The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
| BUS. ADM L|f»*A*Y DEC 10 1938 BANK /QUOTATION RECORD KEH. U. S. PAT. OFFICE NOVEMBER IN RETROSPECT Pag« Financial and Commercial 1 Event* Cotton Course of the Stock Market — Dividend Declaration* Bank—Broker*' Loan* .16 Federal Reserve Foreign 8 -13 11 4 ...-."--53 Affairs.. Foreign Exchange.. 8 Grain—Coffee—Sugar Hides and Leather Iron and Steel Trade Money Market New Security Issues Its Products Petroleum and Rubber ... Textiles United States INDEX TG STOCK EXCHANGE Treasury Financing QUOTATIONS P«t« Baltimore Boston ...67 Stock Exchange Exchange 41 * Exchange—Bonds 19 New York Stock Exchange—Stocks 31 - .......66 Cleveland Stock Exchange Angeles Stock Exchange San Francisco Stock !.59 Pittsburgh Stock Exchange 64 .... 61 Philadelphia Stock Exchange 60 Detroit Stock Exchange. Los Exchange New York Stock 64 Stock Exchange Chicago Stock New York Curb 68 Exchange 62 INDEX TO GENERAL QUOTATIONS y'Sv:'<r' -'V-,;': • Municipal Bonds— 100 111 Domestic Canadian Canadian 83 Public 91 Public Utility Bonds -.92 Foreign Government 91 Domestic Land Bank Bonds. Exchange Seats Federal Page Par* ;r Companies— Banks and Trust 93 ... 73 Utility Bonds 78 Stocks 67 Railroad Bonds Industrial Bonds 81 Industrial Stocks 84 Real Stocks ....99 71 Railroad Stocks Insurance Investing Companies Securities Joint Stock 72 Land Bank— HI Mill Stocks—see 84 84 84 i Guarantee and B. William DANA Deposit 84 Stocks United States Territorial Bonds 9. WILLIAM Safe United States Government Securities.. 91 Textile Stocks— Mining Stocks Real Estate Trust and Land Stocks Textile Stocks Title Securities ..-112 Estate Bonds COMPANY, Street, Corner of 91 193S PUBLISHERS Spruce Street, New York Jtafje geposit and ^rust Co —OF BALTIMORE— Capital $2,000,000 Surplus and Profits $4,196,364 1876 this Company has devoted itself cAuiuaively to the management and conser¬ vation of estates—specializing the whole effort of its highly trained organization in this business. It is one of the few trust companies in the which has never engaged in general banking, selling securities, etc. Its Directors are: country Edwin G. Baetjer Venable Baetjer Howard Charles H. Babcock-Reynolds & Co. William G. Baker, Jr_ .Baker, Watts <fc Co. Howard Bruce.- -Chairman of Board of Balti¬ more National Bank George C. Cutler President of Safe Deposit and E. President Trust Co. of Baltimore Asbury Davis of United States Fidelity and Guaranty Co. Lyman Delano Chairman of Board of Atlantic Coast Line R. R. Co. Robert Garrett -Robert Garrett & Sons Norman James -President of James Lumber Co. J. Edward Johnston Capitalist Blanchard Randall -Gill & Fisher Charles E. Riemail .Pres. of Western Nat. Bank QUOTATION RECORD REQ. U. S. PAT. OFFICE Congress, Washington, D. C. under the Act of March 3, 1879, Copyright in 1938 by WILLIAM B. DANA COMPANY, in office of Librarian of as Second Class Matter, March 9, 1928, at the Post Office at New York, N. Y., Entered Polish Bank Quotation Record and Quotation Record is one of the companion publications Financial Chronicle and is issued monthly. of the Commercial & ^ United States and Territories; $16.50 in Canada; $18.50 in South (except Argentina), Spain, Mexico and Cuba, and Chronicle Terms for the and U. S. Possessions and Central America $15 per annum within the are $20Iin other foreign countries. price to the Bank and Quotation Record is '' Postage outside of United States extra. Single copies are $1.00 per copy. ' The subscription a year. CHICAGO OFFICE—208 WILLIAM B. DANA COMPANY, '' $10.00 sold at William Street corner Spruce E.G. While the reversal of the November. on development important most the typically was suffered Nov. 8, in what of President Roosevelt setback at the election polls first its in a shocked public opinion in believe that such things could occur in a twentieth-century civiliza¬ tion." Germany took identical action on Nov. 18 with Germany has deeply days from the United States. during The involves service dispute dominate all increased been 40,000,000 when fully totaled, the highest election, the electorate returned a made up as follows: Senators: 69 Democrats, 23 figure for any mid-term Congress Farmer-Laborites, 1 Progressive and 1 Inde¬ Republicans, 2 Representatives: 262 Democrats, 170 Republicans, Farmer-Laborite and 2 Progressives. The Democrats pendent. 1 secured 30 Commenting Nov. on 18. results, President Roosevelt governorships, while the Republicans secured the elecion on that said 11 they do not constitute a threat to though the disclosure of personal forecast showed that the Republicans had fared better than he anticipated. In his only "campaign" speech, the President, in a nation-wide broadcast from Hyde Park, N. Y., on Nov. 4, urged the Nation to preserve the advances of liberalism in the general elections and called specifically major Administration policies, even his of Governor Lehman for the reelection both whom of and won, Governor and Senator Wagner, Frank B. Murphy of In his speech the Presi¬ dent put the "old-line Republicans" of the State and Nation in the same category with Fascists and Communists as Michigan; the latter was defeated. and gave, evidence and national office only sympathetic to the objectives of the New potential threats to American democracy, of favoring those who Deal. the election to State were "Those who the so-called dicted a to prevent any further advance of New Deal programs. Return United States Ambassador to Berlin Hugh Wilson— Dr*Hans Dieckhoff, German Ambasasdor, Recalled of Following the lull since the in signing of the Munich accord September, President Roosevelt was international relations during the past increasingly apparent that priations for national the next Congress. many, again concerned with month; and it became unprecedented peacetime appro¬ defense purposes wrould be sought at Adminis¬ of a shift of emphasis in Federal spending from work relief as it is now conducted under the WPA to job-producing projects under a national defense program. There was no official statement on the conference. Meanwhile, President Roose¬ velt announced on Nov. 18 that in an effort to tie in the different agencies of Government so that national problems Nov. 14 on the possibilities would be viewed as a whole, he was appointing a temporary Rath, German Embassy Secretary in Paris, by a 17-year-old fiscal and monetary national income. to canvass board advisory relating to production and problems international picture was the signing by reciprocal trade agree¬ Canada and with the United Kingdom of Great Northern Ireland, Newfoundland and the British Figuring in the the United States ments with Britain and of the long-awaited Colonial Empire on Nov. 17, to which further reference is made below. New Constitution Permanent status was Organization Industrial when it held its first of C. /. O. accorded (now Organizations, according to the to the Committee for the Congress of Industrial newly-adopted Constitution) 14. convention in Pittsburgh on Nov. President Roosevelt—almost Federation of Labor convention at Houston last month—that the C. I. O. hold open "every possible door to access to peace" in the warring labor movement, the delegates to the convention unanimously accepted on Nov. 15 "the goal of unity in the Responding plea the to identical with the one he must be attained of sent the American their objective; but insisted that peace without compromising the principle of form¬ industrial unions and protecting their mem¬ dismemberment by craft unions. Complete har¬ ing powerful prevented by the absence of International Ladies' Garment Workers Union. A resolution of the Executive Committee of the I. L. G. W. U. adopted on Nov. 11 severed the union's ties with the C. I. O. Indicating that its decision to remain mony at the convention was delegates from the independent of both the A. F. of based on the ground that it was L. and the C. I. O. was opposed to "dualism," the garment union insisted that it was the formation of a unable to take part in with national organization competitive the A. F. of L. Wage and Hour Law The violent persecution of Jews in Ger¬ ostensibly prompted by the murder of Ernst vom with Secretary Hopkins, Works Progress trator, and others on bers against with the Re¬ placed before the next the President conferred Morgenthau, Harry L. "middle class," Washington observers pre¬ coalition of the "plain" Democrats publicans other measures to be session of Congress, labor movement" as at veteran fighters in that by presidential aides that the now being formulated would program its own sake cause," the Ascribing the defection in New Deal ranks do not throw stones to sincerely join the struggle and economic democracy for for social justice President said. truly and ^ indications with defense expected to reach of Austria's relief and con¬ amounting to approxi United States National Defense Program Along Representatives to their congressional number of Republican Governors by 11. With the nation-wide vote remain in Wash¬ mately $35,000,000. national representation, while the Mr. Wilson would being. struction loans from the Democratic had to the United States, Dr. Hans inferred at a press con¬ Meanwhile, the United States Embassy in Berlin was instructed by the State Department on Nov. 25 to send another note to the German Foreign Office insisting upon assumption by the German Govern¬ ment of Austrian Government obligations to this country. Republican party scored ma¬ terial gains in both congressional and gubernatorial elec¬ tions and showed evidences of a strong opposition in 1940. The final count showed that the Republicans had added congressional majorities, the eight Senators and 82 I myself could scarcely ... President Roosevelt New Deal trend did entire wiping out of the huge not result in the attacks on the Jews, the President "The news of the past few statement on Nov. 15 said: ington for the time virtually unchallenged leadership, the After six years of "for report once ference on Nov. 29 that Publishers, Street, New York FINANCIAL EVENTS New Deal Administration at return cognizance of Germany's H. Dieckhoff. NOVEMBER—COMMERCIAL AND REVIEW OF 14 to ask Ambassador to Germany, and consultation." * Taking Roosevelt on Nov. President led respect to its Ambassador South La Salle Street. QFFICE—Edwards & Smith, 1 Drapers' Gardens, LONDON Jew, Hugh R. Wilson, the United States to The Bank and NO. 12 DECEMBER 9, 1938 NEW YORK, VOL. 11 Elmer F. Andrews, Administrator of the Wage and Hour Division, continued to be faced with numerous requests for 2 MONTHLY REVIEW clarification of the application of the Fair Labor Standards Act, which went into force on Oct. 24. Actions and rulings of Mr. Andrews's agency during the month included: Recommendation, after hearings, that Mr. Andrews deny the application telegraph companies for exemption of about 20,000 of the major messengers the minimumm wage provisions of the Act, which recommendation agreed to by the telegraph companies on Nov. 14. A ruling on Nov. 3 that employers are not permitted to average workers' from was time two over weeks. declaration A to the 25c. wages "a most A V ' by Mr. Andrews Nov. on hourly minimum as 22 illegal manner." comment members by Mr. upon opinion an Association of the of law report to the President a Congressional in the conduct of automobile law that employees on Committee investigating the hearing witnesses representing the private of whom was Wendell L. Willkie, President of the Commonwealth & Southern utility group. Mr. Willkie on Nov. 23 criticized the "alliance" between the TVA and the PWA, under which, he contended, PWA grants used to urged the committee to call upon the SEC to fix a fair price for the sale of the Tennessee Electric Power Co., one of the four C. & S. operating com¬ in the Tennessee Valley, to Roosevelt, in 2,000 workmen, "contribution a work was eration to the TVA. Meanwhile, Chattanooga, Tenn., address at Nov. 21, said that they on to an were making civilization," and that their American example of what could be done through coop¬ an between Federal conserving the natural them to the greatest and governments toward resources of the Nation while possible President Roosevelt States on putting executive order an authorizing the congressional committee which is investigat¬ ing the Tennessee Valley Authority to inspect income and excess profits tax return of utility executives and companies. Supreme Court Rulings There were decisions no before the current cases Court. preme on of the any session of the The chief activities of important more United States the court during the month were: The decision impose Committee A subjected to ruling ginners on the money. An 1933 law upholding the right of i the State of Virginia to the on proceeds of producer of cotton a Nov. on 7 to review a abrogating the gold clauses in Co. New of providing trust a estate which for York the previously income tax in New York. an who paid by the Bankhead Production Control law might -:7:*. agreement Trust 7 7 that Nov. on contends payment that suit the law in did which not guilders to sue involving the securities Netherlands of taxes imposed recover of scope the annul A Green and John L. Lewis Business leaders testified during the month before committee of the Senate Finance Committee decision Nov. on Biscuit from 14 Co. selling decision on may restrict use of refusing to sustain against a the breakfast license. a An strike A Nov. an of 21 a an Kellogg cereal Co. under injunction to obtained prevent the words reaffirming its May 2 ruling that device after its Nov. on employer may manufacture the by latter "Shredded and a patent holder sale by the terms ;v, v - agreement whether 21 to review a case involving the question of discharge workmen who participate in a sit-down (the Fansteel Co. case). decision on Nov. purchase of securities 7 they tax." The subcommittee, which began its hearings Nov. 21, composed of Senator Herring of Iowa, Chairman, and Vandenberg of Michigan and Johnson of Colorado. Varying opinions as to the desirability of the proposed tax way be deducted from income taxes opened was during the month for paid as for the necessary 15% cut of 930,000 employees as of Dec. 1. In a statement accepting the Board's decision, John J. Pelley, President of a in wages the Association the railroads are reached situation of American Railroads, said: taking this action not because they agree with the by the Board but because they recognize the gravity and because they hope that out of it there will come through cooperation of all concerned a sounder and more equitable trans¬ portation policy for this country. a President Roosevelt assured Mr. Pelley that he would back program of railway aid legislation at the next session of Congress, accepting the advice of railway management and labor. Inquiry into Monopolistic Practices and Anti-Trust Action ; With the Temporary National Economic Committee Congressional-Executive Monopoly Committee) hav¬ ing started its hearings on Dec. 1, the Department of Justice was prosecuting more important anti-trust cases during the (Joint month than it has in many years. On Nov. 15 the depart¬ corporations, scattered from coast to coast, 63 individuals, including business executives, labor leaders and important public officials in two Federal indict¬ ments in Chicago on charges of violating the anti-trust laws ment named 34 and in the Lammot du Pont, proposed levy, and said that, in his opinion, taxation should be for of On Nov. 28 Gerard Swope, President Co., in appearing before the com¬ as his belief that Government must only. revenue the General mittee, Electric it expressed form of incentive taxation if it hoped to induce some industry to stabilize employment through He added was that an annual wage. he "hoped" profit-sharing with employees "good business," but added, "I don't know it." On Nov. 23 William L. Green, President of the American Federation of Labor, proposed before the subcommittee that collective bargaining be extended "as rapidly as possible" into the field of giving labor—over and above its regular of business. Profit-sharing wages—a share in the profits programs were termed "snare and delusion" a on Nov. 30 by John L. Lewis, Chairman of the Congress of Industrial Organizations, in expressing his views. According to Mr. Lewis, labor does not like such programs because they have forward too frequently as a substitute for genuine collective bargaining. The working men, he asserted, wants his day-by-day pay without wraiting for it, and resents "paternalistic generosity." been put Plan for Philippine Independence in 1946 Endorsed by President Roosevelt plan for bringing about the independence of the Philip¬ pines on July 4, 1946, and for establishing a virtual Amer¬ ican protectorate over the trade, finances and economic read¬ justment of the islands for a period of 15 years thereafter was said in Washington on Nov. 28 to have been approved by President Roosevelt. the milk and ice cream industries. The proposal was recommended in of the American-Philippines Jones Preparatory report Committee, made public with the approval of the President. Under the plan legislation would be introduced at the next amending 1934, while later the plan. a Roosevelt the 'Philippines Independence Act of treaty would be negotiated to effectuate Announces that Attorney General Homer S. Cummings Will Retire from Cabinet in January—-James Roose¬ velt Resigns legislative action to aid the railroad industry when on Nov. 4 the Na¬ tion's major railroads withdrew their order for conclusions given before the subcommittee. were President of E. I. du Pont de Nemours & Co., read a state¬ ment to the subcommittee Dec. 1 in which he criticized the President of general system of this character in industry, as to the desirability of the "incentive Senators Move Toward Legislative Action in Behalf of Railroads The a differed Congress holding that brokerage commissions cannot business expenses. The sub¬ a proposed a "incentive tax" designed to stimulate profit-sharing, and to bring about United of Wheat." A on A National company Opens Hearings on "Incentive Tax"— Opposes Levy—Views of Gerard Swope, William Lammot du Pont contract a instead the Guaranty States dollars. the Finance case . Nov. on income tax an had been Su¬ Motors Corp., which de¬ rather than to file consent decrees. Senate adopt use. Nov. 15 issued financing by their subsidiaries. the successful prosecution of an indict¬ the is President on cided to fight yardstick panies conditional were but Willkie under advertising in general, as well as regulation of advertising plans. Thurman Arnold, Assistant Attorney Gen¬ eral in charge of anti-trust cases, stated that the decrees duplicate existing distribution systems in order t<* force him to sell at a price low enough to justify the TVA Mr. decrees of finance interests, chief rates. consent companies agreed to certain important reforms The decrees, in addition to ending the allegedly "coercive" finance practices, carry provisions relating to automotive cerned itself with were the ment pending against the General Tennessee Valley Authority resumed its public hearings on Nov. 14 after a recess since Sept. 2. The committee con¬ utility concluded in Tennessee Valley Authority Joint had which Nov. 9 Mr. Andrews gave it as his opinion that net employment had increased rather than declined "as a result of the Act." The it to hour. an that rendered which compensated at the basic minimum rate of 25c. Chrysler Motor Companies Nov. 7 when the Department of Justice on by its counsel Manufacturers he said that it cannot be fairly interpreted from the Congress intended to make the overtime benefits available only to In dropped announced Andrews the National of Nov. 4 that the Gov¬ June 4 against the Ford and were acting in on an charged with conspiring since February, 1930, to monopolize Kentucky, West Virginia, Ohio and Michigan. The actions taken by the department on were filing the distribution of natural gas in employers who reduced Act was anti-trust suit at Wilmington, Del., against the Columbia Gas & Electric Corp., one of the coun¬ try's largest holding companies, and its subsidiary, the Warfield Natural Gas Co., in which the companies are the that result of a Also, the department announced ernment as White House Secretary Attorney General Homer S. Cummings will retire from the Cabinet in January to resume the private practice of law, it was announced on Nov. 15 by President Roosevelt. No successor President has yet been named. At the announced that his James as son, same the time Roosevelt, had temporarily resigned from the White House Secretariat in order to recuperate from his recent operation. The resigna¬ tion of Mr. Cummings is the first in the Roosevelt Cabinet. Previous changes in the Cabinet were caused by the deaths of Secretary of the Treasury Woodin and Secretary of War Mr. Cummings was appointed on March 4, 1933, the Dern. date of President Roosevelt's first inauguration. He was originally slated foy the post of Governor General of the Philippines, but due to the death of Senator Walsh of Montana, who was to become Attorney General, the appoint¬ ment was changed. ■'President Roosevelt told his press con¬ Attorney General Cummings had asked to be ference that relieved of his duties last July, but was persuaded to remain until October. President Roosevelt Appoints Special Monetary Board President Roosevelt on Nov. 18 advisory board of four to report appointed on fiscal a and temporary monetary policies in relation to national production and income. Those named are: Henry Morgenthau Jr., Secretary of the Treasury; Marriner S. Eccles, Chairman of the Board of Federal Reserve System; Daniel W. Budget, and Frederic A. Delano, Director of the of the National Resources Bell Chairman Committee. Appointed Special Assistant to Secretary of the nounced on Special Assistant to the Secre¬ tary, succeeding Cyril B. Upham, who resigned Oct. 1 to accept appointment as First Deputy Comptroller of the Eugene S. Duffield to be a Currency. Appointed by "President Roosevelt Member of Securities and Exchange Commission of announced Roosevelt on Edward C. Representative in¬ National Economic Committee which is vestigating monopolistic practices. the Temporary Hu Shih Presents Dr. Hu Shih, United States United States, presented his credentials to President Roosevelt on Oct. 28 and received the assurance that the United States advocate the principles of will continue to international law of international relations. The Presi¬ dent's assurance was given after Ambassador Hu told the President that China had found much encouragement in the and orderly processes United States "constructive Finland Appoints international idealism." H. J. Procope as New Minister to Hjalmar Johan Procope on Nov. 2 was appointed Finnish States by President Kyosti Kallio to who was transferred to Italy, it is wireless dispatch of Nov. 2 from Helsingfors, Finland, to the New York "Times." It was further stated: Mr. Procope is ill and will not go to Washington until Feb. 1. Born in 1889, he was Finland's youngest Foreign Minister in 1924. He also served in the post in 1925 and from 1927 to 1932. He also was the Minister to Warsaw. In 1928 he was President of the League of Nations Council. In recent years he was President of the Finnish Paper Exporters V-'- . \J'/1.'''- San Francisco Department Store Strike of Retail Clerks , and Union Agree on New Contract for 2,000 Workers The New York Towboat Exchange and the United Marine Longshoremen's of the International Local 333, Association reached an agreement on Oct. 26 on a new work¬ for 2,000 towboat workers. Negotiations by the towboat operators and union representatives for a final settlement had been under way since the strikers re¬ turned to work on Oct. 19 under a settlement proposed by Mayor LaGuardia. The of an increase of $7.50 ",v agreement provides a wage days, will remain in force and had originally which includes pay for Sun¬ for a year. Lorillard Co. Plant in Middletown, Ohio, Governor Davey Orders Out Troops Strike at P. plant of the P. The tobacco schedule month for unlicensed men a $5.00 a month for licensed men. The union sought a $1.00 a day increase. The contract, concessions of a closed shop and overtime Ended After Lorillard Co. in Middletown, been closed by a strike of the Pioneer Workers Union, a Committee for Industrial Or¬ has which Tobacco ganization affiliate, since Oct. 3, resumed operations on Nov. 3. At a meeting of the union members, on Nov. 2, it was decided to abandon the strike after Governor Martin L. Davey had ordered National Guard troops to Middletown protect workers returning to their jobs. Further action in the settlement was described in the following Associated to dispatch of Nov. 3 from Middletown: Pickets, who blocked an attempt to reopen at of Paul suggestion the intended to file with the Mr. Fuller said he the for a Stockyards Strike at Chicago Ended—Market Temporarily Closed O. of strike A bargaining provisions. He object of the strike in which closed shop and a dues checkoff system. bargaining rights as the primary demands also were made I. National Labor Board charges violated Wagner Labor Act company described c. with¬ end the strike W. Fuller of Cincinnati, Regional Director of I. O. the C. that the plant Oct. 25, were voted before arrival of the troops to when the union drawn succeed Eero Jarnefelt, Association. , contract that expired deadlock over wages and hours. York Towboat Owners Press United States Minister to the United learned from a . i . . begun after negotiations to renew a July 6 had resulted in a Ohio, Chinese Ambassador to the new year a labor costs. The strike was Credentials to President Roosevelt as New Chinese Ambassador to Dr. steam in and thus estimated should be cut from the Aerovox rent, power, bills through the transfer. He said he expected little $69,000 ing contract Nov. 29 the appoint¬ Eicher of Iowa as a member of the Securities and Exchange Commission to fill the vacancy created by the transfer last July of John W. Hanes, now Under-Secretary of the Treasury, to the post of Assistant Secretary of the Treasury. Mr. Eicher is retiring from the House of Representatives when the new Congress convenes in January. At present he is a member of the House Committee on Interstate and Foreign Commerce and President ment and water Division, Representative Edward C. Eicher as least New reduce overhead according to Mr. Cole. He competitive position, its that at reduction of the Treasury Henry Morgenthau Jr. an Oct. 31 the appointment, effective Nov. 1, o:! impossible to escape the in any part of the country. labor organizers of company's sole object in moving was to The improve Treasury Morgenthau Secretary attentions ( Act, he said, it was Under the Wagner intention. Governors of the E. S. Duffield 3 MONTHLY REVIEW Dec., 1938] livestock handlers, which Had Been had closed the since Nov. 21, was terminated on Dec. 5 when the strikers returned to work. An adjustment of the differences was reached on /Dec. 4, when Henry Johnson, Chicago stockyards Ends After 56 Days clerks affiliated with the department stores in San Francisco ended on Nov. 1 when a "basis of settle¬ ment" was ratified by employers and union. Regarding the settlement of the strike, an Associated Press San Francisco dispatch of Nov. 1 said: Striking A. F. of L. union clerks ratified the agreement as the climax of a mass meeting, 1,069 to 1,014. Then Milton Marks, attorney and spokesman for the stores, announced that the operators unanimously had approved the terms. He said employers and union officials would meet organizer for the Packing contract." Terms of the accord, which was reached Saturday, Oct. 29, through efforts of Mayor Angelo Rossi's mediation committee, were not disclosed. Pickets have been marching in front of stores since the strike was called Sept. 7 after store operators and the union became deadlocked over a seniority clause in renewing a contract. Employees asked for House Workers' Organizing Com¬ with the opening The strike 56-day American Federation afternoon this store-wide of retail of Labor against 35 to "execute a employers seniority, departments. Shipowners • demanded that seniority be limited to ;; .//■/ •' and National Maritime Working Conditions ■ Union Sign Agreement Covering of Coast Seamen agreement covering the wages and working conditions approximately 20,000 seamen employed on ships operat¬ ing from Atlantic and Gulf ports was signed on Oct. 31 by officials of the National Maritime Union, a Committee for Industrial Organization affiliate, and representatives of the American steamship companies following extended negotia¬ tions between the American Merchant Marine Institute and the union. It was estimated that about 43% of the industry on the East Coast and the Gulf of Mexico would come under the scope of the agreement; others having been covered under collective pacts. The agreement had been previously ratified by the membership of the union and the shipowners An a referendum. Union Calls Off 11'Week Strike Against Aerovox Corp., Firm Plans to Move to Massachusetts The strike of 11 weeks' duration of the New York- members of the Radio and Machine Workers, a Committee Industrial Organization affiliate, against the Aerovox United Electrical, for Corp., Brooklyn, N. Y., manufacturers of was called off on Nov. 11 as the company radio condensers, prepared to move to New Bedford, Mass. On Nov. 12, 40 members of the Federation of Architects, Engineers, Chemists and Tech¬ nicians, another C. I. O. union, who had been on strike two months, decided to follow the lead of the machine workers and voted to call off their strike. It was stated that the ending of the strike would not affect the company's decision to transfer its operations to New Bedford. The New York "Times" of Nov. 12 said, The union had filed a with the National Labor Relations of "'running away" to defeat union organiza¬ but S. I. Cole, President of the corporation, disclaimed any such Board, accusing the company tion, in part: complaint unanimously to return to Stockyards & Transit Co. agreed to enter into a wriken contract. Associated Press advices from Chicago, Dec. 5L said: The handlers returned to their jbtraafter the Union Stockyards Co. agreed to recognize the Packing House the sole bargaining agent, to continue working conditions, A settlement Worriers' Organizing Committee as negotiations on wages, hours and and' to sanction a written agreement. of the strike was sought late in the month of negotiations between spokesmen for the Union Stockyards Co. and the Livestock Handlers Union, an affiliate of the Committee for Industrial Organization. Both sides conferred with Federal conciliators in an effort walkout. to end the Sales were suspended pending termina¬ In its Nov. 30 issue the Chicago the controversy. of tion Daily Tribune" said, in part: Among the demands of the Livestock Handlers Union No. 567, the C. I. O. A 40-hour week and eight-hour day, with time and a half for overtime, vacations with pay, raises for all men getting less than 62^c. an hour, a closed shop, a written contract, and a checkoff (collection of dues are: group, of in mittee, said union men haw voted work after officials of the (Union employer). by the the demands for wages, hours, settled. They have been firmly opposed to the last three demands, however. The C. I. 0. negotiators have said a settlement could be reached if they were guaranteed a written con¬ tract. About 600 workers, of whom half are C. I. O. members, are involved. Company and working officials have maintained that conditions can be satisfactory Strike at Budd Wheel Wheel Co. Affecting 10,000 Workers Settled the strike at the factories of the Budd Co. and the Edward G. Budd Manufacturing Co., Settlement of announced by company officials on Nov. 13 in which Homer Martin, international President of the United Automobile Workers of America, a Committee for Industrial Organization affiliate, had taken part. The dispute, which, it is said, had forced the Packard VIotor Car Co. to suspend operations due to a shortage of Detroit, was following negotiations affected 10,000 men. The plants were closed on because of the. union's demand for exclusive bar¬ gaining rights for Budd employees. parts, Nov. New 11 Cooperation with SEC Prepares ISProtection to Public—SEC Failure of Richard Whitney A Co. York Stock Exchange in Point Program Report on The New , to Give Further York Stock Exchange on Oct. 31 announced the of a 15-point program "designed to provide ad¬ ditional protection to the public in its dealings with member iirms," and "to enlarge the usefulness and serviceability of he Exchange to the public." The program was worked out with the Securities and Exchange Commission, and was adoption unanimously Exchange. approved by the Board of Governors of the 4 MONTHLY REVIEW Meanwhile, on Oct. 28, President Roosevelt predicted that steps would be taken shortly to prevent future occurrences regarding similar Gerinan municipal and corporate borrowers. to March. the On various collapse Nov. 1 conclusions the failure of Mr. New the in Richard of SEC issued connection Whitney's Curb Exchange Whitney final a with its & Co., report last giving investigation of company. Constitution Adopted by Board of Governors The Board of Governors of the New York Curb Nov. 17 received the draft of on a Exchange constitution, contain¬ new ing the recently-devised plan of reorganization of the Ex¬ change. The plan was referred to the Committee on Con¬ stitution in order to make certain minor changes. Fred C. Moffatt, President of the Board of Governors, suggested that the Constitution Committee be enlarged to handle this work. The constitution revises the old constitution new by dividing it into 13 articles instead of 28, as at present. On Nov. 23 the Board of Governors adopted Constitution and Constitution. amendment to the the new present approval 3:30 upon effective by until the p. m. membership and will Feb. 23, 1939, and the Constitution will become effective as of that date, if approved by the membership. If a majority of 275 members of the Exchange vote in favor of the new Constitution in two weeks from Nov. 23 it will become law. If less than new 275 vote, voting will be left open for two weeks more, and if 275 have not voted by that time the proposal will die. Anglo-American Lengthy States negotiations Governments the British and United reciprocal tariff concessions were ended Nov. 17 when signatures were attached in Washing¬ ton to a new and dollar defaulted references debts included also especially the discrimination of to former the Austria, obligations of The default, by the Reich exercised improvement in the German attitude now can be expected remains a question. There are some independent indica¬ tions, however, that a somewhat more reasonable attitude be taken by the Reich with respect to certain dollar It was announced in New York on Nov. 30 by Siemens & Halske and Siemens-Schuckertswerke A. G., may bonds. electrical that manufacturers, of debentures the company, 6^% sinking fund the on due 1951, 3^4%, hereafter will be available at or interest in dollars half the contractual also offers to make a cash payment of principal value of the obligations to holders who deposit debentures for acceptance of the interest offer. The obligor has, of course, steadily paid the mark equivalent of full interest into the German Conversion Office, but that official agency refused to provide the exchange for dollar debtor The rate. the on payments of any kind. The action now taken means, there¬ that a modest relaxation of the German foreign ex¬ change restrictions has been effected in favor of American investors. It is not known whether, or to what degree, fore, German other be will debtors permitted to make arrangements for servicing their dollar bonds. similar The German Government, it should be added, has been paying interest on a modified basis, on its own in dollars for some years, Trade between the some against American investors, long have occasioned strain in the relations between Washington and Berlin. Whether any 2% The interim amendment will become effective immediately remain interim an with dollar bonds. The on trade treaty that promises to add considerably exchanges of the two countries, and that also has obviously imporant political aspects. The treaty to the commercial icans exchange of communications governmental and private indebtedness initiated by the was referred communication the on to Amer¬ State Department, which sent a Foreign Office on Oct. 19. The German the to note tart official latest Austrian sharply unanswered to notes of with the London April 6 and June 9, and the failure of the Reich to reply was called "a disregard of the just rights of the bondholders by and Government is the 19th concluded by the Roosevelt Administration under the special powers granted Congress, and it is by all odds the most important of series. Secretary of State Cordell Hull devoted much the of his and energies to the in program of lowering trade barriers, Anglo-American pact he achieved his greatest The concessions made in our own import duties the triumph. to be are well may generalized, of course, and world trade as a whole increase as a consequence. Much of the British Empire is concerned in the accord, for the agreement in¬ volves not only the United Kingdom, but also more than 50 British colonies that are not self-governing. Chief among these are Newfoundland, Jamaica, Trinidad, British Malaya, Hongkong, Ceylon, Tobago, the Gold Coast and Nigeria. An accord reached at the was same time with Canada. The commerce of the countries involved runs in excess of $1,500,000,000 annually, and it is confidently anticipated that the figure will be increased by the accords. Details of the tariff treaties, as published Nov. 18, reveal that extensive concessions were made on both sides. Great Britain agreed to abolish import duties on receipts from the United States of wheat, lard, canned grapefruit and a num¬ ber of fruit juices. British imposts are to be lowered on American rice, apples, pears and canned fruits. Corn, cot¬ ton and certain free list that American by affected run American duties meat products the treaty. It are Britain at the annual rate of about concessions Great to on estimated was to Great exports bound in of British the Washington the products $200,000,000. Britain include The reduced textiles, metals and their manufactures, and vari¬ specialties, all of which involve directly a trade value ous on It inequitable consideration of an American interest."" an noted that payments are being made by Germany on holdings of British, French and other nationals. The note was also for pointed out that exchange steadily is made available repatriation of various German dollar bonds which are selling in the numerous the of lack market extremely at To this payment. Government German the American the of because low prices communication replied Nov. 17, chiefly by citing conversations between Foreign Office officials and the American staff of Embassy in Berlin. the statement that answered. But of on attitude original American indications no payments, Because of Government objected to the such conversations the German notes given were were to as un¬ change a the Reich authorities again con¬ tending that the "passive condition" of German trade with States United the fails to provide sufficient foreign ex¬ On Nov. 25 an American rejoinder was delivered in Berlin, objecting again to the fact that Americans are the only important group of holders change for debt service payments. of Austrian bonds that in only hands the of It was urged payment. no original flotations remains investors, and the Reich was the American of reminded that payments would not be a large or difficult In conclusion the State Department hoped "that problem. the matter has ernment who receive small part a now far developed that the German Gov¬ so will feel that it attention the to legal need longer postpone effective no equitable and claims of American investors." The Americas of approximately $141,000,000 annually. \ The supplementary agreement with Canada is a far more comprehensive affair, covering most of the items that trade relations with dian duties jon trade of northern our American $240,000,000 enter into our neighbor. products will extensive Lower Cana¬ affect annual an in agricultural and manufac¬ Concessions by the United States to Can¬ tured products. or more, ada, in turn, relate to almost all important exports of that Dominion, and affect an annual trade of about $120,000,000. The Anglo-American agreement is to be made effective on Jan. 1, and will remain in force for three years, and indefi¬ nitely thereafter pact. All in all, unless more either government than 3,000 items of denounces the commerce are order to make clear the importance attached to the accord, signatures were applied in a White House ceremony, with President Roosevelt in attendance. Secretary Hull acted for the United for the British States, Ambassador Sir Ronald Lindsay Government, and Prime Minister Mackenzie King for Canada. over the Gratification successful conclusion was of expressed the on all sides protracted negotia¬ tions. The accord, moreover, was considered to hold far significance than usually resides in a trade treaty. It was viewed in Washington as an example to the rest of more the world for lowered barriers international trade, and the recent tendency toward ever the on hope prevailed that higher tariffs, quota restrictions and other controls would be reversed thereby. Of broader political significance is the fact that the two great are English-speaking countries thus joining in efforts to improve their commercial relations. Announcement another exchange was of made in notes with Washington the centered /during November around the intensive preparations for the eighth International Conference of American States, which is to start at Lima, Peru, on Dec. 9. It was made evident in Washington that the Roosevelt Administration regards the conference with particular interest, owing to the opportunity it will present for harmonizing relations of the 21 American republics. The course, and it Good seems Neighbor will be policy pushed, of that efforts will be made to have the Latin American countries join in mutual defensive arrange¬ ments against any attacks from totalitarian regimes. That aspect of American relations well may dominate the Peru State In selves Welles ourselves from arise, and all are of the New safe address an Sumner assure from that Nov. on declared we in are aggression from a any Under-Secretary "as a Nation we position to defend whatever prepared to join with World 6, that our source it of will our¬ may fellow democracies in preserving the Western Hemisphere threat of attack." Assistant Secretary of State A. A. Berle Jr. spoke along similar lines on Nov. 20. Indeed, efforts apparently are being made to justify the Roosevelt program of huge additions to American arma¬ ments by vague references of this sort to possible attacks Europe or Asia. Full explanations of this curious tendency would be welcome, for military experts are agreed from that there is cessful attack not on now even a remote possibility of a suc¬ the Americas. The personnel of the United States delegation to the Lima conference tary German-Austrian Dollar Debts developments important highly meeting. treated in the voluminous document. In Some of was State announced in Cordell Hull Washington was named on Nov. 13. as leader Secre¬ of our, group, and other on German Nov. 27 of Government Alfred 1936. M. prominent members included Mr. Berle and Landon, Republican presidential candidate in The delegation sailed from New York Nov. 25, and Mr. Hull spoke merely in a general meeting, without referring to the armaments problem. Just before the group sailed, how¬ ever, President Roosevelt devoted a good part of a press conference to a dissertation on "continental solidarity" and the need for a defense program that would make the entire American continent impregnable against air attacks. When tlieir on departure about manner coining the about questioned the possible sources of aggression, the of his customary equiv¬ correspondent to the news¬ President merely took refuge in one He referred the press ocations. When Secretary Hull reached on Nov. 30 that profound need for "that inter-American solidarity which is assuming ever greater significance and importance to all of us." That the program of inter-American coopera¬ tion envisaged by Washington is indeed a sweeping one was revealed in the capital on Dec. 1 in the form of a report by an interdepartmental committee containing no less than 74 specific proposals in many spheres. papers of the past five years. Panama on his way to Lima he declared there is v'Ov; European Appeasement " made in November toward that general appeasement of European demands and problems upon which the British Prime Minister, Neville Chamber¬ lain, already has staked so much. The consequences of the Munich compact continued to rumble throughout Europe, and especially in the great Danubian region where Ger¬ many now holds sway. Fresh steps were taken in the dis¬ memberment of Czechoslovakia, and that former democratic State was aligned completely with Reich policy. In Western Europe new problems began to arise. Any intention that the British authorities may have had in the way of com¬ Not much progress was pleting the settlement with Germany was scotched by the German Nazi persecution of Jews, which aroused intense resentment in England, as in America, and made it neces¬ sary for Prime Minister Chamberlain to delay discussions Great Britain did, however, take the long contemplated step of implementing the "Easter pact" with Italy. The French Government took an opportunity for arriving at a declaration of non-aggression with Ger¬ many. But relations between France and Italy went from bad to worse on peculiar demands in Italy for French terri¬ tory. The general impression was that Premier Benito Mus¬ solini was attempting to take advantage of another French internal crisis in this manner, and the incident proved political questions. on deeply disturbing. Of outstanding importance was a visit to Paris, Nov. 23 Prime Minister Chamberlain and the British Foreign Secretary, Lord Halifax. The British statesmen conferred at length with Premier Edouard Daladier and and 24, by Foreign Minister Georges Bonnet, presumably about all matters of mutual interest now prominent. the At issued, to the effect that a "complete identity of ideas" exists on the general orientation of the policies of Great Britain and France, with the principal aim that of preserving and con¬ solidating peace. In French diplomatic circles rumors were circulated that the Ministers had agreed privately not to broach at this time the question of colonies for Germany or of belligerent rights for the Spanish insurgents. There was some conjecture, however, converning another incident that just preceded the arrival of Messrs. Chamberlain and Hali¬ fax in Paris. This was an announcement in the French numerous the close the usual laconic statement was capital that an agreement had been reached with Germany on the terms of a non-aggression pact, similar to that made by Mr. Chamberlain and Chancellor Adolf Hitler in Munich, Some European diplomatic observers gained the impression that the Reich is achieving a degree of success in its assumed aim of driving a wedge between Great Britain and France. The Anglo-Italian "Easter pact" was declared in full effect on Nov. 16, and the improvement in relations thus signalized was given added impetus when the British Foreign Office announced on Nov. 28 that Mr. Chamberlain and Lord Halifax will visit Rome in January, 1939, for Sept. 30. diplomatic conversations. Contrasting sharply with the agreements and friendly conversations were several incidents that disturbed relations of the leading European countries. In London much con¬ cern was manifested regarding German economic penetra¬ tion of the vast area of southeastern Europe which is slowly endeavoring to adjust itself to the emergence of Germany as the dominant country on the Continent. Assurances were given in the House of Commons on Dec. 1 and 2 that Great Britain will leave no stone unturned in order to compete and meet the trade challenge of the Relations between France and Italy deteriorated markedly at the close of November, for Italian with German business totalitarian States. Deputies on Nov. 30 shouted their derision of France and demanded loudly, in a formal session of the Chamber, that France surrender Tunisia, Corsica and the ments of Nice and to Savoy. proval. French Depart¬ Sharp representations were made by the French Government, on Government also is said to have Rome British Dec. 2, and the indicated disap¬ In the Italian press, which is closely controlled, Italian march against France was discussed the threat of an openly. 5 MONTHLY REVIEW Dec., 1938] The question of the former German colonies, and Chancellor Hitler for their return, was ap¬ the demands of parently not discussed officially. But Herr Hitler again made it clear that he does not intend to modify his cam¬ paign for overseas possessions. In an address at Munich, Nov. 8, Herr to agree over Hitler declared that it "only remains for us colonies which were taken away from us om pretexts contrary to In justice." Germany was the Central Europe obvious arbiter of .With proforma Italian aid, Germany arranged at the start of the month the new frontiers be¬ tween Hungary and Czechoslovakia. The "mediators" in the dispute between Budapest and Prague awarded to Hun¬ gary an area of 4,000 square miles, with an estimated popu¬ lation of about 860,000. A long slice of the southern sec¬ tion of Slovakia was sheared off the diminishing State, with developments. opposition expressed at Prague. On Nov. 21 a rectifica¬ of the German-Czech border was announced in Berlin, ho tion by Germany, while 27 Czechoslovakia. The total of people involved in "these exchanges was said to be approximately equal. It was indicated at the same time that a system of canals will be built by Germany across Czech territory, and a huge auto highway also is to be constructed, with extraterritorial privileges to be granted the Reich on that road. Polish troops completed, on Nov. 25, their occupation of Czech areas ceded to their Government in the Berlin arrangements of the international commis¬ sion, but the final Polish acquisition only aggregated 120 whereby 106 villages were taken over communities were handed back to square miles. political change on President of the country to succeed Dr. Edouard Benes, who found sanctuary in England. It was admitted candidly in Prague that Czech policy is now tied closely to that of Germany. In Hungary a political crisis developed, apparently because of popular discontent that Premier Bela Imredy did not obtain even more of Czech territory than was ceded. But Regent Nich¬ olas Horthy refused to accept a tendered resignation of the Imredy Ministry. November was marked by a proces¬ sion of political leaders from southeastern Europe to the capitals of the leading countries. Rumanian, Yugoslavian and other leaders conferred with British, French and Ger¬ man spokesmen, and in most cases it was quite obvious that policies are being oriented toward the Reich. Whether this is the case in Rumania is questionable, however, for leaders of the fascist Iron Guard of that country, who were being examined on the movement, were shot on Nov. 30 on the alleged ground that they were striving to escape from custody. Corneliu Codreanu, head of the Iron Guard, was killed along with 13 of his associates, and the slaying of the "Little Hitler" of Rumania well may have extensive made Czechoslovakia Nov. 30 when Dr. internal an Emil Hacha was named repercussions. international finally broke, on Nov. 7, their Soviet Russian authorities long silence regarding the Munich pact and its results and implications. Premier Yyacheslaff Molotoff declared at a Soviet rally that Russia is prepared to fight against any and enemies, whether in the East or the West. arrangements for dismemberment all to the Munich slovakia, Premier Molotoff Referring of Czecho¬ stated that the second World At the end of November it was rumored in European capitals that the relations between Russia and Poland are improving steadily, owing to the fear entertained in both countries of Herr Hitler's am¬ bitions. The German dictator is known to hold that eco¬ nomic exploitation of the Ukraine by the Reich is feasible. That German eyes are turning in that direction is regarded as certain, for the Reich defeated efforts by Poland and already has begun. War Hungary to arrange a common frontier, which tended to block German movements eastward would have in .Europe. believe that a counterbalance to the German influence will be set up in eastern Europe, possibly with the aid of Lithuania and other Baltic States. It may observers now Some be, on the other hand, that Poland merely is establishing a better trading position for any eventual readjustment of the Polish corridor that one as probably will vanish in Hitler de¬ territorial readjustments that Herr of those mands separates most of Germany from The Polish corridor East Prussia. alternative to warfare. an v.. French :\\ . -. Crisis passed through another of her numerous internal November, but there is reason to believe that the French Government and people at long last have de¬ cided to try a turn to the Right, as against the Leftist France crises during the country in recent years. restoring the country to economic health reached a crucial stage at the close of November. Paul Marchandeau, then Finance Minister, urged the Daladier Ministry to adopt strong measures, the exact nature of which has not been disclosed. Finding him¬ self without sufficient support, M. Marchandeau resigned his portfolio, but remained in the Cabinet in another post. Paul Reynaud took over the Finance post, and his program was reflected in a series of decree laws, issued Nov. 12, dealing with many aspects of the situation. One of the measures revalued the gold stocks of the Bank of France on a basis of 27.5 milligrams gold 9/10ths fine per franc as compared with 43 milligrams previously, and this provided the Government with a profit of 31,455,955,275 francs, much of which immediately was applied to the cancellation of Bank advances to the State. In defiance of Popular Front ideas, the decrees required greater flexibility in the hours program of French labor regimes. The 40-hour week principle was not abandoned, but modified in a manner that policies that have dominated The debate as to programs for ' 6 MONTHLY REVIEW employers the right to demand up to 50 hours of work with suitable adjustments of compensation. Im¬ portant changes also were made in the tax structure and other aspects of economic affairs. These decrees provoked intense resentment among French radical and some labor elements, and in order to make the objections dramatically evident the French General Confed¬ General Franco held frequent occasions for bombing of helpless civilians in Barcelona and other eration of Labor decided to order centers. counter stroke, in which the loyalists took positions gave by each week, across a one-day general strike This challenge Premier Daladier took up with¬ for Nov. 30. hesitation. out Refusing to compromise, he ordered all continued, and in some cases workers were requisitioned. Results of the incident were far more hopeful than the most optimistic observers of French affairs had thought likely. Only scattered workers here and there obeyed the orders of the 0. G. T., whereas the great ma¬ jority continued their accustomed tasks and rounds. In Paris the strike had hardly any influence. The mining districts were harder hit, and some of the industrial centers also suffered. The incident, nevertheless, was regarded as a triumph for Premier Daladier and his moderate associ¬ essential services satisfaction Great ates. expressed was by the Cabinet heads, who issued a call for an early session of Parliament. M. Daladier called the incident a triumph for democracy over disorder and anarchy. M. Reynaud declared that a three-year French of program economic restoration now impends, and he made it clear that monetary inflation will not be part of the program. XV Nazi Persecutions . German Nazi persecutions of Jews and others who happen displeasure of the administrative authorities in Germany were raised to ;new heights in November, and some important political repercussions developed in conse¬ to incur the The latest quence. wave of mass antipathy was directed especially against persons of half-crazed and Semitic origin, for a young Polish Jew had gone to the German Em¬ bassy in 'Paris on Nov. 7 and there shot the Third Secretary of the Embassy who was, perhaps, the first official he could The find. his passing official, Ernst vom Rath, died on Nov. 9, and was the signal for a tempest of vengeance against all Jews within the Reich. it made business their on Nov. wreck to hundreds of Jewish business stood idly by. establishments, while the forewarned police Looting took place on a huge scale, when the windows broken. the were torch and scores harsh injuries thus of Jewish religious places were put to of them were gutted. Topping the inflicted, which resulted in another wave Jews were fined 1,000,000,000 marks German suicides, assassination of Herr vom Rath*. A subsequent provided that collection of the fine should take the form of a 20% capital levy on the property of all German Jews owning over 5,000 marks; the levy is payable in four equal instalments, the final one due in August, 1939. De¬ crees were issued in great numbers throughout November, restricting the civil rights of Jews in different ways. They were forbidden to own automobiles, or even to operate them. The Berlin subway was closed to them, and even certain Berlin streets were proscribed for them. Repugnance and indignation at the suffering visited upon the Jews was felt in England, the United States and the few other countries where freedom of thought and expression still prevail. In London it was reported that Prime Min¬ ister Neville Chamberlain would have to delay indefinitely his attempts to "appease" Europe, owing to the resentment against-the Nazis evoked by the hysterical moves against German Jews. Diplomatic relations of the United States for the decree and Germany suffered severely. Hugh R. Wilson, United States Ambassador to Germany, was recalled to Washington, Nov. 14, for consultation, and it was indicated that he will remain in the United States. a statement on Nov. 15 deeply deploring the Germany, and adding that he "could scarcely believe that such things could occur in a twentieth century The German Government thereupon recalled Ambassador Hans Dieckhoff to report on the "singular" atti¬ tude of the United States Government. The Nazi persecu¬ tions from endeavors stimulated Jews the Reich, and little promise. to for in the United States some instances on visitor permits Germany. The Palestine immigration quota was maintained by the British authori¬ ties, although intention to reduce the figure previously had existed, in order to modify the strife in the Near East. Less admirable were suggestions for mass migrations of the some unfortunates to tories where hardly are Tanganyika, British Guiana and other terri¬ conditions, prevail to which the German Jews fitted. Spanish Modest successes were Civil War recorded in the military the insurgent faction that long has been the loyalist and his regime in armies 1 drove waging field by against General Francisco Franco loyalists out of the advanced war Spain. the salient held by the latter on the southwestern bank of the Ebro River great concern since last July. The loyalists expressed no they claimed that the purposes, of the July advance had been achieved, since the insurgents thereby were forced to discontinue their attacks on Valencia. over this move, Relinquishment thand, in possible decisions that the leading the other on Powers of western the future of the Sino-Japanese salient was followed War of peaceably inclined China, and the Chinese made what could to the assaults of the aggressors in this long and undeclared war. With the fall of Canton and Hankow, in October, the war entered a new phase. The Japanese continued their advances deep into the interior of China, but apparently on a more cautious scale than in the preceding military maneuvers. The city of Changsha was burned by the defenders in pursuance of their "scorched earth" policy, when the invaders were reported nearing that city. Chinese Generalissimo Chiang Kai-shek issued a mani¬ festo to the people urging continued resistance, and it would appear that his people will heed the call. Late in Novem¬ resistance they General ber Chiang was reported as about to divide his forces into northern and southern armies, which would con¬ brave tinue the struggle with inadequate weapons against Japanese. The latter continue to have well-armed the troubles of their own, however, for guerrilla warfare waxed the in vast area over which they have control in the last 17 months. were assumed nominal Near Shanghai the guerrillas reported to number 200,000, and Japanese soldiers find such forces difficult to subdue. The international aspects of the undeclared war remained in November, despite some further correspondence between Tokio and Washington. unchanged Department made public on Nov. 4 a diplomatic The State report upholding the Nine-Power treaty, but the Japanese Foreign Office spokes¬ man declared on the same day that the treaty is regarded as dead a made letter in Parallel Japan. representations were by the British, French and United States Governments regarding shipping on the Yangtze, owing to the Japanese on alleged military grounds. These fruitless, and an interesting light is thrown on the matter by Shanghai dispatches that numerous Chinese transportation companies are using the great river high¬ way by "arrangement" with the Japanese authorities. The closing of the stream efforts were Japanese announced on Nov. 7 the formation of the Central Development Co., with capital of 100,000,000 yen, China to put the great resources of China to Japanese uses. Ru¬ continuously that the Japanese command high Chinese authorities to join with them in mors circulated seeks some of formation a to rule from Nanking and puppet regime, bring Central China into the scheme of things indicated by the formation of of Manchukuo and State by that Tokio. There the complete domination the usual nauseating statements from Tokio about the need for Chinese "under¬ were standing" of Japanese intentions to bring about a new order Asia. Japanese expenses for the military venture in eastern remain heavy, and occasioned more record budgetary esti¬ mates. Mexican Expropriations Long and difficult negotiations with the Mexican Govern¬ ment regarding the agricultural land expropriation policy country were concluded by the State Department in of that Washington, early in November. Nov. 13 of for Announcement by was made settlement of the agrarian lands dispute, but the a are agreement compensation Mexico of expropriations included in the negotiations. To all appear¬ ances, it was a series of personal conversations that finally an embodied in two notes, which provide that an international commission promptly will determine the value of the lands. Meanwhile, Mexico will take actual steps On or before next May 31, the Mexican Government will pay $1,000,000 toward settlement of the toward payment. claims, and at least that much will be paid in each suc¬ No reference was made in the notes to the far larger problem of the oil land expropriations, which involve more than $450,000,000 as against an estimated $10,000,000 to $15,000,000 in the agrarian lands dispute. In Mexico City, however; it was reported that the "delayed settlement" method probably will be put forward in the oil matter. Unfortunately, the Mexican Government appears bent on fresh expropriations ceeding year until, the matter is liquidated. of oil properties, even before compensation for the lands and properties taken last March has received practical consid¬ eration. It was revealed late in November that 2,014,000 undeveloped oil lands in northern Mexico, owned leased by Americans, have been expropriated. acres or of Steel Trade—Non-Ferrous Metals for of the Europe may try to effect with regard to Iberian peninsula. Japanese militarists continued in November their invasion terms increased, and President Roosevelt made it clear that now would seem that large-scale military changes are unlikely some months to come. There is keen general interest, for produced were German Jews loyalists kept sending home the real volunteers on their With the advent of wintry conditions in Spain, it of Immigration quotas in on side. at a the loyalists were There were no important withdrawals of foreign "volunteers" from the insurgent side in November, but the emigration least ■will not be required to return to command of the proposals hold arrange some running short of man power. of the air, and used it are subsequently from civilization." Meanwhile, it appeared that running desperately short of foodstuffs, while the insurgents President Roose¬ issued velt news the Segre River, but they had to abandon such posts well. as Gangs of Nazi hoodlums 10 a The rate in steel over trade a reported steel operations at the highest with steel scrap prices generally higher. year, The non-ferrous metals market showed little activity, with lead and zinc of close the at Signs of the anticipated leveling prices lower. pronounced month, seasonal influences retarding demand and production were more off in steel the "Steel" in "With the approach of the year-end, buyers generally products, according to the magazine business in some of Cleveland, production and 55% of average only early needs, and little, if any, im¬ provement will be shown in November bookings. Sheet and strip sales are off substantially since a month ago because of previous forward coverage. Automobile needs the next 30 to GO days will be a major factor in adjusting the trend The sharp and somewhat unexpected rise in motor car assemblies partly has been responsible for the current elevated level of steelmaking. The carriers steel production. rail stocks considerably, and some pur¬ have reduced their chasing will be mandatory^. steel will products Substantial tonnages of heavy required for Government vessels be corresponding holiday period of 1929; shipments, that week's shipments, and new orders, about 105% of that week's orders. In the week ended Nov. 26, of the about 69% of 1938, business was slightly above the full production and shipments were below but the same on a per day basis. New orders were heavi¬ five weeks and were 58% above those booked in the reported new previous week; about est in corresponding week of 1937, nearly every reporting region showing a large gain over last year. New business was 35% above, and shipments were 7% Softwood makes shipments and new orders were, re¬ and 57% greater than in the same spectively, 14%, 24% Activity in steel for construction purposes with that of the corresponding period of recent years. Pig iron shipments were the heavi¬ est for the year to date, aided in a large measure by auto¬ motive activity. Bar demand was stimulated by the same circumstance, although backlogs are slight compared with heavy unshipped orders for sheets and strip. Bar require¬ ments of tractor builders have been gaining lately in antici¬ good comparison 1937, amounting to 2,286,530 tons, an increase 10.6% over the preceding month and 13.8% larger than in the corresponding month in 1937. Pig iron production for the first 11 months of the current year, it was stated, of 16,676,814 tons, a decrease of 52.7% as compared same period last year. The "Iron Age" composite totaled with the price of steel scrap, after rising on $14.42 and Nov. 1 from $14.17 to ton; on Nov. 8 to $14.50; on Nov. 15 to $14.88, Nov. 22 to $15.00 (a new high for the year), de¬ a gross on clined slightly on Nov. 29 to $14.92, which latter figure with $12.92 at the close of November last year. "Iron Age" composite prices of finished steel and pig remained unchanged during the month and held at compares The iron respectively, which with 2.512c. for finished steel and $23.25 for pig 2.286c. a pound compares and $20.61 a gross ton, close of November, iron at the 1937. rate of steel companies having approxi¬ of the steel capacity of the industry, accord¬ ing to the American Iron and Steel Institute, was scheduled at 60.7% for the week beginning Nov. 28 as against 61.9% for the preceding seven-day period, 62.6% for the week ended Nov. 14 (the highest rate reached since early in The 26, 1938, a total of 550 mills softwoods and hardwoods com¬ bined ; shipped 178,224,000 feet, and booked orders for 224,813,000 feet. Revised figures for the five preceding weeks follow: :?C!"■'A'A During the week ended Nov. produced 166,238,000 feet of October, 1937), 61.0% for the week beginning 56.8% for the week beginning Oct. 31. At Nov. 7, and the close of 1937, operations were reported to be approxi¬ mately 29.6% of capacity. As to non-ferrous metals, "Metal and Mineral Markets" November, the month under review reported in substance as The market for non-ferrous metals toward the during follows: end of the month the experienced one of the dullest periods of as new business was concerned, traders by the weakness in zinc that continued because of the reduction of the duty, the easier so far influenced year being largely abroad, and wide movements in sterling exchange. The political struggle in France became a factor, though sentiment in that direction improved on Nov. 30 as the protest strike appeared to be definitely broken. Domes¬ tic sales of copper for the week ended Nov. 8 amounted to 2,860 tons (against 5,720 tons in the preceding seven-day period); 4,659 tons for the week ended Nov. 15; 1,217 tons for the week ended Nov. 22, and 1,792 tons for the week ended Nov. 29. During the holiday week ended Nov. 9 lead sales totaled 4,600 tons (against 7,193 tons in the trend in prices previous week) ; 4,710 tons during the week ended Nov. 16; 2,058 tons during the week ended Nov. 23, and less than 1,000 tons during the week ended Nov. 30. This inactivity in the lead market, coupled with unsettlement in zinc, brought about a reduction in the price of lead of 10 points on Nov. 29, establishing the market at 5.00c., New York. As soon as the domestic zinc industry got its bearings, fol¬ lowing the announcement of the lowering of the import duty, the price of that metal was reduced on 5.44c. to 5.14c., New York; a further lowering in zinc to 4.89c. was announced on Nov. 29. Nov. 21 from of quotations The domestic price of copper remained unchanged throughout the month at 11.25c., Connecticut Valley basis. The International Tin Committee on Nov. 22 voted to continue production of tin As in the current quarter, production will be allocated so that 35% of the output will be available for consumption and 10% for building up the Buffer pool. United States deliveries of tin for November \Vefe disappointing, amounting to 3,535 long tons, the low¬ est monthly total since Octol>er, 1934, and compares with 4,960 tons delivered during October of this year. Tinplate mills were reported to be operating at the close of November, 1938, at fully 35% of capacity. Prices for tin moved within a narrow range and closed on Nov. 30 at 46.25c., New York, as compared with 46.50c. on Nov. 1 and at „ on 45% of standard tonnages. Oct. 31 last. The lumber Nov. 26, Shipments {Feet) (Feet) {Feet) 561 198,605,000 200,011,000 224,250,000 Nov. 19 during the holiday week ended 50% of the 1929 weekly average of industry 1938, stood at of 188,594,000 556 Nov. 12 • 198,589,000 183,158,000 5 552 209,239,000 201,223,000 214,361,000 Oct. 29 533 210,447,000 213,698,000 214,604,000 Oct. 22 543 227,272.000 238,131,000 226,051,000 Nov. Southern Pine and California Redwood reported new orders above production in the week ended Nov. 26, 1938. All regions except Redwood reported ship¬ ments above output. All regions reported orders above those of the corresponding week of 1937; all regions reported All regions but shipments above last year, and Northern Hemlock, wood all except Southern Cypress, Southern Hardwood and Northern Hard¬ reported production above the •v>it'* /:y 1937 week. '•*. ^ Hides, Leather and Footwear of Boston, in its "New England The First National Bank Letter," under date of Nov. 30, discusses these markets as follows: AA - -/..A-,,' "Shoe production is estimated to have declined more than seasonally from the August peak, but it is likely that the point of the present between-seasons period has been low Output since July has run ahead of last year, and passed. production for the 12 months is expected to be only slightly below 1937. Retail sales, on the other hand, have not measured up to lem may of this production, and so a minor inventory prob¬ possibly have developed in some quarters. situation shoe buyers have hesitated Ao advanced prices A shoes have been slow. since as to the ^ • leather have moved in small volume the substantial buying wave of October. This was to and "Sole be In view pay asked by manufacturers, and sales of spring upper expected, since many tanners booked orders at that time far ahead as February. Tanneries are operating close capacity and are delivering sizable quantities of leather. during the coming month, Further orders will be necessary however, if this active level of operations is The maintenance of present prices also may part upon the booking of additional to be sustained. depend in large business before the year-end. '"The hide futures market has declined from the October Prices are down more than a cent, and the foreign markets have undergone similar declines. «*Spot hides in Chicago are being held slightly below earlier prices by the big packers, but traders and the small packers have been willing to take substantially lower figures. Tanners have remained on the side lines during this period of un¬ settlement, and trading has been in small volume. "The agreement of shoe buyers and manufacturers on a mutually satisfactory price basis for spring shoes could release a reasonable amount of nearly buying and permit factories to get into production. So long as the hide and leather markets are unsettled there is no incentive for distributors to pay other than minor advances for shoes, nowithstanding the fact that many producers thus far have paid more for their leather than last season. Any improve¬ ment in retail sales, on the other hand, such as is antici¬ pated by the trade as an outcome of increased industrial payrolls and Government relief disbursements would place high point. the shoe manufacturers in an advantageous before the spring season is trading position ended." Grains irregularly higher within very moderate during the first half of the past month, prices for in domestic markets again softened during the latter Expectations that the signing of the Anglo-American After limits wheat half. moving reciprocal trade agreement, which goes into effect on J an. 1, might bolster the dormant export market were responsible for scattered buying for speculative and investment account With the signing of the agreement, realization that the United States would benefit only in the fact that Canada and other British do¬ minions would no longer be the only wheat exporting coun¬ tries having the duty-free advantage in England, prices de- early in the month. however, and the Lumber Movement Orders Received Production Mills No. Week Ended— operating mately 98% production, week last year. pation of the spring rise in farm equipment sales." The same publication on Dec. 5 reported that November produc¬ tion of coke pig iron in the United States was the highest since October, above output in the week 26, 1938. Reported production (hardwoods and softwoods) and shipments were 11% and 24%, respectively, above the same figures for the corresponding week of 1937. ended Nov. placed recently. a 1929 shipments, according reports to the National Lumber Manufacturers Associa¬ tion from. regional associations covering the operations of hardwood and softwood mills. Production was about 60% to which on Nov. 28 further went on to say, part: are ordering for of 7 MONTHLY BEVIEW Dec., 1938] 8 MONTHLY KEVIEW clined to seasonal low levels. new The chief price depress¬ the ing influences, however, continued to be the large supplies and the unsettled condition in world export markets. The keen competition among exporters was intensified by the fact that the Argentine Government fixed of 59^c. a bushel, which will be paid to sumably, the wheat acquired at that producers. Crude price will be below followed world the in will be competition minimum. Canada and This the is the United confronted with the general States, promising, with estimates ranging from 250,000,000 to 330,000,000 bushels. The official Argentine acreage estimate during the month of 20,867,595 acres showed an of 200,000 acres from the previous report and increase strengthened the large recently reported in age not was outlook some areas in sufficient whole. as a expectations. crop to Frosts were Argentina, but the dam¬ impair the generally favorable However, the weather will be watched closely, as the crop is still in a period where it will be highly susceptible to adverse growing conditions. Produc¬ tion in the and of United States is placed at 940,229,000 bushels, at 154,000,000 bushels, giving a total supply 1,094,229,000 bushels. Disappearance is estimated at carryover approximately 394,229,000 the of 700,000,000 bushels 1938-39 for bushels, export leaving and surplus a at carryover the of end The season. Government is attempting to exports of 100,000,000 bushels through means of subsidies, and so far the results have been more or less disappointing. As a consequence, Secretary Wallace has indicated that*the program will be broadened or stimulate least at speeded up in a short time. While rye followed the trend during the past month, corn and oats, and par¬ ticularly corn, ruled comparatively firm. The holding move¬ of wheat ment continued to primary markets feature the light were market. corn at a time Receipts at they should when ordinarily be expanding in response to seasonal influences. Producers have recourse to the Government loan, and this Is making the current holding movement much more effec¬ tive, while cold weather has caused a heavier feeding of corn to livestock. In Chicago the December wheat option closed on Nov. 30 at 61 %c. as against an opening price of 64%c. on Nov. 1. At Winnipeg the December wheat option closed on Nov. 30 at 58%c. as against an opening of 59%e. Nov. on at 47c. ber 1. December compared with oats closed 25%c. With at Nov. 1. on an Chicago closed on Nov. 30 opening of 45c. on Nov. 1. Decem¬ 25%c. compared with as an December rye closed at 39%c. opening of 42%c. an in corn opening of as compared Nov. 1./ on A steady undertone prevailed in the markets for sugar "futures" during the past month. Support was prompted by the growing belief in the sugar trade that the 1939 quota would be lower than the 1938. to be The 1939 quota was expected by the Agricultural Adjustment Adminis¬ time during December. As Cuba will be com¬ announced tration some pelled to stand most of the reduction, however, the Secre¬ tary of Agriculture probably will make the total quota as large as possible, consistent with the rate of consumption. As aid an duty Cuba to Cuban on pounds to 75c., there sugar the in Cuba. Indications of tical the position may President as make such that the per 100 90c. reduction being under some the reciprocal treaty with improvement in the world statis¬ result a predictions be reduced from to power vested also were of increased consumption and helped sentiment. Sales of Cuban raw sugars consisted of the following, all exclusive of duty: On Nov. 1 prompt c. & f. at 2.20c.; on smaller Nov. 3 European beet crops also November shipment c. & f. at 2.15c.; on Nov. 10 November shipment c. & f. at 2.25c.; on Nov. 16 ex-store c. & f. at 2.15c., and on Nov. 23 prompt c. & f. at 2.10c. The wholesale list price fof refined, immediate delivery, was quoted at 4.40c. to 4.75c. until Nov. 17, when the range revised to 4.40c. to 4.55c. and held 46,661 tons 37,823 at these levels was during the remainder of the month. markets for coffee "futures" developed an easy under¬ tone during the past month, with prices working lower. Despite reports of expanding consumption in this country, roasters continued to make purchases in a hand-to-mouth fashion. Liquidation of December contracts was a feature in the markets, claring as and false the an official rumors statement from that be halted failed to have business continued slow. t° was Spot No. 7 Santos was the Brazil destruction any de¬ program stimulating effect. quoted on Nov. 30 at 7@7%c., the same 6%@7c. Sept. 30; 6^@7%c. Aug. 31; 6%@6%c. July 30, the same as on June 30, May 31 and April 30, against 6*4c. March 31; 8y2@9c. Feb. 28, and 71/4@7y2c. Jan. 3[1. as on Oct. 31, agaihst No. 7 Rio was Oct. 31 and quoted an Nov. 30 at 5^c., the same as on Sept. 30, against 5%c. Aug. 31; 4%c. July 30, Rubber Regulation 15 meeting Committee, prevailed in the market, and following nouncement of an increase in the rubber of the Inter¬ caution committee an¬ extreme the export quota for the first quarter of 1939, from 45% to 50%, a sharp downward developed, intensified by the weakness in the movement sterling rate and the general reaction in the security and commodity markets. A fair-sized rally in the closing days of the month due was to a moderate increase of factory buying, a recovery in the sterling rate, and the better tone prevailing in other markets. Ribbed smoked sheets for spot delivery were quoted at 16%c. asked Nov. 30 against 16%c. asked Oct. 31, the same as on Sept. 30; 16%c. asked Aug. 31; 16%c. asked July 30; 14%c. asked April 30; June 30; 10%c. asked liy>c. asked May 31; lO^c. asked March 30; 14%c. asked Feb. 28, 14%C. asked Jan. 31. ' '■ ■'(■■■■': * Textiles - The textiles trades had a spotty appearance during the past month, although towards the end of the period under review the advent the country of exerted a winter weather in most stimulating influence sections of the flow of on inv distributive channels. Retail business during the early part of November, because of unusually mild tempera¬ tures, made a rather disappointing showing. Later, how¬ goods ever, coincident with the sharp marked improvement took lowering of temperatures, place, notably in the demand a for seasonal needs of apparel consumers items in exist. which considerable Wholesale trade pent-up early in the month reflected the slow movement of goods in retail chan¬ nels, but subsequently activities experienced vival came moderate a re¬ numerous as replenishment orders for holiday goods into the market, with the result that delivery diffi¬ culties in a number of wanted items made Raw cotton in November followed ance. their appear¬ irregular trend, with highest prices reached during the middle of the month, an to be followed, however, by a reaction which canceled all previous gains. Supporting factors during the first half of the month the continued were heavy movment of the staple into the Government loan stock, the absence of considerable hedge by Southern interests, the better feeling in pressure financial and commercial quarters engendered of by the out¬ the election, and the slightly lower official crop estimate, forecasting an output of 12,137,000 bales compared with 12,212,000 bales in the previous month. Chief causes for the subsequent reaction were the growing uncertainty concerning the future cotton policies to be pursued by the Washington Administration, the downward trend in security and commodity prices and foreign exchange rates, and last, but not least, the continued highly disappointing record of the cotton export movement from this country, offset only in part by the fairly satisfactory takings of domestic spinners. Spot cotton here in New York 9.01c. was reaction carried the quotation on Nov. 1. A mild to 8.87c. Nov. 4, from which point, however, the price moved up to 9.36c. Nov. 14. A sub¬ sequent new downward movement carried the quotation to 8.96c. Nov. 30. Trading in the gray cloths markets was quiet during most of the month, with the exception of the period following movement result of the election, when a short-lived buying Prices held fairly steady, partly as a predicting new curtailment measures by a developed. rumors number of mills. Print cloth Fall at River for 28-inch 64x60s continued to be quoted at 3%c. throughout the month. The price of 27-inch cloth 60x64s Ava's 3,%c. to 3%c. Nov. 30 as against 3%c. Oct. 31, while Osnaburgs were quoted at compared with 61/4@61/^c. Oct. 31. The report of the Census Bureau, issued Nov. 14 and cover¬ ing the month of October, revealed a moderate increase in 6%@6^c. Nov. 30, as the United States consumption of the staple, both as pared with the previous month and Avith Ocober, 1937. amount Tie levels as Prior to the Nov. tons. national come Sugar lowest the United States consumption statistics for Ocober show¬ ing an increase of 2,510 tons over the September figure of crop prospects in that country. The Southern Hemisphere cropgrowing season is drawing to a close. The Australian crop will be small, but the Argentine crop outlook remains highly the against 59,742 tons in August, exerted a as did the rise in the security and com¬ modity markets following the outcome of the elections, and on will follow this line of procedure because of the poor prices reached steadying influence, the the part of three out of the four major wheat exporting nations. It is uncertain, as yet, whether Australia issued to practice subsidized of November of European war scare during the last September week. Early in the month the release of the September export figures from producing countries showing a decline sold that so spectacle t ■. the since at competitive prices, with the Argentine Govern¬ absorbing the losses whenever sales are made at prices 4%c. April 30; 5*4c. rubber, after early firmness, reacted sharply, and end the at Pre¬ abroad ment June 30 and May 31; on Rubber minimum price a as same March 31, and 5%c. Feb. 28, the same as Jan. 31. consumed in October goods com¬ The market 542,778 bales 72,109 bales of linters as against 534,037 bales of lint and 70,991 bales of linters in September, 1938, and 524,188 bales of lint and 73,193 bales of linters in Octo¬ ber,. 1937. of given as lint and The woolen appearance of Avas clothing series of distinguished itself by the buying movement on the part manufacturers, which was accompanied by a of sustained a price advances covering most classes of goods. With the close to backlog of unfilled orders now reported as being 30,000,000 yards, active mill operations for the next few months while not are as indications of assured. active a as Business in women's the revival, men's wear goods, division, also gave towards the end of wear particularly the month, AArhen the better flow of apparel in distributive channels resulted in increased garment manufacturers to willingness on the part anticipate future requirements. of 13-15 .Jeniers were quoted Nov. 30 Japanese double extra $1.80@$1.85 Sept. 30; $1.77@$1.82 Aug. 31; $1.79@$1.84 July 30; $1.7(i@ $1.81 June 30; $1.56@$1.61 May 31; $1.62@$1.67 April 30; $1.55@$1.60 March 31; $1.65@$1.70 Feb. 28, and $1.65@$1.70 $1.75@$1.80 against $1.81@$1.86 Oct. 31; at Jan. 31. In the of the 20-22 deniers Japanese crack case double $1.73@ $1.78 Oct. 31; $1.68@$1.73 Sept. 30; $1.67@$1.72 Aug. 31; $1.69@$1.74 July 30; $1.67@$1.72 June 30; $1.48@$1.53 May 31; $1.57@$1.62 April 30; $1.48@$1.53 March 31; $1.59 @$1.64 Feb. 28, and $1.48@$1.53 Jan. 31. extra quoted at $1.65@$1.70 Nov. 30 against were Grouping of all oil-producing States in the Interstate Compact group is the only workable method of widening and conservation through argued. A further strengthening feature, he stated, would be making the Connally Hot-Oil Act, which forbids interstate movement of crude oil produced in violation of State proration rules, a permanent feature of the Nation's oil legislation. Mr. Byles laid the blame for the Compact Commis¬ improving the usefulness of petroleum State cooperation and authority, he sion's failure to make the most of its month's the of developments in the domestic petroleum industry during November was the decision late in the period of the Texas Railroad Commission to con¬ tinue the five-day production during December, the only exception being the Saturday of Dec. 17, which means that the Lone Star State will be shut down for four Saturdays the final month of 1938. The decision of the Commission, which was in spite of the and four Sundays during opposition of Lon A. Smith, minority member of the group, who on Jan. 1 assumes the post of Chairman and head of brought relief to many oil men, who week in Texas would mean further price cuts which would bring prices even lower than those established in the general reductions which hit the majority group, that feared had a full production California during October. The Texas Railroad Commission set the December daily allowable at 1,294,577 barrels, an increase of approximately all fields except 15,000 barrels over November, but more than 50,000 barrels below the United States Bureau of Mines December market estimate for demand the Lone Star State. Following the Oklahoma Corporation Commission voted November to maintain the December production lead of Texas, the late in allowable since at barrels, the figure which has ruled This is some 62,000 barrels below the esti¬ Bureau of Mines for Oklahoma. 428,000 September. mate of the future production Important in view of the concern over policies of Texas and other major oil-producing States are the figures covering stocks' of domestic and foreign crude oil held in the United States. The latest Bureau of Mines (for the week ended Nov. 19) more than 6,000,000 barrels from the Oct. 15 period, stocks totaling 271,995,000 barrels against 277,000,000 barrels a month earlier. The Nov. 19 report, which showed domestic stocks off nearly 1,500,000 barrels, with foreign stocks up some 20,000 barrels, is repre¬ sentative in showing the steady drain upon American oil report available at mid-month showed a decline of slightly because of the current Cali¬ said, of the maximum amount of crude oil from a pool at the least possible cost, but not fixed prices or the fixing of prices," was held forth as another necessary step. "Our industry," he continued, "has no right to special price consideration othef than that necessary to prevent physical waste." "the production with the problems raised by the expropriation dollars of American oil proper¬ Mexico early this year by the Cardenas Government, In dealing of several hundred millions ties in Byles said that it might have "appalling consequences this practice be permitted to spread Mr. to this Nation should to the vast American holdings in South America and else¬ pointed out that the nearness of the Central and South American oil fields made crude immediately available at low rates to the American consumer in times where." He and to the Government in the event of any pos¬ of peace, sible war. Interest attached to the speech of Donald R. was Rich- berg, former National Administrator of the National Indus¬ trial Recovery Act, who urged voluntary cooperation among Mr. Richdid not want a "controlled economy," but would welcome a "harmonized economy," which he defined as "decentralized democratic planning for the greatest good of the greater number, and decentralized democratic ccontrols, responsive to the needs of many and not exercised for the benefit of a few." the oil men to regulate and control the industry. berg contended that the American people November Early in Secretary of the Interior Ickes at¬ with his tracted considerable comment in petroleum circles suggestion was resource control of petroleum production of preservation of this natural Federal that as necessary a means for national defense, and the use of future genera¬ While he was not prepared to recommend any such tions. legislation at this time, Mr. Ickes said, he did suggest the States make effective the interstate compact group. "These below-market production. merely gentlemen's agreements," he are should be of of the Interstate Oil Compact Commission, headed plete Federal control over the industry being advanced by oil men and Government officials. Early in the month the said, "and strengthened." Members the best means of restoring prices to higher levels continued to rage during November, with solutions ranging from increased industry control to com¬ Controversy over "Lamp," house organ of the powerful Standard Oil Co. (N. J.), spoke strongly in favor of what it termed a "conserva¬ tive" policy for producers and refiners during 1939. Strict adherence to such a policy, it was argued, would restore the industry to a more stable position, since "the industry's position is not so bad that such action would not restore it to a profit base." "It would be useful to consider the problem of extricating statistical the industry from the the dilemma in which it now finds itself." "Lamp" continued, "with product prices so low as to all profits in both producing and refining." A threaten four-point program, outlined below, was suggested in Stand¬ ard of Jersey's house organ as the means of best alleviating by Chairman E. O. Thompson of Texas, will meet Fort Worth in mid-December to act upon the renewal in of the Interstate the 1. far 2. A conservative program of runs to stills, avoiding so possible any excess of stocks. The elimination, at least over the approaching season of heavy withdrawals from crude stocks—although it is, of course, true that the reduction of excessive stocks, generally ^speaking, makes for industrial stability. The recent nation-wide survey by the Bureau of Mines for crude oil stocks showed them still to be above low of of tary consumption, Interior the mission to At the two-day meeting, Mr. express The Dec. 12 Ickes's recent request to the Com¬ on production control. its views proration meeting of the Texas Railroad Com¬ Com¬ mission will hold more than usual significance for the mission has send a requested the Eastern States Petroleum Co. to representative who can give the Commission the full background of the company's imports of Mexican Oil. L. J. Walsh, Vice-President of the company, will attend, it was company's of the total Texas production, and none of this oil finds its way into the do¬ mestic market in competition with domestic petroleum or learned, and will tell the Commissioners that the imports of Mexican oil total only 1% its products. News as Oil Compact and to urge the reenactment Connally hot-oil bill. Thompson disclosed, members will draft a reply to Secre¬ present conditions. dispatches from Washington late in November dis¬ closed that the Customs Bureau had granted a bonded ware¬ house permit to the Eastern States Petroleum Corp. of Houston, Tex., for the refining and reexport of oil imported from Mexico. While Customs officials refused to elaborate on the original was to announcement, it was learned that the move prevent any possibility of "dumping" of oil produced properties seized from Americans by the Cardenas last March. Investigators for the Customs practical level. Bureau are now in Mexico conducting an investigation to 3. Less -insistent development of new flush oil fields.' determine whether any Mexican oil is being "dumped" in Rates of production in some of these fields are certainly so the United States in violation of tariff regulations. high as to cause physical waste, and conservation measures Denial that Eastern States was dumping oil into the to stop such waste should promptly be adopted and enforced. United States or any oher country, and also that it was The new producing fields in Illinois constitute such a case importing expropriated oil from Mexico was made in New in point. Surely it behooves every producer in Illinois to York in a statement issued on Nov. 22 by J. F. McCarthy, support vigorously the effort to secure sound conservation Vice-President of the company. "The Mexican crude oil laws for that State; and which we are importing into our refinery at Houston at 4. Most important: States producing flush oil which are the rate of not more than 15,000 barrels daily," he said, not already members of the Interstate Compact Commis¬ "comes from the wells of the Mexican Government's own sion, such as Illinois, Louisiana, Arkansas, Michigan and California should promptly become members. Some of these corporation, Petromex." the ' opportunities on four oil-producing States—Illinois, Arkansas, Michigan and fornia. Adoption of conservation programs, which, he meant Petroleum and Its Products Feature 9 MONTHLY REVIEW Dec., 1938] from Government best States lack conservation laws and must enter the compact. the American Petroleum enact such laws in before they can Feature teenth of annual meeting in mid-month in Institute's nine¬ Chicago was srn President at to join the not members of the appeal by Axtell J. Byles, who was reelected the convention, for all oil-producing States compact group. The States which are Commission and do not cooperate with maintain stable the work of the it in its efforts to conditions in the oil industry "handicap" Commission, Mr. Byles pointed out. "Petromex," he continued, "has had continuous production the Poza Rica field since before expropriation. No holdings in the Poza Rica field. having holdings there is a BritishEl Aguila. We are not 'dumping' for the American companies have The only foreign company own company, simple reason that Mexican crude is being purchased at the world value for Mexican crude. There is an enormous amount of confusion on the subject of dumping. people interpret the law alike, and it is used indiscriminately at the slightest provocation." No two carelessly and 10 MONTHLY REVIEW The United States Bureau of Mines Nov. 21 released on its December market demand estimate for the United States, placing probable market demand for crude oil at a daily average of 3,305,800 barrels, which is 2.5% less than the November forecast and 4% upder the actual demand for domestic crude in the final month of 1937. Price changes in the crude oil markets during follow : Nov. crude Was An November by the posted barrel from $1.10 to 75c. for East Texas a Cordova gathering system. exceedingly optimistic note was struck in the 1939 market demand estimate for domestic gasoline of the Amer¬ ican Petroleum Institute's Department of Statistics which forecast that next year would to new see a be the third successive year high record consumption mark set. Demand 4% ahead of the current year, which prom¬ ises to pass the record 1937 total. In a detailed report released in Chicago on the eve of the trade group's convention, the Department of Statstics pointed out that "this, of course, is based upon the possibili¬ was seen ties of 1939, some average of 27,350,000 cars being in use during increase of 1.2%, and a continuation of improved an an business conditions. There great many other factors which will disclose themselves as the year progresses, and will affect domestic demand. Export of gasoline, however, may show a decline during 1939." United The States are Bureau Savings bonds—the so-called bonds—amounted to $37,103,127 in November as against $28,893,292 in November, 1937. Sales of these bonds baby of 40,100,000 bar¬ rels, which represents a gain of nearly 2% over the closing The estimate, it was pointed out, is based month of 1937. continued expansion of business activity, although a slight slackening in the rate of rising gasoline demand. Gasoiine stocks (finished and unfinished motor fuel) showed only a slight expansion during November as demand help up better than normal due to the fine motoring weather during most of the month. Stocks on Nov. 26 (latest avail¬ able figures at month-end.—Ed. note) were 68,628,000 bar¬ rels, against 67,695,000 barrels a month earlier. Current stocks are nearly 1,500,000 barrels under the total held upon the allowance has been made for months five the first in of the fiscal year amounted to $193,090,147 against $156,554,337 in the corresponding period of the previous year. Total sales of these savings bonds from the time they were first offered in March, 1935, to last Nov. 30 amounted to $1,398,743,773. The rates at which the weekly offerings of Treasury bills were placed varied from 0.021% to 0.027% for the five $100,000,000 issues marketed in November. Treasury bond prices declined moderately in November, their losses averag¬ ing about % point for the maturities of eight years or Treasury notes, after falling back slightly, closed longer; firm. The details of Treasury bills sold on a discount basis are given in the following table: ^T'i Bills Mines forecast December demand in the home market for gasoline $3,658,- collections by the Treasury increased to $365,414,516 from $274,921,842 in the previous year, but old-age reserve account receipts declined to $173,000,000 from $206,000,000. The Nov. 30 statement of the Treasury brought to light the fact a of came to 30 unemployment trust fund In the five months to Nov. that its sales of United States 'v;.■ 28—A price cut of 35c. $2,310,580,246 last year, and expenditures 928,181 as against $3,048,624,837. 27 1938 Oct. Amount of tions Mature Nov. 91 days 91 days 1 1939 Feb. 2 1938 $100,000,000 $399,386,000 100,000,000 331,119,000 91 days 100,000,000 288,457,000 92 days 100,000,000 323,934,000 91 davp 100,000.000 325,620,000 81939 Nov. 1 1938 Nov. 9 1938 Feb. Nov. 9 1938 Nov. 16 1938 Feb. 15 1939 Nov. 17 1938 Nov. 23 1938 Feb. 23 1939 Nov. 30 1938 Mar. Nov. 24 1938 Subscrip¬ Offering Bills Dated Offered 1 1939 "I To Redeem Bills Subscrip¬ Amount A verage Offered tions Accepted Price Yield $100,241,000 99.993 100,729,000 100,544,000 100,323,000 99.994 0.02?% 0,022% 99.993 0.027% Nov. 17 1938 8399,386,000 331,119,000 288,457,000 323,934,000 99.993 0.026% $100,315,000 100,025,000 100,493,000 100,057,000 Nov. 24 1938 325,620,000 100,304,000 99.995 C.021«% 100,506.000 Oct. 27 1938 Nov. 1 1938 Nov. 9 1938 Maturing Issue of— IN NOVEMBER NEW SECURITY ISSUES at this time last year. Refined markets* featured were fuel oil markets with the approach also by a strengthening in of the cold weather, and sharp upturn in the tanker rates from the Guif Coast markets. Movements in gasoline prices were a Eastern to confined for the most part to NOVEMBER FINANCING local price readjustments. THE OF UNITED STATES New November for the one was market of Treasury those and to Turnover and the So it is The Treasury the the the the in So it financing date. of which amount usually Government new issues market would readily preceding month was securities should take the on receive. quarterly in November. the month two in the mar¬ on Dec. 15 the Treas¬ would refinance the $941,613,750 of Series C notes ma¬ turing on March 15, 1939, and would also seek $700,000,000 ury make on due in The news that Secretary Morgenthau would exchange offer in December for the notes falling March was There announcement no surprise, for it has been the Treasr year to anticipate its maturities by three was an largest that 000,000 to $700,000,000 of new money would $750,000,000, the disclosure that a figure near been decided on brought a small degree of weakness into the market for Government ing the announcement. issues follow¬ The first news of the size the Executive Committee of the of the an exchange sold in September, 1935, and of the total about $500,000,000 represented new money and the remainder an exchange for Fourth Liberty Loan bonds then called. The next maturi¬ ties which the Treasury will have to handle are the $1,293,- 714,200 of 2y8% Series A notes maturing on June 15, 1939; the $426,554,600 of 1%% Series D notes maturing on Sept. 15, 1939, and the $526,232,500 of 1%% Series B notes maturing on Dec. 15, 1939. The new money which the Treasury will raise on Dec. 15 the national debt to rise above the $39,000,000,000 level for the first time in history. Nov. 30 the fact these of that The Treasury disclosed the debt stood the constituted Canada and PUBLIC was $40,000,000 followed by The issue of the a $25,000,000 then at $38,603,- UTILITY FINANCING Light 15,000,000 Connecticut & Co.—Company Power announced been made for the private 3% % 30-year bonds, series H, due Dec. 1, 1968, at 104.9124, equal to a 3% yield. The issue, it is understood, has been sold to six life insurance companies of Hartford and New York through Putnam & Co. and Chas. W. Nov. 23 that arrangements had sale of $15,000,000 Scranton & Co. of New Haven. 14,350,000 Hackensack few insurance Water Co.—Sold for refunding purposes companies: 1st mtge. 3%s, due in 1968. to a 13,780,000 Union Electric Co. of Mo.—Dillon, Read & Co. and asso¬ ciates offered on Nov. 28 an issue of 130,000 shares of $5 pref. stock, subject to a prior opportunity afforded holders of the , on their $34,000,000 Commonwealth Edison Co. (Chicago)—1st mtge. 3%s, series I, due June 1, 1968, priced at 104. Sold to Metro¬ politan Life Insurance Co., Equitable Life Assurance Society of the United States; Prudential Insurance Co. of America, New York Life Insurance Co., Mutual Life Insurance Co. of New York, Northwestern Mutual Life Insurance Co., and Sun Life Assurance Co. of Canada. System. $941,613,750 of 1%% notes for which cause meet to included the $40,000,000 issue Goodyear Tire & Rubber Co. and the Commonwealth Edison Co. offering in the am|ount of $34,000,000. Below we give the larger offerings in October: Open Market Committee of offer is to be made at the December tax date were originally will markets our undertakings for the month directly after Treasury officials had consulted with The of facilities of financing operation that would be undertaken next month the Federal Reserve the the Argentine Republic. Financing of this nature has long been an absent feature of our new capital markets. A few of the outstanding domestic corporate offering be the upper limit had came of of While the market estimates had ranged from $500,- sought. new Munici¬ by foreign governments in availing steps taken themselves element of surprise, however, in the ury's practice this months. the that date Secretary of the Treasury Henry Morgenthau Jr. announced that of new money. far of the answered* on the last day of For The so questions which were bulking largest ket's thoughts. by Dominion outstanding to the form as Nevertheless, capital needs through the flotation of sizable offerings. field the total Of some interest, too, capital issues for the month. are The Treasury sounds out the banks quiet down. and dealers exceeded month for in in investors can securities. tends market falling off that of October. the during marked a that the appe¬ be whetted for the Treasury's own Government agencies retire from the of show pal financing helped in a big way to swell the volume of were eyes turned toward the forthcoming quarter date financing. tites emissions domestic the financing undertaken in a like period one year ago. TREASURY all in volume when compared with total Government the months when placed November of month new securities offerings company's outstanding 7% and 6% pref. stock to purchase the $5 pref. stock at the public offering price on the basis of one share of the $5 pref. stock for each share of stock now held. The $5 pref. shares, initially represented by interim receipts, were priced at $106 plus accrued dividends. Associated with Dillon, Read & Co. were: The First Boston Corp.; Spencer Trask & Co.; Stone & Webster and Blodget, Inc.; Blyth & Co., Inc.; Brown Harriman & Co., Inc.; Smith, Barney & Co.; Securities Coffin & Burr, Inc.; Goldman, Sachs & Co.; Union Corp., and Shields & Co. / 8,500,000 Washington (D. C.) Gas Light Co.—Ref. mtge. 4s due Sept. 1, 1963 and priced at 101. Sold to Equitable Life Assurance Society of the United States, John Hancock Mutual Life Insurance Co.; Northwestern Mutual Life Insurance Co.; Massachusetts Mutual Life Insurance Co.; Mutual Benefit Life Insurance Co., and New England Mutual Life Insurance Co. 4,000,000 Blackstone Valley Gas & Electric Co.—Public offering by means of a prospectus of $4,000,000 mtge. & coll. trust bonds, series D, 3%%, was made Nov. 30 by an underwriting group headed by Estabrook & Co. and Stone and Webster & Blodget, Inc., and including The First Boston Corp.; Blyth & Co., Inc.; Bonbright & Co., Inc., and Kidder, Peabody & Co. The bonds were offered at 104% and accrued interest and mature Dec. 1, 1968. 351,360, compared with a total of $37,164,740,315 at the start of the fiscal year. The gross deficit for the first five months 6f the fiscal year, it was revealed, amounted to 2,800,000 Michigan Associated Telephone Co.—An underwriting group beaded by Bonbright & Co., Inc., and including Paine, Webber & Co. and Mitchum, Tully & Co., offered Nov. 30 $2,800,000 1st mtge. 4% bonds, series A, and due Nov. 1, 1968. Bonds were priced at 102 plus interest from Nov. 1. $1,436,136,765, compared with a total of $738,044,590 in the corresponding period of the previous fiscal year. Treasury revenue in this period totaled $2,222,791,416 as against 1,000,000 Madison (Wis.) Gas & Electric Co.—1st mtge. 4s, due in 1960 and priced at 107.49.1 Placed with Northwestern Mutual Life Insurance Co., National Guard Life Inurance Co., and Wisconsin Annuity & Investment Board of Madison, Wis. Tin Plate Corp.—It was annnounced on Nov. that the company 6,000,000 1,086,000 1,052,000 3 for additional by W. E. Hutton & Co.; Blyth & Co., Inc.; Hemphill, Noyes & Co.; Johnson, Lane, Space & Co., Inc., Savannah; Schoellkopf, Hutton & Pomeroy, Inc.; Hallgarten & Co., and E. H. Rollins & Sons, Inc. share 5,500,000 Pan American Petroleum & Transport Co.—1st mtge. 3%% notes, series A, due Oct. 1,1939-50. Issued to Equitable Lire Assurance Society of the United States. Retire notes and provide for other corporate needs. 3,250,000 (F. & R.) Lazarus & Co., Columbus, Ohio—The company (subsidiary of Federated Department Stores, Inc.) has arranged for the sale to the Equitaole Life Assurance Society of the United States of $3,250,000 25-year debentures. The loan is to bear interest at the rate of 4% per annum for the first 10 years and at the rate of 4)4 % per annum for the next 15 years. 2,087,990 American Bosch Corp.—417,598 shares of capital par $1 and priced at $5 a share, offered to holders of its stock by the company. stock, capital 1,237,500 Railroad Employees' Corp.—The company in August last offered 150,000 shares of class A stock to all stockholders at $8.25 per share. It is understood that a little over 7,000 shares were taken by stockholders. The unsubscribed portion is being offered at $8.75 per share by Heinzelmann, Ripley & Co., Inc., New York, and to date it is understood that approxi¬ mately 65,000 shares of the original 150,000 shares have been sold. mostly of a divided into two sec¬ tions, namely, "Favorable Changes" and "Unfavorable Changes," gives the more important of the changes: rights by the underwriters to which there is no firm com¬ mitment. FAVORABLE CHANGES Laboratories—Extra stock dividend of 5% in addition to the regular quarterly cash disbursement of 40c. a share on the no par common stock, payable Jan. 25, 1939, and Dec. 24, 1938, respectively. Abbott Acadia Sugar Regining Co., Ltd.—Dividend on the common creased from 10c. a share to 20c. a share, payable Dec. 1. Great Southern Ry.—Extra dividend of $3 ordinary and preferred stocks, both payable Dec. 23. Alabama Aluminum Goods Mfg. Co.—Dividend on the no creased from 15c. a snare to 20c. a share, payable American Hide & Leather Co.—Dividend of cumulative preferred stock, par $50, payable GOVERNMENT FINANCING Republic—10-year 25,000,000 Argentine 95)4 at to 4J4s, yield about 5.08%. Stanley & Co., Inc., and due Nov. 1, stock in¬ 37 Mc. a share on the 15. the common stock Dec. 1. American Superpower Corp. (Del.)—Dividend of $3 a share on the first preferred stock, payable Jan. 3. This payment covers the dividends regularly due on this issue at the rate of $1.50 a share on Oct. 1 and Investment Co. of Illinois—Dividend on increased from 40c. a share to 50c. a share, payable on clearing up all accruals. Co.—Dividend of 5c. a share on the common stock, On March 15 last a regular quarterly of 2c. a share Jan. 3, 1939, thus payable Dec. 15. was distributed. Asbestos Corp., Ltd.—Quarterly dividend of 50c. a share and $1.50 a share on the common stock, both payable Dec. 31. 50c. were paid on Sept. 30, June 30 and on March 31, last. 24,432,000 Massachusetts (State of) bonds were sold as follows: $19,432,000 hurricane and flood damage issues, due yearly from 1939 to 1943 incl., were purchased as 0.75 at 100.19, a basis of about 0.69%, by the Bankers Trust Co. of New York, which did not make any formal reoffering of the obligations. The remaining $5,000,000 of borrowing was made up of the sale of that amount of Metropolitan additional water bonds to the First Boston Corp. of New York and associates as 2s, at 101.659, a basis of about 1.90%. These bonds, due $200,000 each year from 1944 to 1968 incl., were publicly offered on a yield basis of from 1.10% to 2%. Md., bonds, due from 1941 to 1945 incl., were taken by an account headed by Smith, Barney & Co. of New York on their bid of 100.25 for lMs, a basis of about 1.07%. Reoffered on a yield basis of from 0.50% to 1.20%. This was the first sale of city bonds to the public in recent years, previous issues having been absorbed by municipal trust and sinking funds. City wLl conduct another sale, in¬ volving $3,524,000 bonds, on Dec. 12. 4,025,000 Baltimore, 3,575,750 Minneapolis, Minn., bonds were awarded to a syndicate headed by Phelps, Fenn & Co., Inc., New York, which pur1 chased $2,825,750 relief, watdr works and impt. loans, due from 1939 to 1958 incl. as 2Ms at 100.16, a basis of about 2.23%, and $750,000 refunding, maturing from 1939 to 1948 incl., as 2s at 100.426, a basis of about 1.92%.Reoffered to yield from 0.40% to 2.35%, according to coupon rate and 50c. $1 a share on the pre¬ the no par common stock increased from payable Dec. 10. Paper Mills, Inc.—Dividend on the no par common $1 a share, payable Dec. 21. Blessing Co.—Extra stock in¬ dividend of 20c. a share on the common stock, payable Nov. 25. Beech-Nut Packing ; .• Co.—Special dividend of 50c. a share on the common fund issues, $1,392,000 are due from 1939 to 1953 and the other in 1983, were sold to Phelps, Fenn & Co., Inc., New York, and associates as 2Ms and 4s at par, a net interest cost of about 2.58%. The banking group confined the immediate public offering to the $1,392,000 serial obligations, which were priced to yield from 0.40% to 2.60%, according to interest rate and maturity. • 1,800,000 Middletown, Ohio, 3)4% electric light plant mortgage revenue bonds, due Dec. 1, 1958, were contracted for by Van Lahr, Doll & Isphording, Inc., of Cincinnati. 1,650,000 Springfield, Mass., sewage disposal plant bonds, due $55,000 each year from 1939 to 1968 incl., sold to the First Boston Corp., New York, and associates as 2s, at 101.629, a basis of about 1.88%. Reoffered to yield from 0.15% to 2%. 1,600,000 Jefferson Parish School District No. 1, La., 4%, 4M% and 4)4% school bonds, due annually from 1940 to 1978 incl., were sola to a syndicate headed by White, Dunbar & Co. of New Orleans at a price of 100.0006, a net interest cost of about 4.48%. Nashville, Tenn., 2)4 % school construction and impt. bonds, 1940 to 1968 incl., optional March 1, 1949, pur¬ City Bank of New York and associates at 101.919, a basis of about 2.28%. Reoffered to yield from 0.70% to 2.10% for maturities from 1940 to 1949, and at prices of from 103.50 to 102 for the subsequent maturities. stock, payable Dec. mon Corp.—Dividend of 50c. a share on the com¬ This will be the first paid since Dec. 21, 21. 1937, when $1.25 a share was distributed. dividend of $2 a share on the class A common stock of $1 a share on the class B common stock, both payable Bon Ami Co.—Extra and an extra 4 D0C Inc.—Extra dividend of 62)4c. a share and dividend of like amount on the class A stock, Bondholders Management, regular semi-annual both payable Dec. 15. a Borden Co.—Final dividend of 40c. a share on the common stock, payable of 30c. a share was paid on Sept. 1 and An interim dividend Dec. 20. June 1, last, Borg Warner Corp.—Special dividend of 25c. a share on the $5 par com¬ 15. This will be the first dividend paid since regular quarterly and an extra of 50c. each was stock, payable Dec. mon 10, 1937, when a Dec. distributed., ■ Herald-Traveler Corp.—Special dividend of 75c. a share and a regular quarterly of 40c. a share on the no par common stock, payable Dec. 8 and Jan. 3, 1938, respectively. Boston Brown Fence & Wire Co.—Dividend of 10c. a share on payable Nov. 30. the common stock, This will be the first distribution to be made on these 1938, when a a regular quarterly of 15c. a share since Feb. 28, shares paid. was Brown the common share, payable Dec. 1. Shoe Co.—Dividend on share to 50c. a stock increased from 25c. a (F.) Burkhart Mfg. Co.—Dividend of 50c. a share on the $1 par common stock, payable Nov. 25. This will be the first dividend paid since Jan. 1, 1938, when 50c. a share was distributed. Canadian Industrial Alcohol Co., Ltd.—Dividend of 10c. a share on and B shares, payable Nov. 30. This represents the first be made on these share in several years. the class A cash distribution to the common stock, payable declared on this issue since 1937, when a like amount was made. Carbons Consolidated, Inc.—Dividend on the common stock increased from 40c. a share to 50c. a share and was paid Sept. 28. Canfield Oil Co.—Dividend of $1 a share on Nov. 21. This is the first dividend to be Sept. 30, Central Cold Storage Co.—Extra dividend of 25c. a share and a regular the common stock of $20 par, both payable quarterly of like amount on X5 1 ' Central Illinois Securities Corp.—Dividend of 25c. a share on account of accruals on the $1.50 cumulative convertible preferred stock of no par D00 value, This will be the first since Aug. 1, 1937, when a of 37)4c. a share was distributed. payable Dec. 20. regular quarterly Chesapeake & Ohio Ry.—Dividend on the common 25c. a share to 50c. a share, payable Jan. 1. stock increased from Consolidated—Extra dividend of $1 a share and quarterly of $1 a share on the $25 par common stock, both Chesebrough Mfg. Co., a regular payable Dec. 19. Securities Co.—Dividend of $27.50 a share on the common stock, payable Dec. 15. This compares with $13.50 paid on Sept. 15, Christiana last. $650,000 of Extras of creased from 50c. a share to Bastian of which due from an extra payable Feb. 1. share to 75c. a share, a Badger date of maturity. chased by the National & Santa Fe Ry.—Dividend of Atchison Topeka Bohn Aluminum & Brass 25,000,000 Connecticut (State of) funding and building bonds, em¬ bracing $6,250,000 lMs due from 1939 to 1943 incl., and $18,750,000 l)4s, due from 1944 to 1958 incl., were taken by an account composed of the Bank of the Manhattan Co.; Ladenburg. Thalmann & Co., and C. J. Devine & Co., Inc., all of New York, at 100.052, a basis of about 1.51%. In reoffering the bonds the bankers priced the 1939 to 1952 maturities to yield from 0.15% to 1.50%, according to rate and redemp¬ tion date, and the balance at priced of 99, 98 and 97. This marked the State's first appearance in the long-term capital market for a great number of years and the issue in question represents its total funded debt. various purpose serial and sinking payable quarterly of 30c. a share on the Dec. 12.. stock, payable Dec. 15. MUNICIPAL FINANCING 2,042,000 Boston, Mass., regular Inc.—Extra dividend of 40c. a share and a $20 par, common stock, both Anheuser Bush, 1948. Offered by Morgan associates. $40,000,000 New York, N. Y., serial and special assessment bonds, com¬ prising $25,000,000 3s, due from 1939 to 1973 inci., and $15,000,000 2Ms, maturing from 1940 to 1944 incl., were awarded to a large syndicate headed by the Chase National Bank of New York, at a price of 100.019, a net interest cost of about 2.88%. The 3s were reoffered to yield from 0.50% to 3.15%, according to maturity, and the 2Ms from 1.10% 2.20%. Only other bidder at the sale, which was the third completed by the city in the present year, was a group managed by the National City Bank of New York. . par common Dec. 15. 75c. a share on the 6% Dec. 28. A like amount American Atlas Powder Co.—Dividend on $40,000,000 Dominion of Canada—A syndicate headed by Morgan Stanley & Co., inc., and associates, offered $40,000,000 3% bonds priced at 97.25 and accrued interest. The bonds mature on Nov. 15, 1968. < stock in¬ share on the 1937. distributed on Dec. 31, was a American Insulator Corp.—Initial dividend of convertible prior preferred stock, payable Dec. ferred stock, FOREIGN 1,592,000 The following list, favorable nature. 4 924,000 American Export Lines, Inc.—Offering was made Nov. of 88,000 shares of capital stock (par $1) at $10.50 a share by a baniring group headed by Lehman Brothers. Of the 88,000 shares offered, the underwriters agreed to purchase 44,000 shares and 44,000 were subject to the exercise of purchase I November were in declarations American Toll Bridge 1,038,700 Newport Industries, Inc.—103,870 shares of capital stock, par $1, priced at $10 a share. Offered by company to holders of its capital stock. Priced CHANGES IN NOVEMBER DIVIDEND Dividend National Gypsum Co.—Public offering was made Nov. 28 a new issue of 60,000 shares of $4.50 conv. cum. pref. stock. The stock was offered by means of a prospectus at $100 per to 2.25%. from 1.40% had sold privately to an insurance company fund debentures. The of • 2)4s at par, a net cost of about 1959 incl., and reoffered to yield issue of $6,000,000 10-year sinidng proceeds will be used to retire bank loans and working capital. headed by Lehman Bros, account ' 6,000,000 McKeesport refunding bonds were sold to an of New York as 2Ms and 2.42%. Due from 1940 to from 0.40% to 2.50%. Hamilton Township, N. J., 3)4% sewer bonds, due yearly from 1939 to 1978 incl., were awarded to the BancamericaBlair Corp. of New York and associates at 100.94, a basis of about 3.43%. Reoffered to yield from 1.50% to 3.50%. University City, Mo., new capital bonds were sold to a group headed by the Mercantile-Commerce Bank & Trust Co., St. Louis, as 2Ms at 100.27, a basis of about 2.23%. The bonds, due serially from 1944 to 1958 incl., were reoffered to yield City, Mo., water 1,200,000 Kansas MISCELLANEOUS FINANCING INDUSTRIAL AND $40,000,000 Goodyear Tire & Rubber Co., Akron, Ohio—The company, it was announced Nov. 19, will call for redemption on Dec. 30 the entire issue of $52,365,500 coll. trust 5% bonds due May 1, 1957. The bonds are callable at 102 and accrued interest at any time on 30 days' notice. Concurrently it was announced the company has completed arrangements to sell $40,000,000 two-year 1st mtge. & coll. trust 3 )4 % bonds to insurance companies, which together with a $10,000,000 five-year bank credit at about 2M%, will represent the only funded debt of the corporation. an U MONTHLY REVIEW Dec., 1938] j. v Chrysler Corp.—Dividend of $1.25 a share on Dec. 12. A distribution of 25c. a share was v\ the common stock, payable made on Sept. 14, last. Ry.—Extra dividend of $6 share on the common stock, 22. City & Suburban Homes Co.—Dividend on the common stock increased from 15c. a share to 20c. a share, payable Dec. 5. .-.V Clark Equipment Co.—Dividend of 25c. a share on the common stock, payable Dec. 15. This will be the first cash dividend paid since Dec. 15, 1937, when 50c. a share was disbursed. Cluett Peabody & Co., Inc.—Final year-end dividend of 30c. a share on the no par common stock, payable Dec. 24. Disbursements of 15c. were Cincinnati New Orleans & Texas Pacific a share and a semi-annual dividend of $5 a , par $100, both payable Dec. made on Sept. 26 and on May 2, last. of $2 and a regular quarterly of 75c. stock, both payable Dec, 15. International Corp.—Dividend of $21.40 a share on the common stock of no par value, payable Dec. 15. This compares with $5.80 paid on Oct. 1, last; $3.89 on July 1 and April 1, last, an extra of $15.50 and a quarterly of $6 on Dec. 15, 1937. Colt's Patent Fire Arms Mfg. Co.—Extra dividend of $2 a share and a regular quarterly of 50c. a share on the common stock of $25 par, both payable Dec. 20. v'U'O • Coca-Cola Co.—Year-end dividend on the no par common Coca-Cola 13 MONTHLY EEYIEW Columbia Baking Co.—Extra dividend of 40c. a share and a regular quarterly of 25c. a share on the SI cumul. partic. preferred stock of no value, both payable Dec. 15. Johns-Manville Corp.—Dividend of 50/. a share on the no par common stock, payable Dec. 23. This will be/the first paid since Dec. 24, 1937, par Columbia Broadcasting System, Inc.—Special cash dividend of 10c. a quarterly cash distribution of 25c. a share on the present class A and B ($2.50 par) stock, both payable Dec. 9. share and on last. ' ^ . Amusements, Inc.—Stock dividend of one share of $20 6% preferred stock for each 12 shares of common stock held, payable Dec. 10. •' Consolidated Co.—Dividend Biscuit vVr:'/'1/V the on common stock increased from 15c. a share to 25c. a share, payable Dec. 23. Consolidated Paper Co.—Final dividend of 50c. a share for the year 1938 on the common shares, payable Dec. 1. A regular quarterly dividend of 25c. a share was last paid on June 1, 1938. Consolidated Rendering Co.—Dividend of $1 a share was paid Nov. 14 on the no par common stock. On Sept. 30, last a distribution of 30c. a share made. was Ken-Rad Tube & Lamp Co.—Dividend of 37He. a share on the class A common stock, no par value, payable Dec. 20. This will be the first paid since Dec. 15, 1937, when a like amount was The former is payable Dec. 15 and the latter on Dec. Continental Steel Corp.—Dividend of $1 a share on the common stock, payable Dec. 15. This will be the first common dividend paid by the conipany this year. A regular quarterly.of 25c. a share was distributed on Dec. 24, 1937. Creameries of America, Inc.—Extra dividend of 10c. a share and a regular quarterly of like amount on the common stock, both payable Kroger Grocery & Baking Co.—Extra dividend of 30c. a share payable Dec. 20 on the common stock. Kysor Heater Co.—Extra dividend of 10c. a share and a regular quarterly of 15c. a share on the common stock, both payable Dec. 15. Laclede stock Corp.—Dividend of $1 a share on the class A stock, payable Dec. 15. This compares with 50c. a share paid on Dec. 15, 1937. (L. A.) Darling Co.—Initial dividend of 15c. the on Detroit a share was paid Nov. 25, stock. common Steel Dewey & Almy Chemical Co.—Dividend on the common stock increased from 15c. a share to 30c. a share, payable Dec. 15. Pepper Co.—Extra dividend of 65c. dividend of 25c. a share on the share a on a share and no par common Draper Corp.—Special dividend of $1 75c. a regular quarterly stock, both payable Dec. 1. share and a regular quarterly of a the common stock, both payable Jan. 3, next. (E. I.) du Pont de Nemours & Co., Inc.—Dividend on the common stock increased from 75c. a share to $1.50 a share, payable Dec. 14. Electrical Products Corp. of Calif.—Initial dividend of 50c. a share was paid Nov. 25, last, on the new $4 par, common stock. Elgin National Watch Co.—Dividend creased from 25c. a Le Tourneau, Inc.—Dividend on the common stock increased (R. G.) share to 50c. a on the $15 par common stock in¬ share, payable Dec. 15. Employers Reinsurance Corp.—Extra dividend of 20c. became payable on Dec. 1. from 25c. a share to 50c. a share and Lee Mercantile Co.—Dividend resumed on the common stock by the payment of 25c. a share on Nov. 15 last. (H. D.) Libbey-Owens-Ford Glass Co.—Final dividend of 50c. a share on the no-par common stock, payable Dec. 15. Dividends of 25c. a share paid were Line on Sept. 15 last. Material Co.—Initial stock payable Jan. Corp.—Dividend of 25c. a share on the common stock, payable Dec. 15. This wiil be the first paid since March 31, last, when a regular quarterly of like amount was distributed. Dr. Steel Co.—Dividend of 65c. a share on the $20 par common payable Dec. 12. This compares with 15c. a share paid in each preceding quarters. Lehigh Coal & Navigation Co.—Dividend of 10c. a share on the common stock payable Dec. 24. This will be the first paid since Nov. 30, 1937, when a regular semi-annual dividend of 15c. a share was distributed. Lehn & Fink Products Co.—Dividend on the common stock increased from 20c. a share to 75c. a share, payable Dec. 14. Dec. 27. Curtiss-Wright last distributed. (I. B.) Kleinert Rubber Co.—Dividend of 25c. a share on the common stock payable Dec. 24. Previously regular quarterly dividends of 10c. a share were distributed. of the three Casualty Co.—Extra dividend of 40c. a share in addition regular quarterly dividend of 30c. a share on the $5 par capital stock. 1. a Copper Corp.—Final dividend of $1 a share on the no par stock, payable Dec. 23. Dividends of 25c. a share were paid preceding quarters. in each of the three ; Continental to December, 1937. since Kennecott Consolidated par Line & Gas Co.—Dividend of 20c. a share was paid Nov. 15 the common stock. This will be the first disbursement on this issue Kansas Pipe common Consolidated Aircraft Corp.—Dividend of $1 a share on the common stock, payable Dec. 19. The last previous dividend was an initial disbuseipent of 50c. made on Dec. 27, 1937. & Supply Co.—Dividend on the common stock increased payable Dec. 15. from 50c. a share to 75c. a share, on Congoleum-Nairn, Inc.—Year-end dividend of 50c. a share on the com mon stock, payable Dec. 22. This compares with 25c. paid on March 15 the common stock. Joslyn Mfg. a • , dividend of 20c. share a on the common 15, 1939. dividend of 50c. a share on the no-par common stock payable Dec. 24. This compares with a dividend of 30c. a share paid on Oct. 1 last. c Co.—Final Lorillard Macassa Ltd.—Extra dividend of 5c. and a regular quarterly both payable Dec. 15. Mines, of 5c. on the $1 par common stock, Magma Copper Co.—Dividend on the $10 par common stock increased from 25c. a share to 55c. a share, payable Dec. 15. Magor Car Corp.—Extra dividend of 25c. a share on the common stock and a regular quarterly of $1.75 a share on the preferred stock and 25c. a share on the common stock, all payable Dec. 23. Maryland Fund, Inc.—Quarterly dividend of 3c. a share on the capital stock, payable Dec. 15. This compares with 2c. a share distributed on Sept. 15, 1938. Natural Memphis Gas Co.—Dividend on the stock in¬ no par common creased from 10c. a share to 25c. a share, payable Dec. 15. share in addi¬ the common stock, Merck & Co., Inc.—Dividend of 25c. a share on the common stock, payable Dec. 8. This represents the first distribution to be made this year on the common shares, $1 a share having been paid on Dec. 23, 1937. Ex-Cell-O Corp.—Dividend on the common stock increased from 10c. a share to 20c. a share, payable Dec. 22. Metal Textile Corp.—Extra dividend of 10c. a share and a regular quarterly of 81 He. a share on the $3.25 partic. preferred stock, both payable Dec. 1. In addition, an initial dividend of 10c. a share was declared on the new common shares, payable on the same date. tion to the regular quarterly dividend of 40c. a share on a both payable Nov. 15. Falstaff Brewing Corp.—Extra dividend of 30c. a share and a regular quarterly of 15c. a share on the common stock, both payable Nov. 30. Directors also declared two quarterlies of 15c. a share on the above issue, payable Feb. 28 and May 31, 1939. Mickelberry's Foods Products Co.—Dividend of 10c. a share on the common stock, payable Dec. 15. This will be the first distribution to General Motors Corp.—Dividend of 75c. a share on the $10 par common stock, payable Dec. 12. This compares with 25c. paid on Sept. 12, last. Mid-Continent General Telephone Corp.—Extra dividend of 20c. a share and a quarterly of 25c. a share on the $20 par common stock, both payable Dec. 15. General Telephone Tri Corp.—Initial common shares, payable Dec. 22. dividend of $1 General Tire & Rubber Co.—Dividend of 50c. stock share a share on the a on the common be made on the common stock in some time. Corp.—Dividend Petroleum the common stock in¬ 1. on creased from 25c. a share to 35c. a share, payable Dec. Midvale Co.—Dividend of $2.50 a share on the no par, capital stock, pay¬ able Dec. paid This compared with $1 17. on Oct. 1, last. Mock, Judson, Voehringer Co., Inc.—Dividend on the $2H Par common stock increased 15c. a share to 25c. a share, payable Dec. 20. since Monarch Machine Tool Co.—Dividend on the common stock increased Good Humor Corp.—Dividend of 30c. a share was paid on the common stock on Nov. 1. This compared with $1 a share paid on Oct. 11, 1937, Muskegon Piston Ring Co.—Dividend of 50c. a share on the common stock, payable Dec. 15. This will be the first paid since March 31, 1938, payable Nov. This represents 25. the first distribution Nov. 10, 1937, when a special of 50c. a share was paid. and Nov. on from 25c. 1, 1936. Dec. 29, 1938, and the latter on Jan. 3, 1939. / Great Northern Paper Co.—Extra dividend of 63c. a share and a regular quarterly of 25c. Dec. 1. a share on the $25 stock, both payable par, common a share the on no par common stock, payable Dec. 15. This compares with 25c. a share paid in each of the three preceding quarters. Hancock Oil Co. of California—Dividends on the class A and B common stock increased from 25c. a share to 50c. a share, in addition to an extra all payable Dec. 1. a share on the no par common stock payable Nov. 25. This was the first distribution on the common shares since June 10, 1930, when 25c. was paid. Hartford Steam Boiler of 40c. a Inspection & Insurance Co.—Extra dividend share on the $10 par capital stock payable Dec. 1. Haverty Furniture Cos., Inc.—Dividend increased from 10c. Heel a a on the $5 par common stock share to 20c. a share, payable Nov. 25. Mining Co.—Dividend on the 25c. par common stock increased a snare to 15c. a share, payable Dec. 28. from 5c. Helena Rubinstein, Inc.—Dividend of 75c. a share on the common stock An initial dividend of $1 was paid payable Dec. 23. Hercules Powder on Dec. 15,1937. Co., Inc.—Year-end dividend of 60c. stock, payable Dec. Sept. 24 and on June 25 last. common 21. a share on the with 25c. paid on This compares Heyden Chemical Corp.—Dividend on the $10 par common stock in¬ creased from 30c. a share to 40c. a share, payable Dec. 1. Honolulu Gas Co., Ltd.—Extra dividend of 60c. a share on the common I Horn & Hardart Co. (N. Y.)—Year-end dividend of 60c. a share on the common stock payable Dec. 23. This compares with 50c. paid on stock payable Dec. 10. Nov. 1 last. quarterly of like amount on the common stock. Dec. 6 and the latter on Jan. 14, 1939. regular The former is payable a Hyde Park Breweries Association, Inc.—Dividend of $1 a share on the common stock, par $10, payable Jan. 3. This compares with 50c. paid on Oct. 4 and July 15 last. a National Container from 5c. a a Investors—Dividend increased from 15c. a share to 50c- share, payable Dec. 22. share to 50c. a share, Products Oil National stock increased payable Dec. 1. Co., Inc.—Dividend on creased from 20c. a share to 30c. a share, payable the common stock in¬ Dec. 22. National Standard Co.—Dividend on the common stock increased from 12Hc. share to 25c. a share, payable Jan. 3. a Co.—Dividend Transit creased from 35c. on the par $12H capital stock in¬ share to 40c. a share, payable Dec. 15. a Naumkeag Steam Cotton Co.—Dividend on the common stock increased from 50c. a share to 75c. a share and became payable 6n Nov. 25, Newmont Mining Corp.—Dividend of $1.50 a share on the capital stock, payable Dec. This compares with disbursements of 50c. 15. made in each of the three Northern Illinois Finance the no-par common a share preceding quarters. New York Merchandise Co., Inc.—Extra dividend of 10c. the common stock of $10 par payable Dec. 15. Corp.—Extra dividend of 50c. stock payable Dec. 3. a share on a share on Northern Utilities Co.—Final dividend of $4 pref. stock, par $100, payable Dec. 5. was paid on Dec. 10, 1937. a share on the 7% non-cum. An initial dividend of $6 a share Northwest Engineering Co.—Dividend of $1 a share on the common stock payable Dec. 20. This compares with 25c. a share paid on Nov. 1 last. Ohio Finance Co.—Dividend a share to 40c. a share, on Dec. the common stock increased from 30c. payable Dec. 22. Ohio Oil Co.—Dividend of 20c. a share on the common stock payable This represents the first dividend to be paid since Dec. 15. 15, which time a semi-annual disbursement of 50c. a share was made. Omnibus Corp.—Dividend of $1.30 a share on the common stock payable Dec. 29. This will be the first dividend paid since Dec. 23, 1937, when an initial distribution of $1.80 a share was made. Panhandle Eastern Pipe Line Co.—Dividend on the common stock increased from 75c. a share to $1.50 a share. In addition a participating dividend of approximately $1.82 a share was also declared on the class A pref. stock. Both dividends become payable on Dec. 21. Penick Radio Corp.—Stock dividend of 100% on the common shares, payable Dec. 30. A cash dividend of 50c. was paid on the old shares on July 20, last. ' International Corp.—Dividend on the common share to 7He. a share, payable Dec. 10. Oats Co.—Dividend on the common stock increased from 25c. 1937, a,t Household Finance Corp.—Special dividend of $1 a share and Incorporated Casualty Co. (Detroit)—Extra dividend of 20c. a share on the common stock payable Dec. 22. The regular quarterly of 25c. a share previously declared will be paid on Dec. 15. National Hart-Carter Co.—Dividend of 50c. distributed. National National Hamilton Watch Co.—Dividend of 40c. of 25c., share to 30c. a share, payable Dec. 1. when 25c. a share was Goodyear Tire & Rubber Co., Canada—Extra dividend of $5 a share and a regular quarterly dividend of 63c. a share on the common stock, the former payable a & Ford, Ltd., increased from 75c. a Inc.—Dividend on the no-par common share to $1 a share, payable Dec. 15. Pennsylvania Salt Mfg. Co.—Dividend on the $50 increased from $1 a share to $1.25 a share, payable stock par common stock Dec. 15. International Salt Co.-i-Extra dividend of 50c. In addition to a quarterly of 37 He. a share on the common stock, both payalble Dec. 15. Pennsylvania Water & Power Co.—Dividend Inter type Peoples Drug Stores, Inc.—Final dividend of 75c. a share on the common stock payable Dec. 15. Dividends of 25c. a share were paid on Oct. 1 20c. a Corp.—Dividend on the no par common stock share to 25c. a share, payable Dec. 1. increased from Interstate Natural Gas Co., Inc.—Dividend of $1 a share on the common stock payable Dec. 15. This compares with 75c. paid on June 30, last. Irving Air Chute Co.—Extra dividend of 25c. a share and a regular quar¬ terly of similar amount on the common stock, both payable Dec. 15. increased from $1 a share to $1.50 a the common stock share, payable Jan. 3. on last and each three months previously. Pepperell Mfg. Co.—Dividend of $1 a share on the $100 par capital stock payable Dec. 5. This will be the first payment made since Aug.16 1937, when a regular semi-annual dividend of $3 a share was distributed. Jaeger Machine Co.—Dividend resumed on the no par common stock by the payment of 50c. a share on Nov. 23, last. Perron Gold Mines, Ltd.—Initial dividend of 4c. a share and an extra dividend of lc. a share on the common stock, both payable Dec. 21. (W. B.) Jarvis Co.—Dividend of $1 a share on the common stock, payable Dec. 15. This will be the first distribution to be made since March 1, 1938, when a regular quarterly dividend of 50c. a share was paid. Petroleum Corp. of America—Dividend of 41c. stock payable Dec. 22. will be paid on Jan. A dividend of 25c. 16 next. a a share on the common share previously declared Petrolite Corp., Ltd. (Del.)—Dividend on the common from 35c. a share to 40c. a share and was paid on Nov. Hydro-Electric Corp.—Initial dividend of 13c. a share partic. preferred stock was paid on Oct. 26, last. $5.25 a share on account of accumula¬ tions on the 7% cumul. preferred stock of $100 par, payable Dec. 1. This distribution will clear up all arrearages on the issue. West Canadian stock increased Wolverine Tube Co.—Dividend of increased (Wm.) Wrigley Jr. Co.—Extra dividend of 25c. a Share on the no par common stock, payable Dec. 1. Three regular monthly dividends of 25c. a share were also declared, payable Feb. 1, March 1, and April 1, 1939. ■■ .. ■ .r■ ' ■,; Pittsburgh & Lake Erie RR.—Dividend of $1.25 a share on the $50 par capital stock, payable Dec. 15. This compares with 50c. paid on June 15, last." ■ ■;• .,/ Pittsburgh Oil & Gas Co.—Dividend of 10c. a share on the $1 par com¬ mon stock, payable Dec. 15. This will be the first dividend paid since Dec. 24, 1937, when a dividend of 20c. was distributed. Pittsburgh Plate Glass Co.—Dividend on the $25 par common creased from 25c. a share to $1 a share, payable Dec. 23. Polaris Mining Co.—Dividend on the common a share to 15c. a share, payable Dec. 28. the 80c. cumul. on 1, last. Phelps Dodge Corp.—Dividend on the $25 par capital stock from 20c. a share to 55c. a share, payable Dec. 9. stock in¬ of $100 par Corp. of N. J.—Dividend increased from 50c. a share to 55c. a increased from Basic Quaker Oats Co.—Special dividend of $1 a share and a regular of $1.25 a share on the common stock, both payable Dec, 24. stock quarterly Dec. stock, payable Sept. 12, last. This 13. non-cum. was 27. payable Dec. 1. This compares on Dec. 15, 1937. dividend of 20c. a share Dec. 15. Corporate Investors, 7c. a payable Rich's, Inc.—Extra dividend of $1 a share on the common stock, Dec. 15. share to 30c. a a was capital stock, April 1, last. Savage Arms Corp.—Dividend of 25c. a share on the common stock, payable Dec. 22. The last previous dividend was 75c. a share paid on Nov. 20. 1937. stock 20c. Paper Co.—Quarterly dividend of 40c. a share and an extra share on the no-par common stock payable Dec. 15. of a Niagara Hudson Power Corp.—Dividend of 25c. a share on the $15 common stock payable Dec. 15. This compares with 40c. paid Dec. 15, 1937, and on Dec. 15, 1936. (Frank G.) Shattuck Co.—Extra dividend of 10c. a share and a regular quarterly of like amount, both on the common stock, payable Dec. 22. Simmons Co.—Year-end dividend of 75c. a share on the no-par common stock payable Dec. 19. One of 50c. a share was disbursed on Nov. 1 last. Simonds Saw & Steel Co.—Dividend of 60c. a share on the new no-par common shares payable Dec. 15. This compares with 10c. a share distributed on Sept. 15 and June 15 last. Smith Agricultural Patterson-Sargent Co.—Dividend on the common 25c. a share to 12Hc. a share, payable Dec. 1. Chemical Co.—Dividend on the no-par common $1.25 a share and was paid on Oct. 27 Pullman, Inc.—Dividend on the no par common a share to 25c. a share, payable Dec. 15. ' < Sonotone Corp.—Dividend on the $1 par common 5c. a share to 10c. a share, payable Dec. 15. on stock increased St. Helen's a Pulp & Paper Co.—Dividend of 40c. a share on the $10 par payable Dec. 1. A distribution of 20c. a share was common Nov. St. on dividend 1 last. a the A Rocky Mountain & Pacific Co.—Dividend resumed on declaration of 25c. a share, payable Dec. 10. 31, 1938. Louis stock by the common (A. E.) Staley Mfg. Co.—Dividend on the common 20c. a snare to 30c, a share, payable Dec. 20. Oil Co. was stock increased from share and a $10 par common stock, both Sterling, payments of S1.12H a share were COURSE OF THE STOCK Strouss-Hirshberg Co.—Dividend on the $5 par common stock Increased from 5c. a share to 15c. a share, payable Dec. 15. The strong Talon, Inc.—Dividend on the common stock increased from 40c. a share to 80c. a share, payable Dec. 20. & Mfg. Co.—Dividend of 10c. a share on the stock, payable Dec. 1. A disbursement of 5c. was made on April 15, last. , Haute Malleable brief on Inc.—Initial dividend of 34c. a share on the preferred stock, payable Dec. 15. * ; United Aircraft Corp.—Dividend on the $5 par capital stock increased from 50c. a share to 75c. a share, payable Dec. 15. Union Premier Food Stores, United Molasses Co., making a United States cumulative crest dividend of 71c. a share on the A dividend of 32c. was paid on Sept. 15 being an initial distribution on the new outstanding. $1 a share on the common first paid since December, Universal Consolidated Oil Co.—Dividend of . brief flurry, impetus, and for the rest of the month the market in dull, creeping at first abruptly and then .. :■ spite of the fair-sized trading 20,728,160 shares. representative stocks compiled by the York "Times" showed a drop of 2.32 points in Novem- the August total of of 50c. a share on the no par common share on the common paid on Aug. 27, last. this volume which featured dealings immediately after the election, the share turnover for the month fell away drastically from the October total. Transactions amounted to 27,922,295 shares as against 41,558,470 shares in September. While the volume was the smallest for any November since 1934, it was, nevertheless, higher than the September total of 23,826,970 shares and In stock, payable Dec. 15. Welcb Grape Juice Co.—Cash dividend of 25c. a shares, payable Dec. 10. This compares with 10c. the latter date. It was a higher attained since September, 1937. however, the forward movement than the market had fashion. a share on the 8% non$100, payable Dec. 23. This will these shares since Feb. 15, 1928. Rubber Co.—Dividend of $4 Viking Pump Co.—Special dividend stock, payable Dec. 15. 9 worked lower, 1st preferred stock,""par shares now at the polls by the Republican party forces, spurted briskly, on relatively large volume, on and 10. But later events proved that the crest lost its first paid since Dec, 15, 1937, stock, payable Dec. 20. This will be the 1936, when $1 a share was also distributed. period last month when the results of the elections On the news of the substantial After share on the common and on June 15, last, the latter common plans for a of the rise was reached on United States Tobacco Co.—Year-end common which developed Nov. 8 became known. Nov. the class A and B btocks, Ltd.—Final common dividend of 15%, less tax, last year. be the first dividend paid on advance in the stock market NOVEMBER, 1938 the market total of 22 H% for the year as against 22M % stock, payable Dec. 15. This will be the when a similar distribution was made. made on Sept. 15, last. MARKET DURING gains made Ltd.—Extra dividend of 15c. a share and a United Public Service Corp.—Dividend of 15c. a at this time. promptly after the announcement on Sept. 28 of the for the Munich conference was given new impetus common regular semi-annual dividend of 30c. a share on all payable Nov. 30. respect to the at Inc.—Extra dividend of 10c. a share on the common stock, United Amusement Corp., > Worthington Pump & Machinery Corp.—Dividends ordinarily due this time on the 4H% cumul. prior preferred stock and on the 4H% cumul. convertible prior preferred stock omitted. Regular quarterly 1 payable Dec. 20. Terre of a 15c. regard to the payment of a dividend on A regular quarterly of 25c. a share at this time. distributed on Aug. 15, last. (J. V.) Wickland Development Co.—No action taken with declaration of a dividend on the no par common shares One of 3c. a share was paid on July 20, last. Standard Oil Co. of New Jersey—Regular semi-annual cash dividend of 50c. a share and stock dividend of three shares of capital stock for each 200 shares now outstanding on the $25 par capital stock, both payable Dec. 15. taken with regard to the payment this time. A regular quarterly of last. the common stock at divi¬ Oil Co. of Kentucky—Extra dividend of 25c. a regular quarterly of like amount on the payable Dec. 15. the com¬ disbursed 'M Virginia Public Service Co.—No action taken on the payment of a dend ordinarily due at this time on the 6% and 7% cumul. preferred stock. Regular quarterly disbursements of $1.50 and $1.75 a share, respectively, were made on Oct. 1, last. capital stock, payable Dec. 8. Standard on share was paid on Sept. 30, the common shares Kansas—Dividend of $2 a share on the $10 par of ■ Trane Co.—No action taken with like amount was distributed on March Standard April 1, 1938.' Texon Oil & Land Co.—No action stock, made stock reduced from 37He. Spicer Mfg. Corp.—Dividend on the no par common stock reduced from $2 a share to 50c. a share, payable Dec. 19. Standard-Coosa Thatcher Co.—Dividend on the common stock reduced from 25c. a share to 12He. a share and became payable Nov. 10. Inc.—Dividend on the $1 par capital stock in¬ share to 10c. a share, payable Dec. 15. Spencer Trask Fund, creased from 5c on stock reduced from Scoville Manufacturing Co.—Dividend ordinarily payable on mon shares at this time was omitted. One of 25c. a share was stock increased from Southland Royalty Co.—Dividend on the $5 par common from 10c. a share to 20c. a share, payable Dec. 15. par Pennsylvania RR.—Dividend of 50c. a share on the $50 par capital stock, payable Dec. 20. On Dec. 20, 1937, a disbursement of 75c. a share was made and represented the last previous distribution on this stock. stock increased from $1 a share to last. & Electric Co.—No Gas , Inc.—Dividend of 5c. a share on the common payable Nov. 30. This was the first paid in several years. Schmidt Brewing Co., Scott declaration action taken on the dividend ordi¬ narily due at this time on the class B stock. A regular quarterly of 37He. a share was paid on Sept. 24 last. Lyon Metal Products, Inc.—Dividend ordinarily due at this time on the 6% cum. partic. pref. stock omitted. A regular quarterly of $1.50 a share was paid on Aug. 1, 1938. McColl Frontenac Oil Co.—Dividend ordinarily due at this time on the common stock omitted. A regular quarterly of 10c. a share was paid on Sept. 15 last. '' (F. E.) Myers & Bro. Co.—Dividend on the no-par common stock reduced from $1 to 75c. a share, payable Dec. 27. New Bedford Cordage Corp.—Dividend ordinarily due at this time on the $5 par common shares omitted. A distribution of 15c. a share was made on Sept. 1 and on June 1 last. Louisville payable Dec. 20. on stock decreased from Long Island Lighting Co.—Directors on Nov. 18 omitted the of a dividend payable Jan. 1, 1939, on the preferred stocks. Safeway Stores, Inc.—Dividend of $1.25 a share on the common stock, payable Dec. 15. Payments of 25c. a share were made on Oct. 1, July 1 and payable 4% non-cum. $1.50 a share paid. Lily-Tulip Cup Corp.—Dividend on the common 37He. a share to 30c. a share, payable Dec. 15. stock increased from 20c. on the common share, payable Dec. 15. 1937. Corp.—Dividend of lc. a share on the common stock This compares with 8c. paid on Dec. 20, 1937. Kansas City stock increased from Co.—Year-end dividend of 60c. a share on the 50c. a share on the with $1.50 paid on Southern Ry.—Dividend of $1 a share on the pref. stock, par $100, payable Dec. 1. On Dec. 15, 1937, payable Brothers, Inc. (Del.)—Dividend of 75c. a share on the common stock, payable Dec. 20; the first since March 21, 1938, when a regular quarterly of 37He. a share was disbursed. Ruberoid Co., Inc.—Dividend of 15. This compares payable Dec. Nov. 30. Roos Royal China, Inc.—Dividend stock Famise ■ (H. H.) Robertson Co.—Dividend on the common 12Hc. a share to 37Hc. a share, payable Dec. 15. ;: Vacuum Cleaner Dec. 30 increased from 30c. Nov. 1. on paid Nov. 23 last This 1937; Feb. 27, 1937, and 1936. 1, common ■ reduced from Ltd.—Dividend on the common stock payaDle Nov. 15. Co.—Dividend of 25c. a share was with 50c. a share paid on Nov. 22, compares Electric Rich Ice Cream Co.—Dividend on the common stock ] the common stock of $1 a share made share to 5c. a share, a Curtis Mfg. Feb. share to 70c. a share and became of $1.50 a share on the 6% A dividend of $3.50 a share Co.—Dividend of 25c. a share on with a distribution Clark Controller in¬ Richfield Oil Corp.—Dividend of 50c. a share on the capital stock, payable Dec. 21. An initial distribution of 25c. a share was made on Dec. 24, 1937. v/vV a Iron Foundries, Ltd.-—Dividend pref. stock payable Nov. 15. paid on April 30 last. Canada share on the no par common compares with 50c. a share paid on Co.—Final dividend of $1 ' Consolidated Copper Co.—Dividend of 25c. a share on the $25 par common stock payable Dec. 26. Previously a distribution of 35c. was made on Sept. 16, 1937. regular dividend of 30c. a share, both payable Richardson the common stock , Calumet & Hecla stocks in¬ Raybestos-Manhattan, Inc.—Dividend on the no par common stock creased from 15c. a share to 25c. a share, payable Dec. 15. reduced from 5c. a semi-annual dividends of $1 a share were distributed. Corp. of America—Dividend of 30c. a share on the common stock, This represents the record dividend on this issue, an 21, 1937. Railroad Employees Corp.—Dividend on the class A and B creased from 15c. a share to 20c. a share, both payable Dec. Previously regular 22. Dec. payable initial of 20c. a share was distributed on Dec. a stock reduced from Inc.—Dividend on the common payable Dec. 15. Dolomite, Bishop Oil Corp.—Dividend on the common stock .share to 2Hc. a share, payable Dec. 15. Boston Wharf Co.—Dividend of 50c. a share on payable Dec. 14 and a Dec. 23, 1936. of $2.25 on 15c. a share to 10c. a share, the no par common share, payable Dec. 20. ■. on Reliance Insurance Co. (Philadelphia)—Extra A distribution of $3 stock. Purity Bakeries Corp.—Dividend of 55c. a share on the common stock, payable Dec. 1. This compares with dividends of 15c. a share dis¬ tributed on Sept. 1, last and each three months previously. Radio of $1 a share on the $50 par common share was made on Dec. 24, 1937, and Atlantic Coast Line Co.—Dividend 11c. a Service action taken on the 6% non-cum. pref. A distribution of 25c. a share was made on at this time. Sept. 24 last. stock increased from Investing Co.—Dividend on the common stock share to 8c. a share, payable Dec. 15. 7Hc. Public CHANGES UNFAVORABLE American Ice Co.—No dividend one Public 13 MONTHLY. REVIEW DEC., 1938] ' The New* index of 50 14 ber MONTHLY EBVIEW compared with rise of a no less than 11.18 points in with the close Nov. 30 at Southern Pacific 92%. was at October and one of 2.05 points in September. The November loss pared the rise in the index for the first 11 months highest Nov. 10 at 21% and at its lowest Nov. 28 at 17, with the close Nov. 30 at 18%. Baltimore & Ohio dropped 17.95 points. were at their softest in the week ended 8% Nov. 10 to 6% Nov. 28, with the close Nov. 30 at Chesapeake & Ohio fell from 36% Nov. 10 to 31% Nov. 28, with the close Nov. 30 at 34%. Southern Railway was at its.highest Nov. 10 at 21% and at its lowest Nov. 28 at 16%, with the close Nov. 30 at 18%. Domestic corporate bond prices of both high and medium grade inclined toward the high side of the market the fore part of November, but with the half-way mark reached, an easier tendency prevailed and the price level came in for some readjustment. However, at the month's close average down to Prices when the averages recorded a from Nov. decline of 5.49 points. 19, The reduced to 1 point in the following week, and in the last three days of the month an advance of 0.62 of a loss was point was registered. As for the performance of the im¬ portant groups of stocks, the index of 100 stocks compiled by the New York "Herald Tribune" showed that the food stocks suffered the widest loss, with the coppers, oils and utility issues next among the industrial classification. rail shares suffered rather badly. Bond turnover on its The the New York Stock Exchange decreased 7%. prices reflected modest net gains. Aside from the obliga¬ of some of the smaller foreign governments, price tions along with that of stocks, for dealings came to but $155,868,000 par value as against $185,179,000 in October. The changes in this group were mostly negligible. November for the month in the different issues of United total was the smallest for corresponding month since 1917. The Stock Exchange's bond department could show only $4,419,000 of United States Government bonds dealt for in the Governments States entire any month. admittedly Trading in as whole in a spite of at of fact that the it was all the was manifested more in paradoxical in view the face of considerable number, likewise, of bond prices: a good showing at the voting places by the Republican candidates and in the face of an obvious extension of the improvement Last Ranoe During November, 1938 First Sale Sale Nov. 30 Highest Lowest Nov. 1 1947-1952 119.2 118.12 Nov. 119.2 Treasury 4s 1944-1954 114.14 113.31 Nov. 1946-1956 1940-1943 113.14 112.25 Nov. 113.14 Nov. 105.21 105.8 105.22 Nov. 1941-1943 1943-1947 1941 1943-1945 1944-1946 1946-1949 1949-1952 1946-1948 1951-1955 107.1 100.27 Nov. 107.2 Nov. 110.2 109.23 Nov. 110.2 Nov. 107.15 107.8 118.20 114.14 Nov. Treasury 3Ma... Treasury 4Mb ... Treasury 3 Ms Treasury 3Ms Treasury 3Ms--_ Treasury 3Ha - Treasury 3Ms reactionary behavior of the stock market in the after of the month part a Government Bonds Treasury 3 Ha. two weeks. The obligations and domestic corporate and foreign government a tendency to softness in the last a ernment following table we show, as usual, the fluctuations States Gov¬ United relatively slow pace in November, but, even so, the paltry total of $4,419,000 affords striking evidence of the declining importance of the New York Stock Exchange as a market-place for Govern¬ ment securities. High- and medium-grade corporate bond issues were disposed to firmness during the first third of the month, and they contrived to close higher for the month was In the Treasury 3 Ms Treasury 3Ms Treasury 3s Treasury 3s — Treasury 2Ms-.-.-—1955-1960 Treasury 2Mb 1946-1947 1948-1951 Treasury 2Ms Nov. Nov. 114.5 105.9" 106.28 Nov. 107.16 Nov. 107.13 109.13 Nov. 109.26 Nov. 109.20 109.28 109.15 Nov. 109.29 Nov. 109.21 109.7 108.22 Nov. 109.7 108.25 108.28 108.10 Nov. 108 29 Nov. 108.12 108 Nov. 108.13 Nov. 109.26 Nov. 106.12 Nov. 107.4 104.17 103.28 Nov. 104.19 Nov. 107.3 106.24 Nov. 107.3 105.16 105.3 105.16 Nov. Nov. 106.19 Nov. 104.1 106.25 Nov. in business which began to appear last June. In the general elections on Nov. 8 the trend against the New Deal resulted Treasury 2Ms..' 1951-1954 Treasury 2Ms 1956-1959 1958-1963 103.13 102.28 in Treasury 2 Ms 1945 106.11 1948 105.7 104.26 Nov. 102.18 101.27 Nov. 102.18 Nov. 101.31 102.22 101.28 Nov. 102.22 Nov. 102.1 for the Republican forces of 11 governorships, eight senatorial seats and approximately 82 seats in the House of Representatives. On the side of business the gains were considerable. gain a Estimates were that the Board of Governors of the Federal Reserve System's index of industrial production increased to at least 100 in November from 96 in October, 90 in September, and a low of 76 last May. In the six months up to the close of November the rate of industrial activity expanded by approximately 33%—the swiftest upturn in business in a comparable period on record. The rise in November was marked by exceptionally good reports from the building industry. The Dodge reports indicated that construction contracts awarded in the first three weeks of November were 34% above the awards for the comparable period of last year. Steel output tended lower in the last it still ruled far above the figure for In fact, the rising business cycle last month crossed the declining arc of business in November, 1937, and all sorts of statistical comparisons in the field of business began to take on a more encouraging aspect. Car loadings, electric power production, cotton mill activity two weeks, but November, 1937. and automobile output were all above the level for Novem¬ ber, 1937. Market technicians recession in stock of action had were content to lay the post-election prices to the workings of the normal law They pointed out that the market Treasury 2Mb -- Treasury 2 Ms 1949-1953 1950-1952 Treasury 2Mb... Treasu y 2Mb an exceptionally swift rise following the Nov. 103.17 102.21 Nov. 103.13 Nov. 102.25 102.5 Nov. 102.28 Nov. 102.6 106.3 Nov. 106.12 Nov. 105.7 Nov. Federal Farm Mtge. Corp— ....1944-1964 107.10 100.28 Nov. 25 107.10 Nov. 1 .1944-1949 3Ms 106.17 106.9 Nov. 29 106.19 Nov. 106.4 105.26 Nov. 21 3s..... 3s 1942-1947 - 9 106.14 106.4 Nov. 1 105.27 104.29 Nov. 28 105.4 1942-1947 2Ms.--- Nov. 3 Home Owners' Loan Corp.— 1944-1952 106.17 106.9 Nov. 22 106.19 Nov. 4 100.14 1939-1949 —1942-1944 102.20 102.9 Nov. 25 102.22 Nov. 1 102.13 104.10 104 Nov. 15 104.10 Nov. 1 3s series A 2Ms series B 2Mb series G Opening Range During November, 1938 Lowest Nov. 1 1971 91 —1955 104 —1957 Belgium (Kingdom) 6 Ms 1949 Brisbane (City) 5s 1957 Canada (Dominion) 5s-.-—1952 28 Argentine external 4Mb Australia 5s of 1925Austrian (Govt .) Czechoslovak 7s 75 106 2 22M 107 M Nov. 25 100M Nov. 15 U1M Nov. 1 Nov. 106" 87M 103 M 91M Nov. Nov. UOM 29 110M Nov. Nov. 1961 8s 1941 (Rep) 7s stamped. 1949 German (Govt) Internat 5Mb 1 104 M Nov. 21 Nov. 98 98 M 2 82 M Nov. 108 M Nov. 30 108M 28M 29 M Nov. 10 Nov. 5 83 M 33M Nov. 26 24M Nov. 22 81M Nov. 25 86 65 ------ 26M Nov. SIM -.1965 1954 -.---1965 New South Wales (State) 5s .1957 Norway 4s _.._1963 Queensland (State) ext 7s—1941 Rome (City) external 6Ms--1952 stamped 63M Nov. 25 72 Nov. Nov. 10 102 Nov. M, 101M 101 102 M 66 M Opening expected that sell-off would a come. Others who follow closely than stock market charts were dis¬ posed to lay the weakness to the sudden heightening of political tension in Europe following the assassination in Paris more Nov. on 7 of Ernst vom Rath, Third Secretary of Embassy, by a 17-year-old Polish Jew, Herschel After the Secretary's death, two days later, the German Grynszpan. Germany's persecution of the Jews within its borders to rose heights, of intensity, thereby leading to reproaches Britain and the United States and a dissipation new from Great of much of the spirit of hopefulness which lingered after the^Munich settlement. for Immediately the prospects of a balanced still agitation heavier armament program in the United a developed States, and budget, already dim, were made dim. more Atch Top & S Fe gen 4s 1995 Baltimore & Ohio 1st gold 4s. 1948 Nov. 28 at 28, with the close Nov. 30 at 64%. Steel; pre¬ its highest Nov. 15 at 119% and at its lowest Nov. 28 at 114%, with the close Nov. 30 at 115. American 15M 29 M 25M Nov. Brooklyn Union Elev 5s_.—1950 77 M Chesapeake <fc Ohio 4Mb Chic & N W 4Ms series A—1949 C C C & St L 4 Mb series Erie ref & impt 5s of Nov. 40% Nov. 28, with the close Nov. 30 at 43%. Chemical & Dye dropped from 193% 21, Elec. & with the Mfg. was close Nov. 30 at 186%. Nov. 10 to 180 Westinghouse at its highest Nov. 10 at 124% and at its lowest Nov. 28 at 111, with the close Nov. 30 at 117. solidated Edison Co. of N. Y. moved down from to Nov. 29, with the close Nov. 30 at 30. In the railroad list, New York Central was at its highest Nov. 10 at 21% and at its lowest Nov. 28 at 17%, with the close 18%. Delaware & Hudson fell from 24% Nov. 16 to 20% Nov. 28, with the close Nov. 30 at 21%. Union Pacific moved down from 99% Nov. 10 to 89% Nov. 28, Nov. 9 Nov. Nov. 30 Highest Nov. 12 85 56M Nov. 12 106 M Nov. 1 52 % Nov. 16 16M Nov. 10 Nov. 14 31M 88 M Nov. 21 Nov. 10 120 Nov. 10 12 78 M 53M 104 M 49 12 M 26 M 87 lOM 1 4% 57M Nov. 60 M Nov. 14 57 M 14~" 12 14M Nov.10 12M 6 4M Nov. Nov. 6M Nov. Great Northern gen 4 Ms 1977 83 82M Nov. 9 82 M 111 Cent St L & N O 5s 1963 53 M 50M Nov. 55 M Nov. 10 51H 97 95M Nov. 97 M Nov. 22 96 M 69 65M Nov. 14M Nov. 71 Nov.12 19 Nov. 12 15" Nov. 22 78 & B.1947 Kan City Sou ref & lmpt 5s.. 1950 Mo Kan Tex cum adj 5s 1967 Internat Paper 5s ser A 18 85 Nov. 1946 75 M 74M Nov. 78M N Y C & St L 4MB series G-.1978 N Y N H & H 1st ref. 4 Ms—1967 48 M 44 51M Nov. 12 New York Central 3 Ms. N Y Ont & Western ref 4s—1992 1997 Pennsylvania RR deb 4MS--1970 Conv deb 3 Ms 1952 15 Nov. 12M Nov. Nov. 10 16 9 1 7% 82M Nov. 85 Nov. 10 83 M 83 82 Nov. 86 Nov. 16 83 79M Nov. 83 Nov. 12 80M 4 90 M 9 80 M 7 Nov. Warner Bros Pictures 6s 1939 90 M 89M Nov. 91M Nov. 1952 85 M 83 85 M Nov. 10 Nov. 83 OF BUSINESS ON THE STOCK EXCHANGE 1938 Month of 13M Nov. 83 M Western Maryland 1st 4s VOLUME 45M 1937 1935 1936 November— Stock sales—No. of shares Bond sales (par value)— Railroad and miscell— 27,922,295 $ 29,254,626 $ 57,459.775 . $ 27,359,000 9,819,000 155,868,000 172,494,000 290,695,000 301,977,000 269,974,653 381,042,190 447,446,692 336,046,435 United States Govt Total bond sales . $ 253,730,000 135,316,000 State, munlc. & foreign 50,467,182 213,556,000 34,941,000 42,198,000 130,133,000 21,316,000 4,419,000 28,995,000 19,252,000 Con¬ 34% Nov. 10 28% Nov. 30 at 11% E_.. 1977 1927--.1967 77% Nov. 117 1992 Chic Milw St P & Pac 5s A..1975 Tel. & Tel. moved up from 147% Nov. 2 to 150 Nov. 14, with Nov. 30 at 148%. General Electric fell from 48 Allied Nov. Nov. 1960 was at 10 to Nov. 53 104 Boat & Maine 1st 5s ser A-C.1967 the close Nov. 78 M 55 106 48 M Closing Price Lowest 46M Nov. 1GM Nov. Northern Pacific 4s As to the fluctuations in individual stocks, United States Steel was at its highest Nov. 11 at 71% and at its lowest ferred, Alleghany Corp coll trust 5s .1944 Amer & Foreign Power 5s...2030 Convertible 4Mb 104 M Range During November, 1938 Nov. 1 nouncement of the Munich conference and that it was to be the news 101M Price Railroad and Industrial Bonds 26 M 64 H 101M Nov. 10 102M Nov. 103 M Nov. 25 106M Nov. 66 Nov. : 1 68 M Nov. 106M an¬ 107 M 7 32 % Japanese Govt 6Ms Nov. 30 Highest Nov. Nov. Nov. Nov. 111% German 5Ms 87M 103M 22M 106 M 10m French 7Ms stamped Closing Price Price Foreign Bonds and reaction. enjoyed 104.1 103.13 Nov. Jan. 1 to Nov. 30— Stock sales—No. of shares Bond sales (par value)— Railroad and miscell. $ $ $ > S 1,298,394,000 1,934,900,000 2,617,339,000 2,026,617,000 State, munlc. & foreign 344,932,000 223,031,000 321,724.000 308,147,000 United States Govt 653,480,000 120,831,000 337,908,000 295,509,000 Total bond sales 1,642,256,000 2,594,532,000 3,220,995,000 3,025,029,000 1936 1937 1038 Rates on Mixed Collateral 1935 value)— Foreign government - 579,000 _ - ' Nov. 2 Nov. 823,000 1 Nov. 95,301,000 1,333.000 51,266,000 1,179,000 1,494,000 29,191,000 785,000 34,233,000 Domestic 9 $ $ $ 3 .. 43,475,8(9 Stock sales—No. of shares 318,460,000 11,453,000 6,017,000 9,331,000 ... bond sales 9 and a increase in currency member bank able to establish reserve a new .. IX IX IX _. IX 1 X IX holiday currency of ascent Nov. 26 IX .. IX : :'1X IX IX IX IX "V-. IX IX IX IX IX IX IX IX IX Satur day Sun day ; -- , Nov. 28 IX IX IX IX .. IX IX IX IX IX __ IX IX .. circulation IX . RATES FOR MONEY AT NEW YORK record of Week Ended— $3,380,000,000 as 26 19 Nov. 12 Nov. Nov. Nov.o 5 Exchange: Range for week (mixed & ind. coll.).. Week's aver, (mixed & Indus, coll.) — Time loans (mixed & Industrial collat.): Dec. 3 Call loans on Stock the reserve is anticipated, position IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX IX - months x@x x@x in Trading able IX x@x %@x x@x x@x x@x X@H x@x x@x acceptances remained very quiet, bills again exceeding the small avail¬ bankers' supply by a wide margin. Outstanding acceptances, according to the monthly survey of the Acceptance Analysis Unit of the Federal Reserve Bank of New York, published 31 compared with $261,Oct. 30, 1937. Import bills further increased from $88,954,720 Sept. 30 to $94,128,626 Oct. 31, and domestic warehouse credits from $46,475,887 to $49,538,052, while export bills receded from $57,141,719 to $56,936,788, and bills based on goods stored in or shipped between foreign countries from $57,267,297 to $56,334,808. Bills held by accepting banks aggregated $223,297,326, of 14, totaled $269,561,958 Oct. Nov. 430,941 Sept. 30 and $346,246,657 amount which for bankers' Rates acceptances con¬ 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 conditions in the tinued to be view of bills totaled $129,923,874, and bills of own $93,373,452. others, funds, affairs and partly in months with the demand for short-term with the average rate on 91-day Treasury bills sinking to 0.02% as compared with 0.03% Oct. 31, and that on three- to five-year Treas¬ ury notes to 0.68% as against 0.69% during the previous month. Average yields on longer-term bonds, on the other hand, advanced slightly from 2.27% to 2.32%, partly be¬ foreign - Prime 4 to 6 rates showed further recessions, unsettled IX - days Good 4 to 6 months subsequently rose to a new high of $8,876,481,000 Nov. 30. of IX Double and single names: $7,235,000 Oct. 26 to $7,081,000 Nov. 30. Bills bought in the open market again remained virtually stationary at the negligible figure of $547,000 Nov. 30 as compared with $541,000 Oct. 26. Total member bank reserves, after reced¬ ing from $8,740,083,000 Oct. 26 to $8,546,166,000 Nov. 9, idle yx Commercial paper: $100,000,000 bill issues, in replacement of similar maturities. Discount holdings of the 12 Reserve banks declined from of 1 IX IX Six approximately $245,000,000 during the month. Government financing in November was confined to the usual,weekly overabundance 1 Five months par¬ $99,000,000, of which sum $73,800,000 $6,600,000 from Canada, $5,900,000 from Japan, $5,600,000 from Australia, $3,500,000 from India and $2,900,000 from China. Including other additions, such as large unreported acquisitions by the Treasury, purchases of newly-mined and scrap gold, and the release of foreign earmarked holdings, the gold stock of the country rose by the 1@1 1 IX Ninety from England, Reflecting 1@1 1 Four months the month aggregated money 1@1 1 IX IX Sixty days approach of the peak of temporary interruption in the demands, a excess 1@1 1@1 IX Thirty days..—-■> try's merchandise imports. should bring about a better bal¬ ance of the foreign trade position. Gold imports during market for quoted at V2% bid and 7/16% asked for bankers' acceptances as follows: "The bill market ber of months remained extremely quiet, as in a num¬ past. The continued active demand for bank¬ largely unfilled, as offerings in small. Seasonal influences resulted increase of $9,000,000 in the amount of bankers' ers' acceptances remained the market were expectation of additional large Government borrowings. Stock Exchange the call money rate remained at in previous rate of 1%. very component was a the the IX IX Nov. 29 ticularly in the event that a looked-for increase in the coun¬ the ■<r\ K: IX IX XX Holl dayIX 1X IX IX __ .. Nov. 30 IX 1X V: -; .. Nov. 27 \ IX IX IX IX .. Nov. 24 v IX Sun day ._ Nov. 23 IX • IX Satur day .. Nov. 25 and with the imminent rowing, On " ' plated mid-December financing program aggregating $1,642,000,000, of which sum $700,000,000 will represent new bor¬ CALL Low Renewal High High a further acceptances outstanding at Renewal ago, Nov. 1 1 1 1 Nov. 16... Nov. 2 U'/: IV/V 1 Nov.17... 1 Nov.18 1 Nov. 3 4 1 Nov. 5 Nov. 6 Nov. 7... l 1 Nov. Nov. ■ Nov. 11... — Nov. 15 Nov.25... — 1 . Tinfe loan : k'l1 1 at 90 Days 150 Days 180 Days 120 Days 60 Days 30 Days Bid & Ask Bid dk Ask Bid dk Ask Accept'ces Bid & Ask Bid & Ask Bid & Ask Saturday Sunday Nov.28-.- 1 Nov.29... 1 1 I Nov.30... 1 1 1 v'V collateral 1 1 ,' 1 remained 1 2 ■■ 1 of Seasonal influences, was in very limited supply and, as a result, a new low ruling rate of %% for average grade prime four to six-month paper was established, compared with the previous range of %% to %%. Especially choice material went at as low a rate as 1/£%, although less well-known names of smaller concerns brought the previous figure of %%. Under date of Nov. 16 the Federal Reserve Bank of New York an¬ Commercial paper, partly because showed a total of paper from commercial paper deal¬ $213,100,000 of open market commercial outstanding on Oct. 31, compared with $212,300,000 Sept. 30, but with $323,400,000 Oct. 31, 1937. 3— 4— — - - — . Xaht Xaht Xah, Xaht Xa71« Xa7 u Xa71« Xa7\t 9naX Xa» i« 9itaX Xa9 it Xa91« Xa7 u Xa7 it Xa71# 9uaX %a9n 5^a9ie *i taX Xa» i« Xa9it Xa7n Xa7 is Xa71« Xa.716 Xa7it Xa7 is Xo7it Sunday 6 7 ..... Xa7 xa 10 htaX Xa9 u Xa9i, Xa71« 3itiX Xa91# Xa3 it Xa7n 9i6 aX Xa9 it Xa3 it 9i»aX Xa9it Xa3!« 9i taX Xa7it Xa9 it 9i taX Xa'it Xa916 Holiday 8 9 Xa9 u Saturday 5 un¬ the nominal nounced that returns received ACCEPTANCES Secured by 1 figure of 1*4% for 90-day loans and 1^>% for loans running 180 days. With trading in securities largely curtailed during most of the month, little incentive for new accommodations existed, and transactions continued to be restricted to the renewal of older loans. changed bills, atfd Call Loans Holiday 1 Nov.27... security PRIME BANKERS' 1 i on $33,000,000 in import bills, $25,000,000 in export $16,000,000 in domestic warehouse credits." 1 1 1 rates the volume of bills outstanding at the end decline of $76,000,000, due to decreases of 1 1 ■ Nov.26... Sunday ■V.;. 1 1 Nov. 24 I Saturday 1 :\:':;'l • . I Holiday . 1 however, of October showed a Saturday . 1 Nov. 13 1 The largest 1 Sunday 1 |i Nov. 14... Nov.22.. Nov.23.. Holiday 9 1 1 Nov.19... Nov.21... I 1 1 1 Nov. 20 Sunday Nov.10... Nov. 12 . Saturday 8 Nov. ; I V "i i. 1 the end of October. rise, for the third successive month, of $5,000,000 in import bills. Domestic warehouse credits also increased an additional $3,000,000. Compared with a year v NEW YORK STOCK EXCHANGE LOAN RATES ON THE Low ers ix ix IX IX 1 yA r IX ■ ix • IX IX IX ix IX /; IX •. IX IX i x — .. Nov. 22 '.'/v. IX v:-iX IX IX — Nov. 21 of $3,304,000,000 in December, 1935, when reserve requirements were substantially lower. With the Treasury's announcement, Nov. 30, of a contem¬ cause >!■ ■ the previous peak against came ••. balances, excess reserves were high IX IX IX IX , Holl day Reserve banks other material gain in deposits of the than IX IX - Satur day Sun day — Nov. 20 during the IX IX " Nov. 19 outlook, both with regard to foreign relations and internal Although the effect of the renewed gold influx on member bank reserves was somewhat neutralized through seasonal ; - Nov. 18 conditions. substantial IX ■IX IX Nov. 17 While the large excess of merchandise exports over imports was, in part, responsible for the inward gold movement, its chief cause was undoubtedly to be found in the continued lack of confidence in the European political IX IX IX — Nov. 15 past month. the ix Holi day IX Nov. 13 inflow of foreign gold was the out¬ situation IX IX IX -- Nov. 12 NOVEMBER, 1938 in the money development standing IX Sun day Nov. 16 The continued heavy IX IX Nov. 11 761,011,000 1,084,963,000 410,815,000 331,018,000 THE MONEY MARKET DURING IX IX — Nov. 14 Total IX IX Satur day Nov. 10 732,465,000 1,058,395,000 14,816,000 16,619,000 11,752,000 11,927,000 390,031,000 6,541,000 Foreign corporate — 8 IX IX . ' .. 7 IX IX 1 X _. 6 Nov. $ $ $ Foreign government Domestic 66,021,091 120,147,697 98,338,105 $ Bond sales (par value)— -- 5 Nov. 97,457,000 53.939.00Q Jan. 1 to Nov. 30— 4 Nov. Nov. 30,535,000 35,247,000 Total bond sales Nov. IX IX IX IX IX IX IX IX IX IX .. Nov. 559,000 435,000 Foreign corporate 6 Months 5 Months 4 Months 10,947,984 13,004,919 5,302,578 5,190,958 90 Days 60 Days 30 Days Month of November— Stock sales—No. of shares LOAN RATES DAILY RECORD OF TIME EXCHANGE VOLUME OF BUSINESS ON THE CURB Bond sales (par 15 MONTHLY REVIEW Dec., 1938] ...... ..... 11 Holiday 12 Saturday Sunday 13-.14 15 ..... 16 ..... 17 ..... Xaht Xa716 Xa7n Xa7\t Xa716 Xa71« Xa7 ]« Xa7 it Xa7 u Xa71« Xa7 u Saturday Xa7.6 Xa7 >« Xa7 it Xa71# Xa71« Xa716 Xa71. XaTit Xa7 it 18— Xa7 is Xa.716 Xa7it 19 ..... 22 . ... . 23— Xa9 it Xa3 it ^a»i« Xa3,6 Xa71« 9itiX 5^a9i« Xa91# Xa71« >^a7i6 9i6 aX ^a9i« Xa9u 9i taX 5^a9i« Xa91< 9naX Xa9it Xa31« Holiday 24— — ... 26 Xa7 is Saturday Sunday 27— Xa9it 5^a9i6 Xa7n Xa716 28 29 30-..- 9UaX 9naX Sunday 20 21 25 r — - Xa7it Xa71« Xa7 is 9naX Xa7it ». taX Xa31# Xa71« X a7 is Xa7 is 9i*aX Xa3m . • 16 MONTHLY REVIEW RETURNS THE FEDERAL OF COURSE OF STERLING EXCHANGE IN NOVEMBER RESERVE BANKS- BROKERS' LOANS IN NEW YORK CITY The principal ber, has as influence the banking position in Novem¬ been the case in recent months, was often so on Sterling exchange in November was marked by extreme There appeared to be a positive flight from the unit, and London constantly parted with gold for ship¬ pressure. New Several York. factors contributed the heavy movement of ment States. flight from the pound. Commercial transactions had prac¬ tically no bearing upon the course of exchange. The outstanding cause of the adverse development was capital from Europe to the United capital and hence of gold did not the proportions attained last September during the The assume influx of German-Czech crisis. But it was sufficiently large to cause expansion of approximately $245,000,000 in the gold stock during the calendar month and an increase in the supply of an excess member bank reserves to the largest volume in history. In the four weeks from Nov. 2 to 30 the weekly banking showed an increase of $241,000,000 in the gold statistics stock to new a high at $14,312,000,000. The large receipts of gold from Europe put the Treasury's cash position to a heavy strain, and the Treasury fell back on the deposit of gold certificates with the Reserve banks to restore its cash balance. But not only the rise in the gold stock. The deposits of gold certificates with the Reserve banks amounted to week period, $73,000,000 or gold stock alone called for. the increase in the over more The $314,017,000 in the fourthan the growth in the excess of gold ctf. deposits gold stock in Oct. was $52,000,000. undeposited gold certificates in its possession the Treasury was able to confine the reduction By in thus using its cash balance with the Reserve Now the in the acquisition of immediately into the gold sums and banks to $91,962,000 paid out by the Treasury for other purposes went balances of member banks. The net increase in member bank actual reserves was $190,reserve 495,000 from Nov. 2 to 30. benefit of the sums for currency circulation and non-member counts rose The banks did not receive the they received from the Treasury, showed deposits and an increase of $82,000,000 other Federal $147,000,000, with other deposits Reserve up ac¬ $141,323,000 renewed Nazi persecu¬ middle sterling steadily declined of the month in levels lowest the Germany. Jews in After the to the to financial, business and invest¬ circles abroad because of the of tion more five than while years, the price of gold in the London open market reached the historic high record of 150s. in the official market on Saturday, Nov. 26. In the unofficial market the price went to 150s. 2d., which was also Other causes resulting a record, i \ contributory to the general uneasiness and pressure pound the on included uncertain the political outlook in Great Britain, where growing distrust of Premier Chamberlain's policy of appeasement of Germany became manifestly more unsatisfactory to the general pub¬ lic. Evidence of this feeling was seen in the results of two bi-elections in which the Conservative candidates were decisively defeated. Furthermore, the in the four weeks. full the extreme uneasiness felt in ment did the Treasury reimburse itself for the outlays on gold currently offered; it went further, as in October, and deposited gold certificates in excess of to and industrial situation in persistently unsatisfactory under¬ obviously declining, and the coun¬ business the Great Britain developed a Retail trade tone. was try's unfavorable trade balance was also a cause of anxiety. The longrcontinued loss of gold to New York caused un¬ easiness not only in \London but throughout the Continent. It became neither British nor Continental as safe, and speculation of exchange was unfavorable to that apparent hoarders regarded gold in London future the to as course In fact, a new development in hoarding ap¬ peared in the form of a demand for United States cur¬ rency rather than for gold, the object of hoarding demand the pound. and foreign central bank deposits up $6,825,000. The rise in member bank actual reserves ran ahead of the since 1931. growth in excess reserves owing to an increase in required reserves. Bank deposits were substantially increased by disturbing influence the inflow of and the United States were the chief capital from Europe and from ordinary Treas¬ ury disbursements, and hence the quantity of required re¬ serves was higher. Total excess reserves of member banks The precarious position of the French franc had a further on the pound. funds of Great Britain, France operators in the mar¬ The exchange equalization increased month, clearly implying that the absence predominance of speculative interests and of fears on the part of conservative owners surplusage to rise to of record fluctuations $160,000,000 in the four-week period, causing the a total of $3,380,000,000. The previous high was $3,304,000,000, on Dec. 11, 1935. But while ket throughout the of commercial demand and the capital were the moving factors in the wide exchange quotations. Great dissatisfaction was expressed in London and New transient the dollar volume of surplus reserves was higher on Nov. 30 than in December, 1935, the potential expansive power of York over bank credit was requirements are higher now than they were prior to August, 1936, when the series of reserve requirement increases began. The System esti¬ mates that the present volume of excess reserves can sup¬ port about $17,000,000,000 more of additional bank credit, whereas the expansion potential three years ago was more than $30,000,000,000. V The Treasury and the Reserve banks made no move to fund to counteract tor the less, since increase reserve in bank The reserves. Reserve changes being made either in the aggregate amount of securities counted held for or in member the maturity distribution. banks declined $997,000. Bills dis¬ rency The aggravation of the ease in the banking position by increased employment of bank funds. The reporting New York City banks in the four weeks to Nov. 30 of managed cur¬ policies. movements in foreign exchange, Street Journal" was led October that before the war a change of as Influenced by the sharp Thomas F. Woodlock of the "Wall in remark to little Ysc. as the sterling quotation was "flash" news the in ticker. table indicates the extent of sterling fluc¬ The following tuations during the past four months: i.. "^:V: ■ ' Range of Sterling Range in .1 Cents] Low High J; * 4.73% October.-... 4.82% September 4.85 13-16 — | . m 24 13-16 4.61 H 6 7-16 4.85 7-16 4.91 % August 14 H $4.62% $4.75 H November was to the wisdom of the tripartite agreement and the effectiveness currency Industrial advances rose $673,000, and commitments to make advances increased $1,008,000. not attended palpable failure of the exchange equalization the wide variations in exchange rates and the check criticism was outspoken as banks held their portfolio of Government securities intact, no of suffered a reduction of $88,000,000 in their total loans and investments, with loans off $6,000,000 and investments off $82,000,000. The banks in the country's principal money ranking official in the Federal Reserve Bank of New York and now Vice-Chairman of the National City Bank, said in market encountered an of commerce, crease mercial of a seasonal decline in the credit demands industry and agriculture. $16,000,000 loans of the in the New week York In spite of ended reporting an in¬ 30, com¬ declined market paper Nov. banks $9,000,000 in the four-week period. Their open was reduced by $6,000,000, but their loans to banks increased $9,000,000 and their other loans rose $4,000,000. Holdings of direct Government securities of the report¬ ing New York banks dropped $49,000,000, and their other securities lower by $46,000,000, but their Governmentguaranteed issues were up $13,000,000. Demand deposits of these banks increased $166,000,000 to the highest total on record at $6,767,000,000 on Nov. 30. Reflecting the in¬ flow of capital from abroad, foreign bank deposits increased $27,000,000. Domestic bank deposits with the New York banks were up $48,000,000. The reporting banks in 101 cities showed a $102,000,000 were reduction in total loans and investments in the three weeks from Nov. 2 to 23. Loans were $24,000,000 lower, due to $30,000,000 decrease in loans to commerce, industry and agriculture. Direct' Government issues declined $3,000,000, while Government-guaranteed issues decreased $4,000,000 and other securities $71,000,000. a New York reporting bank loans to brokers and dealers in securities declined $7,000,000 in the four weeks to Nov. 30, while loans to others for purchasing or carrying securities $3,000,000. Street loans, as compiled by the New York Stock Exchange, increased $39,213,633 during November to $619,955,270 from the Oct 31 figure of $580,741,637. On Nov. 30, 1937, these loans amounted to $687,786,579. rose Dr. W. Randolph Burgess, before address until a few months ago a high- the National Trade Convention in New York, on Oct. 31: "Currency depreciation is supposed to stimulate exports, , imports, and to stimulate trade and to raise prices to reduce through the reserves consequent which expansion. Currency sulted yet in many may increase in money value of gold about easy money and credit bring depreciation, however, has not re¬ price increases or in trade advantages which expected. "Effect on trade and price levels is felt only when one country devalues, but these influences on trade and prices have canceled or more than canceled each other in the past years because most important countries have depreci¬ ated their currencies by an equivalent amount. The result lias been a curtailment of trade because the sort of trade by currency depreciation plus erratic movements of capital have been a principal cause of the erection of trade barriers, or barter arrangements, or competition created quotas, prohibitive tariffs and exchange controls. "Further revival of enterprise and expansion of world trade will be of the dollar greatly aided when fears of the future value can be definitely set at rest and when other major currencies can be stabilized in a suitable relation to the dollar." Dr. Burgess suggested the possibility that "at the appro¬ priate time our a solution might be reached most promptly by stabilizing definitely, as the country in the strongest position, and letting other countries adjust to us. Such an possible pressure for sta¬ bilization by others, for I suspect the peoples of many coun- action might exert the strongest tries getting are little a fed with up unstable money." by Dr. Burgess could with equal propriety have been made with reference to Great Britain, for the These remarks wisdom of the suggested solution is all In equally applicable. probability it will be London and not Washington which stabilization, and if Great Britain may be expected to lead the way, despite the extraordinary volume of gold buried in the United States. The financial world was astounded when the total gold will ever resolve finally the specie payments question are of resumed This pressure held for a brief period, but quotations began to fall with comparative rapidity after Nov. 21, owing to increasing discouragement over the European political prospect, which was then dis¬ turbed by agitation for the further partition of Eastern Czechoslovakia. The pace of the decline gave rise to further circulation of rumors of an agreement between British and became subject to heavy United States passed American authorities for 3 s 3 3* e? S^^S2 IQ b T*00 b b IN b OCnCSOffiOi b CO CO b CO CO 0050500505 OOiOlO ^ b CO CO b CO CO CO CO CO COCO CO CO CD Tfi Tji T*i Tji Tp' Tp Tp Tp V TP Tp Tp on one (O 2 § SS» <3 Q ^<N NN Tjl country sucks into its « domestic economy—an absurd position! use in dreams of restoring BB8CJBB the international gold standard . offer the London in <D «© »•« CO CO CO Tfi Tp TP « Tf* C3 o « O Tji 8 B JR5RX Call money against bills con¬ tinued at %% throughout the month. Sterling cable trans¬ fers sold in New York on Nov. 1 at $4.75 3/16@$4.75 7/16, and on Nov. 30 at $4.67 1/16@$4.68 13/16. The high for sterling in November was $4.76% on Nov. 7 and the low was $4.62 11/16 Ion Nov. 26. NH COCO (N « COC£ Vi TP VI VI VI ws-Cs-b.-N<-C\.ox" jNt^Wt^ Tjl V TfJ ^ London Open Market on Gold Price Paris London Check Rate London Open Market Paris Gold Price VCC N OOffiOttffi b bbcob-coco cococo coco U51O00 CO coco vi vi vi vi vi vi vi vi vi vi vi vi vi vi vi vi v' ic VI bb CC NHOHHO Obb VCC io»ooo b b b b- b b b CO CO CO ^i e « C3 VI Vi VI Vi VI B B 8 B 8 B «qco vi vi CO CO CO vi vi s£. Id. vi Vi' Vi' vi VI e o « a C3 ^ -N DAILY RATES OF Nov. Nov. Nov. Nov. Nov. Nov. _ Checks Cables 22.69o22.69% 22.69o22.70% 22.69o22.69% 22.68o22.69% 22.69%a22.70 22.69% 022.71 22.69%a22.70 22.68%a22.70 2.62Ka2MX 2.63 2.62^a2.63 2.63tfa2.63% 2.62%a2.63% 2.62%o2.62% Nov. 18 Nov. 19 Nov. Nov Nov. 26 Nov. 27 178.72 178.69 147s. ll%d. 9d. 148s. Nov. 23. 178.75 149s. 2d. Nov. 29 Nov. 24. 178.72 1498. 9d. Nov. 30 Nov. 25. 178.67 178.88 178.71 Nov. 12 178.88 146s. 9d. Nov. 27. Nov. 28 150s. OOd. Nov. 11---- Nov. 26. Checks 4.31 o4.32% £.31^04.32% o4.34 o4.30% 022.62 22.57%a22.63 4.26%a4.29% o22.61 22.56%a.61% 4.24%a4.29 149s. 10%d. 7%d. I SUNDAY 23 Nov. 22. 5%d. I 2.62%a2.62% 2.62%a2.62% 22.57 022.58 22.57%a.58% 4.25%o4.37% a22.63 22.58%a22.64 4.23%o4.25% a2.61% 22.58 2.60%a2.61% 2.61 022.66 4.23%o4.25 a2.61 % 22.63%a22.65 22.64 2.60%a2.61% 2.61 HOLIDAY 2.59%a2.59% 2.59%a2.60% 22.74 022.79 22.74%a22.80 4.22%o4.23 022.73 4.22%o4.23 2.58»i#a .59% 22.70%a.72% 22.71 2.58%a2.59 SUNDAY o4.24% 22.71a22.72% 4.22 2.601i6a2.60% 2.60%a2.60% 22.70%a22.72 022.72 22.71%a22.73 4.22%o4.24% 2.60»i8a2.60% 2.60»i8O.61% 22.71 2.62 o2.63 22.74a22.75% 22.74%a22.76 4.24% 04.27 2.61%a2.62% 22 Nov. 21. 1468. I a2.64% 22.56 022.59 22.56%o.59% 4.25%o4.28% 2.62i«i»a.63M 22.56 22.59o22.60% 22.59%a22.61 4.26%o4.28 2.63%a2.64 22.59o22.61 04.28% 22.59%a.61% 4.27 2.63 02.64 2.62%a2.63% 22.57%o22.59 22.58022.59% 4.25%o4.28% Nov. 20 Nov.20. 1468. I SUNDAY Nov. 15 id. 178.87 I 4.30% 04.33 4.30%o4.33% 022.69 4.31%o4.33% 22.67%o.68% 22.68 SUNDAY 2.63%a2.64% 22.57 Nov. 25 Nov. 10 I FOREIGN EXCHANGE 2.63Jia2.6i Nov. 24 146s. Vi' Vl' Vi I HOLIDAY 1| 147s. lid. 178.83 I 2.64Ka2.64H 2.64%a2.64% 22.64%o22.67 22.65022.67% 4.29 Nov. 12 178.70 9 I Escudo Cables Nov. 11 Nov. 19. 3d. I 022.68 22.67%a.68% 4.30%o4.32 2.65Ha2.66 ^ 2.65®%o2.66% 22.67 022.66 4.29%o4.32% 2.64^a2.657i# 2.64%o2.65®I« 22.63%o22.65 22.64 Nov. 10 Id. 178.71 CO CO CO co co co Vl'vi vi I 022.69 22.68%a.69% 4.32 a2.667i6 2.66%a.66»ie 22.68 HOLIDAY 2.66 Nov. 1478. 8 I Portugal Nov. 178.67 Nov. I Franc Checks 178.54 l%d. 145s. ll%d. I V* lOb Switzerland 2.65^a2;65K 2.65%a2.66% 2.66 a2.66H 2.66%a2.66% 2.65Jia2.66H 2.66%a2.66% 2.66 c2.66K 2.66%a2.66% 2.66 a2.66*16 2.66%a2.667i« Nov. 178.54 7 I I 8 8 8 ^2 00 CO CO Franc Nov. 18. Nov. I Vl'vi vi 2^ —4 France Nov. 17. SUN DAY —I <3 oooooooooooooooooooooooooooooo Nov. 16. 1468. «\ t- C3 >>>>>>>>>>>>>>■>>>{>>>>■>>■>>>(>>>>' Id. SUN DAY 1468. 178.75 to Tp V 888 VI CO CO b 00 05 o HWC0Tt<l0C0b-00 05O IHHHHHHN (N(N(NCq(N(N<N<N(NCO l%d. 178.77 »o>ooo CO CO CO vi vi vi ^ VI ^23 co co co ^ ^ ccjecce cs O 2^ vi vi 05 b CO NNNNNN vi vi <2 bcqcobbcq vi vi vi vi vi vi 3%d. 178.76 B3 C3 ) 146s. 6 e 2 U> (N H OH H O vi I 146s. 5 <o vi vi vi ^ 0 01050005 178.79 4..-'- vi Tji yi C3 VI 115b CO CO CO ^.2^22S 3 s1 178.74 Nov. 13 e COCDCO »0 CO IC CO CO 3 Nov. a o> coco b b b b b I 2 Nov. ^^2 to e vi c2 1 146s. COIN vi vi vi b Nov. 147s. 10%d. 7d. 00 CO CO yyy •noonm wNArKt* VI VI VI VI VI Nov. 21 148s. Q »-K Q b b- IN Nov. 146s. T-i vi li Nov. 178.33 rfi T? ^2" 2 Nov. 17 Mean Mean London 2 2 WS 05005nOOlOiOhrl(Ni-H0nCO'^CO cococoWcpco COCDCO TfJ tt? Tf r£ y# rf! cococotococo Nov. 16 Check Rate po\b\L CO b CO CO CO CO b b b b b w Nov. AND PRICE OF GOLD IN LONDON 2sp» S yf k, vi vi vi vi vi Nov. 13 LONDONICHECK RATE ON PARIS 2^5 22 2 2^ rV IOIOIOCO>0 £21,314,000 in Octo¬ %%. b Tp TP CO CO CO V< V V 00 00 00 b- b-b- b-b— 6Q with %%, and six-months', CO CO CD CD CO CO iH O^D"* 04 ^ O ^<NM'-<00 0500 00 05 ^^^ of pre¬ £29,561,000 in September, with £34,805,000 in August, with £19,461,000 in July, and with £16,429,000 in June. The mean London check rate on Paris ranged in November between 178.35 francs to the pound (favoring Paris) and 178.88 francs (against Paris). The London open market gold price (the official price at fixing time) ranged between 145s. ll%d. on Nov. 8 and the all-time high of 150s. on Nov. 26. The gold price closed on Nov. 30 at 149s. Id. The American price for gold (Federal Reserve Bank of New York) continued at $35 an ounce. Lon¬ don open market money rates in the first week of Novem¬ ber ruled at 9/16% for two-months' bills, at 19/32% for three-months' bills, at %% for four-months' bills, and at 13/16% for six-months' bills. On Nov. 30 bill rates were as follows: Two-months', 13/16%; three- and four-months', 00 Is* #\«\k.n\ xpo vqo rTcT2 market during November amounted to £18,230,000, compared with —- CO Tp b coco 2 \p. £ V< vv<vi Virvn vi b b b bb or on CC rH ^ ^ peated." ber, 3"*-= CO lO CO CO CO TjrccCcn pH<N O05OOOrH0CC0l0'CcCi-i»HVlVlt^ VV< IO >C ID pH bb-«y b-b-COb-b-CO^COCO CO<tJ CD CO«jj CO CO CO bjNbbjN^ EX v! vi Q vi Q vi vi vi vi vi vi Q vi vi vi Q vi vi Q vi vi vi vi vi vi VI* vi Q BBBBB5 «9 Can we sup¬ anything like it, may be forgotten. "It is fairly evident," he said, "that the conditions which made that possible were impermanent, for they rested upon a transitory stage in world economy which cannot be re¬ on TP b TH <3 Tp' Tp" £ ^ X civilized order— make them little better than monetary vassals to our gold overlordship? Is anything that can be called a workmg 'international gold standard' possible in such a situation? If not, to what monetary use can we expect to put our gigantic hoards?" Mr. Woodlock said that the only thing about which he had a fairly definite feeling as to the future was that all Gold cs TP ^2 TP Tp Tp Tp Tp C « *4 3^ TH ^ pose that the outside world—assuming a will be satisfied to accept conditions which days, e JO oT H; ts. stock is at least two and one-half times the total value of all the currency that we need or can war e JO K? 10 JOv-ovoo oT r? to* TP 1-1 CT> 0005 OS 00 b CO CO CO CO CO b ip v ■*p " "Our present our 5 CO CO CO Xr. * <N CO b yfi yfi rfi Tti Tt< « o « e « 2£ ^ £ T}lTjl>OlOU5 NNNSN ^ O huge proportion of the World's gold stocks, active use? » tJI lO b CON COCO 00 W "3 CO CO CO ~ « sits it, and virtually asphyxiates it by withdrawing it from a £2 £w22£.-2 £ "But what is the result when 30) page on •cp U5 U5 1/5 W5 b- b bbb of Oct. 28: coffers lower sterling rate, despite the a (Continued the Total gold stocks on Nov. 30 were $14,312,000,000. Commenting on the vast increase in gold holdings, Thomas F. Woodlock wrote in the "Wall Street Journal" selling pressure. pound to a level of $4.70, which was carried the $12,000,000,000 mark in May, 1937, and the passing of the $13,000,000,000 mark was widely commented upon in all financial centers. The country's gold holdings passed the $14,000,000,000 level on Oct. 19 and are now well on the way to $15,000,000,000. the of holdings 17 MONTHLY REVIEW Dec., 1938] Nov. Nov. 13 Germany 1498. 178.52 149s. 3d. 178.30 149s. Id. Nov. 14 178.77 146s. 8d. Nov. 15 178.60 148s. 3d. Nov.30. Belga Pengo 9%d. 178.63 Nov.29. Hungary Belgium Reichsmark SUN DAY Nov.28. SUN DAY Checks Cables Checks 40.04%a40.07 40.05a40.07% 16.90al6.90% 40.04%a40.07 40.05a40.07% 16.90%a.91% 40.05a40.06% 40.05%a40.07 16.90%a.91% 40.05a40.06% 40.05%a40.07 16.91al6.91% 40.05a40.06% 40.05 %a40.07 16.90%a.91% Cables Checks 16.90%al6.91 19.64ol9.80 Nov. 1 Nov. 2 the foreign exchange situation during November the Federal Reserve Bank of New York said in Nov. 3 Nov. 4 Nov. 5 Review" for Dec. 1: "Sterling exchange was under heavy adverse pressure in foreign exchange markets during November, and quotations for the pound depreciated sharply from $4.75% on Oct. 31 to $4.62 11/16 on Nov. 26 before recovering to $4.67% on the 30th. The level of $4.62 11/16 was the lowest rate, with the exception of the brief period in the morning of Nov. 6 SUNDAY Nov. 7 19.64ol9.80 Nov. 8 40.04%a.07% 16.91al6.91% 16.91%al6.92 HOLIDAY Nov. 9 O40.07 16.90%al6.91 16.90%a.91% 19.64ol9.80 O40.06 40.05%a.06% 16.90%al6.91 16.90%a.91% HOLIDAY 19.64ol9.80 19.63ol9.80 sterling reached $4.61, since October, 1933. The price of gold in London at the fixing was bid up during the same period from 146s. %d. on Oct. 31 to a new all-time high record at 150s. on Nov. 26. "During the first third of the month the pound moved narrowly around the level of $4.76, which had been main¬ tained since shortly after the middle of October. The out¬ break of a German campaign against the Jews in retaliation for the assassination of an official in the German Embassy tn Paris tended to accentuate a feeling of pessimism regard¬ ing the general European political outlook, and the pound Nov. 16 016.92 16.91 %a.92% SUNDAY 016.91 40.02 O40.06 16.89%a.90% 16.90 40.01 %a.05% 016.92 16.91%a.92% 40.05 O40.06 40.05%a.06% 16.91 a.91% 16.91%al6.92 40.05 O40.07 16.91 40.04% a.06% 016.91 16.90%o.91% 40.04%a40.07 40.05a40.07% 16.90 16.90al6.90% 16.90%ol6.91 16.90al6.90% 16.90%a.91% 19.64ol9.80 In commenting on its "Monthly Sept. 28, when 40.04a40.07 40.04%a.06% 40.05 Nov. 10 40.05 Nov. 11 Nov. 12 Nov. 14 Nov. 15 Nov. 17 40.03%a.06% 40.04a40.07 Nov. 18 Nov. 19 Nov. 22 23 24 25 26 27 28 Mmr 29 Nov. Nov. Nov. Nov. Nov. Nov. al6.92 19.64ol9.80 16.91 016.92 19.64ol9.80 16.91%a.92% 19.64ol9.80 16.91ol6.92 19.64ol9.80 40.04a40.06% 40.04%a40.07 16.91 Nov. 13 Nov. 20 Nov. 21 16.91 40.04%a.06% 4Q.05a40.07 19.64ol9.80 19.64ol9.80 19.64ol9.80 19.64ol9.80 SUNDAY - _ 19.64ol9.80 16.90%a.91% 19.64ol9.80 40.03o40.06 40.03% a.06% 16.90al6.91 40.01a40.03 40.01 %a.03% 16.90%a.91% 16.91aI6.91% 19.64ol9.80 40.02a40.05 40.02% a.05% 16.91al6.91 % 16.91 %al6.92 19.64ol9.80 HOLIDAY 16.91al6.92 40.03%a.06% 40.04a40.07 40.04%a40.06 40.05a40.06% 16.91al6.92 SUNDAY 40.04%a40.07 40.05a40.07% 16.91al6.92 16.91 40.04% a.08% 40.04o40.08 40.05 %a.08% 16.89ol6.90 40.05a40.08 19.64ol9.80 %a.92% %o.92% 19.64ol9.80 16.91%a.92% 19.64ol9.80 16.91 16.91 16.91% 16.89%o.90% 19.64ol9.80 19.64ol9.83 MONTHLY REVIEW DAILY RATES OF FOREIGN EXCHANGE ( Netherlands Denmark Poland Krone Zloty Guilder Canada Nov. } f Cables CableS 54.41 Ha.43H 21.21a21.22H 21.21Ha21.23 54.41a54.42H 54.41 Ha.43H 21.23a21.24 21.23Ha21.25 54.41a54.42H 54.41 Ha.43H 21.23Ha21.24 21.24a2l.25 54.38Hfl54.42 54.39a54.42H 21.24a21.25 21.24Ha21.26 54.38a54.39 54.38Ha54.40 21.24a21.25 21.24Ha.25H Nov. Nov. Nov; Nov. 54.37a54.39 Nov. 1 ni«aH % discount 31.67a31.69 31.68a31.70 Nov. 2 *ht a"#4% discount 31.71a31.72 31.72a31.73 57.31 Nov. 3 discount 31.72 31.73 57.31 18.81al8.87 Nov. 4 discount 31.72a31.74 31.73a31.75 57.31 ' 18.81al8.87 Nov. 5... H% H% 28.ua<,B4% discount 31.72a31.73 31.73a31.74 57.31 - 6 ««4 a%% discount 31.71a31.75 31.72a31.76 discount 31.68a31.69 31.69a31.70 57.23 Ha»32% discount 31.60a31.65 31.61a31.66 57.15 H% discount 31.52a31.57 31.53a31.58 57.15 discount 31.40a31.49 31.41a31.50 57.15 Nov. 15. «1»4a"82% discount 31.27a31.39 31.28a31.40 57.15 Nov. 16... 18i«allie% discount 31.31a31.32 31.32a31.33 57.15 18.79al8.87 Nov. 17 31.36a31.39 31.37a31.40 57.15 Nov. 18 J98!a8564% 29S2a2782% discount 18.81al8.87 discount 31.34a31.42 31.35a31.43 57.16 18.81al8.87 Nov. 19. j732a1SJ6% discount 31.33a31.34 31.34a31.35 57.06 Ha283j% discount 31.28a31.30 31.29a31.31 57.06 HOLIDAY 18.79al8.87 Nov. 10 21.llHall.15 18.80al8.87 Nov. 12_.__.— 18.77^18.86 Nov. 14 18.77al8.84 18.78al8.87 54.33a54.39 21.lla21.14 Nov. 17 Nov. 18 Nov. 20 Nov. 13-..»«-_ SUNDAY Nov. 21 Nov. 23 Nov. 24 54.41a54.43 Nov. 26 54.42a54.44 54.41 Ha.43H 20.70a20.73 54.42 H 654.45 20.65a20.66 Nov. 21 18.80al8.87 Nov. 22 18i#a47fl4% discount 31.10a31.l6 31.11a31.17 Nov. 27 Nov. 23 Ha4». 4% discount 31.10a31.11 31.11a31.12 56.98 54.40a54.43 Nov >25 H% discount 30.92a30.96 30.93a30.97 Nov. 26 H% discount 30.85a30.87 30.86a30.88 Nov. 29 54.41a54.43 Nov. 30 54.32a54.36 ~ 20.74Ha20.78 20.76Ha.79H 54.32Ha.36H 20.88a20.91 H 20.88Ha20.92 Sweden 56.98 1 _ Nov. 2 . Nov. 3 „ Nov. 4 . Nov. 5 . Nov. 6 7 . 8 9 . _ Nov. 11 _ Nov. 12 . Nov. 18 . Nov. 19 . Nov. 20 . Nov. 22 . Nov. 23 . Nov. 24 24.36Ha24.41 23.76a23.80 Nov. 25 . _ Nov. 27 . Nov. 29 _ Nov. 30 . Bolivia Ecuador Nov. 1 Nov. 2 Nov. 3 Nov. 4 Nov. 5 Nov. Nov. 8 Nov. 5.18a5.19 3.50 5.18a5.19 3.50 5.85a5.90 5.18a5.19 3.50 5.84a5.89 5.85a5.90 5.18a5.19 3.50 5.84a5.89 5.85a5.90 5.84a5.89 5.85a5.90 5.86a5.89 5.87a5,90 5.85a5.89 5.86a5.90 . . _ . _ . Nov. 11 . Nov. 13 Nov. 15 . . Nov. 16 . Nov. 17 . Nov. 18 _ Nov. 19 . Nov. 20 . Nov. 22 . Nov. 23 _ Nov. 24 23.29Ha.33H 2.05Ha2.06 23.25Ha23.27 2.05Ha2.05H SUNDAY Nov. 25 . Nov. 26 . 23.35a23.38H 2.05 23.37Ha23.42 2.05 23.50Ha23.55 2.06 23.37a23.41 24.10Ha24.15 23.50a23.54 a2.06 7.00 3.50 7.00 7.00 5.87a5.90 5.85a5.89 5.86a5.90 5.18a5.19 5.86a5.89 5.87a5.90 5.18a5.19 3.50 7.00 5.85a5.89 5.86a5.90 5.18a5.19 3.50 7.00 5.85a5.89 5.86a5.90 5.18a5.19 3.50 7.00 5.85a5.89 5.86a5.90 5.18a5.19 3.50 7.00 5.84a5.89 5.85a5.90 5.18a5.19 3.50 7.00 5.18a5.19 SUNDAY 3.50 1, 7.00 SUNDAY 5.85a5.89 5.86a5.90 5.84a5.89 5.87a5.89 5.18a5.19 3.50 5.85a5.90 5.18a5.19 3.50 7.00 5.88a5.90 5.18a5.19 3.50 7.00 7.00 HOLIDAY 5.88a5.89 5.89a5.9C 5.87a5.89 5.88a5.90 5.18a5.19 3.50 7.00 5.18a5.19 3.50 7.00 SUNDAY . 5.87a5.89 5.88a5.90 5.18a5.19 . 5.86a5.89 5.87a5.90 5.18a5.19 3.50 7.00 . Nov. 29 a2.08 3.50 5.86a5.89 . 5.86a5.89 5.87a5.90 5.18a5.19 3.50 7.00 Nov. 28 a2.06H 'fv 3.50 5.18a5.19 . Nov. 27 23.94Ha.98H 23.34a23.38 7.00 7.00 5.18a5.19 „ Nov. 21 3.50 HOLIDAY . Nov. 14 7.00 HOLIDAY . Nov. 12 7.00 7.00 3.50 5.18a5.19 . 23.69a23.67 23.89a2J .91H 23.89Ha23.92 23.29a23.33 23.84a2c .85 H 23.84Ha23.86 23.25a23.26 5.18a5.19 7.00 > SUNDAY . Nov. 10 23.66Ha.67H 2.07Ha2.09H HOLIDAY 24.10a24.14 5.85a5.90 5.87a5.90 5.84a5.89 9 SUNDAY 23.96Ha24.00 23.97a24.01 5.84a5.89 6 24.16a24.17H 24.16Ha24.18 23.57a23.57H 23.57Ha23.58 2.07Ha2.08 24.02Ha24.04 24.03a24.05 23.43Ha23.45 23.44a23.46 2.05Ha2.07H a24.04 23.43a23.44 24.02Ha.03H 24.03 23.43 Ha.44 H 2.05Ha2.07 Checks 5.86a5.89 7 23.60Ha.62H 2.07a 2.08H 23.65Ha23.68 2.07Ha2.09 Checks . Nov. 2.06Ha2.09 Sucre Checks Cables Boliviano . 2.10 24.24Ha.27H 24.25a24.28H 23.65a23.67 24.23a24.23H 24.23Ha24.24 23.62Ha.63H 23.63a23.64 2.07Ha2.08H 24.20Ha24.22 24.21a24.22H 23.60Ha23.62 23.61a23.62H 2.06Ha2.08H 23.94a23.98 Checks 2.09Ha2.10H 2.09Ha2.10H 2.09Ha2.10H a2.11. Peso Milreis 2.09Ha2.10 a2.11 'bhlle Brazil . 2.10 SUNDAY „ Nov. 28 56.98 23.76Ha.80H 2.08Ha2.10 24.25Ha24.27 24.26a24.27H 23.66a23.67 . Nov. 26 56.98 31.15a31.23 HOLIDAY . Nov. 21 31.02a31.04 31.14a31.22 23.87Ha23.90 23.88a23.90H 2.09Ha2.11 24.40Ha24.45 24.41a24.45H 23.80 Ha23.85 23.81a23.85H 2.09Ha2.10 HOLIDAY . _ 56.98 31.01a31.03 discount 24.47 Ha24.50 24.48a24,51 Nov. 15 r 24.18a24.26 - 24.19a24.27 23.58a23.66 Nov. 16 24.20a24.22 24.20Ha24.23 23.60a23.62 Nov. 17 30.99a31.02 discount Checks SUNDAY . Nov. 14 30.98a3l.01 2832a#i«% H% Cables 24.50Ha24.55 24.51a24.55H 23.90Ha23.94 23.91a23.95 24.36a24.40 Nov. 13 discount Nov. 30 Markka Checks 24.48a24.49 24.48Ha24.50 23.87Ha.89H 23.88a23.90 24.50 Ha24.52 23.89Ha23.91 23.90a23.92 24.50Ha24.52 24.51a24.52H 23.90a23.91H 23.90Ha23.92 24.51 Ha24.53 24.52a24.53H 23.91a23.92H 23.91 Ha23.93 24.51a24.52H 24.51 Ha24.53 23.91a23.92H 23.91 Ha23.93 . Nov. 10 Ha» i«% Nov. 29 18.80al8.87 Finland 24.50a24.51 . Nov. Nov. 28 I8.80al8.87 Krone Cables SUNDAY 18.80al8.87 Norway Krona Checks Nov. 30 . 3.50 7.00 ..-1 '• Czecho¬ Uruguay Venezuela Peru Spain Japan Italy slovakia Peso Bolivar Sol Yen Peseta Dollar Lira Koruna Checks Checks Checks Checks Checks 62.52a62.80 27.70a27.72 Checks Cables Checks Nov. 5.00 5.26 Nov. 5.08 5.26 a5.26H C5.26H a5.26H a5.26H a5.26H Nov. 5.10 5.26 Nov. 5.08 5.26 Nov. 5.08 5.26 SUNDAY Nov. Nov. 5.08 Nov. 5.10 5.26 Nov. 10 5.10 5.26 Nov. 11 5.10 Nov. 13 No Nov. 15 quotations 5.26 5.08 5.26 5.10 5.26 5.08 Nov. 16 5.26 Nov. 17 5.08 5.26 Nov. 18 5.00 5.26 Nov. 19 4.98 5.26 4.98 Nov. 22 4.98 Nov. 23 4.85 Nov. 24 Nov. 25 5.07 Nov; 26 5.07H Nov. 27 5.07H 5.07H 5.07H Nov. 29 Nov. 30 Rumania Leu\ 1 2 _ _ 3 4 _ 5 7 8 Nov. . 6 Nov. 9 _ _ . Nov. 15 _ Nov. 16 . Nov. 17-„ Nov. 18 _ Nov. 19 _ 20 21 _ Nov. 23 Nov. 26 Nov. 29 Nov. 30 a5.26H a5.26H a5.26H a5.26H a5.26H a5.26H a5.26H 5.26 a5.26H 5.26 a5.26H HOLIDAY 5.26 a5.26H 5.26 a5.26H Checks ,73a.74H .73a.74H .73a.74H 1.23al.25 .73a.74 H 1.23al.25 •73a.74H 5.26 5.26 5.26 1.23al.25 1.23al.25 1.23al.25 Vv Checks .73Ha.74 1.23al.25 2.29Ha2.34 ,73a.74 1.23al.25 2.28 5.26Ha5.26H 5.26Ha5.26H 5.26Ha5.26H 5.26Ha5.26H 5.26Ha5.26H 5.26Ha5.26H 3.43 H a3.43 H 3.42Ha3.42H 3.42 a3.42H 3.41Ha3.42H 3.41 Ha3.42H 3.41%a3.42H .73a.74 1.23al.25 2.28Ha2.33 1.23al.25 2.27Ha2.34 .73a.74 1.23al.25 .73a.74 1.23al.25 .73a.74 1.23al.25 ,73a.74 1.23al.25 .73a.74 1.23al.25 2.28 73a 74 1.23al.25 2.27Ha2.33 2.27Ha2.33 2.27Ha2.33 . .73a.74 1.23al.25 ,73a.74 1.23al .25 ,73a.74 1.23al.25 2.27Ha2.32H _ .73a.74 1.23al.25 2.28 .73a.74H 1.23al.25 _ . a2.32H .73a.74 1.23al.25 .73 Ha.74 1.23al .25 2.27 Ha2.33 31.75 21.00a21.25 27.74a27.76 29.58a29»u 62.58a62.80 31.75 21.00a21.25 27.74a27.76 29.61a29H SUNDAY 8 9 62,59a62.80 31.75 21.00a21.25 62.53a62.60 31.75 21.00a21.25 Nov, 10 . Nov. 11 62.37a62.60 31.75 21.00a21.25 62.25a62.50 31.75 21.00a21.25 Nov. 13 62.00a62.50 31.75 21.00a21.12 Nov. 15 . Nov. 16 _ Nov. 17 . Nov. 18 . Nov. 19 . Nov. 20 27.63a27.70 27.56a27.63 29.50a29»n 27.45a27.56 29.43a29H 29.33a29»u 29.29o29»u 29.28a29H 29.31a29H 29.28a29H SUNDAY . . 29.61a29H 29.55a2918i« HOLIDAY - . 29.62a29H 27.70a27.73 HOLIDAY „ . 27.74a27.76 61.85a61.98 31.75 21.00a21.12 27.38a27.49 61.81a61.85 31.75 21.00a21.12 27.37a27.41 61.91a62.00 31.75 21.00a21.12 27.42a27.47 61.87a62.00 31 75 21.12 27.41a27.49 61.86a62.00 31.75 21.12 27.38a27.43 SUNDAY . 61.74a62.00 31.75 Nov. 22 61.40a61.85 31.75 21.12 27.19a27.22 29.14a297i« 61.37a61.85 31.50 21.12 27.18a27.20 29.08a29»u 61.04a61.08 "'31,50 60.90a61.09 31.50 . Nov. 23 . Nov. 24 21.12 . . Nov. 27 20 H a21.00 20 H a21.00 27.05a27.11 28.96a29»u 26.96a27.00 28.86a29«u 28.92a29H 29.04a29H 29.13a29H SUNDAY . . 61.13a61.20 31.50 61.21a61.25 31.50 20 H a21.00 20 H a21.00 27.07a27.10 _ Nov. 29 29.25a29H HOLIDAY . Nov. 26 27.33a27.38 61.30a61.52 31.50 20 H a21.00 27.25a27.32 Nov. 30„. 27.11a27.18 Philippine ; Cables .87Ha.87H Nov. 1 .87 Ha.87 H Nov. 2 .87 a. 87H .87Ha.87H Nov. 3 .87, a.87H .86Ha.87H .87Ha.87H .87 a.87H Nov. 4 Nov. 5 Nov. 6 .86Ha.87H .87Ha.87H .87 a.87H .86Ha.87 .87Ha.87H .87Ha.87H •86Ha.87 .86Ha.87H Nov. 12 .86Ha.86H .86Ha.86H .86Ha.87 .86Ha.86H .86Ha.86H .86Ha.86H ,86Ha.86H .86Ha.86H Nov. 14 Nov. 9 Nov. 13 .86 .86 a.86H a.86H .86Ha.86H .86 a.86H Nov. 15 Nov. 16 Nov. 17 Nov. 18 Nov. 19 Nov. 20 .85Ha.86H .85Ha.85H .85Ha.85H .86Ha.86H .85Ma.86 .85Ha.85H Nov. 21 .84Ha.85H .84^a.85H .85Ha.85H .85 a.85H .85 15.79al67i« 49 H _ 15.75al6iu . a.85H .85 Ha.85 H Nov. 28 .85Ha.85H .85Ha.86H .85Ha.85H .85Ha.85H Nov. 29 Nov. 30 15.78al6h« » 49 H a49.90 49H a49.90 . Checks Checks 35.50o35.52 54.54 55.30a55H 55.36a55H 35.53o35.54 54.53 55.36a55 H 35.53a35.56 54.50 55.35a55H 35.53 o35.57 54.51 35.52o35.56 54.53 ■ SUNDAY . 15.85al63i« 49H a49.90 55.28a55H 15.85al63i# 49 H a49.90 35.53a35.59 54.48 HOLIDAY _ 15.78al6.00 49H a49.90 55.25a55H 55.15a55H 15.76al6H 49H a49.90 55.00a55H „ 15.72al6H 49H a49.90 54.73a55.00 35.10a35.20 54.18 . 15.75al6ii« 49H a49.90 49 H a49.90 54.68a54.87 35.16a35.17 54.23 54.65a54.80 35.10a35.ll 49H a49.90 49H a49.90 54.75a54.95 35.15a35.18 54.70a54.85 35.11a35.13 54.48 49H a49.90 54.67a54.80 SUNDAY 35.08a35.12 54.45 49H a49.90 54.60a54.75 35.03a35.06 54.53 49H a49.90 54.30a54.45 34.83a34.86 54.54 49Hfl 49.90 54.28a54.40 34.83a34.85 54.53 . . . . _ . 15.73al67i« 15.73al6H 15.86al6H 15.79al6H . . 15.90al6H 15.93al6H 15.92al6H _ _ . / ' ■ « 54.34 • 54.46 15.86al6H 49H a49.90 54.02a54.10 34.66 54.54 15.66al6.00 49H a49.90 53.80a54.00 34.54a34.59 54.55 SUNDAY . _ 54.28 35.32o35.38 HOLIDAY . . '54,45 54.40 •; 35.43a35.45 SUNDAY . _ 35.51 HOLIDAY _ _ Nov. 26 Checks 55.25a557ig ' 49 H 49 H . Nov. 25 Checks 15.91al6H Nov. 23 Nov. 27 Guilder 15.85al68i« Nov. 22 Nov. 24 Java Rwpee _ Nov. 10 Nov. 11 India Dollar - 8 Nov. Settlements Peso _ 7 Nov. Straits Islands Checks Checks .86Ha.87H .86Ha.87H SUNDAY 2.27Ha2.33 62.62a62.80 . Shanghai HOLIDAY . - 29.57a29H 29.57a29H 29.57a29H Yuan Dollar SUNDAY _ . a2.33 27.73a27.75 . Nov. 28 SUNDAY 2.26Ma2.33 2.27Ha2.33 2.27Ha2.33 2.27Ha2.33 2.27Ha2.33 27.72a27.76 21.25 . Nov. 25 5.26Ha5.26H 3.41Ha3.42H 5.26Ha5.26H 3.4lHa3.42H HOLIDAY 1.23al.25 21.25a21.50 31.75 Nov. 21.. 5.26Ha5.26H 3.41Ha3.42H 5.26Ha5.26H 3.41 Ha3.42H 5.26Ha5.26H 3.41 %a3.42 H HOLIDAY a2.33 21.25a21.50 31.75 62.58a62.80 . Nov. 14 a5.26H 5.26Ha5.26H 3.41Ha3.42H a5.26H 5.26Ha5.26H 3.41Ha3.42H a5.26H 5.26Ha5.26H 3.41 Ha3.42 H 2.28Ha2.33 2.27Ha2.33 2.28Ha2.33 2.29Ha2.33 2.30'Ha2.33 31.50 62.58a62.80 . Nov. 12 SUNDAY .73a.74 Nov. Nov. Hongkong . Greece . _ Nov. 22 Nov. 27 7. 1 Drachma . Nov. 14 Nov. 28 Nov. Dinar . Nov. 13 Nov. 24 6 a5.26H 5.26Ha5.26H 3.43Ha3.44 .73a.74 _ Nov. 12 Nov. 25 5 Nov. Yugoslavia - . Nov. 11 Nov Nov. Lev _ Nov. 10 Nov 4 a3.44 M 3.43Ha3.44H Bulgaria Checks Nov. Nov. 3.44 SUNDAY Nov. 28 Nov. 3 SUNDAY Nov. 21 Nov. 2 Nov. a5.26H 5.26Ha5.26H 3.44 Ha3.44 H a5.26H 5.26Ha5.26H 3.43Ha3.45 5.26 Nov. 20 Nov. Nov. Nov. SUNDAY Nov. 14 Nov. Checks 3.43Ha3.44H 3.43Ha3.44 3.43 Ha3.44 HOLIDAY Nov. 12 Nov. Cables 5.26Ha5.26H 5.26Ha5.26H 5.26Ha5.26H 5.26Ha5.26H 5.26Ha5.26H 5.26 a5.26H 5.26Ha5.26H 3.44Ha3.44H HOLIDAY Nov. Nov. > 56.98 18.83al8.87 Nov. 27 54.40 Ha.43H 20.74a20.77 54.41 Ha.43H 20.76a20.79 ,i HOLIDAY 18.78al8.87 SUNDAY Nov. 28 ; 56.98 18.81al8.87 Nov. 24 20.70Ha20.74 20.65Ha20.67 V SUNDAY 18.80al8.87 HOLIDAY Nov. 25 SUNDAY »32 aH% Nov. 20 54.36a54.41H 54.37a54.42 20.93Ha20.94 20.94a20.95 54.41a54.43 54.41 Ha54.44 20.80Ha20.83 20.81a20.83H 54.40Ha.43H 54.41a54.44 20.81a20.82H 20.81 Ha20.83 Nov. 22 HOLIDAY Nov. 11 54.33Ha54.40 20.99a21.00 21.99Ha21.01 54.32 Ha54.36 54.33a54.36H 20.96Ha20.99 20.97a2fi.99H Nov. 19 i. 57.31 »ua«# 4% 8 9_. SUNDAY Nov. 15 Nov. 7 Nov. Nov. 54.00a54.09 Nov. 16 Nov. 18.81al8.87 57.31 SUNDAY Nov. Nov. 13 Nov. 14 Nov. Nov. 18.79al8.87 54.14Ha54.23 54.15a54.24 Checks 18.80al8.87 HOLIDAY Nov. 12 Cables 18.80al8.87 21.21Ha.24H 21.15Ha.18H Nov. 11 Colombia Peso Checks Checks 54.00Ha54.10 21.01Ha21.03 21.02a21.03H 54.04a54.15 54.05a54.15H 20.95a21.02H 20.96a2l.03 54.19 Ha54.23 54.20a54.24 20.96 Ha20.99 20.97a20.99H 54.34Ha54.40 54.35a54.40H 21.01a21.03 21.01Ha21.04 Nov. 10 Peso Nov. 54.37 Ha54.40 21.23Ha21.27 21.24a21.27H HOLIDAY 54.33a54.36 : .! 54.33 Ha54.37 21.21a21.24 21.15a21.18 54.27Ha54.31 54.28a54.32 Nov. Argentina . 18.80al8.87 SUNDAY Nov. > Checks 54.41a54.43 ';NOV. , Checks Dollar t ... Checks ) 15.64al6.00 49H a49.90 54.03a54.25 34.70a34.77 54.54 15.72al61n 49i»ua49.90 54.11a54.25 34.73a34.76 54.54 15.79al6H 4918i«a49.90 54.39a54»i« 34.93o35.02 54.50 ' ' . ; f ■'=■■■ Exchange New York Stock MONTHLY AND YEARLY RECORD DURING NOVEMBER 1938 RANGE OF BOND PRICES Bond Sales 1938 V Jan. 1 to Nov. 30 range Jan. 1 to Nov. 30._._ unless they are the only transactions of the month, and when selling in the month in which they occur. No account is taken of such sales in computing the disregarded in the month's range NOTICE—Cash and deferred delivery sales are outside of the regular 1937 29,254,626 381,042,190 1938 27,922,295 269,974,653 Shares. November $172,494,000 2,694,632,000 $165,868,000 .....1,642,266,000 November Stock Sales 1937 • monthly range are shown in a footnote for the year. record of the transactions on the New York Stock Exchange during 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 black-faced letters in the column headed "Interest Period" indicate in each case the month when the bonds mature. In accordance with the rule adopted by the New York Stock Exchange in 1909, all quotations for interest-paying bonds are at a price to which accrued interest must be added. The exceptions to the rule are income bonds and bonds on which The tables on 19 to 40 furnish a complete pages Nov., 1938, and the range since Jan. 1. sent one or more 32ds of Sales in a Ask Bid U S GOVERNMENT A O 116.22 Sale Registered 147:666 56:600 46:660 34:600 1944-1954 Treasury 4s D J Registered....... ....— Treasury 3Kb 1946-1956 M S Registered... — Treasury 3%s ...1940-1943 J D Registered............. — Treasury 3%s ....1941-1943 M S Registered..........— 56:600 Treasury 3%a Registered 4,000 26,000 Treasury 3%s Registered . 174:660 1943-1947 1941 141:666 126:660 202:606 1,000 551,000 1,000 90,000 116:9 ll6:29 Nov. 1 106.9 Sale 105:21 Sale" 105.9 Sale 105.8 Nov. 15 105.22 Nov. 2 107"" Sale" 107.1 106.27 O J D Sale" Sale 109.25 110 107713 Sale" 107.15 Sale 110.8 Mar. 113.18 Oct. 112.27 Sept. 106.27 June Sept. 106.14 May 9 106.16 Sept. 108.2 June 2 Feb. 107.5 Mar. 21 Jan. 110.25 June 17 109:26 Sale" Nov. 1 Nov. 12 107.15 Jan. 110.22 June 18 Nov. 1 106.26 Sept. 108.14 June Apr. 107.5 Apr. 6 107.2 Jan. 110.5 June 8 107.14 Feb. 110.3 June 16 1 107.4 107.3 Sale 109.20 Sale 109.13 Nov. 16 109.26 Nov. Nov. 12 109.16 Nov. 12 105.22 Sale 108.28 Sale Nov. 18 109.22 108.22 Nov. 17 109.7 Nov. 108.12 108.20 108.10 Nov. 18 108.28 ; 1 107 Jan. 110.3 June 10 7 106.30 Jan. 109.31 June 22 Nov. Nov. 16 109.29 109.17 108.25 Sale Nov. 1 105.27 Apr. 109.10 Oct. 26 Sept. 109.3 Oct. 29 105.19 Jan. 108.31 Oct. 105.20 105.28 Sale 109.15 109.21 Sale Sale" 109:7 Jan. 105.20 Jan. 3 105.2 Apr. 108.15 Oct. 26 103.26 Apr. 107.7 Oct. 15 Nov. 1 105.20 Sale 10873" 108712 Sale" 108716 Sale 104.4 101.30 Sale 107.4 106.19 Sale 107.8 104717 Sale"' 10471 Sale" 101.24 Sale 103.26 Sale Nov. 25 108.13 Nov. 1 106.12 Nov. 28 107.4 Nov. 2 106.18 105.10 Sale Nov. 14 106.18 Nov. 14 103.28 Nov. 29 104.19 Nov. 108 !'- Mar. 107.2 Oct. Apr. 104.21 Oct. 17 al03.27 Nov. 29 al03.27 Nov. 29 Nov. 1 106.24 Nov. 15 107.3 101.24 Jan. 104.13 Oct. 11 105.10 105.3 Nov. 18 105.16 Nov. 1 104.3 103713 Nov. 28 104.1 Nov. 9 103713 Sale 102.25 Sale 102.21 Nov. 28 103.13 Nov. 1 102.28 Sale 102.6 Sale 10275" Nov 7 28 102.28 Nov. I 106711 Sale" 106.2 106.10 106.3 Nov. 18 106.12 Nov. 1 105.7 104.27 105.5 D 104.10 103.17 Sale 1948 107.4 Oct. 106.24 Oct., 11 Apr. 105.17 Oct. 27 100.26 Apr. 1 104.7 May 17 102.31 Oct. 27 100.14 Apr. 2 103.17 Oct. Mar. 21 101.6 Sept. 28 102.29 100.6 101.2 102.17 Sale Sale 102718 Sale" 103.31 Sale 102722 Sale" 99.23 Sale 10271 Sale" 10472b Nov. 16 105.7 Nov. "i 101.27 Nov. 28 102.18 Nov. 1 102 M S Nov. 15 102 Nov. 15 101.28 Nov. 28 102.22 Nov. 1 Sept. 23 101.2 102.14 Jan. 101 4 106.12 Mar. 31 105.7 28 107.10 107.10 Sale 106.29 107 106.28 Nov. 25 107.10 Nov. 1 103.28 Jan. 106.17 Sale 106.14 Sale 106.9 Nov. 29 106.19 Nov. 9 103.4 105 106.22 Apr. Sept. 18 106.1 1 103.22 Jan. 104.16 Mar. "7:660 2Kb I.. Registered 1942-1947 ... MN 1939-1949 2Kb Series G F A 1942-1944 FOREIGN GOVT & MUNICIPALS Agricultural Mtge Bank (Colombia)— ♦Gtd sink fund 6s 1947 15,000 ♦Gtd sink fund 6s .1948 19,000 16,000 Akershus (Kingd of Norway) 4s._1968 52,000 ♦Antioquia (Dept of) Col 7s A—1945 ♦External s f 7s series B 1945 49,000 ♦External s f 7s series C .".— 1945 14,000 ♦External s f 7s series D 1945 54,000 ♦7sTst series 1957 46,000 ♦7s 2d series .1957 62,000 ♦7s 3d series 1957 58,000 1958 37,000 Antwerp (City) extl loan 5s Argentine Nation (Govt of)— Sinking fund external 4%s....1971 336,000 S f external conv loan 4s. Feb 1972 635,000 S f extl (Conv loan 4s..—— Apr 1972 429,000 . 30 Nov. 103.25 Sale 106.14 Sale 106.9 MN A A O 96 % 88 % 88 % Sale 8ale Sale 2 103.9 Apr. 11 106.23 May Apr. 3 105.20 May 17 4 103.13 Mar. 25 102.17 Apr. 22 101.5 Apr, 1 104.15 Nov. 25 102.22 25% Sale 25 .— F June 4 Nov, 15 ■ 19 Nov. 104 ' Oct; Nov. 22 106.19 102.9 5 Sept. 13 101.29 106.17 Sale 10477" 5 ' 98 % 18 8 105.18 5 105.11 Apr. 102.13 Sale 6K 6% 6K 26 June 21 102.13 104.10 Sale 5 Oct. July 27 106.18 3 102.20 Sale 8 Oct. 21 Nov. Sale" 11* 22 27 Nov. 28 105.4 161725 Sale" 10176 15 Nov. 15 105.9 104.29 105.15 104.29 ... 2Kb Series B... Registered. .......... For footnotes see page Nov. 21 106.4 Corp— 3s Series A_. Registered 105.26 104729 105".i0 MS 1944-1952 Home Owners Mtge 105.27 Sale 27 Oot. Oct. Apr. 103:25 Sale" Sale Sept. 23 1 Nov. 14 102 Sept. 28 102.23 99.25 103.10 104 106.4 26 Oct. 100.4 M S 16373b Sale" 26 Mar. 21 Oct. Jan. MN 1942-1947 May 17 4 102.20 99.18 ...1944-1964 3s 27 Jan. Apr. 101.6 105716 Sale" 105.3 101.27 102.31 106.25 Sale Sale 103.25 103.25 107.3 166730 Sale" D 17 104.9 101.24 M S Sale 102.1 27 1 166731 Sale" S 2 108.9 109.21 Sale 109.28 Sale 1944-1949 21:660 May 24 8 Apr. 104.13 Nov. 14 107.16 1956-1959 3s 9- 17 Nov. 18 109.24 D Registered Treasury 2Kb ..1958-1963 J Registered................. Treasury 2^8 1945 J 3 %s_— 16- Nov. 18 110.2 M Registered 76:660 June 22 107.8 J Registered 294:606 114.17 109.23 Federal Farm Mortgage Corp— 130,000 Jan. 107.18 1951-1954 Registered ........... 1949-1953 J D 364:600 Treasury 2Kb Registered 4,000 M S 396,000 Treasury 2J4s..............1950-1952 Registered..... .....— 193:660 June 107.5 116:2 Sale" Registered 20,000 Nov. 10 Nov. 14 107.2 1948-1951 Treasury 2Kb June 107.3 106728 Sale" Sale 109.16 O Registered 126:660 Aug. 11 118.28 114.23 105.1 106.30 Sale Treasury 2Kb 119.5 Feb. Apr. 109.15 Registered 59:660 1 Nov. 19 113.14 107:4 A Treasury 2%• 447:660 Nov. Apr. 110.12 Nov. 25 114.14 116.4 Nov. 113.31 Sale 111.22 112.17 Nov. 28 119.2 114.5 112.25 107.18 Sale ..1944-1946 Treasury 2%s 85:666 Sale Prices 118.12 113.4 ... 24:660 Ask 118.20 Sale Sale 112726 A Registered. ..........— Treasury 3%s 1949-1952 J D Registered Treasury 3s 1946-1948 J D Registered Treasury 3s...... 1951-1955 M S Registered ......... ... Treasury 2%s ... 1955-1960 M S Registered ........... Treasury 2%s 1945-1947 M S Registered 237:660 Ask Bid 117.7 119.2 113.14 Sale D A 1946-1949 Highest Sale Prices 112.11 F 1943-1945 - Lowest Sale Prices 112 ............ Treasury 3%s Highest Sale Prices 114.14 Sale J —..... Registered 1,000 109,000 Treasury 3%s Registered 4,000 53,000 Treasury 3%s Bid BONDS 1947-1952 Lowest Nov. 30 Nov. 1 1938 RANGE SINCE JAN. 1 NOVEMBER Jan. 3 S 92,000 Treasury 4Mb IN PRICES Price 1| N. 7. STOCK EXCHANGE Value Quotations after decimal point repre¬ point. BONDS November bonds became effective Jan. 2,1909. This method of quoting interest is in default. 9% 9% 9% 9% IS J* 96 .. Sale 9% Sale 9% 8% 8% 8% 96 104.8 25% Sale 25% 94% Sale 8% Sale 8 :8 8 7% 7% 7% 96% 9 9% 11 Sale Sale Sale Sale 91 Sale 87% Sale 82% 82% Sale 80 Sale Sale 80% Sale 25% Nov. 10 25% Nov. 14 93 Nov. 23 7% 7% 7% 7% 6% 6% 6% 94% Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 23 25 25 25 28 25 26 4 Nov. 25% 25% 94% 9% 9% 9% 9% 8% 8% 8% 97 30 16 30 14 2 12 12 2 3 2 Nov. 30 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 87% Nov., 29 78% Nov. 23 91 % Nov. 82% Nov. Nov. 23 82% Nov. 79 1 104710" Nov." ! 1 1 1 101.9 16% Jan. 17% Jan. 93 6 6 Nov.: Jan. Jan ! Sept. 8 June 1 Nov. 30 Sept. Sept. Aug. Aug. 9 7 1 1 Nov. 12 6 Mar.; 6 Jan. Nov. 12 4% Apr. July 30 Aug. 1 Aug. 1 Feb. 25 5 Mar. J 5% Mar. J 8§% Sept.! 86% Sept. 26 78 Sept. 14 78% Sept. 14 96% Jan. 88% Jan. 88% Jan. 3 3 • 3 20 N. Sales in BONDS November I Y. STOCK External g 4 Ha of 1928 1956 M N J 91.000 ♦Austrian Govt a f 7a...........1957 J 574,000 ♦Bavaria (Free State) extl 6 %•—1945 F External External a f 6a.............-.1955 J .....1955 J ♦Brasll (U S of) external 8a.....1941 J D ♦Ext a f g 6 of 1926 1957 A O a f t%a of 1927 1957 A O 1952 J D 1957 m e ♦Cent Ry 30-year g 7a Brisbane (City) a f 5s....... ..... 130",656 21,000 19,000 20,000 11,000 ♦Stamped _ 188,660 4,000 57,000 5,000 163,000 10,000 74,000 2,000 27,000 47",000 75,666 15,000 66,000 85 2,000 107,000 1,000 1942 MN ♦External sinking fund g 6a ♦6a assented I960 A O Sale Sale 53 Sale Sale Sale Sale f gold 6a I 14% 20% Sale 11% Sale 20% Nov. 29 12 Sale 12 9% 98 Sale 9% 11% Sale 11 11% 98% Sale Sale 98' 65 65 57 1960 12% Sale 70 78 Sale 57% 58% 57% 60 60% Sale 40 43% 60 53% 52% 52% 54% 37% 34% IP lI6% Sal llltt 110% 102% Sale 100% Sale Sale 56 59 Sale 26 31% 26 33 Sale" 103% Sal Sal Sal 102 103% 101% 99% Sal 20 33 16% Sale A Feb 1961 ♦Ky ref extl a f g 6a.—....Jan 1961 J ♦6a assented ♦Extl a Jan 1961 f 6s Int ctfs ♦6a assented ♦Extl sinking fund 6a...... ♦6a assented 1962 M 8 1962 M ♦External sinking fund 6a ♦6a assented Nov. 22 52% Nov. 21 Nov. 21 15% Nov. 14 39% Nov. 21 41 34% Nov. 3 35 32% Nov. 17 35% 110 Nov. 1 110% 110% Nov. 29 102% Nov. 1 103% Nov. 1 101% Nov. 9 97% Nov. 15 Nov. 7 Nov. Nov. Nov. D 1957 D ♦63^8 assented 1961 .1961 f gold 6a O 1961 A Munlc Loan 7s ..I960 M S ♦Chinese Hukuang Ry 5a.......1951 J D ♦Cologne (Germany) a f OH* 1950 M 8 Sale" 16% Sa"le" 16% 17% 16% 16% 15 Sale 17 Nov, 25 Nov. 10 Nov. 16 Nov. 21 16% 14% 16% 14% 16% Nov. 1 Nov. 25 Nov. 5 Nov. 16 Nov. 2 '16% "If Sale Oct 1961 A Jan 1961 J O J A N A A "14% "15% 9.000 Czechoslovak (Rep of) extl 8a 16,000 223,000 193,000 "14% "15% 15 " Sale "14% "16"" 16'" Sale "15% "12 20 13% Sale" .319,000 Deutsche Bank Am part ctfa 6a _ 13 20% 14% 17% Sale 17% Sale 18 25 25 25 25 J- 20 86 17% Sale 103 103% 95 02% 71% — ... .....1967 J J 39,000 Finland (Rep of) external 4a....1945 M S 1953 MN 17,000 ♦Frankfort (City of) a f 6%a 38,000 Fiench Republic 7 %a stamped—1941 J D 7%s unstamped ......1941 6,000 External a f 7s stamped... —1949 j" D 13,000 ...1949 29,000 Sale 63 65% 81% 823~,66o 25,000 ♦35-year 5%s stamped .....1965 J D ♦7a unstamped.............1949 German Prov & Communal ♦(Cons Agrlc Loan) 6%s aer A.1958 J O 1964 MN 1,000 ♦Greek Govt secured 7a.._.__ ♦7s part paid.—————. 1964 3.000 ♦S f secured 6a...............1968 FA 11.000 ♦6a part paid...............1968 31.000 17,000 Haiti (Rep of) 6s aeries A........1952 1946 6.000 ♦Hamburg (State) 6a 14.000 ♦Heidelberg (City) extl a f 7%a__1950 1960 11.000 Helslngfora (City) ext 6%s Hungarian Cons Municipal Loan— 21,000 7.000 "ef.ooo ♦Secured a ♦Secured a f g 7%a f g 7a .......1945 —..1946 ♦Hungarian Land Mtge 7%a A..1961 ♦S f 7%a series B——.........1961 2,000 ♦Hungary (Kingdom of) 7%s 1944 Extended at 4%% to.. —1979 29.000 283.600 Irish Free State external 5a 1960 Italy (Kingdom) external a f 7a. 1951 62.000 Italian Cred Consortium 7s aer B1947 103.000 Italian Public Utility a f g 7a....1952 419,000 Japanese Gov extl a f 6%a—1954 673,000 Extl sinking fund 5%s 1965 19% June 22 14% Nov. 25 19 f June 23 14% Apr. 1 19% June 23 12% Mar. 28 12% Nov. 21 12% Mar. 23 18% June 23 12% Nov. 29 18% June 23 15% Nov. 3 12% Nov. 18 12% Mar. 28 18 12% Nov. 18 13 12% Nov. 18 18% June 24 1 Nov. 17 15 Nov. 3 Nov. 17 14% Nov. 10 26 25% 18 Sale Sale Mar. 29 13 Nov. 17 11% Mar. 28 85 18 Sept. 16 18% Nov. 12 18% Nov. 10 10 Mar. Mar. 20% Aug. 20% Aug. Nov. 23 65 Nov. Nov. Nov. Nov. Nov. Nov. 57% 60 58 70 81 80 Nov. 29 Nov. 22 30 25 97% Sale. 70 :95% 75 83 60 Sale Sale 10 3 14 25 18 Nov. 16 Nov. 9 Nov. 2 Nov. zl07 Nov. 103% Nov. 101 Nov. Nov. Nov. Nov. 10 103 Nov. 17 Jan. Aug. May Apr. 4 73% Nov. 30 HH Nov. 2 Nov. 5 Mar. Oct. 104% Nov. 21 101% Nov. 4 99% Nov. 3 Nov. 100 65% 50 57 65 67 65 68 50 59 65% 70 50 50 58% 60 67 59 63 20 65 34% 99% 100 107 108 21 % 102% Sale 92% 98 100 16 100 100 57 61 63 64 Nov. 65 63 Sept. Sept. Sept. 83 65 65 64 Nov. 70 7( 65 Nov. 10 64% Nov. 75 65 22 Nov. Nov. 15 98 Nov. Nov. 15% 18 97 98 106 19 107 H 106% Sale 106 Sale 21% 108% Sale 101% 112% 121 103 121 106 4 Nov. JL4 70 ..... 18 25% 21% 25% 23 65% Nov. 10 65 Nov. 66 Nov. 29 2 Sale 26 20 Sale 26 31% 24 27 32% Sale 27% 28% Sale 26% 25 30 19% 20 26 19 87% 22 19 18 18 21 80 26 105 17% 17% 18 19% 105 Sale July Mar. 65% Oct. 65% Oct. 66 13 1 26 27 Nov. 29 55% June 65% Nov. 23 Nov. 22 Nov. Jan. Feb. 65 4 51 19 22 Apr. 12 16 Nov. 2 15 100 Nov. 7 95 104 19 99 93 104 Nov. 18 30 Mar, 5 Mar. 26 100% Mar. 9 Mar. 18 108% Jan. 24 Jan. 29 23 Nov. 9 Mar. 30 108% Mar. 11 7 4 105% Nov. 106% Nov. 30 20 106 103 113 108% Nov. 30 103% Nov. 26 121 Nov. 25 Nov. Nov. 23 Nov. Nov. 9 Nov. 24% Nov. 22 29% Nov. 10 21 24 Nov. 21 26% Nov. 22 25% Nov. 15 29% 33% 24% 27% Nov. 7 34% Nov. 28 Nov. 7 5 26% Nov. 21 29% Nov. 18 27% Nov. 3 29% Nov. 18 25 Nov. 22 26% Nov. 15 25 27% Nov. 7 23 21% Nov. 29 23 4 84 83% Nov. 84% Nov. 14 20 18 20 103% 104% 103 11% 9% 19 23% 19% 19% 59 14% 12% 2 Nov. 2 22 Nov. 22 20 Nov. 26 105 13% Nov. 15 12% Nov. 21 13% Nov. 15 14 14 Nov. 22 Nov. Nov. 5 Nov. 12 Nov. 1 Nov. Nov. Nov. 4 14 45 2 40% Nov. 78% Nov. 1 79 2 81% Nov. 81% Nov. 64% Nov. 86 Nov. 72 Nov. 45 113 80 75 62 77 100 67 Nov. 35% Nov. 57% 17 24 65% Nov. 23 21% 29% 29 ... June June June Jan. 55 24 Jan. 31 15 107 Nov. 16 15 110% Feb. 15 18 102 Mar. 30 25 62% July 21 Feb. 4 24 106 9 Feb. 15 23 104 Jan. 24 13 105 Jan. 25 28 106% Feb. 14 Feb. 2 28 104 Feb. 25 28 102 Jan. 55 55 56 Jan. Jan. 7 May 2 103% Nov. 26 Apr. 4 121 Nov. 25 99% Jan. 24 107 Oct. 11 16% Sept. 28 16% Sept. 27 July 5 23% Sept. 28 20 Sept. 29 29% Oct. 26 ! 1 Nov. Nov. 101% 113 Sale 79 80 78 60 67 Sale 64% Sale Sale 79 Sale 81% Sale 65 Sale 80 78 59 Sale 80 Sale 83% Sale 64% Sale Nov. 58% Nov. 30 81% Nov. 25 63% Nov. 25 Oct. 3 23 30% 22 90 65 20 ..... 80 64% Oct. 25 2 7 103% 26% Sale 22% Sale Jan. June Oct. 9 9 9 Nov. 18 26 Nov. 18 25% Nov. 12 101% Mar. 7 100% Mar. 3 May 21 16, 30 26 83% Sept. Sept. 55 Sept. 43 Apr. 80 July Nov. 14 Nov. 3 83 60% Nov. 30 Nov. Oct. 17% Jan. 16% Jan. Nov. 14 Nov. Nov. Sale Sale 75 26 Nov. 18 Nov. 18 25% Nov. 12 98% Nov. 9 Nov. 29 20 104% 104% Sale Sale 100% Sale Sale 99% Sale 75 26 Nov. Sale Sale Sale Sale 77 65 64 25 Nov. 17 22% Nov. 12 16 Sale" 66% 50 13 June 23 15% Nov. 23 25% 25% 25% 97% 93% 65% 19% 20% .06% Sale al07% 103% 100% Sale 60% 103 100% Sale 73% 85% 75 101% 99% Sale 13 16% June 23 May 3 22% Nov. 12 Bka— 20,000 23 June 22 15% Nov. 22 19% June 23 14% Nov. 17 19% 14% Nov. 16 19% June 24 18 20 104 Sale 99% 102 ♦5%s unstamped...—......1965 ♦5%e stpd (Canadian holder)—1965 ♦German Republic 7s stamped..1949 A O 1 28 15% Nov. 1 12% Nov. 29 15% Nov. 1 German Gov't International— 1,187,000 Mar. 23 I 1 14% Nov. 16 15 Apr. 1 1932 4,000 5%s 2d series...... 1969 A O 2,000 2,000 ♦Dresden (City) extl a f 7s 1945 MN El Salvador (Rep) lat a f 8a A...1948 J J ♦Certificates of deposit....... 15.000 7a unstamped 15 9 16% Nov. ..... 25 97; 943 101 1940 A O 15.000 Estonia (Republic) 7a Sale" 105 105 Customs Adm 5%s 2a ser...... 1961 M S 5%s 1st series ........ 1969 A O 5%a Sale 23% 99% Sale 97% 97% 52% 54 53% Sale 75 50 2d series sinking fund 14% Nov. 25 5 16 20% Nov. 19 17 22 M S ♦♦Stamped extd to Sept 11935 19,000 Dominican Republics f 5%s.. 1942 M 8 1st ser SH9 of 1926 3,000 1940 A O ~<f,666 Mar. 28 Mar. 23 16 1 12 16% Nov. 19 13% Nov. 40 21% 12% 1951 A O Sink fd 8a aer B 1952 A O Denmark 29-yr external gold 6a .1942 External g 5%a 1955 External g 4%a 1962 A O 15 15 20 14% Nov. 3 12% Nov. 18 14% Nov. 3 16% Sale J 26.000 ♦Costa Rica (Rep of) 7a.........1951 MN 11,000 Cuba (Rep of) 5a of 1964 1944 M 8 1,000 5s ext debt Ser A of 1914 1949 F A 5,000 4%s external loan 1949 F A 402,000 4^8 external debt 1977 J D 30,000 J 39-year a f 5%« 1953 J ♦Public Works 5%a 168,000 June 30 1945 J D 5 8 15 14% Nov. 2 12% Nov. 21 14% Nov. 14 16%. 'If" Sale 1946 MN D 11 7 10 7 7 13 16% "14% "15% ...1947 A O 20.000 ♦Sinking fund 7s of 1927 1947 F 133,000 Copenhagen external 5a........1952 J 143,000 Gold 4 Ha 1953 M 14,000 ♦♦Cordoba (City) 7a 1957 F ♦♦7a stamped..—.......—1957 F 6,000 20,000 Cordoba (Prov) Argen 7a........1942 J 17 32% Jan. 17 Sept. 28 110% Nov. 06 Sept. 28 113% Jan. 98 Mar. 18 103% Nov. 98% Sept. 28 104% Aug. 97% Mar. 18 102% Aug. 92% Mar. 18 99% Aug. 16% Sept. 20 62% Feb. 29% Sept. 17 38 Mar. 27% Sept. 14 32% Sept. 27 Sept. 1 a27 Sept. 26 Sept. 26 32% Sept. 18 Sept. 28 26% July 14% Mar. 25 19% June 14% Nov. 17 16% 9 Colombia (Republic of)— ♦6s of 1928. 306,000 219,000 ♦Extl 8 f g 68... 12,000 ♦Colombia Mtge Bank 6%a 39,000 ♦Sinking fund 7s of 1926 3 Sept. 27 17 Nov. 3 14% Nov. 17 Sale 1962 MN — Jan. 50 14% Apr. 1 14% Nov. 28 O ♦Guaranteed sinking fund 6a..1962 M N 53 36% Oct. 35% Jan. 64 Apr. 23 49% Sept. 26 47 Sept. 27 52% Nov. 11 16% Nov. __ D ♦68 assented 8 28 16% Nov. 5 15% Nov. 22 "If" "16% Sale' Jan. Feb. Jan. Jan. Jan. Jan. Jan. Jan. 16% 14% 16% 14% 16% 14% 16% 14% 16% 16% 10 10 7 Mar. 15 Jan. 12 Aug. 30 78% 79% 70% 70% 70% 72% 16% Nov. 10 "17% Jan. Jan. Jan. 85 Nov. 25 16% 18 28 18 17 21 Mar. 14 Jan. Il 23 7% Sept. 28 3 5 Nov. Nov. Nov. Nov. Nov. Jan. 15 Feb. 4 Feb. 18 78% May 9 Sale 4 64 31% Nov. 16% Sale Feb. Mar. 8 Jan. 13 .03 Nov. Nov. Nov. Nov. Nov. Nov. Nov. 3 2 31% Jan. 25 Nov. 12 Nov. 12 Nov. 12 Nov. > Feb. Feb. Aug. 26 36% June 17 "65"'N"o"v."I§ 57% 57% 57% 60% 23 _ 1963 MN ♦Guar af gold 6%*—..........1961 ♦6a assented 11% Nov. 11% Nov. 00% Nov. 31% Nov. D a 51% Nov. 18 Nov. 29 8% Sept. 26 19% 8% Sept. 26 19% 9% Sept. 27 19% 95 Sept. 29 102 95 Apr. 101% 98 Mar. 31 103 1 100 Nov. 3 102% Nov. Nov. 25 55 12 S ..1963 MN ♦Chile Mtge Bank of gu a f 6%• .1957 J ♦Guaranteed jiL... 17% Sept. 30 23 Sept. 28 108 96% Sept. 28 107% 105 Sept. 28 115% 18 Sept.17 23% 18 Sept; 29 24 98 29% Nov. 28 16% "16% "17% Nov. 29 Nov. Nov. 22% Nov. Nov. Nov. 1 Nov. 53 2 9 Nov. 25 IP IP J Sept 1961 M S Sept 1961 M S Nov. Sale Prices 88 Sept. 26 106% 87% Sept. 28 106% 85% Sept. 28 102% 17 Sept. 26 105% 20% Nov. 29 32% Nov. 3 29% Nov. 22 A a assented Nov. Nov. 64 Sale 54% 55 56 40 110% 29 23 Nov. 12% Nov. 29 106 78 60 O ..Feb 1961 ♦6a Sale 98 98 102% 102 102% 101 14% Sale 85% 106 Nov. 29 9% Nov. 26 9% Nov. 25 9% Nov. 26 100 100 Sale L02 Sale Sale 20% Sale 101% Nov. 12 107 103% Nov. 3 105 113 Nov. 2 115 20 Nov. 25 22 22 20 Sale Sale 95 16% m Sale 33 108% 112% 100% 100% 99% 36 22% Sale 22% Sale 107% Sale 20%, 21% 19 Sale Nov. 12 Highest Sale Prices Sale Prices 104% Nov. 21 105 1 Lowest Sale Prices 1942 MP — 81,000 ♦Chilean "8,666 69% 69% 69% 72% .....1960 ♦6%s assented 58".666 99% Sale Sale ♦Chile Republic exta f g 7s.._. ♦7s assented ♦External 19 Sale 106 —...—.I960 A O ♦6a Oct coupon on... 18% 99% 99% 70 70 —...... 50"666 Sale Sale 80 30-year 3a 1967 21,000 •Carlsbad (City) a f 8a 1954 22,000 ♦Cent Agrlc Bank (Gar) 7a... 1950 M S J 45,000 ♦Farm Loan a f 6a —I960 J ♦6a July coupon on——..—.I960 f 6a 23% 22% 601,000 a Sale 20% Sale 21% Sale 99 Sale 100 106% Sale 103% 104 112% 115 104% Sale 'it* 104 Sale 1Q 22 Sale S — RANGE SINCE JAN. Highest 103% Nov. 28 103% Nov. 28 99% Nov. 25 22% Nov. 28 21 Nov. 15 106% Nov. 1 103% Sale Sale 28 Sale A D - ♦Farm loan 106 J J ♦Secured a f 7a 11,000 ..—..1967 J 13,000 ♦Stabilization loan 7%t——1968 M N 162,000 Canada (Dom) Gold 4a..—.....1960 A O 276,000 30-year gold 5a............—1952 M N 137,000 10-year 2%a..„———Aug 15 1945 F A 217,000 25-year 3%•— ...........1961 61,000 7-year 2%« 1944 104,666 Sale ill* 102% ♦6%i stamped ........1961 F A Readjustment 4%-4%«——1977 M 8 Refunding a f 4%-4%« 1976 F A Extl readjust 4^s-4|^a 1976 A O Extl a f 4%-4% 9 bonds 1975 MN 3% external a f 9 bonds....... 1984 J J Bulgaria (Kingdom of)— NOVEMBER Lowest Ask Ask Bid 104 A M Bid 103% Sale 100% Sale D ................ . Ask 105 f6a 1961 M S ♦Buenos Alrae(Prov)ref.ext'l a IN Nov. 30 104% Sale F J-..1958 Nov. 1 104 —.1950 J Sinking fund gold 5s 20-year a f 6a........... 73,000 ♦Budapest (City of) 6a..........1962 "3", 666 J ♦Berlin (Germany) a f 4%t ..1950 A O ♦External sinking fund 6a.....1958 J D ♦Extl Bid D f 7a a 1938 A Belgium 25 year external (Hi—1949 M S PRICES Jan. 3 Nft, % Foreign Government (Couiiuuet) J 315,000 Australia 5s of 1925 July 15 1955 J 228,000 External loan 5a of 1927......-1957 M S 53,000 56,000 53,000 57,000 24,000 42,000 217,000 218,000 192.000 81,000 30,000 44,000 13,000 Price if Y. SJTOCK EXCHANGE N. Value EXCHANGE—BONDS 23 July 38% Oct. 28% Oct. 5 3 1 24% Mar. 29%. Nov. 19 Sept. 22% Apr. 19% Mar. 29 33 Sept. 13 29 27 Jan. Jan. 85 Jan. 70 Feb. July 28 30% Jan. 12 21 21 5 i8% Sept. 22% Nov., 5 16% Apr. Sept. 105% Oct. 25 102 9 Sept.17 Sept. 17 Sept. 23 9 Sept. 29 37 4 May 2 32 10 Apr. 9 112 ay 25 54 12 Sept. 26 9 63% Sept. 29 43 10 Sept. 27 5 61% Aug. 3 44 5 Aug. 3 9 j>X 20 19 Oct. 21 Jan. 28 18% Jan. 11 18 14 Jan. 25 Nov. 9 Feb. 16 Aug. 1 Mar. 30 19 81% Nov. 9 65% Jan. 12 86 Nov. 5 72 Nov. 5 'hi* Jan. N. Y. STOCK DEC., 1938] Sales in Value fi-S BONDS November N. 7. STOCK EXCHANGE 68,000 1,000 ♦Aaaenting 5a large............... 62", 5o6 Nov. 1 1938 Bid FOREIGN GOV'T (ConelnM) PRICES Price «'Ask 45 22 104 6 7 2% 3 ..... 2% 2% 1T1S6S 1% 6%«..1952 A O Brazil)— Milan City (Italy) ext loan ...... ♦National loan ext a M 8 M S f 6s......1961 1940 20,000 ♦Poland (Rep of) g 6s ♦8tabllls loan 7a of *27. Oct 15 1947 43,000 ♦External a f 8a..............1950 64,000 57,000 167,000 D ♦Porto Alegre (City of) 8s....... 1961 ♦Extl loan 7%« ............1966 J Prague (Greater City) 7%«...._.1952 MN ♦Prussia (Free State) ext ♦S f gold 6a... af 6)6—1951 1952 Queensland (State of) ext a f 7a.. 1941 25-year extl a f 6a Feb 15 1947 ♦Rhlne-Maln-Danube deb7s ♦Rio de Janeiro ♦Extl sec aer M S A O 8% % % 1% 3% Sale 9% Sale 9% 10% 55 55 L01 L01X 105% 106% 104% 102% 102% 102% 60 64 X 60 101X Sale Sale Sale Sale 103 Sale 104% Sale" 55% Sale 103% 1.01% 105 101 35% 9 11% 9% 9% 65% 80% 59% 10 15"" 10% 15% Sale Sale Sale Sale Sale 11 9% 10% 95% 98% 20% 21 20% Sale Sale 108 F 107% 112 24 36% A Sale Sale (City of) 8a..... 1946 A O 1953 7 Nov. 23 1% Nov. 1% Sale 1 1 1% 1% 1% F A 2% 62% 64% 8 9% 11% 8% 61 Sale 7 Sale 48 Sale 54 101% Sale 47 101 101% 101% 100%, 106 106% Sale 105% 106% Sale 105 106 Sale 103 103% 102% 102% Sale 101% 103% 20% 54% 5L% 103 19% "20% 58% Sale 53% Sale 100 102% Sale 98 8* ♦6s extl a f g .... .....1968 J D ♦7a extl loan of 1926..........1966 MN 52,000 ♦7a Municipal loan............1967 31,000 87,000 Rome (City) external a f 4Ha..-.1952 1959 12,000 ♦Roumanla (Kingdom of) 7a ♦February 1937 coupon paid 2,000 J Sale 42 Sale Sale 12 10 Sale 10% Sale 41 Sale 50% 37% * 7% Sale 7 7 Nov. 8% 8% 52% 52% Nov. Nov. Nov. O F A Sale 7% 6% 6% Sale Sale Sale Sale 9 - 7% Sale 6% Sale 6% Sale 6% Sale 67% J 66% Sale 26% 18 24 19% 1953 I ♦Saarbruecken (City) a f 6a 15 23% 22 20% 30 17 ♦8a extl secured a f .........1952 M N ♦6%« extl secured a f..........1957 M N 10 10% 9% Sale 8% 7% • 8% 7% 8 6% Sale 6% San Paulo (State of)— ♦6a extl Dollar loan........... 1968 J 10% 11% 8% Sale 8% Sale 7% 7% Sec 18% Sale 1936 J ♦♦8a extl loan of 1921 J J 29,000 55,000 ♦8s external..................1950 J 96,000 ♦7s extl Water loan........... 1956 M S 111,000 362.000 B J 1940 A O f g 7s 1945 1,000 ♦Saxon State Mtge Inat 7a... ♦SF g 6%« D*cl946 12,000 Serbs Croats fit Slovenes (Kingdom)— ♦8s secured extl..............1962 166,000 ♦7a aer B sec extl 1962 495,000 - ...... 25,000 ♦Silesia (Prov) extl sink fund 7a.l958 4 8 assented —1958 34,000 2,000 ♦Sllesian Landowners Asan 6s...1947 Sydney (City) a f g 5%«____....1455 76,000 45,000 8,000 164,000 6,000 8,000 J J 30 M N 32% Sale 29% Sale 27% Sale J D 54 37 A F A Taiwan Elec Pow ft%« 1971 J J Tokyo City loan of 1912 5a......1952 M S External a f 5%a guar.... 1961 A O ♦Uruguay (Rep) external • f 8e..l946 F A ♦Ext a f 6a... 1960 MN ♦Exter a f 6s ..1964 MN 3%-4-4%% (S bonds of 1937) .... 272,000 1979 External readjustment 58% 26 D F 33 MN 27% "31% 103% 104% 57 Sale 51% 59% Sale 53% Sale 50 Sale & 40 40 20,000 17.000 10,000 1978 1978 1984 3%« External readjustment "i",666 1952 Venetian Prov Mtg Bank 7a J 47 56 45 ilH 50 49% 53% 45 49% 55 42% Sale 44 A J J A O 44% 44% Sale 40% D F MN 14,000 ♦Vienna (City of) 6a............1952 F A 26,000 ♦Warsaw (City) external 7a......l958 4%a assented —1958 F A 12,000 91,000 Yokohama (City) extl a f 6a....—196] I D ..... 80 99% 100 58% Sale 65 60% Sale' 55 35 Nov. 15 Nov. 25 Nov. 100% Nov 94 Nov 50 Nov 48% Nov, 103 Nov. 102 5 Nov. 9 57% Nov. 16 39 Nov. 25 51% Nov. 29 38% Nov. 29 6% Nov, 25 6)4 Nov 23 Nov, 29 Nov. 1 6% Nov. 12% Nov. 12 52 6% Nov. 23 5% Nov. 23 7% 5% 5% 6% Nov. Nov. Nov. Nov. 26 29 23 22 Nov. 1 46 64 45 43 44 40% 1 2 9 8 7% 7% 68% 24% Nov. Nov. Nov. Nov. Nov. Nov. 16 Nov. 26 19% Nov. 26 16 Nov. 26 16 Nov. 29 8% Nov. 7% Nov. 26 25 25 23 23 11% Nov. 8% Nov. 8% Nov. 7% Nov. 22% Nov. 6% Nov. 26 ..... 65 44 21 37 6 8% Nov. Nov. Nov. Nov. Nov. 6% 6% 5% 18% 23 25 Nov. 19 Nov. 26 ilH Nov. 17 33 Nov. 16 102% Nov. 21 100% Nov. 51% Nov. 53% Nov. 52% Nov. 58% Nov. Nov. 43% Nov. 50 3 7 5 Nov. 15 46 Nov. 3 40% Nov. 19 42% Nov. 4 38% Nov. 29 37% Nov. 29 41% Nov. 28 41% Nov. 2 39% Nov. 23 44% Nov. 1 46 57 Nov. Nov. 39% Nov. 30 Nov. 25 65 37% Nov. 23 41 65 21 22 Nov. 30 Nov. 11 Nov. 4 34% Sale 56% Sale 34 Nov. 15 57 55 Nov. 28 35% Nov. 18 59% Nov. 3 Nov. 28 70 Sale 31 1% Sept. 28 Sept. 26 41 6% Mar. 99% 98% 98% 99% Feb. 8 Jan. 2q 3 Mar. 10 Aug. 12 Aug. 11 Aug. 14 Oct. 4 103% Sept. 6 104% Nov. 25 22 62% 57% 103% 104% Mar. June 62 May Nov. Mar. 12 Mar. 9 Jan. 4 Oct. 14 25 Sept. 28 July 12 Sept. 29 Sept. 17 9% Jan. 15 13 13 Oct. Oct. Oct. 67% Jan. 82% Jan. 62 5 Mar. 11 62% Oct. 32 V Maj. Jan 7 24 25 25 19 6 6 11% Jan. 10 7 10% Jan. 98% Feb. 14 Nov. 17 3 i04% Feb. Sept. Sept. 52 18 67 103% 107% 107% 107% 104% Sept. 18 Sept. 43% Aug. 41 Aug. 1 3% Jan. Aug. 18 Aug. 18 Jan. 10 57% Jan. 20 Mar. 86 40 8 2% Feb. 28 13 61 Mar. 96% 3% Jan. 13 Mar. Sept. 24 Nov. 12 24 18% Sept. 101% Sept. 94% Sept. Nov. 12 21 108% Jan. 109% Jan. Jan. 31 Mar 6% Nov. 23 5% Nov. 23 12 7% Nov. 26 5% Nov. 29 5% Mar. 31 6 Sept. 28 45 Sept. 28 13 19 15 Jan. 25 10% Jan. Mar. 10% Jan. 2 8 19% Nov. 26 10% Jan. 11 10% Jan. 11 73 % June 30 38 Jan. 5 16 Nov. 26 20% Sept. 14 Aug. 30 22 Nov. Nov. Sept. Nov. 14% Sept. Nov. 12 49 41 Oct. 8% 6% 6% 5% 51 Sale 1 6% Nov. 26 5% Mar. 31 Nov. 30 Sale Jan"""8 % Nov. 23 21 66 Nov. Nov. Nov. Nov. 38% 39% 38% Sale 41% 43% ~3 Mar. 29 1 6% Nov. 5% Mar. 27% 36%, 33% 32% n* T%~Oc"t?'25 7% Nov. 15 7% Nov. 12 52 Nov. 29 24 Nov. 12 Sale Sale Mar. 24 7 Nov. 30 Sale 1 1 3 2 Nov. 28 21 1% July 59% Nov. 44% Nov. 10 8 Feb. Mar. 7 7 7% Nov. 4 4 5% Nov. 21 7% Apr. " Sept. 28 Nov. Nov. Nov. 28% Nov. 41% 7 7 Oct. 18 June 20 27% Aug. 6 11 Aug. 2 2% Jan. 12 46 23 4% Mar. 104 Nov. 18 59% Nov. 54% Nov. 12 Nov. 2 Nov. 21 23 23 28 Nov. 1 Nov. 102" 104 Nov. Nov. Nov. Nov. 1 1 22 5% 10% 9% 9% Sept. 20 20% Oct. 25 24% July 28 6 Mar. 31 % Sept. 17 1% Oct. 27 Nov. Nov. 14 Sale 41% 75 21% 40 26 U* % 55 47% 55% Sale conversion........1979 MN 3%-4%-4*u% extl conv 4-4%-4%« extl readj 6% 6% 32% 3%-4-4%% (8 bonds of 1937) External 3 2 Nov. 101% 106% 106% 106% 103% 23% Nov. 19 25% Nov. 26 M N J 7% Sale Sale Sale 19% Sale 6% 7% 25% 25% D D Nov. 102 Nov Nov Nov Nov Nov Nov Nov 55 Sale Prices 30 38% Mar. 37 May 88 Sept. 88% Sept. 103% Mar. 24% 24% Sao Paulo (City of)— 32,000 34,000 1 Sale 106% Sale 106% 107 27% 36% 8 4 9 20% Nov, 26 Nov. 12 20% Nov, 29 24 Nov. 1 Sale 103% Nov 25 106 26 106% Nov. 105 Nov. 5 106 2 30 Nov. 2 30 Nov, 36% 22 9 Nov. Nov. Nov. 22 26% 20 Nov. Nov Nov Nov 52 60 20 7% 52 41% 1% Nov. 7 l%Nov. 7 1% Nov. 7 1% Nov. 15 50 48 54 51 49 1 9 9 7 20 Sale 1% Nov. 1% Nov. 1% Nov. Nov. 57 Sale "98"' 8% 8% 7% 7% 8 9% Nov. 1% Nov. 65 Sale 5% 10% 7 Sale 11% Sale 11% Sale 48% 52 58 52 51 45 Sale 8 D A 1 Highest Sale Prices 5 Nov. 16 Nov. 28 61 101% 101 Sale 100% Sale 105% Sale 105% Sale 104% Sale 102% Sale 101% 103% 94 Sale 6% 12 9 8 1946 A O ♦8a extl loan of 1921 80,000 9 % Nov. 21 Nov. 9 % Nov. 23 1 % Nov. 15 Rio Grande do Sul (State of)— 70,000 7 Nov ."7 Nov. 7 1% Nov. 5% 64% Sale 43% Nov. 22 % 1% Sale A O A1950 M S 6%f Nov. 23 1 ♦Sec extl a f 6%« 65,000 1958 M ♦Sec extl a f 6%s 48,000 1959 M 7,000 ♦Montevideo (City) 7a...........1952 J D ♦6a aerlea A 4,000 ......1959 MN 67,000 New South Walea ext a f g 5a...1957 F A O External a f g 5a 85,000 1958 A 111.000 Norway 20-year ext a f 6a.Aug 15 1943 A 65,000 20-year external a f 6a_ Aug 15 1944 8 Extl alnking fund 4%s 110,000 1956 O External aink fund 4><81965 173.000 A 4s a f extl loan ...1963 213.000 D Municipal Bank ext a f 5s 1970 12,000 A 49,000 ♦Nuremberg (City) external 6s.. 1952 8 105,000 Oriental Development 6s..._. 1953 External deb 5%« ....1958 MN 167,000 43,000 Oalo (City) 4%« extl sink fund..1955 A O 16,000 ♦Panama (Rep) external 5 %a 1953 J D ♦Extl a f 5a aer A May 15 1963 M N 11,000 25,000 ♦Stamped (assented)....... 1963 MN 5,000 36,000 4,000 35,000 29,000 45,000 18,000 2,000 9% 1% a % ♦Aaaenting 4a of 1910 email. ♦♦Treaa 4a of *13 aaaent (large) 1933 ♦♦Small 76,000 ♦Pernambuco (State of) 7a......1947 30,000 ♦Peru (Rep) Sec a f g 7e._ 1959 ♦National loan ext a f 6a......1960 406,000 Sale Prices Sale Prices 39 Lowest 25 _ 9% % 5 Highest Lowest 21% Nov. 21 20% 25 1954 Minas Geraes (State of, 354,000 Ask 45 38 •Aaaenting 5a email........... ♦4a of 1904.. JAN. RANGE SINCE NOVEMBER Nov. 30 Ask Bid Bid 42% ♦Aaaenting 4a of 1904... 1954 ♦Aaaenting 4a of 1910 largo....... 30,000 160,000 10,000 IN Jan. 3 Nft, 28,000 ♦Jugoslavia (State Mtge Bk) 7»„1957 A O 7,000 ♦Leipzig (City) external a I g 7a. 1947 F A ♦Lower Auatrla (Pror) 7Ha......l950 J D 1954 J D 62.005 ♦Medellln (Colombia) 6 He 4,000 ♦Mexican Irrlg Aaaenting a f 4 Ha 1943 MN ♦Mexico(U S)external 5a of 18994 1945 Q J ♦Aaaenting 5a of 1899..........1945 is", 56o 21 EXCHANGE-BONDS 26 25 26 23 28 Aug. 26 11% Jan. 10% Jan. 7 11 17 May 9 13% Jan. 10 13 Jan. 7 11% Jan. 4 47% Jan. 4 23% Sept. 13 26% Sept. 26% Sept. 20 35 23 Feb. 18 May 20 34% May 20 60% Jan. 18 Sept. 15% Sept. Sept. 33% Nov. 26 25 35 Nov. 17 33 Feb. June 16 3 104% Feb. Sept. Mar. 11 60 41 Aug. 52% Nov. 7 37 Sept. 23 42 Aug. 10 60% Mar. 10 54% Jan. 19 41 Mar. 31 Jan. 10 54 38% Apr. 8 53% Jan. 40% Apr. 90 37% Apr. 20 53 38% Nov. 37% Nov. 38 Apr. 38 July 50% Sept. 43% Oct. 43% Oct. 50 Jan. Mar. 42% Feb. 8 7 5 2 11 69% June 14 18 June 100 Jan. 13 30 Sept. 62 Jan. 6 34 Nov. 35% Nov. 18 Feb. 25 65 43% Aug. RAILROAD AND INDUSTRIAL COMPANIES. 68,000 ♦(♦Abitlbl Pow & Paper 1st 5s 1953 88,000 Adams Express coll tr g 4s. .....1948 55,000 Collateral trust 4a of 1907 1947 22,000 4%s stamped.................1946 29,000 Adriatic Elec Co external 7s.....1952 66% 61 62% 99% 101% Sale 99% 101% 100% 101% 100 105% 105% Sale 105% 64 "79"" z70 78% 66 104% 105% 103% 102% 102% Sale" 103 35 35 40 33 35% 50 38% 35 38% 35 77 73% 71,% 73% 70% Sale 78% 80 78% 68 D 100 8 J D F A A O J D 1943 J D First cons 4s series B 1943 A O Albany Perfrated Wrap Paper 6s. 1948 6s with warrants assented....1948 AO Albany &Susq 1st guar 3Ha. ...1946 F A Allegheny Corp coll tr conv 6a..1944 J D Collateral and convertible 5a..1949 A O ♦Collateral 5c convertible 5s... 1950 A O ♦5s stamped..........J.....1950 A O Allegh fit West 1st g gu 4a 1998 M 8 Alleg Valley gen gu 4a .....1942 A O Allied Stores Corp deb 4)4*——1950 Ala Gt Sou 1st cons 5s aer A 56,666 i M 16,000 1,000 7,000 252,000 154,000 30,000 914.000 3,000 62,000 50,000 45,000 4%b debentures 438,000 Allls-Chalmers Mfg conv ... ........1951 4a...... 1952 F 69% M 44 60 104% Sale 97 95% 94% Sale 111% Sale 98 103 56% Sale 96 99 103% Sale 95 Sale 28* 55 Sale 69 43 Sale 50 Nov, 5 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 104% 103 96% Nov. 98% Sale Sale 93% Nov. 94 Sale 109 73% Nov. 12 Sale Sale 37% Mar. 31 & 86 94 58 100 104 110 9 Nov. 35% Nov. 45 Nov. 1 102 Nov. 26 3 101% Nov. 21 1 L06% Nov. 12 Nov, Nov. Nov. 103% 38% 38% 74% Nov. 7 Nov. 10 Nov. 9 Nov. 10 Nov. 12 45 76%. Nov. 14 44 50% Nov. 14 41% Nov. 14 25 47 Nov. 16 104% Nov. 2 98% Nov. 26 1 94% Nov. 112 Nov. 3 36% Nov. 26 37% Nov. 4 53 Nov. 5 56% Nov. 12 101% Nov. 22 101% Nov. 22 102% Nov. 30 104% Nov. 10 102% Sale 101 102% 99% Nov. 4 102% Nov. 22 35% 53% Sale June Sept. 26 MN 20-year alnking fund 5%t 1943 A O 3%« debentures..............1961 J D 3%« debentures.......... 1966 503,000 J J 39,000 ♦Am Type Found s. f. debs 2%-5i.l950 For footnotes, see page 30. 112% Sale 101% Sale 101% Sale 103 109 112% Sale 104% Sale 104% Sale 106% 113 112% Sale 105 Sale 104% Sale 109 115 112% Nov. 22 112% Nov. 1 104% Nov. 2 105% Nov. 10 104% Nov. 1 105% Nov. 14 Nov. 14 107 Nov. 3 116 78 Mar. 24 105 1!* Mar. 31 Mar. 30 Mar. 31 June '6 Nov. 26 Mar. Feb. 1 Nov. 23 41% Nov. 14 47 Nov. 16 Jan. 7 4 109 May 31 79 Apr. 96 Mar. 31 115 27 June w* 95 3 100 38% Mar. 30 63 95 Jan. 31 101 % 99% Mar. 31 105% 80 Apr. 1 102% 112% July 5 99% Apr. 2 99% Apr. 1 97% May 11 5 18 Nov. 12 76% Nov. 14 50% Nov. 14 Apr. 1 5 28 6 4 85 101 79 Amer Tel 5c Tel— 405,000 481,000 72% Oct. 9 102 June 20 101% Nov. 21 June 3 106% Nov. 12 95% June 17 103% Jan. Jan. 35 May 19 54 Jan. 35 May 25 57 Jan. 70 July 23 90 85 102 101 103% 100% ~W Sale 50 Sale 37% Sale A S Sale 43 M S 16,000 ♦Alpine Montan Steel 7s ...1955 M 8 253,000 Amer 5c Foreign Power deb 5s...2030 1953 J D 2,000 American Ice a f deb 5a— MN 170.000 American IG Chemical 5Ha..... 1949 J J 115,000 Amer Internet Corp conv 5Ha.. 1949 69 Sale Nov. 26 Aig. 26 Aug. g Feb. 11 July 18 Nov. 22 June 7 Nov. 22 113% Jan. 20 105% Nov. 10 105% Nov. 14 116 Nov. 14 22 N. Y. STOCK Sales in November BONDS Value N. Y. STOCK EXCHANGE EXCHANGE—BONDS PRICES Price It % mn a o Nov. I 1938 Bid 64,000 Amer Water Wk« & Elec 6* aer A. 1975 304,000 Anaconda Cop Min a f deb4H* ..1950 IN NOVEMBER RANGE SINCE JAN. 1 Jan. 3 •5 a. 94 Ask - Sale 10434 Sale Bid Lowest Highest Sale Prices Sale Prices Nov. 30 Ask Bid Ask Lowest Sale Prices Nov. 3 10634 Nov. 15 10354 100 10094 101 Nov. 3 10534 Nov. 30 106 10534 Sale 10594 Sale 100 Highest Sale Prices 84 Apr. 1 10634 Nov. 15 10294 Jan. 26 10734 Oct. 5 AnflloChllean Nitrate— 150,000 ♦Sinking fund Income deb 1967 29,000 {Ann Arbor let 0 4a July 1995 347",666 160,000 617,000 27,000 101,000 3,000 58,000 15,000 207,000 7,000 72,000 61,000 1,000 5,000 36,000 134,000 122,000 100,000 109,000 48,000 32,000 17,000 86,000 3,000 2,000 Ark & Memp Bdfta 4c Term Armour Ac Co 4s 1st M s f 4s s ser f B ser 1st 5a_1964 + 1957 j j 86 k July 1 1995 —July 1 1995 1955 1955 1960 1948 Cony ft 4s of 1910 Cony deb ftold 4H« 58",000 9,000 98,000 60,000 113,000 67,000 38,000 13,000 14,000 41,000 86,000 69,000 261,000 149,000 37,000 119,000 121,000 25",000 d Sale Sale 9634 Sale Nov. 30 9834 Nov. 15 9834 Nov. 9 104 Nov. 28 10634 Nov. 10494 Sale 92 8894 Nov. 21 9134 Nov. 9334 8734 89 Nov. 21 Nov. Sale 9034 8734 Sale 95 "92"" Sale 8734 Sale Nov. 7 9194 Nov. 3 Nov. 1 92 91 91 Sale U" IVA 1 2 3 99 10094 9834 100 100 I 106 Cal-Arlz 1st Ac ref 4He let A U 108 106 108 113 1962 1946 Atl Ac Char Air Line 1st «34« A..1944 8 J D J J 1944 July 1952 J J m s General unified 4H< series A..1964 J 1st 30-year 5s ser B Atl Coast L 1st cons 4s .....May 1 1945 10-yr coll tr 5s 82 77 Sale" 86 Sale d 67 Sale M N 81 8134 87 "9334 85 Sale 67 78 Sale mn 66 Sale 1948 J J 6994 3194 J J irA Sale 1948 Sale 30 Atl Gulf Ac WI SS Line coll tr 5s_1959 J J L Ac N collat ftold 4s Oct.. 1952 Atlantic At Danrllle 1st ft 4s Second 4s Atlantic Refining deb 3s {♦ Auburn Auto'bile 1953 cony deb 4H«'39 Austin At NW 1st ft 5s ftuar 1941 cons M J J 1834 20 J 85 92 MN 102 77 38 A O J D A O J D Boston Ac Maine 1st 5s 1st mortgage 5s series II 1st ft 4J4a series JJ F A m 8 38 J J I J 112 105 Sale" J J 108 109 J D A O J J A O Sale 6934 A O 18 J 10094 A O 92 k d 43 mn J J 3)4*-—1966 MN MN a* <8* io^ Sale Sale 12 44 Sale Sale 4434 mn 60 Sale 110 J d MN Sale A Sale 11094 F 1981 F A Buffalo Nlaftara Elec 3 Hi* ser C..1967 Bu ff Roch Ac Pitts cons 4^1..... 1957 J d *{♦ Burl Ced Rap flt Nor 1st 5s. ..1934 A Sale MN 10 O •Certificates of deposit {Bush Terminal Co 1st 4s......1952 Consol 5s ..1955 J Sale {Bush Term Bldfts 1st 5s ftu.....1960 Calif-Oregon Power 4s 1966 a 61 a Canada Sou a ftu 5s ser A.....1962 Canadian Nat Jold 4>$s Guaranteed ftold 5s 112" 92 Sale 115 Sale 11694 11534 11834 11894 11634 Sale 115 m s 11394 J J j 1970 f 119 f J Canadian Northern ftuar 6)4*—1946 Canadian Pac 4% deb stock..... Collateral trust ftold 4Ks 1946 5s equip trust ctfs 1944 Collateral trust ft 5s..........1954 Collateral trust 4Hs ...1960 {♦Carolina Central 1st ftu ft 4s.. 1949 Caro Clinch Ac Ohio 6s ser A 1952 w w. ♦Consol ftold 5s..... ♦Ref At ften 5Ha series B ♦Ref At ften 5s series C 1947 a Nov. 10 101 Nov. 2 5294 Nov. 22 2234 Nov. 28 Sale Sale 20 Sale 17 Nov. 28 23 44341 Sale 41 Nov. 45 4 Nov. 30 Nov. 28 Nov. 16 Nov. 22 Nov. 16 Nov. 10 Nov. 10 Nov-. 12 Nov. 26 34 34 June 1434 Sept. June Sept. 2734 June Sale 3134 Nov. 28 3694 Nov. 12 35 Sale 35 Nov. 30 Nov. 21 Sale Nov. 10 Sale 1634 Nov. 28 1094 Nov. 28 Sale 17 Nov. 22 88 i2i% Nov. 10 Nov. June 9 14 105 Mar. 99 Mar. 45 40 Nov. 4 40 Nov. 4 June 40 11934 Nov. 4 12934 Nov. 12 115 Apr. 9934 Jan. Sept. 12534 Apr. 11 14 4 12 4 5 3 14 6 Nov. 14 Aug. 26 Jan. 7 Nov. 30 Mar. 1 Feb. 1ft 7 3 3 4 3 Jan. Jan. Jan. Jan. 10 Jan. 7 Jan. 7 39 Jan. 7 11234 Jan. 11 106 Jan. 17 108 Jan. 4 48 Feb. 25 100 Jan. 7 Feb. 2 June 95 Jan. Jan. \It* it* % Nov. 17 10934 10934 Nov. 10 10334 10194 Nov. 3 10334 Nov. 23 9 10394 10234 Nov. 26 10534 Nov. 13 7 Jan. 70 June 1094 Nov. ; Oct. Jan. Jan. Jan. 45 June 19 Jan. 19 11 8 3934 Jan. 8234 Jan. 37 15 33 3834 2 7 102 Jan. 15 3 7834 Jan. Oct. 96 28 Sale 2894 2634 28 Nov. 29 30 4 25 27 Nov. Nov. 23 2934 Nov. 12 2794 Nov. 7 20 26 Nov. 18 2994 Nov. 15 2294 Feb. 99 k Apr. 9234 Apr. 82 Apr. 2634 10534 10034 9834 2994 2894 105 Sale Sale 9934 Sale 9794 10634 10794 106 2634 2734 2334 734 5334 10734 7694 Sale 25 Nov. 3 7 106 Sale Nov. 29 Nov. 30 3134 Nov. 14 30 1 794 Nov. 4534 Nov. 21 Nov. 12 27 2334 Nov. 8* 29 9 54 Nov. 12 Nov. _ Nov. 26 Sale 29 Sale 16 10694 6834 3534 3894 4034 Sale 7794 Sale 10634 10634 10534 iH 98 1 3 10034 Nov. 10 1 10034 Nov. 14 Nov. 17 106 Nov. 17 Sale Sale Nov. Nov. Nov. Sale Sale Nov. ,119 74 4 12994 Oct. Sale 92 Nov. Sale 11494 Sale 11494 Nov. Sale 115 115 1 100 23 29 21 25 15 _ 30 _ 16 10 13 II* Nov. 30 10 Aug. 16 14 30 9 11594 Nov. 12 124 Nov. 10 1 2634 Mar. 31 3534 Apr. 12 79 Apr. 14 7434 June 20 10894 Sept. 28 10834 Sept. 28 113 Sept. 28 Nov. 9 Nov. 5 116 Nov. 9 Sale 123 Nov. 80 Sale 80 Nov. 8254 Nov. 12 73 • Mar. 18 Nov. 99 90 < Mar. 18 J 11334 J Sale j Sale 72 108 J j mn 90 J D 6934 f a I d f a 75 Sale 65 1234 O 25 23 15; 28 10394 "6931 106 98 10731 1951 1966 107 Sale 4234 "5l"' 31 Sale 25 29 -Il962 ...1949 11 5 734 9734 Sale 634 72 71 S f deb 4Jis (1935 issue).......1950 S f deb 494s (1938 issue) —1950 m S mn M 8 M S 116 6 14 $A 110 75 72 Sale 10 1434 934 7 14 101 70 111 W WA 60 9 Sale 9994 104 9934 Sale 80 9994 Sale 10 15 10534 Nov. 30 __ 4 13 9 11 Ma'. 4 Mar. 12 Jan. 15 Jan. 89 18 24 10334 Jan. Feb. 9 Jan. 12 14 18 __ 4 95 Nov. 29 80 May 20 95 Nov. 29 Nov. 50 Nov. 23 35 June 56 Jan. 6 Nov. 23 9294 Nov. 59 Mar. 29 9294 Oct. 24 1994 3034 794 334 July Oct 4 Sept. Sept. 26 Feb. 25 50 .Jan. 25 1 Nov. 1234 Nov. 10 6 94 Nov. 9 6J4 Nov. 10 15 15 10 20 13 Nov. 17 7 Nov. 10 6 10 Nov. 10 Nov. 7 10134 Nov. 110 Nov. 9 95 Nov. 72 Nov. 28 10934 Nov. 16 103 34 Nov. 21 1 11034 Nov. 29 Nov. 5 54 Nov. Nov. 10634 Nov. Nov. 9 2734 Nov. 2494 Nov. 15 107 Nov. 30 Nov. 10 5434 Nov. 28 Nov. 12 107 89 Apr. 22 Sept. 21 17 734 Jan. 12 Oct. 12 10 21 Feb. 23 10 July 7 July 25 July 23 Mar. 14 10934 July 18 Mar. 30 103 34 Nov. 21 16 Nov. 1 14 Jan. 13 ur 25 June 20 Mar. 31 June 3 101 13 Feb. 7 June 14 118 June 13 78 10594 Feb. 18 1294 Jan. Apr. 3434 Jan. 3034 July 2 107 12 7 Oct. Jan. 3 July 22 6 72 6234 Nov. 14 June 16 6434 June 23 3594 June 14 7434 Jan. 10 54 54 June 24 64 Feb. 16 11294 Apr. 22 117 July 49 Mar. 31 8534 Oct. 29 13 76 6934 9994 104 18 27 May 23 10 10 79 30 Nov. 102 Sale 15 17 Mar. 11 Mar. 18 104 Nov. 54 5434 11434 11534 11534 11534 115 14 17 Mar. 11 92 10934 Nov. Sale 11034 Oct. Nov. 72 3 21 Mar Jan. 8694 Mar. 18 99 35 May 9 4734 Feb. 94 Jan. May 5 108 Sale Sale 16 29 121 Nov. 17 10234 11034 Nov. Sale 2594 Nov. Sale 2134 Nov. Sale 25 29 11734 Nov. 14 7 ~58K 83 11234 Nov. 16 10 21 11534 Nov. 95 Nov. 10 3 15 Nov. 30 Jan. 99 11034 22 Jan. 96 Nov. 334 Sept. 7 7 July 18 72 61 109 Nov. 394 Nov. 434 Nov. 90 123 5434 1 Nov. 17 1Z* 63 994 Sale 3 534 434 Sale 8 90 Sale 5934 Sale 10534 634 "35"" 10894 10934 10934 103 10234 Sale Sale 10294 29 3034 2634 22 23 94 10634 10694 107 7334 Sale 7234 104 mn 50 Sale 9134 Sale 15 "694 102 55 '.......1987 32~~ 5 Sale {♦Central New Enft 1st ftuar 4S..1961 Central of N J ften ft 5s 1987 9234 Sale Nov. 11 4994 July 25 Mar. 18 120 123 Nov. 19 Mar. 28 8 8534 Jan. Sept. 28 118 10834 Sept. 28 116 10894 Sept. 28 115 11794 Sept. 28 125 Sale J Jan. 112 Nov. 12 Sale 9734 Sale 9734 Sale 9634 112 Sale 11234 11234 112 98 98 9794 9894 9834 9334 Sale 9294 Sale 9234 60 4634 4834 4334 10394 106 10534 Sale 10334 91 93 95 9034 9434 50 63 4934 55 4834 19 9 Nov. Nov. Nov. Oct. Feb. 1934 June 17 Feb. 2034 June 18 Jan. 1834 June 17 41 Mar. 31 12-: Jan. JV* Apr. 27 30 54 July 101 Apr. 1 10734 Nov. 3534 Mar. 31 7834 Nov. June 8 20 3994 Aug. 4034 Nov. 29 40 34 Nov. 59 Apr. 26 8834 Nov. Mar. 15 10834 Jan. 100 9534 May 27 107 Nov. 5934 June 13 8094 Oct. 7834 Apr. 14 99 Oct. 10534 Jan. 10834 Nov. Nov. 3 11194 Jan. 109 Mar. 19 10934 Oct. 106 Jan. 1634 Mar. 30 44 Nov. 29 Nov. 12 Nov. 2934 Oct. 107 5 114 Nov. 4 8 10034 Oct. 15 1 100^ Nov. 14 31 10794 Feb. 24 5 Nov. Nov. 10434 Oct. Nov. 2994 June 21 2834 Apr. 26 5 11534 11634 11994 11934 11834 11634 Sale 19 30 3 11834 11994 119 Sale 11834 11994 11894 11734 117 11794 11734 Sale 11494 11534 115 11434 114 11434 11434 119 Sept. 30 Sept. 28 Sept. 26 82 Central Foundry 1st mtfte 6a....1941 General mtfte 5^.._.._ 1941 Cent Hudson G Ac E 1st At ref 334s '65 For footnotes, see page 30. 7034 Nov. 16 Nov. 16 124 a ...... 2 Nov. 15 Sale 1959 1954 Guar 5s... i960 Central RR and Banking of Ga— 5s extended to May 1 1942 1 25 3234 5434 10294 2534 7034 Sale MN Central N Y Power 394* Nov. 14 3694 Nov. 14 June 24 102 Jan. June 21 10434 Jan. Jan. Jan. Jan. Jan. Sale 1945 Cent Pac 1st ref ftu ft 4s 70 23 25 9934 Aug. 24 9934 Aug. 25 7934 June 27 101 8734 Apr. 14 10634 9534 Apr. 19 10334 LOO Apr. 13 U234 9894 June 17 112 105 June 23 109 97 8334 Nov. 21 67 June 13 10434 69 June 16 94 53 May 31 7734 63 88 Apr. 1 45 Mar. 31 7634 1434 Mar. 30 3694 14 Apr. 4 IV* 50 Sept. 13 60 102 34 Nov. 25 10294 15 Apr. 1 30 70 Oct. 19 85 J ♦Middle Ga A Atl Dlr pur m 5s. 1947 ♦Mobile Dlr Is t g 5s 1946 Cent 111 Elec At Gas 1st 5s Central Illinois Light 3)4s 3 29 Mar. 9894 Apr. 13 11034 Feb. 18 7534 Apr. 14 103 Jan. 4 7534 Apr. 14 Jan. 5 M S 1959 ♦Chat Dlr pur money ft 4s....1951 ♦Macon A Nor Dlr 1st ft 5s 1946 rlH 119 ..1951 Nov. 12 Nov. 16 10734 Nov. 1 Nov. 7834 Nov. 33 5 Nov. 3834 Nov. 35 36 Nov. 29 4034 Nov. 87 2 Nov. 7734 Sale" 8834 Nov. 107 3 10734 Nov. Nov. 10694 Sale Sale 106 1 107 106 Nov. Nov. 76 Sale 76 Nov. 30 7894 Sale 7894 Nov. 9534 Nov. 30 9794 Nov. 9734 Sale 9534 Sale Sale 108 107 Nov. 4 10834 Nov. 10634 107 109 Nov. 3 11134 Nov. 11134 Sale 11034 Sale 109 10934 10834 10934 10934 Nov. 18 10934 Nov. Sale 27 2534 Sale 2534 Nov. 30 3034 Nov. 5 Sale 5 Nov. 30 694 834 734 Nov. 6 Sale 5 Nov. 29 634 Nov. 67 7434 Sale 4334 46 4234 Nov. 4594 Nov. 55 Nov. 60 55 5134 5234 5734 Nov. 96 Nov. 9594 Sale 9334 Nov. 9334 Sale a 1956 Sale 6834 Sale 32 3834 j Guar ft 4H> Guar ft 4Hs_. General 4s 107 J June 15 1955 4Ms 8534 2994 Sale 2934 Sale 26 2794 734 Sale 50 5434 1957 Oct 1969 Sale 9994 Sale 9794 Sale July 1969 Guaranteed ft 5s Guaranteed g 5s Guar ftold 9 a 106 104 Sale 108 75 con Nov. 10 85 ----- MN .....1950 Nov. 12 82 19 Sale Nov. 28 71 11734 Nov. 11834 Sale" 11734 Sale Sale Nov. 129 128 12894 128 2834 24 Sale Sale MN Buffalo Gen Elec4tts ser B 74 94 25 Nov. 21 3 4894 2694 Brooklyn Union Gas Co 1st ft 5§.1945 f deb 3H* Nov. 49 27 A s Sale Nov. 17 28 9834 4634 1694 4634 1834 1234 1534 Sale Sale 20 1894 109 10934 Sale" 10294 102 105 10534 10334 4234 2594 F Brown Shoe 6934 Sale 26 J 1947 20 23._ 2334 J A Sale 37 2934 .........1941 Brooklyn Union El 1st 5s 1950 ser 4294 33 29 108 m s J Bklyn Manhattan Transit 4H*_.1966 Bklyn Queens Co At Sub fttd 5s_.1941 1st lien At ref 6s 32 Sale 29 a o A Debentures ftold 5s ..........1950 1st Hen At ref 5s series B.......1957 25 100 11734 1179 12634 127 J V 1st 5s stamped... 5334 10294 Nov. Nov. Nov. Nov. Nov. Nov. Nov. 3 Oct. Feb. 103 i ♦BostonAt NY Air Line 1st ftu 4sl953 1941 40 3734 Sale 3134 Sale O cons mtfte Sale 8 A Bklyn Edison 20 M .....1961 Brooklyn City RR 1st 5s Sale 78 22 X ...1955 "Sale 5934 S* AC...1967 Sale 48 Sale 1959 ser 20 67 .1955 slnkinft fund 634» ♦Debenture 6s IP 59 93"" 78 Sale J J 60 Sale Sale mn ♦Berlin City Electric deb (MI..-1951 ♦Deb a* "23"" "25"" 6634 7734 Sale 6594 33 3134 Sale 2934 5534 5234 Sale 10234 Sale 9934 10094 J J 1943 fltd ft l^s 5234 Sale S J Nov. 17 109 8334 Nov. 21 86 Nov. 7 90 85 Nov. 29 8634 109 8694 Jan. 81 J Atl Knox At No 1st ft 5s 4 82 1 D 9734 Jan. 88 Nov. 17 Nov. J 107 10634 Sale 108 112 38 2534 Mar. 31 23 May 27 41 9434 Oct. 26 100 Nov. 22 J 4,000 1941 3,000 Central Steel 1st sink fund 8s 87,000 Certaln-teed Prod s ff ft 5Ms A...1948 Champion Paper Ac Fibre— 24,000 85,000 97 Sale Throufth St L 1st ftu ft 4s 281",000 Sale Sale 91 3334 Nov. 1 3734 Nov. 12 Nov. 30 92 d Nov. Nov. j ♦Cent Br Un Pac 1st ft 4s 1948 {♦Cent off Ga Ry 1st ft 5s...Nor. 1945 3,000 9,000 1,000 1,000 240,000 10,000 70,000 116,000 21,000 88,000 228,000 It'4 D J 9834 9794 31 35 ....1965 60,000 Celotex Corp deb 4H§ ~3", 000 Not mn J 96 106 a o J 33 38 60 Trane-Cont Short Line 1st 4s ftl958 Rocky Mt dlr 1st 4s A 8,000 Carriers & Gen Corp deb 5s w w.1950 1981 1,000 Carthage At Adlr 1st ftu ft 4s 150,000 58,000 95,000 1,000 88 Sale 3034 3634 99 Nov. 28 10134 Nov. 10 Nov. 5 9934 9794 Nov. 18 100 4 109 107 Nov. Nov. 12 Sale Nov. 3 10534 Nov. 22 107 Berlin Elec filer Ac Undftrd Rys— ♦1st 6 34 a 7,000 1956 246,000 Bethlehem Steel 494* series D...1960 Cons mtfte 394s series E.......1966 526,000 881,000 334s s f conv debs 1952 2,000 Blft Sandy Ry 1st mtfte 4S.......1944 252,000 92,000 80,000 54,000 53,000 98,000 2,712,000 2,000 1,000 209,000 212,000 28,000 69,000 221,000 38,000 137,000 10,000 273,000 42,000 42,000 42 8694 Cony ft 4s of 1909.......... Cony ft 4s of 1905 Belrldere Del 13,000 12,000 31 36 93 a 87,000 Baldwin Loco Wka 5s stpd......l940 573,000 Bait At Ohio 1st ft 4s ....July 1948 826,000 Refund At ften 5s ser A.. 1995 531,000 1st ftold 5s ...July 1948 700,000 Ref and ften 6s, series C.......1995 199,000 PLEAtWVa Sysref ft4s 1941 417,000 Southw Dlr lstSfcs at 6% 1950 Tol Cln Dlr 1st Ac ref 4s ser A..1959 75,000 591,000 Refunding 6s series D .....2000 Conr ft 4H» 1,898,000 —........I960 Ref At ften 5s series F 593,000 1996 3,000 Banftor At Aroostook RR 1st ft 5s '43 54,000 Con ref mtftc ftold 4s.. ........1951 4a stamped 53,000 1951 3,000 Battle Creek At Sturftls ftu 3s....1989 Beech Creek Exten 1st ft 1H*.. .1951 100",000 Bell Telephone of Pa 1st 5s B 1948 First Ac ref 5s series C 43,000 1960 26,666 8 f C (Del) Adjustment A 4s J M (Del)...1955 Atchlnson Topeka Ac Santa Fe— Gen 4s 1995 ♦Stamped 4s Q 3334 Sale 3334 3634 94 2834 Jan Nov. 12 Nov. 10 11534 Nov. 23 Nov. 28 8434 Nov. 3 9934 Nov. 10 100 9934 Nov. 15 100 Nov. 3 Nov. 1 60 9534 May 5 106 Aug. 15 100 97 . Jan. Oct. 24 25 Sales in N. T. STOCK Value PRICES Price BONDS November RANGE SINCE JAN. 1 NOVEMBER IN Jan. 3 Ask Sale 119 120 96 Sale 96 Sale 106 .Sale 952 9624 Sale 109H 106 Sale 108 Sale 11624 118 117 Sale 95 101% Nov. 10 ut 7^ XNOV# «7 9734 Nov. 9 T 9734 Nov. 9 Nov. 1 1 106 Nov. 29 120 28 IiOV# Nov. AO Nov. Nov. 85 H 106 Cralft Valley lat ft 5a May 1940 Potta Greek Br lat 4a_........ 1946 J J R Ac A Die lat con ft 4a........ 1989 J J 10824 4a.............1989 Warm Sprlnfta Valley lat ft 0a .1941 ♦Chic & Alt RR ref ft 3a 1949 Chic Burl Be Q 111 Die 3Ha ..1949 IlUnols Division 4a............1949 General 4a 1958 J J 104 II 8 A O Sale J J Sale 10934 Nov. 1G 12 Sale 1134 Nov. 29 14 "13"" Sale 97 Nov. 29 9924 Nov. 4 Sale 9924 97 99 4 21 10424 Nov. 10324 Sale 103 % Sale 10224 Nov. 96 Nov. 29 9924 Nov. 4 97 Sale 98 y8 Sale Sale 8934 Nov. 29 9124 Nov. 17 8924 Sale 90 1 Sale 93 Nov. 9534 Nov. 12 9334 Sale 93 Nov. 16 85 Nov. 15 90 85 90 90 52 18 14 Nov. 1634 Nov. 10 1534 Sale 15H Sale Nov. 10 Sale 1334 Nov. 18 14 1434 Sale Nov. 4 80 Nov. 16 80 83 90 81 20 H Sale 1834 Nov. 28 2224 Nov. 10 2124 Sale "6,666 2d con ftold 222,000 178.000 63,000 211,000 lat Be ref 4 Ha aeries B 112,000 1977 239,000 lat Ac ref 5a aerlea A..........1971 10,000 ♦{♦Chic 8c E III lat cona ft 6a 1934 184.000 {♦Chic 8c E 111 Ry (new co) ft 0a ..1901 98,000 ♦Certificate* of deposit 66,000 Chic 9c Erie lat ftold 5a....... 1982 638,000 {♦Chic Gt Western lat 50-yr 4a 1959 J v ' J 8 Sale" A Sale F A Sale A O Sale UN Sale MN Sale M S Sale J 20 J 9,000 {♦Chic Indlanap 8c Louiav rf ft 6al947 ♦Refunding ftold 5s ser B 1947 J J 4,000 10,000 ♦Refunding 4s series C...... 1947 J J MN 37.000 ♦1st 8c general 5s series A......1946 V 9,000 ♦1st 8c gen 6a series B May 1966 J J 6.000 Chic Indiana Be Sou 00-yr 4a ...1956 J J Chic LS 8c East lat 4 Ha 1969 J D 157",66O {♦Chic Mil Be St P.gen g 4a ser A.1989 J J ♦Gen g 3Hs series B....May 1 1989 J 40,000 J ♦Gen 4Hs aeries C 203,000 May 1 1989 J J ♦Gen g 4Hs series E 108,000 May 1 1989 J J ♦Gen 4Hs aeries F 28,000 May 1 1989 J J 2,160,000 {♦Chic Mil St PAc Pae mtgefts ser A1975 F A ♦Conr adj 5a 2,337,000 Janl 2000 A O 130,000 {♦Chic & No West gen 3H* 1987 M N 222,000 ♦General 4a 1987 MN •; n.ooo ♦Stpd non payt Fed lnc tax.1987 M N 18,000 ♦Stpd gen 4Ha non-pay lnc taxl987 M N < 81,000 ♦Gen 0s stpd non pay lnc tax.1987 M N 20 < 37 Sale ' 8 92% 2934 39 H , Sale • . 14,000 408,000 225.000 210,000 141,000 177,000 5,000 of deposit... ♦♦Refunding gold 4s ♦Certificates of deposit... 22,000 140.000 - 1.000 v 1st mtge Sale Sale 2824 Sale 2824 Sale 1124 Sale 334 Sale 22 H 24 2134 Nov. 22 2434 Sale 24 Sale 17 Sale 1724 Sale 1634 11 Sale 1634 1624 19 21 Sale ------ 24,000 80,000 148,000 108,000 ------ 6 50 Sale 3% ------ 7,000 32,000 170,000 494,000 1*59,000 346,000 „ „ „ 69 ~80H 65 105 H 107 H 10924 Sale 109 59 51 72 H 5334 Sale Sale 104 H 105 Sale 100 Sale V 58 $ 80 61 94 H 4 73 % Sale 105 % 107% 106 % . 70 Sale Sale 104 107 105 Sale 10 17% 15 80 Nov. 10534 104 10734 10724 Nov. Sale 105 Nov. Sale 101 Nov. Sale 8834 Nov. 90 8834 Nov. Sale 7434 Nov. 15 15 Nov. Sale 10734 Nov. 11034 Nov. Sale 10124 Nov. 109 24 10934 101H 101% 10124 10824, Sale 106 24 108 108 Sale 107 107 H 107 H Sale Nov. 21 6334 Nov. 28 4734 Nov. 29 54 y 6334 49 24 10534 107 108 10724 Nov. 10734 Nov. 100 H 30 65 35 'IB* Sale 71 Sale 71 Sale 70 88 70 60 Sale 5734 Sale 9934 Sale 60 55 60 55 75 60 34 94 7034 7034 Nov. 94 Nov. M 101H 7 ----- 97% Q5 % 95 7% Sale 70 ..... 10524 10524 105 H 106 108 H Sale 86 7534 7234 100 60 Sale Sale 96 H Sale Sale Sale Sale debentures..............1942 Commercial Invest Tr deb 3H*—1951 102 Commonwealth Edison Co— ist mtge g 4s series F_— ......1981 M S ist mtge 324« series H........1965 A O Conv deb 3Hs 10824 106 ............1968 ...1958 (interest from Sept 30 1938) 1958 Conn At Pasaum Rlra 1st ft 4a—1943 Conn Ry Ac Lt lat g 4 Ha 1951 stamped guar 4 Hs ...—1951 Conn River Power a f 3H* A—..1961 Consol Edison (N Y) deb 3Hs—1946 debentures....——-—.1948 debentures..............1956 3Hs debentures. .....—1958 Consol Hydro-Elec Works of Upper 3H> 96 9424 60 4434 Sale 9734 Sale Nov. 28 <?% Nov. Nov. Nov. 103 Sale 10224 10634 Sale Sale 10834 Sale 10724 Sale 10534 Sale 108 Sale .... 10724 10924. Sale 10324 Sale 10234 103 10534 10634 11034 10934 10224 10234 10534 5 Mar. 25 534 Mar. 29 534 Mar. 30 348 9834 10834 10834 1085 106 103 103 H 10634 10634 Sale 10424 10434 10424.10534 104 % Sale 10324 10434 104 10434 2234 103 10 1024 1024 1024 1024 1234 15 10 49 52 56 10 10 9 June 14 Nov. Nov. Nov. Nov. Nov. _ 10234 Mar. 26 107H Jan Jan. 103 Mar. 31 110 99 June 17 10934 Jan. 9734 June 17 10534 Jan. 1 100 Apr. 71 Mar. 31 Jan. 1 9234 Jan. 80 July 5 17 Nov. 9 1 108 Nov. 1 10234 Apr. 11034 Nov. 15 10134 Nov. 29 10624 Apr. 1 11034 Nov. 15 Mar. 18 6 102 Nov. 2 10834 Nov. 26 5 11034 July 107H Jan. 102 Apr. 20 10834 Jan 100 109 74 Nov. 10 6024 Nov. 9934 Nov. 55 Nov. 7134 Nov. 9624 Nov. 59 Aug. July 41 June 95 July 21 50 June 57 16 21 61 June Nov. 99 May Sept. 97 % Apr. 10634 Nov. 14 105 Nov. 18 Nov. 9 Nov. 28 Nov. 30 10 12 16 17 95 106 Nov. 12 5 6 7 Mar 10634 Sept. Mav 112* May 12 107 Sept. 20 Sept. Nov." 14 Jan. 4 4 Jan. 25 Jan. June 23 Jan. 7 4 4 92 34 Jan. 12 Jan. 77 71 Mar. 30 10524 Jan. 64 Sept. 27 June 20 102 9534 May 40 30 86 86 85 34 65 Aug. 16 Feb. 2 49 July 25 99 Jan. 98 Jan. 14 18 15 28 103 May Mar. Apr. Apr. Apr. 10824 10834 10634 10834 Nov. Nov. Nov. Nov. 21 105 Mar. 31 16 10224 Apr. 4 21 10334 Sept. 16 10 100 Sept. 28 1 10034 10024 10734 Nov. 28 10824 Nov. 15 10734 Nov. 22 10924 Nov. 7 10424 Nov. 10624 Nov. 4 100 Nov. 25 10634 Nov. 1 10334 Nov. 2 10524 Nov. 15 9724 1 Nov. 29 104% Nov. 99H 2234 Nov. 3 2634 Nov. 10 Sale 102% Nov. 17 10324 Nov. 9 1034 9% Nov. 18 1034 Nov. 26 Nov. 12 1034 1034 Nov. 15 11 1034 Nov. 25 1034 924 Nov. 25 Nov. 12 50 Nov. 2 57' 5634 Nov. May 20 18 9634 Jan. 112*4 Jan 10434 June 11034 Nov. 21 106H Apr. 11034 Nov. 110 Nov. 9 105 Aug. Apr. 6 110 10334, Nov. 15 9534 Mar. 31 1\3 34 Nov. 3 10334 Aug. 10334 Nov. 10 99H Jan. 1 10624 Oct. 10634 Nov. 1 100 Apr. Sale 107 7324 Jan. 10224 Jan. 10534 May 18 1%34 10434 June 28 108 10624 Feb. 14 108 100 Apr. 18 10624 10134 June 23 10134 73 July 1 10434 8034. Nov. 10 7334 Nov. 10 103 3 1 3 3 7834 Feb. 94 10634 Nov. 3 103 34 10934 Nov. 25 10724 86 88 19 5 9024 Jan. 9224 Mar. Apr. 14 1 Nov. Nov. Nov. Nov. Nov. Nov. 20 1 Nov. Nov. 13 13 3 5 Nov. 108 Nov. Nov. Nov. Nov. Nov. 28 3 48 H Apr. 14 Jan. 6134 4534 9634 9734 Nov. 22 Jan. 18 2224 Juiy 25 1924 July 26 1034 July 25 9 July 25 11 July 25 8 8H Jan. 534 Jan. 10 7134 Nov. 14 86 Jan. 4 7824 Feb. 3 7034 Oct. 21 5434 Jan. 3 51 9 1 109 Nov. 10634 Sale 109 108 H Sale 10334 Sale 107 Sale 10634 108 10734 Sale 10324 Sale 107 10734, 10634 Nov. 15 10734 Nov. 10134 Sale" 9824 100 July June 18 1 12 12 12 Nov. 10534 Nov. 29 10934 Nqv. 12 7 45 36 Nov. 25 Sale 108 23 31 Nov. 10 19% Sale Sale Sale 31 Oct. 71 10524 10924 10834 10834 109 10634 Sale 10634 Sale Mar 46 Nov. 14 10534 1034 Mar. 29 3 55 Nov. 1 106 10824 Nov. 18 1 10634 Nov. 10234 Nov. 17 10734 Nov. 107 Nov. 10524 Nov. 10524 Nov. Sale 22 1124 Jan. 11H Jan. 734 July 15 29 30 30 Nov. 9 6934 Nov. 10 5434 Nov. 2 90 Feb. Mar. July 14 34 Mar. 1434 Mar. 534 Mar. 59 Sale 10724 10334 12% Jan. 41 12 9 10 7 14 Sale Sale 103] 10634 22 34 7 14 106 34 —- 1834 Jan. Mar. 0% Mar. 324 Mar. 12 15 108 1063 105 i AflcO 1955 5,000 ♦Debenture 4s...—......—1956 100,000 ♦Consolidation Coal a f 8s.......1960 Consumers Power Co— 29,000 fat lien Ac unlf mtge 3Hs.__. 1965 39,000 1st lien Ac unlf mtge 3Hs—....1965 26,000 1st mtge 3Ha———————-1967 131,000 1st mtge 3H* 1970 168,000 1st mtge 3Hs ..1966 I For footnotes, see page 30. Sale 100 101 107 H 8334 86 Sale 8434 79 Sale 7834 70 72 Sale 10824 100 103 Sale 5934 6034 Sale 42 4224 Sale 9324 96 Sale 93 9634 Sale 93 Sale 9134 85 87 108 Jan, 7 107 10634 Nov. 105 Nov. 109 Sale $ May Mar. it* 5 1834 Nov. 17 Nov. 9 Nov. 834 Ncv. 934 Nov. 834 Nov. 434 Nov. 7134 Nov. Mar. il* \lH ~ 1 10 Jan. 12 Jan. 7 85 112 1, Feb. 15 35 34 Jan. 17 Jan. 14 30 Jan. 15 36 35 H Jan. 17 14 3434 Feb 8 13 34 Jan. 424 Jan. 12 Jan. 13 18 18*4 Jan. 13 1824 Jan. 13 Jan. 8 11% Feb. 2 22 Jan. 87 Nov. 109 10934 10924 16,000 ♦vVuerttemberg 1st 7s...—....1956 350,000 Consolidated Oil conr deb 3Ha.. 1951 27,000 {♦Consolidated Ry deb 4a—--.1954 8,000 ♦Debenture 4s .........JAcJ 1955 56 4234 9634 _ 3Hs ♦Debenture 4s 16634 l03"" 110 2H• series I 7934 7334 109 Val 1st ext g 4a '48 Toledo 1st ext 4a...1955 Columbus Ry Pow Ac Lt 4s......*965 Commercial Credit deb 3H>...—1951 Columbus Ac ist mtge Sale Nov. 10 60 102% 86 Mar. 15 Mar. 11134 Sept. 1934 June 19 Sept. 20 Sept. 21 Apr. 1934 Apr. 7 Sept. Sept. Sept. Sept. Sept. 1434 Mar. 1424 Sept. series C gu 84 13 May 3 75 10524. Sale > 5734 Nov. 9924 Nov. 9534 87 106 10534 106 108 10834 Sale 10524 87 87 17 9 90 5234 99 % "66"" Wh 2 Nov. 10 June 834 June Nov.""! 42 1734 Jan. 1634 Jan. 108 65 108 108 Nov. 28 734 Nov. 29 3 Nov. 30 7134 Nov. 14 34H 10334 Sale Sale Nov. 5 Nov. 28 Nov. 21 Nov. 28 Nov. 8 70 7° 4734 108 4134 1424 1524 634 624 Sale 72 61 52 63 10234 101% Sale 91 8834 88% 89 34 8834 883/s 7634 7534 Sale series A gu Conv debs 3H« ,230,000 Sale Sale 1* Sale S®'*®« B *u ***• Columbia Ac Hock _ Sale 47 Sale 7% Sale 23,000 38,000 «5s income mtge...———1970 103,000 Colorado Ac Southern 4Hs ser A. 1980 404,000 Columbia Gas At Elec deb 5s—.1952 19,000 Debenture 0a ........Apr 10 1952 287,000 Debenture 0s———.Jan If 1961 268,000 203,000 312,000 636,000 Sale 43 4034 1634 Sale 17 1334 734 Sale 624 Sale 834 Sale 57 Sale 8% Sale 9 724' 934 424 Sale Sale 1824 16 % 47 Sale 4Hs 1942 3 Ha 1*48 Series D gu 3Hs 1950 General 4 Hs series A——----1977 Gen At ref. mt*e4Hs aeries B—1981 cter Short Line 1st gu 4Hs 1961 Cler Union Term 1st gu 0Hs A..1972 ist a f g 0s series B guar—...1973 ist a f 4Ha series G 1977 Coal Rir Ry 1st gu 4a 1945 Colo Fuel Ac Iron Co gen a ( 5s—1943 6,000 118,000 315,000 156,000 4)4,000 " 9034 Jan. 1534 Mar. 1934 Nov. 9 12 Nov. 9 11 Nov. 10 11 Nov. 10 634 Nov. 1 Sale Jan. 10934 Jan. 834 Mar. 7 24 Mar. 1534 Nov. 21 934 Nov. 21 834 Nov. 25 8 Nov. 25 434 Nov. 28 Nov. 29 105 June Nov. 56 34 May Nov. 1 2924 Nov. 10 2934 Nov. 10 2934 Nov. 10 12 Nov. 10 434 Nov. 10 17 Nov. 10 1734 Nov. 10 1624 Nov. 9 1734 Nov. 9 4 Nov. 9 1034 Sale 9 1024 10 H 9H 934 Sale Sale WW ValDIr 1st g 4s... 194# 80,000 ciere-Cliffs Iron 1st mtge 4Ha.. 1950 77,000 ciere Elec Ilium 1st M 3Ha 1965 Cler At Pitta gen gu 4Ha aer B..1942 5.000 1.000 25 Jan. June 75 85 2324 Nov. 30 2534 Nov. 23 9 Nov. 22 224 Nov. 22 1324 Nov. 23 1434 Nov. 22 1434 Nov. 26 1634 Nov. 5 1534 Nov. 22 24 2134 28J4 1034 Sale 334 Sale 1334 Sale 14 % Sale 1334 15 14% 16 16 Sale Sale ■X-X-XXX Vnnn 22 H July 109 68 25 28 24 Sale ------ " 62 94 60 25 19 M S 9,000 Gin Leb St N 1st con gu g 4s....1942 Cincinnati Union Terminal— , jet mtge ft 5s aerlea C guar....1957 1st mtge guar 3H> series D 1971 Clearfield Ac Mahon 1st fttd ft 0a.. 1943 59,000 g CC 8t St L. ften g4*..— 1993 ---x x x General 5a series B 1993 113,000 Ref Ac lmpt 4 H> series E 1977 55.000 Cairo Dlr lat gold 4s 1939 1.000 Gin W 8c M Dlr 1st g 4a 1991 2,000 st Louis Dlr 1st coll trust ft 4S.1999 6,000 spring Ac Col Dlr lat ft 4s 1948 Jan. 8 12 6 3 3 3 3 11 12 3 Tan. 107 34 11134 Jan. 9)% June 8134 June 16 F A J 58,000 130,000 26 34 Jan. Sept. 634 Nov. 12 7 Nov. 10 64 Nov. 3 12 15 28 23 1 3H«———————1967 5 Sale 5% 21 18H J D MN 17,000 83,000 212.000 53,000 ""•XXX 192,000 75.000 104,000 child* Co deb 5s 1943 6,000 {♦Choc Okl Ac Gulf conaol 5s 1952 121,000 Cinc Gas Ac Elec 1st mtge 3H®—1966 4% 24" "Nov. 18 Gold 3Hs "3',000 11 14 115 June 9 2434 Sale MN M 8 J D J D M N J D ...June 101951 J D Memphis Dlr 1st 4s 1951 J D Chic T H 8t S'eaat let 8c ref 0a—1960 J D Income guar 8s........Dec 1 1960 M 8 Chicago Union StationGuaranteed 4s 1944 1st mtge 4s series D 1963 1st mtge 3Hs series E 1963 3H® guaranteed....— 1951 Chicago Ac Western Indiana 4S..1952 lit & ref mtge 4k» aer D 1962 10 85 Nov. 10 Nov. 17 Nov. 10 17 21% Sale 1934 A ~ gold 4H& aeries A......1902 ♦Certificates of deposit..... ♦Convertible gold 4Hs 1960 Chic S L 8c N O gold 5s 1951 !jf .3??. Nov. 25 Nov. 19 Nov. 9 Nov. 26 Nov. 4 Nov. 7 1224 1134 1334 434 534 28"" Sale Sale ♦Certificates ♦♦Sec. 15 12 1624 Sale 9 24 30 H 924 14 5 6 5H 6 60 64 .„ ♦General4H*stamped........1987 ♦♦10-year secured IH*— .....1936 ♦1st 8c ref g 5a May 3037 ♦1st Ac ref 4Hs stamped.-May 3037 •1st 8c ref 4 Hs ser C May 2037 ♦Conr 4Ha series A— 1949 •{♦Chicago Rys 1st 5s stamped 7,000 Feb 11938 25% part paid 1927 389,000 {♦Chic RI 8c Pacific gen g 4s 1988 Jan. 14 10434 July 14 Oct. 104 # 30 41 • 80,000 129,000 170.000 789.000 101 % Apr. 104 111 < 123",000 11024 Nov. 19 11024 Nov. 19 11024 112 10934 M . 9734 Nov. 9 Mar. 31 Feb. 18 Feb. 18 106 105 F ...... Highest Sale Prices Jan. 19 10134 Sept. 29 106 Jan. 6 11034 Apr. 16 121 9734 Nov. 9 8534 Mar. 31 9 101% Nov. 28 10234 Nov. 102 Sale J J Bid Sale General ftold Lowest Sale Prices Sale Prices Sale Prices Ask Sale HN 5a 1939 4 Ha 1992 M 3 UN Ref Be lmpt mtfto 3 Ha aer D....1996 Ref Ac lmpt mtge 3 Ha aer R....1996 F A Ches Ac Ohio lat cons g Ask Bid Highest Lowest Nov. 30 Nov. 1 1938 EXCHANGE % 107,000 110,000 141,000 144,000 2,000 EXCHANGE—BONDS N. T. STOCK DEC., 1938] 107 10734 10624 Nov. 23 10724 Nov. 16 10634 Nov. 22 ,108 108 Sale Nov. 30 10324 Nov. 1 10524 Nov. 30 10524 Sale 15 1 11 19 12 Sept. Jan. 11134 Oct. Feb. May Apr. 10824 May 31 Apr. Sept. Apr. Apr. 9234 Mar. 924 Nov. Oct. 1134 Mar. 924 Nov. 40 Apr. 10434 10134 102 H 10024 9834 29 10924 Oct. 8 10934 Oct. 17 l*i624 Nov. 21 11134 Oct. 19 20 H Feb 10 21 Apr. 9 Apr. 4 Apr 16 Apr. I Apr. * 5 101 Jan. 106% Nov. 15 10924 Nov. 7 ± 106 7^ Nov. Oct. 31 107 10524 Nov. 15 10424 Oct. 29 2634 Nov. July 1734 Jan. 1634 Jan. 1134 Mar. 1534 Feb. 104 57 10 27 17 18 31 9 Nov. 12 May 13 10734 Aug. 10 10724 Nov. 16 108 Nov. 30 10524 Nov. 30 109 24 N. Y. STOCK Sales in Price BONDS November *7,000 Container Corp of Ana 1st Bid f ft ft«_1946 J D D fiold 5a Crane Co a 1 deb F A Ask 103 % 105 86 88 Vi 100 Sale Sale 100 Sale Sale 100 106 103 Vi 104 104 Vi Sale Sale Sale 103um Sale 34 Vi 38 Vi 734a aeries A extended to.....1946 44 Vi 50 6a aerlea B extended to.......1946 Sale Sale 44 Vi Sale 33 Vi 38Vi 36 1952 J Dayton Pr 8c Lt lat 8c ref 3% a... 1960 A O Del 8c Hud 1st 8c ref 4a 1943 MN J Delaware Pr & Lt 1st M 4Ha.....l971 J J 1st 8c ref 4 34 a 1909 J J lat mtfte Hold 4%a ....1969 J 1951 M N M N Denver Gas 8c El lat 8c ref 5a Stamped as to Pa {♦♦Dan 8c Rio Gr 1st tax.; 1936 J ♦♦Conaol gold 4 %a 1936 J t+Denv 8c R Gr West gen 5a Auftl955 F ♦Assented (subject to plan) J ft 4a cona 107% Sale 51% Sale 106% Sale 103 104% 106 10»% 107% 107% 12% Sale M J 12% A 5% 5% 8% - 1978 A O ♦Ref ft Imp mtge 5a aer B {♦Dea Molnea & Ft MMM M 15 7 Sale 108 108 Vi 108 55 Vi Sale 65 Vi Sale 106 Vi 103 Vi 103 Vi 106 106 Sale 106 Vi 107 Vi 107 Vi 106 Vi Sale 106 Vi Sale 12 Vi "1 13 15 Sale 7 6 9% 9 4% lOVi Lowest Sale Prices Sale Prices J J M 8 3% 8% ....... -1947 Gen & ret 436">BrlesD 1961 F A Gen 8c ret mtge 4a aerlea P.. 1965 A O Gen & ref mtge 3%a series G..1966 M S 16,000 ♦Detroit ft Mack lat lien g 4a....1995 J 1995 J ♦Second gold 4a Detroit Term 8c Tunnel lat gu 13,000 Dow Chemical deb 3s 65.066 7 100 99Vi Nov. 105Vi Nov. 10 106 Nov. 1 Nov. 18 104 Nov. 7 104Vi Nov. 2 lOS^uNov. 30 104 Vi Nov. 33 Vi Nov. 29 35% Nov. 9 39 Vi Nov. 10 38 Nov. 1 46 Nov. 9 43 Nov. 28 37 Vi Nov. 35 Vi Nov. 21 7 107 Vi 54 Vi 106 103 Vi Nov. Nov. 18 Nov. Nov. Nov. Nov. 15 Nov. 30 105 Vi Nov. 106 Vi Nov. 9 Nov. Nov. 106 Vi Nov. 11 Vi Nov. 13 Vi Nov. 3 1 Nov. 1 Nov. 3 Nov. 10 Nov. 4 Nov. 10 4% Nov. 4Vi Nov. 8 9 Nov. Nov. 4)4■ *61 D D M N 1951 J D 40 112 Vi 113 Vi 109 Vi Sale 105 105 Vi 38 70 113 111 4Vi Sale 112 110 26" "59" 38 55 108 Vi 110 103 Sale 99 Sale 106 Vi Sale 3 Vi 20 Vi Sale Nov. 181,000 Ry 3%s. 1962 A O J 49,000 {•♦Dul So Shore 8c Atlantic g 5a. 1937 J J 87,000 Duquesne Light 1st M 3% a 1965 J 15,666 Sale Prices 98 Vi Apr. 83 Mar. 29 100 2 105Vi Jan. 99Vi Jan. Nov. 6 106 29Vi Sept. 26 31 Vi Mar. 31 40 Oct. 26 35 Apr. 4 MS™ 43 13 1 Nov. 18 100 June 18 106Vi Jan. 102% Mar 30 26 19 Feb. 9 54Vi Feb. 58Vi Feb. 7 52 9 8 Feb. 105 Vi Feb. 5 109 Vi Aug. 15 59 Vi Nov. 18 10 108 Vi June 28 103 Jan. 14 105 Aug. 16 105 Oct. 28 108 Apr. 28 105 Vi Sept. 6 108 Vi July 22 106% Nov. 28 108 Vi July 22 28 106 Mar. 31 Oct. 8% Mar. 26 15 Feb. 14 9 June 16 16 Feb. 15 3 Vi Sept. 17 3 Vi Sept. 14 5Vi Mar. 31 8 Feb. 4Vi Nov. 26 Sale Sale 40 94 Vi Sale 105 Vi 106 Eastern RyM No Dlv 1st g 4a 1948 Eastern Tenn Ya ft Ga 1st g 5a ..1956 & O MN J J Electric Auto Lite conv deb 4a... 1952 p A Elgin Jol ft East 1st g 5a 1941 « N El Paso Nat Gas 4^1 series A....1951 J D El Paso & S W lat 8c ref 5a 1965 A 5a stamped 1965 A Erie 8c Pittsb gen gu g 3 Vis aer B.1940 J Ed El 111 Bkn lat con g 4a Ed El 111 N Y 1st cona g 5a 1939 1995 J J 1946 J J Series C 3 Via 147,000 {♦Erie RR 1st con ft prior lien 4sl996 609,000 ♦lat conaol gen lien 4a.. 1996 ♦Conv g 4s Ser A 159,000 1953 ♦Series B...... 92,000 .........1953 3,000 ♦Gen conv 4a Series D 1953 ♦Ref 8c lmpt gold 5a aer 1927 ..1967 746,000 ♦Ref & Imp 5s ser 1930 878,000 1975 10,000 ♦Brie Ac Jersey lat s f 6a ....1955 ♦Genesee Rlv RR 1st a f 6a i7,000 1957 ♦N Y 8c Erie RR ext lat 4s 3,000 1947 105 Vi "21% Sale" 107% Sale 107% 89% "95% 112 Vi Nov. 22 113 Vi Nov. HOVi Nov. 3 Ill Vi Nov. 109 Vi Nov. 4 HOVi Nov. 50 Nov. 18 50 — M M M M 110 103 Sale OA 3 98 17 Feb. 25 il* Aug. M M MMM 70% Sale J 53 Sale A 51 Sale A M MM M N A O J J J m MM M 42% 105 Sale 16 104 Vi Nov. 14 Vi Nov. lllVi Apr. Apr. 25 17 Nov. 15 56 M Sale Sale Sale iH Sale 14 Sale Sale 13 Vi 48 Vi Sale 60% Sale 4 102 Vi Nov. 85 Vi Nov. Nov. Nov. Nov. 106 Nov. Nov. 9 105 Vi Nov. J 46 MN 86 ♦♦3d mtge 4 Vis 1938 M S F A Ernesto Breda Co lat mtge 7a 1954 27,000 Fairbanks Morse deb 4a.........1956 J D 25,000 Federal Lt Ac Tf lat a f 5s 1942 M 8 40 Vi 20 Vi Sale 40 Nov. Sale 20 Vi Nov. 20 Nov. 21 Nov. 22 Nov. 11* 23 12 Nov. 14 Vi Nov. 12 Nov. 109 14 Vi Nov. 49 Vi Nov. 5 8!* 22 23 18 12 Vi Sale Nov. Oct. June Nov. Jan. Mar. 26 108 103 8* 45 90 86 Nov. 80 80 81 Vi 80 Nov. 85 Mar. 31 15 June 9% Mar. 9% Mar. 38 May 33 Vi Sept. 49 Vi Nov. 86 Nov. 48 Vi Nov. Nov. Mar. 10 May 10 1 3 3 3 6 23 Nov. 1 43 Jan. 3 42 Vi Jan. 3 105 Jan. 3: 85 Jan. 6 101% Jan. 13 70% 10Vi Sept. 26 10Vi Sept. 85" 2 12 24 103 Vi Sept. 16 88 Nov. 18 Mar, Jan. 16 90Vi Jan. 10 21 103 Vi Jan. 10 Nov. 26 134 7 31 109 Vi Nov. 16 106 June 10 109 Vi Mar. 2 102 Vi Feb Oct. 8 1 106 23% Nov. 23 Vi Nov. Nov. 24 lOOVi Sept. 14 105Vi Nov. 29 14 23 Jan. 7 Apr. 18 106 Jan. 28 111 Oct. 18 23 Vi Nov. Sale 7 Feb. 106Vi Oct. 101 45 12 Vi 45 Sale 50 33 June Apr. lOOVi Apr. 33 Vi Mar. 109 Vi Nov. 105 July May 98Vi 68Vi lOOVi 131 Vi 94 Vi 100 Vi Nov. 134 Nov. Nov. 102 Sale 42 114% Aug. 23 112% Aug. 19 llOVi Oct. 28 102Vi Apr. 102 41 Vi 4Vi Oct. 88 32 2 105 Vi Nov. 29 3 102 Vi 82 100 Vi 134 102 24 107 Nov. 99 105 102 105 82 Sale 84 82 100 Vi 102 Vi 100 Vi 134 134 Vi Sale 108 106 Vi Sale 106 107 Vi 107 105 105 Vi loi'vi 105 Vi 51 79 Vi 50 78 51 95 Vi 50 95Vi Sale 43 15 7 103 Vi Apr. Nov. 22 99 Nov. Nov. 4 106 Vi Nov. 109 Vi Nov. 22 110% Nov. 103% 104 103% A 20 Jan. Feb 20 94 j 105 J HOVi HOVi 109Vi Sale 103% 106% 131% 98% Sale 109 15 3 42 112 Vi 113 111 Sale 110 50 26 3 Vi Nov. 22 Duluth Missabe & Iron Range 5,000 41,000 3,000 1,000 174,000 1 Highest Sale Prices 104Vi, Nov. 18 104Vi Nov. 21 4Vi Sale 4Vi Sale 8Vi Sale Sale 3; 201 Sale Sale Sale Sale Sale Sale 107 Sale Highest D 1st gu g 4a..1935 Certificates of deposit. {♦Dea Plain*** Val lat guar 4%a Detroit Edison — 73,000 76,000 64,000 RANGE SINCE JAN. Lowest Ask Ask Bid 103 Vi 104 Vi 104 Vi 104 Vi 106 104 Vi 106 104 104 Vi 104 Vi Sale J 5Ha.....l942 Bid 38 a Cuba Northern Rya lat Cuba RR lat 69-yr g 5a Nov. 30 Nov. 1 34% f 4a........1950 MN 11 Crown Willamette Pap let 6a—1951 I Crown Cork & Seal 30,000 667,000 46,000 21,000 33,000 37,000 9,000 492,000 41,000 147,000 292,000 149,000 93,000 1938 Sft. 1943 J ■ Deb 105,000 51,000 57,000 55,000 84,000 75,000 11,000 16,000 PRICES IN NOVEMBER Jan. 3 STOCK EXCHANGE Value EXCHANGE—BONDS Jan. 53 Jan. 51 Jan. 36 Vi Jan. 60 5i",666 5a International series......1942 M First lien a f 5a stamped.. 1942 M 1st lien a f 6a stamped........1942 M 3,000 43,000 30.000 62 101 Vi 95 Vi 8 8 "95Vi "98" 8 99 4,000 36-year deb 6a aerlea B J 14,000 f Flat deb a f 7a... J 2,000 {♦Fla Cent ft Peninsular 5a.._..194J J 152,000 {♦Fla East Coast 1st 4Vis 1959 1 D ♦lat ft ref 5a ser A 712,000 1974 M S ♦Certificates of deposit 142,000 60 1954 J ..1946 J 19,000 1,000 2,000 39,000 D ♦{♦Fonda Johna 8c Glov ref 4Vis.l952 MN Proof of claim filed by owner ♦♦(Amended) 1st cons 2«4a...._ 1982 Proof of claim filed by owner.... MN ♦Certificates of deposit....... Fort St U D Co lat g 4 Via 1941 )~"j Francisco Sugar coll trust 6a 1956 MN Gas 8c Else (Bergen Co) 5s 1949 J D 12,000 Gen Amer Investors deb 5a aer A.1952 F A J J 69,000 General Cable lat a f g 5 Vis A 1947 J 44,000 ♦General Else (Germany) 7o 1945 J ♦Debenture 4 Vis 2,000 1940 J D 19,000 ♦S f deb g 6a.. General Motors Acceptance ..1948 MN Corp— 10-year debenture 3s__ 198,000 1946 15-year debenture 3Via 151,000 1951 84,000 General Public Service deb 5Via.l939 Gen Steel Castings 1st 5 362,000 Vis w W..1949 2,000 {♦Ga §c Ala lat conr 5s Oct. 1940 ♦{♦Georgia Carolina ......... 44,000 Gotham Silk Hosiery deb 5s w Gouv 8c Oswegatchle 1st 5a T,66o Grand R 8c I ex lat gu g 4Vis 95 Vi 60 57 Vi 6% 60 Sale 6 Sale 17 Vi l._ 2Vi 2Vi 104 60 117 Vi 118 100 Vi Sale 97 99 Vi 38 Vi 43 % - 38 Vi 1941 J 1947 1 1956 J lat 8c gen a f g 6 Vis Great Northern Ry— _ 1st ft refund 4Via Ser A Gen mtge 5 Via Ser B... Gen mtge 5s Ser 19 Vi D Sale Sale Sale 60 Vi 63 8Vi Sale 7Vi 9 3 3 17 Vi 1 Vi 1 2Vi IVi 98 Vi Sale 45 48 Vi 120- 103 Vi 104 Vi 53 Nov. 106 Nov. 101 75 Nov. 100 Nov. Nov. 101 Vi Nov. 93 Nov. Nov. Nov. 105 Vi Nov. 45 Nov. 60 Nov. 64 8 Nov. 1 Nov. 19 Nov. 19 Nov. 49 1 Nov. 19 Nov. 3 Nov. 30 121 Vi Sale Sale Sale 105 Vi 105 Vi Sale Sale 99 Vi 100 66 Vi Sale 12 52 Vi 54 Vi 106 Vi 106 Vi 101 Vi 62 Vi 12 Vi 1 Sale Sale Sale Sale Sale Sale Sale 18 Mar. 30 Mar. 30 103 % Nov. Nov. 7 1 104 102 Vi Nov. 28 104 Vi Nov. 1 54 Nov. 2 61 Vi Nov. 12 53 Nov. 29 52 Vi Nov. 29 Nov. 4 105 Vi Nov. 1 106 Vi Nov. 105 Vi Nov. 1 106 Vi Nov. 100 Nov. 16 102 Vi Nov. 71 Vi Nov. 61 Nov. 29 10 14 53 Vi Nov. 18 1 Nov. 18 60 18 23 14 Nov. 18 8 Nov. 19 Vi Apr. 29 97 34 121 104 Vi 105 102 Vi 56 Mar. 29 1% IVi Nov. 30 98 Vi Nov. 1 100 48 Nov. 16 53 Nov. 10 Oct. 28 Nov. 2 July 5 Oct. 21 17 Oct. Mar. 26 Nov. 21 93 Vi Apr. 12 105% Nov. 21 June 17 45 Nov. 7 2 Vi June 1 85 75 10 Vi Nov. 10 Vi Nov. 7Vi Nov. Mar. 18 Mar. 29 106 97 89 Vi Apr. 22 101 91 Vi June 23 95 89 Vi Apr. 27 100 89 Vi Apr. 2 101% 93 Vi Nov. Nov. Nov. June 59 Nov. Nov. Nov. 17 Vi IVi Sale Vi IVi 98 100 53 Sale 91 Vi Sale D 94 Vi 103 Vi Sale Sale J ...... J 1961 J 1952 J 87 104 Vi 106 Vi 100 85 39 39 39 Oct. 27 June 22 64% July 6 10% Nov. 12 10% Nov. 12 2% Mar. 2% July 2 June 103Vi Jan. 53 4 60 7 6 17 Nov. 30 10 121 Oct. Mar. 30 105 Sept. Mar. 30 104Vi Oct. Mar. 24 61 Nov. Mar. 28 53 Nov. Oct. Jan. 8 10 0 31 12 29 Nov. 4 101 Vi Mar 31 106% Nov. 101 Mar. 31 106% Nov. 89 Apr. 7 102% Nov. 37 Vi May 27 71% Nov. 10 14 23 13Vi Sept. 24 21 Feb. 14 1 100 Sale Sale 102% Sale Sale 89 86 99 Vi 99 Vi 102% 87 Vi 86Vi 85 25 Sale 104Vi 103 Vi 71 Vi 70 78 73 Sale 77 Vi 104 Hoe (R) ft Co lat mtge O {♦♦Houaatonlc RR con g 5a.....1937 MN 7 Nov. 5 83 Vi Nov. 3 77 77 80 Nov. 10 98 Sale 83 Sale 84 83 Sale 82 Vi Sale 95 Vi 95 Sale 88 Vi Sale 85 Vi Sale Sale Sale 73 Sale 60 54 60 7% 8 91 J Nov. Sale 96 J J 7 104 83 85 O J Nov. Nov. 22 Sale 90 Sale Hock Val 1st Nov. 17 lOOVi Nov. 3 Nov. 30 Nov. 4 100 Nov. 29 103 Vi Nov. 12 Nov. 18 Nov. 29 89 77 Sale 1946 A O 17 Vi Nov. 18 40 Vi Nov. 10 13 Apr. 25Vi Jan. 25 Jan. 12 40 Vi Nov. 10 78 Vi Apr. 4 13 85 99 Vi Sale KHackeneack Water 1st 4s ...1952 J ♦Harpen Mining 6a .........1949 J For footnote®, see page 30. 25 Sale 17 Vi Nov. 18 35 Nov. 3 1 100% Nov. 3 84 Mar. 31 100 Nov. 30 101 Vi Mar. 30 106% June 6 74 Vi Mar. 30 94% July 27 102 July 18 106% Jan. 19 80 J 1994 J ...1944 A 99 Vi 103 Vi 75 Sale 62,000 Gulf States St'l lat mtge 4 Vial"* 1961 A O 111,000 Gull: States Utilities 4s serlea C_. 1966 A O 4Via 100 17 Vi Sale "i",o65 10-year debenture 4Via 13 36 Sale O 1952 J 28 35 104 Sale Gulf Mob 8c Nor lat 1950 A SVis eev B 1st mtge gold 5a series C 35,000 1956 A Gulf 8c Ship Island ref 5a...Feb 1«52 J Stamped.. 13 33 25 ♦Income debenture ctfa B_.... Feb Greenbrier Ry lat gu g 4a 1946 MN Sale 105i« 105 Vi 105 38 55 45 9Vi Sale 9Vi Sale 53 Vi N 1973 J C........ Gen 4Via Serlea D...... " 1976 J Gen 4Vis aerlea E J ......... 1977 Gen mtge 4s series G J ........ 1946 con g 60 53 18 M S w. 1946 1942 J D '"5", 000 2,000 7,000 18,000 39,000 5,000 103 10517»j 38 45 48 30 Gen mtge 4a series H.......... 1946 J Gen mtge 3 Via serlea I.. 129,000 1967 J Feb 1,000 ♦Green Bay 5k West deb ctfa A.. 9,000 106 Vi 104 Vi 105 Vi 105 Vi 100 Sale 100 ' 93 Vi 93 Vi 99 Vi 100 99 99 Vi 98 101 101 Vi 99 Vi 101Vi 101 89 Vi Sale 93 98 89 100 42 96 50 Grays Point Term 1st gu g 5a D 19", 000 Gt Cona El Pow (Japan) 7a...... 1944 F A 37,000 86 94 Vi 78 106 ' 51 8c Northern- 307,000 Goodrich (B F) Co conv deb 6a.. 1945 J 1st mtge 4Vis 249,000 1956 J 529,000 HGoodyear Tire & Rubber 1st 5a. 1957 M 49,000 101 102 Vi 102 Extended at 6% to July 1 1934 1,000 9,000 ♦Good Hope Steel ft Iron sec 7s. 1945 348,000 96,000 46,000 75,000 247,000 595,000 307,000 102 97 Vi li* Sale Sale W::::: 118Vi Sale 51 Vi 61 46 76Vi 79Vi 70 99 Vi 93 Vi 85 76 84 Vi 75 54 Vi 7 Vi 72 74 45 166" 50 50 Sale Sale 88Vi Sale Sale 60 8 Vi 79 Vi 73 100 97 Vi Nov. 60Vi Aug. 10 49 Aug. 10 20 106*32 35 117Vi 119 70 Vi Sale 23 30 ..... 36 116Vi 118 65 Vi 70 26 Vi 31 Nov. 5 83% Nov. 3 99 Vi Nov. 98 Nov. Sept. 111% Jan. June 104 Jan. 90 Nov. June Jan. 82 Vi Nov. 85 82 Vi Nov. 94 Vi Nov. 84 Nov. 85 99% 90% 89% 103% 93 Vi Nov. 87 Vi Nov. 72 Nov, 26 71 Vi Nov, 28 75 92 Nov, 18 2 Nov, June June 90 Nov. 76 Vi Nov. 54 Vi Nov. 7 Nov. 7IVi Nov. 54 Vi Nov. 6Vi Nov. Nov. Nov. 99Vi Nov. June June Oct. 10617j2NOV. 35 Nov. 26 4 4 10617sjNov. 40 Nov. 12 27 81 82 27 108 Nov. 29 26 52 Mar. 25 Apr. 10 Jan. 10 Mar. 2 Jan. 25 Jan. 13 Jan. 20 Jan. 3 Aug. 22 93 July 27 95% Aug. 20 108% Nov. 12 105% Nov. 17 106% Aug. 16 109 2 4 Jan. Jan. 93 Apr. Apr. Apr. 4 Nov. 28 10 Jan. 3 3 10 11 5 103% Aug. 20 Mar. Jan. Nov. Nov. Nov. 116% Nov. 21 117Vi Nov. 67 Nov. 21 72% Nov. 60 Nov. Aug. Apr. 76Vi Nov. 73 Vi Nov. 75 95 82 June 91 Vi 95 92 Vi 94 Vi 95 107 Vi Sale 107 Vi 108 Vi 107 Vi Nov, 15 108Vi Nov. 105 107 Vi 106 Vi 105Vi Nov, 17 105Vi Nov. 10619j2 83 40 July Mar. 30 Nov. 28 81 25 Nov. 12 14 119% Jan. July 14 18 38% Feb. 17 Sales in November M. Y. STOCK Value Jan. 3 Bid * Illinois Central 1st 5 Is. 1st gold 3 his— ....... 44 Sale 11 % Nov. 60 x Sale 59 57% 58 X . ...... Gold 3 hi 10,000 1943 4h> series c Illinois Steel deben 39 June 21 60 X Nov. Nov. 10 50 July 28 75"" ~JanI""4 60 Nov. 10 al06% Sale Nov. 28 63 72 53 """Nov."2 2 Nov. 21 ... Sale Sal Sale 49 100% 100% ♦lit gold 5s series c Sale 45 Sale Sale Sale 57 55 91 17 53 M Sale 2X ♦1st 5c ref 4s Sale 97 34 Sale 1943 ♦Ctfs w w stpd (par $445)..... 1943 "2", 066 ♦Ctfs w w stpd (par $925).....1943 5,000 ♦With warrants (par $92f)....1943 "3",606 Keith Corp (b f) 1st ser g 4s....1944 1987 1,000 Kentucky Central ist gu 4i Kentucky 5c Ind Term 1st 4%a_„1941 70 332,000 39,000 12,000 23,000 15,000 9,000 14,000 11,000 18,000 1941 3ms-..1997 91 Nov. 95 104 96 77 X 14% Sale 49 Sale 55 102 101 103 % 100 X 14 Sale 103 Nov. 16 97% 103% 3 104 X 5 100 % Nov. 30 Nov. 50 54 43 46 X 46 X 45 57 76 65 50 99% 58 75 88 64 85 X 88 86 X 90 85% Nov. 23 55% Sale 29 X Sale Sale 58 Sale Sale Sale 84X 86." 88% 40 X 86% 90 40 40 28 32 11* 80 29% Sale 44 Sale 46 Sale 2l" 64 Sale 53 X 45 Sale 35 21% Sale 22% Sale 21 Sale 20 X Sale Sale 21% 23% 38% Sale ::::: 'six 26% 18% 28% 23% 25 29 23 58 65 27 66 58 75 117% 124 75 109% 114 110X 114 1 62 ' Nov. Nov. 1 1 20% Nov. 18 20% Nov. 16 63 , 85% Nov. 25 38 Nov. 18 90 40 80 72 95 Aug. 13 Mar. 21 IP Nov. 12 65 70 4 Nov. Nov, 22 9 69% Nov. 22 70 110% 102 Sale 102 59 63% 60 75 60 75 83 lt)l% Nov. 24% Mar. 31 48 Apr. 1 48 Mar. 31 78% Aug. 30 27 June 23 66 Jan. 3 26% Mar. 12 45 18% Apr. 19% May 16 72 July 12 30 Julie 7 34 Apr. 30 39% Nov. 22 Nov. 29 57% 25 32 July 18 25 Nov. 10 Oct. Mar. 31 33% July 25 25% Nov. 12 IP 40 Jan. 27 Nov. 12 IP 70 Nov. 2? 70 Nov. 22 Jan. 4 Jan. 5 Sept. 21 131 121% Apr. 7 126% Nov. 4 99 Mar. 31 112% Aug. 10 Nov. 94% Mar. Nov. 63% Nov. 12 50 60 Nov. 29 55 Nov. 84 Nov. 10 80 Nov. 3 83% Nov. 128% Nov. 7 Nov. Nov. 123 Nov. 83 73 9 - Sent. July Oct. Sept. 73% June 126 Nov. 12 Nov. 62 128 102% Nov. 26 84 40.. 85 105% June 28 118 Nov. Nov. 42% 99% 69% Nov. 22 58 Nov. 71 95 3 Oct. 25 Oct. 18 Oct. 19 Jan. 12 July 26 Aug. 2 Jan. 12 Jan. 10 Jan. 11 May 10 Jan. 3 Nov. 25 June 23 60 82% 82% 82 5^ 83% Sale 90 82% 82 X 83% Sale 127% 128 128% Sale 121% 122 X 121% 121% Sale 81X Sale 82 75 17 19 Mar. 31 15% Oct. 17 16% Sept. 19 Sept. 26 Nov. 12 Nov. 10 60 35% 13 27 109% Nov. 4 13 14 129% Nov. 126% Nov. 102% 59% 56% 6 90% Jan. Oct. 25 95% Jan. Jan. June 22 102 Nov. 10 25% 16 31% Jan. 25 90% Jan. 12 61% Jan. 13 Aug. 55 78 Nov. 10 27 6 14 12 11% 5 21% Nov. 23% Nov. 28 22% Nov. 28 2 18 Jan. 53% Jan. 49% July Nov. 12 26 129 X 80 Nov. 14 Nov. 1 Nov. 18 21 Sale 128% Nov. Nov. 125X 126% 125 107 Sale 106% Nov. 29 Ill 82% 4 4 49% Nov. 14 57% Nov. 25 Sale Sale Nov. Nov. 29% Nov. 16 30 124% 127 80% 83% 82% 16 17 6 11% Sept. 27 June 18 47 Sept. 28 47 Mar. 31 41% Apr. 44 Mar. 29 32% Nov. 110 94 Feb. 20% Feb. 24 27% Nov. 17 27%. Aug. 11 23 75 53% Nov. 29 84X Nov. 16 36 Nov. 23 88 Nov. 5 37% Nov. 16 27% Nov. 19 27% Nov. 4 77 X Nov. 18 43X Nov. 3 45X Nov. 1 107 96 s Nov. 3 Nov. 9 Nov. 14 Nov. 16 28 % Nov. 25 58 Nov. 16 124 129 Aug. 13 Mar. 21 70 104 130% 2 65% Nov. 10 89% Nov. 10 50% 43 Sale 41 Aug. Apr. 28 158 Oct. 82 Jan. 31 Sept.14 100% Jan. Apr. 29 106% Nov. 99% Oct. Aug. 16 96% Sept. 12 103% May 95% Apr. 22 104% Nov. 85% Apr. 8 100%. Nov. Nov. 12 47% 31X Sale 17 17 88 95 95 15 Nov. 14 83% Nov. 2 56 Nov. 2 55% Nov. 3 50% Nov. 2 62 29 X 25 19 71 14 Nov. 26 77% Nov. 29 48 Nov. 28 47 Nov. 28 45 Nov. 15 53 Sale July July 150 99% Nov. 82* 63 62 Nov. 14 Nov. 14 8 95 Apr. 3 June 15 108% Jan. Sale 80 95 22 36 Oct. Nov. 14 Nov. 14 106 % Nov. 50% 62 % 40%. Nov. 12 1 5 Mar. Jan. 10 Nov. 23 Nov. 23 156 82 Nov, 16 Nov. Nov. 98 X Nov. 26 53 X 62 Sale Feb. 24 9 17 72 95 98% 105 96 102 % Sale 101 30% 73 66 X 31 31 Jan. 12 90 4 Mar. 28 108% Jan. May 19 106% Feb. 28 102 % Nov. 25 102 X Nov. 25 156 165 156 80 83 X 85% 97 98% Sale 14% Sale 82% Sale 55% Sale 84 98% 92 65 94 Jan. 17 78% Mar. 30 90 86% Sale 6 9 June 18 IV* 82 104% 107 97 X 99% 103% Sale 103 X Sale 99 X Sale X Oct. 5% Nov. Apr. Jan. 29% 70 X 4s assented.................2003 111,000 Gen cons 4 mi 1003 200,000 4Mb assented.. .......2003 89,000 Gen conaol 5i ................2003 79,000 5s assented.............^...2003 25,000 1941 9,000 Leh Vail Ter Ry 1st gu g 5s 5s assented...................1941 2,000 1945 3,000 Lex Ac East 1st gu 5s 27 X Nov. 95 91 assented.................1940 Vat (Pa) gen con g 4a 3003 30, 20 Nov. 28 % 88 Sale 95M 4m« For footnotes, see page Nov. 28 25 9 26 June Nov. 28 20 37 50 80 99 102 June 29 25 Aug. 78 Nov. 14 72% Nov. 14 71 Nov. 12 108 Nov. 18 106 Nov. 12 65 X Nov. 68 X Sale 106 % Nov. Sale 105 X Nov. 50 98 57% Sale a.....1965 5c n y 1st gu g 4s 1945 Valley Coal 5s ..........1944 refunding 5s............1954 Nov. 69 X Nov. Sale 90 77 57 Guar ref gold 4s..........lm 40,000 4s stamped ........... 31,000 .... 35,000 LortVlard (p) Co deb 7s 5s 21,000 134,000 Louisiana fc Ark 1st is series a, 28 Nov. 12 Jan. 7 94 6 74% Oct. 100% Aug. 17 1% Sept. 14 40. June 16 88 July 14 9 40 X Nov. 12 36 Nov. 14 31% Nov. 82 83% 49 X 49 X reg—Dec 31 9175 78,000 Liggett 5c Myers Tobacco 7s..., 5s... 44,000 61,000 Liquid Carbonic 4s con? debs. Little Miami gen 4s series a ... i8i",666 Loew's Inc a f deb 3m> ....... 18,000 Lombard Elee 7s series a....... 1,000 ♦Long Dock Co 3 ms ext to...., ... 10,000 Long Island unified 4s 80 Sale Mar. Mar. 78 Nov. Sale 58 98 Nov. 10 Nov. 15 5% Nov. 96 92 28 85 78 80% Aug. 24 56 96 4 26 101x 105 92% 165 85% 3% Nov. 54 M Nov. 10 94 X Nov. 2 58 Sale 9 25 50 101 100% 101 98 % 99 85 20 40 155 107% 90 84% Nov. 19 85% 69% 63 X Nov. 30 100 X Nov. 23 100 X Nov. 28 72% 67 Sale "99 93 98 98 1st 5c refunding 6s Leh Nov. 12 97% Nov. 22 35 "39% 17 108 104 % .....1964 First 5c ref sinking fund 5i 1974 Sec 6% notes extend to 1943—.—. 7,000 38,000 Leh Vail Harbor Term 1st 5s....1954 1940 26,000 LehV(ny) 1st gu g 4 ml 387,666 85% Sale 98% 151 % 75 Lehigh & New Eng rr 4s 1st 5c 69 Co Ltd— ♦1st mtge Income Lehigh Sale 24% ::::: Lehigh Coal 5c Na? 4m« eer a—.1954 Cons sink fund 4m* eer c.....1954 Lehigh 70 61 d Nov. 58 105% 105M ... j 80 1 35 32 X 70 % 61 107 35 ... tKreuger 5c Toll class a ♦5s Uniform ctfs of deposit... 1959 61,000 62,000 Laclede Gas Lt ref ext 5s........1939 Coll 5c ref 5 m« series c 1953 135,000 Col 5c ref g 5Ms ser d 1960 21,000 Coll tr 6s series a ......1942 34,000 Collateral trust 6s series b.1..1943 Lake Erie 8c Western rr— 5s 1937 extended at 3% to 1947 Nov. 30 77 M 31% Sale 26 m 28% 22 1st Ac ref 4 ms 1954 13,000 8,000 Kinney (g r) 5%a extended to..1941 Koppers Co 4s series a... 1951 185,000 55,000 Kresge Foundation coll trust 4s. 1945 3 ms collateral trust notes 1947 129,000 Lake Shore 5c Mich Sou g 95 75 May 39X Mar. 74 Apr. 42 X Mar. 75 51 55 % 95 105 2% 3% 4%a unguaranteed...........1961 Kings County Elec Lt 5c Pow— Purchase money 4s ......1997 1,000 2,000 tings Co Elerated 1st g 4s.... .1949 1954 26,000 Kings Co Lighting 1st ref 5s Lautaro Nitrate 56 94 X 107 mn 1941 5s 4 3X 3 45 47% 16% Stamped.......—...........1941 2d gold Sale Nov. 10 Nov. 2 Nov. 10 1 Nov. Sale 87 Nov. 12 Oct. Nov. 12 Sale Sale 67 X Sale 8 10 20 Nov. 15 20 63 X 100 X Oct. 85 Nov. 21 84 10 Oct. 54 77 4 Nov. 12 17 85 Oct. 6 20 9 Nov. Nov. 15 Nov. Nov. 19 102 % Aug. 13 90 Nov. 12 4] 191 95 % Nov. 28 Nov. 28 85 Nov. 2 83 1 Apr Jan. 21 21 16% Nov. 23 17 30 18 17 12 11% Sept. 2% Apr. 11% Sept. 12 June 48 % Mar. 35 X May 80 X Apr. Nov. 28 Nov. 19 16 17 85 108 % 105 % 62 100 17 68 45 Mar. 31 65 86 Sale 30 69X Nov. 18 68 Nov. Nov. Nov. 69X Nov. 68 ; Nov. 92% Nov. 71 42 X Mar. 31 10 Mar. 30 40 Mar. 3 l)j 40 Sale 72 42 Nov. 17 Sale 83 Sale Sale 1st Mtge 4s Plain 85 X 100 X 45 1 Nov. 1 Nov. 29 9 May 18 , % Mar. 30 17 17 92% Nov. 12 89 55 Sale 77 1990 1934 ;264.000 t**k c Ft s jt m ref g 4s ♦Ctfs of dep (Bankers Trust) 108,000 1954 360,000 Kan City South 1st g 3s Ref 8c Imp 5s April 195s 153,000 1944 203,000 Kan City Term 1st 4s 78,000 Kansas Gas 5c el ist mtge 4 ha. .1980 7,000 83,000 £ 79 14.000 James Franklin 5c Clearf lit 4s.. 75,000 Jones 5c Laughlln St'l 1st m 4%a. ♦Karstadt (r) Inc 96 X Sale Sale 61 ... 1,000 Kanawha 8c Mich 1st gu g 4s... 52 % 69 95 Sale tlowa Central ry— 141,000 Sale Sale Sale 1 23 "§6" "Feb. "21 6 100X Jan. 25 Nov. 23 1 110 96 Apr. 101% Apr. 102 X Nov. 10 102 X Nov. 10 51 17 71 68 Nov. 55 18 3M Sale 16 X 75 1 34% Nov. 16 Sale 20 19 78X Sale 89 X 83 83 X 86 "§7% 89 Sale 66 X 89% Sale Nov, Nov, Nov. Nov. 4 110 Nov. 12 57 Sale 97 80 m b... First Hen 5c ref *%a ....... 11,000 383,000 Internet t St t deb g 4h* Conrertlble debenture 4^1... 558,000 Deb gold 5s 523,000 107 % Nov. 61 Nov. 67 X Sale 19 X 4% 9% 9% Sale 70 Refunding 4s series a........ Int Rys of Cent Amer 1st 5s Sale Sale 102 m Sale Intern Paper con? 5s series a... Sale 65 65 102% 28 w f 4s 66% Aug. 30 12% Jan. 3 Nov.30 67 18 67 X 65 .... Internet Hydro el deb 4a....... s 34 X Sale 188 109 % 68 Sale Sale 17 Sale 107 X 61 58 X 16% Sale 46 % 55 49% Sale 72 > Sale 161,000 t♦Internet Gt Nor 1st 6s a ♦AdJ mtge 4s series a.July 1 87,000 ♦1st mtge gold 5s series b 68,000 12 m 99% 100% 104 % ..... 67 20 8X Nov.30 Sale 86 67 96 M Sale Sale 55% Nov. 10 29 Mar. 31 51X Nov. 10 28 Mar. 30 104 % Nov. 29 107 % Feb. 24 Nov. 10 27 Sept. 30 40 Nov. 10 Nov, 10 1 Nov. Nov, 10 55% 3 51X 29 105 X Nov. 1 40 47 X Nov. 104 X Nov. ::::: 98 12% Sale 105 X Sale 34 deposit..... 31,000 ♦♦It-year 4% notes ...... 906,000 ♦♦It-year 7% notes. .... 548,000 ♦Certificates of deposit..... 107,000 109,000 Interlake Iron con? deb 4s Int Agrl Corp 1st St coll ctf 5s— Stamped extended to....... 1,000 Int Here Marine 1st 48 67 51 % Sale Sale Sale .05 X Sale ♦Ilseder Steel Coip 6s. ♦Certificates of 271,000 119,000 195,000 138,000 12,000 53 52 34 53 X 49 X Sale Sale 44 1943 4hi..:.....1940 Jolnt 1st 5c ref 5s ser a 1948 Ind Bloomlngton 5c w 1st 4s....1944 1950 "i',666 Ind 111 5c la 1st gold 4s 1+Indlanapol 8c Louis? 1st gu 4s 1956 Indianapolis Union ry— Ref 5c impt mtge 3h> ser b 72,000 Inland Steel 3%i series d....... 1,195.000 $ Inter boro r t 1st & ref 5s._... j.29,000 Nov. 14 28 May 11 June 1 Jan. 21 84 Nov.~~2 53 7 50 X 66 % 40 X Oct. 60% Nov. 21 3 Nov." 2 60 60 14 Western Lines lsr g 4s........ 111 Cent 5c Chic St l 8c n o- 408,000 108,000 58,000 29,000 55 X Nov. 6l"*"Nov. 57 X Nov. 14 48%. Oct. 28 52% Nov. 12 47 95 75 Sprlngf Dl? 1st g 3%■„„...... 12",6o6 53 60 54" St Lou Dl? 5c Term g 3s Jan. 12 Oct. 28 60%~Nov. 17 90 59 X Nov. 79% Mar. 29 July 11 June 8 78 61 84 71% Louis? dl? 5c Tor g 3%a Nov. 14 Nov. 9 66 X 93 X 34 X Apr. 1 44 X July 27 31 May 27 39 Apr. 2 23 ' Mar. 29 57 X Nov. 14 47 Nov. 25 52 % Nov. 12 49 98 19 X'Mar ."30 37 Nov. 14 61 28 51X Nov. 28 47 Nov. 25 48% Nov. 3 59 Nov. 23 43 X Nov. 28 50 Sale 48 Litchfield di? 1st g 8s........ Omaha dl? 1st g 3s.... 54 X Nov. 111 Apr. 5 Oct. 28 77 X Apr. 49 47" 44-year 4hs Cairo Bridge gold 4s.......... 24 79 X Sale July 26 July 14 Oct. 25 Jan. 17 61 85 "75" ...... Refunding 5s................ 23 Mar. 31 4 Nov. 122 % 12 11% Mar. 31 106 X Apr. 4 40 14 X Nov. 10 111% Nov. 2 110% Nov. 18 4 Mar. 13 Aug. 5 39% Nov. 26 4 103 99% Jan. 85 55X Sale Coll tr g 4s................... 12,000 Sale Sale Prices 118M Apr. 93 56" Purchased lines 1st 3%a ~2~ 666 Nov. Sale ll\* 89 80 77 X 77 X ........... Refunding 4s...... 1.000 124 101% Nov. 31 Nov. 122 X Nov. Sale 111 Collateral trust gold 4s....... 197,000 48.000 581,000 Sale Sale 50 Extended 1st g $%•._........ 1st gold 3s sterling........... 44,000 146,000 Sale 101% Sale 32 % Sale 121% a 45,000 Houston oh sink fund 474.000 Hudson Cost lit a f 5a series a.. 14,000 Hudson County Gas 1st 5s 437,000 Hudson 5c Manhat 1st 5c ref 5s a. ♦ Adjust Income 5s ..Feb 554.000 78.000 Illinois Bell Telep 3ht ser b Highest Sale Prices Sale Prices Nov. 15 9 102 Nov. 26 2 39 j Nov. 4 122 j 4 Nov. 1 23 50 Sale Prices Ask Ask SINCE JAN. 1 Lowest Highest Lowest Nov. 30 Nov. 1 1938 EXCHANGE RANGE NOVEMBER IN PRICES Price BONDS •J 5 EXCHANGE—BONDS N. Y. STOCK Dec., 1938] Apr. 115% Apr. 60 June 102% Nov. 26 63% Jan. 18 4 90 Jan. 87 Mar. 10 88% Jan. 12 88% Mar. 2 1 129% Mar. 125 July 28 8 85% Oct. 26 N. Y. STOCK EXCHANGE-BONDS Sales in November Value Price Jan. 3 1938 BONDS N. Y. STOC EXCHANGE S 63,000 Louisville Gas & Elec 7,000 Lou & Jeff Bridge gu ' 341,000 • Bid 3 Ha g 1966 M S M 4a......1945 8 Louisville & Nashville RK— Unified gold 4s. 25,000 55,000 1940 J 1st & ref 5s series B 1st & ref 4Ha uerles 1st & ref 4s 17,000 7,000 6,000 3,000 24,000 7,000 1st it ref 3H* series E._.......2003 Paducah & Mem Dlv 4a_... ..1946 St Louis Dlv 2d gold 3s... 1980 Mob at Montg 1st g 4 Ha 1945 South Ry joint Monon 4s 1952 ser Atl Knox & Cln dlv g 4s 93 A 79 F 8 M S J 1,057,000 {^Manhattan Ry 233,000 54,000 14,666 10,000 112 84 H 1955 M N 111 99 N 89 D 55 g 4a_.1990 A con 1st ext 4s A C 662* Q J 84 H 95,000 Metropolitan Edison 4Ha oer D_. 1968 M 32,000 Met Water, Setter Ac Drain 5He__1950 & 48,000 ♦{♦Met West Side Kiev (Chic) 4s. 1938 r ♦Mex Internat 1st 4s asstd 108 ° a 101 M 1977 Jack LAS gold 3H»--1st gold 3Ho Ref & Imp 4H* series C 1951 M S ..1952 MN - 5,000 10,000 {♦Midland of N J 1st ext ♦1st ext 4He ♦Con ext 4Hs 1979 J 1940 A ext 5s li", 666 59,000 4,000 O 4Hs (1880).. 1934 J D 1939 J D ........ 2,000 52,000 {♦Mil Spar A N W 1st gu 4s • J 1949 M g 4s 197,000 133,000 8,000 286,000 285,000 12,000 598.000 1,144.000 23,000 349,000 3,000 300,000 183,000 7,000 852,000 4,000 Sale 2 — 82* 12* 100 Sale 26 8 103 104 87 2* 91 18 24 60 95 94 402* 15 83 32 42 172* 73 82* 32* 8 9 A* Sale 62* ' 22* Sale 152* 11 34 47 68 H 56 7 52* Sale 67 ♦1st A refund 5s series A.....1965 F ♦Certificates of deposit.... 8 202* Sale 192* Sale 182* ' 20 62* Sale 18 1977 M N 72* Sale 202* Sale 1978 MN 182* Sale 18 18 ♦1st ref gold 5s series H ..1980 A A ♦Certificates of deposit.... •1st A ref 5s ser I ♦Certificates of deposit 52* Sale 19 2* Sale 18 1981 UN . ...... 7 Mar. 14 28 Oct. 17 36 20 H 19 21H Sale 20 1 Nov. 26 Nov. 30 32 Jan. 13 103 60 June 15 4 892* Jan. 12 Mar. 7 Sept.22 77 Mar. 15 Mar. 15 77 312* Sept. 15 52 May 7 Jan 4 60 312* Sept. 20 Feb. 23 132* Apr. 19 20 152* Nov. Nov Sale 8 22* 12* 72* 52* 72* Nov. Nov. Nov. Nov. Nov. 3 Nov. 12 3 3 30 72* 32* 12* Sale Sale Sale 42* Sale >7 Sale 12* Nov. 25 652* Nov. 17 9 Sale 412* Nov. Sale 51 82* Nov. 4 32* Nov. 30 4 29 Mar. 31 June 4 Nov. 29 Nov. 1 2 June Sale 182* 20 192* Sale 182* 4 42* 192* Sale 182* 192* Sale 182* 202* 30 11 14 Nov. 52* Sept. 22 30 22 4 58* 102* Nov. 2 62* 4 Nov. 2 3 Nov. 5 Nov. 30 Nov. 14 95* June 9 142* Feb. 18 62* Mar. 2 1 Nov. 28 7 ■ Nov. 30 Oct. 3 Apr. 25 !-:> Sept. 27 602* Jan. 10 185* June 48 Mar. 31 67 282* Mar. 31 50 352* Nov. 12 28 33 37 19 Nov. 12 Nov. 12 25 Apr. 142* Nov. 29 10 Mar. 31 Sale 162* Nov. 28 Nov. Nov. Nov. Nov. Nov. Nov. 145* Sept. 28 145* Sept. 23 172* 162* 52* 172* 162* 172* 162* 32* 172* 162* 172* Sale 162* Nov. 28 17 Sale 17 60 24 Sale Sale 42* Nov. 29 162* Nov. 28 Sale 162* Nov. 28 202* 182* 62* 202* 192* 202* 18 18 Sale Sale Nov. 22 Nov. 23 Nov. 17 32* Nov. 29 162* Nov. 28 10 2 14 12 9 10 Nov. 17 42* Nov. Nov. 10 Mar. 29 145* Sept. 26 142* Sept. 27 145* Sept. 26 15 May 3 Mar. 30 Nov. 23 Nov. Nov. 12 Nov. 145* 152* 142* 142* 65 Nov. 5 65 Nov. 602* Juiy 22 Nov. 18 25 Nov. 12 NOV. 25 _ 52 Sept. July Sept. June 28 15 Nov. 14 1 Jan. 4 July 422* July 455* July 24 July 23 25 25 25 252* Feb. 26 23 Feb. 8 Jan. Mar. 31 4 202* 182* 202* 182* 17 3 27 Nov. 12 Sale 16 5*4 Jar. Nov. 10 44 Nov. 28 Feb. 705* July 67 52 57 352* Nov. 30 312* Nov. 28 17 82* Odt. 20 35* Aug. 25 32* Feb. 4 14 352* Sale 312* Sale 312* 34 17 10 Jan. 792* June 17 172* Nov. 10 Nov. 23 Sale Oct.17 101 15 372* y ' Nov. 73 12* 72* 52* 6 8 15 {♦Missouri Pacific RR Co— 1949 MO 4 94 132* Nov. 30 Sale Sale G_. Oct. 1032* Apr. 7 1102* July 992* Sept. 15 1032* Feb. 8 Nov. 52* Jan. 21 74 il 66 3 deposit..... 9 Feb.10 1042* Nov. 1 Nov. 26 Nov. 3 94 32 9 Sale of Aug. 97 80 Sale 62* 60 92* 18 ser June 23 95 2 Sale 72* 102* 32* 42* 12* Sale 642* 662* 412* Sale a 34 36 ♦Certificates of deposit ♦Convertible gold 5Ha 135* Mar. 552* Nov, 91 Apr. Nov. 132* 8>i 32* 2 Nov. 18 102 87 32 23 Sale 40 Sale 38 2* 49 23 Sale ♦Certificates Apr. 872* Nov. 25 65 52 3 J 1st A ref g 5s 1 7 75 Jan. 9 74 75 16 95 '382* 52 162* 232* 55 2 72 95 O ♦ 1 4 36 May 132* Oct. 1 Nov. 22 1102* Nov. Nov. 28 101 Nov. Nov. 7 8 Nov, 13 Jan. 55 85 68 -Nov. 16 .Nov. 1 ^ov. 862* Nov. 872* 942* 75 152* 1967 A ♦1st A ref 5s series F Nov. 18 24 942* Sale 382* 152* Sale 4$: 90 88 712* 75 125* Sale Ml Nov. 16 345* Nov. 16 242* Nov. 16 31 28 84 452* Sale ...1975 172* Mar. 162* Apr. 10 Mar. 70 Mar 915* Jan. * 102 89 J ♦General 4s Nov. 30 12* — Nov. 12 105 Mar. 85 59 109 1072* Nov. 17 20 Nov. Sale Sale 110 101 8 6 June 80 102 104 2* 17 37 872* Nov. 25 Sale 11 80 July Nov. 17 Nov. 30 Nov. 1032* Jan. 1112* Jan. 982* Feb. Oct. June 972* Apr. 932* Mar. Aug. Nov. 16 342* Nov. 16 242* Nov. 16 552* Nov. 1032* Nov. 12 70 132* 592* Mar. 30 Jan. 3 1 36 Nov. Jan. Jan. June 98 Nov. 12 Nov. 100 85 87 Sale J Jan Sale 542* Sale 1962 J ..1978 J 4Ha ser D ♦Cum adjust 5c merles A Nov. Nov. Nov. Nov. 352* 34: 25 322* 312* 292* 192* 55 Sale 1942 J Pr Hen mtge Sale "isf" 822* 72* 10 2* ......1990 RR— Prior lien 5s series A... 45 35 35 Sale 6 Mlssour-Kansaa-Tsxaa 40-year 4s series B Nov. 101 22* 8 101,000 {♦♦M St P A S S M 4s stpd guar..1938 38,000 ♦♦1st cons 5s 1938 70,000 ♦♦1st cons 5s gtd as to Int......1938 11,000 ♦Ist A ref 6s series A 1946 31,000 ♦15-year g 5 Ha 1949 8,000 ♦1st ref 5 Ha series B 1978 141,000 {♦Missouri-Illinois RR 5a aer A..1969 75,000 Mo Kan A Tex 1st 43 102H 1942 ; 45 Sale 1102* 20 1947 MS {♦Mllw A State Line 1st guar J 3Hsl941 I {♦Minn A St Louia 5s ctfs 1934 MN ♦ist A refund gold 4s. •Ref A ext series 5s A 105 75 Sale 40 2* 1939 Nov. 1032* Nov. 87 59 Apr. 68 1072* Nov. 17 72 101 20 "70~" IH ♦4s (Sept 1914 coupon on) 1977 M S ♦Mlag Mill Mach 1st a f g 7s 1956 J D Michigan Central-Detroit Ac Bay 10,000 City Air Line 4s J —......1940 J Nov. 106 lale 85 55* S 982* 30 Sale 104 8 76 109 Apr. July July 972* Nov. 4 8 Jan. 102 5 935* Feb. 28 Jan. 90 6 85 July 25 105 82 112 June 65 96 1 "8l"" 84 M N 74 nH Sale Sale 81 100 765* Sale 75 1 72 1032* 47 H Sale 20 90 80 25 9 Nov. 23 Nov, 80 106 Sale 322* 312* Sale 292* Sale Sale 85 70 1959 M N J J {♦♦Mil A Nor 1st 57 44 99 Nov. Nov. 12 Nov. 16 832* Nov. 18 79 ' 25 75 72 972* Sept. 832* Apr. 109 75 Sale 7 1072* Nov. 25 June 23 1072* Mar. Nov. 12 Nov. 12 80 Nov. 31 1092* Nov. 10 e76 Nov. 16 702* Nov. 104 Nov. 14 1032* Nov. 842* 792* 982* Sale Prices Sale Prices 102 Nov. 14 Nov. 9 , 1 Highest 1012* Apr. 22 104 49 91H 22 5* 12 5* ♦2d 4s .............2013 J D Manila El Ry It Lt 1st 5s ...1953 M 8 Manila RR South Lines 1st 4s 1939 M N 712* 104 1052* 1032* Sale Sale Sale Prices Nov. 23 101 932* Nov, 30 88 Nov, 23 86 Sale 80 702* Sale "23 2* "25" O ♦Certificates of deposit..... {♦Man G B Jt NW 1st gu 3H0...1941 64",666 Marlon Steam Shovel s f g 6s 1947 37,000 Market Street Ry 1st 7s....Apr 1940 133,000 Mead Corp 6a with warrants 1945 ~i",6o6 99 H 99 D 109 25 98 ..Feb 1 1957 MN (N Y) 96 111 Lowest 1072* Nov. 25 5 1042* Nov. 100 Sale "96"" 103 A Sale 82 Sale 80 108 Sale J 241,000 McKesson at Robblns deb 5Hs_..1950 M 25.000 Maine Central RR 4s series A....1945 J 30,000 Gen mtge 4Ho aeries A 1960 J 78,000 Manatl Sugar 4s a f / 86 Sale 972* M Highesx Sale Prices Sale 89 902* 80 RANGE SINCE JAN. Lowest 1072* Sale 1062* Nov. 1042* 1052* 104 Nov. 1002* 972* 932* 95 88 Sale NOVEMBER -As*! Ask Bid Sale 1002* Sale 1002* f deb 5s._1951 M N s Sale IN Nov. 30 1062* Sale A ♦Lower Austrian Hydro-ElecOHa 1944 F 17,000 McCrorv Stores Corp Bid 104 A C........2003 D.............2003 47.000 Ask '1032* Sale 106 5* 109 2* 105 .......2003 A PRICES Nov. 1 26 10 252* Feb. 25 23 Feb. 26 252* Feb. 26 23 Feb. 62* Jan. 26 11 252* Feb. 26 23 Feb. 26 27 17 252* Feb. 26 23 Feb. 14 65 Nov. 26 ■ 1,000 ♦♦Mo Pac 3d 7s ext at J 4*-.July 1938 J {♦♦Mobile A Ohio gen gold 4s 1938 M S 38",660 775,000 308,000 ♦Montgomery Dlv 1st g 5s 1947 ♦Refunding A Improv't 4Ha'..197? ♦♦Sec 5% notes F A M 17 2* 88 75 Sale S 1938 M S 5.000 Mohawk A Mai 1st gu g 4s 1991 M S 30,000 Monongahela Ry 1st M 4s ser A..1960 M N Monongahela West Penn Pub Serv— 62,000 1st mtge 4 Ha 196e 80,000 68 debentures 1965 449,000 Montana Power 1st A ref 35*«—1966 10,000 Mont Tram 1st A ref 5s series —... O sg \rA 78 107" 1022* Sale O 92 D 90 J 100 A..1941 Sale Sale 100 2* 642* 18 24 50 20 29 2i Sale 302* 34 332* Sale 572* 522* 102 2* 103 103 Sale Sale 55 104 1072* Sale 1072* Sale 99 992* 992* 100 982* Sale 972* Sale 99 982* Sale General A refunding 5s A.....1955 O 77H 75 Gen A ref 5a series B ....1955 Gen A ref s f 4Ha ser C 1955 Gen Aref sf 5sserD 1955 Morris A Essex 1st gu 3Ha... 2000 79 79 80 Nashville Chat A D MN MN J ..... 712* Sale 55 60 49 % Sale 522* Sale 49 51 Sale 68 70 D MN St L 1st 4s A..1978 Nassau Elec guar gold 4s stpd... 1951 National Acme 4 Ha extended 1946 J National Dairy Prod deb 3Haww'51 M Nat Distillers Products deb 4Ha.l945 M Nat Gypsum 4Ha s f debs 1950 M National 1132* 114^ on. Sale 542* 169,000 3,000 335,000 "2",666 1,000 5,000 322* Nov. 12 362* Nov. 12 55 Nov. 15 Nov. 14 107 472* 1032* 1032* 115 1162* 1142* 992* J D N N 652* 712* 2* 24 972* 1002* 992* Sale 22 105 Sale N 342* Sale 32 ..1957 Mar. 31 10* 85 84 Apr. 20 1' 0 Apr. 2 99 Sept. 29 101 Mar. 8 75 73 72 2* Apr. 662* 54 Nov. 53 Sale 47 Nov. 30 Nov. 23 70 Nov. 2 71 332* Nov. 5 36 7 Nov. 14 Nov. 17 Nov. 14 562* 58 54/ Sale 1032* Nov. 29 1042* Nov. 9 1152* Nov. 23 1152*; Nov. 23 992* 3 992* Nov. 992* Nov. 3 101 Nov. 19 101 • . ' Oct. 17 Mar. 24 June ll* 69 74 5 Nov. 16 Nov. 28 Oct. 28 Feb. 23 July 25 Apr. 22 May 27 Mar. 24 Jan. 3 19 15 101 ' Sept. 28 1042* Nov. 9 112 Oct. 18 May 10 116 Oct. 24 992* Nov. 3 100 17 11* 62 Jan. 55 2* Jan. .v- 9 1042* Nov. 25 106 Nov. 7 107 5 1042* Nov. Nov. 74 47 22 342* June 17 342* June 17 t Nov. 3 Nov. 17 Nov. 19 1032* Nov. 1032* Nov. 2* Nov. 25 8c* 2* 2* 1 3 12* 2* Nov. 25 50 Juries 1 Mar 31 18 . 962* Feb. 922* Apr. 71 Nov. 39 Aug. 3 July 11 15 101 3 4 1045* Oct. 17 100 Mar. 30 107 Aug. 4 1002* Sept.15 1042* Nov. 3 ♦Assent warr A rets No 4 on. 1951 Nat Steel 1st coll mtge s f 4s.. 1965 J~D {♦Naugatuck RR 1st g 4s 1954 M N Newark Con sol Gas 5s 1948 J D {♦New England RR cons 5s J guarl945 J J 22* 2 J* 12* 2* 12* 12* "2 2* g iH & 107 Sale .. 117 108 1192* 20 52 33 1192* 222* 25 Sale 28 23 2* Nov. 17 2* Mar. 30 25* Feb. 28 2* Sept. 22 12* Mar. 26 32* Feb. 28 1% Feb. 15 2* Nov. 1072* Nov. 2* Nov.. 1082* 65 19"" Feb. Feb. 12* Nov, 17 12* Sale 1202* 123 25 242* 1 " 65 80 252* Sale ■ IH Nov. 2* 12* 12* 2* Oct. 10 22* Feb. 23 2* Nov. 42*a— 19 1 ♦♦Assent warr A rets No 4 J on..1926 J ♦4s April 1914 coupon on .....1951 A O ♦4s April 1914 coupon off 1951 A O For footnotes, see page 30. 26 96 2 Nov. 12 Oct. Nov. 28 Nov. 99 IF 672* July 985* June 31 1075* Jan. Nov. Nov. 25 Mar. 25 1 1957 1945 J 9 1 ♦4s April 1914 coupon on ..1977 A O ♦4s April 1914 coupon off 1977 A O ♦Assent warr A rets No 5 on. 1977 Nat RR of Mex prior Hen ♦Cons guar 4s 82* Mar. 25 5 90 Aug. 15 282* July 29 502* May 25 98 Sale 1012* 1032* Sale 1042* Sale Sale 107 1062* Sale 1042* 1042* 1042* Sale 7 9 982* Nov. 15 100 972* Nov. 16 99 Sale 100 ♦4Hs July 1914 coupon on ..1957 ♦4Hs July 1914 coupon^ff ..1957 ♦Assent warr A rets No 4 on. 70 June 13 2* June Nov. 16 Nov. 25 108 73 36 11* ... ll",660 Nov. 28 Nov. 17 1; A Rys of Mexico— ♦4Hs Jan 1914 coupon 6,000 53 80 o o 1941 MN 77,000 30 1022* Nov. 25 103 • 79 82H 752* 262* Nov. 28 . 75 o 63,000 76,000 Constr M 5s ser A............1955 91,000 Constr M 4Ha ser B 1955 172,000 Mountain States TAT 3Ha._.__1968 10,000 Mutual Fuel Gas 1st gu 5s 1947 1,000 Mutual Union Tel 5e___, 15,000 70,000 V 1,000 440,000 125,000 5 98 1202* Nov. 10 1202* Nov. 10 222* Nov. 19 222* Nov. 19 19 Nov. 30 19 Nov. 30 5* 103 Nov. 7 25* Feb. 28 Mar. 31 1085* Nov. 14 3 121 1162* Feb. Aug. 3 222* Nov. 19 322* May 12 19 Nov. 3« 31 May 11 N. Dec., 1938] Sales in $ 57,000 37,000 .... ' It. T. STOCK EXCHANGE . Nov. 1 1938 Bid Ask Nov. 30 • W 57 45 52 97 Sale 101% Sale 100% Sale 69 H Sale 103 Sale Sale 96 H 107 H 107 H 107% 73 69 70% 54 51% Sale 76 51 36 54 34 33 34 30 32% 49 n x8ih 34 42 Sale It* 34 |3h i* 37% Sale a ! 44,000 190,000 a o Sale 57 a o 71 Sale 62 83 Sale 66% Sale ; n 10,000 38,000 31,000 , 109,000 ; 39,000 94% 93% 95% 96% 64% Sale 85% 81% 75 85% n 22,000 69,000 n 90 Sale 62 1947 Purchaae money coll tr g 107% 108% 109% 48% Sale I03"" Sale 1965 aerlea d lat lien Ac ref 3h* aerlea e y Ac Erie—See Erie rr. y Gaa el Lt Ht At Pow 5a n y Ediaon 3%• n 77 Sale Sale Sale 74 3%s extended to y Connecting let gu 4%a a— 1953 1953 lat gtd 5a aerlea b...... ... 1951 y Dock lat gold 4a 1947 Convertible 5% notes lat mtge 1966 4a— 1949 Sale 103 1948 j 1,000 ♦n y At Greenwood Lake 5a .... : 8,000 n y Ac Harlem g 3ha. 5,000 n y Lack Ac Western 4a aer a... Guar 4h* aerlea b 1,000 .... ♦n y l b At w Goal At rr 5hs.. ♦Dock Ac Impt lat 5a......... n y At Long Branch gen 4a. ... 78 d f a .1946 un 123 123% 113% 114% . .3666 m n .1973 m n a Sale Sale 77 82% Sale 64 H 57 H 60 *2",600 lat 4%s. .1946 44 Nov. Sale Sale 95 Nov. Sale 70 Nov. Sale 75 Nov. 102% Nov. 115% Sale 5a .... 1961 f Co deb 5a— North American 51,000 North Am Ediaon deb 5a aer a...1957 Deb 5 h« aer b Aug 15 1963 71,000 Deb 5s aerlea c......... Nov 15 1969 244,000 52,000 North Cent gen Ac ref 5s aer a—.1974 Gen Ac ref 4 ha aerlea a -.1974 ♦Certlflcatea of dep 1st mtge extended ..1944 4a...................1967 3%a ........1972 Oklahoma Gas 65 98 15% Nov. 14 Nov. 70 61 69 60 64 70 64 104 % Sale Sale 13 12 6 40 47% 103 % Sale 10o% 65 % "80"" Sale Sale Sale Sale Sale Sale 55 Sale Sale 77 58% 104 75 87% 97 Sale Sale 10 July 9 121% Sept. 29 125 112% Apr. 16 117% Nov. 29 A* 40 103% 108% 63 Sale 47% Sale Sale 72% 3% Sale 109% 110 Sale 108 96 96% 101 19 IV Sale" Sale 72 118% Sale 106 % Sale Sale Sale 104 Sale Nov. 2 64 Nov. 4 2 64 Nov. 2 93 85 Apr. 8 96 % Mar. 11% 11% .11% 11% 13% 21% 5% 12% 52% Sale 96% Sale 101% 102% Nov. Nov. Nov. Nov. Nov. Nov. Nov, Nov. 10 13% Nov. 10 16% Nov. 12 25 Nov. 9 8 Nov. Mar. 8 Nov. 68 Nov. 23 49% Nov. 108% Nov. 51 Nov. 1 49 June 51 Nov. 21 106 July 25 May 10 23 97% Nov. 17 92 28 9 101 97 109 5% Mar. Nov. 15 105% Nov. Nov. 1 Nov. 21 101% Nov. 9% Nov. 30 13% Nov. 101 98 80 f j a 4% 40% 103% 108% 7 Nov. 14 Nov. 22 5 40% Nov. 5 Nov. Nov. 14 103% Nov. 2 Nov. 3 Nov. 30 ilO - m s 13 12 72% 3% 108% 107% 96 74 Nov 4% Nov 30 3 109% Nov Nov 10 107% 97 ~ Nov, 3 13 5 28 3 Nov. 10 Nov. 17 Nov. 23 Nov. 12 Nov. el02%Nov.25 19% Nov. 10 17% Nov. 1 30 56 Nov Nov 117 Nov 2 10 60 104 Nov. 1 105% Nov. 104% Nov. 16 106% Nov. 103 Nov. 16 104% Nov. 85 52 Nov. 10 Nov. 12 114 j d f a Oregon rr At Nav con g 4s .1946 Line 1st con g 5a—1946 1st guar cons 5s atamped 1946 Ore-Wash RRAtNav IstAcref 4s—1961 Otis Steel 1st mtge 4%a a.. 1962 Pacific Coast Co 1st « fta 1946 Pacific Gas Ac el 4a aer g 1964 1st At ref mtge 3%a ser h 1961 1st Ac ref mtge 3%s ser i —1966 Oregon Short For footnotes, see page 30, m n d 82% 83% Sale 48 49% Sale 53% 50 53% uo 56 X4, Sale oait) 61% 62% Sale 68% Sale 57 57% 58 60% 59 58 60 57% 105% 106% Sale 105% Sale 7% Sale ..... 101 % Sale 113 Sale 117% Sale 73 % 58 109% Sale 105 % Sale 101h Sale 3 Nov. 22 3 19 9 July 7 Jan. 24 1072 96% Apr. I 104% Aug. Nov. 30 110 July 22 115 104% Oct. 17 116% Jan. 28 23 June 29 <0 May 28 67 41 June June 40 June Nov. 28 Nov. 57% Nov. 14 70% Nov. 14 61 Nov. 10 60% Nov. 10 106% Nov. 28 5% Nov. 4% Nov. 5% Nov. 18 5% Nov. 9 Nov. Nov. Nov. Nov. 53% June 46 June 45 June 102 June May 11 93% Jan. 7 62% Jan. 12 76 Jan. 13 88% Jan. 11 Jan. Jan. 10 14 79 80 1,6% Nov. 28 100 5 4% 4% Sale 105% 105% Sale 100% Sale 101 Sale 105% 106% Sale 103% Sale 104% Sale 114% 113% 113% 113% 113 111% 113 110% Sale 107 106% 108 114% 115% 114% Sale 114% 115% 115% Sale Sale 103 102% Sale Sale 78 73% Sale 58% 65 59% Sale Sale 110% 111% Sale Sale 107% 108% 107 103% Sale 105% Sale Sale 5% Nov. 3% Sept. Aug. 98 Apr. 98 Apr. 9V/ Apr. 107 108 105% Sale 1946 lat 5s........1943 Ontario Transmission 1st 5a_.—1945 60 119% Jan, 107% Oct. 28 40 Nov. 75 Sale Ac Elec 3%a...... 1966 4s debentures 1 99% Apr. 18 105% Nov. Nov. 35 Sale Sale 8 11 67 Aug. 16 75 July 27 Mar. 31 3% Sept. 21 6% Jan. 11 104% Jan. 28 110% Oct. 27 108% Aug. 12 1 '7 % Nov. 1 Nov. 12 82 Mar, 30 97 85 Sept. 28 102% Nov. 25 19% Nov. 10 8% Apr. 9 Mar. 17% Oct. 27 Mar. 24 60 101 105% 107 Sale Sale 104% Apr. 43% July Mar. 10 111 97 106% Nov. 1 Apr. 104% 105 106% Sale 104 Sale 115 Sale 108 % Sale j Nov. 21 101% Nov. 28 lb Jan., 3 Mar. 30 11% Jan. 19 Feb. 11 12 8h Jan. 4% Nov. 2: Apr. 25 40 Oct. 25 52 Jan. 7 ln3% Nov. 1' 107 Nov. 22 105% Nov 105 106 d Mar. 29 105% Nov. 23 Oct. 22 Apr. 9 98 28 119% Nov. 105% Sale 108 j 109 Jan. 18 7 62 30 Nov. 82 100 j 70 Feb. 10 40 50 11% June 23 4 68 5% Nov. Sale 70 June 1 7 Nov. 9 83% Sale 35 12% Sept. Jan. Nov. 23 13 42% 42% 70 June June 19% June 51 Nov. 28 104% 107 June 13 Jan. 68 Nov. 99% Nov 14% Nov 61 June 11 P Mar. Nov. 10 16 40 115 115% 119 j 7 Nov. 7 Sale Sale 11 11 9 55% Nov. 17 4% Nov. 68 Sale 57 1 Nov. 14 Nov. 28 119% 125 8 j 26 5 22 13 11 14 Jan/ 17 21 8 20% Jan. 18% Jan. 13 23% Jan. 12 Jan. 11 35 Jan. 14 12 Jan. 12 23 Feb. 7 79 Apr. 11% June 11% Nov. Nov. 30 8 m j Jan. Jan. 13 7 Nov. 12 14* Nov. Nov. 16 118 1 14% Nov. 13% Nov. Nov. Nov. 14 115 m j Jan. Jan. 60 Nov. 79% Sale 107% 77 87% Sale Mar. 12 15% Nov. 14 22 Apr. 22 103 80 60 Apr. 1* 15% Nov. 14 11 Sale 5 73 53% Nov. 14 107% Oct. 17 108% Nov. 4 Nov. 105% 104 109% 104% 106 j 4 Oct. 27 95 12 Sale Sale 10 104 j Jan. 61 Nov. 16 13% Nov. X01H 97 Sale j 7 109% 97 13 108% Sale j 3 6 Jan. 7 4 12% Sale 48 69 Sale 92H Sale. 62% Sale Jan. 95% 95 5 ..... Jan. 90 50 103 j q f 3 108 102% July 39% Mar. 45% Sept. 101 Apr. 101% Apr. 79% 103 % 100 q 3 Jan. 61 60 11 Jan. 62 June Nov, 26 Jan. 13 102% Nov. 30 51% Apr. 124% Nov. 29 117% Nov. 29 96 84 June 15 11 17 74 Mar. 29 13 98% Jan. 65% Jan. 82% Jan. June Nov 108% Nov 124% 123% Nov. 116% 117% 115% Nov. 7% j Ontario Power n f 26% June 4 15Vs 8 j 1st mtge 12 14 09% a 1,000 ♦Ogden At Lake Ch lat guar g 4a. 1948 j ♦4s stamped..................1948 100,000 m s Ohio Connecting Ry 1st 4a—-...1943 mn Ohio Edison 1st mtge 4s......... 1965 379",666 67,000 257,000 102,000 94,000 35,000 1,000 29,000 17,000 17,000 263,000 251,000 9,000 160,000 325,000 322,000 Nov 94% Jan. 58% June 23 atamped April '33 to Oct '3$ coupons. 1945 194,000 Northern Pacific prior Hen 4a—1997 Gen Hen ry At Id gt is..—Ian 2047 222,000 Ref At Impt 4he Series a 2047 24,000 Ref At Impt 6a Series b 2047 658,000 Ref At Impt 5a Series c__.__-.2047 50,000 Ref At Impt 5a Series d 2047 45,000 1967 185,000 Northern States Power 3h» n'western Teleg 4h« 30 53 14 124 60 70 12 53% Nov 12 f {♦Northern Ohio Ry lat guar 5a. a o Apr 1 1935 and aub coupons...1945 1,000 ♦Oct 1938 and sub coupons—1945 June 17 June 21 June 17 June 17 64 30 Nov. 96% m mn 38 107 % Nov 13 H a 3 91 % Jan. 5 65% Jan., 11 73 Jan.' 11 84 Jan. 10 June 1" June 17 Nov. 50 o 8 Jan. 82 67 106% Nov. Nov. 108 % 108 6 1941 m n 35% Feb 38% June 16 106 Sale 22% 8 40 9 9 Nov. Nov. 23 22 22 25 4 July 25 9 111% Jan. 48% June 2r 9 14 96% 1 June 16 59 % Nov 12 Sale Mar. 30 7 103% 50" 58% Apr. 26% May 108% Nov. 84% Nov Nov. 50 lr Mar. 31 22 5 Jan. July July July 36 July 37 36% Aug. 51 51 18% j 1996 a 106 % 106 57 Sale June 22 23 102% Nov 30 75% Nov 10 69 16% 38 60% Nov. 12 66% Nov. 15 64% Nov. 22 50% Nov. Sale 123 % 124 35 42 81 Nov. 21 12* .1950 mn lat con g 4a... 63 iiS Niagara Share (Mo) deb 5h«— .1950 a o Nord Rya extl a f 6Ha .1961 f A •{♦Norfolk South lat Ac rei 5a a. •Certificates of depoait ♦{♦Norfolk Ac South let g Sale Sale 14 Mar. 3' Mar. 31 102% Nov. 23 60% Nov Nov. Sale June 22 62 84 2 60 72% Sale 81 73 % 103% Sale 105 % 56 H "59 % 52 % 52 106% Sale 108 % Sale 76 78% Nov. 22 60% Nov. 12 65% Nov. 10 71 Nov. 12 82% Nov. 30 80 Nov. 16 54 Nov. 28 Sale 100H Niagara Falls Power 3%s_.—— .1955 a o Mag Lock a Ont Pow 1st 5s a.. Norfolk At Weat Rv Nov. 30 Sale 11% 90 64 64 100 92 H Nov. 26 Nov. 3 Nov. 28 Nov. 29 Sale i"~J .1966 m Sale 78 81H 55% Sale 64% 74% 53% 58% Sale .1946 6a stamped {•♦n y Weatchea Ac Boa 82 % 102 23 Nov. 10 3 Nov. 22 1 Mar. 31 86% Apr. 47* 24 70 10 Nov. Nov. 15 Nov. 22 Nov. 12 Nov. 12 Nov. 9 Nov, 22 36% 4 34% Nov, Nov, 23 37% Nov, 23 33 9 108% 108% Nov, 48 H 96 93 % 42,000 New York Steam Corp 3% a J .1987 J 54,000 {♦♦n y Suaq At Weat lat rsf g 5a. .1937 f a ♦♦Second gold 4h>... .1946 f a ......... 52,5o5 ♦General gold 5a if n ♦Terminal lat gold 5a......... .1943 1,000 .1939 mn 271,000 n y Tel lat Ac gens f4He j .1967 j Ref mtge 3%a aerlea b 33,000 .1946 J d n y Trap Rock lat a f g 6a 252,000 36,000 14,000 51,000 69,000 227,000 49,000 18,000 109,000 141,000 Sale 64 Oct. 53 36% Nov. 14 35% 31% 33% 32% 55 H .... .1963 j 54% Sale 59 % Sale 68% Nov. Nov. 32% Nov. 31 64 % 100 o {♦n y Ac n Eng (Boat Term) 4a.. .1939 {♦n y New Haven Ac Hartfordm s ♦Non-conv debenture 4a..... .1947 34,000 a o ♦Non-conv debenture 3h«— .1947 130,000 o ♦Non-conv debenture 3%e— .1954 a 48,000 j .1955 j ♦Non-conv debenture 4a..... 155,000 .1956 un ♦Non-conv debenture 4a 72,000 j .1956 j ♦Convertible debenture 3%a. 82,000 J ♦ Convertible debenture 6a... .1948 J 504,000 .1940 a o ♦Collateral truat 6a.... — 122,000 .1957 m n ♦Debenture 4a 48,000 ♦lat Ac ref 4%a of 1937.... .1967 j d 474,000 .1954 m n 9,000 {♦ Harlem r Ac Pt Chea let 4a. .1992 m s 132,000 {♦n y Ont Ac Weat lat g 4a..— .1955 j d ♦General 4a 16,000 5,000 {♦n y Prov At Boaton gen 4a... .1942 a o a o 9,000 n y At Putnam lat con guar 4a. .1993 .1965 m n 6,000 n y At Queena el Lt Ac Pr 3% a.. New York Rallwaye Corp— j .1958 j 8,000 j Prior Uen 6a atamped....... .1951 un 4,000 n y At Rich Gaa lat 6a a... .. 85 99 Sale 96 84 .1942 m n j .1943 j Sale 83 102 h .1973 n n .1941 m 8 ' 75 Mar. 11 102 Sale Sale 67 Sale m n 1974 a o ♦Refunding 6%a aerlea a...... 1978 m s ♦Refunding 4h* aerlea g—... 1938 a o ♦3-year 6a.............Octl 1946 4a collateral truat.. ... ' Sale Apr. 21 34 102% Nov. 23 75 Nov. 16 33 Nov. 14 108% 67 75 % 38 100% Nov. Sale 8 4 108% Sept. 2 Nov. 3 Nov. 22 53 ' 100% Nov. Sale 31 91% 64% .1997 80,000 NYGAtHRgmtgeiHa Debenture 4a of 1913..—..... 1942 12,000 3613 Ref At Impt. 4h* aerlea a 643,000 1998 Lake Shore coll g 3 Ha 84,000 1998 Mich Cent coil g 3 ha 20,000 New York Chicago Ac St Lou la— 406,000 1,231,000 846,000 193,000 Sale Sale 82 .1998 f Nov. 104% Apr. 9 107% Nov. 72 Nov. Nov. 48 36% 45 32% 32% Sale 35% Sale 35 107 110% 69 New York Central rr— 10-year 3ha aecured a f....... .1946 .3613 Ref At Impt 4h* aerlea a ... .3613 Ret At Impt 5a aerlea g ..... .1952 Con? aecured 3h*-. Sale Prices Highest | Sale Prices July 22 Sept. 28 126 9 124% Nov. 29 120 1^4% Nov. 7 120% Jan. 1124% Nov. 7 107% Nov. 50 32 H 30 45 33 itV 35 ' Conaol 4a aerlea a Sale Prices 123 H 124% 124 124% 123% Nov. 123% Nov. 123 % Sale 123% 124 1 Highest Lowest Highest Lowest 95 107*" 178,000 New Orleana f s lat 4t rat 5a a.. .1952 .1955 lat Ac re# 5a aerlea b.._. 112,000 39,000 New Orieana Term lat 4a guar... .1953 {♦♦n o Tex Ac Mex Income 5a..... .1935 v 19,000 .1954 ♦Firat 5a aerlea b 77,000 ♦Certificates of depoait 45*556 ♦lat mtge gold 5* aerlea g____, j956 f A .1956 f a ♦lat 4 ha aerlea d 77,000 ... .1954 a o ♦Ffrat 5ha aerlea a.. 115,000 ..... ♦Certlflcatea of depoait..... 4,000 3,000 Npt Ac Cln b gen gu g 4h* ..... 1945 r*j 284,000 142,000 582,000 426,000 263,000 RANGE SINCE JAN. NOVEMBER | Ask Ask Bid Bid 122 H 123 % 121 Sale n«w ..... ; IN Jan. 3 England t Be t m-Jf 5a a.. .1953 j d .1961 m n l*t it 4 varies b n j Junction rr gu tat 4a...... .1986 P A .1966 ... 56",000 n j Pow Ac Light lat 4 58,000 New Orleana Great Nor 5a aer a.. .1983 5,000 n o Ac n'eaaiern re# 4%a aerlea a .1952 k PRICES Price ii BONDS November Value EXCHANGE-BONDS Y.STOCK Nov. 15 Nov. Nov. Nov. Nov. Nov. Nov. 106% 106% 101% 107% Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 111% Nov. 15 Nov. Nov. 25 Nov. Nov. 14 Nov. 14 Nov. 9 104% Nov. 1 Nov. 9 114 98 Jan. 96% Apr. 111% Apr. 110 May Nov. 10 103 108 Apr. 114% Nov. 10 109 Apr. 115% Nov. 25 110% Apr. Nov. 10 90% June TV 188 Nov. 26 Nov. 30 Nov. 14 108% 105% Nov. 30 59 45 Apr. Jan. 106% Apr. 102% Apr. 98% Apr. 13 Jan. 12 Jan. 108% Jan. 10 18 3 1(.6% Nov. 15 106% Nov. 14 101% Nov. 14 107% Nov. 9 l°4% Nov. 1 114% Aug. 10 Feb. 23 113 Jan. 10 116% Jan. 118% Jan. 106% Jan. 17 110 10 13 9 Nov. 26 59% 111% rs% 105% Aug. 25 Nov. 30 Nov. 30 Oct. 17 38 N. Y. STOCK Sales in November Value ll" BONDS N. Y. STOCI EXCHANGE t 1938 Bid Paducab 4c llllnola lat A D J eV.ooo f 4Ha..1953 Panhandle Eaatern Pipe L 4a A--1952 Paramount Broadway Corp— S 18.000 lat mtge a f 4 3a loan ctfa. .....1955 a Pateraon Ac Paaaalc G Ac E 5a 1949 ♦Paullata Ry lat Ac ref 7a aer A...1942 Ask 71*4 70 Sale 50 70 50 RANGE 10654 Sale 103 104 103 106*4 Sale ~ 109 100 •, *. M — 60 63 9154 Sale SI 71H 73" 8 893 94>i O Sale 383 8 116 118*1 8 79^ Sale Prices 67*4 Nov. 3 Nov. 25| Nov. M 6354 5754 59 9854 100 8654 Sale 92 92*4 97 82 93 *4 Sale Sale Sale 70 50 Highest siNCE Nov. Lowest Sale Prices 72 Nov. 10 68 3 107 1 108 Nov. 16 Nov. 18 Nov. 25 1UI78 m 10354 103*4 10554 Sale 99 Lowest 67 Bid 92*4 104*4 J M Ask Bid 68 88 5954 Paramount Plcturea Inc— a f debenture 6a..............1955 83,000 3conT debenture 89,000 ...1947 146.000 Parla-Orleana RRExt a f 5Ha... 1968 25,000 Parmelee Trana coat deb 6a 1944 IN NOVEMBER Nov. 30 I Nov. 1 Ask\ 82 J O PRICES Price JAN. 1 Jan. 3 ^5: 23,000 "Pacific RR of Mo 1st ext 4a 19M "id extended gold 5a........1938 2,000 14,000 Pacific Tel fc Tal 3Me aer B 1966 Ref mtfe 3H« aerlea C 60,000 1966 EXCHANGE—BONDS 51H Sale 120*4 103 54"Nov. 10554 Nov. 30 5754 Nov. 23 Nov. 30 Nov. 28 9054 Nov. 7 5054 Nov. 10 6154 Nov. 9954 8654 9354 5254 2| Nov. 14 Nov. 2 Nov. 30 Nov. 14 122 70 68*4 ... Highest Sale Prices 65 60 Sale Prices Jan. 6 Jan 19 „ Oct. 5 June 24 82 70 10254 Apr. 2 10754 10254 Jan. 28 10854 98*4 July 26 103 98 Apr. 7 10554 56*4 Mar. 31 63 Nov. 18 Nov. 25 Apr. 14 Nov. 30 July July Oct. Nov. Nov. 11854 Jan. 21 12154 Sept. 60 Mar. 25 72 Aug. Mar. 31 100 Mar. 31 8754 75 Sept. 28 93 54 3154 Mar. 31 52 54 81 57 19 19 24 30 14 12 29 Pennsylvania Co— 1,000 Guar 3Ht coll tr ctfa aer B A 1941 1,000 Guar 4 3Hatr ctfa D serleaG...1942; 12,000 Guar 4 3Ha tr ctfa aerlea D—1944 D 29,000 49-year 4uar tr ctfa 4a Ser B 1952 MM 135,000 28-year 4s —1963 A 22,000 Penn Dixie Cement lat 6a A .1941 M S 2,000 Penn Glaaa Sand lat mtge D 4*4«—1960] 53.000 Penn Ohio Ac Detroit RR— lat 4c ref 4old 4 H« uilu A 1977 4Ha aerlea B A 1981 J O 171,000 83,000 449,000 7,000 50,000 39,000 42,000 3,000 62,000 5,000 43,000 405,000 60,000 2,000 31,000 32,000 555,000 149,000 260,000 276,000 197,000 503,000 5,000 1970 A General 4Ms series D.........1981 A Gen mt4e 4Ms series E........1984 J Cony deb 3Ma Sale 80 Sale 103 .... Peoria 4c East 1st cons Sale 109*4 110H Sale Sale 120 M Sale Sale Sale Sale Sale J Sale 11654 Sale 61 9 *4 107 1990! A Peoria 4c Pekln Un 1st 5H» A...1974 F Pere Marquette lat 5a aerlea A...1956| 1st 4s Series B 1956 Phelps Dodge cony 90 84 Sale 1980 M 3H* deb.....1952 J Phlla Bait 4t Waah lat ft 4a General 5a Series B Sale 1943 M.N —1974 F Gen ft 4Hs series G Phillips Petroleum conv a f 4sl937 J 3S-.-.--1948 M 9154 8054 11554 Sale Sale 108 64 65 61 63 62 Sale 112 108*4 107 114*4 109 Sale 11 Sale Sale 105 Nov. 29 Nov. Nov. 73 63 67 Nov. 10 Nov. Nov. 15 Nov. 18 Nov. Nov. Nov. Pirelli Co (Italy) cony 7a 1952 M 4c Iron cony 4V£a A...1952 M P C C 8c St L g 4Ha aeries A.. Con 4 Ha series B guar g 1940 A 1942 A Con 4H> series C guar g...—1942 MN Con 4s series D guar g... 1945 MN Con 3H* aeries E guar g...—1949 F Con 4s series F guar g 1953 J D Con 4a series G guar g— 19571 MN Con 4a series H guar g... 1960 F Con 4Ms aeries I g ...1963 F Con 4 Ha series J guar. 1964 M Gen guar 5s series A 1970 J ..... Pitta Y Ac Aah lat gen 4a ser A..1948 J lat gen 5a aerlea B............1962 F 1st gen 5a series C .....—1974 J 1st 4 H« aerlea D 80 10854 11054 110*4 110*4 104 10534 103 103 105 110 111 117 10254 103 103 111*4 104 10454 116"" 11154 Nov. 10 Nov. 15 Nov. 12 Nov. Nov. 14 Nov. 12 Nov. Nov. Nov. Nov. 12 Nov. 15 — 1163 1123 115 110 101 1103 11634 10054 104 Sale j 1083 503 503 93 "78 59 52 60 1053 473 473 473 106 9854 9854 Sale 1015£ Sale conv 1942 J J 5154 J J 104*4 45 Potomac Elec Power 1st M 3*4e_.1966 J Pressed Steel Car deb 5a 1951 J J t ♦Providence Securities deb 4s gul957 M N 1956 M S {♦Providence Terminal lat 4a Purity Bakeries Corp a f g 5s 1948 1 ♦ Radio Keith Orph pt pd ctfa for deb 6a 8c com atk J 12*4 Sale' 104*4 Sale If Republic Steel Corp 4 Ms ser A. 1950 Gen mtge 4H* series B........1961 Purch money lat 5H« conv 1954 Gen mtge 4Ms series C 1956 Revere Copper At Brass 1st 4M«--1956 5254 50 Sale 50 50 51 83 94 92 103 103 103 74 47 47 47 Nov. 7 7 Nov. 12 29 101*4 Nov. 10 18 June 22 Oct. 4 10454 Jan. 6 Oct. 4 Feb. Apr. Apr. Apr. 10554 Nov. 26 10954 Jan. 0 94 114 Jan. 3 11154 Feb. 19 9554 Jan. 3 109*4 June 21 12054 Jan. 12 June 18 Jan. 3 10 9354 Nov. 10 Nov."25 Nov. 53 54 Nov. Nov. 52 Nov. 23 52 Nov. 14 3 3 11 10» 14 8 14 18 4 5 3 8 Jan. 8 10554 June 20 110 Feb. 5 Apr. 21 115 9754 Apr. 12 11054 Feb. 21 99 Mar. 31 10954 Jan. 5 Nov. 10 7854 Mar. 31 100 105 Jan. 28 11054 Oct. 29 104 10 3 June 8 20 Mar. 30 Jan. 4 31 Jan. 19 654 Feb. 21 Feb. 17 105 Sept. 26 11154 Oct. 7 8054 Oct. 17 89*4 Nov. 9 7754 May 31 9354 Nov. 14 11 10154 Apr. 19 108 54 Jan. 0 103 May 3 11054 Jan. 5 105 Mar? 9 Apr. 22 109 10354 June 23 10454 May 20 Oct 105 28 10554 Mar 10 104 July 12 10554 Aug. 29 June 30 109 Feb. 16 104 Nov. 25 107 107 Feb. Aug. 30 104*4 July 5] 117 Apr. 4 11054 9454 June 22 11254 90 June 17 11254 7154 June 17 10454 106 40 38 32 106 109 -■ June 17 106 Jan. Mar. 30 91 June 17 10154 Jan. 8454 June 15 10154 Jan. Jan. 6554 Mar. 31 89 Mar 1354 Apr. 25 117 07 Apr. 26 11454 Nov. 40 Jan. Apr. 28 60 4 Mar. 29 854 Jan. .00 Jan. Apr. 8 107 5354 June 14 80*4 Jan. 49 *4 June 24 7554 Jan. Jan. 50 Apr. 14 76 Oct. 9954 Apr. 1 116 67 75 9854. 15.000 58,000 21,000 23,000 120,000 1,000 4,000 9,000 93,000 121,000 4.000 10554 45 43 43 4754 42 1654 Sale" 1454 10654 106*4 10754 4*4 10 5*4 35 84 84 6*4 42 9654 Sale Sale D "75 J 9554 7454 Sale 9354 Sale 9254 106 SI 90 O J Sale 57 Sale 7654 77 102*4 92 O 7854 Sale Sale F A 78 Sale MN 106 80 Sale 112*4 9154 108 Sale Sale 9254 Sale 9754 100 Sale J 99*4 100 2654 32 40 1953 J J 19 22 2354 ♦Rhine-West Elec Power 7s..->_.1950 MN ♦Direct mortgage gold 6a......1952 MN 30 28 Sale ♦Cons mtge 6s 1953 F A ♦Cons mtge 6s with warrants.. 1955 A Richfield Oil 4s conv deb .......1952 M 28 28 30 30 Richmond Term Ry lat guar 5s..1952 30 30 9054 Sale 104 ,»— — ~ - 1955 45 55 ♦Rio Grande June lat guar 5a ..1939 {♦Rio Grande Western lat g 4s..1939 26 6854 40*4 1554 42 At coll trust 4s series A. 1949 A O Rochester Gas Ac El 4 H* aer D...1977 M S Gen mtge 5a series E 1962 M S Gen mtge 3 *48 series H 1967 M Gen mtge 3M8 series I.. 42,000 Safeway Stores a f deb 4s.. ..1947] 55,000 Saguenay Pow Ltd 1st M 4Ms 1966 13,000 St Joa Ac Grand Island lat g 4s. .1947 St Lawr 4c Adirondack 1st g 5a.. 1996 2d gold 6a 1996 454 Sale 50 43 Sale 9754 Nov. 10 454 Nov. 18 41 Nov. 4 9554 Nov. 15 82 M 8 76 78 60 Sale 5654 Nov. 71 Sale 70 75 Nov. 28 84 5 Nov. 10 Nov. 22 Nov. 15 Nov. 18 Nov. 3 Nov. 16 Jan. ~ 28 108 May 7 Apr. 13 5354 5554 5554 July 27 10954 Apr. 5 11554 Mar. 29 Mar. May May 454 Nov. 43 Nov. 5 9754 Nov. 30 31 6454 13 106 27 55 18 44 % Mar. 31 183 Jan. 14 1083 85 Apr. 8 Apr. 22 Nov. 4 Nov. 17 June 25 8254 Apr. Nov. 1 Nov. 26 7754 Nov. 2 7154 7354 Nov. 21 77 Nov. 1 Nov. 18 10354 Nov. 28! 10354 Sale 102 1 Nov. 29 0 60 2154 — — 108*4 ilH 11 23 15 Sale 50 21 45 Nov. 24 30 Sale Sale 12 110 Sale 108 110 10 1054 33 "654 854 1054 5 108 19 4 Sept. 1 Jan. 0 Jan 14 Jan. 4 Feb. 10 Nov. 25 Jan. 21 Jan. 21 Jan. 17 Feb. 28 . Nov. 10 Nov. 22 Mar. 8 Nov. 18 July 19 Sept. 2 June 30 Jan. 10 43 Nov. 98 July 28 Oct. 25 4 Apr. 1 81 16 75 June 9 9354 Sept. 26 93 Apr. 1 10354 June 83 7 104 50 Nov. 10 Nov. 4 Nov. 12 Nov. 26 23 23 32 3354 3354 28 3354 18 10554 10454 Nov. Nov. Nov. Nov. Nov. Nov. 5 10 10 10 30 Nov. 16 Nov. Nov. 17 a38 Nov. 17 Nov. 14 4154 Nov. 29 19 Nov. ~ Nov. 26 60 Apr. 7154 Apr. 9454 Apr. 5 72 92 15 Nov. 12154 Nov. Nov. 14 110 Nov. 25 Nov. 17 108 108 Nov. 9 554 Nov. 16 754 Nov. 21 654 Nov. 29 Nov. 17 1254 Nov. Nov. 554 Nov. 754 Nov. 754 Nov. 35 10 16 16 21 25 754 2054 454 754 6 25 July 3 4 21 Nov, 16 32 28 33V 27 3354 27 3354 30 107 21 10554 Nov. 35 Jan.„ Nov. 10 June 30 96 June 20 10154 7 50 Jan. 27 2554 Sept. Sept. Sept. _"Mar. 10354 Oct. Jan. 95 Mar. 31 Jan. Jan. 125 5 112 2854 Jan. Sept. 28*4 Apr. 12 Sept. 11854 Jan. 10754 Apr. Nov. 10454 105 10554 104 10554 Nov. 16 106 Sale 104*4 Sale 10454 Nov. 106 Nov. 25 10654 10654 10654 Nov. 15 10654 Nov. 15 "94 93*4 - 100 2554 Nov. 12 1054 Nov. 22 30 "6] 554 654 2 2354 Nov. 34 32 20 554 654 94 Nov. 12 --- 5 101*4 Sale 10054 Sale 108 10954 Nov. 16 Nov. 10 1954 15 39 4854 <z38 38 4054 Sale 1754 1854 1554 1654 1554 12154 12154 10954 110 10954 11054 10954 108*4 108*4 39 14 954 Sale 10554 Nov. 26 125 9154 Nov. 1 95 107 Nov. 29 10954 9254 Nov. 3 96 9454i Sale 99 9954 9854 Nov. 22 100 5i Sale 108 9354 107 35 3254 1254 Sale Nov. 3054 32 2954 29 Nov. 3054 29 2954 Nov. 30 3054 3254 29 10354 Sale 10554 Sale 10254 Nov. 10354 10454 103 10454 10454 Nov. 108 3,000 ♦Ruhr Chemical 6a ........1948 A O 4,000 {♦Rutland-Canadian 4s stpd 1949 J 5,000 {♦Rutland R R 1st cons g 4H* 1941 J 30,000 ♦4*4 « stamped.... J 1941 J For footnotes, see page 30. 119 ..1967 M 80,000 ♦{•Rockls Ark Ac Louis lat4Ha ..1934 84 81 106 _ J ... Sale 5954 Nov. 30 6454 107 106 10354 Nov. 43 Nov. Sale 4754 4654 4454 Nov. 18 4454 Sale 1454 Nov. 29 1754 108 106*4 Nov. 2 10754 110 A MN 80 J f 7a 60 105 1946 J ♦Rhelnelbe Union a f g 7a ♦Rhine-Ruhr Wat Serv 6a 22 5154 3754 83 81 76 Rensselaer At Saratoga 1st gu 6s.1941 MM 146,000 243,000 132,000 234,000 118,000 22,000 43,000 con 10154 9154 10554 Nov. 25 Nov. 29 25 21 10054 Apr. 29 10554 Aug. 24 100 104*4 Nov. 111 Nov. 11054 Nov. Sale 100 Nov. Sale 10054 Nov. 9254 9254 Nov. 10854 15 13 D (65% pd).— 112,000 ♦♦Debenture gold 6a 1941 58,000 Read Co Jersey Cen coll g 4a 1951 154,000 Gen At ref 4Hs series A.......1997 30,000 Gen Ac ref 4Hs series B 1997 173,000 Remington Rand deb 4*4» w W..1956 ♦1st — Sale 61*4 Sale Sale 50 103 6a..1942 J {"Postal Teleg Ac Gable coll 5a. .1953 J s — ... — 21 1977 J Portland General Electric 4Ms..I960 M 1st 5s 1935 extended to 1950 42,000 J ♦Rlma Steel 10754 Nov. 23 — 11154 101 100 103*4 Nov 10754 Nov — 7 10354 Jan. 28 3,10354 Jan. 13 June 24 10354 Jan. Feo. 8854 Apr. 27 104 83 Apr. 4 10054 Jan. 77 Jan. 26 94 July 90 8954 June 18 111*4 Jan. Nov. 30 115 Nov. 17 Nov. 22 108 Nov. 15 Nov. 1°®- Nov. 23 Nov. 107 Nov. 16 10354 10454 103*4 10454 10354 Nov. 106 10854 107 Nov. 10734 Sale 107 108 10654 10754 Nov. —- 109*4 110*4 275,000 Porto Rlcan Am Tobac 68 stamped Sale 83 Sale 16054 73 9754 May 9954 Aug. 82 Nov. 16 105 10354 Nov. 1, 10554 Nov. 16 Sale 96 Nov. 1 100 Nov. 10 U0 54 10954 Nov. 16 11054 Nov. 2 Sale 1354 Nov. 1 1554 Nov. 16 Sale 454 Nov. 1 554 Nov. 16 Nov. 1454 4 1254 Nov. 23 Sale Nov. 10 109 Nov. 18 Nov. Nov. 4 89*4 83 9 Nov. 14 9254 9154 Nov , Sale Sale Nov. 9554 Nov. 21 Nov. 22 48 6 554 Nov. 23 Nov. 102 103 Sale Sale 10554 Nov. 26! 2 44 Sale Sale Nov. Nov. fNov. 23 106 103 23~,666 "2", 666 10754 114 115 94 104 107 - t"Philippine Ry 1st 30-yr General g 5a aer B 1975 A General 4 Ha series C ....1977 J Pitts Va Ac Char lat guar 4a 1943 MN Pitta 4c West Va 1st 4Hs aer A ..1958 J lat mtge 4H> aeries B 28,000 1959 A 61,000 1st mtge 4Ha aeries C—.— 1960 A 47,000 1085s 4® 1949 M — 9254 49*' 7* Sale 103 Sale 66 6254 6254 Sale Sale 11254 10854 10754 11454 10754 93« 1063 163 .....1981 J Phlla Company secured gold 5a.1967 J Phlla Electric 1st & ref 3Ha 1967 M {♦Pb'la 4c Read C 4c 1 ref 5s 1973 «* ♦Convertible deb 6a 109*4 110*4 114 123 H 71 6354 11354 91 10954 108*4 Nov. 23 110 10954 10954 Nov. 10 110 Sale 86 Nov. 26 8854 Sale 115 Nov. 15 116 Sale 94 Nov. 29 9654 Sale 10254 Nov. 28 10454 Sale 82 Nov. 28 86 Nov. 25 9354 Sale Nov. 22 Sale 9354 83 Sale N°v-18 11654 11654 11354 Nov. 25 11454 83 11654 Sale 11454 61 Nov. 26 111 93H 9254 Sale 8054 Sale 634 10334 97 95 96 Sale 9554 Sale 114 35 Nov. Nov. Nov. Nov. 10 Nov. 23 Nov. 17 Nov. 14 10554 Nov. 23 10554 Nov. 23 9354 Sale Sale Sale 101 101 Nov. Sale 114*4 116*4 L04 83 Nov. Nov. 10 100 Nov. 101 Sale Sale 103 109 1977 J General 4Ms series D c. 101 101 Sale 110*4 4s.......1940 A lat 4 4Ha series C 94 96 Sale 108 111 166*4 1947 M S ♦Income 4a (flat) 102 101 99 101H Sale 101 101 98 *4 100 99 97*4 93* 100 95 96 95?i Sale 90 90 106 10454 103H 104H 1952 A Refunding 4old 5a 139,000 69,000 44,000 35,000 1,000 1,004,000 32,000 : 10,000 8,000 3,000 56,000 100 Peoples Gas 4c Coke lat 6s......1943 A 2,000 9.000 1.000 ! 102*4 103 Debenture 4old 4Ha— 29,000 Pitta Coke 4,000 8,000 5.000 ... J 731,000 Penn Pow Ac Lt lat M 4H« O 1981 21,000 Penn RR conaol 4old 4a........1943 MN 90,000 Conaol 4old 4a 1948 MM 25,000 Stamped dollar bonda ....1948 MM 113,000 Gen mtAe 3*4• series C— 1970 A 71,000 Conaol 4Ha Issue of 1915 ...I960 F A 545,000 General 4Hs Series A.........1965 J D 210,000 General 6a Series B 1968 J D 425,000 102 H 103 H 103 104 21 21 14 50 41 Nov. 10 Oct. 22 Nov. 12 Nov. 12 Nov. 5 Nov. 10 Nov. 10 Nov. 10 Aug. 10 May 14 Feb. Jan. 4 21 4454 Feb. 18 6 20*4 Jan. 28 122 Oct. 13 19 110 Feb. 2 Nov. 17 108 Nov. 17 May 27 1654 Aug. 22 Jan. Oct. Nov. May 25 35 14 1054 Feb. 16 21 15 31 1254 Feb. 24 Nov. 16 Feb. 23 10054 Mar. 18 10654 Aug. 4 Nov. 25 9954 Mar. 31 106 103 Apr. 18 109 Jan. 19 BONDS Value N. T. STOCK EXCHANGE Jan. 3 Ask Ask Bid Bid 8t Louis Iron Mtn 8c South— ♦♦RItsx 8c Gulf Dlr 1st ft 4s...1933 UN ♦Certificates of deposit....... 63* 198.000 11,000 "J 1948 26.000 t*St L PeoAc N W 1st 5s J 2,000 St L Rky M 8c Pac 5s stmpd...... 1955 {♦St Louis-San Francisco Ry— J ♦Prior lien 4s series A ....1950 219,000 ♦Certificates of deposit..... 213,000 "j ♦Prior lien 5s series B .....1950 176,000 ♦Certificates of deposit 127,000 M~S •Con M 4*s series A 432,000 1978 ♦Certificates of deposit stamped. 568,000 67 60 17 80 Sale 65 73 Sale Sale "13 * Sale Sale 60,000 {♦St Louis Southwest 1st ft 4s 1989 MN J ♦2d ftold 4s Income bond.-Not 1989 2,000 J ♦♦1st terminal 8c unlf 5s......1952 150,000 J ♦Gen 8c ref 5s series A 1990 109,000 D 1,000 St Paul 8c Duluth 1st consoi 4s.. 1968 J 3,000 {♦lit Paul B Grand Trunk 4*8-1947 A 74,000 {♦St Paul & K C Short L ftuar 4*sl941 71* 35 20* 20 4s_1943 J B._—1946 11*606 *12* 28 J 10 74 u 58* Sale 26 37 20* Sale 15 Sale .... M S J D - J ♦♦Siemens Ac Halske sec s f ft 7S..1935 J M 8 ♦Debenture s f 6*S—....——1951 16,000 F A 4,000 ♦Silesia Elec Corp 6*8 .......1946 ..1941 69,000 Sileslan Am Corp coll tr ft 7s 162,000 Simmons Co cony deb 4s........1952 72,000 Skelly Oil debenture 4s ......1951 198,000 Socony-Vacuum Oil deb 3*8—1950 115 A 13* Sale Sale 7 * Sale O M S F A 14 8* Sale 7H SH 22 Sale 20* 21$ 4* Sale 104* Sale 60* Sale 67 61* —- 101* 102* 107* Sale 107* 107* 92 15 3 4* Sale Sale Sale 80* 21* 85 84 24 Sale 99* Sale 104* Sale 106 Sale 10d* O 38 15* Nov. 12 9 Nov. 23 88 7* Nov. 21 8* Nov. 5 7 Nov. 30 27* 18* 98 9* 6 Sept. 28 11 186,000 1st mtge pipe line 4*s 1951 J D 168,000 Sou Pac Co 4s Cent Pac coll Auft. '49 M 8 300.000 1st 4*s (Orefton Lines) ser A..1977 M 8 334,000 Gold 4*8 1968 M N o44.000 Gold 4*s May 1 1969 M N 900 Gold 4 He 1981 J J 219,000 16-year secured 3*8—1946 A O 26,000 San Francisco Term 1st 4s....1950 J J 432,000 South Pac RR 1st ref ftuar 4s....1955 4s stamped...................1955 675,000 Southern Ry 1st cons 5s..... 1994 1,224,000 Devel Ac ften 4s series A.......1956 353,000 Derel At ften 6s series A... 1956 421.000 Derel Ac ften 6*s series A.....1956 3.000 Memphis Dlv 1st ft 5s 1996 33,000 Bt Louis DIt 1st ft 4s ..1951 47.000 Southw Bell Tel Ztts series B 1964 289,000 1st & ref 3s series C._ ... 1968 52,000 S'western Gas 8c Elec 4s ser D 1960 21,000 {♦Spokune Internet 1st ft 5s....1955 41,000 Staley (A E) Mfft 1st mtfte 4s 1946 235,000 Standard Oil N J deb 3s 1961 709,000 15-year 2*8 debs 1953 Staten I si Ry 1st ftu ft 4*s„ 1943 209.000 126,000 RR ftan 5s.—1951 J Chem— Coot deb 4s series B ......1944 6,000 171,000 Tenn Elec Power 1st 6s series A..1947 4,000 Tsrm RR Assn of St L 1st ft 4*4—193 First cons ft 5s 1944 16,000 Gen ref s f ftold 4s 1953 186,000 21,000 1 exarkana Ac F S Ry 5*s A ftuar. 1950 Tsnn Coal Iron 8c J 97* Sale 66* Sale 75* Sale 61* Sale 61 Sale 61PR Sale 83* Sale 103* Sale 92* Sale Nov. 8* 7* 11* 10* 20* 5 90 Nov. Nov. 22 107* Nov. 14 110* Nov. 30 102 Nov. 5 93* Nov. 2 280,000 Texas Corp 236,000 10,000 120* 122 2,000 9,000 4,000 55,000 171.000 34,000 93,000 85,000 305,000 274.000 25,000 117,000 54,000 35,000 134,000 Nov. 107* Nov Nov. Sale Nov. 105* Nov, 104* Nov, Sale Nov. 102* Nov. Sale 106 Sale 107* Sale Sale 77* Nov. 106* Nov. 107* Nov. 78—1945 3*s debentures .......1952 M Sale First Ac refundlnft 1st Hen Ac rsT 5s 34-year 3*8 Sale 45 6* Nov. 87* Nov. 90 Sale 98 Sale Sale Sale 57* Sale 86* 89* 120* 108 111 Sale 89* Sale 121* Sale 108* 111 26 28 95 Nov. 15 70 Nov. 14 Nov. 12 3 98 9 Nov. 1 Nov. 10 Nov. 14 Nov. 17 105* Nov. 12 Nov. 53* Nov. 28 60* Nov. Nov. 12 Feb. 9 125 5 10 12 23 13 4 17 14 29 21 31 Mar. 27 4 103 Oct. 29 98* Oct. 25 106* Jan. 7 114 2 90 July 7 21 14 Jan. Apr. 20 Feb. 11 13 Aug. Sept. Jan. Jan. 88* Jan. 69 June 21 June 22 87 July 90 June 22 104 24 Apr. 1 Mar. 30 71 Feb. 98 Apr. 26 8 2 12 12 Jan. 86* Nov. 10 18 45 9 90 11 25 25 Nov. 10 July 13 June 27 1 105* Nov. 12 40* Aug. 3 63* Mar. 10 Jan. 8 84* July 21 102 88 Nov. 29 90 Nov. 15 50 May 96 Nov. 28 97 Nov. 15 95 May 2 27 26 Nov. 23 Nov. 16 20 June 28 97 18 July 1 96 Feb. 7 Jan. 17 59* July 28 87 Nov.r10 6 80 Jan. 20 3 103* Jan. 26 121* Nov. 30 121* Nov. 30 117* Apr. 22 121* Nov. 30 Nov. 25 103 Mar. 31 110 110 Nov. 25 110 Aug. 12 78 Sale "9* Sale F 118 Sale J 107* Sale 117 Sale Sale Sale Sale Sale 25 Nov. 25 27 26 Sale Nov. 15 73 Nov. 94* Sale Nov. Nov. Nov. Nov. Nov. Nov. 115 Sale" Sale 107* 9* 115* 108* 110* 104* 115* 114* Sale 94* Sale 94* 108* 107* Sale 77 Nov. 95 Sale 80 A 87 97 105 Nov. 16 Nov. 1 62* 96 23 Sale 86* 23 O 30. 56 Jan. 60 72 100* 109 For footnotes, see page Sale 62* "95" "99 Sale Stores 58—1952 90 Sale 35-year 3*s debenture........1971 A O United Biscuit (Amer) deb 5s...1950 United Ciftar-Whelan Sale 611 Id 1$ 11 10 5 15 5 83 103* Mar. 29 107* 81* Sept. 2 81* ell6*Nov.22 104* June 22 116* 70 Apr. 19 88* 86* Nov. 14 Nob. 39* Nov. Sale 88 Nov. Mar. 29 Mar. 29 106* Nov. 21 Nov. Nov. Nov. Nov. Sale O 90 Nov. 105* Nov. 114* 84* 84* Sale 84* 85 84* Sale A 87 126 115 Sale Jan. Mar. 31 63* Jan. Jan. 63 30* Mar. 31 43* June 17 83* Jan. 77 Mar. 29 104* Jan. 93 Jan* 52 June 17 70* Jan. Oct. 103* Nov. 25 103 May 113* Nov. 29 99 103 Nov. 10 May Nov. 91* Sale M N 92 Sale A 4s. 1947 J 4s.....June 2008 M 8 Juno 2008 M S debenture..'...—.1970 Sale 90 91 7* Sale 87* J Union Pac RR 1st 8c land ftr ft 103 98 103* 103*!Nov. Sale 112* Nov. Sale 102* Nov. 42 103* 117* 107* 108 —..—1962 ♦{♦Union Kiev Ry Chic 1st 5s .1945 Union Oil Cal 30-yr 6s ser A May 1942 87 102* 102* Nov. 98 60 63* Jan. 30 119* Feb. 86 J 86 101* 102 31* June 17 Nov. Jan. 75* Nov. Oct. July 22 70 2 Oct. 67 Apr. 4 110* Oct. 106* Apr. Nov. 12 99* Sept. 26 103 23 101 Jan. 28 107* Nov. 9 9 Apr. 12 19* Oct. Mar. 31 105* Nov. 4 101 Jan. 28 104* Nov. 17 100 14 98 Sept. 28 102* Nov. 95 Feb. 28 102 Apr. 46* Mar. 31 87* Oct. 7 108 105* Apr. May 2 1 ..... 104 Ujlftawa Elec Power secured Nov, 105* III" Tor Ham Ac Buff 1st 4s Union Electric (Mo) 3*s 19 Nov. 106* Sale 94* Tol W Va & Ohio 1st ftuar 4s 3,000 5,000 107* Nov Sale M 88* 76 14 31 103 102* 103 1952 June 13 41 26 Sale 85'. 35* June 16 64 110* Nov 102! 93! 94* Aug. 11 Mar. 31 102 35 Nov. Sale 89 June 16 91 Nov, Nov. Sale 4 Nov. 22: Nov. 10 Sale 97 103 113 18 Nov. 10 65^ 110* 103 1 29 67 106* 120* 12 27 29 Apr. 1 108* Jan. 18 Apr. 14 110* Nov. 30 Nov. & Apr. 16 102 26 Sale 83 4 107 45* June 18 23* Mar. 29 Nov. 101* 103* 106 86* Nov. 24 Apr. 90 Oct. 4 99* Nov. 1 104* Oct. 31 Nov. 12 Sale ... Nov. 10 Oct. 20 70* Mar. 16 Nov. 12 Sale 100* 58* 63 105* 106* 105 75! 67! 64 103 Sale 13* 16 101* 103 100* Sale 3 10 Nov. Nov. 75 ..... Jan. Nov. 12 Sale 60 11 83 60 72 Sale Tol St L Ac West 1st ft 4s , Nov. 10 Nov. Sale 78 108 —1950 A O C..I942 M S 1946 J D M 8 Trenton Gas 8c E ec 1st 5s—.—1949 J J Trl-Contln'l Corp conv deb 5s ser A'53 M N ♦Tyrol Hydro-Elec Power 7*s.__1955 F A ♦Guar sec s f 7s ——.—1952 7 67 80 115 .... 67* Sale 64* Sale 97 81 Tokyo Eloctrlc Llftht (Ltd) 1st M 6* f Series June 15 1953 3*8 *60 9 Nov. Nov. 106 Toledo Ac Ohio Cent ref Ac Imp Nov. Nov. ..........1943 3000 Gen ref 5s ser B 1977 Gen Ac ref 5s series C ....1979 Gen 8c ret 5s ser D 1980 Tex Pac—Mo Pac Term 5*8 A—1964 M S Third Ave 1st ref 4s .1960 J J ♦Adjustment Income 5s Jan 1960 ♦♦Third Are RR 1st ftold 5s 1937 Tidewater Assoc Oil deb 3*s Nov. 88* Nov. Nov. 5s 59,000 61,000 99,000 9,000 123,000 393,000 50,000 170.000 Nov. Nov. 12 Sale deb 3*s......—1951 Texas Ac Pacific 1st ft Nov. Sale Texas Ac N O cons ft 5s 37*666 Nov. 61 87* 6 12 10 12 10 Nov. Sale Jan. 5* Jan. 22 3 Jan. 107 Nov. Nov. 14 Jan. 4 Jan. 11 79* Jan. 90* Apr. Jan. 103* Sept, 27 108 110 Apr. 18 120* Jan. 99* Nov. 106* Nov. 23 Nov. Nov. Nov. Sale 82 Jan. 64 8 Nov. 10 Mar. 14 5 61* Jan. 20* Feb. 20 Nov. Nov. 8 Mar. 11* Nov. 12 10* Nov. 12 5 2* Apr. 96* Apr. Aug. 50 61 50* 25 Mar. 14 3 June 48 Nov. 29 104* Nov. Sale 108* 6 Nov. 50* 51 Sale Sale Sale 31 Jan. 2* Mar. 26 100* Nov. 53* 49 * 49* 48* 55 Jan. 23 May 2 5* June 18 5* May 27 13 5 25 30 31 4 Nov. 13 Nov. 12 86* Nov. 12 24 Nov. Nov. 30 Nov. 16 Nov. 29 Nov. 30 Sale Sale Nov. 12 Nov. 14 Nov. 12 5* Nov. 3* Nov. 29 Sale Sale 63 2 Nov. 14 ~ Nov. 12 4 27 25 25 21 20 109* Apr. 9 117 11* July 30 20 18* 9 Mar. 26 4* 2* Mar. 28 8* 4 Apr. 1 Nov. 10 28 117 July July July Jan. Jan. July 102* Jan. 25 4 118* Jan. 4 81* Jan. 113*32 June 2 111* Aug. 11 4 112* Jan. ltH Sale 83 47* Sale Tenn Copper dk ... 50* Sale 1 12 3 109* Jan. Feb. 111* Nov. 16 108 107* Nov. 16 104 Apr. Nov. 16 Nov. 15 May 16* Nov. 2 24 May 24 May 29* Nov. 4 Sale 107 105* Nov. Sale 106* Nov. 106* 107* 107 109* Nov. 110* Sale 109* Sale 101 101* 99* Nov. 100* Sale 90* 91* 90* Nov. 93* Sale Sale Apr. July 17 2 '67* Jan. June 16 110 101 10 12 June 17 106 100* Sale 55* Sale 59 Sale 54* Sale 54* Sale 54 Sale 63* Sale 88* Sale 69* Sale Jan. May 88 5 11* Jan. 14 13 Southern Natural Gas— A 10 12 10 7* Mar. 30 6* Mar. 31 5 Nov. 10 4* Nov. 3* 4* Nov. 18 Nov. 29 105 104* Sale 104 59* Nov. 29 63* Nov. 9 63* Sale Sale 77* 23 22* 83* 79* 97* 97* Sale 103 * 103* Sale 105* 106* Sale 13* Jan. 15* Jan. 13* Jan. Mar. 30 110»uNov. Nov. 21 10 20 8* Nov. 28 8 Nov. 29 17* Nov, 30 79 Jan. 38 Nov. 22 Nov. 28 Nov. 28 78 15 9 7 6* Nov. 29 8* Sale 17* Sale Mar. Oct. 97 98 Nov. 1 116* Nov. 28 109* Apr. Mar. 45 63 Nov. 3 Nov. 6 15 69 Jan. 62 23* Nov. 10 .... 77* Sale 75* 80 97 97* 106* Sale 100 Nov. 16 16 Sale 3* Sale 7* Sale 6 7 9* Sale 4* Sale 98* 60* Nov. 116* Nov. 15* 4* 64 60 35 28* Nov. 16 18* Jan. June 27 7 Nov. 12 107* Nov. 14* Nov. 15 Nov. 116 4* 5* 98* Sale 4* 11 Ill 5 5 8* Mar. 26 7 Sept. 28 8* Mar. 30 12* Nov. 12 Nov. 28 Nov. 26 98 Nov. 114* Nov. 59* Nov. 110*6 Nov. 30* 4 6 Sale Nov. 22 34 15* 15* 4* 14 60 Jan. Mar. 29 50 13 Nov. 9 11* Nov. 10 Nov. 28 Nov. 7 19* Nov. 26 12* Nov. 28 88 Nov. 23 7 Nov. 30 7 Nov. 26 35* 100 Sale 114* 58 62* 11025isll25i2 110*. 107* 108 16* 27*1 Nov. 28 Nov. 28 35 Sale 12* Nov. 26 50 Sale 22 .... 14 118 5s..........1963 89,000 Southern Bell Tel 8c Tel 3*s 1962 22,000 Southern Calif Gas 4*s..——1961 32,000 1st mtfte & ret 4s ... 1965 84,000 Southern Colorado Power 1st ft 6s *47 60,000 Southern Kraft Corp 4*8— 1946 51 31 20 7 32 * 1989 M N 11,000 Sclo Vail & N B 1st ftuar ft 4s 22,000 ♦{♦Seaboard Air Line 1st ft 4s ..1950 A O ♦♦Stamped 4s... .....1958 A O 353.000 61,000 ♦Adjustment 5s Oct 1949 F A ♦♦Refundlnft ft 4s 1959 A O 280,000 ♦Certificates of deposit.. 88,000 ♦1st 8c cons 6s series A ....1945 M S 952,000 ♦Certificates of deposit— 136,000 19,000 {♦♦Atlan-BIrm DIt lstft4s.Ma?1933 M S t8eaboard-AU Fla 1st 6s A 1935 ♦Certificates of deposit..... 296,000 Series B —1935 ♦Certificates of deposit... 22,000 1951 244,000 Shell Union Oil deb 3*s .1952 62,000 Shloyetsu El Pow 1st iH> Sale OttltJ 90 25 A o 9* 8* 10* 9* 9* 8* 9* Sale 7 20* ♦Stamped..................... South Ac Nor Ala ftu Sale Sale 13* Nov. 28 Nov. 2 10* Sale 8* 9* 10* Sale Sale 9} 98 J ♦Guarslnklnft fund 6*s Sale Sale 13 Sale Nov. 23 64 42* May 5 46* May 12 13* Nov. 10 11* Nov. 9 55 113 f Son Antonio Public SerT 1st 6s .1952 MN San Dlefto Cons G Ac B1 4s .....1965 M S Santa Fe Prose Ac Phenlx 1st 5s—1942 {♦iSchulco Co ftuar 6HI.........1946 ♦Stamped—.———. 60 Sale J San Ant Ac Aran Pass 1st ftuar 12* 10* 12» 10* 11* 9* 13 58* *14* J tPaclfic Ext sterling ftuar 4s.. 1940 St Paul Union Depot 1st 5s ftuar. 1972 16* 58 11* 55 60 12 61* Nov. 15 60* Nov. 15 15 Nov. 7 57* Nov. 28 4 55* Nov. Sale Prtces Sale Prices Sale Prices Sale Prices Ass 61 60* 14* 60 ""* fit Paul Minn 8c Manitoba— 10,000 44,000 61,000 15,000 v. 8,000 4,000 4,000 16,000 Sale 65 56 1 Highest Lowest Highest Lowest Nov. 30 Nov. 1 1938 Bid RANGE SINCE JAN. IN NOVEMBER PRICES Price Sales in November 29 EXCHANGE—BONDS N. Y. STOCK DEC., 1938] Nov. Nov. Nov. Nov. Nov. 10 Nov. 1 Nov. 9 Nov. 1 Nov. 17 Nov. 3 Nov. 3 Nov. 5 Nov. 9 Nov. 25 Nov. 21 Nov. 19 105 Jan. 28 Sept. 8 Nov. July 115* Nov. 29 119 June 104* Mar. 31 113* Aug. 7 107* Mar. 31 114* Jan. 97 Mar. 31 107* Jan. 109* Mar. 28 116 83* June 18 96 82 June 17 95* 4 108* 103 Apr. 69* Jan. 13 82 Jan. Feb. 2 9 9 9 3 3 14 17 Feb. 23 Nov. 21 Nov/19 30 N. Y. STOCK Sales in Price November BONDS Value N. Y. STOCK EXCHANGE PRICES 1938 United Drug Go (Del) 5a Bid Sale Sale Sale 57 27 93 27% 27% ........... ♦Sinking fund deb (Ha aar A.. United Stockyards 4%a w w Utah Light & Trac lat k ref 5a.. Utah Power k Light lat 5a 43% 43 % 48% 30 29% Sale Sale Sale Sale Sale 86 Sale 91 87 % 50 % Sale Sale 93 % 59 50 % Sale 59 Sale 56 1941 83 Sale Sale 98% Nov. 48% 49 ♦♦Debenture 5a.. conv fa 92% Sale Sale Sale Sale 98 % Sale 105% 107 109% 100 104 H 1 107 101 27% 27% 27% 88% Sept. 16 73 Apr. " 78% Apr. ..... ♦Dea Molnea Dlt lat g 4a ♦Omaha Dh 1st g 3H« 65 83 Sale 65 100 56 H Sale Sale 62 65 104 % Sale 105% 42% 25% 25% 34 % ~23~" 106 % 106 66% Sale A 84 79% 75 Sale Sale 40 Sale Sale Sale Warren R R 1st ref gu g 3Ha.. ..3000 Wash Cent Ry lat g 4a.........1948 Wash Term lat guar 3%s 1945 70 48 121% 102% 122 % Sale 104 121 H 120 44 Sale Sale Nov. 23 Sale 89% Nov. 15 9 88% Nov. 34 Nov. 102"" 106 120 Sale 123 Sale Sale 83 87 Nov. Sale 21 Sale 21 Sale 62 60% 61% 23% 53% Nov. Nov. Nov. Nov. 48 Nov. Sale Sale Sale Sale 23 24 Sale 75 Sale 23 53 % Sale 48 102 % Sale 101% 6% 4% Sale 101% 92 % 92% aer A 1955 Conr debenture 3% a ..1947 4,000 Winaton-Salem S B 1st 4a...__..I960 195,000 t♦Wisconsin Cent 1st gen g 4a..1949 ♦Certificates of deposit 15,000 110 53 Sale 5H 6 12 30 Jan. 27 Nov"l8 42 12 Aug. 15 14% Nov. 10 13% Nov. 12 7 14 Nov. 12 Mar. 28 6% Mar. 31 13% Nov. 10 100 Mar. 31 108% Nov.; 5 55% June 15 71 Mar. 3 68% June 23 82 Feb. 8 63% Apr. 1 72% Sept. 29 Sept. 14 28 91% Nov. 90 Oct. 4 27 49% Nov, 25 104 Apr. 19 108% Mar • 7 Mar 107% Mar. 11 110 5 102 Nov. 17 105% Jan. 12 3 123 Jan. 27 121% Feb. 5 106% Nov. 21 98% Apr. 116 Jan. 26 120% Jan. 12 Nov. 14 Nov. 21 Nov. 4 Nov. 10 106% Jan. 28 110% Nov, 10 2 107% Oct. 25 101% Apr. Nov. 17 68% Mar. 73% Apr. 14 97% Apr. 16 Nov. 21 Nov. 2 16 Nov. 1 15% 51% 48% 47% 18 Nov. 16 Nov. 3 Nov. 108 47 45 Jan. J an. Jan. Mar. 29 30 Mar. Apr. Apr. Mar. Sept. Sept. Sept. Nov. 1 31 2 25 27 26 29 28 Oct. 3 28 Jan. 21 Feb. 3 15 Jan. 27 June 1 105 June 17 Jan., 79% Mar. 31 6 91 % Jan. Nov. 26 10 5 27 Aug. July July July 1 100 2 96% Nov. 10 10^ 31 Nov. 10 Nov. 12 4 Nov. 10 Nov. 26 Nov. 3 4 Mar. 30 3 Jan. 14 101% Nov. 2 92% Nov. 22 96% Feb. Oct. 31 Nov. 71 Mar. 31 Oct. 8 Nov. 110 Nov. 4 Jan. 3 Nov. 9% Sale" 8 8% 5% 5% 5 Nov. 105% June 16 Nov. 4 10% Nov. 14 9% Nov. 16 6% Nov. 3 Nov. 8% Nov. 5% Nov. 8 107% Nov. "9% Mar. 29 Jan. 104 4 108% Nov. 10 5 '5 Jan. 6% Mar. 31 4% Sept. 21 5% Aug. 19 20 108 107% 9% — Oct. 93 14 (♦Worcester AConn P»«t Ry 4%al943 Jan. Nov. 17 48 6 Sale 20 1961 35 25 6% Mar. 29 6% June 18 Nov. 10 58% Nov. 10 50% Nov. 16 104% Nov. 22 Nov. 109 11% ♦♦Sup Be Dul Dir Ac Ter lat 4s. 1936 M N ♦Certificates of deposit 9 3 • 2 38 91 % Nov. 4 90 Nov. 1 49% Nov. 25 68 104% Nov. Nov. 108% 106 107% 108 Sale Nov. 95% Sale Wilson Be Co 1st M 4a Wisconsin Public Service 4a 60% Sale 61% Sale 21 51 (*♦ Wilket-Barre Ac Eaat lat gu g 5a 1942 67% Jan. Seot. 67% Nov. 12 Nov. A..1966 June 14 Nov. 17 25 Nov. 62 % 1953 aer Nov. 18 85% 89% 104% 26% 24% 64% 104% 103% Nov. 24 22% Nov. Sale Erie RR lat con g4s..l949 25 16% May 31 14% Nov. 10 13% Nov. 12 123 Nov. 88 103 % 22 Sale White Sewing Machine deb 6s... 1940 38 106% 120% 110% 106% 119% Nov. 109% Nov. 106% Nov. Sale 83 Sale I960 Registered 3361 Wheeling 5c Lake Erie Ry 4a D..1966 4 28 25 5 106% Nov. 22 108% Nov. 19 1 102% Nov. Sale" 105% Nov. Sale Sale Weat Shore lat 4s guar.........3361 1 107 % 106% Nov. 109 % 108% Nov. Sale 102 Nov. 123 Nov. Sale Gold 5s Jan. 48 i06~" Sale Wheel kL Nov. 18 9% Nov. 29 10 Sale West Maryland 1st g 4s. 1953 Plrat Be ref 5%s series A ...1977 Weat NY Be Penn Gen gold 4s...l943 )♦ Western Pacific lat 5s aer A...1946 Wheeling Steel Corp 4%s 38 Sale 90% 89% 48 35 109 % 110% 109 % Sale 106% 106% Sale 18% 45 75 July 63% Oct. 38 Nov. 17 45% Nov. Nov. 12 9% Sale 9% Nov. 29 14 11 10 No\. 23 0% 13% Nov. 10 107% Sale 106% Nov. 2 108% Nov. 5 66% Sale 66% Nov. 18 68% Nov. 28 Nov. 28 81 Nov. 14 77% 78% 79 108% 97 H 15 15% July Sale % Sale 28 June 90 106% 107 % 108 109% Sale Nov. 16 Aug. 3 May 16 Mar. 1 26% 90 99% Mar. 31 July 32 23 H 16% 1st mtge 3Hs series 1..........1966 West Va Pulp 8c Paper 4Hs ..1952 •Westphalia Un Rl Pow 6s 28 99% Mar. 30 105% Nov. 25 Nov. 45% Nov. 10 ii* II* ...... 28 59% Oct. 35 48% Nov. 14 30% Nov. 12 25 35 10% 12% Western Union 4%s gold......—1950 Gold 5s J95! Oct. Mar. 24 39 42% Nov. 25% Nov. Sale 38" 45 Sale Weatcheater Light gold 5a....... 1950 60 75 44% 27% Gen mtge 3He................1967 West Pent* Power 5a serlea R 1963 97% Nov. 30 Mar. 24 106% Nov. 30 107% Nov. 25 Nov. 56% Nov. 30 62 104% Nov. 1 105% Nov. 39 lat 40-year guar 4a 1945 Wash Wat Pow lat ref 5a —.....1939 94 10 30 10 12 16 29 97% Nov. 28 77 Apr. 101 104% July 29 105% May 16 104 % June 20 2% Sale 106% Nov. 30 107% Nov. 25 Nov. 1 57% 43 45 Nov. 18 103 Sale Oct. Nov. Nov. Nov. Nov. July ---- 39% 45 Sale 508,000 Warner Bros Pictures conr deb 6sl939 Certificates of deposit. 131,000 731,000 (♦Warien Bros Co deb 6s 1941 Nov. 16 — Sale 1939 1941 ♦Tol 5c Chic Dl? lat g 4a 2,000 1941 210,000 (♦Wabash Ry ref k gen 5%s A..1975 ♦Ref fie gen 5s (Peb '33 coup) B.1976 157,000 265,000 1 *R«f A gen 4Hs series C -.1978 ♦Ref Be gen 5s series D 253,000 1980 69,0001 Walker (Hiram) G Be W dab 4%s.l945 115,000 Walworth Co lat mtge 4a ...1955 6a debenturea 5,000 1955 1 101 Nov. 15 45 1 43 59% A.1966 Nov. 59 50 45 105 Nov. 18 Jan. 13 May 26 45 .... 1H Va Be Southwest lat guar 5a....3003 Plrst cons 5a .......1958 aer - 107 % 163,000 1 ♦♦Wabash RR 1st gold 5a 1939 ♦Second gold 5a..............1939 105,000 ♦1st lien 50-year gold term 4a. 1954 4,000 ♦Det 4c Ch Rx 1st g 5a 2,000 ..1941 33",006 19% 104 ... 209,000 Virginian Ry lat Be ref 3%a 96 % Sale Prices Mar. 23 81% May 109% Mar. 30 28 Peb. 123% Sept. 28 104% Jan. 25 49% Jan. 22 49% Jan. 18 49% 60 107 110 (♦Utilities Pow & Ltg deb g 5%«_ ♦♦July 1914 coupon off.. 54,000 Virginia Elec & Pow 3%s aer B..1968 7,000 Va Iron Coal k Coke lat g »■ 1949 41,000 Sale 49 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Highest Sale Prices Sale Sale Sale Sale Prices 69% 108% 24% 117% 104% Sale 23 Sale Prices 91 117H 104 H ♦Assented 1 Lowest 95 H 97 % 57 118% 123 104 % ♦United Steel Wka g *%• aer A.. Highest Nov. 9 30 75 3 108% Nov. 3 Nov. 15 29 28 Nov. 7 29 121 ' 104% Nov. 30 43% 49% Nov. 10 43% 1 49% Nov. 12 43% " 49% Nov. 16 Nov. 1 90% 16 93 90% 2 97% Nov. 30 93 Nov.- 1 97% Nov. 28 Nov. 1 56% Nov. 18 59 U S Steel Corp 3%a deba 25 ..... « 4a A.........1955 Conaol 4a Serlea B... ..1957 ♦♦Vera Crux 5c Pacific lat 4Ha 1934 249,000 42,000 61,000 100,000 263,000 79,000 138,000 181,000 26,000 120,000 40,000, 3,000 55,000 186,000 13,000 6,000 85,000 9,000 Sale 69% 108 % 110 27 24% 108% 110 Vandalla conaol 10,000 100,000 9,000 7,000 69,000 30,000 39,000 26,000 RANGE SINCE JAN. Lowest Ask Ask Bid 74 Sale ♦(♦United Rys St L lat g 4a U S Pipe Be Fdy com deb 3%«.._. ♦6H* aerlea C NOVEMBER Nov. 30 Nqv. 1 UN J RR & Canal Co gen 4a.... 96,000 Vanadium Corp (Am) ii",666 IN Jan. 3 sft, Ashp 149,000 1,000 37,000 55,000 888,000 100,000 27,000 89,000 37,000 192,000 295,000 116,000 200,000 EXCHANGE-BONDS 10 Mar. 14 2 Apr. Feb. 21 Nov. 10 Feb. 18 Youngstown Sheet Be Tube- 51,000 371,000 Convertible deb 4s 1st mtge a f 4a aeries ... C...... • Negotiability impaired by maturity. ♦ 1948 M S 106 1961 UN Bonds selling flat 96% Sale ( Companies 102 % Sale Sale 103% Sale Goodyear Tire & Rubber 5s 1957, Dec. 30 at 102 Hackensack Water 4s 1952, Apr. 26,1939, at 105 Republic Steel 4%s 1950, Dec. 30 at 105 San Antonio P. S. 6s 1952, Jan. 1, 1939, at 110 t The price represented is the dollar quotation per 200 pound unit of bonds. Accrued b*terest of the such companies. a Deferred delivery sales, only transactions of month, and not included in year's the current range. 1 n Under the rule sales, only transactions of the cjurrent month and not included in year's range 1 r Cash sales, only transactions of the current month, and not included in year's range. x payable at exchange rate of $4.8484. Ex-interest. (Continued from page 18) previous refutation of similar rumors upon the publication of the Anglo-American trade agreement on Nov. 17. "The French franc moved closely in sympathy with the franc, or about 170 francs per pound, and the suspen¬ of three years, was sion of the 40-hour week for a period the evening of Nov. 12 and was followed, when exchange markets opened on Nov. 14, by a brief period of made on covering short positions in the franc. ering movement was approximately Minister of the Raynaud's Chamber of The size of this cov¬ indicated by Finance statement to the Financial Committee Deputies on Nov. 23 that the French Stabilization Fund had acquired 1,500,000,000 francs of gold since Nov. 1. The refusal of Socialist groups in the Parlia¬ z The following deferred delivery sales were transacted during the current month and are not included in the monthly or yearly range: Adriatic Elec. 7s 1952, Nov. 3 at 66 107% slowed down the covering movement, but the strong meas¬ undertaken by the French Government to suppress strikes were favorably interpreted by those groups in France ures Minister Marchandeau was followed by the appointment to the Louisville & Nashville— to support the program, and the outbreak of wide¬ spread strikes against the suspension of the 40-hour week resumed included new taxation to bal¬ ance the ordinary budget, a revaluation of the gold stock of the Bank of France on the basis of 27.5 milligrams of gold transacted not included ment which hold of this program, which were are Southern Ry. 4s 1952, Nov. 14 at 80 Nord Ry. 6%s 1950, Nov. 3 at 104 Texas & Pacific 5s 2000, Nov. 25 at 117%. Cuba 5s 1944, Nov. 30 at pound in the New York market, closing at $0.0261 1/16 on Nov. 29, compared with $0.0266 1/16 on Oct. 31. Before the middle of the month, however, the resignation of Finance of Paul Reynaud to the post and by the promulgation of 44 decrees embracing his recovery program for France, issued under the provisory powers accorded the Daladier Govern¬ ment by the French Parliament on Oct. 5. The announce¬ Nov. 30 104% Nov. 28 106 96 Apr. 5 103% Nov. 25 1 e The following cash sales during the current month and in the monthly or yearly range: re receivershi 5 The following bonds have been called for re¬ demption in their entirety: Crown Willamette Pap. 6s 1951, Jan. 1 1939 at 103 Fiat deb. 7s 1946, Jan. 1, 1939, at 105 ment Nov. 30 104% Nov. 28 106 102% Nov. 1 103% Nov. 25 few capital abroad, with the result that in the last days of the month the flow on a of funds to France was considerable scale. "Among the other European currencies, the belga remained $0.1691% and appreci¬ ated against sterling from 28.16 to 27.54 belgas per pound. firm against the dollar at a level of The guilder and the Swiss franc declined in sympathy with the pound from $0.5444 and $0.2270%, respectively, on Oct. 31 to $0.5405 and $0.2260 on Nov. 14, before breaking the pound and firming in New York back to $0.5442 and $0.2273 on Nov. 29. In terms of the pound loose from sterling these currencies remained relatively steady at 8.75 guilders per pound and 20.95 Swiss francs per pound, respec¬ tively, until Nov. 14, after which they appreciated to 8.56 and 20.49. "With respect to other currencies, Canadian exchange in sterling, and its quota¬ the discount of %% with failed to respond to the weakness tions fluctuated only slightly from which it had opened the month. The Argentine official (Continued on page 40) New York Stock Exchange MONTHLY AND YEARLY RECORD :rPRICES DURING NOVEMBER 1938 RANGE OF STOCK ' Stock Sales 269,974,663 Jan. JL to Nov. uU 1 IU 1MUV# 30 .• ots MrtTTCJE—Clash and deferred delivery sales are outrtdfjfthe r^ular rMathfy ra^e are ft^wn range Jan. 1 to Nov. ' Stock Exchange, effective Oct. except in the case of stocks which sell only In a small way. In accordance with a rule or the In Since 2,100 \ 22,900 1,600 4,500 26,600 3,100 49",900 52", 156 42,400 8,100 12,700 10,700 103,300 5,000 13,900 2,700 20,300 91,300 1,800 65,200 4,000 11,800 800 14,600 6,100 20,800 1,030 42,700 11,000 17,400 370 16,500 2,100 29,400 4,100 36,200 200 2,700 50 4,800 17,500 8,500 700 11,100 400 20". 166 7,200 6,800 3,600 3,200 46,200 5,200 3,300 5,100 3,700 18,900 40,600 3,900 61,700 10,000 24,400 N. T. STOCK EXCHANGE 200 890 70,100 9,800 12,100 154,900 280 138,900 6,700 20,700 18,600 1,440 77,000 2,600 1,400 100 60,000 13,200 1,100 8,100 3,300 1,000 36,400 9,300 18,500 1,900 44,600 104,500 1,000 8,900 11,000 61,900 Par 200 Abbott Laboratories.......* 400 4)4% cony preferred.-.100 720 Abraham & Straus———* -—25 16,700 Acme Steel Co 316,200 Adams Expreaa ...... .—--* * 12,300 Adams Mlllls 53,800 Addressograph Multlgraph 10 340,700 Air Reduction Inc..... ....* 70,700 Air-Way Blec Appll Corp....* 70 Ala & Vickaburg Ry Co... 100 655,900 Alaska Juneau Gold Mln.lff 50 Albany 9c Susquehanna.. 100 354,200 Allegheny Corp......—...* Pref series A 930 warr'ts .100 326,200 Pref series A 940 warr'ts 100 51,800 Pref series A 930 ex-war .100 45,500 92 50 prior con* pref 31,100 * 181,800 Alleghany Ludl'm Steel Corp* —1 60,800 Allen Industries Inc • 163,900 Allied Ctaem Oc Dye s, 5 14,300 Allied Kid Co * 117,100 Allied Mills Co Inc 983,100 Allied Stores Corp * 20,800 5% preferred ..100 929,900 Allls Chalmers Mfg —-* Nov. 1 Ask Bid 37)4 37)4 43 54 Sale preferred..........—50 6% 49 1 1054 Sale 21 Sale 28 Sale Sale 63 Sale a1** Sale IK Sale Sale" "i~H Sale" Sale" 13 11 11 Sale 15 15 13 Sale "7H "8M 159 )4 854 12 M 6 54 47 46 54 4,447,500 6,900 26,900 98,100 460 3.440 Sale 9)4 Sale Sale 49 54 Sale .100 new....* .............100 Mill.....25 American Rolling 4^% cony preferred... 100 Raxor......18.50 American Seating Co.... ..* American Ship Building—. Amer Smelt 5c Refining* ......... 100 Snuff ..........25 0% preferred—........100 Anaconda Copper Corp* preferred-....-* Anchor Hocking Glass 96.50 cony for footnotes see page .....50 Anaconda Wire Ac Cable.—* 40. Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices 5634 Nov. 1 Nov. 17 61 46 Nov. 7 1034 Nov. 28 2154 Nov. 28 2734 Nov. 28 61 Nov. 29 1 Nov. 18 4954 1254 2334 29)4 67)4 1)4 9 54 134 12)4 1034 1034 1534 2154 1034 28 1254 6)4 Mar. 30 24 14)4 Mar. 31 30 1654 Mar. 31 40 May 2 67 K 154 54 Mar. 30 68)4 67 Aug. 3 854 Mar. 31 .1354 95 Apr. 16 [115 154 K Mar. 31 6)4 June 17 17% 17)4 5 Mar. 30 1754 5)4 June 17 754 June 18 21)4 1454 Sept. 26 2954 14)4 4)4 Mar. 30 Nov. 9 Nov. 12 Nov. 2 3 10)4 Nov. 28 1654 Nov. 14 Nov. 29 Nov. 29 Nov. 1 Nov. 1 Nov. 14 Nov. 14 15 1454 Nov. 14 Nov. 14 29% Nov. 11 65 Nov. 28 Nov. 26 Nov. 28 69 7 20 Sale 47 Sale 19 19 Sale 17 K Nov. Sale 2)4 Nov. 22 Nov. 23 20 2 66 K Nov. Nov. 1 23 1734 Nov. 29 5454 Nov. 16 6)4 Nov. 4 25 Nov. 4 Sale Sale 21 23 2354 Sale Sale Sale Sale 2354 17)4 Sale 55 Sale 754 Sale Sale Sale Sale 46 135 138 125 Sale 98 K Sale 175 170 Sale Sale 5034 Sale z45 43 48 Nov. 28 2154 Sale 20 Nov. 28 Sale 15 Sale Sale Sale 10 500 Sale Sale Sale Sale Sale Sale Sale Sale 4254 12454 122 15 16 K 754 8)4 1234 12M Sale Sale 1054. 7434 634 167 334 17K 8)4 13 K 13 K 454 Sale 75 Nov. Nov. 17 Nov. 28 Sale Sale 3)4 Nov. 28 Nov. 28 Nov. 28 Sale 7n 12)4 13)4 454 Nov. 28 30 Sale 30 Nov. 30 43)4 Sale 43 Nov. Sale 1454 May 27 1 78 July 28 K Oct. 13 Nov. 2134 Nov. 10 10 Mar. 30 23)4 July 19 7 46 Apr. 27 63 Nov. 854 Nov. 15 52* Nov. 1 Nov. 5754 Noy. 2354 Nov. Nov. 15 K Nov. 28 Nov. 17 15 , 9 K Nov. 14 Nov. 14 Nov. 12 Nov. 10 556 Nov. 2 7)4 Nov. 14 Nov. Nov. Nov. 10 Nov. 28 Nov. 10 Nov. 18 Nov. 14 Nov. 15 3 Nov. 17 Nov. 21 Nov. Nov. Sale Sale 7 Sale Sale Sale Sale 24 Nov. 28 Sale Sale Sale 25 69 Sale 68 Nov. 30 Sale 1554 Sale 14 Nov. Sale 354 Nov. 3 37 K Nov. 28 Nov. 16 Nov. 14 Nov. 9 119 Nov. 28 63 13 Sale 2654 27)4 5)4 Sale 38 K Sale 30 12 X Sale 125 Sale 26)4 Sale 554 Sale 26 Nov. 22 Nov. 40 Nov. 19 Nov. 10 Sale 33)4 Nov. 29 Nov. 10 Sale Nov. 28 Nov. 10 Sale Sale Sale 44)4 Sale 124)1 49 125 21* 129 51 Sale 11% 16)4 162 Sale 29 Oct. 26 9 31 30 Mar. 31 9)4 100)4 88)4 13)4 4)4 Mar. 29 9 Mar. 29 3454 Nov. 5754 Nov. 2354 Nov. 9 9 9 Mar. 29 Nov. 14 Sept. 2)4 Mar. 25 4 Mar. 29 177 2)4 13 K 5)4 Jan. 22 Mar. 30 Mar. 29 Mar. 30 Mar. 26 May 26 Mar. 29 12 Mar. 29 3054 Mar. 26 10 9 2 Oct. 4 13 % Nov. 26 Mar. 30 iH Mar. 29 June 17 10 Mar. 31 Mar. 31 IS* 9 Nov. 15 8)4 Mar. 30 Sept. 28 23 Nov. Jan. 24 115 Mar. 31 125 20 15 68 1)4 5 Aug. 24 21 135 3 105 K Oct. 13 9 30 176)4 Nov. ii* irA Oct. 21 July 19 Nov. 14 Jan. 12 18 654 Jan. 25 17?" Jan. Nov. 14 Jan. 22 July 2 25)4 Feb. 25 1254 July 20 15* 3i* 4454 2)4 20)4 854 July 2 Nov. 14 Nov. 15 Nov. 17 Nov. 21 June 23 July July 20 19 Nov. 10 79 Nov. 12 1754 July 25 45* Jan. 12 Oct. 17 Nov. 23 Mar. 30 122 29 K Jan. 18 Mar. 29 7)4 Oct. 17 Mar. 29 Mar. 30 4754 Nov. Mar. 31 41K Nov. 16 K Mar. 31 19)4 Oct. 9 Mar. 30 148 1 165)4 Jan. July 24)4 Nov. 13 Mar. 30 10 10 13 12 12 Sale Nov. 28 Nov. 12 Sale Nov. 1 Nov. 12 58 Mar. 29 Sale 16 H Sale Nov. 14 Nov. 9 14 7 Sept. 28 8054 July 20 20 K Jan. 12 Mar. 26 23)4 22 Apr. Sale 34 Sale Sale 61 Sale 8)4 Sale Sale 16)4 19% Sale 32 Sale 15 34 Nov. 4 Nov. 29 18 Nov. 26 31 52 138 Sale Nov. 28 Nov. 12 Nov. 9 135 Nov. 4 Nov. 21 60 Nov. 4 Nov. 14 60 140 61K 142 K 149 Sale Sale Sale Sale Sale Sale Sale Sale Sale 1954 20 Sale Sale 141 Nov. 15 30 K Nov. 28 Nov. 29 8 1334 Nov. 28 22 K Nov. 28 10254 Nov. 14 Nov. 2 Nov. 14 Nov. 5 84 Nov. 28 Sale Sale 14954 Nov. 15 Sale Sale 150 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 32 Sale Sale 38 Sale Sale Sale 59 Sale 65 Sale Sale 112)4 18 Sale 38 a* Nov. 10 Jan. Oct. IS 11 11 2 117 K Mar. 14 Sept. Sept. 14 Mar. Mar. Mar. Mar. 30 20)4 30 150 30 88)4 31 9154 31 Jan. Oct. 27 Nov. 14 Aug. Oct. 6 25 1 Nov. 14 1154 Nov. 28 Nov. 17 Nov. 10 Nov. 1 Apr. 1 151)4 Nov. 7 9)4 Nov. 14 Mar. 28 16 K Nov. 10 Mar. 30 Apr. 16 91 Nov. 28 Nov. 9 Mar. 31 Nov. 28 Nov. 9 Nov. 28 Nov. 9 Nov. 9 Mar. 31 Mar. 30 Mar. 26 Nov. Nov. 89 Sale Nov. 12 Nov. 7 Nov. 61K Nov. 14 Jan. 17 148)4 Aug. 30 Mar. 31 Mar. 21 1 9 11 9 Nov. 21 Nov. Jan. 7 June 10 9 Nov. 28 130 11% ar. 31 Mar. 29 139 4554 Apr. Nov. 10 Nov. | 1 Nov. 82 28 103 1 Nov. 10 Nov. 10 Nov.1 150)4 Sale 3 5 Sale Sale Nov. 19 K Nov. Sale Sale 49)4 139 88 Sale Nov. 7 1454 July 18 Sale 144 Sale Sale Nov. 30 10 Si* 72 133)4 )S)4 1# 2 Nov. 12 31 Nov. 10 Sale AW Nov. 28 Sale Sale Sale Sale Sale 122 Sale 157 165 17 54 Sale 66 Sale 17 10 29 38)4 Sale 119 3 1 Nov. 10 Nov. 10 Nov. 12 Jan. ar. Nov. 23 17)4 9 3)4 154 Oct. 23)4 Mar. 114 Apr. 7054 Jan. 160)4 Mar. 1254 Mar. 6^4 27 9 1)4 Nov. 29 13)4 Nov. 26 654 Nov. 28 IK Sale 14 13)4 Oct. lb Oct. 17 23 77 6)4 Nov. 30 20 55 180 Sale 17 26 25 13)4 Nov. 9 70)4 Oct. 28 5554 Oct. 17 1254 Oct. 14 K July 10 Nov. 29 Sale Oct. 7 12 12 12 14 12 26 7334 Nov. 16 , , 30 12 11 18 2 27 2554 Nov. 10 Nov. 28 4 K Nov. 28 1 Aug. Nov. July Oct. Feb. Aug. Jan. Jan. Jan. Jan. Nov. Nov. Aug. 24 15 13 Sale Apr. 14 19 Oct. 22 Mar. 30 4 124 Nov. 28 Mar. 31 34)4 Mar. 31 Jan. July Mar. 26 11234 Nov. 14 115 122 Mar. 31 197 Mar. 31 854 Mar. 28 4)4 Mar. 26 38 9 Nov. 14 176 K Nov. Nov. 28 3454 Nov. 46 3 Nov. 16 Nov. 175 124 7 June Nov. 14 K Nov. Sale 125 Nov. 3)4 24 Nov. 12 132 Sale 115 5354 Nov. 12 96)4 Nov. 18 103 130 29 117 Sale Nov. 19 9 Nov. 10 63 2K 19 72 12 13 % Nov. 65 52 Nov. 14 Nov. 3 Nov. 29 Nov. 62 Sale Feb. Nov. 10 Nov. 14 10 K Nov. 29 1354 Nov. 9 Sale 180 Nov. 21 19334 Nov. 10 Sale 1134 Nov. 30 1234 Nov. 12 Sale 12 Nov. 28 14)4 Nov. 16 Sale 4 61 i; Nov. 17 6 19 123h Oct. 45 Oct. 15 30)4 Mar. 23 36)4 11954 July Sale Sale —...* ' Sale Sale 24 Sale 22 31)4 768,000 Amer Steel Foundries......* 8)4 52,100 American Stores...........* 6,300 American Stove Co.......—* 25 73,000 American 8ugar Refining. 100 Preferred .......100 109 54 25,100 16)4 23,600 Amer Sumatra Tobacco.....* 144 540,100 Amer Telep Ac Teleg..——100 60 American Tobacco .——...25 81,300 63 Class B 25 224,200 6% preferred.......—..100 138 19,850 221,900 American Type Founders...* * 1,085,200 Am Wat Wks Ac El 80 96 1st preferred.....—...* 7,000 4 103,400 American Woolen.....——.* 28 Preferred.......—..—100 140,000 667,900 Amer Zinc, Lead Ac Smelt—.1 29 95 prior cont pref..—...25 7,800 800 Sale 1634 25)4 12 K 10)4 Sale 18634 Sale UK Sale 1254 Sale 1154 Sale Sale 119 95 preferred.—. Am Radiator At Stand San. _ 1134 Sale . 30 101 96 preferred Preferred Sale ......—* Light..———* American Sale 12 Sale 6% Conv preferred Amer Safety K Sale IK Sale 13 54 Sale Amer Power 9c - 9 Sale 3 American News Co >r. RANGE SINCE JAN. 1 NOVEMBER 120 Metals—..* American Metal Preferred 24 Sale 15 Internat Amer Machine 9c ■V;:'.-...*;- , 65 "11)4 Sale" preferred....——...tOO Corp.....—* Amer Locomotive ..———• Preferred .........100 Am Mach Ac Foundry——* 46 Sale Sale Sale 20 1 ———* ... 45 Sale 35 Sale Sale 8)4 Sale 19 Amer Home Products— American Ice Ask Sale 60)4 Sale 133 % 13034 119 Sale ::::: ........ Amer IN Nov. 30 Ask Bid 45 12 )4 Sale 64,800 Alpha Portland Cement • 2)1 Sale 75,900 Amalg'mLeatherCos,lncNewl 18 21% 7,400 6% cum preferred.......50 57 Sale 116,000 Amerada Corp.............* 18,900 Am Agrlc Chemical (Del)new* ..10 "II"" Sale' 219,200 American Bank Note 49 H Sale 6% preferred .......50 7,590 b American Bosch Corp 1 188,800 Rights.. 33,800 42 H Sale 113,100 Am Brake SAP 5 H % cony preferred 100 115)4 123)4 4,100 70 X Sale 208,000 American Can............25 167 Preferred .-.--.-100 165 16,900 24)4' Sale 253,800 Amer Car 9c Foundry.......* 42)1 48 Preferred -100 40,200 14)4 Sale 422,800 American Chain 9c Cable—* 95 150 5% preferred.......—.100 2,100 92 95 23,000 American Chicle—....—...* 25 160 Am Coal Co of Alleg Co N J 25 6 654 American Colortype 10 44,400 1134 Sale 129,900 Am Com Alcohol.........-20 13 54 Sale Amer Crystal Sugar Co....10 138,500 80 87 6% 1st preferred....... 100 4,730 354 Sale 209,800 Amer Encaustic Tiling.....1 5K 8 3,700 Am European Securities....* 10 American Express Co.....100 176)4 300 354 Sale Am Ac Foreign Power.......* 386,500 20 Sale 97 preferred..............* 91,400 8 54 Sale 2d preferred A.......... 129,600 15 Sale 96 preferred..... .....—.* 39,500 10)4 11)4 24,700 Am Hawaiian Steamship...10 3)1 Sale 244,200 American Hide 9c Leather ..1 331,100 ■ Jan. 3 1938 6% ' . No account is taken of such sales in computing the Price 31,700 28,400 44,600 52,300 21,800 143,100 386,600 1 40,200 179,600 87,100 271,900 5,000 16,020 1,090,000 170,300 217,300 1,897,100 1,080 744,200 61,300 64,700 104,800 23,300 1,257,400 22,400 19,100 1,620 . they are the only transactions of the month, and when selling month In which they occur. PRICES STOCKS Shares 3,600 v .. disregarded in the month's range, unless ia & footnote in the Jan. 1 Shares • . ; SALES November ----l»642,256,000 Prices are on a basis of 100-ehare ^ 3. 1915, all stocks are now quoted dollars per share. for the year. AGGREGATE 30r . $172,494,000 2,694,532,000 $155,868,000 November j29,254,626 381,042,190 .s27,922,296 erahS November. 1937 1938 Bond Sales 1937 1938 ' 31 A W 45 Nov, 4i* Oct. 9 17 July 25 Oct. 17 31 1 Nov. 28 Nov. 9 May 26 55 Nov. 28 Mar. 29 Oct. 17 Nov. 22 Nov. 14 Nov. 3 Mar. 31 Aug. 110 Nov. 26 Nov. 12 Apr. Oct. 42)4 6454 21% 6 113)4 5 19 N. Y. STOCK EXCHANGE-STOCKS 32 SALES AOOREOATE In November , 18,000 Andes Copper Mining Co..20 12,800 A P W Paper Co • 200 > 38,900 6,900 13,900 40 30,500 500 200 1,700 230 100 121,200 16,400 30,500 700 11 100 16% 95 ....5 41,100 $6 convertible preferred..* 1,000 7% preferred ......100 232,300 Armstrong Cork Co........* 69,700 Arnold Constable Corp.. 5 83,300 Artloom Corporation * 40 7% preferred ..100 353,100 Associated Dry Goods 1 4,500 6% 1st preferred....... 100 2,060 7% 2d preferred........100 9,500 Associated Investment Co..* 2,046 5% pref with warrants.. 100 420 5% preferred ex-warr. 100 863,806 Atchison Top Ac S Fe_. 100 111,700 8% preferred........... 100 234,260 Atlan Coast Line RR 100 21,484 Atl G Ac W I SS Lines • 26,100 5% preferred ......100 349,000 Atlantic Refining 25 17,806 4% conv pref series A...100 303,500 Atlas Corp 5 32,600 6% preferred............50 24,500 Atlas Powder..... • 2,390 5% preferred...........100 25,666 Atlas Tack Corp * 92,400 {Auburn Automobile .......* 26,900 Austin, Nichols At Co * 3,730 $5 prior A ♦ 690,106 Aviation Corp (Del) The—..3 800 36,100 4,700 2,900 80 2,800 13,600 6,100 900 192,300 16 26 Sale 103 103 6% 6 58 48% 52 1 IP 72 Sale 92% 92% 38% Sale 64% Sale 7 12 23 108 82 43 62 120% 6% 3% 2fff Sale 3% Nov. Mar. 31 Mar. 31 10 Nov. 1 2 Nov. 9 20 116 82 Nov. 15 65 Nov. 9 Nov. 30 39% Nov. 9 103 90 Nov. 90 Nov. 2 3 36% Nov. 62% Nov. 24% Nov. 6% Nov. 10% Nov. 21 % Nov. 28 28 29 28 29 28 4 94% 90% 38% Sale Sale Sale 6% 10% 22 ii* Sale 125 Nov. Nov. 15 Nov. 14 6% Nov. Apr. July 52% Nov. Nov. 7 50 57 53% Nov. 14 Nov. 29 3 4 Nov. 28 Nov. 5 26 Nov. 9 5% Mar. 25 8% Nov. 5 Mar. 30 Nov. 29 Nov. 29 Mar. 29 72 Nov. 14 Nov. 9 75 13 72 12% Nov. 12 73% Nov. 12 Nov. 29 Nov. 29 8% Nov. Aug. 73% Sept. 39% Nov. 24 Nov. 29 44% Nov. 10 72 14 Jan. Mar. 25 29% Nov. 8% July Mar. 26 14 Mar. 31 27 Mar. 31 Nov. 10 9 8 9 Nov. 29 95 95 22% Mar. 31 40 May 27 95 95 5 Nov. 29 12% Nov. 12 Mar. 29 Jan. 22 44% Nov. 10 69% Nov. 15 29% Nov. 9 7% Nov. 7 12% Nov. 4 9 7 Jan. 10 Jan. 20 Apr. 12 109 V 91 Mar. 30 Aug. 11 Jan. 10 48 > Aug. 8 Mar. 26 Nov. 14 68 Mar. 29 Jan. 3 125% Nov. 25 8 Nov. 15 ■,Ly± Nov. 18 in ov. 10 Nov. 15 5% Nov. 4 4% Nov. 30 27 Nov. 30 12% Mar. 30 5% Nov. 17 7% Jan. 12 Jan. 31 P 24% Mar. 26 125% Nov. 25 6 Sale Sale Sale 7 72 Mar. 19 2 108% Nov. 5 9 Nov. 12 48 Nov. 12 68 Nov. 14 "?% 14 122% 103% Mar. 30 3% Mar. 26 28% Mar. 28 Nov. 28 Nov. Nov. Nov. 1 1 9 Oct. 17 July 7 8 Oct. 19 Oct. 24 July 19 31% Aug. Mar. 30 93 20% May 12 July 5 35 10% 108% 108% 109% 108 Sale Sale 8 7% _=3% 44% 44% Sale 62 66 63% 64' Sale 16% Nov. 10 2 63 11% 72 Sale 8% 13% 15% Nov. 10 27 70 51% Sale 75 Sale Sale 50 Sale Highest Sale Prices 58% 43 Sale Lowest Sale Prices llH 5% 75 Sale Sale 78 Sale Highest Sale Prices 27% Nov. 28 121% Nov. 15 Sale 102 Nov. 4 Sale 5 Nov. 29 Sale 42% Nov. 29 57 Nov. 7 74 Sale 46% Nov. 1 Sale 11% Nov. 21 Sale 7% Nov. 18 Nov. 29 77% 72 Sale 9% Nov. 28 Nov. 1 72% 71 49 60 27 Ask 2 121% 38 90 90 • 1,300 85,000 a1^ Sale Sale 121% Lowest Sale Prices Nov. 30 Ask Bid 29 24 119 * Nov. 1 Bid Bid 100 27,000 Archer Daniels Mid 1,100 Preferred 12,400 Armour (Del) 7% pref 628,650 Armour of Illinois 50 1,600 49,200 4.500 1938 Par Shares 1.800 1,300 3,600 1!! Price Jan. 3 Jan. 1 Shares RANGE SINCE JAN. NOVEMBER PRICES IN STOCKS M.7. STOCK EXCHANGE Since 7% Nov. 26 2% Mar. 29 8 ., Apr. 1 6% Jan. 12 4% Nov. 30 2% June 2 2 Mar. 25 27 Nov. 30 7% Nov. 26 Baldwin Locomotive Works 115,700 66,000 23,200 „ 1,300 110 22,400 994,700 V t c when Issued...... 13 1,146,100 Baltimore At Ohio... 100 276,700 4% preferred .....100 9,900 Bangor At Aroostook......50 1,030 8% conv preferred...... 100 281,300 Barber Asphalt Corp...... 10 56,366 Barker 3,400 210 62,200 19,300 1 00 3,000 200 "2",300 5,400 100 106,300 11,500 7,900 267,000 118,000 4,800 6,000 5,800 47,800 20 10 239,100 8,000 1,092 2,720 2,800 60,500 46,800 2,000 4,600 5,700 103,700 65,400 600 5,100 16,900 14,000 121,400 29,400 16,200 700 8,800 >io,ioo 410 130,300 4,390 27,400 12,000 7,200 14,000 45,600 11.900 800 1,190 11,100 1,400 19,300 19,800 550 11,500 13,500 40,600 9,600 43,000 140 117,800 3,000 3,800 340 250 5,300 9,200 15,200 640 33,000 1,300 86,100 700 2,700 27,400 780 5,100 28,600 930 4,100 3,700 300 10 Sale Sale Sale Sale Sale Sale Sale 30 Sale 96% 212 Sale Sale 12 • Sale Sale Sale Sale Sale 18 Sale Sale Sale 99 102% 99 113% .... Sale 9 Nov. 10 Nov. 9 Nov. 10 9 Jan. 98 1 Mar. Mar. ilH 9 Mar. 34 Nov. 10 Mar. Nov. 14 32% Nov. 16% Nov. xl8% Nov. 112 Nov. 17 Nov. 99 Nov. Mar. Apr. Nov. 21 1 Nov. Nov. 7 120 Sale 3 115% Nov. 22 Sale 113% Nov. "7% Nov. 76 71% Nov. Sale 21% Nov. 20% 18% Nov. Sale 51 % Nov. Sale 66% Nov. Sale 17% Nov. Sale 108% Nov. Sale Sale 24 Nov. Sale Sale 21 Nov. Sale Sale 15% Nov. 18% Nov. Nov. 12 Nov. 1 Sale 73 Sale Sale Sale Sale Sale Sale il Nov. 627,800 28,710 232,100 238,300 80,000 171,200 355,100 52,200 11,100 Budd (E G) Mfg Preferred Budd * 7% ..100 Wheel Bulova Watch » * ...... Bullard Co .._...* Burlington Mills Corp ...1 Burroughs Add Mach. .._...* Bush Terminal Co ...1 7% debenture...... 100 iBush Term Bldgs— Pref ctfs of deposit 100 5,800 ......10 119,300 Butler Brothers 5% conv preferred ....30 25,500 5 169,900 Butte Copper Ac Zinc —.......* 165,200 Byers Co.. < Partlc preferred 100 8,510 70,800 Byron Jackson Co..........* Calif Packing Corp. ♦ 94,300 5% preferred............50 9 2 30% 115% 9 July 19 4 Sept. 83 Jan. 11 Mar. Nov. 22 Mar. 25% Oct. 19 20% Nov. 22 Nov. 14 1 Nov. Nov. 14 Mar. 56 Nov. 12 May 77 Nov. 10 June 18 Nov. 10 Nov. 12 Mar. 114 Nov. 9 June Nov. 12 Oct. 17 Nov. 9 Nov. 12 29 24 Mar. Mar. 21 Nov. 19 Apr, May * 50 Sale 48 Nov. Nov. Nov. 19 Nov. 22 Sept. 55 July 35% Jan. Sale 24% Nov. Nov. 10 Mar. 30% Oct. Sale 97% Nov. Nov. 26 Apr. 105 Sale Sale 46 Nov. 23 Jan. 52 13 Sale Sale Sale 11% Nov. 16% Nov. Nov. Canadian Pacific 25 * Capital Admin Co Ltd c A—1 33 preferred class A.....10 5 Carriers Ac General Corp Case (J I) Co 192,800 791,800 5,000 109,100 27.400 4,080 58,400 345,700 7,280 20,600 29,900 8,200 440 Central Agulrre Associates.* Central Foundry Co—...... 1 Central 111 Lt 4%% pre!..100 Central RR of N J ......100 Central Vloleta Sugar Co..19 Century Ribbon Mills. . .... * Preferred..............100 40. Mar. 28 Sale 5% Nov. 29 12% Nov. 1 27% Nov. 28 Nov. Nov. 7 Nov. 9 Nov. 16 Nov. 1 Mar. 26 Mar. 31 Mar. 30 Mar. 30 Feb. 3 Mar. 25 Mar. 26 Mar. 30 Mar. 31 Mar. 29 May 27 8% Aug. 24 14% Nov. 9 37% Aug. 26 40% Aug. 26 42% Nov. 10 6% Sale 12% Sale 34% Sale 41% Sale Sale Sale 26 Sale 18% Sale 34 8% 35 Sale 7% Sale 75 84 4% Sale 40 46 3% Sale 26% Sale 15% Sale 7% Sale 17 Sale 2 Sale 7 % Sale 2% 9% 12% 34% 20 47% Sale 52 Sale 48 ... 29 Sale Sale 4% 36% 5% 45 14% 20 90 Sale Sale * 98% Sale 47 Sale 99% 100% 14 Sale 92 20% Sale 56 28 62 Sale 3% Sale 102% 9% 13 6 6% 4% 6% 95 Sale Nov. 25 ' Nov. 25 Sale Sale Nov. Nov. 29 Sale Sale Nov. 29 Nov. 21 32% 33% 13% Sale 12% Sale 94 Sale 6% Sale Sale 36 Sale Sale 12% Nov. 18 10% Nov. 30 Sale 94 Nov. 1 Nov. 12 Nov. 9 Nov. 1 Nov. 9 Nov. 17 5% Nov. Sale 2 Nov. 18 Nov. 44 Sale Sale 42 2 Nov. 14 5% 34% 23% 15% 18% 2% 8% Sale Sale Sale Sale Sale Sale 4% Nov. 4 32% Nov. 28 20% Nov. 28 13 Nov. 28 18% Nov. 3 2% Nov. 29 8 Nov. 4 Nov. 14 25 2% Sale 13% Sale 19 Nov. 2 Nov. 29 22 3% 8% Sale 30% 36% 15% Sale Nov. 10 41% Nov. 28 Nov. Nov. 18 3 37 38% Sale Sale 9 Sale 12% Sale 7% Sale 19 Sale Sale 9 Sale 22% 3% Sale 14 42 Sale Sale 17% Sale 21% Sale 50 51 Sale Sale Sale Sale Sale 13 Sale 22 Sale Sale 12% Nov. 7% Nov. 29 / Nov, 18 21 3 3% Nov, 11% Nov. 28 9 Nov. 9 Nov. 9 Nov. 12 Nov. 15% Nov. 12 38% Nov, 26 16% Nov, 4 44% Nov. 10 19% Nov, 14 19% Nov, 4 23% Nov. 10 "~1 %"Nov. "22 Nov. Sale 8% Nov, 28 Nov. Sale Sale 16% Sale Sale 16% Nov, 30 16% Nov, 22 18 42 ..... 49 6% Sale Sale Sale Sale 36 8 41% 78% 18% 3% 8% 42% 82% Sale 4 94 Sale 115% 116 50% Sale L06 106% 25% Sale 93% 95 25% Sale Nov. Mar. 30 Mar. Mar. Mar. Mar. Mar. \lH 24 30 30 31 31 30 Mar. 30 Mar, 31 Mar. 31 Mar. 30 May 27 Mar. 30 Apr. 29 Mar. 30 ' June 30 July July 19 19 July 25 Jan. 11 Aug. 188 8 Jan. 10 Oct. 27 20% Aug. 24 21% July 22 Nov. 15 Nov. 16 May Nov. 10 4*. 86 2 15 17 Oct. 17 15% Nov. 12 Nov. 10 30 Nov Jan. Jan. 5 5% Nov, 26 33% Nov 4 Jan. 42 10 July 25 Aug. 3 Nov. 23 Jan. 17 51 42 Nov, 15 Nov. 3 Nov. 23 Mar. 31 Mar. 28 83 Sale 80 Nov. 2 Nov. 23 Apr. 14 18 Nov 3 2 Nov. 10 22% Nov. 10 Mar. 25 4% Jan. 12 Mar. 31 107% July 25 Jan. 3 120 Aug. 4 58 Mar. 31 July 25 Oct. 4 106% 5 Jan. Nov. 9 Mar. 30 96 5 Sept. 1 July Mar. 26 30% Oct. 27 16% Nov. Nov. 16 9 Mar. 28 72% July 21 8% Sale 75 3% Nov. Sale 89 Sale 114 Sale 445 104% 102 Sale 96 21 ■ 9 Nov. 16 Nov. 2 Nov. 28 Nov. 9 Nov. 21 4 Nov. 1 13% Nov. 16 Nov. 9 Nov. 12 Sale Sale Sale Sale Sale Sale 2 10 Sale 99 101 7 4 Nov. 28 20% Nov. 3 4% Nov. 28 5 Nov. Nov. 70 5 Nov. 12 Nov. 92% Nov. 28 Sale Nov.110 5 Nov, Nov. 16 Nov. 21 70 6% Nov. m 7 9 9 9 11* Nov. 14 Nov. 9 46 , 25% Nov. 9 6 16% Aug. 22% July 25 Mar. 31 Mar. 29 May 31 51 Sale 2% Sale 8% Sale 18 17% Nov. 10 9% Nov. 9 22% Nov. 2 17% Sale 46% Nov. 29 Mar. 26 Nov. 12 Jan. 13 Nov. 25 14% Nov. 29 \m 7 5 Jan. 10 Oct. 25 23% Oct. 14 41 Jan. 24 Oct. 24 Mar. 26 Oct. 13 Mar. 31 Apr. 18 100% Nov. 17 Nov. 18 31 Mar. Jan. 11 Mar. 26 54 Oct. 19 Mar. 26 July 25 Mar. 26 39 Nov. 10 Nov. 4 12 Mar. 31 Mar. 28 43 Sale" 5% preferred..........100 For footnotes see page * Mar. Mar. Nov. 10 Sale 7% prior preferred.....100 Celotex Corp New Nov. *9 Nov. 4 24% Nov. 41 80 • Oct. 19 s30 Nov. 2 % Nov. Sale 38 Sale 1% 2 5% 7% 8% Sale 1 . Oct. 14 Juiy 19 Jan. 12 Sale 30 100 Celanese Corp of America.. 14% 19% 36% Sale 8% Sale 19 % Sale 22 % 26 4 7% preferred 100 9,780 * 280,500 Caterpillar Tractor..... 5% preferred—.........100 3,200 June May 27 Car Clinch F Ac Ohio Ry..l00 Carpenter Steel Co Nov. 10 Sale 6% Sale 10% Sale Cannon Mills 17 11 Sale Calumet At Hecla Cons Cop .0 Campbell W At C Foundry.._* Canada Dry Glng Ale 5 350 Canada Southern Ry Co.. 100 722,700 32,200 14,530 1,010 1,430 30,700 50,900 25 Nov. 26 Nov. 9 9 Nov. 12 Oct. 28 Sale Sale Callahan Zinc-Lead 31 19 19 Mar. 12 Nov. 22 Oct. Sale 1 390,600 673,300 170,000 938,300 14 19% Oct. 102- Sale 27 9 19 Jan. 115 „ 168,400 0 Brewing Corp of America—3 578,200 Bridgeport Brass Co .....* 878,700 BrlggsManufacturing 20,200 Brlggs At Stratton .._.* 43,400 Bristol-Myers Co 5 61,400 Brooklyn Ac OueensTransit.* 86,800 36 preferred..... • 454,300 Bklyn-Manhattan Transit ..* 111,900 36 preferred series A-.....* 166,800 Brooklyn Union Gas • 6,400 Brown Shoe. Inc ...» 87,400 Brunswlck-Balke-Coll * 10 266,600 Bucyrus-Erle Co. 7% preferred. ..........100 2,860 Oct. 20 Nov. 10 Nov. ■ 22% Oct. 24 Nov. July Mar. Apr. Apr. Apr. Mar. 7 July 21 Jmy 19 Nov. 10 Nov. 9 Jan. 11 Mar. Mar. Nov. 32 114 15M Nov. July Mar. Mar. Nov. Nov. 11 33% Sale Nov. 12% Nov. 6% Nov. 7% Nov. 29% Nov. x88% Nov. 18% Nov. Sale 33 5,270 5%% preferred...... 50 895,200 Barnsdall Oil Co 5 105,600 Bayuk Cigars Inc..........* 1,110 1st preferred.. 100 31,000 Beatrice Creamery 25 2,600 35 preferred w w * 360 Beech Creek RR Co ....50 10,400 Beech-Nut Packing.......20 48,000 Belding-Hemlngway ....* 800 Belg Nat Rys part pref...... 1,220,900 Bendlx Aviation Corp ...5 93,600 Beneficial Indus Loan Corp.* 89,100 Best Ac Co • 3,047,200 Bethlehem Steel Corp (Del).* 76,000 5% preferred.. ......20 50,500 7% preferred 100 49,100 Blgelow-Sanford Carpet Inc » 67,600 Black Ac Decker Mfg Co * 328,500 Blaw-Knox • 660 Bloomlngdale Bros * 1,060 Blumenthal At Co pref 100 1,516,000 Boeing Airplane Co——..5 78,300 Bohn Alum At Brass Corp...5 5,532 Bon Ami class A * 11,140 Class B ♦ 20,900 Bond Stores Inc 1 374,200 Borden Co. (The) 15 619,650 Borg-Warner Corp.... .5 32,000 Boston At Maine 100 43,900 Bower Roller Bearing Co..i7 1,800 30", 600 Bros 13% 62 Nov. 17 Nov. 9 June 13 Aug. 8 28 Nov. 30 107% Nov. 7% Nov. 28 5% Nov. 28 4% Nov. 25 Nov. 12 Nov. 14 Mar. 26 Mar. 29 Mar. 31 Nov. 14 Nov. 14 Aug. 26 104 19 3 5% July 25 11 Apr. Nov. 30 Jan. Mar. 26 Nov. 30 July 25 18 Jan. 10 July 25 Apr. 2 PRICES Price SALES AGGREGATE 33 EXCHANGE-STOCKS N. Y. STOCK DEC., 1938] RANGE SINCE JAN. NOVEMBER IN 1 Jan. 3 N. 7. STOCK Since 1938 EXCHANGE Nov. 1 Jan. 1 Par Shares Ask Bid 3634 Sale 654 Sale * 401,200 Cerro de Pasco Copp ...—1 407,000 Car tain -Teed Prod 43.350 6% prior preferred "".OO Champion Paper Ac Fibre Co 50 1124 6% 4434 Sale 4034 100 98 3034 934. 4034 3434 8834 Sale 1034 Sale Sale Sale 12 4034 Sale 11 Sale Sale a Sale Sale Sale 3634 39 4634 47 Sale* 13 Sale 3534 50 Sale 47 11J4 Sale ; 900 19 1734 66,200 56,500 34,200 5,900 351,600 519,900 291,500 24,100 Sale 21 . 98 30 1231 1531 Sale 8 Sale 831 731 10 934 Sale 49 5234 2334 12634 13134 6034 pref—........* 1734 Sale 1734 Sale 67 12 2734 Sale Sale 35 69 ....10 Sale 4H% conv preferred.... 100 $4.25 con? pref ser of *35..* Commercial Solvents...—..* 90 Sale 93 Sale Commonwealth Ac Southern * Sale $6 preferred..............* Commonwealth Edison Co.25 Sale Commercial Credit Comm'l Investment Trust..* 56 Sale 10534 5934 Sale Conde-Nost Publlc'ns.. .... * Congoleum-Nalrn Inc......* Congress Cigar— * Conn Ry At Ltg 4H % pref.100 Con sol Aircraft Corp.......l Consolidated Cigar........-* 7% preferred-..........100 prior pref........100 5534 Sale Sale 45 2734 5 34 22 7 171,900 0 19,300 Davega Stores Corp.... Conv 5% preferred 25 8,600 Davison Chem Corp (The).-l 65,620 2,960 Dayton Pr At Lf 434 % pre 1®® For footnotes see page 40« Nov. Nov. Nov. Nov. 63! 834 334 334 1434 Sale 29 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale 177 Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale >41 Sale 40 Sale Sale Sale Sale Sale Sale 89 Sale Sale Sale 534 Sale Nov. Sale Sale Sale Nov. 10234 Sale 109 J an. 27 Sale 28 5 4 Nov. Nov. Nov. Nov. 16 Nov. Nov. Nov. Nov. 10 Sale Sale Sale 82 83 75 Nor. 15 Nov. 26 Sale 109 3 9 9 I Nov. Sale 8 7 Nov. 14 Sale 9 Nov. Nov. 9 9 32 Nov. 1 Nov. 12 Nov. 29 Nov. 10 Nov. 29 2934 Nov. 52 Nov. 6934 Nov. 176 Nov. 534 Nov. 4134 Nov. 11734 Nov. 2934 Nov. 934 Nov. 4334 Nov. 40 10 10 1 1 10 12 12 10 1 12 Nov. 15 3734 Nov. 14 15H Nov. 9 9234 Nov. 16 44 Nov. 12 94, Nov. 54 Nov. 734 Nov. 534 Nov. 7634 Nov. 1534 Nov. 734 Nov. 5034 Nov. 7 k Nov. 2834 N9v. 7534 Nov. 50 28 2934 734 18 17 1634 934 16 Nov. 9 11034 Nov. Nov. Nov. Nov. 9 Nov. 10 Sale 2334 634 1634 734 7 Nov. 14 Sale 734 1834 2 Nov. 10 Sale Sale 19 Nov. Nov. Nov. Nov. Nov. Nov. 19 19 25 Nov. Oct. 83 Oct. 70 Oct. 9 19 17 15 27 % Nov. 23 Aug. 23 29 Mar. 29 434 Mar. 30 1034 Sept. 17 7 Nov. 30 29 28 28 18 28 July 3534 July 834 Oct. 28 1434 July 6 2634 Nov. 25 434 Mar. 29 1 65 Apr. 5 71 Jan. 1 Mar. 26 8634 Aug. 17 234 Oct. 24 6 Nov. "#* Nov. 28 43 98k 334 Apr. 15 Mar. 29 9 Nov. 25 Nov. Nov. Nov. Nov. Nov. June 30 5934 Nov. 10 84 Mar. 28 10834 Nov. 21 64 Nov. 10 3134 Mar. 31 90 Mar. 31 11234 Oct. 28 1234 July 29 534 Mar. 30 234 Oct. 27 1 Mar. 29 5554 Oct. 28 25 Mar. 31 May 11 2234 Mar. 30 28 Nov. 29 1 Nov. 26 6234 Nov. 29 176 Nov. 1 434 Nov. 3 3634 Nov. 28 111 Nov. 3 27 Nov. 25 734 Nov. 30 3534 Nov. 28 3734 Nov. 5 3434 Nov. 25 1234 Nov. 28 87 Nov. 5 36 Nov. 28 8734 Nov. 7 34 Nov. 1 634 Nov. 30 434 Nov. 28 8 12 10 Jan. 2234 July 2234 July 9 Nov. 2434 Nov. 18 Feb. Mar. 30 23 Nov. 12 48 Oct. Nov. 15 1 Nov. 1 Nov. 30 9 1 *64 Nov. 28 Nov. 28 43 Nov. 2 116 Nov. 18 1134 Nov. 28 3634 234 Nov. 2 Nov. Nov. 10 Jan. Nov. 23 Nov. 19 110 9 Nov. 76 9 Mar. 30 1 2734 Apr. 534 Mar. 30 3 57 May 60 May 16 Nov. 1234 534 4234 634 2534 Sale 9 9 9 Nov. 68 734 Sale 1834 834 Sale Aug. 31 115 Mar. 25 Nov. Sale 16 Apr. Nov. 21 Nov. 10 Nov. 9 Sale 50 28 4 Mar. 31 Nov. Sale Vi 9 2734 Oct. 19 Mar. 26 75 17 Mar. 30 May 31 104 3934 Mar. 31 June 29 10734 Nov. 10 79 4%* 28 Nov. 6034 Nov. 7 2554 July 22 Mar. 31 Nov. 30 Jan. 3 129 3 Mar. 30 14234 Aug. 6134 Nov. 12 July 976 May 5 May Nov. Sale Sale Feb. 60 Mar. 29 Nov. 14 1834 134 9334 Sale 15 Nov. 15 76 July Nov. Sale 3734 11534 L1234 Sale 934 Sale 34 Sale 134 $8 preferred..............* 910 Cutler-Hammer Inc........* Nov. Oct. 8834 Nov. 9 1334 Jan. 12 Mar. 26 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 98 Sale 26 Nov. 14 1334 Mar. 29 13 Mar. 29 1 5334 Apr. Nov. 9234 10734 7 12 12 H* Apr. Nov. Sale preferred........—100 Jan. Jan. 9 Nov. Sale ♦ 20 July 1034 Mar. 26 70 Nov. 1534 America.20 Bakcl A.......* Jan. 2334 Nov. 10 Nov. 93 Sale 2 71 334 Mar. 30 25 May 31 3534 Mar. 31 734 Sept. 26 5 59 Jan. 54 Mar. 22 2 Mar. 24 9 Sale Preferred................* 67,200 1 2,480,100 Curtlss Wright Corp.. Class A 1 1,122,600 860 Cushmans Sons 7% pref..100 12 9 Nov. 17 1934 July Mar. 28 Mar. 25 Mar. 29 8 7434 8234 134 1034 2834 10234 Sale Sale Sale Sale Sale Sale 5?* I* M Nov. 14 Mar. 30 Nov. Nov. Nov. Nov. 1834 Nov. Sale Sale 22 Nov. 2334 Nov. 10 734 Nov. 4 1034 Nov. 4 834 Nov. 9 634 2534 8M 634 Sale Container Corp of 8% Sale VP* 86 70 preferred V t c...—100 Consumers Pow Co $4.50 pf.* - 2634 Sale Sale pf-100 Consolidation Coal Go vtc.25 Class B Sale - 55 Nov. 10734 Nov. 57 Nov. 10834 Nov. 934 Nov. 134 Nov. 4434 Nov. 2634 Nov. •#4 Nov. Sale Sale July 29 634 Nov. Nov. 1034 si? 22 5 10 19 9 3734 June 34 Sept. 15 134 Mar. 28 1 19 10 June 24 Nov. 76 65 Sale 72 10 Jan. Jan. Mar. 30 9 3854 Nov. 10734 Nov. 15 2234 Nov. 28 15 aVA 734 Sale 6 834 1734 Sale 734 Sale 6634 Sale il July 134 Jan. 634 Mar. 31 Nov. 10 Nov. 30 30 Sale Sale Consol RR of Cuba 4% Continental 1034 Sale 134 Sale *11 * Consolidated OH Corp Sale 109 62 17 104 1534 Nov. 9034 Nov. 69 Sale 109 59 106 Rights Nov.: 30 10534 Nov. 2034 2234 Nov.: Sale 1834 Nov. Sale 534 Nov. 8 634 Nov.: 7 Nov.: 834 Sale 107 11 2 Sale 108 Sale 6734 Jan. Jan. Mar. 31 2 22 4 1434 Nov.: 10234 Nov. *16 112 Sale Sale 110 Sale Sale Sale Sale Sale 77 75 July 1 Mar. 26 34 Mar. 29 9 4 Jan. _ Sale 634 Sale 934 Sale Sale 8134 Sale Sale Nov. 2 17 5 Feb. 23 Jan. 15$ yi Nov. 10 71 30 3234 32 Sale Nov. 9 2534 Nov. 28 1634 1634 9534 1534 1734 Sale 17 1834 9034 Sale 1734 Sale Sale Sale Nov. 70 31 11334 Nov. 21 9 3034 Nov. 7234 Nov. 28 7 1 6034 Nov. 5134 Nov. 1 2134 Nov. 28 2334 Nov. 4 129 Nov. 30 12534 Nov. 12934 Nov. 28 13734 Nov. 10 60 Nov. 3 6134 Nov. 12 Nov. 112 Sale 61 1534 1534 Sale 104 10034 103 3634 3734 3134 10534 Sale 10634 7 10 2634 20 19 Sale 534 634 Sale 7 10 Sale 634 734 934 common...* 4 Mar. Nov. 26 2034 Nov. 29 Nov. 4 28 1040 1000 6% pref series A........100 5% preferred.......—100 Columbia G Ac El Nov. Aug. 17 Sept. , 4 20 Mar. f Mar. 23 * July 89 Apr. 26 Mar. 18 3934 Nov. 14 47 Nov. 17 34 Nov. 3 2 Nov. 7 134 Nov. 1 1034 Nov. 14 17 34 Nov. 1 1334 Nov. 14 4234 Nov. 5 8834 Nov. 9 1034 Nov. 16 76 Nov. 15 70 2734 Sale 70 7234 5634 Sale 2234 Sale Sale Sale 12934 129 Sale 13234 60 Sale Sale 113 Sale 75 62 1 106 June 4 3334 May 1234 June 14 2734 Mar. 30 4834 June 18 3834 "434 N"ov.'29 "534 "Nov." "9 Sale 69 65 29 Nov. 12 46 6 62 2f* 2434 Sale Mar. 18 134 Nov. 434 Nov. 7534 Nov. 934 Nov. 7034 Nov. Sale 74 11134 112 10 94 19 Nov. Nov. Nov. 14 Sale Broadcasting 283,100 Continental Can..........20 $4.50 preferred...........* 14,600 83,200 Continental Diamond Fibre 6 137,400 Continental Insurance. .2.50 .....1 316,300 Continental Motors 5 613,000 Continental Oil of Del Rights 128,500 Continental Steel Corp.....* 54,350 13,290 Corn Exch Bank Trust CO..20 "192,000 Corn Prod Refining .......25 Preferred..............100 5,700 188,100 Coty.Inc ..................1 Crane Co..—...—.......25 783,200 5% conv preferred ...100 35,900 * 31,600 Cream of Wheat ctfs * 58,200 Crosley Corp (The) Crown Cork At Seal—......* 313,500 $2.25 conv pref w w * 5,600 Preferred ex-warrants....* 13,400 5 438,250 Crown ZeUerbach Corp $5 conv pref .... * 7,760 Crucible Steel of Amer 100 445,400 Preferred ....—...100 9,100 * 53,600 Cuba Co (The) 16,680 Cuba RR 6% preferred—100 154,900 Cuban American Sugar....10 Preferred ....——100 6,640 50 45,700 Cudahy Packing...... Curtis PubUshlng Co (The)* 192,100 46 8234 Sale 934 Sale Nov. 26 3334 Nov. 12 11 Nov. 3 44 Nov. 14 3634 Nov. 10 88% Nov. 30 34 Nov. 3 334 Nov. 9 34 Nov. 3 334 Nov. 4 1434 Nov. 10 % Nov. 134 Nov. Nov. 40 15 1234 Sale 35 3934 70 5,860 53,300 Con sol Film Industry......1 $2 partlc preferred.......* 68,300 2,037,900 Consol Edison Co of N Y fnc * $5 preferred... .........* 107,500 89,900 Consol Laundries Corp.... .5 1,156,800 iJS Sale 3 1 10 2634 Mar. 29 434 Mar. 30 1734 Mar. 31 LOO Nov.: Nov.I Nov. Nov.: Nov.! Nov. Nov.: Nov.! Nov.: Nov.: Nov.: Nov. Nov.: Nov.: Nov.: Nov.: 34 Nov. 134 Nov.: "10 62 75 58 56 System Inc class A....2.50 101,970 Class B 2.50 30,100 48,900 Columbian Carbon v t c—..* Columbia Pictures Corp vt c * 140,400 2 2,200 177,500 5,100 3,600 630,000 45,100 134 Sale 1034 1034 17 Sale 1034 Sale 41 44 Oct. 15 Oct. 22 Oct. 6 5934 1234 5334 Nov. 10 1234 Nov. 1 4534 Nov. 1 Nov.: Nov. 37 134 Sale 134 Sale Sale 3m preferred....—....100 $2.75 conv Sale 34 234 1634 * 220 Colonial Beacon Oil Co 83,610 Colorado Fuel Ac Iron Corp..* Colorado At Southern.... 100 10,150 4% 1st preferred.......100 8,999 4% 2d preferred........ 100 1,190 8,200 1,928,900 35,400 1,400 342,000 5,500 329,800 8,500 837,100 1,856,400 185,600 441,200 128,200 Sale 12 34 Sale Collins At Atkman Columbia Sale 1 6,710 Cleve Elec 111 $4.50 ser pref..* 10534 107 2034 Sale 52,700 Cleve Graphite Bronze (The)t 82 240 Cleve At Pitts RR Co 7% gtd 50 Climax Molybdenum Co....* "3734 Sale 320,800 14 Sale 178,000 Cluett, Peabody At Co—.—.* Sale Preferred 100 111 1,640 113 Sale 84,300 Coca-Cola Co (The)........* 5734 58 Class A * 12,800 Coca-Cola Internat Corp—* 10 834 Sale 488,400 Colgate-Palmollve-Peet Co..* 95 J4 95 6% preferred..........-100 19,800 5% Sale 2 .... 194,100 3,070 " 2* Sale 934 1234 Highest Sale Rrices 9734 2834 1034 3934 3134 8034 34 234 34 234 1134 34 34 34 234 1534 z 3, 34 Sale 334 3 34 28 Lowest Sale Price Nov. 28 934 Nov. 28 39 Nov. 18 100 2934 Sale ......* 84,700 Chesapeake Corp 25 759,000 Chesapeake Ac Ohio Pref series A...........100 9,600 9,700 {Chic At East 111 RR 100 4% preferred 24,500 .....100 68,000 {Chicago Great Western.100 62,200 4% preferred... ...-.*.-100 56,000 Chicago Mall Order Co—..5 90,800 {Chic Mil St Paul At Pacific-* 144,100 5% preferred...........100 160,800 {Chicago k North West.. 100 Preferred 100 30,500 248,400 Chicago Pneum Tool _......* A3 cony preferred —..* 17,900 Prior pref (12.50 cum dlvs).* 6,500 100 34,800 {Chic Rock Isl Ac Pac 7% prefferred........—100 35,400 4% preferred ......100 33,800 * 8,400 Chicago Yellow Cab 53,200 Cblckasha Cotton OH.....10 • 211,420 Chllds Co ......25 2,700 Chile Copper 8 4,669,300 Chrysler Corporation.. 78,500 City Ice Ac Fuel............* 634% preferred—...—.100 8,090 230 City Investing Co ... 100 70,900 City Stores....—5 —* 40,800 Clark Equipment 20 C C C & St Louis Ry 5% pf 100 Highest Sale Prices 45 Sale 98 Sale 26 preferred...........100 Common.................* 70,500 13,000 Checker Cab...............5 1,760 Lowest Sale Prices Nov. 30 Ask Ask Bid Sale 4634 Sale 10 Sale Sale Bid 25 1 14 10 30 1 14 14 9 16 26 434 Mar. 26 17 Mar. 31 8834 Apr. 16 234 Mar. 30 7 T 12 i3otM Mar. 30 234 Sept. 14 234 Mar. 19 10 Mar. 31 78 •• Apr. 18 954 May 27 854 Mar. 26 134 Mar. 29 3634 Mar. 30 6 Jan. 2134 Mar. 30 34 May 26 2lk Mar. 30 "64 Nov. 28 10 Mar. 26 1 40 Apr. 1 x53 Apr. 162 Apr. 234 Mar. 26 19 85 2134 Mar. 5 534 Mar. 31 2234 Mar. 30 29 Apr. 13 1 2534 Apr. 734 Mar. 29 68 Mar. 29 19J4 Mar. 31 8 70 Apr. 34 June 20 534 Mar. 31 3 Mar. 29 5834 May 31 May 25 434 Mar. 31 12 35 June 8 334 Mar. 30 12H Mar. 30 4834 Jan. 11 Mar. 31 9 1334 Mar. 31 434 Mar. 29 10 25 17 263 2 49 36$ 2 1334 Mar. 29 634 June 4 3 10234 Jan. 2 Nov. Nov.30 Oct. 17 Nov. 9 Oct. 13 July 13 7 Jan. 12 Jan. 12 Nov. 3 Oct. 14 July 27 July 16 July 25 June 30 Nov. 9 July 26 Nov. 12 Nov. 29 3534 July 25 llM Nov. 29 I* Nov. 10 Jan. 12 Oct. 6 Nov. 1 534 Nov. 10 Oct. Jan. 31 Mar. 31 18 14 95 12 5 12 22A 5 116 June 17 Nov. 14 Jan; 6534 Mar. 31 103 107 Oct. 14 8 Nov. 12 2934 Nov. 10 1034 July 7 Nov. 12 40 Nov. 15 3734 Nov. 14 1534 Nov. 9 9234 Nov. 16 44 Jan. 11 94 Jan. 1 Jan. 13 Feb. 17 7 7 6* July 14 87 Jan. 2154 July Aug. 56 Aug. 734 Oct. 3 18 11 10 25 2834 Nov. 16 83 Oct. 50 Nov. 25 5 2934 Nov. 9 854 July 20 Nov. 14 M et July 29 Nov. 25 34 N. Y. STOCK AGGREGATE SALES In Since November PRICES STOCKS Share9 N. T. STOCK EXCHANGE 140 ~2", 500 i Bid Deroe Ac Raynolda A Diamond Match .. ...... — Pref..25 Participating 6,670 Diamond T Motor Car Co...2 Class A —.— 700 64,000 Doehler Die Casting Co.....* 263,600 Dome Mines, Ltd. 17,200 Dominion Stores Ltd-....-.* 138,300 Sale 15 15 sale 6* Sale 1* Sale 20 Sale Sale 7 Sale 1% A ui* 110 3 xl* 6 95 4 900 250 8% preferred 11 6 19% Sale 25 24* 17 16* 21* Sale 7* Sale Nov. Nov. 28 Nov. 30 Nov. 4 40 30 Nov. 1 Nov. 1 41 Nov. 30 87 90 41 90 Sale 11% 30* Sale 22% Sale 32% Sale Sale Sale 31 32 20 Sale 32 Sale 5* Sale 70* Sale 68% 134 Sale 135* Sale 18 18 21% 19* 11 Sale 9 10* 6 Sale 15* Sale Sale 11 12 10* 103 114 103* 111 Sale 146 6% Sale Sale 34 Sale Sale 11 Sale - 3% Sale 11% Sale Sale 26 % Sale 18 • 500 6% conr preferred 100 81,000 Fatardo Sug Co Porto Rico_20 31,500 Federal Light Ac Traction..15 2,220 $6 preferred ———* 6,400 Federal Mining Ac Smelt..100 400 100 Preferred 4 ' 270 44,400 6,410 5,625,900 57,400 21,900 90,400 99,800 3,700 58,800 127,700 S6 conv preferred A......* General Mills..............* Sale 34* Nov. 32* Sale 32 32 Sale 33* 28^ 44 38* Sale 1* Sale Sale 110 Sale" 10 55 62 Sale 48 % 7 3 Sale 2% 2% 4* 2% Sale o 7 Sale 2 A* 6% Sale 9% Sale Sale Sale Sale Sale Sale 15% Sale 19% Sale Sale 1% Sale 7% 9% 35 Sale Sale 30 34 Sale 31 15 Sale 81* 13* 79 Sale 38 106 60 94 70 105 2% Sale 3 3% 1H Sale 82* 117* 125 97 Sale 28 Sale 19 30 Sale 3% 2 28 Sale 90 34* Sale 20 29* 24* Sale 35* Nov. 10 14* Nov. 16 82* 80 Nov. 84* Nov. 10 Sale 1* 27* 86* Sale Nov. Nov. 26 4 Nov. 3* Nov. 28 1* Nov. 26 25* Nov. 28 85 Nov. 29 34 Nov. 2! 28* Nov. 1 89* Nov. 9 36* Nov. 14 i Nov. 14 Sale 97 Nov. Nov. 10 Sale Sale Nov. : Nov. 10 16 25 Sale Sale 29 21 17 2% 2% 2* Sept. 14 6* Mar. 29 21* Mar. 31 * Mar. 26 17 Feb. Apr. 6 94* Apr. 5 2* Mar. 29 38* Mar. 31 40 Mar. 31 46 Mar. 29 1 * Mar. 29 2 June 2* Mar. 26 5* Mar. 31 10* Apr. 9 19* 22* 6 * 67 52* 96* 2* 1* 1 Sale 4* 4* 58 53* 27* Sale Sale 47* i Nov. Nov. June 1 16* Mar. 31 76 Nov. 11 Nov. ; Nov. 50 25 2 Sale ; Nov. Nov. 12 Sale Sale Sale Sale ; Nov. 28 I Nov. 28 Nov. 15* Sale Sale Sale Sale Nov. 22 Nov. 25 Sale Sale nH 54 Sale Sale 100 101 Sale Sale Sale Sale 140 Sale Sale Sale Sale Sale Sale 90 Sale Sale Sale Sale Sale Nov. 3 Nov. 18 Nov. 2 Nov. 12 Nov. 28 Nov. 30 I Nov. 2 Nov. _ Sale I Nov. 28 Sale Nov. 28 Nov. Sale Nov. 25 Nov. 50 Sale Sale Nov. 10 1 116* Sale Nov. 12 Nov. 25 Sale Sale _ Nov. Nov. _ Nov. 28 Nov. 12 Nov. Nov. Nov. 10 Nov. 10 Nov. 7 Nov. 16 Nov. 12 Nov. 10 Nov. 9 Nov. 25 Nov. Nov. 16 Nov. 12 Nov. 3 Sale Nov. Sale Nov. 29 Nov. Nov. 28 Nov. Sale Sale Sale Sale Nov. 29 Nov. 30 Nov. General Ry Signal..........* 90 Sale Nov. 16 Nov. 21 Nov. Nov. 28 Nov. 28 Sale 22 Sale Sale Sale Sale Gen Realty & Utilities Corp. 1 Sale $6 preferred............. 24 Sale 17* 99* _ Nov. 28 Nov. 28 Nov. 19 Sale Nov. 30 Sale Sale Nov. Sale Sale Sale Sale Nov. 28 Nov. _ _ 1 Nov. 10 Nov. 29 Sale _ 9 Nov. 30 Nov. 10 Sale 92* 1 Nov. 21 Nov. 16 Nov. 28 Nov. 28 Nov. 28 Sale Sale Nov. 7 Nov. 9 Nov. 10 Nov. 5 Nov. 7 Nov. 9 Nov. 25 Nov. 29 24 Sale 85 Nov. 12 Nov. Nov. Nov. Nov. Nov. 7!H Oct. 26 Jan. 11 Jan. 8* 6* 6 16 Apr. 3 Jan. 6 6 Jan. Oct. 18 Oct. 27 25 Nov. 9 Nov. 2 12 Jan. Nov. 12 Sept.16 Oct. 15 Nov. 10 Nov. 7 May 19 Aug. 10 Jiny 25 July 1 Oct. 14 Oct. 20 24 7 Apr. II* fx* Mar. Mar. Mar. Mar. 29 Apr. J3 91 Nov. 7 Nov. 12 Nov. 14 Nov. 30 Jan. Nov. Nov. 9 Nov, 1 1 12 A* Nov. 2 32 Sept. 3 tg Oct. 25 26 10 94 Juiy 19 Juiy 7 July 20 Aug. 2 8* 19* Nov. 52 Sept.29 29 27 6* Mar. 31 Apr. 22 2* Mar. 31 5* Mar. 31 Mar. 30 Mar. 30 20* Mar. 31 11 35 Oct. 27 io9o* July 88 July 27 Oct. 6 5* July 25 27 136 Nov. 12 9 19* Oct. 38* Nov. 10 87 28 1 130 Nov. Feb. 7 23 Nov. 12 48 31 Nov. 30 40* Nov. 28 117* Nov. 30 Oct. 50 25 Nov. 50* Jan. 3 70* Oct. 118 Jan. 4 125 Aug. 25* Mar. 31 53* NOV. Mar. 25 13 * Mar. 29 15* Mar. 31 13 Mar. 31 8* Mar. 23 14* May 23 9 Nov. 10 Mar. Mar. June Mar. Mar. 98 9 28 Nov. 26 18 18 30 15 4* Mar. 31 82 Mar. 29 29 Mar. 29 Apr. 22 Oct. 31 1 * Mar. 29 2* Mar. 31 115 5 Oct. 37* Nov. 14 25 109* Nov. 12 19* Mar. 30 Mar. 9* Mar. 85 Mar. 4* Mar. 13 Sept. 48 July Nov. 12 Oct. 17 Jan. 29 2* Mar. 31 10 Nov. 10 Nov. 10 111* Apr. 25 124* Nov. 30 21* Mar. 30 45 July 14 4 Mar. 31 9* July 10 Mar. 29 12* July 10 Nov. Apr. 9 110 10 May 21 2* July 12 ,Mar. 30 27* Nov. 16 Sept. 15 95 July Nov. 10 Nov. 9 Nov. 7 22 Oct. 26* Oct. 14 100 1* Mar. 26 Nov. 26 Nov. 9 i Oct. 27 Oct. 25 i 18 100 Sale Oct. 20 Oct. 28 12* Mar. 30 29 4 90* Oct. 15 67* Jan. 22* Mar. 30 136* Nov. 14 ; Nov. 9 ; Nov. 14 | Nov. 12 90 72 ill* i Nov. Sale fx* 21* 2* 11* May 27 40* Oct. 19 106* May 31 35* Mar. 30 Apr. 11 5 Apr. Feb. 2 Mar. 30 Mar. 30 Sept. 14 Sale Sale Sale Nov. 10 $8 1* Mar. 31 3* Mar. 30 06 2 Nov. 10 Nov. 16 Nov. 12 4 Sale 60 35 1* June 21 2* Mar. 30 15 28 Jan. 11 3 33 4 108 4 14 Oct. 17 Oct. 17 Nov. 76 Nov. 10 Jiny Nov. Nov. Nov. 12 Apr. 20 Nov. 9 5* July 25 35* Nov. 9 12* Nov. 9 41* Mar. 31 Sale 32* 15* Nov. 26 18 20 4 Nov. 9 Nov. 28 Nov. 30 Nov. 29 46* 18* 31* 19 22* Mar. 31 24* Mar. 30 10* Mar. 26 19* June 13 Sale tts see page 40. Mar. 23 Mar. 30 Nov. 12 7 General Printing Ink..——1 $4 preferred..............* General Public Service.....* 402,800 Gillette 8afety Rasoi ......* 21,600 $5 conv preferred.........* Nov. 28 Nov. Sale 5% .Sale 27 i Nov. ; Nov. Sale 46 Jan. Sale 89 14 % H Sale 23 115 Mar. 31 151* Mar. 31 138* Apr. 1 120* Jan. 3 118* 37* Sale Sale 3% Sale 10 37 30 56 25 Oct. 14 Apr. 15 : Nov. 97 Sale 6% preferred..........100 351,900 General Tire At Rubber Co..5 7 5* Nov. 9 4* Nov. 14 1* Nov. 4 36 Sale 90 9 91 Sale * 133 Nov. 12 24* General Motors Corp......10 Preferred (5) Nov. 110 Sale 123 Sale Gen Outdoor Advertising. A* Common 40* Nov. 12 106 Sale 6% preferred...........100 Nov. Sale 278,700 General Refractories.....—* 81,670 Gen Steel Castings $4 pref..* 87,300 Gen Theatres Equip Corp...* 11,300 Gen Time Instrum Corp....* i Nov. 28 89 H 347,000 For foo Nov. 115 17* 12 24* 90* 130* 109* 111* 13* Nov. 34 • Sale 290 50,100 05 8 106 30 14 .....100 0% preferred M* Nov. 10 Nov. 10 12 6 Mar. 26 2 .... 4* 3% 87 16 Nov. 6* Nov. 106* Jan. 16 20 10 7 19 6* Mar. 25 1* May 6 8* Mar. 28 6 Nov. 1 3 13* Nov. 10 44* Nov. 10 Nov. 10 Sale Sale 17 34 25 > 341 8* 31 70* Mar. 30 87* Jan. 27 140* 15 19 Nov. 10 Nov. 16 Jan. 12 Oct. 5 2 13* Mar. 30 31* Nov. Sale Nov. 16 1* Nov. Sale 28* Nov. 29* Nov. 12 44* 43* Nov. 45* Nov. 10 10 111 109* Nov. 10 110* Nov. 3 8* Sale 7* Nov. 29 10* Nov. 9 66 66 Nov. Nov. 68* 9 71 Nov. 25 71* 72 68* Nov. 74* 78 72 Nov. Nov. 25 76 1* 2 1* Nov. 2* Nov. 10 1* Sale 1 1* Nov. 2* Nov. Nov. 4 3* Sale 5 3* Nov. 2* Sale 2* Nov. 2* Nov. 3 4* Sale Nov. 2 4* Nov. 1 12* Sale 11* Nov. 15* Nov. 19* Sale 18* Nov. 21* Nov. 9 2 Sale 2 Nov. 2* Nov. 2 7 Oct. 23 > 9U 8* 3* Mar. 31 121* Mar. 31 187 157 Jan. 5 171 10* Mar. 30 23* 1* 29* 41* II 27 28% 22 55,800 Gabriel Co (The) Class A...* 167,300 Gait Co Inc (Robt)—....... 1 27,400 $3 preferred —...—10 8,170 Gamewell Co (The)....——.* 1,080 Gannett Co Inc conv $6 pf—* 87,050 Gar Wood Industries Inc.—3 17,600 Gay lord Container Corp...-5 1,200 5*% conv pref— 50 125,800 Gen American Inveotoro * 4,900 $6 preferred—————.—* 158,900 Gen Amer Transp Corp.....5 251,500 General Baking Co.......—5 1,770 $8 1st preferred...—.—. 65,800 General Bronse—...—5 356,300 General Cable— 94,000 Class A • 5,400 Preferred 7% ..........100 27,900 General Cigar Inc......... 2,760 Preferred (7) ........100 3,059,500 General Electric...........* 398,300 General Foods ..........* 9,900 $4.50 preferred...........* 217,100 General Gas At Electric cl A.* Sale Sale 36 46 40 Co.——.10 Sale 2* 10* x2% Nov. Sale Sale 54 119,900 Federal Motor Truck ♦ 39,300 Federal Screw Works—-—* 68,500 Federal Water Service A....* 47,500 Federated Departm't Stores.* 13,300 4*% preferred-.-.-—-100 101,000 Fidelity Phenls Firs Ins.2.50 180 Fllene's (Wm) Sons Co * 234,500 Firestone Tire Ac Rubber—-10 23,900 6% preferred series A...100 87,200 First National Stores * 724,800 Fllntkote Co (The)..———.* 28,500 Florence Stove Co * 4,900 Florshelm Shoe (The) cl A—* 48,700 (Follansbee Bros * 52,100 Food Machinery Corp.——10 8,430 4*% conv pref—.—.—100 324,500 Footer-Wheeler —10 1,410 7% conv preferred—.—--• 25,800 Francisco Sugar Co.—.—* 2,060 Franklin Simon pref......100 Free port Sulphur 104 Sale 12* 44 69 165 68* Sale 44 256,600 , Sale 34* Sale 102" ... 15,200 $5 cons preferred ......—* 12,050 $5.50 preferred w w——* 5,000 $6 cum preferred—......* 112,600 Equitable Office Bldg 212,900 Erie Railroad.... 100 137,300 4% 1st preferred..—...100 54,600 4% 2d preferred ...100 46,600 Eureka Vacuum Clean. .....5 225,400 Brans Products Co.—------8 310,300 Ex-Cell-O Corp ————3 15,600 Exchange Buffet Corp.... 13,400 Fairbanks Co 8% pref 100 171,800 Fairbanks Morse A Co....- * Sale 3 Nov. 28 151* Nov. 9 2 138* Nov. 28 Nov. 17 120* Nov. 30 9 Aug. Jan. Nov. July July July Nov. Mar. 30 27* July 4* June Nov. 12 70* Nov. 10 138 Nov. 9 Nov. 14 20 Nov. 2 11 Nov. 25 Nov. 3 6* Nov. 2 8* Nov. Nov. 178* Nov. 28 187 170 Nov. LIVF 1 173 Nov. 20* Nov. 2 23* Nov. 2U>4 3* Nov. 29 4* Nov. 30* Nov. 28 35* Nov. 10* Nov. 28 12* Nov. Sale 3% Sale 33* Sale 11* Sale 11 Mar. 30 Mar. 18 12 7 118 21* 5 11 65* June 17 8* Sept. 26 28* June 2 31* 117* Nov. 12 118* Nov. 29 13* Nov. 28 15* Nov. 26 Sale Nov. rd 91* Nov. 16 Nov. 25 Nov. 5 Nov. 12 24 32x4 Nov. 1 Sale Sale Jan. 17 24* Nov. 16 4 Mar. 31 8* Nov. 9 2* Jan. 10 * Nov. 16 Oct. 24 76 Mar. 31 115 Jan.24 2* Sept. 7 7. Juiy 6 4* June 11 40 J Oct. 24 25 Mar. 30 Oct. 29 20* Jan. 3 30^ 31* Jan. 5 41} Nov. 30 10/8 Nov. 10 23* Nov. 10 135* Nov. 20 25 Mar. 30 102 142 Elec Ac Musical Ind— 36 33 7 Highest 7* Mar. 29 Nov. 14 9 Sale Sale 6* 180 Sale Nov. 140 170 20* Sale 3 % Sale Nov. 23 Nov. 22 Nov. 30 Nov. 1 Sale 146 135% 135% 137* 118% 120 120 118 116% 15* Sale - Nov. 29 Nov. 4 I* Sale a 170 shares—....... Nov. 1 Nov. 28 Nov. 10 9 24* Nov. 16 8* Nov. 9 1* Nov. 3 28 16 28 114 Nov. 28 Nov. 28 Nov. 25 Nov. 4 , 1.2* 9 4 22% Sale 6% preferred .......-.--100 158,200 Eaton Mfg. Co.............-4 141,500 Kltlngon Schlld ....* 878,900 Electric Auto Lite (The)...5 707,100 Electric Boat ........3 , 1 Highest 25* Feb. 23 13% May 27 19* Mar. 29 3 Nov. Nov. 30 3 33* Sale fl9« Nov. 17 Sale 14 27* Sale 41* Sale 9* Sale 21* Sale 40 % 9 23* Nov. 14 25 28 Sale Sale American 18* Nov. 28 24* Nov. 9 Nov. Nov. Nov. Nov. Sale 5 Elec Power Ac Light * 271,100 $7 preferred ......* 112,900 |6 preferred— 50,200 Elec Storage Battery * 26,300 Elk Horn Coal Corp.——.—* 154,700 tcl Paso Natural Gas Co 3 10,400 Endtcott-Jotinson 50 4,040 5% preferred .....100 919,000 Engineers Pub Serrlce 1 ■ 20* 6* Sale * 111* 111* 30 180 102,400 Lowest Sale Prices 2 40 Eastman Kodak Co. of N. J.* 2,010,800 Highest Sale Prices Nov. 21* Sale 30* 31% 6* Sale 12 * Sale 68* 75 15* 16% 32 35 18* 19% .....100 Eastern Rolling Mills. Sale "33"" Sale" 765,700 Du Pont de Nem Ac Co (BI).20 20,200 6% non-rotlng deben-.lOfl 27,900 $4 50 preferred .......* 5,800 Duquesne Light 5% 1st pf.100 13,900 Eastern Airlines Inc 1 124,200 153,700 2,960 110 3 100 * 76,800 Dow Chemical Co....—...* 9,000 Dresser (S R) Mfg cons cl A..* 35,200 Class B ♦ 126,500 DunhUl International......! 5,100 Duplan Silk • 900 1,300 96,500 20% Lowest Ask 24 1,448,800 Douglas Aircraft Co Inc....* 7,300 RANGE SINCE JAN. Sale Prices Nov. 30 Ask Bid Sale 100 297,800 Distil Corp-Seagrams Ltd...* 13,200 5% pref with warrants. 100 17,050 Dixie-Vortex Co..—— • 7,800 36,200 Bid 12 30 ..... Preferred... 28,060 51,400 28,300 87,300 4,200 3,200 6,900 39,900 1,800 2,200 1,040 Nov. 1 Ask 21* Sale 22* Sale .............. Preferred 23,000 Deteel-Wemiiier-GtlbertCorpIO 484,600 Delaware 4k Hudion 100 403,900 Del Lack Ac Weatern.. 50 18,200 (Dearer RIoGrAc Wee pref 100 29,000 Detroit Edison 100 1,110 Det olt & Mackinac Ry Co, 100 90 ' Deere Ac Co NOVEMBER Jan. 3 1938 Par 1,618,900 57,600 141,000 3,600 3,200 81,500 89,300 2,300 2,400 IN Price Jan. 1 Share* EXCHANGE-STOCKS 2* July 10 9 25 17 10 21 3 12 3 22 23 22 10 7 12 21 25 26* Oct. 14 41* Nov. 10 34 Nov. 9 16* Nov. 7 20* Nov. 14 June 1 100 June 8 Mar. 29 27* Nov. 9 Feb. 26 Feb. 26 6* June 13 50 Sept. 28 11* AGGREGATE STOCKS n. y. stock In Since November Price exchange Jan. 3 Jan. 1 102,200 3,300 28,600 .900 6,000 7,500 160 99,300 15,000 155,000 13,700 r 13,600 230 56,800 Par 656,100 Glmb«f Brothers..-------—* 31,100 $6 preferred.—————* 224,100 GUdden Co (The) -• 7,600 4k% con* preferred-—-50 88,800 Gobel (Adolf).....—1 96,700 Goebel Brewind Co.———1 670 Gold Ac Stock Tele* Co—100 ---* 1,188,400 Goodrich (b f) 97,800 if preferred————* 1,560,200 Goodyear t ft r— ———* 49,700 $5 preferred.—————* -• 73,900 Gotham Silk Hosiery Preferred ——190 1,490 1 654,400 Graham-Paid* Motors 6,600 8,100 7,500 1,200 29,300 153,200 6,800 240 10 15,300 560 Greene Cananea 50 500 15,500 700 •260 22,000 600 340 290 14,400 ; 6% preferred—-——. 1,700 Hanna (M A) Cc C? pref. 144,100 Harbison Walker Refrac 270 '¥,666 270 21,500 2,100 61,400 2,300 170 5,400 3,100 5,100 10 370 530 1,100 1,400 900 14,000 310 29,300 1,100 26,900 $4 cony $5 cony 7% Co—10 * preferred-..—....* 5 —* preferred...——100 200 38,100 27,600 116,200 97,100 5,800 1,000 3,380 900 10,500 6,400 l¥,406 51,000 II,300 47,000 16,700 1,120 5,000 123,900 6,800 2,900 6,600 55,000 1,000 45,000 6,300 13,100 177,300 1,100 148,100 80,000 910 400 2,800 3,000 4,200 1,690 126,800 26,000 18,000 1,450 1,700 1,400 130 3,100 25,800 200 6,590 2,000 Manhattan 100 ft Sm Co Ltd—100 * 400,400 Hudson Motor Car 656,100 Hupp Motor Car Corp—..1 Hud Bay M 5% cony pref...........100 989,800 * 32,190 Int Rys of Cent Amer 5% preferred.........—100 13,510 17,200 International Salt......—36,600 International Shoe—.....—* 31,500 International Silver——-10® 7% preferred-.—......100 8,150 * 2,221,600 Internat Tel ft Tel Foreign share certlfs * 386,400 * 198,300 Interstate Dept Stores Preferred.............. 10€ 4,420 Intertype Corp.——.—* 15,910 26,200 Island Creek Coal..——1 86 preferred — —1 390 24,600 Jewel Tea inc..—— 348,000 lohns-Manvilla —————* Preferred. 3,640 33,360 lones ft Laugh Steel pref.100 25,930 Kalamazoo Stove ft Furn ColO 129,200 t>or Convertible class A—.....1 Con* class B 1 1,010 Kendall Co 80 pt pf ser A—* footnotes see page 40 June 68 15k k 2 k 52 k k 9 69 12 14 30 1 23 Nov. Sale 46 Nov. 16 12 Sale lk 22 k Sale 12 k Nov. 10 23 k 122 Nov. Nov. 7 1 Nov. 19 Nov. 9 Sale Sale 102 105 155 19k Sale 152 52 L25 Sale 129 41k 50 k 84 k Sale 16 19 25 Sale 100 9 Sale 20 k Sale 101 53 21 Sale 25 8% Sale 79 iff Sale 83 Sale Sale & '~6k Sale 1k Sale 68k Sale 58 14 k Sale 24k 25k 6k 4 42 Sale 8k Sale 48 — - - 86 k Sale 17 k 5 Sale 8k 27 k 93 Sale Sale Sale Sale 4k Sale Sale Sale 25 75 k Sale 63 k Sale 13 k 2k 24 k 63 165 8k 3k 9 43 k Sale 125 132 7H Sale 30 k Sale 3k Sale 39 k Sale 21 32 16 Sale Sale Sale 65 Sale 6H Sale 7 Sale 9N Sale 70 k Sale 9k 10k 21 % Sale 116 117 50 k Sale 76 k Sale 123 71 16k ii8k 7k 20 15 13 74 k 124 Sale 19k Sale Sale 17 13k 87 7 k Sale 4 k Sale 88 ..... Sale Sale Sale 56 k Sale 132k 136 13 k Sale 49 k Sale 3k 4k 86 k 15 5 24 Apr/ 28 Apr. 30 35 Nov. 12 30 Nov. 100 Nov. 7 k Nov. 16 75 Nov. 29 9 5 Nov. 73 k Nov. 29 9 134 Nov. 30 1 9 58 Nov. 2 105 k Nov. 18 2 176 60 53 k 131 it* 40* 32 Sale 30 ' 87 80 k Ilk Sale Sale 20 k L20 68 k 121 Sale Sale Sale 161k 164 6 k Sale 3k 3k 8 k Sale 30 Sale 23 k Nov. 29 41 k Nov. 2 1 8 k Nov. 28k Nov. 10 85 k N°v. "i 14 Nov. 28 4 k Ncfv. 22 95 liH 20k 123 174 k Nov. 2 57 k Nov. 28 Nov. 18 164 159 8 6 k Nov. 28 179|| Nov 1 3 k Nov. 8 k Nov. 28 Nov. 42 Nov. Sale 9 k Sale Sale 86k 9 4 15 k Nov. 10 52 k Nov. 9 4 Nov. 4 46 Nov. 2 88 Nov. 7 k Nov. Sale 8 k Nov. 14 k Nov. 95 12 8 9 29 15k 98 13 k 9 Nov, 32 20 Sale 22 Nov, Nov. 10 9 9 k Nov. 93 Sale 77 Nov. Nov. Nov. Ilk Nov. Nov. 120 Nov. 20 k 67 k Nov. 96 k Nov. 62 Nov. 20 Nov. 19k Nov. 121k 119 8 k Nov. Sale 23 8 4k Sale Sale Sale Nov. 10 Sale Sale 9 10 34 k Nov. Sale 120 Sale Sale 93k 98 Jan. 10 118 5k Mar. 26 1 Ilk June iff Mar. 16 108 66 1 48k Apr. 17k Mar. 31 102 Mar. 30 6 W Aug. 31 July 19 Jan. 12 May 27 Aug. 15 Oct. 25 Oct. 19 72 k Nov. 18 26 105 k Nov. 29 9 k July 20 5 Mar. 31 23k Mar. 30 53 k Jan. 13 3 k Jan. 14 1 7 May 46k Jan* 83 k Jan. 3 4 Mar. 29 20 k Mar. 30 5 Mar. 30 k June 15 6 k Mar. 30 12 6 Apr. 23 Mar. 30 9k July Jan. 13 2k Oct. 6 10 17k Nov. 10 It* 3 k Apr. 2 10k 4 10 k Mar. 29 14k Mar. 31 30 k 60 Mar. 25 117 Feb. 8 146 18k Nov. 18k Nov. 13 k Nov. 91 Nov. 11 Nov. 28 7} 93 J Nov. 28 Nov. 26 1 3 1 1 1 35k 94 k 10 k 10 k Nov. Nov. Nov. Nov. 18 Nov, 12 3k 2k June 10 2 Mar. 29 6k Mar. 30 2 Mar. 26 15 Mar. 26 Mar. 31 cl30 48 141 May 27 Mar. 9 3 k Mar. 31 2 Mar. 25 6k Mar. 31 36k Mar. 31 132 Jan. Mar. 29 18k 2 k 28k 19k Mar. 31 Mar. 30 Mar. 25 Mar. 31 28 June 17 12 Mar. 28 46 k Mar. 30 5k Feb. 4 Feb. 4 6 6k Mar. 30 Feb. 10 83 k Nov. 17 12 k Nov. 9 Nov. 10 Nov; 10 Nov. 12 July 13 Aug. 24 Nov. 16 124 Nov. 4 71k Nov. 26 109 k Nov. 10 128 Nov. 4 72 k Nov. 16 22 k Nov. 10 121k Nov. 9 Ilk Nov. 12 23 k Nov. 3 22 Nov. 14 16 Nov. 16 91 Nov. 29 Nov. 9 9 k Nov. 9 14 97 Nov. 1 8 Mar. 31 June 8 *70* 16iff itg 6 48k 30 k 35k 35k 94 k Ilk Ilk 17 17 Nov. 10 Jan.* 11 Oct. 31 Oct. 28 Jan, 11 Jan. 21 July 23 Jan. Jan. 21 21 Nov. 25 Jan. Nov. Nov. 24 3 Oct. 1 6 Oct.- 8 Nov. 12 IP July 25 Jan. 15 Nov. 17 24 72 49k Apr. 1 78 12 k Mar. 25 24k L18 Mar. 8 123 13k 24k Nov. 4 Aug. 8 Oct. 14 July 7 Jan. 10 July 20 Oct. 18 July 25 July 21 2 22 Nov. 14 6 5 16 Nov. 16 91 Nov. 29 4k Mar. 29 3 Jan. 18 Mar. 29 111k Jan. 24 130 80 9 15k Nov. 10 9 52 k Nov. 58 12k Apr. 10k May Apr. Nov. 57 k Nov. 10 Mar. 30 63 Nov. 16 3k Jan. 44 k 6 k Mar. 29 12 Mar. 29 17 Nov. 15 16k Nov. 12 29 113 k Apr. 30 124 L22 9 Sept.30 Nov. 12 Apr. 25 7 5k July 63 2ik Nov. 28 m it* 19 140 4k 14 35k Nov. 10 3 k Nov. 10 28 k Nov. 10 Nov. 22 65 Ilk Mar. 28 105 k Nov. 18 Sept. 28 21k Nov. 3 6 52 k Oct. Jan. 31 15 Nov. 28 2k 24 21 ..... 17 80 80 30 k Nov. 25 Sale 20k Oct. 25 73 k Nov. 29 42 k Mar. 31 Oct. 4 126 k Jan. 19 135 60 Oct. 25 40 Mar. 19 9 96 k Nov. 4 k Nov. 10 16 k Nov. 12 27 k Nov. Sale Mar. 26 Nov. 15 3 k Nov. 28 12 k NOV. 28 92 11 79f Ilk 21k May Jan. 140 10 6k Oct. 19 107 k Nov. 18 Ilk Nov. 30 Nov. 7 5 105 Nov. 18 8 160 1 19k Oct. 42 k Nov. 3 k Nov. 29k 8?* June Mar. 25 7 k Mar. 30 1 Apr. Mar. 26 15 Mar. 30 Sale A* 42 50 k Mar. 31 June 14 k 25 26 19 Nov. 29 Oct. Jan. 9 18 k Nov. 5 k Nov. 15 9 k Nov. 16 9 34k Nov. 126k Nov. 97 3 Nov. 2 Nov. 28 Sale 85 4k June lit* ft* 95 Sale 20 k 14 7 15 Nov. 14 Jan. 56 k June 17 127 20 July 2 101 Apr. 135 102 L21k 10 k Nov. 12 Mar. 29 11% Nov. 12 Sale 71k Sale 101 44 51k Nov. 28 57 k Nov. Sale Nov. 134k 130 k Nov. 22 137 8k 8k Sale 70 10 Nov. Nov. 10 10 k Nov. 12 1 8 k Nov. 10 8 Nov. 9 27 k Nov. 24 k Nov. 18 9 Nov. 107 Nov. 28 117 27 Sale Sale Sale Sale Sale 2 k Sale 24 k Sale Sale Sale Sale Sale 10k Sale 72 k Nov. 18 17 k Nov. 10 28 k 92 k 3 k 13 k 29 17 June 23 100 15 2 14 8 Sale 76 May 83 1 3 Nov. 15 Mar. 31 90 34 k Nov. Nov. 6 June' Mar. 25 12 Nov. Nov. 101 1 5 107 k Nov. 18 9 k Nov. 16 Ilk Nov. 30 7 Nov. 103 Nov, 23 105 2 160 Nov. 18 155 Nov. 9 19 k Nov. 28 15 k Nov. 9k 45 27 k 34 k 93 k 9k Sale Sale 7 Nov. Nov. 13 k Nov. 19 k Nov. ~ Sale 12 6k July 30 71k Sale 1 105 k Nov. 29 Sale 101k Nov. 8 k Nov. 10 7 k Nov, 28 Sale 50 k Nov. 10 46 Nov, 22 47 k Sale 1 2 k Nov. lk Nov, 21 lk 2 6 k Nov. 15 5 Nov 29 5k 6k 35 k Nov. 10 x32 k Nov. 17 33 k Sale 4 9 k Nov. 7 k Nov, 28 7 k Sale 2 k Nov. 25 2 Nov. 18 2 k Sale 150 10 Jan. 12' 105 k 8 Sale 14 Jan. 28 21k Nov. 16 r 34 69 k Nov 7k 8 25 k Sale 25 k Sale Sale 13k 114k 109 8 Oct. Mar. 31 Mar. 28 7 June 30 Nov. 16 99 k Nov. 73 Sale Nov. 10 13 28* Oct. 24 134 8k 21 4 Feb. 7 Sept. Mar. 25 Mar. 29 68 15k Sale 24 k Sale 43 Sale 14 31 Mar 88* 70 Sale Sale Sale Sale 7 Sale Sale Sale Jan. Nov. 14 8 Sale 68 k 101k 8k 48 k 2k 6k 33 k 9k 2k Nov. 10 32 31 Nov. 14 7 Sale 129 k Nov, Sale Nov, 56k 59k 55 Nov, 100 99 101k 104 k Sale 3 1 21k Nov. 19 k Nov. 19k 20k 19k Sale 4 50 k Nov. 12 Nov. 46 47 k Sale 47 k Sale Nov, 18 116k Nov. 12 115 110 114 115k 118 9 Ilk Nov. 9 k Sale '\ 9k Nov. 29 Ilk Sale 18 k Nov. 14 Nov, 30 15 15 Sale 16k Sale Nov. 23 Nov, 23 107 107 107 k 104 k 9 62 k Nov. Nov, 14 59 Sale 60 k Sale 1 Nov. Sale 30k 33k 31k Nov, 28 35 17 k Nov. 9 Nov, 28 14 k 16 X Sale 14 k Sale 68 132 28k 8 3 6 k Nov. 12 1 68 Nov, 3 k Nov. 28 75 16 31 Nov. 16 28 Sale 105 160 24 Nov. 14 Nov. 17 k Sale :r98k Nov. Sale 96 k Nov. Sale Sale Sale Sale 3 30 AAA 18 11 5 July 18 Aug. 30 28 k Nov. 29k 7 77 k k Sale 101k 106 k It* Nov. 12 12 140 50 6 30 50 29 Nov. 10 12 k Nov. 10 lk Nov. 9 120 4k Sale 19 Nov. 24 20 Sale A* ~~6~k Sale 15 July 32 k Nov. 9 k Nov. 5 Sale 68 8k Oct. 5 35 13 k Mar 34 Nov. 14 21 18k Nov. 28 1 5 k Nov. 21k Sale 9k Nov. 10 40 Nov. 1 Sale Sale 9 20 Nov. 14 9 Nov. 12 .Iff May 26 Apr. Jan. Mar. Mar. Apr. Apr. July Mar. 9 17 Nov. 30 6 k Nov. 14 71 Nov. 30 2 Jan. 12 Mar. 30 Mar. 30 Mar. 29 19 11 Nov. 106 June 17 10 k Jan. 36k Nov. Mar. 31 Nov. 14 W* 24 18 k Nov. 28 Ilk Nov. 26 40 Sale 18 2 k Mar. 31 1 Mar. 31 8 Mar. 30 5 135 Internet Harvester, 7,100 30 Sale 29* 7% preferred —100 9,550 516,100 Internet Hydro-Rlec 8ye A. 25 106,100 Internet Mercan Marine....* 1 169,000 Int Mining Corp 3,600 10 Sale 10k Sale 6% preferred--——100 4,690 62,040 Intercontinental Rubber—* * 984,000 Inter lake Iron.. —• 100,400 Internet Agricultural Prior preferred —.100 30,500 58,600 Int Business Machines..—* 2,548,810 Internet Nickel of Canada--* Preferred---100 5,100 Internat Paper Ac Power.... New 15 1,294,400 30 Nov. 1 15k 13 k Nov. 28k Sale 23 k Nov. 28 29 k 2 Sale 27 k Nov. 1 140 Sale 135 k Nov. 1 49 49 Nov. 49 k 2 28 k Sale 24 Nov. 33 —--- 510 Kansas City Lt 1st pf Ser B * 100 122,800 Kansas City Southern 4% preferred....... ..--100 17,400 Kaufman Dept Stores..812.50 14,200 5 29,800 Kayser(J) ft Co 440 Kelth-Albee Orphoum pf.100 76,900 Kelsey Hayes Wheel- 70 8,400 2,600 1,600 3,600 20 Inspiration Cons Copper-.20 67,200 Insuranshares Ctfs Inc.....1 216,500 tlnterboro Rap Tran._.„100 —• 76,500 Inter chemical Corp 740,500 26k Oct. 14 Sale 18k 5k Sale Refining---. Steel Sale 23 k Sale 42 MS preferred——.100 Inland 27 19k Sale -—--10 Industrial Rayon Corp.....* Ingersoll-Rand —.———* 6% Sale Sale 36 —.100 4% pref series A.......1A0 Leased line 4% —100 RR sec stock ctfs sat A1IW Indian 3 85 Mar. 31 4 12 Sale Sale 629,705 Illinois Central 31,200 11,100 10,450 27,000 204,600 56,100 1,460 146,600 1,204,900 Sept. 26 Apr. 26 9 k Nov. 5 22 k Nov. 12 49 6k 42 preferred..———10* 1 10 8k Nov. 10 i35k 48 k 5% Mar. 26 lk Nov. 29 Ilk Nov. 28 18 Nov. 28 2 26 k Nov. Sale 28k Nov. 9 Jan. 19 51; July 18 3] 1 Apr. 6 k Nov. 29 Sale 67 Mar. 30 1 Sale 2 June 18 13 9 5 Sale 28 stock—.—-——-* Hudson ft 65 k 1 k 48k Nov. 3 Nov. Nov. 22 2 k Nov. Nov. 25 85 Nov. Nov. 28 Nov. 28 26 k Nov. 68 Nov. Nov. 5 Nov. 28 36 k Nov. Nov. Nov. 19 106 6 k Nov. Nov. 4 71 Nov. Nov. 9 lk Nov. Nov. 28 15k July 19 July 20 37 k Nov. 14 28 k Nov. Sale \V* I* llu 5% preferred ....... 100 of Texas y t c.25 Howe Sound Co -«» Common Houston Oil k 9 15 k Nov. 65 Sale 32 427,000 Hbmestake Mining-.—.12.50 20,100 Houdallle-Hershey cl A ....* Class B 448,300 21,600 10,100 632,700 161,200 40,600 15,100 262,500 Sale Sale lk Sale V4 4 Sale 66 64 ^ Household Finance— 3,500 1,600 29,000 13,300 4,100 31k 19 Sale Hollander (A) ft Son Holly Sugar Corp 61 Sale' 100 preferred...———* Holland Furnace.. 1 Sale 102 k 101 99 • 21k Sale 98 Powder...——* preferred.—...—100 76 Sale Sale • Hershey Chocolate Hlnde Ac Dauch Paper 77 k Sale Zioo Hercules 6% Sale 88 2k 2k Sale 4k 37,600 Hat Corp class A————1 1,860 6k % preferred w w 10S 221,310 Hayes Body Corp..—.—-2 13,700 Hazel-Atlas Co.-----------25 -1 324,900 Hecker Products Corp 6,400 Helme (G W) -25 1,410 7% preferred...... 100 87,200 Hercules Motors—.——* 126,200 3,820 5,700 11,700 5,100 212,200 3,070 53,300 69,300 19,100 48 33 preferred.————100 6% Sale Nov. 28 Nov. 12 23 Sale 102 k —25 6,700 Hackensack Water Preferred A——. -25 20,210 ...10 77,900 Hall Printing * 10,100 Hamilton Watch........ 1,440 Sale 12 k Nov. 28 60 Nov. 18 24 k 62 k preferred.——100 6% 50 k 20,800 Gulf Mobile Ac Northern—100 I,600 k Sale Copper—100 170 Sale 62 Sale 48 1,898.600 Greyhound Corp (The)——* 151,100 5h% preferred————10 31,600 Guantanamo Sugar.———-• 1,810 8% preferred——100 214,400 8,600 3,400 Sale Sale 24 i§* §* Sale Sale Prices Sale Prices 5 Mar. 29 Sale Prices Sale Prices Ask 14 Highest Lowest Highest Lowest 30_ 61 aV* 46 33,700 a3 cony preferred series—* 59,300 Granite City Steel * —10 78,900 Grant (w t) 27,900 5% preferred———20 168,000 Great Northern lr ore prop- * 10« 1,106,200 Great Northern pref —• 73,100 Great West Sug Preferred 100 3,420 170 Green Bay Ac Western rr.100 103,300 Green (h l) Co— --1 5,100 Nov. Ask Bid Bid Granby Consol Mining 269,600 Smelting Ac Power Ltd—5 1 30,500 Grand Union Co (The) 15,100 . Nov. 1 1938 Shares Shares ! RANGE SINCE JAN. 1 NOVEMBER IN PRICES SALES 35 EXCHANGE-STOCKS N. Y. STOCK Dec., 1938] 14k Mar. 26 10 k Jan. 6 100 Oct. 24 Oct. 19 Oct. 5 / 36 N. Y. STOCK EXCHANGE—STOCKS : AGGREGATE SALEi In Since November STOCKS Jan. 1 Shares H. T. STOCK EXCHANGE Shares Par 217,20C 17.20C 1.60C 1,300 1,955,800 112,500 17,000 17,330 100 350 500 8,690 246,100 11,300 22,700 229,200 26,100 400 2,000 43,500 Kennecott Copper 35 3* 20 X 8% preferred 85 prior preferred Kresge (S S) Co Kresge Dept Stores Kress (S H) Ac Co new.. 20,400 6,900 5,500 18,400 13,800 2,500 30,100 8,700 2,900 6,000 14,900 900 1,000 13,800 4,200 24,600 48,800 600 166,000 28,000 5,900 5,700 50 ...104 ... __* 100 Loulsrille Gas Ac 10 100 Manatl 46",600 369,100 1,490,800 67,800 120,500 14,400 90,300 12", 400 5,600 1,400 .....* .........10 4,500 22,700 * 5% guar 100 ....25 200 15,100 ^ 2,300 14,900 38,100 104,200 6,900 10,700 • 70 9,500 '""400 - ^ 5,500 28,400 3,360 1,050 10,300 28,800 26,100 11,100 580 9,200 510 29,600 900 3,200 2,400 2,170 3,000 11,100 23,400 4,800 8,800 14,000 19,900 246,800 16,700 13,500 4,200 7,350 45,200 94,200 289,500 35,700 103,840 77,100 194,900 Prior preferred 100 Marshall Field Ac Co * Martin (Glenn L) Co.... 1 Martin Parry Corp.........* 610 640 20,800 800 1234 Sale 6 63* 10 Sale 13* Sale 6 Sale $3 preferred ex*warrants.-* $6 1st preferred * McCall Corp McCrory Stores ........1 6% conv preferred ..100 McGraw Electric Co 1 McGraw Hill Pub Co ....* Mclntyre Porcupine Mines..5 McKeesport Tin Plate.....10 McKesson Ac Robblns con? pref 5 .... McLei an Stores Co 6% 3 * 1 pref...........100 Mead Corp * 56 pref series A .......* 55.50 pref ser B w warr._* Melville Shoe Corp * 1 Mengel Co con? 1st pref.. ...50 Merch At Mln Transp Co * Mesta Machine Co .......5 .. Miami Copper Mld-Contlnent 5 Petroleum. 10 Midland Steel Products.. * 8% 1st preferred ISO Minn-Honeywell Reg Co....* 4% con? pref ser B.....100 Minn Mollne Pow Implem__l 36.50 pref • {Minn St Paul At S S M...10U 7% preferred 100 4% leased lines........ 150 Mission Corp........... Mo Kan-Texas .* * 7% preferred series A...100 {Missouri Pacific 100 Conrertlble preferred.. 100 Mohawk Carpet Mills ..20 Monsanto Chemical Wks-.IO 54.50 pref * Motor Products • Motor Wheel 5 Mueller Brass Co 1 Mullins Mfg Corp class B...1 57 con? preferred.........* Munslngwear ........* Murphy Co (G C )..........* 5% preferred ......100 Murray Corp of Amsrlsa..l0 Myers (F E) Ac Bros.........* . see page 5 2034 Sale v 40. "" r " . Sale 25 783* 80 1334 Sale 8 73 113* Sale Sale Sale 17534 18 2L, 23* Sale Sale 203* 273* 203* 283* Sale 1134 93* 153* 534 243* 213* Sale Sale Sale 6 Sale Sale Sale 6 183* Sale 5034 Sale Nov. 29 9834 Nov. 30 1743* Nov. 22 4734 49 1834 Sale Sale 33* 2034 1043* 213* 1483s 1634 483* Sale Sale Sale Sale 151 Sale Sale 28* 2934 29 Sale 1203* 12134 273* Sale 283* Sale 46 Sale 433* Sale 193* Sale 1834 Sale 3834 Sale 353* Sale Sale 834 173* 93* 143* 134 53* Nov. 21 Nov.. 4 Nov. 5 Nov. 28 Nov. 1 Nov. 18 Sale 98 Sale 2 Sale Sale Sale 15 Sale Sale 7 Sale 8 163* Sale 10 13 Sale Sale 4854 Nov. 9 143* Nov. 12 3 1734 22M 634 30 Nov. 28 Nov. 12 22 1 Nov. Nov. 10 1 Nov. 10 143* Nov. 21 343* 583* 73* 3734 1013* 10234 1753* Nov. 10 Nov. 10 Nov. 10 Nov. 3 Nov. 9 Nov. 9 Nov. 14 1834 Nov. 26 50 1 9 Nov. 14 Nov. 9 21 28 623* Nov. 12 2 11034 Nov. 29 28 1 83* Nov. 28 60 A Nov. 14 29 43* Nov. 9 20 Nov. 30 233* Nov. 10 Nov. 29 1033* Nov. 5 106 193* Nov. 15 213* Nov. 10 148 Nov. 1 154 Nov. 10 1634 Nov. 30 193* Nov. 10 473* Nov. 29 55 29 120 Nov. 10 Nov. 14 293* Nov. 4 Nov. 16 1213* Nov. 28 263* Nov. 28 4134 Nov. 28 1634 Nov. 21 35 Nov. Nov. Nov. Nov. 13 Nov. Nov. Nov. Nov. Nov. Nov. 173* Nov. 103* Nov. 1434 Nov. Nov. 28 134 7n 1434 834 323* 473* 193* 403* 234 834 Nov. 30 26 28 18 14 16 12 1 10 30 1 1 9 4 13* Sale 13* Nov. 15 2 5 Sale 5 534 Nov. 10 73* Sale 734 Nov. 19 Nov. 28 Nov. 10 Sale 9 Sale 1334 Sale 3234 Sale 12 Sale 5734 Sale 54 Sale liy 3034 434 53 343* 34 Sale 33 6 162 52 Sale 343* 323* Sale 63* Sale 1623* Sale 634 Sale 49 93* Nov. Nov. 28 Nov. 28 Nov. 18 Nov. 29 143* 343* 63* 59 Nov. 28 363* Nov. 12 53* Sale 273* 26 9034 Sale 1334 Sale 113* Sale 95 86 92 19 10 Sale Sale 123* Sale 113* Sale 90 12 Nov. 4 Nov. 28 1054 Nov. 28 , Nov. 16 95 Nov. 30 133* Nov. 21 133* Nov. 10 923* Nov. 10 203* Nov. 22 Ilk Nov. 12 41 95 94 Nov. 95 11 Nov. 29 1134 Sale 663* 53 23 15 123* 21 91 61 102 Sale 96 Sale 105 534 Sale 5034 52 3* Sale 34 Sale 1 23* 83* 13* 234 1334 84 110 Sale Sale 13* Sale Sale Sale 111 303* Sale 213* 243* 3634 Sale 1534 Sale 103* Sale 163* Sale 5 Sale 50 54 11 113* 51 Sale 9834 105 5 403* 53 53* Sale 50 123* 74 67 75 68 48 Sale Sale Sale 14 63* Nov. 28 2 68 48 Nov. 25 Nov. 9 Sale 273* Sale 23 Nov. 1 14 123* Nov. 2 2 16 53* Nov. 1 Sale 4034 Sale 39 123* 163* 2634 Sale Sale 11 Sale 16 Sale 103* Nov. 28 153* Nov. 28 Nov. 263* 263* Sale 26 Nov. 28 107 1083* HO 1093* 1083* Nov. 4 88 Sale 82 Sale 115 Sale 115 Sale 634 Sale 61 14 Sale 1 54 1 Sale 23* Sale 93* Sale 1 554 Sale Sale 134 Sale 183* Sale 1033* Sale 11634 60 3* 133* 2 Sale** 1434 Sale 834 Sale 3* Sale 13* Sale 173* 18 53 Nov. 9 Nov. 16 1134 Nov. 10 Nov. 7 143* Nov. 1 77 Nov. 28 11434 Nov. 2 53* Nov. 28 593* Nov. 1 3* Nov. 29 3* Nov. 3* Nov. 133* Nov. 15* Nov. 73* Nov. 3* Nov. 134 Nov. 1734 Nov. 73 Nov. 53 Nov. 734 293* 163* 443* Nov. Nov. Nov. Nov. 13 k Nov. 1734 Nov. 303* Nov. 110k Nov. 893* Nov. £117 Nov. 10 Mar. 29 Mar. 26 1834 Mar. 31 34 Mar. 29 43* Mar. 30 5k Mar. 26 23* Mar. 26 9 Mar. 30 134 Mar 31 43* Sept. 14 3* May 2 33* Feb. 7 7 Jan. 8 3* Mar. 30 18k Mar. 30 53* Mar. 30 143* Mar. 30 234 May 24 25 Mar. 29 . 323* 493* 193* 403* 23* 103* 203* 64 4 Nov. 14 3* Nov. 15 4 k Nov. 2 3* Nov. 3 30 10 28 29 2 Nov. 16 July 26 Oct. 27 Nov. Oct. Nov. Jan. 103* Nov. 16 July 234 Jan. 73* Jan. lk May 7 k May 10 22 9 13 9 23 11 11 12 11 16 July 6 234 May 11 293* Jan. 6 14 k Nov. 10 343* Nov. 9 73* Oct. 27 61 Oct. 14 1934 Mar. 31 363* Aug. 2 165 283* Mar. 31 53 33* Mar. 26 73* 163* June 1 2834 20 Mar. 29 21 75 Apr. 5 95 10 Mar. 23 Mar. 31 Jan. 31 7 Mar. 26 61 Nov. 24 Feb. 23 Oct. July July 25 8 26 Apr. 22 Nov. 30 18 Nov. 10 Nov. 10 Nov. 22 June 14 1434 Nov. 14 23* Nov. 1 1034 Nov. 9 1 Nov. 1 Nov. 1 Nov. 4 Nov. 12 Nov. 15 9 Nov. 7 Nov. 15 Nov. 9 Nov. 9 Nov. Nov. 1 Nov. 9 Nov. 4 Nov. 10 Nov. 23 Nov. 1 Nov. 9 4934Nov. 14 Jan. 27 27 12 16 5 Mar. 26 1134 Nov. 10 70 Apr. 12 95 634 Mar. 26 Apr. 5 80 50 1 323* 16 33* 14 15 11 12 15 2634 534 10 1234 10 14 1534 76 23 7 463* 17 100 73* Nov. 14 22 13* 28 203* 102 Sale 10034 Nov. 21 10734 114 1143* 1153* Nov. 26 1163* 51 Sale 493* Sale 463* Nov. 28 533* 35 37 333* 343* 343* Nov. 29 37 3734 383* 3634 38 35 Nov. 29 403* 20 Sale 18 183* Sale Nov. 29 2234 14 Sale 14 1434 Sale Nov. 1 173* 303* Sale 2634 Sale 2554 Nov. 30 31 7 Sale 6 Sale 534 Nov. 28 734 433* Sale 38 373* 38 Nov. 28 443* 12 133* 143* 1234 123* Nov. 29 143* 57 573* 5934 5834 58 Nov. 9 5934 1083* Sale 107 Nov. 7 1083* 1083* 106 93* Sale 8 834 Sale Nov. 28 93* 4734 49 48 473* 48 Nov. 4 ----- 16 243* Mar. 30 55 42 Sale 1534 Sale 12 65 Sale 683* 413* Sale 43* Sale 18 Sale 163* 373* Sale 73* Sale 183* Sale Sale 90 .—- 50 80 22 Mar. 29 313* July 19 1163* Mar. 30 126 Jan. 21 Nov. 16 73* Nov. 1 3634 Nov. 1 93* Nov. 29 Sale Nov. 10 Nov. 18 17 10 12 41 Sale 83* 93* Sale 193* Oct. 563* Jan. 2134 Jan. 27 18 37 123* Mar. 31 293* Apr. 20 123* May 27 July Oct. Jan. Nov. Sale 94 • 2234 Nov. 9 934 Nov. 16 19 18 12 353* Mar. 25 133* May 27 53* Mar. 31 2134 92 Jan. 133* 923* 203* 123* 533* 263* 934 20 90 14 18 Mar. 26 30 Jan. 12 83* Mar. 31 17 Nov. 12 33* May 13 73* July 20 1034 Mar. 31 2834 Oct. 6 133* Mar. 30 £253* Oct. 13 95 Jan. 4 120 . Oct. 11 3 Mar. 29 734 July 25 3* Mar. 26 13* Jan. 12 13* Mar. 29 534 Jan. 13 193* Mar. 30 29 July 25 63* Mar. 29 143* Nov. 21 1934 Mar. 30 353* Oct. 21 2334 Mar. 31 583* Nov. 10 6 Mar. 29 9 July 10 25 Mar 30 3734 Nov. 3 81 Mar. 30 1013* Nov. 9 813* Mar. 31 10334 July 25 157 Apr. 9 1753* Nov. 14 143* Mar. 31 1834 Nov. 26 2034 Mar. 26 4034 Nov. 9 29 Mar. 25 50 Nov. 14 123* Mar. 31 213* July 21 33 Mar. 31 623* Nov. 12 102 Apr. 18 11134 Oct. 26 34 Mar. 26 9 Oct. 11 26 Mar. 31 6334 Oct. 22 23* Mar. 28 534 July 25 14k Mar. 31 233* Nov. 10 92 June 22 106 Jan. 18 1334 Mar. 31 213* Nov. 10 125 Nov. 10 Apr. 1 154 16 5134 Sale 80 29 22 25 July 13 313* July 23 215* Nov. 1 8 6 1034 Nov. 18 493* Nov. 18 73* 3634 103* Sale Mar 12 19 25 23 834 Mar. 31 193* Sale 11 113* 503* Sale 11 1 9 28 85 63* Sale 29 293* 7 Sale- 9 523* Nov. 63* Nov. 13 Sale Sale Sale Nov. 26 143* Nov. July .33* July 30 July 193* Jan. 223* Oct. 30 156 4734 Nov. 28 53* Nov. 28 253* Nov. 28 793* Sale Nov. 10 Nov. 9 Nov. 29 ■ Sale 273* Sale 98 2 Mar Sale Prices 51 Oct. 15 15 63* Nov. 9 k Nov. 7 434 Nov. 15 4034 Nov. Nov. 21 8 3 Nov. 12 63* Nov. 1 27 Nov. 9 Nov. Mar. 30 123* Mar 31 143* Nov. 10 46 1834 Nov. 563* Nov. 1083* Nov. 53* Nov. 563* Nov. 334 Nov. 9 17 29 3 153* Mar. 31 23* Mar 26 213* Nov. 24 Feb. 134 Mar. 29 123* Jan. 7 Nov. 10 Nov. 10 Nov. 11 173* Nov. 3 333* Nov. 28 ' 19 1 Hiohest 263* May 27 63* Mar. 31 Nov. 7 Nov. 16 28 25 Nov. 10 120 43* 3* 3 3* 253* 1034 313* 9834 Sale 9834 Sale 174 180 35 59 Sale 5 63* Nov. 21 343* Nov. 19 58 Sale Nov. 51 Sale 110 1063* 1083* 108 8 Sale 634 Sale 5834 Sale 583* Sale 20 148 Nov. 28 233* Nov. 28 213* Nov. 30 313* 33 523* Sale 63* Sale 18 43* 43* 2134 Sale 28 28 14 23 193* Nov. 17 11 3534 Sale 1033* 105 Nov. Nov. Nov. Nov. Nov. 29 28 118 3734 Sale 4834 Sale 183* Sale Sale 4134 113* 2734 23* 183* Nov. 29 153* Nov. 1 434 Sale 3* Sale 33* 33* 25^ Sale 12 Lowest Sale Prices 143* Nov. 30 £2034 Nov. 28 53* Nov. 26 113 Sale 33* Sale Sale 34 Sale 734 Sale 34 3* Sale 1003* Sale 102 30 15 Sale Sale Highest Sale Prices 283* Sale 403* Sale con? 5% 1193* 53* 34 33* 2734 1034 323* 553* Lowest 5^ 334 73* Sale 13* 13* 2334 28 734 Sale 2034 Sale 2234 Sale 1533* 157 3434 Sale ' "634 * 33 Sale Sale 2 "63* Mathleson Alkali Works ... For footnotes 2634 Sale 103* 103* 2334 Sale 313* Sale 6,600 Morrell (J) Ac Co...........* 50 8,330 Morris At Essex 1,100 1,300 Sale * 300 201,900 113,100 152,500 179,900 11,380 13,000 1 28,800 4,240 373,900 6,600 18 Masonlte Corp 2,168,800 Montgomery Ward At Co.....* 14,100 19,300 6,200 10,900 Sale 29 303* 1213* 125 5 100 177,200 700 33* Sale 18 100 Preferred 3.610 170 Sale 1033* 106 163* Sale 131 13534 1 7% preferred...........100 650 94,300 May Dept Stores ..........10 100,200 Maytag Co (The)...........* $3 preferred w w ..* 21,400 1,340 59,900 164,100 2,800 93,700 34,000 328,600 264,000 383,100 61,800 135,800 1,510 122,500 770 5,100 36,700 121,900 21,990 3,610 79,900 482,800 229,400 104,100 4,370 124,800 3,440 32 63* Sale 1 Maracalbo OH Explor Marine Midland Corp Market Street Ry 80 r"l30 Sale 45 Sale Sale Second preferred 100 9,200 Marlin-Rockwell Corp. (Del.) 1 162,900 8,900 8,400 Sale 73* Sale 2434 253* 88 883* 903* Sale 160 170 153* 163* 283a Sale 3634 383* 173* Sale Sale Sugar Co Manhattan Shirt 33,080 1,950 34 16 tManhat'n Ry Co. 7% gu.100 Mod 23 Sale Sale Sale Sale 2434 105 10554 134 Sale Sale 25 100 Sale 16 8,200 Mandel Bros 11,930 199,120 19,000 56,100 382,100 4,330 534 3* 33* 2434 934 51 Macy (R H) Co. Ins * Madison Square Garden....* Magma Copper 96 233* 16 24 12 1634 Sale • 8c Forbes Co..10 ... n|2 Sale 21 1134 Sale 534 53* 1 6% preferred... Mack Truck Inc Sale 35 100 B]ec A Loulsrllle 8c Nashrllle Ludlum Steel 780 "2",370 25 • Lorlllard (P) common.... Preferred 640 251,200 375,100 83,800 87,500 59,700 1,100 2,700 46,300 14 » 5% preferred 13,700 MacAndrews 3,400 35,700 39.500 15 • ... 212,200 8,960 40,800 76,300 96,600 Sale 100 1 29,500 Llftfett Ac Myers Tob com..25 21,800 1,280 5,500 9,300 17 203* Sale 634 Sale 28 293* 2034 Sale 115,000 Series B ...........25 8,700 Preferred 100 11,600 Lily Tulip Cup Corp * 137,300 Lima Locomot!?e Works..._* 39,500 Link Belt Co ...* 122,500 Liquid Carbonic new * 600,500 Loew's Incorporated * 9,200 16.50 preferred ....* 1,676,800 Loft Incorporated • 304,000 Lone Star Cement Corp.....* 116,500 Long Bell Lumber A * 40,300 Loose-Wiles Biscuit.......25 4,980 Sale 12 23* RANGE SINCE JAN. Sale Prices Ask 433* 1234 . IN NOVEMBER Nov. 30 463* Sale 123* Sale 26 273* 234 Sale 27 453* ' ••, . Ask Bid 153* Sale 6 534 24 Sale 143* Sale 151,300 Lee Rubber Ac Tire 5 71,000 Lehigh Portland Cement.-25 1,660 4% con? preferred...... 100 191,800 Lehigh Valley 50 48,100 Lehigh Valley Coal • 42,000 6% con? preferred.......50 237,800 Lehman Corn (The)... 1 62,500 Lehn 8c Fink Products Corp.5 55,600 Lerner Stores Corp __.—* 420,200 Llbbey-Owens Ford Glass...* 80,900 Llbby McNeill 8c Libby * 22,000 Life Sarers Corp 5 480 24,700 10,200 9,000 5,000 1,000 2,410 * 10 Kroger Grocery Ac Bak 89,600 Lambert Co (The) 5,400 Lane Bryant 80 Sale 73* 21 2 234 2034 48 734 * 180 13,000 3,800 Nov. 1 Ask >Bid • 9,300 700 ,£ Bid Keystone Steel Ac Wire Co—* Kimberly-Clark * Kinney (G R) 1 11,320 Laclede Gas Light 10,280 5% preferred 1,220 ....... PRICES Price Jan. 3 1938 4 35 Jan. 4 73 Apr. 1 May 13 June 13 Mar. Mar. Mar. June Apr. Jan. Apr. 30 31 30 4 1 28 1 Mar. 26 Mar. 31 May 2234 May 27 25 Mar. 31 103* Mar. 31 8 Mar. 31 113* Mar. 29 4 26 Mar. 25 Mar. 30 93* Apr. 7 Mar. 26 34k 95 4 Apr. July Nov. Nov. Nov. July Oct. Jan. Nov. 111 July 92 Oct. £117 Nov. 8 723* Oct. 34 Jan. 134 Jan. 13* July 17k 5434 383* 403* 2234 173* 32 834 6434 153* 623* 27 16 15 12 25 17 11 14 28 22 17 July 19 Jan. 33* Jan. 113* July 23* Jan. 33* Jan. 203* Nov. 2 10734 Nov. 5 1173* Sept. Jan. Mar. 31 7 Oct. 20 Nov. 4 5734 734 293* 163* 473* 1434 223* 303* Mar. 30 3* Feb. 2 3* Oct. 27 3* Nov. 30 10 k May 27 13* Mar. 26 4k Mar. 29 34 Mar. 30 134 Mar. 25 10 Mar. 30 67 111 25 Nov. 1534 July 22 Oct. Aug. Nov. July Nov. Oct. July Jan. July Oct. Oct. 13 10 11 25 13 12 21 8 11 4 12 22 13 3 15 25 9 13 26 13 22 21 18 6 110 1034 Juiy 27 54 July 29 Mar. 29 3734 Mar. 29 N. Y. STOCK DEC., 1938] SALES AGGREGATE 1 Since Jan. 1 Shares Jan. 3 Scales 108,400 3,110 17,900 88,500 73,400 900 3,700 300 1,000 24,700 66,900 520 500 9,200 1,300 57,600 1,000 92,500 74,700 800 1,550 13,800 53,900 53,700 78,400 4,000 3,300 2,500 800 200 140 102,100 169,450 14,000 324,000 10,200 29,600 17,900 430 150 14,900 12,100 4,600 56,100 1,520 Register * .......* 7% preferred class A....100 7% preferred class B....100 National Dept Stores.......* 6% preferred.. .......10 Nat Distillers Products.....* Nat Enamel Ac Stamp * Nat Gypsum Co .........1 National 9,700 16% Sale Z* A* 8 Sale 112 *4 19% Sale 50 9 98*4 90 10*4 790 500 800 1,900 187,800 900 7,800 3,100 22 100 49 Sale 44 59! 9] ... 954 Sale 69U 189 106*4 Sale 109 Sale Sale Sale 84 Sale 35 1054 2734 112*4 Sale 26*4 ii* 50 12"" Sale" * 34*4 4% conv preferred... 100 Pictures........1 Paramount preferred...........100 preferred.... 10 1 1 r Peoria At Eastern... 100 Pere 100 * 125 Philadelphia Co pref 4%. .50 * preferred ...... tPhtla Rapid Transit Co.. !Iso .50 7% preferred.... ... PhUa Ac Reading C At I 54 For footnotes see page ... 40 2 4 17* Nov. 23 Nov. 22 Nov. 10 1 102 Nov. 1 Nov. 9 84 10*4 Nov. 28 14 99*4 Nov. 4 101 32 Nov. 17 32*4 5 354 Nov. 14 9 40 32 Nov. Nov. 22 Nov. 23 Nov. 23 Nov. 22 9*4 Nov. 28 26*4 Nov. 28 Nov. 28 Sale 60 Nov. 9 Nov. 14 Nov. 16 Nov. 25 Nov. 9 9 Nov. 9 Nov. 16 Nov. Nov. 16 2 2254 Nov. 12 Nov. 28 76*4 Nov. 9 8*4 Nov. 10 49 454 Sale Sale Sale Sale Sale 8 14 Sale 105 147 "37" Sale 1254 * Sale 8*4 Sale Sale 100 Sale Sale Sale Sale 25 23 41H 205 28 Sale Sale Sale 2*4 4154 Sale 19*4 134 Sale 254 2 Sale Sale 14 11*4 55*4 7934 Sale J** Sale 26 Sale 15 Sale Sale Sale 27 Sale" 16 % 45 7954 Sale 154 154 4*4 Sale 23 Sale „ 1?* 21 26*4 Sale 29 L13 112*4 37 Sale 1154 56*4 2*4 2 454 Sal? Sale 1754 36 3*4 12*4 33 28 Sale 454 14 Sale Sale Sale 1654 Sale 934 Sale 754 Sale Sale 42 Sale 40*4 45 65 71 154 Sale 334 Sale *4 Sale 4 18 6*4 1254 2734 40*4 12*4 11034 Sale 3954 42 71*4 75 154 234 354 454 54 Sale 434 Nov. 22 Nov. 10 Nov. 28 Nov. Nov. Nov. Nov. Nov. Nov. 19 29 28 28 28 4 1 Nov. Nov. 18 11*4 Nov. 26 454 Nov. 28 Nov. 22 7 54 _ Sale Sale 9954 102 1154 Sale 96*4 Sale 58 6*4 Nov. 25 24 25 Sale 1*1 68 148*4 147 Sale Sale 954 Sale 25 12% Sale 112 Pfelffer Brewing Go...... Phelps Dodge 26 Nov. 16 21*4 Nov. Sale 14 "5 Petroleum Corp Nov. 49 434 19*4 32*4 preferred 188* 1 Sale 21*4 Sale 8 Preferred.............. 100 Pet Milk Nov. Sale Sale 49 100 ....... Nov. 83 Sale 40 354 15*4 38 ~ Prior Sale 23 7*4 Marquette Sale Sale 20*4 1 1034 Sale 32*4 Sale 1954 17*4 Nov. 7 122*4 106*4 Nov. 10 108*4 10 Sale 8*4 Nov. 23 Sale 24*4 Nov. 28 29*4 1 147 Sale 140 Nov. Sale 11*4 Nov. 2 15*4 Sale 1 Nov. 29 100*4 Nov. 3554 Sale 140 3 Nov. 18 9 Sale Sale 1754 3 Nov. 21 Nov. Sale 36 Nov. 22 4 55 14 Sale 30 Nov. 10 x20*4 Nov. 28 Sale Sale 1Ui 1 Nov. 15 9 Sale Sale Nov. Nov. 84 12*4 9934 18 23 Nov. 14 Sale Sale *4 63*4 154 554 Nov. 30 1 108 106*4 Nov. Sale Sale 1454 100*4 Nov. 14 3 165 .56*4 ir Nov. 10 54 Nov. Sale Sale Nov. 16 Nov. 10 Nov. 67 183 4*4 14 Sale 4 * Sale Nov. 10 1UH 133*4 140 .....5 Panhandle Prod Ac Ref._ ...1 28,200 » 198,600 Penney (J C) Co Penn Coal At Coke 10 22,100 Penn-Dlxle Cement • 134,500 57 conv pref series A..... 21,400 Penn Glass Sand Corp v t c__* 22,800 ..50 1,160,800 Pennsylvania RR Co 10,100 People's Drug Stores Ino ...» 6*4% conv preferred....100 280 113,200 People's Gas L At Coke...100 16,250 11,630 3,800 137,600 88,900 1,178,100 15,600 3,400 2,980 6,840 80,000 74 Sale Packard Motor Car. V Sale 41*4 Sale 1554 Sale . 19,300 Sale 54 Nov. Nov. Nov. Nov. Nov. Nov. 1*4 354 *4 1134 Sale Sale _......* 84,000 Parke, Davis Ac Co Parker Rust Proof Co 2.50 58,000 Parmelee Transport Co.....* 45,400 Pathe Film Corp ...* 712,500 Patlno Mines Ac Ent Cons 200,000 Penlck At Ford * 4,900 61 Sale * Park Utah Cons Mines.. 122 123 Sale 29 Pan Amer Pet Ac Trans 2d Sale Sale Sale 634 Sale 11H 1154 Te!egr..l00 Park At Tllford Nov. 10 1434 * .... 2554 Nov. 28 3454 Nov. 15 3*4 Nov. 2 8 Nov. 21 115 Nov. 4 8 116 110 Sale 6% preferred........—100 Pacific Tin Corp (sp stk)...* Pacific Western OH... 10 1st 45 114 4 Sale 9 41,800 247,200 18,700 344,100 f Sale 127 13 Parafflne Co Inc Nov. 10 Sale 9 45 890 Nov. 28 "60*4 "63" 105 5 Outlet Co -* Preferred 100 Owens-Illlnols Glass Co. 12.50 Pacific Amer Fisheries Inc 5 Pacific Mills Nov. 12 15 Sale 6 .* 2,057,400 120 9934 123 94 554 .* _* 12 220 22 55.50 conv 1st pref.......* Pacific Teleph At 854 113 1% Sale 16 Outboard Marine Ac Mfg ... 4*4 934 4 100 Otis Steel Sale 30 Sale Sale ... m 41*4 Nov. 29 17*4 Nov. 28 28*4 Sale 3654 Sale 4 3*4 Sale Sale 29 ...10 143,400 4,000 14,100 1,600 19,100 5,400 4,900 4,000 216,600 20,300 3,000 20,900 1,700 7,800 1,300 2,400 172,800 1,700 93 Sale Sale 72,000 6,560 3,810 7,200 50,600 1,667,200 5,000 123,400 30,600 350 99 12 77,200 Pacific Lighting Corp.. 480 Sale Sale 2434 9% Elevator Nov. 15 Sale 1 8*4 Sale 51% Sale % Sale 19234 Sale 104 10834 50 6% preferred........... W Sale 9 2 Nov. J Nov. 23 71 Apr, 5 Mar. 31 40 99*4 Apr. 26 10854 19*4 9*4 Mar. 31 154 1 Nov. 2 20 Mar. 26 48*4 10 Mar. 29 2154 22*4 7 Mar. 25 1254 Mar. 31 38*4 18 Mar. 30 3754 4! 4 2 Mar. 25 5*4 Mar. 26 Hi 4 101 Mar. 30 120 110 Aug. 9 4 *4 Mar. 26 54 June 1 63: 4 254 1 *4 June 10 7*4 254 Mar. 30 1*4 *4 Jan. 5 1554 454 Mar. 29 74 38 Mar. 31 1*4 54 June 16 133 June 3 198 100 Mar. 29 108 26*4 1354 Mar. 31 4554 Apr. 1 56*4 554 Mar. 30 17 87*4 May 3 102 75 June 21 9354 14*4 654 Mar. 31 92*4 Sept. 16 101 35 25 May 12 5 154 Mar. 30 1254 Mar. 30 41 68 28 1 Nov. Sale 154 5*4 100 Preferred A m itti Nov. 16 Sale 42 Sale 59 ..* 2d preferred ..* 10,310 Pacific Finance Corp (Cal).lO 15,170 ...25 233,800 Pacific Gas Ac Elec 27,500 5,300 3,500 Sale Sale 44 Nov. 10754 Nov. 16 15 Nov. 28 Sale (The) • Equipment....* Omnibus Corp v t e (The) .* 9,890 Pacific Coast First preferred 7,300 880 760 100 Ohio Oil Co 71,600 1,080 13,300 ...100 Corp....* Sale Sale Sale Oliver Farm 110 800 21 34 20 N. Y. Chicago At St Louis. 100 180 1,400 Sale 34 8*1 Nov. 16 Nov. 16 Nov. 18 70 38 1 • Oppenhelm Collins Ac Co. Sale Sale * 300,600 106,800 4,300 12,200 7,000 125,500 1,100 Sale Rights ... 11% Sale 100 1 Nov. 22 11 2354 Nov. 29 ?§54 77 100 29 3*4 Nov. 26 3*4 12 New York Air Brake.... Northern Pacific. 169 170 165 Sale New York Central 6% pref series A 13*4 2554 136*4 13954 139 2254 2354 Sale Sale Sale 8 754 Sale 71*4 77*4 Sale Sale Sale 18 16*4 23 23*4 23*4 Sale 64 Sale 6754 Sale (J J) N Y City Omnibus New York Dock 18*4 Sale Sale * 5% preferred series A Newport Industries Inc Otis 26*4 Sale ......25 4*4% cons serial pref Newberry Co 26 Sale 176 ..._..* Steel 14 12*4 Jan. 10 29 Nov. 3 Mar. 30 14*4 Nov. 10 14*4 Nov. 25 6 Mar. 25 Nov. 10 15*4 Mar. 31 28 150 Jan. 17 168*4 Oct. 21 Nov. 12 19 10*4 May 27 Nov. 19 94* 65 Mar. 31 Oct. 21 25* 20 Sept. 28 12*4 Mar. 31 305 July 29 July 27 ll*4ISept. 26 Nov. 15 106*4 Mar. 30 Oct. 18 105*4 Mar. 30 113* Oct. 22 10 3*4 Mar. 29 654 July 9 3*4 Mar. 30 30 Nov. 14 17*4 Mar. 31 11*4 Apr. 1 20*4 July 26 1654 Oct. 22 5 Mar. 30 July 7 17*4 Mar. 29 31 154 June 3 178*4 Oct. 14 127 June 1 145*4 Sept. 22 13*4 Mar. 29 2854 Nov. 9 954 Oct. 17 5 Mar. 29 4454 Mar. 31 8154 Nov. 12 23 Feb. 25 12*4 Sept. 24 July 7 21 Jan. 4 30 82 July 25 63 Mar. 31 75 Feb. 23 70 Feb. 1 4*4 Jan. |14 Nov. 10 2*4 May 24 2 Nov. 4 754 Mar. 31 1254 Aug. July 20 Nov. 9 1454 June 17 26 654 Mar. 30 7*4 Mar. 22 1034 Nov. 9 Nov. 3 1434 Nov. 10 14*4 Nov. 25 Nov. 10 Nov. 29 28 Nov. 1 Nov. 15 168 Nov. 12 Nov. 28 19 Nov. 2 94*4 Nov. 19 Nov. 28 2454 Nov. 10 Nov. 29 27*4 Nov. 9 Nov. 30 1454 Nov. 12 Nov. 29 115*4 Nov. 15 Nov. 25 113*4 Nov. 10 Nov. 28 1054 Nov. 9 6*4 Nov. 1 Nov. 26 Nov. 14 Nov. 28 30 Nov. 15 Nov. 28 20 Nov. 28 16*4 Nov. 9 Nov. 10 Nov. 28 29 Nov. 3 Nov. 21 173 Nov. 3 Nov. 22 142 Nov. 23 2854 Nov. 9 954 Nov. 10 Nov. 28 Nov. 4 8154 Nov. 12 Nov. 1 20*4 Nov. 14 Nov. 30 26*4 Nov. 14 Nov. 1 71*4 Nov. 15 8*4 Nov. 28 Nov. 1 1254 Nov. 21 12 Nov. 1 19*4 18*4 Sale ....100 .100 Nat Power Ac Light Highest Sale Prices 22 Sale 29 19 Sale National Lead............10 29,500 350 750 Sale ... 3,000 200 3,400 42,000 400 16 Nat Cash 813,400 469,000 400,000 2,230 53,800 293,700 3,120 439,900 13,700 20,100 36,900 43,900 200 1,800 1,530 Sale Ask Sale 2454 169*4 166 17 18 18*4 16*4 90*4 96*4 90*4 92 Sale 23*4 24*4 23*4 Sale Sale 24 2354 Sale 12*4 Sale 1254 115 112*4 112*4 115 115 110 113*4 112*4 Sale 854 854 8*4 Sale 534 5*4 Sale Nat Dairy Prod Corp Nat Mall At St Cast's Co Lowest Sale Prices 167 78 7% preferred A... 6% preferred B Highest Sale Prices 25 Sale 14*1 North States Pow Co $5 pf__l 2,260 Northwestern Telegraph..50 92,600 Norwalk Tire At Rubber..._* Preferred 50 3,030 108,700 8,900 1354 Sale 5% pref series A w w 100 Nat Bond Ac Share Corp....* 1,160,100 5,500 490 . Sale Sale 155% 160 610 Northern Central. 29,300 40 Sale 7% preferred.. 100 Nat Bond Ac Investment Co.* 100 27,700 Norfolk Ac Western Preferred 100 6,990 North American.. ...* 1,866,100 6% preferred 50 34,000 1,524,500 North American Aviation...1 10,700 North Amer Edison $4 pref..* 130 ri 13*4 Sale 10 112,600 tN Y N H Ac Hartford 100 Convertible preferred.. 100 144,300 31,500 tN Y Ontario Ac Western.100 335,100 N Y Shipbuilding pt stock.. 1 7% preferred 4,730 .......100 .100 65,300 tNorfolk Southern 50 110,300 2,600 Sale Sale Corp.....5 National Biscuit..... 5% preferred ...100 50 2,040 New York ft Harlem.. 20 10% preferred 50 _.. .* 72,700 tN Y Investors Inc 570 N Y Lack Ac West Ry Co..100 "2,400 710 National Aviation 21,920 20 168,900 5,600 329,200 2,100 24 Sale 1454 100 1 National Acma 2,200 7,800 2,310 901,500 169,450 63,100 3,764,500 162,300 292,400 169,400 12,190 1,070 35,600 1,900 Sale Sale Sale 5 Naih-KelTinator Corp Nash Chatt Ac St Loula Lowest Sale Prices Nov. 30 Ask Bid Sale 9*4 Ask 10 622,400 Nat Supply Co of Pa $2 preferred.............40 71,650 5*4% prior preferred 100 27,500 900 6% prior preferred.....100 * 62,600 National Tea Co..' ....._...* 98,600 Natomas Co —1 18,100 Nelsner Bros Inc... "9",900 200 Nov. 1 1938 Par 1,090,800 13,580 174,200 268,900 736,700 10,200 32,900 3,400 8,900 356,700 547,250 2,810 4,340 124,400 23,700 475,500 7,800 1,175,700 639,700 4,700 4,250 84,300 665,800 340,300 SINCE JAN. 1 Price N. Y. STOCK EXCHAN QE In November RANGE NOVEMBER IN PRICES STOCKS 37 EXCHANGE—STOCKS Nov. 22 8*4 19*4 7*4 83*4 Apr. Nov. 29 61*4 Nov. 15 10 56 Nov. 12 78*4 Nov. 29 1*4 Nov. 28 4*4 Nov. 18 22 Nov. 28 10 9 9 26 1 1 10 9 1 14 Nov. 17 83*4 Nov. 9 Nov. 2 2 5*4 Nov. 10 28 13*4 Nov. 28 1534 1954 Nov. 28 24*4 1 30*4 27 Nov. 115 Nov. 19 115*4 35*4 Nov. 30 39*4 Nov. 10 Nov. Nov. Nov. Nov. Nov. 29 28 Nov. 23 1654 9*4 7*4 40*4 Nov. 30 Nov. 7 Nov. 29 Nov. 28 4*4 Nov. 9 17*4 Nov. 9 40*4 Nov. 10 35 Nov. 9 1754 Nov. 15 10 Nov. 25 8*4 Nov. 12 47*4 Nov. 9 39 Nov. 18 43 Nov. 7054 Nov. 28 1 1*4 Nov. 3*4 Nov. 7 54 Nov. 4 74 Nov. 10 3 Nov. 23 354 Nov. 17 13*4 Nov. 28 9 554 Nov. 23 *4 Nov. 1 10 15 10 7 15 1 11 13 9 Oct. 17 Nov. 23 Nov. 22 Nov. 10 Nov. Jan. 13 July 25 Nov. 22 Sept. 2 Nov. 23 Sept. 8 Jan. Feb. 10 23 Nov. 16 Sept. Nov. 10 29*4 Nov. 14 147 31 1 Nov. 8 9 9 9 15*4 Nov. 16 60 Nov. 16 30 22*4 Aug. 25 28 52*4 Oct. 11 Apr. 19 19 115 3 76*4 Nov. 9 11*4 Jan. 17 2*4 Mar. 26 10*4 Mar. 25 554 Jan. 11 29 21*4 Nov. 22 9*4 July 19 15*4 July 23 26 30 30 Nov.' 31 43 Oct. 30 18 18 30 Mar. 26 101 13*4 654 Mar. 31 16 Mar. 29 30 65 1*4 Mar. 30 31*4 Mar. 31 13 Mar. 31 1*4 Mar. 29 3*4 Mar. 30 854 Mar. 31 41 Mar. 30 55 Mar. 31 1 *4 Nov. 28 2*4 Mar. 30 10*4 Mar. 30 Mar. 30 110 Nov. 3 June 27 10 15*4 Jan July 27 9*4 Feb. 25 Aug. 3 61*4 Nov. 15 30 17 1 Mar. 31 .8854 June 21 100*4 554 Mar. 31 13*4 29 4 25 19*4 July 19 116*4 Aug. 17 30 149 10 31 Jan. Jan. 25 14*4 Mar. 31 19*4 Mar. 28 12 9 Nov. 27 28 10 Nov. 14 Jan. Nov. Jan. July Jan. Nov. 14*4 32*4 1954 1 111*4 12 23 14 Nov. Mar. 30 6 354 Mar. Nov. 14 9*4 Mar. 4 i2254 Mar. Nov. Nov. 12 32*4 Mar. 9*4 Mar. 16*4 Nov. 9 87 116 Nov. 25 Apr. 3 il32*4Mar. 149 Nov. 25 Nov. 16 18*4 June 10 Mar. 13 Nov. 14 3 *4 Mar. 554 Nov. 9 6*4 Oct. 7*4 Nov. 16 1 1 Sept. 1*4 Nov. 9954 Nov. 934 Nov. 28 12*4 Nov. 90*4 Nov. 22 100*4 Nov. 1054 Nov. 28 12*4 Nov. 23 Nov. 22 2854 Nov. 234 Nov. 2*4 Nov. 22 Nov. 4054 Nov. 28 42 Nov. 17 34 Nov. 29 Nov. 134 Nov. 26 Nov. 1054 Nov. 26 Nov. 18 1054 Nov. Jan. July 23 Nov. 15 Nov. 12 Nov. 10 Jan. 10 Jan. 12 July 23 Jan. 11 Mar. 1 Apr. 25 Apr. 28 Sept. 14 May 31 Mar. 30 4 Mar. 1354 Mar. 22 Jan. 654 Mar. 30*4 Apr. 10 Mar. 39*4 Apr. 15 Apr. 40 Mar. Nov. 22 99*4 Nov. 10 Nov. 16 354 4254 21*4 254 Oct. Oct. 24 July 20 July 29 Oct. 17 Oct. 10 Oct. 24 Oct. 21 1454 Nov. 13*4 July 5854 Aug. 85*4 July 2*4 Jan. 554 July 30 July 15*4 Nov. 24*4 Jan. 31 5 July 19 Feb. 1 23 25 25 10 25 25 12 15 4 Mar. 29 115*4 Nov. 23 Oct. 15 42 22*4 Mar. 26 154 Mar. 26 5*4 Mar. 26 1754 Mar. 26 15 Mar. 23 8*4 Mar. 29 754 Mar. 30 454 Jan. 3 1754 Mar. 31 30 Mar. 28 60 Apr. 12 1*4 Apr. 25 2*4 Mar. 26 *4 Mar. 26 6*4 July 22 1754 July 25 July 25 43 38*4 Jan. 15 Nov. 15 Jan. 11 Oct. 28 Nov. 9 43 Nov. 9 74 Nov. 10 3 Nov. 23 554 Nov. 23 1 Mar. 7 1754 13*4 8*4 47*4 38 N. T. STOCK AGGREGATE In STOCKS Since Jan. 1 Shares Shares 26,800 > 4,100 300 - . 120 <\ 380 560 8,800 v 640 9,800 1,730 1,250 •X . 470 > 3,400 630 ; ■ 4,980 'm 8oo 15,300 * ; 600 28,100 2,800 1,900 13,900 69,600 3,600 . ' • • 1 ■ , ; 2,900 - 18,000 1,800 34,400 *'4,000 1,700 , ; ' . ' 256,700 68,900 14,240 9,460 4,350 8,800 2,060 31,080 5,900 191,200 5,300 165,009 23,500 16,000 114,200 479,700 40,700 36,500 205,100 11,200 539,500 1,235,700 12,900 59,300 324,700 11,500 3,281,200 1,100 166,000 852,800 22,800 150,500 53,900 80,800 75,400 1,600 9,300 '39,000 600 240,700 10,200 37,700 2,400 11.500 • 3,100 • 13,600 800 1,600 1 400 1,900 500 32,200 1,200 36,300 3,900 3,700 15,400 500 15,900 22,200 236,300 10,200 1,480 110 160 Radio Corp of H. 117)4 33)4 113 A 128 146 Sale 83,900 4,000 174,800 368,200 3,170 800 15,000 26,700 30 200 165,200 1,300 2,900 5,000 130 Sale 16 4 Sale 99 Sale * 25 ....... 3,800 96,600 2,100 147,300 19,800 4,900 60,600 170 720 1,060 17,000 8,400 21,7)0 1,990 8,890 35,590 2,700 4,700 25,000 800 54r 540 3,730 60,000 33,000 59,500 9,30f 5,00f 12,400 151,300 see 7 18 28 13)4 28 Nov 29 54)4 Nov 30 31 Nov 14 Nov Nov Nov Nov Nov 28 7)4 Nov 14 Nov Sale 2 Sale 22)4 28 Nov 29 16 23)4 ik 4)4 45 8)4 18 19 61)4 Nov 2% Nov 19)4 Nov 22)4 Nov 15)4 Nov 24)4 x22% Nov 19)4 19)4 Nov 5)4 4)4 Nov Sale 16 21)4 16 28 51 29 29 29 17 2 28 Nov 10 8)4 Nov 29 48 11 76 Sale 9)4 Nov. 10)4 Nov. 13 18 Sale 72 Nov 21 70 68 Nov 1 2% Nov Nov Nov 1 Nov 1 Sale 15 Nov 10 30 33 33 Nov 7% preferred .....100 5H% preferred—...--.100 78 80 80 Nov 47 55 Sale 54)4 Nov 12)4 Nov 28 15)4 13)4 80)4 9)4 ... 5H% conv. pref... 100 eynolds Spring Co—.....1 ,eynolds(KJ)Tob (I B.....10 Common ...... S3* ....10 Joseph Lead 56 )4 100 1)4 2)4 3)4 Sale 6% preferred 5% preferred.. .100 ..100 Sale 27)4 Sale 6% preferred...........100 Sale 7% preferred 103 .......100 16 Sale 98)4 107. 15)4 Sale 20)4 Sale 77 9 50 Sale Sale * Sale 4-2% preferred......... 100 ■■hoard Oil (Vt of Dal * A..1 35 cony preferred harp & Dohme ,..* * Conv pref series A hattuck * 'Frank Gi Convertible preferred.. 100 % Sale 2% 2% Sale 3% 3% 54)4 Sale 20)| 13 16 Sale 17 57)4 4% 44 M 7% 23 % 16)4 Sale Sale Sale 25 Sale 97 Sale 60K 0% Sale Sale Imma Petroleum .. ...10 Imonds Saw Be Steel Co....* kelly Oil Go 25 18 % 3 16 % 28 ...100 87 loss-Sheffield Steel Ac lr.100 75 6% preferred 36 preferred mlth (A ........* Sale Sale Sale 90*4 Sale Sale 2)4 Sale 22 A Sale 3)4 Sale 75 Sale 16)4 Sale 2 1)4 22)4 Sale 3)4 Sale 73)4 Sale 15)4 Sale Sale Sale m 67 Sale m 15 Sale 27)4 Sale 102)4 105 '8 32)4 2)4 21)4 25)4 96)4 Sale 114 97 100 18 % Sale 104 Sale Sale 3 Sale Sale .100 ...1 8% preferred.. page 40. 100 17 Sale 12)4 13)4 Sale 2)4 Sale 22 128 Sale 131 Sale 114 2)4 21)4 136 Sale 28 Sale Sale Sale Sale 3)4 Sale Sale Sale 139 19)4 16)4 13)4 13)4 104 Sale 17)4 Sale 2 2 2 15 W Nov. 12 Nov. 2 Nov. 15 6 7 Nov 2 10 Nov 18 12 15)4 Nov 28)4 Nov 28 Nov. 9 32% Nov. 12 9 1)4 Nov. 49)4 Nov. 9 28 9)4 Nov. 30 Nov. 4 18 Nov 30 Nov 29 Nov 7 )4 Nov. Nov 18 2)4 Nov 18 2)4 Nov 3% Nov. Nov Nov 14 > Nov 18)4 74)4 )4 6% 48)4 Nov Nov Nov Nov Nov % Nov 1)4 Nov 20)4 Nov 3 Nov 72 Nov 15)4 Nov 17)4 Nov 67 Nov 5)4 Nov Nov 43 10)4 Nov 27 Nov 14 Nov 102)4 Nov 6)4 Nov 38% 112 132 8 134 Mar. 29 150 112 Jan. 74)4 U7w 9 4% 1 3 82)4 Nov. 19 Nov. 14 Nov. 18 16)4 Nov. 9 22)4 Nov. 16 99 108 ■ 9 Nov Sent. 21 39% 13% 98*4 88% 15% 16% Nov. July Jan. July Nov. Jan. Oct. 9)1 22 Jan. 13 15 25 19 26 11 Jan. 10 11% July 13% July 17% July 20 13 25 76 Nov. 15 Nov. 27 69 3% Oct. 24 25% Nov. 12 78% Nov. 16 77% Nov. 14 19% Oct. 15 38 Nov. 85 Jan. 04% Jan. 17% .Tan. 33 Mar. Mar. Oct. 13 Jan. 10 Oct. 22 2)4 49% 1% 3% % Nov. 1 % Mar. July 20 July 20 Mar. Jan. 26 May July 12 29% Nov. 25 Mar. Mar. 68 Nov. 19 U* Mar. 79 Mar. Nov. 14 108 19 June % Sept. 3 Nov. 18 Jan. Vlar. 6 29 154 Mar. 29 June \V* Mar. 30 Mar. 26 45* Mar. 31 Mar. 30 36 Aug. 11 0% Mar. 12 20% Apr. 2 93 Nov. Nov. Nov. 1 9 4% 12% 2% 14% 10 Nov. 12 98 Nov. 9 Nov. 23 12)4 Nov 14% Nov. 10 113)4 Nov 114)4 Nov. 29 2)4 Nov 18)4 Nov 21% Nov. 14 Nov. 1 Nov. 12 T 45 91 13 1 Mar .20 Mar. 30 Mar. 31 Mar. 30 Apr. 5 Mar. 30 Mar. 31 111 1H 16)4 128 Feb. 4 6 23 Jan. July 3 22 27)4 Feb. 25 Jan. 80 % 18 23 70% 9% 49% 12% 28% 18% 100% 9% 35% 3% 14 Oct. 13 July 19 Nov. 12 Nov. 18 Nov. f2 Nov. 12 Nov. 16 Oct. 14 July Oct. 20 7 •Tan. 11 Nov. 9 Jan. 17 Nov. 12 P Jan. Mar. 31 98 Mar. 28 122 10 Nov. 10 Oct. 13 May 2 105 Oct. Apr. 24 8 Mar. 31 8)4 Mar. 29 10% Mar. 31 10 V4 16 Mar. 31 Nov. Jan. 1% Nov. 25 10% Nov. 25 6 150)4 Oct. Mar. Nov. 16 Nov. 10 Nov. 12 Nov. 10 115)4 Nov. 12 Nov. 105 7 Nov. 23 9 7 94 1 Sept. 25% May 3 7 9 21 21 13 5 1 Nov. 12 21 25 11 21 11 18 30)4 Jan. 27% Jan. 6)| July 58 July 34% Mar. Nov. 12 Nov. 12 18 19 10 14 Oct. 11 Nov. 25 70)4 Nov. 18 10 20 7% Apr. 14% Mar. 47 3 * 13 Oct. 25 Nov. 30 Nov. 12 Sept. 9 12% July 26 8 40% Jan. 58)4 Jan. 11 7 8% Jan. 9% Nov. 30 13% July 21 20% Jan. 19 Nov. 10 Nov. 10 41 27 Jan. 27% Jan. Sale Nov Oct: May 18 85 113)4 2)4, Sale 19 % Sale 138)4 141 10 1)4 Mar. 11% May 39% Mar. 38 May 7% Mar. 17% Mar. 65 Apr. 48% Oct. 10 Sept. 84% Apr. 4% Mar. 33% Mar. 51 % Jan. 5 Aug. 1 19 15 17 Nov. 10 8% Mar 13% Sept. 24)4 Nov. 12 19)4 Nov 16)4 Nov 12)4 Nov Jan. Nov. 10 Nov. 9 62 35)4 103 June 9% Mar. 30 49)4 May 2 40 Apr. 28 3)4 Nov. 30)4 17 13% June 21 2% Mar. 25 34% Mar. 29 5 Apr. J 5% Mar. 30 3 3 22 Nov. 3 Nov. 25 Nov. 25 21 Nov Mar. 30 June T Mar. 22 9 8 31 Mar. 31 ,1H Nov. 9)4 49)4 12)4 28)4 15)4 105 June 16 Mar. 31 Jan. 80 % Nov. 2)4 Nov. 23 18 Mar. 29 13 66)4 Oct. 5% Jan. 24 July 24% Jan. 29% Jan. 12 58 78)4 17)4 June 9 Jan. Nov. 12 12 117 May 27 May 26 Apr. 19 81 29% Nov. 25 24 Apr. 2W 2 76)4 1% 10% 50)4 5 Mar. 30 13% 39% Mar. 31 59 Nov. 14 122% 114 Mar. 25 25 35% 86)4 Mar. 31 105% 101% Apr. 23 113% 9 29)4 Nov 2)4 Nov 103 Sale Sale 114 24)4 Sale Nov. Nov. 28 Sale 21 110 47 11)4 27)4 14)4 105 6)4 31)4 2)4 1 2 Nov Sale 27 25)4 Nov 96)4 97)4 96)4 Nov 110 Nov 100)4 110 97)4 Sale 14% Sale 6H% preferred 74 Sale Nov. Nov. Nov Sale li ..10 68 Sale iii O) Corp Sale 82 55 6 94 Sale 100 8% preferred... 18 12)4 Nov. 10 102)4 Nov 75 1 9 15 90 76 Sale Sale 100 9 Nov. 17 24)4 Nov Sale Sale 5%% preferred... Nov. 38 9 25 Jan. 11 3% 1% 4% 13% 13% 6 Sale 82 28 25 28 % 1)4 3)4 Sale afeway Stores • 5% preferred...........100 Nov. 12 Nov. 16 Nov. 14 1 Nov 1 43 Sale St LouIn Southwestern Nov. 3)4 25)4 78)4 77)4 19)4 56 Sale Francisco. 100 St Louis-San 17)4 Nov. 15 76 Nov. 29 69 Nov 86 9 )4 Sale 1 44 10 3 14 Nov. 10 Nov. 10 42)4 Nov 84)4 Sale 6)4 5)4 9)4 Sale 10 8)4 17)4 16)4 29)4 Sale t Nov. 10 Nov. 16 21)4 Nov. 9 5)4 Nov. 14 Nov. 50 2 2 25% July 4% Mar. 25 4% Mar. 25 I!* 4 19 1% Mar. 26 3 % Oct. 1% Mar. 30 Sept. 28 14% June 20 May 26 12)4 Nov 15)4 Nov 19 eynolds Metals Co 83 8 9 Jan. 15)4 Nov. 37 J-2,* Sale 64 ....... Mar. 31 Mar. 28 "P 13 Nov. 5% Mar. 29 1 Nov 74 Jan. 45 00% Jan. Nov. 12 Nov. 10 Nov. 9 12 Jan. 1 10 68 1 Nov. Sale Sale preferred......100 a. A" Jan. 12 Mar. 29 Nov. 66 10)4 72 2 9 15% Nov. 10 14)4 Nov. 9 Nov. 9 10 Ks 63 Class 90)4 Nov. 83)4 Nov. 95 64 24 21% conv prior pref ser evere Nov. 12 Nov. 12 Sale 22 72 cony 118)4 Nov. 30 2 134 2 150 A 100 Copper Ac Brass.... 5 6% 4% Nov. 10 Nov. 1 28 Sale 11 Sale 1 1 80)4 Nov 12)4 Nov Sale 4% 16 105)4 9 Nov. 1 Aug. 5 July 29 Jan. 6 9 8 9 Nov. II* ^5* # 30 5 15 Nov. 1 Nov. 10 Nov. Nov. 21 % Nov. 10 13)4 Nov. 10 29 Sale 39 % Nov Nov 26 ' For footnotes Nov. 29 2 1,641,100. 300 XHt' 9,500 30,800 285,500 7,600 75,700 30 3,480. *4 Nov 1)4 Nov 9 2H Sale 23)4 Sale 75)4 Sale 10,900 936,500 454,400 96,800 8,400 220,100 20,600 153,000 1,380 250,900 25,000 145,700 467,500 43,500 19,000 180,100 6,400 19,810 4 86 21 11% 12% Sale 146,700 42,700 233,000 12,100 990 79,400 38,100 17,600 590 101,900 6,000 16,990 120 Nov. Sale Sale 60 28 Sale 17 10 X ..25 Nov 28 115% Nov. 7 28 39)4 Nov. 9 28 11)4 Nov. 12 >1* 21% 9 Pref with warrants 9 2 75 May 6 Nov. 15 Nov 31% Nov 9% Nov 19 30 10 15)4 Nov. Sale Sale 3% mo 32,870 ' v 135 148 Sale 20 % First preferred..........50 Second preferred.... 50 Preferred. 23* x'60% 102)4 113)4 130 145)4 Sale Sale 19% 23 32 preferred 17 114 Sale 19 Raybestos-Manhattan 7,200 290,200 48,300 72,600 1,270 70 250,100 2,390 3,630 8,240 53,800 434,300 24,200 558,900 58.300 Sale Sale Sale Sale 171 17 Jan. % June 3% Nov. 23 4 Nov. 21 Nov. 10 80)4 Sale 13)4 Sale 14 13)4 Sale Sale Nov. Mar. 30 7% Mar. 29 7 20)4 Apr, 8 11% Apr. 42)4 Nov. 16 9 30 33)4 10)4 Sale 71 46 % 34 ' Sale 41 17 7)4 Jan. 9% Nov. 14 June 21 174 Mar. 14 145 9% July 25 4% May 26 9 Nov 86 Sale Sale Sale Sale Nov. 10)4 Nov 31)4 103)4 118)4 131% 146 Sale 91,600 500 55)4 30 Oct. July 1? 3% Mar. 31 May 5 3% Mar. 30 .Nov. 16 9)4 Nov 12)4 Nov 10 11 115 Sale "7% Sale" tRadio-Keith-Orph Corp...* 21 7 35 39 Nov. 10 Nov. 30 Sale 31* Sale Sale 6 Sale 9)4 8)4 12% Sale 2)4 Sale H « i * iiS: Sale Sale 1,700 791,500 13,600 39,900 18,400 6,300 7,500 240 23* Sale Sale Sale 15 Nov 26 5 Nov Nov 28 30 Nov 19 July; 20 7 W* )4 3)4 12% )4 Sale Nov. 4 170 Nov. 25 5 9)4 Nov. 18 28 Nov. 14 21 Nov. 50 1 35 5H July 9 26 % Nov! 14 52 May 10 90 July 12 20)4 Jan. 7)4 Nov. 16 30 29 30 43 18 Mar. 29 4 9 i 45 Sale 3)4 14)4 30% Jan. 9 19 Nov. 14 4 Mar. 31 2 26)4 Nov. 14 Nov Nov Nov 10 10 23 75% Mar. 29 143% Oct. June 25 144% Oct. 8)4 July 4% Mar. 30 32 Sept. 29 50)4 Mar. 44% .luly 27% Mar. 31 Nov. 14 Nov. 14 Nov. 4 8- Highest' 114 9)4 Nov. 14 75 Nov. 1 116)4 113)4 114)4 113 113% 60 28 7 167 Nov 8)4 Nov 13 Nov Sale 35 % Sale 2)4 35)4 Amet... 9 38 Sale Sale ..100 35 preferred B * 33.50 cony 1st pref.......* 22 Nov 24 Sale 11 94 Nov 42 10)4 29% Sale ...» ..... 5 22)4 Nov 7)4 Nov 67 )4 Nov 25)4 105)4 Sale Company.. Nov 6 25 9 7)4 67)4 Sale 13)4 Sale Sale 12 112 40 39 JA % ,24 .........100 A Nov 24 Sale 8 13)4 2% 100 Quaker State Oil Rfg Corp. 400 7,800 ■ ■* common * 4 39 26 40 i 57 Nov Nov Highest' Sale Prices 42)4 Nov. 12 3 Sale 23)4 37)4 ....50 Pure OH 1 Lowest 24 170 166 8)4 Sale 8)4 Sale 14*4 Sale 10s 6% preferred 5% cony preferred Purity Bakeries , 22 A* Sale 463,700 2,597,400 499,600 * 2d pref... 38)4 Nov 25 45 115 5)4 6)4 24)4 50 5 7% preferred 26,700 6,900 390,000 18,100 1.410 90 • 1st pref....... 4% preferred jliman 41 91 75 .. Procter Ac Gamble........._• 9,800 11,000 21,000 2,270 4,800 3,800 390 5% Sale 47 49% tPostal Telert Ac Cable pref 100 Pressed Steel Car common.. 1 cony 40 115 24 34 % Porto Rlcan Am Tob cl A...* Class • cony 24)4 39 "~5% "0% 26 Highest 34 7 35)4 7)4 Sale 8 25 91 Plttston Co (The) • Plymouth OH 8 Pond Creek Pocahontas Co.* Poor & Co class B _..* 5% 5% / Sale 3)4 38 3 50 7% 24)4 0% Sale Sale 36 46 20 % Bolt.. 8% preferred .100 Public Service El Ac Gas— 4,000 35 preferred-.............* 400 . ik 35 38 40)4 3 .100 .. 14,000 6,100 4,980 800 110,800 ' Pittsburgh Screw Sale 39)4 3 28 Lowest Ask Sale Prices Sale Prices Ask Bid 86 Nov. 28 142 Nov. 12 88)4 Sale 134% Sale 135 135 131 Nov 136)4 131 141)4 Nov. 10 5 6)4 6)4 Nov 7)4 Nov. 9 42 38 38 Nov 38 40 Nov. 21 J* 68 Pittsburgh Steel Co * 7% pref class B * lie 5% preferred class A....100 S%% 1st ser cony pr pf.100 Pittsburgh Terminal Coal-.l 4% preferred. v; 140 Plttsb Ac West Virginia.. 100 Preterred 8% 291,400 Pub Ser Corp of N J 27,200 35 preferred 710 • 7% guaranteed pref RANGE SINCE JAN. Bid Sale 2% Pitts Ft Wayne & Chicago— 210 36,600 . s 20,400 Pitts Coke & Iron Corp * 1,855 $5 conv preferred. ___._„* 240 Sale , 51 38 ..... 20 Pitts C C & St L RR Co... 100 24,400 Pittsburgh Coal (of Pa)...100 14,900 6% preferred ...100 5,600 2,700 .vr 82 Preferred 1,070 100 37,200 Pierce Oil 8% cony pref 1(M) 32,100 Pilsbury Flour Mills ifr 1,880 Pirelli Co of Italy Am shs 140 Ask ~~5% "8" ..—100 2,300 Phoenix Hosiery........ 2,600 • Preferred 757,900 Phillips Petroleum 2,500 :• Bid Nov. 30 Nov. 1 1938 Par ; IN NOVEMBER Jan. 3 349,200 Philip Morris Ar Co id 21,300 5% conr pref series A..100 4,400 Phillips Jones Corp 500 PRICES Price N. T. STOCK EXCHANGE ... ? 56,900 * :v SALES November EXCHANGE—STOCKS 13 Aug. 8 19% Aug. 26 15 Nov. 23 10% Jan. Apr. 14 114% Mar 29 3)4 May 24 28 Jan, 4 141 10 Nov. 29 Jan. 13 Jan. 10 Nov. 12 aggregate sales In Since November Shares 160,900 2,192,100 1,131,400 625,150 4,300 22,200 3,370 227,900 17,100 12,000 1,473,800 59,800 4,730 1,056,600 23,470 115,100 1,046,700 16,700 221,400 153,200 79,500 100 2,300 110 12,200 600 1,300 202,800 11,100 260 78,500 2,060 9,600 115,700 3,400 23,800 14,700 24,300 2,600 13,100 10,400 19,000 7,200 162,300 64,200 5,100 70 59,400 16,200 ; 45,400 600 32,400 5,800 120 60,000 24,500 15,100 11,200 2,000 1,700 200 47,500 256,200 • 20 5,800 1,600 184,300 27,000 35,900 84,900 19,000 1,723,000 328,400 183,400 62.600 1,500 295,140 34,000 124,100 841,100 19,200 18,200 99,200 20 16,100 3,500 19,500 104,900 •'/. 3,400 7,400 8,500 16,500 800 900 580 11,400 27,000 130 4,600 300 17,100 6,600 20,900 100 22,300 37,800 247,100 79,400 9,400 3,100 Square D Co class B——...1 Standard Brand* $4.50 Standard Investing Corp—.* 22 Sale 12)^ 8)4 53)4 18)4 754 Standard Oil of Kansas 10 31 ...25 44 Standard Oil of N J S)—.....* StarrettCo (TheL Sterling Products Inc.. ..10 Stewart Warner Corp....—5 Stokely Bros 8c Co Inc 1 Webster.......—--* Stone 4c Studebaker Corp.. Sun ........1 * Oil, 6% preferred—-—.——100 Sunshine Mining Co—....10 Superheater Co (The).—* Superior Oil .............. 1 ......... .........10C Third Avenue Thompson (J R)——......25 • —.* Thompson Products Thompson -Starrett .....—* Preferred... —10 —* $4.50 cony pref Tlmken-Detrott Axle Co—10 (Mmken Roller Bear——...• Transamerlca Corp new.—2 Williams 4c Sale 28)4 7)4 101)4 2)4 Sale Sale Sale Sale Sale 12 Sale Sale 54 54 Sale 29)4 Sale 42 50)4 52 Sale 33)4 6954 Sale Sale 11 Sale Sale Sale Sale 51 7 " 17)4 8)4 51)4 Sale 124 11 % Sale 22 54)4 i* 6 7 46 454 7)4 4254 454 30)4 10)4 854 S%/i Sale Sale 354 Sale 27 Sale 754 8)4 18)4 Sale Sale Sale 19 Sale 55 63 Sale 53 Sale Sale Sale Sale Sale Sale Sale 20 24 23)4 5654 Sale 4 56 2454 60)4 5)4 .5 45 63 ..10 Truacon Steel Co_ $1.50 preferred —• Twin City Rapid Transit—.* ..........100 Preferred 1 Twin Coach Co Preferred —100 —... * United Carbon Unlted-Carr Fastener Corp.* 50 United 5 Foundry.....5 * United Fruit United Gas Inapt Co...—...* Preferred * Co.....10 see pasre 40. 19X 30 3)4 10)4 14 18)4 Sale 28 Sale 854 6)4 7)4 47 Sale 91 17)4 5254 9)4 954 954 4)4 Sale Sale Sale Sale Sale Sale 90 Sale Sale Sale 11 Sale 354 81)4 554 Sale 7 Sale 88 Sale - 454 Sale 654 19 *2 26)4 4)4 35)4 7)4 1)4 9X Sale Sale Sale 38)4 Sale 2 50 Sale 10 Sale Sale 72 1854 81)4 80 X 22)4 Sale Sale 82 Sale 26 Sale 754 Sale 1654 Sale 116 113 3954 16 Sale 19 6)4 Sale 7)4 77 954 80 5)4 Sale 8)4 26 3354 454 31 11 10 Sale Sale 454 3254 Sale 554 63)4 1354 8654 19)4 Sale Sale Sale Sale Sale 94 Sale Sale Sale 80 2054 22 3854 Sale 7954 81 22)4 2254 3554 Sale 12 11)4 Sale 1654 18)4 1854 115)4 112)4 115 67 Sale 6754 20 Sale 17)4 4 Sale 3X 34)4 35)4 Sale 554 554 Sale 7)4 854 8)4 70 73 79)4 8 Sale 7)4 30)4 Sale 56 X Sale 38 Sale 35 63)4 Sale Sale 12 Sale 5754 1154 1054 Sale 106 "454 ~"5" 6 Sale 71 90 x 6 8)4 70 1)4 7X Sale 11154 754 Sale Sale 8 Sale 10 Sale 80)4 54 7)4 83 IX Sale 11)4 10 Sale 107 6)4 27 X Sale 32 171)4 8)4 32)4 Sale 36 21 166 Sale Sale 27 X Sale Sale 8 Sale 654 1254 66)4 4654 Sale Sale 73 Sale 63 75 Sale 4X Sale 22)4 46 Sale Sale 57)4 Sale 63 Sale 6 5354 100)4 65)4 68)4 7)4 7)4 10)4 80)4 54 6)4 10)4 105 Sale 85 1 Sale Sale Sale Sale Sale Sale 69)4 8 33 27)4 554 10)4 66 Sale 34)4 Sale Sale Sale 70 4454 Sale 5)4 Sale 49)4 Sale 105 Sale 65 Sale 6854 68)4 Mar. 18 Mar. 31 4)4 Mar. 30 10)4 Sept.. 14 54 Nov. 9 30)4 Nov. 10 23 28 25)| 30 Nov. 1 50)4 Nov. 14 55)4 Nov. 10 34 X Nov. 14 71)4 1154 8)4 1754 9 Nov. 16 Nov. 14 Nov. 12 Nov. 1 Nov. 9 Nov. Nov. Nov. Nov. Nov. 1 10 15 12 16 11 Nov. 5 21 Nov. 10 1154 4154 354 23)4 3154 Mar. 29 49 Mar. 29 6 May 31 5 June 11 Apr. 8 17 45 15 Mar. 29 Feb. Nov. Mar. Mar. Mar. Mar. June 454 Mar. 30 354 May 27 Nov. 12 5 34 Apr. 1 5)4 Nov. 25 7X Nov. 1 4554 Nov. 10 554 Nov. 12 3454 Nov. 9 1054 Nov. 12 9)4 Nov. 1 2454 Nov. 10 4)4 3 54 3254 254 Mar. Mar. Mar. Mar. 26 10 28 1 12 20 9 2954 Oct. 22X Mar. 30 49)4 Nov. 10 Oct. 21 Mar. Oct. Aug. Nov. July Aug. Nov. 10 21 Mar. 30 3 13 Jan. 8 128 1454 30 43)4 31 4X 26 23)4 31 32 30 15)4 13 3 14 16 26 1754 Nov. 1 9X Oct. 21 59 July 20 5)4 Mar. 29 3)4 Mar. 30 119)4 9)4 17)4 154 854 1754 654 25 7 14 25 34)4 35)4 50)4 5854 Mar. 31 Mar. 29 Nov. 10)4 8)4 9)4 49)4 Mar. 30 Mar. 30 Mar. 31 4 15 Nov. 9 Jan. 11 Oct. 17 Nov. 10 5)4 June 29 31 30 30 29 11 Jan. 8 Nov. 22 Nov. 28 Nov. Nov. Nov. Nov. Nov. Nov. 28 25 Nov. 12 15 Nov. 28 Nov. 19 58 Nov. 28 Nov. 25 46 Nov. 16 254 Nov. 30 1154 Nov. 17 1254 Nov. 1 454 1854 2)4 454 2854 3)4 1554 1354 Nov. 2 Nov. 10 Nov. 9 Nov. 5 Nov. 9 Nov. 9 Nov. 10 Nov. 9 53)4 June 23 254 Apr. 13 35 Apr. 12 254 Mar. 31 91 Nov. 94 Nov. 23 1554 48)4 654 854 9)4 354 90 Nov. 28 Nov ."28 Nov. 26 Nov. 28 Nov. 4 Nov. 25 1954 55)4 1054 10)4 1254 454 Nov. 9 Nov. 9 Nov. 9 Nov. 12 Nov. 12 Nov. 9 Nov. 1 Nov. 28 91 Nov. 9 5 Nov. 3 Nov. 25 9)4 Nov. 9 2554 Nov. 2 3354 Nov. 1 3 54 Nov. 28 X Nov. 10 15)4 Nov. 16 2854 Nov. 12 3654 Nov. 18 4)4 Nov. 12 254 Mar. 30 77 June 27 354 Mar. 28 '32 Nov. 25 5)4 Mar. 31 16)4 Mar. 29 25)4 Mar. 25 254 Mar. 29 28 33 16 Mar. 30 6 Mar. 25 13 54 Nov. 28 1 22 30 21 Nov. 18 4)4 Nov. 25 23 Nov. 4 1 .1 Nov. 29 1054 Nov. 26 3)4 Nov. 12 61 Nov. 4 1154 83)4 1854 89)4 Nov. Nov. Nov. Nov. 28 29 22 28 77 f 13 Jan. July Jan. Nov. July 34 X Nov. 71)4 Nov. 12)4 July 9 9 9 19 18 25 10 5 10 12 12 July 2 July 7 1 54 June 21 Mar. 31 Mar. 30 2454 32)4 3954 17)4 29X Nov. 10 10)4 Nov. 8)4 Nov. Nov. 15 15)4 July 70)4 July 31 , July 9)4 Jan. 107)4 Feb. 3)4 Jan. 5)4 Jan. 1154 Jan. IX June 13 2 13 Nov. 22 2054 Nov. 28 34)4 Nov. 2 11 Nov. 4 5)4 70)4 14X 9054 1954 99)4 83)4 Nov. Nov. Nov. Nov. Nov. Nov. Nov. 2 25 9 10 1 10 10 23 Nov. 7 Nov. 15 26 29 29 30 Nov. 4 Nov. 28 7 9 73 8)4 Nov. 28 38 Nov. 18 65 1254 Nov. 28 Nov. 1 114 9)4 Nov. 1 Nov. 28 8)4 Nov. 18 Nov. 28 10 Nov. 28 71 Nov. 12 71 x42 Nov. 28 26 Nov. 28 5)4 Nov. 29 49)4 6)4 56)4 2 109)4 454 Nov. 28 46X Nov. 28 98 - Nov. 63)4 Nov. 3 6754 Nov. 17 70 70 554 1854 254 5x 28)4 Mar. Mar. Mar. Mar. Mar. 30 28 28 30 29 4 19 1554 98 77)4 Apr. 29 8 1954 55)4 12 54 1054 1254 4)4 Mar. 31 31X Mar. 30 654 Nov. 27 4 Mar. 30 4 54 Apr. 1 25 10 13 19 9 25 25 25 13 9 9 12 21 12 19 91 Nov. 9 654 X 15)4 2854 Jan. Nov. Nov. Nov. July 10 10 12 19 6 Jan. 13 44 Jan. 11 38 6 16 9 27 70)4 Nov. 25 15 X Aug. 6 IX Mar. 26 41 July Nov. Jan. July Nov. July July July July Nov. Nov. Jan. Oct. Nov. July Mar. 31 754 Mar. 30 Oct- 100 Nov. 4 Nov. 16 Nov. 1 Nov. 10 57 Mar. 31 17)4 Mar. 31 5554 Mar. 31 5954 Apr. 20 20 Mar. 30 19)4 Mar. 30 5 Mar. 30 Mar. 14 114 Nov. 10 6 3 Mar. 26 Nov. 9 Nov. 4 Nov. Nov. Nov. Nov. Nov. 9 17 14 16 16 Nov. 12 1 85 62 55 19 10 10 17 17 12 18 10 25 14 8 10 Nov. 22 13 May 6 54 May 16 3)4 Mar. 26 554 Mar. 30 4)4 Apr. Aug. Nov. Nov. Oct. Oct. Jan. July Jan. July Oct. Aug. Nov. 10)4rAug. 20 854 Oct. 27 Sept. 17 9 Nov. Nov. 10 9)4 34)4 30X 7)4 13)4 3)4 8)4 1)4 554 10)4 Jan. 13 56 Mar. 24 Mar. 31 Nov. 22 Nov. 12 Nov. 9 Nov. 10 4 173 1 Mar. 31 Mar. 30 Nov. 10 Nov. 10 Nov. 10 Nov. 9 Nov. 10 54 Nov. 10 754 Nov. 10 1254 Nov. 10 Nov. 21 115 7)4 Nov. 22 33 X Nov. 28 15 1 Nov. 14 13 Nov. 13. Oct. 12)4 Aug. 6 1154 Feb. 10 26 July 22 25)4 Oct. 28 6054 Oct. 26 5)4 July 13 14 Sept. 14 20 11054 Jan. 20 118)4 73 X 39 Jan. 4 1254 Apr. 1 2054 2 Mar. 26 454 38 22 X Mar. 31 754 454 June 18 10)4 4)4 Mar. 29 60 80)4 Apr. 1 3 Mar. 26 8)4 39)4 2154 Mar. 31 50 Mar. 31 67)4 12)4 854 Mar. 30 85 101 38 654 Mar. 31 Nov. 10 July 21 Nov. 10 Nov. 10 ■Jan. 12 Nov. 26 Nov. 12 39)4 Nov. 26 1354 Nov. 12 73)4 2054 4)4 37)4 7 4954 Aug. 6 554 Nov. 12 90)4 22)4 99)4 83 X 23)4 39)4 1354 Nov. 14 54 Nov. 23 5X Nov. 29 10 9 Nov. 15 954 Nov. 29 80 1354 Nov. 20 Nov. 26 Nov. Nov. Nov. Nov. Nov. 10 4 118 Nov. 30 Nov. 5)4 Nov. 10 172 Sale 94 Nov. 1654 Sale 115 118 65 Sale 1954 19 3)4 Sale 32)4 Sale 554 Sale 7)4 Sale 73 74 X 7 Sale Sale 32)4 57)4 Sale Sale xloji 116 11154 7)4 754 7 Sale 172)4 5)4 26)4 113 Sale 30 28 2 28 28 21 29 16 44 Mar. 30 6)4 Mar. 31 48)4 May 26 12)4 Mar. 31 6)4 Mar. 31 2654 Nov. 10 Nov. 26 Nov. 28 2 4)4 Sale 6754 Sale 19 9 Nov. 10 Nov. 17 18)4 Nov. 12 11)4 Sale 92 X 78 X 1154 Nov. 22 754 Mar. 31 4 29 Sale 1 57 3 54 Nov. 26 Sale Sale Sale Sale 35)4 4)4 84)4 Nov. 1954 Mar. 26 1554 Mar. 30 29 4 Oct. Jan. 21 454 July 25 11 July 19 24 Mar. 14 4u54 Nov. 25 17)4 Nov. 9 43 Sale ./Sale 5 4 4 46 58 754 Sale 954 Sale 954 Sale 354 Sale 12 10 10 9 9 22 30 Mar. 30 Mar. 25 Mar. 26 2 22 94 26 Nov. Nov. Nov. Nov. Nov. Nov. 29 454 30)4 954 8)4 21)4 Sale 4)4 r'i28 13)4 2654 3454 354 Nov. 16 1454 66)4 30)4 754 104X 3)4 Mar. Mar. Mar. June Sept. 6 2)4 4)4 Sale Sale 13 Sale 90 44 1 15 17 25 9 25 July 7 22)4 Jan. 12 21)4 Nov. 10 3154 Nov. 9 40)4 Nov. 10 31 30 30 17 27 9)4 5)4 8)4 17)4 2X 42 1654 Sale 50 10 10 9 10 7 10 454 Nov. 17 4 9 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 8 Sale 2 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 2154 21)4 3154 40)4 3 54 39)4 354 954 23)4 4054 17)4 7 125 6)4 Nov. 30 43)4 Sale 454 Sale 3254 Sale 954 Sale 8)4 Sale 20 2154 23 24)4 5654 59 4)4 Sale 43-X 45 4)4 Sale 15 Nov. 25 Price_ 19)4 Mar.^31 46 5)4 Sale 91 88 82 10)4 39)4 Sale 8 Sale Sale 8)4 49)4 6 5 28 22 18 28 29 28 28 1 9)4 3254 3)4 1754 28)4 1054 1854 2754 Sale 35 X Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. zl23 Sale Sale Sale Sale; 25)4 254 11)4 13)4 United Merch&Mfrs.,Inc vtc 1 United Paperboard 9)4 50 5054 28X 68)4 954 654 12)4 7)4 5154 Sale Sale Sale Sale 5654 Sale 3)4 Sale 15)4 Sale 1254 Sale Sale United Electric Coal Cos United Eng 4c 56 23 Sale ..100 954 654 1354 754 26 28 1 3 29 54 Nov. 5 2654 Nov. 28 26)4 Nov. 29 Sale Sale 3X Preferred. 70 5 Nov. 28 8 50)4 Sale 3054 Sale 2854 5 Dyewood—........ 10 44)4 51)4 2954 28 1654 Nov. 28 20)4 Nov. 28 Sale Sale 13 Sale 4)4 12X Nov. 63 Nov. 27 Nov. 654 Nov. 10154 Nov. 154 Nov. 354 Nov. 54 54 27)4 Sale 27 Nov. 28 Nov. 1 14 42 Sale 254 1054 14)4 "lX ~~2" —* Preferred United Drug Inc... Sale 7 103 12 Sale .......—.* United Corp 3954 Sale 14)4 Sale 42)4 4354 13)4 Sale 65)4 Sale 2854 27)4 454 Sale 1654 1954 2)4 254 4)4 Sale 3X Rights 20th Cent Fox Film Corp—» 21 125 9)4 Sale Sale Sale 7 a Sale Sale Sale Sale 4054 Sale 3X Sale 1854 Sale 30)4 Sale 10)4 12 18% Sale 29 Sale 49 39 Sale Sale 22 ( 30 Sale 2)4 Sale 14 X Sale 17)4 21 8)4 10)4 16)4 Sale 23 X Sale 41 3)4 8)4 20 20)4 Sale 27 8)4 6)4 6)4 39 35 26 5 11 22X Nov. 29 17 Nov. 28 1654 Nov. 28 26 Nov. 28 40)4 Nov. 10 3)4 Nov. 28 39 Nov. 9 3)4 Nov. 28 8)4 Nov. 30 21X Nov. 28 3354 Nov. 1 Sale Sale Sale Sale 43)4 Sale Sale 254 Sale 354 Sale 854 Sale 18, Sale Sale Sale 121 5)4 6% preferred.....——.—* Truss Traer Coal.——.—* Sale Sale 9 7)4 9)4 454 47)4 6H * Sale 65 42 H 20 X 54 5 Corp. Trl-Continental Sale 1354 28 54 Steel Forg* Transc & West Air Inc Tran i 16 1 Standard OH Co of Ind—25 133,600 U S 4t Foreign Secur Corp ..* Preferred * 4,700 * 3,500 U S Diatrlb Corp Preferred —...100 8,140 * 63,700 U S Freight 234,400 U S Gypsum Co..........-20 7% preferred..........100 2,210 5 57,300 U S Hoffman Mach 5}i% conv pref..—.....50 4,200 169,700 U S Industrial Alcohol.....* 55,500 U S Leather...............* Class A ♦ 159,100 Prior preferred.........100 5,200 339,600 U S Pipe 4c Foundry.—....20 * 412,500 U S Realty 4c impt— ......10 4,243,700 U S Rubber 8% 1st preferred.... 100 917,200 50 97,000 U S Smelt Ref 4c Mg Preferred...............50 17,600 For footnotes 4)4 9)4 Sale 42 1)4 Sale 33)4 Sale ♦ Stand Oil of Calif * 91,700 Ulan 4c Co Underwood Elliott Fisher * 63,800 429,200 Union Bag & Paper........* Union Carbide 4c Car ......* 894,400 25 204,600 Union Oil. California 154,800 Union Pacific ...........100 4% preferred...........100 37,200 Union Tank Car......—...* 43,700 2,037,200 United Aircraft Corp.......5 United Air Lines Transport.5 1,008,500 47,200 United Biscuit of Am......* 410 •1*2,800 18)2 Sale 8)4 22; Sale Sale 41 Sale Sale Sale Sale 106 54 3)4 Sale Sale Sale 16*1 499.200 Tide Water Assoc Oil 200 : 2)4 6)4 19)4 39 cony 29 1854 18)4 2854 36)4 3 54 3554 42 354 3X 36)4 39)4 ,354 Sale 8 9)4 22 22)4 34)4 Sale Sale 2*2 30,100 239,300 180,100 388,700 341,700 56,000 352,400 7,800 55,200 84,900 10,000 658,800 40,850 39,500 9,980 2,900 38 22 54 Sale 19)4 Sale 2054 Sale 3)4 preferred A.......* Spiegel Co Inc ........2 Cony $4.50 pref__. * $3 23 X 27. 3 106 X 17,600 II,300 160,900 122,700 13,700 600 238,600 200,200 5,100 11)4 1854 22 Sperry Corp (The) » t C.....1 Splcer Mfg Co ...—.... * . 2,400 9,900 —1 Spear & Co Spencer Kellogg Ac Sons....* .... 200 7,900 21,100 * tat preferred........... it* Sparks Wlthlngton— • Spalding (A C) 4c Bros — 100 22,600 75,600 26,100 13,300 3,200 8% preferred...........100 Mobile 8c Ohio cart Iff.. 100 ..... 1,100 4,000 Sale Sale Sale 22,500 Telautograph Corp..——.4 139,300 Tennessee Corp..—.——.5 —25 1,371,700 Texas Corp (The).. 345,300 Texas Gulf Producing Co...* * 250,600 Texas Gulf Sulphur 361,100 Texas Pacific Coal 8c OH—1" -1 495,300 Tex Pac Ld Trust ctfs 100 36,900 Texas 4c Pacific * 15,700 Thatcher Mfg.. $3.60 cony preferred—..—* 1,600 The Fair Co ..._* 10,700 7% preferred— .——100 1,220 1 109,400 Thermoid Co $3 dlv cony pref 10 I.100 4,100 7,100 114,100 138,700 7,000 2,600 Sale 18 H 71,000 Swift Internet Ltd Symington-Gould Corp with stock purchase warrants. 1 216,900 Without warrants......— 1 143,800 12,000 Talcott (James) Inc.———0 860 5)4% preferred—.—.—.50 27,900 15,600 1,100 36,300 8,500 1,300 41,400 3,300 25,600 18,900 79,600 46,900 8,800 32,500 1,300 7,100 84,900 22 Southern Pacific Superior Steel . — 10" Sutherland Paper Co.—...10 8,250 Sweet* Co of Aaier (The)-.50 25 202,300 Swift 4c Co 22,200 3,700 v 25 Co...—1®" Railway...-...--* Edlaon California Sou Southern V Highest Sale Prices Sale Sale Price Sale Prices Ask Lowest Highest Lowest Nov. 30 Ask Bid Bid AsHe preferred...........* 7,500 714,200 573,500 4,700 1,274,400 23,500 85,400 251,500 53,100 1,249,000 888,100 36,700 2,870 353,600 109,000 524,600 122,600 47,000 3.200 ■ Did .. 1,700 97,200 81,100 1,100 152,600 Nov. 1 1938 Par 103,800 tStand Com'l Tobacco...—1 * 277,100 Standard Gas Ac Elec $4 preferred * 497,600 39,600 $6 prior preferred........* 262,500 $7 prior preferred......—* 24,900 1 RANGE SINCE JAN. IN NOVEMBER Price Jan. 3 Jan. 1 Shares PRICES STOCKS N. Y. STOCK EXCHAN GE 39 EXCHANGE-STOCKS N. T. STOCK Dec., 1938] u Nov. 10 Nov, 10 IX Jan.' 18 9X July 23 12 54 Nov.-10 115 Mar. 31 Nov. 0 Nov. 4 162)4 Mar. 28 173 10 X July 19 4)4 Mar. 29 24 June 20 35X Jan. 12 13)4 Mar 31 30 X Nov. 14 7)4 Oct. 11 3)4 Mar 30 13)4 Nov. 16 554 Mar. 26 50 21X Nov. 10 2)4 Nov. 9 21 Nov. 9 Nov. 21 45)4 Nov. 10 X4454 Nov. 3 x55 Mar Nov; 12 71 29 13 25 9 21 13 5 4954 Oct. 7 July 56)4 Nov. Jan. 3 109)4 Nov. Mar. 31 7254 Oct. Mar. 31 70)4 Mar. Mar. 30 Mar. 31 Mar,31 ' ' "i * ' • ) ' 40 N. Y. STOCK EXCHANGE-STOCKS AGGREGATE In SALES November Since Jan. 1 Shares 800 4,878,660 174,700 56,300 4,340 93,500 12,100 144,100 8,100 4,600 260 830 11,500 7,200 -A : 50 69,500 6,200 80 4,100 5,400 13,300 7,500 650 700 620 , 100 MOO 5,200 2,200 64,100 43,300 2,700 2,100 5,200 800 81,300 530 53 ** Sale Sale 117 Conv pref 1 * (70c) United Stores A $6 * cony . Van Raalte Co 5 730 550 430 330 16,600 3,000 1,000 9,000 10,200 35,700 59,400 51,500 140 5,200 170 3,700 3,000 147** 34** IX Sale 5* Sale 20 32 15 184* Sale 97 105 5 41 Sale * 0% preferred..— 100 Virginia Elec ft Power t% pf* 7% preferred..........100 . ..... .... Walgreen Co * 4**% pref with warr 100 Co............... Walworth ""3** Sale" 22** Sale 108 4X 18 114*1 118 49 k 119 57 125 2X Sale 34* Sale 2X Sale 7 Sale 18** Sale 72** 74 7 Sale Ward Baking class A * Sale Sale Nov. 30 Sale Nov. 29 Nov. 28 45 Sale 8** 85* 2** Sale 158 55 1 1 10 S 1,260,100 Warner Bros Pictures 93.85 cony preferred.....* 7,140 6 tWarren Bros ...» Convertible preferred....* Warren Fdry ft Pipe........* Waukesha Motor Co........5 Wayne Pump C0...........I 100 60,800 Western Maryland... Second preferred 100 11,200 ........100 31,300 Western Pacific 6% preferred...........100 72,800 Western Union Teleg 100 * 334,600 Westlnghouse Air Brake 1,177,800 Westlnghouse El ft Mfg..50 7% 1st preferred.... 50 3,970 * 62,000 Weston El Instrument.. 431,600 Class 33,100 Westvaco Chlorine Prod....* i% preferred.. ...30 10,600 36 3** 10** 16 X 13** 24** Sale Sale Sale Sale 25 2** Sale 1** Sale 27 73 LOO L02 97 L20 112 Sale 74 Sale Sale Sale Sale 113 15 16 4** 4** 6** 7** 1** Sale 2** Sale 24** Sale 23** Sale 99** Sale 25 14 32 15 345* 12 Sale 24 Sale 85 22 90 Sale *8* Nov. 115* Nov. 735* Nov. 158 154 Nov. 67** 585* Nov. 2 Sale 23 Sale Sale Sale 25** Sale 115** Sale 3** 4** 11 13** 123 635* 67 118** Sale Sale m Sale 25* Sale 17** Sale 2** 1** 7** 25* 7** Sale Sale Sale 84 48 20 15** Sale 135* Sale 2** 25* 34 40 6** Sale 37 39 J* Sale Sale Sale Sale Nov. Nov. 9 9 Nov.. 5 Nov. 30 30 Nov. 10 8 23 Sale Nov. 2 Sale Nov. 10 Sale 12 Nov. Nov. 25 27 Nov. Nov. 10 205* Nov. 30** Nov. Nov. 10 Nov. 10 3** Nov. 5* Nov. 80 Nov. Nov. 10 Nov. 5 94 Nov. Nov. Sale % Sale Sale Sale 1** Sale Sale 245* Sale 285* Sale 26** Sale 1205* Sale 117 147 138 Sale 18 20 Sale Sale Sale 117 20** 3J* 65* ** 1** Nov. 12 Nov. 22 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 2 Nov. 31 Nov. 10 25 Oct. 17 Mar. 30 345* Nov. 10 4** 1** 1J* Mar. 5* Sept. 71 70 Apr. 825* May Mar. 975* 126 Mar. Jan. V Mar. ** Mar. 15* 29** Nov. 9 33** Nov. 9 124** Nov. 10 Nov. 138 Nov. 30 28 Jan. 3 Nov. 22 119** Novf 245* Nov. Ill** Jan. Nov. Oct. 15 Jan. July 30 82** July 29 3 102** Jan. 3 102** Jan. Apr. 74 116 13 39 25** Mar. 3 Nov. 16 20 19 6 15 15 Mar. 30 Nov. Nov. Mar. 31 27 11 16** Mar. 31 125* May 25* Mar. Nov. 23** Nov. 26** Nov. Ill 135 2 Nov. 21 Mar. 26 15* Mar. 31 5 Nov. 22 99** Nov. 92** Nov. 123** Nov. 9 Nov. 30 19** July 4 July 51 July 8 July 45 Aug. 4** July 165* July 35* Mar. 26 Nov. 10 33** Nov.: \V* 35* Sale 6 75* ** Sale VA Sale 20 3 116** 117 Sale 175* May 18 Nov. Sale Nov. 10** July 22 Nov. 6 54 55* Nov. 37 Nov. 3** Nov. Sale 124 87 Mar. 31 Mar. 31 36 4 8** July 26 20** Jan. 10 4** Mar. 30 23 Sale 925* Feb. Apr. 22 Mar. 29 74 Nov. 10 Nov. 19** Nov. 13** Nov. 25* Nov. Jan. Mar. 31 135* June 10 7** Nov. Sale Sale 124 118 120 21** Sale Oct. 26 11 July 23 Mar. 21 Mar. 23 1 a Sale 7 Nov. Sale 101** Sale 4 Nov. 16 1 15* 1** 55* Nov. Sale 35LH 95 1** Nov. 1 35* Nov. 12 Nov. 205* Sale 31 Sale i Nov. 21 75 Mar. 31 37 Mar. 26 Mar. 26 Sale Sale 81 Sale 195* 36** 19** 30** 9 Nov. 21 2 Sale 27 Nov. 4 Sale j 9 118 75 Nov. 4 16 29 12 .35* 32** Nov. 10 65* Nov. 16** Nov. 87 Sale 8 Sale Sale Sale . 30 9 1** Nov, 28 25* Nov, 25 50** Sale 85 9** Sale 7% 39** 41** Nov. 10 19** Nov. 25 45* Nov. 10 38 Mar. 31 71** Nov. 12 Oct. 10 915* May 31 121 June 20 29** Mar. 30 36 40 Apr. 25 47) Sept. 9 July 21 3** Nov. 30 July 29 75* Nov. 29 10! 3 ** July 26 1J* Mar. 26 37 Feb. 3 50 July 21 Nov. 12 7** June 13 15 48 Mar. 31 815* Nov. 17 Oct. 29 134 May 11 158 Nov. 18 27** Mar. 30 70 15* Jan. 7 ** Mar. 30 1*1 Jan. 10 ** June 22 16 Mar. 26 285* Oct. 20 11** Mar. 31 28** Nov. 9 14** Mar. 31 365* Nov. 12 Nov. 2 97 Jan. 19 113 Jan. 22 30** Mar. 30 42 13** Sept. 28 19* Nov. 25 Jan. 21 55 25* Mar. 29 155* Mar. 30 32* Jan. 21 Nov. 2 105 Mar. 30 116* Jan. 20 4* 15* Apr. 13 5** Mar. 26 155* Jan. 11 100 Mar. 29 120** Feb. 28 116** July 19 119** Sale 17 Nov. 28 Nov. 9 Nov. 12 Nov. 2 zll4**Nov. 30 116** Nov. 2 3 Nov. 23 3** Nov. 15 11 Nov. 15 12** Nov. 15 1345* 118 Nov. Sale 645* Nov. 15* 86 1125* Nov. 3 38 Nov. 29 165* Nov. 18 35* Nov. 29 25 Nov. 26 Nov. 28 - 1** Sale 3 Nov. 31** Nov. 29 Sale 1 Nov. 18 1 Nov. 1 5* Nov. 15 225* Nov. 18 24 Sale Sale 4 Nov. 7 Nov. 9 Nov. 10 Nov. 10 Nov. 7 Nov. 12 Nov. ** Nov. 30 Sale 28 114 Nov. 12 Nov. 15 Nov. 25 815* Nov. 17 5 158 2 Sale 35** Sale 110** 111** 39*1 Sale 17** Sale 127 L30 Nov. 28 Sale 22** Sale 39 Sale Sale 61 52 52 Sale 74 Sale 60 Sale Sale 25* Sale Class B... Highest Sale Prices 44 4 495* 195* Walker(H) Gooder & W Ltd.* Preferred................* 36 860 113 3H 10** 7% preferred..........100 V Sale Victor Chemical Works....-5 Va Caro Chemical Lowest Sale Prices Nov. 28 71** Nov. 28 119 J* 345* Nov. 28 73 100 7% 1st preferred Vick Chemical Go Highest Sale Prices Sale Sale 30 * Sale Lowest Sale Prices Sale 48 12 139 1 Ask Sale 11 Sale 9 5* 100 64,300 Webster Elsenlohr... ...1 3,560 Wells Fargo 8c Co * 52,100 Wesson OH ft Snowdrift $4 conv preferred... ....* 7,600 • 4,330 West Penn El Co "A" 7% preferred........ 100 7,550 6% preferred........... 100 6,960 4,770 West Penn Pow pref 7%..100 6% preferred..........100 5,610 128,600 Western Auto Supply Co.. 10 280 40 100 11,600 600 4 ** "Iji Sale" 50 229.000 19,500 89,500 82,100 145,600 110 4 * 42,000 3,100 10,400 6,700 12,200 4,000 RANGE SINCE JAN. 1 33** Sale 7% preferred............25 United Stockyards Corp ......100 39,500 tWabash. Preferred A 100 64,400 Preferred B............100 1,140 33,800 Waldorf System. 46,300 10,100 852,100 134,200 14,300 45,600 92,800 17,150 NOVEMBER Nov. 30 Ask Sale 65 105 k 3,540 Virginia Iron, Goal Be CokelOO 5% preferred....... ..100 2,050 2,600 Virginia Ry Go pref......100 ..100 2,300 Vulcan Detlnnlng... 640 r * ...100 * Preferred..............IN 403,800 Vanadium Corp of America.* 970 Bid (7nlc«d States Steal 970 32,100 28,800 164,600 135,400 6,370 Ask Bid 7% preferred.... U S Tobacco . 380 1,800 4,300 Par .. 18,400 Universal Leaf Tobacco Preferred 1,530 4,310 Unlyersal Pietist pref 154,800 tUtllltles Pow & Light A 63,300 Vadsco Sales Corp.. 56,300 Nov. 1 1938 i'; preferred * 12,100 Universal-Cyclops Steel....1 1,900 IN Price Jan. 3 Shares 421,600 8,800 12,700 1,480 8,500 2,900 10,900 PRICES STOCKS N. T. STOCK EXCHANGE 111 Oct. 165* Mar. 155* Mar. 615* Mar. 33 H 2 9 Jan. 10 10 Jan. 11 July 22 July 20 Nov. 9 124** Nov. 10 144 Oct. 14 21 103 Mar. 9 ** Mar. Oct. 24 1654 36*5 Nov. 18 Nov. 205* Nov. 7 37** Nov. 22 20** Nov. 10 Sale 29** Nov. 305* Nov. 16 20 Mar. 80 Sale 75 25** 81** 54** 12** 11** 6** 1** 19*4 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 75 Nov. 28 325* Nov. 12 81** Nov. 19 65 Apr. Nov. 12 Nov. 25 Nov. 14 42 61 11 15** July 19 15** July 25 3** 2** 25* Sale 2** 5** Sale 5 45* Sale 4** 42** 44 435* L055*' 105** 36** Nov. Nov. Nov. Nov. 37 38 Sale 18 Sale Sale 30 65 37** Nov. 22 20** July 25 305* Nov. 16 31** Mar. 10 Mar. Wheeling & Lake Erie— 10 42,600 100 6,600 500 27,000 14,300 4,300 3,300 9,900 23,100 7,900 13,800 3,800 50 26,400 84,200 33,500 '"'366 2,800 6,600 2,270 2,500 6,900 „ 136,600 1,480 9,700 174,100 ' 400 20,800 24,300 13,900 580 53^ % conv 100 pref _* 250,800 Wheeling Steel Corp.. Preferred..............IN 1,400 85 conv prior preferred * 15,500 4,800 White Dental Mfg Co (S S).20 ....1 543,200 White Motor Co... * 50,900 White Rock Min Spgs Co * 56,400 White Sewing Mach Convertible preferred....* 51,900! 55,900 Wilcox OH & Gas...........5 1 214,800 Willys-Overland Motors 6% conv pref....... 10 118,500 * 283,900 Wilson 8c Co 86 cum preferred... 100 31,700 1120 Wisconsin El Pow 6% pref 100 ...10 147,100 Woodward Iron Co .10 735,600 Woolworth (F W) 100 296,900 Worthington P Ac M 7% preferred "A" 100 1,710 . 400 18,300 29,200 21,130 24,800 51,700 3,215,600 9,290 6% pref B Prior pref ...100 4**% series..100 105 63 16 85* Sale 9** 10** 80 57 14 1** Sale 125* 13** 2H12** 25* Sale ....100 118,900 Young Spring 8c Wire ._.._.* » 1,336,100 Youngst'fe Sh 8c Tube 5**%. preferred 1,700 .100 * 211,900 Youngstown Steel Door * 478,900 Zenith Radio Corp 1 197,000 Zonlte Products Corp Sale 58 125* 135* 7** 12** Sale Sale 135* 14 12** Sale 2 21 28 7 Sale Sale 58 12** "135* 36 16 Sale Sale 60 100 ,5** 36" "37"" 60** 45 Sale 63 Sale 8** Sale 68** 81** 13** Sale 37** Sale 73** 80 '135* Sale" 25a Sale 25**' Sale 505* Sale Sale 70* 45 60 112 73 313* 20** Sale 61 14 15 3 5** 51** 105** 275* 535* 27** Nov. Nov. 23** Nov. 495* Nov. 19 Sale Sale 50 Sale Sale L15 Sale 74 73 Sale Sale 315* Sale 18** Sale L03 5* Sale Sale 107 22** Sale Nov. 505* Sale 85** 255* Sale Sale Sale 7 Nov. 9 Nov. 10 Nov. 14 9 Nov. 9 48 Nov. 25 107** Nov. 73 48** Nov. 16 655* Nov. 9 Nov. 18 Nov. 17 4 120 Nov. 4 *74 4 34** Nov. 12 Nov. 28 21** Nov. 9 17 3 Mar. Mar. Oct. 36 Jan. \\X (Continud from page 80) 48** Nov. 16 655* Nov. 9 Mar. Nov. 18 120 Mar. Oct. 20 Jan. 74 39 July Jan. 215* Oct. 19 Nov. 15 62** Mar. Nov. 10 Mar. 9 Mar. 109 Mar. Mar. Nov. 1 mMar. Nov. 9 2H Jan. • No par value, a Deferred delivery, r Cash sales, x Ex-divldend. v Ex-rights. J Companies reported In receivership. b Change of name from United American Bosch, g Change of name from Peerless Corp. v inf Nov. 9 July 19 m Nov. 14 Mar. 705* Oct. 28** Mar. 55** Mar. 6 Oct. 26 6** •Jan. 10 514 July 19 60** Jan. 21 105** Nov. 14 275* Nov. 14 Nov. 9 Mar. Mar. Nov. 9 Nov. 12 Nov. Oct. 19 3*1 m 7?H 294* 305* Nov. Jan. 3 June 32 27 21 Jan. 22 11 245* 3** Aug. 103 42 Nov. 12 Mar. 35* June Nov. 14 Nov. 75** Nov. 14 100** Nov. 15 104 20 Sale 19** Nov. 26 23** 51** Sale 465* Nov. 28 57** 82 Nov. 87** 85 5 86** 245* Sale 22** Nov. 28 28 19 Sale 18** Nov. 28 235* 35* Sale 35* Nov. 29 4** 82 Hi Nov. 12 7** Nov. 745* Nov. 4 36** Nov. 25 Sale 9 4 325* Nov. 12 95 Jan. 4 Mar. 29 May 27 Sept.23 6** Mar. 31 5 Sept. 28 1** Mar. 31 85* Mar. 31 35* Nov. 22 50 37 87** Nov. Jan. 90 12 14** Mar. 26 75 8** Nov. 12 2** Nov. 9 23 20** Sale 65** 70 90 74** 103 225* 45* Sale 3 48** Sale 103** 24** Sale £gj| 80** Sale 195* Sale 50 95 1** Sale 21** 215* Sale 23 preferred 55 5 Yale Be Towns Mfg Ce Tel Trk 8c C'ch class B 7% 77** 4?a 36 81 25 Sale 89** 25* Sale 2** Sale 55* Sale Prior pref 4** % conv ser 100 Wright Aeronautical Corp..* Wrlgley (Wm) ir * .......... 75 26** 75** 25** Aug. 26 57** Nov. 12 86** Nov. 15 28 Nov. 10 255* July 55* Mar. Y Called for decrease of £15,899; for the week ended Nov. 16 5 Oct. 13 7 7 redemption a decrease of selling rate for sterling was changed on Nov. 8 for the first time since Dec. 10,1936, from 16 pesos to the pound sterling to 17, and the regulation requiring prior permits for im¬ porters buying official exchange was extended, as of Dec. 1, to those importers who had been buying their exchange in the free market. The official buying rate was left un¬ changed at 15 pesos to the pound, equivalent to about $0,311 in this market, compared to $0,274 at the new selling rate. Free pesos weakened on the exchange from $0.2515 to $0.2400, and later eased from this level to $0.2260. Other £31,943; for the week ended Nov. 23 an increase of £6,135, and for the week ended Nov. 30 a decrease of £27,244. Total gold holdings of the Bank of England on Nov. 30 stood at £327,653,479, which compared with £327,697,126 a year earlier, with the minimum of £150,000,000 recommended by the Cunliffe Committee, and with £136,880,000 in the Bank's statement just prior to the suspension of gold on Sept. 21, 1931. The Bank's gold holdings of £328,144,903 on Oct. 14, 1937, were the largest in its history. rate were changes in Latin America were nominal or unim¬ In the Far Eastern area, yen quotations fluctuated closely with the pound sterling, and the" Shanghai dollar quotations continued nominal around $0.16." portant. Changes in the gold holdings of the Bank of England during November were as follows: For the week ended Nov. 2 a decrease of £53,181; for the week ended Nov. 9 a Details of the gold movement at the Port of New York outlined as follows in the "Monthly Review" of the Federal Reserve Bank of New York for Dec. 1: "During November affecting the United York totaling $84,600,000, of which $73,800,000 came from England, $6,600,000 from Canada, $3,500,000 from India, and $700,000^ gold States gold stock included imports receipts (Continued on page at New 53) - - -:li' New York Curb Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON NEW YORK November Shares_ Jan. 1 to Nov. 30 — NOTICE—Deferred delivery, under the rule and cash and when selling outside of the regular monthly computing the range for the year. AGGREGATE . ' range are November Shares 63,000 400 6,300 11,300 11*,5o5 1,000 10,500 50 600 420 200 1,100 26 * Class B * Agfa Ansco Corp com 1 Alnsworth Mfg Corp com...5 Air Associates Inc common..1 Air Devices Corp common..! Air Investors Inc common..* Convertible preferred * 2,175 3,030 3,597 2,200 4,000 400 250 19,300 3,960 1,900 250 13,550 400 16,000 600 150 2,500 1,200 1,550 150,400 26,760 7,600 2,160 A Warrants. — M * 16 preferred ... * Alles 8c Fisher Inc common.* Alliance Investment com * Allied Internat Investing * S3 conv preferred .....* Allied Products Corp com..10 Class A 25 Aluminum Co common ...* 6% preferred ...100 Aluminum Goods Mfg......* Aluminum Industries com..* Ala Gt Sou RR ordinary Ala Power Co $7 pre* 108,650 Aluminium Ltd * 5,800 6% preferred 100 96,800 American Airlines Inc....10 3,200 Amer Beverage Corp 1 890 American Book Co.. ...100 150 30,230 Amer Box Board Co com 1 1,600 Amer Capital Corp cl A..10c 11,300 Common class B... 10c 4,800 S3 preferred .....* 850 S5.50 prior preferred......* 12,100 143,900 American Centrifugal Corp.l 1,830 "3", 200 400 Amer Cities Power 8c Lt 1,300 2,000 7.600 60 50,900 6,500 900 34,900 1,625 7,800 1,050 25,000 550 1,500 9,700 700 1,300 9,350 24,850 68,700 260 2,800 100 550 15,600 5,800 70,700 700 5,300 1,800 1,200 8,400 600 435 9,400 4,800 20,600 5,700 634 224 124 7 10 1534 330 1634 534 Sale 3034 34 634 Sale 1134 188 224 Sale 21 Me 5834 74 64 234 124 734 1824 1434 324 "224 124 934 1934 Sale Sale 15 Sale Sale 139 90 98 Sale .100 124,600 American Maracaibo... 1 32,232 American Meter Co ...* 500 Amer Pneumatic Service....* 5,000 Amer Potash Ac Chem Corp..* 267,100 Amer Republics Corp com 10 36,900 Amer Seal~KapCorp com 1 451,400 American Superpower * 7,900 1st preferred $6 series—.* 65,000 Preferred $6 series........* II,400 Amer Thread preferred.....5 18,000 Anchor Post Fence com • 19,900 Angostura Wupperman 1 21,300 Apex Elec Mfg Co common..* Appalachian Elec Power— 3,115 $7 preferred 44,200 JArcturus Radio Tube 88,500 Arkansas Nat Gas com 343,000 Class A 43,800 Preferred 670 Arkansas P 8c L $7 pref 9 16 » 10 Nov. 12 1934 Nov. 14 324 Nov. 4 34 Nov. 18 634 Nov. 30 8 Nov. 5 Nov. 30 Nov. 23 6 35 Nov. 59,800 3,090 92,900 59,320 148,500 35,500 Atlantic Coast Fisheries * Atlantic Coast Line Co 50 Atlas Corp warrants Atlas Plywood Corp.. * Austin Silver Mines. ...1 Automatic Products Corp..5 For footnotes see page 100 pref 100 1 834 Nov. 16 1234 Nov. 18 324 Nov. 22 124 Nov. Nov. Nov. 22 23 Nov. 61 56 Nov. Sale Sale 72 61 Sale 134 124 8 17 9 20 Sale 48 734 Sale 3 434 23^ 57 2334 65 134 Sale Sale 57 64 1134 Sale 4 6 34 2334 2434 73 6824 124 Sale 30 Sale 26 24 224, i2924 28 Sale 3034 124 1134 Sale Sale 27 Sale 110 4 Sale 1424 15 13934 Sale 20 58 Sale 64* 924 Sale 434 2234 6724 134 25* Sale Sale Sale 2434 1834 2634 Sale 1234 2224 1834 Sale 26 23 16 Sale 2534 65 73 Sale 27 17 85 Sale 3234 24 Sale % 1634 51 24 3034 24 45 824 6 1 74 13 324 134 324 10 Sale 6 34 Sale 78 14 Sale Sale 434 Sale %, Nov. 26 Nov. 26 6724 Nov. 30 134 Nov. 30 47 924 Sale 534 Sale 134 Sale 70 80 2434 Sale 324 Sale 124 124 3 334 1234 1334 Nov. 28 134 Nov. 30 27 Nov. 17 2534 134 1034 1024 Sale 3024 Sale 11034 Sale 424 Sale 2334 34 334 324 534 Sale 634 4 734 424 324 Sale Sale Sale 6 Nov. Nov. Nov. Nov. Nov. Nov. Nov. June Nov. 12 4 114 29 1634 Mar. 11 6 534 Feb. 25 67 Mar. 14534 Nov. 12 61 Nov. 9 1234 Nov. 9 1034 Sale 124 Sale 7 Sale 24 Nov. 3 2234 Nov. 16 70 Nov. 1 22 25 29 2 29 124 Nov. 14 Nov. Nov. 3034 124 1134 3624 11524 534 1034 Sale Sale 22 Me Sale 124 124 Mar. Mar. Mar. 11524 Nov. 18 534 Nov. 7 2834 July 21 Apr. Mar. Nov. 7 Nov. 26 9 23 Mar. 10 Oct. 18 Oct. 18 Jan. 15 Jan. 4 Nov. 9 2 July 5 1224 Feb. 15 3734 Oct. 15 Apr. 1634 Apr. 124 Mar. 25 July 1534 Mar. Apr. Nov. 1 33 Nov. 1 25 Mar. 33 14 Nov. 2 8 Mar. 1424 July 25 25 26 June 27 26 Oct. 1434 Mar. 30 20 Aug. 25 6 18 1734 1534 Sale 2534 Sale 1534 Sale 51 2734 Sale 134 53^ 56 924 Sale 534 71* 1934 334 124 3 1034 Sale Sale 73 Sale 334 124 334 1134 Nov. 21 1724 1534 2534 1434 34 Sale 224 Sale 3 Sale 6 Sale Nov. 9 Nov. 28 Nov. 16 Nov. 22 1834 Nov. 10 1724 Nov^lO 26 Nov.* 9 18 Nov. 7 9 9 9 6334 24 Nov. 9 24 Nov. 3034 Nov. 24 Nov. Nov. 3 55 24 Nov. 1 Nov. 29 27 47 924 Nov. 28 434 Nov. 29 24 Nov. 30 73 Nov. 25 1734 Nov. 29 324 Nov. 1 134 Nov. 3 3 Nov. 3 1134 Nov. 26 Me 224 224 524 Nov. 18 1034 Nov. 5 524 Nov. 10 134 Nov. 1 74 Nov. 10 2534 Nov. 10 324 Nov. 3 124 Nov. 9 324 Nov. 14 13 Nov. 15 3 34 Sale 2234 24 124 Sale Sale Sale 22 4 23 Apr. 13 24 Mar. 25 16 Apr. 6 70 1124 Apr. Nov. 9 Jan. 30 5 3 5 Mar. 30 Mar. 18 34 5534 834 324 134 224 734 Mar. June Mar. Sept. 28 17 26 14 Mar. 23 Oct. 20 Apr. 1 1 32 1634 Feb. 21 10924 Nov. 22 MeFeb. 8 424 Jan. 11 434 Jan. 12 734 May 7 Apr. 24s Oct. 234 Mar. 234 Mar. 9 2 59 Mar. 86 5 Mar. 9 524 Nov. 4 86 Nov. 8 434 Nov. Nov. 12 Nov. 18 34 Nov. 29 24 Nov. 21 624 Nov. 16 Nov. 3 124 Nov. 1034 Nov. 1 9 9 !j2 Nov. 434 Mar. 3 34 Nov. 15 34 Nov. 25 334 Nov. 15 834 Mar. 31 34 Aug. 15 24 Apr. 1 324 Mar. 30 i»j Jan. 25 34 Mar. 24 34 Mar. 24 2 Sept. 6 Mar. 3 Mar. 30 234 Mar. 31 70 Nov. 23 334 Nov. 26 2624 Nov. 16 24 Nov. 30 21 Nov. 7 34 Nov. 10 124 Nov. 3 98 Nov. 17 4 Nov. 9 Nov. 7 Nov. 12 Nov. 10 Nov. 4 3 34 Nov. 2824 134 2334 34 124 67 16 % 634 34 34 Mar. 30 Sept.13 Mar. 30 Mar. 26 Mar. 26 53. ■j-1. Nov. July 524 Nov. 334 Mar. 9 9 17 Sept. 13 10 Oct. 26 Jan. 24 June 30 Nov. 18 1124 Aug. 16 734 Jan. 6 134 Oct. 17 75 Jan. 17 2734 Oct. 28 4 Feb. 4 234 July 11 4 Jan. 6 Nov. Nov. Nov. 17 25 Jan. 55 96 7 Nov. 1834 Oct. 2634 Oct. Nov. 22 Nov. 3 Nov. 9 Nov. 1 Nov. 30 10924 Me 324 324 634 Nov. Nov. Nov. Nov. Nov. 70, """24 Sale Mar. 29 June 29 10 54 85 Sale Sale Sale Sale Nov. 18 8 10 11 2 30 11 3034 3034 334 2734 3034 16 834 1934 104 234 20 1 934 ' 934 24 Sale % Sale 7 Sale 1 Nov. 10 July Aug. Apr. July Aug. 1334 Nov. 18 824 9 % Sale 134 Sale 934 10 "334 ""334 9 •ie Nov. 1024 Mar. Apr. 134 Sept. 56 24 33 95' aVA Mar. Oct. 1234 434 34 2434 7034 324 634 Mar. Nov. 10 Nov. 10 64 Mar. 44 Oct. Nov. 12 134 Jan. 24 Mar. 13 2 Sale Nov. 22 Mar. 8 30 Sale 69 2 Nov. 17 27 82 60 1 Nov. 12 30 30 34 Nov. 15 34 Nov. 25 7834 9 112 9434 Feb. 1134 ls2 Nov. 73 Mar. 30 Apr. 1434 Oct. 27 634 724 534 Sale 8 11 10 23 26 31 3 25 _ 24 Sale 334 Sale 334 Sale 634 634 24 Apr. 34 Aug. 834 Aug. 6 May 1224 Mar. 93 26 Sale Mar. 29 Sept.29 Apr. 20 Mar. 31 Mar. 29 Mar. 30 2 2 Sale 33 Mar. 28 1 1134 Me 3324 5024 44 3i 10 58 2534 Nov. 21 *30 Sale 134 124 124 924 1134 Sale 3234 3424 Sale 11334 11134 Sale 424 524 Sale 2534 2524 2334 4 924 Nov. 28 22 4 524 Mar. 31 724 Oct. 11 34 Mar. 28 Feb. 2034 Nov. 18 6 Nov. 23 37 July 19 1034 Aug. 8 1234 Nov. 18 134 Jan. 21 324 Nov. 22 23 Nov. 22 24 Nov". 23 61 24 Nov. 16 76 Oct. 15 67 Oct. 17 234 Jan. 6 134 Oct. 15 24 Feb. 7 1024 Nov. 10 11 Aug. 26 1934 Nov. 15 12424 Nov. 23 Nov. 12 Nov. 28 14534 Nov. 12 1 Nov. 4 11034 Nov. Nov. 12 Nov. 1 22 134 Nov. 14 Nov. 26 Nov. 60 Jan. 23 34 1424 Nov. 21 4 Nov. 2 114 1434 Nov. 324 Ndv. 13534 10734 1634 24 Nov. 16 1734 June 17 1434 Feb. 5 234 Apr. 1 1934 Nov. 15 12424 Nov. 23 Nov. Nov. . 2734 2 24 19 34 2534 2434 9 Nov. Nov. 8 19 109 26 1424 34 1024 Nov. 10 Sale 112 Sale 26 1434 22 6634 Nov. 3 234 Nov. 10 134 Nov. 7 11924 Sale 224 Sale 3 2334 Sale 74 Nov. 115 Nov. 9 Nov. 234 Nov. 134 Nov. Associated Elec Industries— RR Co pref 170 Atlanta Gas Light 6 % 9 2034 Nov. 18 24 Nov. 23 6124 Nqv. 16 2 34 1 134 » ..1 • Sale Prices Me 11034 Sale 20 18 Preferred..... Highest Sale Prices 19 25 Sale 70 * 10 4,400 124 Sale 1934 Sale Me Me 5634 5834 116 6,300 American deposit rects_.fl 28,300 Assoc Gas 8c Elec com ......1 254,925 Class A 1 48,900 $5 preferred.......... ♦ 82,900 Warrants 2,800 Assoc Laundries of Amer...* 1.700 V t c common * 350 Assoc Tel & Tel class A * Atlanta Blrmlnghaas & Coast 11,000 9,300 28,800 4,500 334 Sale Sale 734 Sale 8 824 109 600 80 24 Sale 105 424 26 32 1224 20 25 25 100 Lowest Sale Prices 29 31 22 1334 Sale 7734 Sale 1,200 18,100 125 2834 19 Sale Sale 1 6 600 Sale Sale 5224 234 71 300 2A Highest Sale Prices 1024 Nov. 52 * 3,400 29,400 3,800 17,100 Sale IH 1424 3* 48V* 63 30 16 3434 24 22 13,400 Art Metal Works common...5 108,200 Ashland OH & Refining Co.l 60 1924 Sale 2424 2724 1034 Amer Invest of 111 com Amer Laund Mach com Amer Light 8c Trac com 0% preferred Amer Mfg Co common 1 Lowest Ask Corp Conv class A ...—...25 Class A with warrants...25 Class B 1 Amer Cyanamtd com cl A..10 Common class B n v .10 Amer 8c Foreign Power warr. Amer Fork 8c Hoe Co com...* American Gas Ac Eleccom...* 165 "5", 100 16V* 334 443,900 32,400 10,600 401,900 21,925 S6 preferred * 44,700 American General Corp...10c 12,700 $2 preferred 1 325,000 S2.50 preferred 1 5,550 Amer Hard Rubber Co coai_50 1,100 17,800 109,900 5,900 6,225 Ask Bid Bid 2834 ▼ t c__ Aero Supply Mfg class RANGE SINCE JAN. NOVEMBER Nov. 30 Nov. 1 Ask Bid Par STOCKS 2,300 Acme Wire Co 1,200 ""loo IN PRICES 1938 I,900 129,700 11,350 49,700 20,400 38,300 29,000 3,800 24,900 month's range, unlessi they areithei only, tractions of the month, month in which they occur. No account is taken of such sales in ;->:v' v ■ ■■■■' v -■ ■ ''.-b; Jan. 3 Jan. 1 125 $30,535,000 410,815,000 Price NEW YORK CURB EXCHANGE Since 200 shown in a footnote in the f SALES In Shares Jan. 1 to Nov. 30 sales, are disregarded in the 1937 1938 $35,247,000 331,018,000 November. 5,302,578 98,338,105 6,190,958 43,475,801 CURB EXCHANGE Bond Sales 1937 1938 Stock Sales 9 20 4 1134 Jan. 27 1 124 1124 Me 3i Me 334 Jan. Oct. Oct. Jan. Jan. Mar. Nov. 8 1/ 17 5 17 16 15 Mar. 3 Nov. 17 534 July 25 30 Jan. 11 134 Jan. 11 2534 Oct. 15 24 Jan. 12 2 34 Jan. 12 70 98 42 NEW AGGREGATE YORK SALES PRICES NEW YORK CURB EXCHANGE Since 1938 STOCKS (Continued) Par Auto Voting Machine com..* Bid 1,100 8 6 8K Bid Ask Ask Bid 7K 5K 7K Sale 4K 6 8H 5K 2 H 37K Sale 16. 17 K 13 % 20 IK 2K 3K Sale 45 Sale * 34 Sale 32 ..30 21 Sale 7 Sale 16 17 13 K Purchase warrants 1K 329,400 Aviation & Transport Corp.l 1H Sale Axton Fisher Tob class A.. 10 122,800 Babcock NOVEMBER Nov. 30 Nov. 1 Ask 7 26,500 5 9,000 Avery (B F) Sons Co 525 6% preferred w W.......25 125 6% preferred xw... 25 16,970 IN RANGE SINCE JAN. 1 Price Jan. 3 Jan. 1 Shares EXCHANGE CURB & Wilcox Co 20 3K Sale Sale Lowest Highest Sale Prices Sale Prices Lowest 8K Nov. 9 5K Nov. 12 4 7K Nov. 28 5 Nov. 22 Nov. 22 Highest Sale Prices 5 Nov. 22 Sale Prices 9 K July 29 8K Jan. 12 1K Nov. 2K Nov. 35K Nov. 7 IK Nov. / 3K Nov. 25 46K Nov. 29 1 2 Nov. 18 31 35 Nov. 10 4 Mar. 28 15 Apr. 20 13 17 K Nov. 16 Mar. 30 21 Jan. 20 17 K Aug. 26 Nov. 1 7 Mar. 26 1 13 K Mar 30 46 K Nov. 29 June 19 3 2K Jan. 13 3K Nov. 25 37 Oct. 15 Baldwin Locomotive— 23,020 239,600 52,500 15,100 233,325 5,480 9,600 7% preferred Purch warr for com... Baldwin Rubber Co Bardstown Distillery Inc Bath Iron Works Corp— 800 Baumann (L) & Co com 210 7% 1st preferred.. 825 1% Sale 8Vs 9h 6K Sale §2 Sale IK 8K 7 Sale 10 12 10 18 7 UK Nov, 1 9K IK IK 9K 7K 7K Nov. 29 1 Nov. 2 IK Nov.22 7K Nov. 22 6K Nov. 1 7K Nov. 29 Nov. Nov. Nov. Nov. Nov. * Beech Aircraft Corp com—1 Bell Aircraft Corp common..1 Bellanca Aircraft 6K Sale 1 100 2,400 Beaunlt Mills Inc common. 10 $1.50 conv pref........__20 1,200 49,600 1 1 Barlow & Seeltg Mfg class A. 5 Basic Dolomite Inc common. 1 0? ■ Sale IK 7K 6K 7K 1 Barium Stainless Steel 160,700 145,500 164,400 1,560 1,665 2,650 2,429 72,300 41,800 3,900 ~6K Sale 1 com 22 K Nov. 8 Nov. 17 K Nov. 28 5K Nov. 29 common. 6 24 IK Sale 16 Sale 3K Sale 2K U6K U7K 4% 6 preferred....* Berkey & Gay Furn Co 1 Sale" % Sale Purchase warrants........ .....* 21,400 Birdsboro Steel Fdy Ac Mach * 400 Blauner's common.........* 219,650 Bliss (B W) Ac Co common...1 4.845 Bliss & Laughlln Inc com—5 4K Sale Sale foM Sale Sale Sale Nov. 12 Nov. 2 18/s Nov. 1 5 Nov. 5K Nov. 12 14 1 Nov. 2 6 Nov. 14 5K Nov. 22 8* Nov. 17 Nov. 22 Nov. 14 167 K Nov. 25 Nov. 14 Sale 118K 119K 117 K Nov. 12 Nov. 25 Nov. 16 14 15 17 K 16K Sale Nov. 1 Sale 29 29 K Nov. 16 Sale Nov. 30 Sale K % Nov. 3 Nov. Nov. 28 1 Sale 167 Convertible $2.50 Conv pref 11 13 Sale 19 K 6 K -5K 5 if* il* Bell Telep Co of Canada..100 Bickford's Inc com.........* 1 Mar. 29 7 5 June 27 June 18 4K May 27 4K July 12 51 5 14 .1 Bell Telep of Pa 6 K % pf._100 Benson & Hedges com * 11K Apr. 1 2K Mar 28 4K Mar 28 K June 20 10 11 117 % 15 K 27 M K 12 K Jlgg 13* 14 15K 27% rie* Nov. <0K 10 rl6 Nov. 28 '"6H Sale" ~i2K Sale "12K Sale Nov. 28 Nov, 35 Nov. 17 UK 19 "~8K Sale" "7H Sale" "7K ""8K 33 7 9 Nov. 1 9K Nov. 10 Nov. 9 Nov. 5 Nov. 17 9 9 14 K Nov. 22 K Nov. 14 3 Mar. 31 3 11 May Oct. 6 21 8 8 18 Nov. 7 July July 23 12 Mar. 5 29 Jan. Nov. 14 18 : Aug. 26 29 K Aug. 6 Jan. 12 13^ Sept. Nov. Jan. 37 Mar. Oct. A* 12 31 13 Nov. 5 Feb. 3 Oct. 14 K Oct. 19 22 K Nov. 14 4K Mar 11 Jan. Jan. Jan, Nov. 17 Nov. 22 167 K Nov. 25 U9K Feb. 10 % May 9 IK 2K 10 73 9] 4i 63 6j 14 9 9 18 IV" 9K Mar. 6 9K Jan« 5K Nov. 22 IK Mar 8K Mar 2K Mar 147 Apr. 113 K July 5K Mar 14 K Mar K May 30 22 K Nov. 8 Nov. Mar v 75,600 16,800 52,800 7,025 2,000 2,100 8,500 Blue Ridge Corp com IK Sale ...1 $3 opt conv pref * Blumenthal (S) Ac Co com...* Bohack (H C) Co common—* 37 38 Sale 3K 3K 17 K 10 K 4K * H K 7% 1st pref .........100 2d preferred.. 11,900 * * 40,000 Brazilian Tr Lt Ac Pr ord 66,800 Breeze Corp ...1 320,500 Brewster Aeronautical..... 1 12 K 6 7% 1st preferred.......100 Borne Scrymser Co 25 Bourjois Inc. * in Sale Sale 9M Sale 7K J* Sale 3 28 9K 31 IK Nov. 29 IK 41 K 40 21 10 K Sale 8K 4K O Sale §K 4 Sale 10 K Sale 8K Nov. 22 4 Nov. 14 IK Nov. 9 44 Nov. 12 9K Nov. 9 5K Nov. 2 20 Nov. 16 23 9K Nov. 3 4K Nov. 30 Nov. 6 10K Nov. 5K Nov. Nov. 29 40 3 K June Apr. 4K Mar 1 Mar 10 K Mar 9 K Nov. 7 2K Apr. IK July 34 12 K July 5K Oct. 25 21 31 Oct. 20 13 Aug. 4 5K Nov. 7 Bowman Biltmore Hotels— 13,600 5,500 Common............... 810 4 * 23 * ...........100 85 100 Bridgeport Gas Light Co 111,200 Bridgeport Machine com Preferred 1,800 Bright Star Elec class B * 22,700 Brill Corp class A ._* Class B..__ 14,100 ....* 8,550 7% preferred ....100 4,300 Brlllo Mfg Co common * Class A Sale 6K Sale 33 3 Sale If Sale 2 22 25 7K 8K IK Nov. 12 IK Nov. 25 16 K Nov. 21 3 Nov. 29 18 K Nov. 10 "2K "3"" 10 K 7K 10 K 10K Nov. 19 4K Nov. 3 6K Nov. 1 IK Sale IK Sale 3K UK 4K 3K 12 K Sale- UK Sale 36 32 9K Sale .... 290 IK 17 6K 6K • 10K Sale Sale 36 7K Sale Nov. 9 Nov. 9 Nov. 23 Nov. 22 32 •""K "~H 4K Sale IK 2 27 30 9K 10 K 4 IK 23 K 10K 31 Sale IK 27 11K Sale K Mar 23 1K Feb. 25 7 7 18K Nov. 10 4K July 2 14 July 2 8K Nov. 23 11K Nov. 22 7 Jan 1 K Jan 7K Mar 30 3 Sept. 28 2K Mar. 30 Apr. 5 4K Sept.28 May 4 K June 10 2 Apr. 1 25 6K Nov. 4 8K Nov. 14 Nov. 22 80 —u -.* 3K 11K 8K 11K 80 K Nov. 2 3K Nov. 28 IK Nov. 28 K Nov. 2 4K Nov. 12 33 76 88 Oct. 10K Jan. 15 10 Mar. 19 K Oct. 5K Oct. 2K Oct. 11 24 24 2 Nov. 4 29 K Nov. 10 15 31 10K Nov. 10 Nov. 30 Nov. 28 26 Nov. 22 6 Nov. 12 44 28 K Mar. 16 30 11 31 18 Apr. 12 19 K Apr. 29 21K June 24 21 July 8 K Mar 23 Apr. 7 6K Mar. 31 Oct. 21 Oct. 19 Nov. 30 10 K Nov. 16 30 K Nov. 22 Nov. 9 21K Nov. 16 23 K Nov. 23 23 K Nov. 18 22} Mar. 29 27 K Apr 13 23 Sept. 16 26 K Jan. 28 % Nov. 28K Nov. 2 7 28 Nov. 1 15K Mar. 18 British-American Oil Co.— 4,200 1,000 10,700 1,100 Coupon 8took (bearer)....* Registered British Amer Tobacco, Ltd— Amer dep rets ord bear. £1 Amer dep rets ord reg_..£l British Celanese Ltd— 3,500 Am dep rets ord reg 150 British Col Pow class A 21,000 tBrown Co 6% pref. 23,000 Brown Fence Ac Wire Class A preferred 4,300 15,300 80 182,500 8,100 7,800 34,000 11,800 104,700 4,100 27,100 8,200 20 K 20 K 20 K 20 K 21K 21K 20 K 20 K 21K 21K 26 K 26 K 27 K 23 K 23 K 25 K 24 K 23 K 23 K 22K Nov. 28 23 23 K 23 K Nov. 18 IK 10s .* 22 1 5 com ... IK 25 Sale * K % Sale 25 5K 22 K 2K Brown Forman Distillery... 1 % 2K 6K Sale Sale 3 21 1 Sale Bruce (E L) Co 9 ......5 Buckeye Pipe Line...... 50 Buff Nlag Ac East Pow pref-25 39 $5 1st preferred * Bunker Hill Ac Sulllyan..2.50 14 Burma Corp. Amer dep rets.. Burry Biscuit Corp....l2Hc v t o Sale 21K 22 Sale 2K 2 3 Sale K C_.._...* 6K Sale 22 K Nov. 2K 2K Sale 15 16K 27 27 K 21K 22 6K Sale 13 14K 27 K 28 21K Sale 6K 5 Jan. 14 Apr. Nov. 3 1 17 K Sale" 15K 2K 2K Sale 3K 2K K 2K Nov. 28 7K Nov. 16 14 K Nov. 22 4 27 K Nov, Nov. 21 15 9 29 K Nov. Nov. 2 22 6 Nov, 18 2 106 K Nov. 9 Nov, Nov. 29 18 K Nov. 12 1 Nov, 29 2K Nov. 2K Nov, 18 3K Nov. 9 21K 105K Sale" 15 K 2K 2K 3 % Sale % Sale Nov. 7K Nov. 10 4 6K Nov. K July 22 K Nov. 10 3 1 2K Nov. 25 4 15 7 3 18 IK May 3K Oct. 40 May K Nov. 39 Mar. 2K Aug. IK Mar. 5 19 22 19 19 22 19K 21 29 K 30 K 31K 3 3 5K 4 3K 4K 125 Camden Fire Ins Assn....—5 200 Carman At Co conv A stk • * Class B * 6,000 Carnation Co common 61,000 Carnegie Metals Co com 1 1,440 Carolina P Ac L $7 pref....—* 430 $6 preferred —....* Carrier Corp common Carter (J W) Co common 12,800 29,300 Casco Products 1 1 3K 4 IK Sale 10 K Sale IK Sale Sale 2K 3K 2K 3K IK Sale 8K 10 K lKfSale 14K 3K 21 3K 20 K V 4 19 23 16 IK Sale 30 4K Sale K Sale 2K 2K 8 Sale Sale 1 28 K Sale 6K Sale 11 Sale 17 23 2K 2K 21K Sale 6 UK 17 K 25'K 3K Sale 29K Nov. 3 Nov. Sale 1 18K 4 23 K 30 4K Sale % Sale 79" "Sale" 10 1 Nov. 18 Nov. 14 20 21 ...* 950 Castle (A M) Ac Co 113,300 Cataiin Corp of Amer 31 8 18K Sale 6 16 K 16 22 21 7 Sale 23 K 4K Sale 1 9 1 Nov. 9 18 Nov. 14 21 5 19 18 28 28 27 9 Nov. 18 8 21 21 31K Nov. 17 3K Nov. 14 Nov. 29 K Nov. 16 IK Nov. 9 1 Nov. 10 IK Nov. Oct. Mar. Sept. Sept. K Sept. 7 Apr. 4 Nov. 2 Nov. 1 4K Nov. 7 1 % Jan. 27 1 15 23 Apr. 5,235 7% 1st partlc pref 1#0 11,900 Celluloid Corp com ..15 1st preferred 1,600 * 2,350 $7 div preferred * 27,000 Cent Hudson G Ac E com 86 4K ,5K Sale 19 7 2 Feb. 11 Aug. 18 6 340 Cent Maine Pow 7% pref..100 6,460 Cent N Y Pow 5% pref 100 1 25,400 Cent Ohio Steel Prod... 2.785 Cent Pow Ac Lt 7% pref...100 13 89"" ~89K 6K Sale 78 80 13 K Sale" 89 K 7 Sale 85 Sale 2 Sale Sale 91 8K 87 13 K Sale Sale 88 K Common 50c com—1 100 100 100 Conv pref opt ser 1929..100 5,575 30,300 Centrifugal Pipe Corp..... * IK ' 2K K Sale 13 Sale K Sale Sale 6K Sale 14 K IK Sale K» Sale Sale Oct. 3 IK Jan. 10 88K Nov. 12 17 K Nov. 28 6 Nov. 2 22 K 6K 18K 24 K 4K 15K Nov. 28 24 K Nov. 15 3 K Nov. 9 NoV. 10 Nov. 12 Nov. 10 Nov. 15 Nov. 26 65 K Mar. 31 60 Mar. 29 16 Sept. 17 4K May 4 6K Mar. 29 17 Apr. 29 IK Apr. 1 89 K Nov. 12 66K Nov. 14 6 Nov. 29 1 Nov. 13 K Nov. 88 K Nov. 88 K Nov. 88 If* Nov. Nov. 187 K 7 85 Nov. Mar. 22 48 Sept. 14 Nov. 4 14 Mar. 26 Nov. 9 10 K Mar. 31 68 K May 3 Nov. 22 Nov. 5 10K Nov. 16 Nov. 26 75 K Apr. 6 4 K June 7 64 Mar. 31 1 Nov. 1 Nov. 30 Nov. 1 15 K Nov. 6 Mar. 31 4K Nov. 28 6K Nov. 1 9 3 5 Nov. 16 5 Mar. 26 Nov. 19 5 5K Sale 4K 5 6K 7» Sale 7K 6K 9 7K Sale 10 4K Nov. 23 4K Nov. 16 3 Mar 29 3K Mar 26 Sale 19 4 80 Jan. 32 7K 23 K 25 Jan. 10 Aug. 10 Aug. 24 Jan. 8 4K Nov. 26 89 K Nov. 12 6K Oct. 25 69 Jan. 12 30 Oct. 25 14K Oct. 25 88 K Nov. 22 92 June 28 10K Nov. 16 87K Nov. 26 ' IK Nov. 28 5K 5K 4K 6 June 27 4 50 3 5 5K Sale 6K 12 K 4K 8K 3K Sale 7 K Nov. 1 88 K Nov. 12 80 Nov. 10 10 K Nov. 30 10 K Apr. "14 4K Nov. %, Nov. 25 87K Nov. 28 79 Nov. 21 Cent Ac Southwest Util— 198,300 Central States Elec 14,245 7% preferred 27,000 6% preferred Conv preferred 1,100 16 Jan. 25 21 Oct. 5 31K Nov. 17 4K Jan. 8 3 K Jan. 26 IK July 5 10K Jan. p3 IK July 5 24 K July 4K Nov. 13 K Jan. 4 62 10K 12 5 22 17 K Apr. 85 K Nov. ..... , K Nov. Nov. 44 24 Celanese Corp of Amer— 89,100 2 Jan. K July % Jan. 7 13 22 K Mar. 106 K Nov. 4K Apr. K Nov. May 3 5 9 18 K Nov. 12 Jan. 15 3K Y4. 24K Oct. 18K Apr. 88 ( Apr. 10 Jan. 7 K Nov. 16 Oct. 25 17 2K Apr. 6 % Nov. 2 33 Jan. 25 33 July 7 8 Mar. 14 22 K Nov. 10 Wireless— Am dep rects 5K% 2,850 Canadian Car Ac Fdy oref..25 9,300 Can Indus Alcohol cl A.... * B non-voting 2,500 .........* 1 113,700 Canadian Marconi Co 2,925 Capital City Products....-.* 113,300 Carlb Syndicate com _....25c 346,600 7 Nov. Nov. 26 28 Sale 1 pref_£l 2,250 Calamba Sugar Estate Co.20 3,700 K Nov. 26 18 —* $6 preferred Cable Elec Prod 27 K 21 28 100 Brown Rubber Co. com Cables Ac 800 20 20 Nov. 19 2 6 5K Nov. 4M Nov. 9 1 Mar, 26 K Sept. 9 2K Oct. K Jan. July 7K May 10 Apr. 7K Feb. 4K Aug. 17 17 12 7 11 9 21 1 Chamberlin Metal Weather 7,300 Strip Co...i..»mp.»....5 4,400 Charls Corp com 10 5 2,600 Cherry-Burrell Corp com For footnotes see page 53. 6K 8K 6K 7 : Nov. 7 6K Nov. 1 15K Nov. 7 7K Nov. 10 7 Nov. 4 16K Nov. 9 5 June 5 Mar. 31 12 K June 1 16 ?! 21 Jan. Jan. Jan. 18 3 13 aggregate NEW YORK Price CURB EXCHANGE Jan. 3 Shares STOCKS {Continued) Par 6,550 Cheseb rough Mfg__ ....25 44,850 Chicago Flexible Shaft Co..5 12,300 Chicago Rivet fit Machine...4 22,900 Chief Conaol Mining Co....l 23,945 Child* Co preferred Ask 102 Sale Sale Bid 100 40 9 114 X 47 X Sale 53 4 37 Sale 4 38 Sale 41 33 54 43 32 common.....10 • Preferred B * Preferred BB * Cities Serv Pr 8c Lt 16 pref..* t7 preferred • City Auto Stamping Co ...* City 8c Suburban Homes...10 Clark Controller Co ....1 Claude Neon Lights com 1 800 Clayton & Lambert Mfg Co.* Prefer rod... 39 56 30 8X Sale Sale 3X 37 58 63 X 7X Sale 19 3034 36X 434 Sale 334 3% 39 Sale 5X 2 11734 Nov. 5 7534 Nov. 934 Nov. 34 Nov. 4 3 5834 Nov. Sale Nov. 1 23 Nov. Nov. 15 29 834 Nov. 2 434 Nov. 23 Nov. 16 134 Nov. 4 '■■4 3634 Nov. 5534 Nov. 20 26 57 IX Nov. 26 2 2 Nov. Nov. 16 27A Sale 3 X Sale Sale Sale 5 56 2X Sale 4X 4X 6X 734 67 X Sale 2X 434 6X 66 X 2X 2X 434 4h 734 Sale 83X Sale Sale 3X Sale 1 34 1 Sale 19 1 1234 13 X 3X Sale 4X Sale 64 68 65,900 3,200 18,100 6,100 22,300 1,400 1 16 15X 6X Sale Sale 71 60 Sale 4 Sale 3X Nov. 23 IX 6X "134 Sale IX Sale 134 Nov. 18 5X Nov. 28 83 X Nov. 28 10 Consol Steel Corp common. pr X Sale 6 82 X 85 Cent Roll 8c Steel Fdy com. * 9* 9X Sale 8X Sale 8X 434 Nov. Nov. 28 8 Sale 8X Nov. 21 9 634 Sale Copper Range Co ~4X Copperweld Steel com.....10 Corroon 8c Reynolds.... ...' 19 148,000 18,400 70 " 28 Sale 3 78 IX Sale 6X 7X 70 2 13 X 5% preferred............50 ~6X ~~6~34 "Ex "5X 26 22 60 14 Conv pref A........... Sale 234 Sale Cosden Petroleum com... Sale Sale 68 75 X Sale 26 X 2X 5 Nov. 10 934 Nov. 14 11 3,200 249,600 86,000 105,400 3,940 17,500 9,800 Engine Bldg Corp..._..100 Creole Petroleum com ... Crocker Wheeler Elec Mfg.. Croft (The) Brewing Co.... Crowley Mllner 8c Co com Crown Cent Petrol (Md) 5 Crown Cork Internet cl A..* 51,800 Crown Drug 900 25c common Preferred... ...... 1H Sale ....... .....5 31,200 Darby Patrol Corp 7,200 Davenoort Hosiery.........* 38,500 Dayton Rubber Mfg........* Class A 35 4,700 9,100 Dejays Stores Inc common..1 380 Dennison Mfg 7% pref....100 "i" X 21X 1 Sale Sale 9 34# Sale 334 434 3 Sale 9X Sale IX Sale 18X Sale X Sale 2234 Sale 834 8X X Sale 334 5 234 334 934 11 134 IX 2134 Nov. 734 Nov. 28 34 334 234 934 . Nov. 2 Nov. 28 Nov. 18 Nov. 26 1H Nov. 4 Nov. 1 18 Sale % Nov. 10 Nov. 2 334 Nov. 2 4234 Nov. 29 10934 Nov. 1 17 3X 26X 4X 32 3X 45 109 34 7 9] 71 16 6 Sale 12 X 8X 20 7 "334 4 Sale 3 43 334 45 Sale 8X Sale 1634 Sale 1634 Sale 2534 2534 5X Sale • Detroit Gasket 8c Mfg Co 1 8X 6% preferred w w 20 Detroit Gray Iron Fdry com 1 14 X 34 2434 1034 34 334 334 11 134 1834 34 17 334 4734 10934 Nov. 5 Nov. 12 Nov. 9 Nov. 7 Nov. 15 Nov. 9 Nov. 3 734 Sale 15 16 1434 Sale 23 5 25 534 734 1634 1434 2434 434 Nov. Nov. Nov. Nov. Nov. 32 Nov. 134 Nov. 9X 15X IX Sale 2X 234 234 Sale Detroit Mich Stove Co 1 Detroit Paper Products 1 Detroit Steel Products.. * 31 33 Diamond Shoe Corp com....* 16 834 Sale 1434 15 134 Sale 2 234 234 2 34 3034 3134 Sale 5 2X £1 Liquors Corp 2134 334 2?* HIS 10 15 1234 Sale 8 lix 100 6,900 Ouke Power Co 15,700 Durham Hosiery cl B com...* 58,100 Duro-Test Corp common... 1 * 20,900 Duval Texas Sulphur 261,800 Eagle Picher Lead Co.....10 44,800 Eastern Gas 8c Fuel Assoc..* 6% preferred 100 29,900 4H% prior preferred 100 15,625 2,450 Eastern Malleable Iron Co.25 23,900 Eastern States Corp com $7 preferred series A..... 8,525 t6 preferred series B ♦ 10,375 4- For footnotes see page 53. 62 ...» 8,500 Driver Harris Co common.. 10 7% preferred ......100 210 1 31.100 Dubllier Cond Corp com 20 14 29 ' 3 4 13 8 3X 24 33* "~2X "~3~~ 2134 334 2134 334 1134 1234 2134 3 34 834 1034 134 64 18 134 Sale 134 634 Sale 734 Sale 834 2 34 27 49 IX Sale Sale Sale 5034 IX 2234 6134 Nov. Sale 25 134 Sale 66 Sale 4X Sale 5X Sale 0x4 734 Sale ~ 1334 Sale 2 13 X 24 134 24 24 Sale 1434 Sale 134 2534 Sale 6 234 Mar. 25 May 7 102 Jan. Jan. 34 2 1 7 1 Nov. Nov. 134 Nov. 19 19 110 Sale 134 Sale 64 6534 64 3 34 334 4 34 5 534 Sale 734 734 Sale 1734 1134 134 1134 1934 134 Sale Sale Sale Sale 11 134 Jan. 20 June Nov. 22 Nov. 4 934 Nov. 12 1534 Nov. 9 2 Nov. 10 234 Nov. 15 234 Nov. 1 3134 Nov. 2 16 Nov. 1 334 Nov. 3 21X Nov. 18 334 Nov. 16 834 Nov. 14 13 Nov. 9 67 Nov. 9 Nov. Nov. Nov. Nov. Nov. 30 134 Nov. 28 1134 Nov. 28 19 Nov. 30 834 Nov. 2 134 Nov. 23 n 20 134 2134 23 Nov. 18 20 22 20 Nov. 28 2234 Nov. 10 11034 Nov. 30 134 Nov. 10 67 Nov. 9 534 Nov. 534 Nov. 834 Nov. 2 1 9 1434 234 1534 2734 Nov. Nov. 9 7 9 9 13 Nov. 16 Nov. Nov. 134 Nov. 9 2434 Nov. 10 2434 Nov. 9 25 12 12 Sept. 29 134 July 34 Jan. 10 Nov. 2 Nov. 2 Nov. 14 Nov. 28 11034 14 Mar. 31 Mar. 1 Jan. 134 Feb. 14 2734 Jan. 12 1034 Nov. 9 % July 29 5 Jan. 15 5 Jan. 12 1134 July 22 234 Nov. 18 8 Sept. 26 22 Nov. 17 Nov. 12 21 13 Aug. 18 534 July 29 4734 Nov. 15 10934 Nov. 1 10 Feb. 8 24 1034 Aug. 8 1634 Oct. 25 334 Mar. 25 34" Nov. 22 234 Nov. 19 3 334 July 7 Nov. 4 234 Jan. 10 1334 Jan. 10 Mar. 28 Jan. 3 14 Nov. 14 July 7 Aug. 2 75 May 18 Mar. 31 3 14X Nov. 28 934 1134 34 1734 3 34 Xs • 30 534 Mar. 31 10 May 13 534 Apr. 1 17 Apr. 29 20 Dominion Textile Co com.. 3.040 Draper Corp.. 21 May June Mar. May June June 834 Nov. 10 1634 Nov. 1 1734 Nov. 10 26 Nov. 9 2 30 1034 Oct. Mar. 29 30 3 30 22 28 834 Nov. 30 1434 Nov. 29 134 Nov. 5 July 20 8734 Oct. 28 7 134 Jan. 73a Oct. 26 86 Oct. 25 X Jan. 8 11 Nov. 10 1134 Sept. 7 5434 Mar. 14 434 1834 134 53 34 34 43a 2 Nov. 18 Nov. 15 Nov. 1 Nov. Distillers Co Ltd— 1,900 22,900 Divco-Twln Truck Co com.-l 1 2,300 Dobeckmun Co common 21,300 Dominion Steel 8c Coal B..25 4X Mar. 28 14 534 Nov. 13 15 28 2834 Nov. 18 1 Jan. 14 14 Nov. 16 Nov. 1 Nov. 7 * Am dep rets ord reg 234 Mar. 25 70 July 19 134 June 10 2 34 Mar. 30 6734 Apr. 26 May 26 434 May 27 634 Mar. 25 51 Apr. 27 634 June "ix "2" "I34 "ix 36,400 Derby Oil 8c Ref com A conv preferred...... 550 Distilled 34 Nov. 29 34 Jan. 134 Oct. 3534 Oct. Mar. 30 634 Oct. X X 23 X Sale 634 Sale X Xt 3X 334 434 4X 9X 11 ..25 * 16.099 Crystal Oil Ref Corp com 6% preferred 10 2.039 6,400 Cuban Tobacco com v t c...* * 8,750 Cuneo Press com 634 % preferred.........100 530 5 250 Curtis Mfg Co (Mo)..... 8,700 3,700 62,400 12,300 17,700 31,300 2,125 8,825 9 Nov. 14 634 Nov. 14 27 Nov. 18 3 Nov. 1 75 Nov. 4 134 Nov. 1 734 Nov. 10 21 Am dep rets for ord stk req Cramp (Wm) & Sons Ship & 6334 Nov. 2 434 Jan. 7 16 Aug. 23 t 134 Nov. 23 734 Nov. 9 8534 Nov. 7 1034 Nov. 8634 Nov. 25 1634 Nov. 9 734 Sept. 13 834 Oct. 17 Mar. 31 74 July 23 55 Nov. 16 Aug. 3 117 113 134 May 10 2 /lft Apr. 6534 Oct. 26 48 X Apr. Jan. 3 ..21 Gourtaulda Ltd.. 1,300 Nov. 28 8 Nov. 7 534 Nov. 29 2534 Nov. 15 234 Nov. 30 75 Nov. 4 34 Nov. 15 534 Nov. 23 20 29 334 Jan. 10 434 Aug. 17 934 Nov. 10 3 3 04 preferred..............* Cooper Bessemer Corp com.. $3 prior preferred........ 27 23 10 17 4 Mar. 30 11 2 y X 9X Sale 834 9X Continental Oil of Mexico..1 Cook Paint 8c Varnish Co 87 84 pref...100 Nov. 61 Oct. Feb. Jan. Nov. Aug. Jan. 24 . 834 Nov. 9 72 Nov. 1 117 Nov. 16 134 Nov. 16 6534 Nov. 14 X Sale 64 X Sale 61 1734 Sept. 16 X Apr. 9 9 Nov. 7 Xt Nov. % Sale Feb. " Mar. 29 16 3 1634 Nov. Nov. Nov. 69 7134 / 2 2834 Nov. 18 1 Nov. 1 Nov. 6X Nov. 634 Nov. o? 12 Aug. JNOV. 16 16X Sale 7 ........100 Consol Royalty OH Cont'IGfitE7% Sale Sale 47 X June 20 234 Sept. 26 134 Nov. Nov. 4 X Sale 57 64 B Retail Stores Inc com 8% preferred 6X 834 72 2 2 6334 Nov. 334 Nov. Nov. 1 X Nov. 12 115 5% preferred A.........100 Consol Gas Util com 1 620 14,300 113,600 4,075 2,700 50,700 3,700 110 .... 28 Nov. Nov. 10 Nov. 25 134 June ' 3 334 Mar. 28 334 Mar. 26 45 Mar. 30 33 25 Sale X Sale Sale Sale 25 X X Consol Copper Minss 5 Con Gas E L 8c P Bait com..* 22,800 Cons Mar. 18 7 2 Nov. Xt Nov. 25 Nov. 5 Nov. 26 1 IX X 29 Compo Shoe Machinery— Consol Min 8c Smelt Ltd Mar. 30 1334 July % Sale X Sale IX Sale 234 434 934 8634 234 Nov. 30 Commonwealth 8c Sou Corp Warrants 275,090 4,700 Commonwealths Dlstribut_.l Community P & L $6 1st pf. 7.750 Community Public Service— Common 25 12,550 15,300 Community Water Serv .....1 Nov. 23 Nov. 2 Nov. 28 Nov. 3 575* Nov. 18 Sale 2X Sale 58 5% Conv preferred .100 4,200 1 284,270 Columbia Oil 8c Gas com * 75 Columbia Pictures Corp 1946 3934 634 334 234 1234 634 634 May 13 Columbia Gas 8c Elec Corp— c ext to 18 Mar. 11 334 Mar. 29 134 Nov. 26 7 22 23 4 8 3034 Feb. Nov. 1 534 Nov. 9 134 Nov. 19 234 Nov. 17 9 Nov. 9 4X Nov. 30 8 114,800 Colon Development Co Ltd. 22.500 6% convertible preferred£l 82,000 Colorado Fuel 8c Iron warr... 35.600 Colt's Patent Fire Arms Mfg25 V t 834 Oct. 434 Nov. Jan. 234 Jan. 20 3 Jan. 1 Cohn & Rosenberger com. Consolidated Biscuit Co 67 72 234 Mar. 18 Sept. 29 39 33 X Nov. 18 37 4X Sale IX IX 2X Sale 36 Cockshutt Plow Co Ltd...-* 13,300 33,900 592,500 18,300 2,450 35,500 18,300 46 13 19 17 X Nov. 28 1 Nov. 25 May 10 May 4 Feb. 23 Feb. 23 5 Mar. 24 2 5 4734 May Mar. 28 Mar. 30 Feb. 3 Feb. 8 Nov. 4 May 10 11 534 Sept. 14 2134 Mar. 30 Nov. 9 4334 Nov. 234 Mar. 26 2 IX Club Aluminum Utensil com * 40 14 10 6X Nov. 28 4X Nov. 23 " Sale Mar. 30 11734 Nov. 25 Jan. 3 7934 July 19 934 July 22 634 Mar. 30 % Jan. 10 34 June 1 2034 Mar. 31 5834 Nov. 23 97 25 Nov. 29 42 X Nov. 28 45 Nov. 26 4834 6X 1 Nov. Nov. 36 X Nov. 18 4 Nov. 4 33 Nov. 16 Sale 19 2 184 Highest Sale Prices 6X Nov. 29 Sale 7 IX Sale 5X Lowest Sale Prices 46 4234 Sale 3X 334 33 X Sale 20" 1634 "20 134 Sale ..100 JX 35 Sale Cleveland Elec Ilium com...* Sal Sale 45X 6X 3 Cleveland Tractor com.....* Cllnchfield Coal com 9~34 "9 ™ 31 Cities Service 10,750 29,300 5,300 38,900 1,400 1,000 Sale 71 X Sale 00^ Highest Sale Prices U4X 67 X 7X 3f# 117 116 Sale 28 .100 Lowest Ask Ask Bid Bid Sale Prices Nov. 30 Nov. 1 1938 Jan. 1 126,000 111,400 10,300 1,350 5,000 5,925 68. m 4,400 5,050 122,100 RANGE SINCE JAN. 1 IN NOVEMBER PRICES sales Since 43 CURB EXCHANGE "SOUK NEW DEC., 1938] 1734 Nov. 10 Nov. 9 734 Jan. 17 40 Jan. 28 334 Jan. 7 58 Feb. 17 26 Mar. 14 134 Sept. 22 3734 June 10 July Nov. July Jan. 334 July 35k Oct. 1634 Sept. 934 1534 234 334 534 June 17 l034 Mar. 25 134 Mar. 29 134 May 27 154 May 28 14 Mar. 30 11 May 13 234 Oct/ 5 9 Jan. 6 9 19 11 23 15 8 8 2434 Feb. 28 334 Jan. 18 13 Jan. 24 2134 Nov. 2 234 Mar. 30 834 Sept. 28 9 Sept. 14 67 Jan. 14 47 Mar. 31 1634 July 25 Jan. 14 Nov. 9 67 67 Oct. 28 1134 Mar. 28 24 June 27 11034 Nov. 20 2 Feb. 28 34 Sept.14 Nov. 9 54 Mar. 29 67 534 Nov. 2 34 Jan. 27 3 34 Mar. 30 634 Jan. 7 6 934 Feb. 1 May 6 103 7 Mar. 29 134 Sept. 26 Sept. 28 19 Nov. 30 634 Apr. 21 34 Mar. 30 14 Mar. 29 13 Mar. 30 1434 Nov. 9 334 Jan. 11 Jan. 13 52 May 13 13 Nov. 16 1 X Jan. 8 26. Jan. 18 26 Oct. 27 31 10 . NEW AGGREGATE YORK SALES Since November Shares 350 2,600 3,800 253,400 11,000 4,100 1938 4,100 5,000 400 3,300 2,000 350 420 Par Easy Washing Mach class B_* Economy Groc Stores com..* Edison Bros Stores Elsler Electric Bid 3X 5 67 60 ... ___ Electric Pow Ac Lt 2d pf A Sale Sale £254 Sale £2*4 Sale ♦ 4h 254 74 • Electric Shareholdings com.l <6 Cony pref with warr.. Electric Shovel Coal Co— $4 participating pref 16*4 Sale Sale Sale Sale 254 2X Sale 15X IX 10 X 65 X 57X 2*4 2X 26 X in 2 2X 7354 71 82*4 Lowest Highest Sale Prices Sale Prices Sale Prices 254 June 20 4X Jan. 3*4 Nov. 15 Nov. 13 . 17,900 Electrographlc Corp 30,500 Electrol Inc ▼ t c 1*4 Nov. 23 9*4 Nov. 28 Nov. 10 Nov. 42 Nov. „ 57 Nov. 5 Nov. 28 2*4 x2X 26*4 4 154 Nov. Nov. Nov. Nov. Nov. 72 Nov. 17 76 Nov. 18 1054 Nov. 30 1*1 Nov. 1 24*4 Nov. 7 60 . Nov. 3 2 2 Mar. 29 30 33 Nov. 3 5*4 Nov. 9 2*4 Nov. 10 22 700 50 400 450 150 5,200 11 1 16 1*4 Elgin National Watch Co__15 50 200 18,600 Emsco Derrick Ac Equip Co.5 186,500 Equity Corp common. 10c 124,000 Esquire-Coronet.......... 50 1,000 Eureka Pipe Line 1054 1*4 Sale IX 1*4 Nov. 17 57*4 ~65X 42 X Sale 4354 Sale 39*4 43 39X 44X 58*4 Nov. 10 40*4 Nov. 29 IX "35 52 58 36 47 49 50*4 54 38*4 46 37 Sale Nov. 9 47 52 854 28 10' 31 152,800 Fairchlld Aviation com.....1 1,200 28,900 Falstaff Brewing 1 5,500 Fanny Farmer Gandy com._l 7,800 Fansteel Metallurgical Corp* 400 600 5 14,200 Fedders Mfg Co common.. 10,000 Fed Compress Ac W'house..25 30,000 Ferro Enamel Corp com .1 1,800 Fiat Amer dep rets........ 55,500 Fldello Brewery 1 ...10 4,532 Fire Assoc of Phila 216,200 Flsk Rubber Corp common.. 1 6% preferred ...100 3,450 23,000 Florida Power At Lt $7 pref • 1,200 "2~300 200 7,000 600 17,400 400 1,150 100 Ford Hotels Co Inc ~4", 800 60,300 5,675 850 ,7 21 5X IX 20*4 21*4 VIX % Sale 954 Sale 7X 2154 22 X 19 X 19 X 36"" Sale" 74X Sale 12 Sale 65 Sale 77 X 75*4 15*4 Sale 15*4 16 23 Sale 6 * 54 55 5*4 Sale 7 Xe 64 X 10*4 75 7 4 4 6X 7 h % * Class B * 100 300 900 10,400 Franklin Rayon Corp 5*4 554 2 2X 6*4 9 25 28 Jan. 27 32 Jan. 28 Jan. 26 27 Feb. 28 46*4 Nov. 15 Nov. 7 JX Nov. 21 *4 Nov. 23 9*4 iNov. 29 8*4 Nov. 7*4 21*4 4*4 7 Nov. Nov. Nov. Nov. 5 22 21 29 23 Nov. 28 8*4 Nov. 28 73 Nov. 18 3*4 Sale IX 154 10*4 954 4 4*4 3** Nov. 16 Common.. Partic 1,050 1,400 10,150 9,500 Fruehauf Trailer Co .....1 ...1 2,100 Fuller (Geo A) Co com $3 conv preferred.........* 2,500 $4 Conv pref. 1,550 200 100 400 10 conv 15 preferred 8X 160 Gamewell Co $6 1,400 Gatineau Power Co com....* 250 5% preferred...........100 1,800 21,600 General Alloys Co * General Elec Co of Great Brit 1,100 12,600 29,400 American dep receipts £1 Gen Flreprooflng com ...* 100 General G & E $6 pref B * 100 3,000 ""'§66 190 340 400 4,700 500 • 22,700 Gen Investment Co com.... $6 Preferred 700 ...* Warrants....... 108,100 950 Gen Outdoor Adv 6% pref.100 * 1,560 General Pub Serv $6 pref * 2,400 General Rayon A stock 40,500 General Telephone Corp...20 $3 conv preferred.........* 2,300 mmmmrnm-tm 17 X Sale 1,500 ""*366 40 """260 4,500 10 670 200 39,400 ,450 1,100 100 400 390 Sale 16 20 8*4 9*4 7554 Sale IX 2 18K'JL9H 11*4 Sale X 48 22 X com.. $5 preferred Gilbert (A C) Co com Preferred 1 ._* 65 38 Wx'idX ....* . $7 preferred 600 3,425 2,500 4,400 3,300 77,600 4,400 13,500 12,800 c agreement extended.* Grand Rapids Varnish Corp * com. .10 Gt Atl At Pac Tea 1st pref.100 Nonvoting common stock * Great Northern Paper Co. .25 Greenfield Tap At Die com..* Grocery Stores Prod— Common 25c Grumman Aircraft Engineer¬ ing Corp common. 1 216,200 10,700 Guardian Investors common 1 480 700 200 1,900 100 2,200 2,100 4,700 7,000 S5.50 preferred 14X X 25 70 14 46 X 200 18,900 600 400 200 150 1,000 1,300 300 500 6,600 For footnotes see Brewing Co Hat Corp of Am cl B Hazeltine Corp • 5 1 com 1 • Hearn Dept Stores common.5 6% conv preferred 50 Hecla Mining Co. 25c Helena Rubenstelnlnc.....* Class A Heller (W E) At Co common..2 7% cum pref w w ...25 Hewitt Rubber Corp com...5 Heyden Chemical Co .10 Hires (Chas E) Co class A * Hoe (R) Ac Co class A ....10 Hollinger Consol G M 5 page 53. 9 22 Nov. 10 Nov. 30 9 54e Nov. 1 Nov. 9 68 10*» Nov. 2 77*4 Nov. 17 Nov. 2 4*4 Nov. 1*4 Nov. 9 7 6*4 Mar. 28 1654 Mar. 31 Mar. 30 4 4*4 32 14*4 9*4 Mar. 30 Jan. 31 Sept. 26 Nov. 28 % Sept.16 39*4 Apr. 4*4 Mar. 31 48*4 Mar. 29 Mar. 28 26 £8*4 Sept. 19 1454 Mar. 31 Nov. Nov. 16 78 Nov. 16 78 Nov. 14 89*4 Nov. 21 2*4 Nov. 14 75 18 1854 Nov. 14*4 Nov. 10 1654 Mar. 18 46 13*4 Sale 18 18*4 13*4 14 *4 *4« 52*4 Sale 16 48 1*4 Nov. 16 Nov. 29 13*4 Nov. 16 3 lit Nov. 28 _ Nov. 9 1 47 Sale 49*4 S 7 32 4*4 32 §154 28 6% Sale 43X 38*4 6 5X 27 12 7% 5X 28 X 15 8 35X Sale 7X 31*4 5*4 8 33*4 6*4 Sale 6 3254 12*4 3454 13*4 *4 254 Sale 3*4 2054 22*4 6 6 8 28 31 5*4 < 554 Sale" 31 32*4 10*4 12*4 2X 19 X 3 Sale 17 X 8 20 Sale 9X 5X 4X 119X 12054 46 Sale *1% 3i* 254 3*4 37*1 Sale6 22*4 Sale 14 'mNov. May 6 2 77*4 Nov. 30 65 Feb. 4 51 30 Mar. 29 1 3 Nov. 16 Nov. IX 1 1 4X 14*4 6 28 8X 56 w 7 34 Sale 18. §* 6X 7X 16*4 Sale *4 Sale 39*4 100*4 Sale Sale 98 8 3 2*4 10*4 Sale 60*4 58 % 1*4 4*4 27 37 12X 13X X Sale Sale Sale 18*4 Sale « „ .X 38*4 Sale 100 90 5*4 Sale 98 95*4 Nov. 26 Nov. 25 32*? Nov. 30 81*4 Nov. 18 82*4 Nov. 15 7 Nov. 16 31X Nov. o 5*4 Nov. 12 Nov. 23 Nov. 12 5 30 10*4 Nov. 28 97 Nov. 14 *4 Nov. 1 2*4 Nov. 18 19*4 Nov. 30 21 Nov. 100 Nov. 4 9 2*4 Nov. 30 1* iB 4*4 Sale 2854 Sale Nov. 29 Nov. 16 27 Sale Sale I* 27 4*4 7 754 10*4 40*4 57 9*4 38 52 15 14*4 9*4 7*4 5 1 8*4 8 54 8*4 454 6*4 8 10 2454 9*4 41 38 57*4 56 8*4 854 14*4 £1454 Mar. 30 72 July 6 4*4 Apr. 19 26*4 Mar. 22 Nov. 7 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 1 1 Nov. 14 88 2 Feb. 16 Apr. Xt May 27 Mar. Mar. Mar. Mar. 117*4 Apr. 13*4 *4 5*4 3*4 36 8 1 Mar. 29 254 Nov. 23 *4 Mar. 29 19*4 Nov. 18 fit 41 Nov. 12 Nov. 33 Mar. 31 £10054 Nov. 28 90*4 Nov. 9 81 72 5 Feb. 17 June 10 254 Nov. 14 11 Nov. 15 61 Nov. 9 154 Nov. 14 lit Nov. 16 1*4 Nov. 1 5 17 28 28 12 23 1 5 Nov. 16 26 21 15 Nov. 9 Nov. 7 Nov. 25 8*4 Nov. 25 854 Nov. 16 28 7 2 8*4 May 21 *4 Sept. 24 9 10 Nov. 10 Nov. 10 Jan. IX 9 50 % Nov. 16 20 6*4 254 5*4 Mar. 28 June 2 Mar. 29 Mar. 29 Apr. 20 May 27 Mar. 23 Sept. 27 Mar. 19 5*4 18 Mar. 17 41*4 Nov. 10 27 57 40 Mar. 31 Mar. 21 15 Nov. 2 3 28 16 27 17*4 Feb. 23 99*4 Oct. 28 lit Jan. 17 3*4 Oct. 26 24 July 29* 35 72 Jan. Nov. 3 1 Jan. 6 Jan. 7 Nov. 26 Aug. 17 Nov. 23 39*4 Nov. 854 Aug. Jan. 9 8- 8- 19*4 Nov. 18 Xt Nov. 12 46*4 July 25 Oct. 19 90*4 Nov. 9 7*4 Oct. 13 3*4 July 25 12 Mar. 30 Nov. 17 17 17 64 6 9X Nov. 25 Mar. 28 54 254 1354 4*4 June 23 Feb. Apr, 1 Apr/ 29 1 20 654 Jan. 7 July 5 101 Mar. 28 Oct. 7*4 Oct. 28 22*4 26 1*4 31 9*4 30 11*4 6 125 25*4 Apr. 19 4*4 Mar. 30 22 15 7 % Nov. 2 2*4 Nov. 18 21*4 Nov. 10 29*4 Nov. 26 6*| Nov. 10 19 95*4 Nov. 26 97 9*4 Sept. 16 Sept. 27 Nov. 3254 Nov. 30 82*4 Nov. 15 26 Mar. 31 19 14 9 54 July 23 Oct. 26 *n Aug. 6 80 July 21 53 July 26 1*4 Jan. 7 16*4 Nov. 26 48 Sept. 6*4 Nov. 32*4 Nov. 12*4 Nov. 4 Apr. 454 May 27 13 58 5 1 8*4 Nov. 14 90*4 Nov. 1*4 Sale Mar. 30 Oct. Nov. 12 Sept. 1 Sept. 8 Oct. 14 1954 Jan. 1554 Oct. 46 Nov. 9 18 Jan. 27 87 12 Aug 89*4 Nov. 21 2*4 July 6 62 Nov. 30 Nov. 23 Oct. 5*4 July 19' 41 72 1554 Nov. 3 lit Nov. 1 £37*4 Nov. 29 24 June 18 125 5 14 18 75*4 Oct. 28 £8*4 Sept. 19- May 10 4*4 Mar. 25 6 9 Nov. 1154 Oct. 30 39*4 Nov. 1*4 Nov. X Aug. 19 A* 40 31 77 X Oct. 7*4 Nov. 31*4 Nov. Nov. Nov. 68 Apr. Nov. 10*4 Nov. 30 9 60*4 Nov. 63 9 8*4 1454 Nov. Nov. Nov. 18 10 12 58 57 22*4 Nov. 1 54 Nov. 2 9*4 Nov. 10 11*4 Nov. 26 Sale 2*4 6 39 Nov. 10*4 Sale 62 Nov. 17 7*4 6*4 Sale 40 "§*4 'llVs 2 2*4 2*4 11*4 Sale 3*4 4 6*4 Sale 8 8*4 10 33X 5 *4 *4 Sale Sale 8X 7*4 Sale 10*4 9*4 Al* Sale £123 125 123*4 Sale Sale 59 Sale 68 57*4 Sale 39 36 3454 36 7 7*4 7*4 7*4 Sale Sale ix 4X 15X 16*4 Nov. 26 48 31 ltt 4 1 9 54 1*4 Sale Apr. 12 Sept. 27 _ 3 Nov. 9 *4 654 254 Sale 9X 11 2154 19*4 Nov. Nov. 47*4 Nov. 10 88 52 *4 Sale 2*4 254 19*4 Sale Mar. 30 9 41M Nov, 75 8 32*4 Sale 80 81*4 Nov. 16 7*4 Mar. 31 Apr. 2 1*4 Mar. 28 40 45*4 Nov. 29 *4 Nov. 21 Jan. 1454 Mar fit Jan. 14*4 Jan. 3 xl8 554 Mar. 30 12*4 6*4 Mar. 7 19*4 18 Mar. 8 25*4 28 Mar. 7 43 % Nov. 10 70 l«4 Sale Sale Sale 2 Jan. 23 954 Nov. 10' 21 Nov. 9 29 Jan 554 Jan. 18 2*4 Apr. 13 1054 June 6 43 4 12*4 Nov. 12 17 Nov. 8 32 Sept. 26 Mar. 18 Jan. 25 Apr . 2 Nov. 30 Nov. 1 Apr. 28 July 24*4 Oct. 24 20 18 Nov. 10 22 6 Mar. 24 15 38 2154 4 10 91*4 Nov. 50 * 600 Hartford Electric Light....25 25,400 Hartford Rayon com v t c..l 10,200 HartmanTobaccocom.no par Harvard Nov. 5*4 Nov. 9 754 Nov. 16 1 Nov. 18 X i\H ihH 41 * 20,300 Hall (C M) Lamp Co.. 3,800 Haloid Co 21,000 11,900 28,900 53,200 3,700 171,600 4,400 2,050 1,600 1,450 11,700 6,625 1,700 12,800 85,300 22 Nov. 49 1,850 Gypsum Lime At Alabastlne.* 1,800 10*4 Nov. 10 2 Nov. 30 Nov. 16 77 ... Gulf Oil Corp.. 870 Gulf States Utll S6 pref 220,000 320 50 % July 13 Mar. 26 10*4 Nov. 10 8*4 Nov. 3 15 Sale 2 1854 14*4 % *•« tGrand National Films Inc.l Gray Tel Pay Station 7 3 11 * ...... V t 8 he Mar. X Nov. 12 12 2 IX 18 54 X * * 84,400 Goldfleld Consol Mines * 3,400 Gorham Inc class A com S3 preferred __..* 3,350 9,600 175,000 6,400 110,000 4,750 20,055 15,400 46,300 15 Jan. 17*4 19 45 Sale Gorham Mfg Co— 1,500 8,200 1,100 11,300 Jan. 31 6*4 Mar. 30 ..100 * 1,000 Gilchrist Co ,.__.* 139.300 Glen Alden Coal Co 4,620 Godchaux Sugars class A...* Class B ♦ 20,100 20 8,600 6% preferred A Gen Water Gas Ac Elec $3 preferred 1,000 6,990 Georgia Power S6 pref 625 11 13 29 9*4 Nov. 10 11*4 17 Gen Tire Ac Rubber-* 580 16 17 Sale 11X 40 X ...... 40 Oct. 4*4 Nov. 14 * pref conv 40 1,400 Feb. % Jan. 8*4 Nov. 2 1754 Nov. 28 9*4 8*4 1754 5 5 5 5 12 41*4 Nov. 4X 8 17 X May May May 55*4 May 58 56 22 87 4X 27 Nov. 7 Nov. 10- 12 31 31 20 % Nov. 11*4 Nov. 78 4*4 4 14 31 Oct. 1754 May 6*4 Mar. *4 Mar. 7 May 19 Sept. Nov. 15 Nov. 7 Nov. 28 Jan. Jan. 2*4 24*4 5854 57 X 28 3*4 1 *4 754 254 " 6 13 Nov. 75 Sale 28 14 554 July 1 2 54 July 1 76 July 29 Nov. 23*4 Nov. 9 24*1 Nov. 10 IX IX 28 Jan. 11 63*4 Nov. 29 Sale Oct. 6*4 Oct. 35 4654 Nov. 20*4 Nov. 29 20*1 Nov. 28 21X 13 15 17 17 22 21*4 Sale Froedtert Grain Ac Malting 12,000 1,900, 1 "66*4 Sale" Sale 4 10 6*4 7*4 14*4 Sale 8*4 9*4 3*4 com. 23 X 1654 June 14 31*4 Jan. 10 Nov. 22 61 62 U Sale 9 5 Nov. 19*4 Nov. 1 9*4 Nov. 28 *4 Nov. 1 Sale Sale ui« Oct. 45 ... Ford Motor of Canada cl A Ford Motor Co, Ltd, Amer dep rcts..Ord reg £1 59,670 900 Ford of France Am dep rets.. 2,400 Fox (Peter) Brewing Co 5 3,800 6j| 20 5 6*4 8X Sale 8X 8X 20 h 21X 5*4 5*4 7X Sale 2*4 Sept. 16 10 Mar. 30 46 *4 Nov. 28 57,400 Apr. 4 Apr. 21 Nov. 29 954 % Sale 954 Sale 17 X 21 % Sale 11*4 Sale 17 23 9 Mar. 31 Mar. 29 Nov. 29 9X 954 Sale Nov. 15*4 2*4 1*4 60 41 22 "9} 5854 Nov. 10 48 36 40 European Elec Co of Can— Option warrants 26,900 5,800 Nov. 29 21 3,100 Empire Diet Elec 6% pref.100 19,180 Empire G At F 7% pref 100 9,650 8% preferred.... 100 6,725 6% preferred .......100 1,250 6X% preferred... 100 2,650 Empire Pow Corp part stk. 2,700 18,400 19,400 1054 Sale 10 IX Oct. Mar. 30 Mar. 30 2 3 26 Jan. Oct. Oct. Mar. 30 2*4 Nov. 63*4 Nov. 12 28 1 18 Nov. 7 Nov. 14 10*4 Apr. 2 54 Mar. 30 4*4 Mar. 31 * com 26 Nov. 14 ' 1,600 1,700 Jan. 15*4 Nov. 28 10 5 4 Highest Sale Prices 3*4 Nov. 29 14*4 Nov. 7 3X Sale 3*4 Sale 15*4 16 IX IX 13 X Sale $6 preferred ....* $5 preferred ....♦ Electric Power Associates 1 Class A .1 warrants 1 Lowest Ask Ask Bid Bid Sale .1 com Nov. 30 Nov. 1 Ask 2 Electric Bond Ac Share Option RANGE SINCE JAN. Jan. 3 STOCKS (Continued) 34,600 2,250 17,000 35,600 2,553,800 95,900 31,400 71,600 38,400 13,440 53,600 33,700 4,545 2,900 NOVEMBER Price Jan. 1 8hares IN PRICES NEW YORK* CURB EXCHANGE In EXCHANGE CURB 5*4 Mar. 29 11*4 Mar. 18 Jan. July 19 254 Aug. 25 1*4 Jan. 154 Oct. 10s Jan. 18 29*4 Oct. 21 Jan. 30*4 Oct. 11 21 12 IT 6 9 5 Oct. Nov. 25 8*4 Nov. 25 8*4 Oct. 26 21 Nov. 10 1154 Sept. 8 41*4 Nov. 10 57 Nov. 17 13*4 July 18 ~i Aug. 4 NEW DEC., 1938] AGGREGATE NEW YORK CURB EXCHANGE Since .November Shares 1,000 250 500 1,350 70 750 22,400 1,800 800 50 100 1,800 500 6,300 8,900 9,200 1,550 100 800 14,300 1,500 600 1,100 1,100 20 10 125 Par 10,200 Holophane Co Inc common.* 1,785 Holt (H) & Co class A * 1,500 Hormel (Geo A) & Co com...* 2,600 Horn (A C) Co common.....! * 13,925 Horn Be Hardart com... I,070 5% preferred.... ...100 3.050 Hubbell (Harvey) Inc......5 179,000 30,200 * Humble Oil & Refining Hummel-Rosa Fibre Corp—5 600 Hussman-Ligonier Co....—* 300 1,500 Jan. 3 5,500 fHuyler'a of Del com.....—1 5.000 7% preferred stamped..100 100 7% pref unstamped....100 3.800 Hydro-Elec Secur com ...* 26,900 Hygrade Food Prod.. ......5 8,300 Hygrade Sylvanla Corp—..* 56,500 69,400 58,700 25,900 * Illinois Iowa Power Co.. 5% pref erred ...... .50 conv Dlv arrear ctfs.. ....... ...♦ Illinois Zinc Co 150 Illuminating Shares Co A...* Imperial Chem Indus Ltd— Am dep rets ord reg 1,900 _.£1 150.800 Imperial Oil (Canada)... * Registered ....._...* 13,100 9,500 Imperial Tobacco Co of Can.S 5,830 Imp Tob of Gt Brit ft Irel__£l 10 13,200 Indiana Pipe Line 2,800 Indiana Serv Corp 6% pfd 100 1,210 7% preferred 100 850 Ind'pollsPflcL6H% pf-100 Bid 12 Ask Ask Bid Bid 1434 1454 554 954 9 334 5 54 23 54 Sale 954 Sale 634 16 Sale 8 12 Sale Sale Sale 64)4 Sale 4)4 334 Sale Sale 534 6 10 12 500 1,100 50 7.400 600 7,200 200 Non-voting class A ...* 2,200 Class B stock * 2,400 2,800 Industrial Finance v t C-.—1 2,125 7% preferred —...100 10 48,050 Insur Co of North Amer 8,100 Internet Cigar Machinery..* 62,900 Int Hydro-Elec 13.50 pref..50 "A" stock pur warrants 4,600 200 4,900 14,500 500 700 4,900 200 300 "If. 500 6,800 '""220 700 750 11,300 1,800 13,300 1,200 1254 Nov. 30 14 Nov. 9 9 2 22 Nov. 15 18 June 22 6654 a 3)4 > Sale 5)4 1% f in 12 8 7 Sale 5 Sale 454 4 1934 Sale 554 Sale Nov. 15 Nov. 1 Nov. 9 8 ty. .154 23 Sale 534 Sale 22)4 Sale 634 Sale 934 9% 236,800 Internat Paper & Pow warr— 224,900 Internat Petroleum com....* 2,000 Registered * 45,400 Internat Products com......* ... 77.600 3,900 7,000 57.700 4,000 3,130 II.100 54.700 37,800 International Radio Corp..l Internat Safety Rasor cl 154 Nov. , .* Class 1 B $1.75 preferred... ......* $3.50 prior preferred......* U Nov. 28 1834 Nov. 18 534 Nov. 29 Nov. 22 Nov. 10 6754 Nov. 26 454 Nov. 9 12 Nov. 4 54 Nov. 1 854 Nov. 23 Nov. Nov. 8 5 1 9 154 Nov. 9 2554 Nov. 14 554 2254 634 954 56 Nov. 1 Nov. 1 Nov. 9 Nov. 16 Nov. 10 754 Nov. 23 17H 1734 gale Sale 15 X 31% 32% 7 734 11 Sale 15% 8634 —- 1* Sale 1 54 18 56 20 34 Sale 16 % 154 34 1% H tU Sale 67 22 34 23 2234 Sale g g 54 154 154 54 6654 Sale 21 2254 1754 Sale 234 Sale Sale 8% Sale 27 Sale 2754 Sale 3 34 5 5 54 11 — o 734 10 34 Sale 8% 10 2634 30 334 Sale 3:2654 Sale 2654 27 354 Sale Sale 254 2654 334 29 34 Mar. 24 454 Mar. 28 754 Jan. 8 Mar. 29 3 154 June Nov. 18 1 Nov. 7 5{ Nov. 4 934 Nov. 3 6654 Nov. 28 2154 Nov. 10 1754 Nov. 28 1 June 15 2 Mar. 29 12 Mar. 29 3 Sept. 26 534 Mar. 31 4834 Jan. 3 U78 Nov. 28 2654 Nov. 30 Nov. 23 354 Nov. 1 28 Nov. 30 % Nov. 23 8 Nov. 2 54 Nov. 30 954 Nov. 29 33 Nov. 28 % 954 6954 23 Nov. 4 2254 Nov. 54 Nov. 754 Nov. 454 Nov. 2854 Nov. 2834 Nov. 454 Nov. 1 19 14 9 16 16 10 154 1454 34 854 54 Nov. 10 Nov. 10 Nov. 15 Nov. 1 10 35 Investors Royalty Co Iron Fireman Mfg com v t C Irving Air Chute com.... Sale 1 * 12X 54 * 214.500 Jacobs (F L) Co 15.200 Jeannette Glass Co I 1434 Sale 9 . Italian Superpower cl A 5 X Sale 154 2 54 56 1854 Sale 1754 Sale 56 54 454 Sale 154 Sale Sale 4 534 % 1534 17 56 554 Sale Sale Sale Sale Sale 4 154 154 Nov. 5 454 Nov. 1 4 554 % 1534 1654 Nov. 4 Nov. 21 Nov. 30 Nov. 4 Nov. 28 354 Nov. 28 154 Nov. 1 9 8 Nov. 554 July 234 Jan. 3354 Jan. 1 2 10 15 554 Nov. 1 2254 Nov. 1 634 Oct. 31 1354 Jan. 12 56 Nov. 10 Mar. 19 16 Mar. 16 1954 May 13 Oct. 27 Jan. 27 Feb. 24 54 Oct. 1 % Sept. 28 34 Nov. 4 July 2 13 Oct. 5 4834 Mar. 31 69, Nov. 1654 Mar. 24 854 Apr. 1 54 Feb. 17 6 Apr. 2 154 Mar. 26 21 Sept. 28 2254 Sept. 27 254 Mar. 31 23 Nov. 9 4 23 Oct. 7 Feb. 5 3 Mar. 31 28 54 834 454 3134 May 12 Aug. 4 Nov. 9 Mar. 4 31 Mar. 9 454 Feb. 25 1454 Nov. 10 5 1 Oct. Mar. 30 9 Jan. 6 Mar. 25 1 Jan. 12 May 14 Apr. 27 10 Nov. 17 35 Nov. 34 Jan. 6 4 June 10 Feb. 3 Nov. 2 9 Nov. 103 Mar. 29 3 15 7254 July 13 634 Jan. 10 12 July 7 54 Oct. 28 9 July 6 19 Sept. 854 Oct. Apr. 434 Nov. 634 Nov. 434 Nov. 5 5 Nov. 17 Nov. 9 634 Nov. 4 54 Nov. 21 1854 Nov. 1 1834. Nov. 2 5i Nov. 3 20 Oct. 82 Feb. 454 Sale 454 Sale Vitamin.....1 8J4 Oct. 1554 July 7 3734 Jan. 21 954 Aug. 1 654 Jan. New warrants International 1654 July 28 22 854 Jan 26 1954 Mar. 4 Nov. Nov. 18 Nov. 2 Nov. 10 Nov. 18 Nov. 9 1 3 15 30 9 10254 Nov. 17 11 5* 834 54 Sale 854 10 30 ; 34)4 8 Mar. 31 2 34 Mar. 29 1154 Sept. 13 Nov. Sept. Sept. Mar. Nov. 16 Nov. 1 Nov. 22 Nov. 19 28 34 28 Mar. 29 8 56 Nov. 10254 7 4 Feb. 1 254 Sept. 28 Oct. 5 2154 Jan. 27 36 9854 Jan. 4 10654 Nov. 30 Nov. 15 Nov. 17 1654 1534 3054 10134 102>4 101 1 May 554 Mar. 754 1454 1554 1354 Nov. 18 18 Sale 1754 15% Sale 654 7 zl654 Nov. 14 Interstate Home Equip com.l 700 Interstate Hosiery Mills * 5.650 Interstate Power $7 pref-—* 30,500 12,900 48,900 18,400 3 Nov. 30 23 , 7 56 4834 Sale B_* Internat Util class A 3 354 Nov. 28 Nov. 4 % Nov. 22 Sale Sale Sale Nov. 64 Sale 450 Internat Metal Indus cl A 75 35,500 20,000 Highest Sale Prices 2154 Nov. 3 254 Nov. 25 1254 Sale 754 954 Indian Terr 1 Hum Oil Co— 300 Lowest Sale Prices 13 23 14 34 Highest Sale Prices 354 Nov. 4 Nov. 30 36 Sale 3334 Nov. 16 36 10454 Nov. 12 10654 Nov. 30 10634 Sale 15 Nov. 9 12 Nov. 7 12)4 13 X 1154 6554 534 1234 54 634 634 4% 134 Ask 2% 3] 343 Lowest Sale Prices Nov. 30 Nov. 1 1938 STOCKS {Continue.' 1 Price Jan. 1 Shares RANGE SINCE JAN IN NOVEMBER PRICES SALES In 45 CUBE EXCHANGE TOEK Mar. 30 56 May 19 1154 Mar. 31 754 Mar. 29 54 Oct. 3 19 9 34 Jan. 5 454 July 21 634 Nov. 4 28 Jan. 754 54 1934 1834 54 July 1 Jan. 3 Oct. 17 Nov. 2 11 17 11 Jan. May 11 134 Sept. 14 Jan. Jan. 2 12 Jersey Central Pow Be Lt Co— 875 250 270 150 13,400 25 1.400 7% preferred .....100 2,280 100 84,300 Jones 5c Laughlin com * 2,000 Julian & Kokenge com 7354 32 34 Sale 72 79 4 3 7454 Nov. 14 Sale 9054 Sale Sale 35 Nov. 16 61 9 Nov. 15 4254 Nov. 12 22 Nov. 29 68 21 7154 7854 89 34 3254 Nov. Nov. Nov. 22 7354 7954 89 9054 3454 Sale 7254 7834 5H% preferred........100 6% preferred ........100 Nov. 29 Nov. 28 81 92 450 ... 180 Kimberly-Clark 6% pref..100 com 1 Kings County Lighting 4,400 Kingsbury Breweries 60 200 5,000 2,200 1,000 ""loo 1,325 525 1,100 1,900 100 650 5% preferred series D...100 121,550 Kingston Products.........! .....1 36.500 Klrby Petroleum 1 10,500 Kirkland Lake G M Ltd 1,700 Klein (D Emll) Co common..* 10 1,800 Klelnert (I B) Rubber 1,120 7% preferred series B . Knott Corp com.... 1 300 Kobacher Stores Inc com...* 13.725 Koppers Company— 6% preferred...........100 Kresge Dept Stores— 125 4% conv 1st preferred..I00 3,900 Kress (S H) 5t Co spec pf_.10 18,300 Kreuger Brewing Co........1 70 5 454 1054 10 1154 10454 Sale —54 "Ti" 26 /; 321,000 42.950 954 5 4 7 1 104 1 La key Foundry Be Machine. 1 ...100 160 Lane Bryant 7% pref 200 500 17,500 13,000 3.500 7,450 7.600 1,000 6 654 854 9% 61 67 Nov. 3 2854 Mar. 67 50 46 5234 Nov. 254 Nov. 9 22 543 33 3 354 134 154 1234 13 834 954 1154 Sale 1154 24 9 2454 Nov. 18 Nov. 22 254 Nov. 23 3 Nov. 21 154 Nov. 9 3)4 Nov. 134 Nov. 7 3 9 13 854 Nov. 26 1154 Nov. 28 Nov. 26 Nov. 10 8 12 150 1.700 50 1,250 224.600 25,500 15.800 1,495 2,475 2,400 21.500 ""966 700 1.100 5.100 800 1.900 50 400 ... 850 6% preferred........ 25 68 wm 1234 634 5254 Sale 254 Sale 8754 98 5054 13 654 854 1254 12 454 123 454 43 Sale 50 334 Sale Sale Sale Sale Sale 16 1354 Sale Sale 1654 Sale '1854 Sale 1054 Sale 16 2054. Sale 1254 13 134 154 10 54 12 354 Sale % Sale 2754 2834 1534 Sale 1954 Sale 13 Sale 25 425 Loblaw Groceterias class A.* Locke Steel Chain Co.. .5 854 854 1454 2354 1034 154 154 7% Sale Sale Sale Sale 36 Sale 154 Sale 54 Sale 254 45 9 1254 Nov. Nov. 28 554 Nov. 3 9 Nov. 29 493 23 Nov. Nov. 18 1 5154 Nov. 9 354 Nov. 14 65 Nov. 17 54 954 Sale ..._.* 754 Sale 154 Sale 3654 Sale com * ..100 6% preferred series B ..100 12,550 » 15,200 Loudon Packing Co com 30 154 35 254 854 Sale Louisiana Land 8c Expl com.l * 110 Louisiana P & L $6 pref 5.100 Lucky Tiger Combination. 10 2,500 Ludlow Valve Mfg Co.._._..* 5 11,900 Lynch Corp com 35"" "3754 42,700 Majestic Radio & Tel Corp..l 3,900 Manati Sugar opt warr...... 14.100 Mangel Stores Corp com....l "254 '"354 228.400 ... 520 $5 conv preferred-.......* * 3.200 Mapes Cons Mfg Co 8 Oct. 19 July 20 49 Nov. Nov. 1 Nov. 30 May 26 4454 Sept. 14 154 Mar. 28 10254 Jan. 13 Oct. 27 1254 Feb. 10 11 Jan. 17 Aug. 5854 Feb. 1 1 354 Nov. 14 Nov. 28 454 Nov. 56 Nov. Nov. 25 Nov. 22 32 Nov. 28 1654 Nvo. 2154 Nov. 14 13 Nov. 28 1954 Nov. 28 12 Nov. 14 1954 Nov. 25 2 % 1 3534 3054 % 154 18"" "2554 32 33 1 Sale 0,7 « _ 2134 Nov. 29 Nov. 19 254 Nov. 9 7 Nov. 7 1334 Sale Nov. 10 Nov. 21 Nov. 1 1354 Nov. 28 Sale 2254 Nov. 5 '954 Nov. 29 28 954 Sale - Sale Sale 24 Sale Sale 1 25 Nov. 10 Nov. 28 Nov. 18 Nov. 7 Nov. Nov. 14 Nov. 23 2 X Nov. 54 54 '3154 "§254 1 Sale 34 34 254 Sale 9 Nov. 12 2054 Nov. 28 154 Nov. 18 343 9 Nov. 16 Nov. 10 14 14 13 26 29 14 6 8 32 1 554 % Nov. 1654 Oct. 2554 Jan. 2 27 10 1654 Oct. 27 25 3 Jan. 18 July 26 24 Nov. 7 1634 Aug. 24 3034 Nov. 21 1054 Oct. 17 154 Jan. 3 5 54 Jan. 6 19 10 11 13 Oct. 15 24 Mar. 31 39 Mar. 23 Sept. 28 Apr. 6 20 Nov. 7 15 554 Nov. 7 30 19 15 Jan. Nov. 22 32 18 154 3454 Jan. 254 Jan. 954 Jan. 25 1854 Nov. 18 30 19 28 29 31 12 554 May May June July July Jan. 2054 Nov. 28 134 Sept. 14 654 Mar. 30 88 July 26 54 Mar. 25 1 July 13 54 34 154 29 54 19 Mar. 28 19 Mar. 754'Mar. 554 Mar. 654 Mar. 54 Sept. Nov. 3 Nov. 22 134 Nov. 12 54 Nov. 9 Mar. 30 1134 June 29 1554 Mar. 28 10 Sept. 14 19 Sept. 8 3 30 54 Nov. 29 56 Nov. 25 154 Nov. 28 254 Sale 3054 o454 21 Nov. 8554 Jan. 13 1234 Nov. Nov. 28 6354 July 19 May 13 3 Apr. 12 54 Jan. 17 1134 Nov. 28 254 May 27 56 Sept. 10 134 Nov. 2354 Nov, 1 ... Jan. Feb. 23 3754 June 30 1154 June 28 454 Sept. 17 14 9 11 1 Sale 254 129,100 Long Island Light 7% preferred 7.455 83 Nov. 3 Oct. 26 Jan. 10 Feb. 14 Jan. 24 14 154 151.200 Lone Star Gas 554 Mar. x554 Mar. 1052 Jan. 68 64 Sale 254 Sale 154 Lockheed Aircraft 5 13 153 Oct. 8354 Nov. 10 Nov. 30 40 45 17,000 Lit Brothers com...........* 27,150 1,008.400 Mar. 154 June 254 Sept. 54 Sept. 38 Sale 68 Realty com.......I 5,400 Conv preferred...........* 5,800 • 223,900 Lohigh Coal 5c Nav._ 143.900 Leonard Oil Dovelopmont..35 15,100 Le Tourneau (R G) Inc.....! 5 10,600 Line Material Co new * 190.600 Lion Oil Refining Llpton (Thos J) class A.....1 6,300 7 34 Mar. 2 1 1154 Jan. 14 Aug. 5 Sept. 20 106 1 Jan. 3 54 Feb. 9 Mar. 31 65 234 Sale 254 Sale 354 Sale 154 154 15 1554 ♦ Class B Lefcourt Nov. 15 5754 33 Langendorf United Bakeries Class A_. _..* 50 700 Nov. 29 Nov. 16 554 Apr. ""54 "T" ..100 Lake Shore Mines Ltd 22 81 92 4334 Jan. 10 3234 Aug. 9 45 33 18/ 554 Nov. 454 Nov. 2 11 Nov. Nov. 26 1054 10 10454 Nov. 23 10454 Nov. 654 5 5,800 230 Lackawanna RR N J 13,900 6,500 19 9 Mar. 31 7434 Nov. 14 May 25 11354 Oct. 19 2154 Jan. 27 2154 Jan. 27 7 5 18,900 Kennedy's Inc..... 6,900 Ken Rad Tube 5c Lamp cl A * 100 Apr. Apr. 7 106 420 Kansas G 5c E 7% pref 100 10 Keith (GeoE) Co 7% pref. 100 3.200 5254 Apr. Nov. 18 June 22 May 12 42 90 4 Oct July 26 154 July 30 54 July 27 12 354 Jan. 45 Feb. 20 Nov. 4 7 Marconi Internat Marine- 100 600 Communication Am dep ret For footnotes see page 53. 654° 754 554 6 554 6 554 Nov. 7 554 Nov. 7 754 Jan. 6 46 NEW aggregate YORK sales In Shares , 200 200 1,200 2,700 RANGE SINCE JAN. 2054 5 451 ; Ask Ask Bid 15 ... Lowest Highest Sale Prices Sale Price* Nov. 30 Nov. 1 Bid 31,200 Marlon Steam Shovel com..* 4,800 Masfl Uttl Associates * t c 1 32,300 Massey Harris Co common..* 25,150 Master Electric Co.. ...1 2,300 NOVEMBER 1 f, 1938 1,700 Maria; Oil. ; Jan. 3 Par STOCKS (Continued) IN Price Jan. 1 Shares PRICES NEW YORK CURB EXCHANGE Since November EXCHANGE CURB 2 u 2x 7X 7% 17 X Sale 1754 23 454 Sale 2 254 654 Sale 1854 Sale 17 Nov. 15 17 Nov. 15 454 Nov. 2 Lowest Highest Sale Prices Sale Prices June 20 16 554 Nov. 15 2 Sept. 14 Nov. 15 Mar. 29 2 Nov. 15 754 Nov. 2 1854 Nov. 10 654 Nov. 28 Nov. 28 16 Mar. 29 Mar 31 24 Mar. .1 854 July 5 254 July 30 10 July 22 1854 Nov. 10 May Hosiery Mills— 100 1,000 $4 Nov. 22 £5354 Nov. 22 £54 47 75 McColl-Frontenac OH Ltd. 100 """400 11,200 McCord Radiator & Mffl B. 94,900 McWilllams Dredging com..* 8,975 Meed Johnson Ac Co com....* 5,300 1,425 3,900 23,270 Memphis Nat Gas com ......5 75 Memphis P & L $7 pre!—.. Mercantile Stores Co..--...* " 5,550 1,050 700 4,600 Merchants & Mfrs class A...1 625 "MOO Partlc pref 99 95 14,000 6,538 6,100 5,800 Class A rot trust ctfs * 70,200 Class B rot trust ctfs——* 42,238 49,400 Middle West Corp common..5 Warrants 19,300 50 25 400 6,800 10,000 1,500 1,700 128 Sale 4 Sale 125 Nov. 9954 Aug. 16 18* 4 Sale 18 21 20X 18 Nov. 30 2054 Nov. 3 2 554 Nov. 23 354 Sale 554 254 3% 45 3 654 Sale Sale 52 Sale Sale 554 5< "At At Sale " 154 154 IX X 1 54 Sale 254 254 8X : 8X 354 Sale 59 Sale 3 52 Nov. 1 54 X 154 2954 Nov. 23 Nov. 2 Nov. 17 454 Nov. 9 59 Nov. 9 At Nov. 17 54 Nov. 7 154 Nov. 17 At Sale 154 154 X* ,54 54 Sale „ „ 3 Sale 854 954 54 Sale 354 354 354 354 5 4 Nov. 54 254 854 54 354 Nov. Nov. Nov. Nov. Nov. 354 54 654 At Nov. 3 Nov. 3 Nov. 22 Nov. 17 Mar. 29 Mar. 22 Mar. 25 Jan. Mar. 31 Nov. 23 Mar. 30 Jan. 8 Apr. 6 59 1 17 2 28 2 3054 54 54 X 25 n9054 Nov. 18 54 Nov. 21 X Nov. 1 3 54 Nov. 23 1054 Nov. 7 54 Nov. 2 354 Nov. 10 Mar. 2054 Nov. 3 3454 Nov. 16 2 n9054 Nov. v 54 Nov. 10 24 Oct. siH 1354 Mar. 554 Nov. 23 354 Nov. Sept. Mar. 11 Oct. M 130 Mar. 90 July 11 Jan. IX Mar. 754 Mar. 454 Nov. 23 5 55 Oct. 45 Sale 4 1654 ..... 500 2X 254 18% Sale 254 Nov. 14 Nov. 30 Nov. 28 1854 Nov, 12 Nov. Nov. 17 128 21 300 575 300 2 54 Sale 254 Sale 1654 1754 122 Sale 454 354 ..... 60,000 Merrltt Chapman At Scott.. 3,475 .100 (H% A pref 1,500 Common stock pur wnrr'ts 1 95,300 Mesabl Iron 4,800 Metal Textile Corp com..25c 170 Part preferred 15 Metropolitan Edison Co— 625 $6 preferred * 5,200 Mexico-Ohio OH Co....__..* 95,400 Michigan Bumper Corp.....l 130,500 Michigan Gas A Oil Corp—I 12,800 Mich Steel Tube Prod....2.50 27,000 Michigan Sugar com...... Preferred...... 10 4,100 7,800 254 10 X 254 1654 Feb. 93 preferred.........——* 7454 May 13 54 Sept. At June 2 Apr. 5 May At Mar. 22 13 29 26 31 354 May 5 154 Apr. 5 554 Oct. 29 Aug. 19 5 July 23 Nov. 9 July 23 July 25 154 Feb. 4 3454 Nov. 16 Mgy 20 85 % 54 554 1054 54 Jan. 20 Jan. Jan. 10 14 Nov. Jan . 7 12 5 Feb. 24 5 Oct. 4 154 July 12 Middle States Petroleum— % 'K 754 Sale X % ............ Sale % Sale 654 654 5 Nov. 29 Nov. 29 1 754 Nov. At Nov. 54 Mar. 24 X Sept. 28 1 2 At Nov. 17 854 Oct. 17 1 June 30 Midland OH Corp— 3,450 700 7,710 4,150 <2 conrpref ——* Midland Steel Product— 750 9,925 16,900 41,100 3,650 4,100 9,600 """140 500 300 2,100 36,000 700 2,900 250 300 150 9,800 375 1,100 86,300 3,600 2,800 7,570 6,450 2,475 100 1,075 10 250 3,200 26,050 1,000 523,500 55,300 500 1,270 650 400 28,700 4,300 Midwest OH Co 12^ 50c 10 & Supply Co* Mining Corp of Can .._* Minnesota Mln 8c. Mffi Co * Minnesota P Ac L 7% pref.100 Miss Rlrer Power pref 100 Missouri Pub Serr common.* Mock Judson Voehringer2.50 83 IX Sale 6X IX Midwest Piping —1 Corp Monarch Mach Tool Co com.* Monogram Pictures com —1 Monroe Loan Society cl A..1 Montana Dakota Utilities..10 7% A pref ..100 jMoore (Tom) Distillery Co.l Mtge Bank of Col Am Shs Mountain City Copper Co..5c Mountain Producers Corp. 10 3 5 654 Sale 5 5% 15 12 X 15| Sale 22 Sale 30 145 33 Sale IX Sale Sale 5 21,600 Murray Ohio Mfg Co—.—* 15,200 Muskegon Piston Ring._2.50 350 Muskogee Co common—....* 4,000 2,900 13,500 """loo 200 "47165 14,100 500 ; 7X 9X 1,400 Nachman Sprlngfllled Corp.* 74,000 Nat Automatire Fibres com.l ....1 117,700 Nat Bellas Hess com 900 7X * 25 National Breweries com * 300 National Candy Co com National City Lines com 1 5,600 A3 conr preferred 50 1,200 34,400 National Container (Del)—1 * 96,700 National Fuel Gas 8,600 Nat Manufacture At Stores..* 22,900 National Oil Products......4 zx Apr. 14 654 1054 14 91 > Sale 10154 Sale 154 254 IX 2X 954 954 11 1254 254 254 38 3954 if* if* 14 Nov. 90 Nov. Nov. 21 Nov. 17 15 105 254 954 1154 254 3954 1X Nov. 854 Nov. 11 2 Nov. Nov. 3854 Nov. Nov. 7 Nov. 3 Nov. 3 Nov. 17 Nov. 19 754 5954 X 654 • June May June Mar. 854 Mar. 154 Mar. 2454 Feb. 69 Montgomery Ward At Co A..* Moody's Investors Part pref.* Ltd.........—* 354 6 Nov. 18 9 114 354 Nov. 1 254 354 354 Nov. 16 £1354 Sale £1354 Nov. 30 1654 Nov. 12 112 54 Nov. Montreal Lt Ht Ac Pow com..* Moore Corp AX 1454 Sale 78 ..... Abrasive Co 454 354 Sale 1554 Sale Sale 554 654 654 Nov. 29 1654 20 2 154 154 154Nov^ 2 154 7 Nov. 754 654 aXH 154 Sale 160 163 54 Sale Nov. 154 3054 2954 Nov. "32"" 2854 "30"" 2954 Nov. 30 3054 3754 3754 3954 3654 3854 3754 Nov. 170 165 165 155 165 Nov. 163 % 54 At 54 Nov. 54 Sale 454 454 Nov. Sale 8 6 Nov. 654 Sale Sale 5 5 Nov. 554 554 6 9 IX Sale 254 IX 654 -754 W 1054 1254 11 Nov. 9 20 18 500 ^Mountain States Pow com.* 870 Mountain Sts Tel Ac Tel__100 10 900 MldraleCo Mid-West 134,700 Molybdenum 11,300 "57200 * |2 non-cum dlr shares 4 1154 Sale 854 11 Nov. 12 Nov. 9 June 103 May 254 Mar. 654 Jan. 354 1254 154 154 454 10 Sale 854 954 X Sale 1054 Sale^ Nov. 1154 Sale 8 1354! 14 254 2X 19 17 8 10 28 35 954 35 754 Sale 1454 Sale 354 4 Sale 32 9 11 20 Nov. 12 28 May Nov. 17 145 Nov. Nov. 4 Jan. 1 3 Nov. 10 3 Nov. Mar. 4. 54 Jan 1 May _ 100 Mar. 6 Mar. 6 June 14 354 4 3254 Sept. June 7 354 Mar. 54 Sept. 36 May 7 May 654 Apr. Nov. 21 25 754 1454 35 7 1354 354 32 Nov. 19 Nov. 28 Nov. 9 Nov. 1 754 Nov. 9 1454 Nov. 17 500 2,125 2,800 "3",200 4,400 4,400 900 3,500 120 1,600 """300 200 1,500 33,300 2,300 63,100 26,500 7,800 3,825 41,500 —* S6 preferred Nat Rubber Mach com Conv partlc * ...1 National Service Co 64 58 72 Sale 6 Sale 70 Sale 25 preferred....* 45$ Sale 1/ X IX IX National Steel Car Ltd.....* National Sugar Refg. * 675 National Tea Co 5M% pref. 10 12.50 25,400 National Transit 87,700 National Tunnel At Mines..* 34,800 National Union Radio com._l * 12,550 Navarro OH Co * 5,300 Nebel (Oscar) Co com 480 Nebraska Power 7% pref—100 * 27,600 Nehl Corp com 1st preferred...— 10 * 7,200 Nelson (Herman) Corp .....5 * 10,800 Neptune Meter class A 3,100 Nestle Le Mur Co class A—* At 1654 a ^ IX Sale % X 13 14 65 1454 15 Sale At Sale 1 2 61 14X 454 Nov. Apr. 554 Sept. 1154 Sept. k 14* 37 38 2 6654 Sale 1354 Sale 654 Sale 254 254 154 Sale 1354 1554 754 Sale 154 2 % 154 1454 1554 65 Nov. 13 Nov. 26 37 4 5 6X X 7\ 39 4154 4154 2 8 654 Nov. 154 Nov. 1 254 154 1554 154 Nov. 1454 Nov. 54 Nov. Nov. 7 Nov. 14 Nov. 9 Nov. 3 Nov. 18 Nov. 2 Nov. 4 Nov. 15 Nov. 4 Nov. 114 Nov. 15 4254 Nov. 44 Nov. 19 112 33 54 154 7054 1454 44 350 7 8 1,575 6,075 7 54 At ""180 2,400 7,200 5,450 1,200 7,000 100 "l",606 350 3,300 110 150 6,910 150 50,900 2,800 925 12,100 2,600 4,800 1,840 16,900 16,300 64,380 34,000 87,700 1,000 2,000 New Haven Clock Co com...* New Idea Inc common... 2 9 N Y Auction Co common * .... 32,110 Founders 6854 61X Sale 98 7H IX 56 10 1*4 Sale 29 22 2 1J4 554 2454 Sale 9 954 97 Sale Sale 10,800 77,300 Class A preferred.... Nlles-Bement-Pond com. fee page 53. 26 154 1754 254 1954 26 754 454 Sale 854 II* ily> Sale 26 Sale 854 1954 7X Sale 6151 Sale" $ 18 654 Sale 24 «?* 854 Sale 10954 Sale 1154 Sale 354 454 2 4 4954 Nov. 4 45 Aug. June ...* 3154 IH Sale" S» Nov. Apr. 2 5354 Nov. 10 36 Mar. Apr. 85 Mar. Nov. Nov. Nov. Nov. Nov, Nov. 2% 354 Sale 25 1854 Nov. 16 Nov. A 754 Nov. 3 26 Nov. Nov. 16 Nov. 54 Aug. 8654 Sale 81 154 554 854 154 9 Nov. 9 Nov. 2 454 Mar. Sept. 4554 Mar. 154 Mar. Nov. 9 42 Nov. 22 18 Nov. 25 1954 Nov. 16 2654 Nov. 21 9 1 102 Nov. 25 Nov. 17 1 1054 Nov. 28 1354 Nov. 12 18 Nov. 22 £7 54 Nov. 29 2154 954 8754 8154 At 254 654 Sale 2Xi Sale 8354 70 54 154 554 Nov. 1 1 Nov. 3 Nov. 15 Nov. 28 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 14 10 29 25 7 12 10 Nov. 3 85 Nov. 3 5054 Nov. 2 60 Nov. 9 IX Nov. 7 154 Nov. 1 9 154 £10 20 10 26 Jan. 8 3 9 19 Nov. 15 Jan. 11 Aug. 25 Feb. 2 3 1 Feb. 18 9 13 Nov. Jan. Jan. Jan. Jan. 4 8 18 154 July 22 17 July 25 154 Nov. 4 Nov. 15 114 7T ?jf July 7 July 22 Oct. 15 Jan. .10 154 Oct. 27 554 Apr. 28 51 July 28 m July Jan. 62 15 108 21 12 Apr. 1 July 29 11 < Oct. 14 17 Oct. 26 15 5 8854 Oct. 22 Mar. 25 2 Mar. 654 Apr. Apr. 9154 Apr. Mar. 25 Jan. 19 1054 Mar. 30 554 Mar. 30 70 Mar. 30 60 May 4 Sept. 14 Apr. 5 Mar. 30 Oct. 11 Apr. 1 Mar. 23 Sept. 12 At X 354 7954 2454 754 154 4 29 Mar. 81 5 7 10 7254 Jan. 254 Jan. Mar. Mar. 4 454 "61"" Sale" '5654 Sale" 854 954 154 Sale - Nov. 85 1H 654 Sale 10354 954 1654 6954 154 8654 10654 Nov. 26 10954 Nov. 11 "954 Sale" "754 Sale' 8354 Sale 7154 Sale 25 101 100 750 Nineteen Hundred Corp B..1 ...5 37,800 Nlpisslng Mines For footnotes 22 16 ....... 175 Sale 50 4954 4854 15 1954 1954 9854 10054 101104 100 9 854 854 Sale 854 14 54 Sale 14 1554 1554 Sale Sale 57 5654 2 1X8 154 Sale 154 Sale Sale 7654 8S* "IF 101 shares.........! 5 1,400 New York Transit 2,060 N Y Water Serv 6% pref..100 ...10 486,190 Niagara Hud Pow com 5% 1st pref 100 16,575 5% 2d preferred ..100 1,725 55,900 / Class A warrants Class B warrants 19,600 58,000 Niagara Share Corp class B 5 354 454 5 * ..25 New Mexico At Arls Land 1 Newmont Mining Corp....10 New Process Co common * 2954 654 Nov. 654 Nov. 1 Nov. 4 9 Nov. 10 54 4954 Nov. New Jersey Zinc..... 26,800 NYC Omnibus warrants 10 5,050 N Y At Hond Kosarlo M 13,800 N Y Merchandise Co com.. 10 * 1,190 N Y Pr Ac Lt 16 pref. ......100 7% preferred 2,370 N Y Shipbuilding Co 25 1,800 .......100 6% preferred 52 preferred * New Engl Tel Ac Tel Co—100 105 15 654 Nov.* 654 Nov. 295 New England Pow Assn com. * 100 At May 10 654 —...100 7% preferred 7054 1854 554 954 79 654 654 150 Nevada Calif Elec com....100 """"25 32 Jan. Sept. Jan. Mar. May Feb. May Mar. July June June 13 Jan. July 75 1054 454 654 154 54 1254 July i 3854 Mar. 254 Sept. 254 Mar. At Mar. 1 Aug. Mar. Jan. Nov. 4 Mar. 1 28 Oct. 6 Nov. 17 Jan. 10 Oct. 17 Feb. 14 1454 Jan. 11 Mar.. Nov. Oct. £9 2 Nov. 15 354 Nov. 14 17 954 Oct. 14 1054 Oct. 24 Jan. 10 36 May 6 754 Nov. 21 15 6 9 Oct. x Jan. 12454 Nov. 12 July 1254 Nov. 1054 Aug. 9 Nov. 75 6954 Nov. 26 354 Nov. 14 454 Nov. 30 At Nov. 30 154 Nov. 22 Aug. 25 6 2 254 Sept. .< National Refining common ■ 354 July Nat Power At Light— 3,250 1,000 4,600 4,100 14 July 27 20 3554 Nov. 10 4 Oct. 78 Aug. 9 11454 Sept. 21 7 454 June 1654 Nov. 12 June Feb. Nov. 10 43 7 22 3154 3154 3854 165 2 9 Nov. 21 Oct. 16354 Nov. 17 Sept. May 754 Nov. 21 754 Nov. 21 954 37 3 19 Mar. Nov. 10 9 7 July 26 54 Nov. 18 Nov. 17 Nov. Nov. 254 954 1354 254 40 122 7 Nov Nov. 21 105 Nov. 17 12454 Nov. 10 12454 Nov. 10 11 Nov. 12 854 Nov. 28 954 1154 1054 Nov. 28 1254 Nov. 10 854 10 854 Sale 54 Sale Feb. 23 15 Nov. 21 10 5 Mar. Mar. Sept. June Apr. 10 Nov. 22 Jan. 12 2054 July 25 30 10 103 Jan. Jan. Oct. 10954 Oct. 14 5 15 31 1354 454 2154 1054 8954 8154 At 254 754 8954 Nov. 12 Jan. Oct. Oct. July Nov. Jan. Nov. Oct. Jan. 6 20 17 25 25 4 12 15 22 60 Nov. 9 954 Feb. 14 254 Feb. 4 NEW DEC., 1938] AGGREGATE In November Shares Jan. 3 ' ...1 52,900 Noma Elac Corp com 147,500 Nor Amer Lt Ac Pow com. ...1 16,100 16 preferred 17,900 North Amer Rayon cl A. 15,700 Clara B common ... 900 6% prior preferred... -.im 4,800 Nor Amer Utll Sec com 9,000 North Cent Texae Oil......ft 1 40,100 North European OH com 1,530 NorlndPub Ser6% pref_.106 1,770 7% preferred........—100 8,500 Northern Pipe Line.......10 94,500 Nor States Power com A.. 100 14,400 Northwest Eng Ineerlnft16,900 Noradel Agene Corp.... 5,100 10,500 1,750 , • i 900 1,100 ■ 100 ' 600 100 ; 1,000 70 "10 800 9,700 3,200 ; 4,300 35* Sale 1% Sale 20~~ Sale 2094 Sale 400 1,100 150 60 8,900 1,800 650 3,700 5*4 2 75* 95* Sale 11% Sale 5% 6 20 23 32 Sale 22 47 ; ;• Sale 13 Nov. Nov. Nov. 15* 3% We 845* 915* 55* 135* . 18 3 915* Nov. 4 4% Nov. 29 9 Nov. 28 Nov. 25 Sale 155* Nov. 18 Sale 28 Nov. 19 24 Nov. 30 31 Nov. 10 9*4 11 125* Sale 39 % Sale 85* 10 85* Sale 21% Sale 70 875* 25* Sale Nov. 17 37% Nov. 1 1% 15* 5% 3% 6 4% 55* Nov. 10 35* Nov. 22 7 93 Nov. 16 Overseas Securities Co.. 175 110 2,200 1,100 38", 900 162,900 600 3 130 100 1,100 1,000 "l",206 Sale 255* 26% 103% Sale 4% 17 50 Sale 5% Sale 4% 5 *4 150 $5 preferred............. * 5,600 Pa Gas At Else class A 1,300 Pa Pow Ac Lt $6 pref........* $7 preferred 13,775 4,550 Pennsylvania Salt Mfg.....50 25 Pennsylvania Sugar Co....20 * 14,650 Pa Water Ac Power 16,575 Peppsrell Mfd Co ......100 1,150 Perfect Circle com. 60 1,875 18 18 - """366 5 9 3 3,666 425 250 43,000 Pharls Tire A Rubber Co.. 12,200 Philadelphia Co com 325 Phlla Elec $5 dlv preferred. 975 Phlla El Pow 8% pref 25 * 45,800 Phillips Packing Co 155,800 Phoenix Securities common. 1 $3 conv preferred A.....10 14,350 38,800 Pierce Governor Co com 1 2,100 Pines Wlnterfront Co 2,500 1,300 ..... 100 100 2,200 9,800 1,500 1,400 1,300 42,800 3,800 Pioneer Gold Mines Ltd 64% 7% 20 Sa'le 7*4 2053 19 "17% 21 3% 41 5% Sale 3*4 \% 4 2% Saie 5% Sale 3% 4% a 74 19 205* Nov. 57,400 14,830 7,000 102,600 9,300 15,900 49,900 135* Nov. 55* Nov. 35* Nov. 10 8,100 1,100 1,900 4,500 365* 7% 14 Nov. 14 Nov. 30 Nov. 19 14" ~ Sale 39 8% 7% 38% 7*4 % Sale 25* 2 355* Nov. 28 75* Nov. 21 285* Nov. 29 1% 35 1 2 Sale 1% Nov. Sale 8% Sale 75* Nov. 1 2 Nov. 2 4 Nov. 4 4% * 3% 5 93 133 145 % Sale 4% Sale 98% Sale Sale 155 *4 156% 155 68 % 26 Sale 31 3% 4 6% Sale 72% 765* 25% Sale Sale 27 7% Sale 6% 75 1185 74 4,300 5*4 aVA Sale Sale 30 5% 8,800 Pressed Metals of Amea.....* 33,100 Producers Corp..........25c 27,800 Prosperity Co B common...* 4,200 Providence Gas Co.........* 35,400 Prudential Investors com...* $6 preferred * 3,050 200 2,200 175 6,000 200 Mar. July 725* Nov. 2454 74 . 795* Mar. 1215* May 4% 13 Sale** 16 Mar. 79 Nov. 16 545* Apr. Nov. 16 26 Nov. 24 754 Nov. 2 55* Nov. 21 8 6% 85* Nov. 75* Nov. Nov. 26 117 Nov. 26 305* Nov. 7 305* Nov. 3 5* Nov. 25* Nov. 28 2% Sale 4% Sale 265* 45* Nov. 28 31 175* Nov. 23 5 5* Nov. 1 25* Nov. 65i Nov. 2 irA 18 3* Sale* 7 A* 9 Sale 1 5* 105* Sale 2 15* 65* Nov. Nov. 28 19 27 Nov. 12 Nov. 29 42 % Sale 4% 4% 13% 15*4 Aug. ; 59 Nov. 18 117 _ 115* Sale 755* Nov. 29 Nov. Nov. 9 7 5* Nov. 10 Nov. 29 3 75* 425* 115* 625* Nov. 12 Nov. 10 Mar. I 35* 45* .125* 295* 25* 15* 105* cl05* % 25* 55* 19 9 2 2% Sale o 4 Nov. Nov. 1 Nov. 3 Nov. 15 15] 19 6' 6 25* 21 22 6*4 5% 83 6 98 Sale 7*4 Sale 45* 65* 65* 90 97 90 25* 215* 15* 35* 75* 42 5* 115* 625* 2 Nov. 9 25* Nov. 1 23 18 20H We 45* 65* 65* Nov. Nov. Nov. Nov. Nov. 93 Nov. 25 _ Sale^" 65 75 975 15 18 21 29 Nov. 22 We 55* 65* 85* 93 4 Nov. Nov. Nov. Nov. Nov. 15 4 26 10 25 27 17 14 Nov. 9 35* Mar. 1 11 *4 Sept. 16 25* Mar. 30 June 2 Feb. 18 June 7 17 Oct. 10 Nov. 9 July 29 Feb. 10 July 5 Oct. 11 Oct. 28 Aug 9 Jan. 11 Jan. 7 July 19 Nov. 10 Nov. 9 Jan. 24 1155* Oct. 15* Jan. June 15* Mar. 30 33 40 Sale 22 & Sa,eH Nov. 23 25* Nov. 4 20 21 33 31 30 5* June 6 17 Oct. .175* 315* 45* 65* 29 Mar. 55 10 42 28 30 26 8 345* Mar. 45* Mar. 45* Sale 36 85* July 45* Mar. Nov. 28 Nov. 10 Nov. 10 85* Nov. 19 10 Nov. 12 1065* Nov, 29 114 5* Nov. 15 % Nov. 4 9 Nov. 105* Nov. 22 11 2 Nov. 21 25* Nov. 1 9 51 % Nov. 20 22 21 Apr. Sept.: Feb. Mar. Nov. Mar. Mar. Mar. Sept. Sept. Jan. 375* Mar. 95 18 1H : Mar.: 25 "265* 7*4 5% 9 9 1054 Sale 52 53. 8 9% Sale 1105* Sale 107 105* 2% 7 25* Mar. 9 2 5* Jan. 8 95* Nov. 16 29 Nov. 2 50 July 26 85* Feb. 8 935* Nov. 28 005* Nov. 10 60 July 1 19 Aug. 30 755* Nov. 29 86 July 5 28 Aug. 24 25* Apr. 74 6% 6 75 Prentice-Hall Inc com......* T266 24 2 Nov. 3 Nov. 28 Nov. 10 Nov. 3 100 7,520 Pratt At Lambert...........* 66,900 Premier Gold Mining.......I 900 Nov. 29 45* 86 Nov. 1 93 5* 935* Nov. 1 1005* 1525* Nov. 29 157 75% 115 Wine Co 1 Plough, Inc...............* Polaris Mining Co........25c preferred 15* Sept.: 15* Mar.l 45* May ; 19 72" '68 Pleasant Valley First 25* Nov. 9 95* Nov. 16 2*4 Sale Jan. 10 375* Nov. 3 85* Oct. 13 31 Nov. 18 12 Sept. 27., 15* June 29 1075* Apr. 1 Aug. 15* Nov. 9 23 Jan. 21 Nov. 18 31 Mar.; 25* Mar. 9 4 2 86 Pittsburgh Plate Glass eom25 650 Power Corp of Can com..... * Nov. Sept. May 18 13 20 Nov. 8 Feb. 12 13 75* July 45* July 205* Nov. 9 96 Aug. 10 195* Jan. 6 75* Feb. 23 45* Sept. 30 165* Nov. 9 19 Jan. 14 June 14 17 Nov. 12 12 Oct. 21 315* Oct. 24 285* Nov. 22 085* Nov. 3 74 Nov. 5 Apr. 115* Sept.: 35* Sept.: 35* June 155* Nov. 10 195* Nov. 4 375* Nov. 3 8 Mar.: Mar.; 45 10% Pitts Metallurgical Co.....10 20 2 Mar.; Apr. 35* Mar.: 155* Apr. Nov. 23 Nov. 16 Nov. 12 Nov. 9 Nov. 29 8% Pitts Ac Lake Erie RR......50 36,500 Potrero Sugar com..........5 49,000 Powdrell Ac Alexander com..5 4,500 6,300 185* 65* 45* 4 xl65* 8 1 Pittsburgh Forglngs Co 14 46 9 27 Oct. 1055* Oct. 31 25* Jan. 11 55* Mar. 8 June 45* 275* 255* 985* Nov. 16 July 40 25* June Nov. 675 Pitts Bessemer ALE RR...50 125 4 Nov. 8 Nov. Nov. 18 May 15* Mar. 55* Mar. 55* Nov. 10 45* Nov. 10 645* Nov. 30 75* Nov. 17 Sale Sale 15 1% 25* Sale 18 Sale 14 1 159,200 51,650 Pitney Bowes Postage Meter* 1,700 1,130 1,300 Nov. Nov. 17 1065* 995* 10 5* 145* 89 Nov. 13 115 215* Jan. 315* Nov. 1 285* Nov. 22 1085* Nov. 305* Nov. 275* Nov. 107 6*4 7% 19% Sale 16 16% ......... 625 9% 11 30% 31% 27% Sale 10% 12 31% Sale 1125* Oct. Apr. 85* Mar.: 65* Mar.: 87 2.50 I,100 Penn Traffic Co ...1 263,900 Penn road Corp com vtc 41,400 Pa Cent Airlines com—....1 250 Pa Edison Co $2.80 pref 28,600 12,300 6 28 5* 10 2,000 Parker Pen Co 37,400 Parkersburg Rid A Reel Co.l 350 Patchogue Plymouth Mills. * 2,800 Pender (D) Grocery cl A—. Class B * 14,800 4,350 Peninsula Telep Co com.... * 100 7% preferred..........100 50c 2,600 Penn Mex Fuel common 800 3,400 Sale 3 * 3,100 Pacific Can Co common....* 69,500 Pacific G At B 6% 1st pref..2ft 55i% 1st preferred 25 7,250 * 4,050 Pacific Ltd Corp S6 pref 570 Pacific P At L 7% prof 100 19,700 Pacific Public Service n-v..* 1st preferred ....* 3,900 150 Page-Hersey Tubes com 1 134,300 Pan Amer Airways com—..ft 1,379,200 Pantepec Oil of Venemuela.. 1 1 2,900 Paramount Motors Corp 11,700 1,950 55* 4*4 Sale 3 5* 1 Formerly Nat Bak Co 2,900 7,300 345* Jan. 24 1005* Nov. 16 85 1 13 325* Nov. 30 June Nov. 18 Omar Inc— 300 2,000 Mar. 29 Nov. Nov. 29 105 2 1% Nov. 22 101 Sale 103 4 Nov. 3 Nov. 12 40 10 Nov. 14 17 18 Nov. 17 125* Nov. 6 Jan. 6 205* June 87 May 100 May 109 Apr. Nov. 17 10 11% Nov. 28 15 July Feb. Mar. 30 _ Nov. 16 Nov. 5 6 8 8 65* Mar. 30 145* Oct. 85* Mar. 28 xl8% Oct. 4 2 1005* Nov. Nov. 28 112, 7 115 Nov. Nov. 1 1065* Nov. 16 995* 95% xll0% 1125* 103 5* 9 Apr. Apr. Oct. 15* 45* We 845* 915* Mar. 14 325* Nov. 30 Sale 99% 100 110% Sale Nov. 26 9 June . 99 112 113% Sale 103 h Sale 111 109 Aug. Aug. Mar. 29 Nov. 9 Nov. 23 Nov. 2 Nov. 14 Nov. 4 Nov. 2 Nov. 10 24 95% 94 *4 92 90 108 Nov. 30 29 Apr. 32*4 Sale 30 4 1 15 62 Mar. 29 9 17 Sale 285* Sale 16 % Mar. 30 Mar. 29 5* Nov. 26 3% Nov. 23 We Nov. 2 25* Oct. 5* Mar. 30 31 255* Nov. 12 47 4% V % 5% Sale 4*4 9*4 1 Nov. 30 24 82 55* 1 Nov. 2 Nov. 29 21 *4 1% % 3% We % 55* Nov. 62 1 Highest Sale Prices 65* Oct. 24 Sale Prices 3 Mar. 26 475* Nov. 26 Sale 45 Nov. 21% Nov. 29 22% Sale 4 we 54 Sale Lowest Highest Sale Prices 5% Nov. 15 15* Nov. 30 Sale Sale 62 554 Sale 235* 235* 23 24 47 49 3 5* Lowest Sale Prices Ask Ask Bid 5% Sale Sale 1% Bid *1 k 160 6% 1st pref 100 2,700 Ollstocks Ltd common......8 95,900 Oklahoma Nat Gas com....1ft S3 preferred 19,500 .........80 Cont 6% prior pref.....100 2,050 59,900 Oldetyme Distillers ...1 200 Oliver United Filters B— 20 200 48" 40 .......* 10,525 Ohio Braaa class B 2,500 Ohio Edison $6 preferred.. ...100 12,200 Ohio Oil 6% pref 2,810 Ohio Power 6% preferred. 100 700 Ohio Pub Serr 7% 1st pref 100 1,225 Ask Bid Nov. 30 Nov. 1 1938 Par (Continued) STOCKS 1 Price NEW YORK CURB EXCHANGE Jan. 1 Shares RANGE SINCE JAN. NOVEMBER IN PRICES SALES Since ■•/' 47 EXCHANGE CURB YORK 15* Jan. 21 55* Aug. 5 165* Aug. 3 97 July 8 July 20 25* Aug. 26 Aug. 31 225* Aug. 8 We Jan. 7 65* Jan. 21 75* Jan. 7 85* Nov. 10 24 June 10 40 95* Mar. 30 We Apr. 4 35* Mar. 30 65* Mar. 31 35* Mar. 30 83 Aug. 12 98 Jan. 7 Public Service of Colorado— 260 80 1,170 1,430 II,205 10,680 10 240 20 150 150 1,000 16,240 <14,185 4,100 1 1,450 800 "175 625 • 17% Sale 130 600 10 138 % 2,450 23,470 '""560 14,500 74,900 22,300 3,500 650 15*2 900 900 800 4,800 49,800 8,100 33,500 95,200 7,400 67,000 1,000 12.200 1,300 500 . conv pref.... 114 148 150 115* 1754 Relter Foster Oil Corp....50c Reliance El A Eng Co 15* Sale* 5 Reybarn Co., Inc .......1 Reynolds Invest com .......1 Rice Stlx Dry Goods Co * 5 Richmond Radiator com 3% 5% Sale % We 53* 91 Nov. Nov. 25 975* Nov. 14 65* ^ 23? »* .8 2% Sale July 22 O 6 29 1085* UCI-. Oct. 28 475* Nov. 10 18 285* Nov. 12 87 5* 105* 235* 45* 25 103 3 3 14 Nov. 22 37 Nov. 21 5* Nov. 29 185* Nov. 9 395* Nov. 9 'il5* Nov."I6 ' Nov. 29 116 Nov. 28 150 Nov. Nov. 2 165* Nov. 14 17 Nov. 4 7 12 Nov. 16 2 185* Nov. 19 225* Nov. 12 25* Nov. 14 25* Nov. 14 55* Nov. 16 345* Nov. 4 755* Apr. 26 May 20 July Mar. Mar. May 7 May 45* Sept. 90 136 5 Nov. 3 Nov. 18 55* We 135* x2% 5* 45* 25* Nov. Nov. Nov. Nov. Nov. Nov. Nov. 14 21 29 16 19 9 26 5* Nov. 4 55* Nov. We 145* 45* *4 55* 35* 5 Nov. 21 Nov. 16 Nov. 7 Nov. 3 Nov. 12 Nov. 1 5* Nov. 4 2 17 Mar. 31 116 75* Mar. 15 5* Feb. 15 105* Feb. 3 Feb. Feb. July Jan. Nov. 19 18 19 Jan. 21 28 7 Feb. 17 9 1 Mar. 30 5* Mar 31 % Aug. 13 7 25 26 22 2 15 Mar. 31 Mar. 31 25* May We Sept. 85* May 25* Mar. % June 10 Oct. ' 4 19 12 5* Feb. 14 235* Oct. 40 Oct. 5 July 8 May 365* Oct. 55* Noy. We Jan. 145* Nov. 45* Oct. 15* Jan. 6 Juiy 35* Oct. 15* Mar. 29 35* Jan. 28 20 Oct. *4 235* 475* 75* 115* 7 ' May 9 152 Oct. 135* Mar. 21 175* Sapc. 29 33 30 30 29 23 Oct. 91 975* Nov. 14 5 14 26 16 5 5 17 16 28 7 29 14 8 Valley Gas Co— Voting trust ctfs...... For footnotes see page 1 Nov. 115* Nov. 5% * 115* Jan. 147 Sale 37 43 25* 3 45* 5 33 Sale * 22 Nov. 12 114 175* 19 .......* Reeves (Daniel) com..... 165* Sale Reed Roller Bit Co........ Rio Grande 150 Raytheon Mfg, com......50c Red Bank Oil Co 116 153 1155* Sale Sale 17% 17% Nov. 10 28] "SJ Sale 95 Raymond Concrete Pile— Common................* $3 . Jan. 47 ] 105* "Nov." "l 155* Sale 385* Sale 7 8 "45* 7% 2,675 Railway A Light Securities.* 1,000 Rys A Utll Invest cl A com..l 250 435* Sale 265* Sale 10% Sale 6% ..* 2,635 Quaker Oats com....... 6% preferred...........100 1,960 3,985 Quebec Power Co......... 590 400 12 42 Nov. 28 5* Nov. 29 Sale 8ale 24 97 Sale 12 415* Nov. 16 91 24 6% prior Hen pref......100 7% prior Hen pref......100 {Public Utll Securities— $7 part preferred.. .....* Puget Sound P A L $6 pf • $5 preferred * Puget Sound Pulp A Timb-.* Pyle-National Co com 5 Mai 1035* Jan. pref..* $6 preferred * Public Service of Oklahoma— Public Serv of Ind pr 9,300 Pyrene Mfg 9,400 6,300 95 6% 1st preferred.......100 7% 1st preferred 100 1 % Sale 5* We 48 November Shares Shares 100 450 " " 200 1,600 V;'-i.Sv;" 375 Royalite Oil Co Ltd........* Royal Typewriter com..... Russeks Fifth Are Inc...2,50 125 2,700 2,800 117,350 19,700 95,100 t 3,750 27,700 48,400 775 6,150 4,100 1,600 20,300 i:yvv: 900 y yyy: 900 900 400 ;; '■''HO"-:.: ,':S;::;K$:S':s ':Vi'>¥nSV ■; :-': '.■■ ■ '■ 10,000 14,400 1,100 y-.:'<yc\ ' ' ; 1,475 32,900 65,300 13,400 1,200 180,100 52,600 4,050 93,200 15,700 11,200 4,700 50 ]^yyhy:yy.!,::-v :V -,'tyyy 15,000 9,500 :yy 450 28,000 2,750 1,250 1,050 *"400 351,025 147,500 i 5,900 69,535 2,600 75 157,000 9,100 800 5,300 280 ' •' V.." ;4ii: • 'N.'-V ;:>V- 3,800 10,820 ' '■'■ y yy. ■' yyr/y yy .* Ryan Consol Petroleum * Ryerson & Haynes Inc com. I 8 • 6 Ms 800 Scullln Steel Co common Warrants 5% 3 38 82 ■'■■■'.■■.>:■■ Sale y'M: . i$XV.-:;V:V •"r. . ■ ( Sale 5% rt5iN 9% Sale 40% Sale 2% Sale % 1 Sale 62 ._» Segal Lock Sc Hardware com 1 Seiberllng Rubber com.....* Selby Shoe Co com.........* Selected Industries........1 Convertible stock ......5 $5.50 prior stock 25 Allotment certificates..... 1H Sale 1% 30 45 IK Sale 2 % Sale "I" Sale 7% 51 52 59 58 8 3% 4% Sale 26% 16% pref A A A 2 1% 12% 26% Sale 17"" "23" Sale 1% Sale 1% Sale 12% Sale 1% Sale 2 2% 11 28 32 Sale 29% 32 % Sale 4% Sale 4% Sale 1 "1% Sale "I"" Sale 73^ 67% 74 78" Sale 9% 68 10 71 71 3% 6% Sale Sale 150 400 Shreveport Eldorado Pipe Line stamped .25 SIlex Co (The) common.....* Sale 108 100 700 600 6K 5% 13% Sale Sale 2% Sale 3% Sale 16 1,900 2,700 1,650 2,000 12,200 10,300 900 500 7,100 5,100 17,200 2,200 19,500 30 31 20 24 I 30 28 18 30 22 1 Jan. 15 Jan. 22 Feb. 28 July 19 Nov. 23 8% July 21 11% Nov. 14 40% Nov. 30 4 Jan. 11 1% Jan. 13 92 Mar. Jan. 11 July 25 6 18% July 20 Apr. "4% "Nov.""! Mar. Nov. 10 Mar. 71 18% 2% 1% 13% 29% Nov. 9 Nov. 10 Nov. 4 Nov. 9 Nov. 16 Nov. 18% Nov. 9 3% Aug. 1 2% Jan. 27 2 Nov. 21 1 Nov. 4 12% Nov. 1 Nov. 28 25 2d""Nov."l8 Nov. 28 Sept. Nov. 28 15 12 Nov. 10 75 Nov. 2 48% Mar. 31 26 75% Nov. 2 49% Mar. 31 % Nov. 9 %8 Nov. 1 ""%Nov."23 '"i""Nov.""i 3% 12% % 9% 71% 72 5% Nov. 14 Nov. 4 1% Nov. 2 15 3 6% Nov 28 1 3% Nov 7% Nov, Nov.""! "7 Nov 28 4 114 4 Mar. Nov. 22 Nov. 9 Nov. 2 Nov. 10 1% Jan. 17 Nov. 21 12 16 13% Nov. 35 Mar. 24 1% 5% 17 1 % 12 Jan. Nov. Jan. June Nov. 9 Oct. 17 10 14 11 29 Nov. 10 75% Aug. 8 75% Aug. 10 7 Oct. 19 Nov. 22 Oct. 17 July 25 Oct. 117 114 14 Jan. Sept. 6 4 10 % June 23 July 8 6 11 £22 Sept. Apr. lA Sept. Jan. 1 Aug. 29 Nov. 3 4 Mar. 66 107 Feb. 26 26% 14% 2% 2% 1% Feb. Sept. % May Aug. Nov. 28 12 25 June 2 21 4 29 26 3 9 Nov. 16 2 Jan. 29% Nov. 16 113% Sept. 21 Nov. Nov. Nov. Nov. Nov. Nov. 14% Nov. 2% Nov. 24 July 16% Jan. 21 3% Mar. 30 % Mar. 29 1 Mar. 22 29% June 21 % May 26 2 Mar. 25 11 June 6 % Mar. 18 5 Mar. 30 10% Nov. 28 1% Nov. 28 1% Nov. 30 27 Oct. Mar. June 26""Nov."l8 18 4% Oct. Mar. .. 2% 3 ~"!""Nov."!8 1 Nov. 1 Mar. 25 Mar. 26 6 Aug. 24 Oct. 13 % May 23 14% Oct. 13 ... 26K 24 26% 24K 1% Nov. 18 6% Nov. 1 2% Sept. 26 28% Sale 26% 26% Nov. Nov. 28% Nov. 1 26% Nov. 23 40% Nov. 28 3 Nov. 'Ik "3% Nov. 21 2% 2% Nov. 3% 2% Nov. m 145% 155 3T 4% 2 2% Nov. 37?? Sale 38 25 ""5% 33 Nov. 21 20 17 a12*X Sale 9% Standard Oil (Nebraska) 21 101% % Nov. 1% % 2 J 16% Sale 22 22% 2% 2% 13% 14 13% Sale 17% Sale in li 16 22% 25 22% Nov. Sale 13% 11% 17% Sale 2 32* Sal* Sale P 22 Sale Sale 2% J.!* Nov. 30 32 Nov. Nov. 18 Nov. 30* 135 1* 10 Oct. 20 *1 16 Aug. 12 Nov. 18 4% Oct. 6 1 % Jan. 4 Aug. 26 3% Jan. 28 Aug. 25 Nov. 23 Nov. 28 Oct. 17 Mar. June June Oct. Mar. May 12 Sept. 21 Jan. Oct. 6 Jan. 8 Mar. 1 Jan. 31 Apr. May % Feb. 24 % Nov. 30 3 20 Apr. 11 5% Mar. 8* 7 91 July 5 % June 23 % Jan. 20 Aug. 3 Oct. 18 1 July 27 Jan. 5 Nov. 3 12 Mar. 30 23% Nov. 9 18 Jan. Aug. Aug. 9 3 2% Nov. 10 14% Nov. 12 14% Nov. 10 2 Apr, 11 Apr. 18% Nov. 21 15 1% Nov. % Nov. 18 2 3 5 4 3 Nov. Mar. June 1 Nov. Nov. Nov. 8% Aug. 31 22% June 30 104 9 1 Oct. 6 14 3 40 Oct. 15 11% Nov. 9 Jan. 3 24% Oct. 0 4% July 25 1% Jan. 1% Jan. Sept. Juine June Mar. Feb. Mar. 3 20% Nov. 2% Nov. Feb. 21 Nov. 12 14% Nov. 10 18% July 1 itn Mar. 31 1 % Nov. 22 Mar. 29 18 Nov. 14 Nov. 10 WNov. 9 Nov. Nov. July Mar. 18 Nov. 17 Nov. Nov. ., 25% Mar. 23% Mar. 34% Apr. % Nov. 7 % Nov. 30 4 6% Nov. 21% Nov. 103% Nov. Nov. % Nov. % Nov. 9 22% Sale 2% 2% 5 10% Nov. 28 17% Nov. 15 Sale 1 Nov. 18 13% Nov. 21 6 6% Sale 6% Sale 20 21% Sale 20% 20 103 103 102 103% 102 Sale Sale 3% Nov. 26 1 Nov. 17 % Nov. 7 16* 2 12 11 7 Nov. 30 Sale 4% Sale Standard Tube class B.....1 Nov. % % 4 9 3 6% Nov. 23 Nov. 3 33 Nov. 14 20 Nov. 33% Sale Sale 14 Nov. % 16' Sale Nov. 4% Nov. 14 2% Nov. 7 Nov. 1 6 Spencer Shoe Corp ........* Stahl-Meyer Inc com.......* Standard Brewing Co......* Standard Cap & Seal com.-.l Conv preferred— 10 Standard Dredging Corp— 149 Nov. 25 9 Nov. 21 Nov. 140"* 148"' Mar. 23 Aug. 8 5% Jan. 14 5% Jan. 12 Oct. 3 Nov. 18 1 16 2 Nov. 30 254 4% Nov. Mar. 17 1% Mar. 26 1% Mar. 26 3% Mar. 28 ""4% "Nov."! 5 Sale * 4% Nov. 3% "Nov." 1% Nov. 5% Nov. 2% Nov. Sale com 208 4% Nov. Sale 1% 6 1 .........1 1 South Coast Corp com 1 Preferred A 16 3% Nov 13 Soss Mfg Co .10 1 16 Nov. 1 2% Nov. 1 1% 4% Nov. 16 2% Nov. 30 235 Nov. 9 208 .Nov. Nov. 12 2% A* Sale 85 25 42,710 Standard Oil (Ohio) com..25 5% pref —100 3,025 84,500 Standard Power Sc Lt com._l Class B common ...* 11,200 $7 preferred ...* 14,060 1 70,150 Standard Products Co 175,500 Standard Silver Lead..—..1 106,000 Standard Steel Spring Co..5 500 5 35 2% % 9 !""Nov. 21% >18,400 1,200 3,400 4% July 68 2% Nov. 28 Nov. 19 12% 4% Sale Solar Mfg Co Sonotone Corp Common.. —1 9,700 $1.60 conv preferred 20 1,550 Stand Invest $9H P*ef w w._* 10,550 ; 89 000 Standard Oil (Kentucky)..10 600 500 Nov. % 35 30% Nov. 25 Oct. 28 6 29 15% Nov. 28 .... 11 208 Sale 5K "6% 9,200 1,146 4,200 15,500 9,350 73 1% 3% Mar. Jan. Mar. Mar. June Sept. Apr. Mar. Mar. Mar. Mar. Mar. 3 5 Pub 950 So West Pa Pine Lines..—50 Spanish Sc General Corp Ltd Am dep rets ord reg shs..£l 9,200 Am dep rets ord bear.._l£ 2,100 1.600 Nov, 30 62 4 1 i2 41,500 Southland Royalty Co 5 33,600 South Penn OH...........25 :?-■ yy-y.&-y Nov. 16 Nov. 2 3 1 112 112% Sale Singer Mfg Ltd— Am dep rets ord reg shs..£l 3,300 Southern Pipe Line 3,900 Southern Union Gas 50 11% Nov. 14 40% Nov. 30 Sherwin-Williams of Can...* 430 South New Engl Telep Co. 100 425 Nov. 17 Nov. 23 Nov. 2 6% 9% 20% 20% Nov 14 20% Sale 101 Nov 28 111% 3% Sale 8% Sale 20% Sale 100 27,700 Sou Calif Edison pref B 25 18,400 &H% pref class C 25 1,710 5% original pref 25 5,300 Southern Colo Pow cl A..25 290 7% preferred 100 2,800 3,200 1 9 Nov. Nov. 2% Nov. 30 % Nov. 23 JA* 4 Sale 75 Sioux City G Sc E 7% pref. 100 100 Skinner Organ Co— ' 425 Smith (Howard) Paper Mills. 46,300 84,400 21,900 15,200 9 37 40 79 7 22% June 1 224 8,900 1,800 3,100 5% Nov. 29 .. 12% %, Sale Sherwin-Williams Co com..25 cum 3 Nov. 30 Nov, 2 Nov. 25 14% Nov. 1% Nov. 25 2% Nov. 6% Nov. 17 % Nov. 9 96% Feb. 17 Aug. 11% Apr. Sept. 3 7 Seversky Aircraft Corp.....l Shattuck Denn Mining ..6 Shawlnigan Water Sc Power.* 5% % Nov. 39 69 18 2,740 Singer Mfg Co.—.......100 8,200 : 1 22" "24" 4,100 3.700 iv.-i-i?':'" % 25% IK 180 100 500 75 • 2% Sale i ^ 6 10 iy' 38 16% Sale 2% 2Y 1% 1% 12% Sale 1% 12",800 :;':# Sale Sale 5 ""loo ■-:-F 4 Sale8 75 Nov. 25 5 25 Highest Sale Prices Sale Prices 90 Apr. 60 3 1 Seaman Bros common Nov. 25 12% Nov. 21 1% Nov. 12 1% Nov. 29 m if 200 ■yk^y-yy.- 9 7% 35% 3% IK Sale 380 -v, 7 7% Sale 34 filOO Corp conv pref • 44,800 Simmons H'ware Sc Paint Co * 28,800 Simplicity Pattern Co 1 50 5,300 8,700 /V-V'-V > 69"" "70" 7 * ... Simmons-Boardman . il 11 39 40" "42 % 2 1% 8 "A % "12% "13% Scranton-Spring Brook Water Serv $6 pref .....* Securities Corp Gen'l com..* Highest Sale Prices *13% "15% "13""Nov." 4 "14" "Nov."28 15 14% Sale IK 1% 2% Sale 9 Lowest Lowest 25 5% 6 % 1% 3 Sale Selfrldge Prov Stores, Ltd— American dep rets 2,300 £1 13,200 Sentry Safety Controls .1 700 Serrick Corp class B com 1 9,800 Seton Leather com ....* 1,300 ■ pref "13" "!6% "15 Ask Ask Bid Bid Sale Prices Nov. 30 Nov. 1 Ask 660 Scranton Lace Co common..* 16 yyymy cony Bid 9,500 Schlff Co com............. 20 46,400 Scovllt Mfg Co 310 Scranton Elec $6 pref...., 9,300 :::: $2.50 364,600 St Regis Paper Co.. ..5 13,200 7% preferred...........100 .1 10,000 Salt Dome Oil Co..... 23,500 Samson United Corp com...l 8,000 Savoy Oil Co...............5 150 9,300 ' Rustless Iron & Steel Corp..l Safety Car Heatlnd & Ltd... * 700 St Lawrence Corp Ltd......* 350 A $2 conv pref..........50 24,700 . Sy:y * 39,800 Root Petroleum Co com... 7,400 $1.20 conv preferred.....20 7,700 Rossla Internet Corp ......* 3,200 J Roeser & Pendleton Inc. Rolls-Royce Ltd— 400 Am dep rets ord reg £1 34,700 Rome Cable Corp common. .5 8,750 Roosevelt Field Inc........5 5,200 "'" STOCKS (Continued) 3,500 RANGE SINCE JAN. 1 NOVEMBER IN Price Jan. 3 1938 Far 1,650 Rochester G & E 6% pf D.100 ""200 " PRICES NEW YORK CURB EXCHANGE Since Jan. 1 In EXCHANGE CURB SALES aggregate i'-y; YORK NEW Apr. Standard Wholesale Phos & 75 6,200 ........20 Acid Works 137,400 Starrest (The) Corp v t c..l 150 Steel Co of Canada ord.....* ""150 1,500 1,200 23,800 25 100 Stein 11 3 3 13 4% Sale 13"" "15"' 425 800 3,100 1,000 21,400 (A)fc Co com ....* Sterchl Bros Stores Inc.....* 6% 1st preferred........50 5% 2d preferred 20 18,200 Sterling Aluminum Prod 1 16,600 Sterling Brewers Inc 1 75.800 Sterling Inc-«.....;...w.»l > 4% 3% 12" 5% Sale 3% 3% "!|" Sale 3% Nov. 17 13" "Nov." 17 3% Nov. 30 35 Nov. 14 "7% Sale" 6 iff Sale 2% 7% Sale 3% 4 3% Sale 7% Nov. 30 6% Sale 3 3% z3% Sale 6 Nov. 28 3% Nov. 22 3 Nov. 3 4% Nov. 1 13" "Nov." 17 5% Nov. 1 35 Nov. 14 7% Nov. 30 7% Nov. 9 3% Nov. 7 7 4 62 2% 17% Oct. 2% Jan. 8 June 10% Apr. 16 «2%Apr. 2 17% Oct. 2 5% Apr. 8 July 11 15% Oct. 22 5% Nov. 1 69 4% Mar, 31 35 6 10% Sept. 8% Oct. 4% Jan. 4% Nov. June 27 3% Apr. 1 2% Aug. 11 Oct. 31 21 24 25 10 4% Nov. 10 2 7% Nov. 7 5% Mar. 24 1% Nov. 16 10% Nov. 15 Nov. 22 2 7% Mar. 30 13 July 23 13 Nov. Mar. 24 II 100 V Vy. 14.125 Stetson (John B) Co com...* 8,850 Stlnnes (Hugo) Corp 5 9,900 Stroock (S) Sc Co Inc * 20,200 Sullivan Machinery Co.....* 1,400 Sunray Drug Co common... 1 22,300 1,300 2,000 ' x78,850 Sunray OH 1 6,900 5H% conv preferred.....50 4.800 Superior 011 Co of Calif 25 1,800 1,100 1,950, 1,500 60 Superior Portl Cement A 50 ;^vS": .00 \ ■ S : . 6,700 1,800 900 2,600 22,900 com .........1 Tampa Electric Co.........* Tastyeast Inc class A.......1 Taylor Distilling Co 1 Technicolor Inc common...* For footnotes see page 53* 13 7% Sale 11% 16% 3 30% 9% 12% Sale 34 44\\ 6% Nov. 28 1 1% 9% 11 0 Sale 11% Sale 10 Sale * Oil Corp .....15 B90,800 Taggart Corp 21,400 13,300 28,700 408,200 11 7% Sale 1% 1% 38% 41% Sale 9 9% 10% 12 2% Sale 34% 37 45% Sale 1 Nov. 22 8% Nov. 25 H Nov. 25 12 Nov. 2 Nov. 35 40 43 Nov. 3 Nov. 1 9 1 Nov. 28 13 Nov. 9 12% Nov. 9 2% Nov. 23 37 Nov. 2 45% Nov. 30 44 Nov. 1 Class B common.........* 500 Swan-Finch '• 7% Sale 1% 1% 1 7 Jan. 5 Mar. 28 8 39 Oct. 8 5% 4 % Sale 27f 5% 8% 29 16^ Sale4 5% 6 33% Sale "J*A 1 Sale 5 34% Sale Sale 22% Sale 7 „ 21 i 1 Sale ITSTov. 4 44 19% Nov. 21 Si Nov. 30 Nov. 2 Mar. 29 Feb. 8 Mar. 31 Mar. 30 14% Mar. 30 „ 9 1 1% Nov. 3 22%JSTov. 14 Nov. ► 1 17 1 Apr. 18 5% May 17 5 Nov. 19 33% Nov. ► 1 % Nov. 15 6 Feb. 13% Feb. 1 3% Jan. 18 39 Aug. 26 45% Nov. 30 2% Mar. 31 29% Apr. 13 43% Nov. 9% Aug. Nov 1 15% Oct. 31 8 Sept. 8 6% 34% % 1% July 19 Nov. 30 Jan. 10 Jan. 11 26% July 29 NEW Dec., 1938] AQQREQATE NEW YORK Shares 325 20 4 common—5 9 Sale 11 8 Sale 4,800 2,550 4,600 36,650 42,500 Thew Shovel Co Tobacco* Allied 2,500 1,150 88,600 ......1 Constr..* Tilo Roofing Inc 400 Tlahman Realty & 2*6 2*4 ord reg shs..£l def reg 5« 16*6 17% Shipyards Corp ....» 770 Toledo Edison *% pref_.100 420 7% preferred a 100 44 % • Tobacco Prod Exports 100 2,000 50 50 4,900 6,100 11,350 Am dep rets Am dep rets Ltd Todd 4-i88 8,010 25,000 56,600 100,300 40,800 I,400 5,700 1,300 3,100 1,300 109,600 Common.. 18,200 Class a— 34,800 Tung Sol Lamp Wks 13,500 80-cent dlr pref 2,800 1,100 8,100 17,100 Sale Tonopah Mining of Not 1 Trans-Lux Plct Screen com.l Sale* Sale Transwestern Oil Co......10 Sale Sale Trl-Contlnental Corp Warr_. Sale Sale * 7% 1 7% Sale 10 9% Tubize Chattllon Corp— 1,800 300 100 1,600 400 2,900 100 ..... 10,800 5,000 11,100 18,100 2,400 47.000 2% 6% 1 Sale 3*6 8 Sale 41 34 s* 7X Sale 4X 5% Inc.....jo 1% 1x 12% 13% 4% 13 X 3% pref ... Unexcelled Mfg Co 11% Sale pref.....* * Ulen & Co series a Series b 25 ...1 com 1*6 1 * Union Gas of Canada Highest Sale Prices 67 Nov. 28 74 44 Oct. 28 Nov. Nov. Nov. Nov. 25 28 28 28 94 83 Jan. 24 Oct. July 29 ~4** Nov. 15 3 hp irA com..* Union Premier Food Stores. 1 150 Union Traction co— 50 Union Investment Co Sale 10 3% 12%. 2% We Sale X X 2% Sale 4% 5*6 % Sale 7% 10 9% Sale 2% 7% 3 7% 5X 3*6' 6% 5% IX 12% IX Sale 3% 12X 2X ' . 4% 13% 5% 1 -n°v. X Nov. 7 2*4 Nov. 22 4** Nov. 28 *6 Nov. 18 8 Nov. 16 ; Nov. 28 Nov. 29 9 11*4 Nov. 1 , Nov. 2*6 Nov. 25 7% Nov. 21 3*6 Nov. 8*4 Nov. 7 4 5,000 200 400 153,100 11,600 45,400 2,900 11,000 517.600 72,100 763,100 30,095 81,200 120 s3 Un United Gas common 125 100 Warrants 625 400 16,400 .......1 * $7 1st non-vot pref.. - - 1% — Sale 540 United g & e 7% pref... 100 299,800 18,600 295,600 1,625 20,700 cum partlc pref .* Cigar-Whelan Stores. 10c United Corp warrants 3% Sale 3% ,4% 21% Sale 17% 20 68 71 United Lt 8c Power com a...* Common • class b 56 1st pref. * United Milk Products com..* s3 preferred * "3% Sale" 3X 32% 3% Sale Sale 45 4 39 1% Sale 3 Sale 82% Sale % Sale 2% a 23 25% 21 23 70 75 68% 80 United Molasses Co Ltd— 200 10 2.700 Am den rets for ord reg 180 United n j rr & Canal._100 1,400 7,500 100 400 4,300 9,000 4,250 390 1,600 26,700 4,300 1.100 1,700 600 2,500 800 900 410 1,100 4,200 12,800 100 7.300 Unit Profit Sharing com.. u s Foil class b 1 2 *6 5 * — 20,300 United Stores Corp com vtc • 120,600 United Verde Extenoion._50c 173,400 United Wall Paper ..2 1,000 Universal Consol Oil co—10 64,500 Universal Corp v t c —-.1 .....8 8,000 Universal Pictures com 1 1,100 3,100 1,000 3,700 35,200 9,300 1,600 Sale Sale 71 20,700 us* Internat Sec com • 12,850 1st preferred with wan—• 20,800 u s Linos Inc pref ...__* 6,350 u s Playing Card com 10 47,200 u s Radiator com 1 20,000 u s Rubber Reclaiming....* 7,800 u s Stores Corp com........* 2,120 57 Conv 1st pref..........* 1 1% _1 common. 1 6% 11 8 25 25 com 200 Universal Insurance """200 % 25c .......10 Shipyards class a—1 10% preferred 207,500 United 156,200 Class b 44,125 United Shoo Mach 4,520 Preferred 18,100 United Specialties 118,400 6% 5*6 5% Sale % IX 50% Sale 5 * llA 6% 10 Mi Sale 1*6 Sale 81 Sale 4% 4% 6% Sale 'P IX Utah Pr & Lt $7 pref 5% 8*6 10 X 1% 82 3% 6% X 65 % a 1% Sale 4X Sale 2X '3 X X 15 7*6 Nov. 5*6 Nov. 1*6 Nov. 1 2 9 13*4 Nov. 3*4 Nov. 13*6 Nov, 3*6 Nov. 23 25 14 5*6 Nov. 5 Nov. 1*6 Nov. 12*6 Nov. 3*4 Nov. 12*6 Nov. 3*6 Nov. 7 9 26 23 3 14 IX 29 X 4% 2% We 550 300 1,100 5,800 450 1,800 5,300 11,000 80 1,100 13,500 1,700 ""'loo 500 300 7,300 1,300 800 500 1,400 9,000 51,800 ValsparCorp common 1 3,825 $4 conv pref 5 18,500 Van Norman Mach Tool com 5 30,300 Venezuela Mexico Oil—...10 l'H 2% 5 a]X Sale 8% 1% Sale 13 3% 4 *6 9 1% 17 Sale 15% 5% 18% Sale 17 14 7 8% IX IX 1% 52% Sale Sale Sale Sale Sale Sale 4*6 Sale Sale .._* 24.400 Waco Aircraft Co 18.800 Wagner Baking com vtc * 50 7% preferred.. ....100 400 Wahl (The) Co common * 3,900 Waltt & Bond Inc class a..* Class b ♦ 3,100 31,500 Walker Mining 1 II.300 Wayne Knitting Mills ......5 11,700 VVeisbaum Bros-Brower Co__l 18,600 Wellington Oil Co common.. 1 43,000 Wentworth Mfg Co .1.25 47.900 Western Air Express Corp..i 100 Western Grocery com 20 440 2*6 2*6 51 54 Wt Sale 1*4 Sale 2X 26 2% 10 Sale Sale 14*4 31M 1*1 0% Sale 11 2X Sale 31% 34 32 25 27 27 OX Sale 1 9 2*6 3% Sale 7% 8 34 Sale *6 8*6 1,250 Common ._...* 425 Westmoreland Coal Co.....* 50 525 Westmoreland Inc. 5*6 6 5,100 350 500 500 3,000 500 565 380 a5% Sale 6*4 7 *6 Sale 1*6 Sale 4,000 12,500 17,200 2,500 $6 preferred —.....* w Va Coal & Coke com.....* 1 * Williams (r c) & Co Williams Oil-o-Matic Htg.._* Wilson Jones Co com..__...* Wllison Products Inc....—1 140 Wisconsin p * l 7% pref .100 7,400 Wolverine Port Cement....10 500 1,100 29,700 Am dep rets ord shs 8,200 ....5s 484,400 Wright-Hargreavea Ltd.....* 53,100 Yukon Pacific Mining co—5 For footnotes see page 53. 18 65 Nov. 4 Nov. 22 Nov. 7 30 30 14 15 7 Mar. 30 Mar. 29 1 Mar. 30 10 3 22 Wt Nov. Nov. 7 3*6 Nov. 7 *4 Feb. 21 *6 Sept. 15 IX Mar. 29 7 Jan. 31 1*6 June 11 7 May 21 Mar. 29 3 9 May 31 2*6 54*6 *6 1*4 Nov. 1 Nov. 9 Nov. 16 - Nov. 25 1X4, Nov. 26 Nov. 23 5*6 Nov. 25 Nov. 26 Nov. Nov. 50" Nov. 22 8*6 Nov. 23 1*4 Nov. Nov. 7 1 Nov. 30 6 " ■ 7 3 *6 Nov. 17 Nov. 3 34*4 Nov. 15 Nov. 10 Nov. 7 Nov. 10 Nov. 3*4 Nov. 11 Nov. 2*6 Nov. 10 2*6 Nov. 32 9 Nov. *6 Nov. 16 Nov. 26 4 9 Nov. 21 Nov. 28 1*4 Mar. 30 Wt Sept. 28 Feb. 14 3 Nov. 25 Nov. 18 2 11 Mar. 30 7 Nov. 17 Nov. 10 Nov. 3 Nov. 10 50 29 17 12 27 28*4 7*6 1*6 75 10 Nov. 17 Nov. 12 1 Mar. 26 31 Mar. 26 1*6 June 28 1 X Apr. 29 31*4 June 20 *4 June 7 1*6 Mar. 30 *6 Mar. 28 *4 Sept. 8 7 Mar. 25 1*4 Mar. 30 20*6 June 16 11 Mar. 31 2*6 Mar. 29 *4 Mar. 26 50 Nov. 22 4*4 June 2 6*6 Nov. 22 Nov. 9 1*6 Mar. 29 5*4 Mar. 29 8 1*4 Nov. Nov. *4 Nov. 4 Nov. 2 9 9 June Jan. 28 Jan. 12 Jan. 10 Nov. 15 Nov. 30 Feb. 14 Nov. 14 Nov. 15 Jan. 13 8*6 July 1*6 Jan. 19 11 70*6 Nov. 16 1*6 Jan. 32 656 3*6 *6 6*6 10 Oct. 28 Aug. 5 Aug. 3 Jan. 11 Aug. 10 Wt Mar. 29 154 Aug. 17 3*6 Oct. 10 19 Aug. 9 5*6 Oct. 13 8*6 June 23 8*6 Nov. 17 19*6 Nov. 10 1*6 Jan. 10 59*6 Nov. 10 2 Oct. 24 3 54 July 21 Nov. 9 Jan. 3 Jan. 17 %e Jan* 3 Jan. 14 2 17*6 Jan. 3*6 July 36 July 2854 Nov. 7*6 Nov. 1*6 July 77*6 Jan. 10*6 July 8 25 25 10 7 19 18 25 6*6 Nov. 22 11*6 Jan. 10 Jan. 83 Jan. 28 1 *6 Mar. 8 6 Apr. 7 Apr. 2 9 7 Aug. 3 May 31 70 42 7 6 13 Oct. 24 16 9 14 21 15 Jan.. 12 34*4 Oct. June 20 Feb. Oct. 3*4 Oct. 4*6 Jan. Apr. 2 3 Nov. Nov. 12 1*4 Jan. 78 Mar. Jan. Apr. 10 27 Aug. 11 Jan. 100 6*6 4*6 Sept. 13 July 8 230 1 *6 Sept. 16 9 8*6 July 1 2*4 Jan. 4 10*6 3 X May 6 50*6 Mar. 30 85*4 39 Jan. 4 44*4 2*4 June 3 Nov. 15 2 14 Jan. 212 1 18 4 Mar. 28 8 Sept. 23 July 6 Nov. 7 9 6 Mar. 30 Nov. 25 4*4 3*6 1 *4 1*6 Apr. 1 Sept. 1 Mar. 30 Sept. 14 Jan. 7 Aug. 18 8 oys oaie 3% Sale 4 Nov. 15 Nov. 5 Nov. 25 x5% Nov. 14 3*6 Nov. 22 3*1 Nov. 1 4*6 Nov. 25 53 2* Sale aW 3 % S3 Nov. 9 54 Nov. 10 30*4 Mar. 31 75 14 Nov. 17 14 Nov. 17 13*6 Sept. 15 8*6 Oct. 6 8 Oct. 6 22*6 Mar. 14 9*6 May 26 9*4 Mar. 2 Nov. 28 Nov. 25 i* 4*4 16 11 8 10*6 22 13 16 14 15 Nov. 4 9 Nov. 4 4 8*4 Nov. 4 9 Nov. 22 82 5% 8ale 7 1 5 5 Sale 5 2% 3X Sale 8% 10 8% 11% 2% 4% 0% l} 3 2% Sale 7 8 5*4 *6 Nov. 4 5M 5 Nov. 1 5 *4 5 Nov. 16 Sale 4 Sale Sale Sale Sale 6*6 Woolworth (f w) Ltd— 2,400 9 8*4 Nov. 50,000 Wolverine Tube Co com....2 14,700 Woodley Petroleum Corp 1 4,400 22 Nov. 18 ... 33,000 3,350 Weyenberg Shoe Mfg Co Nov. 19 8*6 19*6 1*6 59*6 West Texas Utilities Co— 20 1 ,Vr i 21*4 Oct. Mar. Nov. 1 Nov. 70*6 Nov. 1*4 Nov. 32 Nov. 5 Nov. 2*6 Nov. *4 Nov. 5 Nov* 24 6*6 Jan. 11 14*6 July 20 3*6 Nov. 14 Apr. 1*6 1*4 13*6 17*6 8*6 Nov. 17 16*4 Nov. 30 1 Nov. 19 49 Nov. 30 Sale 9*6 62 17 7*6 Sale Sale 9% 2*4 ...100 50 15 4*6 38*6 IX X 5*4 Mar. *6 Mar. *4 Mar. 2*4 Mar. 69 Mar. % Mar. 2% Nov. 29 17 Nov. 23 4*6 Nov. 23 Western Tablet * Stationery 150 30 30 Nov, 23 Sale Ry— 7% 1st preferred.. 30 W. Nov. 6% Petroleum Nov, Nov, Nov, Nov, Nov, Nov. Oct; 1*6 Mar. Mar. 7*6 Nov. 12 Nov, 29 65*4 1*6 29*6 4*6 2*4 We Sale 1 Venezuelan Mi Sale 1 Nov 6 11 42,4 27 70 Nov. Nov. Nov. Nov. Nov. 20 June 27 23 19 Wt Nov. 17 x Nov. 1 2% Sale 10X 13% 4X 4% 13 16*6 6 8% 16 j* s#le 1 Sale 49*6 Sale 8 750 Virginia Pub Serv 7% pref 100 9,200 Vogt Mfg Corp.. ....* Western Maryland 60 2% Sale 28 18 28 16 21 Jan. Oct. 6 30 93*6 Nov. 16 1*6 Nov. 1 78 Nov. 3 3*6 Nov. 9 3*4 Nov. 10 32*6 Nov. 1 5 Aug. 19 Jan. 7*6 Oct. *6 Mar. 30 11 Sept. 28 3*6 Mar. 30 10 Jan. 3 2*6 Mar. 21 38*6 Nov. 3 1*6 Nov. 12 % Nov. 10 4 Nov. 1 3 1 28 28 30 26 Nov. 26 Jan. 1*6 Mar. 26 Mar. 16 2 5*4 Nov. 4 5*4 223*6 Nov, 22 223*6 *4 *6 Nov. 10 9 9 Nov. 15 10% 1 10*6 Nov, 10*6 Sale 3 1*6 1*4 Nov, Sale 3 79 *4 Nov, 85*4 Sale 41*4 Nov 28 44*4 4*4 3*4 Nov 26 Sale X Sale 3 53 12% 3*6 IX 98.200 38*6 Nov. 1*6 Nov. X Nov. 2*6 Nov. 82 *6 Nov. *4 Nov. 76 Nov. 2*4 Nov. 2*4 NOV. 23*4 Nov. 22*4 Nov. 70 Nov. 2 18 Oct. Oct. 2 Nov. 30 4 5% 700 Utah Radio Products com__l 3,500 2,700 8,300 Nov. 30 4 4 * Utah Idaho Sugar Co... 5H 4% 31 16,400 Utility Equities com * 7,575 $5.50 priority stock.......* 12,100 Utility * Ind Corp com 5 23,000 Conv preferred...........7 97,200 tUtll Pow & Light com 1 6,800 Class b common.... 1 13,900 7% preferred ...100 Universal Products Co Sale 2*6! 2*6 26% Sale 13 Sept. Nov. 26 8*4 Nov.' 4*6 Mar. 30 4% 32 38% l*i Sale % Sale 3 X Sale 90 Sale IX Sale 4 * Common Jan. 4*4 Apr. 20 10% Sale Warrants United Chemicals Inc— 100 17 13 Mar. 31 2 6 17 6 12*4 Aug. 42*4 Oct. 27 5*4 Mar. 26 18 June 8 1 41 8 Oct. Feb. Oct. 5*6 Oct. 63 Nov. 1 14*6 Nov. 14 16% 2 Nov. 14 1*4 Feb. 24 75 Nov. 26 44 Mar. 29 Nov. 9 x85% Apr. 13 104 Nov. 26 98*6 Mar. 11 109*6 Wo Nov. 1 Wt Jan. 20 1 *6 Sept. 28 % Nov. 18 3 2*6 Nov. 1 1 *4 Oct. 5 7 5*4 Nov. 16 4*4 June 7 1 x8 X Nov. 4 *6 Jjne 1 8 Nov. 16 8*6 7 v July 27 United Aircraft & Transp— 258,500 5 Apr. 22 Mar. 18 2*6 Mar. 31 4*6 Nov. 17 Nov. 14 14*6 1*4 Nov. 14 Nov. 3 75 Nov. 2 103 Nov. 2 109*6 34 36 34 76*6 Mar. 29 Oct. 6 102 5*4 3*6 Mar. 29 6*6 Mar. 29 21 15 7*6 Mar. 31 Nov. 1 Nov. 22 4*4 Nov. 4 17 Nov. 9 14*6 Nov. 16 50 108 Tonopah Belmont Devel_.10c Trunz Pork Stores Inc Lowest Sale Prices 14*6 1% 64*4 102*6 2% 2 Highest Sale Prices 91*6 3*6 13*6 13*6 Sale 69 4% Sale 14% Sale 13% 14 2X 4 58% 63 4% Sale 50"" "57"" Stocks....* Tobacco Secur Trust Co 1,100 Sale Tenn El Pow 7% l«t pref__100 83C Texas p & l 7% pre! lou 28,800 Texon Oil & Land Co .2 2,900 Lowest Sale Prices Ask Ask Bid Ask Bid stocks {Concluded.) Nov. 30 Nov. 1 1938 Jan. 1 Shares Jan. 3 1 RANGE SINCE JAN. NOVEMBER Price CURB EXCHANGE November IN PRICES SALES Since In 49 EXCHANGE CURB YORK -1TH Sale 1% Sale 13** 14** 7% Sale 1*6 Sale 13*4 13*6 7*6 Sale 1*6 Sale 3*4 Nov. 26 8*6 Nov. 30 7*6 Nov. 9 3 Nov. 15 8 Nov. 28 5*4 Nov. 25 133 7J Nov. 29 Nov. 1 1*6 Nov. 25 Nov. 16 1*4 Nov. 1 5*6, Nov. 28 5*6 Nov. 16 <3*6 Nov. 5 10 Nov. 17 8*6 Nov. 9 84 7 3*4 Nov. 2 9*4 Nov. 9 6*6 Nov. 17 Nov. 3 7*6 Nov. 4 14 1*6 Nov.! 2 67*6 X 4*4 4*6 . Mar. 29 Mar. 25 Sept. 28 Mar. 28 2*6 Mar. 25 6*6 June 16 6 May 31 58*4 Apr. 20 2 Mar. 29 3*6 Mar. 31 5*6 May 25 Jan. Oct. IV 19 4 *6 Nov. 25 8 Jan. 7 84 Jan. 12 Nov. 16 18 10 30 25 25 9 2 12 25 7*4 July 23 2*6 Jan. 7*4 Jan. 6*6 July 5*4 July 10*4 July 9*6 Feb. 70 July 3*6 Jan. 9*6 Oct. 28 13*4 Nov. 29 6*6 Mar 31 16*4 Jan. 8*6 Feb. 3 Sept. 14 2*6 Jan. 11 1 50 NEW YORK CURB EXCHANGE , aggregate sales PRICES NEW In "/ November HHT • Since Jan. 1 ' Bid 3,170,000 609,000 216,000 34,000 '85,000 544,000 211,000 7,000 "4",666 412,000 1,649,000 3,519,000 2,562,000 107,000 1,000 2,349,000 16,000 898,000 30,000 2,478,000 190,000 1,829,000 7,000 625,000 459,000 1,517,000 37,000 7,000 655,000 120,000 41,000 3,000 18,000 157,000 37,000 17,000 3,963,000 1,23'/,000 660,000 304,000 152,000 1,002,000 452,000 243,000 64,000 60,000 271*000 46,000 506,000 47,000 103,000 173,000 57,000 59,000 881,000 86,000 360,000 176,000 755,000 1.222,000 2,201,000 298,000 2,837,000 579,000 1,292,000 418,000 302,000 550,000 4,353,000 2,070,000 3,911,000 1,846,000 65",600 RANGE SINCE jan. 1 Ask Bid | Lowest Highest Lowest Highest Sale Prices Sale trices Sale Prices Sale Prices Nov. 30 Ask Bid Ask BONDS * 167,000 53,000 53,000 174",600 Nov. 1 1938 $ 242,000 19,000 • NOVEMBER Jan. 3 f 56,000 Abbott's Dalrj 4s 1942 2,416,000 Alabama Power *%■ I967 470,000 5i 1968 894,000 1st 5s 1946 897,000 5s registered 5,000 1946 1st 8c ret 5s ..1951 823,000 5s Registered.........1951 7,000 418,000 Aluminium Ltd 5s ...1945 2,592,000 Amor Gas 8c Bloc deb 5s ..2828 5s called. 19,000 2028 3,000 253,000 64,000 52,000 107,000 IN Price YORK CURB EXCHANGE 98% 102 Sale 103 104 84 % Sale Sale 95% Sale 80 % 91U 86% Sale . 99 101 §2 - 94 90 101 Sale i02 96 X Sale 103% 104 84% Sale 97 98 89% Sale 103% Sale 99 Sale I60H 105% Sale l05% Sale" Sale 107 X Sale 103% Nov. 23 104 83% Nov. 28 95% Nov. 1 89% Nov. 16 102 Nov. 96% Nov. Nov. 2 98 Nov. 14 91 Nov, i0 3 103% Nov. 29 2 99% Nov. 30 106sn Sale 104% "Nov." "7 l05%"No"v."22 107% Nov. 1 108% Nov. 21 106»i2 Nov. 30 106% Nov. 21 American Seating 6s stpd 1946 77% Sale 105% 106 H 79 Sale 81% Sale 89% Sale 106 106 % 105% Sale 101% Sale 100% Sale &ov. 1 80% Nov. 30 90 104% Nov. 29 106% Nov. 22 Nov. 16 100% Nov. 22 102 Appalachian Power 6s 110 117% 103% 99% 49% 33% 106% 107 108% Sale Jan. 17 104 Oct. Jan. 27 86 Nov. 14 76% Apr. 70% Apr. 1 1 27 16 1 25 17 1 30 98 Nov. 14 102 65 86% Nov. 14 89 Jan, 91% Mar. 78 Apr. 80 Feb. 104% Sept. 106 Apr. 1065s2 Nov. 8 91% Oct. 29 103% Nov. 29 91% Mar. 16 99% Nov. 30 80 Feb. 25 107% Apr. 22 109% Aug. 23 106% Nov. 21 American Power 8c Light ; • 262",000 2,000 8,000 : 304",660 22,000 191,000 5i"666 79,000 42,000 .2016 6s— Atner Radiator deb 4%a_- 1947 2024 111H 118% 118% Sale 118% Nov. 2 119% Nov. 17 Sale Nov. 9 Sale 104 103% Nov. 1 104 99% Nov. 1 101 % Nov. 26 Sale 101% Sale 44 Sale 42% Nov. 25 51% Nov. 10 Sale 28 Nov. 17 35 Nov. 9 29% 30 Sale Ark Louisiana Gas 4s....l951 99% 100 Arkansas Pr 8c Lt 5s_.__.1956 92 36 27. Sale Sale 29 29% Sale" "35% Sale" "31"" Sale" Associated Blec 4%t——1953 Assoc Gas 8c Blec 4HIS...1948 4Hi registered........1948 AS 5s .1968 — "62 5%z 1st ctfs reg ....1938 «HiS series C.———1949 5%z -.1977 "28" Sale" "33% Sale" "28% Sale" 34 31 Con* deb 5s..........1950 5s registered 1950 Assoc Tel 8c Tel 5%« A ...1955 "72" Sale" 92 % 4H«—1955 Atlanta Gas Light 37 Sale 95 Atlantic City Blec 3%s..l964 43% Sale 36 37 41 Sale 30% Sale 36 99% Nov. 4 107% Feb. 23 119% Nov. 17 Nov. 9 6 104 96% Apr. 86 Jan. 26 101% Nov. 26 30 Mar. 30 51% Nov. 10 Nov. 9 20% Mar. 31 35 26% Jan. 19 26% Jan. 19 21 Mar. 31 36% Oct. 17 Nov. 10 26 62 9 Nov.23 Nov. 16 "35% "Nov." 10 30% Nov. 16 37% Nov. 10 28 40 46 Nov. 14 "77% Sale" "76" Sale" "75""No"v."25 "78% Nov."'9 102% Sale 102% Sale 102 Nov. 102% 103 102% 103% 102% Nov. 88 93 87 85 83 85 2 102% Nov. 25 Nov. 21 1 104 93 84% Avery (B F) Sons 5s w w—1947 5z ex-warr.....—.1947 36% "Nov." 16 99% Nov. 64"" "99% 166"" 29% Nov. 29 30% Nov. 23 registered..........1968 5Hs In* ctfc—.......1948 58% Mar. 31 91% Oct. 20 Aug. 2 108 Sept. 6 Jan. 3 102 Nov. 16 104 79 "84% "Nov." "4 "85"""No"v."I6 . Mar. 26 36 Jan. 4 100 Nov. 10 Oct. 11 64% Jan. 8 100 Oct. 11 20% Mar. 30 35% Nov. 10 23 Nov. 14 Apr. 1 46 21% Mar. 31 37% Oct. 17 Aug. 8 26% Apr. 13 31 62 Apr. 1 80% Jan. 13 92% Feb. 10 102% Nov. 25 Nov. 21 96% Apr. 4 104 Mar. 9 89% Oct. 6 95 Nov. 10 82% Oct. 6 85 Baldwin Locomotive Works— • 67 112 X 120 ♦Convertible 6s........1950 Bell Tel of Canada 5s 1955 1st M 6s ser B June 1 1957 5s series C__ .......1960 82 Canada Nor Power 5s..-.1953 1956 Cedar Rap Mfg A Pow 5s. 1953 Cent 111 Pub Ser* 4%« F.1967 Carolina Pr 8c Lt 5s. 114 Cent Ohio Lt 8c Pr 5s A..1950 Central Power 5s ser D—1957 Central Pow 8c Lt 5s—..1956 1948 SHs — —1954 - Cent States Pr 8c Lt 5%a.l953 Sale 37 X 39 X 44 % 1V68 —1981 Cent States Blec 5s 115 91X Sale 99 98 88 91 66 86 % —1956 4%a series H— 85 103X 103X 106% 107 96% Sale Canadian Pacific Ry 6s—1942 ! 5s Series G Sale 121% Sale 129% 130 79 81% 56% 57% Bethlehem Steel 6s—...1998 Birmingham Blec 4%*—1968 Birmingham Gas 5s ..1959 Broad River Power 5a A—1954 5s series E Sale Sale 40 99 90 93 70 Sale Sale Sale 100% Sale 98% Sale 111 111% 110% Sale 122% 121% 122 Sale 122% 124% 141% Sale 145 87% Sale Sale 121% 122% 141 % 89% 73 .84% 74% 87% 104% Sale 104% Sale 97% Sale 114% 115 99% Sale 104% 105 75 Sale 86 Sale 95 Nov. 28 110 Nov. 9 110% Nov. 28 111% Nov. 121% Nov. 122% Nov. 141 4 Nov. 22 2 123 1 122% Nov. 1 Nov. 14 142 90 87% Nov. 28 73% Nov. 7 85% Nov. 29 Nov. 10 Nov. 14 76% Nov. 22 86% Nov. 7 57 Nov, 103% 103% 103% Nov. 17 105 Sale 102% Nov. 30 104% Nov. 9 101% 5 100 73 97% Nov. 3 98% Nov. 12 114% Nov. 15 115% Nov. 21 111 102% Sale 85% 99% Nov. 3 103% Nov. 18 Nov. 2 103% 103% 103% Nov. 26 105 94% 103 Sale 92 102% Sale 102% Nov. 30 103% Nov. 7 85 101% 102% 99% Nov. 1 103 * Nov. 17 99% Sale Nov. 14 88 100% 101% 101% Sale 101% Nov. 2 103 84 85 85 Nov. 7 87 Nov. 12 66% 86% Sale Nov. 28 99% Sale 95% Sale 79% 95% Nov. 1 100 31% Sale 23% 37% Sale 30% Nov. 29 37% Nov. 3 28% Nov. 28 37% Nov. 10 30% Sale 23% 36H Sale 55 Sale Nov. 9 52% Nov. 30 56 52% Sale 32% 103 98 114 Mar. 31 110 110 Sept.16 117% Apr. 1 118 Sept.26 129 June 17 70 Apr. 4 55% Jan. 4 71% Mar. 31 Sale 115 Nov. 114% Jan. 123 9 18 Nov. 22 122% June 21 Nov. 10 90 Oct. 22 76% Nov. 22 90 Oct. 10 142 Mar. 25 105 Sept. 28 108% 98% Sept.28 115% Apr. 1 103% Mar. 31 105 Apr. 8 103% Mar. 30 103 Apr. 7 103 94 Jan. 7 Mar. 31 100 Mar. 31 41 Sept. 14 41 Mar. 31 57% Mar. 31 Nov. 9 Jan. Nov. May Nov. July July 18 12 20 18 26 15 Nov. 17 Nov. 14 Aug. 25 Nov. 28 Jan. 14 Jan. 12 July 19 Chicago Dlst EI Generating 60,000 26,000 86,000 5,000 3,000 118,000 372,000 1,000 13,384,000 29,000 1,351",660 165",606 87",660 126,000 89,000 671,000 250,000 105% 106% .1970 Chicago 111 Midland Ry— 4%a series A—.......1956 234,000 Chicago Junction Rys 8c Union Stock Yards 5s__ 1940 376,000 1,088,000 t+Chlc Rys 5s ctfs of dep.'27 105,000 Cincinnati Street Ry 5 H sl952 468,000 37,000 4%a series A... 91X 5s registered........ 98 98 90 71 80 75 90 72% 80 72% Sale 70% 75 70 62 99% 104% Nov. 14 105% Nov. 97% Nov. Sale 73 2 99% Nov. 16 3 Nov. 29 104% Nov. 104% 105% 104 104% 104 41% Sale 40% Sale 40% Nov. 1 42% Nov. 89 X Cities Service 5s...——1966 Con* deb 97% 104% Sale 85 —1955 6s series B 92 H 106X 106X 44% 47 105% 106 4 2 68% "94% Sale" 100 101x 52 X. Sale 52% Sale Sale Sale Sale Sale Sale 1 99% Nov. 16 5 15 Nov. 29 68 Oct. 4 87 Jan. 7 80 72% Nov. 14 74 Nov. 16 70 Oct. 5 91% Feb. 7 74 71% Nov. 75 Nov. 15 7l% Nov.14 47% Mar. 30 68 Oct. 17 43% Mar. 30 57% Mar. 7 42% Mar. 30 60 Sept. 12 7 67% Nov 29 . "68% Sale' "67% "Nov." "2 "7l%"Novri6 "69" Sale" "67% "69% r68"""No"v.""3 "7l%~Nov."l2 101% 103% 75% 76 Apr. 75 "67" Sale" "69% Sale" "68% Sale" 5s registered...———1950 3,000 5s —1958 2,139,000 5s registered....——.1958 4,000 5s 1969 95,000 2,225,000 Cities Service Gas 5 %•—1942 693,000 Cities Ser* Gas Pipe L 6«.1943 5,263,000 Cities Service P 8c L SHs. 1952 SH* gold deb 1949 2,032,000 84 101% Apr. 14 106% Jan. 40 Oct. 28 52% Jan. 2 Nov. 1966 5s..—...—.1950 104% Nov. 14 107% May 18 101% Sale 102% Sale 73% Sale 73% Sale 101% Nov. 1 102 Nov. 12 102% Nov. 22 103% Nov. 1 76% Nov. 12 76% Nov. 12 72% Nov. 29 72% Nov. 28 43 Mar. 30 86% Apr. 1 91% Mar. 30 40 Mar. 31 40 Mar. 31 75 Nov. 15 68 Oct. 71% Oct. 66% Oct. 71% Nov. 65 July 71% Nov. 102% July 103% Nov. 78% Oct. 79 Oct. 17 28 25 16 23 12 11 1 28 28 * 114,000 58,000 1,000 3,000 16,000 59 % Sale 94% 95 X 1,371,000 Community Pow 8c Lt Ss.1957 755,000 Community Pub Ser* 5s A1960 30,000 Conn Ltg 8c Pow 7s A——1951 127 106% 108 120% 125 1939 139,000 Consol Gas of Bait 5s 4Hs 137,000 128 1954 73 78 .Sale 74% Sale 101% Sale 100% Sale 100% 128% 130 128% 130% 128% 102% 104% 102% 103% 102% Sale 121 123 124 121 Nov. Nov. Nov. Nov. Nov. 29 26 16 10 1 52 Mar. 30 79 Oct. 28 78% Nov. 10 94% Jan. 4 101% Oct. 26 1 July 20 4 129 128% Nov. 16 125% Apr. 4 102% Nov. 10 102% Nov. 10 106% Jan. 7 124% Nov. 7 124% Nov. 7 120% Feb. 101 % Nov. Consol G E L 8c P Bait— 23,000 863,000 3%a series N .......1971 103 X Sale 109% 110% 109% 110% 100 Nov. 21 110% Nov. 16 103% Jan. 3 110% Nov. 16 Consol Gas Utilities— 65,000 428,000 19,000 6,000 222,000 67,000 41.000 45,660 71,000 14,000 22,000 386,000 69,000 242,000 12,000 11,000 222,000 62 78 97 50 6s A stamped —1943 699,000 5,121,000 Continental G 8t EI 5s ...1958 163,000 Cuban Telephone 7 H*—1941 1944 219,000 Cuban Tobacco 5s 1,548,000 Cudahy Packing Co 3%a.l955 849,000 253,000 1,241,000 1,479,000 498,000 288,000 201,000 191,000 Delaware Blec Pow 5%a 1959 Denver Gas & Blec 5s....1949 .1950 Detroit City Gas 5s B 6s series A...... 1947 101% 54% 98 64 100 67 100% Sale 104 108 % 108% Sale Sale 60 82 100 60 91 % Sale 59 Nov. 28 Nov. 30 Sale 82 Sale 97% Nov, 65% Sale 66 104% Sale .106% Sale 61% Nov. 2 86 Nov. 14 9 100 Nov. 30 Nov. 37 Nov. 23 90% Nov. 29 67 97% Nov. 1 103% Nov, 3 104% Nov. 25 106% Nov. 30 108% Nov. 1 100X 101% 103 104 I ♦Ctfs of deposit.—..... 1952 ""3% ""3% "~4% Sale" "3% "Nov." "9 ~4% 3 % % m $ ♦Ctfs of deposit.... 3,883,000 Eastern Gas 8c Fuel 4s A.1956 1965 919,000 Edison ElecTUum 3Hs 2030 4,224,000 Blec Pow & Lt 5s 218,000 Blmlra Wat Lt 8c RR 6s.. 1956 ...1950 190,000 El Paso Elec 5s A ...1952 1,014,000 Empire Dlst Elec 5s Sale 61% Sale 83% Sale 97% Sale ♦Detroit Int Bdge 6H*—1952 ♦25-yr sf deb 7s Sale 67% Sale !07H 107 H Sale 1 1 67% Sale 3% 4% % Sale % 1 63% Sale Sale 110% 110 Sale 74% Sale 3 Nov. 74 Nov. 29 Sale 110 77 Sale 106% 109% 108% 109% 106% Nov. Sale 87 103 105 . No*. 30 68 98% Sale Nov 30 3% Nov. 26 % Nov. 30 % Nov. 9 71 Nov. 5 109% Nov. 17 110% Nov. 28 63 104 101 84 ... 1 % Nov. 9 % Nov. 28 Nov. 104% 105% 104 99% Sale 98% Nov. 80 4 109% 4 104% 1 100% 53% Sept. 28 65% 63% Mar. 31 86 87% Apr. 18 100 47 Mar. 30 72% 90% Mar. 30 99 Jan. July 27 Sept. 2 97% Mar. 31 104% Nov. May 106% Nov. 30 110 91 Mar. 10 105% Oct. 93 Mar. 31 106% Aug. 2% Oct. 3 5% July 5 Feb. 2% Sept. 21 1% May % Oct. 7 % Oct. 6 1% Apr. 63 106 12 Nov. 14 Jan. 7 25 7 5 19 21 21 4 29 81% May 11 9 110% Oct. 21 Nov. 10 31 80 8 109% Nov.23 31 105 Oct. 18 30 100% Oct. 23 Nov, 30 Apr. Mar. Nov. 10 53% Nov. 23 Nov. 22 Nov. 23 97% Apr. 98 Mar. 83% Mar. Brcole Marelll Blec Mfg 6 Ha— Erie Lighting5s -.1953 .......1967 6,000 16,000 102,000 527,000 61,000 633,000 Federal 11,000 45,000 Finland Residential Mtge 6s stamped — 1961 250,000 834,000 Firestone Cotton Mills 5s. 1948 112",660 Water Ser* 55 65 103H Sale 67% Sale 5Ha. 1954 102% 94 Florida Power & Lt 5s.._ 1954 85% Sale" 123,000 127,000 Gary Blec 8c Gas— 5s est stamped .—.—.1944 844,000 .1956 1,780,000 Gatlneau Power 5s... 83 103 % 84H Sale li'666 75,000 1,000 76 78% 105 58 79% Sale 103 102% 102% 102 90 4,102,000 11,000 50% 100 557,000 5s registered..........1956 2,000 73,000 Gen Bronze con* deb 6s. 1940 1953 119,000 Gen Pub Serv Co 5s 1,044,000 Gen Pub Utilities 6Hs A .1956 33,000 ♦Gen Rayon Ltd 6a A....1948 55 103 104% 105H 21,000 First Bohemian Glass 7s. 1957 816,000 Florida Power Co 4s C—1966 50 106% 108% 107% 108 " 105 Sale 1 Nov. 76 103 102 5 571 Nov. 14 2 108% Nov. 9 Sale 95% Sale 90 Sale 95% Sale 94% Sale 97% Sale 104% 104% Sale 104 79% Nov. 21 58 98 Nov. 2 "89% "Nov." *2 "90%"No"v."l2 93% !Nov, 18 95% Nov. 94% Nov. 98% Nov. 18 104 38 Nov.14 Sept. 28 57 102% Apr. 7 108% Nov. 9 Nov. 29 104% Nov. 22 Nov. 22 102% Nov. 3 50% Nov. 1 2 2 104% Nov. 14 73 ^ 75 78 87% 70% 90 72 90% Sale 72 76H 73 85 80 Sale 77 82 85 95% Sale 79 Nov. 4 90% Nov. 1 83 Nov. 29 95% Nov. 30 82 Sale 82 Nov. 26 85 73 77 75 Nov. 10 75 Nov. 1 Nov. 10 Feb. 29 79% Nov. 21 Sept.27 105 101% July 21 105% 52 Sept. 16 95 76 Apr. 1 90% 74 Mar. 31 95% Feb. 21 4 21 Nov. 12 Oct. 24 Jan. Jan. 78 Apr. 1 98% Nov. 18 99% Sept. 28 104% Feb. 17 Mar. 25 Mar. 25 102 Nov. 29 63 Apr. 6 83 75% Apr. 7 95% Nov. 30 62 Mar. 31 85% Oct. 31 Apr. 26 72% Sept. 24 77 102 <■/ For footnotes see page 63* 55 107% Nov. PRICES SALES AGGREGATE NEW YORK In Jan. 3 Jan. 1 A..1943 1967 494,000 Georgia Pow A Lt 5a 1978 ......1953 23,000 ♦Geafuerel 6«_. Georgia Power ref 5a Glen Alden Goalie—...1965 119,000 Gobel (Adolf) deb 4%a ..1941 437,000 Grand Trunk Weat Ry 4a 1950 71,000 Great North Pow 5a stpd 1950 1945 88,000 Grocery Store Prod 6a 192,000 Guantanamo A W Ry to. 1958 96% 61 Sale 30 66 H 68 1 72 Sale Sale 58 62 87 89 108 47 111 53 58 57 90 107 H 65 Sale 74 53 60 Sale 120,000 746,000 18,000 130,000 216,000 228,000 625,000 436,000 9,000 241,000 52,000 1,000 168,000 Yi"6o6 29,000 75.000 96,000 61,000 16,000 4,000 5,000 118,000 300,000 266,000 610,000 44,000 18,000 112,000 14",000 13,000 3,000 142,000 31,000 23,000 90,000 29,000 21,000 57,000 239,000 162,000 178,000 960,000 1,098,000 46% 38 .....1948 5a aerlea A-... 353,000 Sale 1947 1935 'Hamburg E A Und RySHs'38 Heller (W E) 9c Co 4a w w.1946 Hall Printing 6s A stpd.. . 102 J 'Hungarian-Ital Bk 7 He. 1963 Hygrade Food 6a aer A 1949 6s aerlea B .1949 100 103 % 62 1957 llllnola Pow A L 5H«—-1957 5 Ha aerlea 17 •-*, 62 1954 1953 —....1956 317,000 102,000 620,000 107,000 132,000 148,000 238,000 1,025,000 632,000 233,000 Indiana Elec Corp6« A—1947 6Ha aerlea 5a aerlea C B..._....„.1953 5a aerlea G 44 % Sale Sale P ...1951 72H Sale Indiana Gen Service 5a..1948 108 H Hydro-Blec 5a A. 1958 5* 1957 1955 Indiana Service 5a 1950 let Hen A ref 5a 1963 88 Indiana Indiana A Mich El let A ref 5a 53 55 ... 'Indlanapolla Gaa 5a A.. 1952 56. Sale 44 305,000 (nt Pow Sec 6Ht aerlea C.1955 7a aerlea B ...........1957 181,000 7a aerlea P ....1952 168,000 265,000 International Salt 5a....1951 Interatate Power 5a.....l957 4,326,000 Debenture 6a 1952 1,672,000 63 107 Sale 88% Sale 99 99% Sale 102 97% Sale 99% 100 60 57% Sale 59% Sale 60 66% 58 Sale 60 109% Sale 58% Sale 108 58 65 55 60 59 64 107% 109 43% Sale 25% Sale 125,000 10,000 5,000 73,000 5a aeries D 1956 693,000 4 Ha aerlea P 1958 838,000 Iowa-Nebraska LAP 5S..1957 776,000 5s Series B .......1961 205,000 209,000 Iowa Pow A Lt 4Ha A...1958 790,000 Iowa Pub Serv 5s........1957 1952 189,000 Isarco Hydro-El 7a ...1942 34,000 Isotta Fraachlnl7a 1963 1,302.000 Italian Superpower 6a 156,000 63 H Sale 39 Lake Superior Dtst 116,000 291.000 4,000 101,000 46,000 72,000 191,000 97 95 96% , 3 Sale 102H 103 58 62 72 78 Sale 43 36% 37H 104% 105" 103 103 75 H 76 45 80 Sale 42% Sale 104% Sale 105% Sale 102% 118% Sale Sale Sale 102 Sale Sale 85% 85% 100% 86 86 >1 Sale 99 98 114% Sale 100 Sale 75 77 95 97 87 90 93 Sale Sale 92 Sale 66 Nov. 15 20 96 Nov. 29 Nov. Nov. 14 Nov. 2 43 107 65 Nov. 30 68 79 58 41% Nov. Nov. Nov. 54 60 1 58 1 63% 107% Nov. 16 Sale 57% Nov. 30 Sale 38 Nov. 3 Sale 84 82 78% Sale 100 78 Sale Nov. 2 90 Apr. 1 105% Sept. 30 109% Mar. 10 Nov. 3 109% Apr. 19 111% Jan. 104% Apr. 14 107% Jan. 45% Mar. 30 63% May Mar. 30 43 61% May July 49% Jan. 10 74 20 14 23,000 'Leonard TIets Inc 7HB-1946 1952 584,000 Lexington Utll 5a 733,000 Llbby McNeill A Llbby 5s 1942 Long Island Ltg 6a 1945 343,000 1957 2,075,000 Louisiana Pow A Lt 5a 102 23% 95 29 Nov. 15 Nov. 10 Nov. 9 Nov. 10 57% Mar. 31 45 46% 44% Nov. 49 98 76 87% Nov. 23 65 65 89 103 Sale 102% Sale 94 96% 104 Sale 23 30 Apr. 98% Apr. 97 100 99% 100 98 104 Sale Sale 88% 90 89% 106% Sale 105% Sale 96% 103% 88 Nov. Nov. 21 Nov. 23 106 30 Nov. 105% Nov. 14 18: 22 Mar. Mar. 103% Nov. 119% Nov. 102% Nov. 87% Nov. Mar. Mar. 89 103 16 10 28: 23 Nov. 21 Nov. 23 Mar. 93% Nov. 21 3 93 Jan. Nov. 12 Nov. 23 84 Apr. Mar. 101% Nov. 3 106 Oct. 15 30 Nov. 23 90 107 88 July Jan. Oct. 84% Apr. 25 84 99% Nov. 23 104% Nov. 4 97% Nov. 103% Nov. 27 7 50 8 106 2 106 78 101% Nov. Nov. 23 July 95% Apr. 93% Nov. 21 104% Nov. 28 26 Feb. Feb. 112 19 28 85 32 103% Nov. 16 119% Nov. 10 102% Nov. 28 1 Nov. Nov. 10 Nov. 14 53 Sept. 28 Sept. 27 100 102% Nov. 102% Sale 119% 120% 118% Nov. 102% 103% 101% Nov. 85 Nov. 87 Sale 85% Nov. 87% Sale 102 Sale 100% Nov. 92 Nov. 93% Sale 9 9 Nov. 14 Mar. 31 108 Aug. 13 9 Jan. 26 105% Nov. Sept. 27 63% Nov. 14 36 Nov. 3 Nov. 28 43 Nov. 105% Nov. 28 Nov. 105% Nov. 3 7 Nov. Nov. Mar. 29 102% Oct. June 16 101% Oct. 90 Nov. Nov. 10 11 85% Nov. 4 80% Oct. 17 Mar. 31 64 40 82 89 Sept. 26 65% 46% Sept. 26 67% 45% Sept. 28 65 107 Jan. 18 1093 35 Mar. 29 603 18% Mar. 30 46 Nov. Nov. 8 40 105% Nov. 63% Nov. 80 Sale 100% 101% 101 105% Sale "05% Sale Mar. 75 Nov. 3 Nov. 12 91 107 Mar. 29 100% Nov. 18 Apr. 6 101% Nov. 22 64 105 88 40 41% 104 105% Sale 105 105% Sale 84 2 Nov. 101 80 40 76 79 * Nov. 22 85% Nov. 80% Nov. 101% Nov. Nov. 83 Nov. 21 Nov. 14 46 3 Feb. 91% Nov. 14 Apr. 1 100% Nov. 22 Apr. 2 102% Nov. 28 Mar. 31 97% Nov. 21 Nov. 18 65% Nov. 9 67% Nov. 9 65 Nov. 14 109% Nov. 1 60% Nov. 10 3 July 22 67% Aug. 10 68 Mar. 31 Nov. 28 Nov. 90 87% Nov. 4 2 June 20 15 June 19 110 106 91% Nov. 14 102% 97% 100% 101% Apr. May Mar. 100% Nov. 22 1 3 Aug. 97 103% Aug. 104% Oct. 108% Nov. Feb. Mar. 64 Power— 3H« aeries A..........1966 475,000 2026 2,135,000 Lehigh Pow Secur 6a Sept. 18* 17 100% Nov. 15 34% May 19 Nov. 12 30 83% Feb. 96 Apr. 7 102% Nov. 30 108% Nov. 2 Nov. 99 50% Oct. 107% Mar. 23 101% Nov. 76% Jan. 27% Sept. Nov." 12 102 Nov. 99% Nov. Nov. 99% 100% 101 101% Sale 106 Nov. 106% Sale 107 104% Nov. 104% Sale 104% Sale 63% 56% Nov. 55% 56% Sale Sale 106 % 1966 301,000 Kansas El Pow 3Ha 2022 86,000 Kansas Gas A Elec 6s Kansas Power 5s A 1947 417,000 698,000 Kentucky Utilities 5a....1969 5a 1961 741,000 6Ha series D 1948 194,000 5Ha series P 1955 219,000 51,000 60,000 83% Sale Sale 66% 96 595,000 JackaonvilleGas 5a stmpdl942 1947 834,000 Jersey Gent P A L 5s B 4Ha aeries G 1961 2,572,000 21,000 10,000 69,000 115,000 131,000 26,000 28,000 69 H Mar. 29 75 30 106% Nov. 85% Nov. 98% Nov. 100% Nov. 95% Nov. 98% Nov. Interatate Public Service 66,000 191,000 148,000 7,000 6,000 29 ' 2 101% Nov. 14 100% Nov. 15 Nov. Nov. 63 Sale 62% Sale 51 49 87 Nov. 26 89 87 Sale 88% 109% 110% 109% Nov. 25 110 109% 110 106% 106% 106% 106% 106% Nov. 15 106% 56% Nov. 5 60 57% Sale 58 59% 57 Nov. 7 59% 57% Sale 58 59% 66 Nov. 9 67% 66% 68 64% 67 107" 55 64 63 Sale 47 Nov. 8 Feb. 62 30 8 67 107 Nov. 23 53 44% Nov. Sale 2 55 1 2 84 83 111% 106% 52 July 14 July 18 93% Mar. 8 Jan. 4 108% Nov. 2 65 Jan. 5 Oct. 31 59 Feb. 14 June 17 90 2 108% Nov. Nov. Nov. 47 Sale 98% 104% 100 Sale 87% Sale 89 93% 80 108% Nov. 98% Nov. 19 Jan. 10 33% Feb. 7 68 53 Apr. 27 81% June 22 Nov. 14 Nov. 14 60 9 25 Sale 95% 98% Sale ' 88% Nov. Nov. 17 87 7 78 Mar. 31 49% June 1 30 Sept. 9 40 25 ~20~ 106% Sale 85% Sale 99 H Sale 101% Sale 91% 96 "B" 6a aerlea A 11 106 % 1j8 83 79 65% Apr. 74% Nov. 23 7 Nov. 22 57 53 50 40 64% 64% 25 Sale 65 90 2,204,000 3,308,000 62 26% Nov. 26% 93 Nov. 95 97 93 H 92 102 101% Nov. 102 102% 101 101% Nov. 101 102% 102% Sale 108% 108% 108% Nov. 108 % "84" 97 j 71% Nov. Sale 55 Sale Gas6%sx w„1943 6a 1943 Houeton Lt Ac Pr 3%s ...1966 Illinois Nor Utll 5a 96 89% Sale 108% 112 53 % 55 Sale 32 30 HouatGulf Nov. 17 98% Nov. 29 65% Nov. 26 87 Nov. 28 Nov. 3 57% Nov. 9 85 101% 102% 1011#«102% 101% Nov. 99% Nov. 99% Sale 100 H Sale Hackenaack Water 5a A..1977 'Hamburg Blec Go 7a Highest Sale Prices Sale 73 Sale Guardian Investors Corp— 35,000 Lowest Sale Prices 25 31H 1,313,000 Highest Sale Prices 97% Sale 63 % Sale 85 Sale Sale 85 % 65 60 Ask Ask Bid Bid Ask U* JS* 87 Sale Gen Wet Wki & El 5a Lowest Sale Prices Nov. 30 Nov. 1 Bid BONDS (Continued) 636,000 5,155,000 120,000 4,000 36,000 1,000 23,000 15.000 1 I 1938 % $ 57,000 833,000 136,000 RANGE SINCE JAN. NOVEMBER IN Price CURB EXCHANGE Since November 51 EXCHANGE CURB YORK NEW Dec., 1938] 101 2 76 Nov. 29 100 Nov. Apr. Apr. 99% Nov. 23 Sept. 14 Feb. 26 107 Nov. 29 105 100 Apr. Mar. 'Mansfield Mining A Smelt— 6,000 1,000 14,000 135,000 26,000 20,000 7,000 21,000 13,000 182,000 355,000 195,000 117,000 193",000 42,000 37,000 9,000 7a Ex-warrante... 1941 5,000 120,000 Marion Reserve Pow 4%a 1952 1943 88,000 McCord Rad A Mfg 6a Memphis Comm'l Appeal— Debenture 4HS.......1956 43,000 23 1,679,000 Memphis PAL 5saer A..1948 1947 321,000 Mengel Co 4H« 1971 457,000 Met Edlaon 4a aerlea E 4a aeries G 1965 587,000 211,000 Middle Sta Petrol 6 Ha A. 1945 Midland Valley RR 5a 1943 227,000 81 75 1,163,000 1,805,000 --1967 1978 1955 ...1955 Milwaukee G L 4H« Minn Pow A Lt 4%s 1st A ref 5s 844,000 704,000 Miaaisalppl Pow 5s 5s registered..........1955 5,000 Miss Power A Light 5s... 1957 1,098,000 ...1951 487,000 Miss River Power 5* 683,000 Missouri Pub Ser7 5a A.. 1960 27,000 505,000 6,000 164,000 722,000 110,000 564,000 5,000 23,000 87,000 20,000 223,000 4,000 251,000 39,000 266,000 163,000 234,000 37,000 123,000 61,000 2,000 9,000 258,000 409,000 17,000 12,000 6,000 35,000 2,338,000 Montana Dakotf*Util 5Ha '44 Munson 351,000 Naasau A W..1937 522,000 New Amsterdam New Eng Gaa 5a..l948 G A Elec Asan 5al947 5a Conv deb 1948 5a..........1950 New Engl Pow Aaan Deb 5Ha New Eng Pow 5a 5s... 1948 1954 Sale 75 60 81 88 91 64 90% Sale 98% Sale 70% 72% 84% 86 109% Sale 67% 72 93% .... 3% Sale ... 25 24% Apr. — 102% Nov. 101% 103% 102% Sale Nov. 75 74 82% 75 82% 75 Nov. Nov. Nov. 7 103 4 94% 95% 94% 94% 95 96% 97% 96 96% Sale 90% 90 92% 90% 91% 106% 107% 107% 107% 106% 109 Sale 108% 108% 109 88 93 Sale 86 89 62% 62% Sale 63% 62% Nov. 95 Nov. 99% Nov. Nov. Nov. Nov. Nov. 92 99% Sale 96% 98% Sale 103 103% Sale 81% 82% 81 Nov. Nov. 99% Sale 97 103% 85% Sale Sale Sale 100 88% Sale 91% Sale 108% 109% 109% Sale 72 99 Sale 99% Nov. 107% Nov. 109% Nov. Nov. 63% Nov. 93 Nov. 2 4 Nov. 99% Nov. Nov. 2 104% Nov. Nov. 23 86% Nov. 88% Nov. 108% Nov. 101 Nov. 14 98% Nov. 5 99% Nov. 2 3% Nov. 16 4% Nov. 1 Nov. 1 38 Orleans Pub ♦6a series A.. For footnotes see page 5Ha - 53. 114% 118 109% 112 90 93 71% Sale ^W 118% 122% 118% 108 Sale 108% 99 95% Sale 84 Sale 82% 116 61 120 Sale 56% Sale 58 Sale 57 Sale 57% 78% Sale 86% 88% 106% Sale Sale Sale Sale 81 Sale Sale Sale Sale Sale 56 Sale 55 99% Nov. 9 91% Nov. 16 38 Nov. 2 Nov. 18 120% Nov. 23 Nov. 1 108% Nov. 30 99 Nov. 25 Nov. 1 119% Sale 118 53% 53% 89% 91% 106% 2 2 82% Nov. 29 85% Nov. 12 117% Nov. 21 118% Nov. 23 56 Nov. 25 61% Nov. 1 53 Sale 53% 86% 88% 107% 106% Sale Sale Nov. 28 58 Nov. 22 57% 4 90% Nov, Nov. 2 93% Nov. 1 107% Nov. 1 Nov. 1 Nov. 22 Nov. 10 Nov. 21 Apr. 87% Apr. 61% Mar. 78% July 70 W* 92 Mar. 107% Aug. 54 Apr. 86 Apr. 78 Nov. i 115% Jan. 22 5% Feb. 2 Jan. 4 95 62% Mar.; 68% Apr. 35 Oct. Ill Apr. 107% Nov. 80% Apr. 69 Apr. 99% Nov. 9 91% Nov. 16 3 44% Jan. 120% Nov. 23 110% May 13 99 Nov. 25 85% Nov. 12 27 118% Sept. Mar. 30 61% Apr. 59% 39% Mar. 31 60 70 Mar. 31 90% 74 Mar. 31 93% 102 Feb. 107% 40 40 Nov. 14 July 100 1% June 24 15 Nov. 26 110% Apr. 28 _ 7 Oct. 29 July July 19 19 Nov. 22 Nov. 10 Nov. 21 Serv— stamped...........1942 N Y Gent Elec 38 41 1 Nov. Nov. Nov. 18 99% Nov. 14 104% Nov. 14 86% Nov. 19 July 25 100 95% Nov. 87 101 99 95% Sale 84% 88 25 17 83 78 82 July Jan. 88% Jan. 92 Nov. 26 1 5 109% Nov. 28 Nov. 30 9 28% June 83 14 14 19 1 75 1 18 Nov. 75 Sale 97 %„ Sale 91 Sale 5 104 Apr. 3 72 Sale Jan. 65 4 Sale 3% Sale 7 97 Apr. 14 95% Aug. 23 Oct. 3 67% Feb. 19 100 70 June 9 93 Jan. 25 15 100 Apr. 1 107% Nov. 15 9 101% Mar. 31 109% Oct. 17 75% Jan. 4 95 Apr. 1 30 50 Apr. 1 64% Aug. 17 25 2 74 4% Sale 82 Co 3%a A-1961 .......1949 1950 ♦N Y Pa A O RR 4Hs stpd 1950 N Y P A L Corp 1st 4Ha—1967 N Y State B A G4Ha 1980 N Y A Westchester Ltg 5a '54 4a -2004 354,000 140,000 Nippon Elec Pow 6 Ha...1953 646,000 Nor Amer LAP 5Hs A...1956 81 Nat Pow A Lt 6a* *A" 2026 Deb 5a aerlea B........2030 New 677,000 691,000 82,000 103,000 2,487,000 2,257,000 69,000 84 Suffolk Ltg 5a.l945 4 Ha 1981 655,000 211,000 Neianer Bros Realty 6s..1948 Nevada Calif Elec 5a.....l956 1,400.000 2,400,000 1,336,000 1,620,000 438,000 104 25 "88 83 Steamship Line ♦6H« ctfs of dep w 467,000 J'Nat Pub Serv 5s C O D.1978 ...2022 137,000 Nebraska Powsr 6s 133,000 2,083,000 78 90% Sale 67% 70 97 87 99 Sale Sale 97 Sale 87 Nov. Nov. Nov. 29 2 Nov. 9 103 71 104% 103% 104% 103% Nov. 25 104% Nov. 9 Sale r80 Sale 71 Nov. 1 107% 99% Sale 107 Sale 107 Nov. Sale 112% 110 112 3 107% Nov. 19 Nov. 25 7 102 Nov. 10 2 112 104 104% 106 57% Sale 98% Nov. 99% Sale 112% 112% 110% Nov. Nov. 12 Nov. 15 105 105 105% 105 Nov. 14 1 60 60 57% Nov. 55 93% Nov. 30 96% Nov. 10 93% Sale 99 100 154" 107% Sale 92% Sale 104% 58% 65 74 77 94 Sale 87 2 89 77 Nov. 23 86% Feb. 99% 89 63% Mar. 93 June 104% 45 May 84 105 Apr. 108% 88 Apr. 14 102 114 110% Nov. 105% 103% Jan. 45 Aug. 62% 70 96% Apr. Nov. 29 Nov. 9 Nov. 9 1 Feb. Aug. 17 Nov. 25 Sept. 10 Apr. 1 Mar. 11 Nov. 10 52 NEW aggregate YORK sales In November 1938 Bid Ask 37 41% 97 88 10,000 110,000 1,100,000 5s series D ...1969 1,403,000 4 Ha B 1970 291,000 Northwest Etec 4a atpd..l945 605,000 Nor'west Pub Sarr 8a A.. 1987 26,000 9,000 28,000 183,000 214,000 155,000 376,000 640,000 725,000 1,831,000 1,233,000 513,000 8,000 4,000 161,000 "4",665 446,000 38,000 232,000 Okla Nat Gaa 4 Ha A 1951 Cont deb 5a ........1946 85 54 89 89 70 Pann-Ohio Edlaon 4a 27,000 1,000 108,000 10,000 90,000 604,000 6Ha aerlea A..........1960 98,000 Pittsburgh Goal 6a 1949 469,000 Pittsburgh Steel 6a...... 1948 85,000 ♦Pomeranle Blec Co 6a—1953 513,000 Portland Gaa A Coke 5a.l940 694,000 5Ha aerlea B 1959 234,000 Penn Pub Serr 6a G—. 1947 122,000 5a aerlea D 1954 298,000 Penn Water A Pow 4%a._1968 690,000 5s. 1940 977,000 Peoplea Gaa Lt A Coke 4a B'81 773,000 4a aerlea D 1961 Piedmont Hydro-Electric Potomac Edlaon 8a aer 73 10454 11654 116 112 64 10054 101H 28 2854 8354 Sale 90 95 86 Sale Nov. 29 5554 Nov. 18 109 Nov. 2 10654 Nov. 10654 104 10254 Nov. 10554 Nov. 12 10554 9654 Nov. 1 9854 Sale Sale Sale Sale 92 ! fe Nov. 16 Nov. 30 2 10554 Nov. 1 10354 Nov. 29 15 7 Nov; 1 Nov. 96 v Nov. 25 103 Nov. 7 114 2 Nov, 15 11354 114 30,000 13,000 48,000 42",665 126,000 75,000 100,000 113 28 77 3154 90 95 Sale Nov. 3 94 Nov. 21 114 28 32 7654 Nov. 29 9454 Sale 9754 LOO 54 Sale Sale 9654 Sale 95 101 52% 9354 Sale 10654 Sale 10254 10354 10754 Sale 10454 10554 10654 107 102% 104% 108% 108% 10754 109 8754 Sale Sale 9454 7354 U2K Sale 2 5 2 B.1956 57 105 60 106 9654 100 2054 25 50 60 107 110 10754 110 56 59 Power Corp of Can 4H* B 1959 9954 10054 ♦Prussian Elec 4a.._—..1954 21 30 5454 57 10654 108 9754 Sale 19 iiiig 18IM 10754 10554 10454 9054 Sale 9054 9354 Sale 9354 Mil 76 63 5j6 57 10754 106 Sale 9754 2054 Sale 2054 5454 Sale 64 20,000 915,000 130 6% perpetual certlflcatea 282,000 Pub Serv of Nor 111 4H a D 1978 10354 348,000 4Ha series E 1980 103 1,124,000 4Ha aerlea F 1981 102 jj 449,000 4 Ha aerlea I ......1960 104 641,000 Pub Serr of Okla 4a 1966 100 2,305,000 Puget Sound PAL 5%a.l949 66 . Sale 60 10854 10954 10754 108 107.54 10854 109 10954 108 Sale 40 4054 Sale 10354 10354 Sale 10354 108 40 19 24 20 5s aerlea G 1,438,000 .... 1953 1958 105 Sale 103% Sale 25 10454 Sale 10554 Sale 79 M 79 113 7 55 Feb. 4 28 Mar. 30 Nov. 30 Sale 60H Sale 73 Sale 8554 75 79 29 22 84 504,000 {♦St Loula Gaa A Coke 6a. *47 568,000 Safe Harbor Water Pr 454a '79 10854 109 Nov. 30 76 82 9 Nov. 22 Nov. 30 1 2 1 2 Nov. 1 113 Nov. 23 Nov. 4 Nov. 23 74 21 12 1654 Nov. Nov. 29 Nov. 30 Nov. 19 10854 3 10854 1 4554 Nov. 17 10454 Nov. 2 Nov. 19 Nov. 14 Nov. 3 Nov. 29 18,000 56,000 82,000 2,000 102,000 30,000 30,000 54,000 55,000 273,000 164,000 47,000 80,000 11,000 66,000 1937 26 191,000 ♦Schulte Real Eatate 6a..1951 653,000 Scrlppa (E W) Co 5H>—-1943 100 455,000 6a 28 Nov. Nov. 21 2254 Sale 101 Scullln Steel Go 3a......1951 27 101 30 130 1 Nov. 16 73 71 1 107 8054 7754 Nov.29 7454 Nov. 14 Nov. 2 Nov. 9 Nov. 19 77 Nov. 12 35 25 Nov. 10 Nov. 17 Nov. 28 Nov. 29 77 Sale 75 -u._. 2954 Nov. 7 Nov, 17 1754 1654 Nov. 4 1654 Nov. 4 10754 10754 Nov. 28 10954 Nov. 19 66 ..... Sale Sale Sale 62 7654 Sale Sale Sale Sale 109 32 2854 Nov. 2954 Sale Sale Sale 107 54,000 Servel Inc 5a ...1948 847,000 Shawlnlgan WAP 4%a..l9*7 307,000 4Ha aerlea B 1968 4 Ha series D 374,000 1970 218,000 Sheridan Wyo Goal 6a...1947 293,000 Sou Carolina Power 5a..1957 2,520,000 Southeast PAL 6a 2025 2,052,000 Sou Calif Ed 3Ha..May 11960 693,000 354 a series B July 11960 Debentures 354s 1,281,000 .---1945 1st A ret mtge 4s 546,000 1960 25 2854 28 10154 101 Sale 63 Sale 107 10454 Sale Sale 105 10454 Sale 105 10654 10454 Sale 73 6954 Sale 7154 Sale 83 8554 §1* Sale 95 9654 Sale Sale 107 10854 Sale 10754 Sale 10854 Sale 10554 Sale 10454 Sale 110 111 111 11154 10554 Sale M 10? 104 2 Nov. 12 30 Nov. 4 2854 Nov. 30 10254 Nov. 30 71 Nov. 1 107 Nov. 26 10654 Nov. 29 10654 Nov. 26 106 Nov. 15 73 Nov. 1 8654 Nov. 18 Nov. 18 Nov. 9 Nov. Nov. 2 Nov. 3 1 10354 10454 6854 83 9354 10654 10654 10454 Nov. 9 Nov. 17 9754 Nov. 7 Nov. 3 10854 Nov. 30 Nov. 2 10854 Nov. 9 Nov. 16 10554 Nov. 1 110 Nov. Nov. 12 Nov. 21 , 9 111 Nov. 21 Southern Counties Gaa 33,000 54,000 38,000 26,000 35,000 30,000 621,000 565,000 366,000 567,000 329,000 242,000 of California 4Ha 1968 Southern Indiana Ry 4a. 1951 10554 106H 5654 57 10454 10454 10554 10554 10454 Nov. 53 Sale 2 10554 49 Nov. 25 5354 10154 Nov. 3 103 10354 10454 10354 Nov. 2 10454 80 84 8454 Nov. 29 89 Nov. 19 105 10454 Sale 104 47 S'western Assoc Tel 5s A. 1961 92 Southwestern LAP 5a.. 1957 9554 104 8854 Sale 10454 Sale 50 Sale 10154 10154 103 Southwestern PAL 6a..2022 S'western Pub Serv 6s A. 1945 102" 10554 103 Nov. 29 Nov. 3 Nov. 30 Nov. Nov. Nov. 4 {♦Standard Gas A Elec— 314,000 232,000 180,000 28,000 186,000 22,000 515,000 56,000 13,000 34,000 8,000 31,000 1,010,000 68 stamped .......1948 6s conv stamped......1948 700,000 2,450,000 6s ... 1951 ... Sale Sale ... 4454 3154 5854 Nov. 3154 Nov. 25 63 35 42 58 59 62 5854 Nov. 50 Sale 6054 Nov. 5554 Nov. 5254 62 5854 Sale Sale 105 10454 Sale 1,545,000 467,000 3,165,000 Texas Elec Service 5s 1960 98 Sale 3.172,000 Texas Power A Lt 5s...—1956 103 94 80 Sale 78 8554 6254 3054 84 Sale Sale Sale 51,000 695,000 319.000 24,000 73,000 210,000 1956 6054 Nov. 6054 Sale Sale 6954 Sale Sale 114,000 fenn Elec Power 5s 62 6254 6254 Sale 62 6254 6254 Sale Sale 5154 Sale 68 gold debs..... 72,000 ...1957 6a 1,515,000 J 1966 '5154 388,000 Standard Invest 5Hs 1939 69 3.474,000 {Stand Power A Lt 6a...1957 4854 1,653,000 ♦Stai-rett Corp 5s........1950 2254 Stlnnes (Hugo) Indus— 165,000 7s 2d stamped.........1940 42 326,000 7s 2d stamped 39 V 1946 301,000 Super Power of 111 4Ha..l970 105 400,000 4Ha.._. 1968 105 6254 Sale 7954 59 86 Sale 6%a aeries A..........1953 136,000 6s 2022 515,000 Tide Water Power 5a A...1979 2,201,000 Twin City Rap Tr 5 Ha A.1952 Ulen A 638,000 136,000 19,000 9,000 Without warrants.. 330.000 46,000 ♦United Indua 6 Ha 190,000 6a 4th stamped United Elec of N J 4s 1950 1949 United Blec Service 7s... 1956 1941 ♦1st 6s 60,000 1945 501,000 United Lt A Pow 6Ha 1974 Deb 6s 1,345,000 1975 467,000 5Ha 1959 1,321,000 United Lt A Rya 5 Ha 1952 6a series A 744,000 ........1952 Deb 6s series A..... 225,000 1973 201,000 Utah Power A Light 4Hal944 6s aeries A............2022 315,000 1,049,000 Virginia Pub Ser 5%s A..1946 24,000 225.000 7l",666 1,000 544,000 6s Sale 9454 Sale 8954 563 981 97 8454 6254 Sale Sale 1946 6a regiatered..........l946 5a series B...., .......1950 see page 53. 6354 Nov. 10 90 Feb. 26 Feb. 2 11 Jan. 22 Apr. 21 6954 July 22 Jan. 14654 Oct. Sept. 10154 Apr. 101 Sept. 103 % Sept. 9854 Mar. 60 5i Mar. 59 Apr. 105 29 8 5 9 July 10454 May 105 July 10654 Feb. 5 Nov. 16 107 §2* 78 53 Jan. 69 June 16 Oct. 17 14 17 Oct. 7754 Oct. 93% Jan. 14 N?v. 2554 Feb. 35 21 28% Aug. 31 Mar. 24 10 954 Apr. 18% Oct. 27 107 June 9 11054 Mar. 5 10254 Jan. 10 105% May 24 12854 Feb. 23 13154 July 7 2454 July 30 2154 Jan. 9654 Apr. 3854 Apr. 10654 Apr. Sept. 100, Sept. 99 Sept. 5354 Sept. 100 70 7154 10254 10254 10154 10654 Nov. 12 3154 July 29 Aug. 10 103 71 10754 10654 Nov. 9 Aug. 2 Nov. 2 10654 Nov. 3 Nov. 12 106 73 Nov. 21 Mar. 8654 Nov. 9 9754 Nov. 7 10854 Nov. 30 10854 JuV 1 Mar. Sept. Sept. Apr. Apr. 107 Mar. 111 Aug. 19 2 10354 Apr. 21 10654 Mar. 2 3554 Apr. 23 5654 Jan. 13 85 Feb. 9 103 Nov. 30 93 Apr. 8 104% Nov. 9 5554 Mar. 31 89 Nov. 2 93 Mar. 31 10554 Jan. 14 6354 Nov. 12 Nov. 10 63; 63] Nov. 10 Nov. 12 60 4654 Sept. 14 47 Sept. 26 3754 Mar. 30 64 6354 Nov. 28 6354 Nov. 10 8554 Nov. 18 5354 Oct. 3654 Mar. 31 54 Apr. 5 63] 633 853 Nov. 10 Nov. 28 Nov. 10 Nov. Nov. 5 Nov. 30 Nov. 10 Nov. 4 9 8954 Nov. 21 95 6154 Nov. 14 9554 Nov. 10154 Nov. 9954 Nov. 100 Nov. 1 Nov. 28 10354 Nov. 18 101 36 6 Mar. 31 1854 Mar. 30 63 Nov. 18 Nov. 10 3754 Oct. 6 40 Sept. 27 6054 Nov. 9 4 36 Sept. 28 5554 Nov. 4 1 10354 Apr. 4 10754 Aug. 17 1 103% Nov. 17 10654 Oct. 5 5554 Nov. 9554 Sale Sale 10254 Sale 103 101 Sale 9954 101 86 8654 8854 89 56 Sale 5654 Sale 17 64 50 Sale Sale Oct. Mar. 1 Feb. 11 5854 Nov. _ Nov. 19 85 Nov. 55 3654 11354 56 24 24 71 5354 55 115 Sale 54 116 Nov. 8954 Nov. 28 5654 Nov. 30 52 6854 60 35 25 73 54 Sale 99 Sale 76 105 66 81 Sale "8154 Sale 11254 11254 7354 26 30 Sale 26 77% 73 106 69 61 5754 Sale Sale Sale Nov. 23 55 11754 11554 Nov. 10 116 •> 5654 Nov. 2654 Nov. «... 28% Sale 26 6554 Feb. 15 3554 Sept. 825i Mar. Mar. 9054 Mar. 7554 Apr. 44 Mar. 94 95 Oct. 61% 10054 10454 10154 Nov. Jan. May Aug. 8954 Nov. 65% July 1 17 14 11 7 25 28 2 79% Sale Sale Nov. 12 Nov. 15 42 24 Sept. 63 28 Feb. 28 Nov. 5 23 Jan. 30 Nov. 1 73% Sale 93 54 9454 80 Nov. 2 8354 8654 Sale 82 Nov. 7 IS 56r Nov. 15 9454 Feb. 6454 Feb. Nov. 12 Nov. 4 Feb. 75 Feb. Nov. 28 64 Feb. Nov. 18 75 Apr. 1 65 Apr. 12 7254 May 12 76 Apr. 1 9154 Sale 93% Sale Sale 84 Sale 8354 Sale 9154 Nov. 1 8354 Nov. 22 95 85 84 Sale 85 8754 Sale 86 8954 Nov. 23 3 96 M ar. Nov. 16 Nov. 21 Sale Nov. 57% Apr. Nov. 12 87 78 8754 30 Mar. 30 56 Oct. 24 11254 Apr. 12 11654 Sept. 7 30 5 80 Nov. Nov. 22 78 2 107 Nov. Nov. 29 8354 112 Nov. 25 11254 7054 Nov. 23 74 Sale 4 Nov. 10 1 11* 82 78 63 Nov. Nov. 26 7554 7154 10554 7954 I For footnotes Nov. 104 % 10454 104 Nov. 23 105 Nov. 103% 10354 103% Nov. 17 10454 Nov. 57 May 13 Aug. 4 Company— 72,000 7,000 14,000 36,000 86,000 33,000 191,000 44,000 9,000 35,000 29,000 58 Nov. 22 Nov. 30 Jan. 10 6054 Nov. 83 Ternl Hydro-Electric Co— Nov. 30 Nov. 30 10554 Apr. 1 0854 Sept. 8 Apr. 4 109 July 15 23 Sept. 27 65 Jan. 18 9854 June 28 10454 Nov. 3 2054 Jan. 31 2254 May 11 101 13054 2854 Nov. 26 1854 Sept. 28 Jan. 27 1 24 14 19 Nov. 1 June 28 40 Sept. 27 61 10454 June 8 108 86 Aug. 17 100 1 76 Jan. Jan. 107 9 Nov. 7 1654 Oct. 28 Apr. 12 101 Mar. 31 96 48 9 Nov. 26 2 I028it Nov. 107 19 3454 9454 Mar. 28 10054 1 Apr. 9754 Mar. 29 108 Mar. 31 10554 1 109 1065 Apr. ov. 15 10854 1045s 7854 Mar. 31 9454 8254 Mar. 31 9654 111 3 11354 Jan. 65 4 May 79 102% Sale" 102% Nov. 30 103% Nov. 102% Sale 102% Nov. 30 103'»»Nov. 7654 Sale 7354 Sale 7154 Sale 1754 Sale 75 99 Nov. 2 60 Nov. 26 106 14454 Nov. 18 14654 Nov. 2554 130 1054 Sale 4 101 93 Nov. 1 100 Nov. 30 22 Nov. 22 64 ♦Saxon Public Works— 16,000 78 1 Nov. Nov. 4 10754 Nov. Nov. 15 105 Nov. Nov. 29 9254 Nov. Nov.21 9554 Nov. 33 109 10254 103 12854 Jan. Apr. 21 94 Sept. 8 Apr. 12 115 May 27 Mar. 29 8254 Oct. 24 7454 Mar. 25 Nov. 26 10654 10754 10554 Nov. Sale 76H Nov. 30 Jan. 15 Nov. 29 Oct. 15 Mar, 11 10354 Aug. 15 11354 Oct. 26 11654 Feb. 3 3 Nov. 10254 Nov. 103'ii Sale 104sn 10454 592,000 San Ant Pub Serv 5a B—1958 11,000 San Joaquin L A P 6a B..1952 11,000 82,000 146 102»« Sale Sale 67 62 4 Ha aerlea D..........1950 79,000 ♦Ruhr Gaa Go 6 Ha 52,000 ♦Ruhr Houalng 6Ha A 146 2654 Sale 2154 2654 .1950 337,000 Queena Boro GAB 5%a_l952 6,000 6,000 Sale Sale Sale 15 16 18 28 100 Nov. 29 106 100 22 Nov. 15 „ Nov. 9854 9854 Nov. 23 101 9254 Sale 9154 Nov. 17 94 10754 10654 Nov. 7 108 Sale 10354 Nov. 2 10554 75 Nov. Aug. Nov. Nov. 10354 Jan1. 19 10854 10254 Nov. 23 107 102 Nov. 22 10654 96 Jan. f" 10554 83 106 Apr. 69 Apr. 12 9654 Nov. 31 Nov. 22 8954 Nov. 9654 Nov. 9454 Nov. 11254 Sale 71 7654 55 54 10954 10654 10654 10554 Sept. 28 9854 Nov. 30 Nov. Sale Sale III" Sale" Feb. 8054 Apr. Nov. 14 81 30 Sale Co 4Ha aerlea P— 1961 Potrero Sugar 7a atampedl947 624,000 9354 Apr. 8654 Apr. 102 99 11354 114 8054 Sale 99 94 89 Feb. Y Pub Service Go of N J— 160,000 93 Sale Prices 104 10554 Apr. Nov. 15 2 10454 Nov. 10254 Nov. 9354 Nov. ^2 94 3 Nov. Nov. 18 Nov. 28 1 Highest Sale Prices 30 Mar. 31 Nov. 15 Nov. 22 1027u Nov. 102 95 95 Lowest 654 10854 Nov. 30 10254 Nov. 23 102% Nov. 2 10254 103 10154 10254 1021 11354 11454 11354 11454 113 J i 6154 4754 10854 10554 10554 Sale 10654 10754 108 10254 103 10254 10254 10254 10254 10131m10254 10454 Sale 10554 Sale 103 Sale 10254 Sale 96 Sale 9454 Sale ' 8654 89% 112H 115 Highest Sale Prices 1950 Without warrants.. ; Sale 103 Pacific Power A Light 5s. 1955 16,000 Palmer Corp of La 4a....1938 105% 104 54 106% 97 % Sale Okla Pow A Water 5s A..1948 207,000 Park Lexington Bldg 3s..1964 1,847,000 Penn Gent Lt A Pow 4H» 1977 172,000 5s 1979 912,000 Penn Electric 4s aerlea F.1971 474,000 109,000 167,000 136,000 67,000 92 5< 103 1,190,000 Phlla Elec Power 5 Ha 1972 117,000 Phlla Rapid Tranalt 4a.. 1962 11,000 20,000 25,000 1,000 109 103% 105 5j Lowest 4854 Sale 10854 109 10654 Sale 4854 Sale 10554 Sale 10554 Sale 106 10254 Sale 104 10554 10554 10554 9654 Sale 9854 105% Sale 269,000 Pacific Coaat Power 5a...1940 668,000 Pacific Gaa A El 6s B 1941 Pacific InrestlnU 5s A—1948 169,000 Without warrants 57,000 Pacific Ltd A Pow 5a 1942 >456,000 RANGE SINCE JAN. Sale Prices Ask Ask Bid ....! Ohio Power 5a aerlea B... 1952 68,000 88,000 20,000 30,000 22,000 17,000 202,000 96,000 93,000 35,000 43,000 99 Ogdea Gaa Go Ss—.....1945 1956 Bid Sale Sale 10754 ... 2,213,000 NOVEMBER Nov. 30 Nov.<]l $ BONDS (Continued)— 615,000 Nor Cont Utll 5%a A 1948 228,000 Nor Indiana GAB 4a..—1952 968,000 Nor Ind Pub Sarr *■ 1966 4%a sorlaa D IN Price Jan. 3 Jan. 1 33,000 96,000 EXCHANGE PRICES NEW YORK CURB EXCHANGE Since 78,000 21,000 145,000 125,000 225,000 CURB Nov. 17 5354 Jan. Nov. 12 Nov. 15 Nov. 5 8254 July 22 8054 July 21 107 Nov. 15 17 8354 Oct. 112% Oct. 80 July 9454 Nov. 87% Nov. 26 19 21 28 95 Nov. 18 8654 July 25 7254 May 12 8954 Nov. 23 Price Jan. 3 NEW YORK In CURB EXCHANGE Since November Jan. 1 Ask BONDS (Concluded)— S Waldorf Astoria 15 623,000 Wash Gas Light Co 5s 1958 125,000 Wash Ry & Klee 4s 1951 1960 1,254,000 Wash Water Power 5a Western Newspaper Union— Con* deb 6s 1944 1,109,000 ..2030 535,000 West Penn Blec 5s 105 ""2,666 92,000 75,000 16.000 21,000 714,000 79,000 1,236,000 64.000 32.000 103% Apr. 105$ Sale 105% Sale Sale 103% Bale 110)4 Sale 96)4 Sale 104% Sale 106% 107 % 107% 99% 100 Nov. 2 60 Sale 59 Nov. 22 63 104% 105 103% Nov. 1 104% Nov. 10 110% Nov. 1 110% 112 110 Nov. 18 99% Sale 95% Nov. 1 99% Nov. 28 105 105% 104% Nov. 1 105% Nov. 3 103% 103% 104 Sale 104% Sale Sale Sale 93 Sale 108$ 92 2 107% Nov. 1 105% Nov. 107% Nov. 105% Nov. 110 108 61 2 7 32 97 96 Sale 74% Mar. Apr. July 18 Aug. 30 July 26 Jan. 13 Oct. 21 Nov. 10 1 Nov. Nov. 28 July 23 May 13 108 Nov. 17 101 Nov. 3 8 14 105% Jan. 58% Apr. 14 94% Nov. 2 Oct. 27 72 May 27 94 96 104% 103% Nov. 2 104% Nov. 28 89% Nov. 25 94% Nov. 2 89% 92 Nov. 3 90 Nov. 18 93 89 90 93% 108 June 105% Jan. 86% Apr. 3 Nov. 101 98% Nov. 28 99% Sale Nov. 17 Nov. 30 108 107 66% 104% 110% 99% 105% June Feb. Mar. 103 106 106 107 95 92 75 1«37 .....1947 26 12% Mar. 31 1 107% 106% June 28 109 99% Apr. 2 106 Nov. 10 25 105% 104 Vs 107 % Sale Yadkin River Power 5a.. 1941 471.000 {♦York Rye Co 5s 5a stamped 244,000 15,000 Highest Sale Prices Sale 322,000 West Penn Traction 0a..1960 231,000 Lowest Sale Prices 21% Nov. 28 21% Sale Sale 22 Highest Sale Prices 106 1957 3,255,000 Weat Tezaa Utll 5a A 687.000 West United G 0c B0H« A 55 59,000 Wheeling Elec Co 5s 1941 481,000 Wis Minn Lt & Pow 5s... 1944 1,389,000 Wisconsin P A L 4a A....1966 Y£656 Ask Ask Bid Bid Gorp— ♦5s Income deb........1954 Lowest Sale Prices Nov. 30 Nov. 1 1938 1,154,000 145.000 RANGE SINCE JAN. 1 IN NOVEMBER PRICES SALES AGGREQATB 53 EXCHANGE NEW YORK CURB Dec., 1938] Feb. FOREIGN GOVERNMENT AND MUNICIPAL Agrtcul Mtge Bk Rep of Col— 111,000 ♦20-year 7a Jan 15 1946 ♦20-year 7s Jan 15 1947 129,000 ♦7s ctfa of deposit 1947 1,000 13,000 3,000 10,000 6s certifs of deposit 1947 Antloquia (Dept) Colombia— ♦7s A ctfs of dep 9,000 ....1945 ♦7s B ctfs of deposit 1945 5,000 ♦7s D ctfa of dep 1,000 1945 ♦7s 1st aer ctfs of dep.. 1957 4,000 ♦78 2d ser ctfs of dep.. 1957 2,000 ♦7a 3d series ctf of dep. 1957 10,000 58,000 ♦Baden (Germany) 7s 1951 • 1.000 ♦7s stamped 78,000 79,000 5,000 6% Colombia (Republic of)— ♦6s ctfs of dep (A & 0)_1961 ♦6s ctfs of dep (J & J)..1961 5,000 343,000 Danish Cons Munlc 5)48.1955 5a 1953 179,000 9 14 7% 10% 10% 13 13 25% 25% 35 27% 25 35 16% 21% 16% 20 100% 101% 100 102% 20% 20$ Sale 1947 21 20% 13 10 7% 21% Sale 22 30 20 21% 22% 20% 12 14% , 8% 9% 8 13 Mendosa (Prov) Argentina 78% Sale ♦7Ha-4a stamped......1951 453,000 13,000 Mtge Bank of Bogota— ♦7s iaaue of May 1927...1947 80,000 ♦78 ctfs of dep (May)...1947 4,000 ♦7s Issue of Oct 1927... 1947 84,000 8,000 "7",000 5,000 339,000 5,000 302,000 202,000 303,000 351,000 300,000 4Y.666 5,000 7,000 39,000 18,000 112,000 30,000 ♦7s ctfs of 1947 dep(Oct.) ..1931 Mtge Bank of Denmark 0*1972 ♦Parana (Stateof). Bras 7s 58 6s stamped 1959 ♦Rio de Janeiro 6%* 1919 Govt 6Ha ♦Russian 98% 9% 8% $ 1921 ♦5%* 99% 11 9% ♦7s stamped 87.000 191,000 ♦Santiago (Chile) 7s ♦7a 86,000 15,000 19.000 22,000 No par value. Sold under the rule. r " ' ' ' 99% 9% 15% 20 •• a -• Sale 13% Sale 13% 14% increased by QTHER FOREIGN EXCHANGE replacing M. Marchandeau. Reynaud's place as Minister of /&, ■ ■ X of 30 decrees was put into effect on Nov. 13 Minister, took M. with the object of stimulating economic recovery. ing the change in the Cabinet on Nov. ment of the new decrees there was a Follow¬ 1 and the announce¬ temporary improve¬ financial situation and a repatriation of French around 2,000,000,000 apparently ceased and French fund^ again sought domicile outside France. This change of trend was largely caused by the dissatisfaction of the workers over such of the decrees as sought to reverse the hours and wages reforms effected by the Left Wing funds francs. from abroad to the extent of On Nov. 16 the repatriation Government of M. Blum. Mar. 7 8 July 9 Aug. 23 Aug. 11 Jan. 13 20 59% Mar. 29 28 28 18 7 24 5 Nov. 10 80 8 23% Oct. 4 25% Oct. 1 22% Mar. 1 14 Oct. 24 18% Feb. 25 10% Aug. 13 10 Aug. 6 7 80% June 29 Nov. 15 28 Jan. Nov. 25 Sept. Oct. 16% Jan. 23% Oct. 12% Apr. 1 1 3 15 Nov. 3 12% Nov. 28 99% Nov. 3 9 Nov. 15 7% Nov. 7 % Nov. 2 % Nov. 18 60% Nov. 14 Nov. 13% Nov. 28 June 23 Oct. Nov. 28 12% Nov. Apr. Mar. 6 Apr. % Sept. % Jan. Feb. 25 96 7 Jan. 45 3 3 11% Jan. 11 % Jan. 20 Jan. 7 Mar. 14 Mar. Mar. 31 9 6 Nov. 30 65 Jan. 8 17 5 16% July 13 4 16% June 23 Deferred delivery sales. In which no account is taken In computing ranee, are given below: 103 % taken Cash sales, in which no account is taken in com¬ puting range, are given below: -V/ Crowley Milner & Co., Nov. 18 at 3% ^ N. Y. Pa. & Ohio RR. 4%s stamped 1950, Nov. 30 at 80 Pierce Governor Co.. Nov. 28 at 17% plans brought about a new agree¬ the Bank of France concerning revaluation of the Bank's gold reserves at the equivalent of 170 francs to the pound. This means that the official of One Coast of $14,- M. Paul Reynaud, a pronounced Conservative, Marchandeau Jan. 28 Canada Nor Power 5s A 1953, Nov. 22 at I," when issued, fiscal, economic and political situa¬ tion continued precarious throughout November. On Nov. 1 Premier Daladier made a change in the Cabinet arrange¬ Finance 27 nTJndertbe rule sales, in which no account is in computing range, are given below: "x-w." without warrants. also receipts on the West CONTINENTAL AND ment in the a r The French monetary, series Nov. 13% Nov. 13% Nov. 58 "w w," with warrants, reported, the United States gold stock was approximately $245,000,000 during November." A Nov. 16 Nov. 4 certificates $11,900,000 from foreign earmarked holdings. As a result of these reported transactions, plus other acqui¬ sitions by the Treasury concerning which no details were Justice. Nov. 29 7% 13% 13% 3 Nov. 29 58% 14% 15 21 No sales. the release of M. % Nov. Sale 57 2 12 % Nov. 28 Above: 400,000, of which $5,900,000 came from Japan, $5,600,000 from Australia, and $2,900,000 from China. In addition, there was a gain to the gold stock through made 14% Nov. 17% Sale ft Sale* % % 58 (Concluded from page 40) Holland; ments when 28 16 8 9% Oct. 11% Aug. 10 10 Oct. 28 24 cumcumulative. "w ■ "cod," certificates of deposit was 25% Nov. 30 6 7S "vtc," voting trust Abbreviations Used Above: from 25% Nov. 14 "n-v." non-voting, traded flat. t Reported in receivership. "• 99% 8% 28 30 80% Jan. 13 76 Feb. 8 Feb. "m." mortgage, Ex-dividend. Bonds being 21 Nov. 23 78 "conv." convertible. Deferred delivery sale, ♦ 11% Sale 25% Nov. 25 June 19% Jan. 18% Sept. 18 Sept. 19 Jan. 9% Apr. 18 24 24 29 5 Sept. 23 20% Nov. 30 11% Nov. 21 8 Nov. 15 9% Nov. 18 "cons", consolidated. Sold for cash, x 11 1961 Feb. 24% Nov. 14 30 26 Sale 25% 25% 25% 14% 12% 99% Abbreetations Used * n a 65 12% 57 ...1945 1949 64 79% 30 Sale Santa Fe (City) Argentina Nov. 15 . 9% 13 8% 6% 24. 24% 24% 14% 12 ♦Mtge Bank of Chile 6s.. 1931 39 9 24 _ 47% Nov. 5 24 Nov. 10 22% Nov. 10 25 Nov. 9 22 Nov. 5 12% Nov. 4 8 Nov. 15 10 Nov. 10 7 28 24 47% Nov. 5 20% Nov. 29 20 Nov. 30 21 Nov. 19 21% 78 7% Oct. Aug. Aug. 7 July 21% Feb. 7 7 July 9 14% Aug. 23 18% Sept. 27 102 Sept. 27 100% 99% Nov. 17 98% Nov. 10 21% 22% 20% Sale 12 Sale 10% 14% 18% 96% 96% 99% Nov. 2 96% Nov. 29 Sale 20 9 8 8% Sept. 15 22% Feb. 11 24 Sept. 23 51 51 24% Sale 19 22 6 Sale Sale 97 46% 20 7 21% 20 17 17 8 "99% 26% Nov. 21 6% Apr. 3 25% Nov. 23 40 35 99% 99 10% Nov. 15 9 25 9% Oct. 9% Nov. 28 10% 9% 35 68 24 ♦6a 26 24 5 13 May 24 52 120,000 ♦Hanover (City) Ger 7a..1939 84,000 ♦Hanover (Pro?) 6Ha 1949 193,000 ♦Lima (City). Peru. t%«^1958 62.000 ♦Maranhao (State) 7s 1958 154,000 ♦Medellln (Colombia) 7a.l951 22,000 6)48 ctfs of deposit 1954 1 18 Apr. 27 14 Oct. 24 Aug. 26 Nov. 28 7% Oct. 24 8% Aug. 1 2 68 302,000 25,000 7.000 7,000 4,000 20,000 18% Nov. 25 24 65 Sc Wat'way Bo szternal a f 6 Ha 181,000 1902 325,000 ♦German Cons Munfc 7a. 1947 1,000 18% Nov. 25 Oct. 7% Oct. 7% Oct. 6% Oct. 7 Aug. 6 July 18 Sept. 24 80 Dansig F 52.000 29,000 7 11% 11% 11% 9% 9% 26 60 2,000 15.000 21.000 24 25 25 .1952 A ♦6a Nov. 28 70 25% ...1951 24 18 of German State A Banks 6s B •'rot Nov. 28 24 25% Oct. 27 24 Jan. 24 Aug. 26 Nov. 28 62 9 . 17% Jan. 20 24 85 86 76 72 ♦7%» stamped... ♦Can*- Bk 28 28 Nov. 23 Nov. 21 Sale 21 1947 .......1952 Caldas (Columbia) 1,000 ♦7)48 ctfs of dep.......1946 ♦Geucs Valley (Dept of) R*P ol Colombia extl a 17s._ 1 320,000 ♦7s ctfs of dep 6,000 ..1948 30,000 25% Nov. 21 6% 6% 6% 5% 5% Buenos Aires (Pro?) 8,000 8,000 25 30 24 10,000 ■<>. 26 25% 24 12 w Nov. 14 25% 20 23 12 M. Reynaud's ment between the State and basis adopted 0.900 for the franc is now 27.5 milligrams of gold had promised in May that Premier Daladier fine. sterling would rise no further than 179 francs. As revalued, the gold reserves of the Bank of France 87,264,284,579 francs, compared with the total before revaluation of 55,808,329,303 francs. The Bank of France statement for Nov. 24 was the first to, reflect the change in gold holdings, showing an increase of 31,455,955,276 francs to a total of 87,264,284,579 francs. Discussing the adoption of the 170 franc rate for sterling for revaluation of the gold reserves, M. Reynaud pointed out that there is no law forbidding appreciation of the amount to fran^, and added: up to 170 francs." in the relation "Though I don't say it will appreciate He stated that in the event of a change the pound and the United States between dollar the franc would adhere to sterling. 27,506,000,000 The ratio of gold reserves to circulation and deposit liabilities was in¬ creased to 60.13%, compared with 41.11% a week earlier and 53.26% a year ago. The ratio reported on Oct. 6 was 38.27%, the lowest for this year to date. The present ratio is the highest. The high record was 80.87%, on Dec. 20, 1934. The legal minimum is 35%. The Bank's official rate of rediscount was reduced on Nov. 24 from 3% to 2^%» The 3% rate had been in effect since Sept. 27, when it was The francs revaluation in resulted in a temporary advances to v: decrease of the State. (Continued on page 56) RANGE OF PRICES ON CHICAGO STOCK EXCHANGE ' Stock Sales 1938 November Shares. Jan. 1 to Nov. 30 AGGREGATE ___ SALES 1937 a944,000 9,387,000 Since Jan. 1 November % PRICES "2",000 28,000 1938 Gal Ac So Chic 5s ctfs 1927 Chicago City Ry As... 1927 Certificates of deposit Chicago Rys 5s ctfs..... 1927 Com'wealth Ed 3*s mm «• — 105 ; 1,300 1,100 3*s series I .......1968 Met W Side El 1st 4s 1938 4* % 600 100 160 520 6,421 7,850 15,933 Amer Tel & Tel Co capital. 100 125,129 Armour & Co common.. 5 10 mm " mm m. 50 mm 950 6,390 23,950 9,010 11,100 6,250 6,670 7,065 69,950 1,950 1,450 1,850 600 900 6,980 19,500 80 300 2,350 3,850 10,092 1.80Q 900 4,050 5,401 30,550 174,276 1,820 4,700 11,250 37,550 120 50 1,150 3,600 50 1,350 6,785 1,133 ' 2,360 2,900 17,880 900 . 2,050 6,900 11,600 9,640 790 690 9,600 - 37,500 471 840 * ' 100 - 140 46,450 «. *. M> -mm—mmm, *. - - * ...... 10 Central III Pub Serv pref...* Cent 111 Secur Corp— Common j Convertible preferred. com . _. • 50c 37 * Sale 56* Sale 120* ~ Sale 8 w 3* 6 9 10 12* 7 Sale Prices 2 4l Lowest Highest Nov." "2 "Nov ,"~2 107* Nov." 2 4 108* Nov. 15 49 43 Feb. Oct. 17 18 41 48 Jan. 7 Nov. 41* July July 106* Nov. 104* July 5* July 106 2 5* 5* Sale 6& 1V 2* Sale 10 20 18 56* Nov. 1 60* Nov. 17 Apr. 49* Nov. 14 9* Nov. 26 Spet. Consumers Co— 60 2,140 V t c pref part shares....50 Com part shs v t c A...50 60 2.18Q Common 5,440 For footnotes see nave Aug. 26 July 5 8 Oct. July 19 June 29 Nov. 18 Mar. 60* Nov. Aug. 49* Nov. 10* Mar. 12* Sept. 4* Jan. 8* Nov. Nov. 19 June 14 19* Aug. 26 11* Aug. 26 49* Nov. 21 35 Jan. 19 Oct. 45* Nov. 8 Nov. 10 2* 7* 12* 19* 8* Nov. Nov. Nov. Nov. Nov. 46* Nov. 23 Nov. Nov. Nov. 9 9 49* Nov. 123 Jan. 5 3* 8* 13* 19* 9* Nov. Mar. Mar 3 Mar. Nov. 23 June Nov. 21 Nov. JA 5*" 8 11 8 10 1 36 Sale 36 4* 5* 1* Sale * * 7* Sale ■ 1 9* Sale 11 Sale 10* 10* 11* Sale 6* Sale 5* 6* 17 Sale Sale 23* Sale 7* Sale 5 5* 18* 19* 33 18 21 5 7* 7 7 Sale 21* 5* 8 6 23 Sale 15* 12 12 4* 7* 19 Sale 17 "16"" "l4 25 16* ..... 8* 10 3* Sale Sale Sale 9 Sale 3* Sale 10 14 8* 12* Sale v* 1* M 1 13* 2 14* 6 * 6* 2 Sale 105 Sale ""* Sale 32 3* Sale 7* Sale 8 w 2* 34* 14* 70* * Sale Sale 20 Sale 13* 14* 69* Sale * * 6* Sale Sale 102* 110 53* 58 3* 4 1* 8 Oct. 12* Nov. 3 8* Nov. 26 12* Nov. 18 12* Nov. 9* Nov. 13* Nov. 3 3 12 Jan. 9 8 13* Nov. 10 24* Nov. 10 Nov. 1 7* Nov. 17 Nov. 7 18* Nov. 28 29* Nov. 28 Nov. 1 22* Nov. 10 6 Nov. 1 13 * Nov. 30 8 Nov. 30 3* Nov. 28 7* Nov. 29 17 2 33 ..... 7 109 67 81 Sale Sale Nov. 16 Nov. 14 Nov. " Nov. 14 Nov. 17 6 27 2 May 26 5 Mar. 31 17 Sept. 28 24* July 14* Sept. 24 * Feb. Apr. 14 9 1 8* Mar. 26 90 2* Sept. 26 Nov. 12 part shs v t c B.. • 17 3* 3* 6* 6* 2* 7 4 8 * 1* 2* 1* Sale 6* 10 4 1 * 14* 6* 1 Nov. 4 * Nov. 3 ""§* "Nov ."4 .7,0 Sale 16 6* Nov. 16 Nov. 12 88* Nov. 9 ""§" ""Nov "16 2* Nov. 30 20 * * * 5* 16 * 57* >3* 3 14 1 22 Nov. 28 17c 15 Nov. 28 17* Nov. 16 8 9* 8 2* 1* 3* 1 * 2* Nov. 23 1* Nov. 19 Nov. 29 5* July 1 16* Nov. 18 21* Jan. 17 * Feb. 24 * Feb. 28 2* Jan. 11 Mar. 26 Jan. Oct. Mar. Apr. Nov. 15 Nov. 23 7 Nov. 8 Nov. 29 3 2* Nov. 23 1* Nov. 19 May 27 70 Sept. 28 88* Nov. Mar. 24 June 4 Mar. 31 June 8 Aug. 25 L4c Nov. 28 12 May 5 3* Mar. 30 4 * Mar. 14 * Oct. 19 * Oct. 29 10* July Nov. 19 112 5* Sept. 26 1* Jan. 7 Nov. 27* Nov. 2 22 23 17 36 3 * Sept.10 1 14c 6* Nov, 1* July 7* July 2* Oct. 18* Feb. 14 80* July 19 1* Jan. 10 Jan. 24c 16c Sale 4 Mar. 31 20c 17 10 Jan. Nov. 18 Mar. 30 Nov. 15 112 26* Sale Jan. 14 73* Nov. 17 Nov. 17 Mar. 30 75" "Nov ."12 Nov. 1* Nov. 18* Nov. 26* Nov. Aug. 24 1* Jan. 15 Apr. 19 1,68* Nov. Sale,fl ifj6 Nov. "6* "Nov! 20 25 55 12* June 16 2* Nov. 12 3 7* Nov. 110 29 Apr. 28 105 Feb. 24 June 14 "69* 22* Mar. 30 25* June 15 * June 24 Aug. 19 5* Jan. 15 10 July 19 Nov. 17 J/* 25 10 Nov. 18 36 Nov. 14 Mar. 15 17* Oct. June 24 June 4* Nov. 1 16* Nov. 18 15* Nov. 18 2 8 6* 55 2* "7* Sale" 02* Sale 20 8* 3* 9* 22* 105 -!• -'V*; *v--\ 18* 27* 18 22* Nov. 10 Nov. 67* "Nov." "4 * Nov. 30 8* "fit 1* Mar. 31 Apr 20 Sept. 14 May 31 5 Nov. 74 Sale ""l* ""I* 10 14 3 Nov. 12 15 19 Nov. 14 47 1* Nov. 29 19 22* Nov. 10 7* Nov. 9 16* Nov. 14 * Aug. 22 3* June 1 Nov. Jan. 6* Jan. * Nov. 2 6* Nov. 22 2* Nov. 10 Nov. 5* Nov. 1* Nov. 100* Nov. 10 22* Jan. 36* Oct. 41* Mar. 31 5 34 Sale 1 14* July 21 11* July 12 13* Nov. 9 13* Nov. 10 25* Oct. 19 8* May 16 Mar. 25 73* Nov. 17 Nov. 35* Sale 14* 20 * * Sale 18 4 lK «Sale 10 6 17 Nov. 10 Nov. 25 July 71 Jan. 6 Nov. 26 Nov. 25 12* Mar. 29 16* Mar. 31 65 15 * * 83 9 35* Nov. 14 18* NOV. 14 15* Nov. * * * 70 9 Nov. 12 24* "Nov ."12 17 * Sale ..... Nov. 5* Nov. Mar. 30 6* June 16 8* Mar. 30 5* Mar. 31 Nov. 28 16 1* 66 8 22 20 13 7* June 21 22* "Nov ."29 13* Nov. 15 14* 2* 110 Mar. 5 14 * * * 9* Sale 90 99* 61* Sale June Oct. Nov. . 20* Nov. 29 * 26* 3* Nov. 25 5 Nov 5* 1* 2* 7* 3* Mar. 27 Sale 8 ..... iH 15* 34 38 * Sale 11* 2 1 8 Nov. 25 Nov. 9 Nov. 4 Nov. 26 25 17* 4* Sale 15* 15* 14* 15 "1$ 39 5* 1* * 7* Sale 16* * 5 Sale 2 Mar. June Nov. 10 3 ' 4 17 Nov. 14 June 39 7 5 14 18 28 Nov. 17 6* Jan. Nov. 30 Nov. 1* Nov. * Nov. 5* Nov! 2* Nov. 3 8 22 13 36 70 17 12 14 14 3 10* Oct. 1* Jan. H 20 65* Sale L50 9 Apr. Mar. 21* Nov. 28 "23* "23* "21"" "23* Sale Apr. Sept. Mar. 10* Nov. 10 1* Nov. 10 Sale 22* Sale "14"' 4^ 2 1* 47 Oct. Nov. 14 Oct. Nov. 30 11* Sale 5 6 20 Sale 30* Sale 17 17* 20 23 6* 6* 13* Sale Nov. 28 Nov. 17 6* Nov. 23 18* Sale * 9* Nov. Sale 5* 2* Sale 7* 10 11M8H 10* 1 * • 23 70 150 "65"" 60 63, Nov. 148* Sale 147* Nov. 5 Nov. 5* Sale 10* 1* Sale 37* Sale 2* 3* 1* 1* 2y Sh Partlc certificates 1 100 Part certificates ' 2" 100 Part certificates ser"3"_100 412,070 Comm'wealth Edison comll25 Rights (Junedebs)........ 1,231,100 Rights (Sept debs). 901,917 Rights (w 1) 285,500 24,280 Compressed Ind Gases cap..5 45,300 Consolidated Biscuit com 1 3* 8* 12* 20 9 Sale 1 * 30 New common 11.10 10,300 Club Aluminum (Jten Co • 920 Coleman L'p 8c Stove com * 18* ,7* 64 6 Sale * 8c Machine cap..4 9 57 48 aIII"* 13* 19* 148* Sale • Preferred 2* 3* Sale June 60 » Common................ 8* 9* "2l"" 35 18,050 10 Sale Prices 49 18 27 110 4 110 20 105 6 20 ... 285,500 1,700 5,100 1 Sale Prices 47 Feb. 4 43 Oct. 18 130 46* Sale 30 52 prefl* ... Sale Sale 12* 19* 8* 16 8* 60 388 11 rW 100 1,080 . Nov. 106* Nov, 9 10 Sale 6* • 26,446 Chrysler Corp common.....5 93,500 Cities Service Co com...... • mm 1,450 2,800 cl A 890 Chicago Towel Co conv pref * Common capital........_* 20 60 9,045 - .......S com Sale" 107* Campbell Wyant & Cannon Foundry capital.... * 3,350 Chic Rivet 310 — 1 44,650 Chicago Flexible Shaft com.5 7,460 Chicago Ac N W Ry com..100 Chicago Rys— """270 - .* • — Common 200 Chicago Electric Mfg - 2,550 1,230 — Brach & Sons (H J) capital Brown Pence Ac Wire cl A 350 Participation preferred.^:* 303.150 Chic Corp common*..iii»-i - 32,450 5,950 - Laughlln Inc com ..5 Borg-Warner Corp common. 5 common. Sale Prices 41 3,100 Cherry Burrell Corp comllls Chic City Ac Con Ry— 100 mi Bliss 8c 8,950 Chain Belt Co 1,050 * Aviation Corp (Del) 3 tAviation & Transport cap.l 172,301 Central S W Utll com Prior lien preferred 6,740 9,260 Preferred...... 4,340 Central States Pr 8c Lt 190 . Automatic Products com...5 Automatic Washer com.....3 1,050 Canal Const Co conv pref • 13,550 Castle & Co (A M) common. 10 3,110 Cent Cold Storage Co com.20 - 200 Ask "6~"*~9>" 33 4 Bucyrus-Monighan Ask Bid 107* Associates Invest Co com...* Athey Truss Wheel capital..4 Bruce Co (B L) Bid 47 1 .... 1,050 — 44 „1 com 15,110 Burd Piston Ring com......! 123,465 Butler Bros common 10 5% convertible preferred 30 14,252 185 «. Asbestos Mfg Co 250 Bunte Bros 100 •» Equipment Corp com...l 450 Backstay Welt Co com......* 1,750 Barber Co (W. H ) com 1 5,200 Barlow 8c Seeltg Mfg A com..5 19,200 ttastlan-BlessIng Co com.. * 23,900 Belden Mfg Co common....10 191,132 Bendls Aviation Corp com..6 42,000 Berghoff Brewing Co 1 5,600 Blnks Mfg Co capital 1 100 mmmmrnrnrn $6 prior preferred..._..._* Aro Highest - Par. 155 Allis Chalmers Mfg Co.....* 210 Altorfer Bros conv pref.....* 4,470 American Pub Serv pref..] 00 155 Ask cum conv 19,550 Advanced Alum Castlngs...5 9,500 Aetna Ball Bearing common. 1 5,620 Allied Laboratories com ._* 2,100 Allied Products Corp cl A.25 Common 6,960 .........10 500 mm 45"" !;■ Lowest 48 "42 pref 100 926 Acme Steel Co common....25 3,110 Adams (J D) Mfg com • 37,510 Adams Oil & Gas Co com...* 747 220 Bid 43 Nov. 30 1958 27,106 Abbott Laboratories com...* - Nov. 1 Stamped STOCKS 2,618 m $34,006 RANGE SINCE JAN. Price $ "i".66o IN NOVEMBER 1937 $31,000 164,100 Jan. 3 BONDS 6,000 1,000 14,000 53,000 54,100 83,600 4,000 3,000 1938 Jan. 1 to Nov. 30 CHICAGO STOCK EXCHANGE In Bond Sales November 803,000 13,359,000 • Feb. 24 1* Jan. 7 * Feb. 2 2 June Jan. 8 10 19 19 16 9 9 3 10* May 10 2* Nov. 30 12 May 11 June 1 Aug. 25 30 Jan. 28 46c 27c 17c 25 Jan. Nov. 23 12 7* Aug. 26 11* July 4* Oct. 2 July 15 14 28 56 p i I /! STOCK In Since November Jan. 1 _ Price EXCHANGE Jan. 3 Par 12 682 340 120 .......100 Preferred.... 110 — — 14,900 Cord Corporation..........5 4,170 Cudahy Packing Co pref._100 14,800 Cunningham Drug Stores * 1,840 Curtis Lighting Inc com 900 m 25,525 Dayton Rubber MM com — — — 1,520 1,400 • ; Cum class A 860 110 Decker 4,550 200 600 f<:: 800 350 S 6,850 3,150 93 Fits Simons 450 1,550 1,150 m — — — «. — - 8,100 612 16% 3% 2,600 6,700 84,550 2,650 6,803 2,415 150 710 9 10 Sale .190 Heller (W E) preferred 25 100 3,170 1,450 21,175 1,150 2,847 m, — — ■"m 750 662 1,738 20 4,200 250 200 t 1,650 1,450 140 590 20 300 450 1,600 2,650 160 990 100 240 350 10 m'W 2,100 : — 27,200 6,100 290 — — 6,100 21,900 14,850 2,950 2,550 1,020 . 160 -1,310 4,410 320 180 100 f *m m- - 6,750 1,550 190 970 80 600 350 a 125 100 20 3,470 ■ 700 700 "2,6O6 550 1,050 5,200 850 330 N • Sale 6% 7% 200 . Sale 21 4% Sale Sale 59% 20 36% 3% 7% 74 30 60 9% 3% % 2% 33 3 24 7% 6% 3% 28 1% 9% ._10 • 20 A 36$ ::::: if* ::h t 7% Sale 3% Sale 30 ms* 2% 3 5% Sale 1% 1% 7% preferred pref.* * Modine Mfg com Monroe Chemical Co com...* • Preferred 2,700 Nachman Spring!tiled com.* 3,670 National Battery Co pref...* 175 National Bond Invest com..* 2,050 Nat'l Pressure Cooker Co...2 Nat Republic Invest Trust— Cumul. conv. pref * 9,130 1% 35 31 9% 28% 11 Sale 27 17 18% 1 22% Sale Sale % 20 13% 5% 28 26 4% 4% 7% Sale % % % Sale 4% 5% .% 2% 2% 1% 1% 4% ' 7% 20% 3% 39% i 12 7% 20 21% 5 22 40% 40% 23 20 10 22% 3 9 30 6 .* 3,300 North 111 Finance com * 50,850 Northwest Bancorp com .* 3,610 Northwest Eng Co com 1,740 Nor West Utll pr Hen pref.100 7% preferred.. 100 4,900 Vbr footnotes see page .. 56. 10 10 2 1 10 3 May 24 29 Mar 7% 20% Sale 18%. 1% 11 Sale 18% 7 20 Sale 16% 10% 12 24% Sale 3% 3% 6% 10 11% 12 7 Sale 15 17 32 34 42 Sale 8 11 14 19 Sale uH ~~7~~ Sale Nov. 8% Nov. 30 Mar. 31 10% 2% Mar. 29 Mar. 28 15 Jan. 28 33% Nov. 28 4% Apr. 7 3% Sept. 14 8 Mar. 23 1% Mar. 28 10 Mar. 26 47% May 20 8% May 24 2 % June 6 % Sept. 14 7 Nov. 29 12 Feb. 1 32 Jan. 17 13 June 13 22% Sept. 26 6 Mar. 31 12% Mar. 29 13% Nov. 15 5% Nov. 18 Nov. 17 6 7 1 Oct. 5 Mar. 28 5 1 9 Mar. 30 3 Sept. 14 5% Jan. 27 4 Mar. 30 20 Mar. 5 Mar. 30 Jan. 6% Jan. 6 18 16' Jan. 34 Jan. 31 13 21 14% Jan. Feb. 21 10% 6% 11% 2% 16 52% 12 4% 2% 8% 15% 35 23% 36% 11% 27% Nov. 19 Mar. 16 June 7 Jan. 11 Jan. 12 Jan. 26 Oct. 25 Jan. 10 Jan. 8 Nov. 15 Mar. 15 July 2 Jan. 11 Nov. 10 Oct. 27 Oct. 31 Nov. Jan. June Apr. Nov. 25% Nov. 13% 6% 8% 7% 8% 9 28 2 7% Nov. 9 17% Nov. 10 5 Mar. 30 8% Oct. 17 6% Nov. 13% Nov. 22 Sale 5% Sale 27% 4% Sale 4c Sale Sale 3% Sale % Sale % 1% $ m J * 21% 3% Sale 40% 20 16" "If" 8 31 16% 5% 9% 32% 18% 6% 14 28 21 18 Nov. 14 24 34% Sept. 10 11 May 26 16% Jan. 7 45% Feb. 18 14 Jan. 10 22 Nov. 12 1 19 Sale 2% 7 13% Sale 2% Oct. 16 40 13% Sale 18 48 15 29 Jan. 7 Jan. July 94% Nov. Seot. 68 May May i8h June 24 Nov. Mar. 25 Nov. Mar. Mar. Feb. Mar. 4 13 Mar. 9 1% Mar. 24 3% Feb. 18 Nov. 16 33 Mar. 1 June Nov. 12 2% Nov. 14 33 Nov. 16 4 Nov. 10 24 Nov. 14 8% Nov. 7 7% Nov. 1 4 Nov. 1 30 Nov. 10 2% Nov. 1 9% Nov. 4 21% Nov. 1 20% Nov. 12 1% Nov. 5 33 Nov. 16 Feb. 1 _ 11 Nov. 29% Nov. May Mar. Mar. 21% Nov. 26 3% Nov. 30 45 Nov. 29 Nov." 16 Nov. 14 11 9 July 26 Jan. 11 31% July 26 3% Apr. 28 9% Nov. 4 Mar. Mar. Nov. 25% Aug. 17 Mar. Nov. 12 Nov. Sept. 3S Mar. 38 4% Nov. 12 7% Nov. 9 Nov. % Nov. 4% Nov. 1% Nov. 1% Nov. % Nov. 1 Nov. u 6% Nov. 18 23% Nov. 15 3% Nov. 14 47 % Nov. 22 Nov .16 11 Apr. 11 7 Apr. 2 1 9 1% Nov. 14 1% Nov. 10 Nov. 28 % Nov. 18 19% Nov. 16 1% Nov. 15 Nov. Nov. 1 18 22 Nov. 30 3 Nov. 18 17 Nov. 3% Nov. 9 4 Nov. Nov. Nov. Nov. Nov. 28 10 25 10 9 26 12 Nov. 6% Nov. 28 15% Nov. 5 41 Nov. 18 13 Nov. 29 13% 7% 17% 42% 15% 19 25 5% Mar. 25 14% Jan. 10 Jan. 18 Apr. 20 31 Oct. 20 16% Oct. 3 20 1% Jan. 11 % Mar. 22 21% Oct. 14 13% Oct. 5 14% Nov. 10 5% Mar. 30 6 Oct. 7 2% Mar. 26 29 Nov. 9 19% Mar. 25 16 Feb. 11 16 Feb. 11 4% Oct. 14 1% Mar. 31 8% Oct. 15 4% Mar. 31 2 Jan. 10 3c Nov. 23 •% Jan. 5 % July 12 6% July 22 3 Feb. 4 2 May 17 % Oct. 11 2 Jan. 19 % Sept.16 1% Jan. 10 % Nov. 16 1% Mar. 12 % Aug. 31 7 July 18 3 fiFSept. 19 7% Oct. 26 2 % June 2 7% Feb. 23 5% Apr. 14 18 Apr. 1 27% Jan. 12 5 July 26 2% May 6 47% Nov. 22 35 June 29 16% Mar. 21 15% Mar. 30 10% Nov. 9 32% Nov. 9 18% Nov. 15 6 Nov. 10 9 July July 24 Nov. 21 30 Nov. 1 17% Nov. 2 6 Nov. 10 16 1 4% Aug. Apr. 25c Nov. 24 Mar. 9 4 2 Aug. Mar. 14% Nov. 10 5% Nov. 5 29 Nov. 9 4% Nov. 21 6% Nov. 29 3c Nov. 23 % Nov. 1 3% Nov. 28 % Nov. 30 % Nov. 29 % Nov. 16 % Nov. 7 3% Nov. 23 6% Nov. 18 Jan. May 3 1 % Nov. 19 10 15 12 10 24 18 10 9 14 19 13 Nov. 21 78 12 5 Apr. 9 Nov. Oct. 6 ' 40% Jan. 5% Jan. 9 July 22 July 23 81 35% July 26 May Nov. Nov. 21 Nov. 5% Oct. July Feb. 11 6% 6% Mar. 19 15 July 5% Nov. 4 3 Nov. 30 15% Nov. 28 24 Nov. 9 25 Nov. 14 40 Nov. 12 3% Nov. 9 8% Nov. 23 80% Nov. 15 33 Nov. 1 78 Nov. 21 11% Nov. 28 5% Nov. 29 26 Nov. 29 Sale 22 22% Nov. 5 4% Nov. 15 94% Nov. 12 68 Nov. 10 9 Nov. 28 27% Nov. 25 1 1% 18 15 20 30 25 9 16 Nov. 2% Oct. 12 % 11 17% Oct. 17 Sale 4% 6% 12 25 25% Oct. 28 6% Jan. 28 38% Oct. 8 5 % Aug. 5% Mar. 31 8% Mar. 31 % June 13 9% 27% 8 15% % 18 1% 19 18 17% Nov. 9 15 . Nov. 9 2% Nov. 25 Sale 4% Stamped—........... 8,790 National StandardCommon stock.. .....10 11,300 6,000 National Union Radio com.:I 170 Nineteen Hundred class B..1 49,050 Noblitt-Sparks lnd Inc cap 5 20 8,800 North American Car com 70 Northern Paper Mills com.* 24 4 ..... "11% "If" 17% 7 18% 1% 1% 31 " Hen..........100 A.........100 preferred A... 100 7% prior 6% 4 14 9 16 20% Nov. 15 4 Nov. 9 86% Nov. 3 58 Nov. 28 Sale 5% Nov. 4 7% Sale 3 Nov. 30 16% 15% Nov. 23 Sale 20 Nov. 30 23 23 Nov. 25 39 Nov. 28 45 3% Nov. 29 Sale 7 Nov. 29 Sale 75 Nov. 2 85 31% 29% Nov. 29 78 Nov. 21 78 Nov. 22 10% 10 3% Nov. 22 3% % Nov. 1 Sale 2% Nov. 2 Sale 32 Nov. 10 40 3% Nov. 18 3% 21 Nov. 4 25 7% Nov. 26 8% 6% Nov. 22 6% 3% Nov. 17 Sale 28 Nov. 7 30 2 Nov. 17 2 9% Nov. 4 10% 19% Nov. 30 Sale 18% Nov. 30 Sale 1% Nov. 3 Sale 31 Nov. 28 33 3% 86% common...* Miller At Hart Inc conv Nov. 14 Mar. 15 -SI7 23 10 10 23 26% Nov. 14 Sale 4% Sale 86% Sale 20 20 25 12 Sale 15 23 21 3 common...* Corp common 5 8 Feb. 15% Nov. 36% Nov. 11% Nov. 2 18 Feb. 20 3% Nov. 10 1 Nov. 4 8% Nov. 15 7 3% July 61 Mar 25% Nov. 16 Nov. 14 24 Nov. 3 38 12% Nov. 7 Nov. 12 22 Sale 5 60 Mountain States Power pf.100 630 Muskegon Mot Spec cIast"A"* _ ft Sale 64 6 5% 1 2,600 Minneapolis Brew Co com 250 Mlnn's-Moline Pow Imp com.* >100 650 ■ 6 14% Sale 12 13 2% Sale Sale 14% 10 107% Sale Sale 26 • * ♦ 100 McWIUlam Dredge com 23,450 Manhatt-Dearborn Corp com* * 210 Mapes Cons Mfg capital * 219,920 Marshall Field 8c Co com 1 75,300 Mer & Mfrs Sec cl A com Prior preferred.. ....* 1,770 100 Metrop Indust allot ctfs 68,265 Mickelberry's Food Prod coml 379,300 Middle West Corp capital...5 Stock purchase warrants... 134,100 20,090 Midland United Co com....* Convertible preferred....* 35,610 3,930 Midland Utll t% pr lien..100 6,630 1,240 960 m 24 6% 9 3,080 VfcCord Rad At Mfg "A" 980 McQuay-NorrlsMfg com ' m Preferred Lion Oil Ref Co com 11,750 2,550 Lynch 160 mm — 23 5% Sale Loudon Packing 100 — 21 23 ...........* 146 Liquid Carbonic 360 mm — 39% 11% * Cumulative preferred....* Le Rol Co common.. ...10 Llbby. McNeill Ac Llbby • Lincoln Printing Co com ...* 25,700 1,600 — 11% 37% 11% Leath At Co common.. 10 1,600 146 m — 24 39% 12% 6,550 26,047 21,250 $3.50 preferred • 1,290 3,050 Lindsay Light & Chem com IS 450 1,990 2,350 mi 24 38 • 5,080 Iron Firemen Mfg Co v t C 39,400 Jarvls (W B) Co capital 4,650 Jefferson Electric Co com.. 1,700 Joslyn Mfg Ac Supply Co com 5 1 25,400 Kats Drug Co com 29,210 Kellogg Switchboard com.. Preferred 1A0 1,470 4,300 Kentucky Utll |r cum pref. 50 6% preferred...........100 1,330 8,270 Ken-RadTube Ac Lpcom A..* 22,700 Kerlyn OH Co common A...5 16,250 Kingsbury brewing Co cap.l 5 17,410 La Salle Ext Unlv com 1,660 Lawbeck Corp 6% cum pfdlOO 10,550 400 :m $6 preferred 410 10 150 23 16% 12% 2% 9% Nov. 5 Nov. 5% Nov. 6% Nov. 8% Nov. 25% Nov. 24 Nov. 37% Nov. 11% Nov. 22 Nov. 25 14% Nov. 28 12% Nov. 7 2 Nov. 18 26% 24% 17 % 107 7% 26% 8% Sale 11 1% Sale — — Sale Sale 8 5% 7 9 22 10 5,100 Illinois Nor Utilities pref.100 • 7,300 Indep Pneum Tool v t C 1 6,930 Indiana Steel Prod com * 2,588 Inland Steel Co capital * 6,777 Internat Harvester com * 120 Interstate Power $7 pref 250 ' mm 5% 4% Sale 8% 12 11 5% 7 Sale 16 1® 19,960 Illinois Brick Co Illinois Central RR com.. 100 ' ~ _ Sale 5% 5 16 Houdatlle-Hershey— m 10% 24 42 % Class B • 80,255 6,100 Hubbell, Harvey, Inc com..5 1 67,960 Hupp Motors com...... 50 11% Sale 6 7 6% Sale 4% 5 1,730 Hlbb Spencer Bartlett com.25 * 1,400 Horders Inc common 3,550 Hormel Ac Co (Geo) com A._* 50 10% 26% 6% 8 13% Nov. 30 31% Nov 28 10% Nov. 4 23 Nov. 28 Sale 32% Sale 11 11% 24% Sale 13% Sale Sale 5% 4% ..... 15% 14 33 "7% ""8 % Without warrants 600 90 19% 30 Sale 7% 19% 7 Jan. 12 July 18 Nov. 9 Jan. 28 Oct. 8 Nov. 2 23 10% Nov. 19 4% Nov. 12 9% Nov. 4 2% Nov. 4 13% Nov. 28 3% Nov. 2 % Nov. 26 7 Nov. 29 3% a 7% 11% "IB"" 10 11% 3% 12 3% 1 % 7% 2% Sale 13% 65 13 15 Nov. 14 Nov. 16 11% Nov. 29 16 Sept.17 19 July 8 9 3% June 16 36% Nov. 2 Nov. 12% Nov. Sale 2 13 57 10% 3% 13 28 21 28 1% Mar. 29 Nov. 4 Nov. 14 15 23 16 28 29 10 1 8% Nov. 4 Nov. 9% Nov. 2% 54% 21 % 11 18 it* Sale 55 27,000 Helleman Brew Co G cap—1 8,500 Hein Werner Motor Parts..3 450 100 9% 2% 13 4 8c D com....* Hall Printing Co com 10 Sale Sale 4 2% 10 990 Hamilton Mfg cl A part pf 4,400 HarnlschfeOer Corp com..10 1,500 v': Great Lakes D 39 9 12 % 26 Jan. 20 6 7 ih 33% Nov. 10 23 6% 36 16 15 37 8c Connell Dock 21 313 123 303 113 Sale 22 Sale 34% 19% » * 13,900 Goldblatt Bros Inc com 9,983 Goodyear Tire & Rub com..* * 14,700 Gossard Co (H W) com 850 : 3% 19 14 Class A 130 — _ — 9 1 9 2 2% Nov. 15 5 Nov. 12% Nov. 31 Nov. 11 Nov. 18% Nov. 5% Nov. 25 Nov. Nov. 16 11 Nov. 30% Nov. 9 Nov. 16 Nov. 3% Nov. 21 Nov. 12 16 35 12 5 5% Sale 5 15 850 S3 cum conv pref... ..20 ...5 3,200 General Candy Corp A 23,505 General Finance Corp com..l 152,710 Gen Household Utll com....* 802 General Outdoor Adv com..* 470 Godchaux Sugar Inc cl B___* «*. 550 ...... 18 6 31 Ac Dredge Co com .... * 5,100 5,600 Four-Wheel Drive Auto—..10 7,580 Fox (Peter) Brewing com...5 1 21,800 Fuller Mfg Co common 12,450 Gardner Denver Co com....* 850 250 1 Nov. 17% Nov. 1% Nov. 17 Nov. 25 Nov. Oct. 17% 11% Sept. 17 28% 10 Mar 30 100 95 Aug. 2% I % Mar 73 48 May 17% 11 % a pr. 3% 1 % June 24 17% 5% Mar 31 Nov. 9 Nov. 14 Nov. 16 ...—. 4% 150 Fair, The common —_• * 590 Fairbanks Morse com.... 'mmmmm'— ■» 26 Highest Sale Prices 45 11% Nov. 29 19% Nov. 30 14 1934 Sale 11 '26" 1,190 8,705 3,347 6,515 3,950 66,940 El Household Utll Corp.-—5 18,800 Elgin Nat Watch Co 15 40 1,650 ■ " ' 75 - Prices 60 2% Nov. 15 2% 40 2% 27% ,3% 18% * 360 De Mets Inc pref — 2% 50 100 24 22 17 —10 * * Dexter Co (The) com.. 5 Dixie-Vortex Co com........* Class A ...* Dodge Mfg Corp common...* Eddy Paper Corn (The).....* 1,945 V 5 8% 7% Nov. 30 15% Nov. 25 1% Nov. 2 15% Nov. 28 25 Nov. 2 50 Sale 17% Sale 1% 2 14 15 12 26 50 Sale 16% Sale 1% Sale 1634 Sale 60 13% 3 pref.____.__85 230 Deep Rock Oil cony pre! 6,735 Deere & Co common 50 97% Sale 13 (Alf) At Colin— Preferred 15 65 * Common 20 mm<- — mm Ask 16 x Sale 24% Sale 98 102 mm mm mm 96% Sale Sale Prices Ask 17% "14% Nov. 28 14% Sale 24% Nov. 1 28% 25% Sale 98 Nov. 14 100 98 Bid Bid Ask Bid 8,612 Container Corp of Am com.20 1,652 Continental Steel com......* 2,225 Lowest Sale Prices Highest Lowest Nov. 30 Nov. 1 1938 STOCKS Shares Shares JAN. 1 RANGE SINCE NOVEMBER IN PRICES CHICAGO SALES AGGREGATE 55 STOCK EXCHANGE CHICAGO Dec., 1938] 20 Mar. 29 17% Nov. 4 1 2 Mar. 22 Nov. % June 27 13% Apr. 1 % Mar. 24 8% Mar. 17 l2 Mar. 30 1% Apr. 29 6% Sept. 24 10 Oct. 14 5 Mar. 29 8% Mar. 31 18% Apr. 5 8% Mar. 30 17 Nov. 16 10% Oct. 27 32% Nov. 29 18% Nov. 15 7% July 7 6% Mar. 1% July 22 15 July 1% July 19 22 25 9% Mar. 2 26% July 25 3% Oct. 20 10 Feb, 19 13% Nov. 28 8% Jan. 15 17% Nov. 25 46 Aug. 23 19% May 10 56 CHICAGO AGGREGATE SALES In CHICAGO STOCK EXCHANGE Since Jan. 1 November Shares """445 2,544 Omnibus Corp 40 PRICES Par Bid Bid Ask 2% com. Nov. 1 16 170 * v t c com 17% 105"" 100 • 8 6% 105 15 1,190 Common 16 300 400 8% 30M 16% 8% 30 7 8 25% 25% Nov. 26 27 15 16 15 6 4 30 9 14% Nov. 23 4% Nov. 2 15 60 Preferred. 290 3,210 3,880 14,684 2,685 9,370 18,230 150 520 3,350 11 13,932 2,820 2,550 19,200 9,200 4,120 190 300 100 750 270 Nov. 16 8 Nov. Nov. "30"""Nov." 50 14% 4% 22 30 84 21% Sale 36% Sale Perfect Circle (The) Co Pictorial Pap Pkft com... Pines Winterfront com Poor & Co class B 28 26% 25 3% Nov. 28 20% Sale 35% Sale 26% 4% % Nov. 14 Potter Co (The) com... Pressed Steel Car — • 5 1 5 1% 1 .. IK 1% 81 82 98% Sale 126% 142 17 17% Raytheon MM Co com vtc 50c 6% preferred v tc 5 2}i Reliance Mffl Co 9% Common. 10 Preferred.. 10% Nov. 28 V/s Nov. 2 116 143% 150 150 24% 25% Sale Sale 13 July % Apr. 30 Sept. 11 Apr. 2% Sept. 18% Oct. 26 100 12 ..100 99 ......1 1 400 Ross Gear A Tool com * Sangamo Electric Co com—* 26 26% Sale 11 13 54 4 23 10 Sale Sale 88,740 T "i',306 Common........ 4,100 16,700 36,330 25,950 1,200 4,220 1,340 11,900 850 7,767 1,050 40 500 410 26 3 Nov. 1 13 Nov. Nov. 9 Nov. 29 SIgnode Steel Strap Co pf_30 14 95 70 2,000 140 5,074 4,300 13,200 78,710 29,428 8,750 3,225 900 1,960 2,490 3,169 1,474 3,050 4,500 1,800 310 Thompson (J R) com Trane Co (The) common 1,850 3,076 6,700 35,698 3,570 16,597 725 4,858 3,372 4,450 90 4,073 70 1,019 999 750 100 10,300 (Montgom) A Co cl A.* parity is 16.95. portance * 76 3% during 4 November. 4% Sale 4% 4% 10 23 2 9 10% 13% Sale a Sale m ?* on Nov. 1 at 10 no showed on in Dol¬ Nov. 1 at change of im¬ Berlin cable transfers reserves. on 40.081/2. Nov. 30 at 40.05% @ the Italian control. as Cable transfers on Rome sold on Nov. 1 5.26% @5.26%, and on Nov. 30 at 5.26% @5.26%. Exchange on the countries neutral during the war fol¬ lowed mixed rencies The off Swiss franc affected had trends eased in by November. reason of The their Scandinavian relation to cur¬ sterling. and Holland guilder, however, were not by the swings in sterling. Both these currencies their parities changed on Sept. 28, 1936, since when they followed the action of other Scandinavian units with respect to sterling without determining upon a new valua¬ tion. the However, Munich on Sept. 26 of this conference the Holland and partitioning year, two days before Czechoslovakia, both Swiss banking authorities cut loose from the sterling tie and the units thereafter showed independent 28 25 30 Mar. 30 13% Jan. 79% Oct. 5% Jan. June 28% Jan. Jan. 1 Apr. Sept. Sept. Sept. Sept. Sept. 73% Mar. 2% Mar. Nov. 28 2 7 10% Nov. 23% Nov. 8 Bank than of The Oct. 80 Oct. 21 11 8 15 11 14% Oct. 3% Jan. 5% Jan. 30 15 Nov. 4 Oct. 21 June 27 Oct. 19 Jan. 17 Jan. 17 i!& .!§* 20% Nov. 12, 29% Oct. 15 5% 17% 90% 19 13% 22 114% July July Nov. 12 29 Oct. July 29 29 17 2 19 21 Nov. 14 25 13 28 June 28 Feb. 25 * 18% 37% 1% 20% Sept. 2 Feb. 18 July 6 Jan. 11 8 160 Sept. 7 26 54% Oct. 13 17 33% Oct. 24 28 30% Aug. 24 28 124% Nov. 12 29 12 Jan. 15 24 Feb. 79 3 25 5 July 25 Mar. 26 9% May 27 x Netherlands Nov. 10 86 28 3% May 27 2% Mar. 30 1% May 3 Nov. 2 31 13% June 10 39% 25% 22% 93% 8% 3% Nov. Aug. 9 Aug. 24 Apr. 18 19 30 Mar. 23 126 5% Nov. 5% Nov. Nov. Mar. 30 Mar. Sept. Mar. Sept. June Mar Nov. Mar. Mar. 36% Jan. Nov. Nov. Nov. 4 Mar. 31 3% 13% 63% 7% 77% % % 1% 14% Nov. 2 18 10 11 21 11 14 10 Jan. 14 Apr. 21 107 15 Nov. Nov. 12 17% Jan. June 24 22% Mar. 30 Nov. Nov. Nov. Nov. Nov. Nov. Nov. 1 The 8 7% Apr. 26 4% Nov. 5 more 2% Sept. 1 24% July 26 5% 5% 2% 12% 25% Nov. 14 Nov. 14 July 5 Jan. 12 July 7 Ex-dividend. in November 300,000,000 guilders of gold earmarked sold Nov. on 1 at Guilder 54,41%@54.43%, and on and 24.48% @24.50, Nov. 30 at 24.10% @24.15. Exchange on the South American on countries was steady throughout November, due entirely to strict exchange con¬ trol. The only currency which showed variation any was the Argentine peso, which was inclined to follow sterling, although at no time did it reflect the extreme ease in the ure On Nov. 10 a major step affecting Argentine ex¬ lowering of the Argentine peso. This meas¬ adopted as soon as the American wheat dumping was the was proposals were learned. In the official market the official copt^ol continued to buy foreign exchange at the rate of 15 throughout the year, have been kept rigidly pegged by the Rome control. No figured of interest to the world at large have been published by at 10% Nov. 9 20% Nov. 12 29% Nov. 10 3% Nov. 9% Nov. 30 18% Nov. 28 14 1 1% Mar. 23 2% Mar. 25 26% Nov. 29 10% Apr. 7 2% Sept. 28 8% Sept. 24 7 Nov. 29 54.32%@54.36%. Swiss cable transfers sold on Nov. 1 at 22.69%@22.70, and on Nov. 30 at 22.74%@22.76. Cable transfers on Sweden sold on Nov. 1 at change they do not reflect the actual gold November, Nov. 3 July 26 July 26 Aug. 6 Jan. 4 99 25 7% Mar. 30 3% Nov. 26 11% Nov. 10 Nov. 30 at pound. in 14 4% Nov. cable transfers not to be relied upon, as lire Nov. 10 Nov. 9 Nov. 1 Nov. 4 2 26 31 58 95 3% gold reserves of the Reichsbank showed practically no change during 11 months 1938. The total gold and bullion holdings were carried in the Reichsbank statement at 70,773,000 reichsmarks, and the ratio of gold and foreign currency to notes was 0.99% on Nov. 30. The financial statements of the Reichsbank are Italian 14% 2% 4% 30 33 29% 124% 10% Nov. 10 90 72 Nov. 22 6 14 Nov. Mar. 28 152 1 80 Jan. Apr. §i% 74 10 9 Nov. 9 Nov. 10 9 Mar. 31 117 8% Mar. 28 May 10 13% Mar. 31 5 Nov. 15 16 16 Apr. 14 20 Nov. 14 12 Nov. Apr. 14 2 Nov. 18 Nov. 15 1 Sept. 19 13% Nov. 9 10% July 23 3 July 19 abroad, believed to be chiefly in the United States. steady The 40.05@40.07%, and P 1 159% Nvo. 53% Nov. Nov. 24 firmness. showed 10 10 Includes 285,500 Commonwealth Edison rights traded during month. 53) sold Nov. 111% Nov. 9% Nov. 4% !::• 5 4% Sale 1 2 9% Sale 19% Sale Sale 4% 2% 10% of held in the Reich in secret sold on Nov. 1 at Nov. 1% Nov. 18 Nov. 48% Nov. 30% Nov. 24 3 Nov. 30 at 16.89@16.90. situation 155 Sale *§* 78 transfers ruling close to 16.92. on 160 23 12 Nov. 30 at 2.62@2.63. continued exceptionally mark Nov. 10 Nov. 10 90% 13% Nov. 22 114% 4 Nov. 2% Nov. 25 % Nov. 23 1% Nov. 15 17 1% Nov. 16% Nov. Sale 117% 10 com* page 1% _ a 48% Sale 30% Sale * Belga cable transfers 16.90y2@16.91, and German 17 156 137% 139% Paris cable transfers sold currency % 1% 16% 16% * t Formerly the Cord Corp. November, with cable 2 Sale 1% * com Yellow Cab Co lnc (Chic)..* Zenith Radio Corp com * on 101% 2% Sale • ... Common 2%%. 2.65%@2.66%, and » Sale Sale Wayne Pump Co capital 1 Western Union Teleg com. 100 West'house El & Mfg com. .50 raised from 12 78 * .... (Concluded from Nov. 28 Nov. 4 84% Nov. 28 2 11% Nov. Sale 1% 16% Viking Pump Co common...* Ward 3 4 14 Sale Sale „ ... No par value. 4% 15% Sale Woodall Induat com........2 Yates-Amer Mach cap ...5 17,700 5,050 12,597 208,595 350 12 % 71 Wisconsin Bankshares— Common 33,600 4% 14 73% Sale 8,150 Williams Oll-O-Matlc 8,300 2,450 The 2 Wleboldt Stores lnc com Cum prior preferred 560 """450 4 Jan. 4% Jan. 1% Jan. 4 Nov. 18% Nov. 30 27% Nov. 22 20 Utah Radio Products com..* Walgreen Co 7 Nov. 30 9 Utility A Ind Corp com 5 Convertible prefer red.... 7 com Nov. 14 Sale Preferred.... 26% Nov. 29 14 5 Wahl Co Nov. 28 2% Nov. 26 3% Nov. 26 9% Nov. 28 Union Carbide A Carbon cap* 50 " 13 5% 7 9% Sale 16 % Sale 22 j| 23% 25 United Air L Transp cap U S Gypsum Co common "77% "Nov." 15 13% 2% 3% 3 Storkllne Fur Oct. 29 Mar. July Mar. May 47% Mar. 90 Sale 4% 11 41 % 18% 15% 6% Nov. 12 28 Nov. 1 13 Nov. 23 18 Nov. 9 2 Nov. 1 107 5% 2 105% 105 Sale com 10 Sunstrand Mach Tool com..5 Swift A Co cap stk 25 Swift Internaclonal ..15 10,719 23,960 11,515 7,778 3,600 69,600 13,300 16,060 1,200 """800 11 16 Sale 3% 4% Oil of Ind capital—25 970 Stein A Co (A) common ...* 2,300 Sterling Brewers lnc com_._l 6,768 Stewart-Warner Corp com..5 3,205 16 Sale 105 76 60 Sale 12 10% 2% Sale 5,074 Stand 20 200 lar 2% 1,110 St Louis Nat Stockyards cap * 15,350 Standard Dredge conv pref20 Common 30,350 1 3,628 Standard Gas & Elec com...* 1 2% Nov. Nov. 28 10 Nov. 21 71% Nov. 28 2% Nov. 22 26 Nov. 14 15 Nov. 28 28 18 16 Sale Slvyer Steel Castings com—* 420 Southwestern Lt A Pow pfd. * 156 900 Belgian 24% 14 1,320 Southw GAB Co 7% pref. 100 20 260 * * South Bend Lathe Wks cap 5 380 Sou Colo Power A common. 25 700 Nov. 14 25 2% 5 6 23 6 16% Jan. 1% Mar. 31 3 % Jan. 7% Mar. 29 95 6 July 21% 55% 9% Jan. 18% Oct. Mar. 29 Si?, 7 7 2 13 Apr. 26 16% Aug. 27 May 27 74 74 85 129 Nov. 10 Nov. 25 Sale 20% Schwitzer Cummins capital. 1 Sears Roebuck A Co com....* Serrick Corp cl B com 1 Common Sale Jan. 1 40 % Mar. 28 7% Sept. 19 % May 12 6 Sept. 14 Rollins Hos Mills- 11,500 Mar. 26 3 3 2% Nov. 17 % Nov. 2 11 Nov. 21 Sale 1 11 101 12% Sale 8 22 2 Nov. Nov. 25 2% 25 27% Feb. 15 17 June. 25 18 21 22 1 30 6 24% Mar. 4 Nov. Nov. 18 117 2 152 114 150 24% 2% lVi Sale 100 5% Apr. 22 25% Nov. 26 12% 116% Sale 12 7 Nov. 29 39% Nov. 9 27% Nov. 14 3% Nov. 1 % Nov. 1 15% Nov. 9 1 Nov. 2 13% Nov. 9 2 Nov. Nov. 19% July Mar. 29 105 Nov. 1 Nov. 16 19% July 25 8 24% Nov. 12 77 70 60 Quaker Oats Co com * Preferred ....110 Rath Packing Co com...-.10 200 1 Sale 111 II 1% Nov. 16 Nov. 14 Nov. 5 Nov. 16 1% 12 * com I IK 1 Nov. 28 Nov. OU JMU*. 30 25% 3% % 12% 27 3% Sale % Sale 14 Sale * common.. Sale 19 35 78 OO Nov. 12 11 8% 20% 130 Pub Serv of Nor 111 50 Common 982 30 100 150 5% 1st preferred __5 5,140 Process Corporation com...* v; '""250 12 9 50^ 30^ 13% im itu 3% 49 Pennsylvania RR capital..50 Peoples Gas Lt A Coke caplOO "6.877 3,700 1,495 1 % 8 14% 8 Highest May 25 13% Sept. 26 96 16% Nov. 10 27% 15 1,126 1 Sale Prices 12 Sept. 14 10 3 19% Nov. 16 7 105 Nov. 1 17% Nov. 104% Nov. 105 8 7% 27% 11 Sale Prices 10% 12 83 Lowest Sale Prices 14% 24 "2", 877 i * Highest Sale Prices 15 7% Convertible preferred....* 230 RANGE SINCE JAN. Lowest Ask 12 18 13% 18 Sale 2,550 Parker Pen Co (The) com..10 11,765 Peabody Coal Co B com * 170 6% preferred ......-100 6,000 Penn Elec Switch conv A.. 10 7,050 Penn Gas A Elec A com... * 20 NOVEMBER Nov. 30 Ask Bid 12 Oshlcoah B'Gosh lnc— 850 IN Price 1938 90 Okla Gas A El 7% pref 550 Ontario MM Co com 280 EXCHANGE Jan. 3 STOCKS Shares 170 Nunn-Bush Shoe STOCK to the pound sterling, but decided to sell at the rate of 17 pesos by the pesos to pared with the former rate of 16. At new order it the pound as the time the was com¬ order was put into effect the free market in Buenos Aires dropped to 20 pesos a pound from 19. The official quotation for exchange on Buenos Aires, ranged in November between 30.86 and 31.76. The unofficial or free market range was between 22.50 and 25.10. Exchange continued which legally these or for silver The the Far Eastern countries during November strongly influenced by the trend of sterling, to on currencies through was are exchange allied in controls. fixed ratios The London either price 19 9/16d. on Nov. 1 and 20 l/16d. on Nov. 30. Hongkong dollar was 29.57@29% on Nov. 1, and 29.13 on Nov. 30. The Shanghai dollar was 15.91@16% Nov. 1, and 15.79@16% on Nov. 30. Yen checks sold at 27.70@27.72 on Nov. 1, and at 27.25@27.32 on NoV'30.--^4:v, @29% on Baltimore Stock Exchange RECORD MONTHLY AND YEARLY ,;,;v ; RANGE OF PRICES ON Sharesm November Jan. 1 to Nov. 30 AGGREGATE 46,493 609,144 Jan. 1 to Nov. 30_ PRICES IN .... Since November Jan. 1 BONDS $ BALTIMORE CITY BONDS— Nov. 1 1938 Ask Bid Bid Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices Nov. 30 Ask Bid Ask 300 2,000 2,300 1,100 100 100 49,500 17,650 4,000 14",666 18,500 2,000 114 195! 1954 City 4s Public Park 1955 City 4s 3d Water coup 1955 City 4s School House....1957 City 4s Conduit 1958 City 4s Water Serial .1958 City 4s Dock Impt 1961 City 4s Jones Falls 1961 City 4s school house .1961 City 4a Sewerage impt...1961 3%« New Sewerage Imp..1980 Atlantic Coast Line 5% ctfs.. 5,500 2,200 11,400 897,750 Bait Transit Co 4s flat..1975 A 5s flat 1975 227,050 B 5s 1975 22,500 4,000 Benesch&Sons Co Inc 6% 1939 74,000 Finance Co of Amer 4% ..1942 4% 1947 62,500 1945 3,000 Fla Southern RR4% ...1941 2,000 Interstate Co 4%% .1944 5% 3,000 .1945 5%. 3,000 .1948 5%. 3,000 .1949 3,000 5%. .1950 2,000 5%. 21,000 Read Drug 8c Chem 5V$s_1945 3,995 210 813 718 923 33,234 1,219 6,623 15,644 10,343 ""657 205 536 714 804 439 305 77 Arundel 23 Sale 25 Sale 96% 99 20% Sale 22% 23 81 90 99% 99% 99% 101% 15% 16 82% Sale Sale 1 * Sale Sale 65 114 6% 17 Sale 92 36 9% 10% 7,803 36 701 347 6,845 760 826 Sale 71% Sale 70 116 Sale 8 7% 5% Sale 15% Sale 112% 113% 111; 31% 30 30% 10% 11% 60 Mercantile Trust Co 2 5,308 4,487 Sale Sale 500 113 Sale Sale * 1% 1% 32% 15% 25 48 214 National Marine Bank 2 10% 1 % 93% % Sale" 1% 97 Sale 25 Sale 26 25% 39% 44 11% Sale 1% 1% 84% Sale 40 n% Sale" 82% "83% 73 493 Seaboard Comm'l com.....10 Sale 13 10 5% preferred .....50 2 115,294 V S Fidelity A: Guar 20 752 Western National Bank 38 No par x 30 10 18 1 10 3 Nov. 2 116% Nov. 25 9% Nov. 10 7 17 Nov. 19 Nov. 10 113% Nov. 15 32 Nov. 18 10% Nov. Nov, 9 June 24 Oct. 99% Sept. 99% Mar. 99% Feb. 99% Jan. 99% Feb. 2 \ iVA Nov, Nov, 4 Nov, Nov, Nov, Nov, Nov, 10% Nov, 1% Nov, 82% Nov, 2 12% 25% 1% 37% 43% Nov 10* 9 10 4 29 14 23 15 72% Nov, 16 Nov. 30 Nov. 9 92% 55% 112% 7% 13% 32% Sale 34 16% Sale 32 Ex-dividend. ,jf$. Sale 13% 38% 17% ..... 13% Nov. 22 Nov. 1 15% Nov. 17 32 Nov. 1 38 Sale June Mar. Apr. Sept.: 1$ 75% 27% 9% 9% 3 2 Nov. 9 8 Oct. 13 Mar. 11 May : Mar. Sept. 14 Sept.: May May Oct. 4 214 10 9 21 26 Nov. 1% 38% 43% 12% 1% 84% Nov. 10 Nov. 4 Nov. 7 3 Nov. 14 40 Nov. 15 Nov. 30 Nov. 9 4 Nov. 30 Oct. Oct. Jan. Jan. Nov. Oct. June Mar. Jan. Apr. Apr. Nov. : Jan. 7 21 8 8 9 18 15 9 11 27 Jan. Oct. May 17 Oct. 15 7% Mar.! June Nov. 75 24 24 June Nov. 10 24c 67 Oct. Nov. 1% Sept.; 1% Nov. 18% Sept.! 16% Nov. 14 8 15 Jan. May 1% Nov. 1% Nov. 34% Nov. 13 20 I Oct. June 3 14 24 25 25 Oct. Mar. Nov. 28 14 Oct. Mar.; A* Jan. June July Nov. j July Mar., 72 Jan. 21 June Jan. Oct. 7 3 10 18 July 5 Sept.: 59% Apr. 112% Oct. ; 3 May 66 Apr. ! 22c 64 Sale ; ; \ [ June Nov. 4 217 25 ; Nov. 10 Nov. i 11% Mar. I Apr. : Nov. 31 | Apr. Mar. 4 50 * Mar. 42 20 Feb. Nov. 30 ; Nov. 10 Jan. 6 Mar. 1 1 2 Feb. 16 Jan. 27 Feb. 23 Apr. 9 1 Nov, Nov, 18 9 Nov, Nov, 18 2 Nov, 3 Nov, 26 17 Sept. lo Nov. 2 102 WA June Nov. Nov 24 25 June 24 Oct. U 68 11 101 10 99% 22 101 16 99% 99% 27 23 99% 2 17% % 8% % 1% 1% 67 288 value, Nov. Nov. Nov. Nov. Nov. Nov. Preferred............... 26 160 2 20% 28% % 1% 24% 17 Nov. 24c 75" Sale" 600 Phillips Packing Co com * Pref 100 214 11 Real Estate Trust Co.....100 11,763 Nov. 114% Nov. 8% Nov. 5% Nov. 14% Nov. 108% Nov. 30% Nov. 10% Nov. 217 36% 10 • Sale 14% 54 31,653 New 51,780 North Amer Oil Co com..... 10 1,300 Northern Central Ry... 1 7,100 Owings Mills Distillery 3,503 Penna Water Ac Power com..* Sale Sale IX IX Sale Sale 24 30 Amsterdam Casualty..2 19H Sale 215 ...50 Merch 8c Miners Transp Preferred Nov. 50 Sale 17% Sale 100 1,514 22 196 50 Monon W Penn PS 7% prof 25 548 Mt Vern-Woodb Mills Com 100 441 Nov. 72 % Nov. 1 1% Nov. 1 21 % Nov. 28 17 Nov. 3 2 100 24 3 June 7 June 10 91 Feb. 17 23% Jan. 15 27 Jan. 15 85 Feb. Mar. 1 Oct. Oct. 25 101 1 101% Nov. 96% Feb. 92 96% Nov. Apr. 18 9 39,142 Houston Oil preferred....100 * 750 Mfrs Finance common v t 1st preferred 100 4.991 Second preferred....... 100 2,055 1 91,023 Mar Tex Oil Common class A... 26,979 1 4,300 Martin (Glenn L) Co com 783 89 5 2,297 2,050 Preferred 2 101 18% Nov. 26 1 265 Guilford Realty Co com 22 24 24 25 24 78 1003/f May 84 Ga Sou & Fla Ry 1st pref.100 135 Nov. 5 Class B 120 101 % Sale 1% Sale 21% Sale J Mar. 29 15% Mar. 31 101 _____ 20% Sale JH Apr. 29 15 68 26 % Sale 1% Sale 22% Sale 114% Sale 3 3 2 100% Nov. 28 101% Nov. 26 96 Nov. 7 96% Nov. 17 18% Sale 70 24 Nov. Nov. Nov. Oct. 24 101 Sale 97 25 Sale 1st Preferred ▼ t c 100 83 20 99% 99% 99% 99% 99% 99% 102% 99% 99% 82% Nov. 23 Sale 22 101 100% 102 96 96 96% 101 21 19 24 24 25 17 126% 17 117% 85 Bait Transit Co com v t C__ Black 8c Decker common Jan. Jan. May May July May June May May May May May 3 117 Oct. 112 Nov. 16 Nov. 21 20% Sale par Corporation.......* (Conn)...50 5% preferred.. .100 3,662 1,182 Davison Chemical Co com. 100 I 12,905 Eastern Sugar Assoc com Preferred 1 5,375 20 5,405 Fidelity 8c Deposit 3,344 Fidelity 8c Guar Fire Corp. 10 1,457 Finance Co of Am class A...5 25 117 118 Atlantic Coast L 313 Brager Elsenberg Inc com. .50 55 Comm'l Credit 4%% pref.100 * 9,807 Consol Gas KLfc Power 10 . STOCKS. Shares Shares Jan. 10 May 24 Jan. 10 101 May 24 114 116% May 24 116% 116% May 24 119% 120% July 25 120% 120 May 24 120 120% June 22 120% 120% May 24 120% 124% May 24 124% 118 May 4 124% 116% Jan. 26 122% 122 May 24 122 101 1940 1,700 City 4s Paving 1,500 City 4s Annex I 600 JAN. 1 RANGE SINCE NOVEMBER > 400 City 4s 2d Water Serial.. 1947 400 City 4s Annex Impt.. 1951 1,000 1937 $105,300 1,926,850 1938 $105,650 1,377,800 Price Jan. 3 In 100 3%« Public Impt Bond Sales November 807,094 BALTIMORE STOCK EXCHANGE SALES BALTIMORE STOCK EXCHANGE 1937 48,642 1938 Stock Sales Mar. 38 13% Nov. 22 Nov. 1 12% June Aug. I 17% Nov. 22 32 Nov. 1 29% Sept.! Mar. I Jan. Jan. 21 7 Oct. 21 Nov. 1 Oct. 17 Jan. 7 Jan. Mar 7 RANGE OF PRICES ON BOSTON STOCK EXCHANGE Stock Sales 1938 November _Shares_ AQGREQATB SALES 1937 605,167 4,740,804 Jan. 1 to Nov. 30 November Since Jan. 1 PRICES Share* BONDS 1938 STOCKS Shares. 8,349 708 50 40 1,900 ... 2,947 2,486 4,030 .... 5 1,276 ~2~248 1,608 10,968 8,602 1,697 5,007 71 416 20 890 141 1,685 228 ""260 1,477 8 700 143 100 407 "2",515 25,256 Copper Range Co " 970 East Boston Co IIIIII.* 100 4.807 Eastern Gas 510 1,825 1,264 10,205 1,402 11,093 8,293 12,447 6,780 791 1,281 4,566 1,787 2,164 115 15 871 1,697 65 ""506 633 1,622 10,772 2,900 10,891 82,533 2,214 4,465 . 1,854 4,850 78,758 915 210 "2",665 7,984 1,135 tr ctfs l Co.'io H% Mass l/tll Associates v t Nat Service Co National Tunnel A Mines"* ^ cum COm preferred.. 4,735 Old Colony......... in Certificates of depositII 1,383 2,629 Old Dominion Co... 35 6,363 Pacific Mills I.I £00 38,986 Pennsylvania RR....I 50 18,127 Qulncy Mining Co "'"25 1,776 Keece Button Hole Mach"l6 733 Reece Folding Mach Co "10 Shawmut Assn T C 26,990 III. 54,787 Stone A Webster Inc cap'stk 2,132 Suburban Elec Secur com..* 162 2d iei<rr>f*... 314 Venezuela Holding Corp "l 300 Venezuelan-Mex OH Corp..10 854 Vermont A Mass Ry Co 2,285 100 6,618 Waldorf Systam Inc.......* » 13,523 Warren Bros 280 * No par value. 608 Warren (S.D.) A no * 79 Highest Lowest Sale Prices Sal* P'ices 73 74 Nov. 14 Nov. 4 com 76 Nov. 23 79 Nov. 16 Mar. 31 50 Apr. Apr. 55 45c Sale 42c Sale .147% 148% Sale 11^ 78 ft* Sale Sale 128 Sale 2 1% Sale -«.. ""3% Sale _ 50c 147% Nov. % Nov. 26% Nov. I1y* 80 Sale 7% Sale 2 • Sale 2% 86 14 Nov. 1% Nov. % Nov. 2% Nov. 1% 2 2% 2% 1% 1% 3 1% 3% Sale 1% mil 1 10 12 12 13 70 80 10 20 1% 2% 7 1% 8% % Sale 70c 3 Sale 50 49 V 26 V Sale 76 1% 23% 90c 20 25 75c 32% 32% 6 Sale 3% 3 2% 3% p 20 24 1 11% 15 14 19% 20 Sale 11% Sale 1 '§* iP Sale" 35% 10 2 9% 2% 17% 6% ""2% 15c Sale ""2% 3% 3% 59 Sale Sale Sale Sale 55c 1% 18 2i Sale 21 Nov. 23 15% Nov. 17 Sale 34 Nov. 14 Oct. 1 1 21 21 31% 15% Apr. 23% Apr. 1% July 18 1% 6% 8% 2% Sale Sale 1% 5% 7% 2% "60c" 15% 21% 15 Sale 2 "24% Sale 4 Sale 1% 3 16 i Sale 11c 25 Sale 3% 23 5% 35c 1% 6% Ex-dividend. § 18 4% Sent.13 11 Sept.14 1% Mar. 22 Nov. 10 Nov. 25 9 22 26c 61c 7 59 103 7 Nov. Nov. 59 4 1 June 1 37c 54 Nov. 22 Nov. 60 Nov. 1 2 Nov. 3 IH Nov. 3 Nov. 28c Nov. Nov. 15 21% 15 Sept. 21 10 Mar. 25 June 9 Nov. 5 Jan. 11 July 21 July 25 15c Feb. 5 2% Jan. 18 23 Feb. 23 109% July 25 Li Mar. 18 68 Feb. 2% Jan. 79c Jan. 21 12 10 60 Oct. 24 5 Jan. 5 27 3% Jan. 6 »c May 19% July 24% Nov. 4% Oct. 7 1 45 Sale 25c Sale 9% Mar. 30 1.3% May 3 17 12% Sept. 22 20 2% Feb. 12% Oct. 26 17% Oct. 31 Nov. 75c 1% 7% Nov. 29 1% Tune Jan. 60c Nov. 15 65c Nov. 10 32 Nov. 7 Nov. 7 32 Nov. 7 Jan. Jan. 25% Nov. 3 32 28 Nov. 9 17 Apr. 1 Oct. 25c Nov. 1 26 10% Nov. 22 12% Nov. 28 11c Nov. 16 20 Nov. 1 Nov. 15 12% Nov. 17% Nov. 1 1 8* 6% Nov. 4 2 21 % Nov. 17 3 % Nov. 18 5 24 11c Nov. 16 Nov. 17 15 Apr. 25 26 Feb. 18 Nov. 17 50 38% Mar. 29 Jan 3 85c 55c 85% 44% 1 % 1 % 7% Nov. Nov. Jan. Feb. Nov. Nov. 9 40c 6% Nov. 17 91c 19 10 17 7 17 85% Nov. 14 44% Nov. 12 7% Nov. 23 6 56^ 7% 4% 2 Mar. 22 Mav 31 5% Mar. 29 50c Auk. 3 70c 4 Jan. 2% Aug. 26 16% Nov. 12 24% Nov. 10 3% Nov. 10 60c 7 5 1% Nov. 30 Sept. 16 25* 6 12% Nov. 19% Nov. 2% Nov. 79% Nov. 3 41% Nov. 30 6% Nov. 1% Nov. % Nov. 25c June 27 4 1% Jan. Sept.12 13 Mir. 31 50c 26 Feb. 23 Jan. 27 6 7 55 Nov. Jan. 28 81 5 21 3% July 29 Nov. 1% Nov. 1% Nov. . 19 8 Mar. 3n Nov. 21 I 40c 81% Salt} 41% Sale 50c 7 15% Nov. 12 Jan. 18% 3% Oct. 5c "2% Nov." 65c 7% Sale 3% 3% 22 24% 2 7 Oct. 1% Feb. 23 14 11 Feb. 28 5% Aug. 11 40 Aug. 8 60c July 7 % Jan. 14 Tune pr. 16 15 Sale \y% 10% 13% Sale Sale 50c 75c 17 a 25c 1% Sale Sale 90c 4 60 55 Ay* 20 166" 107"" Sale Sale Sale Sale 27 98% Nov. 42c 5c Jan. Nov. 23 Nov. 14 7% Jan. 6 9 10 Nov. 23 Nov. 3 2 7 102% Sale "55" * 1#& June Nov. 17 16 4 Nov. 7 59 7 Mar. 31 Sept. 29 20c 7 5% Nov. 30 Nov. Nov. 25c 19 80c 3 16 3% Nov. 2 26% 42 23 13 26% Sale Nov. 29 Nov. 2% Nov. 10c 26 90c 11 '¥ J* 20% 81% Sale Feb. 19' 20c 25:, 26% Sale 35c 20 3 % Nov." 18 % Nov. 28 34 10c Sale 2 Sale 1 Nov. vlity 16 6% June 13 30 Sept. Nov. 30 Sale Sale 3 4 % "" 5 2% 15% 30c 13 \* Sale 1% Nov. 21 6% Nov. 30 9% Nov. 1 Nov. 15 Nov. 30 Sale 5 4 71% Sale 38% Sale Nov. 21 Nov. 10 Nov. 28 Nov. 3 15 15 35 20 5c n Nov. 23 Nov. 28 50 7% 3% 19% Nov. 1 31% Nov. 28 20 "IH 60c 32 51 ,r Nov. 22 12% Nov. 30 3% Nov. 25 3% Jan. 22 «ent. 2? 75c \rA 2% Apr. 47 Feb. 7 5 Sale 3% Nov. 10 3 30% Jan. 21 1% Feb. 14 12 10c 17 15% 99% Sale f V 10 24 May 14 13 15 15 3% 2% 10 "nr. 1% Oct. Feb. Jan. 52 Nov. 14 20c 15 Nov. 21 3 V / 15% Nov. 17 Sale 20% Sale 2% 2% 19 23% 1 % Nov. 25 Nov. 22 47 70c 3 Sept 27 9% Sept. 2> % July IE 13% Apr. 1£ 17 1 May 31 7% Jan. 11 15 25c 30c 9 June 73 Nov. 14 20 "2% 1% Nov. 10% Oct. 75c 21 Nov. 30 10 Jan. 6 1 % June 23 Nov. 22 1% 19 3 % Nov. 25 40c 60 15 3 25c "4% Sale" 20c 25 21 21 75 20 Oct. Feb. July Feb. Nov. Nov. 13% Nov. 4% May 21 Nov. 22 2% Nov. 17 27% Nov. 9 Nov. 3 3 5% 3% 1% 1 % 5% Mar. 30 Sept. 10 65* 6% Nov. 10 20c 2 35c A* July 12% Nov. 30 55c 50c 4% July 3% July 20 4 July 14% Nov. 30 Nov. 23 9% Nov. 9 % Nov. 3 4 3% 29% 1% Nov. 21 1 % Nov. 27c "24" 13% Nov. 10 18 8 50c 4 25c 7 22 Nov. 29 4 "58"" 1 10% Nov. 29 % Nov. 2 32% Nov. 2 27c "X% ll'K 42c Sale 91c 4 Sale Nov."21 Nov. 21 Nov. 29 Nov. 22 1 % Nov. 28 Nov. 30 19 25 2 25 ~ 3 % July 15 Sale JVa 5% 16% 1% 5 4% July Mar. 16 15 Sale 10 9% 1% Sale Sale Nov. Nov. Nov. Nov. Nov. Nov. 22 Sept.28 .. 21 21 16 30 23 30 3 20c 30 "99% Sale" 10 1% 12% 14% 1 % 8% % 27 25c Sale 3% 12%c 1% 2 % I % Nov. 45c 50c 22 24 14 i ~ 29 l7A 3% 3 % Nov. Nov. 22 26 Feb. 25 17 ~T% 6 1% 1% Oct. July Jan. 1% Sept.26 1 Sept. 28 1% Sept.14 nr. \V 1% Nov. 22 1% May 1% Nov. 21 1% Nov. 21 8% Apr. 5 7c 1% 9 1 14 29 10 13 5 20 5c 20 28c 45c 18 1 12 Jan. July May Jan. Jan. 14 32 P 2 19 47 3 9 5 25c 1% 1 9 Nov. 28 * 1% 1% 1% 1% 13 12% 14% Sale 2 1% 8% Sale % 1 5 15 m }'A 60 5 Nov. 21 Nov. 16 16 Mar. 31 108% Apr. 134 47% Oct. 58% 13% Mar. 31 20% li/ May 13 2% % Nov. 25 75c 2% Mar. 26 Feb. 25 2 2% 2 2 2% 13 Feb. 2 1% Nov. 10 2% Nov. 4 1 % Nov. 10 Nov. 25 80c Apr. Mar. 29 108 Nov. 10 Nov. 4 1 % Nov. 21 1% Nov. 15 1% Nov. 14 Sale 1 20c c,VA Sale 13 2 1% 1 Nov. 23 Nov. 16 July May 27 110% Mar 30 149% Nov. 14 % June 1% Apr. 18 17 June 29% Nov. 9 02 Sept.30 94 Jan. 6 Nov. 25 Nov. 30 7% Nov. 2% Nov. 1% Nov. 21 1 65c 25c 27% 2% Sale Sale 4% Sale 35c 2 5% Sale Nov. 28 Highest 79 1 1 Mar. 23 1 11 Nov. 10 Nov. 26 Nov. 16 128% 54% 18% 1% % 3% Nov. 5 32c Nov. 9 Nov. 16 Nov. 49 _ 7 Nov. 77 74 2% Nov. 2 Nov. 16 13% Nov. 23 149% Nov. 14 1 1% Nov. 124% Nov. 52% Sale 16% Sale 1% Sale Sale 15 "24" 75% Sale" Sale 126% 49% M'k 80 Nov. 1 % Nov. Nov. 13 1 Sale Prices 49 87 J* ll* A'A 13* 2% 35 ""200 ""559 19 100 N H A Hartford..._ Hi North Butte.. "3 no 4,990 828 Sale 48% Sale 100 21,421 T rrington Co (The; -IIIII. 1,880 Union Copper Ld A Min Co 25 2,987 Union Twist Drill......... 5 38,407 United Shoe Mach Corp___52 Preferred 4,069 35 70,713 Utah Metal A Tunnel. ..1 4,013 370 121 cl__* 79 Northern RR (N H) ...11.1*00 15 1,421 1,200 94 "13% ~18~ 5 I** "i00 22 8,874 N Y 22 1,300 "% Col Copper 25 Mergentna er Linotype • Narragansett Rac'g Assn Incl 6% Lowest 78 92% Sale * « Mayflower-Old 156 425 77 1937 $44,200 370,560 RANGE SINCE JAN. Sale Prices Ask Sale 85 100 425 N E Gas A El Assn pref * 27,675 New England Tel A Tel.IIlOO 50 5,498 Adjustment..... Preferred 55 220 75c 80c 1% 2 12% 19% 143% Sale ^IljO 75 Infl Button Hole Mach 158 847 B 19,682 Isle Royal Copper 15 524 Loew s Theatres (Boston)..25 2,054 Maine Central..... 100 35 516 First preferred Preferred 100 " 100 Ry Co... 4,615 3,135 Helvetia Oil Co ""748 5 East Mass St 100 Class B 525 195 45c 55c com Class A pref 2,278 "I~20 " * 3,662 Gilchrist Co 13,392 Gillette Safety Razor Colli * 1,915 Hathaway Bakeries cl A ♦ Preferred 633 *♦ 5 2,603 75 35 436 Economy Grocery Stores * 15,644 Employers* Group Assoc T C* 2,918 General Capital Corp • 15 Georgian Inc (The)... * 59 ""375 A Fuel Assn % Cum Prior pref 6% Cum preferred.. 12,199 Eutsrn SS Lines* Inc... Preferred 571 1,635 1,510 4,530 72 76 86 72% Prior pref IIIlOO Class A 1st pref stamped 100 1st preferred class A 100 Class B 1st pref stamped 100 1st preferred class B 100 Class C 1st pref stampedlOO 1st pref class C 100 Class D 1st pref 885 Brown A Durrel Co common 18,286 Calumet A Hecla 2* 967 Cliff Mining Co__.._.._I__25 55 Conn & Pas Riv pref.. 100 1,702 "1,423 62% 80 Nov. 30 4s* Bid 100 stampedlOO 1st pref class D 100 Class E Is- pref std 100 lot pref clasS E 100 Boston Personal 10,523 Prop Tr..__* 443 Boston & Providence 100 . 60 78 171 10 8 *7" 10 ■ Bid ..100 Preferred V;< Ask 395 Boston A Maine pref atpd.lov Common 123 (unstamped)..100 Common stamped.. 112 303 NOVEMBER Par 3,924 Am«r Pneumatic Service....* 6% non-cum preferred...50 4,389 Flrat preferred 1,046 ......50 141,596 Amer Telep A Teletf ..100 2,258 Assoc Gas & El Co class A..1 851 Bigelow-Saaford Carp com..* 902 6% cum pref .......100 15,912 Boston A Albany 100 24,804 Boston Edison Co_....„.Ii00 15,081 Boston Elevated 100 11,029 Boston Herald Traveler Corp* 773 76 Nov. 1 Bid 102,000 Emit Man• StRR aerA «%» 1948 Serlea B 5a... 54,000 1948 Serlea D 6a 11,550 1948 465 IN 166,550 Price S 5,000 1,750 $6,750 Jan. 3 ~ r 1938 Jan. 1 to Nov. 30 BOSTON UTOCK EXCHANGE In Bond Sales November 470,064 6,058,391 7% Nov. 17 4% Nov. 14 23 Nov. 15 Mar. 30 Seat. 14 Oct. Tune 27 9 103 5*/ Mar. 30 1% Mar. 31 10 ^eot. 1 14 12 10 3 23 Jan. 7 8% Jan. 4% July 26 July 15 19 6 RANGE OF PRICES ON PITTSBURGH STOCK November. Shares_ Jan. 1 to Nov. 30 AGGREGATE 1,228,640 In BONDS 1,438 11,727 23,660 3,308 89,388 15,542 33,229 1,957 322 5,973 395 1.672 ......* Armstrong Cork Co Co Blew-Knox Sale ......... 32 H 12 Sale Sale 15* Sale 35* 4 8$* Sale 1 ""116 6,315 Devonian Oil —.10 26,211 Duquesne Brewing.........5 865 Electric Products.... * 4,848 Pollansbee Bros pref 100 35,440 Fort Pitt Brewing-. ...—1 806 Harb-Walker Refrac com...* 225 Home (Jos) common 100 10 10 Sale 475* 185* Sale Sale '"270 6",279 80c 6 85* 7,411 7 19 555 44,210 Phoenix Oil com.........25c 5,500 Preferred 1 3,786 Pittsburg Brewing —...—* 3,486 Preferred... * 560 Pittsburgh Coal Co com..100 100 Preferred 100 3,196 1,171 7,633 21,961 3,218 14 300 1.734 260 37 15 328 125* Sale 75* Sale Sale 195* Sale 8 70c 1,918 20 "no 850 3",327 848 ' 65c 65* 1 Pittsburgh Oil Ac Gau .....5 Pittsburgh Plate Gless....25 Sale Sale 75* Sale "475* Nov." 1 16 Nov. 28 115* Nov. 30 60c Nov. 16 7 Nov. 28 65* Nov. 22 25c Nov. 1 Nov .14 195* Nov. 14 155* Nov. 10 53 Nov. 75* Nov. 85* Nov. 1 185* 18 11 12 105* Nov. 19 11 115* 25c 10 75c 25 5* "Nov ."28 Nov. 29 18 Nov. 29 135* 75c 17 14 Sale 14 85c 90c Sale 85c Nov. Nov. 3 3 1005* Sale 75* Sale 815* 10 55* 25* 205* ♦ No par value. x Ex-dividend. Oct. Mar. 295* Nov. 12 Sept. 8 15 110 6 Jan. 8 65* Jan. 6 4 Mar. 30 Nov. 14 Mar. 29 53 Mar. 30 195* July 25 155* Nov. 10 8 15* Jan. Mar. 36 Mar. 30 July 21 Oct. 17 M Aug. 29 15 90c Nov. 4 Nov. 19 Aug. 29 25c 25* Jan. 305* Aug. 5 f June 14 i Sept. 28 Apr. 16 lu 25 25 Nov. 9 107 Nov. 22 25 Nov. 9 Nov. 22 Jan. 29 6 X Apr. 23 Mar. 26 5 Feb. 15 70c Nav. 107 25 85 Sale 69 95* Sale 95* Sale 3 ::::: 105* Nov. 3 1 Nov. 10 Nov. 30 95* Nov. 29 Nov. 30 5 Sale 5 Sale 25* Nov. 30 25* 4 84 50c Sale 24 205* Nov. 69 50c Jan. Nov. 23 Nov. 21 55* Nov. 15 35* Nov. 12 24 Nov. 21 J* 20 Oct. Feb. 14 Jan. 95* Mar. 20 9 107 40 11 4 65* Mar. 31 50c Nov. 30 275* Mar. 30 1 45* Apr. 15* Mar. 28 1 May 18 Nov. 21 24 Oct. 4 8 7 1 18 2 22 95c July 20 325* July 28 125* Apr. 28 Nov. Feb. 735* Jan. Nov. 30 105 69 4 Jan. 9 3 24 15 105* July 26 Feb. 18 4 \* Oct. 25 65* Jan. 12 35* Nov. 12 Mar. 9 Jan. 8 3 205* Sale 22H 25* 26 2c May 25* 29 2 .... 15* 23* 29 25* 85* Sale 11 15* 65* 70c 10 9 90c 215* Sale 65c 85c 35* 25* Nov. 16 Nov. 9 6 Nov. 15 26 25* Nov. 16 275* Nov. 28 65* Nov. 16 7 15* Nov. 7 15* Nov Nov. 10 1075* Nov. 26 113 3 95* Nov. 14 85* Nov 9 Nov. 10 9 Nov. 10 45 Nov. 25 45 Nov, 25 21 Nov, 5 lc 2c lc 25* 25* 100 ♦ 7 2c 6i* 225* Nov. 12 70c Nov. 3 35* Nov. 23 lc 2c 25* Sale 65c Nov. 18 lc Nov. 18 25* Nov. 12 1005* Sale Sale Jan. 12 3 Mar. 30 30 July 18 195* 55* 245* 45* Apr. 2 Mar. 25 22 56 ^pr. 2 45* May 27 1 6 July Mar. 30 9 40 Aug. 155* Mar. 3( Nov. 3 2 Jan. 6 Sept. 23 lc Jan. ai* Oct. 70c Sale 355* Sale 1 325* Nov. 28 50c Nov. 16 385* Nov. 1 50c Nov. 16 Apr. 14 27 50c 46c 45c 285* 1165* Sale Sale Sale Nov. 16 Apr. 2 Oct. 25 Jan. 3 Oct. 17 Nov. 14 11 Oct. 45 Nov. 25 24 255* July 25 Jan. 10 29 I* Oct. 20 June 30 Jan. 12 Mar. 16 145* Jan. 3c 1 4 10 70 75* June 25 Sept. 28 Mar. 31 Oct. 50c Aug. 25 Sept.26 Sept. 26 Sept. 6 Jan. 5 14 14 Oct. 1 65c Sale 29 45c 265* 65* 245* 115* 15* 1145* 95* 22 25 40c Nov. 30 Nov. 17 27 50c Nov. 16 Nov. 2 Nov. 9 265* Nov.. 2 33 1115* Nov. 28 1245* Nov. 12 25 35c 15* Nov. 19 2 Nov. 9 24 1* Oct. 7 15 25* June 30 45 Jan. 65c Feb. 25* June 36 Nov. 9 33 155* Mar. 31 625* Mar. 31 1245* Nov. 12 Apr 27 112 3 15* June 18 108 Sale Mar. 18 Mar. 25 385* 112 25* Jan. 3 50 4 24 10 7c 5 25 60c lc 25* Nov. 10 52 5 Sale 75* 9 305* Sale 15* Sale Jan. 1 Mar. 31 9 3 Nov. 35* Nov. 23 70c "16" "~5~" "16" 25* 5c Feb. 2 3c 25* 15* Sale 86J* Sale 13 5c lc 6% preferred... .. Feb. 155* Mar. 30 115* Jan. 22 90c 75* 2,015 Lone Star Gas 14% pref. 100 1 6,822 Pennroad Corp 11 c 25c 115* Nov. 22 UNLISTED. 1,027 5h 3 5 7 * 50 Mar. 31 50c May 23 Jan. 5 9 Nov. 25* 45* 245* 105* 65* 505* Apr. Pittsburgh Steel Foundry..* Preferred 100 37,251 Westinghouse Air Brake 12,582 Westghouse El Ac Mfg 115* 1 80c 9 7 18 107 Pitts Screw 5t Bolt Corp.... • 2,890 Vanadium Alloy Steel......* 1 21,584 Victor Brewing Co....... 50 Waverly Oil Works A ...* Mar. 10 111 xl05 25c Pittsburgh Forftlnfta 100 1.519 6% Preferred .....10 1,654 Standard Steel Spring.. * 8,836 United Engine Ac Fdy.......5 ....1 3,552 United States Glass 538 Voting trust certificates..1 761 51 51 20 ..... 8",300 295* Nov. 12 "35* Nov." 10 17 10 3,581 Plymouth Oil Co...........5 .......1 10,800 Renner Co 3,255 Reymer Ac Bros common....* 353 Ruud Mfg.................5 47,700 San Toy Mining...—....... 1 1 32,592 8hamrock OH A Gas 100 75 1 215* Nov. 7 * Nat Flreprooflng Corp com.5 411 Penn Federal Corp common.* 90 45*% Preferred 50 190 Sale 255* Nov . 28 37,102 100 Highest Sale Prices Oct. 25c 13,925 McKJnney Manufacturing..* 3.596 Mesta Machine... 48,959 Mountain Fuel Supply 10 - 24 '11% Sale" 136 Jeannette Glass preferredlOO 252 Jones Ac Laughlln St'l pref 100 8,352 Koppers Gas Ac Coke pref. 100 63,525 Lone Star Gas ...* "... Lowest Sale Prices 1085* 100 Preferred 10 4,076 1,225 Highest Sale Prices .._.* Preferred 441 Copperweld Steel 10 377 Crandall McK Ac Hend.. ....* 8,165 22 H 108 Clark (D L) Candy • Columbia Gas Ac Electric...* 1,770 ""415 Lowest 25* Nov . 23 17 H * Byers (A M) Carnegie Metals 1 Sale Prices 107 10 Preferred """20 931 Ask 108%, 250 Consolidated Ice common..* 100 Ask Bid 1949 11,521 Allegheny Ludlum Steel.— .* 353 Preferred...... .....100 2,164 Arkansas Nat Gat Corp • "2,768 Bid STOCKS Shares ""350 Ask Bid S 2,578 RANGE SINCE JAN. NOVEMBER Nov. 30 Nov. 1 1938 14,000 Pittsburgh Brewing 6s $24,000 Price Since Jan. 1 Shares IN — $14,000 ------ Jan. 3 November $ — - Jan. 1 to Nov. 30_- PRICES PITTSBURGH STOCK BXCHANGE SALES 1937 1938 November- 184,331 2,300,861 104,267 EXCHANGE Bond Sales 1937 1938 Stock Sales Jan. Jan. 1 10 RANGE OF PRICES ON DETROIT STOCK EXCHANGE Stock Sales 1938 November 1937 304,997 333,4111 Jan. Shares. AGGREGATE SALES DETROIT Since Jan. 1 Shares Shares 2,400 1,200 10,646 "l",646 7,735 3,160 • 3,151 4,155 5,538 420 1,317 1,700 150 Par Bid 26,651 Allen Elec A Equipment 1 36,798 Auto City Brewing common.* 96,597 Baldwin Rubber common...1 Nov. 1 Ask 20 34% 1 % 18% 16 1% 2% Consumers Steel Prod 1 com i 20,278 685 Federal Screw Works 27", 081 2,882 570 2,780 110 265 4,280 2,045 1,019 2,700 9,233 155 13,738 4,486 830 2,640 2,895 1,042 1,021 1,973 2,605 1,350 855 8,696 100 30 2,955 787,149 100 1,200 350 2,640 580 25 X Nov. 25 28 Nov. 28 28 Nov. 12 36 Nov. 9 1% Nov. 28 18% Nov. 3 2% Nov. 22 2 Nov. 9 1954 Nov. 10 3% Nov. 12 Sale Sale 3 Gar Wood Industries 12X 14% 1 % Sale IX 2 Sale 3X * . 8,495 Grand Valley Brew 12,523 Hell Lamp 9% Nov. 9 he 9% 8 Sale 2% % Jan. Sept. 20 4% Mar. 31 28 Aug. 12% Mar. 31 13% Mar. 31 1 May 18 15% June 1% June 7% June 29 ----- IK 1,501 48,429 2,393 179,605 18,532 5,770 15,656 3,371 14,580 39,592 79,728 15,670 14,925 148,422 common Mahon (R CO class A pref Masco Screw Products....._1 McAleer Mfg Co com.. Preferred ..IlO Micromatlc Hone Corp 1 Mid-West Abrasive com...50c Moore (Tom) Distillery Co..l Motor Products Corp Motor Wheel com Murray Corp 34% 124;321 Packard Motor Co 52,495 Parke Davis A Co 10,216 22,516 103,666 37,073 14,346 26,823 28,063 26,779 6,293 ..10 common Muskegon Piston Rg com 2.50 com.... 3% 3 »*eo Motor com. ..5 Rickel (H W) A Co common.2 River Raisin Paper com... Scottan Dillon com.. .10 146,478 Standard Tube Co class B...1 2,705 Stearns (Frederick) com....* 853 5% cum part 10% § 7 K 9% 12 16% 15 a10,* ... 2% 18 Preferred 10 Tivoll Brewing Co common.1 10,000 Union Investment Co com..* United Shirt Distributors..* 425 United Specialties common. 1 200 U S Radiator com..... ..1 16,351 8,456 Universal Cooler class A....* Class B 45,748 .* 4,748 Universal Products com...I* For footnotes see page 61. .. - 75c 14 5% 9 Nov. 23 1% Nov. 2 1 Nov. 29 3% Nov. 28 5 15X Nov. 5 85c Nov. Nov. 19 7 Nov. 19 114% Nov. 10 2 Nov. 9 Nov. 16 Nov. 22 2% Nov. 9 2X Nov. Nov. 29 Nov. 1 14 1 Nov. 9 19% Nov. 19 13 X Nov. 22 4% Nov. 25 21 Mar. 5 5% Sept. 28 36 Mar. 31 12% Aug. 26 70c May 27 1 May 5 2% May 25 Nov. 11% Mar. 75c 1% Mar. 1% May 1% June 10 May 15% Mar. 12 Apr. 2% Mar. 2 7 10 15% 19% £Sal! 7X 2% 7% 11% 16% 9 75c 60c Sale 20% Sale 2% Sale 20% 29c 90c 8% 57c 11% 12% 15 %. Sale 7 8 62c 65c 9% Sale 2% V 2% 25 1% 1% Sale Sale 9 60c 50c 54c "9% -i::: 5 9% 5% — 4% 32 14% 9% Sale 2 Sale 4% ..... 2 3X "3% 3 M Sale 2% Sale 16 24 12 5% Sale 41% Sale .i.—. 21 9% 9% 2% 2% 8 8% IX Sale 2% 3% 3% 3% 2% Sale 25% 26% 3% Sale 16 97 10 ..... 109 "3 3 % 4% 4% iil 7%, Sale 25 ,17% 31c 4% 4 5 17% Nov. 9% Nov. 62c 80c 2% Nov. 28 June 70c Nov. 2% Nov. 65c Nov. 25 1% Nov. Nov. 14 1% Nov. 9 1% Nov. Nov. 28 8% Nov. 50c 4 Nov. 25 3% Nov. 28 2% Nov. 22 1% Nov. 28 45c 18 Nov. 30 Nov. 28 13% Nov. 1 ,8% Sale 10% 13 12% Nov. 4% Sale 41% 42 15% 21k 4% Nov. 29 40% Nov. 28 19% Nov. 18 8% 2% IX 2% 3 10k Sale 8k 2k 3 3k 2l" # 2% 16% 30c Sale 20k 8 9 9 2% 7% 1% 2% 3% Nov. 19 Nov. 23 2% 25% 2% 16% Nov. Nov. Nov. Nov. Nov. Nov. Nov. 1 19 15 1 22 14 29 Nov. Nov. Nov. 3 7 7 4 3% Nov. 28 2% Nov. 22 2% Nov. 9 3 3 % 3% 4% 4% Sale .... lX Mar. 17 80c 25c 60c 5 32c Mar. June Mar. Mar. 26 13 30 26 7 30 31 19 10 26 31 Sept. 10 May 31 Sept. 14 3% Mar. 29 2% Mar. 25 87c June June Mar. June Mar. 8' Oct. 27 Sept. 30 June 30 4% 53% 3% 1% 70c Jan. 11 Nov. 9 Jan. 11 Jan. 10 85c Oct. 27 3% Jan. 10 % Jan. 10 22% Nov. 9 3% Nov. 14 25 Nov. 1% Jan. 1% Jan. 55c Apr. 1% Jan. 10% Nov. % Jan. 1% Jan. 6 22% July 25 9 8 9% Nov. 12% Nov. 9 4 9 6% June 9 3% Mar. 31% Mar. JX 42 14% 6% 1% 4% 1% 1% 2% 21% J2 3% 8% 2% 3% 9 Nov ta 10 Nov. 10 Nov. 16 9 3% Nov. 3% 3% 26% 3% 16% Nov. 16 100 Nov. Nov. 7 Nov. 2 Nov. 9 2 2 Apr. May Mar. May Mar. Mar. Mar. Jan. Nov. 29 22 1% Apr. 15% June Nov. 16 90 Jan 7 2 7 Nov. Nov. 17 11 13 31 17 June 10 18 Feb. 21 4% Feb. 26 2% Oct. 26 11 4 14 5 40c 2 3 17% Aug. 1 Nov. 16 33% Oct. 19 17% Oct. 19 10 July 29 1 Nov; Feb. 3% July 25 7% June 15 12% Jan. 13 Nov. 5% Nov. 19 13 Nov. 42 21 July 31 59c 20 Nov. 18 100 16% Sale 109% Nov. 28 w* 60c Nov. Mar. Oct. Mar. Sept. Mar. Mar. Mar. 5% 30 37c Apr., 4 1 % Mar. 29 40c Mar. 31 15% Mar. 30 60c Nov. 28 7 June 13 Oct. 11 6% 14% 22% 6 22 11 17 29 10% July 25 12% Nov. 9 2 4 Nov. Oct. 9 27 Oct. 14 Oct. 24 Jan. 20 Jan. 11 July July Oct. 13 5 24 Jan. 12 4% Jan. Feb. 10 8 4% July 27 27 22 Jan. 14 100 July 16 16% Nov. 29 19% Nov. 12 Mar. Mar. 107 Nov. 2l Nov. 18 Nov. 25 3% Nov .""I 4 Nov, 18 4% Nov. 9 June 4 Mar. Sept. Apr. Sept. 6 Jan. 5 5 Jan. 11 4 June 3 4 4 4 Sale 2 2 _____ Sale 3% 3% 1% Nov. 23% 86c 27c 77c 8 45c 2 4% Mar. 29 Apr. 29 11% May 14 2% Nov. 14% Nov. 28 7% Nov. 29 Nov. 19 19 11 20 Jan. 10 Aug. 5 Oct. 24 Oct. 19 Nov. 9 12% Nov. 16 38c 11% Nov. 29 15% Nov. 50c 8 Nov. 10 Jan. Mar. 25% Mar. 31 2% Sept. 26 22% Nov. 3% Nov, 14 ..... 110 X Sale 5% J* 1 Nov. 14 Nov. Nov. 10 Nov. 10% Nov. 14 15% Nov. Nov. 29 5 Jan. July 30 x3% 53% 2% 1% 20% Nov. 28 2% Nov. Sale 13% Sale 9% 9 20% Sale 3% 3% 43% 3 3% *2% IX 1% a Sale 45c 51c 20 IX Nov. 2% Nov. 15 2% Sale 4 2% ~~3% 1% Sale 1% Sale Nov. 28 Nov, July 23 6 5% Mar. 7 14% Sale 16% 34c 2% 17 27 3 16 23 37c Nov. 29 2 4% Jan. 15% Jan. 14% Oct. 28 5% Aug. 9 4% Jan. 10 6% Nov. 28 2% Nov. 10 Nov. 9 Feb. 2 June 24 21 14 4 8 88% 15% 1% Mar. 31 2% Nov. 22 1% Nov. 29 _ Mar. "I%~Nov.'l8 3% Nov. . 3 2% Mar. 3 Apr. 12% Nov. 16 46% Nov. 28 26 Oct. 9 "l%~Nov.'"3 3% 48X Sale 2% Sale IX Sale Aug. 25 6 11% Nov. 25 3 27 July 26 July 19 Oct. 7 22% Aug. 26 15% 1% 114% 2% Nov. Mar. 77 15 Oct. 9 "III Sale" 33c Sale 38c 1% 6 3% 49% Mar. 28 Jan. Nov. 12 14% Nov. 10 5% Nov. 11% Sale 8 "l% Sale" 85c 100 96,147 ,3% Sale % Sale 2% Sale X % pref..i... 100 Axle com... 15 „ Sale 13 % 26 32 15 49% .... . 28,858 rtmken 4 1% Sale 7% 26 Sale 3a 2% 4% Peninsular Metal Products. 1 Pfeiffer Brewing Co com * Prudential Investing Corp.) 88% Nov. 6% Sale 1% 12% 8 29% Sale 30 Parker Rust Proof com.. 2.50 Parker Wolverine Co com...* Nov. 10 4 Nov. 21 Nov. " 1% Nov. 1% Nov. 3X Nov. 28 A* Sale 20 .. 7% Sale 18 com.. ..... 1% 5 X Sale 13 McClanahan Oil Co com..__l McClanahan Refineries.....1 Mich Steel Tube Prod 2.50 Michigan Sugar com.... • 8 Nov. 15% Nov. 18 19% 13% Sale 4% 5% 1*6 26% ..... 9,325 Lakey Fdy A Mach 7% 80% 14% Sale 79c Sale 11 . 963 Houdailie-Hershey class A. 99,485 Class B 70,134 Hudson Motor Car... ...» 85.356 Hurd Lock A Mfg Co com..l 78,397 Kingston Products Corp... 25,842 Klnsel Drug Co com.... 1 45,539 Kreage (8 8) Co com 10 2 3 16 % 1% Nov. 9 % Jan. 15 33c 4% .....* 378 Home Dairy class A ....* 12,805 Hoover Steel Ball com 10 7,418 Honkins Mfg Co common.2.50 12x8 IX 4 common. 1 com Sale 112 114% 112% Sale 1 % Sale IX Sale 1X 2 2 2% 2% Sale 2 2% 2% 2% Sale 13 Sale 14% 15% 13 3 com Class B Sale 83 * com 21,697 General Finance Corp. com. 1 225,491 General Motors com 10 89,375 Goebel Brewing Co com .1 77.355 Graham-Paige Motor com 1 319 "5",200 9 Nov. 10 Sale 14% 62,180 Frankenmuth Brewing com.l 11,435 Fruehauf Trailer Co com...l 960 4,130 303 13 18% 1% Nov. 40c Nov. 10 7% Nov. 30 2% Sale 80c (federal Mogul common.....* Motor Truck com...* 470 358 Sale Sale 20% 40c Sale 110 9,489 Federal 1,207 Gemmer Mfg Co class A.....* 766 23 Sale 3 1% Nov. 29 40c 7% Highest Salt Prices 13 4,895 Eaton Mfg Co common......4 2,240 Eureka Vacuum Cleaner....* 35,508 Ex-Cell-O Corporation......3 1,245 8J33 4,968 5,820 3,640 1,500 5,086 2,350 38c Sale 1 Continental Motors 48 % 14 995 Delsel Wemmer Glib com..10 33,291 Detroit A Clerel Nay com.. 10 7,265 Detroit Edison corn-.....100 29,990 Detroit Gray Iron Fdy.....l 74,926 Detroit Mich Stoye common. 1 62,430 Detroit Paper Products. 1 6,401 Detroit Steel Corp com.....5 T, 920 " 40c 8M Lowest Sale Pr\c*s 11 950 Detroit Steel Products.....* "l",247 IX Sale Sale Highest Sale Prices * Strip Co common ......5 Chrysler Corp common.....5 Consolidated Paper com 10 Crowley, Milner A Co com..* 688 Cunningham Drug Sts._2.50 3,525 1,770 572 1 Lowest Chamberlln Metal Weather 4,970 5,480 4,550 790 400 25 1 Casco Products Corp 1,365 149,048 16,378 16,949 5,611 1,027 395 4,080 3,723 8% * Burroughs Adding Mach___» Burry Biscuit Corp „_„.12%c 500 Capital City Products * 9,002 1,552 17,544 RANGE SINCE JAN. Sale Prices Ask 27 X 36c 7 Nov. 30 Ask Bid 1% Sale 5 Bower Roller Bearing......5 Brlgga Mfg Co common Brown-McLaren Mfg Co Bid % Sale m 676 Bohn Aluminum & Brass 120 3.212 NOVEMBER 4,651,040 Price 1938 ' 1,125 565 IN 1937 Shares. 3,730,037 Jan. 3 STOCKS 12,328 104,977 36,426 35,344 69,504 1 to Nov. 30 PRICES STOCK EXCHANGE November Stock Sales1938 I RH Feb. 3% Nov. 18 1% Nov. 26 18 Nov. 9 Nov. 1% Nov. 19 3 1 Nov. 10 Sept. Apr. 19% Nov. 12 5% 4% 5% 3% 19 Jan. Sept. 20 1 8 Aug. 1 Jan. 1 Jan. 12 Nov. 10 Price Jan. 3 STOCK EXCHANGE In Since November Jan. 1 STOCKS 690 1,500 """765 Ask Ask Bid 24K 24 K 25 3K 3K 3K Sale 75c 85c 75c 80c 2K Sale IK 2K 15c 27c 16c 27c 7K m 8 9K 74K 100 80 100 Bid Sale 2K o* 2 4* Sale """K mmmwtm 82 K 12 766 726 789 652 vV 4,732 2.177 1,527 ; , 40,606 5,546 64,821 2,984 9,007 12,117 716 1.746 • No par 46 a S"a"le" 19 K 8% Sale 17 K Sale Sale 14 K Sale 13 K Sale * 12 K Nov. 18 6K r Sold for Deferred delivery sale*. cash. * 6K Nov. 29 Sale AGGREGATE SALES In PRICES BONDS 2,000 IN 10 25 10 31 11 12 1937 1938 $75,000 779,600 $141,000 836,700 — — RANGE SINCE JAN. NOVEMBER 1 Bid 569,700 Elec Ac People* tr ctfa 4i.H45 1948 3,000 Lehigh Valley 4s 4Ks 2003 5,000 -—1965 1,000 Pennsylvania 4K» 1943 18,000 Peoples Pass tr ctfa 4a 6 Ask 8 Bid 6 Lowest Highest Lowest Highest Sale Prices Sale Prices Sale Prices Sale Prices Nov. 30 Nov. 1 1938 S f 12K Jan. 16 K July Nov. 14 K Oct. 16 K Jan. 9K Jan. 21 K 17 1 Price Since 139.000 Oct. 51 21K Nov. EXCHANGE Jan. 3 Jan. 1 10 K July 40 K Nov. 6K Apr. 1 UK Sept. 24 10 Mar. 29 8H May 26 10 K Mar. 29 6K Mar. 30 9 12 10 16 12 9 ---------- Jan. 1 to Nov. 30 PHILADELPHIA STOCK EXCHANGE November November 231,960 a4,340,991 Shares. 343,764 Jan. 1 to Nov. 30.-—-----2,924,513 27 21 9 2K Oct. 6 2K Oct. Mar. 26 May 25 1 8 25 K May 16 K June 15 26 K May 27 13 K May 28 Bond Sales 1937 r:1938 Stock Sales „ 2 21 fi RECORD PHILADELPHIA STOCK RANGE OF PRICES ON THE 24 9 Ex-dividend. MONTHLY AND YEARLY November 28 28 Oct. 80 K Apr. 23 K Oct. 19 Oct. 15 Nov. 14 8 150 18 K Nov. 9 15K June 17 18K May 26 36 K Oct. 19 4 9 9 2% Nov. 25 48 K Nov. 9 21 K Nov. 1 10 H Nov. 14 K Nov. 21H Nov. 14K, Nov. 14 K Nov. 7K Nov. 17 K Nov. 13 K Nov. 18K Sale 18 14 6 9K Mar. 30 40 K Nov. 8K Nov. 28 12% Nov. 23 Sale oaie 20 K Sale L IK Jan. 3K Jan. K Jan. 126 K Apr. 2 Nov. 9K NOV. Nov. 26 36" Nov. 28 2 Nov. 18 42 K Nov. 21 19 K Nov. 5 Sale 43 to°A 10 K Sale Sale 10 Socony-Vacuum Corp.....25 Standard Brands Inc.._....* value. K 21 K Sale 100 N Y Central RR 9 9 Nov. 16 2 IK Sale Nash-Kelvlnator Corp ...5 National Dairy Products...* Purity Bakeries Corp— 18 K Nov. 35K Nov. 16K NOV. 25 Nov. 29 30 K 8K Sale 38,086 Hupp Motor Car Corp—...1 10,760 Kennecott Copper Corp....* * 7,054 Kroger Groc & Bak Co 3,120 1,030 6,715 190 12 14 Nov. 25 Oct. 28 4 53c 9 Nov. 17 IK Sale IK Sale Commonw 8c Southern Corp * 8,215 Consolidated OH Co........* * 4,371 General Foods Corp 23 K Nov. 30K Sale Sale 32 1 18 K Nov. 16 K Nov. 22 Nov. 146 K Nov. 19 150 Sale 148 147 K Sale 17 K gale 22,892 1,950 2K Nov. 12 18c Nov. 7 4 25 Jan. 13 IK Apr. 8 Sept. 27 IK June 6 K Oct. 7 3K May 31 80 K Apr. 2 13K Jan. 4 20 Nov. 25 Nov. 2 Nov. 12 2% Nov. 28 15c Nov. 14 16 K Sale American Amer Tel 8c Tel 281 Highest Sale Prices 22 Radiator.........* Co 100 2,094 25 2,616 Borden Company 8,153 Borg Warner Corp com. J...5 18,695 1,621 Lowest Sale Prices 25 25 K Unlisted Dept.— %i Highest Sale Prices 24 Nov. 2 3 K Nov. 1 75c Nov. 28 22 20 17 » 2,517 Walker 8c Co claaa A Class B ♦ 23,714 56,057 Warner Aircraft Corp com..I 4 13.342 Wayne Screw Prod com 25,600 Wolverine Brewing Co com._l 2 5,123 Wolverine Tube Co com Preferred 100 20 3,595 Young (L A) Spring 8c Wire. * 1,396 4,254 7,655 Ask Bid Shares Shares Lowest Sale Prices Nov. 30 Nov. 1 1938 RANGE SINCE JAN. 1 NOVEMBER IN PRICES DETROIT SALES AGGREGATE 61 STOCK EXCHANGE DETROIT Dec., 1938] Ask Bid Ask 8 8K 6K 6K Nov. 9 9K Nov. 21 5 64 Apr. 4 May 26 6K Sept. 7 101 18K 9K 25 12 14 18 12 Nov. 17 Nov. 17 12 9 Jan. 9K Nov. 21 72 Mar. 23 6K Sept. 7 24 101 Jan. 20 Jan. 24 13 IK Jan. 18 6 Sept. r 2,522 1.816 460 1.278 3.473 20 800 < STOCKS Shares Shares 1.428 210 1.250 5.479 Par 15.526 American Stores 40,615 American Tel 8c Tel.—. 733 Bankers Sec Corp pref.. 6,473 Barber Co 10.857 Bell Tell Co of Pa pref... 23.587 Budd (E G) Mfg Go ... 48 ...» .100 -.10 "I5—15K .100 4K Sale 3K * ... 2.155 1.177 1,545 18,103 Lehigh Goal Ac Navigation..* 10,708 Lehigh Valley.. —....50 17,050 Nat'l Power Ac Light..— • 138,133 3,031 Pen nroad Corp V t €.. * 123,789 Pennsylvania RR.........50 1,317 Penna Salt Manufactur'g.50 2K 4,085 Penn Traffic com * 4,689 Phlla Elec of Pa 05 pref ..25 27,691 Phlla Elec Pow pref 100 Sale 1,911 1,137 6,482 Phlla Rapid Transit 50 .7,885 7% preferred 50 50 11.693 Philadelphia Traction. 3,095 Reo Motor Car Go..—.... "V.485 419 4,287 685 685 « 181 2.200 1,630 475 1.008 7.524 2,650 1.191 32,512 601 1.045 - 25 No par. 200,791 Salt Dome Oil Corp— 6,258 Scott Paper..... 1.165 Tacony-Palmyra Bridge 23,300 To nopah-Belmont Devel ... 18,705 Tonopah Mining 2,531 Transit Invest Corp.... Preferred 12,220 .50 23.289 Union Traction 42,874 United Corp common..., Preferred...... 8,588 296,580 United Gas Impt com.... Preferred........ ._...._.* 8,753 .* 3,877 Westmoreland, Inc.... 83 K m Sale 26 K 29 K Sale 95 102 22K 23 K Sale Sale Sale "f 32 K Sale 50 Sale 120 Sale 33 35 4K Sale fx 8* 118 36 18 k Sale Sale 5 Sale Sale Sale Sale 124 Sale Sale 5K 8K Sale 3K 3K 4K Sale 7K 8K 2K Sale 2 Sale 2 4 21 128 Sale 21 »21K Sale 151 168 2K 2K 116 K Sale 30 K Sale 153 145 2K 6 3K Sale Sale 17 2 Sale 3K Sale 5K 7 IK 2 3K Sale 5K 6K 13 Sale 37 K Sale Sale 29 Sale 31 K % 49 K ey UK Nov. 9 8K Nov. 30 Nov. 14 147 K Nov. ~ 150 24 K 7K Sale 880 Phlla Insulated Wire.—...* 16.861 15,788 iip Sale 47 k 8 8K 9K 148 147 K Sale 16 16 18 22 K Sale 117 Sale 6 5K 6K Preferred.....——.. .100 9,702 Budd Wheel Go !—5 55,473 Chrysler Corp ... 2,573 Curtis Pub Co common.. ...* 79.443 Electric Storage Battery. 95.513 General Motors......... Ilio 143 * 8K 144K Sale ..50 928 Horn JtHardart (Phlla) com.* 2.017 Horn 8c Hardart (N Y) com..* 35 8 Sale, Sal&j 23 K 18 K Nov. 28 119 117 Nov. 7K 6 Nov. 48 46 K Nov. 4K Nov. 81K Nov. 6 x Ex-dividend. a Coal........* 53K Nov. 9 121 36 34 Nov. 16 4K 3K Nov. 22 6K 4K Nov. 23 9K 7K Nov. 29 IK Nov. 19 K Nov. 28 2K Nov. 115K NOV. 30 K Nov. 17 Nov. 18 IK Nov. 2K Sale 3K Nov. 6 Nov. Sale Nov. 18K 50 K 36 K# Sale Nov. 30 Nov. 22 Nov. 14 Nov. 15 2K Nov. 23 5K Nov. 23 9K Nov. 22 Sale !3K Oct. 36 Mar. 8K Nov. 9 4K Mar. 21K Mar. 25K Mar. 8K Aug. 4K Nov. 3K Nov. 8 9 9 1] 14j Mar. i Mar. 2 112 i Apr. Aug. Feb. 29K Apr. 17 Aug. IK Sept. 2 Mar. 4K Apr. 27 IK Apr. 16K Sale 38 Nov. Nov. 16 Nov. 2 Nov. 9 Nov. 2 Nov. 28 Sale Nov. 29 Sale Nov. 28 106 K Nov. 1 Nov. 9 Nov. 12 Nov. 22 Nov. 2 % Nov. 9 IK IK 4K 4K 36 K 12 K .14K —: io k Nov. 21 9 9 10K Nov. 28 9 Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. Nov. 24 9K Jan. 21 7K Nov. 17 3K Feb. 2 5K Aug. 24 Nov. 15 lOOKJan. 11 121 Oct. 6 21K Feb. 1 36 3 5K July 6 May 31 7K July 25 3 Mar. 30 9K Oct. 17 4K Mar. 29 9 2K Nov. 9 24K Nov. 12 2K 118 K 30 K 17 Sale Sale Includes 647.269 rights. Nov. Nov. 14 6K Mar. 18 3K Mar. 42 Jan. 2K Mar. 123 Nov. 2K 9 10 15 Mar. 12 K Mar. 112K July Nov. 15 Nov. 30 Nov. 1 Nov. 9 157 Nov. 21 ... 2,667 Westmoreland Nov. Nov. .......... ...... Nov. 14 Nov. 14 Nov. 9 Nov. 28 Nov. 31K Nov. 48 K Nov. 120 Nov. Nov. 29 Nov. 17 5 Aug. 111K Mar. 2 23 22 21 9 9 12 30 1 28 Jan. 14 M<mi Mar. 3o i'Jan. 7 Nov. 9 Mar. 31 Nov. Jan. „ Mar. 29 Mar. 31 Mar. 30 Mar. 15 l! San Francisco Stock Exch. MONTHLY AND YEARLY RECORD RANGE OF PRICES ON THE SAN FRANCISCO STOCK EXCHANGE Stock Sales November. 1938 . _______ Shares_ Jan. 1 to Nov. 30 AGGREGATE 1937 797,953 4,987,417 SALES Since Jan. 1 November 1937 $54,000 120,000 $2,000 PRICES _ IN NOVEMBER RANGE SINCE JAN. 1 Price Jan. BONDS 3 1938 * Bid 6,000 7,000 2,000 1,000 11,000 4,000 2,000 1,000 1938 . Jan. 1 to Nov. 30 SAN FRANCISCO STOCK EXCHANGE In Bond Sales November 763,974 6,004,883 Atlas Diesel Eng Co 6%..1945 Calif Water Serr 4% .1961 Coast Co G & E Co 4%..1965 Langendorf Unt Bak 6Hi '41 Market Street Ry 7g 1940 Nov. 1 Ask Bid Nov. 30 Ask Bid Lowest Highest Lowest Sale Prices Ask Sale Prices Sale Prices ~9854 105 99 S J Lt & Power Corp 6%_ 1952 South Pacific Co 4% % ...1969 60 Union Oil Co of Calif 6%. 1942 115 Highest Sale Prices May 12 90 Aug. 9 Jan. 7 102 Mar. 21 Feb. 17 108)4 Mar. 12 89 78 101 107 101 54 Mar. 26 10154 Mar. 26 80 Aug. 24 85 June 7 130 Oct. 24 130 Oct. 24 102 ... 103 X 100 63 54 57% Feb. 17 57)4 Feb. 17 May 16 116)4 May 16 119 116>| UNLISTED BONDS Crown Willamette Paper— 2,500 1st mtge 6% Miller & Lux— 1951 5,000 Ctf of dep 1st mtge 6% 1945 Ctf of deposit 7% notes '35 3,500 5,000 So Calif Gas Co 4)4 % ser 1961 2,000 So Cos Gas Co of Cal 4^ % '68 Shares. STOCKS Shares. 116 116 114 113 115% 17,905 Alaska Juneau GoldM 1.495 Feb. 10 106)4 Sept. 16 108 10394 Oct. 4 103 94 Oct. 4 26,002 Common ....1 25.367 Anglo-Cad f Nat'l Bank 30 47,261 Assoc Ins Fund Inc com capIO 34,029 Atlas Imp Diesel Eng Co....5 968 Bank of Calif Nat Atsn caplOO 1,675 Beech Aircraft Corp com. 1 8,514 Bishop OH Co.............5 29,281 Byron Jackson com cap • 12,193 Calamba Sugar Estate com 20 2,235 Preferred...............20 4,071 Calaveras Cement Co com... * 150 7% preferred..... 100 1,500 Calif Art Tile Corp class A..* cap. 10 Anglo-Amer Mining Corp Ltd 9,459 4,325 1,435 • 10 1.475 11 1154 3,086 327 185 103 20 110 430 T.026 6,703 38,297 1,430 36,455 3,551 20,920 5,253 160 Class B 190 2,272 80 22,050 1.690 204,153 114,150 53,372 3,918 16,085 5,200 2,768 328 20 21% 22 13 22c California Ink Co lnc A....* California Packing cap i 15 34% Preferred 50 25c 50 stock........100 105 Central Eureka Mg Co com_.l Preferred..... 1 3% 3% 83 X 38% 104X 18 X Chrysler Corp common.....5 Clorox Chemical A * 1,767 1,940 Inc class A partlc pref 25,894 • 12,945 Creameries of Amer (new)... 1 Consol Chemical Sale 95)4 Caterpillar Tractor cap....* Preferred Sale 38% 21X Sale 50 ..... 30c 51)4 1,440 T,609 1,090 100 28 4 54 30 150 220 750 9,167 4,233 567 1,855 9,508 719 1,220 1,994 4,950 - 553 Sale . 2,402 100 100 1,010 511 40 2,527 4,787 180 1,120 5,945 55 22,247 20 1.40 10 25c 60 Nov. 29 13 13 Nov. 17 3 Sale 35c 38% Sale 50)4 51 95)4 101 v 30c 45 103 32c 47 106 Sale 4)4 4% 75c 2 16 • 10 22c capital Gladding McBean Co 34% 1.30 10 Sale 50% Sale 8)4 9 30% 33 9X 10)4 com..* Golden State Ltd cap ..* Hale Bros Stores, lnc, cap..* Hancock Oil... * Hawaiian Pineapple Co (new) 7% Sale 14% 42 23 common.. 1 Preferred 10 580 Hutchinson Sug Plant cap.15 21.193 Langendorf United Bak cl A * Class B 15% 42% Sale 1.05 Sale Preferred ex 37 17 X 7X 9% 12 2X 15X 3X 19X 50 Mar. 29 500 Sept. 15 Nov. 25 Jan. 5 Nov. 25 &* 17 Mar. 30 Mar, 31 Mar. 30 Mar. 17 5 Nov. 14 Nov. 2 Sale 40 Sale 35 1.90 30c 46X 103)4 354 354 23 95c 1.05 Sept. 14 3 May 26 61 Nov. 4 Jan. 1454 July 27 9 Nov. 28 Nov. 2 51 Nov. 4 32c Nov. 16 51)4 Nov. 22 105 Nov. 2 4% 4 Nov. 3 » ft* 35 16 Lyons-Magnus Inc A 5 t Removed from listing. 2 • 2 Nov. 18 Nov. 7 Nov. 4 Nov. 14 6 > 22 9 14 4 X X X Sale 11 10 19 25 16 22 Mar. 31 Mar. 31 Jan. 3 Mar. 29 Mar. 29 Mar. 23 23 May Nov. 22 Nov. Nov. 15 26 Nov. 23 19 3% Nov. 3 Nov. 23 19 Nov. 3 Nov, 18 4 Nov. 7 1054 2154 1554 36)4 Oct. Nov. Nov. 14 Nov. 3 42 5 Nov. Nov. 18 Nov. 28 Nov. 10 Nov. 1 4 Mar. 23 Mar. 31 Mar. 25 Nov. 18 Nov. 9 7 Mar. 31 June 16 Mar. 31 Mar. 31 85)4 Nov. 23 3654 Nov. 15 2% Nov. 7 Mar. 30 Mar. 28 Nov. 1 14 Nov. 9 22 Nov. 22 10 Nov. 1 Nov. 29 53)4 Nov. 8% Nov. 9 9 2554 Mar. 31 6 Sept. 26 30 3 25 Nov. Nov. Nov. Nov. Nov. Nov. 22 Nov. 23 l.OONov. 55c 2 40 30 26 28 18 12 18 2 Nov. 1 1054 Nov. 12 754 Nov. Apr. 6 1 Apr. 19 5 Mar. 26 Mar. 24 654 June 6 2% Apr. 29 15 Nov. 7 11)4 Apr. 42 Nov. 2 23)4 Nov. 9 25% Mar. 31 18% Sept. 14 1 66c June 1 32 13 15 Apr. 2 1.05Nov. Nov. 4 41 Nov. 10 20% Nov. 17)4 Nov. 8 3 22 Nov. 23 7 17 X Nov. 3 2554 Apr. 1154 July 23 63)4 Nov. 9 10 July 7 30 Oct. 18 12% July 23 754 Nov. 1 15 July 7 44 Oct. 29% Jan. 14 22 1.30 Oct. 8 41 Nov. 10 Mar. 30 24)4 Oct. Aug. 19 Sept. 26 28 Nov. 29 Nov. 29 70c 2 Nov. 16 Nov. 22 55c Nov. 22 7)4 Nov. 16 16)4 Nov. 9 8 Nov. 28 >■'?% Sept. 12 19 Nov. 17 12 Nov. 16 38)4 40% 38 41 40 27* 28* 27% Nov. 28 1.50 Sept. 12 Nov. 16 X Nov. 28 41 Apr. 25 41' U 2 7 Nov. 26 Mar. 31 32)4 Nov. 10 3054 Nov. 21 6% 95c 30c 85c 65c 76c 554 Mar. 30 5 40c 60c Jan. 40c 65c Nov. Nov. 17 11 1 Nov. Nov. Mar. 29 35c 2.90 June 30 Jan. 10 17 19 44 Nov. 1 5 14 29 4 44)4 Nov. 28 9 39 22% Nov. Feb. 954 July 1% Jan. Apr. 29 Apr. 12 May 24 7% Sale 9 39% Nov. 14 .06)4 Feb. 15 Mar. 29 Mar. 31 9 11 754 27)4 854 654 14)4 39)4 10 5% 4 89 Mar. 25 454 Nov. 10 Nov. 28 85c 2.15 29 Aug. 40c Sept. 57X July .06)1 July 4% Nov, 4 Nov. 14 8 Sale 12 July 4 Apr. Sept. 26 Nov. 10 35 35)4 Nov. 10 2 ' Nov. 21 2 5% Jan. 52 98 2I Apr. 22 Nov. 18 9)4 Nov. 22 35 40 83 52c Sale 24 July 2)4 Nov. 23 16 4 40 6 24 36)4 Jan. 26 7 17)4 18 25 Sept. 14 Nov. 1854 Sale 10% 11 44)4 Sale 30 25 July Nov. 15 Apr. Nov. 12 92 3 jy 18 50c 6 24 Mar. 30 Mar. 30 Nov. 25 88 90c Sale Lock Heed Aircr Corp com..l .* Nov. 30 38 7X 8X 9% Sale B 70c 16 Oct. 2.00 July June 23X Nov. 10 Nov. 15% Nov. 10 20 6 Mar. 28 Nov. 15 4% Nov. 16 40 22 Sale Sale 554 Mar. 10 Nov. 1254 Nov. 29 854 9 49% Sale 7% Sale 25)4 32 8)4 854 654 Sale 13 15% 40 41X 20 21)4 5% Aug. 6 May 17 22 July 25 21X Oct. 13 21)4 Sept. 3 6)4 July 23 Nov. Mar. 40X 21% 18% 9% 16)4 ... Leslie Salt Co capital .._._* Le Tourneau Inc common.10 Libby McNeill & Libby 16 21 36)4 17)4 28 X 33X * 25.159 Magna vox Co Ltd (capital) 2 % Nov. 17 Nov. 15 34 35 84 General Motors... .....10 General Paint Corp com * Preferred... ..........* 1,939 Hudson Motors Car Co.....* 6,338 Hunt Bros. Packing com...* No par value, 14 10 50c 34 9% 10% 35% Sale 2% Co of Calif capital..... 10 1,305 34,271 HonoluluOilCrpLtd cap new* 740 Honolulu Plantation cap...* 2,324 7.691 10,825 1,831 185,997 2,246 Jan. Mar. 29 1 Nov. 20X Nov. 23 41,037 19 2 4 Nov. Nov. 10 2154 Nov. 28 1454 Nov. 5 21 5,456 4 May 12 3% 9% 1954 14)4 Sale 16 Holly Develop Co 2 Jan. 1 2)4 16)4 4% 11 22 14 Common 13)4 Feb. 45c 325 13% Sale 90)4 Sale 2% com Class A preferred Sale ...25 20,975 95,307 35,707 3,116 18,131 98,261 2,485 14,076 37,997 70,585 Mar. 30 June 22 Nov. 28 Jan. 26 14 X Nov. Nov. i'A 9 35%. 20% Galland Mercantile Laundry 1,194 common (capital) ....* General Metals Corp— 860 "If, 922 6 6?" 12)4 Home Fire St Marine Insur 170 954 Nov. 28 4)4 Nov. 4 It* 20 A 20)4 290 Fireman's Fund Indem cap 10 Fireman's Fund Insur cap 25 Food Machinery Corp com. 10 Foster & Klelser Nov. 10 Nov. 26 200 195 Nov. 17 195 4% 5 254 Nov. 7 4 354 Nov. 16 4% 1654 Nov. 3 19 20 Nov. 18 20 Nov. 9 21)4 21 21 Nov, 28 4 4X 3X 23 600 Ewa Plantation...........20 400 Nov. 29 26c 1 ...... 1,434 8,202 18,343 5,989 10 2 9 3,154 El Dorado Oil Works cap...* 30,496 Emporium Capwell cap.....* 7,040 Preferred 50 19,724 Emsco Derrick 8c Eq Co cap. 5 . 7 Nov. 874 Electrical Products Corp...4 238 110 190 450 910 Nov. Industries 874 3,687 1,260 1.283 190 9)4 Nov. 23c Nov. 4 Sale Nov. 4 Sale Sale Nov. Sale 80 Nov. 30 89 Nov. 80)4 Sale 35 41 39 X 36 Nov. 18 39% Nov. 105% 104% 106)4 104)4 Nov. 25 10454 Nov. 24 Sale 26 Nov. 18)4 Nov. 1 26 Sale 95 Crocker First Nat Bk SFcaplOO 308 375 218,971 CrownZellerb Corp com (new) 9 X Sale 15,350 Preferred (new) 64 H Sale 1,533 Cypress Abbey Co common..2 72c 1.00 11,470 D1 Giorgio Fruit Corp com. 10 4 4 Preferred 4,905 100 23 24 5,760 Doernbecker Mfg Co 4 4 17", 219 10)4 Sale 4% Sale 6% Sale *70 14 1.40 2.40 100 10% 30c 6 4 60 % 13 10 25c Sale 20% 21% Calif-Engels Mining Co.....l 2,807 • 2H 4X 17 667 Coast Cos Gas&El 6%lstpfl00 5,780 Consol Aircraft Corp com 1 ** 210 2X 4 220 California Water Serv preflOO 45,805 Carson Hill Gold Mg capital. 1 "6",300 9% 28c 14)4 Sale 4% 4% 7X 8 * Calif Cotton Mills cap 9X 25c ... 450 19 105 54 June 22 11754 Jan. 26 11954 May 12 117)4 May 11 117)4 May 11 pa, 1,738 ; 102 X Feb. 118 7.75c Nov. 26 13 Aug. 31 X Jan. 3 Nov. 26 32 X Nov. 10 8% Jan. 26 3054 Nov. 21 5)4 Aug. 25 55c July 25 1.13 Jan. 18 SALES AGGREGATE Since Jan. 1 STOCKS 932 Par 15,975 Magnln Ac Co (i) common...* 120 "e'.eii 70 1,270 48,121 5,820 3,136 370 20 20 1,298 170 2,750 37,540 100 Preferred Marchant Cat Mach Co com 10 Ask Bid 10* 12 H 102 90 13* 14* Market Street Ry co— 5.807 Prior preferred.——-—-100 8,482 Meleir-Frank Co ———.10 126,952 Vfenasco Mfg Co common... 1 110,154 Nat Auto Fibre* IncCom atkl 64,641 Natomaa Co capital • 4,633 North Am Inv Corp com.. 100 1,110 4% preferred —.100 625 ®*% preferred.— 100 26,315 North Amer Oil Conaol cap. 10 1,644 Occidental Insurance cap.. 10 22,481 Occidental Petrol Corp com.l 120 2,380 /,;• 260 585 1,623 ^ " 8", 584 7,909 6.225 2,096 2,161 270 ■ ' 12.839 4,698 549 20 100 ■v 1,234 '^A.v 50 462 190 440 1,279 385 7,872 4,057 2,536 60 3,175 30,006 1,405 320 30 29,620 997 1,028 Pacific Clay Products.—.. 101,988 Pac Coast Aggregates com. 10 125,418 Pacific Gas Ac Elec Co com.25 80,982 4% 1st preferred — 25 23,452 sh% 1st preferred.—...25 34,127 Pacific Lighting Corp com—* 4,544 $4 dividend pref .......* 83,496 Pac Pub Serv com non-vot—* 33,548 First preferred.———.* 5,417 Pac Tel a Tel Co common. 100 I.472 4% preferred...—.—100 855 Pacific Western Oil capital. 10 20,215 Paraffins Cos, Inc., com—.* 610 Preferred ......100 Philippine Long Distance 322 Tel Co capital —100 5,088 Phillips Petroleum Co cap..* 2,130 Pig'n Whistle Corp partic pf * 706 Puget Sound Pulp & Tim com 12,619 Ry eq a Realty Co Ltd com.* 2,143 6% preferred (new).....100 82,860 Rayonier Inc common...... 1 54,931 Cumulative preferred—.25 53,513 Republic Petroleum Corp—1 162,494 Richfield oh Co 2.604 4,432 160 Com stock common.... if 12,455 1.475 712 4,918 Sou Cal Gas pfd 6% cum a.25 Sou Pacific Co com (cap'l).lOO 9,071 Sou Pac Golden Gate cl a—* 5,939 Class b • 10 270 111,523 526.554 4)4% preferred new—..100 Transamerlca Corp capital..* Treadwell Yukon Corp Ltd— Common capital .....1 Union Oil Co of Calif cap—25 Union 8ugar Co common..25 United Air Lines Trans v t c.5 Universal Cons Oil 10 3,585 400 12 5 13 Sale 13* Sale 7* Sale 2.40 1.05 Sale 17 95 1.00 20* 910 3,932 5,973 1,515 2,003 5,059 3,163 2,758 600 145 1,373 110 ""'§82 3 1.40 19* 3* 16* ,l« 98 6 20 19* 17* Sale 72 28* 19 80 28* Sale 23*: Tide Water Assoc Oil Co Nov. 12 32 Nov. 25 99 115* Sale 144 150* 148 12* Nov. Nov. 20 10* 54 99 58 100 Sale" 25 26* 28* 37 14* 104 5** 34 Sale 6* Sale 23* 27 21* Sale 89 93 94 31 Sale 30 Sale 31 18* Sale 75c 15c 25c 35c 10c 6 35c Sale Sale 22* 5* Sale 27* 23* Sale 22 90c 1.65 Sale 65c 55c 70c 75c 13* 19* 9 1® 12* 1,30 13* 91 91 94 Sale Sale 20 Sale 12 17 4 Sale Sale 33 30 3* 4* 8*, 9* 29 275 31 Oct. Mar. Mar. 28 Jan. 43 Nov. 12 Mar. Mar. 109 Nov. 25 Mar. 20 Apr. Apr. Aug. 119 15 Jan. Mar. 60 Nov. 10 June 101 9 Nov. 10 Nov, 4 7* Sale 48c 19 7 55c Sale Sale 11* Sale 17* Sale 4* Sale 9* Sale 29* 31* 31* 269 280 20* 21 18* 32* 30* 3* 38 31 40 4 28 3* 280 20* Sale 38 4 3 25* Nov. 2 Nov. 5 Nov. 14* Nov. 103* Nov. 5* Nov. 34 Nov. 21* Nov. 90* Nov. 30* Nov. 17* Nov. 25c Nov. 10c Nov. 5 Nov. 26* Nov. 22 Nov. 56c Nov. l.lONov. 13 Nov. 93 Nov. 6* Nov. 15 2 1 18 28 9* Nov. Nov. 18* Nov. 24* Nov. 4* Nov. 40 Nov. 1 30 3 3 9 9 14* Nov. 9 9* Nov. 30 2.60 Nov. 25 1 Nov. 100 Nov. 15 4* Nov. 12 28 Nov. 9 1 2 Nov. 1 6 Nov. 17 15* Nov. 10 Nov. 30 5* Nov. 1 37* Nov. 2 23* Nov. 9 18 104 1 30 89 1 Nov. 14 55 3* 13* 87* 131* 13* 29* 50 Aug. 31* May Sept. 3* June Sept. 27 Sept. 8 May 17* Aug. 2* Mar. 1 Sale 11* Mar. 25 Nov. 15 102* 5* Sale 50c 27 8 Sale 100 390 300 4.150 2,344 2,614 2,280^ nr 600 278 4,540 336 13,827 ~l",06l 450 550 10 20 3 Apr. 11 Apr. 25 10 92* Oct. ,8* 10c Mar. 29 13 Mar. 26 Nov. 14 50c 75c Sept. 7 May 19 14 1 1.65Nov. 13* Nov. 9 93 Nov. 14 26 10* Nov. 15 15 3 28 28 23 22 26 Nov. 18* Nov. 6* Nov. 11* Nov. 10c 6 31 25 60c 55c 50c 20 9 Nov. 15 Nov. 17 Nov. 12 Nov. 3 9 Nov, 23 9 Nov, 1 Nov, 14 13* Nov, 18* Nov, 4* Nov, 10* Nov, 33* Nov. 279 Nov. 16* Nov. Nov. 9* Nov. 30* Nov. 275 Nov. 4 10 29 7 10 10 12 140 5,198 30,010 2,575 70 2,167 ""200 10 600 215 10,649 250 300 ♦ No par $10 par ...10 2 Claude Neon Lts Inc com— 1 1 Aconv—_* Columbia River Packers Assn Inc common * Comm'l Solvents Corp com..* Consol Edison n y common.* Consol ou Corp common...* Continental Oil (Del) cap..5 CrucibleSteel of Am com.100 35c Coen Cosine class July 25 Nov. 15 ,.llc •4* Sept. 1 25* Mar. 31 10* Mar. 31 76* Feb. 17 June 31 8 23 Nov. Nov. 30 34 3* Nov. 29 3.50 7* 21* 8* 3 52c Mar. Oct. 5 Nov. 10 31* Nov. 17 22* Jan. 12 70c Aug. 16 38c May 8 __ 6* Feb. 14 25 34* July 25 Nov. 1.20 Jan. 1.65 Nov. 15* July 19 97 July 25 12* Jan. 12 July 17* 15* 16* 80 68 2* Mar. 6 May May .257* Apr. Jan. 11 July 25- 13 14* Mar. 29 23* July 23 36 24* Mar.31 4 Aug. 12 19 Oct. 1* Jan. 11 19 July 21* Mar. 9 10* Mar. 20 23 Nov Nov, 14 Nov, 4 Nov, 10 Nov. 26 68 70 15c 65 80 7c 7* Nov. 6 6 20 31 8* 1* 3lc 4 10* 31* 8* 27* 38 9 Sale 1 17* 5* 20 6* June 28 May 23 May 28 25 June 15 Nov. 26 7 May 24 1 Mar. 30 3* Aug. > Nov. 18 72 Nov." 18 10* Mar. 30 18* Oct. 60 72 15c 3J 50 10c 3 Aprj 4 May 4 July 15 1.10 May 24 July 29 31 17 7* 1* Mar. " 3 50* Mar. 22 72 7 18* 6* 51c 4 * Nov. 20 6 11* 32* 9* 29 39* 1 17 June 30 17* Nov. 6* Aug. 15 8* Nov. 7 31c Nov. 26 Nov. 28 Nov. 10 1 30* Nov. 22 8* Nov. 1* Nov. 31c Nov. 4 Nov. 30* "Nov." 8 6 25 Jan. 11 6* Nov. 30 July 1 43* Nov. 9 8* Jan. 21 7* Nov. 25 11 July 7 5* Jan. 17 17 July 1 24* Aug. 24 Mar. 18 25 Nov. 29 4 1 31c Jan. "23* "Nov." 1.15 16* "17 Nov. 18 40* Oct. Mar. 23 8* Nov. 10 4* Nvo. 9 16 9 Nov. 28 i 43* Nov. 9 8* Nov. 14 4* 4* 1.15 53 70c 8 20 13 May 26 6* Nov. 30 3 6* July 18* Oct. 149* Jan. 9 18 5 8 Oct. Nov. 10 11 80 » 7 6* 1.{ 17 25 Aug.. 16 July 7 Jan. 11 July 68 3 10 1 Jan. Nov. 23 21* Nov, 28 * Nov, 26 70 Sale 3 4 Aug. Mar. 38* Nov. 12 '2.10 "34* "35* Nov. 9 July 26 6* July 1 18 July 23 Aug. 8 Nov. 14 June 8* 5* 8* 2* Sale 18 10 Nov. 12 Nov. Apr. 3 13* 11* 4.20 7 22 9 Jan. Oct. Mar. Nov. 23 Nov 38* Nov, 18 4 9* 1* 9* Nov. 30 2.60 Nov. 25 17 Sg May 19 May 19 2* June 23 3* Nov. 32* Nov 9* Nov 28 5* Nov, 18 Sale 15 13 July 12 14* Aug. 8 41 22 Nov. 31 29 3* 40c 29* Jan. 6* July 22 20* Nov. 26 46c ""§"" 25 13 Nov. 14 9* Nov. 3 56* Feb. 24 Jan. 6 17* Mar. 53 Nov. 18 53 Nov 18 147* Nov 22 149* Nov. 14 3.50 4 June 14 June 27 Mar. 25 29* 13* 9 10 25 Apr. 45c July Sale" Sale 13 Nov. Mar. • 721 3.470 8 May 26 Mar. 30 Nov. 43* July 2* July Apr. 27 Sept. 13 Sale 17 31 4.50 18 Apr. 31* Nov. 17 21* Nov. 10 27c Nov. 17 58 Jan. Mar. 12* "*7* 29 \\X 60 Nov. 10 95 9 24 June 9 100 87 1.05 Apr. 27 4* 28 July 12 18* 2.00 80c May 19 July . - 16 16 26 13 Mar. 29 ""6* 1.50 15 Vk Mar. 29 Mar. 30 A* June 22 1* 15c 16 24 28 28 2 10 28 9 Nov. 149 Mar. 29 48 sill 792 8* Nov. Mar. 30 28 4 29 15 1 22 1 4 5 22 Nov. Nov. Nov. Nov. 7 48 Nov. 40 45 17 Sale 16* Nov. 23 Sale 22* Nov. 3* Nov. 3* Sale 40 Nov. 37* 42 12* Nov. 12* 13* 7 Nov. 9* Sale 2.55 2.70 1.90 Nov. 16* Nov. 14* 18 85 100 Nov. 29 3 21 25 9* Oct. 2.25 Oct. 29} 1* Nov. 14 1 22 Mar. 18 18 12 6 Oct. 23 Nov. 149 Nov. 2 60 100* Nov. 10 101 > Jan. 4 8* Nov. 9 20* Nov. 9 116* Nov. 25 18 18 30 Jan. 10 Nov. 15 58 7 7 12 12 Nov. ~I*_Nov. 6* Sale 10* Sale 112 12 Aug. 6 7* July 25 1.40 Jan. 43 13* Feb. 23 28* Jan. 15 30c Jan. 10 Jan. 4* May 6* Nov. 4* Mar. 6 Jan. 109 8 Aug. Oct. Nov. Oct. Aug. July 24 3* Oct. 28 30 45,617 63,564 15,512 II,592 133,624 20,655 Victor Equipment Co com—1 12,715 Conv cum pref...—.....5 6,550 Walaiua Agricultural Co..20 651 WeUsFargoBk a UnTr cap 100 270 Western Pipe a Steel of Calif common —............19 17.428 16* Yellow Checker Cab Co—30 (Consolidated) cl a ser i.5s 1.840 22 65 Class a series 2 com cap..50 3 5.819 Yosemlte Portl cem Co pf—10 unlisted stocks 1 * 1,100 Alleghany Corp commoh Amer a Foreign Pow com.—* * ""340 Amer Car a Fdy Co com 165 Amer-Hawallan ss Co com. 10 * 520 Amer Pow a Light com 5* 11* 7,704 Amer Rad a Stand San com.* 400 Amer Smelt a Ref g Co com. * 14,140 Amer Tel a Tel Co com.-.100 145* 65c 87,977 Am Toll Bridge (Del) com...1 28* 32,090 Anaconda Cop Mg Co com—50 13 14,283 Anglo Nat Corp cl a com * 2.85 12,291 Argonaut Mg Co Ltd capital 5 * 3* 1,291 Ark Nat Gas class a com 1,300 Atch Top a s Fe rr com..100 "7* 1,491 Atlas Corp common——-—* 3* 3 9,266 Aviation Corp (Del) com 8* 5,431 Bait a Ohio rr common. .100 4 124,528 Bancamerica Blair capital—1 385 Barnsdall Oil Co common...5 12* 10* 9,456 Bendix Aviation Corp com..5 2,320 Berkey a Gay Furn com 1 1.880 Bolsa Chlca Oil cl a com—10 "1.50 Bunker Hill a Sullivan Mg a Con Co common —2* 13* II.951 Calif-Oregon Power— 65 30 6% pref (non-callable)..100 65 221 6% pref (1927 series) 100 5c * 200 Calif Pac Trad Corp com 2.50 Preferred * 160 1.45 ....10 2,513 Calwa Co common 100 Canada Dry Ginger Ale cap""7* 395 Canadian Pacific Ry com..25 Chanslor a Lyon Stores Inc Class a cum conv —* 62 Cities Service Co (new)— Nov. 14 6 8* Nov. 10 11* Nov. 5 16* 10* 4* 10* 12* May Mar. 15 2VA 2* 9* June 15 5 30* Nov. 5 87 17c 9 22 Nov. 17 6* Nov. 16 9* Nov. 27* Nov. Nov. Nov. Nov. Nov. 31 27* Nov. 10 Nov. 10 25c 28 41* 40* 108* 107* 6* a va Sale 19* Nov. 10 7* Oct. Sale l0Vk 42 Mar. 31 2.15 Nov. 18 Nov. Nov. 43 23 31 27* 2 com * 2 2 10c 1 Nov. Mar. 29 Apr. 26 23 17 28 Sale Thomas Allec Corp class a.. * 12 8 Sale 5 23 Nov. 10 Mar. 26 3* Mar. 29 7* Oct. 31 3* Mar. 26 Sale 6 30* 19* 30 2 26 28 25 42 5 20 12 22 13 13 Feb. 24 Nov. 29 8 9* Mar. 30 80c 2 15 Sale 2 33 Nov. Nov. Nov. Nov. Nov. Nov. 8*, Nov. 25 Nov. 7 Nov. 12 Nov. 9 Nov. 2 Nov. 4 Nov. 7 9* 4* 10* 11* 7* 41 7 June 6 15* Nov. 10 Oct. 25 92* Apr. 6 100 8* Mar. 29 16* July 23 29 27c Super Mold Corp of Cal cap. 10 Texas Consol Oil Co com Sale 40 Spring VaUeyCo Ltd capital * Stand Oil Co of Calif capital * 1,067 3,525 121,312 25,632 15.763 2,070 27,818 850 15,893 24* Sale 32 20.175 Signal ou a Gas Co class a.* 97,061 Soundvlew Pulp Co new....5 138,189 Sale 30 85 Nov. 29 54 24* 8 Sale 9* 41* 1* 7 8* Sale 4* 5* 5* 6* 9* 6 Sale 50 Sale 4* 21 6 IS 16* Nov. 25 7 22 39* 1* 6* 1* 8* 26 3* 27* 1%* 54 23 495 100 7 11 40 48 5 Preferred Sale Sale 979 Sherw d Swan Co Ltd cl a..10 1.722 113 7 17 10 180 495 Sale 42 95 3,856 29* 41* 55 20 210 1.754 Sale 58 5,375 Schlesinger (b f) com (new). 3.605 Preferred (new)—.......25 10,202 Shell Union Oil Corp com..* 290 s*% cum conv pref——100 707 8* 11* 99* 101* "5* 10* Sale 144* 149 12 11* 4* 45 40 20 110 49 34 30 15* Nov. 10 9* Nov. 29 3* Nov. 4 8* Nov. 30 11 Nov. 25 6* Nov. 17 37* Nov. 1 37* Nov. 7 11* Nov. 23 26* Nov. 3 21c Nov. 4 7 21 27* 40* 107* 6* 19* 7* Sale Prices 8 8 10* Sale Sale Sale Sale 31 1* 7* 9* 4* 8* 11* 6* 7 Sale 50 38 Highest Sale Prices 15* Nov. 21 15* 10 28* 39* 2* Lowest Sale Prices 14* Nov. 28 Sale 15 Sale Sale 2.1b aV* 37* 1* 14* 100 23c Sale Roos Bros Inc common.....1 preferred......100 35,785 Ryan Aeronaut Co com cap 3,454 Safeway Stores Inc common.* 25c 7* 19* 5* purch warrants. Series a 26* 22c .... 1,320 Preferred ...........50 41.700 Rheems Mfg Co 1 14* Sale 106 15* Sale 100 25* 2,550 Class a a common * 5.901 Oliver United Filters Inc a—* 29,376 b • I,415 PaauhauSuftarPlantGo caplS 4,012 Pacific-Amer Fisheries, Inc. 5 20,141 Pacific Can Co————* Highest Sale Prices Ask Ask Bid Bid 8* 9 9* 10 3 * Sale 9 *, 9* 11* 12 7* 7* 37* Sale 34 37* 11 12 o'Connor Moffatt & co— 685 1 Lowest Nov. 30 Nov. 1. 1938 Shares Shares RANGE SINCE JAN. NOVEMBER Price Jan. 3 In November IN PRICES SAN FRAN CISCO STOCK KZCHANQK 63 EXCHANGE SAN FRANCISCO STOCK Dec., 1938] Jan. 10 Feb. 8 17 2 Nov. 18 Feb. 4 July 19 Jan. 11 20 July 29 6* Aug. 15 21 Sept.19 Sept. 12 Sept. 13 Jan. 6 10* May 10 2* Jan. 25 50c Jan. 10 2* June 13 9* Jan. 14 19* Apr. 19 6 Feb. 21 9* Jan. 14 30* Nov. 21 7 1 28c 7* Mar. 29 37* 38* 10* July 13 24* May 23 30* June 27 25* May 17 31* June 27 value. '■r:l3 ■ ■ i 64 SAN FRANCISCO STOCK EXCHANGE SAN FRANCISCO SALES AGGREGATE PRICES STOCK EXCHANGE In November Jan. 1 Shares Shares STOCKS 1938 Par 4,367 12,279 600 379 Ask 40 44% 4 * Dumbarton Bridge Co com. 10 Elec Bond & Share Co Nov. 1 Bid 1 21,910 1,090 7,338 100 3,436 General Electric Co com. .5 Goodrich (B F) Co common 52*4 20 *4 6,230 335 100 Preferred 5*4 Hawaiian Sugar Co capital 20 Hobbs Battery cl A capital..* B capital * 380 Holly Oil Co capital 1 657 Honokaa Sugar Co capital.20 116 38 6 105 -.20 Idaho Maryland Mines Corp Capital 76,816 4,815 1 Italo Petrol Corp of Am com 1 76,003 7% cum preferred 1 97,830 13,040 Kennecott Copper Corp com * 9,354 Kleiber Motor Co capital-.10 6,588 6,855 1,149 200 115 117150 314,019 70 2,100 5,895 2.60 1 2.40 6 3,748 15c 10*4 11% 2.50 5 30c 36*4 45%. 20 18c 23 10c 18 ""5*4 31c 2.40 30 5 29c* Sale 3 A 2.55 Sale 6% Nov. 18 ""'702 10c 5c 17c Sale 4 Nov. 29 Nov. 30 8 Sale 7*4 Nov. 18 49*4 4% 8% i°4« 1,390 50 180 100 * ""420 333 300 50 Radlo-Keith-Orpheum com.* Riverside Cement (Del) A...* Santa Cruz Port Cem com. .50 Schumacher Wall Board com* 4 1* 400 24,277 9,220 14,882 498 1,900 l 200 3H 0 25 1.40 6 12 50c Jan. 3.50 Jan. 23 50*4 Oct. 15 15 17c Feb. 22*4 34*4 5*4 7*4 July 28 Jan. 24 Jan. 19 July 8 Nov. 14c 38c Jan. 14 June 6 5c 1 Nov. 30 Nov. 30 Nov. 22 28 Oct. 4 3*4 Sept. 15 3*4 Aug. 2J 8*4 Oct. 27 28*4 Nov. 19*4 May 23 4*4 June 9 22 May 18 35 8 Jan. 23 27 7 15 35 Jan. 10 15 Nov. Nov. 1 5 6*4 2*4 21A 12 25 2.40 4*4 21 13*4 Nov. 16 8*4 Nov. 9 7*4 Nov. 28 8*4 Nov. 19 29*4 4*4 4*4 Nov. 16 24 23 90c 21 Nov. 18 50c Nov. 2 85c 29 28 Nov. 2 28 7*4 Nov. 7 26A 26*4 14 % 20% Sh 23. 24 A 25 26 28 6*4 Mar. 26 16*4 Apr. 29 44*4 Jan. 27 3*4 Mar. 30 5*4 Apr. 18 June 10 Mar. 25 11 26*4 28*4 25 Sou Pac Golden Gate Co— 2.00 Feb. Oct. 20 3*4 July 10 Oct. 30 Jan. 20 9 23 7*4 Apr. 7 25 5*4 Oct. 5 24*4 Sept. 30 Oct 85 Nov. 22 22 Sept. 27 28 Nov. 7 Mar. 30 9*4 24*4 26*4 28*4 30 Aug. 1 Jan. 8 July 7 Oct. 19 Nov. 9 July 6 18 Feb. 24 30c 7 24*4 Nov. 10 26*| Nov. 17 28*4 Nov. 9 28*4 Nov. 9 7 27*4 Nov. 17 28*4 Nov. 9 9 Apr. 16 25*4 Sept. 10 7 Nov. 7*4 Nov. Nov. 26 26*4 Nov. Nov. 22 2 May 11 June Mar. 55 Nov. 29 5*4 Oct. 27 5*4 Apr. 18 2*4 Aug. 3 19 k July 1 22 July 25 4*4 Mar. 30 2 5 14 13 6 July 21 3*4 Nov. 30 J .60 Aug. 19 4*4 Nov. 21 23*4 Nov. 3 A" 2ig 25 B 6% preferred 9 Mar. 24 2 Nov. 16 Nov. 28 24 10*4 24"" "28 Nov. 29 5*4 Nov. 8% 0% 30 8 16 131 71 % 55 53*4 Oct. 9*4 Jan. 10*4 Oct. 16*4 Nov. 17*4 May 7 June 3*4 May 27 3*4 Nov. 30 5*4 Nov. 16 "25" OH 4*4 9 28" "Nov." 16 7 50 65 4*4 5% 2*4 20*4 is Nov." 16 3 52 4*4 C5*4% preferred... 381 Sou Calif Gas 6% pref 26 17*4 Apr. 1 30 Sept. 23 3*4 Sept. 6 5*4 Mar. 28 _ 75c 9*4 Sou Calif Edison common..25 4 Oct. Nov. 12 14*4 Nov. 3 10*1 3*4 Sale * com 985 Shasta Water Co common..* 655 Silver King Coalition M cap.5 2,233 17 6 Preferred Sears Point Co Ltd 8 30 1.70 Sale 45 Sale 584 Pioneer Mill Co Ltd capital 20 Radio Corp of Amer com * 33,562 2,584 3,667 207 4,815 4,091 1,230 8 6*4 Nov. 26 ss 28 1,360 Park Utah Cons Mines com.. 1 200 Pennsylvania RR capital..50 75 Nov. 3 11*4 Oct. 31 0% 28 5A 150 Pantapec Oil of Venez com.l 50 56 1 52*4 Nov. 9 7*4 Nov. 9 10*4 Nov. 12 16*4 Nov. 23 5% 22% . 9 23 June 3 1.50 Mar. 29 7 Aug. June Feb. 11*4 June 24 6?j| 8^ 100 com. 4 47*4 Nov. 28 50 8 4.95 Mar. 29 6 24 1 2.35 Aug. 18 9 Feb. 8 Nov. 18 4 14c 4 WJ.. 2.60 Oct. 50c Feb. 28*4 May 26 10c Sale 3% 7% 24 6% % preferred 4 Nov. 2.95 Nov. Nov. 18 28*4 Nov. 15 Packard Motor Car Co 1 30 10H 22. 440 Mar. 23 9 37c Nov. 22 27% 13,271 7*4 Nov. 4 15c Nov. 30 Nov. 9 35*4 Feb. 10 24 13 Nov. 10 22 15*4 21% 30 Oct. May 31 44% 23 1,155 9 10*4 Nov. 9 30c Nov. 1 2.30 Nov. 29 20 % 20 Sale Nov. 24*; 2,059 Nov. 44 10 35c 43% 8 7. ' 1.50 Mar. 29 5 Aug. 4 32 com. 6*4 Mar. 25 Nov. 7 25 106 13 47*4 Oct. 27 16 Mar. 8 25*4 Nov. 16 32*4 July 1.30 Nov. 28 18c Nov. 10 Nov. 10 Sale 11c 17c 5 OA 5*4 20 101 *4 July 32*4 Nov. 14 Nov. 28 8% 8% 23 20 3 7- Nov. 30 23*; Pacific Portl Cement Oct. Nov. 30 24 892 Onomea Sugar Co capital..20 323 Pac Finance of Calif com__10 5 50c 25*4 Nov. 16 1 130 Nov. 28 Sale 54% 53 40% 12c 4?50 Nov. 7*4 Nov. 9 Feb. 18 Apr. 29 14*4 Oct. 27 44*| 25 6 7 Sale 2.60 19 20c 1.50 9 7A 56 10 % Sale * common 3*4 Mar. 29 36*4 Nov. 28 Nov. 29 13*4 Nov. 12 25*4 Nov. 16 104 29 Amer Co 25c Nov. 10 106 Nov. 7 Nov. 15 47*4 Nov. 12 Oahu Sugar Co Ltd capital 20 Olaa Sugar Co Ltd capital.20 200 North 2,683 1,075 180 7*4 Nov. 9 Nov. 17 37*1 Nov. 29 11*4 Nov. 16 105 45 2.50 40c 2.50 1 60c 2 0% 54% 197,406 Mountain City Cop Co cap .05 2^795 Nash-Kelvinator Corp cap..5 20,224 Nor Amer Aviation Inc cap..l 450 ?M~s" 35*4 M J & M & M Consol capital. 1 25c 23% Sale 29*j Sale 24% 2.40 287 Monolith Portl Cement com. * Preferred 10 780 Montgomery Ward & Co, Inc, common * 14,229 67 Highest Sale Prices Apr. 30 130 23 A Sale 40c 230 Marine Bancorporation cap.* 789 Matson Nav Co capital * 1,201 McBryde Sugar Co Ltd cap..5 5 600 McK & Bobbins Inc com Loxcest Sale Prices 0% Nov. 4 30% Nov. 28 50c 42A 43 23 22% 128% Sale Sale ~'0% 300 Internat Nickel of Can Ltd.* 21,642 Internat Tel & Tel common.* "872 Sale Sale 20c 105 45*4 Sale 23% 24% 14*4 Great Western ElectroChemical Co common.....* 10,345 1,351 1,693 1,032 60c 13 H 1254 104 A Highest Sale Prices 58 30 1.50 35c 1.75 5 * 41 % Ask 36^ 39 20c 40 13 Lowest Sale Prices Nov. 30 Ask Bid 35 9 *4 * com. Bid *4 1 227 Fibreboard Prod prior pf.100 29 1,887 RANGE SINCE JAN. I NOyEMBER Jan. 3 33,648 Curtl8S-Wrlght Corp com 4,991 Domlnguez Oil Fields cap 6,321 3,831 IN Price Since 19 24 Apr. 13 25*4 Mar. 30 28*4 Sept. 28 ' 830 40 588 6,275 200 , 6% preferred 100 Standard Brands Inc * com Standatd Oil (N J) capital.25 Sterling Oil & Dev Co 1 cap Studebaker Corp common..1 Sunset-tvlcKee Salesbook Co Class A common * 237 Class B common * 13 7% 45 30c 16467 1,567 4H 8 13 7*4 7*4 54*4 50*4 52 75c 25c 35c 53 21c 46 50c 5 8% 8*4 22 15*4 13 10 50 35 13 45*4 16 12*4 41*4 18 5 43*4 43 30 8*4 105 Class A preferred..... Class B common........ * 100 Texas Corp common 25 199 Title Guaranty Co cum pf._* '"""50 32 34 A 8 Nov. 26 7 8 Nov. 26 Nov. 30 7 Nov. 30 7*4 Nov. 18 8*4 Nov. 10 31 35 230 2,394 Capital. * 16,543 United Aircraft Corp cap 5 4,093 United Corp of Del common * 350 100 85 26 % 3H Sale 3% 100 U S Industrial Alcohol com.* 6,000 4,809 U S Petroleum Co capital... 1 U S Steel Corp common * 57,252 39,063 ;; 2,945 Utah-Idaho Sugar Co com..5 25 i, 2,420 Vica Co common 110 Wailuku Sugar Co capital.20 758 25 10,140 Warner Bros Pictures com..5 493 West Coast Life Ins Co cap..5 100 Western Union Teleg com 100 200 West'g'se El & Mfg Co com.50 "loo Los "l"40 53 A Sale 2.25 - Sale 33% 3% 27% 34% 4% 29 75c 80c . 45*4 15 65*4 Sale 1 i* 12 23 Sale Jan. Jan. 10 10 42 Oct. 14 9 31 Nov. 9 1 85 Nov. 1 81 38*4 Nov. 30 3*4 Nov. 26 28 Nov. 18 19 63*4 Sale 85c Nov. 71 Nov. 12 9 IK 6 Sale 6 OVs 7 Nov. 30 7*4 Nov. 10 7% OA 7*4 9 9 7*4 Nov. 2 Nov. 28 26*4 21% 24 25*4 116 Nov. 117% 121 3 118 118*4 118 Nov. 3 July 6 Mar. 30 Apr. 4 2 28 70c 40 Nov. 18 Nov. 25 May 27 1 Mar. 31 1.00 Apr. 8 18 May 26 k 117 18 9 Nov. 35*4 Nov. 15 3*4 Nov. 26 28 Nov. 18 70c Nov. 25 61*4 Nov. 28 8*4 Jan. 31 55*4 July 2 35c July 28 9*4 Oct. 21 8 Jan. Nov. 13*4 Nov. 16 30*; Sale Feb. 85 29 * Mar. 25 31 34 83*4 85*4 38*4 Sale 3*4 3*4 75c 25c 4 34 June 7 *4 June 8 40*4 June 20 25*4 June 7 12*4 Nov. 29 44 27 Nov. 26 June 8 June 22 9 Union Carbide & Carbon— 100 8 7 50 17*4 Mar. 28 §8 15" 30 37 7*4 8 15*4 Superior Portland Cement 175 280 7 8 Sale Mar. 30 June 30 Mar. 30 Oct. 13*4 Nov. 16 40*4 June 20 36*4 Mar. 16 * -i Nov.** 1 Nov .[30 38*4 85 . 28^ Oct.U8 Nov.18 1.55 Jan. 12 71* Nov. 12 Jan. 13 Jan. 17 19** May 25 18 July 11*4 Feb. 22 21*1 26 118 Mar. 30 Nov.* 3 Angeles Stock Exch. MONTHLY AND YEARLY RECORD RANGE OF PRICES ON THE LOS ANGELES STOCK EXCHANGE Stock Sales November.. 1938 Shares- 567,355 6,252,200 Jan. 1 to Nov. 30AGGREGATE SALES LOS ANGELES STOCK EXCHANGE 1937 530,516 13,126,774 Bond Sales 1938 1937i November Jan. 1 to Nov. 30PRICES IN $5^500 NOVEMBER RANGE SINCE JAN. 1 Since In November Shares STOCKS Jan. 1 p 400 Assoc Gas & El A 700 59,500 1,500 ""ioo 787 Banditti 300 1 5*4% preferred 1 1 ........ 500 r B common 4,900 Broadway Dept Store 417 Brock & Co 2d pref 100 193 800 600 1,300 1,300 4,200 Fer footnotes 10 10 com 100 9,400 Buckeye Union Oil com._..l Common rot tr ctfa 8,500 1 Preferred rot trust ctfs..l 9,100 2,000 Byron Jackson Co 900 California Packing Corp....* <a3,489 Central Inrestment Corp. 100 3,800 Chapman's Ice Cream Co...* : 9,400 Chrysler Corp ..5 16,100 Consolidated Oil Corp......* * 12,600 Consolidated Steel com Preferred 19,700 see page 65 Lowest Highest Sale Prices Sale Prices 3*4 Nov. 22 4*4 Nov. 18 * ..100 10,200 Berkey A Gay Furn Go Warrants 2,000 62,200 Bolsa Chica Oil Corp A 300 3,700 Highest Sale Prices ....1 Petroleum Co Barker Bros common.... 500 Barnhart-Morrow Cons 500 "T.ioo Lowest Sale Prices Shares. 87 Ac Mar. 18 2 A May 24 5 33 19c 75c 30c 3 Nov. 22 Nov. 18 Nov. 26 Nov. 30 Nov. 7 33 Nov. 22 19c Nov. 18 85c Nov. 7 Nov. 30 30c 3*4 Nov. 12 "§~"Nov"23 'I6*4N"o"v."I5 Oct. 33 25c 45c Oct.E31 Jan.) 6 Apr. 30 Apr. 2 >2*4c Mar. 30 25c May 26 1*4 Mar. 10 62*4c Mar. 22 6*4 June 9 Nov. 30 2c Nov. 30 3c 3c 2 May 25 May 16 Apr. 4 Oct. 28 15 Sept. 26 18*4 Mar. 25 17*4 Nov. 30 1 81*4 8*4 6*4 9*4 1*4 JulyAl7 5*4 Oct. 13 13 2c 2c Mar. 23 24 1.00 Jan. 50c July 19 4 18 4*4 Aug. 30 >2*4c Mar. 22 12*4 July 20 10 5c 5c 5c Feb. 23 Jan. 22 Feb. 8 Feb. 26 20*4 July 21 20*4 Apr. 16 21 Nov. 30 1.10 10 21 Nov. 2 Nov. 18 Nov. 1 Nov. 18 36 88 Nov. 1 Nov. 22 Nov. 9 9*4 Nov. 9 7*4 Nov. 9 11*4 Nov. 10 88 Apr.. 1 1.00 Sept. 26 Mar. 31 7*4 Mar. 31 2*4 Mar. 30 7*4 Sept. 24 Nov. 1 1.45 Mar. 23 Nov. 9 10*4 July/19 7*4 Oct.* 26 11*4 July >19 SALES AGGREGATE In Jan. 1 Shares 200 1,500 1,700 6,000 74 moo 300 . 800 1,400 ""loo STOCKS 1*366 43* 10 434 43* 39 40 100 Honolulu Oil 2,500 100 2,000 "3400 12,400 14,500 500 1,400 67,100 1,125 4,000 200 200 200 14,800 1,400 2,900 300 2,300 1,800 ... 1,100 300 ~2,700 1042H 166 First 166 15c" 17c Sale 10 234 Sale 4 43* 65c • 1.25 25c 4c 90c 75c Sale 35c 6c 2 143 i 600 55,400 72,000 1,211 21,686 182.800 12,700 26,400 130,700 Preferred Rice Ranch oh Warrants ""263 300 2,500 105 1,800 1,300 100 600 4,500 6,500 1,100 2,000 100 40,700 8,400 2,500 400 ""286 1,000 100 ""300 4c 9 654 Nov. 21 3534 Nov. 9 Nov. 1 1.05 Nov. 7 2 Nov. 17 3954 Nov. 17 42 Nov. 18 Nov. 17 2 Nov. 18 35c Nov. 29 4c Nov, 18 7c Nov. 22 95c 1.10 9c Nov. 25 3034 Nov. 21 354 Nov. 10 434 Nov. 10 Nov. 25 60c Nov. 4 254 Nov. 2 23 Jk* 50c Nov. 25 354 Nov. 9 9 25 May 26 65c Mar. 21 1.30 Jan. 27 44 Oct. 4c 1054 7c 554 2 334 80c 9 25c 3c Nov. 5 25c 4c Nov. 26 1 1.75 35c 454 Nov. 12 4 Nov. Nov. 18 Nov. 29 1 Nov. 29 16c Nov. 3 16c 3 Nov. 23 50c Nov. 23 49c 9c Nov. 14 10c Nov. 7 6c 21c Nov. 28 21c 18c 823*c 80c 7 Nov. 4 30c 30c 85c 8 36c! Nov. 28 Nov. 21 28c 1434 Sale Nov. 17 4 Nov. Nov. Nov. 16 Nov. 17 1434 Nov. 1254 Nov. 29 1 25 Sale 2834 3134 2854 26 3154 2854 109 754 2034 8 83* 42 Sale 25c 7 common.* Sale 1 25c Sale Sale 234 Sale 3 3 24 143* 10c 34 5c Sale 223* 373* 26 3* Sale 2434 24)4 254 31 11 Sale 234 Sale 15 10 54 Sale 18 54 Sale 63* " 53* 7* 63. .25. 1% 534 2 3* 6 33* "254 "3" 2054 Nov. 14 40 20c 7 234 354 3 20c Nov. 23 954 254 354 454 253* Nov. 30 Nov. 2 Nov. 15 30 Nov. 2 Nov. 25 11c Nov. 21 Nov. 2 Nov. Nov. Nov. 253* Nov. 283 143 1534 28 Sale Sale 38 25c Sale 6c 333* Nov. 18 38 10 Sale 10 Nov. 12 Nov. 41 39 28 283* 2654 28 2754 Nov. 23 263* 26 9 Nov. 10 Nov. 10 393* Nov. 2 Nov. 5 Nov. 16 Nov. 4 Jan. Oct. 5 13 93* Mar. 26 Jan. Nov. Sale Mar. 26 Mar. 31 July 20 5 Mar. 25 1.10 Mar. 30 3 30 16c 234 May 20 1.05 Mar. 30 1254 Mar. 30 1.25 Apr. 22 23* Mar. 16 23 Oct. 24 1354 Sept. 14 5c Mar. 30 18 May 26 25c Feb. 4 754 Jan. 3 1954 May 31 35 Jan. 27 2554 Apr. 1 Apr. 1 200 1,200 242.450 662.800 101.950 17.700 297,000 1,500 10,000 2,200 10.309 102,700 700 8,700 500 Alaska Juneau Gold m 18c co—10c Cardinal Gold Mining Co.—1 Cons Chollar gas Co 1 Imperial Development Co.25c Prince Cons Mining co—10c Tom Reed Gold Mines co—1 Zends Gold Mining C0......I lc t)nl 200 300 1,200 Colic Black Mammoth Cons m Colic Calumet Gold Mines 1,600 11,200 1,100 Amer Tel a Tel Co Anaconda Copper Armour & Co (111) Mining. 50 ...5 25 ..—5 2,000 Bendlx Aviation ....—5 1,700 Borg-Warner Corp 1,200 Canadian Pacific Ry......25 900 Caterpillar Tractor ......* -..* 200 Cities Service Co 1 200 Claude Neon Lights lnc 3,200 Columbia Gas a Elec Corp.* 2,200 Commercial Solvents.......* 1,100 200 6,500 400 "loo '""366 100 154 6c 7c 8,500 1,300 25,800 1,000 1,800 3.000 3,400 700 Com'wealth a Southern—. Continental Oil Co (Del).—5 Curtlss*Wright Corp...——1 Class a —1 Electric Bond a Share 5 600 1,200 9,300 Corp. General Electric Co....... " * No par 3 500 McKesson a Robbtns 8 4 434 203* 29c 8c 9c 234 Sale lc 13*c lc 2c 75c 40c 15c 21c 10c 33*c 43*c 1034 2434 3934 283* 263* Aug. 20 July 20 Oct. 25 1334 2234 2034 Mar. 5 Nov. 23 534 Nov. 21 Nov. 10 4 Nov. 12 334 Nov. 30 354 Nov. 18 3c 20c Nov. 16 4c Nov. 16 8c Nov. 4 134 Nov. 10 lc Nov. 22 55c 21c 55c 15c Nov. 17 Nov. 7 43*c 33*c Nov. 3 46 954 Sept. 21 654 Nov. 26 Mar. 31 17 Jan. 26 6 Nov. 7 Nov. 29 l6 1 July 21 6 33* Apr. 354 Sept. 13 2 June 18 19 Mar. 18 23* Mar. 24 4 934 Nov/10 Nov. 29 Nov. 19 Nov. 4 234 Nov. 12 13*c Nov. 17 55c Nov. 17 15c Nov. 7 4c Nov. 16 24c 8c 8c 954 Oct. 12c 3*c 6c 4 Mar. 23 May 17 June 23 134 Sept. 13 lc 50c 15c 3c 12 k 9 1 534 634 4 Nov. 12 19 Mar. 18 354 July 29 13 Feb. 39c Oct. 2 4 163*cAug. 16 22c 1834 Nov. 9 5154 Nov. 29 1493* Nov. 17 Nov. 26 3854INov. 6 Nov. 28 Sale Nov. 18 "1934 "203* 354 554 Nov. 19 434 2354"No"v."l4 "IlH "lVA 2354 '4734 "4834 3* 873*c Nov. "5%"No"v."29 52 9 Nov. 7 2k 30k 434 Sale 113 1J 29 6j 654 253* 25! Nov. 19 Nov. 4 83 113 Nov. 4 4 11% Oct. 14 Oct. 18 Nov. Nov. 29 29 Nov. 2 Nov. 73 27! Nov. 9 Nov. 9 4 Nov. 28 9 1334 Nov. "4lH 36 Nov. 26 2654 Nov. 10 39 "83 t Delisted April 954 Sale s1^ 15,1938. 11 Delisted May 25,1938. Nov. 21 8 5134 Nov."28 43! * ...5 9 Nov.ii 2654 Nov. 10 Nov. 28 4734 Nov. 28 1754 Nov. 28 143* Nov. 1 * Removed Sept. 8. a 95* Nov. 475* Nov. 14 3 3 10 3 9 83* Nov. 21 5334 Nov. 9 2154 Nov. 9 17 Nov. 23 654 July 18 Aug. 3 734 Nov. 22 25 June M 3 Nov. 14 Oct. 24 Nov. 10 July 13 June 15 17 754 July 15 Sept. 23 834 Jan. 26 Oct. 6 1.00 Sept. 15 223* Mar. 29 93* 1334 Nov. 30 1493* Nov. 16 26 413* Oct. 17 52 534 Sept. 4 2 21 Jan. 3654 Mar. 23 9 Aug. 10 4 Nov. Nov. 30 Oct. May 9c 36 154 154 2954 405* 9 21 14 15 July 134 June ""734 ~~7v 854 June 1434 Jan. 30 Nov. 29 30 5 Mar. 25 73* Nov. 25 Nov." 14 954 Mar. 4934 Oct. Mar. 2134 May 454 June 25 Aug. 112 Jan. 434 Apr. 6 July 11 Mar. 14 33*c 50c Oct. 21 Oct. 17 25c Mar. 22 Aug. 26 Oct. 21 4 Nov. 10 Jan. 12 July 25 Jan. 20 July 23 Feb. 23 Jan. 12 July 13 Aug. 16 July 26 July 21 Nov. 21 Jan. 11 3054 Nov. 9 Nov. 534 Nov. 21 354 Nov. 25 4 Nov. 12 14434 145k 2854 293! .... 6,700 Montgomery Ward a Co....* • 17,200 n y Central rr 1 55,900 No Amer Aviation lnc 4 Nov. 30 ..... 954 Nov. 21 6,100 International Tel a Tel....* 2,700 Kennecott Copper Corp... value, 5 4 Feb. 30 26 28 2 25 10 300 General Foods Corp 1,300 Goodrich (b f) Co close of business Oct. 20, 1938. Oct. Oct. 25c Nov. Nov. Nov. Nov. Nov. Nov. Sale Electric Power a Light 100 Loew's InC ""266 17 17c 30 17 12 2 30 3 July 19 July 2 39 2154 3454 334 900 International Nickel Co—..* '"366 31 Nov. 23 Nov. 30 __ 13 Nov. Oct. Nov. Nov. July Aug. 2 1034 654 1854 1654 854 9 11 20 14 14 3 Nov. 30 Nov. 30 8 Mar. 26 Nov. Aug. July Nov. Jan. Nov. 254 354 454 253* 33* 7V Nov. June 9 24 May 26 31 154 55c Oct. 654 July Sept. 14 9 22c 7c 7c Nov. Jan. 19 Aug. 25 26c 9 Mar. 31 9 14 25 19 4034 Nov. 16 Mar. 30 Sale 4 10c 2 4 10 5 26 1554 July ■_ 1234 May 19 9 3* May 24 Nov. Nov. 26 10,100 (The) Aviation Corp (Del). 100 Aviation & Transportation. 1 100 2c 25c" "35c 12 105 4,100 200 lc 334 Jan. stocks— sted Amer Rad a Stand San... "166 100 3v4 93* July Nov. 10 Sale 22 10c 1.20 Jan. 49c 2 Sale j* 22c Jan. Nov. 30 Sale Sale 42 % i* 7c 8c July Sale 1034 954 Sale 1954 Sale 16 1734 854 Sale lie* Jan. 21c 30c Nov. 600 Am Smelting & Refg Co. 200 Atlantic Refining Co ""165 10c 25c 13*c 20c 70c 4 Nov. 10 mining stocks— 21,100 19,000 1,000 2,100 4,000 Aug. 26 9c May 5 254 Jan. 26 25c Oct. 10 Sale 8 3 7 50c 2334 Mar. 31 30 28 Apr. 25 31 26 Sept. 8 273* 1854 Mar. 26 26 h 3254 Apr. 30 42 10134 Mar. 29 107 Mar. 9 73* May 7 2054 1434 Oct. 1 73* May 26 Nov. "3134 3034 31 1954 Sale 3034 Sale 234 23* M 20 Nov. 10 Nov. 10 Nov. 14 2254 Nov. 30 3854 40 Nov. 30 25c <3™ Sale *10,H 24 26 3 454 Nov. 1 4034 Nov. 16 Nov. Nov. Nov. 2754 25 73* Nov. 334 Nov. 30 29 108 Nov. "7 3* "Nov." Sale Sale 30^ "34" * 2634 Nov. 29 42 Nov. 9 Nov. 16 Nov. 2054 Nov. 14 Sale 454 Sale 16c 2 12 13 73* 9 30 413* Nov. 108 Nov. 3034 Nov. 2834 Nov, 28 4 3054 Nov, 25 "41" 4054 4154 1063* 1083* 654 734 183* 20 40 19 5 27c 9 8 2834 303* 273* 12 723*c Oct. 113* Feb. 16 10 ........... Aug. 3 Feb. 19 8 Oct. 10 Sept. 26 May 16 June 18 25c 50c 11 223* July 6 10 July 29 254 Oct. 6 8 Aug. 13 573*c Apr. 8c Aug. 26 Oct. 18 Aug. 27 103* Aug. 27 Jan. 20 Sept 30 18c Mar. 30 3034 Nov. 21 33* Mar. 6 Jan. 5 634 July 26 June 9 Jan. 16 May 10 75c 454 Nov. 12 Mar. 26 6 7 1.00 Apr. 57 3*c 12c 25c 6 1.30 Sept. 8 2.50 Aug. 18 June 20 50c 49c 3c 24c 26 Jan. Jan. 9 Nov. Oct. 6 76 223* July 554 Apr. 254 Nov. 25 35c Nov. 29 4c Nov. 18 7 23 9 7 23 19 3554 Nov. 76 40c 5c 45c Robert Public Markets.....* 337,100 Sierra Trading Corp...—25c * 16,300 Signal Oil-Gas a 140 Signal Petroleum Co 1 6,400 Sontag Chain Stores Co Ltd. * 32,400 So Calif Edison Ltd com...25 2.642 Original preferred......25 21,300 4% preferred.........—25 5 34% preferred 25 17,400 25 100 So Calif Gas 6% pref 7,100 So Calif Gas a 6% pref...25 10# 51,800 Southern Pacific Co * 42.100 Standard oi1 of Calif 12,200 Sun ray oh Corp.—........1 22,800 Superior Oil Co common...25 700 Tayior Milling Corp.... * 130,600 Transamerica Corp..._...—* 83,6001 Union oh of Calif 25 45.100 Universal Cons oh Co 10 3,200 Van de Kamps Bakeries * 10 100 Victor oh Co 915 Weber Showcase a Fix pfd—* 1 15,800 Wellington Oil Co 500 Western Air Express Corp—1 200 Western Pipe a Steel Co..10 8,400 Yosemlte Portl Cement pref10 3554 Nov. 80c 10 400 SheU Union oi1 Corp 18,700 1,300 3 21c 28c 1.15 Ryan Aeronautical Co......1 800 Safeway Stores Inc...—...* 2,085 Samson Corp b common....* 9,700 4% Preferred...........10 2,904 Security Co units..........- 100 Nov, 18 Nov, 21 534 Nov, 2334 Sale 234 Sale 434 434 60c 62 3* c 354 Sale 10c 50 Co......—1 Richfield oh Corp 9 10c 25c 21 2554 Mar. 31 634 Sept. 26 7 Jan. 27 354 Mar. 29 33* Mar. 12 17 Apr. 7 48c ..* Republic Petr Co Ltd 6c Apr. 340 5354 Nov. 9 834 Nov. 22 1054 Nov. 12 10 49c" 60c 13c 1,900 Puget Sound Pulp a Timber* 2,400 8 6c 4c Jan. 6 399 1154 .Ally 5354 Nov. 954 July 12 July 7 July Nov. 21 10 654 Mar. 31 523*c May 25 454 53* 683* 1054 1154 103* July 21 954 254 43c 854 * preferred...... 1054 Nov. 18 11 Nov. 5 Nov, 28 823*c Nov. 2 7 370 Nov. 18 Nov, 473* Nov, 28 ib.* 234 Pac Lighting Corp 500 Pacific Western oii Corp 365 32^ 35c Pacific Indemnity 300 Nov, 21 93* Nov, 25 10 75c 2 9c 27 5 26 18 13 24 43 1.05 5c Oct. Oct. Oct. Nov. Oct. 1.10 Aug. 354 Mar. 25 43* Jan. 26 Apr. 20 454 Nov. 10 Nov. 22 23 Co......10 com.....* 485 $6 preferred.. * * 1,400 Pacific Public Service.. 200 5 4 10 3234 1st pref 6% ...........25 5 h% 1st preferred 25 4,000 1,600 11,300 3,100 434 Corp...—.—* 1,600 Hudson Motor Car Co.......* 14,800 Hupp Motor Car Co 21,600 Intercoast Pet Corp ....... 1 24,600 Jade Oil Co 200 Langendorf u Bak b —.* 96,698 Lincoln Petroleum Corp 1 84,600 Lockheed Aircraft Corp..—1 95,400 l a Industries Inc.......—2 10,600 l a Investment Co........10 15,700 Mascot Oil Cj 1 262,900 Men a sco Mfg Co............1 4,736 Merchants Petroleum co—1 52,300 Mid-Western oh Co 1,770 Mills Alloys lnc a —* 575 b * 19,200 Mt Diablo Oil Ming a Dev..l 273,200 Nordon Corp... ....—5 30,700 Occidental Pet Corp....... 1 —.......i 37,300 Oceanic Oil Co 6,800 Pacific Clay Products ♦ 1 14,500 Pacific Distillers lnc 20,100 Pac Finance Corp common.if Preferred series a....—10 1,740 760 Preferred series c ..10 25 6,000 Pac Gas a Elec Co com Highest Sale Prices lH ne 57,100 Hancock oh Co a........—* 76,800 Holly Development Co 1 f: 610 Holly oh Co ..—5 100 Lowest Sale Prices 823*c 365 380 93* 103* 493* 50 8 93* —.—--* Preferred Highest Sale Prices Nov. 30 673* "683* 1054 Sale 9 — $5 Lowest Sale Prices 454 Bid 80c • 3,200 1,212 34,600 2,500 Ask Bid 1 Ask Nov. 1 1938 6,800 Creameries of arlca ▼ t c_* ..........25 1,160 District Bon 1,000 Douglas al» ..aft Corp-.-.—* 1,500 Electrical Products Corp—4 14,300 Emsco Derr a Equip Co.....5 175,700 Exeter oh Co a 1 344 Farmers a Merch Nat bk.100 1,100 General Metals Corp...—2.50 21.600 General Motors Corp......10 * 3,300 General Paint common.. 9,200 Gladding McBean a Co * 13,300 Globe Grain a Milling Co..25 353 Golden State Co * 5,100 Goodyear tar Akron com.* 30 RANGE SINCE JAN. NOVEMBER IN Price Jan.S Share* , 65 exchange PRICES LOS AN GELES STOCK EXCHANGE Since November stock angeles los Dec., 1938] 33* Mar. 31 2434 Oct. 13 53* Mar. 25 Sept. 13 Mar. 31 36 Nov. 26 1034 Mar. 31 8 28 47 Sept. 14 534 Mar. 31 2734 Mar. 31 50 July 25 53* Mar. 28 29 Mar. 28 1054 Mar. 26 Removed Oct. 10,1938. 6 Mar. 30 19 9 12 Aug. 8 234 Oct. 27 323* Sept. 12 Oct. 25 2754 Oct. 25 Oct. 14 20 10 10 1354 July 4554 Jan. Nov. 18 39 2654 Nov. 10 533* Oct. 10 5 115* Oct. 47 k Nov. 9 50 July 25 83* Nov. 21 5334 Nov. 9 2154 Nov. 9 17 Nov. 23 6 Suspended from trading 66 LOS ANGELES AGGREGATE SALES In Jan. 1 Shares PRICES Shares 100 300 1,200 600 1,200 300 2,800 300 ' '"566 300 T.800 200 American Co...... Nov. 1 Packard Motor Car Co RANGE SINCE JAN. Lowest 19 H Highest Sale Prices Ask Sale Prices 19 54 26 454 5 12 Nov. 14 Paramount Plcturea Inc.. Radio Corp of America... Radio- Kelth-Orpheum.... 6 9 Nov. 9 3 254 Nov. 15 195* Nov. 2 21H Nov. 28 '2054 '20K 54 95* Nov. 19 35* Mar 30 65* Apr. 7 26 7 54 Nov. 28 TH 3 5* Republic Steel Corp...... Nov. 4 59 14 Nov. 10 125* Apr. 21 Nov. 14 5 6 J* Nov. 29 18 4* 9 75* Nov. 17 Nov. 9 455* Nov. 9 385* Nov. 22 45* Nov. 10 625* Nov. 29 685* Nov. 9 753 Nov. 2 38 54 135* 754 Nov. 29 425* Nov. 21 355* Nov. 15 3 54 Nov. 22 38 .. 9 1454 100 Unlo»* Carbide & Carbon. 300 2,900 5,700 3,000 9,600 21,300 200 700 "700 1,900 Unltec ' ttrcraft Corp..... United C. rp (Del)........ U S Rubber Co........... U S Steel Corp........... 100 Warner Bros Pictures... 6 Westlnfthouse Elec & Ulf. .50 Oct. Nov. 26 21 65* Sept. 14 445* May 28 5 Apr. 20 345* May 31 105* Mar. 29 815* Sept. 29 Apr. 9 45 Studebaker Corp......... -25 Texas Corp .26 Tide Water Assoc OH Co. .10 Oct. 55* Jan. 255* 265* 675* 155* 5 9 June Apr. Nov. 9 11 July Sept. Nov. Oct. 55 7 10 16 19 14 13 Nov. July July July 95* 555* 95* 465* 155* 815* 385* 45* June 1 Mar. 31 Mar. 26 1185* 27 21 21 Oct. June 20 2 Nov. 13 Oct. May 24 195* Mar. 24 1354 Nov. Standard Brands Inc...., Standard Oil Co (N I).... .25 Nov. 10 July 5 Mar. 29 1 J* June 2 21 ■' Sale Prices 13 255* Nov. 16 215* Nov. 3 54 5* Socony-Vacuum Oil Co... Southern Ry.._.......... ..... 1 Highest Nov. 10 Nov. 10 95* Nov. 19 ... Lowest Sale Prices 15 Mar. 29 10% Nov. 9 55* Nov. 9 125* Nov. 10 Nov. 22 Ohio Oil Co Seaboard Oil Co of Del... 500 Sears Roebuck & Co...., 2,200 1,300 4,600 1,000 9,500 2,200 2,700 100 1938 Bid North NOVEMBER Jan. 3 UNLISTED STOCKS 3,500 2,700 10,700 7,600 20,300 5,200 10,500 1,000 IN Price Since November LOS ANGELES STOCK EXCHANGE STOCK EXCHANGE Oct. Jan. July 16 Oct. 21 Sept. 19 23 29 22 17 13 9 8 July 19 995* Sept. 29 685* Nov. 1 ■ MS RANGE OF PRICES ON Stock Sales November Jan. 1 to Nov. 30 SALES In November 39,380 564,953 CLEVELAND STOCK EXCHANGE Jan. 1 Shares 1937 43,471 342,862 Shares_ AGGREGATE PRICES Since 115 185 STOCKS 1938 Bid Nov. 1 Ask 6 11 41 8 68 5* 92 45* "with proxy".......... 57 cum prior pref 100 76,690 tBrewing Corp , 15 Canfield Oil 65 95 17,350 2,814 * cum prei Cleveland Rys ...100 800 Cleveland Ac Buffalo Trai 89,839 Cliffs Corporation v f c —• 2,934 Colonial Finance Co com 220 Commercial Bookbinding...* 12,759 340 145 1,095 1,042 1,389 80 125 Dow Chemical loo"" "II! 12 "If"* Sale 2 58)4 35* 61 1015* 112 30 31 15H Sale* ~2954 "39" 18" 18 100 304 Fostoria Pressed Steel..... * 173 General Tire preferred...100 300 246 Great Lakes "554 25* 80 18 1,914 488 192 55 """Io 103 123 658 5 137 18 908 364 2,005 700 25 448 ...........50 1 Preferred 7,414 NatlonaljReflnlng. 701 Preferred . . 427 170 195 2,968 665 611 817 620 42 859 3,840 """50 125 70 ..... .25 40 345* 1,425 3,099 2,701 5,145 22,200 3,378 3,374 5,425 Otis Steel Co common.. "if 40 254 65* Nov. 4 50 64 19 Sale JH 3 6054 Sale 111 .. 20 Mar. 21 July July 21 95 July 12 75* Sept. 28 63 May 7 113 19 Nov.30 60" "Nov. 112 7 28 105* Nov, 14 15"" "Nov ."30 14 65~" Nov.'lO 25* Aug. 12 415* June 3 Nov. 19 112 Nov. 19 June 15 107 54 Jan. 205* Nov. 12 1854 Nov. 29 Sale 1354 2154 Sale 195* Nov. 10 10 235* Nov. 12 11 Nov, 7 10 17 135* Sale Sale 17 8 Mar. 29 11 May 18 May 23 22 116 1165* 66 70 16 19 4 Nov. 30 Nov. 665* Nov. 1654 16 354 Nov. 17 3 25* Nov. 4 July 27 July Sept. Jan. Apr. July 4 2 34 36 Nov. 9 205* Nov. 17 ii% 66 205* 25 66 4254 Nov. 16 33 28"" 205* Nov. 17 4254 Nov. 16 31 33 29 31 16 40 11 16 .... 335* 3854 100 "6"" 40 Sale Nov. 15 3854 Nov. 100 3854 Nov. Nov. 5 6 Sale 35 37 1654 1354 4J 13 19 15 16 100 554 Nov. 35 5* Nov. Sale 1654 iH i«8 15 5 5 16 16 Nov. 3 5 Nov. 30 Mar. Jan. Jan. 17 30 Feb. 12 13 June 55* Nov. 14 195* 25* 18 15 16 17 Nov. 32 40 32 Nov. 18 20 3 75 60 1654 Sale 25* 3 75 40 44 52 3 2 5* 1 27 29 33 30 12 12 25* 15* 2654 305* 7 X?* sai JL 10 19 1054 75* 165* 145* 12 "13" Sale Sale S M A Corp common..... 1054 3354 5 17 Nov. 7 Nov. 30 Sale 3554 354 385* 354 154 H 45* 55 IK 5* Sale 27 7 6 4 13 654 2 Sale 6 12 254 18 25* Sale 100 1754 Nov. 25 2 54 Nov. 10 5 17 Nov. 7 Nov. 30 354 Mar. 30 125* 1054 18 1454 Sale 454 405* 145* Nov. 12 10 11 10 17 12 155* 1654 Nov. 19 145* Nov. 14 34 54 Nov. 25 35 34 4 Nov. 16 185* Nov. 15 1454 Nov. 14 365* Nov. 3 24 3854 "Nov." "3 r56":rNov"I6 28 105^ 4 14 Sale 45* Sale 6 754 15* 254 13% 1554 70 354 Sale 105* 1354 354 Sale 454 Sale 6 154 14 54 11 Nov. 9 354 Nov.30 454 Nov. 1 45* Nov. 14 115* Nov. 10 4 Nov. 5 Nov. 12 1 26 Jan. Jan. 22 Oct. 26 Alar. Feb. Sept. Feb. 8 June 15 1454 Nov. 954 May 15 July 85* Apr. 30 12 19 20 26 Mar. 28 Mar. 26 July 12 July 12 11 18 8 June 16 Oct. July 23 35 Sept. 26 2354 Oct. 26 554 July 5 115* Nov. 10 25* 35* Nov.30 154 June 8 7 5 754 July 254 Jan. Mar. 26 15* Sept. 27 1454 Nov. 4 1454 Nov. 63 4 63 5 Nov. 10 Apr. 29 95* Mar. 30 Aug. 15 7 26 Sept. 19 Nov. 12 Jan. 17 Feb. 10 12 21 3 8 17 Feb. 28 June 30 5 7 Sale 70 Oct. 28 3354 July 354 Nov.30 19 July 30 Sept. 3 Sept.10 Jan. 11 2 35 25 54 July Apr. 21 754 Apr. Nov. 55* 34 Mar. 30 20 145* Nov. 12 18 27 25* Mar. 19 60 Aug. 27 3 54 June 2 12 Apr. 9 Nov. 30 Nov. 4 Nov. 30 1054 48 13 18 25 26 4 Mar. 23 Nov. 18 8 29 31 29 254 Nov. 16 Sale June 2254 Apr. 22 255* Nov. 25 45* Nov. 16 55 135* 45* 16 10 Nov. 15 7 Nov. 2 3 Nov. 7 154 Nov. 29 54 Nov. 10 10 43 Apr. 12 1 35* Nov. 44 1254 35 Jan. 554 Mar. 29 Sept. 3 85* June 11 254 Sept. 23 40 Sept. 26 154 June 3 54 Mar. 16 12 21 ""35* Nov. 3 Nov. 18 Jan. Jan. Jan. Jan. Oct. Jan. 2 8 7 14 July 7 Nov. 30 Jan. 21 52 11 32 1654 Nov.30 254 Nov. 3 17 32 14 29 23 31 16 3 Nov. 14 6 25 Jan. 1454 Sept. 28 3154 Apr. 2 88 Apr. 12 Jan. 13 Mar. 31 Sept. 15 16 26 Oct. Nov. 9 Jan. 19 June 1 16 35 25j 2554 Sept. 205* Nov. 4354 Nov. 26 Apr. 5 27 Nov. 21 3 24 Oct. 19 654 Nov. 10 3754 Nov. 18 1754 Nov. 23 Nov. Nov. Nov. Nov. 19 July 14 Jan. 34j. 1 Feb. 28 Jan. Jan. Oct. 36 3 Jan. Aug. 9 Mar. 3154 Jan. 22 Jan. 32 85 54 13 1554 1854 95* 754 84 13 354 235* Nov. 12 60 25 Nov. 10 Oct. 7 Jan. 12 Mar. 30 1 1654 Nov. 19 25* Nov. 1 12 22 109 23 145* 35* 2 5* 32 13 17 21 28 25 17 9 9 11654 Nov. 70 Nov. 3 2054 85* 45 1354 23* 354 85* Aug. 40 July 9754 May 1254 Jan. 66 Sept. 2054 Jan. 254 July 65 Nov. 13 112 185* Nov. 29 6 20 3 cum 16 80 1854 Sale 14 25 9 17 554% Mar. 15 Aug. 9 Mar. 25 - 954 Nov. "W* 85 "654 "U54 Seiberllng Rubber.........* Preferred.. ..........100 Drug... Corp pref 180 Youngstown Sheet & Tube— July 13 854 Nov. i 72 40 95 13 10 31 W R I 65* Nov. 10 26"" Feb. 1 Nov. 12 Nov. • c Second payment endorsed. Nov. 4 4 1 5 13 45 May 25 63 Jan. 25 Nov. 4 85 60 pref series A. 100 No par value, a In liquidation. b First payment endorsed. fName changed; formerly Peerless Corp. — 65* 73 60 5 Reliance Elec Ac Eng........ Richman Bros 4,244 Weinberger 14 2854 31 1654 Sale 254 354 1854 .... 410 55* 2 Patterson-Sargent.........* 696 Union Metals Mfg Co.. 854 May 31 6 1 * 4,524 Upson-Walton 23,165 Van Dora iron Wks Co 1,108 Vlchsk Tool 3,753 Warren Ref Ac Chem com....2 13 1154 Jan. 21 1654 Feb. 21 Mar. 26 Aug. 1954 103* 12 37 15 16 Packer Corp...............* 1 Stouffer Corp— Class A $2.25 cum pref....* 303 1,960 Thompson Products Inc com* 2,425 Troxel Manufacturing. 454 Apr. 7 554 Mar. 23 8 4 9 4 9 73" - 954 85 2054 3 98 • _.......* Nov. 854 Nov. 95* Nov. 1354 Nov. 14 14 100 • 9 7 3254 * Brass B 578 Ohio Confection "918 . ... 1354 Nov. 1554 Sale Prices 97 * 174 Nineteen Hundred Corp A..* 1,344 Ohio 195* 754 354 National Acme Co common.. 1 11,117 National Tile 2,100 Nettle Le Mur ••A".... 4 Highest Sale Prices m .......100 1,399 Murray Ohio Mfg...... 20 Myers (F E) & Bros Co c 1,389 110 4 175 Miller Wholesale Drug......* 673 Monarch Machine Tool Co..* 48 ""474 Preferred 2,389 Jaeger Machine .........* * 4,800 Kelly Island L Ac T 10,438 Lamson Sessions.... ...* 2,592 Leland Electric.... ._...* 1 3,558 Lima Cord Sole & Heel 305 McKay Machine...........* 2,218 McK.ee (Arthur G) B..._....* 6,567 Medusa Portland Cement...* 3,860 Metropolitan Paving Brick..* 165 1,192 25* 165* 971 Hanna (M A) $5 pref........* 1,835 Harbauer 7,072 Interlake SS......... 7 Nov. — DO °/4. 403 Halle Brothers............ 5 280 17 61 ....100 * Nov. 9 Lowest Sale Prices 23 Towing......100 Preferred 911 Grelf Bros Cooperage 8 10 10 654 9 11654 * 2,132 Goodrich B F Co common 5,256 Goodyear Tire & Rub com..* ' 10 - 95 6854 79 66 "600 Sale 85* 1354 63* 24 Elec Controller At Mfg.. Faultless Rubber. acFederal Knitting Mills.—.* 50 adFederal Knitting Mills...* 486 Poote burt * 55 1 Highest Sale Prices 6 Nov. 23 8 85 109 5% pref.. .100 2,285 35 268 11 Sale 170 a&Federal Knitting Mills....* 1,321 9 854 Lowest Ask 6 10 50 ......100 542 Clev El 111 $4.50 44 RANGE SINCE JAN. 15 43* 3,915 Clark Controller new ....1 1,403 Cleveland Builders Realty..* 10,336 Cleveland Cliffs Iron pref * 130 764 654 100 common Preferred 10 554 of America 55 Canfield Oil 7% cum pref 100 6,888 City Ice ft Puel.......... 689 1937 _ NOVEMBER Nov. 30 Ask Bid 8 10 10 — 465 72 Bid 4 408 71 Par 1,572 Akron Brass MIl common— 2,180 Amer Coach & Body........5 2,316 Ape: Electric & Mfg„ .—• 125 IN 1938 Jan 1,829 Air-Way El Appl 1st 7% pf 100 445 Bond Sales November: Jan. 1 to Nov. 30. Price 3 Shares - THE CLEVELAND STOCK EXCHANGE 1938 Oct. 85 Oct. Oct. 1 20 d Third payment endorsed* 20 20 In the earlier part the country, General Quotations only those dealt in index to of this publication complete records of the dealings on the leading stock we on the different classes of securities are quoted: Page Exchange Seats ................... Federal Land Bank Bonds............... ..111 Joint Stock Land Bank Securities... 83 84 Mining Stocks.......................... 91 Industrial Bonds........................ 81 Municipal Bonds—Domestic............. 91 Canadian............................. 93 Industrial Stocks....................... 84 Public Utility Insurance Stocks....................... Public Foreign Government Bonds.............. 92 99 73 Utility Stocks.................... 78 Bonds Railroad Bonds......................... Investing Companies Securities.......... 72 Real Estate Bonds.... Real Estate Trust and Textile Stocks ......................... Stocks. 84 91 Territorial Bonds.......... 91 Title Guarantee and Safe Deposit United States Government Securities.. ... United States preceding the date of issue. Quotations for all securities are as near as possible for the closing day of the month The letter "f" prefixed to bond prices denotes that the quotation Is a 67 /, Page 71 ..............112 Land Stocks 84 64 Railroad Stocks......................... flat price—that Is, that the accrued interest forms part of the price, provide for it separately in making payment. In the case of Income bonds and designating mark is employed to indicate the fact. therefore the purchaser does not have to always 'flat," and no exchanges of furnished. In this department of combine in one comprehensive whole, securities of all classes and descriptions, not the exchanges, but also leading unlisted and inactive securities. The following is an date, for the latest month and for the calendar year to and bonds in default, the price Is Quotations for equipment bonds are based on average maturities. accrued dividend must be paid in addition to the price. for many inactive and unlisted securities are merely nominal, bat In all Quotations for guaranteed stocks are "and dividend" that is the It should be borne in mind In the use of these tables that the quotations oases the figures are obtained from sources which are considered reliable. The following abbreviations are often used, vis.: "M" for mortgage, "g" for gold, "gu" for guaranteed, "end" for endorsed, "cons" for consoli¬ "op" for optional. black-faced type in the letters showing the interest period indicates the month when the bonds mature. dated, "conv" for convertible, "e f" for sinking fund, "1 g" for land grant, The NOTICE—All bond prices Bid Bonds RAILROAD BONDS Aberdeen A Asheboro 1st 5s'40JAJ Adirondack 1st 4Mb 1942 gu MAS Akron A Barb Belt g 4s 1942. JAD Akron Canton A Youngstown—Gen A ref 6s 1945 series A.AAO Gen A ref 5Ms 1945 ser B.AAO Alabama Great Southern-1st cons g 5s 1943 ser A...JAD 1st cons Is 1943 ser B.....JAD Alabama Tennessee A NorthernPrior lien 6s 1948.. JAJ Gen income 6s Oct 1948...JAJ Alabama A VickBburg By— 1st M g 5s 1974 s riee A..MAN Albany A Susq 3 Ms g 1946—AAO Alleghany Corp— Coll tr conv 5s 1944—...FAA Coil A conv 5s 1949———JAD Coll A conv 5s 1950——AAO 5s stamped 1950..——AAO Allegheny Valgen 4s 1942--MAS Allegheny A Western— 1st mtge guar 4s 1998—-AAO American Refrig Transit— Equip 5 Me series B 1939--MAN Equip 5s ser P, G A H, *41-'45 Ann Arbor 1st g 4s 1995..—Q-J Ark A Mem By Bridge A Term— 1st M 5s 1964 MAS Aroostook Nor 5s g 1947—AAO Atchison Topeka A Santa Fe— Gen mtge gold 4s 1995-—-AAO Adjustment 4s July 1 1995 Nov Stamped ..........—.MAN Conv g 4s of '09 due 1955. JAD Conv g 4s '05 due 1955..JAD Conv g 4s of '10 due 1960. JAD s Conv aeb 4M« 1948---.—JAD Trans S L 1st g 4s 1958... J A Cal-Arlz lstAref4 Ms'62 opMAS are Mand interest" except where marked "f" and income and Atlantic A Yadkin gu 4s *40. AAO w 25 60 70 Aug Term 1st gu g 6s 1947—AAO Austin A Northwestern— 98 M 33 33 105 yK 103 6M 36 35 70M AAO 5-yr sec notes 4 Ms 1939—FA A Conv g 4 Ms 1960 FAA Bef A gen 5s 1995 series A.JAD Ref A gen 6s 1995 series O.JAD Ref A gen 5s 2000 ser D..MAS Ref A gen 5s series F 1996.MAS 103 M 8 79 M 77 . Rocky Mt Div 4s 1965— A J Athens Term By 1st g 5s '37—JAJ / See Seab'd Air Line Atlanta A Charlotte Air Line— 1st M 4M 1944 ser A JAJ lot M 5s 1944 ser B JAJ Atlanta Knoxville A Northern— 35 104 45 4.00 5.00 36M 60 36M 104M 92H Bessemer A Lake Erie— 3.00* 4.00< 38 96 105 87 M 87M 92"" 87 M 99 M 108 105 M $1* 92 106"" 99 M Atlanta Terminal 6s 1939...FAA 99 102 4s 1951...JAJ 11954——MAN 60 63 78 92 Atlantic Coast Line BB— 1952—MA8 Conv deb 4s 1939 op '16—MAN Gen unlfser A 4 Ms 1964—JAD 10-yr coll tr 5s May 1 '45.MAN 85M 1 '62.MAN 69 M 2.50 Lou A Nashv 4s Oct Equipment trust 4Mb Eq 4Kb 1939-41 E (yr) FAA Eq tr 2 Ms 1939-52 AAO Atlantic Coast Line (Conn)— Lrred ctfs of indebt 5s JAD Atlantic Coast Line of 8 C— Gen 1st g 4s July 1948——JAJ Ati A Danville 1st 4s 1948—JAJ * 2d g 4s 1948 JAJ bBasis 87 95 66 M 76 M 2.50 2.75 P 1.50 2.00 95 85 93 96 31H 29 M 2.75 97 4 H* impt 1978 FAA 1st mtge 4Ms ser A 1943—AAO 3 Ms Jan 1 1951 JAJ Ref 3 Ms 1952 gu N Y O—AAO Boston A Maine RR— 1st mtge 5s ser AO 1967.—MAS 1st mtge 5s ser II-1955—..MAN 1st mtge 4 Ms ser JJ1961.. AAO 5s series AA 1944........AAO 60 65" 69 M 55 Sg* 55 58 Canadian Pacific— 5s series DD 1945—......JAD 5s series FF 1947 JAJ 27 30 101M 75 102 2.40 106 M 2.00% 107 M 3.75 3.00% 84 • 1111 73" 74 . Cons deben 4s perpetual--JAJ 30 20-yr coll tr 4 Ms 1946—MAS Coll tr 5s 1954 JAD 8 f 4Ms Dec 15 1944—JAD 15 Coll tr 4Ms I960— JAJ Conv coll tr 6s 1942 MAS 15-yr conv colltr 4s 1949—JAJ Conv coll tr 3 Ms 1951—FAA Conv coll trust 3s 1945 AAO 5s series U 1941MAN 5s series V 1942.........MAS 5s series W 1942.........AAO 28 30 Coll trust 2 M8 28 30 28 30 MAN 28 JAJ —FAA JAJ 24 5s series R 1940..—.....MAN 5s series T 1941. .....MAS Mtge 4 Ms 1944— Mtge 4s 1942 Mtge 3s 1950. 33 .30 k Last sale, n 97 2.00% 98 Canadian National Rys— 70 /This price includes accrued interest. FAA Oct '63—JAJ .——.JAD 5s series Z 1943 80 5 Equip trust 2 Ms 1939-47—A AO Canada Atl Ry 1st 4s 1955.. JAJ Canada South 5s 1962 ser A.AAO 23 5s June 1942 113 25 M 58 5 71 82 93 M 82 60 102 Imp 1st 4s '40 Big Sandy By 1st g 4s 1944—JAD Birmingham Southern— Equip trust 3 Ms Dec. 11938-46 Birm Term 1st g 4s 1957 gu.MAS Bluff Point Land A 108 89 1st cons 4s July 1 Gen M g 4s 1955 Cambria A Indiana RR— Boston A Albany 5s 87 4 JAJ 4M« guar 1957— JAJ 4Ms guar 1951 ...MA8 4Ms guar 1956.. FAA 4Mb guar 1955 JAD 15 40-yr 5s guar 1970— FAA 5e guar July 1 1969.. JAJ 5s guar Oct 1 1969 AAO 5s guar 1954 FAA 16-year guar 3s 1950..—.JAD 13-year guar 3s 1950 JAD Guaranteed 3s 1944 MAN 7-year guar 2s 1943.. FAA 4-year guar 2s 1942 JAJ 17-year guar 3s 1953 -FAA Eq tr 4Mb 1939-1942 (gu) MAN Eq tr 4Mb 1939-45 (ann).JAD Equipment trust 5s Canadian Nor deb 6Ms *46..JAJ Canadian N W4Ms Oct 22 1943.. Equip tr 2Mb 1939-1947-MAS 101 1st mtge gold 5s 1946...—JAD 1st cons 4s Mar 1 2002—MAS 1st 5s ext May Certificates of deposit Cambria A Clearfield— 1st 5s g 1941 Boonvilie St L A Sou 5s '51.FAA 104 Atl A Birm. Atlantic City 1st 10 Con g 4 Ms 1957 MAN Buff A Susquehanna RR Corp— 1st 4s Dec 30 1963 JAJ Burl Cedar Rapids A North— Con 1st A coll tr 58 g '34—AAO Toledo A Oin Div 4s 1959.JAJ 8* 50 ly* 85 m 4s1950 ! JAJ Buffalo Creek 1st 5s 1941....JAJ 1st ref 5s 1961 JAJ Buffalo Rochester A Pittsburgh— _ Bangor A Aroostook— 1st M 5s g Jan 1 1943— JAJ Cons refund g 4s 1951..—JAJ 4s stamped 1951 Pis cat Div g 5s Jan 1943..A AO St Johns Riv Ext gu 5s '39.FAA Van Bur Ext 5s g Jan '43.AAO Washburn Ext 1st 5s '39..FAA Battle Or A Sturgis gu 3s '89. JAD Bay City A Battle Crk 3s '89 JAD Bedford Belt 1st 5s 1938 JAJ Beech Crk Ext 3 Mb 1951.-AAO Belt BR A Stk Yas (Indplis)— 1st ref gold 4s 1939 MAN Belt By of Chatt 1st 5s '45—JAJ Belvidere Del cons 3 Ms 1943. JAJ o 83 4Mb Juy 15 1947—JAJ15 1st Eq 72 50 5.75 5.75 6s ext to Jan 15 1947 JAJ Boston Term Co 3M« 1947—FAA Pittsb Refund gold 4s 1941...MAN 8 W Div 1st 5s 1950 JAJ 78 5.75 JAD AAO MAN 1st mtge gu g 4s 1955 FAA Bost A Prov deb 5s July 1 1938 Boston Rev Beach A Lynn— AAO 1st M 4s g July 1 1948 1st M 5s July 1 1948 „, • 5s 1939-44 Boston ANY Air Line— Baltimore A Ohio— 2 77 M Equipment trusts— 3 Ms 1939-44 4Ms 1939-43 JAJ Sta 4s 1953..JAJ 1st mtge gtd g 58 1941 Augusta Union Ask Boston A Maine RR (Cont)— 50 96M Bid Bonds Bonds Ask defaulted bonds. Nominal. 26 28 M 24 27 30 27 • 27 27 M 23 M 30 28 28 23 20 30 114M 115M 114 114M 115M 114M 117 118M 102 99 M r 2.90 2.90 2.90 123 M 94 80 97 M 97 % 93 M 102 M 90 86 86 95 M 112 30 27 Oaro Clinch A Ohio 6s '52. JAD 15 104M JAD nsg 117 M 98 M 99 M 1031 100M 101M 98M 1941-.---.AAO Eq tr 5s 1944 JAJ Eq tr 4Msl 938-1945s-a—JAD Caro Cent 1st g gu 4s 1949..JAJ Carthage A Adirondack— 1st mtge guar g 4s 1981 ill'i 115 118M 116M 97 M 99 M 2.90 43 M 48M 2.00% 2.00% 2.00% 123 M 97 68 RAILROAD NOTICE—All bond prices Quotations for all securities are are Bonds Bid Ask Oatawissa RR g 4s 1948 A&O Central Arkansas & Eastern— 100 101H _ Bonds Bid Ref & gen 5sl959 ser f Eq tr 4**s *39-'40 ser P<yr)M&S b Eq tr 4**s '39-'40serQ<yr)M&N b — S 17** 9** fA Mid Ga & Atl 1st 5s 1947-J&J Mobile Dlv g 6s 1946 J&J I ? "5 Gen M (now 5s 1987.J&J J&J Eq tr 4Mb 1939-*41 (yr)-F&A 1st) fti Central Pacific— 1st ref 4s g guar 1949 F&A 1st g guar 4s Oct 11954—A&O HI* Guar g 5s 1960 F&A European loan 4s 46 -—M&8 Central RR & Banking of Ga— Coll tr 5s ext'd to 1942—M&N g notes, notes. 1946 notes, notes, 101 5* 116 % 95 m 9 90 66 68 15 19 Gen ref gold 4s 1950 J&J / 1st cons ref 4**s '52 opt.-M&N 25 Proof of claim filed 65 - 69 70 90 57 ^ 58** 99** 60** r 87" Gen & 1.75' 2.00' 95** 1st f 5**s 1972 series A..J9 s f 5s 1973 series B_.il Equip tr 2**sser A 39-'52h b _ 86" 42 88 2.50 2,00% 425* 103" 5s 107** 114 onsol Rys <N H) deb 4s '54.J&J / Deb 4s 1955 J&J / Deb 4s 1955 A&O / 10 10 10 10** 10** Deb 4s 1956 guar J&J / Cuba Co extend 3s 1955. J&J / Cuban Nor Rys 1st 5**s, '42 J&D Cuba RR 1st g 5s 1952 J&J 10 10 ** . 99** 94 15 13 j* 7**s extended to 1946.....J&D 6s extended to 1946 J&D Imp & equip 5s 1960 M&N Danbury & Norw ref 4s 1955. J&J f Dayton Union Ry 1st 4s '49.J&J Non-cum inc 5s 1955(w-s) Chic Indianapolis & St Louis— 66 101 104** 104 Equip trust 4s Apr 1 1939-'49_ Denver & Rio Grande Western— Gen income 5s Aug '55...F&A Assented subject to plan Ref &lmpt5s 1978 ser B__A&O Chicago Lake Shore & Eastern— 46 36 38 20 38 24 56 5.00 4.00% ff con g con g 4s 1936 4Hs 1936 J&J / J&J / Apr r 1st 4s 1950 -J&J Des Moines & Fort Dodg< Otfs of dep for gtd 4sl935. J&J ff Des Plaines Val 4**s 1947—M&S Det & Mack 1st lien 4s 1995.J&D / 2nd Mort. gold 4s 1995...J&D / Detroit Term & Tunnel— 1st guar 4 Ha 1961 Detroit Toledo & Ironton 1st 5s Mar 1 1964- 13 J 143 P 14** 6.00 6.00 11 5.00% 5.00% 5.00% 12 13 93 95 J&J 101 . 40 2.25% 106 16 75 80** 81** 102 105 100** Elgin Jol & East 5s 1941—-M&N 106 102 107 Elmira & El Paso & Southwestern RR— 1st & ref 5s 1965 .....A&O k Last sale, 1965-.......—- n 76 Nominal. 84 94 §!* 95 84 85 74 „74H 2.50 2.00% 1.75 2.00 i.io% 1.25% 2.00 1.25% 2.25 1.75% 85 60 102 100 70 50 50 8** 53 10 72 Stmpd (July 1 1933 79** A&O 73 50 J&J io5" 50 cpn on). Gulf Terminal of Mobile— 1st mtge g 4s 1957 gu H&lM rtford" Hocking Valley Ry— 1st cons gold 4**s 1999 J&J Eq tr 5s 1939 (yr) J&J 6 HolidayBburg Bedford & Cumb 1st M g 4s 1951 guar J&J Holyoke & West 4**s 1951--A&O Housatonic con 5s 1937 .M&N Hudson & Manhattan— 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 Illinois Central— 1st Nor Div 1st g 4s 1948 A&O Edmonton Dunvegan & British Columbia Ry 4**b 1944—A&;0 / This price includes accrued interest, 1st 5s 1950 series C Gulf & Ship Island RR— . 70" East Tenn & Western N C— Williams port— 1st 6s 1910 ext at 4% 1950.J&J Income 5s 2862 A&O El Paso & R 11st gu 5s 1951 .J&J 99** 95** 88 J* 85 Hoboken Ferry 5s 1946—M&N M&N Eq tr£*is 1939-1947—M&N b 2.85 Detroit & Toledo Shore Line— 1st gold guar 4s 1953 J&J 103 Dext & Piscataquis 4 Ha '49—J&J 65 Duluth Missabe & Iron Rani 1st mortgage 3 **s 1962—.j 105** 5s stamped 99 H 93** Gulf Mobile & Northern— 1st 5**s 1950 ser B......A&0 Harl R & Portch—See N Y N Harris Ports Mt Joy & Lane RR Ext 4s 1943 J&J 55" J&J / 15 1940.-J&D / 65 East Penn 1st 4s 1958—..M&S 102 13 H 63 Guayaquil & Quito 1st 5s '32 J&J2 65 20 50 26 1st extended 5s 1965 M&N East Tenn Va & Georgia— Consol 1st g 5s 1956 M&N Eastern Ry of Minnesota— o90 3.25% iW J&J 7 ' 11 1st gold 5s 1937 Dutchess Co RR 4**s 15** 97 112 80 Greenbr Ry 1st g gu 4s '40.M&N 103 Green Bay & Western— Debenture ctfs A Feb / 54** Debenture ctfs B Feb f 7** 12** .... Duluth South Shore & Atlantic— — 94 1st ref & term g 5s Feb '52. J&J Denver & Salt Lake Ry— Inc mtge 6s Jan 1 1960.An loo 99 110 Greenbrier Cheat & Elk— 1st 5s 1944 J&Jl W Va Midland Ext 6a '54.J&J Guantanamo & Western— 1st M 6s 1958 series A 18 {d Denver & Rio Grande— 1st 1st 99" 99 93 — 6 Eq tr 4**s 1939-*42 (yr)..M&N Equipment trust 5s b Equipment trust 5**s b 1st M 4**s 1969 opt 1919.J&D Chic Memp & Gulf 5s 1940.-J&J Chic Milw & Gary 1st 5s '48.A&O Chic Milw St Paul & Pac RR— 39 54** Delaware Lackawanna & Western Short Line 1st 4s 1953 A&O Chic June RR 1st 4s 1945—M&S Chic June Ry & Un Stk \ds— Coll tr ref 5s 1940 ..A&O Coll trust ref 4s 1940 A&O 98 91 Eq tr 2s 1939-1947 M&S Eq tr 4**s 1939 M&S& Eq tr4**s 1939-1940 Diyr) J&J,6 Western Fruit Express— Eq 5s J'ne 15 1939 «yr)J&D ft Eq tr 4**s 1939-1940—J&D b 35 v 102 94 Del & Bound Br 3**s 1955..F&A Delaware & Hudson— 1st & ref gold 4s 1943 M&N Monon Coal— 34 103" 101 - 38 J* 85 * Gen mtge 4s ser G 1946 J&J Gen mtge 4s ser H1946 J&J Gen mtge 3**s ser 11967—J&J 2 25 25 __ 26" 23 M&S 42 4.50%. 103** Great Northern— 1st & ref g 43*8 *61 opt '41-J&J Gen M 5**s 1952 ser B J&J Gen M 5s 1973 ser O J&J Gen 4**s 1976 series D J&J Gen 4 3*8 1977 series E J&J 83 1951 / 1st g gu 4s % July 1 1950—J&J Eq tr 5s Dec 14 1938-'43 <yr) Grays Pt Term g 5s 1947 J&D 30" 27 1st 40 Gen 4s 1962 Can Govt gu__ J&J Grand Trunk Western— 109 109 Conn River gold 4s 1943. Connecting Ry «Phila)— 1st M gu 48 Mar 15 '51 n 112 101 20 (Mountain and Pralrle)4s 1955 (Lake Superior) 4s 1955 1st 4s Feb 25 *39 Alb gu..M&N 1st 4s Feb 15 *42 Alb gu..M&N 108k Columbus & Hocking Valley— Certificates of deposit. Chicago & Eastern Illinois— 1st consol 6s gold 1934—.A&O / 85 Chicago & Erie 5s 1st g '82 _M&N 80 Chic Great West 1st 4s 1959.M&S / 19 ** Equip tr 4**s "A" 1945—A&O b 7.00 Chicago & Illinois Midland Ry— 1st mtge s i 4**s ser A '56 M&S Chicago Indiana & Southern Ry— Con mtge g 4s 1956 guar—J&J Chicago Indianap & Louisville— Ref M g 6s 1947 series A—J&J Ref M g 5s 1947 series B—J&J Ref M g 4s 1947 series C—J&J > 1st & gen 5s 1966 series A.M&N 1st & gen 6s May '66 ser B.J&J 4 M&N 6 5.50 1st 4**s 1941 J&J 1st 33*s 1941 J&J Grand River Valley-—See Mich Central— Grand Trunk Pacific— 1st M 3s 1962 J&J 80** Coal Rfv Ry 1st 4s gu 1945. J Connecticut & Pa 1st gold 4s 194: Eq tr 4**s 1939 s-a Gouvernour & Oswegatchie— 1st 5s 1942 J&D Grand Rapids & Indiana— 73** Colorado & Southern— 4*js ser B 1977—F&A 1st & ref g 5s 1971 ser A—F&A Illinois Div 3 Hb *49 op *29.J&J 48 July 1 1949 J&J Eq tr 2 M* 1939-47 A&O Chicago & Eastern 111 mew co)— Gen M 5s May 1951 M&N 17* - 87 79 72 f 4**s 1977 series 0—A Olinchfleld RR— 10 1st & ref 60-yr 5s 1975 series A F&A Conv adj 5s Jan 2000 A&O Chicago Milwaukee & St Paul— Gen g 4s A May 1 1989 J&J Gen g 3 Kb B May 1 1989.J&J Gen 4 *<s May '89 series C.J&J Gen 4**s May '89 ser E J&J Gen M 45*s May '89 8er F.J&J Equip trust 35*s 1939-53A&0 Eq 4**s "39-'43 E & F <yr).J&J Eq 4Hs '39-'41 G & H iyr) J&J Eq tr os '39-'40 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— Gen M5s '87 stpd inctax.M&N GenM4**s'87 stpd inc taxM&N GenM4**s'87 stpd inctaxM&N 15-year 6**s Mar 1936. M&S 1st & ref 5s May 2037 J&D 1st & ref 4J*s May 2037—J&D 1st & ref 4 Hb May 2037 O J&D Conv g 4ms 1949 ser A M&N Eq 4Ks *39-'42(yr)ser A.M&N Chic R I & Pac Ry— General gold 4s 1988 J&J / Certificates of deposit / Ref g 4s 1934optto 1911—A&O Certificates of deposit Sec 4Ha 1952 ser A M&S Sec 4** ser A certifofdep..... 30-yr conv 4Ha 1960 M&N Trustee ctfs 3Ks 1947........ Chicago St Louis & N O— Con g 5s June 15 '51—J&D 15 Con g 3 Hb June 15 '51. J&D 15 s s II 13 Girard Point Sfge 3 Ha *40- A&O 102 ** Goshen & Deckerfn 1st 5 **s 1978/ 25 2nd ext 6s 1979 M&N 40** 1st M 1st 105** 85" I 4**s 1961 45 12** 7 Ga Sou & Fla 1st g 5s 1945—J&J Deb 5s 1952 A&O oo 4*$s 1977 ser A.l 1981 ser B„, Cleveland Terminal & Valleylst 4s gold guar 1995 M Cleveland Union Terminals— 112 109** rer Gen & ref 4**s _leve Short L 1.75' 1.00 3j 100 98 Certificates of deposit / 2** Georgia Fla & Ala 1st 6s '52.F&A / 5 Georgia Midland 1st g 3s '46.A&0 35 Ga RR & Bkg ref 6s 1951—A&O 108 4s Jan 1 1947 J&J 97 100 Ser C 3 Hb gen gtd 1948. Ser D 3 Ha gen gtd 1950—1 m J* 3** 1st M 6s 1946 series A—M&N 60 100 Ser B 1** f f Georgia Carolina & Nor— Ext at 6 % to July 1 1934 Georgia & Florida RR— 100 55 I in 3 / Cleveland & Pittsburgh— 100 / 4**s 1982 Fort St Un Dep Det 4 Ha *41 J&J Genesee River 6s 1957 J&J f Ga& Ala 5s Oct 1945 J&J f Ga & Ala Term 1st g 5s 1948. J&D [ [ 100 con / 103** [ C W&MDiv 1st4sg '91. 1st Proof of claim filed / Certificates of deposit., f Fort Dodge Des Moines & Sou— 1st 5s 1938 J&D 108** 108** 108 r 102 i 118 96 Chicago & Alton RR— Refunding g 3s 1949 A&O Chicago Burlington & Quincy— Gen M 4s 1958 M&S 7* 80 101 35 > 8** ! 2.00% 2.6E 95 1075* > 55 63 38 60** 8 Eq 4**s '39-'41 H (s-a)...M&S Florida Southern gu 4s 1945.J&J Florida West Sh 5s 1934 J&J / Fonda Johnstown & Gloversv— Amended Cleveland Akron & Columbus— 1st cons guar g 4s 1940—F& Clev Cine Chic & St Louis— 49** 991 96 2 6 96 Chester! & Lancaster 5s *55.F&A b Basis. 1015* I 100 ** 100 _ J&D 101*| 1 12 98 96 102 f Certificates of deposit Valley— * 90 100** 2.40 Equip tr 2s 1939-1947 M&S 2.40 Eq tr 2**s 1939-1946 J&D Eq tr 3s 1939-1950. A&O & 2.50 1.50 Eq tr 4**s '39-'40 (yr).„A&O 104 ** Craig Valley 1st 5s g 1940.J&J Paint Creek Br 4s 1945—F&A 105 Potts Creek 4s 1946 J&J 104 R & A Div 1st con g 4s *89.J&J 1105* 2d con g 4s 1989 J&J 104 Warm Spr Val 1st 5s g '41-M&S Mem Div 1st 4s 1951 31** M& * Eq trust 2**s 1939-52 -J&J _ Florida East Coast 4**s *59-J&D f 1st & ref 5s 1974— M&S f 35 100 E 1996 F&A J&J 1941.—.——J&J 1942 —J&J 1943———J&J 1944 J&J 1945.....—J&J notes, 75 Cin Northern RR 1st 4s 1951. Cincinnati Union Term Co— 3.00% 85 3 **s ser notes, 1940 notes, 63 29 H 1 4.25 General 4**s gold 1992—M&S Ref & lmtp 3**s D 1996—M&N Ref & .mpt 15 Clearfield & Mahoning- M&N 5s 1939 34** 10 54** Chattanooga Sta 4s 1957 gu—J&J Chesapeake & Ohio— cons 32 3^s series 0 1940 72*1 69 *j 56 22 23 12 Erie & Jersey s f 6s 1955 J&J / 45 Erie & Pittsburgh— Gen gu g 33*s ser B 1940.-J&J 102 895* J/ 90 Eq tr 5s Dec 14 1938-'44 »yr) — Char & W Carolina 5s 1946—A&O Chatt Rome & Sou 1st 5s *47 J&J 1st Cinn & Muskingum 4.75% 41 j* 21 95 93 *f Cincinnati Lebanon lst consol gtd 4s 1942 22 H 22 53 Central RR of South Carolina— 1st ref 6s 1939-1976.. Central Vermont Ry— A&O / J&J Florida Central & Peninsula— 1st cons 5s gold 1943 J&J ^ ' impt M 5s 1975 J & Northern- I 25** 22 g Ref & Eq 4**s '39-'4l LL (s-a)..M&S Eqtr 4**s 1939-'43 (s-a)..M&S 88 ** incinnati Hamilton & DaytonGeneral 5s gold 1942 J& in Ind & West 1st 5s 1965.M& 4 Ask 40 ** 20** 18** 18 18 12** 12** / 90 Choctaw Oklahoma & Gulf— Consol gold 5s 1952 M& 7 Gen M 4s 1987 105** 107** 105** 102** 88** J&J f Gen lien gold 4s. 1996 J&J f Conv gold 4s 1953 ser A._A&O Series B 1953 A&O / Series D 1953 A&O f Ref & imp M 5s 1967 M&N 63** 49** H rtH o o Chicago & Western Indiana— 6.50 8 Oconee Dlv 1st 5s 1945 J&D ]r Cent New Eng 1st gu 4sl961 J&J / Central of New Jersey— 47 H[ Chicago Union Station- Prior lien gold 4s 1996 5.00% 35 Ohatt Div gold 4s 1951—J&D Macon & Nor g 5s 1946—J&J ' 6.0() 63 13 _ / / / C—A&O f Bid Brie— 0 12 Bonds Ask Chic St Paul Minn & Omaha Ob J&J f 1st 5s 1940 Cent Branch Union Pacific— 1st 4s 1948 J&J Central of Georgia— 1st M g 5s Nov 1 1945 F&A Cons gold 5s 1945 M&N Ref & gen 5**s 1959 ser B.A&O BONDS "and Intorest" except where marked "f" and Income and defaulted bonds as near as possible for the closing day o the month preceding the date of Issue 78 95** 1 llM 91 20 26** 31 45 S8. 12 50 A&O gold 4s 1951 J&J 1st gold 3 **s 1951 J&J Mam L ext 1st g 3 **s '51.A&0 1st g 3s sterling 1951—M&S Coll trust gold 4s 1952—A&O Col tr L N O & T g 4s '53.M&N Ref mtge 5s 1955 M&N Ref g 4s 1955 opt 1918-M&N Pur liens 1st g 3**s 1952—J&J Jt 1st ref M(IO&OSL& N O) 5s 1963 ser A J&D Series C 4**s 1963 J&D 40-year 4J*s Aug 1 1966.F&A Eq tr 4**s 1939 K F&A Eq tr 4**s 1939-1940 L—A&O Eq tr 4**s '39-'41 M (s-a) .M&N 118 1.25% ** 1** 81 80 80 85 75 51" 54** 49 49** 60 54 61** 47** 515* 485* W* 46 44** , 44k 2.50 3.00 2.00% 3.50 2.50% 1.50% «9 RAILROAD BONDS Dec., 1938] NOTICE—All bond prion an "and Intarast" excopt whara markad "f" and Incora. and Quotations for all securities are as near as possible for the closing day of the month preceding Illinois Central—(Concluded) Eq tr 434s 1939-41 Ser N.A&O b Eq tr 3s ser R 1930-1952—M&S b Carlo Bridge 4s g 1950—J&D Litch DivTst 3.25% 60" Prior lien 434s assent cash warr't & scrip ret No 4 on 4334 4434 1st 67 73 b 4.50 Equipment trust 5s...... b 4.50 Equipment trust 534s—_ -— 63 Omaha Dlv 1st 3s g 1951..F&A St Louis Div 334s g 1951..J&J 47 St Louis Div 3s g 50 95 1951 J&J Sp'field Div ext 334s 1951 J&J Western lines g 4s 1951 F&A Indiana Bloomington & Western— 1st ext 4s 1940 A&O Indiana Harbor Belt RR— Genl mtge 4s 100 4s '39_M&N Manila RR Sou Lines 60 87" Memphis Union Station 102 107 1957—......J&J J&J 5s Nov 1 1959—Mi 55 guar.Mi International— Asst (cash warr & coup) _ 11 58 70 1234 18 Ref & imp M 3 34s 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 / 9934 4s „ J&J 1st M 5s 1956 ser O Eq tr 434s 1939-42 (yr)._ A&O Internet Rys (Central America)— Purch money 5s 1972.. J&J Jackson Lansing & i?* 1st 3 34s Sept 1 Joliet & Northern 17 66 1951—Mi 69 Indiana— 63 7534 86 87 50 12 Air Line— 60 11 3 - 84 A&O / Michigan 9434 62 Midi RR 4% franc bonds / N of Midland 13 1434 / 434 234 1534 16 J— 6234 30 25 / / 1st 5s July 1 1939 10034 Cons 100 6s 5534 Mil 58 Ji 1947M Joliet & Nor Ind See Mich Cent 3834 Joplin Union Depot Co— 1st g 434s 1940 guar opt.M&N Certificates of deposit.. 105 Kana & Mich 1st 4s 1990.-A&O Kan City Ft Scott & Memphis— Ref g 48 1936 guar A&O / Certificates of deposit.. 7734 3434 I IV4 f 72 Income 5s Mar 1934 Sept 1 / 67 70 Kan City Sou—1st g 3s 1950 A&O Ref & Impt 5s Apr 1 1950--J&J 61 b 3.00 Eq tr 3s F Jan 1 1939 1943 Kansas City Terminal Ry— 10634 1st g 4s 1960 opt 1930 J&J 80 " 1334 2334 73 87 10234 Minneapolis Northfield& Southern Ry 1st 6s '41--M&S Minn St P & Sault Ste Marie— / '41op'16. linn Terminal 1st 3 34s '5C Minn Transfer Ry 3Jis 195 Missouri Illinois Bridge ai 1st Ch Ter s f 4s 107 90 104 «. '37 75 88 b 90 47 7534 6334 21 2034 2034 8634 1st & ref 5s 1977 ser F_._M&S Certificates of deposit 4734 1st & ref 5s 1978 ser G—M&N Certificates of deposit...— 1st & ref 5s 1980 ser H Certificates of deposit 7734 6534 2134 2134 2534 2334 1st & ref 5s 1981 ser I Certificates of deposit F&A Conv g 534s 1949 ser A M&N Secured 534s 1938-1956—J" ~ ff iin i i* 75 56 58" 66 11034 Gen 114 J&J 50 Litchf & Madis 1st 5s 1959.M&N 96 Little Miami guar 4s 1962—M&N 10034 Little Rock & Hot Spr West Ry— 1st gold 4s 1939 guar J&J / 14 Long Dock cons 334s 1950—A&O / 60 Long Island— Unified g 4s, 1949 80 M&S 8234 Refunding mtge 4s 1949.-M&S 4s stamped 1949 M&S 8234 2.50 Equip tr 5s 1939 (yr) A&O b 3.75 Equip tr 434? 1941^5 fyr)_F&A b Los Ang-Pac Co ref 4s 1950—J&J 51 Louisiana & Ark 5s A 1969 J&J 81 3.75 Equip trust 334s to 1946.-A&O b 65 Lex & East'n lstgu 5s 1965.-A&O Lincoln Park & Charlotte— 5s 1939 • 75" 1st guar g 4s 1991 J&J Macon Dublin & Savannah— 1st 5s 1947 J&J gold 334s 2002 Monongahela Ry Co— 1st mtge 4s ser A 1960 Monongahela Sou 5s 1955 Gen 6s 1955 53 8134 3.00% 100 92 10034 1st M 4s 1978 ser A Eq tr 234s 1939-1952 National Rys of Mexico— Prior lien 434s— 96 1734 334 534 3.50% 3.50% 534 60 86 109 7134 75 61 B—M&N New York & Long Branch— 64 M&S 60 M&S 75 1957 / July 1914 coupon on 1957—- / July 1914 coupon off 1957 / scrip receipt No 5 on 1977- / General gold 4s 1941 General 1st 5s 1941 5834 6034 ifc Last sale, n Nominal. 1334 534 1134 Deb 6s Jan 15 '48 conv—J&J15 Deb 4s May 1 1957 M&N Deb 4s July 1 '55 non-conv J&J 12 Deb 4s 1956 non-conv...M&N Deb 4s 1947 non-conv M&S 1134 1134 1134 1134 2134 1234 334s March 1947 M&S Deb 334s 1954 non-conv—A&O Deb 334® 1956 conv .-J&J 15-year secured 6s 1940—A&O 1st & ref 434s 1967 J&D Equipment trusts— 6.00 3s 1939-1951 M&S 434s9-15-39to3-15-45M&815 434s 1939-1946J&J 31 Ref 1st g 4s June 2934 6.00 6.00 6.00 24 50 44 634 434 1992...-M&S J&D Prior lien ext 434s, 7634 1950--M&S J&J 100 Income 4s Jan 1 1939 M&N Stock trust ctfs 4s 1948 J&D N Y Prov & Bos 4s 1942 A&O N Y & Putnam 1st 4s g 1993-A&O 99 48 F&A M&N 33 N Y Phil & Norf— 1st g 4s *39 QO 4.25% 4.25% 4.25% N Y Short Line 4s 1957 N Y Susq & Western— 1st refunding 5s 1937 89 60 11* 934 -J&J 2d mtge 434s 1937-5* F&A Gen mtge. 5s g 1940-—-F&A 104 10 M&N 40 Term 1st g 5s 1943 534 N Y Westchester & Bos Ry— 334 10134 guar—J&J Nord Ry s f 634s 1950 A&O Norfolk & Car 1st 5s 1939—A&O 80 100 J&J 80 2nd 5s 1946 Norfolk Southern— 5534 53 4834 73 3.25 2.50% 15 1st & ref g 5s '61 opt '15-.F&A Certificates of deposit--- — Norf & South 1st 5s 1941 .M&N 1234 57 J&J 25 Norfolk Term 1st gu 4s 1961M&N Norf Term & Transp 5s '48F&A Norf & W Ry 1st con 4s '96-A&0 X04 1954 opt 112 11734 99 Norrist'n & Maine 1st 4s '52 M&S Northern Central— 1 1 1 Gen & ref 5s 1974 ser A—M&S 11434 10534 Gen & ref g 434s ser A '74_M&S Northern Ohio Ry 1st guar 5e— 34 34 134 Apr 1 1935 & sub coups 1945— 4234 Oct 1938 and subs coupons Ctfs of dep stmpd as to sale 34 34 34 35 of April 1933 to Oct 1934.1945- / Stamped as to sale of Apr 1 '33 to / Price includes accrued interest, ser 1st & ref 434s 1973 ser Gen M g 4s 1955 red N Y Pennsylvania & Ohio— Assent cash warrant and 101 A 1973—M&N 1st & ref 4s 1st gen g 58 scrip receipt No 4 on 1957. / Gtd gen s f 4s (Apr *14 coup on) / April 1914 coupon off 1977— f r 12 9634 42 M&N / 34s 2000—M&N Fy 5s May 1946—J&D New York Ontario & Western— Assent cash warrant and 80 108 N Y & Har 1st g 3 55 70 Jan 1914 coupon on 70 N Y & Hob NY & Stamford 4s 1958 5434 5234 4734 b 75 M&S 5s. Har Riv & Pt Ches 4s '54 M&N N Y & N J Ferry 5s 1946 J&J 103 M&N F&A M&S M&S 70 7734 /I 25 Constr'n 434s 1955 ser B.M&N Nashville Chattanooga & St L— 85 -M&N 1938 mtge 434s 1st M g 434s 1946 , J&D 10534 3d Deb 37 J&J 10434 10334 18" 120 Morris & Essex 334s 2000 Constr'n 5s 1955 ser A 8934 8434 7934 10534 9834 . 46 A&O Montour 8934 18" 115 Montana Wyoming & Southern— 1st mtge gold 5s 1939 M&S 10534 82 5334 6334 334s 1998—-F&A Spuyten Duyvil & Pt Morris— 95 334s 1959 J&D N Y Cent equip trusts— 2.00 5s 1939 J&D 6 2.00 434s Mar 15 1939 M&S 3.25 4 34s 1939-1945 M&N 3.15 2 34s Mar 15 1939-1952 N Y Chicago & St Louis— 83 1st 334s extend 1947-..-A&O 10234 3-year 6s Oct 1 1938 52 Ref 534s 1974 ser A A&O 4534 Ref 434s 1978 ser O M&S 70 10-yr coll tr 4s 1946 F&A 6.00 Equip tr 434s 1939-*44 (yr)F&A 6.00 Equip trust 3s July 1 1939-51 New York Connecting RR— 10234 1st M 4 34s 1953 series A—F&A 106 1st guar 58 1953 series B F&A 55 103 103 97 8134 78 Ref & ref 4 34s ser A 2013- - A&O L S coll tr g 334s 1998—F&A 5234 M&N A&O Montgomery & Erie 1st 5s 1956— RR 1st 5s 1963...F&A 24 M&N NY & NE Bos Ter 4s 1939—A&O / N Y New Haven & Hartford— Monon Coal—See Chic Ind & Lou 1.50% 2.75% 66 I* IYA f 1946—A&O 40 M&S M&S Montauk Ext 1st 5s 1945 22 30 2734 M&S f 90 Ry joint Monon coll J&D M&S / M&S 8334 South East & St Louis Div— gold 4s. 1952 1534 2.75% Mohawk & Malone— Consol 83 Louisville & Nashville— L & N Term 1st g 4s '52 gu - 31 Eq tr 4s 1939-1943 M&S b 5.25 Eq 434s 1939-1942 (yr)..J&J15 b 5.25 Eq tr 5s 1939 (year) ._J&J b 5.25 Montgom Div g 5s 1947--F&A / 20 Louisiana & North West RR— 2d mtge 3s 1980 ...M&S Mob & Mont 434s 1945—M&S gold 4s, 1938 Ref & impt 434s 1977 Secured 5s 1938 t 1st M gold 5s 1935 A&O / Louisville Henderson & St Louis— - f-L 64 50 N Y Lack & Western— "34 Mobile & Ohio- 27 5234 5s assented 1941 A&O 1734 1634 1734 1634 1734 1634 1734 1634 / / / / / / / / "f " 3934 2334 23 A&O 1st & ref 334s ser E 2003—A&O Atl K & Cin Div 4s 1955—M&N Pad & Mem Div 1st 4s '46-F&A 3734 ;:34 5334 b 4.50 Equip trust 5s 1939 '40(yr)M Eq tr 4 34s *39 -'44 F (yr) M&N b 4.50 Mo Pac (old)—Gen 4s 1975-M 3d ext 4s July 11938 M&N Mobile & Birmingham— Prior lien 5s. 1945 J&J 70 60 5s small 1945 J&J 52 Gen M g 4s 1945—....-J&J 54 4s small 1945 J&J 25 Lehigh & N Y 1st 4s 1945..M&8 b Basis. 3.75 4s 1990. 69" 65 4.50 10834 A&O N Y & Greenwood Lake Guar g 5s 1946 80 j 51 Certificates of deposit - Southern 4834 RR^3134 3134 / 1534 10334 8434 s 1st 4s ext g 1947-—- 92 lst gold 31 3234 3234 Cons mtge 4s 1998 ser A—F&A Ref & impt 434s 2013 A...A&O 2d ext 6s 1939 75 - O—A&O — 49" , Missouri-Kansas-Texas 31 3334 New York & Erie RR— 90 60 Lehigh Valley Ry of New York 1st 434s gold 1940 J&J 434s assented 1940 Lehigh Vail Term 5s 1941—A&O ser — 40~ 8634 goln 434s 2003—M&N 434s assented 2003— Gen con gold 5s 2003 M&N 2003 mm 102 58 con 1st & ref 434s 134 134 50 4s assented 2003 1st & ref 4s ser D 2003 67 6634 1st ref 534s 1978 ser B_. 25-year 534? 1949 50 J&D M&N Unified gold 4s 1940---—-J&J 1st & ref 5s 2003 ser B A&O 434 [ St P & S3 M & Cent Ter 50~ —J&D 1st mtge gold 5s 1946 J&J Louisville & Jeffersonville Bridge Guaranteed gold 4s 1945--M&S 8 "334 / / Cong g ref 334s 1997 J&D Leamington & St Clair 4s '45 A&O Lehigh & Lake Erie 434s '57.M&S Lehigh & New England— 1st M gold 5s 1945 J&J Gen mtge 4s ser A 1965—-A&O Lehigh Valley Harbor Term Ry— 1st mtge 5s 1954 ..F&A Lehigh Valley— 1st gold 4s 1948-...——.J&D . 534 534 734 37 82 1st mtge 5s ext at 3% to'47 J&J 2d 5s 1941 J&J Lake Shore & Mich South— 5s assented 2003 8 734 f / Lake Erie & Western RR— Gen 134 57 7934 int at rate 4.8665. Plain 1961 J&J 1st mtge 434s ungar 1961 accr Con M 6s ann lrred Con M 434" ann lrred Gen cons gold 4s 2003 3 3 70 Acer int at exch rate 4.8665- Stmpd "834 i 3534 Kansas Oklahoma & Gulf— 1st M 5s 1978 J&J Kentucky Cent 4s g 1987 J&J Kentucky & Indiana Term RR 1st M 434s 1961 (sterling) _J&J / 33 7034 6834 2.00% 29 32 Ref g 334s July 1 1997—-J&J Deb 4s 1942 tax-exempt J&J 13" r0? fr ?a 106" Kalamazoo & White Pigeon RR • 66 M C coll tr g 10334 94 4634 New York Central & Hud Riv— Minneapolis & St Louis— 103 90 A&O 1st 5s 1954 series B A&O Certificates of deposit.. 1st M 534s 1954 series A—A&O Certificates of deposit.. 1st 5s 1956 series O F&A 1st M 434s 1956 series D..F&A Equip trust 434s Newport & Cincinnati Bridge— 1st M g 434s 1945 guar J&J Newport & Richfor Is 5s 1941 3 34s conv secured 1952 52 36 95 ff Mil&State Line 1st 334s 1941. J 1st 5e June 1 1944 ..J&D Kal & Sou Haven—See Mich Cent 1834 J&J Extended at 5% 1940 M&N Ref & impt 434s 52 ser A J&J New Orl Term 1st 4s 1953—J&J Ref & impt 5s 2013 O 1913 ext at 434% Sparta & NW 1st 4s 69 ..J&J 50-year 1st 5s 1983 10-year 334s sec 1934 (1884)-- Jamestown Frank & Clearfield —J&D 6334 32 f 1st ext 434s 1939——— Con ext 434s 1939 97 20 70 New York Central RR— Milwaukee & Northern— 101J4 105 I 34 — 5 Jackson Lansing & Saginaw— See Michigan Central Jacksonville Terminal— Ref & ext 5s series A 1967..J& J Ref & ext 5s series B 1967- -J&J 6s July 1 1967 ff scrip receipt No 4 on 1951 Naugatuck 1st 4s 1954..M&N New 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 N J & N Y 1st ext 6s 1950—M&S Non-cum inc 5s '35 ser A 94 83 off--1951 Assent cash warrant and New Orleans Texas & Mexico— 3.50% J&D 1st g 4s 1959 guar —— Saginaw Kalamazoo & South Haven- Iowa Central 5s ctfis 1938--J&D / 1st & ref g 4s 1951 M&S / Jacksonville & Gainesville & Gulf Ry 1st 5s 1951 9434 63 18 April 1914 coupon Income deb 5s 2032 New Orl & Nor East 6s 1915 75 8234 1st gold 334s 1952 alleyGrand River ValK M&N F&A 1st M 5s 1972 opt 1st 1 & ref 634s 1947 Debenture 4s 1961 134 — 72 16 334 1634 I / 1 - Michigan Central—■ J&J 1st gold 4s 1950 Indianapolis & Louisville— 1st guar 4s 1956 Indianapolis Union— • *26 f 4s(Apr 1914 coupon on) General 5s Jan 1 1938 New Lon Nor 1st 4s 1940 J&J New Orleans Great Northern— 110 75 1st g gu Mexican J&J f 31 Co— Meridian Term 4s Indiana Illinois & Iowa— 1334 36 27 1st cons A 6s 1963————A* M'shfield & S'east—See Wis C< 96 94 Gen mtge 434s 1957 13 33 / 57 con 1951 3.50% 3.50% 76" 75 National RR of Mexico— 72 ist mtge & cc Conv gen 434« Secured 6s 19 59 84 66 92 Maine Central¬ 2.50% 4.25 Bid Bonds Ask 90 3.50 90 3s 1951.—J&J Louisv Div 334s g 1953 J&J g Bid Bonds Ask Bid Bonds dafaultad bond a the date of issue Apr 1 1938 coupons / .... 35 70 RAILROAD BONDS NOTICE—All bond prices are "and Interest" except where marked **fm and Income and defaulted bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Bid Bonds Northern Pacific— Prior lien g 4s Jan 1997 Q& J Gen lien g 3s Jan 2047——Q&F Ref & Imp 4 Ms 2047 ser A_ J& J 82% 83 26 4M 30 50 60 60 iOlM East 1st g 4s Nov 1 1948 20 22 16 :::: 1st g 5 Ms 1974serie8 05% 99 99 M 101 102 99 70 74 93 M 95 96 106M 108 M 111 109 M 107 M 109M 115M 94 M 116M 102 104 95 91M 92 M 92 86 82 M 86 M 91 80 5.00 1.50 1.50 2.75 2.60 43 M 5 Peoria Ry Ter 4s 1937 gu op.J&J 45 80 M 4.50 1.00 1.00 2.25 2.00 45 M 5M 103 Pere Marquette Ry— 1st < 5s July 1956 ser A—J&J 1st g 4s July 1956 ser B—J&J 62 M 1st 4 Ms 1980 ser C M&S 6 3.25 Equipment trust 4 Ms— Equip trust 2 Ms 1939-46..J&J 6 3.25 Perkiomen RR ext 3 Ms 1951.J&J 83 Phila & Bait Cent 4s 1951—M&N 92 M 69 64 63 2.50% 2.50% 94*" 107M Gen 5s 1974 series B Gen M Oen 102 100 A&O - 4 Ms series 4 Ms 1977 ser C__ J&J D 1981 -J&D ..F&A 107 M 114M 105 110 105 103 M 88 Phila & Chester Val 4s 1948.A&O Phila Newton & N Y 3s 1942 A&O 90 Phila & Reading RR—-See "Readl ngCo." 13 M 14M Piedmont & Northern— 1st mtge 3 Ms 1966 J&O Pitts Bessemer & Lake Erie— 91M 93 J&J 115 Con g gu 4Mb ser A 1940-A&O 4Mb series B 1942 A&O 4 Ms series O 1942 M&N 4sserie8 D 1945.--. -M&N 3Ms series E 1949 F&A 103 4s series J&D 103 M&N 103 F&A 105 F 1953 4s series G 1957 4s series H 1960 4Ms series I 1963 4Ms series J 1964 Gen M 5s 1970 ser A 102 J&J 1st M 4M» 1958 ser A—..J&D 1st M 4 Ms 1959 ser B A&O 1st M 4 Ms 1960 ser C A&O 101 95 104 % 103 M 90 34 'f / 101 } 114 50 105 M 50 b 5.50 Eq tr 3 Ms Apr 1 1939-1946— Eq tr 2 Ms 1938-1946 J&D b 5.50 b 51 4.50% 4.50% 10M 5 6M 6M 8M 5 5L "6% 7 60 14 M 11M 9M 11M 95 90 Manitoba— ext 93 50% 56 0% 10M 9M 31 10% U 5.00 5.00 7 5 8% 7% f Last sa e n Nominal 87 85 2.00 2.25 2.75 2.75 2.75 D 1939-52 2.85 3.10 M&N „ 1st M g 5 Ms 1964 93 % M&S Toledo Canada Southern & Det— 1st 4s 1956 J&J Toledo & Obio Central— imp M 3 Ms ser 86 % 65 A '60 J& D 1st mtge 4s ser B 1967... Toledo St Louis & Western— J&J / 1st gold 4s April 1 1950..-A&O Tol Term 1st 4Mb *57 gu—M&N Tol 1.00% 1.50% 2.25% 2.25% 2.25% 2.25% 2.50% 98 80 §8* 72 88 62% 104 M Walhoudlng Valley & Ohio— 1st g gu 4b 1942 ser O M&S Toronto Hamilton & Buffalo— 100M 96 ■81* 76 38" Transylvania RR 1st 5s 1956. J&J Tulsa Un Dep 1st 4 Ms '59 J&J Onion Depot (Columbus, Ohio) 100 110M 109 : "m> 16% 25 3 6% 6% 9 8M . 16 19M 1.75% 1.00% 112 1st mtge 3 %a 1967. F&A United N J R R & Canal Co— 1st 4Mb Sept 1 1979 M&S S': 95 General gold 4s 1944.. 1st 4s Sept 1 1948 116 M&S 108 M&S 4Mb Feb 1 1973 F&A Gen 1st g 3Ms 1951 M&S Utica Clin & Bing 5s 1939--J&J Vandalia RR— Cons g 4s 1955 series A—F&A ri 6" 109 116 Series B 1957 Vera Cruz & Pacific RR— 1st gtg g 4Ms 1934 July 1914 62"" 111M 105M 115M 05% 05% 109 (Penn) 1st 5s '46.M&S Deb 6s 1946— M&S Onion Terminal Co (Dallas)— 87% coupon off 166 M 105 85 HH cc M&N J&J / J&J / 1st guar 4 Ms assented— Cash war & scrip ret No. 5 on Vermont Vail 1st 4 Ms 1940--A&O % 107M 1 f 1M % 1 63 M 67 69 70 / Vicksburg Bridge Oo— 3% 3M 42 4% 4M 46 1st s f 4-6s 1968 —-M&S Vicksburg Bridge & Term Co— 1st M s f 6s 1958 Debenture 13 35 94 — s f 7s 1948 M&S / M&S / — mt mm ref & impt 5s 1973 Va & Southwest 5s 2003 20"" 78 21 91 81 75 Virginian Ry— 40 15 Pr lien 6s '15 ext 5% *40—M&N Gen 5s May 1 1941 M&N 15 45 1st com g 5s 1958— 1st lien & ref 3 110 —— 63 47 50"" Southern 111 & Mo Bridge Oo— s ser Onion RR 7% 73 f — / This price lucluucs accrued Interest 84 M Vicksburg Shreveport & Pacific— South Bound RR 1st 5s 1941 A&O / South & North Alabama— b Basis 126 102 85 % 04% 34-year 3 Ms debs 1970 —A&O 04% Eq tr 2 Ms ser E 1939-52 -J&J b 2.50 Eq 4Ms Sept 15 1939--.M&S 15 b 1.50 65 South Indiana 1st g 115 M 113 60 90 A&O 90 M&N 1st f 103 01% 105M 107 15M 15 2M 6% 113 % 102 % 72 1st & ref 5s June 2 2008.-M&S 82 f / / / 103 M ' 100 H 60 5s '48. A&O M&N 4s 1951 ..F&A 101M J&J 106M / 5s 1963 102 M 116M 108 70 116 32 102 % 113 1st ry & land gr 4s g 1947--J&J 1st & ref 4s June 2008 M&S 55 M M&S 43 88 100 15" Shamokin Sun bury & Lewisb'g— 2d ext'd 5s 1945 J&J Shrev Bdg & Ter 5s *55 gu—F&A gug 30 10 35-year 3Ms debs 1971--M&N deposit f 5% secured notes 1931 F&A f Receiver ctfs 2-3 Ms '45—F&A cons f / Gen 4Ms 1946 Onion Pacific— £ 96 / m 97 1st gold 4s June 1 1946 ..J&D Consol M 4Ms 1966 ser A F&A 14M 116 m, 22 3 4 40 Tex Pac-Mo Pac Term RR— Ref & 90 75 7 •'"■'•'•I* 15 D—J&D ser 11U 10M / / St Maryrs Div 1st 4s 1951 F&A Toledo Peoria & Western RR— 35M 20 M 13 M 4.25% 4.25% 4.25% 85 2 Ms m _ 98 San Fran Term 1st 4s 1950—A&O Santa Fe Prescott & Phoenix— Mg 4s 1951 y/iVs; 20M 106 38 65 4Ms ser HH 1939-40—M&S 4 Ms ser JJ 1939-42 A&O 4Msser A1939-43— F&A 4s ser B1939-43 M&N 4 Ms ser 0 1939-44 J&D 61 10M 8% 10M 0% 10M 0% 91 1st 4s £ 1940—J&J St Paul Union Depot— 1st & ref 5s 1972 J&J Salt Lake City Union Depot 1st 1013 153 183 1033 Equipment trusts— 60% J&D Mortgage 4s Dec 1 1996--J&D St Paul East Gr Tr 4 Ms '47—J&J / St Paul & Kansas City Short Line 1st guar 4Ms 1941 F&A f Gen 65M 65 2d 5s Dec 1 2000 Ann Mar Gen & ref 5s 1977 ser B A&O Gen & ref 5s 1979 ser C—A&O Gen & ref 5s 1980 60 4s 1968 Sioux City & Pac 3 Ms 1936. .F&A Somerset Ry 1st & ref 4s '55--J&J 1st M 4s July 2 1950—J&J 75"" 58 % Texas City Term 6s 1941 .J&J '26 Texas & New Orl 5s 1943 J&J Texas & Pacific Ry— 1st gold 5s 2000 —J&D 28 St Paul & Duluth— Stamped A&O Adj mtge 5s Oct 1 1949—F&A Ref gold 4s 1959 opt A&O Certificates of deposit 1st & cons 6s 1945 ser A—M&S 2.50 35 63 Gen refsf g 4s '53 opt *10.J&J Terre Haute & Peor 5s 1942-D Texarkana & Ft Smith— 1st M 5Ms 1950 guar F&A 5s series GG 1939 Eqtr 5Ms 1939 (s-a) M&S|& Equipment trust 5s 6 Equip tr 4 Ms 1939-1945-J&J b 108 % ilH 10 65 55 A 1990—-J&Jif Seacoast RR prior lien 50 M 50 41% 16 M Berwick RR 5s 1952 .A&O & Gulf Coast g 5s'53.A&0 North 1st 5s *36 opt.J&J Union Sta 5s 1940—M&N Un Term 4-6 Ms '53—J&J Tavares & Gulf 5s A 1935—.M&S Term RR Assn (St Louis)— 1st gold 4Ms 1939 A&O 1st consol gold 5s 1944--.F&A 58 Southwestern— 1st g 4s 1989 M&N / 2d g inc 4s Nov 1989 J&J / 1st term & unif 5s 1952—J&J / 5s 1942 70 1.50% 1.50% A&O Tampa Tampa Tampa Tampa 106M Atlanta-Birmingham Div— 1st g 4s May 1 1933 M&S / Seab-AU Florida Ry— 68 ser A ctfs of deposit f 6s ser B ctfs of deposit/ 114 40% 15% 25 Certificates of 7 35 2 1 80 Schuylkill & Leh 1st 4s '48.M&N 101M 02% 2 St Louis g P 68 66M 68 104* Susquehanna Bloomsburg & 106^ 48 M 39 1 Certificates of deposit stpd— Eq 4Ms 1939-'41 BB (yr)_F&A Equipment trust 4s Scioto Val & N E 1st 4s 1989M&N Seaboard Air Line Ry Co— 1st gold 4s 1950 A&O K* 2.50 J&D Sullivan Co RR 6s 1944 105M J&J J& and RR 1st 5s 1938. —M&N Salt Lake & Ogden 5s 1934San Antonio & Aransas Pass— 1st guar g 4s 1943 J&J San Fran & San Joaquin Vallst g 5s Oct 1 1940 A&O 67 M 66M 1st M guar g 5s 1940 J&J / Sturgis Goshen & St Louis Ry— 1st 3s Dec 1 1989 J&D Suffolk & Car con 5s 1952—J&J / 40 102 M 103 Certificates of deposit St L Peo & N W 5s 1948 J&J St Louis-San Francisco Ry— Prior lien 4s 1950 series A. J&J Certificates of deposit Prior lien 5s 1950 series B.J&J Certificates of deposit.. Cons in 4Mb 1978ser A—M&S St Paul Minn & 1.00% 1.50% 62 M „ St Louis Iron Mt & Sou— Riv & Gulf Divs 4s 1933-M&N g 1.75 2.25 „ St Lawr & Adirond 5s 1996--J&J 2d gold 6s 1996 A&O St Louis City see Pac of Mo ser 1.00% 1.50% 2.00% Stephenville Nor & Sou Texas— 103 St Joseph & Grand Island— 1st gold 4s 1947 —J&J Gen & ref 5s Ry 4Ms 1943 61 2.00 2.50 3.00 Stark Elec RR 1st 7s 1952—_ J&D Staten Isld 103 50$ 50 Aiken Branch 4s 1998 J&J 1st Mem Div g 5s 1996 J&J St Louis Div 1st g 4s 1951 .J&J Spartanburg Union & Columbia— 1st 4s 1995 J&J Spokane Falls & Nor 6s 1939.J&J Spok Internat 1st g 5s 1955.J&J 102 4Mb stamped 1941 J&J St Clair Mad & St Louis Belt— Alton Bridge 1st g 4s *51—J&J St Johns & L Cham 5s 1944.M&S 1st M 111M 111M 100 M 100 M 91M J&D Pitts Va & Char gu 4s 1943.M&N Pitts & West Va Ry— ; 104 % 108 M 106 M 104 F&A M&N 6% receivers' ctfs 1927 F&A Pgh & Shawmut 5s 1959 .J&D Pitts Shenango & Lake Erie— # 1st gold 5s 1940 A&O Cons 1st g 5s July 1 1943--J&J Plttsb Term RR & Coal— M 106 Gen M 5s 1975 ser B A&O Gen M 4Mb 1977 ser C-IJ&J Pitts Shawmut & Northern— 1st g guar s f 5s 1942 4s stamped 1949 Rutland con 4 Ms 1941 Pacific Philippine Ry 1st 4s 1937—J&J / Cons gold 5s 1947 Pitts Cin Chic & St Louis— 1.50% 101 Rio Gr West 1st 4s 1939——J&J/ 1st coll tr 4s 1949 opt A&O ' Rock Island Ark & Louisiana— 1st consol M&N 2.00 ... 50 Washington - 2*75 71% 7iy 2.00% 51M 54% 50% 60 M b Develop & gen M g 4s '56-A&0 Develop & gen 6s 1956 A&O Develop & gen 6Ms 1956—A&O Eq tr 5s 1939 (s-a) M&S EQ tr4Ms Oct. 1939 (s-a).A&O 65 70M Richmond & Petersburg— Cons 4 Ms 1940 A&O Richmond Term 1st 5s 1952.J&J 1st guar 4Mb 1934 M&S Rock Island-Frisco Term Ry— 1st M 4Mb 1957 J&J Rutl Can 1st g gu 4s 1949 J&J 78 F&A 1st ,old 4s 1943 Gen 4a April 1 1960 lOl" 99 Coll tr g gu 4s 1943 opt J&D Rio Gr June 1st gu 5s 1939—J&D Rio Gr So 1st g 4s 1940 J&J 1st g 4s guar 1940 J&J A Pblla Bait & 10 95 Richmond-Washington Co— 68 M sterling 4s 1940..A&O 2dcon8 inc 4s 1990 ...Apr 1 Peoria & Pekln Union Ry— 56 96 M&N 93 M 94M cons 52 53 50 % Southern Pacific (Golden Gate Ferries) 1st 5Ms 1949 A&O Southern Pacific RR Co.—1st ref g 4s 1955 opt 1910—J&J Stamped (Fed tax) 1955.J&J f Southern Railway— 1st consol g 5s 1994 J&J ~ 93 M stamped dollar —.M&N Con M 4 Ms gold 1960 F&A Gen g 4 Ms 1965 J&D Gen g 5s Dec 1 1968---.-J&D Gen M 4 Ms 1981 ser D—-A&O Gen M 4 Ms ser E 1984—J&J Oeb 4 4s 1970 A&O Gen M 3 Ms ser O 1970—A&O Conv deb 3 Ms 1952 A&O 30-yr secured 4s 1939-1964-J&J Gen equip 5s 1939 (yr) A&O Eq tr 4 Ms 1939 (yr) A&O Eq tr 4s series E 1939-1949-J&J Eq tr 2Mb ser H '39-'52—M&N 50 78 59 1st 5s 1941 —M&N Rensselaer & Saratoga— bds May 1 1941 M&N Rich edericksbg & Potomac— Cons mtge 4 Ms 1940 A&O Richmond & Mecklenburg— 70 M&N M&N 43 73 Eq 4 Ms 1939-'45 (s-a)—M&N Equipment trust 5s Philadelphia & Reading RR— Imp M ext g 4s 1947--.A&O Extended 4Ms Oct 1 1943—Term 5s g gu May 1 *41 Q&F Delaware River Terminal" A.-A&O % Ask 53% 50% M&S M&N M&N 10-yr secured 3*s 1946—-J&J Equip 5s 1939 (yr) M&N Eq tr 4Ms 1939-1940 (yr)_J&D Eq tr 4Ms 1939-1941 (yr).J&D Pacific Fruit Express— Eq 5s 1939 O (yr) M&S Eq 5s 1939-1941 D (yr) .A&O 85 80 Gen & ref 4 Ms 1997 ser B.J&J 103 1st & ref 4 Ms series B 1981 85 98 M 104 M 4 Biu 40-year 4Mb 1968 50-year 4 Ms 1981 4Mb 1969 with warr 97 84 ,97 M Raleigh & Augusta Air Line— 1st 5s 1931 / J&J. Ral & Gaston 1st 5s g 1947 J&J / Raleigh & S'port Ry 5s *65--J&D Rarltan River 1st g 5s 1939--J&J 114M 114M ff 95 J&J Potomac Val 1st gu 5s g 1941-J&J Prov Sec deb 4s 1957 gu M&N Prov Ter 1st g 4s gu 1956—.M&S Prov & Wore 1st 4s 1947 A&O 106 % con 5s 1939 A&O Cons mtge 4Ms 1939.. A&O Cons mtge 4s 1939—---A&O Penn Ohio & Detroit RR— Peor & 1961 98M 104 Portland & Rumford Falls— 5s 1951 —M&N ?8 Pa & N Y Canal Con M 4s gold 1948 Con M 4s gold 1948 5s Bonds Southern Pacific Co— Coll tr 4s (OP) Aug 1 '49--J&D 1st 4Ms (Ore Lines) 1977-M&S 100 5s 1974 series O J&D 1st 4Mb series D 1977 J&D Port Reading lstgu 5s 1941--J&J Portl (Me) Term gu 4s 1961 -J&J Guar Ask 108 1st gen i • 1956 J&D / Extension 5s 1950-J&D Pennsylvania RR— Con M 4s gold 1943 Pitts Young & Ashtabula— 1st gen 4s series A 1948 J&D 1st M 58 1962 series B.—.F&A Reading Belt 1st 4s 1950—M&S Reading Company— Jer Cent 4s 1951 opt *06—A&O Gen & ref 4Mb 1997 ser A—J&J 4% 105 to 1st & ref 4Mb 1977 ser 28 85 Oregon-Wash RR & Nav— 1st & ref g gu 4s *61 opt--J&J PacFruit Express—See Sou Pac— Pac of Mo 1st ex g 4s 1938--F&A 2d ext 5s gold 1938 J&J Cardelet Br 1st 4 Ms 1938-A&O St Louis City real est 5s '38 J&J Paducah & 111 1st 4 Ms 1955-J&J Paris-Orleans extl 5Ks 1968 M&S 6% franc bonds (foreign series) * 87 32 lBt M 58 1945 series B J&D 1st M 4Mb 1950series C J&J Ore RR & Nav cons 4s 1946-J&D Ore 8hort Line 1st 5s 1946 J&J 1st cons guar 5s 1946 J&J Pennsylvania Company— 28-year secured 4s 1963—-F&A Gu tr ctfs g 4s 1952 M&N Gu tr ctfs g 3Ms 1941-—-F&A Gu tr ctfs g 3M8 1942 J&D Gu tr ctfs g 3 Ms 1944 J&D 1.50 2.00 2.00 15 Norwich & Worcester 4Mb '47M&S Ogdensburg & Lake Champlian— 1st guar g 4s 1948 J&J 4s stamped 1948 J&J Ohio Connecting 4s 1943 M&S Ohio & Little Kanawha5s '5CM&S Old Colony RR 4s 1938 J&J 1st M 5 Ms 1944 F&A Paters on 63 % 57 M 2.00 2.50 2.50 Northwestern Terminal Oo— 1st income 5s June 1 1948-F&A Northwestern Terminal RR 1st M 6s 1977 An.-Apr Paulista Ry 1st 7s *42serAM&S15 83 M 49 M 53 M 60 Eq tr 4Mb 1939-*40 (yr) Eq tr 2 Ms 1939-1947 M&S Eqtr 2Mb 1939-1946 J&J Nor RR of N J gen 4 Ms 2000.J&J North Pennsylvania RR— Gen g 3 3-10s 1953 J&D Bid Bonds 18* 50 Ref & Imp 6s 2047 sbr B J&J Ref & Imp 5s 2047 ser O—-J&J Ref & imp 5s 2047 ser D^—J&J red Ask M&N ...J&J A&O Ms A 1966-M&S 65 55 105 % b 2.00 loo" 56 M 105 % 1.00% 71 RAILROAD BONDS Dec., 1938] bond prices ere ••end Interest** except where marked "I" Quotations for all securities are as near as possible for the closing day of the NOTICE—AH Bid Bonds and Stocks Wabash Railroad Oo— 1st gold 6s 1939 M&N/ 2d gold 6s 1939 Deb mtge 6s series B ist lien term gold 4s F&A/ 1939.J&J J[ 1964.J&J Ask „ Equipment trust 5%a Equipment trust 5s......... Eq tr 4Kb 1939-43 (yr)—A&O Dot & Chic ext 1st g 5s '41.J&J Des M Div 1st g 4s 1939..J&J Toledo & Ohlc 4s g 1941-.M&8 Omaha Dlv. 1st 3Xag '41 A&O Wabash Railway Oo— Ref & gen 5Hs 1975 A...M&S Certificates of deposit..—Ref & gen 5s 1976 ser B..F&A Certificates of deposit Ref & gen 4 %b 1978 ser O.A&O Certificates of deposit...— Ref & gen 5s 1980 ser D..A&O Certificates of deposit..—Warren 1st ref g 3Ks 2000—F&A Washington Central Ry— 1st 4s Mar 1 1948 Q-Mar Washington Co Ry 1st g guar 3%b Jan 1954 opt 1924.—J&J Wash & Frankl Ry 1st 5s '39. J&J _ 42% 25 __ art¬ 25% 44% 26X 35" 90 75 85 88 - — J 10X 23 X / / 38 44 . / / / / / / • Wash Term C&—$%a 1945..F&A 1st gold 4s 1945 guar .F&A Washington & Vandemere—• 1st 4Kb 1947 F&A West Shore 1st 4s 2361 J&J West Virginia & Pittsburgh— lstgsf 4s 1990 A&O West Fruit Exp—See Or Nor Western Maryland 4s 1952.A&0 1st & ref 5Kb 1977 ser A..J&J Equipment trust 4^8 Equipment trust 5s ...— West N Y & Penna 4sl943.A&0 Western Pacific RR Corp— 1st M 5s 1946 series A M&S 5s 1946 — 2 ns trustees ctfs Dec. 1 1938.. Western Pocahontas 4Hs 1945.. Western Ry of Ala 4 Kb '58—A&O 39 37 39 25 ~9% II"" 35 48 90 35 100 106 40 107 K 109 K 60 52% 54 50 2.75 2.75 103 K Special guar 35 2K 5K 5 6 12 80 21% TX 7 43 X 1 45 3 100 8X 6 45 35 30 X 6% non-cum preferred..—-100 East Mahanoy (guar) 50 East Pennsylvania (guar) 50 Elmlra & W'msport (guar) 50 32 60 37 39 60 50 (guar) 42" 4% non-cum 1st preferred.-100 4% non-cum 2d preferred—100 9K 8% 3 5 20 30 ..... 9% 13 K 14 K 2 3% 43 47* 50 63 66 European & North Am (guar) 100 Fort St Union Depot (guar)—100 Ft Wayne & Jack pref (guar). 100 Genesee & Wyoming —.100 Georgia RR & Bank Oo (gu)-lOO Georgia Sou & Fla common... 100 1st preferred -.100 2d preferred 100 80 85 55 53 60 56" 152 155" Goshen & Deckertown 1 Gulf Mobile & Northern 11 2 4 IX 4 14X 15 25 X 49 X | 40 55 6% preferred 3 40 Hartford & Conn Western Hudson & Manhattan IX 13 X 8ee utility stocks Illinois Central 12' ■ Non-cum 6 % pref series A—10C Leased lines (guar).. 100 Stk tr ctfs—See RR Securs Co Internat Rys (Cent Am) com * 24 5% preferred Joliet & Chicago (guar) .....100 40 42 38% 100 95 105 Kal Allegan & Gr Rap (gu)—100 K O St L & Ohlc—Pref (gu)—100 60 65 68 60 70 11 17 60 40 X 100 J5# 41K 3% . ..100 4% non-cum preferred ....100 Lackawanna RR of N J feu)—100 Lake Superior & Ishpeming 100 Lehigh Valley.... 60 100 8 50 30 Little Miami original guar Spec gu*r betterment stk. 5% conv preferred 100 Beech Creek (guar N Y O)—50 Belgian Nat Rys Co— American shares partic pref— Boston & Alb (guar N Y O)—100 Boston & Maine common 100 Unstamped— 1st pref 5% class A.....100 1st pref 8% class B_. 100 1st pref 7% class C 100 1st pref 10% class D....100 1st pref 4%% class E...100 6% non-cum preferred 100 7% prior preferred 100 Stamped— Common 100 1st pref 5% class A.....100 1st pref 8% class B..._. 100 1st pref 7% class O 100 11* pref 10% class D....100 pref 4K % class E 100 6% non-cum pref stamped.. 100 Boston & Providence (guar)..100 Boston RR Holding pref.....100 154 2X 100 ..100 Pref (guar N Y M ilne Central— ft* & Coal feu).20 5" 50 Central) 46 5^ 13 K 65 100 625 Preferred 50 Mill Creek & Minehill Nav (gu)25 Mine Hill & Schuyl Hav(gu)—50 31 20 2* "S" 34 32 X X % % 5A, Jt>£ Minneapolis St P & S 8 M—100 7% non-cum preferred 100 4% leased line ctfs.. 100 Mississippi Central .....100 1% 2 8X 7% preferred series A—100 sa 8X l 15 Missouri Pacific __100 78 15 5% conv preferred .....100 Mobile & Birmingham— 1% com 4% non-cum pref (guar)... 100 t Quotations represent dollars per $100 face amount, z 43 ntiasui 62 3 68 71 6 ,{ 110 44 100 40 20 30 - m>mm — — m> mm — — m 30 2 30 21 2 20 20% 1% 100 95 3% 12% 14 29 30 4% 32 13 33 115 120 18 260 — 42 80 91 146 166 52 — « 115 170"" 54 15 14% 140 — 35 K 45 34^ . 48" 44 16 18% 50 o5 18 68 70 — 70" 61 155 175 15 25"" 35 40 1 1% 40 35 17 13 36 125 non-cum preferred 100 5% non-cum ...100 preferred—...100 IX 9 !6% 24% 19% L——100 6% (guar) f. 62 40 130 65 IS Saratoga & Schenectady (gu) -100 8* 32 common preferred Shamokin Vail & Pottsv feu) Sharon (guar Erie) non-cum * % 100 50 e\3/* 60 50 Southern Pacific Co 100 Southern Ry common.......100 5% preferred 12 18% 18 H 100 28X 28# 40 non-cum Central ......«. 100 50 100 • .........100 100 .... (gu).100 Utica Chen & Susq Val (gu).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 common.......100 6% cum preferred.........100 Wabash Ry 100 5% non-cum preferred A 100 5% non-cum conv pref B—100 Ware River (guar) ...100 Warren N J (guar D L & W>_ 5o West Jersey & Seashore (gu). 50 Western Maryland Ry com..100 1st preferred 100 4% non-cum 2d pref ..100 Western Pacific RH Corp 100 6% non-cum preferred 10O Wheeling & Lake Erie Ry.... 1°° 4% prior lien. ... ..100 _ 800" Mo-Kan-Texas RR com.. 154 154 17 50 5 100 ....... 75 49 X 420 380 Massawippl Valley (guar)....100 Michigan Central (guar) 100 Midland Valley common 50 W 35" 65 Louisville & Nashville mm 11% 55 St Louis Bridge 1st pref feu)..100 2d preferred (guar) 100 St Louis-San Francisco Ry. 100 United N J RR & Canal 70 —100 5% preferred 5K 102 32 Mahoning Coal RR 154 65 98 Lvkens Valley RR Rutland 7% preferred 100 Rutland & Whitehall (guar)..100 St Joseph South Bend & Sou— Common (guar) 100 Troy & Bennington (guar) 100 Troy & Gr'bush (gu N V O)— 60 Tunnel RR of St Louis (guar).100 Union Pacific—Common..... 100 4% non-cum preferred 100 4X 43 (guar) — 61 Potom—com...100 Dividend obligations -.100 6% guaranteed... 100 7% guaranteed.. 100 Roch & Genesee Val RR (gu).100 Rome & Clinton (guar).. 100 Preferred 10 Louis & Mo Riv pref (guar) 80X 11% Rich Fred & Texas & Pacific Ry 150 Llt.8chu.vl Nav RR & Coalfgu) 50 Louisville Henderson & St Louis— — 75 K 84 73 8X 15% 21% Tennessee 20 60 * Stony Brook (guar) Sussex (guar D L & W) Syracuse Bing & N Y (gu) 49 100 109 140 Mob & Ohio stk tr ctfs (gu) .100 Southwestern of Ga (guar)... 100 3X 19 50 Preferred 76 76 15% 24X 43 X 46 50 .... Lexington Union Station— Preferred (guar).. 107 14% 111 Cent stk ctf 1952..1000 Reading Co 60 4% non-cum 1st pref 50 4 % non-cum 2d pref. 50 Rensselaer & Saratoga (guar). 100 Seaboard Air Line 9 Kansas City Southern Preferred.. Piedmont & Northern 4-2% 100 171X Schuylkill Valley Nav & RRfeu)50 21% 19 100 100 St Louis Southwestern. "5" 100 _ 100 ..100 100 Fgh Bess & Lake Erie (guar) 50 Preferred (guar) 50 Pitts Cin Chic & St Louis (gu) .100 Pitts Ft W & Chic com (gu) 100 7 % pref (guar Pa RR) ..100 Pittsburgh & Lake Erie 50 Pittsburgh & West Virginia...100 Pitts Youngstown & Ashtabula— Preferred (guar) 100 Pittsfield & No Adams (gjuar)_100 Portland & Ogdensburg (guar) 100 Prov & Worcester (guar) 100 Preferred 28* * * ....100 100 com 3 7 (guar)—10 60 125" "2"" 50 Erie & Kalamazoo (guar) Erie & Pitts (guar Pa RR) M 17 165 Railroad Securities Co— 1% 3% 100 Erie—common 100 Marquette Ry com 5% preferred 5% prior preferred Peterborough (guar) Phila Germ & Norris (guar).. 60 Phila & Trenton (gu Pa RR).100 140 40 4% non-cum pref 1 Bangor & Aroostook com 35 -100 Baltimore & Ohio common—100 value, 3% 6K 41 37 10 60 7 par Peoria & Eastern Duluth South Shore & Atl— 78 (guar)....50 PemigeWasset Valley (guar) 100 Pennsylvania RR 50 Pennroad Corp vtc 1 Peoria & Bureau Val (guar)..100 Pere 76 5% non-cum preferred 100 Detroit Manufacturers (guar) 100 Dover & Rockaway (guar)—100 Paterson & Ramapo 74 30 25 pref.100 Augusta & Savannah (guar)..100 •No 70 3X Delaware (guar Penn) Denv & Rio Gr West 6% Southwestern (guar) Detroit & Mackinac Ry (guar)—100 Ex-dividend. 8X Passaic & Del Exten (guar).. 100 Paterson & Hudson River feu).50 35" 21^ 25 27 K x 6% Detroit Hillsdale and 112 9 % Delaware & Hudson Co——100 Delaware Lack & Western— 5ft Atlanta & West Point 100 Atlantic Coast L Co of Conn..50 Atlantic Coast L RR bom 100 1st 1st 72 K 44 5K 8 42 (gu)_100 pref.100 Cuba RR 6% non-cum pref—100 Dayton & Mich com (guar)..-.50 Preferred (guar) 50 Delaware & Bound Br (guar). 100 78 Avon Gen & Mt Morris (gu)-100 Bait & Cumberland 7 % gu 50 69 80" . Atlan & Char Air L 65 70 100 30 5 North Pennsylvania (guar) 50 Northern Cent (guar Pa RR). 50 Northern Pacific Ry 100 Northern RR of N H (guar)—100 Northern RRofN J (guar). 100 Ontario & Quebec (guar). 100 Oswego & Syrac (gu D L & W) 50 Passaic & Delaware (guar) __50 33 135 Conn & Passumpsic pref Consol Rys of Chiba 6% 1% 4 v :X IX 30 99 K 107 K , 108 125 4% 1st non-cum preferred—100 4% 2d non-cum preferred.-100 63 IX 3% 30 105 Columbus & Xenia (guar) 50 Concord & Portsmouth feu)..100 6.00 2.85 112 123 60 X 70 5 50 5X% pref (with $30 warr)_100 5 X% pref (with $40 warr).100 5X% pref (without warr)__100 2 %% prior conv pref Allegheny & West (6% guar) .100 Atchison & Eastern Bridge 100 Atchison Topeka & Santa Fe.100 5% non-cum pref.. -100 Atlanta Birm & Coast pf feu) .100 90 7 -.50 * IX k 28% 122 110 Norfolk Southern Norfolk & Western Ry 100 Adjust 4% non-cum pref...100 No Carolina (guar Sou RR)..100 2.60 Preferred (capital stock.. common 3% i'$ 100 ..100 4 18% 28 100 100 Green Bay & Western Greene (guar D L & W) Alabama & Vicksburg (gu)—100 Albany & Susquehanna (gu)—100 Albany & Vermont (guar)..—100 7% conv preferred N Y Ontario & Western.. 2 116 100 85 100 2 18H 15% ... N Y New Haven & Hartf 109 7%-50 4%—— -50 Colorado & Southern n 6% preferred series A 100 com (gu) 60 10% non-cum pref feu).....50 N Y Lack & West (guar)....100 N Y & Harlem § Cleve & Pitts (gu Pa KB) 22 21 6.00 IX 25 23 X 20 95 100 New Orleans Great Northern.100 ■l 1H pref (gu).—-.100 non-cum 42 1 Oinn Inter-Terminal— Preferred (guar) 100 Cin New Orl & Texas Pacific. .100 Preferred 100 Cincinnati Sandusky & Oleve 5% X 2% X 2?4 X 5% non-cum preferred 100 Chicago & North Western....100 7% non-cum preferred 100 Ohlc RI & Pacific common—100 7% preferred..—————.100 6% preferred..--—— -100 Clearfield & Mahoning feu)—50 Cleve Cine Chicago & St Louis Common (guar) 100 82 K 4s Preferred Alleghany Corp % 6%. non-cum preferred (gu)—60 Cin Union Term 5% prer.—100 STOCKS A1 Great southern com. % Common Great Northern Ry— Iron Ore Prop trust ctfs RAILROAD X - 44 New Orl Texas & Mexico 100 New York Central RR * N Y Chic & St Louis com....100 9% 12 42 39 48 2 - 25 New London Northern (gu) 6% preferred—— 100 Chicago Great Western com..100 4% preferred ......100 Chicago Ind'polis & Louisville 100 4% non-cum preferred 100 Ohlc Milw St P & Pacific— - 34 75 25 89% 11X nx 10X 12 — Unstamped (guar L & N) Nashv Chatt & St Louis 100 Newark & Bloomfield (guar)-.50 9% 8 .M&N Worcester & Conn Eastern Ry— 1st gold 4Kb 1943 —J&J / Yonkers Ry see "P CI" bonds— YosemJts vails f g 5s 1936..J&J / M 55 Certificates of deposit...— 1951... - 41X 46 38 - Original (guar L & N) - - 5 36 X 38 31 65 Nashville & Decatur— 8 „ 34^ 88^ —-100 Ask 2 10 Morris & Essex (guar) 50 Morris & Essex Exten (guar).100 Mt Carbon & Pt Carbon feu) -.50 Nashua & Lowell (guar) 100 40 -50 1st gold guar 4s 1960 J&J Winston-Salem Term 5s '66.A&O Wisconsin Central Ry— 1st gen g 4s 1949 J&J div 7% 20 Chesapeake & Onto common—25 Preferred 1st & ref 4s 1959 A&O Sup & Dul Dlv 4s 1938 M&N Certificates of deposit—... 6% 21 Chicago Burl & Quincy 100 Ohlc & East Illinois common. 100 109 8'eastern 37 ux Winston-Salem Southbound— & Oatawissa RR—1st pref (guar).50 2d preferred (quart...——..50 26% Wheeling & Lake Erie RR— 102 H Ref mtge. 4s ser D 1966.-M&S 106 1st consol gold 4s 1949...M&S 102 Wheeling Term 4s 1940 F&A White & Black River Valley— 1st 5s 1980— J&J / 3 Wichita Falls & Southern— 25 1st 5s extended 1948 .J&J Wichita Union Terminal Ry 105 1st g gu 4 Kb 1941 opt M&N Wllkes-Barre & Eastern— 1st guar g 5s 1942 J&D Willamette Val Southern Ry— 6s 1939 F&A / 10 Wilmington & Newborn— 73 1st gold 4s 1947 ...F&A 95 Wilmington & Nor 4 Kb '77—J&D 100 Gen 5s Aug 1 1982 F&A 95 Wilmington Ry Bdge 5s '43.A&0 Mirshfield 83 10 10 X __ Assented 6 81 Preferred series A Chestnut Hill (guar) . Equipment trust 5s Eqtr 5%a 1938 (yr)...—J&D Montgomery & Erie (guar) 49 -25 Cayuga & Susq feu D L & W)_30 Central of New Jersey 100 Chattahoochee & Gulf (guar).100 Chesapeake Corp.— —-* Bid Par Mobile & Ohio—See Southern Ry Caro Clinchfield & O (guar) ..100 80 78 39 22 46 X .25 100 Camden & Burl Oo (guar) Canada Southern (guar) Canadian Pacific Stocks Ask Bid Par Stocks end Income end defeulted bonds month preceding the date ef Issue f*K % cum preferred..... i«* Wilton (guar Boston & Me).. 100 60 8 145 9X 70 20 80 35 125 92 78X 224 55 12 35 65 65 148 115 IX 2% IX 58 29 51 3X 47 6 X IX 45" 75 30 46 / Tula includes accrued interest. I Last sale n Nominal. NOTICE—All bond prieos Stocks and Bonds Bid Pari "and interest" except where marked "f' are Quotations for all securities are as near as Ask Per Stocks and Bonds Per 13.04 13.87 4.12 4.56 Conv deb 5s 1948 Air Investors Inc 100 M 2H * Convertible preferred .....* Warrants Aldred Invest Trust (Mass)— Deb 4M® with com shs 1907— Aldred Investment Corp (Can)— b Deb 4 %b with com shs 1968— 21 ibix 3 25 M. — % , 51 46 IX Oct. 21 Nov. 10 * * 22 97 99 5% 3.91 2% 4M * 22 $5.50 priorjpref * 67 % Amer Cities Pr & Lt cl A.....25 Class A opt div ser w w 25 Class B 1 Amer Elec Sec partic jpref 1 25% 24:% 1% 1% 6X 100 X 100 X 4:% American European Secur.. * Coll tr s f 5s 1958 ser A J&J 5s series B 1958 M&N American General Corp 10c 1 5% preferred w w 6% preferred ex-warr 10-year deb 3s 1940 27 31 54c 22% 5 25 29" * 100 100 35% 93 90% 98 J&D Associated Stand. Oil Shs 2 Atlantic Secur 4Mb A 1953.A&0 Atlas Corporation common Option warrants. % 3% ...1 6 Bankers Securities Corp com..50 6% preferred ........50 16 Capital Administration cl A cum pref series A 23X 5% 26 27 31 37 103 94% 98X 13 34c 27.61 16% 96 4.40 77 75 % 91 35 5 2% 1 V* ...100 100 100 4 100 4 * 1 Chicago Corporation * Convertible preferred * Christiana Securities com... 100 Preferred ..100 City Investing Co 100 ....... Cleve Securities 4-08 to 1943.J&J Commercial Credit common 10 4%% conv preferred 100 3 % % debentures 1951.... A&O 2%% debentures 1942.._J&D Commercial Invest Trust * St.25 conv preferred.. ebenture 3 Ms 1951 * J&J Commonwealth Investment 1 Commonwealth Secure common.] Preferred 1 Consolidated Invest Trust com.l Continental Secur Corp com....* 5% preferred 100 Debenture 5s May 1 1942 f Continental Shares com ..._* ♦0% preferred 100 Corp Secure 5% ctfs 1935..M&S Corporate Trust shares old ser..l AA 1 .11 -1 Accumulative series AA (modified) 9 10 5 4 5% 24.58 10.29 11.13 1% 35 2% 36 2,050 2,100 133 49 135 35 45 58% 59 62 106 103 102% 01% 62% 105% 106X 3.60 70c 3.90 80c 22% 27% 24 ♦8% preferred.. ♦Crum & Forster Insursh B_. 100 10 ♦7 % cum preferred 100 Cumulative Trust Shares.......* Delaware Fund 19 Deposited Bank Shs N Y ser A..1 Deposited Insur Shs. ser A....1 Hqj*|0S B Diversified Trustee Shares C shares.... .... D shares Dividend Shares 104% 31.99 70 Domestic & Foreign In 5 H847F&A Dominion-Scottish Invests Ltd— 1st coll 4s series A 1952—J&J Eas CJtil Invest Deb5sl954 M&S 15 Eaton & Howard Management Fund A-l * Economic Inv Tr Ltd 5sA'57M&N Corp 4%b 1959 new 6.18 5.84 Railway & Util Invest A 3%% preferred Reliance Internat Corp 6.02 7.82 5.73 4.93 6.88 5.24 7.48 5.71 70c new 4.29 4.52 new— 4.48 5.26 new new 1.30 Ys 4% * * 1948 4M 18.55 • 2.50 2% 97c 1.31 4M 7% 4% 1% 6 .... 1 * % $3 convertible pref A Investment Bond & Share— 5s series A 1947 ..J&D Investment Co of Amer. 10 Investors Fund of Amer Series 01 Investors Royalty— l—1 20 55 17 11.42 %, 25 5M 18 26.46 28.96 ... 21.49 23.59 14.63 16.08 ...... 14.78 12.26 14.45 16.00 13.37 5.14 14.83 % Series S-4 Series S-3 Larkins Warr Trust 16.22 11.05 x 1M 10 Lehman Cor 1 Manufacturers Finance (Bait)— S f coll 4%b series A 1942.A&O Maryland Fund Inc 5.75 25% 99 M 5 5% 100 » 6.40 23.02 11.89 12.99 16M 23 M 18M 96 M 24M 5.85 * com 5.84 21.70 x pref stamped ....* ♦ 6.00 92 1 1.45 Bank stocks 94 96 Building supplies Electrical equipment.. — .............. 2% 14M 40M 42 44 100 1 1 3.35 51% 90 100 2 2M 45 9.90 4.35 1 1M 71 68 71 10x 11M 10 77 77 113M 74c 81c % 16.38 3.45 17.39 3.50 1/ 3% 11 11$ 85% 86 53c 85 M 61c $4 cum 2d preferred —.* Super Corp of Amer class A 2 Class AA........ ...—...—1 57c 82 1.00 45 35 3.59 2.47 ........2 ■ — m m - 3.76 1 Class O Class D 3 3 Supervised Shares - 1 Investors 1 Tri-Continental Corp.—..._...* 0% cum preferred * Warrants 11.10 27% 3% 28 90 91 x 3% % 5s conv deb 1953 J&J Trusteed Amer Bank Shares B 25c Trusteed Industry Shares 25c Trustee N Y Bank Shares 50c Trustee Stand Invest ser O 1 Class D 7~ 07 7.07 10.27 % 108 % 57c 111 1.00 63c 1.12 1.05 1.15 2.56 1 2.50 Trustee Standard Oil shares A..1 6.10 ... Series B __1 5.49 Underwriters GroupDividend Royalty Trust 1.55 1* Voting shares U 8 & Foreign Securities com..* 93c $6 1st preferred U. S. & International Sec— 80 M % 7.89 5.63 10.24 7.11 ... 8.56 ....—......—.. 10.79 67% 9% ♦State St Investment Corp.....* Suburban Elec. Securities * ......... 3.45 50% 14.67 1M 6% 8.35 9.27 8.54 6.11 11.06 7.70 9.26 9.03 10.02 Machinery Metals........—.......... 8.60 9.30 9.44 10.20 Oils issuer. Carey Trust.. 13 38% 13.64 ..... 8.67 x "4M 99 IX 13% 1.95 m pref with warrants......* Utility Equities Corp 5 $5.50 priority stock * Utility & Industrial Corp 6 Convertible preferred ...7 Wellington Fund Western Reserve Investing— Deb 5 M« 1944 —F&A ■X 65 X 2 .... m 85 % 1st mm iox 10 70 2M , 51 54 % 1% 13.67 X 1M 15.01 9.74 8.93 ~3% 97 ... 9.38 8.08 9.66 ..—............ or IX 10 $5 conv preferred Securities Co of New Jersey— 6s series 4 Nov 1942 Class B_„ Class BB-. ' 50 Commercial 5% preferred Union Investment common.. * Conv deb 5s 1940 —_M&S United N Y Bank Shares C3 * U S Elec Light & Pow tr ctf A__* Trust ctfs series B 1 6% 3.46 New York Investors common._.* 1st preferred — 100 20 Quotation not furnished by sponsor Royalties Management A......1 ♦Schoellkopf Hutton and Pomeroy Inc common.....10c 1.40 Voting shares New England Fund Insurance 64 25* * Third National 25 25 M 5 34c Securities Corp General com * $6 preferred * 19.95 Selected Amer Shares Inc 2% 2.60 Selected Income Shares.—..—.! 3X Selected Industries com......._* $5.50 prior stock ..25 1.07 Convertible stock 5 1 44 Allotment certificates Shawmut Association * 4M Shawmut Bank Inv Trust— 4%b Mar 1 1942... M&S 7% 5s March 1 1952 M&S 5% Solvay Amer Corp 5M % pref. 100 1% Sovereign Invest. Inc., com.. 10c 6% Spanish & Gen Corp Ltd— Am dep rets ord reg £1 Amer dep rets ord bearer £1 Spencer Trask Fund Inc * Standard Amer Trust Shares 58 1 Standard Investing Corp com—* 19 12.18 $5.50 preferred w w__ * Deb 5 Ms 1939 F&A 15 M» Standard Utilities Inc 22 .50c ...... Series B-3 Series K-l Series K-2 Series S-2— 10.86 98 5 New common $6 preferred Second 65c 95 Insuranshares Co of Delaware.-1 Insuranshares (Md) ctfs Inc...! International Holdings & Inv...* ♦ Second Nat Inv Corp Com 35c x Preferred 1% 45 Sept .23 A 10c Representative Trust Shares... 10 Republic Investors Fund 25c Reynolds Invest 5s 1948 A&O Common stock..... 1 5% 1 Independence Trust Shares Institutional Securities Ltd— Bank Group shares % 44 1 1 * com Seaboard 20 1 Hydro Elec Sec com * Illuminating & Power Securities— 1st preferred 100 Incorporated Investors ...5 Series B-2 y & Light Securities com. * Conv coll 4 %s ser "ll" '55 A&O 8.93 5.53 7.19 Guardian Invest Trust (Conn)..* Preferred * * M&N Railw 8.53 7.55 3.93 new Guardian Investors com $6 1st preferred $3 2nd preferred Debenture 5s series A ♦Huron Holding Corp * Fund 8.21 6.94 4.11 Equip Shares Tobacco Shams Gee) 7.84 Investing Shares new Merchandising Shares Mining Shares new conv 18.98 Pacific Investing Deb 5s 1948 J&J Pacific Southern Invest pref * Class A.—. * Class B * Phoenix Sec Corp ...—_* 5% debnries A 1942 5.68 5.36 new Building Shares 2d preferred 100 York Stocks, Inc.— Agricultural................ Automobile Aviation 17.68 Debenture 4%a Feb 1 1947 Debenture 4%b Dec 15 1952 Old Colony Trust Assoc * Overseas Securities Co * Deb 5s April 1 1948 A&O Pacific Finance Corp (Calif) 10 Quarterly In co me Shares.....10c Chemical Shares new. Food Shares new Nat Trust Shares Re modified 1 Nation Wide Securities Co...25c 101 10 10 Com..* Pub Util Sec $ 7 partic pref.. A&O ........5 Group Securities, Inc.— Agricultural Shares new Automobile Shares new Railroad equipment Steel stocks ... Old Colony Invest Trust ♦Putnam ment 35" 30 Preferred Oklahoma County Trust—y. Oklahoma Southern Trust 71 IX Nat Republic Invest Trust— 6.50 2.56 Northwest Bancorporation.. * Ohio Finance conv 5s 1951—F&A Deb 6%b w w 1944 M&N Oils & Industries com .....1 — 5.59 New 5.80 1.34 2.30 2.85 2.80 ...... 25% 3.85 45 40 ....— 5.14 Greenland Trust 5% preferred ser A w w 2.64 1 2.50 25c «£* 90 34 30 —.. 18 Nat Bond & Share Corp...... 17.59 3 X North American Trust Shares— 1953 16 National Investors 1.35 6 Nov. 52% 6% preferred .—.—.100 5%% preferred 100 62 2.87 2.96 97 85* ... 101 105 34.40 Great Brit & Canada Invest¬ National Bond & Invest 2.36 96 Class B common.—— 5 Class A preferred —100 Normandie Nat Sec pref North American Bond Trust Otfis. North Amer Invest Corp com. 100 Collateral 4s 1951 —J&D Gleneagles Invest 5s June 15 1944 2.36 8 Ask share $3 conv pref class A 10 Plymouth Fund Inc 10c Prudential Investors * $6 preferred * Pub Utiitm sting 5s*1948.A&O .10c Massachusetts Investors Trust.. 1 Mutual Investment Trust—..10 8% . Bid Per 22 2.42 16.27 31 3% 99 Par 1% 19M Marine Midland Corp 116 33 111 4.89 4.50 31% 52% Lawyers Mtge Inv (Boston)— 1st 5 Ms series B 1940--—M&S f 29 15c 2 23M 48 4.20 5.75 * 2.87 _. AGO (modified). ♦Orum & Forster Inc com.....10 . Bonds 1958 7.33 4.64 $6 preferred Series B-l 109 103 M 103 1956 ana German Credit & Investment— Pref allot ctf 25% 1st pref. Preferred 109 7% % 7.84 6.74 Keystone Custodian Fund— 107 16 3.62 5.24 $6 preferred Warrants General Investors Trust ....1 Gen'l Realty & Utilities com 1 Interstate Equity common 22.86 ' 2.50 9.93 2 Insurance Group Shares... Insull Utility Invest— Deb g 5s Jan 1949 F&A / Deb g 6s 1940 B with war..J&J / 94 32 2.25 3.26 Independence Fund of N A 8% 51 6* 8.17 19.90 American Investors...* $6 preferred * Deb 5s Feb 1 1952 F&A General Capital Corp .....* General Investment Corp Railroad 17.72 20% 7.52 2% General Steel Shares 72 19% 27& 31X 30% 18.40 ..1 .... Petroleum Shares a* 1 Class B 4|K sg J* 20.19 30.53 % 30% 3% 21.74 • Class A 19 75 ..._...* Central States Elec Corp 7% preferred Conv preferred Conv pref series of 1929 6% cum preferred Century Shares-Trust Chemical Fund 30 35 61c 4.05 Cent-Illinois Securities Corp 1 $1.50 conv preferred * Cent Invest Corp 5-0s '57-.A&O ♦Central Nat Corp class A * ♦Class B 24 94 10 » Carey Trust 3 7% 102% 102% 19c 1 <28.70 Stocks Niagara Share Corp (Md)-— Conv deb 5M« 1950—-M&N 6 ......... Fundamental Investors Inc. 2 Fundamental Trust Shares Inc— 2 25.82 15 Bullock Fund Ltd... 1 Canadian Internat Inv Trust— 5s series A 1959 A&O Canadian Invest. Fund, Ltd 1 Canadian Pow & Pap Invest Ltd— Deb 5s series A1958 F&A 2 73 Common with warrants Common ex-warrants 6% 3.67 IX 38% 16.57 12% 2 71 Foundation Trust Shares ser A..1 National Investors— 5 Basic Industry Shares... ...10 Blue Bidge Corp common 1 $3 conv preferred 100 Boston Fund Inc Boston Personal Prop Trust * British Type Investors........1 Broad St. invest Co Inc 5 1 .....* com warr Aviation Shares 8 1 ♦Class A S* 26 Ask share Fourth 16 44 ..... ♦Bancamerica-Blair Corp Bankers Nat Investing— 72 5% 5 50 0% preferred pref with Foreign Power Secur Corp— 1st colltr conv 6s A 1949..J&D 24 8* $2 M preferred 1 $3 preferred 1 Amer General Equities Ins 25c ♦Amerex Holding Corp * Amer Insuranstocks Corp......* Amer Investment (111)........* 7% preferred 25 8% preferred .....25 $3 6 3.54 S3 preferred Associates Investment Co... conv Bank stock series 10c Insurance stock series 10c Fixed Trust Shares series A...10 9©ri©s B 20 Foreign Bond Associates IncI110c 10c $2 preferred Shareholdings Corp ♦First Boston Corp .....10 First Mutual Trust Fund.... Fiscal Fund, Inc.— 56 % Deb g 5s 1953 F&A Amer Business Credit A........1 Amer Business Shares........ Amer Capital Corp A.. 10c Class B $6 Empire Capital Corp A 5 equitable Invest Tr (Mass) 6 Klnuity Corp common ...10c $3 conv preferred...........1 Equity Shares ......1 Fidelity Fund, Inc 42 Alliance Investment com— —* Allied Int Investing Corp com..* $3 convertiblepreferred * Amer British & Cont Com 10 preferred Flee 99 M J&J Bid Par share Administered Fund 2d inc......* Affiliated Fund com....—.. 1.25 Sec conv deb 5s 1944-47—J&J and Income and defaulted bonds possible for the closing day of the month preceding the date of issue * No par value, e Ex-coupons. / Flat price, 101M 4% Wisconsin Bankshares k Last sale, n Nominal x Ex-div. y . "5"' Ex-stock div. Utilities Public (Includes street and electric railways, gas, electric power, water, telegraph, telephone and bridge companies.) prices are "and Interest" except where marked "f" Quotations for all securities are as near as possible for the closing day of the NOTICE—All bond Bid Bonds Adriatic Electric Co (Italy)— A&O \tlanta Nor Ry—See Ga Ry Atlanta Wat El & Pr 5s 1943 66 79 Ala Gas Co 1st M 4M» 1951-F&A Alabama Power 1st os 1946-M&S 1st &ref 5s 1951 J&J 1st & ref 5s 1956 M&N 96 98 97 98 J&D 84 84 M M&S 89 89 M Extls f 7s 1952 1st & ref 4 Ms 1967 1st & ref 5s 1968 99 % Alabama Water Service Co— 1st M 5s 1957 ser J&J A Allegheny Gas Corp 6 M.8 ctfs '43 / Alliance Power 1st 6s 1952. .M&S / 101 100 12 90 Alliance Pub Ser(Ohio)5s *57 M&S Altoona & Logan Val Elec Ry— 1st coll 4s Jan 1 1954 J&J 1939 Amer Commonwealths Power— Deb g 6s 1952 ser A F&A / Deb g 5 Ms 1953 M&N / Conv deb 6s 1940 M&S / ■ mm mm ~ ~ 85 75 95 Amarillo Gas 6s Am Community Power— 5 Mb Certificates of deposit 1953 / Amer Elec Pow deb 6s '57 M&S15 / Amer & Foreign Power Co— M&S Deb g 5s 2030 Amer Fuel & Pow 7s 1934-J&J / Amer G & E deb 5s 2028 M&N 70 M M % M M M 5M 15 17 54 55 13 108 Corp coll 414s *53.A&O 1963 A&O 58M Am Pow & L deb 6s 2016 Amer Rys Debenture 4 Ms . 1st 1 5^8 1948 ser A Deb 6s 1938 25-year deb 3 Ms 1961 30-year deb 3 Ms 1966 43 1960 Bellows Falls Arkansas & Missouri Power Corp 6s series A 1957—-J&J 1956-A&0 Ark West Gas 1st 5s w w *39.J&J Ashl'd Home Tel 4 Ms A 1961A&0 Ashtabula Wat Wks 5s 1958-A&O Assoc Elect 4Mb 1953 5s Jan 1 1961 J&J J&J Associated Gas & Elec Co— Conv deb 5 Ms 1977 F&A Conv deb 5s 1965-—. Conv deb 5s 1950 Conv deb 4 Ms 1949 Conv deb 4 Ms 1948-Cons ref deb 5s 1968 Cons ref deb 4 Ms S fine deb 5 Ms A M&N F&A J&J 76 6 70 101 103 M 96 94 65 42 1Q58 M&N Associated Telep Co Ltd— 1st M 4s series B 1965 J&J Associated Telep & Teleg Co— Deb 5 Ms 1955 ser A M&N Assoc Telep Util deb 5s 1942A&0 Certificates of deposit 1941 M&S Certificates of deposit Conv deb 5Ms 1944 ser CJ.M&N Certificates of deposit 2-yr 6% notes 1933 A&O Certificates of deposit Athens (Ga) Ry & Electric— 1st & ref s f g 58 1950 J&J Atl Cons St RR—See Ga Ry & El Atlanta Gas L 5s g 1947 J&D Gen mtge 4Ms 1955.....M&S Conv deb 6s * Called Dec. 17 at 103. 111 Canadian L & P 5s '49 op '14 J&J Canadian Rail & Harbot— Terra 6 Ms M&S / 1951 M&S '56J&J Cape & Vine'd El 4s A '65 J&J Capital Traction (Wash, D C)— Hit g 5s June 1, 1947 J&D Carolina P & L 1st 5s 1956--A&O 48 Cedar Rap Mfg & P 5s '53—-J&J Cent Ark Pub Serv Corp— 93 M 1st & coll tr 5s 1948 99 M "6" 3 1959—F&A Deb 6s Apr 1,1955 A&O Berlin Elec Elev & Underg Rys— 1st mtge s f 6Ms 1956 A&O f 37 F&A 108M 109 m 105M 118M 94 M 95 M Birmingham Elec 4 Ms 1968-M&S Birmingham Gas 1st 5s '59.M&N 6% notes extended 1938--A&0 Birmingham Water Works Co— 1st m 5 Ms 1954 ser A A&O 1st m 5s 1954 ser B J&D 48 49" 1st mtge 5s 1957 ser C F&A Blackstone Val G & E 5s '39.J&A 48 49 96 M 103 104 93 M 94 M 101M 96 M 101M 101 101M 40 M 98 103 44" 47 48 M 41 43 27 30 M 27 M 26 32 28 M 29 M 29 M 28 30 28 26 24 29 27 29 25 23 4 4 5 4 5M 5 96 M 98 95 98 58 60 56 M 50 51M 49 51 29 30 27 M 28 ser A—F&A 25 M 26 24M 25M 70 65" 69 M 54 70M 57 105M 75 - - 76M 39 37 M 37 M 39 J&J Brooklyn Queens Co & Sub— 1st m g 5s 1941 (stpd) J&J 1st con 5s July '4l (stp)—M&N Bklyn Un Elev 5s 1950 F&A Kings Co El 1st 4s 1949 F&A Nassau Elec 1st g 4s 1951--J&J Bklyn Un Elev—See BklynQueens Bklyn Un Gas lstcons5sg'45M&N 1st lien & ref 6s '47 ser A—M&N 1st I ien & ref 5s ser B 1957 M&N Deb 5s 1950 J&D Buff Gen Elec 1st ref 5s 1939-J&J Gen & ref 4 Ms 1981 F&A Buffalo Niagara Electric— Gen & ref M 3 Ms ser O *67-J&D 2s deb A 1939-1942 J&D 3s deb B 1943-1947 J&D 3 Ms deb O 1948-1952 39 122M 101M 122M 124M 117M 118 128 128 M J&D 103M 70 104M 1st & ref 6s 1952. J&D Cent Illinois Light 3 Ms '66--A&O Central Illinois Public Service— 107M 102M 6 Basis. Cent Hud Gas & Elec Corp— 1st & ref 5s 1941 J&D 110M F—J&D 103 M 102 M M&N 103 M 1st & ref 4Ms 1981 ser H—J&D Cent Indiana Gas 5s 1957—M&S 101M 26M 28 Vs 1st mtge 4Mb 1967 ser 1st & ref 5s 1968 ser G ser 89 29 M Central Indiana Power Co— J&J 95 M 87 M 87 M Cent Iowa Telep 5Ms A 1947-J&J Central Kansas Pr 6s 1946--M&S 101M 74 76 Cent Maine Pr 5s '39 op 79 83 26M 1st & ref 6s 101 1947 ser 1st & gen 4s ser G A T9.M&N 1960—A&O 1st & gen M 3 Ms ser H '66-F& A Cent Mexico Lt & Pow 104M 1st 101 105 112, 107 % s J&J f 6s 1940 Central N Y Power Corp— Gen mtge 3 Ms 1962 A&O Cent Ohio L & P 1st 5s 1950-A&O Conv sec 4 Ms 1940 Cent Pow 1st 58 1957, ser J&D D.J&J 98 104 106M 99 M 25 106M 100M 100 84 Cent Pow & Lt 1st 5s 1956--F&A J&D 1st 6Ms series B 1951 Cent Pud Serv Corp— 103 1M 1M Conv deb 5 Ms '49 F&A Cent Public Util. (ws) inc5 M s -1952 Central States Edison, Inc—■ 1st coll inc 3-5s 1950 M&S / 64 M Central States Elec Corp— Conv deb 5s 1948 106M 109M 31 J&J M&S 15 Deb 5 Ms 1954. 117 101 Cent States Pow '29M & Lt Corp— 1st M & 1st lien 5 Ms Debenture 5s 1944 1953.J&J 53 M J&J 32 M Cent States Utilities 6s 1938-J&J (Del) 6s 1938—M&N 86 1st mtge 3 Ms ser B 1966—F&A Charleston Cons Ry Gas & El Consol gold 5s 1999 M&S 103 52% 13M Cent Vermont Public Serv Corp 55" 85 M 103 M 104 100 Charleston Transit Co— 107 107M 76 Vs 93 M 75 72 76 M 72 71 71 76 85" 77 73 73 72 M 72 M 72 M 71 71 71 71 71 71 72 M 72 M 71 72 M 72 M 35 40 73 M 1st 5s 1942 M&S Gen & adj 5s 1952. Coll trust 5s notes 1942 M&S / 45 M&S 74 Chattanooga Ry & Light— 1st & ref g 5s 1956 op '16.M&N Chatt Rys 1st cons 5s '56.M&N Chester Water Service Co— 1st 4 Ms 1958 series A Chic Aurora & Elgin RR— M&S J&J / Chicago City & Connecting Ry Coll tr s f g 5s Jan 1,1927-A&O / 1st & ref 6s 1951 Chicago City Ry— 1st 5s (15% paid) 1927—F&A Chic Dist Elec Generating— 1st M M&S 4M« 1970 M M — m -- -- — — 90 93 M 70 73 105 2M 1M 5 6 40 41 104M 104 % Chic North Shore & Milw RR— 35 33 38M 85 86 83 M 32 85 M 36 107 106 1st mtge gold 5s 1936 1st & ref 6s 1955 ser A 1st & ref 5Ms 1956. 107 M 106M 96 M 76% / J&J / A&O / J&J / / Cons M 5s ser A Feb *27.-A&O / Series B Feb, 1927 J&D / red and pay Aug Certificates of 1, 1938—F&A deposit 101M Chippewa Power 6s 1947 110M llOM 108M 109M 100 40 M 41M 6M 2M Chicago Rapid Transit Co— 101 76 M 101 1M M 1 2 ; . 1M 1M Chicago Railways Go-rlst 5s 1927 stpd as to 25% pt / Certificates of deposit / 1st & ref 6s 1953 ser A J&J / Certificates of deposit / Adjust deb 6s July, 1963.-J&J / Certificate of deposit / Chicago & West Towns Rys— 1st cum inc 5s 1937 J&J / 96 1st &ref 6Ms 1944-.-, -J&J 43 41M 7 3M 6M 6M 6M 6M M M 7M 7M 7M 7M 6 6M d M J&D 106 ...F&A 1st mtge 3 Ms 1967 J&D Cin Newport & Gov L & T— 108 J&J 87 90 A&O A&O 73 76 80 Cincinnati Gas & Electric— 1st mtge 3Ms 1966 1st ref 6s 1947 series A Cincinnati Street - /This price includes accrued interest, 102 M 103 M&N E 1st & ref 5s 1956 Ry Burlington (Vt) G L 5s 1955-J&J 118 Butler Water 5s 1957 A A&O 105M Butte El & P 1st s f 5s 1951 J&D 115 Cairo Bridge 1st inc 6 Ms '58. J&J / 52 Calgary Power 1st 5s 1960--A&O 100M 1st s f 5s 1964 J&D 99M - 109 109M F&A 41 28% 26M 80 75 M 26 M&S 1st & ref 3Ms 1965 36 See International 103 '46.-J&D First lien coll tr 5Ms Central German Pow 6s '34-J&D 1st & ref 5s 1951 73 Buffalo Traction— 104 93 Cent Ills Elec & Gas Co— 1946-M&S Central Gas & Elec 6s Buff & Nlag Falls El L & Power— 1st gold 5s 1942... F&A 116 116 79 97 M 114 105 Cent Telep 1939— 87 M 100 M 102 M 101 110M 122 Broad River Power Co— 5s 62 Central Elec of N J 5s 1940.-J&J 104 100M 110M M & coll tr 4s ser C '65—M&N 107M Mtge&Coll tr 3 Ms ser D'68 J&D Bleecker St&FulFy-See NY Rys Bloomington Dec & Champagne 96 1st & ref 5s 1940 M&N 93 Bolivian Power 8s ser A '45.A&O Boston Elevated Ry— 106 M Deb g 4Ms Nov 1, 1941—M&N 108M Deb g 5s Dec 1942 J&D 109 West End St 5s 1944 M&S 120 7s Sept 1947 M&S Brandenburg (Germany) El Pr— Extl 1st s f 6s 1953 M&N / 20M 115 Bridgeport Gas Lt 4s 1952.-J&J 100 Brith Colum Pow 4 Ms 1960.M&S British Colum Tel 5s 1960 107M J&D 106 M 1st 4 Ms series B 1961 J&D 1st & ref 5s 1954 ser A M&S Bway & 7th Ave—See N Y Rys Bklyn Borough Gas 5s 1967-F&A Bklyn City RR 1st 5s 1941—J&J Brooklyn Edison Co— Consol mtge 3 Ms 1966—M&N Bklyn-Manhattan Transit Corp Coll trust 4 Ms 1966 M&N Coll trust 3s 1939 M&N Coll trust 3s 1940 M&N Coll trust 3s 1941 M&N Coll tr series 3 Ms 1942-J-M&N Coll trust ser 3 Ms 1943—M&N Coll trust ser 3 Ms 1944—M&N Coll trust ser 3 Ms 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 3 Ms 1950—M&N Coll trust series 3 Ms 1951 .M&N Brooklyn City & Newtown RR— 103 % 100 Cent El & Tel 1st 5s scr A '55 J&J 102 Sink fund deb 6 Ms 4s series O 1956 48 103 Canadian Utilities Ltd— 105 Blddefora & Saco Water— 45 34 29 M Deb 6s series A 1947 J&D Berlin City Elect 6Ms 1951—J&D 1st extend 6s 54 -A&O Ry—See P S Corp 1st mtge 5s ser A 1955 Canadian West Telep 5 Mb Berkshire Street Ry— 72 A&O » A&O J&J Bergen Turnpike 5s 1951 102M 28 1983-—F&A S fine deb 5s B 1983 M&S S fine deb 4 Ms C 1983—.M&S S fine deb 4s D 1983 M&S S f inc deb 5 M-6 Ms A 1986 F&A S f inc deb 5-6s B 1986—M&S S f inc deb 4 M-5 Ms O '86.M&N S fine deb 4-5s D 1986—M&S Conv A 5s 2002 Q-F / Conv A 6s 2002...... Q-M / Conv A 7s 2002 Q-F Associated Gas & Elec Corp— 8-year 8% w w 1940 M&S 88 ex-warrants 1940 M&S Conv deb 5M8 1973 F&A Conv deb 5s 1973 J&D Conv deb 4Ms 1973 J&D Conv deb 4s 1973 M&S Income deb 4 Ms 1978 F&A Income dob 4s 1978 A&O Income deb 3 Ms 1978 M&N Income deb 3 Ms 1978 M&S Assoc General Utilities— Income debs w w 5s 1956.M&N Income deb 4s 1961......M&N Associated Pub Utilities Corp—1st lien 5s 1947 ser A J&J 83 Hydro-Elec Corp— 1st mtge 5s 1958 M&S 1958—M&N 1st 4Ms 1960 Camden & Sub „ 100 1st & ref 4Mb 1950 F&A Arkansas El & Wat 6s 1944-F&A / —103 % Ark Louisiana Gas 4s 1951--J&J Arkansas P & L 1st 5s Beaver Valley Water 5s '60-M&N Bell Telephone of Canada— 105 J&J A&O J&J A&O F&A 24 101M 104 Camden & Rockland Water— Canada Nor Pow coll 5s '53.M&N 20M 92 M — Collateral s f 5s 1973—--A&O Beaver Valley Trac 5s 1950-A&O / 104M Appalachian Power 6s 2024--J&J Ardmore St Ry—See Phila Co Income 6s Beauharnois Power 5s 1978--- „ 81M 60 M J&D J&D Ana&Pot R RR-See WashRy&El Anchorage Lt & Pow 7-5s'43 F&A Androscoggin & Kennebec Ry— 1st 6s 1940... M&S Androscoggin W Pow 6s *45-F&A Appalachian Elec Power— 1st mtge 4s 1963 F&A 8 f deb 4Ms 1948 F&A Income 5s 1960 A&O -.A&O / 105 Deb 5s 1975 ser B Arizona Power 5s 1950 S f income 8s 1953 112M Amer Water Works & Electric— Deb 6s 1975 ser A M&N 1st 6s 1945 J&J f 20 i: J&J / 22 '* 80 J&J 86 Bangor Gas Light 5s 1941...A&O Bangor Hydro Electric— 109M 1st mtge 3 Ms 1966 J&J 90 Barstow (W S) deb 6s 1942.-A&O 112 M 104 % F&A 15 100 Deb 4s series A 1975 Deb 5s series A 1975 Deb 5s series B 1975 M&N A&O Amer Utll Service 6s 1964--M&N Arizona Ed 1st 5s 1948 981 Calif Water & Telephone— 1st mtge 5s 1965 M&S Calumet G & E 5M» B 1960-J&J Calumet & South Chicago Ry— 1st (35% prin paid) 1927 F&A / 105 1955 ser A M&S 1st g 5s 1957 ser B J&D 1st mtge 5s 1960 ser C M&N Bell Telep Co of Pennsylvania— 1st & ref 5s 1948 ser B J&J 1st & ref 58 1960 ser C A&O J&D 101 192^ 10;:' 1st g 5s M&N American Toll Bridge— 5 Ms series D, 1945 98 1 45 Amer States Public Serv— Amer Telep & Teleg— Deb 5 Ms Nov 1 1943 105M & Elec M&N 1st 7s 1953 Serial notes 63.00% _ _ 94 M 95 % 104M 81M 75M Bear Mt Hud Riv Bdge Co— 108M 41M 40 M 43 M 80 M 103 M 80 J&D Atlantic Co Wat 5s *58 ser A M&S Augusta Ry & El 1st 5s 1940 J&D Aurora Elgin & Chicago Elec Ry 1st 5s 1941 A&O Avalon Telep Ltd 4 Ms '58--A&O 15 J&D M&S Secured deb 3.6-6s 1953 Atlantic City Sewerage— 1st s f 6s ser A 1956 California-Oregon Power— Deb gold 5Ms 1942 A&O 1st mtge 4s 1966 A&O Calif Water Serv 4s B 1961.M&N 101 102M Bid Bonds Ask 104 6Ms 1942..F&A Atlantic City Electric— Gen mtge 3Ms 1964 J&J Atlantic City Gas 5s 1960 J&J 1st lien & ref 5s 1957 J&J Baltimore County Water 1st 5s 1946 Baltimore Transit Co— 76 Am Gas & Pow deb 3-5s '53_F&A & El J&J \tl Beach Bridge 104 COO oow Bid Bonds Ask and income and defaulted bonds month preceding the date of issue 54 k Last sale, Ry— 1st m 5 Ms ser A 1952 1st 6s 1955 ser B 101M n Nominal. 109M 72M 74 PUBLIC UTILITY BONDS NOTICE—All bond prices are "and interest" except where marked "f" and income and defaulted bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue Bonds Bid Ask Cities Serv deb 6s Jan 1966-M&8 Deb g 5s Apr 1968 A&O Deb g 5s 1963 M&N Deb 6s 1969 M&S CJonv deb 5s 1950 J&D 70 74 68 % 68% 68% 69 M 68% 1st M pipe line 5%s 1942-M&N Cities Service Gas Pipe Line Co— 101 % 101% 1st M 6s 1943 J&J Cities Service Power & Light— Deb 5%s 1952 M&N 102 % - 68% 67367 . _ Cities Service Gas Oo— Deb 5%s 1949 Citizens Independent Is# mtge s f 4 %s ser J&D Telephone A *61—J&J 73 % 73 103 73% 74 102% Citizens Utilities Co—- P&A / A&O Income notes 3s 1955 1st coll 4-5 %s 1948 Citizens Water (Scottdale)— 1st 5s series A 1953 J&J Citizens Water (Washington, Pal 32 56 33% 59 5%s series A 1951 J&J J&J 61 103 5s series B 1951 102 Olarksbury-Columbus Short Route Bdge 6 Ms '52-J&D / Clear Springs Water Serv— 1st 5s ser A 1958 M&S Cleveland Elec Ilium— Gen mtge 3%s July 1, '65-J&J Cleveland Ry 1st 5s A 1945-M&S Cleve South w Ry & Light— Gen & con 5s 1954 Coast Cos Gas & Elec— 1st s M&S / M&S f 4s series B 1965 Colonial Util 5 Ms 1958 J&D Colorado Cent Row 5Ms '46-J&D Colorado Power 1st 5s *53--M&N Colo Utilities 1st 5 Ms 1958.M&S Columbia Gas & Elec Corp— Deb g 5s 1952 M&N Deb g 5s 1952 A&O 15 1st mtge 3 %s ser I 1968--J&D Conv debenture 3%s 1958.J&J Conv deb 3 Ms (int waived to J&J Sept 30 1938) 1958 1 109 35 100 109M 36M 105 37 40 95% 96% 95% 97 109% 93% J&J J&J Stamped guaranteed optJ&J Conn Rlv Pow 3%s ser A 61 F&A Oonnellsv Wat 6s Oct 2 '39-A&0 Consolidated Cities L P & Tr— 1st lien 5s 1962 stamped--J&J Consol Edison Co of N Debenture 3%s 1946 Debenture 3 Ms 1948 Debenture 3Ms 1956 20-year 3 Ms debs 1958 Consol Electric & Gas it—i——1 —'' o o 105% 128% 110 106% 106% 84 105% 10 109" 110% 95 1st 1st 1st 61 61 27% M 89 93" 90 91 20 Ref Ref m 4Ms 1948 A 5s 1948 B J&J J&J Ref 6s Jan 1948ser O..M&S 15 Ref 6s series D Jan 11948-A&O Ref 6s series E Jan 1 1948.A&0 Eastern Michigan Rys m 1st mtge colltr 7s 1958 Adjt 68 due July 1958 J&J / A&O f Eastern Minn Pow 5 Ms 1951 M&S Eastern Oregon Lt & Power— 5M& series A 1951-—M&S m 5Ms 1947ser A M&S 22 86 10 70 72 100 101 64 66" 102 23" 64% 3 Ms 1st M s f July 1. '65.J&J Ed E. Ill(Bkn)See Kings Co EL&P Edison El 111 (N Y)—See NYG Edison Sault Elec 4Ms, 1961 A&O Electric Ferries 7s (w-s) '41-A&O Elec & Peoples. See Phila R T Electric Pow Corp (Germany)— 1st s f 6 Ms 1950M&S / 1st sink fund 6%s 1953—A&O / Electric P & L Deb 5s 2030.F&A Ellz Plainf & Cent J1 See Elmira Raritan Trenton 101 79 87 50 54 2 69 M 103 M 102% 1st M s f g 5s 1954 opt Gandy Bridge (Tampa) 1st mtge s f 5 Ms 1957 Gary Elec & Gas Oo— x-w 120 1.25% 2.75 2.00% 2.00% 60 e 100 A&O / 1944 80 A&O 96 96% 94% J&J 58 with warrants 1944.-J&J Gary Rys Co 6 Ms ser A 1945 F&A Gary Street Ry 1st 5s 1937—A&O Gas Co of New Mex.6Ms '44 M&S Ga8& El of Bergen Co 5s *49-J&D 1,1954 Gatlneau Pow 1st 5s 1956 S f debenture 5s 1949 93% 121% 124 104% J&D General Gas & Electric Corp— Scrip 4s due 1942 / General Public Service Corp— 99 30 100% 93 23 23 74 104% 99% 45 J&J 94% 98 J&J 101% 102 General Public Utilities— 1st M colltr 6 Ms ser A'56_A&0 82 82 83 A. J&D 85 85% 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 & Elec— Atlanta Cons St 5s 1939--J&J 116 1st lien & col 5s 1943 Corp— ser 103 97% 104 25 J&D 103 '39-F&A '39.M&N Cons Elec Pow (Japan)— 1st M 7s 1944 1st & gen 6Ms 1950 Great Lakes Power Ltd— 14 16 77% 79 70 95 M F&A 97 J&J s Great Northern 65% 95 Atlanta Northern Ry Co— 1st guar 5s 1954 op 1990-J&J Gesfurel 6s 1953 x w Grand Rapids Gas L 5s Grand Rapids Ry 1st 7s 98 63 61M 63 108 M 112 Power— 103% M&S Corp— 1st mtge 5s 1948 F&A Greenwich Wat & Gas System— Col tr 5s 1952 series A——A&O Col tr 5s 1952 series B 102 M Hackensack Wat 4s'52 102 98 M A&O 101 57 1Q4M 97 M 107 107 75" 108% 109% —-J&J 104% 104% 107 M&N 107% 108 105% 105% 1st mtge 4%s ser A 1951—J&D Conv deb 4%s 1946---—J&D Empire District Elec Co— 104% 105 M&S 99% 58 105 99 1083 108j 106 A&O op'12 J&J 102% 100 X 106»m Gen&ref 5s June 15'77 A J&D15 dl01.19 106 M 5Ms June 15, 1977 ser B.J&J 98% 96 22 J&D Conv deb 5s 1953 Conv deb 5%s 1939 97% 20 M&N 10-year 4 Ms deb 1946 110% 1st m 5s 1950 ser A El Paso Nat Gas— m 2.00 2.75 1st M & ref 48 ser O 1966—A&O 1st & ref 48 O 1966 (new)-A&O 99 1st & El Paso El Co— 1st & ref 83 100 98 Express— Equip trust 4 Ms to 1941—F&A Equip trust 4%s to 1943—M&S Equip trust 4s to 1946 M&S Fullerton-Portsmouth Bridge— 1st s f 6s 1957 M&S 102% 101% 110 89% 98 1935--J&J 6s 95% 93% 81 Gulf Public Service Co— 1st mtge 6s 1945 ._A&0 Gulf States Utilities Co— 107% 107% 76"" Wat 97% 92% J Corp Water, Light & RR— con g 5s 1956--. M&S 95 90 M 89 Guilford-Chester Water5s '39 J&J Gulf Coast Water 1st 5s '48-F&A Gulf Power 1st 5s 1968--—-A&O 107 67 Un ,69% __ 95 108% A&O / Fontana 1st & ref 4 Ms 1953 Green Mountain Power 87 J* 68 79% 69 1st 5s stamped 1950..----F&A Green Bay & Miss Canal— Rivi-Public Serv RR 78% f 4%s 1956 M&S Great Lakes Utilities Co— 1st lien coll tr 5 Ms 1942—M&N Edison Elec Ilium of Boston— & 8 Ry 5s Mayl 1942—J&J Florida Pow & Lt 1st 5s '54 J&J Florida Public Service Co— 1st 4s series O 1955 J&J Florida Telep 1st 6s 1945..A&0 1st 98 77 78 98 25 1st lien col tr 5 Ms 1957—M&S Florida Power Corp— 1st mtge 4s series O 1966.-J&D Great 108% 63 Fed'l Pow & Lt 6s Nov 1,1965 Federal St & Pleasant Valley 99% 101% 1st mtge & coll 6Ms C55-A&0 22% M&N M&N M&N 1st M&N Consum's Water 1st 6s A *46 M&N Deb 5M® series A 1970 s f 5s 1964 M&N Eastern Mass Street Ry Co— Eliz & 21 4M 4% 1 E. Kootenay Pow 1st 7s '42.A&0 97 East Prussian Pow 6s *53 J&D / 21 E St L & Interurb Wat 5s '42 J&J * 101% 1st mtge 6s 1942 J&J * 101% Eliz Power Co— 3 %s 1965 mtge 3 Ms 1965 mtge 3 Ms 1967 mtge 3 Ms 1970 mtge 3 Ms 1966 Durham Trac 1st 5s 1941—M&S East Coast Pub Serv 4s 1948 F&A East Jersey St Ry 5s 1944--M&N Economy Lt & Pr (111) 5s '56.J&D 109% 1st mtge M&S 105% 104% 47 B__ J&D General Water Wks & El 1st M & 1st lien 5s 1955 B M&S Easton Consol El 5s 1949 —M&N Ref mtge s f 3 Ms 1971— J&D Consol Gas Utilities Co— Consumers f 106% 106% 124 60 f 5s series B 1953 J&J Eastern Shore Pub Service Co 103% Corp 6% notes, 1940 A&O Consol Hydro-Elec Wks of Upper Wuerttemburg 1st 7s '56-J&J / 4% 3% J&J f Dom Elec Pow 5 Ms 1955 M&8 Dominion Gas & El 6 Ms '45.J&J 85% 47% 47% 93 Gen 5s Nov Eastern Lt & Pow 123 60 110 110 42 128% 113 111 112 Eastern Gas & Fuel Assoc— 1st m & coll tr 4s A 1956-M&S Eastern Iowa Pow 6 Ms 1943-M&S 130% 111% 107% 107% 87 M Bridge— 40 69 99% 1st lien coll 5s G '66M&S w s 99 Debenture 6s 1954 Galv-Houston Co inc 6s '55-J&D Galveston-Houston Etec Ry— 4% 4% Duquesne Trac—See Phila Co Durham Pub Ser 7s A '49--A&O 100% 18 F 1965. A&O ser 100 93% Fruit Growers' 109" 86 85 15 75 107% 17 38 26 80 104 44 M 44 M Dumbarton B'ge 6 Ms to '49-J&J Duquesne Gas Corp— lstconv6sctfe. 1945 M&S15 / Duquesne Light—See Phila Co Duquesne Nat Gas 7s 1948.-J&J 104% 104M 84 1st gold 5s 1950 1st 5s 1953 Gen g 4Mb Apr 1954----A&O Consol Gas Elec Lt & P (Bait)— 6s unstamped 1943 ser A--J&D 6s stamped 1943-J&D ser 104% Federated Utilities Inc— 55 106% 106% 106% 1st mtge 6s 1947 series A-.J&J 1st mtge 5s 1950 series B—A&O Detroit EdisonGen & ref 4Mb 1961 ser D.F& A 1st oo 103% 106% 18"" 108 104 1st 5s (Amer series) 1942.M&S 1st 5s (Internat ser) 1942—M&S ser 58 107* Sinking fund debs 5s 1946-J&D Certificates of deposit 5s, 1966 M&N Detroit City Gas Co— 107% 106% 105% 100 126% 109% 108% 108% 100% 104% 1st International A&O Federal Water Service Corp— Conv deb 5 Ms 1954 M&N 106 M Tunnel— 1st mtge s f 6s 1953 —M&N Certificates of deposit Convs f deb 6Ms 1948—M&N Gen & ref M 3 Ms Rys—1st 6s 1954 Erie Ltg 1st m 5s 1967 A&O Erie & Suburban Ry 5s 1941 A&O Fall River El Lt 3_Ms 1968—M&N Federal Light & Traction— Pass Danville Tr & Pow 1st 5s '41.J&J 38M Darby Med & Ches Ry—See Phila R Tran Dawson Ry & Coal 5s 1951—J&J 101M Dayton Power & Light— 1st & ref M 3 Ms 1960 107% A&O Delaware Elec Power Oo— _ 45% 45% 45% 102% Collateral 6s 1957--F&A Consol Gas of Bait 5s 1939--J&J 109 M 58 106 Gen & ref M 4s Erie 50 M 111 130 16 Stamped M&S 1st lien g 6s 1942 stpd—M&S Dallas Ry & Ter 1st 6s 1951 .J&J Certificates of deposit Det & Pt Huron Shore Line— 110 108 -A&O Coll 6s ser A Aug 11962--M&N 6s series B 1962F&A 103 39 101 1st mtge s f 6M® 1952—-F&A Certificates of deposit-—... 8 f deb g 7s 1952 F&A Y— A&O A&O J&J 102 M 36 108 M 57 Detroit Power— Lt 4 Ms 1951 47 M 97n 100 99 Detroit & Canada Community Pub Ser 5s 1960-J&J 100% Community Teleph 5s Jan 1 1949 / 8 Community Water Service Co— Deb g 6s 1946 ser A 67 J&D Deb g 5Ms 1946 ser B—M&S 38 Oonestoga Trac 1st 4s 1950--J&J Coney Isl & Bklyn cons 4s '48 J&J trust 5s 1956 1st sf6Ms 1953 with war M&N 94 F&A 101 108 102 Equit G & E Utica 5s 1942-A&O Erie Oo Electric 6s 1959— J&J 45 M J&J 109 106 M Empire Gas & Elec and Empire Coke jt 1st & ref 5s'41 opt.M&S 63 Hen & ref 7 Ms 1941--M&S Cumberland Co (Me) Pow & Lt— 1st mtge 3%s 1966 A&O Cumberland Gas 6s w-s 1948M&N Cumberland Valley Telephone— 100 Ask Bonds Ercole Marelli El Mfg Co (Italy) 88 1st 108% Bid Empire Gas & Electric Oo— Gen & ref 6s ser A 1952.-J&D 105 lst M 96 - 1st & ref M 3 Ms ser G '66-J&D 25-year deb 3Ms 1956---M&S Pow 5s 1939---J&J 8 95 77% Deb 5 Ms 1959 Delaware Power & 45 Commonwealth Lt & Power— Ref & unif 7s 1962 J&J / 5 Oom'w'lth Tel (Pa) 5Ms *45 M&N 77 Com'w'lth Tel(Wis)4s serA 1M&S 103% Community Power & Light Oo— Col M 5s 1957 74 M&S Conn Ltg & Connecticut 1st & coll Conn Ry & 69 102 105 Com'w 1th El 5s June 1 '43-M&8 115 Commonwealth Gas Corp— Non-cum inc deb 6s (w s) 1948- / 36 Non-cum inc deb 6s (x s) 1948 / 23 Connecticut Light & Power— 1st & ref s f 7s '51 ser A-.M&N 1st & ref M 3 Ms ser F '66-M&8 7 Crescent Public Service Co— Coll inc 6s B Oct 1 ,1954—J&D Cuban Telep conv 5s 1951—J&J 1st mtge 5s 1966 Dallas Power & Light— 1st mtge 3 Ms 1967 83 93 Oooper RivBri'geinc lst6s'58M&N Copper DistPow4Ms 1956--J&D County Gas of Dallas 5s '46 A&O County Gas (N J) 5s Jan 1 ,1952- J&J Light Co4Ms 1971 J&J 1st mtge g 4 %s 1969 J&J 1st mtge g 4ks 1969 J&J Delaware Vail Util 6s 1952.M&N Denv Gas & El 1st g 5s '49--M&N 1st & ref 5s 1951 M&N Stamped as to Pa tax Denver Tramway Corp— Gen & ref 5s 1950 ser A J&J Des Moines Ry 1st .nc 5s Jan 1 '55 Deb 5s Jan 15. 1961 J&J 15 92% Columbia River Longvlew Bridge 6Ms stamped 1953 A&O / 4 Columbus (Ga) Elec & Power— 1st & ref 6s 1947 ser A.—J&D 105 1st & ref 5s 1954 ser B—.M&N 106 Columbus Ry Pow & Light— 1st mtge & colltr 4s 1965-M&N Commonwealth-Edison Co— 1st M 4s 1981 ser F M&S 1st M 3%s ser H 1965—A&O 82% Danbury & Beth Gas 6s 1948 F&A 57 City Gas & Elec 1st 6 Ms *51 _J&J / City Light & Traction (Sedalla, Mo) 1st s f 5s 1952 J&D 85 City & 8ub PS—See Un Rys of St L City & Sub Ry—See Wash Ry & El City of New Castle Water— 6s 1941 J&D 101 City Water (Chattanooga)— 1st M 5s 1954 series B J&D 1st M 5s 1957 series O—M&N Ask Bid Bonds Oontln Gas & El deb 5s 1958 F&A Continental Pub Serv 6s '40-J&D Continental Telep 5s 1953--F&A Hamburg (Germany) Elec Co— Extl g s f deb 7s 1935—M&N / 25 Hamburg (Germany) Elev Under25 gound & St Rys 5Ms'38._J&D 49 Hamilton Gas 6 Ms Aw w '37 J&D Harrisburg Gas 5s 1970—.M&N V 107 Havana Elec Ry 5s 1952 F&A / 37% 5M8 (Sept'31 coupon)'5l-M&S / Hempstead & Oyster BayWater 6% July 1 serially Hest Man & Fair Pass Ry—:See P hil R T Home Tel & Tel (Ft Wayne)— 1st 6s series A 1943 105 M J&J 1st 5Ms series B 1955 103 A&O Hoosac Valley Street Ry— 102% 40 52" 38% a - . 5s 1952 163 99% 1st ext 6s June 1 1947 M&S Houston Elec 1st 6s B 1950-J&D Houston Gas Securs 5s 1952-M&S 20 95 100 Houston Gulf Gas— 1st M & col 6s 1943 ser A-A&O Deb 6Ms 1943 with war..A&O 102% 103 101 102 % * at Called Jan. 1, 100. 1939, at par. t Called Dec. 9 at 105. f This price includes accrued interest, k Last sale, X Called April 26, 1939, at 105. 6 Basis, d Called Dec. 15 at 101%. e Called Dec. 15 n Nominal, y Incorrectly reported last month as having been called for redemption. NOTICE—All bond prices are Bid Bonds isarco Light & Power Hudson Co Gas 5s g 1949--M&N Hudson River Trac 5s 1950-M&S 122 % 63 124" Hunt'g'n Wat 1st M 0s '64A M&8 1st M 5s 1954 ser B M&S 1st 5s ser O 1902 A&O 103 M 105" 40 119 103 M 121 103 M 104 M 101 101M 102" 107 111 102 103 1960 ser B—M&S 111 Community Tel 6s 1949.-J&J 102 103 „ 1st mtge 5s 64 Illinois Northern Utilities Co— 106M 108 101M 1st & ref 5s 1957 opt A&O Illinois Power & Light Corp—1st & ref 68 1953 series A—A&O 102 B—J&D J&D M&S 97 & 103 M 102 M A—M&N 82 100 88 101M 90 Indiana General Service— 87 110M 106M 109M 106M M&S Indiana Pr 1st 7Ms *41 A .M&N Indiana Ry & Lt 1st 5s 1943-J&J 1st & ref 5s 1955 112 101M Indiana Service Corp— 1st & ref M 58 Jan 1.1950.J&J 57 M 57 K 6% conv notes 1940 J&D Indiana Telep 5s A I960-.— J&J Secured 5s Inter borough 96 68 1945.—-.M&N 51 105M 107 " / / f 55 M 55 M 14 / 98 53 M 53 M 15M 14 M 14M 14 M 15 15 15 6 si* Rapid Transit— 0% notes 1932 A&O / Certificates of deposit Conv g 7 % note 1932 M&S Certificates of deposit Intercontlnents Power Co— Debs A 6s 1948 J&D International Hydro-Elec System Conv deb 6s 1944 w w A&O 1957M&S M&S J&J Corp— 0M% sec bonds 1955ser C J&D Sec 7s 1957 ser E _F&A Sec 7s 1952 ser F J&J15 International Railway (Buffalo)Buff Trac 1st 5s 1948 J&D Internat Ry ref 5s *62 op.M&N 68M 67 M 44 M 68 M 65 44 67 M 65M 66 M 65 Deb g 4 Ms J&J 1952 J&J F&A IntrState Bridge 4-6 Ms *50 M&N Interstate Gas & El 6s 1951. .J&D Interstate Power 1st 5s 1957.J&J Deb gold 6s 1952 J&J Interstate P S (Ark) 6s 1940 M&S / - B—J&J 1st & ref 5s 1950 ser D J&D 1st & ref 4Mb 1958ser F—M&S Interstate RyB 4s 1943 ...F&A f Interstate Telep Co— 1st M 5s 1961 A&O Interstate Tel & Tel 5 Ms 1953J&J Investors Telephone 3s 1961. J&J Iowa-Ill 75 H 75 M 98 M General 5s 1933-—-—--F&A Lake Sh Gas 1st 5 Ms 11 9 78% 48 H 47 H 49 43 46 M 43 46 M 102 50% M 16" ^ 1 108 105M J&D 39 37 H 105M J&D 68 M 62 59 Lockhart Power 4 Ms 38M 41M 7 1955.-J&D 101 99 M 82 84 78 % 77 H 1 M 97 103 M 99 56 56 M 105M 92 M 91H 80 115" 114M 105 H > 99 H 99 M 106 M 104M 91 3^f SWOM 100M 109 105 92 97 105 • M&1S J&I )|106_ 88M ] , 104 V 90 106" 104 78 UU-Ui Louisville Gas & Elec Co (Ky)- General 5s 94 82 106 H 107M 107% „ 120 1940J M 101 Fi 69 1950 98 A 1966.M 100M Lower Austrian Hydro-Elec— 1st s f g 6 Ms 1944 F^ 102 25 Lower St Lawrence Power— 100 102M * Called Jan. 1, 1939, at 105. t Called Jan. 10, 1939, at 104. k Last sale, n Nominal, r Canadian price, x 82 107 33 J&J e 103 d 104M 97 99 % M&S Minneapolis Gas Light Co— 1st mtge 4s 1950 J&D 104M 101 1944 A&O & Light Co— J&D M&N Mississippi Power Co— 1st & ref 5s 1955.. 1st & ref 4 Ms 1978 Missouri 103 H 98 H 91 105 85 78M 103 M F&A 73 Telephone— 102M 4M» series O 1961 M&S 8 Missouri Val Pub Ser 6s *39 J&J Mobile Gas Service Corp— 87 1st 5s 1950 £ A&O 72 " 1st cum inc 9s ser A '56.-A&O Income 7s 1956 A&O / 61 61 Mob Lt & RR Cons g 5s '41-M&S 90 Mohawk Valley ref 6s 1991 M&N Debenture 6s 2031 A&O 95" Monmouth Cons Wat 5s *56-J&D Monongahela Light & Pow Co—$ 117 1st M 5s 1949 J&D 100 Monongahela Valley Water— •m 1st M 5Ms 1950 series A.-J&J Monongahela West Penn Pub Ser 1st & gen mtge 4Ms 1960.A&O Debenture 6s 1965 A&O Mont Cities Gas 7s A 1937--M&N Montana-Dakota Power— Ext 1st 5Ms-6Ms 1944 J&J Montana-Dakota Utilities— Conv deb 4 Ms 1946 A&O ,102 107 M 99 M 100 99 84 Montana Power— 1st & ref mtge 3 Ms 1966.-J&D Montreal Isl Pow 5Ms 1957 M&N Pow Consol— 3% conv deb 1939 -J&J 1st & colls f3M® 1950 F&A 99 % 105 Montreal Lt Ht & r accrued interest, 85 124 _ 106M J< 1st & ref M 3 Ms 1968—M&S Louisv Ltg 5s '53unstmpd.-Ai Lowell Gas Light— 1st mtge 4Mb ser 97 55 _ 76 ; 101H 92 M , Co— julsv Ry cons ext 5Ms 2d 4Ms 1940 94 M Milwaukee Gas Light Co— 1st sf 5s 1960 i 90 Louisiana Pow & Light 1st mtge 5s 1957 99 M&S J&D Michigan Public Service Co-— 1st g 5s 1947 ser A Middle States Util 6s A1951 A&O Middle West'n Telep 6s '43.-J&J Middlesex Elec Lt Pow 5s *55 J&J Middlesex & Somerset Trac— 5s 1950 J&J 109M 102 M Railway Corp— lldL ABU LOUB U3 Co— Mississippi River Pow 5s '51 -J&J Deb 5s May 1. 1947 M&N 81M Miss Val Pub Ser 1st 5s *54 .J&D Hts80url Edison 1st 5Ms *47 J&D ioi" Missouri Gas & Elec Service 1st 4-58 1956 -A&O Missouri Power & Light— 59 M 1st mtge 3 Ms 1966 J&D Vlissouri Public Service Co— 88 Allg 95 M 101H 75M Los Ang Pac Co—See Pac El Ry Los Ang & Pac RR-See Pac El Rj Los Angeles 4% Michigan Gas & Elec 1st & ref 08 1943 1st M 5s 1956 81M 38 Long Island Lighting— Secured g 6s 19451 -J&J Conv deb g5 Ms *52 ser A_ A&C 58 M 103 103 M 55 M&N J&D Consolidated Gas— mtge 4s 1963—— M&S notes 1939-1948: F&A _ Lombard Elec Co (Italy)— Long Island Water 5 Ms '55 Lorain Telep 1st 5s 1958 50 104 1st & ref 5s 1955 M&S Mississippi Power & Light— 1st M 5s 1957 J&D 166" 99M T41M 9 162" 100 58" . 34 Minnesota Power 74M 80 M 50 57 M 7M 21 Minnesota Nor Pr jt 6s 40 99 M 99 M A gUo.fW us 8 21 1st M 4 Ms 1967. 105 UOI V r UO 109 85 A&O 1st M 5s 1971 F&A 1952. -F&A Lexington Wat PowCol st5«'68 J& J uUJUUliK 107M 108M Telep Co— 1957.A&O 1938—-M&S Milwaukee Elec Ry & Light— 1st & ref 5s 1961 ser B—J&D 101 100 M A I960—A&O & Lt 5s 1951 J&J 64 M 100 X 70 110 107 M Midland Util deb 6s 35 M 64 13 67 109 Middlesex Water 5Ms 75 34 99 1950 ser A—_—_M&N 1st 77 1st M 6s ww 1944 100 M 67 M 37 11 _ 1st mtge 4s ser A1968 Mich Fuel & Lt 6s A 1950.- 105M 1950.-M&N 6s 2026 ser A Lehigh Valley Transit— 1st extend 4s 1945 Ref & impt g 5s 1960 1st extend 5s 1945 96 34 ^ (w-s) Mar 1952. Michigan Associated 1st M 5s 1961 105 Lexington Util 1st 5s J&J 5 Ms July 1 '50.M&N Deb 6s Miami Bridge— 98M 63 M 66 M _M&N 1st. & ref 165 83 60 1960 ns 98 78 59 M M&S Heh«nt.iire 94 60 59 1st mtge 5 Ms 1959 Iowa Southern Utilities— 1st & ref 5 Ms 1950 96 M Superior Dist Pow— 1st mtge 3 Ms ser Lancaster Co Ry 96 M 94 Michigan 1st 5s 1951——— F&A / Debentures 6s 1948——F&A A&O C F&A D F&A 6s coll notes ser A 1942—F&A 6s coll notes ser B 1942—F&A La Crosse Telep 5 Ms 1948—J&J ike Shore Elec Ry 6s 1933.J&J 88 „ 104 ° „ Metropolitan Edison Co— 1st M 4Mb 1968 ser D—M&S 1st M 4s 1971 ser E M&N 1st mtge 4s ser G 1965. — M&N Metrop Edison Corp 6s '61.M&S Metro Wat Sewer—See Fgn bds Metropolitan West Side "L"-— 1st gold 4s 1938 F&A Ext en gold 4s 1938 - J&J Mexican El L 1st M g 5s '42-J&J Mex Lt & Pow 1st 5s *40 s f..F&A Mexican Utilities 7s 1939—A&O 99 67 J&D Leipzig Overland Power— f 22 M S f mtge 6 M» 1940 99 Lewiston Gas Lt 3 Ms C '56.A&O 108 Lexington Ry 1st 5s 1949—J&D Lexington (Ky) Tel— 95 M 101M Telep 2-5Ms 1949—A&O f Iowa-Nebraska Lt & Power-— 1st lien & ref 5s *57 ser A M&N 1st 1 & ref 5s 1961 ser B—M&S Iowa Pow & Lt 1st 4Mb 1958 M&S Iowa Pub Serv 1st 5s 1957..J&D Deb 5s 1968 —.M&S M 104 104 97 Laclede Gas Lt 5s 1939 1st M coll tr 5 Ms *53 ser 1st col&ref 5Ms1960 ser JUUB 1961-........J&J 4% notes to 1946 A&O Iowa El Lt & Pr 7s ser O '42.F&A 1st mtge 4s ser E 1955....J&D 86 105 97 1954—.-----J&J 1962.A&0 Water Works— Deb g Iowa Electric Co— 1st 4s ser A 88 88 Lebigh Power Securities— Interstate Pub Serv Co— 1st & ref 0Ms 1949 ser . 94 Income deb 6s International Telep & Teleg— Conv deb 4M* 1939 Deb 5s 1955 97 M Francisco)— Maysville P Serv 5Ms A 1942A&0 Memphis Power & Light Co—1st & ref 5s 1948 ser A J&J 1st & ref 4Ms 1978 ser O-.A&O Memphis Street Ry— 3-5s series A1945 A&O 3-5s series B1945 Ann April / Meridionals Electric Co— 1st s f 7s 1957 ser A A&O 100M 1st 5s ser A 1958-——-—- J&D Lackawanna & Wyoming Val RK Lake 40 59 H 101M 156 1997-.A&0 _lngsh*way Bdge 6Ms Kokomo 93 55 94 89" 96 1st ref 0Ms . A Q Jan..... 32 92 & Power— 102 Rapid Transit Maryland Light & Power— 1st M 5Ms 1950 ser A...-J&J 87" M&N — 108 Market St Ry (San 1st s f 7s 1940 ser 85 M 95 101 , Market Street El Pass Ry— 99 Keystone Telephone Co— 1st & ref 5 Ms 1955 ser A—J&D 1st 1 & ref 6s 1951 ser B—-A&O f 5Ms 1956 11 102 Kewanee(Ill)Pub Ser 6s A 49 J&J Key West Electric 5s 1950—F&A Keystone Pub Serv— s Ref & gen 6-4Ms ser B 1966 J&J Ref & gen 4s series O 1967. J&J See Phila 9M Blkyn 4s '39.J&J KingsCoElev—See Bklyn-Oueens Kings Co Gas & 111 1st 5s 40 A&O Kings Co Ltg 1st ref 5s '54..J&J 100 Gen 60 Edison El 111 100M 49 M 22 102 M 101 A&O 1956-A&O A&O Maritime Tel & Tel— 103 H — Purch money 6s g 107 80 —J&D / f 7s 1941 s 1st mtge 4 Ms 1952 Maritime Electric 4 Ms 105H Kentucky-Ohio Gas Co— Ctfs indebt 2s 1958———J&D / 28 Kentucky Power & Light Co— 85M 1st 5Ms series A 1942 M&S 87 1st m 5Ms 1948 ser B....M&S Kentucky Utilities Co— 101 1st M 6 Ms Sept *48 ser D M&S 92 1st M 5 Ms 1955 ser F A&O 87 M 1st M 5a 1961 series G F&A 87 M 58 series H 1961 F&A 86 M 1st M 5s 1969 ser I— F&A 102 1st 7s series J 1957. F&A 97 1st 6s series K 1957—--\M&8 102 1st & ref g 5b '66 op tax-ex.J&J f Certificates of deposit.. / Internat'l Pow Ltd 6Ms Deb 6s 1957 Debentures 6s 1955 International Power Sec 1965..--.-M&N Kings County Elec Lt 1958————-J&J Inland Gas 6 Ms 1938 ——F&A Certificates of deposit-.- — Sinking fund deb 7s 1938.F&A Inland Pow & L s f 6s *30 A.M&S Coll tr s f 6s 1941 ser B M&N Coll tr 6s 1957 ser O. A&O Deb s f 7s 1935 J&D Inland Telep 1st 6s 1948 A&O 15-year 110M 63 66 M Indianapolis Water— 1st mtge 3 Ms I960.—-J&J Indianapolis W W Sec Co— 26 Light Co—■ 1st M 5s 1978 93 106M 80 Cos Mannheim & Palatinate Elec 109M 20 60 1948--F&A Indianapolis Gas 5s 1952—A&O Indianapolis Power & Light— 3 Ms 1st mtge 1968 F&A 3s serial notes 1939-1941.-F&A 3 Ms serial notes 1942-1945 F&A 4s serial notes 1946-1948—F&A Indianapolis Ry 5s, 1967—-J&J 81 120 H Indianapolis Columbus & South¬ Traction 1st 6s Ltg Corp—53 M&S Manitoba Power Co Ltd— 1st M s f 5 Ms '51 ser A—J&J 1st M s f 5Ms 1952 ser B..J&J 112 119M 105M 102 H Indiana & S W Gas & Util— 4M 30 1st lien & colltr 5s 104" 25 4 34 M -J&D 2d gold 4s 2013 103 37 A&O Ann O '90. .A&O f 7s ww 1941 Manhattan Ry con 4s g Cent Hanover Bk ctfs of dep_ "5" 110 5 Marion-Reserve Power— gold 6s 2022 ser Keokuk Elec 6s 8 Manila Elec RR & 25 3 105M A—M&S Deb 60 M 57 M 10 F&A Gen 105M 105 H HH oo 90 102 s 2d income 4s 1963 1st mtge 4Mb 1980——-.J&D Kansas Power 1st 5s 1947.-M&S 1st mtge 4Ms 87 % 87 1st M 5s 1948 J&J Indiana Hydro-Elec Power-1st mtge 5s 1958 sot A M&N Indiana & Mich El 5s 1957—F&A H Kentucky El Pr lstsf 6sl960J&J Kentucky Fuel Gas Corp— 1st 6Ms 1942 with warr„J&D / 99 M 100 1st M 6 Mb 1953 series B—F&A 1st M 5s 1951 series O M&S Indiana Gas Utilities 5s 1946.J&J 34 M 104" 103 M 107 1st lien coll 5Ms 1938——M&N / Indiana Electric Corp— 20 103 _ a 1st 102 M Kansas Power & ^ 1st mtge 4Mb ser B 1905—A&O Indiana Central Telep Co—„ 103 36 1st mtge 3Ms ser A'1966. J&D Kansas Gas & Electric— 89 88 Illinois Water Service Co— 1st mtge 5s 1952 series A..J&J 107 Kansas Elec Power— 99 108 J&J f 6Ms serA 1941..—A&O 1st income 3-6s 1957 An Oct 41M 2 A 1952 M&N / Corp— / Income 2-6s (new sec) —— Deb gs 7s 1943——-----I&5 Jamest'n (NY )Telep 5s 1954 J&D Jersey Central Pow & Lt Corp— 1st & ref 5s 1947 ser B F&A 1st M 4 Ms 1961 ser O——J&D Jer City Hob & Pat—SeeP S.Corp Johnstown Traction 4s Dec 31 62 / Cons mtge 3s B Dec 31 1962... / Joplin W W 1st 5s 1957——M&S Kansas City Gas 1st 5s 46—F&A 1st 68 series A 1942 F&A Kansas City Pub Serytee—1st ref 4s series O 1957——J&J 1954-—...-—M&S MacLaren-Que Pow 5 Ms Febl'61 5 Ms series B 1964 M&S Macon Gas 1st mtge 4Ms *62. J&D Macon Ry & Light 1st 5s '53-J&J Madison Rys 1st g 5s 1930—M&N Manchester Terminal— James River Bridge 1967—A&O ern J&D Income deb 6s ser 96 102 M 1st 1 & ref 5s 1963 ... - 107 Debenture 7s 1944 89 Jacksonv (Fla) Gas— 5s stamped 1942——- J&J Telegraph— 1st & ref 6s 101 F&A 1st M 6s 1947 series 46 M 104 M 99 Illinois Bell Tel 3 Ms B '70—A&O Illinois Commercial Telep— 1st 5s series A 1948 —M&S Indiana Assoc 60 45 f 5 Ms 1953 ser 22 A&O 58 s Jackson County (Mo) Lt H & P— 1st 6s series A 1956—.—J&D A&O A&O 1st & ref 5Ms 1954 ser 1st & ref 5s 1956ser O 8 f deb 5Ms 1957 Luzerne Co (Pa) Gas & Elec— 1st ref&imp g 6s'48 op'13 A—M&S 25-yr -J&J (Ontario) 3 Ms 1943— 3 Ms 1947 2 Ms 1942 3 Ms 1953 Idaho Power 1st 3 Ms Luneburg Pow L & W W (Germ'y) 1st M s f 7s 1948 M&N / Italian Superpower Corp— Deb 6s r63 (without warr).J&J 103 Hydro El Bond & Sh 5s 1957M&N Hydro El Corp (Va) 5s 1958. J&D Hydro Elec Power Commission 63 H 55M M&N Bid Bonds Ask Hydro-Elec Co (Italy)— 1st M s f 7s 1952 Island Gas & Electric— 108 M 108 4Mb due Jan 1.1970 Bid Bonds Ask 1st mtge 3 Ms 1960 .J&D Houston Natural Gas Corp— 1st m coll 6s *43 with warr.J&D , marked "f" and income and defaulted bonds possible for the closing day of the month preceding the date of issue "and interest" except where Quotations for all securities are as near as Houston 75 PUBLIC UTILITY BONDS DEC., 1938] 1st & coll 3Ms 1973------J&J b Basis, d Called Dec. 1 at 104M. e Called Dec. Called Dec. 1 at 105. y Called Dec. 1 at 104. 1 at 103. ' 49 M 103 H 98 / This price includes s 76 PUBLIC UTILITY BONDS NOTICE—-All bond prices are "and interest" except where marked **f" and income and defaulted bonas Quotations for al securities are as near as possible for the closing day of the month preceding the date of issue Bonds Bid Montreal Tramways— 1st & ref g 6s 1941 opt Gen Gen Gen Gen Ask 98 J&J 99 75 79 & ref 5s 1955 series A. A&O & ref 5s 1955 ser B A&O & ref s f 424s *55ser O A&O & ref 5s 1955 ser D.A&O 17 19 93 93 Mutual Un Tel—See Niagara Falls Power— 1st & ref 324s 1966 M&S Niagara Lockport & Ont Power— 1st & ref 5s 1955 10324 106 24 M&N National Electric Power Co 5s stamped 1978 107 88 Nashville Railway & Light— Cons g 5s 1953 opt 1908—.J&J Ref & ext gold 5s 1958 J&J Nassau El RR—See Bkl Nassau & Suff Ltge 5s 90 106 24 9424 76% 7624 J&J 1 Nat Gas & El Corp 5s 1953.F&A „5s series B 1947 -J&D Nat Lt & Pow 6s 1949-—M&N Nat Pow & L deb 6s 2026 A.F&A Deb 5s 2030 ser B M&N Nat Public Service Corp— Debenture gold 5s 1978—F&A Certificates of deposit Nat Toll Bridge 6s stmp '39-J&J Nebraska Pow 1st 4 %s 1981-J&D 87 90 81'* 89 93 91 124 98 9024 35 38 39 4s Dec 15 1939 12024 it ilV' 123 10124 56 5624 5324 5424 > 55 5424 s 10724 124 11124 11324 117 11524 11724 61 107% 101 10224 98 99 ; New Orleans City & Lake— 10424 10424 106 106 103 10124 99% 101% 10124 87 8724. 100 92 " 87 ' 88 84 103% 10424 N Y Gas Elec L H & P Co— 1st g 5s Dec. 1 1948 J&D Pur mon coll tr 4s 1949—F&A Ed El 111 N Y con g 5s '95 J&J 124 12424 117% NY&Westch Ltg 4s 2004..J&J Deb g 5s 1954 op guar..J&J N Y Power & Light Corp— 112% Prior lien 6s stpd 1958 J&J 105 107 * Called Dec. 1 at 102. M&N / J&D 98 100 9424 M 103 105% 11224 102M 10224 1st mtge 3 24s 1968 102 % F&A 10624 10624 F&A 103 3M-324S 1941-42 3%s 1943-1944-.— F&A F&A 107% 10524 35 30 • 9 87% 424 1946—4.—f&D .... Conv deb 5s 1946 klahoma Power & Water 1st M 5s 1948 M&N A&O 9624 104% ,9624105 Pennsylvania Gas & Elec Co— 1st 1 &ref 5248 '55 ser A.-M&S 8524 ' , 1st L 1st extd 4s 1947 J&J 1st gu g 5s '45 opt bef '16.M&N t Called Dec. 10 at 104. b Basis, Peoples Gas (N J) 1st 5s '68-J&D lstsf 524s 1960 J&D Peoples G & Fuel 6 24s ww'37 A&O People's G L & Coke, Chicago— 1st cons g 6s 1943 ..A&O Refunding gold 5s 1947--M&S 1st & ref 4s 1981 ser B 1st & ref mtge 4s ser D '61 I r-'C r;",. * " 104% 105 9924 10724 10024 m .-•j#- 10524 107 M 11* 63 11 1152 112 _ J&J 9024 iiii 13 Peoples Light & Power Co— 1st lien coll 3 6s 1961—J&J Peoples Telep (Butler, Pa)— 4s I960.... J&D Peoples Tract—See Phila R T Peoples Water Service (Md)— 80 — 82 98 1st lien 6s A 1949 w w...F&A Peoria Water Works Co— 1st consol 4s 1948 Prior lien 5s 1948 1st con 58 1948 1st & ref 5s 1950— M&N ...M&N ...M&N F&A Philadelphia Company— Secured gold 5s 1967. United Trac 5s West End Trac 80 con 8524 100 10324 101 101 102 _ J&D 98% 98% 9 109% ! 110% 15 65 5 7% 5s '38.J&J 8% V 1997 ctfs._J&J 8 10 Philadelphia Electric— 6324 %sl967--M&S 10924 11024 Philadelphia Elec Power Co— 1st mtge 524s 1972 F&A 112% 112% 1st & ref mtge 3 10524 101 10224 10624 10324 10624 10424 10624 103 Phila & Garretsford St Ry— 1st 5s 1955... -F&A 44 m r e 6s 1944 46 74 88. Philadelphia Rapid Transit— Coll tr g 5s 1957 opt s f F&A S f guar 5s 1962 M&S 6s gold 1962 M&S 76 76 76 92 19 22 73 75 J&J 94 9424 37 Darby Media & Ches St Ry— 1st 424s 1936 J&J / 42 Hest Mantua & Fairm— 8 10 60 1st extd 524sl939 M&N Market Street Elev Pass Ry— 1st g gu 4s 1955 ftl&N Union Traction— 62 65 11324 11024 113 47 8524 Elec & Peo 4s tr ctfs '45-A&O / People's Traction Go— P P Ry tr ctfs 4s '43.F&A / Union Traction 4s 1952.J&J k Last sale, n Nominal, r <t 79 .J&D Power Corp— 1st lien 5248 1941 J&J, Conv deb 5s 1979 J&J / f This iirice includes accrued interest, k! 10522, 79 M&S &Ry 5s 1958 Pennsylvania Gas & Elec Corp— Deb gold 6s 1976 ser A—M&S Pennsylvania Pow & Light Co— 1st M 424s 1981 A&O Pennsylvania State Water Corp— 1st coll trust 424s 1966—M&N Penn Telep 1st M 4s 1965..A&O Penn Water 1st 3 24s A *67—F&A 10024 11324 5 5 9924- Co. Ardmore Street 5s 1958.-A&O Duquesne Lt 1st 324s '65. J&D Duquesne Trac l>st 5s '30-J&J PIttsb Rys 5s 1953 A&O 2d Ave Tr 1st 5s 1934...-J&D So Trac 1st & coll tr g 5s'50A&0 96 99% Electric 1st & ref 4s 1971 ser F 1st & ref 5s ser H 1962 -F&A '41-J&J Apr 1 94 2& 101 107 M 1st F&A A .l." ;•»■ v:.; 29 10724 104M 100 10524 10224 '■ 74 99 59 ser 1st 5s series B 1949 klahoma Ry 1st & ref 5s Income 5s 1990 97 M&N 104 93 M 38 klahoma Natural Gas—' 1st mtge 424s ser A 19513M&N 122 103 92% 10124 10024 klahoma Gas & Electric— 1st mtge 3 Ms 1966 -*J&D 108 108 100 98 M 103 Valley Water 5s 1954—J&J 142478 9524 122 A&O hio Water Serv 5s A 1958-F&A 10524 Deb g 6s 1950 ser A ex-w.M&N Deb 524s 1959 ser B F&A Penn Public Service Corp— 1st & ref 6s ser O 1947 M&N 1st & ref 5s series D 1954 .J&D 10224 hio 95 114 . 1st & ref 4248 1956 ser D.J&D *101.31 Dob g 6s 2024 118 J&D 1st 624s 1943 (with warr)_. 724s 1943 J&J 107 M 108 Pecos Valley Gasext6 24s '44M&N 95 Pecos Valley Power & Light Co 1st extended 624s 1950. .M&N 72 Non-cum inc deb 6s 1950.M&N / 25 Penn Central Light & Power Go— 1st & ref 424s 1977 94 M&N 1st 5s 1979 M&N 100 119 108% 104 consol gold 5s 1949 M&S Paterson & State Line Traction— 5s 1964 J&J Paterson Ry—See Pub Serv Corp 10024 10124 —F&A 53 11324 11424. 11124 11124 107% i 108%. 10424 10524 Refmtgle3MsserB 1966.-A&O Mutual Fuel Gas g 5s* 47 M&N 102 % 106 )hio River Bridge & Ferry— 1st 5s 1942— J&J 51 62 Ref mtge 3 24s ser O 1966-J&D Parr Shoals Pow 5s 1952 A&O Paterson & Passaic Gas & Elec 112"" Peoples Light & 101 M&S 44 1st 5s, 1942. J&J 11324 Pac Ltg Corp deb 4 24s 1945-A&O 10424 Pacific Northwest Pub Serv— Conv deb 6s 1950 M&S / 1224 PacificPower & Light Co— 1st M 5s 1955 F&A 75 Pacific Teleph & Telegraph— 64 79 106 106 1967--- !0224- 42 34 1st & ref M 3 Ms ser 11966. J&D Pacific Light & Power Co— 105 77 104 10124 M&S Penn Water & Pow • f 5s '40^ J&J 1st ref 424s 1968 ser B M&S Penn Wat Serv 5s ser A '67-F&A 66 62 102 Los Angeles Pacific RR— 1st & ref mtge 5s 1943.M&S Pacific Gas & Electric Co— 1st & ref M 6s 1941 ser B-J&D 1st & ref M 4s ser G 1964-J&D 1st & ref M 3 Ms ser H '61-J&D 10 10624 10524 105% Debentures 4s N Y State El & Gas Corp— 1st mtge 4s 1965 95 F&A V 1st M 424s 1980 M&S 9924 1st 424s 1960 M&S 100 New York State Rys— 1st con 4 24s 1962 ctfs M&N / 424 1st con 624s 1962 ctfs 8* 66 J&D 10524 104- Los Angeles Pacific Co— 1st ref g 4s 1950 opt'15-J&J 7524 7924 9724 100 1st sf 5s 1952 M&S Pacific Coast Power 5s 1940-M&S Pacific Elec Ry g 5s 1942...J&J Refunding 5s 1961 90 100 100 Otter Tail Power Co (Minn)— 1st mtge 4s 1961 J&J Ozark Power & Water Co— Pennsylvania 101 m-mmm 112% 112% AdJ income 6s Jan 1 1965..Apr / Bleeck St & F F 1st 4s '50-J&J / B'way & 7th Ave 5s 1943- J&D / N. Y. & Richmond Gas Co— 1st ref M 6s 1951 ser A..M&N 25 1024 F&A 1956 4s 1945-1947 116% 13424 118 A&O 6 10524 '44.J&J Ogden Gas 5s 1945 M&N Ohio Assoc Telep 4 24s 1966.J&D Ohio Cent Telep 1st 6s '47—J&J Ohio Cities Water Corp— 1st M coll tr 524s '53 ser A. J&J Ohio Edison 1st & con 4s '65 M&N 107% 108% NY & ER Gas 1st g 5s '44--J&J Con 5s 1945 J&J 1st mtge 424s 1967_ 10624 3s 1939-1940 106% 107% New Amster Gas 5s 1948.. J&J N Y & Queens Elec Lt & Pow— 1st & cons M 324s 1965— M&N New York Rys Corp— 106" 10624 / 87- 98 Ottawa L H & Power— Ref & coll tr 3-3 24s'39-'48 A&O Ref & coll tr 4s 1957 A&O Ottawa Valley Power Co— 1st M s f 524s 1970 .A&O Ohio Public Service Co— Y & East River Gas—See N Y G E L H & P— New York Edison Co— 1st 1 & ref 334s ser D 1965.A&O 1st lien & ref 3 24s ser E'66 A&O 105 7424 5324 1724 Serv— 1st M 5s 1957 ser A J&D Ottawa El Ry 424s '48-'55-J&J 1st coll 524s 1960 i—F&A Penn-Ohio Edison Co— 10524 23 Ask 49 Penn-Jersey Water— 1st mtge 4s, 1962 Notes— 99 N N'western Teleg 1st 424® 1st mtge 4s 104% - 124 102 Ohio Pow 1st & ref 5s 1952 B J&J 105 104 ft 106 1st mtge 3%s 1972 J&J Ohio Elec Pow 1st M 5s *57-J&D Ohio L & Pow 1st 5s 1944-M&N Newport & Fall River St Ry— — - 15% Oberpfalz Eiec 7« 1946 14% Newport Water 5s 1953 104 6024 6s series B 1950 F&A Northwestern Power Co Ltd— 1st M s f conv 6s '60 ser A.J&J / Certificates of deposit.. Northwestern Pub Serv Co— 1st M 5s ser A 1957 J&J Deb 5s 102 New Rocheile Wat 524* '51-1V_„_. 1st 5s series B 1951 M&N 10624 103 % Northwestern Electric— 1st 6s stamped 1945 M&N Northwestern Elevated (Chic)— 1st mtge 58 1941 opt M&S Union El (Loop) 5s £45—A&O Northwestern Light & Power— 1st M s f 4s 1957 NY PA NJ Utilities- " New Orleans Pub Service Co— 1st & ref 5s 1944 109 Gas— Northwestern Utilities, Ltd— 1st ref 6-7s ser A 1949 J&D Nova Scotia Light & Power Co— 87 / 53 _ New Mexico Power— fir Louisiana 1st M 6 24s 1936 with warr. J&B 115 i* 87 105 % 105 % f g 5s 1940 opt—J&J / Utilities Co— M&S — 99 1st lien 4-6s 1968 -M&N S f reg income 3-6 24s May 1 '69 N'west Cities Gas 6s 1949—J&J 124% Northwest fr 101 .■ 10624 96 1st & ref M 123% I 95 127 Northern 1 10424 1st mtge 5s 1950 1 New Mex Gas conv 5s 1951 M 28 10724 123 58 10724 104 4824 1st lien & ref 6s 1947 B—M&N Northern Okla Gas 1st 5s '46.J&J Northern Penna Power Co— 1st & ref 5s 1956 ser A...J&D 1st & ref 5s 1962 A&O Northern States Power Co— 90% 9224 57 105 10624 10824 1st & ref 5s 1966 ser O M&N 1st & ref 5s 1969 ser D. M&S 1st & ref M 424s 1970 ser E .T&D Nor Indiana Telep 4 24s '55-M&N 106% 4 24s 1983 M N J & Hud Riv Ry & Ferry— 1st gold 4s 1950 B N J Pow & Lt 1st 424s '60—A New Jersey Water Co— 10424 Northern Ind Pub Serv— Coll tr Bid Oregon-Washington Water 10524 86 N'eastern Wat & El 6s 54— F&A Northern 111 Water 6s 1952 J&J North Ind Gas & El 6s '52..M&N 124 PowerJ <5 J<S 10524 60 46 50 Joint 1st mtge 4s ser A *42-J&J North Texas Co 3-6s 1957 J&J Northeastern Public Service— 54 ~&~ 42 108 10624 324s 1967..-F&A Northern Texas Elec Co— 92 Newfoundland Light 5%s 1971 lstsf 424s 1956 New Haven Water— 55 110 4724 524s 1957—M&N 89% New England Power— 3%s series A 1961—. New England Tel & Tel- 10724 1st lien & ref 7s 1946 A—M&N 102 Newcastle (City of)" New England G & ] 10924 Northern N Y Utilities Inc— 120 J&D 9424 524s ctfs of deposit 1961..J&J GE L H& P Newark Cons Gas con 5s '48. J&D Newark Gas 6s Apr 1 1944.-Q-J New Brunswick (NJ) Lt H & Pow North Continent Utilities Corp— 1st coll & ref 524s *48 ser A. j&J North Penn Gas Co— 40 82 24 99 93 % 1012 1032 10924 North Shore Gas Co of Illinois— 97 % Deb 6s 2022 M&S Nev Calif Elec 1st 5s 1956—A&O Deb 6s July 1941 J&J New Amsterdam Gas—See N Y 1012 1032 1082 Deb 524s 1963 ser B 10524 F&A15 103 % Deb 5s Nov 15 '69 ser O M&N15 Nor Amer Gas & El 6s 1949..J&J / 23 North Amer Light & Power Co— Sfdeb 524s 1956 9324 J&J North Boston Ltg Properties 106 3 Ms secured notes 1947.—A&O 7 North Carolina Gas 6s 48—M&N / North Central Gas 524s 1955 A&O 98 1st M & lien 9024 108 A&O A ser Nippon Elec Pow Ltd (Japan) 1st mtge 624s 1953 J&J Norf & Ports Bdge 624s *47-F&A North American Co.— Deb 5s 1961 F&A North American Edison Co— Conv deb 5s 1957 ser A—M&S West Un Tel 1st 5s 1951 . N Y Water Service Corp— 1st M 5s 1951 ser A— .M&N N Y & Westchester Lighting— 95 30-yr 3%s debs 1968 103 % J&D Muncie Wat Works 5s 1965.M&N 105 % Municipal Gas &E1 Corn of Reckinghausen 7sl947 J&D f 2124 Mut Fuel Gas-See Peoples GL&C Narrangansett Elec Co— 1st mtge 324s 1966 J&J Nashville Gas & Heating Co— J&J See N Y Gas Elec Lt & Pow 91 — Bonds Oregon Elec Ry 3s 1958 1st mtge 324s gtd 1963 105 % 71 Ask Corp— N Y Tel 1st 424b '39 tax ex.M&N Ref mtge 3 Sis ser B 1967—J&J 80" Morgantown Water 5s 1965—J&J Mount Hope Bridge 5s 1969.J&D 2d Income 8s Dec 15 1969 Mountain States Power Co— 1st & ref 5s 1938 J&J 1st M 6s 1938 series B J&J Mountain Statas Tel & Tel— Bid Bonds New York Steam 824 13 .... 8724 924 15 85 Canadian price. ; 77 PUBLIC UTILITY BONDS DEC., 1938] NOTICE—All bond price* are "and Interest" except where marked "f" and Income and defaulted bond* Quotation* for all securities are as near as possible for the closing day of the month preceding the date of issue Bid Bonds Phlla Suburban Water Co— 1st • f 4s 1965 M&S Phlla & West Chester Traction—, 1st 4s 1954 J&J 1st 6s 1954 J&J Phlla & Western Ry 5s 1960-J&J Piedmont Hydro-El Co (Italy)-— 1st & ref s 16Ms 1960 ser A A&O Pinellas Wat Co 5Ms 1959-M&S Pitts Canonsburg & Wash 5s 1937 Ask 108 M 32 35 42 46 4 6 57 54 M 100 7 Pittsburgh Rys—See Phlla Co Pittsburgh Suburban Water Serv y- 1st 1 & ref 5b 1958 Pittsburgh Trac 1st 5s 1927. A&O Plalnfield St Ry 6s 1942—-J&J Plainfleld-Un Wat 5s A '61.M&M 102 15 95 107 103 Platte Valley Telep 6s 1947-J&J 1102 M Pomerania Elec 6s 1953—M&N / 20 101 Pt Henry L H & P 1st 5s '46-F&A Portland Elec Pow 6s 1950.M&S / 12M Portland (Ore) Gas & Ooko— 61 1st & ref g os *40 opt *20.-J&J 1st l'n & gen 4 Ms 1940—J&J 61M 103 M Portland Gas Co 1st 5s 1951-F&A Portland(Me) Gas L 5s A'50 A&O Portland General Elec Co— 1st & ref 4Mb I960 M&S 23" 14" 62 M 61 59M 105 M 107 93 I4M 108 109M 108 107M _ 103 Conv deb 4Mb 1959 Ser B.M&S 103 Cony deb 5s ser A 1957—J&D 100 M Power Secur coll tr 6s '49—J&D 106 M Providence Gas 4s ser B1963 F&A Provincial L H & P 5s '46.M&S 105 Prussian Elec 6s 1954 -F&A 20 Public Gas &Ooke 5s 1952—J&D 34M Public Service Co. of Colorado—• 1st & ref 6s 1953 series A.M&S u?104 1st & ref 5 Ms '54 ser B—M&S x 103 M 1st & ref 6s ser O 1961—M&N y 105 Dob 6s 1946 M&N s 100 M 97 Pub Ser of Indiana 6s 1952.F&A Public Service Co of N H— 107 M 1st mtge 3 Ms ser O 1960—F&A 1st mtge 3 Ms ser D '60—M&N 107M 105 1st 3 Ms series E 1961——F&A 1st 3 Ms series F 1966 102M J&D Camden Sub 1st 5s 1946.J&J Ells Plalnf & Cent Jersey Ry— 1st g 5s Dec 1, 1950-—J&J Ellz & Raritan Riv 5s '54-M&N Elizabeth & Trent 5s '62-A&0 J O Hob & Pat 4s 1949—M&N Peterson Ry— 2d 6s '14 ext 5% to *44.A&O So Jersey Gas El & Trac—■ Guar g 5s Marchl,1953-M&S 103^ 105 1st coll trust 5s 19ol Rhine-Ruhr Wat Serv Extl deb 6s 1953. 103jM w 107 M 109 78M 59" 76 79 73 19V ? Oif 102 , ioo 77" 104 21 ; lOlM 71 24 34 29 H 30 31M Richmond (Ind) W W Corp— 1st M 5s 1957 —M&N Richmond (S I) Lt & RR— 1st coll tr g 4s 1952 ...J&J Rio Grande Valley Gas Co—, 1st mtge 5s 1950— A&O /Roanoke G-L 6Ms 1951—F&A /Roanoke Ry & El 5s 1953..F&A Rochester Central Power Corp— Deb g 5s 1953 ...M&S Rochester Gas & Elec Corp— Gen mtge 4Ms 1977 ser D.M&S 5s series E 1962 ...M&S Gen 3M* series H 1967..-M&S Gen mtge 3Ms ser 11967.M&S Rochester & Lake Ontario,, Water 6sl938 M&S 4% serial notes Apr 151939-48- & 101M San Diego Oonsol Gas & Elec— 1st mtge 4sMay 1 1965—M&N 110M San Diego Co Wat 6s A '62.M&B 104M 96 San Francisco Bay TollBridge— 1st M sink fund 6M» '57-M&N Deb s f 7s 1942 M&N San Joaquin Lt & Power Corp— Unif & ref 6s 1952 ser B—M&S 24/ 112ln 102 M 20 18M 2 130 M 105M 103 M Scranton Gas & Water Co— 33 106 M 105 J&D 106 6 9 101 106 J&J / 102 111 108"" 105M 105 M AdJ mtge Inc Jan 1 6s *60-A&O 1st M pipe line s f 4 Ms '51 A&O Southern Neb Pow 5 Ms B'47 J&J South N E Telep 1st 5s 1948.J&D 91M 100 M 90 123 Southern Trac—See Phlla Co Southern Union Gas— 1st & ref 5Ms series 11945 A&O 1st & ref inc 5 Ms ser 11*45 A&O 86 65 Serial deb 5s 1942-46 J&J Sioux City (la) Serv 6sl951.J&J 83 M 42 5 103 M 103 M 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 85 47 7 61 61 110M 102 H 107M 80 104 M 105 84 104 M : Spokane Falls & Nor 6s 1939-J&J Spokane Gas & Fuel 5s 1944-F&A Spring Brook Water Supply— 1st ref 5s 1965 A&O Spring Val Util ref 6sT943._J&D Springfield City Water— 1st mtge 4s ser A 1956 A&O Springfield (Mo) Gas & Elec Co— 1st mtge 5s 1957 ser A—J&D 104 M 62 M 62 M 107 50" 107 M 109 105 — Ref & gen 6s 1940 106M 98M 99 M 103 M M&S 82M / 34 65 124 8* 17M 47 103 M Convertible notes— 6s stmp ext May 1 '48—-A&O 6s stmp ext May 1 '48 A&O Debenture 6s 1951 F&A Debenture 6s 1966.——J&D 62 104M 104 102 100 103 101 Ry 1st 5s 1951 Super-Power Co. of 111— — 101 105 62M 61M 60 48 1 105 102 M 21 101 100 100 M 97 100 J&D 23 102 102 102 M 101 107 73M 76 85 M J&J South Jer G E & T—See Pub Serv ice Cor South Pittsburgh Water Co— 1st lien & ref 5s 1960 ser A. J&J 1st lien & ref 5s 1960 ser B. J&J 1st M 5s 1955— F&A Southeastern Gas & Water Co— 1st Men 6s 1944 J&D 1st lien 6s x-w 1941 J&D S'eastern Indiana Pow 6s '43 M&N S'eastern P & L deb 6s 2025-M&S Southern Bell Telep & Teleg— 102 M 105 102 8Mb debentures 1962 A&O Southern California Edison— 1st & ref mtge 4s I960.—M&S Debenture, 3 Ms 1945 M&S 107 37 68 99M 94 40 71 1003 943 62 62 H 62M 63 M 19 62 62 104 M 103 M 104 106 103 62 U 62 X 62 M 62 54 62 6s gold debs 1957 .—F&A Standard Power & L Corp— Deb g 6s 1957 .—F&A Standard Public Service Corp— 1st lien 6s series A 1948 F&A 1st lien 6s 1948 ser B J&D Standard Telephone Co— 1st 1 coll tr oMs '43 ser A.M&N Conv deb 6s 1938 —M&N Stettin Pub Util 7s 1946——A&O / Steubenvllle Wellsburg & Weir ton 100M 58M !?H 36 Standard Gas & Elec of Delware 16 Somerset Lighting 5s 1939—F&A Somerset Un & Middlessex Ltg— South Bay Oonsol Water— 1st ref os 1950——M&N 97H 90M 102M Stamford Water 1st 5s 1952—J&J Stand Elec (Calif) 1st 5s '39-M&S 80 62 44 / Sierra Pacific Power Co—» 1st & ref 5s 1960 ser A M&S 1st 5 Ms ser B 1957—-M&S Silesia Elec Corp s f 6 Ms'46 .F&A Sioux City Gas & Elec Co— 1st mtge 4s 1966 .—.—J&J Serial deb 3s to 1941 -J&J 93 M Ser deb 4s A 1939-1945—M&N Southwestern Light & Pow Co— 1st M 5s 1957 ser A F&A 1st M 5s 1957 ser B F&A Southwestern Power & Light— Springfield Terminal Ry 7s 1942 Shawinigan Water & Power Co1st M&col s f 4Ms'67 ser A A&O 1st coll tr 4Ms 68 ser B.M&N 1st coll tr 4Mb ser D '70-A&O 1st coll tr 4s ser F 1961—-A&O Shenango Val Water 4s B'61 A&O Shinyetsu Elec Pow (Japan)— 1st sink fund 6Ms 1952 J&D Shrevp't Bdge & Term 5s'55-F&A Shreveport Rys— Gen income 4s Jan 11957-A&0 35 Southwest Telep 6s B 1947.M&S 60 1st 6s series 0 1947 J&D 60 Conv deb 6s ser A 1932—J&D / 7 Southwestern Assoc Telep Co— 1st M 5s 1961 A&O 103 Southwestern Bell Telep— 1st & ref M 3 Ms ser B '64-J&D 109M 1st & ref M 3s ser C 1968—J&J 102 M Southwestern Gas & Elec Co— 1st 4s series D I960-M&N 106 M 100M 100M M&S Scranton-Spg Brook Water Serv— Second Ave ^acP^See~Phiia~Co— Seneca Power Corp 6s 1946.M&S 85M 10-year coll s f 6s 1942...A&0 Soutnern United Gas Co— Non-cum 6s (ws) 1951........ / Southern Utah Power Co— 1st M 5Ms May 1. I960—M&S Southside Va Pow 5s 1956—F&A Southwest Gas Co (Okla)— 1st s f 6s 1954 —M&N S'west Nat Gas inc 6s 1966—A&O / S'west Pub Serv 6 Ms 1937--M&S / Springfield (Mass) St Ry— 76 , 1st 4 Ms 1958.. Mtge g 4s Dec 1,1943 44 101 A&O / 59" 71 13 21M 1st 4 Ms 1968 M&S 1103.2 1st M 4Mb 1970 M&S a 104 Sutter Butto Canal 6Ms '43.M&S 91 Syracuse Gas g 5s 1946 J&J 117 Syracuse Lighting 5s g 1951-J&D 124 Syrac Rap Tr 1st g 5s 1946-M&S f 13 2nd mortgage 5s 1930 J&J / 2 Taiwan El Pow s f 5 Ms 1971-J&J 50 Tampa (Fla) Gas 5 Ms '56.-A&O 90 1st 5s 1961—— A&O 86 Telephone Bond & Share Co— Deb 5s 1958 J&D 69 Telephone Service (Ohio)— 5s 1953— M&N 86M Temescal Water 1st 5s A '60 M&N Tennessee Eastern Elec Co— 1st M 5s 1943— F&A 92 Ref s f 6s series A1955 M&N 70 Tennessee Electric Power— 1st & ref 6s 1947 ser A—J&D 1st & ref 5s 1956 J&D Tenn Pow gu 5s 1962 opt—M&N 90 Terni Hydro Elec 6Ms 1953.F&A 55M Terre Haute Traction & Light— 1st con MjfSs 1944 107 —M&N Terre Haute W W Corp— 1st M 6s 1949 ser A J&D 103 X 1st M 5s 1956 ser B F&A 101M Texarkana Wat 1st 5s '58—F&A 102 M §18 Texas Consumers Water— 1st 6s A 1939— A&O Texas Elec Ry 5s 1947 J&J Tex Trac 1st 5s 1937 opt J&J Texas Electric Service Co— 1st mtge 5s 1960 ..J&J Texas Gas Util 6s 1945 A&O 1st 2-6s 1951 M&S Texas Hydro Elec Corp— / / f 2H 2H 100M Roch Ry cons 5s g 1930 A&O 2d 5s g 1933 ctfs of dep—J&D 105 102 104 South Carolina Power Co— 1st lien & ref 5s 1957 111 100M 101 99 113 110 San Angelo Telep 1st 5s 1958 F&A 102 San Antonio G & E 5s 1949.M&S 105 San Antonio Public Service— 1st & ref 6s 1952 ser A J&J * 110»w 1st mtge 4s 1963 A&O 102 M 5s 1949---- _ F&A 106 Salmon Riv Pow gu 5s 1952 F&A Salt River Val Water Users Assn 6s 1939-1943— F&A 1st & ref 5*1967 ser A—F&A 1st & ref 5s Series B1961.F&A Scranton Trans ser A 5s'59.A&0 4s series B1959 A&O Income 3sApr 1 1959 M&N Seattle Eleo-Seattle Everett 124 70 — 1944———M&S Bid „ 104 M 100 M 106M Schenectady Ry 1st 5s Mar 1, *46 Scioto Val Ry & Pr 1st 6s *43. J&D 80 J&D 113 103M 1st M g 5s 1939 opt 1914—M&S Seattle Gas 1st 5s 1954 A&O Seattle Lighting Co— 1st 5s 1944 M&S 113 75 106"" 105M 105M 104 _ 147 99 M 107M 107 St Joseph Water 4s A 1966—A&O St Louis Co Gas 1st 5s 1951 A&O St Louis Springf & Peoria RR— 1st & ref gu g 5s '39 opt..J&D St Paul Gas Light— 108 M 108' 105 103 M 73 80 103 57 Union— -J&J 104 Savannah Elec & Power Co— 1st & ref 4s 1947 ser D—Q-Jan 1st & ref M 5s ser F 1955.M&S Savannah Elec Co 5s g '52. J&J Sayre (Pa) Elec 5s 1947A&O 145 102 Rhine-Westphalia El Pr (Germ': Mtge g 7s 1950 M& Direct mtge 6s 1952 M&N Con mtge 6s 1953 F&A Cons 6s 1955--.—.—.A&O 7s extended 1941 ,99M Ry debenture 4M&1943 J&J _ Saguenay Elec 5Ms A 1953.J&J Saguenay Power 4 Ms A1966 A&O 1st 4Ms series B 1966—;-A&0 Serial notes 2 M-4s to'46—J&D St Clair County (HI) Gas & El— 1st cons guar 5s 1959----M&S St Joseph Ry, Lt Heat & Power— 1st mtge 4Ms 1947 J&D \ 3-4Ms serial notes 1939-43.J&J Savannah & AtlantaRy— 1st cons 6sMay 1 1935 „ Republic Service Corp— 100M Santa Barb Tel 3 Ms ser C66 J&J Sandwich Windsor & Amherstb'g _ ■ Gen M 4Ms May 1948—M&N 1st s f 4s Oct 1945 A&O Safe Harbor Water Pow Corp— 1st mtge s f 4Mb 1979--—J&D ■ , Puget Sound Power & Light—_ 1st & ref 5Ms 1949 -J&D 1st & ref 5s 1950 ser O—M&N 1st & ref 4Ms 1950 ser D.J&D 6M% notes 1940 F&A Puget Sound Tel 5s A 1952.J&J -Quebec Power— 1st & coll 4s1962 M&S Queensboro Gas & El 5s '52-J&J Conv g deb 5Ms *52 ser A. A&O Qulncy El Lt & Pow 5s A'47 M&S Rapid Transit St Ry 8s 1941-A&O Republic Nat Gas 1st 6s 1954J&J 102 102 / 33 San Jose Water Works 1st mtge 3Ms ser A1961—J&D Public Service Co of Not HI— 1st & ref 4Ms 1980 ser E.J&J el02.20 1st & ref 4Ms 1981 ser F.A&O 6102.22 1st intge3Ms 1968 104 A&O Public Service Co of Oklahoma— 106 M 1st mtge 4s ser A 1966 F&A Serial aebs4s Feb 11946.. F&A 101 Public Service Elec & Gas Co— 1st & ref M 108M 138 M 1st & ref 5s 2 1st & ref 8s 2037 205 P Serv of Penn 1st 5MsA'53. J&D 52 Public Utilities Oonsol Corp— 77 M 1st M 5M* 1948 M&S 46 Secured conv 6s 1938——M&S 56 1st coll 4-5Ms 1948 A&O Puerto Rico El Pow 4s to *56.J&J 103 3gs 1968 Bonds Southern Cities Utilities Co— 1st lien & coll 5s 1958—A&O Southern Colorado Power Co— 1st g 6s 1947 series A ..J&J Southern Counties Gas (Calif) 1st M 4 Ms 1968 M&N Southern Natural Gas Corp— Rumford Falls Pow—■ Gen gold 5s 80 Potomac El Pow— Public Service Corp of N J— Trust certs 6%. perpet—M&N Rome (Ga) Ry & L 5s '46.—A&O Ruhr Gas Corp 6Ms '53 A ..A&O - 62 M 1st M 5s exten to 1950----J&J Portland (Me) RR 3 Ms 1951-J&J 91" 1st 1 & con m 5s 1945—M&N 98 Porto Rican Power 6s 1950-M&N 98 Porto Rican Rys Ltd 5s 1962M&N 103 M Porto Rico Telep 6s 1944-—J&D Postal Teleg & Cable 5s '53-J&J f 14 M Potomac Edison Co— 1st mtge 5s 1956 ser E—M&N 107M 109 1st M 4Ms 1961 series F..A&0 1st mtge 3 Ms 1966. J&J Power Corp of Canada Ltd— Ask Bid Bonds Rochester & Syracuse RR—^, ' 1st M conv 5s ctfti 1957.M&N M 5 Rockford Elec Co 1st 5s '39.M&S 101M 105 M 103 M 79 104M 80 83 81 102 50. 60 _ - 121M 109 M ina s2 ll'OM Ref mtge 3 Ms May 1 1960.J&J Ref mtge 3Msser B 1960..J&J Southern California Gas Co— 1st & ref 4Ms 1961—M&S 1st M & ret 4s Aug 1 '65. F&A Southern Calif Water— 1st M 4 Ms 1960 A&O Southern Canada Power— 4 Ms 1962 —A&O 111 43 104 M 108M 106 M 110M 111 97 M 106 IV O 7$ 108 111% 104 M 108 M 108 M 108 M 107 99M 99 / 25 22M 1st mtge 6s ser A 1956 A&O 83 Texas Pow Corp 6s 1956 96 % M&S General 6Ms 1956— M&S 80 Texas Power & Light— 1 Deb g 6s 2022 ser A J&J 101 1st & ref 5s 1956. M&N 103 Texas Pub Serv 1st 5s (w-e) 1961 88 Texas Traction Co 5s 1937--J&J / 3 _ 110 48" -29. I, » Called Jan. 1. 1939, at 110. t Called Jan. 1, 1939, at 102 M. 1939, at 102 M* / This price includes accrued interest, k Last sale. 103. v Called Jan. 1 at 104. z Called Jan. 1 at 101. t Called Dec. 17 at 103. 5 Basis, d Called Dec. 17 at 104. e Called Jan. 3* Nominal, r Canadian price, w Called Jan. 1 at 103 M. x Called Jan. 1 at n 78 PUBLIC UTILITY BONDS NOTICE—All bond prices are "and interest" except where marked "f" and incom» and defaulted bonds Quotations for alt securities are as near as possible for the closing day of the month preceding the date of issue Bid Bonds Third Avenue Ry (New York)—1st ref g 48 1960 opt aft *14 J&J AdJ inc g 5s Jan 1960 Union Ry 1st 5s g „ opt-A&O/ 42 41k 6M 6 90 8* Westchester El 1st 5s g '43-J&J 70 40 5s 1946--A&O 42 Yonkors Ry 1st Tide Water Power 1st 5s '79-F&A 88 M 89 Toho Electric Power (Japan)-— 1st s f 7s 1955 ser A...M&S15 70 73 Tokyo Elec Light Co (Japan)—1st g 6s 1953 series—J&D15 Toledo Edison 3 Ms 1968 J&J, 56 104 M 103 H 62 122 M Tyrol Hydro-Elec Pow Co—1st Mif 7Ms 1955 M&N Guar s f 7s 1952 F&A Ujlgawa Elec Power 1st M s f 7s 1945 M&S16 _ 56 58 104 _ 108 M 108^ 1031i 103 Western Mass Cos— 3 M % coup notes 1946 101 59 M 61M 43 40 99 102 5 116 117 M 89 84 57 M 61 101 104 M 76 ,11* 106 108 73 74 United Rys Cos 4% 35 m* 73 1952—M&N 1952—M&N Telep Del 6s A 1948 A&O s Coll s United f 5 Ms ser A f 5Ms ser B United Tel & Tel 5Ms A '53.M&N 1st lien 6s ser B 1953 United Traction (Albany) Con g 4 Ms 2004 M&N J&D / May 1 2022 M&N 1st lien gen M 5s 1944—F&A 1st lien & gen M 4Mb 1944.F&A Utica Belt Line Street Ry— 1st 5s 1939 M&N Utica El L & P 1st 5s 1950—J&J Utica G & El ref & ext 5s *57 J&J Utica & Mohawk Valley Ry— 6s 4Mb 1941 M&S f Utilities Power & Light Corp— Deb g 5Ms 1947 J&D / Deb 5s 1959 F&A Utilities Public Service Co— Conv 6s 1933 J&D 1st 64 ti* 65 M 85 97 M 99 4s Brit Col Pow 21 103 23 104 93 M 106 M F&A J&J Washington Gas Lt 5s '60—M&N Refunding 5s 1958——.J&J Wash Ry & El g 4s 1951 J&D 1949...A&O 1st guar 5s 1949—...A&O \ lst « City & Sub 5s g 1948—-F&A Uity * * 107 104M 107 M 99 95 M 107 % 88 / / 95 M 16M 47 55 21 22* 97 50 » 4M% preferred 100 Oent Illinois Light 4 M % pref. 100 Oent 111 Pub Serv $6 pref. ♦ Oent Indiana Gas 6M% pref-100 Oent Indiana Power 7% pref 100 Central Maine Pow $6 pref 100 48" $7 preferred 55 r 87 M Oent Ohio Lt & Pow 6% pf * Central Pow & Light 7% pref 100 24 72 87 6% preferred 104M Oent & S W Util Preferred Prior lien 100 * preferred * 1M 53 J 102} * 74 k 65 77 82 58 k 98 Central West Co. v t c -5 Chester Water Serv 5M % pref-_* Chic City & Con com part ctfs..* Pref partic ctfs 57 Chicago Rys partic ctfs ser * 1..100 "h a 100 Series 3 Series 4 60 1M 96 100 3M 3M 17 k 8 13 k Foreign Pow com. $7 preferred- 17 X 100 Cincinnati Gas & Elec 5% pf 100 it 32)| Cincinnati Gas TranspJ 100 Cine New & Gov Lt & Trac. .100 Preferred 100 Cincinnati Street Ry 50 90 Oincin & Suburb Bell Cities Service com 86 A* U3M 1 60 American Light & Traction. A* 114 1M 6% preferred- 40 k Amer Public Serv 7% pref... 1( American Service $3 preferred.. irA 16M 7 42 * Cities Serv Pr & Lt $6 pref $7 preferred - * * Citizens' Pass Ry—See Phila R T Citizens Traction—See Phila Co Citizens Utilities com 1 34 k 65 18 2M 100 Preferred BB 25k 5% 95 75 .10 Preferred B 15M j— 102 M Telep...50 Preferred--.-.——- 2 15M 25 M 39 M . 110 85 80 —60c com. Central States Pow & L $7 pf--* Oent Vermont Pub Serv 6% pf-* 63 M 108 78 90 Central States Edison 22* 108 87 63 27 100 90 60 120 M HI* 68 100 ... 63 M 55 Warrants. 44 32 13 M 110M Central N Y Power Corp— 60 92" 61M 42 87 65c 1 89 M 32 58 8<„ 21* 79 140 — Central Elec and Tel com 6 % preferred Oent Hud G & El com..— 73 M Alabama Power $7 pref 68 * 89 / 3M 65 'Cent Arkan Pub Serv Corp pf 100 100 M 83 * 103 M k 105M * com 5% preferred Yonkers Ry—See Third Ave Ri York (Pa) Gas lst 5s 1941J Amer & 18 k 21 - Carolina Tel & Tel— 107 k 107 H 94 M 9g nk 50 Capital Transit (Wash, DC) 100 Carolina Pow & Light $7 pref — * 105 M 107 y. 42 M 2 H Canadian Marconi 95 113 $6 preferred $5 preferred . 4H ..£1 7M% A B ord— £1 dep rets 5M % pref..- £1 Oallf-Oregon Power Co— 6% preferred series of 1927 100 6% preferred ---100 Calif Water Serv 6% pref-—-100 Series 2 93 M 87 M 97 3 140 13 M * com $6 preferred- __ M&N 1960-F&A ......100 Amer 47 M PUBLIC UTILITY STKS. 82 M r Canada Nor Pow 106M 57 1st & ref 5s 1950 ser B J&D 1st & ref 6s ser O 1952....M&S Deb s f 6s 1946 F&A Wabash Telephone— 1st M 4Mb A 1956 J&J » - 35M 27 k Amer dep rec Amer dep rec 65 Worcester Transit Association- 57 106 k 12* 33 r Ordinary shares 104" 117 26 127 H 52 k 20 * $6 preferred * Bklyn Teleg & Mess'ger (gu).100 Brooklyn Union Gas * Buffalo Niagara & East Power— $1.60 prior preferred.. 26 $5 lst pref 95 102 104 6 21 112 * Bklyn Manhat Transit.... $6 preferred series A 105 / 56 63 103 100 Corp A Brooklyn Edison 101 < 119 56 70 Brockton Gas Light Co v t c—25 65 106 105 122 2M 41 100 com.... 105M. Bridgeport Hydraulic Co Wuerttemberg (Germany)—See Consol Hydro-Elec of 2 Ry Brazilian Tr Lt & Pow ord Bklyn & Queens Transit / J&D 94M 4 118M Cable & Wireless Ltd— 97,. 93 H . Edison Co Boston Elevated 101M 46 88 . — 100 22* 97 . Boston 89 Class B 1939-1946. 1961 2k 167 % - 61M 64 95M 20 Anacost & Pot 5s 107" is cousin Public Service Co mtge 109 Telephone (Canada) 100 Bell Telep of Pa 8M% pref —100 Beverly Gas & Elec 25 Birmingham Elec $7 pref... * Bridgeport Gas Light Wisconsin Minn Light & Power lst & ref 5s 1944 opt '19—M&_. Gen & ref 7s 1947 J&J lst & ref 8s 1944 M&N lst 130M * 62 M 105 —- 21 -100 100 com Bell 104M lst mtge 3 Ms 1966.. A&O Wisconsin Hydro-Elec Co— lst M 5s 1947 A&O Wisconsin Michigan Power Co— lst mtge 3 Ms 1961 J&J lst mtge 4s ser A 1966 M 21* -25 $6 preferred* Birmingham Gas $6 pref * Birmingham Wat Wks 6% pf-100 Blackstone Val Gas & El pref. 100 Gen 4-5s series A 1965 Gen inc 4-5s ser B 1965 4s serial deb June 1 J&D Virginia Electric & Power— 1st & ref M 3 Ms B 1968—M&S Virginia Public Service Co— 1st & ref 5 Ms 1946 ser A—F&A 1st Hen & ref 6s w w Beauharnois Power 99 M Wilmington Ry Bridge— lst 5s 1943 r Vesten Elec Ry 7s 1947 M 5 Ms 1953 M 5s 1955 Bangor Hydro Elec com 7% preferred 6% preferred 98 M 99 113 * 100 v t c 60 M 61M Willlamsport Water Co lst M 5s Aug 1952 ser A.. .F&A 3M 3 96 62 F&A M&N lst M 5s 1960 ser O 5 * ♦ Preferred 101 si 32 100 Bait Transit Co vtc 103 M 75 Wheeling (W Va) Electric Co— lst M 5s 1941 opt M&N Wichita Water 6s 1949-.—-M&S lst M 5s 1956 ser B 1 if* 6% pref. .100 Atlantic City Elec $6 pref ♦ . 27 23 1st J& 5 ♦ * Atlanta Gas Light 66 88 l\* 85 24 M 26 M VermontLtgOorp 1st 5s*44 A&O 1st 75 105 62 M J&J J&J / 45 104 Wise Elec Power 3 Ms 1968-A&0 Wise Fuel& Lt lst 5s 1948..M&N 43 M Wisconsin Gas & Electric— „ Washington Gas & El Co— 1st sf 5 Ms 1947 22* 5 * * Class A iM 102)| 96 2k r * $7 lst preferred $4 preferred Wisconsin Power & Light— Unit Trac (Pgh)—See Phila Co Unterelbe Power & Light CoSink fd M 6s 1953 A&O Utah Lt & Tr 1st 5s 1944 A__A&0 Utah Power & Light Co— Deb f 6s 1953 105M 11 A&O Winnipeg Elec lst 4M« 1960-J&J United Securities Co— Coll s . 99 ...M&N 82 74 j » ..... Option warrants Assoc Telep Co Ltd $1.25 pf Assoc Telep & Teleg $6 pref 107 k Fdg & R B M 4Mb g '50—M&N 25-year g 5s 1951 J&D 30-year 5s Mar 1 1960 M&S Mut Un 6s ext at 5%to'4lK.&N Western United Gas & Elec Co lst 5Ms 1955 ser A ...J&D lst 5s series B 1957 M&S Western Utilities Corp— 15-year s f 6s 1952 M&N Westmoreland Wat 5s '52—J&D Westphalia United El Pr (Germ 1st M 105 80 M 80 M 84 F&Alf JL8M 1 1934 J&J f City & Sub Pub Serv 5s *34. J&J / Gen g 4s July 5Ms 1950 10 —• .* pref * ——* - 103 J&D Western Public Service Co— lst & ref 5 Ms 1960 F&A Western States Util 6s A '45.A&0 Western Union Telegraph— 103 103 H 12* 79 Eq 7 Ms Feb 15 1936 United Rys of St Louis— ,f 2% 2H ♦ Original preferred $4 proferred $5 preferred.: $6 preferred $6M preferred $7 preferred 99 k 105M lst M 5s 1951 M&N lst 5s series B 1950-—.- -J&J Deb s f 6s extd 1950 M&N Western Pow (Can) 6s 1949.-J&J Western Pr Lt & Tel 6s 1948 112M ctfs *49-J&J Railways of Havana— 123 Western N Y Utilities 5s '46. J&D Western N Y Water Co— 1973 J&J Un Lt Rys(Del) deb 5Ms.62 F&A United Pub Util Corp-— Oonv coll tr 68 A 1960——J&J Conv colltr 5HsB 1960—J&J United A&O Western Oont Util 6s 1944—M&S Western Lt & Telep 5s 1954-A&0 100 Lt&Rys(Me)6s A'52 A&O Deb 6s 60 103 100 97 97 _ United Class A 71 Westchester Serv Corp— 4s 1948-1953- 5 36 * Associated Gas & Elec com 1 Common class A .........1 99 lst M 1 ..50 common 6% preferred West 78 73 3 30 6% preferred A&O 98 ..* Arkansas Pow & Lt $7 40 J&J 108 k * com 6% preferred 112 8 5 12M 86 vtc— Edison Common 53 M 105 110M Westchester Elec—See 3d Ave Ry Westchester Lt 1st g 5s '50--J&D Gen mtge 3 Ms gtd 1967...J&J 26 ^ Debg 8Ms 1974 M&N 1st 1 & consol 5Ms 1959—A&O Debg 6s 1975— M&N Arizona 120M 109 k 2d extended 5Ms 1956—M&N Texas Utilities Co— lst M 5s 1957 ser A A&O 18M 148 M Arizona Power $6 preferred Arkansas Missouri Power— 109 % A&O 27 26 „ United Elec Serv (Italy)— Extl 1st s f 7s 1956 ser A—J&D United Gas & Fuel (Hamilton)— 1st s f 5 Ms 1948 J&J United Ilium Co New Haven-F&A let 4s Feb 1 1940 United Light & Power Co—„ 99" ~ 120 J&J "8 71 * * 100 * 6% preferred 25 Amer Wat Wks & Elec com * $6 lst preferred * Appalachian El Pow 7% pref —* 6% preferred * Arkansas Nat Gas M&S ... American Telep & Teleg 96 M End Trac—See Phila Co West Ohio Gas 6s A 1954---J&D / 51M 104 M West Penn Elec deb 5s 2030-A&O 25 - Superpower Corp com....* Amer Utilities Service com West Bridge 3M-6Ms, 1960 West Va Water Service— lst mtge 48 1961 __ United Elec Rys (Providence)— Gen ref M 5s Jan 1951 ser A.. Gen ref M 4s Jan 1951 ser B. 98 A 1950 -1 com First $6 preferred Preferred $6 series West Virginia Ohio River Union Pub Serv (Del) 6s '39-J&D Union Ry—See Third Ave Ry Union Traction—See PhUa R T 1st lien 5 Ms 1942 M&S 15 Unit Elec Go of N J 4s *49—J&D Amer 98 ser lst ext 3 Ms 1956 _ Union Water Service Co— First lien 5Ms '51 ser A.M&N J&J Conv deb 6 Ms 1945 J&J West Coast Telep 5s A 1953.J&J West End 8t Ry—See Boston El Utility Preferred 102 M 105 M Certificates of deposit f 8k Waukesha Gas & Electric Co— 115 lst 5s 1959 J&J West Canadian Hydro-Elec— lst M 58 1963 series E lst M 3 Ms ser I 1966 „ 1st mtge & coll tr 3 Ms 1962 J&J 3% notes, 1942 J&J Union Elev RR—See N W Elev Union Gas & El 1st ext 5s '40M&S Union Gas Co. of Canada—1st serial 3 Ms 1938—...J&D 1st serial 4s 1939-42 J&D 1st serial 4 Ms 1943-45 J&D 1st 4 Ms 1950 J&D Union Gas System— 1st M & coll s f 5s 1948—. J&D Union Passenger Railway— 1st 4s Mtur 31 1961 A&O 2d ext 4s Mar 31 1960 A&O 102 J&J West Penn Tr lst 5s I960-.J&D West Phila Pass Ry— Union Elec Co of Missouri— Union Water Wks Co— Amer States West Penn Power— • Twin States Gas & Electric—■ 1st 1 & ref 5M« 1945 Ser A.M&S lst ref 5s 1939 op Bid Bonds Ask 105 % lst & gen 5s 1960 J&J Washtenaw Gas lst 5s 1953—J&J t 102 M Waterloo Ced Falls & No Ry— lst M s f g 5s 1940 8k J&J / lst 6s 55 104 M 102 M ---J&J 59 Traction Terin'l Corp 6s '57.- J&J Trenton G & El g 5s 1949 .M&S 121M 50 Trent'n Pass Ry 1st ext 6s'61 A&O 40 Trenton St Ry ext 5s 1968..J&J / 10 General 6s 1941 J&D 103 M Trl-Oounty Telep 4M« B *56 A&O Troy City Ry 1st cons 5s '42 A&O 100 M Troy Gas Co 1st 5s 1939—M&N 100 k 2d Gs 1939 F&A Twin City Rapid Transit Co— 55 M 1st lien & ref 5Ms A 1952J&D 58 1st lien & ref 5 Ms B 1951--J&J Sf deb 4s 1948 . Bid Bonds Washington Water Power Co— g*37--J&J / 1942.-F&A Third Ave RR 1st 6s As* 3M 3351 4351 45 h £-\ 2M ■ 1 * price, No x par value, Ex-dividend. t Called Dec. 9 at 102M. t Called Jan. 3, 1939, at 104M. 6 Basis. /Flat price. A; Last sale, n Nominal, r Canadian day of the month preceding the date of Issue Quotations for all securities aro as near as possible for the closing Par Stocks Bid Kansas City Power A Light— 1st pref 26 series B— Kansas Oity Pub Serv—...... Fed St A Pleasant Val—See Phila Co. jroforrod Uleve Elec ilium common......*1 _$4.50 preferred... Cleveland Railway .......100] Coast Co Gas A El 1st pref..100 Colum G & El Corp (Del) com..*, 56 'Rights w i— 59 113 108 106 Co..—25] iol4 1 — Commonwealth Gas—.......—1 Commonwealth & Sou Corp com * 3 45% n 95 m •» m * ' n Community Pow A Lt com.....* First preferred 6% —.100 Community Pub Ser com.....25 Community Water lierv com—1 95 14 30 ■ mmm^ 27% % 6% pref—..100 Common —* Conn Gas A Coke Sec pref * 48 51" 37 39 % % Common. Connecticut Light & Power.....* 5 H % preferred ——100 Connecticut Power...— 25 Connecticut Ry & Lighting... 100 55 115 ~ \ 46 H %preferred—.........100 6% 4% 71 Consol Elec A Gas 26 pref—.. Cons Gas E L & P (Bait)———* 5% preferred series A .100 Cons Edison Co of N Y com..—* *5 preferred.. _..——* 115 - -- 30 102% - - W% 24.50 preferred... -—* Continental Gas A Electric— 7% prior preferred 100] Cohtinen Pass Ry—See Phila R T Crescent Public Service com..—1 Cuban Telephone pref 100 Cumberland Gas com v t c 1 Cumberland Co (Maine) Power A Lt 6% pref—...—100 5% % preferred .—..—100 Dallas Power A Light 7 % pref 100 6% preferred---* Danbury A Bethel G A E pf_—25 _>ayton Pow A Lt 4%% pref.100 Denver Tramway com * Preferred 100 Derby Gas A Elec $7 pref——.* Detroit A Canada Tunnel....—* Detroit Oity Gas 6% pref 100 Detroit Edison 100 Duke Power. 100 82% 1 103 98 115M 112M 25 110% _i„ 25 13 101 110 64 Duluth East Coast Public Service v t C-.l 15c" 6% preferred ...—100 4%% prior preferred 100 Ry com....100 6% 1st pref stamped 100 6% pref B stock .100 5% adjustment stock -.100 East Shore Pub Serv 6% % pf 100 6% preferred ——100 Eastern States Corp com * —* $6 preferred series B * Eastern States Gas ...——* Eastern Util Assoc com— * Conv stock...... —* Electric Bond A Share..———5 $6 preferred —* $5 preferred —.....—* Elec Power Association.. —1 Class A full paid— ....1 Elec Power A Light Corp-—---* 27 preferred..——————* $6 preferred .......—.* 2d pref series A— ———* Optional warrants ....... El Paso Electric Co (DellPreferred series A 7% 100 El Paso Nat Gas com.........3 7% Preferred...—.——.100 Warrants Eliz & Trenton RR com—...50 Preferred —-50 Elizabethtown Water Cons...100 Eliz Consolidated Gas...—.mOO Empire A Bay State Tel (gu) 100 Empire District Elec 6% pf—100 Empire Gas A Fuel Co pf 8%.100 Preferred 7%—.......—.100 48 26 52 49 19 Louisv Gas A Elec 65 16 irA 6 32 33 81 82% 6 .....25 28" Havana Elec Ry com..........1 6% preferred —-100 Havana Elec A Util 25 pref.——* —25 13" Haverhill Elec Co.... Haverhill Gas Light 27 25 14 Hestonville M A F—See PhilaRT 102 Holyoke Water Power 111% Houston Lt A Power 26 pref.—. 65% Houston Natural Gas com..... Preferred 50 25c" Hudson County Gas... ..100 11% 12 % 4 3 73 68 1% 21 20 1% 10 ft* 2% 2% 10% 36 32% 26% 5% non-cum preferred 100 Huntington Water 7% pref—.100 Idaho Power 7% pref——.100 6% 1st preferred "" Illinois Iowa Power common 5% conv preferred——50 Arrears certificates Illinois Power A Light— 26 preferred———— .50 Illinois Water Serv 6% pref—100 Illuminating Shares class A...—~ Indiana Assoc Telep 26 pref—.. Indiana A Michigan Elec— 7% preferred— ——100 — aH 2% 2% 10% 36% 33% Warrants. 27 87 ................ 29% 43% 42 33 9% —— , 8% 114% 9% 196 1% 5% 26 2 6% 100 112 106 113% International Utilities A.... Class B— 21.75 preferred-... 23.50 prior preferred Warrants series of 1940 * — - 4 4% 19% 5% 19% 29 67% 99% 107% 110 MS?* 66 12 Nov 22 4 9% 61 1S\ Without par value, t Called Dec. 1 at 110. s n 99% 80 _ Nominal, r 22 15 16% 9% 5% Oct 14 26 75 1% 7% 1% % 18% 24% 4 $110 65% 75 80 92 106 8* 58 60 6% 6% 4c 5c 1% % 2 I % % % 73 §I* 68 82 67 68%. 115% 114 % 98 2% 3% 6% 26 k 57 7% 58% 98" 99% r 30% 30% r 58 60 r 70 71^ 4% 29% 123 98 11 9% 35 7% 5 49 134 37 1 5 31% 126 99 13% 11 43 4% 8% 71 113 107 8 51 42" 12 14 11^ 25H preferred stamped...—* New Eng Pow Assn com—.—* 6% preferred—...........100 22 preferred —-—* New England Pow Co 26 pref.100 New England Pub Ser com..—.* 27 prior preferred...... ... * 12% 50% 50 15 ... 17 • 134 1% ~2% 36 37% 11 |7 preferred..............—* 11% 10% 35% 9% preferred...........—* 26 prior pref ....—.* 26 34 New England Tel A Tel——100 Ex-dividend. ioi4 : 97 26 106 preferr^wJ,——.......50 1% 1% 58% 65% 50 New Haven Water —..50 New Jersey Pow A Lt 26 pref--* New Jersey Water pref......100 New Mexico Gas com ...5 3i 81 71 112 x 67% 106 100 New Eng Gas A Elec Assn Canadian price, 25% 4% 88 6% preferred—..——...100 6% 19% 104 Nevada-Calif Electric com. 100 Preferred-. 100 Newark Consolidated Gas....100 New Bedford Gas A Edison Lt-25 61 8 65 70 56% 2% ~2% 2 26 preferred. * Nebraska Power 7% 1st pref 100 106 6 76 72 4 i 10 70 National Gas A Elec com.... 10 National Power A Light com...* TT4 IVA 3 20 conypreferred series A—- 23 conypreferred 8 9 101 84 - - - 82 .... O— Montreal Telegraph.. — 40 Montreal Tramways com..—-100 Mountain Fuel Supply— 10 Mountain States Power com—* —..... k Last sale, m 44 90 —100 Mountain States Tel A Tel—100 Montana Power 6% pref * Nassau A Suffolk 7% pref—100 National City Lines com.. 1 27 16^ 11 40 7% preferred— 1 87 % —... 97% 102% 24 115 c—1 Missouri Pow A Lt 26 pref. * com * Monongahela L A P—See PhilaCo Monongahela St Ry—See PhilaCo Monongahela Val Water 7% pfdMonon-West Penn P S 7% pref 25 Montana Dakota Utilities com. 10 5% preferred. 100 6% preferred——.—100 Montana Power 6% pref-. -.* Montreal L H A Pow Cons .* - * 22% 85% 16% prior lien... ......100 7% preferred class A— .100 6% preferred class A——100 Minnesota Pow A Lt 7% pref 100 26 cum preferred 100 Mississippi Power 26 pref——^ 27 preferred —* Miss Power A Light 6% pref.. -* Mississippi Riv Pow 6% pref.100 Mississippi Valley Util Inv. * ' - 9% 1 4 ▼ t Midland United com... Convertible pref A Midland Util 7% prior lien * - 9 26 6% 108 * Interstate Natural Gas * 6%% preferred— ...100 39% Interstate Power pref 276% preferred.. 43 100 39% * Nov. 16 26 preferred—. —-* Empire Power Corp partic stk—* k 22 26 preferred —... ....* * 67% 69% Investors Telephone com. Empire Telephone com....—.* 100 4% Iowa Electric 6Hs pref. 3% Iowa El Lt A Pow 6% pref—100 15 13 6% Preferred 25 8% 7% preferred.. 100 Engineers Pub Serv com ....1 8% 66 #5 cumulative preferred ... * 68% Iowa Power A Lt 7% pref...100 71 25 H pref (with warrants) 71% Iowra Pub Serv 26 pref * * $6 preferred 78 .....— * 74% 6%% preferred-—.—.: • Essex Company— .————50 2/ preferred.—..—. 60 63 * Common.... Essex A Hudson Gas........100 196 ..—15 Iowa Southern Util 7% pref—100 7 8 European Elec class A...——.10 6% preferred. 100 Option warrants..—. % Italian Superpower common A—* Fairm't Pk A Hadd Pass Ry—See Phila 46 Jamaica Pub Service Ltd 50 Fail River Elec Light— —.25 Fall River Gas Works... —25 12 13 Preferred... 100 Jamaica Water Supp7%% pf—50 14 ^ Federal Light A Tr com 13% ..15 Preferred ($6) * 79 82hA Jersey Cent Pow A Lt 7% pf-100 Federal Power A Light com—50 H 6% preferred ..—100 5%% preferred..—.— 100 . 75 — ...100 Internat Teleg of Me (gu) 100 International Telep A Teleg- 4—* 45% 44% 44% 84 5 Warrants.. Middle West Utilities— 47 22 .............. Foreign share ctfe 50 63 80 100 ..... 113 11% 21 40% Michigan Gas A Elec— 7% prior preferred .——100 Middle Wet liddle West Corp com—...... ~ 17 15 50 39 26 prior preferred 7% prior preferred— Mexican Northern Ry com.-.100 Preferred. ..——100 78 Units..... 11% 20 ... §5 cum preferred 6 preferred series % 6% 1st preferred ; 100 Internat Power Securities com.. 110 60 96 190 45 57 40c 73' International Ry v t c 50" 48 Internat Ocean Teleg (guar).. 100 International Power Co..... * 5 65 Missouri Pub Service 6% preferred — —.100 Indiana Hydro Elec 7% pref.100 Indiana Service Oo 6% pref—100 7% preferred... 100 Indiana Telephone Corp 100 Indianapolis Power A Light— 6% preferred.—...—.100 6%% preferred.. ...100 Indianapolis Ry Oo v t c.. 100 Interboro Rapid Transit..—.100 Internat Hydro-El Syst A.—25 Conv pref 23.50 series 50 58 85 57 % 45 .... 5% conv partic preferred...50 Memphis Natural Gas 7% preferred * Memphis Power A Light 27 pf26 preferred Metropolitan Edison Go— Indiana General Service— 4 29% 107 100 22 66% 6 70 ... 22 Preferred Warrants 35 ........ 23 3 22 45- % 3 Common without warrants... * 34 7 63 Light.—....25 Hartford Gas com —...25 46 33 42 100 .100 29% % Hartford Electric 1% 48 1 6% preferred 6% prior preferred Mass Utilities Associates 101 4% 31 Mass Power A Light Associat'n— Common with warrants. 101 % 93 90 106 130 17A 12% 19% 78 Market St Ry (San Francisco) 10 Harrisburg Bridge. Harrisburg Rys common—.—.50 3% 8" 69% Hamilton Gas common v t C—— 5 1% 25 28% 33% 25 Hudson A Manhattan 109 75 2( 81 ——lOO Preferred. 104 107 26 67% 7% pref class A.....—...—25 Hamilton Bridge. —* ~i% * 79 8% Preferred cl A 20 77% 75 100 Water.....— 103 H Manhattan Railway 7% guar 100 Modified 5% guar 10< Marcon Int Marine Gommun'yAmer dep rets for ord shs... f 1 Marion (Ohio) Water 7 % pref.100 Marion Reserve Pow $5 pref. — "" 74 Gulf Power 26 preferred Gulf States Util 26 pref 25.50 preferred..—— Hackensack 90 100 . 85 Gulf Natural Gas 85 com Maiden Electric Co...... Maiden A Melrose Gas Lt Georgia Pow A Lt 26 pref——* 30% Germantown Pass—See PhilaRT Gloucester Elec Lt Co ...25 103 Gold A Stock Telep (guar) 32 100 % Green A Coates—See Phila R Green Mt Pow Corp 26 pref... Greenwich Gas 21*25 pref... — 28 Greenwich Wat A Gas 6% pf-100 101 % 95 107 95 25 6% preferred. ...100 Louisville Railway Co.. 10( Preferred ——.100 Lowell Electric Light .25 Luzerne Co Gas A El 26 pref.100 $7 preferred —..——.100 Lynn Gas A Elec Co ; ...25 Mackay Companies 4 % pref. 100 48% 29% - 179 116 87 . 96 31 ........... - 42 44 93)1 10 Ry—lOOjn 120 |7 preferred series A... 8% 5% 72 3 Eastern Mass St exington Util 6%% pref. 25 Lexington Wat Serv 7% pref.100 Light A Pow Securities Co— * Preferred....—.—... 100 Lone Star Gas Corp * Long Island Lighting com.—*?.. * 7% preferred A .J100 6% preferred B 100 Louisiana Power A Light 26 pf.* Gen Telep Tri Corp 20 Gen Wat Gas A Elec com A——1 23 preferred...—— — -— * Georgia Power 26 preferred....* 25 preferred——-————* 48 1 7 Eastern Gas A Fuel Assoc's com * 50 44 ........ ........ — I Lawrence Gas A Elec Lt... 26 pref- * 30 Superior Transit com ..* Duqueane Nat Gas common * $4 preferred -* $5 preferred... -*] Duquesne Light—See Phila Co- . 42 18 65 -* com..—20 -* Gen Telep Allied Corp 1 ... East Middlesex Street Warrants.. 57 118 109 113% ...... 1 117 Consol Gas Co (Pgh) pref.... 50 28 Consolidated Gas Utilities com. 1 \ % Cons Trac of N J—See P S Corp] Cons Trac (Pittsb)-—See Phila Co! Consumers Gas (Reading)....25 26 Consumers Gas (Toronto)..—lOOjr 177 Consumers Power $5 pref 5% preferred Gen Telephone Corp 23 conv preferred 13% d* 26 preferred...———...—* General Pub Util common.—...* 9% 115 ~2% 88 39 108 105 ...... ;* Gen Public Service Corp % 8 7% preferred Concord Elec Co 4 H 28% 6% preferred.,..———.100 7% preferred—. 100 Kentucky Utilities 6% pref—100 7% Junior preferred...—.—50 Keystone Pub Serv 22.80 pref..* Keystone Telephone 24 pref...50 Key West Elec 7% pref......100 Kings Co Ltg 7% pref—...100 5% preferred 100 Laclede Gas Light ...100 5% preferred 100 3% 40 39 121% % 98 ... 23 28 preferred———...———* Gen Italian Edison Elec Corp— Amer shs for ordinary stock.. 15 33 % 6% pref—..100 7% preferred...—......100 pref.. 100 6% preferred....—...— * Kansas Power Co 6% pref———* 7% preferred * Kansas Power A Light— 2 2% 12 —» 6% preferred...—————100 r Gen Gas A Elec (Del) com A—* 5% prior preferred..—.—* 26 cum conv pref ser A * 26 conv pref ser B————* 27 preferred ... ....* 120 Kansas Gas A Elec 7% 30 3 136 County.100 Gas A Elec of Bergen Gas Utilities Co Gatlneau Power com—.— —* 1% Optional warrants. .......... . "$6 preferred.....—---------*1 Commonwealth Water A Light—-I Gary Elec A Gas common——..* Ask Bid Kansas Elec Pow 67 , 26% % 26% 85 42% 66 Foreign Light A Power units.... 98 Frankf'd A S'thwark—see Phila R T Franklin Telegraph (guar)... 100 27 Gandy Bridge common...——* 1% Gardner Elec Light common.100 133 Preferred —-----—100 104 77 69 111 6% preferred A ..........1001 6%% preferred B.......-.1001 Commonwealth Edison 106 % 7 jm 76 6% preferred series A 1001 •'5% preferred ——.—100 5% convpreferred.......-1001 Columbus A Southern Ohio Elecl Florida Power Corp 7 % pref—100 Preferred 250 par-...———— Florida Power A Lt 27 pref * , 18 % 104 % 13% 19% 11 37 113 18 1% 20% 21% 24% 42% 1% Federal Water Service com A— * $6 preferred...—. * $6% preferred—————* 103 101 101 52 36 111 Oity Water Oo (Chat) pref 100 Oity Water (New Castle) pref .100 Clear Springs Water pref.——..* Par Stocks Ask Bid Par Stocks Ask 79 UTILITY STOCKS PUBLIC DEC., 1938] 101 72 x 94% 95 3 36 104 73% 96 100 4 38 80 PUBLIC Quotations for all securities Par Stocks New Orleans Pub. Serv 7% preferred —* 92 93 15 New Rochelle water 7% pref 100 N Y Mutual Telegraph (guar)..25 N Y City Omnibus common * Option warrants N YPow ft Lt Oorp $6 pref preferred N Y ft Queens El L ft Pow— * Common 5% preferred N\ Railways pref.. 100 ... 94 96 18 36% 19% 102 10534 107% ——* PhllaCityPassRy"($22 H Niagara Hudson Power--....-10 1st pref $5 series..........100 2d pref 5% series—.......100 7 86)4 pref * 48 66 100 72 33 27 100 108 % Northwestern Telegraph (guar) 50 NY PA NJ Utilities $3 pref Ohio Edison $6 pref * * $7 preferred —* Ohio Elec Power 6% pref 100 7% preferred 100 Ohio Power 6% pref 100 Ohio Public Service 5% pref-100 534 % 1st preferred ..100 6% preferred.. ——100 7%preferred -—.....100 Ohio Service Holding com —1 5% preferred 5 Ohio Valley Gas com 1 * com 6% preferred —100 15 $3 preferred -—50 6% convpriorpreferred 100 Omaha & Council Bluffs Railway ft Bridge 4% cum pref 100 Omnibus Oorp v t c .....—* Okla Nat Gas Oorp oom 8% conv preferred A 100 Oregon Wasn Water pref * Ottawa Light Heat & Pow...100 Preferred —..100 Pacific ft Atlantic Tel (gu) 25 Pacific Gas ft Electric 25 1st preferred (6%) 25 1st preferred (534%)——25 Pacific Lighting Corp com Preferred ($6) Pacific Pow ft Lt 7% pref Pacific Public Service— 100 27 105 1 % 2934 101 5 * 1834 108 Republic Nat Gas 3134 2834 4034 10834 68 * Pennsylvania Gas common.—..* Penna Gas ft Elec Corp $7 pref—* Class A— Pennsylvania Power 6% pref-lOO 6.60% preferred 100 Pennsylvania Pow ft Lt $7 pref-* $6 preferred ♦ $5 preferred —* Pennsylvania State Water, pref.* Pennsylvania Telep 6% pf—100 Pennsylvania Water 8c Pow—-* Preferred People's G L&O"(Chic)"III100 Peoples Light ft Power Co A 1 L. Common class B............1 Scrip .............. ■ 10 35 33 14834 Peoria Water Works 7% pref. 100 Phila City Pass—See Phila R T x 106" 2534 4434 2734 106 104 91 88 3134 3134 148 146 13134 11534 103 48 120 135 11934 10334 51 200 88 97 11434 19 40 1734 21 * 354 J* 30 634 32 % 10034 100% 8834 90 112 934 68 104 W* 72 109 11834 2 18 1934 134 134 10 3 1 12 * $5 preferred 100 100 * 334 2 . 21 w* 97 100 100 6% preferred series B i 25 Original preferred-—.......25 Southern Cfalif Gas Co— 0% preferred series A 25 Southern Calif Water pref 25 Citizens Traction —.50 Consolidated Trac pref-.: 50 Southern Canada Power Southern Col Pow com A Duquesne Light 6% 1st pref 100 Preferred Southern Indiana G 8c E— Federal St ft Pleasant val—25 3234 11534 # Class B 7 % preferred 25 * common....! 1 --IIII""* $2.75 preferred $3 preferred-.... 334 34 40 77 7% Utah Power & Light— $6 preferred-.-—. $7 preferredUtilities Power ft Lt cl A • • common 2234 2634 28 » cum ......* —100 100 12 1 134 15184 * 100 12 634% preferred Wisconsin Telep 7% pref 11 Wolverine Power Co— Worcester Trans Assoc York (Pa) Railways pref-. 100 ..100 ..... 14 11634 83 10c si* 75c 24 30 6 2434 105 10534 95 9?g 1.60 10 10534 52 Wisconsin Pow ft Lt 0% pref-100 7% preferred-100 Wisconsin Pub Ser Oorp 7% pflOO 2734 92 124 93 100 Wise Elec Pow 6% pref. Wise Hydro-Elec 6% pref 934 97 945 1015 109 B—................ Preferred- 9 40 24 10434 • Wheeling Elec 6% pref William sport Water pref-......* Winnipeg Elec class A * 43 'li* 100 .100 Wheeling Bridge , 75 634 ^ % "prefIII* 634% preferred Westmoreland Water pref-. 22 465 495 5 6% preferred 4034 17 20 630 Western Lt & Tel com 1 Preferred —.25 Western Massachusetts Cos —* Western N Y Wate«- pref * Western Union Telegraph— 100 Western United Gas & Eleo— 2c 11 100 100 Preferred ii* A* 30c pVeflHIIoO com West Va W a t er~S er~v~ 6 15c 82 1 Common 112 Is 26 75 76 l preferred 100 cum preferred 100 West Penn Power 7 % pref 100 0% preferred -.100 West Phila Pass—See Phila R T West Texas Utilities $0 pref-——* West Va Ohio River Bridge— 103 112 1 7% cum Dref IHIOO Utilities Stock ft Bond Corp... 1 Virginia Elec ft Power— $6 preferred ♦ Virginia Pub Serv 7% pref—100 6% preferred 100 Washington (D O) Gas Light * Preferred * 7% 6% h iH* * West Penn Elec Co class A Corp Southwest Cons Gas Util com_„_l Southwest Gas (Okla) 7% preflOO Southwest Nat Gas $6 pref....10 A---..... Washington Wat Pow 0% pref—* 13 104 88 25 £. So Jer G El & Tr—See P S . Class 4.80% cum preferred —100 Southern Nat Gas class A com__* Class B common * Southern New Eng Telep 100 Southern Union Gas com * 8% preferred ...100 7% preferred 100 United Public Service Corp.. 1 United Pub Util com Ry ft El 10434 .25 100 8 434 com..— Preferred ~ 534 % preferred series O—25 ... Corp Wash Gas ft Elec 7% Wash (D O) 63" Southeastern Gas 8c Water A * Common. —————* Southeastern Pow ft Lt warr Southern & Atlantic Teleg (gu)-25 South Calif Edison commons*.25 $5 preferred * 6% cum preferred —...50 So cum pref /... * Allegheny Traction.————50 United Gas — 1* preferred preferred 7 % "comI^ Class B 11234 —.60 " 98% preferred-.::::::::""# Non-voting 100 -.100 Scranton Transit common Seattle Gas common t1-- Warrants & Elec 0% pref—100 preferred —I 100 Sou Carolina El & Gas7% pf—100 South Carolina Power 6% pref..* South Pittsburgh Water— I¥* uS?5iT0^7SeeP1"taBT. $3 Unitef Tel 15c 11734 —..* 1 91 105 71 3* 10934 * 28 1085 101) 50 R"f" St Ry (New Bedford)—100 United Gas & Elec (Conn) 10734 7% preferred 8% preferred Scranton Electric $6 pref Scranton-Spring Brook Water Service 6% pref 82 2 11134 i234 Union Pass—See Phila cum 134 35 92 10 99 $4 preferred 47 6% preferred. I Hill IIII "106 99 Preferred 100 Sioux City Gas ft El $7 pref-.lOO South Amer Utilities com 50c 363 13 13 100 Twin States Gas ft El 7% preflOO Twin City Rapid Transit * 7% preferred -.100 Electric Co of Missouri— 7% preferred 100 Unjon 16* 100 100 Preferred- 99 17 38 pref A 7% 6% preferred: 5% preferred J00 Sierra Pac Elec 8% pref. Sierra Pacific Pow common 93 111 74 106 Toledo-EcUson 5% preferred IIIH Union Gas (Canada) Union Gas System com 90 11334 TwfJat^.PoWer 6% pref—.* 100 2d $5 preferred * Second Ave RR Cop (NY) * 14 2d ft 3d Sts Ry—See Phila R T 38 Shawinigan Water 8c Power * 414 Shenango Valley Water pref. .100 97 92 83 3134 11534 3054 84 80 108 104 43 5c * common 7% preferred Texas Power & Lt 7% pref—100 6% preferred Third Avenue Ry (N Y)_——i00 iu, 13th & 15th See Sts—See Phila" R T U^^LJgbtft Ry 0% pref—160 6-36% preferred 3114 53 * Monongahela Lt ft Pow 50 Monongahela St Ry— 50 Phila & Darby—See Phila R T Phila ft Grays-^See Phila R T Philadelphia Elec Co com......* > $5 preferred „......* Phila Elec Power 8% pref 25 Oorp 12% 6% . 60 — 1053 13 97 _ Savannah El ft Pow 0% pref. 100 25 Peoples Water & Gas $6 pref. .100 112 San Diego Cons Gas 8c Electric— 7% preferred.. 100 118 10 % 30* 101 85* 50 1st preferred— $5 preferred 99 108 114 114 - 5 1U 5 com $2.80 2 7% preferied— * San Antonio Pub Serv 8% pf.100 7% 2034 28 Pennsylvania Edison Co— 54 Terre Haute Elec 6% pref—.100 Texas Electric Ry —.100 Texas Elec Service $6 pref * Texas Gas Util com. 1 Texas Hydro Elec— 32* 5 % preferred series E 100 Roch Telep $034 pref lOu Rockland Light 8c Power 10 St Joseph Ry Lt & Pr 5% pf—100 St Joseph Water 6% pref 100 St Louis County Water pref..100 U0% Warrants..... 6334 100 Preferred 68 100 1 50 6% preferred series O 6% preferred series D 6934 100 1st preferred (6%) v t c 17 28 % 5 Warrants B 3334 Preferred Rochester Gas 8c Electric— 68 134 $3.50 preferred Texas Power J 634 Ridge Ave Pass—8ee Phila R T _ 74 113 70 Rio Grande Valley Gas Riverside Traction. 18 % 12234 11 98 100 (7%)-100 5o Amer shares representing com. Rhode Isld Pub Serv $2 pref 27% 213i 8iM i73i 102 $7 pref series A .% Warrants ; United Gas Improvement-. * $5 preferred """"# UoRod 111 Co of New Haven!HI* United Lt & Pr com A * Common B ZZ1Z* 6% cum 1st pref III! "* 40 10 ~3H -.100 Te^Teie F1 pist *>ref 7.2% 1st preferred r?113! 9634 Bridge— 6% 2 28 26 1 com 103 77 15 yI134 Rhine-Westphalia Elec Pow— 12J4 62 2854 30 % 27% 40H 107% 08% J* Tacony-Palmyra Industrial Stocks. Rapid Transit Ry—See P 8 Corp 10634 76 98 Preferred Penn-Ohio Edison— com—... . Class A 20 115 148 136 100 1* 86 76 * _ conv preferred Tampa Elec Co 82 42 —1 com.. B Preferred "HI * Suburban Rapid Transit St RylSO Superior Wat Lt & Pow 7% oflOO Swiss Amer Elec 5% pref.500 Fes Tacoma Ry ft Pow Co + Radio Corp of America—See 91 11* 39 non-voting —* preferred .......—* Pacific Telep ft Teleg 100 0% preferred 100 Paterson ft Passaic Gas ft El—100 Pecos Valley Pow & Lt com * Peninsular Telep Co com * Philadelphia Co :_* St Louis Pub Serv common 1st Preferred 100 $5 preferred - Common Penn Western Gas ft El 100 100 Consolidated Trac of N J.-100 Rapid Transit St Ry Co 100 So Jersey Gas 8c Elec Trac—100 Public Serv of Okla 6% pref--100 115 I 7% preferred 100 85 % Public Serv El ft G $5 pref * 9234 Public Util Hold $3 pref. —60 101 Puget Sound Pr & Lt $6 pref * 10334 55 prior preferred * Quebec Power common * Queens Borough G & E 0% pf 100 .... Oklahoma Gas ft Elec 7% preflOO 8% preferred 7% preferred,6% preferred Class —* 7% preferred 100 $6 preferred Public Serv Co of N H $0 pref--* $5 preferred Public Serv Corp of N J pref. Standard IPow & Lt m 92 * 64 15 100 * 36 .cum prior a 112 100 Public Serv of Colo 7% pref—100 0% preferred 100 Public Serv of Ind $7 prior pref * 10 100 Ohio Water Service A 9 ---100 53 N'western Pub Serv 6% pref-100 7% preferred 24 7% preferred 100 Potomac Elec Pow 0% pref.—100 5% % , preferred 100 Power Corp of Canada com * Providence Gas * Public Elec Light 6% pref 100 Northwest Electric 7% pref--_l0O North West Util 7% pref100 7% prior lien xi* 5 Portland Gas ft Coke 7 % pref 100 Portland Gas Light 50 Postal Teleg ft Cable 7% pref 100 Potomac Edison Co 6% pref-.lOO 7% preferred——.......100 cum 23 7% prior preferred Northern N Y Util7% pref.-.100 Nor States Power (Del) cl A .100 (Minn) $5 series 39 18 Plainfielcl Union Water. Portland Elec Pow 6% pref 25 6% preferred 34 Standard Gas 8c Elec com-.-...* $7 cum prior pref * $4 cum preferred * 39 $5.50 preferred ..100 100 .....100 Northern Liberties Gas 10 34 34 West Phila Pass guar 50 Phila Suburban Wat 6 % pf 100 Phila Traction—See Phila R T Pittsburgh Suburban Water— * 6% preferred— --60 North Amer Edison $6 pref * North Amer Light ft Pow 1 $6 preferred * North Amer Utility Securities...* North Boston Ltg Prop com..-.* Preferred. 100 North Texas Co (Del) -.10 Northeastern Wat ft Elec com-.* 6% preferred 7% preferred— 534 % preferred 19 18 pd) 150 goringf eld Gas 8c Elec pref—.-* Springfield Gas Lt Co 25 Springfd (Mass) St Ry Cos pf 100 57 2 Bid 105 . 30 5 7 23 8 15 10 39 25 13th ft 15th Sts Pass Ry 50 Union Pass ($30 5-8 pd) 50 Union Traction ($17>4 pd)-50 81 Class A option warrants....... Olasfc B option warrants....... $4 preferred Northern Indiana Pub Serv— 7 51 15 . 4 44 20 11 Philadelphia Traction 50 Ridge Ave Pass ($28 pd)—50 2d & 3d Sts Ry guar 60 31 17 com 38 15 Phila ft Darby Pass Ry 50 Phil ft Gray's Fy ($25 pd)—_50 4)4 N Y ft Richmond Gas 6% preflOO N Y Water Serv 6% pref 100 North American Co M 50 Par Southwestern G & E 7% pref. 100 Southwestern Lt & Pr com A * Preferred So'western States Tel com—... Gity Water 0% pf 100 23 4 120 115 Stocks Ask 50 Citizens Passenger guar 50 Continen Pass Ky ($29 pd)-50 Fairm't Pk & Haddington. .50 Frandf'd ft Southwark Pass. 50 Germantown Passenger 50 Green ft Coates Sts ($15 pd) 50 Hestonville M 8c F com-50 36% 100 Bia Par Philadelphia Rapid Transit 7% preferred! 26 19 ♦ 100 Stocks 7% STOCKS UTILITY possible for the closing day of the month preceding the date of lsaue Ask 634 100 Newport Elec 6% pref 7% Bid * com are as near aa 5 * 76 81 101 98 H7j 45 * Without par value. J Called Jan. 1 at 105. k Last sale, n Nominal, r Canadian price, x 50 20 York Water Co.—...........25 24 Ex-dividend. which do not and "Public Utilities*" "Real Estate and the Securities" we include all issues "Industrial and Miscellaneous Under the heading appear In the Land," of the three headings, namely "Railroads" "Investing Companies" case of stocks, however, we put "Textile Manufacturing," "Insurance," "Mining," "Title Guarantee and Safe Deposit Companies" under separate heads, then follow with rest "Industrial and Miscellaneous." NOTICE—AH bond prices are "and interest" except where marked "f" and income and defaulted bonds Quotations for a'l securities are as near as possible for the closing day of the month preceding the date of issue under the previous Bowser (S 104 1942-M&S t 103% Abbotts Dairies deb 6s 1st M 5s 1953 ser A Certificates of deposit Acadia Sugar Ref 4 Ms Adams Exp coll tr g 4s Coll tr g 4s 1947 4 Ms stamped 1946 J&D - 37 103 63 British M&N M&N '53—A&O / 81 84 A&O / 47 45 F&A Addressograph-Multigraph Corp 101 % Gen f 7s 1950 Brown Coal Indus 6 Ms 1946 22 M 48" 47 76 96 By-Prod 6s 1955—J&J Alabama Mills 6s (w-s) 1953-J&D Without stock J&D Albany Perf Wrapping Corp— 1st M coll tr 6s 1948. A&O 90 - — — Budd (E G) 77 Cumberland Ry & Coal— 5s 1940 A&O Curtis Cos 6 Ms A 1947 M&N Dalryland Inc Ists f 5s 1946.M&S Danish Prod L'n Fund 5s *40.J&J Davidson Biscuit 5 Mo A *45 A&O Davidson-Boutell 5s 1946 J&D - Burmeister & Wain 1944 Akron Times-Press 1st 6s Alabama 40 30 85 87 6s 1955 Alberta Pacific Grain 6s 1946 J&J Algoma Steel 1st 5s 1962 A&O Allied Mtg inc coll 2-5s 1953. J&D 22 100 98% 93% '50_ A&O F&A f deb 4s '52.M&S Allied St's Corp deb 4 Ms Debenture 4Ms 1951 35% 105% *48-J&J Aggregates Corp— 99 M 94 109M 109 Alpine Montan Steel Corp— 1st s f 7s 1955 -M&S Amer 35% 1944-.-----A&0 American Type Founders Inc— Conf s f deb 2M-5s 1950—J&J Am Wire Fabrics 1st 7s '42--M&S Debenture 6s 35 102 102% 103 102% 101 Canadian Vickers 6s Aug 1 67% 65 55 104 % Carrier Corp conv 4%a 1948 Carriers & General Corp— 105 100% 101 9% 8 109 29% 28% 90 105% 33 100 22 98 98 97% 66 54M 54 58 Paper 6Ms 1942Beech Creek C & C 5s 1944—J&D Beneficial Loan Soc 6s B 1939 Q-J X 96 53 112M 24 Bedford Pulp & deb 1956-..Q-J .. 1st mtge 6s 1941 Gen mtge 5s 1941 Central Ry Term & 68" 25 % 93" 85 100 101M Dryden Paper 6s 1949 .F&A Dufferin Paving & Stone— Deb 5s series A 1955 100 12M 12 15 Eastern Mfg 15 East Temple Corp 6s (w s) 1941. Eaton Paper 1st 5Ms 1943.M&N 60 Elec Auto-Lite deb 4s 1952.F&A Elk Horn Coal Corp— Coll s f 4s 1956 J&D 106 107 40 44 Eastern Cuba Sug 7 Ms 1 J&J Cespedes Sugar 7 %a 1939 M&S f Champion Pap Corp 6s '45--F&A Champion Paper & Fibre Co— 4%aat deb '50(*35 issue)-M&S 4%a a f deb *50('38 issue)-M&S Chateaugay Ore & Ironi— Guar gold 4s 1942 .J&J Childs Co deb 5s 1943 A&O 1968 J&D Chilean Nitrate Inc It 5s 52.A&O Cities Service. v X To be paid r 80 17 104 Ernesto Breda 7s 99 % 53 91 25 ■■ 96 M 75M 51 62 91" 106 80 - - .-F&A Cum inc 6% notes 1950--F&A Cons Laundries Ext 6%b 1941 A&O Consol Oil s f deb 3 Ms 1951.J&D Cum Inc 6s 1950 J&J 5s 1953— Consolidation Coal Co— Sink fund 5s July 1 1960—J&J / A&O 1956.-J&J Consumers Container ■m m m — 113 142 106 Deb 5s 1962 Rock & Gravel— J&J / Corp 1st 6s'46-J&Dl5 1943 98 104 M off. warr.-J&D Oont'l Invest Bond Corp 2-5s '53Cont'l Invest Deb Corp 3-6s '53 Continental Roll & Steel Fdy— 1st M conv r f 6s 1940 J&D 4%a 1946-J&J Coplay Cement Mfg 6s *41—A&O Copley Press 5%a 1943— F&A Oosden Petroleum conv 5s *47 J&J Cont'l Steel deb 100M with b Basis, Canadian price. s f 10 105 M 93 100 99 97 M / / 14 / / / y 1957 J&J Flour Mills of America Inc— Conv g 6M% notes 1946-A&O Follansbee Bros 5s 1947 J&D - - 101 101 1949--J&D Francisco Sugar 6s 1956 M&N Franklin Coal Co 7„s ws 1949-J&J Eraser Co 6s Jan 1 1950 J&J Forest Lawn 1st s f 6s 70 47 99M 102 % 103 48% 49 Frick-Reid Supply 6s 1943--J&D Fruehauf Trailer deb 4Ms'47A&0 12 14 Gair 17 ?i* 11 85 3 36 M. - - 105i»» 105$ 85 88 103 105 102 102 M 101M 101M 50M 1st secured 7s ■ 100 43 10 21 104 % Firestone T & Rub 3 Ms '48--A&O First Bohemian Glass Works— 5 100 68 21 75 14 Consol Steel Corp 6s ser A '44 J&D Consol Textile 1st 8s 1941—J&D f 106" - 61 65 / / / / 64 103 M 81 % 80 .F&A 1954 Players Canadian— 1st & coll 3s 1939.---. J&D 1st & coll 3 Ms 1940-1942-J&D 1st & coll 4Ms 1951 J&D Farmers Mfg Co 3 Ms 1953. -M&S Farmers Nat Mtge Inst 7s '63A&0 Federal Coal 7s 1944 5s 1969 Federal Screw Wks conv 6 Ms '39. Federal Sugar Ref 6s ctf '33 M&N Fiat s f deb 7s 1946 J&J Filtrol Co of Calif 5s 1946— J&D Finland Residential Mtge Bank s f 6s stamped 1961 M&S Firestone Cotton MillR 5s '48M&S 48 60% An Apr Connor Lumb & Land 6s '41 M&"N Consol Biscuit 1st 5 Ha B *46 M&S 1st 5%b ser O 1946 J&D Consol Cement Corp— Income 5s 1970 88 Famous ■ - 85 43 20-year 4s 8 f deb 1956—J&D Falstaff Brew deb 5s 1947—J&D 76% 58 A 1938.-J&D / ser European Mtge & Invest— 1st lien 7 Ms 1966 ser B F&A 7Ms income 1966. it lien 1st liei 7a 1967 ser C M&S 7« Income 1967 Everlastik Inc 1st 7s 1937-M&N Fairbanks Morse & Co— 103 53 86 M _ 115M 99% 99% 7s 44 40 40 M M&Ni 52 Empire Properties Corp 2-3s 1945 Empire Sheet & Tin Plate— 6s 1943 A&O Emporium Capwell Corp— 102M 1st 4s 1952 ...J&J 101 4% notes 1942J&J 15 Erie Elec Motors 5s 1941 A&O / 111 13 92% 46 City Ice (Kansas)6s 1940—A&O City Savings Bank of Budapest 7s 1953 F&A / 12 87 Clearfield Bit Coal 4s 1940--J&J 105M Cleve-Cliffs Iron 4 Ms 1950-M&N 77 Cleve Tractor conv 5s 1945.M&N Collateral Bankers Inc— 99 M 7s series A & B 1950 Q-F 99 M 7s series O 1959 Q-M 99 M 7s series D 1956 Q-J 93 M 6s series AA 1953— Q-F 93 M 6s series AB 1948 Q-M 93 M 6s series AO 1952 Q-J 6s 1948 65 Ma 5s'44 A&O Bethlehem Steel Co— 1st lien & ref 5s 1942.....M&N / 109 141 Purch money 6s 1998—Q-Feb 105 % Cons M s f 4 %b ser D *60--J&J 105 Beth Steel Corp 4 Ms to 1941 J&J 3 % a series E 1966 A&O 100 97 % 15-yr s f conv 3 M» debs *52 A&O 103 Boston Wharf 1st 4s 1941—A&O Nominal, 6 115M 77% '37-M&S/ Eastern Dairies 6s 1949 Cold Storage Consumers Credit Svc 6s 103 58 103 95 101 70 99% 62 103 .....M&S M&S 93 M 95 40" Durham Duplex Razor 6s 1955—_ Eastern Car Co Ltd 6s 1952-J&J 91M 5s 1950 85 106 60 Jan —Jan Deb 5s series B 1955 5M 78 75 80 105 % 92 Dow Chem Co deb 3s 1951—J&D 91 If* 100 M 37 32 102 M 50 51M 50 98 60 99 119 122 Galveston Wharf Co— French Frick Consol Paper Corp— 28 105 M *56—F&A 10-yr 5M% notes 1947—J&J 121 100 102 Donnacona Pap 4-4 M8 99 % l66" 102 98M 10l" 99 99 A&O Deb 4M« ser A 1951 M&N Dominion Textile 4Ms *55--M&S 40 5%a ex-stock 1961..— 31 151 % 93 83 M 91 Central Steel 1st 8s 1941 —M&N Certain-teed Prod 5 %a 1948 M&S ioF" 28 % / B Serial 3 Ms 1938-43 - « 30 A&O / f 6s Oct 15*60 A&015 Dominion Steel & Coal 6 Ms 1955 Dominion Tar & Chemical Co— 104 4M 1951. / M&S Consumers Co (111) 5s Bethlehem Fdy & 14 M 2 Colonial Colliery 6s 1954 M&S / 102 % Colo Fuel & Iron s f 5s 1943.F&A & Cement— n A&O s ; 27M 60 Ohesap'ke-CampCorp4M«'47J&J 23% Chic Grain Corp 3-5s 1952—A&O / Chicago Stk Yards 5s 1961. A&O 101 k Last sale, 1947. M&S f 100 M&S / 99 25% Series .. 73" 30 85% Dickey (W S) Clay Mfg Co— Cum inc 5s (w-s) Nov 1 1949._ f 147% 91 Cum inc 5s (ex-stk) Nov 1 1949 f 101 Dom Coal 1st 4 Ms ser A '52-A&O ■ 1947.F&A 6s 1949 Celotex Corp— Debenture 4 Ms w w 6%a 1952 SS Lines— Called Dec. 1 at 100. ' 102 Central Foundry Co— / * 99 '50M&N Carthage Marble 6 Ms '42 M&S / Cassco Corp inc 115 109 90 119M 15-yr deb 5s with warr 1st non-cum inc 5s Apr 119% 53 M 5s Jan 1 1959 J&J 93 Atlantic Ice & Coal 6s 1951.J&D 48 Atlantic Ice Mfg 6s 1945 F&A 102 M Atlantic Refg 3s debs 1953—M&S 99 M Atl Bug Rof 1st s f 4s '51 M&N Atlas Imperial Diesel Engine— 92% 6% conv notes 1945 M&S 65 Atlas Pipeline Corp 6s 1945-M&N Gen conv 6s 1950— M&N / 25 Auburn Automobile— 25 Conv deb 4%a 1939——J&J / 90 Autocar Co 7s ext 1947—M&N 87 Avery (B F) & Sons 5s w w'47J&D 83 Without warrants ..... Baldwin Locomotive Works— 100 % 1st g 5s 1940 M&N 97% Mtge 68 1950...... .M&S 50 Bait Steam Packet 5s 1942..F&A Baragua Sugar Estates— Cum Inc deb 6s 1947 J&J f 50 90 Barber & Ross 4s 1945 J&D 99 Bates Valve Bag 6s 1942 F&a interest, Farm Ln 100 99 Caribbean Sugar 7s stpd *41-F&A / Carlisle Lumber 6s 1945- Coll tr g __ M&S 25-yr guar 5s 1955 94 54 1955 6% notes stamped 1935 6s extended 1938 ■ t 71 W4* _m&sj f Deutsche Rentenbank— 101 Canadian Nat Steamships— 47 45 ^ 6s 101 ... 50 Deutsche Bank (Berlin)— - 17 J&J 1st M 6s 1949 105 % Sink fund deb 4Ms 1950--A&O Anglo-Chilean Cons Nitrate— 30% Sink fund income deb 1967 J&J 90 Animal Trap 5s Aug 11946.—.. Antilla Sugar Estates— 20% Income deb 6s 1951 (whs).-J&J f Anthony (E C)— 95 1st s f 68 (San Fran) 1942. J&D 95 1st s f 6s (Los Ang) 1942--J&D A-NY & B-NY Realization 5s, 1955— M&S/ 22% Arcade Mall Iron 7s 1943. _M&N / 11 Armour & Co of Delaware— 1st M 20-yr 4s ser B 1955-F&A 96 % 1st mtge 4s series O 1957..J&J 96V* Arnold Print Wks 6Ms 1941.A&0 / 64 1st 5s Feb 1 1952 A&O 53 Arundel Bond Corp 2-5s Dec 1 '53 82 Arundel Deb Corp 3-6s Dec 1 *53 _ 55 % Associated Mtge Co 3-6s Dec 1 '53 52 Atlanta Laundries— 6s profit, share 75 Canadian Internal Paper— _ J&J 40 1937—A&O / 1st cum inc 5s 1957--Ann April , Co— —Ann Apr Ames-Holden Tire & Rubber— Income 7s Jan 1 1943 M&S Anaconda Copper Mining Co— Bessemer Limestone 50 Detroit Times deb 6s to '43.M&S deposit-1942 / 13 M 98 Campbell River Timb 6s '41-J&J Canada Bread 6s 1941 F&A r 106 103 Can Cement 1st 4 %s serA'51 M&N Canada SS L 6s '41 ser A iA&O / 65 82 M 1st & gen 5s 1957 —J&J 98 Canadian Bakeries 6Ms '45-M&S Canadian Canners Ltd 4s'51M&N 100M 80 Amer Writing Paper Conv 6s 1961 Terminal 6s 1954 Detroit Har Term 1st 6s '50-M&S f Camaguey Sugar— 7s Certificates of 101 36 St's (Del) 6s *47.J&D Am Fruit Growers ert 7s '43-F&A Amer Ice Co deb 5s 1953 J&D Amer 1 G Chem Corp— Conv deb 5Ms 1949 -M&N Amer International Corp— Conv 5Ms 1949 J&J Amer La France & Foamite— 5%% notes 1956 J&D Am Lime & Stone 5%s '51—M&S Am Mach & Metals 4s 1943--J&J Amer Nat Co (Ohio)— Extended 6s stpd 1943 J&J Amer Radiator det) 4 Ms '47.M&N Amer Seating 6s stpd 1946---J&J Am Silica-Sand 6s 1951 M&S / Am Tobacco deb 4s 1951--.-F&A Bayway 50 71 Calif Amer Dept Atl Gulf & W Indies Deep Rock oil 7s 1937 35 98 86 82 99 F&A Amer Colortype 6s 1942 F&a Amer Dept St's (Pa) 6s '48--J&D 101M 101 De Bardeleben Coal Corp— 43 M 55 51 A&O _ New 3-6s 1943 Davidson Chem 6Ms 74 '40-J&J Group Corp 5 Ms 1956 M&N f guar 1943 60" 55 58% 99 s 88 91 40" Calif Cooperative Creamery— 1st s f 6s 1948— A&O Deb 97% 63 M 92 M 100 100 97 57% 69% 42 M 52 M Income 5s 1958 Calif Cotton Mills 1st 6s 106 98 M 103 % 101 35 A 1961--M&S 1958 J&J Ann, Apr Bush Term 1st 4s 1952 -A&O Cons g 5s Jan 1955 J&J / Bush Term Bldg 1st 5s '60.-A&O / Butterick Co 6% notes '39-. A&O Byers Macbine 3-6s 1946 Byrndum Corp 3~yr notes Jan 15 '39 Calaveras Timber 1st 6s '38-M&N / Burns & Co Ltd 1st s f 5s 1948—A&O Aluminium Ltd s f deb 5s s Burns Bros deb 5s 50 33 35 20 6s assented w w Allis-Chalmers s 15-yr 70 87 83 Mfg 6s ext 1941 _F&A (Copenhagen) / 105 f extl 6s 1940 J&J 104 M tl* 98 112 81 J&J 1st series B 1948 82 -J&J '45 A&O Aeolian Co 6s 88 104 M 15-yr 4s s f Nov 1 1950—M&N 10-yr s f deb 4Ms 1948 J&J Crown Willamet Pap 6s '5l__J&.f zl03»« Crucible Steel 4%a A 1948—F&A Cuban Tobacco 5s 1944 J&D 91% Cudahy Packing 3%a A '55.M&S 86 Conv s f deb 4s 1950 M&S 82 M&N 1942 Bryant Paper 6s A 86 Crown Cork & Seal Co Inc— 98 95 100 99 1946-F&A Credit Service deb 6s w w '48. Q-F Crowley Milner 5 Ms 1946—M&N 1st 5%s 1950 ser B M&S / 95 Brown Pap Co ext 4%b '41 .A&O 108M Brown Shoe Co 3 Ms 1950—F&A 88 Bruck Silk M Ltd 6 Ms '45-M&N 90 - 8 . Brown Co 1st 5%s 101 1939 A&O 1940-1945 A&O Advance Bag & Paper 6s '52_ J&D 4-4 Ms 5-5 KB Ex scrip 101^ 101% 100% 105% Sinking fund deb 5s 104 6s '56-J&D 1945--M&S Columbia Pulp & Paper— 106 Creameries of America— 39 British Am Oil deb 4s 1st 6s 1950 1955_A&0 1948. M&S J&D M&N F) 7s 1944 7% 7% Bran dram-Henderson 62% 62% 5 4 Cosgrove Meehan Coal 6Ms 1945- f 104 % Crane Co 3 Ms s f deb 1951.J&D 50 47 66M Abitibi Power & Paper— Ask £ 7 7 Botany Cons Mills 6 Ms '34.A&O f f Certificates of deposit INDUSTRIAL AND MISCELLANEOUS BONDS Bid Bonds Ask Bid Bonds Ask Bid Bonds 97 56 56 M 26M 66M 68 73 78 99M 84 66 93 102 M 94 M 47 Ref 5 Ms series A 1951....J&D Ref 5M« series B 1954 J&J A&O 102 97 96 53 94 1st 5s 1940 Packing 4 Ms 1946—J&D 4Ms Dec 15 1947. J&D Gen Amer Transport 3s 1940.J&J ..J&J 3% notes 1941-1942 104M General Bronze deb 6s 100 '40--M&N 97 101 99 100 101 82 101"' 102M 85 General Cable - - - - 72 95 1st mtge s Corp— f 5M8 1947 ser A. J&J 102 M 7s '45-J&J15 55% Gen Elec (Germany) Deb 6Ms 1940 45 d CaUed Dec. 15 at 101. e Called Dec. X Called Dec. 23 at 103. x Called Jan. 1, 56 52 58"" M&N deb 5s '51-J&D Corp— 97 10-year deb 3s 1946-—...F& 15-year deb 3Ms 1951——F&A 106 106 M 106 106 M Deb Gen 90 J&D 103 M 52 s f 6s 1948 Gen Finance conv 102M 101 43 (RobO income notes 6s 1972 Garlock 28M 104 M Nat Mail 8S Lines 6s '52 £3.25% (H O) Coke 5s to 1944-J&J ^ 100 Motors Acceptance 15 at 101M to 104. /This price includes accrued 1939, at 103. y Called Jan. 1, 1939 at 105. J 82 INDUSTRIAL & MISCELLANEOUS BONDS NOTICE—All bond prices are "and interest" except where marked "f" and Income and defaulted bonds Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue Bid Bonds 5»1948--A&0 Rayon deb 6s 1948 w w.J&D / Stirast 1st 5%s'49 w w.J&J Gen Plastics 1st s f Gen Gen Gen Ask 119 73 77 61% 63 96% 97% Ohio Riv. Certificate of 88" 78 11 Jellerson & Clearfield Coal & Iron de^it--------/ 11 Indiana Co 1st s f 5s 1950--J&J lones & Laughlin Steel— 91 1961—M&S Journal of Co mm 6%s '47—-j&J Kansas Pipe Line & Gas— 1st 5s series A w w 1952—J&J Karstadt (Rudolph) Inc— 1st 6s 1943 with Am shs.-M&N Ctfs of dep w w stpd 1943— 6s stamped (par $925) 1943 6s with warr (par $925) 1943-Keith (B F) Corp 6s 1946-- -M&S Kelsey Hayes Wh'l 1st 6s '48-J&J 16-yr conv deb 6s 1948 J&J Kentucky Rock Asphalt— 3%-6%s 1945 J&D Kentucky Securities coll 5s 1940. Keokee Cons Coke 5s 1959—J&J Keyes Fibre 1st 6s *38-'39 M&N 1st 6s 1940-1949— M&N Keystone Steel & Wire— 2% notes 1938—M&N 3% notes 1939-1941 M&N 95 83 74 Mtge Bond Co (Md) 2-5s Dec 1 *53 Mortbon Corp— Coll A2%-5sser 1 1941 _.J&D 95% Coll B 2%-5s ser 2 1946 ..J&D 60 Call C 2%-5s ser 3 1951 J&D Coll D 2%-5s ser 4 1956 J&D 95% Mosinee Pap Mills 1st 5s *51 A&O Motor Transit inc 6%s 1952.J&J / 25" Muni sing Pap 6s A &B 1943. A&O Munson Steamship Line— 37 Secured 6s 1937 J&J / Deb 6%s Jan. 1 1937 96" A&O / Certificates of deposit / 79" / 34 36 68 73 74 45 92 . 55 A 1941-M&S 103% Godchaux Sug 1st s f 5s 47. M&N Good Hope St & Ir Wks (Germ y) 36 S f g 7s Oct 15 1945- --A&O 15 / Goodrich (B F) Deb g 61945 J&D 1st mtge 4%s 1956-J&D Goodyear Tire & Rubber— 1st mtge coll tr 5s 1957--M&N Gordon Baking Co (Mich)— 5s series B 1945-50-——J&D 1940-1944—J&D 62 99% 99% 100% 99% 102*m 102% _ 100% 100 Hosiery— 1946--—--M&S 6s '42. A&O 5b 43-F&A Granby Consol Min & 8m 5s 1942 Grand Rapids Motor Coach— Cum income 7s 1962—--M&S Grand Rapids Operating Corp— 6s extended 1942-———j&j 5 f deb 5s w w Gould Manufacturing Graham Paige Co 1st 86 ' 87% 100% 50 89 91 38 41 96 100 62 Grigsby-Grunow Groc St's IYod conv 6s 1945- J&D Gulf States Steel 4%s 1961-A&O Alabast— 22% 23% 71 73 44 99 100% 81 83 1st & coll 6s stmp 1947—-M&N Hamilton By-Prod Coke Ovens— 12% 53% 94% 55" f 5s ser A 1955———M&N Gen sinking fund 6s 1956- - A&O Hamilton Cotton 4%s 1950-F&A 14* 100% 96 100 Hamilton Mfg 5s vr w 1951— M&S Hansa Steamship Lines— 83% 10-yr 6s 1939 w w A&O Harpen Mining Corp— T„ , 6s with warr for Am shs—J&J / 95 Harris-Seybold-Potter— Conv s f deb 5s 1951—-A&O Hart Coal inc 6s 1945—------ / Hatfield-Campbell Creek Coal— 1st 6%s 1948 —-—M&S Hawlev Pulp & Paper Co— 1st 6s s f 1946-—— ———/ Haytian Corp inc 8s Oct 1938--— / toU)47_M&N '40.A&O 58-A&0 Heywood-Wakefield 5s 1946 J&D Hightstown Rug 6%s w w 1944— Hines Land & Timber 6s 48—j&j Hoe (R) & Co 5-7s 1944 ws..A&0 4%-6%s 1st mtge 1944—A&O Holland-Amer Line 6s 100% 100% 98% 97% 102 47--M&N / 85% 36 94% 15 18 Corp 2-5s Jan 1 '65 Interstate Zinc & Lead deb 7s '32 f Called Dec. 30 at 102. Series B & O 28 85 .... 99 1st mtge income 1975—.-J&D Lawrence Portland Cement Co— / 97 67 77 65% 57 70 48 47 20 25" t Called Dec. 1 92 Libby McNeil &Libb 5s '42.A&01 Liberty Baking 6%s 1944—M&S Liggett & Myers g 7s 1944—A&O Gold bonds 5s 1951 F&A Lincoln-Boyle Ice 6s 1947—A&O Lindsay Nunn Pub 6s 1944—M&S Lion Oil 4%s 1952———.A&O Liquid Carbonic conv 4s '47-J&D Loew's Inc deb s f 3%s 1946-F&A Logan County Coal7s 1942-M&N Long Bell Lumb 6s sei A'42_J&J 6s series B 1943 —-—__A&O F&A 6s series C 1946 Loiillard 98" 97 NYLE&WC 86 91 55 65" 51% 53% 88% 33% 93 37 27 27 30 78 79% 105% 103% 104 63 128% 125% 129% 126% 60 91 107% 102% 102 20 50 ' 87" 99% McColl Fronteaac Oil— 98% 99% 75 82% 82% ^3% _ 106 McKesson & Robbins inc— 103% 163% 103% 104% 98% at 102. b Basis. J&D N Y World's Fair 1939— Deb 4s 1941 85 89 / 100 55 96% 96% : «r 82 85 95 65 —m m 84 m, i' :'m m — *#«■ •mm — m + m 7 51 54 28 89% 31J -91 58 ■ ' mm mm mmmrn uu— 35 lift 36 37 Equip trust 4%s Aug 1 '39-'46. Equip trust 4 %s Nov 25 '39-'43 Equipt tr 4%s 1939-47 J&D15 Equip trust 5 %s Sept 1 '39-'44North Amer Cement Corp— Deb 6%s A with warr '40-m&S 1943 M&S Income 6%s 1953 m&s Nor Amer Refract 6%s 1944-J&J North German Lloyd— Western M&N M&N 50 96% 63 68 48 93 5.25 5.25 5.25 5.25 90 87 30 48 98% 66% 4.00 4.00 ser K 1939-48—A&O Northern Elec & Nor Pap Mills— 1st 4s 1940-47 -M&N 1st mtge 5s to 1948 m&N Debenture 6s 1943 m&N Northern Redwood Lumber— 6s 1937-J&D N'west Pub's Deb 4%s 1948-J&J Northwestern Barb Wire Co— 1st mtge s f 5 %s w w 1945-F&A 5%s without warr 1945-F&A Norwestern Term Co 5s '48.. j&D Nova Scotia S & O 5s 1959. -J&J 6s perpetual stock J&J 1st conv s f 3 %s 1963 J&J O'Connor Moffat deb 6s '38 F&A O'Gara Coal 5s *55 op aft'08 M&S Ohio Leather conv deb 5s '46-J&J Okonite Co 6s stmp 1942 J&D Old Ben Coal Corp 6s (w s) 1948 Inc deb 7 %s (w s) Aug 1 1953. Oregon-Am Lumber 6s 1942-A&O Oregon Pulp & Paper 6%s to Apr 30 *37. 6% to 1945—m&N Oreg Terminals inc 5s 1945—A&O Orono Pulp & Paper 6s stamped 1943 J&J Osgood Co deb g 6s 1943---.J&D, Oswego FallsOorp 4 %s 1952-m&8 Pacific Coast Co 5s 1946 JJ&P Pan-Amer Industrial 7s *37 JM&S Pan Amer Petrol Co (of 1st conv a f 6s 1940 4.00 90 92 81 9 93 70 69% 32 88 36 76 75 7 96 1102 28 3 28 94% 30 25% 50 93 s f 4%s A 1962—_J&| Oxford Miami Pvper 6s 1947-F&A Pacific Atlantic SS 2-5s '43.m&n Pac Coast Cement 6s A 1942. J&D 78 73 34% 78% 59% 1% Calif)— J&D15 Certificates of deposit Pan Amer Petroleum & Transpt— 7-yr div notes 3%s 1943—J&D 7-yr div notes 3%s 1944..J&D Panhandle Eastern Pipe Line— 1st mtge & lien 4s 1952 m&S Paramount Pictures 6s 1955-J&J Conv deb 3%s 1947 m&S Parmelee Transportation Co— 37 S f conv deb 6s 1944 A&O Paton Mfg Ltd 1st 4%s '56.m&8 33% 33% 96 96 104% 98 82 Peabody Coal Co (Consol Co)— 37 1st 100 98% — Refrigerator Line 13 36 « 50 North Amer Oar— Otis Steel / / / / / 89 85 57 % j&J Without warrants... 95 45 / 117 / 113 rayrji 55 J&D Partic deb 2d mtge 7s 1946 j&D - 95% 91 >| 94% 90% Middle States Petrol 6%s 1945._ Miller & Hart Inc. deb 6s '43. J&J 18% 104% 93 Eq tr 3%s ■ Metropolitan Ice 7s 1954—J&J Metropol Persons Loan 7s w-a '57. Miag Mill Mach'y 7s 1956-J&D / 70 87 Equip trust 4s ser I Jan 1 *39-'43 Equip tr 4s ser J 1939-46.J&D 128 _ feist 68 series A 1935...—A&O 1st 6s series A 1945.—A&O 1st 6s series B 1948 -—J&J 1st 6s series O 1950— M&N 5-yr 6% note 11931 M&S Minn Valley Canning 6s '41..J&J Missionary Sisters (Waukegan, 111) 1st ref 3%-4s 1951—A&O _ North - Memphis CommercialAppeal 4%s 1952 —M&S Mengel Co conv 4%s 1947—M&S Mercantile Stores deb 5s 1947 J&J Merchants Distilling Corp—■ 5% conv deb 1947———M&S Mersey Paper Ltd 5s 1957—J&D Gen s f 6s ser A 1949-.—M&S Messenger Corp deb 4 %s '51 J&J Messer Oil 1st & ref 6s 1942—J&J Conv s f deb 6s 1947--.—J&J at 20-yr s f 6s 1947 New 6-4% 1947 43 43 43 7s without warrants 1941 M&N f 25 Maple Leaf Milling— 5 %s to 1949 J&D / 48 Marine Elev (Buff) ext 5s '52M&S / 11 Marion Sfm Shovel 6s '47—A&O 54% Massey-Harris Co 5s 1947--A&O 98% McCloud River Lumb 5s *48 J&J 100 Medusa Portland Cement— 1st conv 4-5 %8 to 1945—A&O 105"* 28 5% to 1943---J&J / N Y Shipbuilding 1st 5s '46-M&N New York Trap Rock Corp— 6%s 102 100% 106% 35% 78% 20-yr conv deb 5%s 1950-M&N Mead (The) Corp— 1st M 6s 1945 with warr—M&N 42 70 57 Nivelle Corp 4s 1952 M&N Nordbarg Mfg Co 1st 6s 1943M&S 21% 104 48% 48% 34% 76% VJUittnu / A&O —— Manati Sugar 1st 7%s '42—A&O / Certificates of deposit f McCoid Rad & Mfg— Deb 6s 1943 with warr—.F&A McOormicks, Ltd, 4s 1952—.J&J McCrory Stores Corp— 5s s f deb 1951 M&N Extended s r 5s 1953 ser m&N A 100 / This price includes accrued interest, mm 43 89 & RR— 1st mtge 8 f 6s 19466s stamped w w 1946 122 A&O m 29 83 1st 6s ext 5%% 1942 m&N / N Y L E & W Dock & Impt— _ 79 1st & coll4%s A 1949 106% 68 * KTOonv 5% notes 1947 98 77 ou 104% Niquero Sug 3%s 1940—J&J Dock Co—'st g 4s '51-F&A Serial 5% notes 1938 A&O 30 28 5s, 1951—- 1st 8 f 4s Feb 1 1957 M&N Manhattan Reffig 5%s 1941. J&J Mansfield Min & Smelting— 17 , 55 Corp— Subord notes 5s A 1947—J&J Subord notes 5s 1947 J&J 22 Lukens Steel 5s extend 1955 M&N lVililiiwUiKt / 89 104% Newport Industries— 127% jP) Co g 7s 1944—A&O F&A 27 67% 101 1st coll mtge s f 4s 1965.—J&D Natl Tool conv deb 6s w w '42F&A Nat Union Mtge 3-6« A '54.-J&J 2-5s series B 1954 J&J New Eng Laundries 5s 1956-J&J New 57 Le Tourneau Foundation— 4s coll trust conv 1947——J&J 81 68 54 National Steel Certificates of deposit.. Deb g 5%s 1942 A&O Layne & Bowler 3-6%s Dec 1947Lehigh O & Nav fund 4s *48 J&J Cons s f g 4%s 1954 J&J Cons s f 4%s 1954 ser C—J&J Lehigh Valley Coal— 1st & ref 5s 1944-————F&A 1st & ref 5s 1954 F&A Leipzig Trade Fair 7s 1953-M&N f 14% 79 95 92 inc 5s 1952—M&N / National Radiator Corp Cum income deb 5s 1946—M&S 14% :/■ conv Nat Industrial Loan 7s 1957 Nat Oil Prod deb 4s 1952—J&D _ F&A F&A Secured 6s class A ext 1943.J&J Leonard Tietz—See Tietz 92 87% N Y Nitrate Co— 1st & ref 5s 1974 88 104 52 106% Cum 113 23 90 87 104% Natl Food Products Corp— 6s series A with stock 1944 m&N / 40 Without stock m&N / 41 Natl Grocers Ltd 4s 1947 100 A&O Nat Gypsum 4 us debs 1950 m&N 104% 69" 100% 10-yr deb 4%s May 1 22 22 82 '45-M&N ^ 55 62% 29 97 % National Fire Proofing Co— 1st M conv 5%s A 1948-M&N 102% 98% 109 An Apr f / Nat Dairy Prod 3 % m w w'51 m&N Natl Debenture Corp 3-6s 1953— National Distillers Products— 101 Lake Superior Corporation— 1st & coll tr gold 5s 1944—J&D / Lane Bryant Inc deb6s'40wwM&N ... Series A & D „ 100 J&J 60 59 34 3 3 29 /101% • Natl Consol Bond Corp 2^5s 1953Nat Container deb 5%s '52-A&O : so 1950.-M&S Debenture 5s 1961 " 88 95 70 partic cl (Central Funding series 95 95 99 152% 5-6s April 1 1946 ' --- / Koppers Co 4s 1951 M&N 102 Kresge Foundation— 10-year coll tr 4s 1945 J&J 103% 3 coll trust notes 1947-F&A 100 Kreuger & Toll— 5s uniform ctfs of dep 1959 / 14 os - _ 1st & ref 5s 1964 . * • _ 99% Holly Sugar Corp 2s 1939—A&O 1st 2 %s 1940 A&O W* 100 98 99 1st 3 %s 1941 A&O 97 16t 3 %s 1942 97% A&O 93% 1st 4s 1947— A&O 80 Home Serv Corp 6s 1957——A&O Home Service (Portland, Ore)—29 1st coll 3-5s 1950 A&O / 25 Housing & Realty Improv— 7s 1946 M&N / 22 Houston Oil CO of Texas— 102 1011 10-yr sec s f 5%s 1940— -M&N Hudson Coal 1st oa 1962 A--J&D 38 373 Hud Riv Day Line— 55 S f 1st mtge 6s 1946-——-j&j 65 15 2d mtge inc 6s Feb 1956-——- / 10 Hungarian Central Mutual 11 Credit Mfg 7s 1937—-----j&J / Hungarian Disc & Exch Bank—12 35-yr s f 7s 1963-------J&j f Hungarian-Italian Bank Ltd—_ Sinking fund 7%s 1963---A&O / 12 Hygrade Food Products Corp— 64 1st & ref 6s Jan 1949 A—A&O 62% 6s 1949 series B—— j&J 62 65 Ice Service 1st 6%s 1939——J&D 86% Illinois Steel deb 4%s 1940—A&O 104% 105] Ilseder Steel mtge 6s 1948-—F&A fk 37 Nov 2 Independent Brewing 6s 55-J&J 108 Indiana Ice & Fuel 6 %s 47-M&N 63 8 Ind Limestone inc 6s 1952—M&N / 7 Prior lien s f 6s 1942 M&N 70 80 Indianapolis Motor Speedway—• 1st extended 6 %s 1946___F&A 70 Industrial Acceptance 4s 1952 j&J 91 % Indus Rayon 4%s A 1948.—J&j *^94% 95) Inland svl 3%s ser D 1961—F&a 109% 109; Inter lake Iron Corp— Conv deb s f 4s 1947— A&O 90 86% Internat Agricultural Corp— 1st & coll tr s f 5s 1942—M&N 102% International Match Corp— Deb s f 5s 1947 M&N / 5% 6% Certificates of deposit 15 f 14 Conv deb fts 1941 J&J15/ 5% 6% Certificates of deposit 15 / 14 Internat Mercantile Marine— 1st M coll trust 6s 1941—A&O 55 52% International Paper— 1st & ref s f 5s 1947 ser A—J&J 96 95% 1st & ref s r 5s ser B 1947—J&J 96 95% Ref mtge 6s 1955 ser A—M&S 84% 85% Internat Pow & Pap of Nfld— 1st M 5s 1968 j&J 102% 1st 4 %s 1968 J&J 101 Internat Salt g 5s 1951 opt._A&O 107 io8% Interstate Deb 35 20 26 25 93% Lake St John Power & Paper— 1st 5%s 1961--.—J&J 94 Heller (Walter E) 4s ww Helvetia Coal Min 1st 5s / / / / 1942-1945—M&N 101% Kings Co Reffig 6s 1942-—A&O 65 Kingsport Press 6%s 1939—F&A 100 Kingston Elevator 1st 6s '50 M&N 100% Kinney (G R) ext 5%s 1941 J&D 96 Kirby Lumber 1st 4s 1947-J&J 16 98 Koehring Co (Milw) 3-5s '45-J&J 67 Koholyt Corp 6%s 1943 M&S f 22 Lautaro s Hearst Publica 6 %s . - La France Textile 1st 6s '42-J&D / Lake Erie Bolt & Nut— — —-..M&S '39 stmp—J&D / (F W) Printing Co— Hale & Kilburn 6s ;l 47 ■ ---—A&O / cony 6s 36 M&S / /fug iQ4« #• Lackawanna Steel 1943————M&S Knight 4%s 51—J&D Cum inc 5s Ltd 56 93 _ Grand Great Lakes Paper Co - m 4% notes Grand Rapids Stores Equipt Co deb 5s 1949——F&A Shrunk By Term 6 Cold Stor 1st 6%s 1952-A&O f Granite City Generating— 5s, 1963-.--A&O Granite City Pig Iron— ^ 1st mtge 4%s ser A Conv deb 4%s ser 1st Monon Coal—See Chic Ind & L Ry. Monroe Coal Mining 6s '47 F&A 93 Montreal Cotton deb 5s '43 M&N 102 Morris Plan sec 6s x-w 1947.M&S 87% 80 45 22 Hail 83 74 1950-M&N f Gypsum Lime & 74 Molybdenum Corp of Amor— 6% notes 1942 J&D 10 10 J&D Cable 7s 1945-- / iGerman Bldg & L d Bk 6%s 1948 / Glen Alden Coal M s f 4s 65 M&S Globe Industrial Loan 6s 1955 J&J Globe Wernicke 6s Oct 1 '44-J&J Gobel (Adolf) Inc— Q 1st s f 5s 1955 / 6s Dec 1 '48-F&A / I*otta Fraschini 7s 1942 Georgia Marble 1st 6s Ootnam Silk Bid Mohawk Rubber ext 5s 1948 A&O Jacobs (F L) 5%% dividend notes 1942 J&D German Atlantic Gordon-Pagel 6s ser Bonds Ask 14 1937--- Gen Vending 6s Bid f F&A f Wares— Steel 4%sser A 1952----------A&O i heat E<i deb 6s 1940-A&O Gen Graton & Bonds Iron City-Ohio River Corp— Iron City ser 6s Dec 1 '48-F&A p- k Last sale. n Nominal. 50% 100 83 INDUSTRIAL DEC., 1938] NOTICE—All bond prices ere "end interest" except where marked "f" Quotations for all securities are as near as possible for the closing day of the Penn Amer Goal 43 M Shell Union Oil Corp— 90 Sheridan-Wyoming Coal Co— 1st s f 6s 1947 .——J&J 71M Siemens & Halske 10-yr 7s 35 J&J 76" Deb g s f 6 Ms '51 with war M&8 / Deb 6s 2930 Ann Apr / 550 106 32 8 13 M 14 J* 98 99 109 108 % 103 M "9" 7 20 5 4 72M 23 .... 89 M 92 M 88 166" 99 - 105 - 98 42 Walker (Hiram)-G Deb 4 Ms 1945 38 39 M A&O 98" 100 41 97M 44 ff 25 62 53 . 103 M 99 Republic Steel Corp—. * 105 M Gen mtge conv 4 Ms A 50_1_Gen mtge 4Ms ser B 1961 .F&A Gen mtge I Ms ser O 1956 M&N 107 Purchase money 5M8 96 Restigouche Paper Ltd 6s '48 Revere Copper & Brass— 99 1st mtge 4Ms s f 1956—---J&J 92 Reynolds Met deb 3 Ms 51—J&D 103 Rheem Mfg conv 5s 1948..-A&O 49 Rheinelbe Union 7s 1946--—J&J 28* Rhine-Main-Danube 7s 50 M&S Rhode Island Ice 5s w-s '51—F&A / Richardson & Boynton Co 103 M 100 106 1945——J&J / Richfield Oil of California— Conv s f 4s 1952,.————M&S 6s 1953 Richmond Hos 94 M 108 98 99 M 105" 54 36 M __ Mill's 7s 48 '38.-F&A 6M,s 42-A&0 Richmond Radiator 5s 1948 M&N Rima Steel Corp 1st s f 7s *55 F&a / Riordon Pulp & Paper Ltd— Richmond (Va) Ice 6s June 30 1942—-J&D30 River Raisin Pap 1st 6s 45.-F&A 1st 23 101 — 52 103" 19 M 65 23 24M 102 M ~3~~ 22 100 90 95" 33 25 M 1958—.- -J&J 105 Safeway Stores 4s s f deb 47-J&D St Clair Furnace 1st 5s 39-. F&A 53.00% 101 St Joseph Stock Yds 5s '40.. F&A 94 St Louis Amuse't 1st 6s '45-A&0 8t Louis Gas & Coke Corp— 16M 1st M s f 6s 1947--—-. IAD 58 M St L Rky Mt & P 5s '55 stpd .J&J 103 St Paul Un Stk Yds 5s 1946- 4&0 48 Saltex Looms Inc 6s 1954— -A&O 101 Samson Tire & Rubb 6 Ms *39 J&J Saratoga Victory Mills— 81 6 Ms 1943 J&J Saxon Pub Wks (Germany)-— 22 1st extl s f 7s 1945 »--F&A Gen & ref 6Ms 1951-—--M&N 6% notes 1937 J&J Sayre & Fisher Brick 6s 1947-J&J 65 Schoenstadt (H) & Son 6s 1950 — Schulco Co 6M8 1946 J&J Stamped (July 1933 coup on) 28 M Guar s f 6 Ms 1946 ser B—A&O 28 M Stamped.. - It* seats, 30 70 members. at 105. , 91 30M 31M J&J & Warehouse Corp— 4Msl948— A&O Term Warehouse 2d 5s *42--J&J Texas Corp deb 3 Ms 1951—J&D Texas Sugar Ref 1st 6s '44—F&A 32 13 59 101M 75 81 98 ■ ■ Secured 6s 1945 Wilbur-Suchard 4s 1952 Wilcox Oil & Gas 6s 1945 15M J&J ■f M&S I1/' 9 J&J 91 101M 92 M M&S 1947 J&J A&O 101M '38-A&0 99 M M&N (Alan) Ir & St 6s 1944.A&O Extend income 6s 1963 Wood 107 94 79 121 102M 75 48 103 M Woodland Farm Dairy— 107 M .—J&D 6 Ms w w 1944 Woods Mfg Co Ltd —J&J 3 Ms series A 1942-1945—J&J 4s series A 1946-1947— -J&J 4 Ms series A 1952 J&J 1st 3s to 1941 84 102M '62J&J inc 5s 1962__Ann Apr Woodward Iron 1st lien 5s 2d conv 70 91 98 97 96 104" 110 Woodward & Tiernan Print— 100 102 45 106 H 106M 75* 80" 92 J&J A&O 6s 1942 York Ice Mach 6s 1947 Debenture 6s 1943 J&D 92 IV* 82 95 Youngstown Sheet & Tube— 1 at M s f 4s ser C 1961 M&N Conv 4s debs 97 M 100 M 105 M 75" 56 41 100 100M 101 100 115M 117 108 y 109 M 24 26 76 96 M 89 103 H 106 M SEATS No. Last Sale Exch—1,375 $72,000 NY Cotton Exch.. 450 9,400 N Y Cof & Sug Ex344 2,900 N Y Curb Exch—550 12,000 Baltimore Stk Exch 76 1,000 Boston Stock Exch139 4,000 Chicago Bd of Tr__ 1,549 1,500 Chicago Stock Exch 356 2,000 Cleveland Stk Exch 41 2,500 Detroit Stock Exch 66 1,000 Ft Worth Gr & Cot 66 350 Kan City (Bd of Tr) 213 4.250 Los Ang Stock Exch 75 1,000 Milw Grain & Stk. 177 / 150 Minn Ch of Comm. 523 1,200 Minn-St P Stk Ex. 19 1,000 Montreal Stock Ex. f/80 46,000 New Orl Cotton Ex 500 760 New Orl Stock Ex. 70 100 Phila Stock Exch.. 200 975 Pittsb Stock Exch, 115 500 St Louis Exchange46 1,250 Salt Lake Stock Ex. 49 500 San Fran Stock Ex. 69 18,000 Seattle Stock Exch 1 29 300 Seattle Curb & M _J Toronto Stock Exch 113 65,000 Washington Stk Ex 40 500 Winnipeg Gr Exch. 463 3,500 N Y Stock 26 21 65 1948——M&S EXCHANGE 105 M 80 ■ J Witherbee Sherman Inc— 4 108 ( 15M 1935.M&N Wise Lime & Cement 6s A&O :: 101H Conv debs 3 Ms 58 M United Cigar-Wbelan Stores— S f 5s Oct 1 1952 A&O /This price includes accrued interest, M&N 5Ms 1943 United Biscuit deb 5s '50 J&J 94 M 113 Winslow Bros & Smitn— 22 h 5 Ms series B 1949 M&N United Merch & Mfrs 6s 1945 J&D 98 ^ M&N Wilson & Oo 4s ser A 1955 2M 30 65" 46 r 1945—J&D 5-year 7s ser A 1930 34 United Grain Growers Ltd— 5s series A 1948 59 M QFeb Certificates of deposit 54 1953 F&A United Elec Coal Cos inc 7s 1946United Drugs 5s 1953 M&S15 3 Union— Pr lien & coll Is Jan 62 96 49 United Corps Ltd inc 5s 14 108 M Wickw Spencer Steel 7s '35—J&J f Certificates of deposit 80 69M United Amusement Corp— 1st s f 5s ser A1956 -F&A 27 h 91 86 100 90 White Sewing Machine— Deb 6s 1940 52 53 J&J 98 Whitaker Paper 7s 1942 63 M 50 47 1 1942 ser A F&A 15-yr 3 Ms deb 1952 J&J Union Rock 1st 6s s f 1947--M&S Union Term Coal Stor 6s '39-F&A 46 M 43 Wheeling" Steel Corp— 1st M s f 4Ms ser A 1966--F&A 74 1950--F&A 6s May 30 F&A Debenture 4 Ms Deben Corp5s 1955 warehouse— 1st 2M-4Mt ser A 1942—J&J Unified 35 6s '50.J&J Gens f 5s Jan 311956 Union Oil Co of California— 101M b Basis, A&O 73" Western Steel Products— Union Compress & 82 95M J&D Ulen & Co— Conv 6s 4th stamp 107 M 63 Thermoid Oo 5s w w 1951—J&D Three Rivers Grain & Elevator— 1st s f 5Ms ser A 1951 M&S Ticonderoga Pulp & Paper 6s 194 Tide Water Assoc OH 3 Ms '52&J0 90M J&D M&S Coal & RR 5s 1951-J&J Copper & Chemical— Conv deb 6s 1944 ser B M&S 66 Weyenberg Shoe Mfg— Studebaker Corp 6s 1945 J&J Stutz Motor Oar 7 Ms 1937—A&O Superior Steel Corp 6s 1938-J&D Susquehanna Silk Mills— Sink fund deb 5s 1938 —J&D Swift & Oo 3 Ms 1950— M&N Taggart Bros Co 6s 1944 J&D Taylor-Warton Iron & Steel— Coll inc 7 Ms July 1 1958-A&0 ZI* Western Newspaper Conv deb 6s 1944 11M 80 1st 5s 1943-1951 40 West Va Pgh Coal 6s 1947 W Va Pulp & Paper 4Mb *52 97 72 Tenn Prod 1st 6 Ms 1936 J&D W Va Coal & Coke 1st 92 92 108 71 1949-A&O 1st mtge s f 5Ms w w 49 M 102 124 Dec. 88 89 89 101 60 121 5s '46 J&D 103 % 19 M&S Trask Timber 1st 3s 1944 J&D Turner Glass Co 1st 6s 1939-J&D 17M Schulze Baking 1st 6s Called 4s ctfs of Tietz (Leonard) 7MBX~W '46-J&J Tilden Lumb & Mills 6 Ms'46M&S Scott Paper deb 3 Ms Scovill MfgOo 5Ms * unstamped 1946 A&O deposit 1946—A&O stamped 1946 A&O Stinnes (Hugo) Industries— 7b unstamped 1936 —J&J 4s ctfs of deposit 1936--J&J 2d stamped 1940J&J Strange (John) Paper 6s '44—J&J 7s Tivoli Brewing conv 5s 1947 Tomahawk Kraft Paper— 1st 5s (with stk) 1951 88 '45— -M&S 1952—M&S 1945---J&J Scripps (E W) deb 5Ms 1943 F&A Scullin Steel 1st 6s 1941 A&O 1st conv 3-6s 1951 ---A&O 102 % . 102" 86 Securities Accept Corp 1940----J&J f 1947—J&D Stevens & Thompson Pap 6s 1942 Stillwater Worsted Mills— Deb 5 Ms A 1943 F&A Stinnes (Hugo) Corp— Stern Brothers 6s s 105M a II* 102 M 102 M 17 Term Refrig Roch & Pitts O & Housing 6Ms 102M 102 M 40 105 Tenn 96 (Chi) 6s *44-M&N I 5s 1946-M&N Rocky Mtn Fuel 5s 1943-—v A&O Rolland Pap 1st 5M® A 48—J&D Rolls Royce of Amer 7s 1937 M&S Roman Catholic Church 6 Ms 1946 Rom Cath Church Welfare 7s 1946 Ruberoid 4% 3-yr notes '40-J&D Rueping (F) Leather 6s '40--A&O Ruhr Chemical 6s 1948——A&O Corporation— Secured cum inc 3-5s Apr 1950- Strawbridge & Clothier— 1st s f 5s 1948 Struthers Wells Titusville— 93 107 102 Warner-Quinlan Oo 6s 1939-M&S Warner Sugar Corp 7s 1939-J&J Warren Bros Co— Conv s f deb 6s 1941 M&S 5 Ms notes 1937 M&S Warren (S D) Co— 1st mtges i4Mb 1952 M&N Conv deb 4 Ms 1952 M&N Webster C&C 1st g 5s '42 op M&S West Disinfecting 6s 1940—J&J West Indies Sugar 6s 1947--A&O 105 M Starrett Tenn 103 Roberts & Oake Ruhr 2% 1944 J&J 2M% 1945--. J&J 2M% 1946— J&J 2M% 1947 --J&J Stand Textile Prod 6 Ms '42 M&S Sugar Pine Lumber Co— 1st M serial 6s 1932-1942-M&S 104 M 38 104 H 102 M 102 102 M Sugar Estates of Oriente— 1st 7s 1942 ctfs of dep 10 104 33 Wkk 6Ms *45 J&J 94 100 M 105 101M 2d ^ 40 104M 1943—J&J . 98 Remington Rand inc— 20-yr deb 4 M» w w 1956.. 4 Ms without warr'te 1956 Richm'd Cedar 1953—-—J&J Steel Co of Can 6s 105 98 & W— J&D Q-Jan Walworth Co 6s s f deb 1955-A&O 20-yr 1st mtge 4s 1955 A&O Warner Bros Pict 6s 1939 M&S Certificates of deposit Warner Co 1st 6s 1944.. ...A&O 17 - 6s 40 J&D 1946--F&A Stanly-Rowl-Clark 6s 1946--F&A 78" 15 37 35 '49_M&S Walton Lumber 1st 6 Ms '41 Stanley Co (Camden) Stanley Crandall 6s Part Cum income 4s A&O 1955—M&N Ohalf't & Co 1st 5s '48 J&J 15-yr 2 Ms deb Radio- Realty Bond & Mtge deb 3-6s Red Riv Lumber 5 Ma 1938-fc Co— 1950 13 M 13 M 100 6 Vulcanite Portland Cement— Springfield Ice 7s 1944-—--J&D Square D Oo deb 5s A 1945—F&A Staley (A E) 1st mtge 4s '46-F&A Standard Ice 1st 6s 1947 F&A Stand Oil (N J) deb 3s '61—J&D 21M Kelth-Orpheum Corp— paid ctfs (for 6% deb and common stock) 65% paid—76" Debentur* gold 6s 1941. J& 90 Midwest Corp ref 6s 1940.M& Railway Express Agency Inc— 103 Series 5s 1939-'49 (s-a)__M&S Railway W'house 4-6s (w-e) 47- / 20 Va Iron Coal & Coke 5s ^ S'west Lumb Mills 5s 100 -M&N lets i5sl953 s Serial notes 1M% 97 .. 86" 83 1946—J&D Dairy Products— Conv income 5s 1944 — 85 / „ 71 Southwest 99 Paper Ltd 5M» 1947--M&N 5s 1948-——J&J Quiker City Cold Storage— 60 Waltham W'tch & Cl'k 6s '43 100 7s 1946 99 h 95 1st 7 Ms 1943 M&N Wabasso Cot'n 3M-4MS *51 F&A 46 1st 4s w 1st 3s 1940 M&S 1st 3 Ms 1941-43 M&S 1st 5s 1957 M&S 2d conv deb 4s 1957—-—M&S 19 jrtientes-Camaguey Sugar— 1st coll conv 5s 1951A&O VertienteB Sugar 1st 7s I942.J&D Certificates of deposit Yiau Biscuit Corp 6 Ms '46—J&J Vicana Sugar Co 6s 1V>55 J&J Victor Amer Fuel 6s 1940 F&A Victor Fuel 1st. s f g 5s 1953—J&J 91M Spang Purity Bakeries 80 23" 84" Prov 106M 78 England Ice—lstsf 4Mb 1967A&O 81 1st Income 6s 1958 .J&D Protestant Church of Germany— 55 Mills— Southern United Ice Cold Storage— 95 104 Valvoline Oil ext 5s Southern New *51--J&J Produce Term & 45 1947—M&N Vanadium Corp of Amer— Conv deb 5s 1941 A&O Van Camp's Inc 1st 6s 1943—J&J Van Dorn Iron Wks 7s June 11942 102 M 90 M 53 98 Universal Sewer Pipe 6s 1943 .J&J Utilities Elkhorn Oeal «s 1948 T&J 20 f 6s 1947 1st leasehold 4 Ms 57 97 102 Typewr rs Southern Kraft Corp— 44 M Pressed Steel Oar Co 5s Price Bros & Oo Ltd— 48 M 100 Ltd Improvement 1st 5s *41- s Southern SRK 80 48 M 48 M J&D J&D / J&J 71 53 50 A 1951 O 1951 6 Ms series A 1947 United Stockyards Corp— 100 94 Potrero Sug 7s stmp 1947..M&N Pratt Cons Coal 1st s f 5s 55 J&J 103 H 6 Ms series 6 Ms series 15-yr coll tr 4Mb A ww *51 A&O United Wall Paper Fac 6s 1047_ _ 1st gtd 1st gtd 55" - 60 104 J&D 82 53 92 7s 1940 J&D 6Ms 1940—--J&D Sou Ice & Util conv 6s 1946-F&A Southern Ice Co— 1st & ref 8-5s 1942 A&O 1st 46 M Print & Litho 6s 1950-A&O U S Steel Corp 3 M« debs '48 J&D United Steel Works (Germany/— 100 99 5 117 F&A 97 H 106 M 44 M 53 50 95 M Socony-Vacuum Oil 3 Ms 50.A&O South Coast Corp— Gen mtge inc 6s April 1950— Southern Advance Bag & Paper— Southern Brighton 96 83 M 97 103 98 M&N U 8 Radiator Corp— conv deb s f 5s 1946 103 M 95 Deb 2%to 4 M % to 1946-—J&J Smith & Wesson 5 Ms 1948—J&J 97 43 42 ——J&J stamped 1942 Port Royal Pulp & Paper— 5s to 1941 —---—M&S Potomac Bond Corp 2-5s 1953- — Potomac Cons Deb Corp 3-6s 53. Potomac Deb Corp 3-6s 1953— — Potomac Franklin Deb 3-6s 1953Potomac Md Deb Corp 3-6s 1953 Potomac Realty Atl Deb Corp— 6s U S Pipe & Foundry Co— Conv deb 3 Ms 1946 100 M 85 U S 70 —-J&D 1st 4 Ms 1951 Smith (L C) & Corona 107 M 104 (Howard) Paper Mills Smith 82" 79 Simpsons Ltd— 1st & coll 4 Ms A 1951 J&J Skelly Oil deb 4s 1951— J&J Slattery Oo 1st 6 Ms '45—--M&N 106 106 102 M City)— 1946-F&A 1949..F&A Finishing 5s 1944 J&J 1st sink fund ser B U S Signal Oil & Gas— Oonv 6Ms A 1945--—-M&N Signode Steel Strap 3Ms 45-A&O Sllesian-Am Corp 7s 1941 — -F&A Silverw'd Dairies 5s '41 to 51 J&J Simmons Co Conv deb 4s 52A&O 26 63 M 99 M Storage(Ohg)6s'45-J &J U S Cold Storage (Kan 1st sink fund 6s ser A 73 100 J&J 1940 7s 113"" 112M Oonsol Collieries— 103 M 1st gold 5s 1957 op—- — -J&J 95 Poor & Oo s f deb 4s 1946....A&O 81 Portld Woolen Mills 6 Ms'41 M&N / Porto Rican Amor Tobacco—■ 3-6s 1953 104 M , Pocahontas Conv 6s 1942— 1951—-M&S 15-year 3 Ms debs P,fetau<SbwItte¥6.t«?45:pS 1948- ..—F&A Pitts Steel s f 6s 104 M U S Cold 6M 88 M s 26 United Industrial 1st 6s 1945-J&D Deb 6 Ms 1941 M&N United securities Ltd 5 Ms 1952 .. 41M f 3-4s 1961...—J&J Pennsylvania-Dixie Cement Corp 1st m s f 6s 1941 ser A-M&S15 Pennsylvania Glass Sand Corp—1st s f 4 Ms 1960 —J&D Pettibone Mulllken— ,,-o 6s ww 1943.---.M&S / / 6% notes w w 1938——-M&S Phelps Dodge 3M» 1952---J&D / Phila & Read O & I 5s 1973. Conv deb 6s 1949- — --—M&S f Phillips Elec Works 5s 1953.F&A Phillips Petr 3s conv deb '48-M&S Phoenix Iron Istsf 6s 1946-M&N Phoenix Silk Mfg 7s 1943-_F&A / Pickering Lumber 6s A 46- -M&N / / Pierce Butler & Pierce 6 Ms *42 Pine Hill Collieries 1st 6s *42 A&O / PireJi Co of Italy con 7s 52 M&N Pitts* Brewing 6s Feb 4_ 49—J&J Pittsburgh Coal deb 6s *49—F&A Pittsburgh Coke & Iron Oo— Secured Corp 5s 1948----; Servel Bid Bonds 107 J&J J&J 7s 1933 ^teneca Copper 90 6s 1941-56 _.J& J Penn Mercantile Properties— end income end defaulted bonds month preceding the date of issue Ask Bid Bonds Ask Bid Bonds 83 MISCELLANEOUS BONDS & 98 108 M fi* 95 98 71 72M 91M 93 93 95 8,000 2,500 "600 3,300 1,250 1,800 "650 3",500 l"200 "600 300 200 3,000 83 k Last sale, n Nominal, r Canadian price, s Sale price, -'V v 80 Quotations for all securities are as near as possible for the closing day of the month Stocks Par Stocks Ask Bid Par Bid Per Per share Drayton Mills....20 5 Dunean Mills....20 TEXTILE 8TOCKS 27 109 7% preferred—100 1937564 Ask Northern Mills Preferred. ...100 Berkshire Fine . 10X 51 5c 85 26)4 28 10 +m' — Fairforest Finish Co Serial notes Flint Mfg Co —10 * 5 * * 30 7% preferred Bigelow-Sanford Carpet common.* 7% preferred Florence Mills—.100 7% preferred—100 Fulton Bag A Cotton 37 Preferred 100 Border City Mfg 100 Bourne Mills * ox 35 80 10 23?* 24 mmrnt 8)4 ' Preferred 100 Dexdale HosieryPreferred. ..—100 Gossett Mills Prior preferred.25 3% 3.. General Cotton .* Gosnold M (N B)..* 100 70 67 X mrnmmm 12 .. 7% preferred.. 100 20 14 Hanover Hathaway Mfg. .100 47)4 52)4 Kilburn M (N B)_75 Luther Mfg 100 Martel Mills-. 1 Preferred-... 8.50 20 16 24 6% preferred— Mohawk Carpet. .20 Mt V-Woodb Mills 17% I§" (Baltimore) ...100 IX Preferred.—100 Nashawena M * Nashua M (N H) 100 Preferred. .—100 2nd preferred 1 30 4% 4% preferred.— IX 5)4 $3 prior pref— Highland Pk Mfg 20 6% preferred..... Imperial Yarn Units Mills pref ... 29 9 <3$ Nonquitt M (N B)_* 26 7 17 Inman Mills Preferred Judson Mills A pf100 Preferred B 100 19 King (J P) Mfg..100 Pacific Mills—. 13 13?* * Patchogue Plymouth Mills S3 cum pf. 1 Pepperell Mfg 100 Pierce Mfg 100 Pilgrim Mills 100 Plymouth Cord—100 7X 5?* Powdrell A Alexander common .——.5 ich Borden Mfg §uissett Mills 100 Co (F R) Saco Lowell Common 71"" 74 1 23 101 4X 3 - 103" May Hosiery..... $4 preferred Mills Mill pref—100 4)4 12 32 8 105 95 85 10 20 40 57 62 73 75 80 40 ....... Preferred A....20 Preferred B 20 8 13 13 9 15 15 31 Sagamore Mfg 100 Sanford Mills 27 32 Musgrove Cotton... 20* 1 25 36 Chief Consol Min. .1 Chile Copper —25 37 45 102 63 Clear Creek Cons— Common 10c Consol Copper Cons Min A Smelt .5 JX 26 58 Copper Canyon. 10c Copper Range * Cornucopia Gold.5c Oresson Consolidated 70* 10 Gold Min AM—1 Oust Mexicans 50c Dome Mines Ltd. Norris Cot Mills Orr Cot Mills... 100 40 45" 84 88 67 88 65 Zinc, Inc Federal Mining A 100 7% preferred—100 Perfection Spinning. Pickens Mfg..... Piedmont Mfg 20 i (F W) Mfg.. 100 alias Mills 7% pf Eagle Pkh Lead-. 10 Evans Wall Lead— 7 % preferred. .100 45 63 84 58 110 7% preferred--100 2 4 98 7 % preferred—100 Anderson Cotton Mills ..100 Appleton Co * Preferred .100 Arcade Cotton Mills— 25 Avondale Mills 1 Beaumont Mfg..... d* Callaway Mills....* Cannon Mills.....* OhadwiCk-Hoskins Co 10 6% preferred. .100 China Grove Cot Chlquola Mfg....20 6% preferred.—.. Clifton Mfg (SC) TOO Columbus Mfg (Ga) Common 50 88" 43 92 20 7H 48 85 25 86 13?* 40 17 32)4 7 78 63 92" 98 49 55 Dallas Mfg 13) 1) 6% preferred-.100 Rowan Cotton Mills Saxon Mills.. 50 Smyre (A M) Mfg 10 7% preferred Southern Bleachery A Print Wks Preferred Southern Franklin Process „ 95 100 6 52 90 30 4 82" .100 (AlaTlOO Riverside A Dan Riv Common 25 25 Climax Spinning. .50 Converse (D E).100 Orescent Spinning.. Darl'gton Mfg(SO) 5 52 101 7% preferred... Belton Mills (SO) .25 Preferred. Bibb Mfg.. 100 .Brandon Corp A.100 Class B_. * 7 % preferred—100 itarlington Mills... 1 -Calhoun Mills—50 4 20 35 10 81 67 25 96 104 55 60 85 42 16 33c 23 15?* m 25 19 23 Goldfleld Consol Mines 101 com. 7% preferredlOO Southern Weaving.* 60 T 93 IX IW 79 100 w Preferred 4 10 A 78 Startex Mills 20 Sterling Spinning. Stowe Spinning Textiles Inc com. .10 Class A pref 100 Class B pref .50 Union-Buffalo Mills Common 10 1st 7% pref...100 2d 5% pref 100 Victor-Monagh'n 100 7% preferred..100 Victory Yarn Mills— 1st M 6s Jan 1941 Wallace Mfg Co Ware Shoals Mfg 100 7 % "preferred. .100 Washington MillslOO Wellington Mills..* Preferred 100 West Point Mfg..20 Winget Yarn Mills Mtge 6s Wiscassett Mills Woodside Cotton.20 ...... ■■i > # : 100 .... -_* Inspiration Cons Copper 20 Internatl Mining..! „ 16 50 115 17 43* 35 Yukon Pacific""""" Mining Co 5 35 REAL ESTATE TR A LAND STOCKS 39k Bdof TrBldTr.100 Bos Gr'd R'T Tr 100 Bos R E T(Bos).100 Bos Stor W'h'se.lOO 1 JP* 60 20c SH IX 6c 10c 32 73 15 34 115 78 41 19 48 78 122 40 10 5 78 /Flat price. X 6)4 82 47 47 X 14X 33)4 8)4 14 Ys 8X 19)4 6 ~2X 44* 30? 1?4 1?* 50)4 92c 7?* X 35 X »§2?a Copper OolO 25c 51 11 Preferred .100 N Y A Honduras Rosario 10 k Last sale. n Nominal. r a a _.— a .... IX 54c 3 _ Guar A Trust 20 OX MISCELLANEOUS Abbott 4H% 70c 60 119 16 Lab'torles.* pfd 100 Abbotts' Dairy .* Abercrombie A Fitch conv Common _ 8 65 1 16 preferred ...75 51X 11X 2X 58c 15 Abitibi Pow A Pap_* 6% preferred .100 7 % preferred—100 Abraham A Straus * 2?8 30 35 46 Acme Steel. 25 Acme Wire v t c..20 28)4 8)4 10?* Adams (J D) Mfg..* Adams Express .* Adams Millis... ._* Adams Oil A Gas.* Addressograph Multigraph Corp 10 Advance Aluminum 21 9)4 27)4 Castings com 5 Advance Rumely * Aeolian Co— 6% preferred A.50 Aero Supply Mfg— ' ■ 22 Class B * 5% Aetna Ball Bear—.1 OX Aetna Brewery Aetna Rubber. Preferred 100 Aetna Stand Engine* Agfa Ansco...._..l 58 77)4 79)4 55" 7 59 25)4 27 Canadian price. 2)4 2 ?4 4)4 Class A 2 ox 12 X Aberfoyle Mfg.. 100 Mayflower-Old ♦Colony Copper.25 Mother Load Ooali'n Mines ...» Mt City Copper..5c National Tunnel and Mines com..* New Jersey Zinc 25 Newmont Mining-10 New Riv< r Co 100 a A B Stove.——...* 2 Miami 9)4 .... DEPOSIT STKS. of New York 21X 10 Copper....5 Mining Corp of Canada........* a INDUSTRIAL AND . MclntyrePorcuplneS 112 3 3 450 14 W* Lucky Tiger Comb Gold Mining 100 a Title 9 00 Ys 49 OX 32 16 5 10 a a EmpireTitle AGulOO Home Title Ins (NY) % Lawyers* M Co 20 OX Lawyers Title & Guaranty.... 100 Natl Surety Co.. 10 46 8% 14)4 33 X 28 a a _ 35 18 Bankers Bond A Mortgage Guar..* Bond A M Guar. .20 39 37 ....... Pay" accrued dividend. X 97 *36 20 TITLE GUAR ANTES A SAFE 115 Kennecott Copper.* Kildun Mining..—1 King David Min.50c Kirkland LakeGold 1 Lane Rincon Minesl Lake Sh Mines Ltd 1 Lava Cap Gold Mini Louisiana L'd A Ex 1 70' 82 130 4)4 3)4 X 105 Isle Royale Cop 25 Jardine Mining....1 66 18" 11?* ... . 65 90 106 7 2)4 17 City RET (O)—500 Congress St Associ¬ ates (Boston).100 Factory Bldg Tr.100 Fifty Associates ( Hotel Tr (Boston) Kimball Bldg Tr 100 5X IX 65c 31)4 11)4 7 a a a Boston Wharf...100 Cent BldgTr 100 Chic R E Trus's. 100 61' 30c 60c Warrants.. Island Creek Ooal.l $6 preferred1 h 60 8 .10 IX 8)4 X 12X Smelting.....* Illinois Zinc 4 99 Southern Worsted— 7% preferred-. 100 Spartan Mills 100 Copper Co Howe Sound Co—.5 Hudson Bay Min 10 13 63 Wright Hargreaves^ 40 1 Hecla Mining...25c Hollinger Mines 5 Homestake Mines common 73 8 2 % Tonopah Mining.. 1 Union Copper Land A Mining 25 43c United Verde Ext50c Utah Copper Co 10 24 Utah Metal A Tun.l Walker Mining 1 10 X White Knob Copper _ Power common. .5 Greene Cananea 100 7 44$ IX 74 45)4 Granby Cons MSA 70 11 "7)4 9)4 m 1 IX 1 Smelting com..10 7% preferredlOO Golden Cycle OorplO 120 28 Riverdale Mills— 93 6c E vans-Waliower 7% preferred 33 5 * Copper Corp 85 Southern Mills Abberille'Milla Vi Ye 48" 4)4 Acme Spinning..... Alabama Mills * Amer Yarn A Proc— 7X 17 78 ~ 32 7H 15 50 Nat Yarn Mills 2 Antelope Min Seneca Central Am Mines. 1 24 54 85 3 3)4 St Joseph Lead...10 Copper 1 Shattuck Denn 5 Silver King Coal 5 So Am Gold A Plat.l Stand Silver-Lead .1 Sunshine Mining.lOc 10 38 Newberry O M—100 Pacolet Mfg Mills common... Preferred Boole Mill (NB). 100 Utica & Mohawk Cotton Mills—100 Wamsotta M 100 m Cerro de Pasco 97 11 2)2 Ltd Amer shares.. 34)* 30 40 2X Carnegie Metals.—1 23 32" 10X 2X IX 25 St Anth Gold M 34)4 3 42 36 Saratoga Victory 100 60 50 45 2X 6 3 8c 5c Zinc ing, Ltd 5 Bunker Hill 6 Sull'n M & C2)4 Butte Cop A Z Oo.o Butte A Sup 10 Callahan Zino-Lead Co 1 Calumet A Hecla 5 78 25 ok* 81 2] Roan Black Hawk ^ Consol Mines—1 Bulolo Gold Dredg¬ 9 45 95 105 Austin Silver Min—1 98 95 20 2|* Pioneer Gold Ltd—1 Polaris Mining..25c Pond Creek AnacondaCopMin 50 Andes Copper M.20 Ariz Comstock 1 110 16* Amer shs ctfe—10 105 105 30 9)4 13c 35c Quincy 10 Lead A Smelting..— -1 $5 prior conv pf 25 Amer 20 37 10c 30c Pocahontas * Premier Gold M...1 Bagdad Copper...5 6 105 Admiralty Alaska 9)4 44c . Mining 17 Monarch Mills.. 100 Mooresvllle Cotton Shops (F R) Bleachery & Dye Works com 10 Laurens O M 100 Limestone Cot Mills Linford Mills. Majestic Mfg Marion Mfg Co Marlboro O Mills..4 12 Gold Mining -1 Alaska Juneau Gold Lanett H . 130 STOCKS 40 8 Industrial Cotton 3 40 44 / 100 /100 / 100 / 100 88 36 40 102 42c Enterprise— — MINING zl* Mills— Hartsville Cot Mills. Henrietta Mills— X 4 .... Hamrick Mills..... Hanes (F H) Knit. 5 X 10 5 35 Granteville Mfg..20 Grendel MillsPreferred ......20 9)4 8)4 100 30 Glenwood Mills .100 7X 100 50 10 65 Atlantic Mutual— 42 7)4 101 MARINE INSUR¬ ANCE SCRIP 10 98 41 37 Gainesville Cot Mills \ 19 —* Gaffney Mfg Oonv pref., — 96" ' Brighton Mills— Preferred.. Mills. «.--- 7 70 100 81$ Noranda Mines...* North Butte 2.50 Ohio Copper of Utah Old Dominion Oo.25 Oklahoma Interstate Mining Com..25c Preferred Oriental Consol Mining 10 Pacific Tin special. * Park-Utah— Consol Mines. .1 Patino Mines A 8 69 Ask Per share 142 Montreal CottonsPreferred 100 Penmans Ltd com.* Preferred —100 Wabasso Cotton...* It* Bid Par Nipissing Mines...5 7 Domin Text Ltd—* Preferred 100 11* 97 94 Stocks Ask Per share Can Converters. 100 Can Cottons Ltd 100 Preferred 100 108 Erwin Cotton 84 Spinning Co * 20 12 44 17 60" 6% preferred Draper Corp Farr Alpaca 28 10 38 6% preferred.. 100 imm 14)4 6% preferred—100 Dwight Mfg 12% Eagle Yarn........ Easley Cotton Mills 7% preferred— Efird Mfg.—... 100 98 Bid Canadian Mills 7 29 Durham Hosiery— Algonquin Print. 100 American Mfg..100 Preferred.....100 Amoskeag Mfg * Arlington Mills.. 100 Barnard Mfg...100 Beacon Mfg 100 Par Stocks share preceding the date of issue 5c .1 ..* X 30 5X 30X Agnew-Surpass— Shoe com * r Preferred... 100 Alnsworth Mfgj 5 r Air Associates.....1 Air Devices Corp..! t New stock. 9)4 110 6 !0X x Ex-dividend. industrial dec., 1938] Quotations for all securities are as near 63% Air Reduc'n com..* Air-Way Electric Appliance 1% * _ Amer 55 Alberene Stone of Va 100 Allied Chem Dye * Allied Kid Co com .5 Allied Laboratories * Allied Mills Inc. * — Allied Paper Mills.1 Allied Prod (Mich)— CI A conv com. 25 Common * All Metal Products 2 Alloy Cast Steel-.-* Alpha Portl Cem—* Aluminum Co corn.* Am 150 723* 342* 8% 15% Warrants 86 Am Vitrified Prod.* 100 100 2 Properties.. 292* 100 12 12* * 3 20 52 6% 1st pref 100 Cyanamid A. 10 Class B 5% preferred—10 Amer Distilling pf 10 Amer Dist Teleg * 7% preferred--100 Amer Encaustic —1 42* * 343* Amer Equities Co. 1 Amer Export Lines— 43* 363* 33* Tiling Co American Enka . 180 12 11 57 Amer Forging and Socket com * Amer Fork & Hoe—* Preferred 100 61 62* 102* 105 102 13* 73* 13* 43* Preferred •_ 50 Am Furniture 1 Am Hair & Felt—.* 44 50 74 512* 163* 112* 523* 183* 123* 2% 4% 10% 40 7% preferred-.100 r (Can) Assoc Brew 2 93* .* Corp Asbestos Mfg com.l Ashland Oil & Ref.l 7% preferred--100 Assoc Dry 16 r G'ds—1 10% 58% 57% 8% preferred.-100 93 9? Amer Hardware..25 Am-Hawaiian SS.10 Am Hide & Leath 1 28 293* 133* 42* 1.4 2* 6% preferred—50 30 31 Atl Coast Fisheries 44 Atlantic Co com...* 3 Amer Ice Co "l% * 6% non-cumpflOO Amer I G Chem A.* Amer Insulator Old preferred-.50 $1.50 prior pref. 10 10 133* 1% 14 101 98 53* 52* 55 28 29" * k $3 preferred $6 preferred 100 Atl Gulf & Wind SS Lines * 5% non-cum pflOO Atlantic Refining.25 4% conv pref. 100 13 Bliss (E W) Common 7% 12 6% 22% 109% conv Without par value ft Last tale n Nominal, r Canadian price. * Ex-dividend, 100 -* preferred- -100 * * Bullard Co 12 163* 30 1 8 i 10 4% 52% 2 12 18 73% 733* 173* ■dig 113 2% 75 13 15% 33 4% 13* 5 10 * Preferred 25 Burd Piston Ring—1 Burdines Inc 1 Preferred * Burma Corp Ltd— Am dep receiptsBurns Bros com.- * Burroughs Adding Machine * Biscuit_12 3*c Bush Term Co com 1 7% debenture. 100 Bush Term Bldgs— 7% pref ctfs.-100 10 Butlnr Bros 5% conv pref. _30 Butterick Publis—* Preferred 50 By era (A M) com. _* 7% part pref-.100 Byers Machine * Byllesby class A—..* 3 6 * * Class B Preferred 1 143* 153* Byrndum Corp ayroij Jackson 73* 223* * 8% 22% Cable El Pr v t C—* 443* 163* * * 49% 17% 12 123* 183* 163* 25 25 20 t New stock. Oalamba 32* 273* 183* 102* 96 143* 43* 11* 75 A 28 1 193* 11 101 25 112* 63* 463* 43* 12 63* 462* 42* 105 213* 333* 83* 23" 343* 18 * 10 3 53* 30 23* 1 183* 22* 23* 93* 122* 72* 213* 3* 22* 123* 343* 334 3* 3* 23* M 42 m 183* 3 23* 13 73* 22 3* 123* 43 4 2* 33* 3 173* % h Sugar Estates 8 --1 pf _ 13 22* 62* Burco Tnc com Co- 5% conv pf 7% 53 \ • _ 33* 233* 7 % preferred. Budd Wheel Burry -100 $3 Preferred Blaw-Knox Co common.* 202* 3% 51% Blauner's com 67 Class A Watch Bunte Bros com s* * 11 6% 10% 21% 108% Buda Co com—100 Limestone 63 Co._5 pref.-100 Bucyrus-Erie 103* 73* - 36 70 preferred—_* 7% cum 54 63* 23 133* * Collender Buckeye Pipe L__50 Buckeye Steel Oast * Bucyrus-Monighan 85 preferred-.100 Fdy & Mach com Black&Decker Mfg Bruce (E L) Co 5 Bruck Silk Mills—» Brunswick-Balke- 27 M — 4 12 14 6 Cement com—* 9% 9% % % % Nov 25 5% 4% "5% 3% 3% 73* 2 22* 63* 333* — Rubber..—1 11 Billings & Spen—25 Bing & Bing 5 Binks Mfg 1 Bird & Son Birdsboro Steel ord registered _..£1 Assoc Laundries * 120 282* 72* Purchase warrants Am dep rets Distillery $5 93* 2ll 20 * pref 9* Forman 203* 523* Hedges- .* pref * 7 ^preferred. 63* Bulova Borland Shoe St—* Assoc El Indus Ltd 13 433* 22* 222* B/G Foods Inc * 7% preferred--100 Bickfords Inc * $2.50 preferred. _ * 62 Rayon.* Wheel 4 52 Berghoff Brewing—1 Berkey & Gay Fur¬ niture common.-1 II 36 Athey Truss 51 * * 72% 70 13* Budd (E G) Mfg..* 5% preferred—20 113* 43* 72* 112* 263* 103* 63* Beth Fdy & Mach_* Preferred 50 Beth Steel (Del)--* 58 V t c common 116 Benson & Bessemer 53* 42* 43* 10 1% 5% 163* 33 Amer Home Prod—1 Amer Hosiery..-.25 16 20 1st preferred—100 Associated 30 Best & Co 2d preferred. .100 Amer Hard Rubb_50 13* 13 20 Brown Shoe 99 15 5 Preferred 113 6% 1st pref-—100 7% 2d pref.-.100 53* Brown preferred--100 Loan common 7% 73* 3* common. 55 ..1 Bellanca Aircraft.. 1 Belmont Radio * Belt RR & Stk Yds Common.. 50 Preferred 50 Bender Body com__5 Bendix Aviation—5 Beneficial Industrial 21 6% 19% 1% 4% 7 100 common— 6% pf-100 Brown Durrell * Brown Fence & Wire 172* 23* 45 Bell Aircraft 77% 20 Art Metal Works..5 % Brown Co Brown preferred..100 7% 233* 10s Brockway Motor Truck old com—* 173* 13* 953* 2* Cream.-25 Belden Mfg com.. 8 72 114 2d 40c * Artloom Corp 193* 1st 42 20c Elec.10 Arrowhead Petrol--1 99 common..25 Conv 23 British Celanese Ltd Class A $5 preferred w w_* Bearings Co (Am).* 3% 5% 10% 212* 212* 233* 232* * * Registered Brit-Amer Tob reg£l 15 Beneficial Loan Soc * Equipt Corp—1 Arundel 63* 92* Am Fruit Growers.* 53* 43 Art Metal Constr.10 9 * 100 common Preferred 53* 103 153* 113 Warrants Arrow H art- 93* 9 167 Amer Felt Aro He geman 1 Amer Express 100 Am Fabrics, pref 100 Common 1023* 7% guar pref. .100 Armour & Co (111) Common 5 $6 conv pr pref. * 7% preferred—100 Armstrong Cork—* Armstrong Rubb A* Arnold. Constable.5 Arnold Print Works Common -.__* 5% preferred 30 _ 10 72* 183* Belding Hem'way. _ * 42* 93* 42 202* 202* Amer dep rets. 7 97 "4 8 39 412* 112* Ltd- Warrants % 43* 37 Brit-Amer Oil Ordinary bearer £1 7 143* 33* 273* 5 —25 5 Bristol Brass Bristol-Myers New 22* 262* 1212* pref. 10 723* Preferred ,* Armour & Co of Del 69 * 92* $13* conv pref_20 Beech Aircraft 1 Beech-Nut Pack.-20 7% preferred-.100 Arcturus Rad Tube 1 31 Brinks, Inc—..—25 * 4 Beaunit Mills Inc. 10 100 Am 23* 113* 22* 31 102* 293* preferred. _ 100 Coupon it* 2* 32* 27 7% Brillo Mfg Class A 9 8 Argo Oil 2b 33* B 3 10 Preferred Ark Fuel Oil 55 1 103* 23* Archer-Dan-Midl'd * * Mfg Beatrice 73* * Class 14 122* Beaton & Cadwell 33* 13 Brill Corp class A--* Class B * 19 * r 6 100 Commercial Alcohol com 20 Am Crystal Sugar 10 12* 63* 102* 133* 73* 353* Briggs & Stratton..* * r A 7 A P W Paper preferred—100 302* 383* d* 8 72* * Briggs Mfg 73* 1 .* Cigar Co 5% Amer Nov 22 30 8 4 Optical com 10 5% preferred—100 Bayuk Cigars * 7% 1st pref 100 35 33 1 Corp Apponaug Co Amer Coal (N J)—25 Amer Color type.. 10 80 Bausch & Lomb 17% 110% Sugar—100 Apex Elec Mfg * Applied Arts 1 Appollo Steel 10 Amer Cigarette & & Paper Class B 54 * Antilla Chicle Bridgeport Brass._* Bridgeport Mach..* Preferred 100 k Bathurst Power Andian Nat Corp..* Angostura-WupperAnheuser Busch 5% preferred--100 Amer 103* 25c 33 Refining-1 Bath Iron Wks Anchor Post Fence mann Preferred 100 Amer Centrifugal—1 Am Chain & Cable.* 6 183* 63* 10c 50 43* 173* 63* 32 $63* conv pref..* 7% preferred--100 Amer Carmel Brewing Co of Am_3 Brewster Aeronaut'i 1 73* 173* 12* 113* Bastian-Blessing * Bates Mfg 100 5% 2l" 15 12* 113* 332* 82* 172* Bartgis Bros com._l 6% conv pref. .25 Basic Dolomite 1 37 _ Co common Am Car & Fdy preferred-.100 1st 13* pref Barnsdall ,3% 4 Anchor Hocking Glass common..* Canadian —— 1 * 53*% 77 * H 18% Barlow & Seelig cl A5 Barnsdall Oil 5 9 Am Woolen Co 99 % 175 173* Bright Star Elec— * com Barker 27 * 18 100 Bros Steel 4* * 7 % preferred- -100 Amer Wringer * 463* 17 15 * com Brager Eisenberg—1 Breeze Corp 1 13" Bardstown Distill--1 Barium Stainless 4 Preferred 135 7% preferred--100 Amer 1* & Sons* Service cl A 7% 16% & Cable com 25 1 Asphalt 10 Barber (W H) Co..1 Type Found. .10 7% preferred. .100 American shares. pf-100 Brach (E J) & Sons * Bradley Knitting— 50 Barber 147% 6 %preferred-_ 100 Transformer. 10 Am 57 * conv 21 99 17H 3 2% 19 Casket . Baldwin Rubber Anaconda Wire 53*% 173* preferred-.100 preferred * Boyertown Burial 25 2% 12% 7% pref old—100 7% pref new...30 3% Amer Bosch Corp—1 Amer Box Board—1 A.Brake Sh & Fdy— Common 97 22 84 Amer Writing Pap_* Amsterdam Trading American Can ,VA 17 * 1st slH 57 Common 5 33 40 19% IN American Book. .100 ; 80 50 Class A 10 3* 30 class A Common Bankers Industrial— 36 88 Bondhold¬ 65 Bow-Bilt "% 38 23% 5 263* 2d 100 103 23* 25 323* 7% 6* rrererred 100 Baldwin Duckw'th.* Baldw Loco Wks * V t c for com...13 10 B'r'g--5 ers Balaban & Katz.-25 32 % 3* 1% 43* Bower Roll 20 * 115 110 5 Bowm Bilt Hotels— 32 7 Backstay Welt....* Badger Paper * 140 203* 31 19 100 Babcock & Wilcox.* 1423* 162* 19% Preferred d* 18 Preferred 163* Bourjois, Inc * $2.75 cum pref..* 90 Amer Wind Glass— Am Beverage Corp.l 7% preferred d" Preferred 60 1 Preferred 46 100 1 Baird Telev pref Baker Chemical Corp—* Woven Hose Rubber com..* Preferred 100 Mills A 10 Class B 123* 17% 31% 103* 123* 173* 313* 83* Botany Worsted 23* 73* Warrants tation Corp 5 173* 20 Aviation Corp(Del)3 Aviation & Transpor¬ 52 % 1383* Am 21 Bemberg com.* Preferred 163* 162 50 Boston 6 16 104 Boston Herald 6 133* 6 % prer w w—25 Pref ex-warr.25 26 Preferred * 25 com Avery (B F) & Sons 5 32 Amer Thermos A__* 1 Class B 2% A 25% 253* Borg-Warner Corp .5 Borne Scrymser.-25 8 24 103 49 B Traveler pref 25 conv Class Amer Thread pref. 5 Am Tobacco com.25 Common B 25 6% preferred—100 Am Bank Note—10 6% preferred...50 213* $1.50 Bancroft (J) Preferred Amer Television Am Bakeries pref 100 Class A * 193* 4% 43* Automobile Banking 40% % 42* 19% Am Sumatra Tob—* Amer Air Lines...10 American Arch * % Axton-Fish Tob A 10 7% preferred. .100 6% conv pref—50 Amalg Sugar 1 5% preferred-—10 Amarel Corp 100 Amerada Corp * Amer Agric Chem_* % 16% Amer Sugar Ref.100 * Amal Leather Stove American 6% preferred-.100 72* 9% 21% 71% * * American Stores Alum Goods Mfg--* Aluminum Indus..* Aluminum Ltd 16% 6% non-cum pflOO * pref 3 24 18 -_* Bond Stores com.-l Borden Co 15 13* 1 56 154 Amer Steamship. 100 Am Steel F'dries—* Altorfer Bros Conv 12* 53 Snuff. .25 American 12* 4 21 Bon Ami com A—* Common 32% 3 Bohn Alum & Br.-5 5 n* 2 * Amer Ship Build--* Am Smelt & Refg—* 7% preferred.-100 6 50 323* Bohack (H C) com.* 1st preferred--100 Bohack Realty pflOO 16 Automatic Washer— Common. 3 5 7% Boeing Airplane—5 5 5 ment common Automatic Prod 5 7% preferred-.100 223* 82* 18 47 73* Automatic Refrig.10 Automat Vot Mach * 4 Amer Seal-Kap Amer Seating 5% preferred—100 AUis-Chalmers Mfg 25 4 American Seal cone-5 10 Common Alarm common.25 Bloomingdale Bros.* Blumenthal (S) com* 8 43* 42* 13 Automatic Fire 26% 66 59 Automatic Instru¬ 22 30 Tobacco Common 25 Preferred 100 Bros Bloch 25 20 30 19 28 Preferred 23 53 6% preferred.-100 28 26 American Screw.lOO Allied Stores Corp.* 38% 62* ..10 com Laughlin—5 Bliss & % 29 28 prior A__* cum Autocar 108 7% 1st pref 50 6% preferred -.50 Am Potash & Chem * Amer Radiator & Stand Sanitary..* 7% cum pref 100 Am Republics com 10 Amer Rolling Mill 25 43*% conv pf 100 Am Safety Razor Common -.-18.50 100 & $5 122 273* Amer Pneu Serv—* 5 Corp common 383* -5 Class B 1 AJ lentown Portland Cement pref 10 Alles & Fisher * 5% conv pref--100 Tack * iiH 119 American PianoClass A Com..* Alliance Realty Preferred Austin Nich & Co._* 16 7% preferred—100 Industries 15% 4 Allegheny Ludlum Allen Auburn Automob—* 153* 7% preferred- .100 Fdy.* 70 Am Mach & Met—* Maracaibo—1 Amer Metal Co * 6% conv pref.-100 American Meter—* American News Co * Amer Optical * Preferred 100 Inst 8% pref„100 Algoma Steel com.* Steel Co. 69 Locomotive.* Atlas Amer Alexander Dept Stsl Alexander Hamilton * Powder 18 26 Am Maize Prod—* Alberta-Pacific Grain class A * Preferred--, 100 Conv Atlas % Amer Mach & 53* 5 Preferred 3 * preferr ed_20 172* 25 % Am Laund Mach_20 Albany Packing— Preferred 100 Vot trust ctfs Corp.* Amer-La France & Foamite Corp—10 Am Internat Warrants Alaska Pac Salmon ♦ % 223* 243* 643* 1253* 63* 33* 43* Atlas Pipeline v t c Atlas Plywood share Per Per share share com 20 Calif Pack Corp 5% preferred—50 Cambria Iron -50 Campbell Cannon Wyant Fdry.L 22 19 203* 493* 21 54 57 163* 17 51 & 86 INDUSTRIAL Quotation* for all securities Stocks Bid Par Ask Stocks Cleve Tractor » Olev Un Stk Yds—* P 95 17% Canada Forgings— Class A...... * 12 13 10 70 71*"" B 2% 9 8% Canadian Bronze..* Preferred 100 37 % 104 Canadian Car & Fy * Preferred 26 Canad Celanese * Preferred 100 16 % 30 13 Canadian Colonial 2% Canadian Dredge 6 Dock—.....* 21 of New York Coca-Cola Co 16% 31% 14% 102 6% preferred.. 100 Syndicate.26c Carman & Co A * 88 10 72 68 (Philip) * 6% preferred.. 100 62 1 Carib 18 4 • Castle (A M) Co—10 Oatalin Corp. 1 Caterpillar Tract. .* 6% preferred .100 15% 89% 250 21 J* 46 103 17% 117 6% cum pref..100 Corp... 16 1st preferred * $7 preferred * Central Aguirre 63% \4% 70 5 66 30 21% 22 13% 4% _ 14% 4% 45 6% preferred- 100 CentlOhio St Prod.l Central Paper 1 Preferred 10 49 3 10% Consolidated OH 41 30 98 8Va 42% 31 100 6% 9% 14% 116 "6% 10% Common 117 6 15% Warrants V t c B partic Vtc partic pref 50 Container Corp " 5 Chic Dally News..* Preferred * Chic Blec Mfg A..* 16% 103% 14% 16% 104% 74 100 103 12 20 75 185 Preferred 100 Chic Mall Order...5 Chicago Nipple....5 106 12f! IVA 16% 36% 46% 47 oVA 69% !6% & Chrysler Corp. 6 * 13% 3% 6% » 9% 6H%cumpf—10° City & Sub Homes 10 City Stores ...5 74 12% 55% 3% Clark Controller Clark (D L) Co 19% 1 ♦ * Bronze com 1 14% If 10 75 4% 2l" 5% 4% 20 7% 22 95 1 Continental Can. .20 $4 50 preferred—* Oont Diam'd Fibre.5 Continental Mot 1 Oont'l Oil (Del).. Oont'l Oil (Mex) 1 Oont'l Roll & Steel * Oont Screw com.. 10 Preferred 10 Oont Steel Corp * Preferred 100 Converse RubberPreferred * preferred * Cooper Bessemer. _* $3 prior pref. * k Oopperweld Steel. 10 Cornell-Dubilier Elec Corp com.-l Corning Glass Wk 10 Preferred.. 100 Corn Prod Refg.-25 7 % preferred- -100 Coronet Phosph-160 Oorroon 8c Rey'ds* $6 conv A pref-.* Oosden Petroleum. 1 5% conv pref..50 Warrants..... Ooty Inc 1 2 97% 38% 115% 9Va 2% 29% 2 29 Va % V' 8% 55 "i% 28 Preferred 100 Am 26 98 5 11 4 dep rcts ord£l k Wagon Co $1.50 conv cl A.20 Cramp (W) 8c SnslOO 5% Without par value. A; Last sale, n 25 100 com conv pf Nominal, r 6% 7% 18% 16 3% t* 5*0* 8 21 8 Hi If* 1% It* 6 53 9 Nov. 14 26% 27% 4% 5% 99 102 63% 176 103 2% 27% 10 12 19% 24% II* 16% 17 5 5% 6 114 6* 1 7 ~4% 6^%pf(w w) 100 Diamond T Motor 2 Dictaphone Corp..* Preferred 100 Common Class A * * 6Va Oct. 21 /& Dodge Mfg .* Doehler Die Cast..* Dold (Jacob) Pkg— 6%% pref 100 6 15% Preferred 70c 10% 3 * 21% 35% 6% 3% East Racing Assn..* Eastern Roll Mill..5 Eastern Steamship.* $2 conv pref. 16 * Eastern Sugar Assoc Common 1 Preferred .......1 5 14 * 179% 170 ( r 3 21 % 14 Economy Groc Sts.* Eddy Paper * 15 Edison Bros Stores— Common ._2 & 48 2% 1 100 ♦ Eitingon Schild Sterilizer 3% ..1 % 1 35c 6% 4% 9 1% i| B 30% 5% 33% .30 14% 2% 2% 31% 6% 34% 32 115 18 33 Electric Boat Elec Ferries com 15 11% 18% 21 27% 41% 28" Utll Corp Elec 8c Musical J* 36 4% 2% $4 partic pref...* Elec Stor Battery ♦ Elec Vacuum Clean* Electro Bleach Gas.* Electrol Inc v t c -.1 2% Electrographic Common 25 1% Corp 10 ..1 Electrol ux Corp 1 Electromaster Inc.l Elgin N Watch...15 r 1% 4 preferred Ely Walker D G..25 1st preferred.. 100 2d preferred.. 100 Emerson Drug..2% 1% _ Class A8* 120 TOO 22% 22% 4% 75 B-.....2H 106 Empire Sheet 8c Tlnplate * Employers' Group 10 38 2% Associates Emsco Derrick ..4 * 5 Endicott-Johnson.50 21% 21 Va 21 Va Esquire-Coronet 88 90% Eureka Pipe Line_50 Eureka Vac Clean.5 Evans Products 5 Ever Plastics Corp.l 3 3% 5% preferred.. 100 Equit Of ice Bldg..* 1 31 32 35^ Exolon Co . 5% 20% 9% 41% 110 1% 1?B 12* Ex-Cell-0 Corp ...3 Exch Buffet Corp..* 33% 14% 19" Elk Horn Coal.....* 1st preferred 21% 12 63 Emerson Elec Mfg.4 138 2Va 3% 61" ..5 42 117 1% * Indus Am shs Elec Shovel Coal— Preferred 101 3 6% preferred.. 100 8% preferred.. 100 Electric Household 2d 20 6 12% 8 29 com * Faber Coe & Gregg.* Preferred 27% 11% 19% 12% Fafnir 20 Fair (The) Chicago * 7 % preferred. .100 11 14 37 Fairbanks Co 25 8% preferred. 100 Ex-dividend. 6 40 100 Bearing... 25 Fairbanks x 8* 20c r Electrical Steam 8% 116% t New .stock, 9 . 1% 3% Paper Prod 1 Dixon (J) Cruc—100 Dobeckmun Co coml Dr Pepper Co.....* 57% Canadian price 20c 6% pref w w 20 Detroit Gray Iron 8c Dictograph Prod—2 Discount Corp (NY) Distillers Co Ltd.£l Distillers CorpSeagrams Ltd • 5% pref w W..100 Distillers Liquors..5 Divco-Twin Truck. 1 Dixie-Vortex Co— .... ifll 21 1% 43% Oct. Warrants • Det Gasket 8c Mfg— Common —..1 '¥ 68 15" Electric Auto-Lite. 5 Detroit Compensat'g Axle Corp com—1 6% part pref—.25 Diamond Sh 3% Eisler Elec Corp 1 Eisemann Magneto 63 Common ._..* Dexter Co com....6 Diamond Match • 11 5% 7% Common.... Warrants... 61 Steel Prod.* 120 5% preferred 50 Educational Pictures 55 45 Sulphite..10 137% 27 Mach com * Class B -.--_* Eaton Mfg Co 4 100 Devoe 8c Reynolds— Class A (non-vot) 145 6% preferred-.100 Easy Washing 95 Harvester. 1 Mich Stove 1 10 * com M 40 35 Foundry com...1 15 103 ^ Hosiery— Preferred w 1 "2% 100 Eastman Kodak Dewey&Almy Chem Covered 8% 7 1 Common B • 2d preferred-..100 Devonian Oil 10 16 25% 26 $6 preferred .....* fnternat'1.1 Eastern Footwear _1 East Mall'ble Iron25 Eastern Mfg com..* 18 Detroit Detroit Detroit Detroit Detroit 1% (R G) Eason Oil... 1 $1.50 conv pref.20 East Boston Co.. 10 East Dairies Ltd * Eastern Air Lines.. 1 24 * Preferred ..* Detroit Aircraft * 20% 20% 1% 96% 38% 113 y 9*/ Cornier Post— Crane Co lH 14 Va Oourtaulds Ltd— 27 Cleveland Hobbing Mach com......4 * 3% 1% 9% 14 Va 2% 33 Cook P't A Vara $4 10 15 8 Cin Un Stk Yds 8% preferred-.100 Special preferred.* 109 9% 14% 12% 53% * 43% 6 % preferredDerby O 8c Ref com * % 19 6 10 Dryden Paper Dwight Mfg 15 Eagle (O K) pref 100 Eagle Lock.. 25 7% preferred.. 100 8% preferred-100 Dentists' (The) 40c * Dubilier Condenser 1 Duff Norton Mfg—* 6% preferred-.100 Supply com..—10 »* 9 17% 110% Duro-Test Corp 1 Duval Texas Sulph.* 15 _ 18 Class B * Dri Steam Valve..5 Driver Harris Co. 10 Preferred .100 Class B In Class A Dresser (S R) Mfg— Part conv n-c A.* Durham .100 De Mets Inc pref. Dennison Mfg— 1% 6% 25c 5% pref vtc—100 Consumers Co of 111 Vtc A partic-.50 Preferred 3% v Continental B " Class A.. Class B-. 4 B common 8% 87% Oct. 28 t c—25 17 3 * 17 4% 8% preferred. .100 k 44% 117 Inc 6Va 3 100 6% cum deb.. 100 $4.50 cum pref..* Duquesne Brewing. 5 Dei8el-Wmmer "4% 8% * com Gilbere Corp 10 Dejay Stores 1 De Long Hook and Eye.___-_100 Del Rayon A com. 15 12 15 * Oonsol Royal Oil. 10 Consolidated Steel * Consol Textile new.. Consolidation Coal— —100 116 Drug..—....* Preferred Duplan Silk ...» 8% cum pref.. 100 DuPont (El) deN 72 1 7% preferred—.20 2% 2 Oonsol Retail St8-.l 16 7Va —100 10 Deere & Co eg** 80 84 11% 6% 5 14 ♦ Preferred 80 101 35 Records Decker(A)& Oohn 10 60 8 preferred-100 7% 40% $2.60 prior pref..* Chic Ry Equip 25 Chic Rivet 8c Mach 4 Decca 25% 74 82 Cons Laundries 10 * Class A 8% Deep Rock Oil & Ref 7% pf—100 Cons Lithograph— Cons Mach Tool uts_ 91 Chicago Flex Shaft 5 Chic June Rys & Un 27 ^7% if8 5 Silk Qlark Equip Co Common,......1 % 3% 134% * Bradstreet Corp.* Dayton Rubber Mfj 7% 4% * Preferred 100 Claude Neon Lt 1 Cleveland Graphite 16 4% 50 City Auto Stamp City Ice & Fuel.. 14% Conv prior pref..* com * Dunhlil 1% 6% 46% 6% 26% Davison Chemical. 1 Warrants 9% Hosiery 6% pref Cinecolor 16% 8 Chesapeake Paper Preferred Chilton Co 10% 1% 15% 6%% prior pf.100 7% preferred-100 Cons Film Indus..1 $2 cum part pf-.* 11 110 Darling Stores Corp $2 partic pref * Davega Sts Corp. 5% conv pref. .25 Davenport Hos'y..* 3 8c Chic Towel com * Conv preferred..* Chic Yellow Cab * Chickasha Cot O.10 Ohilds Co com 30 8 70 Dow Chem 45 ioA Dardelet Thr'dlock * 10% * 5% 76% 20 2 16 Stores-.* 6 Co common..20 95% * 27 1 pref conv 18* 3^ 16* Dailey Corp 1 Darby Petroleum 5 Darco Corp 8%Pfl00 Hammer llVa 5% 25 Coal B Dominion 48 Cutler 1 Consol Biscuit 1 Oonsol Car Heat. 100 Cons Cigar Corp..* 92 13% 46 3L 7 Cherry-Bur Corp..6 Chic Pneu Tool S3 conv pref Aug. 23 7% cum pref. .100 $8 cum pref » 4 Checker Cab Mfg.6 com.. 2% $7 preferred * Ourtis8 Wright Corpl Class A 1 Oushman's Sons— 6 • Stk Yds Curtis Lighting— * Curtis Publish....* 2 Chamberiin Metal Weather Strip 6 Pure 18% 8% Cen Violetta Sug Centrifugal Pipe * Century Rib Mills.* 7% preferred.. 100 Certain-teed Prods. 1 6% prior pref. 100 Chain Belt com * Chester 16% 14 Oongoleum-Nairn. * Congress Cigar * P ftP 3% 95 5 Conde Nast Pub-.* $3 10 16% 104 145 Doubleday Doran.* Douglas Aircraft-.* Douglas (W L) Shoe Dun 16 Gases com 36% 34% Bdge.100 5 % preferred- .100 * 0%% prefeiTed 100 Compressed Indus Fields Dominion Dominican Coal pf 25 Dominion Glass. 100 Preferred 100 Dominion Steel 8c Dow Distil— 6% 16 12* 2* 7I* 30 Parts com......* $2 preferred * Combustion Eng. .1 Oomm'l Solvents..* Com'wealth Dlst-.l Oompo Shoe— Mach v t c ext—1 Oonsol Aircraft 100 8% preferred—.10 Cunningham Drug Stores com 2 % Columbus Auto— 26 Central Amer Plantations -—100 Central Cold Storage Common ..20 Cent Foundry com.l Cummins 25% Common 35% 3 Ouneo Press 2% 90 35 Preferred 40 _ 38 7% Tobacco 83 Va v,8 2% Columbia Mills. 100 Columbia O & G...1 Columbia Pictures— Common * 46 104 4 Associates. .___.* Central Airport * Board common 83 90 5% Preferred .100 Oudahy Pack 50 2% 4% 20% 7% Vot tr ctfs com..* 61 Celluloid Preferred • Warrants Colt's Patent Fire Arms Mfg 25 Columbia Baking..* x Preferred • x Columbia B'castlng $2.75 conv pref--* Oolum Carbon v t c ♦ 96 Ohesebr'gh Mfg. .26 6% conv pref Col Fuel 8c Iron 23% 4% 93 6% pref 100 Chapman Valve 2 Preferred. ....100 Charts Corp 10 2% 4% 19% 7% snares.. 40 * Cuban 20% 16 87% Paper 7 16 * Fibre Ordinary 12 10% Sys Inc class A 2 % 1st partic pref. 100 Champion Common * common Colonial Beacon Oil * Colon Development Class B 7% prior pref-100 com Wire * 7% preferred. .100 Cuban Atl Sugar— CoUyer Insulated 7 115 * Cuba Co Cuban Am Mangan 2 Cuban-Am Sug 10 110 3% 22% Celotex Co 106% 6 22 Celanese Corp 15% 104% 42% 108 103% * 3% _ Case Lockwood & Brainard Co. .100 a!* * 38 13 _ 6% preferred—10 18 % 19 Carpenter . 22% 3% 11 A* 25 6 . $5 conv pref * Crucible Steel—100 7% preferred-.100 Crystal Oil Ref * Nov\16 aSB 8* 23% * Steel .6 Carrier Corp new. 1 Carriers & General. 1 Carter (J W) Co 1 Oasco Products * Case (J I) Co 100 7 % preferred- 100 9M 25c Preferred Crown Zeller bach 8 18% 37 x-w—* Crown Drug com 61% 20 5% preferred-.100 Collins Co 1100 3 68 Carey Co 76 134 1,040 6% preferredlOO 3 7 7 86 Carborundum Co..* Carnation 73 T" 34% 33% $2.25 pref w w_.» Preferred common..* A.* Crown O'k & Seal.* 129% 60% _ 2% 9% Petroleum (Md)_5 * Collins 8c Aikman. iV 30% Central Crown Cork Int Finance— preference.* Dominguez Oil 8% 109 Crowley Milner * Prior Preferred.50 2% 132% 13 2* 2*/ Capital City Prod.* Class B 100 Preferred Domestic 27% 22% 7% * 28 Crown 127 Bid Par Per share 21% 8% Orowell Publish'g..* 13 * Stove 100 * . 22% Orosley Corp 39% Coca-Cola Intern. _♦ Cockshutt Plow * Coleman Lamp 8c 3% 21% 26 6 43 2% 22% Stocks Cum Crocker-Wheeler --* Croft Brewing 1 56% 1% 35 * Class A Peet common 9% CI A voting * 01 B non-voting.* . Creole Petrol 38 7% preferred. .100 Bottling Foreign— • Preferred—100 Can Indus Alcohol— Can Locomotive. 5% 22 1% Ask 21% Creamery Package.* Cream or Wheat Stocks trust ctfs Oolgate-Palmolive- Invest Corp Bid Per share CocarCola Can Falrbank pf.100 Canadian Par 5 56 * Preferred 100 * Clover Val'y Lumber Preferred A 100 39 1 Airways • Club Aluminum Utensil com_..._* Cluett Pea body * 60 22 * Stocks 8% 4% 21% Olorex Chemical %¥■ Can Wire & Cab A.* Class Cleve Worsted Mills Common * Cliffs Corp v t c Climax Molyb¬ denum Co * B Ask 4% 7% Clinch field Coal. 100 Canada Packers...* Oanada SS Lines..* Preferred 100 Class Bid Par STOCKS possible for the closing day of the month preceding the date of Issue Per share share^ Oanada Bread.... Preferred 100 Class B pref 60 Oanada Cement. 100 Preferred 100 Can Dry Glng Ale.6 MISCELLANEOUS & are as near as Morse..* 90 4% 43% % 6% 35% Quotations for all securities are aa near as Par Stocks Ask Bid 90c Fairchtld Eng A Airl Sugar 20 Falstaff Brewery--1 6%convpref 1 Family Loan Society $3.50 partic pref- * Famise Corp 50c Class A 2 Fa jar do Famous Gen Cigar common * 7 % preferred- -100 Gen Crude 011-2)4 General General Gen Finance 65 Can Corp Fansteel 3)4 104 305 4 4%% * 5 Federal Bake Shops* Preferred 30 14 6 70 34 Federal Motor Tr__* 4,_ 3% Works..* 4M% 84 54 preferredlOO 18% -1 Ferro Enamel F G Trading Corp.. 39 Preferred -1 Fiat Am dep rets— ■ Brewery—1 Field (Marshall) see FIdelio M" 19 Coach—25 Filene's(Wm)Sons .* 5th Ave Finance Co of 156"" PalOO Firestone Tire A Rub 23% 10 Common 95 97 41 7 42 Flsk Rubber Corp.l 9% 7254 6 %preferred. 9% "954 26% Fla Portld Cem u t s. 34 * Florsheim Shoe com* Flour Mills of Am— • Preferred ♦ Fobs Oil ♦ Follansbee Bros—* Preferred.--—100 Follansbee SteelNew w 1 10 Food Machinery--10 4 %» conv pref. 100 Foote Bros Gear & Mach com 5 Preferred- --—100 Foote Burt com---* 33 Florence Stove Am dep rets % 6% 4c 16 % ilH 9 Gimbel 34% 34 % 90 15)4 2 7 24)4 6% 22 Fort Pitt Brewing. 1 4% 2)4 Co.—.1 Foreign shs A—* Foundation Foundation Co 11% of Canada—---* Four Wheel Drive. 10 24 Fox Film class A--* "2)4 (Peter) Brew—5 * Sugar.--* 32% 12)4 Hercules Motors Franklin County Coal Common—1 Preferred -10 Franklin Process...* Franklin Rayon...1 Franklin Ry Sup—* Preferred Gorham Inc com $3 5 preferred 33 International 310 40c 954 101 59)4 105)4 3)4 8)4 5 Grant 40 2 8 57)4 Irving Air Chute 1 Irving (John) Shoe.l 17% 354 13% "1)4 4 Great Lakes SS 11* $3 conv pref-—20 Garlock Packing.—* 40 6% Indust—3 Gay lord Container-5 5% conv pref..50 Gen Accept ce Corp Conv 37 2% 25)4 53 % 53 9% 135 1.05 954 140 1.15 4% 31 7% preferred--100 76 84 11% 13 15% Group No. 1 Oil—* Group No. 2 Oil 1 Gruen Watch 1 Preferred 25 Grumman Aircraft Engineering com 1 Guantanamo Sug._* 8% preferred.. 100 Guardian Coal A OU 2)4 Gulfboard Oil Without par value, k Last sale, n Nominal, 1 r Tea Johna-Manville \l% 24 20)4 20)4 Howe Scale com 12 12)4 "3)4 .554 25 26 Hudson Mot Car..* Vot tr ctfs 5 2)4 1750 % 271* 13% 18)4 m2oH 8* 15 70)4 103)4 JH 19% 2% 25c il* i V* 32 ^ 754 6654 6% preferred 20 Hupp Motor 1 Hussmann-Ligonier * Huylers Inc— Common ...1 7% prefunstpdlOO 7 % pref stmpd 100 t New stock, x Jonas A Naumb'g2 % Kane Carburetor.. 2tH Preferred Ex-dividend, Me. 100 100 Katz Drug com 1 Dept St's 12.50 Common 8 16 3% <1* 20 154 20 3% 6 26% 71 100 126)4 3)4 70 2 254 Jones A Laughlin Kaufman 3)4 Canadian price, 100 K C Stk Yds . " 5c 72 107 •B" Johnson Tin Foil 7 % preferred. -100 Jnslyn Mfg A Supp.5 Julian A Kokenge. .* Kahler Corp 100 Kalamazoo Stove A Furnace com 10 3354 Fibre Common 5 Hunter Steel com. • 18% * Steel common. 100 Kaynee 10 34)4 36 • 65 66 36% 45 23 25% 17% 19% 154 51* 88 3)4 55 92 3% 19 20 3 65* 80 13)4 7% 5 Kayser (Jul) A Co.i Keith-Albee-Orph— 14% 15% 68 7% couv pre* 100 Keith (Geo C) Co— 91 95 4 7% preferred.. 100 Keller Dorian Color 21 23 Preferred 38 Hummel-Ross 23 10 25 * 108 25 * Humble Oil A Ref._* * 36 1st preferred.. 100 Hubbeli (Harvey).5 . 1 7% preferred.. 100 Johnson Oil Ret * A Metal $1.50 conv pref.20 Houston Oil (Tex)— 14 5)4 % preferred. 10 Griesedieck Western Brew 5)4% pref Groc Store Prod.25c 3)4 6)4 40 16 Preferred Jewel 87 5% preferred.. 100 Houston Oil Field Material com 1 "754 lH Greyhound Corp..* 354 15)4 29% 28% 140 2 2 Class A— * 28 4% 5 A—..5 preferred. .100 3 137 25 H General Gen Candy 39% $1.50 preferred..* Co—.1 Greif (L) A Bros 18 * 10 American Transportation . . 5 General Baking—5 S8 1st pref .» General Box Corp.l General Bronze .5 General Cable--—-* 311 Pap—25 Great West Sugar—* 7% preferred.. 100 Greenaale Minerals* GreenTld T'p A Die* v 100 Hard't(N Y).* 5% preferred.. 100 Houdaille-Hershey— Class A * Class B * Household Finance Common * * Jenkins Bros Horn 23% 31)4 Green (EL) preferred.20 Preferred (Ohio)-* "9)4 15 Knitting Jarvis (W P) Co Jeannette Glass 87 Horn ( V C) com 1 Prior preferred..5 125 . 29)4 o 12 Gen'l Amer Oil of Texas common..5 W'house Great Nor $6 ....5 Gen Alloys Co Preferred * Jantzen Jefferson Electric..* Jefferson Lake Oil % . Preferred Great Lakes Term 94 $6 conv pref----* Gardner-Denver-—* A 124 15" Jackson (Byron) see Jacobs (F L) Co—1 Mills com Horder's Inc com..* Hormel A Co com—* Preferred 100 69 87 1 954 Chemical com.100 1154 67 Great Lakes Dredge A Dock com...-* Gannett Co Inc— ' Class 11% Non vot com—..* 1254 9 Hooven A Allison -100 1st preferred. .100 2% (Robert) com_l $3 Preferred 10 GallagerABurtonA 1 Galveston Houston* Gamewell Co. —-♦ $6 conv pref-—.* Galr Preferred w w. .25 114 5)4 1 Equipment 23 Hooker Electro 5% 22 * 70 10 . 24 $1.80 prior pref..* Gray Telephone Pay Station com 10 Gt Atl A Pac Tea 22% 14% * Interstate Dept St's* * 59 2154 $3 convertible—* 4% conv pref. 100 Fuller Mfg com 1 Gabriel Co cl A-—* Gar Wood 1§H 27 100 Preferred 3% $5 preferred Intertype Corp * Iron Fireman vtc..* Hollander(A)& Son 5 Holland Furnace..* $5 conv pref— * Holophane Co * Holly Sugar * 7 % preferred 100 Holt (H) A Co A..* common-10c Graton A Knight..* h* Bakeries* Interstate Hosiery Prior 5% preferred...20 17 *, Int Vitamin Corp._l. W* 93 Common Co—-1 II* Interstate Home— (O E) Co A—* Class B * Granite City Pig iii 31)4 2454 Hires A" 3% % 7 % preferred*. 100 19 27 29 preferred. .5 1H Fuller (G A) Common 1 Int Text Book Interstate 39)4 2654 Television Radio Carp Hoe City Stfl..* (W T) com.10 * 7% preferred-. 100 $5 conv pref. .100 Hiram Walker see W 7*5* Granite Internat Shoe Internat Silver.. 100 5 8)4 Iron 1054 I 41 Internat 2654 26)4 354 2)4 HindeA Dauch—.10 11)4 $3 cum conv pf..* 100 Radio 10 16 354 72 Int Safety Razor B„* Internat Salt * 25 Raps Varn_* Grand Union 1 5 ; Coupon shares. _* Registered shs * Internat 1254 46 Petroleum * Grand 38c 5% conv pref.'. 100 Warrants 7% preferred. .100 Internat 134)4 1254 4554 3)4 15 Internat Pulp Preferred Grand Rapids Brass 1 Preferred 5 Schmidt _ 18 8)4 Brewing com 1 Fuller Brush com. _ 5 Preferred 100 com. * 11% Units Power 131 Internat Prod 17 % Fuhrman A A 161 51% 3% 7)4 Nov. 14 53% 5354 (Can)..* 7% cum pref. .100 International Paper 16 common.-.1 Fruit of the Loom » Int Nickel 100 $1)4 22 * 50)4 3)4 £1 Internat'l Metal Industries cl A__* 26)4 2)4 60 .164 Match Realization Int Mercan Mar 8)4 854 Spencer com.25 Hilton-Davis Chem Common 1 2% 20)4 154 5954 161)4 * 100 5 Bart A Co 56 _ * -. 8 73)4 Partic conv pref 15 Fruehauf Trailer..1 Malt Int Harvester 7 % preferred 7 (R) class A..10 pref— ..65 7% preferred—21 Froedtert Grain & Publishing pref. 5 11% Hibbard 79)4 22% 20 134 Preferred 225H 176% 20 * Common.. 14 175 100 _ . 8654 Internat Educational 4% - Common 102)4 50 A_* (H W) Powder Preferred Hosiery com—* 7 % preferred.. 100 Graham-Paige Mot 1 Graind Nat Films.. 1 5 Nov. 17 Hiawatha Oil A Gas Gotham Silk 27 J4 Agricultural..* 7% prior pref. 100 Int Business Mach. * Internat Button Hole Sewing Mach.. 10 Int Cigar Mach ..* Heywood-W akefield 23 preferred——.* Gossard 20 6)4 554 Hershey Chocolate.* $4 conv pref * Hewitt Rubber 5 Hevden Chemical.10 53 Gorham Mfgv t c_* "S" Sulphur. 10 French Investing—* Preferred 100 2 15)4 32 Canada......—* 25 4 29)4 Hershey Creamery Preferred 100 2% i , Free port 6% 68% Preferred . 3% Francisco 106)1 1 Royalties 354 13 54 254 23)4 * Tnterlake Iron 28)4 Oil—...1 Hercules 86)4 Int. Hendey Mach —._* 25 ilH F-R Publishing 6, 49 4% 10154 27 150 • Steel 111 108 Intercont Rubber..* Hendrick Ranch Nov. 14 A* * 92% 4% A— (Adolf) Co—1 $5 preferred-—.* Goodyear Tire A 10% I Rubber com.---* 17 $5 conv pref * 4 Goodyear T A R of 87 29 90 7% non-cumpflOO * 90c Goebel Brewing—1 25% Golconda Petrol—.* 100 Goldblatt Bros * 4 54 I Preferred 50 2 54 Goodall Wore ted. 50 Good Humor Corp 12 Goodrich (B F) * 24 54 Wheeler--10 $7 conv pref.—* 28 6% preferred. .100 (W E) com. w w__25 Preferred xw 25 Helme G W) 25 Helvetia 154 85c Interchemical Corp * Preferred - 1 25* 29)4 Heller 49 10 2554 25 Motor Godchaux Sugar— Class A * Class B * 22 Indus Machine Inland Parts Corp com.3 Helena Rubrstein_.* io" Preferred IH Hein-Werner Class 1 . 100 1 Preferred 55c Heiieman Brewing. 1 p 254 54 854 10 1st pref Indus Finance vtc 8 Industrial Rayon..* Ingersoll Rand * 6% preferred-.100 7 % class A pref .25 Hecker Prod com__l 62 * 1% 36 100 454 77)4 354 2)4 31 55^1 454 27c 6% conv pref..50 Hearst Consol Pub — 8 25c 7 8 Indus Brown Hoist— 12)| 4 $7 preferred * Hayes Body 2 Hazel-Atlas Glass.25 Hazeltine Corp * Hearns Dept Stores Common 5 29 t4 54 * B— Cum pref 54 1 $7 conv pref * Hawley Pufp A Pap Common 1 254 12% * 4%% conv pref 50 Globe Knitting—2)4 Globe Wernicke--. Gobel 21} 11)4 Class B "i% Glidden Co 3% 21 "% 75 5)4 5)4 Class i\* Indus Accep Corp— 70 Hathaway Bak A. 5)4 24)4 4% 8 ~2~ 1)4 7 16 2% 354 150 6y* s* 97 654 754 4)4 Indiana Steel Prod.l Indian Terr Ilium Oil non-vot A * 5)4 4 99)4 15c Indian Refining. aS* 66 3 16)4 23)4 * $6 preferred el* 5 6)4% pref ww 100 27 10 1 Indiana Limestone Indiana Pipe Line 10 Haskelite Mfg ..5 Hat Corp class A..1 Class B n-v 1 2 26 54 * $3 pref "754 6)4 20 Brew it* 8 ..5 Common 135 100 * and Marx 4 Indiana Gas A Chem Rayon vtc.l Harvard 5 Bros 22 Indian Motocycle. Preferred 28)4 28)4 5 Preferred Hartman Tob Hart Schaffner 36)4 Glen Alden Coal--* * ♦ Franklin Simon see 87 36)4 Gleaner Harvester.* 108 107 Am dep rets Fox 22% 22 * $5 conv pref (L H) 20 2854 %lpreferred. _ 100 Hartf'd Georgian (The) Inc * 8% class A pref.20 11 Giant Portland— Cement com 50 & 36 Preferred .—50 Gibson Art---. * 20 Gilbert (AO) * Preferred --* A* 10c Giddlngs A Lewis..2 * 17% Gilchrist Co 3% Gillette Saf Razor.* 14 31 Independent1 Pneum Tool * 100 Potter com.. * $5 preferred—100 HarnischfegerCorp 10 Hart A Oooley 25 "I % .100 Gilmer Ford Motor France Foster 10% 10)4 — 18 ord__ 100 Class B 22 107 Rub—5 6% cum pref A100 Genessee Brew A—I Class B com 1 Ford Motor Ltd— Ford Mot of Can Class A XL* 39 20 74 1Q DAD com——* 37 Gen Tire A 95 Flintkote Co com—* 76 * 25 General Print Ink- -1 $6 preferred * Gen Rayon A stk--* 11% Gen Ry Signal * 6 % preferred-. 100 % Gen Refractories.- ' 24 Gen Steel Casting— Common * 24% 155 $6 conv pref.— Gen Theat Equip-_* 23% Gen Time Instru. 6% pref ser A.100 First Nat Stores---* Fish man (M H)—* $7 preferred--100 6% preferred--100 FltzSimons AConnell 44 ---* preferred- -100 6% 3054 .8* 40 Refractories com * 6 Harrisburg Steel Harris Seybold 7% 7)4 Gen Plastics Preferred 25 Federated Dept Sts * 1554 109 (M A) * $5 cum pref.....* Harbison-Walker 10 Common Class A 15% 10 Hanna 49)4 123)4 $5 preferred— — Gen Optical pref --* Gen Outdoor Adv't'i r-lr-t x Imperial Tobacco of G' Brit A Irel'd Am dep rets ord £1 6% cum pref.. 100 122 % Motors--10 General 18 Federal Match units Fed Screw i?ij 100)4 Hammond Instruml Preferred 50 95 preferredlOO Mills * 6% cum pref.-100 6% Warehouse—25 & Gen Compress Federal * * 27 Common 54 X?)4 General Preferred.. Fedders Mfg Imperial Oil Ltd Imperial Pictures. .1 Imperial Tobacco of Canada com..5 Hammer mill Paper— Machinery...* Farnsworth Tele vis* Fashion Park com.* . 7% £ ©>• 1654 1654 1)4 £1 k Indus rets Registered shs 100 $6 preferred 654 6 10)4 Watch-_* Hamilton 36)4 113% Common.-----* Metallurg 10 5 Mfg— Ol A pref part—10 109 28 27 Imperial Chemical ll* Hamilton Exting—* Fireprooflng—* 7 % preferred-.100 Gen Foods Corp—* $4.50 preferred--* Gen Household Util 23 106 100 10 Ideal Cement Illinois Brick 30 Haloid Co.. 13% 2 lk I * 100 * 15 com-.l r V t c common---- r il* Hall Lamp com Hall (W F)Print'g 18 Corp.l Hygrade Foo ' Prod5 Hygrade Sylvan * 6)4s co «v pref * 38)4 Hajoca Corp— Gen Fire Players Fanny F'mer Cand. A Alabaster Gen .54 25 Gypsum Lime Preferred Elec Ltd— dep rets reg £1 Am Per share Ltd. * Gulf Oil Corp Ask Bid Par share ill* d* Electric---* Stocks Ask Bid Par Stocks Ask Per Per 954 2% 30% Fairchild Aviation. 1 preceding the date of issue possible for the closing day o Ithe month Bid Par Stocks 87 miscellaneous stocks industrial & dec., 1938] 2K Film 13* % 100 20 Kellogg (Spencer) see."S" Kelly Springf'ld Tire' 1% Common 5 1% 88 INDUSTRIAL Quotations for all securities Stocks Par Bid Ask & are as near as Stocks Bid Par Per share 27% 7% 74 85 1 12 1 Cony class A 7% 7% 86% 12% 8% B Class Kendall Co com...-* $6 part pref A * Kendall Refining. 10 93 H 14 5 Kennedy's tnc 5 $1.25 conv pref..* 14 it* Ken-Rad Tube & Lamp A * Kerlyn Oil cl A 5 Key Co common. .* Keyes Fibre com * Class A 3% 10% 3% 7 Wire 12 12% 16 2-3 * Kingsbury Brew 1 24$ A King Seeley com_.l Kingston Products. 1 Kinney (G R) Inc-.l $5 prior pref....* $8 preferred __* Kirby Lumber.. 100 Kirby Petrol 1 Kirkham Engine & Mfg Corp 1 Klein (D E) Co * 8% 2 % ll* 3% 9 13 0% 4% Kysor Heater..—-1 5% 50 20% 6 1 53% 55% 15% 108 X Lakey Fdy & Mach 1 Lambert Co... * Lanatin Corp 1 3% 15 % 110 1% Landers, Frary & 26 % 28% 5% 6 Nov. 25 64 7% preferred.. 100 1 14% 14% Langendorf United Bakeries— Lanova Corp 18% * 9 ...50 1 Conv * 62 2% 70c 33 40 16% Barre Corp * Lehman Corp.—See Investm't Trusts Lehn & Fink Prod.5 Leland Electric Leonard Oil Devel 25 Lerner Stores 4% % Pref.—100 Le Roi Co com 10 Lessing8 Inc 1 Le Tourneau (R G)1 Ley (Fred T) & Co.* Libbey-Owens-Ford * Liberty Baking * 100 Preferred Lib McNeil & Lib.* Life" Savers Corp—5 Lig & Myers Tob-25 Common B 25 7 %jpreferred- -100 Lily Tulip Cup. * 17% " 3% 24% 1% 10% 3% 21 ilM 3% 21% 113 """% 3% 20 3% 100 Loblaw Groc Ltd A* Class B Locke Steel Chatn.5 Lockheed Air Craftl Locomotive Firebox* Loew's Inc * $6.50 curn pref. * Loew's Bos Thea.25 Loft Inc * _ ^ - if* . ■ 100 Marion St Shov 6 2% 3 18 19 1% 3% 1% 29% r r Maracaibo Oil Exp.l Marathon Paper. .25 Preferred 100 97 2 4% 1% 41 100 17% 4% 18 • L) — 1 5% A conv pf-100 Massoy-Harris. * 23 21 36 * Preferred 100 Rockwell. .1 Marshall Field & Co* Mar Tex Oil vtc ..1 Marlin 38 12 5 11% 1% 32% 6% 53% 112 100 6 81% 5% 54 13% 17% ...» 5% 94% * 6% 19 34% 50"" 5 Monogram Pictures 1 Monroe Loan Soc A1 Monsanto Chem 10 $4.50 pf 5% 26 A ser Montgomery Common * Monumental Radio 1 Moody's Invest Serv part pref * Moore Corp com..* Preferred A 100 Moore (Tom) Dist.l Moore Drop For A.* 27% 43 48 Morris (Philip) <fc Co Ltd 11% 12 Bank Refining pref- -100 McCall Corp 5% * r 7 r 90 .* 6 7% 95 8 1% 11% 86 92 19 19% 10 11 37 85c 18% 19% 8% 8 d* 12 75 7% OH 10% 67 124 10 Shoe * Mengel Co 1 5% conv 1st pf.50 Mercantile Proper.. Mercantile Stores. _* Preferred 100 Merchants & Mfrs Sec Co class A.l Par tic pref * 48 6% 26% 49 8% 10% Preferred 100 Merck & Co com..] 6% preferred.-100 10 85 5 5% 14 8% 9% 84 86 26% 28% 115 24 26"" 10 13 13% 21H 18% 3% Merrimac Hat.....* Preferred 50 I<T~ 4 Merrimac Mfg.. 100 Preferred .100 3251A 2% Merritt, Chapman & 38 23% 21% 13X 20% 7' ' 58 108 15 6% 24 22 13% 29% 5%% 110 15% fi 1/a Scott * com.. 6%% pref A100 Messer Oil Corp 11 13"" 25 28 3% 56 60 Messenger Corp "6% 1 % Machine 5 Metal Textile Corp Common 25c Par tic pref'ence.15 40% 100 t Named changed to Omar, Inc. 1% % 41 1% 36 87"" 122 91 Bedford age New Britain Mach 10% 3% 6 38 12% 11% 4% 45,,.. 57 T % 8% 8A 11 * 8 units W* 17 l Common 2% 22% 47% Nast (Conde) see C Nat Acme Co_ 1 13 8% 4 9% 7% pref. t Company in liquidation, . 5 * 1 9 56 56% 23 16% 2% 16% * 38 40 North Amer Cement Common •_ 1 1 2 $6 preferred Class A pref ..1 Class B pref 1 North Amer Rayon 5% 2% 4 6% Com class A.. * Com class B * 21 23 6% prior pref..50 No, Am Refractories 45 47% Class A B 22% » Class 4% 9% 21% * 20* 6%% preferred 100 ft 5 6 - Northern d* . ; 4% % 1 - Illinois Corp. % * 13 13% .25 Finance 24 26 .10 25% 169% .10 6% 4% . 7 7 10% * 24% n 17 17% 100 9% 55 57 Norwalk Tire & * 8 34 .50 —5 24% Nominal, 1 5 5% No European Oil—1 North German Lloyd Amer shares- 29 k Last sale, 74 4% 31% 22% 5% .... 106 .» 73 3% 30% 8% 100 N Y Transit 8% 13% * $7 11 8% 13% * com 13% 3% 25 Preferred k 8% 13% 5 167 Nat Casket IS 13% 10 Nat. Cash Reg 42$ ♦ 13% 100 National Bronze & Aluminum Fdy..* National Candy * * 16% 24 1% 41% non-cum 31 _ 1% 16 22 Founders shares. I 56 . 8% 50 * pf * N Y Merchandise. 10 N Y Shipbuilding-.1 16"" Automotive Nat Biscuit 7 % preferred 15 North Central Texas Oil Fibres com 1 Nat Aviation —5 XNat Baking com._l 6% preferred.. 100 Battery pref..* "Belias-Hess 1 59 14% 1 New Process Co—.* N Y Auction * 2% 48 14 «§* New Idea com __* N J Worsted pf_. 100 24 Narragansett Rac'g 1 Nash-Kelvinator __5 12 * 6%% pref—..100 N Y Air Brake N Y Dock. 9 27% 95 Noma Elec Corp 1 North Amer Avia__l North Amer Car. .20 16 8% conv pref..25 Myers (FE)<M Bros.* Myles Standish vtc* Nachman Springf-.* 7 25% * 8% 9% 72 9% 25 Niles-Bement-Pond * Noblitt-Sparks 5 » Spec cl A Mutual System A .58% 108% 68J .100 8% 7% preferred--100 New England Lime Nicholson File 1900 Class B 4 38% 114 Newport Indus 12 % 36% 107% Cord¬ 15 5% 37% 72 y* common-.. .5 88% 27 7 68 ■ 5% preferred-.100 New $5 100 Preferred, 6 Preferred 100 New Bedford Rayon "5% 4 25 5 * New Mexico & Arizona Land 107 Nat Mesabi Iron Metal & Thermit-_* ;;§4% 7$ Nov. 29 Newberry (J J) Co- 19 Nat 4 73% 6% 87 * Nat 53 * 5 Mesta % 7% * Murray Corp ,10 Murray-Ohio Mfg.* Muskegon Piston Ring com 2.50 Muskogee Co * ;S 16 68% 4%% conv pfd 100 Nelson (Herman) 5 Neptune Meter A—* 8% preferred-. 100 Nestle-Le Mur cl A • Muskegon Motor 27% 44 5 5 % preferred. .100 19 Lino.* 13 pref Preferred 28 8 18 conv Murphy (GO) 1% 48% 6% il* 22 61 26% Munsingwear Inc..* - . Merchants & Miners Transportation.. * Merchants Refrig__* 20 $7 127 10 38% 135 5*' Mueller Brass Co_.l Mullins Mfg Corp— Class B l 68 * 10 com Preferred Mellins Food * 1 18% 14% Murphy Varnish 100 16% 50* 3* 83 Munson SS pref A.* Preferred C 65% McWilliams Dredge* Mead Corp com * $6 preferred serA* $5.50pfserB ww* 9% * 4 Corp. .5 Mount'n & Gulf Oil 1 Mountain Prod 10 Moxie Co class A * 52% 9% * k 100 New Hav Cl com..* * 42% 15% 4% Nehi Corp com Neisner Bros 50 58 Mortbon Corp A__l Motor Finance Conv preferred..* Motor Products Mot Wheel 40% 14% Nebel (Oscar) Preferred Preferred 115% 19% 88% 11% Naumkeag Steam 102 131 I 11% Cotton. 100 Navarro Oil * Nazareth Cement-10 4% Nov 10 95 * ^ Amer shares 27% 17% 12% Mfg 2% 3% .... Drill 27 15 J* 47 % 1% Nat Union Radio.. 1 Natomas Co * Common 18 Machinery. .100 80 2 National Tool 1 Nat Transit...12.50 Class McQuay NorrisMfg* 10% 15% 23% Mtge Bk of Colombia 9% 2% 11% 37 18 18 23% 165 33% 10 McKinney . IVA 67 10-vear $2 pref. 40 Nat Tea common. _* "5% 20 31 ■ pf A. 100 Morse Twist Oil Co Preferred 100 McCord Rad cl A-.* B conv McLellan Sts com.l 6% conv pref-100 51 14 80 % ..25 8% 2% 28% 4 13% 7% preferred-.100 Nat Supply (Pa)..10 5%% pr pref.. 100 13% 21% 30 Morris Plan Indus McColl-Frontenac Melville 67 78 29 10 33 180 19 66% 77% 46 Preferred 7s Nat Steel Car Ltd.* Nat Steel Corp 25 Nat Sugar Refg * National Supply— iiH 28% 36% Morrell(John) & Co* Morris Plan com 25c 13 4 160 155 12 26% 53 18 1% 158 * % 3% $6 preferred. ..100 Nat Standard 10 4% 7% 49% * 5 15c 5c Conv part pref..* Nat Shirt Sh Del..* Ward ... 3 5% 1% 2% 3% 40% 1% 101% 114% 2 4% 3% 7% Monolith Portl Cem Common _* Preferred 10 Monolith Portland Midwest pref.. 10 6H 5% * Nat Rub Mach * Nat Safety 12.50 Nat Screen Serv » Nat Service Cos 1 11 log' Common 13 $2.50 Preferred ..100 x 100 Modine Mfg com-.* 20 37 Moloney Electric Molybdenum Corp 1 5% Monarch Mach T'l * 16% 80 8* 14% 5% 7% 1% 27% 174 - ..25 Class B 1 Mo Portl Cement.25 Mock Judson & Voe 105 3 cum pref x-war* McCahan Sugar Mead Johnson 19 8% 3% 78 3% 6% 35% 08% 08% J7/s 60 25 2 2 com Natl Pump com 39 4 18 5%% preferred-10 Nat Radiator...._* $7 preferred * Nat Refining 25 116 37% pref..* Cooker 83% 113 * Common 100 5 % preferred. .100 National Pressure 7 6% 100 9 Nat Oil Products-.4 Nat Paper & Type— 25 3lk 2$ 35 3 Class A 52 17% 34% 162% 48% 50c 00ft 40 4 17 Pipe Line A 115 50 7 % preferred--100 Class 35 32% 12 100 com 5% % preferred Monroe Chemical-_* Preferred ..* 1% 32% 6% 54% 6% ... Master Electric 1 Math'son Alkali—.* Preferred No par value, OOO 4 * Manufac's Trading 1 Mapes Cons Mfg..* Maple Leaf Mill—- * Mererenth'ler Brothers 8/ /A Plate com .10 McKesson-Robb'ns 5 $3 conv pref * Lipton (Thomas J) Preferred 3l* 15 24 Lit 30 * Shirt-25 Manischewitz * 131 30 25 * pref Manh-Dearborn McKeesport Tin 19 Liquid Carbonic—* Liquidometer Corp 1 8* 2 12% 28 6% preferred ..1 Maytag Co 1st $6 pref 24 Mississippi Glass— 12 Prior 1 7% 23% 3% com * A common B common 60* Steel Castings * Nat Mfrs &Stores._* Missouri Kansas Common McGraw Electric. .1 McGraw-Hill Pub.* Lincoln Service. .100 Class A...... 2 26% 94 3% Mission Corp.....10 Mission Oil 1 Mangel Stores— McCrory Stores 1 Conv 6% pref_100 24 18% 35% .. 1% 11 Brewing ] Minneap-Honeywell Regulator ____* 4% pref ser B.100 Minn Min & Mfg_.» Minneap-Moline Power Implem 1 cum 139% 6% preferred .100 Nat Lock Washer.20 Nation! Malleable & 2% 8% 100 (I) Sons 170 136% Nat Licorice 1% 8% * common Pref 6%% $6.50 100 26% 165 _ 103% Minn 1 2 10 §3 cum pf w w ._* 4 24% $3.50 preferred..* preferred .50 Lindsay Lt&Ohem 10 Preferred.. 10 Line Material .5 Link-Belt Co _* Lionel Corp 10 Lion Match.... • Lion Oil Refg * 6 See Textiles 17% 35% 3% Lima Locom Wks.* Lincoln Printing * 5 May Dept Stores. 10 May Hosiery— 3 24 Lebigb Valley Coal * 6% cum conv pf 50 Lehigh & Wilkes- t% 55c * pref 45 Parry Corp * Masonite Corp * 45 2% 100 Leh Coal & Nav * Leh Portl Cement.25 4% conv pref-100 18% & Preferred Leath & Co com...* Lebanon Steel & Iron Lee Rub & Tire ..5 Lefcourt Rlty Corp 1 18 Manati Sugar com 1 Martin 14 54 Lawbeck Corp— 6% preferred—100 Lawrence Portland Preferred 19 44% 7% Lanston Monotype Machine Co 100 LaSalle Ext Univ..6 Lautaro Nitrate A_1 Cement Miller 20 - conv 14] 14) 106) 20% 100% 14 110 90 Conv preferred..* 44" 5 14 10% * Miller & Hart— 43 Television com—1 Major Marketing—1 Mallory (PR) ..* Martin (Glen unstamped...* Supply 29 100 Margay Oil Corp..* Clark 25 Lane Bryant Inc * 107 Midwest Piping &; 27 19% 3% 106 pf .20 pref. * Lead—-10 7% pref A 100 6% pref B 100 National Leather. 10 27% 109% 26% Products corn.* 30 6 29 14* * non-cum $4.50 Scrip Mid-West Abras.SOc Midwest Oil..... 10 "3% 1 Gas National $2 n-cdiv shares.* 28 1 Preferred 3% 16 2d * Midvale Co $ A. Natl Gypsum com.l 1st, 7% cum pf-100 Corp— pref 29 11* ..* com conv Class Nat Fuel * 32% 2H MacWhyte Co— 8% preferred Macy (R H) Co Inc * Mad Sq Garden ..* Magazine Repeater 6 Co common Lake of the Woods Class B 121 Preferred * Mack Trucks Inc.-* MacMillan Co * $5 Oil conv 8% u Nat Food Products Midland Steel 7% 31% 28% Manning Bowman 20 Midland 100 Manhattan 20 % Class B vtc 12% 28) 18) 2% Nat Fireproofing_-5 1 8% 1st pref.-.100 Mandel Bros Inc..* Baking common.* Preferred 6 Option warrants.. 20% 28% 12% 4% -.10 com Mid-Cont Petrol-.10 States Pet— Class A v t c * 25 50 70% 0% 12 A 24 115 113% . Nat Dist Prod * Nat Enam & Stpg.* Middle $2 67% 5% Special pref 10 Kreuger (G) Brew.l Kroger Grocery & Lane Wells Co 1% 30c Mahoning Invest 100 27 151 22c 23 Majestic 50 Tube.2% 12 110 7% pref class B100 * 6% preferred—10 Nat Dept Stores. 1 Sugar.._* Products Co Radio Oil Preferred.__ 21% 108 Preferred & Gas Mickelberry's Food 21% 148% 18 24 20"~ * 100 100 106 75 » Lago Petroleum Michigan 100 68 £1 Laclede Steel Mich Steel 200 Mich 7% 7 11% 12) 112) Nat Dairy Prod * 7 % pref class A100 * Mexican Petrol..—1 Mich Bumper 1 20% 105% 105 Refg.* pf-100 Preferred Lukens Steel Razor 12" Kress (S H.» iH Mexico-Ohio Oil 170 6 % preferred- -100 Macfadden Newsp.* Macfadden Pub * tKolster-Brand Ltd Amer shares Bid Par Nat Container (Del)l Nat Cylinder Gas.. 1 Metrop Playhouse.* 104% 6%% pref—100 Corp 5 3 Koppers Co 6%pfl00 Kresge Dept Stores 1 4% preferred.. 100 8% preferred—100 Kresge (S S) Co. .10 „ Louisiana Oil 8% 2% 2% 15% ig* Stocks Mexican Eagle 011.4 6 MacAnd & Forbes 10 50"~ 8% 12 % Bid Par Per shat 50 20 Lynch 35 Knott Corp .1 Kobacker Stores * Cum pref 7% .100 Preferred $5 preferred—100 Longwest Corp-..-* Loose Wiles Bis. .25 5% preferred--100 Lord & Taylor-.100 1st preferred-.100 2nd preferred-.100 Lorillard (P) 10 7% preferred--100 Loudon Packing.--* 27 1 30 Kleinert Rubber. .10 Knitted Padding. _* Milling 3% 11% 42% Lunkenheimer Kimberly-Clark Stocks Ludlow Valve— Watch Case 58 5 4 * common Lone Star Cement.* 6%% conv Ludlow Mfg Assoc.* Keystone Steel & Keystone Ask Long Bell Lum A—* Common * 3 ~2~~ * STOCKS Per share 27 7 Kellogg Co * Kellogg Switch & S _* 5% conv pref-100 Kelsey-Hayes Wheel MISCELLANEOUS possible for the closing day of the month preceding tha date of issue Novadel Agene. r Canadian price, 4% 23 36 e 32% t New stock. 35$ 38 33 ! near as Quotation, for all securities are as month preceding the date of Issue possible for the Closing day of the - Par Per Conversion-1 Derivatives.* Heat & Pr—* 9k Nu-Enamel....... 1 Nunn-Bush Shoe 2 H it* Pharis Tire & Phila Daily * 16 k Ohio Leather......* * * 12 7H 9k 6% preferred—100 110 k Ohio Match Ohio Oil II* 9k 110 x 95 4 * Ohio Seamless Tube* Ohio Rubber ut 46 42 1k 7% preferred..100 1 5 Okonite common 100 Oil Exploration Oilstocks Ltd u* 9J 130 160 91 88 6% preferred.. 100 Oldetyme Distillers 1 Oliver Farm Equip. * 1k 27 k ' 6% preferred. _ 100 139 13 k * Otis Steel 52k $5.50 conv lstpf.* Outboard Marine & Manufacturing 5 Outlet Co com * ill* It* 21H 40k 114k 7% preferred—100 6% - Page Hershey Tubes Pairpont Corp.. 100 Palmer Bros * Preferred 60 Pan Am Airways..5 Pan-American For¬ 70 eign Corp class A1 Class B 1 Porto-Ric-Am Tob—• Class A _-.--* Class B * t Potash Co of Am— Potrero Sugar 5 Pan Am Petrol & —5 $50 par B Pan-Ainer Southern! Panhandle P & R 8% conv pref.100 Panhandle Prod & Refg new com 1 Pantepec Oil Co—.1 Pantex Pressing Machine common* Preferred ...* Paraffine Co Inc.-* 4% conv pref.100 Paramount Motors 1 Paramount-Publix 10 Paramount Pictures 1 Reel common Pratt & conv Com unstamped. 1 20 Pullman Inc * Punta Alegre Sugar * Pure Oil Co * 5 % conv pref- _ 100 6% preferred.. 100 Purity Bakeries—* Pyle National Co- 5 Pyrene Mfg--—--10 Quaker Oats * 6% preferred--100 Preferred 1 * * * Penney (J C) Com.* Penn-Central Air¬ lines Corp 1 Penn Coal & Coke 10 Class B Penn Electric 14X Switch class A—10 $3.50 conv Radio-Keith-Orph * - common preferred— 120 preferred Penn-Mex Fuel-—-] Penn Rivet Corp..] Penn Salt Mfg—50 Randall Corp pt Class B Rath Packing 20 2k Penn Vy Crude Oil— Penn Sugar Penn Traffic 2 10c 2k Stores* pref-10 * 2614 113 95 * Permutit Co——1 Pet Milk * Pet Corp of Am—5 8 16 k Pepsi-Cola Perfect Circle 100 100 A.* * 10 Raybestos-Manhat * lc Peoples Drug 6 k % conv Preferred 41 44 Ritter Dental k lk lk 20 21"" 40 47 45 23 24 10k ir> 216 1 4k 33 100 24 k i* 3** 110 7 14 33 k 6k 10 k 86 80 k 13 k 10k 4k 114 IP 8 94 80 Ilk 6 116 153 2k 5k 52 1 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 Reda Pump ...* Red Bank Oil * 2 16 2k 24k 19 k 3 liquidation!! * Without par value, 9 18 _ 3 4 15 17 90 k "I" 12 k 13 k 15k 15 k 2 4 15 20 lk 12k lk lk 4k 45* 9k 4k k Last sale, 2 6 1 20 & Tool..* k Rossia Int Corp—* Roxborough Knitting 2k 3 Royal Dutch Co of N Y ord shares. 58 k 74 112 38 k 29 k Royalite Oil Ltd—* Ruberoid Co * Russeks 5th Ave_2k Russell Mfg— —50 Rustless Ir & Steel .1 5k 34 9k 40 k 2k $2.50 conv pref..* Ryan Cons Petrol.* k & Haynes.l Safety Car H & L..* Safeway Stores * Ryerson 21k 21k X .... com.-5 100 1 United..—1 25 Typewriter Units preferred-.100 98 k Southeast 107 k 5 75 130 80 r 30 25 3 16 k lk 106 2k 19 16k 2 3 Savoy Oil Schenley 33H Schulte Real 5k% preferred— Estatel Preferred 100 3k 90 80 15k 10 k 5 * -* 10 Southern Phosph.10 Sou Webbing Mills. Southland Royal. .5 S'west Pa P L 50 Class 16 35 lk 20* * --1 Spear & Co $5.50 preferred..* Spencer Kellogg-_ * Spencer Shoe Sperry Corp vtc—1 Spicer Mfg Co * $3 conv pref A—* Spiegel Inc com—2 $4.50 conv pref--* Springfield Ice& F.5 Square D Co——1 Squibb (E R) & Son* $6 preferred * 20 k 77 12k 16k 20k 17 k 18 60 13k 13 k 4k 16k .xi* 5k 16 2k 14 14 4k "lk I2 , 6k 16 k 2k 22 27 31 31k 20 k 138 k 3k 90 A Class B Common 3k Nov 60 8k 77 73 Dairies— Southern Spalding (AG)&Br_* 7% 1st pref.-.100 Sparks-With'gt n Co . 13 27 97 k & -10c Exp--100 _ 5 25 * 51 Shore Oil Developmen t - South'n Pipe Line Savannah Sugar...1 —5 Distillers.5 5k% pref 100 Schlff Co com * vtc--* Smokers 8% 22 11 96k 104 South 8% preferred San-Nap-Pak com.l r Canadian .100 __ 19 k lk 103 19 k 104 k r "k 26 k 5--15 Match___* Smyth Mfg 25 3 Snider Packing -* 8ocony Vacuum—15 59 k Solar Mfg Corp 1 76 Sonoco Products—5 Sonotone Corp 1 39 k Conv preferred..1 31 Soss Mfg common.1 5k South Bend Lathe 37 Works 5 10 South Coast Corp--l 42 k Preferred 100 2k South Penu Oil—25 1 So Porto Rico Sug_* 16k 21 preferred—100 (AO) Corp. 10 27 k 86 4k 4k 14 23 12 Smith & Corona 63 15 3k 110 98 k r 3k 100k 82 r 24 k 211 208 Sloss-Sheff S & 1-100 27 k Corp.* pref—50 Savage Arms _ - 6% cum pref--100 Skenandoa Rayon.* 61 preferred—100 preferred-.100 preferred-.100 Preferred Salt Dome Oil Nominal, Common * Simplicity Pattern .1 Singer Mfg.. 100 Singer Mfg Ltd— £1 Sioux City Stock Yards com 20 Preferred 20 Sirian Lamp com—* Preferred * Sivyer Steel Casting Common * $6 25 n 47 k 23 k 3 (Franklin) 5% preferred. lk 20 5k 42k 1 & Smith 20 lk 2k 13 k 25 17 23 k Co 7% pref.—100 Simonds Saw & Steel Skelly Oil.- 2 Sangamo Electric. _* Sanitary Co of Am 43 2k 3k lk Simon 21k 21 20 2k 2k lk Simon Brewery 26 16 k 22 k * Common Simms Petroleum. 10 108 27 ¥kv* 32 lk Sanborn Map 37 19 k 31k 6 Petrol Co—-1 $1.20 conv pfd_20 Store Samson 18 * Hdw & Pt preferred.—* Simmons Co 2 2I* Flour Mills com 100 64 k Preferred 100 2k St L Nat Stk Y * 5k St L Rocky Mt & 56 Pacific Co. .100 2k Preferred 100 % St Paul Union Stock Yards com .* 18 12k —* pref 100 Simmons-Boardman Pub 10 Rose 5 10&25c St Regis Pap Sept 6 5k Prior 8 St Lawrence 4k , 13k 16 28 $2.50 preferr ed_30 _ $2 conv 4ki * Common Silex Co 1 St Lawrence 95 27 26 * Optical lk Box .5 Preferred 12 Robinson (Dwight P) 7% 1st pref—100 Rochester Button. * Preferred. 100 Rockbestos Prods— Preferred .100 Rockwood & Co * 5% preferred. .100 Roeser & Pendleton * . A* 60 65 7 Robertson Pap 5% 6% 7% 14 If' W J Company in k 13 k 2 §* 3k Royal Typewriter.* 7 % preferred. . 100 110 9k 8k A * B * Bobbins & Myers. .» Preferred 25 Preferred ~"k Stamped Shuron 60 Class Ross Gear 115 Ilk k Silver Burdette— Class common 114 k 4k 5k 110 1 Root 55 k 6k Simmons 60 lk 54 k 114 9k 2k 2k 100 Mfg_* 18k 34 104k 47* Signode Steel Strap'g Rogers Majestic—* Rogers Peet 100 Rollins Hosiery 1 Rome Cable Corp.5 Roosevelt Field 5 ii* 103 113k 12 k 56* 81 Robertson 'HH)..* 23 104 k 44 k 108 k Riverside Cement— 22 Rights — 5k% conv pf.100 Shepard Niles Crane & Hoist 25 Sherw-Williams -.25 5%pf ser AAA 100 Sher-Wms Can * Preferred 100 Shrevept El Dorado MS 3k * Riley Stoker 2k X 14k 5k Works new com— 10k 23 20 » 44 Richman Radiator. 1 Richmond Cedar 71k 14 k 13 k Shell Union Oil Warrants 2k 53* .* Common X 10x Rainbow Luminous Product A -* Ralston Steel Oar— common 2k 12 k 80 k Warrants 22 X * 1st pf * Warrants Units —6 25 k 75 63 k New 14k 13 X Penna Industries— — 37 12k 12k 18 ■gg 55 78 47 Selection 24 100 70 Sheaffer (W A) Pen* Shell Transp & Tr £2 10k 30 35k 1 33 80 6k ...5s Rice Stix Dry Gds_* 1st pref 100 2d pref 100 Richfield Oil of Calif 6 68 15k ordinary 5k 5k 2) 18 J $5 conv pref * Sharp & Dohme—* $3.50conv pref--* Shattuck (Frank G) * Shawnee Pottery.. 1 76 74 10 pref. .100 110 7% preferred.-100 * Seton Leather Seversky Aircraft.. 1 Shamrock O & G--1 Sharon Steel Op * 2k 23 k 72 Rhodesian 4 21k X 2k 15k 35 73 k 85c 75 14 5* 4k 16k k k 23 k 42 3k X X 19 k 2 5k % cum pf__100 Reybarn Co Inc 1 Reynolds Metals. .* 5k% conv pf-100 Reynolds Spring 1 Reynolds Tob 10 B common 10 Rhodesian Anglo. 10s 7k New Penn Federal Corp. B 8k Selby Shoe * Sentry Safety Con.i Serrick Corp cl B..1 Servel Co 1 50 Rubber.* Preferred 65c 13 X of Am_* $5 pref B 7% conv pref A—* A 107 k 9* 43* Seiberling .... 72 39 §uaker StateChem-1 ademaker Oil- -10 Pa-Dixie Cement. v 9 150 13 k lk Radio Corp Units * Producers Corp-.25c Propper McCall'm.* Prosperity Co B—* Publication Corp--* 1st preferred. .100 Original pref. .100 Puget Sound Pulp & Timber com..* Penick & Ford Class Class com..* 8% preferred--100 6 % preferred- -100 --* * 414% preferred.50 Penn Glass Sand— Common vtc— * $7 conv pref * 100 Preferred Process Corp Proc & Gamble & Pender (D)Groc'yA 9 9k 5% conv 1st pfo-5 5% conv 2dpf—50 Price Bros & Co—* preferred- -100 Peck, Stow & WilclO Peerless Cement—* Vending com * pref Pressed Metals Am.* 6% Preferred 70 33 LambertHall warrants Republic Steel * 6% conv pref.100 6% prior pf A. 100 Respro Inc com—* Preferred 10 Revere Cop & Br..5 Class A 10 Pressed Steel Car— Pathe Film Corp-.l 7% preferred * Pea body Coal B—5 Peerless Weighing 25 7X 66k rights 100 Preferred 12k iIS 25* Preferred w w._25 Renner Co 1 Reo Motor Car 5 7 % cum 6 JX 22 sA Prentice Trans—* Parmelee 2k. 1 Prairie Oil & Gas.25 1k 5k k 7 stamped—5 Pref & 1 Rig 45 k X Potter Co com 40 6% 1st pref—.100 6% 2d pref 10 Parke, Davis Co—* Parker Pen 10 Parker Rust Prf.2k Park & Til ford Inc-1 Parkersburg A niAKSfi 70 11k Pan Amer Match.25 Transport preferred--100 * Reduction—1 Plant (Thos G)— 7% 1st pref...100 Pleas't ValWine Col Plough Inc -* Plymouth Oil 5 Pocahontas Fuel-100 Preferred 100 Polaroid Corp 1 Pollak Mfg * Poor & Co class B__* Pittston Co Plant 100 Preferred 100 Pacific West Oil-.10 Packard Motor * B Bond 29 Pittsb Term Coal-.l Common 8* 6k Pittsburgh Steel—* 7% pref B 100 5k% prior pf-100 5% pref A --100 preferred....* 2d preferred * pac Eastern Corp -1 Pacific Port Cement P 18 It* 9 8 100 2 Rem'tn Rand com.l 38c 107 8X 13 k 10k 101k 5k *18 k $1.50 conv pref.25 Remington Arms..* 11 2 Pittsg PI Glass--.25 Pitts Screw & Bolt.* 5 Preferred. Reliance Steel 41 (Pa)-.100 6% preferred- -100 Pitts Coke & Iron..* $5 conv pref * Pitts Forgings 1 Pgh Metallurgical 10 1st * * * Segal Lock <fc Hard¬ ware com 1 Seagrave Corp Sears, Roebuck Seeman Bros 10 (Illinois) * $2 conv pref Seaboard Oil (Del).* 10 k * Common 3 9X 24)4 X Pitts Coal * * k Reliance Mfg Co 38 "7" Pitney-Bowes Post. * Pittsburgh Brewing * Preferred * Pac Axner Fisheries 6 Pacific Can ..* Pacific Coast Co. .10 2k 28c Pirelli Co of ItalyAm shs 500 lire— Tire 6% pref * Owens-Ill Glass. 12 k Oxford Paper com.* $6 preferred A $5 preference 5 Pierce Oil Cushion Overman & Co-.* Seaboard Fin Oorp.l $2 cum pref w w_* 2I* u* 21 r 7% 1st pref—-100 Oil-k 40 * Scullin Steel pref. 50 Common * 39 Reiter-Foster Reliable Stores * * 25 Warrants Preferred 42 _ _ Scovill Mfg Scran ton Lace 6k 4k r * 25 3lk 3k 2X 17 Corp—25 8% conv pref. 100 Pierce Petroleum..* Pilgrim Explorat—1 Pillsb Flour Mills. _* Pines Winterfront.l IX 25k 34 Reis (Robt) 6* 8 Rad-5 Governor—* 14)4 * Elevator 99 Regent Knitting Mills Ltd 4 Pierce 8k 5k Preferred 35 X Pierce Butler 30 * 100 — Scott Paper 4 k % preferred Reliance Elec & Eng 26 preferred—* lk 3k 18 2)4 29 O'Sullivan Rubber. 1 33 100 (Daniel) 6k% pref Regal Shoe Reeves 40 X 3 5 Pkge Corp. * 32 k _ 30 Reed Roller Bit 42 8 % preferred _ . 100 Schwitzer-Oumm 1 5* 26 Preferred 61 4 Pictorial Paper 14k Reed Prentice com.* 12 30 5 38 preferred--100 (Albert) com.l Preferred... 3k 17^ I-* Record com.* Preferred—..100 aillip-Jones Corp.* 7% preferred. .100 Philip Morris see M Phillips Packing—* Phillips Petrol * Phoenix Hosiery—5 Pick 27 1 3 11 Phil & Read C & 7% Reece Fold Mach.10 60 Phila X 1 Oneida Ltd coml2k Preferred 25 Onondaga Pottery.* Ontario Mfg com..* Oppenheim Collins.* Oshkosh B'Gosh—.* Otis 3* Prod--* $4 preferred- .—- * $6 preferred * Phila Insul Wire—* IX Warrants Omar Inc Conv 41k Phila Dairy Ohio Forge & Machine Corp Reece Button HolelO 8 Rub-1 Schulte Retail Sts.l 17 k lk 8 Phelps-Dodge 25 News. 10 100 * Preferred Petrol Pfeiffer Brewing—* 20 OgUvie Flour Mills. * Oakite Products Ohio Brass B Petrol Petrol share X X 3)4 sharp 1 Noxzema Chem share Par Per share Par Ask Bid Stocks Ask Bid Stocks Ask Bid Stocks Ask Bid Stock* 89 MISCELLANEOUS STOCKS INDUSTRIAL & Dec., 1938] 12k 73 X X price, t New stock, x Ex-dividend. lk 3k D 5k 5k 16 k 35* 3* 20 3k 39 k 14k 42 k 13 k 65 k 3k 27 k 24 107 k 4k 90 INDUSTRIAL Quotations for all securities Stocks Bid Ask Stocks Par Btahl-Meyer com..* Thew Shovel Preferred——100 10 4%% Products com.lOc Preferred 6 Stand Commercial 2% 13 % 28 38 6% 51% 20% 6% preferred..100 Standard Plastics Standard Products. 1 Standard Screw..20 Preferred A 100 Stand Silica com 1 103 % 9% 36% Stanley Works 25 Starrett (L S) Co..* Starrett Corp— Common v t c—1 Steel Co of Can...* Preferred Sterchi Bros * com 4% 6% 1st pref—60 pref 20 Sterling Aluminum Products 1 com 6% 3% 3% 70 Sterling Brewing—-1 Sterling, Inc 1 Sterling Products. 10 Stern Bros common 1 4 Preferred A.—* Stetson (JB) * Preferred ...25 Stewart-Warner ~7~~ 15 10 6 ... Stlnnes (Hugo)Oorp6 Stix Baer & Fuller. 10 m Stokely Bros—1 6% Oonv pref 25 Stone & Webster-.* Storkline Furn 10 Strawb'ge & Clothier „ 16 96 Strouss Hirshberg 6% iF * Struthers Wells Titus ville com * 1.25 preferred..* 4 8% 7% Studebaker Corp.. 1 Submarine Signal_25 11 B__ Superior Sutherland Paper. 10 m *2.60 pref. * Talcott (James)...9 5^% partic pf_50 iaion Inc common.5 Tampax Inc Tastyeast Inc 1 Co 5 Taylor & Fenn_.100 Tay or (K) DistTay lor-Wharton Iron & Steel com. * Inc.. * Technicolor Telaut'g'ph Corp. 15 Tennessee Corp.. 5 Tennessee Prod * Warrants —Z. Term & Trans Preferred Texas Gulf _ . com. 1 * Sulph.I* Tex Pac Coal & OillO Texas Pacific Land Trust old stk..l00 Ctfs sub shares.. 1 Texon Oil & Land..2 Thatcher Mfg < $3.60 conv pref.. * Tbermoid Co 1 $3 conv pref.-.10 12% 84% 6 18% 27% 16% 12% 20% 57 22 United Aircraft Un Aircraft & 38% 38% 5 \F 34 7% 47 39% 9 8% 6% 5% ji 30j 8% 49% 41V 9% 32 90 H % 8 9 21 6 Mfrs v t c 2 16% 115% 67% 17% 25 22% 1% 1% 32 6 1 13 43% 4% 32% 9% 800 5% 4 :P-5 5% 2% 1% 5% 2% 2% 7% 7% 74% 6 70 7% 34% 35 58 58% 7% 7% 23 80 United Molasses Ltd Amer dep rcts..£l 5% 5% 7% 75 "% 2% % 8% % 10% 8% 4 23 56 4 15 18 9% 1% 10% 81% 42 15 6 47 98 188 conv pref.100 tJ S Envelope 100 Preferred 100 8% 4% IF iF n 50 102 Finishing 7 % pf* 1 2 FoiiB__l_—..1 Freight Gypsum 6% 10% 104% 172% 7% 6% 10% 105% 7 » 20 ^preferred. 100 _ U 8 Hoff Machin !y5 5%% U 8 Iod conv pf_U50 Alochol.C.* U 8 Leather com..* 7% k Last sale, 1 U S U 8 U S cum pr pf.100 Nominal r 75 25% 9% 59 26% 10% 112% Venezuela Mex OillO '■■'"m —— 27% 5% 8% 34% 28% 5% 66 114 44 7% 1% % Holding. 1 1 ertientes-Camag'y Sugar 3 5 Viking Pump Preferred.. * 38% 39 14 16% 40c 45c" * ... . 27% 77% 57 12% 1% 19% 13% Common 7 85 * 7% first pref .100 106 7% preferred. .100 Whittall (M J) — 5% preferred 10 10c Spencer 6% 8% 78 Suchard Chocolate com 50c Preferred $50 Willcox & Gibbs._50 Wilcox (H F) Oil 6 Gas 5c V* t .5 Wm Oll-O-Mat Williams (R C) Wil-Low Oafet 6% part pref..100 Iron O & C..100 18% 3% 25% 2% 5% preferred-.100 VogtMfg 10% 8% Vulcan Corp com..* 27 F 1 Wahl Co 4 26% 3% 13 9% Preferred 7% 8% 7% 1% 7 % 7% S* 87 Good'm 8c Worts com..* 50% Cement com Wolverine Tube 20% Petrol Preferred 100 Woolw'th (F W) .10 Woolworth Ltd— 118 50% Am dep rects ord. Worcester .Salt. 100 8c Mach _♦ 20% 100 6% pref B....100 65% 50 preferred 4%% series 14 2% 40 conv prior 100 * 114 73 Wurlitzer (R) comlO Preferred 100 75 6% 39% 3% Yates-Amer Mach.5 10 Yellow 3% $1 cum. 1st pref.* cum pref. * 3 14 Warren Fdy 8c Pipe * Warren (Northam) $3 conv pref * Warren (S D) Co..* 4% 28% 29 43 45 21% 20% Wayne Pump_____l Webster Eisenlohr.* 21% 10 31 Waukesha Motor..5 Wayne Knit Mills_5 11% 31% 3% 7 % preferred.. 100 Weisbaum Bros 4 3% % Yale & Towne 25 Truck 31% 1 & Coach Mfg cl B..1 7 % preferred. 100 York Ice Mach * 7% Preferred..100 Young (J S) Co. 100 Preferred 100 18% 103 % 7% 52 77 124 & Wire 5% 15 Door common Youngstown Sheet 1% 19% * 24% A * 5%% pref.. 100 Youngstown Steel Car Zenith "3% !* Youngstown Steel Tube 106 , 7 Young (L A) Spring 60 4% 14% 36% Wyoga Gas & Oil. % . 16% 47 Wrigley (Wm) Jr..* 2% $3 1 prior preferred 100 Wright Aeronaut'l.* 7 * 104 7% pref A 30 8% 8% 13% 44 . Preferred.. ...100 Worthington Pump 4%% sF 1 5 * 25% 54 90 Corp— 7 % preferred.. 100 Warner Bros. Pict._5 $3.85 conv pf * Warner Co com...* 5% 1 . Woodward Iron.. 10 Woodw'd & Loth'plO 85 27 13% 6 53 1 3% Newspaper Machinery pref. 8 * 2 7% preferred-. 100 Woodall Indust 2 Wood (Gar) see G 6 .* 3 7% 10 Wood (Alan) Steel.* 51 19% 7% 7% 22 Prior pref units "5% 7H Preferred * Waltham Watch cl B 7% prior pref.100 6% preferred ..100 Walworth Co * 6 % preferred. .10 Ward Baking 5% Goodwill ....... Wood 17 85 115 50 The Woodley 6% Walgreen Co com..* 4%% pref ww 100 Ex-dividend 100 Station.. 5 Wolverine Portland 38 ♦ * x 2% 5% 4% 42% Winters & C'mpton 1 Witherbee Sherman 30 6% Class B ...» Waldorf System ...» I New stock: Preferred 75 118% 5% * t c..l Brower com 1 Welch G'pe Juice 2 % Preferred 100 Wellington Oil. 1 Wells Fargo 8c Co__l * Willson Products._1 Wilsonite Corp.. 1 Wilson-Jones * Winsted Hosiery 100 71% 7% preferred-.100 Com class A Com class B 3 * * pref 36 DetinninglOO Waitt&Bond Inc A 18% 1% 4%% prefnewlOO 3% pref new..100 Waco Aircraft Wagner Bak v Conv WJR Victor Brewing 1 Victor Chemical 5 Va-Car Chemical..* Vulcan 3% % v t c.3 11 Canadian price. 30 . common. .5 Vicana Sugar 70 10% 33 I White Sew Mach .* $4 conv pref * White (SS) Dental 20 White Rk MIn Spgs- 63. 7 42 29% 5% conv pref..30 Weyerhaeuser TImb* Wheel Steel Corp .* 6% Preferred..100 $5 conv prior pf.* White Motor 1 Wilson & Co... * $6 preferred * Wilson Line ..._* Warren Bros 7 5% Weyenberg Shoe Willys-Overland 1 6% conv pref.. 10 1% 10% U S 950 sF 33 70 4 6% lly 37 17 ._* 4% 28% Preferred.; 4% A 33 12"" 3% % Class 27 82 41 Westland Oil * Weston El Instru..* 32 3% * 25 United Specialties. 1 U S Distributing * 32 30 5 117 138 Mfg com....50 7% 1st part pf_50 Steel common.. 10 Wieboldt Stores * Prior preferred * 25 80 2% 28% common. _* & Wilbur _ % * 1 24 1 % 14 Westinghouse Elec $4 preferred * Van Dora Iron Wks* Van Nor Mach Tool " 7% 21 Union common. _* Western Tablet 8c Station CiT * Westinghouse Air Wickwire 24 77 & 8% preferred..100 Vanadium Corp » Van Camp Milk * Walker (H) 68% 1 25 22 $4 conv pref 5 Valvoline Oil comlOO 33 7% 5% 1% 5%% prior pref. Valspar com _ Pipe common..25 50 00% _ 22% 1% 16% 50 Whittaker Paper— 47 Common. * 7% cum nref- _100 Valley Mould & Iron Common * 95 4 Whitlock Coil Corp— _ * Class A Class B Un Shipyards B Class A Un Shoe Mach 6% 2% 14% Common 10 Western Dairies 1 $3 preferred * Western Groc Ltd.* r Preferred 100 r Western Newspaper .... Va 1 Unit Paperboard. 10 Preferred.... .100 Unit Piece Dye com* Preferred 100 United Profit Sharing 25c 10% preferred--10 United Screw & Bolt 5 7% preferred. .100 Vick Chemical 68% 19% 4% 45 Preferred 20 < 45 17 118 * _ 4 iF Vadsco Sales 12% 1% 40 Electric United Milk Prod. $3 part pref 8% 1% „ Pulp Pap..* Preferred. 100 Western Air Expr. .1 West Auto Supply— ?F 13 V 12 5 Coal Cos com...5 Un Eng & Fdy 5 United Fruit * United Merchants 158 Venezuelan Petrol. 1 United Air Lines . 16% 7% 1st pref 100 Veeder Root Inc ._* Transport warr'ts. United 13% 81% Utah Radio Prod-.l Utica Knit Co...100 Venezuela 18% 13 81 64 7% 1 Va Van Raalte Co 13% 25 4 8% 6% 32 19% Un St Yds Omaha 100 Union Tank Car...* Union Twist Drill..5 Part conv& cl A_* 12% 84% * 1% 39 . ♦No par value 69 1% Stores com 1 Conv preferred .15 . 18% 7% 68 18% 155 6 Preferred 100 Utah-Idaho Sugar .5 Preferred 10 3 26% 35% 11% 4% 6% 5% Chemical..* 30 7 14 cl A.l Taylor-Colquitt 83 26% 34% 11% 4% 5% 3% 80 4% 16% 2% 33 % 79 % 4 * Westvaco Chlorine. * 5$ dH • 8% 1st pref 100 Universal Prod * Upson Co com. 12% 13% 9% 52 'A 5 Universal Pictures .1 ii* 3% 8% 2% 48 * 1 W Brake IF 1 pref....* Univ Leaf Tob * 8 % preferred- .100 2% 7% $3 part pref * United Cigar Stores— 3 conv 4% 44 pf_25 Universal-Cyclops Steel Corp 1 2% 75 Mfg. .10 Union Bag 8c Paper United Oigar-Whalen Stores com..._ 10c $5 preferred..._.* Un Drill 8c ToolClass A * Class B * Warrants United Drug 5 United Dyewood.10 7% preferred 100 4 70 6% prior pref.100 Universal Corp vtc.l Universal Cons OillO 36 United 20% Swan Finch Oil... 15 Sweets Co of Am.50 Sweets' Steel Co.—1 10% 4% 6% preferred..100 Steeil—100 $6 w iF SF Preferred *.100 United Biscuit * 7% conv pref. 100 United Carbon * Unlted-Carr Fast..* 43 13 non-cum Jy* 66 68% 64% 115% 32% United Stove 1 Un Artist Theatre.* Silk Mills class A....1 Class B i Sylvania Industrial * Symington Gould— Common w w ...1 Common x w 1 Taggart Corp l 2% 2% 36 Susquehanna Swift & Co 25 Swift Internat Ltd— dep ctfs of bear shs 9% 4% 3% 45% • 9% 2% 30 sF Cement A pref..* * pref W Va Coal 8c Coke. * 4* * conv Steel Foundry 2 3% : * United Wall Paper .2 10 127* Corp Vot tr ctfs 56% Sunray Drug 1 Sunray Oil i 6% % conv pf__50 Superheater Co * Superior Oil Corp.11 Superior Oil (Cal) 25 Superior Portland 7% 9% Ulen & Co com * Series A pref.—.* Series B pref...* CJnderw Ell Fisher.* Transport _ 7% 2% l common 114H United Stockyards— Common 1 Conv preferred..* United Stores A * 14% 7% Common * $1.50 preferred..* Twin Coach com 1 28 Sullivan Mach'y...* Sundstrand Mach Tool common 5 Sun Oil com * 6% cum pref.. 100 Class 2 80c div conv pref * 20th Crnt Fox Film _ 6 & Union Carb & Carb * Union Mfg 25 Union Oil of Calif. 25 Union Premier Food 49 U S.Sugar Preferred U S Tobacco 4 7% preferred. .100 Tung-Sol Lamp 1 Corp i5k 27% 32 14 Trunz Pork Stores.* Truscon Steel 10 Tubize Chatillon._l 7 682643- U 8 Steel Corp * 7 % preferred. .100 U S Stores com * 26 15% 24% 25% $4 2% 12 West Indies Sugar. 1 West Michigan 8% 4% 13% 5% 49% 105% 64* U SSm Ref & Mln50 Conv 1st pref—* Unexcelled 13% 6% preferred..100 7% preferred.. 100 Stromberg Carlson.* 6% preferred.. 100 Stroock & Co • 5% 104% U SRubbRecl--..* 4% 2 100 A - 8% n-culstpf-100 73 Transamerica Corp 2 Class 12% - U 8 Realty & Imp. US Rubber 10 16 _ Nov. 14 10 6% 2d F ...1 6% preferred—.50 63 Triumph Explos 2 Trojan Oil & Gas of Delaware 1 Truax-Traer Coal. * ...100 14 233 * -50 - Per Wentworth Mfg_l% Preferred .* Wesson Oil & Snow¬ drift com. * 31 22] 7% preferred—.50 Am dep rets def__ Todd Shipyards * Tokheim Oil Tank 6 Pump 5 Toledo Shipbuild—* Torrington Co * Towne Securities..* 1\ 13 pref.20 conv Bid Par 44 to4! U S Radiator 4 72 I % 1 . 50% 13% Stocks Corp Common.... Preferred- 138% 16% 58% 4% * Tob Prod Expts * Tobacco Secur Ltd— Am dep rets ord £1 Ask Per share U S Postal Meter. U 8 Print & Litho— 14 49% 2% Trico Products * Triplex Safe Glass.* * $1.50 IW 94 16 Steel Forging * Transwestern Oil .10 25 com \F West Air Line 5 Trans Lux Daylight Picture Screen..1 Transue & Williams Stand Steel Spring. 6 Stand Tube cl B 1 13 109 Transcontinental _ U S Plywood Common. 2% 13 134 Preferred Trane Co Bid U 8 Lines pref * U S Pipe & Fdy..20 U S Playing Card.10 105 2% 91 Tobacco & Allied Stocks, Inc Common.... 1 $1.60 cony pref.20 Stand Oil (pal) • Stand Oil (Ind) 26 Stand Oil (Kan).. 10 Stand Oil (Ky)_„ 10 Stand Oil (Neb)..26 Stand Oil of NJ-.26 Stand Oil (Ohio)..26 Co 103 Timken Roll Bear.* Tlshman Realty.. Tobacco com 1 Standard Dredging (A) & 25% 4% 26% pref.* conv STOCKS Par 15 7% preferred.. 100 preferred.10 Stocks 14% Tilo Hoofing com..l Time Inc com * Timken-Det Axle. 10 Standard Coated Preferred.. 6 Tide W Assn Oil.. 10 Stand Gap 8c Seal—1 Oonv Ask Per share Thompson (J R)._25 Thompson Prod—* $5 conv prior pf_* Thompson-Starrett * $3% preferred * 7% Preferred. >100 $5 preferred—* Standard Brands..* $4.60 cum pref—* Standard Brewing..* Stein MISCELLANEOUS possible for the closing day of the month preceding the date of issue Bid Par Btaley Mfg Co & are as near as common 5 Radio * Zonite Products 1 51% 82 2% 19 3% United States and Municipal Bonds possible for the closing day of the month Quotations for all securities are as near as preceding the date of issue bonds yield per annum. Therefore, published—either actual figures or on a for State and municipal securities is to quote them on the basis of the return the below, it will be found that for the single maturity bond a bid and asked quotation is percentage basis. In furnishing prices for the serial bonds, however, we endeavor to obtain the yield basis for the a certain bond matures from 1937 to 1951 and is quoted 0.50 to 3%—would indicate that the 1937 maturity yields yields 3 %. Therefore, in the following list, it must be remembered the word to indicates that the figures shown are the yield The custom In reporting prices In furnishing the prices varving maturities. For instance, 0.50% and the bond due in 1951 basis; all other figures are bid and asked prices. Yield Basis Bonds UNITED STATES—See also pa ge Treasury Bonds— 4Ms Oct 15 1947-1952.A&O 4s Dec 15 Ask 118.17 State Bridge 19. 3 Ms Oct 15 3 Ms Dec 15 1949-1952 J&D 3s June 15 1946-1948-J&D 1951-1955.-M&S 2Mb Mar 15 1955-1960 M&S 2 Ms Sept 15 1945-1947 M&S 2 Ms Mar 15 1948-1951 M&S 2 Ms June 15 1951-1954 J&D 2 Ms Sept 15 1956-1959 M&S 2 Ms June 151958-1963 J&D 2 Ms Dec 15 1945 J&D 2 Ms Sept 15 1948 M&S 2 Ms Dec 15 1949-1953 J&D 3s Sept 15 101.30 101.31 1M% Mar 15 1940 1M% June 15 1940 1M% Dec 15 1940 1M% Mar 15 1941 1M % June 15 1941.... 1M% Dec 15 1941--1M% Mar 15 1942 2% Sept 15 1942 1M% Dec 15 1942...1M% June 151943 Home Owners' Loan Corp— 3% prin & int guar '44-'52 2 M % prin & int guar *39-'49 2M % prin & int guar '42-'44 „ 108.27 1M % prin & int guar 1939— 3% int & prin guar 1944-'49_ 3 % int & prin guar 1942-*47_ 2 M % int & prin guar '42-'47 M% notes July 20 1941 M% Nov 1 1941 - 6 3.10 2.90 38 108.6 Gadsden 6% impt long mat— 5s schools 19§9-1940 -A&O Hunstviile 5s funding Mar 1 '42 104 106 100 102 98 101 106.19 104 Pub Imp ref 5s 106.27 105.5 103.19 4Mb Ot House 4Ms Ref 103.25 & 4 Ms 1939-1968 Gen fund 4Ms 1941-66 o 111 99 99 102 to 1.25 3.80 6 2.00 to 3.30 to to 2.95 Waterworks F&A to 3.50 % b 2.65 to 3.55 1939-1943-F&A b 0.75 % to 4Ms Mun Imp '39-'43-F&A 4Mb 1939-1965 --F&A Oakland 8 D 4s 1939-44--J&J Orange Co 5s 1939-45—M&S Pasadena 4s 1939-42—--J&J Badlands 5s 1939-51—J&J15 Riversid" 5s 1939-53— -J&D Riverside Co 5s '39-'54--M&N Sacramento 4s Jan *39-*45—- b 0.75 b 0.75 to 1.75 3.60 % 6 4.00 0.90 b 0.90 b 0.25 106 to 100 102 103 100 28 1939-1968—-——J&J 39- 46 J&D San Diego 5s W W'43- 54A&0 5s Water 1939-63--__,_J&J b 0.40 to b 0.25 27 to b 2.10 b 1.00 to 1939-1966-.-F&A b 0.90 to to Oakland 5Ms 106.31 106 106 M to 3.15 to 2.95 0.50 to 3.15 4s Wat 0.75 to 2.60 to 2.90 6 3.25 Distrib 1939-53 J&D 4s W .t Distrib '39-*63 J&D 2s 1940-1949--- —-----J&J San Joaquin Co 5s 39 49.J&J Santa Barbara 5s '39^41-JanlO 4Ms gold Aug 1943—F&A Turlock Irrig Dist 6s West Side Irrig Dist 6s / 6 4.20 6 4.00 6 3.75 6 4.00 6 3.00 CANADA—See 94 91 2 Ms State 89 90 ........ 100 M 107 M 4Mb funding 1963 J&J b 3.45 112 5s July 1948 opt '43—J&J 6s Jan 1 1950 opt *44—J&J b 2.50 -J&J b 3.15 J&J b 0.75 112 3s warrants _ _ _ 87 86 _ _ '80 79M 89 90 89M b 90 M Ref 4Ms 4Ms 4Ms Ms 6 b b b b 3.10 101 2.95 3.15 2.80 3.05 b 2.70 2.40 4s pub highway 1949-51-M&S b 4s refunding 1941-54—-.J&J b b 3 2.80 2.65 2.70 100 M County)— 1.80 1.60 0.50 to 2.40 2.40 0.50 S D No S D No 101 110 102 103 1962-1965-J&D 1 4Mb 1939-53 J&J 1 4 Ms 1939-47-J&D 48 July 1941-1945. ——J&J 3.65% March 1, 1950-54—2Ms Sew dist 1947-56.A&O 3s 1963-1972 opt 1955-A&0 112 to 2.90 Mun Water Moffat Tun 0.50 to 2.30 5 0.25 to 2.25 0.50 to 3.00 5 Ms 5 Ms 0.25 to 2.60 58 T.bo" Ms Imp D— 1944-1963 1947-1956 1964-1973. i 4- 1974-1983——•£ J&J J&J J&J J&J to 2.25 0.50 to 2.00 1.40 tc 1.90 2.20 to 2.25 1.90 to 2.25 2.35 2.25 b 2.40 2.30 1.90 to 2.20 U16 1117 J125 U24 to 131 to 128 to 129 to 128 CONNECTICUT to 1.50 to 2.25 J&J to 2.30 3s Feb 1939-1952 F&A 2 Ms Feb 1 1939-1954-F&A 0.25 to 2-35 0.25 to 2.40 2 Ms Feb 1 1939-1954-F&A Alameda 4s 1939 to 1941-J&D 0.25 to 2.35 0.90 to 1.10 4 Ms Mun Imp '39-'48.A&0 1939-1952-A&O Berkeley 5s 1942-1951 J&J 5s School 1939-1955 J&J East Bay Mun Util Dist— 5s 1939-1974 J&J 0.40 to 2.30 1.00 to 2.80 Bridgeport— T, T 5s Refunding 1939-48—J&J 2 Ms Refunding 1939-47 J&J Bristol 5Ms 1939-1957—-J&D 1.20 to 0.25 to 2.60 2.80 D3Msr?und 3 Ms Jan 1941-1943 1944-1948 1 1940-1949 J&J2 J&J2 lMs Veterans Welfare— East Contra Costa IrrigDist6s [Bradford to 3.10 to 3.20 % 59 1940-57-J&D 1941 tax'le.A&O Hartford (Town)— 4 Ms School 1939^59—M&N 1 Ms 1939-1945F&A Fairfield (County)— 0.15 to 0.85 1.00 to 0.97 2.10 0.50 to 0.50 to 2.00 0.35 to 1.70 0.50 to 2.15 1.20 1.10 0.35 to 2.25 0.25 to 1.50 J&D 0.25 to F&A 0.35 to 1.45 F&A 0.35 to 1.50 0.25 to 1.75 to 1.80 0.50 to lMs 1939 to Greenwich— 3s 1939-1944 1 Ms 55 1950 1939-1947 Hartford— 2.25 to 2.90 1 2.80 to 2.90 J Bid prices for lowest and highest maturities, (T) 2s J&D Ms 1939-1953 M&N 3 Ms Bridge 1954-55—J&D 96 Golden Gate Bridge & H'way3 Ms series O 1942-1971 - J&J 6 1.50 Imperial Irrigation District— Refunding 6s 1983 J&J Refunding 5s 1983 1944-1958-- East 0.25 building bonds—1939-1943 —J&D Funding and 4s to to 2.70 1955——J&J 1.90 4s Jan 2 3.00 99 M 2.50 103 0.25 1.00 1939-1943—M&S 0.90 5s Jan 2 110M 113 1.00 to 3.20 2.80 35 b 1.00 Retire 1963-1972 opt 1955-A&O 2 Ms Sewer Disp'47- 56A&O Univ Bldg Jan5'39-65J&J 108 M 2.95 l 1.65 4Ms Water 105 103 102 Highway 1939-48-J&J30 i939-1947 F&A Olympiad 1939-71-J&J2 Ms 1939-1952 F&A 4s Harb Imp 1985 opt '50.J&J % I 4.10 4Mb Water 1944— -—-J&J 4Ms Ref Wat 1939-67-J&D 102 CALIFORNIA to 1.50 ALABAMA Tax-free in Connecticut. lMs Water ext 2s Denver (City and 3 Ms 114 to 1.15 Colorado Springs— 102 — *39-'54-J&D H'way 1939;1951—-J&D 2 Ms warrants 1952-'54-_-J&D 2s Highway ref, 1939-'47_J&D 101 to 1.35 to 2.25 0.50 |; COLORADO to 2.60 2.90 0.75 to 2.20 to 2.45 0.90 94 to 2.60 3.20 % 112 2.15 0.75 I 93. Bakersfield 5s 109 M 111 6Ms Aug 1941 -------Puerto Rico 4 Ms July 1952J&J • page 93 M 90 5Ms 1955-1965 5s 1959 opt 1939 107 M 108 102 to & County) 1 1 to 2.60 93 4s 1958-1960 106 M 106 M to 95 4s 1944 to 1.35 to 0.50 93 M 93 M 4Ms Fund 1941-1950-M&N 4s Water Rev 1939-76-F&A Little Rock S D 4s '39-'55 M&S St Francis Levee Dist— 1.75 117 to % % 3.15 2.05 2.85 2.20 3.05 3.15 3.35 3.00 3.25 2.25 2.85 Little Rock— to 2.60 to 3.00 4Ms 4Mb 1939-1951.-----—J&J 4 Ms Water 1939-1977. -J&J - 1.50 b 0.90 to 1.40 6 3.75 4M~4s——J_ 4M-4s i-4s_ _ 3s 1949-Jan. 1 3s Attorney Gen opt 1944 3s Rose, Hemingway opt 1944 Hot Springs 4Ms '39-'50-M&S to 0.25 to 3.00 0.90 to 1.85 0.25 5-4s 1968-1977*. to 2.60 u 1939-1969-—J&J Water *57 *58, '59.J&J 5-4s 1961-1967- 5-4s 1954-1960 2.60 to 2.35 5s Water 97 94 5-4s 1949-1953 100.14 100.16 100.13 100.15 to 3.00 b 0.60 b 0.90 b 0.75 1939-44.-J&J 3Ms g July 1. San Francisco (City 4%10 }.90 6 4.75 ARKANSAS 5-4s 1943-1948 101.25 101.28 _ 3s 6 3.75 Highway 6s Jan 15 serially. Phoenix 4Ms '50 opt '30-J&J 4Mb 1939-1956 J&J 4 Ms Court Hse '38-'48.J&D 6s Jan 1 1946 J&J 5s W W 1939-1950 J&J Phoenix Un H S D 4 Ms 1948 Prescott 5s 1948 J&J Tucson 5s Water 1950 J&J California— Sacram'to Co 4Ms ARIZONA 3.15 District 1946-1986 Modesto Irrig Dist 6s ref 4s 3.60 % 3.50 3.90 % to 3.45 to 2.45 0.90 5s School 100.16 100.8 1.10 0.90 2.60 Colorado River 101 99 Tuscumbia refunding 1 %to4 % 105.29 104.30 105.1 100.31 101.1 3.00 % 0.90 of Southern to 3.90 f to 3.50 City High Sch 3.50 3.60 103 V&:::::::::::::::::: 106.15 to 2.00 1.00 2.25 Metropolitan Water Maricopa County— 8chool No. 1 6s 1945--J&J 6 3.75 106.29 106.13 105.27 ^ A&O 99 97 4.00 100.13 100.15 102.19 102.22 101.31 102.2 M&N 1955-65—J&J M&S Tuscaloosa (City)— 5 Ms serial — 104.9 100.22 100.24 98 M 99 M 2.90 to 3.25 4Ms Wh & Har *39-'52_J&J b 0.90 4Ms Water 1939-1964.---- b 0.90 J&J \ 97 J&D 104.7 2.10 Pub Imp 4Ms 1953—A&O 114 4 Ms Oct 1956 opt '46 A&O 4Mb Nov 151939-58--M&N b 0.25 0.50 Pub Imp 3.10s *39-*56 M&N 0.50 Pub Imp 2Ms 1939-57.J&J 1.00 2.10s July 20 1941-1945—0.75 1.70% refdg 1940-44.M&S 0.75 1.75% - efdg 1940-44.M&S Philip Isls 4Ms 1952 J&J 105 M 105 M 4 Ms 1950 - Ms refunding 101 105 J&D 4s 15'39-'56_M&N15 8Ms renewal class C 1956-J&J 4 Ms harbor impt June 1 '39-'73 4Ms highways 1952 M&S 4Ms 1956 and 1959 M&S 4s renewal July 1,1956 4Mb 1942. 1946, 1949—M&S 105 99 106 1939-1957 J&J 104 ollO 6s ref pub impt '39-'53 M&N t 101 t 6 3.20 % 3.30 Tuscaloosa Co 6s Bridge 1941 to 2.40 gold 1953-6s July 1954 opt 19432 Ms 1939-1946 103 5s W W 5s Road 1957 t 1.25 Dig 1939-1960--M&N 5s 1939-1964 F&A 4s 1939-1945 J&D 4s 1946-1961 J&D 3 Ms Jan 1 1939-1960----Los Ang Co 4Ms '39-'49__F&A Tuscaloosa— 106.15 106.17 102.11 102.13 0.50 4s 1939-1952 to 3.70 to 3.65 to99M 1.25 ^-A&O Los Angeles 5 Nov 76 74 Montgomery— 5s funding 1939-1966--J&J 4 Ms Sanitary Sewer Jan 1'44 6 Montgomery Co 4Mb 1957-59 6s Road 1951 J&J 6 6 Morgan Co 5s road 1952-F&A Selma (Citv) 5s-6s 1938-1955. 6 2 Ms 1 1.25 1948-1958-.---J&D 3Ms to 2.90 to 3.15 2s 1939-1942 3.60 % 1.25 3s 1943-1949 4Mb June 1 1939-1948 5s School May 1 1945 to 2.50 4Ms Oct 1959 5s April 1955 5s Feb 1952 to Refunding 2-5s Jan. 1 1966- U S PO SESSI ONS 4Mb 1957 to 3.30 6 2.00 Mobile Co— 102.3 102 0.75 3 Ms Sept 15 1940-53-M&S Hawaii Terr 4 Ms '49.M&S 15 b 0.50 b 2.10 4Mb Jan 1945 ----- Ms Nov 6 2.25 Mobile City— 102.6 106.4 104.25 104.27 103.25 103.27 101.7 101.5 Honolulu (City & County)— 5s Pub ixnpt 1956--J&D 15 6 2.90 5s Jan 15 1939-'56—J&J 15 b 0.50 4 1939-43 M&N 1939-1961—A&O to 3.40 0.75 1939-77 J&D 3Msser A 1939-1977-J&J 3 Ms 8er B Jan 15 '77 J&J 102 100 1938-1962- to 2.35 0.90 J&J 1939-1968 to 3.40 0.90 i I i to 1.50 0.90 3 Ms County— Jefferson . TERRITORIES A&O 1941 M&S 36 Federal Natl Mtge Assn— 2% notes May 16 '43 opt *39 Reconstruction Finance Oorp to 3.50 1% to 4%. urn 1939—. 1.10 0.80 1939-1969 — M&S Municipal 1939-61--F&A 5Ms Harb Imp '39-'61 M&N 3 Ms Wat Rev '39-'48—J&J 3Ms Sch Dist 1939-61—J&J Electric Plant Revenue— Ref 4s 1939 to 1975-J&D 3.40 to Florence refunding 1M % int & prin guar 1939-_ Bonds Federal Land Bank — Farm Loan 104 M 104% 3s July 1 '55 opt '45-..J&J 104 M 104% 3s Jan 1 '56 opt '46—-J&J 104 M 104% 3s May 1*66 opt *46—-M&N 106 111M M% notes Nov 2 to 3.50 95 108.14 102.1 102.11 102.9 102.12 102.14 102.25 102.27 102.25 102.27 102.19 102.21 102.15 102.17 103.24 103.26 Federal Home Loan Banka— 1% series E July 11939 2s Dec 1940 2s Apr 1 1943 — Federal Farm Mtge Corp— 3 M % int & prin guar '44-'64 to 3.40 6 2.00 % to 3.45 0.90 ~I03M 6 2.25 4 Ms 1939-1960 5e sewers Sept 20 102 102.1 0.90 5s 90 Birmingham— 100.1 101.17 101.19 2M% June 15 1939 1M% Sept 15 1939 1M% Dec 15 1939 to 3.30 4Mb New ref various coupons— S Treasury Notes— 1M% Dec 15 1938 Mar 16 1939 to 3.15 to 3.30 102 109.25 Net to 3.30 to 3.30 1939-1947-—J&J Bessemer— 104.29 102.1 2Ms Sept. 15 1950-52.M&S 10i.31 102.1 121 3s Panama Canal 1961—Q-M 119 110 3s Conversions 1946 Q-J 108 110M 3s Conversions 1947.....Q-J 108 M U WatWks 1956-76 M&N Water wks 1952-75--Water 1939-41- -A&O Water 1939-70-—A&O Sch 1939-1944—J&D 3Ms impt ref 1939-50-J&J 6 2.50 3 Ms Imp ref 1942-1958 A&O 4s 1939-1961— A&O 6 2.00 102 58 schools 114.5 112.27 112.30 105.10 105.12 106.29 106.31 109.27 109.29 107.12 107.14 109.23 108.25 108.13 108.4 106.17 103.31 106.25 105.4 103.17 103.23 102.4 106.2 104.27 1.25 2.90 3.05 1940-1962 4s Ask 2Mb 3Ms 3 Ms 4Ms 4Mb 4 Ms innlstonref g 5Ms Dec 1 1939 1943-1945-A&O 109.22 109.24/ 3 Ms Apr 15 1944-1946-A&0 3 Ms June 15 1946-1949 J&D (City)— Los Angeles 101 99M 1 1957— To Bid Bonds Net 102 101 Corp 4s 1938-1951 Bridge Auth. 4s July 118.19 1944-1954—J&D 114.3 Mar 15 1946-1956 M&3 June 15 1940-1943 J&D 3 Ms Mar 15 1941-1943 M&S 3 Ms June 15 1943-1947 J&D 3 Ms Aug 1 1941 F&A 3 Ms 3 Ms Ask Bid Bonds Net or To or To or Bid Yie d Basil Yield Basis b Basis. Flat price, n Water 1940-1949—J&D Nominal. 1.60 1.70 1.55j 92 STATE Quotations for all securities AND are as near as MUNICIPAL Yield Basis Bonds Ask b 2.75 2.60 \ b 2.70 2.55 s f 7s ser A 1945 J&J Certificates of deposit Extl s f 7s ser B 1945._J&J *4Ms 1939-1944. Middlesex County- r b 0.60 to 1.70 % r b 0.25 to 1.70 % (6o)r ♦4 New 1.75 i b (s sch< 0.25 to 1.80 % lavenI b 0.50 to 2.00 4,, ) 6 to 1.80 0.25 H ndon- 3 b 0.50 > b 0.35 to 3.15 5 b 1.80 to 3.15 ^40 ) 3 b 0.35 to 3.20 I b 0.30 2 Ms 1939-1961 Stamford (Town)— to 1.90 I b 0.25 to 2.60 I 6 0.35 to 3.00 ) b 0.25 to 2.50 J b 0.50 0" b 0.60 K* to 3.15 % 1 Water bury— 6s Water 1939-1971. -M I 6s Funding 1939-1943.M4 . J b 0.60 2.30 to 2.40 ^ b 0.60 to 2.40 T b 0.90 ) to 2.00 3 b 0.25 to 1.80 % 4 Ms Sewer 1939-1955.. J 3s Street 1939-1955—F; 2s Relief 1940-1944 M^ West Hartford 4Mb 1943 J<! 4Mb Mar 15 1939-49..M West Haven (School Dist)♦4 Ms 1939-1956 N<5 Windham (Township)— 4s 1939-1952 J lo T b 0.50 to 2.25 to 2.00 % DELAWARE . b 0.25 tol.80 to 2.10 6 0.25 to 1.75 b 0.30 b 0.30 to 2.25 to 2.25 to A&C ) 6 1.60 A&C ) 6 0.25 to 1.70 4b 1942-1948 A&C ) 6 1.10 to 1.65 % 2.00 to 1.10 ~ . . Refunding 4s 1939-67.M&J 3 50 55 119 114 59 106 99 M — 61 98 >b 1.75 iyj Lakeland new refunding Water & Light 5Ms 1940-51 Leon County 5s July 1 1939-41 5s July 1 1941-55. Marion Co Road 6s Feb 1 '52. Road bonds 5s July 1 1952. Miami— . Rounding 5S Jan Miami' Beach— 1 1964— to 2.70 b 2.00 j. to 3.00 b 2.85 2 65 % 64 20-year 107 to 3.00 %" to 3.85 % 105 102 96 109 104 i 98 ... s 107 M to 1.75 % to 3.75 b 3.35 to 3.85 84 86 101 Ref 3-4M-6s Jan 1 1964—. Orlando— 6 2.50 6 2.50 103 106 20 22 20 12 21 i I* 10 12 Extl f 6 Ms 1952 Denmark ext 6s 1942. 24 25* 24 26 25 M 28 _ F&A 3M ii 7 7 >"'•7: 4 7 4 4 4 14 7 7 7 15 33 22 Internal 4s 19 99% 99% 100 100 7s 1941-1945 102 % Extl 100M 101% 91 11% 70 101 "I3M 5s 6s 1940-1950 b 4.00 6 3.75 3.50 3.90 to 4.25 to 4.40 101 Pensacola 4 103 M 6 3.75 3.00 105 102 109 5s" 1946— M&i i %" 98 to 3.50 65 Road 5Ms 1944 f 112 95 6 2.75 ... Sees f 7s 1967 J&J / Stabil loan 7 Ms 1968.M&N / 32 M Caldas Exts f 7Ms 1946..J&J/ 11 Certificates of deposit "9 19 Oali(Colombians f 7s '47.M&N Oallao (Peru) 7Ms 1944-.J&J, 7 / Carlsbad (City) s f 8s '54.J&J/ 20 Oauca Val (Dept of) Colombia 7 Ms 1946—. A&O 11 55 104 106 104 106 66 68 58 Petersburg— Refunding 3-5s Oct 11972 Suwanee Co Road 5 Ms 1946— Tampa— 6 4.25 98 Refunding 2-5s 6s Oct coupon on 1960 6s A Int ctfs 1938 A&015 Central Bank of Germany— 6s A 1952 F&A 78 80 B A&O / 53 M 54 M 55 16% 14 % 16% 6s assented Feb 1961 14 M Extl s f 6s Sept. 1961.-M&S / 14M 6s assented Sept. 1961 16M Extl Ry ref 6s Jan 1961-J&J 16M 6s assented Jan 1961 14 % Extl sf 6s 1962 M&S 16% 6s assented 1960 s f 6s Feb 1961—F&A 100 to 4.25 7o" 101 97 99 47 49 — 6s assented — FOREIGN GOVERNMENTS AND CITIES Agricul Mtge Bk (Colombia) 6s 1947 F&A / 25 M Certificates of deposit / 24 A&O / 25 M Certificates of deposit / 24 7s 1946 .A&O i-85* Certificates of deposit... / 24 7s 1947 J&J / 25% Certificates of deposit.... f 24 Akershus (Dept of) 4s *68 M&S 27 6%s assented Sf gu 6s 1961 28 6s 1948 1962 Extl s f 6s 1963 M&N 6% assented 1963 Chili Mtge Bk 6 Ms '57 J&D31 6 Ms assented 1957 S f gu 6 Ms Jne 30'61. J&D31 6s assented "28" 6s 26 30 28 96 A&O 1961 1962 6s assented 28 1961 M&N 1962 6% notes 1931 — J&D 6s stamped 1931-- 34 % "II% 14 ..... 16M 14 M 14% 12M 14M 12 % 14 % 12M 14% 12 M 14 k 12M 6 Basis. Hukuang Rys 5s£..J&D 15 12 12 \t* 3M 30 / Flat price' 1954 k Last sale, n Nominal. 70 70 33 75 30 30 20" • 20 ' 18 97 98 106 M 'Io5M 29 . 21M 20 21M 120 103 X 108M 109M 103 34 M 20 M 35; 211 20 If 26 20 M j 21 > 25 26 27 ^ M "6M III Graz(Mun)Austria ^s'54M&N / 20 Gt Brit & Ireland—See British Greek Govt s f 7s 1964—M&N M&N / 19H 6s 1953 A&O 67 Hamburg (State of) Germany 6s 1946 A&O Hanover (City) Germany 7s'39 Hanover (Prov) Germany— 35 30 15 16M *16 % w 15% 16 % 16% "l6% 15" *15" *15M 1st series 1957 F&A 6 Ms 2nd series 1949..-F&A Havana—1st 6s 1939 Q-J 2d 6s q-j Heidelberg (Germ) 7Ms'50J&J Hellenic Republic (Greek) Sec Wat Wks ext 8s 1952... / Helsingfors (City) Finland— Extl s f 6Ms 1960 A&O Hessen. See Munich Bank 16" " 17 M 21M 20 20 90 90 18 53 103 X Hungarian Cons Munic Loan s f g 7 Ms 1945 J&J / 11% Extl s f 7s Sept 1946—J&J f 9% Hungarian Land Mtg Instit'n Mtg 7Ms 1961 ser A..M&N f U% S f 7 MsT61 ser B ($ bds)M&N f U% Hungary (King) 7Ms '44.F&A f 39 .E.xt„at 4M% to 1979..F&A 34M Irish FYee State 5s 1960.M&N 101M Italy (Kingd) extl 7s '51 .J&D 80 Prestito Redimibile 3 Ms Specified 30 r . 34 70 F&A f 20 1968...F&A / 21 Guatemala 8s 1948 M&N / 30 Haiti (Rep) 6s extl 1952.A&0 80 30 16 65 ' stamped J&D 1941 7s part paid 1964 Sink fund 6s 1968 6s part paid 35 20% 2M-5s Tax free in Connecticut. 22 Unspecified _ 104H 14 M 12% 14H 46 41M 113 . 80 M _ 32 Ill 26 28 ext 7s B'47 M&S Pub Util Credit s f 7s'52J&J 78 80 58 M 59% It.al Cred Consortium for _ Chinese Government— . 68 64 64 65 A&O / M&N 7s unstamped 1949 14 % Extl 4.00 63 6s 13 % 16 M 99 H of 65 Default coups July-Dec'33. f 55 Jan to June 1934 / 35 July 1934 to Dec 1936... / 28 Jan to Dec. 1937 / 28 Jan .-Oct. 1938 / 28 Scrip 5M f Dawes coups Dec 1934 7 stpd / Apr. 15'&> to Apr. 15'38-/ 14. Young coupons Dec 1*35 stp / 10 June 1 '35 to June 1 '38— / 11 German Prov & Comm Bko (Con Agr Loan)6Ms'58 J&D / 25 29 25M 104M 101 70 100 StpdifCanadian holder)'65 German Extl 7s '49 stamp A&O 56 40 31 25 M 97 51 57 57 Funding 3s 1946 Gold , 1951 80, 61 Cons munic 6s 1947—J&D German Govt Internat— 5Ms loan of 1965 J&D 5Ms unstamped 1965 " 24 Chilean Cons Municipal LoanExtl s f 7s 1960 ser A..M&S Chili (Rep) ext 7s 1942.M&N 7% assented 1942. Extl s f 6s 1960 A&O Bank German Cons Munic 7s'47 F&A 70 28 . 98 6 2.75 West Palm Beach— 7s 1948 _ 6s series %" 69 of deposit.— 8M J&D 9M Certificates of deposit.__ 9 Ceara (Brazil) 8s 1947...J&D 1M Cent Agricul Bank (Germany) Farm loan 7s 1950..M&S15 / 33 Farm loan 6s I960-—J&J15 V 6s July coupon on 1960.. / 24 Farm loan 6s 1960..A&O15 / 29 M sec 30 104 M 100M 99 M A&O A&O 77 German Conversion Offer— Bulgaria (Kingdom)— Certificates 7 Ms plain 106 60 45 52% 52% 52% 54 M 37 M 6Ms 1953 74 VA 96 r J&J J&J F&A 7s ext of 1949 stamped.J&D 7s plain 1949 7 Ms ext 1941 12 60 60 62 f l00m 73M French Government— 93 99 / Buenos Aires (Prov)6s'61 M&S f 6s stamped 1961 f 7s stamped 1952 / 7 Ms stamped 1947 / 6 Ms stamped 1961 Scrip / Readjust 4%-4%s '77.M&S Refsf 4M-4Ms '76-.-F&A Extlre-adj4M-4Ms '76A&0 s 19 75 75 1939. 101 f 6s 1950—J&D 100 M Frankfurt-on-Main (Germ)— 7s 1938-—— 7s 1940 19 60 M 103 M Rej) 5 Ms *42.M&S 10 4 4 4 18 18 104 M 100 % ' Dominican 2d Series 5Ms Oust Adm 1940—A&O 2nd ser 5Ms 1940...A&O Customs Administrations— 5 Ms of '22 ext 1961 2d series 1961 5 Ms of '26 ext 1st ser 1969 5 Ms of'26 ext 2d ser 1969 Dresden (Ger) ext 7s '45 M&N Duesseldorf 7s to 1945 Duisburg 7s to 1945 El Salvador (Rep)—8sA'48 J& Certificates of deposit Estonia (Rep of) 7s. 1967 J&J Finland (Repub) 6s '45.M&S 6M 12} m 9} 20 K 18 Ext'l 5Ms 1955 Trust rets 4Ms 1962 A&O 15 Denmark Mtge Bk—See Mtge Deutsche Bank (see Ind Bds) 30 3M 3% 3% 5M 12 9M s 81 19M p Ext s f 8s 1951 ser A—A&O Ext s f 8s 1952 ser B-.A&O Danish Cons Municipal Loan 5Ms 1955 ___.M&N 5s 1953 F&A Danzig Port & Wat Ways Bd 114« Victory 4s due 1975— Brit Hungarian Bk 7 Ms 1962. / Extl 6 3.75 5 4.15 4s 1961.. Palm Beach % 65 72 r 1949 Cundinamarca Dep (Colombia) Extl s f 6Ms 1959 M&N / Certificates of deposit.. Czechoslovak Republic— 107M 105 M J&J, Ext re-adi 4M-4Ms'75M&N Extls f 4s $ bonds 1984.J&J 95 M 60 70 5MsPubWksJune30'45J&D 21M . 5Ms 1939 M&]v 6Ms 1940-1950 M&IS Ref 4Ms non-opt 1947-56-. New Smyrna— ♦ 26 25 20 Bud'pest(Oity)6sJ'n'3ocoup'62 66 103 6 2.25 6 3.00 M 18 British 4s 1990 opt *60—.M&N War Loan 3 Ms of 1932 100 118 Jacksonville— on 11 22 / / 4s of 1900 / 4s of 1910.. / 4s of 1889— / Funding 5s 1931-1951 / Funding scrip / Bremen (State) 7s 1935.-M&S / 6s 1940 / Brisbane (City) Australia— 30-yr s f 5s of 1957 M&S --- 98 P f Cuba (Re"p"f 5s"l944——M&S Extl g 4Ms '49 opt F&A Extl 4 Ms 1977 J&D Extl g 5s 1949— F&A Extl s f 5 Ms *53 J&J 15 25 M 25 M _A&0 8 f 5s 1958 111 102 M Duval Co Road 5s 1955—A&C > 115 III Duval Co School District No. 1 5s 1939-1955—- A&C 6 2.00 to 3.90 % Escambia Co 6s Aug 15 1951. 101 112 Gainesville 5Ms Ji" 6 2.00 to 2.75 %" 5Ms July 1941-1975. 1941-1 6 3.25 to 4.25 % Hillsborough C 102 M 104 Hillsborough Si 103 M 106M Ji.uva 100M 4 Ms of 1883 4Ms of 1888 FLORIDA ■ 100 os 20 M _ 30 "35" 68 . . 20 M % 30 30 Funding 5s 1951 M&N Costa Rica Pac Ry 7M* 1949 104 M 104 M&S / A&O1/ .J&D/ J&D / Extlsf6Ms (1926) '57.A&0 / Extlsf6Ms (1927) *57.A&O/ 5s of 1895... / 5s of 1913 / 1 to 2.35 4Mb 1939-1958 (s-a)..A&( ) 6 0.25 . 83 Bavaria (Ger'y) 6Ms '45.F&A Bavarian Palatinate 7s 1945— Belg Govt extl 6 Ms 1949 M&S External s f 6s 1955...J&J Extl s f 7s 1955 J&D Berlin 6 Ms 1950 A&O 6s June 15 1958. J&D 1940. Brazil 8% ex 1941 7s Cent Ry elec 1952 24 Extl s f 7s 1942....... J&J Costa Rica (Republic)— Ext sees f 7s 1951... 103 M 103 M ~ % 68 7s stamped 1937 Cordoba (Prov) Argentina— 8TM Extl 4Mb 1956— M&N Austrian Govt 7s 1957—J&J Baden extl s f 7s 1951 J&J Bank of Colombia 7s '47. A&O 7b 1948 A&O to 2.00 b 1.80 66 ... 2% Treasury notes 1948... Australia (Commonwealth)— Extl 5s July 15 1955.J&J15 Extl 5s 1957 .M&S Extl 7s 1958Extl sf 7s 1969 5s 1947-1949 4s 1939-1941... . 91M Certificates of deposit Bolivia (Rep) Ext 8s '47 M&N to 1.60 6 1.65 b 1.85 Wilmington— 4MsBldg—Con'53-'62 M&5 3 6 1.90 Brevard County School Tax Districts No. 4 6s 1938-55.. Columbia Co Road 6s 1955.. Coral Gables— New refunding 2 M-68 1977. Dade Co 5s Oct 1947-54.A&C > Ref 3 Ms 1940-1947 -M&£ Dade County (School No. 2)— 32 96M 7s Oct 1947 2Ms April 1 1939-1947 2Mb April 1 1948-1957 2Mb April 1 1958-1966 Kent Co 4 Ms 1945-1950-M&S 3 New Castle Co— » l*6Ms 1939-1944— J&, I Sussex Co 6s 1939-1970—J&. J 4Mb 1939-1953 A&C ) at 5M 7 Bogota (City) extl 8s '45.A&O Certificates of deposit Extls f 6Ms 1947—A&O Bogota (Mtge Bk) 7s May '47 Certificates of deposit... % I b 0.25 ...... St Johns Co Road 5M 7 Barrauquilla 8s 1935-40-46-48 to 21 17 deposit 25 M Certificates of deposit 24 Sinkfd 7s (of 1927) *47 F&A 25 M Certificates of deposit... 24 Copenhagen 5s June 1 '52 J&D Extl g 4Ms 1953—M&N "94M Cordoba (City)— Extl sf 7s 1957 F&A/ & 7s stamped 1957 " 60 Apr '72. A&O Ridgefield (High School)— . 6M 7 Antwerp (City) extl 5s *58 J&D ArgentiprRepub— to 3.00 20 18 17 of Funding 4s Jan 1 1946 Colombia Mtge Bk— 20-yr sf 6Ms 1947 A&C Certificates of deposit Sink fd 7s (of 1926) '46 M&N 8 4 Ms s f extl loan 1948.M&N Extl s f conv 4Mb '71-M&N 8 f extl loan 4s Feb *72.F&A 8 f extl loan 4s (Oity)- 4 Ms Sewer 194 3 Ms 1939-1971. ..auuuuig 6M — 1 80 i Norwalk 18 18 Certificates 8 s f 7s 1957 3d ser.A&O Certificates of deposit 8s 1946 Ask A&O 6s Oct 1961 6M Extl 4 New 6M Certificates of deposit... Extl s f 7s ser D 1945..J&J Certificates of deposit Extl s f 7s 1957 1st ser. A&O Certificates of deposit Extl s f 7s 1957 2d ser.A&O Certificates of deposit Bid Cologne Germ'y 6Ms'50.M&S Colombia Rep 6s 1961..J&J Certificates of deposit 8 Certificates of deposit Extl s f 7s ser O 1945 J&J 1 Bonds 8 Extl 1 or Ask —M&S S 20 Antioquia Col (Dept of)— to 2.25 to 2.25 ♦3 Ms South Sept Manchester— New Britain Bid Bonds Anhalt 7s to 1946 b 0.25 r b 0.25 Yield Basis or Net Hartford County- Metropolitan District 2 Ms Wat Sup '3977M* 2 Ms 1939-1978 J Hartford (School District) issue Yield Basis To or Bid BONDS possibly for the closing day of the month preceding the date of Pub wks & Quotation* for all securities are as near as possible for the closing day of the month preceding the date _ 82% 64 % 54 % 50% -f&a m&n Oriental Dev Co 6s'53-m&s Orient Dev Co 5%s'58m&n Jugoslavia—See Mtge Bank of Leipzig (City of) 7s 1947f&a / Lima (City) Peru—^ _ 64% 57 12% 12 s 8x 7x ees 1954--—--------— 8% 6x 13 9% Stamped — Metrop Water Serv—See 79% / 78 New f gtd 4%s % 1945- X 1945------4s of 1904-1954 j&d 4s assented 1954 j&d Extl 4s of 1910 (£20 pieces) £100 and £200 pieces Treas 6% notes '23 ext to '33 £20 pieces j— £100 and £200 pieces—— Mllan(Italy)ext 6%s 52. a&o 5s assented Extl 6%s Extl 6%s iH 1% "T% 1% 1% 1 1 2 1 2 61x 62% Brazil 6% 47 45 99% 45 57% 57% 101 101 & Dr Board 1950— a&o Norway ext 6s 1943——f&a 99 X 105 s f 6s 1944—f&a fd 1956---m&s 4%s extl sk fd 1965—a&o 104 106 105% 106 104% 102% 105 sk fd extl 4s 1963——f&a Norway Municipalities Bank Guar s f 5s 1970----j&d Nuremburg extl 6s 1952-f&a 101% 103% 101% 103% 22% 7s 1945 f'26" Oriental Devel—See Jap (Rep)ext5%s 53 j&d f 5s 1963 m& Stamped 5% scrip - 100 r 34 40 94 98 50% / 45 / 25 (National Bank)— 6%s series a & b 1946-47— 6 %s series o & d6%s '48-'49 Parana (State) Brazil 7s 1958Pernambuco (State of) Brazil Extl s f 7s 1947—— -m&s f. 60 49 35 95 95 8 53 Peru sec s f 7s 1959——m&s / 10% Nat Loan extl 6s 1960-j&d / g% Poland 1961---—a&o / 9% (Rep of) 6s 1940.a&o 39 f 6s Stab'n 1 s f 7s Extl s 1947-a&0 15 / 50% f 8s 1950——— j&j / 37% 8% d* 9% 10% 41 52 41% 1956-a&o / 30 Coupons 1936-1937 —s. f 35 Dollar funding 3s (City) Brazil— Sinking fund 8s 1961—j&d f Porto Alegre 6% 1951—m&s15 fl°0H a&o f 20 Queensland (State) 7s '41 a&o 103% 104 Ext g 6s Feb 15 1947 f&a15 Prussia 6%s 6s 1952— 8% 22 21% 105 106 Rhine-Maine-Danube See Industrial Bonds) Rio de Janeiro 8sl946—a&o f Extlsf 6%s 1953 f&a I f Sul Do (State) Brazil ext s f 8s f 1966 6% 7 6 7H 6 f) 5 1946-a&0 s m&n 6 Extl f 7s 1967 j&d f 6s 1968--—j&d 6 Extl s Rome extl s f 6%s 5% 66% 1952—a&o Roumania (Monopolies) 18 Institute 7s 1959 -f&a Feb 1937 coupon paid— / 15 18 1919—* f Russian 6%s June 5%% ext loan Dec 1921—Saarbracken (City) Germany / 1953--—-j&j / (Mtge Bk) 6s ser a *47 m&s f 6s series b 1947 a&o/ Salvador 7s 14)57—-——j&j f Extl s & 24% f 6s Certificates of ■ deposit— / Irif::::::::::::::::::s, 10 8 6 13 13 7 - 38% 39% 45 / 38 43% 39% 41% 45 / 38 4%s mar'ls'ieeor'-m&s m&n15 Toronto 6s 1939-1940 j&j 5s 1940-1950 j&j 5s 1950-1959 j&d 4%s 1939 a&o 4%s 1940-1941 a&o 4%s 1942-1945 a&o 4%s 1946-1961 a&o 4s £ July 1 1948 ..j&j 3%s July 1 1944 j&j Vancouver. b c 5%s *39.a&o 5%s 1952 f&a 4s Nov 15 1957 5s 1940 & 1941 Bank— a&o *52—m&n / 21 Warsaw (City) 7s 1958--f&a / 37 4%s assented 1958—--f&a ---Warsaw (Land m Bk) 8s 1941 / 50 Vienna (c) extl 6s 1941ii———ii—ii'"-I 20 f 20 56% 57 - 5s 1950 & 1951 var— 5s Jan 15 1970 j&j14 "*4i" 34% var 4%s 1942 and 1967—.f&a Verdun deb 5s 1954 Winnipeg, Man 5s 1944..a&o 4%s non-call 1944 m&n 4%s June 1 1946 j&d 4%s June 15 1950—j&d15 4s Aug 1 1946 f&a15 Net 117 116 115% «*** 117 123 113 112 100% to 111 mmm 121 m*m mmm rnmm 115 112 to 107 mmm 116 to 101 104 102 rnmm •mmm 110 107% 107% 110 116% 119 mmm 111 125 117 101 mmm 110 rnmm 102 to 101 to 101 to rnmm 110 98% 100 95% 97 rnmm 98% 98% 99% mmm mmm 111 111 112 mmm 112% mmm 106 108 mmm 78 73 81 mm' 76 rnmm 72 67 67 76 mmm .63 66 70 70 102 105 115 mmm mmm rnmm mmm mmm wmmmmrn* i01% mmm 106% 108% 105 99 mmm mmm 105 mmm rnmm 108 mmm rnmm 96% 99 90 93 98 94 var 5s 1945 & 1946 74 56 canada rnmm mmm rnmm 88 96 95 92 85 92 rnmm 103 106 rnmm 93 92 97% 99% 95 94 97 96 92% rnmm mmm 95 90 mmm 93 mmm mmm mmm GEORGIA . 4%s ref 1939-1945 Albany—5s 1945 (American Dollar Quotations) Dominion of Canada— Is (1%-yr) 1939 j&d 99 98% 102 102 101% 102% 98% 91% 1% notes 1941 m&s 2%s Jan 15 1944 j&j 8-yr 2%s 1943 j&d 7-yr 2%s 1944 m&n 10-yr 2%s 1945 f&a 20-yr 3s 1955 j&d 3s perpetual m&s 3s Jan 15 1967-j&j 30-yr 3s Nov 15 1968.m&n 14-yr 3 %s 1951 m&n 25-yr 3%s 1961 opt '56 j&j 15-yr 3 %s. 1949 a&o 20-yr 4s 1952 a&o 30-yr 4s 1960 a&o 98 15-yr 4%s 1940 972 101 103% 103 107% 110% m&s 104% 1944.a&0 111 5s Nov 15 1941 m&n 109 Refunding 5s 1943 a&o 112% 5s May 1952 m&n 110% Alberta (Prov of)— Gold 5%s 1947 j&j / 62 Gold 5%s 1952 a&o / 62 Gold 5s 1948 j&j / 59 Gold 5s 1959 102% 102% 18% 6 19 ft 3.50 to 4.00 Athens—4%sJune 30 1943— Atlanta—4 %s Jan 1 1940. j&j 5s Water 1939-1951 4%s 1939-1956 102 ' 103% 99% 92% 98% 102 103% 103% 108 110% 104% 111 t.50 to 2.50 Clarke Co 5s 1939-1944...j&j 6 1.25 Columbus—5s 1939-1944.j&j 6 1.25 Crisp Co— Hydro-elec 5s '39-'57.f&a 6 3.00 Dougherty Co 5s '39-'48 m&s 6 1.25 61 a&o 59 61 58 58 58 58 101 101 100 idaho 4%s Cap Bldg 1939 j&j 1938-47 opt *30 4%s Ref 1939 .—a&o 4%s ref 1940-1945 a&o 4%s Road 1939 opt 1927.j&j Boise City 4%s 1951 j&j 4 %s Impt 98 98 81 81 81 102 104 110% 112 103 106 103 94 92 4%s May 1. 1945 m&n 4%s Dec 15,1956—j&d 15 Montreal 5s Dec 1, 1945-j&d 5s s f Nov 1, 1956 m&n 4%s May. 1954 4%s Jan, 1944——j&j 4%s 1940-1951 a&o 15 4%s June 1. 1971 j&d 4s May 1,1944 m&n 3%s refdg May, 1939.m&n Metrop Co 4%s '53,*54%s May 1, 1965 m&n 106 96 95 83 86 103 103 105 107 105 102 100% 99% 98 100 100 5%s 1939 m&n s f deb 5%s 1950—...m&n sf deb 5 %s 1952 j&j Debenture 5s i960 .j&j 4%s 1955 m&s 4%s 1960 a&o 4%s non call 1958.m&n 15 4%s s f Apr 15.1961 a&015 sf,deb3%sl948 a&o North Vancouver 5s '60--j&j Nova Scotia (Prov)— hi 2.00 2.25 2.50 % 6 2.60 6 1.25 ft 1.25 to 2.35 6 3.00 to 4.25 to 2.75 6 1.25 to 2.25 6 1.25 to 2.75 100 105 100 105 1.00 1.00 1.00 less 1.50 1.00 % less 1.00 0.30 to 1.25 Serv Comp '39-'43.Aug 1 0.30 to 1.30 0.30 to 1.25 48 Highway 1939-1943-May 1 4s Highway 1945-1954..m&s 4s Highway 1955-1958..m&n 0.25 to 1.15 2.00 to 2.05 3%s Emerg Rel '39-'47 Dec 15 3%s Emerg Ref '48-'54 Dec 15 0.25 to 1.60 1.70 to 1.90 6 2.00 to 3.25 6 0.75 to 1.75 1.00 2.10 to 2 30 Bloomington— 4%s Water 1939-1961 opt 1952 m&s Champaign County— 5s Road 1939-1943—m&n , Chicago— 3s 3s 1945-1948 99% 101% 101% 101% 3%s 3%s 3%s 3%s 101% 4s 109 109 112 112 108% 110 105 106% 1951 1952 1953 1955 1.50 to 1.90 o 1941-1944 3s 1957 opt 1939-1940 3s 1957 opt 1941-1942 3s 1956 opt 1945-1949 103 opt opt opt opt ___ 1940 1945 1946 1951 6 par 6 1.75 101 to 2.00 to 1.50 to 2.00 104% 1.75 2.60 2.70 — 2.90 939 4s if- 105% 104% 104% 103 97% f 99 27 30 108% par 194049441———.— 6 0.75 to 2.00 4s 19454948 6 2.10 to 2.40 4s 1949-1950— 6 2.50 to 2.60 % I 2.90 4%s 1954 Board of Education— 3s 1957 opt 3s 1957 opt 107 103 111 100 gold rouble bond, equivalent to 77.4234 grams of pure gold. 1.25 Serv Comp '39-*43.Aug 1 120% 116 m&n 15 1.25 s 119% i960— m&s Deb 4%s Sept 15*52 m&s15 Deb 5s to 2.75 s . Commissioners— m&n to 3.50 4%s Serv Comp '39-'44.Aug 1 102 101 100% to 2.20 illinois 104 105% to 2.25 58 " Halifax n s 4s July. 1945 5s Jan. 1951 j&j Hamilton— 4s Elec l & p1941 a&o Lachine p q 5s 1954 j&d /O' 1.90 % 2.40 % Macon— 4s Pav & Sew 1939 j&j Marietta 5s w w 1939 f&a Pulaski Co 5s 1939-1948—j&j Woodbury 6s 1939-1949-j&d 61 to 2.50 Augusta—4%s Flood'42 m&n 6 2.00 Bibb Co 4%s 1948-49—m&n 6 2.50 58 65 65 .25> ft'2.00 58 113 110% 2.10 j&j ft 1.25 j&j ft 1.25 Rome 4s Mun bldg 1939.a&o Savannah—4%sref 1943. j&j 4%s Drainage 1944—.f&a 4%s Refunding 1959-f&a 2%s 1943-1967 j&d15 Spalding Co—5s '39-'49-j&j Swainsboro 6s 1939-50—a&o Valdosta 5s 1939-1942 Jan Ware Co 5s Road 1939-49 j&j Watkins s d 6s 1939-50.m&n 109% 59 56% 4%s Jan 15. 1942...j&j 15 56% Deb 4 %s 1956 a&o 56% 4%s Jan 15,1957. j&j 56% 4%s July 16. 1958 j&j 56% 4%s Apr 1, 1961 a&o / 56% 4%s June 1, 1967 j&d Debenture 4s 1954 j&d / 56% Brit Col (Prov) 5s '48-j&j 15 99% 5s Apr 25, 1954 99% a&o 25 97 4%s 1939-1946 j&d 29 96 4%s 1947-1956 j&d 29 96 4 %s s f deb Jan 23 '69 j& j23 78 Calgary 5s July 1,1945 j&j 78 Edmonton (c) 5s *45&'50a&0 78 s f 1955 & i960—a&o to 2.00 Road 5s 1949-1953 99 a&o 15 5s 1950 j&j fr 1.25 j&d 6 2.50 Appling County— _ Deb 4%s 1960 1940--—-—a&o 51 3%-4-4%% ($ bdsof 1937) external conversion 1979- 5s Nov 1, 1969 New Brans wick— 20 1948— / 16 Santa Catharina (Brazil)— 8s 1947 --—f&a / 12 San Paulo (Brazil) State of— 8% external loan 1936-j&j / 9j Extl 8s 1950 -j&j / 6h Extl 7s 1956 m&s / 6% Extl s f 6s of 1928,1968 j&j / 6 t Quotations per 46 41 Conversion scrip Venetian Prov Mtge s f 7s 1952 ser a 15.1939-43.m&n 15 15.1944-57-m&n 15 4s May 15,1958-68.m&n 15 Hydro Elec Pow Com— 4%s Jan 1, 1970—j&j 2 Ottawa City 5s '39 '45—j&j 6s Munic Imp '39-*50—j&j 5s July 1. 1939-1956—j&j 4%s 1939-1944 j&j 4%s 1943-1960 j&j Quebec (Province)— 8-yr 2%s 1944 m&n l£yr 3s 1951 m&n 3%s 1949 j&j 3%ssf deb 1952 j&d 4%s 1961 m&n 4%s 1956 j&d Quebec City 5s s f (non-call) 1960.m&n Saskatchewan (Province)5s 1943 (non-call)—j&d15 5s 1959 (non-call) m&n 4%s July 21945 j&j2 52% 40% 3%s extl re-adj 1984--j&j m&n 1941 4s May 4a May 91.32 / 45 3%-4-4% % ($ bds of 1937) external readjust 1979— arbor 20 8s ctfs of deposit Sees f 7s 11% m&n / 43 m&n / 44 f 6s Manitoba (Prov) 5s '44-j&d 2 6% 7s extl s 56 _ f gg 6%s 1959 6s 1933 Rio Grande 50% Refunding 4%s Panama s s 102% 86.71 ----- 1946—-f&a 1960 Extlsf 6s 1964 Extl — govt Oslo s f extl 4 ha 1955—-a&o Panama (City) 6%s 1952—— Extl Gold 7s 1943 Uruguay 8s ext 101% 101% 4 ha extl sk s (Bank of the) 1st 6s 47 f&a f Sydney (City) n s w— 101 25-yr s f 5%s 1955—f&a • Tokyo (City of)— 46 5s of 1912-1952 m&s 54 Extls f 5%s 1961 - ----a&o / 10% Tolima (Dept of) 7s *47-m&n tUnion of Soviet Soc Republics 5s External Extl Silesian Landowners Assn— 4s Ask . sf 5%s Panama j&d Wurtemberg 7s to 1945-m&n Yokohama extl 6s 1961 —j&d Met Wat Serv Oldenburg (Free State) 41% 41% j&d / 35 Wajtyhglia (Prov Bk) 6s 1933 ff 22 f&a / 20 New South Wales (Australia)5s extl s f 1957 f&a Extl s f 5s 1958---—-a&o ■ 31% 29% b—m&n / 29% Poland— 52 > Natl Bank of Panama See Panama. (Prov) 52 _ 1945 Extl 7s 1962 ser 7% 48 52-j&d a.m&n 38 Scrip Mtge Bank of Denmark-— 99 x Exch s f 5s 1972 ser ix j&d Mtge Bank of Jugoslavia— Secured s f 7s 1957--—a&o f 38 56% 58 funding 1956 Second 5s 1956 56% Nov '32-May '35 coupons— f 70 45 Nov '35-May *37 couponsMunich Bank— Hessen 7s to (King of) ..—m&n / 31% 8 1958--—--m&s 1959 ser a -m&s Montevideo (City) 7s Extl s f 6s 1959 ser 1% 25% / 24 4%s assented 1958 90 Stamped assented---—-—- / Mlnas Geraes (State) 6 Extlsf 7s 1958— South Wales mexican Irrigation s 6% 5 Serbs Croats & Slov Silesia Mendoza (Prov) argentina¬ j&d 5 1945——j&d 1946—j&d / 24 Extl 8s 1962 8% 6 m&n Sink fund 6%s 6s 1947 13 extl sf 1951 ~ State Mtge Institution Sink fund 7s 9 Medellin (Munic) (Colombia) 7s extl Dec 1 1951 — Certificates of deposit¬ 's f 7s 1961 Sao Paulo Brazil 8s 1952 m&n Extl s f 6%s 1957-m&n 15 Saxon 22 Luneberg (City) 7s 1948-m&n Maranhao (State) Brazil-— Ext s f 7s 1958 m&n / 7 16% it* m&n / 13% Extl sec 6s 1943 25 Certificates of deposit— s 5%s 1946 58% Extl 8 f 7s 1948--——-a&o / 15% 9antiago(City)Cbile7s 49 j&j / 13% 54 Extl f 6%s 1958—-m&s Lower Aust (i*ov)7%s 5qj&d Extl 83 j&j 5s 1959 m&n 4%s 1944 m&s 4%s Jan 15. '39-'47-j&j 15 4%s Jan *15 '48-'57-j&j 15 4%s 1939-1970 m&n15 71 4s To or Bid Bonds Net Ontario (Prov) 6s '43—m&s15 (Prov) 7s 1942-m&s f 81 69 Stamped 1942 Santa Fe (City) Arg Rep extl / 71 7s 1945a&o 4s 1945 stamped a&o / 57 Santander (Dept) Colombia Santa fe Cities (Concl.) bf 6%s 1954Extl s f 5%s 1965 Ask Bid Bonds Net Ask Foreign Govts, and Japanese Government— > ield Basis To or To or Bid of issue ^ YieldrBasis Yield Basis Bonds 96 municipal bonds and state Dec., 1938] 1941-1943 1945-1947 3%s 1955 opt 1946 4%s 1954 opt 1944 Chicago Park District— 3%s 1956 opt 1946 118 109% 112% 6 Basis, / Flat price, 4s 1955 opt 4s 1955 opt 4s 1955 opt 4s 1955 opt 1939.—— 1940-'44 1945-'47 1948-'55 k Last sale, n Nominal. 6 1.75 to 2.50 % 6 2.75 to 3.00 % 2.70 2.30 104% 105% 0.40 6 T.bo" to 2.60 6 2.65 to 2.75 6 2.80 to 3.00 94 STATE AND Quotations for all securities are as near MUNICIPAL Yield Basis Yield Basis To or Bonds Bid District— opt 1939 opt 1940-'44 opt 1945-'47 opt 1948-'54 Cook County— 4s 1956 opt 1940-'44 4s 1956 opt 1945-'47 4s 1956 opt 1948-'53------Elgin Sanlt D 5s '3 9-'44. M&N Evanston S D No 76— 4 Ms June 1 1939-1948 Sanitary 4s 1955 4s 1955 4s 1955 4s 1955 Ask Bonds to 2.60 6 2.80 to 3.00 to 2.75 6 1.00 6 2.65 to 2 6 2.80 to 6 1.00 1940-*44 1945-'47 1948-'52—_ Granite City 4 Ms 1939-48 J&D Jackson Co 4 Ms 1939-46-J&J — to 2.50 to 2.60 75 Refunding 3 Ms 1942-'56-F&A Ref 3 Ms 1957-1960— State Highway— La Grange (Village of)— 3s Water rev 1942-68- _M&S Lake Co 5s Road *39-'49-F&A River Forest 8 D No 90—, 4 Ms 1939-1944 J&D Rockford S D No 205— 2.10s 1944-1958 F&A to 3.00 6 2.00 to 3.25 6 2.00 to 3.00 to 3.40 to 2.80 6 2.00 to 6 1.60 to 2.30 3.85s 2.75 Fort Wayne— 6 1.50 .75 _ 4Mb 1939 to 1957 A&O 6 1.50 Fort Wayne School Dlst— 6 1.50 5s Oct 1 1939-1943 to 3.25 5s 1950 opt 1940 .50 194^-1956—J&J30 4s C H 6 2.25 to 3.25 5 Ms Track Elev '39-'47-J&J 6 1.50 to 2.50 % Dep J'ne 1 '41-J&J 2.00 4Mb Sch Jme 15'40 J&D15 1939-1955 J&J 1.75 4Mb 6T.50" to3".66 % 1 1946—J&J 3 Ms July 1 1941— J&J So Bend 4Mb W W '43-M&N 1 *741 M&S 1941. Bend School City— 2.00 2.50 4Mb 1939-1948-F&A Impt IOWA 1938-1942 4Mb J&D 6 0.50 to to 2.75 1 M&N 6 0.75 to 1.00 4Mb 1940-1941 M&N 6 1.00 Des Moines 5s 1939-'57—J&J 6 0.50 to 1.10 4Mb W W 1939-42—J&D 6 0.50 6s Gen Oblig 1939-40—J&J 6 0.75 to 1.25 M&S 6 1.90 M&S 6 1.80 Lee Co Prim Road 2 Ms-1948 1.75 - Lyon Co 2Ms May 1 1939-47 6 1.75 to 3.00 to 1.00 6 0.75 lesslM less i lesslM less 1 ^ to 1.70 Sioux City S D 5s 1941-J&J 1.25 less Woodb'y Co Fund 2Mb'42-'46 1.25 to 1.70 1 to 2.00 1 J&J 6 0.25 J&J 4Ms, 1939-1952 4s. 1953-1954 1942 F&A 4Mb Wat & Light 1944-J&J 4M« Imp July 18 '49—J&J to 1.90 4Mb Water 1939-1947-J&J Leavenworth Co 5s 1945 to 2.30 _ 11.75 1.65 1.00 1.60 0.80 0.40 to 103 103 103 M 103 3.55 3.95 A&O 3.50 3.75 3.25 3.25 1970 1969 Ito 3 Ms 1939-1951 3.20 3.70 2.80 3.15 2 Ms 1939-1968 3.20 July 1968 J&J % to 2.40 to 2.05 - 1952-1958 110 3 Ms July 1.1939-1947. to 3.35 2Ms 1939-1947 J&J 6 0.50 Lynn— 4s Sewer 1939-1956—M&N 6 0 50 to 3.10 to 3.25 to 1.50 to 0.90 to 1.90 % to 2.50 to 2.25 to 1.05 to 2.00 to 2.20 to 1.80 to 2.25 to 1.95 to 2.25 —J&J 6 0.25 to 1.60 2s 1939-1947 2 Ms 1939-53- New Bedford— 4s Bridge 1957 to 2.25 to 2.00 2 Ms 1939-1947 to 2.50 to 0.90 to 2.25 to 1.00 M&N 6 0.40 to 2.00 % J&J A&O 6 0.40 to 2.00 3.50 4s Dec 15 1939-1944—J&D 6 0.25 2 Ms Dec 1 1939-1955—J&D 6 0.25 to 3.00 Ref lMs 1939-1948.—A&O 6 0.25 Quincy 2Ms 1939-47 A&O 6 0.25 2.00 2.30 Reading lMs school 1939-58.M&N15 6 0.25 Salem 1 Ms 1939-1948—M&N 6 0.25 Somerviile— 3 Ms School 1939-1954.J&J 6 0.50 Relief 2 Ms 1939-1948.A&O 6 0.50 lMs Relief 1939-1946.A&O 6 0.50 to 1.25 to 1.90 to 1.50 to 1.60 to 2.00 to 1.60 to 2.10 to 1.75 to 1.50 Springfield— 2.25 3 Ms Water 1938-1960-J&D 6 0.25 2s sewage disp 1939-68M&N 6 0.15 to 1.30 to 2.80 1 Ms Relief 1939-1946-A&0 6 0.15 Waltham 2s 1939-1948.-J&D 6 0-25 Watertown— 3.25 lMs relief 1939-48—M&N 6 0.20 to 1.50 to 2.00 to 2.00 to 1.75 1939-1951 -A&O 6 0.30 1940-1952 June & Aug 15 6 0.60 1 Ms ctfs of indebt— F&A 15 6 0.60 to 1.60 to 1.80 to 1.60 See 2.10 Annapolis 4Mb W W '42.A&O b 1.75 to 2.00 2.40 Baltimore— 6 2.70 2.50 103 J&A Sewor 1965— 4s Jan 1 1970 F&A -J&J Ref 1943— J&J 8s Sew & Park 1941— J&J Sewer-. J&D 2.45 2.60 2.60 1.55 to 2.80 to 3.10 2.5o 2.45 1.75 2.25 2.50 2.50 1.30 4Mb Mar 1, 1939-'55—M&S o 0.40 4s Aug 1, 1951. F&A b 2.05 1.20, 1.00 3.751 3.65 4s 4s 4mb w w 1939-1970—A&O 6 3.80 Warren Co—4 Ms '39-'59 J&J. 6 3.75 3.65 4s 3.50 4s 4s t Less 2 on bid side. J&D 6 2.20 M&N 6 2.25 Mar 1, 1961 M&S 6 2.35 1945-1971 M&S b 1.60 Regis'd stk 1946-57 M&N 6 1.70 1939-1944 —A&O b 0.25 1956-1965M&S 6 2.35 X Less 1M on hojggtg}q§39~49-j&j Fore^n^Go^s,^page 93. 5 Ms July 15 5s 1939-1961 A&O b 0.40 5s Gen Imp 1943-45 M&S b 1.25 5s Water 1961 .—A&O 5s registered 1946 M&S to 2.50 to 1.60 bid side, a 1941 5Ms Oct 151941 5Ms'Highway 1941 5s Highway 1940 J&J 15 6 0.90 A&O 15 6 0.90 J&D 6 0.90 J&D 6 0.85 Highway 1943 F&A 6 1.40 4 Ms Highway Impt 1944 A&O 6 1.45 4s Highway Impt 1942—A&O 6 1.15 Ann Arbor— 4 Ms to 2.25 2.00 4s Annex 1954 4s Parks 1955 Paducah— Less 1 on bid side, to 1.50 to to to to 2.10 2.10 2.25 2.35 2.30 1.50 2.40 2.70 % Pittsfield to 2.00 to % % Methuen (relief and sewer) to 2.30 6 2.35 6 1.00 6 2.50 1.00 to to 1.00 to 1.70 to 1.90 to 2.20 to 2.10 Is 1939-1941 A&O 6 0.55 Maiden 2Ms 1939-1958--f&A 6 0.50 Ref lMs 1939-48 M&N 6 0.25 Medford— 3 Ms 1939-1942 tax-ex M&N 6 0.25 HI 3.25 6 0.75 to 1.00 to 1.75 ■■.ft. 2s G & E 1939-1947 A&O 6 0.50 Lawrence (wat h'way & b'dge) 2Ms J&D 6 0.30 Lowell— 107 2.30 to 2.10 to 2.10 .30 - 113 to % to 2.10 M&S 1% relief 1939-43-M&N15 6 0.25 lMs water 1939-58. .M&N 6 0.25 Holyoke— 4s School 1939-1950—A&O 6 0.50 110M J&J Portland Water District— * 4s Funding 1948 J&D 2Mb Water May 1 1953 South Portland Sewer Dist— 4s 1939-1950 M&N Waterville 4Mb 1940-50-——. Westbrook 4 Ms 1938-48 MARYLAND 4Mb 1939-1942 J&D15 4Mb 1939-1942 J&J A&O 6 0.25 F&A 6 0.20 F&A 6 0.25 Framingham— 111 Brewer High Sch Dist— 4Ms 1939-1945——-M&N 6 1.00 Kennebec Water District— 4s Ref May 1, 1950-M&N 6 2.60 Old Town Water District— /O 00 2Ms 1939-1946 J&J 6 0.50 2Ms 1939-1968-_M 2 & N 2 6 0.50 4s 1939-55 (tax-ex) M&N 6 0.50 MAINE July 0.40 I Fall River— to 3.10 106 3.10 to to 3.10 Easthampton (hi'way & relief) lMs 1939-48.--.M&N15 6 0.20 Everett lMs 1939-1941—J&J 6 0.25 to 3.80 111 to 3.15 0.40 Chelsea 4s 1958 106 106 108 M 2.10 to 3.10 0.50 lMs 1939-1946 lMs 1939-1942 109 2.05 6 0.50 J&D 6 0.50 lMs 1939-'48_.A&0 6 0.35 Cambridge— 107 109 107 J&D J&J 0.50 0.50 0.50 0.50 1939-1941-J&J 6 0.25 Brain tree—4s % % 2.1 .00 Brockton 3.90 3.15 j&D 2Ms Sept 1 1939-1956-M&S 6 2Ms 1938-1955 J&D 6 Subway 2 Ms 1939-48_J&D,6 2 Ms 1983 J&D Metropolitan District— 2 Ms ser A 1939-58._M&S 6 2 Ms ser B 1939-62__J&J 6 2 Ms Dec 15 1938-1960— 6 2 Ms Oct 1 1939-62.-A&O 6 3.15 2s 1939-1958 H'way & Bdge *39-'54-A&0 4s to 2.90 M&S 6 0.40 3 Ms June 1 1943 3 Ms June 1 1944 3 Ms July 1 1945 3s April 1 1939-1957— 3.35 to 3.60 3.15 to 2.75 to 1.10 1950-F&A 4s b 2.90 J&J 4s Tun & Sub '59 tax-ex J&J 4s relief 1939-53 J&D 6 0.40 6 0.30 3s ctfs of indebt '39-'50--A&0 6 0.30 2 Ms ctfs of indebt, 100 F&A 6 2.00 Sewer ♦ to 3.10 to 3.70 .40 2.70 3.10 A&O J&D 6 2.65 F&J 6 2.65 1965 Owens boro—5s 4s Sub 1957 tax-ex 4s Sub 1958 tax-ex Wellesley (Town)— 2s H S 1939-1952 M&S 6 0.25 to 1.75 Winchester 3 Ms 1939-46-J&J 6 0.25 to 1.40 Worcester (City)— lMs Funding 1939-58—J&J 6 0.15 to 1.95 lMs 1939-1948 J&J 6 0.15 to 1.40 lMs relief 1939-48 A&O 6 0.20 to 1.40 6 0.15 to l.£0 2Mb 4s 1939-1963 City Hall 5s '39-'55—F&A 6 1.00 Louisville—5s Sch 1962—A&O 6 2.60 4Mb Hospital 1951—-M&S 6 2.30 3Ms 103 3:f§ to 2.80 J&J 6 1.00 1947 W Co x.w 4 Ms Sept 11981 M&S 4 Ms Tun 1960 tax-ex_- A&O 4Ms Dec 1976—n J&D 4s Tunnel & Sub 1948 J&D to 1.10 Pub Wks Nat Recovery Lou 106 Boston— 6 0.30 Henclerson County— 4Ms R&B Oct l'39-'56 A&O 4s 104 A&O 6 0.25 0.50 6 1.00 2.25 3.65 Lexington— 4s 112 0.75 2sImprove'mt 1939-56 —A&O 6 0.75 Auburn 4s 1939-'40 tax-ex. J&J 6 0.75 Augusta—4s Oct 15 1939-1955 6 0.75 4s Wat Wks Sept 1 1939-40 6 075 Bath 4s Ref 1941 tax-ex.J&D 6 2.50 Belfast 4 Ms Ref '39-'50 M&N 6 3.75 „ 3.60 3.50 4Mb WW 1939-51 J&J 4s Fdg 1952 opt '42—F&A 6 2.50 4Mb School Jan 1 1939-69— 6 3.80 Rer 110 4s O H '39-'45 tax ex.-A&O 6 0.75 Portland Bridge District— Ashland— Sewer 194-53 4s 103 4Mb 1.50 % 112 Portland— 103 4Mb Jan 1 1.00 to 111 103 102 4Mb to Beverley— 1Mb 1939-1948 109 110 103 M 103 102 4mb 1939-1950- 108 4s Mar. 1 1942-1964-M&S 5s 102 No 13 1953 % to 0.30 to 0.85 to 1.75 1.70 % to 2.00 to to 1.00 to 1.80 J&J 6 1.10 1 Ms Pub Wks ..Sept 15 '39-'40 6 0.15 2s reg 1944-68 M% 1939-43 M&N15 6 0.15 Arlington 4s 39-'42(tax ex)J&J 6 0.25 4s State Pier 1939-1942—M&S 6 0.75 3 Ms 1939-1951 M&S 6 to 1.90 to 2.00 Is Pub Wks Feb 15 1939-41— 6 0.15 Hurricane & Flood Damage— to 2.30 to 1.50 to 1.35 6 0.15 110 110 to 2.50 1.00 0.30 0.40 Project No 141945 4Mb 8 I '42. '47 & '52M&S Bowling Green—5b 1955-J&J Covington 2Ms reg July 1 1939-67 Metropolitan Water Loan— 1.10 0.50 107M 6 0.75 1.90 .85 0.70 107 Sept 1, 1939-1953 M&S 6 0.75 4s Highw & Bdge 1939—M&N 6 0.75 1.60 4s Highw & Bdge '40-44 M&N 6 1.50 Wyandotte County— 4Mb 1940-1945 J&J 6 0.80 KENTUCKY Bridge Revenue Refunding— Project No 1 July 1 '50J&J 102M Project No 2 July 1 '50 J&J 102* Project No 3 July 1 '50 J&J 102* Project No 9 July 1955 J&J 102* 101* Project No 8 July 1 1945 Project No 10 July 1 '50 J&J 102 M 102M Project No. 11. 1952 102 M Project No 12,1947 Project % to 1.65 to 1.90 105 5s Dec 1. 1938-1969—J&D 6 0.50 4 Ms W W & Sew *3 9-'54J&J 1.00 4Ms May 2,1939-67-M&N2 6 1.00 Tensas Basin Levee District— 5s Jan 1957 J&J 109 McPheraon 4Mb 1945 Reno Co 5s 1941 Saline Co 4Mb 1945 Sedgwick Co 4Mb 1940 Shawnee Co 4Mb 1944...... Topeka 4Mb 1-948 5Ms Jan 11941 J&J Topeka S D 4 Ms Mar 1 '39-*46 Wichita 4Mb 1939-46—J&D Sch Dist ref 4Mb '39-48F&A 109M 110 , to 2.30 to 2.00 MASSACHUSETTS 3 Ms Water 1942 J&J 3 Ms gold July 1944 M&S 3s gold Water Jan 1 1941-J&J 2Ms Dec 1 1939-1947 J&D 6 0.15 to 3.10 % Shreveport— 0.40 , (tax-exem)_J&J 2.50 to 2.25 6 0.40 3.30 3.30 108 58 Leavenworth— 3.25 6 3 106 5s Mar 1953 opt 1943-M&S 5s 1965 Series D F&A 0.40 0.40 to 3.30 J&J Red River A<& B B District— 5s 1950 Series B A&O Kansas City 5s 3.25 4s 1938-52 (tax exempt)--Var 6 0.25 4s Water registd 1939-58-J&J 6 0.25 3 Ms 1956 ref 99 108 Orleans Parish Sch Board— 5s 1938-1944 J&D 6 0.50 5s 1945-1967 J&D 6 3.15 Plaquemine Parish E Bank— 5s Oct 1952 -.-A&O 105 Pentchartrain District— 6s 1944 M&N 108 to 2.10 Soldiers' Compensation Bonds 4 Ms 1939-1953 J&J Sch Dist4Msl939'54J&J 96 1940-1949 J&J 105 1950-1959 J&J 107 ♦4Mb 1939-1961 A&O 105 *4Ms Sept 1. 1939-'68.M&S 105 4Mb Non-callable 1952 J&D t 3.60 KANSAS F&A , 5s July to 2.25 less Board of Education— 4Mb 1939-1953 101M to 3.20 5s July to 1.80 to 1.70 6s Ref Aug 15 1940—F&A15 6 1.00 0.50 4 Ms Sewer 1939-47—M&N 2Ms 1939-1956 —J&J 6 0.75 5s 1969 to 3.30 Orleans District— Marshalltown— 4Ms Water 1939-1944-A&O 6 0.50 Sac Co 2Mb May 11939-47— 6 0.75 Sioux City 6s '39-*45.F&A15 6 0.75 ..A&O 4Ms 1939-1968 M&N 6 1.25 Washington Sub San Dist— 3 Ms Wat & Sewer '87.M&N 6 3 4 Ms Sewer g 1973 J&J 6 3 4Ms 1961-1980 J&D:6 3.20 to 3.35 4s 1939-1950 J&D 6 1.25 to 3.00 4s Constitutional 1942.J&J 103 104M 4s Pub Impt '52 opt '42.J&J 107 108M 48 Pub Impt 1942 J&J 102 M 103 M Orleans Levee District— 3 Ms Ref 1939-1962—M&S a 97 99 3 Ms July 1 1953-1968a 97 99 4s July 1 1940-1952 6 2.00 |to 3.70 Des Moines Ind S D— 4Mb Sept 1 1945 4Mb 1944 4s Sept 1 1945 4Msl939 1987 3.40 3.75 3.20 A&O 6 1.25 to A&O 6 3.25 to 4 Ms serial gold 1939-45 6 1.00 to 4 Ms serial gold 1945-60 6 2,70 to 4 Ms serial gold 1961-80 6 3.20 to Sewer and Water— 4 Ms 1939-1945 J&Di& 1.25 to 4 Ms 1945-1960 J&D 6 2.90 to to 1.00 less 1.70 5s Water 1939-1987..-A&O 97 M 3.30 4s 1939-1945 2.75 Davenport Indep Sch Dist— 1939-1940 to 4s 1946-1956 Cedar Rapids 4 Ms'49-'53M&N 6 2.25 Clinton Co 2 Ms 1942—M&N 6 1.25 4Ms 2.00 100 „ 2.25 6 2.00 0.50 2.40 to 3.35 5s 1939-'44 opt 1939-J&J 102 « 4 Ms 1939-1944 A&O b 1.00 4 Ms 1945-1966 A&O 6 3.20 Public Belt Bridge Rev— 2.25 Bout!8 o 1.75 Lake Borgne Dist Levee— 5s Dec 1952 opt 1942— J&D New Orleans—Public Belt— Indianapolis S D— 4s Blag Sept I 2.00 % to 3.30 lOOt 58 1972 opt '62 Lafourche Basin Levee— 5s 1956-1970 A&O Indianapolis— ' 4s Fire J&J 6 0.75 J&J 6 2 5s 1952 opt 1942 J&J 5s Oct 15,1962 op '52.A&0 5s Oct 15,1963 op'53A&015 5s 1959-1969 F&A 15 to 2.25 Gary Sch City 4Mb Oct 1943 Hammon (City)— M&S M&S 3 Ms Sewage Impt *80-A&O 6 2 Cumber'd 4 Ms W W '41-A&O 6 2. to 3.25 3.15 F&A Ask Montgomery Co— 3.00 Bossier Dist Levee 5s '54. A&O Caddo District Levee— 5s 1951 opt 1941 J&J Fifth District Levee— to 3.50 J&J . 4a 1972 1975 3 Ms Impt 1940 3 Ms March 1945 3 Ms Refunding 1952 to 3.35 Atchafalaya Levee Dist— 5s Sept 1939-1972 M&S al07M Baton Rouge—5s '39-54 M&S 6 1.00 INDIANA A&O 1942-68 Bid Baltimore (Concluded) 104M 3.00 Capital Bldg 4Ms Aug 15, '52 Charity Hospital at N 0-^- 6 2.50 to 3.00 103 M 3 Ms series S 1958-1960.J&J State Pension 5s June 1,1948. _ Elkhart 4 Ms WW '39-75 Evansville 4sref 1942 F&A 5s series K July 1,1947-49.. 3 Ms series R 1941-60.-J&J 3 Ms series Q 1941-60-J&J 4s ser S 1941-1957 J&J to 2.75 6 1.50 Bonds Hagerstown— 6 2.00 4 Ms series D & E 1944-5558 series F Mar 15,1945-48- to 2.60 6 2.80 or Net Long Term Bonds- 1.75 6 1.00 6 2.65 Ask . to 3.00 6 0.75 Bid LOUISIANA Short Term Bonds— Refunding 2 M8 1939-*41.F&A 6 0.75 to 1.75 ■Rate Highway— 5s series A B & O 1940-1943 i 2.00 to 2.75 4s Jan 1 1942-1956 101 104 3 Ms Jan 1 1957-1961 97 M 98 M 0.40 6 1.00 6 2.65 Yield Basis To or Net Forest Preserve— 4s 1956 opt 4s 1956 opt 4s 1956 opt BONDS possible for the closing day of the month preceding the date of issue as W W ref 4 Ms 1939-1948 J&J 6 1.10 6 2.00 1944-1946 3 Ms Battle 4 Ms less less M less less to 2.10 to 2.10 Creek— Sewer 1939-40—M&N 6 1.25 Battle Creek S D— 4Mb less less less 1939-1949 Price shown is for average maturity. 6 Basis. to 2.00 I F&A16 1.50 / Flat price. to 2.50 % AND MUNICIPAL STATE Dec., 1938] securities are as near as possible for Quotations for all the closing day of the month preceding the date of Issue or Bay City— 5*s ww 1939-1951 3.40 to 97* 4s 98 99 Buchanan County— Ret 3s 1943-1950 99* 4*s 4Hs 99* 4.00 ............. 4*8 4*a lessl* 3.30 3.40 5s non-callable.. Water 4s less 1 less 1 b 3.50 Refunding Water series D— 3*s Oct 1 1951-1961 3*s Oct 1 1939-1950 3 * s Oct 1 1948-1950 4s July 1 1939-1947 Street railway 4*s Refunding 3*8 o7-'02 JAD Refunding 4s '39-'50-.J&D General A Street Railway— 3 *s Oct 1939-59 b 3.25 less b 1.25 to b 3.20 to b 3.80 less 1 b 3.75 less 1 b 2.00 to 3.70 3.65 1.25 less 3.60 General 3s Oct 1 1969-62... Water 2*8 Oct 1 1939-62.. Refunding 2*s 1951-63 JAJ Refunding 3 *s 1939-50 JAJ Pint 4*s 1939-1954.MAS 15 5s (Mar 1 A Apr 1) '39-'50Flint Union School Dist—• 5s 1939-1954 MAS 4*s Marl 1939 Grand Rapids— 3*s Sept 1 1939-1940-MAS 3s Sept 1 1941-1945—MAS Grand Rapids School Dist— '4 *8 1939-1943 MAS Highland Park— 4*s April 15 1957 5*8 May 1 1941 4*s School Nov 1 1954 Jackson 4*s 1939-47..AA016 4*s July 15 1955 Jackson Union S D— 4*8 1939-1945 MAN Lansing— 4*s 1939-1940 JAD Muskegon 4*s 1939-44..JAJ Muskegon 8 D 5s 1942—July to 3-80 less 2.00 2.00 to 1 3.15 * to 3 75 to 2.75 Atlantic to 2.70 to 2.15 6 0.50 to 3.00 1950-6—. 1943-1948 to 2.60 to 2.50 6 1.00 to 6 1.80 to 2.40 1 St Charles County 1 bridge series A. .July 15 56 100 St Joseph 4*s 1939-'45—MAS 6 0.40 Refunding 4 *s May 11951 to 1.80 6 2.00 to 3.00 4*s 1946 J&J 5b 1941 J&J 6 1.25 to 2.60 3*8 1941-1951 J&J 2*s 3.25 6 4.00 less 6 2.00 to 3.40 6 1.00 St to 2.25 * 1945-1955--..--J&J 6 1.50 % 1.20 Joseph S D 4s 1940---—Public bldg A impt 1939-1943 JAJ -F&A MAN MAN 4*s 1940-1953 4*8 1939-1948 4*s 1941-1948 4s 1939-1940 4s 1941-1945 to 2.75 6 2.25 less * 4s 1946-1951 98 less 1 6 1.00 to 2.75 3s School 6 1.00 to 2.80 3s Refunding 1952 2*s bldg 3*s 1 bldg Public JAD less * less 1 less 1939-1946 JAJ 6 1.00 Duluth Ind School Dist— 6*8 1939-1940 AAO 6 1.00 to 2.35 Hennepin County— 6s Bridge 1939-1940..MAN 5*8 Bridge 1939-40--MAN 4*8 Sanitorium *39-'42 JAJ 4*s Hospital '39-'41_MAN Minneapolis— 5s 1940,1943,1945,1946, 1947, *48, *49, *50.. -JAD 4*8 Apr 1939-1952...AAO 4*s 1939-1940 AAO 4« 1944 AAO 3*8 1939-1941 MAN 2.60b 1939-1966 AAO 2*s 1940-1967 MAS 2.30s 1939-1947 MAS .2*8 1939-1958 -MAN 2.20s 1942-1959 JAO 2s 1939-1940 AAO 1.90s Oct 1 1939-1946-AAO 1.80s 1939-1943 .FAA 1*8 1944-1948 FAA Ramsey County— 2*8 1939-1947 FAA Is 1939-1950 -FAA Is Rd A Edge '39-'44MAN is Rd A Bdge '39-'43 JAD to 2.00 6 2.00 to 2.10 6 0.80 to 2.00 AAO 1940-1954—FAA Public A to 1.50 MAN 6 1.90 J&J15 6 1.60 4 6 1.00 6 0.75 6 0.75 6 2.00 less 1 6 0.75 to 1.75 6 0.50 to 2.75 61.00 to • to 1.75 6 1.00 to to to to Omaha— 2.75 6 0.50 to 2.35 6 2.00 to 2.50 6 0.50 6 0.50 to 2.00 6 0.30 to 1.30 6 1.50 3.00 % to 2.65j % to 2.50 to 3.00 to 2.75 to 2.50 to 3.00 to 0.50 4*8 1939-1955 J&J HAMPSHIRE 4s July 1939-1948 J&J 4*8 Highway 1939-1943.JAD 3*s Refunding 1942-1944 J&J _._s Highway 1941-1946 MAS to 2.25 to 2.50 6 0.75 to 2.15 6 3.00 6 0.75 to 2.25 to 2.25 2.25 2. 2.80 6 0.50 to 2.75 0.80 to 2 .10 0.90 to 1 .80 % JAJ 4*s W W 1939-42 AAO 5s School July 1 1951..JAJ 5a Gen'l impt 1939 62—JAJ 4*s Sewer July 1 1943-JAJ 4*8 1939-1959 JAJ 6 2.75 6 0.75 6 2.00 less 1 2*s Sewer 1939-1956.MAN 4*s U S D 1938-1965.JAD Keene 4 *s 1939-1942..-MAN less 1 to 3.10 6 0.75 to 3.00 to 2.60 3s H S 1939-1956 NEW 5*8 Impt 1939-1946 MAS 1.25 1.25 4*8 May 1 1939-1950 4*8 Impt 1953 JAJ 4*8 Flood 1939-1953...AAO 6 1.25 Biloxl 5*8 1939-1943—AAO ..... Greenville 5s fund '43-'50 FAA to 3.15 3". 10 97 97 2.50 Jackson— 1939-1954 —AAO 4*s Jan 1 1939-1952 4*8 1939-1952 MAN 5*s 1939-1942...MAN 1939..JAD 4*8 School House 1941 JAJ Mississippi Levee District—5s May 2 1944 ..MAN Jones Co 5s 1.50 to 3.60 1.50 to 3.60 to 3.60 to 2.50 4 *s series 2.80 to 300 to 3.50 Vicksburg— 5s Pub Imp 1939-1948.FAA Yazoo-Miss Delta Levee Dist- 1.50 to 3.25 MAN 1.50 to 3.40 JAJ 0.50 0.70 0.70 0.80 0.80 1.00 1.15 1.30 A of *27 July 1944 2.20 0.80 1.75 to to 1.50 1.10 to 1.60 1.25 1.90 %l / Flat price, n 6 0.50 to 2.50 to 2.40 to 2.40 to 2.40 to 2.40 Nominal. 2.50 to 6 1.25 ¥55 % to 3.60 6 1.50 to 3.50 2". 50 to 4.40 % 6 1.00 to 3.50 % 6 3.10 to 6 1.00 to 2.50 6 1.00 " to 3.00 to 3.20 Hamilton (Township)— 6 3.20,% % 3.25 % Jersey City— AAO 6 3.60 to 4.40 5s 1939-1969 A&O b 2.25 to 4.40 4*8 School 1938-1958.J&D b 2.00 to 4.20 3.75 4*s School 1945......J&J 4*s Water 1961 A&O 6 ¥.75" ""¥65 4*8 1939-1967 J&D b 2.00 to 4.10 48 Refunding 1949 F&A 62~.00" to ¥.55 % 4s July 1 1939-1953 Gen ref 3*s '39-'54—FAA b 2.00 to 3.80 3*8.1939-1956 J&D b 2.00 to 3.75 87 Keansburg5*s 1939-59-MAN 6 98 5*s 1942-1953 4*8 Water 1939-70-J&D15 4*8 Sch impt *39-'52_JAD 5*s 1938-1970 J&D b 1.25 to 3.50 b 1.25 to 3.25 b 1.25 to 3.75 ' J&J b 95 'o 85 1.30 A&O 62.00 to 3.85 4*8 Road 1939-1944..F&A 6 1.25 Imp 3s Nov 15 1939-1948.. 6 1.00 % to 2.60 J&J to 2.75 Monmouth County— 4*8 Mar 15 '39-'50—M&S 4*8 Rd & bdg '39-51F&A15 1941.AAO 4*s High sch bldg '44. J&D to 3.25 6 1.25 6 1.25 to 3.25 .25 Montclalr 4*8 Sch ¥.85 2.25 % 6 0.75 to 2.50 0.75 % .J&D 6 1.25 to 2.25 MAN 6 1.25 to 3.50 2*s May 16 1939-70— Morris County— 4*8 1942 opt 1922 3*a 1939-1949 5*s Oct 15 '39 to'59 5s 1939-1958 6 0.50 April 1939-1969 % FAA 6 1.50 M&S 6 1.25 — Newark— 6s 1939-1972 6 0.50 6 0.50 4 *• series 4s aeries O 2°.25 J&J J&D15 _ 6 ¥.75" to _ /o Neptune 4*8 1940-1955-F&A Oof'30 Nov *39-'69 6 0.60] Institutional Construction— 3*s ser A July 1939-1960B iuly 1939-1967 % % to 1.75 % FAA 1939-1942—JAJ 6s 1939-1954 3s 1939-1966 4*a 1939-1942 4s 1939-1969 2 *sseries D May 1939-1970 6 0.50 0.25 % 4*8 1942 4*s Imp Morris town— s ser 0.40 1.15 to 3.00 Mercer County— B of '27 July 1950 Highway Extension— 4*s O of '20 Jan *53 opt *38 b D of *20 Jan '54 opt '39 a E of '20 July '54 opt *39 s F of '20 Jan '55 opt '40 s A of *24 Jan '55 opt '40 s B of'24 July '55 opt'40 .40 8 O of '24 July '50 opt '41 b ser B of '30 July'39-'67 MISSOURI to 2.75 FAA 0.50 3*8 April 19410.70 Middlesex (Borough)— 3*8 1939 to 1967. 0.70 0.80 Middlesex County— Soldiers Bonus 5s July 1941— 3.40 t Less 1 on bid side. ser 6 0.75 1.00 M&S 15 3.60 Long Branch 5s 1943 M&N 75 Lyndhurst 3-5s 1939-57—J&J b"94"" Maple wood (Township)— 4s 1939-1967 —J&D15 b 1.00 to 3.00 % J&J 1.50 JAJ % JERSEY 1.50 4s *sl939-1960 Hospital 1946.. Lodi—5s 1939-1947 4s series H July 1942....— 4s series I July 1943—.... Meridian 5s Dec 1 4*8 Road 1948-1950—MAS 4*8 1939 AAO 4*8 1943-1940 MAS 4s 1943-1947 MAS 4s Road 1944-1948 AAO to 1.65 Bridge bonds— 4*8 Series B July 1939 s series O Jan 1940..... s Series D July 1940 s series E Jan 1941..... Bonds— s series O July 1939..... a series D Jan 1940..... s series E July 1940..... s series F Jan 1941..... 8 series G July 1941 to 2.90 to 6 1.00 Nashua— MISSISSIPI I to 2.30 % AAO 6 1.00 i AAO 3*s Bridge 1939-1956.FAA to 2.70 AAO 6 0.75 JAD 6 0.50 % Kearney— Manchester— 4s Impt 1939-1951 less 1 3.20 J?90 Concord— ?aul— 6s school July 11951 to 3.75 I NEW 6 0.75 6 0.75 to 3.20 3*s sewer 1939-1978-5.J&D % Ho bo ken—4*s 1940... J&J % 5s School 1939-1954-—J&J Hudson County— % 4*81939-1978 MAN15 % 4s g Park 1954 A '59-M&N Hunterdon County— % 4 *s Road A bldg '39-'46JAJ Irving ton 5s School 1963. J&D 70 4*8 1938-1959 J&D 85 to 1.90 6 0.50 to 1.25 1.50 - 5s 1948 JAD Omaha SD 4*s Mayl'55M&N York School District— to 2.00 1.25 % f 4*8 Wat wka Dec 15 '41 J&J 6 0.75 4*s May 1 1956 MAN to 2.20 6 0.40 to 2.90 99 Fairview—5s, 1944 J&J Glen Ridge— 4*s Mun Bldg 1939-70 FA A 6 1.00 to 3.00 % Gloucester City— 1.50 % 83 4*s 1939-1966 JAD 1.00 82 5*8 Water 1939-1963.M&S 4.00 % 3.50 Gloucester Co— 4 *s Bldg&Rd *39-'45 J&D20 6 1.00 to 2.35 % 1.75 Hackensack — to 2.25 6 3.25 Beatrice S D 5s 1939-54—FAA 6 0.50 Douglas County— 5s Highway 1939-40-A&O 0.50 0.50 Holdrege S D 5b 1939-55.J&D Lincoln School District— 4 *8 1939-1953 -MAN. 0.50 McCook Fund 5s '39-'43.FAAft 0.75 North Platte Sch Dist— 4*8 1939-1959 -J&J.6 0.50 to 2.60 to 3.20 1.00 5s July 28 1939-1960 NEBRASKA to 2.60 to 3.65 Essex County— to 1.50 to 2.00 to 3.85 AAO 1939-1957 4s 6 0.75 to 2.25 to 3.35 to 4.35 Essex Fells (Boro)— 5*8 Sewer 1939—...J&J to 1.50 % to 4.30 1.00 5*s Dec 1 1938-1946.J&D 1939-1972 J&J Englewood— to 2.05 Great Falls— to 2.00 to 4.75 6s to 1.50 6 1.35 to 3.80 J&J AAO 5sl939-1944 6 0.50 6 1.50 to 3.60 Elizabeth— to 1.90 -M&N to 3.00 i r 5s Sewer 1939-1960 3 School 1939-1974 to 2.00 6 0.50 6 2.00 5*s 1939-1901 FAA 1.50 4*s Water '39 to '60.M&N 3.50 4*8 1942-1969 JAJ 4.00 4s 1945-1970 Camden Co— 4*s 1939-1970 J&J 6 1.50 6 3.30 4s 1944-1968 4*8 AAO impt 4*s Wat A Sew '39-'50-J&J 6 1.25 to 2.60 4a to 0.80 6 1.60 Funding bonds— 4s opt '44, 1939-1953.-JAJ Highway debentures— 4*s Dec 31 1939-40 4*s Dec 31 1938-39 Daniels Co 5 *8 1939-42—J&J 6s 1941 opt 1940 J&J less 6 1.00 JAJ to 1.75 MONTANA less * 6 0.75 to 1.75 6 0.40 6 1.00 University City— 1 6 1.50 to 2.10 6 1.00 Springfield 4 *s *39-'49~ MAN to JAJ .... :o 1.00 to 80 75. 4*s School 1939-1951.MAS Cape May Co— 5s 1939-1940 M&S 6 3.00 to 3.50 % Delaware River Joint Com Phiia-Camden Bridge— 4*8 1939-1945 M&S 6 0.60 to 2.90 % 4*s 1946-1973 M&S 114* East Orange— 1.00 to 3.10 4*s 1939-1969 J&D to 1.25 6 0.80 6 0.40 & impt 4*8 1942-1949 )uluth— fs Rural Credit ctfs 1942 % ¥55 6 1.00 6 2.25 2.00 Qgpn 6 0.40 MAN MAN MAN 96 6 4.50 6 2.25 2* trunk h'way '47-51. .MAN 6 2.00 6 1.25 L. 85s RuralCreaitctfs 1941 6 1.50 2°.10 ¥50 3 *a toll 4*s 1939-1943 b Basis 2.70 St Louis 4*s less to 3.00 to 3.20 Camden— MINNESOTA 1939-1954 4*s July 1949 5s Dec 15 1938-1955. J&D15 6 0.40 4*s Airport April 1 1948.. 5s 2.60 to 2.80 to 2.75 to 2.00 1.00 5*s Dec 15 1938-60.J&D15 to JAJ J&J less 5s July 11953 to 2.60 6 0.90 6 2.50 JAJ 6 3.10 Callable bonds Non-callable bonds 6 0.50 to 3.10 1.00 1.00 5*s Dec 1 1938-1942.J&D 4*8 1940-1950 4*8 1939-1950 .00 6 1.50 2.60s 1939-1957 to 3.10 1.75 Bergen Co— 2.95 to 2.90 to to 2*s 1958-1975 2*s 1956-1975 2.50 to 2.50 4s 1939-1961 to 3.00 6 0.50 6 0.50 to 2.40 Covert roads Voted bonds-. . to 4.05 1.75 6 1.00 6 0.80 6 1.50 4*8 1939-1947 to 3.90 2.00 Belleville 5s 1939 A '44.M&N Belleville S D 6s '39-'44 M&N 6 2.45 to 2.10 to to 4.00 2.00 J&J JAJ AAO 6 1.25 less to 4.15 2.00 4*s 1939-1955 FAA 4*s School 1939-1966.F&A Bayonne 5s 1939-1949 f°30 Kansas City S D— 4s 1941-1951 4.00 less 98 to 4.00 2.75 0.50 85 6 ¥70 to 54 100 4*s Bridge 1939-57—AAO Audubon (Boro)— 6 3.00 6s July 1 1939-1944 5 D 4*s 1939-1955—MAS 6 3.00 4*8 1939 AAO Bloomfield4*s 1938-69J&D 15 Bogota 4*s 1939-1946.-JAD Bound Brook 4 *s '39-'42 JAD Bridgeton (City)—J&D 4*s 1938-1958 to Refund 4-4 *8 1964 opt 1937 4*s School June 1 1955 Port Huron 4*s 1942 -Saginaw—4*8 1939-49-.FAA 4*s Sewer 1939-1951.JAD Wayne County— 4*a Dec 1 1939 to 0.50 70 53 83 City— 6 2.60 Pontiac— 3*s July 151943.. 0.50 68 ... Atlantic County— to 2.80 to 2.80 6 1.60 ser 2 *-4 *s Jan 1973 Water 3-4*s Jan 1973 L60 6 0.50 to 6 2.00 to 1.00 0.50 2.00 &3~.40 0.35 6 0.50 -JAJ 6 2.00 6 3.40 to 1.15 A Jan 1939-42 2* Jan 1939 Asbury Park (City)— Refunding 4s 1966 3.80 4.00 to to 1.00 to 1943 0.35 to 2.70 6 0.50 4*s to 1.00 3*s May 1939 to 1942 0.50 0.50 Kansas City— 3.30 to 0.90 0.40 Ed Aid 4 *r 4*8 Various May 9 39-72 4*s Jan A July 1942...JAJ 4*8 1939-1955 '..AAO 4*s Airport 1939-54—AAO 4s Airport 1939-1971-MAS 3*8 1939-1974 -JAJ 3*8 1939-1974 FAA 3*8 1939-1955 AAO 3s 1940-1957 JAJ 3s 1954-1975 MAS to 3.25 b 1.25 1 to 0.90 Nov 1939 to 1941 3*8 Mar 1939 to 1942 0.60 Net to 0.90 0.50 to 2.40 JAJ15 4*8 1949 JAD 4 *s Road 1939-1952.-JAJ 4 *a Court h'se "39-'52 JAJ Joplin (School District)— . 3.20 0.35 5s May 1939 to 1941...... —JAJ 4*8 1939-1950 1939-1950 Ask 4 *8 6 1.20 4 *8 lest.1* 1.50 to 1.90 JAJ Jackson County— 4s 1939-1951 100 99* N.J. Emergency Relief— 3 *8 Jan 1939-1941 to 2.05 To or Bid Bonds Net 3*s 1948-1952 JAJ 6 0.30 to 1.10 4*s Road 1938-1942 ...3s Road 1953-1957 JAD 6 2.00 to 2-10 to 0.75 3s Building 1939-1941 —..JAJ 6 0.25 0.50 to 1.15 3s Stat e Bldg 1940-1944. FA A to 3.10 Dearborn— 4*s Sewer '40-'51-'50-A&O b 2.50 Detroit— 96 General 3 Me callable (Long) MAN 1948-1952 1 6 1.75 6 1.70 4s Nov MAS 6 1.20 Ask Bid Bonds Net Ask To or To Bid Yield Basis Yield Basis Yield Basis Bonds 95 BONDS to 2.50 4*8 1939-1983 6 1.50 6 1.50 to 4.25 -J&J 6 1,50 to 4.00 F&A 6 1.50 to 4.00 M&S A&015 to 4.10 3.40 4*s School Dec 1 '45.-J&D 3.50 4s Sch house 1959 opt 1949 4s Pas Val sew'61 op 41J&D 4s 1939-1970 J&D ft 1.50 to 3.80 % 3.50 3*8 Track elev 1954..F&AI 2*s Jan 15 1939-1976-.J&J 6 1.25 to 3.60 % > mm A 96 state and; municipal bonds Quotations for al securities are as near as possible for the closing day of the month preceding the date of Issue Yield. Basis /■ t -> Bonds New Brunswick— Yield Basis To or Bid Ask or Net 4s Park 1967—M&S b 2.25 Bldg constr 1939 M&S to 3.30 4s Bldg constr '40-'49._.M&S b 0.60 4s Apr 15 1940-1955 A&O b 0.60 to 1.85 4s Palisades b 73 to 3.30 to b 1.00 b 2.50 83 to 2.25 to 3.40 101 b 99 3s Canal 1957-1959 3s Mar 25 1939-1987 96 6 3.00 to 4.25 6 1.25 to 3.50 6 1.50 to 2.00 Passaic County— 4Mb 1939-1946 4 Ms 1939-1968 3.70 to 3.35 J&J J&D 6 1.00 6 1.00 to 2.50 M&N F&A 6 1.00 to 3.90 A&O 6 1.25 to 3.30 Pater son— 5Ms 1939-1959 4Ms Feb 1 1945 4Ms 1939-1967 4 Ms refdg 1944 & *46. _F&A 6 to Rahway— 4 Ms 1939-1953 J&D Ramsey 6s Water 1939-1940— Red Bank (Borough)— 4 Ms 1939-1953 M&N Ridgewood 4Ms 1939-62.M&N 5Ms 1939 —J&J 4 Ms 1939-1968 M&N Sea Isle City 5s 1942 F&A 98 6s 92 93 90 2.70 to 2" 90 % 6 1.25 to 3.30 6 2.00 to 2.50 6 1.00 6 1.00 Summit— 6 1.00 to 3 JO L00 92 o to 2.00 6 1.00 to 3.15 6 1.00 6 1.50 6 0.75 4Mb Oct 15 1939-1952 4Mb Rd&Bdge'39-'47_F&A 6 0.75 to 3.00 to 2.25 to 2.60 to 3.75 to 3.25 to 3.40 to 3.30 to4.00 A&O 2.80s Gen Impt B June 1 1950-1965 6 2.25 Union Township Sch Dlst— 4Mb 1939-1968 J&J 6 2.50 Ventnor City refunding 4-5 M® 89 Vine land (Boro)— 5 Ms 1939-1950 M&S 6 1.50 Weehawken— »40—A&O to 2.10 Westfield— 5s June 15 1939-1960-J&D 6 1.00 6 1.00 to 4.40 93 1939-1940—J&J 5Ms Highway 1939-1940.J&J H'w'y deb'48-'49—M&N to 5.00 4.75 to 3.10 6 2.50 to 2.00 6 2.50 6 3.00 6 3.00 5s Water Works 1962—J&D 4Mb 1939-1950 J&J 114 4s Canal Imp July I960-.J&J 4s C&aal 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 to 2.10 to 2.20 0.40 to 2.20 0.30 to 1.80 1.90 to 2.15 0.60 to 3.20 % —M&S 2.90 March 1. 1939-1947— Essex Co 4s 1939-1956—M&S Franklin Co 4Ms *39-'40-M&S Free port— 4.20s 1939-1945 M&N 4.20s sewer 1946-60—M&N 4Mb 1939-1951 M&N 4.40s 1939-1950 M&N Garden City 4 Ms 1939-52.J&J Green bur Kb (T)— 4s 1939-1951 ——J&J Hempstead (T)4Ms'39-59 A&O Hempstead 4 Ms 1939-65 M&S 2.30s 1939-457 J&J Hempstead Un F S D No 1— 6s 1939-1954 M&S Hornell4Ms 1939-1947-F&A 2.40 120 to 3.75 to 3.80 62 ' 67 95 98 > 0.25 ' 1.60 to 1.50 to 2.50 '2.35 2.25 2.35 2.25 ' 2.30 2.20 2.30 2.20 1.50 "0.50* 1.40 to 1.85 1.00 0.80 1.60 1.50 2.20 2.20 2.25 2.25 2.25 2.25 2.25 2.25 2.10 2.10 2.15 2.15 2.15 2.15 2.15 2.15 , 4Mb 1940-1954- 4s 1940 0.50 to 0.75 6 0.50 to 2.00 4Ms 1939-1960 No Hempstead S D No 6 2.00 to 3.00 6 0.50 to 2.35 6 0.50 to 2.30 6 0.50 to 2.30 6 2.00 to 4.00 2.15 3s 2.15 3s 2.25 2.15 2.15 2.15 2.151 108M to 3.20 1.60 1.80 to 3.10 3.15 3.15 104 M 104M 104 M 104 103 104 104 6 3.25 3.15 101 100 6 0.50 to 1.00 6 2.75 to 3.00 97 m 6 0.50 6 0.50 98 M to 3.12 to 3.15 6 0.50 6 0.50 to 2.50 6 1.10 to 2.20 6 1.25 to 3.10 to 2.85 106 m 107M 6 1.00 6 2.50 to 2.60 6 0.50 to 2.25 6 1.00 6 0.50 F&A 6 0.50 to 2.10 to 2.10 to 1.75 to 2.60 6 0.75 1.00 1.00 to 3.15 M&s 6 0.50 to 2.25 6 0.50 to 2.20 6 0.50 6 0.60 to 2.30 to 3.10 Pelham to 2" 10 98 to 2.50 1.00 1.00 1.00 to 2.10 A&O J&D to 2.40 J&J 2.10 to 3.10 July 1 1940-64—-—J&J 1.75 to 3.10 to 3.00 * to 2.35 1939-50 1'&A 1.00 to 3.40s July 1 1941-45...J&J 1.75 to 2 Ms 1946-1956—. 6 2.40 to 2Mb 1939-57 F&A 6 1.00 to 2.40s May 1 1939-48..M&N 6 1.00' to 2.45 2.35 3.00 2.85 2.20 to 3.30 to 1.70 to 1.90 6 1.00 to3.10 to 1.00 to 2.45 to 1.60 to 2.40 6*0.50" 1.00 (T) to 1.80 to 2.40 6 0.80 4Mb Water 1939-1969.A&0 6 0.70 Oswego—5 Ms 1939-46—M&N 6 0.75 Oyster Bay Wat Dlst— 4s 1939-1950 J&J 6 0.50 to 2.75 to 1.60 7— Oneida 4s Water '40-*45—J&J 4Mb Water 1939 J&J Onondaga Co,4 Ms *39-47A&O 3.70s 1939-1951 A&O Ref 1.90s 1939-57 F&A 2.10s Feb 1 1939-1968 Ontario Co 4s '39-*51—M&N Ossining4Ms 1939-42 1.00 M&N 110M to 3.35 103 4939-1942 J&D 6 0.75 2.40s 1941-1967 M&N 6 1.00 North Tarrytown— 4 Ms Water 1939-64—A&O 6 0.75 4 Ms 1947-72 J&J 6 2.60 to 3.00 to 3.20 4Ms 1939-1944 4s 1939-1947 3 Ms 1944-1961 110 109 4Ms 1.00 6 2.75 6 1.00 M&S 107 107 Niagara Falls S D 3.90s 1940-1964 J&J 6 2.00 to 3.90 Middleport 4.35s *39-'42_J&D 6 1.00 to 1.40 MlneoJa (V) 4.40s 1939-68 J&J 1.00 to 3.20 Monroe Co 4s 1939-44 F&A 1.00 to 1.90 3.90s Co Bldg '39-'50-.F&A 1.00 to 2.50 lMs Jan 15 1939-42—J&J 1.00 to 1.40 Mount Vernon— 4Mb 1939-1943 A&O 1.25 to 2.35 5Ms 1939-1941 —A&O 1.25 to 2.00 4Mb School 1962-73.-M&N 3.00 to 3.35 3s 1939 to 1946 Nassau County— 5s 1939-1943. 118M 112m 3.95 Nov 1,1961-70—M&N 6-2.50 3 Ms 1942-1945 M&N 6 1.00 2s Mar 1 1939-1949 6 0.50 to 3.10 93 Sewerage 1950-55.-M&N 2M« 1939 to 1956 M&S to 3.40 117m 109 m J&J b 0.50 1950-53 M&N 3 Ms Corp stock July 1, "753 Ms Aug 1 1939-78— F&A 3s Rap Trans 1947-51 _-F&A 3s corp stock Jan 1 1977J&J 3s Serial 1939-1968 J&J 3s serial 1939-1973 J&D 2Ms 1939-1953.. J&D 2 Ms Serial 1939-46—F&A 2 Ms assessm't 1940-44. J&D Parkway Authority— 3M% Rev 1940-53.A&O 3 M % s f Rev 1968—A&O Niagara Falls— 5 Ms 1941-48 M&N 4.15s Sewer 1965-70.-M&N 4.10% Sewer 1939-50.-J&J 4 Ms Wat May 1 '41-48M&N 4Ms Sew '39-'46 reg.M&N to 2.30 5Ms 1953 87 89 6s 1947 Beach acquisition.. 93 98 Mamaroneck (T) 4Ms '39-64J&J 1.00 to 3.90 % Mamaroneck Un F S D No 1— 5Ms May 1 *39-'52—M&N 6 1.00 to 3.55 % 3.90s 1939 J&J 1.100 4s b 1.60 M&N 3 Ms Corp stock Mar 1,1960 3 Ms Corp stock Jan 15,1976 3 Ms reg Corporate stock to 2.90 Jamestown— 4s Mar 20 1943 A&O 1.60 4Mb 1939-1940 A&015 6 1.00 to 1.20 % Jamestown S D 5s 1939--J&D l.C Lackawanna 4 Ms '39-'54M&N T.00 to 3.30 Long Beach 4s Jan 15 1939 99 M 100 2.25 2.25 2.25 J&J 114m 116m 116m 3 Ms g exempt 1953 M&N 6 3.25 3 Ms g exempt 1954 M&N 103 m 3 Ms g Water ex 1954. M&N 103 m 3 Ms exempt 1955 M&N 103 3 Ms stock Apr 1,1954. A&O 102 m 0.60 0.50 to 2.50 to 2.75 M&N 2*66 to 2.20 to 1.60 to 3.10 to 2.00 to 2.50 Un Fr Sch Dlst No 1 4.60s 1944-1966 Huntington (T) 4s '39-'52_J&J Islip 4s 1939-1951 M&S Ithaca—4mb Water 1942 J&J U4M 114M 115M 115M 117M 116M 114 107 July 1 '75 3 Ms Corp stock 1939-54— b 0.50 3 Ms g exempt 1941 M&N b 1.80 3 Ms exempt 1942 M&N 6 2.00 3 Ms R T 1948-1950—M&N 6 3.00 3 Ms g exempt 1952 M&N 6 3.25 2.90 1.00 1.00 2.75 101 2.25 2.25 to 2.50 0.40 to 3.00 to 3.00 4s due Jan 1 1966. / Flat price. to 3.60 to 3.40 1.00 4s Canal Imp Jan 1967—J&J 4s Highw Imp Mar '67—M&S 6 Basis. J&D 6 2.25 1.00 2.50 1.50 J&J 4s g High Imp Sept 1958.M&S 4s High Imp Mar I960-. M&S to 3.60 100 NEW TORS . J&J 6 2.25 100 1.50 4Mb 1939-1950 J&J Middle Rio Grande Conser Dist 5Ms 1939-1973.-F&A Socorro Co 5s 1941 op '21.A&O J&J is Highway 1965 M&S (s Barge Canal 1945 J&J is Bonus 1939 A&O is Bonus 1940 1949 A&O 4s Canal Term 1942 J&J 4s Canal Term Jan 1946.-J&J 4s g High Imp Mar 1958.M&S to 2.70 1.75 99 98 Albuquerque— Canal 1965.- to 2.90 0.30 4.40s 1939-1965 —J&D 6 2.00 to 4.35 Groton 6s Wat *39-'50—M&N 6 1.00 to 2.75 Harrison (T)— 4Ms 1939-1980 F&A 1.00 to 3.60 to Ian 1 & July 11949-1952.._ 99 2Mb H way deb 1944-45.M&S 6 3.00 2Mb 1946-1951 J&D 6 2.40 5s Jan & Mar 1 1939-1945 5s Jan & Mar 1946-1970 4Ms Highway 1963 —M&S to 2.60 to 3.00 6 3.00 4Mb Dec 16 1952 opt '22. J&D 4s Fund 1939 opt 1919—M&S tt,/- r46-'47—M&N to 2.80 Greenburgh U S Sch Dlst No 9 NEW MEXICO 6s Highway to 3.00 to 3.00 6 3.00 6 1.50 0.25 0.60 0.50 3.20 0.60 4s 1945-1953 to 2.50 to 3.35 to 3.15 4mb Water 1939-45-.A&0 6 0.40 to 1.55 Erie County— 0.80 to 3.00 4Mb 1939-1959—.... J&D to 2.40 100M to 3.25 0.60 Cortland Co 4 Ms '39-'51.J&J Delaware Co 4.20s '39-'52A&0 Dutchess Co— 4s 1939-1946— M&S 4s 1947-1954 M&S East Chester— 4Ms 1939-1958 F&A 6 Elmira—- to 3.35 to 2.80 to 3.10 0.70 3.40 113 113m 108m 4s Various 0.60 118M May 1957. M&N 4s Nov 1955 4s Various 1956 to 2.20 3.00 J&D 15 M&N A&O J&D 121M to 3.35 119 to 1.70 3 Ms ser F 1940-64.-M&N 6 2.00 Columbia County— 0.30 4Mb 1939-1959 A&O 0.40 Coming 5 Ms 1939-1960-M&S 3Ms 1940-1964 1.25 4a Oct 11942. ls to 2.90 Sewer Authority— 4s 1940-1964— J&D Union City 4 Ms 1939-'64.J&D 61.75 ]s Canal 1964 4s Nov 1958 4s May 1959 4s serial 1939-1963 3 Ms Corp stock to 3.20 to 3.35 Union County— w to 2.15 4Mb 1939-1967 4s June 15 1960 4s 1939-1958 J&J 3.40s Nov 15 '39-'55—M&N 3.10s Oct 15 1939-46-A&0 2.60% Relief 1939-45—J&J 2Ms Oct 15 1939-56..A&O 2.20s Jan 15 1939-47.-J&J to 2.60 -J&J 6 1.00 M&S 6 1.00 5Ms 1939-1951 A&O 6 1.50 5s School 1939-1955—-A&O 6 1.25 4Mb 1939-1966 F&A 6 1.25 4 Ms 1939-1960 F&A 6 1.50 H'w'y deb to 2.40 0.50 124 120 119M 113M 113M 108M 108 M 109 M to 2.50 to 1.75 119M 118M 116M 116M 118m 112m Mar 1, 1981 4s Oct 1,1980 ; 4s May. 1977 to 2.50 0.30 118 M&S A&O M&N .—M&N M&N 4 Ms 0.50 2.-00 to 1.80 to 3.20 118 0.30 to 2.10 to 2.25 April 1,1966 A&O Apr 15,1972...A&015 Rap Tr & Wat '74 J&D Feb 15, '41-'66.F&A15 4Ms Feb 15,1976—F&A15 4Ms Nov 15,1978—M&N15 0.30 0.40 to 3.10 to 2.25 to 3.20 Sch & Var 1939-J&D 1960 M&S Mar 1, 1962 M&S Mar 1, 1964 M&S 0.40 5Ms 1944 to 2.40 A&O 6100 t 4Msl939-1966 A&O West New York— 4Mb Oct 1 1939-1968—A&O 5a School 1939-1961—M&N West Orange Genref 3Ms 1940-1959 A&O 4Ms 4Ms 4Ms 4 Ms 4 Ms 4Mb 4Ms 4 Ms 4 Ms 4 Ms 4Ms 4 Ms 4Ms to 2.55 5s 1939-1950 Trenton— 3 Ms 1941-51 opt 4 Ms to 2.60 0.50 to 1.40 b 1.00 b 1.00 b 2.35 b 1.00 ..J&D 0.50 0.50 to 2.60 M&S 117m 1957 M&N 115m Nov 1957 M&N 115m Dec 1, 1979 J&D 122m Corp stock 1967..J&J 119 Corp stk 1971 ..J&D 15 120m July 1,1939 to 1955— b 0.50 Jan 1, 1977 J&J 117m 0.60 Buffalo— % 75 i City Hall 1939 1965 to 1.30 M&N b 1.30 b 1.00 4 Ms 1963 4 Ms May, to 2.30 4s 1939-1972 to 3.00 4Ms School 1941 ..F&A 4 Ms Imp & sch *39-'60.J&D 6 1.00 Sussex Co 4Ms '39-'44—-M&S 6 1.00 4s Impt 1939-1955—M&N 6 1.00 4s June Ask M&N b 1.00 0.50 Binghamton— 4Ms Oct 1 1939-1971..var 2s Mar 11939-1956 _ Tenafly 4mb 1939-1963.F&A 4Ms M&N M&N M&N M&N 0.50 Auburn 1.60s 1939-1958-F&A % % to 2.70 J&D J&D 1939-1962 New Roche lie— 5s 1939-1950 4Mb 1939-1944 4 Ms 1945-1965 4 Ms 1939-1963 2Mb 1939-1947 New York City— 2Ms 1939-1978 M&S 2% 1939-1955 —M&N Albany Port District— 90 99 J&D 6 0.75 4 Ms 1939-1952 J&J 6 0.75 8outn Jersey Port District— Marine Terminal— 4Mb 1939-1969 4Ms 1939-1968 Newburgh— 4s Wat Impt 1942-63—J&J 4Ms Wat Impt 1939-41.J&J 4M 1939-1969 M&N 4MJ939-1970 J&D 4s Munic & Sch *39-'63_J&J 3M 1939-1971 J&D 2 Ms 1939-1945 M&N 2 Ms 1945-1953 M&S 3*80 _ 4Ms 1939-1973 South Orange— 4s 1939 to 1944 123 123 to 2.25 Bid 2 Ms refunding 1939-57-J&J Albany (City of) — 93 Plalnfield 4s School 1959 M&N 4mb 1939-1962 Various. J&J 6 "p.75 _ 2*30 123 123 To Net or Bonds 3 Ms Fund 1939-1941. M&N Perth Amboy— 4Mb April 1944 — 4Mb Water 1939-64—M&S2 6 5s Feb 1939-1977 F&A 6 Somerset County— 4 Ms 1939-1949 to 2*35 2Ms Dec 8 1939-1987—J&D 6 0.25 to 2.15 Unemployment Relief— 2 Ms July 6 1939-1947—J&J 6 0.20 to 1.45 General State Improvement— 0.20 to 1.95 2Mb July 6 1939-1962.-J&J 0.25 to 1.30 lMs Sept 10 '39-46.M&S 10 Emerg Unemploym't Relief— 0.25 to 1.00 2Ms Sept 25 '39-'43.—M&S 1.10 to 1.20 2 Ms Sept 25 '44-'45—M&S 1.05 to 1.30 lMs Sept 10 1944-1946 Albany County— 0.50 to 2.60 4Mb 1939-1960 M&S to 3.80 to 121 J&J M&S 6 0.25 to Eliminat'n of Grade Crossings Passaic— 534s General Improvement 1939-1951 -J&D 6 1.50 5s Impt 1939-1948 M&N 6 1.50 4 Ms Refunding 1944—M&N 4 Ms Water 1939-1970-J&J 6 1.00 to 2.10 3Ms Mar 15 1939 M&S 15 3Ms Mar 15 '40-'81-M&S 15 6 0*50" 3Ms Mar 15 1939—M&S 15 3Ms Mar 15 '40-'81-M&S 15 5 "0.50 121 3s g Canal Jan 1 1956...J&J 3s g Canal July 1 1958 J&J 121 121 3s g Canal Jan 1 1959---J&J 81 M&S Yield Basis To Net 2.15 to 3.20 b 1.25 b 1.25 .... 1939-1940 Ask 6 1.25 _ 4*A* 19311-1957 F&A 4Ma Sch & wat '31K69-J&D 4 Ms 1938-1967 J&D North Arlington (Borough) Refunding 4s North Bergen ref 4s-4Ms Nutley (School District)-4 Ms 1939-1942 F&A 4Ms 1943-1967 F&A 6Ms Nov 15 1939 ...M&N Ocean City5s 1944 F&A 4 Ms Impt May 15 1939-'-56_ Ocean Co 434s 1939-'60.J&D "Orange— 4 Ms Sewer 1939-1964.A&O 4 Ms Bid Bonds 6 2.00 6 0.50 to 2.20 M&s 6 0.50 to 2.30 6 0.80 to 3.25 Poughkeepsie 4Mb '39-52 J&D 4s School 1939-*59 Port Jervls 4M» '39-'69 —J&J Port of N Y Authority— Gen & ref 4s May 1, 1975— Gen & ref 3 Ms Dec 1,1965. Gen & ref 3 Ms May 1,1976 Gen & ref 3 Ms Aug 15 1977 Gen & ref 3s Dec 15 1976... George Washington Bridge4Ms Ser B '40 to '53.M&N Inland Terminal— 108 105 m 103 m 100 99 108 m to 3.10 109 106 M 104 M 101 100 109M 4mb ser D '39-'41—M&S 6 0.75 to 1.70 4Mb ser D *42-'60—M&S 109m 111 Holland Tunnel— 4mb ser E *39-'41—M&S 4Mb ser E '42-'60—M&S 6 0.50 111m Putnam Co 4Mb '39-'51.A&0 6 0.70 4s 1939-1954 F&A 6 0.70 to 1.20 112 to 2.70 to 2.80 Rensselaer County— 0.80 4Ms Highway 1939-58.F&A 5s '39-'62 F&A 0.50 4Ms Pub Imp '39-'58-F&A 6 0.50 4Ms 1939-1959 M&S 6 0.50 4s Imp Sch &c '39-'47_J&J 0.50 2 Ms 1939-1957 0.50 M&S 1Mb 1939-1940 A&O 0.50 1.70s 1940-1948 F&A 0.50 Rockland Co— 4 Ms 1939-1945 M&S 6 0.90 to 1.70 to 1.75 % Rockvllle Centre (V)— 4.15s 1939-1952 6 1.00 to 2.80 6 0.60 to 2.35 6 0.60 to 1.60 6 1.00 to 3.10 Rochester J&D Rome 4.10s 1939-1950.-M&N 1.80s 1939-1945 M&N Rye & Har'son Un Fr S D No 6 4.40sl939-1953 F&A Saranac Lake 4.45s 1939-F&A Saratoga Co 5s 1939-'40-F&A 4Ms 1939-1955 M&S 4s Sept 1 1945-1954—M&S to 2.70 to 2.60 to 2.30 to 2.40 to 2.00 to 2.20 to 0.80 % h I 6 0.50 to 1.00 6 0.50 to 2.50 6 1.75 to 2.40 % DEC., 1938] 0.40 0.40 M&S M&S 0.50 0.35 J&J 1942-1958 5s Dec 15 1938-1948 Solvay 4Mb Somers (T) - 1939-1940—F&A 4Ms'39-,53-M&N Southampton— 5s 1939-1971 6 1.50 to M&N 0.40 0.40 0.40 to 2.00 M&S 5Ms 1939-1960 1939-1944 M&N '38-71 J&D15 4.20s Dec 15 F&A J&J15 1939-1946 3Ms 1939-19513s 1939-1971 2.20% 1939-1957 2s 1939 1956 4s 5s Impt June 1 4Mb 1939-1967 1946-1950 3Ms 1951-1950 J&J15 M&S M&S 2.10% Aug 15 1946-1947-- _ 2.25 b 0.25 2.75 to 1.75 to 2.60 b 0.40 to 1.90 6 0.50 to b 0.40 b 0.35 to 2.00 b 0.35 to 2.50 s f revenue 1977 4s serial revenue A&O 1942-68— to 1.00 6 0.60 to b 0.25 to 1.85 Ashland 5 Ms b 0.25 to 1.90 to 1.75 to 2.00 1.70 to 6 0.75 1.00 6 to 3.00 to 2.60 J&J J&J 0.25 0.25 0.25 J&J J&J to 2.00 to 1.50 to 1.35 Co Bldg 4s Co Bldg 1939-1951 6 4.50 to 3.00 Tulsa— 5 Ms July 3.30 6 4.00 6 4.00 to 6 "2.00 to 6 1.00 to M&S A&O J&D 3.00 6 2.50 to 3.25 % 3.00 6 "l.25 to2~66 1.25 6 2.00 to 2.25 100 J&D J&D to 6 1.25 to 3.25 1.50 to 4Mb 1939-1943 A&O 6 2.00 to 2.75 4Mb Road 1939-1941-A&O 4s 1939-1941 A&O 6 2.00 to 2.75 1.50 to 1.50 to 1.50 to 1.50 to 1.50 to 2.60 to 1.50 l-4s gen to 1.50 to 3.00 1.00 to 3.30 6 2.00 to 3.25 F&A F&A F&A 6 1.00 to 6 1.00 6 1.00 A&O 3.00 J&J 2.75 to 2.85 to 2.85 4Mb Bdge 6 2.00 6 2.00 to 3.00 6 1.00 to 1.60 6 1.75 to 3.00 6 1.50 to 6 1.00 to 2.30 Buncombe County— l-4s gen ref 4Mb 1939-1970 4 Ms 1939-1979 3 MB 1939-1959 3s 1960-1977 2Mb 1941-66 Durham— 4Mb J&J 1939-1960 5s Water 1939 to 1945.J&J Durham County— 4 Ms. 1939-1951 J&D Forsyth Co 4Mb '38-'58-J&D Granville Co 4 Ms '39-M&N Greensboro— 5s Water 4Mb 4Mb 1939-1963 1939-1965 4s Water F&A J&J 1942 .F&A Works 1954—J&J Ref'g 3 Mb 1957-1962- J&J Greenville 5s W W '68..F&A •Ohio municipal bonds Elyria 4Kb 5s W W 1939-1952—.M&S 67.00 6 J&J 1.00 '39-'40.M&S 6 1.00 1939-1946 1.00 to 2.85 Fostoria 5s W W 1.00 1.00 1.00 M&N M&N -M&N F&A F&A M&N 36 M 35 M July 1 1976— Charlotte— 5 Ms 1939-1948. 4M? gen imp 1939-43.-A&O Liverpool 4s 1940.—J&J to 3.10 4MB 1943 to 3.00 4Mb Oct 11939 6 1.00 4Mb Sewer Oct 1 1939-'47— 99 M 6100M to 2.60 2.95 1.00 1.00 to a 2.50 1.00 to 3.00 1.00 1.25 to 3.00 1.00 3.00 2.75 1.50 to 4.00 1.50 3.75 to 4.00 3.60 98 4.00 0.75 to 0.50 1.00 to 2.30 1.00 1.25 to 2.85 1.00 to 1.00 to 3.25 0.50 0.50 to 2.65 1.00 to 2.75 to 2". 85 to 2.60 to 1.75 to 2.30 to 1.50 2.70 to 2.75 6 1.25 too.00 6 1.25 to 2.65 (.80 2*45 6 Par to 6 Par to 2.40 6 1.00 to 2.45 6 0.90 to 2.30 J&D 6 1.70 4Kb Water to 2.70 1939-1960-M&S 6 1.70 to 3.50 Bethlehem School Dist— 6 1.80 to 2.60 4s 1940-45-50— 6 1.01 to 2.35 Braddock 4Kb '39-'41-M&N Par to 3.20 Cambria Co 4 Ms Nov 1 '39-'45 6 Del River Jt Comm -Bridge 105 M Phiia-Camden— 115 4Mb Sept 1 '67 opt *41 2 Mb Water works— 6 0.85 1939-1960 M&S 4Mb 1939-1900 F&A 6 1.10 4Kb Jan 1 1939-1940 Fayette County— 4Mb Highway 1952 to 2.50 to 2.70 6 Par to 2.55 % 3.05 J&D Harrisburg— 4s May 15 Jeanette 4Mb 1939-1953 1939-1950.M&S Par to 2.35 Par to 3.10 to 2.20 to 2.50 Lancaster 1944-F&A 6 2.75 Co 4Mb *39-'60F&A 6 0.75 S D 4s May 1945— 6 2.20 Lower Merion to 2.00 to 3.50 to 3.75 to l".75 M&S 4Mb 1938-1940 J&D2 67.50 Mahoning Val San Dist— 1.50 to 3.00 1.50 to 2.50 1.00 Twp 4s 1945.. 6 2.20 McK'p't S D 4M* o9-43 M&N 6 Par Mercer Co 5 Ms *39-'47 F&A 6 Par Norristown S D 4M« 1943.J&J 6 2.30 Philadelphia— 5s Jan 1951 J&J 114 5s June 1 1962 opt '52. J&D 115 5s June 1 1982 opt '52-J&D 115 4Mb May 1948 J&J 107] 4Mb Nov 1 1948 J&J 107] to 2.00 2.00 to 2.60 (after 10 years)—.J&D 6 2.60 to 2.90 issued since Jan. 1,1913 are taxable, 0.50 Lancaster A&O 4Mb water 1939-1952..A&O Martin's Fy 5s 1939-'44.M&S Miami Conservancy Diat— 5Ms (1 to 6 yr mat'y)—J&D ►Ms (5 to 10 yr mat'y)_J&D to 2.85 Lacakwanna Co 4s F&A A&O 5s Park & Imp '39-'4l_A&0 6 1.25 6 2.00 Lima 5Mb Sewer 1938-1947. 5s Sewer Feb 1 1939-'51 F&A 6 2.00 Lucas Co 4s O H 1944 to Erie S D— Lakewood— 4M? Oct 1945 to 2.75 0.75 Easton " 1.10 2.30 % to 2.20 A&O 2.00 Altoona— Hamilton County— to 3.10 45 to 1.75 1.00 2.50 to 2.80 61.00 4Mb 1939-1940 M&S 4 Ms 1941-1961 M&S Dayton School Dist— 5 Ms 1941 M&S 5s Mar 10 1939-1946.M&S10 East M&N Multnomah Co 3 D No. 1— 4Mb July 15 1939 J&J15 4s Julyl5 '40-*45 J&J15 Portland— 4Ms Sewer 1939-59 . East Cleveland— 36M Bridge 1945-1955.._J&D 39 2.00 Allentown— to 3.05 1939-1951-M&S to 1.50 to 1.25 4Mb July 1939-1958 J&J 4s Bridge 1942—. F&A 4s 1939-1958 M&S 2Kb Dec 1 1938-1965—J&D 2 K Apr 1 1939-1967—A&O 2Mb 1939-1968 J&D 2.90 to 5Ms W W Imp 1944—J&D 5s W W Imp 1945 F&A 1.00 1.00 35M 4Mb Bridge 1939-1944.J&D 4Ms 1949-1956 F&A Allegheny County—' 4Kb 1939-1962. 2.70 to 2.70 to 2.60 6 2.00 A&O 1.00 ref July 1 1976 to 2.50 1M% Taxanticipa'nnotesSeries "DT" May 311939— 0.50% 128 130 5s July 1 1951 Series O—J&J 100M 101 4Kb Dec 1 1951 opt '37—J&D 6 1.00 to 1.95 % 4 Ms 1939,1944. 1949 J&J 4s Highway Apr.l 1940, 1942, 6 1.20 to 2.10 % 1945, 1947. 1950, 19&2— 3Ms Turnpike Revenue— 98 M 108 1947-1968 F&A to 3.20 1.50 2.85 Asheviile— to 2.00 PENNSYLVANIA 3.25 3.20 3.10 3.25 3.00 3.25 3.10 4 Ms 99 M to 1.00 1.50 0.75 0.50 0.50 3.70 6 2.25 to 2.85 to 2.10 to 1.00 101 to 3.60 6 99M -J&J M&S to 2.10 6 2.50 /J&J 3.00 to 3.25 0.75 1939-1955...M&N 4s Water 1939-1958 J&J 4s Water 1940-1959...F&A Dayto 254s 1946-47-48 2Mb 1940-1948. 2s 1948-1949 to 3.25 6 1.00 6 2.00 to 2.15 2.50 to 1.25 to 4s Water Cuyahoga County— to 2.00 to 3.50 6 1.50 to 2.20 to 3.40 1939-1944 to 6 3.25 5 1.00 J&D 19 - % to 1.25 1.75 3.75 to 2.00 to 3.65 5s 1939 to 3.00 1.00 J&J 6 1.00 M&S 4Mb 1939-1953 4 Ms 1939-1955 s-a 2Mb 1940-1959 3.40 1.00 6 1.00 6 2.00 1.00 2.00 % to 2.20 6 2.50 2.05 1.00 to to 2.10 to 3.50 A&O A&O 6 1.00 6 1.00 2.00 to 2.85 2.70 1939-50.M&N 4Mb Dock 1943......M&N 4Mb Oct 1939-47 A&O 4 Ms 1939-1960 M&N Columbus S 5s 1943-1952 A&O —A&O to 5s Harb Dev to 3.40 J&J 6 1, 50 F&A 1946 Ref 1-5% 1967— Eugene 5s 1942 4s to 3.80 J&J 4Mb 1939-1962 4 Ms 1939-1968 4s 1939-1908 3 Ms 1940-45 to 2.90 Multnomah Co— to 3.80 NORTH CAROLINA 5s July 1901 to 6 2. 60 — 2.00 11939-'62—A&O to 2.25 Astoria— 2.00 6s Feb 11939-1952 A&O 5 Ms Jan 1939-1901—-A&O 5s 1939-1901 A&O to 2.90 6 1, ,50 6 1, 50 OREGON 2.00 Yonkers— to 3.35 to 3.25 2Mb May 15 1939-1940 3 Mb May 15 1941-1945 4.40 0 3.25 4Mb H'way '39-49 (»-a)_A&0 4s Highway 1939-1942..A&O 4.00 4s Highway 1939-1941 A&O 2.00 to 3.85 1939-1959 (reg)—M&S 1.00 3.90s 1939-1954 F&A 6.2.00 2Mb Sept 1 1943-49 6 1.00 Wolcott 4Ms Jly 15'39-'42J&J 4Mb to to 4.60 to 3.75 to 3.75 3.30 6 1, ,50 6 1, ,50 to 4.75 6 4.00 2.00 to 2.35 2?50 to 5.00 to 4.25 2.00 1.00 to 3.00 to 3.20 4.75 to 6 2.50 Columbus— 6s 1949-1957 to 2.50 to 3.10 6 1 50 5Ms Wat & Pk '39-'49-F&A 6 1.50 5s 1939-1947 F&A 6 1.75 6s Feb 1 1939 3.25 to 2.75 to 2.75 1.00 2.50 J&D J&D J&D J&J 4Mb Marl 1939-'56—A&O 4s 1939-1958 F&A 3 Ms 1943-61 —J&D 3.30s April 1 1939-1956— 3.10s Oct 1 1939-1964 2Mb gen & ref July 1 '43-'46 1940-1970 I 6 1, 50' to 3.25 1939-1947—.M&S 4Mb Water Works 1941 Okmulgee 5s Mar 15 1943 3.25 6 4.25 1912—.A&O 5s W W 1939-1968 White Plain*— 4Mb July 5s Water 3.25 6 3.75 1941 M&S Imp Feb '46-*51—F&A 5s July 11965 J&J 4Mb July 1943 J&J 4Mb Sewer 1955. A&O 4s 1939-1956 M&S 3 Ms Sept 1 1939-1902 2Mb Sept 1 1939 to 19562Ms Sept 1 1939 to 19762s Sept 1 1939-63 M&S Cincinnati (School Dist)— 5 Ms 1.00 1939-1951 1952-1963 3.25 5 Ms 5 Ms 3 Mb 1940 opt Cleveland— S%:80 3.20 Muskogee— 6 1.00 4Mb Aviation 1939-53-J&J Oklahoma City— 1.50 5 Ms 1938-1940 J&D Cincinnati— to 3.10 to 3.05 to 3.30 5s Road 1939 to 2.25 1.00 2.50 6 1, 50 100 4Mb Grad Oros'SO-^.A&O 4Mb Fire Dep '39-'55—A&O 4Mb 1939-1950 M&S 4s Sewage 1939-19581.M&S 3 MB 1939-1949 A&O 3 Ms 1939-1950 A&O 3 Ms 1944-1953 M&S 3s 1939-1963 A&O 2Mb 1939-1951 M&S 2Mb 1939-1951 M&S Cleveland Heights S D— 6s 1939-1959. A&O 6 1939-59—.M&S 354s 1952-1980 2s to 3.40 to 2.50 OKLAHOMA to 3.05 4.40s 1956 1.00 3.00 '69 J&D 4s June 11959-1964—J&D 3 Ms 1939-1951 J&D 3 Ms 3 Ms to 3.25 4Mb Dec 5 1939-42 6 1 .50 JOO % 2.90 6 3.40 A&O 5s 1954 1.00 2.10 1939-44-A&O *44, '45. '56 & to 3.30 1.00 3.10 Parkway 1962-80. J&D s 100 98 1.00 6s Water 1944-1959 Canton School Dist— to 2.00 to 3.25 3.25 1939-1944.A&O 5s Sewer 1953 6 1 .50 2.60 2.75 to 3.15 Canton— 6 0.30 b 0.25 Oct s to 6 3.40 J&J to 1.60 County— 1939-1976 J&D is San Sew '39-'82—J&J i to 3.20 1.25 5 2.75 6 101 A&O Mb 1939-1951 b 0.30 Westchester t7]s 3.00 to 3.30 (See footnote *) b 0.40 b 0.50 1939-1946 Thousand Islands— 4Mb Bridge Rev '67.M&S 1.50s 30 M 1.25 1.25 5s Water to 6s Bdge 1939-41 A&O 4Mb 1939-1957 A&O Youngstown School Dist— 4MB 1944-1947 M&S 5s 1939-1944 M&S Zanesville—5s City Hall & Market 1939 M&S Zanesville S D 5s '39-'43.A&0 32 M 1.25 1939-65-M&N 2.75 to 3.00 to 3.00 Watertown— 4Mb 1942 4Mb 1939-1953 5s 1939-1945 Sewage Dis to 6 1 .00 Youngstown— 1.25 1940-45&'50 J&J to 3.20 6 1 .00 A&O A&O 4MB 1939-1959 4MB 1939-1950 92 3.15 1939-1953—-A&O 4Mb 1939-1947 A&O 4Mb 1939-1952 A&O 4MB 1939-1956 A&O 4s Water Works 1942. A&O Allen Co 5 Ms 1939-1950.A&O D No 10— 1939-1942 4 Ms 1948-56—J&J 1956-68—J&J to 1.75 6 1.50 Toledo School Dist— 94 100 M&S M&N 15 J&J Akron 6s 1939-1940 5 1939-'53_F&A to 4.10 Forks— OHIO — highway to 3.85 6 3.90 112 b 0.30 3 Ms May 15 'Sg-'Sl-M&N b 0.80 to 2.60 2.75s 1940-1966—A&O QQ 42.60s 1967-1969 A&O 6100 to 6 0.75 to 2.50 Warren CO 4 Ms 1939-'50-F&A 5 Ms 6 1.90 to 2.80 to 3.60 J&J 3.40 to / to 2.75 5s Sewer 1949 98 6 3.25 Grand 4s F&A I960.—M&S M&S 4MB 1939-1954 M&S15 4MB 1939-1953 _M&S 4MB Nov 1 1939-1953 48 Park July 1 1942 J&j 5s W W 1939-1944 to 3.60 99 M 6 A&O Toledo— DAKOTA NORTH 5s Farm L'n Summit Co— to 4.00 M&N M&S 6 1 .50 6 1 .00 6s Pub Wharf 6 3.40 6 J&J M&S 1939-1955 4M 1939-1940 6 1.70 to 4.00 b 0.50 A&O A&O J&D 3s refunding 4s 3.45 to 3.90 to 3.25 b 2.10 _ 4s refunding Portsmouth City S D— 4MB 1939-1950— Springfield— 4MB 1939-1949 Net Ask Springfd S D 5s 1939—J&J2 6 3.70 M&N '39-'42 J&D Newark 4Ms 1939-1941..A&O 4.00 5 Ms 1945 & 1948 ser O—.J&J 6 3.40 4Mb July 1951 & 1955 J&J 6 3.40 4Mb Jan 1957 J&J 6 2.00 argo 4s Aug 15 1939-1954— to 3.25 111 Utica— 4 Ms Pub Imp '39-,45-J&J15 4.20s 1939-1949 F&A 4.15s 1939-1950 M&N 4.10s 1939-1946 A&O 3.90s 1939-1948 F&A Warsaw Union Fr S J&J 1944—J&D A&O 4Mb 1939-1958 4Mb 1939-1973 Union Free Sch Dist— M&N 6 1.00 2.80s 1939-1958 4s 4.00 1939-1947 5s Sept Trlborough Bridge— to 3.70 6 4.10 4Mb 4Mb Pub Imp 1939-60-J&J Winston-Salem— to 2.20 1939-1953—J&J 6 3.30 1955—A&O 1939-1962 A&O to 2.10 „ Troy— 6s 1939-1940 reg 4Kb 1939-1950 4Kb 1938-1970 4Mb 1939-1965 M&S A&O b 0.25 6 2.00 5s Water 1939-1950—J&J b 2.00 5 Ms Water 1939-1950—J&J 3.00 3s 1955-1970 b 0.25 3 sewage 1940-69—J&J 4Kb 1939-1942 J&J b 2.00 b 2.00 6 3.15 Wilmington— 5s Ref & Impt 6 1.75 to 1.85 to 1.70 1Kb 1939-1948 F&A b 0.30 to 1.50 b 0.30 1Mb 1939-1946 M&S own" Thousand Isl'dse See "Watert Tlconderoga S D No 5— to 3.00 4Kb July 1939-1958 J&J b 1.00 Tonawanda (City of)— b 1.25 to 3.20 Ms 4Ma Sewer M&N Randolph County— 4MB 1939-1947 F&A 4Mb 1948-1959 F&A Rutherford Co 5s '39-'52_.J&J Salisbury 6s 1939-1941-M&N Transylvania County— Road & Bridge 6s 1949-50— to 2.25 to to 3.60 Raleigh— to 2.30 0.50 b 1.75 4MB 1943-1947 5s Fund June 1959 to 2.40 0.40 to 4.75 Pitt County— to 3.00 _ 2.50 1939-1951—.F&A 4s Suffolk County— i 4MB 1939-1957 A&O 3 Ms 1939-1951 F&A 2 Ms High & ref 1939-67 M&S 2.20s June 1 1939-1962 J&D Sullivan Co 4 Ms 39-'45.A&O Syracuse— 4 Ms 5s Bridge 3.00 b 1.00 91 1939-48.J&J Mecklenburg Co— 6s Ref Nov 1950 to 1.50 b 1.00 97 M 4.35 5s Flood Emerg % 90 Lincoln Co— to 2.00 6 1.00 to 3.70 1938-1908 J&D Iredell Co 5s Aug 1 *42_F&A 4MB 1939-1950 A&O to 2.50 b 0.25 1.25 95 M&N 5s Wat Serv to 1.80s 1939-1950 4 Ms 4Mb 1939-1957 High Point 4Mb to .A&O 2 Ms 1939-1955 2.20s 1939-1950 Montgomery County— luilford County— 1.50 2.10 to 2.20 to 1.80 1939-1944- .A&O Bonds Net Ask Bid Saratoga Springs— 1 6 0.50 to 0.90 4Kb Park 1939-1940- .A&O to 2.00 Scarsdale 4Mb 1939-45- .J&D b 0.50 Schenectady— 0.25 to 1.10 5s Dec 15 1938-19410.40 to 1.75 _J&D 4.30s 1938-1948 0.40 to 2.40 -A&O 4.15s 1939-1960 Bid Bonds Net Ask Bid To or To or To or Bonds Yield Basis Yield Basis Yield Basis 4s Oct 15 9? MUNICIPAL BONDS Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue STATE AND all bonds issued prior to that date are tax-exempt. 6 Basis. J Flat price. to 2.00 2.00 to 2.45 to 2.35 2.10 117 110 110 98 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 Bonds Bid Ask 4 Ms 1976 opt 1946 4 3s Dec 17 1978 J&J 4s July 1939 4s July 1942 J&J J&J 103 4s Jan 1 J&J J&J 104 106 108H J&J 109 103 75 80 103 H 1946 4s Feb 16 1955 4s Nov 1 1906 4s July 20 1972 3 Ms July 1 105J 1063 107 $4 108 >4 4Mb fund 1939-'47.M&N15 Perkins Co refunding 3-4s 101 Stanley Co refunding 4Hs—- 106 5$4t Dec 1 1940 94 Bonds Net 65 90 less J&J 6 0.60 0.60 0.50 0.50 4$4s 1941-1959 M&N 4H« Apr 15 1939-58_A&Ol5 4s 1939-1942 to 3.20 J&J 4s 1938-1956 J&D Operating Revenue— 1 $4)8 Apr & Oct 1939-1941 Pittsburgh— 4$ts 1939-1950 J&D 6 0.50 to 2.50 > % h 100H J&D 6 2.80 1939-1963 J&D Reading 5s Impt 1943-49.J&J Schuylkill County— 4$4s 1939-1955 2.50 % 0.40 2.25 J&J to to 2.60 1.75 1.80 1.90 Scranton 4Hs '39-'41 F&A 5s 1939-1950 F&A Scranton School District— 4 $<s 1939-1956 J&J to 3.20 to 3.10 to 2.70 to " F&A 1.10 % % 2.00 2.00 % 4s Oharit Inst 1965 0.40 2.00 to 2.30 6*2.75 J&J 4 Ha Mar 15 '39-73.M&S15 5s 1939-1942 A&O 1.00 1.00 1.25 1977 .60 Cranston— 4s 1939-1966 2.65 % to 2.25 4Hs 1939 M&S 1.00 to 1.25 5Hs June 1 1939-1953 1.00 to 3.50 4$4s Mav 1939-1942-M&N 6 0.40 to 2.25 4s May 15 1948 M&N 3$4s g High sch 1954.J&D Pawtucket— 4$4s 1950 4 $4s Sewer 1952 J&J J&D M&N 4 $4s School 1954 Providence— 4s May 2 1957 3.30 3.30 1.10 0.50 6 2.40 ... 2.35 6 2.15 1.90 2.75 6 3.00 84 90 85 95 „ Par J&D to 2.60 J&J 4.00 2.50 2.60 4s Oct 1 1964 3.75 % 3.10 % 2.60 6 3.25 6 1.00 to 3.25 8s 1944-1951 2$4s 1939-1957 2s May 1 1939-1958 to 2.30 to 2.30 to 2.25 to 98 land River Bdge 1953.F&A Nashville— 6s 1939-1942 A&O 5s March 1939-1960---M&S 5b Memorial Sq '39-50-M&S 60.40% WPA School Loan— 3s 1946-1965 J&J 1.65 Woonsocket— 4$ts funding 1941....-J&D 6s Fund 1939-1901 Par M&N Par 4$*s 1939-1967 J&D is Funding 1944 M&N 11939-1907 J&D 6 1.00 i June 1939-1957...J&D 6 1.00 ided 1939-1959..A&O 6 1.00 4s Funding 1947 A&O *" to 2.40 - to % 2.25 4.25 % to 3.75 4Mb % b 3.00 _ to 3.60 % to 3.60% to 3.75 SOUTH CAROLINA 6 3.50 to 3.00 8$4s Refunding 1940-55-... 3$4s State Highway— to 3.00 B s 98 H 101 100 H 103 103 96 104 98 99 101 100 $4 101 102 H 103 3.50 % 6 3.75 99 to 3s Jan 1 1939-1952 J&J 6 1.00 2Mb Highway Oct 1 '45-'54— 6 2.50 Aiken Co 4Hs 1939-1945.F&, 6 2.00 Anderson Co— 4Mb Highway 1939-43-F&A 6 1.50 Charleston—4 $4s Jan '02.J&J 103 3$4s Wat Works'39-78A&0 6 1.50 Cheraw 5s '52 opt '32—July 1 95 Clarendon Co— 6 1.00 93 19 and 1.10 0.85 0.50 A&O 0.60 0.60 2.80 3.10 to 2.10 1.00 0.90 0.50 6 2.00 to 1.90 6 1.00 to 6 1.00 to 6 3.50 6 1.00 6s May 15 '39-'40-M&N15 6 2.00 Columbia 5s Ref 1941—M&S 4$4s Water 1945 J&J Greenville—5s St 1942 J&J 8 $4s water ref 1939-70 M&N 6 1.00 Greenville Co 43*? *40-'55-J&J 6 2.00 1.15 to 2.20 4s 3.00 3.00 Refunding 1942-1951 J&J 3.35 6 2.00 [Commonwealth) to 2.80 to 2.85 to 2.85 3.00 to 3.50 1907j— 'a % 4$4« 1939-1941 M&S 6 2.00 to 2.25 % Spartanburg—4$4s Water 1939-1965.J&J 6 1.50 to 3.30 5s Sept 1 1939 5s Nov 1 1943 : 3.25 Spartanb'g Co 4$4s'39-'47M&8 6 1.75 to 3.00 In Sumter Co 5s 1939-1952—J&J 6 1.75 York Co 4Hs 1939-1950—J&J 6 1.75 to 3.25 to 3.25 SOUTH DAKOTA 5s Rural Credit '39-*40—A&O 6s Sept 1941 M&S 5s June 1 1939 J&D 5s Jan 15 1939-1940 J&J15 5$4s Jan 15 1943 J&J15 454s Rural Credit 1942—J&J 4Hs Rural Credit— Due May 1 1943-'50—M&N Ref 4s Aug 1 *43-*49. ..F&A F&A F&A 1.00 6 2.25 1.00 1.00 6 3.10 6 2.30 to 1.75 % tol.S to 1.75 less less 1 1 6 3.00 to 3.40 6 2.75 to 3.15 6 2.70 to 3.10 100 x 101 3s 6 3.10 6 3.05 F&A 6 4Hs July 1 1939-1950-J&J Fairfax Co 4Mm 1945—F&A2 Henrico County— School 5a 1939-50 J&J 4Hs June 11957 J&D Lynchburg— 4Hs 4$ 3.60 4.00 less 1 to 3.25 to 3.10 to 3.10 to 4.10 less 1 less 1 #g 4Hs Ref Aug 1942 to 4.25 M to 1.00 - to 2.80 1 6 0.50 6 2.60 Charlottesville 5s 1902—M&S 5s Water Impt 1958—.J&J 2.75 2.60 less less to 2.00 4.40 4 to 3.00 1175 less 1 2.00 6 0.75 to 2.90 6 2.50 less 1 6 0.75 to 2.75 6 2.80 less 6 1.75 6 2.00 less 1 less 1 6 0.50 4s to 2.20 1 2.00 2.25 % Newport New. 3.75 J&D 6 2.50 F&A 6 2.60 less 1 4a1 street Nov 11941-M&N 6 1.50 less 1 4Hs Feb 1953 to 3.50 to 3.00 to 2.25 less 1 2.60 3.00 1.50 Norfolk— to 2.50 G? to 2.35 to 2.60 1.40 6 1.00 1939-1973..J 15 & D 15 6 0.75 Arlington Co 6 Mm '39-'54 F&A 6 1.00 Bristol 5Hs Sch 1939-53 J&J 6 2.00 to 2.50 TEKA8 Greater Greenville Sewer Dlst . 6 2.15 6 0.50 s 4 Ha 1948 4$4s Hlghw 1939-1945-F&A 6 2.00 to 3.00 Kershaw Co— 5s Highway 1939-1946.F&A 6 1.50 Marlon Co—- 1902 %ctfs of lndebt July 1' '39 Refunding 1947-'60..J&J s Refunding 1939-'46—J&J emarie Co 5s 1948—J&J Alexandria 6s 1939-1950.A&O to 2.80 to to 2.10 VIRGINIA 100 M&N 3s sewer 1939-1948—.J&D 6 0.65 to 2.65 2$4s sewer 1949-58-—J&D 6 2.70 to 2.90 2.10 2.20 1.25 Danville— 6 1.00 to 2.75 M&N 6 2.20 5%-2H% Refund'58.M&N Burlington— 4Mb City Hall 1940-55. J&D 6 1.25 Rutland (School Debt)— 4s 1939-1948 F&A 6 1.25 104 to 3.20 91 0.50 0.50 2.30 to 3.25 4Mb Road July 2 '39-'58J&J 6 2.00 ashington County— 5% Fdg Jan 1 1954 J&J 6 4.25 White County— 5 $4% Highway 1955—M&S 6 4.00 to 2.75 to 3.75 3Mb 1939-48 J&D 6 0.80 4Hs Oct 1 1939-1949—A&O 6 0.70 Brattleboro— Tipton County— to 2.75 to 3.15 to 3.00 VERMONT 3.00 6 3.00 6 3.30 M&N 6 0.50 J&J 6 0.50 M&S 6 1.00 J&D 6 4.75 J&J to 3.25 to 3.25 to 3.40 County— 1939-1958 to 3.25 pages Salt Lake Co 4Mb Apr 1 1942 to 2.60 4s Ref 1946-1965 .40 1939-1948 Co 5s 1939-1946 Robertson County— 4HsRoad 1948——..F&A 6 3.20 Smith 2.75 3.75 to 4.25 92 STATES—See Salt Lake City 8 D— 4s May 1 1949 to 1.75 .8 to 2.50 to to 2.90 a to 2.60 4$*% Jail 1940-1951—M&S to 2.75 / Flat pries, 0.75 to 3.25 o 101H 6 0.50 6 0.50 1939-1908 1939-1907 to 2.00 to 3.00 to 2.50 to 1.50 5Hs April 1 1941 J&J 4Hs Road 1939 J&J 4Hs July 1 1939 J&J Ogden 4 H % 1939-1945.-F&A Salt Lake City— 5s Refunding 1941 J&J 4s Ref 1939-1945 A&O 98 H 6 0.50 High Sch 1940 J&J 6 0.50 Hospital '39-'60—J&J 6 0.50 5Hb Fdg Ctfs of lndebt 1940-49-J&D 6 1.75 State ctfs of Indebtedness 61Baais. 1.25 0.75 6 2.00 3.30 % 97 4s Courthouse 1957 -A&C 6 2.90 5s Aud Mkt H'se 1949-M&S 6 2.80 to 3.10 6 2.00 3 $4 s 1943 to 1940 3s Feb 1 1947-.- to 2.25 1.25 3 H % to 4 H % due 1969— Shelby County— 4Mb ctfs lndebt 1939- 53.J&D 6 1.00 4s lnstitu'11939-1959 J&J 6 1.00 4 He to 2.65 1.00 Montgomery Co—5s Cumber¬ % to 2.60 1.25 Wichita Falls— to 2.90 Par 0.50 5s Water Works 1942. .J&J 6 2.75 4Hs Water 1939-1968—J&J 6 2.00 to 3.50 1.00 to 2.50 UTAH 6 1.00 0.50 to 2.00 0.50 96 6 3.20 5s River Term '39-'48_A&0 6 1.00 F&A 1939-1950 ' 6 0.75 % % J&J 4Mb Water 1939-1962—J&J J&J A&O 4Mb 1939-1955 J&D 4s 1939-1954 M&3 to 2.75 0.75 M&S Impt Dlst No 2 1943.. UNITED 93 J&J 6 2.00 4Kb Water 1949 4 $|b Park 1959 to 4.25 0.75 . F&A 6 0.50 Sept 1939-1959 Knox A&O J&D J&D 6 1.50 4Hs 1939-1967 J&J 0.50 4$is 1939-1968 F&A 6 0.50 3s July 1 1939-1951 J&J 6 0.75 San Antonio S D 5s '56..F&A 3.00 Waco— 80 6 3.90 4$i% Highway '39-'49 J&D Memphis 5s July 1954 J&J to 3.15 to 3.10 5Hs W W 1939-65—M&N 6 0.75 5s 4.50 % Refunding 4Mb Jan 1 1958Refunding 4Mb Jan 1 1958Refunding 5s Jan 1 1958 Refunding 6s Jan 1 1958 General Obligation 4Mb General Obligation 4Mb General Obligation 5a— Funding 5H» Sept 1950--. Wfttsr ter4$$s. 4s Funding 1952-1962.A&0 Electric System Revenue— to 2.15 6 0.75 6 0.75 6 2.75 1944. '49. '54. '59. '64— 5s St 2.40 % to 2.50 % 4.40 % County— 4$$s Bridge May 1 '51 M&N 6 2.00 San Antonio— 6 4.60 I .90 2.50 to 3.50 Port Arthur— 5* 1939-1970 3.90 J&J 6 4.75 3.30 A&O M&N2 6 0.75 3Ms Nov 11939-1967-M&N to 3.60 to 1.75 Palestine 5s Sch Aug 1 1939, 2.50 % 3Hs 1941-1954 3 Ha 1955-1958 Madison County— 4s Water 1962........J&D «s 3.10 to Knoxville— to 3.25 to 3.60 Newport— 4 $4 s 1938-1959 4s Jan 1 1945 4s Oct 1 1954 to 3.30 — to 1.25 M&S J&D 2.85 1.10 1.25 4Mb, 1940-1958 Hamilton County 4$4% Refunding 1957.A&O 5% Bridge 1944Jackson— 4Hs Ref 1939-1948—J&J Johnson City— 5Hs Impt 1938-1940-J&D ISLAND 1% Relief 1942-1943 M&S 1M% June 1 1939-1943-J&D 3% Public Wks 1951-56-M&S 2.50 3.90 Fayette County— 4$is Road 1958 Gibson County— to 2.60 to 3.90s Sept 1 1955-1958 4s 1940-1955 "ks 1940-1967 is Dec 1 1939 4$48 bridge 1944-1945 2.35 4Mb Road 1947 opt '39-J&J 6 3.00 Davidson County— 4Hs Highway 1947—J&J 6 2.60 5% Co Memorial '39-'50J&J 60.50 Dyer Co ref 3 H-4 Mb 1965 77 % to 2.50 1.00 6 2.50 6 4.10 4Hs School 4$|s Memorial Aud '52M&N 6 4.10 5s Hospital 1954 4.20 M&S Cocke County— to 3.00 J&J 6100 $4 2.00 J&J 4$4s 1939-1940 4Hs Impt 1940-1945 York 4$4s 1939-1943 101 1.80 3% opt rev 1939-48--M&N Wllkes-Barre— 2.20 2.30 2.40 J&D 6 2.70 6 3.00 July 1 1943 6s April 15 1946-1947 Carter County— 5s funding Jan 1 1959.-J&J 5Hs road... Chattanooga— 102 100 2 $48 RHODE 2.30 % to 99 193gii58-F&A 4 $4% 1953 School District— Par Sept 1 1944 3$4s Sept 1 1945 J&J 4s 1939 3$Js 6 2.50 J&D 6 2.60 6 2.40 3 Mb 1948 % to 1.30 2 $4s July 1 1939-1956-J&J 2 $4s Feb 1 Public Works lP- 3s Sept 1 1940 2Mb 1947-1948 ? to 3.40 to 2.50 6 0.50 2$*s Sch Dlst 1939-62-A&O 4s June 1 2.75 to to 3.50 to 3.50 Galveston— 5s Grade Raising 1944.A&0 5s School 1939-1954—M&S 5s 1939-1956 A&O Grimes County— 5Hs Road 1939-54-A&0 10 Harris Co— 4Hs Apr 10 '39-'50_A&OlO 4 Mb Road Apr 10 *39-'60— Houston— 4Mb Sept 1939-1952-M&N 4Hs 1939-1957 J&J 4Hs Impt 1940-55(s-a) .J&J 4 $%8 1942-1947 2Hs and 3s 1941-1908-J&J Ind Sch D 3s '39-'66„F&A Houston S D 5s Feb 1952 4Hs 1938-1951 J&D TENNESSEE to 3.35 to 3.60 4Mb 1939-1964 4s Refunding 1941 J&J 6 1.50 D 4s '39-'64—F&A 6 0.75 ^ 6 2.25 to 3.75 J&D 6 0.75 F&A 6 0.75 F&A 6 1.00 Ind Sch H Philadelphia ' 4Hs 1939-1943 Ask A&O 6 3.60 4Hs 1939-1971 95 J&D 6 1.75 Bid Fort Worth— 5s 1951 5s 1939-1959 98 60 or „ Ask 106 101 Bid 112 J&J Bonds Corson Co 5s fd 1939-'47 M&N Jackson Co— Philadelphia (Concluded) Yield Basis To or Net Abilene 5s Feb 151959-1965— 93 Amarillo4Hs '39-'58-M&S 15 6 2.00 Austin— 5s 1939-1942 J&J 6 0.50 4$is 1939-1961 J&J 6 0.50 4Mb 1939-1953 J&J 6 0.50 4Mb 1954-1958 J&J 6 2.50 Beaumont— 5s Water Works 1954.M&S 5b 1939 A&O 5s 1940-1905 A&O 6 2.00 4 $<b 1939-1970 J&J 6 1.00 4s 1942 opt 1922 J&D 100 3 He 1939-1952 A&O 6 1.00 4s 1953-1977 A&O 6 3.40 Brazoria Co— 5Hs Impt Apr 10 1956-1965 6 3.25 Corpus Christi 5s fd '67-F&A 6s Water 1939-1959 F&A 100 Dallas— / 50 5s 1939-1960 M&N 4Ha 1939-1970 M&N 6 0.75 4M 1939-1945 M&N 6 0.75 4$i 1946-1965 M&N 6 0.40 4s School 1939-1951 J&J 6 1.80 2Hs 1939-1957 J&J 6 0.50 2Mb voted 1939-58 ..F&A 6 0.50 Dallas Co 4Hs Apr 10 1951.. 6 2.75 El Paso— 6s W W purch 1950—A&O 6 3.00 5s Impt Aug 1 1948—-F&A 4Mb 1939-1960 A&O 6 1.00 3b Jan 1 1939-1948 3s Jan 1 1949-1958 95 to 3.80 % to 0.75 to 3.00 to 2.50 € to 2.80 % 3.50 1.00 to 3.65 to 3.00 to 3~. 40 F&A 6 3.65 is Impt Oct 11942—A&O 6 2.00 is 1939-1954 J&J 6 1.00 1 I s 3.75 % is 101 55 1949. 1958 J&D 6 3.25 less 1 less 1 3.75 2.50 to 3.40 less 1 2.25 2.40 J&J s July 1 1941——J&J 1.25 _„s July 1 1905 J&J 2.50 4s 1939 to 1943 J&J 6 0.50 to 1.50 4s 1941J&J .50 4s Elec Light 1942 1.50 J&J 4s 1943 J&J 1.60 4HsJan 11960 6 2.25 less 1 2$|s 1939-1953 —J&J 6 0.50 to 2.00 % s to to 2.75 to 2.90 „ Portsmouth is 1951 1948 to 3.75 6 1.00 6 2.75 4H% April 1941-47 6 3.00 2.85 4Hs 1939-1972 6 1.00 to 3.75 5% Water May 1952 6 3.00 less 1 5% Port Terminal May '52. 6 2.90 less 1 5H% School Oct 1901 Petersburg 4Ha 1952—A&O 6 3.40 less 1 —J&J J&J 6 2.60 *60 July 1 1964 I to 2.75 toJ2.80 to 1.80 to *2.75 „ to 2.25 Roanoke— to 2.70 4HsiStreet Impt May 1940 a Pub Bldg 1941—M&N s Pub Bldg 1944—M&N Is April 1952 A&O s Water 1939-68 A&O _s Jan 1 1939-1958—J&J 4 Ha 1939-1956 Staunton 5a 1939-58——M&S Tazewell Co 5s 1939-40—J&J Washington County— 5s school 1939-49 J&J to 2.90 to 3.20 % 3.10 to 3". 25 % t Optional to Jan. 1 1938 at 105, 1943 at 104, 1948 at 103, 1953 at 102 and 1958 at 100. - 1.25 1.60 2.00 2.70 6 0.75 6 0.75 to 2.75 to 2.40 6 0.60 to 2.50 6 0.75 to 6 0.75 to 3.25 6 1.00 to 3.40 3.25 % Dec., 1938] Quotations for all securities are as near as 6s Gen Fund SP4^f'ark 48 A b 1.00 to 1.10 3 Mb 1939-1943JAJ b 1.00 to 1.75 b 2.30 to 2.60 b 2.30 to 2.60 4Mb 5*s 5s Imp—Mar 1 b 2.30 to 2.60 101 6 1.75 5s Water ref 1938-45 6 1.50 3*s Water ref—1938-39 b 1.50 2*s Water ref-—1940-42 6 2.00 King CJounty— 4Kb Bridge 1939-49-MAN 6 1.75 4MB 1939-1950 MAN 6 1.75 6 2.00 to 3.30 1.50 to 3.40 to 2.25 1.50 1939-1942-. _ 2.00 to Walla Walla— 4*srefwat to 2.40 2.25 WISCONSIN to 2.50 to 2.65 Green Bay— 6 1.25 1939-1954—JAJ Eau Claire to Madison— Yakima— 5 *s 3.35 to 4Mb 1938-1949 JAD Milwaukee—5s 1939-'40.-JAJ 2.00 1939-MAN GO sewer to3".I6 6 1.25 1939-1951—JAD 5s Wat rev to 3.35 % 6 1.00 to 2.90 Port of Seattle 5s 6 1.25 to 3.30 6 1.25 to 3.30 ^ 1^*39-1941 6 2.25 6 2.25 6 3.60 to 3.25 4Mb 1945-1954 JAJ 3.75 4Mb 1939-1943 JAJ - ,39-,55 MAS 4*s Jan 1939-1955 JAJ L A P-- AAO 5*s L A P 1939-1943-MAN 5s Light A Pow 1942-56AAO 4 * Lt A Pr 1939-'58 MAN 6 2.70 Gen oblig 4*s '39-*40-AAO 6 1.75 AAO 4Mb 1941-1955 4MB 1939-1957 WEST VIRGINIA 5s Highway AAO to 3Mb 1951 and 1952 JAJ 3*s 1943-1952 JAJ 3s Sept 1. 1939-1946—-MAS 2*8 Sept 1. 1946-1960—MAS 2*s Nov 11939-1962...MAN to 3.35 4*s 1949-1968 AAO 6 4.25 to 4.60 4s 1939-1953 MAN 6 2.25 to 4.40 35*s 1943-1953 AAO 6 3.00 to 4.15 3*s 1939-1954 AAO 6 2.70 to 4.15 Seattle School Dtet No 1—48 1946-1950?^-——MAN 6 2.70 to 3.20 2Mb May 1 1944-1962...-—2s JRoad 1939-1963 JAD 1Mb Road 1950-1951 JAD 1.40% July 1. 1939 JAJ Charleston 4 Mb '41 opt '27JAJ Charleston S to 2.25 to 2.00 to 2.30 6 1.10 to 6 0.25 to 2.10 1.00 to 1.00 1.25 1.00 1.00 to 2.75 to 1.80 Racine—1Mb 1939-'57—MAN 6s 1939-1941— FAA Racine Co 5s 1939-1940—JAJ 4Mb 1939-1950 Superior 4*s Sch 2.30 6 1.80 to JAJ *39-'44.JAJ 3.25 to 2.75 to 3.25 3.25 to 2.25 % to to 2.15 6'0.25 6 1.50 WYOMING 2.15 to 2.15 6 0.30 to 4s Road 1951 to 98 6 1.85 opt 1.00 % 6 1.25 1941—.AAO Natrona Co S D No 2— 1.95 5s JAJ 1939-1944 6 1.00 "160* D— 1939-1952—--——-JAJ Clarksburg 5sl939-1953_AAO 5s b Basis. to 1.80 0.50 4*scourth'se '38-49 JAD16 to 1.10 0.50 4Mb Sew Mar 12 1939-1945- to 2.40 6 2.10 4a July to 2.00 6 1.75 to 1.80 0.50 to 2.15 MAN 15 6 0.25 to 4.50 Munic Lt A Power Rev— to 1.80 0.50 JAJ 6 0.25 J&J JAJ 1948-1952- to 1.00 0.50 6 2.20 4a 1939-1950 to 3.30 to 2.00 0.50 b 0.50 1939-1946—JAJ to 4.50 6 2.50 0.50 JAJ 4Mb 1939-1945 4s 1939-1944 Milwaukee County— 4Mb Ct H'se *39-'50 Pierce County— 4*s 1938-1944. 0.50 to 2.10 1.00 to 3.50 4^8 1939-1947 AAO 6s W W 1939-1960—-MAN 3.10 to 2.00 6 0.50 4*s1939-1944-JAJ to 2.65 6 2.60 T „ 2.00 to 6 1.50 4*sEILAP'39-51(s-a AAO 4s Water 1944-1946...-JAJ to 2.75 to Net 2.10 Huntington 5s 1944—--—Oct 62.25 100* Mercer Co 5s '44 op '24 AA015 6 0.50 to 2.75 Morgan town 5s 1939-1948-JAJ Wheeling— to 2.60 5s Wat Wks 1939-1952-JAJ 6 0.25 to 3.00 1.50 Spokane Water Revenue—„ 4*s-4*s 1939-1941—AAO 6 1.25 3.60 Tacoma—Revenues— 6 1.50 4*s Water '39-*43 (s-a)JAJ 6 2.00 4*s EILAP ,42-'46(W)JAJ to 3.50 Bonds— % to 3.20 1.25 To Ask Clarksbg S D 5s '41 op '21MAS 61.60% Hancock County—os Grant 100 * Road Dist '46 opt '32.MAN 3.35 1962------JAJ 4Mb ref 1939-51.. JAJ Ref 1943-1954 —-JAJ 1939-1954 MAS 1939-1953 JAJ 1939-1940—JAJ 4% Gen oblig 1948-60 8n% Gen oblig 1950-51 8H% Gen oblig 1951-52 Clark Co 5*s p52 opt *33 A&O Refunding 6s 1953MAN Everett— 4*s Gen oblig wafc.1938-59 Revenue Bonds Bid Bonds Net Ask Bid or To or Net Ask WASHINGTON 4*% Gen oblig Yield Basis Yield Basis To or Bid month preceding the date of issue possible for the closing day of the Yield Basis Bond* 99 BONDS STATE AND MUNICIPAL . 6 0.50 to 2.75 6 0.50 to 2.80 / Flat price. Quotation* are as near as possible for the closing day of the month preceding the date of issue. i Surplus Dec. 31, Par 1937 Surplus Unearned Premium Reserve Capital Dec. Par Ask. Per Capital $ ' $ share 31. A Sur 3.000.000 14,075,487 10 (Hartford) (Hartf) — 10 7.500,000 15,600,498 Aetna Life (Hartford) 10 15,000,000 18,326,607 4,014.483 Agricultural (Watet'n) 25 3,000,000 Amer Alliance (NY). 10 3,000,000 3,103,032 Amer Equitable (N Y) 5 1,000,000 2,868,502 358.810 200,000 Amer Fire (Wash'ton) 100 1,000,000 1,064,482 Amer Home Fire(N Y) 40 Aetna Insur - Amer Insur (Newark) Amer Reinsur (N Y)_ Amor Reserve (N Y)_ 2* 3,343,740 10.042,548 10 1,000,000 3.028,762 10 1.000,000 1,289,054 301,393 300,000 10 25 7.500,000 4,072,585 5,000,000 7,185,126 10 1,500,000 1,426,661 Baltimore Amer (Bit) 2* Bankers A Shipp (NY) 25 1.000,000 1,582.925 Boston (Boston) 100 3,000,000 14,706,570 1,000,000 2,197,738 Buffalo Ins Co (Buff) 100 Camden Fire (Camden) 5 2,000,000 4,221.644 Carolina (Wilmington 745,006 500,000 N.O.) 10 Central States life (St 498,031 400,000 Louis) 5 A mar States (Ind'nap) Amer Surety (N Y)__ Automobile Ins ( Hartf) , - 10 1,500,000 889,159 100 2,000,000 3,000,000 1,000,000 2,808,328 City of NewYork(NY) Columbian Nat'l Life (Boston) Conn Gen Life (Hartf) Continental Assurance Continental Casualty 10 10 Continental Ina (N Y) Eagle Fire J Newark) _ Employers Re-ins (KC) Excess Ins (N Y) Federal Ins (Jer City) Fidelity A Dep (Bait) $ j Fidelity-Phenix (NY) Fidel A Guar (Bait)— Fire Assoc of Phila Fireman's (Wash'ton) Fire mans Fund (S F). Flremens Ins (Newark) Franklin Fire (Phila). General Reinsurance. Georgia Home Gibraltar Fire A Mar Glens Falls Insurance (Glens Falls, NY). Globe A Republic Globe A Rutgers Fire. 2d Gr Amer 20 10 20 25 5 5 5 10 10 5 5 15 15 preferred 445,769 2,500,000 605,381 755,095 4,000,000 10,519,950 2,400.000 5,515,051 3.750.000 40,351,755 1,000,000 1,558,499 2,000,000 9,422.201 334,421 300,000 7,500,000 13,142,938 9,376,690 7,232.618 3,000,000 6.880.363 1,000,000 5,285,913 684,304 500,000 905,995 1,000,000 815,000 10 2,500,000 6,591,820 1,000,000 1,345.528 1,200,000 16,584,985 t959,745 Halifax (Halifax, NS). (N Y)_ Hartford Fire (Hartf) Hartford Steam Boiler Hanover Fire (Hartford) • Ns par value, 123 8* 127* 11* 31* 10 3,000.000 8,430,465 1,000,000 2,064,269 2,000,000 12,030,562 1,000,000 4,581,784 4,414.095 2,198,357 5,811,786 4,746,269 44* 15* 23* 8* 10 10 5 (Providence)- Republic (Dallas) Revere (Paul) Fir Rhode Island (Pr Rochester American 917.667 575,705 2,000,000 5,240,607 1,000,000 2,250,533 1,000,000 1.106,461 1,000,000 2,335,991 942,240 1,000,000 405,645 400,000 220,322 700,000 1,000,000 2,054,726 6,000,000 38,182,317 5,317.985 1,000,000 12 M 27 * 69 14 30* 72 67 68 43* 29* 75M 78* Rossla Ins (Hartford) St Paul F AM (St P). Seaboard FAM (NY) Seaboard SuretyJNY) Security Ins (N Hav). Springfield Fire A Mai (Springfield, Mass; Stuyvesant Fire (N Y: Sun Life Ass'ncejOas] Travelers Fire 350 9* 2M (Hartf] tk U S Casualty conv pre- 30 3 18* anty (Baltimore) Fire (New York). U S U S Guarantee Co... Unlver Ins (Newark). Virginia FAM (Rich¬ mond)........ West Coast Life (S F] Westchester Fire (NY; 117,498 554,995 18* 35 7* 25* 25* iejf 946,721 2,349,153 1,384,273 1,525.045 2,986,748 921,333 712,088 10 1,000.000 1,683,639 923,767 1,500,000 4,000,000 23,309,581 651,498 1,000,000 1,000,000 1,000,000 1,000,000 3,244.267 836,660 3,084.449 9.303.853 25 5,000,000 12,485,056 12,004,391 741,327 6,861 500,000 658.242 740.619 4.203.693 100 2,000,000 18,118,207 58,851,773 100 20,000,000 28.057,816 784.893,059 2 1,000.000 1.721,455 2,395,134 2 2,000,000 6.005,215 2,000,000 16,277,857 2,000,000 4,253,298 400,000 1,007,164 14,377,490 9.773.756 2.817,550 4 10 8 aa 23 26* 24* 6 25 229 8* 265M 27 29 31 123$ 124* 4* 420 470 447 457 7* 17 8 17* 52* 36 38 & 33* 934,590 625,063 375.000 1.042,256 8,163,259 537,348 21,698,853 5.445.542 6,890,470 380 10* 2* preferred. $517,879 $5 2d 4* 50* 57* 13* 1,000,000 1,000.000 400,000 23 387.306 • 25 5 "83" 33 2.550",505 5 9* 2* 1,798.467 5,284,542 10 8* 14* 2.809,172 1,000,000 2,000,000 1,000,000 1,000,000 10 27* 11* 122 15 14* 118 17* 3,000,000 5 25* 10* 25 130 79 A 25 23* 125 8,255,808 10 10 10 5 97 11,958.021 10o U S Fidelity A Guar¬ 40 1,000,000 802,908 17,345,695 3,357,453 30,667.113 4.529,207 10 46 44 40 t Consists of $366,870 $4 cum. 1st 64 il* 10* ton 10 12,000,000 54.240.005 94,734.162 1,939,435 166,918 62 29* ReinsuranceOorp(NY) Reliance Ins (Phila).. 11* 6,162.223 2,051,004 161,527 26 ' 1,707,901 5 10.* 1.000.000 1,000,000 210,000 9* J* 28 5,902,149 Preferred 81.084 100 ■a* City. Me) 5 Knickerbocker (N Y) 5 Lincoln Fire (NY)— 4 1,403.713 10 10 10 395,019 21,114,464 1,901,658 8* 1,519,452 1,104,343 863.183 15,336,951 6.687,915 99,794 7,211,703 "30"" 4,000,000 Peerless !!* if 916.498 640,670 733,549 1,000,000 750,000 750,000 5,000,000 20,031,369 4,000,000 7.061.655 100,000 ^325,721 1,100,000 5,071,361 25 1,000,000 10 25 1,222,065 1,000,000 1,000,000 50 46 115 1,000,000 10 52 20 1,137,150 2 25 8,418.754 20,522,705 1,097,509 3.851,702 441,123 2,724,679 6,364,068 15,367.997 3,402,136 9,317,827 254,220 12,954,358 12,995,622 7,676,380 2.363,558 1,126,382 1,445.326 8,719,926 51.585.447 2,205,218 200,000 718,360 4 53* 10 (Minneapolis) 3,000,000 6,429,741 15,000,000 38,657,540 1,000,000 2,736,467 200,088 4,932,000 402.971 1,000,000 10 10 400,000 "orthwest Fire A Mar 24* 30* 10 20 5 New York Fire North River Ins (N Y) 2* Northern Ins Co(NY) 12 9* 25* HomeFAM (S F)— Home Fire Security.. Homestead Fire (Bait) Importers A Exporters (New York) Insur Co of Nor Amer (Philadelphia) Jersey Ins Co of N Y_ Kansas City Life (Kan 23 M 23 5 50* [2,500,000 10 2 5 - SM 23 M York) — Home (New 4.897,527 4,059,443 (New Brans. N J)— New Hampshire Fire (Manchester, N H) 3,994.343 13.502,357 1,059,053 4,805,714 38,201,787 10 2,512,137 7,406,132 (Baltimore)... Brunswick Fire 1.000,000 2,802,013 8,150,000 22,399,846 10 2,000,000 1,702,507 10 4,000,000 5,213.048 10 12,000,000 47,714,286 1 5 1,444,670 11,531,659 New 38,822,179 6.561,640 2.553,973 1,442,339 1,967,908 4,773,543 34* 3* 2,000,000 10 Nat'l Union (Wash)-Nat Union Fire (Pitts) New Amsterdam Cas 2,526,605 Indemnity (New York) Great Amer Ins (N Y) (Detroit) National Fire (Hartf). Nat'l Liberty (N Y)__ National Cas share Per 1,000,000 2,544,798 5 Ask. Bid. Reserve $ Insurance (Providence). 6,210,523 188,156,229 22,263,915 1,500,000 5 784.722 Merchants 3.695,297 1,750,000 5,013,966 5.000,000 51,759,596 (Hammond, Ind) — 10 (Phila) 1 Maryland CasualtyMass Bonding A Ins 12* (Boston) 5 Merch Fire Assur (com (New York) \pref 100 10 Merch Fire (Denver). Merchants A Mfrs Fire 5 (Newark, N J) 15,222,624 20,016,996 6,655,795 5,356,163 1,945,247 4.430,055 77.748 841,394 11,982,022 1,185,624 2,188,793 934,306 5,941,659 9,028,811 2,484,927 3,303,633 4,694,847 2,276,425 5.235,713 Premium 1937 Manufacturers Cas'ty Aetna Casualty Unearni d preferred, and $75,000 $5 junior preferred stock. 60 15* 9 , 17 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 are from the Comptroller's last call; for all other insti¬ tutions they are the latest obtainable, direct returns being procured by us where no periodic statements are required. For the Clearing House banks of New York, deposits are taken from the latest weekly statement. < National Banks Sept. 28 ALABAMA Surplus & Profits Capital State Institutions National Banks Sept. 28 Sept. 28 Bank for Savs. & Trts. d Birm'ham Tr & Sav Par Preferred 125,000 i 105,000 1,050,000 Ask 50 25,722,067 100 I 20 100 ol,767,600 Bank. d 125,000 Industrial Sav First National Bk— Common........ Preferred Bid 3,000,000 6,550,000 81,700 1,194,217 Jl,437,647 54,494,902 e 125 Long Beach— 31 34 125 Los First Nat Bank.. Merchants Nat Bk.. 375,000 1,000,000 1,000,000 Alabama Nat Bank. First Nat Bank Union Bk & Tr Co— 300,000 1,000,000 Common........ Preferred........ 100,000 50,000 161,960 1,395,176 1,568,997 2,411,098 22,857,679 19,012,662 253,260 809,930 3,905,126 16,669,988 93,464 20 10 10 58 12 12* 12K 13 400,000 120,000 200,000 350,000 Selma National Bank Selma Tr & Sav Bank 233,070 2,500,405 1,518,887 1,481,682 1,467,052 94,838 210,042 132,850 4,305,000 114,349,266 5,479,949 120,093,204 ADT7ftNA 564,308^698 (25 37,956,485 50 2,066,107 48,002,761 10,816,869 100 100 24,000,000 130362694 9,000,000 2,500,000 2,867,919 OaklandBank of Commerce.. Central Bkof Oakland Farmers & Mer Sav. 328,850 2,000,000 300,000 60,149 2,361,451 287,247 300,000 511,361 5,754,225 400,000 600,000 150,000 300,000 812,846 13,931,799 100 25 100 100 52,490 260,160 2,013,272 3,587,760 20 100 29,602,124 1,847,389 5,576,878 1,324,208 100 100 re cent 145,000 1,686,550 177,858 153,788 81,580 100 sa 175,000 115,394 3,707,469 100 - Pasadena-First N Bk I Security Nat Bank.. Sacramento— Capital Nat Bank,— Citizens Bk of Sacra- . San Diego— First Nat T & S Bk__ dl .500,000 San Diego Tr & S B Common........ PhoenixFirst Nat Bk of. . Nomi nal. Per share 250,000 217,452 Valley Nat Bank— Common....... Preferred. .a .— 100 550,000 896,093 247.500 164,668 4,224,165 t 25 Bank of Canton Bank of Montreal— N o re . . 600,000 11,339,004 1,215,200 33,752,634 sa {Ih cent les 250,000 463,205 8,386,825 100 9,000,000 1,000,000 Sept. 28 ARKANSAS Sept. 28 Nominal. Fort Smith- Per City National Bank. 299,000 First National Bank. Merchants Nat Bank 500,000 500,000 tittle RockCommercial Nat'l Bk Peoples Nat'l Bank.. Twin City Bank.... Union Nat Bank— Common........ Preferred W B Worthen Co— d ....... . 86,990 517,567 588,795 300,000 200,000 100,000 490,056 114,822 41,418 300,000 185,500 669,000 2,843,732 6,854,128 8,900,524 9.313.454 100 \share. No 100 25 re sa cent les 20 25 25 49 32 J 455,664 9,901,334 120 35 38 340,401 16,571,687 120 100 12,858,829 214,940 46,557 8,597,106 3,182,752 100 "95" 100 100 135*" 5,626,324 204,226,417 8,264,794 112,026,517 80 12 190 i95~~ 10 0 J 25 2 95 ]25 2H 105 mm—mm « 8,636,337 235,936,001 333,254 3,630,310 275 100 288 p 33 49 |20 907,175 dl45,000 132,464 1,601,431 12X J 152,434 10,581,995 J100 564,700 435,300 First National Bank. Stockton S & L Bank Union Safe Dep Bk_. 200,000 1,000,000 375.000 10,507,732 100 260 275 125 m mm mm mm 538,490 1,004,802 134,711 4,465,572 9,655,886 2,367,516 J. ... N O re cent sa les Sale price. t Controlled by the Transamerica Corp. of San Francisco, Calif. a Outstanding preferred stock consists of $1,067,600 1st pref. of $20 par value and retirable at $50 a share, and $700,000 of 2nd prer. stock. 6 June 30, 1938. 50 o les Stockton— 52 28 N 25,451,312 600,000 Santa Ana— Commercial Nat Bk. First National Bk Common....... Preferred * 3,582,725 1,306,541 100 611,901 7,500,000 16,908,072 268,775,426 7,500,000 .... ... State Institutions 130 '1330290618 San Jose— First National Bank. National Banks 25 50,000,000 61,654,434 12 46 48* 1,500,000 /2,217,422 18,854,965 500,000 104,389 2,715,554 100 1,000,000 257,438 4,588,721 100 "212" 216"" 1,300,000 570,739 20,961,385 100 171 174 6,000,000 8,111,441 132,lt7,936 100 290 325 6,000,000 68,772,713 158,165,238 1000 11,500 1,000,000 367,003 7,843,614 100 105 Union Trust Co— Yokohama Specie Bk American Tr Co— Common........ Preferred. Tucson?— r Canadian Bk of Com Crocker First Nat Bk The San Fran Bank. Pacific Nat Bank Wells Fanjo Bank & j 942,414 250,000 490,000 600,000 200,000 b San Francisco— Anglo California National Bank... 15,400,000 Bank of Calif, N A._ C800.000 Bank of Amer Nat Tr & Savs Assoc Bank of America 14,821,333 t 20 I Phoenix Sav Bk & Tr r 3,992,154 50 25 125 961.250 50,000 246,000 Preferred Security Tr & Sav Bk United States Nat Bk Bisbee— Miners & Merch Bk. 125 Pasadena- State Institutions Sept. 28 ARltUilA N re 20 100 San Bernardino— American Nat Bank. Sept. 28 100 50 140 Merchants Nat Bank Sumitomo Bk of Gal- National Banks 16,323,560 3,039,295 5,000,000 3,000.000 Citizens Coml Tr & S First Tr & Sav Bk— Common Preferred Selma— City National Bank People's Bk & Tr Co Per 762,466 218,564 5,000,000 13,327,376 103,960,310 900,000 Preferred Union Bank & Trust. 2,025,237 f7H Ask Angeles— California Bank— Common Preferred Citizens Nat Trust & Common.... 56 Bid sa Farmers & Mer Nat Secur-First Nat Bk— 25 25 Par S Farm & Merch Bank 1,000,000 Western Tr & Sav Bk d 225.000 a 50 Cross Deposits Nomi Savings Bank Mobile— Amor Nat Bk & Tr Co Surplus & Profits Capital Nomi nal. Per share. 500,000 11,240,575 Oommon.i State Institutions Sept. 28 Cross Deposits Birmingham— * CALIFORNIA c Savings deposits, d Common and preferred stock outstanding. e Pine BluffNat B of Commerce Common..... Preferred... Simmons Nat Bank. 50,000 I 50.000 400,000 94,636 945,869 2,113,106 J100 1100 10,688,187 100 May 19, 1938. / June 30, 1937. g Quotations for the San Diego First National Co., which controls 97% of the stock of the First National Trust & Savings Bank of San Diego, Calif. 335 i Dec. 31, 1937, k Sept. 30, 1938. I Last sale price. pJPar;value 100 yen. n New stock. TRUST AND BANKS Dec., 1938] National Banks CANADA COLORADO Nomi nal. $ $ 305,647 210,000 500,000 3,821,836 625,000 1,329,645 665,088 203,175 798,639 1,000,000 1.500.000 2,958,392 980,302 672,600 4.000.000 11.972,555 Wilmington— Capital Gross Par Deposits Ask Bid Nomi nal. Per share. Industrial Trust Co. Union Nat Bank $ 50?000 Preferred class A.. Exchange Nat Bank. First National Bank. 1,852,555 101.781 60 130 50 212 145 220 6,911,506 10,583,451 1,877,714 8,731,193 4,622,654 3,533,697 24,533,202 6,922,924 10,467,094 5,379,979 9,817,731 2,344,896 26,675,790 100 150 100 128 100 225 3,000,000 14,876,933 100.933,919 1.217.500 8,222,335 408,679 565,000 7,941,355 318,913 a 588,000 3,400,000 5,046,898 49,824,185 (100 268 100 101 60 50 16,696,201 (100 5.651.057 10,184,466 22,441,474 100 National Banks 100 Nomi nal. Per share. Washington— Central Sav Bk & Tr Colorado Nat Bank a 569,746 129,044 1,000,000 1.658.706 Common Preferred 600.000 60.000 Colorado State Bank Denver Nat Bank... First National Bank. National City BankUnion National Bk U 8 National Bank . 100,000 100,000 650,000 600.000 a International Tr Co. 125,425 1,747,320 3,568,256 37,949 23,395 2,298,048 2,208,610 n 1.260,000 1,600.000 a 37,979,249 J100 1100 1,653,822 100 50 32,234,459 53,602,651 100 1,172,935 822,788 "io5 27,228,814 100 15,517,982 100 500.000 30,000 First National Bank a Lincoln Nat Bank McLachlen BkgCorp o re cent sa les 1,449,474 134,851 400.000 345,000 Nat Bank of Wash- cl .000.000 Nat Capital Bank— 200,000 Nat Metropol Bank. 800.000 Riggs National Bank Common... Preferred Second Nat Bank— Secur Sav A Com Bk Amer Secur A Tr Co. n 250.000 100,000 1,000,000 500,000 Liberty Nat Bank N a 63,100 100,000 200,000 Preferred 4,750,000 1.000.000 12,090,430 500,000 1.231,150 2.000,000 Munsey Trust Co Union Trust Co cl .000,000 »1,754,055 Wash Loan A Tr Co. 1,000.000 2,450,529 Common (100 lioo FLORIDA Sept. 28 NaZta,2snk[ CONNECTICUT Per 500,000 I 1,470,000 Preferred Black Bock Bk & Tr. Brldgep't City Tr Co 257,484 105,000 a 114,000 1,395,674 2,200,000 preferred ..... 2nd preferred. ... . West Side Bank— 113,182 232,296 165,000 .99.500 Common — 32 75 125 100 25 Conn River Bkg Co. First National Bank Glastonbury Bk & Tr Hartford Nat Bk & T 1.160,000 100,000 4.000,000 100,000 Industrial Bank Phoenix St Bk A Tr. East Hartford Tr Co Hartford-Conn Tr Co Park Street Tr Co Riverside Trust Co . Sims bury _ Bk A Tr Co 1,600,000 100,000 4,000,000 100,000 250.000 125,000 So End Bk A Tr CoCommon........ 50,000 I 50,000 500.000 200,000 /100.000 Preferred Travelers Bk A Tr Co West Hartford Tr Co Windsor Trust Co.. 25 Miami 30 125 100 24^ 265 203 215 40 80 100 225 100 275 25 30 25 61 25 60 25 11 25 Beach 61,811 855,726 ( 25 20 798,579 282,392 129,921 10,593,422 3,240,524 1,475,151 10 25 25 60 Sept. 28 176,943 1,336,199 25 2,113,927 27,797,588 16,024 100 100 100 400.000 100,000 83,760 660,715 77,801 308,146 103,815 7,811,743 1,815,269 100 300,000 615,082 10,831.537 100 National Bank Common........ Prior preferred... Conv preferred New Haven Bk NBA Second Nat Bank... Trademen's Nat Bk a 305" . 172,106 756,000 441,000 920,000 800,000 750.000 2,601,828 "14" o 25 mrnrnmm mrnrnmm ...... 6105' 170 mmmm - 25 150 21 90 125" 8,353,885 13,939,375 50 52 56 50 70 75 72,761 2,982,483 (100 1,230,298 14,996,207 300,000 490,557 4,816,163 100 Fidelity TitleATr Co Stamford Trust Co.. Waterbury— Nat Bk Waterbury Nat Bk— Citls A Mfirs Common Preferred Colonial Trust Co— Waterbury Trust Co 100 185 200 100 110 125 31.565 45,963 1,070,033 1,793,737 100 U00 96 101 N 200,000 279,916 5,931,937 25 100,000 1,250.000 37,178 522,256 925,363 150,669 828,109 13,196,940 14,668,550 1,579,342 100 100 70 100 110 100 115 120 100 50 60 n re 59,210 200,000 sa les 100 Sept. 28 100 5,081,909 100 2,741,077 1,759,146 25 19 100 110 120 1,000.000 200.000 700.000 1,313,300 686,291 1,190,288 11,954,076 5,713,109 9,051,714 145 155 100 600,000 729,213 12.867,064 100 120 4,779,814 ( 25 22 100 ..... Sep'. 28 Nomi nal. Per Atlanta— 200.000 n 105,942 3,212,466 Cltis A So Nat Bank. r5,000,000 First Nat Bank...— 5.400,000 4,783,327 Fulton Nat Bank— Common 1,000,000 11,169,613 475,000 Preferred 990,000 n 664,506 Ga Sav Bk A Tr Co- a 2,807,856 Trust Co of Georgia. *2,000,000 American Sav Bank. share 609,269 83,968,611 100 mmmmmm tio UK 99,831,443 10 30 31 29,430,389 100 240 250 3,384,367 27,948,681 100 100 100 "15 X mmmmmm mmmm mm 695 710 • Sale price, t Branch of!Savannah. Includes preferred stock or debentures outstanding. "145"' 155" Stockholders of Jfc New stock. 100 60 Due to banks, Combined statement. r 70 * June 30, 1938. o 32 100 n 240 _. the I Last sale. 32 „ „ .. _ . _ Union Trust Co. of Washington, D. C., voted Oct. 27, 1938, on a plan to reduce the bank's common capital from $2,000,000 to $1,000,000 by a reduction in the par value of the shares from $100 to $50 a share. Of capital released, $500,000 was added to surplus, $250,000 to reserves for contingencies, and $250,000 for wilting down assets. d Member of the Atlantic Group In Florida. e Affiliate of the First National Bank of Atlanta, Ga. a Member of the Florida National Group. h Affiliated with the Barnett National Bank of Jacksonville, Fla. i March 7, 1938. c 100 [ ...... Institutions State GEORGIA b Retirement price. 430,723 162,899 8,236,616 3,111,559 1,041,123 272,873 100,000 d cent 100 550,000 200.000 250,000 L 230,718 264,000 1.000.000 2,778,829 300.000 181,392 105'" 100 o 50 2,412,552 1,738,288 873,073 —— 50.000 200,000 First National Bank. al,300,000 First Sav A Tr Co... 500,000 a Stamford— First-Stamford Nat'l Bank A Trust Co. 5,324,113 3,286.807 125 28,672,558 New LondonNat Bk of Commerce Norwich— Thames Bk A Tr Uncas-Merch Nat Bk 473,689 158,583 National Banks 928,839 993,435 106,626 208,962 53,039 100 g St. Petersburg— Florida Nat Bank 34 645 45 100 345,904 300,000 270,000 6.546,233 100 31 180,000 L.458.700 Union Bk A Tr Co.. Win thro p Trust Co.. 874,487 I St. Augustine— 10 100 170,000 New London City National Bank— 20 100 400.000 200,000 American Nat Bank. 175" 1,038,717 1 4,703.440 ~~ 25 ........ Common 4,335,378 ( 20 230,258 Pensacola— 15 100 35 32 213,680 200,000 First National Bank. «Tampa— Broadway Nat Bank 35 20 Preferred Un A N Haven Tr Co mrnrnmm h i/ioo" 25 100 I 132,000 1 68.000 "65"" 50 235,000 "SI"" 100,000 g lantic Nat Bank... New Haven— Amer Bank A Tr Co. First Nat Bk A Tr Co 10 9 Palm Beach 27 1100 5,927,907 1,481,898 5,798 1,304,301 ■ First 43 386,495 65,037 108,283 52,681 500,000 150.000 100,000 150.000 - 240 100,000 Exchange Nat Bank. Merlden— Home National Bank Merlden Nat Bank.. Merlden Tr A S D Co Puritan Bk A Tr Co. - mrnrnmm 18 ........ 450 110 55 100 100 25 -» 90 100 185 100,000 Common...... Preferred Florida Bank 24 50 30 ... Orlando- 3,072,235 7,800,775 13,777,928 1,636,783 65,920,983 304,726 35,520,943 1,815,229 42,554,546 3,127,788 3.100,207 1,940.979 100 280 25 g 209,540 1,313,900 957,060 141,593 4,603,580 201.999 1,992,766 139,386 4,321,106 201,811 174,397 138,294 300,000 150.000 mm m mrnrnmm 10 100 First Trust Co 80 [100 Hartford- mmm •. mm mm 100 First Nat Bank— Capitol Nat Bk A Tr •» 200,000 i 1,200,000 First National Bank lioo f 200 Nomi nal Per share Amer Bk A Tr Co— 1,479.846 hoo 1,606,065 200 50 Miami— 40 25 f 25,000 125,000 25,000 ..... 4 25 1,500,000 26,851.467 North End Bk & Tr Preferred 100 40,536,806 22,562,599 25,700,522 Lakeland— Florida Nat Bank- g 21,270,214 mrnrnmm mmmrnrn 167 1,122,518 1,335,020 1,192,337 Atlantic Nat Bank— d3,000,000 1.500.000 Barnett N B of Jack. Florida Nat Bank— 01,500,000 Nomi Bridgeport- 1st 100 Jacksonville— First Nat Bk & Tr Co mrnrnmm 272* Institutions State National Banks Common........ 230 20 Income debentures Common 218 100 Nat Sav A Tr Co— 100 18,251,155 2,005,260 18 10 100 a 100 Pueblo Sav & Tr Co Common 83,913 363,186 539,479 283,807 908,744 373,505 803,139 186,036 708,778 192,768 1,816,973 145,000 475,000 a City bank Columbia Nat Bank. Bank of Co mm A Sav Hamilton Nat Bank. 8,345,304 ( 50 \ 50 5,340,574 100 Pueblo— Mlnnequa Bank 25 100 25 DIST.0F COLUMBIA Sept. 28 100 Anacostia Bank l 25 75 Equitable Trust Co. Security Trust Co— Wilmington ■'"Oo \100 340,100 430,777 300.000 160,000 360.000 300 40 2,524,181 (100 Denver— American Nat Bk— Common... Preferred.. share• 110 50 20 147,546 100,000 79,000 300.000 300.000 Common Per 100 2,008,620 18,413,708 2,555,349 3,138,018 10,697,260 17,077,635 8,719,770 65,117,894 70 165 61 Delaware Trust Oo__ . Colorado Spga.— Colorado SaV Bank.. Colorado Spgs Nat B Ask Bid Par Deposits 1 Institutions Sept. 28 Central Nat Bank— Farmers' Bank Surplus & Profits Institutions Sept. 28 Gross Surplus & Profits Capital mTn. IT* State DELAWARE Sept. 28 State 101 COMPANIES t Trust funds. v Oct. 31, 1938. x Ex-dividend. t y Stock all owned by Travelers Insurance Co. ^ 102 BANKS National Banks GEORGIA Sept. 28 Surplus & Profits Capital AND TBUST COMPANIES State Institutions National Banks Sept. 28 Sept. 28 Gross Deposits Par Bid Ask State ILLINOIS Surplus & Profits Capital Institutions Sept. 28 Cross Par Deposits Bid Nomi nal Augusta— $ Georgia BR Bk A Tr 750,000 Oltlz A So Nat Bank. f5.000.000 Nat Exchange Bank. s 400,000 $ 548,073 3,212,466 151,844 $ 8,796,220 83,968,611 2,892.667 814,011 116,135 147,985 45,778 341,960 5,792,691 1,486,213 1,919,462 1,217,774 2,825,284 Per 100 share 152 156 tio 15X 100 89 100 100 72 120 30 200 Elgin- $ 86,638 $ Elgin Nat'l Bank... First Nat'l Bank Union Nat'l Bank... 100,000 300,000 100.000 712,639 140,911 1,481,591 7,335,466 2,022,191 Ask Nomi nal. Per share. N o 100 100 rec ent 100 les sa Columbus— Columbus Bk A Tr__ First Nat Bk of Col- 9 Fourth Nat Bank. dome Savings Bank. Merch A Mech Bank .. 850.000 200,000 300.000 75,000 200,000 100 100 100 100 110 80 125 35 220 Peoria— Cent Nat Bk A Tr Co Com Mer Nat BkATr First National Bank. Jefferson Tr ASav Bk 3,212,466 93,500 236,097 83,968,611 1.267,000 6,858,423 tio 100 14^ Common Quincy— B'dway Bk of Quincy 111 State Bk of Quincy 3,212,466 173,519 254,002 83,968,611 4,309,140 3,997,348 100 80 85* 100 50 60 J 100.007 200,000 134,000 Debentures 141,724 2,402,491 50 50 55 115,255 1,459.513 100 64 65 673,272 100 40 50 3.680,944 / 66*i 40 50 9,890,382 ( 70 75 17 47 49 20 K 10 Savannah— Oltlz A So Nat Bank. r5.000,000 Liberty Nat Bk A Tr 600,000 Savannah Bk A Tr.. < 665,000 Citizens Bk A Tr Co 20 200.000 90,000 150,000 Common Oltlz A So Nat Bank. f5.000,000 City Bank A Tr Co.. 110.000 First Nat Bk A Tr Co 9 500.000 50 20 14,295(918 600.000 Capital notes..... South Side Tr A SavB Macon— 789,994 1,065,334 1,427,901 23,964^150 660,000 2.000,000 1,516,490 100 10 ux 100,000 179.607 48,000 41,349 103,329 5,471,456 100 120" 130~ 834,000 624,059 1,405,992 100 40 50 100 40 411,011 217,319 293,897 9,143,191 4,678,552 8,302,632 500.000 State St Bk A Tr Co. 81,364 200,000 246,000 500,000 Debentures Mercantile Tr A 8 Bk Peoples Bk of Quincy S'thSideBk of Quincy 18,360 200,000 196,000 200,000 100,000 50,000 296,000 Common 606,852 284,730 393,599 9,973,709 4,934,045 11,401,920 100 Rockford— Illinois Natl Bk A Tr Co Swedish-Am Nat Bk Third Nat'l Bank.. National Banks union Nomi nal. Per 600,000 L 783,166 • 'referred-. 588,000 irst Security Bank. <1,035,000 1,821,885 Boise Trust Co 125,000 43,250 22,029,091 100 share. N 25,038,593 76,750 100 Springfield— First National Bank. Illinois Nat Bank 300.000 500.000 Springfield MarineBk 165 100 110 120 175 125 100 National Banks State INDIANA Sept. 28 ILLINOIS 100 50 100 les <■ Sept. 28 40 cent sa .... 0 re ——— National Banks 40 Sept. 28 Boise City— Idalst NatBkofBoIse t 100 State Institutions IDAHO Sept. 28 < Institutions Sept. 28 State Institutions Sept. 28 Nomi nal. Nomi nal. Per share. AuroraAurora Nat Bank—- tlerchants Nat Bank Old Second Nat Bank < 160.000 300.000 384,200 178,379 217,874 79,535 3,223,985 4,612,612 3,033,786 100 100 100 35,168 252,727 274.031 172,179 1,521,247 3,297,831 6,453,954 100 100 100 100 30 2,416.546 100 N re sa o cent les Belleville— Belleville Nat Bank. i Belleville Save Bank. First National Bank. It. Clair Nat Bank— 100,000 300,000 350,000 150,000 250 125 Evansville— Per Citizens' Nat Bank Citizens Tr A Sav Bk Franklin Bk A Tr Co Indiana Tr & Sav Bk. Lamasco Bank National City Bank. North Side Bank 275 150 Old National Bank— Common.. 500,000 ... Preferred Peoples Savings Bk. 817,635 100 1,198,195 1,377,684 1,252,881 889,784 11,916,410 1,703,688 32,484 19,881 62,692 675,291 28,431 | 353,916 500.000 Mutual . 14,407,577 186,534 500,000 7 100.000 7 145.700 f 147,000 7 100,000 500.000 199,000 7 1,684,000 shar 225 100 200 160 100 100 100 100 110 110 100 100 100 150 100 110 125 150 100 101 100 13,510,759 (100 1100 7,988,000 175 160 110 Chicago— Aetna State Bank.. < 400.000 <1,600.000 Am Nat Bk A Tr Co. Austin State Bank. 105,216 1,117,154 187,799 200.000 100,000 300.000 . Beverly State 8av Bk Central Nat Bank City Nat Bk & Tr Co 89,975 3,210,456 52,038,489 4.516,268 2,131,822 6,617,422 173,902 2,831,743 122,425,420 4.000,000 Cont 111 N B A Tr Co Common 50,000,000 129073334 1139197,294 Preferred 25,000,000 ... Cont Nat Bk & T Co Oosmopolit'n Nat Bk < 1,600,000 250,000 471,077 58,378 District Nat BankCommon 102,000 1 ........ Preferred DrexeJ State Bank.. Drovers Nat Bank. 98,000 < 445,000 1.000,000 _ First National Bank 30.000,000 First Nat Englewood 200.00U H alsted ExchNat Bk 200,000 Hamilton State Bk.. I-O National Bank.. 200.000 200,000 250,000 Kaspar Am State Bk Lawndale Nat Bank Common. Preferred Liber y 275.000 325.000 300.000 1.000,000 ........ Nat'l Bank . Lire Stock Nat Bank Madison-Crawford Natl Bank Main State Bank— MerchandlseNat'lBk Merchants Nat Bk.. Metrop State Bank.. Mid-City Nat Bank . N't Bk I Mutual Nat Bk of Oh Nat'l Builders Bank. Nat'l Boulevard Bk. Milwaukee A I v 200,000 200,000 600.000 200,000 200,000 400,000 200.000 400.000 500,000 500,000 National Security Bk 200.000 200,000 Oak Park Tr&Sav Bk 600.000 Personal Ln A Sav Bk 2,000.000 Pioneer Tr Ac Sav Bk < 750.000 I North Shore Nat Bk. Sears-Com State Bk. 200.000 Security Bk of Ohio. 700.000 Bkala Nat'l Bank.. 200.000 200.000 South East Nat Bank South Shore Nat Bk- C200.000 Btate Bk of Clearing. Terminal Nat Bank 120,000 200,000 Univ St Bk of Ohlc_. 4 Upper Ave Nat'l Bk. Uptown State Bank. West 31st S*ate Bk.. 100.000 Western Sfc.te Bank. Amalg Tr J; Sav Bk. Banco di Napoli Tr. Chic 200.000 i City Bk A Tr. Drovers Tr A Sav Bk < Bast Side Tr ASav Bk Lakeview Tr A S Bk. Mercantile Tr A Sav. Northern Trust Co.. Pullman Tr A Sav Bk 400,000 300,000 800.000 547,000 200.000 Harris Tr A Sav Bk. Lake snore Tr A S Bk 298,000 300,000 300.000 < 6,000.000 790,000 600.000 968,992 2,524,336 210 100 80 10 11 100 105 14 110 (33i, 73 75 25 220 32 90 a33', 100 100 2,698,343 I 20 1 30 189,531 967,623 40 6,920,664 26.014,727 35,420,888 926,660,506 770,474 214,728 45,293 76,304 207,346 5,321,193 5,747,364 2,086,042 2,622,135 2,511,507 29 100 100 100 100 100 11 33 140 150 230 180 225 170 125 25 11 135 35 13 j 347,177 11,900,952 (10 378,382 1,510,591 11,420,085 24,095,050 100 20 60 65 4,359,910 5,855,942 18,861,714 5,421,732 3,090,518 9,876,397 5,432,447 9,671,937 5,707,579 16,040,611 7,342,347 3,952,788 100 100 100 147 152 135 185 100 85 100 100 20 100 50 100 100 95 80 20 120 138,756 256.747 1,071,754 180,301 72,397 97,595 117,763 329,472 302,308 682,134 281,042 78,549 367,763 2,178,033 830,175 264,797 1,001,654 89,548 149,616 100,000 85,220 279,506 318,381 315,817 331.748 31,192 158,348 346,438 I10 8,165,421 50 100 100 25 100 6,696,666 100 2,535,756 5,680,407 5,973,010 5,973,453 7,724,013 706,684 3,125.362 7,335,290 4,701,849 22,434,977 10,935,363 486,710 1,032,373 456,470 78,979 818,312 10,641,240 223.736,702 338,819 10,940,613 1,446,567 26.458,001 477,474 16,379,700 14 18 190 110 195 90 105 90 25 130 45 55 175 185 1.200,000 Ft Wayne Nat Bank Common 583,189 19,531,618 489,336 15,396.831 20 N 400,000 400,000 Preferred "73" "78" 135 170 26 145 180 31 re cent sa les Dime Trust A Sav Bk Common People's Tr A Sav Co 200,000 50,000 300.000 Debentures 13,467 1,121.656 20 1,228,625 12,014,908 20 400.000 375,000 891,387 39,956 11,782,429 1,924,571 100 75 100 100 100 125 1.000,000 ,1,552,835 10 14 ... ..... [ Indianapolis— American Nat Bank Common Class A preferred. 31,954,215 ( 775,000 I Fountain Sq State Bk 100,000 Indiana Nat Bank.. 4.000.000 Live Stock Exch Bk < 200.000 Madison Ave St Bk 50,000 Marion Co State Bk Merchants' Nat Bk. < < 1.250,000 300.000 500,000 Fidelity Trust Co < 7,865,846 202,743 22,843 3.74G 2,264,926 65.000 People's State Bank. Bankers Trust Co 108,000 283,000 44,860 415,774 187,061 t Fletcher Trust CoCommon 1,500,000 1,206,622 Debentures 830,000 Indiana Trust Co... 1,000,000 £71,110,914 < Security Trust Co 399,200 212,692 Union Trust Co 1,000,000 £72,359,802 ..... South Bend— City Nat Bk & Tr Co First Bank & Tr Co. Merchants Nat Bank 500.000 796,000 250,000 900.000 St Joseph L A Tr Go 142,511 270,525 159,645 17,944 2,095,000 108,016,941 1,029,374 812,425 517,096 29,751,523 2,149,710 3,184,152 4,189,203 15 alO io 100 100 100 300 340 135 155 219 235 100 100 100 100 100 "55" 100 100 36,415,210 (100 145 15,717,806 3,653,845 21,964,935 i75 4,104,649 9,116,345 4,057,812 3,289,886 100 157 193" 100 60 73 100 300 325 10 100 100 100 Terre Haute— Merchants Nat Bk.. Common Preferred Torre Haute First "l25"" 135"" Common........ Preferred 250,000 250.000 116,528 5,087,382 :ei les 100 100 500,000 U. 009.513 300,000 16,704.492 20 10 io5 20 100 100 "*19"" "24"" 60 65 190 200 100 * 100 ldw 100 50 100 a "85" "95" 140 150 loo '320"" 330"" 50 100 100 100 100 Sale price, t Branch of Savannah, 100 52 58 235 125 245 Preferred stock retirement price. c In process of organization. d New stock. e Affiliate of the First National Bank of Atlanta f March 135 535 g 160 175 < Common and preferred stock r X Ga. 7,1938. 525 n June 30,1938, or capital debentures outstanding, Reserves. Combined statement. Ex-stock dividend. o re sa Nat Bank— 100 o 20 20 , N 15 7,120,735 17,059,102 8,790,140 31,801 2,875,108 Lincoln Nat Bk A Tr Gary< Gary State Bank Gary Tr A Sav Bk.. < 1330 69,177 600.000 3.000.000 10,111,075 326,895,993 300.000 583,422 8,310.924 Fort Wayne— 100 100 40 \ . t National Banks State Institutions iowa Sept. 28 Surplus & Profits Capital Sept. 28 S Burlington— Farmers & Merch S B Nat Bk of Burlington 58,792 125,000 200,000 Cedar Rapids— Guar Bk & Tr Co 54,162 108,295 1,828,302 200,000 500,000 Merchants Nat Bank National Banks 1 Ask Bid Par $ 100 2,323,470 2,991.448 2,771,588 28,970,932 4,418,605 987,633 171,360 38,830 250,000 50,000 United State Bank.. Couneil Bluffs— City National Bank. 150.000 Oeun Bluffs Say Bk. 150.000 2,434,634 3,966.723 T 63.014 , 81.724 100.000 490,348 9,708.515 /100 I 80 cent les 100 1,000,000 1,100,000 j, 1,327,327 33.087.858 /100 1100 1,500,000 1.200,000 j, 787,560 1,500,000 1 200.000 I 10C Preferred. 100 Hibernia 1,485,115 /100 1100 1,781,763 100 Natl Bk Preferred Nat Bk of Commerce clOO Common Davenport— 1,645,580 26,964.821 100 400,000 I 600,000 150.000 766.355 19,159,300 125 113,862 2,790,600 550.000 1 450.000 150.000 905,220 600.000 Des Moines— Cap Olty State Bank First National Bank. 42 36 Commercial Nat Bk. Oont'l-Am B 9c Tr Co c25 ]25 105" 125 112 130 clOO 65 21H 20 f 48.784,199 88 mm—mm 22 Yt \ 20 22X 23 H 2,581,878 181,747 6,822,338 119,191,681 20 25 30 26 70^ 73 1,154,265 28,361,726 100 140 145 795,439 328,924 19,125,414 9.267,462 100 125 98 135 972,102 50,590,040 f 20 \ 20 • 100 105 120 115 100 -mmmrn 1.000,000 1.000.000 700.000 Co Shreveport— ....... (10 208.000 2,800.000 ...— Whitney Nat Bank.. Bankers Tr. Co........ 20 1SX no 9,662,076 New Orleans— Amer Bk & Trust Co Preferred. Louisiana SB 9c T Davenport Bk & Tr. Preferred 300,000 240,000 — Common........ 64,000 36.000 Preferred State Savings Bank. Common 300.000 240,000 411,569 o re share. Per % % Baton Rouge— Preferred N Ask Bid Par Common........ 25 100 20 First National Bank. Common Cross Deposits Nomi nal. Common 156,968 187,003 Sept. 28 City National Bank Common —— Preferred Louisiana Nat Bank 100 sa People's Bar Bank Surplus & Profits Capital Nomi nal. Per share. State Institutions louisiana Sept. 28 Cross Deposits 103 trust companies and banks DEC., 1938] Cent Nat Bk A Tr Co Common Preferred Des MoinesBk&TrCo d le wa-Des M oines N at 20.879,117 /100 \100 48,351 "55" 50 1,705,250 National Banks ions Institutions State maine Sept. 28 Sept. 28 Bank 9c Trust Co: Per 1,550.000 1.450.000 Preferred 1,067,019 130 150 50.000 23,961 255,978 309,723 4.466,971 100 "95" IIo" 150.000 Common......../ 100 112 300.000 250.000 515,898 138,135 9.424,545 4,328.837 100 100 University State Bk. Valley Sav Bank 39,649,330 /100 \100 Augusta— 825,000 701.500 429.061 479,162 7,403,220 9,232,731 Merchants' Nat Bk_ 1,000,000 Eastern Tr 9c Bkg Co 200,000 324,981 964,699 8,459,785 7,639,036 100 100 Depositors' Trust Co 126 I N Toy Nat Bank Security Nat Bank.. 300.000 300,000 250,000 Woodbury O# Sav Bk 100,000 Live Stock Nat Bank 1 re 6.150,000 10 5,371,192 hi00 6,270,020 100 100 5.377.951 2,364,706 100 267,000 272,335 373.668 228,963 86,666 400,000 o cent sa 600,000 750.000 Common........ Preferred State Institutions kansas Nomi nal. Per share. 150.000 Exchange Nat Bank- 150.000 250.000 300,000 193,604 First National Bank. N 1,506,762 100 2,291.892 4,352,615 75,187 139,745 293,607 400,000 0 100 re cent 100 sa — lee 105 100 100 25 22 5,395,547 7,567,175 40 30 33 20 34 37 50 67 11,228,290 25 72 c40 40 I 50 o Institutions State National Banks maryland Sept. 28 Sept. 28 Nomi nal ........ 442.000 Preferred 157,889 70,485 200.000 Exchange State Bank 75,000 First State Bank Preferred Elver view State Bk. Common Preferred Calvert Bank 4,425.500 noo uoo 274,600 109.000 91,000 100.000 Common........ BaltimoreBait Oomm'l Bank. Baltimore Nat Bank 10,958.993 r 10 1 10 2,691,804 100 1,163,401 Security Nat Bank.. 100 4,167,459 463.494 160.00C 50.000 Manufac'rs State Bk Nat Cent Bk of Bait N o re cent 100 sa les Nat Marine Bank Fidelity Sav State Bk Guaranty State Bank 70.000 130,000 50.000 200,000 500.000 100.000 100.000 Common ...... Eaw Valley State Bk Nat Bk. Nat Bank of Topeka State Savings Bank. Topeka State Bank.. d 0 1 415,361 301,716 7,575 75,583 52,353 190 10,292,375 not 1,154,631 1100 802,001 559,784 2,185,036 1100 100 Common.. 100 125 125 150 746,243 6,875,199 8,515,471 1.617,987 1,572,521 61,150 175 1,363,704 1.000.000 1.000.000 100,000 200.000 Feurth Nat Bank— Kansas State Bank.. Southwest Nat Bank Union National Bank 108,000 1 92,000 Common Preferred Union Stock Yds Nat d kentucky Common 20 10 10 d — 100 100 30 150,000 298,500 Common Capital notes C62H Farm 9c Mech N Bk. Frederick Co Nat Bk Common— Preferred Sept. 28 Fr'k Town Sav Inst. West Maryland Tr ._ 31 15 32 30 14 X 16 100 25 5.691,056 100 1,481,294 14 5,983,934 50 15X 217" ( 25 216,955 J 211,108 987.675 100,000 125,000 00X 10 {-! 50 3,360,841 500,712 100 10 407,030 41,001 4,081,923 1,703,721 90.000 397,000 200,000 150,000 91,814 305,081 221,800 1,662,762 6,050,739 4,116,124 1,821,811 110 120 130 155 17 18 65 70 135 100 25 1,644,238 ( } 108,257 525 510 7X 8X u? 4,995,695 5,092.125 75,000 51,300 150,000 100,000 60 100 FrederickCitizens' Nat Bank.. 40 20 25 94,031 Liberty Trust Co— 100 6 57X 75 175,134 100,000 1 99,500 500,000 1 4 56?£ 100 1,584,509 398,000 50 fc 10 1,891,041 35,796.480 19,056,173 34.575.457 "65"" 50 100 24,176,802 1,656,318 21,617,031 37,284,124 259,836 4,232,846 600.000 2,000.000 3,000.000 Capital notes Second Nat Bank— 100 Institutions State 1,000,000 11,649,120 1,650,000 4,273,215 1.500.000 Peoples Bank— 3,947,405 / 61»| 1624 50 1,046,521 151.554 26,704 100.000 National Banks Sept. 28 1,021,020 28,435 220,336 137,138 1,300,464 1,044,115 400,000 2,000.000 1,000.000 ...... First Nat Bank 75 75 125 26,300,119 22,287,318 1,060,353 2,329,712 23 377,138 500,000 Cumberland— Wichita— First National Bank. 600,000 11,108,828 35,122,083 800.000 9,402,838 389,746 370,000 3,760.409 145.388 d 300,000 1,474,923 242.151 80.000 1,048,730 214,902 300.000 4.000,000 6,617,362 157,298,667 6,204,748 506,977 400.000 5,294,031 777,034 600.000 563,807 11,694,896 750.000 21 Capital notes Mercantile Tr Co.. Real Estate Tr Co.. Safe Dep 9c Trust Co Union Trust Co 115" 150 176,965 533,546 27,129 44.016 6 10 Equitable Trust Co. Fidelity Trust Co.. Maryland Trust Co Topeka— 500.000 400.000 77.500 200.000 — Western Nat Bank.. share 4 Colonial Trust Co... * Central Nat Bank Central Trust Co Citizens State Bank- d Per 5,122,210 10 • d Gommonw'lth Bank. First National Bank. 100 100 2,168.283 2,587,280 865,270 154,444 253.000 26,082 150.000 First National Bank. Leavenworth Nat Bk — Canton Nat Bank.. Carrollton Bk of Bait Leavenworth— Merchants les 8,924,694 3.776,807 Kansas City— Oemm'l N Bk of K C Common Preferred. cent 468,080 193,819 231,802 338,582 r 491,750 450,000 83.250 Preferred A...... Preferred B o 492,561 400,000 Common........ N sa 20 1 Portland Nat Bank— Sept. 17 Hutohinson— American Nat Bank. 200,000 Nat Bk of Commerce Sept. 28 j 608.518 600.000 First National Bank. 35" "32" 12,607,146 f 20 PortlandCanal National Bank Casco Bk A Tr Co... National Banks 25 re Merrill Trust Co— les share 100 First Nat Granite Bk d Bangor— Dubuque— First National Bank. Amer Tr 9c Sav Bank Bloux City— First National Bank | Nomi nal. I l 15 c25 15 100 10 Nomi nal. Per Covington— Citizens Peep-Lib Bk 9c Tr Co d OovlngtonTr&BkgOo d LexingtonBank of Commerce. 486,197 200.000 Nat Bank First Nat Bk dc Tr Co Common... Preferred . Citizens Bk & Tr Co. Common........ Preferred First Nat Bk & Tr Co Second Nat Bank— Union Bank & Tr Co Security Trust Co... d 200,000 25,000 550,000 150,000 j 327,185 100 4,725,373 5.099,021 I I 110 10 share. 120 17 10 20 1 ""35" 1 314,844 85,862 6,529,252 1.495.831 50 10 6 277,317 2.581.832 100 105 J 100,725 1,447,493 10 4 1,171,535 0 308,935 0 226,580 504,394 12,239,515 2,759.491 2,710,488 3,994,409 0 I 4X 10 "99"" 50 97 100 100 300 160 185" 100 300 305 Louisville— 1,000,000 3,058,528 2,000.000 ol,701,910 Fidelity 9c Oolum Tr. 1.000.000 2,576,315 First National Bank. 325,999 Liberty Natl Bk 9c Tr dl ,800.000 0 100.000 0 66,958 Peoplo's Bank ...... 300.000 220,605 Security Ba nk Kentucky Title Tr Co 01.000.000 01 ,038,071 750.000 835,064 Lincoln Bank 9c Tr.. 100.000 0 133,145 Stack Yards Bank... 1,173,189 Louisville Trust Co_ dl.980.000 525.000 0 105.663 United States Tr Co. 53.242,849 1001 /250 7,391,892 100J 106 89 33.838,649 21,388,410 1,077,071 2,676,915 100 120 3,837,652 100 101 11,839,327 100 130 1,361,448 100 185 10 6 14,162.379 1,305,351 100 cent 10 sables 10 w8"«nu massachusetts sta%tpf.'tn' Boston12U First National Bank. 27.812.500 52,121,144 631,928,716 Merchants' Nat Bk. Nat Rock Bk of Bos * 93 New stock. 100.000 100.000 131,243 477,737 1.684.341 5,527,545 preferred stock or capital notes 100 1250 57 122l 124 50 39 h Member n outstanding. Fidelity unified certificates. Affiliated with the First National Bank of Louisville. of Northwest I Last Sale. 100 /ii } / Citizens* Union q 42 347 Retirement price. d Common and ..... per 37 X 100 Sale price. a c 3X 5,658,266 89,841,724 2,870,978 29,165,784 020830148 187,033,468 4,791,322 79,874,999 12,898,216 466,193 3.000.000 1,500,000 Nat Shawmut Bank. 10,000.000 2,000.000 Second Nat Bank.. 1,000 000 Web 9c Atlas N Bk.. k Units. NewportNewport Nat Bank o Nomi nal Citizens' Union N B. American Nat Bank. N re 1 110 200,000 350.000 1.000.000 150,000 150.000 500.000 76,785 10 100 0 01 300.000 Hagers townFarmers 9c Merc Bk_ Nicodemus Nat Bk-- d Second Nat Bank— .TiinP SO. 1938. Bancorporation. 19 X share. 38X 354 60 20X 128 43 104 BAMS AND TRUST National Banks I "S's"" MASSACHUSETTS "'"IT™0"' Par Deposits Bid Ask Nomi nal. Per share. Boston— % 2.000,000 100.000 1,250.000 Fiduciary TrustOo__ * 600,000 New Eng Trust Oo__ 1,000,000 Old Colony Trust Oo 15,000,000 Pilgrim Trust Oo__ 400,000 State Street Tr Co. 3.890.000 U 8 Trust Oo— Oommon 700,000 Convertible pref._ 450.000 100.000 Wlnthrop Trust Oo_„ n4.300,720 Boston 8 Dep A Tr_. Columbia Trust Co.. Day Trust Oo 100 r280 100 100 36,487,441 2,378,501 11,935,568 2,213,203 31,838,101 356,213 nl,624,878 n 881,680 n c n3,535,525 5,620,356 h 413,857 »6,090,226 None 7,426.454 83,075,045 100 Michigan Ind Bank j»1297005 140,918 2,692,898 n Common 255 11** 13 10 14 16 100 d Beverly302,892 95,828 300,000 100.000 100 100 4,096,368 1.594,625 157 127 160 145 Oommon Brockton Nat Bank 762,746 300,000 300,000 600.000 8,603,419 20 Cambridge— j Cambridge Trust Oo County Bk & Tr Oo. Harvard Trust Oo... 50 Un Guardian Tr Oo. 100 425 12 67** Everett— 878.373 10,151,189 278,561 560,413 272,894 5,968,152 100 100 100 Grand 400.000 427,500 300.000 n n 41** 44 47 41 45 24 10 t 26 10 , 447,845 1,756,795 0 20 20 (712,613,982 f 20 I 20 105,538 0 307,350 672,375 g 5,117,840 100 100 250,000 400,000 18,946,352 8,040,287 2,918,255 6,184,220 22 40 25 20 20 21 23*4 20 18 22 12 20 10 Fall RiverFall River Nat Bank Durfee Trust Oo Fall River Trust 40** Flint— 440 10 65** 10 . 722,766 356,946 91,806 406,087 Preferred... 7,043,101 .600,000 6,724,258 408,941 Olt Com & 8avs Bk_ ftl.000,000 Genessee Co 8avs Bk 700,000 53 Merch & Mech Bank Nat Bank of Fiint Middlesex Oo Nat Bk 20,779,142 366,646 349,509 "75"" "90"" 25 ,2,013,478 Highland Park Trust 10 20 1,686.640 1,423,260 1,069,277 150,000 500,000 ..... 50 399,057 57 382.811,649 309,660 229,120 150,000 n 698,415 c 6,717,862 534,045 300,000 4,509,547 1.000,000 nl ,453,211 c21.366.459 .... 270 55 f12939821 500,000 ... Oommon Common........ 250 Equitable Trust Go— Preferred Detroit Trust Co— Brookton— Preferred Home Nat Bank 50 |1,830,868 Preferred 10.000,000 United Savings Bank Common...... 500,000 Preferred 850,000 Wabeck State Bank. 1,200,000 Bankers Trust Co.. Beverly Nat Bank.. Beverly Trust Oo... Ask Nat Bank of Detroit- 250 10 I Bid cl34,364034 f 20 [ 20 50 4,124,365 118,438,039 27,024 159,568 100 7,500,000 Mfrs National Bank 6 12,446,283 1,316.620 c55,194,352 1,500,000 3,610,000 3,000,000 100,000 Preferred 50 r400 tlO 100 "165" Par Deposits Nom inal. Per share. Detroit— Commonwealth Bank ft3,700,000 Detroit Bank 100 Sept. 28 Cross Surplus & Profits Capital Oommon Stats Institutions MICHIGAN Sept. 28 Cross Surplus & Profits Capital COMPANIES 7,927,922 3,679,213 c 91 205 R&plds-- Central Bank 80 500,000 195,000 ... Preferred Fltohburg— 94,899 250,000 Nat Bk of Grand Rap Oommon , 1,354,119 20 10 466,724 8.960,856 20 13 20 15 f20 Peoples Nat Bank- Safety Fund Nat Bk. 500.000 882,113 100 6,925.195 Common 400,000 175,000 ..... Preferred Old Kent Bank— .... Gloucester— Cape Ann Nat Bank. No 247,480 167,352 150.000 120.000 290.000 Glouo Nat Bk of Glou Gleuces 8 D A Tr Oo 100 2,989,433 1,840,170 3,830,328 252,431 rec ent 10 20 les sa Haverhill- Common. Preferred Grand Rapids Tr Co. Union Bank of Mich. ....... ; 200.000 300,000 961,827 183,887 100 10 6,208,647 2,309,575 491,599 7,969,248 14 10 16 AO 10 42,879,844 10 26 10 10 15 919,853 2,617,052 1,794,578 20 8 12 348,148 685,761 fir 50 18 20 17 15 170,151 5,647,005 20 24 2,116,289 1,000,000 1,500,000 400,000 27,323,730 100 ,1.945.867 138,389 250,000 Michigan Trust Oo Haverhill Nat Bank. Merrimack Nat Bank ■■ l,200,00u 0 28 16 10 Saginaw— Holyoke— Holyoke Nat Bank— Common........ _ 275.000 380.000 Preferred r so l 50 215.465 7,686,901 180,881 2,614,627 rioo [100 60 Saginaw State Bank. ft 368,000 Second Nat Bank & Tr Oo 1.250,000 25 Z250 Park National Bank Oommon........ 100,000 Preferred * 250,000 Hadley Falls Tr Oo.C ftl.400.000 347,499 cl0.009.919 LawrenceBay StateMer Nat Bk 416,874 75 77 20 25 - 600.000 6,295,496 V' Lowell— Appleton Nat. Bank. 300.000 427,817 Union Old Lowell National Bank.... 1.000.000 \ 100 25 11,195.602 125 135 18 22 Lynn— 200.000 190,000 200.000 Preferred Manufac'rs Nat Bk. National City Bank Common. Preferred Lynn 8 Dep A Tr Oo 200,000 250,000 250,000 100,000 Security Trust Oo... [ 300,115 400,000 ....... ..... Essex Trust Co 3,447,542 n c c 9,396.716 482,000 n 748,655 913,851 718,000 Safe Deposit Nat Bk 20 425,000 48 34 Salem— Merchants Nat Bank ft Naumkeag Tr Go— Common.. Preferred.. 300,000 250,000 200.000 Springfield— Springfield Nat Bank ft2.000.000 Third Nat B fcT Co.. r 81) & Tr. , 50 7,130,219 20 9,542,648 5,790,526 12** 11 33 87,430 200,000 .. 100 65 nion Trust C o West Springfield Tr. Taunton 1,873,896 3,182,860 14 8** 9 867,609 10 15 15 17 10 7H 14,658,660 29,328,094 13,477,212 14,959,788 2,184,937 264,546 256,108 2,009,264 4,268,371 100 n 500,000 400,000 300,000 h 974,284 15,069,182 100 130 323,124 4,728,190 100 10 "17"" 100 25 25 290 305 60 59 30 — Machinists' Nat Bk. Bristol County Tr 200.000 300,000 25 25 Worcester— Mechanics Nat Bank Common Preferred Guaranty Bk & T Oo Worcester Oo Tr Oo Common 400,000 1,000,000 Western Nat Bank.. ft 100.000 100.000 h Blooming'n-Lake NB 6 100,000 Central Nat Bank 150,000 Fifth No'west'n NB. i 100,000 First Nat Bk A Tr Co 66,000,000 Hennepin State Bank 6 100.000 Marquette Nat Bank ft 376,000 Midland NatBk A Tr ftl.000,000 Minnehaha Nat Bk. N'western Nat B A T Common.. Preferred Produce State Bank. 2d N'west'n State.. Third N'west'n N Bk 4th Northwest Nat'l. 6 100 251,602 430,948 47,207 14,905 N cent 5,828,958 100 sa les 10,461,838 1,025,476 100 50 1,000,000 l:nl587645 c36,271,0$7 2.000 000 100 100,000 116,744 2,290,311 6100 32,250 1,869,120 i— 31,786 1,635,114 <100 7,627,808 138.600,618 6 20 100 27,709 867,095 100 250,536 5,545,107 475,727 15,127,821 <100 38,556 1,914,535 6100 10 140 First National Bank. Union Nat Bank flOO 6** I1.00. <— <100 <100 200.000 125,000 10 18 136,691 71,367 No re cent sa les 4,824,228 plOO 100 1,779.594 St. Paul— American Nat Bank. ftl ,688,000 100 636,861 25,796,990 Commercial State Bk ft 100 160,000 394,199 4,595,787 DrovExchState Bank oft 200,000 100 59,973 1,818,929 First National Bank. p8.000.000 7,615,609 120,034,385 P100 First State Bank 100 p 100.000 123,215 2,256,689 EmplreNatBk&TrCo ik 465,000 h 234,399 7,256,799 100 Stock Yards Nat Bk. ft 300,000 169,302 5,019,179 <100 Midway Nat BankCommon. 100,000 280,930 4,680.327 1100 z 157,600 ... pi,000,000 * Sale price, plOO f No par. a Dec. 31. 1937. b First National Group. liquidation to $20 a share. March 7,1938. / Retirement price. 0 Trust balances. h June 30,1938. < Member of Northwest Bancorporation. ft Oommon and preferred or capital debentures / Last sale, n MICHIGAN Oct. 31, 1938. o State Institutions American National Bank of St. Paul affiliate. Sept. 28 V 300,000 400,000 City. People's Commercial & Savings Bank... ftl.000.000 Natl BK of Bay Per 45,904 327,612 2,458,064 6,152,040 N 720,779 9,643,887 20 sa Stock has to be offered to board of directors. New stock. share 100 100 Member of the First Bank Stock Corp. r s Nomi nal. Bay CityBay City Bank 0 t Affiliate of First National Bank of Bostc n. re cent les 10 \100 451,483 Includes savings deposits. 8** e Sept. 28 9H ....... Preferred.... First Trust Co.. 16 I d Convertible preferred stock entitled in National Banks o 66*3 5,000,000 [4,275,926 119,836,627 1,500,000 6 100,000 33,329 1,684,170 i 50,000 15,035 1,078,963 i 100,000 1,592,712 136,877 ft 125,000 136,283 2,813,055 85,600 University State Bk. ft 46,404 1,236,492 e ...... Class A 45,224 Rochester— 10 666,424 2,882,656 nl ,351,579 2,231,696 n 198,219 1,600.000 1.000,000 1,000,000 194,250 345,478 1,112,869 ...... 50 6,928,469 104,936 n 600.000 200,000 2,000,000 100 100 Mlnneapolis- 167 385 46 231,981 545,196 465.932 500,000 naT7~ share. 846,315 6,259,369 1,955,569 28,833,013 re City National Bank. Duluth Nat'l Bk ft Pioneer Nat Bank /50 - Warren Nat Bank Per Northern Nat Bank. 100 New BedfordFirst National Bank. Merchants Nat Bk.. Peabody Nomi 69,213 100,000 of Duluth 50 100 2,511,242 f 60 [ 50 3,837,000 100 3,642,252 100 62,583 Institutions Sept. 28 Minnesota Nat Bank 3,221,157 f 50 143,904 State Duluth— Bank of Oomm A Sav First A Amer Nat Bk Central Nat Bank- Common........ MINNESOTA ':7 3.764,614 601,237 National Banks Sept. 28 25 x Ex-dlvldend. z First Bank Stock Corp. outstanding National Banks MISSISSIPPI Sept. 28 Capital State National Banks Institutions Sept. 28 Ask Bid Par Deposits State Institutions MONTANA Sept. 28 Capital Sept. 28 Cross Surplus & Profits Cross Surplus & Profits 105 TRUST COMPANIES AND BANKS Die., 1938] Nomi nal. Nomi nal. Per share. $ share, Per Jaokson Billings— Oommon 525,148 Pf afoff aH Oommerc'l Bk&TrCo Depot Qu Bk & TrOo Jackson-State N Bk. (30 \40 8,207,242 12,428 414,222 394,944 300,000 100,000 50,000 740,000 297.000 4,032,910 (7100 2,736,337 100 846,919 12,291,213 8,048,697 10 120 125 150 Meridian— First National Bank- 239.500 100 68 50 51 600.000 998,942 42,390 644,056 600.000 279,175 9,153,684 (7100 100,000 350.000 165,063 5,471,824 (100 \100 2,775,545 100 12,339,750 1,119,570 11,905,736 100 re cent 100 sa les N o Butte— First National Bank. 85 70 54 80 50 3,101.082 2,905,257 4,055,627 120,395 225,363 98,780 261.700 350.000 Mer A Farmers Bank Oltiaens Nat Bank__ Metals Bk A Tr Co. 0 135 100 300,000 100,000 Montana Nat Bank. Sec Tr A Savs Bank. "15" "12^ 100 229,144 186,756 196,298 Midland Nat Bank.. 60 50 200,000 150,000 100,000 Miners Nat Bk Capital National Bk- Helena— First Nat Bk A Tr Co Union Bk A Tr Co— r Vickaburg— i 300.000 National Banks MISSOURI Sept. 28 8 5,056,468 5,075,725 182,163 289,117 600,000 Jb First Nat A Tr Oo March NatBkATr Oo 100 Institutions State National Banks Sept. 28 Institutions State NEBRASKA Sept. 28 Q-- Sept. 28 Nom inal Per share. Kansas City— Baltimore Bank 100,000 65,448 City Nat Bk & Tr Oo 600,000 1,738,111 Columbia Nat Bank. Commerce Trust Co 500.000 6,000,000 100,000 2.000,000 500,000 100,000 200,000 142,677 4,842,692 65,641 4,752,011 1,283,318 63,893 187,743 Community State Bk First National Bank. Inter-State Nat Bank Linwood State Bank. Merchants Bank 100 1,912,135 22,458,176 100 6,127,914 100 161,029,320 100 1,257,444 1100 120,655,125 100 .100 21,542,867 100 1,488,353 100 3,359,379 Merc Home Bk A Tr Common Common Preferred "125" 155" 200,000 ... 340,042 [ 325" 60 90 Preferred First National Bank. Nat Bk of Commerce 490 100 135" 200 225 19,981,934 100 125 10,233,307 100 200 974,721 422,012 450,000 25,155,531 12,816,423 20 30 100 160 42,357,552 (100 165 1,500.000 11,402,517 Packers' Nat Bank: 125 86,000 114,000 50.000 200,000 100,000 25,981 74,461 129.482 1,341,429 /100 1100 1,525,800 100 3,231,060 100 2,338,380 100 550,000 100.000 120,819 45,819 8,004,893 1,155,892 50,000 50,000 400,000 269,234 6,880,435 100 206" 225" 1,000,000 1.125,000 665.483 26,306,060 West port Are Bank. Union Av Bk of Com 100,000 140 University Bank 100,000 192,341 122,934 15,489 (10 115 100 Common ... Preferred Park National Bank. Plaza Bank of Oomm Preduce Kxch Bank. Traders' Gate City Nat'IBank * Southeast State Bk__ South Side Bank— Common ... Preferred Stock Yards Nat Bk. Union Nat Bank— Common......... Preferred 53,831 28,291 6?0H0 680,690 /100 U00 100,000 1,876,006 1,549,842 100 100 808,082 117,000 83,000 50,000 Common Preferred South Omaha Sav Bk Stock Yards Nat Bk 126" 110 Common 55 75 60 .... Preferred 65 65 2,317,773 (100 81,669 I 1100 6,746,962 (100 1100 24,652,296 100 113.226 250,000 1 400,000 1,174,943 el.100,000 e 75 U 8 Nat Bank 10H W National Banks June 30 195 80 NEVADA ioo" Nomi nal. Per Bt. Joseph- 224,731 271,395 420,974 136,066 72,405 264,081 116,043 93,443 200,000 200,000 500,000 100,000 250.000 200,000 200,000 136.000 Burnes Nat Bank. First National Bank. First Trust Oo First St JosSt's YdsBk Teotle-Lacy Nat Bk ■mpire Trust Co. Missouri Vail Tr Co. 7,291,329 3,619,910 6,398,447 2,955,754 3,155,516 7,162,302 2,516,164 1,097,261 100 N o 100 100 re State cent NaZL28anks NEW HAMPSHIRE sa s Nomi nal. 100 Per 100 Bt. Louis— Amer Exch Nat Bank 107.500 L 2,179,639 97,359 92,500 k 2,690,853 275,000 30,077 Baden Bank 2,093,108 50,031,217 Boatmen's Nat Bk.. 2.000,000 323,314 5,401,545 400,000 Bremen Bk A Tr Co. : 5,559,123 400,000 223,117 Cass Bk A Tr Co 10.200,000 8,252,891 238,957,255 First Nat Bank 600,000 502,474 10,890,907 Industrial BkATrCo Jefferson Bk A T Co3,358,460 200,000 1 Common 75,677 200,000 J Capital notes 6,746,729 156,428 644.000/ Jeff-Gravois Bank.. Common ....... Manchester- J20 120 100 20 100 100 17 20 Indian Head Nat 34 33 90 100 Plaza Bank (The) Sec Nat Bk SavsATr Bk k 200.000 400.000 600,000 60 c 418,162 532,309 534,169 6,029,370 5,963,788 6,302,012 97,936 3,186,873 share^ N cent sa 100 0 re les 100 Bank. 250,000 75.000 200.000 Preferred-jru. ... New Hamp —— . 100 100 100 m — rn mm 300 1135 105 100 Nat Bk. \ / 1,502,005 26,646 N 0 100 re cent 100 sa les 25 20 1,045,814 J100 1100 611,735 241.926 264,383 141,499 689,102 10,752,200 20 15 19 5,984,306 100 80 90 9,272,564 3,721,309 12,699,205 50 88 92 20 100 20 165 175 63,143 193,335 214,707 979,702 327,316 3,366,481 4,681,033 4,032,815 14,649,949 8,801,240 100 50 60 100 7b 79 28,075 109,592 264,061 3,289,070 3,119,509 5,632,695 20 6 8 100 20 70 33 6,150,366 163,575,998 100 130 5,579,352 95,801,837 2,546,667 4,203,096 7,083,885 2,595,011 100 350.000 421,000 400,000 ; South Side Nat Bk— 500,000 1,000,000 1,000.000 Chippewa Trust Co. * ■aston-Taylor Tr Oo k Lindell Trust Oo i 340,000 250,000 400,000 More Com BAT Co- 10,000,000 Mercan tile-Com¬ 350,000 merce Nat'l Bank. 6.000.000 Miss Val Trust Co.. k 244,559 Mound City Tr Oo 300,000 North St Louis Tr Co Nerthwest'n Tr Co.. k 735.000 100.000 WebsterGroves Tr.. 319,362 2,918,060 32,352 332,373 333,282 210,739 Springfield— k Oltiaens' Bank it Union Nat Bank Southern Missouri Tr * First National Common 33^ 33.070 Oommerc'l Savs Bank 100 100 Portsmouth— 104 100 33 87 600,000 500,000 450,000 200,000 Manchester Bank Mutual Bk A Tr Co.- A 5,364,702 3,308,166 3,388,923 » Manufacturers Bank A T Oo Telegraphers Nat Bk Tower Gr Bk A TrOo United Bk A Tr Co.. 200,000 200,000 Nashua Trust Oo— k SecondNat of Nashua k 50,000 50,000 ... Preferred Southern 938,846 532,383 269,066 200,000 Nashua— 6 15 45 Lemay Ferry Bank— '■ Institutions Sept. 28 100 Nat Bank Manchester Nat Bk. Merchants Nat Bank Common share. 100 100 Am oskeag Preferred 27,352,264 943,879 600.000 First Nat Bk of Nev. d American Nat Bank. 25 929,121 55,904 Reno— '•>: /■' 32 1100 750.000 Preferred al00 150 250 \100 636,915 757,106 Omaha Nat Bank— 170 120 216,485 i 1,500,000 Live Stock Nat Bank Common Missouri Bk A Tr Co 9,200,070 f 100 Omaha— First Nat Bank 196,000 Capital notes 250.000 290.000 850,000 300,000 e Common... 160 70 460 295 share. Per Con tinenta 1N atBk— 70 150 100 8,356,516 Nomi nal. Lincoln— 107 275 Ask Bid Par Deposits 290.000 594,000 c 100.000 c 11,808 339,278 95,286 2,465,701 10,740,140 2,203,178 al00 20 115 20 30 25 Per Atlantic City— Boardwalk Nat Bank Bankers Trust Co- Asbury PkNatBk A Tr k Asbury Park A Ocean Grove Bank—... 26 25^ 85 100 Co.. Bridgeton— k Bridgeton Nat Bank. Cumberland Nat Bk. k Farm A Mer Nat Bk. Jfc 1 1 11 111 11 1 Bayonne Trust 100 100 100 * Broadway Nat Bk 175 100 Seacoast Trust Oo— Bayonne— 60 23 1 1 1 1 • 1 1 1 11 • 10 580.500 205,889 6,231,502 100 55 65 300,000 100.000 167,509 107,072 2,314,774 1,170,259 10 8 10 200,000 400,000 37,015 343,402 1,670,473 9,930,684 244,100 575,000 249,500 90,558 232,650 105,893 2,273,635 4,954,902 1,546,429 3H 5 4 50 100 75 100 33 75 42 100 20 12 14 85 1 1 I 6 1 1 1,147,746 (100 96,814 1,184,518 Asbury Park— 100 100 fiquitable Trust Oo— Preferred 4VS a30 245,418 225,000 I c 123,839 Oo. Common......— 131 150 1,610,476 (100 I 10 5,023,982 748,185 120,000 343.783 500,000 Preferred Guarantee Trust mm «• share*- 100 6,961,873 400,000 Common mm mm. 4X 20 NEW JERSEY Nomi nal. 23 19 100 National Banks Sept. 28 • Sale price. a Retirement price, c June 30, 1938. d Owned by e the Transamerica Corp., Member of Northwest / Includes reserves. q San Francisco, Calif. Bancorporation. ' . Member First Bank Stock Corp. h Reserves. k Preferred stock and common stock or capital debentures outstanding* I Last sale. s t Member of the Guardian Detroit Union Preferred stock retired. XJroupIInc.. Detroit, Mich^ BANKS National Banks NEW JERSEY Sept. 28 Surplus & Profits Capital AND TRUST COMPANIES State Institutions National Banks Sept. 28 Sept. 28 NEW JERSEY Par Bid Capital Ask Institutions Sept. 28 Gross Surplus & Profits Gross Deposits State Deposits Par Oamden— FIrstOamNatBATOo d2.X77.891 Per 10 910,326 Merchantvllle Nat'l Bank A Trust Oo. d 224.375 d2.734,750 Camden Trust Co 89.619 1,383,074 200.000 0124,800 East Orange— Ampere Bank A TrOo Bar Inv A Trust Co: Common Preferred * n 331*313 95.600 769,165 Elizabeth— Elisabethport BkgOo d 400,000 National State Bank <21,310,000 Central Home Tr Co d 500.000 1,173,341 33,076.873 4X it 2,796.116 33 X 17,932,152 4X 2X 10 3 Trenton— share. 3X IX - dl ,000.000 Nat Bk. <13,156.000 "Irst-Mech 021,319 0359.774 100.000 500.000 $ 11,978,190 34,663,902 1,032,321 1,265,527 23,503,996 20.725.301 537,243 469,241 398,855 3,029,872 3,055,146 1,592,955 731,006 Prospect Natl Bank. Security Nat BankTrenton Banking Co 200,000 200.000 1,500,000 Trenton Trust Co— dl,874,000 Per 40 50 10 100 3 15 20 25 50 65 70 50 1 2 70 75 100 1,609.995 35,064 n Hudson Co Nat Bk— Common Preferred Bergen Trust Co Commercial Tr N J— 1,250,000 1.500.000 100.000 3.400.000 N J Title Guar A Tr. <22.999.996 North Bergen Tr Oo. 100.000 359,094 Farm X A Mechanics' National Bank 100,000 200,000 100.000 First Nat Bk A Tr Co 20 25 5 12 50 o 10 50 10 5 15 10 "6" 1 1,464,979 2,155,167 National 20 3X 2X 10 84,191 3,484,969 804,284 o 27,950 o Trust Co of N J— Common 1.140.000 lo2180 928 Preferred A.. 2.500.000 West Bergen Tr Co.. <2 400.000 o 62,038 ..... 50 40,614,375 100 3,474,665 37^ 31.425.238 Banks NEW YORK Sept. 28 State Institutions Sept. 28 Albany— 30 -J* f30 ----- 995,078 100 63,543,240 25 23,099,850 12 990,580 27 "28"" 1 IX 250,000 Nat Com Bk & Tr Go 1,500,000 State Bank of Albany d2,870 000 First Trust Co d2,960.000 15 230.000 Morrlatowq Trust Co 600.000 200.000 100.000 O 5 r 3.068.737 ^25 Franklin Wash Tr Co <2 34.109 2,559,975 50 100 7.472,103 6,890.740 1,671,436 8,716,921 25 Marine Midl'd Tr Co 150 440.764 134,637 64,495 150,000 600,000 884.000 150.000 384,693 19.264 Mt Prospect Nat Bk. <2 Nat Newark A Essex Banking Co...... 3.000.000 National State Bank 500.000 Clinton Trust Co <2 526.980 Columbus Trust Co. 304.000 Federal Trust Co 1.622.500 2,916,547 1,613.008 2.500,000 Union National Bk.. <2 336.300 United States Tr Co. 600,000 West Side Trust Co. 1.075.000 New Brunswick Nat'l Bank ofN J... <2 Peoples Nat Bk__ 1.426,245 9,249,808 6,926,263 1,345,491 41,850,851 1,876,883 21.648,494 585,621 2,958.228 106,091 1,851,231 1,193.062 32.617,446 8,151,636 150.943,283 2,022,949 16,602,881 122,828 3.031,445 575,738 3,876,463 396,373 11,378,742 Merch A Newark Tr. 867,500 300,000 50 125" 15 50 100 25 100 14 18 8 3 4 4 100 64 68 500 525 19 10 8 9 10 28 29^ 25 20 21 20 mm 25 —mm "IS"" "Is"" 11 25 14 1,665,591 10 0 100.000 42.750 33,672 142.055 26,8$9 160,622 Liberty National Bk Guttenberg Merchants TrUnClty 100,000 500,000 698.500 100.000 400,000 Huds Tr Co Un City. al ,000,000 Woodcllff Trust Co <2 145.000 • 11 • « *'# t 1 1 ank & Tru st Co. retur ns date Sept. banksSept. 28,1938. 1,277*273 1,908,922 331,901 Passaic— Passaic N BkATr Co <22.250,000 People's BkATrCo 1.000,000 252,140 5,334 123,703 64,586 596,939 57,966 175,000 Mid-City Trust Co.. <2 100.000 Plainfield Trust Co.. <21,150.000 State Trust Co..... <2 247.500 les 680.000 600,000 102,000 300.000 J 467,971 0 64,317 51.612 600,000 375,000 1,500.000 757,017 1,000.000 02,122,232 JolOll 655 100.000 Common..... Hamilton Trust Co.. <2 U S Trust Co- 594.000 575.001 139,907 600,000 lo 260,783 750.000 500.000 ! ! 925.000 550.000 8,200.000 500.000 *225 50 t 30. 50 100 5 "Bx 1938 75 100 33l» 100 100 50 100 48 52 76 100 1510 81 1560 . Common 2,200.000 13,892,360 Debentures 2,500.000 10 10 12 10 52,408,760 Llncoln-E 8ide N Bk d 200.000 146,488 2,206,449 Mfrn A Trad Tr Oo5.000.000 12,094.905 86,993,195 Marine Trust Co— <8,000,000 7,654,177 150,183,464 7 21 23 1 10 <32 9 5X 5H Elmira— Chemung Can Tr Co First Nat BkATrCo Ithaoa— First National Bank- 100 6 Debentures "A".. Debentures "B"-_ 800.000 1.237.500 1,906.936 785,354 10,786,636 14,249,842 20 600.000 650,000 153.029 634,437 4,550,086 9,284,989 100 470,260 12,372,263 7,571,988 4,226,398 100 20 4026,191 <50 100 mx 25 "2" "4" 4 6 175 . 9" 10 7 10 4': 12 29,703,618 5,009.934 25 19 25 9 22 12 4,209,908 1,386,951 1,102,847 16,288,290 3.804,967 2 N 25 6 245,000 75,000 | 735,084 171,992 463,879 200.000 446,730 693,777 250.000 150.000 150.000 550.000 128,644 93,581 482,819 537,998 2,066,812 1,323,972 4,177,701 6,463,802 sa 500.000 !* r20 25 200.000 rlOO 300 350 13 Kingston— First NBk of Rondout Nat'l Ulster County Bank of Kingston. State of N Y Nat Bk Kingston Trust Co.. N New Yoirk CityDeposits N ew York Ci are of Dec. 3, 1938. Sur plus and p for National and Sept. 28, 1938 for of banks and trust companies in New Yo found in our "Rai Iway Secti on, pages 1 . o re cent 100 60 o 10 re cent 100 sa lee 100 100 mm — 25 100 25 250,000 400,000 Rondout Nat Bank. 20 20 Bank of Jamestown— Common 40 r50 les. 100i 65 13.010,890 noo 1 60 1,133,518 190 20 2,208,576 60 12,809,217 50 50 "30" 70 75 5,229,478 50 160 97.198,199. 200, 33.100 k 5,745,600 Bank of New York— 6,000,000 13,552,080 168,172,000 Bk of the Manhat Co 20.000.000 26,077,131 511,251,000 Bank of Yorktown 1.000.000 767,300 k 6,095,600 Chase Nat Bank-. 100.270,000 131271586 2266436000 Comm'l Nat Bk A Tr Fifth Ave Bank 7,000,000 8,229,473 500,000 3,636,800 First National Bank- 10,000,000 108657700 Grace Nat Bk of N.Y 1.500,000 2,047.600 Merchants Bk of N.Y 400,000 232,700 Nat Bronx Bank d 785,000 278,100 82,673,000 48,595,000 507,594,000 fc27,798,200 k 4,711,900 k 9,022,500 201* 202. 377 387 100 100 10 66*j 13.55 100 100 It* 37 29 H 139 720 100 1610 IS* 40 , 31}* 145 760 1650 100 100 50 ""97~" 153"" 40 45 40 25 650.000 State banks, a di vidend record Broo klyn m ay be rk City and 50 16.665,385 29,778,361 Amalg Bank of N Y. and ty banks are repo rted neif rofits are of date Sept. 28 ,*38 100" 12 20 8,629,687 / 25 10 1121s 259,230 50 mm Liberty Bk of Buffalo Union 3.282,475 13,018,965 J100 \ 50 Sale price, t Marine Midland 11 c b Includes c security stock. Preference stock. 3 d Common and preferred stock 20 ^orp. Only outstanding stock of People's Bank A Trust Co. of Passaic, N. J, Is Sllpar pref. stock of the Realty A Security Co. r!2X 10 * a 50 0 47 m 450 100 2,956,300 94,575 3.127,315 57,600 3.056,400 332,300 3,684,100 205,800 8,265,800 332,100 5,839,700 6,578,012 115,203,761 6.324,985 40,872,910 Nat Ohautauq Co Bk Trust Co— 100 30 50.000 600,000 ;.. 439,814 153,500 The First Nat Bank. First National Bk— p 240.000 225,000 r§o"" Paterson— Common........ Preferred Haledon Nat Bank.. 2 Nat Un Bk of America 200.000 I • 1.325,988 I 50 [ 50 1,183,389 5.562,357 5.699,000 3,424,626 8,167,064 24,932,394 1,437,842 . Plainfield— First National Bk... Plainfield Nat Bank. 4.450.642 628,580 117,298 159,000 107,710 353,930 818,291 27,107 Comw'lth Tr Un City Gutt'b'g Bk A Tr Co Weehawken Tr Co 252 Jamestown— re cent dson— Common........ 100 I 10 N 25 sa Preferred.. Hamilton Nat Bank of Weehawken Preferred.... 9,206,763 10,029,435 7,872,032 100 50 50 100 308,893 Common...... 846,614 432,758 577,447 E. 10 8 10,449,481 6,172,766 IstNat Bk of Un City <2 Nat Bk of W N Y— Prospect Pk Nat Bk Common Preferred Citizens Trust Co— 100 100 Bklyn Buff&lo— 100 25 '• Preferred Second Nat Bank... Bensonhurst Nat Bk Citizens Bk of 8 100 438.108 447,690 471.273 Paterson Sav Inst 6,494,734 6,082,902 National Kingsboro Nat Bank Lafayette Nat Bank. People's Nat Bank-. Brooklyn Trust CoKings Co Trust Oo. 150 50 lo 111,789 ........ ...... Brooklyn—State B Tompkins Co Tr Co New Brunsw TrOo— Paterson Nat Bank— Common 453,792 158,377 10 1*214,485 Fidelity Un Tr Co... <27,250.000 H$$ 400,000 695,000 100 650 425 245 Binghamton— , City National Bank- Newark— Bank of Commerce of Newark Lincoln Nat Bank Preferred d Flatbush Nat Bank. Mt. HollyUnion Nat BkATrCo Farmers' Trust Co.. North ft West 100 50.780,491 279,127 323,722 17,157 823.003 500.000 595.488 200.000 3,161,280 50,870,432 60,876,815 26,436,781 400,000 600,000 <500,000 Nat Bank of Auburn Auburn Trust Co Morristown— First National Bank. National Iron Bank. <2 American Trust Co.. <2 1,404,236 5,609,890 3,942,206 441,589 Auburn— First National Bank. Long Branch Bkg Co Common Preferred Per share Mech A Farmers Bk_ 4X / 25 I Nomi nal 53 6 Long Branch— o 4 18 Woodbury— Jersey City— First National Bank. 2.225.000 Franklin Nat Bank.. <2 400.000 share 100 45 u 6,982,356 15,153,077 3,527,317 4,014,474 11,866,482 2,255,610 54,786 67,501 01,198,719 o 350,303 Broad St Nat Bank Woodbury Trust Co. 0144,189 175,794 024,261 Elizabeth Trust Co.. <21,017,086 0124,308 Union County Tr Co <21.114.345 01,435.749 floboken— Columbia Trust Co.. d Seaboard Trust Co.. 23,267,828 12X Ask Bid Nomi nal. Nomi nal. 35 • / Includes preferred 0 or capital debentures outstanding. Represents capital, surplus and undivided profits. Includes stock retirement fund. reserves. h Affiliated with the Trust Co. of New Jersey, Jersey City. < Controlled by Marine Midland Corp. k Sept. 28, 1938. 1 Last sale, n Dec. 31, 1937. o June 30, 1938. r Preferred u Reserves. stock retirement price, , National Bank* Sept. 28 Capital National Banks State Institutions new york „ new york Sept. 28 Sept. 28 )eposits Trust co. returns d ate Bk of Athena Tr Oo_ Banca Com It Tr Oo Banco di Nap Tr Oo. b'kof Montreal Tr Oo Bankers Trust Co.. Bronx County Tr Oo Cent Han Bk&Tr Oo Chemical Bk & Tr Oo Oity Oo Clinton Trust oo— Colonial Trust oo— Continental Bk&Tr. Corn Ex Bk & Tr Oo Corporation Trust Oo Empire Trust Oo Equitable Trust Oo. Federatic u Bk& Tr Oo 350,000 share. 20 1,720,455 2.366,610 Oommon 100 1,665,387 r so i 50 170.000 30,000 24,380 100,000 500,000 j 512,007 4,437,575 f 60 i 10 300,000 61,506 2,474,087 12* 2 33,589 15 10 8 5 ... Preferred Westches Oo Nat Common..—l Preferred Pleasantoillt— Mt Pleas Bk&TrOo Port Chester—1st n. 0 Bk & Tr Oo Mutual Trust Oo. 100 100 50 0 "10 5 7 20 0 White Plains— Citizens Bank- 80* 41* 10 0 Rye Trust Oo__ Tarrytoton n b&TrCo 42* 550.000 176.250 550,000 195,000 200,000 0 Bye—Rye Nat Bk "55"" Preferred 65 10* ifa County Trust Oo First National is" "14" 10 100 100 100 100 10 100 "loo 25 40 100 17 22 20 25 535,354 "28" 38" 5,330,916 25 22 350,000 Bank 27 7.110,875 10 26 903,150 300.000 in Yonkers 31 "27* 645,093,134 i 20 5 15 236" 25 8 10 Yonkers Nat Bank 25 825.000 1,085,200 10.118.700 2,000,000 2,758,381 21,961,135 1,000,000 1,375,200 13.559,100 Fiduciary 1t ust Oo. Guaranty tr* st Oo. _ 90.000,000 181984416 1544865349 430,039 3,147.614 Hellenic Bk & Tr Oo. 1,000,000 50,000.000 61,411.081 529.955,693 Irving Trust Oo 1,583.142 20.543.701 Schroder Trust Co.. 1,000,000 Lawyers Tr Oo..... 2.000.000 1,865,298 35,179,333 7.274,277 10 3 5.259,175 f 25 \ 25 20 14.093,600 Oentral Nat Bank 49 253,569 151,273 8 3 Yonkers— 13 48 5,906,582 2,996,317 3.179.558 1,724,536 1,777,233 " 173,562 200,000 i 150,000 1,650,300 580,000 —— 50 25 10 20 100 10 129,574 14,608 81,395 95,488 l 792,000 0 Peoples n b & t Oo: Oommon 20 10.000,000 17.615,185 77.152,770 402,600 8,667,100 e 750,000 447,528 7.215,676 1,000,000 4,000,000 4,279.204 65,068.285 15.000,000 18,965,318 298,929,603 33,000 376.300 600.000 3.500,000 3,460,900 62,500,800 prices Per s 8 213,411 171,394 200.000 0 Ask Bid Par Nom. Peekskill n b&TOo 28,1938 155.900 3,336,700 9,724,616 850,973 638,200 14.338.100 194,089 653,123 77,650,902 915,956,619 257,500 20,239,500 71,133,648 874,830,874 Gross Peekskill— \l* 500.000 2.000.000 1.000.000 1,000,000 25.000.000 642,500 21,000.000 20,000,000 55,282,690 555,717.316 Bank Farmers' Trust Sept. Sept. 28 Deposits (Concl.)— Westchester Oo. Ossining—1st Nat Bk & Trust Oo Ossining Trust Oo. 1770254 000 12* cl4,490,500 3.082,400 136,647,000 17* c24.955.888 25 c26.562.978 c 6,123,000 12* c Institutions State Ask Bid Par - n. y. City (Concl.) National City Bank. 77,500,000 59.015,763 998,900 NatSafetyBk& Tr Oo «1.016.300 243,300 e526,000 Penn Exchange Bank Public Nat Bk&TrOo 7.000,000 9,238,575 5,000,000 2,415,956 Schroder Bkg Corp. Sterling Nat b & t_. 1,500,000 1,694,860 302.600 e416.300 Trade Bank of ny.. Surplus & Profits Capital Gross Surplus & Profits 107 TBTJST COMPANIES AND BANKS Dec., 1938] 37* 52* 617,933 500,000 Fulton Trrnt Oo . Mfrs Trust Oo: 32,998,440 Common j45129357 & Trust oo— Preferred l20s 10.000,000 13.722,407 7,806,127 18,068,723 { 20 259,658 800.000 825,000 1,000,000 2.000.000 28,775,512 5,692,650 9,809,700 85,793.302 e u 8 Trust Oo of n y north carolina staulttn' Asheville— 7* 6* 90 1575 2.800.000 2,600,000 13,089,180^ 70,634.966 292,620 600,000 Capital notes—.. 1,170.000 Genesee Vail Tr Oo.. c2.250.000 Roch Trust & 8 d Oo 1.000,000 Security Trust oo— Oommon 300,000 200.000 Capital notes..... 15.866,455 4,880.282 Capital notes..... 2,439,467 31,205,147 Jl, 139,713 11 8 55,175 1,264,981 169,000 114,039 70,450 1,545,224 14,395,644 1,881,000 2,001,758 1,047,347 200,000 800.000 190,890 354,034 3,955,052 11,007,885 10 10 "IB"" 790,000 1,249,765 17,541,426 25 80 171,500 300,000 146,515 820,765 2,781,369 7,128,031 25 30 10 30 400,000 324,960 100,000 jl,304,174 20,046,067 (100 250 Raleigh- §"" "12" 20 100 90 WilmingtonPeople's Sav Bk & Tr wllra Sav & Tr Oo__ 1100 1000 mm Oo Preferred 44,987,421 .. Nat Bk of Wilson... 322,049 5,750,054 f 10 368,076 507,222 7,874,644 l 10 1,200,000 848,993 21,393,811 20 32* 9.120.767 20 14 j 352,912 1,265.831 Preferred Syracuse Trust Co.. 1,000,000 1,400,000 jl,145,755 Union Nat Bank 631,200 297,000 756,426 133,482 161,035 1,000.000 990.000 |1.756,970 0 ... 1,534,354 0 100 262 265"" 100 55 72 "so" 25 20 18 21 25 40 45 25 25 27* 16 100 mm rnmm 275 0160 \160 25 3,103,829 2,628,154 f 10 I 10 100 73.971,160 200"" 36* 16 20 020 National Banks 4 47,688,935 28.939,756 77,627 2,534.391 03,900,000 u? 10 NORTH DAKOTA Sept. 28 6 12 Nomi Per Fartrb— Dakota Nat Bank.. 21.055,866 i 25 25 11,055,313 6,449,780 16' 50 3,498,493 First Nat Bk & Tr Oo 0 Merch Nat Bk&TrOo 20 4 n nal.a share. 100 2,361,646 1,812,727 6,362,862 3.375.203 N o 100 re cent 25 sa les 100 n 24 5 6 165,928 127,137 129,430 204,016 201,000 50,000 500,000 150,000 0 Fargo National Bk.. Troy— Manuractur Nat Bk. 01,400,000 National Oity Bank. 600,000 Troy Trust Oo 229,143 110,000 I 90,000 Preferred Wachovia Bk &Tr_. 010 100 Syracuse- First Trust & Dep Oo Common........ e4.691.844 200 100 100 7,368.401 15,112,600 750,000 175,000 200 100 Winston-Salem— 1,380.097 ....... 75 50 100 Wilson— mm Branch Bkg & Tr Oommon 300,000 750.000 Schenectady Tr Oo.. .... 150,000 500,000 200,000 100,000 214,000 Nat Bank First Citizens Bk&Tr "25 400,000 Preferred Capital notes..... 4,741,837 10,457,554 6,154,158 61,029,894 Guilford Nat Bank— 48 j 20 200,000 253.590 Union National Bank Oltlxens Trust oo— Oommon 591,222 551,212 2.576,261 Common ........ Oommon. 601,671 500,000 300,000 1.200,000 First National Bank- Schenectady— Mohawk Nat Bank— Lincoln Nat b & TOo Merch Nat b & t Oo 440,000 Greensboro— 28 26 f 20 \ 50 • Oommon 0 Union Nat Bank American Trust Oo__ Fidelity Bank Depositors Nat*l Bk. Home Savings Bank. Mech & Farmers Bk- 100 Union Trust Oo: 3,000.000 1,000,000 3,165,221 Durham— 15.694,995 34,332,387 577,663 ..... .... 191,743 Security Nat Bank— ..... Oommon 225.000 Charlotte— Charlotte Nat Bank. Oommercial Nat Bk. 80 100 100 1525 . 20 e First Nat Bk & Tr.. d Oommon 4% Conv.Preferred Central Trust oo— Nomi nal. Per share 80* 25 25 200 3,079.600 343.400 e Rochester— Lincoln-Allla Bk&Tr Oommon 5 Citizens' Jamaica, L. i.¬ Jamaica Nat Bank.. 8,306.904 f 20 i 20 * loo Oommon .- ""9* Convertible pref.. 9.306.520 6 000.000 9,088.063 102,993,310 Marine Midi Tr Co.. New York Trust Oo 12.500,000 27.938,852 377,291.104 138,800 3,938.500 Pan American Tr Oo 6v>0,000 Savings Banks Tr Oo 2.500.000 5,366,200 115,949,900 Title Guar & Tr oo— Debenture notes.. Trust Oo of Nor Am. Underwriters Tr Oo 68,883 400,000 i 400,000 Oommon 185 10 Utica— First Citizens Bk & t Preferred 600,000 196,000 Common......... Preferred... j 569,076 .65 31.117,810 .85 National Banks Sept. 28 060 Oneida Nat Bk & Tr 9,604,550 OHIO Institutions State Sept. 28 20 25 Nomi nal. Per Akron— Dime Savings Bk Watertown— 146,196 400.000 Jefferson Oo Nat Bk 5,332,522 20 3.867,362 35 40 Watertown Nat Bk- 210.000 112,000 Oommon....... Preferred Northern n | 159,590 600,000 l 240.000 Capital notes..... 435,343 10,389,932 N o re cent sa y Tr Oo Oommon...... . les i25 Oommon Oo .... Capital notes First-Central Tr. Oo. Goodyear State Bk.. Firestone Pk Tr&S B Oommon Capital debentures 200,000 la 161,248 15,617,580 490.000 100,000 94,250 a 200,000 608,000 j 616,068 First National Bank. Geo. D. Harter Bank Bronxville— 990,000 1,108,175 800,000 632.662 Gramatan Nat Bk & Tr Co.. Bronxville Tr Co.... 0 200.000 350,000 n_. 0 650.000 267,500 Fleetwood Bk (The)- 0 mt Vernon Tr Oo. 03.000.000 Mt. Vernon—1st New Rochelle— Oentral Nat Bank. First Nat Pruk 23,151,612 3,436,316 'loo 14,061,297 3,271,440 3,848,988 701,867 105,156 643,407 12,158,265 3,029,822 6,830,227 84,882 325,229 78,853 593,914 2,019,597 4,448,426 1.467.025 14,618,209 20 100 30 "125"" CincinnatiBank..— Atlas Nat 100 125 150 100 25 Olnn Bk & Tr Oo— Oolumbia Bk & S Oo 400,000 200,000 191,750 1,342,835 a 180,016 138,121 100 100 les 100 9,773,051 3,219,061 1,558,380 cent 100 17,944,376 9,859,713 o 145 100 10 270 95 7 280 100 10 50 10 1* 2 f Marine Midland Corp. June 30, 1938. a 115,000 300.000 Huguenot Tr Oo.. 0 646.000 New Rochelle Tr.. 01,600,000 — 173,415 214,106 N re sa 1,143,436 1,250,000 Canton— Westchester Co— shot 0. 100 0 1 20 20 "28" 10 1 31 3 20 20 25 6 March 31. c 1938. Sept. 28, 1938. ^ ^ -vr v * „ , Bank & Trust Co. of Rochester, N. Y., to call in of its $50 par 4% convertible preferred stock at $52 a share on'Feb. 1, 1939. 0 Common and preferred stock or debentures outstanding. d Lincoln-Alliance 10 000 shares , ? Controlled by Marine Retirement price. k First report. Midland Corp. I Last sale, n Member First Bank Stock Corp. 108 banks and trust National Bankt State ohio Sept. 28 naxal 2t*' pennsylvania sw",xtm' Sept. 30 Sept. 28 Surplus <fc Profits Capital Institutions companies Gross Deposits Par Capital Surplus & Profits $ Ask Bid $ Gross Deposits Bid Par Nomi nal. _ Cincinnati (Con.) Per "frit National Bank. 6,771,817 6,000.000 71,634,618 100 share. 148 143 N#rwood-Hyde Park d ' Lincoln Nat Bank.. Nerthslde Bk A Tr Co d People's Bk A Sv Oo d 600.000 204,680 500.000 1,147,686 231.000 / 189,430 600,000 1,800,000 1.000,000 500,000 Western Bk A Tr Oo <12.000,000 334,329 3,270.824 928,515 637,100 325,506 Oentral Trust Oo 5,158,228 9,432,204 2,316,995 3,037,859 44,946,414 15,697,840 7,239,838 11,397,908 66,698,112 2,226,243 Prov S Bk & Tr Oo Second Nat Bank So Ohio S Bk A Tr Oo 5,000,000 Fifth-Third-Union Tr ust 100 87 92 100 225 240 50 1,853,469 2,167,392 1,392,064 882,919 150,000 293,900 288,946 5,000,000 Capital debentures J3,339,431 91,349,284 2,300.000 250,000 263,390 249,300 424,526 4,090,857 270,274 2.645,685 300,000 371,600 Bank ofErie 200,000 First National Bank dl, 160,000 Lawrence Park N Bk 50,000 146,723 724,618 56,639 137,995 278,171 1,116,894 14,550,603 767,111 7,762,543 3,490,826 300,000 736,350 200,000 425,473 13,742,881 68.017 1,529,034 396,510 300,000 300,000 400,000 160,318 432,009 864,290 915,226 30,276 2.856,465 4,441,792 6,567,558 4,403,912 1,017,605 13,218.612 12,062,138 13,113,722 8,238,691 5,465,156 6,476,331 100 25 10 135 38 share. 150 42 65 50 Second Nat Bank.. Lehigh Vail Trust Oo 20 22 100 100 120 5,871,986 /100 120 140' 100 "25* "27" 10 100 145 155 100 10 125 100 83 150 7 85 100 104 6 Oo— Common Per 1,000,000 1,000,000 450,000 500,000 Allentewn Nat Bank Merchants Nat'l Bk. Bk A Tr Oo Ask Nomi nal. Allentown— 4,895,600 J100 Altoona— First Nat Bank— Oommon ... Preferred— tlOO Altoona Trust Oo— Oommon....... Preferred Oentral Trust Oo | 10 10 100 14 16 loo' 105" Cleveland— Amer Sav Bank Oo. d Oentral Nat Bk— Common........ Preferred Olev Sav A Loan Oo. Equity Sav & L'n Co Lorain Street Bank. National Olty Bank. North Amer Bk Oo. Cleveland Trust Oo Common 100 220 5,000,000 11,426,762 121,788,527 r 20 7,840,000 I 16 250.000 598.354 2,043,068 100 400,000 I 770,745 100 7,558,961 d 484,000 155,081 60 4,571.613 09,000,000 4,513,259 148,002,953 20 d 190,000 ! 54,127 100 573,552 13,800,000 14,718,412 334.995,097 13,936.500 d5,000,000 2,953,491 21,054,608 L O*., 900.000 /; 368,109 2,805,653 7 a24 ! Marine Nat Bank dl ,282,000 Nat Bk A Trust Co. 300,000 Oommon.. Preferred "21* "23* Union Bank (The).. 100 77 25 30 100 2,980,141 27,019,155 1,710,525 2,584,590 53,109,417 3,838,476 1,435,588 69.121.445 10 100 Fulton Nat Bank... Lancaster Oo Nat Bk d Farmers' BkATr Oo 20 c 258,469 6,705,863 {100 610,989 14,118,235 "25 | 697,350 800,000 "25" 1,00*0,974 Spitzer-R T A S Bk. d 400,000 : 344,147 Ohio Citizens Tr Co. d 600,000 763,453 Toledo Trust Co.. 5,000,000 2,763,918 . i . , . 807,835 1,079,943 417,265 10,979,917 20 20 8,724,200 50 427,567 6,301,884 10 235,743 1,850,802 10 7,125,849 276,795 53,695,001 9,408,688 50 16 20 43 * 300,000 180,900 300.000 95 ■ 331! 50 40 45 20 "30" 50 48 35" 50 ' Toungstown— Dollar Sav A Tr Oo— Common 1.250,000 Capital notes 2.000,000 Mahoning Nat Bank dl ,623.000 Union Nat Bank.. 1,250.000 Ctfs of li 553,266 12,759,513 426,720 1,951,406 12,783,765 17.865,928 50 10 25 {. "12" 12 Oentral-Penn Nat Bk 3,040.000 City National Bank. dl,100.700 120" 110 100 Ownership Trust Fund C-2 City Tr A Sav Bk— 15 Glmbel Bros Bk A Tr 200.000 Kensington Nat Bk. dl,129,766 Market St Nat Bk._ 1,000,000 NatBkofGer ATr Oo 400,000 Nat'l Bk of Olney— Common.. 105,000 Preferred North Broad Nat'l Bk Northeast Nat Bank 76,420 r 152,740 25 5.681,867 Sept. 28 25 Second Nat Bank— Common Preferred 500.000 4* 650,000 South Phila Nat BkOommon oklahoma State Tioga Nat Bk A TrOo Tradesmen'sNational Institutions Sept. 28 Nomi nal. Quthrie— Per First National Bank. First State Bank 100,000 75.000 176,199 2,139^92 1,288,111 100 MoAlester— Nat Bk of McAlester First Nat Bk of McA 100,000 236,989 254,350 2,606,932 2,310,099 25 share. 100 95,934 N o cent sa les 100 Muskogi Citizens National Bk Commercial Nat Bk_ First Nat Bk & Tr Oo Oklahoma City— City Nat'l BkATr Oo First Nat Bk A Tr Oo 100,000 300.000 400,000 170,320 516,828 424,562 200.000 281,532 3.606,884 5,000,000 Fidelity Nat Bank.. d 450,000 Liberty Nat Bank.. dl,200,000 Oklahoma Nat Bank. 100.000 50.000 269.276 916,949 48,113 417,741 29,556 2,000.000 Tradesmen's Nat Bk 500.000 Stock Yards Bank Tulsa— First Nat BkATr Oo Fourth Nat Bank— Common Preferred. ..... 100 100 100 125 125 100 5,715,439 54,221 J517 7,212,987 20,447.,793 1.490,226 16,947,447 125 150 150 185 100 150 10 50 23 27 50 175 100 75 225 100 100 100 125 160 981,627 100 125 100 125 2,364,981 125,000 I 175,000 350,000 Nat Bk of Oom'erce. d Nat Bank of Tulsa— Oommon 2,375.000 Preferred 1.375,000 West Tulsa State Bk 25,000 2,529,464 3,626,034 5,112,751 51,548,822 20 28 30 287,050 5,638,987 / 20 25 \ 4,788,657 65,776,464 15" 20 12,769,539 200,000 1 100,000 405.336 d [ 10 1st preferred 2d preferred. Land Title Bk A TOo Oommon Penn Oo for Insur od Lives A Grant Ann Tr A Safe Dep Oo. Penn W'h'g A S D Oo Security Bk A Tr Oo. A Tr Oo 28 14,417 358,266 100 "24"" "27" 50 267 46 10 io| 4* 49 5* alO 10 10 50 "4s 25 ' 277 14 68 15 a25 25 '1O6* 107* 20 24 50 7* 8* 7 I 10 9 I 10 3.257.765 J 20 I 30 25 2,733,255 "4* "e" 124 127 15 100 3Io*o 19 20 95 7 8 50 12 16 100 8 100 100 273 148 15 280 10 44 10 15 46 16 10 58* 59* 10 10 1 * 156 11 ,2* alO 34,804,886 "4" 5 33.721.495 2* 7 3* 10 50 "2l" 50 9,420,018 6,697,034 19,112,628 12,440,079 7,189.282 19 10 8* 10 100 100 50 10 50 9* 495 510 92 100 50 8,400,000 18,739,249 229,181,819 750,000 1,154,589 848,455 3,200,000 14,035,682 46,920,429 1,500,000 2,405,970 10,335.514 300,000 227,758 3.213,826 1125,000 34,938 870,568 27" 24 97 29* ■ 30* 54 59 345 354 34 32 5* 20 ;■ 365* Pittsburgh— Ho" 200,000 236,176 267,455 113,543 913,561 100.000 200,000 500.000 50 40 50 2,982,793 1,340.375 665,341 11,087,584 25 10 2 100 100 Sale price. Preferred oregon Slate Institutions stock retirement price. I Member of the BancOhio Corp. d Oommon and preferred stock or debentures outstanding. c Sept. 28 e Nomi nal. Per share. 200,000 364,196 7,177,806 100 Par value of the Toledo, Ohio, changed / Dec. 31.1937. capital stock of the Commerce-Guardian Bank of on Oct. 1, 1938, from 825 par to $33 1-3 par, a share. g On Nov. 26, 1938, stockholders of the National City Bank of Cleveland, an increase in capital from $7,500,000 to $9,000,000 by 75,000 additional shares of stock at $20 a share. Stock¬ holders have the privilege of purchasing new stock in the ratio of one new share for every five shares held prior to the above action. h Preferred stock retired. i June 30, 1938. Ohio, approved Portland- the issuance of First National Bank. 3,000,000 300,000 5,693,512 102,850,890 510,040 4,233.605 100 Portland Tr A Sav Bk United States Nat'l Bank 4,500,000 5,776,539 115,885,042 20 36 275 6 March 7, 1938. Eugene— Bank foH 270 31* 1 20 a National 1.677.405 . * First 61,992 3,750.000 16,667,848 7,350,000 1,000,000 1,240,121 1,500,000 1,192,278 Ninth Bank A Tr Oo d2,221,990 770,712 Northern Trust Go__ 500,000 2,865,476 Nor Phila Trust Oo. 500,000 1,356,602 Bk. Sept. 28 150,704 Preferred Liberty Title A Tr Oo Mitten Bk A Tr Oo Sonsitaly Bk 25 2,000,000 3.000.000 Bank of Ohio Valley] Braddock Nat Bank. National Banks j 676,466 7,885,916 30* 100 1,947,724 3,479,303 Bank A Trust Oo. 3,300.000 4,708,668 40,345,726 Wyoming Bk A Tr.. d 300,000 91,262 2.766,051 Banca Oom It Tr Oo. 1.000,000 352,236 1,707,672 Broad Street Trust.. 400,000 505,079 1,892,593 Chestnut Hill T A Tr 250.000 133,501 1,446,333 Citizens & So B A Tr 125,000 16,859 529,231 Fidellty-Phila Tr Oo 6.700,00<i 17,179,974 110,719,870 Finance Oo of Pa 2,320,000 8,995,339 1,095,298 Frankford Trust Oo. 500.00U 1,406,982 10,846,245 German town Tr Oo. 1,400.000 2,700,149 20,191,586 Glrard Trust Oo 4.000.000 10,992,061 106,244.975 Industrial Trust Oo. dl.132,250 1,150,263 11.261,810 Integrity Trust Oo— Oommon 995.973 Provident Trust.. Real Est Tr Oo 20 62,593 13 j'5* 00 100 .. re 100.000 i Z45 100 275,000 1 149,151 3,138,986 Preferred 225,000 I Philadelphia Nat Bk 14,000,000 25,715,108 390,336,958 Roosevelt Bank d 269,818 135,001 2,450,467 Preferred National Banks /55. 100 10 1,971,261 186,081 205,981 , 95,000 250,000 200,000 ..... 750,000 1.243.700 10,674,500 9,204,481 104,227,515 175,563 3,797,583 5,446,952 87,615,292 90,343 2,769,925 287,708 9,300,509 4,378,746 32,235,617 2,051,588 13,503,123 Northw'n Nat Bk— Common Beneficial Common Capital notes 100 10 Corn Exch Nat Bank A Trust Oo 4.550.000 Erie National Bank. d 460.000 First National Bank. 3,111.000 . 16,218,580 2,450,083 11,803,021 88,255,200 , ... „ 65 16 1420 100 275 50 50 1,284,581 1,448,926 Philadelphia— 90 .. Toledo— Commerce-Guard Bk el ,000,000 12 100 31,509,083 1100 v I 60 Vi; 10 11 80 10 400,000 600,000 625.000 Lanoaster— Oonestoga Nat Bk.. 100 Preferred ...... 8 10 25 400.000 Oommon Preferred a50 50 100 Northern Bk A Tr Oo Third N B A Tr Oo— d Winters N B & Tr Co Oommon 1,500,000 50 C— Dayton— i f 50 125,000 400,000 Dauphin Dep Tr Oo. Harrisburg Trust Oo Merch N B & T Oo— 200,000 295.000 842.000 15 Harrisburg— Allison-East End Tr. Capital Bk A Tr Oo Harrisburg Nat Bank 100 Columbus— Common Preferred 66*3 83 100 Oentral Trust Oo Citizens Trust Co Brunson Bk A Tr Oo 250,000 / 67,634 City Nat Bk & Tr Oo dl ,600.000 1,749,294 Columbus Saving Bk d 80,000 i 130,326 Fifth Ave Sav Bk Oo c 200.000 139,075 Huntington Nat Bk. d3,500.000 2,364,721 Market Exch Bk Oo. 200,000 i 208,034 Northern Sav Bk... d 125.000 68,041 Ohio National Bk c4.000.000 3,243,065 10 100 100 Security-Peoples Tr- Capital notes Union Bk of Oomm Union Sav A 260 5* 100 172 85 33* 185 90 35 I Last sale. x Ex-dividend. s y New stock. Ex-rights. trust and banks Dec., 1938] 109 companies i ntt,tstt'.tk' south carolina ■ Surplus & Gross Profits Deposits Capital Per $ (Concluded.) 5,070,967 53,652,726 6.000,000 10,594,708 87,925,569 6.000.000 6,354,625 100.527.173 Farmers Deposit Nat First National Bank _ Forbes National Bk_ Fourteenth St Bank. Bank Hazelwood Bk (The) Hill Tod Bank...... Bank Pittsburgh Homewood 100 155 417,036 536,175 255,892 974,778 198,178 474,489 5,220,638 9,160,620 3,278.271 100 648,480 50 1,246,299 2,312,498 10 ""s" 50 70 138,979 472,197 1,589,117 4,410,565 100 50 200,000 125,000 7.600.000 Common...... Preferred 50 50 20 100 125 Common........ Preferred. Nor Side Deposit Bk Pitt National Bank. Polithania State Bk. Bank Union National Bank Union Savings Bank. Western s & d Bank 310,745 , 3,849,900 j 50 \ 50 250,000 200.000 Allegheny Trust Co. Co. Fidelity Trust Co Manchester Savings «50 61,539 1,827,603 25 164,354 670,749 118,997 168,537 1,696,549 11,036,300 927,452 1,240,898 40 60 3,982,837 5,717,939 100 155 100 50 20 54 55 10 24% 25% 160,000 40.000 71,853 2,494,129 r 20 385.000 250,000 184,722 224,681 114,957 55,166 Tr Co. Potter Title a Tr Co Provident Trust Co. South Hills Trust Co Union Trust Co Washington Tr Co. West End Bank William Ponn Tr Co 383,415 , 551,000 873,895 2,051,959 2,468,713 150,871 1,269,885 ... 100 100 100 80 90 Sioux Falls— Nomi nal. Per share. __ I A Tr. Dak... Northw'tSecurNatBk I Union Savings Bank. First Nat'l Bk 65 55 Nat Bk of So 50 156" 100 50 85 26% 1,063.649 400,000 5 651,780 1,269,479 456,002 2,555,421 201,724 5.935,787 150,083 346,978 54,644 200.000 4,050,000 Bank.. 200,000 North Scrant Bk a Tr 300,000 300.000 100 8 85 70 100 5700 95 100 10 National Banks Sept. 28 t 134,761 200,000 100,000 400,000 Commo Preferred South Side Bk a Tr Third Nat b a t Co- 744,641 j}' 1,000,000 100.000,, 835,896 250.000 567,643 150,000 184.375 85,504 West Side Bank... 50 33 36"" 50 First National Bank Hanover National Bk ( 50 75 Common 325.000 I — 5 750,000 ...... First National Bank. Indus nb West ny Western Nat Bank.. York Co Nat Bank.. York n Bk a Tr Co. Guardian Trust Co.. York Trust Co. 38,815,999 26,139,758 1,328,438 100 100 280 220 230 100 220 250 4,684,192 64,720,061 10 27 28 52,402.835 / 10 16 16% 630,201 1.072.985 5.408,676 20,413,664 State Savings Bank. 50 40 4,970.692 25 60" 16,207,088 Union Planters' Nat 1 Bank A Trust Co. 3,500,000 Nat Bk of Commerce 1.908,741 '65"" 43 2.835,590 25 25 25 25 Common a 3% Broadway Nat Bank Commerce-Union Bk Nashville Trust Co— 500.000 lal 113242 Common 100 190 30 45 95 100 335 620.544 725.535 25 22 50 88 98 345 23 92 205,925 384,284 504,417 2,406,766 4,605,190 5,094,500 10 250,000 in 186,390 190,000 343.527 150.000 31,145 100.000 598,116 500.000 198,596 125.000 512.585 225,000 895,553 300,000 517,845 500,000 820,484 500.000 760.000 1.227.974 1,133,300 1,000,000 10 30 23 7% 20 25 10 National Banks Sept. 28 20 1.354.405 2,037,222 f l 3,208,395 673,499 7.982,526 1,668,162 4,246,621 6,064,728 4,607,764 4,195,807 7,537.344 5 10 20 "15" 70 16 10 15 100 20 25 25 192 10 i 676.750 55 Secur St Bk Bank. A Trust I 34 61,143 496,645 6,314,995 652,045 2,841,076 J 25 16 144,516 4,028,605 25 400,000 400,000 200,000 564,773 877,979 92,302 9,699.536 12,615.456 2,256.857 Preferred Union Trust Co no l 88.640 1,755.028 226,802 1,599,481 50 350,000 150.000 850.000 450.000 | 218,246 4,997,505 j25 1.500,000 4,000.000 125,000 2,500.000 5,000,000 1,000,000 110 6,502,390 116,880,851 1,608,493 62,561 20 — .— Nat Bank of Comm. <25" 8,000.000 25.000 150 78 i i ii • i t i i i 10 Dallas Nat Bank... Common Capital notes Texas Bank A Tr Co: Capital notes 150,000 I 82,700 176,286 1,200,000 11,118,794 800.000 4,000,000 4.156,742 388,118 150,000 1.000,000 889,581 4,620,298 17 100 71.608.712 6.194,268 23,036.388 100,000 53,600 | 104,512 125,000 1 75,000 75,658 2,393,687 les 50 51 195 205 CO mrnmmmrn 20 50 100 20 210 |100 2,266,939 f 20 m 22 * Sale 45H 38 mm mmm 51 215 46H 100 31 32 mill' price. f Citizens A Southern Bank of Savannah, June 30,1938. Ga„ system. a of First Security Corp. . C Liberty State Bank of Dallas, Texas, voted on Nov. 9, 1938, to recom¬ mend an increase of $125,000 in capital subject to approval of the stock¬ holders on Jan. 10, next. 4 A mutual savings bank. < Preferred stock retirement price, f Member of the Northwest Bancorporation. a Affiliated with the Citizens A Southern Nat. Bank of Atlanta, Ga. b Member "75" 305" 175 2150" —mmmm i Common and preferred stock outstanding. owned by the Rhode Island Hospital Trust Co. I Last sale, 100 jlOO 28.586,383 f 20 12 <10 (25 3,182,798 sa ..... "125" 65 50 8,053,301 886,917 125 50 3,232,549 951,805 2,531,995 11,640,846 100 285 10,526.962 113.496.576 100 160 33 25 1,620,939 178,442 2,959,415 47.130,187 *100 1000 1950 a!2167,757 41,628,396 1,539,415 24.631.724 100 135 158,297 0 rec ent 100 Oak Cliff Bk A Tr Co: k Stock ail 445,000 N 100 100 Bank: RepubllcNat Bank.. share. Woo n socket— Woonsocket Trust Co <100 100 Celumbus Nat Bank: 107,100 92,900 120,000 100 3.214.936 /100 1100 >, Providence— 1,154,758 100 Dallas— 35 h 100 13,738.791 15,064,233 59 15% Per 262.567 Sept. 28 25% 57 Common. NatBank of OomATr Phenix Nat Bank... Providence Nat Bank Industrial Trust Co. Lincoln Trust co— Rhode i Hos Nat Bk. Rhode Isld Hos TrCo 110 260 1 State Institutions Beaumont— First National Nomi nal. Newport— Aquidneck Nat Bank Common....... ft 245 * 125.000 75,000 American Nat Bank. 17 195 57 Preferred.. High St Bk a Tr Co Mechanics Nat Bank "19" "20" 22 Common Preferred 10 9,615,725 (100 1100 26,667,130 100 Nomi nal. Per share. 450,794 652,431 800.000 Capital Nat Bank— Capital stock Preferred stock— 10 100 10 TEXAS Mercantile Nat Bk— Common......... 20 Austin- Capital notes. 500.000 295 48 50 Common. Blackstone Can Nat_ mmm 200 9,196.784 1,290.289 23,113,355 15,132.987 4.592,168 7,722,240 1,459,761 158,009 6,021,258 2,777,729 Liberty State Newport Nat Bank. Newport Trust Oo_. mm (100 Preferred 72"" Hillcrest State Bank. Preferred 9 240 American Nat Bank 46 Preferred 400,000 210.000 120,000 300.000 8 230 Nashville— First National Bank. Common......— 145 1,681,822 2,234,650 87,123 20 50 First National Bank. 32 American Nat Bank. Austin Nat Bank—. Drov a Mech n Bk. Eastern Nat Bank.. 155 '130"" 135" 135 1,000,000 1,000,000 50.000 80 "28" YorkCent Nat Bk a Tr Co Common..... Preferred 100 1,613,871 100 2,644,569 6.25 100 24,619,469 11,482,060 100 49,765 128,655 a Memphis— 40 18 50 25 250,000 250,000 225.000 150 10,024,847 rioo 40,824,975 ? 28 25 Third National Bank 200.000 2,500,000 1.000.000 500.000 500.000 111 1,240,998 556,007 Comm'l Bk A Tr Co. 50 75 190 3.000.000 \1,454,966 *17 HamiltonNationalBk Park National Bank. 2,414,229 100 (100 50.000 200.000 925,000 Bank of Knoxville..,. 10 15 11,486,478 Knoxville— 7 6% *11% 25 415,641 1,289,036 (2,740,000 10 1,301,797 61,139,115 1,317.972 2,840,378 988,195 Sept. 28 *5% 10 6,171,243 21,540,333 4,015.204 15,952,906 State Institutions 325.000 Preferred Wllliamsport— West Branch Bk a Tr cent Per 1.039,411 625,000 Commercial Nat Bk: 9,656,727 Wilkes-Barre— Wllliamsport n Bk.. 0 les Nomi Chattanooga— Amer Tr A Bkg Co— 6% Penna Trust CoCommon....... Preferred tennessee 6000 Scranton Nat bk— Bank N re sa 27% 5 100 floranton— b. Scranton State Bk Wyoming Nat Bank. 800.000 150.000 4,848.947 100 3,313,725 plOO 8,661,624 /100 1.354,646 100 25 20 300,000 1,170.300 Second Nat Bank.. 25 [20 90 80 2,476.328 250,000 1,000,000 1300,000 w-b Dep a Sav Bk. 10 15 6.000.000 11,065,763 96,007,962 6,700,160 i 416,162 875,000 1,631,676 291,203 150,000 1,872,204 382,876 125.000 1,500,000 95,703,872 241,225,387 6,128,705 500,000 1302.426 1,740,809 186,908 200,000 107,000 2(055.000 i 175,000 •City Bank a Tr Co.. Beading Trust Co.. ... 9% 165" Beading— Preferred 10 25 62 80 Berks Co Trust Co.. .... 7% 6 65 50 50 Hamilton Nat Bank. Bank 100 <25 55 25 Bank a Trust Co First National Bank 32,195.317 ;ioo 1100 Spartanburg— Com'l Nat Bank— Common....... Preferred. 10 25 Worklngman's Savgs •Union National Bank 95 36 125,000 1,320.000 2.000.000 10.764,375 29,678,379 34,185,013 3,676,816 6,225,082 30,370,056 19,533,068 2,561 ,ol3 151,365 22.095.353 Bank a Trust Co Poople's-Pittsburgh First National 5,688,915 3.967,381 100 Greenville— 100 141,625 108,375 200,000 700,000 200,000 50,000 2,000,000 1.000.000 i 495,000 700,000 Farmers Deposit Tr. Miners Nat Bank 559,383 533,502 95 65 60 !5,125,195 298,092,358 Colonial Trust Co (3.742,300 Oom'wealth Trust Co 1.500,000 Common 4,643,553 1,364,434 Bank First National Bank. Nat Bank of America Providence 146,477 236.118 First Nat Bk of ColLower Main St Peoples Nat Bank— Mellon Nat Bank Green Ridge 200.000 35.000 .- 100 Columbia— Keystone Nat bk Dormont sat 960,977 200,000 50,000 q 5 at Iron a Glass Dol Say 15% 15.972.870 5,521,459 452,477 700,000 0 Common Preferred- share. 14% 10 654,327 265,527 44.043 1,100,000 1,200,000 Bank Carolina Sav Bank.. Miners a Merch Bk. South Caro Nat bk— 165 Per $ Charleston— 175 100 100,000 172,700 _ share. "17b" 205" 100 Ask Bid Par Deposits Nomi nal. Citizens a Sou 300,000 600.000 616,500 200,000 200,000 200.000 First Nat Bank & Tr Co of East Pitta Sheraden Gross Surplus & Profits Nomi nal. Pittsburgh Dollar Sayings Bank d Freehold Capital Ask Bid Par (100 n March 7,1938. p Affiliate of the % Ex-dividend. First Bank Stock Corporation. 110 BANKS National Banks National Banks Gross Par Deposits Bid Ask $ 9,231,701 19,771.029 100 First National Bank. 100 1.500.000 14.121,485 34.296,163 60 20 65 38 70 41 42.031,007 ( 20 I 20 10 390.249 1,206,795 100 41 43 100 125 Ft Worth Nat Bank: 1.500.000 12,361,421 900.000 9.532 15.420 l 225,000 92,154 Common........ Preferred Fraternal Bk A Tr Co Union Bank A Tr Co 389,661 200,000 200.000 368.804 15,510,035 4.628,224 Loan Bank Merch A Planters Bk / 100 100 451,898 9,887,565 N 0:yh cent 100 866,506 10,486,413 50 sa les 213,774 100 110 11,894,796 J 20 1100 30 49,955.408 J100 160 5,252,097 City National Bank: 500,000 100.000 | 298,170 3.000.000 1.740.000 |1,834,357 Preferred—..... First Nat BankCommon.......- Preferred .......- Houston Nat Bk— o 632,500 I 367,500 Common Preferred 1,000,000 Second Nat'l Bank.. Nat Bank of Comm. a2,875.000 State National Bank ol,000,000 Union National Bank South Texas Com¬ mercial Nat Bank. 345,445 1.663.152 4,304.445 321,352 1,424,444 1,000,000 1.500,000 2,073,139 200,000 261,008 600,000 1.019.153 Houston Land 9c Tr. al .500.000 490,540 Ban Jacinto Nat BkOommon 342,000 I 111,894 . 90 13,450,668 /100 1125 27,875,625 100 40,528,452 9,043,831 29,332,342 100 100 340 100 190 100 150 60 1 120 100 / 145 131,785 250,000 2.500.000 1,500,000 a 157,800 200,000 276.000 259,088 5 650,930 3,151.742 5 100 513,529 860,062 1,140,854 v 74,504 3,584.905 32,946,816 17.624,182 100 1,751.658 100 184,603 86,242 2,794,411 2,669,759 10 195,298 93,369 272,181 6,141,355 1,167,189 2.930,792 965,766 970,043 68,335 3,467,444 139,035 9,507,045 18,339,913 780,621 71,749,221 2,045,372 v . PortsmouthAmerican Nat Bank. Citlsens Trust Co. Merch A Farmers Bk a a 500.000 a 250,000 449,000 v 41,302,811 100 290 102,048 6,749,086 5.156,660 100 100 "145' 100 310 1,250,000 11,225,933 1.750,000 400,441 200,000 180,860 Southern Bk A Tr Co 200,000 v al ,000.000 995,061 Virginia Trust Co Preferred Say Bank A Tr Co.. 85"" 70 6,193,917 (100 90 600.000 1,000,000 80,000 3.000,000 200,000 Central National Bk. Oonsol Bk A Tr Co.. First A Mer Nat Bk. Mech A Mer Bank.. State-Planters Bank A Trust Co: Common 200 —1—1 I 6ft I OH 353 ft 100 240 117 25 33 fa 34ft 10 7ft 10 N mmmrnrn 50 100 re cent 100 sa 0 les 574,189 309,127 5,030,290 4.137,796 100 34 27 20 20 38 10 20 ""49" "50" 100 52,499.438 /If a 1100 25 3,474,648 15 3,275,028 5,483,477 50 18 17ft 11* mmmmm mmmrnrn" 70 Roanoke— Oolonial-Amer Nat B 100 1100 100.000 200,000 4,009,499 4,225,330 100,000 300,000 Bank of Comm A Tr 230" 308.000 Port Arthur— First National Bank. Merchants Nat'l Bk. 519,365 375,989 share. Richmond— . Preferred— 33 dioo" U00 Fidelity Trust Co— Guardian Trust Co P<Sri 153 $ PetersburgCitizens Nat Bank Petersb Sav A AmTr Houston- 250,000 100 81,296 105,867 479,845 a Oom'l Tr A Savs Bk: Lvnchburg Tr A 8 B re 750,000 500.000 7,795,196 600,000 500,000 People's Nat Bank.. Depositors Industrial Seaboard Citz N Bk_ Common Ask Norfolk— Galveston— Citlsens State Bank. a Bid $ 582,991 $ Nat Bk of Commerce City National Bank. First National Bank. Hutchings-Sealy National Bank— U S National Bank.. Par 1,000,000 Lynohburg— A Trust Co 750.000 a Gross Deposits Lynchburg Nat Bank Fort Worth— Continental Nat Bk. First National Bank: Institutions Sept. 28 Nomi nal. 563,448 1.068.184 300,000 300.000 Surplus A Profits Capital Nomi nal. Per share. State VIRGINIA Sept. 28 444,768 1,407,781 El Paso— El Paso Nat Bank-. State National Bank COMPANIES Sept. 28 Surplus A Profits Capital TEUST State Institutions TEXAS Sept. 28 AND 378,465 1,606.942 398,197 500.000 1.000.000 800.000 First Nat Exch Bank Mountain Trust Bk. 50 5,901,867 25,357.556 5,045.848 100 ------ 70 225 100 90 625 100 Ban AntonioAlamo National Bk: Common. 500,000 912.500 ; Common 200,000 1 Preferred 92,800 1.200,000 Preferred Bexar Co Nat Bank- Frost National Bank 821,348 18,589,252 J100 1100 148,839 2,523.146 1,281,018 36,770,226 100 114,889 5,260,193 22,338,894 40 I 60 350.000 Preferred.. 1 120.000 — National Bank ofFort Sam Houston Ban Antonio Nat Bk South Texas Nat Bk- 100.000 91,051 127,618 400,000 1,568,715 4,548,135 100 230 National City Bank. 325,588 3,789,859 155 250 185 366,982 487,525 91,308 7,921,601 9,992,529 808,567 100 50 100 50 Seattlen Seattle—First Nat Bk Nat Bk of Commerce Pacific Nat Bank... Sumitomo B of Seattle University Nat Bank Seattle Tr A 8avs Bk 175 185 70 80 First Nat Bk in Old N B A Un T Co. Common a 113,604 1,358.571 a Utah State Nat Bank a 900,000 750,000 750.000 a 901,348 1,000,000 rl .070,665 300,000 251,498 Eton's Say Bk 9c Tr Utah Sav & Trust Co Walker Bk A Tr Co: Common 374,798 1,245,351 M 1,500,000 1 6,190,506 18,007,529 679.974 11,642,836 15,964,985 15,253,090 14,479,963 3,057,081 26,329,759 350.000 Capital notes 145"" 31 "62"" 100 5,586,441 40 45 19.930,274 1100 (1.25 J 671,908 200,000 642,851 7,706,276 100 al,415.000 956,401 258,528 20.267,722 5,545,625 100 25 1.40 760.000 \100 130 140 18 16 Sept. 28 WEST VIRGINIA 100 100 100 100 100 100 100 J100 Nomi nal. Per share. Charleston- Bait Lake City— Oonti Nat BlcATr Co First National Bank 156,695 450,000 Preferred Washington Trust Co Nomi nal. Per share. 525,000 First Security Bk NA al,000.000 a share. 32 State Institutions UTAH Ogden— Commercial Sec Bk. 500,000 550,000 a Sept. 28 Per 31 8,000,000 '5,407,999 139,486,404 i 20 2,500,000 3,851,400 71,005,817 c 25 100 "140" 2.600*000 1,273,963 20,697,671 837.460 24,778,185 20 r 29 1,350.000 100 200,000 w 110,589 2,390,206 20 "24" 400.000 ^455,211 5,944,500 50 58 650,038 550,000 7,546,773 Peoples N B of Wash. Tacoma— Nat Bank of Wash National Banks Institutions Sept. 28 Spokane— 100 250,000 890.000 100.000 Waco— Oitisens' Nat Bank.. First National Bank. 99 dlOO 200" 100 300.000 Oommon 92 1100 100 State Nomi nal. d50 '200" Groos Nat BankCommon WASHINGTON 45 \ 50 Nat Bank ol Comm. al .000.000 National Banks 145 Sept. 28 J100 1,039,798 125 60 75 175 163 174 183 180 118 125 190 97ft 103 Charleston Nat Bk: Common 1,062,500 550,000 J2,225,510 500.000 25,000 } 358,610 1,000,000 Preferred KanawhaBkgATr Co _ 19,773,252 f 1,387,352 Common Capital notes Kanawha Valley Bk. Nat Bank of Comm. Central Trust Co... 25 1 40 N 200.000 500,000 5,093,160 (100 re cent 19,156,353 93,022 2,811,438 632,335 311,431 s l56 sa les 0 100 100 $ Hunting tonFirst Hunt g Nat Bk Twentieth St BankNational Banks Sept. 28 Barre— VERMONT Slate Institutions _ 210,000 People's Nat Bank.. Quarry S Bk A Tr Co 200,000 204.500 500,209 246,661 153,652 Center Wheeling Sav Citlsens Mutual Tr 3,608,580 2.667.138 1,921,880 100 6,309,812 6,786,548 730,774 3,194,069 100 100 82,192 391,745 v 40 re a 491.500 600,000 sa les 228,514 2,508,029 Montpelier— Capital 8 B A Tr Co a 75 100 Preferred... Montpelier Nat Bank Montp'r S B A Tr Co Half Dollar Trust A Sav Bank a Nat Bank ofWVa.. Nat Exchange Bank. i So Side Bk A Tr Co. 496.863 Security Trust Co.. Wheeling Dollar Savs N o A Trust Co uv 150,000 180,000 100,000 614,951 Klllington Nat Bank Rutland Co Nat Bk: Common Preferred..— Rutland Trust Co— 107,414 1,120,447 100 529,155 4.906,746 100 85,413 150,000 100,000 2,739,729 flOO 2,691,173 18,086,063 _____ 80 90 1,800,000 108,151 224,303 1,935,749 1,395,857 U00 20 297,429 138.225 2.866,330 1,037,810 100 100 90 95 155 100 275 305 100 120 125 Sale price. Common and preferred stock or debentures outstanding. e 25 30 153.529 151,595 Bancorporation. price. Member of the Northwest Bancorporation. /March 7. 1938. 10 2.996.633 J100 1100 2,046,621 100 Member of the Marine d Preferred stock retirement 100 100 "80" 100 ft Member of First Security Corp. N o re 100,000 125.000 a253.500 J?* 65 25 594,108 616,838 160,379 752,003 1,643.331 4,835,581 5,080,881 1,113.654 4,994,591 449.605 / 500.000 500,000 100.000 300.000 * 207,955 v 16 50 t Stock of South Texas National Bank of San Antonio, Texas, all hold by Central Securities Co. with exception of directors' qualifying shares. e RutlandClement Nat Bank— 150.000 a 407,500 First National Bank: Common.. 12& 600.000 a Co 100 683,011 SewardNatBkATrCe Merchants Net Bank 160,000 Burlington Trust Co. al.085.961 16,282.019 867,332 cent 100 100 100 Burlington— Chittenden Co Trust 1,249,155 35,387 al22,000 Wheeling— Sept. 28 Nomi nal. Per share. Granite 8 B A Tr Co 1,000,000 cent sa les Q Dec. 31. 1937. 4 Member First National Corp. I Last sale. n Preferred stock retired. o Controlled by the Joseph F. Meyer interests, r Member s People's Corp. Trust funds. t All stock held u v x by Old National Corp. Reserves. June 30, 1938. Ex-dividend. , National Banki State Institutions WISCONSIN Sept. 28 Capital Surplus & Profits Batavian Nat Bank. 245,053 45.317 348.503 107,756 O175.000 Exchange State Bank Nat Bk ot La Orosse. State Bk of La Orosse Sept. 28 400,000 100.000 Canadian Bank Statements Returns Cross are all of Sept. 30,1938. Prices are per cent. not per Nomi nal. Per share. 25 20 20 4.672,958 1,241,976 100 5,724.169 elOO 2,815,314 100 N o re cent sa les NOVA SCOTIA Surplus & Milwaukee— Gross Profits Deposits Capital Amer State Bank Olty Bank & Tr Co.. 20 19 22 100 2,131,268 3,304,110 135.478 155.204 200.000 350.000 40 60 First Wise Nat'l Bk— Common......... Preferred Home Savings Bank. Ki!bourn State Bk_. share. Ask Bid Par Deposits $ $ 500.000 La Crosse— 111 TEUST COMPANIES AND BANKS DEC., 1938] 6,000.000 17.647,525 196,717,294 8.000,000 2.045.371 162,368 o350,000 1.592.834 69.674 a 130.700 Bank of Nova Scotia 12,000.000 24.000.000 5M 20 20 300 100 251,757,889 Ask cent. 305 5H "id" (.1. Per S Halifax- Bid Par 18"" Lincoln State Bank: 1,186,346 100 33.871,973 20 36 39 Toronto6,000,000 9.000.000 119,152,550 Bank of Toronto Can Bank of Comm. 30.000,000 20,000.000 541,298.204 1.954,145 300.000 2.200.000 Income debentures Marshall & Ilsley Bk 02.970.000 690.000 Mitchell St State Bk Northern Bank..... 150.000 44,751,436 2,022,886 2,147,297 1,841,982 20 19M 21 J* Dominion State Bank of Mllw 24.456 34,065 114,657 539,500 Park Savings Bank.. 650.000 466,700 400,000 300,000 i TeutonlaAveStateBk West 62,525 2,355,746 100.000 I Common Marine Nat Exch Bk Side Bank Wisconsin State Bk. First Wise Trust Co. 1,000.000 c 100 loo 1,994.609 1,956.896 4,540,672 62,707 94,278 882,665 306,694 4,046.110 4,501.913 647.512 7,000,000 7.000.000 Bank Imperial Bank of Can "45" 20 20 5M Per .cent. i 7.000,000 119,306,792 8,000,000 130,949,907 236 100 100 100 '172 100 55 6* 6 200 34 150 100 20 32 100 Per Montreal— Bank of Montreal Banque Canadlenne. Barclays Bk (Canada) Provincial Bk of Can Royal Bk of Canada. * National Banks c e Per Cheyenne— American Nat Bank. 5,537,365 7,463.118 323,540 289,231 250,000 300.000 share. 100 100 Bid. 100 100 3s Atlanta Atlantic 3s ... Burlington 5s 4Ms . Central Illinois 5s ..... Cnicago 4Mb and 4Mb 5s and 5 Dallas Ms. 3s / / / / / 30 30 31 4M 4M 101M ... Denver 3s ..... First Carolines 5s ... First of Fort Wayne 4 Ms First of Montgomery 3Ms — 100 98 100 98 M 101M 101M June 30, 1938. , 35 35 33 5M 5M 102 M 101 100 102 100 93 101 100 101 101M St Louis 100M 102 San Antonio 3s 5s 5 Ms 102 Denver 43 100 101 First Carolines 100 101 Freemont.. 105 M 107M 108M Lincoln 107 New York .100 10 100 101 North 31 ....... Dallas 33 Carolina...... Pennsylvania .100 .100 .100 20 / Flat price. 100 Southwest 5s 70 73 81 Southern Minnesota 5s 11 x ...... • Ac., required by the Acts of Congress 1912, and March 3, 1933, of the Bank & Quotation Record, published monthly at New York, N. Y., for October 1, 1938. August 24, Before me. a notary public, in appeared Herbert D. Selbert, who and says that he is the editor of the Bank & Quotation Record and that the following is, to the best of his knowledge and belief, a true statement of the ownership, management, &o., of the aforesaid publication for the date shown In the above caption, required by the Act of August 24, 1912, as amended by the Aet of March 3,1933, embodied in Section 537, Postal Laws and Regulations, printed on the reverse of this form, to wit: having been duly sworn according to law, deposes (1) That the names and addresses of the publisher, editor, managing editor and are: Publisher, William B. Dana Company^ 25 Spruce Editor, Herbert D. Selbert, 25 Spruce St., St., New York, N. Y. New York, N. Y. St., New York, N. Y. Business Manager, William D. Riggs, 25 Spruce St., New York, N. Y. (2) That the owner Is (If owned by a corporation, its name and address must be stated, and also immediately thereunder the nanies and addresses of stockholders owning or holding 1% or more of the total amount of stock. If not owned by a corporation, the names and addresses of the Individual owners must be given. If Managing Editor, Herbert D. Selbert, 25 Spruoe ........ 35 107 40 .100 .100 .100 50 60 1 well as those of each 6M 2M 1M 3 4 .100 14 65 25"" 85 65" .100 60 Virginia......—..... Virginia-Carolina ...5 1.55 1.75 .100 75 85 \ other unincorporated concern, its name individual member, must be given): owned by a firm, oompany, or as and addres Owner, William B. Dana Company, 25 Spruce St., New York, N. Y. Stockholders: Estate of Jacob Selbert, 25 Spruce St., New York, N. Y. State of New York, County of New York, ss.: and for the State and County aforesaid, personally managers 12M Ex-dividend. ........... 45 102 San Antonio......... 82 101 Statement of the Ownership, Management, business Potomac 101 80 ...... 39 .100 100 Des Moines 46 77 100 Greensboro (N O) 3s 45 Atlantic............ 101 78 79 — .100 .100 89 101 99 4M> and 5s._ 100 —— Atlanta 100M Par 86 ... Ohio-Pennsylvania 5s ..... Oregon-Washington 5s Pacific Coast of Portland 6s. 100 101 99M 100 . York 5s North Carolina 3s 100 101 100 100 Ms First Trust of Chicago 4 STOCKS 90 87 101 100 Virginian 3s ... Virginia-Carolina 2s... 100 M 91 88 Pennsylvania 3M» of 101 Ask. 99 5s 96 100 99 Bid. Union of Detroit 4Mb. 96 92 New First Texas of Houston 5s.. v Bonds and Stocks* Ask. Bid. 5s 4 Corp. the month preceding the date of issue. City 4Mb Lafayette 5s............... 4 MsLincoln 5Ms Phoenix 4Mb 5s Potomac 3s 4 189 100 Ex-dividend. Illinois Midwest 5s 101 Fremont 120" 100 Member of the Northwest Bancorporatlon. Iowa of Sioux 101 Fletcher 3 Ms—........... 164 112 100 Sale price. Bonds. Ask. 100 First of New Orleans 5s.... 212 160 I Last sale. x — Quotations are for the last day of Bonds 205 100 t Wisconsin Bankshares Corp. no par stock. Common and preferred stock debentures outstanding. d Unit of the Wisconsin Bankshares Stock Growers N Bk. cent. 100 a WYOMING Sept. 28 86,000,000 39,000,000 716,487,626 7.000,000 5,000,000 131,036,883 750,000 19,349,081 1,500.000 1,000,000 47,892,194 4,000,000 35,000,000 20,000.000 734.576.355 or (3) That the known bondholders, mortgagees and other security holding 1% or more of the total amount of bonds, mortgages or (If there are none, so state.) None. - holders owning other securities I are: (4) That the two paragraphs next above giving the names of the owners, stockif any, contain not only the list of stockholders and holders and security holders, security holders as they appear upon the books of the oompany, but where the stockholder or security holder appears upon the books of also, in cases the company other fiduciary relation, the name of the person or corporation for whom such trustee is acting, is given also that the said two paragraphs oontaln statements embracing affiant's full knowledge and belief as to the circumstances and conditions under which stockholders and security holders who do not appear upon the books of the oompany as trustees, hold stock and securities In a capacity other than that of a bona fide owner: and this affiant has no reason to believe that any as trustee or in any other person, association or corporation has any Interest, direct or indirect, in the securities than as so stated by him. (Signed) Herbert D. Selbert, Editor. Sworn to and subscribed before me this 28th day of September 1938. Thomas A. Creegan, Notary Public, Kings County, New York County Clerk's No. 443. New York County.Register No. 9C307. (My commission expires Maroh 30 1939.) said stock, bonds or other 112 Quotations are as near Bid. Bonds. possible for the closing day of the month preceding the date of issue, Ask 63 Albany Metropolitan 5-0s 1949-.Alden (Hotel) lst3-5s 1957—F&A 35 M Allerton 55th St 5 Ms 1945—F&A d 100 Allerton N Y Corp Cum income 2-6s July 1 1955— / 19 Bonds. 65 38M j Allied Owners Corp 1st income 4-5s 1958 J&J Debenture 2-4s 1903 J&J Ambassador Hotel (Los Ang)— as Bid. 1500 Walnut Corp (Phila)lst 6s 1950 f 20 64 42 Broadway Bldg 6s 1939 f f f 67 68 M 1410 B'way Bldg 3 Ms 1941-A&0 / 52 53M Fox Det Theatre 6s 1942 .A&O Fox New Academy of Music J&J / 39 42 1st leasehold 6 Ms to 1941-M&S Fox Theatre & Office Bldg Income 3s 1957 / Fox St Louis Theatre Bldg— Arcady-Wilshire Co (Los Ang)— Chain 53 47 / / 50 10 / A&O f Realty Corp) 1st 2M-4s (w-s) 1949 49 Qa 84 99% 54% .... 62% 10% f - - - - 12M 30 22 21M 6M 5 18 f 21% 67% 33 12 35 14 . 101 91 1941 — mm mm mm mm mm — mm 102 102 M&S 104 104 • H-*l Ooi 16"" 48 M 81 mk mm'mm 80 mm 83 51% 8 34 37 36M 53 16 14 6 33 % 34M 75 22 34 102 Hearst Brisbane Prop 6s 1942 Herald Square Bldg 1st s f income 5s May 1 1948 Hotel Drake Corp inc 3-5s '53F&A 43 . 36" 103 45M 53 25M Hotel Governor Clin 6s '48-A&0 Hotel Lexington units Hotel Sherman Inc 1st 5s 1957—. Hotel St George 4s 1950 34M 21 22" 51 Syracuse inc 3s 1955 Hotel Taft Corp 5s 1947 F&A Insurance Exchange Building 73 68M (Boston) 1st 6Ms 1943...F&A Jagels & Bellis Realty 6s '48.M&S Keith Memorial Bldg 6s 1943 Lake Sh Ath Club (Chic) 0Ms '45 LaSalle Wacker 5s fixed Units 41 25 30 78 6 53 56" 17 ... 18M / 63 37 17% 70 54 18M cum cum 92 72M / / Construction— 1sts f4-4Ms 1948(w-s)—A&O Colonial Apartments 6s 1937 V -Columbus-Venetian-Stevens Bldg leasehold inc (Chic) 1st 3-5s. 1955. —M&S / Congress Square Hotel (Port Me) 5%a 1940 M&N Court & Remsen St* (Brooklyn) Bldg Corp 1st s f 3^-5s—1940 Davidson R'lty 6s w w 1940 A&O •De Paul Hospital 1st & ref 3-3^-33^-4s 1939-1947—Q-Feb Detroit Hotel 6Ms to 1941..M&S / Detroit Leland Hotel 5s Oct 1 *52 / Dorset Hotel 1st partic 2s 1957— Eastern Ambassador Hotel units. Edgewater Beach Apts— LIq Tr inc 6s w-s '50 Ann Oct f Edgewater Beach Hotel (Chicago) Cum inc deb ext 5 Ma '41—M&S f 11 Park Place Corp 4s 1948 11 West 42d St new 4s / 1st 6 Ms 1945 M&N 80 Broad St Inc 4s Nov 1 1956... / 80 John St extd 4s 1950 A&O / 870 7th Ave 4Ms Eppley Hotels 1st sf3-5s 1951 J&J Equitable Office Bldg 5s 1952— L952 Deb 5s Legended If 'Ferry Station P O (San Fran)— Ext income 3s 1952 J&D f Film Center Bldg 6s 1943--A&0 5th Ave & 28th St Bldg 6 Ms 1945. / _ 5th Ave & 29th St Bldg 6s 1948—. 5th Ave & 55th St Bldg 6 Ms 1945. 15 Park Row 4s w s 1952 / 50 B'way Bldg 3-6s 1946—M&S f 61 Fifth Ave 4s 1943 A&O / 62d & Madison Office Bldg— 1st Leasehold 3s Jan 1 1952 -500 Fifth Ave 6 Ms 1949 J&D f 53 10 10M 11 58 34% 5s, 1943 Schulte Real Estate 6s 1935— With stock J&D / Without com stock J&D / 6s debenture 1951 J&D / 56" 25 27 77 80 93 94 32 M 41% 34 M 43 M 5Ms 1942 M&N Steuben Bldg (Chic) 6s 1943 M&S Stevens Hotel (Chic) 6s 1945-J&J Certificates of deposit. Income 5s W-S 1956. - 60 ~ 33 4 71 Strauss-Manhat conv 6s *33.J&D / Taft Rlty (New Hav) 6s'40 A&O / Income 3s w-s 1951 f 1st income 6s Feb 1 1952 Marshall-Wells Bldgs 6Ms'47 F&A Mayflower Hotel (D O) 6s I960-. 83 M 93 M 85 10 East 40th Street Bldg 5s 1953Non-cum inc 6s 1958 M&S f 1088 Park Av Corp 2 M-5s*53 M&S / 83 M 85 M Sec 5% Stone & Webster 5s 1947 Properties, Inc— ef5M« 1946—- J&J 99 70 100 73 1st conv • f 6s 1948 M&N 6 43% 30" 36 40 38 40 45 , 73 70M 72 Adjudge inc Apr 15 4 Ms 1950- 45 25 71 17 19 Natl Tower Bldg 6 Ms 1944 A&O 31 7 '88* 97 Debenture mtge 5s 1945.-F&A Nat Hotel of Cuba 6s 1959-M&S mm'mmmmmrn 29 98 Nat Press Bid 3-5s 1950 (ws) 24 41 40 Metropolitan Corp (Can) 6s 1947 Metropolitan Playhouses— Neisner - 15 1st mtge 2-5s 1955 —J&D N Y Majestic Corp 4s (w-e) 1956 16 3 3M 98 99 27 28 N Y Postal Service Station— 46 27 30 51% 53 % 5 Ms 1937 47 F&A New York Title & Mtge— 5 Ms series B-I 41 " 27 29 32 M 52 33 M <mmm.W>im 29 series B-K series C2 series CW-1 series FI 5 series CJ 1900 Rittenhouse Sq (Phila)— 1st cum income 5 Ms 1945. J&D f North Station Indus Bldg (Bost) 1st m 49 45 M 5Ms 5Ms 5Ms 5Ms 25 ... f 6s 1962 A&O Oliver Cromwell 6s 1939 ctfs s 52 50 48 M 50 34 % 35M 36 M 53% 43 % 33 51% 4:1% 30% 30 1st 6s 1943 32M 32 M M&S , Textile Bldg 1st 6s 1958 Gen 7s s f w w 1948 63 5 23 mm mm'mm mm 61% 83 .... 29 31 12M 12M 28M 29M 53 4 3 9M 18M 10M 20 3 .... M&N Textile Crafts Bldg 6s w s 1944. Trinity Bldg 6Ms 1939 J&D mm 99M 101 % 4M m. mrnrn>m 33 Trinity Court Bldg 4s 1941.M&S Stamped Unstamped 2 Park Ave Bldg 4s... 1940 23 Lexington Ave 2s 1950 29th St Towers Bldg 3s 1942 / 2124-34 Bway Bldg 5%a —.1943 2480 Bway Bldg 2d mtga 3s 1944Tyler Bldg 6s (w-s) July 1 1953— U S Realty & Impt 6s 1944 Vanderbllt Ave Bldg Corp— 1st leashold 6Ms 1944—J&J 15 / Van Sweringen Co— mist 6s 1935 F&A f 1st & coll • f 6a 1938 A&O f Van Sweringen Corp 0s May 1 *35 f Varick St Sta P G (N Y) 6s 1941 Wabash-Monroe Bldg 0s 1953 J&J Wads worth Bldg(NY) 6s *53 A&O Walbridge Bldg (Buffalo)— 3s with stock 1950 30 21 21 82% 7 34 ■23 24 mmmmmmrn mm mm 1 41 19 — 75 62 54% 29M 57 v. 27 30 11 12 37 72 mmmmmmrnm 37 40 1 3 8% 15 2% 61 9M 16 3M 63 85 90 58 60 16M - (Hotel)— 30 40 45 47 1st 4Ms w-s Nov 1 1951...J&J Warner Bros Hollywood Thea— 48 M&N Washington Properties inc 7s 1952 / Westinghouse Bldg 4s 1948.A&0 21 20 21 75 1st 6 Ms 1941 pM 72 54M One Park Ave 2ds f 6s '51 _-M&N 42 White Motor Realty 0s 1940——- *102 103 East 57th St Bldg 6s 1941— 20 Woodbridge Bldg 5%a "41—A&O 45 47 50 60 Feb. 1 at 101. / Flat price, n Nominal. mm 3 45 d Called mm 43 M&N X Called Jan 1, 1939, at 100. mm m 86 .11 57% Non-cum inc 6a 1954.....M&S / Wall & Beaver St Corp— 6M mm . 9 3 15 15 31 17 - Waldorf Astoria 90 84 40 M&N / 1st 4-5s (w s) 1958 _ 45 40 M «v.N •t Olympic Inc (The) Seattle— 40 50 Bldg (Boston) .... Bros Realty, Inc— Conv s f deb 6s 1948—J&D 15 N Y Athletic Club— 13 M 14M 44% 18% 27 42 / / / 2 A% 50 Metropolitan Chain Properties— 42 / / 31 100 61M State-Randolph Bldg (Chicago)— Merchants Nat Prop 4s 1958 (w s) 99 18 113 102 Income 5-6s 1945 Mtge cum inc 3-6 Ms 1957M&N Manhattan Towers 6s 1946. M&S Marcy (The) 6s 1940 F&A Mark Hopkins Inc— 34 . mm 81 Speed Building (Louisville, Ky)_ 32 60 m mm mm 1H 45% Loew State Bldg (Los Ang) 6s *42 Mercantile 32 mm mm 42 Macrid Realty 3s Madison Inc (N Y O)— 19 M m.'mm 42 38M 18% v 40 1 62 95% mm Sixty-one Broadway Building 3 Ms 1950 with stock A&O / Income 3-3 Ms stpd 1955— / 7s 1940. Oct / m 47 83 —J&J Ann 47 76 mm „ Lord Nelson Hotel s f 4s '47.M&N Lords Court Bldg 5M» 1942-J&D 11H 35 45 16% 20 4 Voting tr ctfs for common ' J* Poli New Engl Theatres 5s. 1958 78 Gen income 5s 1983 M&N f 16% Provident Loan Society 0% ctfs._ fill Prudence Securities Corp—Income 5Ms ser A 1961--M&N 60 Quincy Station P O (Chicago)— 1st extended inc 5s 1950—J&D f 43% Realty Assoc Sec Corp— Income 5s Oct 1 1943 J&J f 47% Repub Bldg(Deny) 3-5s'49-M&S f 63% Retail Properties— Deb 5s series A 1959 M&S f 61 income deb 6s ser B 1959.M&8 / 3 Rittenhouse Plaza 2 Ms Jan 1 1958 38M Robert Treat Hotel (Newark)— 6s 1943 _J&J / 20 Boxy Theatre 6 Ms to 1940-A&O / 52 1st 4s 1957 -„M&S 59% Russ Bldg. (San Fran.)6s '51 F&A 81 St Charles Hotel (Atl Cy) 4s 1945 f 7 St Louis Post Off 5Ms 1938.A&O / 23 San Fran Paramount Corp— M&N / Stanley-Mark Strand 6 Ms 1941 Stanley Real Est 5%a '45 J&D 6s *47 M&816 Lombardy (The) 6s 1042 M&N London Terrace Apts 3-4s'52 J&D Lord Bait Hotel g m 6Ms '45 A&O 50 48 •Oolonade *.Called Dec. 1 at 102. / Loews Theatre Rlty Circle Theatre extd 6s 1946-M&S Cleve Term Bldg 1st 6s 1941.J&J L / Midland Theatre & Office Bldg 6s, 1941—M&N 89 7% 6 98 616 Madison See Madison Southern Hotel (Memphis)— 6s 1953-— —J&J Loews 71 ChicHerald & Exam 6 Ms '50 M&S 32 / f Inc 5s May 1962. — f Inc deb 5s May 1967 f 71 26 54 Mtge 20 60 Park Place Bldg 3Ms-5s__ 1947 52 Lenox Hotel inc 5s 1950 F&A / Lewis Morris Apts 1st 4s 1951 Lincoln 42d St Corp— F&A Mtge & Title— Guar 5Ms ctfs of deposit Lincoln Mtge Co 5s (w-e) 1948 Dodge Corp 6s vsc ol Penn-Haris Hotel 6s 1943—A&O Pennsylvania Bldg 6s 1939 -M&N Pierrepont Hotel 3-4s 1951 Pitts Hotels Corp 1st 5 Ms *48M AJ 18 28 Schuyler-Hudson 4s 1947 Sevilla-Bilt Hotel 7Ms '37 ctfs... / Shelburn.lnc(Ati(jy)OMH 40-J&J / Sherneth Corp 2s (w-s) Jan 1 '56_ / 43 60 Lefcourt State Bldg— Extend 1st 4-6 Ms 1948 71 f Park Place Savoy-Plaza Corp— 3s (w-s) 1956 §5" 53 59 1st mtge leasehold sf 3s '6 0 91 Lincoln 7M 52 .... 51M / 57% f 38 loan ctfs 195i Park Oresent 1st 6s 1940— Park Lexington Co Inc— s Conv 24 M 13 42 69M 1st M 41M 72 Feb / Income 5 Ms w s 1903 Cigar Stores Realty Holdings— § f dep 5Ms 1949 ser A J&J J&D J&D 1946 Lefcourt Manhat Bldg— 1st 4-5s exten to 1948 54 .. Stamped Unstamped Cleveland Theatre gen 5s 1944 leaseh 5s Lawrence Hotel (Erie, Pa.)— 0s 1948 M&S 55 52% Cambridge Court Apt Q%a 1937Cent Manhattan Props 5s'46M&S / Central Zone Bldg inc 6s. 1941 / Century Parkway 6s 1956 Chain Store Depot 6s 1940—M&S Chanin Building— 1st Leasehold inc 4s 1945-M&S 2d Leasehold inc 2s 1945.M&S 3d Leasehold inc 1st 1945-M&S Ohesebrough Bldg 6s 1948--A&O Chicago Evening Amer 6s 1939-_ Stamped 4s 1949 ■ 24 7% 7 Hotel Bush Term Bldg 1st fis I960-A AO Butler Hall 4-5s 1947 J&J w 62 69 (Louisville)— ty 6s Sept 37 59 / 6s 23% 35 •Bway-Spring Arcade Bldg— Non-cum 3-5s April 1 '57-. Bway & 38th St 7s 1945 Bway & 41st St Bldg 3-5s 1944—- / >Bklyn Fox Corp inc 3s Oct 1 f 1st sinking fund 5s 1949— 2nd income 6s 1949 m - 20 Boston Parcel Post 3s Oct 1945._ Hotel 5% 52 11% Paramount Bway Corp.— _ 39 Barrlmau Bldg 6s 1961 M&N Hartford Times deb 4Ms'51 M&N 20 ~7" 80 Grant Bldg (Pittsb)— 2M-5s 1957 (with stock) / Graybar Bldg (East Offices mo¬ Greeley Sq Bldg 6s 1951— 40 Boston Postal Serv 5%b '38-J&J B'way Barclay Office Bldg— Brown . f 44% 6M 28 ist 6 18 . _ 1st. 2d 1956 41% f _ _ jfrj 1944 f 7s 1941. 37 s / Realty"Corp~5s" 1948—1J&D 1100 Gair Garrett Buildings (Chicago)— 6 Ms to 1940 J&D / Governor Clinton Co Inc (NYC) 1st mtge 2-4s 1952 -M&S 50 Genera] 79 30 / 1st sf6Ms 1942 Fuller Bldg (G A F 14 15 — Store Realty— 1st mtge coll 5 Ms 1957 J&J Cum income 6s 1957 A&O Adj non-cum inc 6s 1957-M&S Assoc Realty Bldg (Los Angeles) Income 5s 1948 (w-s) J&J Baker Hotel (Dallas)— 1st s f 5s 1950 (with stk) -F&A Bait Parcel Post 5 Ms 1949 Bauman (Ludwig)— 1st 5s (Brooklyn) 1947 1st 5s (Long Isld) 1951 'Beacon Hotel inc 2-4s Apr 1958— Bellevue-Stratford (Phila)— 5%a 1935 J&D Benf F Franklin 6s ctfs 1933 Berkeley-Carteret 5 Ms "46-M&N Bing & Bing deb 6 Ms 1950-M&S Income 7s 1950 w-s M&8 >Book Tower (Det) 2-5s '52-(w-s) ■ 37 . Aai. 75 5M 18* tt* J&J 69 34 19% 4% / 40 Wall St Bldg 1st 6s 1958 100 Non-cum inc. 3-5s 1950..A&O Assoc 1/ )f 10 98 M Non-cum inc 5s June 11949J&J / Arrowhead Lake 7s 1944-47.J&D / 22 19 Bid. Sondi. 103rd & West End Ave— Income 5s June 1 1942—. 110 So Penn Ave (Atl City)- 1512 Spruce St (Phila)— Amer Insur Dn Bldg 6s '41-M&N Arcade Bldg & Rlty < Seattle)— 3-6s 1948 Ask. - Jfc Last sale. A&O ~~mmm mm -mm i Serving correspondent banks since 1858 Corn Exchange National and Bank Trust Company Philadelphia Member Federal jl . *T;. J,r Deposit Insurance Corporation / v>V ' ■V." f. / 'v.;