May 18 3% July 14 July 9% July 92)4 July 7% July 1154 July 5% July 94% July 22 71% Apr. 25 13 654 Jan. 3 5054 Feb. 21 154 Feb. 20 7% Feb. 20 22 1954 June 97% 103% 1154 5% July July July July 62 July 10% July 54% May May 354 May 28% July 54 Jan. 2% May 12 May 3 May % May 105 24% July 11 117% July 25 14% July 23 53 July 5 2% July 104 Sale 12)4 8 16 11 1054 11% Sale Sale 42% 54)4 5754 Sale 127)4 125% 127% 125% 100 15 25 4254 July July 2% July 6 July 354 July 155 Sale 45 1154 11 1 It S* 11 ""454 9 July 138 125% 117 Sale 1154 Sale 46% 2% 2% Sale 62 9 41 2-54 654 3% 14% 52% 2% 5 3 Sale 118 1 July July July July 4 July % July 3054 % 3% 1554 25 Sale 4554 13 25 8)4 156 26 29 July 14% 41 3 2t 17 13 54 July Sale Sale 142 July July July July July July 13 July 3 % July % July 17 52 9 Jan. 3 Mar. 27 77% Jan. 22 132 15 75 16 10 28 121 754 21 23 20 23 21 21 \t i8H 9 14 4 Jan. 15 July 15 Apr. 4 Apr. 4 Mar. 15 Jan. Jan. Feb. 5 8 Jan. 23 8 Apr. 18 1754 Apr. 23 1954 Apr. 23 87% June 20 10354 Apr. 16 8% May 21 4 54 May 22 N. Y. STOCK EXCHAKGE-STOCKS AGGREGATE SALES PRICES IN JULY Price STOCKS Kennecott Copper Keystone Steel & Wire Co * Kimberly-Clark:::i Kinney (G R) * $5 prior preferred Ilio Kresge (S 8) Co— i Kresge Department Stores. * Kress (S H) & Co ♦ Kroger Grocery & Baking 2,210 Laclede Gas Light Sale 14 3 Sale 22 H Sale Sale Sale 29# - Preferred100 Lily Tulip Cup Corp * Lima Locomotive Works—_.* Link Belt Co * Lion Oil Refining Co * 10 Sale 12* Sale Sale Sale Sale Sale Sale JjSS 35 Sale Sale Sale 35# m Sale Sale Sale ale fale Sale * Sale —---1 Corp --* Sale Long Bell Lumber A———* Loose-Wiles Biscuit---—--25 Sale 5% preferred 910 — 100 -10 110,900 Lorillard (P) common Preferred —-100 4,050 * 32,500 Louisville Gas & Elec A 29,600 Louisville & Nashville.--—100 110 Sale 12,100 MacAndrewa & Forbes Co-.10 6% preferred 100 830 * 116,800 Mack Truck Inc ....—. Sale Sale Sale Sale Sal^ Sale 134# Sale 96 150 26# 27 19# Sale" Sale 28# Sale 8# Sale 7% 410 46,600 19,300 4,300 2,140 27,900 97,900 1,300 55,700 19,500 50,100 130,500 300-.000 57,700 37,800 1,240 96,200 100 preferred 10 —* May Department Stores Maytag Co (The) $3 $6 * ——* preferred 1st preferred McCall Corp McCrory Stores 6% conv preferred McGraw Electric Co McGraw Hill Publ Co. * —1 100 1 * Mclntyre Porcupine Mines.—5 McKeesport Tin Plate10 McKesson & Bobbins, Inc 5 $3 series conv pref * McLellan Stores Co ----1 6% conv Mead Corp preferred -100 * series A— -—-* $5.50 pref ser B with warr..* 6,000 71,300 Melville Shoe Corp......——1 -1 53,100 Mengel Co $6 preferred 550 5% conv 1st preferred 50 16,700 42,740 Merch & Min Transp Co..-* 5 31,100 Mesta Machine Co. 2ig 25# 2 4# 28# \lH 4% Sale 2654: 63# 68 Sale 27# Sale 3 Sale Sale 14 Sale 14# Sale 12# Sale 27 7 13 Sale 28# • Sale Sale 37 100 Sale 108 Sale Sale Sale — * Sale 7% preferred series A..-.100 {Missouri Pacific———-100 Convertible preferred—-100 Mohawk Carpet Mills 20 2# 28# 7t Sale - - Monsanto Chemical Wks..—10 $4.50 preferred —-* Preferred series B —* Sale Sale Sale 118 120 12* if 6* 118 38 —50 --* Sale 24 Sale 5 10# Sale 1 Sale 1 14 19 Sale Mueller Brass Co Mullins Mfg Corp class B $7 preferred.—. * Munsmgwear — * Murphy Co (G C)_. —.* 5% preferred ....100 760 10 92,200 Murray Corp of America * 5,600 Myers (F E) & Bros For footnotes see page 40. 44# Sale 11 # 69# Sale Sale 102# Sale 33 : Sale 2# 15# 2# 16# 109# 150 i!^ lfA 29 31 3# 7# # Sale* Sale Sale Sale" Sale 37 Sale 11# 14# Sale 3# 2# 23# Sale 10# Sale 70# Sale Sale 108 Sale 52 40 12 1 1 5# July July 12# July 3# July 19 July 18# July 105 July 1# July # July 2# July 18 July 10# July 22# July 35 July 5# July 37# July 95 July 96 July 175 July 17# July 17# July 32 July 9 July 13#""July 22# July 23# July 98# July 20# July 31# July 2# July 14# July 106# July 19# July 148 July 18# July 47 July 31 July 30# July 105 2# 1# 3# 20# 11# 24 40 7# 39# 96# 99# 175 19# 18# 34# 9# 14# 4 July July July July July July July July July July July July July July July July July July July July July July July July - 20# Sale 28 25 Sale 10# 27 1# Sale 1# 7 S0H 17# % a Sale Sale Sale Sale li# 31# 8# 26# Sale M* 167 Sale 170 Sale 22 65 x2S 23 7# Sale 7# Sale 4# Sale 22 Sale Sale Sale" 44 Feb. 16 Feb. 26 29# Jan. 34# Apr. 22 May ti 115 4 S 29 June June May 13# May 27 May 9 May 10# May 22# July 20# May 97 May 15# May 29 June 2 May June May May May May May 13# 105# 18# 138# 15# 38 5 17# July 12# July # July 3# July 4# July 10# July 27 July 8# July 24# July 17# July 13 July May July May May May May May May May May 22 30 21 21 21 23 31 22 21 21 23 162 44 2# 22# 97# 11# 12# 4# 5 July July July July July July 11# 32# 9# 27# July July July July July July July July July 25# July 166 July 50 July 2# July 23 July 102 July 12# July 14# July 1 19# July 6 July 23 1 26# July 1 6# July 1 4# July 2 21# July 6# July 10 ; I 8# July July Sale July 2 July 2# July 13# July 12# July Sale 26# July Sale 6# July Sale 12# July Sale 28# July Sale 111# July Sale 36 July 110# 100 July 2# July 80 B8 iIS 7# July # July 2# July # July # July 12 July 89 July 116 July 117# July 38# July 34# July 23# July 10# July 14# July 17# July 2# July 22# July 10# July 70# July 108 July 5 July 41# July 18 3 July 8# July # July 2# July te 12# July 93# July 119 • July 121# July 42# July 35 July 27 July 11# July 15# July 19 July 3# July 27 July 13 July 73 July 109 July 5# July 42 July Feb. 19 Jan. 11 2 10 June 25 May 21 3 2 3 4 Jan. 25 Jan. 3 May 10 Jan. 3 Apr. 15 Jan. Mar. 4 8 Apr. 18 Mar. 11 Feb. 28 July 17 Jan. 7 May 9 Jan. 5 Mar. 29 Feb. 21 Apr. 16 Apr. 15 ; June 30 15 30 3 2 30 2 31 June 10 Apr. 15 June 12 Mar. May 22 May 22 May 23 Jan. 22# July 23 7 July 17 28# July 30 7# July 16 4# July 5 22# July 5 6# July 30 July July 70 July 29# July July 15 H July July July July July 31# July 115 July 38# July 104 July 75 67 27 4 4 11 60 June 1 5 Jan. Apr. 109# May 25# Apr. 162 May 21# Jan. 11 : 3 Jan. 22 31 24 21 July 27 July 2 July 5# July 8 Jan. Jan. May May May May 29 4 10 Jan. IP Apr. 4# 20 j| July 25 July July 3 9 3 53# Jan. 9# Apr. 20 45 Apr. 15 109 Apr. 15 5 109# Apr. 180# May 9 4 23# Apr. 3 29# Jan. 41 Apr. 6 14# Apr. 27 18# Mar. 27 41# Apr. 15 37# Mar. 15 109# Apr. 8 Apr. 8 May May May May July^ Jan. Jan. Jan. May May May May July July July 4 6 9# Jan. 5 18# Jan. 15% Jan. 11 Apr. 5 18# July 23# July 10# July 25 July 1# July 5 July Sale |X 26 11 100# June 1# May # Apr. 108 Sale Jan. 3 Feb. 9 Apr. 18 Jan. 24 Apr. 8 3# May 32 17# 13# 38# 14# 46# 2# 31# 16# May 15# May July July July July 154 July 19# July 57 July 8 21 21 21 22 20 23 21 8 # May 12 May 27# July 25# 102# 25# 33 # 2# 15# 107# 21# 24# May 10 May May May May May 2 May 23# June 23# May 27# 1 # 17# 19# 25 6# 12# 14# 4# 22# 18# 11 26# July 27# July 13 July 35# July 1# July 25 July 23# July 35 Sale Sale Motor Products-..Motor Wheel Corp Sale Sale Montgomery Ward & Co——-* Morrell (J) & Go * Morris & Essex 28# 112 * ... 28# 7# Sale Sale Implem.-l $6.50 preferred-. 75 Sale Sale Mission Corp Mo-Kan-Texas 22 94# Sale Minn Moline Power Sale lo8* A" ri" Sale Sale 50< 48# 2# Sale 23 21# 24# Sale 100 103# Sale 12# 13# Sale 14# Sale 109# 98# 109 6 5 68,000 6,300 45,600 48,800 91,700 18,900 110,000 29,600 83,000 2,500 1,990 615,800 2,300 12,460 100,300 64,900 31,900 54,900 6,230 32,900 20,600 162 19# Sale 7 5# 26# Sale 6# Sale 116,800 Mid-Continent Petroleum—10 * 53,500 Midland Steel Products 8% 1st preferred 100 5,190 43,200 Min-Honeywell Regulator Co. * 4% conv preferred ser B__ 100 2,350 156.000 Miami Copper— Sale 70 Sale Sale Sale 44# Sale 2# 2# 2iH Sale 13# 25# 96 Sale J* 32 Sale 23# 110 Sale 27 Sale 24 IS* \lH 25 8 _ 10# 23 Sale 100 Sale 24 4# 161 "53# Highest Sale Prices 125 120 1 * Sale Sale 9# Sale Martin (Glenn L) Co 37# Sale Sale 26# Sale 24# 101# 100 Sale 22# 18# 18# 47# Sale Sale Sale Sale 178 14 Sale Sale 1* Sale c 41 Sale 109# 107 20 21# Sale 146 Sale Sale Sale Sale 40 7 37 95 97 Sale Sale 7 28 7# 13# Sale 5 4# 6# 38# * 71,300 Mathieson Alkali Works—..* - Sale Marshall Field & Co Sale Sale 2$ 13 Sale 171,800 776,900 711,800 36,400 Masonite Corp.. 6# i8S 13# 15 Lowest Sale Prices 24# July 29# July 34 30# Sale Sale Sale Highest Sale Prices 24# July July July July July 22# July Sale 26 25 irA Sale Sale Sale 23# Sale 3 2# Sale Sale Macy (R H) Co Inc * Madison Square Garden--—-* Magma Copper 10 Manati Sugar Co— 1 Mandel Bros ---* Martin Parry Corp 23 3# 109,100 19,200 23,900 110,000 5,600 3,940 53,400 13,400 16,600 224,300 {Manhat'n Ry Co 7% guar-100 Modified 5% guaranteed 100 Manhattan Shirt-... 25 Maracaibo Oil Explor 1 Marine Midland Corp 5 22,680 Market Street Ry prior pref 100 1# 26 Sale 98# Sale 175 169* 177 19 18# 19 175 32 34. 9# 13# 24# 24# 98# 23# 31# 2# 14# 106# Lowest Ask 20 19# Sale w* 20 19 19 18# 105# 108 103# 105 2 2 2# 1# Sale 1# Sale 3 3# Sale Sale 20 18# Sale Sale 11 10? 10# 24 23 23# Sale Sale Sale * $6.50 preferred 32 && 22# 114# Liquid Carbonic Corp * Lockheed Aircraft Corp—...1 Loew's Inc 18" B* Sale Sale Lehn & Fink Products Corp.-5 Lerner Stores Corp..— * Libbey-Owens-Ford Glass * Libby McNeill & Libby 7 Life Savers Corp5 Liggett & Myers Tob com—25 Series B 25 Ask Bid Sale 27# Sale ftl 4% * Bryant 5 Lehigh Portland Cement—25 4% conv preferred 100 {Lehigh Valley RR Co 50 Lehigh Valley Coal * 6% conv preferred 50 Lehman Corp. (The) 1 - 25# 11" 32 Sale Lee Rubber & Tire Loft Inc.. Lone Star Cement Bid Sale 100 100 —* 5% preferred.. 2,020 39,800 Lambert Co (The) Lane Ask Sale Prices July 31 July 1 Par _* Shares 7,100 51,600 22,200 1,970 68,100 84,000 48,000 164,300 17,400 20,000 131,000 112,500 12,400 15,500 76,400 4,400 11,500 42,300 21,200 35,100 72,900 1,570,000 215,100 8,200 3,517,900 76,400 45,300 257800 1 1940 Jan. 1 770,400 38,200 31,100 12,900 7,150 123,300 3,400 29,400 201,800 RANGE SINCE JAN. Jan. 2 N. Y. STOCK EXCHANGE Since 3 24 9 17 16 16 17 22 31 2 31 2 31 19 10 Jan. 8 2 4 Feb. 23 Apr. 3 June 14 Mar. 29 May 22 May 21 May 21 May 21 Jan. 8 Apr. 8 June 6 June 26 15 15 28 21 May 31 May 28 May May May May Feb. 5 Feb. 6 Feb. 24 Apr. 3 Apr 25 Jan Jan. 3 8 Apr. Apr. 1 1 Jan. 4 Apr. 15 May May May 3 6 2 May 24 May 22 May 22 Mar. June 25 May 27 Apr. 8 May May May May May May 22 21 21 21 24 21 June 26 May May May May May 15 21 21 18 22 5 Jan. 5 Feb. 21 Apr. 10 May 9 Apr. 8 May Apr. 9 8 Jan. 20 Apr. 24 Apr. 25 Apr. 8 Jan. Jan, June 27 Jan. June 21 Jan. May 21 Jan. June 10 May July 31 May 23 May 27 May 21 May 21 Jan. Jan. Feb. 30 June 20 Feb. 1 May May May May May May May May May 22 21 21 14 21 22 28 22 21 June 15 3 2 Apr. 18 Apr, 4 Jan, 9 Feb. 16 Feb. 28 Mar. 20 Mar. 29 Feb. 14 Feb. 16 Apr. 8 N. Y. STOCK August, 1940] AQQREQATE SALES Since 1940 Par Shares July 1 Ask Bid Nash-Kelvinator Corp——-.5 Nashville Chatt & St Louis.100 National Acme 1 Nat Automotive Fibres Ihc__l Sale 65* 22)* 153* 21 15 6% conv pref. 10 .5 254,500 National Aviation Corp 10 266,300 National Biscuit Co 3,200 7% preferred ---100 10,300 Nat Bond & Investment Co. * 5% pref series A.. ....-100 2,000 do * Bond & Share Corp.* * " 10,500 National ~ 13 Sale 165 15 19 54 Sale Sale 13 5* 110 Sale Sale 13 2* Sale 7% preferred A 100 4,400 6% preferred B —100 2,280 * 49,900 Nat Mall & Steel Cast Co .* 214.100 National Power & Light National Steel 25 113,000 154,400 National Supply Co of Pa___10 $2 conv. preferred —40 16,810 53*% prior preferred 100 15,200 6% prior preferred 100 1,400 * 233,600 National Tea Co 17 24 Sale 412* 3 54 47 Sale 92* 242* 25 24 78 83 402* 41 1112* Sale 122* 49W "502* 18 2* Sale Sale Sale Y City Omnibus Corp.....* 32 2* 100 42* 62* 107 50 , 27 100 000'Norfolk a: Western Ry 100 Adj 4% preferred 2,610 North American Co 554,300 Preferred 6% series 19,700 28,900 1,006,900 1,360 380,700 5,100 2.990 45,900 320 3,300 371,800 56,800 65,500 3,320 11,900 106,500 2,120 186,800 9,300 10,700 10 50 Preferred 524 % series 50 North American Aviation 1 Northern Central 50 Northern Pacific.. -.100 North States Pow Co $5 pref.* Northwestern Telegraph 50 Norwalk Tire & Rubber * Preferred 50 Norwich Pharmacal Co 2.50 Ohio Oil Co Oliver Farm .'.—* (The)... * 6 100 Equipment Omnibus Corp (The) 8% pref series A Oppenheim Collins & Co— - $5.50 conv 1st * preferred—* 5 Outboard Marine & Mfg. Outlet Co Preferred 2,930 1,390 Sale 111 ,S/* Sale 11124 107 Sale Sale 82* 111 34 24 5 42 2* Sale 11124 95 Sale 33 224 242* 4424 Sale Sale Sale 10 Sale 100 103 2* Park & Tilford 2,300 Park Utah Cons Mines 105,900 Parke Davis & Co 79,500 Parker Rust Proof Co 50,800 Parmelee 2.50 Transportation Co.* 1 Mines & Knt Cons—10 6 24 Sale 3 Pet Milk Petroleum Corp 50,170 Pfeiffer Brewing Co 49,400 291,800 Phelps Dodge 23,000 Philadelphia Co pref 6% $6 preferred 3,600 100 100 100 -.100 * 5 * 25 50 * 54,000 Philadelphia & Reading C & I_» For footnote* we page 40. o 3 65* Sale 14 Sale 11 Sale 14 135 143 8 Sale 512* 55 120 48 51 Sale Sale Sale 48 654 23 H Sale 112* 128 Sale 132 7 Sale 40 2* 42 982* 100 754 Sale 854 15 22* Sale 9 24 18 Sale Sale 12 82 July 12 17 22 166 1 141 Sale 30 Sale 2 24 9 2* 43* 1024 2854 Sale 39 Sale 38 2J* 1154 25* 1054 42* 102* Sale 102* 95* U24 10 115* 934 125 118 11754 1182* 119 148 144 5* 292* "52* 69 72* 15 15* Sale Sale 8 35* 55* 32* 145* 7 % Sale 624 Sale 144 3 3* 324 150 624 Sale Sale 9 00 31 32 97 5* 292* 34 99 Sale 74 7 5* 16 2* 154 55* 715* Sale 75 8 Sale 15 Sale 154 332* Sale 33 54 Sale 34 192* Sale 1824 an Sale 12* Sale 1 Sale 7 7 24 Sale 8 Sale 63* Sale 2 2* 3 5* 23 61 Sale Sale Sale 48 80 Sale 792* 12* 22* 185* Sale 2OB 25 13 162* 1182* 232* Sale 20 19 554 492* 22* Sale Sale Sale 11 11 10 3H 112* Sale 45 1254 "19T* Sale Sale 30 124 65* 33 Sale 26 27 Sale 162* 182* 654 72* 202* 8 65 22 2* 82* 65* 40 Sale 43 44 81 83 2* 12* 492* Sale 22* Sale 20 13 120 Sale 37 3 754 2 8 954 6 112* 1072* 107 3 724 52* 3 27 16 23 100 31 203* July .31 July 30 July 31 July 31 62* 3024 924 82* July July July July July July 30 15 31 19 30 15 31 202* 334 454 31 31 110 45 July July July 2* 5* 24 13 24 July July 20 July July July July 175 105 145* 472* 47 24 July July July July July July 15 843* 42* 101 27 July July July 22* 262* 14 16 6 July 27 22 July 82* July 262* July 22 July 25 30 July 8 136 572* July 554 July 31 July 6 July 30 July 30 July 24 July 30 July 16 July 30 July 30 July 16 4 July 17 6 July 9 4 July 5 152* July 30 8 July July 00 ^ 32 July 24 192* 17 7 65* 754 8 422* 80 54. 29 42 2* 82 July 15 July 154 July 34 24 July 20 July 12* July 824 July 724 July 51 July 80 Juiy 22* July 3 July 232* July 112* July 30 6 31 31 6 _ 31 11 11 18 20 aS." Sale 44 90 30 1 10 2 2 8 255* July 41 July 80 July 24 July 15 - 9 11 2 8 July 312* July 21 July 183* July 654 July 8 July 2954 July 44 July 82 July 54. July 10 7 4 4 Mar. 28 Mar. Apr. 4 Jan. 4 Feb. 19 Jan. 3 Jan. 11 Apr. 4 Jan. 22 Jan. 17 64" Jan. 6 103* Apr. 26 May 22 May 22 6 654 Jan. 2354 Feb. 13 4 123* Jan. 14 Apr. 15 345* Apr. 15 8 35* May 22 92* May 21 22 ?§* May 22 33 May 8 May 21 Jan. 50 1634 Jan. May 25 139 144 June Jan. 18 154 10 734 Jan. 2 7* June 55* July 10 2 24 May 15 12 May 21 1« 10 1 993* May 424 May 64 May 624 May 15 May 15* May 313* July 133* May U May 55* May 524 June 21 21 22 22 28 21 26 154 13* 1154 954 May 22 May 22 May 21 Jan. 6 25 5 May 22 May 18 May 22 15 23 June Jan. 12 2 5 453* Apr. 7 1013* Jan. 25 21 4 85* Apr. 94 23 Apr. 15 21 6 103* Apr. June mx 4 11 May 23 June 4 24 4 834 Jan. 43* Mar. 11 4 2534 Apr. 3* May 22 6 54 Jan. 26 3* .Tune 3 Mar. 12 115 71 10 11 11 2 2 31 30 19 17 9 May Am". 454 June 10 45 23 121 July 26 202* July 30 July 31 32 July 25 July July 17 July 18 July 63* July 7 24 July 7 __ June 2 8 173* July 1 July 7 July 554 July 482* July 753* July 2 July 22* July 182* July 11 July 121 July 19 July 175* July 30 July June 24 Mar. 13 Apr. 29 Apr. 6 4 June 12 110 Jan. July 20 23 3* July 31 1434 Feb. 20 May 24 3 50 Jan. May 21 3 185* Jan. May 21 4 May 21 2134 Jan. 3 39 Jan. May 21 9 May 21 33 3* Mar. 83* Apr. 22 May 21 1234 Apr. 22 May 22 May 21 1153* Mar. 11 Apr. 27 1113* Apr. 30 June 6 56 Feb. 20 5* Jan. 3 Apr. 27 2 Jan. 4 Apr. 12 3* Jan. 11 Apr. 4 Jan. 15 265* Apr. 22 6 May 23 353* Apr. 4 May 22 2263* May May 25 11334 Mar. 27 3 May 21 2354 Jan. Jan. 8 May 22 59 Jan. 10 May 22 58 2654 Jan. 3 May 14 June 5 903* Feb. 20 934 Jan. 3 May 15 Mar. 25 May 24 113 Apr. 29 May 22 36 5W Jan. 3 May 15 July 27 423* Jan. 12 163* May 29 July 2 42 55* July 692* July Feb. 15 Jan. » 3 Apr. 30 July 18 July 20 Apr. 15 Jan. 24 Mar. 6 Apr. 1 Apr. 17 Jan. 3 Jan. 8 Mar. 12 Apr. 17 Jan. 3 Jan. 3 Apr. 8 Mar. 14 Jviar 4 Apr. 6 Jan. 3 Jan. Jan. 31 9 Apr. Jan. 31 Jan. 29 4 Jan. 3 Jan. 3 Jan. 4 Jan. 3 May 3 Apr. 4 Apr. 2 Apr. Apr. 11 854 55* June 10 2334 1024 May 21 145* 75* May 21 95 May 23 112 55* 22* May 22 185* 112* June 11 12454 June 11 144 7 May 21 125* 21 May 21 41 June 10 19 3254 47 May 24 55 1152* May 24 120 31 15 22* 102* 524 10 24 30 24 423* 112* 1182* 1493* 4 2* July 675* July 7 24 July 15 July 12* July 312s July 26 104 July 32* July 1424 July July July July July July July July July July July July July July July July July 96 July July July July July 30 12 48 19 :rl60 145* July 1124 July July June 66 July 102 75* 22J* 213* 73* 85* June 10 1634 June 6 243* June 11 1703* 19 July 17 May 18 993* June 25 203* May 22 1634 May 21 135* .June 5 185* June 13 1163* May 23 114 May 28 63* 734 YXl May 23 June 10 265* June 6 155* May 21 1234 10 July 72* July 603* July 624 July 954 July July 34 372* July 554 July 8 30 3 Sale 18 Sale 24 20 24 Sale" 19 24 Sale 3454 332* 30 275* 182* Sale Sale 27 40 70 16 99 Sale 44 55* 33* 132* 8 Sale Sale 13 6 5 31 31 11 15 30 16 11 31 July 193* July 2 6 May 21 June 142* May 22 223* May '29 1735* June 19 1483* 132 132* May 21 27 85* A* May 22 7354 48 May 21 954 45* May 24 8 145* M"y 23 2624 May 24 43 k 433* 35 3* June 25 4 85* 32* Jan. 105* 724 May 21 103* 95* June 26 14 May 21 255* 91 72 July 31 36 May 22 533* 10 July 52* July Sale 32* 55* 3 5* 1424 155 July July 48 Sale Sale 141 "724 72* Sale 35* Sale 19 24 Sale 654 72* 11354 573* 52* 52* 10 July 105* July 145* July 24 1143* July 2 112 July 3 454 July 11 63* July 5 21 July 11 93* July 1 73* July 47 2* July 5 24 12 1 52* July 123* July 10 July 100 July 3 July 12 July 128 July 7 2* July 22 24 July 104 47 2* 173* July c Sale Sale 18 23 20 116 H 62 24 9 162* July 24 23 Sale Peoria & Eastern Ry 1,900 Pere Marquette Ry 9,000 5% prior preferred 5% preferred.. 14 July Sale 452* 1152* ,?* 132* Jan. 13 55* July 15 72* June 20 July 1 July 22 95 33,600 People s Gas Light & Coke. 100 160 2 82* 824 July 2 10 July 105* 1024 Sale Sale 17 18 July 25 18 Sale 72 72 July 31 753* 42 41 July 16 41 39 8 106 106 July 1112* 105 20 2*^ July 20 233* 232* Sale 654 July 19 75* 75* Sale 9 42 373* July 4154 Sale 1254 1124 July 25 1224 Sale 125s July 24 14 132* Sale 1 2554 225s July 255* Sale 2 24 July 25 273* 263* 25 Sale 3 5* July 424 424 3 6 July 65* 65* Sale Sale 106 July 25 107 107 106 117 24 522* 5054 July 522* Sale 5i. 5. July 5iB 24 % 2* July 2* Sale 24 July X 185* July 212* 205* Sale 23 54 July 27 Sale 27 197 2* July 214 20554 207 107 July 1103* 1102* Sale 21 Sale 20 182* July Sale 58 55 July 57 52 July 5534 542* Sale 1524 July 172* 1652 Sale 872* 862* July 8654 872* 55* July 65* 624 Sale 113 1105* 1112* 11154 July 33 54 33 2* 32?* July 342* 2 24 July 23* 234 25* Sale 27 262* July 27 14 July 142* 1524 145* 25 * Penn-Dixie Cement 5 28 * $7 conv pref series A ..* 14,600 Penn Glass Sand Corp vtc..* 4,800 $7 conv preferred 170 Pennsylvania RR Co 50 650,800 5 12,700 People's Drug Stores Inc Sale 130 82* 12 July July 83* 22 Sale 10 * 36 Sale 8 2* * 127 July 1954 July 20 19 654 5954 Penn Coal & Coke.. .524 Sale 105-4 104 1003* 3 2* 3 2* 12 5* A* July July July 24 Patino Co 34 53* 95* 3024 36 24 10 43 1 Penney (J C) • Sale Pathe Film Corp Penick & Ford Sale 6 924 3224 27 10 1 1 * Sale 60 40 85 58,300 Sale 754 Sale 20 H 13 2* 100 6% 1st preferred 6% 2d preferred.. 7,800 32 62* 122* 48.2* 1424 * 25* 15 14 41 ..100 100 Sale 110 Sale Sale ' 6,400 Sale 62* Sale 550,000 14,570 23,720 16 24 Sale 150 52,000 57 33 5* Teleg Sale Sale 84 89 Sale Sale 6% preferred Pacific Tin Consol Corp 1 63,349 Pacific Western Oil— 10 22,800 Packard Motor Car 1,074,700 Pan American Airways Corp..5 1,101,000 Pan Amer Pet & Trans.. 5 8.300 Panhandle Prod & Ref 1 48,500 Paraffine Cos Inc * 11,800 4% conv preferred... 100 270 Paramount Pictures 1 31,700 241,600 187,500 21,400 150,200 21,200 20 5* 54 52 24 58 624 115* 27 Sale Sale 26 Sale 204 58 87 1854 232* 2* 32 Sale 222* 5624 o24 Pacific Gas & Electric......25 Pacific Telep & 7 nAt 224 854 42* 10 24 292* * 4 117 24 52 50 62* Corp 13 24 Sale 1082* 22 2* 12 ... preferred preferred Pacific Lighting 48,400 Pacific Mills.. 40,900 554 101 * * 1st 2d Sale 242* 24 —10 Pacific Coast 16,480 Pacific Finance Corp (Calif) .10 7,000 141.100 1154 12 2* 2254 Sale a 13X8 312* 217 193,600 13,730 7,280 Sale 24 Sale — 2154 -392* 38 106 "5224 Sale * 100 100 Owens-Illinois Glass Co.. 12.50 106,500 Pacific Amer Fisheries Inc 5 600 724 1102* 100 r1472* 6% preferred 44 112 2124 7 24 3 2* 5 17 5* Otis Steel Co— 41 102 Sale 55* Otis Elevator 80 70 Sale 67 700 , 32 5* 110 ^ack^wit N Y Ry Col 1100 tN Y N H & Hartford 100 Convertible preferred 100 66 >>00 6,700 JN Y Ontario & Western.. 100 N Y Shipbuilding pt stock 1 564,000 5 15.000 Noblitt-Sparks Indus Inc 854 36 305* 372* 352* 524 Sale 82* Sale 105* Sale 183* 162* 92* 92* 110 Sale Sale 19 July July July July July 153* 1625s 133 3* 17 24 75* July 56 July 142 9 20 220 138 Sale Sale 62* July Sale 17 July July July July July 70 Sale Sale 572* 55* Sale Sale 7 82 168 185* July July July July July c 160 Sale 382* 1 172* Sale 125* ilH July 195* July 72* July 91 168 72* 46,700 N Y Chicago & St Louis...100 6% preferred series A 100 115,800 New York Dock 15 172* xl7 112* 112* 112* Sale Sale 85* 102* Sale Sale 1324 1424 Sate 114 114 112 1123* 112 110 1102* 111 4 454 Sale 45* 6 624 554 ^ 20 Sale 21 1954 10 83* 924 Sale Sale 39 9 July July July July 94 72 162* July 16 72 1,260,900 q 300 13 24 52* 19 2* 75* 65* Sale 162 2* 133 2* 27 163 84 2524 85* * 29,900 Natomas Co Nehi Corp 8,900 6,600 Neisner Bros Inc 4 54% conv serial pref—100 1,310 10.000 Newberry Co (J J) — 5 % preferred series A. _ - -100 780 Newmont Mining CorpNew.10 3.900 1 146,800 Newport Industries Inc.. * 35,200 New York Air Brake New York Central — „ ol„,.N 26,800 1075* 67 96 161 14 1124 Highest Sale Prices 9 July 182* July 159 July 13 July Sale 94 Sale 1162* Sale Sale 9 ""62* Sale 7 824 1054 195* Sale 80 Lowest Sale Prices 125* 1654 55* 72* Sale 192* Sale xl7 Highest Sale Prices 4 Sale Sale Sale 11 Sale 20 166 J* 172 Sale 144 ---10 194.400 National Lead Co Sale Sale 15624 166 9424 19 2* Ask Sale 6 19 172 16 91 42* 145* 172* Lowest Sale Prices July 31 Ask Bid Bid 72* 92* Sale 22 152* * 97,000 National Cash Register.. 122* 40,000 National Cylinder Gas Co _ . -1 1624 National Dairy Prod Corp...* 382.225 7% preferred class A 100 11524 3.080 7% preferred class B 100 113 4,040 634 -* 43,100 National Dept Stores 6 6% preferred 10 19,660 242* 170,200 National Distillers Products..* 12 5* * 5,500 Nat Enamel & Stamping 115* 1 179,800 National Gypsum Co.. $4.50 conv preferred -* 91 3,100 . 1 Jan. 2 exchange Jan. 1 433,700 5,700 254,500 10,100 4,000 RANGE SINCE JAN. PRICES IN JULY Price STOCKS n. y. stock 37 EXCHANGE—STOCKS Feb. 18 6 25* Apr. 12 9 22 34 Apr. 16 2 5* Mar. 12 123* Mar. 4 105* May 13 5 623* Jan. 8 963* May 8 43* Jan. 44 3* Apr. 4 Feb. 17 25 Jan. 3 5 165* Jan. 121 May 18 4 2454 Jan. 2154 May 9 3 3854 Feb. 65* 63* 253* 37 34 June May May May May May May June May 13 21 22 21 22 28 18 10 25 9 Jan. 8 Apr. 9 Apr. 9 Apr. 24 Apr. 25 85* Apr. * 4 103* Feb. 2 40 '5 Jan. 2 70 June 11 85 13* 53* 1734 113* 15 34 Mar. 20 43* 13 34 3954 2934 47 Jan. Jan. 5* Mar. 11 4 1 38 N. T. STOCK AGGREOATE SALES Price STOCKS In Since July PRICES IN JULY Shares 5,800 N. Y. STOCK EXCHANGE 1*406 170 .14,606 300 400 900 200 Phillips Petroleum Phoenix Hosiery 100 50 810 800 60 1,150 250 3,410 18,450 1,720 10 200 • 400 220 8 100 Ask Sale Bid 140 112 46 30 Sale 4 Public Service Elec & •■300 23,800 24,500 100 3,300 2,200 700 55,200 - ♦ * * 4,800 6% preferred.. 100 54,300 5% conv preferred 100 88,700 Purity Bakeries * 6,900 Quaker State Oil Rfg Corp. .10 1,429,000 Radio Corp of America * 57,000 48 46% Sale 2% 40 m Sale Sale 171 Sale 6% 65 168% 5% 11% 40 19 32% Sale 17% a* 10% 1 13% Sale % 16% 13% 7% Sale Sale 14% 44% Sale Sale Sale 112% 125% 143 Sale w lliF 31% Sale J* Sale 9% 9 27 62% 115% 36% 20% 7% 83 77% 14% 78% 76% 15 18,200 800 1,700 5,500 2,300 3,500 700 1,600 500 60,600 2,000 11 Sale 11% 4% * *8" 100% Sale 6% conv preferred 23,200 Raybestos- Manhattan 253,500 Rayonier Inc 82 preferred 46,200 Sale 54% 440 740 1,840 10,000 3,400 128,100 12,000 600 ll",500 700 50 7,400 91,200 5,660 900 2,400 600 20 8,000 100 6,400 14,100 90 36,200 100 2,400 1,100 300 7,200 1,300 5,700 Reis 500 4,500 500 1,200 20,000 7,400 900 "3",600 2,600 4,400 30 6,200 3,300 1,800 4,700 600 900 5,300 80 80 1,000 300 1.400 50,000 » 6,400 400 2,000 60 28% Sale 50 _.__5 100 (Robt) & Co 1st pref_. 100 Stores Corp * 10 Remington-Rand Preferred 1 ..25 w w {Reo Motors Inc vtc 1 1,578 ,200 Republic Steel Corp _* 21 ,760 6% conv preferred 100 16 ,650 6% conv prior pf ser A__100 75 ,100 Revere Copper & Brass 5 Class A 9 ,900 10 670 7% preferred 100 2 ,090 5%% preferred 100 189 ,600 Reynolds Metals Co * 5%% 3 ,200 conv preferred- 122 ,900 Reynolds Spring Co_ 312 ,100 Reynolds (R J) Tob cl B Common 700 239 ,100 Richfield Oil Corp ,600 Ritter Dental Mfg . _ 100 1 _10 10 * * 22,400'Roan Antelope Cop Mines.ZI_ 31 ,600 Ruberoid Co capital stock 8 ,700 {Rutland RR preferred 83 ,400 St Joseph Lead 13 ,500 {St Louis-San Francisco 6% preferred 27 ,000 * 100 10 100 100 {St Louis Southwestern 100 Sale 4% 91 Sale 11% 12% Sale It* 29 81 51% 9% 87% 7% 39% 52% 7% il* 19 1 41^f 2* __* * 100 __* * * 169,700 Servel Inc 30,800 Sharon Steel Corp $5 conv preferred 1,100 102,700 Sharp & Dohine Conv preferred series A 10,000 73,800 Shattuck (Frank G) Sheaffer (W A) Pen Co 3,360 115,200 Shell Union Oil 5%% conv preferred 11,400 51,500 Silver King Coalition. 104,100 15,400 9,400 49,700 9,780 4,100 16,000 8,200 Simmons Co Simms Petroleum. 1 * * * Sale * * * 15 100 5 * _ ; Simonds Saw & Steel Co Skelly Oil Co 10 * 15 Sioss-Sheffield Steel & Iron. 100 $6 preferred * Smith (A O) Corp 10 Smith & Corona Typewr * * 46,200 Snider Packing 927,700 Socony Vacuum Oil Co Inc.. 15 101,800 South Amer Gold & Plat 16,900 Southeastern Greyhound L 86,100 South Porto Rico Sugar 8% preferred 980 For Footnotes see page 40. 1 5 _* 100 Sale 21% 18% 5% 6% 8% 7 Sale Sale Sale 9 Sale 16 91 55 Sale 7% 12% 19% 1% Sale Sale J* 2% 5% 70% 40% 9% 80 10% Sale 2% Sale 6% 11 Sale 8 Sale Sale Sale Sale 60 24 Sale Sale Safe Sale 20% Sale Sale Sale 25% 77% 55 Sale 19 72 17 15 18 4% July 21% July 6% July 23 30 1 4% July 21% July 7% July 65 July 16 65 30 30 17 16 170 July 5% July 7 July 20 July 15 July 25 July 10 July 151% July % July 16% July 13% July 7% July % July 6% July 9 July 15 172 27 5 19 30 July 6% 7% 20% 15% 32 22 11% 3 151% 29 % 17 22 14 3 17 17 12 8 July % 8 10% July 26 July 17 July 31 July 17 July 30 July 17 July 30 July 3 July 3 July 8 July 20 July 16 July 3 July 5 July 30 31% July 65 July 116% July 37% July 109 July 123% July 61% July 114% July 35% July 10% 80 90 55 Sale 85 Sale 52 55 Sale 52 55 7% 5 5% Sale 3% 13% % Sale 28 Sale % % 2% 4 1 % Sale 4% 5 Sale 8% 8 20 Sale 5% 6 3% 3% 14% 15% 1 % 33% Sale %6 Sale % % 3% 4% 7 July 46% July 57 July 1 25 116% July 25 21% July 3 7% July 13 24 29 26 1 85% 76% 11% 11% 5% % Sale % fie 13 13% 1% o 1X 10% Sale 10% Sale 61 51% 3% Sale 42% Sale 4% 5% 36 36% 8% Sale 5% 35% Sale 101% Sale Sale 2 Sale 18% 2% 35 8% 8 57 July 103 21 110% 19 126 8 143 10 115 53 100 June , _ Sale Sale 9 31 2 1 June 28 July % July %6 July July 8% July July 52% July 8% July 5 July 3% July 15% July % July 33% July Vie July % July 37 June Vie At 12% 1% 71 % 9% 10 July July July July July July July 3% July 42 July 4% July 34% July z8 July 100 July 23 20 4 13 13% 15% Sale 13% 77 88 90 80 109% 112 110% 112 110 13% 11% 12 13% Sale 7 7% 6% 7 7% 17 15 16% 17% 15% 8% Sale 8% Sale 8% 1% Sale 1% Sale 1% 12% 11% 12% 12% 12% 18 19 19% Sale 17% 135 153% 134 145 134 July July July July July July July July July July July July July July July 44% July July 22% July 10% July 71% July % July 2% July 40 July 114 July 104 July 106 % %6 13% 1% 77 3% 43% 5% 35% 8% Jan. 30 34 25 96 31 31 31 2 26 5 27 27 May May 17 May 7% May 64% July % Apr. 2% May 34 May 107% June 101% June May 1% May 61% May 3 31 11 8% June 8% May 52% May 6 3 May 19 42 July 6 26 30 18 17 16 July 30 2 July 25 23 July 24 15% July 30 90 July 31 110% July 12 13% July 31 7% July 30 17% July 30 8% July 6 1% July 1 12% July 30 20 July 3 138 July 26 June 20 Jan. 4% May 34 May 7% 95% 3% 12% 1% 17% 12% June June May May May May June May May 10% May 5 May 67 105 15 June 7% May 1% July 10 May 16% May 128 May 3 8 Mar. Jan. 9 13% Feb. 10% Jan. 57% Apr. 9 3 8 Jan. 4 12 69 Jan. 5 2 Apr. 4 Jan. 3 23% 95 Apr. 80 May 9 3 14% Jan. 9 30% Apr. 92 Apr. 17 8 61% Apr. 15% Feb. 20 96% Apr. 8 11% May May 2 June 17 44 42 % May % May July July July July July 103 July 4% July 9 3 June 17 10% July 10% July Feb. Feb. June Jan. 9 May May 22. May May July May May July 30 9 July July 30 July July 3 52 2 4 3 3 32 % Apr. *16 July Mar. 29 Apr.— 2 13 8 6 May 14 May 70% May 60 May 7% May 17% July 2 Jan. Feb. 1 27 17 Mar. 12 55 7 x37 % June 50 May 28 5% 4% 3% 11% Jan. May 23 6% May 21 8% May 21 6 May 22 80 7% July 34% July 52 July 7% July 5 July 3% July 13% July % July May 9 Apr. 26 Jan. 5 36% July 9 23 Apr. 4 29% May 3 37% May 4 17% Apr. 8 26% Apr. 10 19 June July 10% July 8 Jan. 3 2% June 20 15% May 22 13% May 21 24 May 28 9% May 28 8 19% Tune 17 May 22 1% May 21 24% May 23 May 18% 92 3 July July 30 July 18 July 31 July 31 July 26 9 7K Apr. 3 90 Apr. 15 69 Apr. 8 8% May 75% May 6% May 1 % 5 Feb. Feb. ilH June 6 Jan. 11* May 4% May 90 Anr. 48% May 34 4 Mar. 25 32% Jan. 11% May 11 70 14% 1% Sale 118 7.3 % May 39 4% Sale 16 15% 1% Sale 24 6 145 May June 84 16 40 May 22 165- May 16% May 7 1 July 9 July July 23 July 31 July 30 July 31 5 July July 30 July 26 July 11 July 30 July 31 8% July 48 July 12% 5% % 6% 6% 6% 4 76 44 22 15 42 July 8 % July 80 July 45 Sale 3% 36% 17% 17% 30% 13% 19 7 151% % 9 10 4 44 Sale 61 3 5 10 42 105% Sale 22% Sale 10% Sale Sale 10 56% July 4% 16% 78% 9% 17% 7I^ 13% 1% 26 167 112% 30% July July July July July 7% Apr. 10 4 Apr. 4 Apr. 4 May 6 June 10 176 May 10 May 15 8% Jan. 2 Jan. 4 May 15 11 May 22 34% Apr. 25 May 21 19% Apr. 8 May 21 37 May 10 May 21 16% Apr. 8 July 3 151% July 3 1 % Mar. 12 Feb. 14 May 28 22% Feb. 9 15 Jan. 6 Jan. 13 May 21 12% Jan. 4 May 29 2% Feb. 27 8 July 5 July 17 14% Jan. 3 May 21 14% Jan. 3 May 21 May 21 42% May 9 June 5 71% Apr. 16 2 May 22 118% Jan. 8 June 10 43% Apr. May 21 115% Jan. 11 Apr. 20 May 22 128 % July 16% July 83 July 69% July 7% July 17% July 40% July 100% July Sale 20 July Sale 8% July Sale 65% 64% July Sale %6 % July 3 3 2% July 42 39 40 July 114 107% 113% a:112% July Sale 104 103 106 July Sale Sale %« 12% 1% 72% 9% 9% 43% 3% 42% 5% 34% 8% 99% 4% 15% 1% July July July July July 11 July 11 July 4% July 18% 7% 85% 75% Jan. 27% May 22 41 % 2% May 24 6% 36 ' May 28 66 10% 7% May 22 22 May 29 28% 35 May 21 49% Feb. 10 110 1071 7 3] May 22 16 May 24 27% 5% May 24 9% 64% May 22 80 154 May 6 154 30 19 8 11 77% 44 Sale Sale 19% 2% 16 19 35 110 Sale Sale 1% 1% 17% Sale 90% Sale 78% Sale 9 Sale Sale Sale 6% 9% July 24% July 49 July 10% 8 Sale Sale 72 111 II* 25% 20 7% 36% 41% 100% 20% 8% 64% % 2% 39% 50 52% 6% Sale 37% Sale 12% Sale 105% 107% 7 6% 22% Sale 2% 2% 144 29 8 8 Sale Sale 16% 10% 20% 12% 2% Sale 2 3 1% Sale 16% Sale 103 20% 19 13 Sale Sale 112 37 17 17% 83 Sale 22 36% 30 69% A* 1 26 13 2% July 36 July 16 July 15 July 28 July 11% July 21 July 17% July 2% July 28% July 6% July 7% July Sale Sale Sale July 53% July Sale Sale 84% 53% 9% 2% July 23% July 48% July Sale 70 % 4% 48% 53% 3 May 21 97% May 9 Jan. 23 136 Jan. 23 3% May 18 30 Sale 55% Sale a* 14 11% 4% Sale 57 Sale % 1% 18% 2% 85% 15% Sale 11 48 * 585,800 {Seaboard Air Line 4-2% preferred 33,700 30,900 Seaboard Oil Co of Del 11.600 Seagrave Corp (The) 311,800 Sears, Roebuck & Co__ Sale 49 20% 114 87% Sale * 5 100 $4.50 conv preferred $4 preferred Sale 57 118 ,200 Savage Arms Corp 154 ,300 Schenley Distillers Corp 15 ,800 5%% preferred * Sale 46 Sale 100 19% 7% 84% 76% 11% 54 Sale 70 7% 68 69 47 4 22 Sale 16% 23 90 Sale 7 15% 28% 11% 13 1H Sale 30 3 July 2% July • 135 4% 37 Sale 37% 6% 104 {Schulte Retail Stores 8% preferred 26 ,200 Scott Paper 49 36 16 33 _* 161 ,000 34 ,600 Sale 43 64 33% July 31 65 54% 38 12% Sale 11 3 68 136 116 Sale Sale 19 100 100 " "24% 145% 171% 176 5% Sale 8% 7% Sale 20 22 22% 15% 15% Sale 25 30 31% Sale 10% 11% 151% 1% % Sale 17 16% Sale 12% 15% 7% 7% Sale % % 7% Sale Sale 10% Sale 11 9% 9% 30 31 29% Sale 64% Sale Sale 114 116% Sale 36% Sale 109% 108% Sale 17% 2% 12 23 9 24 Sale 21 10% 51% 19 4% July 3 60 23 9 79% July 15 50 38 75 27 8 Sale 19 21% 3% 3% 12 3% July 38 27 32% 2% 23 Sale 25 240 5% preferred 155 ,700 Safeway Stores. 36 ,350 5% preferred 1 ,540 200 16% 1 Reliable 1 ,840 500 28 50 50 Reliance Mfg Co 209 ,100 40 1,100 "20% 420 Rensselaer & Sara RR Co-.lOO 390 8,500 19% 18% 25 Preferred 1 ,500 7,800 4,500 2,300 8,500 * 49,900 Reading Co 6,200 4% 1st preferred 10,000 4% 2d preferred 9,100 Real Silk Hosiery 70 2% 100 74% July 4% 49 65 60% __1 Highest Sale Prices 136 3% 1W 88 Sale Lowest Sale Prices 107 107% July Sale 121 Sale 122 120% July 134% July 136July 132% 143 134% 140 -55- 156%1*5^WF-~8 156% July 4-1-53%- 157 '%' ±J 87 14 78% 77% _____ Sale Highest Sale Prices Sale tRadio-Keith-Orpheum Corp New Ask 112 4% 4 19 * 85 preferred B 83.50 conv 1st pref 400 "5",660 * 645,100 Pure Oil 9 24% Sale Gas—— l-j-Q-OO ::f 366,100 Pullman Co. 35 Sale ~ • 27 31% 2% Sale 49% Sale 125 3% Lowest Sale Prices July 31 Ask Bid 135 52,600 Poor & Co class B ___* 90,600 {Porto Rican Araer Tob cl A_* 1% 9,200 Postal Teleg Inc pref * 461,000 Pressed Steel Car common—1 14% 14,700 5% conv 1st preferred 5 14% 7,500 5% conv 2d preferred 50 43% 142,600 Procter & Gamble * 65% 6,970 Preferred 5% 100 118% 145,300 Pub Serv Corp of N J com...* 40% 15,800 $5 preferred * 112 7,500 6% preferred 100 125 3,600 7% preferred. 100 141 4,300 8% preferred .100 161 : 77% 4% Sale 25 42,900 5,500 Pond Creek Pocahontas Co..* 400 8,000 1,500 1,200 10 11,500 1,400 430 pref 2% 43% 5% 100 .24% 8" * 70 * Pitts Ft Wayne & Chi Ry.,100 7 % guaranteed pref_ —100 167 Pittsburgh Screw & Bolt * 8% Pittsburgh Steel Co * 10% 31 7% preferred class B—.100 18 5% preferred class A 100 29 5%% 1st ser conv pr pf__ 100 Pittsb & West Virginia 100 15% Pitts Y & Ash Ry 7% pref. .100 Pittston Co (The) * Plymouth Oil 5 20 125,000 19,700 3,950 5,220 9,600 100 Pillsbury Flour Mills 20 50 7,100 """600 18* 25H 9,100 6% preferred 25,200 Pitts Coke & Iron Corp 1,930 $5 conv preferred 1,100 36,100 -.5 Preferred Pierce Oil 8% conv Bid 41% Pirelli Co of Italv Am shares 70 Pitts C C & St L RR Co 100 30,100 Pittsburgh Coal (of Pa) 100 "l",206 3,400 2,600 9,200 100 Preferred 198,000 12,700 2,370 35,800 13,500 1,210 1 1940 July 1 '* Par 72,200 Philip Morris & Co .10 100 5% conv pref series A—100 26,100 Phillips Jones Corp * " RANGE SINCE JAN. Jan. 2 Jan. 1 Shares EXCHANGE-STOCKS 10 54 8% Jan 8 3 Jan. 3 Feb. 27 22% Apr. 1% Feb. 4 ,1* Jan. 9 3 % Jan. 2 Jan. 3 5* May 10 4% May 18 53 Mar. 14 111% Mar. 28 31% Apr. 26 14% Mar. 27 85% May 9 2 % Jan. 7% Feb. 21 49 Jan. 4 115% Jan. 11 Feb. 27 109 Jan. 2 1% Jan. 2 Jan. 3 20 2% Mar. 88 Apr. 16% Jan. 15% Apr. 59% Apr. 5% Jan. 56 Apr. 7% Mar. 40% Feb. 13% Jan. 108% Feb. 6% Jan. 24 Jan. 25 6 ll 9 12 11 5 13 13 4 7 10 3 2% Apr. 29 25 Feb. 19 23% May 10 Apr. 8 May 6 Apr. 5 120 114% 18% 11% 24% 12% 2% 16% 30% 152% Jan. 4 Feb. 9 2 Jan. Mar. 11 Jan. 3 May 10 Apr. 23 N. Y. STOCK August, 1940] AGGREGATE SALES In 1940 Jan. 1 4,900 700 10 1,000 20,600 4,000 180 17,100 630 25,500 35,200 7 prior 417,500 413,300 743,700 15,800 61,200 27,500 24,000 69,700 600 600 LQ0. „ - 10,825 3,900 2,700 400 1,400 4,700 28,100 2,600 10,400 5,600 7,400 300 1,200 200 800 150 1,900 110 13,600 300 4,600 1,000 300 13,800 400 10,500 4,300 7.900 17,600 500 5,500 900 2,000 200 4,900 1,800 400 190 1,500 3.400 206,200 34 Sale Sale Sale 25 52% 10% 60 Sale 33% 19 Sale 315* 15* 4 5* 335* Sale Sale 70 63 185* 16 3* Sale 26 Sale 513* 65* 533* 323* Sale 6 103n 2% Sale Sale 20 Sale 25% 26% 44% 33% Sale Sale Sale Sale 183* 225* 28 68 50 Sale Sale Sale Sale Sale Sale 122 Sale 5 8% Sale 53* 1 5 Sale 4 5* 115* 9% 56% Sale Sale 58 122 122% 9% Sale 100 10c —* -1 100 10 (The)—50 27% Sale 2% Sale 16 J* 17 295* Sale 7 8% 25 -22% Sale. 32 Sale Swift & Co.. Swift International Ltd 85* 6 5* Sale 15 15* 11 115* 225* 235* 4 63* 195* Sale 175* Sale 8% Sale 6% 7% 5% Sale 34% Sale stock Texas 4% Sale Sale 4 Sale 83* Sale 6% Sale 125* Sale 165* 17 50 % 50% 3% 5 32% 36% 4% Sale 4% 6% 445* 3% 32% 5 5 25 Corp (The) * * 10 Texas Pacific Land Trust ----1 Texas & Pacific— 100 Thatcher Manufacturing * $3.60 conv preferred * The Fair Co * 5,800 7% preferred 100 2,800 Texas Gulf Producing Co Gulf Sulphur. Texas Pacific Coal & Oil Texas 1 Thermoid Co— 95,400 $3 dividend conv pref 4,940 Third rvvenue Ry 168,300 18,900 Thompson (J R) 144,090 Thompson Products— Thompson Starrett 49,100 •>3.oU preferred 15,900 Tide Water Associated 431,400 Tran & 28 38 5* 5* 30 % 6,100 18,200 23,000 100 3,900 6,100 700 200 2,400 59,600 31,700 1,300 80 1,700 1,100 38,500 II,900 7,600 600 500 3,200 2,300 9,200 26,100 2,300 4,000 500 110,800 jUlen & Co Underwood 42.900 155* Sale 1334 July 16 5* July 183* 243* 333* Sale Sale Sale 223* July 323* July 30 Sale 29 653* 6 5* 53* 66 Sale Sale 65 5* July 143* 1 Union 750,600 Union 328,400 1 Union 3,290 'Union 84,600 77,300 * 10 * Sale 8 6 5* 485* 125* 75* 23* 75 * 10 45* 93* 125* 243* 25* 245* 105* Corp.* * * 100 1 45* Sale Sale 3 Sale Sale 8 Sale r Sale 85* 9 405* 35 25* 25* 31 30 3 5* Sale 415* 43* 423* Sale Sale 8 Sale 18 Sale 78 57 Sale 31 3* 15* 11 9 5% 15* 6% 15* 76 4 4 5* 6 Sale 115* Sale Sale 25* 28 Sale 75* Sale 21 2 6 3* 16 5* 13* 155* 73* 6 Sale Sale 45* 42 4 5* 4 5* 325* 19 Sale 95* 700 200 100 5,400 1,100 1,200 25.800 3,200 2,100 1,600 100 95 Sale 78 * 235* Sale 47 Sale 165* 155* Sale Sale | Union Tank Car 60 .>0 U 74,500 3,600 U U U U 45* 100 5 5 preferred Alchol U S Leather Co. ' _ Class A Prior preferred U S Pipe & Foundry 66,700 U S Playing Card 16,400 5 Sale Sale 34 * 353* 855-s * *. f Sale 145* Sale 1165*. Sale/ 115 1 'l\% 55* Sale 65* Secur Corp...* $6 1st preferred * S Distributing Corp pref. 100 S Freight * S Gypsum Co 20 7% preferred .100 S Hoffman Mach 5 conv Sale 5 S & Foreign 5 5*% 185* Sale 59 Paperboard Co.._.«.10 U S Industrial Sale 5 10 preferred Sale 175* 23* 395* United Merch & Mfrs Inc vtc.l United 875* 1145* 116 — 8,100 6,000 25,400 92,200 1.850 19,000 1,400 89,200 40,400 1,500 1,700 1,300 123*. United Aircraft Corp 5 United Air Lines Transport. .5 1,187,800 United Biscuit of America * 24,900 Preferred 100 1,540 United Carbon * 22,300 United-Carr Fastener Corp * 8,400 United Corp * 832,300 ,ji3 preferred — * 134,400 United Drug Inc 5 • 115* Sale Co 24 12 18 38 5* 27 563* 7 555* 25 33 3* 6 5* 1 11 1053* 2 17 43* 26 153* 29 185* 25 1 1 5 5 Sale 815* 83* 105* 853* 79 75* 95* 845* 175 4% 181 Sale 50 30 31 * * 24 Sale ^ 11 65* 65 100 20 10 * 36 34 15* 403* 1125* 65,000 JU S Realty & Impt U S Rubber Co 10 725,300 8% 1st preferred 100 88,800 U S Smelt Ref & Mining—50 27,000 Preferred ^ *-50 12,200 62 685* 1 40. 6J* May 21 8 May 21 135* May July 15* May 33* June 63 July 143* May 33 May 19 May 455* May 4 3* May 46 May 265* May 5 May July July July July July July July July July July July July July July 29 8 16 16 31 11 31 31 2 30 2 11 19 253* July 30 693* July 7 3* July 1 55* July 12 8 5* July 24 7 July 22 505* July 12 July 3 124 8 July 1 153* July 15 13* July 3 13 3* July 23 25 July 2 43* July 11 25 203* July 18July 26 11 17 17 16 30 26 9 6 22 1 11 10 17 3 31 2 31 18 11 6 21 17 21 12 29 29 21 21 28 22 22 23 21 June 10 31 31 35 5* July 30 July 95* Sale 24 5* 43 5 17 5* 53* 1% 563* 63* 6 5* 155* 13* 165* 7 5* 65* Sale 705* 68 5* 112 73 5* Sale Sale Sale 123* Sale 76 79 July 4 34 315* 15* , 113* 87/s 86 Sale 22 5* Sale Sale 413* Sale 65* Sale 695* 1654 53* 13* 695* 3 5* 63* 4 3* 85* Sale 165* 2 17 Sale 6 14 5* 13* 16 July July July July July July July July July July July July July July July July July July July 7 5* July 5* 5i6 253* Sale 103* Sale ,675* Sale 1165* 112 123* 125* 78 Sale 77 Sale 16 July July July July July July July July 155* July 245* July 263* 25 313* July Sale Sale 153s July Sale Sale 1334 July Sale 133* 14 5* 1125* July 111 1123* Sale 49 Sale 455* July 455* Sale 13 July 13 5* 135* 145* 143* 1 5* July 2 Sale 2 5* Sale 32 % July 33 3* Sale 35 Sale 4 July 4 5* Sale 4 5* Sale 2 % 23* July 3 Sale 3 40 July 4034 Sale 415* 45 3% July 4 Sale 35* Sale 293* July 293* Sale 295* 30 5* 615* July 63 34 Sale 62 5* Sale 115* July 12 Sale 12 3* Sale 113 July 113 113 5* 113 5* Sale 75* July 7 5* Sale 93* Sale 3 5* July 35* Sale 35* 4 24 3* 33 h 17 5* 4 75 53* 73* 54 172 5* 35* 24 17% 4 5* 7 45* 83 7 Sale Sale 175 4J* 28 Sale 45* 8 483* 253* Sale Sale Sale Sale 51 70 64 Sale 123* 83 5* 155* 255* 37 5* 175* 14 5* 553* Sale 29 305* % Sale 193* Sale 773* 795* Sale 115* 715* 113 55* July 393* July 3 5* July Sale 4 3 5* July 18 1 25 1 22 11 3 9 12 6 10 1 31 1 17 2 2 July 22 5* July 4 3* July 90 88 24 30 14 12 Sale 655* 4 78 6 3* 8 65 175 4 3* 43* 83 75* Sale Sale 1785* Sale 27 3* 35 Sale Sale 7 3* Sale 4S 59 5* 263* Sale 335* Sale 183* 4 3* % 205* 80 49 62 3 5* July ' 82 554 6 5* 533* 173 5* 35* 255* 175* 4 63* 50 2434 30 '3* 5* 185* 813* 503* 74 5* , Sale Sale 6 5* July 5 54 July 483* 62 July July July July July July July July July July July July July July July July July July 43* July 2 5* July 32 5* July 65* July 4 July 7 July 9 54 July July 40 23* July 30 July 3 3* July 24 3* 6 4 3* 15 10 12 3* 9 3* 9 88 5* 25 243* 433* 5 5* 185* 3 1 25 20 10 11 2 16 20 12 22 3 23 July July July 34 3* July 13* July 6 15* 71 4 5* 7 63* July July July July July July July July July July July July July 17 July 134 July 17 5* July 7 5* July 98 1 May 18 22 95* May 25 125* May 21 2 5* May 17?* May 22 20 3* May 28 29 5* June 1 May 21 May 21 45* May 15 45* May 20 23 56 5 5 3* 47 1185* 75* 125* 15* 95* 20 3 xl73* May Jan. Jan. Jan. 6 3 3 3 39 Jan. 3 May 4 8 7 Jan. 5 72 May 14 233* Apr 11 Feb. 9 Apr. Apr. Jan. Apr. Apr. Apr. Apr. Jan. Jan. Jan. Jan. 3 2 3 9 10 6 9 4 8 9 8 265* Jan 29 Apr. Jan. Apr. Jan. 4 4 5 11 3 15 2 5 47 383* 575* 115* 665* 405* 7% 1085* 23* 75* 185* 223* 465* 345* 803* 85* 85* 123* 123* 655* Feb. Apr. Jan. 21 Feb. 21 21 May 4 24 Feb 13 29 124 105* Jan. 20 15 5 21 275* Jan. 25* Jan. 3 21 17 5* Apr. 4 22 21 353* Feb. 28 75* Mar. 26 22 29 245* APP. 22 325* Jan. 25 June 10 May May May May May May May May May May May 17 3 305* 153* 205* 345* 4 3* May 3 3* May 31 30 17 3 May 22 5* May 14 May 25 25* May 21 265* May 23 55* May 22 3 3* July 11 5 May 22 8 May 21 365* June 27 25* June 11 16 31 16 3 30 16 1 29 20 27 6 10 16 1 8 17 30 15 22 s 29 20 16 9 5 12 15 9 31 19 12 2 18 30 31 21 22 45* May 21 285* May 20 4 33 30 3 20 June 19 May June,, 1 15 5 2 3* Feb. 5 4 Jan. 2 25 3* May 28 1 8 May 18 May 21 8 3* May 28 81 May 28 18 May 21 35 5* May 4 54 May 105* May 4 5* May 15* Miy 695* July 3 5* May 65* May 5 May 14 May 15* May 13 5* May 65* May 21 21 21 22 22 11 21 22 21 22 22 22 23 93* Jan. 3 73* May 3 6 Apr. 11 40 Mar. 5 53* Mar 7 473* 45* 353* 83* 63* 125* 185* 53 4 5 Mar. 21 Apr. 4 Apr. 4 Apr. 11 Jan. 8 Jan. 4 Jan. 8 Jan. 8 Mar. 21 Feb. 16 425* Feb. 16 53* Mar. 8 34 Mar. 7 75* Apr. 8 53* Apr. 22 385* Apr. 16 25* Jan. 4 23 Jan. 27 12 May 6 97 May 10 275* Apr. 24 52 Jan. 3 7 Mar. 14 215* 85* 23* 825* 53* 105* 135* 255* 35* Apr. Apr, Jan. Mar. Apr. Apr. Jan. Jan. Apr. 30 Apr. 135* Mar. 4 4 4 7 15 24 4 23 4 4 14 15* Jan. 11 ys June 28 1 Feb. 19 215* June 10 45 6 9 54 May 21 183* Apr. 22 31 883* Jan. 4 59 5* June 10 31 2 May 27 1165* May 16 105 8 175* Jan. 12 May 21 8 98 Apr. 8 70 June 10 July 31 895* Feb. 10 74 June 5 July 22 16 July 13 155* July 24 July 13 295* May 11 22% Jan. 11 July 23 533* Apr. 16 315* July 3 July 31 23% Apr. 4 12 May 21 July 5 18 Apr. 17 125* May 28 July 30 119 Feb. 23 July 1 1105* June 20 653* May 2 425* May 23 July 17 195* Apr. 5 12 May 24 July 8 2J* Apr. 4 1 3* May 29 July 1 42 Feb. 13 265* June 11 July 5 75* Apr. 11 3 3* May 28 July 19 6 Mar. 13 2 5* May 22 July 17 655* Mar. 14 40 May 22 July 12 53* Jan. 3 2 5* May 21 July 3 35 Jan. 3 255* May 22 July 10 855* Jan. 3 60 May 21 July 19 15 Jan, 6 105* May 22 July 5 6 1175* Feb. 24 July 29 1075* June 133* Mar. 12 6 June 10 July 31 75* Apr. 10 3 May 21 July 31 3*6 July July July 3 713* July 1 113 54 July 13 July 2 15 9 25 27 12 3* 83 3* 1 18 79 16 24 26 3* 3 3 38 25 17 5* 15 8 1 113 1 49 5* 14 22 2 5* 20 25 355* 4 3* 2 3 5* 23 44 31 4 12 24 30 65 5* 10 12 5* 29 2 113 3* 95* 1 3 5* 23 4 3* July 26 82 July 6 7 5* July 10 85* July 29 2 65 5* July 6 17634 July 4 3* July 17 26 July 17 1834 July 1 4 5* July 22 7 5* July 11 50 July 27 10 26 5* July 2 33 34 July % July 6 22 205* July 15 79 5* July July 27 51 655* July 27 . For footnotes see page 23 5* May 22 16 17 31 31 3 15 July 63 11 9 8 373* July 2 5* July 305* July 55* July 3 34 July 6 5* July 85* July 37 July 2 34 July Sale 305* 32 3 5* 33* 23 5* Sale 5 3* Sale 4 5* Sale 333* Sale 13* 15* 5* 165* United Gas Impt 315* July 25* July 45* July 5 23* 26 5* Sale United Fruit.. 17 1 29 29 2 3 2 6 July July 125* July 193* July 9 3 5* July 42 38 Sale Sale Coal Cos United Eng & Foundry 28 July 43* July July 35* 33* 55* Sale 395* Sale 23* 3 315* Sale % Sale 26 88 200 30.000 70 Sale Sale 114 707,700 100 300 Sale Carbide & Carbon.----* United Electric July July July July July 53* Sale 75* 105* 23 865* 2,560 61,200 16,100 109,000 487.000 8,700 100,700 69.900 July 5 34 3 5* 6 9 853* 303* Sale 183* Sale 905* Sale Sale 395* 125* * Bag & Paper Dyewood July July July July July July July 17'5* "July 173*' Sale Sale Sale Sale Sale 4 3* 32 3* 13* 135* 95* 92 29 4% preferred 100 20,100 lUnion Premier Food Stores Incl 1,300 1,000 10,700 1 Fisher—* Preferred July 15* 113* 22 3* 45* 18 % 6 4 19 July 14 153* Sale 13* Sale 123* Sale 243* Sale 4 6 Elec Co of Mo $5 pref.. * Oil, California 25 278,900 United 22,200 Sale Sale 122 Sale 4 5* 6 2 5 1 72.900 53* 4 3* 7 5* 6 3* 483* 1215* 7 5* 6 Sale * [Union Pacific RR 18 Sale 23 5* 4 5* 305* 2% 175* 105* 905* 23 5* 505* * Elliott July 15* July 3 3* July 17 5* ■ 2,20^ July 105 Sale 6 Sale * $1.50 preferred 20,500 Twin City Rapid Transit 18,100 Preferred 2,630 Twin Coach Co 198,700 35* 53* 2 6 5 45* 42 29 4 25 * * Williams Steel Forg__* 14,300 Tri-Continental Corp 125,000 .56 preferred ... 3,400 Truax Traer Coal 28,100 Truscon Steel Co 3,600 20th Century Fox Film 158,000 55* 4% 45* 35fc 10 100 Oil.. 10 262.500 $4.50 conv preferred 14,800 Timken-Detroit Axle Co 261,500 Timken Roller Bear 87,500 Transamerica Corp. 192,300 Transc & West Air Inc 6 1 25 24 23 ' purchase warrants—1 72,800 Without warrants 1 48,100 Talcott (James) Inc ---9 6,400 750 482,500 86,400 129,100 68,800 84,700 11,800 14,600 2.000 4 7 5* 145* 15* Symington-Gould Corp with 23,800 Telautograph Corp Tennessee Corp 77,200 Sale Sale 1053* 107 15* Sale 30 Sale 54 Sale 57 6 5* Sale 80 27 32 Sale Sale 33 1005* 104 15* Sale 45* Sale 14]* Sale 173* Sale July 35 July 245* July 53 July 63* July 52 July 30 July Sale 533* 6 5* 56 5* 53 63* Sale Sale 2% 6% 16 % * July July 185* 373* 6 1 * 4 63 17 101 % * --10 Webster Sweets Co of Amer 93,025 Sale 35 Sale 45* 85* July 10 J* July 17 5* July 31 July 13* July * Superheater Co (The) Superior uil Corp Superior Steel Corp Sutherland Paper Co 50,200 97,000 33,000 35,400 26 3* July * (The LS) Highest Sale Prices Sale 22% Sale 163* 363* Sale Lowest Sale Prices Sale 5< 20% 45% Ind 25 Standard Oil of New Jersey .25 Starrett Co 15* 3/2 62 69 65 * Standard Oil of California 6% preferred 2,480 Sunshine Mining Co 105,300 370 315* Standard Oil Co. of Scone & 2,700 9,600 1,700 39 * 287,500 Studebaker Corp 1,170,600 Sun Oil35,800 4,300 Sale Sale 73* Highest Sale Prices Sale Sale 345* 2H 7 Ask Sale Sale * preferred Sterling Products Inc 96.400 Stewart Warner Corp 115,900 Stokely Bros & Co Inc 4,000 7,300 2,400 19,600 27,700 2,600 18 5* 20 37 Bid 27% 85* 1134 * 86,100 Standard Gas & Electric $4 preferred 191.700 $6 prior preferred 32,200 177,100 11 Sale Sale * 1,027,700 Standard Brands $4.50 preferred 14,200 200 5,000 9,100 I,200 7,400 Ask Sale Sale 295* 14 3* 5% preferred 100 245,400 Mobile & Ohio certife... 100 1,300 * 93,200 Sparks Withington 1 4,000 Spear & Co $5.50 pref * 180 12,200 Spcucer Kellogg & Sons—-—* 1 356,200 8perry Corp (The) v t c * 63,200 Spicer Mfg Co $3 conv preferred A— * 6,830 2 238,300 Spiegel Co Inc Convertible $4.50 preferred * 8,500 1 100,900 Square D Co class B 200 273* 85* Ask' Bid Bid 726,400 Southern California Edison..25 * 602.200 Southern Pacific Co -* 330,500 Southern Railway 7.000 24,500 26,200 23,400 Lowest Sale Prices July 31 July 1 Par Shares Shares 1 Jan. 2 EXCHANGE N. Y. STOCK Since July RANGE SINCE JAN. PRICES IN JULY Price STOCKS 39 EXCHANGE—STOCKS 1 8 6 29 31 31 24 31 22 31 9 15 27 31 31 1 31 2 1 8 3 5* May 80 Jan. 25 15 5 May 18 55* May 22 50 165 June 14 35* 6 50 2134 27 5* 5* 15 685* 395* 60 89 Jan. 25 May 23 1825* May 14 65* Mar. 9 21 323* Mar. 11 July 17 28 Apr. 25 May 2i 73* Apr. 23 May 21 123* Apr. 23 May 21 74 May 4 May 21 385* Jan. 4 June 11 39 Apr. 1 June 14 13* Jan. 5 May 3 413* Jan. 3 May 21 Apr. 11 May 22 117 65 Jan. 4 May 23 May 22 703* Jan. 11 2 3* May 255* 10 75* Jan. 3 May 11 103* Apr. 11 103* Jan. 3 97 N. Y. STOCK EXCHANGE—STOCKS 10 AGGREGATE SALES Price STOCKS In July Shares 155,700 6,100 3,000 800 300 400 30 40 1,700 24,200 1,040 428,600 18,300 1,160 19,200 180 18,300 1,500 120 800 1,900 1,400 100 600 840 30 1,300 1,300 600 1,100 500 13,800 5,500 500 4,300 200 700 1,500 2,000 1,500 500 1,500 400 440 560 1,160 700 1,400 Vadsco Sales Corp Preferred Vanadium ~ 6,100 18,500 28,400 35,300 6,500 185,500 48,800 14,300 9,500 Van Raalte Co 55 117% 118 6% Sale 44% 45 33% 35 Class B conv preferred 1% 1% 6% 20% 95% 5% 33% . 47 * 1% 6 * * Washington Gas Light Co.-No 120 1,800 1,300 2,900 30 760 5,100 10 200 1,200 16,000 30,600 9,700 300 1,200 300 32,000 8,100 8,200 1,000 "a, 700 28,500 11.600 70 900 400 150 2,200 700 22,300 20 2,900 30,500 300 2,700 3,600 1,300 115 6% 12 38% Sale 33 75 122 82 1% Sale 33 1% Sale 6% 9% Sale 26 Sale 2% 15% West Penn Pow Co 4% % Pf 100 West Virginia Pulp & Paper. _* Sale 105 115 Sale 10 4" 100 7 72,500 Youngstown Steel Door 87,400 Zenith Radio Corp 93,800 Zonite Products Corp a Deferred delivery, r 4% Sale 1 26% 27% 110% Sale 136 138 U4U Sale Sale 37 Sale 30% 38% 70 Sale 95 31% Sale 90 110 68 70 9% 12% 10 Sale 6% 6 4% Sale 36% 33 20% Sale 3% 1% 3% 5% Sale 52 Sale Sale Sale 20 7 20% 94% 98 3 % Sale 25 Sale 12% Sale ~""4'% 4"% 1 1% 15% Sale 2% Sale 27 35 Sale 103 24% Sale 18 99 ¥y* 70 69 94 Sale 97% 22% 93% 60% Sale it* 22 21% 93% 105 8% 5% 4% 5% 5 35 8% 32 45 35* 18% 21% 19 ¥4 2% 4% 2 Sale 1% 2% Sale 55% Sale 107 Sale 16% July Sale 19% July Sale 89% July 133 121 July Sale 29% July Sale 32 % July Sale 33% July 75 65 July Sale 90 July Sale 20% July 106 98% July 65 58 July 8 8% July Sale 8% July Sale 6 July Sale 4%. July 45 40 July 20 20% July Sale 53 55% Sale" Sale Sale 26% 33% Sale Sale 72 70 64 47 60 60 35 32 33% 46 41% 40 43 Sale 93 100 80 Sale 79 18 Sale * 1 Cash sales, 30% July 16% July 65 34% 43% 23 % July Sale 74 70 87% 85% 24% Sale 18% Sale 115% 117 11% Sale 46% Sale 84 27% 16% 2% z 89 Sale 16% Sale Sale 115 Sale Sale 33% 46% Sale 100 41 104 93% Sale 78 17% Sale 17 13 112 Sale 11% 124 111 10% Sale 32% Sale 8% 30% 80 82 90 80 15% 10% 2% 16 K 19 Sale Ex-divldend. Sale 2% u 11% Sale 2% 2% Ex-righta. 61 59 June 12* 5 112 May 21 5 20 24 24 11 Apr. 12 May 10 Jan. 15 Jan. 22 Mar. 27 24% 2% 17% 117% July July July July 17 8 9 16 8% July 17 41 July 31 33% July 31 83 July 29 % July % July 18 1 6% July 26 20 July July 3% July 25% July 12% July 4 %-July 1 July 15% July 2 % July 32% July 1 I July 7 £ Jmy 24 £ July 94 17 11 31 30 31 2 9 1 12 31 25 July 31 15% July 15 18% July 18 2% July llH 100% 107% 102 116% 16% 101 28% 3% 5% % 22 July 31 July 20 July 25 July 16 July 17 July 25 July 31 2 July July 17 8 July 9 July July 12 18% July 31 21% July 31 98% July 31 123 July 10 32 July 31 July 5 July 6 70 July 29 98 July 23 23% July 30 98% July 13 62% July 23 July 2 10% July 30 8% July 30 July 12 42 July 15 21% July 19 II* __ 2 July 2% July 5% July 4% July 57 July 3 19 19 9 8 27 July 30 33% July 20 19% July 30 19* Apr. 6 Feb. 29 10 tm 5 May 36% June 28% May 71 May June 18 15% 14 48 29 35 23 100 10 135 % July % May 5% May 16% May 89 1% 2% 7% 23% June 101 3 10 15 9 9 28 14 4 4 6 Apr. 5 Jan. 9 Jan. 4 Mar. 1 May 8 Jan. Jan. Apr. 2 3 5 May 9 Mar. 15 6% Jan. 35% Jan. May 18 % May June 3%May 21 T2 3 2 June 24 May 23 May 22% May 10 Mar. 112 July 2 117% Apr. 35% May 28 49% May 6 56% Jan. 59% Feb. 19 May 24 31% Mar. Jan. 1% May 15 14 May 22 31% Jan. 109 Jan. May 23 118 Feb. Jan. 16 Jan. 10 3 11 % May 1 10 10 Jan. 10 2 15 Feb. 19 30 22 Jan. 3 14 June May May % May 3 % May 22 May 20 May 13% May 14 May 21 Mar. 16 16 Mar. 16 Jan. 5 23 Feb. 21 Apr. 22 21 Jan. 4 4% Feb. 23 2% May 21 15% May 22 60% May 23 91 June 3 96% May 22 90 June 7 21 29* Apr. 16 Jan. 115* 10 108 4 Apr. Apr. 12 9 Jan. 8 108% May 23 118% May 21 25,% 100% May 17 105 21 June 10 40% 5 2% May 15 4% May 18 8% 1 % May 15 Apr. 30 May 3 Apr. 29 Apr. 4 Jan. 5 14% May 22 28% 28% 15% May 21 76 May 21 118 110 May 21 138 26 Jan. 20 37% 27% May 21 38% 28% May 21 39% 50 May 28 70 Jan. 3 Jan 3 Jan. 4 98 May 24 35% 18% May 21 93% June 13 105 51 May 29 71 8 3 11% July 13% 7% May 21 85 4% Mar. 23 3% May 22 Jan. 38 4 14% May 22 1% May 15 5 1% Jan. Jan. 3 15 3% May 21 45 June 7 Jan. 4 Apr. 9 5 Jan. May 9 Feb. 13 3 Jan. July 29 Jan. 30 Apr. 9 Apr. 30 Apr. 5 Apr. 18 Apr. 9 Apr. 10 May 3 Mar. 8 May 2 3% Jan. 3% Apr. 6% Apr. 7% Apr. 22 13 §18 70 11 22 6 Mar. 121% Mar. 27% Apr. 15% May 21 30 May 18 42% Apr. 24% May 13% May 21 Jan. 1 2 17 71 9 5 8 Jan. 25 y 60 75 3?" June 26 12% May 24 17 May 24 70 8 159 134% June 45 116 60 114 July July July July July 3 23 68% Jan. 25 113 66% * 1 % 2% 4% 4% 55% 2% Sale Sale Sale 108 23% 30% 2% July 16% July 61% July 95 July 102% July 93% July 116 July 14% July 101 July 24 July 3% July 5% July % July 28% Sale 3% Sale 6 4% % 34 9 15% 18% 106% Sale 99% Sale 88 58 Sale 2% 3% 17% Sale 62% 66 98 100% 21% 98% 126% Sale 31% 33% 33% 54 23% 38% 18 8* Sale Sale 116 15 Sale 114% 116 Sale 16% Sale 17% Sale 21% Sale 90% Sale 118% 123 30 40 Sale 24% 3% Sale 4% 5% % Sale 37% 18 24 23% * 20 5 22,900 Wilcox Oil & Gas 1 606,700 Willys-Overland Motors 6% conv preferred 10 240,600 * 377,600 Wilson & Co $6 cum preferrred * 28,200 100 Wisconsin Elec Pow 6% pf.100 10 85,400 Woodward Iron Co 10 419,600 Wool worth (F W) * 203,400 Worthington P & M 7% preferred A 100 350 6 % preferred B 280 100 Prior pref 4% % series...100 11,500 Prior pref 4 % % conv ser 100 14,400 5,620 Wright Aeronautical Corp * * 20,300 Wrigley (Wm) Jr. 25 19,200 Yale A Towne Mfg Co 620,400 Yellow Truck & Coach cl B..1 7% preferred 100 2,890 * 61,000 Young Spring & Wire. 469,200 Youngstown Sheet & Tube... * 5 % % preferred series A..100 2,100 95 102% 93% 96 "36k" Sale 100 Westinghouse Air Brake * Westinghouse Elec & Mfg. .50 7% 1st preferred 50 $4 convertible preferred Prior preferred Sale Sale Sale Sale 19% .100 Western Union Telegraph-.100 3,700 18,600 Sale July July July July July July July 11 July —;4-%-Jury~23 1 July 3 14% July 2% July 32% July 1 % July 7% July 22 July 23% July 15 July 17% July % % 6% 18% 92% 3% 20% % % % Sale 6% 25 * Sale July 37% July 32 July 82% July 41 120 25 * -.100 100 41 7 33% Sale 77 82% 24 Snowdrift A.__* Sale Sale 22 $4 conv preferred West Penn Electric Co 7% preferred 6% preferred.. 8 1% Sale 6% 8 24% Sale 1 73% 105% 112% 2 July 16% July 115 July Sale % % 6 15% Sale 17% 16% Webster Eisenlohr %8 July 13 9 July July 30 26% July 17 115 July 30 42% July 31 Sale Prices 103% May 21 124% Apr. 31 July 1 39% Apr. 5 42% June 48% Feb. 1% May 22 2% Apr. 5% May 28 7% Apr. May 18 2% Apr. 13 123 25 _ 22% July it* 117 Sale Sale 110 Wheeling & Lake Erie Ry__100 5%% conv preferred 100 5,210 * 194,300 Wheeling Steel Corp 6% preferred 100 470 $5 conv prior preferred * 3,600 7,400 White Dental Mfg Co (S3).20 1 192,000 White Motor Co * 174,900 White Rock Min Spgs Co 1 185,800 White Sewing Machine 2 18 Sale Sale Sale Sale Sale 10% 8% Sale 23 22% 2% 16% Sale Wesson Oil & 1 Highest Sale Prices 42 May 21 32 56 19% 22% 6 Weston Elec Instrument. 12.50 * 39,100 Westvaco Chlorine Prod 5% conv preferred 30 22,200 ♦No par value, 42% Sale Sale Sale 6% 19 19% 89% 92% 3% Sale 20% 20% 10% 11% ~4% 4% % 1 15% 15% 2% Sale 7 21 y8 9 12,000 Western Pacific 6% pref_-_100 219,000 182,800 183,500 2,360 61,900 Sale Sale Sale 115 112 31 Waukesha Motor Co 200 12,200 10,700 17,300 uy» 26 % July 12 July 28% July 25% July 112 July 38 July 17% Sale 24 Convertible preferred Warren Foundry & Pipe 100 1,400 12% Sale 16 —7% % * 1H 100 22% _5 3% ^ __* tWarren Bros Sale 132 100 * 4% Sale 93 49% July 25 55% July 31 118% July 31 115% July 31 July 32% July 15 Sale 42% July 45% July 20 2 Sale 1% July 1% July Sale 6% July 19 5% July Sale 1% July 1% July 16 48 Sale July 19 44% July 15 15 14% July July 15 56% 55% July 58% July 16 140 143 153 July July 15 80 82 75 July July 17 Sale 3% 29 Walker (H) Gooder& W Ltd.* Preferred * _ 78 19% 62 Sale 30 * Ward BakingGoelasa A_ 143 38 * warr 27,600 Wayne Pump Co 49,900 64,100 6,500 2,930 6,330 6,710 7,600 65,100 157 Sale 114% 115% 44 % Sale * Co 52% Sale 100 100 5% preferred A Waldorf System S3.85 14 16* 6 J Wabash Ry Co 45 Sale 69 Lowest Sale 6% 1% I* 56* 14 100 7% preferred 14,800 317,300 Warner Bros Pictures 4,310 60,800 2,900 12,300 15,100 22,300 43% Sale 5 7% 1st preferred 22,900 Sale 68 151 * Vick Chemical Co Walworth 32 e% Highest Sale Prices 53% Sale 118% Sale Sale slH Lowest Ask 2 100 Walgreen Co 4 % % preferred with RANGE SINCE JAN. Sale Prices July 31 Bid Sale Corp of America. _* 6% preferred 800 87,700 Western Auto Supply Co 30,600 Western Maryland 4% 2d preferred 6,000 100 7,600 , 66 % Ask Sale 35 43 6% preferred ,100 32,700 3,420 Virginia Elec & Power 6% pref* Virginia Iron, Coal& Coke— 5% preferred .100 2,230 25 6,600 Virginia Ry Co 6% preferred ___25 8,740 .100 1,550 Vulcan Detinning 7% preferred. 100 40 120 10 * 100 117% 30 Vicks Shreve & Pac Ry Co_100 5 21,200 Victor Chemical Works * 44,800 Va Caro Chemical "V.566 1,700 2,600 12,600 Bid * 37,000 U S Tobacco 7% preferred 25 2,420 United Stockyards Corp 1 31,400 Conv preferred (70c) * 15,500 5 81,200 United Stores A $6 conv preferred * 4,740 1 7,000 Universal-Cyclops Steel * 6,200 Universal Leaf Tobacco 8% preferred 100 930 7,820 Universal Picture 1st pref. .100 260 -—700 July 1 Par 2,356,700 United States Steel 88,600 7% preferred 1,500 1,100 2,700 IN JULY 1940 Jan. 1 Share* PRICES Jan. 2 N. Y. STOCK EXCHANGE Since 15% July July July July July July July July July July July July 10% July 1 2% July 55 June 64% July 26 41% July 31! ' 46% July 31 104 July 30 83 July 16 18 July 1 13% July 31 112% July 25 11% July 31 34% July 17 80* July 19 July 31 11% July 16 2% 60 Apr. 23 May 8 June 17 9 54% May June 10 129 Apr. 9 Apr. 26 May 23 93 Jan. 3 May 28 25 4 19% Jan. May 21 Apr. 23 May 25 124 14 June 10 Apr. 16 3 June 10 48% Jan, May 28 93% May 10 28% Jan^ May 21 4 17% Apr. 8 May 21 1 Mar. 4% Apr. 22 July 25 39 91 73 15% 9% 98 6% 26% 80 12% 8% t Companies reported in receivership. 2 69 5 42 June 29 r 7 Called for redemption. Shares_ Jan. 1 to July 31--. NOTICE—Deferred delivery under the rule and cash and when selling outside of the regular monthly range are computing the range for the 1940 Jan. 1 to sales, are disregarded in shown in a footnote in 1939 $17,855,000 197,810,000 $37,533,000 275,680,000 Bond Sales July 2,740,674 22,215,637 1,763,550 28,432,562 — • 1939 1940 July_, NEW YORK CURB EXCHANGE PRICES ON OF RANGE Stock Sales July 31 the month's range, unless they are the only transactions o the month, the month in which they occur. No account is taken of such sales In year. AGGREGATE PRICES SALES Since -Juty Shares 10 100 6.600 2,100 300 1.400 ""156 175 210 100 50 100 150 250 700 3,700 1,250 400 50 2,150 '"606 220 800 "loo 1.300 50 500 1.400 24.506 4,900 900 400 11,800 975 2,000 700 75 200 100 2,900 100 CURB STOCKS Par 2.340 Acme Wire Co common 10 1,600 Aero Supply Mfg class A 1 126,700 Class B 1 18,600 Ainsworth Mfg Corp com 5 19,700 Air Associates Inc common 1 53,400 Air Investors Inc common * 6.900 Convertible preferred * 400 100 200 1,900 600 20,400 4,350 2,300 800 900 200 200 ] 50 "2",300 7,600 1,900 50 200 900 4,600 534 534 1034 220* Sale 2234 Sale 50 * _* 7734 Ask Bid Bid 19 Sale X Sale Sale 534 5X Sale Sale UX Sale Sale 17 20 X Sale 63 X 100 250 $3 conv preferred * 2,700 Allied Products Corp com 10 Class A.. 1,750 25 112,150 Aluminum Co common * 18,150 6% preferred. -__100 5,300 Aluminum Goods Mfg Aluminium Ltd 1 3 IX * , 6% preferred. 100 Ameriban Beverage Corp. J—1 American Book Co 100 1 17,700 Amer Box Board Co com 900 Amer Capital Corp cl A 10c Common class B 3,900 10c $3 preferred 2,600 850 $5.50 prior preferred * 34.900 American Centrifugal Corp..1 Amer Cities Power & Lt Corp— Conv class A 25 3,025 Class A with warrants 25 5,300 Class B 1 33,300 395 Amer Cyanamid com class A_10 93 2 X 140 114 Sale 17 Sale Sale 115 1654 Sale 97 5634 X 3634 4 34 134 34 12 34 6434 34 ~33X Sale" 6,500 Amer & Foreign Power warr * 7,350 Amer Fork & Hoe Co com 10 158,500 American Gas & Electric 975 434% preferred 100 18,400 American General Corp 10c $2 preferred 10,850 675 $2.50 preforred 1 7,350 Amer Hard Rubber Co com_50 "~34 ""A* — Preferred 100 12* 3854 Sale 3734 4J4 134 'As 1 834 69 'As 2 — * * * 5 5,300 Anchor Post Fence common. 3,900 Angostura- W upperman 3,600 Apex Elec Mfg Co common Appalachian Elec Power— $7 preferred 1,855 99.200 tArcturus Radio Tube _ * 1 * * 1 42,900 Arkansas Nat Gas common. .* Class A non-voting * 142,829 6% preferred 10 52,500 1,480 Arkansas P & L $7 preferred.* 200 Aro Equipment Corp Refining Co.-l July July July July July July July July 34 July 3834 July 434 July 13 Sale 34 'As "^34 "July 8 2934 134 30 31 31 31 3 26 28 12 34 1434 15 1334 1334 2534 1434 1434 2934 1434 1434 26 17 31 31 10 5 1634 ""34 8 2734 July 2634 July 34 July July 2 31 1 44 3534 July 31 1134 July 31 34 July 9 12 July 6 3434 July 6 11134 July 29 3 July 3 26 July 30 27 July 15 1434 July 20 Sale 14 July 1534 14 34 213 34 July 28 July 2934 18 5 12 19 14 July 1434 July 28 July X 2X Sale Sale 85 'A ,3 2834 Sale o Sale 2834 70 * 78 85 534 Sale Sale 9As Sale 5434 6234 1034 11 2J4 334 134 Sale 34 1 434 9 12 ^ 534 334 O > Sale 534 434 Sale 67x8 Sale 1034 12 3 134 34 1034 334 134 34 12 __ 11134 11134 11234 11034 July 5 30 19 As July 2934 July 34 July 78 July 534 July 434 July As July 1 6734 July 31 1234 July 19 334 July 134 July 27 34 July 25 1034 July 24 13 112 7 Sale Sale 734 134 Sale July 20 93 2 Sale "4 34 Sale 434 834 Sale Sale 5X 134 Sale" Sale 734 9134 734 98 11 . 12 434 434 5 Sale 234 July 234 July 734 July 93 July 1134 July 434 July 434 July 134 July 2 July 7 July 92 July 1134 July 434 July 434 July Mar. 21 13834 Jan. May 1634 June 534 May 4234 May 9634 May 34 Mar. 1 36 June 4 May *8 Jan. Jan. June 6 2534 June 22 34 June 20 June 11 26 834 34 934 2534 10734 2 34 2234 2634 11 Jan. 4 May 21 May 24 Mar. 12 May 22 May July May May May May 21 8 21 31 31 21 13 34 June 3 1134 May May 1334 May 65 May • 34 June 23 May 34 June 70 May 5 May 3 May May 22 25 28 21 24 35 May 36 3934 1934 3,6 1434 3934 11134 4 10 11 12 18 15 19 30 Jan. Apr. Jan. Apr. 27 Jan. 8 July 29 4 Apr. 3154 Mar. 13 3434 Mar. 21 1934 Apr. 13 1834 1634 2934 2534 73 4 21 Apr. Mar. Jan. Jan. 9 11 26 Apr. 9 May 16 % Jan. 11 Jan. 36 29 34 Jan. 17 3 21 10934 Apr. 6 1034 May 21 634 Mar. 12 23 54 June 28 15 29 June 8 75 Jan. 21 23 17 Jan, 108 4 3334 Mar. 134 Apr. 6 May 234 May 1 May 34 May May 48 21 20'^ May 34 May 31* 21 31 4 16 4 29 4 10934 May 134 Mar. 30 1 4934 Apr. 734 Apr. 11 234 Apr. 19 Jan. 10 Jan. 2 Mar. 28 80 Jan. 3 334 Feb. 134 Mar. 21 15 21 Feb. 2 15 134 May 134 May 634 May 87 May 1134 July 4 May 4 May 9 8 6 8 27 Apr. 18 Jan. May 29 115 X Jan. As Feb. 134 2 34 89 '534 "OX As July 2834 July 34 July 75 July 534 July 334 July 34 July 24 5634 July 2 10 34 July 8 2 34 July 15 134 July 1 34 July 10 July 24 98 4 May 1134 July Apr. 19234 Apr. 11834 Apr. 18 Apr. 1134 Feb. 11034 Mar. July May July 8 "19 64 34 3 17 108 2734 July 2834 July 134 July 19 Sale 3334 11134 34 July 354 Apr. 3034 Apr. Vis Apr. 22 11134 July . 22 2 Feb. 9 234 Jan. 6 134 Feb. 8 34 May 21 13 85 88 May 25 82 65 34 July 7 May 10 634 Mar. 12 3 14 34 May 11134 July 1834 n* n* 33 34 110 534 34 July 13 3634 July 23 434 July 25 3034 July 934 July As July As Sale 1034 July 32 July 3334 Sale 10734 July 234 July 334 Sale 2434 July 27 32 July 16 1434 July 1 .5 Art Metal Works common.. 3 July 30 334 1034 July 23 1134 17 18 July 12 Sale 15034 July 24 164 Sale 11234 July 10 11434 17 17 July 8 1734 6 6 July 2 634 Sale 65 5834 July 3 5 Sale Sale 2 22 X Jan. 2234 Mar. 13 15 3 4 58 June 7 7834 Apr. 9 9034 May 23 10834 Apr. 30 69 15 734 754 5X Sale 34 Sale 73 7434 1534 1534 334 Sale IX IX IX 2 1234 1334 h 2X 2X 7X July 22 11134 July 2 34 July 12 2 34 July 11 134 May 21 1734 Jan. 13 34 May 21 65 64 Sale /As 84 lil34 3 134 Jan. 10 434 134 85 32 2 9 30 18 13 May 21 2034 July 31 434 Jan. 16 4 May 21 434 134 34 1334 36 1134 10 X Sale 6.400 American Meter Co. * 2,100 Amer Pneumatic Service 3,775 Amer Potash & Chem Corp__* 123.300 Amer Republics Corp com__10 34 July 2 34 July 66 68 July 6 July 9834 July 24 10134 July 92 94 July 6 July 35 44 Sale 3 1834 2034 534 534 Sale 3834 23 68 26 Sale 30 20 July July July July 11 July 134 July 28 27 16X 15X Sale 2834 Sale 1834 July 26 2034 July 31 5 July 10 4 34 July 1 11 July 3 134 July 11 2834 34 2434 25 16 Highest Sale Prices 2834 3% Sale 25h 25X 12 Lowest Sale Prices 30 Sale 30 31 Sale Highest Sale Prices 34 334 2634 64,100 American Maracaibo 15.700 Amer Seal-Kap Corp com 212,000 American Superpo wer _ 1st preferred $6 series 10.900 Preferred $6 series 30.300 15,000 American Thread 5% pref 13 65 6 1 3234 934 3134 2834 IX 17 60 6 10534 107 IX IX 42 X 44 6X 7X 2X 3 X X 20 X Sale 7034 76 X X 114 17 634 1634 18 9334 — 156 10 3„ 7134 Sale 3 OX 12 1134 18 2034 Sale 164 4 1034 Common class B non-vot. 10 399,900 165,300 American Export Lines com__l 9,300 47,800 Ashland Oil & 1 Sale Prices 21 234 34 ^ X 2734 2534 134 30 12,700 American Laund Mach com.20 57.800 American Light & Traccom.25 3.300 6% preferred .—25 4,200 American Mfg Co common. 100 68 9234 3 34 33 31 IX _ 1634 34 101 101 20 934 19 * com 113 100 2h Sale 134 Sale 1934 34 65X 92 Sale 101 1934 11 2 ll* Allegheny Ludlum Steel— 7% preferred 100 Aluminum Industries RANGE SINCE JAN. Lowest Ask 2234 17 2034 5X Sale 0 1,600 Alles & Fisher inc common * 1,800 Alliance Investment common * Allied Internat Investing— 40 2,100 2234 2034 Warrants 1.700 Ala Gt Sou RH ordinary 2,720 Ala Power Co $7 preferred 2,475 $6 preferred 10,150 44,600 3,200 6,100 3,180 Ask Did July 31 July 1 1940 Shares 50 JULY Jan. 2 EXCHANGE NJaiin 27,800 IN Price NEW YORK In 9 26 2 234 Jan. 2 34 Apr. 1 8 34 Apr. 23 Jan. 18 1134 July 15 634 Mar. 8 534 Jan. 11 99 Associated Elec Industries— " American deposit 800 2,800 100 rects—£1 13,900 22,600 J Assoc Gas & Elec common.. 1 Class A 1 129,200 $5 preferred * 27,100 * 200 Assoc Laundries of America _ 800 V t c common 200 Assoc Tel & Tel class A Atlanta Birmingham & Coast 10 1,400 Sa.e* 234 234 34 July 34 As Sale IX 234 As July 2 July 24 5 12 34 July 34 July 2 July 24 1 12 . * * RR Co preferred 100 20 20 Atlanta Gas Light 6% pref. 100 79,200 Atlantic Coast Fisheries New 1 For footnotes see page 53. OX I 34 34 j X 6 2 6 65 102 3 70 ..... Sale 50 34 X 2 100 65 Sale 2 Sale 55 1 2 154 1 65 66 100 102 2 6,34 May 8 34 Jan. 12 34 Feb. 9 1 May 15 34 Mar. 8 July 134 July 1 100 July 234 July 8 1 11 100 As Feb. 21 May 29 » 834 As 34 534 34 As 234 Feb. 24 Jan. 2 Jan. 10 Jan. 3 Mar. 8 Feb. 21 Apr. 6 68 May 10 Apr. 8 July 1 10434 May 21 8 434 Apr. 16 1 X June NEW 42 YORK EXCHANGE CURB AGGREGATE SALES PRICES IN JULY NEW YORK In July Shares Shares CURB Since Jan. 1 I (<Continued) Par 50 4,210 Atlantic Coast Line Co 1 8,900 Atlantic Rayon Corp Atlas Corp warrants Atlas Drop Forge Co com 5 Atlas Plywood Corp * tAustin Silver Mines1 Automatic Products Corp.._-5 Auto Voting Machine com—* Avery (B F) Sons Co 5 475 6% preferred with warr_..25 725 6% preferred ex-warr 25 Purchase warrants 4,800 405,900 Aviation & Transport Corp._l 3,660 Axton Fisher Tob class A—10 750 900 222,200 7,600 22,400 19,100 7,600 13,600 3,700 5,700 200 700 """800 1,200 100 500 - 8,800 80 Bid * 109,600 Babcock & Wilcox Col Baldwin Locomotive— 14,900 7% preferred 30 Purch warr for common 224,400 1 8,200 Baldwin Rubber Co com 1 4,800 Bardstown Distillery Inc 1 28,300 Bari um Stainless Steel 4,300 Barlow & Seelig Mfg conv A._5 8,800 Basic Dolomite Inc common. _1 1 280,400 Bath Iron Works Corp 600 Baumann (L) & Co com * 260 7% 1st preferred._. 100 310 7% 1st pref vot, tr ctfs—100 1 5,900 Beau Brummell Ties Inc 1,100 Beaunit Mills Inc common.. 10 _ 700 8,900 700 800 1,000 50 300 12,900 10 """500 300 $1.50 conv preferred ..20 1 130,500 Beech Aircraft Corp com 250,800 Bell Aircraft Corp common...1 72,900 Bellanca Aircraft common... 1 8,133 Bell Telep Co of Canada... 100 1,350 Bell Telep of Pa 6 V % pref. 100 3,400 9,300 1,000 ' 470 150 750 Benson & Hedges common...* Convertible preferred * 435 - '"""25 % Sale % ~ 151 500 300 2,400 '""200 $2.50 conv 9V 1694 194 Sale 51V Sale .. 3 V 2194 Sale 7% Sale 6 h 7 H Vs Vs V Vs ~~7H ~~7K 12 ys lVs Sale 1 Vs Blue Ridge Corp common... 1 $3 optional conv preferred.* Blumenthal (S) & Co com * Bohack (H C) Co common...* 7% 1st preferred 100 Borne Scrymser Co 25 7,900lBourjois Inc """30 400 300 12 254 39 4Vs 5 4 94 12V 594 494 15 Sale 794 23 6 Sale 5 Sale 144" Vs Vs 1054 Sale 354 4 5 554 54 Sale 954 554 Sale 154 July 454 July 4 July 54 July 254 July 3554 July Vs May 31 2 May May Jan. June May May 16 Jan. 1454 Jan. 54 July 254 May 34 May 3 Jan. 1154 Vs 54 354 354 24 30 17 2 5 10 354 5 454 Sale 1454 1454 Sale 4 54 Sale 12 54 36 454 154 1754 2954 554 254 20 32 554 May 21 4 54 May 21 4 54 May 23 Vs July 8 54 Mar. 6 8 May 22 3 54 May 23 954 May 21 1 5 July 11 5 454 July Mar. 21 Jan. Jan. 21 454 July 1654 July 454 July 97 July 118 July 5 54 July 3 July 1 16 16 17 27 36 July Vs July ht July 1154 July 9 1 12 18 16 17 19 h July 3554 July 5 July July 5 12 1754 July July 5 July 18 July 3254 July 5 July 1954 29 5 554 254 25 3154 554 54 1154 754 1654 2 May 4 May 10 Apr. 3 1 Apr. 6 Jan. Apr. 19 9 Jan. Apr. 20 Apr. 4 25 Jan. 6 3 25 Jan. 6 6 Jan. 9 June 13 354 May 15 13 54 July 3 3 May 14 . 15* Apr. 15 Mar. 16 9 854 Feb. 3254 Apr. 15 9 854 Feb. Jan. July 8 136 Mar. Apr. 17 125 May 25 4354 Jan. June 26 30 Apr. 54 Mar 21 Apr. 88 22 114 13 24 '»» Mar. 1 29 4 1054 July 26 3|i| 11 36 54 July 5 54 July 40 , 2 354 May 17 3 1254 July 36 554 154 Jan. 354 Apr. 30 3054 Apr. 22 554 July 3 July 1454 July 1 34 53 19 Apr. 22 154 Feb. 10 454 Apr. 15 23 3954 654 354 3 17 2754 854 754 54 54 Sale 354 12 3 15 25 9 28 Mar. 14 18 1354 Sale 6 Sale iv 1054 3654 554 4 July 1354 July 354 July 88 July 117 July "1'1'Vs Vs Sale 3954 3 July 54 July J32 July 1054 July X 20 9 11 15 1854 May 21 5 r30 36 38 . 23 4 15 19 5 31 31 12 15 18 29 4 Sale 35 38 21 22 25 11 22 22 1254 Feb. 21 Sale 11754 117 30 2954 2554 115 Feb. 6 254 Mar. 4 Apr. 1954 May 54 Jan. 154 Jan. 654 Feb. 754 Mar. 30 2654 654 554 Vs Vs 954 5 454 Sale 1654 Sale 4 454 2354 Jan. 2654 July 15 96 97 454 July 5 14 454 4 July Sale Prices July July July July July July 5 July 1454 July 10 1 r30 Highest 3 54 June 10 20 17 12 13 28 V Sale 10 15 July 17 July 23 July 1 July 8 July 20 28 33 30 3554 July 1354 554 54 254 Lowest Sale Prices 12 June 5 2 4V 2V 27 3 22 2454 July 554 July 5 July Vs July 54 July 954 July 454 July 1254 July 30 23 6 3 54 July 3 6 17 2 54 July Sale Sale 1 40 40 94 July 354 July 4 July Sale 22 11V in 1 2654 654 454 54 54 954 454 1354 2 132 694 294 26 V 13 July 5 July 26 July 10 July 23 July 6 22 54 July 30 Sale 40 Vs Vs 254 Sale 35 54 Sale 354 454 1 Sale " 5 Sale 12Vs 1254 454 Vs 2 54 26 2454 4Vs Vs V Highest Sale Prices 15„ 1 Sale 85 122 94 37 94 154 454 454 18 154 454' 354 1554 20 794 Sale 20 54 254 Sale 14 54 2Vs 3554 394 1454 Sale 21 23 21 20 4V 18 9 20 1 4V 3Vs 23 244,300 Bliss (E W) & Co common...1 31,100 13,900 12,300 3,600 1,700 14,700 Vs 37 25 900 15 13 preferred 7,600 400 13 6 V 18 2,400 Birdsboro Steel Fdy & Mach_* 795 Blauner's common * 2,200 Sale 4V Sale 54 Sale 2V 3 m 27,700 Berkey & Gay Furniture Co..l Purchase warrants 12,000 * 4,500 Bickford's Inc common. 1,000 1354 554 Vs 254 1454 13 V 3V Lowest Ask Ask Bid Bid Sale Prices July 31 July 1 Ask 3,200 Ayrshire Patoka Collieries __1 6,800 1 Jan. 2 1940 STOCKS RANGE SINCE JAN. Price EXCHANGE June 6 May 14 254 May 14 1254 Jan. 20 54 May 21 5 33 54 June 3 54 May 22 1 54 June 26 1654 May 21 28 June 4 454 May 22 46;3 Feb. 5 19 27 145lf Apr. 40 Mar. 26 654 Jan. 6 Jan. 16 25 4 2254 May 10 154 Jan. 8 Apr. 4 Jan. 30 Mar. 26 Mar. 28 Apr. 3 654 Apr. 5 45 854 254 3154 4854 Bowman Biltmore Hotels— 200 . 7,500 1,900 «. .. 12,500 1,800 21,900 400 _ 200 500 _ 380 2,000 2,200 * 1 IVs 7% 6 Sale 8«4 IVs 794 Sale 1 — 11% Sale * * 3594 * * 100 * 37V Sale 55 3 49 2Vs IVs 28 V 3 IV 29 Vs 12V 54 Vs 554 54 1 3 3 Sale 5 54 Sale 854 Sale 27' 194 38 2 V IVs July 23 54 July 23 9 11 54 354 54 2 54 354 254 July July 12 18 85-4 July 1 154 July 27 5 3 54 July 554 July 1054 July 31 8 2 July 6 2Vs % 28 Apr. 154 May May 154 Apr. 54 Apr. 20 May 1054 May 30 May 22 14 2 2 28 24 17 29 294 1 20 33 27 10Vs 1194 11 Sale 32 12.54 1154 1154 15 27 16 254 July 1 July 27 July 26 23 30 35 1054 54 July 2354 July 1194 34 254 July 3 4 21 26 15 May June June June May May 36 Sale 35 30 2*4 IVs 54 38 30 2 35 27 54 54. 454 54 1 354 Sale 554 Sale 1054 Sale 3 32 12 * Class A British-American "i",36o V 6V 100 Preferred 16,700 Brill Corp class A Class B 4,600 7% preferred4,200 2,100 Brillo Mfg Co common 400 _ 7% 1st preferred 25 Bridgeport Gas Light Co 41,900 Bridgeport Machine com.. """700 - * 100 * Common 2d preferred 7,130 76,400 Brazilian Tr Lt & Pr ord — 78,100 Breeze Corp 584,500 Brewster Aeronautical 17 54 Feb. 15 854 Feb. 13 154 Feb. 9 854 Apr. 8 754 Apr. 25 1754 Mar. 28 36 Apr. 354 Jan. 49 Jan. May 154 May 4 38 Feb. 1454 Apr. 34 Mar. 17 3 5 7 7 5 6 5 Oil Co— * * Coupon stock (bearer) Registered 17 h 1SH 1054 July 11 1154 July 15 754 July 18 754 July 18 1654 Mar. 14 10 May 22 1954 Jan. 17 Apr. 754 July 18 754 June 18 2054 Feb. 1 Feb. 9 15 5 British Amer Tobacco Ltd— 100 2,200 2,100 Amer Amer British dep rets ord bear..£l dep rets ord reg £1 Celanese Am dep rets ord reg 325 British Col Pow class A 1,700 """200 10s 500 1,600 Class A 1,000 300 800 3,700 400 20 % IV 4 12 12 354 1254 1254 IV 10 27" Sale" 4 94 Sale * preferred— 1 13,000 Brown Forman Distillery $6 preferred.. -* 100 58,100 Brown Rubber Co common.. 1 5 2,500 Bruce (EL) Co 50 9,350 Buckeye Pipe Line 50,500 Buff Niag & East Pow pref.25 $5 1st preferred * 8,700 49,600 Bunker Hill & Sullivan—2.50 2,500 Sale * 23,950 tBrown Co 6% preferred-.100 10,100 Brown Fence & Wire com—1 500 18] 18] 10V 154 iiv 6 34 54 Sale 22 Sale 18 Vs Sale" 200 2V IV 2H IV """ioo 4,100 Cable Elec Products com—50c Voting trust ctfs 50c 8,500 Vs Vs 3Vs 4V Sale Sale 1854 96 54 1054 •54 54 Vs Vs 2,500 Burma Corp _ 9 July 30 15 54 July 2 54 July 8 8 16 16 July 30 16 1 1054 17 154 38 30 494 28 2 11 254 154 IVs 4 Sale 18 1854 254 1454 18 15 8 Amer dep rets.. 1294c 6,400 Burry Biscuit Corp 4,000 „ 20 Ltd—■ 154 154 154 July 2 3754 Sale 2054 2054 9954 Sale 1054 Sale 5/8 K, 54 54 % 54 54 % Vs 154 354 Sale 154 xl54 22 May 21 36 15 154 May 15 May 31 8 154 July 30 154 July 554 July 34 July 1954 July 9854 July 954 July 6 29 1 3 8 10 154 July 30 6 13 30 30 31 2 154 May 30 Sale 7 6 154 Jan. 13 July 30 16 10 38 30 154 7 Sale 1954 99 1054 154 % 1854 July 254 July 3754 2054 9954 1054 July July July July July June 154 May 554 July 28 Jan. 16 May 9054 May May 9 154 Mar. Feb. May 554 Feb. 1854 Feb. 1 27 9 7 5 1 254 May May 17 4 454 Jan. 1154 Jan. 26 38 43 Feb. 2254 Jan. 108 Jan. 14 54 Jan. 254 Jan. 13 4 9 5 July 10 July 10 54 July 154 Jan. 12 5 3 July 17 July 17 54 June 7 54 May 23 154 Apr. 54 1 354 1254 Sale 1254 July 154 July 23 2 1354 July 154 July 1 12 954 July 554 July 30 23 954 July 654 July 30 9 54 July July h July 8 12 3 8 54 July July 54 July 11 12 3 July July July July 24 10 17 30 July 754 July 31 27 29 54 June 1 Mar. 12 Cables & Wireless— Am dep rects 594 % pref__£l 800 4,600 Calamba Sugar Estate Co—20 1 74,400 Callite Tungsten Corp 5 100 Camden Fire Ins Assn """300 2,900 _ * 100 Canada Cement Co Ltd 350 Canadian Car & Fdy 7 % pref 25 Canadian Colonial Airways.. 1 155,500 2,800 Can Indus Alcohol class A—* 75 4,600 _ B " non-voting * 1 77,100 Canadian Marconi Co 2,425 Capital City Products.... — * Carib Syndicate com 25c 27,800 2,500 25 1,100 110 1,000 Carman & Co conv A stock..* Class B * 3,800 * 11,700 Carnation Co common Carolina Pow & Light $7 pref.* 2,.020 $6 preferred * 1,700 6,300 300 300 1 101,200 Carrier Corp common 3,400 Carter (J W) Co common.... 1 Casco Products * 100 300 170 7,500 225 10 700 Castle (A M) & Co 1 43,538 Catalin Corp oi America Celanese Corp of America— 7% 1st partic preferred.. 100 17,575 15 9,900 Celluloid Corp common 1st preferred part * 1,250 $7 dividend preferred * 2,600 900 12,400 Cent Hudson Gas & Elec com.* 760 _ 70 Cent Maine Pow 7% pref.. 100 100 9,875 Cent N Y Pow 5% pref _ 2,200 1,350 2,500 120 ' _ 1,100 10,000 Cent Ohio Steel Prod.. For footnotes see page 53 1 17 V IV 13 54 154 154 11 15 1 Sale V Sale IV Sale 9 22V 24V 5 6V 38V 39 100 94 Sale 9294 Sale 7V 10V Sale 7V 11 20 Sale 13 V 2 94 107 3% 72 21 14V 2Vs Sale 394 Sale Sale 14V 21 15 2 20V "22H 694 Sale 2V 394 2V 3Vs 4 16 2 8 654 Sale 2 1 54 54 654 1 154 Sale 754 54 1854 454 24 6 35 10554 1854 454 24 5 5 554 July 24 3554 33 54 July 25 35 1 107 10754 10854 10554 July 102 10354 101 July 10 104 102 754 6 654 15 254 114 JV 71 21 1354 "§754 Sale 99 854 8 % 33 54 Sale 100 354 1154 Sale 154 154 54 9 54 Sale 9 7 7 1754 254 654 654 1554 254 Sale 754 754 1654 Sale 754 July 654 July 654 July 254 July 11754 12154 Sale 11554 July 3 54 July 354 4 354 78 74 74 7754 July • 2254 1454 102 97 H 8 54 54 7 1 34 21 954 654 23 1454 106 Sale 954 9954 854 2454 1454 10954 Sale Sale 22 July 1454 July )8 July 8 54 July 1 5 9 3 7 3 July 254 July 125 22 .July 22 July July 2354 July 15 July 19 20 29 10054 July 954 July 17 11 4 76 11 354 Apr. 18 1154 May 22 154 Feb. 2 17 May 28 554 Apr. 3 9 54 July 30 554 May 22 1 June 17 54 May 20 654 May 23 54 May 21 354 1854 234 1754 554 Jan. 3 1154 Apr. 16 254 Jan. 22 154 Apr. 954 Jan. 154 Jan. 25 1854 May 28 4 54 May 29 754 May 15 4054 9754 May 27 109 86 May 22 10454 554 May 21 554 May 24 May 15 June 10 154 May 24 Feb. 9 May 1 Apr. 11 May 7 May 1 3 1554 Jan. 754 Apr. 29 12 Feb. 8 20 Jan. 2 354 Jan. 8 May 98 May 24 127 2 54 June 4 554 Feb. 6954 Jan. 2054 Jan. 13 1 1 9 8754 May 3454 Feb. 15 Feb. June 106 V Jan. 91 June 25 29 15 21 3 22 27 6 15 Apr. Mar. Apr. May Apr. 109 8 Jan. 10 10554 Apr. 1054 Apr. 654 May 21 5 9 NEW August, 1940] AGGREGATE CURB In Since July Jan. 2 EXCHANGE Jan. 1 900 17,500 •» . ... . "600 >• . .• . - . 25 300 mm mm ~ — - r- 175 700 650 2,800 800 23,300 15,700 2,100 290 100 20 700 mm mm - — - 50 900 300 700 2,800 100 200 200 . 4,166 850 425 7,300 14,900 ...... 1,300 600 400 "2", 100 900 1,500 280 500 1,050 400 20 300 6,400 260 . 2,700 50 1,500 300 750 100 3,000 340 2,600 200 Ask 110 Bid 109 STOCKS (Continued) As 37,800 Common 50c 109,500 Central States Elec common..1 2,125 7% preferred 100 7,075 6% preferred 100 Conv preferred 1,525 100 800 Conv pref opt ser 1929.-100 Chamberlin Metal Weather 3,300 Strip Co -5 2,150 Charis Corp common 10 1,125 Cherry-Burrell Corp com__-_5 4,100 Chesebrough Mfg 25 14,450 Chicago Flexible Shaft Co—5 4,100 Chicago Rivet & Machine.—4 7,200 Chief Consol Mining Co -1 6,625 Childs Co preferred 100 Ys 7H 2H % Sale 9 2H 3H 3 ys 3 4 4H 6A 7H 2'A Ask Bid 107 10834 110 34 34 As a Sale 7 Sale 2 2 4 134 134 134 234 334 434 6 1034 11 100 105 5834 60, 834 As 1434 734 % 1234 5 Sale 63 Sale 10 222,800 Cities Service common 109,230 $6 preferred * 9,200 60c preferred B * 1,970 $6 preferred BB * 2,240 Cities Serv Pr & Lt $6 pref—* 2,230 $7 preferred * 24,600 City Auto Stamping Co * 2,000 City & Suburban Homes 10 850 Clark Controller Co ---1 534 6 5534 87 93 59 94 99 1 As 30,600 Claude Neon Lights com 2,300 Clayton & Lambert Mfg Co..* 9,000 59,600 3,400 15,200 * Cleveland Elec Ilium com 534 434 3A 43 H 5% Clinchfield Coal com 100 2 Club Aluminum Utensil com.* 3 \3,600 Cohn & Rosenberger com— * 16,000 Colon Development Co Ltd. Is 3,900 6% convertible preferred £1 45,200 Colorado Fuel & Iron warr.. 20,680 Colt's Patent Fire Arms Mfg 25 Columbia Gas & Elec Corp— 6,425 5% preferred 100 95,300 Columbia Oil & Gas com— -1 Commonwealth & Sou Corp— . Warrants... 178,400 5,400 Commonwealths Distribut—1 12,950 Community P & L $6 l6t pf._* Community Public Service— Common 25 15,650 1 5,600 Community Water Serv Compo Shoe Machinery— V t c ext to 1946 7,100 Conn Gas & Coke Security— 50 $3 preferred. * 1 12,500 Conn Telep & Elec Corp 1 7,600 Consolidated Biscuit Co 28.300 Con Gas E L & P Bait com—* -100 1 5 10,700 Cons Retail Stores Inc com—1 8% 2% Sale 10 6,100 Consol Royalty Oil — 48,400 Consol Steel Corp common—* 2.510 Cont'l G & E 7% pr pref.-.100 1 3,700 Continental Oil of Mexico IX 4X 6A 2 4'A 7H Sale 83 Sale 64 234} Sale 'u Sale 1H 42 A 1H Sale 34V* Sale 17 X Sale 81X 3VS Sale 1173-4 1X Sale 36*4 37*4 117 3X 3*4 Sale 97 95 X 934 50 40 434 134 234 Sale 2 34 234 5 734 34 1 434 3 Sale 4 7434 75 34 % As Sale 534 1/4 134 134 2 134 Sale • Lowest Highest Sale Prices Sale Prices •/ 734 10 Sale Sale 134 34" Sale 134 134 2434 34 25 1234 1234 As July 34 July 5 1 134 July 10 34 July y% July 3 11 1 1J 72 in 2 7334 Sale Sale It 2 "134 July "31 134 July"31 As May 15 234 July 65 67 7*4 13 834 As Sale 534 Sale 6934 Sale 734 70 92 8834 99 9534 534 Sale 4 34 6 34 15 1334 'As 534 4234 Sale 434 434 134 234 234 234 3 334 7 834 34.; 34 334 434 434 434 7934 Sale May 4 734 Mar. 28 Jan. 10 117 Apr. 4 83 Apr. 4 10 Mar. 7 34 Apr. 6 2934 Mar. 26 15 7 18 13 10 June 5 18 95 55 May 28 8 June 6 May 21 10 10 11 99 4 34 10 4 34 May 334 July 234 July 6 1034 9634 2 Jan. May 15 May 15 May 14 10 July July 13 9634 July 30 10434 July 67 July 60 July 2 334 5 134 July As July 1234 July 14 As July July July 1 July 1 July 9 59 July 9 90 July 24 9534 July 17 534 July 3 634 July 7934 July 734 July 75 July 1334 July 22 34 July 16 434 July 11 1334 July 42 45 5 63 6 July 434 July 134 July 234 July 9 1 16 18 Jan. 4 2 634 May 7934 July 15 July 13 July 15 30 May 14 434 May 14 45 May 14 49 rA 22 2 24 Mar. 19 May 22 110 May 21 11534 Mar. 19 21 734 Feb. 28 434 May Apr. 22 6 May 14 1634 Jan. 11 12 May 20 Mar. 9 34 May 22 Feb. 6 334 Mar. 8 10 30 4834 734 234 334 9 31 34 May 28 334 May 23 334 May 21 67 May 28 234 Jan. 434 Jan. 7 A May 88 May July 19 51 9034 July 9534 July 6 July As July July 5 75 85 July 43* July 154 July 234 July 5* Feb. 19 Feb. 28 Apr. 16 May 9 6 Feb. 26 834 Jan. 9 May 22 4 May 15 1 May 22 2 May 23 4 May 17 634 May 21 13 16 27 734 July 22 734 July 22 13 As June 28 1234 July 11 5 19 . 334 July 24 73 July 17 434 July 7934 July 60 66 , 67 64 134 134 July 134 July 2 134 July "5",500 2,000 800 _ 500 800 1,900 22,400 100 950 900 18,000 1,300 200 ^ 300 _ .... 910 700 200 100 300 40 3,000 300 200 125 80 100 7% conv preferred 25 Crystal Oil Ref Corp com * $6 preferred ...10 Cuban Atlantic Sugar Co 5 Cuban Tobacco common * Cuneo Press 6 % pref.. .100 Curtis Mfg Co (Mo) 5 Class A conv 2,500 Decca Records common 66,100 4,500 Dejay Stores Inc common. Dennison Mfg Co class A 8,400 86 prior preferred 2,500 8% debenture stock 220 Derby Oil & Ref com— 9,600 A conv preferred Detroit Gasket & 500 Mfg Co 1,500 10 100 100 Detroit Paper Products.. 8,700 Detroit Steel Products 12,000 60 200 625 2,100 200 "1,206 38,700 100 2,400 400 8,000 ' 50 ...... 100 De Vilbiss Co common 7% preferred Diamond Shoe Corp com Distilled Liquors Corp Distillers Co Ltd— Am dep rets ord reg Divco-Twin Truck Co com Dobeckmun Co common Dominion Bridge Co 35 1 ...1 5 50 100 * * 1 1 10 10 134 234 Sale 334 5H% preferred... 890 Draper Corp For footnotes see page 53. 4H As 1 34 July ' 2 2534 7As 25 July July 10 5 26 July July 1234 13 1234 July 12 1234 July 234 234 134 334 86 85 134 434 89 93 134 5 734 634 834 7 25 Sale 4 34 134 55 134 7 34 34 134 60 134 8 34 134 534 Sale As o Sale 6 234 95 634 34 Sale 734 834 734 Sale 29 25 Sale 4 34 1 34 134 Sale 66 134 134 Sale 34 July 10 July 25 234 July 31 July 12 78 July 18 July 3 9 July 2 11834 July 134 July 5 July 19 July 19 2134 July 19 234 July July July 134 July 334 July 8634 July 2 July 134 July 554 July 9334 July 5 26 63* July 834 July 5 7 July July 13 33* July 24 8 34 July 1 July 24 9 55 July 8 134 July 5 734 July 23 13 5 1434 July 33* July 24 334 July 17 234 July 434 July 25 67 16 26 21 May 22 134 May 22 334 May 15 84 May 27 34 Jan. 4 4 May 24 7 May 15 634 May 22 May 22 334 May 21 34 May 16 1 May 29 55 May 29 134 Jan. 27 634 May 21 23 July 154 July 834 July Feb. 3 45 4234 Apr. 134 34 July 25 334 134 May 15 67 A May 28 83*4 111 May 25 120 2 234 134 Jan. 3 3934 18 June 75 734 July 2534 July 4 July 34 July 134 July 534 July 834 July 18 7 June 1 ?4 May 88 88 3834 Apr. 25 34 Apr. 5 1134 May 28 2 43 34 Jan. 134 Mar. 5034 May 2134 June 10 34 May 29 18 2 2434 34 95 + 15 19 10 1134 sale 23* 4 34 3 34 83 40 Sale 50 1034 Sale 1634 17 134 Sale 134 134 1 134 22 Sale £1 V2K 1 8 1 43-8 1434 Sale 5 * 9 17 134 134 1234 Sale 3 34 34 25 8934 134 o 23 9 1734 134 134 15 134 134 634 5 434 1534 2634 1034 234 13 634 63* 22 534 163* 134 1 54 1634 22 10 2034 134 134 6 434 15 434 3 100 % 80 134 34 k 13 1134 As 134 234 Sale 334 Sale 1534 17, 1034 1134 233* 25 5 534 334 33* 11 35 10 2934 IK 334 40 134 22 2834 134 334 26 23 34 2234 134 134 234 Sale 134 134 1934 21 1834 21 34 34 JA JA 334 8 334 8 5 34 534 534 534 134 2 134 234 109 115 10934 115 534 10 6 834 4*4 Sale 4*4 Sale 334 25 90 1*4 3 34 July 34 July 2 34 July 19 July July 1 11 5 July 2 1 3 16 1034 2234 434 3 34 54 2034 8934 134 As July 2 26 1 134 July July 11 534 July 16 19 3 134 1 18 2434 1034 Sale 134 July 3 34 July 1434 July 2234 July 10 July 2034 July 134 July 15 7 2 Apr. 29 Feb. 6 Apr. 4 Feb. 2 May 6 Jan. 5 1134 May 3 30 Apr. 15 Feb. Feb. Feb. Feb. Apr. Apr. 23 19 15 16 8 9 734 Jan. 2434 May 634 Jan. 34 Apr. 134 Apr. 3 534 34 134 7734 234 1334 534 434 50 6234 64 62 Sale 434 July 29 43* July 16 Feb. 63 July 3 Feb. 434 Jan. 26 28 9 Feb. 14 1934 Jan. 5 19 16 3 5 Apr. 9 134 Feb. 23 2734 Feb. 23 98 Apr. 6 2 Jan. 3 32 Feb. 8 Jan. 3734 May 29 2 Apr. Jan. Apr. 22 May 10 Jan. 2 Mar. 28 Apr. 10 2 Apr. 16 28 Jan. 15 134 Apr. 25 Mar. June 10 May 15 2534 May 2 4 June 10 5 3* Mar July 31 Feb*. 15 23 18 5 23 3 xlO 6 67 60 Feb. May May Feb. Apr. Jan. 28 May 4 60 2 4 1 May 834 Feb. 15 4 22 May 5 34 634 July 634 July 3 4 1134 17 34 134 234 134 May 1234 May 2234 July *10 Apr. 2034 July 134 June 18 70 734 1534 34 134 13 534 July 634 July 15 34 Mar. 3* July July 2234 July 10 July 2034 July 18 234 13 634 Feb. 14 8434 Feb. 6 134 May 22 3634 June 14 15 Feb. Jan. 24 Feb. 15 Jan. 4 Apr. 9 98 Jan. 8 34 Jan. 4 8 34 May 6 1034 Jan. 19 134 % May 24 Jan. 26 2234 34 34 May 18 6 834 May 17 5 July 2 10(4 234 134 May 21 108 May 14 112 7 634 Jan. 3 May 28 July 11 x 834 May 22 21 May 17 434 May 28 3 June 5 As May 22 3 7 9 334 9734 134 634 18 2 34 16 334 July 16 July 1134 July 2234 July 534 July 33* July 54 July 25 July 90 July 134 July July July July July July July July July July July 13 134 May 15 13* Jan. 25 334 July 17 1034 1734 45 76" "77" July 13 36 134 Feb. 6 June 18 334 May 14 34 Jan. 4 7 334 1 13 Sale 1 Sale 5 * 34 434 1434 1434 3 34 334 % Sale 134 234 234 234 4 434 1734 287% sT 16 7034 Feb. 21 234 Jan . 4 As Jan. 4 IX Jan. 3 May 28 1 34 5A 34 % 2 234 234 Sale 7234 78 81 7434 Sale 11434 11834 117 117 118 134 134 134 134 134 20 2134 23 34 1934 23 19 10 Dominion Steel & Coal B ..25 Dominion Tar & Chemical * 10 90 5 * 1 3,600 6 % preferred ww 20 2,200 Detroit Gray Iron Fdry com.. 1 14,900 Detroit Mich Stove Co 1 3,600 ""lOO . 34 Sale 134 234 1*4 2 734 8 _ 10,100 Daroy Petrol Corp 1,550 Davenport Hosiery 16,150 Dayton Rubber Mfg 20 _ 25c Crown Drug common 2234 Sale 534 Sale 10 25 10 134 May 23 15 July 332 34 Sale 134 134 1 Courtaulds Ltd Am dep rets 6 34 Jan. 34 Jan. 834 Jan. 2*1 Jan. 2 34 Jan. 234 Jan. May 18 4 2 23 Sale 9534 May 28 11534 May July 26 2 111 31 60 134 85 36,300 Cooper Bessemer Corp com. $3 prior preferred — * 3,900 — * 23,050 Copper Range Co.. 5c 11,000 Cornucopia Gold Mines - -1 9,500 Corroon& Reynolds $6 preferred A * 960 1 69.100 Cosden Petroleum com £1 for ord stk reg.. 5 117", 100 Creole Petroleum com Crocker Wheeler Elec Mfg * 32,800 1 30,400 Croft (The) Brewing Co Crowley Milner & Co com * , 400 5 21,700 Crown Cent Petrol (Md) Crown Cork Internat cl A * 9,100 3734 11334 108'34 July 34 2K 7 9 5% conv preferred 5 Highest Sale Prices 36 As As 27.900 Cont Roll & Steel new com—1 * 3,750 Cook Paint & Varnish Co 9,200 34 434 634 10 100 preferred 634 15,y 2 8% - 220 Sale Sale * Ltd 4M% series B pref 1,710 48,900 Consol Gas Util com 10,100 Consol Min & Smelt Ltd 3% Ask 64 6 1334 Cleveland Tractor com 200 Cockshutt Plow Co ... - Par Pow & Light 7% pref.100 Central & Southwest Utilities 2,955 Cent Bid Sale Prices Lowest July 31 1 July 1940 Shares 1 Price NEW YORK 100 RANGE SINCE JAN. PRICES IN JULY SALES Shares 43 TOBK CURB EXCHANGE Mar. 29 60 July 31 1334 934 734 2534 1234 534 Jan. 9 Apr. 25 Apr. 5 May 2 Jan. 3 Mar. 6 67 78 Mar. 29 Jan. 11 44 NEW YORK EXCHANGE CURB AOGREOATE SALES PRICES IN NEW YORK Since CURB Jan. 1 1940 Shares Par Bid 2,454 Driver Harris Co common—10 110 7% preferred 100 27,100 Dubilier Condenser Corp 1 3,450 Duke Power Co —100 5,300 Durham Hosiery cl B com * 29 STOCKS (Continued) 24 112 2 75 74,900 Eagle Picher Lead Co 10 25,300 Eastern Gas & Fuel Assoc * 38,170 6% preferred, ___100 25,100 43* % prior preferred 100 19 % 44 Sale 12 68 % 5% 7 1,034,800 Electric Bond & Share .5 101,025 &6 preferred * 29,400 $5 preferred * 8,100 Electric Power & Lt, 2d pf A..* 12,300 Option warrants 2,400 Elect,rographic Corp com 1 7,942 Electrol Inc vtccommon 1 2,025 Elgin National Watch Co 15 6,500 Emerson Elec Mfg Co com 4 150 Empire Dist Elec 6% pref__100 8,175 Empire Gas & Fuel 7% pf-100 4,750 8% preferred 100 3,690 6% preferred 100 840 63*% preferred 100 1,275 Empire Pow Corp part stk * 5,900 Emeco Derrick & Equip Co 5 90,300 Equity Corp common 10c 15,775 $3 conv preferred 1 32,900 Esquire Tnc 1 1,350 Eureka Pipe Line 50 100 Eversharp Inc common __1 70,500 Fairchild Aviation com I 574,700 Fairchild Engine & Airplane. _1 12,300 Falstaff Brewing 1 9,870 Fanny Farmer Candy com 1 68,200 Fansteel Metallurgical Corp..* 9,100 Fedders Mfg Co common 5 70 Fed Compress & W'house 25 200 Fiat Amer dep rets 34,700 Fidelio Brewery 1 1,750 Pire Assoc of Phila __10 14,400 Florida Power & Lt $7 pref..* 34,300 Ford Motor of Canada cl A._* 2,000 Class B voting * Ford Motor Co Ltd— Amer dep rets 37,800 Ord reg £1 600 Ford of France Am dep rets 1,800 Fox (Peter) Brewing Co 5 Froedtert, Grain & Malting— 7,600 Common 1 9,400 Partic conv preferred 56,800 Fruehauf Trailer Co.. Sale conv 1 ... preferred 100 220 Gamewell Co $6 conv pref Gatineau Power Co com 8% Sale 2% Sale Sale Sale 45 Sale * 5% preferred 6,500 General Alloys Co Elec Tire & £1 76"" "85"' it* 60 70 32* 61 70 26 3* 10 % 283* Sale % 12 7tf 7% 2% 16% 43 % 9 16 15 Sale 3% 13% 5% Sale 3 Sale 12 Sale 15 61% Sale 5% 65% 56% 16 Sale 15 Sale 1% 10% 2% 14% 12 25 27% July 30 1093* July 12 x2 July 71 1 July % July 30 July 2 % 17% 15^ 1% July July July July July July July July July July July July July July July July 24 Sale 223* 3% 67 62 11 Sale ~7% "7% 23% 12 6% 23% 12% 6% 25 4 80% %8 % 67% 68% 96% Sale 17 Sale 173* 17% 2% Sale 1H 1 85 Sale 61% Sale 70 74 Sale 57 57% 20% 21 59% 61% 24% %6 Sale 21% 3 3% 23 Sale 1% 2% Sale 6% Sale 18% 9 Sale 103* 7 8 34 57% 101 65 102 8% 9% 85 Sale 3% 26 2Vs 13* July 53* July 83* 23* 213* 493* 9 22 22 8 17 8 10 July July July 22 July 18 July 22 July 2 July 1 July 1 July 31 July 31 July 10 3* 173* 173* 33* 133* 63* x733* July 643* July 19 July 23* July 12 July 9 19 11 10 1 1 1 20 33* July 2 23 July 1 4 22 9 Sale 24 July 33* July 76 July 883* uly 87 July 88 July 86 July 12 11 3 13 15 15 15 93* July 3* July July 33* July 23 July 20 3 3 10 1 63* 18% 83* 83* 21 93* July 17 4 3* July 1? 7 July 2 203* July 24 93* July 30 83* July 20 July July July July July July 34 3*e July 583* July 102 July 8 3* July 83* July Sale 11 203* May 27 32% 1073* Mar. 23 110 1 3* Jan. 31 23* 64 Mar. 21 79% 3* June 17 13* 3* May 21 23* 5 8 3* July 2 14% 13% 3* 623* 110% 103* 93* July 2 July 11 July 15 July 31 July 1 it* 60 23 31 JtlnC 2 100 73* May July 63* July 173* May * 383* % 1% 74 J* Sale 1 % 13* 76 Apr. 9 153* Mar 28 7 83* May 363* Mar. 9 29 12 Feb. Apr. 15 70 A May 51% May 84 3* May Feb. 29 Mar. 26 113 173* Jan. 17 Apr. 2 June 25 3 3* Feb. 3* June 22 9 13* Jan. 173* May 2 9 83* June 83* July 3 90 31 853* Feb. 52 193* 373* 35 Sale 1 15 13* July 1 July 24 15 1 12 3* Jan. July July y 153* 40 3* 523* S32 % 57 1 July 24 43* July 12 July 30 July 3* June 52 July 31 ' 22 15 2 July 13* July 52 33 Sale % % % % 15 90 July 31 5 3* May 22 78 Jan. 27 13* Jan. July 153* July 26 30 July 22 3*6 July 55 July 16 11 3 5 July" 43* July 31 9 May 18 25 Feb. July 283* July % Sale 62 1023* 31 20 3* June 15 July 10 99 70 July July 32 31 16 11 Feb. 15 15% Mar. 7 16% Apr. 8 41 Apr. 29 V, Apr. 6 65 Apr. 17 bi Mar. 11 8 May 23 90 Mar. 25 3* May 22 48 Apr. 3* May 15 % May 21 1 11 81 65 3* June 10 65 19 3* .lune 50 ltt Mar. 70 Sale 65 5 '31 '64 70 9 8 563* 15 68 28 June 5 3* May 33 May 9 3* Jan. 31 15 17 25 62 12% May 10 6% May 6 6 103* Apr. 90 23 13 40 273* 3* % 18 52"" July""5 18 21 Sale 80 6 4 June 8% May 24 *113* Apr. 12 16 3* May 28 203* Apr. 11 19 3* May 23 323* Jan. 26 12 19 Jan. 12 July 12 12 27% Feb. 14 May 22 2 Jan. 30 May 21 41 Sale 70 8 27 4 5% Apr. Apr. 4 8 Feb. 19 3 19 17 17 18 43* 52 Mar. 93* July 183* July 233* July 14 July 18 July 35 July 5 50 Jan. 5 11 25 12 2 9 90 % 11 25$ Mar. May July May July 83-* % 193* 2 3* 83* July 18 July 223* July 12 July 143* July 30 July 33* 3* 25 Sale 183* Sale 12 Jan. 93* 1 30 17% 13* July 1 July 13* 48 22, 5 83* Jan. 3* May 22' May 22 s733* July 9 42 6 May 643* Apr. 20 Jan. 4 73* May Jan. 3 3* May Jan. 30 103* May 5 3* May 1% Jan. 21 May 29% Apr. 2 3 3* June 5% May 13 76 Feb. 24 79 July 55 3* June 883* July 13 56 June 87 July 15 57 June 88 July 15 57 86 May July 15 26 Jan. 13 24 3* May 3 51 13* 23* 163* 1 Sale 9 13* 3*6 143* 63* 523* 14% 14% June 3 Mar. 24% Mar. 9 553* Mar. 12 9 103* Apr. Apr. 18 28 Apr. 29 28 Apr. 30 43* Apr. 23 May 26 May 83* May 3* Mar. 13 May 14 May 2 3* May 12 Apr. 24 Apr. 1 Apr. 23 May 3 Jan. 9 Jan. 8 Apr 25 12% Jan. 6 3* May 1 3* May 12 3* 2 8 6% 9 88 July 3*6 July 19 % July Sale 14 % Sale 63 60% 107% Sale 10 15% 9 12 24 3 3 1 9 9 11 Sale 9% 18% Sale 13% 15% 33 July 3% July 76 July 61 July 613* July 60 July 613* July Sale 4% 6% 20% 8% 8% Sale 1% Sale *A 2 14% 17 11 Sale 19% 3% 22% 1% 30 13% 8 14% 29% 10 81 25 9% 9 Sale 8% 4% 8% 17% 22% 41 67 68 21% Sale 9 10% 10% 17% 17% 27% Sale 19 193^ Sale Sale Sale 73 29 "9" '16% 3% 70 Sale Sale 23% Sale 4% Sale 22% 24 W 100 97% , 53* . * 40 88 " 43* 39 98 393* 963* 873* 43* 44 33* 53* 7 3* 203* 53* Sale 233* 6 21 105 9 95 104 95 Sale lA .1 43* 45 23* 33* 27 24 * 11 84 Sale 73* * 43* 40 5 * 3* 3*6 Apr. 1% Jan. July 16 55 16 100 July 10 103* July 3 10 11 15 July 16 106 May 8 10% Apr. May 31 41 Mar. 32 May 21 88 May 28 101% Feb. 4 91 Mar. 87% Jan. 7% Apr. 4% May 20 May 403* July 26 49 3 53* Apr. 4 % Jan. 6 3* Apr. 8 63* Apr. 3* 103* 203* 43* 11 9 39 July 963* July 403* July 23* 43* 83* Sale 223* Sale 26 403* July 26 63* 203* 53* 931* A July July 5 26 16 July July 19 9 9 July 203* July 53* July 95 July 3*6 July 27 26 July 43* 63* 53* 3* 13* July 103* July 39 July 953* July 9j 13* 133* 223* 43* A 3* 13 2 June Apr. * Common 25c common. 1 ---.25 * * GyDsura Lime & Alabastine..* 5 com. com. 13,900 Harvard Brewing Co 7,000 Hat Corp of Am clB com ITaverty Furniture Cos— Conv preferred * 1 ] * 5 3* May 22 20 5 93 153* 253* 53* 9 17 263* 7 Sale 131 132 110 Sale 44 83* 443* 9 2 3* 23* Mi 3* 383* Sale 1123* Sale 109 112 23* 5 53* 53* "67"" "70"" 13* 3* 13* 6 3* 13* 3* 1% Sale 13* 12 133* 113* 233* 243* 223* 4% 53* 43* 6 Sale 6 63* 53* 126 1273* 125 128.3* 1273* 92 Sale 91 933* Sale 44 42 403* 43 36 73* 9 93* Sale 73* 13* 13* 3*6 /*6 273* Sale all2 Sale 13* o 30 ^ 110 13* o > Sale 113 110 1063* 1093* 109 1 5 13* 33* 73* 213* 73* 25 223* 57 64 67 Sale 8 Sale 70 % 3* A 13* %6 5 173* 30 173* 30 9% 323* May 21 113* May 17 May 23 105 A -Tan. 8 12 6 3 8 18 8 July July July July July July July July 13* July 273* July 1123* July 109 July 73* July 213* July 64 July 3* July 3*b July 13* July 53* July 113* July 243* July 43* July 6 July 1273* July 94 July 42 3* July 93* July 11 19 26 31 13* July 11 30 1 10 113 10 110 11 29 9 2 16 12 18 July July July 17 27 30 1 2 15 16 29 8 July 223* July 31 31 67 July 30 July July July July 2 16 30 18 3* 4*6 23* 53* 8 11 June 18 June 17 4 June 12 7 9 5 13 12 4 15 22 8 May 6 Apr. 19 Apr. 18 Apr. 26 8 Feb. 28 Jan. 17 Feb. 13* Apr. 25 1 .10 425 Hartford Electric Light...-.25 1 14,700 Hartford Rayon com vtc 99 9 50 com 38,500 Hall (C M) Lamp Co 13,500 Hammermill Paper Co 63* 45 4% 2,100 Guardian Investors 98% 1013* 100 8 10 103* 38 383* 393* 96 93 953* 80 Gray Manufacturing Co 10 Gt Atl & Pao Tea 1st pref. .100 Non-voting common stock.* Great Northern Paper Co 25 Greenfield Tap & Die com * Grocery Stores Prod— 900 Hartman Tobacco 97 1 com 104,800 Gulf Oil Corp 2,590 Gulf States Util 86 pref 85.50 preferred 970 Sale 1«4 _ 83 preferred. 1,900 * 8,300 Gorham Mfg Co common 10 5,900 Grand Rapids Varnish Corp.-l 53. - 7% Sale 2% 2% 21% Sale 48% Sale 9% 5 Sale Prices 25 13* Sale 24 45 Gladding McBean <& Co page Sale 1 5% Highest Sale Prices Rubber— 500 Gorham Inc class A see 59 "3" Sale" 12 k 133* 39 49) 87 oreferred 9,300 Goldfield Oonsol Mines 25 Goodman Mfg Co For footnotes 17% 18% 73* Sale 673* Sale 1 225,150 Glen Alden Coal Co 3,450 Godchaux Sugars class A Class B__ 7,100 6,700 Sale "l% "l% 430 Preferred 400 Gilchrist Co... 13,200 2,000 10,085 10,550 18,900 4 8 Lowest Sale Prices Co of Great Brit 1,085 6% preferred A 1,000 Gen Water Gas & Elec $3 preferred 1,400 4,090 Georgia Power $6 pref 70 $5 preferred 5,500 Gilbert (A C) Co com 50 17% Sale 8% 9% % 1 17% Sale 17% Sale 3 3% 12% 14 6% Sale 66% Sale 563* Sale 13% 16 1% 2% 100 American dep receipts 3,300 20,400 General Fireproofing com 170 General G & E $6 pref B 10,100 Gen Investment Co com $6 preferred 1,525 Warrants 6,500 970 Oon Outdoor Adv 6 % pref. 2,180 General Pub Serv $6 pref 1,700 General Rayon A stock 11,900 General Shareholdings 86 conv preferred 2,140 General 18^ Sale^ * """206 General 1 Highest Sale Prices 25 July 22 23% 26 July 106% 109% 108 2% 1% July 68 72 70 July 1% Sale 18 26 15 625 Fuller (Geo A) Co com 900 $3 conv stock Sale 33* Sale Sale 775 Eastern Malleable Iron Co. .25 16,800 Eastern States Corp com * 10,475 $7 preferred series A * 14,575 $6 preferred series B * 18.200 Easy Washing Mach class B. * 2,059 Economy Groc Stores com * 2% 1 2% Ask Ask Bid 19 31 % 2% 6% 4% RANGE SINCE JAN. Lowest July 31 July 1 Bid Ask 100 1 * 18,400 Duro-Test Corp common 14,500 Duval Texas Sulphur 725 JULY Price Jan. 2 EXCHANGE 25 8 1% Apr. 17 Apr. 27 9 28% Apr. ,-8 Apr. 24 11% Jan. 19 4% May 23 1233* May 23 135 88 May 24 114% 8 36 June 49% 6 % May 22 10% Apr. 26 Apr. 30 Apr. 22 23* 13* May 23 A Mar. 12 3* 25% June 10 39% 1073* May 24 114% 102 June 111% Jan. 12 Jan. 12 Jan. 4 Mar. 4 Feb. 1 53* Feb. 203* May 62 May % May 3* Jan, 13* Jan. 4 3* May 8 21 18 13 9 3 22 14 Jan. Apr. 9 3 Apr. 3 Jan. 10 Feb. 28 July 30 Apr. 5 40 % May 703* 1% % 2% 83* 30 45 curb exchange yoke new August, 1940] AGGREGATE new Since July Shares 400 500 2,900 curb Jan. 2 exchange Par (Continued) 5,200 Hazeltine Corp * 7,900 Hearn Dept Stores common._5 6,850 6% conv preferred 50 108,100 Hecla Mining Co 25c 9.000 Helena Rubenstein Inc 5,700 Class A * 2,600 Heller (W E) & Co common. .2 ^ 50 500 — 870 ""loo 500 1,100 1,100 3,700 200 1,100 3,800 13,300 7,600 9,100 21,500 7% preferred w w 25 Hewitt Rubber Corp com—.5 Heyden Chemical Co --ly Hires (Chas E) Co cap stock._1 Hoe (R) & Co class A . 10 Hollinger Consol G M —5 4,600 Holophane Co Inc common..* Holt (H) & Co class A part..* Ask Bid Bid 25 IIorder's Inc 400 12)^ "566 60 150 6,300 1,700 360 Sale 69)4 20 27 27 20 25 24 11% 12)4 12% 13)4 454 2,500 ""650 50 5,850 700 400 100 500 1,600 2,100 3,200 50 * 5 * 79,900 Hummel-Ross Fiare Corp 100 15,800 11,350 Hussman-Ligonier Co.: tHurler's of Del common 1 7% preferred stamped—100 7% pref unstamped 100 Hydro-Elec Secur common...* Hygrade Food Prod 5 Hygrade Sylvania Corp 854 7)4 1,200 1,300 800 700 150 80 540 2,210 7% preferred 6,320 Ind'polis P & L 6%% 300 100 100 2,500 100 2,500 "3,406 175 23,200 26,000 1,900 2,400 11 25 33 6)4 9)4 2)4 jpf—100 9 5)4 5)4 3% Sale Sale 3 26 % 6)4 5 54 12 Sale 13, Sals 5)4 8)4 5)4 3)4 23 2454 ~15% Sale 15 Sale 17 15% 111 Sale % 10854 Class B stock 1 1 % I 54 IX v tc 100 — 54 9 71 21)4 71)4 Sale 14 Sale 154 to* 850 600 1,600 200 275 420 190 8,800 4 2)4 8 54 8)4 3 X Sale "Y.166 """160 50 9,700 200 ■' 300 4,400 10 * * % 854 23 X 354 13,000 9)4 654 July 11 2 32 July 29 34 A July 2 A July 26 254 July 3 31 26 Sale Sale 554 8)4 Sale 13» 8)4 654 8)4 2 37 154 34% 2954 July July 15 July 52 July 5 A July 108 July 9 July July July July 10 31 30 l July July 23 31% 2 109 18 1 5 55 6 54 19 1 5 1 5 9 23 6 6 33 Sale 25% Sale 3A Sale 3)4 Sale 6 Sale 4)4 55 6 6 July 30 25 July 29 554 July 25 4% July 16 3 1A July 9 34 A July 12 354 27 A 6 54 4% 8 2 17 16 July July July July 554 3 si? 18* 5i* 22 24 31 19 4)4 July 19 9 1654 July 17 July 2 111 July 30 654 July 6)4 July 8)4 July 8)4 July Sale Sale Sale 554 July 6% July 754 July 6 July 12)4 5 3 A July 18 14 15 July 18 18 16 July 15)4 HO 11054 111)4 108 A July 654 6 54 8)4 6)4 354 1 — * Co— 100 100 100 100 * 9 354 54 1354 13)4 X 254 154 87 254 154 89)4 1J4 IX Sale 35 Sale 21 20 Koppers Co— 6% preferred 100 Kresge Dept Stores— 4% conv 1st preferred—100 Kress (S H) & Co spec pref..10 Kreuger Brewing Co 1 450 Lackawanna RR N J 72,300 Lake Shore Mines Ltd 100 1 45,100 Lakey Foundry & Machine__l 100 377 Lane Bryant 7 % pref 1 8,300 Lane Wells Co common 6354 18* 8 IX 4)4 2*4 954 5)4 Sale Sale 9 54 Sale 9)1 3 A 554 JA X 9J4 28 8* 9 3 54 A % 1454 13)4 Sale 54. At 2% 8 A 954 3 July July July July July July 11 8 May 20 May 22 13% May 21 15 13 1 17 16 6 June 11 5 54 May 29 9% May 23 2% July Jan. May July 13 A May 47 A May 26 108. 2354 Sale 4 954 Jan. 6 Jan. 6 11 24 16 Mar. 5 A July A July 29 11 54 July 6 July At July May June July 3% July 25% July 354 July 8 July 15 2 1 2554 July 454 July 954 July 15 30 30 4% July % July 14 July 12 July % July 10 17 4% July 54 July 1454 July 14 July 54 July 10 23 22 22 2 1% July 24 1)4 July 15 3 3 10 50% May 22 17% June 10 5 54 May 28 A Apr. 20 28 26 21 21 31 29 24 8% June 10 23% May 25 254 May 22 6 54 June 10 9 May 23 3% Mar. 13 % Mar. 11 12 May 21 12 May 22 A Apr. 10 1 % May 1 May 19 6 8 Jan. 113 % May 24 A July 5 At Jan. 3 9 Jan. 8 % Jan. 29 22 14 1 % 1654 7354 23% 15% 5% 5A 554 July 3 5% July 10 54 July 6 % July 6 July 1% July IX July 16 8 2 July 1% July 154 July 9 10 2 4% A A 65 "IX 254 X 13 10 5% 65 88 Sale 1% 1% 1% 2 54 At 1154 14 8% 10 354 4A 6% 10 63 354 July 65 2% Apr. 24 5% May 1954 Feb. 19% Feb. 554 May IP& 6 37 8 Mar. 20 Jan. 3 Jan. 26 Mar. 8 17 54 Feb. 9 54 June 24 13% 5% % 17% 3% May 7 254 Feb. 27 6 6 14 27 13 5 14 11 95 Mar. 9 Mar. 19 Apr. 6 Jan. 31 Mar. 7 Mar. 11 73% Mar. 30 Jan. 3 2 54 Jan. 9 2 8 1% Jan. 15 Apr. 11 8 10% Jan. 4 8% Apr. 75 Apr. 5 12% Apr. 10 26% Apr. 8 39% July 12% July 3% July 96 July 954 July 11 29 3 30 9 42 40 11 Sale 3 Sale 39% July 954 July 3 July 96 July 954 July OA 8154 June 55 June 1 May 154 May At June 11% June 9 May 354 July 3 8 90% May 10 12% 5% 954 June 17 120 5 Jan. Mar. Feb. 1154 12% May 1 Mar. 27 May 15 11X 5)4 954 Apr. May 23 95% May 27 102 May 23 109 18 June 10 36 26 % May 2 27% 97 55 56 15% 2 80 90 75 83 13 8 8 9% _ 10% Apr. 27 3 9 17 1 July 1154 July x5 A July 1254 5 454 July 30 13 July 1654 Jan. July 12 July 5% July 76 55 10)4 18 14 A Jan. 18% Jan. July 78% 40 42% 12% Sale 3 3% 3 7 7 3 9 77% 554 17 July 11 56% 12 5h bd Apr. 24 Apr. 23 Apr. 16 Apr. 4 Jan. 8 12% Jan. 7% May 29 3 % May 29 6% 111 Jan. 2 112% % At May 13 354 5 Feb. 20 Feb. 20 1 113 2 Jan. Apr. 21% Apr. 10% Mar. 102% May 5 A July Feb. Jan. 22 Mar. 3 Jan. 4% July 1254 12% 13% 24% 9 29 22 2 3 6 18 3 3 3 Jan. 6 Jan. June June 29 24 6 63% Mar. 11 June Mar. June June May 10 9 May \ 6 Apr. 24 9% May 7% Mar. May June 1 1 29 33)1 May 6 10 Jan. 3 254 Mar. 554 5% 5% 7% 22 4754 Apr. 1% June 28% May 2154 4% 4% 55 4 9 10% Feb. 10% Feb. 10 7 254 Feb. May July Apr. 25 59)4 134 154 54 1154 8)4 454 654 Sale 22 9% May 7 8% Jime 12 4% 1% 8% 9% 38 554 5 10 % July 11754 July 120 20 80 Sale 20 Jan, 25 11754 July 82% 56 Jan. 10 18 11 17 110 76 12 14 68 4 54 Feb. 8% June 4& 4 13 Apr. 8 May 9 22% Apr. 11 10 Apr. 16 92 July 31 94% July 3 100% July 9754 July July Sale 104% July 24 106 20% July 22 23% July 22% Sale 25 2654 54 60 12 X Mar. 9 14% Feb. 36% Apr. 22 3% Apr 5 120 Jan. 27 2 35% Apr. 7 11254 May 9 19% Apr. 29 54 Jan. 30 Sale 92 79 86 5 5 20 92 60 27 99% Sale , 47)4 11A 5)4 Mar. 27 1X July 5 July 2 54 July 954 July 9% July 3% July 104 A 5% 84)4 11 27% Jan. June 25 26 15 15 3 54 7 3% May 3 21% Feb. 21 7% Jan. 11 14 Apr. 3 12% Apr. 16 July 154 July Sale 5 3 4 1454 117 5 4 % X 2 1)4 108 55-4 Sale Sale 10% """ 3% x8* 9 4)4 54 1454 13 H 54 25 5 1 54 6% X 954 27 X A July 54 July 54 July 10 July 63 54 July 19% July 8% July A July % July 54 July 10 July 59 A July 19 A July 754 July Sale 23)4 4% Sale 354 Sale Sale % 54 1054 6354 20 8 54 19 11254 H7 24 1$ A 954 98)4 97 105 % . 93 90 104 116)4 120 54 A 54 10 A 59)4 Sale Prices 29 Jan. 17 June July July 1)4 July July 2 36 21 22 22 23 23 28 21 21 UA Feb. 18 25 10P. 554 5)4 10^. 11 120 18 Sale 11 8 1)1 500 73 54 7 6 6)4 6) Kennedy's Inc 5 454 5) 1,800 Ken Rad Tube & Lamp cl A..* Sale 30 Kimberly-Clark 6% pref—100 111 'A % 3,100 Kingsbury Breweries com 1 Kings County Lighting— 83 92 330 7% preferred seri63 B 100 62 68 450 5% preferred series D 100 154 Sale 32,700 Kingston Products 1 18,100 Kirby Petroleum 1 1 4,700 Kirkland Lake G M Ltd 1154 13)4 1,400 Klein (D Emil) Co common..* 10 Sale 600 KMnert (I B) Rubber 10 654 7)4 1 4,500 Knott Corp common 7 12 Kobacker Stores Inc com * 200 600 X 12", l66 2,175 5,400 2,400 SI.75 preferred S3.50 prior preferred 18)4 6X 1 230 Kansas G & E 7% pref 100 Keith (Geo E) Co 7% pref.100 110 50 Class B 51,600 Jacobs (FL)Co 7,000 Jeanette Glass Co Jersey Central Pow & Lt 2,200 5%% preferred 2,750 6% preferred 1,840 7% preferred 85,300 Jones & Laughlin com 250 Julian & Kokenge com 260 1,100 Registered 1 46,100 International Vitamin 63,100 Interstate Home Equip com..l 4,200 Interstate Hosiery Mills * * 4.125 Interstate Power $7 pref 4,900 Investors Royalty Co 1 9,250 Iron Fireman Mtg com v t c._* 28,500 Irving Air Chute common 1 9,600 Italian Superpower clA * 10 9 9 23 34 2)4 154 1% "2% Sale" 454 2.700 2 23 10 5854 21 18)4 754 Sale 10,000 Internat Safety Razor cl B—* * 8,000 Internat Util class A 50 6 17 July July 16 X July 7 A July 30 2 60 2 22,700 Internat Products common—* 1,000 23 16 9 70 Sale 54 Sale 500 7,700 July July 1854 July 954 July 7 July 11 )4 July 10 17 54 July 5 1134 1,200 8,400 17 16 2 IX 34)4 60 17 X 2.200 9 A July 8 A July 10 3)4 4 * 50 3 17 2 1254 5)4 14)4 Sale 6 2)4 29 1 888.500 Internat Paper & Pow warr 183.300 Internat Petroleum com 20,100 2,250 8 18 30 20 3 2% 28 X 18 200 July July 17 X July 5 July 9 A July 8)4 July 1 l Oil Co— 10 24,100 Insur Co of North Amer 6,600 Internat Cigar Machinery * 23,000 Infc Hydro-Elec $3.50 pref—50 "A" stock pur warrants 1 35,566 Internat Industries Inc 1,700 Internat Metal Indus cl A * 800 4 54 July 1 25 72 Sale »3S Non-voting class A 3,800 Industrial Finance 2,925 7% preferred 3,900 954 952 Sale 7 11)4 Sale 7% 8H * 200 Sale July 100 53 * Sale 12h July 1)4 July 15 11 9)4 68)4 16)4 854 7% 654 10)4 5)4 14)4 7 % 59 100 954 17 * 1.300 Am dep rets ord reg £1 90,900 Imperial Oil (Canada) ._.* 15,500 * Registered 13,900 Imperial Tobacco Co of Can..5 4,500 Imp Tob of Gt Brit & Irel. .£1 700 Indiana Pipe Line new 7.50 2.910 Indiana Serv Corp 6% pref. 100 Indian Terr Ilium 100 5% 3)4 Co A— Imperial Chem Indus Ltd— 9 954 7)4 72 15 Sale 67 23 A — 4)4 9)4 8 X 68 19 2 A 29 X Sale 30)4 '31X 10754 10854 108-54 109 -* 5% conv preferred 95,800 Div arrear ctfs 5,300 Illinois Zinc Co 175 Illuminating Shares ll", 400 31 % 3 20 10 9)4 7% 100 50 35,300 Illinois Iowa Power Co 95,100 1 % 21 16 Sale 2 29 1954 2)4 Sale 10 '~8% "9 100 5 5% preferred 2,750 Hubbell (Harvey) Inc 85,300 Humble Oil & Refining Sale Prices 27 154 1554 68 * 900 Hormel (Geo A) & Co com...* 3,100 Horn (A C) Co common * 10 Horn & Hardart Baking Co—* 7,775 Horn & Hardart common....* Lowest Sale Prices May 1% May May 4 May 454 Jan. 7 May 7% May 23% May Sale 19 15 ~ """250 Highest Sale Prices 20 29% 2% Sale 16% 18 X 6A 6% 4% 5% 8% 8% 8% 8% Highest Lowest Ask 20 28% 25 7% pref ex-warrants Ask Bid July 31 July 1 1940 stocks 1 Price york Jan. 1 Shares 600 RANGE SINCE JAN. PRICES IN JULY SALES In 15% 10 11% June 25 454 May 21 43% Mar. 11 25% Jan. 3 454 Mar. 25 x7l Jan. 12 100 May 13 9% June 4 12% May 10 June 7 9% July 2% June 2 5 35 Langendorf United Bakeries— 300 Class A 100 Class B 600 Lefcourt Realty com Convertible preferred-.. 600 3,566 2,000 400 850 100 200 S9.000 Lehigh Coal & Nav__.— 34,100 Leonard Oil Development—25 1 8,800 Le Tourneau (R G) Inc 5 12,800 Line Material Co 2,600 Lipton (Thos J)6% preferred 25 * 7,500 Lit Brothers com Loblaw Groceterias class A * Class B For footnotes 15 see page 53. ( ^ I 6 X 7 Sale X Sale 3454 3554 6 3 3 254 2)4 3 25)4 10 Sale , 54 11% 1A 30)1 154 % 1154 854 10 July % July July 8 July 13 July A July 2 2 % 26% 8% 1654 2054 15% 6% % 4% 6 X 4% Sale 8 154 % 4% Sale 32 954 16% 1% 2054 26 16 15 " 27 15 2 % At 2854 8% July July July July 13 July % July 9 1 26 16 27 15 Apr. 8 Mar 16 Apr. 10 May 22 1% May 21 % May 20 21 May 754 June 13 July % June 15 27 27 27 1654 Feb. 21 6% Mar. 16 % Feb. 23 6% Apr. 24 3 Mar. 12 Jan. 35 12 22 1 9 Jan. 3 Apr. 6 Mar. 9 Apr. 6 NEW 46 YORK EXCHANGE CURB AGGREGATE PRICES IN JULY SALES 1940 Jan. 1 113,000 JMaJestic Radio & Tel Corp.. 1 24,600 Manatl Sugar opt warr — 4,000 Mangel Stores Corp com 1 250 $5 conv preferred . * RRR * Participating preferred . 1.500 Common stock pur oc 3% 67 %6 July %a July June 10 May 28 1% May 21 3% May 22 92 June 3 June 25 20 June 15 18 25c 2% 14 10 Jan. 2 10 26 29 26 29 25 May 21 29 1 5 1 5 10 18 10 July 3 17 2 June 1 15 37% 2% 1% 2 1% 30% 31 10% 13 2% Sale 1 1% 2 2% 29% Sale 60 53 51% 1% 5% 136 2% 2 1% 5% Sale 4% 11% 3% % 5% 135 60 1% 5% 4% 11% 4% 17% 4 26% 3% 26% 3% 4% 27% 4% Sale ~~J{ % % 1% 36% % % 2% 40 70 % Sale % Sale 1% 2% 35% 40 65 vvW Metropolitan Edison Co- Middle States Petroleum— 15,820 Class A vtc —-1 10 July 3 2% July 10 1% July 26 2 July 30 29 July 23 % July July July 4% July 5 136 139 4% 15 59 2% 42 Mar. 8 May 9 Jan. 4 Jan. 20 Jan. 20 Mar. 15 Apr. 8 Apr. 8 Apr. 2 7Xt Jan. 2 1% Apr. 22 34 Sale 42,150 1 %6 July %6 July % 1% 24 24 13% 10% 1% 48% 44% 2% 6% 106% 29% 29 9 Sale $6 preferred— --* 103% 105% % Sale Michigan Bumper Corp—... 1 3,300 Mich Steel Tube Proa.—2.50 6% 8 22,600 % % Michigan Sugar common * 3,000 Preferred. 10 4 5% 1,800 Micromatic Hone Corp 1 ._ 7% May 22 % May 25 16 1% 34% 24 3 . participating preferred 58U 3% -1 —- 31 1 29 27 16 30 13 30 9 Sale Prices 9 "4% ~"4% b,300 Metal Textile Corp com 80 1 Highest Sale Prices 10 May 21 Sale % 1% Lowest Sale Prices 13 July 30 May 21 1% May 20 30 May 21 30 * 100 warr'ts- '§RR Mesabi Iron 8% 1% & 11,200 Ma pes Cons Mfg Co * Marconi Internat Marine— Communication Am dep ret 100 Mar gay Oil Corp ——* 10,800 Marion Steam Shovel com * 1,800 Mass Util Associates v t c 1 8,800 Massey Harris Co common—* 20,850 Master Electric Co 1 May Hosiery Mills— $4 preferred * McCord Radiator & Mfg B—* 1% 2% 31.800 McWilliams Dredging com---* 8% Sale 4,910 Mead Johnson & Co com----* 162 % 165% lb,500 Memphis Nat Gas com 4% 4V 5 2,300 Mercantile Stores Co * 16% 17 7.500 Merchants & Mfrs class A_—1 Highest Sale Prices %6 Sale . no Ask 12% July 13% 3 9% Sale 8% July 2 9% July 1 % % July 29 1% July 36 30 31 Sale 34% July 2 35% July 32% 26% July 32 2 28% Sale 33% July 2 1% 2 July 16 1% 2 July 4% Sale 4% July 11 4% July 4% 4% 99 105 101% 103 101% July 9 102% July 22 23% 20 19 21 2 22 July July 12 iff 50 Manischewitz (The B) Co--—* 23,000 Merritt Chapman & Scott 1.650 6 % % A preferred Ask Bid 13 12% Bid Lowest July 31 July 1 Ask STOCKS (Continued) Par Bid 13 10,250 Locke Steel Chain Co 5 Sale 104,000 Lone Star Gas * 103 Sale 70,200 Long Island Light common-. * 11 44 Sale 5,825 7% preferred series A—100 17,700 38% Sale Q% preferred series B.—100 10,800 Loudon Packing Co com.. — * 1% 1% 104,200 Louisiana Land & Expl com. -1 5% 5% 400 Louisiana P & L $6 pref 103 * 101 7,750 Lynch Corp com 26% 5 25 Shares „ RANGE SINCE JAN. Price Jan. 2 NEW YORK CURB EXCHANGE Since . 30 9 10 July 3 3% July 18 1% July 26 2 July 30 31 July 5 1% July 5% July 2 3 1 145 July 22 9 4% July 10 8 3% July 8 July 3 1 July 59 1 July % July 31 % July 23 1% July 5 35% July 25 25 3% 26% 4% 76 % % 1% 36 July July July July July July July July 27 , _ 1% July 26 1% May 21 21% Jan. 16 1% Apr. 39 Apr. 2 4% Feb. 29 2% Jan. 20 5 42 % July 30 2% 9% 4% May 22 123 May 24 170% 5% 3% May 21 11 18% May 22 3% Apr. 16 17 25 13 2 15 50 31 Mar. 18 17 % % 27 1 % 25 35% May May July Mar. July July 21 23 31 15 5 25 8 Mar. 21 Jan. 2 Feb. 24 4 Jan. 3 Apr. 29 Feb* 20 Jan. 4 Apr. 4 May 2 Apr. 22 Jan. 4 30% Jan. 10 4% July 13 76 July 15 % Mar. 7 8 % Jan. 3% Feb. 17 42% Jan. 5 . 97% 104 102% 106%. lt)4'% July 16 104% July 16 % Sale % July 1 % Sale 1 % July 5 5% 4% July 30 5 2 4%, 5% July 5% 3 /. 78 % July 10 8 % July 3% 5% 4 % July 23 4% July 23 7% 8% 7% 7% 7% July 27 2 7% July 5H Feb. 29 108% Jan. 10 % June 8 % May 15 8 Apr. 9 4% May 21 1% Apr. 15 %s July 10 4 6% Apr. 15 May 22 9 June 12 7% July 27 104 c 3 23,900 class Bvtc— 1 72,700 Middle Wedt Corp common-.5 Midland Oil Corp— 2,550 $2 conv pref -* 8 Sale 3% % 6% % Sale 2% 3 % Sale 6 Sale 15 Sale 2% July 18 % July 16 5% July 23 3 July 17 %sJuly 31 6% July 9 2% July 18 % Mar. 20 4% Jan. % Jan. 8 5 9% Jan. 11 7 15 June 10 10 _ 4% 4,075 10,000 20,100 600 11.500 1 19,825 ' , 60 1.170 * 3399 24,300 * $2 non-cum dlv shares 17% 18% Midvale Co -* 114% Sale Mid-West Abrasive Co 50c 1 1% Midwest Oil Co 10 7% Sale 10% 11% Midwest Piping & Supply Co_* 1 1% Mining Corp of Can * Minnesota Min & Mfg Co * 58 Sale 91 94% Minnesota P & L 7 % pref __ 100 Miss River Power 6% pref-100 Missouri Pub Serv common-.* "4" "4% Mock Judson Voehringer- -2.50 11 Sale ——- 205,500 Molybdenum Corp 1 13.400 Monarch Mach Tool Co com-* 16.790 Monogram Pictures com— — 1 2.599 Monroe Loan Society cl A—-1 900 Montana Dakota Utilities—10 X'RRR Montgomery Ward & Co A--* _ 5% Sale 27 28 2% 6% 6% 8 9 6% July 3 7 July 15 14% July 106 July 1% July 6% July 10 July July 110 July 1% July 7 July 10 July 16 15 16 2 18 54% July 91 82 92 94 July 120 107 Sale 114 110 July 3% 4% 4% 5% 4% July 5% 7% 6% 6% 59% July 94 July 114 July 4% July 17 19 31 15 24~" 1,575 Moody's Investors 26 partlc pref_* 1,100 jMoore (Tom) Dist stamped-1 600 Mtge Bank or Col Am Shs 173,500 Mountain City Copper Co—5c 34,850 Mountain Producers Corp—10 11.300 Mountain States Pow com—* 3 7% Sale 27% 4% Sale 5 % Sale §50 Mountain Sts Tel & Tel---100 8,400 Murray Ohio Mfg Co 6,750 Muskegon Piston Ring .—* 2.50 ;•--* -—100 1° 15 Corp--* 11 Sale Nat Automative Fibres com-. 1 8 16 102 109 1% 6% 9 1% 7 11 1 % 54% Sale 6% Sale Sale 37 % 1% 5% 16% 20% % 2% 7 Sale 19% 22% % 4% Sale 3 5% Sale 16% Sale 125% Sale 9% 10% 13 13% 6 7% 109% Sale 1% Sale 6% Sale 11 9% 57*' 58% 95% 7% Sale 39 1% 6% 165 17% 4% 2% 5% 17% 129% 17 39% % 1% 6 July 36% July % July 7% July 31 ~X July 17 %«July 12 7% 6% July Sale 161 July 17 18% July Sale. x22% July % July 4% July Sale 2% July Sale 4% July 17% 16% July 131 125% July 11% 9% July 15 13% July 7% 73% 7 165 18 23% % 4% 6* 3 5% 17 128% 10% 14% July July July July July July July July July July July July 11 10 12 29 18 16 1 30 16 25 30 29 Sale 1,900 Muskogee Co common 160 6% preferred 2,400 73,800 90,400 2,390 1,100 14,600 3,000 94,400 115,600 1,500 16,100 13 161 9,800 Montreal Lt Ht & Pow com--* _ 5% Midland Steel Products— . 4.910 Nachman Springfilled 10% 15% * 1 $3 conv preferred -.50 National Container (Del)-. 1 —* National Fuel Gas-- Nat Manufacture & Stores— * National Oil Products 4 14% 6% 68 Nat Bellas Hess com 1 National Breweries common—* National Candy Co com—— National City Lines com 10 7% 11 16% Sale 46% 46% 10 Sale 12% Sale 3 3% 43 44% %6 sale 15% 19% 7% 10 12 12% 37% 39% 9% Sale 11% Sale 1% 2% 31 34% 94% Sale 86% % 8 17% 7% 9% 13% Sale 43% 47 11 11% 10% Sale 1% 2% 33% 35 % July 16% July 17 July 40 July 9% July 10% July 2 3 1 5 17 33% July 16 14 July 8 45 July 24 11 July 30 11% July 1 34 July 30 National Power & Light— „ 27,950 1,800 45,700 5,700 22,700 3,625 30,200 * $6 preferred National Refining com --* Nat Rubber Mach com * National Steel Car Ltd- .-—_* National Sugar Refg— * National Tea Co 5% % pref-10 National Transit12.50 27,000 National Tunnel & Mines. * 33,200 National Union Radio new 30c. 52 56 10% Sale 40 Nehi Corp 1st preferred— 2,400 Nelson (Herman) Corp 2.600 Neptune Meter class A 2,400 Nestle Le Mur Co class A Nevada Calif Elec new 125 - 5 * * 6% 6 1 1 For footnotes see page 53. Sale 4% July 29 Sale 2 25 July July 1 5 1 11 7% July 27 7 July 9 9% July 25 15 July % July 8% July 1 2 18 July 17 July 30 5% July 1 30 July 31 8% July 9 8 July 15 10 July 12 1% July 10 1% July 10 8% July 3 90 3 ~ 15 4,300 N Y Auction Co common * 100 N Y city Omnibus warrants 8;550 N Y & Hond Rosario M 10 86% July 5 & u*m -10 com 89% Sale 2% Sale 7% Sale 7 7% 7% 10% 10 10% 1% 1% 1% 1% % 1 % 8% 8% 8% 115% 115% 118 84% 3% 3% 1, ' 7% 5% 7% % 3% cum-4% non-cum—_ 100 1,000 New England Pow Assn com 9,955 6% preferred-.--100 250 $2 preferred-— * 1,970 New Engl Tel & Tel Co 100 11,500 New Haven Clock Co com * 18,300 New Idea Inc common.-_* 32,400 New Jersey Zinc ---25 8,200 New Mexico & Ariz Land 1 600 New Process Co common * 5% Sale 23 26% 8 7% 6% ""9% Sale" 1% Sale % % 6,000 Navarro Oil Co .* 12% Sale 170 Nebraska Power 7% pref--106 114% 117 _ Sale 3 2 ""4% ""5% 25* 9 63% 20 65% 22% 114% Sale 4% Sale 12 11% Sale 54 % 25% 2% 1% 30 3% 1 20% 16% 6 July 15 6 July 15 Apr. 4 May 13 Apr. 10 May 10 Jan. 23 94 Feb. 2 May 6 July 19 1 117% Feb. 20 107 % June Apr. 4 3% May 18 2 5 11% Jan. May 22 5% 24% % 1% 6 139% 15% x22H % 2% 2% 4% 12 18 Apr. 16 Apr. May 22 Jan. 18 Jan. May 20 June 26 k 125% 6% May 28 11% May 28 5 29 8 15 21 2 4 2 9 6 10 May 28 Feb 11 June 16 3 June 10 1 % May 27 31% May 22 June 2 July 3% May 24 7 4 13 24 81% Jan. 29 35 May 28 7% May 21 76% Apr. Mar. 10 June 10 8% May 21 5% May 21 % May 14 16 July 9 10 Jan. Apr. 18 Jan. 29 171 26 Jan. 28 Jan. 31 30 % May 17 4% Jan. May 25 4% Feb. May 2l 6% May May 18 21% Apr. May 21 May July 1 142 May May May July Apr. June May 5% May 8% Jan. 1 May May May 110% May 84% May 3 May 4% May 8* Feb, 29 11% Jan. 3 11% Apr. 15 % Apr. 3 31 Jan. 25 11% Feb. 27 17% Apr. 22 47% Apr. 30 14% May 6 13% Jan. 25 3% Feb. 8 Jan. 3 Jan. 6 Apr. 6 44 97% 3% 6% 54% 11% 8% 12% 1% 1% 12% 117% 84% 13 Jan. 4 Feb. 20 Mar. 6 Feb. Apr. 15 Feb. 2 July 10 Jan. 8 Apr. 25 May 22 4 6 Jan. 7 1 Apr. 25 Jan. 26 2% 25 18% June 14 61M 16% May 10 June 8 9 8% July 63% Sale 62% July 24 68 20 21 22% 22 21 July 116 2 117 116% 112% July 5 4% July 25 4% 14% Sale 12% July 11 14% Sale 8 52% July 61% 1 % July 19 26 31 26 July 29 26 3 2% 2% July 17 2% 7 8* 10 12 July i!H 6 % July 16 July 4 19 May 23 97 May 28 120% 2% 1% Jan. 23 6% May 21 May 15 1 May 18 May 24 70% 75 11 16 4% May 12 July July July July July July July July July July 8 8 22 17 1 31 31 17 29 17 11 17% June 20 17 July 13 IV& 76% 25% June 22 136% 110 8% 3% June 10 10% May 23 67 49 May 24 July 19 26 July 29 18 May 21 May 27 1 Feb. Apr. 25 15% May 21 2 15 16% July 22 30% Apr. 19 A" 15* Jan. 12 Jan. 11 Jan. 3 Apr. 22 May Apr. 2 2 Apr. 30 Jan. 8 Apr. 3 Apr. 25 Apr. 25 28% Jan. 25 47 curb exchange york new August, 1940] AGGREGATE PRICES RANGE SINCE JAN. IN JULY 1 SALES Price new york In Since July Jan. 2 exchange Jan. 1 curb Ask stocks (Continued) Par Bid 754 N Y Merchandise Co com.. 10 107 1,960 N Y Pr& Lt $6 pref 3,330 7% preferred 100 N V Shipbuilding Co— 1134 Fou nders s hares 1 44,500 N Y State Elec & Gas Corp— 1,400 534 preferred 100 5 34 5,900 New York Transit -5 21 'A 3,380 N Y Water Serv 6% pref.. .100 5 34 391,700 Niagara Hud Pow com 10 10,275 5% 1st pref 100 86 34 Shares Shares ' 834 g, 500 100 340 490 3,100 80 100 160 16,900 800 30 2 500 100 200 80 800 T,406 800 4,700 2,075 1,400 200 110 220 110 200 3,400 450 200 19,400 525 375 750 60 120 50 1,600 1,500 750 450 5,300 900 5% 2d pref 21,000 Class A warrants 3,400 ClassB warrants 13.300 Niagara Share Corp 178,700 25,450 13,100 5,210 3,004 1,800 2,600 3,255 2,110 10,200 48,600 6,350 11,400 32,300 6,450 2,525 9,550 1,760 1,090 1,125 4,200 54,400 7,700 5,225 183,984 Class A 1,435 100 10,700 500 125 95 6% prior 150 800 300 50 200 22.900 5,100 25 60 200 100 ""750 300 900 ""166 125 200 22,600 1,400 700 4,800 4,400 "2~I66 1,460 100 2,400 1,800 300 1,200 900 100 50 20 4,400 50 400 3,100 ""160 900 100 Ohio Edison Ohio Oil 6% 4X 4 85 X 3Vs 70 8% X Sale 81 82% 2134 Sale 18X 17X 49 X 73 Sale 1954 20 22 50 49 X 50% ,?* 6% 1st 1st pref. 100 --100 pref Oilstocks Ltd common Oklahoma Nat Gas com. ... -. Sale 113X 115 IX IX 47 1,300 Pacific Can Co common ... 56,100 Pacific G & E 6% 1st pref. —25 5 34 % 1st preferred. 6,700 25 — * 1,675 Pacific Lighting $5 pref 985 Pacific P & L 7% pref 100 * 1,400 Pacific Public Service com 1,150 30,600 33 54 31 280 Patchogue Plymouth Mills. — 1,210 Pender (D) Grocery clA Ol&ss B 13,500 4,830 Peninsula Telep Co com 350 $1.40 preferred 900 Penn Mex Fuel common.. $7 preferred 4,225 2,770 Pennsylvania Salt Mfg 750 Pennsylvania Sugar Co 16,000 Pa Water & Power 4,200 Pep per ell Mfg Co 600 Perfect Circle com. 6 21X 454 Sale 3X' 434 '"§34 Sale" * * "42% "4434 11X 34 -* -25 12 Sale 14,500 — * * Co * Phoenix Securities, common_ —1 $3 conv preferred A 10 Pierce Governor Co com * Pioneer Gold Mines Ltd 1 Meter.* 111 Sale 167 X Sale 6754 89 26X Sale" 91X 29 7X 8 80 1,350 Pub Serv of Ind * Sale 36 10X 11X IX Sale 7X Sale $7 prior pfd—* * 6% prior lien see page 53. 21 31 IX 2% IX 40 9X Sale 42 Sale 4X Sale 8X 8% 6 OX 97 X 100X 109 110X 115 9054 Sale 50 Sale 12 22 July 134 July 5 19 45 48 1434 30% 3134 30 31 15 ' 34 X 234 2 31 30 24 16 pref 100 103 X 104X Sale 110 24 Sale 78 oaie Sale 12 X Sale 'ox "ox 13 3 9 3 Mar. 13 Mar. 29 454 July 16 100 May May Feb. 4 3 334 Juiy 234 June 7 3 34 Jan. 26 19 7 July 31 4334 July 16 15 July 22 2934 July 19 31 July 23 34 July 15 4134 July 1134 July 2834 July 31 July 34 July May 6 May 20 May 41 May xll May 27 May 30 May 34 Mar. 1634 Sale 1 25 July 26 64 104% 109 110% 112 107X 160 16 10 63 6134 66 69 % 27 5834 6634 2334 Sale 434 AV* Sale 6 30 3% 854 30 Sale 14 Sale 32 Sale 1X OX Sale 44 41X 954 c1(!H 00% Sale 11 10% 7734 Sale Sale 234 7 68 July July 60 68 434 634 11 1034 59 Sale 1134 8034 434 July 1 434 July 26 July July July 20 July 22 July 25 16 July 24 1 July July 10 234 2 July 334 July 934 July 32 July 1434 July 1X July 634 July 30 m 8 July % July 34 3% 4 5 65 1834 34 1934 34 3634 Sale July 334 July 4 July 55 July 1834 July 34 July 3434 July 534 July % % 3% Sale 18% Sale 35 34 July 3434 5X OX 6 3 3% 334 8X 834 6 OX 0% 102 93 105 87 Sale Sale 101 Sale 105 106 112 109 109 87 42 July July July 21 % Sale 73X 1634 75 17% 9% 0% 1634 Apr. 11 6 36 X May 54 July 2 21 28 112 11354 22 28 185 9 1634 24 7234 24 9034 24 2834 May 434 June 15 Jan. 19 Feb. 19 Mar. 11 May 3 Apr. 18 Jan. 13 Jan. 4 Mar. 14 4 5 834 Jan. 834 Jan. 120 Jan. 3134 634 1554 4734 18 34 2 11 Feb. 29 Feb. 8 Mar. 30 Apr. 1 May 3 8 Jan. June 9 May May May May May 65 June 104 134 May 734 June 11 Jan. 6 15 Feb. 7 134 Jan. 20 June 54 May 24 % July _ 254 4 July 4 July 5734 July 1834 July 34 July 35 July 634 July 34 July 4 55 16 34 32 July 30 15 111 9534 July 17 1 24 48% July 17 8 104 10734 10034 July 110 July 24 110 112 19 July 24 25% 24 X Sale 7334 July 13 8334 8234 Sale 1734 July 12 1934 1934 Sale 834 10 6 534 July 2 6 Sale 26 4 43 834 July 15 834 July 15 934 634 July 30 534 July 24 634 July 31 Sale 10034 July 16 102 43 Feb. 5334 May 53 May 22 May 8 4 10434 108 110 113 9134 93 4234 Sale 102% 110 10934 U5 July 18 15 June Apr. 34 May 9734 May 10334 May zl5834May 64 10 34 8 3 15 1 9 % 3X 10 34 Jan. 3534 Jan. 49 34 Feb. 6 1034 July 5934 July 11 July 7834 July 234 July 8 July July 534 Feb. 27 3% Jan. 26 1234 Feb. 21 3 Mar. 21 234 Jan. 3 2234 Apr. 15 3834 May 8 65 Jan. 11 39 934 July 55 July 11 July 7534 July 20 26 17 29 11334 June 2934 July 334 May 5 May 2034 May 934 Jan. 19 11634 July 2 % X 15 2 45 Sale 1034 7834 July 6934 July 63 14 21 32 34 Apr. 30 12 17 26 25 11534 Sale 115 31 2934 29% 334 3% a 4^ 734 8% Sale 29 30 X Sale 1334 12 1334 134 134 Sale 6 634 Sale 43 15 12 11134 July 15 July 23 5 170 15 10734 July 16 60 734 8 9 26 1 9 2334 July 9 Feb. Jan. 17 7 33 64 6 6 Jan. 234 May 27 134 May 21 1134 Jan. 15 234 July 1734 July 134 104 10734 10734 July July 110 % 11134 111 164 July 170% 173 Apr. May 28 11 634 Feb. 23 Feb. 6 20 June 72 834 Feb. 13 334 Feb. 20 1534 34 X 3134 10834 9534 1334 Feb. May 2634 May 28 20 134 July 1434 July 65 5 3 Jan. 2134 Apr. May 24 134 July 22 40 7 Jan. 50 117 5 23 22 234 Sale 64 IX 31 8 Apr. 11634 Mar. 20 1 10834 Apr. 5 834 Apr. 534 July 1334 May 39 May 100 May 134 Feb. 25 36 17% X Mar. 28 334 July 27 2434 May 10 11034 Mar. 12 107 Apr. 5 1 11634 Feb. June 96 1334 July 3334 July 30 July 10534 July 86 July 634 July 26 Sale 7 1834 65 8X 22 3 3834 May May 8 Sale 754 25 Jan. May 1 6 11734 May 934 Apr. 18 4 1534 Jan. 21 Apr. 15 11034 May 104 May iVA 38 6 8 Jan. Jan. June 15 of Oklahoma— 7% prior lien pref 100 59,450 Puget Sound P & L $6 pref—* $5 prior preferred * 35,925 75,900 Puget Sound Pulp & Timb—* -5 575 Pyle-National Co com 10 4,300 Pyrene Mfg 720 30 1 Jan. & Mar. 14 May 94 55 X Sale 93 100 100 $6 preferred Public Service 9 29 X 6 Sale L E RR—50 Pittsburgh Forgings Co -1 ~ii% "12" Sale Pitts & Lake Erie RR 50 56 10 X Sale Pitts Metallurgical Co 10 Pittsburgh Plate Glass com-.25 100 X Sale IX Pleasant Valley Wine Co—-— 1 IX 9X 10X Plough Inc common———7.50 Pneumatic Scale Corp Ltd—10 Polaris Mining Co.— 25c "lX "ix 6,700 Prosperity Co B common.... Providence Gas Co 1,500 Prudential Investors com— 32,800 $6 preferred 4,050 Public Service of Colorado— 25,600 26,500 3 2 X 3X 10 8 1734 25 4134 Sale 11% 14 115% OX OX 95 16 234 July 334 Sa!e 8% 7 Sale 8 22 July July July July July July July July July 154 July 60 2X 1** July 5 1334 July 32 July 29% 2934 July 100% 10434 July 82 July 85 OX 19 35 IX 18 8 107 10 Mar. 27 110 June 16 101 Feb. 16 19 May 52 26 34 June July 2X 2 X Sale 12 19 27 5 11434 July 12 11534 8 113 11234 July 106 July 22 106 534 534 July 19 18 8 17 July 8 4834 45 July 1 114 112 July 1 4X 434 July 5 2X 10X 5 19,300 5 17,800 Powdrell & Alexande^com .* 400 Power Corp of Can com 6% 1st preferred—...—100 110 .---* 6,800 Pratt & Lambert 45,600 Premier Gold Mining 875 Prentice-Ilall Inc com Pressed Metals of Amer _1 12,700 Producers Corp of Nev__ —-20 9,900 925 33 28X 29 X 29X 10 5 X 108 104% 82 X 85X Sale 4% 434 OX 10X 1634 19 29 1 2 334 July 2134 July 16 14 Sale 13 15 Sale 32 100 6 IX 3 IX Sale Sale Sale 2 ... 5 2% 1% 234 Potrero Sugar com 1,575 6 5 25 7 July 1134 July 1634 July 31 July 8 Feb. "~6~" 2X 2.50 -1 1 * * * * -* -50 20 100 preferred preferred — 6 X Phillips Packing 6% 1st 7% 1st Sale 29 550 Pitts Bessemer & 42,700 13,180 12,000 42,300 8,700 8,200 4X 114 113 _50c "~X '"% — Pitney Bowes Postage 90 X OX 20 1 30,000 Pharis Tire & Rubber Co 12,400 Philadelphia Co com----- — * 340 Phila Elec $5 div preferred-- * 25 1,925 Phila El Pow 8% pref 11,600 959,200 61,600 13,100 64,800 32,500 Sale 3154 89 $1.30 1st preferred * Pantepec Oil of Venezuelae American shares. Paramount Motors Corp .1 Parker Pen Co -10 Parkersburg Rig & Beel Co-.l 1,100 Penn Traffic Co.24,800 Pennroad Corp com 23,600 Pa Cent Airlines com 375 Pa Edison Co $2.80 prei 150 $5 preferred 1,810 Pa Gas & Elec class A 1 270 PaPow& Lt $6 pret 112 12 13 11 July July o Sale 16 1 July 101 U4X liox 115X 116 112X 111% 113 108 105X 107% 102 X 106 7 OX 5X W Sale 18 17X 16 45 48X Sale 42X 1 ~~7X "9 234 334 * 2,935 Overseas Securities Co 20 105 107 106 2 10334 July 2 11134 July 234 July 100 3 Filters B Omar Inc 382.800 9X 19X 834 19X -5 15 50 * preferred $5.50 conv pref Oldetyme Distillers $3 Sale 105 102 98X 9834 "492 preferred--100 pref Ohio Pub Serv 7% Sale 107 12 15 4 27 ( 3X Sale 21X Sale 2X 17 10 24 June May Jan. May May May 57 May 15 May 15 May 4434 May 34 Mar. 234 May 95 May 97 May 6 May 7 May 12 May 3« July 107 July 634 July July 10H 10 15 July 32 2834 July Apr. *»i Jan. Feb. 554 9954 7134 934 134 534 134 10334 2634 20% 834 34 334 34 July 3 Mar. 28 1 334 May 85 5 Jan. 87 50 5034 July 101 Jan. 634 92 34 May 9 34 July 334 July 18 1 34 July 8234 July 30 2134 July 31 20 May 10 Apr. 16 29 !j2 Jan. 6234 July July July July July 1834 July 20 July 50 July 3% Sale July July 70 Mi July 34 Jmy 434 July 90 July 82 X 334 % 70 X 108 May 534 Jan. 17 May 334 May 73 May 66 July 98 8X X X „ 434 July July 66 July Me July 34 July 4 July 86 July 60 July 80 04 7 Sale July 19 JX 95 59 03 X 8X 7 50 JX 90 2 * $6preferred- — --* Ohio Power 6% "2",600 For footnotes X 5854 27 Ohio Brass class B 140 ""2§0 332 85 4 Ogden Corp common— 390 6,550 4,075 1,400 72 Mi % Mi % H Hi 54 * 3 2% 2X 254 3 34 Oil-.- — --5 102X 102X 101 Sale Nor Ind Pub Ser 6 % pref _ _ .100 100 110 110% 107 7% preferred 100 Sale OX 6X 7X Northern Pipe Line 10 1034 10 X Sale 14 % Sale Nor States Power A --25 Sale x5X 15 10X 1834 Northwest Engineering. * 35 3034 2734 3534 3634 Novadel-Agene Corp 110 20 80 X North Cent Texas 350 ""200 78X 10634 July 534 July 20 July 534 July 2334 Apr. 22 May 21 11 3 1834 July 12 10134 July 534 July ox ox 21 19X 4X Sale 82 81X 69 05% Me X Sale "534 OX 25 54 49 50 preferred Sale 7 934 Mar. 11 May 28 Jan. 19 98 May 23 109 6 10334 May 25 11834 Jan. 734 July 27 17 July 15 2 106 1 11634 July 11 106 105 Nor Amer Util Sec com 700 200 101X 5X Sale 27 26 * -* Sale 08 84 * cl A Class B common 100 15,400 5% Sale Sale Sale is V Sale* 1 JPow com $6 preferred North Amer Rayon Highest Sale Prices 1734 July 18% 17X 17X 10X preferred Nor Amer Lt & Lowest Sale Prices 7 7 July 7X 7X 10034 July 104X 106 103 114 115X 10934 July 10934 Sale 13 534 class B—5 Highest Sale Prices 7 -3 Bf ----- Ask i 99 100 ... Bid Ask Bid -100 29,500 Niles Bement-Pond com * "67 34 Sale 400 Nineteen Hundred Corp B...1 rA 18,300 Nipissine Mines. 5 10,700 Noma Elec Corp com 1 450 Oliver United """50 Sale Lowest Sale Prices July 31 July 1 1940 July July July July July 19 24 29 27 July 31 31 434 34 234 834 434 95 May May July July May May May May July May May May May Feb. 99 June 29 1334 Apr. 26 6134 Jan. 5 1334 Apr. 17 Feb. 234 July 29 1 134 Apr. 18 434 Jan. 4 854 Feb. 1 8154 Jan. 24 24 X Apr. 8 134 Jan. 13 42 Mar. 9 Feb. 13 % June 4 10 534 934 934 10234 xl0434May 16 107 109 June 10 11334 67 May 21 10634 35 May 21 5934 10434 June 1334 May 58 May 1154 Jan. 754 May 454 May 8 834 Apr. 45 Jan. Feb. Apr. May 5 7 6 7 May 14 Mar. 19 May 3 May 3 10934 Feb. 11334 May 28 3234 Jan. Jan. 21 86 May 26 29 22 1054 Apr. 734 Mar. 28 14 9 10 10 10 12 7 48 NEW YORK EXCHANGE CURB AGGREGATE SALES PRICES YORK EXCHANGE NEW In Since July Shares Shares 370 Par (Continued) 117 118 K 150 153 100 1,000 30 8^0 100 3,900 7,200 9,425 3,500 13,300 3,100 580,900 8,300 7,300 1,800 25,100 200 1,325 200 1,100 14",800 '""loo 1,000 $3 conv pref Raytheon Mfg (Daniel) Reiter Poster Oil Corp Reliance Ei & EngCo Republic Aviation Corp t Reynolds Invest com Rheem Mfg Co Rice Stix Dry Goods Go 100 '""566 400 300 "5",400 50 2,000 300 8,300 "9", 300 125 1,900 1,100 5,300 — •200 16,412 27,900 2,900 1,200 375,499 39,100 3,750 41,500 350 600 6,100 5,800 4,400 500 2,850 200 """600 | ~9", 900 350, 228,600' 300 26 July July 12 31 July 34 July 49 July 18 3 31 1154 July 4254 July 5 July 134 July 54 July 31 8 M July 2 July 200 1,400 50 310 500 " 200 1,300 7,700 42,800 500 6,300 300 63 47 4 "1".206 " 200 1,200 250 600 * immons-Boardman 100 SVa 1 K 39 X 1,500 3,200 75 214,000 5,100 350 700 900 900 8X K 5K 51 k 54 K 35 X 4 k 834 X 2 54 X Sale Sale OX S4X Sale % i 40 J4 Sale Sale 10 X Sale 42 23 53 July 23 44 June 24 2 12 954 July July 31 16 30 3754 July 30 29 1 July July 54 July 31 13 24 29* 0* Sale 14 Sale 152 3 34 1134 7134 10834 18 com 1 Calif Edison 6% pref B..25 o 108 IX 18 V* 4% 2k 2934 preferred 30^ 29 2954 44 % 45 X 40 46 34 162 7r< 170 4X 2X 5X 2X "Jh "5X 41 Sale 21X 134 ..... 3k OX 734 Sale 23 1 10 14 Sale 134 54 34 7 34 19 X Sale 1634 IX X 11 .and Invest $5H preferred..* ji 10 10 25 100 2k k 2 12X Sale 20 X Sale 32 Sale 107 X 108 X 1 At d* if* 31 104 % Sale * . 1 1 29,200 Standard Silver Lead 5 29,400 Standard Steel Spring Co 1 2,300 Standard Tube class B Standard Wholesale Phosphate 20 9 k Sale lk 734 23 IX 54 16 7 34 1634 154 1254 10X Sale At July 22 12 15 22 21 17 21 28 21 12 14 31 22 21 6 June 10 Jan. May May May June May May 23 27 15 - 53 Mar. 954 July 1 8 31 Jan. 1 2 5 Apr. 40 Apr. 30 134 Mar. 834 Jan. 2 5 Jan. 16 54 Jan. 634 Jan. 2 11 5 28 28 9 29 2934 Mar. 13 18 5 5934 Apr. 23 60 Apr. 6 134 234 834 654 1854 At Jan. May July 334 May 10 May 6234 June 106 May 554 May 8 May 6 434 July 12 July 7534 July 11034 July 17 18 13 July 17 July 134 July 1 1 19 Sale 10034 July 2 154 July 9934 July 101 3 2 54 134 3 k 134 30 2834 4434 134 6634 5 15 108 19 8 July 2 July 9934 July 1 2 8 134 54 July 154 July 154 Sale 3 34 July 154 3034 154 July 29 54 July 2834 July 40 July 134 July Sale 46 154 25 1 1 25 1 25 2 12 % July 154 July 75 334 .7 34 334 1734 5 534 3354 2034 154 834 34 7 134 July 5 July 3254 July 22 July 154 July 854 July 34 2454 iJ* 134 154 At 1 834 1834 3 22 15 8 10 134 July 27 Sale 734 At 754 34 26-54 134 24 1834 22 24 , 734 At 2234 July July July July July July July July July July July July July July July July July 24 X July 2 34 10554 34 154 Feb. Jan. 5* Apr. Apr. Jan. 234 3054 3034 4634 2 17034 654 1154 434 Feb. May Jan. Jan. Jan. 20 44* Jan. 35 At Jan. 1 May 134 Mar. 34 Jan. 634 May 1534 May 1 734 1634 26 34 10034 34 34 20 18* 2 22 6 23 21 23 May May June May May June June May Mar. May At Apr. May 1 Jan. 6 May 7 Mar. 11 21 Jan. Jan. Mar. 12 Mar. 12 Jan. 72 Mar. July May 8 34 834 1834 3434 10534 34 34 2554 734 134 Apr. 24 954 Mar. 26 26 Jan. 8 28 155 134 May 8 May 34 July 8 34 July 17 July 30 2454 34 5 31 12 53s June 21 28 134 July 834 July 18 July 434 434 234 14 34 Jan. 2234 Apr. 22 1 134 1234 9 34 1834 834 10 5 34 July 3334 July 22 July L34 July 9 July 134 July 18 23-54 134 3 12 26 17 22 29 30 10634 10434 34 % 34 34 Sale 34 24 24 734 July 334 July July 35 1154 2 17 34 July 634 July 16 July 734 1534 34 104 7 3 34 July 10 24 10 IX July May 34 Feb. May 66 20* Jan. 95 167 9 12 10 Apr. 4 11454 Jan. 10 1134 Mar. 7 1534 Apr. 16 334 May 154 May 27 May 24 34 May 35 May 134 June 154 July 3034 July 29 July 40 July 134 July Mar. Mar. 13 Apr Apr. 100 134 Jan. 54 June 954 Mar. 100 May 18 4 34 July 150 Sale 25* no*8 10534 JAt 106 34 20 40^ Sale** 1 27 60 Sale 154 Sale X * 134 Sale 9 At Sale lk 2% 2 75 ,?* i/ 5 3234 *58 20 23 154 04 X 146 154 12 20 49,600 Standard Oil (Kentucky) 62,800 Standard Oil (Ohio) com 5% preferred 2,100 266,200 Standard Power & Lt com Class B common. 10,000 $7 preferred 2,070 18,200 Standard Products Co Sale 29 X 25 IX 3 July 6 34 July July July July July July 434 July 1 July 25 4 X Sale k 154 -.25 64 54 July 2 54 July 2234 99 X % 154 Sale 334 Sale 2 154 1 Common Sale 95 Sale Sale 16 45 1034 July 1934 23 434 Sale 1J4 Sale X 4k 1 July 15 22 21 1 6 S3 2X ..... 34 July 1 17 16 134 1034 745/8 10834 434 1134 lk 2 154 4 9 29 July lk 7 K 10 1 47 1." lk 9 5% Sale 18 J* 18H 94 X Sale 113 X Sale 1 25 1234 Jan. 2 334 Mar. 8 334 Feb. 6 Jan. 5 Feb. 24 Mar. 20 5 Mar. 7 4 1554 Jan. 50 Apr. 13 5 July 12 234 Jan. 6 2 Feb. 5 .4 34 Jan; 24 1534 Apr. 30 454 Apr. 10 8134 May 3 May 6 Jan. 24 35 Jan. 18 1 Jan. 26 14 Jan. 17 34 May 13 May 21 July 12 Mar. 7 July July July July July July July 454 54 54 35 54 3 34 834 54 2 34 35 37 42 49 38,500 Standard Cap & Seal com Conv preferred 12,350 Standard Dredging Corp— July 3754 54 3 34 8k 54 2 k 47 40 * 100 Singer Mfg Ltd— Am dep rets ord reg shs—£1 Sioux City G & E 7% pref. 100 Skinner Organ Co common.. Solar Mfg Co Sonotone Corp 1 Soss Mfg Co 1 For footnotes see page 53. 19 53 Pub pref & Acid Works 1 July 634 July k July 60 7 k X iH 600 250 July 34 July OX At k 1 Sale X 5 __— 10 Sale .25 25 7,300 Southern Colo Power cl A 30 7% preferred 100 140 South New Engl Telep Co..100 hern Phosphate Co 1,300 10 21,300 Southern Pipe Line. 10 * 18,600 Southern Union Gas com Preferred A 1,025 25 22,300 Southland Royalty Co _5 26,900 South Penn Oil 25 2,300 So West Pa Pine Lines 10 •aiding (A G) & Bros Inc 10,100 1 5% 1st preferred * 3,020 Spauish & General Corp Ltd Am dep rets ord reg shs 400 £1 4,900 700 Stahl-Meyer Inc com * 3,750 20 10 46 X IX IX conv 6 19 ,. Allotment certificates. $1.60 July 24 17,400 South Coast Corp 4,400 1,300 3 23 * 0X% pref class C 5% original pref 120 July 29 k * $5.50 prior stock 1,050 300 June 10 28 54 July 5 * common 15,400 2,300 250 42 1 1 2 59 39 * 634 Apr. 9 34 Apr. 0 1954 Mar. 27 534 Jan. 4 254 Apr. 5 18 31 4 34 July 6 n. k Feb. 16 13 54 Mar. 13 21 20 12 July 234 July July 56 Sale 36 2 10 .Ta 9 11634 Feb. 14 Jan. 54 July Sale Sale 7k X 19 234 Jan. 6 21 21 10 1 Sale 3X 57 X 11634 Feb. 11 May 6 May 154 Jan. IX May 4 July Apr. 31 1 27 10 5 24 34 Jan. 5 At Jan. May 28 10554 July May 21 10434 July 25 22 24 12 12 Sale 15 17 Feb. 2654 Jan. At July 24 May 27 July 8 At Jan. 9 12 34 June 3 4 May 15 134 May 22 Brook Water 10 "l",706 5 5 16 July lk Feb. 4 94 95 9 26 Feb. 41 11 At July 2X IX 14 22 17 254 May 8 May 40 May 454 July 134 May 54 May 2 May 9 May 234 May 48 X May 434 May July May July May 22 54 May 54 July July 24 July 25 iu 200 July 934 July 4254 July 454 July 134 July k July IX common 24,100 ""800 20 3 12 % 30 pref 2,400 1,000 300 31 454 July X July 1 3,860 SingerMfg Co • 16 Prices Feb. July X June 20 1034 Feb. 6 34 Feb. 16 21 1634 May 22 454 May 17 24 17 17 16 100 630 At July 4X July 8 5 54 July 3 10554 July 16 10434 July ; *4 2X IX Segal Lock& Hardwardcom__l Seiberling Rubber com—. * Selby Shoe Co com * conv 5 30 434 July 134 July 12 Warrants Securities Corp Gen'l com— Corp 634 May May 34 June 54 May 34 30 July 5 434 July 134 July lk * 11,800 " 4k IX 14% 4X Sale 9 It* 87", 600 Sentry Safety Control "200 July —-5 ; Service $6 preferrek. Scullin Steel Co common Seeman Bros 19 19 2 3 k 1 * Selfridge Prov Stores, Ltd— American dep rets reg £1 1 900 Serrick Corp class B com 1 2,100 Seton Leather com * 58,225 Shattuck Denn Mining 5 7,000 Shawinigan Water & Power..* 35,200 Sherwin-Williams Co com—25 2,100 5% cum pref A A A 100 1,100 Sherwin-Williams of Can ilex Co (The) common._. 1,900 ""200 14 Wi 40 X 1 Selected Industries 4,350 Convertible stock 600 14 X 5X Sale — Scranton-Spring 50 4,200 3,100 July July 34 July 134 July 2034 July Sale 60 X pref * Ryan Aeronautical Co 1 Ryan Consoi Petroleum Ryerson & Haynes Inc com—1 St Lawrence Corp Ltd. * A $2 conv preferred.. 50 St Regis Paper Co —5 7 % preferred 100 Seranton Lace Co 12 41 At June 20 534 June 13 34 Feb. 16 12 a 3 * * conv Scranton Elec $6 """700 70 July 10 4 12 UK 11X Sale 7X Russeks Fifth Ave Inc. _—2.50 Rustless Iron & Steel Corp 1 1,300 Savoy Oil Co 6,400 Schiff Co com 50,300 Scovill Mfg Co At July 6 115 1 10,400 Samson United Corp com 100 2 834 July July 24 2 34 July 5 134 July 3 1934 July 5 July 30 At July 24 18 26 k X X At 34 July 99 X 103 103X 104X 10234 July 99k 102 103^.104^ 104 k July At 20 preferred Rossia Tnternat Corp Royal Typewriter com conv 73,255 Salt Dome OilCo, '"loo 4,500 K 4 6H 2K * 50 Sanford Mills 37,999 1,700 IK — 20,100 1,300 230 387,100 14,250 900 6 1 Root Petroleum Co com $2.50 8 k Sale 13 X 1 com Rome Cable Corp common—5 Roosevelt Field Inc 5 $1.20 1 Highest Sale Prices Sale 94 June 10 125 142 May 21 155 8 13 May 21 1 1 _* 900 Roeser & Pendleton Inc 12,500 10,500 12,000 3,200 16,100 6,850 4,600 74,400 1,850 2.000 13 4 16 12 40 1 1 IX 19k Sale 4 k 5X At X 11X 13X 4 X Sale Lowest 8 10334 July 18 155 July At July 554 July X 6 11/l6 ..50c 5 1 ... 40 20 4k .. ""800 IX 19 12 42 10 9 42 1 2 X com Richmond Radiator A* 8k * — 7,, 37 k * Reed Roller Bit Co.. 4,250 Rochester G & E 6% pfD__100 175 6% preferred C .100 Rochester Telephone Corp— 10 6 X% 1st pref 100 375 50 Sale At Sale 554 OX x Sale x * 50c Red Bank Oil Co Reeves X Sale 12 K Highest Sale Prices 100k 103X 101X 103X 10134 July 155 Sale 150 150 July 5 12 93/8 9X 16 9 Ask Ask Bid 145 — com Rio Grande Valley Gas Co— 18,300 Voting trust ot,fa 1,900 """166 12U Lowest Sale Prices July 31 July I Bid Ask 100 * ... Radio-Keith-Orpheum— 12,600 Option warrants 2,495 Railway & Ligbc Securities—* 1,300 Rys & Util invest ci A com—1 Raymond Coacrete Pile— 6,000 Common * 7,900 . Bid * 4.140 Quaker Oace.com 2,890 6% preferred 1,150 Quebec Power Co 80 RANGE SINCE JAN. Jan. 2 1940 STOCKS IN JULY Price Jan. 1 CURB Apr 3 19 Mar. 16 Jan. 23 Apr. 9 May 1 May 1 Apr. 29 Jan. Feb. 3 24 Mar. 21 Apr. 2 At Jan. 2 234 Mar. 21 2 Jan. 4 34 Jan. 23 1654 Mar. 23 24 Mar. 15 234 Feb. 9 14 Mar. 15 11 Mar. 1 2034 Feb. 15 May 8 i May 2 M Jan. Jan. 10 27 X Jan. 11 3 1034 Apr. 12 Jan. 15 3 19 40 1534 May 28 21 $ Jan. 134 Feb. 8 Feb. 29 NEW August, 1940] AGGREGATE SALES PRICES NEW Since Jan. 2 Jan. 1 t Shares July 1 1940 stocks Shares Ask 1X Sale Bid Par (Continued) 26,900 Starrett (The) Corp v t C——1 1,600 100 435 Steel Co of Canada ord 100 400 1,850 Stein (A) & Co com 10,000 Sterchi Bros Stores Inc X 38*4 10** 2*4 *4 41*4 13 X Sale Sale 12 _ .—* 4 6% 1st preferred.. .------50 5% 2d preferred 20 32,050 Sterling Aluminum Prod -1 5,600 Sterling Brewers Inc — 16,000 Sterling Inc 35 33 38*4 8** 6k 1*4 500 1,400 250 100 250 200 400 3,800 400 100 " 4,075 2,100 4,600 8,600 7,000 82,099 5,150 7,900 B) Co com (Hugo)Corp.... Superior Oil Co of Calif Superior Portl Cement 43,900 18,300 4,900 57,800 120,400 70 700 400 12,500 30,250 21,900 2,400 1,000 800 75 700 I,825 19,400 600 300 200 ; 7,300 40 1,120 40 470 , 800 "165 4,400 1,900 35,700 26,900 900 3,100 25,800 200 1,400 250 700 200 6,200 100 """400 600 ""loo Yo.Ioo 9,600 1,200 18165 3,400 1,700 20 10,000 600 15,400 15 2 700 975 1,600 1,900 150 3,300 600 54* : 10X .... 300 300 2,300 1,125 Sale 2*4 7X 3X 7*4 11 9 1*4 40 24** "500 3,700 175 900 2,900 150 HOO 1,200 100 '"'266 100 1,100 400 300 27 6*4 July 1*4 July 1*4 July 2 *4 July July July 2X July 40 11 12 2 6 24 Xs May 21 3*4 July X July 9 July 9 July 9 July IX July 36 July 24*4 July 10*4 9k 39*4 25*4 10 7*4 July IX July 2 July 31 3 16 16 18 8 17 29 18 10 11 18 3X July X July 9X July 9 July 9*4 July IX July 38 July 24*4 July 13 5X July 3X July 31 9 6 1 15 13 22 13 31 1 18 29 5 15 5 18 20 23 16 24 2 8 2 Jan, 12 3X Feb. 19 26 6 May 5X Jan. IX July 1*4 May 18 23 31 18 2X May Xs Mar. 7 k May 6X May 8 May IX June 33 *4 Feb. 21 May 27 1 25 21 23 11 23 28 1 20 1 Feb. Apr. 4X Feb. 38 Apr. 9 X May 9X Apr. 15 10*4 June 5 2 May 21 Jan. 5 IX Jan. 62 39 X June 27 33 1*4 4X Jan. X Jan. 10 13 X Apr. 15 Apr. 16 8 4 5 Jan. 2 I 10X Apr. 2 40 X Apr. 25 36 Jan. 22 33 5*4 Sale 3 29 *4 Xs 1** Sale 2*4 27 Sale 10 110 105 2*4 16 7k 1*4 52*4 5 2** 14*4 7 *4 49 4*4 3*4 26*4 6 5 Sale July July July July a Sale July Sale July 108 July 109*4 108 2*4 2*4 2X July 17*4 17*4 14*4 July 7*4 Sale 7 July *4 1*4 50 49 48*4 July 4*4 4*4 4X July 2*4 26*4 X X 9X Sale hi lJ" 65 k 66 108 105 110*4 115 113 114 113 1 Sale 2** ~"/Xs "~Xs 1 Sale . 2*4 X. 7*4 *4 Xs 7** 10 6 5** Sale 1*4 15*4 July 4X July 50 4 Sale 9 9X Jan. 19 2X May 21 Jan, 6 36 X Jan. 2 23 6 30 Xs July 1 July 2X July k July 115 20 18 A6/' 95 1 1 10 1 16 20 13 3 July July July July 6 31 10 15 17 July 3 10 10 3X July Xs July 23 10 4X July X« July 1 10 1*4 July 7*4 July 12 24 IX July 8X July 20 30 2 15 *4 July 11 10X July 8 12 X July 30 7 2 7 19 Sale 104 Xs Apr. Xs Jan. *4 May 2 May X May z8X Jan. 8 Feb. Mar. 20 Jan. 59 26 8 5X May 10 X Jan. 20 Apr. 25 Apr. 23 Mar. 6 Jan. 9 Apr. 4 Apr. 26 IX Apr. 15 7 3X Jan. 22 4X May May 1 *4 May 6X May Apr. 23 2 k Jan. 24 X Apr. 8 15 Apr. 8 IX Apr. 26 4 20 Jan. 2 May 22 76 May 21 109 May 24 115 55 15 18 x« July IX July 2X July X July 10 July 1*4 July 26 2*4 6*4 12 X Apr. 17 5 X Jan. 8X May 21 03 May 22 2 May 15 12 X May 21 2 7 July 9 X Jan. 48 X May 21 3X May 22 July 40"" 10*4 Sale 13 25 X May 23 July July 67 X 106 5 X July 31 4*4 Sale X« *4 Xs Xs 1*4 2*4 9 8*4 3*4 2*4 Sale 8 X July IX July 10X July 109 July 2X July 19X July 7X July 15 X July 1*4 7 1** 6** 1*4 2*4 *4 10 Sale 29*4 IX 6*4 30 26 Jan. 13 X Apr. 25 106 ~~~Xe '' 28 X July July July July 62 106 103 9 July 10X Mar. 29 10*4 " 1*4 67*4 2*4 *4 1*4 ** 62 Jan. 12*4 4*4 28 22 15 Jan. 3 31 *8*4 Jan. 31 22 22 28 21 10X Jan. 3 39*4 Feb. 21 3X Jan. 20 8 Jan. 11 6X Apr. 29 IX Jan. 11 3X May 21 X May 21 X May 8 1*1 Feb. 19 7X May 22 2*1 May 21 14 X May 28 64 X Jan. 5X Jan. 5 Jan. 1 3X Apr. 22 13 X Feb. 6 3X Feb. 29 8 19 X Apr 64X Jan. 18 15 X May 10 United Chemicals Inc— 13*4 Common. ^ 8,900 S3 cum partic pref —* 1,800 475,100 Un Cigar-Whelan Stores—10c 35,400 United Corp warrants.. * 750 United Elastic Corp 1 327,000 United Gas common $7 1st non-voting pref ♦ 35,900 26,300 55 Sale k 34*4 Sale 22 24** 78 68 U S Foil class B 4*4 5*4 "83*4 Sale" 3** Sale 22 30 27,900 2,400 II,950 83,200 1,710 5,600 2,200 20 77 4X 1 7$ com—50c 2 63*4 Sale Sale 41 7 Sale ......... —1 ...—* Utah Idaho Sugar Co.. 5 Utah Pr & Lt $7 pref * Universal Pictures com 5X Sale 47*1 2*4 21 28*4 IX 4*4 5 *4 51 Sale 22*4 31 3 1*4 3*4 3*4 ijf 15*4 2* 14*4 h & 3*4 Sale 17 8 Xs *4 1*4 Sale 6 9 2*4 5 1*4 3*4 1 3*4 17*4 July 2 July 31 74 X July 17 70 10 240 July 3 Xs July 10 July July 5X July 17 3 8 66 July X July 7*4 July 23 1 44 24 29 4X July 31 2 _ July 5 Xs July 53 July 2X July 26 July 31 July IX July 3*4 July 3 . 2 11 3 31 30 13 12 1 Utility Equities common.._ 10c $5.50 priority stock ....1 Utility & Ind Corp com 5 Conv preferred —-7 tUtil Power & Lt 7% pref—100 Valspar Corp common $4 conv pref 5 Fan Norman Mach Tool com. 5 1 Venezuelan Petroleum pref.100 ..... * 1 —._.* 21,000 Waco Airfraft Co * 5,800 Wagner Baking com vtc 20 7% preferred 100 4,600 Waitt & Bond Inc class A—* Class B —* 3,400 1 10,600 Walker Mining 5 3,000 Wayne Knitting Mills.. 1 12,600 Wellington Oil Co common Xs Sale IX ix 8X 6X 3 X 4X IX Sale 4 "l*4 Sale" 62 18X 20 1X Sale 65 X 1 1 52*4 18 i 1*4 Sale k 42*4 il* ilg 26 AH 72 A* 75 10*4 Sale X 42 X 1*4 Sate* 25 1 50 Xs IX 8 Sale Sale IX X 47 X July IX July 3X July July 6 July 16 X July 1X July 61X July 18 *4 July 3*i i 13 X 2X 5X 0 ~~4X IX 15 3X 2 16 3 2 2 5 17 3 2 IX Sale 19X 17 X Sale 24*4 26X *4 X 26] 27 X 69 76 80 7X 9X 4 Sale 17X 9 3*4 X % 12 X 30 17 X July 11 1*4 July July 29 67 26 22 16 42 X July 22 16 IX July 2 IX July 2 Jan. 3 3 Apr. 27 Apr. 74X July 8 2 17 Jan. 5X Feb. 23 243*4 IX 7X 83X Feb. 20 Feb. 19 Apr. 3 Jan. 2 45 Apr. 27 7X July 29 1 July 16 July 26*4 July X July 70X July IX July 27 3*4 July 7X July 9 12 3*4 X 13$ 1*4 5 1 Sale 14 IX 3X July 24 X July Xs July 25 13 July 2 July 8 June IX July X July 24 13)5 2 July July 16 8 Apr. Apr. Apr. May Jan. 6 Jan. X Apr. 2X May 17 17 15 11 11 3 11 3 5X Mar. 20 Mar. 21 2 6X Mar. 25 1 24 Mar. 13 Mar. 25 23 X Apr. 2 8 May 10 72 Apr. 23 IX Feb. 27 1X Jan. 24 55 X April 10 *&Jan. 11 2X Apr. 20 X Jan. 3 3 22 23 12 May May Apr. 3X June X July X« July 12 X May 2 May 15 21 17 10 4 74 17 7 29 24 5 74 % July Mar. 21 Mar. 19 28X 35 X 2X 5X X IX Mar. 27 Apr. 4 Apr. 9 IX Jan. 3 84 May 4 12 Mar. 36 7X July 31 3 July 7X July 4 71 6 18 28 21 7X July 31 7X Feb. 20 8 Apr. 1 X Feb. 10 July May X May 63 May 7 May 6X July 16 10 8 20 5 X May 21 30 July X July 76 X July 9X 6X July 15 22 20 27 24 21 22 28 ^ May 21 Mar. 20 18 X July 29 5 X July 29 IX June 10 2 X July 75 4X IX X 13 2X IX Jan. IX Feb. 27 X May 29 38 June 5 30 42 X July Sale 3X 6 ll" 11 3X May 22 3 May 23 X May 21 47 June 21 IX May 21 19 X June 10 26 May 23 1 May 23 2X Feb. 2 9 74 3 Jan. A* 39 11 July 4 9 July Jan. May May 2* May 15 May 4 May 14 X May 1X May 48 X May 18 X July 7 July 14 4 89 May X Jan. 7X Apr. 54 May 39X June 3X May Xs 7*4 Sale 4*4 5X Xs July 1*4 July Jan. 113 Feb. 4*4 Apr. 3 3 Feb. 2 *£ Jan. 27 2X 17 9*4 Jan. 8 239 30 2 4 July 4X Sale 3 5 July 4X 6 X July 22 X x 8 52 Sale 48*1 July 2 X July 11 2X 2X 26 Sale x2lk July 11 9 29 July 31X 33 1 July 20 1 Sale 6 3 July 2*4 3X 17X 6 X Universal Products Co July Xs July 61 44 Sale vt .* * Universal Corp v t c —1 Universal Insurance..—.—.8 53. 8* 5* Sale 4*4 *4 2 16 65 May Jan. Jan. May 87 X June X Feb. 79 May X May X May 16 X May 20 May X X 6*4 % 4 *4 244*4 240 Sale 2*4 Virginia Pub Serv 7% Vogt Mfg Corp Vultee Aircraftilnc 74 X July 63 4 9 2 18 4X' 1 245 X 238 6*' 10 27 71*4 * Universal Cooler class A For footnotes see page 29*4 25 X July July July July July .50c Universal Consol Oil Co....10 6,200 3,825 2,700 21,300 9,600 It 84 Sale Reclaiming.. $7 conv 1st pref Class B 4*4 ...1 U S Stores Corp com 9 100 United Stores Corp 123,800 United Wall Paper 87,800 1,650 7,600 7,800 43,900 8,775 "I 61** Sale* 1 Co common. -20 $1.50 conv pref 82*4 41 4** Sale — Sale 239 "H ""*4 107*1 Sale 24 X 20 71 5 1st preferred with warr. U S Lines Inc pref U S Rubber X July IX 113 X X 84 X X % IX July 102 July X« July 85*4 84 July X July X6 July Sale 24 X July % X ... U S Radiator common z/ V& 84 82 $3 participating preferred— 62 United Molasses Co Ltd— U S Plywood Sale 102»> 800 United Milk Products com— U S Graphite Co common U S & Internat Sec com.. *4 July Xs July X« July *4 7*4 *4 Apr. 17 Apr. 24 IX Mar. 30 8X May 59 X May 10*4 65 Sale *4 Sale 138,200 United Lt& Power com A-.-. Common class B 32,900 $6 1st pref ... 194,300 144,700 1,900 14,200 II,540 122,100 48,200 20,250 15,000 32,100 1,200 10*4 55 Sale 6*4 100 pref *4 ** X Warrants 490 United G & E 7% 12*4 65 9k 14 61 59 100 Utah Radio Products com 400 75 Highest Sale Prices *4 July July July 2*4 July 3*4 *4 36*| 23** 9H 1*4 35*4 22*4 Lowest Sale Prices 11 8% |*4 4*4 Sale *4 ** Xs X. 1*4 2 .... 241,100 Udylite Corp 4,700 JUlen & Co series A pref——* Series B pref. * 700 10 26,000 Unexcelled Mfg Co Inc ._* 4,400 Union Gas of Canada 900 Union Investment Co com—♦ 17,700 Union Premier Food Stores.. 1 25 Union Stock Yds of Omaha. 100 1 151,400 United Aircraft Prod 900 100 Sale 33 X Common 30,000 Class A 1 9,100 15,600 Tung Sol Lamp Works com..l 80-cent div pref 6,700 """300 800 7*4 3** 9 10 m 6H 6 Sale Taggart Corp com ....—1 35 Sale Tampa Electric Co . X 14 JTastyeast Inc class A--.-.. *4 B/ Taylor Distilling Co .....1 12 X Sale Technicolor Inc common—. -* Texas P & L 7% pref J00 108*4 110** 25* Sale Texon Oil & Land Co 2 Thew Shovel Co common..-.5 rilo Roofing Inc 1 Tishman Realty & Constr * 60 Tobacco <fc Allied Stocks * 4 J* Sale Tobacco Prod Exports * Tobacco Secur Trust Co Ltd— 9*4 14 Am dep rets ord reg shs—£1 Am dep rets def reg. _ 5s 63 645* Todd Shipyards Corp * Toledo Edison 6% pref 100 7% preferred A 100 Tonopah Belmont Dev.—,_10c kt % Tonopah Mining of Nev__ ...1 Trans-Lux Pict Screen com__l IX Sale 3X Transwestern Oil Co 10 3X Sale Tri-Continental Corp warr 8 9X Trunz Pork Stores Inc .* Tubize Chatillon Corp— 180 1,000 4,100 3** Sale 8 25 25,900 United Specialties common—1 500 *4 Highest Sale Prices 40 13 2*4 Sale 33*4 38*4 7*4 8k 7** 7*4 lk Sale 154 2 * 3,600 3,000 , A--..* 340 4", 525 38 34X 33 Am dep rets for ord reg I,400 120 United NJ RR & Canal...100 11,200 United Profit Sharing com.25c 10% preferred 10 100 25 49,510 United Shoe Mach com Preferred 25 3,930 40 100 12X Sale 11 34*4 4,200 Swan-Finch Oil Corp.......16 1,600 1,000 1,300 25,500 3,700 M 9X 10X X 9k 9X 1 1 60 -25 Ray Drug Co com Sunray Oil 554% conv preferred Class B common 300 3 k Sale 43*4 11 2 2h 2X Stroock (8) & Co Inc...---..* Sullivan Machinery Co * Sun 6 2 * 5 Stetson (John Stlnnes ""5 X Ask 40 11 3 6*4 6*4 650 Lowest Sale Prices July 31 Ask Bid Bid — 400 1,300 RANGE SINCE JAN. 1 TN JULY Price YORK CURB EXCHANGE In July 49 CURB EXCHANGE YORK 18 28 25 28 14 29 30 6X Apr. Apr. Apr. 5X May 1*4 Apr. 1*4 Feb. 15 X May 4 Jan. 0 13 22 50 NEW YORK EXCHANGE CURB AGGREGATE SALES PRICES NEW YORK In Since July Shares Shares ' l.lOOi 5,000 20 IN JULY RANGE SINCE JAN. 1 Price EXCHANGE Jan. 1 CURB Jan. 2 1940 STOCKS (Concluded) Par 19,000 Went worth Mfg Co 1.25 91,900 Western Air Express Corp 1 450 Western Grocery com 20 Western Maryland Ry— 740 7 % 1st preferred 100 Western Tablet & Stationery 1,600 Common 525 Westmoreland Coal Co 20 50 Westmoreland Inc 10 West TexasUtil itier Co— 880 $6 preferred * 23,100 W Va Coal & Coke com. * 2,150 Weyenberg Shoe Mfg Co 1 16,100 Wichita River Oil Corp 10 9,500 Williams (R C) & Co 5,100 Williams Oil-O-Matic Htg • 15,300 Wilson Jones Co com. * 2,200 Willson Products Inc.. 1 Winnipeg Elec com cl B * 260 Wisconsin P & L 7% pref--100 10 2 1 Wolverine Port Cement Wolverine Tube Co com 5,900 Woodley Petroleum Corp Woolworth (F W) Ltd— 8,800 Am dep rets ord shs_ 150,800 Wrigbt-Hargreaves Ltd 9,300 22,200 5s * Bid Bid Highest Sale Prices Sale Prices 1M July 2 July 25 1M July 4% July July 31 July 1 Ask Lowest Ask Ask Bid ' 1M 4M 1M 5 1M. 1M 4% Sale 2M 4M 36M 15 17 4)3M 1% 4% 3M Sale 4 17 14 16 15 10 12M 12 10M 9M 12M 10 98 98 99M 97 1M 6M 5% 4M July July 1% 1% 2 6 7 5% 6M 3M May 21 7% Apr 6% Apr. 16 11 May 18 59% Jan. 6 2 24 5 97 15 31 15 24 5 14 May 26 9M May 17 10M May 17 18 92 10 July July 98 M July July 1M July 6M July 5 Vs July 3 % July % July 6M July 9M July Jan. 48 M July 12 7 Highest Sale Prices 2 Jan. 3 6 43 M July 14 9M 16 8 4M 52 46 Lowest Sale Prices 1 May 18 2 July May May May Jan. July May May May 1 17% May 1 11 % May 13 10% May 17 7 102 Feb 5% Sale 6M 7M 1% 1M 7% 8 11 11M 4M 6M Sale 6M 5 Sale 11% 12 % 6% Sale 9M 5% 5M 1M 7M Sale 8 6% July 4M July 1 July ■7 July 9M July 30 15 29 8 10 5 1 6 105M July 4 16 July 26 5M July 2 4M July 15 16 5 2 12 1 July July 12 22 1 104M July 16 105 July 1 106 % July 31 17 July 3 106M July 24 17 19 May 28 106% July 17 105 Feb. 28 May 15 109 104M Feb. 27 107% Jan. 15 105 M July 105 107 % 108 Vs 107 % July 109M Sale 108% July 6% 12 105 % July 11 108 M July 18 110 July 25 30 8 105M July 107% July 108 M July 1 101 % July 31 30 107 July 16 109M July 19 125 July 11 3 17 4 H 6M 8% 4M 1 6M 11 , 103% 105 106% 108% 105 3 % 4 4M 3% 4M 5M 4% 4M 5M 5M 4% 4% 4M 4M 4M 4M 6 3M Sale 6 4 Sale Sale July July July July 6 July 3M July 6% July 1M 3% 5V\ 3% M 5% 7% 2% Jan. 7% Feb. 6% Feb. 7% Mar. 19 14 2 26 Jan. 19 15 9% Mar. 23 11% Jan. 8 98 May 24 112 Apr." "4 3M May 21 4% Jan. 9 4M May 22 7% Jan. 4 4% June 27 5% Jan. 22 6 July 12 3M June 27 12h Feb. 28 6% Jan. 5 BONDS— 1967 1,367,000 Alabama Power 4Mb 108,000 1st & ref 5s 353,000 1st & ref 5s 246,000 i 1st 5s 404,000 1st) & ref 5s 102 M Sale 105 1956 104 1968 104 105M 1946 107 % Sale 1951 107 107M American Gas & Electric— Sfdeb2%s S f deb 3%s S f deb 3 Ms 9,000 32,000 38,000 101M Sale 103M 104M 105M Sale 108 108M 105M 106 1950 1960 1970 - Deb 6s____ 2016 104M Sale 349,000 Appalachian El Pow 4%S-1948 728,000 1st mtge 4s 1963 130,000 Appalachian Power 6s 2024 1,000 6s A registered 2024 979,000 .Arkansas Pr & Lt 5s 3,183,000 Associated Elec 4%s Locomotive 122 Sale Sale Sale 28% Sale 14 M 15 15M Sale 106 Sale Sale 51M Sale 14M 15 15% Sale 15 % Sale 15% 14M 15M 16 Sale 14M 15 60 Sale 66 28% Sale Sale 109 Sale 95 M 92 M Sale 15M Cities Service 6s 1966 5s registered Sale Sale 1950 1950 ---1958 5s registered. 1958 846,000 5s 1969 3,998,000 Cities Service P & L 5Ms-1952 1,878,000 5Ms gold deb 1949 1,58.2, 000 Community Pow & Lt 5s...1957 .1951 13, 000 Conn Ltg & Pow 7s A Oonsol Gas of Bait 4%s__„.1954 51, 000 Consol G E L & P Bait— 3s series P .1969 373 000 .1971 Consol Gas Utilities— 116 000 Cuban Tobacco 5s 104 M 105 M 46 M Sale June 10 May 28% May May Apr. May 34% May 28% 75 May May 23 107% May 14 110 30 15M July 31 9 15M July 15M July 66 M July 106 July 108M July 100 July 98 M July 11 1 18 10 3 17 5 116M July 102 July 101 July 146 M July 31 9 17 16 99 % July 1 97 M July 2 12 103 M July 8 90 May 24 10 89 June 31 95 June 78 July 70 M July 65 June 25 63 June 10 16% 10M 10 53 104 M 103 M i 95 M Jan. 92 M Jan. 3 105 15 110 M July 96 M July 97 M July 145 July Sale 98 M Sale 96 M Sale 95M 96M 101M 102M 103 M Sale 97 M July 95 % July 99 % 146 98 70 68 Sale Sale 99 Sale 30 Sale 77% Sale 68% Sale 31 % Sale 74 Sale 102M 33 M 33 M 77 M 41M Sale 47 M 6 Feb. 16 Jan. 3 Jan. 3 Feb. 9 Jan, 3 Jan. 3 Apr. 4 Jan. 2 Apr. 13 Jan. 4 Jan. 2 8 Feb. Mar. 30 Apr. Apr. 98% July 12 8 5 138 70 68 July July 1 1 19 July July 30 M July 74 July 1 102 M July 34 1 July 34 M July 1 1 77M July Sale 85 40 M July 83 July 49M July 83 July 85 July 30 8 16 99 11 116 117 Jan. 9 Jan. 24 10 152 May Jan. 29 139 Jan. 29 99% July 99% Jan. 103% July 20 10 100% 83% 107% 102% 103% May 95% May 25% May 25% May 64% May Sale Sale Sale Sale 30 June June 41 Jan. Jan. Jan. July 7 8 31 10 25 16 31 Jan. 8 41% Jan. 83 Apr. 5 103% May 21 106 37 May 23 49% 77 June 93% 78% June 12 95% 80 M 85 82 87 84 M July 79 75M Sale 79 % Sale 75 M July 1 80 M July 11 70 76 M Sale 74% Sale 78 Sale 73 M July 78 M July 75 Sale 73 M 77% Sale 73 M July 1 27 5 13 27 12 65% May 21 69% Mar. 15 66 Jan. 30 68% Mar. 13 11 11 11 66 87 M July 88 M July 98 M July 29 Jan. 8 8 July 30 Mar. 23 81 74 M 76 91% Sale 92% Sale Sale 92 M 132 140 126 M 129 M Sale 107% 107 M 109M 110M 74 M 73 M 85% Sale 86 M Sale 75% July 87 M Sale 83 % July 84 M July 109M 112 108 Sale 89 % 49 Sale 74 M July Sale 107 60 106M 5M 6% 7 5% Sale 86 109 107 92 61M 77 H 92 M Sale 98 126 M 125 120 128 126 128 .1944 Sale Sale Sale 97% Sale 89 M 92 M 50 96 % Sale 130 92 M July 6 5 3 75% July 77% July 78 July 3,686,000 110% 80% Sale i* 1UM 106M 108 Sale 119 104 M 103 M 43 M 109 99 20M Sale HIM Sale 115M 104M Sale Sale 23 M 40 Sale 84 31 76% May 23 75% May 23 Mar. 14 80% July 78% 75% 77% 70% July July July Feb. 78 July 92% Jan. 92% Jan. 11 13 27 12 19 11 4 4 128 July 128" July""8 Sale 111 106 M July 110 July 108% July 5 111% July 22 Jan. 30 104% June 10 109 105 May 28 111% Apr. 29 Sale Sale July 89M July 88 % July Sale 49 "92 % July 50% July Sale 78% Sale 110% 111 85 96 July July 105M July 78 M July 110 July Sale 75 July 115M July 104M 107 104 M July 104 104% 103 July 116 Jan. 31 130 105M 106M 106M Sale 79% 110M ,76% 114M 104% 103 M Jan. 98% July 29 May 21 127 May 29 135% May 11 124% May 21 128 July 8 75 98M July 31 31 9 12 2 106 % July 26 119 45 38 July 80 % July 110% July 84 M July July 104M July 104 % July 119 46 July 11 80 4.5 93 May 28 May 28 June 24 Feb. 26 May 22 107 6% 4% June 5 4 6% May 22 1 % May 21 15 74% May 108 May 70 May 110 May 103 May 101% May 106% June 18 29 13 25 107% 108 107 % July 107 % July 23 16 23 Jan. 85% May Jan. 112 84% Apr. 120 106 20 8 9 4 3 Mar. 29 Apr. 5 105% Jan. 25 47% Mar. 15 9 May 22 101% Apr. 6 98 M 100 96 M July 99% July 17 89 26M 54 33 35 35 24 22% Jan. July 3 Jan. Apr. 22 Apr. 19 109% Jan. 97M July 22 20 18 23 17 22 June 10 95 47 M 90% Mar. 12 94 May 8 61% May 8 99% May 8 104 1 Sale 1967 102 M July May 21 130% May 10 89% June 77 85 M Federal Water Serv 5Ms..1954 755,000 Finland Residential Mtge 68 stamped .1961 69,000 88 81M Sale 1953 95 83 M 79 M Elmira Wat Lt & RR 6s__1956 138,000 El Paso Elec 5s A 1950 101,000 1952 410,000 Empire Dist Elec 5s Ercole Marelli Elec Mfg— 24 2 2 16 79 77 % 11 9 8 8 Mar. 29 May 22 108 38% May 24 62% Jan. 8 July 2 25 30 102 % 13 M July 13 M July 59 July 13 Sale 150 .1943 .1958 Eastern Gas & Fuel 4s A.. 1956 Edison Elec Blum 3 Ms 1965 548,000 Elec Pow & Lt 6s 2030 53. 22 1 M July July 103 M May 13 108 106 H May 14 111% 121 June 10 129 127 Feb. 9 127 93 4,650,000 For footnotes see page 14 15 90 % May 25 105% Jan. 86 96 Erie Lighting 5s 22 6 12 105% July 11 108% July 18 110 July 88 106 79,000 13% July 11 30 June 24 105% Jan. 99 84 186,000 Delaware Elec Pow 5Ms...1959 ▲Detroit Int. Bdge 6Ms...1952 253,000 ▲Ctfs of deposit 266,000 ▲25-yr s f deb 7s !l952 294,000 6Ms 14 M July July 51M July 98 M May 29 104% July 103 139 1,247 000 Cudahy Packing Co 3 Ms-.1955 59,000 106 105 M July 47 M July Sale 116 100 3,000 208, 000 July 107M July 123 July Sale 1966 Conv deb 5s 5s registered 5s 6s A stamped 1,021 000 Continental G & El 5s 4,852 000 106 105% 108M 106 108M 106 July 10 107 M 108M 106M 107 M 106 M July 23 100 103 98% 101 100 July 17 97 99 96 M 97 M July 27 99 1998 97 M Sale Birmingham Elec 4Ms 1968 94 M Sale Birmingham Gas 5s 1959 Broad River Power 5s A__1954 100M Sale 3Ms series N 97 M July 17 Works— Chicago 111 Midland Ry— 172,000 4Mb series A 1956 1,128,000 t *Chic Rys 5s ctfe of dep.. 1927 133,000 Cincinnati Street Ry 5Ms-1952 59,000 6s series B 1955 2,000 48% Sale Sale 125 Sale _ 1,898,000 105 M 125 26M Sale 99 M Sale Canada Nor Power 5s—*1953 78 M Canadian Pacific Ry 6s—_1942 81 Carolina Pr & Lt 5s 1956 106% Sale Central Power 5s ser D__„1957 99% Sale Cent States Elec 5s 1948 38M Sale 38 Sale 1,713,000 5Ms 1954 74 M Sale 1,705,000 Cent States Pr & Lt 5%s..l953 10,129,000 July July July 10 893,000 475,000 582,000 414,000 878,000 340,000 Sale 111M ^Convertible 6s 1950 116M 117M 110% Sale Bell Tel of Canada 5s B... 1957 115% Sale 97 M Sale 5s series C 1960 116M 117 98 Sale Sale Bethlehem Steel 6s _1998 141 143M 148 6s registered 101M 129 Sale 25 M Baldwin Sale 126 187,000 +♦ Assoc Gas & Elec 4%s_..1948 2,970,000 *5s deb. 1968 3,000 5s registered 1968 2,505,000 *4Ms series C 1949 4,882,000 2,357,000 751,000 370,000 1,000 1,547,000 892,000 163,000 98 % 106 Sale 106M 107 108M 109M 108M Sale 106% 60 % 4 Ms registered 1949 *5Ms conv deb 1977 ♦Conv deb 5s 1950 Assoc Tel & Tel 5%s A—.1955 Atlanta Gas Light 4Ms—1955 Atlantic City Elec 3Ms—1964 Avery (B F) Sons 5s w W-.1947 5s ex-warr 1947 101M 103 % 105 Sale 108 109M 106M 107M 105M Sale 107 M 111 1956 1953 11,000 269,000 2,108,000 561,000 166,000 215,000 49,000 43,000 Sale 104 M American Power & Light— 3,496,000 103 M 105 105M 3 57 Apr 6 NEW ] 51 EXCHANGE CURB YORK PRICES IN JULY NEW YORK CURB EXCHANGE I fooo ,000 Horida Power & Lt 5a 1960 1954 5s registered 98 3* 104 Ask Sale Sale Jen Wat Wks & El 5s A—1943 600 1967 1978 Jeorgia Power ref 6a. Jeorgia Pow & Lt 5a Gesfuerel 6s ,000 Ask Bid Bid 10234 Sale 10434 Sale Lowest Lowest 1953 --1965 - Hen Alden Coal 4s Jobei (Adolf) deb 4 34s.-.1941 Jrand Trunk West Ry 4s 1950 Jreat North Pow 5sstpd- -1950 ,000 Jrocery Store Prod 6s.---1945 luantanamo & W Ry 6s__1958 Sale Sale Prices Sale Prices 1023* 1033* 102 34 July 10334 July 19 103 5£ Sale 10334 July 31 10434 July 5 10034 Sale 1003* 101 67 985* Sale 9834 Sale 74 76 9634 Sale 10634 66 3* Sale Sale 953* 9734 Sale 75 99 97 65 98 1053* Sale 69 Sale 100 July July 973* July 97 July Sale 98 99 Sale 75 99 65 993* Sale 106 72 99 7534 Sale 78 34 81 10734 1103* "6034 "62" July 1063* 10534 July Sale 67 July 13 72 Sale 70 90 71 62 59 61 107 110 109 10334 10434 103 69 553* 58 57 59 57 45 49 4234 45 43 1948 40 43 263* 293* 31 Sale 15 50 15 50 18 50 11 ,000 ,000 llinois Pow & Light 534s.. 1957 ,000 ,000 ,000 iooo 5 ,000 ,000 ,000 ,000 ,000 ,000 ,000 ,000 ,000 ,000 ,000 .000 14 30 15 103 104 104 101 July 10 31 10334 May 24 10734 Mar. 28 75 Mar. 19 59 May 27 72 July 18 603* July 3 653* June 70 Jan. 60 July 106 May 993* May 1 July 8 1043* July 30 July 19 59 July 18 July 29 46 July 12 111 Sale 5s series C — ndiana Hydro-Elec 5s ndiana Service 5s "67" 1073* 963* 10534 10534 10234 963* 663* 6634 10834 97 Sale 104 105 .1956 103 105 Sale Sale r. A-. .1958 5s tfndianapolls Gas 5s A ndianapolis P & L 3 5*s. 1950 1963 1st lien & ref 1952 Sale 70 62 Sale 10834 ntPow Sec 6Hsseries C--1955 7s series E 1957 4134 1952 nterstate Power 5s 1957 Debenture 6s .1952 owa-Nebraska L & P 5s. 1957 58 series B_ 1961 ♦7s series F 9834 9934 7134 1968 _. 49 44 . Sale 67 1953 5 34 s series B 6s series A_ 109 50 6634 6534 Sale 64 Sale 66 1035* 10134 102 10134 July 102 10234 103 July 1093* 1103* 109 July 35 334 25 Sale 67 69 64 July Sale 67 68 66 July 81 . 109 98 Sale 1053* Sale 107 Sale 1043* Sale 9834 101 73 Sale 7034 Sale 90 91 10734 108 Sale Sale July 31 23 June 18 10234 July 11 11 104 July 8 1 110 July 25 78 Mar. 13 10834 Mar. 19 10534 Feb. 24 633* Apr. 25 53 Apr. 1 June 43 100 Sale Sale 100 70 Sale Sale 3034 343* 46 34 Sale 35 61 Sale 21 Sale 2234 2334 6234 3934 Sale Sale 4034 Sale 105 10434 105 10334 10434 1033* 10634 1083* 107 iansas Electric Pow 334S-1966 1053* 10634 103 iansas Gas & Electric 6s.-2022 1253* 127 1203* 123 10534 10634 1063* 1063* 10634 1073* 1063* July 11 40 153* 40 10334 July 10434 10534 10334 104 10634 July 1073* 1073* 10634 107 37 42 25 41 32 Sale 36 4534 4634 110 4634 Sale 46 July 25 48 July 64 July 5 81 66 June 22 79 60 105 June 6 May 15 103 Apr. 10 Apr. 8 Feb. 15 May 8 Apr. 11 Apr. 26 May 3 Jan. 2 July 23 May 6 July 10 Jan. 22 Jan. 16 Jan. 2 4 473* Jan. 7134 Apr. 15 51 Jan. 3 10634 Jan. 12 10634 Mar. 11 5 1093* Jan. 52 Apr. 25 June 29 10IS SB June 1063* June 42 3034 May 16 5 Mar. 15 1534 Feb. 7 16 3 May 14 1033* Jan. Mar. 5 10034 May 22 105 10634 May 14 11134 Apr. 19 July July 2034 July 5134 May 29 May 103 May 455* 4634 103 34 103 34 105 10534 48 17 13 425* Jan. 3034 July 343* July 35 July 6234 July 4034 July 10534 July 1033* July 1063* July 39 July 38 July stpd--1942 ersey Cent P & L 5s B—1947 434s series O 1961 110 453* 38 683* July July 68 14 1934 July Sale 21 July 25 2034 July Sale 6034 July Sale 373* July Sale 1043* July 106 1033* July 10734 1063* July 41 37 July 38 3034 July 25 acksonville Gas 5s 10834 A July 10534 June 4 1093* 87 May 23 10134 9834 May 22 107 101 May 24 107 3* 963* May 22 105 93 June 6 100 57 May 22 74 56 May 24 7334 ,000 1958 Hydro-Electric 78.-1952 6s 1963 talian Superpower 5 1 31 10834 July QQ July 10634 July 1073* July 105 July 983* July 74 July 7134 July 923* July 106 July owa _ 8 1053* 10534 1023* 983* 673* 653* ,000 ,000 ,000 ,000 ,000 Pow & Lt 434s 52 7534 May 9 91 Apr. 22 10734 July 96 July July July July July July July 81 July 1053* July 10534 1063* 43 34 Sale 6534 4834 Sale 10534 Sale 10534 106 34 2734 July 104 Sale 101 1954 daho Power Co 35*s__--. .1967 sarco 89 Feb. 28 Corp— 58 series A ,000 5 May 21 10034 Jan. Jan. 24 May 18 75 Apr. 4 May 22 101 July July 50 50 ,000 Hamburg Elec Co 7s 1935 Hamburg E & Und Ry 534s'38 loust Gulf Gas 634s x w--1943 0a 1943 louston Lt & ~Pr 334s 1966 Hungarian-Ital Bk 734S--1963 lygrade Food 6s ser A 1949 6s series B 1949 ,000 June 26 102 83 1 107 72 8 60" July "26 50 Investors 4 94 112 103 2 1003* July 7 4 103 Apr. 10 9734 May 24 102 56 June 3 8734 Feb. 24 5 1003* July 2 6734 July 99 6 July 1 1003* July 90 60 47 Juardian 983* Jan. 2 1043* May Apr. May 27 105 Jan. Jan. 4 103 100 25 Sale 101 Sale Sale Prices 70 69 15 17 71 Jreen Mountain Pow 3 3* s_ 1963 ,000 ,000 100 54 Highest Sale Prices Highest Ask 1954 Electric & Gas— 5s est stamped 1944 xatineau Power 3 3*s A.__1969 len Pub Serv Co 5s 1953 len Pub Utilities 634« A.-1956 ,Gen Rayon Ltd 6s A 1948 xary ,000 ,000 July 31 July 1 1940 Bid BONDS (Continued) Horida Power Co 4s C-. ;66o 1 Jan. 2 L. ,000 ,000 ,000 ,000 RANGE SINCE JAN. Price Mar. 1 May 23 5334 Mar. 11 Feb. 3 1013* June 21 105 103 3* May 28 1055* Feb. 3 39 102 3* May Mar. 26 117 110 1223* 126 103 Apr. 20 22 107 5^ May 21 12731 „ake Superior Dist Power— 334% series A 1966 ,000 ^Leonard Tietz Inc 7348- -1946 600 ,000 island Ltg 6s 194a x)uisiana Pow & Lt 5s_ —1957 x>ng tMansfield Mining & 7s ex-warrants 15 40 1033* 104 34 10734 Sale 1941 AcCord Rad & Mfg 6s 1948 17 66 ,000 Memphis Comm'l Appeal— Debenture 434s 1952 98 ,000! dengel Co 434s det Edison 4s series E 25 17 70 60 1947 ,000 ,000 1971 ,000 10034 8634 903* 10734 10934 4s series G_ 1965 108 1103* Middle Sts Petrol 634s A. .1945 10034 Sale Midland Valley RR 5s 1943 6734 Sale ,000 .000 ,000 Milwaukee G L 434s Hnn Pow & Lt434s .000 Mississippi Power 5s Miss Power & Light 5s .000 ,000 ,000 1st & ref 5s 1967 -1978 1955 .--1955 1957 10034 10234 106 103 1033* Sale Sale Sale ~ " Sale Sale 1951 Missouri Pub Serv 5s A—1960 110 Sale 96 Sale .000 Nassau & Suffolk Ltg 5s—1945 ,000 ,000 "fat Pow & Lt 6s A 993* Sale 11134 Sale 107 10734 Miss River Power 5s Deb 5s series B 2026 2030 IsNat Pub Serv 5s C O D.1978 Nebraska Power 6s 2022 ;66o ,000 ,000 - Nevada Calif Elec 5s 1956 4ew Amsterdam Gas 5s—1948 ;66o ,000 ,000 ,000 ,000 ,000 ,000 ,000 ,000 ,000 M ',660 ,000 ,000 ,000 ,000 ,000 ,000 .000 ,000 ,000 ,000 26 121 12434 1981 10834 1083* ^eisner Bros Realty 6s—1948 10534 10734 434s tfew Eng 5s. G & Elec Assn 5s 1947 1948 1950 Conv deb 5s ^lew Engl Pow Deb 534# Assn 5s 5s stamped a6s series A 1942 1949 3*sstpd 1950 ST Y State E & G 434s 1980 4 34s registered -1980 iN Y Pa & O RR 4 !4 Y & 4s 793* Sale Sale 683* Sale 6734 Sale 121 68 Sale 1948 983* 1954 10034 tfew Eng Pow Co 3 3*« A.-1961 8ew Orleans Pnblic Serv— 3 3*s Sale Sale 10734 10834 10234 Sale 10234 Sale 7934 81 105 Sale Nippon Elec Pow 634s 1953 *or Amer L & P 534s A.--1956 STortb Boston Ltg Prop 334® 47 Mor Cont Util 534s A—-.1948 tfor'west Pub Serv 5s A—1957 Jgden Gas Co 5s )hio Power 3 3*s Jbio Public 8ervice 4s Apr. 1033* May 23 106 10334 May 21 108 Jan. Jan. 8 16 11 13 Sale 60 983* 100 993* 8634 90 94 107 10834 106 10434 10534 1083* 94 Sale 933* 5734 Sale 60 101 102 103 Sale 10534 1033* 10434 10934 10534 Sale 10534 11234 923* 91 Sale 50 62 10134 923* 104 34 Sale Sale 97 Sale July 1 983* May 22 10234 May 24 96 May 22 97 May 23 1083* Apr 11 107 1003* July 11134 July 10534 July 1013* July 6 1123* July 19 10734 July 27 10934 July 105 July 703* July 11034 July 105 July 7434 July 98 55 103 65 1023* 104 10434 Sale 46 105 48 Sale 109 Sale 10734 Sale 10334 103 106 Sale 11234 10534 106 108 24 3 17 1003* July 26 1033* July 10134 July 1 1023* July 923* July 15 943* July 10334 July 18 10434 July ' Jan. 4 6 109 101 1073* July 60 ~ 1033* July 2 106 July July July July July 30 3 58 2 102 58 " 109 110 107 3* 10834 1083* 109 1063* 107 3* 25 108 10934 HO 1073* Sale 10834 Sale 10834 Sale 10134 10234 103 104 July July July 5'109 54 July 107 34 July 31 10834 July 23 109J4 July 109 10734 July 107 3* July 1013* July 17 July 3 July 24 21105 July 16 1 43 July 16 24,10634 July 6 25 5 8 10834 July 16 10234 July 24 8 98 June May 108 5* Jan. 102 June 62 May May May May 51 May 883* May 93 May 105 May ----- 9 1 107 May 9 104 5* Mar. 15 105 July 11 11034 Feb. 20 June 11 1013* July May 22 112 5* Apr. 107 5* Apr. May 52 1 8 16 5 5 1045* May 103 5* Mar. June 51 July July 66 July 9834 July ,10034 July 17il083* July 20 18 19 10 10 4 95 115 66 66 Apr. Apr. Jan. May Jan. Jan. 86 20 58 5934 10034 99! 10034 1013* Sale 10434 104!, 1053* 10434 105 40 40 Sale 41 Sale 10534 1043* 10534 Sale .105 58 June 120 July July July July July July 7134 Apr. 23 May 22 1013* 81 May 29 95 10434 July 9 10934 106 June 18 111 915* June 10 10034 513* June 111 70 • 116 1003* 102 102 Sale 953* 97 10334 104 5834 June 17 99 1043* July 29 1033* July 3 July 18 10434 July 9 105 July 11 110 July 3 95 July 30 1013* July 103 July 10534 July 110434 1043* 10334 July 1043* July 10434 Sale Sale 110 July 110 91 9534 July 94 64 Sale 103 3* 60 9934 July 94 July 106 July 10834 July 95 July 60 July 10634 107 Sale 62 1 10334 104 103 34 Sale 1213* 62 6534 Sale 6234 66 Sale 62 613* 66 Sale 94 9434 9534 9634 Sale Sale 9534 99 Sale 1073* 10734 108 1083* Sale 11534 123 July 993* July 100 91 July 95 1073* 10434 July July Sale 108 9334 July 9534 5734 July Sale 99 1003* 1003* 103 11034 1113* 1113* U33* 10534 108 107 Sale 22 26 2134 27 119 126 124 130 110 113 11034 113 105 107 1033* 106 71 Sale 73 Sale 106 34 108 112 1945 1105* 113 1968 10834 Sale 1962 Dxla Nat Gas 35*s B 1955 r>'da Pow & Water 5s A—1948 1043* May 22 108 10034 May 97 May 81 Jan. 10234 Mar. 104 1964 Westchester Ltg 5s-'54 112! 2004 104] 53. 6 2 2 Smelt— io5o ,000 3 1063* July 30 10534 July 18 1073* July Jan. 1043* May 1115* June 102 May 52 94 104 35 101 1283 1113 11 3 3 May 4 May May 14 110 Mar. 29 83 Mar. 29 Jan. 25 Jan. 24 Jan. 23 Jan. 28 Jan. 22 31 100J4 Jan. 110 Mar. 28 6 9 9 9 9 8 8 1035* July 1 103 34 Jan. 6 9534 May 10 105 5* Jan. Jan. 104 109 10 4 Apr. 22 11454 Mar. 28 10634 May 1 65 May 13 May 22 103 May 22 100 June 4 493* May 27 10634 Mar. 12 Mar. 25 Jan. 12 Jan. 10 Feb. 20 10734 May 23 1115* Jan. 1033* May 24 1095* May 1035* May 28 1095* Mar. 10434 May 28 109 Apr. 10034 May 29 105 Feb. - 20 9 15 10 13 NEW 52 YORK EXCHANGE CURB AGGREGATE NEW YORK Jan. 2 1940 Jan. 1 BONDS (Concluded) S 306,000 Pacific Gas & Elec 6s B—.1941 1948 304,000 Pacific Investing 5s A 51,000 2,604,000 47,000 1,911,000 112,000 1942 58—1955 Lexington Bldg 3s.—1964 Pacific Ltg & Pow 5s Pacific Power & Light Park 1 Price CURB EXCHANGE Since Penn Cent Lt & Pow 5s Bid July 1 Ask 334,000 Penn Electric 4s series F—1971 5s series H. 1962 1950 235,000 Penn-Ohio Edison 6s 524s series B 1959 362,000 91,000 Penn Pub Serv 6s O— —1947 5s series D 1954 48,000 104 M Sale 109 107M Sale 106M 10754 95 M Sale 1,075,000 Peoples Gas Lt & Coke 4sB_'81 97 M 48 series D 1961 98 1,417,000 1972 113M 11424 714,000 Phila Elec Power 524s 398,000 Phila Rapid Transit 6s 1962 94M 95% Piedmont Hydro-Electric Co— 43 46 624s series A 1960 877,000 35,000 Pittsburgh Coal 6s 1949 104 104M Sale 1948 100 216,000 Pittsburgh Steel 6s 30 12% 6,000 APomerania Elec Co 6s—1953 8324 Sale 1,167,000 Portland Gas & Coke 5s__1940 5s stamped 1950 86,000 Potomac Edison 5s ser E__ 1956 424s series F— 1961 7s stamped. 1947 Can 4 24s B 1959 Potrero Sugar Power Corp of _ iPrussian Electric 6s. 1954 Sale 14 July 19 Sale 40 Sale 103 % 106 10424 July 106m july 107 July 106 m July July 10624 107 m 10724 108 m 107 107 July 107 108 107 % 108 104 m Sale 104 % 105 107 m 108 m 107 24 Sale 109 % Sale 10724 109 m 106 % Sale 107m 108 9524 July 9724 Sale 9624 July 97 Sale 9924 Sale 113m 114m 11224 h224 11224 July 101 Sale 9924 July 99 101 9524 Sale 28 33 m Sale 103 m 105m 104 102 101 Sale 18 81 — 86m 11 90 81 26 M July 33 105 m 102 m 100 M July 21 92 87 July 81 82 m July 107 M 51% 88 24 39% Sale 10824 111 10824 11024 10824 hi 46 50 47 49 66 m 64 Sale 68 1424 Sale 18 108 % Sale 110 111 49% july July July July 103 30 8 3 16 Highest Sale Prices 10824 July 94 July 39 m July 104 July 106 July 2 8 10 16 1 2 July 5 18 10724 July 5 13 109 24 July 1 9 10424 9 108 24 2 107 24 8 108 1 July July July 18 22 3 July 3 9924 July 22 114 24 July 2 10124 July 10 12 2 98 12 July 13 l 102 m July 2 July July 12 11 10824 July 10824 July 50 July 67 July 1424 July 29 16 10 6 35 107 July 18 110% Jan. 6 87 M May 31 10024 June 4 10824 July 8 112 Jan. 22 86 June 10 9724 Jan. 11 39 M June 21 2 43M Jan. 9624 June 11 10424 Apr. 6 101 June 6 107M Mar. 23 100 May 10424 May 104 M May 101 % June 106 May 105 May 24 99 94 86 10824 July 47 July July 1424 July 15 31 May 11 Feb. 3 Apr. 23 July 18 Jan. 9 Feb. 16 May May 6 6 Feb. 1 May 9 June 13 4824 Mar. 8 May 29 106 24 Apr. 11 May 18 10224 Apr. 25 June 17 14 Jan. 78 M May 22 75 June 3 94 Mar. 90 Apr. 13 9 8 106 10824 109M 10824 10824 108M 91 May 29 98 M 95 June 3 100 M 11024 Mar. 20 115 92 May 22 10224 103 107 m July 64 Lowest Sale Prices 18 107 M July July 10824 lum 10824 93 24 Sale 9124 39 m 3924 40 103 m Sale 10224 10424 107 m 104 110 Highest Sale Prices Sale Prices 106% 108 M 107 92 Sale 106 Ask ' Lowest July 31 Ask Bid 107 107 M 10754 10924 Bid 107% Sale 109 X Sale 93 94 110 112 93 % Sale 43 M Sale 424S-1977 102 % Sale 1979 103 % 104M 403,000 299,000 88,000 27,000 215,000 11,000 RANGE SINCE JAN. PRICES IN JULY SALES 12 1 16 106M June 17 10924 May 10 10724 June 47 July 5 110 24 Jan. 9 3 5324 Apr. 29 9124 Jan. 10 61 June 3 14 Jan. 13 16 June 25 Public Service of Colorado— 35,000 48,000 5 f deb 4s 1949 105 1st mtge 3 24s 1964 106 106 Sale 10424 July 24 106] 10524 July 25 1061 Sale 149 July July 10 10424 July 24 10624 July 9 .10524 July 25 10624 July 10 9 Public Service Co of N J—1 376,000 6% perpetual certificates 1966 109,000 Pub Serv of Okla 4s 3,283,000 Puget Sound P & L 524s—1949 5s series C 1950 917,000 424s series D 1950 2,143,000 — _. 208,000 Queens Boro G & E 524s—1952 23,000 ARuhr Gas Co 624s. 2,000 iRuhr Housing 624s A 150 m 146 % 153 106 j4 108 m 107 99 24 95 m Sale 96 % 93 % Sale 151M 155 107 108M 98 % Sale Sale July 107 July 99 M July 96 24 July 95 M July July 106 July 95 m July 93 July 8924 July 153 18 128 May 28 31 10424 May 28 86 May 21 17 83 May 21 30 81 May 24 25 98 Sale 92 M Sale 90 Sale 9424 Sale Sale Sale Sale 85 Sale 88 m Sale 85 July 1 93 24 July 12 80 35 15 20 Sale 18 July 6 20 31 18 35 15 11 96 % 1953 —.1958 17 14 580,000 Safe Harbor Water Pr 424s 1979 29,000 San Joaquin L & P 6s B—1952 133 106 105m 106 m 106 m Sale 131 13424 130 129 136 109M 110 137 July July July 2 106 m July 12 133 July 8 20 1 158 Mar. 108 Jan. 12 10024 Jan. 8 100 Jan. 11 97 Jan. 11 Jan. 5 June 6 99 July 14M Mar. 6 5 2054 May 2 Jan. 17 105 24 June 28 10924 Jan. June 11 136 Apr. 3 10 15 127 ASaxon Public Works— 7,000 53,000 198.000 433,000 883,000 627,000 138,000 612,000 1,965,000 1,068,000 462,000 6s 1937 1951 — ASchulte Real Estate 6s 11 35 21 23 Sale 8cripps(E W) Co 524s-—1943 103 Scullin Steel Co 3s 1951 Shawinigan W & P 424s—1967 424s series D 1970 Sheridan Wyo Coal 6s Sou Carolina Power 5s Southeast P & L 6s 1947 1957 2025 Sou Calif Ed 3 24s. _May 1 1960 354s series B—July 1 i960 15 25 59 6924 6924 72 72 91 93 Sale 102 103 Sale 111 Sale 10224 11224 Sale 107 24 Sale 10724 Sale 10824 10824 Sale 95% Sale 99% 112M 109 % 109%. 11 26 M 10224 72 24 72 M 73 M 57 64 95 91 50 28 10124 102 65 9524 Sale 12 93 25 July 2724 10124 July Sale 57 July Sale 73 M 6924 July 6924 July Sale 9124 July 102 24 July 103 111 July Sale 107 m July Sale 10824 10724 July Sale 9 27 M July 8 102 24 July 3 72 24 July 2 72 24 July 2 73 M July 25 19 31 10 Mar. 23 Jan. 1 24 17 Mar. 12 31 May 31 10024 June 11 104 57 May 15 7254 64 June 3 9824 64 May 31 €7 24 July July July 30 102 24 108 M July 31 1 10824 July 25 8 93 2 103 1 113 May 9624 June May 10624 May 10624 May 87 Jan. 9 30 Mar. 14 Jan. 19 Jan. 22 24 9524 Jan May July 30 15 11024 Jan. 5 15 11024 Jan. 6 3 103 22 113 Southern Counties Gas of California 424s 265,000 420,000 Southern Indiana Ry 4s -1968 105% 105 % 51 52 1951 250,000 S'western Assoc Tel 5s A—1961 105 360,000 Southwestern P & L 6s 2022| 103 123,000 S'western Pub Serv 6s A—1945 107 49 299,000 ASpalding (AG) & Bros 5s 1989 10424 4024 104 24 95 m 105m 109 10424 Sale 50 47 106 Sale Sale Sale 106 50 10424 July 4024 July 104 M 10524 104 24 July 95 M July 9824 100 106 Sale 10524 July 47 46 52 July 104 M 105 M 44 Sale 3 1 10524 July 44 1 105 1 100 18 106 16 48 July July July July July 9 24 90 20 105 16 40 May May May May May May 49 Jan. 104 31 37 30 104 14 10524 Mar. 28 24 53 Mar. 12 22 10654 Apr. 17 21 10524 Jan. 6 22 10824 Feb. 5 21 60 Apr. 6 Standard Gas & Electric— Stinnes 100,000 82,000 1948 1948 Sale 67 % Sale 1957 66% 67% 66% Sale 1957 1950 — 67 67 1951 19 Sale 1940 1946 68 stamped 2,879,000 6s conv stamped2,272,000 6s 3,514,000 6s gold debs 3,250,000 6s 2,981,000 3,220,000 Stand Power & Lt 6s 505,000 AStarrett Corp 5s 28 32 30m 24% 25 29 1966 Sale Sale Sale I 68 24 Sale 672-4 6824 68 24 Sale 68 24 Sale 68 Sale 67 24 Sale 23 24 Sale 6724 July 1 71 Sale 68 July 2 71M 71M 71M 7124 Sale Sale Sale Sale 2124 6724 67% 67 24 67M July July July July July 2 71M 2024 Sale 20 1 1 12 17 17 31 16 17 31 1 3824 July 37 July 3 July July July July July July July 23 23 71M 7124 71M 7124 7124 7124 23 M 7424 7424 7424 7424 7424 7424 2424 49 24 Jan, Jan. 48 Jan. 48 48 49 Jan. Jan. 14% May May Apr. Apr. Apr. Apr. Apr. Feb. 3 29 29 29 29 29 5 (Hugo) Indus— 7s 2d stamped 7s 2d stamped Sale 35 32 37 3624 Sale 30 31 July July 27 June 13 18 June 10 4624 Mar. 28 37 July 23 TernI Hydro-Electric Co— 6 Ms series A 1953 632,000 i960 1,230,000 Texas Elec Service 5s 531,000 Texas Power & Lt 5s—1956 51,000 —2022 6s 688,000 Tide Water Power 5s A—1979 1,384,000 Twin City Rap Tr 5Ms A-1952 tUlen & Company— 6s 4th stamped 44% 10424 10724 Sale Sale Sale ~ " 115 Sale 102 % 10224 62% 1950 824 United Elec of N J 4s— 1949 United Elec Service 7s 1956 AUnited Indus 6 Ms 1941 a 1st 6s 1945 United Lt & Pow 6 Ms 1§74 Deb 6s 1975 1,387,000 5Ms 1959 223,000 2,747,000 United Lt & Rys(Del)5Ms 1952 340,000 United Lt & Rys (Me) 6s A1952 Sale 9 117 % 529,000 123,000 424,000 10,000 43,000 572,000 - - Deb 6s series A 44% 19 16 85 83 % 107 Sale" 30 30 87 724 15 35 20M 16 30 8224 83 24 Sale 108 93 Sale 90 Sale Sale 114 Sale Sale 99 Sale 1946 10224 Sale 81 85 94 96 95 Sale 334,000 6s 1946 100 Sale 102 24 102% Sale 99 484,000 5s series B 1950 10024 Sale 102 103 Waldorf Astoria Corp— a5s income deb 749,000 Wash Ry & Elec 4s 1954 1024 Sale 10724 109 4 6 1951 56,000 Washington Water Power—• 1st mtge 3Ms— 1964 10,000 Western Newspaper Union— Conv deb 6s 1944 331,000 -2030 170,000 West Penn Elec 5s 292,000 Yadkin River Power 5s 155,000 tAYork Rys Co 5s 285,000 5s stamped...... For footnotes see page 53. 1960 1941 1966 1941 1937 1947 July July July July July July 26 30 July 3 July July 11 1 7 M 89 24 Sale 2124 June 12 Jan. 3 101 24 May 23 10624 July 18 10424 May 14 10824 109 June 5 11924 8824 May 24 10324 56 May 22 69 19 9 116 27 18 18 July 89 m 89 8224 July 82 87 M Sale July 107 M 108 m 10424 July 108 m 92 Sale 91 89 July July 11624 118m 114 82 85 M 88 July 95 M July 99M Sale 96 M Sale 95 July 102 24 July Sale 99 99 9924 July 10224 103 24 102 24 July 10224 38 117 86 M 99 M 98 July 3 July 24 July 24 July 25 July 11 July 27 July 23 July 31 July 13 31 9924 July 13 1 9 2 103 24 July 2 102 24 July June 24 June May 16 June May June 72 24 May 95 24 July 85 5 16 5 23 1924 Feb. 28 91 Apr. 26 8924 Apr. 26 110 Apr. 8 95 May 8 119 Feb. 7 89 Apr. 27 10024 Apr. 29 10124 Jan. 15 7424 May 73 May 78 Apr. 26 Jan. Apr. 45 24 J an. 21 Apr. 104% July 110 Jan. 1224 Mar. 11 4 11824 May 624 July 114 16 July 26 m July 46 May 9924 May 21 10324 Apr. 6 94 May 31 10124 Mar. 19 95 May 21 10324 Mar. 29 4 May 21 1054 Jan. 3 May 16 10924 Apr. 26 52% 10624 11524 10424 10524 Sale 107 119 Sale Sale 104% Sale 97 Sale 97 98 49 Sale 4 July 424 108 24 July Sale 19 424 July 30 10824 July 6 30 107 10824 10924 10824 July 107 % 109 — 75,000 West Penn Traction 5s 45.000 Wheeling Elec Co 5s 412,000 Wisconsin P & L 4s A 2 18 30 2 11 23 27 30M 1 106 % 2 107M 2 112 97 1 63 24 1 40 35 118 99 624 July 115 15 82 251,000 Utah Power & Light 4 Ms. 1944 6s series A 2022 343,000 8m "28"" Sale 106 80 % 624 11524 38 Sale 80 769,000 Virginia Pub Ser 5 Ms A 7 11424 Sale 1973 289,000 23 24 Sale 30 24 Sale 2224 July 10524 July 10524 Sale 10524 Sale 106 July 10624 10624 106M 107 111 July 117M 112 115m 115 94 24 July 9424 Sale 9624 Sale 62 24 Sale 61M July 61m Sale 19 10924 July 15 10824 July July 12 19 26 24 60 24 Feb. 23 Feb. 29 10424 May 31 108 10724 June 10 117 May 13 Jan. 23 103 May 27 105 4 10824 52 M Sale 105 107 M 10624 107 109 M 113 113 116 103 107 103 105M 106 M 107 10624 Sale 9124 94 96 97 M 95 96 M 96 M 97 M 49 July 10524 July 110 July 103 24 July 106 24 July 94 July 9524 July 54 10624 July 114 July 103 24 July 10724 July 97 97 July July 9 30 30 43 June 19 10924 July 10224 May 28 10724 July 103 24 Apr. 90 June 94 June 15 7 9 10 105 Jan. 19 98 6 99 Apr. 23 May 8 2 AGGREGATE PRICES NEW YORK In Price CURB EXCHANGE Since July Jan. 2 Jan. 1 Ask FOREIGN AND Agrlcul Mtge Bk Rep of Col— A20-year 7s Apr 1946 A20-year 7s Jan 15 1947 1,000 5",()00 14,000 ABaden (Germany) 7s 1951 ACauca valley (Dept of) Rep of Colombia extl s f 7s 1948 52,000 ACent Bk of German State & Prov Banks 6s B 1951 5,000 a6s A —1952 18,000 57,000 Danisn Cons Munlc 5%s._ 1955 5,000 23,000 3,000 ' 2,000 6,000 4,000 1,000 4,000 12,000 18,000 5s _ 1953 ADanzig P & Wat'way Bond— iexternal s f 6%s 1952 13,000 83,000 AGerman Cons Munic 7s—1947 a6s 1947 55,000 20,000 AHanover (City) Ger 7s 1939 1949 7,000 AHanover (Prov) 6%s 34,000 ALima (City), Peru, 6%s_.1958 1958 111,000 AMaranhao (State) 7s 58,000 AMedellin (Colombia) 7s_.1951 17,000 18,000 15,000 io"6o6 1,000 No 25 20 22 20 28 20 24 12 30 14% 40 11 20 13% 9 9 par (State of) .Brazil 7s '58 aRIo de Janeiro 6%s 179,000 ARussian Govt 6%s— a6%s registered 3,000 a5%s 122,000 51,000 ASantiago (Chile) 7s— 5 12% r Sold for cash. s Ex-dividend. Bonds 7% 1949 13 X % - being traded flat. t Reported in receivership. Abbreviations Used Above'. "cod" certificates of deposit, "cons" consolidated. Jan. 3 29 19 14 June 35 18 May 9 May 21 18 50 10 17% 25 Sale 17% Sale 3 1 1 23 16 16 11 16 11 19 11 17% 7% 11% 8 11 8% 10 6% 10% 10% 20 14 July July 1 24 19 July 13 17% July July 6% July 10% July 9% July 13 July 6 X July 11% July 10% July 24 5 24 26 22 7 Jan. 30 June 26 17 % July Apr. 24 12 Jan. 11 5 % May 31 8 June 12 7% June 6 20 June 28 July 5 11 25 20 35 26 36 20 28 20 28 26 27 Feb. 24 18% 10 10% 22% June 20% 10% 5% % 12 Sale 11 53 35 13% 15 8 Sale 3* 15 12% 6 Sale Sale 20 6% % 14*' "conv" convertible, 7% % %6 20 1 2 9 9 25% July 13% July 7% July % July 11 19 22 1 % July 15 July 22 30 % July 15 July 1 30 a "m" mortgage, "n-v" non-voting, voting trust certificates ,..w }•» When issued, "w w" with warrants, "x-w" without warrants. Jan. Apr. 9% Jan. 5 June % Jan. % Feb. 16 13 19 13 11 2 16 % Jan. 6 14% June 18 Deferred delivery sales, in 13 10% Apr. n 1 8 13 X Mar. 25 15 Jan. 24 26% Apr. 26% Mar. 3 20 14% 46% 16% 10% Mar. Mar. Mar. Mar. 13 13 20 11 % % % 17% Feb. 16 Feb. 1 Mar. 28 July 1 which no account is taken in computing range, are given below: Gulf States Utilities $6 div. pref., July 1 at "cum" cumulative, 5 8 Mar. 13 18 20 20% July 12 July 5 % July % July 49 7 4 Mar. 7 % May 2S 15 20 15 X May 16 Apr. 52 Jan. 18 7% May 16 6 15 20 6% 9 17 17% July 17% July July 20% July 25 11 July July 28 28 22 6 % "vtc" June 21 15 15 % July 3 15% July 20 10% 9 1959 1919 1919 1921 15 7 Jan. 14 20% 18 15 29 7 % June 15 28 20 12 17 20 14 Scilo 10% 9% 16% 14% 3 July 9 11 18% 13 8 11% 9 H 13% July 17 July 11 70 20 12 15 13 40 15 15 Sale Feb. 28% Feb. 25 35 35 9 29 20% June 26 Feb. 10 12% 12% 51% 42% Sale Abbreviations Used Above: value, a a 8 20% July 22 3 20% July 21 July 3 13 % July 16 22 22 3 20% July 21 July 14% 42% Sold under the rule. Deferred delivery sale, Highest Sale Prices 20 AMtge Bank of Chile 6s—1931 Mtge Bank of Denmark 5s 1972 AParana Lowest Sale Prices 35 30 26% 26% 13,000 92,000 107,000 198,000 Highest Sale Prices 26% 26% Mortgage Bank of Bogota— a7s issue of May 1927—-1947 a7s issue of Oct 1927 1947 10,000 5,000 9,000 Lowest Ask GOVERNMENT 20,000 5,000 Ask Bid MUNICIPAL 1,000 2,000 20,000 Bid Sale Prices July 31 July 1 1940 Bid • 1 RANGE SINCE JAN. IN JULY SALES . n 53 CURB EXCHANGE NEW YORK August, 1940] 111. which no account la are given below: Under the rule sales, in taken in computing range, No sales. r Cash sales, in which no account is computing range, are given below: No sales. taken in Chicago Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON CHICAGO STOCK EXCHANGE Stock Sales July. 1940 . _ _ Shares_ Jan. 1 to July 31 AGGREGATE SALES - July PRICES IN ~ 1,755 150 400 100 ~BONDS 1940 STOCKS Shares 1,050 Allied Products Corp Com 10 Class A 2,300 __25 4,216 Allis-Chalmers Mfg Co * 100 250 Altorfer Bros """210 3,638 3,295 100 1,750 250 550 "l~056 1,800 conv 344 Auburn Auto Co common 880 Automatic Products com 450 3,918 590 T.oeo 350 350 1,200 100 50 8,600 1,150 11,980 50 6,000 5,609 360 340 210 920 400 5,447 20,135 3,100 500 110 27,100 800 22,120 13,300 1,190 379,575 15,700 Cities Service Co common Club Alum Utensil Co com 540 195 170 842 20 400 20 100 com Vtc pref part shares Com part shs v t c A 10 * cap .5 l * 50 25 Decker (Alf) & Cohn— 460 1,860 150 Preferred 50 ..III 00 190 Deep Rock Oil Corp conv pref. * 5,259 Deere & Co common * see page 35* 10 Sale 12 13 11% 19% 10% 17% 11% 10 17% Sale 27 28 33 Sale W* "85" 96 Sale Sale Sale Sale 38% 5 2 1 A 29 3% % 5 2% 160% 4% 11% 2 10 4% 3 19% 89% Sale Sale 12% 1% 34% 4% 1% 8% 4% 2% % 162% 4% 11 1 31 4% ""% 10 Sale 3% % Sale 3% 2% Sale 6% 15 17% 9% 9% 17% 18% 9% 10% 5 5% 31% Sale 10 10% 4% 12% 8% 5% 15% 9% 14 15 1% % 15 9 10 4 Sale 23 Sale 25% Sale Sale 18% 4% 11% 4% Sale 8% 4% Sale 15 Sale 2% 2% 4% 4% 10% 13 9 16% 10 8% 4 30 4% Sale 9 5 9% Sale 18 16% Sale 17 14% 9% 2% 5% 16 11 16 17% 18% 11% 2% 6% 2% 5% 19% 11% 82% 6% 15% 21% 21°3* &» 1 Sale 6 7 70 Sale 16% 11 9% 2% 2 7 6 12% Sale Sale Prices 40 June 6 Apr. 15 19% Sale Sale Sale 81 78% July % 4% Sale 5 58 2% 110 Sale 4% 5% % % 98% 6% 19% 11% 4% 5% 2% Sale 16 Sale 11 Sale 2% 18 10% 1 64 8% 73% 5% 2% 30 2% Sale 2% "24" 61 Sale 18% 3% 12% 23 14% 23% Sale Sale 57 70 15 Sale 1 .1* 32 31 73 13* 26 102 9% 2% Sale 67 Sale Sale 2 6 26 5 Sale 30% 13% 2 % July July 5 % 107 45 6% 18% 10% 29 65H 65 July 8 July 61% July 2% 6% 33 6 24 1 July July July July July July July July July July July July 1 16 1 8 1 10 25 23 1 10 18 9 67 July 8% July 74% July 16 12 1 13 2 2 2% July 23 1% 15% 15% 56. y 2 16 16% 14% Sale 23 Sale 15% Sale 58 15% 1% 10 -..._ 60 Sale 2 11% 14% July 31 July 31 5 July 16% July 30 65 July 10 15% July 27 9 1% July 11% July 20 12% July July 99% July 14% July 60 July 14% July 1% July 10% July 23 102 32 6 8 15 3 41% Jan. 8 20% Jan. Jan. 11 175% Mar. 12 7% Apr. 24 May 9 1% Apr. 17 45% Mar. 11 17 Jan. June Jan. 31 ,2% Jan. Feb. 4 Feb. 8 *8 Apr. 1 8% Apr. 15 4% Apr. 16 May May May May May May May June May May May June 20 22 29 24 21 22 28 15 16 22 23 7 14 10% May 21 14% May 22 8% Feb. 14 71 May 24 Feb. 15 2 Apr. Apr. 26 3 Jan. 12 8 May 3 5% Apr. 9 36% Apr. 7% 18% 11% 18% 11 % Alar. 7 5 July 31 3 23% Jan. 25% Jan. 22% Apr. 20 Feb. 5% Feb. 11% Feb. 19 Apr. 4% Mar. 7% Jan. 23% Apr. 3 1 9 7 5 5 8 3 3 19% Apr. 20 20 Jan. 10 11% Jan. 11 88 % Alay 9 Jan. 3 8% Apr. % Jan. 120% Feb. % Jan. 4% July % Mar. 92 May 38% June 4% May 15% May 17 Jan. 11 77 2 13 6% May 9 Apr. 12 21 June 13 % May 25% June 37 55 84 9 June Feb 2 % May 30 2 10 18% 99% 13% 51 12 Apr. 4 8 Jan. 15 116 Apr. 26 75% May 10 11% Mar. 25 91 2 23 May 22 25% May 10 May 1 May 5% May 2 Jan. June 4 Jan. 1% May 21 Feb. '9 %6 June % Jan. 93 May % 22 Apr. 100 June 24 % 101 15 21 Mar. June 64 15 18 25 17 31 10 5 Jan. Feb. 21 7% May 53% May 6% July 2% July 33 July 31 July 13% July 2% July 6% July 9 1 4 14 20H Feb. 2% July 16 4% May 21 17% June 10 1% 107 23% 44% 7% 19% 11% July 2% July 2% 31 37% July z30 Sale July Sale 11% July 2 Sale July Sale 6% July 2 1% Sale A6 Sale 21 31 30% "" 40% 6% o 28% Sale 62% 67 63% % % % 2% % 2% 100% 115 7% 62% Sale 29 106* Sale "67" 65 5% Sale Sale 1 28% Sale 1% 25 % July 4% July % July 105 July 44% July 6 July 18% July 9% July % July 27% July 65% July % July Sale 3 2 2 % 3 S|H 2% May 15 5% June 1 23 16 8 6 Jan. Apr. 8 Apr. 15 4% July 16 % Apr. 4% May 2% May 9 12% July 16% July Sale 115 Sale 1 3% 24% 8% 3% 13% 13% 14% 11% July 5 July 23 80% 17% 35 23% 32% Sale 12% 14% 2% 3% 7% Sale 18% 23% 15% July 9 July 4% July 28% July 9% July 5 July 17% July 16% July 16% July 10 July 2% July 6% July 145 3% May May 4% 15% 8% 12% 7% 9% July 11 Sale 10 Sale 18% 16 11 23 81 4% % nA 30 23 July 5% July 20% July 13% Sale 4% 10% 5% July 2% July 70% Jan. Jan. May May May May 8 May 10 May 8 May 11% May 22% May 18% May 73 May 146 May 4 May 10% June 11 2% July 4% July 19 July 17 Sale 71% 28 34% 18% 2% 4% 16 45 Sale .. July 1 8% July 14% July 8% July 4 July 26% July 8% July 4% July 16% July 15 July 16% July 9% July 2% July 6 July 13 Sale 8% 90% 3% 1% 1 163% 4% 11% 4% July 8 2% July 22 17 103 A* 50% May 34% 7% 2% 2% ?. Sale Sale % Sale 108* 4% July 22 July 31 6 July 3 July 9 July July 29 July 19 July 23 15 Sale 72 90 14 Sale 113% 70% 3% July July July July July July 33% July July 17% July 28% July Sale 14% 20 16 30 5% 16% 8% 12 21 % 17 % July 4% 2% 10% 12% 10% 17% 87% July Sale 158% July Sale 4% July 11 12 July 1 July 1% 30 July 34% 3% July 4% 15 4% 28% 8% 3% 16% 3% July 90 % % 5 Sale 59 44% July 19% "88"" 1 5 2.030 Cudahy Pack Co 7% cum pf 100 8,050 Cunningham Drug Stores. .2% 410 Curtis Lighting Inc common2% 4,150 Dayton Rubber Mfg common.l Cum class A 772 pref 35 Far footnotes 171% 5% 15% 10% 14 2% July 9% July 12 % July Sale 21 440 50 Common part shs v t c B 1,190 * 7,748 Container Corp of Am com. .20 1,864 Continental Steel common--..* Preferred 460 JoO 9,817 Crane Co common. Common 19 94 11 10 20 H Sale 7% 3% 2% 9% 11% 7% 20% Consumers Co— 2,340 1 Hiohest June 144 , Coleman Lamp & Stove com..* Com'wealth Edison com 25 33,666 Consolidated Oil Corp 240 9% 19% 40% It* 47 2% 1 common 8 16 58 Sale 44 Sale 30 July 43%'July 59 44 2% Convertible preferred* Chicago Flexible Shaft com..5 Chicago & N W Ry com... 100 Chicago Ry pt ctfs 'T"____100 Chicago Towel Co conv pref..* Common capital * Chicago Yellow Cab capital..* Chrysler Corp common 5 5,500 Consolidated Biscuit 400 2,533 Lowest Sale Prices 110% May 22 131 Sale 58% 10 Compressed Indus Gases Sale Prices 120% 121% 122% 123% 1 6.830 Central States Pr & Lt pref..* 2,345 Chain Belt Co common * 4,100 Cherry Burrell Corp com 5 210 1,928 5 10 Convertible preferred 7,750 * 111,300 Cent & S W Util com (new) 50c Prior lien preferred 3,500 * Preferred * 5,900 127,450 Chicago Corp 18 1 2,030 Cent C^ld Storage Co com. .20 14,860 Central ill Pub Serv pref * Centra 111 Secur Corp— Common 9,900 1 10 Hiohest Sale Prices 40 49 9% 9% 3% Sale 3 3% 12% common Campbell Wyant & Cannon 5,57] Foundry capital * 2,360 Castle & Co (AM) common .10 480 Ask Ask Bid Bid Sale 5% 36,795 Butler Bros common 5% cum conv pref 33,246 400 Sale 47 * 9,800 Burd Piston Ring common 200 69 144 1 10,850 Bruce Co (E L) common 590 Bunte Bros common 300 RANGE SINCE JAN. 40 common 3 2,640 Brach & Sons (E J) capital * 2,400 Brown Fence & Wire cl A pfd. * Common 5,100 1 50 JULY Lowest July 31 July 11 Ask 128% 128% % 7% 3% Bendix Aviation Corp com 5 Berghoff Brewing Corp 1 Binks Mfg Co capital 1 Bliss & Laughlin Inc com ..5 43,480 Borg-Warner Corp common 5 10 700 3 45,771 28,210 3,450 15,055 150 1,550 3,170 __5 4.175 Barlow & Seelig Mfg A com. .5 8,050 Bastian-Blessing Co common.* 5,750 Belden Mfg Co common.... 10 8,850 Belmont Radio Corp * 450 150 * 2,610 Automatic Washer common 44,702 Aviation Corp (Del) 64,520 Aviation & Transport cap 750 360 * 100 100 30,415 Amer Tel & Tel Co capital 103,255 Armour & Co common 5 18,250 Aro Equipment Co com 1 46,150 Asbestos Mfg Co common 1 * 3,050 Associates Invest Co com 5,550 Athey Truss Wheel capital. .4 1,260 Backstay Welt Co 350 Barber Co (W H) 1,000 1.052 1,850 pref 5,270 American Pub Serv pref 56 $628,000 Par * 10,797 Abbott Laboratories com 170 4% % cum conv pref 100 2,614 Acme Steel Co common 25 1,790 Adams (J D) Mfg common * * 3,859 Adams Oil & Gas Co com 13,820 Advanced Alum Castings 5 9,400 Aetna Ball Bearing common 1 21,400 Allied Laboratories common. _* 250 375 .... Price 10,000 Chicago Ry 1st M 5s ctfs-.1927 618,000 Commonwealth Ed 3%s._1958 571 Jan. 1 to July 31.. 4,324,000 Bid '""312 1939 $102,000 986,000 Jan. 2 Jan. 1 Shares 1940 July— 676,000 CHICAGO STOCK EXCHANGE Since $ .... Bond Sales 1939 279,000 4,169,000 21 22 15 22 May May May May May July June May May 1% Mar. May 29% Jan. 9 , Jan. 3 6% May 2 3% Mar. 12 38 33 Apr. 15 Apr. 8 16% Mar. 7 3% Jan. 26 8 Jan. 4% Feb. 1% Jan. % June 3 8 13 6 19% Apr. 24 33 Apr. 9 110% Alar. 20 4 24% Jan. 72 May 9 19 2 Feb. Jan. 19% Jan. 31% Jan. 2 12 23 26 15 1 % May 21 28 May 15 30 Feb. 8 16% 7% May 9 13% May 22 11% Apr. 23% Jan. 23 4 1% 2% Sale 1% July 15% July 23 22 2 July 16% July 3 31 2% Mar. 8 AGGREGATE stock 1 Price exchange Jan. 2 Since STOCKS Jan. 1 9 45* Dodge Mfg Corp common—* "Sddy Paper Co. (The)——* J] Household Utii Corp -5 Elgin Nat Watch Co 15 fEversharp Inc common 1 20 Fair (The) preferred -100 2,734 Fairbanks Morse common—* Fitz Simons & Connell Dredge 6,800 3,200 38,850 16,850 3,700 250 6,950 10,680 10.000 33,500 4 4% 16 Hein Werner 27 86 5* 3 Sale 85* 985* 433* 5 15 35 245 63* 65* 2 4 10 * 95* 115* * Preferred 153* Carbonic common * 15* 5 253* * 2,020 McCord Rad & Mfg "A" * 660 McQuay-Norris Mfg com 50 McWilliams Dredging Co com * 1..100 Mapes Consol Mfg capital.---* * 62,557 Marshall Field & Co com 75* Loudon Packing common..— 11,700 2,150 Lynch Corp common A 2,000 1,140 1,082 150 1,700 4,790 125* 55* '345* 283* 303* 13* 815* 44 45* 8 "455* Sale 1* 25* j* 55* Elec A com... 66. 95* 12 95* 9 5* 13 5* 13 5* 2 2 20 22 .95* 145* 21 55* 30 Sale 225* ™ J 37 55* 38 33 293* 215* 295* 115* Sale 5 35* 30 35* Sale 45* 45* 105* 183* a\» Sale 4^ 35* 245* 4 Sale 27 315* Sale 35* 4 75* 16 105* 11 105* 105* Sale 70 17 60 185* 205* 12 13 5* 4 Sale 28 4 28 26 Sale 65* Sale 5* 5*6 3% Sale 55* 45* 43* 55* 5* Sale 5* 65* 85* gx 20 Sale 33 395* Sale 45* Sale 4 6 % 3* 45* Sale 4 5* Sale 4 55* a 8 12 3* 95* 175* May 22 May 23 May 22 July 24 May 22 May 28 May 22 May 27 May 21 31 16 1 234 July 20 July 16 8 26 July 31 23* July 30 ~ 833* July 45 3* July 31 9 14 11 24 23 July 23 3 - July 22 3 July 18 14 2 - 17 17 17 June 16 434 July 10 June May 1005* July 455* July 26 26 27 11 23 6 16 17 100 June Mar. 4 35* 23* H July 3 25* July 25 July 65* July 55* July 15* July 165* July 55* July 9 5* July 95* July 135* July 15* July 203* July July July July July July July July July July July July July July 9 25* June Jan. July July 17 5* 65* 95* 95* 145* 2 July 26 105* July \25 26 23* July 23 3* May 9 ll Feb. 13 :"s -.6 75* 195* 34 65* 85* 23 15* 30 37 6 125* 145* ♦ ♦ ".10 * 100 125* 53* 145* July 31 265* July 30 4 July July July July July July July July July 45* July 30 6 5* July 16 Me July 8 5 34 July 18 5 5* July 15 55* July 15 3* July 13 6 5* 534 July 8 July July 1 July 30 July 19 383* July 415* Sale 10 20 3 8 1 12 '215* July" 11 20 23 22 25 9 10 9 34 39 37 393* 10 15 13 July 83* July July 1 July 2 10 33 July 8 1 9 42 July 31 20 23 July 16 11 145* 183* 25* 285* 35* May 18 July 26 8 Apr. 5 34 6 83* May 22 26 35* Apr. 17 5 245*'i.Tune 3 3* Jan. 10 55* May 21 16 37"" July " 5 37 July 5 45* 35* 15* — --- 35* 15* 24 255* 23 27 9 5* 8 55* 13 10 Sale 145* 16 50 52 105* 13 ..... 13 93* 105* Sale Sale 13 105* 834 Sale 15 17 5* 47 55 105* 15 10 Sale 85* 93* 16 245* July 23 3* July 43* July 11 24 6 3 28 July 27 July 31 31 53% July 17 9 8 85* 10 12 26^ 42 25 July 5 9 July July 25 15 15 50 105* July 934 July 5 12 July July July July 31 10 July 25 15 30 31 July 24 50 July July 103* July 16 1125* 3 1^3* July 29 3* 41 155* 2 3* 13* 233* Sale 38 365* 27 285* 12 15* 195* 293* Sale 24 26 13 1 20 5* 33 24 95* July 24 10 July 16 34 5* 133* 15* Sale 3 23 28 12 Apr. Apr. 21 3 .Tune 26 Jan. 35 May 29 18 Apr. 22 4 6 4 73* Jan. Apr. 8 8 Apr. 5 3 305* Apr. 155* Feb. 21 325* Apr. 26 4 6 5 Jan. 30 Jan. 45* July 99* Jan. 5* June 5 3* July 65* Jan. Jan. 'P 30 11 24 18 24 23 Jan. 11 Jan. 20 8% Apr. 25 113* Apr. 11 24 Apr. 29 15* Apr. 16 425* Jan. 24 Jan. 30 30 169 May 21 555* Jan. 845* Mar. 28 3 9 Mar. 26 113* Apr. 10 405* Apr. 10 4 183* Apr. 98 Apr. 22 45* July 3 35* July 16 9 15* Mar. 28 May 22 283* Jan. 3 36 Apr. 6 53* May 4 155* May 7 12 Feb. 19 12 Jan. 20 203* Apr. 5 70 Jan. 11 225* Jan. 11 125* Jan. 18 23 205* May 24 3 Feb. 20 75* Jan. 30 95* July 9 7 3* June 15 125* May 21 45 June 11 85* May 24 9 5* July 31 June 18 1185* 145* 85* May 21 Apr. 12 109 12 11 Apr. 23 107 Jan. 4 Jan. 11 75* May 14 % Jan. 22 35 May 20 135* May 24 15* May 14 15 May 21 25 May 21 235* May 22 7 133* 5* 6 23 29 31 12 Mar. 28 39 109 11 9 10 73* July 9 5* 15 111 115* "II 8 10 May 28 175* May May 30 July 1683* Jan. May 32 1 Apr. 27 ---- 5 103* 43* July 3 25 Jan. 3 5* July 4 27 45* 10 1 Jan. 76 20 Jan. June 10 165* Jan. Sale 28 June 10 35* Jan. 8 July 98 8 24 15 35* 35* 5* 5* 6 13 Mar. 29 103* Mar. 95* Juiy 9 May 115* May iv* Jan. 203* July Tan. Jan. Apr. 26 4% Jan. 1$ Mar. 5 30 Mar. 65* Jan; 11 9 Apr. 20 35* Apr. 12 7 118 100 33* 255* 3 3* 53* 3*> 35* 4 5* 43* 5* Apr. Jan. Mar. 27 30 May 15* July 163* July Jan. 9 10 3 Feb. 5 26 113* July 31 3 Jan. June 5 4 12 101 90 34" 3* 73* 15* 28 495* 1035* 65* 35* 5* 13* 45* Jan. May May 35* May 38 22 6 ,3 30 235* Apr. 10 Apr. 9 50 9 63* Feb. 3 83* Apr. May 55* May 9 6 29 18 19 27 15 July 6 July 8 July 16 July 30 25 23 5 J an. 15 101 8 Feb. May Jmy 31 35* July 2 5* July 5* July 34 June 113* July 18 July July 1 Mar. 22 2 6 21 27 Feb. May 385* 35* 25* 1.15* July July 5* July 8 53* Jan. 135* Jan. 28 Apr. 35* Mar. 905* Jan. 623* Jan. 45* Jan. 43* Jan. elP, 18 8 24 165* Apr. 15 195* Apr. 10 Jan. May 65* May 183* May _ 8 15 8 155* Apr. 3 355* Apr. 20 May 2*' 8 17 203* Feb. 19 2 95* May 6 Apr. 16 7 10 Feb. 10 3* Apr. 15 1 263* May 42 Mar. 12 93* May 21 55* June 3 5 Mar. 1 8 May 21 7 June 26 25 July 29 34 9* July 1 103* May 21 30 Jan. 5 5* 100 Pennsylvania RR capital— 150 For footnotes see page 15* 35* 285* 75* 6 5* Sale 15* 15* 18 155* 65* 6 85* 125* 15* 11 Sale^# 5* -.5 1.600 Peabody Coal Co B com— 100 6% preferred 640 .10 1,700 Penn Elec Switch conv A.. Peoples Gas Lt & Coke cap. Perfect Circle (The) Co 6 33* 3 5* 43* July July 15#. 1005* July 44 July Sale "65* 12 9 8 Apr. Jan. Apr. Jan. Apr. Apr. Apr. Apr. July Feb. 25 Apr. 12 5* Feb. 273* Jan. 44 25* i* 15* 185* Feb. 27 125* July 1 97 23* 6 5* 6 5* 215* 43* 45* Common Penn Gas & "45~" 283* 55* 53* 1 10 4 45* 3 2 3 18 66 575* 125* 23* 493* 565* 75* 63* 55* 125* 47 5* 42 8 113* Feb. 10 43* May 16 175* May 9 5 Apr. 18 May 25 May 28 May 22 18 105* July 17 July 100 35* 25* 5* 15* 4 385* "25* * 24,450 Northwest Bancorp com * 1,850 Northwest Eng Co capital 1,040 Nor West Utii pr lien pref—100 7% preferred -100 3,470 420 Nunn-Bush Shoe common. .23* Convertible preferred 42 42 6 June 25 38 16 "34~" July 11 3 14 "145* 45* 65* 1005* 25 495* Apr. 29 6 36 423* July 115* Sale 195* 165* 45* 75* 30 1,000 Parker Pen Co (The) com.. 40 5 145* May 25 July July 25 July 81 48 45* 63* 1005* Mar. 6 25 12 17 19 29 53* 55* 93* 8 5* 13* July 21 45 1 45* 10 125* 163* 15* 28 d* -UH 18 Mar. 355* 83* 15* 365* 31 July July July July July 13 5* 5* July 25* July 7 5* July 24 July 3 25* 825* Sale 453* Sale 45* 25* 84 5 30 24 29 3 75* July 5 3 3* June 6 123* Feb. 17 3 May 28 July 435* July 45 3* July 4 5* July 43* July 55* July 85* July 15 5* July 93* July 205* July 155* July 10 Sale 26 Sale 23* 25* 13 5* 10 5* 173* 305* July 25* 25* 7 3* Sale 24 22 Mar. Apr. Apr. Apr. Apr. May 293* June 2 1 10 17 2 25 25 July 29 345* July 1 18 165* 473* July 125* July 5 5* July 55* July 85* July 75* July 123* Sale Sale 153* % Sale 3 25* 75* Sale 42 * Ward & Co cl A. * 1605* 555* Sale * 77 75 Mountain States Power pref 100 22 23 5* Muskegon Mot Spec class A..* 10 5* 115* Nachman Springfllled com—* 37 5* Sale National Battery Co pref * 14 5* 155* Nat'l Bond & Invest com * 90 5* 94% Preferred series A .100 45* 55* Nat'l Pressure Cooker Co 2 Nat Republic Invest Trust— 5* 15* Cumul conv pref..—-- — * 280 15* July 5 July 2 July 1 July July 31 July 22 3 15* Jluy July 25 1 425* July 45* July 31 3 3* July 24 55* July 24 8 July 23 145* July 25 95* July 18 175* July 25 385* 13 5* 30 75* 3 34 153* 45* 155* July July July July July 40 35 13 5* 9 35* 73* Preferred 270 22 1 28 11 1 2.090 Ontario Mfg Co common.. Oshkosh B'Gosh Inc— 8 355* 115* 25* - 83* Sale 19 pf. !Jan. 26 May 23 3 21 20 19 15 12 173* 45* 293* 25* 38 14 . . 2 383* July 3 425* July 13 3* 75* 65* 95* 83* 55s 28 25 30 35* 285* National Standard— Common stock -10 9,150 18,100 Noblitt-Sparks Ind Inc cap. .5 35.110 North American Car com.-.20 750 Northern Paper Mills com— * 4,010 Northern 111 Finance com—.* 1,650 14,022 9,757 1.740 123* Sale 75* 55* 5 63* 85* 83* 83* 75* as 100 Oklahoma Gas & El 7 % 976 Omnibus Corp common Preferred class A 40 July 2 Apr. Apr. Feb. Mar. 55 irA 60 83* Sale 155* Sale 95* 93* 195* Sale 75* Sale 25* 30 Montgomery Common 560 9 115* 55* 105* 143* 32 5* Apr. 2,167 Minneapolis Brew Co com—1 * 3,500 Modine Mfg common * 1,600 Monroe Chemical Co com 850 Sale 35* 7 Convertible preferred A * 43,850 3,450 Midland Utii 6% pr lien—.100 7% prior lien 100 2.750 7% preferred A 100 2,650 6% preferred A 100 550 9,910 Miller & Hart Inc conv pref..* 22,007 4 35* 145* Sale $2 cumul part pref * 2,390 32,110 Mickelberry's Food Prod com.l 153.600 Middle West Corp capital—5 5,100 Midland United Co common.-* 430 iH 16 Sale 15* 26 * 1 100 Masonite Corp common 22,300 Mer & Mfrs Sec cl A com 35* i 15J* 45* Sale 10 3 5* % 26 25 75* 35* 15 5* 33* 155* Sale 10 2 Sale Sale Sale 97 445* 25* — 1,000 Lion Oil Ref Co capital 4,424 85* — 102 Sale 99 * * 10 & Co common Cumulative preferred Le Roi Co common 4 165* 175* 165* Sale 193* Sale 455* 495* 6 63* 475* 95* 15* 405* 45 J* 45* 42 Sale 615* 35* 2,050 36.213 Libby, McNeill & Libby com. 7 9,250 Lincoln Printing Co com— 83.50 preferred * 1,710 12,310 Lindsay Light & Chem com. 10 1.951 Liquid 1 45* 12 J* 25 25* 88 25* 5 8,508 Kerlyn Oil Co common A 9,600 Kingsbury Brewing Co cap—1 4.900 La Salle Ext Univ common—5 45* Sale 10 23 3* 100 6 14 % 4,635 Kentucky Utii jr cum pref. .50 6% preferred 100 2,080 4.950 Ken-Rad Tube & Lp com A—♦ Leath 335* July 2 54 15 4 Joslyn Mfg & Supply Co com.5 Katz Drug Co common 1 Kellogg Switchboard com * 360 39 183* 35* Sale 255* Sale 45 135* 125* Jarvis (W B) Co new capital..1 Jefferson Electric Co com * 8,050 Sale 16 60 14 Co v t c__ Preferred July 16 July 25 1 July July 30 43* 155* 135* $6 preferred 550 July July 123* 165* 3 5* 255* 93* 14 5* Sale 9 5* 10 195* 205* Sale 135* 133* 30 31 „ Iron Fireman Mfg 34 125* July 15 July 3 July 23 July 15* July 8 395* 9,013 Internat Harvester common.-* ♦ 70 Interstate Power $7 pref 300 11 335* July 13 5* 8 1% 28H 25 com—25 3,800 Hubbell, Harvey, Inc com—5 1 3.549 Hupp Motor Car common 10 10,350 Illinois Brick Co capital 100 11,062 Illinois Central RR com 6.800 Indep Pneum Tool s t c new..* 1 3,071 Indiana Steel Prod com * 3,877 Inland Steel Co capital 2,370 23,876 6,150 1,350 14,550 11,850 105* July 34 413* Sale 425* Sale 45* 35* 45* Sale 185* Sale 75* 75* 55* 63* 85* Sale Motor Parts—3 Class B "SI Sale 12 36 83* Sale Sale Sale 12 3* 1,830 Horders Inc common.. * 1,460 Hormel & Co (Geo A) com—* 1,250 Houdaille-Hershey— 21.877 June 19 9 .45* May 17 45* May 15 95* May 15 31 May 23 9 May 21 115* May 22 ,. 65* 42 11 103* 23 J* Hall Printing 140 Heller preferred (w w) Hibb Spencer Bartlett 43* 52 565* Sale 103* 113* 2% 2% 47% Sale 54 J* Sale 35* 45* 65* Sale Co common—10 1.700 Hamilton Mfg cl A part pref. 10 1,800 Harnischfeger Corp common.10 Heileman Brewing Co G cap.. 1 17,950 4,850 Highest Sale Prices 17 15 69 63 pref (new) —20 55* 33* 155% 33* Sale Sale 165* 13% com—1 General Foods common.-- — * General Motors Corp com—10 General Outdoor Aav com—* Gillette Safety Razor corn * Godchaux Sugars Inc class A.* Goldblatt Bros Inc common. _* Goodyear Tire & Rub com—* Gossard Co (H W) common. _* Great Lakes Dr & Dk com—* 9,642 Lowest Sale Prices 11 35 32 115* 4% 10% 9,550 General Finance Corp 8,890 13 5* Sale 3 5* Sale 225* 23 2 25* 12 5* 15 Sale 395* 2,961 General Amer Transp com—5 5 2,050 General Candy class A 48,833 4,777 4,928 Highest Sale Prices 33 34 31 Ask 40 & Dock Co common * 1,850 10 3,300 Four-Wheel Drive Auto 5 6,850 Fox (Peter) Brewing com -1 27,300 Fuller Mfg Co common 8,000 Gardner Denver Co com (new) * cum conv "93* "1054 ■lift Sale 33% 34% 13 Sale 15 15% 3% Sale 24 Sale m 83 9 4 9 8 2,106 Diamond T Motor Car com__2 5,646 Dixie-Vortex Co common—— * Class A. 3,250 Lowest Sale Prices .July 31 Ask Bid 9 < 18 4 43* 55* Bid.. Ask 13 6 Bid Par ' 300 July 1 1940 Shares 180 De Mets Inc preferred 270 Dexter Co (Tne) common—-5 - RANGE SINCE JAN. PRICES IN JULY chicago SALES 55 stock exchange chicago August, 1940] 43 13 5* 13* Sale 35 25 15* July 195* July 293* July 24 July 11 "i % July 24 203* July 26 30 July July 30 10 1 34 26 25 May 9 Jan. 5 Apr. 12 Jan. 23 9 Feb. 20 Mar. 15 125* Jan. 25 J* Mar. 1 30 40 Mar. 1 15 5* Mar. 18 Jan. 2 17 24 Jan. 3 38 Feb. 15 29 Mar. 28 CHICAGO 56 AGGREGATE SALES PRICES IN JULY CHICAGO In Since STOCKS Par m 2,150 Potter Co (The) common 27,823 Pressed Steel Car common 250 3,733 650 Process Corp (The) common. 100 8,878 3,410 2,250 2,570 4,150 1,090 1,630 150 , 150 50 Preferred - 12* ..100 10 Raytheon Mfg Co com.--.50c 6% preferred 5 Reliance Mfg Co common—10 Preferred 100 20 Rollins Hosiery Mills— Common 4 10,500 230 50 8,600 Sangamo Elec Co com (new)_* 1 7,200 Schwitzer Cummins capital 22,506 Sears, Roebuck & Co capital._ * 6.150 Serrick Corp class B common _1 2,240 Signode Steel Strap Co pf—30 Common.. * 1,300 * 1,110 SIvyer Steel Castings com South Bend Lathe Wks cap_-5 27,650 200 1,250 3,936 50 410 100 100 2,000 14$ % * * Quaker Oats Co common Rath Packine common - 4% 1 * 1 1 11,900 Pines Winterfront common 1,443 Poor & Co class B ^ 210 Ask 5 3,000 Pictorial Paper Pkg com m Bid 119 "585 1,050 % 11$ 2,892 120 l",666 m m> 4,400 4,530 1,956 538 400 550 1,507 802 ""642 5,123 648 1,100 400 200 \ * 14,306 Union Carbide & Carbon cap.* 20,871 United Air L Transp capital..5 200 United Gas Corp common 1 20 4,530 U S Gypsum Co common 52,903 United States Steel common. _* 7% cumul preferred 100 5,973 1 14,940 Utah Radio Products com 6,200 Utility & Ind Corp common. .5 Convertible preferred 7 10,650 860 Viking Pump Co common * 120 "1,727 199 """30 200 Preferred * * tWahl Co common Walgreen Co common III Wayne Pump Co capital Western Union Teleg com.. 100 2.658 West'house El & Mfg com.. .50 * 2,450 Wieboldt Stores Inc com.. * Cum prior preferred 580 * 1,750 Williams Oil-O-Matic com. 11,850 26,523 98? '6,204 . 313 X 13% 9* 1% 25% 2X 22 X 6X 72X IX 4X 9 85 Vs J* 28 27 10 Sale 29 22 15% 14% 17 Sale 8% Sale 41 42 75% 12 IX IX 26% 12% Sale 2X Sale 13 12 2X Sale 6 7 . 15% 15% Sale 22 Sale 32 4 4% 2 3% 8% 75% 12 6% 7% 28 30 33% 60 11X 70 70 13 Sale 11 IX 22 X 10 1% 19 > Sale Sale 16 39 8% July % 16 3% July 23 July 6 % July 71% July 1% July 25 July 12 % July 24 12 July 22 25 July 1 __ 3% July 24 July 8% July 76% July 1X July 28 July 12% July 13 July 29% July 2 l% 6 7 Sale 6 5 19 X 17 X 38 X 4X 25X Sale Sale Sale 4 X 28 Sale 19 Sale 17% Sale 39 Sale 4% 53 55 50 X 115% 1 IX Sale Sale 1 % X IX 25 19 4% 12 65% 53% 118% 1 % l! 22 21X 26% Sale 22 Sale Sale 6% July 28% 69% 11% 1% 24 July July July July 7% July 33% July 70% July 12 July 1 % July 22% July 10% July 1 25 20 Sale 18 18 30 2 18 30 31 5% July 2 7% July 31 31 16 12 8 23% 18% 17% 37% 4% 10% July July July July July July 67% July 15% July 28% 20% 18% 39% 4% 12 16 25 30 July July July July July July 2 1% 11,400 14,150 Woodall Indust common... -.2 * 7,194 Wrigley (Wm Jr) Co capital 4,950 Yates-Amer Mach capital. -.5 AX 3% 84 X 2% 5 4 88 33,667 Zenith Radio Corp common 16 16X 4% 4% 77% IX 10% Sale 5 81 2X Sale ----- 4% 90 > 18% 96% 4% Sale 98 6 95 90 19 Feb. 3 19 % June 26 % June 10 8% July 16 4 4 16 2 14% Jan June 19 7 123% Feb. 155 July 26 55 X Jan. 17 Jan. 12% Jan. Feb. 1% Feb. 20 1 May 1 71% July 17% July Jan. 30 19 28% July 65 June 17% July 89% July 3 3 91 1 4 July July 2 28 22 9 10 20 31 30 91 July 1X July 9 9 4% July 5 July 82% July 2% July 11% July 1 3 16 16 17 4 15 7 14 12 19 4 22 15 2 Apr. 8 22 31 9 Feb. 17 9 29 Jan. 6 6 60% June 12% May /8 Feb. 7 '/8 May 10 25% Mar. 9 32% Jan. 4 47% Apr. 8 5% Apr. 24 16% Apr. 8 & _ 88 Jan. 3 23% Apr. 4 Feb. 1 25 3 Feb. June 87% 68% 124% 1% 2* May 18% July 96% July 38% Apr. 80 Feb. 14 Mar. 2% Mar. 2% Jan. 28% Apr. Jan. Jan. 29 3 Jan. 14 41% May 103% May May July 15 Apr. 11 12 Feb. 101 Jan. Jan. 23 1% Apr. 15 1% Mar. 18 May 28 1% 16% 14% 14% 6 7 30 June sill 9 Mar. 111 June 12 4 Feb. Apr. Apr. 4 17% May 10 Jan .*18 15 May 22 1 May 21 1% Mar. 25 10 31 31 88* 3?* 8 20% May 10 May 1% Jan. 4% May 4% May 15% Jan. 17% May 12 8 4% Apr. 30% Apr. 26 May 5 33 3 65% July 25 55% July 1 .118% July 1% July 9 % July 22 19 1% July July 4% % 28 18 June 13 33 17 19 IX 90 17% 90 11 28 4 20% June 6 May 62 May 1% May 25 July 12% July 10% June 20% May 1% May 108% Jan. 95 May 22 30 25% July 11 July Sale 53% July 49% July Sale Sale 115% July 1 1% July % % July 1% July 1% 24% Sale 18% 93 6% 95 1% Sale 117X 6X Sale 116 141 39 38% 19 X 16 June 26 IX 20 X 95 May May June May May 1% Feb. .6 24 X % 5% % 6% % 10 2 IX 5X 71% 17% 40 Sale 4 X Sale 17X IX Sale 76% 13 10X 68 X 17 Sale Sale Sale Sale Sale Sale Sale X 14% Sale 12 87% 16 X Sale 8% July 155 16 .100 6X 11 IX X IX 30 2 24 26 30 9 % % i 103% X Sale 66 X Sale 1% 14 11 29% 12 117 Sale Sale 25 Sale 86 4 25 23 14% 83 16 July July July July July July July July 101% Apr. 10 101% Apr. 11 1% 1 95 Sale 8 101% 3% 25 Sale Sale Highest Sale Prices 5% Feb. 14 3% May 15 4% 1 Sale 1 Lowest Sale Prices 7% % 8 14 X 10 3% 1 11 15 25 Highest Sale Prices - 28X 12 23 Lowest 7% July 8% % July % 10% Sale 8% July ox X July X 1 102 103% 100% July 146 153% Sale July 146 38 40 38% July 41 % July X X 101% 10% 25 24,521 Stand Oil of Ind capital * 1,170 Stein & Co (A) common 1,000 Sterling Brewers Inc common. 1 5 14,213 Stewart-Warner Corp com >10 1,200 Storkline Furniture com.. .5 71,510 Sunstrand Mach Tool com Swift & Co capital stock 25 59,153 22,392 Swift Internacional capital. .15 25 8,459 Texas Corp capital 25 12,235 Thompson (J R) common 2 7,700 Trane Co (The) common X 1 101% 2 609 Standard Gas & Elec com ■» X 8X X 100X 145% ~48~~ 45 IX 10 151 St Joseph Lead Co cap 600 St Louis Nat Stockyards cap._* 5,600 Standard Dredge (new) pref. 20 Common (new). 1 15.865 40 100 1 107 X 95 9,007 Spiegel Inc common. 200 Sale 145 380 South Colo Pow cl A com—25 . 3 X 7 Sale 3,740 Southw G & E Co 7 % pref. 100 120 Southwestern Lt & Pow pfd__* ______ 4% X Ask Ask Bid Bid Sale Prices July 31 July 1 1940 Shares ■' 1 Jan. 2 Jan. 1 Shares RANGE SINCE JAN. Price STOCK EXCHANGE July EXCHANGE STOCK 24"/i 40 2 May May May Jan. Jan. Apr. 23 Jan. Jan. Apr. ay 5 12 4 8 Jan. 2 Feb. 5 9 May 8 Jan. 3 Jan. 4 Jan. Jan. 10 95 Apr. 30 1% Jan. 9 23% 24% 28% 117% 7% June 76% June 4 May 88% June % May Wisconsin 250 1,700 927 150 2,080 Bankshares— Common * _ ♦No par value, 2X 4 Sale 11 Sale t Name changed from The Wahl Co. to Eversharp, Inc. \ Sale 5 79% 2% x 2% 4% 77% 2% 10% July 23 July 18 July 10 July 15 July 3 Ex-dividend. 3% 3% 72% 1% 8% May May May June May 15 15 23 12 22 5% Feb. Apr. Apr. Apr. Apr. 6% 93% 3% 17% 3 16 29 8 8 Baltimore Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON July - Shares. _ 290,442 Jan.. 1 to July 31 In Jan. 2 Jan. 1 BONDS 500 4,000 Certificates of indebt 5% 1,106,850 Ba.lt Transit Co 4s flat 1975 A 5s flat. 383,750 1975 B 5s 1975 61,000 44,000 Finance Co of Amer4%-_1947 Georgia & Alabama Ry Co 1st mtge cons 5% 2,000 1945 500 Georgia Marble Co 6% 1950 3,000 Interstate Co 5% 1944 4,000 Interstate Bond Co 5% -.1946 1,555 STOCKS * 50 900 Atlantic Coast L (Conn) 8,247 Bait Transit Co com vtc 498 15,697 1st * * preferred vtc 65 Black & Decker common 20 Brager Eisenberg Inc com 343 298 236 41 12,068 3,342 3,924 2,445 1,800 2,300 5,900 Eastern Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale 32 32% Sale 36 38 96 84 27 312* Sale 322* 30% 34 100 103 2* 103% 100% 30% July 1 33 34 37% July 1 93 93% July 12 102 July 30 102 July July July July 30 30 102 Sugar Assoccom v.t.c.l 1 Fidelity & Deposit 20 Fidelity & Guar Fire Corp—10 Finance Co of Am class A 5 _ . . _. 10,344 Houston Oil preferred 46,230 Mar Tex Oil Common class A 13,934 25 July 20 80 July 20 253 261 Mercantile Trust Co 149 110 2,367 100 99 """50 24,002 11,368 1.358 22,050 2,701 N ew Amsterdam Casualty North Amer Oil Co com Northern Central Ry Owings Mills Distillery Penna Water & Power com 2 """lO 100 20% 216 2,969 25 * No Preferred 50,982 U S Fidelity & Guar 1,023 Western National Bank par value. x Ex-dividend. 21 142* 15 40c 132* Sale 13 Sale 1.55 Sale 25c Sale 1.60 Sale 132* July 25 3 122* July July 1 1.60 July 1 23c 1.60 172* 1.70 18 80% 82% 117% Sale 73 % 115 Sale 78 Sale July 20 June 3 Feb. 20 3 3 18 9 10% Sale" 30% Sale 123 30% 9% 125 l2oH 6% 17 107 27J* Sale 6 62* 18 19 115 115 Sale 9 Sale 28 11 May 24 3 122* July 1 July 1.35 May 18 23c 21 722* July July 115 Sale 152* July 122* July July 1.85 July 31c 2 78 1 118 July July 13 2 4 62* July 30 172* July 12 July 19 115 272* July 9 272* 9 9 July 1 6 17 110 July 1 July 9 July 31 July 9 July 1 Sale 15 Sale 17 18 162* 17 1 Sale 1 3oc Sale 30c Sale 40c Sale 1 July 162* July July 30c July 40c 5 9 8 1 16 Jan. 25 55c 4 2.50 Apr. 6 Feb. 15 21 V< Feb. 5 9 4 May 9 14 50 Feb. 6 1 July 192* Apr. 5 3 9 June 27 May 46 17 Feb. 212* Jan. 202* Apr. 5 202* Apr. 5 202* Apr. 69 May 28 832* Mar. 26 1112* June 12 1192* Feb. 10 Mar. 20 8 Apr. 4 14 Apr. 18 May 21 16 May 28 312* Apr. 23 Jan. 8 912* May 22 130 25 May 21 322* Feb. 27 4 9 45c Feb 1 July 172* July 5 9 12 5 July May 21 45c July 1 26c June 45c July 17 1 6 10 65c Mar. 26 1.25 248 13% Sale 272* 28% 272* 28% 28 382* 50 50 60 Sale 1 1.40 50 1 862* 35c 48 67% 68 142* 2.00 1.05 162* "172* 862* 15 45c * * 1.50 89 Sale 2.00 49 1.25 43% 13 % Sale 12 12 "872* 2.00 84 20c 110 62 July 122* July 282* July 2.00 July 49 July 50 July 162* July 1.05 July 86 % July 16 248 3 2 3 5 8 2 29 25 Jan. 11 June 14 Feb. 9 60 July 20 622* July 14 49 8 50 Mar. 12 May Jan. Sale Sale 5 862* July 29 72 July 25 11 July 1 862* July 72 July 10 July Sale 172* 302* 172* 34 192* 332* 26 July 12 Apr. 5 Apr. 23 22 25 90 Mar. 27 Feb. 24 40c Jan. 21 \7it Jan. 11 3 9 542* May 28 722* Jan. Apr. 24 Apr. 24 112 Mar. 9 90 86 % July 29 Sale 34 172* July 332* July 3 19 20 July 31 332* July 19 71 Mar. 27 75 36 Feb. 17 40 Apr. 10 22% 33% 6 Mar. 27 112 95 11 55c 33 23c 110 85 19 14 382* June 442* Jan. 12 May 1.00 May May 35c 55 62 July 122* July 272* July 1.30 July 46 July 50 July 142* July 1.05 July 852* July 248 Apr. June 4 2 12* Mar. 248 July 16 265 3 27 12%, July 1 292* 262* June 1 1.15 June 22* 1.00 239>* 25c 33 50 20 Mar. 28 May 21 101 Sale .2 14 80 100 22 183 Phillips Packing Co 52*% pf 100 22 Real Estate Trust Co 100 404 Seaboard Comm'l 5% pref ..50 Common 10 59 7 8 3 100 100 45c 2 Mar. 100 - 92 Apr. 6 Apr. 6 Mar. 1 Jan. 12 July 20 June 48c 3,893 Merch & Miners Transp * 1,927 Monon W Penn PS 7% pref_25 1,193 MtVern-Woodb Millscom.100 Preferred 100 1.357 30 288 National Marine Bank.. 334 271 Mar. 28 SO 100 100 Martin (Glenn L) Co com 13 87 352* 402* June 6 952* May 28 103% 100 35c 1 Maryland & Pa RR com—100 90 May 15 May 21 May 21 10 80 1 Preferred v.t.c._ 23 17 8 16 100 3 Georgia Sou & Fla 1st pref. .100 125 Guilford Realty Co 6% pref 100 20 Common 1 20 491 Ask * 406 Davison Chemical Co com 65 Lowest Sale Prices July 31 1 5,441 Consol Gas E L & Power * 1,940 42*% pref B ...100 580 "433 Bid par 34,065 Arundel Corp 100 1,249 Ask Ask Bid 93 Bid _ Shares Shares July 1 1940 BALTIMORE CITY BONDSAtlantic Coast Line Conn 107,500 17,000 4,500 4,000 1 Price Since July RANGE SINCE JAN. PRICES IN JULY BALTIMORE STOCK EXCHANGE $313,050 1,568,050 $133,500 1,648,350 AGGREGATE SALES 1939 1940 Bond Sales July 40,479 319,836 21,059 Jan. 1 to July 31. BALTIMORE STOCK EXCHANGE 1939 1940 Stock Sales . July 10 16 Mar. 142* May 21 33 May 25 Feb. 232* Jan. 37 Mar. 2 1 I5 I9 1$ RANGE OF PRICES ON BOSTON STOCK EXCHANGE 1940 1939 210,789 2,658,137 July 2,691,606 Shares. Jan. 1 to July 31 ' 1939 1940 Bond Sales 315,484 Stock Sales $96,050 399,850 $325,550 July_ 608,465 Jan, 1 to July 31 AUUREUATE PRICES BOSTON SALES 1 Jan. 2 In Since July Jan. 1 $ RANGE SINCE JAN. IN JULY Price EXCHANGE STOCK BONDS 1940 Par $ Bid Ask Bid Bid Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Price* July 31 July 1 Ask Ask Boston & Maine RR— 58,500 159,900 58,000 6,700 58,500 17,000 250 22,050 61 295 4,254 Bird & Son, Inc 12,172 Boston & Albany 22,164 Boston Edison Co 2,597 Boston Edison (new) 1,483 2,597 884 ""161 9 """§73 140 18,824 4,766 13 324 70 1,664 10 349 755 159 100 331 101 1,170 5,000 125 14 """436 7,085 - * __100 100 Preferred Mining Co... ""loo 7 212 115 343 "'371 2,845 ""'300 30 1,066 6,890 5 49 48 70 288 2,377 240 159 150 659 1,058 95 50 2,650 '""684 3.331 352 1,800 58 * Sale IX 31% 17 X 75 92 Sale 11% Sale 8 Sale 81 Sale lk X 135% Sale 18% 85 9 Sale 163% 18% 80% 9 36% 41 17% B Adjustment Sale 18 1 2 IX IX , July 31 July 31 July 17 July 27 July 22 July 4 10 Sale 7% 2k 3 3 3k 2X 3X 3 3X Sale Sale 2k 2k 2% 2k 2k 2k 2% 2% 1% 3,237 Maine Central Preferred 5% 1,920 Apr. 60c Jan. 2 Jan. 18 17 20 July 11 82 July 8% July July 133 July 34% July 40% July 17% July 9% 83 80 137% 36% 42% 18% July July July July July July July 1 July 9 1 % July 10 22 18 23 26 8 11 1% 3% 2% 1 % 11% 11 4% 2 2 2% 2% 8% July 2% July 2 July 3 July 3% July 2 July 2 July 2% July 2% July 11% July 11 July 1 July 5% July 24 31 29 25 13 July 11% July 1% July 6% July 1 2% 49% Sale 24 4 2 July 9 July 3 July July 29 July 10 3 July July 19 July 11 4 July 2 3% July July 15 July 49 July 21% July 75c July 63 July 11% July 2 July 3 % July 22 July 2 75c 66 Sale 2 4 26 43% 17 63c 59 8% 1% 3% 20 20 17% July 24% July 40 3% 4 4 42 4% 44% 38c 1 4 Sale 3% July 4% July 3% July 44 July 50c July lie July 10c 1% 13% __15 25 1% 12 16 1 2 10c Sale 5% Sale 19 1% 1% July July 4% July 15 July 1 July 12 25 29 2 16 26 1% July 5% 15 Sale 14 5 1 * * ii6% 100 a1H Sale 100 10c 22c 14% 23% 1% 9% 1% 12 60c 38 _* 25c 28c Sale Sale 2% 9% 7c Sale 1.00 44 40c Sale 10c 10% 20% 1% 8% 9 8% 60c 37 '11% Sale Sale Sale 1% 9% Sale 70c 47 26% 28 Sale "30"" Sale Sale 44 38c 2 80 90 2% 7 1% 7c Mar. 29 3% Mar. 12 Jan. 2 Jan. 20 25 15 3 55% Mar. 12 24% Apr. 3 20 5 10 3 20 5 16 25 72 12 25c 31 11c 8 10c 9 10% 20% 1% 8% 1% 9% 8% 22 9 26 25 1 22 17 19 3 60c 27 27% July 1 July 8 July 23 July 12 July 2 July 8 July 16 July 31 July 17 July 31 July 8 July 24 July 5 July 17 July 19 July 16 Sale Sale 45c 2 31 July 65% July 44 July 43c July 9 24 31 8 3 82 29% July 61 July 40% July 40c July 90 6% 7 1 1% 25 6% July 1 25 July July 7 July 1% July 26 July 26 1 26 4 2% Jan. 9 28 May 23 Jan. 20 Apr. 24 6 6% Feb. Apr 11 May 9 2 12 18 26 8% 2 25 21 2% 26 5c 24 17 22 6% 4 6c 23 20 38% 13 23 137 20 15 27 20 Jan. 17 Jan. 26 10c July 31 10c July 8 7% May 23 40c 61 25c 14% May 1 May 7% July 1 July 7% May 5% May 57c Jan. 27 July 22 15 26 25 21 TV/Toir 2 Jan. 3 Apr. 24 Feb. 9 Feb. 15 Mar. 19 Apr 24 Apr. 27 May 11 Feb. 26 Feb. 8 Jan. 5 Apr. 22 4 Apr. 20 65 May 16 % Feb. 21 92c May 8 Mar. 27 78 60c Apr. 8 15c Feb. 29 52c May 13 16% Apr. 24 28% June 28 1% Jan. 16 9% Jan. 12 il* Feb. 6 Feb. 17 5 21 12% Jan. 22 19 75c 22% May 22 5c Jan. 8 25% Jan. 55 May 39% June 35c May 1% Mar. 70 June 5% May Mar. 4 4 4% Feb.' 2 44 Juiy 20 % Apr. 20 11c Apr 11 6 12% Jan. 11c Apr. May %6 Apr. July 9 16 25c 1% Jan. 11% June 4 % July 15 May 1 July 5c Apr. 12 May 4% Jan. 4c Apr. 1 May 33 July 108 May 3 18% Jan. 26% Apr. 31% Jan. June 20 3 3% June Jan. 7% Apr. 23 30 Apr. 20 June 12% May 16% May 23% May 11 11 17 23 7 25 17 26 50c 5 21 May 63 20 11 Jan. 11c 10c 55c 25% Sale Sale 47c 6% 20c 10c Sale 30% Sale 24% 84% 43% * common. Sale 11% Sale * 855 Venezuela Holding Corp____.l 100 4,228 Waldorf System Inc „_* Bros 26c 41c 70 59 * 18,710 Torrington Co (The) * 200 Union Cop Land & Min Co..25 3,890 Union Twist Drill. ___5 31,026 United Shoe Mach Corp. 25 6% cum preferred 25 2,926 1 25,717 Utah Metal & Tunnel Sale 7 13 1 70 64c 28 17 July 29 5 July 9 17 July 30 1 % July 3 1 5 3 20 3 9 66 4 %« July 40c July 72 July 25c July 10c July 10c July 9% July 19 July 1 July 7% July 1 July 8% July 7% July 60c July 27 July 24 July 3 May May 1 % June 3% Apr. 5 15 6% cum pref ..100 3,299 N Y N H & Hartford 100 115,065 North Butte Mining __2.50 126 Northern RR (N H) 100 2,390 Old Colony 100 Certificates of deposit 1,194 3,868 Old Dominion Co __25 * 3,918 Pacific Mills 24,004 Pennsylvania RR 50 5,420 Quincy Mining Co 25 _* 2,334 lieece Button Hole Mach 985 Reece Folding Mach Co 10 * 15,771 Shawmut Assn * 16,662 Stone & Webster Inc. 4 June 1% July 34 July 117% July July 33 July 112% July 17 7 July 5% July 1 Mar. 27 54 10c 1 4 45c 12 12 15 July July 5 18 12 10c '14% Apr. Jan. % Mar. 8 5% Feb. 21 Mar. 26 9 1% 13% Mar. 31 2 10 5 26 22 19 July 24% July 2 3% July 3% July 24 3 3% July 35 3 July 40c July 27 11c July 16 8 July 1% Mar. % Mar. 20 3% 5 1% May May 12% May 20 1 3% Sale Feb. Jan. 8% Feb. 3% May 5c 2 10 Mar. 28 I* Jan. 26c 10 Jan. 10% Jan. May 2% Jan. May Apr. 3 k July 2% May 3% Mar. 3% May 1% Feb 16 Apr. 19% Jan. 4% May % Sale Jan. 1 % Jan. Jan. .Tune ----- 19% 25% * * com % Apr. 2% 3% July 2 July 9 July 26 July 24 July 3 July 17 July 12 July 30 July 6 15 * Jan. 3 12 19 common 38% May 16% June 2% 3k 2% 7 Mar. 12 12% Apr. 86 149% 36% 50% 20% 2% 8% 34% July 2 20 * 103 8 May z66% May 126 May 15 20c 65c 15% May July 80 May 18c 64 11 P June Feb. May Feb. May Feb. June July Feb June 1% 48% 21% 175% %6 Jan. 1X 1 % 1% 1 % 1 % 1% 6 .100 6.770 Mass Util Associates vt c 1 400 Mayflower Old Col Cop Co..25 5,89/ Mergenthaler Linotype * 21,978 Narragansett Rac'g Assn Inc.l National Ser Co common National Tunnel & Mines N E Gas & El Assn pref.. New England Tel & Tel 1% Apr. 13% Feb. 144% May 2 Sale 5 10 10 Sale 2% 1 5 arEx dividend. 96 2 106% Apr. June 24 106% Apr. 1 5% 100 429 Warren (S D) & Co Apr. July 5 Sale * 3,735 Isle Royale Copper 408 Loew's Theatres (Boston) No par value. 98 June 12 101 % Mar. 26 101 2 11 20 Class B 2,690 Warren 72% July 31 22% July 31 -86 1 13 * 890 Suburban Elec Secur 2d preferred 90 67% July 26 19% July 26 87 ^June 14 30c July July July July July 1 * 780 Helvetia Oil Co T C_ 140 lnt'l Button Hole Mach Co 16 40c 1 % 5 5 20 10 162 X 11 2 * * Preferred July 1% July July 158% July % July 18 80 19% 1% 1% ~~7X 40c 19% * Preferred Economy Grocery Stores 21,047 Employers' Group Assoc 480 General Capital Corp Georgian Inc (The)— 180 8% cum class A pref 1,490 Gilchrist Co 8,569 Gillette Safety Razor Co 636 Hathaway Bakeries class A 1,300 1,705 230 13,085 Sale 42 75c 50c 100 34,333 Eastern SS Lines, Inc 50c 2 Sale Sale 100 Preferred ----- 81% Sale 2 2,268 2,695 1,107 2,675 35c 18 160% 78 145 X 50c Gas & Fuel Assn com.* 477 Vermont & Mass Ry Co 314 65 30 IX 18 100 100 100 100 559 100 4 29 New River Co 434 171 40c 25 4% % cum prior pref 6 % cum preferred 2,440 East Mass St Ry Co First preferred 1,427 - 99 .__* 10 Co.. 25 460 lk 100 10,188 8,353 975 111 345 424 50c preferred 100 1st pref stpd 100 1st preferred class A 100 Class B 1st pref stpd 100 1st preferred class B 100 Class C 1st pref stpd 100 1st pref class C 100 Class D 1st pref stpd 100 Class D 1st preferred 100 CI E 4 % % cum 1st pf std 100 Boston Personal Prop Trust. _* 3,186 Eastern 925 25 1% 15 Class A 287 East Boston 595 35c 100 13,170 Copper Kange Co """451 95 101% 101% ... """690 342 101 Prior 211 Cliff 110 96 95" Sale 92 101 1,055 Brown & Durrel Co common.* 7,027 Calumet & Hecla 5 557 1~,620 "89 96 .25 734 Boston & Providence 25 200 102 93 100 11,495 Boston Elevated. 8,385 Boston Herald Traveler Corp.* 364 Boston & Maine pref stpd__100 882 Common (stamped) 100 953 " "92" "94" 72% 67% July 26 19% July 26 22% 95 89 July 2 92 July 1 100 i01 July 2 102% 96 July 24 100% par 230 Bigelow-Sanford Carpet com.* 977 o% cum pref 100 1,398 290 . . 1948 1948 ^.194S _ 211 662 A 4%s '48 5,494 American Pneumatic Service. * 4,863 6% non-cum preferred 50 First preferred 1,458 50 86,072 American Telep & Teleg 100 1 1.769 Assoc Gas & El Co class A 7,610 146 350 ser STOCKS Shares 28 251 599 1 Series C 6s Series D 6s % Sale Sale 96% 72% 22% 1960 1970 A 4% Inc mtge A 4 % 250,ono East Mass St RE Series B 5s.. 39,250 1,100 Shares 1st mtge 159.900 4 Mar. 14 45% Apr 5 33% Mar. 16 5c 31 Jan. 8 Apr. 30 18 4 22 8 10 21 78% Mar. 20 44% Apr. 29 91 31^ 62c 2 91 Apr. 12 Mar. 2 Apr. 16 Mar. 8 Mar. 18 Apr. 30 Cleveland Stock Exchange MONTHLY AND YEARLY RECORD THE CLEVELAND STOCK EXCHANGE RANGE OF PRICES ON July Shares_ _ AGGREGATE SALES 32,757 212,844 24,366 314,740 Jan. 1 to July 31.... In Jan. 1 290 177 67 100 Shares PRICES Par ^ 155 59 5* 60X li* 13 * 100 Prior preferred ""123 238 13 """57 "'436 75 40 3 100 common 6,253 City Ice & Fuel 214 63*% preferred * ..100 910 Clark Controller 16 597 1 8,788 Brewing Corp of America 132 1,021 1 Cleveland Builders Realty—* Cleveland Cliffs Iron $5 pf— ♦ Clev El 111 $4.50 cum pre? * uCleve Graphite Bronze com.l Cleveland Kys 100 3,139 12,203 55,869 Cliffs Corp 5 4,746 Colonial Finance Co common .1 835 Commercial Bookbinding * 1,402 Dow Chemical 5% pref 100 4,219 Eaton Mfg. Co.common 4 789 Klec Controller & Mfg ♦ 377 Faultless Rubber Co com * 1,026 wFirestone Tire & Rub com.. 10 1,030 Fostoria Pressed Steel * 3,781 uGeneral Electric com * 1,523 General Tire & Rubber com. .5 115 Preferred 100 413 1,797 uGlidden Co common * 5,216 Goodrich (B. F.) Co.common * 104 5,163 Goodyear Tire & Rub com—♦ 45 10 5 """55 410 5 100 150 550 400 470 "Ho 366 Great Lakes 215 Preferred 1,009 2,271 3,386 5,587 1,082 4,025 7,576 870 930 125 120 .5 50 Preferred * * * ^Industrial Rayon com ulnterlake Iron common Inter lake * ——* SS Jaeger Machine * Kelly Island L&T * Lamson-Sesslons—_—.—_♦ Leland Electric * uMartin (Glenn L) common..1 McKay Machine —* McKee (Arthur G) class B * Medusa Portland Cement—_* — 2,800 1,683 Metrop Pav Brick Co com.. 59 * Metropolitan Pav'g Brick pf 100 * 1,649 Midland Steel Prod. 3,123 Miller Wholesale Drug * * 415 Monarch Machine Tool Co ""325 311 1,135 Murray Ohio Mfg... t 235 Myers (F E) & Bros Co com.. * 1 5,967 National Acme Co com 5 12 180 219 110 140 890 1,737 20 4,572 uOhio Oil 5,479 1,972 1,868 2,542 15,279 21,007 1,215 17 245 905 47 60 50 100 813 150 2,251 55 25 175 ""422 323 30 56 510 53 10 105* "20% 5% 89 163* IX 18 133* IX 49% 15 13 % 3 63X 183* 17 X Sale Sale nr% 114 12% 31 34 33 25 28 21 15 Sale 15 6 116 30% 17 !§* im 50 21% ~4l" 23% 12 18% 12 X 20 12% 143* 24% 12 17 66 12 51% 36% 12 36 133* 133* 3X 12X 41 — 14% 35 103% 94 3 4 28% 12% 42% 16% 16% 4% 12% 41% 21% 8 38 123* 2% 8 28 13 13% Sale 15 15% 45 13% 37"" 40 39 97 13 5% 13% 29% 73* 383* 125* 123* 33* 17 ib 10% 10 50% 14% ~15X 35 8% 1153* July July a32 x 12 al45* July a34 113* July July 36% 17% 18 16 18 2X 30% 2X 383* al33* al25* al53* 155* 55 1% % 113* 21% x 25 a215* July 8 a8 July 3 40 July 3 123* July 29 123* July 9 July 17 10 July 17 25 al05* July 29 16 60 53 38 195* al65* July 193* al73* July 33* al54 July 35 July 413* 11 1 X 5* a5* 123* all5* 295* 295* "22"" a203* 21 5* 12 53* 75* 93* Sale 13 163* 17 323* 34 43* 11 113* 173* 343* 33* July July July July July a6 July a73* July 93* July 11 July all 13 July 18 al63* July Sale 33 July 43* a35* July 113* 123* 25* 73* 113* 535* 45* Sale 4 454 4 5* 83* 12% 47% 28 303* 93* 315* 283*11 153* 17 In primary markets on which odd lot sales were based, 95* 323* 183* z a333* a42J* 23* a73* July July July July 12 July a553* July 45* July 5 July July July July July July July 43* July 35* July 34 a315* 433* a41J* 3 23* 8 a75* 12 133* 543* a495* 6 x x 13* t% 83* July 18 83* July Reflects range of prices July July July July Jan. 25 z42 4 Jan. 21 z27 6 5 235* Apr. 5 413* July 30 Apr. 10 10 55 4 15* Jan. 28 5 1 Jan. 63 Mar. 13 2 37 June 28 17 Jan. 3 55* Feb. 14 8 23 zl3 5* Mar. 12 155* Mar. May 21 z685* Jan. 18 55* Jan. May 22 53* Feb. 10 1 Apr. 18 73* May 23 June 14 May 21 19 383* Apr. 16 21 z52 43* July 3 26 3 21 zl83* Jan. 2 29 303* Feb. 28 243* May 10 Mar. 13 20 15 7 10 z8 % May 21 zl25* Mar. 3 105* May 3 21 28 145* Mar. 11 5 25 145* Apr. 3 21 z23 3* Jan. 22 405* Mar. 12 5 23 z83* Jan. Mar. 13 353* Feb. z25 5* May z353* May 23* July z65* July 12 July 50 3 alO a85* July 103* 333* a305* July 25 a34 a80 July 22 a80 193* al53* July 13'al63* 50 __ 63 65 42 June 20 Jan. 22 11% May 21 15 July 19 423* Apr. 12 z95 June 25 zl053*Mar.30 4 Jan. 29 3 Jan. 4 Jan. 3 zl65* May 21 z29 4 z63* May 21 zl25* Jan. 34 5* May 28 44 Apr. 5 125* July 3 173* Feb. 17 Jan. 6 12 May 22 15 4 Jan. 3 23* June 10 10 133* Mar. 13 May 21 z26 5* June 25 z47 3* Apr. 16 May 9 163* Feb. 7 18 May 13 26 May 28 35 8 133* May 13 173* Jan. 15* Apr. 11 13* May 16 60 Jan. 8 60 Jan. 8 8 z233* May 21 z403* Apr. 83* Apr. 19 45* Jan. 30 Apr. 16 z243* Feb. 18 z41 3 Apr. z6 3* May 28 zl3 9 Apr. z41 July 15 z53 zl3 3* Feb. 23 z213* Apr. 30 39 al95* July 30 23 zl33* May z2 30 July 30 June 30 55 Apr. 3* July 26 5* May a 5* July 5 5* July al25* July 30 z93* May 30 Feb. 295* July 16 a213* July 18 zl7 May 123* May a65* July z55* June z7 a85* July May 9 93* July May 12 July 113* May all zlO July May a 18 3* July zl4 May 31 353* July May a4 z3 3* May July 35 33 _ 9 al83* July 5 a3 July 25 413* July 74 '"% 11 11 85* 9 8 10 3 July 12 13* July 18 July 20 a31 July 30 53* July 22 6 185* 183* 23* 6% 83* 11 43* 25 July July July July July 60 '31% 4 15 zl9% Jan. July 13 6 20 45* Apr. 13 21 85* Apr. 19 11 3 21 z663* Apr. Apr. 18 21 zl5 90 Mar, 21 85 Jan. 26 May 22 z293* Apr. 25 Mar. 15 z45* May 23 z7 75 Mar. 27 70 Mar. 20 zlO June 18 zl43* Jan. 26 Feb. 6 z89 June 25 z98 zl2 163* Jan. 11 May 20 2 Feb. 23 15* Jan. 13 46 May 20 633* Apr. 29 zl08 May 21 zll43* Jan. 10 z26 8 May 21 z433* Apr. May 173* Jan. 13 36 12 3* May 28 183* Apr. 13 Apr. 103* May 18 8 Apr. 63* June 18 113 June 19 117 Apr. z22 Apr. May 22 z37 Jan. 383* May 24 50 15 5* May 18 173* Jan. zl2M May 21 z215* Jan. 6 June 28 3 3* Feb. 19 Jan. 2 j263* May 21 z41 3 zl03* May 22 z235* Jan. 7 z99 May July 16 zl06 4 zll May 21 zl95* Jan. 6 zlO May 21 z205* Apr. 6 zl23* May 22 z243* Apr. 18 Apr. 10 133* Feb. 26 6 60 50 Feb. 1 May 36 40 x 10 1 5 31 29 393* 113* al03* July 5 74 9 26 al25* alOO July 18 14% 30 9 26 2 133* July 13* July July a283* July 53* July 15* 60'" 53 15 Sale 30 July July July July July July July July 353* 16 38 13 X July July July 26 July 15 July 113* July 20 85% 13% IX 303* 23% 3 July 19 July 22 32 17 38 9 10 3* July 58 July all3* July' alOO July 35* 225* a21 a7X 85* 383* 395* 14 , 123* Sale 123* 45* 243* 30% 7 8 3 a31 all July 123* al43* July Sale 155* July 68 55 July 425* 133* 113* July 39 July 4254 31 35 12 Sale . alll Sale 13 28X 4% 5% a a31 10 27% 10% ~20% al3% July 99 96 2l5* 36% 18% a5 5* July 19 x 15 20 689 Onion Metals Mfg Co.......* * 9,961 uU S Steel common ...... .1 2,867 Opson-Walton. 11,335 Van Dorn Iron Wks Co com..* ♦ 837 Vlchek Tool 2 577 Warren Ref & Chem com * 1,849 Weinberger Drug Stores 134 W R 1 Corp 6% prior pref .100 10 4 23 8% 405* 153* 1 1 3,645 White Motor 4,527 Youngstown Sheet & Tube... * 30 53* % cum pref ser A 100 620 u Youngs town Steel Door com.* 155* 36% 78 49 12 60 % X llVs 29% 20% July July 10% alO a92% July 15 al33* July 2% Sale 56 July 114 alll July 34 a305* July 203* July 22% Sale 133* July Sale 113* July 75* July 115** 114 32 a28% July 133* al2 65 34% a5 11% 12 zl23* June 83* Mar. 4 May 63* Jan. z455* May 85* May zl9 123* 113* 60 26% 3% 36% 74 1% 12 24 34 33 15% 28% 13% 1% 9% July July July July July July 17 "11" 18 153* 35 28X 16% Sale 2 1% 6 14 3 31% Sparks Withington Co— 6% cum conv pref 100 Stouffer Corp— Class A $2.25 cum pref * Thompson Products Inc com.* uTimken RoUer Bearing com.* Troxei Mfg .....1 common 6 70 15 41 igf ib 11% 10 17 13% 3% 30% 23 X '46% 11% 114 113X 117 29% 31% 36 49 40% 20 21 IX 112 11 al3 92 57X 112 8 29% 49% 3X 40% 2% 55% 10 110 36% 36 Highest Sale Prices 45 "10% 92 115 Lowest Sale Prices July 29 a 133* 20 July 43* July 43* 8 7% July 73* a54 54% a535* July 12 alO July al03* 5% 10 13 Reliance Elec & Eng com 5 uRepublic Steel common * Rlchman Bros......——* Seiberling Rubber Co com * 5 90 U X 10 Corp... Patt erson-Sargen t 5% 13 58 113 Highest Sale Prices 95 "22k 97 7% Packer 22 125* 19% 12% Otis Steel Co common— 7X 94 common 2,035 1,262 uTwin Coach Reflects prices Unlisted. a u 5,099 8% 52% 51X 45 59 l80* 806 Ohio Brass class B 55 Ohio Confection Co cl A com. ""165 1 Lowest 4% 95 23% 6% 3 321 14 Sale 4 95 26 .... 13 20 "4% 9 22 3* 6 820 uNat Malleable Steel Cast com* 1,812 Nestle LeMur "A" 5,435 uN Y Central RR com 390 Nineteen Hundred Corp A— Ask 6 87 ...—* 8,246 National Refining $6 prior preferred— 2,537 * 40 8% cum pref 100 3,145 National Tile 100 14 10 8 55* 80 379 Ask Bid 4 609 ~~140 93* 8 100 com.* 281 Hanna (M A) $5 pref 875 Harbauer Company 420 200 5 Towing—.—100 721 Greif Bros Cooperage A 337 Halle Brothers 1,232 437 12 1,595 uAmerican Home Products—1 1,771 Apex Electric & Mfg 6,965 5,017 2,753 18H 18^ T,2i6 80 Ask Bid Bid 1,040 uAddressog-Multigraph com. 10 900 Air-Way El Appll 1st 7% pf 100 1,925 Akron Brass Mfg com (new) .50 1,887 Amer Coach & Body 5 49 Canfield Oil 36 RANGE SINCE JAN. JULY Sale Prices July 31 July 1 1940 701 uBond Stores common 795 IN Price STOCKS 510 '""902 July 31 Jan. 2 Since July _ Jan. 1 to CLEVELAND STOCK EXCHANGE Shares 91 165 July_ 1939 1940 Bond Sales 1939 1940 Stock Sales 7 3 20 1 43* 65* 13* 103* Apr. Jan. 2 65 Jan. 26 Feb. 27 Feb. 21 9 133* Apr. z73* Jan. 3 z265* June 10 z48 % 28 z933* May 10 z80 May Jan. 4 zl23* May 21 z283* it, prim-try markets. x No print sales only Detroit Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON DETROIT STOCK EXCHANGE 1940 July Shares_ 1939 158,575 Stock Sales 209,235 1939 1940 Stock Sales » 1,704,383 Shares_ 2,018,969 Jan. 1 to July 31 3= AGGREGATE SALES In July Jan. 1 PRICES Shares 1,790 300 900 1,538 2,727 525 2,968 260 8,735 8,815 7,495 37,009 2,647 2,971 32,415 STOCKS 550 1,410 _ _ 1940 Par Allen Elec & Equipment Atlas Drop Forge common 1 5 1 Auto City Brewing common Baldwin Rubber common Bohn Aluminum & Brass Bower Roller 1 187 262 350 6,410 1,610 705 — 195 ♦ * 5 10 1,071 35,319 4,470 9,045 55,889 18,695 1,669 Deisel Wemmer Gilbert com -10 Detroit & Cleve Nav com__,10 Detroit Edison common 100 Detroit Gray Iron Fdy. 1 Detroit Mien Stove common.. 1 Detroit Paper Products ...1 Detroit Steel Corp common. .5 780 Detroit Steei Products .10 2,797 Divco-Twin Truck Co 1 995 Durham Mfg Co common 1 31,317 440 195 550 4,118 1,060 2,520 Eaton Mfg Co common. Eureka Vacuum Cleaner _ . _* General Finance Corp com.! ::i General Motors common .10 Goebel Brewing Co common. ..1 Graham-Paige Motor com. ..1 5,680 187 2,885 38,861 900 1,773 Sale 17 X July 65c Sale 60c "6X 7% 16% 90c 95c 3% Sale 2 3 "16% 19 Sale 80c Sale 123% Sale IX 1% IX 1% IX 15 15% 62 % 60c" 2Vs ..... 70c 3X July 5 X July 1 18 15 17 15 25 15 19% June 31 65c July 22 8 July 30 July 11 7 July 11 » l'X 1% 5% 25% Sale 5X Sale 29 X 5% Sale 4% 2% 27 X 4% 32% 10% 14 2X 2% 54 Vs Sale 2% Sale Sale IX IX IX Sale\ 112 ix 1X 70c 120 m Sale 76c 80c 75c 80c 10 13 13 X 16 6X X .5% 72 X 15% July July 2 % July 69c 3 July 30 15% July 19 July 20 July 16 55c 14 X July 29 July 26 117 X July 30 IX July 19 1X July 2 80c July 5 14 July 12 74c 60c July 109 July 1X July I X July 75c July 13 July 6X2 75c 75c 13 4 3% July 15 30 X July 12 X July 2% 4 2 2% 4% Sale 25 9 1% 42% 12 X 2 2% 4% Sale 24 X 4X 2 9% IX 45 X 14 2 50c 63c 6% 7 8 18% 13% 9% 3% July 8 July 8 July 11 2% July 4% July 19 4 July 19 1% July 42?! July 2% July 50c July 26 40c July 2 9 2 X July 13 43 2% 7% 50c Sale Sale 9 30,664 Michigan Sugar common Preferred 2,557 * io 1 1 42c 25 23 4% IX 7% July July July 11X July 30 5 '15X "20" 11 11% 12 36c 32c 2X IX IX 44c 24 3% IX 76c 98c 90c 18c Sale 40c 42c 17 20c Sale 2X 2% IX 8 83c 4 95c 12c 11% "12" Sale 3% 4X 35c 1 IX 40c 23 X 42c Sale 2X IX 3 IX 6 16% Sale 3,414 8,053 2.611 2,920 11,555 10,824 2,335 74,269 3,145 20,462 5,575 3X Sale Sale 19X 20X 8% Sale IX IX 6X OX IX 2 44 X 5,537 300 3,100 805 164 1,226 2,723 300 400 3,020 cot ten Dillon common 10 heller Mfg Co common ..1 implicity Pattern common .1 tandard Tube Co class B .1 teams 5% IX 13X 23 24 3,136 6,807 32,042 nion Investment Co com * nited Shirt Distributors.I.> nited Specialties common. 1 S Graphite Co com.. 5 Brewing Co common. .1 _ 1,390 IX IX 10 33 515 mmon Preferred. 61. _ ..III 50 Jan. Feb. Jan. Jan. 29 Apr. 10 Apr. 23 Jan. 3 Apr. 13 Mar. 27 75c Mar. 13 July Apr. Apr. 10 4 Feb. Feb. 19 8 24 3% July July July July July July July July May 2 Apr. 18 0% May July 75c 3 May 15 5 June 20% Jan. 10% May 2% May 2 May 22 X June 3% June June 30 9 35% May 4% Feb. 35c 1% 40c 23 3% 1X 15 17 12 75c Sale 75c 22c 19c 2 7% Apr. 29 22 18 10 15% 4% 2% 32% 6% Mar. 15 Jan. 3 8 Jan. Jan. 25 Apr. 23 l2 33 Jan. 12% July 4 July 38c July 1% July 42c July 23 X July 3% July IX July 10 9 3 May May May May May May Feb. 28 22 21 15 13% Apr. 6 Apr. Apr. 14% Feb. 19 15 21 15 19% May 22 2% May 14 1 % May 17 Sale 3X 6 7 9 IX Sale ... 80c July 20 24c 8 8 July 11 4% July 26 7 July 29 IX July 1 50c July 22 10X July 25 15% July 18 5% July 2 75c July X July 7% July IX July 50c July 11% July 15% July 5% July 60c July 11 4 4 Jan. 26 3 X Sale 32% 33% 3 X July 31% July 17 20 18 11 12 1I 4 July 34% July 18 July 12 July 1% July 7% July IX July 4 70c 4X 7% IX a W Sale IX 50c 11 12 14 X 15X 5% July IX July OX Sale 40c 19 9% 11 IX Sale 7% IX 1% IX IX 2X 2% 1% Sale 19 4% X 1 Sale Sale IX IX 14 x 12 2X Sale 2X 5 4 4 .... Sale 10 22X 2 2% 3% 4X 5 8 23X 2%\ Q ! 3 4 Sale 3% 1 13 Sale V& 7% IX 8% IX 1% 2X IX 2% 2% Sale 2 18% 4% % IX 5 1 1% 24" ~24% 1% Sale 2% 3 3 X 4 6 X Sale . .... 7 Feb. 18c May 22 1H 5 60c July July 1% July 7% July 1% July July July July July 80c July 1 July 10% July 2% July 16 2% July 18 19 July 1 5 July 2 80c July 23 1 % July 22 11% July 16 22% July' 1% July 2 X July 3% July 5 July 24 X 2% 1X 18 X 4% ' \ "July "30 2% July 13 2% July 5 4 July 11 7% July 29 .Tune 11 May 24 7 July 29 1 % Jan. 2 50c July 22 9% May 21 12% May 21 4% May 21 16% May 8 2% May 15 31% July 22 18 July 5 8% Jan. 8 1 Mar. 1 6% May 21 1 % May 22 1% May 15 2% May 24 1% May 15 18% July 25 3% June 10 75c June 6 15 12 30 21 July 23 2 May 23 2% May 28 1 10% 98% 18% 1% May July Mar. May 4 4 IX 75c 30c 50c 3% Sale Sale May 14 July 11 10 8 11X 14 X 5X 18 24 1 35c 11 10% 13% 5% 33 Vs 52c 33c July 2 1 1 8 8 July July 20 22 30 9 17 9 8 28 May 22 16% Apr. 15 6% Feb. 17 5% Feb. 5 July July IX July IX 1 8 34 15 21 15 9 1 14% May 15 100 imken Axle common. 415 3X 2% Sale 24 X 25 4X 5 96 ivoli For footnotes see page 2X (Frederick) commonl.* part pref. 100 cum 24,013 400 300 200 ,eo Motors Inc vt c 1 iickei (H W) & Co common. .2 ,iver Raisin Paper cpm Apr. Apr. 55% May 15% Jan. 55c July 2% May 1% May 15 May 14 May 60c July 98% May 1 May 1% May 28 10 20c 40c 15% 11,417 ""900 Feb. 20 Jan. 4 Jan. 5 Jan. 3 7% July 30 5 July July 12 X July 16 17 70c Sale 50c 32,475 5,159 39,0/9 23,291 165 1% 12% 1% 9% 13% Jan. 24 5 2% Jan. 8 56 Apr. 3% Apr. 15 5 1% Jan. 2 80c Apr. 32 10X 4 X 25c (Tom) Distillery Co___l Products Corp com * Corp"HI_l 89,650 770 24 15 16 11 July 19 IX May 23 37% May 28 2 May 22 50c July 26 40c July 2 102 1,061 1,380 May 7% July May 7 July 8 6 7 9 7% Apr. 28% Apr. 30 37 May 9 23% Atfr. 30 24 35c 2 4X 6% 7% Sale I X Sale 64,619 180 13 X May 22 May July 19 2 July 18 45% July 31 2 X July 10 70c July 16 41c July 30 _* _* 86,995 McClanahan Oil Co common .1 4,230 Michigan Silica Co common. .1 1,225 Mich Steel Tube Prod 2.50 4,126 June 60c 2% May 4% Apr. 26c 4% June 24% Feb. 27 3% July 11 31% July 29 14% July 19 25 14" 40c 2 75c 33 3 31% 12 X 90c 31 29" 53c IX com 63c 98c Sale , 65,085 Mid-West Abrasive 62 X July IX 40c 13% Sale 4 56,251 Micromatic Hone 3 2X 25c 73c 13% 5X 24% 1,462 70c 31X 50c 2,225 233 55c 65c IX 1.960 16 2% Sale 2X 45c 145 Mahon (R O) class A prof 26,294 3,983 McAleer Mfg Co common 74 14 X July 78c 12% * 10,730 20,668 17i058 8 5X 73 11 66c 110 10 A 2,180 _ 1% Feb. 2% Feb. July 16c 75c II" 15% 13% 5,275 July 7X July 7 6X 3 30 347 1% July 2% July 17c 19 5% _ Class B or 8 15% oudaille-Hershey class "re 17 22 26 25 75c 17 898 5% 27X IX July 2X July July 5 July 16c 19 X 5 17,259 7,903 4% 27 5% 14 '70c' 11,476 555 18c 50c 16 950 IX Sale 73c * 350 Highest Sale Prices 17 7X Sale Steel Ball common. 10 oskins Mfg Co common. .2.50 Dairy class A 422 380 Lowest Sale Prices 16 X 62 89% o vjo. common 1,465 5,100 5% Highest Sale Prices ... .1 16,975 27,455 11,526 800 — ., 6,671 Hoover 2,250 1,087 9 12 X Class B 158 Home 22 28% Gemmer Mfg Co class A... 108 4% 21X IX 2 X 15c 1% _. . 639 2,282 IX 9% 23 3% _ Federal MoguLcommon- juctmp 3 22c Ask 60c ... Federal Motor Truck com. Frankenmuth Brewing com Fruehauf Trailer Co com Gar W ood Industries com. xj.au IX Sale 2X Lowest Sale Prices July 31 Ask Bid 17c 5 common Corp Bid 27 Cunningham Drug Stores.2.50 307 916 6% Sale 11% Sale 5,272 Consumers Steel Products 1 50,615 Continental Motors common .1 1,948 Crowley Milner & Co com * 800 1,334 1 Weather Corp common 1,593 Consolidated Paper com Ex-Cell-0 2 i 27c 21% 12He 13",889 Chrysler 3,265 1,918 21,161 55,974 13,828 22,071 5,006 30,771 1,316 1,593 4,309 64,944 31,840 19,400 16,125 160 2,385 IX 2 25c 1 * , 4,485 July 1 Ask 5 * 225 mmmmt Bid 5 Bearing Briggs Mfg Co common 7,851 Brown-McLaren Mfg Co 20,391 Burroughs Adding Mach 6,610 Burry Biscuit Corp 910 Capital City Products Casco Products Corp Strip Co 100 RANGE SINCE JAN. Jan. 2 Chamberlin Metal ~1J56 IN JULY Price Since Shares DETROIT STOCK EXCHANGE IX July 13 8 July -22 10 May 24 1 June 28 8 July 4 Jan. 22 Jan. 9 1% Jan. 10 60c 26 Mar. 9 Feb. 24 4% Mar. 1% Jan. May 1% Jan. 75c Apr. 27c Apr. 2% Jan. 7 Feb. 1% Apr. Apr. 11% Mar. 2% Apr. 6 60c May 16 Apr. Apr. Feb. May Mar. Jan. Jan. Apr. Mar. Feb. 18% 8% 16% 4% 44% 21% 14% 1% 9% 7 4 14 11 9 17 18 29 15 15 28 15 6 18 6 16 8 12 8 31 30 13 2 Jan. 19 1% Apr. 15 2 3 Jan. 15 2% Apr. 10 25 Jan. 4 7 Apr. 17 1% 1% 14% 99% 26% 2% 3% 4% 7% 7% 2% 11% Mar. 14 Apr . 18 Mar. 14 ^Tan. 17 Apr. Jan. Mar. Apr. Apr. Feb. Apr. Jan. 23 27 li 10 8 19 17 24 DETROIT August, 1940] STOCK EXCHANGE AGGREGATE In Jan. 1 Shares STOCKS 3,254 17,690 4,941 1,068 9,691 96,760 40,165 24,000 2,495 Par 700 835 300 175 795 2V Class B 23% 3 1% July 5% 27 23 Sale lie 12c 31 5 3% May 15 May 21 Sale 1% 15c ioo"" 2% July 13 1 % July 27 1% July 19 15c July 13 5% July 30 July 3 1 % July 20 2 1% July 18 July 13 5% July 30 15c Sale Prices 5% Mar. 21 2% Mar. 26 8 23% Apr. May 14 27 2% July 13 May 15 8% July 18 9% July 1 Feb. 10c Jan. 15 5 4% May 22 Feb. May 11 8 1% Jan. 2% Apr. 8 25c Apr. 10 6% Mar. 15 Feb. 29 105 7 30 10 4 90c 104 105 11 10 10 Jan. 23 7% 7% 6% 78% 104 11 11% July 26 2% 1% 1% 4 1% Sale 1 1% 9c Lowest Sale Prices 16% 3 _ Highest Sale Prices 1 Ask 5% 1% 18% Highest Lowest Sale Prices July 31 Bid Ask Bid Universal Cooler class A-_—* * Universal Products common..* Walker & Co class A * Class B * Warner Aircraft Corp com 1 Wayne Screw Prod common. 4 Wolverine Brewing Co com 1 Wolverine Tube Co com 2 Preferred 100 46 4,402 Young (L A) Spring & Wlre__* 20,350 July 1 1940 Shares ""650 1 Price Jan. 2 Since July RANGE SINCE JAN. PRICES IN JULY DETROIT STOCK EXCHANGE SALES June 10 Mar. 29 13% Apr. 16 UNLISTED DEPT.— 8,472 1,892 3,885 1,655 2,792 535 234 1,164 40 * 100 American Radiator Amer Tel & Tel Co Anaconda Copper Borden Company Sale Sale 50 ~ Sale 20% Sale 161% Sale 21% Sale 160 15 16% Borg Warner Corp common. _5 * 870 Budi Wheel Co 10 366 Cities Service common 270 275 117 12,865 Commonw & Southern Corp 783 40 475 Electric Auto-Lite Electric Power & Light 100 3,737 2,564 2,845 3,922 7,343 3,301 5,523 1,363 17,713 5,493 33,826 625 118 ""400 325 513 442 199 605 291 1,936 Internat Industries com 1 * Kroger Grocery & Baking Co.* Montgomery Ward & Co * Nash-Kelvinator Corp 5 National Dairy Products * Kennecott Copper Corp * New York Central RR 666 Socony-Vacuum 6% Sale 16 % Sale 18% Sale Sale Sale 30% Sale Sale 4 13% 11% Sale Sale 12% * 10 * 1 5% U S Steel Co Yellow Truck & Coach Deferred delivery sales. Sale 72 * ..15 Corp U S Rubber Co a Sale 29 25% 29% 50 * Standard Brands Inc No par value. Sale 2 Jacobs (F L) Co com 627 Sears Roebuck & Co 402 Sale 1 1,289 Purity Bakeries Corp 1,385 5% Sale Sale Sale Sale Sale 19 Sale 51% Sale 12% Sale Sold for cash. r 5% July 158% July 18% July 19 July 15% July 4% July 5% July 1% July 6% July 142% July 32% July 5% July 40 July 6% July 16 July 11 162 26 21% July 19% July 8 25 16% July 5 July 24 5% July 9 1 % July 5 6% July 2 29 149% July 27 33% July 6 July 8 29 43% July Sale 1 1 220 3,756 9,569 1,642 6,125 8,018 6% 145% 5J^ Hupp Motor Car Corp 598 Pennsylvania RR Co 325 90 ~"i"% Sale" 1% Sale 7% Sale *48% Sale General Foods Corp 153 200 Sale Sale 5 * * * 5 2,740 Consolidated Oil Co 1,170 Dow Chemical Co com 130 ♦ 10 % 171% 54% 13% Sale Sale 1% July 1 % July 24% July 29% July 39 July 4 July 13% July 11% July 19% July 11% July 71 % July 8% July 6% July 18% July 49% July 11% July 10 12 8 1 8 1 9 24 20 20 9 22 5 22 25 23 1% July 2 July 26% July 30% July 40% July 4% July 14% July 12% July 20 July 11% July 74% July 8% July 6 % July 20% July 54% July 13% July 4% May 3 18 145% May 18 % July 31 17% June 23 13 % May 30 30 3% May 4% June 17 % May 2 5% May 6 8 137% May 25% May 30 3 May 10 37% May 16 % May 1 % July 10 1% June 2 24 % July 30 23% May 31 32% May 19 3% May 29 12 June 19 9% June 17 15% May 29 9% June 3 63 May 30 7% May 15 5% May 5 15% May 30 42% May 31 10% May 31 4 10% Jan. 175% Mar. 13 22% June 15 24 Apr. 5 3 25% Jan. 5 July 5% July 30 17 1% June 28 4 Jan. 8 170% Apr. 11 33% July 30 June 28 7 15 49 Apr. 1 Jan. 2 May 1 Mar 5 Jan. 4 3% 38% 34% 40% 7% 18% 2 Apr. 13 July 19 Feb. 16 Apr. 17 Jan. 3 June 28 Apr. 4 July 30 2 12% Jan. 8 Apr. 8 22% June 18 June 15 55 m 13% June 15 Ex-dividend. x RANGE OF PRICES ON THE PHILADELPHIA STOCK EXCHANGE Shares. July Jan. 1 to July 31 1939 $42,000 391,500 July *214,892 1,496,866 109,955 1,674,245 1940 Bond Sales 1939 1940 Stock Sales Jan. 1 to $182,500 July 31 AGGREGATE PRICES IN PHILADELPHIA EXCHANGE SALES In Jan. 1 $ $ BONDS 1940 Bid 181,500 Elec & Peoples tr ctfs 4s __1945 11% Lowest Ask Ask Btd Bid Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices July 31 July 1 Ask 11% Jan. 2 64% Mar. 28 Sale 1,000 Lehigh Valley ann 6s STOCKS Shares Shares 245 711 3,653 Sale Sale 5 Sale * * Sale 10 Sale 328 2,518 747 19,998 3 1,897 6,722 683 6,245 321 1 _50 50 Pennsylvania Salt Mfg 2% 1,870 Penn Traffic common 1,733 Phila Elec of Pa $5 pref 21,473 Phila Elec Power pref 584 Phila Insulated Wire 177 , * 25 —* 50 50 50 2,200 Phila Rapid Transit 7% preferred 2,275 ( 2,212 Philadelphia Tacony-Palmyra Bridge— Class A participating. 877 5,074 Tonopah Mining 1,488 Transit Invest Corp 47 359 4,868 449 - Preferred 315,806 United Gas Impt common Preferred 5,493 2,255 Westmoreland, Inc 472 Westmoreland Coal 486 170 18 par value x 2 23% 164 Sale Sale 169 2% 2% 118% 119 30% 30% 16 19 3% Sale 5 Sale 5 5 11% 7 48% 41 Sale 116 62% 26% 43% Ex-dividend ---^ . Sale 27% Sale 117 120 30 31 2% 2% 2 2 7% Sale 1% Sale 19% Sale 166 160 2% 3 12% July July 24 161 22 30 Sale 73% Sale 29% Sale 45% Sale 120' 29% 123 29% Sale 2 1% 7% 2 7% Sale 2 20% Sale 9% July 116 July 3% July 4 % July 62% July 2 July 27 % July 42 July 10% July 30 1 118% July 11 3% July 5 July 8 July 1 75 13 2% July 16 29% July 2 45% July 8 31 31 122 10% Sale 4 13 122 23 31% 29 2% 2 2 6 7% July 13 July JTily 9 15 July 29 July 1 % July 2 July 7% July 1 % July 18% July 1 25 17 31 25 1 31 July 2 July 11 2 July 20% July 16 30 Feb. 10 64% Mar. 28 2% .- 2% 115 115% 116 30% 30% 30 14 15 16% July July Sale 30 Sale July 30 117 1 30% July 3 3 11% 8 41% 5% 41% 4% 38% 5% 40 July 9 39% 38% July 30 5 July 40% July 40 43 44 45% 43 July %6 July 3 43% July 24 18 July 17 %8 % % % % Sale 3% Sale 2 Sale 14% Sale 34% 12% 113% 9% 10 9% 11 12 June 38 May Apr. 11 Apr. 6 8 Feb. 21 Apr. 25 Jan. Jan. 31 10 Feb. 17 Jan. 4 3 Jan. 111% May 18 125% 27 June 10 35% 1 % May 23 2% 3% 1% May 28 8% 5% June 11 Jan. 10 Apr. 2 Mar. 11 Feb. 8 Apr. 8 1% Mar 14% May May 2% May 112% June 28% June Apr. 8 Jan. 4 48 175% Apr. 16 2% Mar. 21 120% Jan. 10 31% Jan. 20 Jan. 16 2% Jan. 5% Jan. 14% Feb. May 21 May 15 11 4% 1% 1% Sale Sale 25 Jan. 15% Jan. Sale Sale Apr. 2% Jan. 4% Jan. 11% Jan. 16 10 X % 9 38 May %e June 23 2 4 6 8% May Apr. 49 48 Mar. 7 Mar. % %6 5 8 June May May June Apr. 3 May 3% May 55% June 2 May 9% 146% 10% 8% 113% 159 178 172 2% 116 Sale 1 25 25 50 9% 11% July July 159 2% Sale 116 - 12% Sale 13 12 10% 117% 3% 9% 2 - 11% 163% 12 Sale 15 11 39 Preferred 12,080 4,057 Union Traction 29,601 United Corp common 905 .1,519 No -_1 * 7,399 Scott Paper 344 • Traction 1,313 Salt Dome Oil Corp.—- 30 19,704 5% Sale (Phlla) com--* 119 34 Horn & Hardart (N Y) com—* 34% 2% 2% Lehigh Coai & Navigation—* 3% 3% Lehigh Valley 50 National Power & Light 8% * 8% 115,640 Pennroad Corp vtc 70,933 Pennsylvania RR 11,695 11% 160% Sale 14% 841 Horn & Hardart 16 937 16 * 10,774 Budd (E G) Mfg Co 11,031 Budd Wheel Co 3,549 Chrysler Corp _ 2,637 Curtis Pub Co common 15,154 Electric Storage Battery 19,948 General Motors 580 Sale -.50 10 100 * 6,348 Bell Tel Co of Pa pref 820 845 703 12% * 100 531 Bankers Sec Corp pref 914 Barber Asphalt Corp 61 14 par 11,673 American Stores 13,193 American Tel & Tel 187 2,282 1 Jan. 2 Since July RANGE SINCE JAN. JULY Price STOCK * % 1% 2 2% 33 % Sale Sale 11% Sale Sale 113% Sale Sale 11% Sale 11 12% Sale 14 % July 1 % July 33 July 11% July 112% July 10 July 9% Tilly % July 2 2% July 3 24 35% July 31 12% July 17 113% July 16 11% July 12% July 1* 2 6 6 24 31 20 31 Feb. 14 Feb. 29 May 3% Jan. 1% June 26% June Jan. 10 1 3 4% Feb. 6 2% Jan. 41% Feb. 13 10 May 107 % June M Jan. 6 Feb. 24 Apr. 10 9% May 12 9% .Tan. 12% Apr. 9 San Francisco Stock Exch. MONTHLY AND YEARLY RECORD RANGE OF PRICES ON THE SAN FRANCISCO STOCK EXCHANGE 1940 1939 258,046 418,231 Stock Sales July Shares_ Bond Sales 1940 1939 $4,000 July. $12,000 ! — AGGREGATE SAN FRANCISCO STOCK EXCHANGE SALES In July Price BONDS Jan. 2, 1940 Jan. 1 PRICES Since $ $ 21,000 Atlas Diesel Eng Co 6%--1945 1965 1,000 Coast Co G & E Co 4% Commonwealtn Edison Co— "i",66o 22,000 3)4% !958 32,000 Market Street Ry Co 7 % 1940 2,000 5% 1945 1,000 S J Lt & Pwr Corp 6 % 1952 2,000 S P Co (C Pstk col) 4%..1949 Bid 98 Bid Ask Ask Bid JULY RANGE SINCE JAN. Lowest July 31 July 1 Ask IN Lowest Highest Sale Prices Sale Prices 100 108 July 5 108 July 5 61 July 3 61 July 3 39 July 23 39 July 23 Shares STOCKS Shares 249 2.25 July 5c July 24 2.80 July 24 19 12c 10 31 29 769 3,025 1,275 1,393 5 10 2 1 10c 111 Bandini Petroleum Co com 1 1,347 Bank of Calif Nat Assn cap.-80 800 Beech Aircraft Corp common. 1 ""180 ""300 17,360 Bishop Oil Co cap —2 11,021 Byron Jackson com cap. * 14,507 Calamba Sugar Estate com..20 Preferred 20 4.595 * 3,853 Calaveras Cement Co com 310 Calaveras Cem Co 7% preflOO 651 2,689 225 Calif Art Tile Corp 35 Class B class A * * 4,810 Calif Cotton Mills capital—100 38,033 Calif-Engels Mining Co 25c 1,172 California Ink Co, Inc. capital * 26,270 California Packing capital—* 100 350 100 1,392 Preferred .50 2,153 862 Calif Water Service Co pref__25 12,460 Carson Hill Gold Mg capital..1 11,433 Caterpillar Tractor capital...* 111,980 Central Eureka Mg Co com—1 10,015 Chrysler Corp common 5 5,359 Clorox Chemical cap 10 437 Coast Cos G & E 6% 1st pf.100 1,566 Columbia Broadcast Sys A .2 34 25 12,290 Commonwealth Edison._. 2,607 Consol Aircraft Corp com 1 Consoi Chemical Industries 326 194 4,450 759 3,050 796 40 31 312 953 40 12,895 1,516 Inc class A partic pref.. * 4,948 Consol Coppermines Corp cap 5 9,035 Creameries of Am Inc com 1 40 574 5 130 82 44 48)4 53 June 14 3 June 10 Apr. 4 Mar. 8 61 July 3 13334 Apr. 26 133)4 Apr. 26 39 July 23 39 July 23 Par 1.594 Aircraft Accessories Corp A_50c 1,200 Rights. 5,896 Alaska Juneau Gold M cap.. 10 Anglo-Amer Mining Corp Ltd— Common 1 6,864 21,555 Anglo-Calif Nat'l Bank 20 13,534 Assoc Ins Fund Inc com cap.10 12,924 Atlas Imp Diesel Eng Co——5 340 1,200 Feb. 64)4 Feb. 27 .... "2",600 Highest Sale Prices Sale Prices 100 Jan. 16 101)4 May 1 108 July 5 108 July 5 128 _ . "f,66o 1 2.60 Sale 2.10 12c 6 % 10c 6 % 4 6% 334 121 % 4% Sale 7 8c 2c 7 8 334 4 434 2 4 34 126 4% 5c 50c Sale 4% m 6 % 110 3% 834 Sale 4% 5 20c 8% Sale 5)4 234 334 115 2.35 Sale 534 3)4 115 110 334 2.00 1.15 1.30 1.20 15)4 1134 11)4 12 1234 Sale 2134 11M 14 34 21% 1.55 2.50 1.55 13 18 1.55 Sale 2.00 35 8 80c 10 12% lo 18c 20c 39 23 % 50 % 27c 54 3 % 89)4 48 106 H 23 "7% oOe 15c 16c 19c 40 31)4 17)4 49)4 50 26)4 26 27 25c 28 c 22c 28c 17M 50 26 34c 12 1934 Sale 63 51 43 105 103 103 34 18)4 Sale 8% 26 3 31 1.30 July 12 July 13 34 July 2 23 3 13c July July 9 8 3 19c July July 9 23 18 July July 26)4 July 22c July 47 July 3 July 67 July 50 26 1 10 23 1834 July 30 50)4 July 2 2634 July 27 25c July 9 24 16 48)4 July 3)4 July 67 July 26 31 27 31)4 3 105- 19 20)4 21 2434 6 534 20 23 534 5 5)4 5 6 5)4 40 9 24 21)4 July 65c 17 25c July 22 July 11 5 July 8 16 15 14 6 8 9 Jan. 8 Jan. 9 1 P 28)4 June 2934 Apr. 8 Feo. Mar. 103)4 June 25 Mar. 25 Apr. Apr. 55 Apr. 12 109 18 June Feb. 27 Feb. 15 June 18 33 Apr. 31)4 Apr. 1934 May 24 6 5 Mar. 29 May 7 Apr. 22 27 32c May 3 9 10 26)4 July June 8 Feb. Jan. 52 34 Jan. June July 8 May 15 40)4 Mar. 26)4 Feb. May 2.75 May 18 3034 July 22 21 11* 23)4 Feb. 30)4 July 21 Feb. 7)4 Mar. 27 2.25 May 9 Jan. 3 Mar. 29 45 26 49 106)4 104)4 July 31 lH 125 May Apr. 6)4 May 12c May 35 May 14 May 50 May 24)4 June 15c 2 July 31 6)4 Feb. 29 8)4 July 30 5)4 Mar. 25 65c 8 3 % May 12c 20c 8c July 5)4 June 334 May 354 May 3 May 103 May 6)4 Mar 1.20 July 9 May 12)4 May 19 % Jan. 2.00 Mar. 50 19 '29 % '30% 30 1.20 July 1134 July 1234 July 40 73 25 24)4 7% 11 48)4 Sale 3)4 3)4 74)4 45)4 3)4 41 Sale 3 50c 734 43 X 3 52 19 11034 July 634 40c 6134 o4% Sale 91 July 5c July 24 4)4 May 23 37 13c 30 51)4 108 July 19 8)4 July 30 July 25 6 July 16 4 2.50 6 41 Sale 32 % 29 1.50 40c 8 1.00 July 634 July 334 July 4)4 July 30 30 50 8c July 434 July 434 1^50 14* 20 4)4 July June 20 4 June 12 8 15 26 Apr. 30 9)4 Feb. 21 6 Apr. fl Crocker First National Bank 10 85 8,114 172,491 10,371 1,100 4,461 3,028 3,040 6,042 1,439 16,774 5,011 3,762 486 300 50 42 ""40 70 1,033 San Francisco cap Crown Zellerb 428 32 482 100 166 736 238 2,684 7,082 34,818 8,598 4,299 6,286 76,106 161 3,518 355 5,575 3,024 , 788 ~l",579 1,200 13,411 17,200 10 781 1,615 380 15 570 400 55 Preferred ...100 Doernbecker Mfg Co El Dorado Oil Works cap Electrical Products Corp.. 100 70 664 1,205 592 926 490 4 * Mercantile 550 4,745 787 1,941 ""40 60c 1.95 9 133 34 335 390 278 1334 17 34 81 Sale 50c 70c 1.25 2.50 11 it* 40* 35 95 14 Sale 80c 2.25 7 ii 8 434 334 734 5 15 Sale 3634 41% 9 Sale 30)4 285 3 5)4 8% 9 15)4 3734 9)4 278 295 15)4 Sale Sale 87 53c 80c 2.00 1.05 8 Sale ■ 334 434 8 1634 40 9 285 285 81 91 July 1334 July July 50c July 285 July 15)4 July July 50c July 1 7 July 2 834 July 18 7 10 1734 Sftile 10 33 26 32 26 35 40 38 91 9434 96 23 25 9 2 20 1634 July 40)4 July 9)4 July 31 20 90 2 2 31 94% July 24 July 1.25 July 29 27 31 30 40 88 1534 July 37)4 July 934 July 32 36)4 Sale 34 P2 2.00 21% 1.10 1.75 1.25 Sale 17 34 20 17 H 1934 17 34 20 22 )4 18)4 2034 1834 19 7)4 54)4 8)4 55M 6)4 42)4 434 43 27 29 26 General Metals Corp— Common capital 2)4 General Motors ...10 General Paint Corp common.* Preferred. * Gladding McBean Co com * Golden State Led capital * Greyhound Corp common * Hale Bros Stores Inc capital..* Hancock Oil * Hawaiian Pineapple Co * Holly Develop Co common... 1 Home Fire & Marine Insur Co of Calif capital 10 1,173 Hudson Motor Car com * 6,734 Hunt Bros Packing common.10 15,852 Preferred .10 740 Hutchinson Sug Plant cap.. 15 6 30 y8 5)4 9 y* 17 7 34 6 4 Sale 8)4 11 13 17)4 1434 12 36)4 38 27 Sale 15 834 5)4 5)4 8)4 1134 13)4 30 >4 1634 634 7)4 4534 Sale 4)4 534 2934 32 4)4 5)4 9)4 Sale 1134 12)4 1234 13)4 29 1834 1834 July 11 19 July 3 6)4 July 43)4 July 5 July 29 July 5 July 8)4 July 11 25 18 15 15 8 July July July 30 July 5% July 934 July 10 30 18 30 13 16 13 16 50c 55c 55c 60c 40* 32 36 36 38 35 18 1034 Sale 11 Sale 11 15 60c 2.00 9 3)4 6 8 34 16 Sale 8 Sale 38 90c 2.25 7 134 1334 434 9 234 Sale 5 834 3)4 70c 2.00 734 134 14 434 Sale 9)4 4)4 85c 2.15 Sale 234 14 34 6 3734 35 42 37 36)4 3634 2534 534 2234 434 26)4 634 30 24 27 8* Wi 34 % 3o 6)4 32% 4)4 Salo 43 4 2.00 2.90 8,056 Langendorf United Bak cl A..* 8,310 Class B ...» 316 Preferred 50 5,892 Leslie Salt Co .capital ....10 11,359 LeTourneau Inc common....1 4,982 Libby McNeill & Libby com..7 56,570 Lockheed Aircr Corp com.... 1 2,027 Lyons-Magnus Inc A * 10 60c 80c 4% 7% 534 634 434 31 7 34 Sale » 25c rt? 30c 75c 30c 5 18 16 July 50c 6oc 67c 90c 65c Sale Class B._ Merchant CalMach Co com. .5 Meier & Frank Co 10 Menasco Mfg Co common.... 1 Nat Auto Fibres Inc com stk-.l Natomas Co capital * North ArnJInv Corp com .100 6% preferred .100 5% % preferred .100 10,083 North Amer Oil Consol cap..10 1,440 Occidental Insurance capital.10 12,650 Occidental Petrol Corp com.. 1 9 2.10 634 92 1434 9)4 Sale 3 534 834 234 8)4 8% 9)4 Sale 3)4 28 H 26 O'Connor Moffatt & Co— 564 Class AA common 10 102)4 108 16>| 17)4 UH •11M 675 10 3?* 20c 5 3,084 Oliver United Filters Inc A...* Class B ♦ 21 4 6)4 23 5 7 106)4 99 15 15 1134 10)4 Sale 634 8)4 3 Sale 16 14 20 21 11)4 Sale 16)4 10 101 Sale 7)4 834 2)4 20 9 734 2.95 13 26 11c 8)4 16 30 11 24 * 1 June Feb. Jan. 12 June 12 4 9 Jan. 12 Jan. 26 Jan. 10 May Apr. 7 Feb. 29 Jan. 2 8 2 32,34 May 45)4 May 1 9934 Apr. 6 33 H Feb. 16 2.20 Mar. 11 20 834 20 8)4 3 20 16)4 Sale 20)4 8c 20c 6c 4 2334 4)4 3)4 4)4 22)4 4 34 20 4 22 .334 6 38 34 27)4 3 34 734 4 May May May May May May Apr. 21 23 18 28 22 21 30 July 1034 July 8% July 12 June 13 Jan. 31 18% July 31 55c July "29 14)4 May 22 50c May 23 11 24 15 35 11 33 19 30 10)4 July 8% July July 2.00 July 18 2 May 14 2 50c July 1.75 July 9 7)4 July 31 July 11% July 9% July June 7 24 15 4 50c July 1.75 July 2 9 7)4 July 31 13)4 July 5 July 37 July 36 July 26 July 5% July 24 July 85c 1 5 14% July July 5 3 15 2 11 4034 July 3634 July 30 July 7)4 July 27 July 23 8 30 25 31 10 5 30 65c 7 July July 31 23 80c 7 July 10 July 23 13)4 Jufy 1034 July 2.85 July 634 July 8 % July 23 19 5 24 2 July 10)4 July 3 July 734 July 8)4 July 2 19 1 18 10 16 26 16)4 July 26 15 June 29 7 2.80 May 10 11)4 May 21 3 4)4 June Apr. 5 22 Feb. 23 7)4 Jan. Apr. 734 Feb. 13 8 6 834 July 20)4 July 30 11 934 July 21 July 20 10 18 16 23 3)4 July 22 July 434 July 18 17 l£ 34 6 Mar. Jan. 7 3 11H Mar. 6 1734 Apr. 4 15)4 Apr. 11 40 Apr. 15 20)4 Jan. 5 76c Feb. 8 44 Feb. 19 17% Jan. 12)4 Jan. 6)4 Feb. 19 1.15 Feb. 13 4 3 6 Mar. 27 834 Apr. 3 H Apr. 16)4 Feb. 18 2 28 8 8)4 Feb. 4034 July 23 Apr. 5 June 10 3 44 14 35 14 9 Apr. 22 41)4 Apr. 15 5 Apr. 12 26 1 16 Jan. 3 50c Jan. 3 7 July 23 Feb. 1.30 Apr. 934 Jan. 9 106 Feb. 19 102% Jan. 12)4 May 25 9% May 21 29 19)4 Apr. 1234 Apr. 23 11 1.75 Jan. 16 5% May 21 7)4 May 21 2.50 May 21 15 June 10 June 13 June 6 7) 19 June 27 10c 3)4 July 20)4 July 4 July 56 3534 June 21 May 554 June 23% June 4)4 Feb. 25c May 34 14 July 15c 334 . 17)4 May 18 6 25 6 75c 24,893 Magnavox Co Ltd capital..2)4 6,848 Magnin & Co (I) common * 335 Preferred. 100 ♦No par value 8 19)4 June 15 85c 7 ... Jan. July May 11 II * 37 July 42 5)4 7 46 33 75c 3 11,179 77 Jan. 3)4 1034 5)4 8% 10% 20 34 Mar. 18 15)4 July 50c July 19 2 Pesos 31,426 6,747 298,118 31,439 28,250 1,603 \\* 3f* May 70c June Apr. 95 5 May 3% June 4 May 8)4 May May May 36 July 21% July 1.25 July 300 21 May 1234 May 7534 May 50c July 4)4 33 34 1.50 261 1,025 320 20 Common (capital) ... 2",4 92 17 Laundry 11,844 Honolulu Oil Corp Ltd cap—-* 992 Honolulu Plantation capital .20 756 1,678 ...» * Emporium Capweli capital 359 IXL Mining Co "870 90 Cypress Abbey Co common 2 Di Giorgio Fruit Corp com.. 10 Galland 345 280 5 ..* 5,808 Fireman's Fund Insur cap..25 6,532 Food Machinery Corp com..10 4,370 Foster & Kleiser common..2)4 755 Class A preferred 25 429 562 100 com.. Preferred w w 50 Emsco Derrick & Eq Co cap..5 300 Ewa Plantation 20 1,110 Fireman's Fund Indem cap..10 367 102 Corp Preferred Jan. 11 3% June 29 16)4 May 24 3 May 22 30c ii* 20 17 May 17 Apr. 13 1034 Mar. 28 4 Jan. 28 May 28)4 Jan 3 7 3 Jan. Feb. Feb. 19 5)4 Apr. 23)4 Feb. 5% May 8 9 8 11 26 28c 19 19 san August, 1940] AGGREGATE SALES July Jan. 1 Rhares 235 125 3,119 5,381 7,822 2,794 1,437 260 736 1,018 465 225 ""954 1,528 7,176 7,249 1,249 25,536 77,797 63,893 23,742 28,874 2,762 14,140 15,121 3,399 1,614 Ask 554 5% 454 454 * 6% 554 1254 Pacific Clay Frod capital — Pac Coast Aggregates com..-5 Pacific Gas & Elec Co com..25 1.50 Sale 1.25 29 Sale 32 X Paauhau Sug Plant Co cap-. 15 Fisheries Inc—5 Pacific-Amer Pacific Can Co 6% 1st preferred —25 55$% 1st preferred ...25 3154 Sale * $5 dividend pref Pac Pub Serv com First preferred 29 * .......—* 41 104 132 Pac Tel & Tel Co common..100 2 103 92 60,119 10.721 1.754 55,562 6% preferred 4% cum conv pref 100 Philippine Long Distance Tel Co capital .100 Pesos Phillips Petroleum Co cap * Pig'n Whistle Corp partic pf-* Puget Sound Pulp & Tim * Ry Eq & Realty Co Ltd com..* 6% preferred —100 Rayonfer Inc common.......1 1654 1.50 41 3954 July 41 3354 644 1654 29 13 54 14 54 1354 754 754 .75 1.25 Preferred.... 720 """300 60 21,200 4% 43 X 96 4254 1.60 6 9 106 33* IX Sale 31 2.00 14 Sale 1.50 Sale 554 Sale 854 101 154 9 25 X 27 98 26 54 9854 100 3154 8H 32 54 33 2c 7c 96 854 37 34% 6 5 Sale 3654 4% 18 54 24 54 Sale 29 9c 5c 45c 65c 453 90 82 Transamerica Corp capital...2 Transcontinental & West Air .5 4)4 Sale 23 July 22% July 9754 July 32 July 854 July 95s 18 26 54 Sale 25 5c 31 30 17 31 30 5 July 854 July 2 23 11 10254 July 4)4 July 41 July 31 1.60 July 3 6, July 22 8)4 July 1 11 2 23 25 26 11 2 22 54 9954 3454 854 July July July July July 2 31 15 11 5 17 % 18 7 May 1254 May 5)4 May 75c May 1254 June 10254 July 3X May 3954 May 1.50 May 454 May 8 May 99 May Jan. 25 Feb. 2 1.3.5 Jan. 29)4 May 1254 Jan. 1.50 Apr. 11 July 14 May May May 2 9 Jan. 27 2454 Mar. 7 29 % May 3 2 37ti May 9 Feb. 6 18 3854 Jan. 19)4 Jan 8)4 Jan. 3 4 1.50 Jan. 25 1754 Feb. 29 11 10854 Mar. 30 7 15 Apr. 24 15 5254 Apr. 4 14 1.90 Mar. 10 4 654 Jan. 12% May 3 21 15 107)4 Feb June 24 1.50 1.50 May 24 22 Mar. 20 May 24 21 May 21 42 May 9 9 9554 June 12 10054 Feb. 2854 May 21 34)4 Jan. 10 3 654 May 21 1554 Jan. 5 554 July 1854 July Jan. 21 24 June 12 12 6c Jan. 12 45 X Apr. 6 Jan. 16 12 9 30 2554 July 8c July 15 954 Sale 5 July July July July 60c 92 86 28 96 6c Sale 2 12 7)4 Apr. 9 June 8 43 X Feb. 23 July 20 10054 Jan. 11 4154 June 14 5 3 30 Feb. 20 Jan; 54 38 54 5)4 Jan. Jan. Jan. Mar. _ 39 14 54 July 754 July 454 July July 1.50 July 5 July 854 July Apr. 16 Apr. 5 Jan. 10 June 17 154 34 41 15 June 10 138 29)4 June 1.00 Apr. 5c 18)4 954 23 54 Sale 854 Sale 24 X 5c 854 16 July 2854 July 1.95 July 102 54 July 1 Feb. 27 Jan. 16 113 1954 July 2.25 July 1154 July 16)4 July 31 July 2.05 July July 2.00 July 11 July 14 54 Feb. 7 Apr. 26 May 142 39 54 July 354 23 3)4 2 105 25 34 100 3 1554 454 4554 25)4 2854 25 X 554 954 21 1554 4% 25 1.50 22 10 34)4 22 3454 21 3154 21 50 21 108 5 21 21 21 July 1.25 102 3)4 95c May May May June May May May May May May 1.05 July 1 1.05 July 17 20 20 35 23 1 113,178 13 98 554 8X 23,731 Texas Consol Oil Co com..—1 2,275 Thomas Aliec Corp class A... * 13,556 Tide Water Assoc Oil Co com.10 294 4>4% preferred ...100 258,162 257 17 Sale 39 X 1.25 3,710 Spring Valley Co Ltd capital-. * 115,403 Stand Oil Co of Calif capital..* 9,084 Super Mold Corp of Calcap 10 18,373 257 .75 104 454 900 Sou Pac. Golden Gate cl A—* 1.000 8 13 110,300 Soundview Pulp 4,880 Sperry Corp common v t c 1.75 96 .......25 1,047 6,229 322 13 Com stock purch warrants.. 2,645 Roos Bros Inc common....-.1 4,944|Signal Oil & Gas Co class A..* Co 5 1,275 Preferred 100 4,138 Sou (Jal Gas Pfd 6% cum A_.25 78,215 Sou Pacific Co com (cap'l).lOO 1,500 9,399 11 20,527 Rheem Mfg Co ..... — ....1 46,490 Richfield Oil Co common....* * 6,375 Shell Union Oil Corp com 40 5>4% cumconv pref-...- i00 140 Sherwood Swan Co Ltd cl A. 10 351 2.35 31 4,144 199 2.10 26 341 423 1954 1.10 Sale 2.25 34 350 7,293 1.00 10 754 Apr. 19 3954 3154 20 302 30 33 54 26 2954 31 4354 26 108 5 22 27 1854 8 119 15 15054 July July 11,804 3,701 4 1.25 July 29 July 24 July 1 July 30 July 10 July 11 July 18 July 11 July 30 July 15 July 1 July 17 96 14 2.00 .100 121,683 Ryan Aeronaut Co com cap..! 5,063 Safeway Stores Inc common..* * 2,308 Schiesinger (B F) com.. 13 32 113* . 15 24 3154 July 9 96 July 20 2854 Series A preferred 4% June 29 5)4 May 22 554 14 34* 15 461 Highest Sale Prices 99 32X 1.25 1754 2.35 1.00 1,356 Lowest Sale Prices 96 Sale 3954 30 X ....... Highest Sale Prices 5 \ ,8* 13 Lowest 32 28 20 1 'Sale Prices 99 Cumulative preferred .25 24,494 9,785 Republic Petroleum Corp-.-.l Preferred 50 116 "Y.ooe RANGE SINCE JAN. 32 p 16 X 290 4 Ask i30r° ** 454 17 X 11854 139 a?* Sale 2,205 1,587 1.753 1,923 1,223 JULY 12% July 4 4 4 554 July Sale 1.10 1.25 1.25 July 30 30 Sale 29 July Sale 32% Sale 3254 July 29% 29 July W* Sale Sale Sale 3954 July 106 34 107 10454 July 5 554 454 July 18 i 18 18 July Sale 117 11754 July 143 X 148 14754 July 654 554 354 109 Sale Sale Pacific Lighting Corp com.. 13 X 12 5 July 31 Ask Bid Bid .......100 731 763 73 July 1 1940 Par 690 Pacific Western Oil capital—10 9,587 Parafflne Cos, Inc. com..—..* 903 1,684 STOCKS 14954 20 73 190 IN Prices January 2 Since Shares i PRICES san francisco stock exchange In """50 63 francisco stock exchange 85)4 July 4)4 July 1754 July 23 June 27 4 2654 Jan. 33 54 Feb. 27 20c Feb. 5 60c Feb. 16 12 May 6 80 .Tune 12 96 4 X May 21 1754 May 22 May 24 3 " * July 5 45c Apr. 22 5c July 17 5 54 July 6 1754 July 16 1754 July 23 1754 July 16 28 15c 18 21 6 17)4 Jan. 10 Apr. 5 2354 Apr. 15 3 1554 Jan. 14 Apr. 16 4% May 2 13 May 2 7)4 June 28 30 Apr. 22 87 May 10 654 Mar. 14 Treadwell Yukon Corp Ltd— 5,019 110 269 1,085 j Common capital ll 49,267 Union Oil Co of Calif cap...25! 10,696 Union Sugar Co common..-.25: 17,590 United Air Lines Trans .5! 14.235 Universal Cons Oil .--10 Vega Airplane Co .1 >4 Victor Equipment Co com—1 7,626 Conv cum pref r--,--? 500 Vultee Aircraft Inc capital—1 640 39,247 290 7 309 258 50 333 1.205 35 555 555 12.985 50 1.338 82 12c 1654 20c Sale 8c Sale 1254 Sale 8 85 112 M 28 Waialua Agricultural Co 20 95 Weill & Co com ... 100 Wells Fargo Bk &. Un Tr caplOO 276 Western Pipe & Steel of Calif 17 common —10 16 15 X. 5 3 11 30 9 7 854 354 10)4 654 954 4 13 754 2554 23 90 300 1754 1654 110 2705s 275 9c 10c 13 1254 8 754 17 54 1654 7% Sale 10 954 it* 24* Sale 12 54 8 26 10c July 1254 July 10 17 17 17 6c July 12 *4 July July July July July July July 7 July 26 954 July 11 10 3 54 July 12 July 31 4 18 12 24 54 July 18 24)4 July 8 17 Sale 1554 19 17 19 15 19 1554 1554 19 19 1.50 1.90 1.50 1.55 2254- May 12 May 6% May 1254 May 16 7 4)4 Jan. 12 3 Jan. 9 18 8 23 23 97 12 265 24 17 July 31 July 8 16 July 8 1.45 July 16 1.50 July 25 16 54 July 24 54 June 10 May 14 754 June 28 July July 21 11 12 280 280 22 18 110 90 27554 285 16 17 54 8c June 5 Jan. May 24 100 Feb. June 12 301 Apr. 8 15 June 10 2254 May 9 15 May 18 May 15 16 8 Yellow Checker Cab Co— 25 """389 4 896 Series 1.50 Series 2 50 Vosemite Porti Cem Co pf..iU 19 16 2.90 15 17 1.45 July 22 Feb. 17 May 15 2.90 Jan. 5 15 UNLISTED STOCKS cap—20 Amer-Hawaiian SS Co com. .10 Amer Pow & Lt Co common..* Amer Rad & Stand San com Amer Tel & Tel Co com.... 100 Am Toll Bridge (Del) com 1 Amer Woolen Co common * Anaconda Cop Mg Co com..50 Anglo Nat Corp cl A com.... .*; Argonaut Mg Co Ltd capital.. 5 Ark Nat Gas class A common.* Atcb Top & S Fe RR com.. 100 45 American Factors Ltd 830 100 280 2,670 1,505 6,292 19,058 135,298 100 ""996 13,923 1,945 550 11,430 8 550 "187 6,127 370 144 215 100 25 575 2,992 10,107 20 54 37 414 100 100 Jan. 29 6 54 Sale 654 160 54 16154 163 54 Sale 74c 75c 554 July 22 654 July 31 149 4% Apr. 954 Mar. 17454 Apr. June 1954 10 54 2054 Sale 2154 1254 Sale 2.25 1.75 2.25 1.90 154 2 54 15)4 7 54 554 154 1554 654 454 254 3 54 29 >4 1.00 1.15 1154 9 54 2 July 16 52c Feb. Mar. 1854 July 1054 July 2.00 July 23 1 8 2154 July 12% July 2.00 July 31 31 8 18 % May Mar. i8J May 1554 July 26 1554 July 26 14* May 12 17 5 July 254 July 12 17 2% June 1.55 July 17 354 June 2654 May 75c June 10- July 16 8454 July 8454 July 15 76 8 70 May 20 May 22 2 Mar. 20 72c 85c 3054 1.05 July 8 Sale 14 X 6X 4.54 254 354 3 4 27 28 .95 254 16 54 754 554 2 54 4 54 5 July 2 54 July 1.00 July 2 m Jan. 29 45 X Apr. 30 Apr. 454 Apr. 554 July 5 7 5 92c June 17 8 Mar. 21 31X Apr. 9 12)4 July 31 4 Feb. 2)4 2554 954 8)4 4)4 5)4 35)4 Jan. May Jan. 9 Apr. 3 Jan. 3 Mar. 20 Apr. 16 Apr. 15 Apr. 4 Apr. 15 Jan. 5 14)4 Jan. 4 2 Sullivan Mg & Con Co common......254 Calif-Oregon Power— 6 % pref (non -callable) —100 6% pref (iy27 series) 100 Calif Pacific Trad Corp pref.. * 1354 82 82 2 —10 1.00 Chesapeake & Ohio RR com.25 4054 731 Calwa Co common. 671 5,004 Cities service Co 326 1 3,658 Claude Neon Lts Inc com 1,041 Coen Cos, Inc, class A conv..* 55 5% 158 54 76c 8,609 Bendix Aviation Corp com—5 -1 40,313 t Blair & Co inc capital 1,095 29 36 ...5 3,995 Atlas Corp common 25,481 Aviation Corp (Del) com—..3 12,185 Aviation & Trans Corp cap—1 100 1,136 B & O RR common Bunker Hill & 25 20 14X ..... 88 % 79 ...... 88 80 10 54 10 8454 July 84 July 80 79 3 .50 2.00 .90 3 2.00 .50 16 "3" .75 July 2.00 42 10 2c 10 54 5% 10c 454 554 4 54 .50 6 54 ?4 554 July 54 July 6 54 July 13 % July 1 7 54 .20 8 .50 % Sale .10 954 May 24 1.00 May 23 3354 May 31 454 Feb. 6 X June 10 10c Jan. 18 85 Apr. 29 8754 Apr. 12 2 Mar. 20 1.25 Feb. 26 3354 May 31 QX May 2 H Mar. 11 50c Apr. 19 Columbia River Packers 655 688 603 1,429 506 ""483 Assu Inc common 2,160 7,218 Consol Edison Co N Y com 4,054 Consol Oil Corp common. * * * 65,665 Curtiss-Wright Corp com.... 1 6,418 Dotmnguez Oil Fields cap....* 865 Dumbarton Bridge Co com. .10 1,615 4,337 Elec Bond & Share Co com.. -5 * 13,665 General Electric Co com. 90 1,671 Goodrich (B F) Co common..* 194 355 510 350 501 4,331 390 350 1,000 1,200 1,499 900 120 610 '"25 6,600 15 55,659 4,391 Internet Nickel of Can Ltd..* 6,053 Internat Tel & Tel common..* 18,366 Italo Petrol Corp of Am com.l 7% cum preferred 1 24,803 5.584 Kennecott Copper Corp com.* 2,688 Kleiber Motor Co capital.. .10 829 Marine Bancorporation cap..* ...* 27,102 Matson Nav Co capital 220 McBryde Sugar Co Ltd cap..5 3,147 McKesson & Bobbins Inc com 5 59,450 M J & M & M Consol capltal.l ...— * 40c 7X 4054 1954 8 4154 2054 75 20 1 25c 554 No par value. common .....* 6 15 .50 20 15c 1.55 Sale 3854 .10 3 10c 254 454 lie' 2854 6 7 54 3154 9 2954 6 54 Sale 32 54 .25 45 554 33 54 11)4 6 54 Sale 12)4 ... 11c 2.00 21 .50 .25 .10 5 554 23 3 14c 3 5 23 254 10c 85c 90c 90c 2454 2554 26)4 5c 2454 Sal 20 8 27 54 654 6)4 2854 July July July July July 5 July 2854 July 6)4 July 7 54 July 654 July 3154 July 1 23 654 July 3354 July 9 31 10 c 5c 5 July 254 July 10c 90c 10c 25 26 19 5 54 July July July 23 26 16 24 X July 16 5c July 5 22 July *24 24 July 8 2)4 July 11c 1 July July 2454 July 5c July 2254 July 24 X July 35 22 5 3 4 3 2 454 454 9c 7c 9c 7c July 15 8c 254 3 54 354 854 24 254 July 754 254 6% 254 July 7 3954 41X 17 17 11 5 11 29 454 8c 8 3 54 454 12c" 454 854 5554 Sale 3854 t Odd lot*. 42 54' 4254' 36 25c Jan. 29 Apr. 854 Jan. Jan. 4 5 4 20)4 Apr. 4 41 21)4 Apr. 4 1.10 Mar. 19 25c Jan. 18 554 Apr. 1 21 X Mar. 25 25c 15c 24 8 32)4 Feb. 5 754 Apr. 10 11)4 Mar. 8 60 June 19 20 Jan. 11 1.00 May 4 24 24 25 May 2i Apr. 4 554 Mar. 5 28)4 June 10 17 Apr. 30 6% July 6 2354 7 25 .25 27X 10 June 25c 31)4 July 2.00 3 June 6 25 Sale Mar. 15 24 70 554 14c 5c 2754 2854 6 3* 6'54 654 734 2854 Sale .25 .40 654 Sale 31 3154 1254 1334 22 454 Sale t Formerly Bancamerica Blair Corp. 7 48 3754 8 50 3 35c 654 8 Inc. 101 25 3754 4 6,960 7 25c 10 8% Preferred Montgomery Ward & Co, 7 3054 3154 754 754 1054 Sale 3354 Sale 85 Monolith Portl Cement com..* 558 340 Guggenhime & Co— Conv. $7 1st preferred....* Hawaiian Sugar Co capital—20 Hobbs Battery Co cl A capital * Hoobs liattery cl B cap.... * Honokaa Sugar Co capital 20 Idaho Maryland Mines Corp—■ Capital —.1 4 9 5 5 10c Mar. 12 75c Juno - 3 24 ---i 6 24)4 July 16 Feb. 13 June 14 5c 19 22 3X 454 July June 2054 June 6 2X May 14 6c 254 754 May 21 June 25 June 12 May 16 July 24 May 14 3954 May 16 79)4 Apr. 24 Jan. 18 654 Apr. 30 7 Apr. 38)4 Jan. 4)4 Apr. 4 5 16c Jan. 1*55 Jan. 10 2 9 35)4 Mar. 23 5c Feb. 13 2554 Feb. 17 35 May 9 5 May 20 8)4 Apr. 1 12c 4 Jan. 4 Feb. 23 954 Mar. 5554 Jan. 8 2 SAN FRANCISCO STOCK EXCHANGE 64 aggregate SAN FRANCISCO STOCK EXCHANGE July Jan. 2 1940 Since Jan. 1 Shares Price STOCKS sales In Shares 130 112 357 377 Mountain City 180 10 North Amer Co common 6% % preferred 100 10,714 Packard Motor Car Co com..* 430 Park Utah Cons Mines com..l 2,334 5,956 Pennsylvania 697 RR capital—50 24 3,291 Riverside Cement (Del) A.. ..* 62 Santa Cruz Port Cement com 50 3,569 Schumacher Wall Board com.* 100 183 Preferred * 2,208 2,064 Shasta Water Co common...* 33,259 Sou Calif Edison common—25 194 245 3,160 C 5% % 12,112 7,785 863 999 B 6% 25 preferred 25 preferred 25 170 Sou Calif Gas 6% pref. Sou Pacific Golden Gate Co— 1,269 6% preferred 100 * 11,911 Standard Brands Inc com .1 32,634 Studebaker Corp common Sunset-McKee Salesbook Co— Class A common * 100 65 420 220 90 ...* Class B common 76 4% 20% 16% 20% 19 4% 21% 23% 21 24 15 5 20 25 25% 22 % 0% 1.15 41 1.90 47% 3 38 5% % 22 28 J* 24 10% 29% 30 % 29 % 32% 10 8 26% 29% 28% 8% 27% Sale 29% 31 35 1.00 20c 6 6% 9% 6 9% *18 "... 18 20 16 16 4 July 18 July 31 3% July 6 July July July 18 31 9 July 26 3% July 23 40% July 4 July 2 20% 8% 5 3% 19% July 25 19% July 26 13 4% July 21% July 8 July 27 July 29% July 28% July 17 24 July July 16 4% July July 8% July 28 July 30% July 28% July 17 30 2 8 8 6 June 1 25 Apr. 39 July 3 May 2% Apr. 16% June 16 5 5c 20c 6% 7% 6 19 15 20c 30 8 1 17 July 8 July 24 6 20% July 25 14 18 June 6 3% July 26 10 15 10 3 4% May 24 3 July 8 10 26 29 22 20c 22 26 16 July July 8 24 20% July 29 6 19 7% Feb. 15 Apr. 926% Feb. 9 23 % Jan 4 23% Mar. 4 6% Feb. 26 7 % June 4% July 3 July 4% Apr. June 26 1.20 39 3% 6% 20% 2% May 21 4% June 4 18 43 4 10 20 1.90 15 6% 6% 6% 17 14 % May 20 July 21% 25 8% 7% 27% Sale 30 30% 28 28% 33 34% 25c 65c 22 19 3 4% 23 13 Sale 2% July 4 3% 1% 20% 7% 4% 20 5% 2% July 16% 20% 38 4% 3% Sale Highest Sale Prices 20 3% 1% 20% 4% Lowest Sale Prices Sale 45 4 H Highest Sale Prices 4% 50c 10 Sale Lowest Sale Prices 21 3% 2 14 4 18 50c 3% 1% 1% 2. 23H Sale 16 3 1 3 2% 4% 20% 16% 19% 2% 4 24 % 26 % RANGE SINCE JAN. Ask Ask Bid 19% 15% 19% 674 Pioneer Mill Co Ltd capital.20 * 15,949 Radio Corp of Amer com 533 4H Sale Bid IN JULY July 31 July 1 Ask 4% 6% Cop Co cap.-6c 248 150 Bid Nash-Kelvinator Corp cap—6 Nat Distillers Products com..* Nor Amer Aviation Inc cap—1 835 Oabu Sugar Co Ltd capital..20 685 Olaa Sugar Co Ltd capital. .20 145 Onomea Sugar Co capital—20 571 Pacific Portl Cement com...10 20 <■: Par 47,131 5,304 2,958 11,671 3,796 1,200 PRICES 26 1 2% Apr. 23% Apr. 12 16 4 Jan. 3 7% Apr. xl Apr. 4% Apr. June 27 20 June 10 10 5% 25% 12% 30% 30% 29% 34% 21 22 21 21 16 16. 4 4% Mar. 11 18% June 7 May 24 May 26% May 25 May 31 May 3 Jan. 1.50 Mar. 41% Jan. 3 9 June 11 Apr. 22 Mar. 2 Jan. 6< May 3 Apr. 27 Jan. 4 Feb. IT .4 20c May 11 1.10 Mar. 5 May 22 7% Apr. 5% May 22 12% Feb. 1 6. 15 20% July 29 9 May 8 21% Feb. 9 May 5 8 31 12 44 o Superior Portland Cement— 125 Class A 263 Ciass B common * 185 ww * preferred * 3,421 Texas Corp common ..25 200 Texas Gulf Sulphur common. * 77 Title Guaranty Co cum pref. * 5 8,347 United Aircraft Corp cap 2,933 United Corp of Del common. * 1 19,370 U S Petroleum Co capital.. * 31,052 U S Steel Corp common 8,180 Utah-Idaho Sugar Co com...5 25 208 Vica Co common . . 557 , 30 43 45 46 32 15 34 20 47 48 115 115 1.20 66% 1% Sale 1% 600 Western Pacific RR com—100 25c 41% 12 % ,39.%' May 8 May 44% Mar. Mar 10 38% Jan. 13% Jan. U 46% May lo 34% Jani 2o 20 15 20 17 May 20 32% 1% 34 36% 37% 2% 39 June 51% Apr. 2% Apr. Sale 70c 90c 90c 51% 1% 53% 1 25c 3% 2 1 50c 70c July July 1% July 10 25 2% July 7 July 25 50 18 90c July 54% July 1% July 31 30 18 2% July 7 July 25 1 - 1 2% 6% 5c Sale 5c 54% ' 1% 25c 1 2% 7 50c 1% 2% 50% 1.00 4H 33 13 38 34 1.10 50c 31% 7 15 2% 5 3,293 Warner Bros Pictures com 1,480 West Coast Life Ins Co cap—5 225 20 37 15% 2% _ 1,100 1,924 * 40% 11% 2% 7% 1 % May 55c May 50c 1.15 42% May 1 May 50c ] May Jan. 20c R 1" J* f J lg Jan. 66% Jan. 1% Apr. 50c dFeb. 4% Feb. 9% Apr. 48c -May Feb. 2 4 Jan. Mar. l£ lg; 3g- 2®* value. No par Los Angeles Stock Exch. MONTHLY AND YEARLY RECORD RANGE OF PRICES ON THE LOS ANGELES STOCK EXCHANGE Stock Sales Shares. Jan. 1 to July 31 Bond Sales 1939 1940 July.. 3,007,204 1940 1939 July. 338,112 2,760,303 197,891 Jan. 1 to July 31. aggregate sales PRICES IN LOS ANGELES STOCK EXCHANGE In July Jan. 1 Shares Shares mm — — •» — m «, - _ - STOCKS _ 1 1 * 569 5%% preferred 50 6,209 Barnhart-Morrow Consol 1 2,785 Berkey & Gay Furniture Oo__l 1,600 400 240 90,867 16,968 2,089 5,925 017 2-5 3,623 1,340 "797 B Brock & Co 8,721 Consolidated Oil Corp 12,415 Consolidated Steel Preferred 17,047 3,710 5,663 75 1,300 37 m m. — — — -~ m m. w m. — ~ 2,150 m m. - - - — 1,127 19,295 ""417 511 600 v t , al20 Foster & Kleiser Co 220 General Metals Corp 255 1,600 405 li",900 1,273 970 50 13,949 "2",606 66. 50c 1 4 1% 1% Sale 1% 50c 97 %c 4% 3% July July 12 27 2% July 1 3 July 16 ""3c lc lc 10c July 25c July 1 % July 1% July 16 1 10 22 10c July 16 10c 1 25c 1% July 2% July 11 3 3% July 4 6c * 16 11 14 * 24% 25% 18 19% * c_.l 10 11% 97 %c 1.75 89% 90% 7% 7% 5% 5% 10% 10% 5% 5% 6% 83% 84% 10 10% 11 40c 380 10 1% 7% 30 Sale 43c 392 11% 2% 8 5o 7 70c 75c 11% 12 1 62% 6% 4% 8 Sale 5 29 15 15 15 21 Feb. 24 3% June 3 July 19 2c July 16 30 all% July 18 July 15 10% July 2 16 30 15 2 10% May 15% May 8% May July July July July July 30 8 30 18 1 57% May 17 a68% July 3 9% July a9 July 19 31c July 24 July 22 390 17 12 19 87% Apr. 8% May 7% May 16 4% Jan. 30 3 Mar 6 12c Apr. 45c 6c Apr. May 19' 19 15 3 Feb. 2% Mar. 1 Apr. 5% June 1 8 8 9- lc *§* 12% all% July 18 19% July 12 10% July 85c 73 74 6% 5% 12% 9 30c "67% 8% 10 31c 9 29c 9 5 1% 6% 42% 8 5 4 29 8% 1 6 42% 45% 4% 29 Sale Sale 9% 15% 14% 27% 50c 30 60c 3% 3% 1 Apr. 27 Apr. 22 2c Jan. 9 14% Jan. 26 26 6% Sale July 6% July 4% July 8 July 5 July 8 8 15 2 1 72% 6% 5% 12% 12 1 5 90% 8 6 4% 13% 8% 15% 29% 55c 73% a68% July 9% 8% July 10 a9 July 33c 30c July 410 390 July 9% 1% 8% Sale 42 July 6% 32% 4% 4% July 14% 11 July 9% Sale 15% July 32 28% July 60c 52%c July 4 2 45% July 2 22 31 5% July July 16 24 15% July 31 July 13 30 16 52%c July 31 29. 16 1 2 14 25c 375 7 June 3; Mar. 21 Jan. 16 J an. 3 Jan. 4 8 18 8 7 June 7 88% Apr. 30' 10 * Mar. 14 Jan. 43c 2 7 24 2 22 21 30 14 June 5 27 May 21 May 23 4 8 Apr. 18 10 June May June Apr. May May Jan. Jan. 405 May May May 6 % 38% 4% 32% 3% 6% 9% 45c Mar. 6% Apr. 12% July 6 Apr. May 3% May 7 May 6% June 390 5 1 3c Jan. Jan. 64 5% 72% 8% 375% 395 Apr. 2c 1 5 2c Jan. 3c 2c July 7 7 66% 8% 4% 12% 1 9 85c 27 23% 37% 5% 7% 10% 61% 6% 3% 7% 34 5% 8 9% 24% 39 * 25 Apr. Apr. 6c May 1% May 1% May 50c 10c lc 15 2c 5 * 2% May 21 25c July 3c 2c 100 3% May 29 July 27 15c 3c 6c __1 July 9 lc Jan. 12 7 Mar. 13 56 Apr. 9 6% Apr. 8 32 % Apr. 2 6% Apr. 6 14 July 24 11 Mar. 24% Jan. Apr. 40 80c Jan. 5 3 12 8 1 6 1% 3% 4% 37%c 75c .* 1 75c 50c 10c 15c 50c 7c 15c 3c .„-10c 2c 7c 2c 4c lc 4c 9% 4% 9% 4% 10% 5% 1 Menasco Mfg Co Merchants Petroleum Co Mt Diablo Oil Ming & Dev page 1% 2% 3c * Jade Oil Co Lane-Wells Co see 1% 1% 10c _ For footnotes 3 15c 22% May 20 10c 15c 10c 25c Sale 12%c 37 %c 12c lc lc 12c 9 * Hupp Motor Car Co Intercoast Pet Corp Nor don Corp 24 24 24 5 lc 100 Langendorf United Bakeries B * 140,929 Lincoln Petroleum Corp_._10c 43,248 Lockheed Aircraft Corp.. 1 13,366 Los Ang Investment Co 10 1 10,575 Mascot Oil Co 591,521 3,800 5,825 21,400 10 5c July July 25 2c Goodyear T & R Akron com--* Holly Development Co 4 21 2c * a20 Holly Oil Co Hudson Motor Car Co 1,940 1,715 6,500 11,000 2,782 4% 2c 5% Hancock Oil Co A "2% Sale 2c * Golden State Co Sale 25 20c 3% 2 % June 5c 5c 54% Gladding McBean & Co Globe Grain & Milling Co 5% Sale Prices 2 lc 2.50 common 75c Highest Sale Prices 50c lc 1 - 50 4% 2% 2% 10 -.2.50 10 24,856 General Motors Corp 345 General Paint Preferred 100 iL Lowest Sale Prices Sale 1 306 Farmers & Merch Nat Bk__100 4,929 Fitzsimmons Stores Ltd ~1 8,347 32,807 1,424 6,897 8,314 19,450 18c 37c 2% 3% 20 Highest Sale Prices Sale 1 * 4 5 6,856 Emsco Derr & Equip Co 30,880 Exeter Oil Co A 2% 4c 25 3,558 Douglas Aircraft Corp 13,802 Electrical Products Corp i 25c lc » 862 District Bond Co — •50 2% 1 * com 7,237 Creameries of America 570 5c 38c * 649 Chapman's Ice Cream Co 7,624 Chrysler Corp 554 8% 28 30c 2\ Broadway Dept Store com___* 60 25 200 4% Sale 7% 26% 10 1,247 i",ooo 1 Lowest Ask 12c 12c common Ask Bid Bid 2% 2 10 Common vot trust ctfs 3,500 Preferred v t c 3,000 Preferred v t c 4,700 1,270 Byron Jackson Co 2,843 California Packing Corp 2,356 Central Investment Corp 1,708 Ask 12 %c 50c Warrants. t Blue Diamond Corp Bolsa Chica OU Corp A a200 Buckeye Union Oil Co com mmm-- Bid Juiy 31 July I 1940 Par a50 Assoc Gas & Electric A 20,923 Bandini Petroleum Co a25 Barker Bros common 2,125 a» RANGE SINCE JAN. Jan. 2 6,123 Aircraft Accessories Corp__50c 1,150 Rights 2,080 1,150 JULY Price Since 1 5% 9% 7% 7c 32 4 40c 2% 10% 8% 9c 12c Sale 23% 3% 4% 42c Sale 1 12c 30c 1 1 45c 52 %c 6c 4c 9 40c Sale 23% 3% 50c Sale 3 c, W 10c Sale 45c 2% 25c 39c 3c 45c 5c 39c 5c 4c 5% Apr. 50c July a3% July 56 %c July 10c 25% 26% 3% Sale 5c a3% July 50c July 50c Sale 10c 2c July 9% July 10 30 10c July 24% July 3% July a39c July 2% July 2c July 9% July 10 30 Mar. Jan. 9% Jan. 8% Jan. 7c 12c July 25% Julf3% July a39c July 3 July Jan. 23% June 3% May 39c June 12c 3c Feb. 14 Mar. 27 12% May 6 8% Jan. 22 16c Mar. 1 41% Apr. 15 Jan. 10 15c 40c 4c July 17 4c July Mar. 60c^ lie* Apr. 50c Jan. 9 3c May 6c Jan. 10* 1% Jan. 25c 45c Sale 2c 6% Mar. II 87 %c Apr. 6 17 May May 9 9 Mar. 29 stock angeles loss August, 1940] AGGREGATE PRICES los angeles SALES July Jan. 1 STOCKS 1,794 4,600 21,160 3,660 5,600 14,809 """250 310 270 ~ 425 258 150 1,001 200 363 1,400 "l",666 7,538 Oceanic Oil Co . Pac Finance Corp common. Preferred A _ 4 636 128 933 Shell Union Oil Corp — 100 " B common.. 18c 5c 30c 37c 30c 5 3H 4 4 11c 11K 12 244 4,350 200 3,480 2,883 40 2,155 1,365 3,787 """319 763 6,705 11 10,805 800 12 10 33 H 10 20 6,588 7% iH 40 20c 8 7% 1 *A IK 7*4 Sale 5 K 5*4 30 15c 7H 34 83* 4*4 18H 17 654 175* 19 134 31 Sale 8 8H 434 Sale 44 Sale Sale 29K 29K 33 Vs 34)* Sale Sale 25 K Sale 1H 2 33 35 9H 8H Sale 834 8c lc 24 23 Sale 5 1 3H 6H 3)* 334 Sale 29H 285* Sale 2934 Sale 28 31 35 32 31H 8 3* 18)* 1H 33)* 85* 18H 134 32 22 25 23 44 27 H 40 8H 1854 134 9 7H Sale 5 Sale 9 8H 89* Sale 1254 7H 75* 734 934 7 H 794 7 2 5* 214 4 h 5 K 4 23* 2 214 3K 4*4 15H 154 6H 674 18 16 13 7 4 4*4 stocks— 1,327 Alaska Juneau Gold M Co.. 10 65,900 Black Mammoth Cons M Co 10c 1H 9H Sale 834 11 2994 33 H a2954 32 H 42 H 434 July July July July July July July 11 15 24 8 17 22 18 189* July 2 July 3 19* 43* 434 18H 15* a75c July 93* July 434 July a4134 July 12 a4434 July 28 July July 10 30 8H July 8H July 23 29 18 23 23 July 23 6 July 6 234 July 554 July July 43 45 July 29 H July Sale 283* July 28H 345* a32 34 July Sale 32 5* July 8H July 89* Sale 18H July 134 24 25 July 75* July 83* Sale 494 July 1854 al754 July Sale 12H July 7H July 83* a7 July 8H Sale 89* July Sale 69* July a4H July 2 July "23* 454 354 27 25 24 1 25 1 30 9 3 9 25 33* July 554 July July 44 July 30 34 July 2834 July a3234 July 339* July 834 July 1854 July 28 24 79* 5H al734 13 8 a7 10 7H a4H . 23* July July July July July July July July July July July 154 19* 154 July 2 a43* July 9c July lc July a2c July 134 July 154 July 28 30c Feb. 4 47c Feb. 12 10c June 21 37 H May 21 4 May 21 20)* Mar 6 June 17 Jan. 30 505* Mar. May 8 K May 2c May 20K May 2434 Jan. 25* May 45* May 2334 May 3834 May 27 K May 2454 May 34H Jan. 30 May 7 May 17 H June 1H May 21 May 754 June 4 K May 26 7 30 28 22 15 22 25 14 28 28 27 22 21 16 20 21 10 13 28 4 24 May 21 June 10 7 5* June 21 4H Jan. 65* July 5 Jan. 2 2 May 554 Mar. 18 Apr. 154 May 21 & 4*4 Apr. 24 9H May 20 1254 Mar. 15 10 July 11 265* May 31 29 May 25 265* May 25 30 May 29 12 18 16 Feb. June 3H July 134 May 22 30 May 21 14c Mar. 29 6 May 18 62HcMay 13 7H Jan. 12 354 May 15 15c July 834 July 15c July 7H July a75c July 83* July 4)1 July Sale Sale 25c 29c 12 8c Sale 1754 Sale 155* 9 K 30 10 21 27 37 75* 454 3c 5 24 10 H July 2 July July July July July July July July July 2 25c lc 23 " 5 4H July 6 18 2 32 30 H .1 8,655 Wellington Oil Co— 1 777 Western Air Express Corp 100 Western Pipe «x. Steel Co 10 4,551 "Vosemite Porti Cement pref 10 654 195* 45 3 537 Weber Showcase At Fix pref--* 295* a2834 32 H 385* 39H 3954 55* 4H 44 29 H 15H 8K 33 29 "-6H ~~7K 16 H 33 41H 8c 1034 July 29 28 834 37c July 7c 30 Sale 15* 87 He Sale 3 2 12 3H July 35 11c Sale Highest Sale Prices a6 July 18 594 36 Sale 8H 21 6 K 454 2)* a6c July 10 26 Sale 15 5 454 17)* 5% 16H 114 Sale 40H 133* 24 715 38 H Lowest Sale Prices 10c 47K 12 H 2c 27 37 Highest Prices 30c July Sale 32 46 H 30 20 300 2*4 13c * 1.50 1,820 Vultee Aircraft Inc 1,820 21 H ilU 13 3 34 41H 32 H 29 Sale 6 31 40 H 29 31K 35 % 49 h 8* 295* 32 H 29)* 34 3534 48 X 5c 99* 29H 32 H 2854 34 K 33 % 30 H * 967 Van de Kamps Bakeries 135,376 Vega Airplane Co 12 10H 10)4 12 20c 4)* 10c 22c * 29,150 Solar Aircraft Co 7,325 Sontag Chain Stores 25 49,061 So Calif Edison Ltd com 720 Original preferred 25 32,966 6% preferred 25 23,498 5H % preferred 25 25 1,171 So Calif Gas 6% pref 8,481 6% Series A pref —25 100 32,806 Southern Pacific Co * 52,413 Standard Oil of Calif— 300 Sunray Oil Corp 2o 6,553 Superior Oil Co common * 3,589 Taylor Milling Corp 2 96,708 Transamerica Corp Sest Air.* 11 Transcontinental & 85,262 Union Oil of California.....-25 10 10,606 Universal Cons Oil Co 1,660 V* * 1 — 6c 48c 25c 5,000 Sierra Trading Corp 4,252 Signal Oil-Gas A """310 15c 4 * 1,736 Safeway Stores Inc— 2,241 Security Co units. 110 178 Sale He * -1 10 n 4,080 1 Sale Prices Lowest July 31 Ask Bid Bid 43c 1 1 Occidental Pet Corp— Pacific Clay Products Pacific Distillers Inc. - Ask Bid 10 Preferred C 10 12,264 Pac Gas & Elec Co com....-25 4,848 1st preferrea 6% 25 2,309 5H% 1st preferred 25 6,168 Pacific Indemnity Co 10 9,656 Pac Lighting Corp com 903 Pacific Pumic Service 231 1st preferred 458 Pacific Western Oil 10 11,515 Puget Sound Pulp & Timb Co.* 23,429 Republic Petr Co Ltd 1 546 5H % Preferred A 50 1 25,320 Rice Ranch Oil Co 40,978 Richfield Oil Corp common * ppn f| fc 4,068 2 18,837 Roberts Public Markets. 108,318 Ryan Aeronautical Co 1 2,019 July 1 1940 Par Shares 1,404 RANGE SINCE JAN. Jan. 2 Since 1,990 IN. JULY Price stock exchange In Shares 50 «5 exchange 15 12 3 17 12 30 23 Jan. 13)4 Apr. 1254 Mar. 10 July 3454 Mar. 34K Apr. 31H Jan. 3954 Apr. 4954 Jan. 6 16 16 15 11 27 IS 8 5 23 Jan. 2 20H Feb. 19 8 Jan. 19 28H May 11 25* Jan. 5 401 i Apr. 9 17c May 11 83* Jan. 3 1H Jan. 11 10 Apr. 5 7 Apr. 24 52 K Apr. 8 4 8H May 21 33 3* May 3c 31 Jan. 9 Mar. 21 2434 Jan. 454 Apr. 7 Apr. 3054 Apr. 46H Jan. 3054 Jan, 29 5* Jan. 34 H Jan. 34 H Jan. 153* Jan. 2634 Jan. 19* Apr. 25 15 8 15 12 2 4 16 9 3 9 19 36 Jan. 10 Jan. 4 Mar. 14 7 20 1754 Jan. 8 15H Jan. 3 9H Mar. 27 14 Apr. 18 7H July 31 Feb. 20 314 Jan. 22 6 7 18 Mar. 28 Apr. 30* Feb. 2 654 Apr. 6 15 3 mining 50 1,000 3,000 78,500 9,000 6,285 6,000 300 825 2,100 10,534 100 4)4 454 43* 45* 12 He 15c 7c 13c lc 13c lHc 7Hc lc lc 2c Calumet Gold Mines Co—10c Cardinal Gold Mining He Co—A Cons Chollar G & S Co 5c a 2K Imperial Development Co__25c 10c Mining Co 25c He 2% lc 6c 2c 10c 1H 7c 3c 19* 1 2 a43* July 9c July lc July a2c July 234 July < 4K May 22 6c He 28c 38c 25c 35c "~20c lHc 2Hc lHc 2c 10 14Hc Jan. 9 2c Jan. May 18 Feb. 26 He May 9 3* Jan. 3 He Feb. 26 35c 28c ale July 25 ale July 25 17 June 27 7Hc 1 30c 2 He Sale Jan. 4c lc lc Prince Cons Mining Co Zenda Gold June Jan. 23 lHc Jan. 29 2Hc Mar. 26 Jan. 2 Jan. 11 15 I stocks— unlisted 3,635 2,261 320 295 13,291 14,505 4,468 7,565 1,391 13,610 1,840 10,527 1.802 4,768 7,693 4,924 911 1,285 1,250 m mm «*• - - - - 332 150 25 1,262 97 135 544 514 "45 2,144 545 7,845 3,951 7,447 7,483 928 38,771 4,374 645 1,909 7,932 4,538 3,448 430 4,479 100 291 411 160 570 270 70 429 210 117 60 1,133 620 180 ' m mm — - - 195 3,527 108 362 — - - - 14,153 2,001 3,421 14,980 2,522 180 573 3,469 460 „ 388 575 415 607 210 790 mm mm 480 279 125 276 230 - 693 295 362 1,912 605 196 435 * 20 H 24 H 3 Aviation A Transportation.. Baldwin Loco Works v t c 7 Caterpillar Tractor 5H Columbia Gas & Elec Corp Commercial Solvents * * Continental Motors Corp..._l Continental Oil Co (Dell Corp Curtiss-Wright Class A Electric Bond & Share Electric Power & 4,755 3,692 2,545 3,412 5,364 5,437 1,660 4,182 25,776 3,828 1,592 8,458 No par value 54 H 4H 6H 14H 1H 3 H 23 H 10 % 29 H 754 Southern. _* Commonwealth & 2 9* 74*4 53 H 10 Citits Service Co. 26 725* .5 .25 100 * Case iJ I) 5 i 1 5 5H 46H 44 H 45* 534 Light Corp.* General Electric Co 40*4 General Foods 48 Corp * Goodrich (B F) Co * Graham-Paige Motors Corp..l international Nickel Co _* international Tel & Tel ..* New Voric Central KK J.9^ 4 K 37 3* 36 H Ohio 18 54 1 26 22 H 7 * 3)4 1 50 243/8 1H 234 173* 65* 2234 Sale soy8 8 8K 5H 23 H * * * 754 41H 485* 5K 30 54 20 H 1294 H 22)* 2H 2434 24 H 3854 2H Sale 38 37*4 55 74 4 X Sale 26 H 23)* 7 H 3H 89* 6 2354 18H 19 3* 86 H 12 K 86 K 12 H UK 15 * 2094 * Sale 25 8jf * 1 1 9K 2 .25 2134 Texas Corp — .25 Tide Water Assoc Oil Co 10 45 h 4434 12)* 9 H 2 H 2254 4534 105* .11 * 86 H United Air Lines Trans Corp. .5 5 1534 473/ * 2)4 Union Carbide & Carbon United Aircraft Corp United Corp (Del) U S Rubber Co 10 S Steel Corp * 5 U Warner Bros Pictures Westinghouse Elec & Mfg—50 Willys-Overland Motors Inc.. 1 a Odd lots, 534 41 11H 1554 1934 59* 354 434 * — 854 24 * Co 14H 4 * Packard Motor Car Co... Swift & Co 4 10 Oil Co Sears Roebuck & 55 H 8 27 34 74 H 14 ys % * North Amer Aviation inc 1954 4K 1434 2134 45* 2H 14)* 25 5 5 Bethlehem Steel Corp (Del)..* Borg- v\ amer Corp Canadian Pacific Ry. 21 K 24 H 159 7*4 3 5* 17 H 12 5* 32 5* 819* 3 H 17 H 12 K 13 Aviation irA 59* 36H 31H 805* .1 Barnsdall Oil Co Bendix 4,913 Socony-Vacuum Oil Co 8,281 Southern Ky 1,121 Standard Brands Inc 9,376 Standard Oil Co (N J) 4,255 Stone & Webster Inc 2,123 Studebaker Gorp 17,510 327 Superior Oil Corp (Del) 100 ^ 51 1705* 1715* 30 H 30H 6 5H 2o Aviation Corp (Del) Paramount Pictures Inc 2,874 Pennsylvania RR Co 4,131 Pure Oil Co 1,407 Radio Corp of America 10,274 35,750 Republic Steel Corp Seaboard Oil of Del 185 542 _ Atlantic Kei'iniiig Co 18,501 North American Co 6,017 369 432 _ * 100 Copper Mining—50 Armour & Co (ill) 5 Atch Top & Santa Fe Ry.-lOO Anaconda — 322 m Am Smelting & Kefg Co American Tel & Tel Co 10 Kennecott Copper Corp. * 5,150 Loew's inc ...*. 3,190 Montgomery Ward & Co * 4,346 Mountain City Copper Co..5c 1,700 McKesson & Bobbins Inc 5 3,117 606 m * Amer Kad & Stand San ' 16 94 48)4 2% 4054 67 . 354 4 116 1 154 193* 734 4H 1654 88 M 6K 37 H 160 2094 45* 1554 2134 514 3 15 8H 27 34 75 H 1534 35* 48 H 45H 554 654 994 Sale 354 18 75* 23 54 65-4 59* 31 *4 415* 1354 1 23 3 2554 24 34 3954 3)4 4H 1134 1654 2054 65* Sale 554 20 754 5 1734 13H 7234 89* 115* 19H 63* 3334 854 634 154 205* 37 K 38 59* 3294 834 654 55* 393* 162 H 2054 4 K 1554 2054' 45* 2H 1554 734 293* 78 H 16H 234 49H 47 H 534 5H 9H 15* 2H 4*4 1254 163* 1954 534 994 9 71 1734 3634 154 199* t Name of Los Angeles Industries. 55 2 979* 2)4 4 47 9* Jan. 174 34 Mar. 12 37H June 15 May Apr. 10 Apr. 22 24 9* Apr. 8 22 May 14 20 5* June 5 May 8)4 Apr. 49* Apr. 33* June May 113* Mar. 2554 June 683* July 16H June 53* Feb. 19 H Apr. 12 )4 Apr. 13 31 16 15 17 2054 654 34 8 34 7 134 2954 3954 3454 Apr. 84 Apr. 24)* Apr. 6 Apr. 7 Apr. Ju.y June July May May May 22 10 11 30 22 14 17 June 27 2454 June 5 9* May 4H June 27 May 41 May 1654 May 20 13 17 21 14 13 15 10 9 16 25 8 4 26 13 1154 July 15 54 July 20 July 1254 July 1554 July 20 July 199* a7H 434 18 H a76H 89* all 34 63* July July 34 6H July 7 34 8 8 30 5 30 28 21 June 24 May 22 Ju.y June 11 May 22 254 May 15 53* May 17 19 July July July July July July July July July July July July July June 434 954 1554 16 34 534 19 9* July Jan. 9 11 454 14)4 119* 6854 754 20 14 19 5 12 30 31 22 30 5 June 20 May 21 May 21 June 13 May 21 May 13 May 22 3 June 8 July 22 534 May 20 Apr. 2 July 19 9H a67H 72 173* 1734 343* Sale 2 July July July July July 20H 1834 July Sale 2H 52 34 July 2)* July 989* a899* July 294 July 294 Inc., changed to Blue 19 July 38 H July a93* a7034 173* 373* 2H 1954 July July July July July July 55 July 254 July 94 July 2H July 8 Jan. 8 40 Jan. 11 47 9* Feb. 1 Jan. 3834 Jan. 4H Jan. 19 44 4 5 9 Apr. 6 3534 Feb. 47 H May 2 4H Apr. 12 79* Mar. 30 I834 Jan. 3 26 Apr. 9 239* Apr. 6 754 Apr. 17 4 Mar. 11 8H Apr. 24% Jan. 4 Jan. 5 y 73* 23 3* 119* 875* 5 17H 7H 4514 3 Apr. 8 May 21 Apr. 6 5 Apr. Jan. 26 Jan. 18 4 Jan. 12 Jan. 12 H Apr. 11 38H July 15 8 9* June 63 H June 3 12 12 34 34)* 1H 1834 21 29 15 13 20 16 12H Feb. 20234 Apr. 9 23 H Feb. 28 4754 Apr. 4 Jan. 3 11 829* Feb. 29 23 54 Apr. 15 51H Apr. 17 2H Jan. 3 38)* Feb. 9 65 Apr. 9 434 Apr. 4 1 9* Mar. 13 3H Apr. 22 2 38 H July Jan. 24 July 31 Apr. 8 Apr. 5 June 28 4 H Feb. 2 20H Apr. 17 1154 Mar. 8 7 29 9* Feb. 3 8)* Jan. 38 24 Vs July 22 June 39 519* 5 34 7H 1654 154 20H Apr. Jan. 2 5* May 9a 2 34' 554 4*4 9H 14 214 20 H 20 H June 2 5* May 454 Sale 51 1 4 1754 2 2354 July a254 July 2434 July 239* July a4134 July a5 68 H 89)* 2)4 July 3334 July 42 )* July al234 July a6 3 3H July 39* a5 July 554 195* July 2054 a73* July 7H > 8 434 July 454 4 1654 July 179* Sale 1234 1354 7554 7694 a7134 July 834 July 894 834 July 1194 1234 all 63* July 6 6H 834 2 a4834 July 19 534 July 31 2 634 July 9H July 30 1 1H July 2 2 34 July 3 al734 July 73* July 18 25 July 31 6 534 July 394 1694 3254 19* 1834 60 H 25* 1954 51K 2H 90)* 254 Sale 594 1934 335* 7 54 69* 134 1854 3854 10 534 May 3554 Juiy 148 May 19 July 53 48H a4454 July 554 July 6 55* July 9H July 103* Sale 13* July 2 34 July 3 25* 19 al734 July \ 183* 73* July 7 754 25 Sale July 25 534 July 63* 5H a5H July 534 554 3154 July 3334 Sale 41H July 409* 40 1254 all)* July 1134 62Hc 87 He 2354 July 23.34 2354 2 34 a2H July 254 2434 July 2754 2694 239* July 2534 2454 42 a3834 July 413* 67 H 3394 59* July 22 59* July 63* 35 54 July 3554 July 20 405* 160H July 9 163H 160H July 20 H July 19 2 July 2154 4 5* 16 54 al5H July 22 al654 July 16 2134 July 20 2134 July 20 2154 a5 a5 July 16 July 16 534 2 34' 159* July Sale 143* July a7 34 July a854 July 854 a26 34 July a30)4 July 30 a795* July 79H a7334 July al694 July 17 H al5H July 354 18 5 June May July May July 45 May 234 May Diamond Corp. as of March 26. 1940. RANGE OF PRICES ON PITTSBURGH STOCK Stock Sales 1940 July__.._ Jan. 1 to Shares- July 31 1939 30,659 494,421 78,787 518,966 EXCHANGE Bond Sales 1940 1939 July $1,000 Jan. 1 to July 31 $8,000 1,000 AGGREGATE SALES PITTSBURGH STOCK EXCHANGE In July Jan. 1 PRICES IN 5 Shares 50 41 70 375 50 150 1,695 100 100 100 124 20 75 356 100 112 910 — — - - 100 245 1,956 45 11,992 1,000 - STOCKS ^Shares 284 M BONDS $ 4,000 Independent Brewing 6s. 4,000 Pitts Brewing 6s — 150 100 122 5,305 Allegheny Ludlum Steel 41 Preferred- 3,702 1,182 2,249 8,373 1,667 Arkansas Nat Gas Preferred- 150 507 20 2,525 _ 1,800 1,281 22 685 Sale 11 Sale 7* Sale 100 35c * 5* Sale Sale 6* 24 16 3 3 5 3 5 5* Sale 6* 25c 1 * 16 5 11 Electric Products * 4,954 Follansbee Bros pref .100 25,856 Fort Pitt Brewing 1 100 Harbison Walker Refrac corn.* 70 Horne (Jos) common 100 5 270 Jeannette Glass preferred* 20 Jones & Laughlin Steel pref. 100 2,053 Koppers Co pref 100 * 47,626 Lone Star Gas 5* Sale 25c 1 17 6 14 15 11* 10* 12 6* Sale 14 1* Sale II* "13)4 IK 13 K 11* 4* 15 Sale 1)4 14 11* Sale .10 260 Penn Federal Corp common.-* 90 Preferred 4*% 50 * ^ com.I-IOO 22* July 1 * 7* 29* 7* 7* 16 Feb. July 5* July 5)4 July July 25c July 1 July 17* July 6 July 14* July 11* July 5 July 14 July 1* July Sale 18 24 11 5 5 26 5 3 16 25 9 31 5* July 6* July July 25c July 1 July 18* July 6 July 14* July 11* July 5 July 15* July 1 * July 85 10,298 Westinghouse Air Brake 1,934 Westinghouse El & Mfg 28 84* 10 Sale 10 * Sale 76 30 76* 5 Sale 814 9* 1* Sale 6* 7* Sale 6 80c Apr. 18 Apr. 8 July 11 5 Apr. 5 Jan. 26 5 22 5 Jan. 10 Jan. 10 Jan. 18 Apr. 22 Mar. 12 Mar. 21 Jan. 9 Mar. 13 Mar. 29 Jan. 9 3 May 27 June 26 25 31 1 9 80 9* 90c 6 80c Sale 95c 25 July 76 July 8* July 1* July 6 July 75c July 2 2 5 12 1 5 28 July 3 May 23 May 22 Jan. 1 July 13 9* July 17 1 * July 12 6* July 15 90c July 25 1 * July 12 1* July 18 Apr. 30 10 June 10 10 Apr. 5 Mar. 2 July 2 Apr. 26 May 24 May 24 83 3)4 Mar. 30 4* May 15 May 14 4 4* June 75c Apr. 26 May 8 May 9 Apr. 19 May 6 Jan. 3 Jan. 9 1)4 31K 90c 28* 30* 29 July July 25 8 90c 30 July July Mar. 20 Mar. 20 24 25 22 16 Apr. 25 25 26 May July May May Apr. 17 Apr. 15 Jan. 20 Jan. 10 1K 28X 12 22 1* 1* 32* 5* Sale 31 9)4 IK 1* Jan. 18 Apr. 23 1* Feb. 1 1* 8* Sale 5* 1* 35c 50c 4* 2c 11 Sale 1* July 75* July 5* July 3 July 40c July 15 19 31 22 2 1* July 78* July 6 July 3 July 50c July 15 17 31 66 . lc 2c lc 2c 2 1* 1* 25c 3314 29 33 33 30c 20c 25c 15c Jan. 2 3 Mar. 23 30c May 15 May 1 July 16 20 Jan. lc July 1* July 2 3 lc July 1* July 12 Mar 27 Feb. 1 Feb. 1 May 14 Jan. 10 13 Jan. 9 5 24 15 25 23 14 16 21 21 1 Apr. 2 17 lc slH June Apr. 33™ Apr. 25c 3 Sale 1 Apr. 18 16 10c 21 * 4 22 55c 50 Feb. 12 May 21 Sale ... 55c 20c June 10 ] 4* May 15 Jan. Feb. 50c 1)4 114 28 2 -_- lc 90c 4 * * 6 | Jan. 3 i Feb. 10 i Apr. 9 Jan. 5 May 22 May 16 1 11 1 * 1 June 18 ; May 10 l Apr. 19 i Apr. 1 ; Apr. 24 i Apr. 8 June 1 9,270 Victor Brewing Co 388 Waverly Oil Works class A 1 19 Jan. 1 4,530 Renner Co.-.1 4/0 Reymer & Bros common * 1,463 Iiuud Mfg 5 43,949 San Toy Mining 1 13,915 Shamrock Oil & Gas....... 1 453 6% Preferred 100 411 G% preferred 10 25 United Eng & Foundry ...5 18 May 21 May 21 May 21 100 Pittsburgh Oil & Gas 5 Pittsburgh Plate Glass ..25 Pitts Screw & Bolt Corp * Pittsburgh Steel Foundry * May 21 Apr. May July July July July 12* 1 12,690 Nat Fireproofing Corp com.-* 675 National Radiator Corp 10 Voting trust certificates 2,764 Vanadium Alloy Steel Highest Apr. 9 Apr. 27 85 * 3,155 Pittsburgh Brewing !Prof6rr6(i 2,434 Lowest Sale Prices Sale Prices 113 Jan. 9 113 Jan. 9 108 Jan. 11 110* Jan. 25 50c 10 80 McKinney Mfg Co 63,967 Mountain Fuel Supply 20* July 1* July 7* July 28* July 7 July 6* July 12* Sale * 622 160 37 * 240 United States Glass 2,600 36 Sale 100 10 Duquesne Brewing Highest Sale Prices 108* ..10 2,172 3,600 5,897 240 Ask 100 Crandall McK & Hend Devonian Oil Lowest Sale Prices July 31 Ask Bid 1 Par * Steel 684 Pittsburgh Coal Co Preferred 150 215 Pittsburgh Forgings 37 278 1949 Co 2,183 Consolidated Ice Co 491 Preferred Copperweld Bid 10 6% pref series A RANGE SINCE JAN. 1955 Armstrong Cork Co Blaw-Knox July 1 Ask Corp Byers (A M) *. 10 Preferred 140,216 Carnegie Metals 8,319 Clark (D L) Candy 22,443 Columbia Gas & Electric 3,062 1,715 3,640 15,432 2,550 1940 Bid _ JULY Price Jan. 2 Since Sale 25c ..... 21* Sale 32 July July 3 July 19* July 20c 3 16 16 16 33 July July 3 July 21* July 20c 3 16 16 31 Apr. Apr. May May 3 July 15* May 77* May 28 15c 6 Apr. 24 Feb. 19 June 12 May 10 Jan. 17 17 Apr. Jan. 4 Jan. 3 2* Jan. 1 UNLISTED 308 * 3,701 No par value, 1 * x Ex-dividend. Sale 1* July 1 1* July 11 1* May 24 In the earlier part of the country, General Quotations we only those dealt in on index to this publication complete records of the dealings date, for the latest month and for the calendar year to ............ ........ Federal Land Bank Bonds............... Foreign Government Bonds ...... 84 92 93 Mining Stocks. 85 Piiblic Utility .............100 72 Public Bonds, Real Estate Trust and Land Stocks....... 85 Textile Stocks 85 73 — - Title Guarantee and Safe Deposit Utility Stocks..................— 78 Railroad Bonds Quotations for all securities are as near as possible for the 67 .............. ... ...——_.lOl ......———. ............ Stocks- 85 United States Government Securities..... 92 United States Territorial Bonds 92 ....... closing day of the month preceding the date of issue. bond prices denotes that the quotation Is s flat price—that Is. that the accrued Interest forms part therefore the purchaser does not have to provide for It separately In no 85 92 ...—..— Railroad Stocks Real Estate Bonds 94 Municipal Bonds—Domestic Industrial Stocks....................... 71 84 — Canadian Investing Companies Securities.......... Page Page Joint Stock Land Bank Securities 81 always "flat," and In this department of quoted: Industrial Bonds...................... The letter "f" prefixed to the leading stock exchanges of furnished. one Page Insurance Stocks....... on comprehensive whole, securities of all classes and descriptions, not the exchanges, but also leading unlisted and inactive securities. The following is an combine in the different classes of securities Exchange Seats are of the price, and making payment. In the case of Income bonds and bonds In default, the price is designating mark is employed to indicate the fact Quotations for equipment bonds are based on average maturities addition to the price and unlisted securities are merely nominal, but in all Quotations for guaranteed stocks are "and dividend" that is che accrued dtvldead must be paid In It should be borne in mind in the use of these tables that the quotation* cases the many inactive figures are obtained from sources which are considered reliable. The following abbreviations are often used, via.: "M" for mortgage, "g" for dated "conv" for convertible, "s f for sinking fund, The for black-faced type in the letters showing NOTICE—All bond Bonds prices Bid are the Interest period indicates the month when the 84 Akron Canton A Youngstown— A.AAO 45 45 Gen A ref 6s 1945series 1st cons g 5s 1943 ser 1st cons 4s 1943 ser B A—JAD JAD 46 10933 10733 11034 10734 Alabama Tennessee A Northern— Prior lien 6s 1948-. ..JAJ Gen income 6s Oct 1948..-JAJ Alabama A Vicksburg Ry— A..MAN 1946—AAO 1st M g 5s 1974 st riet. Albany A Susq 333* 8 Alleghany Corp— Ik Coll tr conv 5s 1944 FA A k Coll A conv 5s 1949 JAD 5s stamped 1950 A&O Allegheny Val gen 4s 1942—MAS Allegheny A Western— 1st mtge guar 4s 1998 AAO American Refrig Transit—Equip 5s ser F, G A H, 41-'45 Ann Arbor 1st g 4s 1995—-Q-J Ark A Mem Ky Bridge & Term— 1st M 5s 1964 MAS Aroostook Nor 5s g 1947—-AAO Atchison Topeka A Santa Fe— Gen mtge gold 4 -1995 AAO Bi Adjustment 4s July 1 1995 Nov Stamped ... .MAN Conv g 4s of '09 due 1955. AD Conv g 4s '05 due 1955—JAD Conv g 4s of '10 due 1960.JAD Conv deb 4V3s 1948 JAD Trans S L 1st g 4s 1958—JAJ Cal-Arix lstAref4Hs'62 opMAS Rocky Mt Div 4s 1965 AJ Eq tr 233s 1940-1949 M&N Athens Term Ry 1st g 5s *37--JAJ Att A Blrm. See Seab'd Air Line Atlanta A Charlotte Air Line— 1st M 433- 1944 ser A JAJ lut M 6s 1944 ser B ...JAJ Atlanta Knoxville A Northern— 1st mtge gold 5s 1946 JAD 1st cons 4s Mar 1 2002—MAS Atlantic City 1st 4s 1951.—JAJ 1st 5s ext May 1 1954..—MAN Atlantic Coast Line RR— 1st cons 4s July 1 1952—MAS Gen unifser A 433s 1964..JAD 10-yr coll tr 5s May 1 '46.MAN Lou A Nashv 4s Oct 1 62.MAN Equipment trust 433& i,q 4 Via 1940-41 K (yr)_._FAA Eq tr 234§ 1940-52—_—AAO Atlantic Coast Line (Conn)— Irrori ctfsoi indebt 6a_ JAD Atlantic Coast Line of S O— Gen 1st g 4s July 1948 JAJ Atl A DanvilK 1st 4s 1948—JAJ 2d g 4s 1948 ---JAJ Atlantic A Yadkin gu 4s '49.AAO Aug Term 1st gu g 6s 1947..AAO Augusta Un Station 4s 1953.JAJ Austin A Northwestern— 1st mtge gtd g 5s 1941 JAJ 33 80 86 73 h 75 87 H 88 K _ \r< 10433 6234 65 2.75 1.50% 4033 42 97 X 80 98 105 H 85 106 8534 9634 9634 87 86 9734 97 96 10234 10934 10734 6634 5534 6734 5634 10334 673-s 3034 3034 13 3034 1334 57 58 int 334% to Jan 1 *47.JAJ Tol Cinn Div ref 4s A *59--JAJ 4534 4534 53 56 Eq tr 434s ser D 1941 JAJ Eq tr 434s ser E1941-42 AAO Eq tr 434s ser F 1940-44..MAN Eq tr 2 34s ser J 1941-50 Bangor A Aroostook— 1st M 6s g Jan 1 1943 JAJ Cons refund g 4s 1951 JAJ 4s stamped 1951 Piscat Div g 5s Jan 1943..AAO Van Bur Ext 5s g Jan '43.AAO Battle Or A Sturgis gu 3s '89.JAD Bedford Belt 1st 5s 1938-.--JAJ Beech Crk Ext 3H- 1961 AAO Belt Ry of Obatt 1st 6s '45-JAJ Belvidere Del cons 33*s 1943. JAJ 2.00 2.50 2.75 3.00 8834 5734 77 1.00% 1.50% 2.00% 2.00% 90 6234 82 78 35 45"" 42 6634 84"" Bessemer A Lake Erie— 1.70 9534 97 1.20% 109 2.25 82 1.50% 90 90 4 60 62 1st mtge 7734 5534 5534 7834 1967...MAS 1st mtge 5s ser II 1955. —MAN 1st mtge 4He ser JJ 1961.. AAO 1st mtge 4s ser RR I960 J&J inc M 434 ser AJuly '70 MAN 74 7534 7634 78 Stamped (cash election) Stamped (bond election) 5s series R May 1 1940 5s series S Sept 1 1940 5s series T Sept 1 1941 5534 Boston A Maine RR— 67 « 7134 48 6834 ■6334 2.00 2.00 2.50 70 65 1.50% 1.50% 2.00% 68 94 33h 8* 98 5s series U Nov 1 1941 5s series V Mar 1 1942 5s series W April 1 1942 74 7134 2234 46 - 58 3.00 3.75 AAO 2.50 MAN 2.75 5s 1941-1944 Boston ANY Air Line— 1st mtge gu g 4s 1955 FAA Bost A Prov deb 5s July 11938 Boston Rev Beach A Lynn— 1st m 434s Juy 15 1947—JAJ16 6s ext to Jan 15 1947— JAJ 14* 1633 1947—FAA 40 43 JAJ 40 45 Buffalo Creek 1st 5s 1941 JAJ 1st ref 5s 1961 JAJ Buffalo Rochester A Pittsburgh— 87 Boston Term Co 3 33s 4s1950 _ Cons mtge (stamped modified) int at 3% to 1946 due 1957 — Buff A Susquehanna RR Corp— 1st 4s Dec 30 1963 JAJ Burl Cedar Rapids A North— Con 1st A coll tr 5s g '34.-AAO Certificates of deposit Gen M g 4s 1956 3934 3934 62 65 333 6 3 5 10133 99 7134 2234 Canada Atl Ry 1st 4a 1955— JAJ Canada South 5s 1962 ser A.AAO Canadian National Rys— 7233 78 65 6633 6433 6433 6434 63 34 2s guaranteed 1942 2s guaranteed 1943 JAJ F&A F&A 7-year guar 2J4s 1946——J&J 3s guaranteed 1944M&N 3s 15-year gtd 1952. F&A 3s 13-year guar 1950 J&D 3s 16-year guar 1950 J&D 3s 15-year gtd 1953 F&A 3s 15-year gtd 1959 J&J 433s guaranteed 1951 M&S 433s guaranteed 1956 F&A Guar 7-year 234 s 1944 433s guaranteed 1957 J&J 434s guaranteed 1955 J&D 5s 15-yr. guaranteed 1954. F&A 5s guaranteed July 1 1969 J&J 5s gtd Oct 1 1969 A&O 5s guaranteed 1970 F&A 60 62 6134 8133 82 8233 8333 74 84 8433 84 7.00 86 86 Canadian N W 4 33s Oct 22 1943Canadian Pacific Ry— . A&O F&A 3s conv coll trust 1945 A&O 333s conv coll trust 1951--F&A 233s coll trust 1941-3s serial coll tr 1941 4s conv Called for redemption; see page 111. coll trust 1949 b Basis. JAJ 66 8* 7.25 91 1.50% 6133 6233 6233 7.50 91 loo"" 2.00 5s series K 1941-1944.-M&N 86 a FAA 71 433s series L 1941-1945-J&D 2 338 series O 1940-1947-F&A Canadian Nor deb 6 338 '46—J&J 86 98 JAJ 6 92 91 2.00% 3.00% 1.50% 2.00% 834 92 5s series X July 1 1942 5s series Y Jan 1 1943 5s seres Z May 1 1943 5s series AA April 1 1944 April 1 1944 -JAD 4348 1941-1943 Equipment trusts— 433s series J 1941-42—M&N 10034 9934 58 series BB 3434 2934 100 77 9134 1st mtge 5s ser AO 60 Equip trust 2 34s 1940-47—AAO 10534 9634 90~~ Equipment trusts— 334s 1940-1944 86 85 Cambria A Indiana RR— 90 9434 106 83 JAJ FAA JAJ Cambria A Cl'field 5s g "41 21 94 83 1947 4s June 1 A Dec 1 1940-49--_ 67 108 83 1947 3034 31 34s lmpt 1978 FAA 43*8 ser A 1943..AAO 334s Jan 1 1951 JAJ Ref 33%s 1952 gu N Y O..AAO 83 1945 Mtge 434s 1944 Mtge 4s 1942 Mge 3s 1950 3034 Boonvllle St L A Sou 5s '51-FAA 9934 1.25% Ask 83 1945 1946 5s series GG April 1 3634 Boston A Albany 5s Oct '63-.JAJ 6s June 1942 JAD 1.75 25 EE Jan 1 6834 35 32 99 Bid 5s series DD June 1 5s series FF Jan 1 Equip tr 234s 1941-1947.-MA8 Big Sandy Ry 1st g 4s 1944.-JAD Birmingham Southern— Equip trust 3)4s Dec. 1 1940-46 Blrm Term 1st g 4s 1957 gu.MAS iIo"~ 5s series CC Jan 1 5s series S'western Div 1st M due 1950 47 10734 Bonds Ask {Boston A Maine RR (Continued) 1st mtge g 4s, July 1948..AAO 4% ext sec notes 1944 FA A Stamped modified bonds: 1st mtge gold due 1948 int at 4% to Oct 1 1946.AAO Ref A gen M ser A due 1995 int at 1 % to Dec 1 '46.JAD Ref A gen M ser C due 1995 interest at 1 1-5 % to Dec 1 1946 JAD Ref A gen M ser D due 2000 int 1% to.Sept 1 '46.MAS Ref A gen M ser F due 1996 int 1% to Sept 1 '46.MAS Conv gold due 1960 FAA P L E A West Virginia— Ref 4s ext to 1951 MAN t Remainder of Boston A Maine quotations are for unstamped Issues. k Last sale, n Nominal, r Payable in Canadian funds. Interest, Bid Bonds Baltimore A Ohio— RAILROAD Gen A refers 1945 ser B.AAO Alabama Great Southern— bonds mature. "and Interest" except where marked "f" and Income and defaulted bonds Ask BONDS 35 Aberdeen AAsbeboro 1st 5s'40JAJ f 80 Adirondack 1st 4V3s 1942 gu MAS 100 Akron A Barb Belt g 4s 1942. JAD 'cons" for consoli¬ gold, "gu" for guaranteed, "end" for endorsed, "1 g" for land grant, "opt" for optional. 6.00% 6.25% 6.25% 70 9633 10634 96 100 64 100 57 5533 5333 55 56 58 / This price Includes accrued 68 RAILROAD NOTICE—All bond price* Quotations for all securities Bonds Bid Canadian Pacific Ry (Continued) 4a cons deb (perpetual).— J&J 6s coll trust 6s -J 1964 a* 50 62 82% 58 63 63 67 68% J&J 93% 7.50 4%s 1910-1945.-------J&D Oaro Cent 1st g ku 4s 1949 J&J Oaro Clinch & Ohio 6s *62. J&D 16 34 107% 37 44 48% 103 1st 6s 1940 --J&J Central Branch Union Pacific—- 1 1st 4s 1948 J&Dijf Central of Georgia— 1st M g 5s Nov 1 1945—-F&A|/ 8% Cons gold 5s 1945 --M.&N Ref & gen 5 %s 1959 ser B. A&O Ref & gen 5s 1959 ser C—A&O 5% 1% 1% Equipment trusts— __ 4%s series Q1940-.M&N 3 17% 30 2.00 4.25 J&J 4% 1.00% 3.50% 8% 9 49% 51% 13% F&A 14% 12 13% 2.50 Central Pacific— 1st ref 4s g guar 1949-——F&A 1 1954—A&O F&A European loan 4s 46 _M&S 64 1.50% 65 Chattanooga Sta 4s 1957 gu—J&J Chesapeake & Ohio— General 4%s gold 1992__-M&S Ref & lmtp 3%s D 1996--M&N Ref & .mpt 3 %s ser F 1996 F& A Ref & impt 3%s ser F 1963 J&D 2%% notes. 1941 J&J notes. 1942 —__J&J notes, 1943 —J&J notes, 1944 J&J 1946 Equipment trusts— 4%s series W 1940 4%s 1941-1945 „ 2s 2d con g 4s 1989 1.65 h 1.70 F&A& 1.75 > 1st mtge 4s w 1 1988 J&J Equip tr 4%s "A" 1945..A&O Chicago Indiana & Southern Ry— Con mtge g 4s 1956 guar.._J&J Chicago Indianap & Louisville— Ref M g 6s J947 series A...J&J / Ref M g5s 1947 series B—J&J|/ Ref M g 4b 1947 series O—-J&J 1st & gen 5s 1966 series A .M&N 1st & gen 6s May '66 ser B. J&J 1940-1944-A&O N on-cum inc 5s 1955(w-«) Chic Indianapolis & St Louis— 8hort Line 1st 4s 1953. A&O Chic June RR 1st 4s 1945 M&S Chic 67 99 s-' gtd 1942..A&O 105 53 79% 55 Cleveland Union Terminals— 1st 1 st s b f 5%s 1972 series A..A&0 8 f 5s 1973 series B..A&0 f 4 %s 79 82 73% 66% 1977 series C—A&O 74 68% RR— Equip tr 2%s ser A '4l-'52.M&8 2.25 86 95 95% 99% 1.75 100 1.25% 5s J&J 1960 14 13% 15 14% 26 2.50% 97 3.00 28% 60% 27% 2.00% 25% 58% 63% Cuban Nor Rys 17 16 17% 17% 6% 15% 5% 5% 6% 2.25% 10 12 30 2 105 50-yr 5s 1975 series A F&A Conv adj 5s Jan 2000 A&O Eq tr 5s ser J '41 to '44—J&D 4%s ser L '41 to '45 M&S.& 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%s May '89 ser E J&J Gen M 4%s May '89 Ser F J&J Equip trust 3H* 1941 -'53A&O Eq 4%s '41-'43 E & F (yr) .J&J Eq 4%s 1941 G & H (yr). J&J Eq tr 6s 1940 ser B (yr)__F&A Chicago & North Western— Gen M 3 %s g 1987 .M&N / Gen M gold 4s 1987 M&N / Stmpd non-pay Fed inc tax.. f Gen M 6s '87 stpd inc tax-M&N f GenM4%s'87 stpd Inc taxM&N f GenM4%s'87 stpd inctaxM&Ni/ 15-year 6%s Mar 1936—M&S 1st & ref 5s May 2037 J&D 1st & ref 4%s May 2037..J&D 1st & ref 4 %s May 2037 O J&D Conv g 4%s 1949 ser A—M&N „ 5 4.50 5% 1% 3.75% 3.75% 22% 23% 21 21 27 1% 4.75 23 22 3.50 4.50 4.50 4.75 24 24% 24% 2.25% 3.75% 3.75% 3.75 % 83% 79% 7 8 1% 1% 5% 2% 3.00 2.00% 2.00% 2.00% 1.75% 3.00 3.00 F 1941-1950—M&S & Denver & Salt Lake Ry— 2s series Inc mtge 6s Jan 1 1960 .An Apr 1st 4s 1950 —J&J Des Moines & Fort Dodge— 60 6 62 Stmpd (July 1 1933 cpn on). 2.00 88% 106 6% 1.50% 89 85% 1st mtge g 4s 1957 gu.. 65 62 ..J&J Harlem R & Portch—See N Y N H& Ha rtford Harris Ports Mt Joy & Lane RR Ext 4s 1943 J&J Hoboken Ferry 5s 1946 M&N Hocking Valley 4%s 1999 J&J Holidaysburg Bedford & Cumb— 1st M g 4s 1951 guar: J&J Holyoke & West 4%s 1951--A&O Housatonic con 5s 1937 M&N 5% 30 18 25 9j3% J&J 45"" 96% 1st gold 5s 1957 opt F&A Adj inc up to 5% Feb '57.A&0 1st M 4%s 1957 conv F&A Huntington & Broad Top Mt RR & Coal extend 6s 1940 A&O Extended 5s 1940 A&O 108% 41 121% 123" 98% 99% 18 46% 49% 44% 11% 45 ... 12 51 2% % Illinois Central¬ 103 ist b J&J J&J 3%s 1951--A&O 3s sterling 1951 M&S gold 48 1951 86 1st gold guar 4s 1953 Dext & Piscataquis 4%s J&J '49..J&J 104 20 40 A&O 42 45 43% 45% 40% g Coll trust 60 /This price includes accrued interest, 83 1st 1.50% 83 1st extended g 2.15 1st gold 3%s 1951 Ref g 4s 1955 ODt 1918—M&N Pur Hens 1st g 3%s 1952 .J&J M&N Detroit & Toledo Shore Line— 2 b Basis. '52. J&J 82 95 Hudson & Manhattan— 3% 49% Detroit Toledo & Ironton— Oalled for redemption; see page 111. 2.50 2 92 dep for gtd 4s 1935. J&J 1964 1st ref & term g 5s Feb 8 1.25% Gulf Terminal of Mobile— Assented subject to plan Ref & lmpt 5s 1978 ser B. .A&O Eq tr 4%s 194l-'42 (yr)..M&N Equipment trust 5s 4%s series C 1942 M&N 1 94% 78% 95 J&J 1941-1947 86% 103% 91 A&O . Secured notes 3s 1941-1945-J&J '55—F&A 1st 5s Mar 86% 86 103% 93% 78% 81% 78% 1st 5%s 1950 ser B 1 at 5s 1950 series C 3.00% 4%s 1938— Eq tr2%s 102% 96% 86 A&O 3.50 Denver & Rio Grande Western— 16% 9% 8% 8% 107% 102% 95% 45 con g 16 61 5.75% 42% Equip tr 2%s 1940-1946—J&D Gulf & Ship Island BR— xlh 6.50 77 J&J 7 17 59 1st M 6s 1958 series A Gulf Mobile & Northern— 50% Eq tr 2s 1941-1947— Greenbrier Cheat & Elk— 84% 105"" 64 Co. 20% 8% J&J J&« 88 49 M&N 14% 19 J&J 96% 86 83% 98% 103% 61% 4% 13 1995.J&D 2nd Mort. gold 4s 1995—J&D Detroit Terminal & Tunnel— 1st guar 4%s 1961 M&N 12 '41-J&J J&J Cen tral 95% 97 25 21 27 99 Det & Mack 1st lien 4s 12 102 an Gen 4s 1962 Can Govt gu..J&J Grand Trunk Western— 1st g gu 4s 5 July 1 1950—_J&J Great Northern— 1st & ref g 4%s '61 opt Gen M 5 %s 1952 ser B 95 103% 1.75 17% 21% 4s 1936—....—J&J Ctfs of 103 Gen mtge 3%s ser I 1967—J&J Secured serial 4s '41-'44--A&0 17 Des Plaines Val 4%s 1947—M&S 12 50 J&J 19 con g Gen Income 5s Aug 46% 29 J&J Mlchig 16% Denver & Rio Grande— 1st 1st 99% 44% Gen mtge 4s ser G 1948 J&J Gen mtge 4sser H 1946....J&J 25% Equip trust 4s Apr 1 1941-49-. b Delaware River Terminal— See Reading "3% 109 (Mountain and Prairie)4s 1955 (Lake Superior) 4s 1955 1st 4s Feb 15'42 Alb gu .M&N Delaware Lackawanna & Western 103 2% 44"" 42 96% 20 J&D 1943 3 1% M&S b 16% Imp & equip 5s 1960 M&N Danbury & Norw ref 4s 1955.J&J Dayton Union Ry 1st 4s '49.J&J Del & Bound Br 3%s 1955—F&A 1st & ref gold 4s 18% 5 1st 3 %s 1941 Grand River Valley—See Grand Trunk Pacific— lRt M3» 1962.. 19 Delaware & Hudson— 57 12% 1st 5s 1944... J&J W Va Midland Ext 5b '54-J&J Greenbr Ry 1st g gu 4s '40.M&N Green Bay & Western— Debenture ctfs A Feb / Debenture ctfs B Feb Guantanamo & Western— 17 J&J 7%s extended to 1946—..J&D 1952 6a extended to 1946 / 12 50 118 3 14 7 2 Gen M 5s 1973 ser O Gen 4%s 1976 series D Gen 4%s 1977 series E 12% 12% 11% 12% 12% 101% 71% 29 110 1st 5%s, '42 J&D Cuba RR 1st g 5s 92 74 J&J A&O J&J J&J Deb 4s 1956 guar Cuba Co extend 3s 1955 16 90% 11% 70% 9% Eq tr 5s Dec 14 1940-'43 (yr).. Grays Pt Term g 5s 1947.—.J&D 75 H) deb 4s '54.J&J Deb 4s 1955 26% 107% — Consol Rys (N Deb 4s 1955 18 112% F&A Concord & Claremont 6s '44.J&J Connecticut & Passuuipsic Rivers 1st gold 4s 1943 A&O Conn River gold 4s 1943 M&S Connecting Ry (Phila)— 1st M gu 4s Mar 15 '51.M&9 15 1st 5s 1951 M&S Colum & Toledo 4b 1955 2% 1% 101 1st 5s 1942. ..J&D Grand Rapids & Indiana— 1st 4%s 1941 J&J 1.75% 15 Colo & Southern 4%s 1980.M&N Columb & Hock Val 4s 1948-A&O 2 2nd ert 6s 1979 M&N Gouvernour & Oswegatchie— 106% 84 Coal Rlv Ry 1st 4s gu 1945.J&D Coeur d'Alene& Pend Oreille Ry 2% / Ga RR & Bkg ref 6s 1951 A&O 4s Jan 1 1947 ..J&J Ga Sou & Fla 1st g 5s 1945 J&J Deb 5s 1952 .A&O Goshen & Deckert'n 1st 5%s 1978 102 M&N 70 25 Certificates of deposit 108 75% / Georgia Fla & Ala 1st 6a *52. F&A Georgia Midland 1st g 3s '46.A&0 105 102 5% 5% 4.00% 9 M&N 100% 108 Gen & ref 4%s 1977 ser A.F&A Gen &ref4%sl981 serB..J&J 4% 5.00 67 50 4%s 1982 1st M 6s 1946 series A 104% 107% 80 Memp & Gulf 5s 1940.-J&J 52% 1st 4s gold guar 1995 con 59 / Georgia Carolina & Nor— Ext at 6% to July 1 1934— Georgia & Florida KR— 49 65 90 Chic Milw & Gary 1st 5s '48-A&O Chic Mllw St Paul & Pac RR— a 52 45 Ser B 3%s gen gtd 1942..A&O Ser C 3%s gen gtd 1948.-M&N Ser D 3%s gen gtd 1950—F&A 33% 53% 5% Ga & Ala oa Oct 1945 J&J Ga & Ala Term 1st g 5s 1948.J&D 68% 74 Imp 4%sser E 1977.J&J Ser B 4%s gen 1st 1.50% 64% Certificates of deposit.. Clev Cine Chic & St Louis Cleve Short Line4%s 1961.-A&O Cleveland Terminal & Valley— 12% Amended 80 78% 3.10 f Proof of claim filed 2.00% 2.00% 2.50 50 Fort Dodge Des Moines & Sou— 1st 5s 1938 J&D Fort St Un Dep Det 4 %s '41 _J&J Genesee River 6s 1957 J&J Spr & Col Div 4s 1st g '40.M&S 0.50% 1.00% 1.25% 1.30% 1.25% 1.35% 3.00 Florida Southern gu Florida West Sh 5s 1934 J&J Fonda Johnstown & Gloversv— 1.50% 12% 1-00% 2.00% 3.00 — M&S 4s 1945.J&J 100% Cleveland & Pittsburgh— 8er A 4 %s gen gtd 1942—J&J 3.00 Eq 4%s 1941 H (s-a) 108% 108% 66% 2.00 Florida East Coast 4%s '59. J&D 1st & ref 5s 1974 M&S Certificates of deposit.. 49 12% , Florida Central & Peninsula— 1st cons 5s gold 1943 ..J&J 91 95 89 122% 93% 27% 58% 26% J&J Gen mtge inc 4%s w 1 2038 90 F&A 4s 1940 cons guar g Cllnchfleld 3.25 Chic Great West 1st. 4s 1959.M&S 1st A&O 53% 91 Cleveland Akron & Columbus— 1st M 11% 22 -- 12% 12% M&N impt M 5s 1975 Proof of claim filed 1st M 3 %s ser D 1971 M&N 1st mtge 3%s ser E 1969—F&A Cl'field & Mah 1st gtd 5s '43.J&J Ref & 102 —. 5* income w i 1997 21 4%s 1941 LL (s-a)...M&S tr 4%s 1940-*43 (s-a)..M&S tr 4%s 1941-1945. J&D tr 4%s 1941-1944 F&A tr 4%s 1941-1942— -J&J Erie & Jersey s f 6s 1955 J&J C W & M Div 1st 4s g '91. .J&J St L Div 1st col tr g 4s '90 M&N 102% 2% Eq tr 3%s ser C '41-'51.-M&N Chicago & Eastern Illinois— 1st consol 6s gold 1934 A&O Chicago & Erie 5s 1st g '82. _M&N 21 21 14 Gen ref gold 4s 1950: J&J 1st cons ref 4%s *52 opt—M&N 2.10 26% 20 Eq Eq Eq Eq Eq 101 General 4s gold 1993..... J&D Gen M 5s ser B 1993 J&D 107 108% 108% 115% J&J '89-J&J _J&J Chicago & Alton RR— Refunding g 3s 1949 A&O f Chicago Burlington & Quincy— Gen M 4s 1958 M&S 1st & ref 4Josser B 1977..F&A 1st & ref g 5s 1971 ser A..F&A Illinois Div 3 %s '49 op '29.J&J 4s July I 1949 J&J Eq tr 2 %s 1940-1947 A&O Chicago & Eastern 111 (newco)— Gen M 5s May 1951 M&N Certificates of deposit ser E Monon Coal— 1.60 1.75 Warm Spr Val 1st 5s g '41-M&S Chesterf & l^ancaster 5s '55--F&A Equip tr 1.25 h Paint Creek Br 4s 1945—F& Potts Creek 4s 1946 R & A Div 1st con g 4s 126% 100% 100% J&J 59 63"" 20 Cincinnati Union Terminal Co— ^ M&S 1941-1947 / Cin Northern KR 1st 4s 1951 -J&J 28 & l%s 1941-1950 109 5.75% 103 b 90% 90% 51% 50% 50% 60% 25% J&J Ref & imp M 5s 1967 Ref & 106 106% 100% 103% 103% 103% 1945-1949 105 108% 106% 100% 99 Conv gold 4s 1953 ser A.. A&O Series B 1953 A&O Series D 1953 A&O 54 45 1st consol gtd 4s 1942 M&N Oinn & Muskingum Valley— 1st 4s 1948 F&A Clnn New Orl & Tex Pacific Ry— 99% 106% 100% 101% 102% ^ 49 55 98 100 J&D 3s 1941-1946 2%s . 5s stamped 1985 Erie prior lien g 4s 1996 Gen lien gold 4s, 1996 47% 23 100 A&O M&N El Paso & R I 1st gu 5s 1951. J&J 2.75% 101% 1.20% 1.70 El Paso & Southwestern RR— 1st & ref 5s 1965 A&O 41% Eq trust 2%s 1941-1952.-A&O 126% -—J&J 51 1st (stmp mod) 3-5s 1965-M&N Cincinnati Lebanon & Northern— 106 1945————J&J 65 35 82 6.50 1st & ref M 4%sD 1962—M&S Choc & Memph 5s 1949 J&J Choctaw Oklahoma & GulfConsol gold 5b 1952 —M&N 50 60 3.75 80 106 45% Guaranteed 3%s 1951..-M&S 1st mtge 3%s ser F 1963.-J&J Chicago & Western Indiana— Consul gold guar 4s 1952..J&J 75 1st 6s 1910 ext at 4% 1950. J&J Income 5s 2862 A&O 77 83% 96% 108 100% 3%s ser A 1970—M&S Eq tr 2%s Dec 1 1940-49.. Elniira & Wiliiamsport— 73 Chic Terre Haute & Southeast— 1st & ref g 5s Dec 1 '60 opt J&D Inc mtge 5s Dec 1 I960.—M&S Chicago Union Station Guar 4s 1944 A&O 1st mtge 3 Hb ser E 1963 J&J 93 107% 1st mtge 11 Central RR of South Carolina— Eq tr 5s Dec 14 1940-1944 (yr). b Charleston & Western Carolina— 1st 5s 1946 ...A&O Chatt Rome & Sou 1st 5s 47 J&J f 6% 1% 2.23% 100 30 51 3.15 90 M&N Columbia Ry 4%s 1944—A&O Elgin Joliet & Eastern— 7% 22% 103 Eastern Ry of Minnesota— Nor Div 1st g 48 1948 A&O Edmonton Dun vegan & British 6% 5% 107% 20% M&N East Tenn Va & Georgia— Consol 1st g 58 1956. 13 7 66 46 1st ref 6s 1940-1976 Central Vermont Ry— Equip tr 2%s 1940-1950.-F&A Chicago St Louis & N O— Con g 5s June 15 '51...J&D 15 Con g 3 %s June 15 '51 .J&D 15 Mem Div 1st 4s 1951 J&D 1st stamped 5s 1965 Ask 107% 1st gold 5s 1937 J&J East Penn 1st 4s 1958 M&S East Tenn & Western N O— 14% 95 60 45% CentralRR & Banking of Ga— Coll tr 5s ext'd to 1942—M&N 1% Bid Duluth Mlsoabe & Iron Range— 1st mortgage 3 %s 1962...A&O Duluth South Shore & Atlantic— 2.00% 2.00% 2.00% 1.00% 2.25% Cincinnati Hamilton & Dayton General 5s gold 1942 J&D Cine Indianapolis & West RR— 1st g guar 4s Oct Guar g 5s 1960 notes. 3.10 13% 12% 6% 5% 6% 5 Eq tr 4%s 1940-1944 A&O Chicago South Sh & So Bend— Sink fund 3s ser B 1963 J&J 2 3 - notes, 2.00 Sec 4 %8 1952 ser A M&S Sec 4% ser A certif ofdep 30-yr conv 4 %s 1960. .M&N 2 3 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 tr4%s 1941 (yr) 3.00 Bonds Ask Chic St Paul Minn & Omaha— 2% 1946 3.00 — 5% , 4s series T1941-1952—-J&J 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 3.00 . 69% 94% 6.25% 107% Bid Chicago & North Western (Con.) Equipment trusts— 4%s series U 1941-43.-M&N 4%s series V 1940-44 F&A b 4%sseriea W 1940-44—M&S b 4%sseries X 1941 --F&A 2%s Der 15 1940-1949 Chicago Rock Island & Pac Ky— General gold 4s 1988 J&J Certificates of deposit.. , Kef g 4s 1934 opt to 1911.-A&O Certificates of deposit Carthage & Adirondack— 1st mtge guar g 4s 1981—-J&D Catawissa PR g 4s 1948 A&O Central Arkansas & Eastern— „ possible for the closing day of the month preceding the date of issue as Bonds 64 .a near Ask 60 coll trust 1942 conv Equip trust 6s 1944 "and interest" except where marked "f" and Income and defaulted bonds are 48% 4%s secured ctfs 1944—-J&D 4%s coll trust 1946 4%s coll trust 1960 J&J BONDS are k Last sale, n gold 4s 1952 Nominal r 40% Payable in Canadian funds. ./ where marked "f" and income and defaulted bonds possible for the closing day of the month preceding the date of issue "and interest" excopt NOTICE—All bond prices are Quotations for all securities are as near as Central—(Concluded) „ M&N Kef mtge 5s 1955 M&N 40-year 4 Ms Aug 1 1966.F&A Carlo Bridge 4s g 1950—J&D Lltch Div 1st g 3s 1951 J&J Louisv Div 3Ms g 1953—J&J Omaha Div 1st 3s g 1951—F&A 42 M 51% 41 50 Collateral trust 4s 1953 40 % lhH Equipment trusts— 2 Ms ser T 1941-1949—M&S 3s ser R, 1940-1952 M&S 4M« ser L. 1940 A&O j8 ser M, 1941 —M&N is ser N. 1940-1941—A&O is ser O, 1941-1942.--J&J js ser P, 1944 A&O 4s ser Q, 1940-1944 F&A IU Cent RR Co & Chic St L & N O RR jt 5s, A, 1963—J&D 4M« series C, 1963 J&D Indiana Bloomington & Western— _ 52 M 55 56"" 2.50 1.80% b 2.75 b 1.25 2.00% 0.75% 1.00% 1.00% 1.10% 1.25% 1.50% 1.50 b b b b b 1.50 1.75 2.00 2.15 45 M 42 M 45 42 A&O / 1st ext 4s 1940 50 50% b 99 Indiana Harbor Belt RR— " 106 J&J J&J Genl mtge 4s 1957 Gen mtge 4M« 1957— 111 Indianapolis Union— Ref & imp M 3 Ms ser B *86 M&S Internat-Great North Ry— 1st M g 6s 1952 series A—J&J AdJ M 6s July 1952 ser A.April 1st M 5s 1956 series B J&J 1st M 5s 1956 ser O— -J&J Equipment trusts— 4MsserA 1940— J&D 4M» series B 1941-1942.A&O Internat Rys (Central America)— Purch money 5s 1972— J&J / 9% Meridian Term 4s / / f / 8% 1% 7% 7M 6 2.00 ft 2.50 65 M 73% 85% J&J J&J 1961-J&J 1.00% 1.75% 70 70 J&J J&J Cong g ref 3 Ms 1997 J&D Leamington & St Clair 4s '45 A&O Lehigh & Lake Erie 4 Ms '57.M&S Lehigh & New England— 1st M gold 5s 1945 -J&J Gen mtge 4s ser A 1965 A&r» Eau)ntr4MsG 1940-45—M&N Eq tr 3s ser Iv 1941-1947..J&J Lehigh Valley Harbor Term Ry— 1st mtge 5s 1954 F&A Lehigh Valley— 1st gold 4s 1948— —J&D Con M 6s ann lrred J&D Con M 4 Ms ann Irred——J&D Gen cons gold 4s 2003 M&N 4s assented 2003 74 % 90 87M 75 38 107M 81 % b ft f / 2003.-M&N / 4Ms assented 2003 -/ Gen con gold 5s 2003 M&N f / Lehigh Valley Ry of New York— 1st 4Mb gold 1940. — J&J 4 Ms assented 1940 Lehigh Valley Term 5s 1941 A&O 5s assented 1941 Lehigh & N Y 1st 4s 1945—M&S Lex&East'n lstgu 5s 1965.-A&O Lincoln Park & Charlotte— 5s 1939 —-J&J Lltchf & Madis 1st 5s 1959.M&N Little Miami guar 4s 1962.-M&N Little Rock & Hot Spr West Ry— 1st gold 4s 1939 guar J&J / Long Dock cons 3Ms 1950.-A&O / Long Island— Unified g 4s. 1949 M&S Reminding mtge 4s 1949--M&S . 90% 6" 1M 106M 54 90" 32 31M 1st 64 65 % 1.00% 1.50% 98 106 50 79% 92% 80 93 % 89 19M 44 47 40 45 57 43 14 14 14 N J & N Y 1st ext 5s 80 General 5s 14 15 M 15M 39% 39 % 45 M 45 M 33 % 114 57 101 Ref & impt 63 96 59% Indiana— 58 / 60 49 30 / / / / / / 35 55 Ref & impt 5s 22% 12% 1% 1% 76 4M 3% 5M 5M 5 5% 25 23 2, 48% 1M „ 102 M 75 M 77 3.25 1st M 83 1.35% 16% gold 4s, 1938 15 16% 17% 16M 15 i7M 15 2.75 3.00 1% "I 4.8665. I 94 M&S / M&S / 88 M&N / 2000--M&N 80 10% 98M 35 General gold 4s 1941General 1st 5s 1941 —M&S M&S M&S 93 14 / / / 14 14 13 M 13M 14 .F&A ft __._M&S 4Ms9-15-40to3-15-45M&S 15 4Mb 1941-1946 J&J Har Riv & Pt Ches 4s *54 M&N 70 63 17 2.75 ft 3.10 b 3.10 b 3.10 / 65 39 J&J New York Ontario & Western— M&S / J&D / 4 1% New York Pennsylvania & Ohio— Prior lien ext 4Ms. 1950..M&S/ 95M Ref 1st g 4s June 1992 35 3.00 2-25% 2.25% New York Phila & Norfolk- 2.75 2.25% N Y Prov & Bos 4s 1942 24% 42 42 26"" 49 53 38 43 105 % 115 Gen M g 4s 1955 red 34% 24 % 98M 78% 49 N Y Short 103 N Y & Stamford 4s 1958...M&N / 35 New York Susq & Western— 1st refunding 5s 1937 .--J&J / 15 2d mtge 4 Mb 1937 F&A/ 7M Gen mtge. 5s g 1940 F&A / 7 Stock trust ctfs 4s 1948 1993.A&O Line 4s 1957 F&A Term 1st g 5s M&N / 1943 N Y Westchester & Boston Norfolk Southern— 50 37 38 M 32 32 % Norf & South 1st 5s 40 % 1st gen g f 12M / 1941.M&N / 12 71 % 5s 1954 opt Norfolk Term 1st gu 4s *61 b Basis. 3% 100 _ 1st & ref g 5s *61 opt *15—F&A Certificates of deposit 90 40 M 49 Ry— 1st M g 4Mb 1946 guar...J&J/ Norfolk & Car 2nd 5e 1946—J&J 40 111. J&D A&O f N Y & Putnam 1st 4s g 106 M 120 Called for redemption, see page 17 M 3M / 29M 3.00 J&J / / 3Ms 1954 non-conv--A&O / 1956 conv J&J / 31M 31M 39?^ 39 % M&S 78 60 15-year secured 6s 1940—A&O / 1st & ref 4Mb 1967 J&D / Deb N Y A N J Ferry 5s 1946 1st guar g 4s 1991 M&S Oonsol gold 3 Ms 2002 M&S Monon Coal—See Chic Ind & Lou / Deb 3 Mb 3s 1940-1951 61 25 M&S 1939—A&O N Y New Haven & Hartford— Deb 6s Jan 15 '48 conv J&J15 Deb 4s May 1 1957 M&N Deb 4b July 1 '55 non-conv J&J Deb 4b 1956 non-conv M&N Deb 4s 1947 non-conv...M&S Deb 3 Mb March 1947 M&S 75 66 51M 57 1973—.M&N Equipment trusts— 2Ms 1941-50- Mohawk & Malone— a 107 Fy 5s May 1946-J&D 1st & ref 4s ser A 76 Ref & impt 4Mb 1977 Certificates of deposit 1st mtge gold 5s 1939 Montauk Ext 1st 5s 1945 3.00 3.50 1st & ref 4 Ms 1973 ser B—M&N New York & Long Branch— 1% 2.00% 2.25% 1% Montana Wyoming & Southern— 112 2.50 mtge 4Ms 1938 York & Greenwood Lake— N Y & Hob 68 —J&J J&J J&J J&J Monongahela Ry Co— 1st mtge 4s ser A 1960—M&N Monongahela Sou 5s 1955—A&O Gen 6s 1955 A&O F&A NY & NE Bos Ter 4s 15 Secured 5s 1938 M&S Certificates of deposit Eq tr 4s 1941-1943 M&S Eq 4Ms 1941-1942 (yr)—J&Jl5 Eq tr 2Ms 1941-1955__ —_F&A Montgom Div g 5s 1947—F&A Certificates of deposit 2.00% 3d 15 Mobile & Ohio— 65 89M 65 56 % 83% 80 M M&N / F&A 120 2.00 2.25 106M A—F&A 1st 4s ext g 1947— 2d ext 5s 1939 16M 5 85 New York & Erie RR— 16% Conv g 5Ms 1949 ser A...M&N Secured 5Mb 1940-1956—J&D Eq tr 4Mb '4K44 F (yr)._M&N Equip tr 2 Ms 1940-1949—F&A Mo Pac (old)—Gen 4s 1975-M&S 3d ext 4s July 1 1938-.—-M&N Mobile & Birmingham— 92 M 92 M 4M8 1953 series 1st guar 58 1953 series B 83 2.25% 55 New York Lack & Western— % % 9 60 M 16M Gen 56 M Spuyten Duyvil & Pt Morris"3 Ms 1959— J&D N Y Cent equip trusts— 4 Ms 1911-1945 M&N ft 2 Ms Mar 15 1941-1952 b New York Chicago & St Louis—• 1st 3Ms extend 1947 A&O Ref 5 Ms 1974 ser A A&O Ref 4Ms 1978 ser O M&S 10-yr 68 coll tr 1s 1946 F&A 3-yr 6s ext'd notes 1941 A&O .Equipment trusts— 2Ms 1941-1947. M&S 6 3s 1941-1951 J&J b 4s 1940-1949 M&S ft New York Connecting RR— 75 16 % 59 L S coll tr g 3 Ms 1998 F&A M C coll tr g 3 Ms 1998—F&A 7 2 27 M 47 V 82 80 M 92 25% 4s 1945—. 4s small 1945 57% 53 M Ref g 3 Ms July 1 1997—J&J Deb 4s 1942 tax-exempt--J&J 1st gold 4s 1990 J&D Mo Pacific RR (new company)— g 90 New York Central & Hud Riv— 73 2.75% Gen M 2.00% 107 2013 O 12 M 4M 3.75 1945 40 3" 00 ft A&O 10-year 3 Ms sec s f 1946—A&O 3 Ms conv secured 1952—.M&N 6 1M M M 68 68 1978 ser D.J&J AdJ M 5s Jan 1967 ser A..A&O Eq tr 2 Ms 1941-1952 F&A 32 29M Cons mtge 4s 1998 ser A—F&A Ref & impt 4Mb 2013 A A&O 43 21M 11M 10 / / / / f New York Central RR— 6 28 20 Prior lien 4Ms 5s small { Equip trust 4 Ms Newport & Cincinnati Bridge— 1st M g 4Mb 1945 guar J&J Newport & Richfor Is 5s 1941 — .... Guar g 5s 1946- — N Y& Har 1st g 3Ms Prior lien 5s, 1945 F&A 43 / 16M 38% 1956 8eries D New 40% 47J-' 33 Certificates of deposit 14 40 M 30 38 Certificates of deposit 1st M 4Mb 39 1st & ref 5s 1981 ser I—..-F&A Certificates of deposit.. 68% t Secured interest at exchange rate of r Payable in Canadian funds. 66M 52 71 % 34% 20 . fk 29 J uly 19 Certificates of deposit 34% 33 1st M 5 Ms 1954 series A—A&O / 32 / 17 M Certificates of deposit 40 1st 5s 1956 series O F&A / 30 53 16M 14 —A&O 1st 5s 1954 series B Saginaw 29 31M Non-cum inc 5s '35 ser A..A&0 Certificates of deposit 65 90M 1st & ref 5s 1980 ser H A&O Certificates of deposit— 15M 57 M 63% 1953--J&J/ New Orleans Texas & Mexico— 39 M 17 99M M&N 4Mb 52 ser A..J&J New Orl Term 1st 4s % 16M 15 68M 11M J&J / Extended at 5% 1940 1st & ref 5s 1978 ser G...M&N Certificates of deposit 15 2 3 New Orl & Nor East 6s 1915 16M 104M 91M g\% 91% 80 1st & ref 5s 1977 ser F—.M&S Certificates of deposit 23 18 60 J&J 50-year 1st 5s 1983-Income deb 5s 2032 113M 13 H 58 M 38 1950—M&8 / Jan 1 1938 / 12 M 46 63 38 New Orleans Great Northern— 5M8 1978 ser B J&J 25-year 5 Ms 1949 M&S Minn Terminal 1st 3 Ms *50.-J&J Minn Transfer Ry 3%a 1958.J&O Missouri Illinois Bridge and Belt RR cons 4s 1951 J&J Mo-Illinois RR 1st 5s 1959..J&J Equip trust 2 Ms 1940-1949F&A Mo Kans & Okla 5s 1942—-M&S 1.75% ...1951 , M&N / 13 31% 1951—M&S 1st & ref 5s Jan 1965 A Certificates of deposit M and scrip receipt No 4 on Naugatuck 1st 4s 1954 Eng cons 4s 1945 gu J&J Consol g 5s July 1 1945—J&J New Haven & Northampton Ref cons 4s 1956 J&D N J June 1st 4s gu 1986 F&A Minneapolis Northfield & Southern Ry 1st 6s '41.-M&S Marie— 1st cons gold 4s 1938 J&J 1st cons gold 5s 1938 J&J 1st cons 5s 1938 gu int J&J 2d M gold 4s guar 1949---J&J 1st ref 6s 1946 series A__ J&J 83 f New Missouri Kan & Texas Ry Co— 43" 1% *26 / off. _ 1951 Assent cash warrant 2.00% M . April 1914 coupon Missouri-Kansas-Texas RR— IVior lien 5e 1962 ser A J&J Prior lien 4s 1962 ser B J&J 90 M 1914 coupon on) 77 1st ref 107 M 4s (Apr 1951 con 49 Constr'n 5s 1955 ser A—M&N Oonstr'n 4Mb 1955 ser B.M&N 73 72% Montgomery & Erie 1st 5s 1956— Morris & Essex 3Ms 2000—-J&D Nominal, Prior lien 4 Ms assent cash warr't & scrip ret No 4 on 72 -M&N 1957. J&J Middlesex Val 1st 5s 1942—M&N Midi RR 4% franc bonds (Foreign series) 1960 J&D Midland of New Jersey— ext at 5% to 1940 A&O Midland Valley 5s 1943 A&O AdJ M Apr 1 '53 ser A Sept Adj 5s series 3 1953 SeptMilwaukee & Northern— 1st ext 4 Ms 1939 ; J&D Con ext 4 Ms 1939 J&D Mil Sparta & NW 1st 4s 1947M&S Mil&State Line 1st 3 Ms 1941. J&J Minneapolis & St Louis— 58 ctfs of deposit 1934----M&N 1st refdg gold 49 1949 M&S Ref & ext 5s Feb '62 ser A.Q-F Certificates of deposit. . . 1st 7s ext at 6% 1932 J&D Certificates of deposit / / April 1914 coupon off 1977— Assent cash warrant and scrip receipt No 5 on 1977National RR of Mexico— Minn St P & Sault Ste 2.20 48 stamped 1949 M&S Equip tr 4 Ms 1941-45 (yr)_F&A 6 2.75 Louisiana & Ark 5s A 1969—J&J 82 M Equip trust 3Ms to 1946._A&O ft 2.50 La & North West 5s 1935._A&0/ 20 Louisville Henderson & St Louis— 1st mtge gold 5s 1946 J&J 107 Louisville & Jeffersonville Bridge Guaranteed gold 4s 1945..M&S 109 n scrip receipt No 4 on 1957*14 coup on) Gtd gen s f 4s (Apr 85 72 1st 4s 75 1.50% 65 1 1957—— / 48% J1959—--------M&S Joliet & Northern 68 2.00 38M Gen con gold 4Ms 5s assented 2003 Grand 1st 4s Jackson Lansing & 2.35 4Mb— / 106" 81 2.75 65 F&A M&S July 1914 coupon on 1957 July 1914 coupon off 1957... Assent cash warrant and International— 1952 River Valley— lien Jan 1914 coupon on 105 81 72 *55 guar.M&N 1st gold 3 Ms 8 RR— 1st mtge 5s ext at 3% to *47 2d 5s 1941 Lake Shore & Mich South— 79 4s Sept 1914 coupon on 1977— 4sSept 1914 coupon off... 1977 4s Asst(cash warr & coup)_1977 Michigan Central— Ref & impt 4 Ms 1979 ser C J&J 1st 3M» Sept 1947 F&A 45 Debenture 4s 1961 J&D 4% Iowa Central 5s ctfs 1938.-J&D f 1% 1st & ref g 4s 1951—.—-M&S f Jacksonville Gainesville & 1 Gulf Ry 1st 5s 1951... .—A&O / Jackson Lansing & Saginaw— See Michigan Central Jacksonville Terminal— 1st & gen mtge 5s 1967 J&J 103 Ref & ext 5s ser A 1967—J&J 102 Ref & ext 6s ser B 1967—J&J 102 M Jamestown Frank & Cleartield— 1st g 4s 1959 guar J&D 52M Joliet & Nor Ind—See Mich Cent Joplln Union Depot Co— 1st 5s June 1 1944 J&D 105 Kanawha Br & Ter 5s 1948.A&O 107 M Kana & Mich 1st 4s 1990—A&O 85 M Kan City Ft Scott & Memphis— Ref g 48 1936 guar A&O / 31 Certificates of deposit f 24 Kan O Mem & Bir 4s 1934—M&S / 71 Income 5s Mar 1934 Sept 1 / 70 Kan City Sou 1st g 3s 1950—A&O 61 % Ref & Impt 5s Apr 1 1950—J&J 65 M Eq tr 3s F Jan 1 1941-1943 b 1.50 3s 1914-1946 J&J b 2.00 Kansas City Terminal Ry— 1st g 4s 1960 opt 1930 J&J 107 % Kansas Oklahoma & Gulf— 1st M 5s 1978 J&J 95 Kentucky Cent 4s g 1987 J&J 104 Kentucky & Indiana Term RR— Jlst gold 4Ms 1961 J&J 20 Lake Erie & Western 9M 1% -8M Prior 104 104 a 12% Eq tr 2Mb 1941-1952 National Rys of Mexico- 83 % 1-75 % 110M Terminal 5s 1965 J&J Maine Central— 1st mtge & coll 4s ser A.45 J&D Conv gen 4M» ser A 1960.J&D Secured 6s 1959 1st ser—J&J Equiptment trust 5s to 1944— Manila RR Sou Lines— 1st 4s extend 1959—.-— M&N Manitowoc Green Bay & Western f 1st gtd 3 Ms 1941———--J&J Maryland & Pa 1st g 4s 51-M&S 1st cons A 6s 1963—- - ... - A&O Mexican 1st 1 & ref 6 Ms J4 Ms stamped 1961 4Mb plain 1961 1st mtge 4 Ms unguar 104 M 80 % & St Nashville Chattanooga 1st M 4s 1978 ser A 104 M S'east—See Wis Cent Memphis Union Station Co— 1st g gu 58 Nov 1 1959—-M&N 106 95 M&N 1st M 5s 1972 opt 103 M 104 Macon 59 M 58 J&J J&J 87 83 % 2.25 Extended unified 4s '60—-J&J Atl K & Gin Div 4s 1955—M&N Pad & Mem Div 1st 4s 46-F&A St Louis Div 2d 3s 1980. M&S Mob & Mont 4 Ms 1945—M&S Southern Ry joint Monon collateral 4s, 1952—-—J&J L & N Term 1st g 4s 62 gu J&D Macon Dublin & Savannah— 1st 5s 1947-------J&J 101M 94 M M'shfield & Indiana Illinois & Iowa— 1st gold 4s 1950 Indianapolis & Louisville— 1st guar 4s 1956 85 Bxtend^sunif&5tep50-j&j 49 47M 94 Bid Bonds Ask 100% trF|?3Ts1erDE2&:il8 \% 65 60^ 40 Sp'field Div ext 3 Ms 1951 J&J Western lines g 4s 1951—F&A Louisville & Nashville—1st & ref 5s 2003 ser B——A&O 1st & ref 4 Ms 2003 ser O—A&O il* 76 54 42 J&J J&J St Louis Div g 3s 1951 Gold 3 Ms 1951 Bid Bonds Ask Bid Bonds Illinois 69 RAILROAD BONDS August, 1940] J&J / 32 -M&N 106 /Price includes accrued interest, 1 k Last sale. 70 RAILROAD NOTICE—All bond prices «r« Quotation* for all securities Bonds Bid Norf Term & Transp 5e '48-F&A Norfork & Western By— 1st con 4s 1996- 115 123 124 Norrist'n & Maine 1st 4s '52 MAS 85 90 Nor Cent 5s 1974 ser A Gen & ref g 4 Ms ser A Northern Ohio By— M&S ^ 1st gtd g 5s 1945A&O / 1st mtge g 5s (stamped cancella¬ tion of guarantee 1945—A&O / Certificates of deposit / Northern Pacific— 57 49"" 66% 1st M 4Mb 1960 53 53 X 2.25 67 M 43 Vs 49% 60% 54 M 54 M 1.75% 2.25 1.75% 43 M 48M 60 M Ref & imp 5s 2047 ser O—J&J Ref & imp 5s 2047 ser D— J&J Eq tr 2%a 1941-1947 M&S b En tr 2Ms 1941-1946 J&J b Nor RR of N J gen 4 Ms 2000. J&J f North Pennsylvania RR— - Gen g 3 N'western N'western Norwich & 63 30 35M Prior lien g 4s Jan 1997 Q&J Gen Hen g 3s Jan 2047 Q&F Ref & imp 4Mb 2047 ser A.j&J Ref & imp 6s 2047 ser B—J&J . Bid Shenango & Lake Erie— Ask 5 O ser 1st 4Mb series D 1977 J&D Port Reading lstgu 5s 1941..J&J 55 (Me) Term Guar 5s 3.25% 2.50% 117 J&J J&D 78 Term Co 5s 1948 _F&A Term RR 5s Apr 1977- 31 17 25 Worcester 4 Mb '47M&S Ogdensburg & Lake Champlain— 1st guar g 4s 1948 J&J Ohio Connecting 4s 1943—M&S Ohio & Little Kanawha 5s '50 M&S Old Colony RR 4s 1938 J&J 1st M 5 Ms 1944 F&A 89 1st 5s 1931 J&J / Ral & Gaston 1st 5s g 1947--J&J / 102"" 5M 6M 108 M 50 3 4M 4 5 3M 1st M 5s 1945 series B J&D 1st M 4Mb 1950series C-.-J&J 5 3 5 Okla City-Ada-Atoka 6s '54-J&J 20 ore RR & Nav cons 4s 1946_ J&D Ore Short Line 1st 5s 1946--J&J 1st cons guar 5s 1946 J&J llOM 110 M 116 117 116M Oregon-Washington RR & Nav— 1st & ref g gu 4s *61 opt--J&J Pac Fruit Express—See Sou Pac— Pac of Mo 1st 105 % 4s 1938--F&A 2d ext 5s gold 1938 J&J ex 76 g 106 M 90 58 M Carondelet Branch— 62 103 M 7 I E F&A 103 M M&N T&A 103 M 20 65 103 M 105 M 101 Ms 105 M J&D J&D 101M Pa & N Y Canal con 5s 1939 A&O Cons 1st extend 5s 1949 A&O Cons mtge 4 Ms 1939 A&O Cons 1st extend 4Ms'49 A&O 52"" 55 48" 51 62 Cons mtge 4s 1939 A&o Cons extend 4s 1949 A&O Penn Ohio & Detroit RR— 1st & ref 4Mb 1977 ser A._A&0 54 46M 49 100 M 101M 100 1st & ref 4 Ms series B 1981 101 Gen Gen Deb Gen M 4s gold 1943 M 4s gold 1948 M&N M&N M&N F&A stamped 1948 M 4Ms gold 1960 g 4Mb 1965 J&D g 58 Dec 1 1968 J&D M 4Mb 1981 ser D—.A&O M 4Mb ser E 1984—J&J 4Mb 1970 109 98 90 A&O M 3 Ms ser O 1970—A&O Oonv deb 3 Ms 1952 A&O 90M 1.00 2.50 2Mb M&N 1911-1949 J&J series G 1940-1950. J&D series H 1941-1952 M&N b Oct 1 1940-1954-. A&O b series K 1941-1955.J&J b East cons 4s 1940. 70 M 66 1st g 4s July 1956 ser B..J&J 1st 4Mb 1980 ser O M&S 57 M 59 59 62 Phila Bait & Washington— 1st gold 4s 1943 M&N Gen 4s April 1 1960 A&O Gen 58 1974 series B T&A Gen M 4Mb 1977 ser C__ J&J Gen 4Ms series D 1981 .J&D Phila & Chester Val 4s 1948. A&O Phila Newton & N Y 3s 1942 A&O 4Msserie8 B 1942 A&O 4 Mb series C 1942 4s series D 1945 M&N M&N 3Ms series E 1949 F&A 4b series F 1953 4s series G 1957-—- J&D M&N 48 series H I960 4Mb series I 1963 4Mb series J 1964 Gen M 5s 1970 ser A- F&A F&A M&N J&D ._A&0 C_ J&J Gen M 5s 1975 ser B Gen M 4Mb 1977 ser Pitts Shawmut & Northern— 1.50% 1.75% 1.75% 80 100 94 35 65 58 % 60 % 55 M 16 60% 20M 9M 9 % 63 X J&J J&J J&J Ref & impt M 3 Ms 2.50 67 M 70 67 H Gen & ref 5s 1980 ser D 67% 67 70 112"" 3% 8% 5M 8 F&A / 8t Paul Union Depot— 1st & re: 5s 1972 J&J Salt Lake City Union Depot and RR 1st, 5s 1938 M&N Salt Lake & Ogden 5s 1934 80 110 110" 115 M 116 107 107 100 116M 16 65 M 66 % Joaquin Val— 100 % 70 X A&O deposit A ctfs of deposit— B ctfs of deposit 1.80 1.80 b b 2.00 M&N b 2.30 125 7M 9 8 11 —■ 2M 2X 4M 3Vs 3M 60 / f 1% 2% 5 4% 4% 4% 61 10M IX 1% 12M 2 Imp M 3 Ms ser A *60 J&D Maryrs Div 1st 4s 1951 F&A 1st & ref 4s June 2008 M&S 1st & ref 5s June 2 2008-.M&S 38 South Bound RR 1st 5s 1941 A&O / South & North Alabama— 88 II* 99 M 101 64 M 61M 107 105 X 99 63" 66 40 102 113 113M a 108 a 108 97 M 98" 34-vear 3 Ms debs 1970...A&O Ref mtge 3 Ms ser A 1980.. J&D 97 M 102 98 102 % Eq tr 2Mb ser E-1941-'52._J&J b 2.00 Union RR (Penn) 1st 5s '46.M&S 113 Deb 6s 1946 M&S 114 Union Terminal Co (Dallas)— 1.50% 96 M 72 1st mtge 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 3 Ms 1951 M&S Vandalia RR 4s 1955 ser A..F&A Series B 1957 M&N Vera Cruz & Pacific RR— 1st mtg g 4Mb 1934 2X 25 Sioux City & Pac 3 Ms 1930—F&A / Somerset Ry 1st & ref 4s '55--J&J 1st M 4s July 2 1950 J&J A&O 84 M 80 35-year 3Ms debs 1971—M&N 70 48 1.65 1st g gu 4s 1942 ser O M&S Toronto Hamilton & Buffalo— 1st gold 48 June 1 1946...J&D Consol M 4Mb 1966 ser A.F&A Transylvania RR 1st 5b 1956. J&J Union Depot (Columbus, Ohio)— Gen 4Mb 1946 .J&J Union Pacific— 1st ry & land gr 4s g 1947--J&J 86 Seacoast RR prior lien 5s '48. A&O Shamoldn Sunbury & Lewisb'g— 2d ext'd 5s 1945 J&J Shrev Bdg & Ter 5s '55 gu—F&A 5s 1963 102 1.50 b b b 1st mtge 4s ser B 1967 J&J Toledo St Louis & Western— 1st gold 4s April 1 1950—A&O Tol Term 1st 4M* '57 gu...M&N Tol Walhoudlng Valley & Ohio— 7M - 119 / / / / } f / f Seaboard & Roanoke 5s 1931. J&J f g 2 Ms ser D <19 40-1952 St 70M 80 1st g 4s May 1 1933.1..M&S / Seaboard-All Florida Ry— cons gu 76 107 trusts— 1st M g 5Ms 1964 M&S Toledo Canada Southern & Det— 1st 4s 1956 J&J Toledo & Ohio Central— 107 1935-J&J / & Leh 1st 4s *48-M&N Scioto Val & N E 1st 4s 1989M&N Seaboard Air Line Ry Co— 1st gold 4s 1950 A&O Gen J&D _ 70 85 1st g 5s Oct 1 1940 A&O San Fran Term 1st 4s 1950--A&O. Santa Fe Prescott & Phoenix— 1st g 58 1942 M&S ser 96 68 ^ 115M San Antonio & Aransas Pass— 1st guar g 4s 1943 J&J 6s 90 93 92 4Mb ser HH 1940 M&S 4Mb ser JJ 1941-1942..A&O 4Msser A1941-1943 F&A 4s ser B 1941-1943 M&N 4 Ms ser 0 1941-1944 J&D m 87 X Toledo Peoria & Western RR— Atlanta-Birmingham Div— 108 Equipment 11 66 M 66 118M 110 100 110M 107 X 105M 1.75% J&D Mortgage 4b Dec 1 1996--J&D 5% secured notes 1931 F&A Receiver ctfs 3-3 Ms '45—F&A 104M 108 % 98 B '74-J&J 115 2d 58 Dec 1 2000 Ann Mar Gen & ref 5s 1977 ser B A&O Gen & ref 5s 1979 ser O..A&0 16" St Paul East Gr Tr 4Mb *47..J&J St Paul & Kansas City Short Line ser 70" 114 110 f g 4s '53 opt *10.J&J Ref & b St Paul & Duluth— 1st consol g 4s 1968 6s s 10 1 64 14 M 9 95 M 107M 92 34M st M 5 Mb 1950 guar F&A Texas City Term 6s 1941 .J&J *26 Texas & New Orl 5s 1943 J&J Texas & Pacific Ry— 1st gold 5s 2000 J&D 29 Equipment trusts— 4Mb series K 1941-1945-J&J Stamped 40 86 33 Tex Pac-Mo Pac Term RR— M&N 2d g inc 4s Nov 1989 1st term & unif 5s 1952 Gen & ref 5s ser A 1990 Adj mtge 5s Oct 1 1949—F&A Ref gold 4s 1959 opt A&O Certificates of deposit 1st & cons 6s 1945 ser A—M&S Certificates of 4M 4 35 65 Terre Haute & Poor 5s 1942.M&S Texarkana & Fort Smith— Southwestern— Savannah & Atlanta 6s 85 6% receivers' ctfs 1929—-F&A Pitts & Shawmut 5s 1959---J&D m 70 1.00% 108 M 99 M 81 !10M 35 2.00% 2.00% ll9"~ Schuylkill 106M 106M 79 108 2.75 114 108 114 114 Gen ref 2.75 107 M 105 100M 105M 108M 82 2.00 109M 19 90 103 1st 115 F&A San Fran & San 1M 37 Tavares & Gulf RR— 4s series CO 1941-1943.M&N 4 Ms series DD 1941-45-A&O 1st guar 4Mb 1941 16 104 extend 3s 1948 M&S Tenn Ala & Georgia 4s 1957 Term RR Assn (St Louis)— 1st consol gold 5s 1944...F&A Equipment trusts— 109 M 102 Phila & Reading RR— See "Readi ng Co. Philippine Ry 1st 4s 1937--.J&J / 4 Certificates of deposit / 2 Piedmont & Northern— 3 Ms 1966 J&D 95 Pitts Bessemer & Lake Erie— Cons gold 5s 1947-..J&J 117M Pitts Cin Chic & St Louis— Con g gu 4Mb ser A 1940-A&O "7 H 108 M 2.10 9 8 7 10 St Louis 70 21M ..A&O 6% 6M 9X 42 2.25 2 25 9 Certificates of deposit stpd_. 70 Equip tr 4Mb 1941-1945..M&N Equip tr 2 Ms 1941-1947. .M&N Equip trust. 2Mb 1941-'46--J&J Berwick RR 5s 1952 6 X St Johns & L Cham 5s 1944 M&S St Jos & Grand Island 4s '47.J&J St Lawr & Adirond 5s 1996--J&J 2d gold 6s 1996 ...A&O St Louis Iron Mt & Sou— BB 1941 68 J&D t J& St Clair Maa & St Louis Belt— Alton Bridge 1st g 4s '51.-J&J St Clair Term RR 5s 1950. .M&S 4 Ms series 46 75 Tampa & Gulf Coast g 5s'53.A&0 / Tampa & Northern RR— 5s (stamped 3s) 1936 J&J / Tampa Union Sta 5s 1940..M&N Tampa Un Term 4-6Ms '53.-J&J 80 98 M 98 M 1.75% 1.75% 6M s% 6 X J&J 1 1989- a % 23 X 75 1.50 Suffolk & Oar con 5s 1952...J&J / Sullivan Co RR 6s 1944 A&O Susquehanna Bloomsburg & % ,?* A* 2.10 70 36" 9 X 9 % 0.50% 2.00% 1.50% 1.50% 2.10 103 M % % 20 X 7 X 2.00 Spok Internat 1st g 5s 1955.J&J Stark Elec RR 1st 7s 1952...J&D Staten Isld Ry 4 Ms 1943 J&D Stephen vi lie Nor & Sou Texas— 1st M guar g 5s 1940 stmp. .J&J Sturgis Goshen & St Louis Ry— 46 Certificates of deposit-. Cons in 4Mb 1978ser A...M&S 90 % 90 % 76 H 2.10 J&J / 1941 II* 71M St Louis Div 1st g 4s 1951 .J&J Spartanburg Union & Columbia— 1st 4s 1995 J&J IO6"M 103 M 110 2d cons inc 4s 1990 Apr 1 Peoria & Pekln Union Ry— 1st g 5 Ms 1974 series A F&A Peoria Ry Ter 4s 1937 gu op. J&J Pere Marquette Ry— 1st g 5s July 1956 ser A..J&J Perktomen RR ext 3 Ms 1951.J&J Phila & Bait Cent 4s 1951..M&N 1949 4 Ms II* 1996.-..J&J 100 M 118M 2.25 2.25 _A&O,/ Certificates of deposit con stamped 1941 1st g 4b 1989 4 Ms series D 1941 Peor & stamped 9 Railway— Aiken Branch 4s 1998 1st Mem Div g 5s 104 26 J&J / J&J / 1.50 4Mb series AA 1940-41-A&O 48 series BB 1941-1943.M&S 1.50% 8 % 10 M 86 M 100M to 98 M 4s series E 2Ms 4s 86 30-yr secured 4s 1941-1964.J&J Equipment trusts— 2 Mb 2 Mb Rutl Can 1st g gu 4s 1949 2.75 4Msseries CO 1940-44.-J&D . 8t Louis-San Francisco Ry— Prior lien 4s 1950 series A_ J&J Certificates of deposit Prior lien 5s 1950 series B.J&J 107 M 113M 113M 117M 103 % 56 69 % 102 X 106 A&O f 1.60 2.00 Develop & gen 6s 1956 A&O Develop & gen 6 Ms 1956. A&O Equipment trusts— 71M 95 J&J 1 1.50 - Riv & Gulf Divs 4s 1933-M&N Certificates of deposit St L Peo & N W 5s 1948 J&J Pennsylvania RR— Con Con 4s Con Gen Gen 11M - Rock Island Ark & Louisiana— 4 Ms 63 « 42 1st guar 4Mb 1934 __M&S/ Rock Island-Frisco Term Ry— 1st M 4Mb 1957 —J&J Rutland 106 — 40 % 54 2.50 1st consol g 5s 1994... J&J Develop & gen M g 4s *56. A&O 68"" 100M Rich & Mecklenb'g 4s 1948-M&N Richmond Term 1st 5s 1952.J&J Rio Gr West 1st 4s 1939 1st coll tr 4s 1949 opt 6% franc bonds (foreign series) red to 1956 ..J&D Pennsylvania Company— 28-year secured 4s 1963 Gu tr ctfs g 4s 1952 Gu tr ctfs g 3Ms 1941 Gu tr ctfs g 3 Ms 1942 Gu tr ctfs g 3Ms 1944 Delaware River Terminal— 1st 5s 1942 M&N Rensselaer & Sara 6s 1941 ..M&N Rio Gr June 1st gu 5s 1939-.J&D / Rio Gr So 1st g 4s 1940 J&J / 1st g 4s guar 1940 J&J / 62 Paducah & 111 1st 4 Ms 1955-J&J Paris-Orleans RR— Paterson Extension 5s 1950-J&D Paulista Ry 1st 7s *42 ser A M&S15 - 40% 40 Vs 52 H Stamped (Fed tax) 1955.J&J 60 Raleigh & 9'port Ry 5s '65—J&D f Reading Belt 1st 4s 1950—M&S 100 Reading Company Jer Cent 4s 1951 opt '06-.A&O 51M Gen & ref 4Mb 1997 ser A..J&J 69 Gen & ref 4 Ms 1997 ser B.J&J 67 Vs Eq 4Mb 1941-1915 (s-a). M&N b 2.00 Philadelphia & Reading RR 99 M Imp M ext g 4s 1947 A&O Extended 4Mb Oct 1 1943. 103 Term 5s g gu May 1 *41 Q&F 102 47 % 2.10 Southern Rich-Washington 4s 1943...J&D 1st extended 4Mb 1938-A&0 St Louis City real est 5s '38 J&J 89"" 60 73% 46 X 40 M 40 Vs Ferries) 1st 5 Ms 1949 A&O / Southern Pacific RR Co.— 1st ref g 4s 1955 opt 1910..J&J 4X 44 72 Pacific Fruit Express— Eq 5s 1941 D (yr) ..A&O b Southern Pacific (Golden Gate Raleigh & Augusta Air Line— 87 3-10s 1953 69 M 42 M seriesN1940-1951"M&N 90 Portland & Rumford Falls— 5s 1951 73 M&N Potomac Val lstgu5sg 1941-J&J 100 Prov Sec deb 4s 1957 1M gu M&N / Prov Ter 1st g 4s gu 1956...M&S 70 / Prov & Wore 1st 4s 1947—A&O 85 Ask 4 Ms series M 1941-1945M&N 2 Ms Aug 1 1940-1954 99 88 M 99 M 4s 1961-J&J gu 1961 Bid Lines) 1977-M&S 40-year 4Mb 1968 M&S 50-year 4Mb 1981 M&N 4 Ms 1969 with warr M&N 10-yr secured 3 Ms 1946. __J&J Equipment trusts— 4M8 series H 1940 -J&D 4Mb series J 19U-1942..J&J 4Mb series L 1941-1944-J&D 54 M 103 M 97 M bonds Issue Southern 111 & Mo Bridge Co— 1st M g 4s 1951 M&N South Indiana 1st g 4s 1951. .F&A Southern Pacific Co— Coll tr 4s (OP) Aug 1 '49..J&D 1st 4 Mb (Ore 55 54 A&O Eq tr 3 Ms Apr 1 1941-1946 |& 4.25 Eq tr 2Mb 1940-1946 3.50 J&D b Pitts Young & Ashtabula 1st gen 4s series A 1948---J&D 103 H 1st M 5s 1962 series B 107 H F&A 1st gen 5s 1974 series C—_ J&D 98 M Portl defaulted Bonds I 1st gold 5s 1940 100 M -.--..A&O Cons 1st g 5s July 1 1943--J&J 109M Pitts Term RR & Coal 5s *42.-J&J 60 / Pitts Va & Char 108 M gu 4s 1943-M&N Pitts & West Va Ry 54 4Mb '58AJ&D 1st M4Ms 1959 ser B 54 A&O 105 and preceding the date of Bonds Pitts 112M '74.M&S BONDS Interest" except where marked "P* and Income for the closing day of Che month Ask ^ -A&9 "and are as near as possible July 1914 Cash coupon off J&J / J&J / & scrip ret No. 5 on Vermont Vail 1st 4 Ms 1940—A&O war 120 i 120 Called for redemption; see page 111. 6 Basis. 1st s f 4~6s 1968. M&S 46 65 47" 12 14" ref & impt 5s 1973 ...M&N Va & Southwest 5s 2003 J&J 1st / This price includes accrued interest. ■ i i i i < ii 108 106 106 i i « t i « i i i i i i i 1M "52 78 100M _____ 79 80 M 98 99 M 100 M 98 80 85 73 A&O Virginian Ry 3Jis A 1966—M&S 108 73 M 55 cons g 5s 1958 59% 108 ) a i i ■ 110M 99 X • t ■ 108 Vicksburg Bridge Co— 100 Vicksburg Shreveport & Pacific— Pr lien 6s *15 ext 5% *40—M&N Gen 5s May 1 1941 M&N 115M 101 JkLastsale. nNominal. r Payable in Canadian funds. X 71 railroad bonds august, 1940] notq—u. m Catawlssa RR 1st —M&N F&A / 1st gold 5s 1939 2d gold 5s 1939 Deb mtge 6s series B 1st lien term gold 4s 1939.J&J 1954. J&J Dot & Ohio ext 1st g 5s '41.J&J Des M Div 1st g 4s 1939- -J&J Toledo & Chic 4s g 1941--M&S Omaha Dir. 1st 3 %s g '41.A&0 / / / / / / Wabash Railway Co— Ref & gen 5%s 1975 A—M&S / J Certificates of deposit Ref & gen 5s 1976 ser B—F&A J Certificates of deposit.—— Ref & gen 4 %s 1978 ser O.A&O Certificates of deposit...— Ref & gen 5s 1980 ser D..A&0 Certificates of deposit..—Warren 1st ref g 3%s 2000—F&A f f f f f Washington Central Ry— 1st 4s Mar 1 1948 Q-Mar Washington Co Ry 1st g *uar 3%s Jan 1954 opt 192 —J&J Washington & Franklin Ry—. 1st extend 4%s 1954 -J&J Wash Term Co—3 He 1945--F&A 1st gold 4s 1945 guar F&A Washington & Vandemere—1st 4%s 1947 F&A West Shore 1st 4s 2361 J&J West Virginia & Pittsburgh-1st g s f 4s 1990A&O - Western Maryland 4s 1952.A&0 1st & ref 5%s 1977 ser A__ J&J Bq tr 4%s B 1940-1941...J&D Eq tr 2Ha 1940-1946 J&D Eq tr 2s G 1940-1949 West N Y & Penna 4s 1943. A&O Western Pacific RR Corp— 1st M 5b 1946 series A....M&S Assented 5s 1946... Equipment trust 5s 1943 Western Ry of Ala 4 %• *58--A&O 39% 13% - - - - 21 43 10 35% 7% Lake Brie RR— 1st consol gold 4s 1949... M&S Eq tr 2%s F Nov 15 '40-'49-_W heeling Term 4s 1940 F&A White & Black River Valley— 1st 5s 1980 J&J _ Willamette val Southern Ry¬ es 1939 F&A f Wilm & Newborn 4s 1947—-F&A RAILROAD 27 35 38 16 5 5% 4% 6 5 5% 4% 7 5 5% 10 5 31% Chestnut Hill 6% old preferred 100 Chicago Great Western— 37 65 New 50 1— common w 100 106 % 109% 110 60 84% .-20 ]00 Cin Union Term 5% pref. ...100 Clearfield & Mahoning (gu)___50 Cleve Cine Chicago & Btlx>uls—Common (guar)— —100 5% non-cum pref (gu)—-—100 Cleve & Pitts (gu Pa RR) 7 % -50 Special guar 4%-—— -50 Colorado & Southern —100 4% 1st non-cum preferred—xOO 2.00 2.10 107% 108 12% 11% 18% 3.00 2.00% 14 Common Preferred. ..... 4% 2d non-cum preferred—100 Concord & Portsmouth (gu)_.100 90 113% 1.85 Conn & Passumpsic 1.25% 100 pref (gu)-100 Consol Rys of Cuba 6% pref-100 Cuba RR 6% non-cum pref..100 50 Dayton & Mich com (guar) 15 10 Preferred (guar)-.-.-—----50 Delaware & Bound Br (guar).100 Delaware & Hudson Co 100. Delaware Lack & Western— 50) 30 20 103% Delaware (guar ---25 Penn) Denv & Rio Gr West 6% 13 12% 30 76" 65 Preferred Erie (guar)--- ,50 100 common.. „ 24 8 8, _ 8% .... 22 4 % non-cum 1 st preferred _. 100 4% non-cum 2d preferred-.100 Erie & Kalamazoo (guar) 50 Erie & Pitts (guar Pa RR)... 50 European & North Am (guar) 100 Fort St Union Depot (guar)..100 Ft Wavne & Tack pref (guar). 100 Genesee & Wyoming 100 Georgia RR & Bank Co (gu)-100 Georgia Sou & Fla common—100 1st preferred-100 2d preferred 100 Goshen & Deckertown (guar).. 10 Great Northern Ry— STOCKS 50 50 Alabama & Vlcksburg (gu) ...100 Albany & Susquehanna (gu)._100 Albany & Vermont (guar) 100 Alleghany Corp common 5H% pref (with $30 warr).100 5% % pref (without warr)—100 2 % % prior conv pref —* Allegheny & West (6% guar).100 Atchison & Eastern Bridge.—100 Atchison Topeka & Santa Fe.100 5% non-cum pref. ..100 Atlanta Birm & Coast pf (gu)-100 Atlan & Char Air L (guar)—100 Atlanta & West Point 100 Atlantic Coast L Co of Conn. .50 Atlantic Coast L RR com 100 Augusta & Savannah (guar)..100 Avon Gen & Mt Morris (gu).100 Bait & Cumberland 7 % gu—-50 Baltimore & Ohio common—100 4% non-cum pref 100 Bangor & Aroostook com 50 5% conv preferred100 Beecn Creek (guar N Y O)—50 Belgian National Rys Co— A1 Great Southern com Preferred 71 69 ctfs Preferred (capital stock.. 86 74 82 70 112 120 43 48 % 9% 7% 14% Green Bay & Western Greene (guar DL & W)—.—100 Gulf Mobile & Northern com. 100 9% 8% Hartford & Conn Western—. 100 Illinois Central 100 Non-cum 6% pref series Leased lines (guar) 45 15% 5 58 126 63 136 16 19 IV preferred.. 100 Joliet & Chicago (guar)... 100 Ka J Allegan & Gr Rap (gu)—100 K O St L & Chic—Pref (gu) 100 14% 12% 7 69 64 A..100 ..100 Stk tr ctfs—See RR Secure Co Internat Rys (Cent Am) com .* 47 13% 100 6% preferred..... 70 15% ..* * -10C Iron Ore Prop trust Kansas City Southern new..:—* 4% non-cum preferred. 100 Kansas Okla & Gulf pref A 100 Lackawanna RR of N J (gu)—100 Lake Superior & Ishpeming 100 4 Lehigh Valley 50 5 3% 4% 8% 38% Preferred 32 Lexington Union Station— Preferred (guar) Little Miami original guar .100 50 Spec gu«r betterment stk Lit Schuvl Nav RR & Ooal(gu) . r._. 1st nref 4 K % class 83" 50 1% 100 100 100 100 100 2% 2% 2% 2% 3 Louisville & Nashville 3% Lykens Valley RR & Coal (gu).20 - - - - • 1 - - - 2 8% Stamped- 1st pref 8% class B. 100 100 100 100 100 100 100 100 100 .25 1% 1% 2% 2% 2% 2% 1 1% 10 2% 2% 4% • - - - 1% 1 % "i % 90 78 }&* 105 115 125 59 63 78% 80 49 47 11% d* Mo-Kan-Texas RR .... Mississippi Central * com 7% preferred series A 100 100 50 30 59 64 45 50 64 70 1 1% 1% 1% 1% 1 45 63% 67% 80 55 58 61 90 152" 145 1 3 3 6 1 4 3 6 14% 24 35 48 1% ■'V 7% 13% 39 2% & 95 "1% 13% 7% IV sV 4% 13 4% HX 65 75 40% 42% 175 185 1% 96 100 50 35 80 20 _ 56" 17 4% "6" 16 19 40 50 60 « — —. - — 800 600 3% *. - 36 34 35 38 100 ....100 100 % 2 % 2% % % 2% % % Missouri Pacific 37% 3% 5% conv preferred Mobile & Birmingham— 90% 95 4% non-cum pref (guar).—100 Mobile & Ohio—See Southern Ry 46 3 a 1 1 33 % 26% 48 9 23 20% 1% 20% 2 100 2 3 9 ,7% 17 H . " 18 30 27y 13 45 100 5% non-cum preferred 100 Saratoga & Schenectady (gu)-100 Schuylkill Valley Nav & RR(gu)50 Seaboard Air Line common .♦ 4-2% non-cum preferred 100 Shamokin Vail & Pottsv feu)—50 Sharon (guar Erie) 60 Southern Pacific Co new Southern Ry common 95 145% 171% 59% 10% 176 59 j 113 151% 43 • 18 48 IV* 77 82 3% 12% 4 13 21% 18% 25% 57 70 20 28 42" 36 1 % 45 40 12 16 35 136 130 66 % % a 3% 4% 4 87 37" 35 % 55 29 100 ctfs (gu) .100 8% 11% 18% 31% 11% 19% 33% (guar)...100 22 25 * 100 5% non-cum preferred Stony Brook (guar). 100 50 100 Sussex (guar D L & W)_ 8% 75 7 130 120 ♦ 4 6 100 78 82 100 "toy & Bennington (guar) 100 Toy & Cohoes 50 Troy & Gr'bush (gu N Y C) 60 Tunnel RR of St Louis (guar).100 Union Pacific common —100 4% non-cum preferred 100 Untted N J RR & Canal (gu).100 Utlca Chen & Susq Val feu).100 Utica Clinton & Bingham feu) 100 Preferred (guar) 100 Valley RR (N Y) (guar) 100 Vermont & Mass (guar) 100 Vicksb Shrevep & Pac (guar). 100 5% non-cum pref (guar)...100 Virginian Ry— 6 Preferred.. Texas & Pacific Ry 25 common 500 38" 41 _. 2 75 47% 70 34 15 25 43 83 - Tennessee 18 30c 114" 50 Syracuse Bing & N Y (gu) Central. 59 ~ n* 11c 265 7 % pref (guar Pa RR) 100 Pittsburgh & Lake Erie 50 Pittsburgh & West Virginia—. 100 Pitts Youngstown & Ashtabula— Preferred (guar) 100 Pittsfield & No Adams (guar). 100 Portland & Ogdensburg (guar) 100 Prov & Worcester (guar)... 100 Railroad Securities Co— t4% 111 Cent stk ctf 1952—1000 Reading Co 50 4% non-cum 1st pref 50 4% non-cum 2d pref 50 Rensselaer & Saratoga (guar). 100 Roch & Genesee Val RR feu) .100 Rome & Clinton (guar) 100 Rutland RR 7% pref 100 Rutland & Whitehall (guar)—100 St Joseph South Bend & Sou— Common (guar) 100 Preferred (guar) 100 St Louis Bridge 1st pref (gu)--100 2d preferred (guar) .100 St Louis-San Francisco Ry 100 6% non-cum preferred ..100 Mob & Ohio stk tr Southwestern of Ga AH 87 20 50 St Louis Southwestern 14% 23% 28% 76 % 82 38 4?* 20 87% _6% * Pitts Cin Chic & St Louis (gu).100 Pitts Ft W & Chic com feu)..100 V 75" 86% -JkH 72 111 12" 45 112% 255 Pgh Bess & Lake Erie (guar) Preferred (guar) 2H 35 com 100 Piedmont & Northern. Minneapolis St P & S S M— 4% leased line ctfs Peterborough (guar) 214 72 Northern Cent (guar Pa RR). 50 Northern Pacific Ry 100 Northern RR of N H (guar)..100 Northern RR of N J (guar) 100 Phila Germ & Norris (guar).. 50 Phila & Trenton (gu Pa RR).100 % 42 207^ \l°oH No Carolina (guar Sou RR)..100 North Pennsylvania (guar) 50 37 50 Mill Creek & Mlnehill Nav (gu)25 Mine Hill & Schuyl Hav(gu)—50 t Quotations represent dollars per $100 face amount. nNominal, x Ex-dividend 1% 60 V -100 100 Norfolk & Western Ry ...100 Adjust 4% non-cum pref 100 - 88 86 140 30 i; Last sale, 3% 3% 1% 475 100 7% conv preferred N Y Ontario & Western.. Paterson & 81" *V 50 5% preferred ————.100 6% prior preferred 100 Massawippi Valley (guar) 100 Michigan Central (guar). 100 Midland Valley 5% pref 50 100 107 52% % 100 Ramapo (guar). 50 Pemigewasset Valley (guar).. 100 Pennsylvania RR 50 Pennroad Corp com J 1 Peoria & Bureau Val (guar).. 100 Peoria & Eastern ...100 Pere Marquette Ry com.....100 5% preferred 100 5% prior preferred.. 100 1% 12% 13% 25% 25 106 106 Passaic & Del Exten (guar)..100 Paterson & Hudson River feu).50 3 V 2V 76 V* 100 50 60 N Y & Harlem 78" 13 % % Norwich & Worcester pf (gu) .100 Ogden Mine RR (gu On N J)_100 Old Colony (gu NVNH&H)..100 Certificates of deposit Ontario & Quebec (guar) 81 .100 Oswego & Syrac (gu D L & W) 50 Passaic & Delaware (guar) 50 39 Montgomery & Erie (guar) 10 Morris & Essex (guar)....... 50 •No par value, % % 36 100 accrued interest. % . » 100 .25 3 % 6% preferred series A com (gu) 10% non-cum pref (gu) N Y Lack & West (guar) N Y New Haven & Hartf 1 50 Pref (guar N Y Central) M ilne Central 2 14 10 100 Mahoning Coal RR. . % V 55 15 1% 8 12 1% 32 §1" 100 100 New Orleans Great Northern.100 New York Central RR * N Y Chic & St Louis com 100 2 50 Louisville Henderson & St Louis— Preferred (guar) 100 Louis & Mo Riv pref (guar) -.100 100 100 Unstamped— 1st pref 5% class A. 1st pref 8 % class B. 1st pref 7% class O. 1st pref 10% class E 74 36 13% 20 50 8% 12% (gu)—100 33 % % 44 43 40 New London Northern Detroit Hillsdale and 100 -100 5 % non-cum preferred.. .. 100 Detroit Manufacturers (guar) 100, Dover & Rockaway (guar)—100 East Mahanoy (guar) 50 East Pennsylvania(guar)..—50 Elmira & W'msport (guar)— 50 42 56 53 pref-100 Southwestern (guar) Detroit & Mackinac Ry 78 25 25 Original (guar L & N) Unstamped (guar L & N) 98 90 100 58 33 100 (guar).. Ask Nashville & Decatur— Nashv Chatt & St Louis -.100 Newark & Bloomfleld (guar)—60 38% J 00 83% 94 "4% 38 ——* Preferred (guar)—----=---100 Cin New Orl & Texas Pacific— 1.00% 1.50% 1.65% ,4% 5% non-cum preferred 100 Chicago & North Western.... 100 7% non-cum preferred -100 Chic R I & Pacific common... 100 48% 89 1.50 Nashua & Lowell 3% % %e % 7% preferred preferred. Cincinnati Inter-Terminal— 48 3 15 2% 6% 56 14 New 5% preferred wi -50 4% preferred old- - - —----Chicago Ind'polis & Louisville 100 4% non-cum preferred.-100 Chic Mllw St Paul & Pacific— Common 47 46 95 . Bid 4% Wilmington & Nor 4 %s '77.. J&D 97 Wilmington Ry Bdge 5s '43. A&O Winston-Salem Southbound— 110% 1st gold guar 4s I960...—J&J Winston-Salem Terminal Co— 107 1st s f guar 3%s 1970 M&S Wisconsin Central Ry— 21 1st gen g 4s 1949......... J&J 16% Certificates of deposit..... 6 1st & ref 4s 1959 -A&O 7 Sup& Dul Div4s 1936...M&N 5% Certificates of deposit Marshfield & S'easteru div 4p 31 1951 .M&N Worcester & Conn Eastern Ry— 3 1st gold 4«s 1943...-——J&J 18 Yoseralts Valt s f g 5* 1936—J&J f _ Par Morris & Essex Exten (guar). 100 Mt Carbon & Pfc Carbon (gu)..50 - _ ...J&D 58 1942 1st guar g M&N Stocks 38 2d preferred (quart. . - -—. -50 Cayuga & Susq Tgu 1) L & W)-30 Central of New Jersey. — --100 28" Chattahoochee & Gulf (guar). 100 44% Chesapeake Corp— -* 10% Chesapeake & Ohio common.. .25 39% Preferred series A. 100 5 . 1st g gu 4 %s 1941 opt WUkes-Barre & Eastern— Ask 35 41% 14% « Wichita Falls & Southern— 1st 5s extended 1948 J&J Wichita Union Terminal Ry— Bid (guar) -50 Chicago Burl & Qulncy— 100 Chicago & Eastern Illinois— 5% New common w 1 -* 7 New preferred w I -40 • „ Wheeling Par pref (guar)—50 Stocks Ask Bid Bond* and Stocks Wabash Railroad Go— 6% preferred ... 25 Ry— 100 5% non-cum preferred A 100 Ware River (guar).. .100 Warren N J (guar D L & W)__50 Wabash West Jersey & Seashore (gu) 50 Western Maryland Ry com..100 1st preferred—.100 4% non-cum 2d pref ...100 Western Pacific RR Corp— 8% non-cum preferred ..100 Wheeling & Lake Erie Ry 100 4% prior lien—.... .100 — ... 6%% cum preferred 100 Wilton (guar Boston & Me)..100 o 72 X* 80 20 48" 44 130 136 83 79 85 80 244 240 47 50 12 8 28 59 85 56 62 33 §6" 67" 42 39 328 58* 24 33% i* 27" 55 57 47* 53 4% 6 3% % %» 69 75 90 97 97% 25 50 6 27 Called for redemption, see page 111. a Basis. /This price includes marked "f' NOTICE—All bond prices are "and interest" except where Quotations for all securities are as near as possible for the closing Stocks and Bonds Ask Bid Par Per 5% Adams Express com Ooll trust 4s 1948----—M&S „ 98 Stocks and Bonds 5% 99% 4%s stamped 1946 F&A 105 % 10.14 8.33 10.79 9.05 2.44 2.67 --* conv deb 4s Sec cony deb 4%s 99 % 1949—J&J AA 102 101 J&J 1949 Sec 100% * 1% 16 X 21 Investors Inc -— Credit Service deb 6s ♦8% preferred ♦Crum & Forster Insursh B 1% 12 X 98% Class B 10c - * -* div li* 25 S3 preferred $5.50 prior pref Amer Cities Pr & Lt cl A Class A opt IX 28 32 pref.* 1 J* American European Secur .. * Ooll tr s f 5s 1958ser A...-J&J 102$ __M&N 3.07 1 % 18$ 69 1% 35 5.97 Amer Insuranstocks Corp American Investment (111) 3 1% 6% w w 27 ... Empire Power Corp partic stk-* 32 89 453% 5* 18% 51% 8% 104 1 1 1 100 36 5 13.25 50 17.43 10.03 10.77 58 5 62 25 18% 51% 9% 106 1% % 40 14.25 1956 conv & Securities A common. 16.85 17 1953 common 5 Preferred Sec 6s x-w 1947 __10 M&S 20.23 21.87 2.44 93 20 22 8% preferred.. 8.32 National Aviation com 13 National Bond & Invest 3.55 5% preferred ser A w Nat Bond & Share Corp Class A 2 4.28 Class B * 3.89 Investors—* 4% American 95 -* 1952 F&A Corp _* Gen Finance conv deb 5s *51.J&D General Investment Corp 1 $6 preferred * $6 preferred Deb 5s Feb 1 General "4% 102 104% 105 25.30 Capital General Investors Trust. General Public Service Corp 5.02 27.20 97 100 % 52% 57*' * 100 * 16 17% 58 62 5% (Colo) ser B shares (Md) voting tr shares New England Fund New York Stocks. Inc.— Agricultural * 3.24 ... Automobile 1 1.02 1.16 1 10.28 11.08 62 7.81 stocks 4.65 8.67 6.72 7.28 9.80 7.26 9.06 ...... Metals, 5.06 5.49 5.86 6.36 102% 103% * 30 Goodall Securities Gotham Credit class B ♦ .5 Great Britain & Canada Invest¬ % Burco, Inc common.—$3 conv preferred 12% % 12 ment Corp 4%s 1959.--.A&O Group Securities, Inc.— Agricultural Shares 40% 38 Niagara Share Corp (Md)— Conv deb 5%s 1950 M&N 45 5 Class B common ~r% 4.42 4.82 Automobile Shares 3.74 JX Chemical Shares 5.93 6.45 36% 43% 37% 7.69 * 40 45 Electric Equipment Shares Food Shares 3.81 8.36 4.16 100 Carriers & General Corp 1 Deb 5s with warr 1950..M&N Cent Invest Corp 5-6s *67.-A&O ♦Central Nat Corp class A_.__* ♦Class B _» Central States Electric Corp 1 70 75 Investing Shares Merchandising Shares.... Mining Shares 2.52 2 76 Oils & Industries com 4.68 5.10 4.66 5.08 Preferred Oilstocks Ltd 7% preferred. 0% cum 4* 100 100 100 100 Conv preferred Conv pref series of 1929 preferred... Century Shares-Trust Tobacco Shares „ 13/£ 23.01 Chain Store Investors Trust * 15.74 Chartered Investors common $5 preferred., Chemical Fund Christiana Securities com Preferred 1 4 _* 135 Preferred .100 Cleve Securities 4~6a to 1943.J&J Collateral Bankers Inc— 7s series A & B 1950 Q-F Q-M Q-J Q-F Q-M Q-J 6s series AA 1953 6s series AB 1948 6s series AC 1952 Collateral Loan Commercial Banking %« $6 1st preferred —* $3 2nd preferred --.* Debenture 5s series A 1948-M&S 5 1% 24.74 16.75 5 10.02 2660 ,140 Heller (W E) common— Preferred w w 5% preferred 100 Holding Corp 1 Illuminating & Power Securities— ♦Huron Incorporated 50% 101 104 101 104 1 Industrial Finance vtc .--100 Preferred Industrial Securities 104 Corp 25 Bank Group 12 30 Insull Utility Invest— Deb g 6s 1940 B with war.. J&J / Insuranshares Co of Delaware-.1 99 99% Insuranshares 36% 37 International conv preferred • Commonwealths Distrib'n Inc-.l Commonwealth Investment 1 102 Insurance Group Shares..... 1% 1% Preferred 1 Consolidated Invest Trust com.l Consumers Credit Serv 6s 1962 13% It* Continental Securs 5s 1942 M&N f 35 Continental Shares common ♦6% preferred Corp Securs 5% ctfe ♦ n —.100 1935..M&S1/ International Utilities class A 3.36 95 40c 55c 14% 26 36 95 105 14.03 1.94 2.17 X 1% l2 3/ 72 /A 9% 10% 1% _ 1.29 80c value, a "6% 5% % * 8 % 9% 23% 19090* II* 8.75 of Amer.... % 5% Called for redemption; 27% I' 30 18% 40 1 1 --5 43 2% 2% 10 Old Colony Invest Trust Debenture 4 %s Feb 1 Com..* 1947— Debenture 4%s Dec 15 1952 Old Colony Trust Assoc * Overseas Securities Co * Deb 5s April 1 1948 A&O Pacific Eastern Corp 1 Pacific Finance Corp (Calif)—10 Pacific Southern Invest pref * 98 1 % 2% 6% 3% 3% 100 97 15% 1% 16% 80 85 4 2% 10% 4% 10% 24 26 —--* * 3% % 4% 5 —* $3 conv pref class A ...—10 Plymouth Fund Inc -10c Provident Loan Society 6% ctfe.. Prudentia' Investors.... * $6 prefers! * Putnam (Geo) Fund 1 Quarterly Income Shares..—10c 5% deb series A 1942 M&N Railroad Employees' Corp— Class A common * 6% 8% 6% 8% 30 .34 110 .39 113 Class B Petroleum Corp of Phoenix Sec Corp PffiffilTBd «• Railway & Light Amer 6 Conv coll 4 % s ser' '11" 12.26 6.50 98 104 13.11 7.30 9 * %>% -100 I i9o£* com - '55 A&O Railway & Util Invest A 1 3 % % preferred. ----- * Representative Trust Shares—10 Republic Investors Fund —- - -1 Conv 4%s ser A 1950...-F&A Reynolds Invest 5s 1948----A&O 4* --* Royalties Management A ♦Schoellkopf Hutton and Pomeroy Inc common 10c Scudder, Stevens & Clark Fund.* 6 8.76 9.26 3.03 3.41 98 50 55"" "6 10* 35c** 1 $6 preferred. Rossia International Corp. 31 101 10 Common stock..... % 6% 101X « Securities Preferred 3 . 16% % 1% 5% — Oklahoma Carey Trust Oklahoma Southern Trust. 1 % % 5% % 2.42 2.05 100 * Common 1.05 %l Investors Fund of Amer Series Qj * No par 8 1.17 15.75 Investment Co 4%s 1949.F&A Class A 13.05 .10 8% Quotations not furnished by sponsor or issuer. r Canadian price, x Ex-dividend. Nominal, 30c * Class B $1.75 preferred $3.50 prior preferred Interstate Bond Co— 4%scoll tr AAA 1941-43—A&O 5s coll tr BBB 1944-51 A&O 4s coll tr OCO 1939-42-- M&N Invest Bond & Share 5sjA 47. J&D 27 3c 8% % (Md) ctfe Inc—1 Holdings & Inv____ Internat Securities 7% pref.—-.1 103 3.09 Commonwealth Loan 5% pref 100 Commonwealth Secure common _1 . Ohio Finance Co. 104% 10c 2.47 1 ---1 1958--.-- 58 57% 102% .95 shares 14 $4.25 25 Institutional Securities Ltd— 10 • 27 100 12 ..100 20 .y6 10 4%% conv preferred 9% 12% 7% preferred 20 Commercial Credit common...10 Commercial Invest Trust 32 20 25 6% preferred 1 preferred 1 7% Inland Investors---------—'..* _1 $1.20 1% 30% 100 100 sp 25 25 * 1st preferred 100 Investors ...5 Independence Trust Shares.....* Independence Fund of N A.....5 44% 101 , 2 Preferred x-w Household Finance com 100 common. 4.93 Guardian Investors com.......1 105 7s series C 1959 7s series D 1956 5.13 5% 70 9.26 2630 100 100 City Investing Co 3.56 4.52 ....— 3.89 3.26 4.71 Equip Shares Steel Shares l» ♦ 1 100 Railroad 3.56 Shares Petroleum 1.92 1 Building Shares 7.48 4.64 8.14 54 8.06 96 93 * 1953 4% 95 45% North American Invest Corp— Collateral 4s 1951 J&D North American Trust Shares— 4.08 Aviation Shares 85* Class A preferred.. 100 North American Bond Trust Ctfe 52 2 6.36 2.67 2.46 14 23"" 7.86 6.27 Railroad 45 23 1 5.78 .............. Railroad equipment Steel stocks.. 10 11% 20 5.04 8.01 66 41 93 10.71 8.45 5.86 * 2% 4.63 9.91 Oils Gleneagles Invest 5s June 15 1944 Globe Indus Loan 6s 1955—J&J 94 6.82 4.27 ......... Machinery % 14% % 20 2% 6.29 ......... ..... Aviation 6 25c Building supplies 99 % 13% % I 92 5.62 Electrical equipment Insurance 98 5 10 15 1957..Q-Jan 1 31 Broad St. Invest Co Inc 1 11 94 5.22 4i 28% Bullock Fund Ltd Capital Administration cl A $3 cum pref series A Carey Trust of NY Original.. 10* 84* ..5 com w 9.79 2I* 1 German Credit & Investment— 3.25 7s 2 22 Chemical * * Conv deb 5s 1953 J&J Gen'l Realty & Utilities com 1 $6 preferred * Gen Shareholdings Corp com—1 _6 conv pref ww * $6 preferred 1st pref Loan 1 25 National Investors Corp Nat Trust Shares Reraodifled Nation Wide Securities— Bank 4ifr 1 Indus 8.96 10 Mutual System com Brooklyn National Corp 53 90 (N Y) .10 Morris Plan Indus Bank Nat 1% % 4% 7% 1 25c wi 3.31 44 27% 41 M&N 2.20 15.89 3% 26% * 2.98 40 2 33 Corp (Mo)— Mutual Investment Fund 14.62 8.99 32 1 3s 18.82 1 50 Partic preferred New 6.19 7.13 4% 4.70 Manufacturers— Monroe Loan Society class A Morris Plan old common 5.59 6.46 4% 3.60 17.50 8.36 partic preferred Merchants 3% 5 Mass Investors Second Fund Inc. Mass Utilities Associates vtc 1 5% 15% 20% 3 10c Corp Maryland Fund Inc 10c Massachusetts Investors Trust ,_1 10c Fixed Trust Shares series A—10 Pref allot ctf 25% "".29 Canadian Pow & Pap Invest Ltd— Deb 58 series A 1958 F&A 19% 20' 15.65 40 30.50 73.80 Midland Invest Warrants .14 10% Corporation 1 6 19% % Liquidating Shares Loomis-Sayles Second Fund___l0 Loomis-Sayles Mutual Fund * 77% 19 „_25 5.97 Manhattan Bond Fund Inc 16.23 1 5 Canadian Internat Inv Trust 6s series A 1959 A&O Canadian Invest. Fund, Ltd___l 3.40 1 10 Lawyers Mtge Inv (Boston)— 1st 5 %s series B 1945 M&S 25.12 13 3.27 » Investors A... 5 12 $2.50 prior preferred * Beneficial Loan Society com * 6% profit share deb 1956.-Q-J Boston Investment Co 6^ 4% 4 1 5% preferred Bankers Securities Corp com..50 6% preferred —.50 Basic Industry Shares 10 preferred 46% 3% ♦Bankers Nat Investing A 3.01 5.42 Fund Warr Trust Marine Midland 76 General "7% 5 50 Boston Fund Inc 4% 34% 90% 12% - Blue Ridge Corp common 17 23.: Fundamental Investors Inc 2 Fundamental Trust Shares Inc— ♦Blair & Co 16 .... ♦ $6 preferred Fulton Indus Sec units Beneficial Industrial Loan 17% Equitable Invest Tr (Mass)... .6 Equity Corp common ]0c $3 conv preferred 1 30 Atlas Corporation common 16% 21% 5 30 * British Type $7 preferred series A $6 preferred series B—... ♦ Eas util Invest Deb5s1954 M&S 15 / Eaton & Howard Management Fund A-l —--1 Series F 1 Economic Inv Tr Ltd 5sA'57M&N 27 100 Atlantic Secur 4%s A 1953 .A&O conv * ♦ 27 5% preferred 8.44 Foreign Power Secur 6s *49 J&D Foundation Trust Shares ser A—1 27% 3% 12.41 7.61 Lehman "3% 2% 5 M&N Associates Investment Co 6% preferred Option warrants. 60 J&J M&N 2 30% Dominion-Scottish Invests Ltd— Eastern Equities Corp Eastern States Corp com Insurance stock series 1 1956 28 ♦ 17 49 Income deb 4s 1961 8.87 11.25 ... Series S-4 23 % 15.01 8.02 Lark ins 23 47% 7.05 13.69 Knickerbocker Family Loan Society common..* $1.50 preferred series A _* 81.50 preferred series B * 36 Fidelity Fund. Inc— * .28 ♦First Boston Corp —.10 5 33% First Mutual Trust Fund 993% Fiscal Fund, Inc.— Bank stock series 10c 3% t c— * Associated Stand. Oil Shs $3 6.59 50 com v 14.02 6.41 Serf 08 K-2 Series S-2 - — 40 38 * Associated Gen Util Inc deb 5s 98 1 preferred conv 31 .24 — $2 preference 5% 28 — 22.12 12.72 Series K-l 16.49 20.17 ... 1.10 pref 28.44 Series B-3 Series B-4 5~. 80 27 26 — 32"" .99 3 10c 1 $2% preferred 1 53 preferred. 1 Amer General Equities Ins—25c Amer International Corp * Conv 5%s 1949 J&J 52 preferred Finance 38 25.98 .... Series 8-3 32 American General Corp Series B-l__ Series B-2 115 2.62 *A Deb 6s 1963 (ex-warrants 4.21 15.25 1.35 22' 2 Keystone Custodian Fund— 5.15 Empire Capital Corp A 102% 6s series B 1958 Amer Foreign Investing 36 share 22 3.15 1st coll 4s series A 1952 29% "J 1 Amer Discount Co of Ga $2 Amer Elec Sec partic pref 14% 30 25 ser w w Class B 29% 110% 10 18* 25 25 Superpower Corp A com.* J&J Italian 8% 29 115 100 preferred Ask 25 —— Domestic 6 2.78 Shares.———-1 Capital Corp A 10c 2.42 27 Deposited Bank Shs N Y ser A 1 Deposited Insur Shs ser A—1 Diversified Trustee Shares— C shares -—1 D shares 2.50 Dividend Shares 25c 101 5% Amer Business Amer 5 3 cum Bid 1 ; common Preferred jy* -.10 100 Royalty Preferred Investors Trust — 28 25 n 2.42 ♦Crum & Forster Inc com ♦7% 31 30 n w w Investors 2.05 1 1 *48. Q-F Par Per 2.05 Cumulative Trust Shares..—.—* Delaware Fund -.--1 % S3 convertible preferred-. * ♦Amerex Holding Corp -Amer British & Cont 5s '53 F&A Amer Business Credit A———1 "* (modified) AGO (modified) 2 Convertible preferred * Warrants Aldred Invest Trust (Mass)— Deb 4%s with com shs 1967--Aldred Investment Corp (Can)— Deb 4%s with com shs 1968—. Alliance Investment com———* Allied Int Investing Corp— Air 1 —1 AA 98 % Stocks and Bonds share 2.08 Corporate Trust shares old ser—1 Accumulative series.... J&D Aeronautical Securities--—---1 Affiliated Fund com.— 1.26 Ask Per Ooll trust 4s 1947 Administered Fund Inc Bid Par share and-Income and defaulted bonds day of the month preceding the date of issue 20c* % 77.23 1 78.79 17.05 9.33 see page Continued on page 84 111. e Ex-coupons. / Flat price, k Last sale, Public NOTICE—All bond prices are "and 1st & ref 4Mb J&D All America A&O Alliance Pub Ser(Ohio)5s '57 M&S Altoona & Logau Val Elec Ry— 1st coll 4s Jan 1 1954 J&J 106 103 M 42 70 32 6 23 26"" 49 49 M 4 J&D M&S 48 M A&O TelegM&N 95 10M 106 Me 25-year deb 3 M« 1961 A&O 30-year deb 3 Ms 1966 J&D Amer Util Service 6s 1964--M&N 108 M 108 X 86 J&D 101 99 M 33 Brandenburg 59 108 X 107 127 5s Jan 1 4 Ms 94 M 100 102 X 106 102X 106 X 98 102 104 51 J&J 1961 5ix 58 56M Associated Gas & Elec Co— Conv deb 5 Ms 1977 Conv deb 5s 1965 Conv deb 5s 1950 Conv deb 4 Ms 1949 Conv deb 4 Ms 1948 Cons ref deb 5s 1968 8f inc deb 4M-51 8 f inc deb 5-6s 1 F&A / .M&N f F&A / J&J / M&S / A&O f f / / / 1/ / If / f Scrip 48 1941 Scrip 4s 1942 5s Conv deb 1973 Ms 1973 4s 12 M 12 M 15 X 15M 15 X 12 M 12 12M 12 M 1M 1M 1M 2 4 2 2 1973 Income deb 4 Ms 1978 Income deb 4s 1978 Income deb 3 Ms Income deb 3 Ms 3 57 62 1978 1978 M&S f F&A / J&D f J&D / __M&S / F&A 1 A&O f M&N f M&S f J&D 100 102 102 M r Co— M&N Associated Telephone Utilities— 103 M 65 X M&S f Certificates of deposit f Conv deb 5s series B 1942-A&O / Certificates of deposit / Conv deb 5Ms 1944 ser C-M&N / Certificates of deposit f 2-yr 6% notes 1933 A&O / Certificates of deposit f Athens (Ga) Ry & Electric— 1st & ref s f g 5s 1950 J&J Atlanta Gas L 5s g 1947 J&D Gen mtge 4Ms 1955--.--M&S Atlanta Nor Ry—See Ga Ry & El Atlanta Wat El & Pr 5s 1943 J&J Atlantic City Electric— Gen mtge 3 Ms 1964 J&J Atlantic City Gas 5s 1960 J&J 1st lien & ref 5s 1957 J&J Deb 6s series A 1941 4s 1947 4s 1948 72 Cent Indiana Gas 100 78 H 109 108 104 M 107 a 106 M 105M Central Ohio Lt & Power— 1st mtge 4s ser C 1964 a 105 Cent Pow 1st 5s 1957. ser a 104 M a 103M a 103 M 103 M a a a 6sA'56 J&D 106 104 106 X 92 M N 107 M 94 90 M 107 106 X 106 103 X 101M F&A D.J&J 102 M 100 99 Aug 15 1940 1Mb Feb 15 1941 1Mb Aug 15 1941 2s Feb 15 1942. 2s Aug 15 1942 100 54 23 105 X 1 Ms 99 100 99 M ... 104 90 % 90M 102 91M Aug 15 1943 Feb 15 1944 Aug 15 1944 Feb 15 1945 Aug 15 1945 99 98 M 3s 3s 48"" 47 M 99 2Mb 2Mb 2Ms 2Mb 2 Ms 100 102 M Feb 15 1943. Feb 15 1946 99 2s 54 M M 98 M 98 98 Aug 15 1946 Central Public Service Corp— 100 54 M 112 F&A / Cent Public Util.(ws)inc5MB-1952 f Central States Edison, Inc— 106M 94 M 113M 106 M 95 X Central States Elec Corp— Conv deb 5s 1948 111M lllM 2X 2M IX IX Central States Electric Co— Conv deb 100 111 113 1st coll Deb 5Ms '49 3-5s inc M&S 1950 107 Buffalo Traction— 70 74 J&J 32 33 32 M M&S 15 5Ms 1954 102 J&D 1st mtge 4s 1964 Cent States Pow & 105 108 X 101 1st mtge 3 Ms ser A 1969.-F&A Serial debentures— 103 X 103 ..F&A 105M 101X Central Power & Light Co— a 103 103 M 102 X A&O Gen mtge 3 Ms 1962 105 California Water Service— 1st 4s ser B 1961 M&N Serial3Ms May 1 1941------3Ms May 1 1942 4s May I 1943 4s May 1 1944. 4Ms May 1 1945 4Mb May 1 1946 103 M 103 Central N Y Power Corp— 90M 90 M a 112 143 102 X 102 1st & gen M 3 Ms ser J 1968J&D Central Mexico Lt & Power— 1st s i 6s ext to 1950 J&J a 100M 49 M 49 M 49 M 143 100 x 102 Central Maine Power— 1st & gen 4s ser G i960 A&O 1st & gen M 3 M» ser H '66.F&A 103 102 66 5s 1957 a 106 48 M 48 M 49 M 104 X J&D J&D J&D J&D J&D M&S 4s 1945 4s 1946 F&A See International Ry 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 Cairo Bridge 1st inc 6 Ms '58.J&J Calgary Power 1st 5s 1960—A&O 1st s f 5s 1964 ..J&D California-Oregon Power— Deb gold 5Ms 1942 .A&O 1st mtge 4s 1966 A&O Calif Pac Ry (see Pac Elec Ry) ( 1942 3Ms 1943. 4s 1944 2s deb A 1941-1942 J&D 3s deb B 1943-1947...... J&D 66 100 99 M 109 M J&D .J&D J&D J&D 3 Ms Buffalo Niagara Electric— Gen & ref M 3 Mb ser O '67-J&D 5s 1942-.-. 100 3 Ms 1940. 3 Ms 1941 119M 95 J&J / 1939 1st gold 100M 100M 1st mtge 3Ms ser A 1968--J&D Serial debentures— 14 116M 14X 62 Associated Telep &,< Teleg Deb 5 Ms 1955 ser A Atlantic City Sew'age M&N Bklyn City RR 1st 5s 1941—J&J Certificates of deposit Brooklyn Edison Co— Consol mtge 3 Ms 1966—M&N Bklyn-Manhattan Transit Corp Coll trust 4Mb 1966 M&N Certificates of deposit Coll trust 3s 1941 M&N Coll tr series 3 Ms 1942 M&N Coll trust ser 3 Ms 1943.-M&N Coll trust ser 3Ms 1944--M&N Coll trust ser 3Mb 1945.-M&N Coll trust ser 3Ms 1946--M&N Coll trust ser 3Ms 1947..M&N Coll trust ser 3Ms 1948--M&N Coll trust ser 3Ms 1949--M&N Coll trust ser 3Ms 1950--M&N Coll trust series 3 Ms 1951 .M&N Brooklyn Queens Co & Sub— 1st m g 5s 1941 (stpd) J&J Certificates of deposit 1st con 5s July '41 (stp)..M&N Certificates of deposit Bklyn Un Elev 5s 1950 -F&A Certificates of deposit Kings Co El 1st 4s 1949—F&A Certificates of deposit Nassau Elec 1st g 4s 1951- -J&J Certificates of deposit 1st 5s 1944 I___A&0 77 101 Cent Illinois Light 3 Mb '66. _A&O Central Illinois Public Service— 15 X 15 75 1946 1947 1948 4s Dec 1 1948 4s June 1 1949 Buffalo General Electric— invosting Companies. 101 1 4s Dec 1 1947 61 106M 3 Mb deb O 1948-1952 J&D Buff & Nlag Falls El L & Power— Associated Pub Utilities Corp— 1st lien 5s 1947 ser A J&J Deb 6s series A 1958 M&N 101M 101M 101X 101M 101M 100M — 4s June 1 103 M M&S Bway & 7th Ave—See N Y Rys Brooklyn City & Newtown RR— Associated General Utilities— See 3 Ms Dec 1 1943 3 Ms June 1 1944 96 Vs 101 ... 1943 3 Ms June 1 98 119 4Mb 1981 100M 101M 101M 101M 3s June 1 1942 107 f 6s 1953 Gen & ref 100M 3 Ms Dec 1 1945 4s June 1 1946 M&S 1st 4Mb series B 1961 Broad River Power Co— 15 X 107 M 3 Ms June 1 1945 M&S (Germany) El Pr— 25 28 15 103 4s June 1 27 28 26 M 26 M 25M 22 15 X 15 X 14 M 14X 89 M - 18 55 M Bklyn Un Elev—See Bklyn Queens Bklyn Un Gas 1st cons5sg'45M&N 1st lien & ref 6s '47 ser A_ -M&N 1st I ien & ref 5s ser B 1957 M&N Deb 5s 1950—..J&D Elec Corp— 8s ex-warrants 1940 Conv deb 5 Ms 1973 deb 10 10 10 10 10 12M 15M 2 Associated Gas & Conv 15 X 2M $3 Conv A 7s 2002 Conv deb 4 14X 11M 15 15 14 X 14X 11M 1940 1 Dec 4s Dec Bridgeport Gas Lt 4s 1952.-J&J 5s 104 a s 94 / 3s June 1 1941. 100 Brith Colum Pow 4 Ms 1960.M&8 British Columbia Telephone— 94 105 J&J 1953 Extl 1st 103 3 Ms Dec 1 1944 1st & ref 5s 1954 ser A 93 1st s f 6s ser A 1953 A&O Ashl'd Home Tel 4 Ms A 1961 A&O Ashtabula Wat Wks 5s 1958.A&O Elect 3s 109M 7s Sept 1947 38 100 J&D 1st mtge 3 Ms 1964 Serial debentures— 110 '45.A&0 West End St 5s 1944 98 101 1946-M&S 3s Dec 1 1942 Deb g 4Mb Nov 1, 1941..M&N Deb g 5s Dec 1942 J&D 108 73 104 X 3s Dec 1 1941 14M 98 M 96M M&N 1st & ref 5s 1940 50 Corp— 1st & ref 5s 1941 J&D 1st & ref 3 Ms 1965 -M&S Central Illinois Elec & Gas C< Berlin Elec Elev & Bolivian Power 8s ser A 77 M 97 Cent Hud Gas & Elec 14M Arkansas Western Gas Co— Assoc 104 1st mtge s 43 M&S First lien coll tr 5Ms '46.-J&D Central German Pow 6s '34-J&D 22 94 J&J A&O F&A — 132 14M 14M Arizona Edison Co- 1st & ref 4Ms 1950 F&A Arkansas-Missouri Pow Corp— 5s series A 1957 ' J&J 1st mtge 4s ser A 1965 J&D Arkansas P & L 1st 5s 1956-A&O 113M Centra] Gas & Eiec 6s 47 88 Androscoggin W Pow 6s *45-F&A f 56 Appalachian Electric Power— 1st mtge 4s 1963 108 X F&A 8 f deb 4Ms 1948 105 .—F&A 125 Appalachian Power 6s 2024--J&J Ardmore St Ry—See Phila Co. 1960 115 43 108M 106 Anchorage Lt & Pow 7-9s'43 F&A Androscoggin & Kennebec Ry— 1st 6s 1940 __M&S Income 6s 99 M 100 Berkshire Street Ry— Ana&Pot R RR-See WashRy&Ei Arizona Power 5a 1950-- 99M 99M Deb 6s Apr 105X J&D Chicago Ry— 1955 M&S Cape & Vine'd El 4s A '65 J&J Capita] Traction (Wash, D C)— 1st g 58 June 1, 1947 J&D Cent Ark Pub Serv Corp— 1st & coll tr 5s 1948 ser A..F&A Cent El & Tel 4Mb A 1965..-J&J Boston Elevated Ry— Amer Water Works & Electric— Deb 6s 1975 ser A M&N 1 960 18 1,1955 A&O Underg Rys— f 6Ms 1956 A&O Birmingham Elec 4Mb 1968.M&S Birmingham Gas 1st 5s '59-M&N Blackstone Val Gas & Elec— M & coll tr 4s ser C *65—M&N Mtge&Coll tr 3 Msser D'68 J&D 106*32 Bleecker St&FulFy-See NY Rys 108 X Bloomington Dec & Champagne 68 American States Public Servlst 1 5 Ms 1948 ser A M&N / Deb 6s 1938 ..J&D f Income 58 75 101M 83 60 M 101M 69M 50 M 59 M "53-A&O B 105 1947 J&D 108M Berlin City Elect 6Ms 1951-J&D 110 Sink fund deb 6Ms 1959—F&A 53 101M South 1st mtge 5s ser A 103 Valley Water 5s "60-M&N of Canada— 1957 ser B-_——J&D 1st mtge 5s 1960 ser O M&N Bell Telep Co of Pennsylvania— 1st & ref 5s 1948 ser B J&J 1st & ref 5s 1960 ser O A&O Bellows Falls Hydro-Elec Corp— 1st mtge 5s 1958 A&O Bergen Turnpike 5s 1951 J&J & Term 6 Ms 1951 Canadian Utilities Ltd— 111M - 1st Telephone— mtge 4s 1969 Calumet 97 Bangor Gas Light 5s 1941---A&O Bangor Hydro Electric— 1st mtge 3Ms 1966----—J&J Bear Mt Hud Riv Bdge Co— 1st 7s 1953 A&O 8 f income 8s 1953 —A&O Beaver Valley Trac 5s 1950-A&O 1st extend 6s 109 M 52 ser 67 79 105 104 M 107 X Am Gas & Pow deb 3-5s '53-F&A Deb 5s 1975 Canadian Rail & Harbor— Calif Water & Co— 1975 1st g 5s 79 J&J J&J J&J American Telephone & Deb 5 Ms Nov 1 1943 96 Ask Bell Telephone American & Foreign Power Co— Deb g 5s 2030... M&S Amer Fuel & Pow 7s 1934-J&J / American Gas & Electric Co- Amer Rys Corp coll 4Mb Debenture 4Ms 1963 36M 93 Deb 4s series A Beaver 80 American Community Power— 5 Mb Certificates of deposit 1953 / Amer Elec Pow deb 6s *57 M&Sl 5 f Secured deb 3.6-6s 1953 35 Deb 5s series B 69 Corp— Am Pow & L deb 6s 2016 32 M Deb 5s series A 37 27 Cum income 4s deb B 2 Ms s f debs 1950 3 Ms s f debs 1960 3 Ms s f debs 1970 32 Baltimore Transit 104 102 1930—J&J 5s J&J 1975-——J&J 1975---—-J&J 1st (35% prin paid) 1927 F&A / Camden & Sub Ry—See P S Corp Canada Nor Pow coll 5s '53.M&N Canadian L & P 5a '49 op '14 J&J r 105M 106M 104 M 103 M 105M J&J / General 5s series A 1947--J&D f cons M&N 104 1st 5s 1946 1st & ref 5s 1968 M&S Alabama Water Service Co— 1st M 5s 1957 ser A J&J Albany Ry 1st 100 62 109 M 107 X 108 M&N 1967 50 40 M&S 1st 6s 1946 1st & ref 5s 1951 1st & ref 5s 1956 Bid '58 ser A M&S Avalon Telep Ltd 4 Ms '58--A&O Baltimore County Water & Elec 101 x 1951-F&A Bid Bonds Bonds Atlantic Co Wat 5s Adriatic Electric Oo (Italy)— Extls f 7s 1952__ A&O Ala Gas Co 1st M 4Ms Alabama Power Co— possible for the closing day of the month preceding the date of issue Ask Bid defaulted bonds Interest" except where marked "f" and income and Quotations for all securities are as near as Bonds Utilities electric power, water, telegraph, telephone and bridge companies.) (Includes street and electric railways, gas. Lt Corp— 76M 5Ms 1953.J&J 45 J&J Cent States Utilities 6s 1938.J&J / 1M Cent Telep (Del) 6s 1938...M&N / 14M Cent Vermont Public Serv Corp 107 1st mtge 3Ms ser B 1966--F&A 1st M & 1st lien 5s Debenture 1944 32 M 103 77 46M 3 108 Central West Public Service— 5Ms 1956- 118 Consol 85" ~ 90 80 gold Gas & El 5s 1999 M&S M&S 83 ...M&S M&S 65 1st 5s 1942 101 Gen & adj 5s 1952 Coll trust 5s notes 1942 100M 104 M 103 107 M 106 61.00% 62.00% 62-50% 62-75% 63-00% 63-25% 107 Charleston Transit Co— 102M r / . Charleston Cons Ry 105 117 r — Chicago Aurora & Elgin RR— 1st & ref 6s 1951 J&J / Chicago City & Connecting Ry— Coll tr s f g 5s Jan 1,1927. A&O / Chicago City Ry— 1st 5s (15% paid) 1927—F&A Chic North Snore & Milw RR1st mtge gold 5s 1st & ref 6s 1955 1st & ref 5Mb 1936 ser 1956 A J&J / J&J f A&O f 92 3X 2M 5X 6 40 M 42 IX IX 1M 88 103 106"" * a Called for redemption: see page 111. iBasis. J This price includes accrued interest, k Last sale, n Nominal, r Payable in Canadian funds. 2M 2 2 PUBLIC UTILITY BONDS 74 NOTICE—All bond prices are "and Interest" except where marked **f" and Income and defaulted bones Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Bid Bonds Ask Chicago Railways Co— 1st 5s 1927 stpd as to 25% pt; red and pay Feb 1, 1940—F&AIf Certificates of deposit— 47 _ 3 % 8M 4% 4% 4M 4% 4 % 7*4 ser Chicago Rapid Transit Co— 1st & refers 1944 Certificates of deposit J&J - — J&J 1st & ref 6s 1953 ser A Certificates of deposit— 48 48 4% 4% 4K 4m A Feb '27—A&O Series B Feb, 1927 J&D f Cons M 58 47 — — Adjust deb 6s July, 1963—J&J % Certificate of deposit Chicago & West Towns Rys—1st cum inc 5s 1937 J&J f --F&A J&D & T— . „ mtges f 4Msser A Citizens Utilities Co— 85 87 80 81 lly* 76 77% 77% 78% 78% M&N M&S 77 J&D im 86% 87% 87 88 103 M '61—J&J F&A 38 40 61 65 80 City Light & Traction (Sedalia, Mo) 1st s f 5s 1952 -J&D City & Sub PS—See Un Rys of St L City & Sub Ry—See Wash Ry & El City of New Castle Water— 5s 1941 -J&D City Water (Chattanooga)— 1st M 5s 1954 series B—. J&D 1st M 5s 1957 series O—M&N ClarkBbury-Columbus Short 83 92 101 J&D / '65.J&J a 6s 107% 1942 104% \ 46 50 60 43 46 F&A f Colorado Util Corp 6s 1938.M&S f Columbia Gas & Electric Corp— Deb g 5s 1952 M&N 8 105 iii—1.' o o — — Deb g 5s 1952— A&O 15 Deb 5s Jan 15. 1961 J&J 15 Columbus (Ga) Elec & Power— 1st & ref 6s 1947 ser A J&D 1st & ref 5s 1954 ser B M&N 105" 104 M 105 :::: 107 % 38 M 30% 109 % 123 M 110% 123 M Commonwealth-Edison Co— 1st mtge 3 Ms ser I 1968._ J&D Conv debenture 3M8 1958.J&J Com'w'lth El 5s June 1 *43-M&S 115 Commonwealth Gas Corp— Non-cum inc deb 6s (w s) 1948- / 41 Non-cum inc deb 6s (x s) 1948- / 30 Commonwealth Light & Power— Ref & unif 7s 1962 J&J / 14 Commonwealth Telephone (Wise) 1st 4s series A 1966 105 M&S Community Power & Light Co— Col M 5s 1957 M&S 98 M ' Community Public Service— 1st mtge. 4s 1964 M&S 105 % Community Teleph 5s Jan 1 194! f Community Water Service Co— 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 1st M 4Mb M&N 45 32 17 86 60 87 108M 42 76" 104 104 % 106 % 108 98 M 106M' 15 82 84 105M 103 % 103 Debenture 6s 1954 ser B._ J&D 101 Fed'l Pow & Lt 0s Nov 1,1965-— 15 Federal St & Pleasant Valley Pass Ry 5s May 1 1942-.J&J / 10 Federal Water Service Corp— Conv deb 5 Ms 1954 M&N 98M Federated Utilities Inc— 1st lien col tr 5Ms 1957—M&S 83M 102" F&A Certificates of deposit ' Dom Elec Pow 5Ms 1955 M&S Dominion Gas & El 6 Ms '45-J&J r — A&O / 94 30 3 Fontana Un Wat 6s 1935 .J&J Fort Pitt Traction—See Phila Co ExpressEquip trust 4 Ms to 1941—F&A Equip trust 4 Ms to 1943.-M&S Equip trust 4s to 1946 M&S Fullerton-Portsmouth Bridge— 1st s f 6s 1957 M&S Galveston-Houston Elec Ry— IstMsf g5s 1954opt A&O Gandy Bridge (Tampa)— 1st mtge s f 5 Ms 1957 A&O 4 4 Eastern Iowa Pow 6Ms 1943-M&S Eastern Lt & Pow 4s A 1965.J&J 94 r A&O r 101 % 65 M 95 % 97 101 122M 102M 69 96 50 IstM coll tr 6 Ms ser A'50.A&O 1st mtge & coll 6Ms C55.A&0 96 99 M 99 M A_ J&D 99 99 M Georgetown Gas Lt 1st 5s'61 F&A Ga-Caro Pow 1st s f 5s *52--J&J Georgia Power 1st 5s 1967.-M&S Georgia Power & Light Co— 1st mtge 5s 1978 J&D Georgia Ry & ElectricAtlanta Northern Ry Co— 1st guar 5s 1954 J&J 115 1st lien & col 5s 1943 98 —— 30 Gesfurel 6s 1953 75 98 M 98M General Water Wks & El 6/ ser Granite Corp— 105 106 70M 106M 71M 102 J&D f 13 '39-M&N / 25" 20 x w Grand Rapids Ry 1st 7s City Generating— A&O 1st coll 5s 1963 77" 64" 75 80 76 83% 77% 59 M 57 M 59 Great Cons Elec Pow (Japan)— 1st M 7s 1944 F&A Great Lakes Power Ltd— 1st & gen 6 Ms 1950 J&J M&S lstsf 4Ms 1956 s f 5s 1957 J&D Great Lakes Utilities Co— F&A 109 99 Green Bay & Miss Canal— 1st & ref 4 Ms 1953 M&S Green Mountain Power Corp— 103 5s 1948 B I « 1 1 100 101M 101M 101M *65.J&J 4%a 104 M 106 M 104 % 106 % Peoples—See Phila R T Pow Corp (Germany)f 6Ms 1950 M&S 1st sink fund 6 Ms 1953—A&O Electric P & L Deb 5s 2030.F&A Eliz Plainf & Cent J1 See 106 Eliz 108 2% 80 M 99 104 M 103 M 99 115 110M s 111 101 RivVPublic Serv Eliz & Trenton RR J Corp Elmira Water, Light & RR— 1st & con g 5s 1956 M&S & 14 15 84 84 M Raritan 104 M 96 103 Gulf Public Service Co— ^ A&O 102 % 110M lstm&ref3Msser D 1969M&N Hamburg (Germany) Elec Co—_ Extl g s f deb 7s 1935—M&N 18 Hamburg (Germany) Elev Under11 gound & St Rys 5Ms'38-_J&D Hamilton Gas 6 Ms Aw w '37 J&D 68 Hamilton Gas Corp— 4s series B 1953 M&S 58M 108 Harrisburg Gas 5s 1970—M&N Havana Elec Ry 5s 1952 —F&A, 23 % 5Ms (Sept'31 coupon)*51-M&S / Hempstead & Oyster Bay— 98 Water 6% July 1 serially Hest Man & Fair Pass Ry—See P til R T 45 Holyoke Street Ry inc 5s 1945 Home Tel & Tel (Ft Wayne;— 1st 6s series A 1943 .J&J 1st 5 Ms series B 1955 A&O £ Hoosac Valley Street Ry— 22 1st ext 6s June 1 1947—-M&S Houston Elec 1st 6s B 1950-J&D 100M 100 Houston Gas Secure 5s 1952-M&S 103 50 50 63 "% 48 f—it—1 OO 116 119 104 M 107 104 104 M El Paso Electric Co— 1st m 58 1950 ser A— J&J Empire District Electric Co— 1st & ref m 5s 1952 M&S 112 60 -A&O Gulf Power 1st 5s 1968 1st mtge 6s 1945 Gulf States Utilities Co— 100 103 % 102 M 103 M J&D 6 101 1940-1953 Gulf Coast Water 1st 5s *48-F&A 55 1% 79M J&D 1st & ref M 3%a 1963 Elec & 1st 1st 5s stamped 1950. 54 Serial notes— Electric 102" Houston Gulf Gas— A-A&O 102 M 103 1943 with war..A&O 101M 102 111 106 % 90 J&J Ref 6s Jan 1948 ser O—M&S 15 Ref 6s series D Jan 1 1948-A&O Ref 6s series E Jan 1 1948-A&O Eastern Michigan Rys— m 80% 108 53 / 010 o 1 1 1 100% 130 / 96 M 87 % 128 1.25% 1.50% 95 Edison El 111 (N Y)—See N Y G Edison Sault Elec 4M8,1961 A&O 55 M 53 M 1.75 General Public Utilities— 4M 4\ Edison Elec Ilium of Boston-r- 55 M 1.50 2.00 61% 4Mb 1948 A m 126 108 1.00% b J&J Ref 1HM 110M 107 M 83 42 M 93 General Public Service Corp— See Investing Companies. 63 79 % 100 % b b 1st lien coll tr 5 Ms 1942 _-M&N Great Northern Power—> 130 81 41M 59 M '49J&D Gen & coll tr 4s A 1956.M&S m w 1st 3 Ms series B 1969 A&O General Gas & Electric Corp— Eastern Gas & Fuel Assoc—• 1st 104 101 J&J 1st 3%a series A 1969 95 58* M&S / 25 Dumbarton B'ge 6Ms to *49-J&J 76 Duquesne Light—See Phila Co 72 Duquesne Nat Gas 7s 1948—J&J Duquesne Trac—See Phila Co Durham Pub Ser 7a A '49--A&O 102 M Durham Trac 1st 5s 1941—M&S 100 East Coast Pub Serv 4s 1948 F&A 75 East Jersey St Ry 5s 1944--M&N 103 E. Kootenay Pow 1st 7s '42.A&O 62 East Prussian Pow 6s '53 J&D / 15 85 102M Gatineau Pow deb 5s w ws 100 101M 90 41 14 17 12 103 % 103 100 % 26 Gary Rys Co 6 Ms ser A 1945 F&A / Dortmund Munic Util (Germany) 20-yrsf 6 Ms 1948 Duluth-Superior Transit— 104 102% 101 103 % Sinking fund debs 5s 1946.J&D Florida Pow & Lt 1st 5s '54--J&J Florida Public Service Co— 1st 4s series C 1955 J&J Florida Telep 2d 6s 1954 J&J Gary Electric & Gas Co— 1st lien coll 5s 1944 3M 3% H 1st mtge colltr 7s 1958 J&J Adjt 6s due July 1958 A&O Eastern Minn Pow 5Ms 1951 M&S Eastern Oregon Light & Power— 5Ms series A 1951 M&S 5s series B 1953 J&J Eastern Shore Pub Service Co— 1st m 5Ms 1947ser A M&S 1st M & 1st lien 5s 1955 B M&S Easton Consol El 5s 1949 —M&N 52 M 102 100 % 102 103M 25 Gary Street Ry 1st 5s 1937--A&O / Gas Co of New Mex 0 Ms *44 M&S 97 M Gas & El of Bergen Co 5s '49. J&D 121 Gen 5s Nov 1.1954 124 M&N 91M 108 Fruit Growers' F&A 1st mtge s f 6 Ms 1952 Certificates of deposit S f deb g 7s 1952 Ref 14 54% 54 M 35" Florida Power Corp— 1st mtge 4s series O I960..J&D 62 84 110 107 Consol Gas Elec Lt & P (Bait)— 1st M & col 6s 1943 ser Deb 6Ms t ExchangedTor Phila. Trans. Co. 4s, 1969, under reorganization plan. k Last sale, n Nominal, r Payable in Canadian funds. 89 101 83 108 107% ccrued interest, 87 100 109 M 109 105 Vs Fd 4 106 % 108 M 6s series B 1962 92M Gen & ref 4Mb 1961 ser D.F&A Gen & ref M 4s ser F 1965. A&O Gen & ref M 3 Mb ser G '66M&S Detroit International Bridge— 3 Ms 1st M s f July 1. Collateral 6s 1957 F&A Consolidated Gas of Baltimore— Gen g 4Mb Apr 1954 A&( 67 Eastern Mass Street Ry Co— 107 109 Consolidated Electric & GasColl 6s ser A Aug 11962.-M<5 80 01% 2 95 30 107M 103 M A&O/ Erie Ltg 1st m 5s 1967 A&O Fall River El Lt 3 Ms 1968-M&N 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 stpd M&S Scrip 4s due 1942 Economy Lt & Pr (111) 5s '56_ J&D Consolidated Cities L P & Tr— 1st lien 5s 1962 J& Consolidated Edison Co of N YDebenture 3 Ms 1946 A& 108 3 M&N 124 , 109 M 107 % 107 M Ask 45 J&J 41 105 M J&J 111 109 % 107 J&J 107M 104 &J 106 M J&J Delaware Vail util 6s 1952-M&N 68 M Denver Tramway Corp— Gen & ref 5s 1950 ser A 92 J&J Des Moines Ry 1st inc 5s Jan 1 '55 f 29 109 M 108 M 25-year deb 3Ms 1956—-M&S 108 % 1971 125 Connecticut Light & Power— 1st & ref s f 7s '51 ser A—M&N 1st & ref M 3Ms ser F '66-M&8 1st & ref M 3 Ma ser G '06-J&D Connecticut Power 1st & coll trust 5s 1956 Connecticut Ry & Light— —J&J Delaware Electric Power Co— Deb 5 Ms 1959 J&J Delaware Power & Light Co— 1st 5s 1953 107 Columbus Ry Pow & Light 1st mtge & colltr 4s 1965-M&N Commercial Mackay Corp— Inc deb w w 1969 May igg 90 130 Erie Co Electric 6s 1959 Erie Rys 1st 6s 1954 Detroit Edison— 43 - 89 Bid 106 Erie Coach Co 4 Ms 1959 90 105 Danbury & Beth Gas 6s 1948 F&A Darby Med & Ches Ry—-See Phila R Tran J Darby & Yeadon 4 Ms 1934 / 82 Dawson Ry & Coal 5s 1951—J&J 103 Dayton Power & Light— Certificates of deposit 1st 5s, 1966 10553j Bonds Equit G & E Utica 5s 1942-A&O Ercole Marelli El Mfg Co (Italy) 1st s f 6 Ms 1953 with war M&N —- Cumberland Co (Me) Pow & Lt— 1st mtge 3 Ms 1966 107 A&O Cumberland Gas 6s w-s 1948M&N / 38 Dallas Power & Light— 1st mtge 3 Ks 1967 109 M F&A Dallas Ry & Ter 1st 6s 1951.J&J 74 Certificates of deposit Conv s f deb 6 Ms 1948 45 104M 102 M J&J conv 5s 1951 Detroit & Canada Tunnel— 1st mtge 8 f 6s 1953 M&N 100 MS 105 1st mtge 3s 1970 J&J Cleveland Ry 1st 5s A 1945-M&S Coast Cos Gas & Electric— 1st s f 4s series B 1965 M&S Colonial Util 5Ms 1958 J&D 6s Telep 88 M 88 Ask 99 1st mtge g 4 Ms 1969 1st mtge g 4Ua 1969 _ 1940Collateral Crescent Public Service Co— Coll inc 6s B Oct 1 ,1954—J&D / Cuban 1st mtge 3s 1970 _ 1st coll 4-5 Ms 1948 A&O Citizens Water (Scottdale)— 1st 5s series A 1953— J&J Gen mtge 3 Ma July 1, 1st coll 6s series A 1946 M&N Deb 5 Ms series A 1970---A&O Contin Gas & El deb 5s 1958 F&A Cooper RivBri'geinc 1st 6s'58M&N Copper Dist Pow 4 Ms 1956--J&D County Gas (N J) 5s Jan 1 .1952. 95 A&O Route Bridge 6Ms 1952 Cleveland Electric Ilium— M&N M&N hom M&S Income notes 3s 1955 M&N M&N M&N Continental Pub Serv 6s '40-J&D f 82 Cities Service Power & Light— Deb 5Ms 1952 M&N Deb 5 Ms 1949 J&D Citizens Independent Telephone is* Consumers Power Co— 1st mtge 3 Ms 1965 1st mtge 3 Ms 1967 1st mtge 3 Ms 1970 1st mtge 3 %a 1966 1st mtge 3 Ma 1969 Consumers Water Co— 5M ^ A&O Deb g 5s Apr 1958 Deb g 5s 1963 Deb 5s 1969 Conv deb 5s 1950 Hydro-Elec Wks of Upper Wuerttemburg 1st 7s *56--J&J / 108 X A&O Cities Service Co— Ref deb 5s Jan 1 1966 Consol A&O notes, 1940 3% 93 1st ref 6s 1947 series A——J&J Cincinnati Street Ry— 1st m 5 MjS ser A 1952 1st 68 1955 ser B Corp 6% 107 M 108 % Cincinnati Gas & Electric— 1st mtge 3 Ms I960 1st mtge 3 Ms 1967 Cln Newport & Gov L Bid Bonds Consolidated Gas Utilities Co— 6s unstamped 1943 ser A--J&D 6s stamped 1943 J&D a Called for redemption; see page 111, 5 Basis. / This price includes ' NOTICE—All bond prices «r« Quotations for all 109% 104 ser M&S A&O B ser O 1962: a 1st 5e series A 1948 M&S 1st mtge 5s 1960 ser B—.M&S a 64 71% 65 63 63 111 % 102 103 63 106% 105% 104% 98 106% F&A Indiana Central Telephone Co— 1st lien coll 5%s 1938 M&N / 128 93 Indiana Gas Utilities 5s 1946.J&J Indiana Hydro-Electric Power— 1st mtge 5s 1958 ser A Indiana Pr 1st 7%s *41 A 110 Indiana Service Corp— 1st & ref M 5s Jan 1, 1950-J&J 1st 1 & ref 5s 1963 F&A 73% 71 Indiana & S W Gas & Util— 6% conv notes 1940 J&D f Indianapolis Columbus & South¬ ern Traction 1st 6s 1948—F&A Indianapolis Gas 5s 1952--.A&O f Indianapolis Power & Light— 3%s 1st mtge 1968 F&A a 1st rntgd 3%? 1970-.... M&N 8 75 90 1—'h-i OO rfi.cn Serial notes— 3s Aug 1 1940 3s Aug 1 1941 3 Ha Aug 1 1942 a 3%s Aug 1 1943 3%sAugl 1944 3%sAugl 1945 4s Aug 1 1946 4s Aug 1 1947 100 1st & ref g 5s '66 op tax-ex.J&J Certificates of deposit 103 102 101 64 61 106% 105 68 54 . 6 18 18 4 80% 80% 33% 33% 77% 76% 47% 61% 59% Debentures 6s 1955 J&J International Power Sec Corp— 6 % % sec bonds 1955ser C J&D F_ ser 21 F&A J&J15 — Buff Trac 1st 5s 1948 J&D International Telep & Teleg— Debg4%s 1952.. J&J Deb 5s 1955 F&A Int-State Bridge 4-6 %s '50-M&N Interstate Gas & El 6s 1951. .J&D Interstate Power 1st 5s 1957.J&J Deb gold 6s 1952 J&J Interstate P S (Ark) 6s 1940 M&S Interstate Rys 4s 1943-F&A Interstate Tel & Tel 5%s 1953J&J Investors Telephone 3s 1961-J&J Iowa Electric Co— 1st 4s Serial ser A 1961 25 22% 23% 24 20% 25 22% 82 78 27% 29% 28% 29% 70 55 61% 62 38 38% 2 1 % 101 68 101% 103" 70 102% notes— 4s Oct 1 1940 4s J&J 48 64 ' Sec 7s 1952 77% 100% 101% ... Apr 1 1941 4s Oct 1 1941 102 102 101% 101% 101% 4s Apr 1 1945 101 4s Oct 1 1945 100 4s Apr ... Iowa El Lt & Pr 7s ser C '42.F&A 1st mtge 4s ser E 1955 J&D Iowa-Ill Telep 2-5%s 1949--A&O Iowa-Nebraska Light & Power— 1st lien & ref 5s '57 ser A—M&N lstl & ref 5s 1961 ser B.-.M&S Iowa Pow & Lt 1st 4%s 1958 M&S Iowa Public Service Co- 105 106% 103% 107 106 M&S 11 64 Rapid Transit Market St Rv (San Francisco)— 1st s f 7s 1940 ser A Q Jan (Stamped mod) ext at 5% to 39% 110 1st & ref 6s 1954 Debenture 7s 1944 ....M&S j&j - 1968. 104% 62 Street^Ry— 47 3-58 series A 111 / Meridionale Electric Co— 36 Metropolitan Edison Co— 1st M 4%s 1968 ser D— 1st M 4s 1971 ser E B 106 99" 104% 106 1st mtge 4s ser G 1965 M&N Metrop Edison Corp 6s '61 -M&S Metro Wat Sewer—See Fgn bds 4s 4s 1 4s 90 49 49 38 42% 42% 9% — Called for redemption; see page 111. 32" - 03% 100 1 1 1 1 Aug 1 Augl Aug 1 Aug 1 — 102 104 104 102 102 101 101 101 1950---J&D / 35 Michigan Gas & Electric Co— 102% 1st & ref 6s 1943 M&S 101% 1st M 5s 1956 J&D Michigan Public Service Co— 100% 1st g 5s 1947 ser A A&O 50 Middle States Util 6s A 1951 A&O 87 Middle West'n Telep 6s '43.-J&J Mich Fuel & Lt 6s A 103% 102% 101% 52 • 78 Middlesex Elec 106% 107% Light Power— J&J 1955 5s 124 ---- Middlesex & Somerset Traction— 107 5s 1950 Midland Util deb 6s 94 55% 57% Milwaukee Gas J&J 1938.—M&S / M&S Minneapolis Gas Light Oo— 1st mtge 4s 1950 J&D 13% 101% Minnesota Power & Light 1st & ref 5s 1955 108 84 85 65 73 Co— J&D 1st & ref 4%s 1978—-M&N Mississippi Power Go— lst & ref 5s 1955 M&S Mississippi Power & Light— 102 1st M 100 89 60 61% Light Oo— 1st M 4%s 1967 98 J&D 5s 1957 Mississippi River Pow 5s '51 J&J Deb 5s May 1. 1947 M&N Missouri Edison 1st 5%s '47 J&D 103% 104 106 107 106% 107 103 103% 104% 104% 104% 105 110 112 - 42 33 108% 107 Missouri Gas 53 104 104% 104% 101 & Elec Service— A&O 1st 4-5s 1956 103% Missouri Power & Light— 1st mtge 3%s 1966 J&D 93% 107 95% 108 Missouri Public Service Co— 1st s F&A f 5s 1960 94 95% Missouri Telephone— 4%s series C 1961 M&S 102% Missouri Val Public Service— 74% 73% 76" 106% 107 108% 100% 118 1 6s 1939—. J&J / Mobile Gas Service Corp— 96 1st 5s 1956 A&O 1st cum inc 9s ser A *56--A&O / 100 Income 7s 1956 A&O / 97 103% Mob Lt & RR Cons g5s *41-M&S 75 Mohawk Valley ref 6s 1991 M&N A&O Monmouth Cons Wat 5s '56-J&D - - - 101 Monongahela Light & Pow Co— - 99 60 90 38% Debenture 6s 2031 J&D 1st M 5s 1949 107 108 64 Monongahela Valley Water— 1st M 5%s 1950 series A—J&J Monongahela West Penn Pub Ser 1st & gen mtge 4 %s 1960.A&O Debenture 6s 1965 A&O 120 123 101 110 111 110% 111% Montana-Dakota Utilities— A&O M&N 99% 105% 100% 106% 108 Montana Power— 108 1st & ref mtge 3%s 1966—J&D Montreal Isl Pow 5%s 1957 M&N Montreal Lt Ht & Pow Consoi— 1st & colls f 3%s 1956—F&A 100% 101 Conv deb 4%s 13 1st mtge s f 4%s 115 107% 1946 1954 1st & coll 3%s 1963 1st & coll 3%s 1973 notes 3s 1949 Conv 105 & Basis. 8 2?* notes— J&J J&J J&J 66 70 61 63 60 59 6l" 61 63 1 a - 90 103 Serial - 107% 108% 108% Metropolitan West Side "L"— 6 1st gold 4s 1938 F&A / « Exten gold 4s 1938 J&J / Mexican El L 1st M g 5s '42.J&J Mex Lt & Pow 1st 5s '40 8 f F&A / 22 25 Mexican Utilities 7s ext'49—A&O Miami Bridge— 84 Income deb 6s (w-s) Mar 195 Michigan Associated Telep Oo104% lst mtge4s ser A 1968 Mi Michigan Consolidated Gas— 12 85 -- 110% 1941 1942 1943 1944 1945 1946 1947 1948 83% 55 20 s 2% 102% 102" 100 Memphis 102 70 101 102% 101 65 Q-/ 1945———— Maryland Light & Power— 101 5s / 126 11 A 1955. See Phila 4s Aug 4s Aug 59 ser 98" Market Street El Pass Ry— 4s Aug 4s Aug 38 104% 95 95 65 105" 48% / / & Tel— 1 1940— F&A / 15s Maritime Telephone 110 47 Louisiana Pow & Light Co— 1st mtge 5s 1957 J&D Louisville Gas & Elec Co (Ky)— n \r 103 F&A ► r 42 84 / 17 104 4s -_ Luzerne Co (Pa) Gas & Elec— 1st ref&imp g 5s 48 op'13 A&O 30 M&N If 4s Aug A&O Luneburg Pow L & W W(Germ'y) 1st M s f 7s 1948 M&N / 104% 1960 Deb f 5%s 105 Leipzig Overland Power— S f mtge 6%s 1946 M&N Lewlston Gas Lt 3%s C '56-A&O Lexington Ry 1st 5s 1949 J&D Lexington Water Power Co— 1st s f 5s 1968 j&j Conv deb 5%s 1953 J&J Lincoln Gas & Elec 5s 1941 J&D Lockhart Power 4%s 1955--J&D Lombard Elec Co (Italy)— 1st extl 7s 1952 J&D Lone Star Gas 3 %s debs '53 F&A Long Beach Gas 1st 5s *56--J&D Long Island LightingSecured g 6s 1945J&J Conv deb g 5 %s '52 ser A. A&O Los Angeles Hermosa Beach & Redona Ry—See Pac Elec Ry Los Ang Pac Co—See Pac El Ry Los Ang & Pac RR-See Pac El Ry Los Angeles Railway Corp— 1st ref s f 5s ser A 1948 A&O 1st ref s f 5s ser B 1950 A&O 1st 106 1st mtge3%s 1969 Debenture 6s f 5%s '51 ser s Marion-Reserve Power— 172 % 47% 85% 103% 102 10 85% 48% 47% A—J&. 1952 ser B__J&» s 1st M 106% 107% / / "6" 86% 85% 48% Manitoba Power Oo Ltd— 1st M 101 J&D 1st s f g 6%s 1944 Lower St Lawrence Power— 100 1 1946 2% 150% Louisville Ry— 1st 4%s ext Aug 1 1942 —M&S General 5s 1950 F&A Lowell Gas Light— 1st mtge 4%s ser A 1966.M&S Lower Austrian Hydro-Elec— 102 4s Apr 1 1944 4s Oct 1 1944 ./ >/ / Manila Elec RR & Ltg Corp— 1st lien & colltr 5s '53 M&S 53 100% 1st & ref M 3%s 1966—M&S Louisv Ltg 5s '53 unstmpd—A&O 102 4s Apr 1 1942 4s Oct 1 1942 4s Apr 1 1943 4s Oct 1 1943 — 1st extend 5s 1945 M&S International Railway (Buffalo)Ref & impt 3-5s 1962 M&N % w* 78 ' 1957M&S E 81% 80% 33% % ' Certificates of deposit., Internat'l Pow Ltd 6%s Deb 6s 1957 7. 6 " 1 Intercontinents Power Co— Debs A 6s 1948 J&D International Hydro-Elec System Conv deb 6s 1944 w w A&O 19 92 ' M&S 19 18 6% notes 1932 Certificates of deposit Conv g 7% note 1932 58' 55 ' 47 100 1 st & ref 5 %s 101 ' 1% Kentucky-Ohio Gas Co— 27 72 Otfs indebt 2s 1958- — -—J&D f Kentucky Power & Light Co— 100 13 1st m 5%s 1948 ser B M&S Kentucky Utilities Co— 102 77 1st mtge 4s 1970 — 101% 91 S t mtge 4%s 1955 _ F& A 104 Keokuk Elec 6s 1945 M&N 100 106%. Kewanee(Ill)Pub Ser 6s A '49 J&J 97 104% Key West Electric 5s 1956..F&A Keystone Public Service— 102% 1st M 5s 1978 M&N 102 J&D A&O 46% 75 103 a Y)- 68 1 1955 ser A. - J&D 1st 1 & ref 6s 1951 ser B—A&O Kings County Elec Lt & Power— Purch money 6s g 1997.-A&O KIngsCoElev—See Bklyn-Queens Kings Co Gas & 111 1st 5s '40 A&O Kings Co Ltg 1st ref 5s '54--J&J 1st ref 6%s 1954 J&J Kokomo Water Works— 1st 5s ser A 1958 J&D Lackawanna & Wyoming Val RK 1st 5s 1951 .-F&A Debentures 6s 1948 F&A Laclede Gas Light Co— Ref & ext 1st 5s 1939 A&O Ret & ext 5s. 1942 A&O 1st M coll tr 5 %s "53 ser O F&A 1st col&ref 5%sl960 ser D F&A 68 coll notes ser A 1942—F&A 6s coll notes ser B 1942 F&A Lake Shore Elec Ry 6s 1933.J&J General 5s 1933 F&A Lake Sh Gas 1st 5%s 1950..M&N Lake Superior District Power— 1st mtge 3 %s ser A 1966.-A&O Lancaster Co Ry & Lt 5' 1951 J&J Lehigh Valley Transit— 1st extend 4s 1945 J&D Ref & impt g 5s 1960 J&D a Manhattan Ry (N ll'A Keystone Telephone Oo— a Interborough Rapid Transit— ser J&D a f 7s 1935 Sec 7s 1957 - - - , lbo2 M&N / a Inland Telep 1st 6s 1948 66 Bridge System— 51% 1st 2-68. 1967 J&J 105 Jamest'n (NY)Telep 5s 1954 J&D Jersey Central Pow & Lt Corp— 65 1 st & ref 5« 1947 ser B P&A 109 1st mtge 3%s 1965M&S 102% 112 Jer City Hob & Pat—See P 8 Corn 40 Johnstown Traction 4s Dec 31 62 / / 8 Cons mtge 3s B Dec 31 1962 Joplin W W 1st 5s 1957 M&S 105 101 64% Kankakee Water 4 %s 1959. - J&J 103% Kansas City Gas 1st 59 46.-F&A 106% 107% 1st 6s series A 1942 -F&A 106% Kansas City Public Service— 35 105 1st ref 4s series C 1957——J&J / 98% Kansas Electric Power— 103 1st mtge 3%s ser A 1966.J&D Kansas Gas & Electric— 122% Deb gold 6s 2022 ser A..M&S 102 Kansas Power 4s series A *64 J& lO ICO Kansas Power & Light Co-— 110% 1st mtge 3%s 1969_-_--_-J&J 94 101 Kentucky El Pr lstsf 6sl960J&J Kentucky Fuel Gas Corp— 1% 1st 6%s 1942 stamped J&D / 103 Coll trsf 6s A 1936 M&S Coll tr s f 6s 1941 ser B—.M&N Coll tr 68 1957 ser O A&O s stamped 1942 Inc deb 6s ser A w s 104 a 41 4 86 if 25 66"" a „ Deb 5s 100% 107 Terminal— Manchester Certificates of deposit a 4s Aug 1 1948 Indianapolis Ry 5s, 1967 J&J Indianapolis Water— 1st mtge 3%s 1966 T&J Inland Gas 6%s 1938 F&A Certificates of deposit. 6%s stpd 1952 (25% paid) Sinking fund deb 7s 1938.F&A Inland Power & Light Corp— 100 r ) *52 1st 5s *5i 59 57 r Macon Ry & Light Ask 100% f 4%s 1950—M&N "".lee Co (Italy)— 1952 M&N Island Gas & El metric— 25-yr s f 5%^ 1953 ser A..M&S Gen mtge s Jacksonville (Fla) Ga;--— 1 98% M&N .M&N 103% James River 108 J&D _ 66% 64% 63% M&S Indiana Assoc Telegraph— 1st mtge 3 %s ser A 1970. 73 65 1st & ref 6s 1953series A_.A&O 1st & ref 5%s 1954 ser B—J&D 1st & ref 5s 1956ser O 66 a 105 102% Quebec Power— 1st s f 4s ser A 1959 Macon Gas 1st mtge 4 %s 102% a Italian Super, ».>wer Corp— See Investixr- Companies. 67 64 a McLaren a Bid Bonds Ask Utilities 5%s (series of 25) 1950 J&J 5%s (series of '35) 1950 -M&N Deb 6s 1950 «er A M&N 1st mtge 4s 1970-----—JJ&N Isarco Hydro1st M s f 7s 101 105 111 Community Tel 6s 1949--J&J Illinois Power & Light Corp— 8 f deb 5,%s 1957 .... 102 a Hydro El Bond & Sh 5s 1957M&N Hydro Elec Power Commission (Ontario) 3%s 1943 J&J 4%s due Jan 1. 1970 J&J 3 Ks 1947 A&O Deb 2%s 1941 M&S 2«s 1942... A&O Deb2%s 1944 J&D 3%s 1053 F&A 3s Aug 1 1948 A&O Idaho Power 1st 3 %s 1967--A&O Illinois Bell Tel 3%s B 70—A&O Illinois Commercial Telephone— . 105% Iowa Southern Huntington Water Corp— 1st mtge 6s series A 1954--M&S 1st 5s 110% 123 79 Bid Bonds Ask Light & Power— 1st mtge 3%s 1966 .J&D Houston Natural Gas Corp— 1st m coll 6s '43 with warr.J&D Hudson Oo Gas 5s g 1949. .M&N Hudson River Trac 5s 1950.M&S 1st M 5s 1954 where marked "f" and Income and defaulted bonds possible for the closing day of the month preceding the date of Issue "and Interest" except securities are as near as Bid Bonds Houston 75 PUBLIC UTILITY BONDS August, 1940] /This price includes accrued Interest, fc Last sale, r Payable in Canadian funds. UTILITY BONDS PUBLIC 76 NOTICE—All bond prices ara "and Interest" except where marked "f" Quotations for all securities are as near as possible for tbe closing day of the Ask Bid Loads Montreal Tramways— 1st & ret g 5s 1941 opt. __-J&J (Jen & ref 5s 1955 series A. A&O Gen & ref 5e 1955 ser B_._A&0 (Jen & ref s f 4 '55 ser C A&O Gen & ref 5s 1955 ser D.A&O 695* Refmtge 3Ms B 1967—J&J 79 56 Y Water Service Corp— 1st M 5s 1951 ser A M&N Y & Westchester Lighting— 97 M 65 See N Y Gas Elec 105" 86" 83 24 21 108 M 105 30-yr 35*s debs 1968--—J&D Muncle Wat Works 5s 1965.M&N Municipal Gas & El Corp of 14 ReckJnghausen 7sl947 —J&D / Mut Fuel Gas-See Peoples GL&C Mutual Un Tel—See West Un Tel Narrangansett Electric Co— 108M 1st mtge 3M» 1^66 J&J Nashville Gas & Heating Co— 1st 5s 1951 MAN 1085* 108 M 48 F&A 105M 106 M 27 1095* S f deb 5 Ms 1005* J&J 1956 Boston Ltg Properties 3MS secured notes 1947 A&O 99 63" 60 107 M&N 1135* 107 M 40M 101M 5Ms 1957.. .M&N 88 1st 3 Ms series A 1969 130 735* 99 125M 105 (Minn)— 1st & ref M 3Ms 1967. F&A orthern States Power (Wis)— 1st mtge 3 Ms 1964 M&S 114 100 _ 65 M 65 M 66 M Coll tr 66 H orthern 96 96 M 99 98 M 108 1st M 6Ms 1936 with 126 M 124 1275* 125 65 A&O M&S 4Mb 1983 M&N N J & Hud Riv Ry & Ferry—M 1st gold 4s 1950— M&S N J Pow & Lt 1st 4Mb '60—A&O 1055* 106 110 112 New Mex Gas conv 5s 1951 M&N 104 1st & ref 4Mb O 1981 112 - 114 106 72 106 Vs 105 . 104 M s Nii f 7s 1946 / 107 107 1st & ref 5sl952 series Inc 6s Nov 1949 ser A—J& <-s Newport & Fall River St Ry— oo Newp News & Hamp Ry G & Elst & ref 5s 1944 J& New Rochelle Wat 5Ms '51.M&-. 1st 5s series B 1951-. M&N .... 1st & cons 4s 1965 M&N M&S 1967 105 975* 995* 98 M 100 M NYGELH&P 1st mtge 4s, 1962 Notes— York Edison Co— 1085* 1095* N Y Gas Elec L H & P Co— 3 108 M 110 F&A F&A 99 F&A 6s 1947.-J&D Valley Water 5s 1954—J&J 1035* 10554 10554 103 M 1065* 104 103 [/ f 75* 75* 10554 96 '68.J&D 85 J&D 88 ser s f 5M« I960 105M Peoples G & Fuel 6 Ms ww'37 A&O / 22 M Peoplo's G L & Coke, Chicago— 1st cons g 6s 1943 112 A&O Refunding gold 5s 1947..M&S 115M 1st & ref 4s 1981 ser B J&J 97 1st & ref mtge 4s ser D '61 J&D 98 H Mutual Fuel Gas g 5s* 47 M&N 1135* Peoples Light & Power Corp— 1st lien 5 Ms 1941 J&J f 127 Conv deb 5s 1979 J&J / 18 Peoples Light & Power Co— 99 1st lien coll 3-6s 1961 J&J Peoples Telep (Butler, Pa)— 4s I960... J&D 99 Peoples Tract—See Phlla R T Peoples Water Service (Md)— w w 1st con 5s J&D 110 J&D 105 M 106 108 108M F&A ref 5s *41 J&J Apr 1 Pow 5s May 15 '51 103 104 24 27 1 3 Ardmore Street 5s _ 23 M&N M&N M&N F&A 1948 101 104 1015* 101 ^ J&D; 106 M 1958.-A&O / Lt 1st 3Ms '65.J&D, Dunuesne Trac 1st 5s Fort Pitt Traction Pittsb Rys 5s 5s1938 6 10654 'SO.J&Jjf 1953 105 __ Philadelphia Company— Secured gold 5s 1967 Duquesne a J&D 1954 Prior lien 5s 1948 106 M 1st mtge 3 Ms ser B 1955.-F&A Oklahoma Power & Water— Oklahoma Ry 1st & Income 5s 1990 f 5s 1st consol 4s 1948 108 104M s w—F&A Peoria Water Works Co— 965* 38 109 M / A&O, 2d Ave Tr 1st 5s 1934 J&DI/ So Trac 1st & coll tr g 5s'50A&0 f United Trac 5s 1997 ctfs.-J&J West End Trac con 5s '38-J&J 10 6 81 9 75M 76 M 65 67 95 H 96 M Philadelphia Electric— 3M81967--M&S 109 H 1st gu g 5s '45 opt bef '16.M&N Oregon Elec Ry 3s 1958 M&S Oregon-Washington Water Serv— 1st M 5s 1957 ser A J&D Ottawa El Ry 4Mb '48-'55.J&J Ottawa Light Heat & Power— Ref & coll tr 4s 1957 A&O 94 M 49 M 96 M Philadelphia Electric Power Go— 1st mtge 5Ms 1972 F&A 1125* 96 99 98 101 Old Dominion 38 9 N Y State El & Gas Corp— I 1 104M 105 1st 97 M Omaha & Council Bluffs St Ry— 108 59 107 M 107 1st extd 4s 1947 __J\fcJ Ontario Pow 5s '43 op to *13. F&A Ontario Transmission Co Ltd— 108M N Y & Richmond Gas Co— M&N 96 M 91 A '67-F&A Wat Serv 5s 1st & ref 5s 1950 80 1964 New York State Rys— 1st con 4 Ms 1962 ctft 1st con 6 Ms 1962 ctfs New York Steam Corp— 104 M 107 H Refmtg&colltr3j*s 1964 J&D Ret mtg & coll tr 3 Ms -70--J&J 1st lien 68 A 1949 w Peoria Service Co— 100 1st M 5s 1948 ser A 1095* 1960 109M Oklahoma Natural Gas— 106" M&N F . 1st mtge 3 Ms 1966 Debentures 4s 1946 1215* 107 M 107 _ 107 M 109 Oklahoma Gas & Electric— 105 4Mb 98 106 M 108 M F&A Ohio Water Serv 1st 4s 1964.J&D Corp— 1st mtge 3 Ms lio" 106 108 % 149 112M 1st 109 M 107 M 1165* 105 M / / 84 108 1941-42 Ms 1943-1944 111 B'way & 7th Ave 5s 82 M 14 ser Peoples Gas (N J) 1st 5s ..A&O - 110 N Y & Queens Elec Lt & Pow— 1st & cons M 3 Ms 1965. _M& 62 122 146 116 1075* 107 M & ref 58 series D 1954 .J&D, Electric Co— Penn 109 1165* NY & ER Gas 1st g 5s '44. 62 J&J 4s 1945-1947 Ohio Term (Cleve) Ohio 123 5* 101 M&N F&A Penn Water & Power Co— —F&A Deb g 6s 2024. 1st mtge 3 Ms 1968 Ohio Public Service Co— 3s 1940 3 5*-3 Ms 1075* 108M 105M 90 J&D 1st mtge 3 Ms 1972 Ohio Power Co- New York & East River Gas- New York Rys 13 / F&A 104M F&A Deb g 6s 1950 ser A Deb 5 MR 1959 ser B 1st 1st mtge 4s 115 103 New 98 M 60 1956 M&N coll 1st & ref 4s 1971 J&D 5s 14 103 1st & ref 5s ser H 1962 A&O Pennsylvania Gas & Elec Co— 1st 1 & ref 5Ms '55 ser A..M&S 1st L&Ry 5s 1958 M&S Pennsylvania Gas & Elec Corp— Deb gold 6s 1976 ser A—M&S Pennsylvania Pow & Light Co— 1st mtge 3 Ms 1969 F&A 4 Ms debentures 1974 F&A Penn Water 1st 3 Ms A '67 F&A 105 Deb M&N 8M 8 J&D 58 Pennsylvania 1st M 5s ser A 1957 J&J V'western Telee 1 st 4 M« *44-J&J Northwestern Utilities Ltd— 1st M s f 4s 1957 NY PA NJ Utilities- Light Co 9 Ohio Edison Co— 102 100 ...- 9M 8 income 5s 1953..A&O f 102 104 5* 102 1st 1045* 18 A..A&O 121 1949 8M Oberpfalx Elec 7s 1946 J&D Ogden Gas 5s 1945 M&N Ohio Assoc Telep 4 Ms 1966-J&D Ohio Cities Water Corp— 1st M colltr 5 Ms *53 ser A-J&J New Orleans Pub Service Co— M&S consol gold 5s Penn Public Service Corp— 1st & ref 6s ser C 1947 M&N warr.J&D / f conv 68 '60 ser A.J&J Elec & Gas Paterson & State Line Traction— 5s 1964J&J 84 M 58 Nova Scotia Light & Power Co— 99 Passaic & 108 109 5* 104 M A&O J&D / 15 1966-J&D Parr Shoals Pow 5s 1952 Paterson Ext extd 5s 1950 5 5*8 1960 Penn-Ohio Edison Co— Gas— 4Ms series A 1959 ...J&J Lake— —J&J 104M 1st s 93 M Penn-Jersey Water— Northwestern Power Co Ltd— 1st M 10 F&A Co— Pacific Telephone & Telegraph— Ref mtgle3 M»ser B1966. - A&O 110M Northwestern Pub Serv Co— 70 New Mexico Power— 1st s f 5s 1943 cum M&S / 82 M 56 Northwestern Light & Power— 68 series B 1950 F&A Northwestern Penna Gas— 1st Serv— 1st & ref 4 Ms 1977 1st 5s 1979 38 1st mtge 5s 1941 opt M&S Union El (Loop) 5s g'45—A&O Louisiana orthwest Pub 6s 1950 108M Co— 107 M 108 M J&J 1942. Northwest Pacific Power & Light 1st M 5s 1955 1st J&J 5s 1940 opt Utilities J&D 62 5s, 109 M 1st lien 4-6s 1968 M&N S freg income 3-6 Ms May 1 '69 "west Cities Gas 6s 1949 J&' f g s New England Power— 3 series A 1961 —M&N New England Tel & Tel— J&J 1st Pacific 108M 66 65 5* 64 1125* 1105* 108 M 1st extended 6 Ms 1950..M&N Non-cum inc deb 6s 1950-M&N f Penn Central Light & Power Co— 105M J&D A&O A ser 106 M 1st & ref M 3 Ms ser H '61 -J&D 1st & ref M 3 Ms ser 11966. J&D Pacific Light & Power Co— Pecos Valley Power & Penna Power Co— ortbern orthern States Power 120M 1st 5s 1952 series A__—-J&D 1st 4Mb 1961 ser B M&N Newfoundland Light & Power— Pacific Gas & Electric Co— 1st & ref M 6s 1941 ser B.J&D 1st & ref M 4s ser G 1964 --t J&D Paterson Ry—See Pub Serv Corn Pecos Valley Gasext6 Ms '44M&N 61 127 M M&N 1st lien & ref 6s 1947 B...M&N 1st lien & ref 7s 1946 A 1st & ref 5s 1962- G E L H & P .J&D M&N Convertible deb 5s 1962—J&J New Engl Pow Assn 5s 1948-A&G 95 — 1st & ref 5s 1956 Conv deb 5s 1950 83 105 M 113"" 72 M M&S 105 _F&A 5* 97 Newark Cons Gas con 5s *48- J&D Newark Gas 6s Apr 1 1944--Q-J Newcastle (City of) W 5s '41 J&D 89 44 80 Ref mtge 3 Ms ser C Shore Gas Co of Illinois— Joint 1st mtge 4s ser A *42-J&J 55 124 1941 J&J New Amsterdam Gas—See N Y 1st mtge 5s 1958 New Orleans City & 102M orth 46M 1st 5s 1946__J2&J cons Paterson 26 110M 6s July lsts f 4Mb 1956 New Haven Water— 1st & ref 4Ms B 1970 41M 54 M 30M 45 M J&J Los Angeles Pacific RR— 1st & ref mtge 5s 1943.M&S Conv deb 78 '39-J&J / Deb 5Ms 1954 3 26 22 22 Nebraska Pow 1st 4Mb 1981-J&D Deb 6s 2022 M&S Nev Calif Elec 1st 5s 1956—A&O E Assoc— 105 1 1st coll & ref 5Ms r48 ser A. J&J orth Penn Gas Co— 1st M & lien Debenture gold 58 1978--F&A / Certificates of deposit—.... / Deb g 5s 1947 Oonv deb 5s 1948 102M 103 National Public Service Corp- New England G & 102 104 M a 100 98 1113* Deb 106 M 106 107 M 105 ...M&S 5s 1942 Refunding 5s 1961 _M&S Calif Pac Ry 1st 5s 1941 __J&J Los Angeles Hermosa Beach & Redona Ry 1st 5s '42. M&N Los Angeles Pacific Co— 1st ref g 4s 1950 opt '15. J&J Gen 105 % 5* Nat Gas & El Corp 5s 1953.F&A 5s series B 1947 -J&D Nat Lt & Pow 6s 1949 M&N National Power & Light— Nat Toll Bridge 6s stmp 109 59 M 58 'orth 99 J«J f Deb 5s 2030 ser B 109 M F&A F&A 4s debentures 1959 Nassau El RR—See Bklvn Queens Nassau & Suff Ltge 5s 1945—F&A National Electric Power Co— stamped 1978 lsts f 5s 1952 Iagara Lockport & Ont Power— 1st & ref 58 1955 ser A A&O ippon Elec Pow Ltd (Japan)— 1st mtge 6 Ms 1953 J&J 3Ms debentures 1954 99M 104 101M M&S 1st mtge 3 Ms 1969 Ozark Power & Water Co— Pacific Elec Ry g Lt & Power iagara Falls Power— 1st & ref 3 Ms 1966 M&S 3 Ms debentures 1949. 99 97 ser Bid Bonds Otter Tail Power Co (Minn)— 1st mtge 4s 1961 J&J 110 M 56 56 Morgantown Water 5s 1965--J&J Mount Hope Bridge 5s 1969-J&D / 2d income 8s Dec 15 1969. Mountain States Tel & Tel— 5s Ask Bid Bonds and income and defaulted bonds month preceding the date of issue 108M 8 8 1065* 1st & ref mtge 63 Serial notes— 3-3 Ms 1940-1948 A&O 98 Phila & Garretsford St Ry— 1st 5s 1955 F&A 7 4 10 56 Philadelphia Rapid Transit— Coll tr g 5s 1957 opt s f—F&A 101M 8 f guar 5s 1962 94 M&S 6s gold 1962 100M M&S 1st m r e 6s 1944. J&J 101 ♦Darby Media & Ches St Ry— 1st 4Ms 1936—. J&J / 24 fHest Mantua & Fairm— 1st extd 5Msl939 M&N / 82 Market Street Elev Pass 1st g gu 4s 1955 Ry— M&N 99 Union Traction— 1 Elec & Peo 4s tr ctfs '45 A&O / 13 i People's Traction Co— P P Ry tr ctfs 4s '43. F&A Union Traction 4s 1952.J&J 94 18 * Exchanged for Phila. Trans. Co. 3-6s, 2039, under reorganization plan, t Exchanged for Phila. Trans. Co. 4s, 1969, under reorganization plan. $ Exchanged for Phila. Trans. Co. 3-6s, 2039, and pref. stock under plan. a Called for redemption; see page 111. 5 Basis, e Ex-interest, f This price ; Last sale, n Nominal, r Payable in Canadian funds. includes accrued interest. "and interest" except where marked "t" Quotations for all securities are as near as possible for the closing day of the NOTICE—All bond pricss Phila Suburban Water Co— 1st s f 4s 1965 M&S Phila Transportation Co— are 108 107 J&J 55 K 59 81K 82% Scrip 1st & ret 4s 1969 Phila & West Chester Traction 1st 4s 1954 J&J 1st 6s 1954 ---J&J Phila & Western Ry 5s 1960-J&J 38 Piedmont Hydro-El Co (Italy)— 1st & ref s r 6 %s I960 ser A A&O Pinellas Wat Co 5%s 1959.M&S Pitts Canonsburg & Wash 5s 4 80 98 33 100% 1937 / Deb g M&S 1952-_ J&D / Public Service Co of Colorado— 1st mtge 3Ks 1964 J&D 4a s J&D f debs 1949 Public Service Co of Indiana1st mtge 4s ser A 1969 M&S Serial debentures— 3 Kb Sept 1 1940 3%s 3 %s 3 %s 3%s 3%s 3 %s 3%s 3%s 3%s 3%s 3%s 3 %s 3%s 3%s 3%s 3%s 3 %s ; Ut 3%s Mar Sept Mar Sept Mar Sept Mar Sept Mar Sept Mar Sept Mar Sept Mar Sept Mar Sept & Elec Corp122 109% 108% 3%s ser J 1969.M&S Lake Ontario Water 105 —M&S 101 Gen mtge Rochester & Extend 5s 1951 21 19% 82% 81 70% 80" Transit Corp— 4%sinc A notes 1958.M&S. S f 4%s inc B notes 1958-M&S/ Rome (Ga) Ry & L 5s *40—.A&O' Ruhr Gas Corp 6%s '53 A ..A&O Rumford Falls Power— Gen M 4%s May 1948—M&N 1st s f 4s Oct 1945 A&O Safe Harbor Water Pow Corp— 1st mtge s f 4%s 1979 J&D Saguenay Power 4 %s A 1966 A&O 1st 4%s series B 1966 A&O (111) Gas & El— 5s 1959 M&S St Joseph Ry, Lt Heat & Power— 1st mtge 4%s 1947J&D 44 46 104 102% 104 106 106% 75% 106% 76 Non-cum 6s (ws) 1951-Southern Utah Power Co— 1 1943 102 Southwest Telephone Co— St Joseph Water 4s A 1906—A&O St Louis Co Gas 1st 5s 1951.A&O 105 4%s Jan St Louis Public Service— 1st mtge 5s 1959 1st M 5%s May —M&S 63% 9% 95% Southwestern Assoc Telep 1st M 5s 1961. 10 103% 104 102 F&A Water Users F&A 111 Salt River Valley Assn 6s 1941 100 102 100% 102% 101 103 102 & Electric— M&S 1 1942-.. 1 1942... 102% 102% 105 Serial notes— San Antonio 103 1 1945... 102% 102% 102% 1 1945... 102 1 1946... 101% 102% 101 102 1947... 1 1947... 100% 102% 100 101 1 1948... 99% 100% 1 1948... 99 100 1946... 1 1 ' 98% 99% 98 1949... 1 1949 99 Public Service Co of N H 3 %s ser O 1960--F&A 3%s ser D *60--M&N 1st 3 %s series E 1961 F&A 1st 3%s series F 1966 J&D Public Service Corp of N J— Trust certs 6% perpet—M&N Camden Sub 1st 5s 1940-J&J Eliz Plalnf & Cent Jersey Ry— 1st g 5s Dec 1, 1950—J&J Eliz & Raritan Riv 5s '54-M&N 1st mtge 1st mtge '62-A&O 1949..-M&N Elizabeth & Trent 5s J O Hob & Pat 4s Paterson Ry 2d 6s '14 ext 5% to 104 106% 104% 103% 104% 150% 153% 104 89 89 103 70 73 15 1941 15 1942 15 1943 15 1944 4s Apr 15 1945 4s Apr 15 1946 4s Apr 15 1947 4s Apr 15 1948 San Diego Consol Gas & Elec— 1st mtge 4sMay 1 1965—M&N San Francisco Bay Toll Bridge— 1st M sink fund 6%s *57.M&N / Deb s f 7s 1942 M&N / San Joaquin Lt & Power Corp— Unif & ref 6s 1952 ser B..M&S San Jose Water Works— 1st mtge 3 %s ser A 1961—J&D Santa Barb Tel 3 %s ser C*66 J&J Sandwich Windsor & Amherstb'g Ry debenture 4%s 1943..J&D Savannah Elec Co 1st 5s '52.J&J Savannah Electric & Power Co— 1st & ret 4s ser D 1947 QJ 1st & ref M 5s ser F 1955-M&S Savre (Pa) Elec 5s 1947 A&O Schenectady Ry 1 st 5s Mar 1, '46 / Scioto Val Ry & Pr 1st 6s '43. J&D '44-A&O 95 100 Public Service Co of Nor 111— F&A 106% 1st mtge 4s ser A 1966 Public Service Co of Pa 1st lien & coll 5%s '53 B1981.F&A 5s'59.A&0 A&O Income 3sApr 1 1959 M&N f Seattle Gas 1st 5s 1954 A&O J&D Pub Serv Coordinated Transport 1st & ref 4s 1990 J&J J&J -J&J J&J Public Service Elec & Gas Co— 1st & ref M 3 Kb 1968 J&J 1st & ref 5s 2037 J&J 1st & ref 8a 2037 J&D Public Utilities Consol Corp— 1st M 5Kb 1948 M&S 1st coll 4-5 %s 1948 A&O Puerto Rico El Pow 4s to 56.J&J Puget Sound Power & Light 1st & ref 5Kb 1949 -J&D 1st & ref 5s 1950 ser O M&N 1st & ref 4 Kb 1950 ser D. J&D Quebec Power— 1st & coll 4sl902 M&S Queensboro Gas & El 5s '52.J&J Conv g deb 5 Kb '52 ser A. A&O Republic Service Corp— 1st coll trust 5s 1951 J&D Rhine-Ruhr Wat Serv Union— Extl deb 6s 1953 —.J&J / Scranton Trans ser A 4s series 107 70 110 95 98 111% 16% 18% 111% 142 150 3%s 1946..M&N Shenango Valley Water— 4s series B 1961 A&O Shinyetsu Elec Pow (Japan) 1st sink fund 6%s 1952 J&D Conv coll 210% 61 II * sec W* 94 63 1st & ref 5s 1960 ser A 104 105 106 Debenture 67% 6s gold debs 69% 68 65 108% 71 110% 105 103 103% 44 125 127" 9 71% 75 78 Standard Public Service Corp— F&A J&D 75 M&N / A&O / Conv deb 6s 1938 1 8tettin Pub Util 7s 1946 86 71% 71% 71% 71% 71% 70% Standard Telephone Co— 1st 1 coll tr 5%s '43 ser A.M&N / Certificates of deposit / 100 105% 105% 77% oo F&A 1957— Standard Power & Light Corp— Deb g 6s 1957-... F&A 1st lien 6s series A 1948 1st lien 6s 1948 ser B 108% 78 f ■ 92 92 13 14 Steuben ville Wellsburg & Weir ton 105 SI* 98 11 78% Ry 1st 5s 1951 A&O / 18 115 Syracuse Gas g 5s 1946 J&J 122 Syracuse Lighting 5s g 1951-J&D 18% Syrac Rap Tr 1st g 5s 1940-M&S f 2nd mortgage 5s 1930 J&J t o8* / 30 Syracuse Transit 4s 1969 .. 53% Taiwan El Pow s f 5%s 1971-J&J 96% Tampa (Fla) Gas 5%s '50. .A&O 90 1st 5s 1961 A&O 72 73% 73% Telephone Bond & Share Co— Deb 5s 1958 J&D Telephone Service (Ohio)— 5s 1953-.. M&N Temescal Water 1st 5s A '60 M&N 61 63 62 64 60% 62% 32" 57% 98 93 Tennessee Eastern Elec Co— 102 72 — s 101 65 103 98 22% 26" 109 M g 5s 1944 M&N Texarkana Wat 1st 5s *58..F&A 1st 96% 100 F&A M&N f 6s Beries A 1955 74 93 . 1st M 5s 1943 Ref 73 Ternl Hydro Elec 6%s 1953.F&A Terre Haute Traction & Light— 102% con 105 3% 3% "4% 105% M&S M&S 104% 102% 14% 104% J&J 5s 1942-1946 J&J Sioux City (la) Serv 6sl951-J&J mtge 5s 1960 Texas Gas Utilities Co— 105% - 105% South Carolina Power Co— 1st lien & ref 5s 1957 J&J 6%s 1st 101 & ref 5s 20 83 98 90 92" J&J 1956 M&S 115 117% 106% 107 M&N 1956 Texas Pub Serv 1st 5s (w-s) 1961. Texas Traction Co 5s 1937.-J&J 104 18 M&S 1956 Texas Power & Light— Deb g 6s 2022 ser A Somerset Un & Middlessex Ltg— Mtge g 4s Dec 1, 1943—-J&D South Bay Consolidated Water— 1st ref 5s 1950 M&N Texas Pow Corp 6s 4% 81 Texas Hydro Electric Corp— 1st mtge 6s ser A 1956 A&O General 103 J&J M&S / 1st 2-6s 1951 18% 100% 3s 1941 J&J / opt—J&J / 1st J&J 1st mtge 4s 1960 Serial debentures— 16% 70 66 Texas Electric Service Co— Silesia Elec Corp s f 6 %s'46 -F&A Sioux City Gas & Electric Co— 65% 106 68 6s stmp ext 85 89% 63% 100 105% 6s stmp ext Debenture 6s Texas Elec Ry 5s 1947 Tex Trac 1st 5s 1937 1st 5%s ser B 1957. 88% 106% 98% May 1 '48--A&O May 1 *48--A&O 1951 F&A 6s 1966 J&D % 134% Sierra Pacific Power Co— 117 105% 106 Convertible notes— 72 94% 61 104% 54 Shreveport Rys— Gen income 4s (w-g) 1957-A&O 99% 96% 103% 1952-.J&J 5s'55_F&A Shrevp't Bdge & Term 100 96 M&S Shawinigan Water & Power Co— 1st M&col s f 4%s'67 ser A A&O 1st coll tr 4%s ser D "70-A&O 1st coll tr 4s ser F 1961 A&O 1st coll tr 4s ser G 1969--J&D 98" 102 105% 111% (Free bonds) Stamford Water 1st 5s 131 Second Ave Trac—See Phila Co- 73 111 85 B1959 Seattle Lighting Co— 1st 5s 1944 70 104 % Standard Gas & Elec of Del.— 97 96 64 53% 108% 10 68% 68% 110% 105% 1st & ref M 3 6s 1940 110 104% 1st & ref 5s series 108% 67% a — 100% 100% 100% A...F&A 1st & reins i967 ser ^ 1st mtge 3 %s 1968 A&O Public Service Co or Oklahoma— 1st & ref 6s 1990 105% 101 1st 4%s 1958 M&S Scranton-Spg Brook Water Serv— 124 _ 1st & ref 5s 1990 1st & ref 5%s 1990 105% Scranton Gas & Water Co— So Jeisey Gas El & Trac— Guar g 5s Marchl .1953.M&S 67 1st mtge 4s ser A 1956 A&O Springfield (Mo) Gas & Elec Co— 1st mtge 5s 1957 ser A—J&D Springfield (Mass) St Ry— Ref & gen 6« 1940 M&S Salmon River Power— Guar 5s 1952 581919 54 8 Springfield City Water— 109 ....F&A 6s 1943 F&A Angelo Telep 1st 5s 1958 F&A 85 50 Southwestern Bell Telephone— 96% 4s Apr 4s Apr r Public Service— 1st mtge 4s 1963 A&O 1 J&D Co— A&O 64% 102 Light— 5s 1944 San Antonio Gas 103 80 M&S B 1947 1st 6s series C 1947 .—.M&S San 100 (Okla)— f 6s 1954. %8 ser B '64. J&D 1st & ref M 3s ser O 1968--J&J Southwestern Gas & Elec Co— 1st mtge 3%s ser A 1970..F&A Southwestern Light & Pow Co— 1st mtge 3 %s ser A 1969.- J&D Southwestern Power & Light— Deb g 6s 2022 series A M&S Southwestern Public Service Co— 1st M s f 6s 1945 ser A_—J&J Southwestern States Telep Co— 1st M 6s 1948 M&S 1st 6s 1949 Spokane Gas & Fuel 5s 1944.F&A Spring Brook Water Supply— 1st ref 5s 1965—— .—.A&O Spring Val Util ref 6sT943—J&D B70A&O 101 1 1944... s 1st 6s series 105 May 15 1964.. / 102 1944... 100 102 ... 1941 1 43 f 102 debentures— 3%s Jan 1 1941 4s Jan 1 1942 103% 100 94 Southern United Gas Co— Serial 6s 1942 103 124" A&O 4s Apr 4s Apr 106 106% 1942—A&O 68 St Paul Gas 105 105% iM* M&N S'west Nat Gas inc 6s 1966--A&O S'west Pub Serv 6%s 1937--M&S / Conv n-c inc 4s 42 100 5%s ser 11*45 A&O 1st & refine 10-year coll s f 6s 1st St .Maurice Pow 4%sser 106 1 1943... Southern Union Gas— 1st & ref 5%s series 11945 61 — Southwest Gas Co Gen gold 40 1 1943... Corp South N E Telep 1st 5s 1948-J&D Southern Trac—See Phila Co 12 105% 56 102% 109% 105% 104% M&N (Fla) 5s *53_J&J Adj mtge inc Jan 1 6s '60-A&O 1st M plielines f 4%s '51 A&O Southern Nob Pow 5%s B'47 J&J 59 66 51 105% (Calif)— 4%s 1968 Southern Natural Gas 57 101 50 105 J&J 1, I960.-M&S Southside Va Pow 5s 1956 F&A 111 111 110% 66 115 1 1941 1 1st g 6s 1947 series A Southern Counties Gas Southern G & E St Clair County 111 103" '65. F&A 1 Southern Colorado Power Co— 109% 107% Rochester 1st cons guar 68 108% 109% M&S 1901 1st & ref 4%s 1st M S f 92 108% 108% 4%s 1962 A&O Southern Cities Utilities Co— 1st lien & coll 5s 1958 A&O 71 D.M&S 3%s series H 1907-. M&S mtge 3%s ser 1 1967.M&S Gen 108% 104% 108% 108% May 1 I960-J&J 1st M & ref 4s Aug Gen 12 Prussian 86% Geh mtge 4 %s 1977ser 104 107% 103% Southern Canada Power— M&S 5s 1953 Rochester Gas .... Public Gas &Goke 5s 84% 105 113 Southern California Edison— Ref mtge 3 %s 91 60 112% Ref mtge 3 %s ser B I960—J&J Southern California Gas Co— 89% 5e 1950— A&O Roanoke (Va) Gas Light— 1st 5%s 1951 F&A Roanoke Ry & El 5® 1953..F&A Rochester Central Power Corp—• 6 „ - 1952——..J&J 106% 12 55 1st lien 6s x-w 1941 105 105 8 J&D J&D S'eastern P & L deb 6s 2025.M&S Southern Bell Telep & Teleg— 3%s debentures 1962.—. A&O 3s debentures 1979 J&J 1st lien 6s 1944 14% 14% 15 Valley Gas Co— Rio Grande Ask Cor P Southeastern Gas & Water Co— 15 1st mtge ... 1916 Elec 6s 1954 4s 1st coll tr t 5% K Pittsburgh Rys—See Phila Co Pittsburgh Suburban Water Serv 102 1st 1 & ref 5s 1958 M&S 12 Pittsburgh Trac 1st 5s 1927-A&O 107 Flainfield-Un Wat 5s A '61.M&M 101 Platte Val Tel 1st 4%s '58-M&N 11 Pomerania Elec 6s 1953—M&N 18% Portland Elec Pow 6s 1950-M&S Portland' (Ore) Gas & Coke— 90 1st & ref g 5s 1950 J&J 81 Stamped 79 1st I'n & gen 4%s 1950—J&J 105 K Portland Gas Co 1st 5s 1951 -F&A 100 K Portland(Me) Gas L 5s A'50 A&O Portland General Eletric Co— 70 1st & ref 4%s 196u M&S 106 1st M 5s exten to 1950 J&J 87 Portland (Me) RR 3%s 1951 -J&J 99 1st 1 & con m 5s 1945 M&N 75 Porto Rican Power 6s 1950-M&N 50 Porto Rican Rys Ltd 5s 1962M&N Postal Teleg & Cable 5s '53-J&J / Potomac Eaison Co— 108% 1st mtge 5s 1956 ser E—M&N 108% 1st M 4%s 1961 series F__A&0 Potomac Electric Power— 107% 1st mtge 3%s 1966 J&J power Corp of Canada Ltd— 66% Conv deD4%s 1959 Ser B-M&S 99 Conv deb 5s ser A 1957—J&D 101 Power Secur coll tr 6s '49. .J&D 104% Providence Gas 4s ser B 1963 F&A Provincial Light Heat & Power— 5s Richmond (Ind) W W Corp— 1st M 5s 1957----------M&N Richmond (S I) Lt & RR— 48 Philippine Long Distance Tel— 1st 8 f 6s series A 1953—-J&J Bid Bonds Ask South Jer G E & T—See Pub Serv ice M&N / M&N f Con mtge 6s 1953—--—F&Ai/ Cons 6s 1955----------A&O/ 63 and income and defaulted bonds month preceding the date of issue (Germ'y)| Rhine-Westphalia El Pr Mtge g 7s 1950— Direct mtge 6s 1952 56 J&J mtge3-0s 2039 Bid Bonds Ask Bid Bonds Consol 77 PUBLIC UTILITY BONDS August, 1940] / r 100% 74% 102% 103 II a Called for redemption, seepage 111. Canadian funds. b Basis, e Ex-coupon. / This price includes accrued interest, k Last sale, n Nominal, r Payable in PUBLIC 78 UTILITY BONDS NOTICE—All bond prices ere "and interest" except where marked "f" Quotations for all securities are as near as possible for the closing day of the Bid Bonds Third Avenue Ry (New York}— 1st ref g 4s 1960 opt aft 14 J&J 5734 10% 79 82" 65 g 70 50 98" Toho Electric Power (Japan)-— 76 A—M&S15 Tokyo Elec Light Co (Japan)— 1st g 6s 1953 series.--J&D15 Toledo Edison 314* 1968---J&J 1st mtge 3 j^s 1970 A&O 1st s 334s f 7s 1955 ser b f debs 5534 79 57% 107 10434 10034 I960--—---A&O 108 105 34 72 Traction Term'l Corp 5s 57--J&J Trenton G & El g 5s 1949—M&S 101 75 120 40 Trenton St Ry ext 5s 1968. _-J&J / 10234 Tri-County Telep 43*s B '56 A&O 3 Troy City jRy 1st cons 5s '42 A&O Twin City Rapid Transit Co— 1st lien & ref 534s A1952—J&D 1st lien & ref 534s B J 952--J&J Twin States Gas & Electric--— 104 1st 1 & ref 534® 1945 Ser A_M&8 8* Tyrol Hydro-Electric Pow Co—1st M s f 734s 1955 M&N / 12 Guar s f 7s 1952 F&A / 12 UJigawa Elec Power (Japan)— 1st M s f 7s 1945 M&S15 Union Electric Co of Missouri— 107 ys 1st mtge & coll tr 334s 1962 J&J 102& 8% notes, 1942 ——- J&J Union Elev RR—See N W Elev 92 Union Gas & El 1st ext 5s '40M&S 1st serial 4 34s 1943-45 61 J&D J&D J&D _ Union Passenger Railway— ist 4s Mtir 31 1961 2d ext 4s Mar 31 1960 6234 9934 10734 104 88 Assoc 74 80 96 107 Bear 1st M 5s 1956 28 ser 66 69 88-34 90 _ 1959—A&O .10734 M&N lfeU 85* United Public Utilities Corp— Conv coll tr 6s A 1960 J&J 100 Oonv coll tr 53$s B 1960—J&J United Rys Cos 4% ctfs *49f 40 Unlted Railways of Havana— Eq 734s Feb 15 1936 1 / United Rys of St Louis— Gen g 4s July 1 1934 / City & Sub Pub Serv 5s '34.J&J / United Securities Co Ltd— Coll s f 534» ser A 1952--M&N Coll s f 534s ser B 1952—M&N 8 — Bell 10834 8834 11834 88 92 Bell 10134 6234 6334 66 6634 66 6534 10134 7834 101 103 10534 Class B 45 34 109 55 _ A&O 10834 Wisconsin Hydro-Electric Co— 1st M 5s 1947 A&O 99 10034 Wisconsin Michigan Power Co— J&J 1961 mtge 334s 40 107 10634 4s June 1 1941 34 35 102 1st mtge 4s 1961 J&D Wolverine Pow adj 4 34® Mar 1 '59 Worcester Transit Association— Cum Income 6s 1952 J&D 38 38 93 United Telep Del 6s A 1948 A&O 101 United Tel & Tel 524s A '53-M&N 1st lien 6s ser B 1953 M&N 10134 United Traction (Albany)— Con g 434s 2004 J&D / 334 Unit Trac (Pgh)—See Phila Co 14 Upper Mich Pow & Llghtr— 1st mtge 4s ser A 1959...F&A 9934 Utah Lt & Tr 1st 5s 1944 A.-A&O 1013$ Utah Power & Light Co— Deb 6s May 1 2022 M&N 9634 101 1st lien gen M 5s 1944—F&A 99 1st lien & gen M 434s 1944.F&A Utica Belt Line Street Ry— 1st 5s 1939--M&N f 234 Utica El L & P 1st 5s 1950—J&J 124" Utica G & El ref & ext 5s '57 J&J Co Bldg (Kanata Realty)— 5s 1956 F&A 101 Utica & Mohawk Valley Ry— 1st 434s 1941. -M&S / — — _ J&D / . 10134 9734 10134 9934 123" Virginia Electric & Power— 1st & ref M 354s B 1968..M&S Virginia Public Service Co—■ 1st & ref 534s 1946 ser A—F&A 1st & ref 5s 1950 ser B....J&D 1st & ref 6s ser O 1952 M&S Deb s f 6s 1940 F&A Washington Gas & Electric Co— 1st s f 534s 1947 F&A 1st M 534s 1953 J&J 1st M 5s 1955 M&N 1st lien & ref 6s w w 1960-F&A Washington Gas Lt 5s '60—M&N Washington Ry & Elec Co— Consolidated 4s 1951 J&D Anacost & Pot 5s 1949.. -A&O 1st guar 5s 1949 —A&O City & Sub 5s g 1948 F&A Washington Water Power Co— 1st mtge 3 34s 1964 -J&D Waterloo Oed/Fails & No Ry— 1st M s f g 5s 1940 J&J / Certificates of deposit.. / , 10934 15" 10334 103 99 105 103 34 9934 77 77 72 79" 5234 54 74 124 10834 109 101 103" 101" * * * Alabama Water Service 6% pref.* Allegheny Traction—See Phila Co Allentown Beth Gas pref 50 — Corp_____i * 57 preferred57 second 2nd pref series A 56 cum pref -— Warrants 734 734 3 36 3634 18 100 * com 1 Carolina Pow & 1 9734 9734 9634 Light 57 pref 56 preferred Carolina Tel & Tel. Casco Bay Lt & Water ... 100 — * * 100 100 100 * * * 102 101 9334 80 82 95 100 10 100 * American Light & Traction. —25 0% preferred- — 25 Amer Powet & Light com * 56 pieferred. .... ,* 56 preferred. .* Amer Public Serv 7% pref...100 Amer Railways com 50c American Service 53 preferred._* Amer States Utility com 1 634% preferred 25 Amer Superpower Corp com....* First 5b preferred..........-* Preferred 56 series • American Telep & Teleg—...100 Amer Utilities Service com * * * 6% preferred 234 134 15 4 13 33$ 33$ 111 50 Cent Hud G & El 5834 2% 134 1434 334 1134 HI 34 2% 334 14$ 1434 2734 334 26 * com— 434% preferred ...—100 Cent Illinois Light 4 34 % pref.100 Cent 111 Pub Serv 56 prerl * Cent Indiana Gas 634% pref.100 Cent Indiana Power 7% pref 100 Central Kansas Power 6% pf-100 7% preferred- 100 Central Maine Pow $6 pref... 100 6% preferred........ 57 preferred Central N Y Power Corp— 100 100 .....100 5% preferred. 50 86 Cent Ohio Lt & Pow 6% pf * Central Pow & Light 7% pref 100 fk* 89 334 6% preferred Cent & S W Util 50c com— 7* J 67 1034 16234 10c 20c 534 6 * 834 9 11134 90 92 J* 5 — 2034 2034 99 9934 34 2C 2 83 83 2534 2434 35 95 113^ 12 2 10734 102 105 10 95 106 108 102 1.10 43 1434 11334 111 80 78 80 100 103 100 100 107 9934 94 110 10134 634 103 1 34 107 93 534 69 634 64 8834 9534 ... com / Flat price, k Last sale, n Nominal, r com 34 Canadian price, 1 2 10c ctfs—* Pref partic ctfs •— * Chicago Rys partic ctfii ser 1—100 Series 2.. 100 Series 3 ......—100 Series 4 -100 Cincinnati Gas & Elec 5% pf 100 Cincinnati Street Ry.. 50 Cincin & Suburb Bell Telep—50 Cities Service com..... 10 Preferred -—100 Citizens Utilities b Basis. — 1734 Citizens' Pass Ky—See Phila R T Citizens Traction—See Phila Co 111. 1934 - 1734 ......... 11234 107 Central West Co. v t c Chic City & Con com part 57 preferred Citizens Gas Fuel see page 1934 60 x 6234 334 131 129 40$ Preferred BB Called for redemption; "734 2334 115 6234 6 34 10534 preferred Cities Serv Pr & Lt 56 pref a 108 -—* Central States Edison..— * Central States Pow & L $7 pf--* Cent Vermont Pub Serv 6% pf-* iien Preferred B No par value, 2334 -—-* Prior "234 162 -100 Preferred 34 25 Amer Wat Wks & Elec com $6 preferred-.; 57 preferred Cent Arkan Pub Serv Corp pf 100 Central Elec and Tel com ..1 .... * 534 165 Wireless Ltd— Capital Transit (Wash, D C) , 56 1st preferred * Appalachian EI Pow 7% pref ..* 6% preferred * 10934 — 3434 1434, Ordinary shares Amer deprec 734% A ord—£1 Amer dep rec B ord—£1 Amer dep rets 534% pre! £1 Jallf-Oregon Power Co— 6% preferred series of 1927-100 6 % preferred 100 Calif Water Serv 6% pref 25 Calif Water & Telep 6 %pref. -25 6% preferred — 6% preferred 10834 . 3634 4234 334 34 * Canadian Marconi..... Warrants. 10234 10234 42 Central Arizona Lt & Power Co— Alabama Power 57 pref 434% cum preferred.. Amer Gas & Power com 110 Certificates of deposit Canada Nor Pow 22 PUBLIC UTILITY STKS. Amer Gas & Elec com - 3634 * .... 6% preferred Amer & Foreign Pow com 3 113 * Camden & Rockland Water-.100 96 J&D / Amer Cable & Radio 10534 * . 121 . 5s stamped 1947 $6 preferred $5 preferred .... 10 14 44 80 York Haven Wat&P 1st 58'51J&D York Rys 1st M < 5s *37 opt.J&D — Utilities Public Service Co— Conv 6s 1933-J&D / Vermont Ltg Corp 1st 5s*44 A&O / 11034 41 86 J&D Wuerttemberg (Germany)—See Conso) Hyaro-Elec of Wyoming Vail P 8 6s 1971—A&O / 18 Yonkers Ry—See Third Ave. Ry York (Pa) Gas 1st 5s 1941.M&N 100 Unterelbe Power & Light Co— / 109 Cum income 6s (w s) 1952. _ 334 48 55 ......... Wisconsin Public Service Corp— 35 77 334 20 * Bklyn Teleg & Meas'ger (gu).100 Brooklyn Union Gas * Buffalo Niagara & East Power— 51-60 prior preferred 25 55 1st pref .* Oable & 55 8634 _ .J&D 1st mtge 4s ser A 1966 Serial debentures— 108 107 84 75 c c—25 Brooklyn Edison 100 Bklyn Manhat Transit * 56 preferred series A * Certificates of deposit ..* Bklyn & Queens Transit com * 56 preferred-. ♦ 47 32 10834 14834 118 47 10( com 148 52 80 85 Brockton Gas Light Co v 10234 Wise Elec Power 334s 1968-A&O Wise Fuel & Lt 1st 5s 1948..M&N 1st JRy 534 96" 117 25 Bridgeport Gas Light. Bridgeport Hydraulic Co Brit Col Pow Corp A 105 Williams port Water Co— 1st M 5s Aug 1952 ser A...F&A Winnipeg Electric Co— Gen 4-5s series A 1965 J&J Gen inc 4 *5s ser B 1965 J&J Wisconsin Power & Light— 9534 r Brazilian Tr Lt & Pow ord... 8" 434 100 —.25 ...100 new com 2134 4 r Birmingham Elec 57 pref » 56 preferred* Birmingham Gas common.... 2 $3.50 prior preferred— 50 $6 preferred 10 Birmingham Wat Wks 6% pf_100 Blackstone Va* Gas & El pref.100 Boston Elevated 16 101 - 10 2134 Telep of Pa 634% pref... 100 Boston Edison Co 1.75 108 100 Beverly Gas & Elec — 50c 131 ... 103 1st mtge 334s 1966-. Telephone (Canada) — 1.60 Hudson Biddeford & Saco Water Wisconsin Gas & Electric— 10234 30c Canadian Price 92 M&N B * 100 ..25 100 100 com 2 105 11834 River Bdge—* Beauharnois Power com * Beaver Valley Water 6% pref.100 10234 9834 9934 10034 Mt 102 » v t c Bangor Hydro Elec 7% preferred.. 6% preferred. 13 % 100 .... 10334 12 10 ....._* Preferred 234 10234 -M&S F&A M&N 1st M 5s 1941 opt Wichita Water 6s 1949 1st M 5s 1960 ser O— Lt&Rys (Me)6s A'52 A&O Deb 6s 1973— J&J Un Lt Rys (Del) deb 534«-52 F&A 11 9 2634 9 loo Class A 76 15-year s f 6s 1952 M&N Wat 5s '52—J&D 10234 Westphalia United El Pr (Germ) 1st M a f 6s 1953— -J&J / 1434 Wheeling (W Va) Electric Co— 87 United Atlanta Gas Light 6% pref Atlantic City Elec 56 pref-. Bait Transit Co ▼ t c Westmoreland 102 M&N 11034 5 2534 Assoc Telep & Teleg 2 Mut Un 6s ext at 5%to'4lM&N Western Utilities Corp— 11554 • Telep Co Ltd 51.25 pf—• 56 pref » 107 57 1st preferred Fdg & R E M 434s g *60.-M&N 25-year g 5s 1951 J&D 30-year 5s Mar 1 1960 M&S ^ * _* * * 12234 10834 —J&J M&N % 34 34 134 34 * 105 3 34 % coup notes 1946 J&D Western N Y Utilities 5s *40. J&D Western N Y Water Co— 1st M 534s 1950— M&N 1st M 5s 1951 M&N 1950 1 ... see Investing Companies Associated Public Utility .79 4s 1948-1953 A&O Western Cont Util 6s 1944.-M&S Western Mass Cos— 92 8434 Option warrants i Assoc General Utilities— 106 105 Deb s f 6s extd 1950 Western Public Service Co— 1st & ref 534s 1960 F&A Western Union Telegraph— 63 65 26 116 734 1 Original preferred... 54 preferred 55 preferred 56 preferred-. 5634 preferred 57 preferred 74 J&J 64 United Elec Rys (Providence)— Gen ref M 5s Jan 1951 ser A— Gen ref M 4s Jan 1951 ser B— United Electric Service (Italy)— Extl 1st s f 7s 1956 ser A..J&D United Gas & Fuel (Hamilton)— 1st s f 534s 1948 J&J United Light & Power Co— Vesten Elec Ry 7s 1947 113 2 10 * .* com Common class A 11634 11034 10534, 110 134 * 6% preferred 10434 11634 1st mtge 334s ser A 1969.M&N West Virginia Ohio River Bridge 3 34-6J4S, 1960 J&J B * Arkansas Pow & Lt 57 pref 107 48 50 common Associated Gas & Elec 1st M 5s 1963 series E M&S 1st M 334s ser I 1960 J&J 1st M 3s ser K 1970 M&S West Penn Tr 1st 5s 1960—J&D West Philadelphia Pass Ry— 1st 5s series 63 _ Union Union Traction—See Phila R T Union Water Service Co— First lien 5Ms *51 ser A-M&N Unit Elec Co or N J 4s *49--J&D Debg 634 s 1974— 1st 1 & consol 5>4s Deb g 6s 1975 9834 10634 Westchester Elec—See 3d Ave Ry Westchester Lt 1st g 5s *50--J&D 30 ...1 ; 6% preferred-... Arkansas Nat Gas 104 6% preferred— West End Trac—See Phila Co West Ohio Gas 1st s f 5s 1958J&J West Penn Elec deb 5s 2030-A&0 West Penn Power— Gen mtge 334s gtd 1967 Westchester Service Corp— * Class A West Virginia water Service— 1st mtge 4s 1961 A&O 61 A&O A&O Ry—See Third Ave Ry Common.. 85 80 102 West Texas Utilities Co— 6434 1st 434s 1950 Union Gas System— 1st M & coll s f 5s 1948-—J&D Edison com Arizona Power 56 preferred Arkansas Missouri Power— 115 334s 1956 A&O 2d extended 534s 1956...M&N 4 Bid Arizona Waukesha Gas & Electric Co— 1st 5s 1959 J&J West Canadian Hydro-Electric— 1st 6s ser A 1950 J&J Conv deb 6J4s 1945 J&J West Coast Telep 1st 4s '64-M&S West End St Ry—See Boston El 1st ext Union Gas Co. oi Canada— 1st serial 4s 1940-42 Stocks Ask Bid Bonds 56 M 19 34 5s Jan 1960 opt - A&O f Third Ave RR 1st 5s g*37. - J&J / Union Ry 1st 5s g 1942—F&A Westchester El 1 st 5 b g 43 - J&J Yonkors Ry 1st 5s 1946--A&O Tide Water Power 1st 5s *79-F&A Adj inc Ask and Income and defaulted bonds month preceding the date of issue 234 x Ex-dividend. "3 " Quotations for all securities are as near as Par\ Stocks 102 100 40 * -.100 _. 115 21 106% 5 34 o 79% i% 11234 11334 30% % k 1% 8 7 42 24 % 25% 15* 70 Gen Telephone Corp com 98 103 i ...100 preferred 6% Community Pub Ser com — —25 Community Water Serv com—1 7% preferred -—* Concord Elec Co 6% pref 100 Common : • Conn Gas & Coke Sec pref Common * * Connecticut Light Sc Power 17 82.50 116 42 58* 60 119 52 6* rl* 9* 81* _.* 100 4%% Prel series B Cons Edison Co of N Y com— 11434 28 % 29 Germantown 28 30 157 7% pref class A Hamilton Bridge common 14.50 preferred 100 -100 7% prior preierred._ 92% Oontlnen Pass Ry—See Phila R T Crescent Public Service com 1 2 100 100 40 Cuban Telep common 6% preferred ; Cumberland Gas com 7 % 1% 100 100 100 6% preferred— * Danbury & Bethel G Sc E pf 25 Dayton Pow & Lt 4 34 % pref.100 & Light 6 > preferred 5H % preferred 108 105 117 * 100 Preferred. 11034 10* 113 Detroit Int'l Bridge new com— Du&e Power 100 2 100 100 100 65c 6% 1st pref stamped 100 6% pref B8tock-.-100 5% adjustment stock -.100 Eastern Mich Transportation— 64 >--100 6% preferred States Eastern Util Assoc Conv stock 4 2 19 22 70 28 75 --—* * Electric Ferries common———• 6% preferred— —— 100 8% preferred 100 Elec Power Light Oorp-_——* 87 preferred * $0 preferred* 2d pref series A Optional warrants — El Paso Electric Co (Del) — Preferred series A 7% 100 El Paso Nat Gas com 3 7% Preferred ——100 Eliz & Trenton RR com 50 Preferred 50 Ellsabethtown Water Cons 100 Elizabeth Consol Gas 100 Empire & Bay State Tel (gu) 100 Empire District Elec 6% pf-.lOO Empire Gas & Fuel Co pf 8% -100 Preferred 7 % 100 634 % preferred 100 6% preferredEmpire Power Corp— See Investing Companies. 5% "5% 3334 3034 llH 16 % % 1 95 32% 34 110 57 62 115 220 85" 70 70 74 73 74% 68 81 66 69 74 Fed St Sc Pleasant Val—See Phila a 79 83% 85 8 90 48 Company——————50 European Elec class A——.10 Fall River Elec Light.... 25 Fall River Gas Works.. 25 Federal Light Sc Tr com 15 Preferred (86) —-* Federal Power Sc Light com 50 9 81 — Fairm't Pk & Hadd Pass Ry—See * 52 10 7% Phila R T 58 53 22 13% 87% „ Co. % 14" 99 - - - 12 11 - % 114 « - $6 preferred 50 * * 36 58 34 10734 100 108 110 110 79 112 14 18 18 General Service— * International Power Co 1st preferred-. Internat Power Securities 15% 110% 111 2,„ 2% 2% 8 72 2 70 » "2% 2% 2% 7I* 7!* 15 Units. International Telep & Teleg Foreign share ctfis International Utilities— 6 100 * 100 100 * 24% 109 % 4 34 25 2% 2% "2% 23% 26% 4% 3 Investing Companies. Interstate Natural Gas__ Interstate Power pref 87- * * 86 preferred Investors Telephone com Iowa Electric Co— __* * 7% preferred —.100 Iowa Elec Lt & Power Co— - 6% preferred A 7% preferred O 100 100 7% pref—.100 3% 2% 13% 7% arrear certificates Italian SuperpowerSee Investing Called for redemption, see page 111. 15" 7% prior preferred Mexican Northern Ry 100 com Preferred... 106% 1023^ 106 % 107 * .* - 4% 94 * - 24* 4% 5 25c .— 4 100 Mexican Utilities preferred Water Pub Service 8 4 100 100 106 53 6 1033^ _* 48 5 ? 5* 4 ...» 5% 5 4 % % % 94% 83% 95 81% 83% nn6/s 85 90% 83" 81% 114 12°% % 101 * wii 4% Monongahela L Sc P—See PhllaOo Monongabela St Ry—See PhllaOo Monongahela Valley Water— 7% preferred 100 Monon-West Penn P S 7% pref 16 Montana Dakota Utilities com. 10 5% preferred .100 6% preferred 100 Montana Power 6% pref.. * 98 27% 6% com - Montreal L H & Pow Cons Montreal ...--40 Montreal Tramways com. 100 Mountain Fuel Supply 10 Mountain States Power com 5% preferred Mountain States Tel A Tel 29" 734 81 79 89 91 10534 104 * Telegraph. 17% w* 40 r r 40 6 * 634 1734 1734 .50 4534 12934 100 Narragansett El 4%% pref w i.50 Nassau & Suffolk 7% pref— -100 National City Lines com 1 Class A 10 $3 conv preferred 60 National Gas & Elec com— 10 National Power Sc Light com * $6 preferred Nebraska Power 7% 1st pref 100 6% preferred 100 Nevada-Calif Electric com 10 Preferred 100 85% $5H preferred stamped—.—* New Eng Pow Assn com—— * 6% preferred 100 $2 preferred * New England Pow Co $6 pref.100 New England Pub Ser com..-..* $7 prior preferred— .* 103 100 10034 "5% 4% 100 100 14 16 16 18 * .100 12 • 106 30% n 22* ... 85 cum preferred 86 preferred series O 86 prior preferred 1.00 47 131 Ml/ !<$ 2834 1334 1334 2634 2534 4334 334 47 434 734 734 8934 115 117" 11534 118 234 1 25 2034 New Eng Gas Sc Elec Assn— 4 k Last sale, $2 Preferred 4% 4% Common without warrants._ New Bedford Gas & Edison Lt.25 4% $5 cum pre! ser A 5 97" 96 50c 76 Companies. Jamaica Pub Service Ltd Preferred Jamaica Water Supply 32" 30^ 17% 17% 30% 17% 17% 100 74% 84% * - Iowa Southern Uttlitl Common. 6 % arrear certificates 7% 1 .. 33 98 98% 101% —* 80" 25 36 .—.15 6%% preferred^ $7 preferred Common 86 2% 90 Mlssour 107 100 Internationa] Ry v t c internat Teleg of Me (gu) 81 30 23% 55% 84 6% prior lien 100 7% preferred class A .100 6% preferred class A 100 Minnesota Pow & Lt 7 % pref 100 $6 cum preferred 100 Mississippi Power 86 pref * $7 preferred * Miss Power & Light 6% pref-. _* Mississippi Riv Pow 6% pref-100 Mississippi Valley Util * Missouri Pow 6c Lt 86 pref * 6% preferred 100 Indiana Hydro Elec 7% pref-100 Indiana Service Co 6% pref—100 7% preferred--. __100 Indiana Telephone Corp 100 Indianapolis Power Sc Light- 6% preferred 100 6%% preferred-.: 100 Indianapolis Ry Co v t c 100 Indianapolis Water 5% pref-.lOO Interboro Rapid Transit. 100 Certificates of deposit Internat Hydro-El Syst A 25 Conv pref 83.50 series 50 internat Ocean Teleg (guar) 100 x Convertible pref A._ * Midland Util 7% prior lien-.100 Indiana Sc Michigan Electric— 7% preferred x 22 25?^ 6% 57 25c 6 50% 102% 106% 70 99 3 234 110 114 113 10c Commun'y Middle West Corp com Midland United com... 116 96 102 108^ f1 - - 109% 25 19K 101 Certificates of deposits Middlesex 102 *A 103 18% __100 . Michigan Consol Gas 4 Light— Iowa Power Sc Lt 8% - - - 5% Illuminating Shares class A. Indiana Assoc Telep $6 pref See 111 212 43 Essex 75* 15 % —.50 Iowa Pub Serv 86 pref Erie Coach-...— Without par value, 69% 62% 33% ...1 * * * * 6 95 100 Engineers Pub Serv com 85 cumulative preferred 85 34 pref (with warrants) 86 preferred--- 67 4% 12% 3% Common 29 3% 5% 68% 61% 2% 6 Illinois Power & Indiana ,89 83 * * Electric Bond & Share— $o preferred if" 25 com $6 preferred 12% pref_. Easten Telep Sc Teleg... Eastern Tenn Lt & Pow $6 75c 66 14 * Gas 21% 49% 1034 1H . Eastern Minn Power 6% pref—* East Stiore Pub Serv 634 % pf 100 ~2% 11% 52 Arrears certificates 2% 20% 48% 30 45 100 Illinois Iowa Power common 32 25 Memphis Natural Gas-.— Metropolitan Edison Co— 28 43 115 37 34 101^ 100 6% prior preferred 5* 3* 9% % 35 Mass Power & Light Associat'n Common with warrants 15c 5c 50 74 25 Modified 5% guar.. Int Marine 40 Market St Ry(San Francisco) 70 36 67 K—See PhilaRT - 7% 13% 46 4 Marion (Ohio) Water 7 % pref-100 Marion Reserve Pow $5 pref.. "I" 8% Houston Lt Sc Power $6 pref—.* Houston Natural Gas com * 2% 100 6% preferred 4 34% prior preferred Ry corh Eastern Mass St -..25 - 70 101 Light Amer dep rets for ord shs. 14 25 . 86" Is0* Manhattan Railway 7% guar 100 Certificates of deposits Marcon 60 47 8* 8% 33% 33% 3% 2% 72* 135 Eastern Gas & Fuel Assoc'■ com ~ 110 32% 34 5% conv preferred 3 75 83% 65% 6% 100 Lowell Electric Maiden & Melrose Gas Lt Manchester Gas pref 113" 55 5% non-cum preferred 100 Huntington Water 7% pref—100 Idaho Power 7% pref. .100 6% 1st preferred 111 Comm'l Telep 6% pref * 1% 6% 100 45 41 . 31 4 East CoastPublir Service vtc Eastern 118 102% 96 44 101 Maiden Electric Co 25 Hudson & Manhattan 101^ Lexington Wat Serv 7% pref-100 Light Sc Pow Securities Co Preferred 100 Lone Star Gas Corp * Long Island Lighting com * 7 % preferred A 100 6% preferred B. 100 Longview Bridge class A ~ Louisiana Power & Light $6 pf. Louisv Gas A Elec com cl A 5% preferred 100 6% preferred100 7% preferred 100 Louisville Railway Co 100 91 109 1 Preferred 12 107 100 77 97 70 Duquesne Light—See Phila Co— Duquesne Nat Gas common— $4 preferred $5 preferred East Middlesex Street Ry 65% 102 104 95 25 Luzerne Gas & El $6 pref-100 87 preferred100 Lynn Gas & Elec Co 25 Mackay Companies 4% pref- 100 ---25 Hestonville M & 119 112 100 37 Preferred 111 Holyoke Water Power 12 10 100 . 11234 50c 116% 99 * 79% 111 com 115 117 108 100 22 10 89 20 Preferred 100 25 75 —25 ♦ Bridge 1H 1% 78% 25 Haverhill Elec Co Haverhill Gas Light 27"" Derby Gas & Elec $7 pref— Detroit & Canada Tunnel— Detroit Edison 14% 93 —— - Denver Tramway com 96% 87% 16% 84 -_-_l 6% preferred 100 Havana Elec 6c Util $5 pref .-.* 6% preferred * 111 102 41 96 Havana Elec Ry com Cumberland Co (Maine) Power Dallas Power & Light 7 % pref 11% 38 * Hartford Gas 45 5134 10 Harrisburg Gas 7% preferred-100 Harris burg Rys common ......50 Hartford Electric Light...25 3 4% 1 vtc 93% 18(H) 39 * pf-_100 Gulf Power 86 preferred* Gulf States Util 86 pref-* $5.50 preferred * Harris burg 18% 80 18% 50% Greenwich Water Sys 6% Hamilton Gas common 30c * Common 17 25 Hackensack Water 105% 100% Continental Gas & Electric— 28 92# 119% 100 7% preferred 100 Kansas Gas & Elec 7% pref. .100 6% preferred_* Kansas Power Co 6% pref __* 7% preferred * Kansas Power & Light— 434% preferred 100 Kentucky Utilities 6% pref--10ft 7% Junior preferred -50 Keystone Pub Serv 82.80 pref. * Keystone Telephone $4 pref 50 Key West Elec 7% pref——100 Kings Co Ltg 7% pref 100 5% preferred 100 Laclede Gas Light 100 5 % preferred — .100 Lawrence Gas <& Elec Co. Lewlston Gas Lt 5% pref 100 Lexington Telep 6% pref— -.100 100 R T Green Mt Pow Corp $6 pref.. Greenwich Gas $1.25 pref * 104% i% 40 23 Gold & Stock Telep (guar) Green & Coates—See Phila 155 100 * * Dons uai era Power $5 pref 25 1 * Common 35 35 35 Pass—See PhilaRT Gloucester Elec Lt Co— Consumers Gas (Toronto) 107% 1% 35 25 25 -20 — - - 107 32 64 25 Georgia Power $6 preferred * 85 preferred -—* Georgia Power & Lt 6 % pref. . . _ * $5 preferred — Consol Gas Co (Pgh) pref—...50 Consolidated Gas Utilities com.l Cons Trac of N J—See P S Corp Cons Trac (Pittsb)—See Phila Co Consumers Gas (Reading)--.-25 „ 62 - .. 83 preferred 50 Cons Gas E L & 1* (Bait) 5634 75 Gen Telep Tri Corp Gen Wat Gas & Elec com 40 116 . 8 34 *0 50 preferred conv Warrants 45 3m 100 Connecticut Ry & Lighting—100 4 34 %preferred 100 Consol Elec Sc Gas $6 pref » 107 5 105 r 5% preferred-- ---25 534% preferred-Connecticut Power— 4% 6% 52% Gen Gas 6% preferred—* n 104 7% preferred-.-* n<107 Community Pow & Lt com old14 w 103 40 63% 6 100 534 % preferred common 130 5% preferred 100 5%% preferred 100 6c Elec (Del) com A.-» 5% prior preferred * 86 cum conv pref ser A_. * 86 conv pref ser B 87 preferred -— 88 preferred... Gen Italian Edison Elec Corp— Araer shs for ordinary stock-General Public Service Corp— See Investing Companies. General Pub Util common-* s32 6034 Commonwealth Water Sc Light— First 1% -* Gatineau Power com - 23 Oarv Elec A Gas common. Commonwealth Water Co— New 120 R T 104% 92 * — Ask 99 Kansas Elec Pow 6% pref 35 26 Bid 104^ * City Pub Serv Preferred 52% 110 31 100 Preferred 31 1st pref 86 series B Kansas 49 Frankf'd 6c S'thwark—see Phila Franklin Telegraph (guar).-.100 Gandy Bridge common Gardner Elec Light common. 100 115 115 II* 108 100 8% preferred —100 Frankfort Kentucky Nat Gas.-85 83 38% 101 — pref... Par Jersey Cent Pow & Lt 7% pf.100 6% preferred .i--100 5 %% preferred .100 Kansas City Power & Light— 48 45 Florida Telephone 67 64 850 par——- Florida Power & Lt 87 5 65 .— Preferred 22% 103 6% preferred series A 100 6% preferred 100 5% conv preferred 100 Columbus Sc Southern Ohio Elec— 6% preferred A 100 6 34 % preferred B -100 Commonwealth Edison Co 25 Commonwealth Gas 1 Commonwealth & Sou Corp com * Optional warrants. $6 preferredCommonwealth Tel (Pa) 7% pf 20 Commonwealth Utility 6 34 % pf- * * Stocks Ask % 35% 36% 37% Fitchburg Gas Sc Elec Light. 50 Florida Power Corp 7 % pref—100 4234 11234 Coast Co Gas & El 1st pref.-100 Colum G & El Corp (Del) com . * Bid A__* 86 preferred $6% preferred $7 preferred 10234 * $4.50 preferred Cleveland Railway Par Stocks Federal Water Service com 7 %preferred_ 100 City Water Co (Chat) pref—100 City Water (New Castle) pref.100 Cleve Elec Ilium common possible for the closing day of the month preceding the date of Issue Ask Bid Citizens Water Co of Wash (Pa)—- 79 UTILITY STOCKS PUBLIC AUGUST, 1940] Nominal, 13% 32% 109 r 47 preferred...———* $6 preferred.*.. $6 prior pref New England Tel Sc Tel....-100 New Haven Water50 New Jersey Pow Sc Lt $0 pref * New Jersey Water pref... 100 New Mexico Gas com 5 6% preferred .50 Canadian price, t New stock, 56 3234 —- 3334 934 6334 2234 1 834 63 20 129 133 % 6634 68 11 12 „034 1034 10 6234 116 11634 75 77 106 ~ 10134 - wm — m - - ^ 4 5 42 44 x Ex-dividend. PUBLIC 80 Quotations for ail securities are as near Par Stocks 22% 7% preferred --=* Newport Electric Oorp com. _ .20 109 105 6% preferred Newport Water $6 25 105 26)4 — 45 50 17 20 N Y Mutual 17 preferred----* 25 6% 115% 11 120 111 100 preferred 105% 114 El Light & Pow— —* 26% 7 104 preferred-----------100 7% N Y & Queens Common N Y Railways pref------------* N Y & Richmond Gas 6% preflOO 2 3 47 51 % pfd-100 105 106 N Y State El & Gas 5 % N 100 pref Y Water Serv 6% 19% 4% 81% 65% Niagara Hudson Power---—-10 1st pref $5 series-———100 2d pref 5% series -——100 Ht warrants------warrants 50 North American Co 10 6% preferred series 50 5%% preferred-----50 North American Light & Power— 1 $6 preferred---------* Class A option Olas* B option J 95 Norristown Water Co--.- 19% 56 North Boston Preferred- — Co Texas 20 12% 60 10% 77 111% 82% 15 55 83 85 93 95 33% * 23% 34% 25% 3% 3 % 60 8% 106% 107 113 114 •115 97 116 $7 preferred --* Ohio Power 6% pref --100 Ohio Public Service 5% pref-100 --100 102 103"" 105% 111% 107% 113 115 101 15 103 17% 47% 50 * Bluffs St Ry Co 5% preferred 100 common..—----6 8% oonv preferred A 100 Oregon W ash W ater pref. . : * Ottawa Light Heat & Power._._* 40 113% 17% 48% 114 113 35c Omaha & Council 3 Omnibus Corp 10% 100% (gu) 25 Pacific Gas & Electric-----—25 1st preferred (6%) 25 1st preferred (5)4%)—-—25 Pacific Lighting Corp com * --* pref.;—100 6% preferred—, Pacific Public Service— 104 90 14 100 17 12 29% 32% 29% 38% 104% 82% 30 33 29% 39 106% 85 75 73 4% 16% — ii* 85 r 100 Pacific & Atlantic Tel Common 5% 100 100 118 19 125 148 150 * Lt com * Peninsular Telephone Co com__* $1.40 preferred class A 25 35 37% 30>| 31% 30 31 1st preferred Pacific Telep & Tel eg 6% preferred Panhandle Eastern Pipe Line Common Pecos Valley Pow & Penn-Ohio Edison— Warrants- 3 -— Warrants B % 1 6 68 73 65 70 7% 100 56 60 4 5 Providence Gas Co * Public Elec Light 6% pref 100 Public Serv of Colo 7% pref--100 84 65 55 100 100 Public Serv of Ind $7 prior pref..* $6 preferred ♦ Public Serv Co of N H $6 pref..* $5 preferred _.* Public Service Corp ofNJ * 8% preferred J 00 7% preferred 100 6% preferred —.100 $5 preferred * preferred 5% preferred Class A 5o 9% 8% 89 110 108 94 94% 92% 42% 105% 95% 36% 44 108 98 37 155 156% 134% 140 121 123% 108 109 $2.80 preferred $5 preferred Pennsylvania Gas common-—--* Penn Gas & Elec Co 7% pref. .100 Penna Gas & Elec Oorp $7 pref—* Ol&ss JSl Pennsylvania Power $5 pref * Pennsylvania Pow & Lt $7 pref.* $6 preferred. —--* $5 preferred * Pennsylvania State Water, pref.* Pennsylvania Telephone Co— $2.50 preferred * Pennsylvania Water & Power..-* $5 preferred —...—* Peoples Gas & Fuel Corp..—_-_l People s G L & O (Chic) 100 Peoples Light & Power Co A—.1 Common class B.. -....--.1 37 69 38% 65 13% 14% 20 24 4% 1 108 6 1% St Louis Public Service— San Antonio Public Service— 6% preferred 100 San Diego Cons Gas & Electric— 7% preferred 100 Savannah Elec & Pow $6 pref. 100 Scranton Electric $6 pref. Scranton-Spring 25 6% cum preferred —.—50 $6 cum pref — * Allegheny Traction—...—.50 Citizens Traction——.....50 Consolidated Trac pref..—50 DuquesneLight 5% lstpref 100 Federal St & Pleasant Val—25 Monongahela Lt & Pow 50 Monongahela St Ry 50 Phlla & Darby—See Phlla R T Phila & Grays—See Phila R T common 60 16% 34% 1% 1% 18% 19% 85 100 6 6% 76 78 42% 44 82 90 1 116% 60* 19 1% 24"" 6 1st $5 preferred 100 2d $5 preferred Second Ave RR Cop (NY).... 2d & 3d Sts Ry—See Phila R T _* 100 Electric 26 Swiss Amer Elec 5% pref.500 Fes 55 conv 10-4% 104% 99% 98 6% pref..* Pittsburgh Water— 6% preferred... --—.100 7% preferred 100 Southeastern Telephone com.__ 6% preferred 25 Southern & Atlantic Teleg (gu).25 6% preferred series A 6% cum preferred Southern Calif Water pref Southern Canada Power Southern Ool Pow com A 25 25 .25 25 25 25 ..25 • 25 100 Southern Indiana Gas & Elec— Preferred 4.8% cum preferred .100 Southern Nat Gas com...—7^ 65"" 2 .... 1% 11% 26 114 $3.50 preferred Texas Power Corp common 1.25 113 118 * * 55 13th & 15th Sts—See Phila R T Tidewater Power 6% pref * Toledo-Edison pref A 7% 100 6% preferred 100 5% preferred 100 1 18 3 98 21% 113 106 100 106 113 ♦ 1% 16% 8% * io 8 go Preferred Union Pass—See Phila R T Union St Ry (New 9% Bedford).. 100 Union Traction—See Phlla R T United Corp o $7 pref series A Warrants * United Gas Improvement._.._ cum 40 82 73 107% 1VA * I* $5 preferred United 111 Co of New Haven United Lt & Pr com A Common B * ill* * J * * 29 100 83 100 84 100 91 1st pref 1 1 * 1 $2.75 preferred $3 preferred * United 25 * Utility Co 2I: 10 common.. $6 preferred $7 preferred * 65 * 65 100 16 ... 100 preterred cum 8% 12 _ 116 23 % 16% 101 24% 104% 10% 110 * com 20% 105% 1% * 98 -.-100 100 106 * 112 100 preferred preferred 112 West Penn Power Oo com 4%% preferred 99% West Phila Pass—See Phlla R T West Texas Utilities $6 pref--—-* 98 West Va Water Serv 97% Western Lt & Tel 114 77% 68 750 West Penn Elec Co class A cum 16% 100 Washington Wat Pow 6% pref..* 7% j 100 -100 Partic units West Ohio Gas 7% 1 $6 preferred ._* Virginia Pub Serv 7% pref 100 6% preferred100 Washington (D O) Gas Light— conv V<i 33% * United Gas & Elec (Conn) com * 7% preferred. ..100 United Gas & El (N J) 5% pf.100 United Gas Corp com 1 6% 115 5 37 Twin States Gas fc El 7% oref 100 Twin City Rap Transit (Minn)..* 7% preferred 100 Union Electric Co of Missouri— 5% preferred _ % 7% 11% 20* 100 4%% 2 10c 108 Wash Gas & Elec 7% pref Wash (D O) Ry & El com 116 % 16% 3% 99 * 100 Common 93 113 98 ._* Utilities Stock & Bond Corp.. Virginia Electric & Power— 108 116% 73 1 Utilities Power & Light—• Old 7% cum preferred 83 112 Ill 104 * Utah Power & Light— 114 112% 1% 10% 80% 107% 6% pref..-* 1 com 80c 25 Preferred Western Massachusetts Cos.. Western N Y Watef 27 * 31 pref * * 100 Westmoreland Water pref......• Western Pub Serv $1.50 pref Western Union Telegraph-. . 5% % preferred series O 6% preferred series B Original preferred-.—-... Southern Calif Gas Co— 100 Co United Public Service Corp.. com A 103% 103% 16 South Calif Edison common preferred— 7% preferred 100 Tampa Gas, 7% pref —100 lerre Haute Elc 6% pref 100 Texas Electric Ry i()0 Texas Elec Service $6 pref * United Pub Util 100 South Carolina Power 1% 3% » . 6.36% preferred 7% preferred 55 25 South 99 * United Light Sc Ry 6% pref 75 100 South American Utilities com.50c $4 preferred 1 South Bay Consol Wat 6% pf_100 Sou Carolina El & Gas 7 % pr. 100 $7 preferred i £ 24 ' Shasta Water Co 4% 15% 19 6% 33 32 15c - Preferred 92 Peoples Water & Gas $6 pref_.100 Peoria Water Works 7% pref-100 Phila City Pass—See Phila R T Philadelphia Co com— * $5 preferred — * Seattle Gas Sioux City Gas & 14% 33% 1% 1% 5% 4% 53 ... Sierra Pacific Pow common 113 14 24% Brook Water Service 6% pref 107 57% 13 21 1.05 102 56% 58% 25% 83% * Class A 1 23 Class B common...... preferred series C-. 100 preferred series D 100 5% preferred series E ..100 Rochester Telep $6% pref 10U Rochester Transit common.—..* Rockland Light & Power 10 St Joseph Ry Lt & Pr 5% pf—100 St Joseph Water 6% pref 100 St Louis County Water pref..100 6% 105 104 118 % 100 111% 112 115% 25% 82% 30 6% 14% ... 107 110 .50 Shawinigan Water & Power Shenango Valley Water pref—100 Sierra Pac Elec 6% prer 100 110% 105 Ridge Ave Pass—See Phila K T Valley Gas v t c -1 50 1% 17% 1% 4 ♦ $3 cum preferred Warrants Riverside Preferred Rochester Gas & Electric— 15 17 5% preferred Union Gas (Canada) Union Gas System com 113 104% Rio Grande Traction.. 98 14% * -.1 6% preferred ThirdAvenue Ry (NY) 113 * 6% 2% 1% 94 103 T^as Power & Lt 7% pref—100 115" .25 First preferred 103 * 7% preferred 114 -„__100 preferred 108% 100 * Texas Gas Util com. Texas Hydro Electric— % % 7% 106% 113 Scranton Transit common Pennsylvania Edison Co— Scrip $3 Preferred IX 42 190 100 $5 preferred 2 2% Rapid Transit St Ry Co—100 Public Serv of Okla 6% pref. .100 7% preferred.. -.100 Public Serv El & G $5 pref * Puget Sound Pr & Lt $6 pref * $5 prior preferred * Quebec Power common * Queens Borough G & E 6% pf 100 Rapid Transit Ry—Sep P 8 Corp Republic Nat Gas 2 Rhine-Westphalia Electric Pow— Amer shares representing corn. Rhode Isld Pub Serv $2 pref 27% Omaha & Council Bluffs Ry— & Bridge Co 4%pref—---100 Pacific Pow & Lt 7% 5%% - — 15 106% * B 94"" Tampa Elec 1 * Pottsville Water Co Power Corp of Canada com — Preferred ♦ Suburban Rapid Transit St Ry_50 Superior Water Light & Power— 7% preferred 100 5% 102 100 Potomac Elec Pow 6% pref 12% Tacony-Palmyra Bridge—" 4 1 20 100 com... Syracuse Transit Tacoma Ry & Pow Co.. 41 39% 47 182 Preferred 1% 2% % 2% —o 37 11 Class 3 37 112% 70 * 7% preflOO S3 preferred 13 50 50 Consolidated Trac of N J. .100 Units $5.50 conv.prior pref 8 17 3% 35 Springfield Gas Lt Co 25 Springfield (Mass) St Ry Cos- '31 41 Ohio Water Service A com.. 6% preferred 5% 8% 1 -—_ Okla Nat Gas Corp com 45 40 Non-cum preferred * Potomac Edison Co 6% pref. .100 7% preferred 100 160 3% 17% 10% preferred 25 Southwest Consolidated Oorp 1 Southwest Gas (Okla) 7% preflOO $6 preferred S'western States Telep com. Springfield City Water 6% pf 100 Springfield Gas & Elec pref * 22 90 Common 73 100 100 13 75 T R Ask A Common.. ____lOc Southwestern G & E 5% pref 100 Southwestern Light & Power— 21 Postal Telegraph System— 110% 80% 10% * * lVi j* Union Water. * Portland Elec Pow 6% pref 100 7% prior preferred 100 Portland Gas & Coke 7 % pref 100 Portland Gas Light ---50 102 47 Oklahoma Gas & Elec 20 Phila 103% 112% 100 Telegraph (guar) 50 5%% 1st preferred 6% preferred 7% preferred Ohio Service Holding com 5% preferred * Traction—See $6 preferred Portland RR 5% stock --100 preferred Common Participating preferred Plainfielu 81% a % Phila Transportation Co— Phila 6% pref. 100 Ohio Edison $6 pref 13th & 15th Sts Pass Ry Union Pass ($30 5-6 pd) Bid 157 Southwest Nat Gas $6 pref.—. 10 30% Standard Pow & Lt 40 7% preferred Ohio Cities Water PhilaCityPass Ry($22% pd)-50 Phila & Darby Pass Ry 50 Phil & Gray's Fy ($25 pd) 50 Philadelphia Traction 50 Ridge Ave Pass ($28 pd) 50 2d & 3d Sts Ry guar 50 100 (Minn) $5 series cum pref—--* pref—100 North West Util 7% pref--—100 4 50 50 51% 10 % Northwestern NY PA N J Utilities $3 pref 50 Philippine Long Dist Tel...-.100 Pittsburgh Suburban Water— $5.50 preferred -100 Nor States Power Ogden Corp common 5% preferred 50 50 116 30 50 69 86 7% prior lien Germantown Passenger Green & Coates Sts ($15 pd) Hestonville M & F com Preferred 102% 110% Northwest Electric 7 % 32% 115% Par Southern New Eng Telep 100 Southern Union Gas com..--..* 35 82 57 -.-25 oref—100 (Del) cl A— -25 100 100 N'western Puh Serv 7% preferred 50 Citizens Passenger guar 50 Continen Pass Ry ($29 pd).50 Fairm't Pk & Haddington..50 Frandf'd & Southwark Pass.50 82% % Northern N Y Util 7% 7% preferred 6% preferred --25 - 33% 50 Union Traction ($17% pd)-50 XA West Phila Pass guar % 50 Phila Suburban Wat 6% pf 100 100 4% 11% Gas Northern Liberties * Stocks Ask 50 21 3 100 100 7% preferred 5% % preferred Philadelphia Elec Co com $5 preferred Phila Elec Power 8% pref. 49 % 100 (Del)-10 Northeastern Wat & Elec com—* $4 preferred — Northern Indiana Public Serv—6% preferred —100 North Par Stocks 81% 47* Securities—* Ltg Prop com—--* of the month preceding the date of Issue Bid Preferred Standard Gas & Elec com $7 cum prior pref----$4 cum preferred-------$6 cum prior pref IVs 54 North Amer Utility STOCKS ^Philadelphia Rapid Transit..50 New Rochelle Water 7% pref 100 Telegraph (guar) -.25 N Y Olty Omnibus common * Option warrants---— N YPow & Lt Corp $6 pref— - -* UTILITY possible for the closing day Ask Bid * New Orleans Pub. Serv com as 22 13% 23% Wheeling Bridge............100 Wheeling Elec 6% pref 100 Williamsport Water pref-.--—-* Winnipeg Elec class A..... * Class B * Preferred ---100 16 18 27% 27% 28% 30% 44% 46 Wise Hydro-Elec6% pref Wise Michigan Pow 4%% 33% Wisconsin Pow 3c Lt 6% 34 7% preferred..— 100 Wisconsin Pub Ser Corp 7% pflOO 90" Wisconsin Electric Power— 30 15" 18% 88% 90% 103 113 12 28 11* if* vJ* 101 16 26% 1.00 5 100 114 9% 4%% preferred 100 113 100 38 Wolverine 103% 17% 101 90c 6 % tpref (1897iseries). Common Power Oo_. Worcester Trans Assoc York (Pa) Railways Common York W»ter Oo pref__ pref. 100 102% 105% 119 10% - — pref — ■» 41 104"" 108 107 110 100 6%% preferred 75 113 103% 105 —5 —-* 6* 50 2% .... 50 25 26 26% value. J Trading discontinued in these issues, and while saleable, the price would be based upon Phlla. Trans. Corp. preferred stook and the consol. 3-6% bonds as shown in the reorganization plan, a Called for redemption; see page 111. f Flat price, k Last sale, n Nominal, r Cana¬ dian price. New stock, x Ex-dividend. > * Without par Under the heading "Industrial and Miscellaneous Securities" we include all issues which do not appear under the previous three headings, namely "Railroads" "Investing Companies" and "Public Utilities." In the case of stocks, however, we put "Textile Manufacturing," "Insurance," "Mining," "Real Estate and Land," "Title Guarantee and Safe Deposit Companies" under separate heads, then follow with the rest of the "Industrial and Miscellaneous." NOTICE—All bond price* Bonds Bid "and are Quotations for all securities are as Ask J&D / Certificates of deposit } Acadia Sugar Ref 4%s 1955. A&O 37% 34 36 62 Bid General 6s 1954 Adams Express— 59 due Mar 1 1946 due Mar 1 1947 due Mar 1 1948 due Mar 1 1949..... due Mar 1 1950 Blaw-KnoxCo 1 st M 3 Ms '50 F&A 2.00% 2.15% 2.30% 2.45% 2.60% 65 64 A&O 16 " Blethen J&J 60 Akron Times-Pre as 1st 6s '45 A&O Alabama By-Prod 6s 1955 J&J 100 'mm 95 Alabama Mills 6s (w-s) 1953 .J&D / Without stock ..J&D / mm — mm mm " Albany Perf Wrapping Corp— 50 / 58% 50 60 1st 58 60" 67 97 American I G Chem Corp— Oonv deb 5%s 1949 M&N American International Corp— 102% mm mm mm mm _ «. mm mm mm mm mm mm — 60 „ 103 % 92 45" American Nat Co (Ohio)— Extended 6s stpd 1943....J&J / 25 Amer Seating 6s stpd 1946.-.J&J a 102 Am Silica-Sand 6s 1951 M&S / Am Tobacco deb 4s 1951 Debenture 6s 1944 American Type Founders Ino— Confsf deb 2%-5s 1950—J&J Am Wire Fabrics 1st 7s *42._M&S American Writing Paper Co— 95 83 Conv 6s 1961 Ann Apr/ Ames-Holden Tire & Rubber— 2d mtge inc 7s Jan 1 1943.M&S S f inc deb 4%-5s 1967 J 101% 88 «a 62 58 40 15 Brush-Moore Newspa 5s M&S / '41.A&0 '45.A&O Bryant Paper 6s A 1942 103 103% 28% 90 Anthony (EC) — 1st s f 6s (San Fran) 1942 J&D 1st 8 f 6s (Los Ang) 1942..J&D Antilla Sugar Estates— Income deb 6s 1951 (w-*)__J&J / A-NY & B-NY Realisation— 5s. 1955 M&S / Arcade Mall Iron 7s 1943..M&N / 7s Certificates of 30 Armour & Co of Delaware— 100% 101 100% 1st mtge 4s series O 1957..J&J Arnold Print Works— 1st 5s Feb 1 1952. A&O Arundel Bond Corp 3-5s Dec 1 '53 101% 70% Corp 4-6s Dec 1 '53. 52% 49% Associated Mtge Co 3-6s Dec 1 *53 55 69% Auburn Automobile— 94 105% 63% 98 106% 66 101 { i 102" Avery (B F) & Sons 5s 100 w w'47J&D Without warrants Baldwin Locomotive Works— Mtge 6s 1950 K&S f 99 48* 70 114 Baragua Sugar Estates— Cum inc aeb 6s 1947.. J&J / Barber & Ross 4s 1945__.__J&D Bates Valve Bag 6s 1942 F&A Battle Creek Sanitarium— 1st s f 4%s A 1954 91 J&J Bayway Terminal 2nd inc 6s '57- - 30 58 25 35 95 105 5% M&S Credit Service—See Investing Cos Crowley Mltaer 5 %s 1940—M&N 26 28 r r J&J Canadian Bakeries 0%s '45.M&8 Canadian Oanners Ltd 4s'51M&N Canadian International Paper— guar 5s 1955 Cum inc 7s 1941 F&A / Carlisle Lumber 6s 1945 Carrier Corp conv 4 %s 1948 A&O Debenture 4 %s w w 1947.F&A Central Coal & Ooke— Non-cum Inc 4s B 1941—.A&O 68" IV 54* 27 10 44 76 100 79 20 24 95 98" 70 80 Cheney Bros 5s 109 75 % 8 4 150 J&J f conv 3 %s debs '52 A&O 15-yr s Cons mtge 3 %s ser F 1959-J&J 3s ser G 1960..F&A 3%sser H '65..F&A Serial debentures— due Mar 1 1941. 1 1942. due Mar 1 1943. due Mar 1 1944. t-i i—' o o Oi—'Cn-J 107% 105% 101% £ 105 due Mar 'o a due Mar 1 1945. H o o co 104% 103 % 103% Called for redemption, see page mm J&J mm » 99 % 99 Bardeleben Coal Oorp— 1st cum inc 5s 1957- Ann April / See£*R£c£ 011 78 1 937 8tmP M&S f Deerfleld Glassine 1st 5s Mar '50. f Deflance Paper 6s 1939 J&D Delaware Floor Products— - 2nd income 6s Mar 1946 Detroit City Ice & Fuel— w 1948 . 99 94" 14% 17% 95% Series s 63 65 97 100 67 i %s 1940-1943 A&O Steel & Coal 0 %s 1955Dominion Tar & Chemical Co— Deb4%s ser A 1951 M&N Dom Woolens & Wore 6s '53.J&J Donnacona Pap 4-4 %s '50..F&A 10-yr 5%% notes 1947...J&J Dow Chem Co deb 3a Dryden Paper 6a 1949 65 63 52 76 76 1951..J&D F&A H-5s J949 . M&N 99 1945 DfC Auto-Lite deb 4s 1952-F&A 63 65 45 mm 4 /This price Includes accruedjlnterest. „ Coll g f 4s 1956 J&D Empire Properties Oorp 2-3s 1945 Empire Sheet & Tin Plate— 1st conv s t 6s 1943 A&O Emporium OapweU Oorp— 1st 4s 1952 J&J 4% notes 1942 J&J k Last sale. n Nominal. r 44 60 61 105 107 85 104 86 Eastern Dairies 6s 1949 M&N Eastern Mfg 7s ser A 1938—J&D / Eastern Racing Assn 5s Eaton Paper 1st 5%s 1943.M&N 40 56 .J&D Eljer Company 5s 1951 Elk Horn Coal Oorp— 77 106 62 50 Durham Duplex Rasor 6s 1955... Durez Plastics & Chem— Oorp 5s 1953 65 54 77 60 105% Dufferin Paving & Stone— Deb 5s series A 1955.. Jan Du Mont (Allen B) Laboratories— 94 43% 12" am ?o, l8t,i*a Ser A '63.A&O Serial 3 Dominion 29 116 — 30 Eastern Cuba Sug 7%s '37.M&S Chicago Produce District 10 a&O 27 b Baais3 86 Rentenbank— 104 F&A f 42 f 6s Oct 15*60 A&015 / B____ v Deutsche 103 40 51 F&A 4%s conv debs 1949 M&S Earl Fruit 1st s f 5%s 1947—M&N 85 101% 42% 23 43 20 w 104 (w-s) '48..F&A Chicago Stk Yards 5s 1961 .A&O Chllds Co deb 5s 1943 A&O Chilean Nitrate & Iodine Sales Corp inc 5s 1968 J&D 101" 42 Detroit Garages 5%s"Mar 1948. f Detroit Har Term 1st 6s '50.M&S f Detroit Times 6s 1940 to '43 M&S b 4s 3%ssfdebs 1950 A&O Chic Grain Corp 3-5s 1952..A&0 Chic Molded Prod 5s 1949 A&O inc 5s cIIII4 20 40 Eastern Car Co Ltd 6s 1952.J&J cum 104 104% 41 44 / Eastern 1st 62 106% 100 f 100 / 97 / 95 f 93 / 91 / 89 / 87 Daddson-Boutell 5s 1940—.J&D 15 Budapest 7s 1953— 111. ganish Prod L'n Fund 5s *40.J&J Davidson Biscuit 5 %s A *45 A&O 15 mm mm I" M&N 59 m» . 1937—M&N ex-w 5s with stock 1937 146 IIII O hesap'ke-Camp Oorp4%s '47 J &J Chicago Daily News— 82 %s to 1941 Cons mtge Cons mtge f deb '50('38 iisue).M&S Guar gold 4s 1942.. debs 1944.. M&N Pdy & Ma 5s '44. A&O Bethlehem Steel Co— conv Purch money 6s 1998—Q-Feb Bethlehem Steel Corp— s 1" 1948 2 107 Chateaugay Ore & Iron— 4 %s 1946 Certifs 5s May 1 1949.... Certifs 5s May 1 1950... 5s 1956 98 98% 5% gertifs 5s May 1 81% 56 Bedford Pulp & Paper 6%s 1942. 105 105% 103% 104% ... Certifs 5s May 1 1947.. 80>* Beech creek O & C 5s 1944.. J&D Bendix Home Appliances— 100 58 Ry & Coal— ...A&O 1940 Farm Ln 77 % Champion Paper & Fibre Co— 4%s ■ f deb '50('35 issue)-M&S 6% 104% Dickey (W 8) Clay Mfg'Oo— Cum inc 5s (ex-stk) Nov 1 1949 Dickinson (Alb't) 6%s 1935.J&D / Distribution Term Warehouse— 4% 53 32 Bethlehem 5s 89 3 6 95 58" 5 51 97 95 79% 95 91 55 94 70" 65 3 107% 96 gertJJs f« May l / _ r M&S May 1 1945.... 70 25 K* 93 102% 60% 87% 52% 14 Franco-Oanad— gertifa 5s May 1 1944 6s Certifs 58% MtS 8% n,£?£L8 f£e£ 4s 1950 Oimberland 103 % 65 76 7 12 Cudahy Packing 3%s A '55.M&S 80 63 43 ~7% 63 J&D 99 63 39 104 deb 1951-J&D Ifr-yr s f deb 4%s 1948 J&J Oradble Steel 4%s A 1948—F&A Cuban Tobacco 5s 1944 65 65 99 83 106" 7 94 Crown Cork & Seal Co Inc— 15-yr 4s s f Nov 1 1950-M&N 125 Oespedes Sugar 7 %s 1939.—M&S 22 Beaver Mills 1st 5s 1950.....J&J 21 S° 10 101 97 45" Champion Pap Corp 6s '45..F&A 30 18 / 54 6%s 1952 A&O / 8% Central Steel 1st 8s 1941-.M&N 108 Certain-teed Prod 5%s 1948 M&S 74% 99 Baush Mach Tool ext 5s '41.M&S / Credit Fonder 86% 61% 61% 107% De Central Foundry Co— 1st mtge 6a 1941.. Gen mtge 5s 1941 47 43 40 M&S a M&S Central Iron & Coal 6s 1938.F&A / Central Ry Term & Gold Storage 103" 96% Bait Steam Packet 5s 1942..F&A deposit.1942 / lstsf 6%s A 1942 M&S/ 1st n-c income 5s Apr 1951 / Oassco Corp inc 6s 1949 M&S Oelotex Corp— 10 Conv deb 4%s 1939 J&J f Autocar Co 7s ext 1947...M&N 36% 37 100 35 67 Coplay Cement Mfg 6s '41..A&G Cosden Petroleum conv 5s *47 J&J Cosgrove Meehan Coal 6%s 1945. / 34 75 85 J&D . 36 % Carthage Marble Corp— 42 f 6s 1940 i04% 12 Dairyland League— Can Pow & Pap Inv 5s 1958.F&A Canadian Vickers 6s Aug 1 1947 Carrlbean Sugar— 60 Atl Sug Rof 1st s f 4s 1951..M&N Atlas Imperial Diesel Engine— 6% conv notes 1945 M&S Atlas Pipeline Corp 6s 1945.M&N Gen conv 6s 1950.......M&N 74 91 s 33% 33 % 69% 101 102 % Canada SS Lines— 1st & gen 5s 1957 25-yr Atlantic Ice & Coal 6s 1951.J&D Atlantic Ice Mfg 6s 1945 F&A Atlantic Refg 3s debs 1953..M&S 1st M conv 18* 6% 10% , M&N } 32 70 6 Conv deb 234s 1948 J&D Continental Roll & Steel Fdy— 102 % 15 101% 101% 1st M 6s 1949 J&J Can Locomotive 6s July 1953 Canadian National Steamship— Atlanta Laundric. 1st lien 4s 1952 J&J Atl Gulf & W Indies SS Lines— Coll tr g 5s Jan 1 1959 J&J 45 20 37 99 Textile 1st 8s 1941—J&D (111) 5s 1950..J&J Consumers Rock & Gravel— 6s 1948 j&J Oont;i Invest Bond Corp 3-5s '53. Oont 1 Invest Deb Oorp 4-6s '53 Oontlnental Oil— 100 (Copenhagen) Campbell River Timb 6« '41-J&J Campbell Transportation Co— Equip trust 4 %s to 1946—M&S Equip trust 4s to 1951 J&J Canada Bread 6s 1941 F&A Can Cementlgt4%sserA'51 M&N Canada Paper Co 3s 1941 J&D 3%s 1942-1945—— J&D 4Kb 1952 J&D 21 17% 1st M 20-yr 4s ser B 1955. F&A 103% 35 A&O Debsf6%s guar 1943 A&O Calif Cotton Mills 1st 6s '40.J&J Calif Dairies deb 6%s 1942.M&N Calif Group Corp 5 %s 1956 M&N 105% 1st non-cum inc 6s 1947...J&J / Consolidation Coal Co— Sink fund 5a July 1 1960..J&J Consumers Co 95 f 6* 1948 f deb Cum conv Ine 5s 1953 100 s 8 1% — 50 Consolidated Warehouses Inc— 95 83 50 40 103 % Certificates of deposit 37 Camaguey Sugar— 98 98 28 11 Consol 98 94 100 102 J&JI 3%s 1951.J&D Oonsoi Paper Corp 5%s 1961. J&J Consol Press 6%s 1949 J&D 38 Cooperative Creamery— s Consol Oil 98 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 .Ann, Apr Bush Term 1st 4s 1952 A&O Cons g 5s Jan 1955 J&J Bldg 1st 5s stamped 1960 A&O Byers Machine 3-0s 1946 Byradum Corp ext to Jan 15 1942 Calaveras Timber 1st 6s '38.M&N f California Consumers Corp— 1st lien 3-5s 1955 J&D 1st 27 / Trap 5s Aug 11940. Arundel D^b 15-yr 37 36 102 % M&N J&J 1st 6s series B 1948 Buck Hill Falls Co 6s 1959.M&N Budd (E G) Mfg 6s ext 1941.F&A Calif 92 / Anaconda Copper Mining Co— Sink lund deo 4%s 1950..A&O Anglo-Cbilean Cons Nitrate— Animal 34 6 112% 118>3 F&A _A&0 65 29" 54 55 Burmeister & Wain 40 64 47 % 27 1954 s Ask 81 Apr / 70 % Columbia River Packers Assn— Income deb 2s Oct 1950 f 57 Columbia River Paper Mills— 6s to 1948 97 A&O Cum inc 5s April 33 1967 f Commercial Mackay Corp—See Public Utility Bonds Connor Lumb & Land 6s '41 M&N 70 Oonsoi Biscuit 1st 100 5%s B *46 M&S 1st 5%sser O 1946 100 J&D Consolidated Cement Corp— Cum inc 6s 1950 F&A 84% Cum inc 6% notes 1950..F&A 81 Consol Indus (111) 5s 97 1958—M&S 101% 51 51 Buffalo Gen Laundr 6 Ms '41. J&D Bullock's Inc (Los Angeles)— 4% notes ser E to 1941 -M&N 4% notes ser F 1946 M&N 39 37 98 % 66 -. J&D / 1956 Gen mtge 6s w 63 Brack Silk M Ltd 6%s '45.M&N r mm Investing Companies notes 100% Bid 5s 1945.M&N Colo Fuel & Iron s f 5s 1943.F&A Income 5s 1970 An 7 59 J&J 1st 5%s 1950 ser B Brown Pap Co ext 4%s mm bonds Engineering 5s 1940.A&O Colonial Colliery 6s 1954—M&S / Colonial S S Co, Ltd— i Bklyn Serv Station 5%s '46. J&D mm Amer La France & Foamlte— Am Lime & Stone 5%s'51 M&S Am Mach & Metals 4s 1943..J&J g? ve Brown Coal Indus 6 Ms '53..A&O / Brown Co 1st 5%s 1946 A&O / 97% 109 1st s f 7s 1955 M&S / 14 Amer Airlines deb 4%s 1941-J&J 478 Amer Colortype 6s 1942 F&A a 101 Amer Dept St's (Pa) 4s '48.-J&D / 45 Amer Dept St's (DeP 6s '47.J&D / 50 Amer Fruit Growers 5s 1950. F&A 60 1968 — Alpine Montan Steel Corp— defaulted Climax British Columbia Pulp & Paper— 1st 6s 1950 M&N / Gen sf 7s 1950 M&N/ 100 108% and Bonds 46% Bowser (8 F) 7s 1944 M&N Bran dram-Henderson 6s '56. J&D / Brit Col Packers 5s 1953. .J&D 30 65 5s Incom- Ask 102% Paper Mills 1st 4%s '68—J&J A&O A&O Alberta Pacific Grain 6s 1946 J&J Algoma Steel Corp Ltd— Conv 5s ser A 1948 M&N Allied St 's Oorp deb 4 %s *50. A&O Debenture 4Mb 1951 F&A Allis-Chalmers s f deb 4s '52.M&8 5%% and Corp (Seattle)— 4s April 1953 (units) / Boston Wharf 1st 4s 1941 A&« > Bo water's Newfoundland Pulp & mm 26 23 35 100% 100% 100% 100% 100% 97 % 6%s 1947. J&J Bloedel Donovan Lumber Mills 6s 1941-1942 F&A Bloomington Limestone Corp— 90 Agar Packg & Prov 5s 1945-J&D See "f" Bethlehem Steel Corp— Abltibi Power & Paper— 1st M 5s 1953 ser A 1st M coll tr 6s 194S_ 6s assented w w 1948 6s 1955 marked possible for the closing day of the month preceding the date of issue Bonds INDUSTRIAL AND MISCELLANEOUS BONDS See Investing companies Aeolian Co 6s 1944 where interest" except near as 88" 40 40% 90 63 105 98 65 107 53 100 69 107% 58 63 61 66 104% 100 Canadian funds 3 MISCELLANEOUS BONDS INDUSTRIAL & 82 NOTICE—All bond prices are "and interest" except where marked "f" Quotations for all securities are aa near as possible for the closing day of the European Mtge & Invest Co— 1st lieu 7M« iy6b ser B- —F&A 7Ms income 1966: 1st lie] 7s 1967 ser O lien M&S 7s Income 1967—---------_r Everiastik Inc 1st 7s 1937-M&N Fairbanks Morse & Co— 20-year 4s 8 f ous 65" 107 M 106 % 100 1947—J&D Canadian-— 1st & coll 3h* 1641-1942. raii Haytian Corp of America— Players r 99 1st & coll 4 Ms 1951---;Farmers Nat Mtge Inst 7s - J&D 63£&< > / 1949--F&A 63 Federal Grain Ltd 6s Fed Home Mtge 6s to 1941—F&A f Fed Portl Cement 5s 1947—M&S Federal Screw W ks conv 6 39 / 1st s f 5s 1949 M&S Filtrol Co of Calif 5s 1946—J&D 60 J&D 55 47 64 66"" 87 92 47 % 105% 26 M 25 M Conv g 6%L/o notes 1946. A&O / Follansbee Bros 5s 1947—- - J&D / 48 M 45 27 50" 50 59" 57 J&J 30 65" Galveston Wharf Co-— 98 1945—J 194U-— General - - <N <N co o J' M&N ---- Finance— See Investing Companies. Gen Motors Acceptance Corp—■ 15-year deb 3Ms 1951 E&J a 102% Gen Rayon deb bs 1948 w w_ J&L / 71Gen Stl Cast 1st 5Ms '49 w w.J&J General Steel Wares— 103 % 75 71M 61 102 / 18 14 71% 1/ 72M 94 - - - - Gobel (Adolf) Inc— 90 71 K lb Oct 16 1940 Houston Oil o 104" 84 85 95" ' 29 M 30 5 40 10 X M&N 1951 101 29 4 1 5 67 69 J&J 67 68 85 79 18 73 3 42 48 75 104 M M coll trust r M 5s 100 M 65 54 58 103 % 34 >/ 38 54 Gypsum Lime & Alabast— 56 63 M 65 59 M 61M 63^ Hamilton Mfg 5s w w 1951--] Hammond Standish & Co— 94 f 3-6s 1947— 25 Lines— 60 • 44 Harpen Mining Corp— 6s with warr for Am shs_ Harris-Seybold-Potter— / 17M Hart Coal inc 6s 1945 / 93 97 20 Hatfield-Campbell Creek Coallst 6 Ms 1948 M Hawley Pulp & Paper Co— 24 109M 23 110M 96 97 48 1946 1st 5Ms 25 103 100 97 M 45 conv J&J M&S deb 1947 51 78 Mercury Mills Ltd 5Ms '53.M&N Mersey Paper Ltd 5s 1957--J&D 61 ser A 1949 61M M&S 61 Messenger Corp deb 4M« *51 J&J Metropolitan ice 7s 1954—-J&J Ming Mill Mach'y 7s 1956 J&D f Middle States Petrol 6Ms 1945-. 87 55 14 93 H 100 M&N Minnesuta & Ontario Paper (Jo¬ ist 68 series A 1935 A&O f M&N / 1st bs series C 1950 ft yr b% notes 1931 — .M&S f 34 M 35 M 35 M 35 M 9M Pulp & Paper 5Ms 1941.-M&S Missionary Sisters (Waukegan, 111) 1st ref 3M-4s 1951...A&O Mohawk Rubber ext 5s 1948 A&O Molrs Ltd 1st s f bs 1953 J&J Molybdenum Corp of Amer— ^ 6% notes 1942 J&D a Monon Coal—See Chic Ry. Ind & L 99 M 93 Monong Rlv Cons Coal & Coke— 1st bs 19491 A&O Montreal 100 43 M 125 Monroe Coal Mining bs '47--F&A 96M r Dry Docks 6s '48-F&A f 103 ...•. Morris Plan Corp— 98" 87 See Investing Companies Mtge Bond Co (Md) 3-5s Dec 1'53 Mortbon Corp— Coll A 2 M~5s ser 1 1941 99 J&D 100 70 .1 J&D 60 Coil D 2M-5s ser 4 1956 ..J&D 106 60 Coli B 102 X 5 .... Call C 2M-5s 2M"5s ser ser 2 1946 3 1951 55 57 32 34 49 M 50 M ' "\ - , a 75M Pap Mills 1st 5s '51 .A&O 6Ms 1952-J&J Muni sing Pap 6s A &B 1943. A&O Motor Transit inc 95" Steamship Line— Secured 6s 1937 J&J / Deb 6Ms Jan. 1 1937 wwA&O f Certificates of deposit / — An Apr J&D - Mosinee Munson 80 Paper— 3Ms A 1949.J&J b 2.25 b 2.50 Merchants Ice & Cold Storage— 1st 6Ms 1943-49 A&O Montreal Cotton del» 5s '43-M&N J&J 1961 Debenture 5s 1961 Lancaster Corp 5% 1.75 Minnesota Tribune & Manistiq Lake Erie Bolt & Nut— 5-6s April 1 94 b 1st 6s series A 1945,. A&O f 1st bs series B 1948-—-— .J&J / • Steel— 96 % 1st mtge 4Ms ser A 1961—M&S 40 Journal of Comm 6Ms '47-—J&J Kansas Pipe Line & Gas— 96 M 1st 5s series A w w 1952—J&J Karstadt (Rudolph) inc— 6s Ctfs of dep w w stpd 1943— / os stamped (par $925) 1943 / 10 bs with warr (par $925) 1943— / 10 100 M Keith (B F) Corp 6s 1946...M&S 97 Kelsey Hayes Wh'l 1st 6s '48.J&J 96 15-yr conv deb 6s 1948 J&J Kentucky Rock Asphalt— 42 3M-6MB 1945 J&D 104 M Keokee Cons Coke 5s 1959--J&J Keyes Fibre Company— 95 1st 6s 1940-1949 M&N Lake St John Power & .... Mil&on Mfg Co 6s 1952 58 52 f 5s 1950--J&J 93% 99 % .Miller & Lux inc 1st M 6s '46A&0 61 , 100 / s 58 103 Miller & Hart Inc. deb 6s '43. J&J 101 Kingston Elevator 1st 6s '50 M&N 96 Knudsen Cream'y 5Ms '50.M&N 85 Koehring Co (Milw) 5s 1945-J&J Koholyt Corp 6Ms 1943 M&S /- 14 105 Koppers Co 4s 1951 M&N Kresge Foundation— 102 10-yr 3s coll trust 1950.—M&S Krcuger & Toil— 5s uniform ctfs of dep 1959 / 2M La France Textile 1st 6s '42, J&D / 18 Harborside Warehouses— / 10 ---. 22 A 1955-. 15 J&D 1942 Dispatch— Eq tr 5s 1941-1942 J&D Eq tr 4Mb 1941-1945. J&D Eq tr 2Mb 1940-1946.-—A&O Merchants Distilling Corp— Gen s f 6s 50 (F L) 5M% dividend Indiana Co 1st 59" 57 Gurney Foundry Ltd— 1st 4-5 Ms (w s) 1949 101M Jones & Laughiin "I" 103 % 103 Jellerson & Clearfield Coal & Iron 43 41 >/ 62 103 12 notes 59M Merchants 58 Iron City Sand & Gr 6s '40--J&D Isotta Frnscnin' .s i942 J&D Jacobs 63 101M 8 63 81 1st conv 4-5Ms to 1945—A&O Memphis Commercial— Appeal 4 Ms 1952 M&S MengelCo conv 4Mb 1947-.M&S 20 102 M 60 39 / / 54 83 F&A Co Ltd- 66 M 66 M Stamped Massey-Harris 1st 4Ms 1954.M&S Matthiessen & Hegeler Zinc— Extended 3-6s 1945 M&S McColl Fronteuac Oil— 1st & coll 4Ms A 1949 A&O McCoid Rad & Mfg— 6s stamped 1948 F&A McOormicks, Ltd, 4s 1952—J&J McCrory Stores Corp— 3Mssf debs 1955 A&O 105 M Iron City-Ohio River Corp— Iron City ser bs Dec 1 '48-F&A 67 18 90 1950-M&N / 102M 102M 100 M Nfld— J&.i 48 13 41 1st mtge 4Ms 1955M&S Medusa Portland Cement— 59 — 6s Dec 1 91M 7s without warrants 1941-M&N / inc— 1968 J&J Interstate Deb Corp 2-5s Jan 1 "6o Interstate Zinc & Lead deb 7s '32 ser 32 Manhattan Kefrig 5Ms 1941.J&J Mansfeld Min & Smelting— 20-yr conv deb 5Ms Mead (The) Corp— lH 4Mb Ohio Riv / M&N 65 65 McKesson & Robbum 9 Marine— 6s 1941 A&O 1968— 5 98 66 79 60 104 M 1M Paper— i947 ser A—J&J 5s ser B 1947 J&J s (R C) Co deb 5s '51. A&O Manati Sugar 1st 7Ms '42.-A&O / Certificates of deposit 94 82 J&J15 deposit,- bs 1955 ser Pow & Pap of 101 f 64 I 5s 1st & ief A&O 92 27 / 106 80 1941 s 1st 101 76 73 70 Internal Mercantile 1st 99 56 105M International Match Corp— Deb s f 6s 1947 -.M&N Certificates of deposit 6s 4 54 81 Mackintosh-Hemphlll 5s'51_J&D Marlon St'm Shovel 6s *47—A&O 100 1st mtge 3s ser F 1961 A&O Inspiration Consolidated Copper 1st mtge conv 4s 1952 A&O Inter City Baking 5Ms 1948.J&J . Maple Leaf Milling— 5 Ms to 1949 J&D Marine Elev (Buff) ext 5s '52M&S / Marinette & Menominee Paper— 7 Ms 1936... ...M&N / 111M independent Brewing 6s '55.J&J Indian Refining 5s Dec 1 1941— Indiana Ice & Fuel 6 Ms '47-M&N Ind Limestone inc 6s 1952--M&N Prior lien s f 6s 1942 M&N Indianapolis Motor Speedway— 1st extended 6 Ms 1946 F&A Industrial Acceptance 4s 1952 J&J Ind Br'nhoist 6s Oct *54.An AprIndus Rayon 4Mb A 1948 J&J 102M Logan County Coal 7s 1942-M&N / 21 1st ext'd l-4s 1956 M&N / 12 Lo Ulard (P) Co g 7s 1944-.A&0 122 5s, 1951 F&A 124 M 1st • f 4s Feb 1 1957 19 J&J 50 30 30 23 M 24 23 M 28 52 % 52% _ Mahon 7 F&A 94 M Loew's Inc debsf 3 Ms 1946-F&A Muhlstedt Mat'ls 5s 1955 3M 30 46 M 47 M Leipzig Trade Fair Ys 1953-M&N f 14 Libby McNeil & Llbby— 1st mtge s I 4s 1955 J&J 101% Liberty Baking 6Ms 1944-,.M&S 82 Liggett & Myers g 7s 1944. -A&O 123 M Gold bonds 5s 1951 F&A 127 M Lincoln-Boyle Ice 6s 1947 A&O 50 Lindsay Nunn Pub 6s 1944,_M&S 99 Lion Oil Ret deb 4Ms 1952. A&O 93 Liquid Carbonic conv 4a '47-J&D 106 % Lukens Steel 5s extend 1955 M&N .... A&O internal 78 75 Equipt Co deb 5s 1949_—-F&A Grand Trunk Warehouse & Cold Storage 1st 3s 1958__A&C Granite City Pig Iron— Non-cum inc 6s Jan 1973. 100M J&D A Day Line— 1st & rei Grand Rapids Stores Steamship 29 10 Ref mtge Grand Rapids Operating Corj)—6s extended 1942—--——J&J Hansa 75 26 Hungarian Central Mutual Credit Mfg 7s 1937 J&J f Hungarian Disc & Exch Bank— 35-yr sf 7s 1963 ..J&J Hungarian-Italian Bank Ltd— Sinking fund 7Ms 1963 A&O Hydr Press Brick 6s 1944—A&O H>grade rood Products Corp— 1st f s 70 M&N 1st 5s 1962 international 82X 65 Grand Rapids Motor Coach— Cum inc 7s 1962 w s M&S / 1st extend 99 100 of Texas— 4Mssf debs 1954 1st mtge income 1975-— -J&D f Lehigh C & Nav fund 4s '48 J&J Cons s f g 4M8 1954 J&J Cons s f 4Ms 1954 ser C__J&J Lehigh Valley Coal— 1st 5s stamped 1944 / 1st & ref 5s 1954 F&A / Stamped 1954 / 1st & ref 5s 1964 F&A / Stamped 1964 / 1st & ref 5s 1974 F&A / Stamped 19"< 4 / Sec 6% notes ext to 1943--J&J / Stamped 1943. f Leonard Tietz—Set Tletz 100M 101 Housing & Realty Improv— (Berlin) 1st 7s 1946 M&N / Certificates ol 103 X S f deb 5s w w 1946 1st s f 5s ser 96 79 550 1st 3 Ms 1941 A&O 1st 3 Ms 1942 A&O 1st 4s 1947 A&O Home Serv Corp 6s 1957 A&O Home Service (Portland. Ore)— 1st coll 3-5s 1950 -.A&O 16 ■t Goodrich (B F) 4Ms 1956-. Gotham Silk Hosiery— Great Lakes Paper 53 Holly Sugar Corp— Conv deb i 102M 103M Interlake Iron Corp— Conv deb ■ f 4s 1947—.. A&O Globe Industrial Loan— See Investing Companies. Globe Wernicke 6s Cct 1 '4< O 102 Inland Car Lines 5s 1944 Inland Steel Co. 63 90 German Atlantic Cable 7s 1946-. 85 81 4M-6MB 1st mtge 1944—A&O Holland-Amer Line 6s '47--M&N III Car & Equip 5s 1948 Ilseder Steel mtge 6s iy48 105 104 1st mtge a f 5%s 1947 ser A.J&J General Electric (Germany)— f hs 1948 95 82 II Progresso Italo-Amer Pub— Debenture 6 Ms 1943 w W..A&0 A 1951 B 1954— Transport 3s 1942. General Cable corp— s 96 1st & ref 6s Jan 1949 A fis 1949 series B 98 Ref 5Mb series Ref 5M« series .ueD Healey Petroleum deb 5s 1948 J&J Helvetia Coal Min 1st 6s 58.A&0 Heywood-Wakefield 5s 1946 J&D Hmhtstown Rug 6Ms w w 1944-Hill Mfg Co ext 6s 1945 M&N Hines JLand & Timber b« '48..J&J Hoberg Paper Mills 5s 1946 -J&J Hoe (K) & Co 6-7s 1944 w s A&G 94 _ 63.00% / 56 Deb 97 1st 6Ms 52 Sinking fund deb 7s 94 _ S f 1st mtge 6s 1946 —J&J 2d mtge inc 6s Feb 1956 / Hudson River Navigation— 29 70 Gen Amer 1947 M&N Hudson River 6 1957— J&J / Inc— 1950 16 Hudson Coal Flour Mills of America Eraser Co 6s Jan 1 40M 14 / f _ ____ 104 M Firestone T & Rub3MB'48—A First Bohemian Uias& W orks 1st secured 7s 62" 80 33 1961—---M&S stamped 65" 4 103 notes 1947--———-J FinianU residential Mtge Bhl 4% Sf 6s 38 s f 4s 1954 Inc deb 5s 1989 Hearst i 'ublica 6 M s to Bid Lautaro Nitrate Co— Conv 17 2 17 2 f / f / 1956-—J&D deb Falstaff Brew deb 5s Bonds 97 1954-—F&A Ernesto Breda 7s month preceding tne date of issue— Ask Bid Bonds •"<*}?SSSdffi? thedata'of issue . 38M 3M 3M Namm (&A I) & Sons os 1947F&A Nassau (Ger) Landbank 6Ms 1938 / 23" Nat'l Acme 4Ms ext to '46..J&D 102 M National Central Bondholders Funding— All series National Central Savings Bank -F&A 4 Natl Consol Bond Corp 3-5s 1953. 85 (Hungary) 7Ms 1962. ' a Called for redemption, see page 111. Quoted In guilders. b Basis. / This price includes accrued Interest. k Last sale. n Nominal. r Canadian price. INDUSTRIAL August, 1940] 83 MISCELLANEOUS BONDS & ore "and interest" except where marked "f" and income and defaulted all securities are as near as possible for the closing day of the month preceding the date of NOTICE—All bond prices Quotations for Bonds Bid Nat Container deb 5%a *52. A&O Nat Dairy Prod3%sw w"51 M&N Natl Debenture Corp 4-6s 1953. 99 106% 52% 106% MAS 103% 104% 1940.M&N 86 91 Cum cony lnc 5s 1952 M&N Natl Grocers Ltd 4s 1947—.A&O 14 15% 1st M conv 5%s A 100 National Hungarian Ind Mtge Inst 7s 1948 M&N Nat Ice & Cold Storage (Calif)— 4, J&D 49 1st s f ext 3%s-6s 1952 National Industrial Loan- 51 See Investing Companies Eq tr 5s 1940 National Steel Corp— 1st collM 3s 1965. A&O A&O 1% 1941 103% 100% 100% 100% 101% 101% 101% 102% 102% A&O 1942 1943 1944 1945 A&O ... A&O A&O 1946 1947, ..A&O 1948, A&O A&O A&O 1949, National Supply— 1st M 3%s 1954 J&D National Terminals Corp— Gen & coll s f 6%s 1940...A&O Coll tr s f 6%s 1943 A&O Natl Tool oony deb 6s w w '42F& A Nat Union Mtge 4-6s A '54--J&J 3-5s series B 1954. J&J 90 91 90 90% 96 85 98 85 4_6s 1953.............. Potrero Sug 7s stmp 1947..M&N Pratt Cons Coal 1st s f 5s '55 J&J 46 76% Pressed Steel Car Co 5s '51—J&J 23 30 • 48% 48% 86 93 85 4.40 4.40 4.40 4.75 Equip trust 5%s ^ept 1 '40-'44 North American Cement Corp— Deb 6 %s A with warr '40-M&8 89% 18 4.00% 4.00% 4.00% 4.15% 89 92~" 26 1943. M&S Income 6%s 1953 M&S Nor Amer Refract 6%s 1944-J&J North German Lloyd— 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 '41-'43 Equip tr 4s ser J 1940.46.J&D 30 51 60 36% — . 3.50 3.75 Eq tr 3%s ser K 1940-48.-A&O Northern Elec & Nor Pap Mills— 1st 4s 1940-1947 —..M&N 1st mtge 5s to 1948 M&N 3.50 38% 2.50% 3.00% 2.75% 95 96 98 93 M&N 97 95 Northern Redwood Lumber— 6s 1937 J&D / N'westPub's Deb 4%s 1948.J&J Northwestern Barb Wire Co— 1st mtge s f 5%8W W1945.F&A 9 98% 99% 89% 89% 5%s without warr 1945.F&A 1st conv s f 3%s 1963 J&J OceanSSOo (Savannah) 5s '43 J&J O'Connor Moffat deb 6s 1948F&A O'Gara Coal 1st inc 5* 1955 M&S 51 91% 91% 53 85 86 10 li* Inc deb 7%s (w s) Aug 1 1953. Oregon-Am Lumber 6s 1942. A&o Oregon Pulp & P 6s to '45..M&N Oreg Terminals inc 58 1945..A&O Osgood Co deb g 6s 1943 J&D Oswego Falls Corp— 4 %s without warrants1952 M&S 20 39% Ohmer Fare Register 7s 1938_J&J Old Ben Coal Corp 6s (w s) 1948 41% 9 11 30 35 99 19 98 100 s f 4 Ho A 1962 J&J Pac Coast Cement 6s A1942. J& D 67 70 75% 77% Pacific Coast Co 5s 1946 55 60 J&D Pacific Western Oil 3 % 1949.F& A Pan-Amer Industrial 7s '37.M&S 97% Radio-Keith-Orpheum < -orpMidwest Corp ref 6s 1940.M&N Railway Express Agency Inc— 7-yr dlv notes 3%s 1944..J&D Panhandle Eastern Pipe Line— 1st mtge & lien 4» 1952 M&S 104 Paramount Pictures 3 %s '47.M&S 84% 37 41 Paton Mfg Ltd 1st 4%s '56.M&S 63 66 (Consol Co) M&N 97% Peerless Cement 1st 5s 1948.-J&J Penman's Ltd 1st 5%s '51..M&N Penn Amer Coal 6s 1941-56.-J&J 96 45 A.M&S15 50 3 100% 101 106 a Pettibone Mulliken— 6s w w 1943...... M&S / 19 109% Called for redemption; see page 111. /This price includes accrued interest. 98 106 98% 98% 106% 60 58 102% 99% 102% 103 105 101 106 38 106% 42 48 33 86 104 10 101% 30 16% 67 18 11 n Nominal, on r conv A&O 37 100% 65% 65% 83 6s 1946.F&A 95 A&O 62% A&O 39% / Stern Brothers 6s s f 1947...J&D Stevens & Thompson Paper— 12 10 15% 14% 11 46 Stillwater Worsted Mills— Deb 5 %s A1943 Stinnes (Hugo) Corp— 68 / F&A 7s 2d stamped 1946 A&O Stinnes (Hugo) Industries— 7s 2d stamped 1940 -J&J Certificates of deposit Strange (John) Paper 6s '44—J&J Strawbridge & Clothier— 40 99% 36 35 36 100 101% 82% 95% 1 M&S 1st M serial 6s 1940-1942.M&S / Summerfield Hecht— Extended 3-5s 1951---—-F&A 82 Sunlight Coal Co 5s 1947—J&J / 81 Superior Elevator & Forwading— 6s Jan 1 1951— 22 M&N Superior Oil 3%s debs 1950. A&O 99% Susquehanna Silk Mills— Sink fund deb 5s 1938—J&D / Swift & Co 3%s I960. 104 % M&N 95 Taggart Bros Co 6s 1944 J&D Taylor-Warton Iron & Steel— Coll inc 7 %s July 1 1958—A&O 85 Tenn Coal & RR 5s 1951 —J&J 125 Term Refrig & Warehouse Corp— 100 4%s 1948 A&O Term Warehouse 2d 5s *42..J&J 50 Texas Corp deb 3%s 1951..J&D a 103 104% 3% debentures 1959 A&O 3s debentures 1965 M&N 102% Texas Sugar Ret Corp 6s '44.F&A Thermoid Co 5s w w 1951..J&D 90 Three Rivers Grain & Elevator— 1st s f 5%s ser A 1951 M&S Tide Water Assoc Oil 3 %* '52J&J 98 105% Tietz (Leonard) 7%s x-w '46-J&J Tilden Lumb & Mills 6 %s'46M&S 9 88 — - _ _ - - 8 f 28 f 28 29% f 38% 38% 94% 40 9 75 32 40 11 Tivoli Brewing conv 5s 1947 J&D Tomahawk Krafs Paper— 1st 5a (with ttk) 1951..... A&O 39 f f Schulze Baking 1st 6s 1945.-M&S Scovill Mfg Co 5%8 1945—J&J 3% debentures 1950 J&J t Quotations based A: Last sale, 2 95% 82 — Stamped. 110% 106 103% 12% 12% 72 F&A f M&N t J&J f 93 2.00% Southern Improvement 1st 5s '41- / 12% Southern Kraft Corp— 1st leasehold 4%s 1940—J&D 102% Southern New England Ice— Studebaker Corp 6s 1945. J&J Stutz Motor Oar 7 %s 1937—A&O - 1st Msf 6s 1947 J&D / 19 3t L Rky Mt & P 5s '55 stpd J&J 36 9t Paul Un Stk Yds 5s 1946. A&O a 104 3altex Looms Inc 6s 1954...A&O } 6 6% notes 1937 Sayre & Fisher Brick 6s 1947. J&J Schoenstadt (H) & Son 6s 1950 Schulco Co 6%s 1946 J&J Stamped (July 1933 coup on) uar s f 6%s 1946 ser B..A&0 3.00 Equ p trust 5s E 1941-42—A&O & Equip trust 5s F 1941-45—F&A a 101 85 Shuron-Optical 6s 1951 Siemens & Halske— Deb g s f 6%s '51 with war M&S Deb 6s 2930..— Ann Apr f 200 Signode Steel Strap 3%s '45.A&O Silesian-Am Corp 7s 1941 F&A Silverw'd Dairies 5s '41 to '51 J&J 86% 100 Simmons Co Conv deb 4s*52A&O Simpsons Ltd— 1st & coll 4%s A 1951 62% J&J Skelly Oil 3s deb 1950 t F&A 100% 98 Slattery Co Inc 5%s 1954 J&J Smith (Howard) Paper Mills J.td 1st 4%b 1951. 63% J&D Smith (I. C) & Corona Typewr'rs Deb 2% to4%% to 1946—J&J 101 Smith & Wesson 5%s 1948 80 J&J Socony-Vacuum Oil Co— ' 3s debentures 1964..——J&J 104% South Coast Corp— Gen mtge inc 6s April 1950 78 Southern Advance Bag & Paonr— 1st mtge s f 4%s 1955 M&N 95% Southern Brighton Mills— 1st gtd 7s 1940 75 J&D 1st gtd 6%s 1940 55 —J&D 1st s f 5s 1948— M&S Struthers Wells Titusville— 1st mtges f 5%s w w 1949.A&O 18 17% 20 6% Riordon Pulp & Paper Ltd— 1st 6s June 30 1942—-J&D30 a 100 River Raisin Pap 1st 6s '45—F&A 100% Roberts & Oake (Chi) 6s *44. M&N Roch & Pitts O & I 5s 1946.M&N 101" Rocky Mtn Fuel 5s 1943—A&O f 15 Rolland Pap 1st 4%s A '51.M&N 65 f 7s 1945. Gen & ref 6%s 1951 97 92 J&J Sugar Estates of Oriente— 1st 7s 1942 ctfs of dep Sugar Pine Lumber Co— Richfield Oil of California— Conv «. f 4s 1952 M&S Richmond Cedar Works 6s 1953. Richmond Hos Mills 5s 1948-F&A Richmond (Va) Ice Co— 1st & ref 5-6%s 1947..— A&O s 96% —J&J 3%s extended to 1958 Richardson & Boynton Co— Cum income 4s 1945 J&J — * 59% 98% 98% J&J / 3%s assented 1946 / Rhine-Main-I>auube 7s *50 M&S / Rhode Island Ice 5s w-s *51—F&A / 1st extl 1937 A&O f Pennsylvania-Dixie Cement Corp Phelps Dodge 3%s 1952....J&D 57% Saratoga Victory Mills— 6%s with warrants 1943 J&J Saxon Pub Wks (Germany)— 96 Penna Cent Brewing 6s ser 100 70 95 Penn Dairies 1st s f 6s 1949—J&J Penn Mercantile Properties— Secured s f 4s 1961 J&J f 68 1941 98% 25 15-yr 2%s deb 1953——J&J 104% 23 Stanley Crandall 6s 1946—F&A a 102 % 100 Stanly-Rowl-Clark 6s 1946 F&A Starrett Corporation— Secured cum inc 3-5s Apr 1950 / 20% 97% 95% 1946 6 42 23 Stand Textile Prod 6%s '42 M&S / 61 1st extd 6s stamped 1945.M&N St Louis Gas & Coke Corp— A&O 98 4 Staley (A E) 1st mtge 4s '46.F&A a 103 Standard Ice 1st 6s 1947 F&A / 7 Standard Oil Co (N J)— Debenture 3s 1961 J&D 104% 24 86 Transportation Go 96 S'west Lumb Mills 5s 1955. -M&N / Spalding (A G) & Bros 5s '89M&N 101 Sahara Coal lnc deb 5s '40.M&N / St Louis Amuse't 1st 6s '45.A&0 St Louis Oar Co— 104% 1954 f 6s 1947 Southwest Dairy Products— Conv income 5s 1944 101% 101% 102% Roman Catholic Church 6%s 1946 / Rom Cath Church Welfare 7s 1946 / Ruhr Chemical 6s 1948 A&O / Ruhr Housing 6%s 1958... J&J / Pan Amer Petroleum & Tranapt 7-yr dlv notes 3%s 1943..J&D m s %-l % % June 1 & Dec 1 *41 %-l % % June 1 & Dec 1 '42 % % June 1 & Dec 1 '43 1 %-2 % June 1 & Dec 1 19442-2 % % June 1 & Dec 11945. 2 %-2 % % June 1 & Dec 1 '46 2 %-2 % % June 1 & Dec 1 *47 2%-2%% June 1& Dec 1 *48 Railway Whouse 4-6s (w-s) '47R< a'ty Bond & Mtge deb 4-6s '53. Reliance Grain Ltd 4%s 1952.J&J Remington Rand Inc — 20-yr dPb 4 %s w w 1956..M&S 4%s without warr'ts 1956 M&S Republic Steel Corp— Gen mtge 4%sser B 1961.F&A Gen mtge 4%s ser O 1956 M&N Purchase money 5%s '54.M&N Restigouche Paper Ltd 6s '48F&A Revere Copper & Brass— 1st mtge 4%s s f 1956 J&J Reynolds Met deb 3%s '51—J&D Rheem Mfg conv 5s 1948 A&O 1 73 98% 100% 100% 100% 100% 1 68 96% 100 - (Portland Me) 4s 1958—.A&O 3-3 %s 1940-1948 A&O 40 s lstsf 4 Ms 1967 Southern United Ice Co— 1st 4s w s 1950 103 94 1 40 f Pennsylvania Glass Sand Corp— 1st s f 4%s 1960. J&D 15 — Serial notes— Union 7«s 1st Sou Ice & Util 104% 37 101 66 72 100 Union Oil Corp— 2%s debs Southern Ice Co— 1st & ref 5-8s 1942 Roman Catholic Bishop Pan Amer Petrol Co (of Calif)lst conv a f 6s 1940... J&D15 1st 1946.M&N Richmond Radiator 5s 1948 M&N Rima Mte»*l' 'orp 1st s f 7s "55 F&A 60 Otis Steel f 5s 1953 ser A . Warehouse 1st 5%s Rheinelbe Nova Scotia Steel & Coal— s 12% 65% 103% Quiker City Cold Storage— 1st* f5sl953 -M&N Queen Dyeing 1st 5s 1944.._J&J / Quincy Market Cold Storage & 103% 99 6%s 1st -A&O %-l % June 1 & Dec 1 1940. _ Coal Co 58 90 1947—M&N Parity Bakeries 5s 1948. J&J 91 102 Pea body 56 55 1st Income 6s 1958 J&D Protestant Church of Germany— North American Car— deb 6s 1944 63 54 Produce Term & Cold Storage— . 75% 81% Nordberg Mfg Co 1st 6s 1943M&S conv 61 M&S 7a 1946 101 15 50 82" --M&S M&S 1st 5s 1957—— 2d conv deb 4s 1957 1st 3%s 1941-1943 85 44 5 f 52% 93% Prov Paper Ltd 5%s J&J 52 Price Bros & Co Ltd— 98 M&N Certificates of deposit 50% 55 JNew York World's Fair 1939— Parmelee —— 50 Potomac Deb Corp * H im 89% 5s to 1941 .......-.--M&S Potomac Bond Corp 3-5s 1953... Potomac Cons Deb Corp 4-6s '53. 103% Ask ~102 Shippers Oar Line— 99% 99% 92 Equip trust 4%s Aug 1 '40-'46. Equip trust 4%s Nov 25 '40-'43 b Equipt tr 4%s 1941-47.J&D15 102% 90 stamped 1942 101% Sheridan-Wyoming Coal Co— Certificates of deposit Port Royal Pulp & Paper— Rock Corp— . 102 Certificates of deposits— 6s Seneca Copper Corp 7s 1933-J&J Shaffer Oil & Ref 6s 1933M&S Shaker Co inc 7s 1936 M&N Shell 4-6s 1953.... 79 Debenture 6s 1943 99% Corp 4-6s 1953 Potomac Realty Atl Deb Corp— Extended at 5% to 1943—J&J N Y Shipbuilding 1st 5s '46-M&N Corp 4s 1952 93 104% Porto Rican Amer Tobacco— Conv 6s 1942 .—.....J&J 104 64% Deb 4s 1941 105% Potomac Md Deb 1st 6s ext 5%% 1942 M&N / N Y L E & W Dock & Impt— Nivelle Securities Acceptance Corp— Conv deb 4%s 1959 .J&J 108 104 ... - Bid Scripps (E W) deb 5%s 1943 F&A Scullin Steel 1st 6s 1941 A&O 1st conv 3-6s 1951 A&O Seattle Times deb 4%s '41.-J&D Deb 4%s 1948.... ..J&D — 14% ■IK Potomac Franklin Deb 4~6s 1953. 1st mtge s f 6s 1946,. J&D 6s stamped 1946 J&D Partlc deb 2d mtge 7s 1946 J&D 3% 66% 108 102 % 3 Poor & Co s f deb 4s 1946—A&O Portld Woolen Mills 6 %s'44 M&N 1.00% 103 103% Nekoosa-Edwards Pap 6s'43.J&J 104% New Eng Laundries 6s 1956.J&J New Niquero Sag 3 %s'40-'42- J&J / 18 N Y Dock Co 1st g 4s 1951.P&A 47% Cony 6% notes 1947—...A&O 47% NYLE&WC & KR— New York Trap ' M 1st ref 5s 1936—-———M&N f 2 Pocahontas Consol Collieries— 1st gold 5s 1957-,.-.—.J&J 104 16% b 2.00 15 Issue Bonds Ask 14 H _M&S Phillips Elec Works 5s 1953.F&A Phillips Petr 3s conv deb '48-M&S Phoenix Iron 1 st s f 6s 1946.M&N Phoenix Silk Mfg 7s 1943—F&A Pickering Lumber 6s A '46--M&N Pine Hill Collieries 1st 6s '42 A&O Pittsb Brewing 6s Feb 4 '49—r&J Pittsburgh Coal deb 6s '49—F&A Pittsburgh Coke & Iron Co— lot mtge conv 4 %s 1952—-M&S Pitts Crucible Steel 5s to 45.M&S Pitts Steel s f 6s 1948 F&A Pitts Term W'house & Transfer— . National Radiator Corp— Cum income deb 5s 1946..M&S f National Steel Car Line— Serial notes Bid 1973-J&J Phila & Read C & I 5s Conv deb 6s 1949 100 Nation tl Distillers Products— Conv 3%s debs 1949 National Pire Proofing Co— Bonds Ask bonds 78 Trask Timber lit 3s 1944 J&D Uchl Gold Mines 1st 6s 1941 J&D Ulen & Oo— Oonv 6s 4th stamp 1950.-F&A Unified Deben Corp 3-5s 1955 80 67 6 79 CO T}< 00 72 8% 50 Union Oil Co of California— 6s May 1 1942 ser A F&A 3s debentures 1959 F&A Union Rock 1st 6s s f 1947. .M&S United Amusement Corp— lstsf 5s ser A 1956—— —F&A United Biscuit deb 3%a '55.A&O 109% 102% 109% 102% 10 12 62 64 105% 106 96 Q> 102% 103% $89.50 of principal amount; 5% was paid on July 2 and 5% % on Sept. 25. Canadian funds. Basis. INDUSTRIAL 84 MISCELLANEOUS BONDS & NOTICE—All bond prices are "and interest" except where marked "V 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 5s 1953 F&A 5s series A 87 58 85 96 M&S15 834 83 4 58 4 62 92 95 Ltd— J&J 1948 .M&N 54s series B 1949 United Industrial 1st 6s 67 55 16 .M&N 30 204 1945-J&D Deb 6 4s 1941 30 54s 1943 Wise Yertientes-Camaguey Sugar— 1st coll conv 5s 1951 A< ^ertientes Sugar 1st 7s 1942— Certificates of deposit Yiau Biscuit Corp 6*4* '46--J Yicana Sugar Co 6s 1955 —J Victor Fuel 1st s f g 5s 1953 .J Wood & 104 "6" 4 / 37 34 '42-J&D 90 103 Va Iron Coal & Coke 5s '49.M&S 42 B 1949 _F&A 102 Vulcanite Portland Cement— U 8 Finishing 5s 1944 J&J U 8 Print & Litho 6s 1950—A&O 5 1st sink fund 6s U 8 Radiator ser deb 93 s 60 F&A 62 994 99 4 99 4 100 1004 1004 100 1004 100 100 1004 1004 100 1004 — 100 994 99 4 994 1004 1004 1004 1014 1004 1004 1004 1004 1004 1004 1004 1004 100 4 994 994 994 994 994 994 994 99 4 100 <• 1004 — - - — « ' 100 — — — - 6Hsseries A 1951. ...J&D 3 4s assented A 1951....... 6Hs series C 1951 J&D 3 Mb assented C 1951 64s aeries A 1947 J&J 34» assented A 1947 ... United Stockyards Corp— 15-yr coll tr 4 Ma A ww '51 A&O Universal Sewer Pipe 6s 1943-J&J Utah Ice & Storage (Colo)— 6s debentures 25 18 20 ........ 88 30 J&D 63 1948 .T&J 69 113 52 924 884 J&D 105 1054 1034 104 EXCHANGE SEATS No. 314 1941 M&S f 5Ma notes 1937— M&S / 24 Warren (8 D) Co— 1004 1st mtge s f 44s 1952 M&N 87 Conv aeb 4 4« 1952 M&N 90 Watab Paper 1st 6 Ma 1942--J&J 92 Webster CW 1st g 5s *42 op M&S / 4 West Va Pgh Coal 6s 1947— West Va Pulp & Paper Co— 101 1st mtge 3s 1954 J&D 101 Western Dairies Prod 64s '41J&D Western Fruit Express— 44s ser E Western Newspaper Conv deb 6s 1944 Union— N Y Cotton Exch— 103 —_ 90 94" 1014 475 Boston Stock Exch. 2,500 1,100 500 76 127 Chicago Bd of Tr—1,549 Chic Merc Exch— 473 342 350 213 Los 4,100 1,000 Stk. 73 157 Minn Ch of Comm. 623 Minn-St P Stk Ex. 18 _ White 103 Montreal Curb Ex_ 1014 102 Montreal Stock Ex. Mew Orl Cotton Ex 110 113 New Orl Stock Ex. _ 1/80 42 500 San Fran Stock Ex. 69 16,500 Seattle Stock Exch ',ilH \ 30 75 [ Toronto Stock Exch Washington Stk Ex 113 Winnipeg Gr Exch. Seattle Curb & M 1064 1004 "650 500 43 5,000 500 620 Salt Lake Stock Ex. 5-year 7s ser A 1930 J&J 78 Secured 6s 1945 M&S 20 Wilbur-Suchard 4s 1952—-—- f 1054 Wilson & Co 4s ser A 1955—J&J 994 Conv debs 34s 1947 A&O 100 '450 700 450 400 2.50 i",666 $12,000 12,000 18,000 40 250 200 463 $1,200 '150 . /This price includes accrued interest. 6 Basis, 100 Pittsb Stock Exch. 84 "150 1,150 1,000 t6,000 $18,000 500 70 200 100 Phila Stock Exch— 102 994 M&N 4",500 150 St Louis Exchange. Sewing Machine— 375 1,600 2,500 650 525 650 65 of Tr) Ang Stock Exch Milw Grain & Weyenberg Shoe Mfg— Debenture 44s 1945^ ---J&D 1024 27 Wheeler Osgood Co 6s 1941.M&S / 1st 4s 1953 --J&J / 284 1st M sf 44sser A 1966--F&A Whitaker Paper 7s 1942 M&N 58 Kan City (Bd 534 3,800 1,200 2,250 Ft Worth Gr & Cot 24 750 2,500 1,500 41 1.25%. Cleveland Stk ExcL 1.30% Detroit Stock Exch 22 52 F&A 110 Assoc membershBaltimore Stk Exch 7 b 1.75 1949—J&J / Last Sale 1,375 $40,000 $35,000 $50,000 5,000 3,800 3,800 450 1,800 1,800 NYCof&SugEx. 344 N Y Curb Exch 6,900 550 '875 700 750 Commodity Exch.. 894 165 NY Prod Exch 1,244 N Y Stock Exch—. 26 b 1.75 1941-44._ J&D 1940-1945—M&N Eq tr 44s ser D Western Grain Co 6s 300 1,500 ft Last sale. n Nomina day of the month preceding the date of Issue. Par Bid 100 100 100 Denver 100 Des Moines 100 First Carolinas —...100 Fremont. ...—...100 Lincoln 100 New York 100 North Carolina..... ..100 Stocks Ask Bid Bonds Ask Bid 92 111 90 ---J&J '44.A&0 A&O —— Youngstown Sheet & Tube— Ist.M 8 f 4s8er C 1961 M&N Conv 4s debs 1948 M&S 100 21" f deb 6s s Quotations are for the last Bonds 50 184 Wickwire Spencer Steel— 7s certificates of deposit 1935-— / Prior lien 7s certificates 1935 , 874 Mach 6s 1947 Debenture 6s 1943 100 100 70" Warren Bros Co— Deb 6s 1940 21 York Ice 68 Warner-Qulnlan Co 6s 1939-M&8 / Warner Sugar Corp 7s 1939-J&J / 18 20 - 794 A&O 1944 $ Canadian dollar value, a Called for redemption; see page 111. rCanadian price, s Sale price, x Ex-interest, y 80 seats, 70 members. Ask 82 Lincoln 4 4s 80 83 Atlanta 78 99 Lincoln 5s__. 82 85 Atlantic-.--- 48 52 99 6 Atlanta 4s, 14s Atlantic 4s, 14s Dallas 63 73 55 58 18 Lincoln 54s New York 5s 824 99 North Carolina 4s, 14s 99 99 Burlington Chicago Denver 14s, 3s First Carolina 14s, 2s First Montgomery 3s, 34s First New Orleans Is, 2s.., First Texas 2s, 24s First Trust of Chicago— Refunding 1, 14 & 14« Fletcher 4s. 34s Fremont 44s, 54s——.. Illinois Midwest 448, 6s... Indianapolis 5s .... Iowa 44s, 44s Lafayette 4s, 2s r 6s 1942 Yates-Am Mach 3-6Ma 684 — -- Mfg Co Ltd— 1st 3s to 1941 -—J&J r 99 99 3 4s series A 1942-1945—J&J r 4s series A 1946-1947 J&J r 99 4 4s series A 1952 J&J r 88 108 Woodward Iron 1st lien 5s '62J&J 2d conv inc 5s 1962..Ann Apr / 110 Woodward & Tier nan Print— 104 82"" 45 68 1937.-A&O / Woods 1044 104 4 M&S 1948 1st 6s Warner Co Wheeling Steel Corp— 20 -- 73 _ Conv — 1004 1004 1004 1004 1004 2.60% due Nov 1 1954 2.65% due May 1 1955 1954 50 _ 4 Ma 1945.._ J&D 1024 Waltham W'tch & Cl'k 6s '43 J&D 50 Walton Lumber 1st 6 Ma '41 Q-Jan / 79 Walworth Co 6s 8 f deb 1955. A&G 68 20-yr 1st mtge 4s 1955 A&O Warner Bros Pictures— 1004 100 United Steel Works (Germany)— 4-5s 60 1945—M&S (Hiram)-G & W— Walker Deb .375% due Nov. 1 1940 .50% due May 1 1941 .625% due Nov 11941 .75% due May 1 1942 .875% due Nov 1 1942 1.00% due May 1 1943 1.125% due Nov 1 1943 1.25% due May 11944 1.375% due Nov 1 1944 1.50% due May 1 1945 1.625% due Nov 1 1945 1.75% due May 1 19461.80% due Nov 1 1946 1.85% due May 1 1947 1.90% due Nov 1 1947 1.95% due May 1 1948 2.00% due Nov 1 1948 2.05% due May 1 1949 2.10% due Nov 1 1949 2.15% due May 1 1950 2.20% due Nov 1 1950--- — 2.25% due May 11951 2.30% due Nov 11951 2.35% due May 1 1952 2.40% due Nov 1 1952 2.45% due May 1 1953 2.50% due Nov 1 1953 2.55% due May 1 1954 Utilities Elkhorn Coal 6s 7 Ma Walker Coal & Ice 6s Corp—- f 5s 1946 United States Steel Corp— Serial debentures— conv 49" 76 1943 —M&N Wabasso Oofn 4s-44s '51 F&A 1st 82 ._M&N English coll 7s '39. _M&N / Woods Bros Corp 6s 100 Va Hardwood Lumber 6s U 8 Cold Storage (Kan City)— 1st sink fund Hs ser A 1946 .FAA 101 '38-A&0 / Lime & Cement 6s Extend income 6s 1963 r -M&S - 754 744 Witherbee Sherman Inc— 85 / Ask Bid Bonds Wilson (W P) inc 64s 1945.M&N Winslow Bros & Smith— 88 5s 66 United Elec Coal Cos inc 7s 1940. United Grain Growers ext Ask Bid Bonds Valvoline Oil United Cigar-Whelan Store#— S f 5s Oct 1 1952 A&O United Corps Ltd in^ United Drugs 5s 1953 Ask Bid Bonds Oregon Washington Pennsylvania 14s, 14s- 35 34 3 99 82" 80 40 984 ■ 99 Phoenix 5s 103 99 Phoenix 44s 102 Potomac - 994 14s 99 St. Louis San Antonio 4s, 2s Southern Minnesota 12 994 Southwest (Ark.) 5s 23 80 Union Detroit 24s...... 100 ..........—100 Potomac San Antonio— 13 85 99 Virginian Is, 14s 100 98 100 Pennsylvania 99 63 «. — 21 99 .....— 99 m m> ——5 Virginia ■ — Virginia-Carolina. ......-.--100 50 51 14 24 5 7 7 90 4 86 30 34 100 110 100 105 24 3 105 100 --- 99 Quotation shown for all maturities. Company in receivership. Investing Companies Stocks and Bonds Concluded from page 72 Stocks and Bonds Par Per Seaboard Finance Corp 1 $2 cum pref w w * $2 cum preferred i * Second Carey Trust 100 Second Investors $3 prior pref.25 $1.50 convertible preferred 5 Securities Co of N Y cons 4s Securities Corp General com 34 204 204 Securities Invest com Preferred Selected Amer Shares Inc Selected Income Shares 34 4. 1 30 100 .24 l * 44s Mar 1 1942 M&S 5s March 1 1952— —M&S Sovereign Invest. Inc., new * 23 . 30 Selected Industries com * .......25 $5.60 prior stock Convertible stock 5 Allotment certificates ........ Shawmut Bank Inv Trust— Common 44 23 7 * i5o" 99 7.58 8.26 Ipanish & Gen Corp Ltd— Am dep rets ord reg— £1 Amer dep rcta ord bearer—£1 •ipencer Trask Fund Inc ...• Standard Amer Trust Shares 1 Standard Investing Corp— $5.50 preferred w w—... * Standard Utilities Inc ...50c 'State St Investment Corp * Super Corp Class A A ..........1 — ~~4 Supervised Shares— 45 24 43 % 4 73"" 5,47 slH 78 6.05 Am dep rets 1 deferred—.—£1 Transamerica Corp—.......—2 Tri-Contlnental Corp —• 6% cum preferred.... • Warrants —-— 5s conv deb 1953 —J&J * No par value. A 24 « Ex-coupon*. "H 14.36 3 Trusteed Amer Bank Shares B 25c Trusteed Industry Shares 25c Trustee N Y Bank Shares——1 ♦Trustee Stand Invest ser C....1 ♦Class D 1 ♦Trustee Standard 8.37 44 32 4 484 24 4 44 14 $ 1054 ♦Series B Oil shares A.l ...—1 — - * Union Investment common — 1946 M&S U S Elec Light & Pow tr ctf A — Trust ctfsseries B ... U 8 & Foreign Securities com—* 9.10 $6 1st preferred * 44 U. 8. & International Sec..——* 1st pref with warrants.. 42 • Util Equities Corp com 50 10c $5.50 priority stock —1 104 Utility & Industrial Corp —6 Convertible preferred —7 14 5 Wellington Fund ....—1 14 Western Reserve Inventing— Deb 54" 1944 F&A 694 614 2~24 Ask Bid Per .34 59 Par share 94 2 Talcott (James) com.. _9 54% partic preferred ..60 Tobacco & Allied Stocks Inc • Tobacco Securities Trust Ltd— Am dep rets ordinary £1 Quotations not furnished by sponsor or issuer. of Amer class A—2 Class B 13 Stocks and Bonds Ask Bid Per 3.70 43 4 Par share 45 [38 30 Stocks and Bonds Ask Bid Conv deb 6s .48 .53 .71 .89 1.20 1.10 2.13 2.23 2.07 2.17 4.68 4.40 24 154 2.00 4 83 78 51* 14 12.54 100 3/ n Nominal. 5: 4 42 4 78 ft Last sale, 34 102 100 1064 / Fiat price, share I Ex-dividend. 47 2 13 8 Per share Mfg— Preferred.. -100 23% 4% 27 y 5y 3y 2 88 "5" 15 4% 42 6% 48 30 Booth Mills.... (Richard) Mfg Co com * Border Oity Mfg 100 Botany Worsted5 10 * 4 4% 5 m 3% 3 6 8 4% Bradley Knitting— 1st preferred.. 100 Brighton MillsPreferred. 100 Cabot Mfg.....100 Oleve Worsted Mill Common • 100 Process..* Woodslde Cotton.20 4 6 26 y 8% 61H % 28 100 18 13 Hathaway Mfg.-100 * $6 part pref A-._* Kilburu M (NT B>_75 Ludlow Mfg Assoc. * Luther Mfg 100 Martel Mills— l'nits 8% 78 78 4% 4% 33 7 5 16 1% 41 45 Preferred no Preferred 16y Mining Amer Zinc y % 1 100 96 Smelting.... 25 84 y 20 87 $5 prior Andes Copper M.20 35 Bagdad 25 27 Black Hawk Consol Mines... 1 Bol Inca Mining.... 8 6y 40 Bralorre Mines Ltd* Bulolo 12 16 23 18 ASull'nM AC2H Butte Copper & 27 13 y 116 Zinc 7 7 Highland Pk Mfg 20 6% preferred Imperial Yarn 40 45 56 62 Chief Consol Min.. 1 Chile Copper 25 97 102 Clear Creek Cons— Common. 10c Olemenceau Min 25c Consol Copper 5 ( 2y Copper Corp Nashua M (N H) 100 P eferred 100 5 7 . 100 30 40 lOH 30 40 Cons Min A Smelt 100 36 42 Copper Canyon. 10c Copper Range * Cornucopia Gold-5c Lanett 23 28 5 7 Preferred 21 100 Limestone Cot Mills Linford Mills Laurens C M 26 New Bedford * 6% prior pref..50 Pacific Mills * Patchogue Plymouth Mills com—.—1 Pepperell Mfg 100 Pilgrim Mills 100 QuTssett Mills 100 Rich Borden Mfg-— y 8 50 38 43" 20 22 20 22 20 49 y 22 9% 50% 11% 46 120 47 55 25 27 $4 preferred Mills Mil! pref.. 100 Mock Judson Voe— 53 60 90 95 Mills .100 Mooresville Cotton. • 25 97 54 60 20 24 20 17 y 7 % preferred.. 100 Riverdale Mills— 38 31 7 % preferred- -100 65 5 Riverside & Dan Riv 83 89 35 Tubize Chatillon.-l Class A: ....1 29 y 31 7% preferred.. 100 S3 6% 88 United Elastic * Knitting 50 I 5% preferred 50 t Utlca A Mohawk Cotton Mills.. 100 Wamsutta M... 100 Utica 5y 6 27 y 6% 8% 7 29 7 62 Southern 8 7 13% 5 Acme Spinning.—. Alabama Mills....* Amer Enka ___* Amer Yarn & Ptoc— i y 3 iy 51 55 60 .100 ...* 100 Preferred Arcade Cotton Mills ...25 1 46 ~ " 104 100 "s" 7 Beaumont Mfg 50 7% preferred 95 Belton Mills (SO) .25 Preferred.. Bibb Mfg -.100 A. 100 ~4~ 79 7% preferred.. 100 Burlington Mills...! 50 84 25 1 y 88 92 17 43 38c Washington Tin Plate 26 y 100 White Knob Copper Preferred 10 75c Wright Hargreaves Mines * 4 3% 1H 5% i 5% REAL ESTATE TR A LAND STOCKS 3y e 50c e 3% 24% 24 % 23' 19 ._ y* 8y Bos Stor W'h'se.lOO e 20 Boston Wharf e 11 100 25 5 Cent Bldg Tr_..100 e Chic R E Trus's. 10ft e i e 1H y City RET (C)..5ftft St .... 5 50 25c 35c Congress 5% 2iy 5% 23 y ates (Boston).Iftft Factory Bldg Tr.lftft e e 2 15C 25c Fiftv Associates (B) Hotel Tr(Bo8ton)lftft e 250 4 3% H 73c 13% 7% Vs Assoc! Kimball Bldg Tr 10ft 2 e .... 6 e .... 1 81c 13% TITLE GUAR ANTES A SAFE DEPOSIT STKS 8 106 Amer Title A Guar25 5% Bankers Bond A i6 y 18 y 1 30 y Mortgage Guar.. • Columbia (D O)—.5 EmpirpTitle Afiut0< 14 Real Estate (DO) 100 1% 150 Title Guar A 9 Trust * "s" Isle 1 Royale Cop. .25 Jardine Mining.... 1 Kennecott Copper.* 10 12 Kildun Mining....1 93 5% 20 6 99 8 Lake Shore Mines. 1 Lava Cap Gold Mini Louisiana L'd A Ex 1 23" 19 45" Stowe Spinning 42 47 75* 81 40% 29% Abbott 14% 15% 5% 5% Aberrrombe A Fitch 5 Thomaston Cotton Mills common .100 12 1% 99 103 5 12 15 42 46 Ohio Copper Utah 118 1 17% % % 12% Addressograph Multigraph Corp 10 Advance Rumely. 13H 2% 67c Aeolian Co— 12 % 63c 4y 4% 28y 28 y 7y 99 7% preferred.. 100 97 Mining Com..25c 50 45" Preferred B 2C 44 10 17 Aero 3 9 5% 6% 20 y 21% 5% 5% 1% Industries Technical Inst...l Aero 13% 7 6% preferred A.5ft Supply Mfg— ...1 Aeronautical Corp.l 5% 4% % Warrants 1% 60% 23 y Aetna Rubber— Preferred .100 20 "6" Aetna Stand Engine* 6% Agfa An8co (Del). Agnew-surpass Shoe 16% % 33 y 35 41c 45c pommon Preferred 6c li * .....10ft! ... Rights.......... 1 12 r Alnsworth Mfg....5 Air Associates 1 Aircraft Accessoriesl Aircraft Precision 100 _____ Qteel Acme Wire Class A—... Class B 3 Oklahoma Interstate Ware Shoals Mfg 100 33H Arme of Old Dominion Co.25 2y 5 Abraham A Straus.* Adams Millis 23 Mines...* 8 55 55c Abitibi Pow A Pap.* 27 % 13c i y 59% North Butte... 2.50 60 45c 2H Noranda 6 $6 preferred 75 Aberfoyle Mfg.. 10ft Preferred 100 7% preferred—100 ~iy — Nlpissing Mines 5 18 Common .......1 6% preferred .10ft 25 1 65 117 27 >6 7c 28% 7% 60" 57 y * 4 H % conv pfd 100 Abbotts' Dairy * 30c Newmont Mining. 10 N Y A Honduras Rosario 10 13 9% y 4 123 and Mines com.. * New Jersey Zinc..25 y 15c * Lab'tories 39% 29H Mt City Copper..5c National Tunnel 11 130 INHTTSTRIAL AND MISCELLANEOUS 5 27 Canada West Jersey Title A Guar Co 50 7y McIntyrePorcuplne5 Miami Copper....5 Mining Corp of 118 3y 20 5% 24 7 Magma Copper Col 0 9 lie 4% King David Min.50c Kirkland LakeGold 1 40 1st 7% pref 100 2d 5% pref. ..100 7c 8% 3% 24% $6 preferred 8 83 100 20 of New York Copper 20 Internatl Mining..1 Island Creek Ooal.l 104 1st M 6s Jan 1941 Wallace Mfg Co 27 y » 6 3y 4% 89 ;. Victor-Monagh'n 100 7% preferred.. 100 Victory Yarn Mills— 55 50 .1 y 5% Utah Copper Co..10 Utah Metal A Tun.l 1 Walker Mining iok 10 • Illinois Zinc 8y 67 Union-Buffalo Mills Common 10 17 1 "% 25 14 Inspiration Cons 6%% pref—.100 79 41 Tonop Bel't Dev 10c Tonopah Mining..! Copper Land A B Stove.. o Hudson Bay Min & Smelting * Idaho Md Mines.. 1 ____ Textiles Inc com..10 Class A pref...100 Class B pref 50 2% 48 1% Sterling Spinning.. Anderson Cotton Calhoun Mills 5 1 12 H common 50 6 20 y St&rtex Mills 110 105 % 5% 7% 1% 2y Union A, Mining Homestake Mines Franklin Spartan Mills Abbeville Mills 22c 10 % Howe Sound Oo 103 7% prefarredlOO Southern Weaving.* Southern Kills Brandon Corp Class B ♦ Process com... 14 » 1 25 & Print Wks 30 — 6% preferred... 100 Rowan Cotton Mills Saxon Mills—....50 Smyre (A M> Mfg 10 7 % preferred Southern Bleachery Preferred 27 — Southern Worsted— 1st mtge notes. Wayne Knit Mills.5 Avondale Mills - Common-. 14c 28 y Copper Oo 100 Hecla Mining...25c Hollinger Mines...5 100 27 15 30 42 20% £ Power common..5 81 101 Poe (F W) Mfg. .100 Ranlo Mfg. 10 5 % preferred. -100 Soule Mill (N B)_100 35 20% 9% % Oorpl 0 Goldfleld Consol Mines. 55 76 Mfg Mfg 5% 5% Mining.lOc Greene Cananea 50 23 3% Golden Cycle 14" Mills... 100 100 Pickens y* Sunshine Teck Hughes 1 Tintic Standard.-.1 Granby Cons MSA Perfection Spinning. 20 — 17 2 60 17 7% preferred —100 Federal Mining A Smelting new General Tin 65 Orr Cot Piedmont Silver-Lead.1 4% 1 60 20 Pacolet Mfg Inc 45" Norris Cot Mills 1% Rayon.* 7% preferred..100 2 Newberry C M_.l0O 14 4% Evans-Wallowcr 62 14 10 41 68 15 y Sanford Mills Mills 59 3% 4% 1Vs 5 Silver King Ooal—5 Preferred 100 Evans Wall Lead— 50 25 % ..20 Eaele Pi( h Lead. Zinc. Musgrove Cotton 18% Mfg Appleton Co Gold Min A M..1 Dome Mines Ltd.. * 42 66 y 15 13 y 15 y Common Skenandoa 27 7% preferred.-100 Saco Lowell Shops (F R) 23" 3c 32 y Oresson Consolidated 113 Monarch 5 20 , See Indus. Stocks See Borden— Preferred 41 36 . Majestic Mfg Marion Mfg Co.. May Hos'y Mills 100 Nat Yarn Mills Roxboro Knitting— Preferred. 3 Sagamore B Bleachery A Dye Works com 10 Naumkeag Steam * 95 Judson Mills A 3% . e pflOO King (I P> Mfsr 54 snares. Cerro de Pasco 65 Mills y 1H Joseph Lead...10 Stand Central Am Mines. 1 Central Eureka 1 CottoD Mills pref 1.10 Ltd Amer Zinc-Lead Co...... 1 Calumet A Heela_.5 10 7% 6 5 7 1'referred 100 Co. Callahan 87 82 12 y St Anth Gold M...1 5 5 Inman 55 Bunker Hill 11 y 113 Pocahontas.....* Quincy 25 Roan Antelope Min Dredg¬ 4 Industrial 19" 62 51 Rayon class A. .25 N J Worsted pf-.lOO Newmarket Mfg * Nonquitt Mills * North Amer Rayon— Com class A * Gold ing, Ltd Henrietta Mills— 5% Com class B 6 Copper 36 Preferred 100 Nashawena Mills..* Cotton 50 10 2 1 pf 25 conv Mining Co 4% preferred 89 y 115 An*"onda Copper 83 1 S3 prior pref—— 20 110% A 31 49 2nd preferred 10 Lead 21 Hartsville Cot Mills. '9% 7 8l" Premier Gold M 1 Preston East Dome I 77^ 141 Gold 12 30 22 Mining..25c Pond Creek STOCKS Alaska Juneau 104 Hamrick Mills 70 Polaris 11 52 36 Knit 5 7% preferred 100 1% Pioneer Gold Ltd..) So Am Gold A Plat.l MINING 20 Hanes (F Hi 6% 1.05 Shattuck Denn Glen wood Mills. 100 15 ctfs__l0 Gold 16 St 9 14 1% 1 Consol 98 % 24 Go<"*ett Mills.... 22 1Vs 13 H 100 47 109 9 3% Enterprise— 75 50 43 5y 3% Mines 9 8% share 4y Patino Mines A 3y 100 Penmans Ltd com.* 23 100 (Baltimore) 100 Wabasso Cotton Co - 117 2 H Pa to Preferred .100 Domin Text Ltd * Preferred 100 Montreal Cottons. 8 pref—-.10 GraitevillP _ 27 99 Can Converters. 100 Can Cottons Ltd 100 2 7 urendel Mills— Preferred......20 .... Merrtmac Mfg..100 Preferred 100 Mt V-Woodb Mills 82 45 12 Gaffney Mfg..—50 57 Genera) Cotton * Globe Knitting..2H Goodall Worsted .50 GosnoldM (N B>_.* Prior preferred.25 Hartford Rayon vtel 45 75 42 Dwight Mfg—12% Eagle Yarn Easley Cotton Mills 7% preferred _ Efird Mfg 100 Erwin Cotton 20 Conv 60 22 Dredging 40 Bid Par Oriental Consol Mining 10 Pacific Tin Consolidated 1 Park-Utah Consol 7 Amer shs Hosiery— 78 Stocks Per 123 Canadian Mills See Indus, stks 9% 62 y , 61 116 5 112 Gainesville Cot Mills 5% units Spinning.. Dtilas Mfg (Ala) 100 D*ri'srton Mfg(8C> 5 Drayton Mills 20 Dunean Mills....20 7% preferred.. 100 West Point Mfg..20 Winget Yarn Mills II Ask share 97 56 7 % preferred. _ 100 Fulton Bag A Cotton Mills _* 32 29 92 Crescent 6% preferred.. 100 Flint Mfg Oo 10 7% preferred Florence Mills—100 Loom Kendall Co com Mtge 6s.. Wiscassett Mills.. 73 Durham Borden Preferred-- 19 69" 7 14 Spinning Oo * 6% preferred.—* the 90 5 SI 3^ conv pref.20 Berkshire Fine of 90 85 Chlquola Mfg 20 6% preferred Clifton Mfg (SO) 100 Climax Spinning. .50 Columbus Mfg (Ga) Common .100 Converse (D E).10G .10 Draper Corp.. Farr Alpaca 85 5% 4% China Grove Cot... 70 4 Mills class A Wellington Mills * Preferred.. ..100 23 Beacon Preferred Bourne Mills. Washington MlllslOO 33 8% preferred.. 100 1 100 Beaunit Mills 23 32 % 18 _ Atlantic Rayon Bates Mfg.. 21 65 * ..... Apponaug Oo Arlington Mills.. 100 Fruit Par Bid Per Stocks Callaway Mills....* Cannon Mills .* Ch&dwick-Hosklni Co common 10 Northern Mills Amoskeag Co_ Franklin Ask Bid of the month preceding the date of issue Per share TEXTILE STOCKS Preferred- Par Stocks Ask Bid (jay possible for the closing Quotations for all securities are as near as 16 .1 Airplane A Marine Direction Finder 4y 11 2 10c 3% y . Airplane Mfg A Sup 1 17 y l6I" 1 Keduc'n com.-* 42 Air Air-Way Electric Appliance /, * y 1 * Without par, value, rCanadian price, Called for redemption; t New stock, x Ex-dividend. a see page 111. e Purchaser also pays accrued dividend. / Flat price /(Last sale, n Nominal, INDUSTRIAL 86 Stocks Par Albany Packing. 100 Preferred 100 Alberene Stone of Va Vot trust ctfs 5 Am Mach 8c Met 86" Alexander Dept Stsl Hamilton 5 100 * Paper Mills. 1 Allied Prod (Mich)— CI A conv 25 Common -.10 Allied Stores Corp.* Allied 5% preferred--100 "6% 5% Alloy Cast Steel--.* 20 Alpha Portl Cem..* Altorfer Bros com * Conv pref * 100 ~9% 7% "3" 2% We 2% * Aluminum Ltd 6% preferred-.100 Leather 1 6% conv pref—50 Amalg Sugar 1 Amerada Corp * Amer Agric Chem.* Amer Air Lines...10 7% cum pref 100 146 11 4% 19% 17% 10% 6% 62% 12 6% 68 Amer Seal-Kap Amer Seating * Arch 13 17 American 49 55 12% 12% * * 10 Class A Class B 50 Bemberg com.* 6% preferred 100 6% non-cum pfl00 Amer Steamship. 100 Am Steel F'dries Am Sumatra Tob Amer Television, 3 14% 60% 35% 60% 57% 7% 38% 40 15 17 95 Preferred B__ 5 7% preferred A.Brake Sh & Fdy— Common * 5%% conv pf_100 25 American Can 7% preferred--100 American Canadian * * 7 % preferred. 100 Amer Car & Fdy 4 132% 95% 174 177 1% _ 1% 24% 43% 24% 42% Preferred 100 100 105 119 122 American Cigarette 8c Cigar Co 100 140 200 pref. 100 Chicle Preferred 100 5% 6 72 13 20 com 5 8% 76% 80 24% 44 35% 11% 36 10 5% preferred—.10 2d series 10 11% Distilling pf 10 Amer Dist Teleg * 2% Amer 7% preferred-.100 Amer Dredging..100 American Encaustic Tiling Co ,.1 Amer Export Airlines Common. 50c Amer Export Lines 1 89 100 . 12% 12% 2% 115% * com Felt 6 7 1% 2 65 69 25 Amer Hard Rubb.50 15 16 8% preferred—100 100 6% preferred.-.50 Amer Home Prod._l Amer Ice Co * 6% non-cum pf 100 Amer Insulator * $1.50 prior pref. 10 Foamite Corp. Warrants Amer Locker classA* B ..* Locomotive.* Class 7% preferred..100 Fdy.* Amer Mach & 12 38 20c • 55 12% 12% value, a 14% 11% 1% 10% 1 8% 5 4% 11 8 r 109 • _ 5% 67 .. 5% 74% 64% 2 £1 * 50 non-cum 1 2 6 % - 11% 5% 2 30 Optical com...10 5% preferred.. 100 Bayuk Cigars 7% 1st oref.-.lOO 27% 29% 27% 111% its 10 22% Beatrice Cream-.25 $5 preferred w w.* 10% 11% 21 107% 2% 23% 2% % 6 38* 10 Brummell Ties Inc Beech 4 Aircraft-_ Beldlng Hem'way..* ..1 8c Stk 4 15 5 4% 121 8% 16% 17* * 114% 5% Auburn Automob..* yg w i* New 4 % pref w i 50 Austin Nlch & Co__* prior Called for redemption; A__* see page 120 5% 3/ c/a 2% 2% 18 2% 15% 111. Casket * com Braniff Airways.2% Breeze Corp 1 22 2% 31% 15 9 5 35 33% 15 15 7% 5% Brewing Co of Am.3 Brewster Aeronaut'! 1 * B 7% preferred ..100 Brillo Mfg * Class 10% 6 Bridgeport Brass.. * Bridgep't Hydr'lic20 Bridgeport Mach..* Preferred 100 Briggs Mfg * Briggs & Stratton..* Brill Corp class A..* A * 9% 34% 1% 30 18% 34 2% % 26 11 25 Bristol Brass 32 79 25 Inc. 40% Bristol-Myers 5 Brit-Amer Oil 42 Ltd— Coupon shares..* Brit-Amer Tob reg£l Ordinary bearer£1 Brockway Motor Truck 10. com 11% 6 8 3% 3% Brooke (E G) Iron.5 Brown Co 6% pf -100 Brown Fence & Wire 17 1 2 * 9 common A Class Brown pref Forman Distillery * 1% 30 1% Brown & Sharp 166 30 Brown Shoe » Bruce (E L) Co 5 6 7% preferred-.100 3%% pref.... 100 70 Bruck Silk Mills * * $5 preferred Brunswick Site 39 3 * 10 104 Bucyrus-Erie Co-.5 7% cum pref. .100 105 Buda Co com—100 12 Budd (E G) Mfg..* 7 % preferred - _ 100 39 Budd Wheel 5 * Watch 52 Bulova 55 Burdines Inc 1 6 Preferred * 42 1% 30% Burger * Brewing 4 6 1 % 25% 29% 35 ■ 38 Burkart 50 tF) 1 25 $2.20 preferred..* 32 Common Burma Corp Ltd— Am dep receipts.- Burns Bros Coal.. lc 12c * 1 * 7% % 2% 3% Burroughs Adding 92 Rurry 10% Bush Terra Co com 1 9% 3% 31% 27 1% 14% 79 119% 2 4% 28% 2% 79% 120% 2 % 7% preferred-.100 Bickfords Inc * 70 10% 11% 37 39 19% Billings & Spen Bing & Bing * 100 25 5 2% 46 Mfg— 88 Preferred 50 Beth Steel (Del)...* 7% preferred. .100 B/G Foods Inc * 27% 26% 51 6 Preferred 50 Best & Co » Beth Fdy & Mach.* 3% 107 --* 5 * 7% 7% preferred-.100 Purchase warrants Borland Shoe St * Limestone & Cement com 1 16% * Preferred Beryllium Corp 91 1% 36% 52% 1% 29% Home Apoliance cl A..5 Class B 33be Benson 8c Hedges. -* Conv pref * 20% Buckeye Pipe L..50 Buckeye Steel Cast * 6% preferred. .100 Bui lard Co Yds 80 "4% T% Machine Biscuit. 12 %c 6% preferred * 7% debenture. 100 Bush Term BIdgs— 7% pref ctfs..100 .10 Butlor Bros 6 7 4% 5% conv pref. .30 Butterick Co.. * Preferred 50 19 Byers (A M) com. _* 7% part pref. .100 Byers Machine.. * Byllesby class A....* Class B * Preferred * 7% 55% % y, — Byrndum Corp 1 Bryon Jackson * Cable Elec Products Vot tr ctfs 50c Common 50c 15c 10c 2% 2% 11% % Calif Pack Corp—* i(«m * Blaw-Knox Co * Bliss 8c Laughlin.._5 pref.. 100 29 1st preferred.. 100 2d preferred-_._* Boyd-Welsh Inc * Boyertown Burial 34 BlacktfeDecker Mfg * 65% common 65 * x-w Blauner's common.* $3 preferred * 62 17 .___* Bearings Co (Am).* 1st preferred.. 100 2d preferred..100 11 2% 19% 16% Bilt Hotels— Collender Co 14% 21% 15 23% % 19% Brunswick-Balke- 99% 21 % 60 22% Bondhold¬ class A Bowm 112 * 14 Tack Bow-Bilt 112 3 5 20% * $6 preferred-..... Bourjois, Inc.* $2.75 cum pref-.* Bower Roll B'r'g-.S 104 Preferred Birdsboro Stea Fdy <fc Mach 110 27% 109 57 Rubber com..* 106 Bird & Son Conv preferred .20 Atlas Powder * Plywood 8c Manufacturing.50 108 8c Oadwell Preferred 7% 1% 27 107 ' common..25 Preferred 30 5% 3 43% 17% 6% 3% 1S% 5% preferred—50 48% Calamba Sug Est.20 11 Tungsten. _1 Cambria Iron 50 57 Callite 1% 17 17% 8% 17% 32 35 13% 23% 21% 14 22% Canada Cement. 100 2 12 13 100 Canada & Dominion 50 * 16 8 Campbell (AS) Campbell Wyant Cannon 1 8c Fdry—* Canada Bread—--* Bliss (E W) Co— Common.....! 1 6% conv pf 25 5% conv pf 25 Bloomingdale Bros.* Blumenthal (Sid)__* 7% preferred ..100 5% 63 25 •5% 65 Preferred Class B pret 12% 1% .100 50 Preferred Sugar Co Ltd.. 16 A: Last sale. nNominal r 2% 10 5 Storage Preferred * Brown Rubber....1 100 t c Bausch 8c Lorab 18% 80% 3% % 1% 41 37 pflOO 4% conv pref. 100 Atlas Drop Forge. .5 cum - 22 100 Bigelow-Sanford Carpet com 6 * SS Lines new._l New - 14 $2.50 preferred..* 62% Atlantic Refinlng_25 Atlas 5% - Bessemer 5 ord Class B com conv v 25 50 7% pr^erred-.lOO 4% 4% 13% 4% 10% 6% 1st pref 100 Atl Gulf & W Indies 5% 21 niture common.-1 40c / 70 Atlantic Co A $5 ♦Without par 11 30 53 4% 12 36 29% 4% 26% 53% 1% 15% 11% 2% 13% 9 8% 4% 11% 1% 1 Bendix 1% 14% 10% 1% 13% r 51 Assoc El Indus Ltd Atlas 11% 2% r * 31 Rayon.* 2% * Aircraft.-1 Bellows & Co A._10 105 25c Bathurst Power Common 50 Preferred 50 Bender Body com.-5 Bendix Aviation 5 Atl Coast Fisheries. 1 % Am Laund Mach_20 4% 75 23% .10 4% 2% 13% l 49 (Can).* Assoc Laundries Amer-La France 8c 18 5 & Paper A Class B Boston Brinks, % 9% 2% 8% 1% 30% Dry G'ds 1 6% 1st pref—100 7% 2d pref... 100 5% 15c 112% 8% 16% 4% 41% 21% 3% 22% Batavia Body Bath Iron Wks % 5% 25 8 5 Bell Aircraft % 6% 22 * Berkey 8c Gay Fur¬ registered 4% 29% 54% 2% 23% 3% 24% We 4% 21% % 9% 1% 1 Barnsdall Oil -15 Borg-Warner Oorp.5 Borne Scrymser._25 Class 2 1% 5 Beech-Nut Pack. .20 35 Assoc Associated "% 3% 4% 40% Elec .10 Am dep rets 104 "% * 1 Arrow Hart- 27 2% % 10% 5%% pref 50 Barkley Grow Aircrl Barlow 8c Seelig cl A5 Belt RR 5% preferred 30 Aro Equipt Corp__l 7% preferred..100 1% 16" 35 101% Armstrong Rubb A* Arnold. Oonstable.5 Arnold Print Wks_* Assoc Brew 5 * Am Hide & Leath._l pref.. 100 Preferred 1 Ashland Oil & Ref.l 11 3 27 * Bros Borden Co. Warrants 1 Bellanca Armour 8c Co (111)— Common 6 6% 5% 20 Beau 9 Asbestos Corp Ltd.* Asbestos Mfg com.l 80 4% 10% 6 4% * 7% preferred--100 1st preferred—100 2d preferred--100 Amer Hardware..25 Am-Hawalian SS.10 guar 6% 4% 2% 27% 2% 2 Art Metal Constr.iO Art Metal Works. .5 4 75 4% 32 10" 11 12 1 % 1 3% 11% 1 Am Hair & 26% Artloom Corp 1% 50 Am Furniture A P W Paper. 5 Archer-Dan-Midl'd * _ 27 Warrants 4 2 10% 3% 4% t c - 26 * com Pref 10 8% 100 * 1 10 v Steel Barker Beaton % 70% % 68 Arrowhead Petrol— 1 Am Fruit Growers.* Preferred 1 Sugar Apex Elec Mfg Applied Arts... Appollo Steel Hegeman Forging and Amer Fork 8c Uoe__* Corp « 2% 15% Stainless Barium Mfg conv pr pref * 7 % preferred. .100 Armstrong Cork * 33 3 IK 27 23 $6 93 114 Am Fabrics, pref 10Q Amer Felt common * Preferred * Angostura-W upper- 7% 5% lO 1st pref... 100 Am Cyanamid A. 10 Class B Andlan Nat Corp 15% 113% Armour 8c Co of Del Commercial 6% 14% 111% 1% $5divpref * Anchor Post Fence.* - - 2% Bardstown Distill.-1 Pref 2% * Argo Oil 5 Ark Fuel Oil pref. 10 7 65 I* 1% Anchor Hocking G1 Corp. new. 12% 97% 15% 10 Preferred * common - 20 Baumann(Lud)com* S3 partic pref 115 Amer Am Crystal Sugar Cable Arden Farms Amer Coal (N J). .25 Colortype__]0 5% preferred-. 100 5% 1% _ Antilla * Am Chain 8c Cable.* &H 39 * 1 7% % 19% 107% Amer Centrifugal_.l Wringer 3 % 5% % 18% 8% 7 % preferred. .100 maun 100 Amer Carmei Preferred 4 35 Anheuser Busch._20 Animal Trap * 35c * com 9 3 27 Amer - 30 Bareco Oil Stores com._l Common 11 10 6% preferred.-100 PrefeTed * * (Joe) Publica'ns pref— ers 15% 55 50 Bartgis Bros com..l 6% conv pref. .25 Basic Dolomite..-.1 Anaconda Wire 8c 37 129% 95% Properties Am Car & Fdy 7 * 100 Amer Writing Pap_* Amsterdam Trading 98 Barnsdall Refining. 1 Preferred American shares. 36 ""% 6* * 4% 26 Barnard Aviation.. 1 Common 1% 38% 6% % 6 3 3% Amer Wind Glass— Class A...... 100 .... 36 147 2 * 14 94 Baldwin Duckw'th.* Baldw Loco Wks__* Vt c for com.._13 Service clA A B Warehouse— 100 100 2% 38% 3% 25% 14% 100 Balaban & Katz—25 Baldwin Co 8 Barber Asphalt Barber & Ross com Common Boston Wharf 95 Preferred 13% 3% 11% Am Vitrified Prod.* % 13 1 14% 74% 16% % 33% 61% 3% 75% 76% Bon Ami Gravel Pref 5 85 Ayrshire Pakota new 14% 19% Boston Sand & Bankers Industrial— 144 Transformer. 10 35 Bancroft (J) 8c Sons* Preferred 100 76 Am Type Found. .10 Preferred 2% 7% pref share 14% 1% Boston Woven Hose Baldwin Rubber.—1 2% 74% 6% preferred-.100 Am 4% 40 1 Axton-Fish Tob A 10 Class B 10 Preferred 100 12% 59 25 15 CO CJi tation Corn 25 32% 50 Am Woolen Co American Book--100 1 _ Amer Thermos A__* Common 43 57% 54% 7% Amer Bosch Corp__l Amer Box Board 1 Amer a 18 GO\ 13 * 5 4% 13% 73% 15% % 7% preferred..100 19% 13 Warrants 144 24% 11% Am Thread 5% pref5 1m Tobacco com_25 14 10 Stove American 39% 134% 57% lV* 3% 15% Capital..1 Aviation Bid Bonomo Aviation Corp 3 Aviation & Transpor¬ 183 178 Amer Sugar Ref.100 66 63% 96% May 23 1% 1% 2% 40% 13% 59% 30% 55% 142% * * 17% 6% 6 132 * American Stores Am Beverage Corp.l conv 38% Snuff.-25 8 31 30% * 7% preferred..100 7% preferred.-100 Am Bank Note Preferred % 4% 7% 1% Am Ship & Comm.* Amer Ship Build-.* Bond 4% 4 Babcock & Wilcox.* Baker Chemical-- * 25 * 3 17% ex-warr.25 Colliers Corp 2?* 2 33 17 5% 11% 67 65% Common Am Smelt & Refg 2 let* 5% 18.50 American Screw.100 American Sealcone.5 Bakeries— Socket 6 ll* Am 114 Amer Stand Sanitary ..* 10 163 Alcohol 2 12 11% 5% 1 Warrants 4 * 4%% conv pf 100 Safety Razor- 150 148% 9% 11% 113% Amer 7 50 .We 6% preferred-.100 Alum Goods Mfg._*i Aluminum Indus..*! 5% 5% prior pref Partic pref 2% 4% ment common.. Pref * Amer Pulley Amer Radiator 8c Aluminum Co com Amer .5 Class B Am Republics com 10 Amer Rolling Mill 25 8% 19% 164% Motors 3 Amer Products 22 2134 . _ Am 30 Am Potash & Chem * 1% 1% Avery(B F) 8c Sons 5 6% pref w w—25 22 32% Aloe (A S) Co "3% We 80% 21 29 Amer Pneu Serv__ _* 60 Allis-Chalmers Mfg Common 2% 30 9% Automatic Instru¬ 75*' 90 28% Boeing Airplane—5 Bohack (H O) com.* 1st preferred.. 100 Bohack Realty pflOO Bohn Alum & Br.-5 8 .5 Automatic Prod—.6 Automatic RefHg-10 Automat Vot Mach * Automobile Banking $1.50 conv pref 25 Class A com 25 Amer Piano class A* 52 Allied Mills Inc % 15% 100% * Optical 6% preferred-.100 Alarm common.25 72 15*' * 58 48 Par Per share 8 Automatic Fire American News Co * 13 Allegheny Ludlum Steel Corp... * Preferred ..100 Allen Industries—1 Allen town Portland Cement pref 10 AUes & Fisher * Alliance Realty 5 Preferred -100 Allied Chem & Dye Corp common * Allied Kid Co com .5 19 6% Autocar Co com—10 Stocks Ask Per 2% 18% Amer pref__100 Algoma Steel com.* Inst 8% Amer 1 American Meter— * 30 Alexander American Maracaibo Bid Par share 65 6% conv pref. .100 * 22 Amal 100 .100 5% pref Amer 3 % Stocks Ask 16 * • Am Maize Prod closing day of the month preceding the date of Issue 2% 15% Am Mfg Co com. 54 80 100 Preferred Bid Per 4% 3% Amer Metal Co Alberta-Pacific Grain class A Preferred Par share Per Alaska Pac Salmon* Stocks Ask Bid STOCKS MISCELLANEOUS & Quotations for all securities are as near as possible for the Canadian price iNew stock. x Ex-dividend. 1 Quotation! for ».i securities Stocks Bid Par Ask Per Can Dry Ging Ale,5 Stocks * • Canada Packers * Canada SS Lines..* Preferred 100 Can Wire & Cab A_* Class B * Canadian Airways,* Canadian Bronze—* Preferred,. 100 r 14 r 14 A 15** r 82 83 11A Crane Co 34 Bronze com 1A Cleveland Mach 3 ~8~ ~ 9A 11** Climax Molybdenum Co 29** Olinchfield Coal.100 Preferred 100 14 A 29 112 1 Airways 5 10 6 8 Coca-Cola Bottling of Cincinnati * r 8% preferred..100 101 r Can Indus Alcohol— CI A voting * Ol B non-voting. * Canadian Industries 1** 1A ** Class A 125 130 Cohen (Dan) Co * Cohn & Rosenb'ger * 103 108 6 7 .__* Carborundum Co.." Eliminator 9 98 * (Philip) 65 5% cum pref-_100 * 21** 15 20 A 20 1A 4 A 1 26 8** 7** 6% pref 100 Chapman Valve—1 Preferred—..100 $3 3 3* 102 Cons 22 A 2H 3A 24 Consolid'd 353* Consol & 6 11 99 6% pref 6 3 Continental 5 Class 13 95 65 67 Stk Yds com..100 Preferred- 5 ** » 9 ** 28 ** 31** 43 48 12 12 3* 8 ** $3 conv pref * $2.60 prior pref..* 73* ■on 6** 13 ** Chic & So Airlines-1 * 10 Yellow Oab__* 8 ** Chickastia Cot O.10 10H 2% 13 100 10 Preferred Chilton * com Co 3 73 ** CincI Ball Crank. .5 Cin Tob W'house.25 Cm Uu Stk Yds.. .* Inc , ~4H 12 i 1 ** 5A City Ice & Fuel * 0**% cumpf^.100 10A 5H 10 A i' 87 90 IK ' * Without par value a 84 39** 120 OA 2A 18** A OA 5% pref..50 23 A _I__ 2A 8A 100 7 % preferred-. 100 Corroon & Rey'ds.* A pref..* 100 pref Called for redemption; 49 A 172 1 65 1A 50 see % 7 page Indus Am shs 4 13* 36 3* ** 16** Electrol Tnc Electrographic 1A 1 24** Elk Horn Coal 10 A 1A 13** 14 A 13 15 103 26 12** 28 6% part pref.. .25 Diamond Shoe com * 573* 28 A 38 B 2 A 25 Preferred Emerson Elec Mfg.4 Preferred.. 4 Empire Sheet & Tinplate 5% p ei erred-.100 Equit Of ice Bldg__* Esquire Inc 1 Eureka Pipe Line.50 Eureka Vac Clean_5 35** 6 4 Evans Products —5 4 Ever Plastics Corp.5 •3 3* 33* 13* 3** 3 85 A 108 ,4 — 163* 163* 27** 3A 3 A 9 3A -1 96** 40** Emsco Derrick 5 A I 15 114 6 119 . 2 20 A 19 104 A 33 A, "Differential Wheel. 1 3 E ndicott-Joh nson_50 A — Class .... Diamond Alkali. .20 Diamond Match— * Warrants Ely Walker D G..25 1st preferred-.100 2d preferred-.100 Emerson Drug..2** 27** 3 1** 1st preferred.. 100 preferred..100 2d 73 1A iDi Noc Mfg— 1 25 10 nDictograph Prod..2 Diesel Equipment..1 67 Inc.l 18 • 68 Voting trust ctfs. 9 1 Corp Electromaster H 1 Dexdale Hosiery— Preferred 100 IA ! 10 A 1 10 A 22 13 106 50 A Corp Elgin N Watch 15 Eljer Co com 5% cum pref.-.50 5% prior pref. 100 12 " 104 25 1 com Common 17** Electrolux 1 ** 21** Electro Bleach Gas.* 10** 9 28$ Elec Stor Battery. .* Elec Vacuum Clean* 70c 60c A 33A 13 A 1 Sterilizer 8 1A [IDictaphone Corp..* 11 Preferred 100 175 A * 100 Electric Boat 3 Electrical & Musical Preferred.. 7A 101 14 44 Electrical Steam 57 176 * Electric Auto-Lite_5 Common 18 A ,Oosden Petroleum. 1 conv 90 55 18 123** Educational Pict__l Eitingon Schild * 80 3** 7 16 A 122 50 25 53* 133* 2** 3* 9** 6 168 6% preferred..100 Easy Washing Mach Common ___.* r 3** Class B ..* Eaton Mfg Co 31** 4 12A Economy Groc Sts.* 60 Edgewater Steel * Elder Mfg Class A 5 eferred---100 & Almy Chem 42 33* * 5% preferred 33" 29 30~ 37 110 Dewey 9 293* 43* 123* 1** ** 7** Eastern Sugar Assoc Common 1 Preferred 1 Eastman Kodak 1A 13 50c East Racing Assn..* Eastern Roll Mill..5 Edison Solitdorf 50 A 7 A pref.20 23 2d p 3 A 18 3* 11 Edison Bros Stores.2 Raynolds— Class A (non-vofc) * Common B * 54 A conv 5 A 10 A 24** 115 " 1 Eastern Footwear .1 Bast Mall'ble Iron25 Devoe & A 2A 100 Oil Warrants 90 7 Bit.-lOc Detroit Aircraft—* Det Gasket & Mfg-1 6% pref w w—20 Detroit Gray Iron & Foundry com—1 Detroit Harvester .1 Detroit Mich Stove 1 Detro t Paper Prod 1 Detroit, Stee1 Prod 10 De Vilbiss Co 10 Preferred 10 29 5 % 125 85 Detachable 93* A 22 A 101 8A 23 * $6 prior pref—50 8% debentures 100 Dentists' Supply. 10 3 25 conv 105 Dennison Mfg— Class A com 59 $6 100 Del Rayon A com. 15 Delta Airlines—100 1A 1A 7A J Corn Prod Refg-,25 City Auto Stamp. _• Cinecolor 3A A 10A 3 A 100 De Long Hook and Eye 2 A 95 50 A 7 A Preferred 6 12** At OA Vurn. Cornell-Dubllier Elec Corp com.. 1 Corning Glass Wk 10 in Corp—10 1 Turbine * Conv 15 Delay Stores 16 * Copper weld Steel ..5 5 X 8 A ,mmer Gilbert 65 $3 prior pref 73 A 4** 7A . 5A 16** 24 A 1A De Laval Steam $4 preferred • Oooper Bessemer..* 4 5 15** — Delendo Corp. Special pref P't & 1 11A 25 23 H Delsel-W 2A 33 Cook 3 ** Churngold Corp * Cinci Advtg Prod..* «'h'-ysler Gorp 18 4A 10** * Deere & Co com % 7A $1.50 5 25 East Dairies Ltd * Eastern Air Lines.. 1 " 23 M 5 7 % preferred. 20 Defiance Spark Pl_* $2 preferred 133* Ohilds Co 385* 114 A 6 .10 * 100 Converse Rubber..* 10 A 4A Chemical-1 Records Lock Eastern Corp com 10 15 34 10 com. Preferred Oont Steel Corp Preferred 7% 7A 15 A 83* Decca 50 Oont Screw 10 * Roll & Steel 1 Preferred 10 45 3* ~i~A com 5% prior pref..20 3 23* (Del)...6 Oont'l Oil (Mex) 1 Cont'l Nipple Chic Pneu Tool Chic Ry Equip 25 Chic Rivet & Mach 4 * Cont'l Oil Chic Molded Prods 1 17 Warrants 59 A 2 A ** Eason 15** Dayton Rubber Mfg Common.. 1 Class A 35 98 "34 110 Davison 1 23** 125** * Eagle 4 A 16** Davis Coal & Coke 50 40 22 pref Preferred 100 Preferred 38** 100 1 Duval Texas Sulph. * B Early & Daniel 15 A 163** 103A 1243* 6% pref 25 7% pref......100 Durham Hosiery— 6% 11 11 5 Chem com Mills 3 A 63* 9** 114** * Duro-Test Corp .... 6% conv nref.-10 Derby O& Ref com • Continental Mot__l ~8" 73* 19 A A 80** Cont Diam'd Fibre_5 100 Chicago Mail Order 5 50 18 A 3 A 8 A 3 A x Durez Plastics & 80 45 Darling Stores Corp $2 partic pref...* Davega Sts Corp.-6 5% conv pref. .25 Davenport Hosiery Mills com * 3 A Continental Can- .20 210 70 7% cum pref.. 100 $8 cum pref * Hammer * Darby Petroleum..5 Darco Corp 8%pfl00 Dardelet Thr'alock * 13 A 14** .._* $1.50 preferred 24 A 25 A Cushman's Sons— Cutler 6 A: Co common..20 2A 40 31 108 Tnternat'1.1 Preferred 8** 7A 7 Wright Corpl Class A 1 Curtlss Preferred preferred-1100 8% * $7 preferred Baking B__ Corp.* $6 preferred * 2 A 8 A 7** 29 Bradstreet 115 6% preferred .100 De Pinna (A) Co—• Class A_. --1 ♦ (Allen) (R G) 1 OA 2 A 39 A Curtis Mfg of Mo.,5 Curtis Publish * 32 1 A Class 13* 12)* 93** Engineering Mont Laboratories cl A1 Dun 109 100 12 A 14 A C-.100 Container Corp 20 Continental Aviation 1 Preferred v t Du 6 Hi % prefeiTed 100 Curtis Lighting..2 A OA 2A r * Dubilier Condenser 1 Duplan Silk * 8% cum pref. .100 DuPont (E I) deN 21 A 30 25 com 21** 23 A 106** 100 22A Water Power Paper Preferred 60 5 A 18c Consolidation Coal— Common v t C..26 Warrants 10A Preferred 22 3 10c Textile.* 143 Dryden Paper 5A 2 723* 114 Dresser Mfg com.. * Driver Harris Co. 10 7A 11 * 100 5 3 5 Drug Dunhill 55 1A Royal Oil. 10 * llA 17 A 12A 12 A 2A Consolidated Steel * 8 . 100 25 13 6 A 2 A 85 Dow _ 4A 60 ** 1** 10 A 58 88 51 1A 5A 3** r 9A 72 A 15 2A Lithograph..* Oonsol 100 Silk .100 2A 82 4 3* * com 5% preferred. 70 5 A 141** r 3 4A 4 A 66 18 50 9 8 5% Preferred .100 Cudahy Pack 30 80 A Dow Chem 12c 5c 7% preferred. .100 9A 7 A * Tissue.. Cuban Atl Sugar..5 Cuban Tobacco * 85 73 Cons Paper of Can.* Oonsol Retail Sts.-l 8 % preferred- .100 4 Chic Film Cons Mach Tool uts. Consolidated Oil » 5 New 5% pref_ .100 Chicago Flex Shaft 5 Chic June Rys & Un 9 83 cum 21 153* 103* 96** * 2 A 40 Indus. .1 $2 Cons 50 _ * .1 part pf__* Cons Laundries 5 7% preferred .100 A 116 Hosiery 6% pref 10 A 6**% prior pf.100 7% preferred .100 2 _ pref 19 Board common..* _ conv 12 21A 55 A 1 Oonsol Oar Heat. 100 Cons Cigar Corp..* 4 99** 33** 10 com. Pub..* Consol Biscuit 5K 3K 23 Mfg.5 Cherry-Bur Corp. .5 Ohesebr'gh Mfg..25 Chesapeake Paper 12** 2A 16** 12 A 1 ext Uonsol Aircraft 13 3 *| Common v t c ** 3** 63*. Cuba Co * Cuban Am Mangan 2 9A Nast pref 6% preferred... 10 Shoe Mach 90 common..* 83** A 20 A 17 93* 18 Common..Par $10 Common..Par $50 Ohamberlin Metal I Weatherstrip 5' Chic Daily News 25 A 13 * Oongoleum-Nairn. • Congress Cigar * Ctfs of deposit Conn Telep & Elec.l 46 4 Eng_.l 18** Eng 80 82 Solvents..* Oompo 2 2 79 A t c * v $2 preferred Combustion 2** 21 Chain Belt com—. * 30 Parts com......* 2A 4A 22 .18 A pref..* conv Oolum Carbon 17A 3 293* Columbus Auto- 24 A 90 Crucible Steel.-.100 Columbia Pictures— 77 A 3 ** 3 * 4A 19A 20** 40 Vot tr ctfs com..* 41 Centrifugal Pipe 1 Century Elec 10 Century Rib Mills.* 7 % preferred. -100 Certain-teed Prods. 1 6% prior pref. 100 153* 87** 13* 20** 124 * Conv prior pref. 15 Preferred Columbia O <fc G...1 63* 6 9 • Common 21 19 25 Ouneo Press 11 14 4 11 ** 5 A Sys Inc class A2H Class B 2 A Columbia Mills..100 57 8 4 18** Preferred $2.75 1 10 Preferred 81 Conde Oen Violetta Bug Charts Corp Checker Cab 79 121** 1 1 Paper Arms Mfg 25 Columbia Baking..* 4A 119 17** 1** Cent Ir & Steel..100 Cent Ohio St Prod.l Cessna Aircraft 19 Comm'l Airport—1 Central American Plantations ---100 Cent Foundry com.l 5% preferred-.100 Preferred 16 Colt's Patent Fire 163* 23* 48** 30** 23 * Central Oeutral Paper * Columbia Brewing.5 Columbia B'castlng 74 • Associates Colson 260 2A 47 A 29 A 118 A 120 A OA 52 A 3** 16** Corp 25c 373* 393* 1A 86** Crystal 115 Douglas Aircraft..* Douglas (W L) Shoe 1A Cuban-Am Sug—.IO 4A 17 Col Fuel & Iron...* Warrants 29** 9A 7 A 7 A 52 A 109?* 15** 3* 3% Ordinary shares.. 6% conv pref 37** 36** 5 conv r * * Crown Zellerbach. $5 28 20 5**% pref....100 x-w Crown Drug com Preferred 5 19** 19 Doubleday Doran.* 7% preferred.. 100 * 13 A 30 Chemical 4A 20 A *2.25 pref w w._* Preferred 24 26 33* 7 Dominion Tar & 43* 21 Crown C'k & Seal.* Crystal Oil Ref 60 w 2A 33* (Md)_5 Crown Cork Int A_* 1 Colon Development 4 Celluloid Corp—16 1st preferred. * A Colonial Ice B pfd__ _ 240 Oelotex Co com—* 135 145 Colonial Beacon Oil * 29" 109 7% prior pref-100 1st partlc pref-100 10O 1 * 23** 14** 4 27 A 15 Dominion Dominican Coal pf 25 Dominion G'ass.100 Preferred 100 Dominion Steel & Coal B-. 25 Dominion Stores..* 108 Crows Nest Pass Goal Oollyer Insulated % 25** 8A OA OA 49 A Caterpillar Tract. .* Jelanese Corp * 108J* 5A 35 A 24 Jastle (A M) Co--10 Oatalin Corp. 1 V t c for 12 A i00 Wire common 100 Petroleum ~8 A 21 33 A 105A . Pure 33* IQA 26 A 4 A Brainard Co.. 100 Case Pomeroy 5 Champion 59 A 99 A 68 19 Jase Lock wood & Chambersberg 104 A 23 A 112 Collins Morris * 22 4** 133* r 0A% pref 100 Bdge.100 43* 26 18 A Dold (Jacob) Pkg 39 4 12 35** n .5 Doehler Die Oast..* 5** 12 Collins Co 78 % Prior Preferred. 50 Crown Central 23 5 72 1st preferred-.100 Carpel Corp * Carpenter Steel 5 Carrier Corp 1 Carter (J W) Co—1 □asco Products * Case (J I) Co 100 7 % preferred- 100 $7 preferred Central Agulrre 106 4** 6% preferred-.100 6% preferred-.100 Oarib Syndlcate_25c Carman A Co A—* Olaas B * Carnation Co • ** 28 A 98 5%convpref 3** 1 ** * 11 Dr Pepper Co Dodge Cork * $4.25 preferred._* Peet common Dobeckmun Co coml 13** 33* Crowley Milner Collins k Aikman. _• 9 50 lishing Co Preferred 10 24 - 25 2 A OA IQA 8A 333* * (J) Oruc__100 23 A 13 34 9A 5 * A 49 1 Crompton & Kn'les * □rosley Corn... * 6 ■ 5 Class * - 80 1 ** • Dixie-Vortex Co 2 6 .* 17 70 t Dixie Ice Cream ixon 69 Colgate-Palmoli ve- Carbon Monoxide Chicago * 115 Capital City Prod.* Chester * Coca-Cola Tntern..* Cockshutt Plow Can Locomotive—* Fibre * 1A 15A 95 1A Croft Brewing 29 1 15** 94** $3.50 pref Cream of Wheat 125 65 27 102 58 800 3 6 7 of St Louis 25 100 15** 163* Dixie Home Stores. 1 pf share 160 14 A Divco-Twin Truck. 1 3* A Crowell Collier Pub¬ 27 115 Preferred 140 113 * Class B 2A 32 A • Coca-Cola Co 1 3** com conv Creole Petrol- * 100 100 Class A 28 A 2 A of Los Angeles * Disney (Walt)— 6% preferred.. Distillers Oorp8eagrams Ltd. 5% pref w w__ Distillers Liquors2** Creameries of Am— of New York r Foreign 5% □rocker-Wheeler 23* 32 A 133 * 150 5A Covered Wagon Co 4 A 45 Pea body * 7% preferred..100 Dock.. * Can Fairbank pf.lOO Invest Corp 1% Cluett 6 . 001 * Club Aluminum Utensil com Canadian Dredge Carey * Cleve Tractor Oanadian Colonial Oanadian Hobbing 4 com 5A **' deprcts ordfl 34 A 18 A 31A r Am ** 10 4A 16 r Per 46 33 r r Courier Post pref 100 Oourtaulds Ltd— 15 33 A 107 1 54 100 4 $1.50convcl A.20 Cramp (Wm) & Sons Ship.... 100 14 50 r 1 1 5 13 Fy * 1 Coty Inc com Coty Internat'l Clayton & Lambert * Cleveland Graphite r Preferred 25 Canad Celanese—* Preferred 104 100 Cosmocolor Corp.. 1 Ask Bid !share 2 6 2 A Claude Neon Lt—1 T Canadian Canners oanadian Oar 6c 13 A 33 A • Per 4 3** r Dlark Equip Co Preferred >| Ask Bid Par share 5 2A City & Sub Homes 10 Dity Stores 5 Olark Controller 1 Stocks Ask Per 15** month precedlog the date of Issue possible for the closing day of the Bid Par share 143* Canada Forgings— Class A... Class B are aa near as 81 MISCELLANEOUS STOCKS & INDUSTRIAL AUGUST, 1940] A A 3* 1 Eversharp Inc Ex-Cell-O Corp.-.3 108 Ab 3 A 22** 3A OA 2 13* 32** 8 A 111. * Last sale, n Nominal, r Canadian price, t New stock, z Ex-dividend. INDUSTRIAL 88 Quotations tor all securities Stocks Ask Bid Par Per 35 Preferred 100 Fafnlr Bearing... 25 Fair (The) Chicago * 120 2% 30% . Falrchlld Eng A Airl 37 9% 4% Fairfield West Md Class 6% preferred,..25 88% 17% 6% - A 5c General Baking $8 i g 1 pref 18% 6% r 20% Fanny F'mer Cand.* Fansteel Metallurg * OT8 Far ben Ind 11% q Farnsworth Telev & Am dep rets reg £1 Gen Fire Exting...* Gen Fireproof!ng_ * Fedders Mfg 5 Federal Bake Shops* Preferred.. 30 Federal Compress & Warehouse 25 Federal Machine & 8% 8% 25 2% 30 34 30 20 1% 13% 2% 2% 20% 86 89 19% 13% 20% 14% 2 Federated Publica's* Ferro Enamel 1 F G Trading Corp—Preferred ..1 t Fiat Am dep rets— Fidelio Brewery... 1 5th Ave Coach...25 24 45X 125 7 12 Gen Steel $6 40% 87% 9 24X 10 X IX 22% 7X 18% 1 Casting.* pref * conv Gibson Art 28% Florsheim Shoe com* Flour Mills of Amer 20% 22 •'referred Fohs Oil. Follansbee Bros 1% 5% 1% 11% 2% 6% 1% 13% • * Preferred Arrear ctfs Preferred i 10 5 New pref w I—100 Former Graflex * Preferred lOO Food Devices ...20c Food Machinery._ 10 19 „4%s Foote w conv pref. 100 Bros Gear Mach com 5% 22 .5 Preferred 100 Foote Burt com...* Ford Motor Ltd— Am dep rets ord. Ford Mot of Can— Class A Class B $6 preferred 55 Gleaner 4% 7% 13 % 1 1% IX * Globe-Democrat Publish pref..100 Am deo rets 2% 17 % 15 $7 conv pref....* Foundation Co.... 1 Foundation Co 70 IX * 10% * 15 5 14% * Francisco Sugar. * Franklin Co Coal— . _ Preferred . French Investing..* Preferred 100 Froedtert Grain A Malt _ common... 1 Partic conv pref 15 Trailer 1 Fruehauf 5% conv pref. 100 Fuhrman & Schmidt Brewing 1 com Fuller Brush com. Fu ler (G A) Co— Common .1 $3 convertible.— * _ 4% conv pref. 100 Gabriel Co cl A... • Gair (Robert) com. 1 $3 Preferred 10 Galveston Houston Gamewell Co * $6 conv pref... * Gannett Co Inc— $6 conv i ret . Garflnckel (J) A Co Common... 1 6% conv pref..25 Garlock Packing. ." Gar Wood Indust..3 Gaylord Container 5 5% conv pref..50 Gen Accept'ce Corp CliSR A .5 Couv preferred..0 Goodyear Tire 8 Gotham ox 93 19% 37 X 15X (it 3 13 17 93 15% r 63 70 r 52% 54 99 100 8X 10 4X 48 X 4% 10X 12 47 55 10 12 15X 17% i 7% class A pref.25 Hecker Prod com—1 Helena Ruh'stein..* 12% 8% 2% 33 5% 11 12% 9% 12% 31 32 23% 3% 24% 5% 44 49 21 24 6 125 9% 38% 100 2% (Ohio).* 42 .25 20% 127% 8% 56% 17% 30 preferred.. 100 \ $1.50 preferred..* Green (H L) Co.-.l Greyhound Corp..* 29 11% 11 54% preferred. 10 Griesedieck Western _ * 5% 2% 4% 2% 4% 5% 5% . 25 7% non-curapflOO Hendey Mach * Royalties 1 Hercules Cement..* Hercules Motors * Hercules Powder * conv nref * Me* den <'hemicaj 10 ..25 Hlckock Oil cl A 1 Hilton-Davis Ohem Common. l ■31 % preferred 5 HindeA Dauch.._10 $5 conv pref.. 100 Hires (C E) com 1 Hobart Mfg AT * .. ... Holt (H) & Co A. Hooker Electro 128% 11 41 £1 Imperial Oil Ltd Registered shs Imperial Tobacco X X X % 1 Class B ....1 Indue Accep Corp— Cum pref 100 Indus Brown HoistCommon ▼ t c * 103 1% 2% 16 20 6 9 5% 8X 0 165 10 9% % % 54 60 14% 15% 81% 82 127 25 56" 105 110 5% 5% Vot tr ctfs _ com 7% 7% 1 6% % 45% _ 7% preferred-.100 Internat Indus ...l International Match Realization _£1 Int Mercan Mar * Internat Metal Ind * Int Nickel (Can)..* 7% cum pref—ion International Paper A Power com.. 15 5% conv pref.. 100 Warrants.... 9 156 1% 12% 6% 4% 23% 118 14 52 2% Petroleum 9% 9H * 3 Internat Pulp * Preferred 100 Int 8afety Razor B. 60 1 %« 31 Internat Shoe.. * Internat Silver 50 7% preferred.. 100 Int Text Book 28 12 13 17 18 24 25 Int Vitamin Corp.. 13% 14% Interstate 94 97 16% & 17% 37 "8% 9% 18 21 5 7 1% Bakeries* $5 preferred * Interstate Interstate Dept St's* 7% preferred-.100 26 28 11% 9% 12% 9% 100 Equipment.... Hosiery 9 9 .__* com fntertype Corp • Iron Fireman vtc.. * Ironer Jefferson Lake Sul 6 109 100 22% 95% % Jewel 34 12% 18 4 3% 16% 17 1 2% 6% 15 15 41% * 57 10 125% %6 13 65 ... Naurab*g2% !X 38% Jones A Lamson lones A Laughlln Steel common. 100 7% preferred. .100 Joy Mfg Kahn's 52 2 11 Johnson Tin Foil A Metal 100 22 16 2* •B" Johnson Stevens A Shinkle Shoe 16% 1% 1 3% 13 * Johnson Pub Jonas A 3% 2% 16 Hubbell ..* 7% preferred..ion % 48 Howe Scale com * 1st preferred —100 2d preferred 25 Cereal Tea Johns-Manville 31% Howard Aircraft... 1 % .10 Preferred Jenkins Bros Jersey 18" 16 6 X 14% 10 . 29% 108% 6% 1 % 23% 6% 75% Interstate Ironrite 2% 4% 29% % 4% Mills 4% 4% Airplane Engine 10 18 90 Interstate Home— 12 (Harvey).5 33% Internat Salt 5 40 25 8 i% 19% 140 shares.. Registered shs...* * Vot tr ctfs 6% pf25 2% Coupon 10 Houston Oil Field Material com 1 $1.50 conv pref. 20 Houston <>!1 (Tex*— 82% 26% * Internat 10 72 9% 68% . class A 129% 21 Cellucotton. * Int Cigar Mach • Internat. Educational Publishing pref. 9% 91% 90% Int'l 21% 91% Interna* Elnvating4P Int Harvester • 11 156 Interlake Iron * Int. Agricultural..* 7% prior pref. 100 Tnt Business Mach.* Houdaille-Hershey— 20% 2 3% IX Interchemlcal Corp * 6% preferred100 Intercont Rubber..* 8 Jarvis (W B) Co...1 Jeannette Glass .* * 42% * c_ 6% 146 101 7% 2% % 17" 2k Indian Terr THum Oil non-vot A 34 3 Class A Class B 6% 1% 19% 3% 5% 30 7% preferred .100 Hotel Waldorf-Ast. 1 9 Common 5 33 pref * Indiana Pipe Line7% Indian Refining. .10 14% '<00 7 15 10 98 5% nreferred 5% 6% Motocycie.. * Preferred 10 Indiana Gas A Ohem 108 Horn & Hard't Bak* Hotel Statler com.* 6% preferred ..25 26% Indian 10 Hard"t(NY) 3 Brit & Irel'd 95 Horn 25% 8% 104 „Prior preferred..5 2 36% 110 6% 6% Chemical com. 100 Preferred... 100 Horder's Inc com..* Hormel & Co com. * Horn (AC) com ..I . "2" 25% * * Irving Air Chute 1 Irving (John) Shoe.l Preferred w w__25 Jackson (Byron) see Jacobs (F L) Co 1 Houdry Process.. 24 Oempnt—.100 Indus rets 2 3 9% 59% 20% 29% 12% 11% 6% conv pref..25 Hygrade Foo • Prod5 Hygrade Sylvan * 6%s conv prer_ * Ideal 1% 5 * 44 123 Common 8% 6% 20c 6% pref 100 Hydraulic Press Mfg Internat Prod 1st B pref 25 Hiawatha Oil A Gasi Common. ...5 Preferred 10 •32 5% 5% 42% Ingersoll Rand * 6% preferred.. 100 Inland Steel * - Heywood-Wakefield Common 100 7% prefunstpdIOO 7% prefstmpd 100 Hyde Park Brew. 10 Hydraulic Press Brick com.... 100 1st pref v t - 11% 99 52 $4 Preferred 10 - 106 Hewitt Rubber....5 8% Preferred. ...50 Hut-tig Sash&Door 5 30 8 17% 10% 100 Preferred 4 54% 5% 2d pref vtc. * Industrial Rayon..* - Hendrick Ranch 6% 93 28 22 4% " Lilian A Kokenge— 1st (E) pref.. Sons.. 100 22% 70 13% 25 13% 100 Kalamazoo Stove A 6 Without par value, i Exchanged for Tobacco A Allied stocks share for share, see Investing Co.s n Nominal, r Canadian price, t New stock, a: Ex-dividend. X 2% %« ox Class A Helme (G W) 35 %6 4% Lakes 88 5%% pref...25 * 5 7% preferred 21 Common * Hollander (A) A Son K Holland Furnace.10 Uninphane Co * Holly Sugar l 7% Preferred.. I or 92% . 4% Hearst Consoi Pub Hoe (R) class A..10 Prior rvef __g5 30 Great West Sugar. _• 7"? preferred 10n Greenf Id T'p & Die* 24 47 Common... 6% preferred...20 Hupp Motor ...1 HiiR8mann-Ligonler * Am dep rets ord £1 13% 6 1% 13% Pac Tea Pap 150 88 2 6% conv pref..50 share Fibre Common fi Hunter Steel com..* of G- 12% 5 25 2 vot fom.. Nor 126 85 . 3% 53% Imperial Tobacco 1 w w 30 Knight..* W'house 6X% pref 12 Great Lakes Term Great 22 100 Class R n-v 23% * 10 com... 6% pref GrH>:t 12% •51% 75 1st preferred.. 100 Great Lakes Paper— 17X 18X 89 \tl & N'on "4% 15 Preferred... .100 31.80 prior pref.. • Gray Mfg Co 10 2 1 ..5 Mfg Hat Corp class A..1 1 35% 7.2 A Brew common. sale, 12 50% Granite City Steel.* Grant (W T) com. 10 5% preferred 20 15 2% Silk Graton & IX 2X 11X 3% . ox 35 2 Raps Varn.l Grand Union-— Com di v certifs. * Ex-div certifs...* 25c .. Diecasting Haskelite 22% 96 33% Grand 18 X 21 Hershey Chocolate. * R of com 20 2 Tob Hummel-Ross , of Canada com..5 IX 1% 18 Harvard Brewing.. 1 Harvill Aircraft 2% 6 2% 7% preferred .100 Graham-Paige Mot I 23 13 40 * Hosiery "4X 17 6% 6% 8% 13% 95 Gorton-Pew Fish. 30% 91 7 5% * 33 preferred... 8 18 4% 4% 36% * Gorham Mfg 50c 55 44 50 Gorham Inc 19 21 52c 53 21 * * Canada X 8% 11% 102% 3% 3% & pref conv Goodyear T & "§" ~3% 100 30 com $5 30c 128 FTartman Hudson Mot Car..* Humble Oil A Ref.. * Imperial Chemical 19 6°Z preferred.. 100 Corp 1 Goodrich (B F)_ 97 26% 98% 53 Hershey Creamery. • 1 Preferred 30 20 27" 25% 118 6 50 Rubber 6 24X 11X 3% 22 X OX 24 * * 100 Times 73 Goodall Rubber 16" 16 103 40 25 $5 preferred Hart & Conley Hartford 5 .* '.re wing Good Humor 11 10 Franklin Ry Sup.. * Franklin Shops * Preferred .10 Free port Sulphur. 10 12% 5 $5 preferred 2% 7 * Potter com 75 109% % 100 6 3X 20 2% Golconda Petrol...* Gnldblatt Bros— 10x Fox (Peter) Brew F-R Publishing 4* . 68 * Preferred \13 X *82% 6 % preferred Harrlsburg Steel Harris Seybold * Preferred 1X of Canada Fox Film class A 13 % 19 Chemical* Harbison-Walker Refractories com * .. Ola^s u Goebel Harlow Aircraft—1 Harshaw * Wernicke Preferred 11 50 * $5 cum pref * Happiness Candy. * . 116 Gobel (Adolf) Co..I Godchaux Sugar- Ford Motor France Formica Insulation * Ft Worth Stk Yds.* Foster Wheeler-.10 88% 127% 45% 126% 37 ♦ 4 X % conv pref 50 Globe (James)...5 Preferred Hanna (M A) _ 4X 5X 8X 12 X * Glidden 10X 9 22 5X 47 * Class A * Hanley 40% 102 23 3 19% o ._* Harvester.* Glen Alden Coal Co 26 107 5% 7 X 14% 15% $6 preferred 100 Hammermlll Pap .10 Hammond Instruml Preferred 50 Hazeltine Corp Hearns Dept Stores 35% * * & Co.. & Hamilton Gladding McBean 3 X 24% 102% 34% 8% 13% 16% 14% 15% 12% 101% 22% 28% 4% 4 5 Bros 8 13 5 Watch..* 2% 1% 97% 2X iilette Saf Razor.* *5 c nv pref Gilmer (LH). com...5 PiPrint'g 10 94 4X * Glmbel 10 ..100 Preferred.. Hall Lamp Pall (W 22 20 Ha/el- v tlaR Glass.25 39 * Follansbee Steel— New com * Gilchrist Co * Haloid Co.. 122 3% 5% & Alabaster Ltd. * 12% 7% 46c Giddings A Lewis—2 Gilbert (AO) * * 5 Bid Huylers Inc., com.. 1 26 2X 2X ■ 14% 70 30 10X 6X 11X Cement com 5 Preferred —...50 13% 29% 14% IX 25 X 26 X 100 66 28 _ ~1X Gypsum Lime 18 110 Giant Portland 11 17% IX 12% Hatfield-Campbell * Pricfr preferred 12 Partic pref—.100 Haverty Furn Cos Conv pref. * Hawiey Pulp & Papl $7 preferred ..* Hayes Indus 1 Hayes Mfg 2 Haytian Corp * 99 6% cum pref A 100 Genes^ee Brew A—1 Class B com 1 14% 84 98 6 % preferred. .100 Gen Tire A Rub—6 95 38% 7% 11% Gen Theat Equip. Gen Time Tnstru—* 7 14% 6X 104X Refractories..* General Shoe % 92 70 6% preferred..100 20% ,5 41 $6 preferred * Gen Rayon A stk—* Gen Ry Signal * 6% preferred. .100 Gen %6 • * General Print Ink—1 14" 11 4X * Class A 27 Filene's(Wm)Sons.' First Nat Stores—* Fish man (M H).. * Preferred 100 FiBk Rubber Corp.l Flintkote Co com. » Fla Portld Cem u t s. Florence Stove.... * Motors.. 10 Common -.— . A. 100 87 X 126 X * Gen Optical pref ._* Gen Outdoor Adv't'g 11 9 X 12% 2% _ ser 20 100 $5 preferred Welder com 1 Federal Match units Federal Mogul 5 Federal Motor Tr__* Fed Screw Works. 1 Federated Dept Sts * 4 H % preferred 100 Finch Telecommuni cations com 1 Firestone Tire & Rub Common 10 116 preferred .100 General Hajoca Corp 109 40 X Gen Machinery * 4 X % preferredlOO General Mills * 5% 60 . Gen Foods Corp * $4.50 preferred..* 8X 9% 25 15 7 % preferred- -100 "5% 1% 4 17 1 Gulf Oil Corp 106 4X 5X 33 X 7% preferred.. 100 _ Radio. .1 Fashion Park com.* Preferred .* Gulfboard Oil 2X 5X 14X 13% 56 X 17X Gen Development 20 General Electric * General Elec Ltd— 12% 1.10 2X Gen Crude Oil..214 22 • 8% preferred-.100 1.00 Gen Cigar common * 1 17 7 Guantanamo 8"g__* 11 * Class A........ * 7 % preferred- -100 25c Engineering com 1 Warrants— 141 10% X 4X X 4X Grumman Aircraft 53 7 135 * Gen Bottlers com.l General Box Corp.l General Bronze....5 92 47 6% 5 20 % 2 Famous Players Can Co p com-.l 6% pref 5% 46 X 50 Par Per IX 2000 15 3 10 General Cable Dairy 6% pref Fajardo Sugar. .20 Falstaff Brewery. .1 Famtse Corp 50c IX 1700 Amer Trans..5 Stocks Per share Groc Store Prod.25c GenAniline&FilmA * 5 Ask Bid Group No. 1 Oil...* Group No. 2 Oil—.1 Gruen Watch. 1 Preferred 32 36% 9% 4% Morse..* Falrchild Aviation 1 Par Stocks • Gen % Fairbanks Mloys Co. Texis common..5 130 3 "3% 8% preferred- 100 - Gen 101X 7 % preferred. 100 Fairbanks Co.--.25 Ask of the month preceding the date of issue Per share 96 - Bid Par STOCKS MISCELLANEOUS Pref (stamp) 10 General Amer Oil of - . . Stocks share H Exch Buffet Corp. * Ex Lax Mfg A. 10 Faber Coe A Gregg * & are as near aa potoibla for the closing day 18% a Furnace com... 10 10% Called for redemption, see page 111. k Last AUGUST, 1940] INDUSTRIAL Quotations for all securities Stocks Par Bid Ask Stocks Per Preferred Kaufman Dept Lion Match 68 72 Lion Oil 10% 100 11% 92 % Lionel Kayser (Jul) & Co.5 Keith-Albee-Orph— 9 97% Colorfilm X 1 A* 19% Conv class A 1% 1% 12 X 6 B 1 Refinlng.10 Kennedys inc ..5 12 X 6X 14% 5X 14 X pref..* ..1 Loft ~5% 16 X 30 11X 13 • Cement * Bis..25 40 50 12X preferred..100 2nd preferred.. 100 13 37 42 32 34 100 110 King Oil 1 Kingsbury Brew 1 King Seeley com..! Kingston Products. 1 Kinner Motors. 1 Kinney (G R) Inc.-l $5 prior pref X X 7% IX IX 1% * • Kleinert Rubber.. 10 t* Knapp-Monarch ..* Preferred * pref Kobacker Stores 7 Laclede Steel 8 29 Macfadden 55 22% * Mack Trucks Inc..* MacWhyte Co— 8% preferred..100 Macy (R H) Co Inc * Mad Sq Garden * Magazine Repeating 25 26 11% 5% 12% 5% 30X 30% "6% 15 44 17 18" 115 3 3% 12% 12% 27% 11% 24% Lane Bryant Inc..* 7% preferred Lanett Bleachery "4% 5 91 110 37 .. 41 1 9% 9% Langendorf United Bakeries class A.* 12% 15% 3 Co.. 100 4% 26 Lautaro Nitrate A.l Lawrence Portland cement 100 12 7 5 3 -.5 3% 20% % 4% 20 Lefcourt Rlty Corp 1 Conv pref * Leh Coal & Nav—* % 2% 1% Leb Portl Cement.25 2 19 4% conv pref.100 Lehigb Valle* Coal * 6% cum conv pf 50 20 108 105% 1 1% 3% 3 * 33% 10% • Lemp (Wm J) Brew5 ii'x 10 Lebn & Fink Prod.5 13 1.35 1.50 % % 2% Leonard Oil Devel 25 Refinlng-3 2 Stores.....• 23% 24 80 83 % 30% 32 4%% Prof—-100 Lansings Inc ...1 Le Tourneau (R G)1 Lewis (Edgar P)pf 10 Ley (Fred T) & Co.* Libbey-Owens- Ford * Liberty Aircraft...1 39% 5% Liberty Baking....* % Lima Locom Bros Inc..* Mangel Stores $5 conv pref Manhattan 1 * Shirt .25 24% 10% 90 l\X 95 1 1 Mansfield Tire & Rubber com....* Manufac's Trading 1 Preferred 10 Mapes Cons Mfg..* Maple Leaf Mill * Preferred 100 Maracaibo Oil Exp.l Marathon Paper. .25 Preferred *6" % X 100 \l" % 18* 1% % 5% 3V4 13% 5% A conv pf_100 Massey-Harris * Preferred 100 Master Electric 1 Master Tire & Rub* Preferred * Math'sou Alkali * 7% preferred-.100 May Dept Stores. 10 Maytag Co * 1st $6 pref ♦ $3 cum pf w w ..* 7% 26 2% 4% X McLellan 178 19% 18% 3% 2 3 2% 33 31% 101 103 8% 102 35 31% 8% 27% 104% 2% 102% 2 18 21 29 29% 8* 10 167^ 170 25% 50 48% 2% 2% 103% 24% 100 21% 6 5% 50 65 5 3% AX 14* 14% 98% 109 22 23 7% 7% \X 4% * 2m 6% 22% 7 108 McQuay NorrisMfg* 34 38 Dredge* 5% 5 9 9 77 80 69 139 52 21% Melville "9% Mengel Co w w Shoe _ 1 5% preferred.. 100 , 35 5% conv Mission Corp.....10 Mission Dry Corp.l Mission Oil 1 2% 30% 8% 9 21% 40% 110% 58% 10 28% 110 1 14% iff* 2% 1st pf_50 80 160 100 Nat Licorice com 100 138 55 prefer od. 100 90 635. pref B 6% Steel Castings ..» Nat Mfrs &Stores._* 3 3 1 2% 3% 4% 28c 38c 11% 12 100 Carpet-.20 Monarch Mach T'l * Monogram Pictures 1 6% 102 57 Refg * National Supply— 7 % preferred 100 Nat Supply (Pa)-.10 5%% pr pref.. 100 10-year $2 nref 40 6% prior pref.100 12% 4% 22 7 39 Midwest pref.. 10 Monsanto Chem 10 $4.50 pf *er A—* Cum pref ser B__* 12% 5% 24 * A__ Monticello Tobac. -1 Monumental Radio 1 Moody's Invest Serv part pref * Moore Corp com .* 119 41% 165 1% Nat Transit 7% 39% 10 5% conv pf A.100 Morse Twist Drill Sc Machinery.. 100 Mortbon Corp A..1 Mtge Bk of Colombia preferred..* Motor Improvem't I Motor Products * Mot Wheel Corp..5 10 M0xie Co pref 1 pref * Muns'-ngwear Inc..* Munson S3 pref A_* conv "C" units. Nazareth Cement. 10 Preferred 100 93% 120" 41% 166 2 1st preferred 4%% convpfd 100 (Herman)..5 Neptune Meter A..* 8% preferred..100 Nelson 38% 39 Newberry (J J) Co.* 5% preferred..100 New Bedford Cord¬ age 5% preferred.. 100 10 * Ring com—-2.50 Muskogee Co— Preferred 100 No par value, a Called for redemption, see page 111. JfcLast sale. 6 9% 34 5% 7% 2% 10 % 8% 8% 1 3 85 10% 843, 72 3% 5% 82 7 60 62 37 New England 77% 78% 136 90 * New Hav Cl com..* 95 New Idea 38% 29 Lime units 112 39' 106 114 35% * com 6 4% 14% New Mexico & 1% 23% Arizona 6 Process Co 11 * 26 N Y Auction * 25 N Y Air Brake * 86 91 N Y ♦ 3% 11% 15% 5% 1% * 2% 40% 3% 5% N Y Merchandise-10 N Y Shipbuilding..1 20% Founders shares. 1 Y Transit 5 llY 5% 4 11% 15% §g 19% $5 N Dock non-cum 13 12 3 30 8* 4 73% 108% 5% 75 1900 File... * 28% * 29% Corp— Class A Class B com com 1 11% 14% 6% 15 7% 73% 7 Niles-Bement-Pond * 59 Noblltt-Sparks Noma ElecCorp 26% 33, 16% .5 1 North Amer Avia_.l North Amer Cement Common "5% 10 68 pf Niagara Alkali pf 100 Vicholson 2% 28 % Land..,.* Newport Indus New 3 Murray Corp 40 32 5 New Britain Mach * New Eng Gr'n Prodi 35 Murray-Ohio Mfg Muskegon Piston 593% 7% 100 common Preferred % 100 * 28 Nestle-Le Mur cl A * 23% 1 Class A pref 1 Class B p"ef 1 No Am Refractories Class A... Class B 2* 4 • * 6 % % preferredlOO 20 North Central Texas Oil • * 1 Neisner Bros 30 VarnishlOO 15*1 — 25 2 Murphy (G C) _ 22 Mueller brass Co..l Mullins Mfg Corp— Class B — • * 23 Motor Finance com Mountain Prod 12.50 Nebel (Oscar) pref.* Nehi Corp com * 100 r 152 Preferred B —100 r 229 8c Co Ltd .1 Co Navarro Oil Preferred A Moore (Tom) Dist.l Moore Drop For V_* MorreIl(.Tohnl & Co* Morris (Philip) _ Nat Union Radio 30c Natomas 2 92% 117% 10 Preferred. National Tool.. Monolith Portland Preferred . . 6% 107 5 3 $6 nreferred 100 Nat Steel Car Ltd.* Nat Tea common..* Molvhdennm Corp 1 Murphy » 1* 5 2% Nat Shirt Sh Del..* Nat Sugar Judson— Voehri nger. Co2.50 $7 10 10 Radiator Nat Steel Corp—25 3% 33% 21 Nat Rub Mach Miss 40" 5% preferred 50 Nat Pumps Corp..* 8% 10% 22% 3 5 4% 18% 1 Nat 10 Valley Barge Line common...1 16% Type— Common... Nat Refining com..* 25 Conv * 35 25 12% 6% 10% 6% 7% pref A..-.100 5%% preferred common Class 1 * Nat Oil Products..4 common 30 Natl Gypsum com.l $4.50 conv pref..* National Lead—10 1 B 4% 5% 20% Nation'1 Malleable & 4% A Preferred .....20 Gas Fuel Preferred pref..* Montgomery Ward * 31% 8% 26% 66 107% 34 52% 11% 135 46% 19% » 31 49% 11% 100% 9o $5.50 pf ser B "urn Mohawk Rubber..* Moloney Electric A* * 22 $6.50 Mohawk 1 pref.100 Viead Corp com * $6 nrefarrerl <w»r \ • 11 112 111 ^tne.* Nat Paper & 57 5 Mead Johnson com Preferred ...10 18 Lincoln Stores Preferred Line Material.....5 Sts com.l Mc Williams $ 105 se- 2% Pub.* 95% _ 25 American shares.. 10 110 1 6% 3% B.100 4% pref 29 McKeemort Tin conv 9% Minn Min V Mfg..* Mo "orO foment.25 13% 6% 109% 1% 6% 38 Mock 12% McCrory Stores 1 Conv 6% pref.100 McGraw Electric.. 1 31% 113 15% ._* IX 8% McColl-Frontenac com 31 111% 11% 9% 14% Products Class A Minneap-Honeywel I 9 McCall Corp Oil Co. * Preferred 100 McCord Rad cl A..* Class B_. ...» Fnam Food Nat Lock Washer.20 Supply common.* Midwest Refining. 1 Miller (II Sons com 5 8% preferred 50 Milton Bradley pflOO 1 45 Plate Mid-West Abras_50c Midwest Oil 10 8 40 McGraw-Hill * . _ Class B McCahan Sugar Refining pref. .100 * . Pine U'ne A 3 Martin Parry Corp * Masontte Corp * National Drug— 6% preferred...50 Nat Missouri Kansas 13 100 Mid v^le Co * Class B 9 div8hares_* n-c vvod Dtot Nat. Mississippi Glass— & iV4 10% Preferred $2 Power Imnlem 1 J5* 28 Marlin Rockwell.. 1 Marshall Field 8c Co* ll* * 100 * -.10 6% nreferred Corp— pref * 7% pref class A100 7% pref class B100 Minneapolis-Moline 1% Marion St Shov...* Oil conv Regulator ICO Nat Dairy Prod % $2 1 * 97% 17 1 . Mandel . McKesson-Robb'ns 5 $3 conv pref * 7% 17% Lincoln Service. .100 Prior preferred.50 Link-Belt Co Manati Sugar com 1 41 175 * Mtge * 93% Lincoln Bldg vt c..l Lincoln i* w 96 25 Wk» 4 2% 6% 37 Lig 8c Myers Too.25 7% preferred.. 100 Lily Tulip Cup... . * 5% % 40% 6% % % 100 B 1% 4 Lib McNeil & Lib.7 Life Savers Corp -5 Common preferred Mallory (PR) MarshallWells pf 100 Martin (Glen L) 1 11 Lebanon Steel & lr.1 Preferred New Maior Marketing-.1 6% preferred.. 100 10c * Leland Electric 6 3% Lanova Corp I Laos ton Monotype Lehigh & WilkesBarre Corp 24% 10% Margay Oil Corp..* * Lea Fabrics— Mahoning Tnves* 1O0 8c Co common Landis Machine. .25 B Mahon(RC) $2 pf.* Manlschewitz (B).* Manning Bowman 113% r Lakey Fdy & Mach 1 Lambert Co _* Landers. Frary 8c Clark 25 Wells Co * Option warrants. 4% * 100 100 11% Nat Container (Del) 1 7% Midwest Piping 8c 1 com Maltine Co 121 1 9% 20% Maiestic Radio wi lc 6X 1 Midland 1st nref 1% 1% 11% 20% 8P * com.. Vat Dent Stores 2% Midland Steel Products com.* 31 Pub—* Preferred 23* * Vat 1 Class B vtc "IX 1% 22 $7 Vat vtc 125 ■Tfii 'A* 3% 7% 5 6 8 Nat Chem & Mfg__l % 12% 16 108 Nat Cylinder Gas__l Sugar.._» \ * 19% 161 Candy—* Preferred 5 Class r>i>nfnT(|i__inr> Vat Casket IX 5% _ 98" Nat. Cash Reg 14 100" 1% 4% Micromatic Hone__l Midcont'l AirlinesCommon 1 6 6% 8% 1st preferred ..100 2d preferred—100 % _ Mid-Cont Petrol. 10 Middle States Pet— 20 19 % M'ch Oas V Oi]_ 1 Mich 8teel Cast 1 Mich Steel Tube_2% 1n 10 Vat Biscuit National ■;« . 4% 1 Aluminum Fdy..* 4* Michigan 16 National Bronze 8c 1 ^ef'-rred 6% 6% preferred-.100 Macfadden Newsp.* i7o* 40 20 Lago Petroleum Lake of the Woods Lerner 2% 3* — Razor Leonard 154 20 Luscombe 1 _ 20% 50 Preferred Lee Rub & Tire 100 1* Lunkenheimer Co— Common * 7 ' Bumper.. Mich Chemical 55 77 X Machine M'ch 53 75 Class 155 14 * Lane 125 Belias-Hess Nat Breweries 40 1 Meyer Blanke Co__* Preferred 100 li* 7 % preferred. .100 Koppers Co 6%pfl00 Kresge Dept Stores 1 4% preferred.. 100 Kresge (S S) Co.. 10 Kress (S H) • 8peciai pref 10 Kreuger (G) Brew.l Kroger Grocery 8c Baking common.* 1st preferred.. 100 Kysor Heater 1 Laclede-Christy Clay Products... * Preferred Mexican Petrol 16% 109% Metals* Preferred—-.100 N*t 7<V 1% 35% ..* 107 Mac And 8c Forbes 10 ~ix 3% * Milling Mexico-Ohio Oil 8 9 28 Nat Bearing 5 Lvon Metal Prod .10 32 Knott Corp 1 Knuasen Creamery- June 21 131 100 10 27% 4% 4 101% 8% 15% Airlines. .1 6% conv pref. .10 Xe 125 Metal Textile Corp Common ..25c 54 19 Fibres common-.1 70 % X Metrop Playhouse.* 6X% pref 100 Airpl.50c Corp— 5 14 65* 18% W" IX UX II* 25 National 112 Lynch 2 _f> . Paper—* Nat'onal Automotive 1 . and Gum Co Nast (Oonde) see O Nat. Acme Co. 4% 102 IX 45 1 Iron 8 .1 Coated 15% 10% Partic prefence.15 8% IX lVs 23 KIrby Lumber--100 Kir by Petrol Klein (DE) Co 6%% nref A100 Warrants Mesabi t. c* com Nashua Nash Merritt. Chapman 8c * v Nash-Kelvinator ..5 Metal 8c Thermit..* TYeferred 100 150 Lukens Steel 50 115% 14% 9% 54% 11% 110 20 5% n-c pref .... 3 60 58% Ludlow Valve com.* 7 Assn ' . Myl«s 8tandish 11% Narragansett Racing l?» Louisville Gem..-100 16 2-3 Kimberly-Clark ...* 35 62 com 42 Nachman Snriugf 33% 2% Louisiana Ice & EI .1 Keystone Watch 30" Meqt.a MAeMne Meteor Mot Car" 33 10 (P) Loudon Packing...* common 14 Scott Bid Per 12 6% preferred..100 Mer<*enth'ler Lino.* Merrimac Hat * Par Mv*>rs fFEI-V Bros 17% H * com fxmgwest Corp....* Lord lard Keystone Steel & 6$ H 102 Stocks iix Preferred 13% Ask share Preferred 100 Merck 8c Co com._1 23 2 % 7% preferred-.100 5 * Preferred 4 20% 11% 22% 12% 26% 5% 24% Portland Longhorn 1st "2" * Bid 2% 5% preferred..100 Lord & Taylor. .100 5% Ort% 22% Loose Wiles Key Co common..* Keyes Fibre com..* Class A 4% 3X 25 X 4% 1% 30 CandyCorp... 1 bong Bell Lum A. Common.... 89 STOCKS Transportation..* Merchants Refrig..* it* 13% 4X 100 pref. cum Preferred Lamp A _* Kensico Cemetery Association 100 Kentucky Stone vtcl cum $6.50 $5 preferred... 100 Ken-Rad Tube & 6% Loew'sInc. com Lone Star Cement.* 1 Preferred Locomotive Firebox* Loft Inc 5 Kelsey-Hayes Wheel Case * Locke Steel Chain.5 20 common wire 100 Class B 20 .. conv Brothers——* Lockheed Air Craft.1 Kellett Autoglro Kellogg Co.. Kelly Springfield $1.25 10 Loblaw Groc Ltd A* Keller Dorian Class Kendall 6 % preferred. .25 Liquid Carbonic—* Llquidometer Corp 1 Mercantile Proper.5 Mercantile Stores..* Preferred 100 Merchants 8c Miners 7 Lit 5 Par Per 10 9% ... Preferred 7% conv pre' 100 Keith (Geo E) Co— 7% preferred.. 100 Tire • 1 Class A . 6% 95 100 .10 Corp Refg Upton (Thomas J) 100 10 ... Preferred • Stocks share 9 8% 9 8 Per 2 St's Common..... ..1 5% conv pref.100 Kaynee 32 Ask Bid share 30" Kane Carburetor. _* KOStk Yds Me. 100 Par MISCELLANEOUS & possible for the closing day of the month preceding the date of Issue are as near as n Nominal. r Canadian price. fNew stock. 5 2% 90 month preceding the date of Issue Permutit Co—.— 1 North German Lloyd Ainer shares 26 2734 634 2934 534 234 2 Northwest Airlines.* N'west Engine * 1334 1534 13 34 18 100 32 34 Norwalk TireA Rub* 2 Yeaat n 7% preferred--.60 Norw Pharmacal .2 34 Novadel Agene * 1 28 434 * Chera Nu-Enamel 1 1534 32 534 134 134 Oceanic Trading. 10c Ogilive Flour Mills.* 23 100 * Preferred Ohio Brass B Ohio Forge A Machine Corp 24 Reed Drug com 19 Ph el ps-Dodge 25 Phila Dairy Prod--* $4 preferred. * $6 preferred * Phil & Read O & I-* 2134 1734 1834 100 3 34 Pierce Governor.--* 14 common 15 20 * Oil Exploration— 24 1 Pierce Oil 38 234 934 13 Pilgrim Explorat__l 100 75 8 82 Piper Aircraft 1 8 Preferred * 20 14 Pirelli Co of ItalyAm shs 500 lire... 6% preferred--100 Oldetyme Distillers 1 75 Oliver Farm Equip.* Oliver Un Filters B Omar Inc 1 13 34 3 5 6 6% preferred. .100 Oneida Ltd coml234 65 70 Preferred 434 6 24 15 16 2834 334 30 Pitts Coke &Tron__* "934 11 13 34 135 14 Pgh Metallurgical 10 Pittsg PI Glass—25 143 Pitts Screw & Bolt.* Oppenheim Collins. 334 334 O'Sullivan Rubber .1 Otis Steel 8 634 434 5 7 22 734 * 60 68 1 1034 1034 7834 534 734 1034 1134 8034 $5 conv 3 34 2 5 Richardson 234 Richfield Oil Corp.* 734 834 ' $6 preferred A $51^reference * * 53 Pleas't ValWine Col 47 Pac Amer Fisheries 5 51 534 534 Pacific Can. * Pacific Coast Cem.* 13 14 1 2 Pacific Coast Co.. 10 234 1034 434 1st preferred * 2d preferred _* Pac Coast Term.. 10 Pacific West O11--10 Package Mach _ _ _ _ Packard Motor * 434 61 Palmer Bros. 29 11 13 6 Page-Hersey Tubes * Pairpont Corp. .100 51 27 Poor & Co class B- * 734 1734 34 734 1834 34 34 1434 1234 Class A 62 Common * 1434 1334 Pan Amer Petrol A Transport $50 par B "534 1 com 34 /16 5 stamped 334 conv pref 334 334 434 * 28 32 5% 1 conv Inc..* 32 34 2934 34 Pressurlube Inc 4% conv pref.100 97 99 Price Bros & Co 3 Parke, Davis Co..* Parker Pen 10 Parkersburg Reel Rig of Nevada 11 20 11 12 734 934 15 1734 A 1 common * 1 Pathe Film Corp—1 7% preferred * Pathe Laboratories* 734 134 734 8 107 Parmelee Trans 634 18 6 Peerless Cement 234 * Weighing & Vending com 1 Preferred Peet see (Rogers) * Pelham Hall vtc--j Pender(D)Groc'y A* 48 1434 15 48 4934 7934 80 1 Corp Common conv v * Penn Penn Penn 5% conv pref-.100 6 % preferred ..100 Purity Bakeries * Pyle National Co. 5 Pyrene Mfg 10 Quaker Oats * 6% preferred.. 100 Quaker State Oil. .10 Quincy Market Cold Stor A Whse__100 Radio Corp of Am.* $5 pref B ._* $3.50 conv 1st pf * Radio- Kei th-Orph * 234 20 11 * _ 120 13 6% 1 Class A B 23 34 34 34 Pepsi-Cola. __* Albany Bottl Co .4 * 173 16 234 1 10c Units Co com..* 1 ' 9 234 lc Peoples Drug StoresS 34 17034 6 Class 17 1 conv pref.100 Ralston Steel Car. 10 18 Circle 20 234 134 234 1834 * t c pref Corp__l Salt Mfg 60 Sugar 20 Traffic 234 Vy Crude Oil— Perfect Preferred 1634 16 Rivet Pennzoil com.-* Common Units Penn Timber Preferred. 100 Rademaker Chem.l Industries— Penn-Mex Fuel Penn 4 134 Air¬ 7% conv pref A. Penn Glass Sand— $7 3 45 Penn Coal & Coke 10 Pa-Dixie Cement-_* Penna 30c * Penney (J C) Com.* Penn-Central lines 10c * Class B Penick A Ford Prosperity Co B * Publication Corp..* 1st preferred. .100 Original pref. .100 Puget Sound Pulp & Inc * Punta Alegre Sugar * Pure Oil Co * 334 Peerless 1 Pullman 21 7 Peck, Stow & WilclO 8 1834 200 234 2334 64 34 134 22 1934 245 334 25 preferred .100 Randan Corp pt A_* Class B * Rands com 8% preferred 5 Rapid Electrotype.* Rath Packing 10 Raybestos-Manhat * Raymond Concrete Pile * common $3 conv pref * Rayomer Inc com. 1 $2 cum pref 25 Raytheon Mfg..50c 6% preferred 5 Real Silk Hosiery _ Mills common._ _5 7% cum pref..100 34e 334 19 34 21 213-4 1934 634 7 34 734 7634 77 84 34 8734 1134 834 534 1134 10134 103 34 150 160 6 * Ryan Cons Petrol.* Ryerson A Haynes.l Safety Car Heat 6 Ltg (Del) 50 Safeway Stores * 5% preferred. .100 St Croix Paper.. 100 conv 48 50 116 14 34 4 34 34 5 34 _ 20 3 134 434 534 2034 3 34 234 434 8 35 38 17 19 10 12 40 42 1634 17 30 31 34 34 2 2834 Srnvth Mfg 100 * Without par Ex-dividend. value, t Split-up two-for-one. a 1134 Splar • 5 134 1 39 45 105 34 85 70 17 20 34 San-Nap-Pak com.l Preferred 83£ Units 634 25 33 >4 18 8% preferred ..100 South Shore Oil A 134 Development.. 100 Greyhound Lines common.—5 -34 . S'eastern 6% conv pref. .20 1234 19 Southern Advance 6% 21 72 pref Southern Groc com* 13 * 1934 England Ice cl A.. South'n Pipe Line 10 134 734 334 66"" Preferred Southern, New 34 8 Phosph.10 Sou Webbing Mills. Southland Royal-_5 Southern 2 34 234 59 58 434 4 34 97* 100% 16 4 3 8 934 2134 2234 1 1 234 2934 A: Last sale, n 10 Spalding (AG)ABr.l 1st preferred * Sparks-With'gt*—* Spear A Co 1 * $5.50preferred—* Spencer Kellogg—* Spencer Shoe * Sperry Corp vtc-.l Splcer Mfg Co * $3 conv pref A—.* Spiegel Inc com—2 $4.50 conv pref..* Sport Products 7 Springfield Ice A F.5 Square DCo 1 5% preferred. .100 Squibb (E R) A Son* Nominal, r 5 5 West Penna Pine Lines 25 95 * 1134 3 34 134 100 Preferred South 1 134 So Porto Rico Sug.* 22 1 .1 34 26 South Penii Oil—25 Bag A Paper $2 pf 95 Sanborn Map 25 Sanitary Co of Am 8% preferred .100 7 1 Mfg 1 Conv preferred. _1 Soss Mfg common. 1 22 120 15 Salt Dome Oil Samson United 834 234 Sonotone Corp 42 44 10534 100 100 17 South Coast CorP--l com Preferred, -i 9 3i 50 Sonoco Products—5 Preferred Called for redemption, see page 111. 1534 34 8534 110 34 1334 25 .* 45 10 Stock Yards * St Regis Pap com.-5 — 11 $5 pref ser X ""34 * Paper Mills 4234 434 134 St Paul Union Savage Arms 100 $6 preferred Smith (A O) Corp. 10 Smith A Corona "234 100 St L Rocky Mt A Pacific Co. .100 Pre erred 100 St Louis Screw— A Bolt 37 55 13 34 8ocony Vacuum—15 Solar Aircraft 1 Conv A pref * 434 1134 St Louis Car Preferred 3 -15 5 12 15 34 334 11 934 "34 434 5534 Organ 8riider Packing. 2 50 634 65 5534 /4B 234 3634 Skelly Oil 16 Corp.* Preferred 134 21 Smith (Howard) 10 99 pref 105 Sir!an Lamp com__* Preferred * 5 100 St Lawrence Flour Mills com 100 Preferred 100 St Lawrence Paper— 39 34 4'34 Singer Mfg 100 Singer Mfg Ltd £1 Sioux City Stock Yards com 20 Preferred 20 Typewriter vtc--* _ $2 49 _ Sloss-Sheff S & 1.100 9 of N Y ord shares. St Lawrence 34 4 * Skinner 27 2 34 Simplex Paper.._.l Simplicity Pattern. 1 2 25 23 * Common 934 234 1 34 1 Royalite Oil _..* Royal Typewriter.* 7 % preferred. 100 Preferred 10 1134 434 1234 14 $2.50conv pref..* Ryan Aeronautical 1 11 1|7 11 Rustless Ir A Steel -1 5 134 38 108 1934 734 24 10 Russeks 5th Ave.234 Russell Mfg ..* 1934 SImonds Saw A Steel Preferred 634 25 Co 7% oref... 100 34 834 1534 22 pfd_20 Ruberoid Co 4 31 15 34 434 34 108 27 * 1 34 70c Royal Dutch Co 34 2234 Simms Petroleum. 10 100 1 * Simon Brewery -1 Simon (Franklin) A Rose 5 10&25c Store 11634 1134 * Common 2 134 434 228 34 * 100 conv 4 Hdw A Pt Simmons 15 * _ common 7 Simpson Ltd B Root Petrol Co ' 1934 Parker Young units. Park & Tilford Inc.l 6434 34 134 734 1434 734 1334 $1.20 114 * Preferred Shuron Optical Silex Co 334 3 31 34 13 34 * 100 Sher-Wms Can 234 834 66 74 5% pf ser AAA 100 109 6 Rome Cable Corp.5 Roosevelt Field 5 13 114 434 534 11 63 * 3 34 34 . 28 __25 Hoist Pub preferred Simmons Co 21 5 % preferred 100 Roeser A Pendleton » 1034 r 8% preferred--100 5% preferred--100 Producers Corp 134 34 * Rogers Peet Preferred r Proc & Gamble 834 3334 _ 100 Rockwood & Co 48 * .534 9 Parker Rust Prf_234 Parker Wolverine. _* , Preferred 100 Preferred 75 534 7134 734 3334 6% lstpref—.100 6% 2d pref 10 Rochester Button. 7 934 934 2d pf--50 Paramount Motors 1 Paramount Picturesl 334 134 Pressed Steel Car— 5% conv 1st pf—5 * Robertson (H H)_.* 1934 36 34 6 1 134 * B Robertson Pap Box.5 20 1834 3434 4534 * A 3 34 34 334 * Common common * Class Robinson(Dwight P) 7% 1st pref—100 15 Lambert--* Hall 10 3 Robbins A Myers. _* Preferred 25 134 Pressed Metals Am.l American shares.Pantex Pressing Preferred Paraffine Co 34 Prentice Pantepec Oil Co— Machine % Pratt & Panhandle Prod A Refining 2234 9234 3234 83-4 3134 734 Riverside Cement— 34 Potrero Sugar com_5 Preferred 5 Powdrell & Alexan_5 Pratt Food 100 734 Pan-Amer Southernl i w * A 8 34 Sherw-Williams -.25 102 Ritter Dental Mfg_* River Rasin Paper.* 634 23 34 % Pref 6 34 634 3? 4 Simmons-Boar dman Riegel Paper Riley Stoker Potash Co of Am..5 1 Pan Am Airways.-5 Pan Amer Match_25 * 36 Cedar Class Porterfield Aircraftl Porto-Rie-Am Tob— 1 Sheaffer (W A) Pen* Works common. 10 47 ^ Shawnee Pottery. .1 34 Richmond 1 * _ 11 85 55* 8 Richman Radiator. 1 Pocahontas Fuel .100 Class A 10 54 72 Warrants 17 Polaroid Corp Pollak Mfg.. 10 80 19 44 * 83 11 634 4234 3 34 Co 1634 9 234 534 3934 334 B common 78 Pneumatic Scale 12 4 * Plough Inc. 734 Plymouth Cord-100 Plymouth Oil 5 5 34 5134 3 34 42 >4 Sharon Steel Cp * $5 conv pref._ » Sharp A Dohme * $3.50 conv oref—* Shattuck (Frank G)* 16 RheemMfgCo 1 Rhinelander PaperlO Rice Stix Dry Gds_* 1st pref 100 2d pref 100 G)— (Thos 7% 1st pref—100 * Seton Leather 934 10 1 434 1 Plant Inc 434 34 A .... 80 9 Servel 16 54 * 534 78 34 134 Sentry Safety Con.i Serrick Corp cl B-.l 534 100 91 90 834 34 10134 Preferred Oxford Paper com.* 434 1734 8934 41 _ 534% conv pf.100 Shepard Niles Crane Pitts ton Co 5634 134 734 434 1734 Shell Tramp & Tr £2 Shell Union Oil—.15 5734 11334 1534 50" " 14 34 17 34 Pitts Term Coal— 3134 6 434 51* 51 22 15 34 1 50 Rubber.* 5% preferred-.100 Selby Shoe * Selfridge Prov St £1 3534 48 20 30 ware com Preferred 14 * Ox Fibre Brush Segal Lock A Hard¬ 6 134 52 23 preferred--100 Owens-Ill Glass. 1234 37 34 34 34 28 22 com 76 * 10 25 Outlet Co * 1 10 5 Manufacturing * Seiberling 10 $5.50 convlst pf_* Marine A Outboard 13 Seeman Bros 4734 i* Reynolds Spring Reynolds Tob 734 8% 34 * 1 Seagrave Corp Sears, Roebuck W..25 Pittsburgh Steel—* 7% nref B 100 5 34% prior pf.100 5% pref A 100 834 34 8 80 "534 8 7% cum pref.-100 534% cum pf.. 100 Reynolds Metals. _* 534% conv pf_100 5 93 8 22 Class A pref Pitts Forgings 21 Seaboard Oil (Del).f 734 w 2634 1334 1034 20 34 5 Preferred 104 10134 534 Republic Air Prods 1 Republic Aviation. 1 Republic Steel * 6% conv pref-100 6% prior pf A.100 Revere Cop & Br__5 634 19 100 Reo Motors v t c._l 23 10734 * Scullin Steel Warrants $1.50 conv pref.25 Remington Arms—* Rem'tn Rand com.l Bond warrants 49 Pitney-Bo^es Post.* Pitts Coal (Pa).-100 6% preferred-.100 25 Oswego Falls comlOO Otis Elevator * 6% preferred--100 Pillsb Flour Mills..* 25 234 16 39 334% pref—.100 Preferred 234 2434 834 ♦ $4.50 preferred..* $4 preferred * Scruggs-Vander- 7 34 Reliance Steel Corp— 8% preferred.-100 New pref w i 25 11 634 Mfg Co. 10 100 2 Reliance 334 234 13 34 2 54 1034 7234 1034 34 Scott Paper ""34 2134 1134 Preferred com w Sts.l i..__l Barney com 5 1st preferred.-100 2d preferred..100 15 Reliance El A Eng 5 3 134 12 8% conv pref. 100 V 50 Retail 100 Scovill Mfg Scranton Lace 3; 10 (Robt) & Co..* 7% 1st pref—-100 Reiter-Foster Oil-34 Reliable Stores * 434 New 2034 534 3 Reis 33 Schulte 27 Reichsbank Shs 434 Preferred 25c 1 * com Schulte Real Estatel 99 6 34% pref.-.100 Regal Shoe pref.100 Regent Knitting Mills Ltd * Preferred 25 1534 3234 234 1934 434 * * Reeves (Daniel) 38 64 434 434 86 Units 5*' 3034 58 com.* ...50 Reed Roller Bit 25 1434 334 130 Ohio Seamless Tube5 Preferred 27 7% preferred-.100 101 1034 634 934 634 70 134 334 3 34 2834 * A Reed Prentice 8 20 100 16 14 22 .234 734 »* Record com.* Preferred Class 434 2934 434 67 Pfeiffer Brewing—* Phila Red Bank Oil 20 134 634 734 434 2834 334 100 Okonlte Sehirf Co Red Rock Bottlers. 1 50c * 5% preferred 134 30c 6% preferred--100 Ohio Rubber 134 10c Corp com..3 Phillip-Jones Corp.* 2134 * * Ohio Oil * 1 10c Phillips Packing * Phillips Petrol * Phoenix Hosiery—5 7% preferred--100 Pick (Albert) com.l Pierce Butler Rad-5 Ohio Match 5 P Philco 140 * 11 * Ohio Leather * Savoy Oil 5 Schenley Distillers.5 5 H % pref 100 30 10c Reda Pump 334 534 Petrol * Conversion. 1 Derivatives.* Petrol Heat A Pr * Petti bone Mul liken * 2834 34 1034 7134 1034 1 1 3834 _ Pharis Tire A Rub-1 234 2534 1434 3034 Noxzema Savannah Sugar 234 Per share Par Rearwln Aircraft & 534 Bid Stocks share Engine 1 * Pet Milk 7 5 1 Warrants N'west 434 Pervel Corp Peter Paul Candy. Ask Per Par share Petrol North Pipe Line.-10 Northrop Aircraft Class A Per Bid Stocks Ask Par share Per North A Judd Bid Stocks Ask Bid Stocks STOCKS MISCELLANEOUS & INDUSTRIAL Quotations for all securities are as near as possible for the closing day of the A....* Canadian price, 2034 134 834 1 34 434 63 1834 1 37 26 53 34 6 34 56 34 7 2 3134 11034 4134 110 t New stock. august, 1940] industrial Stocks Bid Par Per share Stahl-Meyer com.-* Preferred Par 1% % 100 20 10 7% preferred. _100 $5 preferred „* 104 107 95 98 BtaleyMfgOo. Standard Brands._♦ $4.50 pref..* cum 6% 6% 107 105% % Standard Brewing. * Stand Cap & Seal..! Conv preferred .10 . $3 7 % 7% • 15% 1 1% 5% 4% Tobacco com 1 Standard Dredging % % Common. 1 $1.60 cony pref .20 1% 11% 1% Stand Fruit & S S. 10 Preferred 12% 45 18% 33% 7% 34 106% 7% _ 2% 24% % 24% 24% 44 1 Tishman Realty. Tob Prod Expts Btarrett Corp— Common v t c..l Steel Co of Can—♦ _ 3% 26% 1% * Shipyards...* 5 Toledo Shipbuild..* Torrington Co 100 Transcontinental West Air Line Picture 5 2 1st warrants 2nd warrants ._ Trunz Pork Stores.* Preferred 25 Steel Products Eng 1 64% 11% 12% Tung-Sol Stein (A)& Co com ♦ Sterchi Bros com..* 6% Istpref 50 5% 2d pref 20 2% 33% 7% Truscon 3 8% 15 20 3% 13% 6% %6 5 ~4% 11 Webster-_* % 5% * Mills class A Class B conv United Stove. 1 United Wall Paper .2 1% 4% Conv partlc A * Class B * Universal Corp vtc.l 6% 16% 8% 2% 6% 6% prior pref. 100 %e % % 26% 1% 11% 12 12% Oil— United Air Transport 5 * 14 7% 7% conv pref. 100 United Carbon * United-Carr Fast..* 111 28 10% United 48% $3 part pref * United Cigar Stores- 6 % 122 9% 1% 39% 15% 1% 25% 12% 13 2 Biscuit Chemical..* 6 % nreferred _ . 100 Stores $5 preferred United Drill & Tool * A * B * 15 % 24% 1% United Drug 5 United Dyewood.10 United Elastic United Electric Coal Cos * 5 com 3% 29 * 63% 4 29% 64% Merchants & Mfrs v t c 9% 1 United Milk Prod..* 1% 2 3 18% 19 17% 17% 20% 17% 5% 6% 5% 3% 5 Taggart Corp 1 $2.50 pref * Talon Inc common .5 32 34 58 60 3 2% 17% 20 27 $3 part pref * United Molasses Ltd Amer dep rcts..£l Unit Paperboard. 10 71% 1% 19% 26 Preferred100 Unit Piece Dye com* Preferred 100 United Profit 50 2% Conv preferred A * 10 Taylor & Fenn_-100 Taylor (K) Dist...l Taylor-Wharton 90 1% R 10 3 % 5% 2% * Sharing 112 115 27 32 1 % % 3% 10% 100 1% 8% 10% 3% 6 A B 2% i 1% Preferred * Term Warehoust 100 55 2% * * A 1 Preferred United 25 ..25 Specialties. 1 U S Distributing 5 7% conv pref. 100 U S Envelope Preferred U S Finishing U 8 Foil B U S Freight U S Graphite 100 100 * .1 * 5 20 7% preferred. .100 U S Hoff Machine.5 "5" Texas Gulf Prod * Texas Gulf Sulph..* Tex Pac Coal & Oil 10 Texas Pacific Land ~8 5% % conv pf..50 U S Holding 39 Corporation 25 39% 3% U 8 Ind Alcohol...* U S Leather com..* 2% 31% 6 1 3% 2% 9% Texon Oil & Land..2 Thatcher Mfg * $3.60 conv pref..* 38 a 32 6% 4 2% 10% % "i% 1% 63 43% 6% Me 6% 33% 1% 63% 44% 7% % 7% 38% 95 100 1 18% 4% 7% 4% 4% 8% 64% 4% 27% 5 18 * 4 6 4% 35 * 20 25 77 82% Com class B 5% 1 18 Wayne Pump U S Pipe & Fdy..20 U S Playing Card. 10 26 4% 59% 7% 2% 26% 33 34 % 1 2% 7 % preferred. .100 Welch G'pe Juice 2% 100 Wellington Oil 1 Wells Fargo St Co.-l 100 Wyman Gordon * Yale & Towne...25 Yellow Truck St MfgclB-.l 7% preferred-.100 1% % * 7 % Preferred. 100 Young (J S) Co..100 _ . % 8 26 Preferred 100 Young (L A) Spring & Wire * Car _ 18% 64 60 46 95 70 16% 13 112 2% 29 88 128 10% Steel common 5 4% * 18 % 15% 18% 3% Youngstown Steel 20% 5%% pref—100 Young (Thomas) Door 1% 1 common Youngstown Sheet & Tube 109 Preferred 2 78% 8 Preferred York Ice Mach 80 19% 33% 41% 100 Youngstown 15 * Coach 2% 1 % 6% Mach 7% pref A 100 6% pref B 100 4% % conv prior preferred 100 4%% series prior Wurlitzer 4 7% 7 35 40 Wrlgley (Wm) Jr.-* (R) com 10 22 1 pref * Waukesha Motor—5 3% 10% preferred 100 Wright Aeronaut'l.* 2 conv 3% 5% 5% 65 4% 112 St 7 IX $3 9 27 Worthington Pump 4% 24 6% 3% 1 7 common Nurseries Zenith com Radio Zonite Products * 1 * 1 32% 82 10 % 11 2% 42 fc Last sale. n Nominal, r Canadian price. t New stock, x 2 3 26 (F W)_10 11 6% 115 6 6 --* 1 43 * * pref—..* 83 8% Preference Worcester Salt.. 100 35 cum 19% 78 53 5 27% 27 $3 * 1 4% 2% 4% 4% 55% 21% Wool worth Ltd— 16 Warren Bros 2% Am dep rects ord. 3% 6% Warren Fdy & Pipe * Warren (Northam) "8% 1% % Prior pref units Woodward Iron..10 Woolw'th 15% 2% Preferred 1 . 9 * Warner Co com 100 _ Woodw'd & Loth'plO Preferred 100 7% preferred.. 100 Plct._5 $3.85 conv pf * Warner Bros. Webster Eisenlohr.* 7 17 2 1 67 * 10 4 3% % 6% 4% 7 ' 7% Portland com Machinery pref. ~7% 7% % 3% "2" 109 Wood Newspaper 123 7% prior pref. 100 6% preferred.. 100 Com class A Witherbee Sherpf _50 WJR The Goodwill Station 5 7% preferredWoodley Petrol 38 13 6% preferred 10 Ward Baking Corp— ■__* 9% 1% 9% 32 25% * Wilson-Jones Wood (Alan) Steel.* 4 . • 100 9 12% . * 7 25 * _ * $6 preferred Line Cement 98 _ (RC)...* Willys-Overland 1 6% conv pref.. 10 Wolverine 20% _ .6 * Wolverine Tube Waltham Watch com 1 4% 5% Oil F) Gas... Wm Oil-O-Mat 3% 94% 19 48 2% 40 20 Walworth Co (H 6 1% Walgreen Co com..* 4%% pref w w 100 Walker (H) Good'm 65 178% pf_100 cum pr 19 36 27 2 175 24 & Worts com..* % 1% Wilcox 4 6 Preferred 100 Willcox St Gibbs__50 2 75 26% 9% Preferred Winsted Hosiery 100 Winters & C'mpton 1 2% Class B Wilcox Gay Corp_-l Will & Baumer * 40c 3% Waitt&Bond Inc A * - - 15c Wilson 3 Waldorf System Part conv& cl A.* U S Lines pref * 7% Call fjr redemption, see page 111 %e 1 Liquidating ctfs.. Un Shoe Mach U S Gypsum 53 % 2% - 4% Suchard Chocolate com 50c Preferred .$50 10c .l — • Wilbur 41% 100 — _ "6% Willson Products..1 Wilsonite Products 1 % 1 — 4% Wilson St Co 2% * 37% 5% * 2% % 42% Wagner Electric.. 15 60 % 1% 98 105 10% % 10c 22% Wagner Bak vtc Whitman(Wm)pfl00 Whittaker Paper com 7 % preferred.. 100 25c 9% % 6% part pref.. 100 Va Coal St Iron. .100 Va Iron C St C..100 "4 2% 4% 4% 63% 61 100 8% 65 4 96% Gypsum..* Preferred 10 Un Shipyards B Class 18 4% 7% first pref .100 Preferred Warrants 19 William<3 5 4 United Screw & Bolt Class 29 1 25c Preferred 62% 27% 26% 60 26% 25% Synd___2 5% preferred-.100 VogtMfg * Vulcan Corp * $3 pref. ..* 4%% pref * Vulcan DetinninglOO 7 % preferred- .100 5 35. Whitlock Mfg Co 25 __ 95 31% 11% 9 1% Vult.ee Aircraft * 20 Wickwire Spencer Steel common 1% 17% Petrol. 1 Waco Aircraft 3% 1 Mach__l 6 18% 22% 93% 60% 9% Wichita River Oil.10 36 6 Vinco Corp com 1 Va-Car Chemical. .* 7? Class 4% 132 26 Warehouse Corp50 1% 1% %6 17% 90 ■ % White Sew 33% 34% 7% % 12% 100 Victor Chemical 6% Timb* Corp _* 6% Preferred.. 100 $5 conv prior pf_* si* 8% % 1 Preferred 18 4% 5% conv pref. .30 Weyenberg Shoe 1 White (SS) Dental 20 35% Victoria 3 Instrul2% Westvaco Chlorine. * White Rk Min SpgsCommon... * 9 1 5 98% 133 10% 9% 2% * 15 41% 7% * 1.30 * 7% 1st pref l00 Vapor Car Heating * 98 126% 1% Sugar common..5 Vicana Sugar v t c.3 VIck Chemical 5 39 20 Inc.l White Motor Vertientes-Camag'y 5 Un Eng & Fdy United Fruit United 6 .... 4 Telaut'g'ph Corp. .5 Tennessee Corp 5 56% 8% * Preferred 65 7% Coal Westmoreland 153 8% Corp.* 55 5 50 com 1.10 Veeder Root Inc...* 7% 4% 4% 2% Mfg 7% 1st part pf_5Q Weyerhaeuser 6 1% 22 Westinghouse Elec 8% 14 7% cum pref.. 100 Valley Mould St Iron Venezuelan - Class 21% Weston E 52% Utah Radio Prod-.l Vacuum Concrete. 1 Vega Airplane 16 Brake common.,-* Westinghouse Air 4% 1 % 4% 143 16 1% Prior pref 14% 10% % 1 20 Common % 14 Greenland com 6% . 50 10c com West gate * 17 _. 48% 13% 10% • 4% 54 112 Tablet St Stationery Universal Prod. * Upson Co com. 12 % Utah-Idaho Sugar. 5 Preferred 10 Venezuela 3% 106"" Newspaper Western $4 conv pref Preferred 11 Western 82 15 United Oigar-Whalen 7% preferred.. 100 2% % 1 17% 1% Arden Farms West Grocer Co. .20 Western Groc Ltd.* r Preferred 100 r 78 16 % changed to name 100 8% Istpref 15% United 10 * 1% 1 Universal Pictures .1 7 17 101% Dairies Western 4 1 Valley Osage Oil Valspar com $4 conv pref Artist Theatre.* Western Cartridge Co Preferred 100 Westmoreland 79 3% * 8% preferred. .100 71% Lines 28% Wheel Steel Steel Corp Univ Leaf Tob 12% 9 28% Westland Oil ....10 12% 3% 12% * 5 5 12% 33 Tampax Inc 1 Tappan Stove 5 Tastyeast inc cl A. 1 Taylor-Colquitt Co 5 Taylorcraft Aviat'n 1 %e Universal-Cyclops Vadseo Sales 40 4% 10 Common 6 45 Universal Consol 8 4% %e %e May 8 26% 2% 5 * 50c. Universal Cooler— 6 70% .5 pref 1% % 10 4 $6 Common 1% 6% 1% 1% 6 37 1 •No par value, 2% 33% 4% 7% 6% 1 % 6% 15% 7% 1% 43% % 4% 1% 6% 107 4% Oil 12 3% 10" Class ...1 Trust efts % 4 12% 36% 1% 36 X 15 X 1% 23% dep ctfs of bear shs Sylvania Industrial » Symington Gould— Texas 5% 2% 32% 3% 1% % U S Truck Lines.. 1 United Stockyards— Common __1 Conv preferred..* United Stores A IX 1 99 . Union common..* 32% 44% 13% 43 pf.25 United Aircraft 5 Un Aircraft Prod__l 8 1 com. 32% Van Camp Milk * $4 preferred * Van Nor Mach Tool 5 Van Raalte Co 5 8% 48% 121% 25 Term & Trans non-cum 75 * 10 1 Prod Ref & * * 70 Swift Internet Ltd— Tennessee Corp Preferred U S Tobacco 7% 2 16% ' 22 Swift Terminal * 89% 30% 4% 16% Inc 1 com 50c Conv 1st pref U S Sugar 61% 54 53% 118% 118% % May 27 2% 4% 3% 4% 8% preferred. .100 Vanadium Corp * Finch Oil... 15 25 Sweets Co of Am.50 com. 7% preferred.. .50 U 8 Steel Corp * 7% preferred._ 100 Pap.* 6% Preferred .100 Western Air Expr. 1 West Auto Supply- 7% 50% 63% 6 Valvoline Oil comlOO 7 Preferred Technicolor Mfg. 25 Union Oil of Calif.25 Union Premier Food 23 49 58% 26% 6% Swan Iron & Steel Preferred 25 Preferred A * U SSm Ref & Min50 9 1% 16 West Va Pulp 26 2% * 26 23 w w U 8 Rubb Reel 4% 8 W Va Coal & Coke. ♦ 1 20 4% Michigan Steel Foundry * 8% % 20% 81% 3% 80 56% 25% 25 1 x w 10 pf.100 1st n-cu 17% * * pref conv West 17 % 7% %e 24 1 Steel Business Machine 8% drift com $4 2 13 6% preferred.. .50 U 8 Realty St Imp. * U 8 Rubber 1% 10% % 15 Conv preferred. 15 Sutherland Pap^r.lO Swallow Aircraft.-1 Sweets 1 * Un St Yds Omaha 100 Union Tank Oar...* Union Wire Rope..* 3 * com 50 U S Radiator * West Indies Sugar. 1 8 2% Superior Steel 100 Susquehanna Silk Common Union 27 99 8% 11 6% cum pref.. 100 Sunray Drug ...1 Sunray Oil 1 5%% conv pf 50 Superheater Co * Superior Oil Corp..l Superior Oil (Cal) 25 Superior Portland Cement A pref..* Common Corp common * Union Bleachery 100 Union Carb & Carb Stores 80 * Swift & Co Underw Ell Fisher.* Unexcelled Mfg. .10 Union Bag St Paper Un com Class B T" Common. 6% pref A Per Mfg AX Preferred Wesson Oil St Snow¬ 33 25 ___* 65 1.25 preferred..* Studebaker Corp.-l Oil 3% 15 7% Submarine Signal.25 Sullivan Macn'y * Bun 18 26% 31% % pref.20 Meter. .1 conv U S Print & Litho— 27 17% Par sharp 25 1 96 Hirshberg.* Struthers Wells Titus ville com 1% o o Strawb'ge St Clothier 6% preferred.. 100 7% preferred.. 100 Stromberg Carlson.* 6 % preferred.. 100 Stroock (S) & Co..* Strouss * com Series A pref * B pref...* Series 66 Stokely Bros 1 Conv pref.....25 Stone St Ulen & Co 65% 1 % Killer. 10 $1.50 preferred..* Twin Coach com__l 1% 2% 17 (Hugo)Corp5 Stlx Baer A pref * 1 * Stewar t-W ar ner Stinnes conv 20th Cent Fox Film Common * UdyliteCorp 15 25 10 Lamp—] 7% * (JB) Preferred Steel 80c div 13 38% Sterling Aluminum Preferred A 20 Trojan Oil & Gas of 31 43% Stetson 29% 28% 2% Williams Forging...* Transwestern Oil .10 Trico Products * 40 7% 1% 1% 1 Daylight 22 $1.50 U S Postal TT S Potash Bid Stocks Ask Went worth Per Corp— Common 14 & Delaware 1 Truax-Traer Coal..* 11 28 26% Screen-.1 Transue & Steel 67% 12% Securities..* Towne % Stern Bros common 1 4% 66 U S Plywood U S Stores & Pump 50% % Sterling Brewers... 1 Sterling, Inc 1 $1.50 preferred..* Sterling Products. 10 1% 1% 4% _ Triumph Kxplos 1 121 43 Trans Lux 37 125 18% 47% 29% com 90 7% 25% 1 Aircraft Preferred 35 Stanley Works 25 Starrett (L S) Co__* Products 9% Timken-Det Axle. 10 Timken Roll Bear.* Timm 18% 24% 34 104 20 14 9% 7% Bid Par 1% 117 Todd Phosphate & Acid Works 12 Stocks 117 Tokhelm Oil Tank 43 Stand Steel Spring. 5 Stand Tube cl B 1 Standard Wholesale 3% 25% 17% 13% 4% 34% * com 4 18% 33% 5% preferred.. 100 Standard Products. 1 Standard Screw..20 Preferred A 100 Stand Silica com 1 Ask share 1% 88 21 18% 24% Stand Oil (Kan).. 10 Stand Oil (Ky).._10 114 22 3 Stand Oil ofN J..25 Stand Oil (Ohio)..25 17% 12% 4% 33% $1.40 conv pref.20 19 * Stand Oil (Cal) * Stand Oil (Ind)—.25 3% 22% 4%% conv pref.* Tilo Roofing com.. 1 Time Inc ... 5 Thompson Auto Arm 1 Thompson (J R)..25 Thompson Prod—* $5 conv prior pf. "" Thompson-Starrett $3% preferred...* Per Tide W Assn Oil.. 10 18 Standard Coated Products com.10c Preferred __5 Stand Commercial pref—10 conv Thew Shovel 18 16% 1 Thermoid Co _ 91 stocks possible for the closing day of the month preceding the date of Issue Bid Stocks Ask miscellaneous & Quotations for all securities are as near as Ex-dividend. 11 The custom in reporting prices for State and municipal securities is to quote them on the basis of the return the bonds yield per annum. Therefore, furnishing the prices below, it will be found that for the single maturity bond a bid and asked quotation is published—either actual figures or on a In furnishing prices for the serial bonds, however, we endeavor to obtain the yield basis for the varying maturities. For instance, if a certain bond in our list matures from 1940 to 1951 and is quoted 0.50 to 3.00%—this would indicate that the earliest maturity yields 0.50% and the latter maturity is yielding 3.00%. '. Therefore, in the following list, it must be remembered the word to indicates that the figures shown are the yield basis: all other figures are bid and n percentage basis. asked prices. Quotations for all securities are as near possible for the closing day of the month preceding the date of issue as Yield Basis Yield Basis To or Bonds Bid UNITED STATES—See also pa ge 3Hs Mar 15 1946-1956 M&S 3»/8s Mar 15 1941-1943 M&S 3 HsJune 15 1943-1947 J&D 3Hs Aug 1 1941 F&A 3H« Oct 15 1943-1945.A&0 3 Ha Apr 15 1944-1946. A&O 3 He June 15 1946-1949 J&D 3Hs Dec 15 1949-1952 J&D 3s June 15 1946-1948. -J&D 114.6 102.12 108.6 103.12 108.12 109.7 — 15 1947- 113.22 114.9 Bridge Auth. 4s July 1 1957— 104 Anniston— 5s schools 1941-1947—J&J b 2.00 102.14 108.9 Bessemer—New ref 4 % 106.14 106.16 106.15 106.16 108.7 108.4 107.26 107.29 105.13 105.16 105.15 105.18 103.11 103.9 2H« Mar 15 1948-1951 M&S 2 He June 15 1951-1954 J&D 2 He Sept 15 1956-1959 M&S 2 He June 151958-1963 J&D 2Hs Dec 15 1960-1965 J&D 2 He Dec 15 1945—J&D 2 He Sept 15 1948— M&S 2 he Dec 15 1949-1953 J&D 2Hs Sept. 15 1950-52.M&S 2Hs Dec 15 1951-1953.J&D 2Hs June 15 1954-56. J&D 2s Dec 119.28 103.14 108.14 109.10 111.7 111.4 111.28 111.31 110.19 110.21 110.12 110.15 107.28 107.31 108.22 108.24 108.10 108.7 107.11 107.14 106.22 106.25 3s Sept 15 1951-1955. .M&S 2 Ha Mar 15 1955-1960 M&S 2 He Sept 15 1945-1947 M&S • 4Hs Ct House 1941-43 M&N b 2.00 4Hs Ref 1941-1961—A&O b 2.50 Mobile City— Refunding 2-5s Jan I 1966. 85 H A&O A&O 3 Ha impt ref 1940-50.-J&J 3 Hs Imp ref 1942-1958 A&O 4s 1941-1961 A&O 4 Ha 1941-1960 A&O 5s sewers Sept 20 1941 M&S Florence refunding 1 % to 4 % Gadsden 6% impt long mat - Jefferson 101.15 101.17 100.7 100.5 Farm Loan 105% 105Vs 105 % 3KsMa .1 65 opt'45- -M&N 106H 4s Jul July 1 *46 opt *44 J&J 110 X Commodity Credit Corp— H% Aug 1 1941 100.10 1% Nov 15 1941 „ r , — — - 101.4 JsDec 1 1948— May 15 1942 J&D M&N £ov 15 1959 M&N 4Hs Nov 15 1958--—M&N Honolulu (City & County)— 3 Ha Sept 15 1946 M&S 5s Dec 15 '55-'45 —J&D 5s June 15 1955.-. J&D Philippine Government— 4s reg Dec 1 '46-'26.MJSD 4 Ha July 1 & 15 1952, ..J&J 4Hs Oct 1 1959 A&O 4Ha July 1957 -.-J&J fs Feb 1 1952 F&A 5 Ha Aug 1 1941 F&A Puerto Rico (Govt of)— 2 Ha Jan 1 1946— J&J 4s reg Jan 1 1944 J&J 4s reg Jan 1 1960 J&J 4Hs Jan 1 '51-'41 J&J . 4Ha July 1 1947 —J&J 4Ha 7-1-56-59 1-1-56-.J&J 5s July 1 '44-'43 J&J 5s July 1 1972 J&J ALABAMA 3Hsrenewal class C 1956. J&J 4Hsbarborimpt June l'41-*73 4H» highways 1952 M&S 4Ha 1956 and 1959. —M&8 4srenewal July 1, 1956 4Hs 1042. 1946 1Q4Q Mfr.g . * Tax-free in Connecticut. J&J 105 102 H 1.20 102 H 0.90 100 2.25 114H 116 122 % 2.80 127X 2.80 122 % to 3.75 % % 2.00 % % % % % 41 less 1 % 3.50, % 1 to 3.25 less 1.25 to 3.25 2.75 lesslHl 3.00 less 1 % ___ % — 1 to 4.25 less _ % 1 101H 101H 101H 101H 101H 100H 100 H 99 H 97 H 1.75 109 X 1.80 116 X 1.70 125 X 2.90 CALIFORNIA Bridge Authority. San Fron-Oak 4s 1976.M&N 108 4s 1941-1964 M%N b 0.20 0.30 4Hs Univ Bldg Jan5'41-65J&J 0.30 4Hs Highway 1941-48.J&J30 0.20 4Hs 1941-1947 ....F&A 4Hs Olympiad 1941-71--J&J2 0.30 4Hs 1941-1952 F&A 0.20 4s Harb Imp 1985 opt '50. J&J 5s Jan 2 1941-1943 J&J2 b 0.30 4s Jan 2 1944-1948 J&J2 b 0.90 98 4.36 99 4-50 99 100 100 99 100 4.50 4-50 4.65 101 103 102 H 103 H 2.00 1 less H less 1 1 1941-1949.—J&J Veterans Welfare— 3s Feb 1941-1952 2Hs Feb 1 2Hs Feb 1 F&A 1941-1954.F&A 1941-1954.F&A Alameda 4s 1940 to 1941 .J&D 4Hs Mun Imp '41-48.A&0 Bakersfield 5s 1911-1952-A&O Berkeley 5s 1942-1951 109H to -- 3.00,% to 2.50 to 1.60 to 1.50 to 2.60 to 2.10 % % % % % 2.15 to 2.00 _ 6 2 40 61.00 to 2.90 6 2.40 2.20 5 2.60 6 2.60 2.40 ft J 50 24.0 to 2.25 6 Basis. 4s 1940-1962 — b 0.50 2.70 % to 3.00 WatWks 1956-76 M&N b 2.60 wka 1952-1975. b 2.40 3H« Water 1940-1941-A&O b 0.50 to 2.80 to 3.00 % to 0.75 % 4H« Water 1910-1970.A&O b 0.50 to 3.10 Nominal. % % % 0.50 3.20 0.70 % % to 2.60 % to.080 % to 1.50 % 0.75 to 1.00 1.00 to 2.00 0.20 020 p.20 2.25 to to 0.60 to 235 0.25 to 0.50 0.40 to 0.40 to p.40 to 0.20 to 0.30 to % % 2.25 % % 2.25 2.35 2.40 1.10 % 1.50 1.25 I b 0.20 to 6 0.90 to 2.40 b 0.40 to 2.70 1 \ 0.50 to 2.75 % 2.50 to 2 -55 % 0.50 4Hs Water 1941-1977-J&J 4s Wat Distrib '40-'63.J&D 0.25 2s 1941-1949— 0.50 J&J Hetch Hetchy— 4Hs 1967-1977 J&J 6 2 65 Spring Val 4Hs '67-69.J&J San Joaquin Co 5s *41 '49.J&J b 0.30 to 2.75 to 2.60 to 1.75 to 2.75 % % 2.65 to 1.90 % 0.25 320 page 0.75 94. to 2.40 to 2.30 to 2.40 to 1.70 • to 1.25 6 1.60 to 1.50 4Hs Water 1944 J&J 4Hs Ref Wat 19U-67-J&D 4Ha Water 1962-1965.J&D S D No 1 4 Ha 1941-53.J&J 4s July 1941-1945 J&J 3.65% March I, 1950-19542Hs Sew dist 1947-56.A&0 3s 1963-1972 opt 1955. A&O 3 H» Mun Water Retire 1963-1972 opt 1955.A&0 2Hs Sewer Disp *47-'56A&0 6 0.50 to 2.75 6 2.85 to 2.75 6 0.60 to 2.60 6 0.60 to 6 2.25 to 2.40 6 2.00 to 2.40 1.60 6 2.60 to 2.40 6 2.60 to 2.40 6 1.50 to 2.35 5Hs 1964-1973 J&J 6 1.75 J&J 6 2.40 J&J 6 3.50 to 3.70 5s 1974-19S3 J&J 6 3.90 3.75 Moff'at Tunnel Imp 5Hs 1944-1963 5 Ha 1947-1956 _ to 3.40 to 3.25 CONNECTICUT 6 1.00 6 0.50 to 1.50 % to 2-50 % 6 0.75 6 0 25 to 2.00 5Hs 1940-1957—J&D 6 0.75 to 2.50 % % % 2-25 % to 1.60 6 0 50 to 6 0.75 6 0.50 to 2 00 6 0.50 to 2.50 0.50 % % 6 0.25 to 2.50 % % -F&A 6 0.25 to 1.10 % J&D 6 0.25 F&A 6 0.25 F&A 6 0.50 to 1.50 % to 1.65 1 Hs 1910 to 1950 Greenwich 3s 1910-1944 1940-1947 ^ to 1.10 to 2.00 1 Hartford— 2 Ha n to 3.25 to 3,25 4 Ha Water '57 *58. '59.J&J 1 Hs 62 H 57 3 Ha Water / Flat price. to 3.25 % % Fairfield (County)— 60 H 55 to 2.80 to 2.40 to 2.65 lHs 1910-1945 to to 3.00 lHs Sept 1 1940-I959.M&S 6 0.25 3 Hs Bridge 1954-1955-J&D 4s Water 1941-1949—J&D 6 0.35 to 2.65 95 b 0.50 to 3.15 to 3.00 _ to 2.20 126 105H to 1.00 —A&O Danbury— 3Hs Fund 1941 tax'le.A&O Darien lHs 1940-1958--A&O East Hartford (Town)— 4Ha School 1940-59—M&N 2s 1941-1965 • F&A to 2.10 b 0.20 to 3.30 to 2.90 b 0.40 Cornwall 2s 1940-1956 to 1.65 J&J Costa Irrig Dist 6s 119H 2.90 Golden Gate Bridge & H'way109 X 1.70 3Hs series O 1942-1971 -J&J 131 3.40 Imperial Irrigation District— Refunding 6s 1983 J&J Refunding 5s 1983 Los Angeles (City)— 2.15 to 2.90 b 0 40 g to 0.35 100 H 112 to 3.30 July 1 1941-1944. J&J 3Hs Bristol 0.50 107 H to 3.30 San Francisco (City & County) 5s Water 1941-1969 J&J to 2.10 020 117 J2&J2 -J2&12 Pasadena 4s 1941-1942 J&J Rediands 5s 1941-1951. J&J15 Riversid 5s 1941-1953-J&D Riverside Co 5s *41-'54— M&N Sacramento 4s Jan 1941-1945 3s 1941-1968 J&J Sacrara'to Co 4 Ha *40-'46 J&D San Diego 5s W W '43-'54A&0 5s School 1941-1966 F&A 4Hs Water 1941-1964 to 2.10 1.70 1.70 J&J 5s 1941-1974 J2&J2 0.20 0.20 0.20 0.30 0.30 to 5s School 1941-1955.—J&J East Bay Mun Util Dist— East Contra 2s 1944-1951 2 Hs 1952-1953 2a 1954-1958 to 2.00 to 102 H 2.00 107 X 1.80 101 ys 0.75 U4H 2.25 Flood Control District— 5s 1941-1943 J2&J2 0.20 to 0.70 100 H 105 X 112 114 H 3.00 4Hs Mun Imp '41-'43.F&A 4 Ha 1941-1965 F&A Oakland 8 D 4a 1941-44..J&J Orange Co 5s 1941-1945.M&S Funding and building bonds lHs 1944-1958 J&D Branford (T) 2s 1941-57-J&D Bridgeport— 5s Refunding 1941-48—J&J lHa 1940-1948 J15&D15 b 0.20 to 3.10 0.75 0.75 0.75 Colorado Springs— Ref 1 Ha 1941-1943—M&S 6 0.50 Denver (City and County)— 3.15 less to 3.00 2.70 2 Ha State H'way 'A 1-*54.J&D b 0.50 3s warrants 1941-1951...J&D 6 0.50 2 Ha warrants 1952-'54 J&D 6 2.50 2s Highway ref, 1941-'47.J&D 6 0.50 Calif Toll 3Hs Jan 1 97 5 3.60 5Hs 1955-1965----- 2.00 to 3.15 COLORADO 98 less to 2.90 Colorado River Waterworks Ref 4Hs 1948-1977.F&A 6 2.40 Ref 3Hs 1978-1987.F&A b 3.20 Ref 4s 1946-1986—..F&A b 2.10 Modesto Irrig Dist 6s__ Oakland 5H« 1941-1943.F&A 0.20 CANADA—See 101 104 4s Water Rev 1941-76.F&A 5 3.30 Little Rock 8 D 4s '41-'55 M&S St Francis Levee Dist— 4s 1944. 5 2.20 4s 1958-1960. 5 2.80 to.3.10 Santa Barbara 5a 1941—JanlO 4 Ha gold Aug 1943 F&A 100 H 100 H 100 0.50 Turlock Irrig Dist 6a. 101H 101H 101H 101 Vs 101H 101H 100H 100 H Little Rock— 4 Ha Fund 1941-1950-M&N 120 107 H 115 to 3.75 100 - 3s Rose, Hemingway opt 1944 Hot Springs 4Hs *40-'50-M&S 106 % 2.10 105 X 0.90 100H 0.40 124 2.70 to 3.75 1.25 J&J 5 3.00 3s 1949 Jan. 3s Attorney Gen opt 1944 100 104 H to 3.75 3.50 1945-59—J&J 5 3.75 Corp 4H-4s 4H-4s % 4Hs Sept 15'50-'40-M&S 4Hs Oct 15 56-'46 A&O 2.25 - 101 97 to 3.25 to 3.00 % to 3.75 ------ I 101 3.00 % 3.00 % 2.75 % less - 100.22 Hawaii (Territory)— 4Hs 99 to 4Hs y ield M&S 97 1.50 Tucson 5s Water 1950 ARKANSAS 5s 1943-1948 5s 1949-1953 5s 1954-1960 5s 1961-1967--.-. 5s 1968-1977 4H-4s 102.5 SW I 1944 102 & Power District— 100.24 100.26 2.10s July 20 1942—J&J 2Xe July io 1954 J&J to 410 100 % to 3.10 of Southern California— to 4.00 b 3.00 2.00 - 100.22 100.24! INSULAR 3.50 6 3.00 To Net to 3.10 0.50 0.75 1941-1961 J&D b 0.75 b .75 3Hs Jan 1 1941-1960 Los Ang Co 4 Hs *41-'49_ .F&A b 0.75 Metropolitan Water District to 3.25 b 3.75 to 1.75 4s 105 b 2.25 6s Jan 1 1946 J&J 5sWW 1941-1950—J&J Phoenix Un H 8 D 4Ha 1948 5 Prescott 5s 1948 J&J 5 Salt River Project Agric Impt 101.6 102.3 41 87 3.10 4Hs 1941-1956 100.12 I? Julyl 1942 _ to 3.30 Ask 0.75 0.75 0.75 Los Angeles City High Sch Dls 5 Ha Nov 1940-1960—M&N b 0.50 5s 1940-1964 F&A b 0.50 to 2.30 Highway 6s Jan 15 serially H'se4Hs '40-48 J&D 105% 106 H 106 H 106 V* 111 H 100.20 AND 4.00 to 3.75 Bonds 20 1941 H% Nov 1 1941—— H% Jan 15 1942 TERRITORIAL 43 b 4.50 Co Ct 100.26 100.28 Ui 8 Housing Authority— Iff % notes Feb 1 1944 1.50 45 Phoenix 4H« '50 opt '30-J&J 100.10 100.13 Federal Natl Mtge Assn— 2% notes May 16 '43 opt *40 101.6 101.12 1X % Jan 3 1944 opt 40 100.26 101.2 Reconstruction Finance Corp „ to 3.10 b 2.00 LosAngeles (City) Concluded— 4Hs Seh 1941-1944—J&D 4Hs 1941-1968 J&J 4Hs 1941-1969 ...M&S 5s Municipal 1940-61-. F&A 5Ha Harb Imp *40-'61 M&N 3Hs Sch Dist 1941-61. .J&J Water Wka Refunding Rev 3H» 1943-1947—J&D.. b 2 Ha 1947 1959 J&D b 3 H 1940-54 J&D 1.00 3Hsaer A 1941-1977. J&J 105 .3 Ha ser B Jan 15 '77 J&J 3 Ha 1948-1958 J&D 6 2.40 2s 1940-1942. 100 ..A&O 3s 1943-1949 100 A&O ARIZONA „H% May 1 1943 tt% notes July to 3.10 b 1.75 Bid Bonds Electric Plant Revenue— Ref 4s 1941 to 1975. J&D 3Hs 1940-1977 J&D to 3.10 School No. 1 5s 1945. --J&J _ — b 2.10 b 1.75 % Maricopa County— _ Bank to 3.10 to 3.75 107.17 107.20 104.5 104.1 107.10 107.12 2Hs 1942-1947 M&S 103.27 103.31 r ederal Home Loan Banks— 2s Dec 1 1940. 100.16 100.20 2s Apr 1 1943 102.18 102.24 Home Owners' Loan Corp— 3s ser A 1944-1952— .M&N 106.31 107.2 2Xe ser G 1942-1944... J&J 103.17 103.19 1 ser M 1945-1947*. J&D 101.19 101.21 He May 15 1941 100.11. 100.13 Land b 1.50 Tuscaloosa (City)—5Hs serial b 2.00 b 2.00 4Hs 6 2.00 4Hs 4s 5 2 00 Tuscumbia refunding l%to4% 37 102.5 101.16 101.18 100.19 100.21 ■ Federal to 3.30 5s W W 1941-1957 J&J b 2.00 6s ref pub impt '41-53 M&N b 2.00 Tuscaloosa Co 6s Bridge 1941 5s Road 1957 M&S b 3.00 101.17 101.19 J&j % 104 to 3.00 ..J&J Morgan Co 5s road 1952.F&A b 3.00 Selma (City) 5s-6s 1940-1955- b 2.00 2Hs 1941-1952 J&J b 2.00 Tuscaloosa— 104.4 104.2 103.23 103.25 101.30 102 H% June 15 1944.. 1% Sept 15 1944 X% March 15 1945 Federal Farm Mtge Corp—, 3Hs 1944-1964 .M&S 3s 1942-1947 381944-1949 M&N 106 6s Road 1951 101.6 101.23 101.25 102.26 102.28 102.3 104 6 2.50 Montgomery— 5s funding 1941-1966--J&J 4H« Sanitary Sewer Jan 1'44 Montgomery Co 4H« 1957-59 101.13 101.15 101.13 101.15 1X % Dec 15 1943 1% Mar 15 1944— to 2.85 b 1.50 1969. _M&N 4Hs June 1 1941-1948— 5s School May 1 1945. i 4Hs 1941-1958. J&D Gen fund 4Ha 1941-66 J&D 3s Panama Canal 1961—Q-M 121 3s Oonversions 1946.. Q-J 110.34 3s Conversions 1947 Q-J 1UH U 8 Treasury Notes— IX% Dec 15 1941 IX% Mar 151942 2% Sept 15 1942 1H% Dec 15 1942 1H% June 151943 1% Sept 15 1943. 2.20 to 2.50 to 3.75 or Net County— 4s Tunnel Rev Mobile co— 102.19 102.21 101.4 102 - 2 Ha 1941-1952 3s 1944-1959- J&D 104.26 104.28 103.15 103.18 1H% Dec 15 1940 1H% Mar 15 1941. 1H% June 15 1941 . Ask Birmingham— 2s Dec 15 1948-1950—J&D „ Bid 4S pub highway 1949-51.M&8 b 2.25 4s refunding 1941-1954—J&J 6 1.50 3 Ha refunding 1955-1965-J&J b 2.50 State Bridge Corp 4a 1940-1951 103 19 Treasury Bonds— 4Hs Oct 15 1947-1952-A&O 119.26 4s Dec 15 1944-1954—J&D 113.20 Bonds Yield Basis To or Net Ask % f?75 % AUGUST, 1940] STATE MUNICIPAL AND Quotations for all securities are as near as possible for Yield Basis To Ask Bid {[ or Hartford (School District) 2.00 Metropolitan District b 0.25 b 0.15 to b 99 h b 0.40 to b 0.25 to 1.00 b 0.40 to to % 1.25 % b 0.20 to 1.75 % 0.50 to 2.00 % — Certificates of Akershus (Dept of) 0.50 to 2.25 0.50 to 2.25 0.25 to Norwalk (T) 4k» 1942.. j&D Norwich 4kb 1941-1965.M&S b 0.50 2Kb 1941-1959 J2&J2 b 0.50 Rldgefleld (High School)— b 0.50 2.25 11 % % Extl Extl b 0.50 to 2.25 % to 2.75 % 2.00 % to f 7s 1957 1st ser. a&o % % to 1.75 % to 2.00 % b 0.25 to 2.25 b 0.25 to 2.00 % % b 0.50 Windham (Township)— s 11* f 7s 1957 3d ser. a&o Berlin 6Ks 1950. 6s June 15 1958 to 2.25 to 2.50 to 1.90 0.50 to 1.50 0.75 to 2.75 0.75 to 2.50 1.90 0.50 1.75 4.00 % 103 100 14 b 1.75 105 to 4.00 Jacksonville— 6s Jan 15 1941-45..J&J 15 b 1.75 5Ks Jan 15 194M5.J&J 15 b 1.75 Refunding 2.60s Jan 1 1957 103 Lakeland new refunding 40 3 3K 3K 3K 14 K Water & Light 6kb 1941-50 b 2.00 Leon County— 5s July 1 1941-55 Marion Co Road 6s Feb 1 *52. b 1.75 115 Road bonds 5s July 11952— 110 Miami— 11% 11K UK 30K 45 24 20 Refunding 3Kb and 3Ks... 96 Miami Beach— 1941-1950 M&N „Kef 4Kb non-opt 1947-56New Smyrna— Ref 3-4K-6s Jan 1 1964— Orlando— b 1.75 b 3.00 to 3.60 % 114 93 5s 101 b 3.00 J&J M&S b 3.75 1952-1953 32 5 Ks 1945 1950 6s 1941-1950. b 3.25 to to 106 3.00 % % 1.75 13-40 — St Augustine ref 4s 1967 New refunding 3-5s St Johns Co Road 5s 1946 Road 5kb 1944 m&S % 3.60 % 3.70 % to 3.60 b 2.00 1961— 104 Palm Beach (City of) 5s Pensacola 4kb ref 1941.. &J b 3.25 5s 1958 J&J b 2.00 b 3.70 Pinellas Co ref highway 4s 4s 101 87 105 107 106 % 104 84 108 6 3.90 % 6s stamped 1961 7s stamped 1952 to 3.75 % 108 Refunding 2-5s 63 65 F&a 2nd ser 5Kb 1940.._A&O Customs Administrations— 5 Ks of *22 ext 1961 2d series 1901 5 Kb of '26 ext 1st ser 1969 5 ks of *20 ext 2d ser 1969 Dresden (Ger) ext 7s '45 M&N Bulgaria (Kingdom)— Sec s f 7s 1967 _ 7s 1939 7s 1940 7s 1941-1945 Extl J&J 8tabil loan 7Ks 1968.M&N sec J&D Cent Agricul Bank (Germany) Farm loan 7s 1950—M&S15 f Farm loan 6s I960... J&J15 / 6s July coupon on 1960— Farm loan 6s 1960..A&O15 / A int ctfs on I960 1938..a&015 f 7% assented 1942 Extl s f 6s 1960 45K 49 50 K 31 34K 6s assented 1960 10 12K 9K 10K w* 5 30 18 23 4 5K 12 10K li 5 30 8K 10K 5 30 s f 6s Feb 1961...f&A 6s assented Feb 1961 Extl s f 6s Sept. 1961..M&S 6s assented Sept. 1961 - German 14K I4K 17 Gt Brit & U~~ M&N 1953. Gold 6s 14 Hanover (City) Germany 7s'39 Hanover (Prov) Germany— 6s 1st series 1957 6 Ks 2nd series 1949 F&a f&A Republic 14 12 Sec Wat Works 8s 1952 a&o Helslngfors (City) Finland— Extl s f 6Ks I960....A&O 14K 17 Hessen. 10 Hungarian Cons Munlc Loan a f g 7Ks 1945 J&J Extl s f 7s Sept 1940—J&J Hungarian Land Mtg Instit'n 9 12 % 12K 12 15K 11K 15K UK K 11 12K 20 11 11% 11% 11 "iiK ..... Tax free in Connecticut, ft Basis /Flat price. * Last sale, n Nominal. 15k 19 14 . 11 17 k — 16K 7 20 30k ser A—M&N 8 f 7Ks 61 ser B($ bds)M&N (King) 7 Kb '44.F&A 6k 6k 6K 6K 58 12k 9% 8 9% Hungary 30 Ext at 4K% to 1979—f&a Irish Free State 5s 1960.M&N 45 60 46 48 24 26 Italy (Kingd) extl 7s '51.J&D Prestito Redimibile 3Ks Specified Unspecified Ital Credit Consortium for Pub wks ext 7s B*47 M&S Pub Util Credit s f 7s'52J&J 25 28k 17 19 23 40 27 28 Japanese Government— 10 11% 13 10 11 S f 6Kb 1954 .F&A Extl s f 5Ks 1965——M&N IV* 60 Oriental Dev Co 0s'53.M&S Orient Dev Co 5Ks'58M&N ♦ 70 See Munich Bank Mtg 7Ks 1961 „ "11% 12 K 11 6Ks assented 1961 16 73" (Greek) 15 UK J&D31 3k 25 35 8k —A&O 20 11 _ 16 10 60 A&O 1946 11 14 Chili Mtge Bk 6Ks '57 J&D31 6 Ks assented 1957 8 f gu 6K» Jne 30*01 15k 20k 20 K 9 f&A 1968.F&A Guatemala 8s 1948 M&N 7 Haiti (Rep) 6s extl 1952.A&O 11 UK lyos f 7s 1964—M&N 6s part paid Hellenic 20 ,.U /S »<*>«nuea s 7s part paid 1964 Sink fund 6s 1968 6s 16 k - Bks Heidelberg (Germ) 7kb'50j&J 7 12 % . Co mm 15 16 Ireland—See British Greek Govt 17 K 12K 1963...1.M&N & 40 Hamburg (State of) Germany 11 f 6s Prov (Con Agr Loan)6Ks*58 J&D 7 Graz(Mun)Austria 8s'54M&N7 18 Extl Ry ref 6s Jan 1961. J&J 6s assented Jan 1961 Extlsf 6s 1962 m&S 6s assented 1962 s 7 39 7 11 7 11 7 16 K 5Ks unstamped 1965 7 12 h Stamped (Canadian holder) 7 German Extl 7s *49 stampA&O 7 20 78 unstamped 1949.. 14 ' 1J 2 Scrip 3 1 .... 1-1 Extl 7s plain 1949 7 Ks plain 1941 „ 11 a&O 6Ks 1953 German Conversion Offer— Funding 3s 1946 German Cons Munlc 7s'47 F&A Cons munlc 6s 1947--J&d German Govt Internat— 5Ks loan of 1965 J&D 0ft Oct coupon 6s Central Bank of Germany— 6s A 1952 F&A f A&O m&N 7Ksext 1941 stamped J&D ^ 44 f 8s *54.J&J 7s 1948 s A&O 7 A&O French Government— 7s ext of 1949 stamped.J&d _ Caldas Exts f 7Ks 1946..J&J Certificates of deposit s Duesseldorf 7s to 1945.-M&s ■ ... ..... 1955 Duisburg 7s to 1945 M&N El Salvador (Rep)—8s A 1948 Certificates of deposit Extl 105 West Palm Beach— 5Ks _ 12 *"8K M&S / 55 80 a&o 80 7Ks stamped 1947—M&N 6Ks stamped 1961 F&a / 80 Scrip f 40 45 K Readjust 4 Ref s f 4 43 K Extl re-a 44 % _ 100 f 8s 1951 ser A..a&O s Ext'l „ 82 7s assented i960 M&S Chill (Rep) ext 7s 1942.M&N 81 10 Trust rets 4Kb 1962 a&O 15 Dominican Rep 5 Kb '42.m&8 2d Series 1942.. 5K» Cust Adm 1940.-a&O i 4 Bud'pestCOItyjesJ'n'aocoup^ Buenos Aires (Prov)6s*61 M&S 6s series B 1951 A&O Chilean Cons Municipal LoanExtl s f 78 1960 ser A..M&S St Petersburg— 74 Refunding 3-5s Oct 11972 b 4.15 Suwanee Co Road 5 kb 1946. Tampa— 5s June 1955 opt '25 99 J&J 5s W W Purch '40-'72.F&a b 1.75 105 4Kb Impt 1947 J&J Ref 4s 1943-1965 102 m&S Ext 35 Brit Hungarian Bk 7Ks 1962 Certificates of deposit Ceara (Brazil!8s 1947...J&D 2.75 % 73 K Ext s f 8s 1952 ser B..a&0 Danish Cons Municipal Loan 5 kb 1955 ...m&N 5s 1953 F&A Danzig Port & Wat Ways Bd Extlsf 6Ks 1952 J&J Denmark ext 6s 1942 J&J 33 Ext) 106 102 5KsPubWkBJune30'45J&D 29 _. Refunding 4s 1941-62.F&A Orange County 5b 1944..J&J 53 K Frankfurt-on-Main (Germ)— (Dept of) Colombia 7Ks 1946 a&O Certificates of deposit 96 99k 54 k 100 Cunainamarca Dep (Colombia) Extl s f 6Ks 1959 M&N Certificates of deposit Czechoslovak Republic— Gauca Val 3.50 98 J&D f&A j&J 15 "36" Carlsbad (City) to 3.40 F&A 33 20-year s f 6s 1950—J&D British 4* 1990 opt '60.— m&N War Loan 3 Ks of 1932 Cali(Colombia)s f 7s '47.M&N Callao (Peru) 7Ks 1944._J&J 100 Extl g 4Ks '49 opt Extl 4Ks 1977 Extl g 5s 1949 Extl s f 5Ks *53 Estonia (Rep of) 7a, 1967 J&J Finland (Repub) 6s '45.M&S f&A Ext re-ad1 4K-4Ks'75M&N Extl s f 4s $ bonds 1984.J&J 17 16k 14k 16k 14k M&N Costa Rica Pac Ry 7 Kb 1949 5s 1949 M&s Cuba (Rep) 5s 1944....m&S 52 106 to . 71 Funding 5s 1951 _ 50 46 14K 12K 14K 12 K 98 K 54 % 3.75 % 61 46 K 70 35 42 to 2.50 to Cordoba (Prov) Argentina Extl s f 7b 1942 J&j Costa Rica (Republic)— Ext sec sf 7s 1951 M&N 3% ih 11* 23 40 31 % 81 Extl s f 7s 1957 F&a 7 7s stamped 1957 7 Externals f 7s 1937.-.M&N Funding 5a 1931-1951.A&0 7 7 Funding scrip Bremen (State) 7s 1935..M&S f 6s 1940 M&S / Brisbane (City) Australia 35 30-yr s f 5s of 1957 M&S 3.90 % 79 . % 22 30 3k 109 to 2.50 16 K 10 118 b 4.15 K 18* J&J m&S A&O Victory 4s due 1976 3.00 % to 3.20 16K1 14 K 13 35 102 100 13 K 20 Sf 5s 1958 3.70 % 101 50 A&O 78 b 3.85 41K Brazil 8% ex 1941 —J&D 7s Cent Ry elec 1952..J&D 72 76 ~45K 44 40 Extlsf 6Ks (1927) '57.A&O 68 20 24 % 22 Viuuuu 28 Extl 7s 1958 Extl sf 7s 1969 6s 1940 to 1.75 b 4.15 "19" Certificates of deposit Bolivia (Rep) Ext 8b '47 m&N to 1.80 Certificates of deposit 52 J&D m&n Copenhagen 5s June 1 Extl g 4Kb 1953 Cordoba V V/1WJ / (City) 20 10 to 2.10 0.75 40 30 ' 35 30K J&D 7s Oct 1947 10 20 K 20 K 20K . iiH 28 72 27 * Certificates of deposit Sink fd 7s (of 1926) '46 M&N Certificates of deposit... 7 Slnkfd 7s (of 1927) *47 f&A 60 75 20 to 2.25 b 3.20 Duval Co School District No. 1 5s 1940-1955... A&O b 1.75 Escambia Co 6s Aug 15 1951. _ 64 K 59 h , Bogota (Mtge Bk) 7s May '47 Certificates of deposit FLORIDA 5Ks 74 K 40 Certificates of deposit Extl s f 6K« 1947 a&O 1 21 69 7s stamped 1937 63 K 57 K Bogota (City) extl 8s '45.A&O 1.50 9 74 Extlaf6Ks (1926) '57.A&O Hillsborough Co 5s Oct 1 1943 Hillsborough Sch Dist No 4— "23% 21 a&c 7 20 K 20-yr sf 0Ks 1947 21K a&O / to 1.75 2.00 .A&C Gainesville— 5Ks July 1941-1975 10 :;_A&0 7 24 " 57 % 8 f extl loan 4s Apr '72. a&O 60 2% Treasury notes 1948— Australia (Commonwealth)— 47 Extl 5s July 15 1955.J&J15 47 Extl 5s 1957 M&S 40 K Extl 4Kb 1956 m&N 91 Austrian Govt 7b 1957—J&J Baden extl s f 7s 1951 J&J 7 11 Bank of Colombia 7a '47.A&O 7 20 7s 1948 k&O 7 20 Barrauquilla 8s 1935-40-46-48 7 24 K Bavaria (Ger'y) 6K« '45.F&a 7 17K Bavarian Palatinate 7s *45 J&J 7 12 to 2.00 0.50 .A&O Special Tax Sch Dist No. 2 Ref 4s 1956-1967—.m&N Ref 3K*1940-1947...M&S Duval Co Road 5s 1955—A&O 8 6 15K 23 K Certificates of deposit... 7 10K _ 1.75 1941-1947. 1948-1957. 2Kb April 1 1958-1966. J&J 1Kb highway 1941-1979 Kent Co 4Kb 1945-1950 .M&S New Castle Co—• 5 kb .J&j 1941-1944 Sussex Co 5s 1941-1970. .j&J A&O 4kb 1941-1953 Wilmington— 4Kb Bldg Con '53-62 M&s 4Kb 1940-1958 (s-a). .A&O 2Kb April 1 Coral Gables— New refunding 2 H-5s 1977. Dade Co 5s Oct 1947-54-A&O 12 4 Funding 4s Jan 1 1940 Colombia Mtge Bk 50 Antwerp (City) extl 5s '58 j&d Argentine Repub— 4 K« s f extl loan 1948.M&n Extl s f conv 4kb '71-M&n "eb *72.F&A 5 f extl loan 4s Ft 0.50 2Kb April 1 Brevard County School Tax Districts No. 1 & 4 Refund. Columbia Co Road 6b 1955.. 10 Rep 6s 1961..j&J Certificates of deposit 9 Belg Govt extl 6Ks 1949 M&S External a f 6s 1955—J&J Extl sf 7s 1955 J&D DELAWARE 5b 1947-1949 4s 1942-1948 15 J&d Colombia 11K 9K 11K 9K 13 K 9K 11K 9K 13 K 8 f 7s 1957 2d — b 0.50 West Haven (School Dist)— •4KB 1941-1956 M&N b 0.50 J&J 10K Government— t Hukuang RvS 5s£..j&D 11 7 2K-5s 1954. / elogne Germ'y 0Ks'5O-M&S7 24 11 s Certificates of deposit— to 2.25 to 1.90 s Certificates of deposit... 8s 1946 tp 2.25 % to 1.60 % to 2.00 % b 0.50 if « of deposit... fit* D 1945.-j&j . ...J&D .... J&d Chinese 24 ser.A&O Extl % to 2.25 0.50 4s 1941-1952 m&N 6s stamped 1931 25 Certificates of deposit... 2.50 % to to 2.25 b 0.50 5b Water 1940-1971 —M&N b 0.50 3s Street 1941-1955 F&A b Certificates s f 7s ser Extl 0.75 to 1.90 b 0.50 b 0.50 S Certificates of deposit— to 2.50 Waterbury— 2Kb 1941-1953 1962 6% notes 1931 24 lh lih ll0y> 1961.. 1962 6s assented 6s Oct 1961 Certificates of deposit—_ s f 7s ser B 1945. _j&j 1.60 % to 1.75 _ 4Kb Mar 15 1941-49..M&S 22 14 Certificates of deposit... Extl s f 7s ser C 1945—J&j 4Kb Water ref 1950—-F&a 1Kb 1941-1954 J&J b 0.25 Norwalk (City)— 4Kb Sewer 1941-1968.M&S b 0.50 1Kb 1941-1959 A&O b 0.25 West Hartford— 22 28 Extl % 1.75 % New London— M&N 6s Ask _. 4Kb Imp 1940-1952-m&n 1kb 1940-1948 j&d15 2Kb 1940-1952 (Concluded)— a&O 6s assented 31 40 M&S / Antloquia Col (Dept of)— Extl s f 7s ser A 1945—j&j New Haven— 1kb 1941-1963 j15&j Stamford (C) 4s 1942 M&N 2Kb 1940-1961 M&N Stamford (Town)— ♦4KsSch 1941-1965—m&n 1Kb 1941-1950 A&O Suffleld 1kb 1941-1959. J&J Torrlngton 2Ks 1941-*57 A&O 19 deposit;... 4s 68 M&S Anhalt 7s to 1946 Bid 8 f gu 6s 1961 7 20 6s 1948 ...a&o 7 20K 20 Certificates of deposit.. 20 7s 1946 A&O 19 Certificates of deposit 20 7s 1947 ..—.—-J&J % 1.75 % 97 1.25 % To or Bonds Chili Mtge Bk 6s 1947 Certificates of deposit to 2.40 ' Yield Basis To iva % (Colombia) F&a 7 20K Igricul Mtge Bk 1941-1978 J&J 1H 1941-1970J&J 1 ks 1971-1980 -j&J Manchester *4 kb 1941-44M&n Meriden 1kb 1940-1943--J&D Kb 1941-1944 M&N Middlesex County— 1Kb Bdge 1940-1955.M&N New Britain (Co)— 2s 1941-1951,— F&A •4Kb School 1940-52.f&a Ask roreign governments and cities Hartford County-— 2 Ks Bid Bonds Net •4Kb Northeast 1959.j&D preceding toe date of Issue Yield Basis ' or Bonds 93 BONDS the closing day of the month 55% 52 k 63 k 57 53 k Net *> STATE 94 yuotations for all MUNICIPAL A.ND securities are as near as possible for the closing Extl x Extl Jugoslavia (Kingdom)— Fundings f 5s 1956---M&N 2d ser funding 5s 1956 M&N State Mtge Bk 7s 1957-A&O / Leipzig (City of) 7s 1947 F&A / (City) Peru— Extl if _ 1958---M&S 6^8 Certificates of deposit 15 20 15 6M / --- 7M — Silesia 14 10M Extl / 10M / 5 7M 6 Ms 1954 ------J&D 5 Certificates of deposit—. / Mendoza (Prov) Argentiiia— 7 Ms extl s f 1951 J&D Stamped J&O f 1951----J&D deposit.. 11M _ 53" 1954_ J&D Metrop Water Service— See New South Wales. 4s extl readj $ bds 9A 70 ::: 1958..-----M&S 1959 ser A—M&S Montevideo (City) 7s Extl ■ f 6s 1959 ser / / f / f A 1M 1 A "~2A 29 / / 7M 7M 22 H f 31 8% 9 — 50 70 35 --- 48 35 35M f?SH Stamped — - — / Series A (ctfs of deposit).— / 5% scrip - - r - - / Parana (State) Brazil 7s 1958. / Pernambuco (State of; Brazil Extl s J7s 1947 M&SPeru sec if 7s 1959 M&S Nat Loan extl 6s 1960-J&D / Extl s f 6s 1961 A&O f Poland (Rep of) 6s 1940- .A&O f 4 Hs assented 1958_ - A&O / Stabilization b f 7s 1947 A&O / 4Mb assented 1968—A&O / External 8s 1950. J&J / 4Hs assented 1963 J&J / Dollar funding 3s 1956-A&O / Porto Alogre (City) Brazil— Sinking fund 8s 1961—J&D / 5 f 40-yr 7 Ms 1966—J&J f 7s 1968F&A f Prov Bank (Westphalia) 6s '33 f 6s 1936 / 6s 1941 / 54 M ___ 48 7-yr 2 Ms 1944 10-yr 2 Ms 1945 —- "37M 37 20-yr 3s 1955- 37 M 3s 20-year 1958 3s perpetual 35 f, •* 6H m 4 4M 8 4M 4M 4M 3 / Prussia 6 Ms 1951—M&S 15 / 6s 1952 A&O / Queensland (State) 7s '41 A&O Ext g 6s Feb 15 1947 F&A15 Rio de Janeiro 8s 1946—A&O / Extl s f 6 Ms 1953 F&A / / 4M» 1959 / 6s 1933 Rio Grande Do Sul (State) Brazil ext s f 8s 1946--A&O 7s extl s f 1966 M&N Extl s f 7s 1967 J&D Extl s f 6s 1968J&D Rome extl s f 6 Ms 1952..A&O / / / / 20 --- "102M 65M 56 (Monopolies) 1959 F&A Feb 1937 coupon paid... Russian 6 Ms June 18 1919— 5M% «t loan D- 1921 Usro ..jy .J&J (Mtge Bk) 6s ser A '47 6s series B 194<.. ff _i J&J f deposit— / 4a scrip 8s 1948 t f 8s ctfs of deposit 1948— / Santa Catharina (Brazil)— 8s 1947 F&A / San Paulo (Brazil) State of— 8% external loan 1936-J&J / Extl 8s 1950 J&J f Extl 7s 1956 M&S / Extl s f 6a of 1928,1968 J&J f f Santa Fe (City) Arg Rep extl 7s 1945.. A&O / 4s 1945 stampedA&O / / Stamped 1942 . Extl guar s f 4s 1964--M&S Santander (Dept) Colombia 4s Extl s f 7s 1948— Santiago(pity)Ohlle7s Extl sf 7s 6 Basis. 1961 -/Flat price. 52 27 A 10 5A f 3~~ 3A f 58A - n,-. 6M 8 6A OA 9H 8 Gold 62 ...M&S M&N ...J&D J&J J&D M&N F&A 66 81M 81M 64 66 63 65 58 66 66 68 84 A 85 M — 5s 86 95 78 82 78 83 M&N 64 68 J&D F&A 64 F&A 65 "68" 75 80 4. Us 5M 10 M — 10M 10 10 8A 30 A 7H 4 Ms Ms 16 10M 10M 74 68 H 106M 70 M 81 10 Ms Ms 22 —- ~73M "75" 90 A 41M 41M 41M 40 M 40 M 40 M 40 M 38M 75 n------ 6M mi ~ — 9 9 (O) 5s '45&'50A&0 5s s f 1955 & 1960 A&O Halifax N S 4s July. 1945 5s Jan. 1951 J&J Hamilton— — - - 32M 80 60 85 67 "54" «• — — 20 - - - k Last sale. n ... 51 86 96 90 1950-1959 4Mb 1941-1945 4Mb 1946-1961 4s £ July 1 1948 3Ms July 1 1944 Vancouver, (B C)— 5Ms 1952 J&D A&O 85 89 95 A&O J&J J&J 80 85 70 80 70 80 F&A 72 76 var 5s 1945 & 1946 var ... 72 76 72 76 70 74 GEO R OIA 4Mb ref 1941-1945 J&J b 1.00 2s Highway Ref Mar 15 '47... Albany 5s 1945 74 70 4Mb non-call 1944—-M&N 4M» June 1 1946 J&D 4Mb June 15 1950 J&D15 4s Aug 1 1946 F&A15 — to 1.10 1.50 b 3.00 Road 58 1949-1953 Athens 4Ms June 30 1943 Atlanta— .... to 3.25 b 2.00 5s Water 1941-1951 J&J b 1.00 4 Ms 1941-1956 J&J b 1.00 Ref 2Ms 1941-1967—J&D b 1.00 Augusta 4Ms Flood '42--M&N Bibb Co 4Ms 1948-49—M&N Chatham County Road 4Mb 1940-1949.F&A Clarke Go 5s 1941-1944 J&J % 1.30 J&D % 1.50 % to 2.15 % to 2.20 % to 2.30 % b 2.00 1.50 % 2.25 % b 2.30 to 2.00,% 1.00 to 2.00|% 1.00 to 1.90 % to 3.50 % 1.00 Columbus 5s 1941-1944.-J&J 1.25 Crisp Co 5s 1941-1957 __F&A 1.00 Dougherty Co 5s '41-'48.M&S Muscogee County— Road 4Mb 1941-1956—A&O b 1.00 Pulaski Co 5s 1941-1948—J&J b 1.00 Savannah 4 Ms ref 1943 J&J 4Mb Drainage 1944 F&A 4Mb Refunding 1959--F&A 1.75 2Mb 1943-1967 J&D15 1.00 Spalding Co 5s 1941-'49.-J&J 1.25 Swainsboro 6s 1941-50--A&O to 2.50,% to 2.30 to 2.25 20 1.40 2.50 to 2.50 to 2.10 to 3.25 % % % to 2.50 60 Valdosta 5s 1941-1942 Jan 1.00 60 Ware Co 5s Road 1941-49 J&J 1.00 to 2.40 1.00 to 1.50 2.00 to 2.50 2.50 to 3.00 54 70 70 80 IDAHO 60 65 4Mb ref 194l-194o 4s ref Jan 31 1941-1941 A&O b 00 Amer Falls Reservoir Dist— 6s Oct 1 1940-1944 Boise City 4Mb L'51 60 65 70 M&S J&J J&D J&D J&D M&N F&A J&D 73 61 77 ILLINOIS 64 68 75 70 75 68 73 65 70 65 70 64 70 J&D 3Mssfdeb 1949 F&A Montreal 5s Dec 1, 1945-J&D 5s sf Nov 1, 1956 M&N 4Ms May. 1954 4Ms Jan, 1944 J&J 4Mb 1940-1951 A&O 15 4 Ms June 1, 1971 J&D 4s May 1,1944 M&N Metrop Co 4Ms 'SS.^&'Bl 4 Ms May 1, 1965 M&N 61 66 55 72 58 65 4Mb Serv Comp *41-'43.Aug 1 4Mb Serv Comp '41-'43.Aug 1 4Ms Serv Comp '41-'44.Aug 1 4s Highway 1941-1943-May 1 4s Highway 1945-1954 M&S 4s Highway 1955-1958. .M&N 3 Ms Emerg Rel '40-*47 Dec 15 3 Ms Emerg Ref'48-'54 Dec 15 Bloomlngton 4 Ms Water 1940-1961 opt 1952.M&S 65 69 Champaign 64 68 64 68 62 65 63 66 3s 1945-1948 60 65 58 62 3s 1957 opt 1941-1942 3s 1956 opt 1945-1949— S F deb 5 Ms 5s 1943— 1958 1945 4Ms 1951 4 Ms 1956 - 70 J&J Boise City Ind Sch Dist No. 1 4Mb June 30 1941-1954— r 5s Road __ 62 86 88 63 70 63 72 71 70 4Mb 1960 A&O 4Mb non call 1958-M&N 15 4 Ms s f Apr 15.1961 A&015 Debenture 4s 1947—M&N Sf deb3M«1948 A&O 3 Ms s f deb 1946..—.J&J 3s s f deb 1941 r-,--J&J 5-yr 3% debs July 1 1944.. 10-yr 3M % debs July 1 1949 Nominal. 76 71 75 75 69 73 69 73 72 76 60 70 60 70 65 72 "76" 69 73 '60..J&J / 18 0.70 0.20 to 0.70 0.20 to 0.80 0.20 to 0.70 1.00 to 1.60 1.65 to 1.75 0.25 to 1.20 t b b b b b b 1.25 to 1.50 b 2.00 to 3.00 , to 1.50 b 0.40 b 1.15 to 1.00 to 1.65 Jo b 0.50 to 0.75 % b 1.50 2Mb ctfs Feb 15 1958-59. 3 Ms 1952 opt 1945 3 Ms 1953 opt 1946 3 Mb 1955 opt 1951 4s 1941-1944 4s 1945-1948 4s 1949-1950 • 3.00 to , 3s 1941-1944 58 1969 to 0.20 1941-1943—M&N b 1.00 M&N Commissioners— b 1.00 County— Chicago— Water Works System— 3s ctfs Aug 1 1954 North Vancouver 5s 20 54 02 A 02 A 47 Sfdeb5M«1950 M&N 8 f deb 5 Ms 1952 J&J Debenture 5s 1960——J&J 4M« 1955 -—M&S 12 11M 10M 75 New Brunswick— 21 11 10 A 9A 29 M ' % 55 48 M 48 M J&J 65 5s Nov 1, 20% 57 51 50 M&N15 A&O Harbor 6M 53 54 4s 1957 —- 76 15196011—M&S Appling County— 103 4 Ms _ 72 77 72 5s 1944 33 84 to 9.00 73 72 67 A 99 M 80 5Ms 1942 I.i 80 b 5.50 1Q41 Lachlne P Q 5s 1954 J&D Manitoba (Province of)— Debenture 6s 1947 A&O 9 82 . 71 80 4s Elec L & P 1941 12 78 70 80 80 75 8M 7M 7A OA 76 75 77 7M 5M 6M 5M 65 73 Winnipeg, Man 5s 1944—A&O 4 Ms s 5 f deb 6s 1947 — 66 60 71M 80 78 M 52 A 65 61 — 65 77 20 60 60 •37M 35 A 76 M 48 64 67 40M Edmonton 62 4Mb 1942 and 1967—.F&A Verdun deb 5s 1954 40 M 17 93 60 44 72 96 83 78 *48.-J&J A&O 4Ms 1941-1946 J&D 4Ms 1947-1956 J&D 15 25 29 29 f deb Jan 23 *69 J&T23 95 91 74 37 M Brit Col (Prov) 5s 5s Apr 25. 1954 97 87 76 44 37 A — 95 90 74 41 4Mb Jan 15. 1942...J&J 15 Deb 4 Ms 1956 A&O 4Ms Jan 15. 1957 J&J 4 Ms July 16. 1958 J&J 4Ms Apr 1, 1961——A&O 4 Ms June 1. 1967 J&D Debenture 4s 1954 -J&D 90 70 41 38 M 38M 38 M 37 M 37 M 37 M 68 65 72 69 72 M 90 A —J&J A&O 15 A&O 1950 Gold 5s 1959 6 9M 71M 85 5s 1950 & 1951 var 5s Jan 15 1970--—J&J14 "69" 80 M&S 94 96 May 15.1941-43.M&N 15 May 15.1944-57 .M&N 15 May 15.1958-68. M&N 15 5s 1940 & 1941 67 67 91 86 82 96 Hydro Elec Pow Com— 4Ms Jan 1. 1970...J&J 2 Ottawa City 5s *41 *45...J&J 68 Munic Imp '41-*50—J&J 5s July 1. 1941-1956—.J&J 4 Ms 1941 1944 J&J 4Mb 1943-1960 J&J Quebec (Province)— 8-yr 2 Ms 1944 M&N 15-yr 3s 1951 M&N 3 Ms 1949 J&J 3 Ms sf deb 1952 J&D 3Mss deb 1953... J&J 4Mb 1961 M&N 5 F 4Ms 1946. J&D 4Mb 1956 J&D 3s8erial July 15 1941-1959— Quebec City— 5s S F (non-call) 1960.M&N Saskatchewan (Province)— 5s 1943 (non-call). .J& D15 5s 1959 (non-call)....M&N 4Ms July 2 1945 J&J2 5s 13M 13M 14 — 97 M 77 90 95 Toronto 5s 1941-1950 A&O 5Ms 1952 Gold 5s 1948 --- ______ 9 53 — 38M f 35 1944.A&0 5s Nov 15 1941 M&N Refunding 5s 1943 A&O 5s May 1952 M&N Alberta (Prov of)— Gold 5 Ms 1947 J&J .—A&O / 14M 49 J&J / M&N / 34 ..F&A rlOl 54 Calgary 5s July 1,1945--. J&J X8 — 40 29 M&S 5s 1959- f f / / 35% Refunding 4Mb ______ Roumania Institute 7a 39 71 _J&J 71 30-yr 3s Nov 15 1968.M&N 65 A 14-yr 3Ms 1951 M&N 1st War Loan 3 Ms 1952F&A r 99 M 73 25-yr 3 Ms 1961 opt '56 J&J 66 % 15-yr 3 Ms, 1949A&O Refunding 4s 1945 A&O rl05M 68 M 20-yr 4s 1952— A&O 30-yr 4s 1960 A&O _ 7A 7A 6 20 18 14 - "44 A 37M 3s Jan 15 1967 15-yr 4 Ms 1940. 20 13M — 33" J&D J&D 1% notes 1941 1Mb 1942. 2s 6-year 1944 2 Ms Jan 15 1944 8-yr 2 As 1943 51 Jap Govt 1955---A&0 Ms 1952 (Rep)ext5Ms 53 J&D f 101 f 5s ser A 1963-M&N Oslo s f extl 4Ks Panama (City) 6 Salvador 7s 1957 Certificates 57 M 7 74 90 Debenture 3s 1950 Debenture 3s 1949 2s 1940 2 Ms 1944 14 A Dominion of Canada— , Baarbrucken (Olcy) Extl ■ f 6s 1953 56 (American Dollar Quotations) — 43 35 *&A Norway Municipalities Bank Guar ■ f 6s 1970 J&D 27^ Nuremburg extl 6s 1952. F&A Oldenburg (Free State) 7s 1945 / 14" s A&O 38 95 87 82 4s Nov 15 1957 46 sk fd 1956—-M&S Extl 30 CANADA 36 4Mb extl sk fd 1965— Sk fd ext] 4s 1963 Panama 29 80 M&N 1941 --- / 65 / 60 43 Oriental Devel—See M&S 81 76 M&N 4Mb Mar 14 Norway ext 6s 1943..--F&A External s f 6i 1944--F&A 4 Ms extl _ / 35 A&O 5Hsl950-_- 13 3M-4M-4 5-16% extl Oonv s f of '37 1978. J&D 4-4M-4M% extl readj s f bonds ofl937-78 F&A 3 Ms extl re-adj 1984—J&J Conversion scrip Venetian Prov Mtge Bank— 5 f 7s 1952 ser A A&O Vienna (C) extl 6s *52 M&N Warsaw (City) 7s 1958--F&A 4Mb assented 1958 F&A Warsaw (Land M Bk) 8s 1941 Westphalia—See Prov Bank Wurtemberg 7s to 1945.M&N Yokohama extl 6s 1961--J&D "TM 4s 45 external conversion 1979. ______ 1 40 52.J&D A.M&N / 40 Scrip.. Bank of Mtgei "bank of Denmark— Exch s f 5s 1972 ser IX J&D Municipal Bank— Hessen 7s to 1945 F&A National Bank of Panama— 4s ser A & B 1946-1947 4s ser C & D 1948-1949 New South Wales (Australia)5s extl s f 1957 F&A Extl s f 5s 1958—-~-A&0 Met Wat Serv & Dr Board Sf M / 4s F&A f 3%-4r4A % ($ bds of 1937) external readjust 1979 3M-4-4M% ($ bds of 1937) 4Mb 1943—■ Stamped assented Mexico (Republic)-5s extl loan of 1899 1945— 5b assented 1945. 4s 1904 assented 1954 4s 1910 assented 1945 6s 1913 assented 1933--- — Mtlan(ltaly)ext6Hs M-A&O Minas Geraes (State) Brazil 4s Net 84 77 1944 M&S 4Ms Jan 15. ^l^.-J&J 15 4 Ms Jan '15 *48-'57.J&J 15 4 Ms 1941-1970 M&N 15 6 F&A 33 81 4 Ms 4s Tolima (Dept of) 7s '47-M&N Uruguay 8s ext 1946 F&A 7 Extl s f 6s 1960 M&N Extl s f 6s 1964. M&N / 86 57 3M 3H J&D 5s of 1912-1952. Extlsf 5Ms 1961 20 5s 1959 10M Ask (Province)— Ontario (Prov) 6s *43—M&S15 5 Ms 1946 J&J Poland— f 7s 1958-. Sydney (City) N S W— 25-yr s f 5 Ha 1955 Tokyo (City of)— 14 20 f gtd Extl 6 Ms Extl 6 Ma (Prov) s 10 B...M&N ser Scotia Deb 5s I960 M&S Deb 4Ms Sept 15*52 M&S15 Deb 4Ms 1960. .M&N 15 20 To or Nova 9M 7M 6 4 Ms assented 1958 J&D S lies fan Landowners Assn— — Mexican Irrigation— s 1962 1st mtge s f 6s 1947 (Munic) (Colombia) Certificates of 6 H Extl 7s — - Maranhao (State) Brazil-— Ext s f 7s 1958----.-M&N / 7s extl Dec 1 8 A sec Mtge Institution Sink fund 7s 1945 J&D / 17 Sink fund 6Ma 1946—-J&D / 14 Coll s f 6s 1947 M&S / 14 lerbs Croats & Slov (King of) Extl 8s 1962 M&N / 10 13 ' s Ask Bid Bonds Net State 4axon 20 9M 15 Lower Aust (Prov)7hS 50J&D Luneberg (City) 7s 1948.M&N f Medellin 1952 M&N f 61*8 1957-M&N 15 6s 1943 M&N 4ao Paulo Brazil 8s Foreign Govts, and Cities (CimcM Lima Bid Bonds Net Ask To or To or Bid Yield Basis Yield Bais Yield Basis Bonds BONDS day of the month preceding the date of Issue to 1.90 % 2.10 2.25 1.50 1.60 2.10 b 0.40 b 1.15 b 1.50 less to 1 1.70 to 1.90 b 0.50 b 1.50 3s 1957 opt 1941-1943 3s 1957 opt 1945-1947 3 Ms 1955 opt 1946 4Ms 1954 opt 1944 Chicago Park District— 3 Ms 1956 opt 1946 4s 1955 opt 1940-'44 4s 1955 opt 1945-'47 4s 1955 opt 1948-'55 %" % 2.25 4 Ms 1954 Board of Education to 0.90 to % 1.75 % 1.60 1.10 1.55 - T> > Par b 1.35 ft, 1.90 to to to 1.15 % 1.75 % % 2.30 quotations for all MUNICIPAL AND STATE August, 1940] securities are as near as possible for the closing Yield Basis Yield Basis To or Bid Bonds Sanitary Henderson County— 1940-'44 — !945-"47 4s 1955 opt 194H-'54 2Mb construction ser I— 1941-1960 J&J Cook County— 0.30 4s 1956 opt 4s 1956 opt 4s 1956 opt Elgin San It D Evans ton S D 4Mb June 1 1941-1944 1945-1917 1948-1953- — 5s '41-'44. M&N La 2.25 to b 0.50 b 1.35 1.90 1945-1947 1948-1952 #8 1941-46.J&J b 1.25 Madlson(Kings H'way Bdg)— 4% revenue 1964.. J&D 102 M River Forest 8 D No 90— 4Mb 1941-1944 J&D b 1.25 Rockford S D No 205— 2.10s 1944-1958 F&A b 1.50 Rock Island (City of)— Bridge rev 4s 1964 F&A 101 1.75 to 2.15 to 2.75 1.80 1.60 5s 2.10 1.90 2.60 2.60 1.00 0.75 1947 Sewer b 1.00 Fort Wayne School Dlst— 5s Oct 1 1940-1943 0.30 to 2,.50 5s Gen Imp 1943-45 —.M&S 5s Water 1961 A&O 0.70 to 1.,15 2.40 5s 0.75 Indianapolis— 5 Mb Track Elev '41-47-J&J 4s Fire Dep J'ne 1 '41-J&J 1941-1955 J&J 1Ms refund Jan 1 1942-1981 Indianapolis S D— 4s Bldg Sept 1 1946—J&J 3 Mb July I 1941 J&J 4Mb So Bend £k* W W '43-M&N 5Ks 1941 M&S South Bend School City— 1941-1948.F&A 0.50 3.25 4s Mar I. 4s Refunding 2Mb 1940-'41-F&A 3r.»Uol9«M9« 2.10 4s Jan 1 103 6 0.50 to 2.15 3 to 0.75 6 0.50 to 1.10 6 1942-1956 3 M« Jan 1 3 Ms ser Q 2.00( to 4.00 % to 3.10 1.10 105 1957-1961 1943-1954---J&J J&J Ms ser Q 1955-1960 3 Ms 1941-1959 J&J Long Term Bonds— Refunding 3 Mb l942-'56-F&A Ref3 Ms 1957-1960 F&A 6 105 M 1.20 to 2.40 6 2.50 to 2.60 6 2.00 to 3.30 1.00 to 2.20 2.40 to 2.50 E 1944-55.. 6 1.30 "l.50" to3~.65 % to 2.00 5sseries K July % b 1.75 to 2.60 b 0.,50 5s 1951 % 6 2..25 0.75 % to 2.75 % to 6 0..75 to 1 20 6 1..50 less 1 4a 8ept 1 1945" -1 --M&S 6 1..50 Lee Co Prim Road 2 Ms. 1948 6 1.,80 6 0..75 less 1 less 5s 1972 less 1 6 1..40 1 M — Lafourche 3.25 Lyon Co 2Mb May 1 1941-47. 4Ms Water 1940-1944-A&G 6 0,,50 6 0..75 to Basin to . 6 3.30" "3*. 20 b 3.50 106 1.70 6 0..75 to 1.75 6 0..75 less M less 3.50 % to 1.00 105M Levee District— 104 3 Mb Ref 1940-1962—M&S 3 Ms July 1 1953-1968—' 105 4s July 1 1941-1952 b 1.00 to J&J 6 1.75 to 1.80 to 1.80 3.15 % to 3 .15 to 3-00 to 2.00 6 0.40 to 2.00 4 Ms 6 0.40 to 2.00 6 0.40 to 2.00 6 0.40 to Leavenworth— 1.90 to 1.75 to 1.75 % 6 0.10 to 0. 6 0.20 to 0. 6 0.20 to 1. % 3%00 2.75 2.00 to 2 6 0.50 % % % % to 2 6 0.25 to 2 6 0.30 6 to 2 0.30 to 0 % % % % 1 to 2 to 2 % —M&N 6 0.15 % M&S 6 0.20 2s 19 40-1958-A&O 6 0.25 % % % % 1Mb 1940-1946-. ——.F&A Ohicopee 1 Ms 1941-1959 M&N 6 0.25 6 0.35 to 2 to 1.50 0.40 to 2.75 0.50 to 2.50 0.20 to 1.90 Haverhill 1Mb 1941-1951 J&D Holyoke 4s 1940-1950—-A&O 0.40 to 1.90 0.25 to 2.25 I Ms Relief 1940-1948.-J&D to 1.20 2s G & E 1940-1947—A&O 0.25 Lawrence (wat h'way & b'dge) 2Mb 1940-1958 J&D 6 0.25 Lowell 2Mb 1941-1947 J&J 6 0.40 to % % % 1.80 % to 2.25 % % 2Mb 1942-1969 A&O 6 0.75 Lymfield Center Water Dist to 2.25 % to 2.75 % Ref 1Mb 1940-1949—M&N 6 0.20 105 to 1.90 -J&J 6 0.90 Lynn 4s Sewer 1941-56.-M&N 6 0.25 2s 1941-1969 M&S 6 0.25 Maiden 2Mb 1941-1958—F&A 6 0.25 2.60 % 3.40 % to 3.10 % to 2.25 Lunenburg Water District— 2s 1943-1967 1.75 to 3.10 108 2.40 2.50 3 Ms 1940-1942 tax-ex M&N 6 0.20 2s 1941-1953 F&A 6 0.20 Methuen (relief and sewer) — 2.25 % to 2.50 % to to 2.00 3.70 3.60 3.20 3.10 2.00 tol943 3.70 3.60 2 Ms 1910-1953 lMs 1941-1949 New Bedford 4s 1957 0.50 to 2.60 0.50 to 2.90 Tensas Basin Levee District— 5s Jan 1957 J&J 6 3.50 2Mb 1910-1947 to 3.00 0.50 3.40 M&N 6 0.25 A&O 6 0.25 J&J —A&O 6 0.50 Newton 2 Ms 1940-1969—A&O 6 0.25 lMs 1941-1955 -T&J 6 0.25 N th Adams 1Mb 1941-49M&N 0.25 to 0.75 to 2.00 to 2.25 6 0.40 to 1.90 5s 6 1.10 to 2.00 6 0.40 to 1.30 4s ft 0.75 4s Highw & Bdge *40-44 M&N ft 1.50 4s State Pier I94l-1942__M&S ft 0.75 3 Ms 1940-1951 M&S ft 0.75 2s Improve'mt 1910-56 —A&O ft 0.75 MAINE ft 0.75 Augusta 4s Oct 15 1940-1955- ft 0.75 KENTUCKY to 2.50 to 2.30 to 1.90 to 1.75 to 2.30 to 2.25 to 2.30 Bath 4s Ref 1941 101M 102 M 101M 102 M 102 M 102 M 101 X 101M 101M 102 M 102 M 102 M 102 M 2.00 tax-ex_J&D 6 2.50 Belfast 4 Ms Ref '40-'50 M&N 6 3.50 Brewer High Sch Dlst— 4Mb 1940-1945 Kennebec Water ^ M&N 6 1.00 District— to 3.00 to 1.75 to Portland— 4s O H '41-'45 tax ex A&O 5 0.75 Portland Bridge District— 3 Mb July 1. 1940-1947 3.60 6 3.70 6 3.75 3.50 6 3.75 6 3.00 3.50 2.30 6 4.00 3.75 3.50 § % 3.25 6 0.75 to 2.30 % to 2.20 % Portland Water District— 2.00 % 2.00 4s Funding 1948 J&D 6 2.25 2Mb Water May 1 1953 South 4s Portland 1940-1950 Sewer to 1.25 M&N 6 1.00 to to / Fiat price. f 0.25 to 2.00 0.20 to 1.00 2Mb Dec 1 1910-1955—J&D Quincy 2Ms 1941-47 A&O lMs 1941-1949 M&N Reading 1 Ms 1940-58 M&N15 Salem 1Mb 1941-1948—M&N 0.25 to 1.90 0.25 to 1.10 0.25 to 1.25 0.25 to 0.20 to 1.25 0.20 to 3 Ms School 1941-1954.J&J 6 0.25 2 Ms 1941-1969 J&J 6 0.25 lMs 1941-1955 —A&O 6 0.25 Springfield— 3 Mb Water 1940-1960-J&D 6 0.25 2s sewage dlsp 1940-68M&N 6 0.25 1 Ma Relief 1941-1946.A&0 6 0.20 to 2.25 to 1.90 Waltham 2s to 1.50 2.50 % 3.00 % to 2.80 % % % % % % % % % % % to 2s 1940-1949 M&S 2.00 1.35 Somer vllle— 1941-1948—J&D 6 0.50 2.25 % to 2.75 % to 2.15 to 1.10 1Mb relief 1940-48-..M&N 6 0.25 Wellesley (Town)— 2s H S 1941-1952 M&S 6 0.25 Winchester 3Ms 1941-46.J&J 6 0.25 Worcester (City)— 1Mb Funding 1941-58..J&J 6 0.25 2Mb Hospital 1941-49.J&J 6 0.20 to 1.25 to 1.50 to 1.25 to 2.25 to 1.15 Dist— Water vllle 4Mb 1940-50 6 2.00 Westbrook 4 Ms 1940-1948— 6 1.00 % 2.25 % to 1.50 Watertown— 102 M 6 3.80 % 2.10 4s Ref May 1. 1950—M&N 102 H 102 M 103 M Ashland— i i 3.25 % Old Town Water District— 4s July 1952-1958 J&J 101M % % 2°50 Northampton 1 Ms '41-59 F&A to 1.40 % % to 1.50 Pittsfleld 4s 1940-1944—J&D 6 0.40 6 0.40 % % Medford— J&J H'way & Bdge '41~'54-A&0 Sept 1. 1940-1953 M&S % % Framingham— 3.30 Red River A & B B District— 5s 1950 Series B A&O 5s Mar 1953 opt 1943-M&S to 1.40 % % % ♦ 2Mb 1941-1968—M 2 & N2 1941-1955 (tax-ex)-M&N to 3.30 to to 2.00 6 0.20 1Mb water 1940-58—M&N Orleans Parish Sch Board— 5s 1940-1944 ...J&D, b 1.00 5s 1945-1967 J&D b 2.00 5s 1965 Series D— F&A Shreveport— 5s Dec 1, 1940-1969 J&D 4Mb W W & Sew '41-*54J&J 4Mb May 2,1941-67.-M&N2 6 0.80 6 0.90 Braintree4s 1941-1941 J&J b 0.25 Brockton 1Mb 1941-'48-.A&0 6 0.20 4s to 5s July 1968 4Ms 1941-1953 1.75 % 0.85 % Fall River— 105M July 1941-1949 5s Oct 1952 A&O Pentchartraln District— 6s 1944 —..M&N to % ^ Plaquemine Parish E Bank— 6 1.75 6 0.20 Easthamptoa (hi'way & relief) 1Mb 1940-1948 M&N15 6 0.20 Everett I Ms 1940-1959-J&D 6 0.20 106 to Board of Education— 1..00 to 3 .25 to 2 Cambridge 105M 105 M J&J b 1.00 1950-1959 J&J b 3.00 4Mb Non-callable 1952 J&D b 3.20 6 0.30 M&N15 Is 1941-1949 2Mb 1940-1949 108 M&S b 1.50 4s Mar. 1 1942-1964 Orleans District— 5s July Soldiers' Compensation Bonds 6 Basis. 2,.25 to 2 3.70 Orleans M to 1.60 b A&O 5s 4Ms S I *42. '47 &'52..M&9 Bowling Green—5s 1955.J&J Covington 4Mb *40-'50—A&O 4Ms WW 1941-51 J&J 4s Fdg 1952 opt *42—F&A 4Mb School Jan 1 1941-69— 1..00 1..65 2M8 ser B 1941-62..J&J 6 0.25 2 Ms Dec 15 1940-1960— 6 0.20 2Mb Oct 1 1910-62—A&O 6 0.20 3.40 % 105 M 4s 1946-1956 KANSAS Bridge Revenue Refunding— Project No 2 July 1 '50 J&J Project No 3 July 1 '50 J&J Project No 9 July 1955 J&J Project No 8 July 1 1945..._ Project No 10 July 1 '50 J&J Project No 11 1952 Project No 12 1947 Project No 13 1953 Project No 141945 to 2..40 to 2, % 4 Ms serial gold 1940-45— b 0.50 to 1.75 b 1.75 to 2.90 4 Ms serial gold 1945-60 b 2.90 to 3.10 4 Ms serial gold 1961-80 104 M 4s Constitutional 1942-J&J' 103 X 107 4s Pub Impt '52 opt '42-J&Ji 108M to 2.00 Water 1941-1947.J&J Leavenworth Co 5s 1945 McPherson 4Mb 1945 Saline Co 4Mb 1945 Shawnee Co 4M» 1944 -— Topeka 4Mb 1948--.-.. 5Ms Jan 1 1941 —J&J Topeka S D 4M® Mar 1 '41-'46 Wichita 4Mb 1941-1946-J&D Sch Dist ref 4Mb '41-48F&A 1MB 1945-59 J&D Wyandotte County— 4 Ms 1941-1945... J&J 2. 10 to 0. 90 to 6 0.25 3.25 % Levee— 1942—J&D A&O M% 1940-43 2Mb 1941-1968 J&D 2 Ms Sept 1 1940-1956-M&S 1MB 1940-1959 J&D 1Mb 1941*1970—. J&J Metropolitan District— 2Mb ser A 194l-,58.M&S 101 b 3.35 A&O b 3.30 4Mb 1941-1966 to 2.00 4Mb to 2..40 4s Tunnel & Sub 1948 J&D 4s relief 1940rl953 J&D 6 0.50 2.25 Public Belt Bridge Rev— 4s 1940-1945 A&O 1.50 to 6 0..75 F&A 1941-1953—-J&J Dlst4 Mb194 1'54J&J 2. 10 1.10 Arlington 4s'41-'42 (tax ex) J&J Beverley 1 Ms 1941-1948-A&0 Boston 4Mb Sept.l 1981-M&S 4Mb Tun 1960 tax-ex A&O Levee— Lake Borgne Dlst 5s Dec 1952 opt 1.70 2Mb 1941-1956 J&J 6 0..50 Sioux City S D 5s 1941—J&J 6 0..50 Woodb'y Co Fund 2Ms'42-'46 6 0..75 Sch 100 b 3.60 opt '62---— 5s 1956-1970 Marshalltown F&A 4Mb Wat & Light 1944.J&J 4Mb Imp July H *49 J&J 2 Ms Ref 1951-1960—A&O 2.20 1941-58.J&J July 1944--.-M&S Metropolitan Water Loan— 2s reg 1944-68 J&J 1Mb 1945-1969 .T&J 1 Hurricane & Flood Damage— New Orleans—Public Belt— Des Moines Ind S D— 4s. 1953-1954 Kansas City 5s 1942 M&S MASSACHUSETTS 2.00 J&J opt 1941 1940 J&J 1942 J&J 5s Oct 15, 1962 op '52-A&0 5s Oct 15,1963 op'53A&015 5s 1969 opt 1959—F&A 15 to 6 0..75 J&J 1..90 3 Mb gold Caddo District Levee— to 0.75 1941-1952 1..70 1 .85 2.00 ..M&S 1961 1945-1971 4s Water registd — ho less 4Mb. 1.75 2.00 to 2.85 15,1945-48. 6 1.50 to 2.25 i 2.10 to 2.35 1,1947-49 2.50 4s ser 8 1941-1957 J&J 0 1.25 to 3.15 4s ser V 1943-1955 J&J b 1.75 to 3.15 3 Ma series S 1958-1960-J&J 6 3.10 to 3.15 1.75 to 3.25 % 3.00 3 Ms ser V 1959-1961---J&J 6 3.05 3-3 Ms June 15 1943-1962. 6100M tol02M 1.00 to 2.50 2.25 State Pension 5s June 1. 1948. 6 2.30 2.40 T.bo" to 2". 90 % Capital Bldg 4Mb Aug 15. '52 6 2.50 99 0.40 % to Charity Hospital at N O— 104 106 3.85s 1942-1968F&A 2.40 Atchafalaya Levee Dist— 1.00 5s Sept 1940-1972 M&S 6 1.00 to 3.60 2.25 Baton Rouge—5s '41-54 M&S 6 1.00 to 2.80 108 106 1.75 Bossier Dlst Levee 5s '54-A&0 1.50 6 0..50 Sac Co 2Mb May 1 1941-1947Sioux City 6s '40-'45 .F&A15 6s Ref Aug 15 1940-F&A15 4Mb Sewer 1941-47—M&N to 2. 20 1.50 b 0..75 M&S 2..40 0.25" 1.20 Regts'd stk 1943-57 M&N 0.25 4s 1910-1944 A&O 2.10 4s 1956-1975 M&S 3 Ms March 1945 1.10 M&S 1.75 3 Mb Refunding 1952 J&J 2.40 3 Ms Sewage Impt '80-A&O 1.25 Oumber'd 4Mb W W *41.A&O Hagerstown— 0.50 5s Water 1910-1987—A&O 0.50 4 Mb 1940-1987 —A&O Montgomery Co— 4Mb 1941-1968 M&N 6 1.10 Washington Sub Sao Dlst— 2.90 3 Ms Wat & Sewer '87.M&N 3.00 4 Ms Sewer 1973 opt '53 _J&J 2.70 5s 1969 opt 1949 Short Tdrm Bonds- IOWA 4Ms Sept 1 1945 2.50 registered 3.50 LOUISIANA 104 5s 1950 opt 5s 1952 opt 1910-1942 J&D Cedar Rapids 4 Ms'49-*53M&N Clinton Co 2 Ms 1942. _M&N Davenport Indep Sch Dlst— 4Mb 1940-1941 M&N Des Moines 5s 1941-57—J&J 4MB W W 1941-1942-.J&D 1941-1991- 3.50 Fifth District Levee— 4Mb — 1946— M&S 4Ms Mar I. l941-'55—M&* U Aug 1, 1951 F&A 4s Annex 1954 -...J&D 4s Pirks 1955 M&N 5s series F Mar - Gary Sch City 4Mb Oct 1943— Hamraon (City)— 4s O H 1942-1956—J&J30 Impt 1..00 A&O Baltimore Port Commission Refunding Elkhart 4 Mb WW '41-75 A&O Evansville 4s ref 1942 J&J Fort Wayne 4Mb '40-'57-A&0 to 1 .50 4s to 2.00 50 1 .50 1.20 3.70 Sewer—.—J&D 1941-1953 • to 2.40 6 3.60 1Mb w w 1940-1970—A&O Warren Co 4Mb 1941-'59-J&J 6 3.60 INDIANA 4Mb 2.40 Paducah—- 3.10 to 2.50 to (Village) 2Mb Dec 1.1911-1958 to 1,.50 2.40 „ Winnetka 0.50 2.40 Owens bo ro 5s to 2.50 to to 1..50 2.60 Hospital Ms F&A 4s Lou W Co 1950—F&A 4s 8ewor 1965 F&A 4s Jan 1 1970--——-J&J 3 Ms Ref 1943 J&J 3s Sew & Park 1941---J&J Grange (Village of)— 3s Water rev 1942-68--M&S b 2.00 Lake Co 5s Road *40-'49.F&A b 1.00 to 1..50 0.70 2.60 to b 1.75 0.25 2.40 to 1.15 5 1.90 J&D 0.25 2.60 to 1.75 b 1.35 F15&A % 2.00 to 1.25 b 0.50 2s to 3.10 1951—M&S 4Mb Ref 1965 —J&D 4Ms Jan 1 1970 f&J 4 Ms Sewer 1969 J&A 4 1.75 to 2.20 b 1.00 to 1..50 2.20 to b 0.75 to 1 0.25 0.25 6 0.75 Louisville b 0.25 2MB 1940-1951 A&O 2 Ms June & Aug 15 '40- 52 1MB 1911-1953 F&A 15 lMs 194,3-1955 F15&A 1MB 1942-1954 F&A 15 Annapolis 4Mb W W '42.A&O 101 % to 1.15 Ask MARYLAND Certificates of Indebtedness— 3s 1911-1950 A&O to 2.70 1941-1963—---—J&J Bid Bonds City Hall 5s 1941-'55-F&A 6 2.60 5s Sch 1962—A&O 2.35 6 0.50 100 or Net 6 0.65 4s 4s 1941-1948 Granite City 4^s 1941-48 Jackson Co 4 to No 76— Forest Preserve— 4s 1956 opt 1941-1944 4s 1956 opt 4s 1956 opt to 1.75 1.90 Ask _ 4Mb R&B Oct 1'40 *66 A&O Lexington— Pub Wks Nat Recovery to 1.15 1.35 Yield Basis To or Bid Bonds Net Ask District— 4s 1955 opt 4s 1955 opt 95 BONDS day of the month preceding the date of Issue MICHIGAN 5Ms July 15 1941 .J&J 15 5Ms Oct 15 1941 A&O 15 4 Ms Highway 1943 F&A 4Mb Highway Impt 1944 A&O 4s Highway Impt 1942..A&O 6 0.20 less 6 0.25 less 6 0.60 less 6 0.80 less 6 0.40 less M M M M M « STATE 96 AND Quotations for all securities are as near as MUNICIPAL Yteld Basis Yield Basis To or Bid Bonds Ann Arbor— W W ref 4 Ms 1941-1948 3Ks J&J 6 0.75 1944-1946 b 1.15 tic Battle Oreek- Ask 6 0.75 less F&A 6 1.00 6Ms w w K 6 1.00 to 2.50 ' 101 101 K ~I02H 6 0.25 less 1 3.30 2.75 less 1 2.80 4Mb— -------- lesslM lesslM .—— 4Hs———-4Mb— 2.85 2.70 % 1.60 1.60 0.30 to 1.65 to 0.30 tob".90 0.80 to 2.25 0.40 0.40 0.40 to 1.85 4 Ha Court h'se ,41-,52 J&J to 2.70 0.25 to 2.50 8Kb Oct 1940-59 — 6 0.50 General 8s Oct 11959-62— 6 3.15 Water 2M> Oct 1 1940-62— 6 0.25 to 3.20 to 2.50 % less 1 3.15 to 3.25 3.05 to 2.60 6 1.00 6 1.00 2.90 to 3.05 to 3.25 6 3.00 3.20 6 1.00 to 6 3.25 less 6 1.00 6 3.10 1.50 to 1.60 to 1.85 1.80 to 0.50 1.75 to 0.40 to 3.15 1 to J&J J&J ...J&J 4Kb 1941-1950 4 Ha 1941-1950 4 Ha 1946 to2.30 5s 1941 3.00 3.00 to 2.10 to to to 2.40 6 1.00 to 1.50 2.50 ,1.00 J2.40 to 2.25 % 3.00 to 1.50 6 1.00 to 1.75 less 0.75 less 0.50 2 Ma School 1941-1969.M&8 Bogota 4Mb 1941-1946—J&D Bound Brook4 Ms '41-'42 J&D b 0.50 Bridge ton (City;— to 2.70 to 2.60 to 2.50 ^4 Ma 1940-1958 to 2.00 to 1.90 to 1.25 0.30 to 0.30 to 1.60 4Mb Sanitarium *4l-'42 J&J 6 0.50 4ns Hospital 1941.-M&N 6 0.50 less less 0.30 to 1.70 0.30 to 1.75 1.75 5s 1941.1943.1945. F&A 1.65 to 1.75 0.40 to 1.85 M&N 0.40 to 0.75 J&J 15 0.60 1 70s 1941-^949 -J&J Ramsey Counts — IKs 1941-1950 F&A IK Mar 1 1941-1949—M&a 2Kb 1941-1947 F&A 4Kb 1941-1950 F&A 4Kb Rd & Bdge *41 -'44M&N 4Kb Rd & Bdge *41-'43 J&D St Paul— 6s school July 11951—J&J 4Ms W W 1941-1942—A&O 5s School July 1 1951—J&J 5s Gen'1 impt 1941-62—J&J 4 He Sewer July 1 1943.J&J 4Kb 1941-1959— -J&J 1941-1961 —-A&O 2.60s 1941-1957——J&D 4s 0.50 to 1.85 Essex County— 4 Ms 1941-1960 4s Hosmial 1946— less less to 2.50 to 2.40 to 1 .60 % •50 % to 1.80 M0 J&J to NEW to 1.60 to 1.00 to 1.90 to 2.00, 6 1.00 to 2.25'% 6 2.35 2.25 J&J 6 0.50 6 0.40 6 0.25 0.80 % to 1.10 % 6 0.20 % to P ar to 2.15 % to to Manchester— 4s impt to 2.40' less 6 0.20 to 2.20 to 2.40 J&J 6 0.25 to 2.30 to 3.00 1.00 less 0.50 0.50 to 2.90 NEW JERSEY Bridge bonds— 4M« series E Jan 1941..... to 2.90 Road Bonds— 0.50 to 2.50 Ms series F Jan 1941 4Ms series G July 1941.... 4s series H July 1942...— 4s series 1 July 1943....... 4M*series A of '27 July 1944 4s ser B of '27 July 1950— Soldiers Bonus 5s July 1941.. Highway Extension— 4 Ms F ot '20 Jan '55 opt '40 4Mb A of *24 Jan '55 opt '40 4Mb B of '24 Juiy '55 opt '40 4Kb O of '24 Juiy '66 opt '41 4Hs ser B of '30 Juiy '4l-'67 3 Ms ser O of'30 Nov '40-'69 Institutional Construction— 3H> ser A Juiy 1941-1966— 4H> series B July 1941-1967 4s series C April 1941-1969. 2H*seriesD May 1941-1970 N. J. Emergency Relief— 3 Ms Jan 1941 5s May 1941 • Nov 1940 to 1941.— Mar 1941 to 1942 H to 2.70 107 M&N 6 0.50 M&N 6 0.75 to 2.80 to 2.85 to 2.85 to 2.85 to 1.75 Mississippi Levee District— 6s May 2 1944 M&N 1.50 2.80 —J&J Vicksburg— 6b Pub Imp 1940-1948-F&A 6 0.50 Yazoo-Miss Delta Levee Dist-| 6s 1940-1964 —M&N 6 0.50 4Kb July 1949 J&Jl n to 2.60 to 2.80 Nominal. % *8: % 85 to 85 to 1.60 % 1.75 to 3.60 4.50 to 3.60 to 4H» 1941-19/8 4s M&N 15 6 1.25 js Park 1954 & 69.M&N 6 3.10 2Mb Apr 1 1941-19596 1.25 2.65s 1941-1970—.M&N 6 1.25 to 3.00 Hunterdon County— 4»» Road & bldg '41-'46J&J 6 0.80 to 1.75 ... to 3.25 to i 2.75 % ■ 3.25 Irving ton 5s School 1963. J&D 4ns 1940-1959 -J&D 6 0.25 to 3.10 % 6ns 1942-1953.. ..A&U 6s 1940-1969 A&O 4Ms School 1940-1958.J&1> 4ns School 1946 J&J v>ater 1961. A&u 4MB 1941-1967 J&D 6 2.50 6 0.75 to 4.25 6 1.25 to 4.50 % to 4.25 % 3.50 6 to 4.25 4s % 4.00 1.35 % Refunding 1949-—F&A 3.90 4s July l 1941-1953 6 1.35 Gen ref 3Ks '4l-'54—F&A 6 2.00 3Ms, 1941-1956 J&D 6 1.50 Keansburg 5ns 1941-69.M&N 6 98 to4"00 to % 3.90 % 3.75 % to 87 to Kearney— 4ns Water 1941-'70-J&Dl6 6 0.75 4Ms Sch impt '41-'52.J&D 6 0.75 J&D 6 0.60 to to 3.25 2.75 to 3.50 to to 2.50 76 2.75 "97H to 2.60 % Middlesex (Borough)— 0.25 0.25 0.30 0.60 0.75 0.90 1.65 0.30 0.25 0.25 0.25 0.30 6 0.40 6 0.25 2.40 to 2.50 to 3Ms 1941 to 1967 J&J 6 1.50 aImp3s Nov 15 1940-1948.. m 4 to 1.-60 to 2.50 too to to .... 1 0.50 1%40 to 3.00 to M&S Linden 2M» 1940-1956...J&D 6 0-60 Dodi 6s 1941-1947 J&J 6 0.85 Dong Branch 5s 1943..—M&N Lyndhurst 4-5Ms "94"' Mapiewood (Township;— 4s 1941-1967 J&D16 6 0.50 to 0.75 less 3.00 (Township)— ,5n« 1940-1970-. 1940-1951—-A&O 3s H S 1941-1956 1 2.50' to % I Hudson County— ~ Nashua— 2.75 0.50 2.60 to to to 0.60 3Hs Bridge 1940-1956.F&A 6 0.20 to 1.30 6 0.60 2.75 3.00 2.25 to 3.25 to 1.25 to 3ns sewer 1941-1978—J&D 6 1.00 Ho bo ken 5s 1941-1954—J&J 6 2.00 1.20 % 0.75 % to to 2.05 to 1.25 to .J&J Jersey City— 6 0.15 6 0.15 0.50 0.50 to 6 0.50 HAMPSHIRE 2Mb Sewer 1940-1956-M&N 6 0.15 4Mb USD 1940-1965.J&D 6 0.15 Keene 4 M s 1940-194 2. . .M&N 6 0.15 0.50 6 0.75 6 0.90 6 0.50 6 0.75 F&A „3s 1940-1966— to 2.60 to 2.10 to 1.60 3.00 2.75 4 Ms Bldg&Rd *41-'45 J&D20 6 0.50 F&A 4Mb Imp 1941-1942...JdcJ 6 1.40 6s 1941-1964 F&A 6 1.75 Hamilton 2.80 % to 1.90 0.20 to 1.75 3.75 3.50 1.50 % M&N 4s July 1941-1948 .....J&J 4n> Highway 1940-1943.J&D 3Hs Refunding 1942-1944 J&J lKs Highway 1941-1946 M&S lMs July 1 1941-1955 J&J to 1.60 4Hs School .House 1941 J&J 2.10 % 2.00 % to 2 3.25 to 4 Ms Mun Bldg to 2.30 ------- /Flat price. to 6 0.75 4ns 1941-1955—— 2.60 Meridian— 6s July 11963 6 0.50 0.60 % 4 Ms May 1 1955 York Scnool District— to 2.45 to to 6 0.25 M&S 15 6 0.40 Falrview 5s 1944.. , to 1.80 6 0.75 6 0.75 „ % 6s 1948 J&D 6 2.25 Omaha School District— M % 115H HacK.enattck.4ns 1942 to 2.50 0.50 100 105 Greenville 5s fund *43-'50 F&A 6 1.75 Jackson 6 Kb 1941-1954.A&O 6 0.50 6 0.50 4Kb Jan 1 1941-1952 6 Basis. NEBRASKA M&N 3.60 Glen Ridge— 4ns Wat wks Dec 15 '41 J&J 6 0.75 4Kb May 1 1956 M&N 6 2.35 1 6 0.60 114 % Beatrice S D 6a 1941-54..F&A 6 0.60 0.50 MISSISSIPI Impt 1941-1946 JM&S 6 0.50 6 0.50 May 1 1941-1950 Impt 1953 —J&J Flood 1941-1953—.A&O 6 "0.50 3 Ks Highway 1950-1959.F&A 105 Biloxi 5Ks 1941-1943—-A&O 4Kb 1940-1952. Jones Co 5s 1941-1942 to 2.25 to 3.60 to82 1940-70 F&A 6 0.60 Gloucester City— 4.00 4Mb 1941 1966 j&D 6 87 5M« Water 1941-1963.M&8 6 87 2.50 % Gloucester Co— to 2 3.25 to 98 to Essex Fells (Boro)— 5s July 28 1941-1960..—. 6 0.75 3.50 to to 3.25 6 95 0.50 to 2.40 to b 1.90 „ Concord— 5Ms 4Ks 4Hs 4Ms Callable bonds Non-callable bonds to 2.25 —.J&J b 0.90 1944-1968 _ to 1.75 North Platte Sch Dist— 4Kb 1941-1959 Omaha— 1946. 1947, *48, '49, *50—-J&D & 0.50 4Kb 1941-1952 —A&O 6 0.50 4s 1944— ..A&O 6 1.50 3Ks 1941 M&N 6 0.50 3s 1941-1959 -A&O & 0.50 2.60s 1941-1966 A&u 0.50 2Kb 1941-1967M&S 0.50 2.308 1940-1947 M&S 0.50 2.30s 1941-1960J&J 0.45 2Ks 1941-1958 M&N 0.50 2 208 1942-1959 J&O 0.50 2.10s 1941-1950— F&A 0.35 2s 1941-1946 A&O 0.50 1.90s Oct 1 1941-1946-A&O 0.50 1.80s 1941-1943 F&A 0.50 1kb 1944-1948 F&A 1.10 to 98 Delaware River Joint Com. Phila-Camden Bridge— 4Mb 1940-1945 —M&S 4Mb 1946-1973——.M&S East Orange— 4 Ms 1941-1969 J&D 5s Sewer 1941-1960——J&J School 1940-1974 A&O Elizabeth— 2Mb 1941-1978 M&S 4K» 1941-1957 .A&U 5ns Dec 1 1940 1946.J&D 6s 1941-1972. .—.J&J Engiewood 6sl941-1944-A&0 to 1.85 4ns School 1941-1944 Minneapolis— 2.90 ^ns^dchool 1941-1951.M&S to 1.80 0.30 1.60 M&N 4M» 1941-1953 McOook County— H M to 4.50 4s 1.80 Lincoln School District— Hennepin County— 1.50 1.00 2.00 Oamden County— 4 Ms 1941-1970 to 2.15 to 2.15 F&A M&N 4s 1941-1951 M&N 3s School 1941-1954.—F&A 2s Feb 11958-1959 F&A Public Bldg & Impt— 3 Ks 1941-55 A&O 2Hs 1951-56 M&N to 1.50 b 0.75 ..... 0.40 to98M to 2.50 5Hs 1940-1961 ...F&A 4Mb Water 41 to '60.M&N 4M» 1942-1969 J&J 4s 1945-1970 to 1.90 Joseph 4Kb 1941-45—M&S Refunding 4Kb Mayl 1951 to 3.00 J&D Camden— to 1.90 Douglas County— 6b Highway 1940-46 A&O 6 0.25 Holdrege S D 5s 1941-52. J&D 6 0.90 to 2.00 0.50 2.25 99 Bloomfleld4Ms 1940-69J&D15 to 2.30 „ % H H to to 2.25 to 2.80 to 2.15 less to 1.90 to99H to to 1.00 2%00 0.50 3.75 3.75 to 2.90 Great Falls— 1.85s Rural Credit ctfs 1941— 6 2s Rural Credit ctfs 1942 6 Duluoh 4Hs 1941-1947—J&J 6 4s 1941-1946. J&J 6 to to 3.00 0.40 4M* Wat & Sew '41-'50.J&J 6 1.25 to to 4.00 0.25 I MINNESOTA 8Mb July 16 1943 J&J 6 1.00 2M trunkh'way'47-51—M&N 6 1.50 3.65 0.25 0.35 0.50 0.50 Pontiac— — to to 2.90 0.25 0.40 Refund 4-4 Ms 1964 opt 1937 100H MONTANA 4Kb school June 1 1955 3.50 Port Huron 4Kb 1942 1.25 Funding bonds—■ 4s opt '44. 1941-1953— J&J 6 1.25 Saginaw 4M* 1940-1949—F& A 6 0.75 to 2.00 Highway debentures— 4Kb Sewer 1941-1951.J&D 6 0.75 to 2.10 4Kb Dec 31 1940Wayne County— Daniels Co 5Ks 1940....J&J Covert roads 6 1.00 to 2.50 6s 1941 opt 1940 J&J 4Ks Airport April 11948 75 99 1940-1942.J&D 1.40 Springfield 4 Hs 41-'49 University City— 4Hs 1941-1943 4Kb 1942-1949 to 1.75 6 0.75 73H SMs Dec 1 0.40 2s 1954-58 6 1.00 81H 5Ms Dec 15 1910-60.J&D 15 6s Dec 15 1940-1955. J&D15 ....J&J 4Hs 1941-1953 4Kb 1941-1948 1.50 80H Bergen Co— St Louis— to 2.00 6 1.00 „ to 1.45 to to 2.55 J&J „ b 0.40 6 0.50 to 2.90 J&J St % to 0.75 to 2.25 3Hs 1941-1951 3.50 to 0.60 „ 3.00 Net to 0.60 b 0.30 97 n t. Water 3-4HS Jan 1973— Atlantic County— 4Ms Bridge 1941-1957-A&0 b 1.50 Audubon (Boro)— 6s July 1 1941-1944 1.25 S D 4Ha 1941-1955—.M&8 1.00 Bayonne 5s 1941-1949— .J&J 2.00 4Hs 1940-1955— F&A 1.00 1.00 4 Ms School 1940-1966.F&A Belleville> 5s 1940 & '44.M&N 0.75 3s Refunding '41-'60-M&N 1.00 Belleville S D 5s '40-'44 M&N 0.75 1.85 2Mb 1945-1955— to Grand Rapids— 6 1.00 6 0.90 b 0.30 b 0.25 Asbury Park (City)— Refunding 4a 1966 Atlantic City— 2M-4Ms Jan 1973 to 1.85 Ask Emergency—-Concluded _ "0.40 to2~30 4Kb Various May 9 '41-72 6 0.40 4Hs Jan & July 1942...J&J 4M« 1941-1955 A&O 0.40 4 H« Airport 1941-54—A&O 0.40 4s Airport 1941-1971—M&S 0.40 3 Ms 1941-1974 J&J 0.40 3HS 1941-1974. F&A 0.40 3Ks 1940-1955— —A&O 0.40 3s 1941-1957 J&J 0.40 3s 1954-1975 —M&S 2.30 2K« 1958-1975 J&J 2.30 2Hs 1956-1975.... A&O 2.20 Kansas City S D— 4s 1941-1951 J&J 0.40 6 3.10 6 1.00 6 1.00 Flint Union School Dist—• 5s 1941-1954 M&S 6 1.00 Sept 11941-1945— -M&S 0.75 Bid 3 M» May 1941 to 1942—. 2H Jan 1941 to 1943. Ed Aid 4 Ms ser A Jan 1941-42 Unemployment Relief— lMs ser A 1942-1949, opt 1942 .......J&D 1 Ms ser B 1943-1950, opt 1943 M&N to 1.20 Kansas City— 1 less Grand Rapids School Dist— 4Kb 1940-1943 M&S Highland Park— 4Ks April 15 1957 5ks May 1 1941——— 4n> School Nov 11954 Jackson 4 Ms 1941-47—A&016 4Hs July 15 1955 Jackson Union S D— 4Kb 1941-1945 M&N Lansing 4Kb 1941-1946—J&D Muskegon 4Mb 1941-44--J&J Muskegon S D 5s 1942---July 1944-1948 Jopiln (School District)— _4Hs 1943-1948 2.50 0.25 Street railway 4Hs——— 3.00 Refunding 3 Ha '67-'62 J&D 6 320 Refunding 4s '41-'56—J&D 6 0.50 General & Street RaUway— 3s 1948-1952 M&N 1948-1952 J&J 4 Ms Road 1941-1942 3s Road 1953-1957 J&D Building 1941---—...J&J 3s State Bldg 1941-1944.F&A Buchanan CountyRet 3s 1943-1956 J&J Jackson County— 4s 1941-1961 J&J 4M« 1941-1950——J&J 4 Ha 1941-1950 —J&J16 4Kb 1949 J&D 4Ms Road 1941-1952--J&J Road 2.50 Refunding Water series D—3 Ma Oct 1 1951-1961 3 Ms Oct 1 194J-1950—— 3 Ms Oct 1 1948-1950— 4s July 1 1941-1947 Refunding 2 Ms 1951-63 J&J Rounding 3 H* 1941-60 J&J Refunding 4s 1941-60-M&N 4s Jan 1 1941-1953——J&J Kefag Shs 1961-62.-M&N Rfdg3Ms 1941-1952. J&J 15 Rfdg 3 M s 1953-1962. J&J 15 3 Ms Jan 1 1953-1963—J&J Flint 4Hs 1941-1954.M&S 15 5s (Mar 1 & Apr 1) '41-*50— to 4s Nov 1 4H* Sewer '46-'61-'56.A&0 6 2.00 to 2.75 Detroit— 101H General 8 Mb callable (Long) 100M 6s non-callable— Water 0.70 3Ms Dearborn— 4 Ms. M&S A&O 4s to 2.00 1940-1951—MAS to 1.75 To or Bonds Net N. J. 1.60 0.70 4s 1943-1947 1.5J M&N 4Ms Sewer 1940 Ask MISSOURI 4Mb Road 1948-1950—M&S 4Ks 1943-1946 —M&S Battle OreekS 4>is 1941-1949 Bay City-— Bid Yield Basis To or Bonds Net to 1.75 | to BONDS possible for the closing day of the month preceding the date of issue 6 0.50 Middlesex County— 4n« Rood 1941-1944..F&A 6 0.75 Monmouth County— 4Hs Mar 15 '41-'50—M&S 6 0.90 4Mb Rd & bag '40-61F&A16 6 0.50 Monw: lair 4H* Sch 1941.A&U 4ns High sch bldg '44. J&D 2MB May 16 1941-1970 6 0.75 Morris County— 4Hs 1942 opt 1922 J&J 3 Ms 1941-1949. .J&D16 6 0.50 to 99 to to to to 1.50 2.50 3.25 3.25 0.75 25 to 2.75 to 4Hs 1941-1942 4s 1941-1969 J&D 6 1.00 to 1.50 ..M&N 6 1.00 to 3.75 Neptune 4Kb 1941-1955-F&A \\ o r 6 1.00 to 3.50 lr M&S 6 1.25 5Hs Oct 15 '40 to'59 A&016 6 0.75 to to 2.50 Wo 58 1941-1958 J&J 6 0.90 to 4.00 to 2.50 % 4Hs 1940-1983 F&A 6 0.50 4KB School Dec 1 '46—J&D to 4.00 0.30 6 0.30 6 0.30 % 1.25 2.25 % Morris town— o 6 0.40 6 0.40 % K* 4s Sch house 1969 opt 1949 4s Pas Valsew'61 op 61J&D to 2.40|% to 2.40.% 0.30 6 0.25 to 0.45 6 0.30 to 0.60 6s 1941-1972 4.25 to 4.00 0 .00 3.50 3.50 4s 1941-1970 J&D 6 0.70 3Hs Track elev 1954.. F&A to Par 3 Ms 1941-1966 to 3.50 M&N 6 1.00 2Mb Jan t6 1941-1976..J&J 6 1.25 3.40 to 3.251 August, 1940] STATE AND MUNICIPAL Quotations for all securities are as near as possible for To or Ask Bid New Brunswick— Refunding 4s to 3.25 4-00 to 0.75 1.50 to 1.25 to 3.25 % % 3.25 to 4.75 yo % 1.25 to 3.75|% to 3.40 % 1.25 m&n f&a Rahway— Sea Isle m&n City 5« 1942....f&a County— a&o Summit/— 1.75 % to b 0.90 to 3.25 b 0.50 to 3.40; ~ b 0.50 to 3.40 % i 4s Impt 1941-1955—m&n|& 0.90 Tenafly 4%s 1941-1963-f&a'b 0.50 Trenton— i 6Kb 1941-1951 a&o 1.40 0.90 3-25 % 1.75 to to to 3.25 to % % to 3.75 1.40 to 3.75 1.40 to 3.50 1.40 '41-68 f&a m&n to % 3.75 % 1.40 a&o 2 K s gen fd & ref 2 Kb 1941-1954 to 3.75 1.40 f&a f&a 3s 1941-1970 1.40 Union City 4kb 1940-'64.j&d Union County— 4%s Oct 15 1940-1952 1.40 to 0.40 0.10 to 1.10 0.10 to 0.60 0.80 to 0.95 0.75 to 1.00 b 2.50 2.30 b 0.35 0.20 b 0.25 to 2.00 6 0.20 to 2.40 6 0.25 to 2.35 6 0.30 to 2.30 6 0.30 to 2.30 6 0.20 to 2.10 6 0-20 4s to 1.85 6 0.25 j&d 15 m&n to 1.80 to 1.50 0.75 2.00 j&j 6 0.40 0.20 2.70 to 2-65 to 2.50 0.20 to 1.70 0.40 to 2.30 0.40 to 1.50 0.20 to 2.35 0.30 to 1.90 0.40 |to 2.45 — j&j 6 0.30 1941-1959 to 2.75 to 4-00 6 0.40 ,to 2.90 3 s serial 1941-1969 3s serial 1940-1973 3s corp stock Feb 1 to 2-90 a&o 6 0.25 6 0.25 to 2 .10 6 0.25 to 1.75 to 1.75 Dutchess co— 4sOct 1 1942 .25 Union Township Sch Dist— 4Kb 1941-1968 j&j Vineland (Boro)— 6Kb 1941-1950 m&s 1941-1946 1947-1954... East chesty— 4Kb 1941-1958 1.50 to to 2.75 4Kb 2.90 to 4-00 1.75 to to 3.40 0.75 f&a 6 0.30 to 2.60 March j&d 6 0.40 m&s 6 1.80 1 1941-1947.. 1.90s Feb 15 1941-50..f&a Essex Co 4s 1910-1956—.m&s Free port— 4.20s 1940-1945 m&n 4.20s sewer 1946-1960.m&n 4KB 1941-1951 —m&n 4.40s 1941-1950 m&n 97 0.50 1941-1959. 4s 1945-1953 1.75 to 1.40 4%s Water 1940-1945.a&o 6 0.20 Erie County— 100 0.90 3%s 1941-1951 opt '40. a&o 3Kb 1941-1979 -j&j Westfield— 5s June 15 1941-1960..j&d 4Kb 1941-1966 a&o m&s 6 0.25 m&s 6 1.60 to 1.80 Elmira— Weehawken— to 3.10 West New York— 4kb Oct 1 1940-1968.-a&o 99 1.50 to 5s School 1941-1961. _m&n 2.00 to 4-50 v\ est Orange— i Gen ref 3 K® 1941-9959 a&o 6 1.25 to 3.50 Garden City 4%s 1941-52.j&j Greenburgh 6 0.30 to 1.00 to 2.80 to 2.40 to 2.00 6 0.30 to 2.00 6 0.20 to 1.90 6 0.50 6 2.40 to 2.60 to 3.25 6 0.60 to 3.00 b 0.80 to b 0.25 ^ 1.50 to 3.75 nempstead(t)4hs'41-59 a&o 1.25 to 3.70 2.00 2.25 Hempstead 4%s 1940-65 m&s 0.75 to 3.50 0.75 to 3.25 0.75 to 3.50 2.30s 1941-1967 j&j Hempstead Un f s d No 1— 6s 1941-1954 m&s Hornell 4Kb 1940-1947..f&a Hudson Riv Regulating Dist— 2.25 Albuquerque— 5s Water 4Kb 1941-1950 4%s 1941-1950 Middle Rio Grande 3.25 62 67 Ithaca 4Kb 1941-54 j&j Jamestown 4s Mar 20 *43 a&o 93 100 120 125 to 3.00 to b 0.20 to 1.10 6s Jan & Mar 1946-1970 b to 2.25 4Kb Highway 1963 »s Canal 1964 m&s b j&j b Canal 1965 j&j b is Highway 1965—..m&s ls Bar<e Canal 1945 j&j js Bonus 1941-1949. ..a&o b 4s Canal Term 1942 j&j 4s Canal Term Jan 1946._j&j 4s g High Imp Mar 1958.m&s 4s g High Imp Sept 1958.m&s 4s High Imp Mar i960-- m&s 4s Canal Imp July 1960 j&j 4s Canal Imp Jan 1961 j&j 4s Canal Imp July 1961. _j& j 4s Highw Imp Mar 1961 m&s 4s Palisade Park 1961 m&s 4s Canal Jan 1962 j&j 4s Highw Imp Mar 1962 m&s 4s due Sept 1 1965.......... 4s due Jan 1 1966.. 4s Canal Imp Jan 1967.. j&j 4s Highw Imp Mar "67-.m&s 4s Palisades Park 1967—m&s 4s Bidg constr '40-'49 m&s 6 is . b Basis. / Flat price. 1.20 2.10 2.05 2.10 2.10 2.05 2.05 0.20 to 1.50 to 3.00 1.00 to 3.10 1.00 to 2.75 1.00 0.50 2.10 2.10 &o 1.10 1.90 1.90 1.95 1.95 1.95 1.95 1.95 to 1.00 to 2.00 1.00 to 2.85 1.00 3.90s Co Bldg *41-'50-f&a lhs Jan 15 1941-1942.j&j Mount Vernon— a&o 5%s 1941 a&o 4Kb School 1902-73..m&n 4s Sewerage 1950-55..m&n 1940 to 1956 m&s 3« 1940 to 1940 m&s 3.80 to 2.25 1.00 6 to 1.25 118% 118% 119% 118 b 0.75 to 3.25 118 % % 119% 120% 121% 115% 114% 111% 119% 120% 114% 113% 109% 112 110% 111% 112% 112% 113 to 3 05 to 3.10 97% 96% to 3.00 % to 3 00 7c 7c to 1.75 to 1.30 7o to 1.50 % 1.80 % to 1.40 to 1.50 % % 1.80 % to 1.00 % to 1.50 % to 1.90 % to 0 60 % % to 2.25 to 2.75 2.25 to 3.00 0.25 j&j % 95% to 2.55 to 1.00 Par " Par to 2.00 0.25 to 1.50 Par to 0.50 % 4%s Water 1941-1969.a&o 0.25 Oswego 5%s 1941-1946. .m&n 0.50 Oyster Bay Water Distrect— 4s 1941-1950 j&j b 0.50 Pelbam (t) Un Fr Sch Dist No 1 4.60s 1944-1966 1.25 Poughkeepsie 4%s *41-52 j&d 0.25 4s 8chool j940-1959...m&s Par 1.40s 1941-1960 m&n g°rt of n y4%s l941-'69-j&j jervi8 Port 1.00 3.50 to May 3%s 5th 0.75 to 1.60 to 2.00 to 2.75 105% 103%| 98% 102% ser 105 99% 103% 0.50 107% — 4 %s series e 1941...m&s 0.25 4%s ser e '42-60-.-m&s 107% Putnam Co^^g '41.-51 _A&o 6 0.40 to 2.00 %" 4s 1941-1954 —f&a b 0.40 to 2.00 % Rensselaer County— 4%s Highway 1940-58-f&a Par to 2.25 % Rochester 5s 1941-1962—f&a 4%s Pub Imp '40-'58_f&a 0.25 to 2.25 Par to 2-00 4%s 1941-1959 m&s 4a Imp Sch &c '41-'47-j&j 2%s 1941-1957 m&s 0.25 to 2.00 0-25 to 1.25 0.25 0.25 0.25 0.25 1.70s to 2.50 1941-1948....—f&a 1 %s 1941-1950 m&s 1J0b Jan 15 1941-1950 j&j 2.75 County— 1 1975 Aug 15 1977 Inland Terminal— 4%s series d 1941..m&s 4K sserD 1942-1960-m&s 4~.66 0.75 to 2.75 to L75 0.50 3%s 3d series Mar 1 1976 3s 4th series Dec 15 1976 to 3.75 to to 1.25 to 1.75 Authority— General & refunding— 4s 1st series to 2.00 3.00 to 2.25 0.25 „ ^ to 1.75 to 1.40 to 1.40 to 1.40 Rockland co— 0.75 to a&o 0.60 to 2.25 4s 1941-1947 0.85 to 2.75 2.00 35*s 1944-1961 j&d j&j ..m&n 1.50 1.75 to 3.50 0.50 to 1.00 to 2.00 „ 4.15sl941-1952 2.05 2.05 6 2.10 2Kb 1941-1957. .f&a 2.40s May 1 1941-48.. m&n 2.20s 1940-1959 m&s to 3.00 1.00 to 3.00 1.00 to 2.00 0.75 to 2.75 b Par to 1.25 j&d b 0.50 to 2.25 m&s Rome 4.10s 1940-1950—m&n 6 Par to 1.65 m&n b Par to 1940-1953—..... f&a Saratoga County— b Par to 2.25 „ 2.75 4 %s 1940-1945 Rockville Centre (v)— to 3.10 1.00 2.05 % 117% 118 to 2.00 to 2.75 1.00 4Kb 1941-1944 2.05 116% 116% 117% 117% 0.25 Holland Tunnel to 3.75 1.00 2.05 to 1.45 116 % 82 1.95 2.00 0.10 123 3.00 % 120 117 118% to 1.50 to 3.75 j&j 5s 1941-1943. 123 to to 1.50 82 Mineola (v) 4.40s 1941-68 j&j Monroe Co 4s 1941-1944 f&a Nassau 6 0.50 119 126% to 1.75 to 2.00 ih8 1941-1943 117% 124% 121% 121% 0.25 to 2 90 3.90s 1941-1964. 118 0.25 to 2.10 1.25 Middleport 4.35s '41-'42.j&d 0 122% 121% 119% 120 1941-1951 a&o Ref 1.90s 1941-1957.-.f&a 2.10s Feb 1 1941-1968 to 2.75 Lackawanna 4Kb '40-'54m&n 0.75 Long Beach 654s 1953 75 6s 1947 Beach acquisition— 75 Mamaroneck (Town) 4Kb 1941-1964 j&j 6 1.10 Mamaroneck Un f s d No 1— 5 Kb 1.25 May 11941-1952.m&n york 5s Jan & Mar 1 1941-1945 to 2.40 1.00 1941-1965 j&j 4.70s 1941-1965 j&j Huntington (t) 4s '41-'52. j&j Islip 4s 1941-1951 m&s j&j b 1.00 j&j b 1.00 Conser Dist 5kb 1940-1973..f&a Socorro Co 5s 1941 op '21.a&0 new 0.25 4Kb Works 1962..j&d to 2.10 121 Ossining4%s 1940-1942.m&s to 3.25 f&a 1.75 6 0.60 1.70s 1940-1968 _j&d Ontario Co 4s 1941-1951-m&n to 4.00 1.75 2.20 to 3.00 96% Onondaga Co.4%s '40-47a&o 0.75 2.20 4%s 1947-1972. to 2.75 to3.60 % 1.75 j&j to 3.10 6 1.00 0.50 3.70s j&j 6 2.00 Greenburgh u s Sch Dist No 9 4.40s 1941-1965 j&d 1.7.5 Groton 6s Wat '41-'50—m&n 1.15 3%s h'w'y deb ,48-,47_.m&n 2.50 3Kb h'w'y deb *48-'49..m&n 2.50 3s Jan 1 & July 1 1949-1952... 2.75 2kb h way deb 1944-45.m&8 2.40 2Kb 1946-1951.... j&d 2.50 2%s h'way debs 1951-52.a&0 b 2.50 2Kb h'way debs 1953-54.a&0 6 2.75 Highway 1941 to 2.75 6 1.00 0.75 Oneida 4s Water '41-'45._j&j Harrison (t)— 4 Kb 1941-1980 6s m&n j&d 1979.. 3.25 (t)— 4s 1941-1951.. mexico 6 1.00 3% corp stk 1980 j&d 96% 2 **s 1941-1979. j&j15 0.75 2%s July 15 1969 .j&j 94% 2kb 1940-1953 .t&d 0.50 2%sl941-1979 m&n 0.75 2Kb 8erial 1941-1946-f&a 0.75 2Kb assessm't 1940-44.j&d 0.50 Niagara Falls— 5Kb 1941-1948 m&n 0.25 4.15s Sewer 1965-70.-m&n 2.00 4.10% Sewer 1941-1950. j&j 0.25 4kb Wat May 1 '41-48m&n 0.25 3.95 Nov 1 1961-1970-m&n 2.00 3 %s 1942-1945 m&n 0.40 2s Mar 1 1941-1949. 0.25 Niagara Falls s d 4%s 1940-1960 f&a & 0.25 No Hempstead 8 d No 7— 4%s 1941-1942 j&d b 0.40 2.40* 1941-1967 m&n 6 0.25 North Tarrytown— 4%s Water 1940-64.-a&o 0.50 to 2.05 2.60 4s to 2.80 ito 1.00 Transit Unification Issue— 6 2.90 4s May 1959 6 0.25 ,to 2.95 3%s 1941-1964. ...j&d 3Kb ser f 1940-64..m&n Columbia County— 1.25 6 0.75 _ 0.30 ,to 2.45 Authority— 4s 1941-1964. m&n Net 1950-53 m&n b 2.60 to 2.85 3 Kb Corp stock July 1, 75. 101% 102% 3Kb Aug 1 1940-1978.f&a b 0.50 to 3.20 3 Kb serial 1941-1979— f&a 0.25 to 3.20 3s Rap Trans 1947-51 _f&a 1.90 to 2.35 3s corp stock Jan 1 1977 j&j 96% 97% 3s Serial 1941-1968 j&j 0.75 to 3.05 0.40 .to 2.25 Delaware Co 4.20s '41-'52a&0 6 0.25 to 2.00 a&o 2.80s Gen Impt b June 1 1950-1965 to 2.70 to 2.90 3.40s Nov 15 '40-'55—m&n 6 3.10s Oct 15 1940 46.a&0 6 2Kb Ref 1941-1951...j&d 6 2.60% Relief 1941-45..j&j 6 2Kb Oct 15 1940-56..a&o 6 2.20s Jan 15 1941-1947.j&j 6 2.10s 1941-1949 j&j 6 2s 1941-1959 j&j 6 2s 1941-60 f&a 6 Sewer 1.60 6 0.40 1956 6 Ask 113% 114 m&n 4s serial 1941-1963—_j&j b 0.75 to 3.20 4s 1941-1954 j&j15 0.75 to 3.00 3 Kb Corp stock July 1 '75.. 3.35 3.30 3 Kb Corp stock 1940-1954. 0.50 to 2.90 3 Kb g exempt 1941 —m&n 1.00 0.75 3 Kb 1.25 1.00 exempt 1942. m&n 3kb r t 1948-1950..m&n 2.70 2.50 3 kb g exempt. 1952... m&n 3.00 2.80 3 Kb g exempt 1953 3.00 2.85 m&n 3%s g exempt 1954...m&n 3.00 2.90 3 %s g Water ex 1954. m&n 107 108% 3%s exempt 1955-...m&n 106% 108% 3 Kb stock Apr 1,1954. a&o 108 106% 3 kb Corp stock Mar 1,1960 106% 107% 3 Kb Corp stock Jan 15,1976 105% 106% 3%s reg Corporate stock 4s to 2.00 6 1.75 Various 4s Various May 1957-m&n Nov 1958.— m&n 4s to 1.90 a&o 6 0.20 j&d 6 2.90 Corning 5%s 1960 m&s Cortland (City)— 1.60s 1941-1964 j&d Cortland Co 4%s '41-'51.j&j to 2.40 Rd&Bdge'41-'47.f&a new to 1 75 to 2.00 4 Kb 3.25 to 3.00 4Kb - to 2.75 3.75 % . 5s School 1941-1955..-a&o 1941-1966 1941-1960 0.10 6 0.30 4s 1941-1958. 4Kb School 1941 f&a 4Kb Imp & sch '40-'60.j&d h 0.50 Sussex Co 4Kb '40-'44—m&8 b 0.50 4Kb 4Kb to 1.15 5s 1941-1950.. m&8 j&d j&d 1941-1962 b 0.10 4Kb 1940-1967 4s June 151960 4b 1911 to 1944........j&j b 0.60 4kb 1941-1969 4Kb 1941-1968 to 2.10 5Kb 1944 j&j South Jersey Port District— Marine Terminal— 6s b 0.10 Buffalo— j&d 4Kb 1940-1973 South Orange— to 1.90 — m&n 4Kb 1941-1949 4Kb 1941-1952 to 1.85 0.10 Albany Port District— 4s 1940-1972 Ridgewood4%s 1941-62.m&n 1941-1968 0.10 m&n 6 0.20 Auburn 1.60s 1941-1958.f&a 6 0.25 Binghamton— 4Kb Oct 1 1941-1971..v&r. 6 0.30 2s Marl 1941-1956 6 0.20 j&d Red Bank (Borough)— 1940-1953 m&n 15 -—a&o Crossings 2%s Dec 8 1940-1987-.j&d Unemployment Relief— 2%s July 6 1941-1947--j&j to 2.10 l«s 1941-1979 Eliminat'n of Grade Bid Newburgh— 4s Wat Impt 1942-1963.j&j 4 Kb Wat Impt 1941 j&j New Rochelle— 5s 1941-1950 m&n 4 kb 1941-1965 m&n 4Kb 1941-1963 m&n 2Kb 1940-1947— m&n New York City— 4%s June 1965 j&d 4Kb 1963 m&8 4%s May, 1957 m&n 4Kb Nov 1957 m&n 4Kb Dec 1, 1979 j&d 4Kb Corp stock 1907..j&j 4 Kb Corp stk 1971. j&d 15 4%sJuly 1,1941 to 1955— 4Kb Jan 1, 1977.——j&j 4Kb 1960 m&s 4Kb Mar 1, 1962 m&s 4Kb Mar 1, 1964 m&s 4Kb April 1,1966 a&o 4Kb Apr 15.1972...a&015 4 Kb Rap Tr & Wat 74 j&d 4Kb Feb 15. '41-'01.f&a15 4Kb Feb 15,1976...f&a15 4Kb Nov 15,1978-m&n15 4Kb Mar 1. 1981 m&s 4s Oct 1,1980 ..a&o 4s May, 1977 m&n 4s Nov 1955 m&n 123 2Kb July 6 1941-1962.-j&j 1 Kb Sept 10 '40-46.m&s 10 Emerg Unemploym't Relief— 2Kb Sept 25 40-'43—m&s 2Kb Sept 25 '44-'45—m&s 1Kb Sept 10 1944-1946. Albany County— 4Kb 1960 .m&s 3Kb Fund 1941 m&n 2 Kb refunding 1941-'57.j&j Albany (City or)— 4% 1940-1969 m&n 4% 1941-1970— j&d 4s Munic & Scb '41-'63.j&j 3 K 1941-1971 j&d 2Kb 1940-1953 m&n 2Kb 1941-1978 m&s 2% 1940-1955 m&n 1.70s 1941-1979 j&d 0-90 4Kb 1940-1967 a&o Perth Amboy— 4 %s April 1944 4Kb Water 1941-64-.m&s2 5s Feb 1941-1977 f&a 4Kbrefdg 1944 & '46--f&a Plalnfield 4s School 1959 m&n 4Kb 1941-1962 Various.j&j 1940-1953 Bonds General State Improvement— - Somerset to 1.40 Net 2Kb 1940-1969 99 1940-1964. a&o1 h 0.75 5 kb 1940-1959 4Kb Feb 1 1945 4kb b 0.10 1 1956.j&j 3s g Canal Jan 123 38 g Canal July 1 1958 -- j&j 3s g Canal Jan 1 1959--.j&j 123 3s Canal 1957-1959-...-j&j 123 3s Mar 25 1941-1987 m&s b 0.15 4)48 Refunding 1944..m&n 4hs Water 1941-1970--j&j Passaic County— 4%s 1941-1946 j&j 4%s 1941-1968 j&d 4mb to 2.10 90 i 5%s General improvement 1940-1951 j&d 5s Impt 1941-1948 m&n 4Kb to 2.10 b 0.15 To or to 1.80 b 0.15 91k Passaic— CAn b 0.15 4s Apr 15 1941-1955...- a&o 3%s Mar 15 "41-'81—m&s 15 3%s Mar 15 '41-'81—m&8 16 3Kb 1940-1949 m&n 15 to 4.10 84 1941-1942 f&a 4%s 1943-1967 f&a Ocean City5s 1944 f&a 4%s Impt May 15 1941-'56_ Ocean Co 4%s 1941-'50..j&d!b Pa Ask 90 4kb 4%s Sewer Bid n y state {Concluded)— North Bergen «"ef 4a-4%s Nutley (School District)— Yield Basis To or Bonds Net i 4%s 1940-1957 f&a & 1.00 4%s Sch & wat '41-'69_j&d & 1.00 4%» 1940-1967 j&d b 0.75 North Arlington (Borough)— date of Issue Yield Basis Yield Basis Bonds 97 BONDS the closing day of the month preceding the 1.80s 1940-1945 1.25 Rye & Har'son Un Fr 8 d No 6 4.40s 4%s 1940-1955 ..m&s & 0-25 4s Sept 1 1945-1954—m&s b 1.25 to 2.50 to 2.50 % % state 98 Quotations for all securities are and To or 4 M» 1941-45--J&D Schenectady— 4.30s 1940-1948 J&D 4.15s 1941-1960 A&O 4s Oct 15 1940-1944--A&O 2 Ms 1940-1955A&O 2.20s 1940-1950 M&S 1.80s 1940-1950 MAS 1M® 1941-1955 F&A 1.10s 1941-1949 M&S Scarsdale b 0.25 to 1.50 0.20 0.20 to 2.50 0.20 to 1.25 0.20 to 2.25 0.20 to 2.00 0.20 to 1.80 0:20 to % Bid Bonds Greenville 5s W W 1958 _P&A 6 3.55 4Mb 1940-1957 M&N High Point 4Mb 1941-48-J&J 5s Wat Merv 1940-1968 J&D Refunding bonds— 4Ms 1942-1951 .M&N 4s 1942-1957 M&N 3 Ms 1958-1969—-M&N 3Ms 1970-1975 M&N to 6 2.25 to to 4.00 6 2.40 — 1.70 0.20 to 1.40 b 0.50 to 2.50 b 0.25 to 2.00 '42.F&A ,. to 2.75 b 0.50 to 3.25 0.20 to 2.40 4Ms 1943-1947 0.20 to 2.00 5s Fund June 1959 0.40 to 2.10 0.20 to 2.20 0.25 to 1.50 0.20 to 2.40 0.25 to 1.25 0.20 to 0.20 to 1.60 0.25 to 2.25 0.25 to 2.25 0.20 to 2.10 0.20 to 2.10 to 1.30 _ „ „ _ 4 Ms 1941-1944----M&N 4.20s Dec 15 *40-71 J&D15 -F&A 1940-1946 4s 3Hs 1941-1951 3s 1941-1971 2.20% 1941-1957 ----- - J&J15 - JA/.1 £ M&S M&S 2s 1941-1956 2.10% Aug 15 1946-1947—0.20 1M« 1940-1948 —F&A 0.20 1MB 1941-1946.M&S Thousand Islands See " Water town'! Ticonderoga S D No 5— b 0.50 4 >£s July 1941-1958 J&J Tonawanda (City of;-, 6s Ref Nov 1950 1941-1950-.J&J Dist— 2.80s 1940-1958 M&N b 0.75 Trlborough Bridge— 3.25 2.50 1.60 to 2.40 1953-1975—F&A b 2.60 b 0.40 to 2.25 b 0.40 to to 3.20 4M 2mb revenue 3s revenue 1945-52.F&A b 101M to 3.00 6 2.40 6 0.75 1 less to 3.60 6 2.70 to 3.10 6 3.00 to 6 3.50 to 3.15 6 1.00 to 3.00 6 3.00 to 3.60 b 0.50 to 2.60 0.25 to 1.25 Grand 0.25 to 1.75 4s Utlca— '41-45-J&J15 4.20s 1941-1949 F&A 4.15s 1941-1950M&N 4.10s 1941-1946 A&O 3.90s 1941-1948 F&A 3 Ms May 15 '41-*51-_M&N Revenue 2.75s 1940-66 A&O 4Mb Pub Imp 0.25 to 1.70 0.25 to 2.60 Rev 2.60s 1967-1969-A&O , J&D 1.10s 1941-1950A&O Warren Co 4Mal941-'50-F&A 5Ms highway 1941-53-F&A 1.50s to 2.30 to 1.00 Thousand Islands— 4Ms Bridge Rev '67-M&S Westchester County— 5s 1941-1976 J&D b 0.50 4Mb San Sew '41-'82—_J&J b 1.00 102M to 3.00 to 2.75 to b 0.25 to b % 3.25 % 3.00 % 1.00 % b 1.00 to 2.90 b b 6 6 b 0.50 to 2.80 tfo 2.80 to 3.00 % 0.40 to 2.60 2.50 to 0.50 to 6 0.50 to White Plains— 4Mb 1941-1959 (reg)—M&S b 0.50 8.90s 1941-1954 F&A b 0.50 b 1.50 2Mb Sept 1 1943-49 % 3.00 % 2.80 % 2.30 % 3.00 % to 4.0u % 2.80 to to 2.50 Wolcott— >lc< to 4Ms July 15 1941-1942-J&J Yonkers— 6s Feb 1 1941-1952 A&O 5Ms Jan 1941-1961—A&O 5s 1940-1961 A&O 6 0.75 4M« July 1 1941-1962-A&0 4Ms Mar 1 1941-1956-A&O F&A J&D 3.30s April 1 1941-1956 — 3 Ms 1941-1955. M&S 3.10s Oct 1 1940-19643s 1941-1960 M&S 2.80s 1941-1959 M&N 2Ms gen & ref July 1 *43-'46 2Mb 1940-1954 A&O 1.50 b 2.75 to 4.00 b 1.50 to 3.60 1.25 to 3.40 1.00 to 3.90 1.00 1.00 to 3.65 2.25 to 2.75 1.00 to 1941-1958 3 Ms 1943-61 4s — NORTH 1.00 1.00 to 2.85 1.00 to 0.75 to 3.75 1.50 to 4.00 1.00 to 3.75 3.90 to 4.00 to 3.65 3.25 CAROLINA 5s July 1961—— J&J J&J A&O 4Mb 1941-1962 4Mb 1941-1968 2.40 2.30 0.75 to 2.40 0.75 to 2.40 A&O 2b 1948-1949 IMS 1942-1943 1Mb 1943-1946—- to 2.40 0.75 to 1.35 1.45 to 1.60 0.75 to 1.55 J&J J&J J&J 2Mb 1946-47-1948 2MB 1941-1948 0.75 A&O A&O J&J 4s 1941-1968 3 Mb 1941-1945 1.55 to 1.60 1.00 to 1.15 1.15 to 1.40 Ashevllle— l-4s gen ref July 1 1976— 39 6s 1940 to 3.00 6 0.75 to 3.15 6 2.25 to 2.90 6 2.80 to 3.00 39 2.25 6 3.25 6 3.50 3.00 6 3.50 3.00 M&N 1.00 to 2.80 6 3.50 2.50 6 3.50 3 Ms % May 15 1941-1945 4Ms H'way '41-'49 (s-a).A&0 4s Highway 1940-1942..A&O 4s Highway 1941 A&O Astoria Ref 1-5% 1967--J&J 1 .75 to to to to 1.50 3.75 3.50 3.30 3.60 Canton— 5s Sewer 1953 ..M&S 6s Water 1944-1;959 A&O 6 2 .00 Canton School Dist— 5s 1954 A&O 5 to 2.00 6 0.50 to 2.75 6 0.50 to 2.00 6 0.50 to 2.25 6 0.50 to 1.75 % % 0.50 % hs 2.00 to 2.25 to 2.25 2°25 4Mb 1941-1953 4Ms 1940-1955 6 0 to 2.10 6 0 6 0 to 2.00 % 6 1 Imp 1945 61 J&J 0.75 0.90 to 2.85 1942-—-——F&A 4Mb 1941-1963 J&J -F&A 4MS 1941-1965- 2.00 1.50 1.50 to 3.40 J&J J&J 3.15 less 1 3.20 less 1 less 1 to 3.40 6 1 6 1 to 2.50 5s Tax antlclpa'n notes— eries "E T" May 311941— b 0.50 July 1 1951 Series O—J&J b 2.00 to 3.00 2.00 to 2.90 M&S 1.25 to 2.80 1940-1965-J&D 1.00 to Par 1 00 to Par 2 Ms Dec 1 2 M Apr 1 to 2.50 to 2.40 to 2.75 6 1. to 2.40 6 1. to 2.30 6 1 96 1.20 to 2.20 6 1. to 2.00 A&O J&J f&A 4s 6 1, M M less 95 Allegheny County— 4 Ms 1941-19624 Ms July 1941-1958 4s Bridge 1942 to 2.70 6 1. less to 1.80 F&A 1947-1968 to 2.70 6 1, 6 1. to 2.20 1941-1958 1.65 % 1.00 to 98 1.00 to 97 I 1.00 to 97 % 4mb Sewer 1940-1959-J&D b 1.00 to 2.80 % Allentown— Altoona— 0, 4 Ms Water 1941-1960-M&S 6 2.00 to 2.75 to Bethlehem School Dist— 4s 1940-1945-1950. 2.70 b 1.00 to 2.20 Braddock to 2.30 Cambria Co 4 Ms Nov 1 *40-'45 b 1.70 Del River Jt Comm Bridge Easton-Phllllpsburg 4Mb. -F&A to 1.00 M&S F&A 2Mb 1941-1966 4Mb 1940-1960- to 1.00 to 2.30 to % ho 2"80 % 105 114 4 Ms Sept 1 1967 opt *43Easton (Water Works)— to 1.75 to 3.50 M&N 4M» 19 U 1961 Phila-Camden— to 2.00 1.50 1.60 to 2.50 to 2.70 % % 1.00 to 2.50 % 6 0, to 1.25 % 6 0, to 2.50 6 1, to 2.00 % % 1.25 6 0.75 A&O *40-'41-A&0 1940-1947 5s Sewer Feb 11941-'51 F&A!6 Lucas Co 4s C H 1944—-M&S|_ to 1.70 % 1.75 00 to 1.50 00 00 to 2.00 to 2.50 4 Ms 1940J&D 21 Mahoning Val 8an Dist— 4mb water 80 1941-1967—A&O 2Mb 1941-1968 J&D 2Mb 1941-1961 f&A 2Mb May 1 1941-1970. to 2.70 5 Ms 1941 M&S 5s Mar 16 1941-1946.M&S10 6 0.75 4 Ms Oct 1945 5s Park & Imp Lima 5 Ms Sewer to 2.00 79 Refunding 3 Ms 1965-j&j 4Mb 1940. 1944. 1949 J&J16 0.60 4s Highway Apr.l 1941. 1942. 6 0.80 1.70 1945. 1947. 1950, 1952 3Ms Turnpike Revenue— Lakewood— to 2.70 to 2.25 % to 2.75 6 1 F&A to 99 M to 2.30 to 3.00 0.60 0.60 I 1.00 to 2.75 ' 1.00 to 2.90 b 1.25 to 2.50 I Erie S D— 0.75 0.75 0.60 2.65 Port of Astoria— % East Cleveland 0.75 j&J 1941-1947. j&d 2Mb Ref imp *41-'45—m&n . A&O 4 Ms gen Imp 1940-43—A&O Elyria 4mb 1940-1952—.M&S 5s W W 1941-1946 J&J Hamilton County— 4Mb 1943 F&A 4mb Sewer Oct 1 1940-'47— Greensboro— to 3s Ref Imp to 3.10 to 2.10 4Mb 1940-1944 A&O 4 Ms 1940-1943 A&O 4Ms Road 1940-1941—A&O to 2.65 to 1.65 1.25 to 3.25 0.60 PENNSYLVANIA to 2.25 to 2.90 Durham County— to 2.50 1.40 0.65 0 to 2.40 to 2.75 Durham— 0.65 to 1.70 0, F&A F&A 6 0, F&A 6 0, 0.75 1.00 to 1.90 to 1.90 6 0 Cuyahoga County- 4s 1940-1941 Dayton— 6 0.75 to 1.75 6 0 J&D 19 6 1.25 5s 1943-1952- to 2.90 4s July 15 1941-1945.J&J15 1.80 & 0 M&S s-a to 2.90 0.75 ... A&O 6 0.75 2 Ms 1941-1959 Columbus S D— to 1.50 4s Water 1941-1958 2°60 Cleveland Heights S D— 6s 1940-1959. Columbus— 6s 1941-1957 40 4mb Dock 1943 M&N 4Ms 1941-1960 M&N 4mb Ref Water '41-'53.j&J 2.50 Cleveland— J&D J&D 4Mb Grad Cros'40-'54-A&0 4mb Fire Dep '41-'55—A&O 4Mb 1940-1950 M&S 4s Sewage 1940-1958.-M&S 3 MB 1940 1949. A&O 3 Ms 1940-1956 A&O 3 Ms 1944-1953 M&S 3s 1940 1963A&O 2Mb 1940-1951 M&S 2Mb 1940-1951 M&S 2s 1945-1954 J&D 0.60 38 5s Harb Dev 1940-50.M&N J&J J&J 5 Ms 1941-1970.— 5s W W 1941-1968 to 1.00 6 0.75 Portland— to 3.00 to 1.70 4Mb Sewer 1955 ...A&O 4s 1940-1956 M&S 3 Ms Sept 1 1940-1962 2 Ms Sept 1 1940 to 1956— 2mb Sept 1 1940 to 19762s Sept 1 1940-1963 —-M&S 1 Mb Wat. wks. '40-79 M&S Cine Southern Ry— Refund'g 1 Ms July 15 '59 to 2.00 6 0.75 Multnomah Co S D No. 1— „ 6 1 50 5M.8 Imp Feb '46-'51.-F&A to 1.75 6 0.65 4 Ms 1949-1956— F&A 6 2.25 4s Bridge 1945-1955—.J&D 6 1.75 to 1.25 5 s July 1 1965 4 Ms July 1943 6 0.75 4Mb Bridge 1941-1944.J&D 6 0.60 to 3.60 4Ms Dec 5 1940-1942—j&d 6 1 00 4.40s 1956 Cincinnati— 2.60 1940-1952—A&O'6 I ho 1.00 4M» Jan 1 1941-1946— Fayette County— 4Mb Highway 1952—-J&D Harrlsburg— 4s May 15 1941-1953 Jeanette 4mb 1940-1956-M&S Lackawanna Co 4s 1944-F&A Lancaster Conty—• 4Mb 1941-1960 F&A Lancaster S D 4s May 1945— Lower Merlon Twp 4s 1945— McKeesport Sch Dist— 4M» 1941-1943 M&N Mercer Co 5 Ha '40-'47—F&A Norrlstown S D 4 M« 1943-J& T Northampton Bor Munic Auth 2 Ms Wat rev 1941-70—M&S Philadelphia— -J&J 5s June 1 1962 opt '52-J&D 5s Jan 1951 5s June 1 1982 opt "52-J&D 4mb May 1948 0.75 to 2.25 % J&J 4Ms Nov 1 J&J Ohio municipal bonds Issued since Jan. 1, 1913, are taxable, all bonds Issued prior to that date are tax-exempt. to 1. to Par Multnomah Co— 1.75 F&A M&N * 1.75 2.50 to M&N F&A ReTg 3 Ms 1957-1962- 6 F&A 5Ms Wat & Pk '41-M9-F&A 6 0.50 5s 1941-1947 F&A 6 0.50 3.00 6 3.50 .00 4Ms 1941-1979 1941-1959 4s Water Works 1954 6 0.50 6 0.50 Tulsa— 5 mb July 1946 2~ 75 40M M&N 5s Water to 2.50 to 1.50 . County Highway 4 mb 1940-*46A&0 Okmulgee 5s Mar 15 1943.. Dayton School Dist— 4Mb 1941-1951 J&D Forsyth Co 4Mb *40-'58-J&D to 1.75 June 30 1941 to 1946— 2Mb June 30. 1941-1948... 2s June 30. 1949-1954 Muskogee— 4 Ms Aviation 1941-53-J&J Oklahoma City— 5s Water 1941-1947—M&S 4 Ms Water Works 1941 J&J 8 d 4mb 1941-1953 J&J 6 0.75 4Mb Bdge 1940-1951—M&S 4Mb 1941-1961 M&S to 2.10 4Mb 1941-1966 to 1.25 due 2.30 to 5s W W 0.50 5s Water 1941 to 1945-J&J to 2.75 to 2.75 to 3.00 to .25 3s 1960-1977 1941-68 to 2.90 b 0.50 b 0.75 OKLAHOMA 6 0.50 A&O 5 Mb 1940-1948 4Mb 1941-1970 2Mb 6 0.50 Funding 1M % to 2M % (See footnote *) 40M Charlotte— 3 Ms 2 E50 1 5Ma W W Imp 1944—J&D Buncombe County— l-4s gen ref July 1 1976— 2.50 2.75 to 2.75 to 6 1.00 to 3.05 Ashland 5Ms 1940-1944.A&O to 1.50 4Ms Parkway 1962-86-J&D 1941-44--A&O 4mb '44. '45. *56 & '69 J&D 4s Co Bldg 1941-59—M&S 4s June 1 1959-1964—J&D 3 Ms 1941-1951 J&D 3 Ms 1952-1980 J&D 8 Ms 1941-1963 J&D 2s 1941-1951 J&J 3%00 55 less 4s Water Works 1942.A&O Allen Co 5 Ms 1941-1950. A&O to 1.75 4 Ms Co Bldg 2".75 4mb 1940-1959 A&O 4Mb 1940-1956A&O Youngs town— 6s Bdge 1940-1941 A&O 4mb 1940-1957 -A&O Youngstown School Dist— 4Mb 1944-1947 M&S less 52 5Mb 1941-1951 J&J 6 2 .00 5s Water 1940-1953...A&O 1 .00 1 .50 4Mb 1940-1947 A&O 1 .50 4Mb 1940-1952 A&O 1 .50 A&O 4Msl940-1956 to 2.25 J&J J&J 1941-1946 to Oklahoma Sewage Dis 1941-65-M&N Akron to 1.25 -J&J 1941-1953 1.75 OREGON Water town— 5s 1941-1945 to Forks— OHIO to 2.00 1.40sl941-1969 4 Ms 0.50 A&O Toledo School Dist— 3.25 to 1.80 0.50 to 2.00 to 2.50 to 1.40 0.25 1940 to 1.75 0.25 M&S 6 0.75 M&S 6 1.00 6 2.00 5s 1940-1944 M&S 6 1.00 Zanesville S D 5s '40-'43.A&0 6 0.75 6 2.50 J&J 5s Farm L'n 1941-45&'50 J&J 5Ms 1945 & 1948 ser O J&J 4Ms July 1951 & 1955-..J&J 4mb Jan 1957 J&J Fargo 4s Aug 15 1940-1954— 2.70 2.75 % 4Mb 1940-1954 M&S15 6*0.50" 4mb 1941-1953 M&S b 1.00 b 0.50 4Mb Nov 1 1940-1953 4s Park July 1 1942 J&j % 1 less NORTH DAKOTA 102 M to 5s W W 1910-1944 F&A b 0.50 6s Pub Wharf 1960—.M&S 5s Sewer 1949 M&S 1 less to 97 M 3Ms s f revenue 1980--F&A Troy 4Mb 1941-1950 A&O 4MB 1940-1970 J&D 4Mb 1941-1965 J&J 1972 M&S 4Mb 1941-1958 M&N 15 4Mb 1941-1973 J&J 4s refunding 1948-56.--J&J 3s refunding 1956-68 J&J to 3.00 to M&S 6 2.25 J&J 6 3.60 Winston-Salem— 5s Sept 1940-1947 to 1.25 Union Free Sch , 1.00 J&J 6 1.25 Summit Co— 3% 1953-57 and 4% 1958- to 3.20 5Ms Water 1 less to 3.50 2.00 to to 1.50 A&O 4mb 1941-1950 Springfield— 4 Ms 1941-1949 4s 1941-1955. County— Wilmington— 5s Ref & Impt 1955-—A&O 6 2.85 4MB 1940-1962 A&O 6 0.75 4Ms Pub Imp 1941-60-J&J 6 1.00 to 2.75 to 4.00 Newark 4 Ms 1941 Portsmouth City 8 D— Refunding 1M% 1941-1942 2% 1943-47, 2M% '48-'52 m b, 1.00 to to 1.25 Toledo— Impt June 1 1944--J&D 4Mb 1940-1967 A&O 4s 1946-1950 M&N 3 Mb 1951-1956 M&N 3s 1955-1970 A&O Randolph County4Ms 1941-1947—F&A 4Mb 1948-1959 F&A Salisbury 6s 1941 M&N Transylvania County— to 1.25 b 1.00 Water 3.95 M&N 6 2.50 5s to 1.40 1941-1950-—J&J 5s to 6 3.90 Net to 1.50 Raleigh— to 3.25 b 0.75 to 4.00 6 3.80 Mecklenburg County— 2.75 3 Ms sewage 1941-1969-J&J b 1.00 4MB 1941-1942__ J&J b 1.00 4 Sewer 1941-1953- -J&J to 4.00 6 2.50 Lincoln Co— 5s Bridge 1941-1951—-F&A 6 0.75 b 0.75 4Mb 1940-1957 A&O 354 s 1940-1951 F&A 2 M® High & ref 1941-57 M&S 2.20s June 1 1941-1962 J&D Sullivan Co 4Mb '41-45-A&O Syracuse— 5 1940-1960 M&S 6 2.50 A&O 6 2.00 Ask 5Ms (1 to 5 yr mat'y)—J&D 6 0.50 5Ms (5 to 10 yr raat'y).J&D 6 1.25 Montgomery County— 5s Flood Emerg '41-'42 J&D 6 1.00 4.00 6 2.50 Ired^H Co 5s Aug 1 4 Ms 1941-1950 % Bid Bonds Martin's Fv 5s 1940-'44.M&S 6 0.75 Miami Conservancy Dist— 1 3.40 6 0.75 Pitt Suffolk County— less To or Net Ask Guilford County— 1.25 M&N 1941-1971 5s Yield Basis To or Nel to 1.75 _ Schenectady County— 4 Ms 1942-1958 J&J 5s Dec 15 1940-1948------Somers (T) 4Ms'40*'53-M&N Southampton— Ask the month preceding the date of Issue Yield Basis Yield basis Bid Bonds bonds municipal as near as possible for the closing day of 1948 6 Basis. % 3.25 b 0.80 to 2.50 % b 1.00 to 3.00 $ °75 b 1.00 to 3.80 b 1.25 to 2.00 % b 1.50 to 2.75 I °AS b 1.00 to 3.25 % ho 1.75 116M 118 118 111M 112 f Flat price Quotation* for all securities are as near as possible for the closing day of the month preceding m 4s Nov 1 1966 107 108 112 113 M 116M 105 M Ask b 1.50 1.50 to 2.50 b 1.50 to 1.70 b 2.00 less 107 M Corson 103 Jackson — 4MB 1941-1959 -M&N 4Mb Apr 15 1941-58.a&Ol 5 1.00 to 2.75 1.00 to 2.85 1.00 to 2.00 Sioux Falls S D— 1.00 Operating Revenue— 1 Ms Apr & Oct 1940-1941 Pittsburgh 4MB 1941-1950 ,.„--J&£> 2mb Sch Dist 1940 62. A&O 2mb July 1 1941-1956--J&J 2 Ms Feb 1 1941-1958-F&A to J&D „ 0.75 to 2 Ms Dec 1 to 2.15 0.75 to 2.10 2MB 1947-1948 0.75 to 2.10 3s Sept 1 3 M« Sept J&D b 2.50 b 2.00 to 2.30 2MB 1941-1963 Reading 5s Impt 1943-49-J&J Schuylkill County— 4Mb 1941-1955.-----J&J 99 101 less — .J&D 1 1955-1958 b 0.75 to 2.15 4s 1940-1955 b 2.00 to 2.60 b 1.50 to 3.25 Scranton4Ms 1940-1941-F&a 5 1.25 5s 1940-1950 F&A b 1.50 Soranton School District—• to 1.75 4Mb 1940-1967 4mb bridge 1944-1945—.... 6s July 1 1943 0s April 15 1940-1947 to 3.00 2.10 b 1.90 1.80 1.60 to 1.10 1.70 b 1.50 to 3.25 3% opt rev 1941-48- -M&N b 2.75 to 3.00 _ --J&J 4 Ms 1941-1956 5s funding 5 Mb 6 1.60 1.40 b 2.00 1.80 2.40 4 Ms Impt 1941-1945—J&J b 1.50 York 4Mb 1940-1943 F&A b 0.90 to 2.40 RHODE 1% Relief 1942-1943--—M&8 1M% June 1 1941-1943—J&D 8% Public Wks 1951-50-m&s 4s Oharit Inst 1965 M&S 4e June 1 1977— J&D b 0.50 b 0.50 to 0.90 b to 1.70 1.50 b 2.35 2.25 1.15 to 1.00 2Mb Nov 15 1942-1971- — 1941-1966 4mb Mar 15 '41-73-M&S15 5s 1941-1942 A&O 2.75 % to 1.00 2.75 % to 2.75 % 1.00 4s to 1.15 % 1.00 to 1941-1942-M&n 1.00 to 1.15 4s May 15 1948 M&N 8mb g High sch 1954-J&D 2Mb Waterwks '41-71 M&S 2.00 1.75 2.10 1.90 4Mb May 0.50 2.35 Providence— 4 Mi funding 1941 08 Fund 1941-1901 J&J J&J 0.20 to 2.00 0.20 to 2.10 0.75 to 2.30 1.75 to 3.75 1941-1955 1941-1955- 2.00 85 4.30 % to 4.00 6 3.50 % % 2.25 % 3.30 6 2.50 6 1.00 to 0.75 to 3.25 % M&S 0.75 to 3.25 % 1910-1959 1.25 5s St Impt Dist No 2 1943- 4Ms 1941-1967—— 4Mb 1940-1968 3s July 1 1941-1951 0.50 0.50 0.75 J&J F&A J&J 1 to 3.25 to 2.70 % T.00 to 3.40 3.10 to 3.30 % 1.50 58 Water Works 1942—J&J 4mb Water 1941-1968—J&J Wichita County— to 2.80 to 3.25 Waco— 4 93 385 0.75 San Antonio— 5Ms W W 1941-1965.M&N to 2.10 6 4.50 1,50 1 F&A 5b 1941-1970 Ms ref Apr 1 1953-1964 1 Wichita Falls— 96 4% to4M% due 1969 County— 1 1958. 1 19581958 1958— 2.80 % 6 3.00 3.25 3.40 to 2.20 1.10 to 2.20 to to 105 107 106 108 to 1.55 to 2.55 1.50 1.75 3.15 1.50 1.50 to 3.15 1.50 to 3.00 1.50 to 3.00 2.25 2.10 to Water 1949 Park 1959 1941-1955 3 Ms 1941-1944 2.10s 1945-1954 Electric J&J J&J A&O J&D M&3 to Indebtedness— 1940-1953 J&D J&D 6 0 50 6 0 75 6 0 75 6 1 75 to 2.65 2MB 1945-1954 J&J A&O 1Mb 1941-1950 IMS 1942-1948 F&A M&N 6 0, 75 6 0, 90 to 2.20 Aiken Co 4Mb 1941-1945.F&A 6 1, 00 to 2.10 Co— 4mb Highway 1941-43.f&a Charleston 4Mb jan 1942-j&j 3 Mb Wat Works '41-78a&0 Columbia 5s Ref 1941..M&S 4Mb Water 1945 J&J Greenville 5s St 1942 J&J 8Mb water ref 1941-70 M&N to 2.60 to 1.80 to 2.20 % 1.50 b 1.00 L00 2.25 1.70 b Too" County— 4Ms 1941-1955 J&J b LOO 4MB Highw 1941-1945-f&A b LOO Greater Greenville Sewer Dist to 3". 15 % to 2.75 3.50 M&N 1940-1958--.j&d 5 Too" to3~.65 % 1949-1958.j&d b 2.40 to 3.00 % sewer Kershaw Co¬ ds Highway 1941-1940-f&a b 1.00 to 2.75 b 1.00 to 2.50 Water 1.00 b 1.00 to M&S b LOO to 2.60 % J&J b 1.00 to 2.80 % J&J 6 1.00 to 2.70 % 1941-1965-J&J 5s Nov 1 1943 Spartanburg County— 4MB 1941-1947 3.25 % 2.25 County— 5s 1941-1952 County— 4MB 1941-1950 SOUTH DAKOTA 1941 M&S 5Ms Jan 15 1943-* J&J15 4ms Rural Credit 1942—j&j 6s Sept f Flat price. b 0.50 b less 1.75 less & 1 50 less M M M to 1.25 to 2.20 b 1.00 J&D b 1.80 Burlington— 4mb City Hall 1940-55.J&D 6 Par Rutland (School Debt)— 4s 1941-1948 F&A 6 0.35 to 1.30 J&D b 1.40 1.80 b 3.25 to 2.20 to 2.50 to 2.90 to 2.10 F&A b 2.75 4s Courthouse 1957 A&O 6 3.00 5s Aud Mkt H'se 1949-M&S 6 2.50 M 1 less 1 F&A & 2.25 less 1 5Ms School 1941-1953.. J&J 6 3.00 less 1 M&S J&J & 1.25 less 1 4mb July 1 1941-1950—J&J Fairfax Co 4Mb 1945—F&A2 Henrico County— School 5e 1941-1950—.J&J 4mb June 1 1957 J&D Lynchburg— 4s Pub Impt 1941-1959.J&J Newport News— 4 Ms 1941-1958 F&A 6 2.00 less 1 b 2.00 less 1 b 1.75 less 1 & 2.50 less 1 Charlottesville— 5s 1962 opt 1942 5s Water Impt 1958 to 2.25 96 2.50 Dan vi lie— to 2.50 to 2.75 to 2.25 to 2.40 J&J 6 1.00 to 3.50 4Ms Road July 2 '41-'58J&J Washington County— 5% Fdg Jan 1 1954 J&J 6 1.25 to 3.75 6 3.70 3.50 White County— 5M% Highway 1955-M&S 6 3.70 3.50 b 2.20 less 1 b 2.50 less 1 b 3.00 less 1 b 2.70 less b 2.60 less 1 b 3.00 less 1 F&A 6 3.30 J&J b 3.00 J&D b 2.90 less Norfolk— 1940-1972 5% Water May 1952 5% Port Terminal May '52 Petersburg 4Mb 1952 A&O 4Mb _ 1 Portsmouth— TEXAS 103 Abilene 5s Feb 15 1959-1905— 101M AmariUo4Ms *41-'58_M&S 15 6 1.00 to 3.30 % Austin— 0.75 % % 5s 1941-1942 J&J 6 0.50 to 4Mb 1941-1961 4Mb 1941-1953 4Mb 1954-1958 J&J 6 0.50 to 3.00 J&J 6 0.50 J&J 6 2.50 to 2.50 Beaumont— 5s Water Works 1954--M&S 5s 1941-1965 A&O 6 1.25 4Mb 1941-1970 J&J 6 1.00 4s 1942 opt 1922 3 Mb 1941-1952 4s 1953-1977 less Bristol— Smith County— 1941-1958 1 less Arlington County— 5 Ms 1941-1954 to 1.75 6 1.00 4M% Jail 1941-1951—M&S 1 less b 0.90 Albemarle Co 5s 1948 J&J b 2.25 Alexandria— 3s 1941-1973 J15 & D 15 6 2.30 to 2.80 1.00 less 1mb Refunding l941-'46—J&J to 1.25 1.00 to 1.70 4s (Commonwealth) 1962 6 2.10 2Mb Refunding 1947-60—J&J b 1.80 3.00 1.00 to 2.90 Fdg to 1.90 to 2.00 VIRGINIA to 2.40 1.00 Robertson County— 4Mb Road 1948. to 1.40 to 1.90 J&D '41-50.M&S Hospital *41-'56--J&J 1940-1968 M&N 1941-1967 J&J 1941-1948 M&S 2.60 % M&S 0.60 4s Refunding 1942-1951 J&J 6 0.60 Marlon Co— 4Mb 1941 Spartanburg— 1.80 0.80 Brattleboro— Tipton County— to 2.20 2.10 VERMONT to 2.50 1.00 5 Mb Greenville 2.00 1940-1948 J&D 6 Par 4mb Oct 1 1940-1949—.A&O 6 0.10 Shelby County— to 2.25 to 2.50 3 Ms 2.25 b 3.00 1.00 4mb 4Mb 4 Ms 4Mb to 2.35 Anderson 6 1.00 b 2.50 b 1.00 1.00 Electric Power Revenue— 3 Ms 1942-1945 J&D b 1.00 2 Ws 1940-1959 J&D b 1.80 Polk Op 5s 1941-1946 92 J&D to 2.75 3 Ms 1941-1949 3s 1941-1952 0.40 to 1.65 1.70 to 2.90 J&D b 0.50 6s 1941-1942 A&O 5s March 1941-1900---M&S 2.70 to 1.65 1949 M&N 2Ms Refunding 1958--M&N Plant— 5s Memorial Sq 3Ms Refunding 1940-1955.. State Highway Certificates to 1.70 0.50 4s May 1 Nashville— to 2.80 0.40 0.50 0.75 0.40 to 2.25 J&J Montgomery Co 5s Cumber¬ land River Bdge 1953.F&A b 0, 50 b 0 50 92 2.60 3 Ms 1942-1949 2.10s 1950-1969 J&J 0.75 Salt Lake Co 4Mb Apr 1 1942 to 3.25 3.10 4s 1940-1954 Gas Plant— CAROLINA 19 and A&O 4s Ref 1946-1965 Salt Lake City S D— to 2.60 4Mb 4Mb 4Mb 4Mb 3.10 -J&D 114M b 2.80 pages 5Ms April 1 1941J&J 1 Ms refunding 1940-1955 Ogden 4M% 1940-1945—F&A Salt Lake City— 5s Refunding 1941.....J&J 4s Ref 1941-1945 A&O 110 b 3.30 STATES—See UTAH Madison County— 1.30 1.50 108 112M 5s River Term *41-'48.A&0 b 1.00 Water 1941-1902—J&J b 1.00 2.50 b 1.25 104 4M% Highway '41-*49 J&D b 1.00 2.50 0.80 104 4Mb 4mb 5s 1950 3 Ms 1955-1958 to 2.50 0.80 -J&D UNITED 104 M 104 4s Funding 1952-1902LA&O 6 3.60 Electric System Revenue— 3 Ms 1941-1954 J&J b 1.00 2.20 ——M&N 4s Institu'l 1941-1959 104 104M 104 M 104M Memphis 5s July 1954 J&J 1941-1907 b Basis. to 2.25 Port Arthur— 1.80 0.80 4Mb June 1941-1957—-J&D 6s Funded 1941-1959—A&O 4s Funding 1947—...A&O York to 2.65 1.00 3.50 2.55 2.60 1.10 Funding 1944. —M&N 1941-1907 J&D Sumter 1.25 6 3.70 b 3.50 to WPA School Loan— 4Mb 0.50 1941-1957 4 Ms 1940-1951 J&D Palestine 5s Sch Aug 1 1944, 1949, 1954, 1959, 1964— 2.75 J&J A&O M&N2 J&D A&O J&D J&D F&A 3s 1946-1965 Woonsocket— sewer J&J Impt 1941-55(s-a)_J&J 1942-1947 Houston 8 D 5s Feb 1952 Water 4 0.50 1.25 2MB 1941-1957 F&A 28 May I 1941-1958— 2Mb 2.60 % 2.50 to 2.50 2.55 .. J&D 4MB 1940-1959 4tJan 1 1945 4 (Oct 1 1954 4s May 2 1957 4s Water 1962 4s Oct 1 1964 4s 1941-1950 3s 1944-1951 2Mb 1951-1959 8s % % 3.75 % to 2.40 to 2.80 2.40 2.85 1907 to 0.50 3.40 2.35 2.85 b 3.15 4MB 1.50 Sept 1940-1952—M&N 6 3.70 2.75 2.85 b 3.10 4Mb to 3.00 2.50 2.55 b 3.10 of 98 Refunding 4Mb Jan Refunding 4mb Jan Refunding 5s Jan 1 Refunding 6s Jan 1 General Obligation General Obligation General Obligation Funding 5mb Sept J&J 4mb Sewer 1952 J&D 4Mb 8chool 1954——m&N SOUTH to 2.65 b 3.60 6 4mb Bridge May 1 *51 M&N to 2.60 to 2.60 0.75 Knoxville— 4Mb 1950 4 Ms 96 County— 5Ms Impt 1940-1946..J&D Knox 0.75 A&O 5s Sept Ref 1941-1948—J&J ! % 3.25 % to 4Mb 4 Ms 4Ms 4 Ms 2 Ms 1 Ms Johnson City— Pawtucket— 4 Ms 4 Ms 90 b 3.00 J&J 1 Houston— J&J 4M% Refunding 1957.A&0 5% Bridge 1944 4Mb to 3 .25 1 3.25 0.75 1.90 Jackson Newport— 6M» June 1 1941-1953 — — 0.75 6 2.10 J&J A&O '52M&N M&S 1940-1958 4Mb, Hamilton to 1.00 Gibson County— Cranston— to 3.40 1.00 1.40 b 1.00 Fayette County— 4Mb Road 1958 2.15 b 2.40 to 3.20 0.75 to 2.80 Davidson County— 4Mb Highway 1947—J&J b 2.00 5% Co Memorial *41-'50J&J 6 1.00 82 Dyer Co ref 3M-4M« 1965 to 0.65 2.90 J&D 3.10 0.75 b 0.50 92 Hospital 1954 5s ISLAND to 3.25 A&O 6 1.25 Jan 1 1959..J&J 4Ms School 1950 4mb Memorial And to 2.80 1.00 6 1.60 road 2Mb 1941-1968 2mb July 1 1969 to 1.45 3.25 1941-1960 Grimes County— 5Ms Road 1941-*54.A&010 6 1.25 Harris Co— 4mb Apr 10 *41-'56_A&010 6 0.50 Electric Power Revenue— to 2.30 F&A A&O i i 3.00 5s 1941-1956 Chattanooga— Wilkes-Earre— 3.25 Galveston— 5s Grade Raising 1944-A&0 5s School 1941-1954—-M&S Carter County— _ to 2.40 .A&O 4Mb 1941-1971 F&A 4Mb 1941-1964 F&A 4s Refunding 1941 J&J Ind Sch D 4s '41-*64—F&A 3 Ms Nov 11940-1967.M&N 2.05 6 2.60 — to 2.25 2.25 to 2 25 Fort Worth— M b 1.30 . 0 50 4 Ms b 0.50 b 0.50 3Ms 1948 3.90s Sept 2.75 to 5s W W purch 1950 5s Impt Aug 1 1948 b J&D 1946 1 1944 3Ms Sept 1 1945-. 2.25 F&a J&D 1944-1964 3s 89 6 2.30 1956 0.75 to 2.75 1.80 0.50 El Paso— b 2.20 2s Dec 1 1956 2.00 Public Works Relief— 4 M % 1953 School District,— 94 TENNESSEE 100 to 2.60 to 2.80 ^ _ 1 1940 5 Ms Dec 0.75 0.75 075 5s 1951 % 100 85 Ref 4Ms Sept 2.75 to 2.70 98 1 1954 opt ., Perkins Co refunding 3-4s— Stanley Co 15 year new 3Ms. 4s 1940-1950 M&N 1941-1960 5s 1941-1959 to 2.15 J&J j&d 0.60% to99 M 4.00 3.75 % i4Ms 1941-1970 M&N ]4Ms 1941-1945.. .-M&N 4s School 1941-1951—.J&J 2Mb 1941-1957 J&J 2Ms voted 1941-1958 .F&A Dallas Co 4 Ms Apr 10 1951. 5s to 2.70 90 .1942-1958 1.00 4s 1941-1942 Net River Conservation & - 1 Co— J&J 1941-1913 4Ms Ask Reclamation District— 2 Ms 1942-1955 M&N Corpus Christ! 5s fd '07 F&A Dallas— County— 4-4 Ms 99 Philadelphia School Dist— Net Brazos Refdg 1950-1959.-F&A b 2.40 Refunding series AA— 4 Ms to Aug 1 1941, 3% thereafter 1950-59--F&A b 2.40 To or Bid Bonds to 2.60 b 3s 103 J&J 1956— 1 1941-45 J&J 1 1946-1960--J&J 4s July 20 1972 3 lis July 1 1986 opt 3Ms Jan 2Ms Jan 4M8 Rural Credit— Due May 1 1943-'50__M&N Ref 4s Aug 1 '43-'49—-F&A 3 Ms I °43 tn 1946. F&A 3s Feb 1 1947— ..FA A 110M 103 M 114 Bid Bonds Net Ask 108 M J&J J&J -.-J&J 1946 4s Feb 16 1955 Yield Basis To i To or Philadelphia (Concluded)— 4mb 1976 opt 1946 4Mb Dec 17 1978 J&J 4s July 1942 —J&J the date of Issue Yield Basis Yield Basis Bid Bonds 4s Jan 1 99 state and municipal bonds august, 1940] to % 2.80 % 3.10 to 3.40 % to 3.40 % 5ms19514Ms 1941-1954 5s Water 1948 to 3.i5 %"" to 3.60 % 5Ms Impt Apr 10 1950-1965 6 3.25 to Brazoria Co— 3.75 % 1 less 1 Richmond— 4mb 1958 J&J 4mb July 1 1904 J&J 4Mb July 1 1941 J&J 4mb July 1 1905 J&J 2 Ms 1941-1953 J&J 1mb Jan 1 1941-1960 Roanoke— 2Mb Water 1941-1968.A&0 b 2.20 less 1 b 2.30 less 1 b 0.50 less M b 2.35 less 1 b less 1 1941-1958—J&J 1.60 b 0.50 to 2.25 b 2.40 less 1 b 2.10 less 1 5 2.20 4Mb 1940-1956 Staunton 5s 1940-1958—M&S b 2.20 Tazewell Co 6s 1941-40—J&J b 1.50 less 1 less 1 less 1 2Mb Jan 1 J&D 100 A&O 6 1.00 A&O 6 3.10 1 less Washington County— 5s school 1941-1949 X Optional to Jan. 1. 1943 at 104; 1948 at 103; 1953 at 102 and 1958 at 100. J&j 6 2.30 less 1 % 100 STATE AND MUNICIPAL BONDS Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue Yield Basis Yield Basis To or Bid Bonds Ask 4H% Gen obllg 1941-43--T&J ...1948-1950 8m% Gen obllg 1950-1951 b 0.25 to 0.75 6 1.75 to 2.00 b 2.00 to 2.10 1991-1952 b 2.10 to 2.15 3H%_Gen obllg Toll Bridge Authority— Revenue 4s 1968 Clark County—> J&D 100 Spokane— 4 kb Park 1962 J&J 4s & 4^s ref 1941-51—J&J 3Kb Ref 1943-1954—J&J 4kb 1941-1954 M&S 5kb 1941-1953 J&J 5s Imp Mar 1 1941-1942... Spokane Water Revenue— 4k*akb 1940-1941— A&O 102 MAN Refunding 6s 1953— Everett— 4Kb Gen oblig wat. 1940-59 6 0.75 to 3.00 b 0.75 2Kb Water ref 1940-1942 b 0.75 King County— 4Kb Bridge 1940-49.M&N 6 0.75 4Kb 1940-1950— .—M&N 6 0.75 Pierce County— b 0.75 to 2 .20 10 to 2 .50 b 0.75 to 2 .50 b 0.75 5s to 2 .40 b 0.75 to to to 1 .00 6 0.50 to 6 0.50 to 2.00 to 2.20 Eau Claire— to 1 4Hs 1941-1944 Green Bay— to 2, WISCONSIN to 1 4 5s Highway 6s W W 1940-1960 4s to 1.75 to 3.75 1941-1946 6 0.75 to 2.80 J&J J&J J&J 1.25 to 2.00 0.10 to 0.80 0.25 to 1.85 J&J 1.70 to 1.90 J&J 6 0.75 1943-1952 to l".90 1940-1946 M&S 2Kb Sept 1. 1946-1960—M&S 6 1.20 2 Kb Nov 11940-1962...M&N b 0 15 to 1.90 6 0.15 6 1.00 to 3.45 to 3.40 6 1.50 to 3.40 6 0.90 J&D 6 0.15 2s Road 1941-1963 62.50 1Kb Road 1950-1951 1Kb Road 1944-1964 J&D M&S 6 0.80 to 1.90 2.75 i to 1.70 % to J&D 6 0.25 J&J 0.25 J&J 1941-1944 0.25 to 1.20 0.50 0.25 to 1.75 0.25 1.00 1.00 0 1940-1941 to 1.60 1.00 to 2.25 2.00 to 3.50 F&A Racine County— 4kb 1941-1950 J&J Superior 4Kb Sch '41-44..J&J to 1.30 to 1.30 to 3.00 9 to 1.50 % i % % to 1.90 to 6s I to 1.25 2kb May 1 1944-1962 3.00 ft J&J 3s Sept 1, to 1.50 M&N 6 0.50 Milwaukee County— 4Kb Ct H'se ao-'so M&N 15 4Hs Sew Mar 12 1941-19454Hscourth'se '40-49 J&D16 Racine 4Kb 1940-1957-M&N to 1.30 3 kb to 2.75 0.15 4s July 1948-1952 3 Kb 1951 and 1952 6 0.75 J&J 4kb 1945-1954 4kb 1941-1943 4s 1941-1950 3.75 to 1.20 A&O 6 0.50 Kb 1941-1947 Madison— to 2 WEST VIRGINIA 1.25 to .J&J 6 0.50 4Kb 1941-1949 Milwaukee— 4kb 1941-1945 to 2.75 5s Light & Pow 1942-56A&0 6 2.00 4 k Lt & Pr 1940-'58—M &N 6 1.00 6 Basis. to 2.25 to 2. to 2.80 L & P A&O 6 kb L & P 1941-1943-M&N 6 1.25 to 2.25 6 0.25 to 1 1.50 6s 1941 J&J 6 0.50 1.00 Seattle— Emergency Funding opt *44 4Kb 1941-1959 opt-M&S General obligations— 4kb 1941-1955 A&O 4kb 1941-1957 A&O Munic Lt & Power Rev— 4Kb 1949-68opt *43-A&O 4s 1940-1953 M&N ZHb 1943-1953 A&O 3 kb 1941-1954.-—A&O 1941-1952 to 2.10 to 2.30 5s Wat Wks 1941-1952.J&J 6 0.50 4 2.60 6 1.00 Ask J&D 6 0.50 J&D 6 2.05 Clarksburg 5sl940-1953.A&0 Huntington 5s 1944 Oct Morgantown 5s 1941-1548. J&J Wheeling— A&O 6 0.50 J&J 6 1.50 4s Water 1944-1946 Walla Walla— to 2.50 M&S 6 0.75 4Kb Jan 1941-1955.—J&J „ b 0.75 1941-1958 2kb 1958-1972 Charleston S D — ref wat 1941-1954-J&J 6 0.50 Yakima— 5s Wat rev 1941-1951-J&D 6 1.00 to 1.25 - 2kb 2.30 to 2 .65 4HsEIL&P'40-51(s-a to 2.00 ... to b 2.80 b 1 Bid Charleston— 4Kb Water '41-'43 (s-a) J&J 6 0.75 4Kb EIL&P '42-'46(s-a)J&J 6 0.75 Water revenue bonds— 2s 1941-1945. or Bonds Net Tacoma—Revenues— 4s 1946-54 optional 1946— 4kb 1940-1944 Port of Seattle— 5s 1940-1955 Ask Bid Seattle School Dlst No 1— 4s 1946-1950 M&N b 1.50 WASHINGTON 4% Gen oblig YieldtBasis To or Bonds Net WYOMING $ 1?55 1.85 Natrona Co S D No 2— 5s 1941-1944 to 98 K J&J 6 0.75 to 1.75 % / Flat price. Insurance Stocks Quotations are as near as possible for the closing day of the month preceding the date of Issue. Surplus Capital Unearned Dec. 31, Par Premium 1939 Reserve Per Ask Par (Hartford) - — 10 3,000.000 17,202,657 7,500.000 18,089,892 17,820,380 48K 27% Agricultural (Watet'n) Allemannia Fire (Pgh) 10 Amer Alliance (N Y)_ Amer Cas (Read'g.Pa) Amer Equitable (N Y) 10 Amer Fid & Casualty. 5 1.200.000 3,000,000 563,730 1,000,000 157,500 Amer Fire (Wash'ton) 100 10 HomeFire(NY) Amer In ur (Newark) 2 k » 1.000,000 3,343,740 5 5 Ame Amer Reins ur (N Y)_ 10 Amer Reserve (N Y)_ Amer States (Ind'nap) Amer Surety (N Y)__ 10 10 25 Automobile Ins Hartf) 10 Baltimore Amer (Bit) 2k Bankers Natl Life 10 Bankers & Shipp (NY) 25 Boston (Boston) 100 Buffalo Ins Co (Buff) 100 Calif-West States Life 5 OamdenFire(Oamden) Carolina (Wilmington 5 N.O.) 200,000 2,000,000 1,000,000 350,000 7,500,000 5.000,000 1.500.000 250,000 1,000,000 3.000,000 1,000,000 875,000 2,000,000 10 500.000 10 400,000 1,500,000 118 19,768.389 10 15.000.000 21.855.402 $582926.448 25 3.000,000 5.007,051 5,757,113 2.425,092 3.513.926 1,521,263 1.909,764 563,730 2.920,034 985,989 390,363 1.086,606 11,354.498 4,925,023 1,282,815 350,000 5,837,363 8.617,287 1,591,302 4,932,801 213,183 75,451 1,145,116 12.464.818 1,424,965 2,643,210 892,276 6,192.656 9,618,591 2,330.902 2,079.984 673,500 J 5,143,342 2,170.527 3,676,034 14.650.936 4.615,817 2,339,491 2,459,378 770,000 $47,612,851 '4.121.087 5.807,891 1.057,804 770,728 66% 21 20 K 7K 18H 10 K 150,000 5% 12 K 18 K 30 46% (Boston)-. 100 _ 10 10 10 10 Continental 35% 92 K Fidelity & Dep (Bait) Fidelity-Phenix (NY) Fire Assoc of Phila Fireman's (Wash'ton) Firbmans Fund (S F)_ Firemens Ins(Newark) Franklin Fire (Phila). General Reinsurance. Georgia Home Gibraltar Fire & Mar Falls Insurance Glens (Glens Falls, NY). Globe & Republic Globe & Rutgers Fire. 2d preferred Or Amer Indemnity (New York) .... Great Amer Ins (NY) Halifax (Halifax, NS). Hanover Fire (N Y)_ Hartford Fire (Hartf) Hartford Steam Boiler (Hartford) Home (New York) Home F & M (S F) Home Fire Security.. Homestead Fire (Bait) • legal New 28 900,000 el ,681,064 2,000,000 1,500,000 3.000.000 637,530 1.000,000 New 29% New Hampshire 5 5 15 2% Phoenix Ins (Hartf).. Preferred Accident (New York) 2,500,000 7,324,229 1,000,000 1,453,186 1,200,000 17.789,632 t887,835 1 6.933,791 2,853,978 3,011,073 4,041,236 13,146,880 1,255,309 5,256,395 33,867,780 10 8,097,451 48,121,615 2,634,445 5 3,000,000 8,475.475 15,000.000 50.371,518 1,000,000 3,200,302 4,932,000 287,636 1,000,000 754,694 1.188" 742 ton 116 25 63 94 97 9 27 K 38K 42K 9% 11 14 *65 11 25 75 78 52 54 10 31K 38 2 19 (St P) 10 2 10 io 62 K Seaboard F & M (NY) Seaboard Surety (NY) Security Ins (N Hav). Springfield Fire & Mar (Springfield. Mass) Standard Accident (Trenton). K 10 10 10 25 10 12 K Stuyvesant Fire (N Y) 5 Sun Life Ass'nce (Cas) 100 Travelers Fire (Hartf) 100 S 8 Casualty oonv pref D 8 Fidelity & Guaranty (Baltimore)... H 1 £lre (New York). 8 36 24 k 10 .16* 4.959.557 92 95k 2,000.000 5,415.507 5.460.234 957.537 1.000,000 2,411,725 1,000.000 735,709 $19,038,646 1,000,000 3,023.180 3.699,317 1,500,000 2,500,000 2,832,531 1.000.000 2.119,524 $35,421,052 630,000 281,435 493,974 700,000 207,183 $12,613,671 575.240 1,000,000 1,304,124 6.000,000 39,661,976 8,725.846 115 118 19% 20 k 10 110 37 10 k 115 39 k 13 9 "9 k 2K 15% 76 80 2.950,945 2.199,510 13 K 15 K 3,000.000 1,530,000 1,000,000 6.414.876 4,596.157 33 35 4,998,898 1,928,266 3,184,552 1,433,308 2,032,497 2,738,240 1,263,895 1,579,093 24 k 23 k 1,000,000 2,071,824 10,000.000 21,070.534 1.000,000 845,307 1.000,000 1.000,000 2.000,000 4,000,000 827,848 9.609,365 756,344 971,581 24 5,000,000 14.919,181 1,380,640 2,675,687 300,000 1,315,960 500,000 1,241,513 2,000,000 18,118,208 6.233.177 2.000.000 2.000,000 6.233,177 12.376,770 2 2 4 Guarantee Co... 10 Unlver Ins N J).. 8 West Coast Life (S F) 5 Westchester Fire (NY) 2 k Wisconsin Nat Life.. 10 . 2,000.000 1.000.000 892.537 297,899 981,131 4.078.182 6,375,650 1.257,482 52,856 :69,574,151 15,381.874 14.016.221 2,000.000 20,008.203 10,217,865 10,217,865 2.000,000 $22008203 3,003,557 6.477.319 2.000.000 875,185 400,000 1,263,531 243,415 $24,1004281 375,000 5,748,869 1,000,000 9,315,816 574.790 400,000 $7,779,760 f Consists of $312,000 $4 cum. 1st pref., $500,835 $5 2nd pref. and $75,000 $5 junior pref. stock. life Insurance reserves, a Statutory insurance reserve, e Includes capital, z Not an 2,245,657 6,070,084 2,121,895 No par value, reserve or 138% 1.000.000 10 D 29K IK 17 K (Rochester) „ 8k j* 133 - Reliance ins (Phila)— Republic (Dallas) Stand Fire 26% 11% 26% 10 10 St Paul F & M 25 8K lu 5 10 28% 40% 26 25 10 Revere (Paul) Fire... 10 Rhode Island (Prov). 2 k Rochester American _ 23 8% 10 10 K 24 40 K Washing¬ (Providence) ReinsuranceOorp(NY) 35% 60 1,000,000 5,352,343 8,150,000 25.681,304 10 2,000.000 1.757,193 10 4,000,000 5,515,886 10 12,000,000 56,776,267 5 10 10 10 _ Peerless Casualty.. Providence 7% 27 k 55 % 53% 16 3 % Phila Life (Phila) Phila Nat Ins (Phila). 44 6k 24 k 48 36 K 36 60K 26 K 1,691,246 1.117,201 15,102,208 5,591,641 95,914 7,339,788 14% 2k 36 35 1.009.695 1,000,000 750.U0U 5,000,000 22.414.530 4.000,000 8.784,716 200,000 235,471 1,100,000 5.609,852 45 10 113 46 4,686.941 2,466.401 31 42 61 % 42 3,000,000 8,229,214 1,000,000 2,166,234 1,500,000 927,484 2,000,000 14,060,178 600,000 1,526,085 1.000,000 5,453,997 5 (Milwaukee) 7% 10% 58% 4.131.181 10 N'eastern (Hartford). 5 North River Ins (N Y) 2K North Star Reinsur_ 5 Northern ln> CoiN Y) 12K N orthwesternN ational Occidental Ins (8 F)__ 50 6,331,877 9.016.344 Fire York Fire 25 1 4.058.267 17 k (Milw). 6K 8% 2,000,000 2,500,000 33 % Old Lane Life 48 37% 2% 16k Pacific Fire (N Y) Pacific Indemnity Pan-Amer Life (NO), 3.252,880 300,163 400,197 2.824.060 6,352,355 15.451,216 9,527,819 254,365 12,757,108 13,967,492 7,272,844 2,164.733 991,253 1,326,705 34% 1% 31% 26% . ■ 9K 2% 1.580.311 25 3 5% 1% 6.244,634 8,180,687 $219464,625 — 400 8 K 5.000.000 12 34 42K 350 2,121.228 65 — 63 K 36 1.000,000 11 9,784,360 19,678,872 897,459 39 1,000.000 60 2,642,443 34 10 3.529,077 $41,796,596 383.858 $18,022,948 29 63 K . 2 Brunswick Fire (New Brnns, N J).. 145 t21.700.845 t27.864.308 1,484.447 11,539,889 New 135 1,421,828 Ask share 1,000,000 5 18,657,475 2,000,000 6,822,050 5.000,000 66,076,028 815,000 373,178 1,500,000 2.500,000 250,000 228,044 5 755,095 834,962 10 4,000.000 12,866,770 20 2,400,000 9,130,299 2 k 3,750.000 51,504,983 10 2,000.000 10.214,569 20 300.000 397,403 25 7,500,000 16,356,502 5 9,397,690 8,029,384 5 3,000,000 8,828,675 5 1.000,000 6,000,000 10 500,000 1.007,254 10 1,000.000 1.187,443 15 2.326.675 4.424,256 20 (Baltimore) 15 K 21K 8 1.000.000 2,544,798 2 10 Nat Union Fire (Pitts) New Amsterdam Cas 23% 10 4 Nat'l Union (Wash)_. 95% 340 14H 19% 210,000 10 Nat'l Liberty (N Y)._ 25 603 325 5 10 _ 6,205,984 $103,115,640 1,224,424 2,148.977 100,222 201,290 5 York National Cas (Detroit) National Fire (Hartf) 21,620.936 3.000,000 $73,418,070 1.215.138 1,979,097 1,000,000 Merchants Fire Assur (New York) com Merchants & Mirs of 8 585 532,498 $16,036,236 1,573,861 2,165,995 ""22" 7 17,274 a3,456 Casualty (Hammond, Ind)__ Continental Ins (N Y) \2 k Eagle Fire (Newark). 2K EmployersRe-ins(KO) 10 Excelsior 5 Excess In# (N Y) Federal Ins (Jer City) 1,000,000 48% 7 Life Commonwealth Life. Conn Gen Life (Hartf) Continental Amer Life (Wilmington, Del). Continental Assurance 100 Maryland Casualty 1 Mass Bonding & ins (Boston) 12 k 14 33K 2,000,000 1.000,000 Y) Lincoln Fire (N Y) Manufacturers Cas'ty 4Phila)_ 45 16% 28 20 sas City, Mo) Knickerbocker (N 7% 43 20 Bid 10 12,000.000 65.269.141 10 •ersey Ins Co of N Y. Kansas Uny Life (Kan¬ _ 100 Reserve Co of Nor Amer I Philadelphia) Jefferson Stand Life.. 50K 29K 70% 23% 22 K 8K 19% 11K (Manchester, N H) _ CoffiL-n- Nat'f 122 110 Central States Life (St Louis) City of NewYork(NY) City Title Insurance Colonial Life (Jersey Premitin 1939 Per insur 10 Capital share Aetna Casualty & Sur Aetna Insur (Hartf) Aetna Life (Hartford) Unearned Surplus 31, Dec. Bid insurance company. 6 K 18% 2% 227 5k 33 K 29 k 109 38 k 60 2H 175 jh 20 26 25 4 2 5% 234 8 35 k 31k 113 40 % 3% 225 404 414 8K 7k 19% 46% 20 K 48 K 63 65 K 6 K 18% 7% 31 k 16 33 K 17 17k $ Policy reserves, also called HEAL Quotation* are aa near a* possible for the Bid Bona*. Abraham Lincoln Hotel (Reading, Pa) 1st extd 4-5a 1945 A&O • ¥ Corp 71 ... 55 — 13 V*-» ©00 Ore * Debenture 4s 1953 J&J Ambassador Hotel (Los Ang)— Non-cum Inc. 3-5s 1950..A&O / Amer Incur Dn Bldg 6s '41.M&N / Arcade Bldg & Rlty (Seattle)— 1st leasehold 3-6s 1948 J&J Arcady-Wilshire Co (Los Ang) Non-cum inc 5s June 11949J&J Arrowhead Lake 7s 1944-47.J&D / Assoc Chain Store Realty— 1st mtge coll 54* 1957—J&J Cum income 6s 1957 A&O AdJ non-cum inc 6s 1957.M&S Assoc Realty Bldg f Los Angeles) Income 5s 1948 (w-s) J&J — 38 524 30 29 Barker Bros Bldg (LA) 6s'47 J&D Bauman (Ludwig)— 1st 5s (Brooklyn) 1947— F&A 1st 5-6s (Long Isld) 1951- A&O Beacon Hotel inc 2-4s Apr 1958.. Bellevue-stratford (Phlla)— 54s 1935 J&D BenJ Franklin 6s ctfs 1933 Berkeley-Carteret 54s '46.M&N Bing & Bing deb 64® I960.m&s Income 7s 1950 w-s .M&s Book Tower (Det) 2-5s *52. (w-s) Boston Insurance Exch Bldg— 1st Lse cum inc (w s) 5s Apr.'53 Boston Parcel Post 3s Oct 1945.. Boston Postal Serv 5 Vis '33.J&J Broadway-Barclay Inc— 1st, 2s 1956.. An June/ Bway Mot Bldg 4-6s 1948—F&A Bway-Spring Arcade Bldg— Non-cum 4-5s April 1 "w.J&D Bway & data St 7» 1945...-J&J Bway & 41st St Bldg 3 4 -5s 1944. Bklyn Fox Corp inc 3s Oct 1 1957 Bryant Pk Bldg (NY) 6 4/45J&J 2-44® extended to 1955. —J&J Bush Term Bldg—See Industrials Butler-Hall 44-5s 1947.Q Mar 25 Cent Manhattan Props 6s'46M&8 / Central Zone Prop 6s w-e'53 F&A Chain Store Depot 6s 1940..M&S Chanin Building— 1st Leasehold inc 4s 1945.M&8 2d Leasehold inc 2s 1945.M&S 3d Leasehold Inc Is 1945.M&S Chesebrough Bldg 6s 1943..A&O Chic Hera la & Exam 64® 50 M.v Circle Theatre extd 6s 1946.M&S GleveTerm blug 1st ds 1941.J&J Cleveland Theatre gen 5s 1944... 64* to 43 13 Grant 38 36 - Columbus-Venetian-Stevens Bldg (Chicago) 1st leasehold inc 3-5s. 1955.... M&S Congress Square Hotel < Port Mot 54s 1940 M&N Copley Squate Trust 44s '41 M&S 3-34-34-48 1940-1947—Q-Feb 76 4 24 14 154 30 15 21 14 4 54 37 13 4 19 204 60 27 29 31" 124 144 14 Hotel Sherman, Inc— 1st 5s 1957 (w 8) Apr ... Hotel St George 4s 1950—.A&O 16 18 68 F&A 47 40 35* 334 7 34 3 95" 44 6 84 57 19 17 66 194 18 4 714 244 14 264 99 30 32 224 Drake (Phna) 6s w-s 1959... Eastern Ambassador Hotel units. 24 ~8~~ 5 34 464 mmmm 16 19 29 32 16 164 AdJ 14 224 Tower 1st fee & Ntimer Bldg— idgl'nold 4-5s 1949-A&0 Ojuv i New Weston Annex 3-4s — 314 33 32 35 N 49 51 N Y 1 J* 21 36~" - - - w-s 1945 J&D Majestic Oorp 4s (w-t) 1956 * 1955— 54*1937 F&A New York Title & 194 62 - - - . __ . 16 18 H 31 30 7 _ - 33 9 25 - 43 - ———J&D/ Without com stock.. J&D / 6s debenture 1951 On Sept / Schuyler-Hudson 4s 1947 ... Sevilla-BUt Hotel 7 4s *37 ctffe— / Shelburn Inc (Atlantic City)— 6s with stock 1959.. / Sherneth Oorp 54s (w-s)...1956 / With stock 48 37 15 40 54k series Q N Y Towers 2-4s . — (w-s) I960".M&S / 1900 ititteuhouae Sq < Phlla)— 1st 60 Park Place Bldg 4s-5s 1947 Sixty-one Broadway Building— 1st s f 34-5s (w s) 1950..M&N Income 3-3 4s stpd 1955.M&N / 24 cum income 64s 1945. (w-s) / North (Station Indus Bldg (Bost) 1st m • f 6* 1902........A&O Olympic Inc (The) Seattle— ist 681943 ---M&N Income 6s 1945 n Nominal. k Last sale. 60 2 4 8 28 23 4 39 98 M&N 324 21 34 63 42 46"" State-Randolph Bldg (Chicago)— Stanley-Mark Strand 64* 1941 3t»nie> Real Est 54® '45 J&D «\V> 21 25 1 2 60 81 95 92 4 6 91 3 1014 1024 75 70 64 66 54 58 144 44 6 744 194 35 105 75 174 4 107 19 5 i . Van Sweringen Co— 1st 6a 1935. F&A / 1st & coll s f 6s 1938.....A&O / Van Sweringen Oorp 6s '35.M&N i 404 Wabash-Monroe Bldg 6s 1953 J&J Wadsworth BldgtNY) 6s *63 A&O 414 474 364 31 534 554 424 44 — 20 72 47 75 6 20 _ 74" Income 3-4s — — 24 1950....Ann Feb Waldorf Astoria (Hotel)— Non-cum inc 5s 1954— .M&S / Wall & Beaver St Oorp— 1st 44s Nov 1 1951 J&J Westchester Bond & Mtge 54s.. Westtnghousp Bldg 4* 1948.A&O Woodbridge Bldg 54® *41—A&O A&O / 23 .... 74 414 36"" 5 18"" 7 24 34 25 101" 534 Wallbridge Operating Co (Buff)— Warner Bros Hollywood Thea— 1st 64® 1941 M&N Washington Properties Inc 7® 1962 30 25" „ Varlck St Sta P G (N Y) 6® 1941 / 45 4 14 34 . 67 344 8 — 78 IV 944 M&N / 64 Steuben Bldg (Chic) 6s 1943 M&S / 1 Stevens Hotel (Chicago) Income 5s W-8 1956-. / 32 Stone & Webster Bldg (Boston)— 101 5s 1947 M&S Strauss-Manhat oonv 6s '33.J&D / 31 Taft Rlty (New Hav) 6s'40 A&O / 22 Income 3s w-s 1951 ...Nov / 23 10 East 40th Street Bldg 5s 1953. 714 Non-cum Inc 6s 1958 J&D / 24 1088 Park Av Oorp 2 4-5®'53 M&S 31 Textile Properties— 20 1st 4-5s(w«) 1958 M&N Textile Crafts Bldg 2d 3s 1944 20 Trinity Bldg 64s i9hv J&D / 22 Trinity Court Bldg 4s 1941.M&S Stamped 2 Park Ave Bldg 4-5s 1946.J&D / 40" 2d fee 3s 1946.......Ann Dec / 84 23 Lexington Ave 2 4-4s '50.F&A 23 29 4th Ave Corp 24s '63 (w s) / 20 29th St Towers Bldg 3s 1942 / 33 2124-34 Bway Bldg 54® -..1943 / 4 2480 Bway Bldg 2d mtg* 3* 1044. 39 Tyler Bldg 6s (w-s) July 1 1953.. / 75 U S Realty & Impt 6® 1944—J&J 13 54s 1942— 24 7® 1940 /Flat price. 8 11 11 264 Speed Building fLoulsviUe, Ky). Mtge— 64s aeries B-I... o>ns series H-K...... 64® ®eries C2 series OW-1........ 64® series Fl...— —I.I— ............ 184 58, - 78 .—.J&J Ann Oct f Schulte Real Estate 6s 1935— Service Station— ' im 5s. 1943Savoy-Plaza Oorp— 3-6« (w-«) 1956- Athletic Oi uo— 1st mtge 2-5» 33 57 Bros Realty, Inc— f deb 6s 1948..-J&D 15 34 24 204 J mtgje inc Apr 16 4>*» 195U National 18 59 84 14 184 M"*rAo »Htan Playhouses— _ 56 ' 27 1st .mtge 2-5 4 s 1950 r &J Nat H ud of Cuba 6s 1959-(w-«) f Nat Press Bldg 3-5s 1950 J&J 4 65 Inc (N Y Montreal Apts Ltd 4) 954.-J&J 'Montreal iusur Exch. Bldge 65 20 1st cum inc 2-54% June 1957San Fran Paramount Corp— 19 Debenture mtge 5s 1945..F&A 32 39 St Louis Post Office— 80 Mayflower Hotel D C) 5s i960.. Mecca Temple 5s 1942— Mercantile Properties, Inc— Sec sf 54s 1916 J&T Merchants Nat Prop 4-6s '58. JxD 134 55 7 54 75 m 30 50 964 63 61 O)— Mtge cum inc 3-6 4* 1957M&N Manhattan Towers 6s 1948.M&S Marcy (The> pa 1940; F&A Mark Hopkins Inc— 1st income 4-6s Feb 1 1952 Marshall-Wells Bldgs 64s'47 F&A 4 82 Properties— 2-6® July 1 1956 An Mar Roxy Theatre 1st 4s 1957—M&S Ruse Bldg. (Sac Fran.)6s'51 F&A St Charles Hotel (Atl Gy) 64s '45 65 61 Lord Nelson Hotel s f 4a '47. M&N Ixwds Court Bldg 54* 1942 .J&D 5 Robert Treat Hotel 1 Newark) 58 ... Dorset Hotel 1st paruc 2s 1957.. Deb 5s series A 1959 —M&S Income deb 6s ser B 1959. A&O Rittenbouse Plaza 24® Jen 11958 30 54® ex stock 1963 Lincoln Mtge Co (Newark) Oum inc (w-s) 5s 1948...A&O Loews Midland Theatre & Office Bldg 6s, 1941—M&N Madison 694 47 17 IV Retail income 6 >*8 w s 1963 —..FA A Macrid Realty 3s.......... 102 22 54 89 Income 5s Oct 1 1943 ..J&J BJdg(Denv) 3-5s'49.J&D 40 Lombardy (The) 6s 1942—-M&N London Terrace Apts 3-4s'52 J&D Lord Bait Hotel g m 64s *45 *&< • 91 42 Hi 4 29 LaSalle Wacker Corp 5s fixed 1957 Non-cum inc 5s 1962 484 cum Repub .944 Ath Club (Chlc> 64* Extend 1st 4-64* 1948 Lenox Hotel Inc 5s 1950 -F&A Lewis Morris Apts 1st 4-5s 1951Lincoln Bldg Corp— W* 36 374 Syracuse Inc 3-6s 1955. M&S Hotel Taft Oorp 5s 1947....F&A Jagels & BeUis Realty 6s '48.M&S f 6s Jan 1 1948M&S LefcouM Mannot Bldg 1st fee 5s 1948——..—J&D Lefcourt State Bldg— 15 13 50 1st Leasehold 3s Jan I 1952.... 1951. Units..................... Lawrence Hotel (Erie* Pa.)— 60 500 Fifth Ave 64s-— Stamped 4s 1949.........J&D / 1500 Walnut Oorp iPhlla)— 1st 6s 1950.............A&u / 6s Lake Sb 18 15 8 164 4 41 Realty Assoc Sec Oorp— 42 Kramon Devel Co 1st fee & leasehold 34®-4s 1952...M&N 33 48 .. 33 154 23 414 J&D Keitb Memorial Bldg 6s 1943.... 25.4 40 6 30 Mtge 103 Hotel 58 514 394 36 1st 20 28 82 1st M leasehold s f 3-4s 1964. J&J Park Place Dodge Corp 5s 1952. Pennsylvania bldg 6s 1939 M&N / 2d non-cum inc'4s 1959.M&N/ 80 " 1st s f inc 34-6s May 1 1948. / Hollywood Knickerbocker (L A) 17 25 itH inc 5s May 1962 Oonv cum inc deb 5s May 1967 / Voting tr ctfs for common..... Poll-New England Theatre— 1st at 5a 1958 M&N Gen income SsNov 15 '83. J&D Prudence Securities Corp— Income 54s ser A 1961..M&N 548 4th series / Qulncy Station P O (Chicago)1st extended inc 5* 1950..J&D 1st fee & i'bold 6s 1942 Herald Square Building— 16 13 50 Plerrepont Hotel 3-4® 1951.-J&J 75 23 46 22 f 3s loan ctfs 1955 F&A Hotel Gibson Corp (Cine) 3^s Apr 1947— Hotel Lexington units 4s '55-M&S 4 Detroit Hotel 64s to 1941..M&S / Detroit Leland Hotel 5s Oct 1 *52 Domin Square Corp 4s *59...J&J Edgewater Beach Apts— Llq Tr Inc 6s w-s '50 Ann Oct Edgewater Beach Hotel (Chicago) Cum inc deb ext 54s 41—M&s / 11 Park Place Corp 4s 1943 M&N 11 West 42d St (NYO) 44s-5s (stamped) '53 M&N 80 Broad St inc 4» Nov 1 1956... 80 John St extd 4-5s 1950—A&O / 870 7th Ave 44® Jan 1 1957 Eppley Hotels 1st sf 3-h« 19ol J&J Equitable office Bldg 5s 1952—. Deb 5s Legended 1952 Exchange Building (Seattle)— 1st s f 3-5s July 1 1955 F&A Ferry Station P O (San Fran)— Ext income 3s 1952......J&D Film Center Bldg 4s 1949 A&o 5th Ave & 28th St Bldg 64* 1946. / 3th Ave & 29th St Bldg 6s 1948/ 5th A ve & 55th St Bldg 4s '55 w-s 15 Park Row 4s w-s 1952....J&J / 50 B'way Bldg 3-6s 1946 .M&* / 51 East 42d St 3s 1956. An Mar / 51 Fifth Ave 4s 1943.......A&O 52d & Madison Office Bldg— • 35 10 55 Pitts Hotels Corp 1st 54* '48M&S Hearst-Brisbane Properties— 1st fee & 1'hold 6s 1938-41 J&D u> Bldg Corp 1st s f 34-5s 1940 Cromwell Oliver) 6s 1939.M&N / De Paul Hospital 1st & ref 194 J&D Harrlman Bldg 6s 1951.. M&N Hartford Times deb 44® *51 M&N _ Court & Remseu St* (ttrooaiy 184 224 Greeley Sq Bldg 6s 1951.....Feb f 43 65 100 93 12 33 80 Park Crescent 6s (whs) 1955..... Park Lexington Co Inc— 90 39 1°** 68 Hotel Drake Oorp inc 3-5s '53F&A / 101 97 Oolonade Construction— 1st s 14-5 Vis 1948(w-s)...A&0 Colonial Apartuieuts 6s 1937 1st M 31 Bldg (Pittsb)— 1st m leaseh 5* J&D Un"ion"f urnplke "(Kew Pantage* • Alex) 6* to 1947.M&N Paramount Bway Corp. (San Diego) Ask 524 184 Orpheum Th & Rlty 6® '46. .M&S Palace Hotel (San Fr) 5s '45.F&A / 35 24-5s 1957 (with stock)—J&D Graybar Bldg (Eaut Offices Inc)— 89 M&N Gardens, NY) 5s 1953 F&A / 165 Broadway Bldg— Secsf ctfs4.4s (ws) 1958—— General s f 2d 3s Aug 1958 F&A / Ore Paramount Corp 4s '57.M&& 90 M&S f 6s *51 6s 1944 4 32 14 s 103 East 57th St Bldg 6® *41 M&N / 103rd & West End Ave— A Income 5s June 1 1942....J&D / 10 110 So Penn Ave (Atl City)— 117-114 4§" 37 J&D f 1940 24 14 30 Governor Clinton Co Inc (N Y C) 1st mtge 2-4s 1952 —M&S Granada Apt Bldg 6s 1938—M&S 684 94 I IV - Gildred Bldg Co 1st s f 6s 1943. 102 14 1st 24-4s (w-s) 1949 J&J 6s 1944 J&J Garrett Buildings (Chicago)— 7 99 99 Bid Bonds. Ask' One Park Ave 2d Fox New Academy of Music 1st leasehold 6 4* to 1941.M&S Fuller Bldg (G A F Realty Oorp) 32 26 - 40 Baker Hotel (Dallas)— 1st s f 5s 1950 (with stk) -F&A Bait Parcel Post 54® 1949..—.. — Bid 1528 Walnut Oorp 6s (w-s) 1951 Forest Lawn 1st M 5s *64—.F&A 40 Exch Place 54s 1956....M&S 40 Wall St Bldg 1st 6s 1958.M&N 42 Broadway Bldg 6s 1939...J&J 48 St Real'n Oorp l-4s—Mar 1952 1400 B-way Bldg 4-5s 1948.J&J 1410 B'way Bldg 3 4s 1941 A&O Fourth & Market Rlty 6s '42-J&J Fox Det Theatre 6s 1942 A&O 29 Oum Income 2-6s July 1 1955.. / 11 Allied Owners Oorp— *-1 1st income 5s 1958 —J&J closing day of the month preceding the date of issue Bonds. Ask 65 Aloany Metropolitan 5 4 -6s 1949Alden (Hotel) 1st3-6s 1957--F&A / Alexander Hotel (Md)4s '42 A&O Alierton N 1 101 ESTATE BONDS 11 4 18 86 50* 46 16 — Banks & Trust Companies STATE AND NATIONAL BANK STATEMENTS Quotations in this department are given per share, not per cent, except for stocks of Canadian Institutions, and are possible for the closing day of the month preceding date of issue, though often are nominal. An asterisk (*) denotes as near as sales. Figures of deposits, capital and profits for the National banks tutions they are the latest obtainable, direct returns the Clearing House banks of New York, deposits are National Banks State Institutions ALABAMA June 29 Capital Surplus & Profits are from the Comptroller's last call; for all other insti¬ being procured by us where no periodic statements are required. For taken from the latest weekly statement. National Banks June 29 June 29 CALIFORNIA Gross Deposits Par Bid Ask Capital Surplus & Profits State Institutions June 29 Gross Deposit* Bid Par Nomi nal. Per Tr & 100,000 k 2,043,421 104,396 500 000 161,195,737 Common al.714,000 Industrial Sav Bank. d 125,000 36,360,809 l5a° 81.700 1,194,217 12,281,08$ 71,091,051 J 25 125 26 Citizens Bk of Sacra. 27 175.000 140,994 4,328,047 50 936,435 26,018,355 fiflO 21H 25H 27 25 777,671 13,869,464 125 35 277,902 64,449 9,465,906 3.329,904 100 85 100 125 20 80 108 25H American Nat Bank. d Mobile— uan first Nat Bank Merchants Nat Bk.. 375.000 1,000,000 1.000.000 289,892 1,815,507 1,765,567 3,648,441 28,597,812 26,047,137 300,000 1,000.000 294,762 100,000 92,629 4.979,048 18,666,577 3,082,624 25 20 250,000 485,000 600,000 270.000 , IU0 N 100 0 100 re cent 100 •a 100 lee mmmmm - - - - • 125 - 59 60 Security Tr & Sav Bk 15M 16 Anglo California National Bank... dl7,920,000 8,529,144 193,830,082 Bank of Calif, NA„ 6,800.000 68,018,954 125,147,510 United States Nat Bk d First Nat Bank 49,06^1 share. 100 B Common........ Preferred 25 150" San Francisco— Montgomery— Alabama Nat Bank. 185,717 1,937,469 35,137,466 1,921,991 6,299,161 1,403,049 Diego- San Diego Tr & S Am^r Nat Bk & Tr Co Per 203,248 1,848,621 San Bernardino- 4,600,000 3.700.000 Preferred 132,794 Sumitomo Bk of Cal. First National Bk— Common 50,000 245,250 145,000 Merchants Nat Bank 100 e Sacramento- share. 50 Sav Preferred $ 125.000 956,250 First Nat T & 8 Bk__ dl.750.000 Birm'ham Bank of Alex Brown. Capital Nat Bank— Birmingham— Bank for Savs. & Trfcs. Ask Nom inal. Union Bk & Tr Oo__ 856,195 10 10 7H \5M 16 20 22 *7 112" Bank of Amer Nat Tr Selma— & Savs Assoc Selma National Bank Selma Tr & Sav Bank d National Banks 2,690,656 1,817,796 232,135 76,828 221,659 400,000 120,000 200,000 342.500 City National Bank. People's Bk & Tr Co. 1,612,190 1,559,704 106,404 102 98 Bank of America. 500,000 Bank of Montreal 1,000,000 Canadian Bk of Com 1,300.000 Crocker First Nat Bk 6,000.000 The San Fran Bank. 6,000,000 Pacific Nat Bank dl,000.000 Weils Fargo Bank & 100 9,572,680 100 9,000,000 8,808,379 290,545,252 6,336,192 431,450 1.200.000 i 100 San Jose— First National Bank.; Santa Ana- J9.481.574 120 600,000 890,152 Commercial Nat Bk. d 139,750 i 142,882 250,000 i Miners & Merck Bk. PhoenixFirst Nat Bk of Ariz. 883,659 215,724 550,000 247,500 Phoenix Sav Bk & Tr 3,726,900 186,662 564,700 435.300 Ji 222,179 17,921,626 t 20 4,561,573 t 25 N Common 600,001 ... Preferred. 1,196,600 Jl,479,976 re [oh cent sa 41,212,836 15 o Its 200,000 1,000,000 550,491 836,960 First National Bk— Common Preferred Stockton— Tucson— Sou Arizona Bk & Tr 250.001 530,367 10,308,601 11R First National Bank. Stockton 8 & L Bank Union Safe Dep Bk__ National Banks ARKANSAS June 29 174 300 171 9,800 10.200 85 75 9,268,444 J100 1100 Preferred----- 100 Valley Nat Bank- 212" 216" 285 1,800,570 12H Common........ Per 362,755 36 H 33 % p 7,500,000 7,500,000 Union Trust Co Yokohama Specie Bk American Tr Co- Bisbee— ,221 Bank of Canton State Institutions June 29 ARIZONA June 29 100 25 100 ,805,779 1496022002 ,217,422 18,854,965 3,549,468 138,859 100 5,281,278 296,031 100 17,720,922 500,123 100 ,270,863 159,876,459 100 ,224,040 170,475,895 1000 62,000,000 1,500,000 303,755,263 11,152,036 275^ 285 29 H 32^ 49 H 46 H 100 155,186 5,076,684 11,972,024 2,689,222 60,000 148,164 1,794,747 N 100 375,000 i o 20 100 re cent 100 sa les State Institutions June 29 JSom tnal. Fort Smith— Per share. 275.000 500,000 500,000 Merchants Nat Bank 2,360,886 8,480,954 10,250,473 100 665,047 152,057 45,647 11,533,482 4,605,487 1,287,881 20 N 25 re cent 300,000 185.500 663,000 First National Bank. 137,757 657,266 599,930 300,000 200,000 100,000 City National Bank. J 445,464 15,075,109 J 20 120 50 100 25 Little Bock— Commercial Nat'l Bk Peoples Nat'l Bank.. Twin City Bank Union Nat Bank— Common Preferred W B Wort hen Co 494.829 19,248.888 25 sa Nom inal. o Colorado Spga.— 100,000 400,000 National Banks June 29 b 114,625 1,028,126 2,326,659 Preferred class A__ First National Bank. 100 American Nat Bk CALIFORNIA Central Sav Bk & Tr d 400 State Institutions June 29 Per Farm & Merch Bank Western Tr & Sav Bk d 1,000,000 223,000 811,639 241,363 18,162,662 3,376,114 N 100 sa o 3,892,145 121,202,885 5,000,000 3,000,000 5,326,407 124,706,307 5,579,775 142,582,990 24,000,000 32530463 599,443,448 /25 140 20 les 23 Union Bank & Trust. OaklandBank of Commerce.. Central Bank Farmers & Mer Sav. * 40,327,588 331,600 i 87,032 2,000,000 2,785,323 300,000 i 289,170 3,547,540 46,635,244 12,175,410 9,335,090 5,458,088 100 50 100 194,000 165,689 J 94,281 39,665,787 /100 \ 100 1,933,028 35,117,599 63,758,190 1,555,713 983,756 100 N 60 o re cent 100 sa les "ioo 27,682,953 20,130,831 100 21,554,245 2,206,724 100 100 100 4,965,145 /100 (too 95 ~ Sale price. a of San Francisco. Calif. Outstanding preferred stock consists of $1,014,000 1st pref. of $20 par 2nd pref. stock. 100 Common Preferred... Pasadena-First N Bk d 75,220 t Controlled by the Transamerica Corp 45^ 100 6,024,481 44 90 J 25 2,945,791 Pasadena— Citizens Co ml Tr & S First Tr & Sav Bk— Security i*at Bank.. 100 24 385 Secur-First Nat Bk— 8,000,000 2,500,000 100,000 Preferred 20 100 759,585 500,000 350.000 30.000 Pueblo Sav & Tr Oo Common 21 Citizens Nat Trust & ... 1100 410,251 Common 1.000.000 11,882,122 Preferred 300,000 Colorado State Bank 60.000 141,116 Denver Nat Bank 1.260.000 2,068,295 First National Bank. 1.600.000 4,079,357 National City Bank. d 46,913 100,000 Union National Bk d 57,957 100,000 U S National Bank.. 2,446,034 550.00U International Tr Co. 2,379,559 600,000 Pueblo— First National Bank. 500.000 1,716.417 Minnequa Bank.. 5,000,000 800,000 Preferred 2,735,016 (100 6,127,817 9,647,587 . share. re cent 50 Los Angeles— California Bank— Common. 140,667 369,379 Colorado Nat Bank Nomi nal. Savings Bank Farmers & Mer Nat 100,000 1 65,000 300,00U 300,000 Common Exchange Nat Bank. 100 12,739,291 Long Beach— Preferred share. Colorado Spgs Nat B Denver— Pine BluffNat Bk of Commerce Simmons Nat Bank. Common Per Colorado Sav bank.. les value and retirable at $50 a share, and $700,000 of b March 50 26, 1940. 25 682,729 550,000 11,172,273 450,000 I 150,000 300,000 72,347 307,441 14,905,333 /25 /30 May 19. 1938. d Common and preferred stock outstanding, / June 30, 1939. 0 Revision San Diego First National Co., controls 97% of the First National Trust & 8avin«s Bank of San Diego, Calif \25 2,700,996 4,028,064 Savings deposits. a 300.000 c 1 Dec. 30. 1939. I Last sale price. 20 100 p k Oct. n Par value 100 yen. 2, 1939. New stock. the stock and banks August, 1940] National Banks June 29 connecticut 103 trust companies National Banks State Institutions June 29 Surplus Surplus & Profits Capital Bid Par Miami— Nomi nal. Per 396,410 26,122,007 139,364 \ Preferred 1,988,584 30,429,261 j Black Rock Bk A Tr. n Bridgep't City Tr Co nl,580,349 North End Bk & Tr Common 2nd preferred West Side Bank— 31 29 25 40 38 240,937 1,257,917 1,047,518 174,640 4,504,198 203,772 2,197,403 166,986 4,384,679 226,025 175,440 110,687 Hartford Nat Bk A T Industrial Bank Pnoenix St Bk 8c Tr. East Hartford Tr Co Hartford-Conn Tr Co Park Street Tr Co Riverside Trust Co.. Bk & Tr Co 300.000 875,855 100,000 400,000 1 Common 25 25 23 26 30 44 110 125 20,180,366 100 135 160 r 20 35 40 ! 20 100 413,619 6,310 ,194 6,080 347 500 115 70 Travelers Bk & Tr Co ,181,022 13,512, 820 100 400.000 200,000 488,701 151,606 5,896, 042 3,933 745 100 Exchange Bk St Aug St Augustine Nat Bk 75.000 1,420 464 2,500 ,676 100 200.000 37,565 60,666 200.000 397.989 9,063,001 25 100,000 f 1.250,000 44,789 609,503 ,184,981 204,121 1,071, 228 19,225 341 20,813, 244 2,046 546 100 100 100 100 125 125 100 150 175 100 60 70 100,000 76,761 2,181,,598 100 200.000 321,473 8,129,711 109 Pensacola— 25 60 270 25 25 20 25 Florida Nat Bank... 68 73 25 48 Tampa— Broadway Nat Bank 25 13 Exchange Nat Bank. 25 43 First National Bank. <*1,000,000 First Sav & Tr c<> 500.000 25 23 50 10 26 34 "28h 295" tioo 100 St. 6100" i/ioo" 11,496,999 4,257,333 1,803,507 388,333 94,417 6,113,800 1,745,575 25 25 12 100 125 140 1,599,672 25 10 15 2,825,946 100 97 105 100 100 Beach Fla Bank & Trust Co. West Palm Beacb At¬ 15 None 100 Petersburg— West Palm 944,581 278,569 138,236 200,000 100,000 200,000 American Nat Bank. Olfc A People's Nat Bk 8t. Augustine— 100 69,081 100 25 68.000 240,203 46,309,512 2,186,164 Preferred share. 160 100 323,165 132,000 100 1,187,193 I 100 100 3,925,199 100.000 _ .... 3,999,233 7,762,293 17,611,532 1,787,238 88,264,410 59,567,503 3,974,570 3,666,735 2,141,351 130 130 100 13,795", 189 Florida Bank. Palm Beach 30 So End Bk & Tr Co— 60,000 \ Ask Orlando- 1100 / West Hartford Tr Co Winds""- Trust Co... 3,013,669 37,257,023 100,000 f 158,674 989,069 84,187 437,210 126,202 First National Bank. Preferred ... Per $ 200.000 1,200.000 Little River Bk A Tr Miami Beach First Preferred Hartford— Capitol Nat Bk A Tr Conn River Bkg Oo. First National Bank. Glastonbury Bk A Tr Bid Par First National Bank 100 2,018,442 / 25 uoo \n 258,330 Common.. Amer Bk A Tr Co... First National Bank. First Trust Co Florida Nat Bk A Tr National Bank... 1,938,952 j Common Si ma bury 6 5 25 \n 49,460 ... share. H *"42" \lH 1 1st preferred Deposits Ask Nomi nal. BridgeportFirst Nat Bk&TrOo Common Cross & Profits Capital Cross Deposits State Insiitutions June 29 florida June 29 lantic Nat Bank.. 175 35 100 25 d Meriden— Home National Bank Meriden Nat Bank.. Meriden Tr&SDOo 600,000 / 160.000 / 100.000 Puritan Bk & Tr Co. Mew Haven— Amer Bank & Tr Oo. 160.000 n 108,869 53,989 212,500 n 164,142 20 21 National Banks 112,625 / a Co Atlanta— 1,191,725 35,681 Per American Sav Bank. Cltls A So Nat Bank. First National First Nat Bk A Tr Co 882.000 «'ommon 1,203,500 }l,157,157 800.000 1,110,347 750.000 Preferred 965,087 New Haven Bk NBA Second Nat Bank Trad em en's Nat Bk 170,000 170,000 1.458.700 Common Preferred Un % N R*t«D TrCo ... Hew London— Nat Bk of Commerce 103,701 j 1,236,434 40 [ 50 30.335.126 i 45 50 10,708,038 50 13,970.393 645 "59"" 62 69 72 1100 19,796,585 104"" iI6" 100 553,399 4,834,006 100 122,934 183,979 50 re cent 100 sa les 25 19 100 110 n Win thro d Trust Co.. a 212.500 68,663 660.000 200.000 Norwich— Thames Bk A Tr Ur^w-Mwoh Nat Bk Stamford— First-Stamford Nat'l Bank A Trust Co. n 2,388,394 1,956,327 907,883 n 422,505 188,714 3,462,037 1,796,813 5.4QO.OOO 1.000,000 0 Augusta— Georgia RR Bk A Tr 100 1.000,000 200.000 700.000 1,345,456 716,516 1,196,093 12.319,999 5,801,672 9,760,594 75.000 200.000 r5.000.OOO 145 165 155 175 Oltfs A So Nat Bank 100 145 155 Liberty Nat Bk A Tr Bavann ah Bk A Tr 600.000 940,971 12,261,252 160 100 600.000 Colonial Trust Co.. Waterbury Trust Co 8,696,506 3.864,107 200.000 1 Debentures 14 100 155 100 100 110 100 80 90 100 135 145 100 35 40 100 210 230 14 k 100 15^ 14 x 10 100 80 100 62 2,117,649 100 30 ji* 50 122,000 25 106,412 "85" 55 100 National Banks Institutions State idaho March 26 Nomi nal. Institutions State delaware June 29 147 h 15 X tio 32 June 29 National Banks 785 142 Citizens Bk A Tr Co 27Yi 5,909,749 / 25 750 3,584,168 103,500,797 5.170,378 276,995 5,637,147 288,261 r5,000,000 500.000 645.000 a Common 261,000 300,000 \ 184,000 500,000 2,240,136 204,647 300.000 ....... 260 Savannah— Water bury— Oltis A Mfrs' Nat Bk Water bury Nat Bk— 230 15H 29^ "75" "85" 3,584,168 103,500,797 t 10 100 U535.500 88,624 10 7,465,477 294,556 110.000 e share. 14X 28 H 100 7,317,913 2,366,496 2,353,809 1,359.754 3,462,296 1,143,667 140,862 237,227 32,989 379,810 200.000 nitlsASo Nat Bank. 100 100 342,486 3,418,506 10,327,222 672,182 3,584,168 103,500,797 3,698,244 299,434 March A Mech Bank Macon— 120" First Nat BkATrOo Stamford Trust Co : "•Itls A So Nat Bank. rfi.oon.oon Nat Exchange Bank. e 250,000 Oolumbus— nolumbus Bk A Tr.. 9 850.000 First Nat BkofOol.. 900.000 fourth Nat Bank. Some Savings Bank. 39,944,356 /100 uoo too 3,732,254 100 38,997,823 .1,641,679 750.000 Otly Bank A Tr Co.. fidelity TitleATr Co 100 823,578 122,178 ,548,168 103.600,797 t 10 10 ,558,218 127,288,033 200.000 r5.000.000 Preferred 475.000 Ga Sav BkATrOo.. a 990,000 Trust Co of Georgia. «2.000.000 69 3,380,361 1100 342.832 / 300.000 / a Bank Fulton Nat Bank— Common 42. 300.000 New London City National Bank Union Bk A Tr Co.. Common June 29 Nomi nal. a Community Bank & Trust Institutions State georgia June 29 Boise Citv— June 29 Per share. * Idalst NatBk ofBoise Nomi nal. Per share- Wilmington— 314,149 210.000 500.000 /4,575,783 625.000 1,168,668 734,083 203.175 915,239 1.000.000 1.500.000 2,813,076 672.600 nl,035.340 4.000.000 12,306,183 Central Nat Bank— Farmers' Bank Industrial Trust Co. Union Nat Bank Delaware Trust Oo._ Equitable Trust Co. Security Trust- Co Wilmington Tr Co.. _. . 2,287,267 18,088,448 3.989,686 5.069,080 14,381,524 19,740,070 11,053,103 92,651,405 100 110 60 300 25 750,000 Preferred 550,000 First Security Bank. al,050,000 125,000 Boise Trust Co Common 26,961,359 n 0 cent 28,330,866 78,273 1,286,866 56,820 N re |1,107,863 100 100 sa les 100 42 25 62 100 165 25 Institutions State illinois 133 50 National Banks 65 60 207 June 29 June 29 Nomi nal. Per Aurora— Aurora Nat Bank. Merchants Nat Bank Old Second Nat Bank Na"j°?£ 29n*s dist.of columbia Per Washington— a City Bank a 145,000 Liberty Nat Bank... 475.000 250,000 100,000 1,000,000 500,000 Lincoln Nat Bank... 400.000 Columbia Nat Bank. Bank of (Jomm A Sav Hamilton Nat Bank. McLachlen Bkg Corp 340,000 a 1.050.000 200,000 800,000 Nat Bank of Wash. Nat Capital Bank— Nat Metropol Bank. 208,356 2,149 ,020 10,114 ,912 5,750 ,111 4,230 ,825 29,953 314 8,612 401 11,723 223 6,187 131 11,566 066 2,455 604 1,917,763 . 86,232 510,274 622,761 326,708 1,162,880 487,347 978,944 28,313 263 235,898 840,324 share. 160 10 25 30 100 200 220 100 300 20 29 100 168 100 ~ 100 100 100 100 100 260 275 100 125 150 4,084,367 100 20 30 69,160,944 6,016,391 7,564,752 2.771.488 11,039,449 159,365,408 1,421459289 t 419-,898 3,867,283 100 180 40 19 190 22 250 230 265 Nat Sav A Tr Co— Common 100 200 1,302,295 1,916,411 2,539,746 6,445,569 13,012,840 24,751,431 100 o re cent 100 sa Ies 65 100 100.000 / 300.000 83, 418 1,651, 589 167, 134 251, 002 111, 270 261, 647 a 250.000 85, 153 40 28 100 10 15 ~18~ 98 10n 94 33i, 100 72 100 175 104.000 4,045,523 I 20 85,465 1 30 96.000 40 440,000 202 379 8,467,408 100 1.000.000 Drovers Nat Bank 1,111 199 32,276,517 100 30.000 000 40,075 902 1,140723524 First National Bank 100 781 442 200.000 First Nat Englewood 5,312,319 100 Tainted Exch Vat Bl< 200 000 271 648 8,348,456 Preferred 223 florida 220 75 * State c Institutions June 29 Sale a Jacksonville- Per Florida Nat Bank. 1.500.000 (/1.500.000 50,000 Spr'field Atlantic Bk 1,608,895 1,813,877 1,507,641 39,475 56,867,972 10 31,033,132 45,595,337 100 25 1,130,366 share. 1034 205 210 June 30, 150 206 230 199,911 1,930,655 .25 185 26 28 ' of the Atlantic Group In Florida. Affiliate of the First National Bank of Atlanta. Ga. 1940. Member of the Florida National Group. the Barnett National Bank cf Jacksonville. Florida. k New stock. I Last sale. n Dec. 30, 1939. Combined statement. t Trust 100.000 140 200 210 175 • 1939. h Affiliated with r 0 21 "30" Includes preferred stock or debentures outstanding. / March 26, 0 100 Lakeland— Florida Nat Bank ":/5~ price, d Member 9 Barnett N B of Jack. 74 266" t Branch of Savannah. Nomi nal. Atlantic Nat Bank.. d3,000,000 17 33 -- b Retirement price. June 29 30 100 Common Drexel State Bank. a National Banks • 85 50 172, 297 A.OOM.ni Otty Nat Bk A Tr Co 3,559, 906 Oont 111 N B A Tr Co 50.000.000 50,213, 035 1.500,000 533, 125 Oosmopollt'n Nat Bk District Nat Bank— 76^ 19,903,812 1380,000 Pk 285 101 2,209,166 262 ,448 Oont Nat Bk A T Co 183 Wash Loan A Tr Co. 1,398,630 2.881.487 6,977,918 2.660,972 Aetna 280 167 Union Trust Co 47. ,537 225 ,528 N 100 Chicago— Beverly State Shv Bk Central Nat Bank— 5,886,733 117,504,451 f 100 1.000,000 1100 a 60 Second Nat Bank 500,000 509,687 9,344,102 100 Secur Sav A Com Bk a 510,000 / 433,226 .8,811,136 ▲mer Secur A Tr Co. 3,400,000 5,477,761 56,933,222 100 Income debentures 100,000 / 300,000 / 347,000 150,000 Avenue St Bk Oak 155 270 a ~32" 120 100 100 3.000.000 Munsey Trust Co 100 180 50 Preferred 1,000,000 250,000 2,000,000 1,000,000 1,000,000 4,410,740 5,867,366 3,511,525 400,000 State Bank.. a Am Nat Bk A Tr Oo. a1.600.000 200 ftfw > Austln State Bank 200 50 Belleville Nat Bank Belleville 8avs Bank. First National Bank St. Clair Nat Bank-- 100 Riggs National Bank Common 215,719 353,882 45,907 Belleville— Nomi nal. Anacostla Bank.. a share. 160,000 300,000 375,700 / funds. 11 Stock all owned by Travelers Insurance Co. x Ex-dividend. 104 RANKS National Banks June 29 & Profits Capital COMPANIES National Banks June 29 State Institutions June 29 ILLINOIS Surplus TRUST AND State Institutions IOWA June 29 Gross Par Deposits Bid Ask Gross Surplus & Profits Capital Deposits Nomi nal. Chicago (Cond.) Kaspar An State Bk LaSalle Nat'l Bank-- < Lawndale Nat Bank Common 275.000 325.000 . 200.000 200.000 MerchandlspNat' I Bk Mercantile Nat'l Bk- 500.000 600,000 Merchants Nat Bk-. 200.000 Metrop State Bank MId-Oity Nat Bank 200.000 400.000 . Mllwauket A v N't Bk Mutual Nat BkofOh 200.000 400,000 Nat Bk of Hyde Park Nat'l Boulevard Bk_ 600 00n National Security Bk Nat Stkyds Nat Bk_ 1,000,000 200.000 300 000 North Shore Nat Bk_ < Oak Park TrAHav Bk 200,000 500.onn Personal Ln A Sav Bk 2,ooo,nno Pioneer Tr A Sav Bk i 750.000 Sears-Cotn State Bk. 400,000 Skala Nat'l Bank. 200.000 South East Nat Bank 200.000 South Shore Nat Bk_ 200.000 State Bk of Clearing Terminal Nat Bank (Jniv St Bk of Chtc_. 20O.000 150,000 i Upper Ave Nat'l Bk- 300.000 . Western 8t?<te Bank. Chic City Bk A Tr Drover* Tr A Sav Bk 296,000 300.000 200.000 i 400,000 300.000 gnn.noo i 541,000 20 2,651,597 7,154,989 5X 7X 50 d 82 87 Per 125,000 200,000 77,123 82,723 2.367.019 2,951,775 Guar Bk A Tr Oo 200,000 n 122,839 500,000 £2,085,658 250,000 n 157,338 43,020 50,000 n 2,920,513 33,419,110 4,900,053 1,077,779 183,932 224,810 3,116,487 4,695,409 3,663,574 27,670,391 100 225 20 58 62 5,906,459 6,871,868 24,183,558 18,861,622 7,834,409 3,556,312 12,009,740 7,342,582 12,781,347 3,938,560 19.355,793 9,754,791 1,681,646 43,136,985 117,324 4,990,562 598,126 10,471,261 1,677,226 6,982,401 950,658 23,081,577 497,255 11.282,320 86,380 3,443,082 305,879 9,213,237 85,789 2,742,041 90,774 3,303,363 294,940 7,842,354 405,306 7,195,822 516,439 7,974,121 393,421 10,645,127 £ 203,836 3,918,448 515,156 9,389,145 431,633 5,560,814 1,106.212 27,126,778 481,281 12,490,026 85,660 1,281,210 11,697,056 287,967,869 371,045 13,371,197 1,554,901 33,464,174 10,636,869 378,573,534 464,461 10,637,137 100 165 175 People's Sav Bank.. United State Bank.. Council Bluffs- 200.000 Harris Tr A Sav Bk. Lake snore Tr A 8 Bk 6,000.000 < 736,000 Lakeview Tr A S Bk. Northern Trust Co.. S.ooo 000 Pullman Tr A Sav Bk 300.000 Elgin— Elgin Nat'l Bank... 100,000 k 14 no Merchants Nat Bank 100 120 130 City National Bank. 150,000 100 235 250 115 120 Coun Bluffs 8av Bk. First National Bank. 150,000 100 100 125 130 Common 100 90 100 ino 108 113 Preferred State Savings 20 25 29 ion 11 110 15 200 215 150 160 100 15 50 125 "25" "30" 67 62 100 139 143 100 160 175 25 35 38 100 '150"" 160" 100 20 100 70 100 190 100 TOO 100 50 70 80 100 100 110 100 23 28 100 288 298 50 65 69 100 265 478 170 600,000 2,271,385 31,842,731 21,372,325 125 125 100 550,000 11,204,875 23,925.720 1100 Oes Moines— Common Preferred Cap City State Bank Cent Nat Bk A Tr Oo Common Preferred He* M" olnesBkATrOo A First National Bank. National Banks June 29 65 75 1,219,291 1,705,277 20 18M 20 17 50 51 First National Bank. Kansas City — 50 50 55 Comm'l N Bk of K O Common 60 65 Exchange State Bank 100 200.000 Capital notes. 75,000 150,000 k 126,483 1,661,842 ioo 100.000 k 15,125 632,499 sa 157,066 35,032 39,963 129,011 6,273,796 100 979,867 703,069 1,589,764 100 471,967 328,741 345,188 12,547,076 6,139,095 100 9,607,933 40 757,225 355,050 533,770 10,232,216 6,256,357 13,716,355 100 185 195 50 110 120 100 130 140 3,957,269 /66»i !--85 75 n State Springfield MarineBk 500.000 .National Banks June 29 INDIANA State 40 150,000 fc 150,000 50,000 £ First National Bank. Leavenworth Nat Bk Manufac'rs State Bk Common i 500.000 400.000 77.500 200.000 Indiana Tr A Sav Bk- 137,500 Lamasco 100,000 Bank 190,134 20,539 34,306 100.000 Kaw Valley State Bk Nat Bk Nat Bank of Topeka State Savings Bank .50.000 Merchants' 100 000 i 100 175 100 160 100 100 110 110 Preferred Union Stock Yds Nat i 1,057,288 100 100 500.000 223,500 11,094,080 1,932,966 100 150 100 Common. 500,000 416,420 16,383,902 1100 Preferred 600.000 i 100 ... Mutual 1,665,000 1.200,000 718,706 22,231,527 o les 100 2,253,520 2,703,443 881,126 100 100 c 100 000 110.000 90.000 100.000 11,698,402 1100 2,287,751 100 405,733 59,240 215,544 631,999 35,875 41,505 1.361,165 1,411,083 35,195 283,752 [ 100 2,728,224 1,042,615 fioo \ 150 100 593,738 125 7,686,322 150 10,312,167 75 1.542.273 125 1,415,729 100 28,119,121 26,258,378 1,197,999 225 250 100 100 100 2,718,967 4,026,893 f 621 1 62'j 50 1.100.274 176,816 37,805 a62^ 125 100 June 29 150 KENTUCKY Tnstif State Hons June 29 101 8,285,911 Lincoln Nat Bk A Tr N re cent sa 110 National Banks Peoples Savings Bk-_ Fort Wayne— 100 110 160 Old National Bank— Uoo |£ 51,020 c 100.000 200.000 Ssuthwest Nat Bank Union National Bank Common 59,930 810,065 36,578 National City Bank. share. 100 11,303,632 r 10 I 10 2,935,050 100 100 1,322,286 100 6,804,011 100 5,215,182 69,481 1.000,000 1.000.000 Kansas State Bank.. 225 100 299,424 6,920 s 500.000 200 share. ; 200.000 100 15,947,342 1,291,745 1,478,483 1,481,912 441,729 3.662,859 4,915,581 168,066 259,278 29,306 S.OOO 100.000 ... Topeka State Bank.. Wichita— First National Bank. Institutions June 29 Per 1,036,588 275.000 100.000 175,269 73,000 229,796 503,283 7 Bk. Fourth Nat Bank... 500.000 100,000 164,900 255,022 200.000 Fidelity Sav State Bk Gua-anty State Bank i\otni nal. Kransville— Citizens' Nat Bank_. Citizens Tr A Sav Bk Franklin Bk A Tr Co i 253,061 434,000 Preferred 600.000 300.000 102,685 300,000 ... Central Nat Bank Central Trust Co 100 Springfield— First National Bank. IlUnols Nat Bank State Institutions June 29 Per Citizens State Bank. 500.000 k les Topeka— 100 Illinois Natl Bk A Tr < sa Leavenworth— 129,425 200,000 244,000 o re cent 6,007.561 MOO 100 7,395,442 6,718,085 100 2,675,875 100 KANSAS 250.000 Security Nat Bank.. i 200,000 100,000 Co 295,000 320,735 407,471 247,129 121,648 150.000 .... Preferred 200,000 125.000 200.000 10 100 Nomi nal. Hutchinson— American Nat Bank. First State Bank State St Bk A Tr Co Rockford— 100 6,700,000 178,676 les River view 50.000 n 0 100 Peoples Bk of Qulncy S'thSideBk of Qulncy 100 9.946.020 5,169,461 rec ent 100 Common Debentures 1100 6,261,950 492,361 400,000 250,000 300,000 250,000 100,000 Woodhurv Co Sav Bk 50 Common.... 41,254,599 1100 N First National Bank 180 N Jefferson Tr ASav Bk North Side Bank 300,000 250,000 Live Stock Nat Bank Toy Nat Bank Security Nat Bank.. 11,561,442 26,220,556 15,456,752 Mercantile Tr A 8 Bk alOO 50 Sioux City— 827,274 Quincy— B'dway Bk of Qulncy 111 State Bk of Qulncy 2,187,989 880,955 Dubuque— 600.000 South Side Tr A Sav B n 80,135 31,870 1,750,000 11,424.208 1,250,000 341,710 150,000 100.000 j 180,239 125 Trust Oo: Preferred VaRav Sav Bank 100 5,110,403 f 2,855,955 tl00 450,000 150,000 50,000 t First Fed State Bank tewa-Des Moines Nat 2.000.000 660.000 Com Mer Nat BkATr 100 100 750,000 11,017,139 250,000 149,102 150,000 a Bankers Trust Oo— 1,587,507 8,446,901 2,268,831 300,000 1100 488 100 1,518,586 1100 100 275 100 cent 100 68,734 1,961,654 First National Bank. Amer Tr A Sav Bank i 100 o sa les 100 85,097 Common.. 33 75 200 30 N re 20 100 100,000 Bank 100 25 100 Bank. ........ 100 share. 100 100 Oavenport— Davenport Bk A Tr. 20 100 80,000 1 20,000 103,158 701,722 185,194 Pint Nat'l Bank.. Union Nt Bk & Tr Co f Peoria— Cent Nat Bk A Tr Co Swedish-Am Nat Bk. Third Nat'l Bank... Burlington— Farmers A Merch 8 B Nat Bk of Burlington Cedar Rapids— 485,264 1,627,793 11 Ask Nomi nal. j 399,612 218,732 315,805 1,331,965 617,876 345,867 83,213 195,210 215,891 453,827 142,518 968,306 322,011 Bid Par share. no East Side TrASav Bk 500.000 Per 12,741,320 1,000.000 Natl Bank Main State Bank Amalg Tr Ac Sav Bk. Banco di NapoL Tr. 284.075 218,343 300.ono Preferred Liberty Nat'l Bank Lire Stock Nat Bank M adlaon-Orawford Uptown Natl Bank S $ 25n,onn 500.000 i\omi rial, Covington— 100 Ft Wayne Nat Bank N 480,000 340,000 Common Preferred Dime Trust A Sav Bk Debentures People's Tr A Sav Co Gary Tr A Sav Bk.. < i o 400.000 200.000 k 880,400 46,291 20 16,541,468 re cent 20 250,000 b 25,298 300,000 £1,283,730 ..... Gary— Gary State Bank 776,475 sa 1,162.744 12,130,277 20 20 17,814,377 3,718,447 100 100 les 1,000,000 11,468,456 725,000 preferred. 100,000 Live Stock Exch Bk. 4,oou,oou i i Fletcher Trust CoCommon South Bend— American Trust Co.. City Nal Bk A Tr Co First Bank A Tr Oo. Merchants Nal Bank St Joeepb Bk A Tr Oo Terre Haute— 6t»u,000 281,000 725,000 ... Union Trust Co..... 325,000 1,500,000 11,119,596 ..... Indiana Trust Co... Security Trust Oo... 65.000 i,2ou,000 People's State Bank. i Bankers Trust Oo... Fidelity Trust Co... < Debentures 2 OO,001 j 50.000 Madison Ave St Bk Marion Oo State Bk. Merchants' Nat Bk. 1,000,000 I I 38,796,585 1,211,599 48,988 2,638,925 399,200 1.000,000 347,000 500.000 k 600.0i)U| 250.0001 200,000 k 10 41,013,494 117,315 2,461 ,769 9,059,764 145,828 ,734 k 201,935 1,301 ,246 k 26,733 1,003 ,476 k 12,446 586 ,431 2,430,240 36,097 ,795 78,597 2,361 ,150 401,406 3,348 ,292 161,916 4,719 ,441 125 100 18,170,788 4,384,743 25,032,658 104,887 191,336 495,447 238,992 136,185 3,406,826 4,927,623 11,333,674 4,723,931 5,363,743 Preferred ........ .... |£ 159,994 Haute First Nat Bank- Common........ 750,000 I Preferred 250,000 150 Preferred First Nat Bk A Tr Co Second Nat Bank. 705,733 100 108 "54" Louisville— Citizens' Union N B. 47 100 83" 50 290 30 300,000 £ 280,732 3,283,969 100 133 1,597,589 10 4 356" ^Newport— 'W 35 6 135 American Nat Bank Newport Nat Bank.. 100 c Sale price. Citizens Union e Affiliated o cent sa les 3,122,531 1,761,126 2,677,034 £ 395,266 £ 148,885 £1,120,481 696,247 £ 1 12,680,150 3,154,415 3,003,383 3,786,494 H 4X 10 50 100 "loo" 103" 300 100 215 225" 100 335 340 65,215 ,278 1001 9,476 047 100/ 106 42,214 772 2X 26,273 767 100 2,689, 443 100 5,608 019 100 16,992 405 100 1,658 734 250 265 100 105 IX 130 2X 140 100 125 135" 198 19,372 893 1.452, 504 10 6 100 25 1,795,703 6,019,099 100 100 "f" 26 \ * 100 100 245,000 136,605 1,138,414 525.000 £ 108,740 United States Tr Oo. 10 10 60 10 1.000.000 2.000,000 1.000.000 Liberty Natl Bk A Tr <1,800.000 Security Bs.nk 300.000 KeutuckyTltle Tr Oo «l.000.000 Lincoln Bank A Tr.. 750.000 Stock Yards Bank. loo,.»oo 'Louisville Trust Oo <1,965,000 ... 140 100 20 16 500.000 £ First National Bank. 160 '176 6,237,788 rioo ,100 19,988,650 U alon Bank A Tr Oo Fidelity A Oolum Tr. N Terre — 230" 220 re 240.000 250.000 10 share. 175 200,000 l£ 83,604 340,000 1.000,000 1,237,043 150,000 £ 375,416 150,000 £ 262,689 Security Trust Oo 240 Merchants Nat Bk.. Common 16 alO 100 100 100 100 100 J100 100 i Common...... 14 10 100 100 100 4,827,220 5,564,565 6,236,204 1,754,106 Lexington— Sauk of Commerce.. ... Common 461,262 316,234 329,342 75,368 Citizens Bk A Tr Oo. Indianapolis— Fountain Sq State Bk Indiana Nat Bank.. 200.000 250,000 517,500 £ 150.000 £ Pssp-Ltb Bk A Tr Oo I OovlngtonTrABkgOo i 120 90 American Nat Bank. Class A r>er Oltlsens'Nat Bank.. First Nat Bk A Tr Oo with 100,000 £ 100,000 148.900 525,897 Pref. stock retirement price. b Oct. 2, Fidelity ualfied certificates. d New stock. the First National Bank of Louisville. a 1250 1939. f The Union National Bank of Elgin, Elgin, 111., changed its title on July 3, 1940, to the Union National Bank A Trust Co. of Elgin. g June 30. 1939. h Member of Northwest Bancorporation. i Common and oreferred stock or capital debentures outstanding. £ March 26, 1940. I Last sale, n x Dec. 30, 1939. Ex-dividend. National Banks June 29 Baton Rouge— City National Bank 300,000 240.000 . Common Preferred New Orleans— J 636,788 300,000 200,000 . j 520,960 . _ 1.000.000 500.000 2,103,096 1.500,000 1.200,000 1,639,092 1,026,085 41onces 8 T> A Tr Oo 280.000 248,174 167,168 157,814 22 HaverhillHaverhill Nat Bank Merrimack Nat Bank (20 200,000 300.000 1,004,521 209,126 2,158,225 Holyoke— Holyoke Nat BankCommon. Preferred ~ 302.500 311,000 250,716 7,781,273 138,081 2,498,208 \20 20 (20 25 70 32,004,339 23,138,908 9,266,543 100 175 180 100 100 140 110 lis" 1,325,683 919,531 1.000.000 1.000.000 700.000 National Banks 402,926 20 Common 100,000 Preferred 141.000 Hartley Falls Tr Co., dl ,400.000 700,000 710,000 513,111 757,597 o share. 37" '35 25 600.000 419,131 20 6,124,205 300.000 511,129 4,022,884 703,547 12,569,248 1.000.000 r Essex Trust Co... 100 8,459,467 11,262,652 Ba^retataMer Nat Bk National Bank Lynn— Mfr's.-Cent. Nat Bk Per Depositors' Trust Co 65 iioo kppleton Nat. Bank. Union Old Lowell Nomi nal First Nat Granite Bk J100 401,892 610,603,096 Lawrence— June 29 Augusta— 100 Park National Bank ""25" Institutions 8tate maine June 29 345" 86 2,984,887 1,785,578 3,419,746 6,009,755 Shreveport— First National BankCommercial Nat Bk_ Cont'l-Am BATrCo 107 325 7.412,954 160.000 120.000 1100 20 7,941,273 9,170,095 3,811,836 500.000 1.500.000 11,699,575 56,241,483 1.200,000 249,875 3,637,393 208,000 2.800.000 7,613,642 146,203,632 Common Preferred Louisiana SB & T Co Whitney Nat Bank.. ) 90 34,182,293 (100 * 297,498 615,196 327,157 ) 427,500 800.000 Safety Fund Nat Bk GloucesterJape Ann Nat Bank GHouc NatBk of Glou 175 160 10,992,504 (100 t 80 60.135,924 Ask Fitohburg— Amer Bk & Trust Co Common Preferred Hibernla National Bk Common Preferred Nat Bk of Commerce Bid Nomi nal. Per share, 400,000 n'aJj River Trust 110 Par Deposits $ Fall River— F.il River Nat Bank B.M.C. Durfee Trust 25 20 HO 11,425,619 Cross Surplus & Profits Capital Nomi nal. Per shate. $ Common Preferred Louisiana Nat Bank Ask Bid Par Deposits 105 massachusetts s,a'«!?<on' June 29 Cross Surplus & Profits Capital Institutions State louisiana trust companies and banks August, 1940] 250.000 100.000 Lynn 8 Dep & Tr O© Security Trust Co.-. 20 211,101 6,860,353 485,363 5,665,786 656,372 6 3,582,873 917,131 6 9,857,433 500.000 400.000 100 100 20 New Bedford- Bangor— ; first National Bank. Merchants' Nat Bk. Eastern Tr A Bkg Co Merrill Trust Co— 1.000,000 200.000 275,181 1,015,120 100 9,764,433 8,415,838 658,093 o 12,738,321 100 714.500 500.000 600,000 400.000 Preferred f l les 20 20 8alem 600.000 200.000 First Portland NatBk 1.000,000 Nat Bk of Commerce 400.000 513,676 213,053 995,170 373,237 98 100 25 19 22 25 34 37 20 38 100 9,260,773 4,582,337 17,327,396 8,149,711 0 75,777 1,890,415 100 127,234 3,312,092 50 1 991,203 7.555.217 812,366 3,361,824 15,846,039 31,464,622 15,673,176 14,221,755 2,627,863 248,403 338,105 2,376,659 4,557,010 100 1,171,878 489,468 16,147,127 5,712,261 100 10 Peabody— Warren Nat Bank—- Portland— Oanal National Bank Casco Bk <k Tr Co 7,408,830 10,164,557 6,362,738 350,000 cent Common 470,621 903,363 497,048 1,000.000 1,577,591 1,000.000 01,933,429 194.250 220,921 Merchants Nat Bk_. Safe Deposit Nat Bk o 200.000 — Merchants Nat Bank N&umkeag Tr Co— Common. 41 250.000 250.000 200.000 ..... Preferred....... Springfield- National Banks June 29 maryland Stat* Springfield Nat Bank dl ,600.000 Tatrd Nat BiT On._ 1.500.000 Institutions June 29 Springfield 8 I> A Tr. Union Trust Co Nomi nal. Baltimore- Per Bait Comm'l Bank.. 500,000 383,215 6,445,499 10 Baltimore Nat Bank Common 600,000 11,232,653 45,305,600 110 Preferred o share. 4 H Taunton Calvert Bank i o 533 688 11 ,030,424 50 90 Canton Nat Bank.. i o 196 815 4 ,051,280 100 50 Carrollton Bk of Bait First National Bank. Nat Cent Bk of Bait. Nat Marine Bank--. Western Nat Bank.. 370,000 250,000 80.000 4,000.000 o 400,000 600.000 750.000 400,000 257 124 1 ,803,876 6,705 284 232 ,357,558 533 673 7 ,369,855 791 735 6 ,286,052 567, 512 14 ,306,390 10 * 33 A 12 15 17 65 13 A 1,196, 200 21 ,632,571 43,301,550 10 Safe Den A Trust Co ,745,090 1.000,000 1,500,000 1.500.000 03,902,919 275,616 600,000 o 2.000.000 4,325,126 100 100 Union Trust Co 3,000.000 1,843,416 27,273,719 1,578,948 41,301,043 52,005,957 201,911 6,029,015 100 89,416 100,000 \o 99.500 500.006 o 178,374 1,665,955 (25 7,332,829 50 4,247,435 15 j! Mercantile Tr Co... Real Estate Tr Co.. CumberlandFirst Nat Bank-—-. d Peoples Bank— Common 100 50 100 25 Capital notes—. 600.000 400.000 Worcester Co Common 15A 1.000.000 Common. Mechanics Nat Bank Gaaranty Bit A T Co 70 2.000,000 1 ,974,352 44 ,327,332 Equitable Trust Co. Fidelity Trust Oo__ Maryland Trust Co 2 90 100 30 20 25 143, 544 1,376, 364 Colonial Trust Co 200.000 300.000 Tr Oo 1,000,000 12,570,726 639,965,539 ( 1,500.000 J 1 ........ 54 Class A- 35 10 10 " National Banks State MICHIGAN June 29 Institutions June 29 "50 "240" 250""" 70 75 410 10 Second Nat Bank 425 SA 9X Nomi nal. Bay City- Per Natl oi bAj City. 100 N cent 985,505 10,494,755 20 sa 168 o 85,035 o 500,000 A Savings Banko 95 share. 100 362,503 2,731,148 6,373,146 re 300,000 400.000 Bay City Bank People's Commercial 392,000 o 100 I 28h 150,000 lo 117,739 291.000 Common Capital notes.. 60 I 50 94 99 2,160,000 14,338,543 178,451,622 1 3,570,000 1 3,000,000 5,541,527 157,625,434 20 43 45 50 lOO" 110' 506,015,244 I 10 33 75 12A Common Preferred Mfrs National Bank- 973,976 100,000 100 528,211 4,668,724 5,255,331 34 t 25 129.102 1,837,114 J15 435,837 69,211 4,024,373 1,711,270 100 10 25 I 10 21 23 Preferred Fr'k Town 8av Inst. West Maryland Tr.. 40,000 65 70 ""lo 12 14 1,729,803 f 10 1 i° 20 2,318,899 (713,420,631 100 716,083 g 4,680,973 4 190 c25 195 7 8 309,660 1 129,837 Second Nat Bank 367,000 200,000 Hagerstown Trust Co 150,000 o o 342,815 268,504 91,596 1,929,394 6,236,090 100 4,060.184 10 2,144,120 10 10 Cam mon 2,0 id,000 o Un Guardian Tr On_ 500,000 cent Wayne Oakland Bk_ 300,000 o dl .000.000 sables — Boston S Dep A Tr_. Columbia Trust Oo_. 20 20 29 20 20 30 35 24 20 18 2a 20 20 10 12 18 22 17 20 10 10 26 28 50 "23" o 899,298 392,131 77,511 440,642 22,791,265 9,592,973 3,074,527 6,650,172 250.000 700.000 400,000 123,846 625,452 680,785 2,239,560 11,417,874 10,270,018 ,000,000 12,534,263 ,125,000 250,000 486,973 ,200,00b 710,683 47,877,211 3,980,775 2,911,919 20 11 30 Peoples Nat Bank-.s. 370 58 65 21H 22 130 140 50 2.000.000 04,087,548 100.000 o 234,599 4,530,173 46 50 'lo Old Kent BankCommon..... Preferred Union Bank of Mich. Michigan Trust Oo. 100 a295 100 . g Saginaw— Saginaw Nat'l Bank- 50 50 50 a400 *10 100 195 100 Second N*' w*n)» A Trust Company— . 305 357,000 249,291 7,854,582 20 1,250,000 d 2,667,492 30,577,605 100 . 5 320 U 8 Trust Co— Common 700.000 11,416,603 n 300.000 146,260 2,683,311 100.000 287.373 109,109 4,169,216 1,773,500 500.000 600.000 518.374 527,639 8,260,697 6,846,427 10 9 10 1 450.000 100.000 12 ' 11 14 100 / 100 200 100 160 Bank- 20 37 160.000 savings Retirement 675,744 7,241,425 521,067 4,797,133 1,733,015 623,505,637 g 818,781 10,092,333 100 10 450 18 A 20A 20 77 82 10 stock or capital notes outstanding. 4 Trust balances. Dec. 31, 1938. I Last Sale. 0 March 26, 1 Affiliate o deposits. price. i 300.000 1.000.000 600.000 Stock has to be offered to board of directors. b Includes / Convertible pref. stock entitled In liquidation to $20 a . 50 Everett— Middlesex Co Nat Bk Sale price. d Common and preferred - Jambridge— Cambridge Trust Co County Bk & Tr Co. Harvard Trust Os • a c . drookton— Home Nat Bank.... 25" 13 ------ Day Trust Co 1.250.000 01,777,792 d Fiduciary TrustOo 692,330 500.000 o New Eng Trust Oo__ 1.000.000 03,403,378 Old Colony Trust C< *5.000.000 5,283,264 Pilgrim Trust Oo.__ 400.000 589,094 State Street Tr Co.3.890.000 7,433,187 Convertible pref— Winthrop Trust Co.. Beverly— Beverly Nat Bank.. Beveily Trust Co-.. 32. Grand Rapids— 41A 25 690,931 1.000 000 6 43 Centra) Bank Per 12H 148,412 5 5 41 First Nat Bk & Tr Co A'omi 10C 10 1,000.000 0 250.000 1 400.000 Merch A Mech Bank Nat Bank of Flint— 12H I Flint— Genessee Co Savs Bk Boston— 96,742 226.340 — Co Oit Com A Savs Bk_ First National Bank. 27.812.500 53,813,198 Merchants' Nat Bk. 3.000.000 5,711,830 Nat Rock Bk of Bos 3,104,966 1.600,000 Nat Shawmut Bank. 10.000.000 o20909397 Second Nat Bank.. 2.000.000 6,018,252 g 24,691,634 Equitable Trust Co- Detroit Trust 90.000 18,018,679 0 444,873 1,200.000 Bankers Trust Co— Preferred Hagerstown— Farmers & Merc Bk_ Nicodemus Nat Bk J14689.695 750,000 11,445,041 400.000 488,240 500.000 461,542 Common...... Preferred Wabeek State Bank. 115 150,000 150,000 9.211,875 United Savings Bank Frederick Co Nat Bk Common 8.250,000 Preferred Frederick— 100.000 125,000 20 Nat Bank of DetroitCommon Citizens' Nat Bank. Farm A Mech N Bk. 2,341.355 667,659,197 Commonwealth Bank d3,600.000 Detroit Bank— Liberty Trust Co— Brockton Nat 16 ■ Detroit— Capital notes Wsb A Atlas N Bk 25 Worcester----- 52H "54"" 10 — Machinists' Nat Bk. Bristol (bounty Tr 25 120 800.000 WestSpringflold Tr x * Units. n March 26,1940. 1940. of First National Bank of Boston. Ex-dividend. share. 35 1275 106 BANKS National Banks June 29 MINNESOTA Capital Bank of Oomm A Sav 100,000 fton.ooo 337,582 150,000 2,000,000 9a,000 1,36^,797 Duluth NatT Bk First A Amer Nat Bk Minnesota Nat Bank : State Institutions June 29 Deposits $ 43,324 Olty National Bank TRUST National Banks June 29 Bid Par As* 950,373 7,941,584 1,961,700 30,834,169 100 100 50 of Duluth 400,000 1,000.000 100,000 100.000 269,360 497,043 54,560 23,323 Blooming'n-Lake NB b 100,000 Oentral Nat Bank. k 150,000 Fifth No'west'n N B. e 100.000 First NatBk A Tr Co 56,000,000 113,328 43,397 Pioneer Nat Bank Western Nat Bank.. fc N 7.697.368 cent les 100 100 66*3 Minneapolis— Hennepin State Bank Marquette Nat Bank b 100,000 355,000 947,775 100,000 k Midland NatBk A Tr k Minnehaha Nat Bk b N'western Nat B A T Common 5,000,000 1.350,000 100,000 50,000 100,000 125,000 79.600 Preferred 4,594,213 136,843,545 J100 WebsterGroves Tr._ 5,803,959 0100 2,094,871 e 290.000 589.500 139,500 ... National Banks June 29 4,213,089 15,716,497 9,238,326 100 20 3,095,002 841 3,564,891 680 5,970,666 751 183,353,276 20 6 100 20 85 36 100 115 130 100 604 6,566,462 107,710,464 3,259,235 4,412,662 2,973,944 3,157, 209 45 398 318 944 229 985 I 17,063 30 70 25 25 20 27 100 les 175 70,259 100 100 100 •State Institutions June 29 200.011 195,134 240,881 N o 300,000 100.000 901,937 12,970,848 1,421,952 100 re cent 41,008 100 sa les 600.000 638,215 14,275,631 0— 10,236.132 0100 4,817,502 0100 100 2,834,843 100 3,594,369 Butte— First National Bank. 10 H Metals Bk A Tr Co. Helena— First Nat Bk A Tr Co Union Bk A Tr Co- 600.000 289,679 Common........ 250,000 190,000 264,125 Preferred 8,302,996 /100 1 inn 0100 State NEBRASKA Institutions June 29 State Institutions June 29 Nomi nal. Lincoln— Per 682,445 Depos Gu Bk A TrOo Jackson-State N Bk. 9,658,013 18,348 636,021 421,377 731,400 297,000 1,019,876 13,754,362 8,325,933 J 30 140 10 100 100 65 Per share. Continental NatBk— share. Capital National Bk- Oommerc'l BkATrOo share. 200.000 150.000 100.000 Miners Nat Bk Nomi nal. 100,000 50,000 28 Per Midland Nat Bank.. Montana Nat Bank. Sec Tr A Savs Bank. cent sa 100 Jackson 300,000 \ 4 27 Nomi nal. re Banks June 29 ... 118 \100 MISSISSIPPI PfAfflPfATl 75 sy2 n 100 2,762,107 10,643,699 2.319,158 482,558 I MONTANA National (Jommon Ask 120 100 BillingsNo 5,238,129 1100 _ National Banks June 29 Bid Par 8H 100 31,803,651 100 5,171,484 100 2,038,054 142,070,532 0100 e*l0M 100 2,364,400 100 8,524,224 6,371,321 elOO DrovExchState Bank ok 200,000 78,212 First National Bank. 06,000.000 7,540.390 First State Bank 115,900 g 100,000 : EmplreNatBkATrOo ek 455,000 268,610 Stock Yards Nat Bk. * 256,937 250,000 : Midway Nat Bank Common........ 100.000 [I 335,227 130,000 Preferred.... First Trust Co 512,214 01,000,000 i 219 141 912, 163 814 c 100.000 I * Union Nat Bank * Southern Missouri Tr * 1.518.369 1,227,727 1,700,213 el 00 3,067,272 elOO 1,324,658 158,490 65,233 Boehester— First National Bank. a 159,9/1 200,000 Union Nat Bank * 77,415 125,000 St. PaulAmerican Nat Bank. *1.682,000 1,202,312 Commercial State Bk * 454,353 150,000 : Gross Deposits Springfield— Citizens' Bank i100 35,820 16,665 143,268 500,000 1,000,000 1.000,000 Miss Val Trust Co.. 6.000.000 Msnnd City Tr Co * 241.559 Nsrth St Louis Tr Co 300.000 2,563,840 5100 1,915,658 47,076 1,928,800 el 00 8,219,076 150,122,826 b 20 27,823 100 948,009 320,533 100 6,237,898 672,564 18,619,427 el 00 49,256 2,033,938 5100 Produce State Bank. b 2d N'west'n State.. « Third N'west'n N Bk e 4th Northwest Nat'l. * University State Bk * St. Louis (Concl.) Telegraphers Nat Bk 433, 496.492 I Chippewa Trust Co. * 11, ■aston-Taylor Tr Co * 250,000 I 40, Llndell Trust Co.. 400,000 I 270, Merc Com BAT Co- 10.000.000 7,046 Mercantile-Com merce Nat'l Bank. 366 350.000 o sa 100 12,205,857 1,148,560 943,097 Surplus & Profits Nomi nal. Per share. Tower Gr Bk A TrOo United Bk & TrOo.. 100 State Institutions June 29 MISSOURI Capital Nom inal. Per share. % re Northern Nat Bank. COMPANIES Gross Surplus & Profits Duluth— AND Common........ Preferred 350.000 284,000 254,438 588,427 1,083,504 20,496,644 11,426,797 1,500,000 500.000 1,348,222 28,535,008 13,454,320 100 13 160 40 798,161 1,800,000 200,000 2,112,312 45,577,555 (100 155 165 e 75 First National Bank. ~15" 350,000 iiP* 175 190 160 175 Live Stock Nat Bank Meridian— a 100 \100 1,000,000 Nat Bk of Commerce Omaha— First Nat Bank 11,317,771 r 100 100 100 20 150 225 165 250 Omaha Nat Bank— Oltlsens Nat Bank.. First National Bank. 253,200 320,000 Mer A Farmers Bank 236,500 136,449 235,441 135,073 3,616,895 3,138,328 4,654,678 100 80 50 68 85 70 50 62^ 65 t Vicksburg— First Nat A Tr Co— March NatBkATr Co 295,02lj 5,388,416 8 277,1051 500,000 300,000 4,924,423 100 Common Preferred Packers' Nat Bank: Common South Omaha Sav Bk Stock Yards Nat Bk Common National Banks June 29 MISSOURI State Institutions June 29 olty Nat Bk A Tr Co Columbia Nat Bank. Commerce Trust Co Community State Bk First National Bank. inter-State Nat Bank ^ 74,394 Preferred U S Nat Bank 400,000 170.000 |Z 253,364 «1.100.000 ... 1,217,154 e 2,838.900 53,777 /100 \100 924,201 25 8,007,680 (100 1100 26,328,414 100 33,565,352 1,181.874 100 Nomi nal. Kansas CityBaltimore Bank.... 121,000 79,000 50,000 Preferred Z140 uoo Per 100.000 600.000 500.000 6.UUO.OOU 100.000 2.000.000 500,000 Lunwood State Bank. 100.000 Merchants Bank 2,389 ,194 79,197 176,894 34,983 ,384 173,696 7,278 ,436 263,960 184,046 ,943 76,756 1,321 ,789 079,836 132,301 ,385 653,236 21,849 ,468 1,695 ,349 89,434 203,997 3,350 ,687 200.000 110 340 75 200,000 192.000 Capital notes 353,482 9,319,323 NEVADA 360 100 National Banks June 29 120 100 85 100 100 132^ 142^ 90 100 100 420 295 100 100 100 225 100 Ishare. Per 600,000' Security National Bk 325 135 200 Nomimai. Reno— First Nat Bk of Nev. d 470 100 Merc Home Bk A Tr Common. share. 100 100,000 1 1,516.314 20,302 100 . m'jS'2°anks NEW HAMPSHIRE 170 Missouri Bk A Tr Co Common 110.000 I 90,000 50,000 200,000 100,000 100,000 ........ Preferred Park National Bank. Plaza Bank of Oomm Produce tfxch Bank. Southeast State Bk.. 71,617 50,000 50,000 400, OUU Preferred Stock Yards Nat Bk. Traders' 43,166 109,209 109,021 57,555 i 25',962 * 550.000 I 100 2,461,598 1,418,327 100 100 100 616,435 J100 Common 1,000,000 Preferred 7,464,900 174,011 8,807,294 62 H 100,000 100,000 100,000 Burnes Nat Bank First National Bank. First Trust ou FirstStJoaSt'k Y dsBk * Tootle-Lacy Nat Bk. «.^.^ire Trust Co Missouri Vail Tr * uu. * 200,000 200,00U 500,00U 100,001 250,000 200,009 200.000 129,000 tfc. JbOUlS— "95" 100 110 65 50 "266" 225' Common 50 «•«*«•« 107,500 Preferred 230,716 7,882,119 3,980,362 455,106 9,664,097 100 N o None 100 re cent 3,976,475 8,108,223 sa les 200,000 2.000,000 400.0UO Cass Bk A Tr Co.... 300,Ouu First Nat Bank 10.200.000 industrial Bk&TrGo 750,000 Boatmen's Nat Bk.. Bremen Bk A Tr uo_ Jefferson Bk A T Co- Common.... Bank. 281,854 135,848 97,396 102,853 /l0 115 100 100 100 Preferred Manufacturers A No'western Nat Bk. Bank (The) — Sec Nat Bk SavsATr trlaza Southern Common a 2,485,760 Savs Bank 580,00U 169,980 7,049,663 79,214 400,000' 100,575 3,379,058 (100 100 re cent 33,389 1,579,171 100 sa les 300 150 N 0 NEW JERSEY State Institutions June 29 Per 400,000 500,000 225,000 [c 1,184,566 1 — Asbury Park— AsburyPkNatBkATr Asbury Park A Ocean (20 4 15 100 20 75 100 32 120 100 Grove Bank 705,270 100 761,571 7,649,478 6.214.859 86.794 1,294,835 Share' (100 «■»«»'«. 150 — 10 1 3 10 "50c" "75c 105 17 20 • fc — Seacoast Trust Co 34 125 38 105 __ 549.975 333,447 5,822,645 100 70 300,000 100,000 179,524 125,978 3,399,048 935,203 10 5 3 200,000 Z 33,995 450,152 2,007,413 50 10,060.228 100 400.000 5 80 7 3H mmm mm 75 "39" 95 Bayoune— * Broadway Nat Bk Bayonne Trust Co.. J100 72 a c Retirement price. * Sale price. 1,643,881 J100 U00 624,021 296,184 294,388 404,416 156,304 762,873 13,280,528 6,721,512 11,421,284 7,908,473 4,161,962 11,655,035 82,140 3,58? ,882 5,425 258 255,555 March 26, 1940. d Owned "20" e 419,000 i 80 b First National Group. 3,694,053 Oommerc'l South Side Nat Bank 130 100 250,000 I 75,000 J Preferred 100 88,136 350,000 280 100 590,559 6,349,272 6,467,711 6,844,624 100 601,408 100 2,753,153 61,517,914 5,529,811 220,567 6,111,063 ,762,223 260,999,650 677,800 14.426,010 50,000 Manchester Bank— Mutual Bk A Tr Oo.- 561,914 0 Nomi nal. 'ioS 1,107,452 200.000 100,000 600,000 500,000 500,000 675,000 200,000 las Atlantic City— 100 2,770,118 81,449 ,439,753 327,9/6 Bank Trust Co.. cent sa National Banks June 29 I5B" 95 150 \20 Lemay Ferry Bk A Tr Common re 100 Equitable Trust Co— 50.00U Capital notes Jeff-era vols 100 4,048,572 200.000 Guarantee BkATr Co 105,806 2,958.659 400.000 Boardwalk Nat Bank 155.384 615,798 272,242 100 2/2,233 6,463,365 600,000 Rk 1,078,482 1,147,787 2,309,956 N 100 965.865 200.000 ...— Na* 136,287 26,609 202,669 92.500 Baden Bank 200,000 150,000 200,000 10 8 Amer Exch Nat Bank Common Preferred New H*mn 27,495,238 Joseph— American Nat Bank. "95" Nomi nal. Per share. Manchester— Amoskeag Nat Bank Manchester Nat Bk. Merchants Nat Bank Nashua— Indian Head Nat Bk Nashua Trust Co— Second Nat of Nashua Portsmouth— First National Bank. 784,368 950,000 Union Av Bk of Com University Bank.. Westport Ave Bank¬ 'l20" 1100 293,687 Onion Nat Bank— et. 1.930,726 3,239,520 City irate Nat'l Bank 130 115 1100 South Side Bank— Common 1,636,727 J100 al00 by the Transamerica Corp.. San Francisco, Calif. Member of Northwest Bancorporatlon. / Last sale. 0Member First Bank Stock Corp. 20 15 85 43 * Preferred stock and common stock or 49 20 20^ 22 20 20 25 29 100 50 20 19 , i Dec. 30,1939. 100 50 I March n 26, capital debentures outstanding. 1940. Price applicable to 100,000 shares of beneficial Interest, which In turn represent 3,500 shares of $100 par stock of the Mercantile-Commerce National Bank of St. Louis, Mo., held by the trustees. 0 21 s American National Bank of St. Paul affiliate, Member of the Guardian Detroit Union Group Inc.. Detroit, Mich National Banks June 29 NEW JERSEY Institutions Stats National Banks June 29 NEW YORK June 29 Ask Bid Par Deposits 107 companies Cross Surplus A Profits Capital tbust and banks august, 1940] Surplus A Profits Capital State Institutions June 29 Cross Par Deposits Bid Nomi nal. 100 30 35 100 20 45 8 50 243,100 574,000 248,000 90,760 279,001 133,962 Oamden— FIrstOamNatBATCo <12,150,000 1,038,734 26,101,159 12X 49,841 1,319,078 1,449,216 36,365,415 Farm A Mer Nat Bk. k Merchantville 2,256,458 5,153,603 1,766,151 8X SX 2K last OrangeAmpere Bank A TrCo 200.000 Sav Inv A Trust Co: Common Preferred...... o 489,970 160.033 6,098,535 5,844,909 100 100 1,034,409 636,465 577,447 9,474,446 10,320,949 7,887,857 100 400,000 675,000 Blnghamton— City National Bank, 400.000 600,000 <500,000 first National Bank. Marine Mldl'd Tr Co 62,466 o 315,051 95,600 3 10 3 769.165 ...... 35 3,279,835 33X 18,717,697 Brooklyn—State B ankA 1X in LI Elizabeth— National State Bank Central Home Tr Co Elisabeth Trust Co.. Union County Tr Co Hoboken— Seaboard Trust Co.. 71,771 228,067 46,671 642,456 / <11,114.345 401,703 7,147,993 17,289,922 4,070,423 4,308,418 14,082,969 o 294,837 2,912,977 ■lisabethport BkgOo d 400.000 e <11,278.000 d 500.000 82,222 d 500.000 Jersey City- First National Bank. 2,225.000 Franklin Nat Bank.. d 200.000 Hudson Co Nat Bk— Common........ Preferred Nat Bank of Auburn Auburn Trust Co.— o 1250 100 60 t 4X "lx Nat'l Bank & Trust Co. d 220.000 Camden Trust Co... d2,734,750 _ Auburn- share. Per $ Bridgston— Brldgeton Nat Bank. k Cumberland Nat Bk_ k Ask Nomi nal. Per share. 1,250,000 1.500,000 100,000 ..... I,501,750 93,811 n .. *10 3 1 T" 10 2X 35,979,965 f 25 3X 65 3 Common 385,427 1,085,578 69,929,461 821,668 Preferred A Long Branch— Long Branch Bkg Co 2,852,848 .... 100 25 50 r30 10 566,176 X X Bank of Commerce of Newark 150,000 ......... 600,000 884.000 Banking Co.. National State Bank 3.000.000 500.000 d 526.980 304.000 1.622.500 <17,000,000 2.500.000 <1336.300 600.000 Fidelity Un Tr Co... Merch A Newark Tr. Union National Bk.. Unlted States Tr Co. West Side Trust Co. New Brunswick 459,514 116,856 200,000 100,000 Lincoln Nat Bank Franklin Wash Tr Co Mt Prospect Nat Bk. Nat Newark A Essex Clinton Trust Co... Columbus Trust Co. Federal Trust Co 42 71X ~76H 1530 100 1480 52,273,974 100 125 110 25 10 50 2,139,079 1,032,840 11,328,737 16,275,305 20 150,433 534,637 5,167,096 9,718,696 100 25 413,238 12,808,653 5 5 25 122,837 1,022,425 Nat'l Bank of N J... <f Peoples Nat Bk..... New Brunsw TrCo— 49,618 396,348 53,437 150 81 50 50 1,224,806 10,878,200 7,203,688 1,251,452 100 100 25 14 1,548,876 51,521,633 2,222,920 30,997,919 59,030 3,460,812 : 99,164 2,038,608 1,236,331 36,920,841 8,690,570 163,636,544 1,700,733 19,655,934 137,883 3,035,006 583,880 5,531,346 354,097 11,657,859 100 100 o o k . 395,011 497,957 860,000 300.000 1X 8 45 2X 2H 1H 50 490 25 h 15 8 19 5 10 • 242.500 75,000 200.00C 500,000 400.000 Nat Chautauq Co Bk ..... 157,300 , 2,289,847 6 22 25 18 20 60 25 25 5 18" *20* 8 6 No 25 100 861,937 8,104,106 100 275,202 4,485,866 6,841,659 275.956 o cent les r30" 10 100 4,804,975 60 3 2X '155*' r20 102 J* <50 478,043 20 200,000 432,181 889,193 300 15 350 100 250.000 150.000 160.000 1,858,129 10 100 100 525.000 149,035 108,392 530,290 524,347 N New York City— Deposits N ew fork Ci are of Aug. 1940. Sur plus and p 1, June 29, for National and 1940, for of banks and trust companies in New Yo found in our "Ba ilway" Sec Hon, pdges 1,186,121 4,266,313 6,657,557 0 re cent sa les 100 and ty banks are repo rted net rofits are of date June29 State banks, a 1940 record di ridend rk City and Broo klyn 210,211,212 213, 214 54,700 650,000 7,150,700 6,000,000 13,940,700 234,957,000 Bk of the Manhat Co 20,000.000 28,662,581 635,093,000 Bank of Yorktown 833,665 s 7,099,247 1.000.000 Chase Nat Bank.... 100.270.000 134090.954 3039385,000 Comm'l Nat Bk A Tr 7,000.001 8.639.467 123,209,000 Fifth Ave Bank..... 500,000 4,115,360 61,062,000 First National Bank. 10,000,000 109530,449 Grace Nat Bk of N, Y 1,600,000 2,221,858 Merchants Bk of N.Y 316,400 400,000 Nat Bronx Bank.. d 346,000 745,000 National City Bank. 77.500.UMO 79,491,200 NatSafetyBkA Tr Co dl .014,300 1,156,915 Penn Exchange Bank 328,146 d475,000 Public Nat BkATrOo 7.000.000 10,067,706 Schroder Bkg Corp. 5,000.000 3,157,073 . re | 10 I 60 KingstonFirst NBkof Rondout Nat'l Ulster County Bank of Kingston. Bondout Nat Bank. Amalg Bank of N Y. Bank of New York— 10 sa Common Preferred. 471.273 North A West Hu dson— 1st Nat Bk of Un City d 289,283 4X 57 be m ay an d 215. 55 20 10 11,278,669 6,744,987 *19*" 16 State of N Y Nat Bk 125* 15 3,027,401 1,563,786 8 6 {i° 250,000 ....... Debentures "A".. Debentures "B"__ $ r 50 1,658,587 9,502,850 50 100 100 Bank of Jamestown— 35 25 5 7,338,155 7,297,847 85* Kingston Trust Co.. 200.000 600.000 1940. 50 100 33 100 Jamestown- 27 25 4 396,948 400,581 37,771 870,707 500,000 29, 8 158,528 10 2,178,123 8,068,790 97,735,236 17 10 6,754,763 165,817,381 ( 32 t 4X 650.000 Union Trust Co.. First National Bank. National Iron Bank. American Trust Co.. Morris town Trust Co Mt. HollyUnion Nat BkATrOo farmers' Trust Co.. Newark- |3,131,068 o 400.000 The First Nat Bank. 230.000 _Morristown— date June 29, 1940. 3,511,300 3,497,300 3,469,800 9,371,100 6,292,200 120,833,427 55,596,767 Ithaca- First National Bank. Tompkins Oo Tr Co. 4 Common Common...... 143,800 83,400 278,400 362,400 6,964,300 6,575,191 ns 3 30 52,724,540 10,425 ( 2,200,000 2,500.000 Debentures Llncoln-E Side N Bk d 200.000 Mfrs A Trad Tr Co. 5.000.000 Marine Trust Co.... <8.500.000 Elmira— Chemung Can Tr Co 800.000 Elmira Bk A Tr Co.. 800.000 _ o Cofretur bankk June 117,400 Liberty Bk of Buffalo ., ..... 62 600,000 II,754,152 4.000.000 Commercial Tr N J North Bergen Tr Co. Trust Co of N J— "15" 12 1 51,751,675 100 3,671,682 37 H 94,251 3.400,000 3,879,029 21,678 100,000 o Bergen Trust Co.... 20 25 Tru st National Bensonhurst Nat Bk d 200.000 Citizens Bk of Bklyn l 240.000 Flatbush Nat Bank. ! 225.000 Lafayette Nat Bank. ! 840,000 People's Nat Bank.. ! 550.000 Brooklyn Trust Co.. 8.200.000 Kings Co Trust Co.. 500,000 Buffalo- Sterling Nat B A T.. 1.500.000 100 100 10 66» 13.55 "310" 325" 15X 100 163 620 100 100 1655 100 721,366,000 s41.507.100 s 6,369.800 100 50 s 10.547.400 2604795,000 12^ sl8.551.161 s 3.293,582 136,924,000 17 X s22.578.605 2,631,369 s29,489,285 "*25 12ft 17 40 "32"" 30 169 660 1695 I l-*t Oi 1 120*" 45 24 H 10X 9X 26X 20X 12X 11X 31X "27" "2§" Nat Bk of W N Y— Common Preferred. Hamilton Nat Bank •f Weehawken _ 100,000 42,750 ... ... Liberty National Bk Guttenberg • Oom-Mer Tr Un City Gutt'b'g Bk A Tr Co 100.000 .. Weehawken Tr Co J 1,000,000 100,000 400.000 . Huds Tr Co Un City. <11,995,030 d Woodcllff Trust Co 145.000 33,845 n 142,694 28,993 1,425,131 35 2,413,439 | 50 1 50 82,354 o 285,973 163,133 365,000 01,113,898 n o 24,732 r50 100 20 10 100 175 10 8 25 30 1,418,578 12,047,378 4,359,280 8,772,194 26,958,228 1,516,929 2 2 2,699,917 571,948 33,733,759 6,068,505 162,300 64,371 70,276 o cent 100 les Fulton Trust Oo 30 32 25 2.000.000 1,000.000 90,000.000 1,000.000 5n,oootono 20,000,000 Fiduciary l>ast Co.. Guaranty Tr, st Oo. . First National Bk— Hellenic Bk A Tr Co. Common.. 680,000 Preferred. 520,000 Haledon Nat Bank.. 97,000 Nat Un Bk of America 290,000 Paterson Nat Bank.. 600.000 Second Nat Bank... 1,500,000 Paterson Sav Inst... <12,000,000 Prospect Pk Nat Bk. 150,000 Citizens Trust Co— Common........ 600,000 Preferred 594.000 C S Trust Oo— ...... ' 631,449 62,178 43,827 ,551,906 940,410 ,196,429 497,808 122,762 13,918,683 /100 I 60 Common 600,000 Preferred 58 Irving Trust Co..... J P Morgan A Oo Inc "75" 100 12 ~65~ Lawyers Tr Co..... 70 25 28 25 25 26 Mfrs Trust Oo: Common Convertible pref.. 50 160 100 1,536,034 2,619,560 14,890,969 17,622,789 28,232,950 6,680.723 20 50 50 8,746,931 / 32,998,440 8,749,520 6 Marine Midi Tr Oo.. 6.000.000 New York Trust Co 12,^)0.000 Pan American Tr Oo 600,000 17,559,571 J100 \ 18 Savings Banks Tr Co d29,997.000 22 50 Trenton705,130 2,907,619 55,232 74,234 1,192,985 612,984 15,257,250 100 40 48,880,624 1,259,977 1,521,364 10 100 100 15 20 25 31,867,919 27,303,968 50 45 50 10 1 2 3,015,946 3,291,555 10 50 4 50 it* Woodbury— 50 «. "15 ""49" 35 20 10 20 60 25 10 20 100 50 15 «• 51 19 "9"lX *94 X 43 X 45X 30 35 "l2" "13H 48 X 49 X "44X "47H 25 10 100 100 100 106 10 "l90'" 210"" "278"" 283"' ""II*" "12" "166 25 27 30 34^ 36X 792,181,954 | 20 1 20 51 53 4X 9,447,981 122,352,982 i 10 t 4X 25 99X 102X 28,000,839 471,698,086 25 174,379 5,172,812 6,140,900 219,301,900 200 J44844465 Common........ 6,000,000 13,492,745 18,117,711 Debenture notes.. 6,501,482 Trade Bank A Tr Oo. d 582,847 700,000 8,938,825 i'rust Co of Nor Am. d 306,800 8,192,000 700,000 Underwriters Tr Co. 1,160,045 16,452,737 1,000,000 0 S Trust Oo of N Y 2,000,000 28,847,065 110,626,821 Jamaica, L. I.— Jamaica Nat Bank.. * d 409,200 2H 3X 10 100 11X 13X 100 80~" "90" U? 100 1500 1550 3,926,000 Sale price. t Quotation for the Marine Midland Corp.; none available for trust co. Mechanics' National Bank First Nat Bk A Tr Oo 1,000,000 2.000.000 14,929,296 138,874,832 338,603 8,612,342 472,709 14,014,643 4,863,005 63,105,448 21,021,300 340,469,500 408,600 25,000 3,238,833 68,407,236 332,400 1,700 1,412,968 11,426,269 2,875,165 25,307,965 2,386,481 22.200,435 185639,400 2302794,073 389,898 4,513,656 53,309,986 764,888.385 20,000,000 650,499,912 1.783.468 20,339,540 1,937,512 36,516,002 100 Title Guar A Tr Co- 550,801 750.000 Broad St Nat Bank. 977.500 Flrst-Mech Nat Bk. <13,123.000 200,000 Prospect Natl Bank. 200,000 Security Nat Bank.. Trenton Banking Co 1,500,000 Trenton Trust Co dl ,874.000 Schroder Trust Oo. rl2H 25 112*1 ....... . A 2,000,000 11.244.955 112,416,710 73,285,329 1238311,827 57,240,097 798,533,723 100 12M 25 a Peterson— Farm A Co 100 5,369,093 1,241,854 16,331,387 4,227,321 619,281 returns date, June 29, 1940. Bk of Athens Tr Co. 500,000 210,400 4,366,200 Banco dl Nap Tr Co. 1,300,000 883,200 14,556,900 B'kof Montreal Tr Oo 643,000 1.000,000 290,300 Bankers Trust Oo 25.000,000 81,778,226 1221357,668 Bronx County Tr Oo d2.642,500 214,476 23,217,923 Brown Bros Harriman 2H Plainfleld— Plainfleld Nat Bank. 425,000 Mid-City Trust Co.. d iuu.000 Plainfleld Trust Co.. <11,150,000 State Trust Co..... d 247.500 co. Cent Han BkATr Oo 21,000.000 Chemical Bk A Tr Co 20.000.000 City Bank Farmers' Trust Co 10.000.000 Clinton Trust Co... d 700,000 Colonial Trust Co... 1,000,000 Continental BkATr. 4,000.000 Corn Ex Bk A Tr Co 15,000,000 Corporation Trust Oo 500.000 Empire Trust Oo p3,500,000 Equitable Trust Oo_ 500.000 Federation Bk&TrOo 825.000 10 Passaic— Passaic N BkATr Co <12,000.000 1.000.000 People's Bk A Tr Co. Trust a 100,000 200,J00 575,455 445,422 60 70 Only outstanding stock of People s Bank A Trust Oo. of Passaic, N. J, the Realty A Security Oo. stock. c Oct. 2, 1939. is $1 par pref. stock of b Includes security d Common and preferred stock or capital debentures e National Banks new york March 29, 1939. h Preference B stock. State^Institutions < Controlled by Marine Midland Corp. k Dec. 31, Nomi nal. Per share. Albany— Mech A Farmers Bk_ 250,000 Nat Com Bk A Tr Co 1,500,000 State Bank of Albany 2,000.000 First Trust Company dl.970.000 1,446,623 3,893,689 6,161,7351 68,334,643 4,036,3501100,778,358 o 696,448' 24,833,854 100 outstanding. / Reserves. 650 100 415 430"" 100 235 50 18 245 20 1938. I Last sale. March 26, 1940. p Empire Trust Co. of New York, N. Y., increased the par value of its capital stock from $10 to $50 a share and decreased the number of shares from 350,000 to 70,000, effective July 17, 1940. n r s Dec. 30, 1939. Preferred stock retirement price, 1940. June 29, o National Banks NEW YORK June 29 Capital Surplus A Profits National Banks Institutions State Par Bid Per share. 4% Conv.Preferred Central Trust Co- 400,000 750.000 Genesee VailTr Co.. e2.150.000 Koch Trust & S D Co 1.000.000 Security Trust CoCommon 300,000 200.000 Capital notes..... 80,980,347 I 20 \ 50 First Nat Bk & Tr Co e 48 Merch Nat Bk&TrOo n 17,610,697 I 10 1 10 8H 17,800,907 32,983,903 25 "6H 2,530,057 35,733,372 20 10H Common Capital notes Schenectady— ... 3.000,000 800,000 June 29 60 900 j 1,148,977 46,986,570 J100 5,824,864 / — 23,040,751 10,630,501 e3.987.948 A;l,313,989 48,130,384 SyracuseLincoln Nat B & TOo Merch Nat BATCo First Trust & Dep Co 1.200,000 750.000 k Syracuse Trust Co.. Common 1,000.000 1.400.000 Capital notes Troy— Manufactur Nat Bk. Jl,147,164 1,502,639 959,847 220,917 200,924 el .400.000 National City Bank. Union Nat Bank... 600.000 600.000 e 295.500 e fflO 100 100 1,000.000 990,000 Preferred Oneida Nat Bk & Tr J&2026 520 600,000 135,000 Preferred J 670,312 396,000 Common 200 e 103,516 20 30 34 20 30 34 Common..... 210.000 99.600 Preferred 500.000 160,000 Capital notes. Westchester Go— ... 28.538.576 3 u? 21.947.577 i 25 25 12,499,894 6,561,491 16*1 50 4,327,997 1H 3H 4 5 12 17 .60 0 60 e 500 .000 k 500 .000 e 222 OOO e 18,322,398 100 30,796,583 4,652,219 16,083,449 5 100 N o re cent sa les 100 e 525 ,000 e J 195.798 j 619,381 Amer Sav's Bank... 10,685,792 J 20 1 25 o re cent sa 4,223,558 J N les 35 \ 40 10,440,423 | <25 Cleveland 100 150 190 100 90 110 100 21 27 1 112,405 379,454 75,842 695,245 2,186,976 4,546,282 1,511,235 14,452,719 234,095 1,770,639 2,608,494 12 1 20 29 10 20 1H z\H A* 70 tk 36,372 50 1,687,465 60 j 485,000 300.000 k 10 100 100 "28" 145 125 10 30 155 .... 4H 100 81 84 100 84 87 100 230 7H 024 ~~40" 70 "25 H 73 e5.000.000 100 27 M 70 100 12 3,045,031 900.000 k 321,075 250,OuO k 31,914 1,600.000 2,074.,735 163,547 100,000 k 154,845 200,00« k Huntington Nat Bk. e3,OOO.OOB 2,653,653 261,755 Market Exch Bk Co. 200,000 k Columbus Saving Bk Fifth Ave Sav Bk Co b 110,964 Northern Sav Bk lOO.OOu k Ohio National Bk... 54.000.000 3,522,486 80 18 100 3.212 ,608 33,092 ,563 1,898 ,198 2,851 ,254 59.498 ,811 4,238 ,390 1,620 ,147 10 4,768,805 j [ 45,300 "20 H "22>i 100 100 100 100 160" 175"" 60 70 100 190 220 78,456 ,379 b 20 8,291.278 fioo 200,000 395,177 205,000 740,000 824,323 18,401,258 "25 1,500.000 885,036 40,405,826 poo 750.000 Common 50 12 10 \ 60 97 "29" 96 --- t Commerce-Guard Bk Spitzer-E T & S Bk. Ohio Citizens Tr Co. Toledo Trust Co.. 2.053.900 12 H 15 1,000,000 300.000 600 000 e 5.000.000 31 18,910,895 3,022,117 33'. 14,960,711 3,100,960 103,648,869 20 "36" 40" 50 50 55 666,752 14,428,073 j 50 643,608 14,673,228 22,160,128 : 945,121 : 369,653 875,195 35 50 Soungstown— Dsllar Sav & Tr Co— 43,433 66,498 5,383,483 2,736,144 51,276 121,794 5,281,811 2,064,118 50 8 12 Capital notes 1,200,000 Mahoning Nat Bank el.563,000 200,000 e 100 100 500.000 190,000 e 240 55 34,209,863 3,089,059 392,210 176,250 e 100 225 Toledo— Port Chester— Rye National Bank.. Rye Trust Co Tarrytown— Tarrytown N Bk & Tr 90 100 50 5,926,120 381,908,754 Preferred Third N B & Tr CoWinters N B & Tr Co Pleasantvillt— Mutual Trust Co... Rye— 100 Common 50 Westches Co Nat: c 145 90 Uayton— Merch N B & T Co— 20 100 Heekskill— a °L37 Preferred 117,414 Peeks kill NB&TOo 100,000 500,000 142 100 5,712,032 City Nut Bk & Tr Co 2 200,000 / 350,000 k Preferred. 138 310 uolurahuB— 329,200 Common 300.000 k e Brunson Bk & Tr Co 170,000 30,000 11 100 13.800,000 13.300,000 4,446,106 el ,600.000 — 7 Trust Co 11,980,387 3,014,456 6,339,544 e 81 10 5,000,000 11,402,139 142,656,783 f 20 I 16 7,520,000 100 2.411,320 601,226 250,000 k 100 7,532,265 779,841 400.0' to Equity Sav & L'n Co 60 5,670,721 148,013 Lorain 8treet Bank. e 477.000 20 National City Bank. 9,000.000 5,601,005 183,135,210 100 848,716 57,709 e No'th Amer Bk Co 180,000 1.486,872 84,873 The Bank of Cleve.. 100,000 731,771 152,402 970,939 Ossining— First Nat & Tr Co... Ossining Trust Co.— 280 100 Preferred Union Bk of Comm¬ union Sav & L Co e 100 Common.. 8 Huguenot Tr Co 100 Central Nat Bank— 20 5,061,437 20 300.000 Common 384,448 671,143 145 50 Cleveland— 3,558,144 New Rochelle Tr 60 100 10,054,476 3,139,183 2,022,674 92,335,703 1,335,139 377,615 ,507,120 ,200,000 1,800 ,000 ol.OOO ,000 500 ,000 Se Ohio S Bk & Tr Co Western Bk & Tr Co el.650 ,000 Central Trust Co... 5,000 ,000 Fifth-Third-Un Trust e6,600 ,000 Second Nat Bank... 147,386 251,051 115.000 9 First Nat Pr ok 2,693,772 18,916,716 4,371,087 11,838.815 Clev 8av & LoaD Co Mt. Vernon Tr Co... el.050,000 New Huchelle— 81,015 2,196,928 100 60 65 Union Nat Bank Ctfs of Ben Own 177,981 7,594,521 10 Common 8 Tr 1.250.000 1 Fund 1.250.000 2,032,805 9H "25 '"OH 100 125 150 24 C-2... Clty Tr & Sav Bk— White Plains— 92,000 k ... Peoples NB&T Co: Common ... 100 7 11 25 20 Common 198,876 5.405.901 18,068,600 20 '25" 30" 18 22 17 21 [ ... 350,000 666,138 5,729,163 10 300 000 k First National Bank in Yonkers Yonkers Nat Bank & 887,178 9,999,691 10 J National Banks June 29 Trust Co- 150,000 Preferred.. 700.000 306,465 }/ 30 8,940,167 First. State Nomi nal. 100.000 75.000 Bank N share. 225,000 4,000,000 20 500,000 k 530,799 759.029 2,982,863 13,849,513 7,582,624 74,838,318 100 100 300 100 298 69,402 1,626,873 100 72 78 70 75 23 25 300.000 9 150,000 / Fidelity Bank Depositors Nat'l Bk. 9 500,000 1,187,014 190,473 454,853 119,792 300,000 9 Greensboro— Guilford Nat Bank— 100,000 214.000 / 3,101,379 2,794,343 100,000 300,000 203,651 470,308 100 100 156 100 200 250 400.000 434,693 3,126,170 3,621,670 4,976,304 100 125 150 200.000 386,555 6,622,167 100 150 200 First Nat Bk & Tr Co 5.000.000 4,073,215 510,000 Fidelity Nat BankLiberty Nat Bank.. el.200,000 57,573,043 6,739,117 21,584,930 50 50 75 1,099,491 100 180 210 100 125 c 100.000 c 207 100 25 1,016,514 25 25 20 "40~" 25 45 30 282,944 512,557 4,903,862 15,087,392 1,830,631 750,000 19,275,976 25 10 "ief" "7" 70 74 Wilmington100,000 300.000 178,974 789,504 400.000 1,445,276 100.000 100.000 246,630 25 10 30 30 18 ,207,278 1100 250 ,172,085 ,859,343 35 35 Wilson— Branch Bkg & Tr Co ........ Preferred Nat Bk of Wilson—. Winaton-SaUm— City National Bank. 200,000 First National Bank. 200.000 WachoVla Bk & Tr.. «4 .275.000 25 2 042,870 158,246 4 142,192 132,721 3,455,505 104, 541,524 100 275 0160 \160 .958,618 ! 10 10 25 re cent 100 sa les "147"" 150" 151 154 10 22 25 53,334 499,826 25,528 1,652,242 100 15,533,875 1,186,432 100 150 100 100 200 125 3,262,034 55,775,625 30 500.000 60.000 Tulsa— First Nat Bk & Tr Co 20 28 6.773,353 f 20 25 1 2,000.000 20 Fourth Nat Bank— 125,000 Common. Preferred Nat Bk of Oom'erce e I 379,006 175,000 350.000 : 97,594 4,787,679 10 "26" 20 66,102,411 f Nat Bank of Tulsa— Common... Preferred State Bk 2,700.nno 13,624,222 600,000 / 25 (MHrft 10 Raleigh— se 277,843 100.000 Stock YardsBauk 302" West Tulsa 200.000 k 800.000 Security Nat Bank- 14,378,213 2,164,696 6,830,178 2,090,954 48,198 200,000 k Durham Bk & Tr Co Heme Savings Bank- 0 291,127 316,963 100,000 Oklahoma Nat Bank. Tradesmen's Nat Bk / Citizens' Nat Bank- share. Oklahoma City— City Nat'l Bk&Tr Co 200,000 k 1,200.000 Per 100 Commercial Nat Bk Firs* Nat Bk & Tr Co 1Per American Trust Co.. Durham— WHm 8av & Tr Co.. 100 Muskogee— Nomi nal. People's 8av Bk & Tr 2,497,903 1.317,491 123,134 ■ First Nat Bk of McA 20 Aiheville— First Citizens Bk&Tr 225,878 : Nat Bk of McAlester 10 WaKr' NORTH CAROLINA First Nat Bk & Tr— Charlotte— Commercial Nat Bk. Union Nat Bank 5H State Institutions June 29 Guthrie— First National Bank. Citizens National Bk Mech A Farmers Bk- OKLAHOMA M oAlester— Common....... 5 25 J Yonkers— Central Nat Bank 25 7,203,039 280,073 510,000 1,212,500 25 Capital notes f 1,710,389 200,000 150,000 750,000 ..... County Trust Co Common 168 June 29 5,794 ,128 11,418 ,306 2,456 ,874 3,420 ,688 49,192 ,204 19,216 ,433 8,611 ,418 11,344 ,401 77,109 ,399 115,985 ,830 220,638 ,428.222 217,352 380,150 ,703,771 ,167,513 Prov 8 Bk & Tr Co. 600.000 267.500 k e 7,992,606 275,768 250,000 k Guardian Bk & S Co. 200,000 k 350,000 First National Bank. Fleetwood Bk (The) 265,004 161,916 6.000.000 People's Bk & Sv Co 30 .40 29,942,566 e Nerthside Bk & Tr Co 25 1,446,726 400,000 200,000 183,350 e Bank. CaDital notes Bronxville Tr Co Mount Vernon— 500.000 Bank CincinnatiNat Bank Olnn Bk & Tr Co... Columbia Bk & S Co Common Tr Co Preferred 219,465 877,015 Lincoln Nat Gramatan Nat Bk & Bank 1,304,562 445.825 tferwoud-Hyde Park Bk & Tr Co Bank.. 5 Bronxville— Citizens 328,401 980.000 »irst National Watertown Nat Bk— Northern NYTrOo Common 300,000 e Atlas Water town— 1st Nat Bk & Tr Co. 123,048 741,472 e Geo. D. Harter 100 Otica— First Citizens Bk & T Mt Pleas Bk & Tr Co 1,462,692 First Tr & Sav Bk.. 10 962,248 633,883 Schenectady Tr Co.. Central Nat bank jfc 484,685 First National Bank. Dime Savings Bank- 10 1 7,445,592 7,676,572 15,808,039 CltUens Trust Co— _ cent sa Nomi nal. Per share Co 200.000 Common 480.000 Capital notes First-Central Tr. Co. el,050,000 loo.nnn Goodyear State Bk— 600,000 Firestone Pk Tr&S B | <30 o re 25 Canton— Union National Bank Jefferson Co Nat Bk Dime Savings Bk N 100 n Akron- 200.000 } k 285,302 253.590 353,614 400.000 531,021 300.000 1,498,402 750.000 ... Preferred Troy Trust Co 100 o o! 700 share. 100 Institutions State OHIO 1 Mohawk Nat Bank— Common National Banks 2,481,201 1,913,498 7,052,935 3,674,958 172.623 137,217 210,381 212,266 175.000 50.000 500,000 150.000 e 51 Union Trust Co: Preferred Bank.. 27 559,570 2,809,917 Capital notes Ask prices Per Fargo— Dakota Nat 24 899,137 Common Bid Par Nom. Cargo National Bk.. Llncoln-Allia Bk&Tr 2,800,000 [2,208,859 2.000,000 Oross Deposits Ask Nomi nal. Common Surplus A Profits Capital Oross Deposits National Banks June 29 NORTH DAKOTA June 29 June 29 Rooheater— Common COMPANIES TEUST AND BANKS 108 30 20 16,405 356,898 100 t Toledo banks on a price range basis a Effective July 22, 1940, the Mount Pleasant Bank & Pleasantville, N. Y., was taken over by the County Trust Plains, N. Y., and will be operated as a branch of the latter capital of which was increased from $580,000 to $750,000 with the merger. b Member of the BancOhio Corp. d Feb. 29. 1940. 25 "115" Trust Co. of Co. of White company, the in connection Capital account. / Dec. 30, 1939. e Common and preferred stock or debentures outstanding. 0 Retirement price. h In liquidation. 1 Controlled by Marine Midland Corp. k March 26, 1940. n Member First Bank Stock Corp. o On July 26, 1940, the Second National Bank of Cincinnati, Ohio absorbed the Mount Healthy National Bank of Mount Healthy, Ohio' and in May, 1940, the Mount Healthy Savings & Commercial Bank. ' r Reserves. s Branch of Smithfleld. N. C. c Institutions State National Banks June 29 OREGON Surplus A Profits Capital PENNSYLVANIA June 29 Par Ask Bid Capital Per % $ 200.000 Eugene— 472,146 share. 100 9,046,460 (Concluded.) Mellon Nat Bank 300,000 4.500.000 145 165 45 50 20 35 37 200.000 200,000 700.000 Bank. 50.000 200,000 2.000.000 Union Savings Bank. 1.000,000 Western SAD Bank d 492.500 14,604,703 9,501,338 5,816,778 7,701,774 73,199 176,084 784,063 c 127,945 c 176,349 166,329 4,209,241 6,105,595 c 509,160 851,688 2,392,700 2,777,672 c Allegheny Trust Oo. 700.000 Colonial Trust Oo d3.563.200 Oom'wealth Trust Oo 1.500.000 Dermont SAT Oo. 134,548 125.000 c Fidelity Trust Oo 2.000.000 11,559,580 Manchester Savings AUentown— Lehigh Vail Trust Oo 141,625 \c 95,000 .... St Clair Deposit Bk_ Union National Bank ®Sr PENNSYLVANIA 1,879.341 1,000.000 1,000.000 2,090,578 450.000 cl.334,785 500.000 1.025.113 $ 100 7,500.000 40,344.784 387,736,019 Preferred Nor 8ide Deposit Bk Pitt National Bank. Sheraden Allentown Nat Bank Merchants Nat'I Bk. Second Nat Bank.. Ask Nomi nal. Per share. Polithania State Bk. 100 100 6,934,956 117,908,762 5,353,164 475,203 6,298,741 150.565,209 3.000.000 Bid Par Sat Bank of America Oommon Portland— First National Bank. Portland Tr A Sav Bk United States Nat Bk Cross Deposits Pittsburgh Nomi nal. First National Bank- Surplus & Profits Cross Deposits 109 trust companies banks and August, 1940] 100 25 10 100 Bank A Trust Co. 250.000 399,898 c 20 1,935,880 f 25 ( 25 40 1,726,874 "73" 50 63 50 11,781,402 1,117,659 1,372,269 1,679,598 40,355,357 36,299,505 4,263,503 5,535,905 32,960,086 21,603,931 2,738.785 27,695,935 30 a25 16 25 50 "Ioo 115 100 60 100 100 100 "36"" 75 60 55 40 50 25 78 50 25 20 2.610.018 36 62 24% People's-Plttaburgh Altoona— First Nat BankCommon 337.091 150.000 ..... Preferred 7,036,073 1100 100 Uoo 287.900 105 mmm*e Altoona Trust Oo— 250.000 263.390 249.300 Common........ Preferred Central Trust Oo... c 504,123 4,684,739 I 10 I 293,602 c 3,052,788 10 100 12 14 "98" ioo" 161.247 852,238 51,693 351,192 306,477 200.000 First National Bank. Lawrence Park N Bk Marine Nat Bank... Nat Bk A Trust Co.. ,085.000 50.000 .264.000 300.00U 1,324,177 15,546,480 868,545 7.557,879 4,481,217 10 100 100 300.000 721.850 200,000 Preferred Union Bank (The).. 16,227,022 1 101,791 1,698,937 I Capital Bk A Tr Co. Harris burg Nat Bank 396.510 300.000 300,000 168,894 483,100 844,013 Central Trust Oo... 400.001) 947,546 Citizens Trust Oo. . a50 50 225.000 10 12% 25 67 10 12 10 25 37 41 50 15% 11,106,143 11,530,138 9,249,767 20 160 20 160 518,938 6,858,272 10 10 10 14 400.000 600.000 575.000 Fulton Nat Bank... Lancaster Oo Nat Bk d Farmers' BkATr Oo Common Preferred Northern Bk A Tr Oo L 257,575 — — — mm 68 17 (106 50 1,645,527 ..... (15)4 75"" A Philadelphia— 3,040.000 Olty National Bank. dl ,100.700 Corn Exch Nat Bank 7,248,840 c 322,536 Kensington Nat Bk. dl.129,766 1,000.000 NatBkofGer ATrOo 50 14 30)4 15)4 20 69,141,558 10,117,292 37% 38)4 10 9.832,846 127,139,027 148,749 5,204,415 6,865,996 110,911,496 362,796 10.724,359 4,378,090 40,024,790 2,530,015 15,064,083 Market St Nat Bk.. 29% 400.000 60 100 30 286 35 25 204,531 2,900,236 50 768,134 1,010,670 576,830 4,904,331 17,554,731 3,027,942 25 25 25 150.000 178.375 188,090 1,963,697 25 25 Miners Nat Bank Seoona Nat Bank W-B Dep A Sav Bk. 750.000 200.000 2.500.000 1.000.000 500.000 600.000 1,158,789 159,236 5,547,819 2,288,785 316,031 726,297 9,090,552 1,534,805 23,665,296 15,661,103 4,427,626 7,642,504 250,000 350.000 225.000 226,582 372,550 421,855 2,596,313 4,968,483 5,616,579 108.000 92.000 250.00U 200,000 ..... Preferred North Broad Nafl Bk Northeast Nat Bant 23 25 305 315 44% 46)4 ic c 83,368 227,474 240,831 2,395,794 I 10 I 10 10 2,457,824 50 4,283,862 4X 5X ..... 66 ..... 71 Northw'n Nat Bk— 302.500 \c 160,228 197.500 Common 3,427,593 f 25 Philadelphia Nat Bk 14.000.000, 29,247,146 605,087,949 20 Roosevelt Bank d 50 .... 264,818 Second Nat Bank— Oommon Common Preferred South Side Bk A Tr. Third Nat BAT Co- 650.000 Preferred e 121,967 2,355,000 13 a25 "99H 101 25 XR f 20 I 30 Preferred Tioga Nat Bk A TrOo d Tradesmen'sN attousl Bank A Trust Oo. 3.300,000 Wyoming Bk A Tr.. d 300.000 Broad Street Trust— 400.000 Ohestnut Bill T A Tr 250,000 Citizens A So B A Tr 125,000 Finance Oo of Pa— 6.700,000 2.320.000 Frankford Trust Oo. 500.000 German town Tr Oo. 1,400,000 Glrard Trust Oo 4.000,000 Industrial Trust Oo. dl.132.250 Land Title Bk A TOo Oommon Preferred ........ Common.... Preferred.... 8H ... 1.312,875 645,263 664,558 3,166,218 1,378,114 . 500,000 500,000 Lives A Grant Ann Penn W'h'g A 8 D Oo Security Bk A Tr Oo. Bonsltaly Bk A Tr Co Pittsburgh— Allegheny Valley Bk. Arsenal Bank Bank of Ohio Valley. Braddock Nat Bank. 37& 50 100 100 100 10 112 115 9 Dollar Savings Bank Farmers Deposit Nat First National Bank. First Nat 11 Indus NB West YK. Western Nat Bank.. York Co Nat Bank.. York N Bk A Tr Oo. Guardian Trust Co.. 300,000 Forbes National Bk. Fourteenth St Bank. Freehold Bank Hazelwood Bk (The) Hill Top Bank . Home wood Bank at Pittsburgh....... Iron A Glass L»u» Keystone Nat cm*. 500.000 500.000 27 20 22 34 36 28 63 8 "35"" "37" 40 42 58 62 % IX ...... 100 25 60 116 48 77 190 125 50 80 200 15 16 48 53 10 20 10 10 7)4 30 25 16 20 2,392,859 3,343,815 803,125 8,502,394 f 1,801,578 5,962,607 6,492,016 5,872,535 4,779,927 8,166,740 7 8 10 20 21 100 10 10 100 20 25 25 10 70 10 « 16"" 15 17 190 58 37 15 185 56 35 57 18 H Nomi nal. Per share. 10 100 100 60 10 50 400,000 1 175.000 120,000 300.000 Common 16 214 219 135 140 Newport Trust Co.. Providence— Blackstone Oan Nat. Oolnmbua Nat Bank: 36 2 33,899,976 I 25 U00 50 11,862,994 50 6,827,120 10 19,678,114 14,239,638 100 50 8,187,803 24 37% 8 53 3% 26 Preferred Preferred ~31~" — 15 505 78 515 Industrial Trust Oo. 82 Lincoln Trust Oo— 30% Rhode 1 Hos Nat Bk. Rhode Isld Hos TrOo 39 Union Trust Oo 3% 29H 34 265 270 17 19 4X 100 60 150 5,947,450 25 79 J10 10 469,979 94,361 2,015,817 271,884 1,762,544 60 Providence Nat Bank Woonsocket— Woonsocket Trust Oo d 025** 84 12 010 110 50 125 367.500 Vc 222,236 5,032,709 132.500 125 848.434 60 7,975,942 850.000 60 909,013 450.000 4,685,112 100 1.500,000 2,459,720 14,280,277 4.000,000 10,714,847 119,592,610 100 25 217,908 125.000 c 1,946,783 2,500.000 3,124,273 59,312,254 *100 5,000.000 12,022,925 41,908,320 1000 100 1.000.000 1,404,244 24,930,048 Oommon 12 632,984 2,809,909 (25 120.000 NatBank of OomATr Phenlx Nat Bank— 30 6,142,356 81,974 111,435 \c 88,565 High St Bk A Tr Oo Mechanics Nat Bank / 25 374,839 1,040,440 500.000 Oommon Preferred 29 440,000 317,552 First Nafl Bk A Tr. d Nat Bk of So Dak... 385.000 250.000 Northw'tSecurNatBk d Union Savings Bank. 800.000 c 150.000 c 262,603 252,205 220,316 51,115 3,761,434 100 "120"" 20 16 m — ""70"" — mm 76 120 280 170"" 160 33 2150~~ 2400" 135 145 mmmmmm (100 5% 20 50 37 50 22 10 90 100 165 175 100 500,000 282,750 200,000 200,000 200.000 5,754,075 9,390,851 3,300,812 1,235,058 1,507,454 2,558,066 60 175 71,413 353,860 1,749,100 20 4,344,422 50 100 105 300,000 1 75.000 / 316,522 5,179,105 50 * 60 100,000 200,000 50 100 25 50 10 Nomi nal. Per share SiOUX Falls— 100 90 a 5 Sale price. Preferred stock retirement b A mutual savings c March 26, price. bank 1940. d Oommon and 50 preferred stock or debentures outstanding. Dec. 31, 1938. / Member of Northwest Bancorporation. Oct. 2. 1939. f Dec. 30. 1939. k Stock all owned by Rhode Island Hospital Trust Co. g 50 6,057,269 100 3,955,691 plOO 10,421,346 /100 100 1,383,741 ...... e . 25 23 60 Aquidneck Nat Bank 11 10 239,448 271,772 —— RHODE ISLAND ""fig#** Newport Nat Bank.. 448,609 602,528 454,338 994,283 230,782 475,731 100 40 50 I 226.000 300.000 June 29 8 Bk— Common Pre! erred..— 214.242 373.339 39,729 679,603 192,101 518,502 953,440 567,242 776.340 1,413.385 , 7 AO OOO 15 Bank A Tr Oo of East Pitts.. c 250.000 190.000 150.000 100.000 500.000 125.000 Preferred Drov A Mech N Bk. Eastern Nat Bank.. First National Bank. 6 10 3,182,722 1,420,035 104,143 789,707 971,225 11,350,593 5,553,750 56,857,219 .000,000 11,477,438 109,904,620 .000.000 7,128,695 117,892,451 : — York— Cent Nat Bk A Tr Co Common 12 7 51 10 8.400,000 17,497,830 270,731,385 750.000 cl,199,008 561,493 3.200,000 12,356,830 56,061,683 1,500,000 2,516,003 10,728,940 300.000 c 359,706 4,097,809 125,000 c 35,866 1,057,193 200,000 100.000 200.000 500.000 Bank West Branch Bk A Tr National Bank Penn Oo for Insur on Provident Trust Real Est Tr Oo..... 17% 50 Newport— 1,875.000 12,267,458 Nor Phlla Trust Oo. 18 50 15 25 100 7.275.000 1,000,000 Mitten Bk A Tr Oo 1,500.000 Ninth Bank A Tr Oo d2.200.000 11 * WiUiamsport— Wllllamsport N Bk.. 10K 2,549,003 — 7)4 * Wilkea-Barre— Hanover National Bk 10 5,022,400 51,358 ,880 c 121,789 3,175 ,006 c 524,900 2,530 ,457 c 100,294 1,672 ,953 c 618 ,514 18,959 14,860,233 128,450 ,921 c9,010,026 1,155 ,030 1,770,667 11,865 ,349 2,219,793 21,563 ,803 10,398,996 123,551 ,406 c 947,459 11,966 ,499 Liberty Title A Tr Oo Northern Trust Oo._ 3,703,624 * 3% i 200.000 \c 151,544 85.000 400.336 102,260 Oommon 5 10 10 75 1.000.000 250.000 Vertr Trnst On 2% 7,442,075 1 } 11 25 200.000 300.000 300.000 200.000 50.000 400.000 West Side Bank Penna Trust Oo— South Phila Nat Bk- Fldellty-Phlla Tr Ou 200.000 c 4 050.000 291 50 100 10 Nafl Bk of Olney— Preferred 1,399,681 60,943,413 1,632,861 3,242,754 950,338 First National 4,550.000 Erie National Bank. d 440.000 First National Bank. r3,lll,om> Common 212,280 5,664,038 175,247 326,680 63,794 1.170.300 First National Bank 300.000 71.940 300.000 Oentral-Penn Nat Bk A Trust Oo 10 300.000 Providence Bank... d Scranton Nat Bk— Lancaster— Oonestoga Nat Bk.. 7,420,932 21,844,789 4,315,293 18,245,007 1.000,000 1.800,000 Green Ridge Bank North Scrant Bk A Tr 78 50 50 81,626 5,248,972 7,426.610 4,902,145 1,156,504 15,838,844 16,028,881 1,408,584 c 690,188 1,473,601 544,564 2,353,934 100 8oranton— 5 4 10 33,297 1,425,960 75 B Scranton State Bk First National Bank. 50 2,948,436 400.000 cl ,492,352 Harris burg Trust Co Market St Trust Co. 30 50 5600 50 960,588 1,572,557 749,743 125.000 400.00U . Dauphin Dep Tr Co. 50 10,017,720 Union National Bank Berks Oo Trust Co.. 15 347,006 2BH 5 80 90 100 100 5200 98 100 10 6 1,143,959 Olty Bank A Tr CoReading Trust Co.. Wi Harrisburg— Allison-Ram End Tr_ 5 100 Beading- Security-Peoples TrOommon 11,662,981 103,312,308 397,074 7,647,592 255,473 2,320,358 433,715 1.842.019 100346112 299,027,060 cl ,395,295 6,404,271 193,991 1,878,486 c 143,000 2,035,000 c i Wyoming Nat Bank. Erie— Bank of Erie Tr Oo 6,000,000 Potter Title A Tr Oo d 875.000 Provident Trust Oo. 150.000 South Hills Trust Oo 125.000 Union Trust Oo 1.500.000 500.000 Washington Tr Co.. West End Bank 200.000 William Ponn Tr Oo. 175.000 Worklngman's Savgs Bank A Trust Oo. 400.000 a50" I Last p sale. o New stock. Affiliate of the First Bank Stock Corp. N 0 re cent sa les BANKS 110 1 TRUST COMPANIES AND National Banks *a";r'2T*s SOUTH CAROLINA Surplus A Profits Capital Cross Par Deposits Bid Nomi nal. 200.000 50.000 s s 21,619,007 plOO 100 6,052,570 487,336 100 125 39,285,331 /100 14 16 1100 loo |sl261,013 200.000 35,000 Preferred share. 11 100 110 1,100.000 1,100.000 Common Per 10 ^ 736,111 287,363 44,193 1,030.000 Miners & Merch Bk. South Oaro Nat Bk— % $ $ Charleston— Oltiz. A Son Natl Bk Carolina Sav Bank.. 167,096 268.534 5,473,862 1,537,226 25 605,015 591,387 6,419,750 4,855,315 20 10 2,950,106 125 20 Columbia— First Nat Bk of Ooi. Lower Main St Bank Oreenville— First National Bank. s 250,000 200.000 Peoples Nat Bank... Spartanburg— 78,354 200,000 Com'l Nat Bank 10 11 10** 60 32 62** 35* $ San Antonio (Con cl) $ TENNESSEE Par % 5.570,534 /100 1100 Preferred—..... ) 138.032 Nat Bank oi Comm. <1,084,000 1,214,651 27,468.977 100 100,000 400,000 104,308 92,557 2,234,886 3,909,640 100 100 ...... 300,000 424,884 4,411,147 100 t. Waco— Citizens' Nat Bank.. First National BankNational City Bank. 250,000 600,000 100,000 383,504 578,582 99,203 8,846,927 10,783,145 1,012,482 National Bank ofFort Sam Houston San Antonio Nat Bk Booth Texas Nat BkCommon. . < s 185 "Bo" Chattanooga— 50 1,240,981 750.000 425,000 225,000 Preferred— Hamilton Nat Bank. <2.530.000 100 13,162,174 Knoxville— Bank of Knoxvllle Uomm'l Bk A Tr Oo. j 515,515 Nomi nal. Per share. 250 275 10,023,524 /100 80 State Institutions June 29 UTAH Nomi nal. Pur share. 170 100 47,373,105 67,552 151,793 1,764,082 100 1,464,352 3,55^,854 6.25 100 26,645,424 "155" 165"" 1 Commercial Sec Bk First Security Bk NA Salt Lake City— Contl NatBtATrOo First Security Corp. of Ogden..— First National Bank Utah State Nat Bank Eton's Sav Bk 8c Tr Utah Sav A Trust Oo Walker Bk & Tr Oo: < 14,181,258 10 1,003,525 54,162,987 31,037,363 1,414,372 100 100 285 210 77,419,099 10 100,000 l,2ou,i/0t> 1,000.000 Savings Bank. Union Planters' Nat'l Bank A Trust Oo. NashvilleAmerican Nat Bank 60.000 66,303 2,561,608 2,337,696 95,171 3.500.000 5.405,117 — Broadway Nat Bank Common Preferred Third National Bank 100 100 14** 105 285 16** Common .... Capital notes..... 10 < 900,000 491,784 13,535,642 100 65 <3.100.000 5,846*826 1,266:307 s 807,089 i, 195,028 271,522 71,771,458 19,190,257 16.607,069 14,764,924 3,511,759 10 20 21 100 100 100 210 220 165 195 175 205 100 130 140 1,600,000 11,029,253 150,000 J 30,474,346 [100 112 H 120 < i 750,00«) 750.000 1,000,000 300.000 27 70 595,553 982,180 5,571,761 24,141,424 20 500,000 Id 785,933 1,133,300 1,000,000 1,651,751 10,207,543 ;ioo (6) \100 105 110 100 230 240 300.000 1.000.000 10 30,565,765 100 I 75 — National Ranks State Institutions June 29 VERMONT June 29 230 65 63,200,630 f 100 110, 295 295 13 <100 3.000.000 11,624,673 6,796,765 19,600,134 < Nomi nal. Per share. Barre— 110.000 Granite S B A Tr Co 3,150,000 Commerce-Union Bk Nashville Trust Co— 10 260 26 Comm A Indust Bk. First National Bans. Nat Bk of Commerce Preferred.. 175 9** 679,766 Memphis— State 170 250 189,500 1,516,923 475,000 950,000 - d 50.000 200.000 i HamiltonNatlonalBk < 900,000 1.000.000 Park National Bank. Common 155 1100 1,811,050 100 25 Commercial Nat Bk: Common 215 190 88 100 100 Ogden— Amer Tr A Bkg Co. 102 0100 250 97 '200" State Institutions June 29 \ Ask Bid Nomi nal. Per share. 860,000 100,000 Common........ June 29 June 29 Cross Deposits Groos Nat Bank- National Banks National Bnnkt June 29 Surplus A Profits Capital Ask State Institutions TEXAS June 29 "if" "25" 592,979 275,667 171,195 613,311 527,420 82,362 449,528 200,000 People's Nat Bank.. 204.500 Quarry 8 Bk A Tr Co Burlington— Chittenden Co Trust <491.500 600,000 BewardNatBkATrCo 150.000 Merchants Nat Bank Burlington Trust Co. <1,085.961 Montpelier — Capitals B ft Tr Oo i 407.500 3,861,464 100 2,984,032 100 6,793,306 7,039.290 888,134 3,336,932 100 100 N 0 40 re 100 sa cent les 2,549,765 16,471 100 2,028,280 100 75 100 ...... ..... First National Bank National Bnnkt TEXAS June 29 State Montpelier Nat Bank Mnntp'r 8 B A Tr Oo f Nomi Austin— I nal. Per share. American Nat Bank. Austin Nat Bank— 800,000 570.750 i Capital Nat BankBeaumontAmerican Nat Bank. First National Bank. Dallas— Dallas Nat Bank... First National Bank. Hillcrest State Bank. Liberty State Bank.. Mercantile Nat Bk— ...— Preferred Republic Nat Bank.. Nat Bank of Comm. Oak Cliff Bk A Tr Oo. i 707,985 978,469 76,140 10ft 14,923,810 20,430,471 1100 ...... 100 N 100 100 20 1,650,000 U,748,694 350.000 4.000.000 4.713,214 150,000 432,495 200,000 117,335 125,000 40,000 State National Bank Fort Worth— j 103,096 300.000 300.000 Capital notes. El Paso— El Paso Nat Bank.. 655,787 1,668,501 750,000 1.500.000 s 432,993 1,304,903 2,000.000 12.361,056 Preferred.. 500.000 15.420 s Fraternal Bk A Tr Co 9,532 215,000 d Onion Bank A Tr Co i 79,709 Common 20 38,631,364 J 20 t 20 20 90,295,749 7,536,530 2,909,944 2,769,299 «I65" 100 20 ^ 20 12,347,582 21,805,069 sa 40 45 les 47 "58" "60" 36 38 "46" "48" 215 40 "45" 30 33 "l500" 67 70 46 48** 48,572,021 j 20 46 48** 20 "loo 200.000 200.000 490,168 450,996 15,464,214 5,127,185 100 100 125" 750,000 500.000 440,423 865,677 11,772,690 12,405,948 100 50 250,000 340,167 7,297,139 100 180 500,000 100.000 j 601,377 20 43 N Butchlngs-Sealy 0 re National Bank... U S National Bank.. Houston— Citizens State Bank. i cent sa les Common...... Common .... Preferred.. Houston Nat Bk— o 3.000.000 1,450,000 J2,030,409 632,500 1 281,223 367,500 1,000,000 2.102,286 Second Nat'l Bank— Nat Bank of Comm. <2,500,000 4,703,811 700,000 State National Bank 430,310 Union National Bank 1,000.000 1,400,000 South Texas Com¬ mercial Nat Bank. 1,500,000 2,167,818 200,000 d 234,824 Fidelity Trust Co.. 600,000 1,001,417 Guardian Trust Co. Houston Land A Tr. il,300,000 509,059 Ban Jacinto Nat Bk365,000 Common Preferred 285.000 Common Preferred — j 133,005 Port ArthurFirst National Bank Merchants Nat'l Bk. Ann Antonio- 100.000 s 200.000 d 566.943 351,194 20,038,737 1 I 190 eloo" 1100 13,476,576 /100 1125 34,232,995 56,281,481 10,502,919 35,445,929 *9,709,005 75,160 8,513,417 6,106,014 47 20 59,331,603 [100 100 75 340 100 225 100 100 100 Preferred .... ... Preferred........ Frost National Bank UOO 290 235" 300 "145 " 155" 80 77 85 85 625 100 100 Per } 964,756 share. 1 150 619.902 8,242,510 100 600,000 500.000 514,727 414,506 4,673,571 4,359,637 100 162** 107.000 94,260 105.013 477,837 271,793 662,326 3,103,443 5 I 7H I 9** 300.000 100 250.000 2,500,000 1,500,000 150,000 485,614 964,090 1,018.404 s 131,630 3,835,731 36,505,354 19,262,103 100 2.315.229 10 15** 200.000 276.000 192,444 103,367 2,724,260 2,924,353 10 10 490.000 250.000 440.000 249,446 83,437 207,418 6,306,631 1,213,038 2,925,936 60 100 re cent 100 sa 600,000 1,105,269 1,000,000 1,269.257 80,000 k 66,095 3,000,000 3,731.088 200.000 s 130,000 10,478,983 24,349,937 802,526 78,985,705 2,382,000 20 37 42** 20 10 32 38 A Trust Oo Loan Bank....... Com'l Tr A Savs Bk: Lynchburg Tr A 8 B. Norfolk— Merch A Planters Bk Nat Bk of Commerce 100.000 60 1140 s 5 1355 Petersb Sa'v A AmTr i 250 240 123 39 100 25 Petersburg- Citizens Nat Bank 10 124 T 10** 7** Portsmouth— American Nat Bank. < Citizens Trust Co.. Merch A Farmers Bk Bank of Comm A Tr Central National Bk. Oonsol Bk A Tr Co.. First A Mer Nat Bk. Mech A Mer Bank.. State-Plant BkATr: Common i s s 1,250.000 11,384,099 1.550,000 Sav Bank A Tr Co.. 200.000 southern Bk A Tr Co 200.000 Virginia Trust Co... < 900.000 Roanoke— Colonial-Amer Nat B 500.000 First Nat Exch Bank 1.000.000 Mountain Trust Bk. 800,000 National Banks June 29 SeattleSeattle—First Nat Bk Nat Bk of Commerce Pacific Nat Bank... Peoples N B of WashSumitomo B of Seattle Seattle Tr A Save Bk N 0 les s "48" "si"" 29 1100 405,096 262,836 895,774 3,659,503 5,073,537 6,702,316 5,988,217 28,393,428 5,413,527 158 3.056,466 / 60 43 31** 17 58,279,562 . 451,709 1,786,025 404,474 s 20 20 19}* 25 15 "72** 50 72** 27 "36" 70 50 100 100 - - • 250 100 WASHINGTON State Institutions June 29 8,000,000 2,500,000 2,500,000 1,500.000 200.000 400,000 550,000 7,032,274 183,096,694 a 20 4,002,882 88,144,345 f 25 100 1,582,014 28,524,693 20 942,613 30,602,796 2,770,528 100 118,014 20 6,042,318 253,451 50 8,980,797 567,369 Nomi nal. Per share. 34 35 168 • - - ... 160 r 170 33 30 — — 16 21 55 60 t Stock of South Texas National Bank of San Antonio, Texas, all held by Central Securities Co. with exception of directors' qualifying shares. a [100 18,717,310 State Institutions June 29 VIRGINIA Member of First National Corp. b Member of First Security Corp. 600.000 819.400 100 360 d Dec. 30, 1939. e f > . Preferred stock retirement price. / Member of Marine Bancorporation. 1100 Bexar Oo Nat BankCommon........ 2,245,280 185 Alamo National Bk: Common. 162.924 0 cent les 85 Uoo 5,946,411 4,485,062 sa 1.000.000 People's Nat Bank.. University Nat Bank 9,415,181 /100 [100 Lynchburg Nat Bank "270"' 280" 100 100 100 2,959,185 Nomi nal. Preferred ..... City National Bank: Preferred First Nat Bank— 173,447 Riohmond— 10 Galveston- City National Bank. First National Bank. N 100,000 125,000 157,500 10 Lynohburg— First National Bank. Seaboard Oitz N Bk. Southn Bk of Norfolk 20 100 100 Depositors Industrial 00 i 2,882,491 1,128,963 "*25" ~30" 42 100 100 390,249 1,236,776 141,428 Notional Banks June 29 rec ent 18,242,651 42,494,751 .... 300,965 117,406 224.306 re Common.. Preferred.. Rutland Trust Co— i 0 100 20 Kllllngton Nat Bank —... 4,169,889 rioo 12,327,109 14,097,798 2,515,791 Rutland— Clement Nat Hank 222,416 Rntland Go Nat Bk: 100 1.000.000 961,321 2o, 015,063 5.000.0(H) 10,071,054 130,844,948 100,000 114,235 2,520,400 250.000 292,052 7,398,859 Texas Bank A Tr Co: Common........ Continental Nat Bk. First National Bank Ft Worth Nat Bank: J 174,039 400,000 400,000 200,000 .. . Becur St Bk A Trust 523,248 872,840 s 125,000 75,000 Capital stock..... Preferred stock Common Preferred.: Institutions June 29 3,015,268 f 100 UOO 20 2,430,801 100 1,390,729 150,000 169,800 100,000 516,201 150,000 100.000 Common........ 0 200.000 75,000 1,2004)00 J 148,513 1,401,846 I 50 39,349,811 100 "200" 48 e50 230 Affiliated with the Citizens' A Southern National Bank of Atlanta. Ga. h Represents quotation for First Security Corp. of Odgen, Utah, class A stock. { Common and preferred stock outstanding. it March 29. 1939. o Controlled by the Joseph F. Meyer interests, r Member Peoples Corp. s March 26,1940. t Reserves. z Ex-dividend. August, 1940] BANKS National Bank» Capital Surplus cft Profits TRUST Institutions State WASHINGTON June 29 AND National Banks June 29 Ask Bid Par Capital Institutions Stale WISCONSIN June 29 Gross Deposits 111 COMPANIES June 29 Gross Surplus A Profits Deposits Bid Par Nomi Spokan*— $ 500.000 First Nat Bk In Spok Old N B&UnTCo. Common 750.000 743.800 Preferred.. Per 177,182 , 684,735 6,876,123 \100 Class B 245,008 50,000 200,000 Paget Sound Nat Bk National Banks June 29 884",694 8,579",817 1,066,945 280,690 23,304,392 100 25 No .70 1.15 No 8,742,471 392,300 400.000 300,000 1.000.000 C' Per $ 104,396 880,825 375,278 767,941 20 100 share. 10 190 8 150 20 2,606,192 4.798,747 4,903,617 5,276.005 34 37 100 .85 100 .375,000 730,000 (voting). Washington Trust Co T&coma— Nat Bank of Wash.. Teutonia A veState Bk West Side Bank Wisconsin State Bk Hirst Wise Trust Co. 24,189,471 1100 Old National Corp— Class A Milwaukee {Concl. 45 100 Ask Nomi nal. National Banks WYOMING June 29 125 140 18 H 20 Cheyenne- Per American Nat Bank. Btock Growers N Bk. WEST VIRGINIA 250,000 300,000 423,916 298,311 share. 100 100 6,042,950 8,599,451 Nomi nal. Per share, Charleston— Charleston Nat Bk.. 1,062,500 1,526,180 KanawhaBkg&Tr Co Kanawha Valley Bk. Nat Bank of Comm. Central Trust Co 60U .000 1,000,000 200,000 455,227 1,369,363 134,237 331,222 600.000 24,800,256 6,093,171 25 100 100 100 25,440,067 4,006,916 s 1,166,976 12& Canadian Bank Statements o 100 17,742,655 1,076,742 N re cent sa Returns les are all of May 31, 1940. Prices cent, not per share. are per Huntington— First Hunt g Nat Bk 1,000.000 cl ,325,221 Twentieth St Bank.. Dollar Trust c 58,352 a 150,000 c 72,539 1,119,265 439.605 c 87,395 25 20 750,533 684,167 121,710 803,649 2,178,654 5,378,306 5,704,835 1,145,079 5,526,716 100 113 100 100 100 120 300 2,939,392 21,544,302 100 145 Nat Bank ofWVa.. Nat Exchange bank. So Side Bk A Tr Co. 600.000 500,000 100.000 300.000 • Trust Co. Wheeling Dollar Savs Security . . 50 NOVA SCOTIA & Sav Bank. & Trust Co. "65" 100 a Wheeling— Center Wheeling 8av Half 19 al09,550 c c 25 130" Surplus A Profits Capital Gross Deposits Halifax- National Banks 100 278 150 June 29 Toronto— Nom inal. La Crosse— Per Batavlan Nat Bank. 600.000 Exchange State Bank 175.000 400.000 ; State Bk or La Crosse Milwaukee— i00.000 ; Amer State 200.000 305.000 Nat Bk of La Crosse. Bank City Bank & Tr Co.. 299,860 20 5,088,132 100 1,267,405 6,380,083 el 00 100 3,076,225 20 78,659 367,994 180,862 2,975,740 3,794,241 20 24 45 Dominion 7.500,000 7,500,000 Preferred Home Savings Bank. Kilbourn State Bk.. |7,467,087 o350.000 a ; 150.000 : Northern Bank—__ a a The 165 175 100 170 195 100 100 100 100 100 180 k 2,568,449 1,840,389 20 20 1,554,120 15,269 115,119 84,232 71,481 43,537,020 50,111,310 3,699,148 1,878,531 2,285,208 Per \cent. 36,000.000 39.000.000 753,282,356 7.000.000, 5.000.000 129,749,011 1,500.000 750,000 16,687,204 Provincial Bk of Can 4,000,0001 1,000.000 47,117,567 Boyal Bk of Canada 35,000.000 20.000,000 805,646,8151 Banque Canadlenne. BarclaysBk (Canada) 18 16 20 39 20 139>* 103 108 150 151 * Sale price. a Common and preferred stock debenture* outstanding, c March 26, 1940. d Oct. 2, 1939. e Member of the Northwest B&ncorporatiou. i Member First National Corp. 42 20 23 20 20 100 20 220 QUEBEC 100 ,315,872 ,155,603 8,000,000 131,588,129 Bank of Montreal s 4k Securities in their 150 100 7,000,000 t Wisconsin Bankshares Corp. 539,500 550.000 a 142 les 250,399,401 60,426 200,000 Park Savings Bank.. State Bank of Mllw. 211 100 Montreal— 182,545 63,783 Common 50.000 225,000 2,200,000 Marshall A Haley Bk a2.925.000 Mitchell St State Bk. a 596,000 100 re cent sa Lincoln State Bank: Income debentures Marine Nat Kxch Bk Bank Imperial Bank of Can o cent. 9.000,000 134,088,061 30,000.000 20,000,000 545,634,564 7,000,000 7.000,000 112,676,447 55 25 N First Wise Nat'l Bk— Common 6.000,000 Can Bank of Comm. 27 100 Per Bank of Toronto share. 168,364 175,097 ; cent. State Institutions WISCONSIN June 29 Ask Per Bank'of Nova Scotia 12.000.000 24,000,000 256,236,598 1.800.000 . Bid Par 100 I no par stock. Trust funds. All stock held by Old National Corp. Called for Redemption following tabulation indicates alphabetically Corporation bonds and stocks which are being prepaid entirety. BONDS American Colortype 6% due 1942, Aug. 1 at 101. American Seating Co. 6% stamped due 1946. July 31 at 102. Arkansas-Missouri Power Corp. 5% series A due 1957, Aug. 22 at 100. Central Foundry Co. 1st mtge. 6% due 1941, Sept. 1 at 102. Brooklyn-Manhattan Transit 4k % due 1966, Aug. 2 at 103. Collateral trust serial 3% due 1941, Aug. 2 at 104M. Collateral trust serial 3k% due 1942, Aug. 2 at 107. Collateral trust serial 3k % due 1943, Aug. 2 at 106M. Collateral trust serial 3k% due 1944, Aug. 2 at 105k. Collateral trust serial 3% % due 1945, Aug. 2 at 105. Collateral trust serial 3k % due 1946, Aug. 2 at 104k. Collateral trust serial 3k% due 1947, Aug. 2 at 103kCollateral trust serial 3k% due 1948, Aug. 2 at 103 k. Collateral trust serial 3k% due 1949, Aug. 2 at 103k. Collateral trust serial 3k % due 1950, Aug. 2 at 103k. Collateral trust serial 3k % due 1951, Aug. 2 at 103. Cleveland Electric Illuminating Co. 1st 3k % due 1965, Aug. 21 at 105. General Motors Acceptance Corp. 3 k% due 1951, Aug. 6 at 103. BONDS , {Concluded) Iowa Southern Utilities Co.— 1st & ref. 5k% 1st & ref. 5k % (series of 1935) due 1950, Nov. 2 at 105. (series of 1925) due 1950, Jan. 1, 1941, at 102 i Jersey Central Power & Light 5% series B due 1947, Aug. 1 at 101 k. Minnesota Tribune & Manistique Pulp & Paper Co.— 5k% due 1941, Sept. 1 at 100. Mortbon Corp. of N. Y. coll. tr. 5% due 1941, Sept. 1 at 100. North American Light & Power Co. deb. 5k % due 1956, Oct. 2 at 102. North Central Gas 5k% due 1955, Aug. 20 at 103. Pennsylvania Glass Sand Corp. 4k % due 1960, Aug. 31 at 105. Peoples Water Service (Md.) 6% due 1949, Aug. 1 at 105. Riordan Pulp & Paper, Ltd., 6% due 1942, Dec. 31 at 105. St. Paul Union Stock Yards 5% due 1946, Oct. 1 at 103. Scoville Mfg. Co. 5k% due 1945, Sept. 16 at 104. Shippers Car Line equip, trust 5% series F due 1941-45, Aug. 1 at 101. Huntington Water Corp. 1st 6% series A due 1954, Aug. 26 at 102. 1st 5% series B due 1954, Aug. 26 at 101. 1st 5% series C due 1962, Aug. 26 at 105. Southwestern Associated Tel. Co. 1st 5% series A due 1961, Aug. 31 at 104. Illinois Commercial Telephone Co.— 1st 5% series A due 1948, Aug. 1 at Stanley Crandall (Washington, D. C.) 6% due 1946, Aug. 1 at 102k- 1st 5% series B due 1960, Aug. 102. 1 at 103. Indianapolis Power & Light 3k% due 1968, Sept. i.6 at 105. Serial notes—3% due Aug. 1, 19j40, Aug. 1 at 100. 3% due Aug. 1, 1941, Aug. 16 at 103. 3k% due Aug. 1, 1942, Aug. 16 at 104. 3k% due Aug. 1, 1943, Aug. 16 at 103. 3k% due Aug. 1, 1944, Aug. 16 at 102. 3W% due Aug. 1, 1945, Aug. 16 at.101. 4% due Aug. 1, 1946, Aug. 16 at 103. 4% due Aug. 1, 1947, Aug. 16 at 102. 4% due Aug. 1, 1948, Aug. 16 at 101. / / Staley (A. E.) Mfg. 4% due 1946, Aug. 5 at 103. Texas Corp. 3k% due 1951, Aug. 12 at 103. Union Pacific RR. 1st & ref. 4% due 2008, Sept. 1 at 107k> 1st & ref. 5% due 2008, Sept. 1 at 107k. U. S. Cold Storage (Kansas City) 6% series A due 1946, Aug. 6% series B due 1949, Aug. 1 at 102. STOCKS Ogden Corp. 5% preferred, July 29 at 50. Philip Morris & Co., Ltd., 5% preferred A, Aug. 30 a 1107k ,)a 1103 MONTHLY EEVIEW 112 DAILY RATES OF FOREIGN EXCHANGE France Switzerland Portugal Canada Argentina Franc Franc Escudo Dollar Peso Cables Checks Checks Cables Checks Cables July 1- 22.61^a.65^ .62a22.66 3.78Ha3.81 July July 2.. 22.63a22.66 July July July July July July July 3_. 22.65a22.69 .63Ha.66H 3.77Ha3.80 a3.84 .65Ha22.70 3.80 , HOLIDAY 4„ July July 5- 22.65a22.68 .65Ha22.69 3.70 a3.82 July 6„ 22.65a22.68 .65Ha.68H 3.75 a3.78 July SUNDAY 7-. July 22.65a22.68 July 13— No rates No rates July 14— available available .65Ha22.69 3.75 a3.82 22.64 Ha22.67 July 12.. a3.79 22.65a22.68 9— July July lOJuly ll— .65Ha22.69 3.75 .65a22.68 3.76Ha3.95 22.64Ha.67 H 22.65Ha22.68 8— .65a22.68 3.75 a3.95 66a22.68H 3.67Ha3.95 22.66a22.68 66Ha.68H 3.81Ha3.95 SUNDAY July 15.. July 16— 22.67a22.72 July 17-. 22.70a22.73 67Ha22.73 3.86Ha3.90 a3.90 ,71a22.75H 3.83 a3.90 70Ha.73H 3.80 July 18.. 22.69Ha22.73 ,70a22.74 July 19— 22.68a22.73 68Ha.73H 3.81 Ha3.90 ,70Ha22.73 3.84Ha3.90 22.70 Ha22.75 3.83 a3.90 July 20.. 22.70a22.72H July 21.. SUNDAY July 22.. 22.70Ha.73H ,71a22.74 July 23July 24.. 22.71a22.74 ,71Ha22.75 3.80 a3.90 22.71a22.73H 71Ha22.74 3.83 a3.90 July 25.. 22.7.1 Ha22.74 22.71Ha22.74 72a22.74H 3.85 a3.90 July 26- July 27.. SUNDAY 22.72a22.75 July 30- 22.73a22.74H July 31— a3.90 72a22.75 3.83Ha3.90 a3.90 ,72Ha22.75 3.85 22.72a22.74 July 28.. July 29- 3.87 22.72a22.74H a4.00 72Ha22.76 3.85 a4.00 73Ha22.75 3.84 ,72Ha22.75 3.82Ha4.00 July July July July July July July July July July July July July July July July July July July July July 1 2 3 4 5 6 7 8 — — 9 10 11 12.. 13 14 15 16 17 18 19 20 21.—... 22 23.. 24 ... 25 — 26— 27. 28. 17 a 13%% discount 16Hal6si»% discount l6Hal5H% discount July 31 Checks 29.77 57.27a58.00 29.77 57.27a58.00 57.26a58.00 HOLIDAY 29.77 15Hal2H% discount 12Ha 12% discount 29.77 57.26a58.00 57.26a58.00 SUNDAY 13 Ha 12% discount 29.77 57.26a58.00 14Hal3H% discount 29.77 14 Ha 14 H% discount 29.77 57.25a58.00 14Ha 14% discount 14Ha 13% discount 13Hal2H% discount 29.77 57.2'5a58.00 57.26a58.00 57.23a58.00 No rates 29.77 57.06a58.00 available 12HallH% 12Hal2H% 12Hal2H% 12HallH% llHallH% llHallH % 29.77 SUNDAY 29.77 56.98a58.00 discount discount 29.77 56.98a58.00 discouht 29.77 56.97a58.00 discount 29.77 discount 29.77 56.97a58.00 discount 29.77 56.98a58.00 56.97a58.00 SUNDAY 11 HallH% llHallH% llHallH% 12HallH% 13Hal2H% 12Hal2H% 29.77 discount discount discount discount 56.98Ha58.00 29.77 57.02a58.00 29.77 57.02a58.00 29.77 discount discount 57.02a58.00 29.77 57.02a58.00 29.77 57.02a58.00 SUNDAY 29.77 57.02a58.00 29.77 29.77 12Hal2% discount 123i«allH% discount 11 HallH% discount July 30 Peso Cables 29.77 —... July 29 Colombia 56.98Ha58.00 56.98Ha58.00 Ecuador Germany Sweden Hungary Brazil Chile Bolivia Reichsmark Krona Pengo Milreis Peso Boliviano Sucre Cables Cables Checks Checks 5.03a5.15 Cables Checks Cables 39.97a40.12 Checks Checks Cables 23.82 Ha23.89 .83a23.90 17.59al7.75 3.00 5.70 23.83a23.89 17.59al7.75 5.02a5.15 5.17 3.00 5.70 23.83a23.89 ,83Hu23.90 ,83Ha23.90 July July 5.17 39.97a40.12 39.97a40.12 17.59al7.75 July 5.02a5.15 5.17 3.00 5.70 July 39.97a40.12 23.83a23.89 ,83Ha23.90 17.59al7.75 July 5.02a5.15 5.17 3.00 5.70 July 39.98a40.12 23.83a23.88 ,83Hu23.90 17.62al7.75 July 5.02a5.15 5.17 3.00 5.70 July July July SUNDAY July 39.98a40.12 HOLIDAY July HOLIDAY July SUNDAY July 23.83a23.88 17.59al7.75 5.03a5.15 5.17 3.00 5.70 July 39.98a40.12 23.83a23.89 ,83Ha23.89 .83Ha23.90 17.59al7.75 July 5.03a5.15 5.17 3,00 5.70 July 10 39.98a40.12 23.84Ha23.89 ,85a23.90 17.59al7.75 July 10- 5.03a5.15 5.17 3.00 5.70 July 11 July 12 39.98a40.13 23.82a23.89 July 11. 5.03a5.15 5.17 3.00 5.70 39.98a40.12 23.82a23.90 17.59al7.75 5.17 3.00 5.70 23.84a23.89 July 12. July 13. 5.00a5.15 39.98a40.20 ,82Ha23.90 ,82Ha23.91 ,84Ha23.90 17.59al7.75 No rates 5.01a5.15 5.17 3.00 5.70 July 14. available July 15 40.00a40.12 July 16 40.00a40.12 23.82 Ha23.90 23.84a23.90 July 17 40.00a40.12 23.84a23.91 July 18 39.98a40.12 23.85a23.90 July 19 39.98a40.12 23.84a23.90 July 20 39.96a40.12 23.85a23.90 July 21 July 22 39.95a40.12 23.81a23.91 July 23 39.95a40.12 July 24 July 25 39.97a40.12 July July 13 No rates July 14 available 17.58al7.75 SUNDAY July SUNDAY 17.58al7.75 July 15. 5.02a5.15 5.17 3.00 5.70 ,84Ha23.91 ,84Ha23.92 ,85Ha23.91 19.38al9.75 July 16. 5.02a5.15 5.17 3.00 5.70 19.37al9.50 July 17. 5.03a5.15 5.17 3.00 5.70 19.37al9.50 July 18. 5.02a5.15 5.17 3.00 5.70 .84Ha23.91 85Ha23.91 19.37al9.50 July 19. 5.03Ha5.15 5.17 3.00 5.70 19.37al9.50 July 20. 5.03a5.15 5.17 3.00 5.70 .81 I9.37al9.50 July 22. 5.03a5.15 5.17 3.00 5.70 23.83a23.91 Ha23.92 ,83Ha23.92 19.37al9.50 July 23. 5.03a5.15 5.17 3.00 5.70 23.82 Ha23.91 .83a23.92 19.37al9.50 July 24. 5.03a5.15 5.17 3.00 5.70 39.97a40.12 23.83a23.89 ,83Ha23.90 19.37al9.50 July 25. 5.03a5.15 5.17 3.00 July 26 39.97a40.12 23.85a23.89 ,85Ha23.90 19.37al9.50 5.03a5.15 5.17 3.00 5.70 July 27 July 28 39.97a40.12 23.84Ha23.89 ,85a23.90 19.37al9.50 July 26. July 27. 5.03a5.15 5.17 3.00 5.70 83a23.91 SUNDAY July 21. SUNDAY SUNDAY July 29 39.97a40.12 July 30 40.00a40.12 39.99a40.12 .85a23.90 23.80a23.89 19.37al9.50 .84Ha23.91 .80Ha23.90 23.84 Ha23.89 23.84a23.90 July 31 19.37al9.50 19.37al9.50 5.70 SUNDAY July 28. July 29. July 30. July 31. 5.03a5.15 5.17 3.00 5.70 5.00a5.15 5.17 3.00 5.70 5.00a5.15 5.17 3.00 5.70 Peru Japan Hongkong • Uruguay Finland Lira Peso Bolivar Sol Yen Dollar Cables Italy Spain Venezuela Cables Cables Cables Cables Markka Cables Cables July 1— 65.83 23.43a23.50 23.48a23.60 July 1— 9.13a9.25 5.03Ha5.07 1.98a2.05 July 2„ 65.83 28.50a29.00 15.50al6.00 23.43a23.50 23.50a23.70 July 2- 9.13a9.25 5.03 a 5.07 1.98a2.05 July 3- 65.83 28.50a29.00 15.50al6.00 23.43a23.50 23.61a23.73 July July July July 3__ 9.13a9.25 5.03 a5.07 1.98a2.05 July 4- July 5— 65.83 28.90a29.00 15.50al6.00 23.43a23.50 23.00a23.56 July 6— July 7— July 8— 9.13a9.25 July 9— 9.13a9.25 July 10July 11— 9.13a9.25 9.13a9.25 July 12- 9.13a9.25 Checks Cables Checks HOLIDAY 4__ 5„ No rates 9.13a9.25 No rates July 14- available SUNDAY available July July July July July July 65.83 28.90a29.00 15.00al6.00 23.43a23.50 23.39a23.45 7— 8- 65.83 28.90a31.75 15.00al6.00 23.43a23.50 23.20a23.50 65.83 28.90a31.75 15.00al6.00 23.43a23.50 23.30a23.50 65.83 28.90a31.75 15.50al6.00 23.43a23.50 23.39a23.40 1.95a2.05 9-_ July July 10July 11— 65.83 28.90a31.75 15.50al6.00 23.43a23.50 1.95a2.05 July 12— 65.83 29.00a31.75 15.50al6.00 23.42a23.50 22.78a22.90 1.95a2.05 July 13- 65.83 29.00a31.75 15.50al6.00 23.43a23.50 22.98a23.12 23.43a23.50 22.98a24.10 1.98a2.05 a5.07 1.99a2.05 SUNDAY July 13„ HOLIDAY July a5.07 5.03 9.13a9.25 15.50al6.00 July 5.03 9.13a9.25 6.. 28.90-a29.00 5.03Ha5.07 5.03Ha5.07 5.03Ha5.07 5.03Ha5.07 5.03Ha5.07 5.03Ha5.07 1.94a2.05 1.97a2.05 July 14.. SUNDAY SUNDAY 1.95a2.05 22.75a23.10 SUNDAY SUNDAY July 15.. 65.83 29.00a31.75 15.50al6.00 15— 9.13a9.25 5.03 a5.07' 1.96a2.05 29.00a31.75 15.50al6.00 23.43a23.50 23.82a23.96 16— 5.03 a 5.07 1.96a2.05 July 16.. July 17.. 65.83 9.13a9.25 65.83 29.00a31.75 15.50al6.00 23.43a23.50 23.41a23.80 17— 9.13a9.25 5.03 a5.07 1.96a2.05 July 18- 65.83 29.00a31.75 15.50al6.00 23.43a23.50 23.79a23.90 18- 9.13a9.25 5.03Ha5.07 1.96a2.05 July 19- 65.83 29.00a31.75 15.50al6.00 23.43a23.50 23.75a24.40 19.. 9.13a9.25 5.03 a5.07 1.96a2.05 29.00a31.75 15.50al6.00 23.43a23.50 9.13a9.25 5.03 a5.07 1.96a2.05 July 20July 21.. 65.83 20- July 22-. 65.83 29.00a31.75 15.50al6.00 23.43a23.50 23.98a24.00 July 21 SUNDAY — 24.00 SUNDAY July 22.. 9.13a9.25 5.03 a5.07 1.97a2.05 29.00a31.75 15.50al6.00 23.43a23.50 23.62a23.80 9.13a9.25 5.03 a5.07 1.97a2.05 July 23July 24.. 65.83 July 23July 24.. 65.83 29.00a31.75 15.50QU6.00 23.43a23.50 23.85a24.00 9.13a9.25 5.03 a5.07 1.97a2.05 July 25- 65.83 29.00a31.75 15.50al6.00 23.43a23.50 23.85a24.00 July 25- 9.13a9.25 5.03 a5.07 1.97a2.05 65.83 29.00a31.75 15.50al6.00 July 26— 9.13a9.25 5.03 a5.07 1.97a2.05 July 26July 27.. 65.83 29.00a31.75 15.50al6.00 July 27— July 28— 9.13a9.25 5.03 a5.07 1.97a2.05 July 28— July 29— 65.83 29.00a31.75 SUNDAY 23.43 Ha23.50 23.80a23.84H 23.43a23.50 23.89a23.90 15.50al6.00 23.43a23.50 23.89a23.92 SUNDAY July 29— July 30- 9.13a9.25 5.03 a4.07 1.97a2.05 July 30- 65.83 29.00a31.75 15.50al6.00 23.43a23.50 23.50a23.72 9.13a9.25 5.03Ha5.07 1.97a2.05 July 31— 65.83 29.00a31.75 15.50al6.00 23.43a23.50 23.45a23.52 July 31.. 9.13a9.25 5.03 a5.07 1.97a2.05 Philippine Straits Rumania Bulgaria Yugoslavia Greece Shanghai Islands Settlements India Java Leu Lev Dinar Drachma Yuan Dollar Peso Dollar Rupee Guilder Cables Cables Cables Cables Cables Cables Checks Cabtes Cables Cables July 1— .50a.55 1.00 1— .50a.55 1.00 .67Ha.71H .66Ma.71H July 2_. a.72 July 2— 5.97Ha6.20 6;02 a6.20 49.79a49.85 July 3_. .50a.52 1.00 2.24Ha2.38 2.24Ha2.38 2.24Ha2.38 .67Ha.72 July .67 .67Ha.72 July 3.. 6.04 49.79a49.85 July 4.. July 4.. July July 5.. .50a.52 1.00 5— 6.06 a6.18 49.79a49.85 47.11Ha47.62 30.11 a30.35 6_. .50a.52 1.00 July July 6- 6.10 a6.37 49.79a49.85 47.08 a47.62 30.17 a30.35 53.38 July 7.. July 7- July 8.. .50a.55 1.00 .66Ha.72 July 8- 53.38 July 9„ .50a. 55 1.00 9.. 10— ,50a.55 1.00 11.. .50a.55 1.00 12.. .50a. 55 1.00 •66Ha.72 .66Ha.72 .66Ha.72 .66 Ha. 72 July July July July July 13„ .50a.55 1.00 .66Ha.72 HOLIDAY 2.24Ha2.38 2.24Ha2.38 2.24Ha2.35 2.24Ha2.35 2.24Ha2.35 2.24Ha2.35 2.24Ha2.35 2.24Ha2.35 1.00 July 16.. .50a.55 1.00 17.. .50a.55 1.00 July 18— July 19.. .50a.55 1.00 .50a.55 1.00 July 20— .50a.55 1.00 July 22— July 23- .50a.55 1.00 2.24Ha2.35 .50a.55 1.00 July 24„ .50a.55 1.00 July 25— .50a.55 1.00 2.24Ha2.35 2.24Ha2.35 2.24Ha2.35 July 26— .50a.55 1.00 2.24Ha2.35 2.24Ha2.35 2.24Ha2.35 2.24Ha2.35 2.24Ha2.35 2.24Ha2.35 .50a. 55 1.00 2.24Ha2.35 2.24Ha2.35 July 29- .50a.55 1.00 2.24Ha2.35 .67 a.72 .66 Ha.71H .66Ha.71H .66Ha.71H .66Ha.71H .66Ha.71H .66Ha.71H July 30.. .50a.55 1.00 July 31 .50a.55 1.00 2.24Ha2.35 2.24Ha2.35 a6.15 49.79a49.85 .66 Ha.71H .66Ha.71H .65Ha.71H .66Ha.71H .65Ha.71H .66Ha.71H .66Ha.72 .66Ha.72 .66Ha.72 .66Ha.72 .65Ha.72 .66Ha.72 47.11 Ha47.62 30.12Ha30.35 a30.35 47.11Ha47.62 30.11 47.11 Ha47.62 30.12Ha30.35 53.38 53.38 53.38 HOLIDAY 53.38 SUNDAY 6.05 a6.37 49.79a49.85 a6.25 49.79a49.80 47.11 Ha47.62 30.12Ha30.35 a30.35 47.11Ha46.62 30.11 July 10— 6.10 a6.20 49.79a49.80 47.11 Ha47.62 30.12Ha30.35 53.38 July 11— 5.91 a6.10 49.79a49.80 a30.35 53.38 July 12— 5.80 a6.11 49.79a49.80 a30.35 53.38 July 13— 5.91 a6.10 49.79a49.80 47.11Ha47.62 30.14 47.11Ha47.62 30.15 47.11Ha47.62 30.16 a30.35 53.38 30.14 a30.35 53.38 30.15 a30.35 53.38 30.14 a30.35 53.38 30.14 a30.35 53.38 30.14 a30.35 53.38 a47.62 30.20 a 30.35 53.38 6.07 July 14._ 53.38 SUNDAY July 15— 6.12 a6.16 49.79a49.80 July 16— July 17— 6.06 a6.12 49.79a49.80 6.06Ha6.30 49.79a49.80 July 18— 6.07 a6.25 49.79a49.80 July 19.. 6.06 a6.25 49.79a49.80 47.11Ha47.62 47.11Ha47.62 47.11Ha47.62 47.11 Ha47.62 47.1lHa47.62 July 20.. 6.15 a6.25 49.79a49.80 47.08 6.05Ha6.12 49.79a49.80 47.11 Ha47.62 30.17 47.11Ha47.62 30.17 a30.35 53.38 a30.35 53.38 .66Ha.71H .65Ha.71H .65Ha.71H .65Ha.71H .65Ha.71H .65Ha.71H .66Ha.72 July 21 July 22- .66 Ha.72 July 23.. 6.02 a6.25 49.80a4913i# .66Ha.72 .66Ha.72 .66Ha.72 .66Ha.27 July 24.. 6.08Ha6.18 49.80a4913i6 47.11Ha47.62 30.19 a30.35 53.38 July 25.. 6.12 a6.20 49.80a4913i# a30.35 53.38 July 26— 6.08 a6.20 49.80a4913i# 47.11 Ha47.62 30.17 47.11 Ha47.62 30.17 a30.35 53.38 49.80a4913i# 47.11 Ha47.62 30.17 a30.35 53.38 .65Ha.71H .66Ha.71H July 27July 28.. July 29— 6.12 .66Ha.72 .66 Ha.72 ,65Ha.72 49.80a49ui# 47.11Ha47.62 30.17 47.11Ha47.62 30.15 47.11Ha47.62 30.17 a30.35 53.38 a30.35 53.38 a30.35 53.38 SUNDAY — SUNDAY July 28— — .66Ha.71H .67Ha.72 SUNDAY July 21— July 27.. a. 71H SUNDAY ,50a.55 July .67 SUNDAY July 14.. July 15— a. 71% .67 .65Ha.71H a6.25 SUNDAY, 6.12 July 30— 6.06a6.10 49.80a4913n July 31- 5.99Ha6.15 49.80a49lln