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UB7W RES. 0. S. PAT. OFFICE New York Stock Exchange New York Curb Exchange Boston Stock Exchange Baltimore Stock Exchange New York Produce Exchange Chicago Stock Exchange Pittsburgh Stock Exchange Philadelphia Stock Exchange Cleveland Stock Exchange Los Angeles Stock Exchange San Francisco Stock Excha Detroit Stock Exchange INDEX TO STOCK EXCHANGES page page N. 7. STOCK EXCHANGE—BONDS...16 BOSTON STOCK EXCHANGE N. Y. STOCK EXCHANGE—STOCKS..29 CLEVELAND STOCK EXCHANGE....67 NEW YORK CURB EXCHANGE DETROIT STOCK EXCHANGE NEW YORK PRODUCE -39 EX- CHANGE 59 PHILADELPHIA STOCK EXCHANGE.63 page 1 70 SAN FRANCISCO STOCKEXCHANGE.72 LOS ANGELES STOCK EXCHANGE—74 PITTSBURGH STOCK EXCHANGE...76 INDEX TO GENERAL REVIEW OF JANUARY ....69 BALTIMORE STOCK EXCHANGE 57 CHICAGO STOCK EXCHANGE -...66 : QUOTATIONS - : ■*''/■/' ■■■'"' page TEXTILE MANUFACTURING STOCKS. STEAM RAILROAD BONDS.... 77 northern STEAM RAILROAD STOCKS 81 southern mills... 94 canaman mills 94 INVESTMENT TRUST ST'KS&B'DS..82 94 mills JOINT STOCK LAND BANK BONDS...99 MINING STOCKS JOINT STOCK LAND BANK STOCKS..99 INSURANCE STOCKS & SCRIP...94, 120 FEDERAL LAND BANK BONDS REAL ESTATE BONDS. .... 94 100 REAL ESTATE TRUST & LAND STK8.95 ..108 TITLE GUAR. & SAFE DEP. STOCKS..95 PUBLIC UTILITY BONDS. 83 U. S. AND MUNICIPAL BONDS PUBLIC UTILITY STOCKS 88 CANADIAN MUNICIPAL BONDS....102 INDUSTRIAL & MISCELL. BONDS....91 FOREIGN GOVERNMENT BONDS...101 AND TRUST COMPANIES...109 INDUSTRIAL & MISCELL. STOCKS...95 BANKS EXCHANGE SEATS... CANApIAN BANKS WILLIAM B. -93 DANA COMPANY, William Street, Corner of 100 119 PUBLISHERS Spruce Street, New York. Investment Service For Institutions Through offer be an our offices in important cities in the United States and abroad, we experienced investment service to institutions. pleased to submit Upon request we shall comprehensive list of carefully selected Government, a Municipal, Railroad and Public Utility Bonds which we recommend for investment. Chase Harris Forbes Corporation The Chase National Bank Building 60 Cedar Street, New York SAFE DEPOSIT & TRUST CO. OF BALTIMORE Chartered 1864 Capital $2,000,000 Acts as Organized 1867 Surplus & Profits Over $4,870,000 Trustee of Corporation Mortgages, Fiscal Agent for Corporations and Individuals, Transfer Agent and Registrar. Depositary under plans of reorganization. Acts Executor, Administrator, Guardian, Receiver, Attorney and Agent, being especially organized for careful management and settlement of estates of every character. as Trustee, SECURITIES HELD ON DEPOSIT FOR OUT-OF-TOWN CORPORATIONS AND PERSONS. DIRECTORS H. WALTERS JOHN WALDO NEWCOMER NORMAN JAMES JOSEPH B. KIRBY ROBERT OARRETT J. EDWARD JOHNSTON HOWARD BRUCE SAMUEL M. 8HOEMAEER BLANCHARD RANDALL G. BABTJBR EDWIN J. NELLIGAN MORRIS WHITRIDGE OFFICERS H. WALTERS. Chairman of Board JOHN J. NELLIGAN, President ANDREW P. SPAMER, 2d V.-P. JOHN W. MARSHALL,Asst.to Pres. JOSEPH B. KIRBY. 3d Vkfe-Pres. H. H. M. LEE, Vice-President WILLIAM R. HUBNER, 4th V.-P. ... Treasurer L Campbell Connor Asst. R. S. Opie Cashier A - Asst. V.-P. A Asst. Sec. Roland L. Miller • George Pausch Asst. V.-P. A Sec. Maurice J. NeUlgan, Asst. Cashier A Albert P. Strobel - Real Estate Officer John W. Bosley • Asst. Treas.A Asst. Sec. W. D. GUI Wrightaon • Asst. GeorgeB. Gaaaaale Harry E. Challla Edgar H. Cromwell, AsBt. Treas. A Asst. Sec. - Raymond E. Burnett Howard W. Baynard Assistant Treasurer James S. Asher Andrew H. Troeger Assistant Treasurer J. Edward Knapp • Thomas B. Butler - Asst. to 3rd V.-P. Robert B. Cbaoman Assistant Secretary - C. F. Lechthaler Secretary Asst. See. Asst. Sec. Secretary Assistant Cashier - Auditor - - Asst. Auditor - - Asst. Auditor Asst. Real Est. Offloer Chalmers S. Brumbaugh Statistician REO. U, S. PAT. OFFICE Copyright in 1932 by WILLIAM B. DANA COMPANY, in office of Librarian of Congress, Washington, D. C. as Second Class Matter, March 9 1928, at the Poat Office at New York, N. Y., under the Act of March 3 1879. Entered Bank arising out of shortened The Bank and Quotation Record is one of the publications of the Continental United Alaska; $11.50 in Canada, and $13.50 in other foreign Terms for the Chronicle are $10 per annum within except countries States Territories. Possessions and The subscription price to the Bank and Quotation Record is $0.00 a Foreign postage outside of United States and Canada, o0 cents ; ' United and owing to the collapse of revenues, trade, and such going into debt finds its only warrant and justification if it has the effect of restoring the country to sound business health. In short, the domestic developments the promise of a better state of things for the near carry future. year. 4 THE ACUTE CRISIS AT COURSE SHANGHAI—THE ARBITRARY Single copies are sold at 75 cents per copy. extra. 2. because of the growing budget deficiency gravest nature, Quotation Record and •Commercial & Financial Chronicle and is issued monthly. States, NO NEW YORK, FEBRUARY 5 1932. VOL. 5. OF JAPAN. CHICAGO OFFICE—208 South La Salle Street. Not Gardens, E.C. LONDON OFFICE—Edwards & Smith, 1 Drapers' the These WILLIAM COMPANY, Publishers, DANA B. William Street said best the one China between be can at troubles, and York. Spruce Street, New corner same latter important Highly affairs Japan—carries such the of course the new year, both Those relating to internal affairs had domestic and foreign. they through a concensus of wise counsel on the part of the may, authorities governing countries most of the mainly with the intense depression in business which, affairs grew continuing for more than two years, showed little area or no sign of relaxing its hold, and with the steps taken by September to the Shanghai district. of large consequence was the negotiations between the rail¬ roads and their union employees of wage and for temporary lowering a schedules in view of the frightful losses in traffic which these rail carriers sustained during the revenues calendar 1931, leading not only to suspensions and year dividend in reductions an effectively with it Another development paving the way for its removal. declarations on railroad stocks on unparalleled scale, but bringing some of the strongest rail¬ roads in the country to the point where Their fixed charges they barely earned in the shape of interest payments on their bonded indebtedness, and in not a few cases falling short of meeting such fixed charges. In this state of the action of Japan in extending the out of operations military in Manchuria last begun A Japanese military expedition was sent into the native areas of Shanghai, de¬ signed to terminate anti-Japanese propaganda and the boy¬ of cott After Japanese goods. series of ultimatums by a Japanese commanders, demanding the immediate suppres¬ sion of anti-Japanese organizations, troops from the vessels stationed at the chief treaty port of China were districts Chinese the of city. Serious fighting promptly developed, as the Chinese Government had assembled troops to The Japanese, however, appear to repel the invasion. have conducted their operations in a very Chinese the population without much regard as to the consequences to the foreign population and without much respect for general gloom in which the financial world was shrouded, countries. the roads within the International Settlement, while needs through no longer able to finance their new the issue of either stocks or bonds, since no market for the same could be found, thereby reducing the great transportation systems of the country to a utter helplessness and threatening really negotiations with the railroad labor unions, as capital the most of these railway labor its or state of ruin. The brotherhoods, organizations are called, dragged wearily along during the last half of the month, treaty rights and treaty possessions of other The Japanese airplanes dropped boundaries of the Settlement also reported, and these one in their took measures violations of the; by the Japanese marines were marines ruthlessly shot down any¬ The United States path in the native areas. drastic sdme bombs even to protect its interests, and so did Great Britain and the other countries as the crisis became steadily more On Sunday, Jan. 31, President Hoover's acute. decision to increase the American forces in the International with the labor chiefs raising all sorts of objections against Settlement in Shanghai was announced at the reductions in their pay, even late in the in a signed agreement Sunday, Jan. 31. on temporarily, but found fruition the very last day of the month, By this agreement the unions consent to a reduction of 10% in their pay, but only for the period of a •single year" when there is to be an automatic return to the As the old scale. 10% reduction involves somewhat over $200,000,000, a saving in. penses of gain distinct advantage by the action, at least for the a time being. a development the immediate future, full of considerable promise for though it is to be doubted that the condition of the roads will period of a so greatly improve during the single year that they scale of pay. more will In that respect, therefore, the event constitutes favorable ment the railroads ex¬ can then resume the old We outline the provision of this railroad agree¬ at length under a separate heading further along in this article. THE 1 C : LEGISLATIVE RELIEF MEASURES. Hoover, so far revive trade, which upon as as is their sole object, are also to be looked •qualifying consideration to bear in mind that they involve going into debt, more particularly in the case of the National already beset by Secretaries State of financial problems of the White House following statement : held by the President to-day with the was State, War and Navy, Under Secretary of Castle, Chief of Staff General MacArthur and Chief of Naval The request of Amer¬ Operations Admiral Pratt. ican Consul-General Cunningham and our naval officers at Shanghai for still further protection of American citizens in the International Settlement 'at "Directions been have given Shanghai was considered. to send Shanghai to the Thirty-first Regiment of about 1,000 men now at Manila, together with 400 marines [later increased to 600] transport Chaumont leaving to-morrow. ton and six destroyers soon as GERMANY'S 0 While the Japanese affairs, REGARDING consequence. Chancellor crisis there the troops will be ; ABLE foreign there, the settlement will number about conditions permit, ATTITUDE the left Manila this morning for Shanghai. total American forces in the As on The cruiser Hous¬ "With these additions to the marines already they serve to stimulate and favorable developments, though there is always the Government, "A conference 2,800. The relief measures passed by Congress on the initiative of President afternoon in the returned to Manila." - higli-banded fashion, sehding airplanes into the area wThich dropped bombs depreciation in the market value of their securities and the were landed on Thursday, Jan. 28, and a determined attack launched on the on things, too, accentuated by the enormous of its immediately The acute crisis in Chinese-Japanese concerned, be averted. to do President Hoover and Congress for coping to the menace only be contemplated with the deepest can after and a relations among the nations of the affright and solemn prayers that the dangers they threaten marked developments the opening month of during world that EVENTS. FINANCIAL developments. complications and new of them—the further rift in the relations and maintenance of peaceful AND JANUARY—COMMERCIAL OF REVIEW of the foreign involve TO was were REPARATIONS—NO PAY! LONGER .u the most momentous of the several others of no mean They included 'an official announcement by Bruening of Germany that when the Lausanne Reparations Conference convened on Jan. 25 he would inform b the at world amination They also included the action of Great Britain announcing between the the of point every that it governments chiefly concerned with the con¬ evident they is said, "and it is evident the conference cannot begin as early concerned to make no commitments Further conversations are to to be France at the possible to ability attitude regarding reparations payments, and on Jan. 19 the Chamber of mainly Foreign of the their He said Wiggin continued. Mr. respect for the German leaders with whom they i the preamble of its report the committee emphasizes responsibility of the governments in the premises, re¬ recommendation last consisting Seven London the of Conference Power immediate financial relief to July, which called for Germany in the nature of a central bank credit of $100,- Aristide Minister essential calling that the original credit agreement was made at the Deputies for the first time since the reorganiza¬ of the replacement the foreign^ creditors had come away from the conference In Tuesday, Conference) M. Laval went before the tion of his Cabinet early in the month ( the change in confident of had had to deal. French (the day before Great Britain announced postpone¬ ment of the Lausanne it," to protect with great Premier Laval of time took pains to reaffirm the same which they would not believe they evident is "They have been properly stability of German finance, feeling satisfactory agreement regarding the procedure a adopted in the course of a few days. it and agreement." the British in progress and now Government entertains the hope that it may be come fulfill, which had been previously fixed. com¬ would do their utmost to live up to and carry out the next Monday, the date ex¬ before respect of the foreign credit bankers, and manded the full place ference at Lausanne are not yet concluded," the statement as thorough agreement new and difficult negotiations throughout the prolonged Monday, Jan. 25, would not "The conversations which have been taking of signing it," Mr. Wiggin declared, adding that "their attitude 20 that the Lausanne Conference Jan. on which had been scheduled for be held. "German members of the Committee made a Germany's ability to pay reparations was that end. an in REVIEW MONTHLY the maintenance of 000,000 and concerted measures for Briand by the Premier, who assumed the foreign affairs portfolio in addition to his duties as President of the Coun¬ The conclusions reached private credits already extended. cil), and in his ministerial declaration set forth that the by the Committee after its six weeks of deliberations are French claim to reparations payments would be firmly summarized His policy tained. would be, not to make any unless war debts were correspondingly reduced. Premier the The French double duty is debtors is asked of us," M. Laval said. imposed suffered from the our of "While making to in the midst of such unprecedented difficulties. German economy within possesses itself immense recuperative to comes an "The present extreme all July 1, and on an countries freedom sound out Germany on some of "The trade effects inflation, ments, attempt was that greater a enrich all." has proceeded further in Germany than in Germany has been subject not only to the but also to the continuing exceptional depression Germany replaced the loss of a large part of her working capital due to the war, heavy poet-war payments to other govern¬ the past 16 In but long short-term and from loans abroad on a internal months she, however, has paid back to the world very which has given evidence of her underlying strength, process has, at the which Franco- by and scale. large Bruening to Sir Ambassador, world from outside. pressure compromise of that by Chancellor British the A lightening of burdens and country will one since country, the of large sums, a Rumbold, enriching of liquidation process other any sort, but the German position on that point was made plain official notification crisis must bring home to all peoples of the world together. The inverse is as true; rich together. grow Continuing the report says: Great Britain and France seemed end . the fact that all the countries grow poor " an The sacrifices and are it is imperative -that the hindrances to such development should It will not come without positive action by the governments subordinate all agreements to a just agreed on the neef) for the extension of the moratorium reparations payments for another Six months or a year Horace people peoples in the sphere of international co-operation and, as both Basle committees have urged, there is no time to be lost. to be in German and Toward future generations there is debts. own international markets." made to efforts great emerge, corresponding remis¬ a peoples places us in any state of inferiority in the it the and Government is possible to Insure that period of recuperation. a very which will manifest themselves as more favorable world conditions disproportion of financial charges burdening the activities when the powers, This balance will be broken if, when this crisis is passed, on Germany by Would Remove Hindrances. "A ■balance of the conditions of production and of existence. of the afford impressed maintain their position there is the duty of fairness—to sacri¬ credit without our the duty of prudence to a German the been be removed. fice nothing sion of war has which Toward the generation which on us. will months 12 "A discharge payments from Germany to be suppressed; our next Committee France, he said, will not permit her right to these in favor of follows: as "The ehort-term creditors have done ell that sacrifices particularly emphatic in his references to repa¬ was rations. main¬ time, placed an extremely heavy strain on the whole same credit external and she has been British suggestions for a temporary adjustment would prove maintain unacceptable. The structure. of process readjustment to forced, involving great unemployment, great internal restriction of credit and budgetary deficits has been necessary in order to depends. British The representative called the at her exports, Aim to Strengthen Foreign Office, it was indicated, to learn whether Germany would to consent 12-month a of interest This proposal was the 1 Times" York New said, and the stand taken that fore July 1. deferred to Debt some the States United rejected" the dispatch added. was was supplemented by Government would a become due, Government, it ment THE was 1 economy. EXTENSION FOR within the capacity longer of and ANOTHER YEAR OF THE GERMAN SHORT-TERM 1932 of course the extension for gratifying action. another year Basle last of the This was Feb. on 29. he a and chief American "Experience under the first 'standstill' agreement, period most careful of six months only, study of the whole position, and it desirable to revise the plan in many of the vary made necessary details. was in detail, and be given to the points of view THE RELIEF OF OF to a normal difficult con¬ for a REMEDIAL LEGISLA¬ BUSINESS. legislation for special message full the relief of President from trade Hoover even more earlier. world instability would be derelict in his duty if he emphasize the paramount importance possible moment." He added; "These to effect We battle upon a of labor, of They furnish the basis for full these can They have replace the purposes. and must depression he urged was like a great a recom¬ developed in consultation with justifiable fear in the country by confidence. not to- Nation of constructive action upon these questions caLlaboratiofn ! and The need was manifestly, evident, /than at the date of his message He partizan character. to of all interests concerned." He said the proposals designed to check the further shocks from banking and of industry. found had were leading men of both parties, of agriculture, a The interests consideration by him mendations h'ave been largely banking creditors of the various countries naturally somewhat said, month to the which a a continued at the earliest said: for received "did not at this time Dis¬ delegate, was RECOMMENDATIONS FOR unshackle the forces of recovery. of 'arrangement, Albert H. Wiggin, Chairman Committee returns business, was pushed with great energy in Congress. against The new agreement which involves August and takes effect new to agree¬ degeneration in prices and values, to fortify the country from Feb. 29 000,000, cancels the provisional six-month accord concluded at PRESIDENT'S recommended short-term credits totaling approximately $1,500,- cussing the standstill of the Committee, be mended by him in his annual message. DEBTS. Germany's short-term private debts. "frozen" credit grant urging immediate Congressional action on measures recom¬ Another event of importance witih reference to German was to new Congress re-assembled on Jan. 4 after the Christmas holidays German , PRIVATE affairs the opinion in not, the world When Reichsmarks. Emergency remedial and Young Plan, including the non-postponable no will it TION sup¬ annuities, under the already matured, and maturing before March 1 1933, amounts to about The pay¬ ments under the continue to dealt with great country like Germany to carry a short-term debt of this amount." ^-ovisional said, had reached the conclusion, was willing be to be debt short-term 6,360,000,000 dition positive declaration that the German ported by the Basle experts, that the resumption of will creditors foreign "The "To-day's announcement stoutly oppose any sort of short-term debt, which indeed could Germany. also adjustment which sought to evade a final show-down. credit system It is their policy to protect The wisest policy is not to possibly have been done without disaster, but to restore confidence ao that date next autumn, before the Allied War to considered that the first strengthening the general attempt to liquidate completely the a problem must be undertaken be¬ The proposal that the formal conference be payments in lay and in particular the Reichsbank. the Reichabank and the stability of currency. not of the creditors the of Germany definitely rejected by the Chancellor, a Berlin dispatch to definitive solution Whole System. "In view of these circumstances the Committee prolongation of the present reparations respite, pending final action. which her capacity to pay her creditors entirely on single front but war, no un¬ Combatting in that it upon many a was fronts. 'The United States has the large a world. Our internal economy is our must we any and resilience to make resources of recovery independent of the rest of the measure fortify primary concern and economic structure in order to our meet situation that may rise and by so doing lay the foun¬ dations for This does recovery; not that we are mean c REVIEW MONTHLY terest charges short-term loans to prohibitive rates and on are] imposing almost impossible conditions or even flatly refusing to do business with the authorities of their own com¬ munities. While billions have been loaned through these banks to same ability foreign lands, they meet to insensible to the welfare of other Nations, or that our own Senator Robert self-interest is not involved in economic rehabilitation abroad United which would restore the markets for our agricultural and of the other commodities. able professing in¬ are now imperative necessities right at home." Wagner, Mr. Copeland's colleague in the But it is to the problems of our own first necessity duty to devote ourselves our internal economy not only as the to domestic welfare, but as tribution to the stability of the world as a The out summarized be may whole." (l)i The follows: as (2) farmer; creation the of Reconstruction a Finance proposition 'l. voted down by M 'k: consideration bill for a Reconstruction a Jan. 15 by a vote of 335 to 55; on Jan. 18 the Senate sub- credits otherwise unobtainable under existing circumstances conference in order to give confidence to differences (3) the creation of against further paralyzing influences; system of Home Loan Discount banks in order to revive by employment difficulties of of mortgages on of the construction new of many and mitigate to the in securing renewals citizens our (4)i enlargement their homes and farms; rediscount facilities of the Federal Reserve Banks; (5) development of a plan to distribute to depositors moneys in closed banks; tion (6) revision of laws relating to transporta¬ recommended as by the Inter-State Commerce mission to "restore confidence in the bonds of our Com¬ railways;" revision of banking laws in order to better safeguard (7) depositors; (8) reduction of Federal expenditures, adequate increase of "restriction and taxes issues of securities." THE of FINANCE RECONSTRUCTION A LAW—ITS GENERAL CHARLES COMES PROVISIONS DAWES G. On Jan. 5 the Senate voted to report AND in a BE¬ PRESIDENT AS BOARD. Banking and Currency Committee favorably the bill providing for the creation decided not to amend the bill banks. BILL POSSIBILITIES- NAMED Reconstruction Finance Corp. the This type of aid, it to so as was The sub-committee permit loans to closed agreed, should be undertaken The sub-committee also decided against separate bill. ference Jan. 21. to reconcile were differing the ordered it to report laid before both branches of Congress on On Jan. 22 both Houses adopted the conference ready for the President's Before the reference of the bill to conference* signature. Senator These provisions. finally adjusted on Jan. 20 and the con¬ report and the measure was then Copeland renewed his effort to include a provision making loans available to States and The municipalities. this occasion differed from his original amendment in that it, limited to $200,000,000 loans that might be made to cities and States at any one time. The proposal, however, was again, defeated,, this time by a vote of 53 to 24. As already stated, complete agreement on all the controversial features of the bill was reached late in the day on Jan. 20 by the conferees. The proposed amendment on daily CORPORATION AND EUGENE MEYER AS CHAIRMAN OF THE of Federal • Finance Corporation and this passed that body late in the day on stituted its bill for the House measure and a plight) vote of a meantime, the House of Representatives also had In the under was Corporation to furnish during the period of the depression agriculture, industry and labor insertion City of Chicago having long been in a bad financial 45 to 28. strengthening of the Federal Land Bank system to aid the Senate, joined him in urging the but in the end the which the President urged action with¬ measures on delay best con¬ our States provision requested and the two also received consider? assistance from Senator J. Ham Lewis of Illinois (the was stated that the outstanding point of difference agreed to the Senate language papers settled when the conferees securities purchasable and neither*rediscountable nor pur¬ chasable at the Federal Reserve banks. The Administra¬ tion wanted the Treasury to be able, to buy the Corpora¬ the Corporation's made which salable at the Treasury, but banks, a point which Senator Glass of Vir¬ successfully resisted. ginia and Senator Buckley of Ohio Through the purchasable bonds, but alse desired to have them tion's at the Reserve clause the conferees agreed to authorize new a Corporation to lend up to a maximum of $200,000,000 rehabilitating closed banks or banks in liquida¬ aid in permitting the debentures of the Corporation to be eligible to for rediscount according to the "Times," is to relieve distressed depositors and is meant to be supple¬ mentary to the $150,000,000 carried in another bill*• to create the "Depositors' Relief Corporation," another part of President Hoover's program for fighting economic de¬ through the Federal Reserve System. The original bill contained provision for such rediscount. The sub-committee altered the bill construction obligations to so as provide that the Re¬ be purchased and sold by the may Treasury Department by using the proceeds of bonds of its which may be sold for the purpose of obtaining the own means new wherewith to sustain the market for obligations of the corporation The bill at night on such obligations it began on Jan. 7. on Jan. 11 by numerous though the other hand the bill of was particulars without however making in the of the purpose consideration of the ment offered measure. measure was on During the amendments offered were Jan. 6 course of voted down, altered in any a number essential changes One incident during the the rejection of an amend¬ by Royal S. Copeland, United States Senator from New York, at the instance of James J. Walker, Mayor of the City of New York, urging that the bill contain provision authorizing the Corporation to lend money a to cities and municipal corporations of the country on accept¬ able security needs." such as bonds or pression notes "to relieve their acute Mayor Walker in his telegram to Senator Cope- ' . With the necessary. It passed the Senate late of 63 to 8. a vote the debate on be reported favorably to the Senate was and debate should This, Senator Walcott explained, tion. Washington correspondent of the New York Finance Corporation thus to increase employment by the restoration of men to created for the Such institutions are amply able to take care of themselves. It is created for the support of the smaller banks and financial institutions, and, through rendering their resources liquid, to give re¬ newed support to business, industry and agriculture. It their normal aid of big should of jobs." industries give out the country starvation." passages of the refused loans by the banks to a rescue same nature, their inhabitants from among others the following: city, small and large, in the United States financial strait jacket because of imposed by the banks of local Governments. thorities are The telegram contained many other striking "Almost every is now in which their affairs and to on lending On the money one severe restrictions for the operations hand, the National au¬ He added: "It is not or big banks. opportunity to mobilize the gigantic strength Previously, that is, on Jan. country for recovery." our 19, President Hoover had indicated that he had chosen serve as President of the Corporation Charles G. Dawes to Eugene Meyer would be Chairman of and that known that in carry on the Board At the same time the President made view of the new duties imposed on General Corporation. Dawes, the latter would be replaced as Chairman of the delegation armament by Secretary of State Stimson. had on to Jan. 8 announced his intention to dor to Great Britain DisGeneral Dawes the Geneva Conference on American resign as Disarmament to be held on priating $500,000,000 to provide the capital for the Recon¬ struction Hoover in a Finance on Corporation Jan. 27. letter to the was He had made a signed by Speaker of the House of Representatives C. Couch of Arkansas and Jesse H. Jones of Texas on Jan. 21. tors of the President request for the funds by the localities themselves, that is by cities, towns and Qn the other hand the banks have raised the in¬ on A resolution appro¬ Feb. 2. nominations of General Charles G. Dawes of villages. Ambassa¬ following the Geneva Conference urging that the relief for the acute poverty and distress resulting from unemployment must be provided are legisla¬ deflation in agriculture and industry and Corpdration Bill to provide the vast of $2,000,000,000 the purpose of the new tion is "to stop of the sum on statement in which he said land said that "before the proposed Reconstruction Finance in public credit for the relief of banks'and bankers is enacted, attention should be called to the needs of the cities through¬ Reconstruction Jan. 22, President Hoover issued a signing of the bill creating the On Jan. 28 the U. Reconstruction S. Senate confirmed the Finance Illinois, Harvey as Corporation. Direc-» The . ) d MONTHLY Corporation is vested in management of the board of a REVIEW such railroads directors consisting of the Secretary of the Treasury (or in reasonable his absence the Under general Secretary of the Treasury), the Gov¬ of the Federal Reserve Board and the Farm Loan Com¬ ernor missioner, who persons appointed by the President by and with the advice and consent of the Senate. board of of the directors, not be to may be members than one shall be Federal Reserve district. same three ex-officio members Dawes is also Republicans and General different a Messrs. Couch and Jones political faith, and accordingly Democrats and are likewise is so Wilson McCarthy of Salt Lake City, Utah, the last member of the board, whose nomination was sent for confirmation to the Senate on Feb. 1 and confirmed Feb. 3. The Reconstruction to be Corporation is a gigantic capital of $500,000,000 subscribed by the United States Government, and with a authority to issue also $1;500,000,000 of debentures, bonds, other or obligations. It is very broad and comprehensive, and application. The title describes it as too, in its scope "An Act to provide emergency financing facilities for finan¬ cial institutions, to aid in financing agriculture and commerce and for other purposes." Under Section 5 of the Act the Corporation is authorized to aid "in financing agriculture, and commerce industry, including facilitating the exporta¬ tion of agricultural and other products, and empowered to make loans, upon such terms and conditions not with this Act eral company, mortgage loan Land Bank, stock credit the corporation, organized under the laws of assets bank that is closed, any liquidation, to of such in aid banks, upon the to process receiver of any of liquid¬ or any National than $200,000,000 shall more liquidation." "No loans foreign securities the purpose of closed are or or collateral as assisting in the carrying used be in the process of advances shall be made foreign acceptances or upon or liquidation or for of foreign securities and foreign acceptances. "In no case shall the aggregate amount of subsidiary affiliated organizations exceed at any one time authorized capital stock the of 5% of Reconstruction Finance Corporation plus (2) the aggregate amount of bonds of the Corporation authorized to be outstanding when the capital stock is fully subscribed. "Each such loan may be three years, extend the made for and the Corporation time of the time for such new loan or Except any which such loan was made provided in Section 5A hereof, no shall be made by the Corporation for as advancement the purpose of from time to time payment shall not be extended beyond five years from the date upon originally. period not exceeding such loan, through obligations, or otherwise, but payment of .renewal, substitution of a may initiating, setting enterprise not initiated, set on foot, on foot, or or financing any undertaken prior to the adoption of this Act: Provided, That the foregoing limitation shall not apply to loans made to agricultural or live stock credit corporations, or Stock Land banks, or Federal nor to loans made to agricultural operations. under one this year section at Federal Land banks, Joint Intermediate Credit banks, banks for the purpose of The Corporation any may financing make loans time prior to the expiration of from the date of the enactment hereof; and the President may from time t6 time postpone such date of or periods as he may expiration for such additional period deem necessary, not to exceed two years from the date of enactment hereof." Within the foregoing limitations of this section, the Cor¬ poration may also, upon the approval of the Inter-State Commerce Commission, make loans to aid in the temporary financing of railroads and railways engaged in inter-State commerce, to railroads and railways in process of construc¬ tion, and to receivers of such railroads and railways, when in the opinion of the Board of Directors of the Corporation and the agreement to may obligate itself in such form As prescribed and otherwise comply with the the of Corporation with respect to the deposit authority, State with any or assignment of or or approval of Federal, and without compliance requirement, State as or Federal, to notification, as be imposed by the Inter-State Com¬ may Commission and the Corporation under the merce require¬ Commerce Commission and' the Inter-State security hereunder, without the authorization any payment pay or commission shall be unlawful. provisions. of this section." The Corporation is given a life of 10 12 and 13 of the Act deserve also to be Sec. years, quoted and Sections as follows: 12. When designated for that purpose by the Secretary of the Treasury, the Corporation shall be a depositary of public moneys, except receipts from customs, under such regulations said Secretary; and it may also be employed as as may a be prescribed by financial agent of the Government; and it shall perform all such reasonable duties of public money and financial agent of the Government, of it. be accepted may depositary as as may be required Obligations of the Corporation shall be lawful investments, the investment as 13. trust or any officer or and public funds, control or officers thereof. the expiration of the period of Upon and deposit of which shall be under the authority or of the United States Sec. security for all fiduciary, shall, except as one year within which otherwise herein specifically authorized, proceed to liquidate its assets and wind of the Secretary of States as up its affairs. It may, with the approval the Treasury, deposit with the Treasurer of the United special fund a any money time to time received by it in the belonging to the Corporation course or from of liquidation or otherwise, for the payment of principal and interest of its outstanding obligations or for the purpose of redemption of such obligations in accordance with the terms thereof, which fund PASSAGE may BILL OF be drawn upon or paid out for no other purpose. PROVIDING ADDITIONAL FEDERAL LAND CAPITAL FOR BANKS. The bill providing additional capital for the Federal Land granting powers to them to extend the time for repayment of loan installments was passed by the United Banks and States Senate on Jan. 13 with numerous As amendments. passed by the House on Dec. 19 the bill provided $100,000,000 additional capital for the Federal Land Banks. The bill passed by the Senate increased the amount to $125,000,000, $25,000,000 of this being earmarked for specific use. The bill then went to conference and on Jan. 21 both Houses accepted the conference report. The conference report in¬ cluded a compromise amendment proposed by the House conferees that Section 13 of the advances made under this section to any one corporation and its the or liquidation or application of the receiver for the relief of banks that (1) any assets of the bank for securing the same: any Provided, that not or of hereby authorized to contract for such loans and pledge such in or. reorganization ating agent of such bank, and bank is corporation, live¬ of the United States, including loans secured by or a savings Federal Inter¬ Joint Stock Land Bank, shall the Corporation may make loans, or of any extension thereof by the Presi¬ credit union, Fed¬ company, commission or dent under the authority of this Act, the board of directors of the Corpora¬ to any bank, mediate Credit Bank, agricultural credit State, ments the adequately inconsistent building and loan association, insur¬ company, fee "Any such railroad tion bank, trust ance it may determine, as such fee shall be be be paid by loan under the provisions hereof in con¬ such application or any loan made or to no be made hereunder, other than such Finance proposition, with provision for applicant for of any will • that nection with any As the all are more Republican, the remaining three members a of members of the seven than four political party and not same appointed from the had Of the more Corporation the upon from or - "Provided any unable to obtain funds are through banking channels and public, secured: members ex-officio, and of four other are railways or terms Federal Farm Loan Act as amended (U. S. C., Title 12, Chapter 7, Section 781) be amended by adding a new paragraph to read as follows: Tenth, when in the judgment of the directors conditions justify it, to extend, in whole or in part, any obligation that may be or become under the terms of any mortgage, unpaid and to accept payment of any such obligation, during a period of five years or less from the date of such exten¬ of making such sion in such amounts as may be agreed upon at the date The extension. sum of $25,.000,000 of the amount authorized to be appro¬ priated under Section 5 of this Act, as amended, shall be used exclusively of supplying any bank with funds to use in operations in for the purpose place of any amounts of which such bank may be deprived by reason extensions made as President Hoover, in I am of provided in this paragraph. signing the bill, said: glad to sign the third of our reconstruction measures, that providing additional capital to the Federal Land banks. It should (a) reinforce the credit of the Federal Land Bank System and reassure investors in Bank bonds; (b) Land thus enable the banks to obtain capital for farmers at reasonable rates, and (c) above all, bring relief and hope to many borrowers from the banks who have done stances . THE NATIONAL CREDIT A call for of their honest best, but, because of circum¬ beyond their control, have been unable to temporarily make the grade. an CORPORATION STILL FUNCTIONING- initial payment of 10% of the subscriptions approximately $500;000,000 to be gold notes of the Na¬ issued on Jan. 2 by Mortimer Corporation, and who is also tional Credit Corporation was N. Buckner, Presidentof the Chairman of the New York Trust Co. Payment was called Newspaper reports stated that the cash raised through this call would be used to repay New York banks which had advanced funds to the corporation. The National Credit Corporation, it was stated, had been enabled for on Jan. 7. locally sufficient funds to cover all loans applied that time, without the necessity of issuing a call for payment by member banks of any part of their subscription to the Corporation's gold notes. A second call of 10% was announced on Jan. 15. This call was payable on Jan. 18. On Jan. 22 a third call for 10% went forth and was payable on Jan. 25, making altogether $150,000,000 called. On Jan. 27 advices from Chicago to the New York "Times" stated that the Credit Corporation had practically dis¬ continued making additional loans, although it still would function in an emergency and would hold itself in readiness until the Reconstruction Corporation was on a working basis. to borrow for up to 1 MONTHLY REVIEW This statement was credited to George M. Reynolds, Chair¬ $500,000,000 Credit Corporation, who explained that as the $2,000,000,000 Reconstruction Corporation en¬ tered the field, backed by Government funds, its ability to make long-term loans and its freedom from any drain on the banking funds of the country, there would be no need, it was held, of a further call upon the funds of the banking group. But Mortimer M. Buckner, President of the Corpo¬ ration, issued the following statement on returning from Washington on Jan. 27: 1 of the man / I have been in of communication by telephone with George M. Reynolds Chicago, Chairman of the National Credit Corporation, and he author¬ izes to say me that reports that the Credit Corporation would wind up any its affairs and turn them were over to the Reconstruction Finance Corporation ':;'U unwarranted. The fact is that there is no provision in the Act creating the Reconstruc¬ tion Finance Corporation combined with or under which the Credit Corporation might be absorbed by the Reconstruction Corporation. Under the Credit Corporation, local loan associations have been duly organized in 41 States. Subscriptions to the debentures have been re¬ of $450,000,000. Loans and commitments outstanding amount to upward of $155,000,000. Some 750 separate loans ported to an amount in excess have been made to upward of 575 different banks. The Credit so until the Corporation is functioning actively and will continue to do Reconstruction Finance Credit Corporation render such services Corporation intact and keep its organization to as may vide additional on credit in readiness to be needed in fulfillment of the original purpose for which the Credit Corporation was formed. country is fully organized and Afterward it is the purpose of the operating throughout the country. facilities when That purpose was to pro¬ needed to banks throughout the sound assets not eligible for rediscount with Federal Reserve Banks. It appeared that the National Credit Corporation had been lending freely to the failed Peoples State Bank of Charleston and other institutions in the Richmond Federal Reserve Dis¬ trict. John M. Miller Jr., director for the Corporation in [Richmond] Federal Reserve District, commenting on the failure of the Peoples State Bank of Charleston, with forty odd branches, to open for business in South Carolina, was quoted as saying the Corporation had been lending freely to the bank and was ready to furnish additional cash^ it only being necessary for the National Credit Association No. 6 of South Carolina to approve the collateral and assume its proper liability. "I was in touch over the telephone last night (Jan. 2) with officials of the National Credit Association of S. Carolina," he said, "and it appeared that the officers of the Peoples State Bank of Charleston were unable to get together promptly the collateral necessary to make additional advances. The Peoples State Bank and its forty odd branches are scattered over the entire State of South Carolina, which made it diffi¬ cult, if not impossible, to get together promptly the securi¬ ties necessary for additional large sums, which would be necessary to carry on the business of its forty odd branches." "The Association," Mr. Miller said, "already has lent sub¬ the Fifth stantial amounts to banks in various sections of the district, averting threatened embarrassment, and is prepared to render similar assistance to other banks when necessary , on sound collateral." "The Corporation," said Mr. Miller, "is anxious to lend to banks needing assistance, but 'when applying banks delay to the eleventh hour and fifty-ninth minute it is sometimes impossible to render assistance in time to meet the emergency,'" comfort from the the railroad adoption by the United States Senate on Inter-State Commerce study the feasibility of the six-hour day in world. The resolution was offered by Senator Couzens the Jan. 22 of resolution calling on the a Commission to of Inter-State Commeree Committee of the which earlier had approved it Senate Commissions Couzens said unanimously. The requested a report by Dec. 31 1932. Mr. that reports had come to him from the Chicago conference between the railroad brotherhoods and the road Presidents that if Congress took some interest in the six-hour day an agreement might be reached between the contending parties. Mr. Couzens stated that he had been informed that the principal point of difference at the Chicago conferences was the six-hour day and there was a lack of information as to the effect the shorter work day would have on. railroad conditions. / ,'s"• • ;£'■<\.V•" It is estimated that the 10% reduction in wages will involve a saving of $210,000,000 to $215,000,000 a year to the railroads and one of the things that the labor chiefs requested of the railroads was what the latter meant to do with this saving—this notwithstanding that the Presidents had submitted statistics showing that the gross earnings of the roads for the calendar year 1931 were estimated at only $4,259,000,000, against $5,342,957,046 for the calendar year 1930 and $6,360,303,775 for 1929, showing that in the two years the gross revenue of the roads had suffered a reduction in amount of over $2,000,000,000. As to the net results of operation the net railway operating income for 1931 was only $534,000,000, against $1,274,595,403 in 1929. In other words, the 1931 net (out of which fixed charges have to be met) was $740,000,000 less than the amount two years before. And yet the labor chiefs asked the roads to justify a wage reduction that would make good only $210,000,000 of this huge loss in net. Mr. Willard also showed that 72 railways had in 1931 failed to earn their fixed charges and said, that unless the net earnings could be increased, the number in 1932 would inevitably be much larger. Mr.. Willard also noted that in 1932 $405,000,000 of railroad mortgage bonds, equipment trust obligations and other loans will fall due and that the obligations must be satisfied to avoid bankruptcy. Originally there were 21 unions or brotherhoods engaged in the negotiations, but the latter part of the month representatives of the International Long¬ shoremen's associations decided to negotiate separately with the roads with which they have contracts and were permitted to withdraw, leaving 20 different labor organiza¬ tions at the conclusion of the negotiations. At the separate sessions of the different brotherhoods some 850 to 1,200 labor , chiefs in attendance. were As to the nature of the agreement finally entered into, the following is the text of the unions' acceptance: After painstaking review of the proposals and arguments which have a been ably and forcibly presented in behalf of the railroads, we feel com¬ pelled to reiterate our previous opinion that as a matter of pure right and justice the railway employees could not be called upon to agree to a 10% reduction of their meager earnings. Nor do to be we wish to give any assent to the theory that wage regarded ordinarily as purchasing reductions are the appropriate means to promote prosperity. We cannot believe that the public welfare is advanced by reducing the power of labor. But, with profound a represent and to our sense of responsibility to the workers whom we country, we have weighed the urgent needs of the railroad RAILROADS LABOR EVER REACH FOR A ATs CONTINUING TERMINATE AGREEMENT REDUCTION FOR IN ONLY AUTOMATICALLY YEAR. PAY A WITH OF 10%, SINGLE AT THE UNIONIZED THIS YEAR END HOW¬ AND OF / In the whom possible. In the meantime rare patience under the leadership of Daniel Willard of the Baltimore & Ohio RR. and indulged the whim of these labor chiefs to the utmost, confident that at the end they would bow to the inevitable. As to the demand for a 6-hour day, labor got considerable gave way with the best railroad Presidents grace showed a our action may improve the health of our industry, revival of business, and may advance the general welfare, we represent, that: Ten per cent shall be deducted from each pay check for a period of one beginning Feb. 1 1932. year, Basic rates shall remain as at present. This arrangement shall terminate automatically Jan. 31 1933. Replying in behalf of the railroad presidents, Mr. Willard, said: We fully appreciate your co-operation, patience, tactfulness and patriot¬ We men on this side realize that you have had a difficult problem to two parties. David B. Robertson, the head of the Firemen's Brotherhood, acted as spokesman for the labor executives and he proved himself an adept in sweeping aside the array of figures and statistics which the railroads presented in support of their position at the request of the labor executive themselves. He argued for a six-hour day, tried to exact from the railroad Presidents a promise of larger employ¬ ment (in face of the fact that there was no traffic to move that would warrant the employment of additional forces of men, the absence indeed of the customary volume of traffic being the cause of the extremity to which the roads had been reduced) and brought forward various other proposi¬ tions which if adopted would have caused further embarrass¬ ment to the roads instead of providing the relief of which the carriers stand in^such sore need. This kind of thing went on day after day until it seemed almost hopeless to reach a settlement, but all the time these labor leaders were aware that public sentiment would not support them if they refused to make the concessions required, so in the end they hope that stimulate have decided to accept the proposal of the railroads to the employees we parleys consider statements and counter-statements from the improve the co-operative relations of management and employees, may may beginning of this article, the long con¬ between the railroad executives and the chiefs of the different labor unions for a lowering of the scale of wages came to a successful conclusion on the last day of the month Sunday, Jan. 31, late at night. The deliberations began on Jan. 14 and were continued thereafter with occasional intermissions of a day or two to deal with new snarls that were constantly arising and to take up and the railroad employees. TO THAT As stated at the tinued industry and the demands of the public welfare in this present unparalleled situation against the individual sacrifices requested of the ism. contend with. You might have delayed this take a long and tedious there is course agreement for months and forced us which would have left bitterness where to now friendship and harmony. Even so, you would have been following the law set down by Congress providing for and took a an unwieldly settlement of our problem. But you recognized great opportunity to join in a constructive movement. I wish to emphasize our sincere admiration for the remarkable you I displayed, and I know I voice the sentiments of am going to ask them together we say now to my leadership colleagues. rise in token of their esteem for you and to you Ave thank you. The other presidents arose and bowed as the audience of union executives and the union chiefs broke into applause. "I believe that this is the first time in history that so many and so much capital has been involved in negotiations men of this sort," Mr. Willard added. following further statement: In reaching an agreement Mr. Robertson made the Avith the railroads the employees were strongly \ influenced by— 1. A desire to do all within their power to aid in lifting the nation out of the worst 2. depression of business we had ever experienced. A desire to show the capacity of organized labor to do a big thing in constructive way to advance the general welfare, even at the expense of Dersonal sacrifices that would deter narrow-minded persons. ' *■ /, a 3. A desire to encourage our friends, and not to encourage our enemies in the railroad industry and elsewhere. n 25% WAGE CUT EFFECTIVE MAY 1 ANNOUNCED BY BUILDING \ REVIEW MONTHLY A reduction of 25% in the of all classes of workers wages employed in the building industry has been decided upon by the Building Trades Employers' Association, it was an¬ nounced by Christian G. Norman, Chairman of the Board of Governors of the organization, on Jan. 27, at the 36th annual convention in New York City of the New York Association State Builders. of The "Herald York New in merchant iron which offset a minor improvement in the steel-making grades. TRADES EMPLOYERS' ASSOCIATION OF NEW YORK. Steel ingots The having been a gain in steel ingots of 8% against 5% Age" estimate of January pig iron output is 972,784 gross "Iron 980,376 tons, or 31,625 tons tons, or 31,380 tons a day, against December. The in loss active furnaces during the month, 30 trade groups Jan. on 1. indicating that some furnaces operated - , affiliated with the association are to meet next The pig Wednesday afternoon at 2 Park Avenue to vote formally on the proposed have already considered the reductions Some of the groups which cuts. effective May 1, when the current contracts with the will be affected. About 125,000 workers employees expire. Norman said that regardless of whether the em¬ ployees resist the cuts, the members of the builders' organization have de¬ termined to stand together as a unit to carry out the that up-State cities had reached agreements in the building industry seven providing for wage cuts of 20%, that others were planning to follow suit, preparing put the reduction into effect with formal adjustments at the expiration and that where to Of present and ingot output no agreements can be reached the operators were contracts. , Bricklayers to $12. Oct There a carvers all bricklayers, stone and others of similar classification as outside workers, who have receiving $15.40 a day, are to receive under the new cuts around $12 a day. Inside employees, such as asbestos tile setters, who have been workers, carpenters, plumbers and receiving in excess of $14 a day, will be given Plasterers, who have previously been classed as outside around $10 a day. workers and have been getting $15.40 a day, are now to and to receive the $10 workers been a be listed as inside declined to 28% from 29% last week. sharp distinctions, however, in activity. At least three plants running at 50% or higher, yet there has been a decline Pittsburgh district to 22%, and the mills in the Valleys are also on Some steel companies last month sold less stee shipped less than in December, while others had fairly good gains. The "Age" made the composite price of finished steel 2, 2.037c. a pound, against 2.052c. on Jan. 5; the composite price of pig iron $14.65 a gross ton, against $14.79 Jan. 5 and the composite price of steel scrap $8.33 Feb. As noted above the averaged only 28 at 29c. of capacity January, showing thus only a slight improve¬ ment as compared with the low record in December during the Christmas holidays of 21 %. In January of the previous year there was an improvement to 48% of capacity, against "30% in the Christmas holiday immediately preceding. ton against $8.50 on Jan. 12. gross steel mills of the country at the end of $10.12 a day; masons' helpers, THE COURSE getting $9.90: concrete workers' helpers, getting $9.35; and all others in the general labor classification, who have been receiving $8.15, are now all to be flat $7 a day. a with a 12% rise in steel-making, iron This week the steel ingot rate for the day wage. Plasterers' helpers, who have been getting reduced to are lower basis of output. and a In accordance with Mr. Norman's announcement, advanced 19%. in the country are in the reductions. Getty, President of the Builders' Associations, reported William J. T. iron4 figures and this week's reports on steel-making operations In January entire country has Mr. 28%. evidence of the absence of the usual seasonal recovery. 1931 pig iron production gained 3%, privately, it was announced, have approved them. The reductions, said Mr. Norman, are to become are in / On,Feb. 1 there were 61 furnaces in blast, Bate Note at The a day, production occurred despite a net gain of five with the blast slowed down. against 56 Tribune'' of Jan. 28 further said: and pig iron do not always move in unison, as recently as last November there reduction in pig iron. OF THE NON-FERROUS METALS. The non-ferrous metals were all maintain in face of an dull, with prices hard to absent demand, and with the price of quite weak at the close of the month. On Jan. 29 export prices dropped below the domestic equivalent into effect was reached at a copper private meeting of the Board of Governors of the Employers' Association copper last pound c.i.f. Hamburg, This was the first time in the history of Copper Exporters, Inc. that the foreign price fell below the domestic. The regular price for export copper was 7^c. per pound and the domestic price 7^c. a pound although a few sales were reported at 7 lAo>. Now New York "Evening Post," in discussing this development, Mr. Norman said the decision to put the cuts when customs smelters Wednesday. "This reduction of approximately 25%," he declared, wage a scale down to that of 1923. strike We don't know if we are going to have May 1, but one thing is certain, the members of the on Association will stand together as a unit to carry the To-day , one can get of heart "would bring the the Employers' reductions into effect. plenty of bricklayers for $7 or $8 a day right in the city." Mr. Norman offered a survey of business and labor conditions throughout asserting that New York City to-day has the highest the State, building that the present contracts running from August 1929 until April 30 of this year, will be allowed to trades wage run their scale in the country. course He added of the amicable because relations which he said have The two parties, he added, have always respected their contracts. In addition, he added, there was a very small amount of building going on at the present time. After the formal voting takes place among the affiliated groups next existed in the past between the Wednesday, Mr. wages employers and the unions. Norman said no contracts with labor will be made at higher than those announced yesterday. difficulty in this direction. labor," organized advocate a Mr. Norman explained a "You can't negotiate reductions in wages with he declared. "No officer of a union could afford to Positions reduction of wages because he might as well resign. at the head of union groups are at the head of a union when being shunned because no one wants to be this reduction becomes effective." Many Already Work at Cut. / The announced decreases are understood to have created little surprise in the labor world, since it had been generally known that large numbers of the union workers had accepted work where they could get it at the best wage possible/ and that because of the lack of opportunity and keen com¬ petition the pay accepted has ranged in cases from 10% to 30% below the union scale. STATE OF TRADE. situation was as follows: increase, having, in decreased 0.8%, but apparently this loss was caused by a decline a the hands of custom smelters the tonnage of accumulated metal is disposed of the price automatically returns to the 7^c. level. This clause was inserted in the rules to give relief to custom smelters who must as shipped to them for smelting on whether they have an immediate market or early part of the month approval by directors of Copper Exporters, Inc. of revised marketing rules resulted in strengthing domestic prices for the time being ,Jaut this did not last long. In the New York market electrolytic copper was advanced from 7c. to 7!^c. on Jan. 11 and to 7kic. on Jan. 12, but the price dropped back to 7He. Jan. 20 which was the price the rest of the month. Lake copper was advanced from 7^sc. to 73^c. on Jan. 11 and to 7^c. Jan. 12. The price of tin moved within a narrow compass, with the quotation on Jan. 4, 21.10c. and Jan. 30, 21.70c. Lead at New York ruled at 3.75c. throughout the month. cash for the copper pay custom account not." In the AND ITS PRODUCTS—MARTIAL level was maintained at a pretty nearly result of the restriction policy pursued in production Petroleum even LAW RESTRIC¬ HELD UNCONSTITUTIONAL. TION IN TEXAS as a producing states, the daily average produc¬ Dec. 26 having been 2,292,900 barrels; for the week ending Jan.2, 2,209,100 barrels; for the week ending Jan. 9 2,234,200 barrels; for the week ending Jan. 16 2,193,450 barrels; for the week ending Jan. 23 2,161,500 barrels, and for the week ending Jan. 30 2,170,800 barrels, but there seemed to be some concern as to the out¬ come of an action in the Federal Court to set aside martial law which Governor Ross Sterling has been enforcing in the east Texas oil fields in order to limit the output of oil. There were the usual price changes in different parts of the country, which however were less important than those in some other recent months. In the following we show the several of the oil tion for the Week ending leading changes of the and in the refined month both in the case of crude oil products. Crude Oil. Jan. 8.—Magnolia for basis of purchasing Mid-Continent crude. Refining Co., Kentucky, reduces prices of oil in its Petroleum Co., Mid-Continent buying subsidiary Socony-Vacuum, adopts gravity Jan. 18.—Stoll Oil lines 15c. per barrel; new price 60c. per barrel. Gasoline and Kerosene. Jan. wagon 4.—Standard Oil Co. of Ohio announces lc. reduction in tank gasoline prices in Ashland County only. New prices at service below State-wide structure of 21c. for Sohio and 18c. for X70. stations are lc. Jan. 9.—Standard Oil Co. service station of New York advances tank wagon and gasoline prices at Providence. Jan. 14.—Standard Jersey reduce tank car Jan. Although steel ingot production is believed to have made a slight gain "accumulations in that no in January over December, pig iron output failed to fact, said quoted to foreign buyers. prompted them to avail themselves of the clause in the neV rules of Copper Exporters which permit the sale of surplus stocks abroad at whatever prices they will bring. As soon PETROLEUM improvement in the state of trade and business during January. If there was any change at all it was a change in sentiment, based perhaps on the hope that with lower wage costs for the railroads, confidently counted upon all through the month, but which was not definitely agreed upon until Sunday night, Jan. 31, and with the Reconstruction Finance Corporation established to pro¬ vide much new capital in many of the country's different fields of activity, the indications appeared to be bright for a better state of things in the near future. "A perceptible improvement in business sentiment has appeared since the beginning of the year," said the Guaranty Trust Co. of New York in "The Guaranty Survey," its monthly review of business and finance, published Jan. 25. "Thus far there is no definite evidence to show that the better feeling has been based on actual increases in production and trade, except in certain industries where the suspension or curtail¬ ment of operations at the year end is always followed by expansion in the ensuing weeks." The "Iron Age" in its issue of Jan. 21 spoke of the "slowness of steel to reflect the usual seasonal influences," which ordinarily make for greater activity in January, said that delays in certain developments were at least in part responsible for this. The automobile industry was to some extent marking time, pending the final disclosure of the new Ford model, the release of some expected railroad buying was undoubtedly held back by the prolonged negotiations over railroad wage reductions and a good deal of public construction work that has been authorized was in abeyance because of financing difficulties. In its issue of Feb. 4, bringing conditions down to Tuesday, Feb. 2, the "Iron Age" discussed the steel There London Havre and Co. of New postings He. to 6c., local refineries. and kerosene prices 16.—Standard Oil Co. of Ohio reduces gasoline New prices are: Sohio Ethyl 19c., service station, service station, 15He. tank wagon. Green gasoline 14c., service station; kerosene 11 He., service station. throughout territory. and ! j '.ISr. Oil Co. of New York and Standard Oil 18 He. Renown tank wagon; X-70 16c., MONTHLY Jan. 18—Colonial Beacon Oil reduces Co. tank car gasoline prices He. per gallon to 6c. Jan. 18.—Texas Oo. reduces tank car Jan. 19.—Gulf gasoline prices He. per gallon to 6c. Refining Co. reduces tank car gasoline prices He. to 6c. per gallon. tank car gasoline Boston; 7c. at Portland, Me. In northern Maine tank wagon and service station prices were reduced lc.; tank wagon and service station prices in Massachusetts, Rhode Island, southern New Hampshire and southern Maine were ad¬ Jan. 20.-~Standard Oil Oo. of New York advances prices He. to 6Hc. at New York; 6Hc. at Providence and vanced lc. per gallon. Jan. 20.—Sun Oil Oo. advances and southern ' Maine. Jan. 21.—Texas Co. advances to tank wagon and service station prices Rhode Island, southern New Hampshire lc. per gallon in Massachusetts. tank car gasoline prices He. per gallon 6Hc. Jan. 21.—Colonial Oil Beacon Co. advances tank car gasoline prices He. to 6Hc. Jan. 21.—Gulf Refining Co. advances tank car - , gasoline He. per gallon to6Hc. Jan. 21.—Standard Oil Co. of Ohio advances kerosene • its territory lHc. a gallon, wagon ' prices throughout making new service station price 13c., tank prices unchanged. ; Oil Co. of Ohio reduces gasoline prices Jan. 22.—Standard Hamilton in County, including New Cincinnati. Ethyl 15c. for X70 and 13c. for Renown prices lc. a gallon 18c. for are Grjeen. lc. per gallon Test, 21c.; Ethyl, Oil Co. of Kentucky reduces gasoline Jan. 26.—Standard in northern Kentucky. New station prices are: High 20c.; Crown, 17c. Oil Co. advances $ank car price gasoline lc. gallon and tank wagon prices 2c. per gallon at Houston, Tex. reduction was caused by local competition and does not effect the This per State¬ wide structure. Jan. 30.—Standard Oil Co. of Ohio County. Magnolia Pete and Shell Oil met the cut Refining Co. of lc. per gallon gallon at Houston. before by the Humble Oil & and tank wagon THE advanced tank wagon and service 1 cent a gallon in Hamilton 30.—The Texas Corp., made the day price 2c. per TEXTILE MARKETS—THE LAW RESTRICTIONS IN TEXAS HELD TO The textile markets were FOR COTTON BE ILLEGAL. quiet and on the whole dis¬ appointed, owing to the absence of the demand looked for by many with the change of the year. The bargain sales arranged to get rid of accumulated stocks and which in recent years have become a feature during January, proved less satisfactory than usual in the great majority of cases. The weather, which was unusually warm for the season, retarded the sales of seasonal goods. Plans developed for further curtailment of certain lines of goods. A favorable feature of the month was the upward trend in the price of cotton. Spot cotton at New York as against 6.25c. Jan. 4 sold up to 6.85c. Jan. IS and closed Jan. 30 at 6.80c. Print cloth at Fall River for 28 in. 64 x 60 were marked up from 2% to 2%c. Jan. 1, to 2 %c. Jan. 28 and 3c. Jan. 30. The Census in its report issued at Jan. 14 showed that the amount of cotton consumed in the United States during December 1931 had been 415,517 bales of lint and 44,491 bales of linters, compared with 405,518 bales of lint and December 1930. What helped the price of cotton was the fact that owing to the low market prices planters were holding back their cotton instead of letting it go to market. This is evident from the fact that total receipts from the plantations from Aug. 1 to Jan. 29 1931 were 8,637,353 bales and that this compares with 8,323,158 bales in the same period of 1930-31, and 8,256,695 43,522 bales of linters in bales in the corresponding period in 1929-30, showing only moderate mcrease while the d-op is estimated as being nearly 3,000,000 bales larger than that of 1930 and the ginning report, issued on Jan. 23 showed that 15,992,294 bales of cotton had been ginned up to Jan. 16 1932 as against 13,594,388 bales in the same period of the previous year and 14,176,936 bales ginned to the same date two years ago. The statistical report made public Jan. 11 by the associa¬ tion of Cotton Textile Merchants in New York showed that production of goods during December had amounted to 254,692,000 yards, which was 12% less than the rate of production during the month of November. Shipments during December were 237,834,000 yards, equivalent to 93.4% of production. Sales amounted to only $204,916,000 yards, equivalent to no more than 80.4% of production. The further statement was made that "while shipments and sales seldom equal production during. December because of the reluctance of purchasers to increase their year-end in¬ ventory, both of these items were substantially greater than during December 1930—shipments being 5% more and sales 12 % more.'' Stocks on hand at the end of the month amount¬ ed to 290,248,000 yards, representing an increase of 6.2% during the month. Unfilled orders on Dec. 31 1931 were 322,039,000 yards, representing a decrease of 9.3 % during the month. Both shipments and sales for the calendar year 1931, it is stated, were substantially in excess of production, Sales for 1931 amounted to 2,891,229,000 yards compared with 2,774,712,000 yards for 1930. It is also stated that during 1931 stocks were reduced 73,714,000 yards, equivalent to 20.3%; and unfilled orders increased 33,083,000 yards, equivalent to 11.5%. It is evident from these figures that if the cotton goods market did not come up to expectations, at least it was not altogether devoid of favorable features. Uncertainty developed as to the effectiveness of the laws passed in many of the Southern States for the restriction of cotton acreage during the coming season. An Associated Press dispatch from Jackson, Miss., Jan. 20 said that the Missis¬ sippi's cotton acreage reduction law which was enacted at a a planting to would be "the essence of tyranny and destructive of the fundamental principles of free Government, would violate sacred guaran¬ The law undertook to restrict cotton permit. 30% of 1931. Judge Davis declared its enforcement tees of our Constitution and would make the bill of rights a nullity and a farce." It had been previously indicated, how¬ ever, that the bankers would enforce a restriction policy even, if the courts failed to uphold the law. very COURSE OF THE of gasoline He, gallon for above 65 octane at New York Harbor. Jan. 29.—Humble Oil & Refg. has reduced retail price of Jan. special legislative session last Autumn automatically expired on that day. The provisions of the law called for automatic repeal if a majority of cotton growing States failed to pass similar legislation. Only Texas, Arkansas and South Carolina besides Mississippi passed similar laws. It later developed that just before departing for Washington to be seated in the Senate, Governor Huey P. Long of Louisiana repealed by proclamation the cotton holiday law passed at his request the previous Aug. 23 at a special legislative session. In Texas a suit was pending attacking the validity of the law in that State designed to restrict cotton production. Immediately after the close of the month a decision was rendered in that suit declaring the law invalid. The law was held unconstitu¬ tional, null and void in a ruling by District Judge! W. C. Davis. He denied an injunction sought by County Attorney T. L, Tyson to restrain Fred L. Smith a farmer from using more of his land for cotton than the restrictive measure would , Jan. 29.—Tide Water to 6Hc. per station prices 3 REVIEW SILK AND RUBBER MARKETS. prices failed to show any recovery and the crisis in affairs which developed the latter part of the month, when Japan extended its military operations into the Shang¬ hai area, necessarily introduced anew element of disturbance, both sellers and buyers being completely at sea as to the course of prices for the immediate future. On Jan. 30 Japanese double extra 13-15 deniers were quoted at $1.87 @ $1.90, against $1.85 @$1.90 Dec. 31; $2.20@$2.25 on Nov. 30 and also on Oct. 31, and comparing with $2.25@$2.30 Sept. 30; $2.50@$2.55 on Aug. 31; $2.30@$2.40 on July 31; $2.35@$2.40 on June 30; $2.22 3^ @$2.27 H May 29; $2.35© $2.40 April 30; $2.55@$2.65 March 31; $2.70@$2.75 Feb. 28 and $3.85 @$2.95 Jan. 311931, and $4.70 @$4.75 on Jan. 31 1930. In the 20-22 deniers, Japanese crack double extra were quoted at $1.95@$2.00 Jan. 31, against $1.85 Dec. 31; $2.30@$2.32H Nov. 30; $2.10@$2.15 Oct. 31; $2.25@$2.35 Sept. 30; $2.45@$2.55 Aug. 31; $2.25@$2.30 July 31; $2.40@$2.50 June 30; $2.07^@$2.12^ May 29; $2.25@ $2.30 April 30; $2.50@$2.60 March 31; $2.65 @$2.70 Feb. 28; $2.85@$2.90 Jan. 31 1931 and $4.60@$4.65 on Jan 31 1930. Crude rubber while showing considerable irregularity touched new low levels during January on statistics placing the world supply of rubber at the close of 1931 at the record figure of 625,000 tons said to be approximately equivalent to a year's supply. There was some recovery later, on the visit of a number of representatives of the Dutch growing industry to Government offices at The Hague to discuss the policy of restriction. On Jan. 19 the price touched a new low level of 4%c. In the New York market ribbed smoked sheets for spot delivery were quoted Jan. 30 at 4 5-16@4 7-16, against 4 13-16c. bid and 4 15-16c. asked a pound Dec. 31; 4 5-16@4%c. on Nov. 30; 4 9-16 @4%©. Oct. 31; 4^@4%c. Sept. 30; 5@5%c. Aug. 31; 5%@5%c. July 31; 6 13-16@6 15-16c. June 30; 63^c. bid May 29; 5%@6c. April 30; 6%@7c. March 31; 7%@7%c. Feb. 28; 7%@8c. Jan. 31; 8%@8%c. Dec. 31 1930, and 15%@ 15%c. Feb. 28 1930. Raw silk COURSE OF ADOPTS COFFEE AND SUGAR PRICES—SENATE RESOLUTION PROVIDING FOR DISTRI¬ GRAIN, CAPPER BUTION OF GOVERNMENT-OWNED WHEAT FOR RELIEF PURPOSES. Grain again moved within narrow limits, with prices gen¬ erally a trifle lower at the end of the month than at the beginning, though in the case of wheat most of the options were slightly higher. At Chicago the March option for wheat opened on Jan. 4 at 54%c. and closed Jan. 30 at 56c. In the meantime the price was 53%c. Jan. 4 and as high as 59%c. Jan. 18. The May option for wheat in Chicago showed an opening price of 56 %c. Jan. 4 and a closing price Jan. 30 of 58c. At Winnipeg, on the other hand, the May option, for wheat showed an opening price Jan. 4 of 63 %c. and a closing price Jan. 30 of 62%c. March corn at Chicago opened at 39%c. Jan. 4 and closed Jan. 30 at 38c. and the May option an opening price Jan. 4 of 41 %c. with a closing price Jan. 30 of 40%c. May oats in Chicago had an opening price Jan. 4 of 26%c. and a closing price Jan. 30 of 25%c. The U. S. Senate without a record vote adopted on Jan. 4 the which authorized "a distribution of American National Red organizations for the relief of people in Capper resolution Government-owned wheat to the Cross and other distress." The resolution proposes the distribution of 40,- 000,000 bushels of wheat tion "or as much thereof of the Grain Stabilization Corpora¬ as in the judgment of the President in providing food for the needy and distressed people of the United States." Coffee prices did not change greatly during January, though continuing to move slightly higher. Notwithstand¬ ing that Brazil continued its policy of coffee destruction, the may be needed world's visible ... . . supply of coffee on Jan. 11932 was 34,695,599 the highest figure in history, according to statistics released by the New York Coffee & Sugar Exchange on bags, or Jan. 15. No. 7 Rio for spot delivery.was quoted at 7%c, MONTHLY EEVIEW Jan. 30, against 7@7^c. Dec. 31: 6j^@6^c. Nov. 30; 5%@6c. Oct. 31; 5^c. Sept. 30; 5^@5%c. Aug. 31; 5^@ 6c. July 31; 6J^@7c. June 30; 6^c. May 29; 63^@6%c. April 30: 53^c. March 31; 5^@5%c. Feb. 28; 6%c. Jan. 31, and 7M@73^c. Dec. 31 1930. No. 7 Santos was 8%c. Jan. 30, against 8@8^c. Dec. 31; 73^@7^c. Nov. 30; 73^c bid Oct. 31; 6J^@7c. Sept. 30; 6%@6%c. Aug. 31; 7}^@7Kc. July 31; 8^@9c. June 30; 8^@8Mc. May 29, and the same figures for April 30; 7%@8c. March 31; 7%@8c. Feb. 28; 8%@9c. Jan. 31; 8M@9Mc. Dec. 31 1930, and 11^. Oct. 31 1930. : Sugar developed further weakness and Cuban raw sold down to 1.08c. on Jan. 22 againsb 1.20c. at the close of December. The wholesale price of refined sugar was marked down on Jan. 13 by the leading refineries in this city from 4.20c., the price which had prevailed since Dec. 10, to,4.15c. With his return from Europe on Jan. 13 Thomas L. Chadbourne, the author of the Chadbourne plan for stabilization of the world's sugar industry, issued a statement with regard to the conference in Paris of the International Sugar Council, and indicated that on Jan. 5 the conference adjourned for tions, Jan. 25, The weeks assemble to additional data. The results of the workings of the international agreement in the of its operation firs b year brought out at the Paris conference, were according; to Mr. Chadbourne, who expressed the belief that further limitation both on and production would export be made. "The countries whose production and export constitute a still problem are," said Mr. Chadbourne, "Cuba Java." and Earl D. Babst, Chairman of the American Sugar Refinery Co., declared on Jan. 18 on arriving in Cuba that the most serious menace to the island now was the im¬ portation into the United States of refined sugar from Ger¬ many and England. He also pointed out that shipments of refined sugar from Cuba to the United States increased demoralization of raw sugar prices in the United States market. Japanese demands series and Foreign Minister of conferences were repeated and discussed between at. a Consul-General Japanese Mural and General Wu Te-Chen, Mayor of the Chinese areas of Shanghai. Mr. Murai declared, Jan. 25, that he would a satisfactory answer to the Japanese demands, threatening "necessary and appropriate measures of self-protection" if such a reply was not forth¬ coming. Late Jan. 27 Mr. Murai presented a "final" ulti¬ wait "reasonable time" for a matum to General Wu, demanding action on the part of the Chinese authorities before 6 p. m. the following day. Gen¬ eral Wu responded with an order for the suppression of > some of Premier Sun Fo, Eugene Chen. anti-Japanese associations. made, was Mr. Murai having indicated that this has not been An acceptable direct reply also the Tokio Government both and the case, although the text was divulged. Additional Japanese ships arrived in the meantime, and troops were landed, and it was estimated that 4,000 Japanese marines and sailors were on duty in the area of more International the Settlement regularly patrolled by them troops had been sent down from Nanking, however, reports indicating that 25,000 were assembled in the native city of Shanghai. Notwithstanding the reply of the Chinese to the ultimatum, Admiral Shiozawa on Jan. 25. issued Crack Chinese statement a Thursday evening which indicated that drastic action would be taken by the Japanese. In addition to their normal patrol within the International Settlement, he Japanese said, landing parties would be distributed throughout Chapei, the Chinese portion of the city immedi¬ ately north of the international area. It is "absolutely im¬ perative" for all Chinese troops to evacuate Shanghai im¬ mediately, he added. Shortly before midnight, Jan. 26, Japanese warships shelled the Chinese forts at Woosung, defending Shanghai. Eight minutes after midnight, Japanese troops made a con¬ ceited move from the streets of the International Settlement LOW PRICES FOR HOGS AND STEERS. Reports from Chicago indicated that average prices of hogs for the last week of January and for the month of January were the lowest in 34 years, as receipts continued heavy and demand remained poor. The average for the week ending Jan. 30 at $3.88 a hundred weight was 5c. below the $3.93 of the preceding week and compared with $7.47 in the same week of 1931. January average was $4, the lowest for the month since 1898, and compared with $7.65 in the previous year. Average price at Chicago of all grades of beef steers sold during the week ended Jan. 30 out of first hand for slaughter was $6.45 per hundredweight, against $6.38 a week earlier, $9.17 in the corresponding week of 1931 and $11.29 the three-year average for the corresponding week. THE FOREIGN DEVELOPMENTS—THE SHANGHAI toward politi¬ extraordinary degree during January, not of the Sino-Japanese clash which developed an only because the end of the month, but also hours later saying that most of Chapei hands, this proved erroneous. was in Japanese The important North Station, not far from the Settlement boundary, was stubbornly held by the Chinese forces, and the Japanese were repulsed. Air¬ planes from the ships in the harbor were brought into action early Jan. 27, and bombs were dropped at regular intervals' the Chinese city, and particularly on the North Station Fires were started by the bombs in various parts of Chapei, and these spread steadily and on and the contiguous area. merged until the whole of deaths numberless was area in flames, civilians. Chinese A causing the for the truce cessation of hostilities was arranged Jan. observed at 29, but it was not first, and the fighting continued through Jan. 30. The Chinese authorities warned the foreign officials of the CRISIS. The Far East held the interest of the business and cal worlds to into Chapei, where heavy fighting immediately started. Although the Japanese headquarters issued a statement two account of the International Settlement that they "would be forced to occupy the Settlement area unless influence were used to put an end to the occupation of Chinese territory by the Japanese. Japanese troops, forced back to the International Settle¬ ment area, set up aims Valley followed fast upon the realization of all Japanese in the Manchurian military adventure, and they are their machine guns in some of the most important streets of the Settlement, and cleared the streets of milling Chinese people by firing down the walks. Japa¬ nese civilians were given arms to reinforce the weary marines and sailors, and these exceeded their authority seriously, reports said, also exceeding the boundaries allotted in great part due to the Manchurian affair. The occupation of Manchuria was completed by the Japanese forces on Jan. on .civil disobedience campaign in India, which was resumed in •the opening days of the year. Difficulties between China and Japan as they have now developed in the Yangtze Jan. 7, or somewhat less than four months after the "inci¬ dent" north of Mukden on Sept. 18 last, which was the signal for the advance. Throughout the later months of last year Chinese resentment was keen at the unopposed advance of the Japanese troops, and a fall of the Nanking Government followed, which brought the Cantonese faction of the Kuomintang into power. pression also in other ways, Chinese fashion of The resentment found ex¬ particularly in the proverbial huge organized boycott against Japa¬ nese goods. Japanese susceptibilities were seriously offended, moreover, when, on the occasion of the attempted assassination of pressed regret came to a Emperor over Hirohito, Chinese the assassin's lack of journals success. ex¬ Matters to Japan for protection. 31 where such Several instances civilians marched were into the reported section patrolled by American forces, who promptly arrested the over-zealous Japanese. Fears were general for a time of a Chinese military attack on the portion of the Settlement area held by the Japanese, and surmise by an artillery some color was given this bombardment of the area. For¬ tunately, however, there was no general movement by the Chinese troops, and matters began to quiet down on Feb. 1. On the latter date, however, a new complication arose in a bombardment of Nanking, the Chinese capital, by Japanese vessels, which gave no warning of their intentions. China had moved its capital to Loyang, in the interior, in anticipa¬ tion of this action. Although it was rumored for a time that China would declare war on Japan, Government offi¬ head, finally, when five Japanese monks were Shanghai and seriously injured, Jan. 21, one of the monks dying as a result. Reprisals followed on the part of a Japanese patriotic association in the Shanghai inter¬ These incidents occasioned much anxiety in foreign capi¬ tals, with the result that rather strong joint representations were finally made by the United States and Great Britain, national settlement, and a tense situation speedily developed. The events that followed at Shanghai in the final neutrality and the protection of the International Settlement of the month at a assaulted in days are confused and uncertain, with the accounts conflicting sharply, It is certain as they always do in such circumstances. that Rear Admiral Koichi Shiozawa, Com¬ Japanese fleet regularly stationed off Shang¬ hai in the Whanpoo River, received authority from his Gov¬ ernment to put an end to the anti-Japanese demonstrations and the boycott. The means used by the Japanese naval mander of the ^ officer proved highly unfortunate from every viewpoint. Indeed, it seems hardly an exaggeration to state that the Shanghai incident, as it developed, was due to the mistaken judgment of Admiral Shiozawa. He demanded, entire correctly enough, that anti-Japanese organizations cease presented, late Jan. 22, an ultimatum functioning, and threatening action if this were not done. Numerous ad¬ ditional Japanese warships arrived at Shanghai at the same time, giving considerable point to the demand. Chinese uncertainty as to procedure was reflected in the resigna¬ cials asserted Jan. 31 that this would not be done. at Tokio. First endeavors Shanghai, and point by Japan. a more were assurances directed were to readily securing the given on this Great Britain appeared unwilling to take decided attitude at first, owing to the stern attitude adopted by that country in 1927, as a matter of self-protec¬ tion against Chinese boycotts and violations of treaty obliga¬ tions. As the Shanghai situation became more serious, how¬ ever, both Britain and the United States announced the dis¬ patch of important naval and military units to Shanghai from the nearest available points. It was indicated Feb. 1, that a vigorous verbal protest was lodged at Tokio by the American and British Ambassadors against the Japaaction in China, and it was understood that Italy associ¬ ated herself in this step. Foreign Office officials in Tokio moreover, nese stated, thereafter, in Japanese that there was no reason for a change policy. These events far overshadowed the earlier in the month, which followed developments in India, soon after the return , MONTHLY , of Mahatma Gandhi from the India in London. of Round Table Conference While Mr. Gandhi repressive ordinances was was en route a passed by the Government at Delhi, making applicable in Bengal and other areas measures that had been applied previously only in the North¬ west Frontier Province. On his arrival at Bombay, Dec. 21, Mr. Gandhi promptly urged the Viceroy, Lord Willingdon, to repeal the measures. An exchange of messages followed, Willingdon brought to a can be subject to imposed under the can declaration nor Government have sought to be taken after most rendered of promptly done. Mr. Gandhi was arrested, together with other leaders of the movement, and Sporadic disorders con¬ Governments for a conference an actual end of debt idea was Lausanne month, and formal steps were taken to bring the meeting into action. A new note was introduced in the international discussion, however, when Chancellor Bruening declared in a formal statement on Jan. 9 that Germany is unable to make any further reparations payments. He made the stateyment while defining the policy to be pursued by the German delegation at the Lausanne meeting. After referring to the measures taken by the German Government for aiding German economy and balancing the budget, Dr. Bruening added that the experts' report itself indicated the stringency of these measures. "But at the time," the Chancellor added, "the report attests that action taken by Germany alone is inadequate, that Ger¬ many's situation—in itself the cause in high degree of the same progressive financial paralysis of the world—demands action and instant action mon As ernments. to what on com¬ the part of the other gov¬ that ought to be the Basle report, though abstaining from formulating proposals,! yet quite clearly gives the directive. It shows not only Germany's inability to pay, but, beyond that, the intimate causal inter¬ connection between German reparations and the present world situation. The report specifically emphasizes that presuppositions from which the framers of the Young the Plan started had changed fundamentally—and that really the whole story. It is clear as day that Germany's position makes it impossible for her to continue political payments. It is equally plain that every tells attempt to main¬ tain intact a system of such political payments must lead to disaster, not only for Germany, but for the whole world. In the existing state of affairs the German Government has no alternative. At the impending conference it can only pic¬ ture the actual state of things and request the other inter¬ ested governments to take it into account and not seek for compromise solutions for which a real possibility exists. I convinced am conclusions no longer that insight into the necessity of not lacking in any quarter. along this line is What is wanted is courage for materializing that insight, as the experts' report says, preventing the distortion of the treatment of economic and, problems by political ceptions." precon¬ Official London viewed the German declaration with great a statement of the German case which was to be presented at Lausanne and for which Chancellor Bruening was to endeavor to obtain the support of the other Powers. Prime Minister MacDonald studied the pronouncement carefully, and after consultation with Foreign Secretary Sir John Simon and Chancellor of the Exchequer Neville Chamberlain, issued a statement Jan. 10 to the effect that the declaration was not unexpected. 'The calmness, considering it merely policy and point of view of his Majesty's Government could be an¬ nounced only at the proper time and place," Mr. MacDonald observed. "In the meantime it might be said that in view of the economic conditions disclosed perts it and of was Dr. not the internal unlikely that Bruening would be The fact that it has conference leave more things result of as by the report of the ex¬ political problems of Germany, some such declaration as that of made at the already been Lausanne conference. made has rendered the necessary than ever, for it is impossible to they are. The present situation was the internotional agreement, and an international conference is therefore necessary to deal with it." Prime Minister MacDonald felt sure "it would be found that an all thp governments concerned realized that European recovery depended upon facing hard facts." The view held by the British Treasury, a London dispatch to the New York "Times" stated, is that in all likelihood Chancellor and appeasement Bruening deliberately underestimated Germany's capacity to pay. The Basle experts' report, it was suggested, does instances, dispatches said, that if Lau¬ end of reparations, it must mean the payments conveyed Pfennig? as well. In Paris newspaper this one pointedly by the headline: "Not One Not One Cent!" statements and at "It crisis," only be suspension of reparations, notwithstanding the Chancellor Bruening's action and taking it were severely criticized, but it was of A British reparations. sanne was to mean the to conference of interested governments, to meet Jan. 18, made much headway early in the right" to more January, with the picture changing frequently. a "sacred on consider the B. I. S. Advisory Committee report on repara¬ tions were started even before the report was issued, last December, and they continued intermittently through all of proposal for her of added in numerous continuing discussion, throughout French a his method of the past month, of the problems of German reparations and of intergovernmental debts. Informal exchanges between and makes Lausanne confer¬ comments of M. Flandin. tinued throughout the month. Also significant was a British of the insurmountable if complicated by new doubts contracts, creating still greater distrust among hoarders of capital." The French press, Jan. 10, was much more disposed than ever before to consider the possibility thrown receipt of this message the Mahatma urged the National Congress to resume the disobedience movement, which was the destruction to thorough consideration of the facts and after possible remedies had been exhausted." After other eve often has been said that the present crisis is a credit the French Finance Minister remarked. "It would careful and all the it hardly is worth while holding the meeting. M. Flan¬ who made his statement without consulting Premier Pierre Laval, declared that if the news were correct it would be impossible for France to accept what would amount of unlawful action by any political the Government of India accept the the on din, position implied in your telegram that their policy should be dependent on the judgment of yourself as to the necessity of measures which of default the Ger¬ unfavor¬ Minister ence, menace organization, a profound impressioh was created by declaration, the first reaction being sharply able. The declaration provoked a retort by Finance Pierre Etienne Flandin, Jan. 9, that if Germany discharge of their conditions the In France man close by the statement that "no Government consistent with the obligations ; not admit that Germany is hopelessly insolvent. It was significantly remarked, that the report establishes the finan¬ cial solidity of the German railways. on series New which Lord REVIEW Reparations developments followed thick and fast there¬ after, with the fact gradually emerging that postponement the Lausanne conference Avould exchanges. result from the various A temporary postponement to Jan. 25 was first announced, but as the scheduled date ap¬ proached the meeting was put off indefinitely, largely as a result of the various national elections now in prospect in important countries. Paris reports of Jan. 16 began to sug¬ gest the advisability of a delay in the Lausanne meeting, and a series of conferences followed the next day between Premier Laval 'and the diplomatic representatives of Great Britain, the United States finally resulted, Jan. 20, in and a Germany. The exchanges formal announcement by the Foreign Office in London that the conversations would not begin Jan. 25. "The conversations which have been taking place between the governments chiefly concerned with the conference at Lausanne are not yet concluded," the state¬ ment said, "and it is evident the conference cannot begin as early fixed. as next Monday, the date which had been previously Further conversations are British Government entertains the sible to in progress, now hope that it and the may be pos¬ to a satisfactory agreement regarding the pro¬ be adopted in the course of a few days." The German position was made plain in an official noti¬ fication by Chancellor come cedure to Bruening to Sir Horace Rumbold, the Berlin, that Franco-British sugges¬ British Ambassador to tions for a temporary adjustment would prove unacceptable. The British representative called at the Wilhelmstrasse, it was to a indicated, to learn whether Germany would consent 12-month prolongation of the present moratorium, pend¬ ing final action. The proposal was definitely rejected by the Chancellor, a Berlin dispatch to the New York "Times" and the stand taken that definitive solution of the said, problem must be undertaken before July 1. formal conference be deferred to before the Allied due, date next autumn, debt payments to the United States are also was rejected," the dispatch added. "To-day's an¬ nouncement was the "The proposal that the some war supplemented by a positive declaration that German Government would stoutly oppose any sort of provisional adjustment which sought to evade a final show¬ down. The Government, it was said, had reached the conclu¬ sion, supported by the Basle experts, that the resumption of payments under the ponable annuities, German economy." THE JANUARY Young Plan, including the non-postno longer within the capacity of was FINANCING OF THE U S. TREASURY. The Secretary of the Treasury was obliged to do some extensive financing during the opening month of the new year, notwithstanding the magnitude of the quarterly financ¬ ing done the previous month, when he made allotments aggre¬ gating $1,323,483,700 on subscriptions to an offering of Treasury notes and Treasury certificates of indebtedness— the allotments comprising $324,578,500 of six months' cer¬ tificates bearing 2%% interest; $398,355,000 of nine months' certificates bearing 3% interest, and $600,550,200 of oneyear 3%% Treasury notes, the greater part of which, how¬ was intended to take up maturing obligations of the United States Government, as explained in our summary of Treasury financing for the month of December. In January ever, the on Treasury brought out two issues of Treasury bills sold discount basis, each for $50,000,000, and supplemented a this the latter part of the month of by offering an aggregate $350,000,000 of Treasury certif icates of indebtedness. The announcement of the first issue of Treasury bills to be sold came on Jan. 6. On that day the Secre¬ tary of the Treasury invited tenders for 91-day bills to the amount of $50,000,000, "or thereabouts." Bids were received on up a discount basis to 2 Jan. 11. April 13. o'clock p. m. Eastern Standard The bills were dated Jan. The tenders for this issue aggregated and the amount obtained time on Monday, 13, and to mature was on $169,337,000, accepted was $50,175,000. The average price 99.272, the average rate on a bank discount basis being about 2%%. This was somewhat better than i MONTHLY REVIEW 6 MUNICIPAL FINANCING. price obtained at the last previous sale on the $101,332,000 of 91-day bills bearing date Dec. 30, and maturing March 30, where the average price obtained was 99.178, or an average rate on a bank discount basis of about 3*4%. It compared, however, with an average rate of only obtained the previous July, when $51,806,000 of bills were disposed of. , 1 :, Announcement of still another offering of Treasury bills came on Jan. 17, and at this sale the Treasury was able still further slightly to improve the price obtained. The offering this time was of 93-day bills for amount of $50,the awarded to a group priced to for the 1939 to York, at 100.439, a basis of about 4.95%. Re-offered yield 5.00% for the 1934 to 1936 maturities, 4-7 ■% 1937 and 1938, and 4.70% for the bonds due f:om 1962 incl. 4%% bonds, of which $1,860,000 sold at par as follows: $1,550,000. purchased by a syndicate headed by the National City Co. of California, of San Francisco; $200,000 by Elworthy & Co., of San Francisco; $60,000 by the Anglo-London-Paris National Bank, of San Francisco, and $50,000 were purchased by the Capital National Bank of Sacramento. The State also sold an issue of $257,000 4%% park bonds, due in 1949 and 1950, to the National City Co. of California, of San Francisco, at 100.10, a basis of about 4.49%. This issue was re-offered at prices to yield 4.35%.mi 24, 2,000,000 Milwaukee Co., Wis., 6% notes, due April 1 par to a syndicate headed by the Guaranty Co. Re-offered priced to yield 5.25%. 1 « headed by the Changes in dividend FAVORABLE 3*4% interest. certificates 27, and on Jan. 28 Secretary Mellon reported that subscriptions for the two series combined for $350,000,000 had amounted to $646,086,500, of which $395,938,500 was for the six months issue and $250,148,000 for the 12 months certificates, the shortterm issue being In ready demand|J notwithstanding the lower rate of interest, just as was th& case at the December offering. It was stated that the 3%%, or six months cer¬ were issued in the amount of $228,000,000, and the 3%%, or one-year certificates, in the amount of $145,000,000, or a combined allotment of $373,000,000. As to the ■purpose of the new issue, Mr. Mellon, in announcing the new offering, took pains to say;. "These certificates are being issued in order to make funds available to meet initial needs div. of 70c. a Bunte Bros., present emergency program, for withdrawal on like amount for withdrawal on Feb. 2. 'the month, Feb. 1, and a Jan. 28, for $18,296,400 on ISSUES AND DIVIDENDS IN NEW SECURITY January was again of meagre proportions sisted in the main of public utility issues. • JANUARY. in the domestic market for the New financing month of and again con¬ Aside from the financing by the city of New York the largest offering of the month was the $25,000,000 issue of the New York Edison Co. 1st lien & ref. mtge. 5% gold deb. bonds series "C", at 97 and int., to yield about 534% and due Oct. 1 1951. Next in size was the $7,500,000 offering of the Kansas Power & Light Co. 1st & ref. mtge. 6% gold bonds, series "C" at 9134 and int., yielding over 6.90% and due Feb. 1 1947. Chicago.—Div. of $1 a share on the com. paid on Aug. 1 1931. stofck as compared payment made PUBLIC UTILITY FINANCING. Edison Co., 1st lien & ref. mtge. gold bonds, series at 97 and int., to yield about 5H% and due Oct. 1 "C," 5% By the 1951. National City Co. 7,500,000 Kansas Power & Light Co., 1st & ref. mtge. gold bonds, series "C", 6% at 91 % and int., yielding over 6.90% and due 1947. 1 Feb. By a group headed by Chase Harris Forbes including Halsey, Stuart & Co., Inc.; E. Inc.; Arthur Perry & Co., Inc., and the N. Corp., and & Sons, H. Rollins W. Harris the sh. on the no par capita Cleveland Worsted Mills Co.—Div. of 5c. a stock. This is the first payment since 1924. Colonial Finance Corp. (R. I.).—Quar. sumed by payment of 17Kc. a share on Life Insurance Co., Commonwealth 10c. a share on the Louisville, Ky.—Extra div. of capital stock. Corp.—Initial quar. div. of 25c. a share on stock, series "B" payable Feb. 1 1932. Eastern Bond capital div. on the 7% pref. stock re¬ Jan. 15 1932. & Share Corp.—Stock div. of 40% on the com. Rapids Varnish payable Feb. 1 1932. Grand ment of a capital stock by On Jan. 2 1930 a div. of on the Hosiery Mills, Inc.—Resume divs. payment of a semi-annual div. of 40c. a share. 35c. a sh. was paid on this issue. Interstate Kansas City Stock Yards Co.—Extra 2,000,000 Kentucky at par & Co., .1,000,000 Utilities Co., 1st mtge. 7% gold bonds, series and int., due Feb. 1 1957. By Halsey, Stuart Inc. ' Commonwealth Water Co. (N. bopds, series "A" at 95 and int. J.), 1st mtge. 5%% gold to yield about 5.99% and Payment of prin. & American Water Works & Electric Co., due Dec. 1 1947. int. guaranteed by the Inc. By W. C. Lang- ley & Co. 750,000 Memphis National Gas Co., 1st at 94 ^ and int., to yield 7.33% N. W. Harris Co., Inc. MISCELLANEOUS mtge. 6% 5-yr. s. f. bonds and due Jan. 1 1937. By FINANCING. 5500,000 Lumbermen's Finance Corp., 5%% coll. trust gold bonds at par and int., due Dec. 1 1941. By the First National Bank, Winona National & Savings Bank, the Merchants Bank and the Lumbermen's Finance Corp. of Winona, Minn, stock "A" com. stock by pay¬ Corp.—Resume divs. on the class semi-annual div. of 50c. a share. Hickok Oil the div. of $2 a share on the com. stock. in addition to the usua RR.—Extra dividend of 5% semi-annual div. of 2% % on the capital stock. Lake Erie & Eastern Lawrence Gas & : Electric Co.—Quar. div. of 90c. a share as compared with 65c. a share paid previously. This company is a part of the New .^England Power Association. I Lincoln Fire Insurance Co. of N. Y.—Initial quar. div. of 25c. a sh. on the new $5 par value capital stock. Lowell Electric Light Corp.—Quar. div. on from 65c. a sh. to 90c a share. This company Power the capital stock increased is a unit of the New England Association. Merchants Fire Assurance payment of 25c. a share. Co.—Resumes div. on the common ' v:; -l-.-'y- Mutual Investment Trust.—Resume divs. on ctfs. of $10 par by payment of 7 %c. a share. Rosario Mining Co.—Extra div. of stock paid on Jan. 30 1932. B Insurance Co.—Quar. div. of 25c. a share on & Honduras New York the common North River stock by the 6% cum. class "A'' 1%% on the new capital stock. Oliver United Filters, Inc.—Resumes div. "A" stock by payment on Jan. 15 of the div. Ontario Mfg. Co., on the $2 div. cum. due on Nov. 1 1931. Muncie, Ind —Resume divs. on share. conv. the com. stock by payment of 12Kc. a Ltd.—Extra div. of 25c. a share on Public Utilities Corp., Portland, Me.—Extra div. Petrolite Corp common , the capital stock. of $1 a share on the stock. Rose's, 5, 10 and 25-Cent Stores, Inc.—Annual com. stock as compared with 25c. a year ago. div. of 50c. a sh. on the Pawtucket, R* I.—Quar. div. on the Royal Weaving Co., increased from $1 a sh. to $1.50 a share. Dillon Co.—Extra div. of 20c. a share on the compared with an extra div. of 10c. a sh. paid on Nov. 14 Securities-Allied Corp.—Initial capital stock com. stock as last. dividend of 25c. a share on the com. stock. Electric Co.—Quar. cash div. on the com. stock increased from 50c. a share to 56c. a share. . y Uhlmann Grain Co.—Stock div. of 25% on the outstanding cap. stock. Tampa UNFAVORABLE CHANGES. A. B. C. Cigar omitted. Co.—Quar. div. of l^c. a Abercrombie & Fitch share on the no par com. stock Co.—Quar. div. of l%% on the 7% cum. pref* stock omitted. Co., Inc. "J" div. on State-Western States Life/Insurance Co.—Quar. capital stock increased from 65c. a share to 75c. a share. California Scotten, '525,000,000 New York Wis.—Extra class "B" stock. Burdine's, Inc.—Div. on the $2 cum. pref. stock resumed by of 50c. a share. The last quar. div. of 50c. a sh. on this issue was on April 1 1930. and will provide for Treasury bills." as regards 1 the "Treasury's emergency needs, Since notwithstanding repeated calls made by the Treasury upon the $698,544,000 of Govern¬ ment deposits growing out of the December financing (of which $358,547,100 was in the New York Federal Reserve District), $256,150,200 still remained ($131,862,600 being in the New York Federal Reserve District) after the last call Mr. div. of 50c. a share on the with 50c. a share payment of $50,000,000 of maturing Mellon was evidently looking ahead the CHANGES. Hardware Stores, Inc., Milwaukee, share on the convertible pref. stock. & Bon Ami Co.—Extra tificates, would be under the again and again Paint Badger running for a year subscription books for the new offering of closed at the close of business on Jan. declarations in January were included many of an unfavorable nature. The following table, divided into two sections, namely, "Favorable Changes" and "Unfavorable Changes," gives the more important of the changes: numerous slightly better December sale, this December sale, as noted further above, comprised an offering of six months certificates bearing 2%% interest The sold at par plus a District Bond Co., 1946 incl., to 1933, sold at of New York. Calif., 7% street impt. bonds, due from 1932 premium of $1 to a group of Los Angeles. 1,015,778 Los Angeles, during the month, as just shown, showed rates to the Government than those at the and bearing (State of) veterans' welfare bonds were due from 1939 to 1948 incl., of indebtedness to an offering of Treasury notes a 2,117,000 California accrued interest of two new and also an Re-sold at prices to yield ^ v-.";; basis of about 4.95%. 4.75% for all maturities. 86.75, 1951 to 1960 incl., sold Co., of New York, at headed by the Bankers Trust to a group on announcement came of an offering at par and issues of Treasury certificates aggregate of $350,000,000. The an¬ nouncement said that the certificates would be in two series, both dated and bearing interest from Feb. 1 1932, series A-1932, running for six months and being payable on Aug. 1 1932 with interest at the rate of 3%% per annum, and series A-1933, running for a year and payable on Feb. 1 1933, with interest at the rate of 3%% per annum. The amount of each series to be issued, it was stated, would be in the proportion that the total subscriptions for that series should bear to the total subscriptions for both series. The rates of interest fixed in the certificates was in accord with the prevailing trend to higher levels in the cost of Government borrowing, and though the two offerings of Treasury bills Md., 4% bonds, due from 4,200,000 Baltimore, thereabouts," bearing date Jan. 25 1932 and April 27 1932. Tenders were received at 2 o'clock p. m. on Jan. 21, and the subscriptions aggregated $191,581,000, of which $50,937,000 were accepted. The aver¬ age price of the accepted bids was 99.358, or an average of 2.48%, which compared with about 2%% the average price, as already stated, at the earlier sale. On Sunday night, Jan. N. Y., 5% bonds, due from 1934 to 1962 lncl., headed by the Guaranty Co. of New 5,562,000 Rochester, "or maturing of New to a syndicate headed by J. P. Morgan & Co., York, and re-sold to investors also at a price of par. par 0.46% "000,000, corporate stock notes, due $50,000,000 in 1937, sold at $100,000,000 New York, N. Y., 6% special $25,000,000 in 1935 and 1936, and Allegheny Steel Co.—Monthly div. of 5c. a share on the common stock omitted. Allis-Chalmers Mfg. Co.—Quar. div. on from 25c. a sh. to 12^c. a share. the common stock decreased $6 cum. pref. stock American Community Power Co.—Quar. div. on the and on the $6 cum. 1st pref. stock both of $1.50 a share American Electric common Securities Corp.—Quar. div. omitted. of 10c. a share on the stock omitted. American Forging stock omitted. & Socket Co.—Quar. div. of 15c. a share on the com. Founders Corp.—Quar. divs. of 87 %c. a sh. on the 7% 1st pref. stocks, series "A" and "B", and 75c. a sh. on the 6% 1st pref. stock, series "D", all omitted. The above divs. are cumulative. American American Radiator & Standard Sanitary com. stock reduced from 15c. a sh. to 10c. a American Securities Shares, St. stock reduced from 8c. a share to Corp.—Quar. div. on the share. Louis, Mo.—Quar. div. on 4c. a share. the capital MONTHLY American Smelting & Co.—Quar. div. 12Kc. a share. Refining reduced from 37Kc. a sh. to the com. stock on stock reduced American Sugar Refining Co.—Quar. div. on the com. l\i% a share to 1% a share. : from ' Amoskeag Co.—Div. of $1 as against div. of $1.50 a Arizona Edison Co.—Quar. div. of . $1.62K a stock omitted. Artloom Corp.—Div. of $1 a share on the with $1.75 a sh. paid previously. 7% cum. pref. stock as compared On Dry Goods Corp.—Divs. on the com. stock omitted. Nov. 2 last a div. of 25c. a sh. was paid on the com. stock. Associated the com. stock reduced Atchison Topeka & Santa Fe Ry.—Quar. div. on from 2K% to 1K%. • £ -Avery Power Machinery Co., Peoria, 111.—Annual div. of 7% preferred stock omitted. 7% on the sh. on the no par com. stock Bethlehem Steel Corp.—Div. of 50c. a omitted. v: 'J 'B.-G. Sandwich Shops, Inc.—Quar. pref. stock omitted. * 1 div. of \ZA% on the 7% cum, 1st Ltd.—Quar. div. of 50c. a sh. on the com. stock the 6K% cum. pref. stock reduced from Ribbon Corp., omitted and the quar. div. on 81 He. a sh. to 50c. a share. (H. C.) Bohack Co.—Quar. div. on tBrvant Paper Co., Kalamazoo, 6% pref. stock omitted. of 25c. a Mich.—Semi-annual div. of 3% on the 'Burroughs Adding Machine Co.—Quar. div. on the com. stock reduced sh. Campbell Wyant & Cannon Foundry Co.—Quar. div. of 25c. a sh. on the capital stock omitted. Canada Wire & Cable Co., Ltd.—Quar. div. of 25c. a sh. on the class "B" common stock omitted. 'Canadian Converters Co., Ltd.—Quar. div. stock as compared with a div. of $1 a sh. paid Fairbanks-Morse reduced from 50c. a of 50c. a sh. on the capital previously. Ltd.—Quar. div. on the com. stock Co., sh. to 25c. a stock reduced Carey- Lombard, Young & Co.—Semi-annual div. of 3% on the 6% pref. stock omitted. Fire Co. of capital stock decreased from 50c. Baltimore.—Semi-annual div. on the sh. to 25c. a share. a Chain Belt Co.—Quar. div. on the no par com. sh. to 25c. a sh. a stock decreased from 40c. Charis Corp.—Extra dividend of 25c. a share on the com. Cheney Bigelow $3.50 Wire Works.—Quar. div. stock omitted. of 87Kc. a share on the partic. pref. stock omitted. cum. Childs Co.—Quar. div. of % on the 7% cum. pref. stock omitted. Cluett, Peabody & Co., Inc.—Quar. div. of 50c. a share on the common stock as compared with 75c. a share paid previously. Colonial Investors Corp. a share to 38c. •Colorado Fuel (Bait.).—Semi-annual div. reduced from 45c- share. a & Iron Co.—Quar. div. of 2% share on the 8% cumu¬ a lative preferred stock omitted. Columbian Carbon Co.—Quar. div. of 75c. a share on the as compared with $1 a share paid on Nov. 2 last. Commonwealth Utilities Corp.—Quar. divs. on the class common stocks of 37 Kc. a share each omitted. Community Power & Light Co.—Quar. div. of $1.50 20c. a capital stock A and class B share on the $6 1st pref. stock omitted. cum. Consolidated a Industries, Ltd.—Quar. div. the common stock of on share omitted. Consolidated common Press, Ltd.—Quar. div. of 50c. a share on the class A stock omitted. Conveyancers Title Insurance & Mortgage Co.—Semi-annual div. of $3 share a on ( the capital stock omitted. Corporation Securities Co. of Chicago.—Quar. div. on the no par $3 optional pref. stock, 1929 series, omitted. Cresson Consolidated Gold Mining & Milling Co.—Quar. dividend on V;> the capital stock of one cent a share omitted. Crown Drug Stores, Inc.—Quar. div. of 1H% on the 7% cum. conv. pref.' stock omitted. Cuba Co.—Semi-annual div. of 3K ,0 on the 7% cum. pref. stock omitted. Curtis Publishing Co.—Div. on the common stock reduced from 33 l-3c. a share monthly to 50c. a share payable quarterly. Dairy Corp. of Canada, Ltd.—Quar. div. of IK % on the 6% conv. preferred stock red. omitted. stock share. Gorham Mfg. Co.—Quar. div. on common 40c. a share. reduced from 50c. Engineering Works.—Quar. div. from 15c. a share to 5c. a share. Lakes reduced Bay & Western RR.—Annual on omitted. Dennison Mfg. Co., Boston.—Quar. div. of 1 H% on the 7% cum. pref. stock omitted. div. of 1% a share on the class "B" debentures omitted. Cincinnati.—Quar. divs. of l%% on the 7% cumul. preferred stock and 25c. a share on the common stock both omitted. Guaranty Fire Insurance Co., Providence, a share on the capital stock omitted. R. I.—Quar. div. of 12KC. Guelph (Ont.) Carpet & Worsted Spinning a share on the no par common stock omitted. Mills.—Quar. div. of 25c. Cleveland.—Quar. div. of 25c. a share on the common Halle Bros. Co., ' stock omitted. r . • Co.—Quar. div. of 1K% on the 6% cumul, preferred Hamilton Watch stock omitted. l Hammond Clock Co.—Quar. div. omitted. '■ of 50c. a share on the common stock § Hart, Schaffner & Marx.—Quar. div. of $1 a sh. on the com. stock omitted. Hibbard, Spencer, Bartlett & Co.—Monthly div. on the common stock reduced from 20c. a share to 15c. a share. Co., Troy. Ohio.—Quar. div. on the common stock de¬ share to 50c. a share. Mfg. creased from 62Kc. a (Geo. A) Hormel & Co.—Quar. div. on the common stock reduced ftom 50c. a share to 25c. a share. Signal Mfg. Corp.—Quar. div. of 25c. omitted. share a the partic. on preferred stock of Texas.—Semi-annual div. on the 6% stock reduced from 75c. a share to 37Kc. a share. Oil Co. Houston Investing Corp.—Quar. div. on the $1 a share. comul. pref. $7 Cumul. pref. stock reduced from $1.75 a share to stock postponed to February because of the lack of a quorum. Illinois Pacific Coast Co.—Quar. div. of 75c. a share on the $3 cumul. omitted. preferred stock Imperial Sugar Co., Sugar Land, Tex.—Quar. divs. of 75c. a share each on the 7% cumul. pref. stock par $100 and the $7 cumul. pref. stock of no par value, omitted. Ingersoll-Rand Co.—Quar. div. on the no par common stock decreased share to 75c. a share. from $1 a , Inland Steel Co.—Quar. div. on the common stock decreased from 50c. a sharo to 25c. a share. Co. Insurance div. State the of of the capital stock reduced on International Pennsylvania, Phila.—Semi-annual from 9% a share to 6% a share. Corp.—Semi-annual Products div. of 3% Knitting Mills.—Quar. div. a share to 5c. a share. Jantzen from on the common stock on Machine Co., St. Louis.—Quar. div. on the share to 25c. a decreased from share. reduced from 75c. a share to 50c. a share. Lehigh Coal & Navigation Co.—Quar. div. on the no par capital stock reduced from 30c. a share to 25c. a share. Lenolt National Securities Co.—Quar. divs. of 35c. a share on the 7% pref. stock and 25c. a share on tne no par common "A" and common "B" stock omitted. Marchant Calculating Machine Co.—Semi-annual div. of 3K% 7% cumul. preferred stock omitted. on the share on the common stock omitted. Dominion 75c. a (Jno.) 1st • Bridge Co.—Quar. div. share to 62Mc. a share. on and class "B" common stock both omitted. of 12Kc. a share on the no par cofnmon stock omitted. Insurance Co., share on the capital stock Providence, R. I.—Quar. div. of 12KC. Utilities Co.—Quar. div. stock omitted. - of $1.75 a sh. on the $7 cum. pref. • Eastern stock stock omitted. Utilities Brothers common stock share on the Investing Corp.—Quar. div. Stores, a share to $1.50 on the no par partic. share. a Inc.—Quar. div. of 12Kc. on the 7% sinking cum. share a on the stock omitted. Empire Public Service Corp.—Quar. div. of $1.50 a share on the $6 cum. pref. stock omitted. 'European Electric Corp., Ltd.*—Quar. divs. on the class A and B com¬ mon stocks reduced\from 15c. a share to 7Ko* a share. Exchange Buffet Corp.—Dividend 25c. a share to 6Mc. a share, on the common stock decreased from ' r {"Fairbanks, Morse & Co.—Quar. div. of l%% a share on the 7% cum. preferred stock omitted. *(The) on cum. Fenton 3 a share v Corp.—Quar. div. of $1 a share on the 1st pref. stock omitted. United div. on the Cleaning & Dyeing Co., common stock reduced from $1 a Cincinnati, share to 50c. Ohio.—Quar. a share. (Financial Institutions, Inc.—Semi-annual divs. of 25c. a share in cash and 2% in common stock on the common stock, both omitted. Co., Racine, Wis.—Quar. div. on the com. stock reduced share to 25c. a share. a sh. to share. Mutual Investors Co. (Wis.).—Semi-annual div. of 3% on the 6% Nashville Chattanooga & National cum a St Louis Ry.—Semi-annual div. of 1K% on stock omitted. Battery Co.—Quar. share to 50c. a div. on the com. stock decreased from share. National Liberty Insurance Co.—Div. of 20c. a sh. on the new capital -stock of $2 par value. This compares with semi-annual divs. of 25c. a sh. paid on tne old $5 par stock for which new $2 par shs. were issued in exchange on a sh. for sh. basis. Licorice Co.—Div. on the com. stock reduced from 2K% National a (Del.), Rockford, 111.—Quar. div. of 1%% on the 7 % series "A" pref. stock omitted. National Lumber & Creosoting Co. (Del.), Texarkana, Ark.—Quar. div. of 2% a share on the 8% cum. pref. stock omitted. National Lock Co. National Republic Investment Trust.—Quar. $3 cum. conv. pref. stock omitted. div. of 25c. New Britain Machine Co.—Quar. div. on com. share to 10c. a share. New River Co.—Quar. div. due accumulations omitted. New York & Foreign cum. Fair (Department Store), Chicago.—Quar. div. of 25c. the common stock omitted. Federal American Bond & Share $7 a -share to 2% a share Electric Shareholdings Corp.—Semi-annual div. of 3% conv. share a omitted. Eisemann Magneto Corp.—Quar. div. ot 1M% on the fund pref. stock omitted. common cum* omitted. pref. stock reduced from $1.75 iEdison from'50c. 65c. i a ; . Grocery Co., Columbus, Ohio.—Annual div. of 3% on the Midland a a omitted. Mexican the capital the common stock reduced from Dunlop's Sons, Inc.—Quar. div. of $1.50 pref. the pref. stock omitted. Dominguez Oil Fields Co., Los Angeles, Calif.—Monthly div. of 2Kc. a on , McCrory Stores Corp.—Quar. divs. of 50c. a share each on the common 35c. Diversified Investment Trusts, Inc., Akron, Ohio.—Quar. div. class A stock reduced from 10c. a share to 7KC. a share. share stock common Munsingwear, Inc<—Quar. div. on com. decreased froin 50c. a stock common a the common stock omitted. Modine Mfg. the reduced Key Boiler Equipment Co., St. Louis., 111.—Quar. div. of 25c. Landis Deposited Insurance Shares.—Semi-annual div. on the series A shares of 11.5c. a share, compared with 13c. a share paid on Aug. 1 1931. on 6% 15c. common Corp.—Quar. div. the on stock omitted. cumul., preferred International Safety Razor Corp.—Quar. div. on the no par class "B" stock of 25c. a sh. as compared with a div. of 50c. a sh. paid previously. Dictaphone 50c. share to a the common stock Gruen Watch Co., Merchants Inc.—Quar. div. of 55c. a share on the cum. pref. stock omitted. Dempster Mill Mfg. Co., Beatrice, Neb.—Quar. dividend of 50c. a share the common Sons Co.—Quar. div. on the capital stock decreased Goldsmith from 20c. a share to 10c. a Mead Corp.—Quar. div. cum. !De Mets, on (P.) Goodyear Tire & Rubber Co., Akron, Ohio.—Quar. div. of 25c. on the common stock as against 75c. a share paid previously. Illinois Central RR.—Action on the semi-annual div. of 3% on the pref. pref. stock omitted. cum. General Tire & Rubber Co.—Quar. div. of 25c. a share on the common stock as compared with 75c. a share paid in the previous quarter. Hutchins , Champion Shoe Machinery Co.—Semi-annual div. of 2K% on the 5% junior General Public Utilities Co. (Fla.).—Quar. div. of $1.75 a share on the $7 cumul. preferred stock omitted. Horni Insurance - General Refractories Co.—Quar. div. of 25c. a share On the no par capital stock omitted. £ Hobart sh. 'Canadian Wineries, Ltd.—Quar. div. on the no par com. from 12Kc. a share to 5c. a share. •Central cumul. class "A" stock omitted. Green pref. stock omitted. Canadian Dayton, Ohio.—Quar. div. of 25c. a share on the $2 Fyr-Fyter Co., General American Securities, Inc.—Quar. div. of 35c. a share on the $1.40 cumul. and partic. class "A" stock omitted. - $1 a 'Brady, Cryan & Colleran, Inc.—Semi-annual div. of 4% on the 8% a stock reduced \M% on the 7% class "A" Frost Steel & Wire Co., Ltd.—Quar. div. of cumul. red. partic. preferred stock omitted. div. of the com. stock reduced from (Boston Chamber of Commerce Realty Trust.—Quar. div, sh. on the 7% cum. 1st pref. stock omitted. sh. to 20c. , Freeport Texas Co.—Quar. div. on the no par common from 75c. a share to 50c. a share. Great share to 62Kc. a share. a divs. of 25c. a share on div. of 10c. a share on the common , 'Boardwalk Securities Corp., Atlantic City, N. J.—Semi-annual 3% on the class the "A" and "B" com. stocks omitted. from 25c. Franklin Capital Corp.—Semi-annual stock of $10 par value, omitted. . 75c. a sh. on the pref. stock omitted. Betco Corp.-—Semi-annual div. of (Blue First Security Corp. of Ogden (Utah).—Quar. the class A and class B stocks omitted. , stock paid on Jan. 4 1932 1931. sh. on the $0K cum. pref. share on the com. share paid on July 3 a a 7 REVIEW pref. stock as Feb. 1 on the pref. stock Investing Corp.—Div. of 62Kc. compared with a a sh. on the decreased from 20c. a on account of sh. on the 6K% quar. div. of $1.62K a sh. paid a previously. Nicholson File Co.—Quar. div. of 30c. a sh. on the com. stock as against 50c. a share paid previously. North American Gas & Electric Co.—Quar. div. on the class "A" stock reduced from 40c. a sh. to 10c. a sh. Northern Bond & Mortgage Co.—Semi-annual div. of $3 a sh. on the preferred stock omitted. Ohio Water Service Co.—Quar. divs. of 1%% on the 5H% cum. pref stock and IK % on the 6% cum. pref. stock both omitted. MONTHLY 8 Ltd.—Quar. div. of 20c. a share on Ontario Steel Products Co., the no stock omitted. com. par break, but the recovery was not maintained and was the pref. stock omitted. Oil Shares, Inc.—Div. of 25c. a share on a Oppenheim, Collins & Co., Inc.—Quar. div. on the com. stock decreased from 50c. a sh. to 25c. a sh. Products, Los Angeles, Calif.—Quar. stock reduced from 30c. a sh. to 20c. a sh. Pacific Clay vv div. on the capital Bedford.—Quar. div. of 1 Vi% a sh. on (The) Pairpont Corp., New .capital stock omitted. Park;e, Austin & Lipscomb, Inc.—Quar.div. on the $2 cum. ; pref. stock of 50c. a sh. omitted. S. C. Parker & Co.—Quar. div. on the class "A" stock 50c. a sh. to 10c. a sh. . conv. the partic. reduced from (The) Park Mortgage & Ground Rent Co. (Del.), Baltimore, Md. ^ Quar. div. on the capital stock decreased from 75c. a sh. to 50c. a sh. the 6% cum. pref. on > series "A' stock omitted. Penberthy Injector Co.—Div. of $5 a sh. on the com. with a div. of $7.50 a sh. paid on Jan. 15 1931. stock decreased from $1 a Penman's, Ltd.—Quar. div. on the com. 75c# stock as compared sh. 3# sh. to ■ Pa.—Quar. div. (The) Pennsylvania-Bradford Co. (Del.), Pittsburgh, of 62Kc. a sh. on the $23^ cum. pref. stock omitted. Peoples Ice Co., Pittsburgh, Pa.—Annual pref. stock omitted. div. of 80c. a sh. on the Pittsburgh United Corp.—Quar. div. of 1%% on the pref. stock omitted. . f . Poor & Co.—Quar. div. of 37Hc. a sh. on the cum. class 8% 7% cum. conv. ■ "A" pref. stock omitted. Port Huron Sulphite & Paper Co.—Quar. div. of omitted. 15c. a share on the common stock Pressed Metals of America, Inc.—Quar. div. of 634c. a stock as compared with 1233 c. a sh. paid previously. sh. on the com. Prudential Securities Co., Chicago, 111.—Semi-annual divs. of 1733c. a share on the common stock and 333% a share on the 7% cumul. pref. stock both omitted. , Corp.—Quar. div. of $1.75 a Public Utilities Securities share on the cumul. preferred stock omitted. $7 & Brass, Inc.—Quar. div. of 1%% on th0 7% cumul. preferred stock omitted. } Rhode Island Insurance Co.—'Quar. div. of 15c. a share on the capita Revere Copper stock omitted. common (Joseph T.) Ryerson & Son, Inc.—Quar. div. capital stock omitted. of 30c. a share on the capital stock reduced from 50c. div. of 133% on the 6% Savage Arms Corp.—Quar. non-cumul. pref. stock omitted. Fire Schnebbe a Protection Engineering Corp.—Quar. div. of 1233c. omitted and the quar. div. on the no par reduced from 60c. a share to 50c. a share. share on the common stock class "A" stock Security Storage Co., Inc.—Annual div. of 6% 1931 on the 6% non-cumul. class "B" preferred Seton Leather Co.—Quar. which was due Dec. 15 stock omitted. div. of 25c. a share on the common stock omitted. Shaw-Walker Co.—Semi-annual div. from $3.50 a share to $1.75 a share. on the preferred stock Siemens & Halske (A. G.), Berlin.—Annual reduced from 14% a share to 9% a share. Silverwood's Dairies, Ltd.—Quar. divs. of the class "A" and common stocks omitted. . The absence of improvement flected the lack in the stock market simply re¬ trade, and in the last of improvement in disappointing because trade The moderate change for the better in the market the first half of the month reflected the confidence so strongly entertained that business was about to embark upon a state of greater activity, and the subsequent downward turn indicated disappointment that these expectations were not being realized. The railroad stocks showed a disposition to cut loose from the general market in its downward turn, and much was hoped for as a result of the efforts to get the wage earners to consent to a reduction in wage schedules, but the negotiations to that end proved aggravatingly slow, and, as already related else¬ where, a definite agreement for a 10% reduction in wages was not signed until late at night on the last day of the month, which happened to be Sunday. The industrial stocks were under pressure owing to the continued prostration of trade, the poor income statements that kept coming to hand for the last quarter of 1931, as well as for the full calendar year, and also owing to the further suspension or reduction in dividend payments which came with such unerring repeti¬ tion. As one illustration, the reports of the big steel com¬ panies proved worse than anyone would have supposed pos¬ sible even in a nightmare. This is particularly true regard¬ ing that giant in the steel trade, the United States Steel Corp., to whose income return reference more at length is analysis the stock market was of $1 a share on the no par stock omitted. Sanford Mills.—Dividend on the no par a share to 25c. a share. a new disappointing. made further below. * Royal Typewriter Co.—Semi-annual div. followed decline the latter part of the month. Speaking in a general way, the first half of the month (except the first three days) proved a good period, but the last half of the month prices receded and part of the improvement was again lost. The course of prices at all times was uncertain, but in this the stock market resembled the state of trade. by and business were Passwall Corp.—Quar. divs. of 1 M% on the 6% cum. pref. and 75c. a sh. on the $3 cum. conv. pref. stock, both omitted. Peabody Coal Co.—Quar. div. of 1^% REVIEW reduced div. on the capital stock , 1233c. a share on the both The stock market opened the new year on Sat urday, Jan. 2, gloomy and dismal sort of way, and further heavy de¬ clines occurred on Monday, Jan. 4, thereby creating a feeling in a that the situation during 1932 was to be no better than the experience in nearly the whole of the period back to the autumn of 1929, but the market quickly retrieved itself and thereafter for 10 days or more it enjoyed quite substantial sad advances, completely changing the aspect of things and in¬ spiring hope that the long-continued depression might now soon become a thing of the past. There were times during this period when the market had a decidedly buoyant appear¬ The subsequent course of the market, however, sug¬ ance. gests that the rise in the market during this time was, in part at least, due to extensive covering of outstanding short commitments which nevertheless might be interpreted as was seeing visions of in the bond market at great encouragement. Southern Union Gas Co.—Quar. divs. of 2% on the common, 50c. per Bonds now gave evidence of sustained buying which was share on the $2 cumul. class "A" stock, and 43%c. per share on the especially^, important since a general belief has all along 7% cumul. pref. stock all omitted. Standard-Coosa-Thatcher Co.—Quar. div. on the common stock existed that no permanent rise in the stock market could be reduced from 3733c. a share to 25c. a share. counted upon until the bond market itself gave the cue in (A.) Stein & Co.—Quar. div. on the common stock reduced from 40c. a moving steadily and persistently toward higher levels. share to 25c. a share. Encouragement from that source was very essential, since St. Helen's (Ore.) Pulp & Paper Co.—Quar. div. of 20c. a share on the in the break in the stock market on Saturday, Jan. 2, and capital stock omitted. St. Louis Car Co.—Annual div. of 50c. a share on the common stock Monday, Jan. 4, the bond market also suffered unexpected omitted. collapse, with bond prices tumbling in a most striking fashion St. Louis Screw & Bolt.—Quar. div. of 1M% on the 7% cumul. pref. and in a way that proved extremely dispiriting. On Tues¬ stock omitted. St. Louis-San Francisco Ry.—Quar. div. of 133 % on the 6% non-cumul. day, Jan. 5, however, bond prices sharply recovered, and for preferred stock omitted. the rest of the month they moved steadily upward, and in a Stone & Webster, Inc.—Quar. div. on the capital stock reduced from way calculated to re-establish confidence in security values 50c. a share to 25c. a share. Stouffer Corp.—Quar. div. on the class "B" common stock reduced from generally. Stocks, after the severe break on Saturday, 30c. a share to 10c. a share. Jan. 2, and Monday, Jan. 4, touched further low levels the Third Canadian General Investment Trust, Ltd.—-Quar. div. Of 5c. early part of Tuesday, Jan. 5, but after that displayed a rally¬ a share omitted. ing tendency which left most stocks at the end of that day Tillman Electric Plating Works Co.—Semi-annual div. on the class "A" stock omitted. An initial semi-annual div. of 50c. a share was not much lower than at the close on Jan. 4. For about 10 paid on this stock on July 24 last. days thereafter, as already stated, the course of the market 12th Street Stores Corp. (Del.).—Quar. div. of 25c. a share on the $2 was strongly upward. The upward reaction during this period cumul. preferred "A" stock omitted. was based mainly on the idea that at the conference which 20 Wacker Drive Building Corp.—Quar. div. of $1.50 a share on the $6 cumul. pref. stock omitted. was to begin on Thursday, Jan. 14, and which did begin on Union Mfg. Co., New Britain, Conn.—Quar. div. on the capital stock that day, between the labor chiefs and the railroad presi¬ omitted. A div. of 1233c. a share was paid on this issue in the previous dents a voluntary agreement would be reached for a 10% quarter. Union Oil Associates.—Quar. div. on the common stock reduced from reduction in the wages of the different classes of railway 50c. a share to 35c. a share. labor. However, the negotiations proved very slow and diffi¬ United Cigar Stores Co. of America.—Div. on the 6% cumul. pref. cult, and the resulting delay acted as a sort of damper upon stock reduced from $1.50 a share to $1 a share. the market, and finally eventuated in a'feeling of renewed United States & British International Co., Ltd.—Quar. divs. of 75c. a share on the $3 cumul. pref. stock and 10c. a share on the class depression. The lowering of the buying rate for bankers' "A" common stock both omitted. acceptances by the Federal Reserve Bank of New York, United States Merchants & Shippers Insurance Co., New York.— which occurred on Tuesday, Jan. 12, also acted as a sort of Quar. div. on the capital stock decreased from $4 a share to $2.50 a share. United States Steel Corp.—Quar. div. on the common stock reduced stimulant while the market was on its upward course. The -from 1% a share to 33 or 1% a share. action was construed as, meaning that the Federal Reserve Veeder-Root, Inc.—Quar. div. on the capital stock of 40c. a share omitted. banks were going to embark upon a new endeavor of creating Vulcan Detinning Co.—Quar. div. on the common stock reduced^from Agricultural Chemical Co.—Quar. div. on the common 1233c. a share. Smith stock signifying that the bear contingent brighter things ahead. The recovery time also proved a feature of this reduced from 25c. a share to ; $1 a share to 50c. a credit ease and promoting share. Walker & Co.—Quar. div. of 15c. a share on Warner Bros. Pictures, Inc.—t-Quar. div. of cumul. pref. stock omitted. the class "B" stock omitted. 9633c. a share on the $3.85 Western Power, Light & Telephone Co.—Quar. div. the $2 cumul. and partic. class "A" stock omitted. (S. S.) Winsted THE a a share to 10c. a COURSE OF a 1 share. Hosiery Co.—Quar. div. share to $2 reduced on the capital stock reduced from share. THE STOCK To those who had been security values after two MARKET DURING JANUARY. looking for a strong recovery in years of almost continuous shrink¬ the month of January proved a distinct disappointment. A quite substantial upward swing did occur after an early age, States inflationary monetary tendencies^ obligations, as a consequence, Government enjoye a sharp rise in prices. The Treasury's 3s of 1951-55, for instance, sold up from 82 3/32, Tuesday, Jan. 12, to 86 White Dental Co.—Quar. div. on the common stock from 15c. $2.50 of 50c. a share on United 14/32 2/32. on Wednesday, Jan. 13; they closed Jan. 30' at 86 The latter part of the month a general recession in prices trading light. The report of the United States Steel Corp. for the December quarter and the calendar year 1931 was scheduled to appear after the close of business on Tuesday, Jan. 26, and had been looked forward to with great interest and no little anxiety. It made a worse exhibit than anyone had been prepared to see. There had been much discussion as to what action1 occurred, but with the volume of MONTHLY would be taken the dividend on REVIEW Closing Opening the common shares of on 9 Ci. The doubt was dispelled in the reduction of only % of 1%. But, in ad¬ dition, a statement was given out by the Board of Directors saying that during the year 1931 nothing whatever had been earned on the common shares, the total distribution in 1931 in dividends on such shares Graving been taken from surplus. The further statement was made that it must be manifest that continuance of dividends must ume depend upon an improvement in the Corporation's vol¬ of business and earnings. Owing to this action and Steel common opened Wednesday, Jan. 27, at 1% points off from the close on Tuesday, and touched 37% later in the day. On Friday, Jan. 29, it sold still lower, to 36%, and it closed on Saturday, Jan. 30, at 37%, but it did not get back to the low for the month, which was 35%, Jan. 4, from which there had been an advance to 46%, Jan. 21, before the break the latter part of the month. This last S. U. announcement, shows how substantial the advance was in the The Bethlehem Steel statement made its appearance after the close of business on Thurs¬ day, Jan. 28, and was equally unfavorable, no more than $115,745 having been earned to pay the $6,895,000 dividends on the preferred stock. The directors declared the regular quarterly dividend on the preferred shares, but decided to early part of the month. omit the reached dividend on the The course stock. common of Some of them their low figure for the month in the break during individual stocks varied quite considerably. the first few ^ays, and others in the renewed decline which came the latter part of the month. American Tel. & Tel. sold down from 116% Jan. 2 to 107% Jan. 5, recovered to 124% Jan. 14, and closed Jan. 30 at 111%; J. I. Case dropped from 41% Jan. 2 to 31% Jan. 4, sold up to 43% Jan. 18, and closed Jan. 30 at 34%; General Electric was at its high for the month at 26% Jan. 14, and then dropped to 19% Jan. 30, which compares with an opening price of 25 Jan. 2; North American sold down from 33 Jan. 2 to 29 Jan. 5, then Jan. 30 at 31%; Allied 68% Jan. 2 to 62% Jan. 5, then moved up to 74% Jan. 14, and closed Jan. 30 at 66% ; Amer¬ ican Water Works & Electric dropped from 28% Jan. 2 to 25% Jan. 4, advanced to 32% Jan. 14, and closed Jan. 30 at 26%. As for the railroad stocks, Atchison declined from 83% Jan. 2 to 75% Jan. 5, advanced to 94 Jan. 14, and closed Jan. 30 at 82; New York Central declined from 29% Jan. 2 to 25 Jan. 5, rose to 36% Jan. 15, and closed Jan. 30 at 28% ; Pennsylvania RR. (par $50) declined from 18% Jan. 2 to 17% Jan. 4, advanced to 23% Jan. 21, and closed Jan. 30 at 21; Union Pacific dropped from 74% Jan. 2 to 65 Jan. 5, rose to 86% Jan. 14, and closed Jan. 30 at 75; New York advanced to 36% Jan. 14, and closed Chemical & Dye dropped from New Haven & Hartford declined from 20% Jan. 2 to 17% Jan. 5, rose to 31% Jan. 21, and closed Jan. 30 at 26%. Trading was light, as already stated, the number of shares sold during the month aggregating only 34,362,383 shares, which compares with 42.423,343 shares in January 1931, 62,308,290 shares in January 1930, and 110,805,940 shares in January 1929. On the New York Curb the sales were 5,111.437 shares against 9,348,900 shares in January 1931, 16,108,800 shares in January 1930, and 43,546,800 shares in January 1929. As remarked above, of the gratifying features of the one month was the sustained rise in the bond market. the extent of this advance in the issues wTe of case a To show number of selected introduce here the following table: First During Range January Last 1932. Sale Government Bonds. Sale Jan. 2. Lowest. Jan. 30. Highest. Railroad and Industrial Bonds— 97263j 94232 Jan. 26 97jo32 Jan. 2 94"3, 99183j 97 2232 Jan. 25 992832 Jan. 4 41 383* Jan. 54 Jan. 503* 48 Jan. 62 Jan. 26 29 28 Jan. 413* Jan. 21 37 1949 223* 21 Jan. 40 Jan. 14 31 2030 42 38 Jan. 47 Jan. 14 Bklyn Union Elev 1st 5s 70 Jan. 78 Jan. 21 Central Steel 1st 8s 85 Jan. 85 76 Jan. 833* Jan. 48 Jan. 55 Jan. 14 443* Jan. 1153* Jan. 443* Jan. 23* Jan. 59 Jan. 14 51 Jan. 22 117 14 52 Jan. 13 Jan. 14 23* 303* 4}*s of 1932-1938....... 9920sj 98*32 12 992632 Jan. 4 99113a Treasury 4}*s, 1947-1952.. Treasury 4s, 1944-1954 Treasury 3}*s, 1946-1956.. 102103j 98-632 Jan. 12 102i»r2 Jan. Amer & For Power deb 5s 1950 a70 085 1941 793* 1940 513* Internat Paper 5s series A 1947 503* Int Tel & Tel conv deb 4}*s~1939 Liggett & Myers Tob 7s .1944 6116 Jan. Paramount-Fam-Lasky 6s—1947 a463* Shubert Theatres deb g 6s 1942 Warner Bros Pictures conv 6s. 1939 /33* 263* Antioquia (Dept) 7s ser A—1945 al33* 4 Jan. 11 992832 Jan. 4 96»32 891632 Jan. 12 96 Jan. 4 922sa Treasury, 3}*s, 1943-1947.. 921632 872Cs2 Jan. 12 93<32 Jan. 4 Treasury 3}*s, 1940-1943... Treasury 3}*s, 1941-1943... 0931*32 872«32 Jan. 12 931432 Jan. 4 91203, 93 Jan. 2 912<3, 882232 Jan. 4 87332 87i°32 Jan. 4 86232 93 88I32 Treasury, 3}*s, 1946-1949.. 88 83 1 Jan. 11 Treasury 3s, 1951-1955 861*3! 82 33i Jan. Jan. 12 901°32 Opening Range for January. 493* 133* Jan. 443* Jan. 4 1957 4 8 I63* Jan. 553* Jan. 16 1959 51 46 4 55 External 1962 43*s of 1928 Berlin (City) ext s f 6s Bolivia (Rep) ext 7s External 8s.._ Lowest. . Price Highest. 85}* Jan. 88 Jan. 2 73*s. 78 76 Jan. 79}* Jan. 11 Bait & Ohio 1st gold 4s ,..1948 80 77 Jan. 83 Jan. 22 .j._1960 49 42}* Jan. 59 Jan. 14 81H 52>4 69 >* 67Jan. 74 H Jan. 83 Jan. 15 70 Convertible 4>*s Boston & Maine 1st 5s. Ches & Ohio ref & imp .1967 676 76}* 66}* 75}* Jan. 30 83 1947 Jan. 76 Jan. 14 70 Chic Miiw & S P gen 4s ser A. 1989 557 >* 66 Jan. 15 659 Ch M St P & Pac 5s series A.. 1975 34}* 57}* Jan. 30}* Jan. 42 Jan. 13 35 3* Chic& N W conv4?*sser A__ 1949 C C C & St L 4i^s series E...1977 30}* 25 39 Jan. 14 31}* 63}* 62 Jan. Erie ref & Imp 5s of 1927.....1967 Ref & imp 5s of 1930 1975 38 35 Jan. 71}* Jan. 22 49}* Jan. 14 42 X 39 }* 35 Jan. 49 423* a66J* 64 Jan. 640 40 Jan. 4}*s B. 1995 Chesapeake Corp conv 5s Great Nor gen 4>*s series E..1977 111 Cent C St L & N O 5s A...1963 Kan City Sou ref & imp Leh Valley (Pa) gen 4s 5s 1950 ...2003 a63 a46}* Mo-Kan-Tex Ry cum adj 5s—1967 a42 1975 34 Missouri Pacific gen 4s 64 Jan. Jan. 13 73 J* Jan. Jan. 13 54 14 67 66 3* 46 }* 71X Jan. 14 s61}* Jan. 46}* Jan. ^67 573* «553* 58 Jan. 23 39}* Jan. 30}* Jan. 60 Jan. 14 41}* Jan. 14 37 33 H 703* 493* 20 }* 19 Jan. 36 Jan. 28 69}* 68 Jan. 77 Jan. 12 1992 40 38 % Jan. 51 Jan. 22 Pennsylvania RR deb g 4j*s_1970 St Louis-San Francisco- 66 65}* Jan. 74% Jan. 11 26 }* 19 23}* Jan. 4 34 Jan. 14 29 }* 15 4 26}* Jan. 22 223* N Y Chic & St L 4 >*s ser C. 1978 N Y N H & H 1st & ref 4^8-1967 . N Y Ont & West ref 4s. . Gen 4s series A 1950 Con 1978 4}*s series A.. a Jan. 18 Jan. 21 52 42 }* 22 533* Jan. 22 47 4 28J* Jan. 6 24 83* 193* Jan. Jan. Jan. Jan. 2 1947 423* 203* 53* 83* 18 11H 153* 653* 363* 343* 113* 8 Jan. Jan. 12 5 Jan. 2 Jan. Sinking fund 5s - 13 12 Jan. al23* 113* a23 1963 External sinking fund 6s 403* Jan. 44% 7 155* d653* a363* 37 4 28 Jan. 18 24 Jan. 2 233* Jan. 18 8 65 3* J an. 423* Jan. 22 433* Jan. 21 30 15 Jan. 18 £49 2 4 al5 133* Jan. 8 28 3* Jan. 14 6 653* Jan. 39 3* Jan. 14 163* Jan. 21 a433* 43 4 53 a423* el4 4 423* Jan. 113* Jan. 16 4 63* Jan. 2 603* Jan. 2 513* Jan. 603* 1947 External 6s. 513* 1946 8s 1946 1946 c s d Jan. 8. Jan. 6. 648 6113* 63* 73* Jan. 11 763* Jan. 20 593* Jan. 25 69 616 553* e Jan. 6 16 Jan. 23 13 o40 6 Jan. 5. 52 3* Jan. 22 143* Jan. 12 363* 12 13 Uruguay (Rep) 8s. Jan. 593* 615 Jan. 2 21 Jan. 15 218 s313* Jan. cl2 Rio Grande do Sul 8s 12 622 Jan. 1941 Queensland (State) extl 7s 353* 6123* 6123* 273* Jan. 73* 239 18 29 Jan. 213* <265 3* 143* Jan. 16 143* Jan. 15 57 1960 VOLUME 634 683* Jan. 1959 7s 6 Jan. 25. 14 1958 External sink fund 5s Jan. 4. 12 Jan. 22 7s External 6s a 83* Jan. 10 613* 1960 1927.1947 1949 German Internat'l 53*s 1965 Minas Geraes (State) 63*s.._1958 New South Wales (State) 5s. .1957 External sinking fund 6s 52 2 5 Jan. 28 Jan. 28 Colombia Mtge Bk 7s of 13 48 Jan. 25 s47 Jan. 14. /Jan. 13. 0 6 Jan Jan. 27. Deferred delivery. THE STOCK EXCHANGE. OF BUSINESS ON shares) Bond sales (par value)— 8 $ § QOQ 110,805,940 62,308,290 42,423,343 $ 155,841,000 1 1930. 1931. 1932. 34,362,383 Month of January— Stock sales (No. of State, munic. & foreign United States Gov't,.. 66,694,000 69,853,000 175,943,000 64,036,500 17,066,200 140,232,500 56,717,000 8,316,600 163,754,000 61,880,500 13,886,500 Total bond sales.... 292,388,000 257,045,700 205,266,100 239,521,000 Railroad and miscel VOLUME OF BUSINESS Bond sales (par value)— ON THE CURB EXCHANGE. 1931. 8 59,700,000 16,108,800 43,546,800 $ $ S 81,185,000 2,666,000 3,262,000 35,558,000 3,912,000 2,829,000 65,373,000 2,521,000 2,793,000 Domestic 65,014,000 87,113,000 42,299,000 73,152,000 Foreign government Foreign corporate Total bond sales.... THE MONEY MARKET DURING The New York money feature 1 Q9Q 1930. 9,348,900 1932. 5,111,437 Month of January— Stock sales (No of shares) 4,665,000 3,114,000 JANUARY 1932. market during January was without except for the action of the New York Federal in reducing its buying rate for acceptances. Reserve. Bank This naturally led to a general reduction in rates for accept¬ in other branches concerned, though it is to be observed that there was no repetition of the tension in the money market which was so strongly in evidence during December and which found such strong reflection in many actions in the closing week of that month, when huge expansion in the volume of Reserve credit out¬ standing occurred. The lowering of the buying rate for acceptances was widely described as a move by the Federal Reserve banks to check deflation through the implied invita¬ but was wholly without influence ances, market, at least as far as rates are to member resources banks to make more extensive use of the Reserve institutions. merely to assure to the Reserve was of the The real pur¬ banks a larger taking up under repurchase agreements. If purpose—that is, if the intention was to acquire a new supply of bills—it failed of its object, inasmuch as the weekly returns of the Federal Reserve banks showed a constant reduction in the total of the bill holdings of the 12 was the Reserve institutions, were move indicating that dealers in acceptances of their new volumes of bills -without the facilities of the Reserve banks. If the pur¬ able to dispose pose was 85}* Jan. 59 1957 1952 1957 1958 Sept 1961 63*s of 1927 recourse 88 59 1941 Brisbane (City) 5s 1932. Railroad and Industrial Bonds— Atch Top & S Fe gen 4s .1995 Atl Coast Line 1st cons 4s 1952 503* Jan. 16 4 4 Brazil external 8s i Jan. 28. 48 4 483* Jan. 485* Jan. - Rio de Janeiro (City) *13}* 523* 523* >_1956 1958 1969 External Peru (Rep) sec s f 15 49 1955 External loan 5s of 1927—1957 German (Rep) Jan. 49 a49 53*s Australia 5s of 1925. u Chile (Rep) 6s Jan. 393* h703* 085 803* because of the Jan. 30. 1932. 33* 40 Jan. 15 6s of June 1925 that Closing Price Jan. 2 Jan. 54 25 s* supply of new bills to make good the loss in the holdings of bills resulting from the constant running off of the volume of old bills held not alone by reason of their maturity, but 100*33 94 95503! 25 Jan. 117 Foreign Bonds—• Argentine (Govt) 6s ser A pose 99163a , Dodge Bros equip conv 6s credit I Fourth Liberty Loan— A Allegheny Corp coll tr 5s Collateral & conv 5s— 98«32 3}*s, 1932-1947. Cons 4)*s, 1932-1947.... 14 1956 1952 1944 Sou Ry gen 4s series Western Maryland 1st 4s tion First Liberty Loan— 1932. Highest. Lowest. 1932. of the money r Jan. 30 Jan. 2 the dividend for the quarter to (approximately $43,500,000) Price Range for January. Price the company. to to counteract general also deflationary tendencies the failed, since, owing to the reduction in the bill holdings, the volume of Reserve credit outstanding was to the same extent diminished. It deserves to be recorded here that about this time there was much talk about the Federal policy of credit ease Apparently, too, the Federal Reserve authorities were engaged in discussing the subject. The lowering of the bill buying rate occurred on Tuesday, Jan. 12. The day before, a Washington dispatch to the New York "Journal of Commerce," dated Monday, Jan. 11, said that the open market policy to be followed by the Federal Reserve System during the ensuing six months had been developed on that day. Governors of the Federal Reserve Bank, meet¬ ing in secret session as the Open Market Policy Committee of the System, had considered the situation, it was stated, Reserve Bank embarking upon a new and credit inflation. and had laid down a program was ury for the half-year period. It reported that Under Secretary of the Treas¬ Ogden L. Mills had conferred with the Committee at furthermore 10 MONTHLY , session, principally to explain to the afternoon the and probably to give them some year details of President for the strengthening of business banks, though no official statement was the would be to cause an increase in commodity to experts." some prices, necessary in the view of of good business conditions, restoration The next day (Jan. 12) the same corre¬ spondent remarked that with virtually a complete picture of the banking, financial and business situation, and details of the Administration's plan for rehabilitation clearly out¬ Federal Market Policy Committee of the lined,- the Open Reserve System had adjourned its midwinter meeting. It was also stated that after extensive conferences with Gover¬ Under Secretary Ogrien L. Mills, Deputy Comptroller of the Currency F. A. Await, and other officials, the Committee, Eugene Meyer, of the Reserve Board, nor of the Treasury of the various Reserve Governors of the consisted which banks, held a formal meeting with the entire Federal Reserve Board. The nature of the discussion, it was stated, was but the general impression was that the conjunction with emergency closely guarded, Federal Reserve would work in organizations authorized already, or to be set up, in an about a turn in the tide of the depreciation. effort to bring to aid banks. Especially would the System be in a position possibility of this assistance, it was declared, would be strengthened materially by the establishment of the $2,000,000,000 Reconstruction Finance Corporation. The accounts in some of the other papers with regard to the matter pre¬ sented the situation in even stronger light. The New York The rate for "Times," in speaking of the reduction in the buying acceptances, believed to be described it as the first move in what was a new and aggressive anti-deflation campaign, Street "The action was widely interpreted in Wall adding: effort by the Federal Reserve authori¬ deflation in security prices. It is believed that the Central Bank will shortly follow up with as the prelude to a new ties to combat the crushing bonds and a direct-action campaign, among the banks urging them to avail themselves more fully of Federal Reserve credit for the purpose of extending assistance to their customers and obviating continued forced sales of securities." Governor George L. Harrison, of the New York Federal Reserve Bank, who expressed similar views in an address delivered by heavy purchases of United States Government him midwinter the at New York City of the meeting in New York State Bankers' Association on Jan. 8. Governor great pains to declare his position in Harrison seemed 'at saying, among other things, after an analysis of the situation as it appeared to him: "One thing is certain, deflation of credit must stop if we hope to see an early turn in the tide." "As I see it," he said, "the machinery to stop, this deflation and gradually to build up a structure of sound values and sound business is that respect, available. We need What we In leading Mr. Harrison made the "The total volume of bank credit in to this conclusion, up following statement: the . \ to go ahead." courage . . ourselves and the in billion dollars in country has declined oved 6% the past two years; over four billion dollars in the past year, and probably over 2% billion dollars in the past three months alone—a terrific deflation of loans and investments at Incidentally this is perhaps the increasing^ momentum. main bank Colonel Leonard P. Ayres, of the Cleveland deposits." Trust Co.. rapid reduction in why you have had such a reason effect, saying that deflation had gone far enough and should cease lest it result in general disaster.. It himself to expressed important seems the note here to same the uppermost in men's minds at this time. was intention any to promote views that were However, if there greater ease, to check or deflationary tendencies carried to fruition analysis further Reserve followed by acceptances by any N. Y. Reserve the of the statements of the Federal Banks makes plain. for rate so called, they were certainly not during the month of January, as our below Richmond The lowering of its buying the Federal Reserve was not reduction in the rediscount rate of the bank, though towards the Close of the month Reserve bank and Dallas Reserve bank the both reduced that maintained by the N. Y. Reserve bank and the other their rediscount rates to Reserve institutions, namely however, may withdrawal the figure as same 3y2%. "The Reserve officials, have been deterred by the resumption of gold for exports on a scale large for account of France and several other European countries and the attend¬ ing news about At all events volumes was from Paris that France intended recalling home $125,000,000 or of there even the its was same gold deposits plainly no volume of in need this for country. 'additional Reserve credit. made plainly evident by the failure of the lower rate for acceptances to attract any That buying supplies of bills. The truth is that, with year-end monetary turnover accomplished, funds once more gravitated to the N. Y. money market, as at opening the time the In the market of branch loan there was no As a matter of fact there was little or nothing doing in time money, with almost a complete absence of any demand for this class of accommodation. Rates were nominally By2@3%% for all periods and with each transaction (whenever there was one) the subject change in conditions. 122103476589 of the special negotiation. Nor was there any change during month in the commercial paper market. Very little was paper available and such as could be obtained was Rates remained unchanged with quo¬ choice names of 4 to 6 months maturity at 3%@ quickly disposed of. tations for 4%, with the rate on names less well known 4^4%. On some very high class 90-day paper occasional transactions were noted at 3y2%. The N. Y. Federal Reserve Bank in an announcement on Jan. 22, said that reports received by it from commercial paper dealers showed a total of $117,714,784 of open market commercial paper outstanding on Dec. 31 1931. A similar statement for Nov. 30, made the amount then $173,684,384. In its "Monthly Review," issued under date of Feb. 1, the N. Y. Reserve Bank had the following to say with reference to the commercial paper market. * investment demand "Bank for open market commercial showed some improvement following the turn of the year, although, in the aggregate, takings of paper by the banks throughout the country continued slmaill, id paper with keeping the limited amount of new paper Choice paper maturing within coming 90 days was the most desired, but the dealers reported particular difficulty in acquiring this type of paper. Reflecting the continued small supply of open market commercial paper, outstandings of the reporting dealers aggregated $118,000,000 at the end of December. This represents a decline of 32% from November and of 67% from December 1930." into the market. DAILY RECORD OF TIME LOAN RATES. Rates on Mixed Collateral. January 1932. 60 Days. 60 Days. 90 Days. 2 6 3 3 ....... 3 8 @4 @4 @4 @4 @4 3 @4 @4 @4 3 3 @4 @4 @4 @4 @4 @4 3 3 @4 @4 @4 @4 @4= @4 @4 3 @4 @4 @4 @4 Satur day 9 30 6 Months. Sun day 5 @4 @4 3 24 5 Months. Satur day . 3 4 13 4 Months. Holl day 1 7 the brakes. need is to release restoration of confidence a customary gold were on a large scale, half- and of forthcoming. Among the economic proposals receiving much attention, we were told, and which probably had been taken up at the meeting,,was that of a further ease of the credit situation, possibly through some type of inflation by issuance of a greater volume of Federal notes. "Some, inflation would prove beneficial, it is held, although those opposing such a program pointed to the danger of its getting out of control and causing more harm than good. The object of inflation Hoover's program of the year. Exports of but even this was a matter of no great consequence in the absence of any demand for accomodation, either from the business world, with the times so bad, or on stock market account with speculation 'almost wholly dormant. v The call loan rate on the Stock Exchange on Monday Jan. 4, was 3%%, both for new loans and for renewals. On Tuesday Jan. 5, after renewals had again been effected at Sy2%, the rate for new loans dropped to 3%. On Jan. 6, all loans were at'3% and on Jan. 7, after renewals had again been put through at 3%, the rate for new loans whs marked down to 2y2% and this latter remained the rate unchanged for the rest of the month for renewals and new loans alike. Outside the Stock Exchange there were occassional offerings at concessions from the Stock Exchange figure of 2y2%, the rate on such occasions being usually 2%%, with the offerings as a rule quite meager. is Gover¬ Treasury's financial requirements for the next the nors REVIEW Sun day 3 @4 3 3 3 3 @4 3 3 3 3 @4 @4 3 3 @4 @4 @4 3 @4 3^@3Ji ....... 3 @4 @4 @4 3" @4 3^@3Ji 3 3 3>*@3^ @4 @4 @4 @4 3X@3'A 3 3 @4 @4 @4 ©4 3 @4 3 3X@3K @4 @4 @4 3K%3% 3X@3K 3X@3H 3X@3% 3X@3H 3X©3H 3**@3?i 3 ^@3 H 3K@3% 3H@3 H 3X@3X 3H@3& 3X@3*A 3M@3X 3)A©3% 3X@3°A 3X@3»A 3h@3A 3X@3'A 3X@3»A 3X@3yi 3 3 3 3 Satur day Sun day 3H@3 'A 3^@3 H 3^®3'A 3^@3 H 3tf@3»A 3H@3H 3X@3K 3X@3% 3^@3H 3X@3X ... 3^@3»4 3h@3% 3^©3% 3^@3 H 3K@3% 3^@3^ 3>*@3^ 3X®3H 3X@3 H 3X@3H 3\i®3% 3X@3»A 3^@3 % 3^@3J* 3X@3X 3X@3H 3H©3X 3^@3M 3X©3% Satur day Sun day .1 3>*@3^ 3^@3 H 3X@3H 3X@3H 3X@3°A 3)4@3% 3X@3H 3X@3X 3y>©3% 3X@3X Satur day ....... Sun day the feature of Federal Reserve Bank in reducing its buying rate for bills. This occurred on Tuesday Jan. 12. Previously the Bank had been buying acceptances with a maturity of from 1 to 45 days on a discount basis of 3% per annum and bills running from 46 to 120 days on-a discount basis of Sy8% per annum. Now it lowered its rates fbr the purchase of bills to 2%% on maturities of 1 to 45 days and to 3% on maturities running from 46 to 120 days, with 3*4% the rate on bills running from 121 to 180 days. Following this action open market rates for acceptances were also marked down, though not for all maturities simultaneously, reductions being made on successive days, first for one or two maturities, then for others with some further cuts as late as Friday Jan. 15, on which latter day the American Acceptance Council quoted the prevailing rate as being 2%% bid and 2%% asked for bills running 30, 60, and 90 days; 3%% bid and 3% asked for 120 days and 3%% bid and 3^% asked for 150 days and 180 days. These rates remained unaltered for the remainder of the month. The underlying conditions influencing the action of the Reserve authorities in lowerIn the course market for was bankers the action of acceptances, the N. Y. ing their rates for the purchase of bills have been discussed above in the opening paragraph regarding the money market. The American Acceptance Council on Jan. 20, reported a further reduction of $28,245,355 in the volume of bankers outstanding from $1,002,304,705 Nov. 30, to Dec. 31. This last was the smallest volume acceptances $974,059,350 on of the year and $581,906,851 less than the amount at the end of 1930 and $750,000,000 less than the all time high of 31 Dec. 1929. The market for January had the dealing with the acceptance following to "The N. Y. in Federal Reserve Bank of say: dealers bill the began new with year fairly a large volume of bills in their portfolios, due to substan¬ tial sales by New York banks at the year-end. Early in investment demand for bills on the part of increased, which, together with con¬ January the domestic institutions tinued purchases of bills by foreign central banks, resulted in a reduction of dealers' holdings to comparatively small proportions. Consequently, open market rates were reduced following the changes made in the Reservd Bank's buying rates on Jan. 12, and a few days later certain maturities of bills were reduced further in an effort to attract offerings reduce The net result of these changes was to of bills. open offering rates for unindorsed bills up to 90-day maturity to 2%%, a decrease of %% for the month; fiveand six-month bills showed a decline of %% in offering market 1265378942 %% in bid rates; and the four-month maturity %% in the bid rate, with the offering quotation unchanged. The changes made in the bills of longer than 90-day maturity narrowed the spread between bid and offering rates to %%, the same range as prevailed for the rates and of lowered was shorter bills. "Notwithstanding . structure in rate the lower the bill the investment demand for bills continued rather active and on the whole banks were not disposed to sell market, bills their from the ample supply of market resulting from a substantial move¬ due holdings, funds in the money to ment of funds to New York from other districts. bills in Consequently, portfolios of discount houses continued small through the balance of the month. "The Federal Reserve Banks' holdings of acceptances the of 'amount declined continuously the January,.due during to the good banks, and from domestic and foreign investment demand $162,000,000, compared with $327,000,000 on December 30. The retirement of Reserve Bank bill holdings was largest during the first part of on January 27 the month Banks amounted when to had been sold to the Reserve bills which under repurchase agreement In the closing days repurchased by the dealers. Maturities from outright holdings also were heavier in the early part of December were After the sharp Accept'ces 120 Days 150 Days 180 Days 90 Days 60 Days 30 Days Bid & Ask Bid & Ask Bid & Ask Bid <k Ask Bid & Ask Bid dk Ask expansion in the volume of Reserve course 3 Sunday 4 3*4-3 3*4-3 3*4-3 3 Hi-3 3*4-3 5 6 7 8.... 3%-3 3%-3 3*4-3 3%-3 3%-3 9 314-3% 314-3% 314-3% 314-3% 314-3% 314-3% 3Hi-3Hi 3*4-3*4 314-3% 314-3% 3%-3 3*4-3 3*4-3 3 H-3 3%-3 314-3% the to 3%-3% 3%-3% 3%-3% 3%-3% 314-3% 3%-3% 3%-3% 3*4-3*4 3%-3% 3%-3% 3%-3% 3%-3% 3%-3% 3*4-3*4 3%-3% 3%-3% 3%-3% 3%-3% 3 Hi ~3 3 Hi—3 3%-3% 3 Hi-3 *4 3*4-3*4 3 Hi-3 *4 3%-3% 3%-3% 3*4-3*4 3*4-3*4 3*4-3*4 3*4-3*4 Saturday lowering of the buying rate for acceptances by the New 12, was made with that object the York Reserve bank on Jan. view or rather it was made in a 3H»-3 3 Hi-3 3Hi-3 3 Hi- 3 3 3*4-3 3*4-3 214-2% 2*4-2*4 2*4-2*4 3 3 -2*4 -2% Hi-3 3 -214 214-2% 2*4-2*4 18 Saturday Sunday 2*4-2*4 2*4-2*4 2*4-2*4 2*4-2*4 2*4-2*4 20— 214-2% 214-2% 214-2% 214-2% 214-2% 2*4-2*4 214-2% 214-2% 214-2% 2*4-2*4 Saturday Sunday 2*4-2 % 214-2% 2*4-2 % 214-2 % 2*4-2*4 2%-2% 2%-2%. 2*4-2*4 214-2% 214-2% 2*4-2*4 2*4-2*4 2%-2% 214-2% 214-2% 31— In there 314-3 314-3 314-3 Saturday Sunday 30— the rediscount two were rates of the Federal Reserve Banks Both the Federal changes during January. Reserve Bank of Dallas and the Reserve Bank of Richmond marked mond their Reserve down rates bank 4% from announcement to 3%%. The Jan. Rich¬ became effective Jan. 28. came on This brought the rate on banks to the uniform Sy2%. basis of RATES FOR MONEY AT NEW YORK. Jan. 9. Week Ended— Call loans on Jan. 16. Jan. 23. Stock Exchange— Range for week (mixed & Industrial coll.). 2%@3% 2%@2% 2%@2% 3 Week's average (mixed & industral coll.). 2% 2% (mixed & Industrial coll.)— Time loans Thirty days.. 3 Sixty days— 3 Ninety days...... Four months....... .... Five months Six months ...... ... @4 @4 @4 @4 @4 @4 3 3@4 @4 @4 @4 @4 @4 3%®3% 3*4 @3 *4 3*4@3?4 3*4@3*4 3*4@3*4 3*4@3*4 Commercial paper- Holdings of U. S. government securities were reduced, falling from $803,228,000 Dec. 30 $837,639,000. somewhat also to as purpose, 751,716,000 Jan. 27. As against this the holdings of other representing loans to the Intermediate Credit were somewhat larger, standing at $36,296,000 Jan. 27, securities banks Dec. 30. The final result was that security holdings, representing the amount of Reserve credit outstanding, decreased from $2,185,216,000 $30,880,000 against total bill and that however, the of amount 27 Jan. on there no was Federal Reserve notes considerably fluctuated amount Good 4 to 6 months It is important to note, corresponding reduction in $1,787,912,000 Jan. 27. Dec. 30 to stood at from $2,627,296,000 in circulation. week to week against The and $2,613,104,000 which date there had been a decrease from Dec. 30, at $2,- 661,206,000 Dec. 23. Gold reserves were $2,986,986,000 Jan. 27, 'as compared with $2,987,564,000 Dec. 30. The ratio of reserves of all kinds to deposits and Federal Re¬ serve note liabilities combined was considerably improved, Dec. 30 to 67.4% Jan. 27. While the holdings of the Reserve banks were heavily already indicated, their holdings for account rising from 61.9% acceptance reduced of as increased and Jan. 27, were re¬ foreign central banks ported at $304,777,000 against $248,529,000 Dec. 30. Deposits of foreign banks with the Reserve institutions fluctuated somewhat and Jan. 27 were $79,937,000 against $77i259,000 Dec. 30 and $107,823,000 Dec. little loans have 23. undergone attaches to the interest such huge1 diminution Suffice it to figures. that the amount of these loans further declined during January dropping from $591,000,000 Dec. 30, to $513,000,000 Jan. 27 or the lowest since Feb. 1 1918 when the amount The borrowings by Stock Ex¬ change itself, also showed further contraction. The total of such borrowings for Saturday Jan. 30, is reported at $512,017,942 against $587,159,813 Dec. 31; $730,151,908 on Nov. 30; $796,268,768 on Oct. 31; $1,044,107,879 on Sept. 30 and $1,354,067,350 on Aug. 31. \ , COURSE OF STERLING EXCHANGE DURING JANUARY. showed decided improvement during experiencing considerable fluctuations. Seasonal influences have a tendency to stiffen sterling at the current time, in the removal of a good part of the pressure to pay for importations of grain, cotton, &c., though it is recognized that the normal functioning of international exchanges must await the solution of Interna¬ tional banking problems of large Consequence. There were also expectations, nearly all through the month, that the Bank of England might lower its discount rate from the high figure of 6% established the previous September. Open market rate for money sharply declined and at the close of January discounts for short bills were 4%@5^4 against 5%@5% at the end of December while three months bills were quoted at 5@5%% as against 5 9/16@6% at Sterling exchange January, the end was though of December. being strengthened India, aside Africa. from the Then also Great Britain's position by large shipments of gold from 3*4@4*4 3%@4% 3J4@4*4 354 @4*4 4*4 4*4 4*4 4*4 Associated regular importations from Press advices from Bombay South Jan. stated that India had shipped more Federal Double and single names: Prime 4 to 6 months it proved ineffectual there was no difficulty in finding a market for acceptances and accordingly there was no need of tendering bills to the Reserve banks. The acceptance holdings of the 12 Reserve institutions fell from $326,975,000 Dec. 30 to $162,261,000 Jan. 27. At the same time the discount holdings of the 12 Reserve institutions fell from $1,024,133,000 Dec. 30 to $818,216,000 Jan. 6, and the last week of the month (Jan. 27) increased again to the 16, than $100,000,000 worth of gold to London since Great Britain abandoned the gold standard on Sept. 21 1931, and if shipments were continued all the at the present rate they were expected to double the entire world output of gold in the year 1931 which was estimated at approximately $420,000,000. Despite adverse trade condi¬ tions created by the disturbed political situation in India, Jan. 30. more than $9,000,000 in gold had been shipped to London on that very day. It was added that this steady outgo 2*4@2*4 was regarded by financiers as an important contributing 2*4 factor to the recent rise in the pound sterling. Further 3*4@3?4 evidence of the improvement that was taking place came 3*4 @3*4 3*4@3*4 on Jan. 25, when a statement from the Bank of England 3*4@3*4 announced that the Bank would terminate at maturity on 3*4@3*4 3*4@3J4 -'Feb. 1, the £15,000,000 gold credit still carried with the 23, the lower rate being made effective on Jan. 25. The change by the Dallas Reserve bank was announced Jan. 27 and 12 Reserve with the, idea of attracting supply of bills, but as already shown for Sunday 10..- in As narrated further above, in our discussion of the money market, there was much talk about the Reserve banks desiring to ease the credit situation, and lessened. like manner 314-3% 3%-3 3H-3 314-3 3*4—3 3 Hi ~3 3*4-3 3 Hi-3 3*4-3 3*4-3 3*4-3 3*4-3 Hi-3 3*4-3 3*4-3 3*4-3 3 the and Re¬ change members, as reported once a month by the Stock Ex¬ Saturday 2 The the year settlements, likewise returned. facilities of the Federal Reserve Banks end. of the reported was $510,179,000. Holiday 1- credit the withdrawn for holiday purposes returned to banks and the money needed for the end of the montb say Secured by MEMBER AND money that BANKERS ACCEPTANCES. OF THE FEDERAL RESERVE BANKS—BROKERS' LOANS. outstanding during December there came in January usual contraction following the turn of the year. Broker's Call Loans Jan. RETURNS THE of the month." PRIME 11 REVIEW MONTHLY 000.000 in both banks and also a similar credit of £15,with the Bank of France. The credits instances, when negotiated the previous Aug. 1, reserve still open \ MONTHLY but repayment of an.amount of £25,000,000 each for were £10,000,000 of each credit was effected at the end of In other words on Aug. 11931 the Bank of England and obtained $125,000,000 from our Federal Reserve banks another credit of $125,000,000 from the bank of France, credit a October. of repaid $50,000,000 in leaving $75,000,000 of each credit still out or $150,000,000 together. While the $75,000,000 credit in each instance was still outstanding it was apparantely hot in use, at least not in the United States, since the announcement of the termination of the isame was accompanied by the statement that "this repay¬ ment will not involve any reduction in the Bank of Eng¬ land gold reserves." As to the French portibn of the credit reports Feb. 1 stated that reimbursement had been effected through francs which the Bank of England bought in $250,000,000 making but together, each instance at the end of three months, the Paris market thus avoiding touching British gold reserves. apparently also support of sterling from another source. Foreign exchange circles the latter part of the month seated that sterling was being supported by French There was pegging operations. of transfer systematic A French by way of New York was balances from London to Paris reported to be in progress and French banking interests were seemingly controlling the sterling market to ensure transfer of these funds. The operation was beginning by the selling of sterling against dollars for French account, with the next step the purchase orderly an described as of francs for which there has been a steady demand in the The sterling balances are being transYork, it is explained, for two reasons: first because the sterling-franc market is too thin to allow successful operation; second, gold can be obtained in New York for shipment to Paris whenever the exchange rates permit the purchase of the metal. The French were also said to be capitalizing the seasonal trends. Normally for the ensuing few months sterling receives support against exchange market. to New fered dollars commercial for support This requirements. was during the latter part of January. A fluctuating rate, it was argued, would interfere with the strongly apparent consequently, so foreign exchange stated, at any sign of weakening in the sterling French bid of substantial size would make its French rate and program brokers a This, appearance. with the normal seasonal de¬ coupled mand, was said to be sufficient to discourage the formation of a substantial short interest. On Jan. 2, the rate here for cable A transfers 3.39% and London ranged between on On Jan. 6, sales were reported at as low as 3.35. 3.40%. Jan. 8 followed. Then weakness for a couple of days after quick improvement to 3.41% there occurred some rate on its resumed upward course and touched 3.49% on Jan. 15. After that the market sagged somewhat and on Jan. 30 the range was 3.45%@3.54%. The latter which the part of the month sterling futures sold at a premium whereas they were quoted at a slight discount. The England showed only slight changes in its gold previously Bank of return for the week ending Jan. 6, registered a loss of £24,091, that for Jan. 13, a gain of £6,205; that for Jan. 20 a loss of £9,664; and that for Jan. 27, a gain of £28,662. On Jan. 30 it was announced that the period for the maintenance of the fiduciary note issue at £275.000,000 had been extended to holdings from week week. to The REVIEW month, including shipments $83,700,000 to France, $12,400,000 to Belgium, $6,200,000 to Holland, $3,400,000 to England, and $1,700,000 to Switzerland. Partially offsetting these exports were $9,100,000 of gold received at New York from Argentina, $4,500,000 from India, $3,900,000 from Canada. $2,900,000 from Colombia, and $650,000 from Cuba; also $10,100,000 of gold received at San Francisco from Japan. In 'addition to these imports there was a net decrease of $25,400,000 in the amount of gold held u!: -or earmark for foreign account." "Gold the for shipments earmark, involved exports of from THE CONTINENTAL AND OTHER FOREIGN the other governed growing out of the action of the Bank by the operations of France in resuming withdrawals of gold in this country shipment to France. As stated immediately above, the export movement of gold from the United States was again on a large scale. The exports of the metal to France for the month aggregated no less than $83,700,000, besides for which $12,400,000 was taken for Belgium, $6,200,000 for Holland, $3,400,000 for England and or a under earmark for foreign account was of gold held extent the latter half of the month. some The discount only 13%@13% Jan. 30 as against 15%@ 16%% was Jan. 4. It was stated on Jan. 18 that the action taken by the Canadian Bankers Association the previous month to control, inso far as they were able, the purchase on abroad securities of remedial effect and by Canada of residents restrictions had had the sale of foreign on a ex¬ change by the banks would be relaxed. This was according an announcement on Jan. 18 by John A. McLeod, Presi¬ to dent Association. the of wherever banks the However, would, possible, discourage purchases of securities held abroad, appealing to their customers to refrain from making such purchases while the excessive exchange rates continued. As to the gold movement in and out of the United States it has already been indicated in our remarks further above with reference to the money market that exports of the heavy especially to France which had resumed withdrawals of the metal on a large scale, and indicated that metal she our were contemplated ultimate withdrawals of $125,000,000 from Federal Reserve banks on this January $83,700,000 altogether but count, $25,400,000 of "During first banks half largely stock of the United from the month, of the gold of of the of Great footsteps basis for such rumors. A Paris cablegram, Jan. 18, stated that the American Embassy any to the New York "Times" had issued to the statement a French press on that date declaration by President Hoover on Jan. 19, not previously published in Paris, in which the President asserted that the budget of the United States would be balanced for the year beginning July 1. "The calling Its attention to 'a thus enunciated by the President would seem to against inflation of the public debt" the Embassy's announcement concluded, according to the cablegram, which policy insure said also York dispatches by believed to have been H. Parker Willis, New French daily which had been statement the that forth called banking expert, to a was from widely quoted there. It appears also that Paris was much disturbed by a report that Senator David A. Reed, Republican, of Pennsyl¬ vania had said that the United States might seize French assets in the United States as part payment for debts owed by France to this country. The statement, it seems, appeared in an article by the former Prime Minister of France, M. Herriot, which in he said: time under nesujlt had gold January, balanced, the and In the fairly substantial been previously there earmark a monetary were for second and denied that made any United he ever said anything of the have kind. "I never It would have been silly of me statement like that, or any statement such statement. made any In discussing the inter¬ governmental debts in a radio speech last week a statement that the French Republic had on I did make deposit in to make the annual installments due on her debt to us; that she had enough on deposit there to pay for ten years in¬ stallments on her obligations to this country. I made that ■statement for the purpose of showing that no question of exchange, or balance of commodities, or trade balance,, was involved in her capacity to pay. I did not say this country would or could attach those balances which she has in New York City. It would have been silly to say so. If we were at war with her we might seize them as enemy New York ten times as much money as was necessary collect that debt." established that the Bank of France contemplated withdrawal altogether of $125,000,000 of gold held in this country. Thus the New York "Times," in its issue of Jan. 20, in referring to the move¬ ment to France, had the following to say: property, but we are not going to war to However, it became pretty well of gold Federal Reserve Bank of New York. The transfer, which is to be made in ten shipments of abov.t $12,500,000 each, will not involve any increase in the gold holdings of the French central bank nor any decrease in the monetary gold stocks of this country, which amounted on last Wednesday to $4,457,000,000. In discussing the pperation yesterday bankers here explained that the Bank of France had conveyed its intention of taking home its store of earmarked gold last October, when two representatives of the French bank were in this country. Sincd no loss of gold to this country is involved, the action will be without effect upon the money market, bankers eaid. The which Bank it of France holds under gold of the principally earmarked, but at additional foreign half exports, amounts of banks. $45,0tX),O0O in central decline of about country's gold stock during this period. was exports gold held for foreign "David A. Reed, Senator, has told us that his country might under certain circumstances seize our assets." But Senator Reed States has arranged to repatriate $125,000,000 earmark in the vaults of the $400,000,000 Earmarked Metal. States showed virtually no net change December. were which same placed net end there have represented S. gold movement for the month as follows: the imports and changes in earmarked central to seems During French ac¬ taken on The N. Y. Federal Reserve Bank gold held under earmark. summarizes U. this movement. new were inflation, and be forced to Britain and depart off the gold standard. These rumors gained such wide currency and repeated so persistently that our Government found it incumbent to issue a statement denying that there was in follow susceptible of such construction. dollar lessened to States was gold standard, that the United abandoned the engaging in a policy of credit and currency that as a consequence the country might to throughout the month, but the depreciation of the Canadian $25,- There was a repetition of the rumors, so widely circulated the previous September when Great Britain 400,000. April 30; it will be recalled that £15,000,000 had been added to show a heavy discount $1,700,000 for Switzer¬ total of $107,400,000, part of this but only a part represented gold previously earmarked for foreign account and now packed for shipment abroad. This is evident from the fact that the net decrease for the month in the amount land, the previous August. Canadian exchange continued EXCHANGES. and also exchange on some of Continental countries, was to a considerable extent French exchange, gold The the $400,000,000 gold is set aside in the vaults of the Federal Reserve under earmark for foreign account, of which the Bank of France About Bank the National Bank of Belgium is estimated to hold is owned by other central banks, including the Central Bank of Switzerland and the Bank of the Netherlands. None of this gold is included in the $4,457,000,000 of monetary gold stocks of the United States. The foreign central banks for whose account owns $125,000,000; nearly as much, and the rest the earmarked gold has been set aside regard the metal as though it were Monthly lodged in their In vaults and include it in their statements of gold reserves. own addition to the $125,000,000 of earmarked gold which the Bank of France holds in this market, the French bank of issue is estimated to have about $100,000,000 of deposits with commercial banks and to own the bulk of the $75,129,000 of deposits and $285,141,000 of acceptances held by the. Federal Reserve banks Total dollar amount to of some for balances the account of foreign correspondents. Bank of France of the its funds, little by little, and the total amount now held in this market is believed to be substantially less, possibly 000,000. $400,000,000 or $450,- ' Recent reports from Paris information for current France the subject, on time some balances dollar but see that be would for no cause a diminution healthy a Bankers here the in may without are The opinion has concern. volume of Bank of development. * In London, liowever, the belief prevailed in certain quar¬ that the action of the Bank of France in ters such of amounts Government with with the French the withdrawing gold from the United States political and intended to bring pressure act view possibly upon of Government with reparations payments. As to the partlythe American was influencing it respect to reasons to German influencing Bel¬ gium in its withdrawals of Belgium balances in the United States, Associated Press cablegrams from Brussels Jan. 23 said that Bank of Belgium Belgium gold from deposi¬ tories in the United States were in pursuance of a policy adopted last September. At that time, he explained, Bel¬ gium decided to abandon the gold exchange standard, had the director 000,000 credit The renewal three of National the stated that withdrawals of substituting the gold bullion standard, and to convert its Bank Jan. dition that the other to On the other hand the opinion of Dutch bankers seemed to be divided about the for reason the recall of her foreign balances by France, with the re¬ sultant gold movement. At least that was what Amsterdam Jan. Jan. 25 22 said, The latter had on participants in the credit would agree The Bank for International Settle¬ similar extension. a Settlements. agreed to extend its portion of the credit on con¬ in share the $27,000,000 credit to Austria expiring on $20,000,000 to Hungary expiring on Jan. 18 $4,000,000 to Yugoslavia expiring on Jan. 28. It did so after noting that all the other contributors had agreed to do the same. It should be added that the French Bank agreed to leave its money in the hands of the ReichsJan; 16, and the the bank appearing in the "Alii adding: New York bankers "Times" recognize that excessive foreign credits of the kind mean month for another only if the latter obtained from the German Government assurance that no obstacle would be put in the way of the export of German gold to amount of $25,000,000 should the credit be recalled after the new Extension for one month of the $25,000,000 Federal Reserve credit was announced Feb. 3. The Bank of Germany in its return for the first quarter of January recorded a loss in gold of 4,912,000 marks, for the second quarter a loss of 12,802,000 marks for the third quarter a loss of 9,844,000 marks, and for the final quarter of the month a loss of 8,572,000 marks. term. Austrian affairs became further greatly disturbed. As¬ sociated Press advices from Vienna Jan. 9 stated that the Austrian Nduonal Bank had ordered the banks of Vienna to of International for 11 creditors cablegram, subject to similar action being taken by was participants in the credit, namely the Federal Reserve Bank of New York, the Bank of England and the balances in all markets, including New York, Paris, Amster¬ Stockholm. summer would be renewed but only for one month. other dam and the previous Germany granted to due Feb. 4 and ments also at the same time renewed for three months its have indicated that the Bank of France accelerate the repatriation of its foreign balances. been estimated last fall to were $600,000,000, but since then the Bank of France has repatriated 13 review declare moratorium a under further on still stand the payments to agreement of foreign September 1930; that agreement provided that short term credit totaling about $27,000,000 then falling due were to be repaid in installments over a three year period. In a circular letter National the situation" it Bank said that: "In view of the present longer will prevent export of foreign ex¬ no danger, as was abundently proved by the experience of London last summer. Therefore it is agreed that some correction in existing change for that conditions interests, had agreed to a revised "still-haltung" agreement respecting Austrian short term credits, with the scale of payment under the new plan reduced in conformity to the volume of foreign exchange at the disposal of the is undesirable. not cumstancesmake cause, object of an The large movements, cir¬ present from whatever suspicion." franc French gold Nevertheless was firm throughout the month and generally above the gold export point except for an occasional dip downward. At the beginning of the month there was weakness and Cable transfers some Paris dropped from Jan. 9, but quick re¬ on 3.9313/16 on Jan. 2 t<M.9113/16 on covery followed and on January 16 the French franc touched 3.94; on January 30 noticed was of cause the J$ie range was 3.93%@3.93%. It wrh|inever the rate dipped, whether be¬ that inactivity Jn trading market aware would in opinion discussion our prevailed that balances the to turn above that ''Step in with the sharply upward again. ready were from or from French the) rate wa^made sterling exchange that the systematic transfer of French the to 15 it showed week a further gain of 567,356,957 francs;- in ending Jan. 22 still another gain of 842,372,418 francs and in the week ending Jan. 29 (a gain of 936,000,000 francs. That the Bank was calling home its foreign balances appeared from the fact that its credit balances abroad de¬ clined 1,223,000,000 francs in the week etading Jan. 8; 726,000,000 francs in the week ending Jan. 15; 951,000,000 francs in the week ending Jan. 22 and 572,000,000 francs in the week ending Jan. 29. As to changes in discount « rates by central banks the Jan. 13 advanced itfs rate National Bank of Belgium on 1% to 3%%, this being the first change since July 31 1930. On Jan. 12 the Bank of Greece raised its rate from 11% to 12%, the 11% rate having been in effect since Oct. 29 1931. The Hungarian National Bank on Jan. 20 reduced from 8% to 7% and the* Bank of Estonia on Jan. 29 reduced from 6%% 5%%. to On Jan. 14 the Imperial Bank of 8% to 7%, the 8% rate having pre¬ Sept. 22 1931. On Jan. 21 the Banco de Repoblica of Colombia lowered its rate from 7% to 6%. The German mark turned sharply lower during January, India reduced vailed but with substantial recovery the latter part of the month, though what significance attached to the changes is not known, since all the foreign exchange and financial opera¬ tions in Germany are under the control of the Government and the Bank of Cable transfers Germany, exercised by means of decrees. Berlin dropped from 23.80 Jan. 2 to on 23.55 Jan. 19 and then recovered, so that the range Jan. 30 was 23.61@23.69. There were some developments further most of these on Jan. in above 9 in German the affairs earlier which have" Saturday important been portion of this article. noted The political factors, such as the declaration Chancellor Bruening that Germany is no were by longer able to make reparations payments of any kind and the repercussions to which this led. Germany was pleased, however, that the large body of short term private credits included in the standstill agreement was to be extended for another year, though with qualifying conditions to cover pos¬ sible contingencies. Governor Moret of the Bank of France stated Jan. at the annual meeting of the Bank 28 that hand United Bank of the Bank's share stockholders ($25,000,000) on in the $100,- invited A cablegram of the new agreement Press advices from Dec. 31. Vienna On effective the stated other that the England had agreed to a three months extension 100,000,000 Austrian it guarantee ($21,000,000) schillings The cable added that when the loan understood was loan. made last summer was that it would be long as necessary. Bankers here explained the discrepancy between the American agreement and the three months agreement of the Bank of England by the state¬ ment that their agreement would only be continued beyond the three months time limit if all other interested countries as It concurred. Austrian was banks, stated that under the other than the new Credit arrangement Anstalt, would 5% of the total volume Previously they paid 15% every undertake to pay every ninety days of credits outstanding. ninety days. On Jan. 20 Vienna advices to the New York "Times" stated that of fresh postponement of the settlement a foreign short term debts of all Austrian banks, except the Credit amounting Anstalt, announced that night. The to $23,000,000, National Bank had which been three weeks previously had notified foreign creditors that Aus¬ were unable to continue their quarterly amorti¬ zation payments of 15% of the sums due them, later agreed to a continuance of these payments, which, howrever, were subsequently reduced from 15% to 5%. The Bank now trian banks announced that it was unable to sanction the agreement just reached between the Austrian banks and their foreign creditors. The Bank supported its action by to the insistence of the of League of Nations maintaining Austria's said it must press for a tion from since were American bankers, the committee 11 and to extend it to Jan. renewed Paris by way of New York The Bank of France in its state¬ ment for the week ending Jan. 8 recorded an increase in gold holdings of 416,426,077 francs; in the week ending Jan. of as cause, bjeing engaged in. was Austrian National Bank. declared, had consented to make the authorities result that Reference creditors agreement. a new Jan. 15 said that international bankers, including American without of a London other any Foreign purpose. to a conference to arrange on reference a the necessity reserves in foreign exchange and further reduction in the amortiza¬ payments. The affairs of Hungary also became more deeply involved on Jan. 17 the New York "Times" reported that the 'and Committee of New York bankers in charge of working out a stand-still banks and agreement between the American creditor Hungarian debtor banks, had abandoned the further efforts along this line, because the Hungarian banks had notified them that they would not have sufficient ex¬ change to pay the interest and commissions on the short term debts due American bankers. The "Times" noted that towards the torium term that on loans it close 1931 of Hungary had declared a mora¬ most of its foreign of would foreign debts, but excepted the short bankers, at the same time saying seek obtain 'a to stand-still agreement re¬ garding these credits. Bulgaria also found itself compelled to ask for relief. A cablegram from Sofia, Bulgaria, Jan. 12, stated that demand a states. The a cabinet council had decided moratorium for foreign debts of that the night to Bulgarian Minister of Finance pointed out that foreign exchange at the disposal of the National Bank was only sufficient to pay Bulgarian private commercial debts abroad. The Reserve of the Bank coverage of notes has been reduced to 34%, and the Minister said it if the level of stability was to be torium for the State debts was therefore, essential, maintained, that a mora¬ , be 'arranged. Bulgaria's total MONTHLY 14 debt On brink other of $27,000,000. feature. reports that Yugoslavia was "on the was officially denied by the Consul rencies, sterling States United the to the hand default," estimated was at New at adverse the neighbors York, effect- of who restrictions financial the of there 19.38. The of experts, who from United and Press advices Jan. on 8 in bad a that stated "Greek It towns have for and banks. a professions in various provincial moratorium on debts to individuals was Norwegian 18.75 Jan. has 2 observations 40.26% in 16 the low as other namely of holding the lira at on same The reached issue peseta for cable transfers by against 8.45@8.47 foreign Morgan currencies, loan even Italy, to if was Italian of prohibited ruling put into effect. Exchange 011 the countries neutral during the needed a 011 the whole an upward trend, with 110 distinctive special RATES OF EXCHANGE Paris Swiss 2 Bankers' Cables Checks HOLI DAY SUN DAY 19.52al9.53 19.51% 0.52% 9 3.91*1603.91 % 3.91l3i6a9115in 19.45%a.47% 19.51al9.52 19.51 %o.52% 19.50019.51% 19.46%al9.51 SUN DAY 13 3.91%o3.92 3.92 03.92*16 14 3.91 Ha .91'*ie 3.91 %a3.92 15 3.92 o3.92% 3.92%o3.93 16 3.93%o3.93% 3.93%c3.94 17 SUN DAY 18 3.93 %a .93ui« 3.93%o ,9313ie 3.93%a3.93% 3.93%o3.93% a.51% 19.48%al9.52 40.09o40.15 19.51al9.53% 19.51 %al9.54 40.20o40.26 SUN DAY 19.51 %a.52% 29 3.93% a3.93% 3.93%o3.93% 30 3.93%a3.93% 3.93%a3.93% 31 40.21a40.26 Italian Bankers' Checks 40.24a40.27 5.07 a.09% 5.07%a.l0 5.06 13.89 a 1.28% a.29 SUN SUN .08% 5.06%a.09% 5.07%a.09% 5.08% a.09% 5.07%a.08% 5.07 a.08% 5.08 a 5.08 1.28%al .29 .29 28%al.29 .29 l.28%al.29 1.28%al .29 1.28%al .29 .29 1.28%al.29 o.09 .09 1.28%al .29 SUN DAY 13.93al3.95% 13.94al3.95% 1.28%al .29 1.28%ol.29 1.28%al.29 1.28%al.29 1.28%al.29 SUN DAY 1.28%ci.29 1.28%al .29 1.28%al.29 1.28%al.29 5.02%a.03% 1.28%al .29 a.02% 1.28%al.29 5.00%a.02% 5.01%a.02% 1.28%al.29 5.01 %a.02% 5.01%a.02% 1.28%al .29 5.01 a.01% 5.01%a.02% 1.28%ol.29 4.99 o5.01% 5.00 o. 01% 1.28%al .29 4.99%a5.0l 5.00 1.28%al .29 28%al.29 1.28%al.29 1.28%al.29 1.28%al .29 1.28 %al .29 1.28%al .29 1.28%al.29 SUN DAY 5.01 %a.02% 5.02 SUN DAY 1.28%alJ29 1.28%al .29 1.28%al.29 1.28%al.29 SUN DAY SUN DAY 13.94al3.95% 13.95al3,96 19.51al9.52 19.51 %a.52% 40.20a40.26 40.24a40.27% 13.93%a.94% 13.94al3.95 O40.27 40.26040.29 19.51al9.51% 19.51 %al9.52 40.24 13.93%a.94% 13.94al3.95 19.51al9.51% 19.51% 119.62 40.22% 040.25 40.25%a.26% 13.94al3.94% 13.95 I9.50al9.51% 19.51al9.52 40.21% 040.25 40.25o40.26% 13.94al3.95 13.94%a.95% 040.26 40.24%a40.27 13.94013.95 19.50%o.51% 19.51cl9.51% 40.22 13.94%a.95% 1.28%al.29 SUN DAY 1.28%al .29 SUN DAY SUN DAY 40.26a40.28 a.01% 1.28%al .29 SUN DAY 1.28%al .29 1.28%ol.29 1.28%fll.29 1.28%al.29 1.28%al .29 1.28%ol.29 SUN DAY 2 18.79 Norway Berlin Vienna Kroner Checks Sweden Kroner Kroner Reichsmarks Schilling Pesetas Bankers' 1 Bankers' Bankers' Bankers' Bankers' Bankers' Cables Checks HOLI DAY 018.89 IS.80 Cables a.18.90 18.99 019.09 19.00 018.79 18.68 ol8 18.99 019.14 19.00 5 18.61 018.64 18.62 ol8 19.04 O19.09 19.05 6 18.56 olS.64 18.57 al8 19.00 019.06 19.01 7 18.64 018.69 18.65 al8 19.07 O19.09 19.08 8 18.74 018.79 18.75 al8 19.04 019.07 19.05 9 18.69 018.74 18.70 0I8 18.99 O19.04 19.00 10 11 18.59 Checks HOLI DAY 4 18.67 3 SUN DAY Checks Cables Checks HOLI DAY Checks Cables HOLI DAY Checks HOLI DAY ol8.74 18.65 018.75 .70o23.75 23.75o23 019.15 18.53 ol8.74 18.54 018.75 ,65o23.73 23.70o23 .95 ol4.15 13.96 014.16 O19.10 18.39 018.49 18.40 O18.50 ,62o23.74 23.70O23 .95 ol4.15 13.96 al9.07 18.41 018.44 18.42 018.45 ,70o23.74 23.71o23 O19.10 18.52 al8.56 18.52 ol8.57 ,72o23.76 23.73o23 43%o8.45 8.44 o8.45% O19.08 18.61 018.69 18.62 O18.70 ,73o23.76 23.75o23 ol4.15 13.94 014.16 43 8.44 o8.45% O19.05 18.57 018.64 18.58 018.65 ,70o23.72 23.72023 014.15 13.95 014.16 43%o8.44 SUN DAY SUN DAY ,94%ol4.15 13.95%al4.16 SUN DAY SUN DAY ol8.69 18.60 alS, O19.04 18.95 al9.05 18.48 018.59 18.49 O18.60 ol8. 19.05 O19.09 19.06 ol9.10 18.58 018.64 18.59 018.65 08.46 8.45 014.16 43 08.45 94%ol4.15 13.95%al4.16 95 ol4.15 13.95%al4.16 43 08.44 8.43%o8.45% 8.43%o8.44% fll8 19.04 O19.07 19.05 O19.08 18.56 018.59 18.57 0I8.6O ,65a23.68 23.66023 14 18.88 018.99 18.88%ol9 019(24 19.11 al9 19.12 019.24 19.13 019.25 18.67 018.84 18.68 018.85 15 19.10 19.28 019.39 19.29 O19.40 18.89 O19.01 18.90 16 19.18 019.29 19.19 al9 19.33 019.39 19.34 O19.40 18.96 C19.09 18.97 SUN DAY ,62o23.69 23.63o23 018.79 18.75 8.44%o8.46 SUN DAY 44 ,58o23.66 23.60o23 018.74 18.70 43%o4.85 SUN DAY SUN DAY 12 18.69 18.94 Spanish O19.10 18.64 SUN DAY SUN DAY Cables HOLI DAY 13 18.74 17 * .29 5.00%a.03% 5.03%a.07% 5.02% a.03% 5.02%a.03% SUN DAY 1.28%al .29 SUN DAY 5.07%a.08% 1.28%al 5.07 a.09% 1.28%al 5.08%a.09% 1.28%ol 5.09 a.09% 1.28%al 5.06 5.00%a.03% 13.92 %al3.93 5.00 a.03% 13.93al3.94 5.02%a.07 % 13.92%al3.94 5.02%a.03% a .03 13.94al3.96% 5.02 13.95al3.96 5.01%a.03% Cables HOLI DAY 5.00%a.04% 1.28%al.29 19.50 %al9.52 19.51 %a.52% 40.23%a40.27 40.25a40.29 19.51ol9.51% 19.51 %al9.52 40.23a40.28 40.27a40.30 Denmark Checks 13.91cl3.93% 13.92al3.94 13.91 %a.92% 13.92%a.93% 13.92ol3.93% SUN DAY jankers' Cables HOLI DAY SUN DAY 40.22a40.25 SUN DAY Drachma a.07% 5.06%a.07% 40.13a40.17 13.87%al3.90 13.88al3.90% 5.04 a.06% 5.05 a.06% 40.08%a.l3% 13.88%a.89% 13.89al3.90 5.05%a.06% 5.05%a.06% 40.10%a40.12 13.88%a.89% 13.89al3.90 5.05%a.06% 5.06% o.06% 40.12o40.19 5.05 13.88%o.90% 13.89al3.91 a.07% 5.05%a.07% 13.90 13.89% 40.23%a40.30 5.05%a.05% 5.05%a.06 40.21a40.26 40.22a40.25 Greek Lire 13.87%a.88% 13.88013.89 40.17o40.22 19.50al9.51% 19.51al9.52 exchange transactions being at SUN DAY 40.10o40.14 40 20% 040.24 40.23a40.26 SUN DAY Jan. 30 sold down to 8.21@8.25 SUN DAY 40.20a40.24 22 3.93*160.93 »i6 3.93*3i60 93**16 27 3.93'iea .93*3ie 3.93**160.93% 28 3.93% 03.93% 3.93*1603.93% nominal, Cables 13.88% - SUN DAY 19.51 %al9.53 19.52019.53% Spain, some of which their suppression. The Jan. 4. HOLI DAY SUN DAY 19.48 on in for Bankers' Checks SUN DAY 19.51 %al9.52 19.52al9.52% 19.51 al9.52 19.51 %o.52% 25 3.93%a3.93% 3.937,603.93% 26 3.93%a3.93% 3.93**160 93*3i6 on 40.14o40.22% 40.19o40.26% 13.90al3.93% 13.91al3.94 40.09o40.16 40.14a40.20 13.90%al3.91 13.91al3.91% 19.52 019.53 40.12o40.16% 40.16a40.18 13.88%al3.91 13.89ol3.91% 19.50%a.51% 40.06a40.10% 40.10a40.14% 13.87%a.89% 13.88%al3.90 19.47al9.51% 40.03040.07 40.07a40.08 13.88013.89% 13.89al3.90 19.46 019.48 40.04040.08 40.08o40.11% 13.87013.88% 13.87%al3.89 20 3.93'i#a3 .93*16 3.93*1603.93% 21 3.93*1603.93% 3.93*1603.93% 23 3.93"i60 93"i6 3.93*3i60 93**16 24 SUN DAY merely •, Cables 19.47%a.49% 19.47 %al9.50 40.08fl40.il 19.48%al9.49 19.49al9.49% 40.09%a40.13 19.48 19.47% 40.05%a40.10 19.47 %o.48% 19.47% 019.49 40.06% a.09% 19.51ol9.52 troubles intervention 19.52 %a.53% 19.51 %a.52% SUN DAY 11 3.91 ?4o3.92*16 3.92 a3.92% 12 3.91 "160 91 »i6 3.91**160.92% internal Antwerp Belga 40.08o40.09% 40.09o40.12 ■ transfers CONTINENTAL CENTRES. HOLI DAY SUN DAY 3.92%o3.93*i6 3.93 o3.93% 5 3.92%o.92*3i# 3.92 %a3.93 6 3.92 o3.92»i6 3.92 %a3.93 7 3.91»i60 .925i6 3.92*1603.92% 8 3.91 %o .91**16 3.91%o3.92 19 Checks HOLI DAY 4 10 Bankers' Cables 3.92^03.93*16 3.92%a .92>»u 19.51al9.52 3 rule a Guilders Bankers' Cable United American exchanges were without special Quotations of the South American countries are Amsterdam Francs Checks 1 as ON Francs $1,700,000. these as the South feature. showed the military The new war from 9, sold up to 19.54 Jan. 16 and closed Jan. 30 at 19.51@ 19.51%. The Spanish peseta moved still lower, presumably securities in gold Switzerland touched 19.53% Jan. 4, were down to 19.46 because of the of exports exchanges, strength Jan. The Central was now as neutral sustained same providing other banks with foreign exchange ct the official rate; each bank turning in each morning its list of requirements for that day. The purchase of such other the as way Switzerland to Jan. 8 but touched on again Jan. 23, with the range Jan. 30 Swiss francs moved rather irregularly, but exchanges. States rate on the Bourse and 40.07 as and though not showing the contingency appeared to be some sort of con¬ trolled exchange system—similar to the systems enforced currently in Austria and Germany. The two rate systems, bank some Jan. 4 sold on Jan. much European investors. The same of the shipments of gold to transfers on Amsterdam, as against to Cable 40.24% @40.27. at another in the banks had been abandoned. for cable transfers sold down crown 18.40 Jan. to apply Switzerland. having For the immediate outlook one 11 and then Jan. 30 19.33@ range often involve losses to the present rate of stabilization best of its ability. very worst 2 already been noted that $6,200,000 gold was taken to Holland during January and it was noted would continue to maintain the the Jlan. export 40.30 the 18.<80@18.90 to 18.95 Jan. 19.42 Jan. 18 with the in keeping capital from fleeing to France, Switzerland and other nations. The Government, it was stated, undoubtedly to ex¬ the foreign exchange market that one reason for these large takings of gold was that Dutch and other European investors frequently order the sale of their securities and specify that the proceeds abroad be returned in gold. Such gold transfers are of course not on an exchange basis, and towns in the interior of cold." Italian Exchange moved substantially lower and the lira on Italy for cable transfers dropped from 5.10 Jan. 2 to 5.00 Jan. 29 and was 5.00@5.01% Jan. 30. A dispatch from Milan Jan. 16 stated that restrictions on the purchase of foreign exchange were being more strictly enforced of late— indication of the difficulties the Government Scandinavian upward trend, as The Danish crown an in The situation of many Greece is desperate due to lack of food and extreme an way Jan. way merchants and members of proclaimed gave 5, then advanced to 19.10 16, with the range Jan. 30 at 18.7(>@18.80. Dutch guilders after early weakness also moved sharply upward. will forward their recommendations to the itself weakness in the some was up to found the latter, as 'already indicated, tendency. The early part of the fers sold down from 19.15 Jan. 4 moved also cur¬ dropped to 18.57@18.65 Jan. 6, but then moved upward, selling as high* as 19.19@19.30 Jan. 16, with the range Jan. 30 18.96@19.05. The Swedish crown for cable trans¬ her restrict allotment of foreign exchange Greece and improving import payments. All future applications for foreign exchange must be for vital necessaries, such as foodstuffs, and will be subject to rigorous examination by a commission Bank." Scandinavian the later to in the case of exchange on London. on cable transfers after selling at for National these, especially exchange, an month of most of the time in unison with the course of changes, but this Czeclio-Slovak trade the Ministry said it had 011 become necessary to Some move showed said "the kingdom of Yugo¬ slavia has paid until now sail its loan obligations and has not defaulted 011 any." From Prague came a cablegram Jan. 20 shying "The Czecho-Slovak Finance Ministry has announced further currency restrictions. As a result of General REVIEW 08.45 08.47 8.44%o8.45 SUN DAY 014.15 13.93 al4.l6 08.44 8.43% 08.44% 014.15 13.96 014.16 43 08.44 8.44 42 o8.43% 8.43 ,69o23.73 23.70o23 ,94%ol4.15 13.95%al4.16 95 ol4.15 13.95%al4.16 42 08.43 O19.02 ,70o23.73 23.71o23 95 ol4.15 13.96 al4.16 42% o8.43% 8.43 O19.10 .69023.73 23.71o23 .91 014.15 13.92 al4.16 42%o8.45 . 43 8.43 8.43 o8.45 o8.44% o8.44 08.44% 08.46 • SUN DAY SUN DAY SUN DAY SUN DAY 18 19.10 019.14 19.11 al9 19.32 019.41 19.33 019.42 18.91 018.99 18.92 O19.00 57o23.68 23.59a23 19 18.99 ol9.ll 19.00 al9 19.29 019.39 19.30 018.83 18.75 018.84 ,50o23.63 23.55023 20 18.99 O19.04 19.00 ol9 19.32 019.34 19.33 O19.40 18.74 al9.35 18.80 018.84 18.81 cl8.85 ,57o23.63 23.58a23 21 19.01 O19.06 19.02 al9 19.31 019.34 19.32 019.35 18.80 018.84 18.81 018.85 .63a23.66 23.64o23 22 18.98 019.04 18.99 019 19.30 019.34 19.31 019.35 18.79 018.84 18.80 018.85 ,62o23.69 23.65o23 23 18.88 018.89 18.89 SUN DAY 94%ol4.15 94%ol4.15 ,94%ol4.15 ,94%ol4.15 SUN DAY 13.95%ol4.l6 13.95%al4.16 42 o8.43% 8.43 13.95%ql4.16 42 08.43 13.95%al4.16 94%ol4.15 13.95%al4.16 ,94%ol4.15 13.95%al4.16 42%o8.44 8.43 08.45 08.44% 8.43 08.44 41 o8.42% 8.42 33%o8.35% 8.34 08.43 08.36% 08.34% 018 19.25 019.29 19.26 al9.30 18.69 018.79 18.70 O18.80 .61023.63 23.62o23 32 08.33% 8.33 al8 19.25 019.30 19.26 al9.31 18.68 018.79 18.69 O18.80 .56023.61 23.59023 .95 al4.16 31 o8.32% 8.32 26 18.99 018.94 18.90 019.05 19.00 al9 19.31 019.34 19.32 ol9.35 18.79 ol8.86 18.80 018.87 ,50o23.56 23.52o23 32 27 18.99 O19.04 19.00 a 19 19.31 019.36 19.32 al9.37 18.78 018.85 18.79 018.86 .47023.62 23.50o23 ,94%ol4.15 13.95%al4.16 ,94%ol4.15 13.95%al4.16 o8.33 % 8.33 31%o8.35% 8.32 28 19.03 O19.09 19.04 al9 19.34 019.38 19.35 al9.39 18.82 ol8.84 18.83 018.85 .57%o.67 23.60%o O19.09 19.04 al9 19.34 019.37 19.35 019.38 18.79 ol8.84 18.80 018.85 .63o23.66 23.64o23 30 18.95 O19.04 18.96 019 19.32 019.37 19.33 019.38 18.75 ol8.79 18.76 O18.80 .60o23.67 23.61023 .94%ol4.15 94%ol4.15 ,94%ol4.15 SUN 31 29 19.03 24 25 18.89 31 SUN DAY SUN DAY SUN DAY SUN DAY SUN DAY SUN DAY SUN DAY SUN DAY SUN DAY 014.15 13.96 SUN DAY 13.95%al4.16 o8.33% 08.34% 08.36 13.95%al4.16 08.34% 8.32 08.35% 22%o8.31 8.23%o8.32 13.95%al4.16 20 DAY" 08.24 8.21 SUN DAY 08.25 MONTHLY REVIEW standstill a trol owing to moratoria and Governmental exchange and of other financial operations. of as result a from Dec. of conferences to Dec. balances reserve York. of 1 con¬ part of the month. held by them 12, decided to from London in Lima, Peru, withdraw and deposit , their them at the legal New into dollars I I I I I I I I Banco nificant. do tuations Brazil was dollars. 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Ci <3 a a ?b a Bucharest Polish Hungary Serbia Bulgaria Finnish Lei lAoty Pengo Dinar Lei Markka Checks Checks Checks Checks Cables Checks Checks , 16 14... 15... 16... 22... 23... 2.96 Ha2.96 y 31.... .59340-60 .59340.60 .5934a.60 .5934a.60 .59340.60 Cables Checks al .79 .7134a.73 1.54 Hal .60 25.75a25'«i6 25.80a26.00 5.95a6.20 17.40al7.55 1.78 .71340.73 1.54 Hal .60/ 25.70a2515i« 17.40al7.55 75a26.00 1.78 al.79 .7134a.73 1.54 Hal.60 25.75a25.95 80a26.00 1.78 5.95a6.30 5.95a6.20 al.79 .71340.73 1.54 6.00a6.30 34al.60 25.75a25.95 17.40al7.55 17.40al7.55 80a26.00 1.78 5.95a6.20 al.79 1.53 al .60 6.00a6.30 25.75a25.95 80a26.00 1.78 5.95a6.35 al.79 1.5434al.60 6.00a6.40 11.18all.25 .71340.73 .7134a.73 17.40al7.65 5.95a6.20 al.79 .7134a.73 1.52 Hal.60 25.75a25.95 25.65a25.95 80a26.00 1.78 6.00a6.30 70a26.00 5.95a6.20 6.00a6.3S al.79 ll.18all.25 ll.18all.25 17.40al7.55 al.79 .7134a.73 17.40al7.55 1.7834al.79 .71340.73 ll.18all.25 ll.18all.25 ll.18all.25 17.40al7.55 17.40al7.55 1.7734al.79 .71340.73 1.50 1.50 17.40al7.55 1.7734al.79 1.773401.79 1.77 Hal .79 .71340.73 11.18011.25 .7134a.73 .7134a.73 17.40al7.55 1.78 1.4934al.54H 25.65a25.95 25.70a26.00 5.95a6.20 1.50 al.54H 25.65a25.95 25.70a26.00 5.95a6.20 ll.18all.25 ll.18all.25 ll.18all.25 6.00a6.3S 1.4834C1.54H 25.65a25.95 25.70a26.00 5.95a6.20 6.00a6.3S 1.50 ll.18all.25 ll.18all.25 ll.18all.25 17.40al7.55 1.78 al.79 17.40al7.55 1.78 al.79 .7134a.73 1.40 al 5434 17.40al7.55 1.78 al.79 .71340.73 1.40 al .49 H al.49H al.49H 25.6Sa25.95 25.70a261ie al.49H 25i65a25.95 25.70a261i« .7134a.73 1.40 17.40al7.55 1.78 .71340.73 1.40 17.40al7.55 1.78 al.79 .7134a.73 1.40 17.40al7.55 1.78 al.79 .7134a.73 1.40 al.79 ll.18all.25 ll.18all.25 ll.18all.25 ll.18all.25 17.40al7.55 1.78 al.79 17.40al7.55 17.40al7.55 17.40al7.55 1.78 al.79 1.78 al.79 1.78 ll.18all.25 ll.18all.25 17.40al7.55 17.40al7.55 1.78 1.78 Vene¬ Uruguay zuela Chile Sucre Peru Peso Bolivar Peso Sol Checks Checks Checks 36.00 20.00 44.60a46.00 96.57a96.75 20.00 44.52a44.75 15.00 36.00 96.57a96.75 96.57a96.75 20.00 44.44a45.00 20.00 44.52a45.00 20.00 43 H a44.80 15.00 7- 36.00 96.57a96.75 8.. 36.00 96.57a90.75 9- 36.00 96.57a96.75 10._ 36.00 96.57a96.75 12.. 36.00 95.24a96.75 13.. 36.00 95.24a96.75 36.00 20.00 43 H a44.80 20.00 44.52a44.80 Checks Checks 15.00 12.05al2.13 27.81a28.25 36.00 15.00 15.00 15.00 15.00 20.00 44.27a45.00 20.00 44.52a45.00 15.00 20.00 44.52a45.00 20.00 44.75a45.50 15.00 15.00 «1.54H 25.65a25.95 25.70a26.00 5.95a6.20 .71J4a.73 .7134a.73 1.40 a 1.40 1.40 al.79 .7134a.73 .7134a.73 al.79 .7134a.73 1.40 al.79 .7134a.73 1.40 al.49H al.49H al.49H al.49H al.49H 05al2.H 05al2H 05al2H 05al2H 05al2H 05al2H .80a28.12 ,81a28.12 -81a28.12 80a28.12 80a28.12 80a28.12 05al2H 05al2H 05al2H 05al2H 05al2H 05al2H 27.81a28.00 27.81a28.00 27.81a28.00 27.81a28.00 27.81a28.00 27.81a28.00 27.81a28.00 36.00 20.00 44.75a46.00 15.00 36.00 95.24a96.75 20.00 44.75a46.00 15.00 95.24a96.75 20.00 44.75a45.05 20.00 44.75a45.05 15.00 05al2H 15.00 05al2.13 27.80a28.00 15.00 05al2H 27.80a28.00 05al2H 27.80a28.00 05al2H 27.80a28.00 05al2H 27.80a28.00 1718- 36.00 19- 36.00 95.24a96.75 20.. 36.00 95.24a96.75 21- 36.00 95.24a96.75 22- 36.00 95.24a96.75 23- 36.00 95.24a96.75 36.00 95.24a96.75 20.00 44.75a46.25 20.00 44.75a46.25 15.00 20.00 44.75a46.25 20.00 44.75a46.10 15.00 20.00 44.75a46.25 20.00 44.75a46.25 15.00 24.. 15.00 26- 36.00 27- 36.00 95.24a96.75 20.00 44.7oa46.25 15.00 28- 36.00 95.24a96.00 15.00 29- 36.00 95.24a96.00 20.00 44.75a45.46 20.00 44.75a46.50 30.. 36.00 95.24a96.00 20.00 44.75a46.50 95.24a96.75 31.. 15.00 gal Fscicdo HongKong Checks Checks f Dollar f IIOLI DAY 3.15 25.08a25H SUN DAY 95.24a96.75 95.24a96.75 15.00 6.00a6.3S 25.65a25.95 25.70a26.0u 25.65a25.95 25.70a26'ie 25.65a25.95 25.70a261i« 6.00a6.38 5.95a6.20 6.00a6.3S 5.95a6.20 6.00a6.3S 5.95a6.20 6.00a6.3S 5.95a6.20 6.00a6.38 5.95a6.20 6.00a6.3S 1.40 1.4 9 34 25.65a25.95 25.70a261i« 5.95a6.20 6.00a6.3S 25.65a25.95 25.70a261ie 25.65a25.95 25.70a26.00 25.65a25.95 25.70a26.06 5.95a6.20 6.00a6.38 5.95a6.20 6.00a6.3S 5.95a6.20 6.00a6.38 25.65a25.9b 25.70a26.00 5.95a6.20 25.65a25.95 25.70a26.00 5.95a6.20 6.00a6.38 6.00a6.38 Portu¬ dor Dollar 96.57a96.75 6.00a6.38 SUN DAY Colombia 36.00 6.00a6.3S 6.00a6.3S al.54H 25.65a25.95 25.70a26.00 5.95a6.20 al.54H 25.65a25.95 25.70a26.00 5.95a6.20 al.54H 25.65a25.95 25.70a26.00 5.95a6.20 SUN DAY Bolivia Checks 6.00a6.35 SUN DAY Boliviano Checks 6.00a6.3Q 17.40al7.55 SUN DAY Ecua¬ Cables HO LI DAY 1.78 ll.18oll.25 ll.18all.25 .59340.60 .59 34 a.60 I'- Milreis ll.18all.25 15Mal4^%dis 2.96Vaa2.96H .59340.60 13 K % discount 2.963^o2.96J^ .59 34 a.60 14^013%% dis 2.963^o2.96 M .59 34 a.60 14^al4tf %dis 2.96 3^a2.96 H .5934a.60 14^al4^%dis 2.963^a2.963^ .59340.60 14Mal4^% dis 2.963^a2.96H .59340.60 13^al3^%dis 2.96 3* o2.96 26.... 13Mal3tf %dis 2.96Ha2.96X 27 13 M % discount 2.963^o2.963^ 28..., 13^al3M% dis 2.963^a2.96H 29..., 1311i«a7t«% dis 2.963|a2.96H 30 13^013^% dis 2.963*02.96 3* . Brazil Peso Checks 11.18all.25 2.96^o2.96^ 59J4O.60 2.96^02.96^ .59340.60 2.96Ho2.96H .59340.60 2.96^o2.96K .59340.60 I6y»al514% dls 2.96^02.96 X .59340.60 I5%al5%% dls 2.96^o2.96 H .59340.60 15^al5M% dis 2.96 Ji)a2.96 H .59340.60 17... 21 ll.18all.25 al5^%dls 2.96^02.96 y .59340.60 16% discount .. 17.40ol7.55 Argentina SUN DAY 16 al5% % dis 2.96H 02.96H .59340.60 16al513i«% disc 2.96^02.96H .59340.60 13 18... 19... 20... ll.18all.25 I6££al5%% dts 2.96^o2.96^ ,5934o.60 15«.«al5K%dls 15^al51i% die 15?ial5^% dls 15?ial5H%dis 9... 10__ 11... 12... 25- if if If w S-JfOON nOROBR were 15^al5»u% dis 2.96Xa2MH .59340.60 8... — I * 34.57@35.00. 32.52@33.38 Jan. 30 Hong Kong dollar was checks III I wwwwww if if if Cn OS -O OS OS Oi these relations the month, I co co w eo w eo CO CO 00 if Oi OS Checks 7... 16 I Kronen 5.., Il¬ ls.. I I slovakia 6... 11._ I I Czecho¬ 4... 5.. I I Dollar 2... 6— I I Canada 3 3.. I I wwwwww f if OOCOOOOtO of Jan. 30 sold down on Shanghai 1 2.. I I RATES OF EXCHANGE ON OTHER CENTRES. Jan. 4.. > I wwwwww prices, which ordinarily would exercise a controlling effect on the Eastern exchanges, did not prove of any aid to these exchanges during January, inasmuch as silver moved down¬ ward. though with some upward reaction again the latter 1— I if to if Cfl if if OS B against 33.16%@33.63 Jan. 2. The quoted at 24.05@25.50 .Tan. 30 in comparison with 25.08@ 25% Jan. 2. Rupees on Bombay for checks were 25.98@26.19 Jan. 30 against 25.81(5)26.00 Jan. 2. The course of silver Jan I I' I if if If Brazilian milreis. to on I I wwwwww wipe out the whole of the early gains. The Japanese for checks moved up from 34.75(5)35.25 Jan. 2 Jan. I I if if If if if if Cn Oi OS OS OS W been insig¬ Venezuela and Manchuria, accordingly exchange Taels I wwwwww understood, were being held in New York Argentine peso showed no important fluc¬ rates 37.81 I ,1 wwwwww if if tlx if OlOSCiCSOilf moved higher. On the development of the crisis grow¬ ing out of the Shanghai operations, exchange rates dropped back, but in some instances the declines then sustained did not I I If if the Japanese extended their military operations from Man¬ churia into the Shanghai' area. Before this matters in Man¬ churia appeared to be gradually settling down, and after the Japanese occupation of yen I £ 6.00@6.38 Jan. 30 as compared with 6.00@6.30 Jan. 2. Exchange on the Far East was of course affected by the disturbance in the relations between China and Japan, yet in most cases the rates on the leading Eastern centers were slightly higher at the close of the month than at the opening. reason I if if 4* OiO> Ol 01 W was The I I if p> o o a a o On cable transfers the peso was quoted at 25.70@26.00 Jan. 30 against 25.80@ 26.00 on Jan. 2, and the Brazilian milreis for cable transfers •was I I if- if. if If if & was The foreign currency Colombia, it in I I CO WWW WW approximately £1,000,000. Peru was thought to have only £50,000 in London. The sterling reserves of Ecuador and the pence. if If The amounts It was advance M©COOO-1050iifWtOi-4OCOCiO-10SOilfWtOI-'0<©00-ia>OlifWMM involved, however, were not large, estimated that the Central Bank of Chile held balances in London amounting to £1,000,000 and Bolivia rule. as a an again on Jan. 20, down to 18 15/16 pence; the quotation Jan. 30 was 19 5/16 Jan. 2 on WWtOtOtOtOt>Ot>SlOtOtOt.SI-4l-4l-4l-'l-4l-4l-'l-'l-4l-4 the purpose evidence the early part of in was price was Selling of sterling by these countries for transfer the month. The London price of silver 20 5/16 pence per ounce, from which there was to 20 7/16 on Jan. 5, but on Jan. 18, and The Chile, Peru, Bolivia, Ecuador and Colombia Central banks of 15 05al2H 27.80a28.00 05al2H 27.80a28.00 05al2H 27.80a28.00 .10a3.14 25.03a257u ,10a3.14 24.90a256te Shanghai Yokohama Tael Yen Checks Checks t 3.18 f 1 Checks Singapore Bombay Java Dollar Rupee Guilders Checks Checks 49H 40.75a41.38 25.81a26.00 Cables ,10a40.50 •• 33.07HaH SUN DAY 3.13 24.79a256is 3.13 Peso 33.16Ha.63 34.75a35.25 A9*Aa 34.9Sa35.25 49 H 32.85Ha.63 34.92i4a 35.25 .13a3.14 24.77a25si6 32.62a33.13 35.00a35.25 .13a3.14 24.45a24»n 32.03a32.44 35.23a35.50 .13a3.14 24.62a251i# 32.38a33.13 35.83a36.50 .13a3.14 24.75a256i« 32.65a33.13 36.00a36.50 3.13 Manila ■; 32.54a33.13 24.87a256i« 32.78a33H 24.96a257i8 32.78a337i« 25.14a25.50 33.10a33H a 49H 49 H 49 H 49 H 49 H a 35.55a35.75 49 H a a a a a 49H 49H 49 H 49H 40.75a41 40.75a41 40 H 40% 49H 40X 49H 40H a41 a41 a41 a41 25.56a26 25.40a26 25.59a26 10a40.50 ,10a40.50 ,05a40.50 25H a26 25H a25 05a40.60 25.60a25 05a40.50 05a40.50 49H 39.12a40.75 25.50a25.75 40.05a40.50 35.69a35.94 49H a 49H 39.37a40.75 25.62a25.81 40.05a40.50 35.80a36.00 49H a 49H 39.37a40.75 25.61a25.81 40.05a40.50 36.12a3613ie 49 H a 49H 39.50a41.00 25.97a263i8 40.10a40.50 20a3.22 25.23a25»i» 33.27a34.13 37.63a37.81 49H a 49H 39.87a41.13 26.14a26.56 40.10a40.50 ,18a3.20 25.08a25.65 32.93a34.13 37.08a37.75 49H a 49H 40.25a41.13 26.20a267i» 40.10a40.50 SUN DAY 18a3.20 24.80a25.25 32.34a33.13 36.80a37.25 49 H a 49H 17a3.20 24.78a25.25 32.43a33.13 36.92a37.25 49 H a 49 H 17a3.18 24.71a25.25 32.47a33.13 37.00a37.25 49 H a 49H 16a3.18 24.78a25.25 32.46a33.13 37.13a37.25 49 H a 49H 16a3.18 24.81a25.85 32.68a33.19 36.89a37.13 16a3.18 24.87a256ie SUN DAY 49H 32.65a333i« 36.49a36.56 49H a a 17a3.18 24.72a25.25 32.45a33.13 36.25a36.44 49 H a 24.66a25.20 32.45a33.00 36.26a36.44 49 H a 24.66a253i6 a 3.18 3.18 05al2.13 27.80a28.00 3.18 15.00 05al2H 27.80a28.00 15.0012.05al2H 27.80a28.00 3.18 3,18 32.37a32H 36.00a36.06 49 H 24.70a25.25 32.42a33.00 35.66Ha.88 49Ha 24.79a25H 32.39a33H 34.98a35.19 49H a 24.95a25.50 32.52a33.38 34.57a35.00 49 H SUN DAY a 40.25a41.13 26.00a267i8 40.00a41.13 26.03a265is 40.12a41.13 26.04a268i8 40.68a41.13 26.08a26H 49H 39.93a41.13 25.93a26.25 49H 39.74a41.13 25.79a26.25 40.10a40.50 40.10a40.60 40.10a40.20 40.10a40.20 40.10a40^0 40.10a40.20 49H 39.68a41.13 25.94a26.25 40.10a40.50 49 H 39.99a41.13 26.05a26.25 40.15a40.50 49H 39.87a41.13 25.97a26.19 4O.15a4O.50 49H 39.87a41.13 26.02a26.19 40.15a40.50 49H 39.87a41.13 26.03a26.20 40.15a40.50 49 H 39.75a41.13 25.9 8a26.19140.15a40.50 Exchange New York Stock MONTHLY AND YEARLY 3,050,608,850 Jan. 1 to Dec. 31._The tables on 2,763,567,550 810,038,161 576,818,412 Jan. 1 to Dec. 31 complete record of the transactions on 16 to 38 furnish a pages 1930. 1931. 1930. 1931. 42,423,343 34,362,383 Shares. January $257,045,700 $292,388,000 January--. 1931. 1932. Stock Sales. 1931. 1932. Bond Sales. JANUARY 1932. BOND PRICES DURING OF RANGE RECORD the New Ifork 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 bondg are at a price to which accrued interest must be added. The exceptions to the rule are income bonds and bonds on which January and range for year 1931. A few other bonds, like Interest is in default. Line 6s, for special reasons, are also found against the name of the issue. This method of the Holland-American quotation "flat" will be but where this is the case the quoted "flat," quoting bonds became effective Jan. 2 1909. ■ For footnotes to tables see last PRICES IN N. Jan. Hft. STOCK EXCHANGE. Y. Bid. U S GOVERNMENT First Liberty Loan— 50,000 1932-1947 6,009,000 2,000 12,000 First 3H* 2,285:666 First 4Hk« J 1932-1947 ( 39,000 J D J D 8,9n7o65 1932-1947 J 5,000 1.5277666 i,632766O 1947-1952 Treasury 434« 2,831,000 2,389:666 Registered.. Treasury 3H* Registered ............. Treasury 3H*~— 4,075:666 8,470:666 Registered.............. Treasury 3s. Registered.... 4,1077666 1,4767565 Treasury 4,970:660 2,112:666 5,675,000 4,263,00 Treasury 334 s Treasury 334 s Registered June 3H Registered 1946-1956 1943-1947 1951-1955 15 4 98293iJan. 8 99?832Jan. 4 99u32Sale 98*32 Jan. 99232 Sale 982632Jan. 23 100932 Sale 98*932Jan. 100*32 Jan. A O M 8 M 100*»32Sept. 30 102 12 1021032Sale 9 9 2 63iJan. 4 4 10023i Dec. Jan. 5 106 26 101 8 4 Jan. 4 94*«3»Dec. 29 107»nMay 20 961032Sal"e 872082Jan. 93*31 Jan. 4 912sj Dec. 103*«i»May 21 v861432Sale 86232 Sale 82*32 Jan. 87*°3iJan. 4 ~92i"32~93~ "9i2o_32§afe" 872<32Jan. Sale 912<32Sale 88*31 Jan. 87*32 Sale 83 11 94 92232 Sale 891632Jan. 96 "92i"32Saie S J D J D D J D M 1940-43 1941 1943 1946-1949 8 M J D J 93 Sale 9428j,Oct. 93**3iJan. 103*«tiMay 20 90I9i2 Dec. 4 100 19 99"nSept. 18 942*siOct. 14 822<aiDec. 102*o„june Oct. 1 Jan. 2 90*°3jDec. 103*«i»May 20 882232Jan. 4 8420,, Dec. 101 "»tJuly 93 Jan. D 88 1032u Jan. 1012«3iSept. 22 85"i»Dec. 30 852*j,Dec. — 1961 DM SECURITIES Nov. 1954 MN STATE AND CITY City—3Hs registered.................1936 MN 4s registered ....... 1955 MN 4% Corporate stock.... 1957 M N 4*4% Corporate stock May 1957 M N 434* Corporate stock......Nov 1957 M N 4% Corporate stock........ 1958 MN 4% Corporate stock........... 1959 M N 19601M S 4s 99*4 Jan. 102 May 98*4 Dec. 107*4 Jan. 100*4 Apr. 100 stock..... 434s Corporate 107*4 Jan. 109 May 100*4 Apr. 100*4 Apr. 100*4 Mar. Jan. 99*4 Oct. 1963IM 8 4Hs Corporate 9254 Apr. 100*4 Apr. 99*4 Jan. 102 May 92*4 Apr. 100*4 Apr. 1955 MN 3*4« 1,000 2 29 114 «iiMay Nov} 10 11220uJan. 27 9728sjDec. 29 1092*»iMay 21 10123i Dec. 7 108»*»iJan. 12 99283iJan. Jan. 96»32 Sale 953032Sale J 2 Jan. 30 105*»i May 19 May 19 982<3iDeo. 30 105 98*»3iDec. 12 102*932Jan. 991632Sale ..... Panama Canal 3s New York 992032Jan. 20 992232Sale ...1944-1954 Treasury 4s 18 102»»uMay 20 17 102*«3iJuly 18 1 6 102*«»3June 8 982#3»Dec. 30 103*(uJan. 992<sjDec. 17 103*»uAug. 20 972232Jan., 25 9920s2Sale 1933-1938 Registered..... 6,879:666 97*«3iDeo. D First Second 4H* Registered 6,000 6,676,000 6 9 7 2032Jan. 98«32 Sale 99 1832Sale Conversion 3s coupon... 9,800"666 97»si Dec. 2 9 6 283iJan. D J Fourth 434# 61,000 97'9siJan. 14 J. D Fourth Liberty Loan— 27,547,000 13,262,000 26 99*»3iNov. 1932-1947 Registered 16,000 Sale Prices. Sate Prices. 94232 Jail. 94163jSale D Registered First 4s Ask. Highest. Sale Prices. 95«32 Jan. D Registered 2,580,000 5,000 Ask. Bid. 972632Sale J Highest. Lowest. Lowest. Sale Prices. Jan. 30. 2. YEAR 1931. RANGE FOR JANUARY. BONDS Dec. 1931 4,555,000 of stocks. ?•? SALES IN Jan. 1932. of bonds and last page 'page stock..........1965 J D 1963,M S 110*4 86 110*4 112 Jan. Jan. 8 112 10 10 13 23 27 18 10 10 28 8 New York State 434 8 MUNICIPAL'S 6s .1947 Apr 15 1948 Akershus (Dept) extl 5s ..1963 Autioquin (Dept of) Col 7s A 1945 FOREIGN GOVT. Ac - 126,000 128,000 33,000 27,000 21,000 24,000 32,000 18,000 11,000 19,000 28,000 104,000 550,000 247,000 252,000 149,000 120,000 191,000 201,000 165,000 191,000 11,000 846,000 801.000 599,000 464,000 407,000 125,000 542,000 110,000 51,000 69,000 94,000 95,000 23,000 124,000 75,000 44,000 54,000 1,000 183,000 336,000 278,000 384,000 342,000 368,000 374,000 306,000 256,000 483,000 116,000 1,278,000 792,000 717,000 452,000 451,000 187,000 370,000 Agric Mtge Bank s f Sinking fund 6s A External External s s f 7s ser B f 7s ser G External s f 7t set- D Ext sec 8 f 7s ...... 2d series trustr ects Extl sec s f 7s 3d series 1945 1945 1945 1957 1957 ...1957 extl loan 8s......1958 public works 48.1960 Argentine Nation (Govt) t f 4s.. 1959 Extl s i g 6s of Oct 1925 1959 Sinking fund gold 6s ser A....1957 External 1st s f 6s ser B 1958 Antwerp (City) Argentine Govt Extl s f 6s of May 1926 ..I960 Ry) 1960 Ext! • t 6s (Sanitary Works) 1961 Public Works ext a f g 6s..May 1961 Public Works ext s f 5>4« 1962 Argentine (Rep) 5s of 1909 1945 Australia 5« of 1925 July 15 1955 External loan 5s of 1927 ...1957 External s f 6s (State External g 434s of Austrian Govt s f 7s 1928........1956 1943 ....1957 Bavaria (FreeState) extl634s—.1945 Belgium 25 year external 634 s 1949 International s f 7« c Cash sale, s Deferred delivery. F A 21 23*4 29 32 22 A O 20 *4 38 28*4 Sale 23 53*4 13*4 13*4 13*4 13*4 56 M N 42 50 J J 13 25 J J J J J J 12*4 12 *4 12*4 A O 11 19*4 33 13 12*4 A O 11 A O 11 ..... 12 13 73 11*4 11*4 14 *4 WA Sale it* Sale 66 49*4 13*4 13*4 13*4 Jan. Jan. Jan. Jan. 13 Jan. 11*4 Jan. 10*4 Jan. 11*4 Jan. 27 Dec. 28 Dec. 17 29 Dec. 28 33 12 16*4 Jan. 15J4 Jan. 11 15 4 15 8 22 Jan. Jan. 6 Dec. 30 6 Dec. 31 12*4 Jan. 14*4 Jan. 13 18 Dec. 30 Jan. Jan. 19 Dec. 29 18 5 54*4 Jan. 15 4 55 Jan. Jan. 15 12 27 14 74 Jan. Jan. Jan. Sale 45 Jan. 4 55 44*4 Jan. 55*4 Jan. 15 16 Sept. 21 Sale 4 Sale 45 Jan. 4 55 Jan. 15 22 45 Sale 44*4 Jan. 4 49*4 Sale 53 Sale 52*4 Jan. Jan. 4 Sale 45 44 54*4 Jan. 54*4 Jan. 22 M S 4 55 Jan. 15 54*4 Jan. 50*4 Jan. 57*4 Jan. 51 A O M S J D Sale A 48 52 M N 50 Sale F F A M S J 58 59 50 52 Sale Sale 52 Sale 47 Sale 92 Sale 45*4 40*4 54*4 48*4 48*4 42*4 83*4 46 Sale 37 36*4 Sale 27 44*4 Sale 44 *4 J M S 49 M N 42*4 Sale 42*4 43*4 39*4 Sale 27*4 Sale 83 Sale J D J J F A M S §§* 48 Sale Sale Sale 83 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 5 4 26 Mar. 9 Mar. 10 21 15 22 98*4 98*4 98*4 98*4 98*4 98*4 9854 16 Oct. 16 92 29 Oct. 15 59 Jan. 18 4 59 Jan. 53*4 Jan. 21 22 21 22 22 13 Sept. 21 Sept. 21 Sept. 21 92 Jan. 20 Dec. 18 4 47 Jan. 26 Dec. 10 6 39 Jan. 29 Dec. 18 2 90 Jan. 9 Dec. 18 5 9 67 65 Sept. Sept. Sept. Sept. Sept. Sept. 4 2 66*4 Mar. June 23 12 104 Sept. 24 98*4 Mar. 19 Sept. 21 98*4 Mar. 18 46 s65 M N 49*4 Sale Dec. 29 Sale 71 Sale 49*4 Sale 49*4 Sale 50 Sale 47 Sale O D Mar. 12 Mar. 11 68 68 Dec. 4 11 52*4 52*4 52*4 52*4 52*4 52*4 A J 75 Mar. 18 73*4 Mar. 11 97" Mar. 11 69 Mar. 11 Dec. 30 Dec. 31 c69*4 Mar. 20 16 Jan. fill*?!11, 52*4 Jan. Jan. Jan. , 88 Mar. Mar. Mar. Mar. Mar. Mar. Mar. Mar. Apr. 18 18 18 19 18 18 18 20 8 Jan. 5 Jan. 5 69*4 Jan. 3 cl08*4June 30 97*4 Mar. 9 87*4 Feb. 18 111 May 6 76 75 ' N, Y. STOCK SALES IN Jan. 1932. $ 522,000 1,064,000 886,000 External f 7s s Bergen (Norway) ext 7~6oo External s 201,000 132,000 168,000 157,000 141,000 1,000 146,000 Extls f 64# of 1927 Cent Ry 30-year g 7s 355,000 228,000 102,000 82,000 207,000 691,000 1688,000 325,000 44,000 85,000 304,000 610,000 1,217,000 382,000 137,000 527,000 344,000 193,000 514,000 115,000 301,000 222,000 433,000 271,000 242,000 103,000 15,000 31,000 80,000 157,000, 65,000 367,000 24,000 65,000 66,000 163,000 134,000 173,000 29,000 14,000 127",665 271,000 384,000 83,000 127,000 459,000 576,000 36,000 171,000 90,000 43,000 15,000 67,000 17,000 37,000 276,000 40,000 28,000 19,000 151,000 518,000 56,000 22,000 11,000 162,000 15,000 36,000 166,000 30,000 37,000 77,000 109,000 399,000 160,000 83,000 47,000 s 6s series a f 6s 1961 Extl sinking fund 6s 1962 External sinking fund 6s 1963 Chile Mtge Bank of gu a f 64s -.1957 Sinking fund gold 64« guar..1961 Ext s Gold 4^8 Int ctfs Cordoba (City) external 22,000 137,000 127,000 5,000 31,000 17,000 29,000 261,000 256,000 340,000 242,000 68,000 25,000 27,000 62,000 96,000 145,000 19,000 39,000 31,000 52,000 36,000 69,000 117,000 95,000 34,000 40,000 153,000 692,000 455,000 29,000 73,000 49,000 139,000 1,000 6,000 186,000 1,255,000 1,414,000 120,000 4,000 10,000 7,000 4,554,000 2,242,000 3,870,000 2,122,000 355,000 43,000 2,028,000 331,000 2,000 3,912,000 55.660 172,000 40,000 48,000 47,000 151,000 68,000 66,000 36,000 76,000 102,000 76,000 81,000 39,000 232,000 12,000 1,152,000 135,000 114,000 191,000 2,901,000 1,225,000 35-year 5.4s of 1930 German Republic extl 7s German Prov & Communal 117,000 57,000 13,000 278,000 263,000 73.000 1,000 c Cash sale, s o 4 18 124 Sale 30 2 Jan. Jan. 30 124 124 Jan. 4 15 Jan. 154 Jan. 134 Jan. 144 Jan. 18 Jan. 18: 9 Jan 25! 22 16 18 12 16, 18 4 Jan. 12 74 Jan. 5 28 25 10 864 Mar. 19 Dec. 29 Jan. 28 5 Dec. 28 1034 May 28 154 Dec. 18 894 Mar. 14 7 67 Dec. Mar. 10 Jan. 13 19 Sept. Mar. 10 5 274 Jan. 19 13 Dec. Mar. 13 22 23 22 Jan. 29 27 Jan. 20 17 Dec. 23 Sale 21 214 22 Jan. 28 284 Jan. 14 17 Dec. Mar. 13 Mar. 20 51 60 62 Jan. 2 65 Jan. 7 Jan. 50 4 Dec. 51 Dec. Mar. 17 June 22 Mar. 10 19 624 214 50 534 54 26 60 Jan. 13 22 24 204 Jan 27 34 Jan. 9 16 33 594 414 32 Jan. 22 34 Jan. 27 30 Sept. Sept. 304 Jan. 264 Jan. 784 Jan. 2 41 Jan. 15 30 Dec. 29 c45 Jan. 6 s814 Jan. 12 344 Dec. 764 Dec. 38 * 27 81 87 Sale 76 31V* Sale 374 Sale Jan. 26 88 Jan. 6 79 Dec. Feb. 11 14 6 52 Jan. 4 64 Jan. 13 53 Dec. Feb. 25 s74 Jan. 4 78 5 704 Oct. Jan. 5 12 39 Jan. Jan. 15 34 Jan. 7 22 14 28 Jan. 17 Jan. 2 100 Jan. 8 2 100 Jan. 8 Sale 764 Sale Sale 67 Sale 52 644 —494 704 Jan. 794 Jan. 18 62 Jan. 5 72 Jan. 25 57 Jan. 4 64 Jan. 9 724 Jan. 30 Sale Sale 30 Sale 55 30 33 35 28 Sale 5 2 574 Jan. II* T 45 30 924 704 594 624 574 574 33 11 50 40 Jan. 29 424 Jan. 2 42 8 Dec. 22 96 Mar. Dec. 18 1024 Feb. Dec. 18 1024 Feb. 724 Dec. 11 1034 May 724 Dec. 11 1024 May 23 87 Jan. 2 85 Jan. 7 77 85 79 Jan. 15 79 Jan. 15 774 774 Jan. 26 s80 30 61 Jan. 7 4 Jan. 364 Jan. 29 7 50 40 45 40 49 m n 19 25 d 45 1114 Sale 1124 Sale 32 244 1114 1104 Sale Sale Sale Sale 26 i 21 69 68 40 Sept. 22 107 13 26 Dec. 10 72 Jan. 8 40 97 Mar. 11 99 Mar. 20 47 55 Jan. 15 11 48 Jan. 16 Sept. 30 35 Sept. 30 2 354 Oct. 464 Jan. 484 Jan. 29 34 Jan. Jan. 7 Jan. 12 42 22 Jan. 4 47 Jan. 4 30 -51104 Jan. 22 1144 Jan. sl084 Jan. 25 sll54 Jan 16 14 Oct. 5 38 4 Dec. 22 38 4 Dec. 22 154 Dec. 18 11 108 18 394 Jan. 654 Jan. 14 23 Dec. 17 6 44 Dec. 29 614 Sale 364 594 o 19 214 224 Sale 28 Jan. 15 30 40 394 Jan. 954 Jan. 29 88 28 e52 26 22 1937 f a 914 Sale a e524 e604 2 Jan. 85 944 194 Jan. 424 284 Jan. Sale s894 Jan./~ 4 18 14 Jan. 834 es56 75 es654Jan. 4 s604 Jan. 7 s684 Jan. 11 91 Jan. Sale 88 90 79 51 57 49 Jan. 27 41 634 Jan. 374 644 55 Sale 44 354 604 34 Jan. 25 48 Sale 62 Jan. 6 274 Jan. 274 Jan. 34 4 a o o 24 1950 j j .i960 a o 22 1945 j j 61 30 32 294 404 364 124 134 Sale 19 35 Sale Sale 40 43 15 19 20 13k 174 19 15 14 28 20 External s f 7s Sept 1 1946 j j Hungarian Land Mtge 74s a...1961 m n s f 74s series b 1961 m n Hungary (King of) s 1 74s 1944 f a 39 Irish Free State external 5s 71 Sale d 85 Sale 88"" Sale a 1937 m 8 85 100 844 1947 m 8 72 90 Sale 1952 j j 604 Sale 78 Sale 774 70 Sale 66 1960 mn f 7s.1951 j 1954 f a 1965 m n 126,000 1957 72,000 Leipzig (City) external s f g 7s..1947 2,000 Low Austria (Prov)sec s f g 74s. 1950 299,000 Lyons (City of) 15-year 6s 1934 412,000 Marseilles (City) 15-year 6s .1934 131,000 Medellln (Colombia) 64s ..1954 7,000 Mexican Irrlg Assenting s f 44> 1943 a o f a j 32 d 224 iff 514 244 624 m n 994 994 j 10 3 Deferred delivery. 40 844 Jan. 82 Jan. 664 Jan. 344 Jan. 14 14 22 36 Jan. 18 21 414 Jan. 18 31 4 23 Jan. 15 12 21 Jan. 14 10 4 30 Jan. 12 16 8 31 Jan. 14 55 74 4 91 23 100 Jan. Jan. 18 Jan. 11 Jan. 12 764 Jan. 18 75 84 Jan. 16 60 30 Jan. 21 30 734 Jan. 22 774 Dec. 684 Dec. 25 40 Jan. Jan. Jan. 13 1004 Jan. 7 13 1004 Jan. 6 2 Sale Sale 66 Jan. Sale 31 Jan. 2 34 Sale 26 Jan. 5 35 36 33 Jan. 12 40 994 994 Sale Sale 984 Jan. 984 Jan. 17 Sale 10 2 . 5 Dec. Dec. Dec. Dec. Dec. Dec. 204 Dec. Sept. 634 Dec. 79 Sept. 74 4 Dec. 694 Oct. 4 28 70 324 Dec. 55 Sept. 4 ' 13 Jan. 2 34 Jan. 27 184 Jan. 34 Jan. 19 24 Oct. 16 284 Dec. 22 184 Dec. 18 16 32 28 27 June 3 944 May 21 5 Jan. Jan. Jan. Jan. Jan. Jan. 8 107 1014 Apr. 29 14 30 , Dec. 6 834 Mar. 12 1014 Feb. 9 1084 July 8 Dec. 924 Dec. 55 Dec. 6 244 Jan. 40 71 25 Mar. 11 Dec. Jan. 33 Sale d Jan. 704 Jan. 604 Jan. 774 Jan. 69 30 424 Sale Sale m n 27 Sale 72 45 25 84 4 1054 Mar. 144 Dec. 35 Sept. 944 Sept. 574 e55 654 e634 1968 f 1952 a s Feb. 13 1214 Feb. e63 4 57 934 Mar. 20 Mar. 17 87 108 o Bks Mar. 20 884 Mar. 20 94 Mar. 23 13 127 d 4 96 Oct. Oct. 1965 j 274 Jan. 6 21 1949 a Sale 17 29 11 Apr. 9 Mar. 18 Jan. 5 2 26 394 Jan. 44 4 Jan. 6 15 102 Jan. 21 16 1004 June 18 18 1004 Mar. 10 96 Mar. 10 Sept. 21 Oct. 17 91 June 5 Oct. 20 94 Apr. 17 11 77 4 494 50 50 16 1074 Feb. 6 2 Dec. Dec. Jan. Jan. 22 50 51 55 Jan. 38 65 4 Dec. 56 Dec. 45 79 Sale 694 Mar. 11 11 244 Jan. 814 Jan. 50 124 Dec. 28 80 Dec. 29 111 Feb. 80 4 Dec. 24 1104 Feb. 28 Sale 364 Oct. Jan. 834 84 834 Sale 80 394 Jan. Jan. 81 88 85 92 9 4 Feb. 334 Jan. 60 15 Apr Apr. 85 87 Sale 45 d Mar. 20 2 354 Sale j Mar. 19 85 Jan. 42 j Mar. 23 85 21 42 a Mar. 14 90 Sale Jan. 42 4 Mar. 17 88 24 Sale 12 42 4 42 8 86 q214 Sale a External sec s f 7s series b Italian Public Utility s f g 7s Japanese Gov text s f 64s Extl sinking fund 54s 13 Dec. 29' Dec. 15, 11 o ser Oct. 13 Jan. 854 Jan. 30 13 10 30 30 86 j Apr. Apr. 304 Jan. Sale j 24 Mar. 23 Mar. 16 2 Sale j May 23 June 4 134 j 84 Mar. 20 Mar. 26 244 Jan. 254 Jan. 90 784 814 484 — 224 Jan. 91 8 mn -. 274 Sale 264 Sale Sale Sale 1946 a Italian Cred Consortium 7s 4 Sept 21 74 Sept. 21 104 Dec. 24 1958 j s Dec. 10 1964 m n On the basis of 15 to the £ sterling, 13 23 m —- 4 834 Apr. 11 4 894 Apr. 11 12 Dec. 30 100 Feb. 25 10 Mar. 18 Sept. 21 86 9 4 Dec. 24 Mar. 18 86 74 Dec. 28 86 Mar. 18 Mar. 18 64 Dec. 29 87 10 Dec. 29, 86 Mar. 18 18 Jan. 87 964 Apr. 22 184 Dec. 224 Dec. Jan. 1954 m n (Kingdom) external 83m Mar. 18 854 Mar. 18 77 Apr,. 4 85 Mar. 16 18 16 7 o s f 74s Helslngfors (City) ext 64s Hungarian Mun Loan 74» 14 934 Apr. 15 16 18 7 1958 f Hamburg (State) 6s Heidelberg (City) extl Dec. 22 16 28 12 84 4 1956 m s f 6s.. Apr. 15 9| 9 11 444 454' 424 Jan. 504 Sale 434 Jan. 46 Sale 424 Jan. 45 47 354 Jan. 7s 95 14 Dec. 31 76, 64 4 Dec. 16 97 824 Dec. 16 1084 794 Dec. 14 1034 74 Sept. 30 1094 134 Dec. 18 774 9 274 Dec. 95 8 7 1950 m 64s 9 6 Sept. 19 Sept. 19 2 10 j 28 15 Mar. 24 Jan. 3 Jan. July 3 184 Sept. 21 6 294 Oct. 75 s 6 6 Mar. Mar. 12 7 72 704 Mar. Jan. 3 75 27 Jan. Jan. Oct. 8 92 83 18 4 Oct. 15 12 12 Sale 30 14 Jan. Jan. 78 Oct. 7 Dec. 30 29 27 20 2 81 12 12 134 ?I* 29 26 Jan. 15 55 38 16 6 304 294 354 194 Jan. 144 Jan. 144 Jan.. 19 5 1945 m s Sinking fund secured 6s.. 2 c43 6 28 114 Jan. m 4% fund £ op 1960 (35=£1) 1990 5% War Loan £ op 1929 ($5=£1)1947 j d Greater Prague (City) 74« 1952 m n Italy Jan. 144 Jan. 114 Jan. 114 Jan. 114 Jan. 104 Jan. Sale 11" 5 2 Sale f s Jan. Jan. Jan. 12 o 1947 j Jugoslavia (State Mtge Bank)— Secured s f g 7s e j 1945 m n (Municipality) 8s sec 364 284 284 274 154 Jan. 154 Jan. 124 1940 a (Cons Agrlc Loan) 64« f 4 ....1954 a 64s a s 12 Jan. 4 86 1942 m External 64» Ser b 1954 Frankfort (City of) s f 64* 1953 French Republic 20-yr extl 74s__1941 External s f 7s of 1924 ....1949 German Gov't International— Greek Govt Jan. 15 22 854 Sale 1932 m s External sinking fund 64s Extl sinking fund 54s Finnish mun loan Haiti (Rep. of) Cust 75 16 43 Sale 374 Sale 1940 a Grt Brit 8t Ire., 20-year 784 15 Jan. 78 1962 Registered 12,000 11,000 53,000 96,000 89,000 102,000 34,000 118,000 206,000 87,000 59,000 38,000 153,000 44,000 973,000 39,000 132,000 106,000 933,000 489,000 75 42 60 Denmark 20-yr external gold 6s .1942 j External g 54«~ ...1955 Gold 44s Graz 2 Mar. 25 23 34 1949 Finland (Rep of) external 6s External sinking fund 7s Jan. 304 Sale 394 Sale 784 85 704 88 4s extl loan Series c 1949 30-year a f 54« 1953 Public Works 5^8...June 30 1945 Cundlnamarca (Dept Colombia) 40-yr external sink fd gold 6s .1962 30-yr external gold 54«~Mar 1953 30-yr external gold 54«~Nov 1953 el Salvador (Rep) 1st s f 8s 1948 Estonia (Republic) 7s .1967 86 12 '184 4 . 904 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Sale 62 1942 f5h« 90 914 904 794 194 474 414 424 12 Not 15 1937 5 hs of 1926 Sale 75 2 c32 204 Rica sec 4 Jan. an a* (Republic) extl 7s.^1951 Cuba (Rep of) 5s of 1904 1944 1st 22 Jan. 25 20 f 7s...1957 2d series sinking fund 54« Dresden (City) extl s f 7s Dutch East Ind 25-yr extl 6s 204 Jan. 274 Sale 1952 .... 4 Sale 1947 Deutsche Bank Am part ctfs 6s Dominican Republics 25 12 24 4 External s f 64s 168,000 1959 49,000 Czechoslovak (Rep of) exit 8s...1951 Sink fd 8s ser b 37,000 -.1952 266,000 229,000 182,000 Jan. Jan. 15' 6 1946 5s ext debt Ser a of 1914 26 Sale 1953 External s f 7s Cordoba (Prov) Argen 7s Costa 5 12 11 1947 s 244 Jan. 184 Jan. 5 22, 66 .1961 Sinking fund 7s of 1927 Copenhagen external 5s 11 Jan. 134 Sale 124 Sale 1961 f g 6s int rets 11 Sale 1951 Colombia Mtge Bank 64« Sinking fund 7s of 1926 Jan. Jan. Jan. 25 Christianla (City) (Oslo)30-yr 6sl954 Cologne (Germany) s f 6 4 s 1950 f 6s 4 Jan. Jan. 51 Jan. 43 Jan. 41 Jan. Jan. 34 334 Jan. 34 Jan. 414 Jan. 13 1960 s 21 43 ni \hH Guaranteed s f gold 6s 1961 Guaranteed sinking fund 6s..1962 Colombia (Rep) external 4 Jan. 5 2 Mar. 21 92 61* 16 22 4 21 _ s 84 70 Dec. 29 764 Dec. 10 cllO 244 Dec. 17 994 284 Oct. 13 724 28 4 Oct. 9 69 8 Jan. Jan. Jan. 88 Sale 19 424 Jan. 39 _ Dec. 30 Dec. 28 Dec. 28 95 654 Jan. 2 Sale 124 114 Sale 104 Sale 144 1961 8 12 Mar. 20 r. 384 Jan. Sept. 21 1064 July 13 Sale 118 s* 7 18 Oct. 12 72 13 Sale 5 6 2 May July "" 54 Dec. 28 16 Jan. Jan. Dec Dec. 11 16 23 9 1164 May 13 Feb. 20 9 111 16 100 12 18 884 Sale 14 Jan. Sale Sale II* Jan. 14 71 154 Oct. 18 18 6k Dec. 30 6 30 234 Jan. 5 15 Sale 20 1961 Chilean Munic Loan 7s-> Chinese Hukuang Ry 5s 204 Sale 314 Sale Sale Dec. 944 Jan. 13 100 144 Dec. 17 91 20 s24 344 374 13 6 30 Sale 154 20 2 40 33 72 Sale Prices. 15 105 April 30 844 Dec. 844 Dec. Jan. 154 Jan. 40 43 124 12 13 Jan. Jan. 84 Jan. 84 Jan. 100 Jan. 28 Jan. 404 Jan. 48 334 Sale 554 Jan. 314 Jan. 284 Jan. 5 s22 2 10 16 37 16 40 384 294 Sale Chile Republic exts f g 7s......1942 External sinking fund g 6s 1960 11 4 65 Sale 57 W* 29 11 11 Jan. Jan. 29 474 33 1960 4 364 Jan. 344 Jan. 48 11" 13 11* 70 "20"" 334 394 75 Sale 38 Sale 744 864 Jan. 974 Jan. 98 Highest. Sale Prices. Prices. 124 Jan. 204 214 164 664 55 1938 External sink fund gold 6s Ry ref extl s f g 6s Extl s f 6c Intctfs 18 Sale 1960 s Sale Sale §t* 86 5 Sale 38 334 354 Sale Sale 22 6 5 54 Jan. 984 Jan, 35 174 Sale 45 394 s27 20 994 41 "35"" 4 4 Jan'. Jan. Jan. Jan. Jan. 24 70 Sale 39 23 Jan. 6 Sale Sale 37 1952 f 6s Farm loan 10 554 224 204 174 84 64 Sale" 354 1936 Farm Loan 9 7 iff Carlsbad (City) s f 8s 1954 Cauca Vail (Rep of Col)s f g 7^81946 Cent Agrlc Bank (Ger) 7s 1950 Farm loan Sale 20 no , Sale 994 Sale 194 Sale .35 ..... 544 29 24 Sale IF Jan. 914 Jan. 914 Jan. 80 Sale 75 174 s22 54 ..1968 30-year gold 5s 254 84 Sale Caldas Dept of (Colombia) 74»—1946 Canada (Dom) Gold 4s— ...1960 6 h» "40"' Sale 15 Prices. YEAR 1931. Lowest. Highest. 78 Sale 22 1957 Stab loan 74s int ret 81,000 40,000 515,000 593,000 336,000 8,000 31,000 157,000 282,000 644,000 413,000 30,000 167,000 Sale 934 Sale 78 1952 Sink fd 7h® (coffee sec)., flat 1952 Bremen ext g 7s trust recta, 1935 Brisbane (City) s f 5s 1957 Sale Sale 94 23 172,000 102,000 137,000 Sinking fund gold 5s .........1958 20-year s f 6s 91,000 1950 505,000 Budapest (City) exit s f 6s 1962..195« 131,000 Buenos Aires (City) extl 64«---1955 External s f g 6s series c-3 10,000 1960 External s f 6s series c-2 7,000 1960 361,000 Buenos Aires (Prov) ref. ext'l s f 6s 1961 External s f 64s 469,000 ...1961 90,000 Bulgaria (Kingdom of s f g 7s 1967 42,000 47,000 36,000 314,000 69,000 7,000 12,000 81 1960 Brazil (u s of) external 8s..._..1941 Ext a f g 6 ms of 1926... ..1957 407,000 308,000 248,000 233,000 28,000 Ask. 78 RANGE FOR Lowest. 924 Sale 924 Sale 225,000 Berlin (Germany) s f 6)4a 1950 External sinking fund 6s......1958 414,000 63,000 Bogota (City) ext g 8s ......1945 404,000 Bolivia (Republic of) s f 8s .....1947 External sec gold 7s 223,000 1958 Extl sink fund 7s 227,000 .......1969 348,000 Bordeaux (City of) 15-year 6s. ..1984 61,000 54,000 90,000 Ask. Bid. f Ss.Oct 15 1949 ... Jan. 30. 80 1956 f 5s s Bid. ..1955 .... Stabilization loan 7s ~ 220,000 276,000 31,000 Jan. 2. Foreign Government (Continued) Belgium (Concl) External ■ f 6s.. 1955 730,000 925,000 1,465,000 17 PRICES IN JANUARY. bonds N. T. STOCK EXCHANGE. pec. 1931 $ EXCHANGE-BONDS 106 97 Dec. ,11 6 Mar. 20 92 Mar. 21 98 J Mar. 30 Mar. 21 91] 941 87] 95 Mar. 13 Mar. 17 Mar. 18 944 Apr. 102 4 Feb. 2 1074 July clOl May 2 6 100 June 20 98 Mar. 31 97 May 7 107! July July 7 98: 8 854 May 95 Dec. 22 1004 95 Sept. 21 1064 94 Sept. 21 1074 94 Dec. 18 75 2 Feb. cl034July 10 884 Feb. 26 2 Mar. 11 May 15 Aug, 26 Apr. 1 Mar. 19 84 Jan. 15 N. Y. STOCK 18 SALES IN Jan. 1932. '%6bb 58,666 2 Assenting 4s of 1904..........1954 Assenting 4s of 1910 ......... Assenting 5s large 5,000 7,000 33,000 10,000 46",006 556,000 16,000 73,000 510,000 Ask. Bid. Bid. Assenting 5s of 1899... Lowest. 34* Sale 4% 56,000 111,000 96,000 56,000 35,000 23,000 i[ 689,000 n518,000 106,000 410,000 110,000 174,000 80,000 164,000 114,000 117,000 70,000 11211,000 7,000 5,000 S s Municipal Bank extl s f 5s Municipal Bank ext s f 5s J J F M MN M N 16 J8* 29 29 22% 14 50 Sale 12 Sale 8 Sale J J J J M S A 244* Sale 22 % Sale 60% Sale O A O F I1* MN D O A J J 30 72 4 68% 13 68% 6 1004* 27 914* Jan. 14 Jan. 22 Jan. 4 Jan. Jan. 15 50 Jan. 4 55 Jan. 13 48 Jan. 2 54 Jan. 15 48 Jan. 4 554* Jan. 15 11 Jan. 5 14 Jan. 18 8 Jan. 2 114* Jan. 30 4 35 Jan. 14 5 33% Jan. 764* Jan. 59% Jan. 14 20 28: 55% Sale 69 Sale 22% Jan, 21^1 Jan. 60% Jan. 51 % Jan. Sale 35 Jan. 20 2 2 Sale 53 2 53 Jan. Sale 18 13 Jan. 2 21 9 Sale 8 Jan. 12 11 Sale 11 Jan. 10 Jan. 11 11 12% 25\ Jan. 15' 18' 8 11% Jan. 144* Jan. 22| 4 13 Jan. 18! 16 15% 20 11% Sale 12 Jan. Jan. 23: 10 Jan. 4 12% Jan. 26 Sale 67 67 Jan. 25 ^74% Jan. 11 102% 87% 84% Jan, 7 Jan. 11 Sale Sale 91 52 6 J S 4 Jan. 6 40 Jan. 22 Jan. 28 19 23 30 Jan. 14H 15% 13% Jan. 10% Jan. 15 12% 33 46 55 Sale 24 Sale 18 J M Jan. 60 10% 30% J 47 38 % 17" M N Sale 66 MN 16 33 Jan. 23 Jan. 7 Jan. 20 5 Jan. 9 5 Jan. 15 24 Sale 23 Sale 29 26% 33 34 38 21% J Sale 27 34 13% 10% Sale 48% J O 45 M S 40 25 A MN J D J D J J Sale Sale 45 40 A 33% 34% O J Jan. 25 33 Jan. 11 99% 33 18 Jan. 97 Jan. 284* Jan. First cons cons A 3,000 6,000 102 Sale 40 37 Sale v 60 34 Sale 56 "8,066 To", 000 11,000 33,000 800,000 5,000 5,000 112,000 854,000 5,000 13,000 S7.000 i9"566 15". 000 31,000 6,000 2.000 427,000 37,000 278",000 3,000 6,000 40,000 Ann Arbor 1st g 4s... Atch Top 8c S F gen g 4s Registered Adjustment g 4s Stamped Conv g 4s of 1910 Conv deb gold 44*8 ...1955 1955 ...1960 1948 1965 17 23 Sale 32% 45 s47~~ 23% Sale 33 Sale 33 ~30" A ...1962 .1946 Atl 8c Char Air Line 1st 4Kb A..1944 1,000 4,000 266",000 Atlantic City 1st con guar g Atl Coast L 1st 10,000 147,000 17,000 58,000 15,000 9,000 25",000! cons 4s 4s July 1952 Bait 8c Ohio 1st g 252,000 505,000 Registered...... 1,093;000 803",660 254,000 215,000 457,000 57,000 153,000 70,000 150,000 376,000 198,000 282,000 68,000 123,000 117,000 136,000 1,329,000 9,000 4,000 2,032,000 5,000 40,000 Refunding 5s series D Conv g 44*® temp Bangor 8c Aroostook RR Con ref mtge gold 4* c Cash sale, s 200> -—1968 1st 4 5s *43 .1951 Deferred delivery. 71 Feb. 20 Mar. 11 Mar. 12 164* Dec. 17 16 Sept. 26 7 36 4* Oct. 9 35 Dec. 124* Dec. 7 4* Dec. 94* Dec. 94* Dec. 12 M O J J A 99 65 29 64 14 63 Sale Sale 304* 294* s31% 234* Jan. Jan. Jan. Jan. Mar. 18 94* Dec. 19 5 Dec. 10 3 284* Oct. 1 124* Oct. Mar. 24 10 Oct. 1 7 4* Dec. 30 414* Dec. 30 25 Dec. 15 184* Dec. 17 124* Dec. 17 244* Dec. 18 20 Dec. 103 30 Sept. Sept. 284* Dec. 254* Sept. 15 Dec. 964* Oct. 34 Dec. 93 11 Jan. 14 Jan. 25 2 344* Jan. 23 5 & 48 Jan. 23 Jan. 26 8 Sale 32 Jan. 4 Jan. 29 Sale 60 Jan. 30 Jan. 50 794* 85 93 79 J* 75 80 924* 86 Jan. WA 88 90 704* 60 -.— 98 254* 854* 754* ,754* 71 90 674* Jan. 87 34% Sale 18 c93?* Apr. Mar. 18 Mar, 10 Feb. 10 22 18 93 84 J 22 69] Mar. 17 80 Apr. 18 14 June 19 Jan. 2 Jan. 5 July 844* July 974* July 8 11 7 76 95 Jan. 20 Jan. Dec. 100 874* Jan. 11 14 Dec. 8 26 Jan. 28 814* Dec. 27 88 Jan. 2 83 Dec. 854* Jan. 18 8 80 Dec. 74 Dec. 804* Jan. 101 May 994* Aug. c994* July 984* May 944* May 98 Sept. 984* Sept. 954* Sept. 6 11 194* Jan. 854* Jan. 854* Jan. 18 75 Jan. 78 77 Jan. 70 16 844* Jan. Jan. 28 s85 7 June 86 Dec. 934* May 73 864* 754* 90% Jan. 29 79 Jan. 21 71 74 Jan. 4 79 Jan. 29 94 4* Apr. 74 Jan. 27 744* Jan. 90 Jan. 4 29 14 844* Dec. 844* Oct. 93 Jan. 89 89% 89. Dec. 75 79 774* Sale 744* 914* Sale" 844* , 864* Jan. 5 904* Jan. 18 Dec. 834* Dec. 1034* Jan. 90 Oct. 75 Dec. 86 May 79 86 Sale 79 Jan. Sale 72 76 76 Jan. Sale 58 75 754* Jan. 604* 58 Jan. 19 30 29 23 Jan. 4 154* Jan. 4 30 Jan. 15 60 574* 254* 204* 264* 74 Dec. Sale 814* Sale 77 Jan. 8 83 Jan. 22 92 Aug. 61 Dec. 71% Sale 60% Sale 90% Sale 80 Sale 71 Jan. Jan. 14 484* Dec. 61 Sale 59 Jan. Jan. 22 80 92 Sale 89 Jan. Jan. 22 Sale 73 Sale 65 69 78 Sale Sale 57 75 Jan. 30 29 794* Jan. 11 77 Dec. 20 80 Jan. 2 67 Nov. 64 Jan. 8 15 Dec. 304* Jan. 16 15 Dec. 86 76 19 O ..... 9 13 10 20 15 10 4 89 1 Feb. 50 Dec. 70 Mar. 26 4* Sept. 23 61 Sept. 16 1014* July 51 14% 7 15 cl084* Apr. 13 31 954* Mar. 31 1054* 94?* 92 4* 904* Jan. 80 '80"* ■ 80 Mar. 23 76 ----- 89 - 6 864* Mar. 21 76 Mar. 11 Dec. 29 Oct. 17 1004* May 8 cl04 May 894* Aug. 20 Dec. 29 914* Feb. Feb. 304* Sept. 22 104 204* Dec. 15 884* Apr. 20 4* Dec. 16 884* Apr. 82 4* Oct. 15 1004* May 894* 1.78 Mar. 18 Mar. 11 934* Mar. 65 l¥A 66 96 J* 89 4724* Mar. 28 844* Mar. 14 764* Jan. 28 584* Mar. 12 29 108 Sept. 21 Dec. 18 704* Dec. 90 Feb. 18 Mar. 11 16 60 Sale .80 Mar. 19 Aug. 21 644* Mar. 12 19 6 9 Mar. 23 74* Dec. 28 68 60 4* Sept. 29 914* Dec. 16 1064* 40 Dec. 29 83 58 Oct. 15 89 78 18 13 Jan. 874* Mar. 20 Jan. 4 14 29 18 11 Jan. 30 544* Jan. 354* Jan. Jan. S D MN 874* Mar. 11 83 Apr. 10 34 4* Dec. 57 Dec. 18 9 874* Feb. 3 984* Apr. 22 884* Mar. 20 554* Mar. 21 Dec. 29 70 J 17 Dec. 51 50 60,y Dec. 60 4* July 1014* Jan. 122 July July May Apr. July Feb. 11 10 16 24 23 29 23 25 7 26 23 16 14 1 24 98 June 19 100 % June 23 106 May 15 1034* 99?* 1044* 94 4* Jan. May 14 5 Feb. 7 Jan. 27 99 ' Sept. 4 Jan. 20 92 4* Mar. 18 52 Feb. 24 102 41 Aug. 11 75 Apr. 2 1044* May 12 1004* Q 1959 80 21 644* Jan. 61% TolCln Dlv 1st 8k ref 4s 90 29 Jan. 87 30 Hs...............—1933 Refund 8c gen 5s ser A ...—1995 1st gold 5s -July 1948 Ref and gen 6s, series C 1995 P L E 8k W Va Sys ref g 4s 1941 Southw Dlr 1st 34*8 «t 5% 1950 22 Dec. 31 70 34 60 Convert 4 5 54 7 20 ........ Mar. 14 15 2 J 1941 83 26 19 J July 1948 22 674* Jan. 454* Jan. Jan. 30 17 4* 88 75 1st gu g 4s.. 1949 A 4s June 29 Sept. 28 107 984* Sept. 29 107 47 J Austin 8c N W 1st g 5s 73 30 804* Jan. -.1948 J Atlantic 8c Yadkin 9 23 16 24 87 86 - Second 4s Jan. 28 95 71 83 J 1944 1951 1964 L 8c N collat gold 4s Oct.. 1952 Atlantic 8c Danville 1st g 4s 1948 General unified 44* s 40 5 854* Jan. Jan. 22 103 5 454* Jan. 34% 70 664* 74 8 29 30 1024* May 76 M 23 8 Sale Sale I Cal-Arl« 1st 8c ref44*s ser Jan. 6l Jan. 404* Jan. 16 58 95 D Atl Knox 8c No 1st g 5s 67 22 Jan. 80 34% s374* 63 D J 16 21 Oct. 9% Sept. 5 4* Sept. 5 4* Dec. 35 Sept. 304* Sept. 32 Sept. 114* Dec. Jan. 57 80% J D 7 25 100 40 11 94% 24 J J Rocky Mt div 1st 4s A.. 834* Dec. 22 1044* June 27 49% Dec. 30 934* Mar. 20 15 2 11 20 Dec. 18 1014* July 11 54 4* Dec. 16 964* July 18 60 Dec. 24 1044* May 22 97 Sept. 28 1024* Apr. 6 18 6 22 57 12 29 20 25 103 Mar. 18 Dec. 18 834* Mar. 17 Jan. 384* Jan. 574* Jan. 15 36% 29% Jan. Jan. Jan. 4 6 14 5 5 29 5 14 102 June 19 1024* June Jan. D Trans-Cont Short Line 1st 4s gl958 J 1st 30-year 5s ser B 224,666 J 12 26 Apr. 844* Apr. cl064*May 694* Jan. 684* Jan. cl084*May 1074* June 103 Apr. 1034* May Jan. O M N Registered Conv g 4s of 1909 Conv g 4s of 1905........ 30 Jan. 28 414* Jan. 44% Sale 50 63 "40"" 101 43 15 "21" 794* Jan. Sale 59% D 1942 M 8 July 1995 Q J ...1995 A O 1995 A O July 1995 Nov July 1995 M N 22 22 26 65 92 38 D Albany & Susq 1st guar 34*8- ...1946 Allegh & West 1st g gu 4s 1998 A O Alleg Valley gen gu 4s 23 Jan. 68 Sale 85 79% Sale 102% Sale A 1943 J -.1943 J 5s ser A 4s series B 23 Mar. 17 65 47 RAILROAD AlaGt Sou 1st 16 28 91 12 5 25 Sale 36% Sept. Sept. Sept. 27; 664* Dec. 654* Dec. 62 Dec. 62 Dec. 60 Dec. 604* Dec. 75 Sept. 124* Mar. 14 114* Jan. 31 10 Apr. 23 114* Mar. 12 104* Jan. 5 94* Jan. 13 134* Jan. 3 13 4* Jan. 19 Jan. 4 11% M N 42 2 25 38 D 1952 A O 1952 MN Warsaw (City) external 7s ...1958 F A Yokohama (City) extl a f 6s.- ...1961 I D 11 Jan. MN Venetian Prov Mtg Bank 7s Vienna (City) external 6s 30 314* Jan. M N D Jan. 33 58 F 16 29 Sale 38 M N 344* Jan. 4 Sale 45% J 4 Jan, 19 38 58 J 15 35 55 O Jan. 50 32% 57% M S 8 19 MN FA 26 Jan. 31 A 16 Jan. 35 23% 99% 21 16 Jan. 41 98% MN 5 4 34% Jan. 2144 Jan. Sale 40 13 4 C19% Jan. 13Vs Jan. 16% 15 Sale 8% Jan. 46 Jan. 59% Sale 38 45 31% Jan. 30% 32% 22% Jan. 20 A A 2 4 47 % F J 13 12 Sale 70 M N A 64% Jan. 64% Jan. 12 6 Sale 14 v' 10% 10% Sale A O F 8 84 F F 7% 12% Sale Sale 53 Sale Sale 15 Sale 32% Sale 30 9 A F 19 114* Sale D J Jan. 13 O J A 70 4 9 A J 7% 11% 6% 6% 52% 52% 53% 12% 11% Jan. Jan. Sale A M S 5 4 12 11 4 7% 10% Sale 4 22 9 9 11 16 Jan. Jan. Jan. M 48 18 Jan. Jan. Jan. Jan. Jan. 4 16 45 A Jan. 524* 774* 774* 764* 72% 4 Dec. 29 97 28 11% Jan. 6% Jan. Sale 50 25 13 54 6% Sale 20 fJan. 2 cl05 53 4 1 Oct. Dec. 29 15 22 54 48 Jan. Jan. 45 A 6 23 9 2 7 2 9 Oct. 9 Sept. 30 154* Dec. 18 94* 144* 7% 7% M N A 8 Oct. Oct. Oct. Oct. Oct. 11 5 85 16% 12 7% Jan. 90 Sale 18 Jan. Jan. Jan. 87 M S 17 26 Jan. 4 Jan. 97 J 4 56 85 9 164* Jan. 21 5 A D 8 8 18 22 12 13 F 226,000 296,000 (Prov) extl sink fund 7s__1958 174,000 Sileslan Landowners Aasn 6s 1947 50,000 Solssons(Clty)ext 15-yr g 6sNov 14 '36 241,000 Styrla (Prov) extl sec s f 7s 1946 43,000 Sweden (Kingdom of) Extl g 534s —1954 347,000 Switzerland (Govt) ext 5 Ha 1946 478,000 Sydney (City) s f g 54*8— —1955 197,000 Taiwan Elec Pow 5 4* a 1971 249,000 Tokyo City loan of 1912 5s. 1952 36,000 External s f 54*® guar 1961 164,000 Tollma (Dept of) external 7s 1947 12,000 Trondhjem (City) 1st ext g 5Ha.. 1957 Upper Austria (Prov) extl a f 7a__1945 External a f 614* June 15 1957 3,000 Uruguay (Rep) external s f 8s 1946 72,000 Ext s f 6s 1960 391,000 Extl a f 6s May 1 1964 296,000 255,000 295,000 70% Jan. Jan. 13 % Jan. 12 Jan. J Serbs. Croats 8c Slovenes extl 8s. 1962 M N Ext sec 7s ser B__ 1962 M N J D Silesia 189,000 17,000 8 14% 21% Jan. 29 20 Jan. 20 20% 24 J 25 103?* Sale 103% Sale sl01?*Jan. 43 Jan. 43 % 47 44% 46 40 48 42% Jan. 43% 46 80 70 Jan. 74 Sale 70% 77 75 Sale 71% Jan. 71% 71 Jan. Sale 75 664* 71 66 69 65 71% 64% Jan. 66 58 Sale 63% Jan. 61 59% Jan. 59% 67% 68 64% Jan. 65% 67% 80 2041 Jan. 20% Sale 29% Sale 62 Sale 61% Jan. 62% Sale 60 % 58 Sale 57% Jan. 58% 60 Jan. 62% Sale 65% 68 99 % Jan. 101 90% 100 - 420,000 376,000 69,000 167,000 27,000 257,000 20,000 17,000 4,000 10,000 70,000 435,000 80,000 33,000 442,000 196,000 205,000 Jan. 65 15 12 . 150", 600 6 3 8 Sale 20 Mar 15 1963 M f 5s 9,000 139,000 262,000 114,000 35,000 9,000 16,000 Extl s f 5s ser A May 15 1963 47,000 Wt 40,000 Pernambuco (State) ext sec 7s..1947 71,000 16,000 Peru (Rep) Sec s f g 7s 1959 23,000 S119,000 National loan ext 8 f 6s ...1960 189,000 i1889,000 S F 6s int ctfs w 1. 1961 387,000 151,000 Poland (Rep of) g 6s 1940 103,000 55,000 Stabilix loan 7s of '27. Oct 15 1947 863,000 440,000 External s f 8s .........1950 349,000 254,000 Porto Alegre (City of) 8s 1961 75,000 14,000 External guar sink fund 74*®— 1966 39,000 14,000 Prussia (Free State) ext s f 64* 1951 710,000 286,000 S f gold 6s .1952 889,000 646,000 Queensland (State of) ext a f 7s.. 1941 70,000 149,000 25-year extl a 1 6s Feb 15 1947 97,000 28,000 Rhine-Main-Danube deb 7s ser A 1950 50,000 114,000 Rio Grande do Sul (State) ext 88-1946 20,000 48,000 Ext s f g 6s 1968 310,000 149,000 Ext s f 7s of 1926 1966 196,000 79,000 Extl s f 78 munic loan 1967 14,000 116,000 Rlode Janeiro (City) 25-yr sf 8s .1946 100,000 7,000 External sec s f g 64*® 1953 124,000 428,000 Rome (City) external s f 6)4a 1952 396,000 592,000 Rotterdam (City) ext a f 6a 1964 16,000 25,000 Roumania (Monopolies) 7s ..1959 379,000 167,000 Saarbruecken (City) • f6s 1953 7,000 Sao Paulo (City) s f 8s.....Mar 1952 5,000 28", 665 Ext isec s f g iH*. May 15 1957 28,000 75,000 San Paulo (State) ext i f 8s 1936 15,000 55,000 External s f 8s 1950 73,000 157,000 Ext 7s water loan 1956 48,000 78,000 Extl 8 16s int rets 1968 86,000 141,000 Sec s f g 7s int rets w 1 1940 474,000 381,000 Sante Fe Prov (Arg Rep) extl 7s ..1942 32,000 60,000 Saxon Pub Works (Germany) 7s. 1945 304,000 403,000 Gen ref guar serial gold 6 Ha—1951 312,000 257,000 Saxon State Mtge Inst 7s 1945 30,000 112,000 S Fg6Hs Dec 1946 39,000 46,000 Seine Dept (France) 20-yr7a_. 1942 355,000 329,000 224,000 15,000 140,000 23,000 66" 14 12 64*8 series A 1967 1970 1952 i3i",666 Nuremberg (City) external 6s Oriental Development 6s........1953 275,000 Extl deb 54*s int ctfs 1958 206,000 Oslo (City) 30 year s f 6s 1955 55,000 Sinking fund gold 54*8 -.1946 196,000 Panama (Rep) external 54*s 1953 20,000 ... "65"" Sale" AO M Montevideo External 4 4% Jan. 20 Jan. 3 2% 64*S—1958 1959 M S (City) a f g 7s 1952 J D Ext s f g 6s series A 1959 MN Netherlands s f 6s flat ...1972 M 8 New South Wales ext ■ f g 5s.-.1957 F External s f g 5s 1958 A Norway 20-year ext s f 6s.Aug 15 1943 F 20-year external s f 6s. Aug 15 1944 F 30-year external s f 6s Oct 1952 A 40-year ext s f 54*® June 15 1965 J sec 4% Jan. Jan. Braxll.— External sinking fund Ext 28 4 64*®--1952 Milan City (Italy) ext loan Oct. 1% 14* 24* 14* 24* 14* 57 12 2% Jan. £3 J Sale Prices. 7 2 4 44* 2 1931. Highest 14* Oct. ... Minus Geraes (State) 41,000 Sale Price. 10 Q-J- ........ Assenting 4s of 1910 small Treas 4s of 1913 assent (large) 1933 j Small.. Sale Prices. YEAR Lowest. Sale Prices. Ask. 4* Assenting 4s of 1910 large... ' Highest. Jan. 30. J I899£ 1945 Q 1945 Mexico (U S) external 5i of 2. Jan. FOREIGN GOVT (Concluded) $ RANGE FOR PRICES1IN JANUARY. BONDS N. T. STOCK EXCHANGE. Dec. 1931 27,000 615,000 224,000 302,000 54,000 EXCHANGE-BONDS M J J 80 76 8 D A O J D MN 67 J J 64 % J J 75 M 8 51 61% Sale 784* 614* 564* 604* Sale 524* Sale Jan. 854* 704* 944* 784* 13 534* Dec. 624* Dec. 69 Jan. 78 Jan. 13 534* Dec. 70 Jan. 804* Jan. 21 50 50 Jan. 62 Jan. 26 59 Jan. 694* Jan. 22 Jan. 424* Jan. 59 Jan. Jan. Jan. 88 Jan. 14 23 65 Jan. 18 49 Sale 74 84 78 90 81 73 634* 674* 60 50 34 80 60 Dec. 994* 974* 1014* 1044* June 22 109 Mar.' 6 June 24 Feb. Mar. Dec. 1104* Mar. 99 May 1054* Jan. 864* Feb. 104 4* Feb. Dec. c99 Dec. 105 Dec. 94 Dec. Jan. 25 2 11 23 5 24 28 27 Apr. 30 Oct. 24 -U N. Y. STOCK SALES IN Jan. 1932. PRICES IN JANUARY. BONDS N. Y. STOCK EX CHAN OR. Dec. 1931 Jan. Bid. Battle Creek At Sturgls gu 3a....1989 Beech Creek 1st gu 4a..........1936 2,000 D J Second guar gold 5a... 26,000 195,000 120,000 67,000 5,000 15,000 287,000 125,000 50,000 16,000 "3"666 ~4*,666 156,000 .1961 A Consol 4H« O 19,666 99,000 80,000 117,000 105,000 224,000 69,000 78,000 100,000 277,000 177,000 36,000 389,000 142,000 17,000 72,000 234,000 27,000 261,000 127,000 158,000 288,000 con gu Sc col tr 5a..1963 A O Canadian Nat guar 4H*-Sept 15 1954 M S 4Ha 1957 I J 4H« June 15 1955 J 1956 F Canadian No deb 35-year deb Sale 653 553 75 69 Sale '83" Sale 42 70 80 H 72 72 34 92 1946 J 9334 5s equip tr temp ctfs 1944 J J Collateral trust g 5a Collateral trust 4H« 1954 J D J J cona 1932 M 11,000 11,000 55,000 6,000 6,000 12,000 8,000 153,000 7834 723I 120,000 144",660 "9",000 121,000 16 4 July 21 Feb. 18 Jan. 11 40 Jan. 4 77 8934 Jan. 19 61 Jan. 11 2,609,000 3,436,000 12,000 89,000 17.000 90 Nov. 86 Jan. 18 65 Dec. 7634 Jan. 27 5 WA 76 Jan. 29 69 34 Dec. 68 Dec. 68 2 Jan. 18 8034 Jan. 2 Jan. Jan. 18 81 75 2 Jan. 28 8334 Jan. 8334 Jan. 8234 Jan. 8 7534 Dec. 7 Jan. 18 76 75 70 7634 Jan. 20 80 8 Sale 92 Jan. Jan. 2 96 Jan. 20 6834 Dec. 8534 Dec. Sale J53I 9134 Jan. 13 Jan. 22 88 Jan. 25 14 15 8434 Dec. 57 Sept. 5834 Dec. Jan. 15 74 Jan. 22 6034 Dec. 10334 June 11 8934 May 16 102 July 20 107 May 8 10534 Mar. 20 Jan. 15 59 100 Jan. 3 75 Jan. 22 73 5 6 6334 Jan. 67 71 Sale 65 Jan. 4 Jan. 79 82 73 72 76 Sale 72 Sale 7734 Jan. 7034 Jan. 64^ Jan. 4 95 84 5 5 85 W Jan. ""5 May 5 67 46' 91 72 91 90 Oct. 2 10334 June 29 53 41 58 55 41 38 Jan. 14 37 Dec. 24 Jan. 13 14 20 Dec. 18 Dec. 74 Aug. 20 O 2534 Sale 2534 35 20 40 60 9734 6734 30 40 96 Sale 90 I960 6834 Sale 1939 M N 1992 M 8 M O 1995 J 1940 J ..1946 8234 Sale 7634 Sale 99 34 103 J 39,000 51,000 73,000 1,857,000 106,000 2,218",000 488",000 673,666 1,164.000 066,000 J 7934 83 J F 8 A F A A O 8534 9534 ..... MN 11 M N 76 49 2 7834 Jan. Sale 9034 99 Jan. 87 Jan. 4 103 13 9334 Jan. 77 Jan. 5 83 7534 Jan. 9934 Jan. 13 Sale 9934 103 84 83 30 13 ; 80 s75 Jan. 7 c8034 Jan. 18 86 4334 82 7934 Jan. 85 85 Jan. *26 96 Sale 95 Jan. 16 65 75 65 Jan. 16 15 13 .15 12 Jan, 6 8034 "94 8034 Jan. 29 97 68 Jan. Jan. Jan. Jan. Jan. Jan. 47 Jan. 5 90 55 Jan. 15 50 J J 2034 91 3234 25 91 28 14 30 J an. 4 35 Salo Sale 2434 Jan. 33 28 25 40 J an. 14 8*2 62 56 61 71 52 J 62 Sale 68 68 68 Sale Sale O 3434 834 Sale Sale 6034 6034 6534 3534 1034 108*7 M N 5334 81 5134 93 Dec. 20 5834 Jan. 70 73 Jan. Jan. 19 Jan. 14 58 3034 Jan. 42 24 13 22 58 Jan. 29 70 Jan. 70 Jan. Jan. 26 76 Jan. 7 534 Dec. 35 Jan. 9 81 Jan. 3 23 7934 Mar. 28 "56" 80 Sale 91 91 74 8 67 Jan. 14 83 Jan. Jan. 12 80 J an. 60 Jan. 5 75 Jan. 19 87 Jan. 15 cl0334June 1 110 34 Mar. 18 10234 Apr. 29 10134 May 6 10934 Mar. 24 57 Jan. 15 103 23 18 85* 8534 7634 Jan. 44H D 5 47 Jan. 6 37 Jan. 5 46 Jan. 14 96 37 Jan. 4 Jan. 14 9534 Jan. 8 4 Jan. 14 93 Jan. 26 Sale 2534 Jan. 6734 Jan. 46 39 6 80 Jan. 14 96 Jan. 91 Jan. 7 14 Sale 5134 Jan. 5 73 Jan. 14 99] 98] Jan. 21 3134 Sale 1988 J J 70 1988,'J J 60 1934'A O IA 1952IM O 6234 S 50 Sale 1960 M N "54" Sale 4134 Sale D 62 34 81 June 15 1951 D 55 D 59 65 99 Jan. 63 34 Jan. 50 Jan. Jan. ,-4 10434 May 16 100 4534 Jan. 12 Sept. May Sept. 46 37 94 Jan. Jan. 15 Dec. 8834 Mar. 11 14 Dec. 73 Jan. 5 Dec. 22 10034 Jan. 2 9834 Jan. 8 Dec. 8 Dec. Oct. 12 ..... 1963 J 99 43 Sale 4034 Jan. 6 3234 9034 Sale 26 Jan. 5 92 90 Jan. 21 99 97 34 Jan. J 98 D 9434 Jan. J 10734 Sale 8134 4 109 106 Jan. Sale 64 Jan. 30 7034 ... 82 68 Jan. 4 Q 40 F F 1942 M N Jan. 14 Dec. 15 Dec. 8734 Jan. 14 Dec. 7434 79 8234 Dec. Dec. 91 Dec. 85 74 101 Jan. 90 Cln Ind St L Ac C lat 4a...Aug 2 1936 Q 64 June 11 8534 May 8 9134 May 12 102 Aug. 13 Feb. 4534 Jan. B J 6 24 Nov. O 8 11 9 4 46 Jan-. Mar. 9534 Jan. 100 O 46 Feb. Jan. ^234 Jan. 23 46 1951 46 3034 Jan. 95 K D ...Dec 1 1960 M Mar. 9 Feb. 10 62 80 1949 MN 1960 Mar. 13 Mar. 5 101 18 23 Jan. 28 8734 7534 96 34 9634 Dec. Dec. 12 Jan. Sale 1932 11 26 Jan. Jan. 15 17 25 70 1134 Jan. Jan. Mar. 20 Feb. Jan. 69 6 8 Mar. 16 Jan, 17 29 62 47 Dec. 52 34 Dec. 55 Dec. 61 May Jan. 16 10134 Apr. 50 34 Dec. 7 65 June 22 9034 Jan. 6 100 96 15 6834 61 40 Deferred delivery. Oct. Jan. 5 40 gu g 4a 36 Jan. Jan. D Registered... 91 Apr. 2934 Dec. 29 51 59 July 27 May 25 May 28 7 6954 Jan Jan. 18 110 5 21 10234 Jan. 21 5 13 9334 Mar. 66 56 D 1st 6 Ha series C Dec. F Chic At West Ind Consol 50-yr 4a. 1952 J J 1st At ref 5H« series A 1962 M S Choc Okl At Gulf consol 5a 1S52 M N Cin Ham Ac Day 2d g 4 H> 1937 J J 50 13 3534 Dec. 17 12 Jan. 65 June 15 1951 s 14 5734 Jan. Jan. 2037 f Chic Un Station lat gu 4Ha A..1963 J 1st 5s aeries B 1963 J Guaranteed gold 5a 1944 J Cash sale, 29 10034 Jan. 7 May 2037 J g 5s 19 51 54 42 Registered Jan. 19 91 Dec. 21 10034 3 100 Dec. 82 Dec. 15 10434 93 H Dec. 18 11034 70 July 29 10134 734 Dec. 16 50 75 Dec. 28 108 Jan. , 95 59 June 15 1951 27 9034 Aug. 26 5034 Chic T H Ac S'east 1st At ref 5a c 8 28 Sale M N con 15 18 50 J Sec. gold 4Hs series A Convertible gold 4Ha.. Chic SL&NO- 9334 July 82 75 J Registered Refunding gold 4a Registered.... 16 9 84 93 97 May 1989 May 1989 May 73 Jan. 70 Jan. 7934 Jan. 4 12 25 Jan. 17 17 13 16 Jan. Jan. 95 Dec. Oct. 8934 Jan. 8834 Jan. 8734 Jan. 86 84 55 60 May 25 7 9434 Jan. 5 10434 May 7934 Dec. 29 3534 30 cl02 19 86 Sale 11 95 Dec. Nov. 8334 Jan. Sale 90 June Mar. 4 84 8634 27 23 23 25 12 108 104 103 Dec. 75 Dec. 71 100 34 Oct. 36 38 55 1936 M Dec. Dec. IP 19 10334 Jan. July July May 1023 May May 103 Jan. 10434 May 4734 Jan. 4734 Jan. J 1 Aug. 18 7934 Jan. May 1989 6Ha..Mar June 108 80 90 May 2037 J Cln Leb At N 1st 16 Jan. Jan. 9934 Jan. 5 5034 A 111 Dec. 87 7934 6 Mar. 7734 23 D 6034 Dec. 26 97 101 Jan. J 1969 J Dec. Jan. 109 J .1956 J Conv 4Hs soilea A.. Chic R I Ac Pacific gen g 4s 1,000 15 J M N 71 95 Feb. 95 34 Apr. 88 Gen 5s atpd non pay lnc tax..1987 M N Sinking fund deb 5a 1933 M N Income guards 18 J Q cons Jan. 90 ..... 1987 M N Chic St L Ac Pitts 68 8134 Jan. 1634 8034 5634 5534 M S Dec. 91 86 88 J Mem Div 4s 159,000 54,000 54,000 52,000 33,000 123,000 87,000 45,000 1,000 6,000 t.OOO 9 11434 Jan. 5 9834 May 99 May 6 97 May 8 9834 Aug. 22 10534 Mar. 2 J J M J General 4s ..... Nov, Sept. 8734 Apr. Jan. 65 Registered 115 100 45 64 Gold 3 Ha Dec. 12 5 c94 2 40 40 60 Stpd 1st At ref 4Hs 1st Ac ref 4 Ha ser C____ Dec. 93 98 8034 Sale 3934 J 60 1st At ref g 5s 35 16 50 30 Jan. J 5,000 73 63 15 9 Jan. Jan. Mar. 24 1 29 Jan. 90 76 4 22 9534 Jan. 20 May 13 88 Jan. Jan. Jan. Jan. 45 9034 Jan. 25 Jan. 15 100 4 Feb. 10234 Apr. 64J4 Jan. 62 See "Indust rials" page 2 5. 40 40 4234 4034 4334 J Gold 5s 72 7 8334 10134 Apr. 22 1 8934 May 9934 Feb. 25 8 1949 J 3Hs 78 " 95 90 5134 Gen gold 4,4a series E..Mar 1 1989 5,000 66 75 Gen 4H series P.. 1989 J Chic Mllw St P Ac Pac mtge 5a 1975 F Conv adj 5s.. Jan 1 2000 A 1,339",000 7634 9734 78 8134 80 1950 J Registered 32,uu0 89 ..... 80 1949 J Chic Mil Ac St P gen g 4a.. Gen g 3 Ha series B Gen 4 Ha series C Sale 90 72 int... ............... " 80 J 1949 A O Chic Indiana At Sou 56-yr 4s Chic L S At East 1st 4Ha.. 90 9834 9934 101 9334 9334 9234 Sale 8734 J con g 4s 1989 gold 4s 1989 Warm Springs Valley lat g 5s .1941 M Chesapeake Corp conv 5s .May 15 1947 con Illinois Division 4a Jan. 8 1993 A Chic Burl At O 111 Dlv 3 Ha 2 6 95 ...1939 M N May 28 73 10134 9734 5834 65 3034 4534 9734 Sale 1 3834 Sale 3434 4634 Jan. 2o34 Jan. 2534 Jan. Nov. 16 May 15 10034 Nov. 24 104 Nov. 18 10934 Jan. 30 80 Oct. 80 5 92 Apr. 21 93 34 July 95 76 w 32 35 ..... R At A Dlv 1st 105",000 Dec. Jan. Stpd non-payt Fed lnc tax. .1987 M N Stpd gen 4Ha non-pay lnc tax.1987 M N r9{000 Dec. 80 67 Registered 15-year secured Dec. 94 1959 Craig Valley 1st g 5a 17,000 13,000 Dec. Dec. Dec. Jan. Registered 34.000 Dec. Jan. General gold 4 Ha 3,000 Jan. 80 1987 No West gen Mar. 90 5 6 1949 « Dec. 4 Jan. 1954 Chic 103 Dec. May 85 Ches Ac Ohio lat cons g 5a 82,606 36,000 52,000 63,000 164,000 7 9 14 May 21 10234 7 108 H Feb. June 12 102 102 May 16 May 23 102 108 May 13 10834 May 15 9 10734 May 104 May 13 10134 Aug. 15 7 11334 June June 8 121 98 45 .... 147,000 96 85 Oct. Jan. Jan. Guar 5a ~2l",000 Dec. Dec. 7234 Jan. 7334 Jan. 7234 Jan. 59 98 Ref Ac Imp 4Hs ser A Ref Ac imp 4Ha ser B 55 58 88 83 33 38 General 4a... 157,000 1958 lat At ref 4Hs series B......... 1977 100,000 1st At ref 5s series A..... 133,000 1971 4,000 Chic At E 111 1st cons g 6a 1934 263,000 Chic At E 111 Ry (new co) gen 5a..1951 Chic Ac Erie 1st gold 5s 3,000 1983 408,000 Chic Gt Western lat 50-yr 4s 1959 10,000 Chic Indianap Ac Loulsv ref g 6a.1947 Refunding gold 5s 1947 Refunding 4s series C. ..1947 1st At general 5s series A 6,000 1966 1st At gen 6s aeries B 4,000 May 1966 5",000 1.000 6934 Jan. 5534 Jan. 50 65,000 Chic At Alt RR ref g 3s 49,000 Certif deposit atpd Oct 1939 10,000 Chic At Alt Ry lat Hen g 3Hs 95,000 1,000 84,000 52,000 68,000 1,863,000 7,254,000 29,000 7 4 35 Potta Creek Br 1st 4a " 36,000 43,000 20 29 ...... 71,000f Feb. 90 1959 A Registered 35,000 92,000 103 83 Registered Through St L lat gu g 4a 1,000 101,000 35,000 30,000 21 Dec. Sale 1945 MN 2d 51,000 Feb. 60 90 Cent Pac 1st ref gu g 4a 76,000 364,000 "9",066 235,000 264,000 2,405,000 S3,000 Nov. 12 80 Registered 54",000 62 Jan. 81* 94 Cent N E lat guar 4a 1961 Cen RR Ac Bkg of Ga col tr g 5a..1937 M N Central of N J gen g 5s J ...1987 J 1,000 21,000 15 75 87 80 12 7434 Jan. 4 6934 Jan. 6534 Jan. 5134 Jan. 85 Ref Ac gen 5Ha series B Ref Ac gen 5s series C 205",000 Mar. 20 July 98 103 96 Charles Ac Savannah lat g 7a....1936 33,000 15,000 8534 Oct. D D Consol gold 5a 97",000 9,000 67,666 20 Sale 65 Registered 128", 660 130,000 27,000 113,000 4,000 213,000 4,000 667,000 7,000 88 8834 Jan. 5934 9934 84, 6634 65 8534 Jan. '29 5 6734 Jan. 1834 General 4a.. 33,000 101 39 Chat Div pur money g 4s..... 1951 Mac Ac Nor Dlv 1st g 5a 1946 Middle Ga At Atl Dlr pur m 5a..1947 Mobile Dlv 1st g 5a 1946 37.666 7 Feb. 27 Aug. 22 71 9734 Jan. D 1981 D 1948 Nor. 1945 F A Cent Br Un Pac 1st g 4a 32,000 86,000 469,000 2,000 27 25 1534 J Caro Clinch & Ohio lat 5s 1938 lat Ac con g 6s aerlea A.Dec 15 1952 16,000 10,000 56,000 Sale Prices. Feb. Jan. 91 8 g 4a..........1949 J Cent of Ga Ry lat g 5a 24", 666 1 25 97 87 61 gold 4>fa_..-.1946 M S i960 87 Sale 60 IP IP 10034 5834 70 96 34 9634 8334 Sale 9634 76 77 34 7534 76 S7634 Sale Sale 7434 Sale Sale 8134 Sale Sale 81 Sale 8134 95 8034 Sale 7734 7834 7534 Sale 80 1940 J trust 59 93 f 7a a Sale Prices. Sale Prices. 71 Jan. Carthage Ac Adlr 1st gu g 4a lb",656 169",600 Sale 70 f guar 6 Ha a 19-year gold 4Ha Feb. 15 1935 F Canadian Pac 4% deb stock..... J CaroCent 1st 12,000 20,000 70 Sale 74 Carb 8c Shaw 1st g 4a 15,000 Sale 70 8034 81 % 1970 F 4tf s Guar g 4Mb Collateral 69 34 81 Guaranteed g 5s Sale Prices. 91 55 1968 J Oct 1969 A Guar gold 9634 1931. Highest, 8534 Feb. 20 .... .... 86 July 1969 J Guaranteed gold 5a Guaranteed g 5s 62,000 240,000 383,000 462,000 267,000 22,000 471,000 135,000 55,000 206,000 155,000 O Canada Sou Gold Highest. 70 9634 75 72 54 1957 M N Burl Ced Rap Ac Nor Ac Col ta lat 5a '34 A 45,666 Ask. 70 .... YEAR Lowest. J Boston Ac N Y Air Line lat gu 4a.1955 F A Brunsw Ac Western lat gu g 4a... 1938 J J Buff Roch 8c Pitts gen 5s... ...1937 M S 91,000 Ask. Bid. —. O D Boston Ac Maine 1st 5s A C_. 1967 M S 1st mortgage 5s series 3.......1955 M N JJ RANGE FOR Lowest Jan. 30. 2. J ...1936 Beech Creek Exten 1st g 3Hs.„ .1951 BelTtdero Del cona gtd 1943 Big Sandy Ry lat guar 4a ...1944 1st g 4%a aerlea 19 EXCHANGE-BONDS Jan. 18 75 Jan. 26 85 7n Jan. J an, Apr. May 10534 10634 10634 11634 9234 10534 Feb. Feb. June 18 11 8 May 26 Aug. 17 Jan. 22 Aug. 3 Apr. 1 105 Aug. 19 100 Apr. 8 9934 June 13 98 34 Apr. 22 Mar 96 6 N. Y. STOCK EXCHANGE-BONDS SALES IN Jan. 1932. Dec. 1931 N. Y. STOCK EXCHANGE. Jan. 21,000 451,000 .26",006 "¥,666 "¥,666 24,000 12,000 303,000 5,000 8,000 2,000 1,000 159,000^ 5,000 8,000 2,000 Gin Union Term 1st 4%i 3,000 "95% _ G G G Ac St L gen A 4a General 5a aerlea B D 1993 D J 1941 1963 ...1977 1939 ..1991 J Cairo Di? lat gold 4a Gin W Ac M Dl? lat A 4a 14,000 99 64 J 63 % 85 Jan. 15 87% Jan. 29 Jan. 28 98 Jan. 21 68 J 70 J Jan. 26 Jan. 13 1940 1940 J 19 95 99 95 Jan. 11 Jan. 68 Sale 68 Jan. 30 Jan. Sale 62 Jan. 4 Jan. 22 85 Apr. 24 Mar. 27 Feb. 17 Sept. 11 105 Apr. 10 Dec. Dec. Dec. 50 14 Jan. 7 15 101% Jan. 21 15 99% May 15 87 % 76% Jan. 14 76% Jan. 14 75% Dec. 75 65 Jan. 14 Jan. 7 16 Dec. 65 Jan. Jan. 65 70 7 16 70 68 71 Dec. 2 75 Dec. 3 95% Apr. 7 71 71 65 ..... 60 90 Cle? Col C Ac Ind gen con 6a 1934 J J Cle? Lor Ac Wheel con lat g 5a...1933 A O J Cle? Ac Mahon Valley g 5a 1938 J 100 94 102 94 Jan. 4 94 Jan. 4 97 97 Jan. 9 97 'Jan. 9 97 93 97 78 80 94 May 7 93% May 8 95% Feb. 10 97% July 18 Dec. 15 105% July 24 98 Nov. 10 102% July 31 101 Jan. 15 cl05 Sept. 2 99% Oct. 20 102% Aug. 11 94 84 75 97 97 16 105 76 96 1942 1948 Seriea D 3Hi .......—1950 General 4%s aerlea A 1977 Cle? Short Line lat gu 4Ha....—1961 Nov. 17 110 70 97 102 65% 87 % J Seriea A gu 4%» Serlea C gu 3Ha Highest. Dec. 18 67 61 M S ..... 1931. Sale Prices. 11 106 May 6 Nov. 20 95% Dec. 31 98 87 98% Apr. 24 75 95 ..... Sale 100% YEAR Sale Prices. 75 ..... J Cle? Ac Marietta lat gu 4Hi 1935 MN Cle? Ac Pitta gen gu 4H* aer B..1942 A O Serlea B gu 3Hi 1942 A O 1,000 Highest. Sale Prices. 96 88 97 78 70 St Loula Dl? lat coll truat A 4a.l990 MN Spring At Col Dl? lat A 4a Lowest. Ask, J 1993 Ref 8c Imp 6a aerlea G Ref Ac imp 5a aerlea D Ref Be Impt 4 %a aerlea E Lowest. Sale Prices Jan. 30. 85 % 2020 1st mtge 5s ser U w i . 2020 Clearfield Be Mahon 1st gtd A 5«__1943 W W Val Dl? lat A 4a 1,000 1,000 2. Ask. Bid Bid. 65,000 303,000 RANOE FOR PRICES IN JANUARY. BONDS 78 % J 80 75 77 % F A 75 77U F A A O Last sale 87 Mar.*29 84 MN J 80 % Dec. 78 84% 82% Jan. Jan. 27 4 103% Jan. 8 93 Jan. 18 14 84 20 92% Jan. May 7 100 % Sept. 18 104% Feb. 18 Feb. 101 82% 2 2 105 « 58,000 32,000 54,000 114,000 103,000 15,000 5,000 171,666 77,000 135,000 150,000 3,000 Cle? Union Term'la lat a f 5 Hi A.1972 A lat a f g 5a aerlea B guar lat 8 f guar 4Ha aer C Coal Ri? Ry lat gu 4s Colo Ac Southern Ref Ac ext ...1973 A 1977 A O 1945 J D 4 Ha.-1935 M N 10,000 86 % Sale 63 1948 A O 76 Sale 80 .1955 60 4156 60 56 50 % 50 % 128",000 190",000 49,000 644,000 256,000 11,000 491,000 118,000 7Hs series A. D D 20 % Sale 33 35 35 45 1936 J 15,000 1942 J 1952 J 1936 J D ex 10-year conrertlble 5s J N Y....1943 M N ....... _ _ Ref Ac Imp mtge 5s aer B Detroit ~3",666 36", 000 1941 I Dul 8c Iron Range lat 1937 70 Sale 40 V* Dul So Shore Ac Atlantic g 5a....1937 J 1948 A O 1,000 1,000 East Tenn Va Ac Ga 1941 ..1965 A El Paso At S W lat Ac ref 5a 148*666 2"i¥,66O 500", 000 4~I"O",O66 3,000 1.000 61,000 110,000 Penn coll truat A 4a....... 51,000 74,000 60 yr con? g 4a Ser Gen 960",000 1,016,000 6,000 1,000 1,000 1,232,000 4,000 1,000 con? 12,000 1.000 38 43 36 Jan. 11 38 28 76% Jan. 82% Jan. 89% Jan. 5 Jan. Jan. 29 82% Jan. 28 37 % Dec. 74 % Dec. 11 90 Jan. 18 83 % Dec. 23 93 Jan. 12 84% Dec. Oct. 69 Jan. 21 46 Dec. 99 101 Jan. 56 20 8 Apr. 5 2 3 Dec. to Jan. Jan. 14 14 59 38 36 45 2 Jan. 25% Jan. 68 Sale 40% 49% Jan. 14 Jan. 85 35 Sale - 10 89 Jan. 13 96% Jan. 29 97 Jan. 19 35 93 65 — 30 98 40 67 Jan. 85 98% 70 86 % 84% §83 84% Jan. 12 9 84% Jan, 86% Jan. 83 83% Sale Jan. 38 Nov. 24 108 41 73% Jan. 15 53 4 39 18 29 Jan. 4 Jan. Jan. Jan. Jan. Jan. 22 48% Jan. 99% Jan. 57% 48% 99% 51% 48% "99% 161"' 38 14 26 Dec. 15 13 26 Dec. 15 92% Jan. 77% Jan. 83 Jan. 29 80 Dec. 14 112% Aug. 24 30 75 Dec. 12 114% May 15 93% May 26 95% July 23 4 35 Jan. 4 49 85 90 90 Jan. 15 75% Jan. 12 83 Jan. 15 J 30 18 29 85 42% 60 D 37 65 —... 5% Jan. 5 44% Jan. 6 Jan Jan. Jan. 5 5% 4 12% 12 5 D * 7 42% 44% 7% 6% Jan. Jan. Jan. Jan. 12 Jan. 4 45 15 8 11 1933 A Oct. 1945 J P Jan 6 . Jan. 5 98% July 31 95% July 23 80 6 Mar. 16 Jan. 14 Jan. 8 Dec. 31 28% Jan. Dec. 21 7 96 6 Aug. 26 95 90% Nov. 4 7 75 Jan. 95% July 13 100 12% Nov. 6 57% Feb. 26 94 85 .1933 A O 2t 31 Sept. Aug. 7 78% Jan. July Dec* 2% Dec. 7 9 23 Dec. 97 16 Aug. 107% Apr. 105% May 100 95 95 16 Nov. Jan. 93 3 96 8 18 42% Dec. 6 14 J J Dec. 67% Aug. 12 68 44 "B"" Sale' 23 Jan. Jan. Jan, 39% Sale 77% Sale 89% Mar. 14 87% Mar. 21 Dec. 49% Jan. Jan. 35 85 23 Jan. 29 Sale Sale 85 2 27 14 42% 42% 37 19 23 12 14 6 90 Ft Worth At Apr. 28 11 79% 57% Nov. 9 57% 98% Jan. 27 101% Dec. 18 30 78% Sale Sale 42 3 4 44% 44% Sale 16 Jan. Jan. 65 J 35 15 104% May 1 104% Nov. 16 104% Aug. 21 60% Feb. 25 97% July Dec. 64 47 61 MN 5a 30% Sept. 24 8 Apr. 7 8 107% June 25 88% Dec. 1 98 Sept. 18 106% June Sale J 4%a...1952 1941 Denver City 5Ha —1961 25 9 87 55% J J May 19 18 Sale 68 ...1974 M S 6 Feb. Feb. 85% Jan. Apr. 28 86% Oct. 104% June 85 Dec. 36% May 96% Feb. 67 Certificates of deposit cons 83 20 93 99% 100 Fonda John At G1 gen ref 1st 15 ..... 96% "B6"" Sale" gold 5a ..1943 J 1959 J lat Ac ref 5a set A Ga At Ala 106% May 25 100 Apr. 30 Dec. Dec. Oct. 8 62% 33 53 1957 J Freas Elk At Mo V lat 6a 3,000 49 H Feb. 10 47 70% Mar. 4 80% Mar. 12 72 July 24 99% May 25 June 30 106 Oct. Dec. B.1940 J 1940 J Gal? Houa At Hend lat 5s 5,000 98% 67% Sale Fort St U D Co lat g 4%a "8" 000 *Dec. 35 38 Genesee Ri? RR lat a f 6s Fla East Coast lat 4%a 15 29 35% 1927 Erie Ac Jersey 1st a f 6s Fla Cent Ac Pen consol Dec. 14 14 1967 If N 1975 A O 1955 J J 4a Seriea D Serlea C 3H*-- 2,000 42,000 554,000 72,000 19,000 Dec. Jan. 44 1953 1953 Ser Ref Ac lmpt gold 5a aer Ref Ac imp 5s of 1930 44 Jan. Sale O 1951 1953 ... Erie Ac Plttsb gen gu g 3Ha aer 3,000 12,000 69,000 104 90 1996 23", 000 787",000 Jan. 45 — do 50 30 92 1996 Registered A 54 80% July con Ac prior lien 4a Registered.. lat consol gen Hen 4a. Erie 1st Do M N 74% Mar. 27 84% Sept. 4 72% Aug. 26 75 July 1 Jan. 45 89 J 1st g 5s 1956 MN cona Elgin Jol Ac East 1st g 5a 96% June 20 Oct. 50 Jan. Jan. 5 36 25 30 14 97% Jan. 7 96% May 12 90 J O 3 Dec. 31 9 IS 35 Sale D A 16 109% May 93% Jan. Jan. 63 J M N East Ry M No Dl? lat g 4a 24,000 25,000 49% Oct. 30 Sale 36 % Dul Missabe Ac Nor gen 5a 6,000 74 14 25 95 28 1995 I 5s 31 Jan. A 1947 M~8 Ac Mack lat lien g 4s.....1995 J D 4%t_1961 Jan. to 19% Jan. 36% Jan. 35% Jan. 90 — Detroit River Tunnel 1st gu 50 20 90 .ml— —_1935 I Gold 4s 2,000 91 2 66 % 100 Dea Plainea Val lat guar 4%« 13,000 Jan. - 58 F 1978 Certificates of deposit 92 70 50 59 60 91 M N Ac R Gr West gen 5s Aug 1955 Des Moines Ac Ft D lat gu g 4a_ 15 23 75 107 98 88 1937 Del Ri? RR Ac Bdge lat gu g 4a..l936 Den Ac Rio Gr 1st cona g 4a 1936 Consol gold 4H» 1936 84% Jan. 88% Jan. 6 23 17 111% Apr. 25 Dec. 21 104% May 22 4 Apr. 96% Mar. 6 Dec. 17 102% May 25 80 .J. 19% 36% 37%. 34 77% Sale 81 1935 A O 15-year 5%s 62 91 % Dec. 90 Dec. 4 Jan. 88% Jan. 84% Jan. Sale 35 1st lien Ac ref 6s series B 81 19 60 41% 45% Cuba RR lat 50-yr g 5a Del Ac Hud 1st 4s tax 81 Jan. x 45 % 95,000 26,000 13,000 124,000 4,000 40,000 92 67 67 1956 Cuba Northern Rya lat 5Ha.. 95% Jan. 90% Sale 65 71 JAcJ 1955 191,000 25",000 80 AAcO 1955 Non-con? debenture 4a Den? 92 97 Sale 50 % 50 % Non-con? debenture 48 lat Ac refund 96 85 1980 M N Non-con? deb 4a 83,000 58,000 3,000 8,000 294,000 7,000 89 85 General mtge 4Hs series A Consolidated Ry non-con? deb 4a 1954 "3",000 80% 97 % 93% Col Ac Hock Valley lat ext g 4a Col Ac Tol lat ext 4a....... Conn Ac Paaaum Rlra lat g 4a....1943 4,000 1,000 95 % 92 H 18 12% 44 17% 19 20 50 27% Jan. 26 Jan. 18 26 98% 18 Ga Caro At Nor 1st 5a 1929 Extended at 6% to ) 1934 Georgia Midland 1st 3a.......—1946 A 5s.—1942 J Gr R At I ex lat gu g 4Hs 1941 J Grand Trunk of Can a f 7a 1940 A 15-yer deb g a f 6s guar.......1936 M Graya Point Term lat gu g 5a ...1947 J 61 355,000 266,000 89 S 92% 87% D 20 975,000 9,000 34,000 147,000 68,000 203,000 37",000 lat At refund 4%s Ser A 72,000 Reg late red. 21,000 41,000 132,000 ~"i",666 22,000 13",000 "8",000 46,000 7,000 5,000 95 94% Sale 90% Sale 89% 90 92% Jan. 87% Jan. 95% Jan. 91% Jan. 27 4 94 Sale 93% Sale 92 98% Jan. Jan. 89 79 83% Sale 80 69 67 84 81 73 Jan. Jan. 14 J — ............. Gen 4%a series E-Green Bay At West deb 94% Sale 83 Gen mtge 5Ha Ser B—...—-1952 J Gen mtge 5a Ser G...........1973 J Gen 4Ha Series D............1976 J Gt Nor—Gen 7s Series A ......1961 J ...—1977 ctfs A 76% 68% 68% 66% J Feb Feb 20 71 Sale 69 66% 65 28 4 74% 71% Jan. 8 69 66 4 Sale 64 Jan. Jan. 20 4 Jan. Jan. 85 85 78 Jan. 73% Jan. 73% Jan. 11 14 15! 12j 13 65 7,000 260,000 5 30 Jan. 6 50 39 45 50 94 12% 30 J J 80 95 81% 85% 80 Jan. 9 J J 80 91 79 Jan. 13 . "¥,666 5,000 75% 90 87% 94% Jan. 22 5 86 Jan. 15 4 60 Jan. 14 7 s88 Jan. 29 lat gu g 5a 245,606 355",000 356,000 572,000 9,000 6,000 10,000 redeem............1933 Hudson Ac Manhat lat At ref 5s Adjust Income 5a.... 90% 75% 100 J J J J 90 M N 100 M N 91 98 A. 1957 F A 82% Sale 1957 A O 57 Sale 1951 1951 J J 80 70 Feb Illinois Central 1st g 4a. 53 Jan. Jan. 85 85% 90 80 Jan. 80 50 A O M A O 47 MN 43 J 31% 64 45% Sale IP 92 Jan. 15 Jan. 2 21 Jan. 12 104% Mar. 18 79% Dec. 17 106% Jan. 21 100% Apr. 28 100% Apr. 28 93 Nov. 30 101% May 15 75 Dec. 17 102 Aug. 13 100 May 19 Sept. 21 103 100 Nov. 17 102 July 27 98 Nov. 28 102 July 14 Dec. 15 102% Mar. 18 70 Dec. 15 49 79% July 7 83 Dec. 18 70 Dec. 29 96 May 12 85% June 19 86% Jan. 19 S Collateral trust gold 30,666 ¥o",66o 30", 000 Refunding 5a.1955 MN J 15-year secured 6 Ha......——1936 J 22 O 6,000 87,000 725,000 571,000 94% Jan. 80 J A ....1951 1951 4e......'.1952 1st refunding 4a ...1955 Purchased lines 1st 3%a 1952 Coll tr g 4a L N O At T 1953 152,000 20 98 80 Extended lat g 3Ha 1st gold >a sterling 86,000 89,000 98 94 82% Sale 58% Sale J lat gold 3 Ha Registered................. "i6~,66O 75 86% Jan. "80% "Jan¥i5 8 Apr. 95% Apr. . 5 21* Dec. 45 75 5 May Jan. 7 99% Jan. Apr. 17 Dec. s65 38 50 Jan. 100 Dec. 39 16 21 '70% "95% 24 111 cl08 Dec. 9 Jan. Jan. J MN Dec. Dec. Dec. Apr. Jan. O 1999 1999 68% 56% 56% 67% 5 A 5a. ......-1937 Houat Ac Tex C lat g 5a lnt gu 1937 Houa Belt Ac Ter 1st 5a 1937 Houat E A W Tex lat 5a 1933 66 50 J 4%a Apr. 22 May 9 9 46 Housatonic RR con g Feb. Dec. 18 49 95% 112 110 102 75 Jan. 34% Hock Val lat con g July 3 Dec. Dec. 83 Jan. O Registered "¥,666 83% Dec. 16 108% 5 5 MN A — 1940 1950 lac mtge gold 5s aeries C 1950 Gulf Ac Ship Island ref 5a...Feb 1952 Feb. Jan. 43 4% Greenbrier Ry lat gu g 4a Gulf Mob Ac Nor 1st 5%a.— Debenture ctfs B 95 97% Oct. 1936 J 868.000 28 100 Gouv Ac Oawegatchle lat 304,000 154,000 Oct. 73 61 ..... 3 73 Jan. 17 17 Mar. 21 Aug. 18 105 99% Jan. 29 101% May 13 85 Dec. 15 113% Aug. 22 30 cCash sale, MN ....—1966 F 40-year 4Ha Cairo Bridge gold 4s........ s Deferred delivery. J 1950 J 30 41 40 59 Sale 65 A 37% 55 Sale' 54 45 54 48 52% - 52 Jan, 21 67 49 £ 51 77 D 86% Jan. 10 85% May 19 42 Jan. 4 56 Jan.. 15 Jan. 15 58 33 Dec. 70 Nov. 15 50 Dec. 15 7 106 18 110 14 24 Dec. 79 Sept. 25 52 Jan. 34 Jan. Mar. 10 Mar. 6 883 903 18 4 Sale 16 93 27 51 7 —- 20 Jan. Jan. 6 54 11 7 Feb. 96 52% Jan. 2 Jan. 59% Jan. 43 Dec. Jan. 87 82% Jan. 45% Jan. 46 Sale 35 80 • — Sale 34% Dec. 17 Mar. 6 Jan. 28 16 14 100 Jan. 21 93 Jan. 15 Jan. 8 • BONDS R. Dec. 1931. V\;y: RANGE FOR PRICES IN JANUARY. SALES IN Jan. 1932. 21 EXCHANGE-BONDS N. Y. STOCK Y. Jan. STOCK EXCHANGE. Bid. Ask Bid. $ Jan. 30. 2. Ask. Lowest. Sale Prices. Sale Prices. Sale Prices. Illinois Central (Concluded) 16",660 " - "3",660 Registered 56 74% 47 49% 79% 78 75 79 57 40 75 60 Ind 111 A la 1st gold 4s 1950 1,000 Indianapolis A LouIst 1st flu 48.1956 Ind Union flen A ref 5s A.......1965 Gen A ref fluar 5s ser B ...1965 J J 54 Jan. 52 Jan. 75 85 78 84% 45 91 % Sept. 11 35 Nov. 25 69 34 95 85 46% Sale 50% 54% 17 20 40 2% ::::: <>l* J Sale 54 37% 45 38% Sale 22% 37 3% 5% 26/* It, 2% 3% O J 4 O A 45% 40 40 50 28 Sale 21 O A Sale 37 36% 30% 36% Sale 14 14 14 Dec. 16 12 Dec. 10 Jan. Jan. Jan. Jan. 35 50 29 Jan. Jan. Jan. Jan. 48% Jan. 14 35 Dec. 17 Dec. 17 60 43% Jan. 15 Jan. 30 32 36% 31% 38% 21% Jan. 9 50% Jan. 12 Jan. Jan. 28 12 3% Jan. 11 64 26 5 Jan. 3% Jan. 3 1936 1950 ...AprH1950 Kan City Term 1st 4s.... 1960 Kentucky Central fl 4s 1987 Kentucky A Ind Term 4%a 1961 65 Aug. 26 93 June 94 Feb. 92 30 84 6 5 64 J 69% 71% 70 73 74% 81 J D 65 75 65 71% Jan. 87% Jan. A 80/' 95 80 Leh V (N Y) J 60 80 61 91 79 M N 47 54 J J ..1940 2003 1st flu fl 4%a Leh Val (Pa) flen con fl 4s Gen cons Gen con J M N "50" ........2003 M N 61% 2003 sol 5s Leh V Ter Ry 1st flu fl 57% Sale Jan. 4 75 Jan. 11 71% Jan. 7 75 Jan. 29 87% Jan. 13 90 Jan. 14 Jan. 23 Jan. 63% Jan. 23 65 5s.......1941 1945 M S 1965 A O 1962 MN 1935 A O Lonfl Dock cons flold 6s ........1938 64 75 80% 100 32,000 12,000 64,000 47,000 315,000 1932 351,000 15,000 25,000 111,000 41,000 " 1949 M 1934 J Guar ref flold 4s. 1,000 250,000 62% 5,000 5,000 16,000 44,000 70% 1st ext 4s 1934 J 1941 J 84,000 61,000 44,000 5 19 22 22 29 80 Jan. 22 6 75% Jan. 99% Jan. 43 Jan. 73 Jan. 22 4 85 5 Jan. Jan. 14 Jan. 75 90 78 75 99 85 Jan. Jan. 12 38% Jan. 11 4 73 Jan. 6 14 6 8 50 77 Dec. 82% Jan. 97 Sept. 73 70 80 Jan. 16 74% Jan. 71 Jan. 18 70% Jan. 4 30 2 5 4 Jan. 26 48 Jan. 27: 75% 74% Jan. 18 75% Jan. 64 60 68 73% 52 Jan. Jan. 29 4 52 28 J 50 59 66% 60 70 100 69% Dec. 94% Dec. 93 July Feb. 63 87% 82% 4 80% 101% * 69% 60 Jan. Jan. 29 51 59 96 94 Sept. June Sept. Feb. Jan. 30 102% Jan. 7Cl01%Nov. 103% cl02 97 Dec. 28 106% Dec. 30 106 Dec. 12 13 ext D J 15 16 9 Oct. 22 Feb. 11 76 90% Apr. 22 7% 7% 1962 Q Certificates of deposit 4 8 M St P A S S M 4s stpd 1st cons 5s 1st A ref 6s series A I 1949 J 11 8 2 8 ..... 8 ^ an 29 "21"" Dec. 2% Jan. 2 Dec. Jan. 8 8 * 8 14 Jan. Jan. 38 32 43% Jan. 8 29 J Jan. 20 45 Jan. 55 72 8-5 76 33 Jan. Jan. Jan. 42 Jan. Jan. 75 26 80 Jan. 6 62 77 Jan. 67% Jan. 68 Jan, 60 Jan. 22 29 26 14 63% Jan'. 41% Jan. 60 Jan. 60 Jan. 46% Jan. 60 Jan. 60 Jan. 13 14 13 18 Dec. 4 Dec. 30 Dec. 76 52 68 62% 67% 52 68 56 Sale 76 44 Sale 75% 65% 77 Sale 9 80 Pr lien mtfle 4%a ......1962 ser D ...1978 Cum adjust 5s series A Jan 65 66% Jan. 4 52% Jan. 4 55% Jan. 39% Jan. 4 1967 42 1965 F 51% Sale 58 60 34 Sale 37 55 Sale Sale m 54% 40% Sale Sale 30 Jan. 55 Sale Sale 46 46 Jan. Jan. 47% 55% Sale 5 30 Mar. 24 9 Jan. 21 8 Apr. 13 8 Dec. 5 97 Dec. 29 33% Dec. 24 20 Jan. 20 Sale 403% 75% Mar. 26 Nov. 27 30 21 21 55 80 45 5 28 20 72 Jan. Jan. 29 20 45 29 ....1962 40-year Is series B... 5 27 Feb. 18 Dec. 31 45 20% Dec. 24 68% Dec. 15 Missour-Kansaa-Tsxas RR— Prior lien 5s series A 13 Feb. Apr. 35 35 12 18 29 22 - Apr. Dec. 0 87% May 27 Sept. 1 89% Feb. 7 84% Feb. 27 94% Jan. 19 89 Jan. 23 Jan. 27 67 99% Jan. 21 14 51% Jan. 22% Jan. 26 s50 Jan. 12 32% Jah. 41 34 39% 9 12 7 1% Jan. 99% May 25 May 20 79 Aug. 6 cl08 97% Feb. 11 90 Sept. 3 100 95 78 Nov. 5 90 Last sale 7 14 91 Feb. 6 104% Sept. 14 7% Dec. 29 A.1959 Mo Kau A Tex 1st fl 4s Jan. 37 1990 ser 75 7% 1% 50 f 4s........1941 MN Mississippi Cent 1st 5s 11 13% 1949 .....1978 Cent Term Missouri-Illinois RR 1st 5s Jan. 20 1946 35-year fl 5%s s 42% 33% 45" 1938 75 51% 39 1938 72 1% " 8% ...1938 5s fltd as to int 7 90% Oct. 2% , 15 F Q Jan. 76% 69% 68 2 Dec. 28 70 90 98 M N 77 ,Jaii. 9 9 28 94 90 1949 M 77 703% 75 1934 J 1934 J 4%b (1880) 1st ref 5%a series B 77 95 29 97% July 2 102% Aug. 28 77% Jan. 9 72% Apr. Dec. 1 Apr. Dec. 31 100 Last Sale 75 July 10 70% June 16 Dec. 97% May 50 18 10 9 24 7 20 4 93 6 Nov. 24 101% May 4 95 Mar. Nov. 87 % June 22 70 20 27 Mar. 11 82% Dec. 31 98 97% Sept. 29 100% Sept. 20 4 95% May 20 88% Dec. Mar. 24 89 Dec. 17 102 June 9 75 Dec. 22 103 97 June 23 71 Dec. 31 98% Dec. 17 101% June 27 75 Mar. 20 35 Dec. 17 97% Mar. 7 0 85 Nov. 15 80% J Temp ctfs of deposit 162,000 2 17 90% Feb. 13 86 Jan. 7 64 May 29 46% Dec. 30 101 48% Dec. 16:106% Ma.. 5 85 Dec. 4jl05 July 20 May 14 84 Apr. 30l 96 June 10 102% Sept. 10:111 91% Mar. 271 93% May 12 8 108 May 12 99 Dec. Jan. 12 Jan. 80 40 80 1940 A ... 1st A refund flold 4s Ref A ext 5s series A cons 21 20 10 9 23 9 Dec. 16 Nov. 16 40 90 80% Jan. 81 Jan. 73% Jan. 71% Jan. 65% Jan. 93 75% 62% - Mil Spar A N W 1st flu 4s 1947 M Milw A State Line 1st fluar 3%a..l941 J Minn A St L 1st cons flold 5s ...1934 M N 72,000 70,000 94,000 344,000 "79% 1951 M S 1952 M N 1979 J J 3Hs.... 1st flold 3%a Ref A Imp 4%s series C 1st Jan. Mar. Mar. Mar. June May Nov. 27,107,% May Nov. 9,101% Jan. 94 1977 1st Chic Term 3,000 13,000 169,000 — Sale 65% Sale 80% J 1959 M N : MStPASSMA 12,000 ----- 813% 90 "72" ..... Manila RR South Lines 1st 4s...1939 M N 17,000 58,000 123,000 Sale 69 1955 M N Cons ext 4%a (1884) 8,000 81 1941 1946 Jan. 75% Jan. 90% Jan. 82% Jan. 85 60 Mil A Nor 1st 66,000 54,000 21,000 7,000 6,000 75 81% Sale J ......2003 Midland of N J 1st ext 5s 30,000 21,000 51,000 9,000 85 1st A ref 4%a series C 5s interim recta Jack LAS flold 14,000 5,000 50,000 96,000 15,000 75 74 Mich Cent Mich Air Line 1st 4s..1940 J" 64,000 22,000 75 Sale Mex Internat 1st 4s asstd 4,000 99 Sale Manlto S W Colonis fl 5s Man G B A NW 1st flu 3Hs 75% Sale 74% 1934 J 87 93% Sale 97 79 1952 J 90 .... 41 ... South Ry Joint Monon 4s Atl Knox A Cln dlT fl 4s 5,000 78 101% Sale 1st A ref 5%a serlej A........2003 1st A ref 5s series B 2003 Mahon Coal RR 1st 5s 1,000 71 1937 M N Unified flold 4s............... 1940 J 13 90 98% 1945 US St Louis DIt 2d flold 3s.......1980 Mob A Mont fl 1st fl 4%a 1945 MS 9,000 6,000 75 69 99 Paducah A Mem DIt 4s 3,000 1,000 82 40% 71% 2",606 17,000 70 94% 82 J 8,000 4,000 75 J I.ouIst A NashT flold 5s.. 97% 90% 75% 8 4s 58 12 99% 84 95 56 8 D 1949 M Registered 26", 660 82% 97% N Sh Bch 1st cons flu 5s_ Oct. 1932 Q Louisiana A Ark 1st 5s series A..1969 J lou A Jeff Bridge flu fl 4 Jan. 66 1937 M N ..... . 87 98 D Unified flold 4s Deb flold 5s 20-year deb 5s 61 87 D Gold 4s "4",666' 48 99 O 4 Jan. 46% Jan. 68 57% 84 A 17,000 Long Island flen fl 4s 10,000 15,000 26,000 12,000 476,000 2,000 21 69% Dec. 30 103% Apr. 18 75 Dec. 2 100% Mar. 24 Dec. 87% Jan. 23 85 Jan. 23 Nov. 90 58 92 53% 63 Little Miami flen 4s series A "6",006 25 50 92 M N .... 4%a_. Lehigh A N Y 1st flu fl 4s... Lex A Bast 1st flu 5s 8,000 16 20 14 75 Leh Vail Harbor Term 1st 5s....1954 F 3,000 'Jan. Jan. 92 70% 70 27 17 18 May 22 88% Apr. 27 56 D Registered.... 9,000 3 84 77 83% 90 62% 83 70 56% Jan. 63% Sale 65 61% Jan. 67% 65 67% s61% Jan. 83% Jan. 83% Sale J 3>4s...l997 Refll8tered.................._1997 24,000 44,000 1,000 Jan. 7 15 12 7 19 Mar 17 83% Mar. 21 74 Feb. 2 16 Jan. 21 15 Jan. 9 6 Jan. 12 96% Feb. 18 90 92 1 166",660: 2% Dec. 21 7 1 Dec. 10 73 May 22 103 92% 83 Aug. 29 40% Dec. 15 99% 57 % Dec. 18 81% 48 Dec. 15 102% 98% 81 Dec. 15 82% Nov. 10 94% 1941 J 1937 2nd flold 5s 31", 005 Dec. 29 19 Dec. 17 3% Dec. 16 35 90 50 70% 58% 65 61% Sale 13 .......1961 Lake Shore A Mich Sou fl 38",066 Apr. Jan. Apr. Feb. 90 Feb. 65 Feb. 81 Feb. 80% Feb. 103 30 Lake B A W 1st flold 5c J 25% Dec. 19 94 88 J Kan City South 1st fl 3s Ref A Imp 5s 19 24 97% 88% 4 103% 93 % Nov. 102% Apr. 27 104% 95 J D Plain . 78% Mar.20 85% Mar. i 78 Jan. 21 78 Feb. 19 84% Feb. 19 85 Feb. 18 93 Mar. 17 90% July 24 Dec. 10 102% Feb. 96 Jan. Dec. 12 Dec. 11 91% Jan. 31 94 J K C Ft S A M ref fl 4s 1,000 14 14 75 1953 J Gt Nor 1st 6s 5 5 Jan. Jan. 40 39 46% Sale 26 44% J Stamped... 4,000 15 24 94 J Kal Aileflhan A G R 1st flu fl 5s..1938 J Kanawha A Mich 1st flu fl 4s 1990 A 40",066 Dec. 60 49 J James Franklin A Clearf 1st 4s..1959 J 25,000 2,000 92,000 2 43% J AdJ mtfle 6s series A..July 1 1952 545,000 1st mtfle flold 5s series B......1956 j""i 62,000 j 1st flold 5s series C 1956 j 9,000 MN 12,000 Int Rys of Cent Amer 1st 5s ....1972 1st col trust 6s.. .......1941 M N 20,000 First lien A ref *%a 24,000 1947 FA 25,000 Iowa Cent 1st flold 5s...... 1938 J D Certificates of deposit 3,000 1st A ref 4s 1951 M 8 54,000 12,000 Dec. Aug. 21 82% Sept. 21 79 63 J 130,000 77,000 86,000 52,000 19,000 2,000 17,000 3,000 28,000 105,000 231,000 16 75 305,666 70,000 81,000 101,000 238,000 Jan. 41 263",000 56",600 "57" 38% 4Hs series C. 1963 Ind Bloomlnflton A W 1st 4s....1940 Internet A 16 Jan. 57 90% July 1963 Joint 1st A ref 5s ser A 247,000 126,000 11,000 8 ......... (11 Cent at Chic St L A N O— 319,000 68,000 Oct. 49 74% 54 35% Sept. 16 Sept. 14 65 63 74% irA Sale Prices. 70 70 ... 75 26 LouIst DIt at Ter ft "i',666 49 31% 1951 1953 Omaha DIt 1st 1 3s ......1951 St Lou DIt at Term fl 3s ......1951 Gold 3%i 1951 Sprlnflf DIt 1st fl 3%x.. 1951 Western Lines 1st i 4s .....1951 Litchfield DIt 1st fl 3a YEAR 1931. Highest. Highest. Lowest. 51 Dec. 40 Dec. 43% Dec. 34 Dec. Jan. 65% Jan. 92 Jan. 15 14 27 Jan. 13 15 103% Mar. 21 92 Mar. 10 98 15 Feb. 10 95 3 18 Missouri Pacific RR Co— 146,000 1,540,000 1,327,000 332,000 2,920,000 367,000 1,405,000 1st A refund 5s series A 257,000 General 4s 1,862,000 1,351,000 504,000 1,288,000 675,000 1,681,000 ... ...1975 M 1st A ref 5s series F 1977 M 8 1st A ref fl 5s ser G 1978 MN Conyertible flold 5^8—-.---—1949 M N 1st ref flold 5s series H........1980 A O 1st A ref 5s A ser I Mo Pac 3d 7s ext at 4% 1981 F July 1938 MN Mobile A Birm prior Hen fl 5s ...1945 J Small J J .......1945 J J ..... Mortgage gold 4s ........ J Small c Cash sale, s Deferred delivery. 50% Sale 49 Sale 32% Sale 48% Sale 50% Sale 57 95 54 35 J Jan. $0% Jan. Jan. 45% Jan. 14 23 Dec. 15 42% Dec. 14 43% Dec. 15 Dec. 17 28 24 14 13 43% Dec. 15 43 Dec. 15 95% Apr. 30 95 Aug. 21 96 Apr. 28 80 69 79 Jan. 79 Nov. 10 Mar. 28 75 7 Jan. 100 43% Dec. 15 95 J 75 48 26 7 99% Jan. 9 24 8 95% Feb. 21 99 Feb. 28 99 Jan. 101 Jan. 99 Jan. 95 Aug.21 97 Jan. 92 Mar. 28 88 , 10 Mar. 30 22 N. Y. STOCK SALES IN Jan. 1932. EXCHANGE-BONDS BONDS N. Dec. 1931 T. STOCK EXCHANGE. Jan. 2. Bid. Mobil* Ac Ohio (en gold 4a 290,000 123,000 11,000 2i"666 . .... lat gu g 4a.... Mont Cent lat gu g 6a lit guar gold 5a "T,66o 68,000 .1938 M S Montgomery Dlv lit g 5a.... Refunding Ac Improv't 4Ha 119,000 Sec 5% notea 82,000 2,000 Mohawk Ac Mai ....... Constr M 4H* B aer w 1 Nashville Chat Ac St L lat 4a Nash Pla Ac Shsff lat gu g 5s 7,000 .1947 F .1977 M S .1938 M S .1991 M S .1937 J J Jan. 30. | Ask. Bid. 15 52 74 % A .1937 J .2000 J Morris Ac Essex 1st gu 3%s Constr M 5s aer Awl 50,000 7,000 8,000 1 PRICES IN JANUARY. 12 % 10 Sale 20% 24% 20 75 % 97 ----- Lowest. — — Highest. Sale Prices. Sale Prices. | Ask. 19% RANGE FOR Lowest. J 70 Sale 70 82 75 79% 56% 75 94% 60 8 27 75% Jan. Jan. Jan. 4 Jan. 8 8 28 28 75% Jan. 90 D 23% Jan. Jan. 15 97 .1955 MN .1955 MN 90 A A 69 Jan. 8 73% Jan. 19 74 72% Jan. 12 77% Jan. 22 86 Dec. Prices. May 15 9 Feb. Mar. 30 2 90% Jan. 10% Dec, 31 75 Dec. 2 93% Apr. 8 101 % Nov. 20 109% May 19 102 % Feb. 17 104 June 8 65 Dec. 17 86 Jan. 21 s95%Dec. 7 108% Jan. 20 84 Dec. 15 103 Jan. 26 73 1978 F 1937 F 55 94 Sale 83 9 102 18 69% May 15 95% Sept. 10% Jan. 1931. Highest. Sale Prices. 80 52 74% Sale 26% 75% 96% YEAR 54% Dec. 99 14 Oct. 95% Mar. 9 27 5 104% July National Ry of Mexico— 10,000 Prior lien 50-year a f 4 Ha 1957 Aaaent cash warr recta No 3 on Guar 4a Apr 1914 coupon 1977 A O Assent warr receipt No 5 on 135,000 "i",66o Nat RR Mex prior lien g 4H> ...1926 Aaaent cash warr rect Nov 4 on First cona gold 4a 1951 2,000 61,000 1,000 Assenting cash warr rect No 4 Naugatuck RR lat g 4a New England RR cona 5s... 201,000 199,000 219,000 833,000 758,000 240.000 2,000, 10,000 1,000 "1%::::: 1% Jan. 2% 2% Jan. 1 — 85 35 56% 4Ha series D. 33 31 31 37% 28% Jan. 41 38 33 30 39% Jan. 44% Jan. Sale 40 33 Sale 86 68 89 97% 94% 1935 M N 1998 F 3H> 34 35 A Sale 67% 68% Sale 76 Sale 72% 1997 68% 81 Sale Registered 6% gold notes A 100 72% Sale 67% Sale 67% 67% 73% Sale 62% 65% 65% 69% Jan. Jan. Jan. Jan. 54% Dec. 104 Jan. 39 21 55 Dec. cl00%Apr. 6 14 58 Dec. 109 7 Sale 70% Jan. 4 73% Jan. 11 69 Dec. 88) 85) 84% Jan. 4 92% Jan. 14 Jan. 6 81 Jan. 9 Sale 65% Jan. 27 70 Jan. 12 1st gtd 5a series B N Y Ac Erie 1st ext g 4a 3d ext gold 4Ha 1953 F N Y Ac Long Branch gen 4a '2" 000 "8",660 5,000 3,000 "s'ooo "8"666 1,000 44,000 159*666 Sale 6,000 166*656 1,000 57,000 31,000 ~50"666 430,000 33,000 35,000 6,000 414,000 11,000 19,000 4,000 4,000 14,000 11,000 80,000 6,000 3,000 81 81 Jan. 6 85 11 83% Dec. 91 91 Jan. 19 91 Jan. 19 93 81 75% 35 75% 77% 72 Jan. 6 72 Jan. 6 72 Sept. 99% Oct. 50% 50% 84% Dec. 16 51% 53 57 60 .... .... 60 ... 59 74% 64% 63% 56 68 Convertible debenture 3Ha...l956 J Convertible debenture 6s 1948 J J 51% 54 621 50) J 89 92 89 Registered Collateral trust 6a Debenture 4s J 1940 A O 83% 95 87 1957 M N 52 56 1st At ref 4Ha ser of 1927 Harlem R Ac Pr Ches 1st 4a 1967 J 70% 60% 72 85 55% Sale 70% Sale 1954 M N .... D N Y Ont Ac West 1st g 4a...June 1992 M S 40 Sale 40 General 4s. 1955 N Y Prov Ac Boston gen 4s 1942 N Y Ac Putnam lat con guar 4s ..1998 N Y Suaq Ac West lat ref g 5a 1937 43 78 77% 31% 1937 - Sale Jan. 28 56 Jan. 28 48 §1^ June Dec. 55 19 55 50 Dec. 8 65 Jan. Jan. 19 60 Jan. Jan. 13 47 Dec. 58 Jan. 6 64% Jan. 14 50 Dec. 51% Jan. 88% Jan. 5 55 19 48 Dec. 4 95 Jan. Jan. 75 Dec. 14 60 83% Jan. 90 Jan. 14 48 Jan. 57% Jan. 26 68 Jan. 77 Jan. 12 84 49% Sale 42% 44 50 90 31% 60 51 1940 30% 44 1943 MN J 1946 J 1950 A O 51 92 92 99 52 57 59% 96% Sale 13 13% 98 18% 20% 1941 MN 23 36 38% Jan. 51 Jan. 22 Jan. 46 Jan. 22 40 77% Jan. Jan. 41 6 18 77% Jan. Jan. 54 6 15 50 F A A Northern Pacific prior Hen 4s 83 "91% 85 1974 Ref'Ac Impt 5s Series D._. 80 71% 56 62% 78% 70 2047 66 1933 100% 1936 J D 1937 A 5s Deferred 19 92 Jan. 28 92 52 J an. 4 62 96% Jan. 11% Jan. 11 86% 90% Sale 79% Sale 74 97 75 76 — 87% 91% 100)- 39% Jan. 19 Jan. Jan. 28 2 100% Jan. 20% Jan. 12 11 29 45 O D 11 102 13 82 ..... 9 9 Mar. 18 Jan. 21 May 9 Jan. 27 June 37 31 96 Sept. 30 96 8 60% July 52 July Mar. 27 Feb. 26 77% Dec. 14 42% Dec. 2 21 1 Mar. 27 96% Mar. 80 Apr. 7 1 28 2 91 Jan. 25 85 28 6 6 92 May 22 102% June 10 100% May 22 97% Jan. 19 102 Sept. 4 100 14 104 Jan. 27 Sept. li Jan.; 1< 7 97 Dec. 18 97 Jan. 28 28 72 Jan. | 61% Jan. 15 Jan. Jan. Jan. Jan. 28 46% 50% 57% 70% Dec. 28 Dec. 18 95 6 Jan. Jan. Jan. 11 Jan. 27 5 68% 89% 77% 76% 14 29 16 45 Jan. 13 45 Jan. 13 90 Jan. 13 90 Jan. 13 ' -91" 89 85 Jan. 23 87 98 95 Jan. 11 99 94% Jan. 2 100 Jan. Jan. Jan. 72 4 Jan. J 94% 19ol J J 72 ...1946 J D 18 19% 16 1938 F A 81 90 81 87 87 Jan. 25 1938 J J 78 86 85 93 86 Jan. 16 78 22 8 16 13 19% 90 91 69% Jan.] Dec. 30 67 Dec. 24 101 Dec. 14 113% 70 Nov. 25 105% 62% Dec. 29 105% 100% Dec. 21 108 95% Oct. 21 103% 50 77 Jan.: Jan.! Mar. 27 Jan. 24 Jan. 21 Julyil8 Mar. 25 --*a Oct. 27 97 May 101% Feb. 12 97 sPMay 12 10 103%JJuly 28 89 Jan. 9 74 78% Oct. ..... 97% 74% Sale Jan. Apr. 25 12 18 81% 45 82% Jan. 74% Jan. 65% 78 75 70 50 96 13 Dec. 18 June 30 Oct. 26 Dec. 24 101 % Feb. 74% Jan. 51% Jan. 38 78 15 85 28j 105 Oct. Jan. It* 58 100% Dec. Nov. 28 Jan. 30 50 54% 67% 69% 83% Sale 73% 78 72% 76 10 100 84 69% Sale 61 Feb. 24 Dec. 18 May 29 98% Sept. 15 101 Dec. 18 87% Mar. 11 93 Dec. 15 108 May 15 30 41 100 87 77% Jan. 89 74 96 Mar. Jan. Dec. 9 81 1946 J 'delivery. Doc. 9 85% Jan. 77% Sale !!* 94% Sale 83 118% 115% 106% 77% 95% Jan. 90% Jan. 81 Jan. 91% Jan. 100 95 J Mar. 12 Mar. 21 Mar. 10 87% Mar. 13 59% Dec. a 83 §1* 88 Dec. 65% Oct. 1938 Oregon-Waab 1st At ref 4s s 88 65 1997 Oregon RR Ac Nav con g 4s.....1946 J Oregon Short Line 1st con g 5a.. 1946 J con Sale 100% 102% Registered... Jan 2047 Ref At lmpt 4Hs Series A.. 2047 Ref Ac Impt 6a Series B 2047 Ref At Impt 5a Series C 2047 Cash sale, Sale 30% Jan. ... Jan 2047 North Pac Terminal lat 6a 45 102% 101% 101% Jan. 99% 101% 99% 100% 88 86 Sale 89% 86 Jan. 1997 Registered Gen Hen ry At Id gt 3a c 30" ..1996 Dlv 1st Ac gen g 4a .....1944 Pocahontas C At C Joint 4s....1941 Guaranteed 70 90% Feb. 20 70 General gold 5s Terminal 1st gold 5a N Y Westchea Ac Boa lat 4H* Nord Rya extl a f 6Ha Norfolk South 1st Ac ref 5s A 1961 F Apr. 22 79 80 90 75 45 94 84 100% Nov. 88 8 21 •; 56 J .... 81 V Feb. May 25 103% Mar 10 102% May 29 95 99% 100 .... 24 9 20 Sept. SIH 88 Dec. 99% 102 58 ...1956 M N 100 Sept. 88% Nov. 72 84 103% May 9 105% May 15 92% Mar. 7 Oct. JDec. 100 75 70 15,000 Pacific Coast Co 1st g 5s 8,000 Pacific RR of Mo 1st ext 4s 2d extended gold 5a 1,000 Feb. 90% 77% 52 Ohio River RR 1st g 5a General gold 5s 39,000 4,000 64,000 126,000 93 75 Ogden At Lake Ch lat guar g 4a..1948 J J Ohio Connecting Ry lat 4s 1943 M S i"66o Jan. Dec. 92 51% 56% Northern Ry of Calif guar 5a 1,000 Jan. 107 17 / North Cent gen Ac ref 5a A... 399,000 6,000 176,000 2,000 14% Dec. 18% Dec. 102 14 28 Sale Gen At ref 4Ha series A stpd_.1974 Northern Ohio 1st guar g 5a....1945 426,000 3,000 154,000 28 36 91 51 Registered 36,000 57 Jan. 41% Jan. S 8,000 Norfolk Ac Western lmpt Ac ext g 6a 1934 New River 1st gold 6a 61,000 ...1932 272,000 Norfolk At West Ry lat con g 4a 1996 36", 000 5 5 4 82 8 Second gold 4H« 257,000 56,000 7 9 Jan. Jan. Norfolk At South 1st g 5s 332,000 112,000 Jan. Jan. 25 70 6 6 22 85 75% Dec. 18 100% May 82 19 77% Jan. 82% Jan. 85% Jan. 15 29 33% Sale Non-conv debenture 3Ha 1947 A O Non-conv debenture 3Ha.....1954 A O ..1955 J J 2,000 158,000 42,000 Sale 38 1939 M Non-conv debenture 4s Non-conv debenture 4a.. 111",660 187,000 52,000 51% 25 Jan. Jan. 22% Jan. 24% Jan. Jan. 14 Oct. 8 Nov. 27 Oct. 3 80 77 24 2 Dec. 65 70 Sale Jan. 87% Jan. 24 9 70% Oct. 15 85% Feb. 78 Dec. 18 102% July 24 81 Dec. 21 101 % July 17 68 24% Sale M N A Dec. 20% Sale S F 60 69 84% 1947 M Non-conv debenture 4s 131,000 252,000 409,0P0 M M N M N 1941 M S N Y Ac N E Boston Ter 1st 4a N Y New Haven Ac Hartford 32"666 A 1947 M»N 1933 N Y At Greenw L guar g 5a 1947 N Y At Harlem g 3Ha .......2000 N Y Lack Ac West ref 4Ha B 1973 N Y Ac Jersey lat 5s 1932 78 92 72 79% Sale 23% Dec. 28 10 26 27 24 8 16 101% Jan. 27 107% Mar. 2 97% Jan. 21 80 O 1932 A O Refunding 5Ha aeries A 1974 A O Refunding 4% a aeries C.„ .1978 M S N Y Connecting 1st gu 4Ha A...1953 F A Apr. Feb. Jan. Jan. Jan. 72 May 101% Jan. Dec. 72 94 85 93% 100% 93% 94% Jan. - 79 20% Dec. Dec. Nov. - 1998 Oct. Dec. 14 Dec. 96 71 Jan. Jan. Dec. 59 70 76 1937 A O 45 80 28 63 26 94 1998 Registered 30% Jan. 38 14 Jan. 28 2 18 13 26 14 21 1998 N Y Chic Ac St Loula lat g 4a Jan. Jan. Jan. 26 66 65 65 21 68 Registered 39% Jan. Jan. Mich Cunt coil g 3H*-- J 56% Jan. Jan. Jan. Jan. 75% Jan. 71% Jan. Jan. 72 78% Jan. "4~,666 ...1997 56% Jan. 94% Jan. 82% 116,000 Mar. 18 87 Jan. 81 60,000 32,000 98,000 299,000 11 94% Jan. 86 26,000 27,000 62,000 17,000 242,000 Dec. 20 83 87% 100 Sale '89 66 20",000 16 66 30 4Ha series A 2013 A O When issued................. A O Ref At lmpt 5s series C 2013 A O 5,000 7 40 85% 1,000 7 4% Jan. 16 1942 J 48*666 Jan. 1 28% 1934 M N 10,000 7 1% Dec. 60 1998 1,000 31 Jan. 35 Debenture gold 4a "~2~,o66 1% Oct. 1 60 30-year deb 4s of 1912 Lake Shore coll g 3%s 4,000 2% Jan. 28 16 80 33,000 21,000 28 Jan. 24% Ref Ac Impt 530",000 Jan. 48 325",660 380,000 1,021,000 10,000 5 37% 11,000 27,000 303,000 1,724,000 4 13 35 146",006 1,628",066 Mar. 1% July 99% Feb. 6 103% June 13 May 2 Sept. 14 93 72 65 86 50,000 3 6 35 1956 F N Y Cent RR conv deb 6a... Con sol 4a series A 1,000 July *28 4% Jan. 7 4 Mar. 1111 Sale Registered 35,000 1% 85 "1% Jan!" 18 7 1 70 70 65 N Y C Ac H R g mtge Last sale Oct. 2 1986 F First 5H« series A ....1954 A Npt 5c Cin B gen gu g 4H> 1945 J N Y & Bklyn Ac M B cons g 5s...l935 A 159,000 .158,0001 296,000 913,000 599,000 Jan. 80 First 5a series B. 1954 A 1st mtge gold 5a series C......1956 F 1st 2 3 102 ....1952 J 5,000 578,000 56 70 J Jan. 2 2% 1% New Orleans Term 1st 4a... 1953 J N O Tex Ac Mex non cum lnc 5a .1935 A 56,000, 27,000 151,000 1 6 1 on 1945 J N J June R gu lat 4a N O Ac N East ref 4 Ha A Sale "1% ""2"" 1954 M N 1945 J J Cona guar 4a 2,000 2,000 4,000 48,000 17,000 5,000 189,000 2,000 1,000 2 Nov. 4 103 Jan. 28 Apr. 11 79 98 ^ June Dec. 17 Oct. 29 109%! July Dec. 29 109% June 67% Dec. 19 98 May 20 95 95 10 Jan. 16 14 80 Jan. 16 86 20 16 53 TJan. June 17 6 Dec. 16 98%!July 17 Dec.. 2 103 Aug. 21 r I .) N. Y. STOCK SALES IN Jan. 1932. iDec. N. T. STOCK EXCHANGE. Jan. $ , 26.000 631,000 327,000 211,000 11,000 2. Bid. Paducah & Illlaoli let J 92 585,000 265,000 5,000 Sinking fund extl 7» 1958 M S Paris-Orleans RRRxt a f 54a.-.1968 M 8 94 Paullsta Ry 1st Ac ret 7s 50 f 4H<-.1"J J 1958 F • RR 61 --..1942 M Lowest. Sale Ask Jan. Jan. Sale Sale Prices. Sept. 22 101 % Apr. 29 19 106% Jan. 8 Sept. 22 107% June 13 Dec. 30 105 Mar. 4 Dec. 29 97 Apr. 27 100 88% Jan. Jan. Jan. Jan. Jan. 11 30 30 11 41 Jan. 13 55 Jan. 5 70 90 Jan. 11 78% Jan. 14 73 Jan. 92 Jan. 8 88 Sec. 87% 90% 90% 79% 88% 97% Jan. Jan. Jan. Jan. Jan. Jan. 93% Jan. 90% Jan. 12 84 Dec. 80 Jan. 98 Jan. 150,Ot)0 •213,000 161,000 660.000 1st Ac ref gold 4%s series A 13,000 1977 92,000 Penn RR consol gold 4s..... 1943 Gonsol gold 4s 16,000 1948 127,000 Stamped dollar bonds...... 1948 Consol 4%a Issue of 1915......1960 306,000 General 4)4* Series A...... —1965 255,000 General 5s Series B...........1968 857,000 15-year secured 6 His 1936 157",000 123",000 519,000 469,000 259,000 Registered 40-year 5s M N 82 F A 93% J D 79 J D 88% F A F 52,000 91,000 103,000 94% 99% 81% 90% 91 98 Sale 80 Sale Sale O 66 O 70% Salo 68% Sale 69% 74% Dec. 89 95% 89 X 51 87 87 85 30 40 86 Pere Marq 1st 5a Series A.. 1956 J 1st 4s Series B..........1.....1956 J J 51 Sale J 36 87 8 42% Sale 89% 86% 99% 101% 19% 21% 1980 M 44. 1943 M.N 1974 F A 1977 J J f 4s. ..1937 J Pine Creek registered guar 6s...1932 J "6,000 J Philippine Ry 1st 30-yr 45,000 28,000 1,000 Phlla Bait 8c Wash 1st g General 5s Series B Gen g 434■ series C 2,000 7.000 ...... s 96 Con 5,000 5,000 2.000 Gen guar 5s series A.. General g 5s ser B General 4)4s series C..».. 7.000 20,000 2,000 11,000 39.000 98.000 F 90 74 Pitta McK Ac Yough 1st guar 6s. .1932 J 2d guar 6s... .1934 J Pitts Shen Ac L B 1st g 5s...— .1940 A O First consol gold 5s .1943 J 98 Pitts Va Ac Char 1st guar 4s— .1943 MN Pitts At West Ya 1st 4)4s ser A .1958 J D 1st M 4 )4® ser B .1959 A O 1st mtge 4)4s series C._.—.. .1960 A O Pitts Y Ac Ash 1st gen 4s ser A. .1948 IJ D 65 45 45 76 65 .1997 1 J .1997 J J 49t600 113,000 1,000 57,000 41,000 " i~6o6 1.000 3,336,000 227,666 614",000 109,000 25.000 River Ac Gulf Dlv 1st g 4s Prior lien 4s series A Con M 4)4s series A 95 . 55 33 Dec. 89% 99% 80 20 45% 41% 42% 90% 63 Jan. 16 30 30 53 Jan. 16 91 Jan. 6 26 17% Jan. 29 11 18 92% Jan. 92% Jan. 29 96 Jan. 13 96 12 92% Jan. 12 87 95 13 90 13 95% Jan. Jan. 23 Jan. Jan. 90 80 90 Sale 89% 82 13 18 88%-Jan. Jan. 25 85 85 74 89% Jan. 74% Jan. 27 8 92% Jan. 92% Jan. 85% Jan. 18 Jan. 9 100 Jan. 9 Apr. Nov. Oct. Oct. Sept. Dec. Dec. Dec. 97% 89% 97% 100% 70 48 105 50 48 Jan. 15 38 27 Jan. 27 38 51 45 Jan. 5 52 Jan. 14 78% Jan. 75% Jan. 15 19 42% 92% 99% 68% 83% 74% Dec. Dec. 93 Jan. 18 8 Jan. 11 68 Jan. 15 71 93 Jan. 18 Dec. 94 72 R^ 93 5 75 Jan. 14 56 Jan. 9 S 40% 56% 46% Jan. 6 14 32 Dec. 15 49 39 70 39 Jan. 25 Jan. 13 41 Nov. 18 41% 50 37% 65 64 J 47 65 61 70 66% 80 25 90 35% 90 65% 26% Sale 19 Sale 70% 78 Sale Nov. 5 96 Dec. 5 85 Sept. 30 100 Apr. 20 2 Feb. 21 2% June 2 Last sale 5 8 1 21 26 21 103 Apr. 20 Mar. 18 103% June 17 100% Aug. *29 June 26 95 Mar. 23 95 Mar. 19 95% Mar. 26 97 Aug. 27 105% June 10 75 Feb. 17 91 June 9 98 Jan. 7 103% Jan. 23 103 Jan. 21 Dec. June Oct. June Sept. Dec. Jan. May Jan. 104 Dec. 50 79 80 82 Mar, 19 105 98% June 4 Jan. 9 Aug. 19 101% May 5 98% July 23 Nov. Jan. 6 98% June 99 99% Dec. 47 Jan. Apr. 11 May 25 May 2 Jan. 102% Jan. 45 14 Jan. 110 55 76 Aug. 12 Feb. July 110 47 '65' Apr. 28 Jan. 16 Jan. 26 Jan. 21 18 16 102% Apr. 7 Dec. 2 103 Dec. 16 103 Oct. 16 102 99 88% Jan. 88 97 Mar. 20 *8* Dec. 102% Apr. ...... 83 73 84 Nov. 4 32 Sale 73 Sale 29% Sale 22% Sale 34% .... 36 73 67 55 69 55 27 40 43% 47 42% Sale 32% 48% 75% Sale 29% 48 54% 56 60 J D Jan. Jan. 13 57% Dec. 18 40 Dec. 46% Dec. 61 Jan. 5 80 Jan. 13 75 11 16 J,* 97 Apr. '28 Mar. 86% Mar. 7 4 101% Apr. 75 15 92 Dec. 23 93 95 May 18 101 c89% Dec. 31 103 9 Mar. 30 Mar. 9 May 28 Apr. 6 Mar. 6 83% Jan. 22 57 Dec. 16 100% Jan. 23 23% Jan. 34 Jan. 14 23 Dec. 2 89% Jan. 15 26% Jan. 22 14% Dec. 42% Aug. 2 86 6 24 1 69% Mar. 30 65 Jan. 4 Jan. 29% Jan. 4 42 Jan. 14 63 26 30 85 25,000 8,000 1,000 95 66 Jan. 18 Jan. 26 45 Jan. 26 49% Jan. 26 Jan. 5 83 26 27% Jan. 42% Jan. 7 2 55 60 Jan. Jan. Jan. Jan. 14 97 Jan. 98 Jan. 28 99% Jan. 15 2 95 Jan. 6 97 Jan. 13 86% Jan. 75% Jan. 86% Jan. 75% Jan. 19 90 20 20 94 94 Jan. 29 99 19 77 91 75% 80% 67% Jan. 6 75 21 65 88 95 99 Santa Fe Presc Ac Phenlx 1st 5a..1942 M S 87% 103% 4s....1933 95 1933 99% Sale 95 97 1933 96 98% 99% 99% '3. 54 69 26 26 96 73 73 89% ... 19 Jan. Jan. 76% 11% 80 15 12 S 8 A A Sale 20 % 1% 2% 3 2% 3% 3% Sale 3 5% 15% 20 1% 2 1% 1% 1% ..... guar 5s...1936 F J 35 "85 A Gen cons guar 50-year 5s.....1963 A O Sou Pac Co 4s Cent Pac coll Aug. *49 J D 1st 4)4® (Oregon Lines) ser A..1977 M 8{ Convertible 5s...............1934 J D Gold 4)48 1968 M 8 Gold 4)4s w 1 May 1 1969 M N Gold 4>4s ...1981 M N San Francisco Term 1st 4s....1950 A O - 12 5 5 4 17 22 11 12 Jan. 12 2 Jan. 15 2% 2% 3% 3% Jan. 6 Jan. Jan. Jan. 15% Jan. 3 2 3% 1% Jan. 2% Jan. 35 68 76% 95 80 20 Jan. Jan. 11 19% Jan. 15 12 Jan. 1 Jan. 13 Dec. 29 96 Dec. 28 105 95 10 21 Dec. 7 Jan. 15 1 % Dec. 14 2 % Dec. 1 15 2% Dec. 2 10 Dec. Dec. Jan. Jan. 14 1 Sept. 26 2% Jan. 12 1 Dec. Jan. Jan. Jan. 27 4 71 Jan. 14 5 84% Jan. 14 95 27 Jan. 100 55 70 91 53 53 Oct. Nov. Dec. Dec. Dec. Dec. Dec. 65% Sale 59% Jan. 4 73% Jan. 13 63 Sale 64 Sale 61 Jan. 4 74 Jan. 11 62% Sale 76 64 Sale 59% Jan. 4 72% Jan. 14 72 77 76 53% Dec. 7 84 15 72 Deferred delivery. v Jan. Jan. 18 4 13 Aug. 17 62% Sale 72 16 3 1 Dec. Oct. Jan. 21 12 15 June 24 Jan. 3 16% June 26 12 14 8 20% Jan. 26 19 11 8 5 9 Dec. 7 15% Jan. 20 May cl07%Sept.21 101% Apr. 24 98% May 27 54% Feb. 5 54% Feb. 4 6% Jan. 20 June 16 Jan. 21 18 29 6 90 62 29 % Dec. 30 2 13 73 28 4 Dec. 10 903 88 17 7 2% 97 Aug. 100% Aug. 76 Dec. 11% Dec. 2 85 Sale 18 112 Dec. 17 28 Jan. 3 3 15 5% Jan. 5 3 10 17 18 20 26 Sept. 21 102% July 22 Apr. 30 100 Apr. 30 Oct. 13 99% July 7 Dec. 5 96 May 29 10 2% 73 95 4% 2% 63% Sale 79 7 Sale Jan. Jan. 2 81% 45% 81 Sale 80 20 1 82% 34% 20 15% 1 5 2 ..... Seaboard Ac Roanoke 1st 5s extd.1931 J 76 22% 15% Jan. (js94 101 12 — 12 102 Dec. 31 102 June 95% Oct. 21 105% Apr. 95 1st g 6s.........1934 Dec. 93 100 76 1st g 5s. 1934 Scio Vail Ac N E 1st guar g 4s 1989 MN Seaboard Air Line 1st g 4s—...1950 A O 7,000 11,000 Stamped..... 14,000 .1950 Certificates of deposit.. 5,000 Adjustment 5s 63,000 Oct 1949 Refunding g 4s 236,000 1959 Certificates of deposit..... 82,000 1st At cons 6s series A 500,000 1945|M Certificates of deposit 362,000 Atlan-BIrm Dlv 1st g 4s...May 1933 M 15,000 292,000 Seaboard-All Fla 1st 6s A 1935|F Certificates of deposit 231,000 Series B 79,000 1935|F 25 Jan. 102% June 8 108% Mar. 50% Dec. 17 87% Mar. 25 Dec. 9 78% Feb. 30% Dec. 14 100% Feb. 15 Dec. 16 97% Jan. 40 Dec. 30 98% Jan. 89 Jan. 5 95% Aug. 42 85 45,000 30,000 cons 89% Dec. Sept. 80% Jan. 21% Jan. 77 ........... Certificates of deposit 31 66% Jan. 95 South Ac Nor Ala Dec. Dec. 108 89 Feb. 20 13 103% 105% 95% 101% 100% 109% 34% Dec. 48% Jan. Jan. Jan. Jan. Jan. 6 88 3 Dec. 81 % Nov. 44 73 30 Jan. 53% Montana Ext 1st gold 4s......1937 a 50 70 Pacific Ext sterling guar 4s...1940 St Paul Union Depot 1st 5s 1972 J San Ant Ac Aran Pass 1st guar 48.1943 J Cash sale. Jan. 48% 1950 1st consol gold 6s 6s reduced to gold 4)4s... c ' 74% 12,000 94,000 302,000 7,000 233,000 409,000 693,000 137.000 40 6% 80 3,000 102,000 148,000 2,000 234,000 197,000 1,238,000 45,000 10 Sale St Paul Minn Ac Man 10", 000 59,000 19,000 110,000 138,000 1,000 130,000 56,000 3,000 2 97% July 80 2,000 23,000 31,000 3,000 10,000 12,000 93 % June 18 80 J Apr. 17 94% July 24 97% Jan. 30 18 102% Mar. 86 ... 94 Nov. 30 ..... 1950 J 2d gold 4s income bond..Nov 1989 J Consol gold 4s 1932 1st terminal Ac unif 5s 1952 St Paul Ac K C Short L 1st 4 )4®—1941 SavFlaAcWest 2 75 St Louis Peoria Ac N W 1st gu 5s. 1948 J J St. Louis Southwest 1st g 4s....1989 MN Registered.... Sept. 14 Sept. 9 Dec. 100% 100 ..... 1933 MN Prior lien 5s series B "5",000 87 — ..... cons 13 50% St Paul Ac Duluth 1st consol 4s .1968 St Paul E Grand Trunk 4%a_._.1947 15,000 30,000 18,000 85% Jan. Dec. Nov. Dec. 94 93% Registered................... 26,000 121,000 73,000 48,000 13 —.. 103 1978 M Ry 85% Jan. 62 66 ... St Louis-San Francisco 15 Jan. 42 O St Jos At Grand Island 1st g 4S..1947 St Lawr Ac Adirondack 1st g 5s..1996 2d gold 6s 1996 1,599,000 3.243,000 79 Jan. Jan. 60 5 Rock Isl'd Ark At Louis 1st 4)4a..l934 M Rutland-Canadian 1st guar g 48.1949 J Rutland 1st cons g 4)4®-1941 113,000 13,000 70 90 78% 16% "96% St Louis Iron Mtn Ac South— 396,000 Dec. 863 753 82% 76 76 Rensselaer Ac Saratoga 1st gu 6s 1941 MN Richmond Ac Mecklenburg 1st 4s 1948 MN Richmond Term Ry 1st guar 5s. 1952 J J Guar (Jan 1922 coupon)—... 1940 Rio Grande Western 1st g 4s 1939 1st con Ac coll trust 4s series A. 1949 A 55 79% Jan. '25 Sale 88% 46% Sale Rio Grande June 1st guar g 5s.. 1939 Rio Grande Southern 1st g 4s... 1940 57,000 44,000 95 90 8P Gen Ac ref 4)4■ Gen Ac ref 4)4® series B 11 99 Oct\ Last sale .1962 F A .1957 M N 59,000, 74% Jan. 100 Providence Terminal 1st 4s.... .1956 M 8 Read Co Jersey Cen coll g 4s .1951 A O 4,000 140,000 48 89 92 80 71 100% 98% mn . 65% Jan. 7 23 24 May 9 Dec. Jan. 58 75 A D Feb. 69 Jan. 6 24 20 July 20 14 92 92 95 A F 1975 A O 1977 J .... 1st gen 5s series B 4,000 88% 95% DJ 1970 J {Providence Securities deb 4s 5,000 J Jan. Jan. Jan. Jan. 100 MN Con 14 88 Dec. Dec. Dec. Dec. Feb. 70 92% Sale MN F A 1945 1949 .1953 4s series G guar g 1957 4s series H guar g— 1960 4%® series I guar g_ 1963 4)4® series J guar........1964 102 H Jan. J.ii-. 2% 65 53 100 Con 31,000 25,000 25,000 ••/ 48% Sale .... D Con 1.000 7,000 34,000 6% 4%a ser A—1940iA O Con 4%® series B guar g 1942 A O Con 434® series C guar g——1942'MN Con 4s series D guar g-. Con 3)4® series E guar g Con 4s series F guar g 49" 000 0?% P C C 8c St L guar g "V. 000 18 65% 77% 94% 109% Sale 50 81 ...L Jan. 86% Peoria Ac East 1st cons 4s.......1940 A O Income 4s (flat) 1990 A O Peoria * Pekln Un 1st 5%a A...1974 F A 1 90 11 Sale 75 77 w 15 Jan. Dec. 85 Jan. 5 July 28 July 31 Aug. 1 88 ..... 93 Sale 1st g 4'A a ser C 28 94 87 25 Jan. ec. 88 75 45,000, 48,000 Sale 82 70 54",000 28 A ..........1964 MN 1963 MN ~Y, 000 14,000! 75 91% 92% 82% Sale 90% 92 99% Sale Secured gold 434s... 39,000 91,000 29.000 74% Sale 92 40-year guar tr ctfs 4s Ser E..1952 M N 1.000 570,000 99,000 104,000 68 92 85% 5.000 7,000 29,000 "9,00) Sale 13,000 159,000 177,000 16,000 88 Guar 3%a cqII tr reg ctfs ser A.1937 MS Guar 3%a coll tr ctfs ser B 1941 F A Guar g 3%a tr ctfs series C 1942 J D Guar g3Hatr ctfs series D 1944 J D 25,000 73% 91% 88 ... .... O M N Debenture gold 4%§..........1970 A General 4%» series D .....1981 A Pennsylvania Co— 181,000 77.000 69.000 A M N ... 1931. Highest. Sale Prices. Prices. 95% 95% 101% 26 94% Penn Ohio 8c Detroit RR— 22,000 4.000 91,000 2,000 YEAR Lowest. Highest. Prices 95 91 .....; 80 94% Sale I 95 % Sale 97% 101% Sale Salo 89% Sale 55 41)4 45 96 8 Jan. 30. Ask. Bid. 95 A 863" 000 Parla-Lyona-Med RANGE FOR PRICES IN JANUAR Y. BONDS 1931 23 EXCHANGE-BONDS 61 Jan. 12% Jan. 3 Oct. 14 7 26 12 .Jan. 9 2% Oct. 22 92% July 24 97 Mar. 27 Jan. 23 102% Jan. 21 103% Aug. 14 99% Jan. 26 100 Ri^ 98 June 28 May 8 June 17 N. Y. STOCK SALES IN Jan. 1932. EXCHANGE-BONDS Dec. 1931 N. RANGE FOR PRICES IN JANUAR Y. BONDS 2. Jan. Y. STOCK EXCHANGE. 1,000 13,000 253",000 1937 MN So Pac of Calif 1st cons 5s 134,000 South Pac RR 1st raf guar 95 101% 95 Lowest. 1 77 80 79% 98% 99 Jan. 8 99 Jan. 8 95 77 Jan. 4 82% Jan. 15 74 ....1955 J 286,000 Southern Ry lit cons 5s........1994 J Registered 1994 J J Detel 8c gen 4s series A ..1956 AO 411",000 Devel 5c gen 6s series A 1956 A O 140,000 Devel 8t gen 6%a series A.....1956 A O 356,000 Memphis Dl? 1st g 5s 1996 J J J St Louis Div 1st g 4s_......-.1951 J Bast Tenn reorg lien 5s 1938 M S Mobile 5c Ohio coll tr 4s 1938 M S 10,000 J Spokane Internat 1st g 5s......,1955 J Staten Isl Ry 1st gu g 4%s *43 J D Sunbury & Lewis 1st g 4a 1936 M 8 Stamped Federal tax 117'ffl 368",600 107,000 250,000 10", 656 15",600 11,000 29,000 3,000 34,006 66,000 63",600 1947 Term RR Assn of St L 1st g 4%8._1939 First cons g 5s 1944 Gen rtf a f gold 4s 1953 2,000 46,000 Texarkana 4c F S Ry 5Ha ser A..1950 Texas & N O cons g 5s 1943 2000 21*555 Texas 5c Pacific 1st g 5s Second g lac 5s (flat) Dec 1 2000 3,000 60,666 47:666 52,000 50,000 183,000 11,000 96,000 2,000 2,000 ser 1977 1979 .....1980 B Gen 8c ret 5s series C Gen & ref 58 ser D.. 45",066 "2:066 130,600 Tor Ham 8c Buff 1st 4s 69*555 con 86% 45 20% 40 724,000 2,000 138,000 91,000 23,000 254,000 2,000 Unlor 60 65 }"d ....... 59 ..... 1967 Gold 4%s_. 1st lien 8t raf 5s 6,000 3,000 "i:660 131,000 11,000 118,000 28,000 60,000 123,000 2,000 530,000 132,000 204,000 J J ..June 2008 M S 40-year 4s lnt rets 1 U N J RR 8c Canal Co gen 4s ::::: ::::: 1968 1944 1933 1955 Consol 4s Series B._.__ ...1957 Vera Crux 8c P Asstg 1st 4%s._I934 Virginia Midland general 5s_....1936 Va 8c Southwest 1st guar 5s 2003 First cons 50-year 5s— 1958 Virginian Ry 1st 5s ser A.......1962 1st mtge 4%s series B 1962 Wabash RR 1st gold 5s 1939 Second gold 5s 1939 Ref 8c gen if 5H< ser A. 1975 .... 14 27 48 Jan. 4 67 Jan. Jan. Sale 66 14 J D M S J Jan. 2 72 Jan. 14 78 ,40% 26% Dec. 117% Feb. 25 Nov. 83 102% July. 26 93 Apr. 4 101% July 29 4 96% Apr. 50 July 31 Jan. 60 67% Jan. 23 43 Jan. 29 23 13 Sept. 98% Sept. 36 Dec. Jan. 8 20% Nov. Jan. 20 Jan. 29 88 45 30 35% Jan. 19% Jan. 97 % Apr. 95% 35 38 40 24% Jan. 6 80% 92 Jan. 26 90 68 Sale 80 71 97 75 71 73 ..... Jan. 7 73% Jan. 20 79 88% 68 92% 66% 66% Sale 70% Sale 99% 90 iUH WA ^10% ----- 78 73% 45 91% Sale 78 76 Sale 80% 93% 106% 72% 74% 90% 93% 29 79 Jan. 28 92 Jan. 14 65 Jan. 5 54 Jan. 18 60 Dec. Dec. 11 100 61% Jan. 62% Jan. 10 100 Jan. 5 7 5 69 Jan. Jan. Jan. 28 6 70 69 20 56 Dec. 15 101 Feb. 28 Jan. 19 85 Jan. 19 92% Jan. 5 92% Jan. 5 2 83 95 85 94 95% Jan. 4 70 Jan. 79% 49 70 Jan. 4 48% Jan. 27 86.% Jan. 28 74 Jan. 5 79 Sale 79 85 102 Sale 73 Sale Jan. 30 >8% Jan. '1% Jan. 19 Jan. 7 77 Jan. 27 77 35 81 M N 70% 97% 70% Sale MN F A S registered 1939 gold term 4s..1954 J J J J J 35 87% 73 Deb 6s 1st lien 50-year 5,000 Det 8c Ch Ex 1st g 5s 2000 ......1948 Wash Term 1st guar 3%s 1945 1st 40-year guar 4s ... 1945 West Maryland 1st g 4s 1952 First 8c ret 5%a series A......1977 West N Y Ac Pa 1st g 5s 1937 General gold 4s 1943 Western Pacific 1st 5s ser A.....1946 West Shore 1st 4s guar..... 2361 J J 30 9% 4 ..... 58 Dec. 29, 27 33 Nov. 20 93% Jan. 15 85% Dec. 18 102% 85 Dec. 99% Dec. 98% 70 Dec. 68 102% Jan. 22 Jan. 22 Jan. 19 Jan. 15 Jan. 15 93% 90 Jan. 15 90% Jan. 16 85 40 35 Jan. 14 Sale 81 Jan. 2 39% Jan. 89% Jan. 28 15 70 Jan. 8 75 69% Jan. 30 79 Jan. Jan. 7 14 .... 69% Sale 54 60 43 Jan. 9 15 16% 19 11 Jan. 12 54% Jan. 29 Jan. 24 72% Jan. 20 19 75 98% 72% 85 72% Jan. 20 60 59 31 46 30 Jan. 15 46 Jan, 11 19 Jan. 25 Jan. 16% Jan. 16% Jan. 27 27 82 Jan. 82 Jan. 7 48 Jan. 4 62 Jan, 16 46 Jan. 2 63 91% Jan. 91% Jan. 28 Jan. 9 95 Jan. Jan. 18 15 2 91% Jan. 2 46 Jan. 4 74 Jan. Jan. O 17 S 21 F A 9 10 15% A O Sale O 11 12 12 A 9% 9% 9% Jan. 9% Jan. 14 Sale 9 84 50 26 59 45 64% 16 6,000 216*555 96,000 16,000 1,000 206,000 138,000 23,000 2,000 33,000 3,000 2,000 347,000 178,000 4,000 6,000 224.000 239,000 32,000 51,000 .......2361 Registered 1966 A "26:660 Refunding 5s ser Wheel Ac L Erie RR 1st 43,000 Wilkeo-B 8c East 1st gu g 5s con M S J J I J 28 67% 63% M S 53 57% 52% 12% g 4S..1949 M 5s Winston-Salem S B 1st 4s 109,000 30,000 90 M S Wheel 8c L E Ref 4%a ser Wilmar 8c Sioux Falls 1st 117,000 29,000 85 50% Sale 46% Sale 85 91% 91% Sale Wisconsin Cent 1st gen g 4s 1942 1938 1960 1949 8 J D J J 65 83% 90 87% Sale Sale 95 80% ~85" 46 Sale MN Sup Ac Dul Dl? Ac Ter 1st 4s 1936 Worcester 8c Conn East Ry 4%s_1943 J 30 ..... J 70 72% 65 55 90 70 70 33 29% Jan. 17 Dec. 113 Dec. 91 Dec. July May 18 99% July 28 100 July 28 95 28% 85 Sale 32% 96 Apr. 28 98 Feb. 9 Jan. 12 4% Apr. 23 Oct. 14 103 85 Nov. 20 100% Feb. 16 Jan. 5 77 32 Dec. 7 77% Dec. 18 108% Jan. Jan. 26 102 69% Dec. 17 Jan. 21 59 Dec. 3 105 92 _ 34% Dec. 18 102% Jan. 8% Dec. 18 102% Jan. Last sale 98% Mar. 94% Jan. 81 July 23 Dec. 9 102% July 60 Mar. 28 88 Aug. 3 May 11 8% Dec. 18 16 28 29 5 25 20 Feb. 25 92% Jan. 20 96% Jan. 22 91 90 Tan. 23 9 89% Jan. Dec. 29 96 July July 78 84 Dec. 96 May 39 Dec. 84 Jan. 35 85 Dec. c97 Feb. Dec. 2 80 Nov. 104% June 16 98% July 30 Jan. 29 14 13 30 Dec. 8 - 9 61% Dec. 59% Dec. 50 Dec. 98% Aug. Jan. 23 70 59% Jan. 20% Jan. 12 59% Jan. 12 45 Jan. 27 17% Dec. 91% Oct. 75 57% 57% 25% Sale 34 19 22 23 18 87 67% 63% 90 75 23% ... May May May June 77 87 68 89 J J 77% 69% 55 19 6 Dec. 18 8 29 J J Sale 82% 83% Feb. Jan. 65 ... Warren RR 1st ref guar 3 %s Wash Cent Ry 1st g 4s 76 60 93 79 90 A M ... Mar. 24 90% Jan. 5 79% Feb. 19 97 22 95% June 9 93% Sept. 15 1 % Sept. 18 42 78 27% 96% Apr. 10 Jan. J 1941 Des Moines Dlr 1st g 4s 1939 Omaha Dlr 1st g 3%s 1941 Tol AcChlc Dl? 1st g 4s 1941 Wabash Ry ret 8c gen 5s ser B ..1976 181,000 Ret At gen 4%s aeries C....... 1978 341,000 Ref 8c gen 5s series D 1980 303,000 Sale 5 9 100 90% 86% 10 Nov. 17 90% Jan. 60 Oct. 48% Jan. 79% 85% 98% 77% 93% Mar. 12 24 103% Apr. 1 14 100% Sept.14 May 10 Sept. 29 102 Feb. 18 Nov. 4 94 Feb. 95 77 Mar. 29 Oct. 74 77% Sale 88 95 Dec. 28 107 85 95 70 50 30% M N M 2 61% Dec. 2 106% Feb. 100% Jan. 14 102% Feb. 16 Jan. 17 85 Dec. 8 113 Last sale 75% 75% J O 76 71% Jan. 63% Jan. 4 A Jan. 22 92 Mar. 10 3 102 Nov. 6 105% Mar. 10 Dec. 31 95% July 1® 100 76% 76% 76% 76% 45% 97% Apr. 22 99% Jan. 88 69% 22 Dec. 29 30 100 97 90 MN J 20 93 38 A MN Jan. 108% Mar. 13 88% Feb. 19 113% Feb. 20 Dec. 40 J F 111 34% Dec. 51 79 69% my* A O 1947 J J 1947 J J June 2008 M S Vandalia consol g 4s A "iftooo D Pac RR 8c land gr g 4s Registered 13 54 D 5s ctf of deposit First 8c refunding 4s 86% Jan. 5 99 May 22 96% Mar. 6 95 95% 69 % 1952 4 79 cl06%Mar.l7 79 65 25 87% Sale O 1 67% Dec. July Jan. 38% Jan. Mar A Certlfs of dep stpd Dec 1930 int. Utah Ac Northern 1st ext 4s 67,000 135,000 120,000 60% 62% 84 2 Dec. 18 104 97 Stpd as to paym't Dec 1930 lnt 1st 1,000 11,000 52 Sale 94% ~63% Sale 1946 J g 5s_ .1928 J First refunding gold 4s 20,000 64,000 1,000 179,000 2,000 48% 51% 99 82 Term 5^8 Ulster 8c Delaware 1st con 245",000 49% Sale Toledo 8c Ohio Cent 1st g 5s 4,000 657,000 81 Sale 98% 1964 MS J 1935 J Western D1t 1st g 5s .......1935 A O General gold 5s 1935 J D Tol St L & West 50-yr g 4s 1950 A O J Tol W Va 8c Ohio 1st guar 4%s B.1933 J 1st guar 4s series C„ 1942 M S Tex Pac—Mo Pac Sale 26 Tenn Cent Ry 1st M 6s A Gen ret 5s 80 41 Dec. 95% Mar. J Registered Highest. Sale Prices. Sale Prices. Sale 1931. Sale Prices. Highest Sale Prices. Ask. J 1937 J 4s....1955 J South Pac Coast guar 4s Jan. 30. Ask. Bid. Bid $ YEAR Lowest. 92 Feb. Jan. 22 25% Dec. 33% Jan. 22 28 35 25% Jan. Jan. 24 Dec. 78 Dec. 74% Aug. Jan. July 7 July 3 Sept 14 97% Sept. 8 26 11 97 Jan. 0 94% Jan. 23 93 Feb. 25 99% 102% 93% 53% 102% 97% 66% 80 May 12 Mar. 21 Mar. 21 Feb. 6 July July 2 7 Feb. 10 Jan. 20 88% Sept. 19 INDUSTRIALS— 290,000 445,000 58,000 7,000 40,000 3,000 39,000 8,000 10,000 509,000 385,000 874.000 40,000 16,000 14,000 57,000 13,000 1,319,000 16,000 312,000 343,000 67,000 42,000 22,000 10,000 198*555 11,000 261,000 186,000 39,000 1,155,000 1,688,000 1,287,000 413,000 2,276,000 22,000 80,000 69,000 15,000 7,000 23,000 599,000 445,000 581,000 85,000 18,000 57,000 84,000) 38,000 992,000 14,000 474,000 481,000 34,000 296,000 With 5s 1953 1943 warrants Adams Express coll tr g 4s......1948 7s.....1952 J D A Abitibi Pow 8c Paper 1st Abraham 8t Straus deb 5%a O M 29 79 68 a 36% Sale 28% Jan. 5 36% Jan. 22 23% Dec. 29 W467 84 75% Jan. 4 83% Jan. 15 75 Dec. 70 65 Jan. 5 70 63 Dec. 72 5 Jan. Jan. 16 76 6 Jan. Jan. Jan. 23 Sale 30 73 7 2 5 A O 73 J Ajax Rubber 1st s f 8s 1936 Alaska Gold M deb 6s A (flat)...1926 M D 2 8 7 9 M S 7 44 10 Sale A 29 Sale 37" Sale 28 22H Sale 31 Sale 21 Sale 28 Sale Sale 85% 86 Adriatic Elec Co external 10-year con? 6s ser B (flat) 1925 Albany Perforated Wrap Paper 6s 1948 A O F Allegheny Corp coll tr con? 5s__1944 Collateral and convertible 5s..1949 J D 1950 AO Coll 8c con? 5s Allls-Cbalmers Mfg deb g 5s 1937 MN 80 78 6 76 a* 12 14 14 14 50 * 7 46% Jan. 41% Jan. 22 2 Jan. 4 40 Jan. 14 15 Jan. 5 33 Jan. 22 11% Dec. 79 Jan. 5 90 Jan. 18 79 Dec. Jan. 12 35 Nov. Dec. 50 41 44 40 Jan. 5 19% 25 20 Jan. 4 22 85 87% 85 Jan. 25 A O 42 67 Deb 6%s Amer Smelting 8c Amer Sugar c Cash sale. Deferred delivery. 73 59% Sale 69% Sale 102% 49 "55" 73% Sale 69 Jan. 6 39% Sale 38 Jan. 4 68 s68 69 in 18 Dec. 17 87% Dec. 69% Dec. 102 Feb. 10 14 96 Feb. 18 14 30 Dec. 88 Mar. 74% Jan. 15 60 Oct. 85 52 68 Dec. 102 Jan. 12 Mar.11 Dec. 95% Mar. 11 106% Sept. 22 Jan. 28 Jan. 7 70 Jan. 14 Sale 69 Jan. 4 72% Jan. 14 4 60 Jan. 14 4 Jan. 18 3 Dec. 96 85% 101% 96% 96% 94% Dec. Dec. Dec. Dec. Dec. 102% Dec. 43% Dec. Sale Sale 101 Sale 2 99 Dec. Sale 101% 95% Sale 107 Jan. 14 95 Sale c99% Jan. 97% Jan. 20 94 Dec. Dec. 13 96% Nov. Jan. 23 68. 84% Jan. 16 100 Sale Sale 89% 92 88 89 Sale 93% Sale 71% Sale Aug. 12 18 55 48% Jan. Mar. 24 Jan. 9 29 3% 4% 93% Sale 101% Sale 96 94% 98% Sale 95% Sale 5 3% Sale 91 104% Sale 25 cl04 94 47 Jan. Jan. 68 59 Feb. 7 Jan. Sale 68% 85 Aug. 29 87% Jan. 75 47 103 54 Feb. 87% Feb. 24 85% Feb. 24 6 Jan. 87% 73 Sale 78 40% Jan. 25 69 Dec. Dec. 9 87 M Mar. 30 Jan. 20 1955 con? Feb. 12 40 Sugar 11 14 10 7 14% Jan. 5 8 Amer Beet 9 May 11 May 22 100% May 15 Dec. 5 Jan. 21 Jan. June Jan. 8 9 deb 6s...1935 F A deb 6s 1933 A O American Cyanamld deb 5s 1942 A O Amer 8c ForelgnPower 5s.. 2030 M 8 American Ice s f dob 5s 1953 J D American I G Chemical 5^8 1949 MN J Amer Internat Corp con? 9%a„.l949 Amer Mach 8c Fdy s f gold 6s 1939 A O A O Amer Metal Ltd 5%s gold notes..1934 American Natural Gas Corp— Alplne-Montan Steel 7s Amer Chain 10-year s f Dec. 78 101 89 June 21 44 (with purch warr)—1942 Ref 5s ser A 1947 AO Refg 15-year 6s 1937 J J 98 |( Amer Tel 8t Tel Con? 4s. 1936 M 8 30-year coll trust ..........1946 J D 100 J J 99 35-year sink fund deb 5a.. 1960 1,372,000 20-year sinking fund 5%a 1943 MN 104% 1,417,000 J Convertible debentures 4%s-_1939 104% 786,000 98 35 year deb 5s.... ...1965 F A 2,539,000 6,000 Amer Type Founders deb 6s 1940 A O 83% 145,000 Amer Water Works 8c Elec coll 5s.1934 A O 72 Debenture gold 6s series A...1975 MN 123,000 142,000 392,000 356,000 76,000 973,000 30 Jan. Jan. 13 99% Jan. 100% Jan. 19 Jan. 2 105 99 104% Jan. 95 6 2 Dec. 63% Dec. 9 Mar. 3 51% Jan. 104% Jan. 105% Aug. 106 Sept. 108% Apr. cl09%May 111% Aug. 135 Feb. 14 2 4 95 28 21 24 21 20 cll0%Aug. 26 106 Mar. 11 104 Jan 9 106% Apr 2 SALES IN Jan. 1932. Dec. N. T. STOCK EXCHANGE. Jan. HO. Bid. 10,000 91,000 53,000 198,000 1,660 "5",000 Amer Writ Paper 1st g 6a 1947 J J Auglo-Ghil Nitrate 7a without war '45 M N Jan. 30. 2. Bid. Ask 25 % i,iii~66o 1,197,000 9,000 17,000 10,000 106,000 60,000 17,000 8,0,00 171,000 Armour 5c Co. lat real estate deb 5s conv Associated Oil 6% gold notes... 1935 M S Atlanta Gas Light 1st 5s... 1947 J D Atl Gulf 5t WI SS Line coll tr 5s.l959 J J 116",000 Atlantic Refining deb 5s Baldwin Locom Works 1st 56,000 69,000 1* s 1937 J J f 5s. .1940 M N 92 470,000 598,000 144,000 299,000 306,0j00 « 98 Jan. 95 Jan. Sale looM 40% Jan. 85% Jan. 95 40% "45" 89 101 7 42 90 Sale 91 "15" 102 101 7% 75% -77 99 1 25 13 53 Jan. 8 71 26 ' 98 Jan. 44 Jan. 93 Jan Jan. T% Jan. May 26 2 June 3 80% Dec. 24 98 Dec. 18 104% Oct. 6104 95 89% Dec. 18; 20 29 80 Jan. 29 90 Jan. 26 Dec. 9 48 Sale 25% Jan. 27 94 31% 33 24M Jan. 90 Jan. 93 % 93 % 93% 89 Sale 93 Jan. 20 Jan. 29 15M Jan. 44% Jan. 3% Jan. 14 17% Jan. 14 Dec. 4 85% 86 Dec. 21 106% 89% Dec. 17 104 24 Dec. 28 83% 15 Dec. 17 36% 29 50 Jan. 11 45 4% Jan. 16 65% Jan. 98M Jan. 80% Jan. 11 66M Jan. Jan. 28 cl05 21 89% Jan. 15 58 14 58 14 D 30% Sale A 30 Sale 1955 A O 26 % Sale —1956 A O Bethlehem Steel 1st 8t ref 5s g A.1942 M N 20-year pur 4t Imp s f 5s......1936 J J Bing at Bing a f deb 6%s 1950 M S Botany Cons Mills sec s f 6%a 1934 A O 23 % 88 Jan. 101% Jan. 43 Jan. 30 40 Jan. 9 37 Dec. Dec. Dec. Jan. 79 84 100 Jan. 102 72 Dec. 25% Dec. 20 Jan 22 96% Feb. 25 99% Aug. 19 19 111% Aug. 11 24 115 Apr. 9 16 c99% July 21 4 88% Mar. 24 4 86% Mar. 24 4 80% Mar. 21 30 75 9 0 9 Dec. 28 Sale Sale 97 June 12 Jan. 68 Sale Sale Sale 75 6 9 Jan. Apr. Sept. 22 107% Sept. Nov. w* Jan. Sept. 11 16 103% 43 Sale 101 Jan. Jan. Jan. Jan. Jan. Jan. Mar. 6 June 29 Dec. 28 14% July 6 Dec. 31 101 % Mar. 10 Dec. 17 Jan. 92 6 14 89 Prices. 27 Feb. 77 87 15 .20 101 % Jan. Sale 18 Dec. 24 34 M 31 % 95 99 102 1959 F Debenture 6s ilH c85 64 100 M Jan. Jan. 95 Jan. 7 15 . J 1951 J 6%s 101 Dec. 71% 85% 98% 98% 70% 30% 88 99 M 1960 A O City Electric deb 6Ml Deb sinking fund 101% Jan. Prices 10 7 Jan. W4 68 98 % 101 94 1 70 Sale 71 Berlin 7 Jan. 75 63 % 75 85 % S Jan. 65 74% Sale J Beneficial Indus Loan deb 6s....1946 M 1 68% Jan. 61 % Jan. Sale 64% J First 5c ref 5s scries C 250,000 133,000 312,000 231,000 276,000 6 26 10 73 70 J ..1943 J 1936 J 1948 J Jan. 11% Jan. 85 80 Baraqua (Comp Azucar) 7Hs ...1937 J Beldtng-Heminway conv 6s Bell Telephone of Pa 1st 5a B 26 13 15 85 Batavlau Pete gtd deb 4%a 127",666 24,000 237,000 4)4*1939 J D SMi 1943 J J 1940 J D Armour 5c Co of Del 1st Armstrong Cork 73,000 7,000 107,000 Sug (Comp Azuc) lat 7 *39 J J J J Memp Bdge & Term 1st 5s.1964 M 8 Certificates of deposit. 1 Ark & 4,000 751,000 2,299,000 35,000 27 Jan. 23% Jan. 11 1931. Highest. Sale Sale Prices. Sale Prices 7 23 9% 14 YEAR Lowest. Highest. Lowest. | Ask. 19 30 Antilla " RANGE FOR PRICES IN JANUARY. bonds 1931 35 exchange-bonds n. y. stock Dec. Jan. 15 18% Dec. 35% Jan. 18 20 4 97 Jan. 21 29 96 Jan. 12 15 Berlin Elec Elev 5c Undgrd Rya— 81,000 49,000 132,000 34,000 53,000 10,000 2,000 "9~o6o 396,000 1,109,000 9,000 46,000 200,000 13,000 1st 6 Ms 116,000 48,000 139,000 200,000 77,000 34,000 27,000 6,000 11,000 295.000 1,275,000 5,000 2,000 Bowman-BUtmore Hotels 1st 7s..1934 M Broadway at 7th Are 1st D —1941 Brooklyn Edison Inc gen 5s A.-.1949 J Bklyn-M Tr R T Sec 6s 1968 J Bklyn Queens Co 5t Sab gtd 5s—1941 MN 1st 5s stamped J 1941 J Brooklyn Rap Tr 1st refcon g 4s 3003 Brooklyn Un El 1st g 44s 1950 F A Brooklyn Union Gas Co 1st g Ss.1945 MN 139",066 1st lien 5c ref 6s A ser 1947 MN ... Conv deb 5Ms Convertible debentures5s 3,000 29,000! 39,000 131,000 13.000 9,000 20,000 1,000! 90,000 21,000 8,000 25,000 5,000 90,000 69"666 6,000 1,203,000 38",000 88,000 72,000 445,000 302,000 58,556 250",606 1,000 42,000 149,000 24,000 65,000 325,000 1,000 8,000 7,000 21,000 177,000 36,000 86,000, 460,000j 12,000 64,000 982,000 1,067,000 42,000 296,000 16,000 101.000 4,000 12,000 20,000 64,000 73,000 35,000 "2,666 2,000 132,000 3,000 11,000 20,000 22,000 11,000 52,000 145,000 872,000 859.000 35,000 213,000 22,000 110,000 18,000 108,000 29,000 52,000 159,000 293,000 2,000 26,000 7,000 134,000 71,000 31,000 " "i",66o 1,000 "5",000 97,000 338,000 62,000 39,000 285,000 2~s5",666 22,000 "6",000 132,000 515,000 18,000 36.000 1,000 126,000 187,000 5,000 227,000 204,000 33,000 57,000 356,000 38,000 513,000 28,000 5,000 14,000 98,000 419,000 246,000 34,000 21,000 12,000 208,000 152,000 9,000 14",000 70 65 % 100% Sale 82 % Sale 46,000 3,000 44,000 12,000 13,000 5% 2% 1% 2% 65 M 82% 99 98% 84% Sale 53 58 56 60 56% 80 60 Jan. 27 12 5 Jan. Jan. 14 18 80 85 85 "85" 70 101% 103 70% 100 % 107 106 % 109 140 78 Jan. 70 Jan. Sale 100 Jan. 27 102% Jan. Sale 107 Jan. 30 Ill 74M 4 21 4 Jan. 14 97% Jan. 22 Jan. 2 140 95 Sale 94% 96 95 Jan. 2 A 95 Sale 90% 91% 91 Jan. 29 95 80 80 7 67 67 Jan. 7 6 Jan. 65"" 71 Jan. 13 84 84 Jan. 29 90 Jan. 14 60 Jan. 27 60 Jan. 27 99M Jan. 62% Jan. 61% Jan. 4 O 79 67 "75" 87 55 Sale 99 100 Sale A 70 58 1938 MN 63 70 s65% Sale 4 15 5 loo"" Sale Jan. 80 10 Conr deb s deb 5s......1940 J cony conv deb 1 g 1952 a f g 5s J 1939 F 5Ms Camaguey Sugar sink fund 7s 1943 A Canada Steamship Lines 1st 6s.. 1941 A Central Dist Tel lat 30-year 5s 1943 J Central Foundry 1st O D Cent 111 Elec 5c Gas 1st 5s 1951 F Chicago Rys 1st 5s stamped Aug 1 1929 lnt 10% paid A 76 30 "72 MN Sale 85 90 Sale 6 12 5% 12 85 Jan. 16 Jan. 14 Jan. 29 Jan. 9 76% Jan. 25 85 Jan. 25 39% Jan. 8 7 Jan. 25 31M Jan. 6 48 Sale 35 J 49 80 Dec. 11 115 26 30 Dec. 17 26 4 76 Jan. 14 100% Jan. 4 59 Jan. 4M Dec. 22 59% Dec. 15 101% Mar. Mar. 27% July 11 45 99 Dec. 17 106% June Jan. 5 27 1971 J Oct. Jan. 23 60 Jan. 16 23 20 60 55 Dec. 61 Jan. 29 65 Jan. 12 76M Sale 71% Jan. 4 76 77 Sale 74 Jan. 6 71% Jan. 4 82% Jan. 81% Jan. 81% Jan. 16 19 94% Jan. 61% Dec. 21 62% Dec. 18 101% Jan. 72 Dec. 21 101% Jan. 14 94 90 11 75% Sale 80 76 92 87 84 81% 92 92 93 93 85 89% 85% Sale 78 81 79 80% Sale 105% 106% 105 105% 105 81 % 81*6 87% 82% ..... 92 M 85 4 35 18& 19 89 97% ■ 36 24 % 37 Sale 79 75 67 % 69 M Sale 1% 2% 1% 1 % 2 20 Sale 98% 97% 39 21% Sale 80 100% >36% 101% Sale Sale Jan. 11 90 Jan. Jan. 26 85 Jan. 6 Jan. 5 93 Jan. 12 Jan. 5 87 Jan. 21 Jan. 27 85 J an. 18 Jan. 18 106% Jan. 4 67 101M 102 79% 80 Jan. 14 62 Jan. 23 36 24 J an. 4 Jan. 14 65 Jan. 21 2,102% Jan. 61 80 1 Dec. 16 10 Jan. 2 % Dec. 2 Dec. 17 Jan. Jan. Jan. 7 11 27 101 Jan. 27 15 Jan. 14 90 Jan. 19 92% Jan. 19 92% Jan. ,16 1 3 29 101 Jan. 96 Jan. 29 101 99 Jan. 27 100 Jan. 96 Jan. 29 100% Jan. Jan. 30 95 79 % 50 % Sale "80% Sale' Donner Steel lat ref 1940 MN Eastern Cuba Stamped as Sugar s 1937 M S f 7 Ms to s f guar Ed El 111 Bkn 1st con g 4s Ed El 111 N Y 1st cons g 5s.. Elec Pow J 1939 1995 J Corp (Germany) 6%s._1950 M 8 6M1. .—.1953 A O 1st sinking fund Elkhorn Coal 1st 8c ref 4%s Deb 7% notes (with warr) Equitable Gas 1st 5s con 1931 J .1931 J ...1932 M D D S 52 81 J 20-year 7s.. 1943 Duke-Price Pow (Ltd) 1st 6s A..1966 MN Duquesne Light 1st mtge g4M* A1967 A O 55 76 79% 75% 78 94% Sale 12 5% 68 % Sale 95% Sale I ::::: 93 94 108M 120 25% "32 26% 28 20% 33 15 99 100 With stock purch warrants Federal Lt 8c Tr 1st First 1 s 1st Hen a f 6s -tamped F A 49 1942 M S 64 1942IM f 5s... f 5s stamped ; S .....1942 8 30-year deb 6a series 8........1954 D • 4 c Cash sale, s ' Deferred delivery. 55 93% Oct. 95 97 J 90% Jan. 76 "83% Jan" Jam 5 50% Jan. 9 53 Jan. 18 80 68% Jan. 94% Jan. 4% Jan. 30 75 2 6 15 Jan. •27 Jan. 21 81% Jan. 25 Jan. 14 5% Jan. 14 97 4 Jan. 94% "97"" 94 Jan. 103% 109% 110 34% Sale 26% Jan. "~4 96% Jan. "18 25 100 Jan. 5 36% Jan. 32 34 28 Jan. 5 20 25 20Jan. 15 36 25 9 Jan. 7 20% Jan. 15 Dec. Dec. Dec. Dec. 93 Dec. Last sale 100 96 96 Jan. 98 1939 M S 98 95 92 1 100% Jan. Sale 90% Sale 28 July 25 10 Aug, 22 6' 100 Sept. 18 105 June 22 104% June 27 7 3 61 93 cl5 Oct. 29 June 10 ruly 29 ?09% July 24 J08% ?2pt-12 110 Dec. 17 May 18 cl06%July 29 42 3% Dec. 28 Mar. 26 3% Dec. 22 9 Oct. 5 Oct. 8 90% Dec. 17 110 107% Dec. 4 123% May 28 Apr. 11 7 89 23% Dec. 23 Dec. 5 87% Apr. 13 „ 20 Nov. 2 10 15 99% 100% 5 9 89% Dec. 15 105% May 23 90 Nov. 30 100 May 21 73% Dec. 18 93% Aug. 19 50 Dec. 17 73 Aug. 21 84 Dec. 4 100 Nov 19 78 Dec. 16101 Mar. 31 68 Dec. 29; 106% Mar. 23 June 9 99% Dec. 58 40 44 40 Jan. 25 48 Jan. 68 1 106 Jan. Aug. 20 18;? 05 17(101% Aug. 14 Dec. 15 Dec. 15 Dec. 18 Dec. 18 Dec. 29 ,68 94 86 26 66 71 Jan. 15 65 65 83% 75 85 80 Jan. Jan. Jan. Jan. 68 66 70 8 86 56 9 22 1 90% Jan. Sale Mar. Jan. 1% Jan. 89 94 23 29 22 Jan. 1% Jan. 92 92% 97 Oct. Dec. 14% June 26 Jan. Sale Oct. 1 Dec. 93 92 Sale 61 1 3 16 9 7 28 1 8 100 June 18 2 8 27 1% Jan. 19 1 20 Mar. Apr. May Aug. Sept. June Jan. Jan. July July 3 1% Jan. Jan. 100% Sale 96% Sale Dec. 23 15 28 29 93% 48% 108% 104 >. 105% 106% 85 64 102% 105% 99% 96% 85 Jan. 3 25 31 17 Dec. 99 64 Dec. Dec. Dec. Dec. Nov. Dec. Dec. 5 Sale 15 31% 20% 99% 89% 99% 98% 65 90 1 July 16 May J8 45 Jan. 92 June 18 12 Jan. 90 8 31 22 16 15 12 14 97 88 88 7 2 23 99 91% 105 Sept. Aug. May 22 Jan. 70% Jan. 57 99 87% Dec. 14 102 99% Dec. 11 Dec. 30 100% Sept. 30 108 27 20 19 Sale 93% 91 87/ 78 May 99% Mar. 1 May 83% Dec. 29 101 78 99 "91" Dec. Dec. 100 Jan. 98 99% 102 % 1942 MN 20 18 Sale 101 Dodge Bros s f deb 6s Dold (Jacob) Pack 1st 6s 11 11 77% Jan. 11 11 15 21 Jan. 100% Jan. 35% Jan. 20% Jan. 23 101 Jan. 2 100% Jan. Jan. 92 17 100 63 94 Jan. Jan. "Foreigns' 29 104% Jan. 29 94% Jan. Jan. A Dominion Iron 5c Steel 5a 28 22 o2 67 D 1932 Jan. Jan. 97% Jan. 48 1962 A 89 99 Sale .1955 1961 33% Jan. 19% Jan. 101% Jan. 51% Sale 1% 2 1% 1% 6 1% 6 70 70 6 18 4 101* 99% Feb. 93% Dec. 10 103 104 100 1 Gen 5c ref 4%s series D Dot United 1st cons g 4 Ms Jan. — 6 101 1949 33 21 % Sale 101 Sale 94 % 100 M N Detroit Edison Co 1st coll tr 5s..1933 37 ..... 1951 M N 1942 M S 95% Mar. 13 Sept. 12 32% Jan. J 1969 J Feb.. 11 99 72 62 S Denver Gas 5c El 1st 5c ref 5s 83 61 D Delaware Pr 5c Lt 1st M 4%a 1st mtge gold 4%s Dec. 31 Dec. 18 83% Dec. 15 66 4 J 41 4 62 See German Prov & Com m'l Bks under J 14 15 74 J J 48 Jan. 35 J A Jan. 57 17 Mar. 16 67 J D 48 86% Jqn. 10 74 33 % O Gen 5c ref 5s series A Jan. 83% Jan. 12 5 39% Oct. 35 67% J 1940 f 7s 47 Sale 5 14 60 72% Sale —1937 Pa tax 11 40% Jqn. Sale Jan. 49 "32% J attached 6s A 6 60 84 J J 7 85% 72 J 1 Dec. 85% A O J Sept. Sept. 21 Aug. 4 July 28 July 24 Jan. 64 J J Dec. 9 106% 33% Mar. 3 clOO 101% Oct. 14 106% 99% 62 Dec. 17 8 Sale 50 Dec. 24 98% Mar. 12 Jan. 10 Dec. 22 101 9 Doc. 24 '■<45V.,P' Jan. 70% Feb. 26 Oct. 5 11 70 40* 93 Feb. 26 18 101% Feb. 18 18 Jan. Jan. J June 11 Jan. 9 5 48 O Dec. Dec. 100 93 29 100 76M Jan. Sale Cuban Dom Sug 1st 7M«— 1944 MN Certfs of dep stpd and unstpd.. Gen 5c ref 5s series B_. Gen 5c ref 5s ser C 75 39 30 2 102 Jan. 49 1943 J s 97 53 Crown Willamette Pap 1st s f g 6s 1951 J Crowm Zellerbach deb 6s w w 1940 M Cuban Cane Products deb 6s 1950 J as to 12 Jan. 49 Copenhagen Telep extl s f g 5s. .1954 F A Corn Prod Ref 1st 25-yr s f 5s...1934 M N Crown Cork 5c Seal s f 6s. 1947 J D Stamped Jan. 89% Jan. ..1927 F A 15-year deb gold 5s Dery (D G) Corp 1st Second stamped 23 62 5 27 Jan. Deb gold 4mb w 1 D 1951 Consum Gas Chic 1st guar g 5s..1936 J D 1952 MN Container Corp of Am 1st s f g 6s. 1946 J D f 57 100 100 M 90 Consumers Power 1st lien 5s s 11 40 91 99 A Dec. 21 Dec. 12 218 83% Dec. 22 103% Jan. 23 Mar. 2 59 Dec. 28 104 98 Dec. 28 106 July 20 Feb. 14 Dec. 17 100 57 21 100M 103 Sale -1951 J 1951 J ..1958 Clumb T 5c T 1st 5c gen 5s 13 79 65 Jan. 15 s99 F June 10 66% Jan. 12 92% June 28 92% June 18 Dec. 18 113 Sept. 3 May 21 96 Jan. 27 Oct. 20 94% Dec. 31 107% Sept. 12 65 Jan. 100 J 10 93% Dec. 30 106 12 71 99 MN 100 106 150 Jan. 6 J J 69 Dec. 28 Nov. 30 56 Last sale 68 Dec. 28 53 71 Jan. Sale 66% Sale 100M Jan. 64 J O Feb. 9 Feb. 13 2% Dec. 18 5 1 July 2% Dec. 11 Feb. 13 65 Sept. 30 87 9 Dec. 14 108% Se}>t. 100 Dec. 29 102% May 12 81 4 O Consol Hydro-Elec 1st s f g 7s... 1956 Consol Coal Md 40-yr 5s 1950 Consol Gas (N Y) deb 5%a 1945 Cuyamel Fruit 1st 65% A Colo Fuel fc Iron Co gen s f 5s..1943 F A Colo Indus 1st coll tr 5s gu 1934 F A Columbia Gas 5c Elec deb 5s 1952 M N warr Sale "34"" M S .1943 A Chill Copper deb g 5s .1947 J Cin Gas 5c Elec 1st mtge g 4s A..1968 A Clearfield Bit Coal 1st 4s 1940 J Colon Oil conv deb 6s 1938 J Stpd with purch Sale 67 30 100 % Sale 57 100 62 M 86% 100 % MN M Childs Go deb 5s Conn Ry 5c Lt 1st g 4%a Stamped guar 4%s Consol Agric Loan 6%» 56"" 70 O f 6s...May 1931 F A Cent Hud G 5c E 1st 5s_ Jan 1957 M 8 s Dec. 23 105 Mar. 18 7 July May 15 2 Apr. 1 Aug. 94 Ernesto Breda Co 1st M 7s.'54 43,000 1,000 3,000 7,000 45 Consol 5s J 1955 Bush Term Bldgs 5s gu tax ex O 1960 By-Product Coke 1st 5 Ms ser A..1945 MN Cat Gas 5c El Corp unlf 5c ref 5s..1937 MN Debenture 5s 39,000 Apr 15 1952 Deb 5s Jan 15 1961 496,000 2,000 Columbus Gas 1st gold 5s 1933 14,000; Columbus Ry P & L 1st 4M»-.—1957 21,000 Commercial Credit s f6s —.1934 Coll trust 5 Ms ser A 56,000 ..1935 485,000 Comm'l In* Trust conv debSMs.1949 25,000 Computing-Tab-Record s f 6s 1941 1,000 J 1981 F 13,000 Central Steel 1st sink fund 8s...1941 187,000 Certain-teed Prod s f g 5%s A...1948 82,000 Cespedes Sugar 1st gold 7 Ms 1939 707,000 Ctaea Corp conycol tr g 5s May 15 1947 Cbicago City 5c Conn Ry 5s. Jan 1927 "70",666; Chic Gas L 5c C 1st gu g 5s 1937 128,000 39,000 181,000 129,000 4 2% Sale 15M Sale D Calif Pet 6,000; 126,000 D 22 40 Calif Packing 38,000; 121.0001 142,000 106,000 19,000 24,000 "11",000 1950 Buffalo Gen Elec 4M» ser B Bush Terminal Co lst4s... 4,000 1936 J Buffalo 5c Susq Iron gen a f 5s_. ») 933 2,000 8,000 13,000 Sale 17 3 Brooklyn City RR 1st 5s 109,0.00 3,000 1,000 79,000 122", 655 5s..1943 J 30 % 25 8 Certificates of deposit 74",000 102", 000 con 95 4 26 80 Jan. 26 70 63% 65 82% Dec. „ 4 33% Dec. 21 63 Dec. 29 Dec. 29 3 Dec. 21 81 May 19 20 June 9 101% Jan. 14 76 98 Mar. 16 Apr. 27 97 Api 103% May 8 100 2 Jam EXCHANGE-BONDS N. Y. STOCK 2G PRICES IN SALES IN Jan. 1932. Dec. $ 10,000 59,000 26,000 195,000 5,000 23,000 N. 1931 Y. 2. Jan. STOCK EXCHANGE. 45,000 168,000 44,000 471,000 7,000 51,000 88 % 75*,656 i"o"o",666 Gaa Ac Elec(Bergen Co) 5a Gelsenkirchen Mining 6s 4,000 36,000 74,000 20,000 68,000 60,000 .238,000 535,000 66,000 116,000 43,000 407,000 92,000 80 7s.......1939 Flat deb a f 7a 1946 Flak Rubber tat a ( 8a 1941 Framerlc Ind Ac Dev 20-yr 7%«_.1942 Francisco Sugar 20-year 714a 1943 Gannett Co deb 6a .......'...1943 Federated Metals cony 76% 89 % 1949 123,000! 39 Good Hope Iron Ac Steel sec Goodrich ( B F) Co lit 6 Ha Convertible deb 6a 66,000 3% 31 26 7a.. 5,000 37",000 Illinois Bell Telep 1st At 31,000; 10,000 66,000 160,000 m s 97 97% 77% 62% Sale 24",006 112,000 187,000 66,000 172,000 51,000 23,000 5,000 16,000 6,000 12,000 11,000 7,000 4,000 64,000 222,000 Deb 5s 25,000j 89,OOo! 29% Jan. 58% 69 Jan. 22 58% Jan. 27 Jan. 19 26 . Jan. 19 5 46% Jan. 7 25 Jan. 6 81 Jan. Jan. 11 5 27 Jan. 4 35% Jan. 28 Jan. Jan. 25 21 70% Jan. 8 Jan. 8 100% Jan. 14 15 90% 20 Sale Sale ■ 5 Jan. 25 5 29 25 Jan. 4 28 27% 69% 60 Jan. Jan. 13 66% 37% Sale 99% 100% 100% Sale 94 94% 97% Sale 26% 17% 76 79% 9% ' Sale 28 19 78 Sale 12% 359,000 7,000 9,000 5,000 "4",666 2,000 "6", 000 2,000 40,000 138,000 128,000 69,000 139", 006 60,OOOj 137,000 53,000 217,000] 14,000 279,000 1,000 8,000 363,000 28,000 6,000 254,000 52,000 6,000 12,000 32,000,' 152,000 11,000 13,000 156,000 210,000 176,000 110,000 58,000 145,000| 28,000 514,000 1st Ac refunding 5s 51", 600 95,000 71,000 ",000 warrants "45" 38 65 62 O w MN Sale Sale 36 2 5 50% Jan. 50% Jan. 38% Jan. 21 19 56 49 21 38 60 38 5 71 19 60 Jan. Jan. a" 36% 34 Jan. 29 38 Jan. Sale 62% Jan. 6 Sale 47 Jan. 5 H* Sale 44% Jan. 43% Jan. 2 60 Jan. 14 26 64 Jan. 15 2 54% Jan. 15 5 55 Jan. 14 98% Feb. 39% Mar. 20 June Jan. 10 3 June 22 June 22 78 64% Apr. 10 95 Apr. 13 87 July 24 Apr. 28 88 Dec. 31 6 100 Oct. Dec. 15 93% Dec. 18 99% Jan. Feb. 30 16 Feb. Jan. 14 7 Mar. 21 60 47% 49 M 8 30 Sale 30% 29 Jan. Jan. Jan. 4 38% Jan. 15 J J 43 H Sale 45 Sale 41 Jan. 5 49 Jan. 21 34 % Dec. 60 % Sale 51 Sale 44% Jan. 5 59 Jan. 14 35% Dec. 17 42 Jan. 5 52% Jan. 13 35 Dec. 17 Jan. Jan. 2 60 Jan. 59 Dec. 21 20 60 Jan. 60 Oct. 5 76 Mar. 11 60 Oct. 5 75 Apr. 22 93% Dec. . _ Sale 49 45 Sale 48 33% 45% 48 60 Sale 60 70 60 61 77 60 77 59 55 J Sale Sale 65 60 65 93% 95 90 93 94% 80% 92% Sale A S8H a* 50 70 Sale 79 ~24~~ Sale 60 43 54% 72% Sale 70% 166% 100% 120% 140"" 120% 63 62 65% 56 M 8 i : 108"' 61 92 91% 42% Sale M 8 A O 92 F A 73 F A 68 Jan. 28 90% Jan. 28 27 86 19% Jan. 2 25% Jan. Jan. Jan. 7 Jan. 79 43 49 70 Jan. Jan. 140"" 120% Jan. 8 tr 9 70 Jan. 13 Dec. 18 13 25 35 Dec. 16 Jan. 27 120% Jan. 13 27 25 103 12 107 Jan. 20 105 56 Jan. 11 91% Jan. 59% Jan. 4 Jan. 4 27 90 Jan. Jan. 28 6 92% Jan. 96% Jan. 8 19 71% Jan. 68 Jan. 11* Sale 10 5 78 Jan. 14 64 2 75% Jan. 11 65 5 13% Jan. 13 90 6 88 88 Sept. 21 2 89 Dec. 94 Jan. Jan. Jan. Jan. Dec. 25 Dec. 29 44 Jan. 9 Dec. 78 Jan. 40 Oct. 52 Mar. Jan. Jan. 5 43 Dec. 55 Mar. 16 41 5 6 22 40 6 Jan. Jan. Jan. Dec. 43 irA 41 Sale 99 Sale 82 63 1952 MN Hydro-Elec 6 H*-1944 F A 115% Jan. 96% Jan. 7,5% Jan. Jan. 57 12 117 4 99% Jan. 82 Jan. 5 67 Jan. 4 104 4 96% Sale 94 Sale 35 75 60 Sale J D McCrory Stores deb gold 5H> 1941 McKesson Ac Robbins deb 5H8...1950 M N A O O 30 8 D J O J 56* a 9% Sale 3 i* 6 18 14 80 84 85 42 Sale J 12 % Sale Jan. 16 28% Jan. 2 39 Jan. 10 3 Jan. 29 Jan. 83 32% Jan. 21 Jan. 8 84 Jan. 11 50 44 Jan. 13 50 88 88 76 Jan. 13 85 33% Sale 45 79 "70"' 42 38 Dec Dec. 51 54 Oct. 70 77% 78% Jan. 16 22 100 20 85 Jan. 7 20 June 25 98 90 Jan. 29 27 30 94% Jan. 94% Jan. Sale 29 95 Sale 90 Jan. 29 95% Jan. s73% Jan. 7 4 80 Jan. Jan. 9 14 9 19 15 19 3 20 Jan. 3 Feb. 25 47 _ Jan. 100 % June 12 2 105% July 22 9 104% May 48% Nov. 30 Mar. 94% Jan. Oct. Dec. Oct. 15 Mar. 25 Jan. 62* June 22 Dec. 5 9 12 Jan. 100 Dec. 19 14 11 35 37% Dec. 76 Dec. 22 10 10 §4% 40 Dec. Jan. 19 Apr. 23 100 4% Dec. 27 Dec. Jan. 88% Jan. 88% Jan. 88 Jan. Sale Dec. Dec. Oct. 46 Jan. 23 90 74 47 38 Jan. 38 88 Oct. 2 82 47% 48% 30 30 19 82 Sale 95% Mar. Aug. 95% Aug. 108 May 87% Mar. 115 Dec. Jan. Jan. Jan. Sale 77 92 21 79 2 2 3 Mar. 18 95 Oct. Dec. 15 19 Feb. 16 May 18 Sept. 14 9 99% Feb. Dec. Dec. 83 Jan. 13 Mar. 25 cllO 13 Jan. June _ 95 70 41 111 33% Jan. 97 83 10102 18 100^ 57 125 97 84 95% 20 80 Jan. 20 2 9 19 18 Dec. 18181S 30% Oct. 95 Apr. 30 25 D Jan. 86% Sale 1962 Jan. 10 4 21 16 J Jan. 60 9 83* 91% 94 89% 91% 93% Sale J 91 5 78 90 J 25 51 f 5s 1936 M 8 At ref 5a ser B1961 J D J Jan. Jan. Jan. 77 Milw El Ry At Lt 1st J Jan. 84 Midvale St Ac Ord conv s 1971 40 Sale D A...1943 2 S* 78 101 84 Jan. 50 30 60 98 18 15 8 11 35% "50"" 50" 87 29 101% Jan. 81% Jan. Sale 95 94% Jan. Jan. 38% 34 19 35% O J 77 19% 3 O D MN A 10 80% 26 Jan. Jan. 102% 103 36 Sept. 9 Sept. 2 102^ June 22 99% Jan. 39% 35 117 Mar. 19 751 25 80 "99% 40 Dec. 96% Jan. 39% Jan. 89 50 105 Sept. 1 Dec, 23 104% May 12 103% Feb. 4 Dec. 17 Dec. 31 103% Mar. 7 Jan. 90 44 88 85 89 Sale Mar. 9 89% Dec. 18 103 94% Apr. 10 Dec. 29 90 90 85 55 Nov. 11 4 89 82 14 13 88 Sale Jan. 5 26 27 90 84 6 75% Mar. 11 Jan. Jan. 89 100% 103 6 93% Dec. 28 93 Sale 81% 60% 7 Mar. 37 70 64% July 24 140 40 73 Sale Mar. 19 Mar. 25 Sept.12 85% May 25 107% Sept.19 May 6 Dec. 17 120 96 Aug. 29 Dec. 14 Oct. 27 50 74% 54 10 61% Dec. 21 20 Jan. 29 106 97 Sale Sale 120 Jan. 97 88% Jan. 89% -90 57% Sale *99% 10 Jan. Aug. 28 Jan. 2 39 89 Jan. 16 70 May 25 100% Dec. 18 105% Sept. 21 65% 4 9 Jan. Aug. 4 100 13 60 Sale 55% Dec. Jan. Jan. 93 108"" 88 78 Dec. 80 Jan. 29 102 It* w* Jan. 24 105% June 17 May 21 17 107 92 16 92 106 45 62 96 89% 99% 99% Jan. 17 Jan. Jan. 79% 93% 93% Sale 13 94% Jan. 95% Jan. Jan. 92 100 94 106% Lower Austrian Deferred delivery. 22 Aug. 11 10 Sale 50 Deb gold 5s series A 11 Feb. Jan. Sale 119 1st mtge gold 5s Dec. 16 Dec. 29 May 26 Mar. 23 82 Sale 1951 Montana Power 1st At ref 5s 10*8 51 97 1956 6 27 45 41 Miag Mill Mach 1st s f g 7s 7 24 26 49 116 1957 21 J 1974 1944 Meridional El 1st 7s... 19 21 26 29 24 J 43 warrants.....1945 4 10 25 5 A O 1944 1954 1964 ..1942 Feb. J J 1944 1st s f 7Ha Apr. 17 Oct. 26 Jan. Jan. Jan. July it I03%"Sepfc.l5 8 9% Jan. 37% Dec. 17 37% Dec. 17 23% Sept. 25 60 M Dec*, 16 Jan. 24 69 97 Nov. 17 102% 72% Dec. 19 97% 73 Dec. 18 96% 9% Jan. 12 10% 10 57 69 Feb. Apr. 15 Jan. 8 Dec. 18 96% tJJec. 15 102% t>ec. 15 76 Dec. 15 92% Dec. 29 90 Oct. 5 68 93% Dec. 18 5 17% Dec. 11 69% 59% Jan. Sept. 1 96* Feb. 24 99% Dec. 30 107% Aug. 21 15 Is Louisv Gas Ac El 1st At ref 5s Jan. 27% Jan. m 39% Dec. 28 100 43 Dec. 19 97 44 Dec. 28 77 26 Dec. 29 69% 95* 5s s 28 Jan. 3 7 Dec. 96^ .... (P) Co 7s Cash sale, Jan. 60% 57% 1941 Loew's Inc deb s f g 6s c 80 8* 50 MN Metropolitan Edison IstAtref 5sC.1953 1st g 4Hs series D ....1968 M 8 114,000, Met Water, Sewer At Drain 5Hs..l950 A O 97,000 Met West Side Elev (Chicago) 4s. 1938 F A 170,000, 201,000' Jan. 6 4 A 7,000; 36,000! 80 73% Jan. 74 Jan. Stamped Oct 1931 coupon on 1942 l"0", 660 1990 A 329,000 Manhattan Ry (N Y) con g 4s 2d 4s ...2013 J Manila El Ry At Lt 1st 5s 1953 M Mfr tr ctfs, Namm At Son 6s ..1943 J 13,000, Marion Steam Shovel s f g 6s. 1947 A 19,000 Apr 1940 Q 122,000 Market Street Ry 1st 7s 44,000 7 12 18 40 1951 First Ac ref sinking fund 5s 5s Mead Corp 6s with 96 40 1933 1933 ...... Liggett Ac Myers Tobacco 7s Manari Sugar 29 Sale Lombard Elec 7s without warr..1952 79,000 150", 666 Jan. Jan. Sale 1934 1st At refunding 5s tori Hard 4 26 48 13% 1st Ac ref s f g 5s With Jan. Jan. 29 101 Jan. 14 97% Jan. Jan. 30 4 Jan. Jan. Jan. 12 18 48 Without warrants 58,000( 96% 93% 21% 15% 6s_.........1954 38,000 Lehigh Valley Coal 1st 5s 1st 40-yr gu int red to 4%. 2,000 First Ac ref sinking fund 5s 1,000, 16,000 24,000 7,000 86,000 171,000 366,000 26 ~ 32 Lehigh Coal Ac Nav 4Ha ....1954 Cons sink fund 4Hs ser C 1954 14,000' Jan. 99% Jan. 4 100% 28 Sale ■ 8,000] Jan. Sale Purchase money 6a 549,000 28,000 94 26% Kings Co Elevated 1st g 4s Lautaro Nitrate Co 5 40 % F 15,000, Lackaw Steel 1st cons 5a ser A..1950 1934 61,000: Laclede Gas L ref At ext 1st 5a Coll Ac ref 5Ha series C 1953 120,000' Col Ac ref g 5Hs ser D 1960 37,000 99% Jan. 99% Jan. 42 Pw At Lt 1st g 4%s ser B1957 J I 8,000 78,000 53,000 38,000 35 44 95 Sale Sale 96 11 25 4 25% 75 12 Jan. Jan. Mar. 50% Dec. 16 101 Feb. 95 41 Dec. 21 Jan. 90 26 Dec. 31 Aug. 80% Dec. 28 95 Mar. 15% Dec. 28 86 Mar. 22 Dec. 22 84 Jan. 25 Nov. 25 53 Jan. 30 8 Nov. 28 Apr. 20 Dec. 24 68 Feb. 65 34% Oct. 28 Feb. 62 Dec. 12 94 Jan. 36% Dec. 17 63 LOO Oct. 8; 108% Aug. ,cl04%May 14 s26% Jan. 36 82% 20% 34% 18 Jan. 57 Sale T Sale 24 Sale J A Dec. 30 2 23 O MN Dec. 23 58 19 60 69 I B with warrants....1948 1997 .1949 1954 ] Kings Co Lighting 1st ref 5s 1st Ac ref 6 Ha 1954 "37", 665 1936 6,000 Kinney (G R) Co conv 7Ha 31,000 Kresge Foundation coll tr 6s....1936 1959 1,090,000 Kreuger Ac Toll 5s with war.. 7% 40 A 1st M 4 .1961 311,000 J D 79,000 Kansas Gas Ac El 1st mtge 4Ha..l980 Karstadt (R) Inc 1st Mtge 6s 1943 MN 381,000 1946 M 8 75,000 Keith Corp (B F) 1st ser g 6s M S 141,000 Kendall Co 5%« with warrants..1948 1935 J J 10,000 Keystone Telephone 1st 5s. 1937 29,000 Kings Co E L At Pow gold 5s 21,000 15,000 5 80 Jan. Sale 9H Without warrants............ Kansas Cy 4 3 90 73 H ser Jan. 24 75 MN 15 Jan. 61 71 21H A ... 106,000 395,000 960,000 1,671,000 48,000 93,000 123,000 326,000 854,000 609,000 11,000 25,000 Jan. 80 8 15 18 18 104% Mar. 17 Aug. 10 Dec. 17 64 100 O M S 23 20 Apr. July 99% Sept. 29 Apr. 6 96 27 95 MN 8 Jan. Jan. Jan. 58 Sale Sale 100 % 96 % .............. Jan. Jan. 5 100 Jan. Sale 99 A 1966 928,000 Interboro R T 1st Ac ref 5s.. Stamped.. 1,092,000 10-year 6% notes........ 1932 183,000 10-year 7% notes .1932 409,000 ...1951 51,000 Interlake Iron 1st 5s ser B 1932 11,000 Int Agrl Corp 1st At coll tr 5s Stamped extended to 1942 19,000 1948 179,000 Int Cement conv deb 5s ..1944 469,000 Internet Hydro El deb 6s 1947 1,034,000 International Match deb 5s Convertible debentures 5a 1941 1,246,000 1941 180,000 Int Merc Marine Jat s f 6s Intern Paper conv 5a series A...1947 212,000 Refunding 6a series A.. 1955 .268,000 1952 1445,000, Internat T At T deb g 4Hs Convertible debenture 4Hs...l939 971,000 Deb gold 5a 1955 1,171,000 -.1947 28,000 Investors Equity 5s A Jan. 8 8 4 29 15 2 100 74% Jan. Certificates of deposit.... 553,000 847,000 334,000 578,000 12,000 Jan. 20 Sale g 4%t A...1978 f 4H< aer B .... 1981 F 1956 Mar. 11 Sale 72% Jan. 99% Sale 17 1st Mar. 12 92 44% Jan. 41% Jan. 80 9H 27% 28 % 70 % 46% 24 Inter-Metrop coll tr 4Hs 98 4 47 5 2 74 24 39 A 4 2 Jan. 55 33 90 H 23 H Indiana Limestone 1st a f 6s....1941 MN Ind Nat Gas Ac Oil ref 5s 1936 MN A O Inland Steel 1st M a f Dec. 21% Dec. 97% Dec. Jan. 34 28% Jan. 97% Jan. 50 Sale 9 26 39 O 25 29 39 Sale 15 Sale 100 ref 5s A.1956 J D 4 104 61 '65% Illinois Steel deben 4Hs ......1940 A F Haeder Steel Corp Mtge 6s 1948 6 Dec. Jan. 12 236,000 63,000 Feb. 29 76% Jan. 3% 22% 465.000! 95 14 27 33 27 J* 268,000 87,000 12,000 15,000 62,000 75,000 11 Jan. 6 76 18 497,000 27 Jan. 4 25 240,000 Hudaon Coal 1st s f 5s series 22,000 Hudson County Gas 1st 5s...... 1932 J J 435,000 Humble Oil Ac Ref 5 Ms 1937 A O Deb gold 5s temp... 471,000 Jan. 96 28 47 94,000 17,000 299,000 451,000 48% 11 Jan. 23 % 57 39,000! 8 Jan. 96 Jan. 36,000 Gould Coupler 1st 15-yr a f 6s 100,000 Gt Con a El Pow (Japan) 7a 1st Ac gen a f g6Hs ........ 36,000 60,000 Gulf States Steel deb 5%« 2,000 Hackensack Water 1st 4a....... 70,000 Hanaa S S Lines 6s with warr 40,000 Harpen Mining 6a with warr.... Havana Elec Ry cons g 5a ... Deb 5 Ms series of 1926........ Hoe (R) At Co 1st 6 %• A Holland Amer L 6s (flat) ..... 40",665 Houston Oil sink fund 5H* "i~,6o6 89% Jan. 35% Jan. Jan. 70 72 27,000 2 Mar. 91 34% 67% $39% 75 Aug. 28 4 76% Jan. 36% Jan. Goodyear Tire Ac Rubber 1st 5s.. Gotham Silk Hosiery deb 6s Nov. 11 14 3% Sale 69% Feb. 13 Jan. Sale 74% Sale Aug. 17 Mar. 11 . 73 Sale ...... Jan. 15 Mar. 20 17 69 Oct., 6 90 103% Sept. 30 108% Dec. 18 94% Dec. 18 91% Dec. 28 99% 89 Dec. 29 40 92% Sale 62 % 42 154,000 571,000 458,000 43 Dec. 30 Dec. 11 Jan. 60 Sale Jan. Dec. 89 76 96% 75% 73 58 Jan. 71 20 33 99 Sale 96% 98 76% 80 97 % 16 4 16 Jan. tin 2 78 43% 40% Sale 29 Jan. Oct. 9 14 9 47 36% 31H __ 16 28 16 69 90% Sale 43% 44% 93 98% 98 H Sale 19 21 Prices. Jan. 20 Sale 74% Dec. 22 Sale 37% 90% Sale 89% 40 % 96 Jan. 28 30 18 80% Jan. 25% Jan. 91% Jan. 2 75 79 78,000 1,000 150,000 129,000 Ht debg 6a 1948 323,000 1,143,000 Gen Motors Acceptance deb g 6s. 1937 144,000 Gen Petroleum 1st a f 5a_ -Aug 15 1946 158,000 General Public Service deb 5%«-1939 124,000 Genl Steel Castings 1st 5Ha ....1949 862,000 Gen Theatres Equip deb 6a_...—1940 143,000 56,000 340,000 214,000 8,000 3,000 51,000 113,000 15,000 4,000 53,000 56,000 17 76 Sale 33 1934 Gen Amer Investors 5a 1952 General Baking deb a f 5%8__..__1940 General Cable 1st a f g 5%8 A....1947 General Elec deb g 3Hs .....1942 General Elec (Germany) 7a 1945 Deb 6 a without warrs attached Jan. 87% Jan 87% 91 30 77 15% 76 80 Prices. 88 30 ,77 25 Sale 23 Prices. 5 5 Sale 79 Ask 80 79 Highest. Sale Prices. Sale Jan. 77% Jan. 84 Sale Sale Bid. 1931. YEAR Lowest. Highest. Lowest. Jan. 30. | Ask 89 Bid. r RANGE FOR JANUARY. BONDS 75 77 Jan. Jan. 8 9 84% Apr. 22 July 12 85% Dec. lg 104% May 26 84 Dec. 16,104% 80 85 73 Oct. u 16}04% Dec. -Dec. 18 1°6 Dec. 311104 Aug. 6 Sept. 10 Mar. 30 N. Y> ST0C3K SALES IN Jan. 1932. \Dec-. $ | 71,000 34,000 6,000 2,000 Without warrants Mont Tram 1st Ac ref A 5s General Ac refunding 5s AGen Ac re# 5s series B___Gen & re# 139,000 3,000 900,000 27,000 336,000 1,000 3,000 46,000 512,000 87,000 64,000 54,000 8,000 56,000 210,000 463,000 121,000 57,000 s f s f 5s 446® Morris Ac Co 1st s 469,000 11,000 181,000 169,000 45,000 77,000 23",000 163,000 364,000 43,000 3,000 2,000 19,000 86 1956 O 546 7146 ....... 3,000 Newark Con Gas 5s D 96 1948 6,000 N J Pow Ac Light 1st O 444® I960 8246 47,000 Newberry (J J) Co 544®-—— O ...1940 7746 472,000 New England T Ac T D 10046 3f-yr 5s A...1952 1st g 444® series B 174,000 1961 M N 9346 71,000 New Orleans P S 1st Ac ref 5s A 1952 A O 7246 1st Ac ref 5s B_. 108,000 D 72 1955 21,000 N Y Dock 50-year gold 4s.. A 54 1951 48,000 Serial 5s g notes O 1938 37 199,000 N Y Edison 1st Ac ref 4 o 108 44® 1941 1st lien At ref 5s B 276,000 o 1944 9946 121,000 N Y Gas El Lt Ht At Pow 5s D 101H 1948 Purchase money coll tr g 4s... 1949 F A 227,000, Certificates 301,666 N Y 39,0001 of 1942 M N —19431 J 19421 J deposit Jan Prior lien 6s series A N Y At Rich Gas 1st 6s A N Y State 20,000 126,000 135,000 120,000 179,000 89,000 Rys 1st cons 446s Certificates of deposit 1st con 6 98 546« Aug 15 1963 F A Not 15 1969 MN Deb 5s series c Nor Ohio Trac Ac Lt gen At ref 6s. 1947 M North States Power 5s A 1941 A.X> 1st At ref 6s series B Northwest Teleg 1st 4 46s Hydro-El Nit 646* 5468— Paramount-Ftiroous-Lasky Corp 546s__. .1950 233,000 287,000 32,000 14,000 2,000 563",000 462",660 5,000 18,000 119,000 671,000 227,000 308,000 171,000 249,000 105",000 186,000 55,000 7,000 1961 A .1943 A Registered Phila Company secured gold 5s.l967 J Phila Elec Co 1st 446* O I) 1967 MN 1st Ac ref g 4s Phila At Read C Ac 1 ref 5s Conv deb 6s w i ...—1971 J 1973 J ...—1949 M D Pure Oil Co s f g 85 84 95 11 95 Oct. 814* Jan. 28 10146 Jan. 27 74 Dec. 6946 Jan. 4 Jan. 4 11 4 46 Jan. 3246 Jan. 95 14 4 7 16 8 15 2 15 13 8 97 54 102 Sale 146 A 50 80 See foreign See foreign 45 9946 Salo 90 864* 10146 Sale 100 Sale 10046 Sale 12 13 "75"" 46 48 Sale 15 2046 12 26 94 58 75 61 81 246 Jan. 39 Jan. Jan. .1942 .1953 J J .1933 J J .1967 J D .1970 F Sale 85 Sale Dec. Dec. Mar. 11 100 Dec. 22 30 46 Dec. 29 12 11 28 Mar. 11 Sale 874* 3 Oct. 31 9 2 Jan. 25] 3 Dec. 11 12 5 105 97 Jan. Jan. 25 16 94 70 Jan. 97 9046 Jan. 27 97 Jan. 58 4 68 Jan. Jan. 34 4 Jan. 2 20 Jan. 4 2146 Jan. 14 8046 Jan. 5 Jan. 6 85 89 16 82 85 Jan. 4 Jan. Jan. Jan. Jan. 30 Jan. 21 Sale 9 Jan. 7 Sale 100 Jan. 6 2 Jan. Jan. 9146 Jan. 85 14 Jan. 6 9946 Jan. 9646 Jan. 22 12 103 Dec. 28 106 55 ~ Dec. 18 June 17 984* Apr. 14 4 26 2046 Dec. 29 8 87 Jan. Dec. 17 5646 Feb 17 cl02>*Sept 6 10546 7546 Oct. Aug. 7546 Dec. 18 105 July Dec. 18 1024* July 67 J 89 Dec. 18 10846 Aug. 89 Dec. 18 1054* Aug. 96 Dec. 18 10746 June 99 Nov. 16 102 Aug. 17 74 Dec. Jan. 14 9746 Jan. 6046 Jan. 25 30 1064* Jan. 4 104 Jan. 2 18 Jan. 15 97 18 15 5146 Dec. 29 1014* Jan. 10046 Dec. 16 114 Jan. 11 88 55* Sale 50 Jan. 11 574* Jan. 22 80 Jan. 5 83 Jan. 27 Jan. 12 644* Jan. 16 58 4046 Jan. 4 50 Jan. 14 3946 Dec. 15 2911004* Jan. 16 9446 Dec. 8646 Dec. 9946 Dec. bonds .page Jan. 29 18 bonds .page Jan. 49 Sale 964* Sale 86 100 97 90 Sale 98 9646 Jan. 87 100 Jan. 87 Jan. 14 Jan. 13 Jan. cl03 102 Jan. 98 Jan. 1014* 10146 100 1346 1246 Jan. 1246 10146 Jan. 1346 Jan. 68 Jan. 4 Sale 4446 Jan. 3746 Jan. 6 82 54 4 15 Jan. 4 6 4446 Sale 2846 2346 Sale 21 58 65 99 12 Dec. 8346 994* Dec. 1246 Dec. 15 65 Dec. Dec. Dec. Dec. 14 40 49 Jan. Jan. Jan. 12 33 21 Jan. 18 30 1146 Dec. 12 4* Dec. 984* Dec. 504* Jan. 1746 Jan. 994* Jan. 4 2346 Jan. 994* Jan. 59 Jan. 4 66 4 Jan. 29 4046 Jan. 4 43 Jan. 36 81 Jan. 30 8646 Jan. 1054* Jan. 25 10746 Jan. 944* Jan. 30 974* Jan. 104 94 82 59 Jan. 48 Sale 37 Jan. 504* Sale 45 52 J an. 9 93 99 Jan. 23 Jan. 13 98 2 9346 Jan. 8346 Jan. 86 Jan. 9 27 9746 Jan. 8 27 87 Jan. 8 8 6346 Jan. 29 51 22 Jan. 6 5 9446 Jan. 7 Jan. Dec. Dec. Dec. Dec. May 82 Jan. 28 89 Jan. 4 80 Jan. 4 80 Jan. 4 89 79 102 5646 Jan. 4 6546 Jan. 984* Jan. 22 56 80 7 92 79 99 6046 Sale 9646 Sale 95 Sale 394* Sale 3746 Jan. Jan. 11 854* Oct. Dec. Nov. Jan. Dec. Dec. 83 Jan. 12 9 924* Jan. ' July 27 i044* July 9 95 May 10 106 , Feb. 4 104 Mar. 10 9246 May 14 104 46 Apr. 27 22 87 42 Jan. 20 3446 Nov. 39 5 23 Dec. 7446 Feb. 11 62 Jan. 19 65 Jan. Jan. 11 14 Dec. Dec. 88 964* Jan. 63 94 96 Sale 93 Sale 93 Jan. 30 96 Jan. 88 2 Sale 83 Sale 83 Jan. 30 70 446 Jan. 6746 Jan. 6746 Jan. 25 6 8846 Jan. 446 Jan. 7246 Jan. 4 5 Sale 684* 10746 Aug. 22 96 Sept. 1 2 O Sale 23 24 23 25 29 A 63 9 7 11 Jan. Sale Sale 70 78 Jan. 33 July 105 Mar. 97 Jan. 89 Jan. 62 46 Jan. 38 Feb. 28 3746 314* 644* 954* J 12 10646 Sept.17 9146 Nov. 9 1064* July 29 10846 May 29 103 May 27 106 88 894* Jan. 25 3046 Dec. 45 4* Dec. 93 Dec. 8046 91 Feb. 994* Jan. 70 Dec. 95 4* Dec. 814* Dec. 5346 Dec. 80 6546 16 9 804* Feb. 100 Aug. 17 11746 Sept.21 11046 May 25 10946 July 15 cl04 July 27 106 46 Aug. 5 1004* Sept. 8 2 854* Jan. 80 Sale 93 4* Sale 83 46 Sale 63 46 70 Jan. 9 100 Dec. 16 13 Sale 5$ Jan. 874* Sale 16 Feb. 18. 80 — 2 11 26 504* Jan. 9 85 Dec. 24 1074* July 16 444* Dec. 24 9446 Mar. 25 90 Dec. 2 107k July 15 894* 924* 5846 20 7 17 13 July Dec. 22 115 83 • 16 8 26 1646 Dec. 28 15 25 Sale 15 Mar. 27 Mar. 24 Dec. 21 10946 July 7 Dec. 21 1054* Aug. 7 964* Dec. 15 1064* July 24 6746 Dec. 28 10046 Apr. 2 98 Dec. 10 10346 Mar. 28 994* Dec. 18 103 Jan. 3 11 14 2446 Jan. 91 July Sept. 101 97 9946 Jan. 10346 Jan. 75 88 Sale 30 2 1 1 1146 Mar. 27 61 6 108 25 Jan. 29 29 Sale Dec. 28 9646 Oct. 146 Dec. 15 89 93 Dec. 22 4* July 446 July 2 25 6546 87 40 246 Jan. 98 80 J 8 May 19 Sept. 4 May 14 Sept. 8 106 8546 9646 — 13 Jan. Dec. 11 Jan. 4046 4446 4046 45 844* Sale 8146 Sale 106 1094* 10246 112 95 95 46 944* Sale — Jan. Dec. 1 29 9546 Jan. 6546 Jan. Sale 994* 1024* -• , Oct. |1004* Dec. 90 12 July 15 Aug. 11 May 8 ! July 10 Dec. 103 99 Aug. 13 May 21 May 25 Jan. Dec. 89 .1957 J 1 9946 Dec. 924* Dec. 65 50 30 13 1 ! 24* Jan. 244 93 k 924* 934* 100 .1953 F i Feb. Dec. 60 9 May 22 Aug. 684* Dec. 102 i 22 Apr. Jan. "56"" 104 ... 2 98 7846 Sale 7846 9044 9546 9146 94 9446 Sale 10144 10246 100 974* 9446 95 Sale 102 S "5546 "644* 92 9346 4 6946 66 70 Sale 684* 7046 934* Jan. 68 29 4 70 Jan. 9 7046 Jan. Jan. 28 Jan. 5 10046 Jan. 854* Jan. Jan. 25 21 9 29i 9446 Dec. 8146 Dec. 3 Nov. 674* Dec. 6246 Dec. 65 Dec. 79 106 105 Feb. Jan. 18 28 June June 100 Sept. 1246 Jan. 96 Jan. 9346 Jan. 5 8 9 9 12 C9846 Mar. 20 part paid ctfs .1937 M N - Rhine Main Danube deb7a Rhine-Ruhr Wat Serv 6a ser 60 50 42 A O 6546 76 J J M 8 J A.1950 J 1950 MN 1952 MN warrants.^.1955 a delivery. 4746 37 70 39 41 ...1453 F Defer fed 97 67 M N 1953 J Direct mortgage gold 6s... 964* 103 8546 Sale 37 76 47 M N 1946 J Rhine-West Elec Power 7a s 21 11 87 Sale 924* A 86,000 211,000 Cons mtge6«_... Cons mtge 6s with 60 83 4* Dec. 3046 Sale 2046 2046 8246 Sale 8846 81 .1940 M 113,000! Sale 81 .1948 I for deb 6s Ac com 8tk._ Cash sale 82 notes.... .1937 F Radlo-Kelth-Orpheum Dec. 11 9 13 29 15 28 £pr* 5 Sept. 14 9544 Jan. 7746 Jan. 9746 Jan. 40 10446 105 Sale 25 O 7s. .1937 J 546% Sinking fund gold 5468 Purity Bakeries Corp s f g 5s— c 2446 2046 6446 Sale .1971 A conv I 9046 Sale Portland General Electric 444®- .1960 M S Portland Gen Elec 1st As .1935 J Porto Rlcan Am Tobac conv J 6s. Postal Teleg & Cable coll 5s Pressed Steel Car 10-year 5s Public Serv E Ac G 1st Ac ref 444®lst Ac ref 446s Jan. Jan. 35 1246 Jan. 75 Jan. 96 Jan. 9544 Jan. 11 5 65 584* 4146 .1952 M N 60 91 2 Jan. 96 23 13 98 49 .1953 F Mar. 146 2 71 D S May 29 July May Apr. Apr. Sept. Nov. 10 40 2 58 1943 A Pirelli Co (Italy) conv 7s Pocahontas Con Coll 1st s f 5s.. Port Arthur Canal Ac Dock 6s— 1st mtge 6s series B 35 95 I 9944 Sale 72 1939 J Phillips Petroleum deb 54*8 Ptllsbury Flour Mills 20-yr 6s 42,000 Remington Arms 1st a f 6s 1937 315,000 Rem Rand 54*8 A with warr.....1947 42,000 Republic Iron Ac Steel a f 5a 1940 30,000 Ref At gen 54*8 A ..........1953 69,000 Revere Cop Ac Br 6s —July 1948 135,000 Rheinelbe Union a f g 6a... 165,000 259,000 O 21 Nov. 100 46 91 404* 1947 M S ! M S 18 50 146 3 66 F 5 Jan. 4646 Jan. 11 Jan. 8 60 1941 M S gold 5s.—. 1st Ac ref gold 4s Punta Alegre Sugar 1st 9744 69 43 .1953 J Jan. 7 Mar. 23 Sept. 17 13 Sept. 21 13 4* July 5 47 Parmelee Trans conv deb 6s_... .1944 A Paterson Ac Passaic G At E 5s .1949 M Pathe Exch deb 7s with warr 1937 M N 2 Jan. 85 814* 40 104 85 D Mar. 23 May 2fl 95 1 4* 102 1950 J is— .1947 J Park-Lexington leasehold 646s. 60 10046 1044* 10046 Jan. .1951 J 5 85 18 100 4146 Jan. 65 Sale 100 D Jan. 90 146 1046 — Sale 15 .1940 J Apr. Nov. 21 100 .1937 J Certificates of deposit Paramount B'way 1st 546* Jan. 10346 107 30-year 5s aeries A— .1952 M N Pan-Am Pet At T conv s f 6s.—. .1934 MN 75 4 Jan. A .1942 J .1936 M Pan-Am Petr (Cat) 1st g 6s 85 100 F F Apr. 14 Apr. 14 21 July F .1941 M 396",000 379,000 376,000 44,000 93 .1963 M Pacific G Ac E gen Ac ret 5s Pacific Pub Serv 5% g notes Pacific Tel At Tel 1st 5s jblix Sale 34 46' Sale 1 ... .1945 M N Oslo Gas Ac Elec extl s 1 g 5s Otis Steel sec g 6a series A Refunding 183.000 O Oriental Development 6s...... .1953 Eirl deb 54® Int ctf......... .1958 Paramount P Sale Sale 146 1957 MN Ontario Transmission 1st 5s 5.0001 318,000 28,000 220,000 210,000 220,000 28,000 10,000 36,000 214,000 486,000 121,000 19,000 3,000 137,000 1941 A —.1934 J Ohio Pub Service 1st At ref 7 44®- .1946 lst At ref 7s series B 1947 Old Ben Coal 1st g 6s 1944 Ontario Power N F 1st 5s._—. .1943 Ontario Power Serv 1st 61,000 3,000 58,000 1947 MN M 8 A..—.1940] ser B 59 6 Jan. 6946 Jari. Sale 3 North American Co deb 5s ...1961 F A North Am Edison deb 5s ser A 1957 M Deb 78 Sale 50 31 j Jan. 984* Sale 92 Jan. 27 924* Sale 95 Jan. 6946 51 78 Jan. 7146 684* Jan. 72 70 Jan. 29 7046 7544 Jan. 52 51 Jan. 26 5546 5546 Jan. 36 35 Jan. 29 3446 39 Jan. 10746 Sale 10646 Jan. 29 10946 Jan. s9746 Sale .s9746 Jan. 28 10246 Jan. 101 103 1004* Jan. 29 10246 Jan. 88 Jan. 27 884* Sale 9346 Jan. Sale ■44 J 13 80 70 1024* 9546 78 Sale — 1962 MN No Amer Cement deb 444® 79 Sale 7044 Jan. 10 Dec. 28 Dec. 22 22 Mar. 23 Sale 74 96 —-.— Ho series B 59",000 Norwegian 32.000 28,000 20,000 10,000 Sale Prices. Dec. Dec. Jan. 40 40 1952 M N 1962 MN 2 12 82k 100 40 J O 1965 J 153,000 348,000 57,000 313,000 227,000 9,000 62,000 28,000 324,000 355,000 459,000 J 1942 J 1942 A Jan. 70 71 144* 9746 - 67 7546 Jan. 26 90 10 Sale Sale Sale 95 444* 5946 1246 Jan. 92 101 Certificates of deposit—Jan A O 1942; Rys Corp inc 6s ....Jan 1965 API Nordeutsche Lloyd (Bremen)— 20-year sf 6s 92,000| 323,000 — J 46,000 New York Steam 1st 6a_. 1947 M N 1st 95,000 mortgage 5s ...1951 M N 813,000 NY Tel 1st At gem f444® 1939 MN 47,000 N Y Trap Rock 1st s f g 6s. 1946 J D 20,000 Niagara Falls Power 1st 5s 1932 J 68,000 Refunding At gen 6s Jan 1932 A O 43,000 Nlag Lock At Ont Pow 1st 5s A 1955 A O 130,000 Niagara Share deb 546s 1956 M N 406,000 Sale Price. Saie Prices 1 68 1931. Highest. 6646 9146 85 90 80 99 46 a 256,666 264,000 162,000 19,000 20,000 54,000 185,000 100 61 a Nat Radiator deb 6 44® Nat Steel 1st coll 5s 544,000 Penn Dixie Cement 1st 6s A 456,000. Penn Pow Ac Lt 1st M 446" 4,000' Peoples Gas Ac Coke 1st 6s.. 90,000 91,000 438,000 27,000 202,000 123,000 239,000 5,000 89,000 107,000 35,000 92 90 1951 77,000 858,000 21,000 65,000 51,000 26,000 1,000 85 1947 675",666; Sale Prices. YEAR Lowest. May 27 7446 404* 70 20 Sale 84",666! 27,000 31,000 Sale Sale "9",000 12,000 26,000 7,000 8,000 41,000 2,000 9146 73 60 21,000 134,000 32,000 197,000 16,000 99,000 119,000 118,000 233,000 111,000 17,000 69,000 J 4156 "4" 000 32,000 165,000 67 50 67 "89"" D 8,000 31,000 7746 6746 96 O 1939 J # 4 44® 60~ o 1955 A D Adjustment income flat 1,126,000 o 80. 1955 C ser ser O .1955 Nassau Elec guar gold 4s 5,000 35,000 33,000 Ask 69 69 54 Sale J 1955 Mutual Fuel Gas 1st gu 5s.. 1947 M N Mutual Union Tel 5s....—— .1041 M N 74,000 RANGE FOR Highest Lowest 70 1,000 National Acme 1st mtge 4s 1942 1,194,000. National Dairy Prod deb 5^i....l948 „ I Ask ,Bid. 67 1941 N Y L B At W Coal Ac RR 544® Dock At lmpt est 5s New York Rye 1st At ref 4s.. 691,000 19,000 J Mortgage-Bond Co 4s series 2_.._ 1966 A O J 10-20-year 5s series 3 ....1932 J D Murray Body 1st 544®—...—.--1934 19,000 5,000 Jan. 30. | 77 H J ——• Gen & re# 10,000 1,000 2. Bid. * I deb g 7» deb atk pur wart—1937 tr ret 11 with 209,000 Jan. nO. Montacatlnl Mia Ac Atfr 8,000 257,000 27 PRICES IN JANUARY. J- N. Y. STOCK EXCHANGE. 30,000 566,000 N BONDS 1931 EXCHANGE-BONDS a o 51 v 75 30 Sale See foreign 20 Sale 55 32 60 Sale 3146 3146 Sale Sale Sale 8446 55 Sale 67 Jan. 23 27 30 Jan. 12 46 Jan. Jan. 15 Jan. 8 4846 Jan. 15 4946 Jan. 274* Jan. 22 52 Jan. 41 Jan. 14 9 30 Jan. 3446 Sale bonds, page 18. 2246 Sale 20 40 60 544* 38 384* 30 38 384* 2946 3846 Sale 2846 Jan. Jan. 4 76 6846 Jan. 19 Dec. 19 954* 92 Dec. 14 65 Dec. 21 102 4* c47 4* Dec. 31 96 55 Dec. 30 101 23 Dec. 17 93 46 65 32 16 •8 44 Dec. Dec. Jan. Jan. May 9 Mar. 12 Jan. 6 Mar. 21 783* Apr. 13 101 46 Mar. 30 Jan. 45 Jan. 8 25 4* Dec. 18 Jan. Jan. 894* Mar. 414* Jan. 4046 Jan. 18 2146 Dec. 18 2746 Dec. 18 88 18 13 10 7 Apr. 10 864* Mar. 10 EXCHANGE-BONDS N. Y. STOCK 28 Jan. 1932. BONDS N. y. STOCK 1931 Dec. 2. Jan. EXCHANGE. 95,000 18,000 3,000 39,000 23,000 Richfield Oil Calif of 1944 6s Certificates of deposit 1955 Rima Steel s f 7a Rochester Gas & EI 5%s ser C.__1948 Gen Mtge 4 %8 2,000 series D Roch & Pitts C 9c I pur money 199",000 227,000 3,000 60,000 40,000 121,000 4,000 5,000 10,000 20",666 -.1977 5s. 1946 1945 1948 Royal Dutch deb 4s with warr Ruhr Chemical 6s ... Lead deb 5%s Ry L H 6c P 1st 5s St L Rky M & Pac 5s stmpd St Paul City Ry Cable 5s St Joseph St Joseph .-1941 1937 1955 1937 1937 Guaranteed 5s 17,000 "21",000 16,000 57,000 27,000 179,000 750,000 722,000 33,000 31,000 68,000 172,000 785,000 929,000 32,000 60,000 46,000 19,000 69,000 253,000 134,000 257,000 78,000 109,000 55,000 155,000 290,000 345,000 35,000 1,014,000 193,000 63,000 1,000 "~2",000 14,000 11,000 278,000 669,000 158,000 991,000 23,000 101,000 505,000 89,000 93,000 159.000 42,000 ' 43,000 33,000 34,000, 41,000! 254,000; 61 ,OOo| 734,000 31,000 184,000, 63,000' 302,000 22,000 37",666. 55,000! 99,000 1,000 10,000 274,000 911,000 112,000 7,000 1,000 14,000 104,000, 14,000 16,000 260.000 126.0001 • 40 30 44 40 Jan. 6 40 62 55 31 40 84% Jan. 2 93 90 J 40 45 J 22 J 26 45 JX 71 Sale 20 Sale Sale Sale Sale 93 89 23 25% % % .... d 100 J 96 84 55 Series June 15 1953IJ D Trenton Gas Ac Elec 1st 5s— 1949; M 9 Truax-Traer Coal conv 6%t—1943 MN Trumbull Steel 1st » f 68.—__._1940(mn J J Twenty-third St Ry imp At ref 5s.1962 Tyrol Hydro-Elec Power 7 Ma 1955 F" Guar sec s f 7s ...............1952 53 Jan. 2! 28 Jan. 19 93% 71% 42% 29% 84 .... 41 70 D 21 Sale 21 26 21 Sale 98% Jan. 85 IP 73 26 Jan. Jan. Jan. 30 42 16 35 23 60 4'100% Jan. 5 100% Jan. 4 101 Jan. 26 98% Dec. 98 Dec. 98% Oct. 41 Dec. 93% Dec. 91% Oct. 70 Dec. 90 Dec. 80 Dec. 48 Jan. Jan. 51 71 Jan. Jan. Jan. Jan. Jan. Jan. Jan. 22 28 27 Jan. Jan. Jan. 29 30: 94 76 6 100 5 11 60 60 20 23 Sale 66 O "28"" 85 D 97% Sale 2 9 82 9 15% Dec. 101% 83% Apr. 15 15 15% Dec. Dec. 16 Oct. 79 83% Apr. 83% Apr. 13 13 15 108 22 5 35% Jan. 15 29 80 Jan. 8 30 91% Jan. 14 79 Dec. Jan. 6 104 Feb. 97 6 Jan. 7, 100 40 47% Jan. 16 5 60 Jan. 29 36% Dec. Dec. 38 Jan. 28 10 Jan. Jan. 27 4 69% Jan. 99 Jan. Jan. Jan. 4 35 Jan. 4l 4 20 Jan. 41 28 Jan. 141 14 35 Jan. 5 40 Jan. Jan. 5 66 Jan. 5! 19; 60 Oct. Jan. 18 28 Dec. 97% Jan. Jan. 14 97 Dec. Jan. 19 6 Jan. 19 Jan. Jan. Jan. 15 5 37 41 100 Sale 7 2 50 2 30 102% Jan. Jan. 2 102 91 95% 8 5 96% Dec. 18 Dec. 18 95 96% 30 101% Jan. 70 5 99 s83 Sale 78 Jan. 2 86 Jan. Sale 26 80 2 97 Jan. 16 76 93% Sale 73% Jan. 83 Jan. Jan. 75 Jan. 28 75 Jan. 2 4 14 15 21 11 60 96% Sale 94% Jan. Sale 66 Sale 65 Jan. 30 72% 27 Jan. 1953 1948 J 20%' Sale Jan. 4 J 20 J 72 29 Jan. J Jan. 77 Jan. O 97% Jan. M S 97 6 5%« 1937 with war.. 10 Jan. J 6 8 J 46% Jan. 96% Jan. 8% Jan. 65 A 4 1953 Jan. 6 9 Jan. 20 11 8% Jan. 3% Jan. 14 10 Jan. 20 3% Jan. 5 6 WA 9 15 3% J 6s.....1933 M_S IS- 10 6 23% Sale 71 69% Sale 59 97% 95% 14% 9% 18 9% 11 9% 9% 3% 2 2 7 2 85 90 88 Sale A 0 78 A 1941 1941 9% O 60% 78% j J 65 Sale 68 O 62 70 68 5 5 7 15 18 12 12 13 9 6 90 9 61% Jan. 63% Jan. 4 Jan. 4 79 68% 22 Jan. 22 Jan. Jan. Jan. 75 Sale 3% Jan. 83% Jan. 62% Jan. 62% Jan. 70 Jan. 70 Jan. 3% Jan. 87 61 A 1970 8 91% 62 J Tu 1st 5s A 1978 69 10 62% Sale Certificates of deposit 18 107 Jan. Jan. Sale J 19 31 Dec. 96% Jan. Sale MN Jan. 16 110% July 99 70 .1940 June 30 Dec. 98 97% Sale Wlckwlre-Spencer Steel 1st 7s...1935 Ctfs dep Chase Nat Bank... MN Wlckwlre-Spen Steel Co 7s..Jan 1935 Ctfs dep Chase Nat Bank........ Mar. 20 91 29 105 Sale 76 Sale 23 18 Sale M S deb 6s—1936 16 Dec. Sale 78 64 7 5 73 27 Dec. 99 M N Jan. Oct. 98 J Jan. 30 Jan. 90 May 21 Feb. 25 6 Feb. 3 69 23 106% Mar. 21 17% Jan. 10 26 99% Oct. 100 A 49% 16 101 12 21 19 16 46% 6! 85 Sale lOl" 98% Jan. Jan. Sale 17 j 22 100 30 104 98% ....1951 1960 Deferred delivery. 25 Jan. Jan. 1st M 58 series B__...l.... 5 9 Feb. 99 68 Youogstown Sheet Ac Jan. 97 97 32 Sale 7H> 74% Oct. 66 69 Winchester Repeat Arms May 19 2 Sale Wilson fit Co 1st s f 6s____ 25 65 4 73 Willys-Overland 1st a t g Mar. 23 19 D White Sewing Machine Without warrants Partlc s f deb 6s 90 79 Jan. J Wheeling Steel Corp 1st 5 Ma 1st and ref4H> series B 20 20 Dec. 231 Dec. 30 Jan. 86% Sale Westphalia Un El Pow 6s Oct. 28 A — 25 66 Jan. Feb., 27 Apr. 10 85 Dec. 30 105 66 40 Jan. 22 Dec. 31 Sale 9 45 Sept. 25 70 44 Mar. 20 76% Mar. 20 87 July 21 Dec. 29% •6 84 61 92 65 J 101 9, Jan. 11 D| 4 6 10 22; 66 Sale June July 11 107% July 22 113% Apr. 2 Dec. 5 25 8 Alar. 11 Dec. 12 Jan. Jan. 22 15 Apr. 17 15 % Sept. Dec. Jan. 14 Mar. 31 71% Dec. 49 27 103% 96% Jan. 99 Sale 14 4 60 5 Jan. Jan. 30% Sale 57 11 99 1 15 102% May 27 32 "22" Sale" 99 101% 104 100% 101 16 105% July 9 2 30 J J 27 6 Jan. 20 66 8 Feb. 10 8 1 13 97 15 Jan. 45 69% 28 Jan. 75% Jan. 43% Jan. Sale Jan. 62 15 69% 97% 24% Mar. 13 73 108 Dec. 87% Jan. 7 14 28 101 21 Dec. 75 Sale 6 104% May 29 Dec. 22 40 14 1 35 Jan. Jan. Jan. May 20 18 103% May 23 39 Jan. Sale 15 31 103 13 85 97 9 Mar. 14 30 100 96% Apr. 10 Oct. 24 Doc. 15 102% July 18 30% Jan. 30% Jan. 92% Jdn. 100 Jan. 20 4 101 Sale 14 Mar. 23 Oct. 26 106% 44% 42% Jan. Jan. 12 2 Sale May 16 June 17 59% Jan. 83% Jan. Jan. 47% Jan. 23 12 26% Sale D 11 40 61 O Jan. Jan. 109 50 Dec. 16 91% 100% Dec. 12 107% 25% Dec. 29 72 5 100% 52% Oct. 10 Dec. 28 26% 00 Jan. "87% Nov. 13 100% Mar. 12 40 38 6 A 86 2 78% 11 20 22 89 July 58 5! 48% July 11 27 30 79 102 6 Jan. Jan. Sale 17 108 15| 10 Jan. 5 Mar. 23 Jan. 7 99 85 % Dec. 29 101 Sept.14 50% Dec. 14 cl01%Sept. 2 92% Jan. 14 A 22 88 Jan. 21 86 47 S 23 68 27 103 O 27 30 45% Sale 43% Sale A 66 39 18 98% Jan. 21 "34% 90% Sale M 14 12 37% Jan. 89% Jan. Sale 20 io5" 22 Jan. Jan. 49 Jan. Jan. 88% 83% 10 Dec. Dec. Dec. Oct. Oct. 93 83% 28 17 Feb. Dec. 22 107% July 81 27% Sale 30 27% 90 9 July 45 29 78 N Jan. 1 98 26 40 12 9 18 51% Jan. Sale July 14 Jan. 50 Jan. Jan. 87 38 Jan. 18 June 25 97% Dec. 18 July 11 98% Dec. 17 80 Dec. 28 May 1 9 98 % Dec. 17 105% Jan. Mar. 9 85 Dec. 18 Jan. 10 21 Dec. 21 Jan. 9 1 Dec. 14 Aug. 25 % Dec. 31 June 1 100 Dec. 151 87 39 Mar. 21 29 Oct. 15 50 Sale Mar. 21 24 9 63 .... 38% 48% Aug. 14 16 15 12% 86 17 29| 76 16 60 Sale 61 60 99% Sale 99% 100 99 99% 99% 99% 99% 98 100% 97 10D% 48 60 39% 95 99% 99% 87 95 % s73 99 92% 91% 97 69 Sale 72% 77% 69 88 91 88% 90 94% Feb. 20 May 18 Mar. 13 31 Jan. Jan. 99 Mar. 18 Dec. 31 Jan, 41 9 9 5 98 26 40 13 Jan. 90 22 Aug. 19 62 55 91% Sale 36% Dec. 90 Dec. 15 Dec. 25 Oct. 71 Dec. 64% Dec. 90 Dec. 88 Dec. 39% Dec. 2 Sale 45 23 27 20 Sale 7 13 45% Jan. 21 48 45 41% 55 92% Jan. 89 Jan. Jan. 94% Jan. Sale 51% 25 8 2 13 101% Jan. 9 100 Jan. Jan. 20 2 25 13 5 5 Apr. 91% Jan. 90% Jan. 38 Dec. 17 1% Dec. 30, 48 Dec. 11 21 4 Jan. Jan. Jan. Jan. 53 10 24 75 15 56% Dec. 18 57 Dec. 17 / 19 ..1944 Gold 5s s 92 6 60 F 5s Cash sale, 12 60 Sale 96 92 Jan. 18 92 Jan. 30 109% June Oct. 27 Dec. 18 44 40% Jan. 30 41% Jan. 4 86 Jan. 15 72% Jan. 4 82 Jan. 15 68 Jan. 96 Jan. 14 6 91% Jan. 4 93% Jan. 22 89% Jan. 47 Jan. 14 5 43 Jan. 8 100% Jan. 26 98% Jan. 89 Jan. 13 4 80 Jan. 97% Jan. 28 100% Jan. 96% Jan. 29 101% Jan. 85% Jan. 20 90 • Jan. 99% Jan. 28. 101% Jan. 92 Jan. 4 87 Jan. 28 Jan. 21 '4 23 Jan. 2 2% Jan. 2% Jan. 19 coll tr cur 5s....1938 Fund Ac real est 4Ma gold 1950 15-year 4Ma gold.... —1936 c Jan. Jan. 22 s73% Sale 46% 48 35 35% 85% 90 56% Sale 98 Sale 56 12% Sale 96 Western Union WIMte Eagle Oil 87 Jan, 26 25 J Electric deb 5s 56% Jan. 50 45% Sale Western 2 Jan. 94% Sale 297,000 169,000 65.000 255,000 273,000 394,000 440,000 181,000 169,000 135,000 3,000 81,000 63,000 3,000 16,000 30,000 81,000 5,000 216,000 24,000 125,000 199,000 165,000 Jan. 26 3 7 52 24 48% Oct. 82 2 Jan. Sale 87 Sale 31 Eloctrlc Light (Ltd) 9 59% Jan. 3% Jan. 77 Jan. 100 73% Sale 44% Sale J O J 30 42 100 50 Sale 46 g d O Jan. 2% Jan. 71 Jan, 45 Bonds, page 18. 100 95 101 100% See Foreign July July 99% July 16 100 Feb. 7 57 May Dec. 14 48 50% Jan. 13 Jan. 44 Jan., 78 Jan. 15 70% Jan. 21 70% Jan. 20 4 4 4 Sale 89 2 Jan. 66% Jan. 58 Jan. 58 Jan. 98% Sale 96% 97 8551 89 99 % Sale 3 6 2 16 Sale 88 Sale '30 M 2% Sale Jan. 12 45M Sale 100% Sale Sale 8 Jan. Sale Sale 95 Sale 87% Jan. Jan. Jan. 42 40 % 95 Sale 101% 54 70 83 % — 94 31 Dec. Dec. Dec. 75 Dec. 45 Dec. 20% Dec. 88 Feb. 94 Nov. 6 48 Sale Sale 79% 80 42 50 18 22 84 Jan. 18. 91 25 90 92 66 17 Jan. 25 18. 51% Sale 2% Sale 75% 78 52% 59% Sale 9 75 92 84 32,000 59,000 M 207,000 Ujigawa Elec Power 7s.. .1945 M 1932 M N 193,000 Union El L Ac P 1st g 5s (Mo) Refunding 5s — 1933 322,000 J 169,000 Union Elec L Ac P (III) 1st 5%«—1954 A O 1945 F A 13,000 Union Elev Ry Chic 1st 5s 39,000 Union Oil Cal 30-yr 6s ser A May »942 £ O First lien s f 5s ser C Feb 1 I9J! 77,000 Deb 5s with warrant Apr 1945 J D 105,000 United Biscuit (Amer) deb 6s 194 i MN 30,000 M 8 247,000 United Drug Trust receipts 5s..l953| 82 85 75" 1939 M 96",000 1941 J 92,000 Warner Sugar Ref 1st 7s Wainer Sugar Corp 1st 7s 1939 J 5,4)00 Stamped July 1931 coupon '39 J 60,000 1941 M 126,000 Warren Bros Co deb 6s .1939 J 11,000 Wash Wat Pow 1st 30-yr 5s 1950 J 36,000 Westchester Light gold 5s 103,000 West Penn Pow 1st Ss series A...1946 M 1st 5s series E 1963 M 119,000 1st secured 5s series G 1956 J 107,000 57,000 34,000 13,000 138,000 110,000 67,000 Sale 78 MN , IW N Without warrants. i",666 299.000 151,000 60,000 154,000 270,000 218,000 325,000 303,000 136,000 56,000 5,000 21,000 12,000 2,000 82 Jan. Jan. Jan. 25 Warner-Qulnlan deb 6s " 25 20 21,000 !Va Iron Coal Ac Coke 1st g 5s....1949 125,000 I Virginia Ry Ac Pow 1st 5s 1934 54,000 'Walworth Co 6%» eer A (with war) *35j Without warrants.__ 10,000 1st s f 68 series A 1945 52,000 872,000 Warner Bros Pictures conv deb 6sl939 16,000 Warner Co 1st 6s with warrants.1944 12", 660! 72 Sale O 1934 J 39,000 United Rys St L 1st g 4s 658,000 0 S Rubber 1st Ac ref 5s series A..1947 M 1932 J 12,000 United Steamship 15-yr 6s 298,000 United Steel Wks g *%• ser A...1951 Series C 1951 88,000 Sinking fund deb 6%s eer A...1947! 397,000 28,000 United St) Wks(Burbach) s f g 7s 1951 12,000 ''niversal Pipe Ac Rad deb 6s....1936 1953 54,000 Unterelbe Power Ac Ltg 6s 58.000 Utah Light Ac Trac 1st At ref 5s._1944 142,000 Utah Power Ac Light 1st 5s—.—1944 i Utica Elec Lt Ac Pr 1st s f g 5s 1950 .1950 31",000 Utica G Ac El ref Ac ext 5a__ *47 251,000 Utilities Pow Ac Ltg deb g 5%s Debenture gold 5s 1959 1,143,000 151,000 Vanadium Corp (Am) conv 5s...1941 1942 69.0001 Verttentes Sugar 1st a 17s. — 1952 6,000 .Victor Fuel 1st s f 5s 138,000 3,000 5,000 43,000 349,000 6,000 5,000 85,000 23,000 2 6 27 98 Sale A El Pow 1st 4%s I 5 "75" Sale 1st M 61 % 5,000 69.000 60,000 7,000 26 13 25 72 J Tokyo 789,000 Jan. Jan. 92% Jan. 39 Jan. 72% 74% 82 O , 239,000; 45,000 41,000 95 90 A 1,421,000 1951 339,000 Stand Oil (N Y) deb 4%« 1945 90,000 Stevens Hotel 1st 6s series A 33,000 Sugar Estates Orients 7s__. 1942, Certificates of deposit.. 1,000 6,000 Syracuse Lighting Co 1st g 5s 1951 j J Taiwan Elec Pow 5%« ... 1971 1951|J 9,000 Tenn Coal Iron Ac RR gen s Tenn Copper A Chem— Conv deb 6s series B ...1944 M 34,000 1947 J 220,000 Tenn Elec Power 1st & ref 6s 1944 A 1,217,000 Texas Corp conv deb 5s 217,000 Third Ave 1st ref 4s 1960 J 768,000 Adjustment Income 5s Jan i960 A 1937 J 4,000 Third Ave RR 1st gold 5s 149,000 Toho Elec Power (Ltd) 7s ser A. .1955 440,000 6% gold notes 1932|j . Jan. 96 92% Jan. M N 1952 J D 1% Shubert Theatre deb 6s 1942 J D 60 Siemens & Halske sec s f g 7s 1935 J J 42 Debenture • f 6H» 1951 M S Sierra & San Fran Power 1st 5s..1949 F A 17 % Silesla-Elec Corp gold 646s 1946 F 41% SilesianAm Corp coll tr g 7s.. 1941 F 74 Sinclair Cons Oil 1st lien 7s 1937 M 72 1st lien coll 6 Hs B 1938 J d 93 Sinclair Crude Oil 5 %• series A..1938 J J Sinclair Pipe Line 20-year 5s 1942 A O 90% 43 Skelly Oil deb s f 5 Ma 1939 M S 98 Smith (A O) Corp 1st 6 Ma 1933 M N Solvay Am Inv sec g 5s A 1942 M s 79 % 99% South Bell T Be T 1st s f 5s 1941 101 Southw Bell Telep 1st Ac ref 5s...1954 90 Southern Colorado Power 1st g 6s '47 100% Stand Oil (N J) deb g 5s..Dec 15 1946 Shlnyetsu 119,000' 34,000 36,000 31 75 84 % Sale Public Serr 6s 1952 J J See Foreign Bonds, page Saxon Pub Works (Germany) 7s_1945 See Foreign Bonds, page Gen ref guar serial gold 6%s._1951 48 53 48 54 Schulco Co guar 6H« 11946 J 65 Sale 09% 70 Guar sinking fund B 1946 A 10 42 44 Sharon Steel Hoop s f 5%« 1948 F A 73 Sale 67% yji Shell Pipe Line s f deb 5s. 1952| M N 67.70% Sale 58U 60 Shell Union Oil s f deb 5s 1947 MN s 70% Sale 59 Deb 5s with warrants 1949 A o! 58 339,000 411,000 324,000 592,000 33 28 11% Jan.. 16 Jan. 14 2 14 Sale 97 98 M 10% Jan. 11% Jan, San Antonio 97,000 110,000 27,000 69,000 32,000 102,000 214,000 471,000 335,000 379,000 190,000, 160,000! 106,000 2,000 A F M 14 17 Highest. Sale Prices Sale Prices. 67 Jan. 30 cl0% Dec. 31 10% Dec. 29 60% Mar 23 29% Dec. 15 88% Feb. 9 97 Dec. 30 107% Sept. 14 95 Nov. 19 103% May 22 Sale Prices. Sale Prices. Ask 1931. YEAR Lowest. Highest. Lowest Jan. 30. 1 Ask. Bid. 12 % 10% Sale 11% 10% 12 14 14 39 Bid. 43,000 8,000 8,000 RANGE FOR JANUARY. PRICES IN SALES IN Dec. Dec. Dec. Dec. Dec. Aug. 14 June 5 July Aug. 11 102% July Aug. 15 111 18 104% Aug. 27 25 20 19 13 m Aug. 18 107 18 107 ri 56% Dec. 18 17% Dec. 15 5 103 52 Oct. 4 Mar. 10 Mar. 11 Feb. 20 8 Jan. 92 46% Dec. 31 95 Dec. 28 103% July 40 May 14 20% Dec. 8% Dec. 29 7 Oct. 16 2 Dec. 24 1% Dec. 16 1% Dec. 29 1 % Dec. 17 85 Dec. 16 78 Dec. 24 26 Apr. 20 28% Apr. 24 48 % Dec. 18 Dec. 17 52 21 19 46% Apr. 23 44% Apr. 13 10 Jan. 10 8% Feb. 24 Mar. 10 i?g Mar. 10 83 Jan. 101% Sept. 1 Feb. 21 101 i 6 63% Nov. 18 6 103% Feb. 101 Apr. 23 York Stock Exchange New MONTHLY AND YEARLY RECORD \ STOCK PRICES DURING JANUARY 1932. RANGE OF Stock. Sales. January Shares_ case of stocks which sell only in AGGREGATE SALES 1932. Shares. 2,300 11,000 380,600 6,100 4,200 210 8c \ lcksburg Atlan Coast Line RR Baltimore & Ohio Preferred Bangor 8c Aroostook Preferred 100 i_I00 100 50 100 ___50 650,000 Bkln-Manbat tr ctfs * 49,030 Trusts ctfs pref * 47,425 Brooklyn & Queens Transit.* — 5,000 3,600 2,500 1,000 24,200 Preferred * 10,300 Boston & Maine 1,760,710 Canadian 102,000 —100 Pacific 25 300 Canada Southern 400 100 1,070 Carolina Clinch & O 2,640 Stamped 10,850 Central KR of N J 2,259,670 Chesapeake & Ohio 78,100 Chicago 8c Alton """800 .100 com 100 ..100 25 Bid. Jan. Ask 100 0% preferred... 230 179 102 % 105 69 } 72 53 Jan. 30. 2. Ask. Bid. Lowest. Ask. "9", 65O 33,000 309,500 14", 900 76,900 375,400 Chic Mil St Paul 8c Pacific .* 623.700 ' Preferred .100 163,150 2,400 47,700 6,000 5,000 456,745 Chicago & North West... 100 17,400 Preferred 100 485.440 Chic Rock Isl & Pac. 100 36,000 7% prefferred ..100 32,200 6% preferred 100 590 Cleveland Ac Pittsburgh 50 ..100 150 223 200 Sale — Special 50 L 3,100 Colorado 8c Southern....100 400 630 250 1st preferred 2d preferred 83% Sale 82 77 80% 83% Sale 34 38 Sale 27% Sale 15% Sale Sale 33 57% 107% 108 84 Sale 17% Sale 31% 33 Sale 19% 20% 73% 20 22 75 80 32% Sale 68% 72 7% 8 37 Sale 46 9 50 10 Sale 14% Sale 60 Jan. 75% 76% 25% 12% 27% 18% 67% 19 150 Jan. 19 100 225 Jan. Jan. Jan. Jan. Jan. Jan. Jan. 42 60 % 84 % 8 Sale 91 10 8* 56% 75 39% Sale 52 85 96 98 194% 225 40% Sale % — 71% £}* 48 14 11% Sale 30% Jan. 68 8 Jan. 5 13 21 9 7 7 10% Jan. Jan. 8 9% Jan. 52% Jan. 14% Jan. 14 13 9 16 Jan. 46% Jan. 10% Jan. c 16 41% Jan. 75 Jan. 20 69 Jain? ~ 15 40 60 80% 67 61 65 68 70 74 80 28% 61% Jan. , 22 26% 70 Jan. 78 Jan. 20 Sale 25 Jan. 31% Jan. 14 1 6% Sale 19% Sale ..... 3% 10% 5 1 5 % 18 1% 5% Sale 9% Sale 34 Sale 95 103 47% Sale 92 95 3% 12% 2% Sale 2% 4% 83 77 86 82 [ Feb. 24 13% Dec. 7% Dec. 14 Dec. | Jan. 27 Sale Sale Sale Jan. 31 Sale 25% 13% 17 9 20 21 Sale 20 18 11 2% 22 7% 58% 28* 22 54 15 Jan. Jan. 22 16% Jan. 27% Jan. 24% Jan. 8% Jan. 22 67 11% Jan. 14 14 60 35 30 67 35 30 12 10 Jan. 11 Jan. 2 10 8 i Feb. 10 \ July 7 i Feb. 10 i Jan. 23 I Feb. 10 Mar. 18 Mar. 24 Jan. 28 ' Oct. Mar. 9 I May 28 Jan. 9 Jan. 7 : Mar. 18 Dec. 16 11% Jan. 15% Dec. 29 i Dec. 30 44% May 7% Dec. 39% Nov. 20 Sept. 15 50% t 10% Dec. 63 31 9% 12 Dec. 17 11 Jan. 5 12% Jan. Sale 27 5 Feb. 10 15 Jan. 11% 10% ' 1 % Sale 37 Feb. 1 2% 40% 34% Sale Apr. 30 Dec. Dec. 13 6 7% 69% 23% % % % June 24 Feb. 9 14 4 Sale 15 [ Feb. 24 Jan. Dec. Dec. 105 10 6 10% Dec. 56 June 20 [ June 27 Feb. 20 3% Jan. 5% Jan. 1% Jan. 1% Jan. Sale 67 s 1% Jan. 2% Jan. 25 4 6% ..... 6% Oct. Dec. 29 46 10 Dec. 17 3 Sale Jan. Sale 51 Feb. 25 6 Mar. 2 [ Feb. 11 4% Jan. 15% Jan. 1% Jan. 3 29% 43 25 3% Jan. 9% Jan. 1 4 100 Sale Sale 15% 11% Feb. Dec. 13 5 100 27 7 July Dec. Dec. Sept. Dec. Dec. Feb. Dec. Dec. Sale 98" 105"" 63 72 75 79 62 Sale Jan. Jan. 31% Oct. 60 56" "67"" to Prices. 5 7 Jan. 112% Apr. 20 i May 27 Jan. 14 94 79% Dec. 17 203 I Feb. 24 86 Jan. 18 x75 Dec. 31 i Apr. 19 Dec. 17 25 Jan. 23 41% Jan. 14 Dec. 17 14 21% Jan. 21 i Feb. 24 Dec. 14 25 41% Jan. 14 * Feb. 27 Dec. 18 18 24% Jan. 14 I Feb. 26 Dec. 80 79% Jan. 15 £ Mar. 9 41 100 60,900 Consolld RR of Cuba pref.100 2,450 Cuba RR pref 100 600 1931. Highest. Sale Prices. Prices. 10 Chic Indianap & Lou 1st pflOO 100 YEAR Lowest Highest. Sale Prices. 150 Sale Sale .100 210 C C C 8c St Louis pref....100 164,300 Chicago Great Western._ 100 Preferred Bid. 97% Oct. 100 400 Chic 8c East III RR 5,866 900 basis of 100-share RANGE FOR 100 Allegh 8c West Ry 6% gtd_100 Atchison Top & S Fe 100 Preferred 100 100 Beech Creek RR 115",600 are on Option sales are disregarded. PRICES IN JANUARY. 1931. 10,000 Alabama 136",600 Prices 2,763,567,550 Price Par. 90,200 988,548 70,800 72,050 2,037,855 47,345 39,800 2,600 1930. ___3,050,608,850 Jan. 2 20,006 Albany & Susquehanna.100 220 10 398,400 small way. STOCKS Shares. 120 a N. Y. STOCK EXCHANGE 12 Months 1931. January 1931. Jan. 1 to Dec. 31.. Oct. 3 1915, all stocks are now quoted dollars per share, rule or the Stock Exchange, effective a 1931. $257,045,700 1930. 810,038,161 576,818,412 la accordance with lots, except in the 1932. $292,383,000 January _-l 42,423,343 34,362,383 1931. Jan. 1 to Dec. 31 Bond Sales. 1931. 1932. Dec. Dec. Feb. 24 Feb. 11 14",500 190,400 Delaware & Hudson 10,0 249,076 Del Lack 8c Western— 50 22,400 Denver Rio Gr 8c Wes pref 100 457 Detroit & Mackinac Ry 100 50 Preferred 100 1,900 Duluth South Sh 8c Atl—100 2,400 Preferred.... 100 321,300 Erie 100 66,700 First preferred .100 13,600 Second preferred... .100 120 Erie & Pittsburgh. 50 469,850 Great Northern pref 100 110 Green Bay & Western 100 21,900 Gulf Mobile * Northern..100 10,760 Preferred ..100 2,860 Havana Elec. Ry 38,100 1,600 480 250 """166 23,300 7,800 1,900 41,506 600 1,300 Preferred.. 650 300 418,640 Illinois Central 6% prof series A 6,261 170,700 620 590 53,100 20 10,200 1,300 7,700 96,000 Louisville 23,300 690 53,900 320 409,600 3,190 Market Street Ry 200 900 1,500 1,380 47,600 26,447 119,600 197,000 500 Sale 35 42 60%58% Sale 40 18% Sale 66% Sale % 1% 71% 60 8% 41 -V—100 L New York Central 50 100 N. Y. Chicago & St Louis.100 Preferred .100 New York * Harlem...... No Dar value. % "35" Sale" 54 % 4 2% 8% 17 Sale 35 3 60 . 14 64 13 9 Jan. 15 5% Jan. 6 17% Dec. 3% Dec. 5% Dec. 10 Nov. % Oct. % Dec. Jan. 6 10 Jan. 27 1% % % % 8% Sale 10% 12 7% Sale % 5% 7% 6% 83 % Jan 28% Jan. 4 5 5 20% 35 10 4 % 27% 45% 10% 10 Jan. 27 % Jan. 18 Jan. 22 5 13% Jan. 9% Jan. Jan. Jan. Jan. Jan. 28 16% Jan. 5 11 8 7 Jan. 12 11 16 8 Jan. 13 % 8 27% Sale 45% 60 27% Jan. 45% Jan. 9% Jan. 21% Jan. 30 11 4 23 Sale Jan. 29 4 10 12 8% 6 20 Jan. 12 5% Jan. 4 J "2 2% 2 ir 3% Sale4 45 26 Sale 70 Sale 30% Sale 88 Sale 76 71S *1 75 79 2 5% % 85 Sale 121 8% % 9 11 Sale 21 10% 22% 12 Sale 26 8 Sale % 11% ' 4% 12% 30% 38 10% Sale 1 % 7 13% 50% 15% % 6% 5% 5% 5 % 1% 2% 9 7 5 Sale 6% 18% 9 14% 5% Sale 3 5 30% Jan. 18 48 29 40 22 18 15 Jan. 15 25 14% Jan. 11% Jan. 28 7 21 4% Dec. 114 120 14 28% 6% 10% 108 8% Jan. Jan. 6 2 13% Jan. 23% Jan. 22 18 Dec. a 5 Dec. ] 8 Apr. Dec. Feb. 12 14 26 6 38 Jan. 14% Jan. % Jan. 2% Jan. 18 25 29 7 5 15 29 8 Jan. 23 % Jan. 1% Jan. 12 9 18 15 Dec. 6% Dec. Dec. Dec. 5% Dec. 4 22 10% Dec. 15 Jan. 4 26 Jan. 26 50% Jan. 15% Jan. % Jan. 2 12 23 50% Jan. 27% Jan. % Jan. 12 16 14 2 91* Sept. 16 1* 18* Dec. Dec. 50% Dec. 12% Dec. % Oct. Mar. 94 June 25 Jan. 5 36% Jan. 15 4 Jan. 2 12 24% Dec. 2% Dec. 6% Jan. 5 9% Jan. 15% Jan. 22 Dec. 30 125 30 22 22 Jan. Feb. 28 3% Feb. 17 10% Feb. 25 22 Jan. 106 39 22 Dec. 14 Dec. 29 1 Dec. 29 5% Dec. 17 Dec. 17 11 2 27 18 11 5 12 Feb. 28 26 5% Jan. . 61 Jan. 20 Jan. 15 xlOl 145 Sept. 105 Jan. Dec. 9 24 Jan. Jan. Jan. Jan. Jan. Jan. 2 9 Feb 20% Dec. : '9 Jan. Jan. Jan. Jan. 8 Feb. 26 ] 18 Sale Sale Dec. 32% Jan. 4 11% % Dec. 5 151 % May i 6% Dec. : 15 28 23 Mar. I Feb. 28 Mar. 7 Feb. 28 Feb. 11 Jan. 20 Dec. : Dec. 5 4 7 Jan. Jan. a 4 4% Jan. 11% Jan Sale Feb. 24 Feb. 5 Dec. Dec. ' Dec. ] Jan. Sale Sale % Feb. 17 Feb. 9 9% Dec. i 2 9 Mar. 18 Feb. 24 i 21% Jan. 8 25 9 10% Jan. 2o 7 9 65 Sale Jan. Jan. 16% % % Sale 3 Jan. 55 Dec. : 4 17 Jan. 3% Dec. ! 36 7 21% Sale 4 Jan. Feb. % Sept. 4% Nov. i 26 % Dec. I 2 10 Mar. 13 % 3% 3% 12% 7% 21% Sale "29% 108 8 Sale % "25 % Jan. 2% Jan. Sale 9!* 5% 1 2% Sale 16 Jan. 10 15 Sale Apr. 22 Feb. 24 Mar. 2 3 18 25 2* h 32 12 1 30 2% 5% 3% 9% Dec. 14 175* 18 1X4 6 10 175 Sale 113 114% Sale 74 82% ""2% "~3" 9 Feb. 24 Feb. 27 Jan. 5 60% Sept. 15% Dec. 18% Jan 26% Jan 9 i Jan. Dec. Dec. 7 Nov. 30 Jan. 21 Jan. 1C ; Dec. Jan. 1% 26 37 5 8 Feb. 14% Jan. 4 21% 30% Sale 14 Jan. 67 14% Sale Sale 25 60 11 5% Sale Feb. 25 Jan. 6% Dec. 10 5 14% 1% 4% 28% 55 25 8 1% 30 40 99 < 6 10 % % 6% Sale 7% Sale 5% 6% 140 165 Ex-dividend. 47 % 50 x Sale 34 3,010 Nash Chatt 8c St Loulsl—100 15,200 Nat Rys of Mex 2nd pref..100 1st preferred 100 4,850 65% Jan. 18% Jan. 4% Jan. 5 "5% "16" 10% non-cum pref.50 300 N Y Lackawanna 8c West. 100 • Sale 26% Sale ...100 ..100 Sale 5 % % 25% 78 ......100 ... Sale 7% Sale 10 21 112 59 Sale 100 670 Morris 8c Essex 70% Sale 108 52 100 443,000 Missouri Pacific Preferred 226,800 80 100 Prior preferred 79 22 Sale Sale Sale 2 25 Sale 109 5 — 90% ....... 10,108,785 45,200 35,000 16,835 100,000 40 100 460 New Orl Tex 8c Mexico ....100 1,166,016 8,900 13,800 1,305 28^ Sale4 Sale 20,800 Minneapolis & St Louis..100 100 25,650 Minn St Paul & S S M Preferred. 100 1,207 Leased line.. 100 3,250 * 587,700 Mo Kan-Texas Preferred 100 122,850 20 790 1 53 50 Second preferred 10,100 920 "T,I6o % 72 .100 Preferred... 820 10 "20" !"" 37% Sale ...100 70% 19% 5% 100 8c Nashville Mod guar.. • Sale 100 Manhattan Ry guar 3,213 , Sale 20 Leased Hue stock.. 100 1,480 RR sec stock ctfs 1000 5,070 330,400 Interboro Rapid Transit..100 Certificates of deposit.. 100 17,700 3,040 Int Rys of Cent Amer. 550 Certificates..... ______* Preferred 100 2,563 .....100 1,240 Iowa Central 60 Joliet 8c Chicago RR 7% pflOO 101,100 Kansas City Southern 100 Preferred........ ...100 17,950 50 110,200 Lehigh Valley 610 80 28% 100 110,600 Hudson & Manhattan 8,666 Preferred 7,000 136% 137 Feb. 18 6% Feb. 17 % Jan. 12 11% Feb. 10 14 July 28 45 Mar. 11 26% Jan. 29 85 16 Jan. 42% Feb. 21 107 §5% 80 1.43^ Feb. 11 Apr. It Feb. 25 Jan. 5 Feb. 9 Feb. 24 94 227 Feb. 24 Feb. 11 Mar. g Feb 24 145 110 June 88 Sept. 10 4 N. Y. STOCK 30 AGGREGATE SALES. In 12 Months N. Y. STOCK EXCHANGE 100 800 11,000 180 10 140,500 . Bfd. Par. 100 740,250 NYNH& Hartford Preferred..............100 57,330 6X 212,700 N Y Ontario 8c Western..100 * 15,800 M Y Ryu of 18,950 Norfolk Southern........100 .J* 100 198 128,050 Norfolk Ac Western... 90 Preferred..............100 5,850 87 Northern Central.... ..50 1,410 47 686,720 Northern Pacific.........100 2 Pacific Coast .........100 5,800 i7oS* 920 200 3,700 1,070 1,285 10 600 10 First 940 242,500 2d preferred...........100 preferred.........100 50 2,355,640 Pennsylvania.......... 4,400 Peoria 5c Eastern........100 21,700 Pere MarqueJ$0*t5Vl 100 Prior preferred........100 8,975 Preferred .100 4,230 100 Phfla Rapid Transit Co...50 150 Phlla Rapid Transit pref._50 15,000 Plttsb A West Virginia..100 60 Pitts Ft Wayne 8c Chicago. 100 Preferred 520 10 100 .... """300 20 Pitts Youngs 5c Ash pf 7% 100 ...50 155,000 Reading Company First preferred. 50 5,700 Second preferred 50 20,600 240 Rensselaer 5c Saratoga...100 100 5,500 Rutland RR. pref 34,700 31,910 322,520 173,110 "6", 800 700 400 3,100 800 25,300 2,600 331,189 51,600 8,600 500 ~i4~,iod 900 270 103,700 St Louis-San Francisco..100 Preferred Seaboard Air Line 421,400 Preferred .100 42,800 100 1,005,897 Southern Pacific Co 100 1,189,905 Southern Railway Preferred 100 39,950 Mobile Ac Ohio certlfs_.100 11,300 .100 2,800 Texas 5c Pacific 100 123,400 Third Avenue 36,010 Twin City Rapid Transit.100 Preferred .100 3,074 ...100 707,442 Union Pacific...... ... ..... 2.600 Preferred 65,950 230,800 79,550 100 10 Vicks Shreve 8c Pac 5% pf.100 19,000 1.400 2,900 Wabash .........—100 Preferred 4,800 500 50 52,900 30 3,800 1,200 2,300 16,700 51,400 2 4 0*560 1,600 98,400 15,000 1,500 3,500 400 219,600 52,700 17,620 2,380 1,026,700 8,390 95,900 38,500 68,300 37,700 1,452,400 121,940 7,088,300 26,500 2,145,210 101,100 19,000 23,650 Abitibi Power Ac P "'"156 10,700 2,200 5,000 290 1,100 270 3,100 150 674,800 300 Sale 5% 100 * 100 * ........ ...... 100 Adams Millis * Addressograph Internat * Advance Rumely new 95 Reduction Inc • Air-Way Elec Appli Corp Masaa Juneau A W ----- 65% a 122. 77 Sale 1934 234 4% 2X 31% Jan. 21 Dec. 14 Jan. 2 7834 Jan. 8% Jan. 14 22 Dec. Oct. 28 .5 21 Dec. 31 158"" "80H Sale" 46 42% 137 23 34 14 Dec. 17 Jan. Dec. 17 : Feb. 26 6734 Jan. Jan. Dec. 21 Mar. 31 68 15 22 9 Dec. 16 June 22 Dec. 17 "134 834 17 11X 1634 19 \lv> Dec. 22 5 1734 Jan. 14 19% Jan. 30 10 Jan. 7 Jan. Jan. 2 115 9 130 Jan. Jan. Jan. 11 2 9 Feb. 42 Jan. 14 Dec. 33 Jan. 29 Dec. 18 17 30 Jan. 22 7 Jan. 40 Sale 28 130 34 30 140 49 8 20 15 534 Jan. 18 13% 13 9% 23 90 90 5 Sale X Sale X X Sale , 28 M 8 16 Jan. 13 Jan. 17 11 22 33 16 Jan. 20 7X 8% 2X Sale 1134 3 Sale Sale 5934 63 63 90 334 534 10 10 99 % 24 62 Jan. 1 12% Jan. 21 Jan. 25 26 4 Jan. Sale Sale 14 Jan. 18 354 Jan. 29 28 28 68 134 Jan. 6 Jan. 3 7 3 Jan. 15 754 Jan. 83 8 Jan. 22 Jan. Sale 7 4% Jan. Sale 2 34 Jan. 534 43 ... 68 — 9 7 16 Jan. 6 3 21 {Mar. 16 [ Feb- il Dec. Jan. 22 Dec. 30. 83 Dec. 11! 76 Dec. 30 100 534 Apr. 2 29 Dec. 24 27 Jan. 27 Jan. 9 Feb. 24 12 Jan. 12 Feb. 11 Feb. 10 Feb. 10 Jan. Jan. Jan. 30 14 1534 July 10 17% Feb. 17 Feb. 9 11J4 Dec, 29 62 70% Dec. 30 205% Feb. 24 51 Dec. May 18 I] 87 80% Aug. 24 80% Aug. 24 2 Jan. 9 26 % Dec. Jan. 9 34 Dec. 18 51 1% Dec. 29 26 Apr. 28 5 Dec. 31 19% Feb. 24 5 Dec. 28 14 154 Dec. 9 6% Jan. 334 Jan. Sale Feb. Apr. 15 i Feb. 11 Jan. 5 Jan. 16 Jan. 22 3 Dec. 11 4 Mar. i Dec. 21 11 Jan. 2434 Jan. 86% Jan. Jan. 3 434 434 100 65 7 Jan. 6% 634 7 26 % 13 3 534 Sale 4 6 65 134 134 134 Sale 1 8% Jan. 234 Jan. 12 3% 2434 65 75 Jan. 6 Dec. 31 22 Sale 20 4 16 Dec. 10 38 8 May 16 — 2034 Jan. Jan. 23 74 X 44 Jan. Jan. Jan. 434 Dec. 4J4 Dec. 634 Dec. % Dec. % Dec. 234 2634 Dec. 29,109% 654 Dec. 18 65% Jan. Jan. Jan. Jan. 44 13 45 Jan. 2034 % % 37% 17 X Sale Sale Sale 29 X 34 2534 7X Sale 10 34 15 Jan. 30 Mar. 3 1134 Jan. 16 3Sale 14 27 Sale Sale 34 34 34 Jan. 734 Jan. ; Feb. 25 i Feb. Dec. 6% Jan. 934 Jan. 4 32 Sale 4 Jan. 3 Sale f Sale 11 Sale 634 334 Sale Sale 106 18 15 Dec. 3 10 | Sept. 8 Sept. 22 Dec. 8 40 84 13 Jan. Jan. Jan. 140 10 10 "l7" 3 125 34 6% Jan. 24 30% Jan. 27% Jan. 27 Jan. 6 19 9 180 10 30 8 18* 9 Feb. Jan. 5 d* |Jan. 19% Jan. 4 85 70 99 16 Dec. 10 Dec. 31 Sale Sale 85 6 Dec. 19 Sale "68~" Feb. 14 14 14 4 Sale Sale 17 834 Jan . 140* 23 49 18 Dec. 24 Sale 105 31 Mar. 23 Dec. 33 30 2 27 Mar. 23 21 23% Jan. 115 2 Jan. 1 4 4 2 160" 27 Sale June 1734 Jan. 134 Jan. 634 Jan. 43 X* 2334 Jan. 3 Sale 125 30 93 Jan. 01 2 1 21 160 47% Sale *2 Jan. 9 Jan. 14% Jan. Sale 125 147 24 Jan. 111 110 47 24 Jan. 4* 130 Sale 3134 27 X Feb. Feb June 26 Feb. 27 Jan. 9 6X Jan. 5 X Jan. 21 5 134 Jan. 234 19 9 5 60 80 54 IX 8 ... Prices 17 X Jan. Sale Sale 18% Sale 5 6% Sale 6 Highest. P1* Prices. Prices 78 Sale ■ Sale Prices. Sale 110 14034 9 10 41 Sale 28% Sale 10234 Sale 83% 24 25 16% S0H 23 % 23 34 Gold 95% • Paper Co... P "16 34 834 25 26 X 68 X Sale 68 8 Sale * Sale a?* Sale Mln.10 7 * ...» Sale Pref series A 530 warr'ts .100 3954 Sale Pref series A $30 ex-war .100 Pref series A 540 warr'ts 100 38 Allegheny 134 Sale 120 117 67 % Sale Sale Affiliated Products \!» foA SVs Sale Lowest. Highest. Lowest. | Ask 115 Corp 5,660 Alleghany Steel » 3954 41 440 Alliance Realty 3,709,855 Allied Chem 5c Dye Preferred. 24,800 582,575 Allis Chalmers Mfg 70,145 Alpha Portland Cement 100 176 54 120 * 3334 * 15 8,100 Amalgamated Leather.. 195 425,900 1,800 25,300 2,250 Sale 7 205 Sale 95 80 20 52 41 »j Preferred Abraham 5c Straus. Preferred Sale Jan. 30. Ask. Bid Bid 43 45 50 45 Sept. 29 Sept. 30 20 Feb. 24 9 14% Feb. 31% Feb. 24 90 Jan. 20 94 Jan. 5 MISCELL.i 5k Adams Express Preferred Sale 110 7634 35 100 INDUSTRIAL 10,300 77 2. Jan. Ask. 7% 100 .... 100 526,100 Western Maryland.. Second preferred... 100 10,800 30,500 Western Pacific..........100 Preferred 100 44,550 269 Wheeling 8c Lake Erie....100 620 6 57 % 100 Pieferred A........ Preferred B 400 100 40,400 2,300 10 .100 100 70,100 St Louis Southwest Preferred .........100 9,500 29",700 1931. Jan. 2 Shares. 794.000 ,4,200 24,700 YEAR Price 1931. Shares. RANGE FOR PRICES IN JANUARY. STOCKS 1931. January. EXCHANGE-STOCKS * * * Preferred .100 6,900 * 195,250 Amerada Corp 2,400 Amer Agrlc Chem (Conn)..* Preferred * 2,000 99,200 Amer Agrlc Chemical (Del)I* 10 93,650 American Bank Note Preferred 50 5,000 _* 24,300 American Beet Sugar Preferred " 100 5,658 * 103,116 Am Brake S & F Preferred. IIII III 100 3,510 25 10,771,710 American Can Preferred ~i00 25,100 ... 44 Sale 45 78 Sale 121 Sale 18 ..." it 1714 Sale Sale 2 Q 17 434 11 Dec. Feb. 61 Jan. 22 Dec. Jan. 4 Jan. Apr. 6 Aug. 29 8 Jan. Jan. Jan. Jan Jan. 13 Jan. Jan. Jan. Jan. 2734 1254 334 15 % 5554 22 10 40 Sale 8 54 1 1 5 . Oct. Feb. 15 Sept. Mar. 17 18 Dec. Nov 7 14 Dec. Feb. 24 Feb. 24 Jan. June 3 Jan. 4 Dec. Aug. 17 334 754 6 34 634 Jan. 14 Dec. Feb. 24 Jan. Jan. Jan. 22 Dec. Feb. 25 15 Dec. Feb. 25 22 Dec. Feb. 11 13 Jan. 7 Feb. 20 19 Jan. 13 May 4 5 74% Jan. Jan. 14 116 14 Feb. 24 28 Apr. 7 26 4 Jan. 20 11 Jan. 29 6234 Jan. 108 Jan. 10 34 Jan. 8 Jan. Sale 2 2 4 13% Jan. 18 Feb. 6 10 Jan. 11 X 1234 Feb. Jan. 4 7 Jan. 9 Mar. 25 Jan. 24 12 13 34 Jan. 25 14 Jan. Mar. 21 30 16 10 2 Feb. 19 13 Jan. 7 45 Jan. 21 Feb. 26 8 9 Jan. 19 12 Jan. 9 9 Jan. 29 54 Jan. 3% Jan. 15% Jan. 15 Feb. 24 Sale 14 Sale 534 Jan. 1334 Jan. 50 43 Sale 40 53% 60 14 6334 3% 3754 234 1334 32 14 Sale 119 124% 110% Sale 147 Sale X 3 34 X 25 Feb. 7% Jan. 18% Jan. % Jan. 234 Jan. Sale Sale 62 5 Feb. 10 6 534 4 7 I ? 6 7 2 5 Mar. 6 24 5 10 40 5 4 Jan. Jan. Jan. Jan. Jan. 554 5 34 5% 954 % 10 Sale 2% 134 234 234 2% 12 11% 8 34 9 11% JanI ""4 "16% "Jan" "21 5 Sale 66% Sale 11334 117 6834 Sale 10534 110 • Dec. 3 14% Sale 11 Dec. 5 95% Jan. 554 Jan. 13 Sale Aug 27 May 4 4 2434 10% 234 12% 46% 234 234 534 4 34 434 Dec. 4 27 15 Feb. 26 Feb. 26 Dec. 13 11 J an. 234 15 Jan. Jan. 55 234 1434' 4934 134 Dec. 16 2% Jan. 934 Jan. 24 354 Jan. 90 67 12 Sale 6 2034 Jan. 6 Sale 11 12 13 29 25 2434 2634 10 34 13 3 234 13 34 1434 49 X Sale IX 234 13% Sale 334 IX Sale 234 Sale 234 Sale 234 Sale 754 X 2 Jan. 61 67 11 Jan. 5 24 100 97 31 Sale 50 2 2% Sale 5 2534 95 4 234 6 5 18 Sale 2% 13 12% 1334 20 111 7534 8534 80 7534 5434 60 34 Sale 5934 Sale 11754 Sale 12334 12734 11754 Jan. Jan. 5 79 5 65% Jan. Jan 2 124 . Jan. 14 7 124% Mar. 10 14 129% Mar. 26 Jan. 22 8% Jan. 34% Jan. 14 L5234 Apr. 30 " 13,700 5,875 1,000 100 174,380 Amer Car 5k Foundry.......* Preferred IIlOO 26,005 * 57,200 American Chain..... Preferred IIlOO 8,100 American 10,000 182,900 190 100 1,100 19,300 P>700 4,000 Am Coal Chicle Co * of County, N J • 77,400 2,600! 180 9,100 2,700 17,100 4,800 10", 300 390 980 140 * 50,300 59,100 121,460 56,800 45.900 39,700 283,400 233,000 13,200 914,600 63,300 7,910 133,775 47,040 616,500 48,000 5,400 223,070 5,070 74.900 4,470 .No par vaiue. Am 5c Foreign Power... 5 Sale 6 28 534 Sale Amer Hide 5c 6 Jan. 13 5 18 Dec. 63 Sale 28 28 3234 Sale 13 3034 Dec. 18 48% Mar. 20 Jan. 28 29 Jan. 5 35 Jan. Jan. Jan. 6 45 Jan. 6 44 5 65 26 Jan. 22 6 Jan. 13 5 Oct. 634 Jan. 25 29 8% Jan. 18 5 Oct. 19% Sale 9% Sale 11 Sale 3 Jan. 6 19 Sale 7% Jan. 5 Jan. 9 10% Jan. 5 16 Dec. 2% Dec. 7% Dec. Dec. 6% Dec. 99 90 26 Jan. 5 934 Jan. 3834 Jan. 21 20 24 Jan. 4 33 Jan. 18 18 Dec. Dec. 69 29 10 Dec. Sale 1734 Jan. 534 Jan. 234 Jan. 14 7 1134 Jan. 4% Jan. 1% Jan. 15 4 Dec. 1 Sept, Leather * .......J.100 ........... * —IIlOO Internat Corp.. France 5k Foamite Preferred.. * 634 Jan. 1% Sale 12 Sale * 21 Metal......... Preferred 16) Am Nat Gas 3X 1754 75 24 54 18 10% Oct. Jan. Jan. 14 55 J an. 29 43 4 7 Jan. 8 5 34 Jan. 6 34 Dec. 4 29 34 Dec. 2 % Jan. 3% Jan. 934 Jan. 12 Jan. 554 Jan. 3034 Jan. 1734 Jan. 2. Sale 100 5 Sale Jan. 18 » 7% Dec. 5 88 Jan. 23 V 75 Sale Dec. 16 Jan. 1 33 Jan. 4 2954 Jan. 25 2 33 Jan. 14 Oct. 134 Oct. Dec. 4% Dec. 14 11 I 30 25 Feb. 26 79% Feb. 25 10% Jan. 9 8 Mar. 31 30 64 Apr. 6 Mar. 20 26 29X Dec. 16 90 Mar. 20 90 9 30 14 18 LOO Feb. 18 'li 2 26 Jan. 6% Jan. 1934 Jan. 1% Jan. Mar. Dec. 39 7 16 33% Eeb. 24 June *8 5154 Feb. 24 212 Dec. 2234 Jan. 334 Jan. "5% JanI "29 85 Sept. 2 2134 Feb. 27 14% Feb. 16 31% Feb. 7754 Jan. 5 1 50 Oct. 6 * preferred.,.....* News Co.... 37 2 Sale » 13 Jan. 4654 Jan. 1734 Jan. . 71X Sale Voting trust ctfs 12 5 5 Jan. 7 6 4 50 Sale 70 31 Foundry.. 4 12 25^ 100 ...... Preferred 28 14 Jan. 9 Sate Sale 72 77 X 19 X Sale 100 5 41% Jan. 47 X 27 X __.* Amer Machine 8c Metals....* Locomotive Mar. 18 43% Feb. 24 45 3834 Sale 2634 3154 3854 Feb. 24 86 17 Dec. 28 26 75 Sale Preferred American 4 Steamship. 1110 American Ice American 7 Jan. Sale Preferred Mach & Jan. 5 74 Amer Home Products. Am 25 8 _* Am Hawaiian Amer 26 4% Dec. 10 2054 Dec. 29 28 34 82 _» ........_* 2d pref A La 88 6 :~* Preferred. Am 78 32% 634 Jan. 734 Sale 100 Preferred (6) Amer 71% 30 81 6% Sale 25 .* 44,000 American Colortype ...» 353,900 Am Com Alcohol v t c * 21,300 Amer Encaustic Tiling * 109,514 Am European Securities 10,403,600 Sale Alleghany 190 American Express Co 194,600 4.100 3,300 11,600 1,100 1,600 2,200 7,500 18,900 1,500 27 Dec. Oct. Dec. 1% Jan. 9 July 3 3054 Feb. 26 8454 Mar. 6 4354 Mar. 19 15 7 Mar. 2 5% Mar. 2 2354 Feb. 24 89% Feb. 5 39% Jan. 20 5734 Feb. 28 N. Y. STOCK AGGREGATE SALES In January. Shares. 69,200 5,700 170 4,000 34,800 4,100, 400 900 40 82,750 1,800 Par. 950,778 51,900 22,300 52,300 Power At Light.... * —* Preferred (A) * Pref A stamped..........* 1,941,059 2,660 76,400 1,255,607 243,100 8,286 61,100 $5 preferred Amer Smelt 8c Refining, Preferred 2,700 38,606 American 12,100 1,600 110 3,800 17,800 3,500 2,600 1,297,270 10,500 169,700 2,700 600 470 44,800 1,900 900 7,700 36,600 1,200 "2,166 200 217,150 1,400 7,000 100 4.200 80 7,600 15,100 14,400 5,000 2,200 10 300 5,400 21,900 2d Preferred.. 500 100 41,200 2,000 560 800 300 210 """766 tr ctfs* 17,650 Preferred.. 25 5,908,895 Anaconda Copper 50 26,800 Anaconda Wire At Cable....* 77,600 Anchor Cap Corp • 3,300 Preferred ♦ 25,166 Andes Copper Mining Co * 121,900 Archer Daniels Mid ♦ 2,140 Preferred .100 113,700 Armour (Del) pref.. 100 643,175 Armour of Illinois class A..25 262.200 Class B 25 113,270 Preferred 100 93,350 Arnold Constable Corp * 5,416 Artloom Corporation * Preferred 100 9,700 Art Metal Construction 10 350,986 Associated Apparel Indus..* 277,606 Associated Dry Goods.. • 9,666 1st preferred 100 2d preferred...........100 Associated Oil..! .....25 19,300 Atl G Ac W I SS Lines • 15,500 Preferred 100 1,071,619 Atlantic Refining ...25 52,906 Atlas Powder............ * 4,850 Preferred......... 100 45,660 Atlas Stores.........——» 4,200 AtlasTack Corp 6,081,536 Auburn Automobile * 7,600 Austin, Nichols At Co • 5,690 Prior A ♦ 2,406 Austrian Credit Anstalt 72,506 Autosales * ... 356 """230 4,250 7,100 233,660 300 15,350 900 42,560 800 111,960 19,300 2,600 193,700 22,000 244,304 4,200 2,674,766 391,700 7,118,139 82,96l 200 "Y. 100 107,946 140 13,000 1,800 100 100 157,200 41,600 400 1,100 2,200 20 7,500 600 2,695 47,756 Briggs Ac 170 870 2,347.430 75,680 155,100 219,200 122,400 2,330 105,000 4,250 405,900 183,100 120,025 5,600 2,500 1,810 7,370 100 "¥,266 140 11,400 5,100 1,000 200 300 10 200 Preferred Budd 1,000 120 90 1,400 2,300 4,200 50,900 100 Wheel 5 » Bullard Co Bulova _• Watch—........__.* Burns 400 26",700 ... Brothers... .........* Class A new—........ * Preferred .—100 ..... Class B common ...—.....* Feb. Jan. Jan. 7 Jan. Jan. 6 7 Preferred 10ft Feb. 20 18 Feb. 8! 43 J 11 1 Jan. 94 Jan. 40 Jan. Jan. 32 Mar. 10 Feb. 21 Jan. Jan. Jan. Jan. Jan. Feb. 27 13 28 14 14 16 13 7 1* * 9* 2* * Jan. 6* Jan. 1* Jan. 104 105 * Jan. 50 Jan. Jan. J an. Jan. Jan. 74 9 7 15 Jan. Jan. Jan. Jan. Jan. Jan. Jan. 2 22 27 14 30 13 16 Jan. Mar. 20 143 143 Sale 7 Sale Jan. 14 July 2 15 4 10 30 Jan. 11 Jan. 11 62 * Jan. 21 * Jan. 19 8 10 9 Jan. 8 9 Jan. Jan. 4 5* Jan. 14 59 Jan. 90 Mar. 43* Jan. 81 Mar. 19 29 95 111 Mar. 16 43 Jan. Jan. 1 60 3 Jan. 1 11 6* Aug. 21 80* Jan. 22 25* Feb. 24 Mar. 19 59 Jan. 27 2* Jan. Jan. Jan. Jan. 4 5 Jan. 29 62* Jan. 18* Jan. 24* Jan. 22* Jan. Jan. 29 74 Sale 60 10 Sale 4 23 5 7* Jan. 12 Jan. Jan. 8 61 18 65 8* Jan. 11 17{ 46* , 70* Mar. 26 17 123* Mar. 6 Nov. 23 27i 23 Feb. 21 18 29 24; 21 14 60 59 65 59 Sale 18 49 1 Sale 17* Jan. 48* Jan. * Jan. 28 13 Jan. * Jan. 1* Jan. 5 1* Jan. 5 39* Jan. * a?* Sale 10* 34* Jan. Sale 5 „ Jan. 4 * Jan. 11 Jan. 11 11 9 9 * 1* 10 * Jan. 28 Sale 5 Jan. 72* Jan. 36 Sale 33* Jan. Jan. 117 Sale Sale Sale Sale 26 26* 110* 115 5 Feb. 28 Jan. Sale 103 5 7 29 Sale Sale 19 Jan. 40 Sale 2 38* Jan. 87* Jan. Sale Sale Jan. 33 60 Sale 3 Jan. Apr. 9 2* Mar. 26 15* May 6 14* Feb. 26 8 4 60* 15* 20* 15* 10* 14 13 64 Sale 8* Jan. 2* Jan. Jan. Jan. 22* Jan. 51 12* Jan. 1 Jan. 10* Jan. 1 Jan. 5* 83* 8 35* 5 119* Jan. Jan. Jan. Jan. 4 Jan. 5 10 Nov. 9 11 Jan. 9 95 21| 82* May 11 Aug. 15 15; 43 301 66* Apr. 15 15 Feb. 3 30 17* 17; 76* 30 3054 19 3* .30 24* 20 Feb. 20 Mar. 20 Feb. 27 July 36 Mar. 24 30 5* Mar. 2 Feu. 17 26 26 28 129* Mar. 19 22 45* July 27 18 118* July 30 17) 22* Mar. 25 1* Jan. 5 2 Jan. 12; Feb. 15 9* Feb. 13 10 4 /l J an. 6 5 Jan. 16: 20* Feb. 19 34* Feb. 10 22 2* Jan. 29 5* Jan. 7* Jan. 17f Jan. 6 2* Jan. 18 114 Apr. 21 161 5* Feb. 25 10 53 5 2 Sale w Jan. 13 6 3* 2* 3* 3* 2* Jan. Jan. Jan. Jan. 15 1 84 30 Sale 40 85 2 27* Mar. 19 104* Mar. 19 Feb. 11 107 28* Jarf. 89* Jan. 2* Jan. * 14 27 Mar. 8 50 103 36 2 2 Feb. 11 3* Jan. 2 * 20 Sale Jan. 4 28 7 10 July Jan. Jan. Sale 75 5 8 7 2* 35 100 11* Sale 11* Sale 5 Mar. 30 2 2 34 * Jan. 16 10 Apr. 14 14 12 85 13 L03 9 Jan. * Jan. 16 Jan. 14 23 49* 11 Feb. 8* Jan. Sale 68* Sale 21* Sale Feb. 24 Feb. 4 Sale 10 7 i Jan. 4* Jan. 16* Jan. Sale 60* 7 21 Jan. t ,23* 104 8!^ 1* Sale 18 Jan. * Jan. 1* Jan. 2* Jan. 3* 4 4 151* 115* Jan. * Jan. 14* Jan. 62 Sale 21 Jan. 7 Feb. Jan. 42 72* 9* 10* 15* 10* 22* 79* 5* 4 * J an. 100 16* 3 26 Jan. 30 Jan. 8 Feb. 10 May July Jan. 8* 10 15 * 8* 17* 42 90 6 July 26 7* Jan. 2* Jan. 8* Jan. 50 7* Jan. 1* Jan. 5* Jan. s!ie* if* 24 4 22 Feb. 2 21* Sale 88* Sale 26 Mar. 16 4* Jan. 9* Jan. 90 Jan. Jan. 29 4 9 14 4* 5* 3* 2* 1* Jan. 171 50 Jan. Jan. Jan. Jan. Jan. 18; 13 Jan. 11 * Jan. 30 10 Class B certificates. 739,050 Burroughs Add Mach ...» 78,300 Bush Terminal Co * Debenture stock.......106 7,690 2,570 Bush Term Bldgs. pref....100 77,300 Butte Copper At Zinc 5 • 114,200 Butterlck 30,850 Butte Ac Superior Mining..10 ♦ 2,362,475 Byers Ac Co 770 8 16 17* 10* 6* 14* Preferred (7)...........100 (E G) Mfg * Preferred 7%_._ 100 4* Jan. 5 117* Budd 13 6 Jan. Sale 3 10 14 13 Jan. Jan. 23 28 52* 20 Ry Sec...* 12* Jan. 7* Jan. Feb. 27 6 Sale ........100 Bucyrus-Erle Co.... Conv preferred Aug. 11 13 98 Briggs Manufacturing......* Brunswick-Balke-Coll * Brunsw'k Term At 17j 45i 10* 8* Sale 3 3* 107* Sale 1* 2 21 23 15 7* 13* 53 1 12 18 5 18* Sale 17 51* Jan. Jan. 4 Jan. 26* Sale 35* Sale 97 Mar. 19 July 30 Jan. 4 28 96 Feb. 26 9 92* 50 Feb. 11 84 1* * Feb. 23* Dec. 171 80 80 21* Dec. 17 64* Dec. 29.107 2* Dec. 28j 11* 15* Dec. 18 40 9' 14 20 Ma: ay 5 Jan. 16 * Jan. Jan. Sale 15* ♦ Dec. 17 132 Dec. 18 105 Dec. 16 110 10 25 16 13 26 3* Jan. 9 S* 85 19 72 48* Mar. 60 Mar. Oct. Dec. 108* Mar. Dec. 171 11* Feb. Dec. 28 201* Feb. Dec. 17)128* Apr. Dec. 17 132* Apr. Apr 5 12 21* 24 * ...... Sale 15 16 24 20 27 Sale 50 44,200 Brockway Motor Truck— * Preferred 2,410 ...100 5! 4! 15 4| 24* Jan. 21 3* Sale 1* Sale 249,700 Brooklyn Union Gas 22,300 Brown Shoe, Inc Jan. Jan. Sale 6 10 9 . 15* 80 14 14 Feb. Feb. 16 62* 65 3* Sale 22 25 8 July 22 * Jan. 106 9 4! Jan. Mar. 12 Mar. 10 2* Jan. 96 Sale 55 Stratton 27* Sale 24 * • 64 96 * 2J 2* 22 8* 3 Sale (——.—100 1,883,000 Borden Co 1,070,911 Borg-Warner Corp...... 12,600 Botany Cons Mills A 28,000 10,200 4,600 3,600 Ami class A 1st preferred 21 70 6 Feb. 20 21 32* Jan. 28* Jan. 75 Jan. 5 Jan. Jan. 42 58* Feb. 24 138* Mar. 27 Dec. Dec. 34* 84* 3* 112* 60* Jan. 80 3 30* Sale 20 7 14 26 6 Oct. Dec. Dec. Oct. Feb. 5 110* Jan. 15 25 Jan. 15* Jan. 30 ... 18,706 Bon 4 Jan. 124* Jan. 77* Jan. 70 105 68 13,600 Booth Fisheries. 5 4 58 517,615 Bohn Alum Ac Brass Corp...* 2 5 26 13 Dec. 88* Jan. Jan. 20 5 29 13 20 20 27 1* Feb. 27 97* Dec. * Nov. * Dec. 68 66* Jan. 105* Jan. 24* Jan. 1* 1* 11* 15 4* Sale 8** 45 28 Feb. 9 17* Dec. 33 65 Sale 22* 20 75 21 19 33 14 35* Jan. 26 39* Jan. 13 Jan. 2 1* Dec. * Dec. 5 42 Preferred 100 Barnet Leather ♦ 7% preferred 100 Barnsdall Corp, class A 25 Bayuk Cigars, Inc • 1st preferred ......—100 Beatrice Creamery... 50 Preferred —100 Beech-Nut Packing.......20 Beldlng Brothers.. * Belg Nat Rys part pref Bendlz Aviation Corp. * Best Ac Co _« Bethlehem Steel Corp ♦ 7% preferred 100 Blgelow-Sanford Carpet Inc * Blaw-Knox * * Jan. 7* Dec. 5 29 75 21* Mar. Apr. 12* Feb. 37* Feb. 66 Feb. 150 19* Dec. 2 29 19 15 Dec. Dec. 1 * Dec. Jan. 25* Jan. 21* Jan. Sale Preferred ...100 656 Blumenthal At Co pref 100 14 20 21 5 3* Jan. 10 1,340 * Jan. 1* Jan. 8* Jan. 9 13 107* Jan. * 2,549 BloomlngdaleBros """233 29 5 100 22* Jan. 6* Sale * 7,850 50* Jan. 34* Jan. 99* Jan. 4 Sale Baldwin Locomotive Preferred. 1,023,342 5 11 5 Sale 15* 11* Dec. 18 64* Feb. 29 Mar. 27 44* Dec. 16 102 84 Apr. 9 85 4 Apr. 7034 Jan. 102 838,200 16,295 9,630 9,460 1,665 4,000 20 Jan. 69 Sale 102 Highest. Sale Prices. 33* Jan. 125* 45,800 2,950 42,700 Jan. Sale 1 200 85 Sale 3 ......... 5 5 * Jan. * Jan. 5* Jan. Sale •80 14 3 14 8 14 29 14 x4 21 6 30* Jan. 96 Jan. 45 Sale 27 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 41 39 • 100 Jan. 27 25 12* Jan. Jan. 110* 22 49* Jan. 8* Jan. 10* 25* 2* * 25* 18* Sale 50 ......... 13 Sale Aviation Corp Barker Bros 4 Jan. 2 Sale 28 14 8 1* Jan. 7* Jan. 21* Jan. 22 Sale 21 13 Jan. 4 120 73 104 4,873 Bamberger (L) Ac Co pref—100 29 27 Jan. * Jan. 22* Sale 806,366 130 Jan. 6* Jan. Sale 130* 93* 100 Prices 16* Jan. 58 40 100 Sale 120 Preferred....... 29 Jan. Jan. Sale 7* 23,600 330 70 Sale 42 ... 841", 600 43 Sale 114 Sale Sugar Refining.100 * 13 50 Lowest. Sale Price. Highest. Sale Sale Prices. 34* Dec. 18 35 Dec. 18 Sale * 100 100 8,266 Pref yotlngtrust ctfs.....* 108,766 Amer Zinc, Lead At Smelt * 1,896 50 56 Sale Snuff ..........25 33,400 Am Writing Paper Ask. 13* Sale 54* 13* Sale 52 Lowest. Jan. 30. 2. Ask. Bid. Sale ... 27,000 Preferred 100 72,400 Am Sum Toh * 7,655,218 Amer Telep At Teleg 100 328,200 American Tobacco 25 2,059.300 Class B 25 29,836 Preferred 100 9,700 Amer Type Founders.....10o 2,660 Preferred ......-.100 984,800 Am Wat Wks At El * 96,800 Certificates * 17,850 1st preferred ?_ * 217,735 American Woolen 100 565,260 Preferred 100 660 Bid. 152 ... 1,700 260 46* Bale 94 * Sale 74 * 82 78 80* 2,290 Preferred 100 178,900 Amer Solv Ac Chem Corp » 53,550 Preferred » 281,698 Amer Steel Foundries * 4,908 Preferred 100 65,200 American Stores ....• 130,860 American Ask. * 10.080 American Shipbuilding 1,317,826 2,000 21,300 Bid. 4m Radiator Ac Stand San. Preferred.. .........100 American Republics Am Rolling Mill .35 American Safety Razor.....* American Seating ......* Amer Ship Ac Comm.. ..* **r marred 26,600 28,220 160 Jan. 1931. 1931. 4,200 136,200 YEAR 1931. Price Jan. 2 Y. STOCK KXCHANQK Shares. RANGE FOR PRICES IN JANUARY. STOCKS 4 12 Months 31 EXCHANGE—STOCKS 30 Jan. 1* Jan. Jan. 5 12* Jan. 30 17! 15 June 2 Feb. 27 Feb. 26 15* Jan. 30 51 Jan. 7 . 23 S5* 10 June Jan. Jan. 2 20 7 June 23 23* 22* 100* 108* 1* 14* 1 38 Sale 24 Sale 15* Jan. 54* Jan. 109 72 Jan. 1 Jan. 4 1* Jan. 28 Sale 3* Jan. * Jan. 10* Jan. 4* Jan. * Jan. 15* Jan. 103 50 26 Sale Sale 1 * 11 Jan. §?* Feb. 9 4 18 24 62 Jan. Jan. Feb. 5 104 Jan. 23 29 85 Jan. 113 Mar. 17 8 5 50 Jan. 2* July 20* 17 Feb. 26 1* Feb. 20 69* Feb. 20 Feb 24 EXCHANGE-STOCKS N. Y. STOCK 32 RANGE FOR PRICES IN JANUARY. AGGREGATE SALES. 12 Months 1931. In January. STOCKS N. Y. STOCK EXCHANGE 9,200 "".506 "7", 100 2,700 14,800 2,400 3,000 500 157,400 670 46,300 120 330 11,000 1,200 900 30 5,100 I,100 130 46,200 900 200 P&r- 17,100 81,400 35,300 5,500 120 190 18,800 150 406,700 5,100 410 60 38,700 90 600 1,200 90 126,500 3,700 7,600 1,500 3,500 400 3,800 6,300 32",300 209,900 9,900 24,900 2,200 3% 6% Io5 690 17% 4% 26 34 1,000 210 950 70 4,600 6,900 409,950 7,000 6,400 13,000 1,500 4,000 9,500 23,300 6,600 48,750 3,600 21,000 10,600 52,400 37,700 51,800 250 16,800 2,700 1,000 3,300 2,700 500 400 100 II,700 1,600 1,050 fV.OOO 12 Sale 11 2,200 49,100 10,800 220 190 4,200 8,400 5,100 2,500 400 12.200 2,800 13,500 10,100 2,400 1,600 1,300 * 14a Sale 79 Sale Sale Sale 15 X Sale 3 11% Sale 6 X Sale 16 X Sale 28% 27% Crown 92 X Sale Sale Sale 3% 62% 9% Sale 20 % Sale 16% 20 17 19 Sale Sale 8* 24 83 57% 1 Sale 22 Jan. 22 Jan. 5 Jan. 9 13 18 14 Aug. 14 Feb. 7 7 Jan. 20 Jan. Jan. Jan. Jan. Jan. 9 Jan. 5 Jan. 15% Jan. 27% Jan. Jan. 8 68 Jan. 13 5 Jan. 22 85 Jan. 15 6 Jan. 14 Jan. 19 Jan. 7 Jan. 22 Jan. 5 141 Jan. 7 Jan. 5 95 5 114% Jan. 6 48% Jan. 5 30% Jan. 10 Fob. 27 Mar. 9 37% Feb. 25 Apr. 21 49% Jan. 28 4% June 15 Feb. 11 25 22% Mar. 25 34% Mar. 17 92 28' July 20 15 Jan. 2 90 Jan. 8 4 Jan. 19 Jan. 9 28 Jan. 11 Jan. 18 Jan. 14 7 Jan. Feb. f90 Dec. 15 Dec. 12 105 5 170 97% Oct. 45% Dec. 29 53% 24 Dec. 171 50% 79% Dec. 18 104% 6% Dec. 14 3 21 Sale 9 ! 20% 7 Jan. 68 22% 16% Jan. Sale Sale Jan. Jan. Jan. Jan. 13| 20% Jan. Aug. 28 Nov. 18 June 27 Feb. Oct. 72% Dec. 11% Dec. 70 Dec. 32 Dec. 30 12 12 22 27 Mar. 19 May 18 Feb. Feb. Dec. 25 24 Mar. 16 Dec. 8 Sept. 19% Dec. 16 Oct. 15 Oct. 52 Dec. Feb. Fob. 26 26 Sept.10 July 9 Sept. 8 68 Jan. 15% Jan. 2 23 Jan. 14 Jan. 30 97 Jan. 23 Apr. 10 93% Jan. 18 94% Jan. 30 Jan. 4 68 Jan. 13 Aug. 6 Jan. 26 Feb. 27 7% Jan. 9% Jan. 1 9% Jan. 14 Feb. 28 Jan. 6 Feb. 24 16 9% Jan. 8% Jan. 16 Aug. 21 96 58 1 Sale 13 29 10 Mar. 19 Jan. 2 7% Jan. 6 55 Jan. 13 8 Mar. 10 8 7 Jan. 8 June 27 Jan. 9 Apr. Jan. 7 Mar. 19 Jan. 12 9% 8 60 22% 21 68 72 59 8 Feb. 27 53 65 55 Sale 50% 10% 15% 83% L02% % 7 56% 59% 4 10 Sale Sale 52 44% 3% 8% 55% Jan. Jan. Jan. Jan. 2 9% 57% 90% 27% 5 24% 71% 59% 58% 5% 11% 64% 90 93 Jan. 9% 9 Jan. Jan. 2 9% 25 Jan. Jan. Jan. Jan. 4 Jan. 13 % Jan. 4 Jan. 20 Jan. 2 Jan. 16 i Jan. % Jan. 4% Jan. 4 10% % 2% 1% Jan. 18 Jan. 12 7 Jan. 14 Feb. 26 56 50 62 3% Sale Sale Sale Sale Sale 2 Sale 55 a Sale 2 % 1 4% Sale % % 40 Sale 2% Sale 17% Sale 2% Sale 65% 68 6 6 6 5 29 9 6 Apr. Jan. 11 Feb. Jan. 14 Jan. 14 17 ; Feb. 17 i Mar. 19 July 23 I Mar. 19 7 Mar. 18 9 % Jan. 5 1 Jan. 8 Jan. 29 46 Jan. 14 i Feb. 2 i Feb. 27 31% 3% 19% 1% /'. 1 Sale I 5% Sale I % Jan. Jan. Jan. ; Mar. 26 26 I 15 Jan. 5 | Feb. 24 | Feb. 27 Jan. Jan. 30 Sale Sale x37 Jan. 5 134% 129% 126 Jan. 8 Sale Sale 2% Jan. 20% Jan. 10% Jan. 5 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 21 4 Jan. 30 Jan. Jan. 12 5 Sale Sale Sale 40 Sale 20 •; I I 1 3 5 5 2 29 5 Jan. 5 37% 4% 24% 1% 6% % 45% 129% 4% 22% 10% 4% 14% 14 Feb. 27 Feb. 13 13 Feb. 24 14 I Feb. 17 11 1 Apr. 2 7 16 Feb. 27 14 I Mar. 11 I Apr. 11 Feb. 25 Feb. 7 24 13% Jan. 16 21 % Jan. 29 24 Jail. 15 23% Jan. 1% Jan. 26 Jan. 20 20 i Jan. 12 Jan. 28 42 Jan. 4 1% Jan. % Jan. 14 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 27 16 25 ; Feb 20 24 Sale 1% • * Jan. 4 7% Jan. Sale 5 25% 1% 23% 49% 1% % 1% 8% .r30% Jan. 5 33% Jan. 20 i Mar. 19 1 May 20 1 10 2 5 14 Feb. 14 Jan. 11 3 1 Jan. 8 i Jan. 8 i June 26 14 15 11 Jan. Sale 31% 6% 23 Sale 25 Sale 23 Jan. 31 Jan. 15 73 79% Sale Sale 80 Sale 75 Jan. 86 Jan. 14 Feb. i Mar. Sale Sale 1 % Jan. 2% Jan. 12 i Feb. 27 12 1 85 Jan. 8 Mar. 25 71 Jan. 12 10 Jan. 21 Mar. 18 Jan 7 5% Jan. 15 31 4 91% Sale 113% 114 1% 2% Sale 80 85 84 88 1% Jan. 1 % Jan. 70% Jan. 96 69 70 68 72 67 Sale 1% Sale 38 2% 42 18* Sale 13 113 Sale Sale Sale Sale 8 18 * 32 9 | Jan. 100 * 24 Mar. 18 6 Jan. 56 67 12% 3% 14% cl A..» Mar. 30 June 26 Dec. 7% June 6% Dec. 16 14 24 4 Mar. 18 68 20 18 9% 7% 53% 20% * • Feb. June 46 22% 125,350 Dominion Stores 9 Mar. 30 14 Sale 498,500 Dome Mines Ltd... 26 15 5 25 26 Feb. Jan. Dec. 29 Sept. 25 Oct. Dec. De 74 Deu. % Dec. 4% Nov. 8% Doc. 24 5% 11% 11% 25% 63% 4 2% 4% 8% 17% Feb. 24 I Feb. Dec. 30 8 4 7 , 1 3% Oct. 6% Dec. 30 8 Sept. 24 4% 6i 68% 5! 10% 5 22% 9 Sale Jan. 5, 38% Jan. % 7% 46,600 Detroit Edison ... 100 29,700 Devoe Ac Raynolds A., 1,450 1st Preferred—..... 100 1,099,400 Diamond Match * 106,800 Participating 6% Pref._25 Nopar value 6% 11% 10% 8% 2. 65 250,950 Davison Chem 190 De Beers Consolidated Mines. 3,900 Deben ham Securities 8a 81,600 DeereAc Co prei ...... 20 conv 6 Jan. Jan. Jan. Jan. 94% Sale Sale Class B 20% Jan. 14 2 Feb. 24 Mar. 23 ; 5 4 31 Sept. Aug. 31 3% Sept. 21 13% Dec. 18 Jan. Sale Preferred • 34,182 * 1,885,653 Curtlss-Wright Corp Class A * 300,920 3,630 Cushmans Sons 7% pref.. 100 8% preferred * 1,700 ...» 86,600 Cutler-Hammer Mfg 8,000 July 2 Jan. 11 3% 59% 8% 19% 96 * 50 360 Curtlss Aeropl & Mot Co Inc * • 138,725 Curtlss Publishing Co if ,000 Dresser (S R) Mfg 2% Jan. 18 14 Jan. 64 20% Sale 100 68,340 Douglas Aircraft Co Inc 12 6 29 30 ' 1 Mar. 21 Jan. 7 6 15% Jan. 8% 22% 17% , Sale 100 121,313 Cuban American Sugar Preferred... 8,186 208,700 Cuban Dora Sug.. 71,700 Cudahy Packing 2 2 Mar. 21 Dec. 28 May 28 9% Sept. 21 79 » 44,000 Cuba Co 198,140 Cuba Cane Products 2% Jan. 11% Jan. 30 Feb. 25 Dec. 30 Jan. 5 62 % Sale * Preferred 14 7 Mar. 17 Mar. Dec. 32% Sale 4% Sale 81% "34" • Crucible Steel of Amer Jan. 16 Dec. 30 9 5 Sale ..* Zellerbacb 5 zl5 Dec. 4 11% Jan. 13 * 400 Crown Wll P 1st pf 35,100 226,652 15,223 23 12% Sale 80% 51% Sale 100 ....... Jan. Jan. 9 Sale 100 Crex Carpet 85 5 7% Jan. 71% Jan. 60 70 ._.* Cream of Wheat 6 25 7 33 ; * 43,404 Crosley Radio 43,755 Crown Co-'. & Seal Prefen eu 16,700 Jan. 7% Jan. 12% Jan. 6% Jan. 2 6 88 }§* j Sale Sale 2% 2% IX 7H Jan. 7% 8% 60 69% ...» .... 18 7% Jan. 30% Jan. 9 Sale ...25 Preferred 3% Jan. 9% 72% 10% 12% 30% Continental Motors........* Coty, Inc 6 97% Jan. 45% Jan. 26% Jan. Sale 90% 7% Sale 75 72 10 Continental Insurance....10 Shares 7 14 21 95 88 8% 94% » Corn Prod Refining Jan. Jan. 8 16 Sale 1I5"" ...... Continental 5 5 15% Jan. Sale Sale 75 Sale 100 Continental Oil 28 9 9% Jan. 2% Jan. 11% Jan. 4% Jan. 13% Jan. Sale 26% 7 Jan. % Jan. 2% Jan. 100 106 106% Sale 46 % 47% 48% 104 % Sale 52,100 Columbia G & El PreferredlOO Common * 3,542,304 Preferred B 100 17,000 Columbian Carbon _.....* 1,004,550 4,780,516 Commonwealth & Southern Preferred 149,516 * 243,250 Commercial Credit.... Class A 50 46,000 Preferred 7% 25 7,100 Preferred B._ ....--25 7,390 1st preferred 100 7,875 292,538 18 Jan. 75 12 X 2X 10% 8X 99% . 256,140 1,623,000 898,231 954,550 11,300 381,191 58,300 22,900 Jan. 1% Jan. 8 65 .... Continental Can 15 7 12 80 ... 124,200 Continental Diamond Fibre 4 5 33% Oct. 53 Sept. 16 10% Dec. 17 % Dec. 31 5% Dec. 14 8% 5% 6% 12% 25% * 318,100 Collins Ac Aikman Preferred 100 22,486 * 64,400 Colonial Beacon Oil Co 66,200 Colorado Fuel Ac Iron new 100 1,26^,400 12, Jan. Jan. Jan. Jan. Jan. 5 15 Jan. 11% Jan. 6 Dec. 18. 75 4 7 4X 3% IX Dec. 29 4% Dec. 17 14 1% 7% 3% 2% 1% Sale xl 29 24 8 27 2 Dec. 29 5% Dec. 29 10M Dec. 29 15 3% Jain . 2 Oct. Feb. Apr. 23 Feb. 27 Mar. 17 Feb. 24 Mar. 25 June 25 Mar. 24 Feb. 26 Feb. 25 Feb. 24 Mar. 21 Feb. 17 Feb. 27 15 27% Jan. 43% Jan. 11 Jan. IX 9 % Oct. Jan. 6 19 Jan. 1 7% Jan. 13% Jan. 18% Jan. f 10 : "8J06 Jan. 4% Jan. 25% Jan. 31% Jan. X Sale 75 Chicago Pneum Tool Preferred ......—* Chicago Yellow Cab......—* Chickasha Cotton Oil 10 ChlldsCo * Chile Copper 25 Chrysler Corporation ~ City Ice Ac Fuel * Preferred 100 220 City Investing 100 156,625 City Stores * 1,930 Class A 12,300.Clark Equipment 26,200iCluett, Peabody & Co. * 2,180/ Preferred 100 731,740 Coca Col a * 55,200 Class A * 138,675 Colgate-Palmolive-Peet Co..* Preferred 100 28,900 820 2,100 7,500 Jan. 17 4 5 5% Jan. 10 60 Sale 2% Sale 11 22% Sale 6 16% Sale ....... 13 60 11X * 62,100 Consolidated Cigar.. Preferred 100 2,200 Preferred (6%) 100 12,530 Prior oref x warrants... 1,180 182,900 Consol Film Industry Preferred * 144,400 ...* 6,426,260 Consolidated Gas Pref 15 * 127,100 94,062 Consol Laundries Corp.... 348,100 Consolidated Textile 20 77,500 Container Corp class A Class B » 61,100 * 446,400 Continental Bakcl A Class B 312,160 Preferred 100 137,626 Jan. 49 310 Conn Railway & Lighting 100 98", 450 15 5 Dec. Nov. 28 x2l 31 12 5% 30 3,700 % Jan. 3 6%, 1234 18 5 I I ly* 700 6,900 2,300 210 100 ' Sale 12 * Preferred 20 Jan. X 230,380 42,700 4,600 23,800 188,026 3,820 8,720,516 86,600 22,770 960 9% Jan. Jan. Sale * 345,242 Corom Inv Trust Preferred ..100 1,320 6% % preferred 100 7,960 Convertible preferred * 42,450 Warrants stamped 11,226 * 2,823,600 Commercial Solv 20,900 Conde-Nast Publlc'ns..... * 670,900 Congoleum-Nairn Inc.. * 70,600 Congress Cigar 24,000 f 3% 5% Sale Prices. 16 8 9 14 2 8% Jan. 9% Highest. Sale Prices. Trues 23 3% 2% IX ... . 6% % 41X Sale 65 Sale 12% Sale X IX 6X II * 100 * * 89,400,Certain-Teed Prod 5,839: 7% preferred 443,450 Checker Cab 404,000 Chesapeake Corp 9% 1 Lowest. Highest. Sale Prices Sale Ask. ; 11% Sale 16 >6 17% 5 5X 20 30 1,002,000 Ca terpillar Tractor 7,040 Cxvanagh-Dobba, Inc.. 1,965 Preferred 100 76,000 Celanese Corp of America—• 45,100 Celotex Co 74,400 Voting trust certificates 8,520 Preferred 100 93,800 Central Agulrre Associates.* 69,600 Century Ribbon Mills * 2,020 Preferred.. .. 100 60 3,600 184,000 8% Sale 9 23 % X 213,800 Calif Packing Corp.. -* 60 Callfnia Petroleum.......-25 42,000 Callahan Zinc-Lead.......10 86,000 Calumet &ArlzonaMln ....26 215,500 Calumet & Hecla ..-25 89,700 Campbell W & C Foundry—* * 520,500 Canada Dry GIng Ale 47,600 Cannon Mills * 69,350 Capital Admin Co Ltd c A—* 12,600 Preferred class A -..-50 14,313,550 Case (J I) Co 100 9,600 Pref ctfs stamped 100 602,400(Cerro de Pasco Copp Ask. Bid. Bid. Lowest. Jan. 30. 2. Jan. 1931 Shares. Shares. YEAR 1931 Price Jan. 2 Jan. 7% Sale 8% Sale 7% Jan. 3% 2% Sale 4 Sale 3% Jan. i* 1 112 10% 5 13% 115 Sale 13% Sale 10% 10% Jan. 12% Jan. 21% Jan. 7% Jan. 22% 8% 14% 11% 20 21 21 Sale 11 10% Feb. 24 13 Jan. 7% Jan. 19% Jan. 10% Jan. 23 8% Apr. 13 12% Jan. 28 15 13% Dec. 22 Jan. 14 110% Dec. 195 28 122 Jan. "14% 23% Sale 7% Sale 14% Sale 8% Sale 2 3 % Dec. 10% Jan. 15% Jan. 12% Jan. 109 100 "13% 5 2% Dec. 1% Sept. 4 1% 112 Mar. 7 14% 13 23% 4 9% 5 ■15% 5 11% 4 5 Jan. Jan. Jan. Jan. Jan. 30 2 21 14 5 22 Jan. 18 4 12% Jan. 14 8% Dec. 96 Sept. 10% Dec. 19% Dec. 6% Oct. 11 7 Oct. 7% Dec. 20% Dec. 10% Dec. Jan. 5 Feb. 1 1 19% Feb. 18 109 23 28% 1 13% 6 24 29 21% 31i 27% 30 18 17 17 Mar. Mar. Aug 10 6 24 Mar. 31 Apr. 13 June 25 Nov. 10 Oct. 21 N. Y. STOCK AGGREGATE SALES.i 86,100 '"555 10 200 l ,555 113,600 110 13,200 672,800 4,900 9,800 9,500 196,500 100 23,100 55,500 145,000 4,200 5,100 " 6",655 4,200 3.210 3,000 600 1,200 600 600 500 3,900 1,800 500 770 1,500 170 """40 110 2,600 1,455 400 1,900 500 150 200 900 8.200 7,600 I Par. 1,414,412 Drug.Inc • 16,850 Dunhill Int 12,600 Dupla.. Silk. 1,080 Preferred 10f 8,500'Duquesne Light 1st pref—100 l,574:Durham Hos Mills pref 100 42.500 Eastern Rolling Mill * 1,741,319 Eastman Kodak * 3,050 Preferred 100 660,155 Eaton Axle 9c Spring • 5,884,900 E 1 duP de Nem 9c Co 29 " Jan. 120 19,400 1,270 270 1,100 s55 100 18,500 "V.555 7,400 37,100 280 39,000 25 200 950 "7,755 1,300 26,700 13,400 13,200 350 2.000 2,000 740 4,300 6,400 230 870,050 55,600 117,800 19,700 40 700 300 6,800 600 6.115,750 60,700 78,700 334,550 131,600 10,770 3,810 9,000 1,600 1,210 71,600 9,300 24,700 7.900 10,600 5,100 92,100 78,500 38,400 13,050 26,600 1,350 2,200 1,350 Elec Power 9c Light 8,900 6,100 2,300 30 41,300 81,600 9,600 5,100 2,400 4,500 40 16,780 74,300 200 20,855 2,200 52,100 6,300 8,600 .20 855 ' • Sale 135* Sale 87 Sale 10 — Sale 99 100 Preferred * 85 87 (6) "26" 3 Sale Preferred 50 Emerson-Brant cl A.... Class B 103 15* \M Sale c 9 31 Sale 95 5* 98 1 Sale 115* Sale 485* 52 435* 45 Emporium Capwell Corp — mm "35* 103 20 91 50 Preferred... ...100 Engineers Pub Service Preferred Preferred (55*%) $6 cum preferred * Sale 80 895* .... Equitable Office Bldg » Eureka Vacuum Clean......* Evans Auto Loading Co 5 Exchange Buffet Corp * Fair (The) Co » Preferred........ ....100 Fairbanks Co........ Preferred 25 ......100 7% preferred 1105* 1145* 435* 44 81 • "325* Sale" 10 115* 45* Sale 235* Sale ™ 105* Jan. 1015* Jan. 3 5 14 Jan. 99 mm Sale Jan. Jan. 23 8 13 Sale 100 98 20 Jan. 12 13 14 116 75* Jan. 575* Jan. 1005* Jan. 45* Jan. 475* Jan. Jan. 14 13 5* Jan. Jan. 125* Jan. 315* Jan. 97 99 8 Jan. Jan. 25* Jan. 15* Jan. 14 21 6 25* Jan. 105* Jan. Jan. 14 64 14 4 Jan. 49 Sale {3ale 255* Jan. 5* Jan. 5* Jan. Jan. 555* Jan. 395* Jan. 35 * .......100 Fashion Park Assn.........* 16 19 22 405* 475* 5* _5* 43M m 19 35* 1 5 14 32 Jan. 14 5* Jan. 5* Jan. 13 13 13 13 20 18 115* 55* 225* Sale 1085* 5 4 "15* Jan. Jan. Jan. Jan. Jan. 22 Jan. 22 8 11 10 Jan. 12 28 55* Dec. : 87 Oct. 45* 2 Jan. 3 Jan. 5 2 Dec. June 27 45* 25* Jan. 45* Jan. 25* Jan. 55* Jan. 19 3 Dec. : Apr. 9 Mar. 6 2 19 15* 75* 15* Jan. 20 15* Jan. 75* Jan. 25 14 Jan. 7 Jan. 25 .._....* 88 90 52 58 63 70 53 Jan. 7 635* Jan. 20 Mining 9c Smelt.. 100 Preferred... .........100 75 85 90 20 50 21 26 110 Sale 25 39 25 50 Fifth Avenue Bus 4 23 ....—* 6 8 * 16 20 ..... Fisk Rubber 885* B* 41 " * First preferred ...100 First preferred conv Fiorsheim Shoe class A 100 89 Sale Sale 8ale 5* Sale 2 Sale 25* Sale * 33 36 Preferred 6%_.........100 Foilansbee Bros............* Food Machinery Corp ...* 95 99 14 Sale Foster-Wheeler 7% _ . 15* Sale 27 10 22 "875* 92 16 145* 515* Sale 455* 485* 5* Sale 5* 5* 5* 1 7 95* 80 85 55* Sale 85* Sale * 75 Foundation Co * 3 Fourth Nat'l Investors I Fox Film "A" * conv preferred ... Franklin Simon pref.... Free port Texas Co Co (The) 30 15* General Asphalt. General Baking Co 98 Bronze.. 65* Cable...........—* 100 ♦ Preferred (7).... A * * General Printing Ink ♦ _......* General Public Service.....* General Ry Signal........ * Preferred —100 Gen Realty 9c Utilities Gen Theatre Eq v t c • Gillette Safety Razor ..* Convertible preferred.. 100 Gimbel Brothers ._....* 7% preferred.. Co ... .....100 ..... 7% prior preferred.. Gobel Sale Sale 145* 22 34 110 Sale Sale 98 100 (Adolf) * 100 • Gold Dust certificates .* 13 25* 15* 135* 35* 2 17 4 45* 285* Sale 855* 100 14 29 47 Sale Sale Sale 5* 15 5* Jan. 5* Jan. 5* Jan. 5 2 30 14 8 Jan. 6 Jan. Jan. 11 45* 4 9 , 85* Jan. 7 8 Jan. 4 3 Jan. "4 165* Jan. 25* Jan. 2 60 5 85T Sale 65 4 80 95 9 35* 175* Sale 70 175* Sale 29 30 Sale AM 15 Sale . Jan. 155* Jan. 29 Jan. 15* Jan. a 5 14 Jan. 25* 53 3 25* Jan 54 Jan 8 305* Sale 135* Sale 135* Sale 28 Jan. 4 11 Jan. 5 11 Jan. 5 97 97 Jan. 27 98 25* 25* 125* 45* 25_ 25* 13 Sale 25* Jan 15* Jan 125* Jan 34 Sale 285* Jan 95 99 25 Sale 195* Sale 11 Sale 11 Sale 49 Sale 345* Sale 15* Sale 335* 15* Sale Sale Sale 3 25 63 305* 20 395* 40 24 205* 315* 225* 235* 32 885* Sale 83 Sale 85 2 4 Jan 99 Sale Sale 45* Jan 195* 105* 315* 15* Jan Jan Jan Ja n 23 40 305* Jan. 17 195* 20 235* 35 Sale Jan. 215* Jan. 315* Jan. 75 80 Sale 91 5* 14 12 1 Sale 135* 6 195* 5* Sale 115* Sale 50 54 25* Sale 27 5 29 405* 55* 44 Sale 6 5* 125* 13 125* 5* 115* 515* 2 23 90 18 Dec. Feb. 20 25* Dec. 15* Dec. Feb. 24 6 4! 2 Aug. 27 18 15 5* Oct. : 85 5* Feb. &y> 6 Jan. 15 Jan. 13 12 5* Dec. 495* Dec. June 26 12 41 Aug. 14 11 9 5* Sept 5* Sept .25 .25 35* 5* Sept 7 5* Dec. 30 355* 80 Dec. 18 1025* 4 Dec. 28 195* 95* Dec. 29 315* 8 Dec. 17 645* 90 Dec. 17 105 5* 5* 15* 95* 80 Jan. Jan. Jan. Jan. 18 8 Jan. 11' 55* Jan. 85* Jan. 115* Jan. 9 2 7; 15 45* Jan. "14 195* 55* 725* 195* 3* 15 25* Dec. 155* Dec. 16 25* Dec. 17 14 60 Jan. 15 13 5* Oct. 30 Dec. Jan. Jan. 9 30 20 2 Dec. 45 Dec. Jan. 14 28 Dec. Jan. Jan. Jan. 15 95* Sept. 29 11 9 Jan. Jan. Jan. Jan. Jan. 11 8 15 4 13 13 12 14 5 8 11 14 Jan 28 4 55 Jan 19 5 Jan 20 Feb. 24 Jan. 12 24 Feb. Feb. Sept. Feb. 10 9 26 27 13 Dec. Mar. 2 Mar. 20 Mar. 6 Mar. 21 19,1005* Sept. 2 Mar. 21 July 22 Feb. 25 Jan. 28 Mar. 19 Jan. 9 Feb. 26 14 Mar. 2 Dec. 28 114 Mar. 7 4 5* Jan, 125* Jan. 29 125* Jan. 25 15* Jan 145* Jan 145* Jan 11 Dec. 14 6 14 Dec. 30 74J^ Mar. Dec. 575* Mar. 10 Feb. 26 16 Jan 25 65 Apr. 9 15* 145* 585* 25* Jan, Jan, Jan, Jan, 11 5* Dec. 18 9 5* Oct. 5 45 Dec. 18 May 11 May 22 31 Jan, 13 52 July 55* Jan, 14 15* Dec. 30 265* Dec. 18 5 45* Oct. 155* 385* 765* 75* Feb. 14 16 40 Jan. 25 2 Jan. 5 Jan. Jan. 5 2 Jan. 5 24 Jan. 22 5 Jan. 55* Jan. 13 4 Sale 21 15 Sale 15 48 Sale * 8 Sale Preferred 3,555 ...100 Preferred ex-warrants..100 1,660 • 26,000 Gould Coupler "A" 505* 95* 50 50 35* Jan. 12 4, 43 Jan, 9 16 14 65* Jan 195* Jan 21 90 12 Jan 55* Jan. 14 14 15 Dec. 29 3 6 35* Oct. 45* Dec. 17 85 62 Dec. 10 Dec. 18 17 Jan. 8 5 175* Jan. 565* Jan. 14 135* Dec. 17 18 35 5, 10 11 60 Jan. 7 Jan. 26 Dec. Jan. 11 1 Jan. 11 17 35* Sept. 30 Sept. 30 50 50 H Oct. 1 7 18 Aug. 19 48 Mar. 9 Mar. 20 1175* May 19 Dec. 30 1135* Aug. 29 35* Dec. 18 205* Feb. 21 5 75* Jan. 505* Jan. 18 18 Jan. 6! Feb. Feb. Dec. 30 12 5* Jan. 43 Jan. 52 15* July 13 4 13 17 15* Mar. 26 Mar. 14 Jan Jan. 8 5* 92 215* Dec. 28 48 795* Dec. 18 103 10 6 3 5* Oct. 28 6 5 5* Oct. 31 1 10 5* Oct. 435* Sept. 30 76 25* Dec. 17 23 21 Dec. 14 845* 29 61 Mar. 19 Mar. 12 15 Oct. 14 Jan. 545* 95* 675* 5 26 30 21 2 Feb. Feb. 28 245* Jan 865* Jan Jan 7 6 11 14 85 75* Jan Apr. 125* Jan. Apr. 13 171 56 17 85* Feb. 21 24 10 May 3 Feb. 11 31| 90 29 4 Jan. Mar. 23 17} 30 5 24 Aug. 26 105* Dec. 28 5* Dec. 1 5* Dec. 4 Apr. 395* Dec. 14 Jan Jan. 16 Sale 47 Dec. 18 114 15* Dec. 15 95* Dec. 3 13 Dec. 29 65 Dec. 14 255* Oct. 1 485* T)oa 4 117 122J* Dec! 18 545* 15 Jan 6 25 735* Feb. 26 35 5 4 Feb. 255* Apr. 14 61 16 Sale Jan 12 VA 18, 88 86 45* 31 Dec. Feb. Apr. 24 25* Mar. 23 o 88 145* Dec. 15j 76 205* Dec. 15 35 295* Dec. 18! 50 Sale 55 335* 155* 145* 995* 35* 25* 165* 55* 355* 60 3 16 17 17 14 22 3 3 65* Feb. 25 Dec. 23 Dec. 29 245* Jan <14 28 235* Jan 105 Hosiery.... 65 1 15 75 8 165* ....._* Dec. 21 4 Jan. Mar. 18 385* Feb. 17 8* 11 Feb. 24 Feb. 7 Mar. 175* Mar. 2 325* Feb. 24- Dec. 28 5 15 Jan. 35* Jan. 5 June 29 Jan. 14 15* Jan. 59 May 12 Jan. Jan. Jan. 115* Jan. 5| 365* Jan. 6j 25* Jan. 4' 21 94 2j 12 24 Feb. 90 42 Sale Feb. 595* Jan. 495* Jan. 16100 Jan. 30 265* Jan. 45* Jan. 245* Feb. 24 31 Jan. Dec. Dec. 3 20 285* Jan 14 135* 16 15 Sale 5* Sale 105* Sale *50 Sale 26 Feb. 4 13 90 5* Feb. Mar. 25 Sept. 15 395* 35* Sale 225* Sale 45 18 85 25 25 Jan. 875* 905* 86 205* Sale 195* Jan. 825* 84 .r805* Jan. 35* 35* 35* Jan. 65* 65* 65* Jan. 12 145* 115* Jan. 44 Jan. 495* 56 35* Sale 35* Jan. 235* Sale 205* Jan. 35* 4 6 95* 135* Sale 25 51 93 No par value. 14 14 17 175* Sale Silk Jan. 29 83 Gotham 2 55* Jan. 275* Jan. 20 ........* 1st preferred Jan. 30 21 340 Gold 9c Stock Telegraph.. 100 378,870 Goodrich (B F) » 23,920 7% preferred..... .100 1,097,560 Goodyear T 9c R • Preferred 3 95 445* 115* Corp.* _ Glidden 65* 7 46 .....100 Electric...... Preferred Sale 33 Cigar Inc. 3 70 30 12 12 ......5 Prefeired 7%.. Class A.. General 25* 485* * Preferred Gen Jan. 45* May 12 Dec. 55* Oct. 90 85* Mar. 25 48 Oct. * .......100 Gen Amer Tank Car.... General 2 Sale 4 125* Jan. 505* Jan. 415* Jan. 80 Feb. 24 45* Oct. : 105* Dec. arl55* Dec. .......5 Gen American Investors General 16 4 30 13 .....33 Class A...* 15* Jan. 35* Jan. 215* Jan. 56 65 65 25 94 35* 175* 35* 165* Sale Gamewell Co (The).........* Preferred.... 94 Jan. 125* 5* 5* Feb. 36 3 55 60 100 * Gardner Motor 93 8 1 Dec. Dec. : 20 4 35* 3 15* 35* Sale 215* Sale 8 95* 22 135* 35* 185* Sale 25* Sale Fuller Co prior pref. .......* 2d preferred.... .......* Gabriel 115* 8 ...* .... 55* 2 Sale 35* Dec. : 40 ..... 4 Mar. 20 5* Sept. 2 25* 25* 45* 22 Sale 24 Jan. 7 Jan. 9 Feb. 26 Feb. Jan. 6 Sale 12 Mar. 17 7 5 iS* Jan. Dec. ; Dec. 85 2 22 27 9 Jan, 46 1 Jan. Mar. 13 27 30 Jan. * Mar. 12 Jan. Jan. ..10 Mar. 12 Jan. 5 Federal Water Service A Sept. 1 Aug. 26 Dec. Dec. Dec. 15 5 17 Fidelity Phenx Fire Ins Dec. Jan. 29 11 235* Dec. a;985* Dec. 19 11 35* Feb. Mar. 26 Jan. 31 27 35* Jan. 15* Jan. 115* Jan. 9 19 Mar. 25 425* Dec. ; 185* Oct. 3 5* Dec. 22 2 Mar ; Feb. 26 20 4 17 Federal Motor Truck.......* Federal Screw Works.......* Mar. 17 I Nov. Jan. 6 9 [ Mar. 19 59 185* Federal 26 Dec. 'Dec. 32 Dec. 1-64 Dec. 23 Dec. 5* Dec. 5* Oct. 5£ Dec. 5* Jan. 9 42 17 ..... ; July Feb. 25* Sept. 41 42 52 Preferred. 7 10 14 Sale Sale Jan. [ July 14 15 10 1?* Dec. 15 Jan. 40 1M . 52 29 17 18 Feb. Feb. J Mar. 10 5* Dec. 30 94 475* Jan. Department Stores.* Preferred.... [ Aug. 28 5 Oct. 2 i Feb. 24 Sept. 14 I Mar. 19 Mar. 17 Dec. 30 8 4 Federal Light 9c Traction..15 Federal 20 9 Mar. 75 75* Sale 85 2 4?* lH 425* 175* 35* 15* 95* Sale 9 <K Jan. 2 115* 845* 46 Sale 14 22 12 445* Jan. 185* 35* Jan. Jan. 5 60 2 Jan. l 28 21 30 17 18 Dec. 30 71 3 33 9 103 4 Jan. 50 55 4 18 49 Sale 2H 105 3 Sale 60 ( Mar. 19 ( Feb. 9 Apr. 15 * Aug. 20 17 25* Dec. Dec. Dec. 55* Dec. 50 Dec. 94 Dec. 77 103 8 135* Jan. 47 35* 35* 105* Sale 555* Sale ■ ( Mar. 20 95 Oct. 24 925* Dec. 22 6 245* Jan. 85* Sale 265* Sale 99 985* 25* Sale 5* 5* Prices. . 425* Oct. l 15* Dec. 30 10 Sept. 24 6 Jan. AA a 92 35* Jan. 875* Jan. Jan. 73 Sale s* Jan. 12 | 35* 20 255* 265*' 295* 315* 255* Jan. 103 122 117 1005* Jan. 1005* ii 1* ~;h 100 Preferred ...._.._* 263,300 General Refractories.......* 1,290 Gen Steel Castings pref * 113,100 Jan. Highest. 20 5* Dec. 28 Sale 795* 1165* 55* 5* ..... • Endlcott-Johnson . 53,600 55 • 413.300 Special ............10 1.911,250 General Foods .......* 841,554 Gen Gas 9c Elec Cl A ...* Class B * 3,100 Preferred A (7) 1,000 * 1,480 Preferred A (8) • Conv preferred A 61,100 ._* 13,800 General Italian Edison 136,800 General Mills • Preferred 25,600 .........100 1,918,818 2.765.577 101,800 208,400 23,100 250,700 9,960 533,900 2,009,579 11,700 mm m 5 10 Jan. 105* Sale 1015* 1015* Jan. — 825* Sale 1125* 55* Sale 555* Sale 475* Jan. 2 89 21 99 Lowest. Sale Prices. 90 _ Preferred 6,690 ...100 10 87,200 Firestone Tire & Rubber Preferred 100 124,540 296,600 First National Stores .* 10,736,456 1015* 915* 265* Sale 5* ♦ Pref ctfs of deposit... 60,603 Fairbanks Morse.. 276,100 15,175 3,042 24,000 3,300 26,300 8,743 1.215.900 1,300 52,000 222,650 4,094,360 1,610 1,021,400 4,140 1,010 35,130 16,559 97.800 148,000 9,747 658,418 703,600 280,000 4,550 150,600 36,200 18,420 42,500 85,300 3,470 mt Highest. Sale Prices. Rights Elec Storage Battery Elk Horn Coal Corp. 470 3,620 22,013 7,350 65,125 15,703 3,100 5,320 1,600 23,700 23,500 232.200 170,163 2,590 ' Sale 1 12 90 Ask. 51 2 15* 3 40 * Preferred (5) .........* Gen Outdoor Advertising * 150 129 65* * Gen Motors Corp,.........10 180 147 26 8 Sale Preferred certificates 213,200 63,230 24,530 23,710 4,093 240,660 204,250 2,700 432.225 78,362 9,924 21,825 145* 103 1015* 1045* 23 53 5* Sale 6 ........... 18.847,247 B 99 Sale Elec 9c Musical Ind— American shares w 1...... 7,300 5,600 600 6 14 Lowest. Sale Prices. Jan. 30. 2. Ask. Bid. Bid. 4* 1,403,800 330 63 Ask. Sale 6% cumul preferred....100 120 Sale 54,400 Eitlngon Schild • 69,200 Preferred 6H% 100 355* Sale 51 3,263,563 Electric Auto-Lite * 110 2,350 Preferred 100 106 160,700 Electric Boat 25* Sale 740 Filene's Sons 4,100 4,800 22.400 Bid. 53,006 469,105 YEAR 1931. Price Jan. 2 1931. Shares. RANGE FOR PRICES IN JANUARY. STOCKS N. Y. STOCK EXCHANGE Shares. 33 EXCHANGE—STOCKS 2 14 68 S?* ii* Feb. 10 Feb. 21 Feb. 25 Apr. 21 Apr. 28 735* June 15 65* Feb. 6 EXCHANGE-STOCKS N. Y. STOCK 34 AGGREGATE SALES. In 12 Months January. n. y. stock exchange 1931. Shares. Shares. 378,400 216,650 256,900 1,500 327,900 55,420 50,200 299,200 227,300 185,620 16,160 3,640 894,600 31,115 73,500 7,200 7,100 v " 9", 800 3,300 100 13,500 11,500 12,800 430 30 45,200 100 870 "moo 70,150 ""Boo1 13,000 4,300 311,770 35,110 Lowest. Grand 180 12,100 3,200 1,500 62,100 1,340 19,000 140,300 6,440 126,265 9,300 4,200 500 100 200 800 1,500 2,700 5,600 9,000 2,100 24,250 26,700 12,900 35,600 43,400 194 [950 82 000 Jan. 30 21 11% Dec. 30 24% Dec. 17 Great Northern Ir ore prop.* Jan. 14 10 Great West Sug.. Preferred ..* 5 Jan. Jan. Jan. Jan. 26 Jan. 8 Jan. 5 Jan. 7 1% Jan. % Jan. 11 Copper..100 15 Grigsby-Grunow Go........* 1 Greene Gananea 3,100 "6",350 "6", 800 1,400 5,100 800 1,600 34,800 5,300 7,100 32,100 4,800 700 56,200 1,700 26,200 60,500 4,000 224,000 1,900 670 1,500 600 8,000 6,100 2,100 260 5,200 55,800 3,800 80 12 2 Stores...* 14 14% Jan. 19 Jan. 16 11% Jan. 7 360 1,100 6,300 3,600 200 27,400 560 4,860 12,300 74,300 410 155,900! 30 105,150 30 icft 17 600 698,100 64,900 3,412',000 o 012 7141 30 100 3,200 • Jan. 8 Motocycle— 29 ... 23% Jan. 27% Jan. 20" 3 Inspiration Cons Copper—20 Insuranshares Corp (Del.)--* Internet Agriculture Prior preferred * ...100 7 Sale 2 Sale 13 Sale 2% % 2% Jan. Jan. Jan. Jan. Jan. Jan. Jan. 11 u 14 14 12 4 Sale 1 1 48 149% Sale * 10 1103% Sale 51 Sale ._....* Preferred certificates Internat Harvester,.. * 7% preferred 100 Internat Hydro-EIec Sys A. Internat Match pref 25 Internat Mercan Marine Internat Nickel of Canada..* Preferred 100 Internat Paper pref 7%—100 Internat Paper & Power cl A * Class B * Class C * Preferred ——100 — Internat Printing Ink Preferred ...————.100 International Salt...—..100 International Shoe * International Silver......100 7% preferred..........100 Internet Tel & Tel * ...... ... Preferred Preferred 1% Sale 20 1 1% 5% 7 99% Sale 3% a 4% 16 * Sale 1% Sale 10 Sale 4%| 25% Sale 1105% 108 Sale 05 10% Sale 3% 112% 117 25 21 9 5%l 2% Sale 26% Sale 11 3 4% 1-16 2 % % 60 Kelvinator Co Kendall Co pref A.—— Kennecott Copper Kimberley-Clark <G 4% ^ 100 -10 100 Kreat (S H) 8c Co Krueger A Toll Co——Kroger Grocery A Bak 35 18 73 50 .... 60 , 15% 5 65 17 9% 53% 52% 4% Sale 21 Jan. 13% Jan. 29% Jan. Jan. 11% Jan. 24% Jan. 108 Jan. Jan. " Feb. 24 Feb. 25 17 Doc. 17 15 15 18 8 14 21 7 21 21 4 15 2 55 Jan. Jan. 25 8 18 37 8 10% Jan. 13 9 Jan. Jan. 21 7% Jan. 4 Jan. Jan. 22 11 30 55 45 Jan. 27 23 Jan. Jan. Jan. 21 4 52% 4% 2% 18 Jan. 14 4 331 Jan. 24 4 % J an. 1% Jan. 14% Jan. 5% Sale 5 9 8 14 32 30 Sale 18% Sale 118 Sale 95% 100 97 79 113 85 78 114 Sale LOO % Sale 15% | 5% 100 30 «iau. Jan. it Jan. 15 99% Jan. 22 78 Jan. 29 84 15% Jan. 112% Jan. 78 in 26 25 8 Jan. 23 6% J an. 4 Jan. 12 Jan. 4 Jan. 2 6% Jan. 6 7 Jan. 20% Jan. 2% Jan. 30 18 Jan. Jan. Dec. 54 June 29 51 Mar. 10 90% Mar. 28 38% Feb. 24 21% Feb. 20 68 Sept. 1 67% Mar. 24 18% Feb. 24 9% Feb. 24 31 Jan. 14 9 105 Jan. 57% Feb. 80% Mar. 126 1 Apr. 123% Mar. 115% Apr. 15% Dec. 12 15 18 111 % Oct. 30 7 % Dec. 15 7% Dec. 15 24% 5% Dec. 30 18 . 10 Dec. 11 101 % 3% % Oct. 6 10 Sept. 22 5% Oct. 6 83 % Dec. 68 Dec. 5 11 19 10 21 9 5 Mar. 19 Jan. Feb. 16 Feb. 9 Mar. 20 Mar. 24 Mar. 31 4% Jan. 3 Dec. 30 Feb. 25 8% Sale 26% 28 7 Jan. 41 15 9% Jan. 29 Jan. 6 Sept. 21 Mar. 19 Jan. Apr. 26% Jan. Jan. 5! 18 Jan. 28 1 % J an * 5 12 Jan. 12 15% Jan. Jan. 1103 110 4 2 Jan. Jan. "15 4% Jan. 12% Jan. 5 ^ 13 20 19% Jan. 2% Jan. 13% Jan. 19 37 5 Jan. 15 Jan. 9% Jan. 15% Jan. 26% Dec. 23 4% Dec. 22 12% Dec. 15 56% Jan. 3% Jan. 2% Jan. 115% Mar. 28 158 Nov. 23 95 Nov. 9 40% Oct. 6 3 % Dec. 30 1% Oct. 21 25 35%| 100 | 2 Jan. 5 28 5 Dec. 17 Dec. 30 100% Dec. 18 % Dec. 24 20 Dec. 30 100 46% Jan. 3% Jan. 6 9% Dec. 15 13% Dec. 15 1% Dec. 30 Jan. 28 104% Jan. 2 Jan. 19 30 5% Sale 32% 40 41 45% 22% Sale 18% Sale ' 6 Jan. 26 4% Feb. 26 43% Mar. 27 16% Feb. 26 69% May 6 42 Feb. 9 4 26% Sale 3% Sale Oct. Oct. 31 26 26 Jan. Sale 78 Sale 16% Sale 17 53% Dec. 11 52% Dec. 24 4% Dec. 17 1 % Dec. 17 14% Dec. 29 24 3 10 100 20% Feb. Mar. Mar. 10% Feb. Sale 3 23% Sale 39% 40%| 17% Sale 106 Jan. 5 113% Jan. 5 1% Jan. 9 Jan. Jan. 1% Sale 35% 14% Sale 0 4 0% 32 50 15% Dec. 18 Dec. 12 7% Dec. 17 50 24 95 40 10% Sale" 21% Sale 8% Sale Jan. 15 Dec. 18 Dec. 24 Dec. 29 95 Sale 90 Dec. Dec. 18 123 * Dec. 15 42 1% Oct. % Dec. 14 % Oct. 1 6 % Dec. 24 4% Dec. 14 2 44 Sale 14% 21 5 62% Feb. 10 4 Feb. 2 Feb. 16 Feb. 9 Mar. 2 Mar. 21 Feb. 26 Mar. 20 Jan. 5 39% 1 30% Dec. 17 22 60% Dec. 10 143% 105 9% Dec. 17 31 11 Dec. 28 73% 2% Dec. 10 16% 80 7 15 5 Dec. 30 Dec. 30 20 44% Jan. 8 3 7 6 10% 57% 58 Oct. 15 14 12 28 24 24 Feb. 24 Feb. 24 Feb. Oct. Dec. 16 Jan. Jan. Jan. 52 Feb. 24 Feb. 21 Feb. 92 3 5 30 21 19% Jan. 36% Jan. 17% Jan. 52 Jan. July 21 July 21 Jan. 14 6% , 3 Sept. 29 Feb. 27 Dec. 12 1 Jan. Jan. Jan. Jan. 1% Jan. % Jan. 9% 85% 10% 2% Feb. 24 Jan. 12 4% Dec. 28 Jan. 4 Jan. 16 8% Sale 67%j 27% Sale 25 A Co preferred 4% Feb. 11 86 5 Dec. 17 Aug. 7 Dec. 17 Sept. 21 Dec. 13 14 15 Sale Sale 19% 72 20% Sale 16% Sale . 9 18 Jan. L9% 57% Sale Jan. Jan. Jan Jan. Jan. Jan. Jan. Sale 30% 20 —* 5 2% Dec. 28 11 10 37% Sale 48 4% Jan. 1% Jan. 7% Jan. 108 % J an. 5% Jan. 18% Jan. 1% Jan. Jan. 95 Jan. 7%! 1% Sale 6% preferred..... 100 Preferred ft%..........100 Kelsey-Hayes Wheel————* Oct. Mar. 13 Mar. 10 Mar. 27 Mar. 27 Mar. 3 Feb. 27 Apr. 8 Dec. 15 Mar. 10 Mar. 17 Feb. 24 Feb. 24 Feb 24 Jan. 3 Feb. 24 4% Feb. 27 27 Dec. 17 25% Dec. 14 182 112 Nov. 19 127 19% Dec. 30 71 5^ Jan. Jan. Jan. Jan. Jan. 7% Sale 1% Sale % Sale % Sale 7 Sale 55 _ 7% Jan. 80% Jan. 85 r5 36 7 9% 20% % 3% 1% 4% 3% 14% % 4% 4% 22% Sale 105% |105 9% Sale 15% Sale 3 Sale 7% Sale * Kelly-Sprlngfleld Tire..... cum 1% 24% Sale 4%, 22% Sale 57% Sale 15% Sale ————* ...100 Kaufman Dept Stores ._S12.R0 Kelth-Albee Orpheum pf.100 7% 4 35 32 Jones A Laugh Steel pref. 100 Kansas City Lt 1st pf Ser B *, Kuppenhelmer 25 48% Sale ..———• Karstadt (Rudolph) Kayser(J) A Co Dec. 17 104 Dec. 17 8% 9 105 .... Jewel Tea Inc Johns-Manville .....* .......1 — 10% Dec. 17 37 5% Dec. 18 19% 81 Jan. 6 138 2% Dec. 30 9% 52% Sept. 30 65 15% Dec. 17 68% 3 Dec. 17 14% 11% Dec. 10 29% 7% Oct. 1 26 3% Oct. 1 13% Jan. 22% Jan"' 4% Jan. Jan. Jan. 18 % Dec. 28 May 1 1% Dec. 29 1% Jan. 27 Jan. Sale 3% 3% Sale 42 Internat Cement.. * Internat Combus Eng......* Preferred..... Mar. 24 Dec. 16 15 5 6 18 July 24 4% June o Business Machines.. Internet Carriers Ltd Feb. Dec. 12 119% Dec. 17 103% Rights * Mar. Oct. 60 128% Dec. 15 15 New Interlake Iron % 12 100 * 1% 8 % 1 Dec. 28 1% Jan. 31% Jan. 36% Jan. 29 1% Jan. Corp..... Insuranshares Ctfs Inc.....* Intercontinental Rubber.._* H% Jan. 28 Jan. ....——10'' 19% Mar. 21 Fob. 5 Jan. 6 Feb. 19 Dec. 17 44% Feb. 16 Dec. 17 117 Mar. 30 Dec. 14 10% Feb. 9 Feb. 24 Dec. 21 Jan. 8 Nov. 27 Dec. 3y± 57% 23% 4% 16% 11% 5% 4 41 15 130 11% Jan. 29 9% Jan. Refining..———..10 Steel 67 12 % J an. 55% Jan. 16% Jan. 3% Jan. 4 Mar. 30% Mar. 26 Apr. 6 9% Mar. 26 63% Mar. 30 30 21 14 8 9 Feb. 24 Jan. 81% Jan. 2 Preferred Int Sept. 16 Sept. 28 Jan. J an. 82 Jan. 120 ... 7 15 May 13 29% Feb. 25 Aug. 29 23% Apr. 9 11% Jan. 8 96% Jan. 8 74% Mar. 6 Mar, 10 42 26% Jan. 95 Jan. Jan. 77 Jan. 1% Jan. 10% Jan. 5% Jan. * d B 54,900,Lea Rubber A Tire— 128 Jan. Jan. 92 * 625,260|Lamhert Co 11,360'Lan® Bryant.— No par value. 12 71K — 300 1% Jan. 71% Jan. 124% Jan. 205"" 240' l,050lLaclede Gas 97% 5201 Preferred......——100 35,400 12 78 7*650 KresgeDept Stores *820 8% preferred...———100 26 800 Jan. 1% 100 preferred 925 507 Kre8*e <s S> Co '1 430 7% preferred 10 10 6% Jan. 7 700 ~l",266 6 8] 25 ... 18.950 Jan. 70 15 14 3% Jan. '14 1% Jan. 15 100 101,280 Investors Equity 23,400 Island Creek Coal 700 900 Jan. Mar. 19 Mar. 24 June 18 103 Dec. 31 94 90 Motors......... Preferred -.100 Pref without warrants..100 3,670 —* 19,000 Intertype Corp oqk 29 * Homestake Mining 107,841 2,750,300 2,950 12,418 2,020 27,560 435,990 42,500 4,600 310,600 6,940 17,730 260,930 2,478,600 6,450 21 * Hollander (A) Ac Son Inland Jan. 9% Jan. 65 Hawaiian Pineapple...——20 Industrial Rayon Ingersoil-Rand 11 94 100 Preferred 26% Sept. 27 1 % Dec. 23 14 Dec. 28 20 .——..100 164,040 Interstate Dept Stores q 29 10% Jan. Printing Hartman Corp class A— Glass B 150 1,220 15 Hamilton Watch.. 900 140 22 Jan. Indian Dec. 17 Dec. 23 Dec. 18 4 6 __ % Dec. 17 Sept. 11 14 23 Indian 1 Jan. 27% Jan. 2% Jan. Preferred 1 Dec. 29 Dec. 29 Dec. 14 7 27 Preferred Dec. 15 5% Oct. 73 15 12 7 Hall 11,013,798 2,300 222,500 12 Preferred..——————100 6,980,174 21,168 8,210 55,150 42,100 196,610 109,432 31,300 5,310 436,400 250,350 48,050 2,900 170 700 30 30 Hahn Department 69,386 169,820 42,200 45,050 46,400 77,056 44,600 135,250 63,300 23,650 273,268 144,800 299,425 293,600 55,600 1,500 1,160,800 45,100 450,300 460,055 132,160 5,000 1,800 19 25 5% Jan. * 7% 1st preferred.....—100 ...—25 Preferred A————25 Hackensack Water - 100 ^ 21% Jan. 26% Jan. 1% Jan. Gulf States Steel—.. 81,000 1,260 246,140 390,235 179,500 292,000 2,800 13 % Jan, Guantanamo Sugar........* Preferred ........100 255 "3", 700 4 3 —100 78 ——— 260 9 5 Dec. 18 Oct. Jan. Finance part pf 50 41,600 791,400 Houston Oil of Texas.....100 Voting trust certificates.25 696,610 224,900 Howe Sound. 693,950 Hudson Motor Car 910,800 Hupp Motor Car Corp.——10 1,300 Nov. 23 464!5001Houdallle-Hershey Household 2,800 12,200 28,200 21 30 ———— 500 7 26 Jan. * 20,596 Preferred... 6,460 198,200 Hershey Chocolate Preferred 67,500 9,500 Hoe (R) & Co class A 56*100 Holland Furnace 4,400 5,000 13 Jan. 50 Hercules Powder.. 450 J an. 25% Jan. 11H Jan. 30,800 Hercules 800 8 * l"ayes Body .......—* Holme (G W) 25 7% preferred..... —100 490 2,600 Feb. 24 Mar. 24 5 Granite City Steel.........* 240 ""600 May 5% Dec. 14 1% Dec. 28 5 .......* 10,640 Hanna preferred 154,800 Harbison Walker Ref...——* 1,226' 1% Sept. 30 14 Jan. Grant (W T) 260 3,400 12 22 Jan. ; Sale Prices. Jan. * W) Stores pf.100 Union Preferred Highest. Prices. 3 4% Jan. .....—-* Grand (F A Sale 7% Jan. 5 2 5 —* Silver Stores Grand Sale Prices 2% Jan. 5% Jan. 1% Jan. Graham-Paige Motors..... Granby Cons M S Ac P....100 Lowest. Highest. Sate Prices. Par. 990 ; RANGE FOR YEAR 1931. PRICES IN JANUARY. STOCKS 14 28 8 Mar. 12 6 31% Feb. 24 41 Jan. 9 20% Jan. 9 29% Aug. 20 29 May 8 115 Aug. 19 6% Aug. 13 47 Nov. 16 65 Feb. 24 27% Mar. 25 35% May 8 25 Mar. 12 115% Mar. 28 207 Mar. 4 101% May 6 87%- Mar. 19 17% Jan. 6 4% Mar. 26 N. Y. STOCK 35 EXCHANGE-STOCKS * AGGREGATE SALES In . January. | 2,100 300 15,600 7,600 5,200 5,500 600 5,300 56,800 800 1,300 6,700 108,100 2,500 100 110 3,320,908 900 90 90,500 1,310 186,741 326,800 15,400 73,250 8,300 15,100 4,900 100 320 120 1,000 4,000 59,000 8,000 1,600 6,100 Preferred 50 ...... Lehman Coro (The) Lehn Ac Fink 36V* * —* Llbby Owen* Glass Lima Locomotive Works .. Liggett Ac Myers Tob pref.100 Common 25 25 •B Lily Tulip Cup Corp-.....-* Link Belt Co.. • Lieu Id Carbonic .... Loews Incorporated Preferred.. * * Common 25 .... Louisiana OH * 0 % % preferred ...100 Louisville Ga« 8c Elec A * Ludlum Steel * Preferred 35 28% 41% Sale 3 4 Sale 3 5 Sale 30 118 Sale 110 90 11% 3% 55 36 Sale 75 Preferred . 463,460 Mack Truck Inc....... 399,140 Macy 41,440 Madison Square Garden 107,700 Magma Copper * * 37.000 Malllnson (H R) Co...... * 960 7% preferred .......100 .........100 9,450 Manati Sugar 7% preferred...........100 3,460 * 8,900 Mandel Bros .....25 30,500 Manhattan Shirt.. 32,500 Maracaibo OH Explor....... * 411,770 Marine Midland...........10 60.300 Marlin-Rockwell .....* 122,000 Harmon Motor Car.. 295,200 Marshall Field & Co.......-* 6,700 Martin Parry Corp , 220 1,000 600 35,800 1,700 6,200 14,900 459,200 Mathieson Alkali Works... 7% preferred....... ..100 1,170 425,902 May Dept Stores ..........25 26,800 Maytag Co (The) * 7,400 120 12,855 2,000 400 5,100 1,760 770 600 22,700 5,500 446,500 700 71 30 48 Sale 14 20 60 80 60 13% 51% 2% 7% 15 12X Jan. 53 51 7,700 1,100 540 190 66,000 Sale 19 X Sale 2 % 2% 30 % Sale 120% 123 % IX 2% 4X X OX 9X IX 10X 130 10,100 4,400 300 34,100 100 1,000 ""6", 166 6,800. 370 140 3601 46,900. 341,500 1,900 42,600 Moline Pow Implem..* 25% 14 21 104 38 % Sale 4% Sale Sale 23 Sale 7% X 21 5% 22 Sale Sale Sale Sale 1 23 X 5% 36 S - 23 H * * • Jan. 14 12 Dec. 17 5 60% 3% 8% 1% Jan. Jan. Jan. Jan. 14 27 14 18 50 2 Dec. 17 106% Feb. 27 Sept. 21 Mar. 24 7 8 28 6 1 Jan. 2 Jan. 25 3 Jan. 5 27 7 Jan. 15 % Jan. 12% Jan. 10% Jan. 12 14 15 5 19 5 5 Jan. 14 5 16% Jan. 14 Jan. 13 104 Jan. 13 3 Jan. 14 8% Jan. 35% Jan. 13 6 10 * __...* 8 2 IF 7§* 5 24 25 Sept. 21 Dec. 18 Feb. 29 Feb. 28 25 19% Jan. 22% Jan. 17 Dec. 22 M Dec. 10 14 11 2X Jan. 9 4% Jan. 6% Jan. 13 Jan; Jan. 14 2 1 5 94 Jan. Dec. 18 8 Jan. 4 Jan. Jan. Jan. Jan. Jan. 7 Jan. Jan. Jan. Jan. Jan. 20 20% 6% 29% X X 10% 23% 10% 32% % 4 % Sept. 15 Jan. 9 % Dec. 22 Jan. 29 15 Jan. 9 25% Jan. 6% Jan. 14 5 14 5 2 8 1 15 1% Dec. Feb. 26 2 H0% Aug. 8 17 58% Feb. 9 18 Feb. 10 25 6 7 21 Oct. Jan. 4 Jan. 7 Oct. 35% Oct. 11 18 Feb. 10% Feb. 24 8 16% Jan. 31% Feb. 24 5 ! 14 Jan. Mar. Apr. 10 21 100 ,2% Sept. 30 48* IF Dec. 29 Dec. 17 14 6% 7% 16% 6% Dec. 17 29% Feb. 26 18 28 Dec. 30 58 13 Oct. Oct. 6 1 Dec. 28 2 Aug. 15 Feb. % 4% 47% 19% 19 Mar. Mar. 10 16 Feb. 20 Mar. 26 Apr. 6 Feb. 18 6 13% Jan. Jan. 5 27 Jan. 13 20 18 14% 7% 18% 19% 3% 7% 1% Jan. Jan. Jan. Jan. Jan. Jan. Jan. 28 11 Dec. 8 5 Oct. 7 20 Oct. 14 15 Dec 2% 2% % 3% 36% 119% 7% Dec. Dec. Dec. Dec. Dec. Dec. Dec. 21 153% May 30 39% Feb. 26 Dec. 17 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 5 8 4 4 5 29 29 5 4 5 Jan. 44% Jan. 16 130 13 8% Oct. Dec 14 21 5 12 14 Jan. 13 11% Jan. 26% Jan. 15 Jan. 2 14 18 36% Mar. 26 29 IF 30 5 22 18 Mar, Jan. 6 26 Mar. 10 45% Mar. 26 12 28 40% Mar. 20 18 13 Mar. 20 30 10 Feb. 24 32 Feb. 26 27 17 83% Feb. 24 Jan. Jan. 29 8 4 22 Jan. 13 Dec. 5 8 Jan. 21 5% Dec. 16 19 92 10% Mar. 18 Jan. 6 x78% Dec. 20 50% 16 Jan. Jan. 8 4 118 Jan. 14 5 105 Jan. 13 14 29' 23% Jan. 8 Jan. 0 36% Feb. 24 27% Feb. 20 100 15% Jan. 60 Ill Jan. Mar. 25 7% Feb. 26 % Dec. 30 4% Dec. 30 Jan. 12,^ Jan. ... ' 5 . 2% Supply......... Preferred........ National Surety.... National Tea Co.. Sale 21 Sale 20 X Sale Sale 20 Jan. 6 26 Jan. Jan. Jan. 4 29 6% Jan. 5 Jan. Jan. 28 150 Sale .... 100 110 26 Sale 23 ... .50 Sale L2 Sale Sale 7 Sale 23 Sale 3% 5% 5 Sale 14%. 15 7% 8 3% 5 5% Sale .... NeLsner Bros Nevada Cons Cop Newport Co (The)........ ........ 6 8 8% 11 5 5 8% Jan. 22 Sale 24% F Sale 4 8 Sale 26 83 Sale 12 45 Jan. 21 20 17% 9% 5% 6% Jan. Jan. Jan. Jan. 14 zlO 13 Sale Sale A* ' 49 98 101 109 111« IX 3% Sale sr> 93 98 112 105 Sale 64"" Sale Sale Sale 53 54 Sale Sate Sale Sale 43 Sale 4 % Jan. 6 2% Jan. 6% Jan. 5 2 45 Noranda Mines Ltd 1.181.100 North American Aviation. . 18 14 14 14 Feb. 3 7 24 Jan. 58% FeD. 27 70% Feb. 27 Dec. 10 Dec. 22 111 Dec. Feb. 27 17 -76% Mar. 26 24% Mar. 24 1 0 25% Feb. 6% Dec. 28 3 Dec. 7 Jan. 1% Jan. 4 Jan. 49 Jan. 90 Jan. 102 Jan. 12% Jan. 29 Jan. 41 Jan. 2% Jan. 30 2 2% 4% 6% 7% Jan. Jan, Jan. Jan. 4% Dec. 15 2 10% June 14% Feb. 24 20% Mar. 24 41 ..... ....... 5 31 4 Sale ......... American.... , % May 29 % Sept. 18 1 18% Oct. 2 Class A 1st preferred.. Jan. 11 132 9 Dec. 28 143 June 4 Dec. 17 120% July 20 10% Dec. 12 44% Feb. 24 T' 1% ......... National • 8 10 48 17 15 Dec. 12 27 50% Dec. 14 171 86 Steel........... No par value. 14% Dec. 16 113 Radiator.. preferred 35 100 National North . 9 23% Jan. 2% Jan. 5 Nat Power Ac Light..... 51.500 5 7 100 B 7% 25 Jan. Jan. 17% Jan. 100 A.......... Preferred Feb. 10 32% Feb. 24 3% Jan. 30 38 4 18 .......100 Preferred Preferred National 32% Feo. 24 3 31% Jan. 9 125% Mar. 24 Mar. 2 39 8% Feb. IS Sept. 29 24% Mar. 21 Dec. 11 Mar. 24 5 • Lend 25 3% Feb. 14 24% Feb. 24 Feb. 12 Oct. 21 Nat Enamel 8c Stamp.......* National 8 16 15% Dec.. 28 1% Dec. 30 5 1st preferred.......100 Nat Distillers Prod 8 June 8 Dec. 18 12 11 105 20 4 Jan. 4 12% Jan. 3 9 13% Jan. National Dept Stores.......* 7% 2 5 2 24 27% Feb. 24 4% Mar. 2 20 July 9 Dec. 12 % Nov. 19 X Dec. 29 Sept. 15 4% Dec. 24 % Sept. 24 9% Dec. 17 9% Dec. 19 1 % Dec. 28 9% Dec. 18 % Dec. 30 11 19 22 7 43% Feb. 2 7% Oct. % Dec. 15 2 5% 16% 15% 2X 5X X 2% 37% 125% 7% 100 22,300 Newport Industries Inc.. 104,600 Newton Steel 38,350 New York Air Brake..... 100 10,000 New York Dock. 5% preferred 100 1,800 .-* 221,350 N Y Investors Inc... 69,350 N Y Shipbuilding 100 2,615 7% preferred 9,520 New York Steam pref 6%. 983,300 4,626.710 17 Feb. 25 100% Apr. 14 7X Jan. ...100 Nat Dairy Prod Corp 24 5 Jan. 10% Jan. .... Register A_... 2 30 15 5 20 ♦ 7% preferred 3% Jan. 32% Jan. Jan. Sale Jan. 17 26 31 37% Feb. 26 10% Mar. 6 June 19 70 Jan. IX Jan. 7X Jan. 10% 22 21 19 Sale * 7% preferred......... National Biscuit...... 21 104 1M Sale 7% 10 8 8% Feb 29 26% Mar 103% Apr 53% Jan. 5% Jan. 80 20 Wks—* 26,200 Myers (F E) 8c Bros 51% Feb 17 51 % Feb. 16 93% Mar 30 100 Sale 7 Jan. 62% Jan. 6 2X Jan. 4 5X Jan. 5 7X Jan. 44X Jan. v4 100 Mar. 10 19 Jan, Jan. 20 Sale Sale 80 10 52% Feb. 17 36 100 Mohawk Carpet Ml iff. Monsanto Chemical Feb. Jan. 16 55 35% Feb. 26 Jan. 198 7% Sale 10 July 20 Aug Jan. 2X Jan. * 1,390,938 Mash Motors Go........ ....10 106,650 National Acme 4,030 Nat Air Transport........ 365.649 National Bellas Hess * 5.210 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 8 Jan. 6 30 15 .......... 12.000 2,400 1,700 5 4 ■ 17,200 1,400 6 Mar. 25 4 Jan. ......... 39,720 2,300 410,000 83,674 8,711 157,200 115,700 39,160 857,200 62.900 4 11 15 5 Jan. 1% Jan. 18 6 Jan. 54% 126% 102% 21% 9 Sale Preferred Nat Cash Jan. 2X Jan. 7X Jan. X Jan. 13X Jan. 104% Jan. Sale 15 Feb. 6% Apr. 24 Jan. 5 5 _.* * 475,150 Mullins Mfg Corp Preferred 21,735 30,108 Munsiugwenr 672,565 Murray Corp 9.400 6,900 1,100 6% VOlX % 1.787,125 15,290 1,329,026 3,034,791 44,000 5,217 368,500 34,300 88,600 12,610 6,740 2,586,950 310 3 5% 29 X 500 40,100 183,900 3%i -8 1 in 6% 7% % Sale 1% Sale 2 * 83,400 800 2% Sale ... , 4% 22 2% * 87,070 Mother Load Coalition. 142,000 Moto Meter Gauge & Equip.* • 68,000 Motor Products * 108,100 Motor Wheel 1,600 2,000 Jan. Jan. Jan. Jan. Jan. Jan. Sale 24 17 17 22 5 7,119,560 Montgomery Ward 8c Co. 23,900 Morrell (J) 8c Co 3,100 182,500 Minn Jan. 26 710 Milwaukee El Ry Ac Lt pf ..100 Minn-Honeywell Reg Co....* 500 43 Jan. 8% preferred 100 5 111,975 Miami Copper 544,500 Mid-Continent Petroleum..• * 185,400 Midland Steel Products First preferred 26,190 ......100 18,700 110,500 12,300 76,700 93,925 6X Jan. 14% Jan. Sale 8 40 1,700 13,200 55 7 16% .............100 Preferred Dec. Dec. 5 Jan. Jan. vtetro-tioidwyn Plct pref..27 280 Mexican Petroleum.......100 300 15 15 "21" 5% 27 % 91% Feb. 24 26% June SO 33 Feb. 11 55% Feb. 24 63% Feb. 16 99 Mar. 10 Dec. 29 Dec. 17 5 35 231^00 3,000 15,100 13,000 22 20 3X 18% 2% 28X 13% .% Oct. Sept. 30 Jan. V- 4 4 Jan. Jan. 27 Jan. 12 • 8,800 Mesta Machine Co 2,400 17 Jan. 60,000 Mengel Co 80 13 Jan. Feb. 91 3% Jan. 1% Jan. 35 S 14 0 24 27 16 26 May IS 7 34 Dec. 21 146 5 4% % Sale 4% Sale 5 5% 7 J* Sale 2% Sale 20 SaleHf" 23 Sale Jan. 25 Oct. 23 Jan. 17 18% Feb. 22 101% Feb. 30 8% Jan. 24 30 July 27 69% Feb. 34% Feb. 15 20 Apr. 18 115% Jan. 83 Jan. 5 16 Pref with warrants 45,100 lit pre* 0% 16,800 47,900 Melville Shoe Corp.... 1,000 21 19 ...... 110 Jan. 2 Dec. Dec. 1% Dec. 6 Dec. 8 % Nov. 18% Oct. 5% Dec. 12% Dec. 5 72 20 Jan. It* 6 Jan. 18 Jan. Sale ..* Highest. Sale Prices. 15 13 4 21 14 Jan. 22 19% Jan. IX Jan. 6X Jan. 47 62% 14 Jan. Jan. Jan. mnJan. 4 33 99 16% 7 6 2 16 20 Jan. 58 4 59% Sale 16% 15 Jan. 6 115 Jan. 15% ....... 400 300 78 12 8 Jan. 29 15 29 27 20% Sale 71% Sale 13% Sale .............100 6 2% Jan. IX Jan. 15 38% Sale Jan. Jan. Jan. 20% 20% 4% Sale 14% 24% 17% 18% 35 Jan. 23 8 13 60 27% Sale 11% Sale 39 34 7*5* 29 29% Jan. 1% . Sale Prices. Jan. 28 3« 116% 112 83 84 73X 12 14% Sale 1 1% 1% 96 Sale 30 Sale 1 Sale 34 1,100 """540 67,000 2,600 260 Sale 44 ... 21,900 33,500 1,900 1,500 1,600 10,800 1,0001 2,100 36,000 Sale 46 86 * McCall 6 29 im ....* Preferred.. ..100 1,365 * 16,000 Mac Andrews & Forbes Co 50 Jan. Jan. Jan. Jan. 13% Jan. Jan. Jan. 45 Jan. 16 Jan. 12 Jan. 14 Jan. 23 Jan. 57 Jan. Lowest. Sale Price. Highest. 5% Jan. Jan. 1% Jan. 71 * ... 120 Lowest. .106 189,400 Mclntyre Porcupine Mines..5 * 1,634,550 McKeesport Tin Plate * 485,000 McKesson & Robbing Preferred 50 51,127 * 131,600 McLellan Store* class A 400 Jan. 30. Sale Prices. Corp • 43,290 McCrory Store* * Class B * 5,722 5,480 6% preferred .....100 * 32,300 McGraw Hill Pub Co.. 5,100 . Preferred ... 1,400 148,200 2. Lehigh Portland Cement..50 Lehigh Valley Coal 569,200 Loft Incorporated * 7,600 Long Bell Lumber A 237,300 Loose-Wiles Blsc ....25 1st preferred 100 3,450 18,950 Lorillard (P) pref...100 9,400 7,100 Jan. .Par. 35,620 4,250 130,500 24,100 458,590 129,200 278,500 135,650 8,800 90,300 741,140 13,900 32,000 261,700 3,066,100 24,025 230 c 1930. Shares. 2,300 YEAR 1931. Price Jan. 2 1931, Shares. RANGE FOR PRICES IN JANUARY. STOCKS N. 7. STOCK EXCHANGE 12 Months 55% Sept. 26 7 4% Oct. June 5 4 1% Dec. 15 18 2 % Dec. 15 30 2 24 4% Dec." 30 25 7 % Dec. 17 37% 20 Sept..29 80 ' 1% Dec. 30 12% 5 2% Oct. 7% 40% Oct. 17 4 1 80% Dec. 18 107% . 94 10 Dec. Oct. 26 Oct. 20 Jan. 23 29 Jan. 26 Jan. 27 7 Aug. Aug. 6 Mar. 12 18 118 6 5 40% Deo. 28 2% Dec. Feb. Jan. IV Apr. 20 1 29% Mav 90% Feb. 26 Mar. 27 57 10% Mar. 26 AGGREGATE SALES. 800 100 700 30 59,666 6,700 3,500 200 1,100 1,120 17,100 230 12,800 645 100 60 75,700 3,400 26,900 11,100 1,015 750 120 79,600 110 362,325 6,100 5,050 2,000 7,000 6,000 1,300 9,100 8,800 27,200 900 "l"206 1,700 110 35,700 52,300 900 18,700 21,300 700 500 20,400 52,417 30 90 "T,606 7,300. 1,900 5,000; 17,300 59,325 1,300 360 870 200 124,500 200 3,900 8,700 "2",700 72,000! 2,800 17",odd 760 53,300 431,800' 3,500 51,700 31",700 3,300 8,500 70 68 11,200 56.600 Class Ref.. Parmetec Transport Co. • 7X 3 1* o Sale 154 Ent ctf 8k 20 Sale Motor ..10 37 X * Sale Sale Sale 3X * 28)1 100 8c Coke Penn-Dixle 4 Sale 3% * Cement Sale Sale 17 100 * 7% preferred. People's Drug Store Inc 92 6% 86 50 Preferred Penn Coal 23 People's Gas L fik Coke 200 54 Sale 17 21X 20 Sale Sale 63 100 Sale Rights 6 J4 11 13 100 52 56 10 9 ... 100 23 67 X 14 85 Sale 89 X 85 3 20 11) 93) 18X Sale ♦ 11 Sale Porto Rlcan Am Tob cl A.100 18 Plttston Co 100 * (The) ...... Poor 8k Co class B Class B.: * Postal Teleg 8k Cable pref. 100 12X 19 18X J* a 14 X Sale 20 Sale Steel Car 7% pf-.100 33 40 7% 6% preferred ..100 Preferred (5) ..._.♦ 100 Pub Serr El 8c Gas pref...100 w 1 100 Certificates......... 25 100 Purity Bakeries..........,..* Corp of Amer Rem'ton-Rand • ♦ ... I st preferred 100 3d preferred 1,378 ....100 10 352,000 Reo Motor Car Cert.. 10 11,600 1,331,289. Republic Steel Corp...... * 2,606 Preferred ...100 cor 9,400,Reyere Copper 8c Brass. 5,590 779i Class A ..... Preferred 415,261'Reynolds Metal Co. 5,300 Reynolds Spring Co 15,500. New ... .. 8 23 19 5 29 5 1 5 1% Jan- IS Jan. 18 14 128X Sale 95 • '* ZlOO • , 8 % Jan. 2% Jan. 7X Jan. 16 % Jan. 1% Jan. 7 Sale Sale^ 2 82 82 Jan. 20 Dec. Dec. Nov. Dec. Dec. 15 Dec. 85 75 IX 1H 3% 15X AX Sale ,1 5 23% Sale 11554 Sale 1% Sale 3% IX 5% 23% IX 86 110 Jan. 30 85 30X 8% 4X s' 41 44 10 % Sale 3% 5 % Sale 21% Sale 27 Sale 1% Jan. 9 12 Jan. 12% Jan. 7 9 3 Jan. 4% Jan. 8% Jan. 8j 2% Dec. 5% Dec. J an. 35)-8 Jan. 6054 Jan. 6 Jan. 7 5% Jan. 14 41 Jan. 11 41 18 41 39 % Sept. 9 Jan. Jan. Jan. 6 29 13 5% Oct. % Dec. 3% Dec. X Dec. 1954 Dec. 26)4 Sept. 4 q 5 4 4% 27)4 29% 3% Sale 54 3X 11 12 X IX 28X 854 7 12 29 11X 25 Sale 8 Sale Sale Sale 33% 80 ¥8 Sale 60 - 3% 4% Sale IX IX 7 Sale 5 Sale 154 5X Sale Sale 6X Sale 8 7X 1% 11 IX 95 25 9 Jan. 11 value 81 Jan. Jan. % Jan. 3X Jan. % Jan. 20% Jan. 26X Jan. Jan. 6 2 X 6X 1% 22X 29)4 7)4 5 2 4 5 7 18 2X 39% Sale 100 ' 97 , 99% Sale Sale 4% 9 14 Sale" 59 5% Sale 8854 Sale 21 Sale X 4X 57 4% 60 12% Sale 6% Sale 29 X Sale 14X Nov. 2 52 Jan. 3 1254 Aug. 20 16 54 Jan. 5 10)4 Apr. 14 18 16 1 Jan. 4 Jan. 6 2754 Dec. 29 3 Dec. 15 87 12 28 I% Jan. Jan. 20 1 21 40 Dec. 30 Dec. 30 Dec. 18 9 Jan. 7 Jan. 7 8X Jan. 7 554 Dec. 22 3 Oct. 1 2 Sopt.30 54 Sept. 25 4 Dec. 17 4)4 Dec. 28 5)4 Dec. 23 J an. 14 5% Dec. 29 254 Jan. 42% Jan. 14 1% Dec. 6% Jan. 1% Jan. 37)4 Jan. 5 11 6 Jan. Jan. 4 5 4)4 Jan. 5% Jan. IX Jan. 4 103 Jan. 15' 14 14 1554 Jan. X Jan. „ 7)1 Dec. 10 71 H 112)4 6 16 160)4 4 1 Dec. 18 3 Dec. 16 14 118 15 Jan. 5% Jan. 60)4 Jan. 14 1054 Jan. 1454 Jan. 13 1054 Dec. 18 5% Jah. 9)4 Jan. 32% Jan. 18)4 Jan. 14 Dec. 3 12 Dec. 16 14 Dec. 16 Jan. 14 24 Jan. Jan. 9% Jan. 5% Sale 2% Jan. 4 7 15 Sale 12 X Sale 2% 7% 3 9 2% Sale 9% 15 17% 12 3 Sale 4% Sale 9% Sale 3% 4 5 5 7% 25 30 8X Sale 10X Sale 3% Sale 9% 14 % X 8 4 2% Sale 10% 14% 10% 20 3 3% 5 11% 2% 6 15% 8X Sale 11% a 4 11)4 Jan. 3% Jan. 9X Jan. 2% Jan. % Jan. 3 Jan. 8 2 J an. 5 10X Jan. ll Jan. 22 Jan. 2 3 4X Jan. 7 5 8% Jan. 4 Jan. 14 3 )4 Jan. 14 12 Jan. 55)4 9 5 8 Mar. 17 Feb. 25 Mar. 26 Mar. 21 Mar. 21 Dec. 18 Oct. 23 6H Mar. 25 Dec. 30 Feb. 10 3 Dec. 30 Jan. 8 Feb. Apr. 22 Keb. 27 Jan. 8 14 20 Jan. 21 Dec. 31 Jan. 6 354 Jan. 8 2% Dec. 30 Feb. 11 Feb. 11 14 4% May 12 4% Dec. 12 8% Dec. 28 Dec. 30 Jan. Dec. 22 Jan. 6 30 Jan. 13 12 6% Jan. 14 Jan. 3)4 Jan. Sept. 25 VA Dec. 24 6X Dec. 29 10 14! 29 5 6 Jan. Jan. 28 8% 7% Jan. 4 9)4 Jan. 14 5 4 Jan. 25 554 Jan. !H 30, 15 14 27 7 Dec. Sept. 21 IX Jan. IX 3% Jan. 354 Jan. 11)4 Jan. 3 28 5 15 2 Feb. 27 Feb. 27 .Dec. 18 Apr. 6 8X Dec. 18 IX Dec. 12 15 J an. Jan. Sale 20 19 15 5 2 19 254 Dec. 30 1-64 Dec. 6 Sale 11 Sept. Jan. May 4 3X Dec. 17 53)4 Dec. 29 3~X 50 Feb. Mar. 10 Aug. 21 Dec. 30 MarJ 19 49)4 Dec. 18 96)4 2 13954 Aug 12 112)4 Oct. Dec. 17 120)4 Aug. 18 92 Dec. 29 102)4 May 16 78 5 112)4 Apr. 22 109% Jan. 87% Dec. 17(107)4 Aug. 14 58)4 Feb. 27 15X Dec. 28 Jan. 9 X Sept. 3 Dec. 21 3 4754 Feb. 10 Dec. 28 26 16 22 15 Jan. 15 Mar. 16 Feb. 3 Feb. 27 99)4 Feb. 27 18H Jan. 5 1354 Jan. 10 27 Feb. 28 8 Feb. 27 39)4 Jan. 9 2054 Feb. 26 26)4 Feb. 26 3654 15 14 5 97 14 8954 Jan. "15 25 Jan. 14 2 % .Jan. Jan. 86 14t 3 11 28 27 27 Mar. 9 3954 Mar. 5 28)4 Jan. 12 80 Jan. 27 15)4 Feb. 24 21X Dec. 28 % Dec. 18 40 Feb. Feb. Feb. Feb. Feb. 37 16 28 28 72% 27)4 1 % 23 % 354 271 % Jan. 12 3% Jan. 3% Jan. 1 % Jan. 4% Jan. 5 Jan. 6X Jan. 95 Dec. 23 9 Jan. 27 Jan. 17 2 10 29 15 17 23 6 70)4 Jan. Oct. 4 28 Jan. 24 12 7* % 7; 27 Jan. 40 1 23 1 1% Jan. 1% IX 1 8 8% Jan. 3% Jan. 5 6 3X 124% 124% Jan. 14 124% Jan. 115X 124% 121% 5 57% Jan. Sal6 V 51% Sale 49% Jan. 54 Jan. 11 110X Jan. 117 ,108 115X 110 107 5 95 Jan. 99)4 Jan. 99 X Sale 95X 100 7 Jan. 8254 Jan. 78 8054, 78% 79% 78 18 14 3?f2Jan. 2 Jan. Jan. Jan. Jan. Jan. Jan. 8 Sept.25 23 12 X Mar. 3% Dec. 41 30 1% 3 4 Sale 8% Jan. 4 Jan. 5 4 6% 1% 5 2% Oct. i •No par 56)4 Mar. 12 10254 May 25 30 14 9% Jan. % Jan. 40 6 3) 454 Jan. 1 40 "3" 4 24 26 IX IX 1 2% Sale 85 X 16' 27 Jan. 8% Jan. 29% Jan. 3% Jan. 4 25 14 35 33 6X 39 38 26 23 4% X Sale Sale 13 100 8 Jan. 8 28 15% Jan. 73 40 44X 8% Sale¬ 6 43 20 X 29 X Sale 84 98 17)4 Jan 30 10 74 Feb 26 25% Feb.. 24 Dec. Dec. Sept. 254 Dec. 9)4 Dec. 36 Dec. 8 Dec. 4 Dec. 38 3 Sale Sale 54 Sale Sale il* Dec. 121 8% 8 10 . Dec. Dec. X Dec. 106% Jan. % Jan. 3X Sale 3X Sale 954 10 31% 44 8% 10 454 Sale 25 10 78 107 100)4 Sept. 2 5'4 Feb. 19 5)4 Feb. 10 29 Jan. 30 35)4 Mar. 31 104)4 Aug. 19 )5ft Feb. 16 454 Nov. 9 81 12% Sale 85 18 15 86 11 12 12X 3% Sale I 3% Sale 7 Sale 6% Sale I Sale 35 42 | 38 66 64 69 48 82 12 Jan. Jan. 75" Jaii" 12 55 36 Sale Sale 2 5% Jan. Jan. 4 . 1% Jan X Jan. 95 Sale 34X 16 X 28X 18% 25X 2% Feb. 20 854 July 3 15)4 Feb. 24 454 Feb. 24 46)4 Feb. 19 41% Aug. 20 Oct. Sale Sale 12X Sale 49 X Sale Sale 2)4 Mar. 12 4% Jan. 21 Oct. 2654 7954 154 54 2 X Sale 38 50)4 Feb. 24 11 Mar. 19 % Dec. IX Dec. 4)4 Sept.: 15 22 X Sale 8% 96 X 12 14 4 108 X 109X 50 X 13 4 Jan. 2 4)4 Feb. 25 20)4 Aug. 21 % Dec. 14 Dec. 24 5)4 Dec. 17 X Dec. 22 J4 Sept. 22 1 Dec. 17 5 6X Jan. Sale Dec. 28 18 83 X 149 \X 8 11% Jan. 4% Jan. 1)| Jan. 20 23 19 14 24 35)4 Jan. 29 36)4 Jan. 9 3 Oct. 26 40 Sale 5 69)4 Mar. 17 26)4 Mar. 18 13154 Mar. 17 .33 July 17 11% Feb. 18 Jan, Sale Sale 11 29X Jan. 107 X 108 X 109X 50 Preferred. 166,916' 120 50 Pure Oil Jan. 19 2754 Jan: ...• Pullman Company.. Punta Alegre Sugar. 768,700 18,025 Sale Sale * $5 preferred 8 19 7 2% Jan. Jan. 5% 6% 25 54)4 Mar. 10 26)4 Jan. 4% 25 / 3,238 VA 1 4 12 29)4 Oct. Oct. 7% Dec. x93 % Dec. 109 Dec. 3% Dec. 23 Sale Prairie Oil 8k Gas - Jan. 4 28 22 35 14 11 20 Sale 25 Prairie Pipe Line... Common 14 Jan. Jan. 40% Jan. 10X Jan. 102 Jan. 109 Jan. 2 5% Jan. 36 . 20 Sale 4X .25 ..... 11 27 3 25 100 United.. ... ~ X a Sale Sale Sale 100 cony 16 Jan. 22 Sale 8 Sale Sale 100 % preferred Pittsburgh Jan. 4 Sale 2% 40 100 pref 5 110 26 8 IX 26 X Pittsburgh Screw 8c Bolt, Pitts Term Coal 5 27X 40 32 — 42 Jan. 28 30 6% 3% 26% 21 9 ... Pittsburgh Coal (of Pa) 6% preferred 16 J an • 3X Jan. IX Jan. 1% Jan. Sale 2 8 41 X ♦ Pirelli of Italy A 2% 64 19 * Pllsbury Flour Mills 7 Jan. 6 x/2 Sale Sale X 6 72 57 100 Pierce Petroleum it* Jan. 5 Dec. 18 Dec. 3% Dec. 8 Dec. 40X Dec. Dec. 102 97 Jan. 2 X Jan. 5% Jan. 1 Sale a 8 15 Jan. 8 3 12 6% Mar. 27 85 Mar. 2 28)4 Feb. 28 75 Mar. 16 58X Jan. 12 29X Mar. 30 1654 Feb. 26 69)4 Feb. 2 55 Feb. 3 13)4 Sept. 10 3954 Jan. 20 20 5 IX 1X Jan. I 5 105 Jan. 19 5% n 3 9 70 25 8% preferred 9% Sale 13 X 7 » 5 __10k Pierce-Arrow Mot C pref.. 100 Class A * Steel Sale 7X ...» Phillips Jones Corp Pittsburgh 96)4 92 X 9% m 2% 79 Preferred 3% 2% 11 1X Sale Penlck 8c Ford Penney (J C) Co a Sale 4 11 A Radio 5 21% 21 18 Sale ix 3 .* Pathe Kxch 18 % 6% Sale Sale 5% 1 Pressed 4 21 13 32% Jan x36X Jan. Jan. Jan. Jan. 33 X Sale 3754 Sale 25 25 16 16 55 * Patlno Mines Sale 3)4 2% 38 Park & Tllford Pref Jan. \9% Jan. 554 Feb. Jan. 26 5 IX Oct. 52% Dec. 17 8X Dec. 30 2 4% Dec. 16% Dec. 17 14 22 Jan. 7 8 754 10 M \9% 98 98 X 100 98)| 97X. 109 100 109 109 125 4 4 Sale 4% Sale Sale 32 Sale 39 Mi 15% 16% 116)4 Sale 118)4 131 854 Sale 7% preferred "A" 50 39,150 Preferred B • 391,584 5.134,200 Radto-Kelth-Orpbeum cl A.* Class A new. * 5,500 Rights.. 41,100 3,400 Rand Mines................ ...» 176,425 Raybestos-Manhattan 174.450 Real Silk Hosiery.........10 Preferred 100 2,030 ]..* 6,400 Rels (Robt) 8k Co.... 1st preferred 100 3,260 200 20 34 Sale Sale 51 Park Utah Cons Mines Peerless 3% Jan. 56X Jan, 105X Jan. 20 Jan. Sale 46 * 8c 15 5 Sale 110 ..'100 * Prod 15 4 3% Jan. 9% Jan. Jan. 41 50 8% preferred 5)4 Dec. 17 % Dec. 28 2% Dec. 29 8 6% Jan. 2 Jan. 6% Jan. 23 74% ..25 Paramount Public Corp 15,059,075 600 5 6 B stock...........50 Panhand 2,031,881 15,700 48,000 134,500 14,200 36,200 719,410 66,700 7,800 677,400 10,950 632,770 11,800 5 11 21 15 18 54'"Jan. • Pan-Amer Pet 8c Trans. 19,300 320 Jan. Jan. Jan iV. 100 4 Common 122.000 546,500 Procter 8c Gamble «j 64 104 Preferred 5% 3,720 100 55,300 Producers 8c Ref Corp 50 7% preferred 50 11) 7,890 A 12,970 Pub Ser Corp of N J pf8%.100 144* 28,300 1 3 4 IX Jan. .... 200 5 1% 5X IX 3% 79 55 )^| Jan. 8 Jan. 100 Owens-Ill Glass Co 19,250 33,380 6,650 18,500 2,287 37,100 3,690 10,200 60,500 132,960 74,600 85,512 366,944 526,125 340 "1% Sale" 1 100 Preferred 46,200 1,400 9 Sale Outlet Co 426,600 128,200 16,900 29,050 20 1654 Jan. 27 100 106,800 Pierce Oil Corp 300 18% * Elevator Prior preferred 23,000 25,900 500 6,500: Sale 154 3% 4% 5X 6 6 15 Prices Dec. 17 107)4 Aug. 13 Dec. 17 3554 Apr. 7 21 Dec. 22 47X May 5 2 Nov. 9 X Jan. 9 9 Jan. 14 18 Nov. 9 2X Jan. 13 3 Mar. 5 18 21 29 86% Jan. 8 Jan. 28 Jan. 1% Jan. 18 Jan. *5 Jan. Jan. 1 * 1,420j Preferred.. 75,000 Philip Morris 8k Co 1,893.896 Phillips Petroleum 1,840 Phoenix Hosiery 3,210Preferred 400 22 X Prices. Jan. Highest Sale Sale Prices. Prices Sale 5% Jan. 100 fc% preferred 20,516 1,300 25 Sale 1 15 11,115 Pet Milk • 1,024,850 Petroleum Corp +. * 311,903 Phelps Dodge.... 25 19,700 Philadelphia Co pref 6%..50 10,300, Preferred (6) new * 10,0005% non-cum pref 10 498,400 Philadelphia Reading C 8k I.* 3,200 3.200 14,000 4,000 1,200 30 7 27 X Otis Steel 282,500 228,600 89,875 70,500 357,600 596,600 25,330 2,400 70,770 11,500 12,900 1,930 260,500 60,600 700 4,500i 47,900 Otis 38.600 1,290 4,319,186 36,723 151.750 65.600 900 79 Oppenheim Collins 0k Co » Orpheum Circuit Inc PreflOO 2,700 26,000 400 2,166 84% 9% JX 26 23 .25 601,100 Pacific Gas & Elec • 279,510 Pacific Lighting Corp 100 12,590 Pacific Mills 26,100 Pacific Teleph 8c Telegr.. 100 Preferred..............100 2,430 • 2,521.450 Packard Motor Car ~3~ 000 1,300 Omnibus Corp ▼ t c Preferred A Ask 82 82 81 5 Sale Bid. Ask Bid. Par Lowest. Highest Lowest. Jan. 30. 2. Jan. 1031. 118,700 8,400 12,000 6,458 354,350 1,920 147,200 7,633 1,160 1,320 5,300 > Jan. 2 EXCHANGE 49,700 North Amer Edison pref ' 17,600 North German Lloyd w 1_ 3,696 Northwestern Telegraph ..50 36,610 Norwalk Tire 4k Rubber. -.10 .100 1,080, Preferred ' 1,509'Nunnally Co 1 l,120,894,Ohlo Oil Co (The) 72,060 Oliver Farm Equip new.. 34,200 Preferred A 2,600 1931. YEAR Pries I Shares. Shares. r N. T. STOCK RANGE FOR PRICES IN JANUARY. stocks 12 Months 1931. In January. V exchange-stocks n. y. stock 36 10 6 Jan. 7 Feb. 24 Feb. 19 2 Mar. 10 Jan. 29 Mar 12 N. Y. STOCK 37 EXCHANGE-STOCKS # AGGREGATE SALES. In January. 1931. Shares. 1931. Par. ... 3,800 — — 52,500 13,200 37,000 357,405 St Joseph Lead.. 702,070 Safeway Store* 580 12,605 13,710 91,780 372,900 4,993 4,868 504,750 69,300 2,438,564 38,800 23,380 2,221 1,300 11,800 448 46,300 100 130.299 1,500 400 1M .......IB Savage Arms Corp—.......* 8% preferred..... 100 Scott Paper. preferred..... 1 1,300 67,300 7454 2954 4 *4 554 24*4 16 X 35,750 Sharon Steel Hoop * 263,000 Sharp & Dohme —* 15,960 Preferred -* 385,040 Shattuck (G F) * 4,828 Shell Transp 8c Trading... £2 * 1,216,784 Shell Union Oil Preferred 100 96,850 94,400 Shubert Theatre... —-* 137,600 Simms Petroleum.. ....10 * 1,177,800 Simmons Co 2,882,340 Sinclair Con Oil Corp * 34,200 8% preferred... —100 ... 2,900 200 .... 21,100 100 41,500 8,800 4,200 4,500 16,500 142,600 1,200 212,200 4,200 3,900 25 OH Co Skelly Preferred 50,700 100 5,700 Sloss-Sheffield Steel 8c Ir.100 Preferred ...100 7,580 44,400 Snider Packing.........—* Preferred 16,000 1.301.873 Socony Vacuum Corp.. 25 ..... ""375 9,900 4,375 131.300 2,400 12,400 £34,650 Solvay Am Corp pref 505.014 So Porto Rico Sug 450 5,490 8% preferred 532,254 Sou California 23,400 100 "38" Sale" 24*4 Sale 40>* Sale 84 2,000 2.620 820j .100 * 985* 100 14 356,050 3,000 1,210 24,300 60.700 17,495 50 6001 1,800 lOOj 50 2,980,004 12,920 72,600i ..* 100 Preferred 2,400' * A__.......... Standard Brands.. * * Preferred — 102,600 Standard Oil of Kansas 4,870,225 Standard Oil ef N J 78,560 Starrett Co (The L S) 118,400 Sterling Sec Corp cl A 77,000 Preferred... Conv 1st preferred 81.600 900 3,400! 3,100; 7,800 Sale Sale 67 X sale 2 25 -.-25 Sale 10 Sale 11X 13*4 53 X Sale 22 X Sale 3034 37 58 Sale Sale Sale 14X Sale Sale 10 X 91 96 10 X Sal e Sale 42 X 12 29 34 Sale 8 92 10 ~ Sale" 12 X Sale 12X 354 15 4 33 * Sale 95 Sale 3*4 Sale 154 Sale 32 Sale *4 *4 4*4 Sale 3 15 354 5 28 38 9*4 5*4 Sale 15 3 Sale 19 Sale H> X 4*4 454 7*4 Sale 4*4 Sale 63 100 2*4 2*4 13 Sale 6 15 14 20 *4 1 2 72 6 Sale 101*4 104 45*4 Sale Sale 47*4 Sale 21 *4 Sale 3 50 33 Sale 17 Sale Sale 6*4 Sale 16 94 Jan. 15 3*4 Jan. 6 Jan. 30 3 Jan. 4 Jan. 13 Jan. 75 22 30 Jan. 5 Jan. 121 36 Jan. 12 654 254 29*4 1*4 Jan. Jan. Jan. Jan. 28 Jan. 12 Jan. Jan. Jan. 21! 5. 26 9 254 3754 154 31 31 Jan. 30 32 Jan. 2 *4 Jam 12 *4 Jan. 4 Sale 54 Sale 454 Sale 4 4*4 4*4 'Sale 28*4 30 9 9*4 9*4 12*4 3*4 Sale 2254 24 *4 X 4*4 Sale 7*4 Sale 5*4 Sale 81 Jan. Jan. Jan. Jan. 15 Sale Jan. 13 9 19 4 Jan. 18 4 Jan. *4 Jan. 45a Jan, 7 Jan. 4*4 Jan. Jan. 2 4j 5*s 9*4 7*4 89 29 5 Jan. 4 2 14 19 Jan. 13 Jan. 20 Jan. 14 95 20, 3054 'Sale 100 12 48" Sale 1*4 2*4 6 7 18 13*4 3 13*4 Sale 11454 120 28 Sale 36 Sale 61*4 69 60*4 55 2 y 54 87*4 2454 9*428*4 2*4 Sale 11 11 4 63 Jan. 19 854 Jan. 14 93 29*4 Jan. 6 32*4 Jan. 26 10 Jan. 26 2*4 Jan. 14 Jan. 12 Jan. 89*4 354 90 S9 14 95 Jan. '"3*4 Sale 48*4 Jan. /3*4 Jan. 2 1*4 Jan. 6 30 Jan. 6 954 Jan. 8 10 Jan. 16 8 6 Jan. 4 30 26 Jan. Jan. Jan. Jan. Jan. 15 1454 Jan. 2*4 Jan. 11*4 Jan. 6*4 1454 354 1354 119*4 22 Jan. 27*4 Sale 37*4 Sale 18 -70.. 2 11*4 85 95 Sale 115 Jan. 12 25*4 Jan. 34*4 Jan. 5 33 : 4 540' 28,900' 5,100 510 800 4,965 5,000 i>00 600 5,900 2,400 5,700 114,795 50,100 4,900 20,700 . 668,600 1,199,809 2,980 799,615 90,166 8,085 212,600 101,390 82,123 31.100 10.100 44,100 44,400 119,150 2,364,600 1,472,150 156,900 975,700 10,000 700 500 76,000 2,400 1,400 164,800 46,300 37,200 64,750 71,800 21,200 882,41" 77,540 "l",206 7,800 100 33,200 5,000 10,500 Stewart Warner Corp.. 10 Stone & Webster * Studebaker Corp pref 100 Common.................* Sun Oil » Preferred 100 Co (The).. Superheate * Superior OH Superior Steel...... .._* 100 Sweets Co of America— Symlagton 50 * ... Class A * Telautograph Corp Tennessee Corp Texas Corp Sale 29 Sale 11*4 12 1*4 2*4 4*4 Sale 17*4 Sale 2,000 101,800 42,600 8,600 26,400 1,900 149,800 41*4 Jan. 75 * Third Nat'l Investors 1 R) 25 Thompson Products * Sale 5 Sale 42,300 3,000 2,500 600 1,600 1,900 17,700 20 1,800 257,100 * Certificates of deposit.__ Class A 8c Williams Steel Preferred . Truax Traer .25 • .100 Coal.. 1'ruscon Steel Co Ulen & Co Underwood * Corp..—* . Trico Products * _....* 10 _..* EUlott Fisher..* 7% preferred..........100 Union Bag 8c Paper ...» Union Carbide 8c Car ...._.* No par value. Sale 12 Sale 11*4 25 Sale 29 6*4 Sale 55 Sale 24 69*4 Sale 9*4 Sale 43*4 Sale 2 254 1054 Sale" 1254 Sale" deposit..* Transatnerica Corp Tri-Continental Sale 1*4 11*4 2*4 16 25 100 Tran *4 454 12 *4 1 18*4 Sale 11X Sale 4 .._..* Preferred 6% 96,200 600,405 80,350 227,800 28,688 31,200 63,600 306,000 1,250 33,800 4,540,148 11 24 • Preferred Tidewater Aooc Oil 14 35 * ... • 500 *4 4*4 1254 4*4 25*4 154 * Convertible preferred....* 2,997", 912 12 13*4 Thatcher Mfg Thermoid Co Class A certlfs of 11 5 30 7 14; 15' 2 Jan. 4 *4 Jan. 26 Jan. 5 2 2254 Jan. 29 27 Jan. 14 7 29 12*4 30*4 75s 1*4 2*4 23*4 Jan. Jan. Jan. Jan. Jan. Jan. 21! 14 26 22 Jan. 13 Jan. 5 Sale 5 Jan. 4 11*4 12354 9*4 Jan. 5 654 Jan. 1454 Jan. Jan. 7 95 10*4 Jan. 2754 Jan. 29 5 4 9 2 754 7*4 6*4 Sale 8 1 14*4 254 25 3 33 4 1754 9*4 11 57*4 Sale 10 Sale Jan. 6 *4 Jan. 4*4 Jan. 4 5 10*4 Jan. *4 Jan. 1*4 Jan. 30 12 Jan. 29 2 6 11*4 Sale 23 23 20*4 Jan. 2 2 2 Jan. 4 454 5 4*4 Jan. 4 4 26*4 2 4*4 35 254 14 15 12 4 4 5 854 *4 Sale 14*4 Sale 3*4 Sale 2254 24 3 Sale 9 Sale 4 Sale 4*4 6 2*4 16 95 654 2 Sale 2*4 Sale 3 18 11 18 21 54 Jan. 21 19 Jan. 2 13*4 254 13*4 25*4 254 5*4 Jan. Jan. Jan. Jan. Jan. Jan. 8 16 14 14 15 13 Jan. 21 12 20 4*4 Jan. 13 Jan. 5 16 854 *4 14*4 254 Jan. 6 9 Jan. Jan. Jan. Jan. 23 30 24 Jan. 27 16 *4 Jan. 14*4 Jan. 354 Jan. 27*4 Jan. 5 13 Jan. 6 Jan. 9 5 4*4 Jan. 28 7 4 Jan. 28 2 8*4 Jan. 8*4 Jan. 3*4 Jan. 4 Jan. 13 6 4 Jan. 2 4*4 Jan. 54*4 Jan. 26 Jan. 8 29 125 9*4 29*4 Sale 7 Oct. 1 Dec. 2 9*4 Dec. 19*4 Dec. 1*4 Dec. 4*4 Dec. 790 Sept. 17 790 14 Oct. Dec. Dec. Dec. Oct. Jan. Jan. 6 18 Mar. Feb. Feo. Feb. 7 8 18 20 20 17 Dec. 28 83 3*4 Dec. 12 16*4 Dec. 17 154 June 3 59 Dec.V 14 Apr." 10 Dec. 22 18 Feb" 12 30 6 * 2 2*4 Dec. 15 2 Dec. 17 3*4 Jan. 654 Jan. 12 4 4 3 Jan. 5 22 Jan. 16 21 100 Jan. 7 10*4 Jan. 21 3454 Jan. Feb. 21 Mar. 2 Feb. 24 9 68 24 2 5 Feb. 37 [Mar. 5 Feb. 13 854 Mar. 7 34*4 Mar. 19 36*4 Dec. 18 Jan. 7*4 Jan. 2754 Jan. 27 35 18 Dec. 654 *4 14*4 2*4 20*4 41 9 15 14 1*4 Jan. Jan. 22 3*4 Dec. 2454 Dec. 1*4 Dec. 11 X Dec. 14 Jan. 2*4 Jan. 100 10 10 20 12 4*4 Nov. 25 29 6 14*4 Jan. 13 5 24 24 11*4 Dec. 28 4 42 8 8 5 53 100 12 35*4 Jan. 2754 8 9 30 23 2654 1* Sal* 2 ll* 16*4 Dec. Dec. 9*4 Nov. 5 Feb. Jan. Feb. Feb. Feb. Feb. Mar. Feb. Feb. Feb. Feb. 2654 Oct. 12 4 13 Sept. 14 10*4 Dec. *4 Dec. Jan. 11 Jan. Jan. Jan. 10 Feb. 2*4 Dec. 3 4 Mar. 23 Mar. X Dec. Jan. 47 105 30*4 Sale 75 29 3154 Jan. 52*4 34*4 5*4 954 Oct. 9 8 21 7- 8 2654 14. Jan. 4 5 1 Mar. 10 Mar. 23 Mar. 0 Feb. io!* ilH 40 20 Mar. 24 Feb. 25 July 4 11 21 454 Sept. 21 21 *4 Mar. 9*4 Dec. 15 54*4 Mar. Dec. 24 118*4 Apr. Jan. Jan. Jan. 10 34 124 14 25 75 30 18 Jan. 354 Jan. 2*4 Jan. Sale 7 Jan. 2 4 354 2*4 Sale A* A** 13*4 Jan. 13 26*4 Jan. 354 4 Jan. Feb. Feb. Mar. Feb. Feb. I 14 17 7*4 4 Dec. 76*4 13*4 54 7*4 2 1 *4 Jan. 11 Jan. 4*4 Sale Sale 11 Sale 26*4 1*4 120 27*4 7 3*4 4 854 Sale 8*4 854 42 17 17 9*4 1*4 30 254 Jan. $n rA 18 & 3*1 29*4 Sale 10 10*4 21*4 23 14*4 Sale 5 73 1654 Jan. 2*4 Jan. 2*4 Jan. 65i Jan. 654 Jan. 2*4 Jan. 9254 Salo 51*4 Sale 4*4 27 2 54 95 Mar. 20 Jan. 6 16*4 1754 33*4 17*4 20*4 6 9 7 16*4 Mar. 26 5 36 62 Dec. Dec. 4 *4 Jan. 91*4 Jan. Mar. 19 31 115*4 May 7 30! 27*4 Feb. 17 5 9254 Jan. 21 18! 1354 Mar. 10 Dec. *4 Dec. 154 Dec. 16*4 Dec. 9 11' Jan. 20 Sale 1 23 29 87*4 Dec. 23*4 Dec. 754 Dec. 2 Aug. 20 Dec. 17 8854 Dec. 15 64*4 Dec. 10954 101 Dec. 4 61*4 Jan. Jan. 7 Jan. 8 Feb. 20 Feb. 20 Feb. 10 15 51 Feb. 18 Jan. 8 1112*4 fuly 22 5 54*4 Feb. 20 17 j 10*4 Dec. 11454 Dec. 28 29 10*4 Sale *4 54 1*4 154 12*4 13 1 12 Feb. 20 Fob. 20 Jan. 31 17 18 Dec. 3 14 Jan. Jan. Jan. Jan. Jan. 1154 Sale 27*4 29 73*4 75 12*4 13*4 *4 Sale 554 6*4 Oct. Jan. 88 Jan. 17 23 18 20 26 17*4 52 2554 654 X IX 100 6,500 Tidewater Oil * 17,700 6% preferred jv_-100 99,100 Timken-Detroit Axle Cd-j.-lO 699,483 Tim ken Roller Bear....—..* 309,700 Tobacco Products Corp.....* 204",200 75 2254 Sale 2 2*4 454 Sale ... 740 Sale Sale Sale Sale 46*4 Sale 4*4 Sale 1154 Sale 1 Certificates (old) Thompson -Starrett 11*4 39*4 Sale 10 Tex Pac Ld Tr Tern ctfs (J 22*4 Sale 100*4 33*4 54 6*4 854 Sale 3154 Sale Sulphur.. Texas Pacific Coal 8c Oil Thompson 89 * 25 (The)... Texas Gulf 42 X Sale 116 120 18 1 25 Jan. 17 Mar. 0 Feb. 20 28 21 95 62 54 89 Sale 1154 Sale 754 Sale 2 Sale 5 29 Dec. Oct. 14 1454 Sale 3 2*4 1254 Sale 116*4 Sale ,-f 21,900 50,100 7 14 9*4 Oct. 2*4 Sept. 8 Dec. 94 Dec. 954 Dec. 48*4 Oct. 2 Dec. 54 Dec. 35 Dec. 9 Sept. 6 Sept. 11X Dec. 12 30 15 Sept. 24 2854 Oct. 9 5*4 Sale 10*4 Sale 8 oS5* 87 12 48*4 Jan. 254 Jan. 12 Dec. 29 Dec. 28 5 6 54 *4 154 2 23 Sale 6 2M 15 Jan. 5 14 6 Oct. Oct. 14 41 2*4 Jan. 10X Jan. 49 Dec. 12 6 Jan. 10 *4 87*4 2254 954 25*4 6*4 54 154 20*4 88*4 Sale Sale Sale 64 Mar. Feb. Jan. Jan. 28 Dec. 24 19 Sale 2 Dec. Dec. Dec. Dec. Dec. Dec. Mar. 25 5 May 28 8! Jan. 2*4 15 *4 3*4 6*4 4*4 6 654 1*4 8 9 18 2 Jan. 11 Feb. 10 1 Feb. Apr. 18 2*4 Dec. 3*4 Oct. 28 Dec. 8*4 Dec. 5 Dec. 8 8*4 Jan. 40*4 Jan. 654 Jan. 10 29 X Sept. 18 3*4 Dec. 17 15 4*4 Jan. 1054 Jan. 27 Feb. Feb. 26 Feb. 27 Feb. 27 30 15 14 Mar. 30 Mar. 27 Aug. 31 Apr. 11 6 Jan. 2 3054 Feb. 20 69*4 Aug.19 98*4 Sept. 4 Aug. 5 Feb. 27 17 7 30. 5 10 18 7 _ Feb. 10 Mar. 9 5 Feb. 21 Mar. 2 Feb. 24 Jan. Mar. 28 14 9 6*4 1*4 17 24 Jan. Jan. Jan. 15 Jan. 88 59*4 6*4 Sale 29 Jan. i_ 1354 Jan. 54 Jan. Jan. Jan. 26 June 24 4254 Feb. 30' 4 Jan. 1554 Jan. 5 2' ■4 254 Jan. 12 36*4 Dec. 5*4 Oct. 2 X Dec. 30 X Dec. X Dec. 27 - Dec. 13 14 54 26 8*4 Jan. 254 Jan. Jan. Jan. 554 30*4 1054 12*4 3*4 25 18 30 12 554 23 4 18 5 5 4*4 Jan. 82 89 254 Sale 12*4 13*4 8*4 10 12*4 15 54 Sale 90 4 21i 17 17 Dec. 30 Dec. 18 3 30 Jan. 27 Dec. 21 7 Dec. 3854 Jan. 63 X Dec. 71 Dec. 354 Dec. 8 21 10 59*4 Sale 57 X Sale 96*4 103 90 93*4 3*4 Sale 14 Jan. 82 36 30 35 11*4 25*4 26*4 6*4 Sale 1654 Sale 118 121*4 10*4 Jan. 4954 Jan. Jan. Jan. 14 17 54*4 75*4 32*4 654 10*4 June 23 102 13 3854 40 6*4 7 2*4 3 3254 Sale 1*4 Sale 9 19 Jan. 1654 Jan. 4 754 Jan. Sale 53 10 17 39 9*4 Sale 40*4 48 60 11 13 X Jan. Sale Sale 97*4 31*4 Sale 6*4 Jan. Sale 2 Sale 8 10 Sale 8 93 7 X Dec. 1 X Nov. 5X Dec. 3 X Dec. 101 354 Sale 2*4 2 7 75*4 Sale 86*4 88 21 33 3 2 554 32*4 Dec. 28 69 June 25 10 Dec. 14 Jan. 13*4 Jan. 54 Jan. 254 Jan. Jan. Sale 3 50 4 2 45 Sale 63*4 75 78*4 Sale 5 5*4 69 14 40*4 Jan. 7*4 Jan. 4*4 Jan. 2*4 16*4 754 Sale 42 94 Sale 1 |JB Sale 38 111 25 If Sale Prices. 2 12 *4 Jam 105 14 X 3 2*4 2 Highest. Sale Prices. 4 Jan. Jam 11 12 4X Sale 7X Sale * • — i Sale 7 1*4 Sale 4X Sale ......... Preferred (7%) 12,600 * Preferred (6%) 11,000 _.—.—* 26,900 Stand Com'l Tobacco...._.* 47,750 Standard Investing Corp—♦ 44,950 Standard Oil Export pref.100 * 1,674,702 Stand Oil of Calif 200! 1,000 1,000 1,800 87,000 16,800 272,400 3254 Jan. 13 7 10# 1,585,210 Standard Gas 8cKlec..——* 64,900 $4 preferred * 17,6001 Sale 68 25 Sale Sparks Wlthington.........* Spear & Co * 7% preferred 100 Spencer Kellogg 8c Sons....* Spicer Mfg Co ....* Preferred 38 . Lowest. Sale Prices Prices. 20 "5*4 "~6*4 41 Bale Sal3 36 4554 Sale 2X 2*4 Ask. 10 35*4 Sale 50 46 class A...* Ask. Bid. Highest. Lowest. Jan. 30. 69 Sale 25 Edison 100,400 Spiegel-May-Stern Co......* 1.700| 144,500 1,200 Sale Sale 1st preferred. 1,430 8,600 Bid 4*4 Sale 103 1,740 Spang Chalfant 8c Co......* ""io 89 ...100 2,900 Southern Dairies Class B 7,000 30,325 Spalding Bros 200 Sale Sale 31*4 Sale Sale 28 Sale ! 2. 105 89,400 Seneca Copper..........--.* * 2,149,400 Serve! Inc 500 :> 40 X Jan. * Seagrave Corp (The).......* Sears, Roebuck & Co * Second Nat Investors.......1 conv Ask 39 54 Seaboard Oil Co of Del 15 Bid. Retail Stores....—* Schulre - 60 10 ... Preferred (6)... Preferred (7) 1931. Jan. 2 | 2,030,150 Reynolds (RJ)Tob cl B 10 7,8301 Clau A It 3,500 Rhine Westphalia Klec Pt 726,700 Richfield Oil Co of Calif • 366,500 Rio Grande Oil 37,500 Ritter Dental Mfft * 139,600 Rossis Insurance It 40 Royal Bak Powder 4% pf.100 493,400 Royal Dutch Co N Y shs 300 YEAR PriC6 Y. STOCK EXCHANGE Shares. 164,400 1,770 1,600 4,200 10,400 RANGE FOR PRICES IN JANUARY. STOCKS 12 Months H 13 20 14 Dec. 14 1 Dec. 17 5*4 Dec. 30 2 Dec. 17 1354 Dec. 24 100 5 Dec. 12 Dec. 17 27*4 Dec. 17 y EXCHANGE-STOCKS N. Y. STOCK 38 AGGREGATE SALES 12 Months 1931. III January. I Shares. 14,200 3.800 490.200 5.500 600 2,300 20 508,108 78,800 8,088,425 85,100 16,500 97,90.0 1,950 10 390 7,100 29,300 1,000 121*990 3,500 2,700 720 12,000 11,200 1,200 250 710 54,800 600 800 ""800. 11,100 400' 1,600 9,300 ""200 105,900 161,100 3,595 196,672 64,600 66,900 1,570 4,990 960,800 54,100 38,400 3,800 12,200 114,200 21,5*00 76,850 149,400 1,500 41.300 1,188,350 1,959,760 18,600 404,108 764,228 210,578 252,100 23,200 19,261,380 > 19,900 53,300 of, Am..— I0'11 Publishers.* Preferred United Carbon ........— * Stores........* preferred.........—100 Sale 46 Sale 16 20 10 20% 6% United Corp.............. * Preferred United 100 Djewood 100 Preferred Pipe & Universal Preferred Prefer red Preferred 100 Preferred 1st ref.-.-10ft Foundry 20 preferred............-* U S Pipe Ac 1st ..... 33% 49 3 22 100 Foreign Securities Corp.* Preferred * ....... U S Freight U S Gypsum 7% * —* U S Indus Alchol 101 39 Sale 96 38 29 27% Sale 18% 19 200 81,900 100 700 154,700 32,310 156,800 28,950 172,200 630 1,500 13,000 310 1,400 .28,560 7 :•••• 20 "7% Sale' 76 17 78 Sale 5% Sale 63% Sale 3% Sale 7% Sale 66% 68% I 4 Sale 60 7 20% Sale 108% 110 5 2% Sale 27 1% Sale 4% Sale 56% 62% 15% Sale 40 37% ..50 50 —- — Sale 39 100 104% 100 Sale ....100 100 Detlnning Co 6~ * ...100 7% preferred.. * Bros Pictures Preferred. ............... • ._.._* Warner-Quintan... Warren Bros 11,000 1,400 5,900 50 13 23 26 13% .......100 Preferred 60 1 * * - .... 1,400 5,400 3% Sale Class B 775,600 Willys-Overland '. 7% preferred 21,434 64,300 Wilson Ac Co.. "A" 70,700 Preferred 62,200 4,888.251 Woolworth (F W) 3,102,200 Worthington P At M 2,700 7% preferred "A" 6.000 6% preferred B 20,300 lioo 1/500 1,600 1,600 351,300 56,800 100 100 390 * 26,000 3,710 Wright Aeronautic.. 466,400 Wrigley (Wm) Jr 5 100 370 1,400 52,200 Youngst'n Sh At Tube.. 300 1,000 81,150 "2",000 230,300 Zonite Products Corp 24,400 ar value. 54 96 116 Jan. 29 20 Jan. 7 Apr. 9 Apr. 9 Apr. 11 77 Jan. 5 81 Jan. 18 Mar. 26 37 Jan. 4 50 Jan. 27 10% Jan. 14% Jan. 3% Jan. 4 15% Jan. 15% Jan. 3% Jan. 21 Mar. 26 18 Mar. 26 27 Mar. 20 23 Mar. 21 Jan. 7 5 % Jan. 3% Jan. 50% Jan. 14 Feb. 14 Mar. 24 23% Jan. 13 Mar. 27 3% 30% 2% 5% 56% Jan. Jan. Jan. Jan. Jan. 23 8% Jan. 5% Jan. 10% Jan. 18 7 20 65 % 37% 3% 84% 5% Sale Sale Sale Sale 22 28 4% Sale Sale 131 33 33% 91% Sale Sale 110 Sale 40 59 Jan. 119% Jan. 45 5 5 5 5 25 4 17 Jan. 14 Nov. 16 38% Jan. 46% Jan. 21 Feb. 26 15 Mar. 23 17 Jan. 5 4 Jan. 28 11% Jan. 5 % 38% 4% 87% 11 Mar. 11 Jan. 12 Apr. 17 22 Feb. 24 14 Feb. 28 4 Feb. Jan. 9 Feb. 26 16 16% Jan. 14 Mar. 25 22 June 26 20 Oct. 22 Jan. 26 35 Jan. % Jan. 20 15 4 % 39% 4% 88% Jan. Jan. Jan. Jan. Jan. 15 34 34 4 Jan. 83% Jan. 27 2 ..* 66% Sale 25% Sale 9% Sale 75 80 22% Sale 70% 85 22 5 Sale # 12 29 29% Jan. 66 Jan. 12 69 Jan. 4 15% 11% Jan. 5 19 Jan. 2 70 Jan. 5 3 Jan. 14 10% Jan. 2% Jan. 37% Jan. 13 1% Dec. 24 Apr. 9 2% 37 100 2% 10 Sale Sale * Sale 10 14% 1% 1% 4% Sale 17% 3 "12% 1% 15 % 13% 48% 70 Jan. 5 2 Jan. 2 7% Jan. 1% Jan. 4 35 5 Jan. 5 2% Jan. 4 9 Jan. 6 1 Jan. 4 3% Jan. 5 13 Jan. 2 12% Jan. 27 Jan. 11 6 14 20% Jan. % Jan. 13% Jan. 50 48 1% 1% 65 6fr 71 74 64 1 Jan. 22 27 8 4% 12% 1% 6% 17% 13% Jan. Jan. Jan. Jan. Jan. Jan. 22 13 20 11 14 14 8 Jan. 18 20% Jan. % Jan. 15% Jan. 6 2 Feb. 97 Aug. 12 27% Feb. 17 98% June 22 20 Feb. 17 9 Jan. Feb. 4 Feb. 27 Feb. 27 Mar. 20 Feb. 24 Jan, Sept. 7 30 Jan. % Dec. 12 18 27% Mar. 12 8% Jan. 30 57% Jan. 30 2% Dec. 8% Dec. % Dec. 3% Dec. 12% Dec. 13 % Dec. % Dec. 22 14 Mar. 24 15 6% Apr. 14 2 Apr. 21 llH 17% Oct. 75 Dec. 1% Dec. 70 May 12 34 67% Mar. 19 20 % Dec. 69 Dec. 19% Jan. 69 15% Feb. 20 Jan. 7 Feb. 19 109 Dec. Aug. 66 Mar. 20 Dec. 11 50 Jan. 6 44 % Oct. Feb. 6 Apr. 22 11 50% Dec. 55 Dec. 49% Dec. 93 % Dec. 88 Dec. 8% Dec. 2% Dec. 38% Dec. 58% Jan. 61% Jan. 2 60 Jan. 6 76 70 Jan. 53 98 Jan* 5 Jan. 12 90 Jan. 6 107 Jan. 29 87 Sale 83 Jan. 6 95 Jan. 12 11% Sale 11% Jan. 2% Jan. 12 Sale 13% Jan. 3% Jan. 44% Jan. 13 2 Mar. 27 Mar. 19 Mar. 17 July 10 Feb. 20 16 Jan. 14 11 Dec. Feb. 21 26 67 20 22% Dec. 60 % Dec. Feb. 63 19% Jan. 61% Jan. 15 Feb. 27 8% Jan. 16 Sale 6% ..... 2% 16 1% 3% 20 18 Sale 20 % 2 1% 2% 20 15 24% Sale 69% 2% % 2% 21 5 19 19 Jan. 19 Jan. 12 12 Jan. 14 31 31 Jan. 10 8% 21% % 1 Jan. Jan. Jan. 14 4 31% Jan. 10% Jan. 27% Jan. Apr. 10 July 7 July 6 Jan. 23 9 26 3% Jan. 7 4 7 12 2% 1 2% Sale Apr. 13 15 Mar. 26 Mar. 19 Mar. 19 Mar. 21 5 3 Jan. 13 Jan. 7 25 26 % Jan. 2% Jan. 11 1 Jan. Jan. Feb. 10 2% Jan. 14 Feb. Jan. 12 7 Jan. 15 Jan. 17 12 36% Jan. 15% Jan. 44% Jan. 23% Jan. 14 Aug. 18 5 15 Feb. 24 Jan. 15 Mar. 11 Mar. 14 Feb. 25 2% Jan. 17 18 5 25 31 60 41 Jan. 15 45 30 40 30% Jan. 11 8% 13 3% Sale 15% 24 8 9 4 16% Sale 12% Sale 1 15 Sale Jan. 25 30% Jan. 8% Jan. 48% Jan. 26 57 5 22 m Jan. 10% Jan. % Sale 7% Sale % 7% 1% 7% Mar. 18 18 5 2 5 Jan. 14 6 24 Jan. 12 20 8% Jan. 13% Jan. 13 27 Jan. 2 Jan. 22 Jan. 8% Jan. 11 8% Dec. 18 3 Dec. 14 30 15% Dec. 28 6 Dec. 28 Dec. 17 78 3 16 55 Jan. 7 9 4 23 76 June 8% Jan. 3% Jan. 20% Jan. 2 May lfl 11 7% Jan. 12% Jan. 10 Sale 6 30 41 6% 50% Apr. 18 24 12 Mar. 20 1% Jan. 4% Jan. 41 15 Jan. 15 2 41% Sale 18% Sale 51% 5 5 Jan. 1 40% Sale 17% Sale 7% 50% Mar. 16 Jan. % Sale 1% Sale 3% 3% 20 16% 21 24 Jan. 25 4 Feb. 9 11% 24 4 14 Mar. 25 6% Jan. 29 11 6 8% 5 19 8% 8% Sale 1% 2% 16% 3 130 2% % Oct. Dec. 2% Dec. 81 Dec. 34 55 32 100 14 30 Sale" 1 Apr. 58% Jan. 10% Jan. % Jan. 25 53% Sale 9 6% 40 6 Mar. 20 Mar. 21 61 5 12 120 8% Jan. % Jan. Mar. 14 Jan. 4 25 July 14 29 Ill Jan. 5 30% Jan. 72% Jan. 1 60% Sale Jan. Jan. Jan. Jan. 36% Jan. 35% Jan. x98% Jan. 4 Sale 37 5% 3% 7% 14% 14 21 4 22 1* 2 28 4 5 2i 5 Jan. 55% Jan. July 30 Apr. 1 Feb. 25 Mar. 17 Mar. 19 14 Jan. 31% 8% Sale 1% Jan. 4 30 24 24 Jan. Sale" 52% Sale Jan. Feb. 12 23% 7% 23 5 Jan. 33 29% 10% 8% 36% Sale 23 16% 20 8 Sale 10% 7 4 30 Sale 20 20% Jan. 5% Jan. 18% Jan. 3% Jan. - 26 14 Sale 37 15 35% 21 36 44 27 3 Aug. 12% Sale 3 3% 38% Sale 13% 13% 23% Sale 22% Sale 35% 36 5 25% % Jan. 2% Jan. 2 _____ 61% 86% 10 100 100 1 2% 33% 55 100 * Sale Sale 101 Sale 7 19 18 8% Sale 52 88 Jan. 20 61% 98 103% Sale ♦ ..* 15% 37% 37% 99% Sale 21% 54% Sale 97 105% 104% Sale (Blue) certificates......... Zenith Radio Corp.. 15 1% 8 Feb. Sept. 6 Mar. 23 2% 3% 50 45% 5% Sale 20% Sale 108% 3% 4% 23% Sale 2% 2% 4 6% 116% 20% » • Sale % Aug. 26 28 21 ♦ .—.25 46,700 Yale At Towne. 1,476,100 Yel Trk At C'ch class B...10 7% preferred ......100 5,350 124,100 Young Spring At Wire ..._._* 1,500 18,600 2 2 20% % 1 14% Sale 48% 50 58% Sale 63% 67 80 ... 100 2% Sale 5 10% 1 1% 4% Sale 42 Eisenlohr ...... ""500 13% Sale 26% 39 4% Sale 27% Sale * * Convertible preferred....* Warren Fdry Ac Pipe Webster * 65,600 Weston El Instr Class A. * 1,800 154,250 Westvaco Chlorine Prod....* * 8,257 Wheeling Steel Corp Preferred..............100 4,264 50 174,060 White Motor * 43,700 White Rk M Spr ctfs * 56,200 White Sewing Mach.. Preferred .._.._.* 12,500 • 78,100 Wilcox Oil & Gas 16,900 Wilcox-Rich Corp class A...* 200 2% Sale 7 9% 1% Sale 31% 41 * Class B 80 70 100 ... 69 Dec. 18 21 1% Jan. 12* 49 Sale \r 16% Sale 18% Sale Ward Baking class A.......* ... 1,500 67 • 7% preferred 100 13.301 Preferred (6) 100 13,980 8,604 West Penn Pow pref 7%..100 6% preferred 100 6,950 * 52,200 Western Dairy Prod A Class B v t c _.* 225,500 100 723,522 Western Union Teleg * 254,100 Westinghouse Air Brake 10.341,741 Westinghouse El At Mfg., 50 7% 1st preferred........50 23,865 3,000 25% ..._100 50 9 Mar. 17 28 13 ..... 93% Jan. 9 Jan. Jan. Sale 30 30 4 27 Feb. Jan, 17 5 Jan. Jan. 27 Feb. 3 20 5 3% 83% Sale 11 Feb. 43 17 13 36 28 2 15 5 12 14 4 38% "4,5" 8% Sale % % 35 83 Mar. 26 Jan. 130 6% 44% Apr. 23 July 7 27 100 6 Jan. 92 Sale 59 31 29 Mar. 19 22 29 Sale Sale 118 112 —100 Preferred Warner 17% 60 59 S Tobacco........... Walworth 2% 42 ....100 1st preferred 7 Jan. Jan. Jan. Jan. 20% Jan. 92% Jan. 5 Apr. 9 Apr. 10 7% Dec. 17 17 26% Dec. % Dec. 33% Dec. 3 Jan. 17% Dec. % Oct. 9% June 15% Dec. Jan. 2 % a Jan. 2 Mar. 81 92 8 950 Wells Fargo & Co 117.100 Wesson Oil Ac Snowdrift $4 conv preferred... 38,400 4.950 West Penn El Co "A" 4,700 3,300 K< 1 14% Sale 26 9 Sale Preferred 6,270 10 130 • 85 Sale 17% Jan. 87% Jan. 9 Sale 7% preferred 19,800 78,123 493.280 11,455 74,100 49,560 700 5,400 \ Sale 11 9 Feb. 33% 4% 25% % 20% Jan. % Jan. 18% Sale 87% 88% % 1% 8 United States Steel.. 7,482,150 2,700 520 "37% 20 Jan. 19% 4 7% preferred... 2,170 274,000 Waldorf System 4,800 Walgreen preferred 70 1,600 2,800 112,550 17,100 545,800 Sale Dec. 28 6% Oct. 6 1% Dec. 17 20 Dec. 15 ' 8 7% 4% Sale Preferred 56.910 Vulcan 2,560 330 2 1% 28% 17% 6% U S Smelt Ref At Mg 270 960 2 ... 370 440 90% 10 ♦ 52,800 Va-Caro Chem 7% prior pref..........100 18,900 6% preferred... —100 26,544 6,330 Virginia Rlec Ac Power 6% pf * 1,845 Virginia Iron, Coal & Coke 100 800 75<f 12% 105% 49 Utah Copper 550 10 1,590,200 Utilities P At L "A" * 153,340 Vadsco Sales Corp...... Preferred .........—100 7,300 6,999,400 Vanadium Corp of America.* * 1,690 Van Raalte Co 7% 1st preferred —100 4,335 1,200 Sale 102% « .... 20 Jan. 3% Sale ....—--* U S Rubber U 3 4* 4 1 Jan. 18% 87% 94 102 36 U S Realty At Impt.. 8% 31 10% Co.........—20 preferred...——.100 U S Hoffman Mach. 31 3% U S Express U S 37 4 19% Mar. 23 10% Jan. 38% Jan. Jan. 31% Jan. Jan. T*" Mar. 26 90 20 18% Jan. 8 Aug. 14 15 Jan. 1 Sale 50 2% 22 Oct. 6 Sept. 18 5 1% Jan. Jan. 1 Mar. 26 Dec. 21 90 Jan. 2 Sale 23% Sale 20 9% Dec. 17 Dec. 4 4 Jan. 18 12 4 10 9% 1% Sale 13 3 Feb. 40 Jan. 90 Priest Dec. 18 Dec. 16 Ja-n. 9% Jan. 95 11 16 Jan. Jan. 89 3 Sale 52 100 .1 24 2% 7 U S Dlstrlb Corp Preferred 35% Sale 28 * Plct Sale Sale Sale 5% Sale Leaf Tobacco— Universal Sale 99% 7 6% Jan. 25% Jan. 21% Jan. 23% Highest. Sale Prices. Prices 13% Jan. 19% Jan. 15% Jan. 44 Jan. 6 *8% 65 Sale 101% Preferred Universal 44 8 6 22 29 Jan. 9% Jan. 41% Jan. 3 101 United Stores A_. liH Sale "27% * ........—100 8 Sale Sale * Piece Dye Works Sale 1% * Paperboard Co—100 United Sale "9% Sale Co.. Sale 92 2% ........ 15 118 15 Sale Rad Co. —.....100 United Gas Ac Impt 11% Jan. 16 21% 8ale * 11% Sale 6 Sale Prices Sale Sale 2 Electric Coal—a.. 'nited United Fruit United 61% 16% 44% Salt Ask Lowest. Highest. Lowest Jan. 30. Sale 33 } 110 United Cigar 170 400 Biscuit (uicetJ 331.780 40 110 5® Corp1* ..... .....— 300 52,100 8,100 .-raft Ac Tr Corp. At United American Boach Sale 2. Ask. Bid Bid 12% 19% 11% 42% Sale 23% J-"* - Union Tank (Jar ... 300 18,600 27,800 6,100 17,500 2,700 22 2,5 Union Oil. California Preferred Ask. Bid. 90.640 US Leathery t c Class A v t c 73,400 Prior preferred ttc ..—100 21,600 6,000 4,300 Jan. 1931. 510 United Bualnesa 534,800 371,400 12,250 15,418,98'1 415,583 2,070 1,100 153,500 345,255 64,600 1,400 5,208,816 90,100 1,300 Jan. 2 EXCHANGE Par. United YEAR 1931. Price Shares. 10 4,800 30.750 1,700 440,885 25,500 N. Y. STOCK RANGE FOR PRICES IN JANUARY. STOCKS Dec. 6% Dec. 12 15% Mar. 20 Mar. 19 29 Feb. 24 Feb. 28 June 26 5% Feb. 27 14 June 24 / RANGE OF PRICES ON Stock Sales. __Shares 5,111*437 Bond Sales. January. 1930. 863,568,000 Shares. Par. AND YEAR 1931, 2. Jan. 2. 1931. INDUSTRIAL RANGE FOR Price Jan. 1931. Shares. 1931. PRICES IN JANUARY. NEW YORK CURB EXCHANGE 12 Months 1931. $87,113,000 979,895,000 * Jan. 1 to Dec. 31 AGGREGATE SALES. In 1932. $65,014,0000 1930. 222,286,725 _-__110,349,654 __ EXCHANGE January. 9,348,904 1931. Jan. 1 to Dec. 31 YORK CURB 1931. 1932. January. NEW Bid. Ask. Bid. Jan. 30. Ask. Bid. Ask. Lowest. Sale Highest Lowest. Highest. Sale Prices. Prices. Sale Prices. Sale Prices. MISCELLANEOUS 200 100 Abbott Laboratories com...* • 6,400 Acetoi Products. Inc. A 400 175 100 ¥.566 125 1,400 1,200 800 6X 15 X Acme Wire Co ▼ t C........25 200 Adams (J D) Mfg Co * Adams MlIUs 7% 1st pf 100 3X 2,125 1,475 Aeolian Co 1,500 5,800 21,200 89,715 3,625 28,346 10,450 19,000 3.400 Aero Supply Class B 1,600 1,200 8,500 8,100 Jan, 8 Jan. 22 80 4 * 4 Aero Underwriters Corp... Agfa A a sco Corp com 55* 43* 73* * .... Preferred 1 2 12X 3X Alnsworth Mfg 15 Sale t c. com ▼ 83* 11 3* Sale X Convertible preference.. Warrants • 12X IX 13 X A" a?* Sale 44 Corp com...* Air Investors Inc 10 1 100 Jan. 14 30 Jan. 8 6X Jan. 23 16 Jan. 9 3 Jan. 22 81 Jan. 14 Dec. 28 43* Feb. 18 143* Dec. 28 32 5X X 2X 7 1 4% 5% Jan. IX Jan. 12 27 2 Jan. 21 44 Jan. 30 5X Jan. X Jan. 7 26 4 Jan. 8 30 Jan. 1-32 Jan. 5X Jan. IX Jan. 3X Jan. 45 50 * Corp.20 93* Sale X 8X 3-16 X 9 com.. IX 3X X 8X Jan. 11 Sale 33* Jan. 4 30 Sept. 2 Feb. 11 143* July 6 11 12 3 1 3* Dec. 29 63* Feb. 3 1 X Dec. 11 Dec. 4 2 3* Feb. 25 Nov. 12 95 63 13 Dec. 14 193* Apr. 6 Apr. 4 Jan. 27 51 87 6X Jan. X Jan. 43* Jan. 15 53* Dec. 16 X Nov. 24 23* Dec. 28 3* Dec. 29 263* Dec. 29 13 14 21 5 9 Dec. 28 10 27 7 50 Alexander Industries All America General Dec. 4 11 Dec. 30 75 3* Oct. 5 28 Dec. 17 32 39 Dec. 30 Mar. 11 May 6 3* Jan. 5 10 Mar. 26 AX Feb. 13 ............ 550 Alles & Fisher Inc 600 Alliance Investment ""500 5 23 14 3 warr.. H(g class A 925 Ala Gt Sou RR ordinary Preference 140 160 7X 25 5X (The) 7% pref.100 500 Aeronautical Indus 200 200 Sale 3,824 """125 Jan. 6% Jan. 29 45* 875 Acme Steel common.......25 35 Jan. 7 X Jan. 9 21 Jan. 8 r 3X Jan. 30 Dec. 31 35 3* 83* 43* 33* Dec. Dec. Nov. Dec. 14 31 23 21 June Mar. 3* Mar. 92 Mar. 95 Mar. 3* Jan. 11 Mar. 3 5 8 Allied Aviation Industries 200 "¥.266 200 33",360 2,300 800 6 1,000 With stock pur warrants.* 8,100 3,400 Allied Int Inv S3 conv pref. 25 Allied Kid I6HI conv pref. * 35,100 Allied Mills Inc * 1,751 Allied Motor Indus com * 8,400 Allied Product conv A * 278,173 Aluminum Co common Preferred..............100 37,350 6X Jan. 19 7 Jan. 19 43* 4 3* 43* Sale 3X Jan. X Jan. 27 18 50 X 60 Sale 5 61Jan""16 63 45X Jan. 603* Jan. 4 67X Jan. 19 153* 20 17 7 21 14 4;X Jan. X Jan. 6 18 Sale 107 593* Sale 513* Sale 62 X 64 25 15 Jan. Jan. Series B warrants....... Series D warrants......... 10 14 5 200 100 7,200 180 1 25 163* iox nx 10X Jan. 103* Jan.. 11 19 5 10 Jan. 19 103* Jan. 5 13 ........100 Book Co 13,190 Amer British Ac Contr 4,000 29,800 8,400 Amer 300 3,900 15,350 1,025 53.700 28,300 21",700 776,6171 """485 100 8,100 Capital Corp IX * .... 5 653* 2 "X Sale "X "x ~"X 68 210,602 210.602 Amer Founders Corp 600 6% 1st pref series D. 73* Sale IX 100 175 175 100 American Hardware Amer investors Warrants com AX Sale * 50 B...* """466 1,200 150 1,200 15,375 1,475 Amer Pneumatic Serv com.25 Amer Thread 25 IX X 1 % 14 Sale 25,900 1,300 408,950 69,500 295,100 100 Class B v * ..5 * t c f3 cum pref Sale 223* 323* X 1,000 Apex Electrical Mfg 30.300 Anponaug Co common me feetoot** page 56* Jan. 9 20 23* 7 Jan. 7 X Nov. 10 29 3* Jan. 8 Nov. 6 53 X Dec. 15 8 19 46 Jan. 12 100 12 5 3* Jan. 2 5 1-16 Jan. 5 33* Jan. 14 3* Jan. 73* Jan. 4 3* Jan. 73* Jan. 2S 8 23* Jan. 13* Jan. 18 "13* Jan?" 12 X Jan. 153* 44 15 17 163* 30 10 20 9 15 11 28 8 5 45 46 43 53* 453* 20 32 53* J 27 5 33* Jan. 3* Jan. 2 2 4 17 Jan. 6 Jan. 7 11 Jan. 53* Jan. 29 7 Jan. 7 8 Jan, Jan. 6 7 44 Jan. 11 45 30 10 Jan. 7 30 Jan. o2 18 23* Jan. 14 T- 5X 23* ..... 3X Sale 5 is* 13* ..... X Sale '13-16 Sale" 3* Sale 10X 20 3X Sale 1 10 6 Jan. 11 11 3 Jan. Jan. 11 23* Jan. 15* Jan. 27 23* Jan. 25 5 5 4 3* Jan. 2 3* Jan. 3* Jan. ~X Jan. 4 9 IX L 13* 13* X 3* X * 13* Dec. May 3* Dec. 37 Aug. 7 10 16 4 29X 12 65 29 28 18 23 27 Sale 2 4 293* 12 543* 6 27 26 10 9 19 20 4 12 4 25 Jan. 23 Dec. 17 13* Jan. 20 13* Jan. 7 3* Jan. 8 3* Jan. 9 Jan. 53* Mar. June 353* Mar. 52 Feb. 73* Feb. 25* Feb. 45 Dec. 16 32 28 18 11 29 16 24 50 10 2 10 19 13 26 27 Jan. 23 June 22 Jan. 5 Sept. 25 51 Feh. 24 29 June 6 7 7 19 Mar. Mar. 4 Dec. 23 18 2 3* Dec. 16 6 30 73* Feb. 26 63* Dec. 28 40 X Sept. 14 20 Sept. 29 28 3* June 8 10 11 Feb. 24 Mar. 27 Aug. 28 41 13* Dec. 17 X Dec. 14 143* Dec. 29 9 25 Mar. 16 23* Feb. 28 22 July 20 35* Mar. 25 7 Feb. 20 X Dec. 10 Sept. 16 3* Dec. 22 243* Apr. 9 73* Jan. 12 305* Mar. 23 6 Apr. 13 243* Apr. 9 73* Jan. 17 13* Dec. 11 2 7 1 Oct. Oct. 7 Dec. 12 X Dec. 29 2 X Jan. 19 10 * * 28 10 "X "~X • com 17 Dec. 23 3* Dec. 7 .... 3 3* Dec. 15 33* Dec. 1 IX Sale 18 26 26 Sept. 12 30 3* Mar. 10 Oct. 853* Dec. July 24 1003* Dec 3* Dec. 12 June 1-16 Aug. 19 3* June 4 Dec. 113* Apr. 23* Dec. 123* Feb. 21 X Feb. Feb. 75 Jan. 3* Jan. 23* Jan. 26 26 69 Jan. 8 19 26 3 5 Dec. X Jan. 15 Ex stock distribution 60,900 1,000 Anglo Norwegian Holdings.* 100 Angus Co Del $4 pref A 700 Animal Trap Co of Amer Nov. 2 50 20 42 Anglo-Chile Nitrate Corp...* — 22 .* American shares 2,100 19,900 Anchor Post Fence com....* .... 2,500 23* Jan. 12 130 23* Jan. 3* Jan. 153* Jan. preferred—..* 100 Amoskeag Mfg common Amsterdam Trading Co 600 22 14 Sale * Yvette Co com...* Convertible 23* Apr. Dec. Jan. Sale 1 5* Amer Transformer common. * American 23* 33* Amer Utilities Ac Gen Corp— " X 20 7 50 43* Sale IX Sale Corp....50 preferred Dec. Mar. Sept. xllX Dec. 18 Jan. 100 33* Sale * 800 Amer Potash Ac Chem Amer Salamandra Oct. Mar. Mar. Mar. Mar. 163* Mar 173* Feb. June 29 Jan. 13 Jan. 33 Mar 92 Feb. 73* Nov. 90 Mar. 33* Dec. *9 3* Dec. 173* Feb. 13 19 60 60 60 60 Oct. 30 45 ............ 400 Amer Phoenix Corp, 1,000 93* Jan. 5-16 Jan. 100 11,400 • 4,000 Amer Maize Products com 3,125 Amer Mfg Co common 100 Preferred.. ..........100 1,950 * 3,475 American Meter Co 600 Amer Paper Goods Co com..5 ______ X Jan. X Jan. X Jan. Sale X "33* Sale' ..25 cl 02 Mar. 24 923* Feb. 14 June Oct. 20 Amer Laund Mach com....20 300 X 2 7 com.. 650 Amer Hard Rubber Co 47.350 Sale Sale 3 .. 175 13 2. class A_* 18,400 123* Dec. May 100 134 110 115 100 * 630 American Fork Ac Hoe com..* 3,700 23* Jan. "x ~"x X B..._.......20 229,500 American Equities To",ooo "ix "5" 100 • 1,025; 7% 1st pref series A ...100 200 Amer El Secur partic pref.. 1,410 235,300 93* Jan. X Jan. 1-16 Jan. com 6 303* Apr. 20 Dec. 17 224 Mar. 24 563* Dec. 18 1093* Mar. 23 70 Corp common....* "7",600 — _ 6* 15* Warrants Common O Dec. 22 June July 30 3* Nov. 9 43* Jan. 5 48 50 $J preferred......... Cigar Co. com..100 49,400'Amer Dept Stores Corp 115 9 6 Sale 15 cl A* ....... 5 75 American Preferred.. X 83* 2X Corp.* com Common class B American 7% 90 $5.50 prior preferred..... 2,500 Amer Cyanamld 1,000 33 ..100 500 100 313* Sale Beverage Corp........* American """655 800 18 * Corp class A.* 7% preferred Amer 23 25 ...100 Amer Austin Car Com Amer Bakeries 7 26 Dec. 30 Feb. 2 65 3 Mfg......* 6,000 68,300 2,600 23 23* 100 Aluminum Industries com..* 2,800 12 30 33* Oct. 13 Series C warrants....... American Arch Co 10 26 3* Feb. 25 Dec. July 75 200 Aluminum Manufactures.. 100 26 3 123* Sept. 25 1493 1063 Series A warrants....... Aluminum Goods 9H 65 * 20,504 Aluminum Ltd.......... 6% cum preferred......100 3.050 5,347 7,130 2,659 2,622 16.500 7 11 Sale 4 Feb. 31 13* Feb. 28 9 Sept. 9 23* Oct. 7 6 Aug. 14 50 Apr. 18 5 Jan. 24 175* Mar. 30 53* Feb. 13 13* July 3 30 Mar. 9 Sept. 145* May 9 8 10 11 Mar. 10 72V* Mar. 27 40 NEW EXCHANGE CURB YORK Price NEW YORK 2 Jan. CURB EXCHANGE 12 Months 1931. Jan. 1931. INDUS. 8c MISC. (Ctm.) Par Shares. 41,300 Arcturua Radio Tuba com..* 18,200 Armstrong Cork com.......* 31,500 Art Metal Work* com * 730 Arundel Corp Ask Bid. Sale 6 20*4 Sale 10 2H 2 24 8 2 Ask. Highest. Sale Prices 2 134 Jan. 734 Jan. 21 21 3% 234 Jan. 6 5-16 Jan. 25 Jan. 9 234 834 2k 134 734 234 Lowest. Lowest. Sale Prices. Jan. 30. 2. Ask. Bid. Bid. Jan. Sale American deposit Common 400 v 4 54 recta..£1 Sale 3X 26,300 Associated Rayon Corp com.* 4% Conv pref 100 40,900 6% pref ctfs of dep 100 6,300 * 25,500 Atlantic Coast Fisheries 20 Atlantic Coast Line Co 23.800 Atlas Plywood. Atlas Utilities ~354 "I'X 2X 134 4,718 ..* Corp com...* 434 8X 1154 4X Sale IX 4% 2 2 Sale 534 234 Sale Babcock 8c Wilcox Co 100 Conv 7% 1st pref 425 1$0 * 7,400 Bellanca Aircraft v t c Benef Indus Loan com.. * 54,428 4,400 Benson Ac Hedges common..* Convertible preferred 100 * ...._* 10,700 Bickford's Inc com 12.50 cum conv pref .__* 4,000 * 9,645 Bigelow-Sanford Carpet 140 6% preferred ...100 ...» 600 Blauner's common... 22,670 Bliss (E W) Ac Co common.. Blue Ridge Corp com Opt 6% Conv pref 9,500 Blumenthal (S) 8c Co com 3,200 50 * Bohack (H C) Co com * 7% 1st pref 400 8$ Sale IX 5X $ 10 i x 3 134 lk 5k 8 a J* Sale 34 56 1-16 Jan. 5 334. Jan. 15 234 Jan. 634 Jan. 3434 Jan. 25 1 13 334 Jan. IX Jan, 9 134 Jan. 634 Jan. 28 Jan. 4 434 Jan. 3334 Jan. 134 Jan. 4 28 2 2 Sale 5 k Jan. 434 Jan. 37 39 104 108 40 45 40 45 55 17 29 17 — 7 "! ik 4X Dec, 23 Dec. Oct. 8*4 23 11 17 40 k 134 1034 Sale 34 4 10 k 24X 934 23 934 2434 Jan. 7 Jan. 19 134 Jan. 1134 Jan. 17 3 54 30 54 Sale 10*4 70 Sale 15 75 ^Oct. 14, 6 5 15 7134 Mar. 3 6 July 30 Mar. 12 19 934 Jan. 14 10 Jan. 14 24 Jan. Dec. 4 134 134 3 19 5 Mar. 10 16 13 Apr. 16 15 1834 Feb. 25 3034 July 16 3434 Aug. 1 Jan. Dec. 1 Oct. 24 50 5 Jan. 134 1734 534 Jan. 4 Jan. 4 Jan. 6 Jan. 22 Dec. 29 5 Dec. 1% Jan. 14 20 Jan. 6 Jan. 28 Dec. 29 14 11 18 Dec. 8 100 70 Dec. 50 20 99 3 Sale 434 10 29 15 Dec. 8 14 12 3 134 Sale 1834 Sale 89 .100 14 21 28 ; June 16 10 4 3 Feb. Feb. 26 6 9 )ec. 29 22 95 15*4 SX Feb. 16 16 1634 Mar. 4134 Feb. I Mar. 31 32 7 1 fov. 10 1 10 Mar. 20 234 Mar. 19 Dec. 18 110 Jan. Dec. 16 3734 Jan. Oct. 21 1934 Jan. x36 24 25"" ~24" 17 3434 May 25 4034 Jan. Mar. 10 Apr. x 3 22 1 4 11 45 3X 334 32 21 Mar. 13 'IB 134 Dec. 24 Jan. 8 Feb. 26 134 May 15 10 39 24 22 29 37*4 134 32 Feb. Jan. 37 June Dec. 30 6 3 May 20 Mar. 27 60 11034 Mar. 1-16 June 234 Oct, 334 Jan. Mar. Jan. 5934 Apr. 14 8 Mar. 2 11034 Mar. 4 Dec. 1 9 11 1 f* 4* 34 Oct. Jan. Mar. 23 1-16 Jan. IX Sale 600 Bancomit Corp common.._.* 300 Bastian Blessing Co Baumann (Lud) & Co 300,390 239,300 34 Sept. 5-16 Oct. Ik 234 IX 10 Apr. 6 2634 Jan. 18 834 Feb. 24 4134 Jan. 7 11 234 Sept. 25 - "~X Sale 31,100 Automatic Voting Mach com * Conv prior participating..* 66,532 * 13,000 Aviation Securities Corp 2,600 Aviation Secur of New Eng.* 10 7,800 Axton-Fisher Tob A com >v;>' Jan. 23 34 Warrants 69,404 Jan. 1 33* Preferred A (1; 13 50 37,300 Atlantic Fruit & Sugar 26,725 Atlantic Securities com... $3 pref with warr 1,000 486,308 3X4<*4fc 334 Jan. 34 Jan. * t c Sale Prices. 2634 Dec. 24 Sale Associated Laundries com..* Dec. 2 o 38 Highest. Prices. 134 Dec. 30 834 Dec. 29 2 8 Associated Elec Industries— 85,750 3,500 YEAR 1931. RANGE FOR PRICES IN JANUARY. AGGREGATE SALES. June 6 June 27 85 26 Feb. 24 18 Feb. 27 Mar. 2 1634 Feb. 38*1 80* Feb. 19 Mar. 27 1 104 May 29 5 May 7 Mar. 3 Mar. 24 Boston & Maine RR— Prior preferred mrnrn 800 ' «. m mm mm " m m m — m — "300 ■■ '-m ± „ ' mm mm 900 600 100 ■ m •. a. •• - - 1,000 1,600 200 Bowman-Bilt Hotels ' *»«•«■ ■ mmm ' _ m m ^ mm 160 100 12,500 2,000 2,500 100 ' m m Brillo Mfg Co common mm m 100 «. m mm'mm 1,000 Brlt-Amer Tob Ord bearer. £1 Amer dep receipts reg ).'m.m'mm'mm 600 Bruce (E L) Co 100 Bucyrus Monighan class A 14,125 Bulova Watch Co $3.50 con pf * 20,050 11,590 29,750 Burco Inc ...» com 6% pref with warrants..50 34 k 7 434 Jan. 7 Jan. Jan. 3 1 k 34 734 2434 9 6 34 3 634 2034 14 Jan. 2 14 134 27 Jan. Jan. 4 5 134 Jan. 14 34 Jan. 13 634 Jan. 5 2434 1234 134 134 134 134 Jan. 4 Jan. 13 Jan. 4 15 14 Jan. 134 1334 Jan. 15 134 Jan. 4 m Cable Radio Tube 34*4 35 2 12' 1034 k 15 30 "30 100 20 Jan. 25 12 18 134 Sale 2 134 234 Jan. 25 12 Jan* 29 Jan. 15 134 134 234 Sale 134 234 Jan. 5 Jan. 30 34 134 234 Jan. 2\ Jan. 26 Jan. 29 3-16 Jan. 15 18 Jan. 13 Jan. 9 X X IX 9 5 34 34 X 1834 Jan. 2,620 Carman & Co conv A stk B stock 1,000 14,116 Carnation Co common 8 Jan. 26 2*4 mmm' 12,300 Carrier Corp 3 * * * common 100 Castle (A M) & Co 100 CeCo Mfg Co Inc '""306 m m rn rn mm m m mm m m 4,000 - mm m m mm 1,000 4,300 100 9 Nov. 9 2334 Sept. 9 2434 Jan. 3 2054 Jan. 27 * ._* 24 26 June 16 Dec. Oct. 31 11 1534 34 134 0134 34 3 6 1734 17 1734 2134 May Dec. Nov. June Dec. 31 May 11 _ 34 Oct. 17 34 June 2 Oct. Jan. 7 12 3 1634 Jan. 6 18 Jan. 15 17 10 7 17 34 May 11 Jan. Jan. 10 14 16 13 24 634 Dec. 15 5 Jan. 21 20 Apr. 9 1634 Aug. 21 Dec. 18 7 Mar. 14 Jan. Jan. Dec. Jan. Apr. 1234 Feb. 1 234 Mar. Apr. July 234 Dec. 7 Apr. Apr. 7 1 Feb. 11 634 Apr. 11 4034 Mar. 27 xl8 Dec. Jan. Dec. 8 26 1534 June 12 1 134 June 12 Mar. 11 Feb. 17 Bank Co 1134 14 10 934 Jan. 12 25 731 Sale" 40 2 4 Jan. 30 Jan. 12 10 Jan. 4 34 3-16 534 634 IX Sale 15 13 13 2434 Jan. 13 42 Jan. 18 3 Jan. 12 12 Dec. 30 25 Jan. 32 Feb. Jan. 24 8 8 434 34 534 1134 95 ■ 5 3-16 9 1334 150 1634 Dec. 16 26 Dec. 22 Nov. 19 2 "234 "3" 334 3-16 534 1234 9634 334 Nov. 11 65 July 15 8134 July 31 10 Jan. 5 26 25 Jan. 16 Jan. 13 4 Jan. 13 Jan. 19 3-16 Jan. 19 34 Nov. 16 2934 Dec. 22 834 Feb. 10 434 Mar. 31 634 Jan. 19 1234 Jan. 28 9934 Jan. 4 534 Dec. 14 13 34 Dec. 29 1134 Feb. 19 2434 Apr. 21 Jan. 20 "554 Sale" 28* 48 Sale 18 22 18 40 Jan. 6 Jan. 28 Jan. 19 2934 Dec. 22 Dec. 2 14 17 197 Mar. 14 Jan. 8 2 1 3 Nov. 28 Nov. 28 Jan. 6 Dec. 18 108 Dec. 16! 2034 Feb. 17 Feb. 24 6 3534 Oct. " Mar. 3 4 Dec. 29 Mar. 25 4134 Dec. 28 Dec. 95 34 May 30 48 10 15X Sale 534 4534 Sale Sale Sale 30 534 4934 Sale Sale 4434 Jan. 30 534 Jan. 5 30 634 Jan. 30 Jan. 14 9" 5 52 Jan. 11 n5 Jan. Jan. 13 11 4134 "6 Jan. n5 Jan. 9 4134 Jan. 9 734 Apr. 30 15 5 3 45 5 *734 8* May 20 Ltd 334 Budapest—Amer shares 3934 June 43 Claude Neon Lights com * 1 Cleveland Tractor com.....* common 7 854 134 234 134 4 134 134 Jan. 5 3 6 Jan, 14 Jan. 134 334 4 Jan. 9 Jan. 19 34 Aluminum Utensil....* * 200 Cockshutt Plow Co com.. 3,400 Club Jan. 2 6 Sale Sale 8 22 3 4 1734 334 434 1-16 Sale 1134 34 2034 1054 Nov. 30 Nov. 2 1-16 34 Sale 10 *434 434 734 634 10 3 Nov. 30 334 934 834 34 Feb. 10 Feb. 11 Feb. 3 Jan. 9 Feb. 5 7 1-16 June 8 8 Dec. 17 334 Dec. 29 234 Dec. 22 23 Jan. 27 534 Jan. 27 534 Jan. 26 434 Jan. 27 Dec. 30 14 Jan. 234 Jan. 14 Jan. 7 5 Jan. 23 3 Jan. 5 434 234 1-16 1-16 Jan. 10 15 15 May 9 Aug. 14 Apr. 7 Apr. 15 Feb. 24 1054 Jan. 8 10 334 Dec. 22 3-16 19 4034 Apr. 22 Oct. 9 Apr. 7 Oct. 1 Dec. 18 Sept. 21 34 Dec. 29 4 6 Cohn Ac Rosenbergex Com ._* 3,800 1 201,200 Colombia Syndicate 4,000 Colt's Patent Fire Arms Mfg25 8,700 Columbia Pictures Corp com * Common vot trust ctfs * 35,075 300 Columbus Auto Pts conv pf.* 834 34 1034 X 3 * 3 June 29 9 ...10 800 Claude Neon Elec Prod Commonwealth 1534 June 12 32 16" 15 * 2,800 Childs Co preferred......100 6,334,200 Cities Service common..___.* Preferred ♦ 84,400 Preferred B 14,527 Preferred BB ___...* 1,350 * 5,700 City Machine & Tool com Savings 234 Nov. 16 334 Nov. 11 Stores Develop com 100 Cllnchfield Coal ' 24 134 Mar. 17 June 25 Dec. 28 1234 10 * 340 Chic Burl & Quincy RR..100 Chicago Nipple Mfg class A.50 2,800 109,700 34,800 Feb. 24 Sept. 28 Feb. 26 12 6 11 13 11 » 200 Clark (D L) Co * 100 Clark Light conv A stock...* 4,700 1,700 6 Mar. 5 June 19 £1 1,200 City & Sub Homes Co m'm 2 22 6 22 21 9 34 1054 1734 34 434 234 X 35 9 20 34 4 Am dep rets A ord shares.. Am dep rets B ord shares City 10 27 18 Dec. 634 a;1234 9234 634 334 234 200 Canada Bread Ltd com 900 Canada Cement Co com..100 6X% cum preference...100 500 400 9 6 34 Oct. 934 Dec. 1 234 Sale ' 198,000 3,800 14 2 30 20 11 5 4 c_* com v t 100 Chicago Rivet & Mach Co m 27 common.. 39,625 Chain Store Stocks Inc 4,305 Charts Corp common. 60 2134 3-16 200 Camden Fire Insurance 600 Campe (The) Corp com.... 300 15 2334 June 2134 May 22,600 Burma Corp, Amer dep rets.. 20 19,375 Butler Bros 56,900 34 June Dec. 834 Nov. 34 Mar. 2 Dec. 34 June 34 Nov. 34 Oct. 34 Dec. 534 Jan. 20 Apr. 834 Sept. 1234 Dec. 3 9 25 8 25 8 Warrants 90,633 Chain 200 m'm Jan. 13 * 700 m 4 100 300 250 mm 534 2434 Sale IX Sale 500 900 :mmmmrnm m 434 £1 Celanese Corp of Amer— 7% l«t partic pref... 100 9,360 New 7% prior preferred.100 6,508 1,750 Celluloid Corp common.....* 1st preferred 400 _.._.* ..* 92,300 Centrifugal Pipe Corp 1,300 "mm 15 Celanese— American dep receipts 115 Brown Co 6% pref 100 Brown Fence & Wire cl A 100 mm ""200 ' "l~X 34 634 2034 * Carreras Ltd mm 4* "2 34 2 Class A 100 Canadian Car & Fdry com. 100 500 Canadian Indus Alcohol A..* 100 Capital Management Corp. 25 ■' 534 2 IX Class B 500 Buzza Clark Inc m -434 100 com 39.400 ' m'm Jan. 59 100 * 500 Bright Star Elec class B_.__* • 13,000 Brill Corp class A 7,550 6,400 8,100 51,800 9,000 15 . ^ 100 m com. Jan. 34 * * 1st preferred 10,000 Bridgeport Machine British 400 100 1,800 Botany Cons Mills com 24,700 Bourjols Inc 8,800 Bower Roller Bearing 310 59 5 22 22 Fen. 24 Feb. 16 Mar. 19 Secur Inc 39 200 "260 Conv preferred.. ...100 200 Compressed Indus Gases .* 14,600 Consolidated Aircraft com..* 7,000 79,200 Merchandising 100 5,300 13 50 preferred 1034 Sale 34 234 134 234 4 Apr. 14 2154 Feb. 16 34 Dec. 30 4634 Feb. 10 2154 Feb. 16 1034 Jan. 2 Consol Automatic *ar footnotes see page 56 v t c * * X Sale 1-16 Sale 1-16 Sale 1-16 Jan 34 Jan. 1-16 Jan. 34 Jan. 1-16 Mar. 31 34 Dec. 14 34 Jan. 134 Jan. 2 13 YORK NEW AGGREGATE SALES. 12 Months January. Shares. 100 100 200 1931. Jan. 2 1931. INDUS. 8c MISC. (Con.) Par Bid. Jan. Bid. Ask Bid. Ask Lowest. Lowest. Highest. Sale Prices. Sale Prices Jan. 30. 2. Ask. Highest. Sale Prices. Oct. 28 Sale Prices 53 Oct. 500 Consol Cigar Corp warrants ! 700 YEAR Price CURB EXCHANGE 1931. Shares. RANGE FOR PRICES IN JANUARY. NEW YORK In 41 EXCHANGE CURB 41,900 Consol Dairy Products * 13,250 Conn Retail Stores Inc com.* 3,900 Consol Theatres Ltd v t c__* 9,000 Continental Chic Corp com.* Convertible preference...* 1,800 3,700 Cont'l Roll 8c Steel Fdry com • 3 54 Feb. 1 Dec. Sale 4 3K Sale IK 5 5 OH 35 37 1 2 2K K 2 Jan. 18 19 .... 21 IK Jan. K Jan. 22 Jan. 18 22 9K 9K 1H Sale "lKJanl"2 IK Jan. May 13 Jan. 54 Dec. 153 Dec. 5 300 Continental Secur common.* 4 K Jan. IK K IK Jan. 1 2 __ Dec. 29 14 853 Sept. 14 0153 Dec. 31 I 211 31 16 Apr. 22 Fed. Feb. 26 3 June 10 Dec. 7 Continental Shares Inc— 275 29,179 75,064 575,000 800 800 Preferred series B Convertible ...100 pref 500 Coon (W B) Co 100 common 22,900 Cooper Bessemer Corp com..* $3 cum pref with warr * il,250 600 IK Dec. 28 153 Dec. 18 2K Jan. 2K Jan. 3K Jan. 11 5 Jan. 15 Jan. 19 3K Jan. 9K Jan. Jan. Jan. Jan. Jan. Jan. 16 4 8 23 5 Jan. 8 1053 Jan. 19 27 5K Jan. 27 2 23 Sale 34 23 5K Jan. 19 22 Jan. 4K Jan. Sale 42 ..* 3 4K 9K Sale 3K 7K 9 3 8 2K June 8 153 Dec. 30 8 54 Oct. 1 7 Jan. 51 Jan. 5453 Jan. 15 Jan. 14 0 22 2354 Feb. 24 3654 Jan. 30 Copeland Products Inc 400 7,100 2,362,600 49,300 1,100 class A without warr _...* Cord Corp 5 41,034 Corporation Sec of Chic 21,400 Corroon 8c Reynolds com 96 Conv pref A........ 17,600 800 2,800 i-— - — - 6,600 * 75 127,800 Sale 1 43 Sale 8 25 com......... Preferred 100 Crocker Wheeler Elec Mfg..* Crosse 8c Blackwell— 600 7K 47 ... Crown Zellerbach Corp 475 96 conv pref A .* 94,200 Cuban Cane Products warr.. • 1,300 Cuban Tobacco com v t c 10 9,200 Cuneo Press com 6 ^ % pref with warr 100 2,250 700 200 Curtis Lighting Co 7 H Sale Curtiss-Reid . 3K 4k Sale IK IK 1154 11K Jan. 8K Jan. lk Jan. 2 16 9 14 10 Jan. 28 53 53 3K 4H 3K Jan. 29 53 Jan. 28 554 Jan. 6 1,100 Sale 1H Sale IK IK IK Jan. 2 1-32 Jan. 11 Jan. 2 1-32 Jan. 11 154 J 191,200 100 29,500 25 H 29 15 18 15 K Jan. 27 15 17 Jan. 18 14 39,300 38,500 22 Feb. 653 Mar. 5153 Jan. Dec. 17 853 Apr. 28 35 Sept. 9 107 Dec. 11 1453 25 Dec. 1 Dec. 21 19 1 1-32 Dec. 11 Dec. 28 Dec. 18 Sale Sale H Sale K K 1-16 K 14 H 1-16 IK 2 17 K K 14 6553 Dec. 5 July 15 Dec. 53 Dec. 53 Dec. 30 2 30 11 3 2 Nov. 12 28 11 Apr. 14 Mar. 24 June 1 Mar. 12 Apr. 27 June 24 853 Mar. 12 3954 54 OK 3654 Mar. 23 Jan. Jan. 7 21 Mar. 27 90 Apr. 9 5 July 30 1954 Aug. 20 2 Mar. 253 Jan. 6 4 5 Jan. 23 1-16 Dec. 12 5 1253 Jan. 2 53 Apr. 10 53 Mar. 26 19 1 12 K Sale K 13 14 1-16 Jan. 4 3-32 Jan. 11 14 Jan. 8 14 Jan. 8 Convertible preferred... 536.220 Dayton Airplane Engine • 3,300 Decca Record Amer shares.£1 100 Decker (A) & Cohn com A--* 100 260,037 Deere 8c Co com * 874,740 De Forest Radio v t c / 554 3453 10353 253 1 Wright warrants.. Davenoort Hosiery 100 Davis Drug Stores com..... ------ 2354 July 22 15 Apr. 6 9 8 Aircraft— 6,950 100 15 2753 Apr. 22 * Pref with warrants Curtiss Dec. 1 753 Dec. 23 10 17 100 Curtlss-Wright Export com.* ------ 8 June 19 453 Oct. 6 153 Dec. 29 1753 Dec. 17 10 7H 9,100 Curtis Mfg Co class A —* 2,900 Curtlss Airports v t c * 600 Curtiss Flying Service Inc..* 500 IK 1% 8K £1 1,300 $3,50 Preferred * 2,000 Crowley Mllner 8c Co com * 39,320 Crown Cork Internat cl A..* 300 2 Sale 6K Am dep rets for ord stk req 200 Crane Co - 25 1,700 Sale • Courtaulds Ltd 100 5J4 Sale Sale 14 K 4 * 10K 6K IK IK 7K 2H Sale 36 H Sale 1H Sale K Sale 9K Sale IK Sale K Sale 1-16 Jan. 6 9K Sale 8K Jan. .5 1 Sale 1 Jan. 26 54 UK IK Jan. 11 Jan. 15 Jan. 8 1-16 Dec. 17 53 July 29 53 Dec. 31 853 Oct. 6 1 Dec. 11 2 Dec. 8 Apr. 16 Jan. 23 53 Mar. 24 Aug. Apr. Mar. Jan. Oct Dec. 4454 Feb. 853 Mar. 53 53 253 54 53 18 10 26 16 31 31 26 26 De Haviland Aircraft Co— 1,500 dep rets ord reg_...£l 7,900 Delsel-Wemmer-Gilbert com * 344,565 Detroit Aircraft Corp • 1,700 Detroit Gasket 8c Mfg com * Am ' — - 16,000 ------ 5 4 IK 12 ... "ill Sale 3K H Sale K K Sale Jan. 5 54 Jan. 2 100 De Vilblss Co 7% pref 10 100 Diamond Shoe Corp com.. 505 Dictaphone Corp com.....-* 754 53 1854 853 2453 954 554 Apr. 14 Oct. Dec. Mar. June Feb. Dec. 27 16 23 4 21 29 353 1954 853 2453 Mar. 20 Mar. 2 Mar. 11 June 4 Feb. 21 23 Apr. 28 Oct. 19 8 Dec. 24 132 Dec. 10 17 Dinkier Hotels <r< 20 900 Class A with warrants 660 Dixon (Jos) Crucible Co..100 Doehler Die-Casting ._.* 125 Dominion Bridge Co Ltd.. * 65 22,733 1,000 OH — - - — - 150 200 ------ 700 129,900 i5,750 80 Preferred Durant Motors Inc Durham — - - 2,200 300 100 100 5,000 - — 2,100 7,900 ------- 1,800 700 250 24 H 4,400 111,800 Eastern Utll Invest class A_* Edison Bros Stores Apr. 10 153 Sept.18 Sept. 16 pref with com pur Eisler Electric ._* . k IK Sale 12 20 """200 400 —' — — — — — 730 — — — — - - — — - — — 200 — - — — ——— — — — 800 500 700 - — — - - — - - — 100 ■ - - conv * com pref 2H 200 — — —• — 300 500 200 14,850 300 200 800 100 1,000 2,0(K)' IK K Jan. Jan. 18; K Jan. 20 K Jan. 11 K Jan. 154 Jan. Jan. 26 Fabrics Finishing com 17 K K K IK 3 4 Jan. 26 12 4H Sale 1H IK .... 13 Sale 12 H Sale 6K 6H 8 3K 4 IK Jan. 14 1 Jan. 6 Jan. 14 253 Jan. 9 12 7K 7K 7K 7H 7 Jan. OK 6 Jan. 4 Jan. 30' Jan. 4 854 854 Jan. 14 Jan. 15 454 4053 Jan. 14 Jan. 19 10 9 Sale 70 67 Sale 38 42 17K 30 38 k 38 47 1054"Jan".'12 "ii54"Jan".'l8 30 K "l H 5 33 K Sale 17ti Sugar. 100 Fandango Corp com.. * Fanny Farmer Candy Shops.* ..... Fansteel Products Inc.... Fedders Mfg Co class A.... cum * K 3 K Sale 20K 23 2K 18 K 3K 18 Feb. 354 May Mar. 56 14 6 6 6 Apr. 27 354 Mar. 26 954 Mar. 9 21 Feb. 6 54 Jan. 19 354 Jan. 27 7 " Jan. 29 1054 Aug. 3 June 1H IK IK "30" Sale' 10Jf 4 15 H 5K 16 » 1 3 4 2 28 253 Dec. 12 10 Feb. 10 K 54 Jan. 5 54 Sept. 11 8 54 Jan. 19 Jan. 9 15k 1554 Jan. 29 5K 16 2K 5K 153 Jan. 27 IK 5 3K 16" "II" * A..* 3 Sale 1 Sale 11 5k 9 10 K 1 Sale 2 ... 14,200 (I) & Son class A_* 17,400 Flintkote Co class A * 8,000 Foltis-Flscher Inc com.....* 244,450 Ford Motor of Canada cl A..* Class B 6,400 ..* 6 9 20 Jan. 27 5-16 1 Jan. 9 16 153 Jan. 4 Jan. 27 Amer dep rets..Ord reg £1 1,274,353 20,000 Ford of France Am dep rets.. * 62,843 Foremost Dairy Prod com Conv preference.. 11,750 _....* 76,100 Foremost Fabrics Corp 7k 7 1 .K OK 10 K OK 1% YA 3K 2 9 9K Sale 4k 1 Sale K K g I 4 4% IK 2K Jan. 2 Jan. 2 Jan. 13 ! Sale Sale 2K 3K IK ' 3 1154 1154 2k 5K K K K 254 653 Jan. 25 K — Sale 7-16 n 10 , 554 53 754 Jan. 8 Jan. 11 K 3-16 254" 3 Jan. 15 153 Jan. Jan. 9 853 Jan. 7 Jan. 30 53 Jan. 353 Jan. 153 Jan. 1254 Jan. 22 Jan. 14 20 454 Jan. 2 454 Jan. 21 53 Jan. 26 54 Jan. 6 53 Jan. 8 .254 Jan. 8 27 11 20 53 553 4053 3-16 I" (1, 5 Dec. 23 16 10 July 16 Oct. 30 Dec. 30 Sept.17 Sept. 21 Dec. 29 Dec. 23 Dec. 29 253 Dec. 11 54 Dec. 30 853 Oct. 6 13 54 Dec. 29 653 454 K 54 54 Jan. 11 Jan. 21 Jan. 6 Jan. 6 Jan. 20 353 354 53 K 53 3 Jan. 154 Oct. 13 253 Mar. 18 30 1 29 5 29 30 29 24 24 10 5 K Dec. 9 Sale 4 Jan. 25 1653 2k k 15 IK- 6 10 54 25 3 1453 1 8 21K Sale 8 Jan. 26 Dec. June Dec. June May Dec. 2 Sept. K Dec. 6 Apr. 54 Dec. 54 253 1553 53 954 154 15 8 K OK Foundation Co foreign shs * Jan. Oct. 16 13 Jan. 26 6 .—- ... ... Jan. 21 554 26 Mar. 11 53 Jan. 22 7 Feb. 14 25 ..* 5 16 Jan. Jan. 15 K 2H Mar. 353 Jan. 1654 1 16 18 8853 Feb. 10 May 1853 Mar. 23 19 26 26 1 21 26 25 31 25 K 17 K 5K IK 3K Mar. Feb. Feb. Feb. May 3K 2K K H June 15 653 2654 2254 2253 554 231 33 54 Feb. 16 19! 3153 Jan. 14 254 Mar. 20 4 Sale 1H 42 5 21 Fischman 1353 Dec. 11 1K Dec. 24 Feb. 10 6 Oct. 1 553 Oct. 1 153 Oct. 8 3 53 Dec. 24 35 54 Dec. 29 8 May 20, 8 Nov. 28 54 June 17 K Fire Assn of Philadelphia..10 300 Firemen's Fund Insur 100 A 16 653 Feb. 3,283 V»r footnotes see page 56. 52 7 30 3 1-16 Dec. 18 K * Fiat Amer dep rets Film Inspection Machine...* ...... Dec. 20 K * preferred Federated Metals Corp Ferro Enameling class A com 53 Dec. 12 4 3154 Jan. 35 9 * com 10 Kalrchiid Aviation class A..* Fajardo 653 Dec. 30 K Sept. 19 53 Oct. 7 Nov. 2 3 1-16 Oct. 15 Fageol Motors Co class 153 Dec. 31 Sept. 21 853 Apr. 13 25 10 Fairy Aviation Amer shares.. 6% Jan. 30 54 Dec. 18 51 Jan. 6 Feb. 24 105 102 Apr. 14 Nov. 23 30 4653 Apr. 13 553 Dec. 22 4153 Feb. 20 Dec. 22 66 80 Jan. 7 5 3 12 ... Federal Bake Shops com.. 700 Federal Mogul Corp Federated Capital Corp 56,800 4 Jan. 12 Jan. 26 Ford Motor Co, Ltd, 31,000 25 Jan. IK K Sale 500 Financial Invest Co of N Y.10 — Jan. 6 .... Warrants 800 Finance Co of Amer ■V 22 1% IK H Sale Class B common 7,400 Employers Re-insurance 10 3,800 Ex-Ccll-O Aircraft & Tool..* 8,100 3,800 11,800 2,900 26,300 2,200 5 IK % 17 2H 2 10 300 Empire Fire Insurance.... 10 30,200 Empire Steel Corp com * 12,300 13,600 47,100 1,900 5,880 13,500 1,300 18,400 3,400 7,150 Jan. 21K 5K warr.109 com 104,820 Empire Corporation 1,100 31 Mar. 754 Mar. 8% Class A non-vot com......* Cum Jan. Jan. 6 8K Emerson's Bromo-Seltxer— 1,200 4,800 Jan. 6 * com 125,250 Elec Pow associates com Class A 218,500 .* 1,600 Elec Prod of Colo com..... 70,000 Elec Shareholdings com.. *, $6 cum pref with warrants* 15,550 400 Electrographic Corp com * 555 Elgin National Watch Co..25 300 300 dH 27 Sale Sale Sale 4* Duplex Razor— 300 Elec House jotd Utilities — 11 40 29 • $4 prior pref with warr.. 600 Durham Hosiery com cl B * 23,000 Duval Texas Sulphur .* 22,950 2,100 Jan. 66 ..10 Educational Pictures Inc — 22 300 7% preferred 100 48.900 Dubilier Condenser Corp...* 4,200 - 11 100 300 Durant Motors of Can - Jan. 4K Dow Chemical Co com._..._* 1,550 Draper Corp 30,700 Driver Harris Co common..10 701,400 3K Dominion Steel 8c Coal cl B_* 250 Douglas (W L) Shoe 7% pf 100 300 2K Dec. Dec. Dec. Dec. Dec. Jan. 10 Mar. 23 6 Jan. 8 354 Aug. 42 Jan. ifS 30 19 Feb. 24 Feb. Apr. 454 Mar. 8 a* 6 6 Jan.' 6 Feb. 13 Dec. 31 Jan. 21 Feb. 9 Mar. 3» 1 24 Jan. 3 13 May 13 Feb. 3 Mar. 25 8853 Mar. 8 12 3 6 Mar. 25 Mar. 23 Jan. 28 2954 Mar. 21 6254 Feb. 16 17 1953 Jan. 12 1053,Mar. 6 16 353 Jan. 8 29 4 5 12 653 Mar. 20 6 5 Jan. 26 Feb. 27 NEW 42 1931. Shares. Jan. CURB EXCHANGE 12 Months Shares. » r 8,700 400 INDUS. & MISC. (Con.) Par 1,300 6.000 ""100 700 2,800 1,500 100 Sale Sale Prices. Prices. Sale 654 a Sale 1 ,8 2* 34 X Jan. 6 IX Jan. Jan. 2 2 1 11 Jan.'26 ..100 Gar lock Packing Co com....* 954 IX 7 General Alloys Co General Aviation Corp com * General Cable warrants 1 ... 8X Jan. X Jan. 3 354 Sale Jan. 27 x\5X Jan. 12*4 Dec. 17 7X Jan. 21 50 6% cum preferred A 8,900 Gerrard (S A) Co com.......* 1,200 Gilbert (A C) Co com...... Preferred 1,800 100 Gladding McBean & Co.. ._.* 23,500 Gleaner Comb Harvester... ...» 82,137 Glen Alden Coal Co 75,300 Globe Underwriters Exch._* 300 5,173 3,500 Sale 14 16 17 24 654 25 7X OX 7 Sale 11 12 Sale 6X Jan. Jan. 28 7X Jan. 20 12 16 654 4 11 Jan. 2 7X Jan. 20 16 X Sale X 2 7,300 600 300 250 240 380 Sale 24 X 9-16 6 10 IX 10 6*4 2 33*4 X 56 58 i* 3 12 X Jan. sale 4 Jan. 23 2 f 6X Jan. 24 20 3454 19X ..... 22*4 26*4 25 21 Sale 4X IX Jan. 14 Sale 13 Jan. 18 2 Jan. 23 6X Jan. 13 19X Jan. 4X Jan. 4 30 24 Jan. 18 22X Jan. 4X Jan. 19 4 5X Sale X 1 Sale X Sale 3X ~2X Sale" X IX 15 854 Sale 22 Grand Rapids Varnish.....* 3 Graymur Corp Gray Tel Pay Station ....* • com IX 8X „ X 4 7 15 Sale 24 10 11 IX Nov. May Apr. 2 Feb. 6 24 X Dec. 22 X Feb. 10 Mar. 12 23 60 9 4X Dec. Feb. 3 Jan. X Sept. 20 X Dec. 10 8 Jan. Apr. 23 11 July 20 4X May 11 5-16Jan. 19 Feb. 21 17 June 22 Feb. 4 6 2 16 Jan. 7 Dec. 28 Nov. 10 Feb. 25 11^ Mar. 26 118 16 41 U5X 117 Sale 170 Sale 5X Sale 135 147 140 X 4X 14X 38X 115*4 Grier (S M) Stores Common ; 10 10 9 12*4 20 1 6 7 9 20*4 20 9 Jan. 19 14 12 Jan. 14 Jan. Jan. Jan. Jan. Jan. X 2 6 6 14X 7 27 42X 22 117 Jan. 14 Jan. 14 Jan. Jan. 7 25 13 Dec. 50 Dec. Jan. 18 112 Jan. 14 130 Dec. June X Feb. Jan. .... 17 24 1 5 150 9 Jan. 6 6X 95 X Jan. 6 10 9X Jan. 20 Jan. 13 12 95 9X Jan. 97X Jan. 12X Jan. 9 20 97 13 12 xl4 5 Sale fnc— __* ... 3 5 X 1 150 Hamilton Woolen Co 7 5 Jan. 7 Jan. 6 X Jan. 13 IX Jan. X Jan. 26 13 Jan. 5 X IX IX Sale X X 17 1 X IX 1 1 20 23 Dec. Dec. 12254 Nov. Apr. 2754 Feb. 23 Feb. 39X Mar. 260 Dec. Sept. 30 8 5*4 11X 7 1354 3X Sale 4X 9 Jan. 5 19 1454 Jan. 3% Jan. 22 20 Jan. 14 13 Jan. 14 X Jan. 28 X Jan. 11 Jan. 5 Jan. 14 14 Dec. 17 1 1954 July 22 7 Jan. 2 4X Aug. 31 Apr. 7 X July 14 OX Mar. 26 20 4 22 2 Jan. Feb. 27 26 Mar. 10 18 Jan. 12 15 Jan. 14 18 X Aug. 14 8X Mar. 19 25 Apr. 20 5 3X Jan. * ...» 1,700 Hammond Clock com.......* 9 Jan. 12 28 10 98 X July X Oct. 1 Dec. 16 X July 14 oX Dec. 31 X Nov. 25 16 X Feb. 4 X Dec. 23 18 Feb. 13 17 9 1 16 Jan. Jan. Dec. 14 12 6 Feb. Sept. 26 8 23 29 X Mar. 24 4 73 X Feb. 2X Dec. 28 * Feb. Jan. 5 15 * * 17 3 96 98 17 7 12X Jan. 96 X 100 3 Sept. 30 23X Jan. 27 Sept. 8X Dec. 11X Dec. 3^16 Sept. 3 July Jan. 8*4 Jan. 12 37 X 6554 Sale Non-voting common stock * Dredge & Dock * 5,400 Hachmeister-Lind Co 3,900 Hall (C M) Lamp Co 600 Hambleton Corp 63 pref.. 100 3*4 Jan. Gr Lakes 200 Hablrshaw Cable & Wire 400 X Dec. 10 31X Feb. 16 76 X Aug. 25 102 Mar. 7 Mar. 11 85 84X Mar. 3 13 11 54 Sale Gt Atl & Pac Tea 1st pref. 108 * 2,400 Ground Gripper Shoe com 2,400 Guardian Fire Assurance..16 * 3,650 Guardian Investors com.. Gucnther (Rudolph) Russell Law Inc com 5 5,700 7,800 OX June 20 5X Feb. 27 Feb. 27 454 June 25 X Dec. 24 5X Jan. 20 36 Mar. 10 22 22 67 preferred with warrants* 300 Griffith (D W) Inc class A-.* 59,600 Grocery Stores Prod v t c. .* 100 2*4 Jan. 3-16Jan. Sale 850 2'166 2 9 3 13 19 17*4 7% preferred 100 450 300 Greif Bros Cooperage class A. 500 Greyhound (The) Corp com- ♦ 3,400 Jan. Jan. 15 10 50 50 Feb. 27 Mar. 17 X Feb. 19 5 Dec. 28 63 cum pref with warr • Gorham Mfg Co com v t c * Gotham Knitbac Mach.....* 600 Greenfield Tap & Die com. 650 Greif (L) & Bros Inc com...* i 18 Inc 100 200 11H Feb. 16 25 2X Dec. 10 2X 2X 200 Great Lakes Engineering..10 2,900 Great Northern Paper Co. .25 375 18 X June 15 Dec. 18 X July 30 1X Oct. 6 7 Mar. 26 June 18 X Dec. 24 5X Jan. 20 30X Mar. 11 Common class A 400 6,250 3,610 18,200 2,200 32,900 4,825 5,951 14,080 1,000 12 4 3X Feb. 24 37 Mar. 6 1154 Dec. 23 10 X June 27 5,900 Golden State Co Ltd....... 5,400 Golden State Milk Prod...25 1,428,180 Goldman-Sachs Trading....* 122,650 Gold Seal Electric Co ......* 400 1 2 ............ 200 Sept. 21 5 250 Goldblatt Bros Inc com....* Gorham Dec. 4 6X Jan. 23 7X Feb. 21 11*4 Mar. 10 400 Godchaux Sugars class A.. Class B 900 100,000 6,500 1 6 10 X • 100 Sept. 19 101X Sept. 19 Dec. 11 18X Mar. 21 10 £ Feb. 26 8 25 5 Gen Theatres Equip Inc 200 Apr. 27 25 xl5X Jan. • 63 cum conv pref ...._.* 120 Gen Tire & Rubber Co com 25 46 Sept. 3 2 X Sept. 21 100 General Silk Corp com * 1st preferred 71 ...100 200 General Stockyards com....* 591,333 Feb. July 27 20 11 13 200 General Parts Corp com... Convertible pref.........* 600 23,100 34 1 8X Jan. IX Jan. 3X Jan. 23 5 Am dep rets for reg shares General Elec Co of Great Brit 900 General Rayon A stock X Dec. 30 Dec. 23 Feb. 4 0 1-16 Dec. 30 13*4 General Capital Corp com..* General Electric (Germany)— American dep receipts...£1 115,350 39,100 General Empire Corp..._...» 12,000 Gen Fireprooflng com.....* 22,400 Gen Laundry Mach com....* 18,300 General Leather Co com ...* Highest. Sale Prices. 84 5 Gamewell Co 6% pref Lowest. Sale Prices. Highest. Lowest. Ask. 100 » 7% preferred 750 Franklin Ry Supply Co 2,305 7,700 21,665 168,700 5,800 1,900 Ask. Bid. 40 4*4 Franklin (H H) Mfg com * Bid. Jan. 30. 2. Jan. Ask. Bid Fox Theatres class A com...* 75 200 2 1931. 290,800 9,700 YEAR 1931. Price NEW YORK In RANGE FOR PRICES IN JANUARY. AGGREGATE SALES January EXCHANGE CURB YORK 13 2X Oct. 6 24 X June 3 40 July 27 30 Feb. 26 40 July 27 42X June 24 Handley-Page Ltd Am dep rets partlc pref 1,600 60,800 Happiness Candy St cl A...* Harnischfeger Corp com * """ioo Hart Carter Co conv pref...* 13 4,200 Hartman Tobacco Co 200 35 1 X X 5-16 2X X 2X X 4 1 X 5 25 43 Feb. 11 Nov. 2 • 14 X 26 6 Dec. 30 * 100 Hazel-Atlas Glass Co Hazeltine 29,420 Corp 21,800 Helena Rubinstein com 1,400 Heyden Chemical Co... ""loo IX 26 X Sept. 23 6 X Dec. 30 7 5 .* 12 15 J 2) 5X 12 %■ X 20 6 6,700 Hires (Chas E) class A com..* 1,100 Holophane Co common.....» 300 19X 7,350 Horn (A C) Co com.........* 7% let preferred 50 700 3"250 10,800 Horn Ac Hardart com.......* 8 30*4 554 6** 1054 6X 21 Jan. 26 Jan. 7 8 16 "6",200 4,400 Huyler's Co of Del 7% preferred Hydro-Elec Secur * com * com.... 100 35 6*4 20 3554 IX 4X IX 40 27 X 26 "IX "ix 25*4 ~27X 3X 6 22*4 3 ~24~X Sale 1 3 1 36 50 33 6*4 Sale 3*4 Sale 8X 2 50 10X 1?* 2?* Illuminating Shares Co A..* "i",666 Jan. Amer dep rets ord shs reg £1 3,700 5,000 Imperial Tobacco of Can 5 16,125 Imp Tob of Gt Brit & Irel__£l IX Jan. 20 Jan. ^ IX Jan. 14 27 IX Jan. 20 Jan. 13 IX Jan. 14 29 5X Jan. 3X Jan. 9X Jan. 28 4 Jan. 11 Jan. 44 """165 10,328 400 2,200 3,900 """50 10,500 1,000 mm 12X Jan. * $6 2d pref with warrants.* Insurance Securities Co 10 Intercoast Trading Com.. ♦ Internat Products 5X 29 X 754 Sale IX 71 76 48 X 52 6 9 28 X — — — * com 13.000 454 Sale 2X 20 30 2 3X 7X 29 X 7 13X Jan. 12 Sleep Car & Trains Am dep Eur 3,500 200 500 Iron Fireman Mfg com v t c """800 49,200 Irving Air Chute Warrants. 4,000 "or footnotes sea o&x* 56 com Mar. 11 Jan. 28 9 Feb. 27 Apr. 30 X Nov. 2X Sept. 30 7 X Nov. 30 11*4 Dec. 11 22*4 July 6*4 8 6 4X Apr. 24 10 11 Jan. 85 7 19 23 9 Jan. 25 29 Jan. 6 15 40'" "55 ' 7 Jan. 11 31X Jan. 2X Jan. 6 Dec. 15 1 X Dec. 16 57 9 31 Feb. 20 49*4 Feb. 16 Mar. 21 63*4 Mar. 26 9*4 Feb. 26 854 Feb. 26 IX Jan. 8 5 Apr. 15 15 27 Jan. 15 33 Dec. 3 56 25 Jan. 13 30 Jan. 14 25 50 X Jan. X Jan. 29 7 X Jan. X Jan. 29 7 Dec. 11 Dec. 23 Dec. 15 7 16*4 Jan. 7 Sale IX Mar. 13 12 Jan. 20 Dec. 21 4 X Dec. 17 14 Dec. 30 18 35 Jan. 14 46 .... '"X "\x 30 30 10 4X 5 Sale 30 7 10 X 6 11 10 12 7 "7*4 Sale 3X 4 3 27 6 7-16 Sale X X 10 X 8 7-16 Jan. Jan. 6 Jan. 2 5 5 3X Jan. 6 10 11-16 Jan. 23 10*4 Jan. 21 6 Jan. 5 4 Jan. 8 May 20 2 30 28 July 7 354 Feb. 3 4*4 Mar. 31 4654 May 20 Sept. 23 1354 Feb. 10 2*4 Sale 354 4 30 rets ord 63,200 Interstate Equities com....* Conv preferred 40,000 11,100 Interstate Hosiery Mills.._.* 22 19 23 19 29 30 8 2 15 8 23 175 International Textbook..100 ""460 27 5X Dec. 15 2X Sept. 21 23 X Dec. 30 Jan. Jan. Jan. 17X Jan. 3X Jan. Exp br 200 Jan. 50*4 Feb. 16*4 Jan. Sale 6 B.• Inter i * 20 IX Dec. 17 4*4 Sale 12 Sale * Internat Safety Razor cl Dec. 28 27"" Jan" 6*4 6% preferred...........100 Internat Proprietaries A - Jan. 3 10*4 Mar.27 18 4 2 2 11 10 28*4 Jan. 4*4 Jan. 4X Dec. 29 10*4 Jan. 20 X Oct. 6 43*4 Mar. 100 Jan. 20 104 May 1 11 Feb. Feb. 32 X June 18 8 100 Insur Co of North Amer...10 10 mm 100 pref Steamship * 10,500 Internet Cigar Machinery..* 6,000 lnternat Holding & Invest..* 160 mm cum Insull Utility Investment Feb. Nov. i 849 Interlake 700 mm 7% 10 com ▼ t c 3 13 Apr. 29 Jan. 9 Jan. 44 425 India Tire & Rubber com...* Indus Finance * 30 X Dec. 30 Imperial Chem Industries Ltd 26,017 2,054 121,510 4,050 54,200 109.700 9,500 5 IX 60 43 23 5 Aug. 20 Dec. 15 25 2X 10 X ....100 Hygrade Food Prod com....* Hygrade Sylvania Corp 6*4 Jan. 21 14 Preferred .....100 Houdaille Hershey Corp— Convertible pref clA 3,200 .* 11,600 2,280 50,200 81,200 6,150 7X Jan. 14 470 "'ioo 4 6*4 Jan. 21 26 5 6 2X Jan. 7 May 14 2 10 X Dec. 16 900 Holt (Henry) & Co partic A 26 200 Hormel (Geo A) & Co com » ""500 Apr. 29 X Dec. 29 X X I 80 Hart Schaffner & Marx...100 5,550 IX Sept. 25 X Dec. 30 60 10 10 1 *4 4 20 29 July 15 Apr. X Dec. 9*4 Dec. 4*4 June 7 * 3X 4 Oct. 11 23 1 21 4 11 July 17 18 Apr. 15 4*4 Feb. 24 35 Mar. 17 7 Jan. 31 1554 Mar. 31 11 May 12 1*4 Mar. 25 NEW EXCHANGE CURB YOEK PRICES IN JANUARY. )AL Pric* NEW YORK Jan. CURB EXCHANGE Mot 2 1931. 331 INDUS are, & Misc (Con.) Par Jan. Ask. Bid. Lotoest. Highest Sale Prices. Sale Prices Jan. 30. 2. Ask. Ask. Bid. Bid. Isotta Fraschinl Go 1 American dep receipts... (acijer Machine Co com f<>ffer«on Elec. Co......... * * Johnson Motor Co JolniNon 10, 7 12X com 7? ""3 5, Klein (D Emit) Co common..* 4, Klein (Henry) pref 10 12K 16" I3H (J B) Rubber com..* Knott Corp common * 10 Jan. 5 2 Jan. 15 Jan. 15 15 4 Jan. 8 12 X 1 2 2 5 IX 5 6 11 15 4 Jan. 15 4X Jan. 5X Jan. 25 Jan. 20 IX Jan. 7 IX 3X 4 v 4 Jan. 4 4 4 Kobocker Stores com.......* Kolster IX 1 20 Klelnert IX IX Kellogg Switchb A Supply. 10 Ken Rad Tube & Lamp Corp * Kirsch Co pref .* ?: IX Jan. IX Jan. Publishing com..10 lonaaANeumburg Corp com * 13 Convertible pre# * Jan. 20 IX Jan. 7 4 9 Brandes Ltd— 1.46, i X Sale American shares.......... Koppers Gas A Coke Co— 4% cum pref 100 Kress (S H) & Co spec pf..l0 96 10 X 101 IX IX IX Sale 80 Jan. 19 8X Jan. 28 Jan. 22 IX Jan. X Jan. 12 4 10 Jan. 19 8X Jan. 14 24X Jan. 4 IX Jan. X Jan. 12 4 4X Jan. 14X Jan. 5 22 10 Jan. 27 4 Jan. 7 4 Jan. 7 10 Jan. 22 11 Jan. 20 9-16 Jan. Jan. 25 52 5 1 10 Kruskal & Kruskal com....* Lackawanna RR of N J—100 36, Lackawanna Secur......_..* 24 X 37 26 X 27 X 32 14 34X 22 21 29 32 L'Alr Liqulde— Am Dep rets series O bearer Lake Superior Corp .....* 1 10, 1 "T" Sale" Deposit receipts Lakey Foundry 8c Mach "lbI "3" .... * IX X • Land Co of Florida Lane Bryant Inc— 1% Pte( with warrant 100 Langendorf United Bakeries * Class B 20 20 * Class A 4 15 15 100 Lawrence Port Cement Lazarus (F 8c R) 6 X % pref Lee 100 (H D) Mercantile Co....* 12, 17, 75, 10, Lefcourt Realty com.... 4, 28, Ley (Fred 10 Liberty Baking Corp com...* 1, 5, * 8X 10 * 21H Sale 25 X Sale * 26 30 6^% pref with warrants I") A Co Inc......* 24 10 Sale it* 40 Preferred ....... Lehigh Coal 8c NaT Lerner Stores Corp com Llbby McNeil 8c Llbby 10H 7 5 5 II* 8 Sale 16 X Sale 9X 6X 14X 4X 14 3 4 Lindsay Light Co common. 10 Brothers ......... 25 Loew's Boston Theatres 134, IX Louisiana Land 8c Expl com Ludlow Valve 9-16 IX 56 Ludlow Mffl Associates.....* 116, 8 30 15 5 .,* Liberty Dairy Products Lit Jan. 16X Jan. 12X Jan. 55 55 3X 9X 7X J 60 54 65 X Jan. 13 28 52 Jan. 28 Jan. 4 5 Jan. 4 Jan. 13 36X Jan. X Jan. 15 5 3X Jan. X Jan. 19 2 27 * Mfg Co MacMarr Stores Inc com....* 8X SH Magnin (I) & Co com.......* 2, 2, 1, Mangel Stores Corp com....* 4H% pref with com purw.* 2X 5 X ..... 1 Manning Bowman 8c Co d A.* Class 13, X IX Sale 30 Manhattan Dearborn Corp«.* VI a pes ..* Steam Shovel com..* 5, Marlon 1, 8 42 Jan. 28 1 Jan. 11 3X Jan. X Jan. 28X Jan. 19 16 14 3-16 • B Cons Mfg Co IX Jan. 2X X Maryland Casualty........10 Masonlte Corp common ...» Massey•Harris Co Ltd com..* 64! Mavis Bottling Co of Am....* 32, Mayflower Associates Inc May Hosiery Mills, Inc— 2, 4, X * 40 42 25 44 pref with warrants..-.* 10 8 21 18X 4 t- McCord Radiator 8c Mfgr: i. * McGraw Electric Co...—..* McKee (A G) 8c Co class B Sale 29X X 26 X X 26 X Jan. 28 19 4X Jan. 28 4 Jan. 11 4X Jan. 10 14 5 Jan. 14 43X Jan. 5 54 Jan. 16 3 * McQuay Norris Mfg Co * McWiUiams Dredging Co...* 138, Mead Johnson A Co com....* Melville Shoe 1st pref 44 48 44 48 60 Sale 77 100 80 60 70 Mercantile Discount 1, 10, Class A conv Corp pref........* 23 14 21 15 Jan. 7 15 Jan. 7 65 80 65 * 3 5 3 80 8 5 Jan. 8 5 Jan. 8 100 7% preferred 1, 15 ...100 Mercantile Stores Co Vferch 8c Mfrs Sec com A 40 45 Mercurbank Vienna Am shs 14, Merrltt Chapman A Scott 31, 43, 39, Mesabi Iron. .* 15 X 2X 3X 1, 15, Mesta Machine Co common.5 Metal A Mining Shares Metal Textile Corp par 24 com.* pref.* Metropolitan Chain Stores..* 2 Sale X X Sale 3-16 X X Sale 2X 5 Jan. 27 18 2 27 36 18 11 X Jan. 7 X X Jan. X It ::::: * Common class B Jan. X Jan. 5 Jan. 28 X Met S-SCc Stores class A....* 10, 2 36 • Jan. X Jan. 14 <>X% preferred 8% preferred ..100 Mickelberry's Food Prod-...1 Midland Royalty 42 pref • Midland Steel Product— 24, $2 non cum div stock.. 8. 11X Midland United Co com.., 1, 14 Sale Conv pref series A...... ®: 3. 17 X 60 Miller (I) & Sons com ♦ Voehrlnger. 11 25 45 62 14X Sale 2 IX 3 60 * 2X Jan. 2X 11 2X Jan. 15 Jan. 12 64 Jan. 30 20 5 Jan. 20 5X Jan. 26 7 Jan. 14 13 Jan. 13 |3 Jan. 13 Jan. 11 3 Jan. "II 2X 2 Monroe Chemical Co com...* Sale Jan. 3 64 62 5 Minneap-Honeywell Reg pref Miss River Fuel Corp warr Mock Judson 7 14 Midvale Co 2 Montecatini Min A Agric— Amer dep receipts....... 17, 9X X Warrants 10 X Montgomery Ward A stock. 16, , 1. Moody's Invest Service pref.* 25 30 10 5X 10 Moore Corp Ltd com 7% preferred class A 7% preferred class B 100 100 5, Moore Drop Forgings cl A * 10 13 1 10 2, Morgan Lithograph Co com.* Morlson Elec Supply com.. Mtge Bank of Colom Am aha IX 12 15 10 3 Motor Finance Corp....... 3, 2. 3, 80, 79. Municipal Service Corp Murphy (G O Co com 5X • 4X Sale Preferred iatl Uuncservice <fat I Sale 1 Sale 1 2X Sale 3 1 40 • 2 Sale 9 2 5X Jan. IX Jan. 22 Jan. 2 3 Jan. 30 Jan. 4 21 Jan. 9 Jan. 2 9 Jan. 2 95 Jan. 7 96X Jan. 22 12 85 IX Sale Sale 28 Jan. 1 2X Jan. 4 4 .....100 Corp...* Jat Breweries Ltd com 19X Sale 20 19 "lo" Jat Cash Credit Assn com..* Preferred 22 * National Candy Co com....* 4,: 40 1 * Corp Bond 8c Share 7 5 4 National Aviation Corp.....* 3X 25 ilachman-Sprlngfilled Corp.* ■National American Co.... * National Baking com 2, 74, * ::::: 10 < 3* Jat ContalnerCorp— 2,; 6, 74,: 1.1 42 convertible pref.......* Jat Dairy Prod pref A Preferred -; 56. 30 100 latl Family Stores common.* gf 13 25j 9 94 2* Sale 12 Sale 98 8X 97 17 98 X 44 NEW YOEK NEW YOEK CURB EXCHANGE 12 Months 1931. Shares. Shares. 1,500 "~6~, 300 INDUS & MISC. (Con.) 6,600 3.700 218,300 1,400 1,100 Jan. Ask. K " 1 2 3H 45* Bale 10 7.200 National Leather 4,200 Nat Manufacture tc Stores...* * 16,940 Nat Rubber Mach com * 7.300 National Screen Service 1 74* 4* 14* Sale 28 3 12 100 Ask Sale Sale Prices Lowest. Prices 1-16 Bale 6 5 19 6 254* 4* 2 3 IS 4* 24* 154* 4* 14* 24* 124* 1 74* 24* 23 1-16 4* 2 24* 4* 2 19 16 Jaii" "20 24* Jan. 5 4* 4 4* 2 4* Jan. 14 14 4* Jan. 4 6 3J* Jan. 2 5 14* 24* Jan. 154* Jan. "l",100 14,000 6% preferred 38,500 National Service Cos 6 4 18 352,500 Nat Short Term Sec A 15 4* 500 2,800 100 1,850 National Steel Car Ltd 3,737 Nat Steel Corp war rants. 37,900 National Sugar Refg 100 284* Sale' conv 22 1 4 20 22 A 27 14* Jan. Jan. 19 234* Jan. 24* Jan. 25 14* Jan. 19 24* Jan. 12 5 19 4* Jan. 23 5 I Jan. 4* Jan. 22 4* Jan. IK 4H '4* class A.......*. UH 11 10 4* Jan. Sale" 24* 3 14* 12 24* Jan. 20 24* Jan. 200 700 44.600 New Mexico A Aris Land 200 200 700 2",300 200 1 1 12,800 Newport Industries Inc 3,500 New Process Co common 5,400 N Y Auction class A com.. 7,600 New York Hamburg Corp. .50 3,550 Dec. 20 4 15 12 Nov. 28 pref 100 7,100 Nelson (Herman) Corp 5 5.200 Neptune Meter class A * * 1,200 Nestle Le Mur Cocl A 25 New Amsterdam Casualty. 10 * 19,128 Mewberry (J J) Co com Preferred 100 1.250 400 New Engl Equity Corp com..* * 5,800 New Haven Clock Co com 200 16 May 23 4 4* Dec. Nov. 1st preferred 850 5.070 Nelsner Bros 7% 200 „ s y* 4* 4* 4 N Y Merchandise Co * 32 15 194* 1H 204* "244* 945* 2 2 4* Jan. 14 5 Nov. 17 11 Jan. 15 11 Dec. 23 1 Jan. 15 1 Jan. 15 18 Jan. 4 194* Jan. 22 174* 164* Jan. 9 17 Jan. 4 Jan. 20 2 Jan. 20 4* Jan. 6 2 18 19 17 164* 87 87 ..... 15"" 20 12 "74* ""§"" 6 15 12 2 4* 15 23 13 15 »K 12 11 25* Dec. 30 54* Jan. 11 Jan. 22 6 54* 11 3 14* 4* 4* 22 24* '8 Sale 26 4* 10 294* -14* 64* 11 9 124* 7 Sale 14* 3 1 Feb. 4 24 Feb. 21 5 Feb. 10 344* Dec. 21 34* Mar. 25 22 June 27 314* Mar. 16 42 Feb. 24 13 Feb. 17 344* Mar. 11 54* Apr. 28 Jan. 1 27 54* Feb. 24 Jan. k Feb. 19 28 Mar. 17 Jan. 2 Jan. 22 Jan. 1* 17 10 74 80 17 23 Mar. 4 Mar. 9- Feb. 24* Feb. 26 14* Dec. 28 z264* July 21 *26 4* July 21 164* Dec. 10 264* Mar. 11 Dec. 15 99 80 May 23 19 Sept. 14 244* Apr. 18 Dec. 14 2 134* Jan. 22 3 14* 64* 14* Jan. 19 19 13 9 8 Feb. Sept. 29 6 Oct. 2 Nov. 23 34* Dec. 17 Oct. 9 44* Jan. 24* Jan. Jan. 3 J* Jan. 3 2 13 3 2 2 Mar. 27 104* Mar. 1975* Feb. 27 50 ..Tan. 20 4* Dec. 16- 75* Feb. 7 54* Feb. 26 4* Nov. 30 • com 23 27 24 21 16 19 14* Dec. 11 254* Nov. 12 74* Oct. 30 1 M Oct. 29 224* Dec. 18 4 4* May 26 1 Jan. 27 22 si* * Oct. 1 27 20 6 1 * ....... 9.200 NehlCorp 24* Jan. "364* Union Radio com.* 4,700 Nauhelm Pharmacies Inc Preferred 1,700 1.400 Nebel (Oscar) Inc com.. 200 Neet Inc "166 354* ... ....♦ 400 National Tile Co common...* 61,400 National Sale 14* 21 * * 100 Nat Trade Journal Inc.. "l~,206 14* 14* Sale 13-16 Jan. 4* Jan. 14* Jan. * 300 National Standard Co... 15 4* Dec. Oct. Dec. Nov. Dec. Sept. Aug. Oct. Oct. Nov. 14* 19 344* Dec. 21 100 com Highest. Sale Prices. 4* 14* 14* 64* 4* 4* Jan. 24* Jan. 850 Nat Secur Investment com„_l 200 1931. Sale Prices. Highest Lowest. Jan. 30. 2. Ask. Bid Bid 11-16 Jan" " • * com preferred Warrants 200 Bid. * Class A with warrants 525 """400 Par. National Food Prod cl B National Investors YEAR Price Jan. 2 1931. January RANGE FOR PRICES IN JANUARY. AGGREGATE SALES. In EXCHANGE CURB 124* 17 14* Dec. 15 64* Dec. 22 74* Dec. 30 4* Feb. 3 10 294* Mar. 16 134* Sept. 14 N Y Shipbuilding Co 5,300 32",200 "2",900 29,650 Founders 2 shares 500 N Y Transportation .10 173,570 Niagara Share Corp (Md)_.10 1,750 55,700 24* 7 Sale 24* 24* Jan. Jan. 2 Sale 24* Sale 24* Jan. 4 13 14* Oct. 184* Oct. * com 9 74* 194* Sale 84* 74* 64* Jan. "28 1 5 Dec. 29 2 1-16 Dec. Stock purchase warrants NIIes-Bement-Pond 29 34* Jan. 17 6 10 "84* Jan; "7 64* Sept. 21 4* Jan. 34* Jan. 4* Jan. 12 1-16 Dec. 29 3 Dec. 30 1-16 Dec. 29 23 74* June Sept. 21 8 1 114* Mar. 10 1 Jan. 14 224* Jan. 9 Nitrate Corp of Chile... 14,200 2,200 3,200 87,700 44,100 98,600 (Cosach) Ctfs for ord b 4* Jan. shs Noma Eiec Corp com 5 "24* "34* Sale Jan. 29 1-16 Jan. 34* 54* » Nordon Corp Ltd com 4 12 274* Jan. 14* Jan. 54* Jan. 23 25 26 274* Jan. 14* Jan. 64* Jan. 3 8 15 14* July 16 64* Mar. 17 4* Mar. 2 Nor Amer Aviation Inc— 100 300 200 "200 325 283,400 Option warrants series A-. • 1,600 North American Cement 7,300 Northam Warren Corp pref.* 15,300 North & South Amer Corp A* 4,400 NorthwestEngineering.... .* 100 1,965 Northwestern Yeast Co * 24,200 Novadel Agene com...... 2,150 Ohio Brass class B. 110 H Sale 33 • 26 10 14* 134* 5 30 26 9 24* 64* 274* IK - — y, 5 9 14* Dec. Dec. Nov. Dec. 32 374* 35 Jan. 28 36 Jan. 15 12 12 Jan. 20 134* Jan. 16 xll 94 40 404* 36 41J* 110 40 Dec. 30 70 Feb. 24 June 26 1064* Mar. 19 105 100 24* Mar. 21 14* Apr. 27 Feb. 27 11 4* Feb. 20 17 2 184* Mar. 6 5150 Apr. 15 18 514* Feb. 24 4* Nov. 17 5* Dec. 29 Dec. 2 4 106 31 11 12 * 6% preferred 20 Ollstocks Ltd— 300 Class A without warr..—* 29,000 Class B without warr * 6,900 1,600 Oliver Farm Equip new com.* 100 Oliver United Filters A 100 500 300 44* Sale 7 Jan. 1 14* 4* 12 Jan. 1 12 4 2 * 24* Sale 44* 44* 24* Sale 2 24* 21 21 1 24* 1 4* 5 * 27,600 Outboard Motors cl B com..* Class A conv pref.. ._.* 19.025 • 48,593 Overseas Securities Co I,000 Ovington Bros partlc pref..* 4* 2 4* —- 14* 4* 4* Jan. 13 2 Janf 6 4* Jan. 5 4* Jan. 24* Jan. 4* Jan. 13 13 5 76,900 69,300 500 22,620 .* Pan American Airways Paramount Motors Corp * June 2 Dec. 23 7 300 Pacific Finance Corp com..10 1,100 1,500 4* Dec. 29 Doc. 21 Jan. 28 7 Dec. 9 6 Sept. 9 4 Sept. 29 4* Doc. 15 14* Dec. 31 4* Dec. 19 1 May 4 1 4 * 100 Ontario Mfg Co common 400 Orange Crush Co 3 5* 24* 24* 144* 34* 104* 34* 13 144* 34* 34* 144* Jan. 34* Jan. 124* Jan. 34* Jan. 20 8 11 24* Apr. 2 Mar. 10 5 4 4* Mar. 54* Jan. 7 Dec. 6 Sept. Conv 200 Parker Pen 1,556 125 50 500 56,168 400 18 * partlc pref 7 8 34* Jan. 12 6 * 26 19 Jan. 13 184* Dec. July 10 Jan. 5 43 Jan. 14 34 Dec. 14 184* Jan. 13 17 Dec. 15 Jan. 29 15 Jan. 29 154* Dec. 3 Jan. 22 34* Jan. 34* Jan. 37 Jan. 22 15 25 9 34* 35 194* Sale 10 4 64* Sale 18 15 6 34* 24* Sale '75 18 5 15 2 Feb. Jan. 14 Sale 34* 24* Jan. 37 Jan. 4 25 300 Penn Traffic Co ..........2 " 160 50 2,100 100 4 334* Jan. 21 * 114,000 Ferryman Electric Co 130 Pet Milk 7% pref.. 100 437,300 Philip Mor'a Cona Inc com..* Class A 25 6,400 200 Philippe (Louis) cl A com—* Class B common * 7,000 * 132.514 Phoenix Securities Corp Conv preferred A. '-* 44,300 5 4* 10 104* 14* 14* 10 19 14* Jan. 154* Jan. ihH 5 8 Jan. 9 154* Jan. 8 2 14* 9 7-16 10* 14' 100 16,000 * 4,300 424,800 Pilot Radio 6c Tube class A.* 4,500 5 14,600 Pines Winterfront 109,785 Pitnev Bowes Postage Meter* Pierce Governor Co. . 10* 24 10 Sale 134* 1-16 Jan. 10 Jan. 30 7 20 7 24* Jan. 14* 3 24* 3 14* 24* 24* 24* 24* 3 24* 14* Jan. 24* Jan. 4 7 14* Jan. 34* Jan. 4 14 1,100 1,900 ""300 ""266 RR 6 Sale Jan. 20 24* Jan. 13 2 2* Dec. Oct. Aug. 2 Dec. 300 Pressed Metal of Am 400 Price Bros Co Ltd Propper 5,400 com com McCallum Mill; Co com 3,900 300 200 74* 9 1004* 1014* 2 8 32 8 38 1 14* 3 3 74* 1 14* 4* 1 5 '364* ~40' 22 33 Jan. 4 "184* 17 Jan. 5 4* 14* 1 Jan. 18 Is Jan. 6 474* Jan. 184* Jan. 14* Jan. 20 8 20 1 2 154* 16 Jan. 5 50 40 54* Sale 644* 4* Sale 60 Sale 44* 594* 24* Sale 7 5 614* Sale 1-16 Sale 24* 24* 4 Jan. 54* Jan. 624* Jan. 4* Jan. 594* Jan. 4* Jan. 24* Jan. 2 14 16 Jan. 12 6 1-16 Jan. "24* ""3" 3-32 Jan. 5 24* Jan. 24* Jan. 27 800 200 May 15 Dec. 18 595* Dec. 29 4* Dec. 15 2 Dec. 7 1-16 Dec. 5 1 Dec. 4 * 87 110 •490 5.200 4* Dec. 30 May 28 65 3 6% preferred.. ....100 9,800 Q R S De Vry Corp com * 7,400 Radio Products com Railroad Shares Corp com..* 18,200 12,605 Ry & Utility Inv Corp cl A.10 32,900 Rainbow Luminous Prod A_* Common class B A. * 27,200 904 Quaker Oats com.... For footnotes see page 56 2 2 1 2 14* 14* 24* 14* 1 Sale 24* 4* 4* ' * 8 Jan. 14 3 Jan. 22 14* Jan. 11 14* Jan. 14 1 3 34* Sale 25 6 Dec. 7 11 1 Jan. 11 Jan. Mar. 26 Feb. 24 7 9 Dec. 24 Dec. 15 424* Jan. 28 July 14 64* Mar. 17 xG8 5 Dec. Dec. Dec. 4 ' 95 84* Sale Jan. Jan. 31 33 4* 2 4* * .... 5 10 il34* Apr. 14 109 Apr. 16 Dec. 14 3 26 * 196,700 Prudential Investors com—* 9,350 (6 preferred 304,200 Pub Utll Holdg without war * Cumulative preferred...-* 35,420 Warrants 583,055 II,500 Pyrene Mfg 10 Sept. o32 Dec. 17 Dec. 57 Sept. 4* Dec. 1 194* 100 * 100 Feb. 4 64* Feb. 234* Apr. 14 6 224* Apr. Mar. 24 10 0145* Dec. 15 19 Dec. 15 3 164* Hosiery ... 100 Prosperity Co common B 410 Prudence Co 7% pref 15,500 1,000 13,000 25 50 6% preferred ,v* 4,300 Pittsburgh Forgings 50 14,040 Pitts & Lake Erie RR 23,350 Pittsburgh Plate Glass com 25 20 Plymouth Cordage Co 100 65,111 Polymet Mfg Corp com...—* 6.600 Potrero Sugar common.....* * 5.400 Powdrell & Alexander * 11,900 Pratt 8c Lambert Mar. 264* July 394* Mar. Dec. 24 x50 13 Sale 21 Pitts Bessemer & Lake Erie 50 9 Mar. 26 24* Mar. 25 Apr. 27 40 Aug. 26 24j 18 104* Dec. *50 44* 3 80 Jan. 13 03-16 Dec. Jan. 10 27 4 30 July 28: 4 Apr. 6 Mar. 5 May 22 100 Jan. 34* Aug. 15 20 4* Sept. 11 Jan. 244* Apr. 11 Apr. 4* Jan. 13 —100 7% preferred Feb. Jan. 79 Apr. 25 88 23,600 Pie Bakeries of America A..* 20 28 Nov. 14 4* Oct. 90 "4* Sale" Dec. Dec. 15 294* 3 Mar. 24 105* Apr. 14 84* Feb. 13 May 14* Feb. 25 .* 25 300 Perfection Stove Co 8,800 314* Jan. ...100 2,480 Pepperell Mfg Co 2.600 Perfect Circle Co dH 16 24 22 304* Apr. 14 64* Sept. 19 30 Nov. 3 Feb. 6 2 134* 304* 124* 1094* 284* Mar. 8 184* Jan. 164* Jan. 16' 10 com * 111,700 Parker Rust-Proof com 3,775 Patterson Sargent Co com..* 4,250 Pender (D) Groc Co cl A • Class B * 5,900 * 909,155 Pennroad Corp com v t c 800 Pennsylvania Salt Mfg 50 18 Sale 5 19 * Parke Davis 6c Co.. 9 Oct. 22 Parke, Austin & Lipscomb— 900 7 9 Sept. 2 404* Apr. 27 Nov. 5 10 Dec. 17 26 5 Feb. 7 4 May 28 914* Feb. 9 14 Mar. 21 91 Apr. 15 Feb. 3 Feb. 9 Jan. 26 Mar. 25 74* 364* 14* 74* Dec. 21 165 Nov. 14 120 6 4* May 28 24* 5* Dec. 22 45* 4* Dec. 15 55* 4* Dec. 31 >4* Nov. 24 1-16 Dec. 3 Feb. 21 Mar. 21 Mar. 27 Jan. 19 Mar. 2 Mar. 16 4 Jan. 3 2 Jan. 3 NEW Shares. 12 Months 1931. Jan. CURB EXCHANGE Shares. In INDUS. & MISC. (Con.} 2. Jan. 1931. Ask Bid. Bid. Lowest. Ask Bid. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. 300 "6,800 * 18 5 14 * 1034 334 "2H Sale" * 46,600 Class B 22,700 r 53,750 Reliance Management "4,166 IX Jan. 15X Jan, * Reliance Internat com A.... Sale Jan. 2 2 1 34 4 27 5 2 IX Jan. 3 " X *3""" Sale" IX Jan. 1534 Jan. 3X Jan. Vs Jan. 2 "X 934 27 5 Sale X 8/1 m 1 ""X ""x IX Jan!" 2 Jan. 400 Rellsfnce Mfg (111) 10 100 Kepettl Inc.. 5 ........* 405,400 Republic Gas Co 128,100 Reybarn Co., Inc.........10 * 180,450 Reynolds Investing com 500 Rlce-Stix Dry Goods com.. 29.900 4.000 17,900 1,790 Bros Co Rlchman Richmond * Rike-Kutnler Co 3 5 ...» com 20 22 200 Rogers Majestic Corp A 300 2 IX 17 X X IX 2 12V2 40" 50 275 26 Jan. 15 18 1 X X 33 34X IX Jan. 8 234 Jan. 9,700 Schiff Co com.. 1,600 Schlatter Ac Zand Cum conv pref 1,800 .....* com v t IX Jan. |21 X Jan. 4 IX Jan. Vs Jan. 5 34J4 Jan. 21 Jan. 3 16 3 Jan. 16 200 Scot ten Dillon Co. 2,150 52,050 2,200 89 80 8 398,600 20,100 800 1,400 4,900 26,500 465,000 14,300 4,300 414,000 65,600 16,582 53,200 200 10 ... Scoville Mfg Co 25 Seaboard Utll Shares, com..* 14", 700 7,000 """750 Non voting Bros * common Sale' 15 3% 25 5 21X Jan. 22 "3 34Jan" ""4 4 X Jan. 15 14X Jan. 28 1634 Jan. 29 IX Jan. 26 18X Jan. ~3X "3X Sale 20 13 X 19 13 20 "334 Sale" 3 Vs 1834 IX 134"Jan;26 13 X Sale 1 IX IX 7 17 33 34 2134 36 Segal Lock Ac Hardware com * 4 Sale Sale 634 10 Sale 5 2534 29 Sale 4 34 Selby Shoe Co ♦ com Selected Industries * com Allot certlfs full paid Allot ctfs full paid 2] 45 J Sale Sale IX Jan. 1 7 134 Jan. 25 734 Jan. 19 "334 "4"' 7X 10 27X IX 3X 28 X 1H 4X 634 Jan. 634 Jan. 25 Jan. 5 5 10 Jan. 2 7 29 Jan. 14 IX Jan. 11 2 Jan. 12 4 26 4 Jan. 26 Jan. » dep rets ord shares. .£1 * 239,950 Sentry Safety Control 25,025 Service Stations Ltd class A1* • 5.352 Seton Learher com 3,900 Sheaffer (W A) Pen com r 174.956 Shenandoah Corp com • 6% conv preference.. 50 133,415 4,100 Sherwin-Williams Co com. .25 12,700 Sale 1 30 X Sale Sale 1 32 X Sale X Jan. 2834 Jan. 4 4 134 Jan. 3434 Jan. Jan. 4 35 Jan. Vs Jan. 21 1 Jan. 30 4534 Sale ""200 100 3,255 1,200 350 210 490 100 Preferred 1034 434 334 534 Dec. 17 38 3134 Sept. 30 42 June 17 Jan. 21 Mar. 3 Feb. 24 Jan. 27 Mar. 17 Apr. 3 Dec. 15 Feb. 5 2", 200 23 1534 Dec. 18 Dec. 31 Dec 034 42 8H 47 334 Sale X Sale IX X 22 2 4 2 3 2 Jan. 27 2 Jan. 27 20 25 20 22 20 Jan. 20 20 Jan. 20 IX Jan. 5 2 Jan. IX 2 SX Sale IX Sale 8 8X Sale Jan. 5 3234 Jan. 9934 Jan. 30 23 8 3-16 Jan. IX IX IX Sale 1 Jan. 834 Jan. 3434 Jan. Jan. 13 100 3-16 Jan. 18 134 Jan. Jan. 9 634 Apr. 23 June 22 4 7 4834 Feb. 2534 Jan. 5 19 9034 Jan. 26 17 Mar. 13 21 2134 Mar. 6 10734 Mar. 5 11034 Mar. 5 29 Apr. 24 30 Apr. 24 Dec. 18 2134 Aug. 13 6 3 Vs Jan. IX Jan. 14 Jan. 2 3 Jan. 13 June 13 June 13 10 7 Sept. 29 334 Jan. 234 9 15 July 1 Dec. 29 Dec. 1 534 634 23 34 134 334 34 2434 5334 2534 Dec. Dec. Dec. Dec. Dec. Dec. Dec. Dec. Jan. Dec. R 6 19 18 15 325 Silver (Isaac) 8c Bros pref.100 1 Jan. 2 3 Jan. 5 26 37 34 Mar. 20 534 Feb. 26 17 Jan. 18 17 Feb. 22 3034 Feb. 26 3734 Mar. 23 17 17 17 24 Mar. 26 29 1034 May 11 Feb. 11 434 Feb. 27 Mar. 2 7034 Mar. 2 71 Mar. 4 70 15 15 16 12 7 16 9 17 15 34 Dec. 34 Sept. Jan. 3 Dec. 21 Dec. 134 Dec. 8 Dec. 34 34 Dec. 10234 Dec. 34 Aug. 4 July Vs Dec. 55 Sept. 23 11 Apr. 21 Feb. 21 12 7134 Feb. 27 Dec. 14 10 33 6,200 Signature Hosiery com vtc..» Convertible preferred 1,400 ..* 82,864 Silica Gel Corp com v t c...* " X 134 Sale 100 A \ series X Sale 2 29 3 June 8 34 stpd 1554 prior stock Am 13 Jan. 5 26 Selfrldge Prov Stores Ltd— 6,200 1H July 2 1-16 Oct. 1-16 Oct. • ... 7334 Mar. 18 18 17 31 23 31 17 18 334 24 27 Nov. 17 Dec. June Dec. Dec. Dec. 13 234 Sale 10 Feb. 1 X Jan. 5 5 il* 1X 3»4 Sale 1 Seiberling Rubber com 5 13H Apr. IS Dec. 1 olO 14X • stock Securities Corp Gen'l com..* Seeman 28 934 Dec. 24 12 19 1134 Securities Allied Corp— 4,700 1-16 Dec. 48 c__* _...* 200 Schoeneman (J) Inc com ,.* ..* 14,500 Schulte Real Estate Co 62,600 Schuite-United 5c Ac $1 Sts..* 8,200 7% conv pref 100 100 30 9 18 16 29 26 13 17 11 Apr. 2 1434 Mar. 21 Apr. 20 9X Jan. 10 1 July 9 6 Feb. 26 134 Feb. 10 734 Feb. 9 734 Jan. 26 X Jan. 13 1434 1034 o34 34 34 28 50 Sanford Mills Co common..* 600 27 4 Russeks Fifth Ave Inc......* 200 Russell Mfg 100 2,500 Ryeraon (Jos T) Ac Son Inc..* 810,200 14 Dec. Oct. Dec. Jan. Jan. Dec. Dec. 34 34 134 7 34 34 34 34 Oct. 33X Jan. 36 33 42 4 34 Dec. 14 29 Dec. 30 dep rets for ord reg..£l 5,175 Safety Car Hearing Ac Ltg.100 4,100 St Lawrence Paper 6% pf.100 St Regis Paper Co.. .....10 100 7% cum pref 100 3l",306 Vs Jan. 3-16 Jan. 14 19 14 634 1% 4,000 ' 4 30X 1 2X 17 18 6 Inv Tr Rubber Plantation Am X IX 1234 Sale Sale ... 100 v 34 Jan. Vs Jan. 1-16 Jan. * 1,100 Rolls Royce of Amer pref. 100 * 23,100 Roosevelt Field Inc * 110,982 Rossla Internat Corp 8,000 Royal Typewriter common._• 100 15,000 Ruberoid Co "266 Sale Sale X 27 * 7% preferred 7,314 6,000 1,600 X X X Sale Sale ...... 3,500 300 Vs X 234 Sale 2 34 Dec. 1 July Radiator Common 2,900 Jan. Vs Dec. 1334 Dec. 40 * 100 Reliance Bronze & Steel 100 1931. Sale Prices. Jan. 30. 2.' Ask Raymond Concrete Pile S3 cum con* pref 600 8,820 Raytheon Mfg, com v t c 2,700 Reeves (Daniel) com....... 6,200 Reliable Stores com ""300 YEAR Price NEW YORK January RANGE FOR PRICES IN JANUARY. AGGREGATE SALES y 45 EXCHANGE CURB YORK 11 15 29 15 30 30 234 Jan. 3?M Feb. Jan. Apr. 16 Jan. 28 834 Mar. 25 Feb. 25 36 6634 Mar. 27 15 42 31 3 108 Apr. 20 134 Feb. 7 18 10 28 6 Simmons Boardman Pub Co conv pref 1,600 9,325 Singer Mfg 300 350 * Am 1,200 Sale dep rets ord reg shs Preferred 40 12234 125 12234 Jan. Nov. 28 Jan. 30 134 Jan. 11434 Dec. 2 Jan. 134 Dec. 10 434 5 Oct. 1 1134 33 Dec. 18 192 10834 Jan. 28 10934 9 18 34334 Feb. 17 £1 8,600 7,050 Sisto Financial Corp 10,790 Smith (A O) Corp com.. 450 1,490 118 100 Singer Mfg Ltd 9 18 __* • lM Safe 9 5 7 5 Sale 40 42 X 43 X 134 Jan. 534 Jan. 3934 Jan. 13 9 7 534 Jan. 59 Jan. ..100 Feb. 11 Mar. 31 Mar, Dec: Smith 600 5,775 11,700 10,500 (L C) at Corona Typewriter v t c Snla Viscosa Ltd 300 ""500 Interim "4,406 * Southern Corp com 12,800 Southwest Dairy Prod com.* 700 Sale 2 South American Air Lines * 200 Southern Grocery Stores * 100 Southern Stores Corp cl A._* 200 8 19 2 234 Jan. IX Jan. 14 22 ...... Snider Packing new w 1 28,500 63,500 Jan. 134 Jan. 2X 4X • 120 lire rets 7% pref with warrants. 100 134 234 IX 334 1 2 10 IX "ill "ix X 1834 Mar. 9 1X Jan. 8 134 Mar. 14 34 Oct. 22 X Dec. 29 134 Mar. 30 1 Jan. 6 1-16 Dec. 30 234 Jan. 3 434 Feb. 25 Jan. 4 2 Jan. 30 134 Jan. "18 "134 Jan" X Jan. 28 X Jan. Vs 334 Dec. 22 1 Dec. 28 134 Mar. 12 28 134 Mar. 30 1 Jan. 6 234 Mar. 734 May 25, Sale X Dec. 12 34 Dec. 23 Jan. 8 Feb. 17 dep rets ord bearer shs. X Am dep rets ord reg shs 20,500 31,226 Spiegel. May Ac Stern OH Pf 100 1,300 Stahl-Meyer Inc com • 200 X 700 900 500 Am X 14 X 21 19 15 26 Vs Jan. 34 Jan. Sale 30 Jan. 13 34 Jan. 34 Jan. 2534 Jan. 11 11 28 "15~ UX "32" Standard Cap Ac Seal Corp * 400 Standard Dredging common * 400 400 1 3,400 4,000 1,900 ""300 Convertible 33,700 52,225 Starrett (The) Corp * com.. <»% cum pref.. 150 Steel Co of Canada ord 6,560 1,450 4,000 50 Stein (A)Ac Co com • Preferred 100 Stein Cosmetics Inc com * 36 Sale 34 X 1 934 Sale Sale 20 34 Vs IX 34 H Sale 2X 34 234 '"34 Vs Sale 534 Jan. 34 Jan. H Jan. 234 Jan. Jan. 27 18 14 Jan. 14 22 Vs Jan. 2Vs Jan. 2 21 l\x 'Wx "Jx ~10X 80 90 95 85 3H 4 1 734 10 734 Jan. 7 834 Jan" 11 90 80 X IX 134 • 600 Sterchl Bros Stores "34 "234 ..._..* 50 Stern Bros class A. 300 2 534 • 400 Steinlte Radio 75 33 preferred ._..* 1,950 Standard Holding class A * 4,090 Standard Invest $534 pref. 37,600 Standard Mot Constr.. ♦ 100 1,275 Standard Screw.... Stetson Stinnes (Hugo) Corn .* "34 "lx 234 Jan. 7 X Jan. 8 (John B) Co com...* 23 834 Jan. 1 Jan. 29 15 Storkline Furniture Corp Convertible preferred...25 2,300 ""345 1,600 83,200 Strauss (Nathan) inc com 76,000 Strauss-Roth Stores com 4,800 Stromb-Carlson Tel Mfg 4,545 Stroock (S) At Co * 4 * 6 • 16 • 734 534 534 19 934 34 Jan. 9 334 30 4Vs 9 334 34 Jan. 20 20 120,900 Stutz Motor Car Warrants 9,600 Co 434 334 Jan. 5 434 Jan. 5 • 18X Sale 1134 Sale 1234 Sale 11 Jan. 5 1334 JanT"I§ 900 20",073 9,100 1,100 1,100 400 16,635 12,610 Sun Investing Co • com $3 conv pref ...._* 100 Super Maid Corp common...* 127,028 Swift Ac Co 111,700 Swift International 17,800 Syrac Wash Mach B 33,900 Taggart Corp com 600,Tastyeast class A l,00QiTavlor Milling Corp For footuotes see page 56 25 ....15 SK 4K IX 2 2034 Sale 134 Jan" 2034 Jan. 12 30 Sale 1734 Jan. 5 Jan. 29 Sale 22 28 34 Sale 18 Sale 18 36 Sale 2034 2X Sale 3 1934 Sale 334 Sale "2754 3* * 354 13 H * 134 2434 36 434 ... mm 5 17 2 21 3 34 334 20 234 Jan. 934 Dec. 134 Oct. 2 2 Dec. 7 Apr. 22 1-16 Sept. 11 1-16 Dec. 30 Jan. 6 Jan. Jan. Feb* Nov. Feb. Aug. Mar. 34 Mar. 1234 2534 2334 1734 90 X 1134 3 10 7 11 7 27 24 21 28 Mar. 26 Dec. 24 Apr. 27 634 Mar. 26 33 30 9 Dec. 7 1634 Apr. 16 1 2 Mar. 27 834 Dec. 21 28 Mar. 11 8 9 334 Jan. 34 Jan. Mar. 18 Jan. 5 95 15 1834 Jan. 2434 Jan. 3 Apir. 23 1 14 17 334 Dec. 15 1 25 12 56 6 3 Dec. July 15 23 21 7 11 Apr. 1134 Mar. 19 234 Jan. 34 Jan. Feb. July 31 1834 Mar. 17 89 Jan. 9 3134 Mar. 21 4 July 8 5 June 4 Mar. Jan. 18 234 Jan. Apr. 16 16 Jan. 24 8 16 4 24 1-32 Dec. * com 0 14 1234 Oct. 3 4 May 25 _.* 100 Sundstrand Mach Tool com.* 2,200 15 Feb. Dec. 5 ........ 800 Sullivan Machine Co 10 8 10 300 Struthers Wells Titusville..* 6", 400 Vs Dec. 1 Dec. 1534 Oct. 834 Dec. 85 Oct. 1 Dec. 34 Feb. 11 20 20 8 8 16 25 30 15 9 650 Stix Baer Ac Fuller Co com.-* Oct. 334 Oct. 5 May 4 Nov. 34 Dec. 30 Dec. 2 33 * 3,150 4,400 13 634 Dec. 12 8834 Jan. 9 26 June 12 100 Staley (A E) Mfg 7% pref..100 1,000 7 26 39 Spanish Ac General Corp Ltd Dec. 21 Dec. 28 334 May 5 1434 Dec. 11 1834 Dec. 11 2 X Dec. 30 134 Dec. 17 34 Dec. 30 934 Sept. 16 10 6 434 Mar. 21 2234 Feb. 28 4 May 25 8 Mar. 19 4034 Mar. 2 334 May 5 3034 Jan. 5 4034 Apr. 14 Mar. 7 1834 Mar. 6 8 1 Dec. 31 2134 Feb. 26 46 NEW YOEK CURB EXCHANGE I AGGREGATE SALES. In PRICES IN JANUARY. NEW YORK CURB EXCHANGE 12 Months January. 1931. Shares. Shares. 4,800 1931. INDUS. & MISCEL. (Concl.) 196,250 Technicolor Inc 100 * common 500 Tenn Products Corp com...* Corp 1 Thermoid Co 7% cony pf. 100 200 Thew Shovel Co Bid. 7 5* Ask Sale 55* 95* 25* Sale 2. Jan. Bid. Jan. 30. Ask. Bid. A* xM Sale 2 Ask. ?* Lowest. 37,000 100 Lowest. Prices 15* Jan. 4 400 2 2 Jan. TobaccoOc Allied Stocks....* 255* 29 Tobacco Prod Exports 16 * new w 215* 8 i. % Am dep rets ord reft shs..£l Am dep rets def reft 5 sh 12,300 Todd Shipyards Corp 19 Jan. 28 5* Jan. 5* Jan. 13 2 85* Jan. 22 i* a Sale ♦ T ranscontinental Air 171,500 Transp* 185* Apr. 22 55* 15* 155* 15 55* 18 155* 25* 25* 25* 14 13 11 145* Oct. 6 5* June 3 5* Dec. 10 395* Apr. 14 15* Jan. 23 1 Dec. 2 46J* I* 13 20 17 Jan. 22 85* Jan. 22 May 4 May 155* Dec. 20 Apr. 145* July 22 45* July 22 50 Feb. 27 20 Apr. 27 42 Jan. 24 85* Apr. 23 5* Dec. 12 Jan. 14 25* Jan. 6 35* Jan. 10 35* Sale 35* 12 18 18 24 27 Dec. 17 8 18 15* Dec. 28 5* Dec. 12 Screen 8,600 3,600 9,700 Class A common 654,350 • 108,200 Trl-Continental Corp Warr.. 86.200 Tri-UtiUties Corp com * 1,200 Am rets for ord. shs. reft.. 6,400 >4,290 Trum Pork Stores Inc •..* 900 7 Sale 15* 27 5* Sale 3-16 125* 13 105* Sale 15* 2 15* Dec. 29 15* Jan. 2 25* Jan. 13-16 Jan. 4 1 Jan. 13-16 Dec. 30 5* 5-16 5* Jan. 7 5* Jan. 5* Nov. 25 5* Oct. 1 135* Mar. 27 65* Mar. 24 295* Mar. 10 2 Sept 16 55* 16 45* Jan. 23 55* Jan. 45* Dec. 11 85* Feb. 21 105* 5* $3 pref with privilege Triplex Safety Glass Ltd— 5 16 21 Common B v t c 179,750 16,100 Tung Sol Lamp Wks com...* 100 1.200 100 $3 cum conv pref 1035* Feb. V*- fj* * 66,125 Ungerleider Financial Corp.* * 22,720 Union Amer Invest com 21] 14] 23 325* 15* 35* 155* 2 5 20 20 24 75* 25* 25* Jan. 2 25* Jan. 55* Jan. 35* Jan. 20 19 24 95* 16 24 41.300 Union Tobacco Co 1,400 13,100 ""266 2,100 24"I6O 300 United Carr Fastener com..* 1,400 United Chemicals Inc com..* 28,800 $3 cum partic pref * 96.070 United Dry Docks com * 600 United Enftlneerlnft & Fdry* United Founders Corp com 1,880.110 5,400 1,175 United Milk Prod 7% 55* 16 24 Jan. 13 20 75* Dec. 29 995* Sept. 4 1-16 Dec. 17 17 Aug. 12 1 Dec. 3 1-16 Jan. 27 3-16 Jan. 26 100 4 12 Jan. 4 15* Jan. 35* Jan. 21] 19 35* 185* Sale 25* Sale 12 11 12 Sale 50 15* 5* 10 Sale 2 15 5* 15* 5* 12 Sale 1 5* Jan. 18 135* Jan. 5* Jan. 15* Jan. 5l Jan. 4 25* Jan. 26 1 Jan. 16 18 15* Jan. 18 5* Jan. 14 15* Jan. 25 95* Dec. 17 5* Oct. 15 Jan. 11 6 Jan. 12 2 35>* Jan. 4 37 Jan, 14 34 5* Jan. 7 15 65* Mar. 21 7 11 8 12 13 Jan. 14 2 Feb. 24 Feb. 20 16 265* Aug. 11 295* Feb. 27 22 Mar. 27 995* Sept. 4 5* Mar. 19 17 Aug. 12 15 Oct. 15* Jan. 7 20 5* Sale 125* 5* 13 10 17 29 10 1 Nov. 30 5* Dec. 30 Dec. 3 5 com Cumul preferred 25* Dec. Dec. 4 Jan. 45* 15* Dec. 18 35* Dec. 14 16 15 Jan. Jan. 200 Union Twist Drill......... 570 United Amer Utilities com..* ""256 145* Feb. 26 2 1035* Feb. 2 16 19 5* Sale * com 17 Jan. 100 Union Stock Yards (Omaha) * 6,700 Dec. 10 50 Truscon Steel 7% pref 100 Yubize Chatillon Corp— 3,900 1,800 22 215* Jan. 5* Jan. 5* Jan. 100 Transformer Corp of Am Trans-Lux Pict 9 7 Feb. 9 3 5* Sept. 22 46 Mar. 12 27 455* 100 Tom Huston Peanut Co com.* 100 Torrinftton Co of Maine * 1,200 155* Feb. 93 5* Sept. 11 1025* Mar. 26 15 Nov. 11 37 Jan. 10 30 Tobacco Secur Trust Co Ltd 400 3 155* June 12 37 400 15* Dec. 22 Sept. 28 25* Jan. 2 2 Jan. 52 ... 35 Tobacco Prod of Del Highest. Sale Prices. 13 35* Jan. 2 com Tishman Realty 8c Constr..* 1,200 400 1931. Sale Prices. Highest. Sale Sale Prices. 500 Tlmken Detroit Axle pref.100 1,650 8,100 30,200 9,400 YEAR 185* Apr. Thatcher Securities 42,800 1,250 RANGE FOR Price Jan. 2 325* June 11 15* Dec. 17 5* Dec. 28 Oct. 15 29 Feb. 26 285* 35* 325* 105* 25* 37 Apr. Mar. Mar. June Mar. Feb. Feb. 6 20 10 11 2 10 2 United Molasses Co Ltd— 100 Am dep rets for ord reft_.£l 9,000 2,200 United Porto Rican Suftar. 350 400 200 10,315 1,300 200 * Preferred.. 10 6.720 United Shoe Mach 600 25 com Preferred.. 65,693 United MOO 13,600 U S Dairy Prod class A * Class B 27,200 .....* 17,456 U S Finishing common .* Preferred 100 1,300 50.200 United States Foil class B._* * 63.050 U S & Internat Sec com 1st preferred with warr * 99,100 42.700 U S Lines Inc pref * 24,300 U S & Overseas, with warr..* Stores Corp com vtc.* 4,300 United Wall Paper • 1,400 4,760 3,250 500 900 1,425 10,975 U 1,100 U 9,600 U 2,200 U 400 lh 52 1! 57 15* 25* 33 15* 65* 5 375* 355* 5* 5* 15* 595* 395* 25 5",400 "166 5 Conv partic pref Unit Profit Sharinft com Certificates of deposit..... S Playing Card com.....10 S Radiator common ...* 15 6] 60 8 5 Sale 9 655' 10 5, 75* 554 Sale 31 Sale 60 5 15* 25* 29 2 Sale 7 4 15* 25* 11 11 12 Sale 4754 '"5* Jan:"l4 Jan? ~ 2 210 Universal Products Co 1,500 2 35* 15* Jan. 5 Sale 20 5* Oct. 25* Jan. 5* Jan. 20 Jan. Sale 5* Jan. 2 4 30 30 Jan. 6 "l5* 4 Jan. Jan. 5* Jan. 5 16 1 1 6 4 565* 305* 25* 65* Mar. Apr. Feb. Feb. 655* Mar. 26 25* Oct. 6 Feb. 60 10 Dec. 22 17 Jan. 2 29 17p Jan. 16 185* Dec. 28 40 Jan. 55* Feb. 2 Oct. 2I* 5* Jan. 30 , 15 Oct. Dec. 12' Jan. 11 40 1 9 Jan. 17 85* Apr. 26 10 Dec. 16 3 Dec. 29 Dec. 4 6 Jan. 1 21 3 2 85* Mar. 2 195* 22 185* 2 205* 20 23 4 5* Jan. 14 5* Jan. 49 Jan. 20 Jan. Mar. May 20 June Jan. 4 6 Jan. 4 45* Jan. 27 5 Jan. 12 6 15* 5 45* ..* Utah Radio Products, com—* 19 5M Dec. 11 June 29 95* Dec. 21 Jan. 2 3 4 13 2 35* Feb. 27 Feb. 26 65* Jan. 2 255* July 21 115* Jan. 6 33 14 20 60 23 Dec. 2 10 20 13 6 June 29 Mar. 10 June 4 17 1-16 Oct. 14 Sale 185* ....* 5,800 Corp com * 2,225 Universal Insurance Co 20 3,600 Universal Pictures .__..* 500 Jan. 60 U S Stores ""50 Dec. 23 Mar. 30 5* Dec. • 8 Sept. 29 595* 8 Sale Sale Sale 2 60 6 65* Sale 46 20 Oct. 30 5* 15* S Radio & Television com.* S Rubber Reclaiming. 4.300 U S Shares Financial Oct. 15 Dec. 24 1 ol 5* Jan. 15* Jan. 30 3 9 30 9 Mar. 27 7 25 Apr. 4 75* Mar. 21 9?4 Dec. 21 25* Jan. 3 Utlca Steam & Mohawk 300 Valley Cotton Mills 121,545 Utility Equities com 8,870 Priority Stock 87,900 Utility & Ind Corp com 5,000 800 2,800 5,800 100 * 15* • • 5] 14] Sale Sale 25* 85* 185 Van Camp Milk preferred.100 5466 89,963 17,600 87,600 1,000 4,800 Van Camp Pack 7% pref v 2 4 25* 35* 10 5 * t c 15* 25* 15* Jan. Sale 85* 25* 95* 25* 10 48 2 5* Jan. 15* Jan. 8 Jan. Jan. 11J* Jan. 15* Sale 15* Sale 35* Sale 7 20 15* 25* 45* 15* Jan. 152 Jan. 35* Jan. 20 2 2 Jan. 2 25* Jan. 45* Jan. 7 11 7.000 1,600 600 2,200 500 13 135* 4 5 11 * Waitt 9c Bond Inc class A..* Class B 7,300 12.100 198,150 Warrants 14 45* 115* -5 14 14,600 5,900 2,300 3,087 3,900 40.500 100 300 400 400 Welch Grape Juice 13 7 185* Sale 65* Sale 95* 115* 45* 11 Sale 11 105* 2 105* 25* 12 25* 25* 105* Jan. 25* Jan. 105* Jan. 28 9-16 Jan. 3 100 Western Dairy $6 pref A 600 Western Grocer Co com 6 25* Sale 2 5* 5* 25* 1 27 0 Jan. 115* Jan. 3 15 Jan. 23 115* Jan. 15* Jan. 14 3 6 Jan. 21 7 1 5* Sale 15* 36 1 25* Sale 37 145* Sale 5* Jan. 25 5* Jan. 2 Jan. 6 1 Jan. 6 25* Jan. 355* Jan. 30 3 Jan. 29 365* Jan. 4 Jan. 9 6 13 6 Jan. 9 * 520 7% 1st pref 1,300 265* Jan. * common vtc 16 15 20 14 265* Jan. 75 " Westvaco Chlorine pref West Virginia Coal 9c Coke.* 2.200 Wheatsworth Inc com .__* 4 1,200 25 Preference 24,000 ....._.* * 13.700 Wilson JonesCocom 200 7.400 Winter (Benj) Co 1.285.750 12,200 9 Nov. 195* Mdr. 12 65* Feb. 14 Dec. 25* Dec. 105* Dec. 1 295* Mar. 19 5* Sept. 19 5* Dec. 15 45* Dec. 8 36 Dec. 31 145* Nov. 17 Dec. 15 Mar. 26 10 Dec. 15* Dec. 14 4 8 Dec. 30 2 125* Feb. 165* Nov. 28 16 Mayjk6 15* Oct. 20 Mar. 26 85* Feo. 26 705* Feb. 27 2 Feb. 26 65* Jan. 29 Feb. 16 17 16 19 9 405* Dec. 23 525* Jan. 245* Feb. 22 Apr. 11 Aug. 6 Sept. 26 Sept. 2 85 Jan. 9 27 Mar. 26 Oct. 25 25 10 105* Sept. 22 20 Jan. 9 15 Jan. 50 60 50 Jan. 29 Jan. 11 5* Jan. 11 15* Jan. 175* Jan. 5 25* Jan. 175* Jan. 16 1" Apr. 13 605* June 10 105* Sept. 22 5* Nov. 395* Jan. 15* Feb. 28 465* Jan. 6 50 Jan. 65* Oct. 15* Dec. 12 5* Jan. 7 Dec. 5* Dec. 120 7 8 25* 25* 5* 85* 25* 105* Sale 5* 12" '135* ..... 9 ..... • Am dep rets ord shares.... 75* Sale 85* Sale 20 29 5* Jaft. 395* Sale Jan. 13 18 9 Jan. 1 Woolworth (F W) Ltd— 9,900 Dec. 60 5* June 125* 5",000 Wheeling & Lake Erie Ry 10 7% prior lien stock ...100 10,200 tVtiliaiiih (R C) 5c Co—... 11.low Cafeterias com 42.600 Jan. o45 11 16 50 West Jersey 9c Seashore RR 50 100 Westmoreland Coal Co 700 Mar. 10 7 Dec. 24 100 600 Western Pipe 8c Steel com.. 10 Western Tablet 9c Stationery 300 V 35* Dec. 405* Dec. 23 10 Aug. 28 25 Western Maryland Ry— 10 July 50 15* Sale 6 _• Western Auto Supply com A • Western Air Express Corp..10 2 Feb. 26 Oct. 125* ...* Watson (Jno Warren) Co * Wayne Pump Co com„ ._* Convertible preferred....* 24 485* Jan. 30. Mar. 24 15* Dec. 15* Dec. 16 45* Sale Walker (Hiram) Gooderhftm & Worts common .* 500 Warren (S D) Co "2",700 * com.... Feb. Apr. 16 Mar. 145* May 5 65.700 Walgreen Co H 3 5 300 Wagner Electric Co com...15 200 Wahl Co (The) common....* 400 78 Dec. 15* Dec. 75* Dec. o45 Sale 100 * Dec. 38 35 15* 15* 35* 305* Aug. 14 Dec., .lV* 25* Jan. Jan. 35 25 com Vick Financial Corp com. 200 Virginian Ry com 4,600 Voflt Mfft Corp 200 Vortex Cup Co Sale 42 Preferred 46.200 25 55* Sale 75* Jan. 2 85* Jan . 26 Am dep rets 6% pref 355 Youngstown Sheet & Tube pf 10 120 Jan. 145* Mar. 11 65* Mar. 10 335* Mar. 27 074. 29 22 m Jan. 4 Oct. June 7 Jan. 6 125* July 55* July 5 3 1015* Jan. 7 2 28 45* Jan. 26 Feb. 26 22 55* Sept. 21 85 10 10 10 8 RIGHTS 44,900 16,100 35,500 Associated G it E deb rts.. Stock purchase rights... 10.500 93,800 Commonwealth Edison w i. 25,300 Pub Serv of Nor 111 w i *»Ufll IC 970 240 200 Kor footnotes 2,770 3.635 38.850 see UTII 1T1FS Ala Power Co $7 pref 15* Sale 15* page 56. 5 15* Jan. 25 15* Jan.v, 13 25* Jan. 8 5* Dec. 5* Dec. 5s Dec. 15* Dec. 31 18 17 18 45* 45* Nov. 12 5 Nov. 16 Par • 87 80 ... Jan. 1 15* Sale preferred Allegheny Gas Corp Sale * 25* 25* Sale 5* 5* 79 Jan. 93 Jan. 85 5* Jan. Jan. Jan.! 21 18 5* Jan.: ,14 85 73 Dec. 30 1155* Mar. 11 Pec. 31 1035* Mar. 30 5* Dec. 24l 3^ Feb. 16 NEW Jan. 1931. Shares. PUBLIC UTIL (Cont.) Amer Citiea Power Ac Lt 43,000 298,048 547,920 58,800 1,950 9,900| 22,500 22,600 """"50 800 Par 32,500 90,200 1,048,846 26,300 146,340 700 5,000 1,000 2,750 77.000 Bid. Ask. Jan. Ask. Bid. Bid. Ask. 50 Class B * Amer Commonwealth Pow clA Class B__ ♦ 17 1st preferred A 33k 35% 5k Sale 11X Sale 22 24k ♦ * $6.50 1st preferred Sale Sale Prices. Sale Prices 24 k 2k Sale 2 Jan. k Jan. 4k Jan. 2 Jan. 19 14 5 4k Jan. 39k Jan. 88k Jan. 8 19 • Amer Li<?ht & Trac 25 com 6% preferred.; 25 Amer Nat Gas com T t c * 43 26 Sale 30 3h Sale 3k 36 k 83 14 k Sale * com Preferred Sale 32 k it* 20k 20 Sale' 28 26 27 k 3X Sale Sale Sale Sale 27 3k 32k 82k 17k Jan. Jan. Jan. Jan. 2 5 24 Jan. 14 25 Jan. 6 26 Jan. 5 5 19 k 185 Amer Pub Serv 7% pref...100 30,400 Amer States Pub Serv class A 5.041.500 American Superpower....__* 1st preferred • 63,110 $6 cumulative preferred. 23,800 * 1,837,210 Appalachian Gas com Warrants 56.900 300 134,500 5,800 1,200 117,900 1,400 5k Sale 82k Sale 2^ c¥/s 3 k 54 Sale 56k 25"" "40 " 2,010 Arkansas Pow & Lt $7 pref. 22,100 Assoc Gas Ac Elec, com..... Class A 056,055 $5 preferred * 7,245 $8 int-bear allot ctfs 11,786 Allotment certificates... 23,600 Warrants 224,800 90 100k 103 k 3"O",I66 40 1,400 300 2,700 15 Sale 5 60 Jan. 21 Jan. 29 42 Jan. 7 Jan. 26 5 8 k Jan. 4 k Jan. 8 4 1-16 Jan. 4 79k Jan. 4 87k Jan. 12 "2"" "25" 25 79 Sale 17 k 2 ,3k Jan. 4k Jan. Jan. 3k Jan. 3 1-16 Jan. 1-16 ...100 com. 4k Sale Sale k Sale 5-16 Sale ............. 100 Arizona Power 3 3k 58 52 37 10 k 81 4 4k Sale Sale 2 Jan. 4 4k Jan. 9 22,800 250 ♦ 8c Pr ord 100 Bridgeport Gas Light Co 475 British Columbia Pow cl A. Class B 200 4,900 1,100 71,800 9,400 6 7 Feb. 24 Feb. 20 Aug. 18 Feb. 28 June 29 Mar. 7 Apr. 27 Apr. 8 Mar. 21 Mar. 18 Mar. 20 Feb. 4 1-16 Dec. May 20 Jan. 15 Jan. 20 85 Nov. 20 109k May 3 Dec. 16 Feb. 30 3 k Dec. 30 23 k Mar. 10 12 16 14 26 27 Jan. 8 59 Jan. 8 50 46 Jan. 25 39 Nov. 24 Dec. 19 89 k Apr. 2 Jan. 16 11 Jan. 8 10 Sept. 30 27 k Jan. 13 24 k May 22 Jan. 26 • k Sept. 29 16 k Dec. 23 July 17 65 10k Jan. Sale 22 5 Ilk Jan. 4 Jan. 20 Ilk Dec. 18 19 k Jan. 95 110 104 k 109 21 Sale 9k 9k 98 Jan. 120 10k Ilk 8k Jan. Ilk Jan. 20k Jan. 26 22k Jan. 53 * 25 k Sale 20 k 22 Sale Sale 79 19 k 75 Jan. *82 Jan. 19 11 91k Feb. 28 20 k Oct. 24 67 May 13 25 k Mar. 23 20 95k Dec. 28 153 105 k Dec. 31 120k 108 k Sept. 18 109 k 5 7 Oct. 28 k 54 k May 20 54 k 8 24 Oct. 40 15 Buff Niag 8c East Pow pref_25 1st preferred. Mar. Aug. Jan. 200 Barcelona Tr Lt & Pr ord__50 Brazilian Tr Lt 30k Oct. 14 97 k Dec. 19 112 7 49 49 Aug. 3 k Dec. 17 31k 5 32 k Oct. 86 k 80 Dec. 18 Ulk 18 k Dec. 30 54 k 25 Nov. 25 30 k 1-16 Dec. 18 6k 8 59 k Oct. 91k 3 Apr. 24 20 k 3 Dec. 15 19k 51 k Dec. 29 99 45 Dec. 12 89 k k Dec. 18 8k k Jan. Sale' Bell Telep Co of Canada..100 775 Bell Tel of Pa 6H% pref-.100 250 Birmingham Elec $7 pref... 540,990 27 29 k Jan. 23 90 July 20 June 30 75 10 67k 3,600 30,566 28 Mar. 19 57 350 Associated Tel & Tel cl A.__* 500 Feb. Feb. 17 38 39" Sale 900 Assoc Telep Ltd $1.50 pref..* Associated Telep Utilities..* 6 17 Dec. 30 9 Jan. 27 Sale Prices. k Dec. 30 k Dec. 31 6 2 Highest/ Prices. 19 k Oct, 1 k Dec. 2 1 4k Jan. Sale 14 2k Jan. lk Jan. k Jan. k Jan. k Sale 4k Jan. 26 Jan. x2\ Sale Sale 1 Amer Diat Teleg N J American Gas & Elec YEAR 1931, Lowest. Highest Lowest. Jan. 30. 2. Corp Class A pref__I00 50 Amer Elec Power $6 pref • 1,008,100 Amer Ac Foreign Power warr._ 1,540 50 2 1931. Shares. 1,500 RANGE FOR Price NEW YORK CURB EXCHANGE 12 Months January. 47 PRICES IN JANUARY. AGGREGATE SALES In EXCHANGE CUES YOEK Jan. Feb. Mar. 17 13 2 Sept. 14 7 May 20 Mar. Mar. 3 17k Mar. 10 27 k Aug. 21 Dec. 16 105 Aug. 18 Feb. 21 Dec. 15 Cables & Wireless— 400 34,800 64,100 17,600 2,100 Am Am dep rets A ord sh dep rets B ord sh £1 £1 Am dep rets pref sh.. £1 400 Canadian Hydro-El 1st pf.100 k Sale k Sale 3 k Sale k k Jan. k Jan. h Ik ""Ik lk k Jan. k Jan. 13 4 k Sept. May 13 9 lk lk 63 100 97 170 Carolina Pow & Lt $6 pref $7 preferred 300 May Aug. Oct. ........... 600 31,000 110 Cent Hud GAR 6% ▼ tc......_• Pftflferred 15k "17k 14 15k 13k 16 15 Jan. 14 Jan. 16 14 94k Jan. 60 Central Maine Pow 7% pf.100 550 Cent Pow & Lt 7% pref 100 10 50 22,200 442,500 19,100 25 350 75 Cent Pub Serv of Del Class $6 preferred Sale Sale ........ 8 70 Jan. 18 4 5 13 Jan. Jan. 3k Jan. 19k Jan. 4k Jan. 18 55 $7 Prior Hen preferred.. Central States Electric com.* 550 300 " 800 250 2.600 4 Dec. 15 13 61k July 11 5 70 Aug. Aug. 21 29 4k Jan. 29 Jan. 15 Oct. 7 Jan. 15 55 72 Nov. June Sale 1 lk k 5 Sale lk Jan. 5 2k Jan. 16 16 29 55 49 Apr. 8 18k Feb. 11 19k Mar. 20 May 14 Apr. 30 June 24 58 If 10 11 9 23 19 Mar. 19 Jan. 10 97 Mar. 18 87 40 Nov. 12 68 k Feb. 26 50 4 Sept. 19 100k Feb. 8 Jan. Feb. 24 50 65 3k June 19 19k Mar. 17 15k Dec. 31 17k July 28 46k Jan. 47k Dec. Feb. Nov. 14 5 12 27 k 12k Nov. 13 24 k Feb. 5 101k Feb. 1 96 Apr. 95 lk Mar. 19 Mar. 17 6 36 9k Sale .... 70 87 k Nov. 24 93 Oct. 10 62 84 k Dec. 28 102 k 90 9 104k 76 k Dec. 6k Dec. 6% pref without warr..l00 0% conv pref .100 575 Conv pref opt ser 1929..100 3.975 Warrants 1,500 8,400 Cent West Pub Serr class A— 1,930 Cities 8erv Pr A: Lt $0 pref..* t7 preferred ..* 4,300 32,600 Cleveland Elec Ilium com...* 6% preferred 100 430 June 26 18 7% preferred... 100 6% pref with warrants.. 100 9,000 28;il0 14 $7 preferred 987,182 18 Apr. 11 May 1 78 48 17 Feb. 19'103 Mar. 10 13k Dec. 17 31 July 20 104 k Aug. 24 88 650 24", 400 lk 11 $7 preferred............ 300 50 94k Jan. 19k Jan, 14k Sale Jan. 4 * $4 preferred 1.500 14,900 Cent 8c Southwest Util com.* 100 11 lk Jan. 70 com. A Mar. 2 Feb. 19 103 100 250 Cent 111 Pub Serv $6 pref.. 220 Cent Indiana Pow 7% pf.100 100 a Dec. Jan. 23k Jan. 101k Jan. 9 8 50 Jan. 19 27 56 Jan. Jan. 15 18 47 k Dec. 30 053 k Dec. 30 22 k Dec. 17 106k Oct. 5 29 20 103 Jan. 11 87k Jan. 14 Apr. 10 Apr. 13 52 k Mar. 11 19 113k Apr. 23 18 Jan. 82 89 Columbia Gas & Elec Corp— 670 Sale 80 5% Conv preferred 78k Jan. 29 Columbus Ry Pow A: Light— 6% 1st pref series A 100 100 22,826 Commonwealth Edison Commonwealth 8c Sou Corp.. Warrants 1.535.900 75 Community P 5c L $6 1st pref* 280,700 Community Water Service..* Compagnie Generate d'Elec— 115,000 Tidd 100 de Electrlcldad S A (Chad). 50 Conn Lt & Pow 6 k % pref. 100 Con Gas E L Ac P Bait com..* 92,524 25 10,500 Class A preferred.......100 1,000 21.900 Consol Gas Utilities class A.* (.lass B v t c * 6,400 750 Consol Traction of N J... 100 100 400 ..... 300 2,150 Cont'l G 8c E 7% pr pref 13,400 600 200 33,100 1,900 "5", loo 222,800 125 325 175 308 4,600 3,600 14,800 30,000 175 Sale lk Sale Eastern Gas 8c Fuel Assoc..* Sale lk .... 50k 59 $7 preferred A * Sale 64 ik ik $6 preferred B 10 14k Sale 5 6k k Sale 60 *6i" lk k * 14,750 12 16 Jan. 7 2k Jan. 14 2 63 3 15k 17 7k 9 Sale 2k 2k k Sale Florida Power 8c Lt $7 pref 68k Mar. 16 22 115 July 22 Feb. 26 57 k Dec. 18 101 96 k Dec. 23 108 July 13 lk Dec. 11 17k Mar. 11 76 Mar. 26 Jan. 20 Dec. 28 103 k Apr. 24 55 Jan. 16 14 16 8k Jan. 13 Jan. 29 3k Jan. 15 2 30 22 Dec. 30 Dec. 31 21 108 Jan. 14 14k Jan. Feb. 6k Feb. k Sept. 17 Jan. 21 14 64 k Dec. 30 145 k Jan. 10 7 10 80 7k Jan. 61 29 68 Jan. Nov. 27 60 k Dec. 30 7 69k Dec. 1!* Sale Sale 18k 20 } Sale Sale 21 3k Sale 3k 2k Jan. 17k Jan. 17k Jan. 10 k 54 k Sale 74 10k 55k 40 56 Sale 58 49k 5 79 86 Sale Sale 45 k Salty Sale 31k 33 5k 9k 7 k Sale lk Sale 4k 5k 4k 6 22 16^ July 27 14 Dec. 29 6 Oct. 8k 182 Dec. 17 268k 8k Dec. 17 61 48 Dec. 17 108k 38 *; Dec. 28 97 Jan. 6 5 13k Jan. 15 4 62 Jan. 14 4 51k Jan. 15 Feb. 9 Feb. 24 Mar. 19 Mar. 31 Mar. 5 Nov. 17 101 37 k Feb. 26 3 k Dec. 17 68 Aug. 17 70 k July 18 6 79 k Apr. 39k Oct. 1 45k Sept. 23 89k Jan. 27 45 4k Jan. 50 c 3 0I8 14 7 Jan. *38 Jan. 17 16k Jan. 3-16 k Jan. 2k 2k Jan. k Jan. Jan. 6 14 46k Jan. 43k Jan. 17 20 11 Jan. 6 185 8 Mar. 20 Dec. 31 22 k Dec. 31 2 35k Mar. 5k Jan. 25 Mar. 19 30 22k Jan. 5 Jan. 24 17 Mar. 20 88k Sept. 11 2 9k Jan. 52k Jan. 44 ; Jan. 17 19 Jan. Jan. 2 Dec. 27 94 18 3k Jan. 0I8 185 Sale June 24 24 73k Jan. k Jan. 4 Jan. 3-16 Sale 67 20 Empire Pow Corp part stk..* June 24 103 32 k Sept 115 July 14k Jan. 2k 14 2k Mar. 10 85k Apr. 17 12k Apr. 15 3 k Oct. 24 9 41k Feb. Jan. 17 40 * 34,200 Empire Pub Serv class A 36,100 European Elec Co of Can A.10 Option warrants 188,200 ■ 99k Jan. 64k Jan. k 4 Sale 103 k Sale Option warrants June 29 19 256k Feb. 20 k Dec. 14 May 13 lk Dec. 11 108 14k 118 41k 150 Empire Dlst Elec 6% pref.100 8,300 Empire G 8c F 7% pref 100 8% preferred 100 9,050 6% preferred * 11,955 29 Jan. Jan. lk Jan. 4 3« 3,500 100 12 59 55 » $6 preferred $5 cum preferred 114 k Dec. 103 2 Elec Pow Ac Lt 2d pref A... 600 15 12 99k Jan. Convertible stock 4,700 225,600 2,100 5,400 k Jan. lk Jan. 30 * Eastern Util Associates 3,900 200 25 4 21 150 30 * Elec Bond 8c Share common "566 k Jan. lk Jan. 9-16 Sale 150 10 90" lk ......100 Eastern States Pr com B 14.023,000 109,500 66,100 125 9-16 Sale 28 122 76 8 6% preferred..........100 Prior preferred 112k Jan. Sale 620 Edison Elec Ilium (Boston) 100 10 877,600 11,500 116 100 25 Dayton Pow 8c Lt 6% pref.100 * 200 Dixie Gas Ac Utilities com ..100 10,950 Duke Power Co... » 356.050 Duquesne Gas Corn com 200 221 Am dep rets A bearer sha._ Companla Hispano Americ'na 475 June 29 107 107 25 2,550 17 Jan. 18 Jan. 15 17k Jan. k Jan. 21 52 5 15 *38 25 5 3 , Jan. 5 17k Dec. k Dec. 2k Dec. k Dec. 52 k Feb. 7k Jan. Sale 2k 28 9 20 7 4 Mar. 18 Mar. 18 Dec. 24 104 Mar. 18 Dec. 78 Mar. 19 30 Dec. 83 Apr. 37 3 Sept. 70 k Jan. 4 k Jan. 2 Jan. 25 79k Jan. 13 75 18k Jan. k Sale 26 25 Jan. 13 15 26 *45 Jan. 26 74 * . 13 Gen Gas & Elec— 750 48,450 16 cum conv pref ser B • 810 General Pub Serv $6 pref 300 Jan. * 2,900 General Water Wks A Elec A 8,035 Georgia Power $6 pref.... • 100 Gesfuerel Am dep rets 125|Gt Western Pow 7% pref.100 25'Green Mtn Pow $6 pref For footnote* *45 * 625 Gen Pub Utilities $7 pref 20 50k Sale *ee page 56. * 13 15 96 Sale 1 68k lk 82 .. 2 75 80" 78k Jan. 27 82 Jan. 21 Oct. 74 Dec. 30 Apr. 103 k Feb. 55 Nov. 8 10 15k Jan. 12 100 k Mar. 12 30 105 55 Apr. 2 Mar. 16 Nov. 12 48 NEW YOEK CURB AGGREGATE SALES. In PUBLIC UTIL. (Cont .) 50 Gulf Statea Utll $5.50 50 50 Par Bid. Jan. A$k. * X Ask. Highest. Sale Prices Sale 14 27 21 Jan. 14 85% June 65% Jan. 27 94 Jan. 5 54% Jan. 70 7-16 Sale 47 54 7 55% Jan. 7 Jan. ' Jan. 50 1 26 June 26 % Dec. 10 Sale Prices. June 26 94% June 26 6 Apr. 11 75% June 30 86 425 Hartford Electric Light 25 48 Dec. 250 Haverhill Elec Co 25 60 July 27 72 Mar. 25 IlllnolR Nor Utll 6% pref..100 ...» 6,825 II fnois P 8c L $6 pref 93 46 Jan. 30 Dec. 18 93 Jan. 48% Dec. 23 95 250 950 1,268 25 1,600 v t c 700 85% 900 24,700 Internet Utll class A.. • Class B 375,550 3,920 Participating pref Warrants for class B stock. 35,900 2,130 Interstate Power $7 pref 175 Iowa Sou Utilities 7% pref 100 158,180 Italian Superpower cl A * Warrants 43,700 1,950 Jersey Cent Pr 9c Lt 7% pf.100 1,455 6% preferred 100 20,200 ~ 1,400 140 " 3 ,7 00 400 700 Kansas City Pub Serv 100 48 X 50 . Sale 65 58 61 59% Jan. 61 20 65 Jan. 45 Jan. s80 5 9 s80 Jan. 9 Preferred A ▼ v 10 20 21% 33 35 5% Sale 10 6% 1% 12% Sale Sale 10 OX Jan- 30 Sale 12% Jan. 14 4 16 5 6 Jan. 2 29 52% Jan. 18 1% Jan. % Jan. 21 15 X Jan. 46 Jan. 7 3 22 4 Sale X Sale 46 Sale 25 5.000 220 200 50 X Dec. Dec. Mar. 26 88 July Sale 1 % Sale 34 ^ 1% IX % IX X IX Jan. % Jan. 99 May 13 Dec. 7 Mar. 23 Dec. Nov. 3% Mar. 23 [10 L04 30 30% 350 Los Angeles G 8c E 6% pf._100 450 Louisiana Pr & Lt $6 pref...* 96 60 103 88 100 19 X Sale Sale Oct. 3 Sept. 3 % Aug. 19 10 Aug. 28 Mar. 0 May 15 Jan. 26 97 Jan. 26 107 Nov. 17X Jan. 93X Jan. 83X Jan. 28 2 22 19% Jan. 98% Jan. 8 11 17 Sept. Mar. 21 90 Dec. Mar. 10 Oct. 97 m Jan. 100 85 Jan. 4 83 19 100 Jan. 19 101 75 68 June [00 Sept. % Aug. 10 Aug. 97% Oct. * t c_. 7 8 14 2% Apr. 2 33% Mar. 17 45 Feb. 24 10% Feb. 24 100 July 21 4% Feb. 24 1% Dec. June 40 23 Feb. Jan. 3-16 Feb. 88 X Jan. 4 45 Dec. Dec. 9 Jan. Jan. 6% Jan. IX Jan. 6X IX 1% Sale 94% Apr. 15 Feb. 24 9 19 X Nov. 21 6 30 107% Mar. 27 81% Aug. 13 Dec. 3-16 Feb. 20% Jan. 100 Kansas Gas & Elec 7% pf_100 Kings County Lighting 1,000 5% preferred series D_. 100 700 7% cum pref series B...100 90,700 Long Island Light com * 4,605 7% preferred 100 5,050 6% preferred series B ..100 Oct. 88 5 Jan. 17 * t c 17 81% Aug. 2% Feb. 1-16 Dec. ........ Class A warrants........ 1,200 44,800 Internet Superpower ._* 900 90 0% preferred ...100 ndlanapolla Pow 5c Lt— iH% cum pref 100 Warrants 57 45 10 Indiana Service 7% pref..100 1,000 Inland Utll partic class A...* * 3,600 Intercont Power com A 2,335 Int Hydro-El $3.50 conv pref.* 575 ' Highest. Prices., 3-16 Jan. 50 65 85 62 1 Lowest. Lowest. Sale Prices. Jan. 30. 60 ,32 com f t C.¬ 2. Ask. Bid. 50 50 Bid. pref--* $6 preferred 50 57,000 Hamilton Gas Co 6.400 1931. 2 1931. Shares. YEAR Pric* Jan. 1931. Shares. RANGE FOR PRICES IN JANUARY. NEW YORK CURB EXCHANGE 12 Months January. EXCHANGE Dec. 37 29 25 July 111 July 103% Apr. 37% Mar. Nov. 70 200 Maine Gas Companies com. Sept. 17 Mar. 25 Mar. 4 13 Marconi Internet Marine 500 14,330 Communication 628,300 Marconi Wirel Tel 21,700 Am dep ret of Can...l Marconi Wirel Tel Ltd Am dep rets ord bearer shs. 2,200 2,100 Mass Pow A Light Assoc com Preferred 1,900 34,400 Mass Utll Associates v t c 1 2,825 5% conv preferred 50 76,600 Memphis Nat Gas com * ... 6,500 550 1,200 2 Sale 5% 6 X Sale 5X X 6X I 5% Jan. 1% Jan. 5% Jan. X Jan. 5 X Dec. 18 X Dec. 15 10 4% Feb. 0 4 Feb. 5 June 26 June 27 £1 3% *5% 4 2 22 IX 20 Dec. 29 3% Nov. 16 ........ 2 8% Sale 2X "4% 2X 7 29 1% Dec. 30 x!7% Dec. 30 4% Dec. 16 2% Jan. 9 Doc. 29 4 Mar. 25 35 Mar. 10 Jan. 5 17% Jan. Jan. 4 7 75% Jan. 5% Jan. 16 29 75% Jan. 16 84 Oct. 29 102 Jan. 14 2 51% Jan. 13 4% 30% % % % Dec. Dec. Dec. Dec. Nov. 18 25% 18 101 28 2% 16 3% 20 25 2 2X "4 % "l~X 5 23 Jan. 5% Jan. 12% Feb. 11 Metropolitan Edison Co— 50 $6 pref series C 2,320 718,017 Middle West Utll com $6 conv pref ser A 17,100 A warrants 4,300 B warrants 3,600 88,070 Mid-West States Utll class 76,800 800 17 X Sale * 5X 35 Sale 5% Sale Sale 35 Jan. 7 ... A * 9,700 Midland Nat Gas partic A. 125 Midland Utll >6% pr lien.100 27 44% Dec. 15 X Apr. 40 7% preferred A 100 300 Minn Power & Lt 7% pref.100 805 Miss River Power pref 100 10 125 Oct. 63 10,700 Mohawk 8c Hud Pow 1st pref.* Second preferred 1,850 • 95 Sale 81 Jan. 22 Dec. 10 ,100 82% Jan. 82% Jan. 25 25 90 Oct. 9 Jan. 30 78% Oct. 29 95 4 86 Dec. 18 Feb. 11 2% Jan. 5 84% Feb. 19 66 Oct. 16 109% Sept. 10 110 Aug. 31 107% Apr. 11 107 June 25 Oct. 31 6 4 Aug. 17 Mar. 10 Mar. 3 Feb. 21 Feb. 11 Monongahela West Penn 400 925 Pub Service 7% pref.. 25 25,650 Montreal Lt. Ht 5c Pow .....» 23 25 16 22% 17 20 15% Jan. Jan. 18 8 19 100 6,100 Nat Elec Power class A.. 650 7% preferred 50 6% preferred • Nov. 20 69 110 22 24 10 X Sale 9 11% 10% Jan. 10% Jan. 2 2 100 100 .... 25% 69% 93% Dec. 19 149% 23% Oct. 270 Mountain StsPow7% pfd.100 110 Mountain Sts Tel 8c Tel..100 9% Dec. 19 73% Sept. 30 70 July 31 Aug. 6 Mar. 21 Jan. 7 Apr. 9 26 Apr. 8 91 Jan. 24 71% Sept. 4 Nat Power 8c Light— 6,350 1,700 30,200 34,500 5,100 1,250 3,825 $6 cum preferred Nat Public Service * com Common class B cl A.* ....._* 94 16 32 % 95 X 20 250 Nevada-Calif Elec 425 : 61 30 15 Jan. 4 72 Jan. 20 7 68% Sale ..!* 3?^ 39 Jan. 4 9 Jan. 14 25 10,205 Jan. 50 9 22 2% 160 10 520 50 6,200 100 $7 Prior lien " 3,366 575 75.100 11,400 2,300 11,710 50 125 5,990 59% Jan. 5 15 100 com $6 preferred 108 102 114% 115 Jan. Jan. 16 115 16 • lfe" " Jan"" 21 98 % 46 % Sale ~9% Sale" IX Sale 4% 5% IX Sale 60 Jan" " 19 50% 58% 49% 110 110% 111 110% 113 6X Sale 6% Sale 6% 11-16 Sale 9-16 % Sale 2 % Sale 2% 2% 2% 7-16 % Sale 18 Jan. Jan. 53 4 113 Jan. 5 Jan. 6 Jan. 4 Jan. 22 7% Jan. % Jan. 331s Jan. % Jan. 51 48 Jan. Jan. % 3 Jan. % % Jan. 14 27 Jan. 13 70 Jan. 27 Jan. 22 80% Jan. 19 70% Jan. 90 Jan. 6 83 14 5 94% Jan. 14 88 19 Nor States Power com A.. 100 125 135 75 Sale 101 Sale 90% 95 90% Sale 93 84 Jan. 28 Jan. Jan. - "106 ""ioo 500 .... 50 200 "166 5,150 300 "'740 2,100 Pa Power 8c see $6 Preferred page 56 Sale ... Jan. 4 96 Jan. 18 25 Jan. 2 23 Jan. 5 26% Jan. 25% Jan. 14 19 97 25 24% 24% 24% 15 Jan. 12 97 22 2% 12% 3% 13 152"" Sale' 19% Sale cl A.* Mar. 13 18 6 Mar. 10 8 1 Mar. 10 Mar. 10 Mar. 19 3P 73 86 Aug. 3 Aug. 1 4% Mar. 17 Jan. 28 June 25, Dec. 14 105 Dec. 113 Jan. Dec. 108% Apr. 9 152% Mar. 20 109% Mar. 20 Dec. 101 89 69% Dec. 86 85 Oct. •a* 15 Mar. Oct. 94 13 20 86 10 100 13 Jan. 12 2% Jan. 16 2% Jan. 10% Jan. Jan. 15 16 7 a;12 19 99 5X 9 11 5% Jan. 11 95 11X 61 Sale 21X Sale 85 Dec. 19 Oct. Jan. 8 99% Jan. 15 47 Jan. 5 52 Jan. 8 % Jan. 8 1 Jan, 22 5% Jan. 23% Dec. 24 23% Sept. 29 Mar. 3 51% % % 47 50 Dec. 22 10 15% 100 78 5 108 88 . "5* Oct. Jan. 30 5 5 Sep*. 9 Aug. 24 Apr. 24 Sept. 14 Jan. 9 30 July 29 27% Aug. 3 Nov. 27 106 Nov. 30 101 May 18 Doc. 11 99 103 45 6 9 Mar. 23 1 16% Feb. Sept. 9 107 100 X Sept. 30 111 9 107 92% Oct. 6 Apr. 21 Mar. 18 . Feb. June 25 June 93 10 * • Mar. 16 15 3 12 23 Light $7 pref...* 38,800 Pa Water 5t Power 45,000 Peoples Light Ac Power 'or footnotes 87 26% Sale * Pa Gas 8c Elec class A * 100 Pa Ohio Pow & Lt 7% pfd.100 4 Apr. 6 Apr. 16 July 23 Aug. 31 Sept. 4 89:. 15 107 100 4,300 22 Sept. 72 6 94 ... 7% preferred 50 Penn Cent L & P $5 pref Jan. 22:118^ % Dec. 29 1 100 Ohio Edison Co $6 pref 8,100 ,5H% 1st preferred ...25 1,475 Pacific Ltg Corp $6 pref * 200 Pacific Pow 8c Lt 7% pref.100 * 26,100 Pacific Pub Serv class A New common 1,800 • New first preferred... 1,400 * 1,050 Peninsular Telep Co com * Oct. 103 77 10 Northwest Utll 7% pref...100 1.300 6 117 2 June 26 52 69 79 ..* 2,990 Ohio Power 6% pref 100 400 Ohio Pub Ser 7% 1st pf A.100 1,100 Oklahoma Gas 8c Elec pref 100 1,400 Oklahoma Nat Gas pref.. 100 127,900 Pacific Gas 8c Elec 1st pf..25 83% July 21 94 Norlnd Pub Ser 6% pref.. 100 7% preferred 100 6% cum pref ...100 100 North Texas Elec pref 100 400 Nor'west States Utilities.. 250 11 29; 99 5-16 Dec. 16 1 Oct. 7% preferred.. 100 175 Nor N Y Utilities 7% pref.100 T.ioo 9 Feb. 30,105 22 67 2X Sept. Oct. May Jan. Doc. Dec. Dec. Oct. 2 62 800 46,155 5,407 5,415 Feb. 86 Mar. 30 101 100 100 95 9-16 * Nor Amer Utll Sec com.....* Nov. 12 46% 107% 5% First preferred » 10 North Boston Lighting com.* <500 590 75 71% June 26 71% 4 94 99 Aug. 96% Dec. 18 143 6 14% Apr. 14% 98 " 500 3",366 Apr. 25 48% Dec. 21 63 Engl Telep 8c Teleg..l00 ... 925 Jan. * 275 7% preferred 100 1,200 N Y Power & Light $6 pref..* 2,400 7% preferred 100 40 N Y & Richmond Gas 6% pf__ 27,900 N Y Steam Corp com .* 12,825 N Y Teleo 6%% pref 100 2,322,883 Niagara Hud Pow com 10 378,983 Class A opt warrants Class B opt warrants 78,400 Class C warrants 26,400 17.025 North Amer Light 8c Power.* 500 50 Sale ......* . 800 11 5 4 Mar. 5 104 X Oct. 10110 5 109% Mar. 19 60 Nov. 97 Jan. 6 Sept. 15 103 3 preferred...* 100 New Orleans Pub Serv 75 Nov. ^ngl Pub Serv $6 prior Hen pref $6 preferred New 87% Mar. Nov. 70 79 X Feb. 44 49% Nov. 5 » 6% preferred New Oct. 26 Jan. 240 New Engl Power Assn com..* 990 Dec. 18 104% Apr. 9 6% Dec. 30 21% Mar. 19 Apr. 25 41% Sept. 23 58 25 45 100 com $7 preferred.. 9 7 13 $3.50 conv preferred * 7% preferred.. 100 200 Nat Toll Bridge common A__* 200 Nebraska Power Co pref. .100 575 65% Sale Sale a8 Mar. IS Apr. 20 Feb. 27 Apr. 14 Apr. 14 1 June 19 16 103K July 3 78 July 23 July 23 Nov. 25 13% May 5 Feb. 10 Apr. 27 109 Dec. 21 Feb. 44% Oct. 112% Aug. 25 11 107 5 % Dec. 21 June 12 70% Mar. 6 26% Feb. 16 NEW Price NEW YORK In Shares. Jan. 1931. Shares. CURB EXCHANGE 12 Months January. 1,400 2 Jan. 1931. PUBLIC UTIL. (Conel.) 8,800 Philadelphia Co com Par ♦ ... 425 Phila Elec Co $5 pref Ask Bid. 25 Ask Sale 15 Jan. Sale Prices 17 12% 88 Lowest. 25 Prices 17 Jan. 7 91% 25 ...50 ; Power Corp of Canada * * 200 Providence Gas Co 50 Pub Serv Colo 7% pref 100 4,200 Pub Serv El & Gas $5 pref..." 20 475 "50 2,675 1,575 160 100 * 115 29 120 Jan. Jan. 6% prior lien 100 7% prior lien 2,160 Puget Sound P 8c L $6 pf $5 preferred...... 1,090 25 100 275 300 550 Quebec Power Co, 3,100 56 29 22 Jan. 4 20 5 21 Jan. Jan. 15 5 5 10** Jan. 11 Jan. 14 16 Jan. 21 * Jan. 9% Jan. 50 Feb. 28** Mar. 8 Mar. 94 July 90 Dec. 3 Mar. 90 June 17 100 9 Oct. 6 18** Mar. 108% Sept. 1 108% Sept. 95 73 70 60 16 Sale 10 10% 9% Sale 5,800 5,100 300 200 ""966 2",200 200 - 140 1,600 200 5% 25 24 Sale 25 213* Sale 26% Jan. Sale 190 Southern New Eng Tel 400 Southern Union Gas 5,651 1,230 68,700 Southw Bell Tel 15 % 100 Jan. 14 14 40 15 3% X Jan. 13 1,300 500 19,300 Standard Class B 13,100 Power 8c Lt com..* * common 200 Preferred 5,358 1,900 Standard Pub Serv class A__* 5,550 Swiss-American Elec oref.100 250 Tacony 8c Palmyra Bridge. 29,200 Tampa Electric Co • 1,125 Tenn Elec Power 7% pref.100 """25 I Sale 2",200 4 14 64 "x "1" Jan. 29 ** Jan. "X I** Jan. 11 2,200 4,000 Twin States Nat Gas part 120 Union E L 8c P (Mo) 7% pf.100 53,241 Union Natural Gas of Can..* 303,445 United Corp warrants 62.800 United Elec Serv purch ~ 1~206 71,300 7,700 7,300 6,300 2,845.610 101,680 315,000 American Jan. 6 65 X Jan. 13 19 21 17 21 19 98% 55 70 60 X * *3 3 Jan. 4 20 Jan. 7 20 Jan. 12 61 Jan. 7 x07 Jan. Jan. 7 42 Jan. 15j Is 47 % Sale Sale 23 22** Jan. 5 32 Jan. 19 94% 90** 90 85 28 26 85 4 93 Jan. 15 Jan. 151*1 Jan""'8 101% Jan." 8 * "8,960 1,430,850 10,259 73,415 1,700 15 3X 3 : X % Sale 7% 86 Sale 3x -x 3X 3% 3 3X X X 2 Sale 6 50 23 % Sale 2 Sale 42 Sale Sale Sale % Sale 70^ 60 70 ... A.. com Class B Sale 6 6** Sale 39** Sale 45** IX Sale IX 4** Jan. 3X Jan. 3** Jan. 18 Jan. 13 14 * 90 94 6 Jan. 5 1** Jan. 41% Jan. % Jan. 29 3X Jan. 2** Jan. 55 Jan. 2 % Jan. 5 1st pref SX Jan. Sale 39% Jan. 53** Jan. 300 United Rys 8c EI Bait com..50 13,600 200 225 20 19,200 900 500 """"75 397,500 U S Elec Pow com with warr Stock purchase warrants.. 13,200 2,550 Utah Power 8c Light pref.100 385 Utica Gas 8c Elec 7% pf—100 633.093 Util Pow 8c Light com 73,800 5,175 Class B v t c ...__..* 7% preferred 'III Sale 1% IX 1% Western Power pref 100 200 Western P L 8c Tel class A.. IX Jan % Jan. . 82 98 105 9% Sale 23 X Sale 95 98 2% 13** Sale Sale 98** 102 2** Sale 10 12 33** 36 .100 450 Virginia Pub Serv 7% pf__100 West Massachusetts Cos * 4,675 2,550 Sale 103X Jan. 4 13 9 IX Jan. % Jan. 85 Jan. Jan. 96 Jan. 5 100 2 Jan. 2 SX Jan. 22 Jan. 6 3** Jan. 13** Jan. 61** Jan. 34% Jan. 29 34X Jan. 43 53 X 99 6 12 9 15 Dec. 15 50 5 50 18 Dec. 50 Dec. 1 May 4 5 21 95 Oct. Mar. 10 20% Dec. 30 61^ Mar. Feb. Feb. 3 10 14 May 22 Feb. 3 2 Jan. 700 900 200 350 3% Dec. 28 1% Dec. 17 33 Dec. 14 Dec. Dec. 14 10 Feb. 12 Jan. "9,766 14,300 900 400 1,100 1,300 Dec. July 23 21% July 16 93% Mar. 11 12 105 5** Dec. 93% Mar. Dec. Dec. 29 101% May 101% May 22 5 650 300 900 3.900 100 93,300 20,500 800 1,450 60 50 50 25 Standard Oil (Ind) Standard Oil (Kentucky)..10 Standard Oil (Nebraska)...25 36,240 Standard Oil (Ohio) com..25 4,340 5% cum pref...........100 2,300 8wan 8c Finch OH Corp 25 380 7% preferred 25 3" 800 800 . 56. Jan. 4 6 18 30 Dec. Jan. Jan. 15 75 Dec. 20% Jan. 75 32 26** Jan. 6 30 Jan. 27 23 Jan. 16 28 Jan. 22 19 42 X 43 8% 42% Jan. 7% Jan. 29 Jan. 14 6 Jan. 23 Jan. 6 SX Jan. 14 6** Jan. 6** Jan. 7** Jan. 5 7 5 8 5 9% Jan. 19 44% 7** 7% 5% 5% 5% Dec. Dec. Oct. Oct. Dec. Sept. 8% 8 20 Sept. 24 8** ?« is ?* v* 8 Jan. 15 Jan. Oct. June 12 Jan. 28 3 Jan. 31 Sale 30 Jan. 8 34 Jan. 22 4 4 Jan. 29 60 70 60 Jan. 20 4% Jan. 69** Jan. 5** Jan. 4 6 Jan. 4 Jan. 4 9 Jan. 7 7 9** Jan. 5 12 Jan. 2 65 13 X 9% 19 32 36 X 21 Sale 10 9 32 Jan. 9 5 6 5 7 9 8 a 20 12 Sale 10 Sale 36 27 32 30 35 32 Jan. 15 Sale Sale Sale 17 48 "54"' 101H 104 26** 73** IX 7X Jan. 12 Jan. 4 18 24** 15% Jan. 20 24 Jan. 80 85 2 17 Jan. 4 14 13X 24 19 30 13 15% 14** Sale 13** Sale 90 83 Jan. 15 Jan. 1%: 10 Feb. 18% Jan. 18 9 % Dec. 35 3** loi"" 102% 13 3 23 21% Feb. 25 17** Mar. 23 14** Jan. 15 72 Jan. 27 69 31 7 15 30 18 27 17 28 8 31 Aug. 56 Aug. 129% Apr. Aug. 39 36 Aug. 3 Aug. 30 3 26% 16 Dec. Jan. 81 7 14 Jan. 11 Jan. 12 4 28** Jan. 16 5 85 Jan. 9 12 15 Jan. 12 19 14 2 13 10 102% Jan. Dec. Apr. 17 Jan. 27 25 if* 41* Sept. Jan. Aug. 25 13** Dec. 12% Dec. 38** Jan. 23% Feb. 16 23 36% Jan. 62% Jan. Dec. Dec. 106 78** Dec. 10 7 13 7 6 Apr. 20 4% Aug. 21 Dec. 4 17 Dec. 1 3 35** Nov. 67** Dec. 5% Dec. Mar. H Sale 5% Sale Sale 6% 7% 5H 2** Sale^ 2 Sale % 2** 2X 5 ** 2X Sale X Jan. Jan. 15 2 Jan. 2 Jan. 2% Jan. 2% Jan. 5** Jan. 14 14 5X X 1 4% Jan. 8** 9** 8% Jan. SX <»" 4** 4** 1-16 X X X IX % 9X 9X Sale 18 % Oct. 1% 1% 3% % % 1 Dec. 17 Dec. 17 1% Mar. 6 6% Feb. 17 6% Feb. 17 Sept. 24 7 Jan. Feb. 18 July 22 1 Mar. 24 3% Apr. 4 8 Jan. 2 £1 20,800 Coupon stock (bearer)..... 1,800 Registered shares ... 206,776 Carlb Syndicate com 25 139,200 Colon Oil Corp common ._* For footnotes see page 6 35 8 STOCKS. 259,400 American Maracalbo * 115,500 Arkansas Nat Gas com * 606,300 Class A » 49,900 Preferred. 10 10,600 Atlantic Lobos Oil com * 11,100 Preferred ...50 British-American Oil Co 700 , 45** 8X 10 New 4 15 6 24 10 Ohio Oil 6% cum pref....100 Penn Mex Fuel ..25 Southern Pipe Line....... 10 South Penn Oil 25 So West Pa Pine Lines 50 OTHER OIL 3,900 4,800 24,600 2,900 84 80 Jan. 33** Jan. 27 6X 7 7X Sale 7 10 6,050 Northern Pipe Line.... 25,910 7,710 13,300 96,400 3,300 1,742,500 397,587 11,680 8 10 New 500 600 9 35 1 12.50 New York Transit.. 34 85 28 Sale 44** SX * Indiana Pipe Line National Transit 26*1 25 * ... 100 31 755* 50 Chesebrough Mfg 25 Cumberland Pipe Line.....50 Eureka Pipe Line ..100 Galena Oil Corp.... * Humble Oil 8c Refining 25 OX 32 7 6 .25 6,575 6,050 6,800 204,700 393,846 Imperial Oil (Canada) 23,905 Registered 22,460 32,866 27,166 3 23 a* Mar. 12 Jan. 23 48 Dec. 10 OIL 4,250 Borne Scrymser Co 8,700 Buckeye Pipe Line 5,866 23 103** May 26 111% Mar. 9 5 17% Jan. 3** Dec. 17 2% Dec. 17 15% Mar. 19 2 3-16 Jan. 10* 1-32 May SUBSIDIARIES 50 4 24 28 110** Aug. 13 June 24 20 70** Feb. 18 5 9 112% Mar. 105% Oct. Mar. 18 June 30 110 101** Dec. 82 90 100 85 Feb. 26 Feb. 26 6 Mar. 2 Mar. 20 Mar. 16 101 40 7 ^ 30 Wisconsin P 8c L 7% pref.100 STANDARD Nov. 4 6% Feb. 25 Nov. 9 68 48** June 15 5% Dec. 17 34% Feb. 27 14 8 7 69% Jan. 10% Dec. 16 x35X Dec. 15 104% Mar. 9 Jan. 20 Nov. 28 7 Feb. 26 6 3% July 30 Dec. 17 8 8% Feb. 27 1 13 2% Mar. 3 % Dec. 21 Mar. 31 Dec. 23 108 22 76 Apr. 24 16 93** Dec. 23 105 14 1% Dec. 14 14% Feb. 26 Dec. 17 8 31% Mar. 6 Aug. 31 Dec. 18 98 14! 38 Feb. 10* Jan. 22 100 96 Dec. 1 62% Feb. 27 39 29 50 West Tex Util $6 pref _._..* 196 Winnipeg Elec Co com FORMER Dec. 22 76 Jan. 6 10 cum 68* 9 4 .... United Pub Service Co com.* $6 6 5 123% Sept. Feb. 23 97 ** July 2% Sale Uuitcd Lt 8c Power Dec. 10 10 United Gas 8c EI 7% pref.. 56,200 6 6** Aug. 106** Sept. 17 110 14** 9 8 6 161** Mar. 44 shares $7 preferred Warrants Oct. Jan. 12 19 19X 2OX2 65 : 2 17 50 19 40 40 3 * 26% June 31% Aug. 24 June 32 % 37 95 warr. United Gas com Jan. 9 i51 3** Nov. 27 1% Sale A 21 Oct. 110 210 Toledo Edison 6% prefl 100 110 7% preferred ,..100 100 Tri State Tel 8c Tel com * 7,900 Nov. 16 31% Aug. 8 29% Aug. 10 27% May 14 24% Mar. 20 May 27 103** May 27 104 1 2 9% Apr. ** Dec. II 70 19 Mar. 23 60 93** Sept. 11 Apr. 22 28 26** June 10 26% June 11 16 Dec. 16 Jan. 28 112 113** 110** Jan. 125 Tex-La Power 7% pref 100 450 Texas Pow 8c Lt 7% pref..100 1,450 Jan. ** Jan. 2 Jan. 15 25 19 27 29 3 26 1 23 28 Jan. x51 122 ill 110 110XU5 3% Sale 12 Jan. Jan. 150 IX 7% pref.100 25 22X Jan. 15 X X Sale 29 29 Jan. 14 19 14** 18 Jan. Jan. Nov. Dec. Dec. Dec. 9 Oct. ** 26% 23% 20** 14 23 Sale 21 100 So'west Lt 8c Pow $6 pref * 30 Springfield Gas Lt (Mass)..25 900 27X Jan. 40 100 Sou'west G 8c E 7% pref..100 Southwest Gas Utilities ♦ 2 21 23*1 Sale' partic orlg pref 25 200 Sou Calif Gas Co 6% pref..25 cum 22 % 6 Oct. 87 19 1 81** Nov. 13 26 % 300 6% preferred series A 4,000 Southern Colo Pow cl A...25 100 7% preferred 100 60,500 Southern Nat Gas Cocom_r__* Oct. 20 50 % Sale 25 17,500 Sou Calif Edison pref A Preferred B 55,000 5%% pref class C 48,800 3 93 Sept. 12 24 104% May 21 Oct. 27 100% Jan. 31 Nov. 5 87% Sept. 8 Dec. 3 50** Mar. 7 9 200 Southeast Gas 8c Water cl A. 900 Feb. 18** Dec. 28 4 Sept. 30 * 14,000 Shawinigan Water 8c Pow..* 300 Sierra Pacific Elec 6% pf. .100 250 Sioux City G 8c E 7% pref.100 11 May 269** Feb. 25 May 14 130 22 14 22 20 100 25 Scranton Elec $6 pref 10 Feb. 258 68 64 19 22 15 3,375 Railway & Light Securities.* 5,500 Rhode Isld Pub Serv pref...* Rochester Cent Pow com 250 Rochester G 8c E pref C 79% Oct. Dec. 96% July * Preferred D 100 2,000 60,200 Rockland Light 8c Power.. 10 Nov. 23 Dec. 72 * 900 55 130 3: .» com.. 16 Feb. 104% May 25 116 144 6 "§9% Jan7"27 166 ~ Jan" "27 100 380 rlOO 90 Sale 115 Sale Pub Serv of Oklahoma 475 Feb. Nov. 73% Oct. 201 Com $100 par stock....100 6% preferred... Mar. 18 103% June 55 9 June 60% Mar. 20 22 Sept. 23 18% Dec. moo 7% prior preferred Public Service of Nor 111 4 1-16 Dec. May 43 v. 20 Public Serv of Ind pref 14 31 ** Mar. 5 July 6 7 107 Mar. 2 14 34 1 37% May 28 June 4 5x American dep rets Option warrants.... Sale Prices. 16 Dec. 99** Oct. 32% Mar. 36 Feb. Piedmont Hydro-EIec Co 10 Highest. Sales Prices. Highest Lowest. Jan. 30. 2. Ask. Bid Bid. 34 ♦ 500 Phila Elec Pow 8% pref 75 Phila Traction Co. 13,300 1,966 YEAR 1931. RANGE FOR PRICES IN JANUARY. AGGREGATE SALES • 49 EXCHANGE CURB YOEK 16 Sale "iu'tH 8 7X % ** X X Jan. % Jan. 20 SX Jan. 22 6 % Oct. I Jan. 15 7** Oct. 8 % Dec. 16 % Dec. 16 Jan. 7' 5 16% 10% 2% 3% Apr. 23 Feb. 16 Mar.25 NEW YOEK CURB AGGREGATE SALES Shares. Jan. 1931. Shares. YEAR 1931. Price CURT) EXCHANGE 12 Months January. RANGE FOR PRICES IN JANUARY. NEW YORK In EXCHANGE 2 Jan. 1931. OTHER OIL STOCKS(Cond.) Bid. Ask. Bid. 2. Lowest. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Sale Prices. Jan. 30. Ask Bid. Ask. Columbia OH Ac Gasoline— 7.700 Vot trust ctfs 207,875 100 Consol Oil 100 22,955 700 68,300 2,300 268,300 31,300 19,600 112,900 1,425 22,450 1,300 1,600 1,500 24" 155 Consol Cosden OH Co 1 * common 1 Sale Sale X Jan. 54 Jan. X Oarby Petrol Corp Derby OH Ac Ref Preferred * ....... 1X 354 Sale '4W "~554 21 Gulf Oil of Pa 25 65 54 Sale 2 254 154 Sale IX Sale com ..... 25 Honolulu Oil 1 Oct. 3 754 Feb. fl 1 Dec. 15 254 Jan. 354 Jan. 8 26 54 Dec. 28 June 29 5 154 Oct. 1 ..100 Creole Petroleum Corp Crown Cent Petrol Corp 404,400 2 X 2 54 IX Jan. 13 654 Jan. 15 1 Jan. 26 X Jan. 9 154 Jan. 654 Jan. * common Preferred IX Sale Sale 5 Corp Royalty Oil 154 IX Sale Sale 2 52 26 X 21 28 Sale 254 Jan. 30 54 Jan. 4 Jan. Jan. Jan. Jan. Jan. 2 12 254 Jan. 22 30 Sale 154 54 IX 154 2554 Jan. 3154 Jan. 14 5 fiorp Ltd Sept. 9 154 Dec. 31 154 Dec. 14 25 Sept. 16 2554 Dec. 17 8 954 June 15 Jan. 9 3 54 June 25 X Feb. 13 5 Feb. 6 Feb. 13 13 4054 Mar. 24 76 Jan. 954 June 9 8 Indian Terr I Jum Oil Co.... 100 700 9,600 34,000 """455 2,900 200 14,400 11,500 400 39,775 Non-voting class A.......* Class B 15,900 292,600 Intercontinental Petrol.._lt 899,500 Intemat Petroleum com... * 400 Sale 13 54 Sale 54 Sale 14}| Sale 454 5 454 554 X 3-16 954 Sale 454 , : 5 454 Jan. 12 454 Jan. 28 1-16 554 954 954 454 454 54 1054 1-16 Jan. 28 854 Jan. 5 Jan. 12 Jan. 15 Jan. 11 14,200 Lion Oil Refining * Lone Star Gas. 300,241 Sale Jan. 54 6 6h Sale 24 278,400 Magdalena Syndicate... 2 354 54 4 2X 14 354 854 Jan. 1654 Feb. 10 1654 Feb. 10 54 Jan. 9 21 2 5 354 Jan. 22 454 Oct. 1 1554 Jan. Oct. 8 13 X Dec. 8 15 9 Mar. 10 154 Feb. 25 154 Mar. 12 654 Feb. 4 Jan. 19 Jan. 13 Jan. 5 Jan. 14 Jan. 5 154 Dec. 29 5X Dec. 16 i-ie Dec. 14 29 4 4 3-1 ( 7»/i 54 54 254 954 54 26 254 Jan, 754 Jan. 1-16 Jan. 5-16 854 Sale 1-16 Sale 9,600 Margay OU 650 4X Dec. 31 Dec. 28 5 Dec. 12 854 Jan. Registered Shares 17,900 Kirby Petroleum. 184,800 Leonard Oil Development..25 McColl 6,800 14 Jan. 27 VA Dec. 24 5 Jan. 754 Dec. 18 154 Jan. 29 1 X Oct. 17 754 Dec. 18 454 May 1 854 Jan. 12 54 Oct. 6 54 Dec. 31 54 Dec. 17 54 Oct. 5 X Aug. 17 454 Jan. 9 154 Jan. 8 Jan. 7 54 Jan. 6 54 Jan. 8 554 Jan. 9 2654 Feb. 10 Dec. 54 Jan. 24 54 Apr. 10 1 Jan. 31 Frontenac Oil— 6% preferred ..100 20,100 Mexico-Ohio Oil Co 9,900 Michigan Gas & Oil Corp • 2 * 154 Sale 3 254 y\ 54 • 2X 54 Jan. 2 2 14 Middle States Petroleum— 2,200 1,000 12,300 5,600 "3",455 9,000 8,000 44,600 Class A vot trust ctfs * X Class B vot trust ctfs 33,500 * 417.350 Mo-Kansas Pipe Line 5 Class B v t c 100,000 ......1 6.200 Mountain Ac Gulf Oil 1 64,300 Mountain Producers Corp.IO 162.050 National Fuel Gas 16,750 New Bradford OH 4,400 New England Fuel Oil 5 1 Jan. 9 54 Jan. 28 1 Jan. 4 1-16 Jan. 6 254 Jan. Sale 1 54 X 154 Sale 154 6 Sale 4H Sale 21H Sale IX Sale 254 Sale 1254 1354 54 X 54 2 11 Jan. 154 Jan. 11 54 Jan. 13 254 Jan. 11 3-16 Jan. 15 Jan. 13 3 1354 Jan. 14 54 Jan. 9 5 54 Jap. 29 400 Nor Amer Oil Consol......10 800 4,000 6,500 3,400 2,200 3,600 6,800 140 l"555 100 13,400 North Cent Texas OH 544,700 North European Oil com....* 96,900 Pacific Western Oil Corp * 293.900 Pandem Oil Corp • 81,520 Pantepec Oil of Venezuela..* ... 24,800 110,800 101,000 3,400 1,850 85,300 44,700 2,400 1.900 100 400 400 -3,000 To'666 3,400 1,200 Bank Oil X 17 1 Sale Root Refining * common Prior ii 4i X 54 54 "54 654 Sale 54 Sale 54 554 54 Sale 54 54 54 Jan. 54 Jan. 454 Jan. 54 54 654 54 54 2 4 4 1-16 Jan; 9 Jan. 6 54 Jan. 2 Jan. 8 Jan. 15 Jan. 4 Jan. 6 654 654 Sale^ 54 654 Jan. 54 Jan. X 54 44 754 Jan. 15 54 Jan. 4 4954 Jan. 30 2 14 Jan. 7 54 Jan. 54 Jan. 4 "354 ~~7X • ...10 25 2X * 7 5 2X Sale Sale 54 Jan. 27 :::: ""254 154 354 1 IX 654 Sale IX 2X 14 54 Jan. 6 54 Jan. 14 54 Jan. 27 X 154 54 54 * Union Oil Associates ...25 10 Universal Consol OH......10 Petroleum 8X 9X 21X Sale 554 11 554 Sale Jan. 7 X Jan. 354 Jan. 11 4 54 Jan. 30 354 Jan. 16 154 354 54 354 Jan. 54 Jan. 2 6 354 Jan. 7 54 Jan. 12 3 4 Sale 1 554 1054 654 1054 Jan. 1 7 if 5,800 Wood ley Petroleum Corp...* 71,400 "Y" OH Ac Gas Co _* 54 2* 54 Sale 254 254 54 Sale Jan. 12 5-16 Jan. 28 154 Jan. 54 Jan. 7 5 20 2 8 Jan. 19 54 Jan. 2 Jan. 54 Jan. 54 Jan. 2 54 Jan. / 654 Jan. 21 554 Jan. 15 11 54 Sale 5 18 54 June 1 Oct. 5 54 Dec. 9 6 4954 Dec. 16 54 Dec. 9 X Dec. 24 X Dec. 15 7 2 Dec. 15 154 54 54 54 254 May Nov. Dec. Dec. Dec. 29 16 31 30 18 1 i154 54 Sale 354 4 1 354 354 154 3 354 Sale 54 7-16 5 Texon Oil At Land Co 1-16 Dec. 2 3 10 10 Salt Creek Producers IX 17 15 23 29 11 17 4 6 954 X 54 654 54 54 Dec. 28 4954 IX __* ..... Salt Creek Consol Oil. 129.350 Venezuelan X 5 • 100 Swiss Oil Corp 38,000 23,400 100 13,300 700 1,400 Red Reiter-Foster OH Corp • Richfield Oil of Calif pref..25 1,900 Shreveport El Dorado 134,000 Southland Royalty Co 318,781 Sunray Oil " l",606 5 Sale IX Sale Producers Royalty Co.. * Pure Oil Co 6% pref ...100 pref.. 4,500 Royalty Corp pref 19,400 Ryan Consol Petroleum 12,600 100,800 5-16 Petroleum Corp of Amer— Stock purchase warrants.. Plymouth Oil X Sale a?* X Sale 654 Sale Dec. Dec. June Dec. June Dec. X Dec. 254 Oct. 2 Dec. 18 354 Dec. 21 X Dec. 15 9 54 Oct. " 2 254 Oct. 954 Oct. 17 11 Jan. 7 54 Oct. 15 154 Sept. 21 X May 11 11 Jan. 7 Apr. 9 June 11 Feb. 10 Mar. 19 20 54 Feb. 9 2 Feb. 21 15 Feb. 154 Jan. 9 Feb. 21 Jan. 3 Jan. 9 Jan. 10 Aug. 26 11 Jan. 27 5 Aug. 31 654 Aug. 31 354 Jan. 15 19 454 8354 254 354 Feb. 10 154 Jan. 754 Jan. 10 13 12 2 24 9 13 9 7 7 25 11 3 7 Aug. 754 554 54 1254 2454 11 154 354 25a Jan. Feb. Oct. Feb. Jan. Jan. Jan. Feb. July MINING STOCKS 300 Arizona Commercial 900 15,375 125 725 200 10 10 20 1,000 6,600 8,000 1,800 1,709 2,800 128,700 230.800 113.100 "I",755 1,200 24 20 2154 19 IX 254 Sale Sate , 1 54 2 54 54 X X Sale X Sale 2X Sale 5-16 54 Consol Cortez Silver Mines. .1 '50"" "65"" Consol Mln & Smelt Ltd...25 Copper Range Co 25 Cresson Consol G M At M 3usl Mexicans Mining 22 Jan. 29, 24 Jan. 13 19 25 25 Jan. 12 20 Jan. 13 ~6X Sale" "X "~X 20 Preferred 1 5 5-16 IX X IX Jan. 21 Jan. 25 Jan. 2! Jan. 14; Jan. 2j 354 Jan. 2 4 5 6 "54 '"54 5-16 """54 54 Jan. 54 Jan. 454 ~~X ""54 654 454 Jan. "54 7-16 7-16 Jan. 100 65,000 Falcon Lead Mines 1 1 7,500 Gold Coin Mines 5 110,900 Golden Centre Mines 53,000 Goldfield Consol Mines....10 1-16 Sale^ 54 54 54 154 54 54 154 56" "70" "■55"""Jan.""5 " 254 454 * Evan* Wallower Lead... 54 54 54 54 54 154 54 1 ..1 10,700 Eagle Picher Lead Co 25,200 Engineer Gold Alines Ltd 100 ■"'155 2354 1754 4,200 Chief Consol Mining. 1 133,800 Corastock Tun At Drainage 10c 105,800 Consol Copper Mines 1 Tioo Sale 13-16 May 4 13-16 May 4 20 54 Dec. 15 53 Feb. 25 01754 Dec. 31 4454 Mar. 2 Cop Mln— American shares 14,600 5,400 Carnegie Metals 3,900 3,800 100 46 Voting trust certificates... Swana M'kubwa 100 6,200 ...5 Bunker Hill At Sullivan 5-16 Jan. Jan. 55 12 7-16 Jan. 454 Jan 9, 25 7 8 28 7-16 Jan. "§ " "l"-l6"Jan. "25 13 1-16 Jan. "5 354 Jan. 21 54 Jan. 14 28* 54 Jan. 54 Jan. 21 5 Jan. 2 Jan. Jan. 19 9 Jan. 54 Jan. 21 1-16 Jan. 7 54 Dec. 30 54 June 13 54 Aug. 14 54 Dec. 29 54 Dec. 30 1-16 Jan. 29 Dec. 23 54 154 Dec. 28 54 Dec. 15 3-16 Sept. 21 454 Apr. 24 54 Mar. 18 54 Dec. 16 o9 Dec. 31 1-16 Feb. 11 54 Jan. 15 54 Dec. 28 1-16 Sept. 8 Jan. Jan. Feb. Jan. 1-1& Jan. Jan. Jan. Jan. 2,000 3,500 5,300 American deposit rets 7 55.300 Hecla Mining Co ...25c 62,200 Bollinger Consol G M......6 232,750 Hud Bay Mln At Smelt * 754 Bale 6X Sale 4 X Sale 454 454 54 54 3,300 Kerr Lake Mines 4 Mrkland Lake G M Ltd 54 2 3.800 Iron Cap Copper ...10 200 Isle Royale Copper Co.....25 2,800 4,100 26,400 554 454 254 1 454 5 454 454 254 Sale 300 2,300 800 4,200 9,400 Lake Shore Mines Ltd X 3-16 700 2,800 11,400 100 59,900 New Jersey Zinc 54 Jan. Sale" 17 1 New Mont Mining Corn 1# N Y At Hond Rosario M 10 NIplssIng Mines Ohio Copper 5 54 43 X 10 1 Pacific Tin special stock....* 354 Sale Sale 10 Sale 11 Sale 1354 1354 i-it 1y8 10X Pioneer Gold Mines Ltd 2,500 Tonopah Belmont Devel 1 3.400 Tonopah Mining.. .....1 2,600 419.200 "l~,555 7,900 3,700 23,000 1,000 200 United Verde Extension 5 300 United Zinc Smelting......* Utah Apex .......5 For footnotes 18 Sal* 6 10 2 4 2X Jan. 6 Jan. 2354 Jan. 5 u%«« 56 154 Jan. 1254 Jan. 54 Jan. 11 22 1154 Sale 1454 54 54 Sale 2 354 254 3 13 13-16 6 Jan. " 954 Jan. 13 Jan. 29 54 Jan. 18 1-16 Jan. 4 2554 Jan. 26 254 Jan. X4 254 Jan. 4 * 2 Sale 654 654 1-16 Sale 3 15-16 Sale "i"" 6X Sale 154 Sale 3 454 54 Sale 354 1-16 "~X Sale' 8 Sale 454 54 8 Jan. Jan. 14 Jan. 15 Jan. 21 Jan. 11 Jan. 26 4 1 28 11 5 30 21 30 9 Mar. 11 854 Apr. 1 654 Mar. 21 154 Mar. 2 4 May 5 54 Nov. 10 54 Mar. 24 2854 Apr. 7 8 4 5 554 3-16 Sale 154 3 54 354 3 454 54 4 Mar. 17 Apr. Apr. 6 4 14 Feb. 26 Jan. Nov. 9 Jan. 5 Mar. 19 11 Feb. 24 1 254 354 Jan. Jan. 4 21 Apr. 9 Dec. 30 5 Jan. 4 1-1 Jan. 2 154 Jan. 2 9-16 Jan. 9 Apr. 13 154 Jan. 20 June 17 Jan. 4 Mar. 20 3-16 Jan. 23 6 254 Jan. 20 Jan. Mar. 26 6 Mar. 17 54 Jan. 6 54 Jan. 23 7-16 Jan. 15 4 Jan. 4 9' Jan 2 EJan 26 May 26 Sept. 26 Jan 15 June 20 454 Jan 9 Apr. 6 June 16 354 354 354 Jan. 25 54 Jan. 454 Jan. Apr. Mar. 6 6 Mar. 31 54 54 154 254 .1 ft June 354 Oct. 154 Dec. 54 Dec. 4 May 54 Dec. 54 Sept. 17 54 Sept. 3-16 Jan. "54 ""54 54 Jan. 7 54 Jan. 1-16 Jan. 6 3-16 Jan. 4 254 Jan. 25 54 Jan. 254 Jan. 54 Jan. 13 7: 1 I* 4 22 Mar. 31 5-16 Jan. 25 "454 Sale" 154 1854 54 2854 1454 1354 10 54 Jan. 5 154 Jan. 20 13 X Utah Metal At Tunnel.......1 12.000 Walker Mining 118,000 Wenden Copper Mining 16,400 Wright-Hargreaves Ltd •5,300 Vukon OoM CV> 1754 5-16 22 1 ""855 *'"855 25 7J4 Sept. Apr. 14 25 3,400 200 7,500 100 Jan. 9 16 28 30 Mar. 16 Mar. Mohawk Mining...........25 Moss Gold Mining Ltd 76,720 Premier Gold Mining 1 3,636 Qulncy Mining 25 27,400 Roan AntelopeC Mines Ltd.. 351,550 St Anthony Gold Mining 1 70,600 Shattuck Denn Mining ,* 500 Silver King Coalition .....5 25,600 So Amer Gold At Plat.. 5 ...1 8,920 Standard Silver Lead 7,900 Sylvanite Gold Mines Ltd—1 303,600 Teck Hughes 1 2,300 49,500 1,400 14 5 Amer 500 Pond Creek Pocahontas....* "4", 555 554 Jan. 54 2454 ....1 3-16 dep rets, ord reg 6,071 Lucky Tiger Comb G M....10 12.900 Mining Corp of Can 5 3,876 22,600 55,900 197,598 10,100 92,600 521,000 3,350 .37,400 4 4 1 London Tin Corp Ltd— 200 454 Jan. 454 Jan. Sept. 10 7 29 754 Mar. 30 154 Mar. 30 354 Feb. 27 o9 Dec. 31 54 Feb. 27 54 Jan. 23 2 Feb. 9 Govt Gold Mining Area— 500 2 2 Mar. 30 3-16 254 Sale 254 6 June 26 June 26 Feb. 16 Feb. 28 Aug. 27 Apr 20 NEW NEW YORK January. Jan 2 1931. Bid. 1942 72,000 Abbott's Dairies 6s... 4,985,000 Alabama Power 4 lis 1967 1st tc ref 6s .1956 484,000 5s 1968 835,000 1st 5s 1946 3,000 1st &ref 5a 1951 1,000 3,361,000 Aluminum Go s f dob 5s..1952 1948 1,207,000 Aluminum Ltd 5s._ 1943 101,000 Amer Aggregates 6s .253,000 93,000 20,000 93,000 174,000 371,000 50,000 142,000 3,850,000 Amer Commons 678,000 343,000 537,000 899,000 9,697,000 456,000 620,000 122,000 5,311,000 911,000 231,000 45,000 65,000 6,000 Deb s f 5s 1948 1.654.000 4% notes... ...1933 1,641,000 504,000 Amer Seating 6s......1936 91,000 Amer Solv 8c Chem 6s .1936 6 >$8 without warrants. 1936 18,000 1956 2,802,000 Appalachian El Pr 5s Appalachian Gas Corp— Con* deb 6s..... 1945 7,007,000 Conv deb 6s series B 1945 4,370,000 297,000 Appalachian Power 6s...2024 1956 4.189,000 Arkansas Pr 6c Lt 5s 42,000 Arnold Print Works 6s... 1941 97 Ask Sale Jan. Bid. 2. Ask Ask Amer Gas 6c Elec deb 6s ..2028 77 "85" Sale" 89 85 121,666 142,000 22,000 289,000 1,000 212,000 123,000 654,666 118,000 5,443,000 77 Sale 96 H 11 Sale Sale Sale 327",000 1,443,666 13,399 ,000 1,000 159,000 1,125,000 878 ,000 13,063 ,000 2 ,000 215,000 419,000 12,000 5,000 2 ,000 1968 5s registered... 5'tS-._ 49,000 24,666 162,666 110,000 192,000 15.000 1,000 1938 524s registered.. 1949 series C— 4248 C registered 8 16 Jan. 28 40 Jan. 28 5 2 5 11 8 Jan. Jan. Jan. Jan. 12 5 14 95 27 19 41 Jan. 27 46 Jan. Sale 27 Jan. 37 Jan. 7724 Sale 77 36 Jan. Jan. 87 Jan. Jan. Jan. 1977 ......1950 5%% 22 6 Sale 29 Sale Sale 27 Jan. 76 H Sale 74 Sale 73H Jan. 30 Sale 80 Jan. 29 Jan. 8424 Jan. 14 9 62 81 44 Sale 43 Jan. 14 39 Jan. Jan. 29 5 5324 Jan. 55 65 Jan. 15 34 4 37 Jan. 19 15 Jan. 7 15 Jan. 7, 83 Jan. 29 91 Jan. 18 8% Jan. 7% Jan. 7 16 Jan. 26 4 1324 Jan. 28 Jan. 14 8224 Jan. 14 Sale 38 35 101H Sale 91H Sale 96 H Sale 100 H Sale 35" Sale' 86 Sale 8 Sale Sale 49 24 Sale 80 Sale 85 * Sale Sale 77 Sale 54 80 Sale Jan. 13 75 Jan. 5 25 97 H Jan. 19 51 Jan. 7 _ 85 Jan. 38 71 Sale 3924 Sale Sale 36 Jan. 7 36 24 Sale 36 Jan. 30 371,000 Beacon 524 Dec. 28 5% Dec. 28 89 Feb. 10 75 Feb. 3 7024 Dec. 17 10624 May 25 73 Dec. 17 10224 May 21 69 !Dec. 29 86 July 23 1724 Apr. 22 4424 Jan. 14 Dec. 37 33 24 Dec. 18 4224 Dec. 96,000 29,000 25,000 5,000 17,000 23,000 263,000 1,324.000 278,000 384,000 160,000 1935 5 33% Jan. 4 3924 Jan. Sale 33 Jan. 33 Jan. 6 3224 Dec* 17 33 24 Dec. 31 91 Sale 45 Sale 41 Sale 41 Jan. 7 37 Jan. 9 35 6824 Sale 39 Sale 37 H Sale 3624 Jan. 6 44H Jan. 14 3324 Dec. 18 34 Jan. 4 4024 Jan. 15 3024 Oct. 16 30 Jan. 7 35 Jan. 28 20 Oct. 6 88 Jan. 6 88 Jan. 6 88 7 69H Jan. Dec. 30 103 Oct. 3 90 6 Sale 81 Sale 6724 Sale 5224 Sale 6624 Sale 6524 Jan. 47 70 562 Jan. Jan. s94 2,000 9,000 112,000 3,308.000 1,345,000 5s series D 48 j Dec. 22 75 Jan. 26 82 Dec. 18 102 Mar. Dec. 110 Mar. 93 Dec. 85 Central Pow Ac Lt 5s 9 23 3724 Jan. 9 Jan. 23 90 96 Jan. 28 Deb 5^s Sept 15 1954 5s series A 96 Feb., 3 Sale 87 Sale 84 Jan. 5 81 Dec. 107 24 June 5 Sale 87 Sale 83% Jan. 8324 Jan. 6 8924 Jan. 89H Jan. 21 85 16 Dec. 107 4 89 Jan. 14 80 79 Dec. 107 28 79 Jan. 8 75 Dec. 25 7524 Jan. 25 8124 Dec. 96 Apr. 98 70 Jan. 75H Jan. Sale Jan. 21 8824 Jan. 8 100 93 14 Jan. 28 Jan. 12 103 Jan. 97 100 Jan. 2,000 2.000 61.000 293,000 1,111,000 Deb 5Hs 1935 Sale 9824 Sale 99 h Sale 76 107 Sale 103"" Sale Sale 10224 Sale 96 H Sale 9824 Jan. 7324 Jan. 79 72 73 Jan. Jan. Jan. 22 70 Sale Sale Sale 72 Jan. 8024 Jan. Sale 8624 Jan. 30 70 Sale 6824 Jan. Sale 77 5 30 21 78 15 Jan. 12 Jan. 2 6 89 94 H Mar. Jan. Jan. Jan. 12 61 Dec. Dec. 94 H May 13 18 102 24 May 14 77 Oct. 31 8724 Nov. 30 10424 June 90 Dec. 29 10424 July 74 85 75 7 19 92 6624 2124 Sale Sale 5824 Jan. Jan. 5 Sale 34 Sale 3024 Jan. 5 Sale 36 H Sale 35 Sale 33 Jan. 5 42 Jan. 8 Sale 46 % Sale 53 Sale 4424 Jan. 6 5324 Jan. 28 35 95 60 H 77 91 99 Sale Jan. 8 6924 Jan. 29 87 14 14 1924 Dec. 18 14 28 Jan. 8 7224 Jan. 7924 Jan. 5024 Jan. 22 29 Jan. 6 90 76 Jan. 25 46 Jan. 29 48 Jan. 9 33 Jan. 20 5324 Jan. Sale 6 50 25 Sale 42 % Sale 4524 80 Sale 582,000 2,896,000 Cities Service Gas 5H>—1942 1,076,000 Cities Serv Gas Pipe L 6s.1943 6,654,000 Cities Service P 6t L 5H«-1952 1954 290,000 Cle*e Elec Ilium 5s Deb 7s 1941 220,000 5* series B 1961 76,000 5s 1939 474,000 5,000 2,000 10,000 4,000 1,038,000 261,000 3,048,000 1,227,000 58 57 4224 Jan. 4324 Jan. 4724 Jan. 5224 Jan. 15 16 39 5724 Jan. 19 4624 Oct. Jan. 14 Sale Sale 5124 Jan. 5524 Jan. 5324 Jan. 9924 Jan. 5224 Dec. 4924 Dec. 9924 Dec. 105 July Sale 9924 Jan. 9924 Jan. 847,000 4 4s series E 1960 2,287,000 4s series F 1981 7,287,000 1st mtge 6s. .1943 57,000 1st mtge 5s 1943 137,000 872,000 Community Pow Ac Lt 5s.1957 17,000 Conn Lighting A Pow 7s 1951 114.000 Consol Gas N Y deb 4 4s. 1951 9924 5824 Jan. 14 Jan. 4 27 101 Jan. 19 10224 Jan. 9 9 102 Dec. 21 Dec. 19 Dec. 18 3924 Oct. 99 5 Dec. 9924 Dec. 7724 Apr. 21 9024 Jan. 9 9624 Feb. 10 76 Jan. 8 8224 Mar. 23 83 89 Jan. 84 107 Jan. 107 Jan. Jan. 8 15 26 Apr. 22 27 10824 Sept. 10 107 Sept. 11 3 Jan. 11 94 Sept. 25 10024 May 21 3624 Sept. 30 85H Jan. 13 19 May 19 15 Nov. 11 22 29 26 24 Dec. 24 Jan. Jan. 28 14 Jan. Jan. 13 25 Jan. 22 Jan. 11 3924 Jan. 9 19 10 2524 Dec. 28 43 .Tan. 5 2824 Dec. 23 Prlvat 79 H 56 53 H 99 H 60 3 100 H For other footnote* see page Sale Sale June 11 9424 Mar. 20 10 10224 May 29 5024 Dec. 28 9524 Jan. 21 Mar. 20 39 Oct. 6 73 June 25 58 June 25 58 18 3324 Dec. 30 35 1937 5Hs 54 10024 Commonw Edison 4 H« 1957 4 4a series C. .........1956 Bank Sale' Nov. 25 104 62 % Dec. 84 Dec. 19 ..1933 36,000 Cleveland Ry Co 5s 1941 163,000 Cleve Term Bldg 6s 6,000 Col Riv Longv Bridge 6H* *53 351,000 Commander Larabee 6s.-1941 68 certlfs of deposit .1941 7,000 7524 Sale" Sale^ 8724 Mar. 26 16 Sale Mar. 24 77 26 45 H 31 7 1 Jan. 3724 Jan. May 96 24 Mar. 19 Mar. 21 81 71H Mar. 23 5 Jan. Jan. 04. Oct. 60 5324 5524 Sept. 30 9324 July 31 1 : Oct. 64 60 Sale Sale 3o:t 20 9 17 Dec. 17 57 57 H Dec. 18 Sale 13 20 16 2024 62 H Sale Sale 2 27 28 30 22 6 8824 July Aug. May 101H Feb. 10124 July 9624 May 88 105 Dec. Dec. Dec. 80 77 Jan. " Jan. Jan. Dec. 9024 Jan. 2 Jan. 11124 May 18 9824 Sept.10 10724 June 19 7024 Dec. 7024 Sept. Jan. 76 85 15 15 23 102 9524 Dec. 69 Dec. 21 33 59 70 72 250,000 123,000 96,000 18,000 6 Mar. 24 6924 Jan. 7124 Jan. 2724 Jan. 3924 Jan. Sale Cummers und 10624 Apr. 23 10624 Sept. 14 Jan. 28 8924 Jan. 89 Sale Sale 109",000 9 Oct. Jan. Jan. 60 92 86 191,000 93,000 649,000 151,000 Feb. Aug. 14 Jan. 19 Nov. 11 101 Jan. 4 89 72 H 19,000 103 Mar. 23 82 79 682a Jan. 224,000 Cincinnati Street Ry 5Hsl952 6s series B 1955 271,000 .1966 2,536,000 Cities Service 5s... Conv deb 5s ....1950 78,814,000 93,000 5,496,000 100 Sept. 104 24 Jan. Oct. 102 77H Jan. 85 2f: 72 H 85 Jan. 22 1.000 87,000 34,000 99 105 Dec. 75 21) 77 Sale 732^ Jan. 4 100 4! 87 85 Chic Pneum Tool 5 Hi 1942 Chic Rys 5s ctfs of dep..1927 5s certlfs of dep reg 1927 Cigar Stores Realty— 5 Hi 1 series A ...1949 968.000 982 100 May 21 May 27 Aug. 20 70 73H Jan. 1959 ...1970 9 4 9924 Mar. 30 8424 Feb. Chicago Dlst El Generating 4Hs series A 9224 Mar. 23 Dec. 21 10124 July 78 3 9924 Nov. 13 10324 Sept. 9 5 1 Jan. 3 Jan. 12 30 Dec. 29 60 24 Mar. 24 85 H 1956 Cent States Pr 8c Lt AHs.1953 Cent Vermont Pub Serr— 9 17 Sale D..1957 Cent Pub Serr deb 5 Hi—1949 Cent States Elec 5s 1948 Jan. 533 16 Sale ..1955 ser Aug. 21 20 Jan. 95H~Jan""7 Sale 4 6024 Apr. 16 57 Feb. 18 54 Jan. 90 4H> E..1957 Central Power 5s 15 29 3724 Jan. Sale 1981 Cent Maine Pow Dec. 85 84 Cent 111 Pub Serr 4 Hi F.1967 5s Series G 1968 4Ha series H 14 14 33% Jan. Sept. 24 8024 Feb. 28 77 Feb. 27 7624 Jan. 9 45 Nov. 10 73 Mar. 9 3324 Dec. 31 9624 Jan. 9 80H Feb. 28 34 24 1960 659 000 Cent Arizona L 6c P 5s 1,036 000 Central 111 El Ac Gas 5a_..1951 2.271,000 918,000 163,000 421,000 16,000 106,000 2,769,000 11,856.000 4,667,000 5,995,000 2,135,000 Dec. 30 29 Sale 82 24 1956 12 14 Sale ...1953 1,978 000 Carolina Pr Ac Lt 5s 3,889 000 Caterpillar Tractor 58 Dec. Jan. 37 35" 1947 243 000 Capital Admin 5s A Without warrant 433 000 8 37 1947 1935 1,233 000 Canadian Nat Rys 7s 20-year guar 4Hs 1951 6,176 000 157 000 Can Nat Steamships 5s..1955 May 5 Dec. 10 Sale Copenhagen 15-yr 6s._1940 58 000 Canada Cement 5 Ha S3.000 307,000 7.000 26,000 43.000 266,000 106,000 29,000 80 12 10 34 Burmel8ter Ac Wain Co of 50,000 Mar. Dec. 22 Sale 1933 302,000 Boston 6c Maine RR 6s 27,000 Brooklyn Boro Gas 5s A. 1967 1956 143,000 Buffalo Gen Elec 5s 1,000 94 63 H warr 361,000 Boston Consol Gas 5s Dec. 19 65 Oil 6s with warr. 1936 19,000 28 50 1 1942 2,000 Belgo-Can Paper Ltd 6s.. 1943 1955 2,538.000 Bell Tel of Canada 5e_. 1st M 5s ser B June 1 1957 2,858,000 5s series C ...1960 1,783,000 968,000 Birmingham Elec 4Hi 1968 1959 523,000 Birmingham Gas 5s 77,000 Boston & Albany RR 424® '78 9724 Feb. 4 9824 Apr. 6 70 Feb. 25 Mar. 24 924 Dec. 18 56 9 Dec. 18 55 Mar. 3 8324 Dec. 30 10424 May 14 Jan. 39 65 Dec. 30 Dec. 30 Dec. 16 54 30 21 43 83 15 108 Apr. 17 Dec. 12 10224 Apr. 11 86 19 5424 Jan. 25 ■v..-; 1933 Bates Valve Bag 6s with stock purch Dec. Jan. 7 Aug. 2 7024 July 8 43 Dec. 18 8324 June 25 3124 Dec. 22 7024 Apr. 14 73 Dec. 15 101 July 27 48 Dec. 29 94 June 24 30 Dec. 10 7024 July 7 15 Locomotive Works notes Dec. 31 Dec. 30 Dec. 31 15 22 372 20 7 452 2 9324 Dec. 17 10524 Apr. 66 Dec. 24 101 Apr. 24 Jan. 9 Dec. 18 77 45 30 29 6 6 27 97 1949 5 Mi* Conv deb 5s 34,600 18.660 15 98% Jan. 7124 Jan. 17 10424 May 18 31 10524 Aug. 11 9524 Dec. 30 09 Dec. 30 Dec. 30 Dec. 30 1938 4 4s 1,584,000 Assoc Rayon Corp 5s....1950 1,021,000 Assoc Simmons Hard 6 4s 1933 35,000 Assoc Telep Co Ltd 5s._.1965 3,354,000 Assoc Tel 8c Tel 5H» A...1955 1944 4,853,000 Assoc Tel IJtll 2-year 6% secured notes.'33 265,000 6,000 Atlantic City Gas 5s. 1960 19,000 Atlantic Fruit & Sugar 8s 1949 ..1943 256,000 Attn* Plywood 5*4a._ 859,000 Jan. 65 1968 Baldwin 1,000 6 9H Jan. Assoc Dyeing 8c Printing— 6s with warrants......1938 5». Dec. Dec. 9 22 8 25 6 Highest. Sale Prices. Sale Prices. Dec. 11 102 Nov. 6 Dec. 18 7 9924 Jan. 15 6 Jan. Jan. Jan. Jan. 91 4 Hi-.1947 Rolling Mills.... 1953 91 3H Jan. 93 % 67 H Sale Amer Radiator deb 4 Associated Elec 424a 8424 Jan. 9624 Jan. 30 40 1953 American Power 6t Light 6s without warrants..2016 26 29 Jan. 95% Jan. Sale 848 ,000 Assoc Gas & Elec 4^8---1948 1 ,000 424 s registered 1948 16,313 ,000 28 ,000 3,303 ,000 138,000 77,000 8,000 L Jan. Jan. 9924 Jan. 90 104 Amer Gas & Power 6s....1939 5s Lowest. Highest Sale Prices "82" Sale" "77" Sale" l03" Sale' Amer Rlec Pow deb 6s...1957 Amer 200,000 Pow 6s. 1940 Lowest. Sale Prices. Jan. 30. Bid. Deb 5%e 1953 Am Community Pow 5Hi 1953 Amer & Continental 5s.. 1943 1,103,000 YEAR 1931. Price CURB EXCHANGE 12 Months 1931. BONDS 138,000 12,000 13,000 42,000 30,000 428,000 53,000 40,000 RANGE FOR PRICES IN JANUARY. AGGREGATE SALES In 51 EXCHANGE CURB YORK Sale Sale 38 H 93 Sale Sale 35 Jan. 4 14! 30 Dec. 87 Sale 86 Jan. 27 93 Jan. 2 91 Dec. Jan. 5 90 Dec. 5 90 Dec. 4324 Jan. 8724 Jan. Sale 166"" Sale" 29 93 86 92 % Jan. 28 26 9324 Jan. 8224 Jan. 9 5424 Jan. 14 8024 Sale 75 H Sale 75 Jan. 5224 Sale' 52% Sale' 45 Jan. 5! 7524 Dec. 11024 July 107 Apr. 51 24 Dec. 114 Nov. 10124 May 87 24 10524 10524 10324 9424 116 Mar. 6 June 3 6 June May 23 Aug. 17 Apr. 29 110H July 1 92 July 17 11924 Sept. 3 10124 May 27 NEW 52 NEW YORK January. 12 Months 1931. $ RANGE FOR PRICES IN JANUARY. AGGREGATE SALES In EXCHANGE CURB YORK Price Jan. 2 1931. CURB EXCHANGE Bid. BONDS (Continued) Ask Jan. Did. 2 Ask. Lowest. Ask, Highest Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Consul GCL&P Balt- 20,000 "2",666 , 42,000 179,000 62,000 148,000 3,000 4,000 364,000 874,000 62,000 322,000 136,000 153,000 455,000 4,807,000 &H* series £ 5s series F 4Xs series G 44» series H 1st ref s f 4s... Consol Gas Utilities— 799,000 6>6s with warrants 1943 1,772,000 1st & coll 6s ser \ 1943 199,000 Consol Publishers 6Ms.. 1936 57,000 Consol Textile 8s 1941 1>,356,000 Consumers Power 4Ms.-1958 12,760,000 Continental G 8c£15s 1958 1,165,000 Continental Oil 54a 1937 10,000 Cont Roll & Steel Fdy 6s.1940 70*.660 40,000 1,000 7,000 2,000 9,000 2,000 '3'555 156,000 21,000 "2",o5o 36,000 17*,655 2,000 428,000 516,000 100,000 615,000 "3",555 it,555 291,000 824 Sale Sale 146,000 53,000 1,247,000 1,062,000 420,000 139,000 1,807,000 527,000 469,000 Sale 4 21 Jan. 31 76 Jan. 26 Jan. 29 Jan. Jan. Jan. Jan. 18 5 20 22 20 30 94 29 664 Jan. 8 Sale 15 27 72 884 Jan. 584 Jan. 784 Jan. Sale Sale 814 Sale 884 584 105 Get. 1034 May 1024 Nov. 5109 2 106 4106 96 81 Dec. 24 1055 Dec. 15! 995 8 10 Dec. 28 Jan. 8 Jan. Jan. Jan. 20 234 Dec. 17 88 70 Dec. 18100 8 16 4 2 85 Jan. 18 19 81 Sept. 16 Fell. 8 Sept. 10 Sept. 16 Sept. 8 Mar. 19. Mar. 19 Jan. 26 Mar. 10 13 35 Dec. 17 1054 May 22 Mar. 19 554 Dec. 17 Jan. 16 78 Dec. 17 95 Jan. 9 9 96 96 Jan. 17 Feb. 90 1942 Series A with warrants.... 5s series A without warr... Crane Co 5s 1940 Crucible Steel 5s 1940 Cuban Telephone 7Hi*--1941 Cuban Tobacco 5s —1944 Cudahy Pack deb 5H«—1937 5s 1946 Cumberland Co P & L 44§ *56 "944 Sale 101 5 Jan. 12 38 11 46 45 Jan. Jan. Jan. 11 394 Dec. 29 80 Jan. Jan. 30 89 Jan. 15 82 25 Jan. Jan. 70 25 70 83 6 764 Jan. Sale 86"" Sale" 4 75 66 42 82... Jan. "2 14 75 954 Jan. 844 Jan. Sale Jan. 8 14 84% Jan. 14 95 85 29 99 Jan. 7 97 81 Sale 4 95 Jan. Jan. 61 Jan. 6 324 Jan. 27 93 23,000 Dallas P & L 5s series C..1952 63,000 Dayton P & L 1st & ref 5s '41 Delaware ElecPow5M*—1959 Deny 8c Salt Lake Ry 6s..I960 6s series A 1950 Detroit City Gas 5s B...1950 6s series A 1947 105 20 Detroit Int Bdge 6Ms... 1952 3,555 6Ms certifs of deposit- . 1952 307,000 25-yr s 1 deb 7s.. 1952 6,000 7s certifs of deposit.—1952 Dixie Gulf Gas 6H« 1937 583 693,000 with warrants 259,000 Duke Power Co 44*— 1967 1,333,000 Duquesne Gas 68* 1945 322,000 64% notes Mar 15 1935 7,731,000 Extern Utll Invest 5s A 1954 "57" 1,000 5s registered 1954 Edison £lec 111 (Boston 5s '33 4% notes 1932 dec Pow & Lt 5s 2030 dec Pub Serv 54« C 1942 El Paso Nat Gas 64* A..1943 6 4s..„. 1938 Empire Dlst Elec 5s 1952 Empire Oil <k Refining 5 4s '42 Nov. 40 41 45 Sale Sale 1034 Sale 1004 964 314,000 151,000 74,000 970,000 1,308,000 936,000 2,998,000 1,072,000 10,624,000 46,000 435,000 275,000 341,000 3,506,000 63 994 Jan. 894 Jan. 20 100 19 784 Sale 20 Jan. 984 Sale Sale Sale 7 Jan. Jan. 284 Sale 19 274 2,1064 Jan. 105 100 96 82 Sale - Continental Secur 5s 22,000 43,000 94,000 38,000 9,000 105 1952 1965 1969 1970 1981 1931. Saie Prices. Jan. 30. Bid. YEAR 28 804 Jan. "28 94 Sale Jan. 15 54 Jan. Sale 21 90 Sale 854 Jan. 97 18 27 Jan. 15 68 86 11 944 Jan. 7 Jan. 22 1 Jan. 22 624 Jan. Sale 88 19 103 93 4 Dec. 29 105 54 Dec. 95 73 284 Oct. 99 May 1024 Dec. 5 70 Jan. 23 8 Jan. 4 Sale 244 Sale 28 54 Jan. 44 Jan. 234 Jan. Sale Dec. 58 Sale 44 Jan. 4 Jan. 15 99 Sale 100 Sale 564 Sale 53 Sale Sale . Jan. 20 Jan. 14 64 524 Jan. Jan. 62 644 Jan. 454 Jan. 48 59 7< 1004 Jan. 994 Jan 984 Jan. 98 834 3 Jan. 654 Jan. 25; Sale 454 Sale 454 Sale Jan. 4 14! 12 Jan. 7 Mar. 9 14 Dec. 12 5 98 98 Dec. Dec. Jan. 60 June 26 1044 May 19 1024 June 2 90 Mar. 9 61 May 13 Jan. 31 Feb. 2 Dec. Dec. 108 107 654 Dec. 32 Oct. Oct. 974 Mar. 26 804 Jan. 13 Oct. 48 7 71 444 Dec. 334 Dec. 60 60 Jan. 74 Dec. 31 Dec. 17 June 26 19 31 Apr. 22 Apr. 22 May 11 Dec. 16 964 June 30 Nov. 16 106 May 16 Oct. Jan. 16 2 705 Feb. 4 Sept. 4 635 104 77 30 60 29 XL. 1014 Sale 7 Mar. 14 Mar. 28 June 26 Feb. 27 June 11 July 20 1044 Aug. 14 1074 May 12 54 Dec. 4 Dec. 14 Dec. 99 7 Apr. 10 6 1004 July Dec. 5 4 Dec. Jan. 1 Nov. 97 92 Jan. Jan. 324 Jan. 734 Apr. 18 454 Nov. 20 Dec. 31 103 Dec. 30 1014 Sept 22 107 Oct. 22 55 Dec. 17 100 Dec. 7 1034 Ercole Marel Elec Mfg 28,000 558,000 64s with warrants 9,000 Erie Lighting Co 5s European Elec 6 48 184,000 4,000 261,000 11",555 2,614,000 18,000 1,517,000 2,000 814,000 45 1953 1957 Jan. 19 494 Jan. 27 6 83 Mar. 12 21 1044 Sept. 21 1965 Without warr European Mtge 8c Inv 712S.'50 7s Series C .1967 Fabrics Finishing 6s A—1939 Fairbanks Morse 8c Co 5s. 1942 16,000 8,000 133,000 26,000 Farmers Nat Mtg Inst 7s .1963 85,000 Federal Sugar Ref 6s—..1933 2,271,000 Federal Water Service 5s.1954 61,000 214,000 40,000 1,154,000 4,000 32,000 60,000 75,000 428,000 122,000 1st 7s without warr—1957 629,000 Fisk Rubber 54s... 1931 303,000 Certificates of deposit 60,000 Florida Pow Corp 54» A 1979 6,383,000.Florida Power 8c Lt St...l954 Sale 4 Jan. 20 26 484 Jan. 80 664 Jan. 28 43 Sale 264 Sale "534 Sale' 50 Jan. 17 30 20 8 84 994 May 4 26 19 Dec. 23 90 Apr. 7 Feb. 3 19 Feb. 6 574 Jan. 15 50 Dec. 30 98 Jan. 3 7 14 66 July 18 14 Nov. 29 204 Dec. 11 81 Mar. June Feb. 5 9 7 7 Jan. 14 Jan. 37 71 Jan. Jan. 29 27 22 Jan. 73 Jan. 754 Jan. 11 62 Dec. 29 Jan. Jan. 12 49 Nov. 11 28 104 Dec. 29 28 10 Dec. 22 47 60 Dec. 17 Dec. 16 76 Sale 42 26 334 294 Jan. 62 764 Sale Mar. 26 414 Dec. 18 99 Sept. 12 294 Jan. 2% Jan. Jan. Jan. 2 484 Jan. 80 Jan. 35 Jan. Oct. 15 90 Finland Residential Mtge Bank 1961 6s 78 Sale 85 " Sale 26 Sale 1,212,000! Firestone Cotton Mills Ss.1948 644,000 Firestone T 8c R Cat 5s..1942 "73"" Sale" Dec. 30 534 Dec. 23 824 May 4 87 July 29 91 Aug. 3 First Bohemian Glass Wks 132,000 <329,000 62,000 55,000 51,000 1,000 2,000 10,000 12,000 95,000 65,000 34,000 33,000 7,000 4,000 154,000 12",555 184,000 Garfock Packing 6s 1939 416,000 Gary Elec 8c Gas 5s A 1934 5,461,000 Gatlneau Power 5s 1956 6s —.1941 1,2j4,000 6s series B -.1941 793,000 734,000,,'Gen Bronze conv deb 6s. 1940 10,000 General Cigar serial 6s._1932 2,000 Serial 6s .1933 43,000 Serial 6s 1934 64,000 Serial 6s 1935 74,000 Gen Indus Alcohol 648.1944 10,000 Gen Laundry Macb 64s.1937 I Gen Motors Accept Corp— 336,000 5% serial notes 1932 385,000 5% serial notes 1933 294,000 5% serial notes 1934 317,000 5% serial notes 1935 239,000 5% serial notes 1936 209,000 Gen Pub Serv Co 5s 1953 408,000 Gen Pub Utilities Co 6s.. 1931 579,000 64» series A 1956 837,000 General Rayon Ltd 6S..1948 369,000 Gen Refractor 5s 1933 ~ 60 60 Jan. 114 Jan. 94 Jan. 83 Sale 51 73 Sale Sale 51 "724 Sale' 14 124 Jan. 584 Jan. 754 Jan. Jan. 694 Jan. 14 81 69 Jan. 20 Jan. 19 57 Jan. 60 Jan. 16 60 Jan. 14 50 50 Oct. Jan. 36 90 Sale Jan. 40 Jan. 7 Jan. 984 Jan. 20. 98 26' 98 10 Jan. Jan. 15 984 Jan. 20 Jan. 26 144 Jan. 29 23 64 Oct. 924 364 Dec. 18j 65 101 3 103 Aug. 102 May 28 103 1014 Aug. 13 103 98 Dec. 8 Dec. Aug. 13 Nov. 24 914 Apr. 1 Apr. 8 984 Aug. 21 944 Jan. 27 Mar. 20 95 Dec. 54 50 824 Apr. 22 274 Feb. 19 95 704 Dec. 624 Jan. 72 924 Sale 914 Sale 12 4 103 4 23| 38 Jan. 14 Apr. 17 June 4 June 4 June 4 Sept. 18 Mar. 26 11 104 Apr. 8 18 96 Dec. 974 Jan. 19 94 Dec. 964 Jan. 15 Jan, 26 944 Dec. 15 1024 May 23 93 Dec. 23 103 Aug. 13 674 Jan. 13 52 22 Jan. 14 32 Jan. 14 2 414 Jan. 13 60 Jan. 26 70 Jan. 18 5 304 Sale Jan. Jan. Jan. Jan. 304 Jan. Sale 18 95 Sale 694 Dec. 29 304 Dec. 15 284 Dec. 15 29 ....... Jan. 5 Jan. 964 944 934 664 32 84 14 1014 May 20 17 1024 June 20 18 1024 May 23 8 Jan. 98 Sale 974 Oct. 5 1004 Jan. 7 984 Jan. 100 984 23j 20 Oct. 70 Dec. 88 97 82 June 5 Mar. 16 Sept. 4 2 Jan. 8 53 18 1004 Mar. 19 Gen Vending 4,000 135,000 Corp— 270,000 6s with warr Aug IS—1937 333,000 Gen Water Works 5s A..1943 Sale 28 Sale 23 8 Jan. 11 26 35 Jan. 2 114 Jan. 35 Jan. 254 Jan. 144 Sale 5 16 Jan. 25 5 Dec. 23 144 Jan. 2 25H Oct. 2 52 Aug. 21 11 Dec. 18 69 Jan. 100 8 Jan. Gen Water Wks Gas & Elec— 78,000 284,000 18,000 365,000 9,000 43,000 15,000 5,718,000 61,000 6s series B ..1944 Georgia Carolina Co 5s..1952 Georgia & Fla 6s ser A 1946 Certificates of deposit..— Georgia Power ref 5s 1967 Georgia Pow 8c Lt 5s 1978 8 994 Sale Sale 81 Sale 60 Jan. Jan. 38 Jan. 15 Aug. 15 1004 May 18 34 Dec. 76 Dec. Mar. Jan. 9 9 14 1034 Aug. 18 5 6 2 12 14 10 29 90 Jan. 9 14 65 Jan. 28 59 Dec. 70 80 454 Jan. 834 Jan. 78 Jan. 18 28 June 20 Dec. 22 12 764 Dec. 28 884 Mar. 954 May 9 68 Oct. 20 93 Jan. 9 20 51 June 17 82 Feb. 17 13 86 Oct. 94 May 20 25 85 55 98 94 Dec. 30 Jan. 74 Dec. 17 1094 May Dec. 22 85 July Dec. 15 1034 Aug. Dec. 16 1054 Aug. 834 Aug. OirC5& f1U C T'1 75,000 229,000 60,000 7,000 1,000 48,000 65,000 4,000 1,000 33,000 "4",6o5 5,000 54,000 1,088,000 6s with warrants 1953 1,360,000 6s without warrants...1953 10,751,000 Gillette Safety Razor 5s.l940 934,000 Glidden (The) 54s 1935 Gobel (Adolf) 64s ser A.1935 882,000 With warrants 34,000 Godchaux Sugars 74s—1941 Grand (F & W) Properties— 212,000 Conv deb 6s 1948 1,077,000 Grand Trunk Ry 64s—1936 24,000 Grand Trunk West Ry 4s 1950 102,000 Great Northern Pow 5s—1935 172,000 Gt West Power Calif 5s..l946 5,000 6s series C .1952 61,000 Green Mountain Pow 5s.l948 195,000 Ground Gripper Shoe 68.1944 670,000 Guantanamo 8c W Ry 6s.1958 Guardian Investors Corp— 222,000 175,000 86,000 3,000 283,000 5s ser A with warr.....1948 3,144,000 Gulf OU of Pa deb 5s....1937 3,407,000 Sinking fund deb 5s...1947 1,776,000 Gulf States Utll 5s... 1056 283,000 44s series B 1961 22,000 1,000. Hackensack Water 5s A..1977 288,000 Hamburg Elec Co 7s 1935 1.640,000 Hamburg El & Und Ry 54s'38 79,000 For footnotes see page 56 704 Sale §7"" Sale' 774 Sale 45 83 Sale Sale 774 Jan. 71 Jan. 65 Jan. 26 864 Jan. 13 654 Jan. 864 Jan. Jan. 29 29 Jan. 4 100 23 106 100 Sale Jan. 16 30 12 63 Jan. 21 Jan. 5 99 Jan. 5 Jan. 27 964 Jan. 5 844 Jan. "21 Sale 844 Jan. "2l 93 "18" Sale' Jan. 99 "93"" Sale" Jan. 56 152" Sale' 87 1054 Aug. 21 88 80 Dec. 5 106 24 103 Mar. 23 6 9 10 21 24 11 7 May 22 July 29 Sale Jan. 5 6 Dec. 28 194 Jan. 22 15 Dec. 15 27 35 Jan. Jan. 32 Dec. 29 59 Mar. 23 924 Jan. 924 J^n. 29 2 954 Jan. 73 Jan. 29 84 Jan. 14 Jan. 27 75 Jan. 20 71 77 5 6 70 1014 Sale 1014 Sale 974 Sale Jan. 174 Jan. Jan. Jan. 12 30 Jan. 19 08O 2 42 Jan. 16 5 19 Sale 94 Sale 924 Sale 93 30 Sale Sale 924 Sale 73 42 Sale Sale ' 5 95 Jan. 20 28 904 Dec. 17 1034 Aug. 18 86 73 Oct. 75 Dec. 1 104 Feb. 25 Dec. 31 1024 Mar. 13 1 944 May 20 1004 May 22 1004 May 25 60 Nov. 30 1004 Mar. 1 24 Dec. 29 86 Mar. 1( NEW In NEW YORK CURB 12 Months 1931. Price EXCHANGE Jan. 2 1931 Bid. BONDS (Continued)— 30,000 60,000 81.000 96,000 26,000 47,000 119",000 13",666 6,000 18,000 21,000 101.000 4,000 42.000 18,000 175,000 144,000 436,000 526,000 13,000 " 3"666 6,000 51,000 3,000 5,000 21,000 88,000 5,000 35,000 215,000 Hanna (The M A) Co 6a„1934 1,000 Havana Dock 7§ A....>—1937 1936 524,000 Hood Rubber 7a 54a .-—Oct 15 1936 1,057,000 457,000 Houston Gulf Gaa 6Hi..l943 6a 1943 1,048,000 380,000 Houston Lt & Pr 5a A—1953 Ask. Jan. Bid. 2. Ask 46 Sale 434 Jan. 13 J an, 5 494 Jan. 40 29 50 Jan. Jan. 27 5 51 39 5 Jan. 13 Jan. 12 Jan. 8 17,000 774 Sale 18.000 With warrants—— 100 Sale 25",000 60,000 27,000 115,000 109,000 82,000 2,000 2S0.000 " V.666 2,031,000 310.000 282,000 2,844,000 1,000 21,000 48 4 47 Sale Sale 91 83 Jan. 85 Oct. 61 Jan. 23 49 Oct. 38 Jan. 8 30 Dec. Jan. 21 98 Dec. 28 108 Aug. Jan. Jan. 28 14 39 Oct. Jan. 28 394 Oct. July 14 Apr. 17 964 Jan. 884 Jan. 7 22 100 874 644 Sale Sale Jan. Jan. 434 Jan. Jan. 894 Jan, 85 Jan. 8 101 28 984 5 494 28 46 30 11 Sale 88 Jan. 18 88 Jan. 14 84"" Sale' 744 Sale 1957 7a series F. 1952 International Salt 5s 1951 Internet Securities 5a 1947 5a registered 1947 Interstate Iron 8c St'l 54a *46 7s series E 54 Dec. 30 914 Jan. 724 Jan. 28 83 Jan. 4 Jan. ""9 Jan. 8 91 Jan. 26 Jan. 5 68 Jan. 15 54 15 104 84 75 8 78 Dec. Jan. 12 67 Dec. Jan. 25 60 Dec. 85 Sale Nov. 91 Oct. Apr. 16 1 100 QO Jan. 28 Nov. 10 91 Jan. 6 954 Jan. 70 92 Jan. 7 Jan. 5 70 Dec. Jan. 15 71 97 1004 Sept. 15 1004 Sept. 29 95 Aug. 14 1054 Sept. 15 97 July 16 Jan. 9 97 Dec. 107 89 Jan. 8 93 Jan. 19 90 Dec. 1054 May 27 58 Jan. 13 59 Jan. 11 55 Dec. 47 Jan. 5 59 Jan. 28 49 Dec. Aug 10 1 864 Apr. 79 Sept. 24 79 82 Jan. 29 96 Jan. 7 32 Jan. 364 Jan. 15 75"" Jan" ""9 574 Sale 95 48 Sale Sale 1004 Sale 924 Sale 834 Sale 1004 Sept. Dec. Mar. 304 Sale 274 Sale 254 Jan. 24 384 Jan. Jan. 14 Jan. 15 27 I Sept. July July Sept. 70 June 974 Jan. 90 Dec. 18 105 103 4 Mar. 14 104 994 June 25 100 32 4 Dec. 29 Jan. 814 Sale 24 25 4 Dec. 30 ,95 38 Nov. 28 65 24 Jan. Sale 12 6 Jan. 25 Jan. 12 6 Jan. 12 6 90 34 Dec. 60 4 Dec. June Jan. 6 98 Jan. 29 82 634 Jan. 804 Jan. 2 78 Jan. 23 50 8 88 Jan. 30 60 88 78 Jan. 4 894 Jan. 29 87 Jan. 23 65 Oct. 5 63 Jan. 15 50 Dec. 11 73 Jan. 14 65 Dec. 484 Sale 744 Jan. 524 Jan. 62 4 Jan. 424 Jan. 4 Sale Sale" 4 51 Jan. 22 42 4 Dec. 20 474 Jan. 20 48 1014 Jan. 1024 Sale 49 Sale 624 474 644 644 "724 Sale Sale Sale Sale 654 Sale 7 7 1014 Jan. 66 Jan. 14 Jan. 26 62 Jan. 11 47 Jan. 5 64 Sale Sale 644 May 1004 Oct. 554 Dec. 40 Sept. Jan. 51 9 7 Dec. July 16 8 Mar. 26 July 16 864 Aug. 3 784 Feb. 10 754 May 15 924 Mar. 13 Nov. 103 Sept. July MS* 88 754 May 474 Jan. Mar. 25 82 774 Dec. 60"' 684 Feb. 11 June 26 Rl** 96 Oct. Sale 105 Oct. Sale 904 Sale 8 24 Sept. 19 904 June 24 Oct. 88 634 Sale 24 22 2 17 15 88 50 June 24 90 1936 1,000 With warrants 78,000 Without warrants 5,025,000 Interstate Power 5a_——1957 1,222,000 Debenture 6a 1952 90 May 22 Aug. 4 Mar. 30 June 25 Sept. 16 Jan. 9 1054 Aug. 15 105 July 8 944 Feb. 26 105 Apr. 8 1054 Aug. 25 994 May 22 70 55 804 Sale 874 Sale 77 983 68 27 79 ii 56 55 4 Dec. Dec. 5 Jan. Jan. 80 Sale 60 594 Jan. 70 Sale 6 10 12 Dec. 64 86 J Jan. May 14 May 22 6 46 894 Sale , InterstateNat Gaa 6a 10,000 406,000 159,000 15 8 3 23 27 4 4 98 1949.' Deb 5s scries A Intercontlnents Power Cor— 3.000 Dec. 1981 503,000 Deb 6s without warr 1948 6.000 1951 75.000 Interlake Iron 5s B 882,000 Internet Pow Sec 64* B.1954 836.000 64§ series C 1955 378,000 7s series D 1936 94,000 7s series D stamped 1936 39,000 33 Jan. Jan. Jan. 32 6% conv notes 1940 2,000 5,678.000 Ind'polla P 8c L 5a aer A—1957 17,000 Indianapolis Water 548-1953 44s 1940 9,000 1957 46,000 Inland P & L 6s aer C 8,235,000 92 774 Jan. Jan. Insult Utll Inv 6s ser B—1940 1,586,000 46,000 11 Jan. 60 1950 —1963 14.000 Inland Steel 44s B— Dec. 84 95 Indiana & S W Gaa UtU 252,000 Mar. Sept. 15 30 5 78 784 Sale 1948 37.000 Indiana Gen Service 5s 93,000 Indiana Hydro-EIec 5a A. 1958 1957 59.000 Indiana 8c Mich El 5s 1st & ref 5s 1955 181,000 1st Hen & ref 5s 804 Jan. 30 35 904 Dec. 16 sl04 June 3 1054 1044 May 26 1044 Dec. 29 75 994 14 924 Feb. 19 964 754 Dec. 14 994 12 92 .... 173,000 23 Jan. Nov. 20 1014 May 18 June 24 98 June 24 45 4 Sept. 105 1957 1,088,000 Illinois Pow 8c L 54» 5 4a series "B" .—1954 1,754,000 6a series A—————1953 2,538,000 5a series C 1956 3,006.000 956,000 Indep OH 8c Gaa deb 6a„ 1939 Indian Ref 54% GN- —1932 6,000 19,000 Indiana Elec Corp 6a A—1947 64* series B 1953 ; 1,000 58 series C 1951 207.000 205.000 Indiana Service 5s Highest. Sale Prices- 92 374 Jan. 8341 Sale -—1957 Illinois Nor Utll 5a Sale. Prtces Sale Prices 35 1947 Idaho Power Co 5a Ask Bid Lowest Sale pftr.es Highest Lowest. Jan. 30. 98 6s series B -1953 4,000 54s series C —1954 3,000 44s series D_. —1978 1,258,000 44a series D new..... 161,000 44s series E 1981 679,000 44 s series E new 1981 136,000 842,000 Hud Bay Mln & Smelt 6s_1935 385,000 Hungarian Ital Bank 74s '63 Hydraulic Power of Niagara Falls 1st & ref 5a 1950 44,000 Ref & Improvement 58.1951 1949 1,317", 000 Hygrade Food 6s aer A 6s series B 1949 146,000 535.000 158.000 YEAR 1931. RANGE FOR PRICES IN JANUARY. AGGREGATE SALES January. 53 CURB EXCHANGE YORK 21 103 22 104 15 91 30 844 May 21 June 22 Aug. 5 Mar. 19 Interstate Public Service 98,000 68,000 5,000 2,000 64s series B 135,000 5s series D 1,162,000 4 4a 190,000 Interstate Telep 5s A - 15,000 . "2",000 75*066 15,000 5,000 318,000 6,000 10,000 88*666 384",000 32,000 17,000 19,000 24,000 23,000 13,000 40,000 77,000 26.000 7,000 39",000 Deb 5s aeries A 559.000 Invest Co of Amer 5a A 796,000 11,000 270,000 13,000 54,000 12,000 10,000 27*666 120",000 78,000 22 63 73 Jan. 20 50 1,427,000 1,1x1,000 943,000 427,000 17,000 8,000 23,000 731,000 230,000 323,000 Jan. 14 65 Jan. 28 60 Jan. 25 614 Jan. 9 60 1947 Iowa-Nebraska L 8c P 5a—1957 5s Series B 1961 Iowa Pow 8c Lt 44a A—1958 Iowa Pub Serv 5a 1957 54a 1959 Iowa Ry & Light 5a__ 1932 Iowa Sou Utilities 6s A—1950 Isarco Hydro-El 7a 1952 Isotta Franchinl 7s 1942 Without warrants.— Italian Superpower 6s 4.666.000 Without warrants Jan. 15 62 36,000 52,000 22,000 296,000 536,000 247,000 48,000 4 80 Jan. 72 Jan. 5 79 Jan. Sale 80 Jan. 13 754 Sale 754 Jan. 30 804 Jan. 824 Jan. Jan. 6 974 Jan. 724 Jan. Sale 824 Sale 70 Aug. 74 57 Nov. Nov. ill s; 60 Dec. 92 Jan. 26 99 14 Oct. 99 Nov. June 93 May 14 45 Oct. 95 Mar. 11 64 Sale 49 Jan. 26 60 562 Sale 394 Jan. 384 Jan. 11 42 Jan. 8 13 42 Jan. 15 294 Oct. 324 Oct. 354 Sale 5 424 Jan. 16 30 4 Dec. Jan. 16 Jan. 15 594 Jan. 954 Jan. 28 22 55 95 Sale 354 Jan. 56 364 18 Dec. 774 Mar. 20 88 July 27 103 June 26 100 Jan. 1044 May 11 Sale Dec. 104 4 Aug 27 1014 Apr. 8 Dec. Dec. 1004 Nov. 14 Jan. 77 98 Jan. 12 99 Jan. 99 Kansas City Gas 6a 1942 Kansas City P & L 44S—1961 Kansas Elec Pow 6s A—1937 874 Jan. 25 96 Jan. 16 Kansas Gas 8c Elec 6a 87 28 90 Jan. 18 834 Sale 20 89 Jan. 91 Jan. 6 90 794 Jan. 29 84 Jan. 18 87 Jan. 26 95 Jan. 19 974 Dec. 21 1074 Dec. 3 96 964 Nov. 19 1044 98 Dec. 18 1094 79 Dec. 15 1014 82 Dec. 19 1014 79 Dec. 16 1044 90 734 Jan. 27 82 Jan. 18 70 75 2022 27 82 68 4 Dec. 90 Dec. 83 Kansas Power 5s A 1947 Kansas Pow 8c Lt 5s B—1957 6s series A —.1955 Kaufmann Dept Stores— Jan. Jan. 14 954 July 904 Jan. 54% notes 1936 Kelvinator without warr 6s'36 Kentucky Utilities 5s 1969 5s 1961 64s series D 1948 5 4a series F 1955 Keystone Public Serv 5s. 1978 Keystone Telep Co 5 48—1955 Jan. 92 Jan. 6 83 Jan. 30 Jan. 14 964 Jan. 20 Jan. 22 Dec. Sale 84 99 Oct. 75 83 27 96 Nov. 17 July Dec. May Aug. May Aug. Aug. 23 July 25 12 5 1054 Aug. 3 22 14 22 20 25 18 1014 Aug. 19 17 102 Sept. 3 17 2 m Sept. 23 Aug. 27 534 Sale 53 Jan. 28 554 Jan. 22 53 54 544 Sale Dec. 28 1004 Sept. 9 67 Oct. 15 May 23 Apr. 844 Jan. 744 Jan. 804 Jan. 29 22 14 81 Dec. 22 100 8c 84 103 4 Sale 994 Sale 94 81 Jan. 13 Sale 64 Jan. 4 75 Sale Sale 714 Sale 704 Jan. 924 Jan. 27 95 Jan. 11 89 100 27 93 Jan. 9 Sale 1945 579,000 Laclede Gaa Lt 54a 1935 56,000 Larutan Gas Corp 64®—1935 3,087,000 Lehigh Pow Secur 6a .2026 Leonard Tlotc Inc 74®.. 1946 317,000 Without warrants 7,000 Lexington Telephone 6s. 1944 189,000 Lexington Utll 5s —1952 1,761,000 Llbby McNeill 8c Libby 6a 1942 519,000 Lone Star Gas Corp 5a 1942 404,000 Long Island Ltg 6s 1945 30,000 54a series A 1952 106,000 Los Angeles Gas 8c Elec 5a '61 18,000 Los Angeles Pacific Co 4a 1950 4,051,000 Louisiana Pow 8t Lt 5a 1957 13,000 Lukens Steel Co 8s. 1940 794 Apr. 13 784 Apr. 10 934 Dec. 101 Sale 86 56 2 1004 Mar. 101 99 For footnotes see page Oct. 93 29 603.0001 Manitoba Power 54s 88 Oct. 8 10 10 7 9 31 27 21 86 - 28 5a certlfs of deposit Apr. July July Apr. May 97 Aug. 99 July 1014 May 704 Dec. 75 944 Aug. It* Dec. 65 13| 774 Jan. Works 5 Aug. 12 3 934 June 9 884 Jan. 2,000 Elec 54« series B 1948 200,000 Klmberly Clark 5s A 1943 2,195.000 Koppers Gas 8c C deb 5a. 1947 2,277,000 Deb 548 1950 467,000 KresSe (S S) Co 5s 1945 205.000 Jan. 80 724 Sale 90 554 Sale Jacksonville Gaa 5s. 1942 Jamaica Wat Sup 54s A.1955 Jersey Cent P 8c L 54s A.1945 5s series B 1947 5s series B new— —-1947 44s series C. 1961 Jones & Laughlin Steel 5s '39 Water Nov. Dec. 18 Nov. 13 1963 180,000 30,000 877.000 2,255,000 79,000 481,000 40,000 15,000 464,000 482,000 \ 292,000 42,000 8,000 74,000 59,000 Nov. 5 103 Dec. 29 101 55 60 1947 Without warrants Keystone 19,000 238,000 135,000 36,000 27,000 754 Jan. 6 55 624 Jan. Invest Bond 8c Share Corp r 8.000 27,000 72,000 111,000 21,000 15,000 103 1949 1956 1958 1961 1951 Jan. 6 66 69 91 914 Oct. o83 34 764 Sale 74 Sale Jan. 6 42 Jan. 23 74 Jan. 30 82 Jan. 14 71 Sale 55 Apr. 6 1014 May 25 Dec. 31 1014 Jan. 20 Dec. 17 91 Mar. 14 33 101 8 Mar. 21 Dec. 30 1024 Mar. 19 Dec. 18 1034 Mar. 7 Dec. 22 1034 Feb. 25 Jan. 8 78 Jan. 28 764 Dec. 704 Jan. 2 77 19 Dec. 22 13 644 Dec. 18 1064 Apr. 17 454 Oct. 904 Sale 98 4 Sale 1024 Sale 83 Sale s73 Sale Jan. 20 84 Jan. Jan. 92 71 Jan. 5 99 Jan. 96 Apr. 16 93 99 May 22 July 31 Apr. 10 Jan. 97 83 94 924 Jan. 97 Sale 79 4 874 Sale Jan" 27 Jan. 13 Sept. 78 8* 8S* 22 904 Jan. 964 1004 1064 1044 1054 864 Oct. Oct. Oct. Dec. Mar. 11 Sept. Aug. Aug. Aug. May 17 22 12 27 16 50 Sale 50 Sale 40 Jan. 4 61 Jan. 11 Dec. 103 894 June 93 Feb. 3 514 Dec. 23 954 Jan. 6 54 NEW AGGREGATE SALES NEW CURB In YORK EXCHANGE PRICES IN JANUARY. EXCHANGE RANGE FOR 1931. Jan. 1931. Bid. Ask. Bid. 2. 121,000 7s without warrants 1941 285,000 1946 1,701,000 Mass Gas Co 5s —1955 4,221.000 ...1949 151,000 Mass Utll Assoc 5s A 1947 18,000 Vfassey Harris Co 5s 2,000 McCallum Hosiery 64S..1941 ..1943 342,000 YicCord Rad Ac Mfg6 8 115,000 Melbourne El Supp 74s A '46 325,000 Memphis P & L 5s ser A..1948 4^8 series C ...1978 58.000 2,117,000 206,000 11,000 266,000 1,453,000 1,782,000 1,751,000 1,847,000 1,000 427,000 2,304,000 1,909,000 29,000 133,000 3,262,000 1.564,000 350,000 532,000 Met Edison 4s series E Bid. Ask Conv 44% notes 1 14 34 14 Jan. 14 4 29 974 Jan. 12 89 Jan. 14 Jan. 4 90 Jan. 7 35 Sept. 14 93 804 Dec. 30 106 784 Sept. 18 1024 78 Dec. 31 964 June 11 Nov. Nov. Jan. 7 42 Jan. 7 39 Aug. 31 26 Jan. 25 28 Jan. 7 30 654 Jan. 83 Sale ----- —in 29 784 Jan. 15 96 14 Jan. 30 80 Jan. 4 Jan. 26 72 Jan. 26 Jan. 2 Jan. 2 30 65 Sale Sale 73 68 30 Sale Sale Jan. 72 78 68 Jan. 4 92 Jan. 1935 44« 1st 8c ref 5s Miss River Fuel 6s 1944 Without warrants Miss River Power 5s Jan. Jan. 2 Jan. 18 2 894 Jan. 18 60 Jan. 6 £69 Jan. 14 37 92 4 $92 Sale 48 Sale 48 Sale 45 Jan. 8 65 Jan. 14 37 Sale 48 Sale 44 Jan. 6 624 Jan. 14 40 924 Jan. 664 Jan. 7 6 94 Jan. 12 784 Jan. 784 Jan. 26 16 Jan. 19 904 Dec. 18 1064 June 69 Dec. 21 95 May 75 Dec. 17 98 May 85 Dec. 15 1034 Aug. 594 Dec. 29 964 July 66 Dec. 14 984 Mar. 79 Dec. 29 1064 Feb. 74 Dec. 30 984 Mar. 92 Dec. 22 1064 Sept. Sale 74 96 Sale Sale 29 61 Jan. Jan. 5 80 69""" Sale 8 Jan. 65 634 '934 Sale" Jan. 84 Jan. 21 81 Jan. 6 Jan. 19 14 85 64 Jan. 12 774 Jan. 21 Sept 22 Dec. Dec. Dec. Dec. Jan. 17 18 18 18 97 Jan. 14 96 Jan. 1957 Jan. 19 73 30 984 Jan. 2 664 Jan. 30 83 Jan. 25 774 Jan. 864 Jan. 824 Jan. 27 85 19 9 20 66 H Dec. 17 101 May 20( 784 Dec. 16 1064 Aug. 14 80 Dec. 23 106 May 14^ 51 Jan. 18 524 Jan. 18 53 Sale 5 Jan, 2 14 Jan. 21 93 Jan. 28 974 Jan. 464 Jan. 344 Jan. 5 15 2 83 11 92 Sale 664 Sale 834 Sale 5 101 ft Sale 964 364 344 Sale Sale Sale Sale 1004 Sale 884 Sale 664 Sale 78 Sale 1944 Nat Pow Ac Lt 6s* *A" 2026 Deb 5s series B 2030 5,917,000 Nat Pub Serv 5s Jan. .1978 364 Jan. Oct. 21 77 Feb. 13- 44 Apr. 2' 4 Sale Sale 72 Jan. 9 66 4 Dec. 57 Dec. 45 Jan. 14 334 Dec. 14 71 Jan. 25 87 Nov. 5 634 364 13 28 30 2 Sept. 99 10 Oct. io: Jan. Jan. 1938 Certificates of deposit... 2022 Nebraska Power 6s.. 894 Jan. 1981 Eng G 8c Elec Assn 5s 1947 1948 Conv deb 5s 85 4 90 83 Sale Sale 1954 59 73 Sale 614 Sale Sale 60 New Engl Pow Assn 5s...1948 Deb 54s 724 Sale 594 Sale Sale 1950 5s Sale 614 Sale N J Power Ac Light 5a 1956 New Orleans Pub Serv 44> '35 Newton Steel 6% notes 1931 5 89 924 Sale Neisner Bros Realty 6s.. 1948 Nevada Calif Elec 5s 1956 Jan. 27 264 714 564 614 574 Jan. Jan. Jan. Jan. Jan, 20 5 6 20 5 75 Sale 83 Dec. ill 884 Dec. 103 Dec. 80 Jan. 2 11 27 674 Jan. 9 68 9 57 9 15 54 11 77 Jan. Jan. 4 61 Jan. 2 70 Jan. 704 Jan. 11 774 Jan. 18 97 77 Sale 954 Sale 1950 "844 Sale" "814 Sale' 1014 Sale 994 Sale 1959 974 Jan. 524 Jan. 20 40 90 Jan. 30 2 1044 Jan. 27 1004 Jan. 4 524 Jan. 14 15 6 14 Jan. 47 Jan. 65 Jan. 7 354 Jan. 21 82 994 Dec. 43 Dec. Sept Dec. 60 Dec. 24 34 Dec. 75 Jan. 88 Dec. 88 12 105 105 1014 Jan. 104 104 44s E 1970 20 26 90 Jan. 5 93 Jan. 14 79 Jan. 6 85 Jan. 14 824 Jan. 6 90 Jan. 18 Nor Ohio P Ac L 54s 1951 904 Sale 994 Sale Nor Ohio Trac 8c Lt 5s 1956 93 "92"" Sale" 754 Sale Sale Jan. 814 Jan. 9 Nor States Power ...1933 1948 ......1940 I5§ Sale 834 Sale Jan. 80 Dec. Sept. 114 Mar. 24 Oct. 100 96 Jan. 814 Jan. 30 88 Jan. 19 Jan. 12 75 Jan. 12 75 Jan. 23 40 Jan. 29 374 Dec. 23 864 Jan. 27 95 Jan. 8 92 Sale 101 994 Sale 934 Sale 95 87 Sale Sale 90 Sale 974 Sale 764 Sale 854 1014 974 Sale Sale Sale Jan. 25 96 Jan. 12 90 794 Jan. 30 20 764 Jan. 29 874 Jan. 884 Jan. 874 Jan. 2 7 4 82 Jan. Jan. 11 50 Jan. 11 50 49 854 Jan. 28 514 Jan. 28 50 4 July 99 Oct. 7 13 7 7 854 Dec. 854 Jan. 28 894 1014 Jan. 29 1054 974 Jan. 30 1014 85 Jan. 28 894 Jan. Jan. Jan. Jan. 81 68 Dec. 14 June 19 29 974 Sale 1624 Sale" 1004 88 Sale Sale 6 58 Jan. 16 52 Dec. 72 Jan. 6 794 Jan. 15 68 Dec. 100 514 Jan. 4 574 Jan. 18 944 Sept. 914 Oct. 464 Oct. Jan. 26 50 Jan. 26 50 724 Jan. 4 794 Jan. 9 69 100 Jan. Dec. 974 Dec. 85 97 Dec. Feb. 954 Sale 744 Sale 76 Sale 524 Sale 534 Sale 74 724 50 924 Sale Sale Sale 83 Jan. 25 26 86 Jan. 15 Jan. 16 25 Jan. 16 724 Jan. 28 75 Jan. 5 8 834 Jan. Jan. 6 76 4 Jan. 914 Jan. 29 964 Jan. 19 21 11 994 99 75 1024 Sale 1952 102 102 Jan. Sale 1953 934 Sale 77 74 Sale 102 9 4 Sale 794 Sale 944 Jan. 25 6 88 Jan. 30 84 63 Jan. 16 90 1044 Apr. 8 May 19 1054 Sept. 1 1054 June 3 105 Sale" 1004 Sale 6 4 5 103 Jan. 55 1064 34 Jan. 994 Jan. 2 20 15 Jan. 5 684 Jan. 23 944 Sale 94 Jan. 5 964 Jan. 8 92 Piedmont 724 Sale 8 604 Jan. 20 47 90 13 70 74 514 Jan. 814 Sale 78 Jan. 27 Jan. Jan. \»i 98 4 Dec. 52 Dec. Dec. Mar. 18 0984 May 16 104 Aug. 21 104 Sept. 1 102 Sept. 8 92 July 17 Aug. 14 764 Dec. 24 Dec. 25 X8}H 94 6 104 June 794 Jan. 14 Jan. 414 Sept. 17 954 May 27 27 1004 May 15 Dec. Jan. Jan. 4 76 ""54 Sale" 1st Ac refunding 4 4s..1957 Hydro-Electric Co 64s class A 1960 83 Dec. Dec. Jan. Jan. Jan. 5 Oct. Dec. 28 864 Jan. 60 June 1024 May 14 June Dec. Dec. 92 88 July 24 7 98 944 July Phlla Suburb Cos G Ac E 179,000 Piedmont Ac Northern 5s. 1954 288,000 Pittsburgh Coal 6s 1949 5,000 Pittsb Screw Ac Bolt 54s. 1947 398,000 Pittsburgh Steel 6s 1948 93 102 8,488,000 44a 1981 5,000 Penn Pub Serv 5s ser D..1954 1,113,000 Penn Telep Corp 5s C...1960 697,000 Penn Water 8c Pow 44a..1968 23,000 Penn Water Serv 5a A 1967 3,748,000 Peoples Gas Lt 8c Coke 48 B'81 4,139,000 Peoples Lt At Pow 5s 1979 2,281,000 Phila Elec Power 54a 1972 162,000 Phila Rapid Transit 6s..1962 60 60 8 7 Mar. 17 Dec. 100 4 Jan. 784 Sale 12 Dec. Penn-Ohlo Edison 6s....1950 1004 Sale 14 28 30 • 14 25- Apr. 844 Jan. 90 May 294 Dec. 35 * 4 23 Jan. 101 9 Feb. 1024 July 115 July 1064 May 1024 July 984 Jan. 754 Jan. 754 Jan. Penn Dock 8c Warehouse Co B May Jan. 10 1014 Feb. 754 Jan. 270,000 6s with warrants 1949 46,000 6s ctfs of deposit 1949 2,452,000 Penn Electric 4s series F.1971 14,000 Penn Glass Sand 6s__. 1952 ser T #74 56 105"" Sals" 22 15 1044 July 28 Dec. 18 1054 June 5 Dec. 22 1014 May 22 Dec. 11 1044 Aug. 27 50 1004 Sale "794 Sale" Mar. 31 Dec. 86 874 Sale Mar. 27 1054 Feb. 27 1044 Sept. 3 105 Apr. 6 June 11 99 814 Dec. 1024 Jan. 35 814 6 May 20 874 Dec. July 29 854 Oct. 994 Aug. 5 89 4 Dec. 105: Aug. 31 77 4 Dec. 30 103 J June 24- 75 1952 328,000 Penn Pr 8c Lt 5s 471,000 5s series D 3- 7 13 864 Jan. 754 Jan. 814,000 Without warrants 1,413,000 54a series B 1959 1,236,000 Penn-Ohlo P At L 54a A.1954 Mar. 1004 Aug. 51084 May 18 1004 Dec. 25 944 May 19 100 Sept. 3 364 Jan. 874 Jan. Sale 16,000 Pacific Investing 5s A...1948 320,000 Without warrants 4,339,000 Pacific Power 8c Light 5s_1955 196,000 58 new w i_. 1955 307,000 Pacific Pub Serv 5% notes '36 2,588,000 Pacific Western Oil 6 48-1943 107,000 Park At Tilford 6s 1936 3,184,000 Penn Cent Lt Ac Pow 44s 1977 14,000 5s 1979 23 60 99 3,900,000 Pacific Gas Ac El 1st 44S.1957 657,000 1st 8c ref 6s B 1941 1.746,000 1st Ac ref 54s C 1952 8,535,000 1st 8c ref 44s F 1960 421,000 1st 8c ref 44s Fwi 1960 9* Mar. 24 7 1969 878,OOOiOhio Power 5s series B .1956 3,236,000! 44a s«rie« D 1954 314,000 Ohio Pub Serv 5s D 1950 2,615,000 Oklahoma Gas Ac El 5s. ~ 116,000 Osgood Co 6s with warr. 1938 .1941 90,000 Oswego Falls Co 6s .1931 263,000 Oswego River Pow 6s Apr. Jan. Jan. 65 5s series D 1960 94 Dec. 100 13 4,738,000 Ohio Edison Co 5s 88 105: 95 h 97. 80 4 Dec. 99 Dec. 814 Jan. 1014 Jan. 99 "47 " Sale" May 21 Mar. 19 May 21 May 14 Apr. 17 29 7 July 2 May 14 June 11 Jan. 7 Jan. 8 95 Dec. 29 Jan. 163,000 ..1950 1961 8,020,000 1935 34,000 North Texas Utilities 7s Without warrants 312,000 1960 117,000 Northwest Pow 6s A 70 Jan. 86 . 94 Mar. 30' Mar. 21 94 57 4 Dec. 59 Dec. Jan. Sale 6s A 934 Dec. Dec. 97 100 54% notes. 54 s series B 44a 624 Dec. 55 Dec. 42 Sale 1966 64% gold notes 25 974 Jan. 1,674,000 Nippon Elec Pow 64a...l953 4,000 Nor Amer L 8c P 5% notes 1933 Serial 5% notes 10,000 .1936 342,000 Nor Cont Utll 5 4s A 1948 790.000 Nor Ind Pub Serv 5s 20 654 Jan. 674 Jan. N Y Ac Foreign Invest 912,000 Niagara Falls Power 6s 5s series A 12,000 Jan. 924 Jan. 314 Jan. 59 "64"" Sale' Dec. 29 1024 Jan. New York Edison 5s C...1951 534,000 54s A with warrants 1948 12,845,000 N Y P Ac L Corp 1st 44«..1967 94 30 May«5< Mar. 24 70 Apr. 16 15 1074 Apr. 2 15 93 Mar. 6 15 78 Mar. 25 Jan. 4 Sale Sale 5% gold notes...May 11935 44a. 954 Dec. 18 104 344 Dec. 29 77 764 Jan. 634 Jan. 344 Jan. Natl Trade Journal 6s 2 m 54 Dec. 29 69 684 36 25 National Tea Co— ifat feotnetes see page 56 16. 19 13. 16 Jan. Sale 67 .1978 National Food Prod 6s 1,537,000 821 20 92 984 1937 warr Narragansett Elec Co 5s 445,000 8. 1* 16 73 National Elec. Pow 5s 711,000 202,000 910,000 Dec. 22 Steamship Line 64s with New 68 25 96 Morris Plan Shares Corp— 6s A without warrants 1947 1,571.000 1,951,000 202,000 1,304.000 6.283,000 954 May 22 944 June 26 924 Aug. 3 54 May 15 1004 Mar. 30* 994 Apr. 7 974 Mar. T 46 1951 Munson Dec. 29 874 Nov. 30 65 Service 54* B 1953 371,000 1,364,000 Montreal L H Ac P 5s "A-.1951 5s series B....... .1970 247,000 34,000 75 Sale1 76 2 424 Dec. 23 Oct. 5 57 Feb.*24 65 Dec. 11 100 Jan. 7 92 Dec. 17 1044 Aug. 8 964 Apr. 1 1004 Sept. 8 Sale "774 Monongahela West Penn Pub 28.000 58 May 1 May 19 52 1978 .....1955 Mississippi Pow 5s ...1955 Miss Power 8c Light 5s 1957 6 92 4 Apr. 30 Apr. 10 504 Sale Milwaukee G L 44s .1967 Minneapolis Gas Lt 4 4s. 1950 Minn Pow 8c Lt 12 "93"" Sale" 1943 1934 Dec. 68 31 64s A.1945 ..1933 Jan. Jan. 57 "85"" Sale" — 5% notes '32 Cony 5% notes.. Conv 5% notes Cony 5% notes Highest. Sale Prices. 42 Sale Sale 1961 Middle Sts Petrol est 82 98 904 33 30 Lou Sale Prices. 864 Jan. 824 Jan. 30 Sale Michigan Pub Serv 5s A..1947 Middle West Utll Highest. Sale Prices. 33 102 1971 Mich Assoc Tel 5s A Lowest. Sale Prices. Jan. 30. Ask Mansfield Min & Sm (Germ) 7s with warrants 1941 1.074,000 5,012,000 2,692,000 771,000 1931. Jan. 2 B<»N 1)8—Continued. 441,000 53,000 29,000 163,000 2,344,000 300,000 1,847,000 12,216,000 2,079.000 11,124,000 1,834,000 1,907,000 17,000 841,000 8,000 YEAR Price about 12 Months January. CURB YORK Mar. 23 O1074 Aug.18 80 Jan. 27 18 105 June 13 88 Mar. 30 93 Mar. Dec. 28 Oct. 9 9 994 Jan. 9 984 Jan. 20 1004 Feb. 24 68 Dec. 22 1024 Jan. 13. Nov. 13 - NEW 12 Months January. NEW YORK CUBB EXCHANGE 46",606 22,666 2,000 "6",000 2,000 119,000 31,000 6,000 Jan. Bid. (Continued) 6,000 Pond Creek Pocahontas 7s *35 1939 243,000 Poor 5c Co 6s 5.000 Portland Gas & Coke,5s_ 1940 1,309,000 Potomac Edison 5s ser E.1956 5*4s aeries D .—.1949 43,000 4Hs series P —.*—1961 1,391,000 1947 37,000 Potrero Sugar 1st 7s 7,000 Power Corp of Can 5s A 1957 4 *4a series B— ..1959 369,000 454.000 Power Corp of N Y S*4a—1947 778,000 Procter k Gamble 4HS..1947 1954 640,000 Prussian Elec 6 s. 395,000 Pub Serv of N H 4*4s B..1957 1931. 2 1031. BONDS $ YEAR Price 1931. 31,000 RANGE FOR PRICES IN JANUARY. AGGREGATE SALES In 55 EXCHANGE CURB YORK Ask Jan. Bid. 2. Lowest. Highest. Lowest. Highest. Sale Prices. Sale Prices Sale Prices. Sale Prices. Jan. 30. Ask. Bid. Ask. 60 Jan. 6 Jan. 20 65 100Vi Sept. 11 107 67 *4 Dec. 14 97 May 27 Jan. 24 Dec. 30 98 Nov. 14 79 Dec. 15 10454 Aug. 12 10254 Jan. 28 105 Apr. 15 Aug. 5 86 Vi Dec. 1 99 11 Nov. 9 60 Feb. 17 90 May 27 93 Jan. 17 Oct. 19 86 54 Apr. 20 52 Dec. 28 97*4 Apr. 65 2 Dec. 11 ol06*4June 4 92 Dec. 15 79*4 92 Sale Sale 22*4 Sale Jan.28 89 Jan. 13 Jan. 80 10 100 *4 82" 76 88 Vi Jan. Jan. Jan. 14 16 14 10 12 50 Jan. 22 53Vi Jan. 29 Jan. 18 6554 Jan. 28 68 Jan. 9 96Vi Jan. 18 100 9 1954 Jan. 5 29V4 Jan. 85 Jan. 28 Jan. 28 85 8854 Oct. Apr. 16 29 102 May 27 126 June 10 Jan. 26 Pub Service Co of N J— 47,000 "3",000 27,000 50,000 211,000 37,000 1,000 148,000 65,000 165,000 159,000 132,000 260,000 667,000 2,415.000 4,053,000 767,000 6,000 3,057,000 2,821,000 2,895,000 1931 9454 Sale' 5s series C... ..1950 4*ix series D Jan. 7454 Jan. 82Vi 79*4 Jan. Jan. Jan. 50 Jan. 76 ?r< Sale Sale 75 Sale 7654 Sale 100*4 Sale 05 H Sale 1950 ....1968 34,000 Quebec Power 5s 203,000 Queens Borough GlcE 4H« *08 9*4* 1952 359,000 90 81 *4 84 78 78*4 Sale Pub Serr of Okla 5s D...1957 Pub Serr Subsld SH* A..1949 Puget Sound P 4c L 5*4s„1949 5 102*4 Jan. 21 Sale 1966 4*4« series D..........1978 4*4s series E—........1980 4*4x series P ..1981 Jan. 78 Sale Jan. Jan. Jan. 50 100 101 90 102 6% perpetual certificates Pub Serv of Nor Ills 5s 5s series C. 7654 Jan. 70 69*4 Jan. Dec. Jan. Dec. Jan. 77 75 76 71 101 Dec. Dec. 76*4 Dec. 50 Dec. 94 6954 Dec. 67*4 Dec. Jan. Jan. 63 21 10 2 24 29 Aug. 12 July Aug. 100 Sept. 99*4 July 101M May 105 99 76*4 Dec. 10454 Apr. 28 101 May 18 94 J4 Aug. 4 Dec. 100*4 July 25 103 96 Dec. 8 104 90 Dec. 10 105 Sale 102 99 100 90 Jan. 80*4 Jan. 66V4 Jan. Sale Jan. May 26 June 22 May 22 Radio- Keith-Orpheum—■ Deb 6s part paid 19,000 13,000 ..1941 100 Jan. 13 106 Jan. 1941 102 Jan. 14 106 Jan. Deb 68 full paid... 16 16 Reliance Bronx* a Steel— 16,000 59,000 12,000 237,000 75,000 132,000 18,000 32,000 56,000 621,000 15,666 38",000 1,688,000 371,000 5,653,000 3,744.000 2,980,000 655,000 298,000 Conv deb 6a...........1944 4,666 3,000 60 Ruhr Gas Co 6 Ms 1953 Ruhr Housing 4 Via A....1958 Ryeraon (Jos T) It Sons * a 1943 72 St Louis Gas It Coke 6s..1947 Safe Harbor Water Pr 4H* *79 42 1,179,000 6,696.000 16,000 Salmon River Power 5S..1952 ..1958 1,461,000 San Ant Pub Serv 5s 29,000 San Joaquin L 4c P 6s B—1952 .1955 330,000 Sauda Palls Co 5s 2,176,000 237,000 1,043,000 620,000 347,000 3,684,000 1,105,000 1.366,000 3,904,000 485,000 170,000 57,000 5% G notes 197,000 28,000 Jan. 5 2 Sale 20 Sale 2154 Jan. 2 7954 Jan. 29 Jan. 19 14 14 28 Jan. 9 16 Jan. 19 7 8454 Jan. Jan. 14 18 Jan. 4 23 90 90 Jan. 6 92V4 Jan. 18 70 Jan. 7 77 Jan. 96 Sale 88 Jan. 5 96 Jan. 26 36 Sale 25*4 Jan, 5 27 Jan. 9 36 40 Jan. 40 Jan. 40 Sale Jan. 8 40*4 Jan. 9 8 Jan. 6 68 7 13 72 74*4 Jan, 28 '94" Side *75 75 Jan. Jan. 26 Sale Sale 19 9054 1932 00 1935 67*4 Sale 1935 Sale 25 Vi Sale Scripps (£ W) Co 5*4s—_ 1943 ..1948 Shawlnlgan WAP 4HS..1967 4 *4 a series B 1968 5s series C— .....1970 4Hs series D ......1970 Sbawsheen Mills 7a 63 H Sale 03 Sale 93 Sale 73 *4 Sale Sale nH 7LH Jan. Jan. Jan. 17 Mar. 4 42 Apr. 21 Dec. 17 Dec. 17 12 Apr. 13 ay 2 Dec. 19 Dec. 18 Dec. 21 15*4 Oct. Jan. Sept. 22 Feb. 16 Mar. 16 Apr. 14 8454 Dec. 31 ar. 6 14 6 Feb. Dec. 28 Dec. 15 Dec. 21 Aug. 14 May 18 104*4 Dec. 10 86 Dec. 24 May 29 Sept. 3 Dec. 30 Dec. 29 Dec. 29 Dec. 19 Dec. 17 Dec. 16 Apr. 29. 89 98 76 10054 Sale 93 H Sale 74 Jan. 68 81 Sheffield Steel 5 Ms 100*4 Sale 1948 100« Sale Jan. Sheridan Wyo Coal 6s 1947 '65"' 28 Vi Southern Gas Co 6His 1935 Without warr 95,000 1957 6,000 Southern G & E 5s A 1944 5,776,000 Southern Nat Gas 6s Without privilege 569,000 Jan. 27 Jan. 26 33 Sale 24 Jan. 50 Sale Jan. Jan. 21 Jan. 7 Jan. 14 60 56 60 58 74 59 100 70 26 38 5 30Vi Jan. 24 11 13 Jan. 20 Jan, Jan. 20 74Vi m. mm 70 33 mm ■ — — — Mar. 28 May 11 Apr. 9 July 22 Dec. 7 Apr. May la May 25. Dec. 17 Dec. 28 Mar. 25; 18 May 14. Sept. 24 Feb. 24 Mar. 8 Jan. 13. Oct. 19 Nov. 18 Jan. 11 33 Dec. 23 Feb. 25. 15 Jan. 28 19*4 Dec. 18 75 Nov. 27 62 Dec. 15 Mar. 26 67 "77" Sale 72*4 Sale' 72Vi Jan. 30 82V4 Jan. 14 98 Sale 9454 Sale 97 *4 9954 Sale 103 Vi Sale 19 44 43 40 4 ~ Silica Gel Corp 6M% notes with warrants........1932 Jan. Jan, 12 75 7 8154 1931 2,564,000 Southern Calif Edison 5s 1951 1,366,000 Refunding mtge 5s.... 1952 General & refdg 5s 371,000 1944 Ref Mtge 5a 744,000 1954 1,117,000 Southern Calif Gas 5S...1937 5s 1957 416,000 5)4s Series B 1952 88,000 6s 1950 7,000 lat & ref 4H* 719,000 1961 4,000 Jan. 78 25 40 35 26 Jan. 20 32 2154 Sale 6s without warrants 291,000 117,000 14", 660 11 12 Sale 20 Schulte Real Est Co 6a Servel Inc 5s Jan. Sale 34 4 . 97,000 1,030,000 Snider Pack 6% notes 1932 157,000 Sou Carolina Power 5s.. 1957 2025 5,896,000 Southeast PAL 6a 80,000 1,000 1,000 Sale Sale Jan. Jan. 26 20 Vi Rochester Cent Pow 5s A 1953 13,000 78,000 7,000 498,000 77*666 79 65 Rem'ton Arms 5*4% notes *33 Republic Gas Corp 6s A.. 1945 Saxon Public Works— 240,000 11,000 30,000 48,000 23,000 254,000 30,000 175,000 312,000 35 Reliance Management 5s.l954 With warrants.......... Sale 94V4 Jan. 30 9454 Jan. 29 98V4 9854 Jan. Jan. 7 97 Dec. Aug. a Apr. 17 18 106 Apr. 13 Sept. 4. Jan. 30 98Vi Jan. 83 Jan. 84 Jan. 28 88 84 Jan. Jan. 94Vi Jan. 23 94*4 Jan. 9654 Dec. 28 106*4 102*4 Jan. 19 105 Vi 97*4 Dec. 31 106 V4 83 Dec. 16 96 *4 82*4 Dec. 18 10354 9354 Dec. 29 104 77 103"" Jan. 29 81*4 Jan. Mar. 20'. 104V4 Mar. 25 105 78 Dec. 15 97*4 Aug. 17 9 Sale "94*4 Sale ~90*4 Side 94V4 68 ... 73 Vi Sale 29 Vi Sale 29 *4 Sale Jan. 6 80 Jan. 72 28 27 Jan. 21 32 Jan. 22 Jan. 27 33 Jan. June 46 Aug 7 Aug. 25. Apr. 22 Dec. 28 101 95*4 Jan. 9 Dec. 18 18 Dec. 15 South Jersey Gas Elec A Trac 5a 1953 6,000 47,000 Sou New Engl Tetep 5s.. 1970 Jane 10. Sept. 15, 95*4 Jan. 9 89 Mar. 26 8254 Apr. 24 105 June 103 Vi Dec. 11 105V4 Sept. 17 17 111 Sept. 1Q 85Vi Sept. 22 94 *4 May 23 197,000 Southwest Assoc Tel 5s. 1961 . Southwestern Dairies— 2,000 119,000 21,000 43,000 102,000 18,000 243,000 336,000 157,000 121,000 46,000 14,000 322,000 15,000 491,000 1.154,000 448,000 9,000 738,000 318,000 2,700,000 2,506,000 2,777,000 1,762,000 558,000 294,000 3,710,000 257,000 66,000 180,000 7s Oct 1 '36 without warr.. 2,033,000 78 1946 without warrants. 2,322,000 1938 56,000 Strauss (Nathan) 6s 21,000 Strawbrldge A Clothier 5s *48 6Hs with warr.. ...1938 Southwestern G A E 5s..1957 Southwestern LAP 5s.. 1957 Southwest Nat Gas 6s__.1945 Southwestern PAL 6s. .2022 Staley (A E) Mfg 6s 1942 Standard Gas A Elec 6s_.1935 Conv 6s 1951 Sale Sale 6*i Jan. 14 70*4 Jan. 29 2 62K Jan. 60 Sale Sale Sale "75"" Sale 72 Jan. 22 Jan. 6 Sale 65 Jan. 2 99 Vi Sale Sale 6 76Vi 65 63 66 54 Jan. Jan. Jan. Sale Sale 21 65 98~" Sale Sale 98 Stand Power A Lt 6s 1957 Standard Telep 5 Vis A...1943 95 Vi Sale Sale 73 Vi 76 Sale 70 Jan. Sale Jan. 11 66 Sale 72 *4 6354 64 Sale 6s 1966 Standard Invest 5 Vis 1939 5s without warrants...1937 Sale Sale Oct. Dec. Dec. Dec. 23 52 Jan. 50 101 08 71 62 Vi Dec. 15 Dec. 17 Dec. 31 Dec. Dec. Dec. Dec. 21 86 18 85*4 17 100 19 83 Mar. 30 June 19 18 18 Apr. 14 Mar. 11 5 6*4 Jan. 76 72 25 81 70 9054 Sale 1935 6s 55 *91 68 Jan. Jan. Jan. Jan. Jan. 7 78 73 71 Jan. 2 54*4 Jan. 54 Jan. 52 68*4 Jan. 55 Jan. 6 Jan. 14 Mar. 20 Mar. 26 Feb. 26 May 4 98 Jan. 2 17 10254 Mar. 20, 17 10254 Mar. 18 15 10154 Mar. 19 50*4 Dec. 15 101*4 Mar. 24 52 Vi Sale U7A 64V4 Sale 61 Vi Jan. 29 Jan. 6 48 Jan. 13 51 Jan. 51 25*4 Jan. 12 30 Jan. 20 53 66 97*4 97 *4 6 7254 12*4 Oct. 60*4 Dec. 17 107 *4 Jan. Mar. 18 Mar. 30 Stlnnes (Hugo) Corp "i",66o 151,000 65.666 16,000 83",000 52,000 175,000 184,000 Stuts Motor of Amer 7 Vis 1937 Sun OH 5Vis 1939 1,134,000 85,000 5% notes.............1934 ..1940 374,000 Sun Pipe Line 5s 1,182,000 Super Power of 111 4Vis..l970 4 Vis 1968 828,000 ..—1940 3,352,000 Swift & Co 5s 5s 1944 1,087,000 64 Sale 6054 Sale 29 *4 25 Sale Sale 22 Jan. 29"^ Jan. 7 19 *4 Dec. 17 Dec. 100 Vi Sale 89 Sale Jan. 7 67 Jan. ~"7 Sept. 8 Oct. 7 49 67 5 92 July 28 Dec. 23 86 Jan. 5 93 86*4 Jan. 28 89 69 Jan. Jan. 25 4 74 Jan. 20 65 5 90 % Jan. 14 87 88 95 "72"" Jan"." 15 64 Sale 84 Jan. Sale 97*4 Sale 97 Vi Jan. 30 100 Jan. Sale 87*4 Sale 83 Jan. Jan. 23 Sale Sale 99 102 6 Mar. 11 Mar. 21 88*4 Dec. 31 9954 Dec. 28 Jan. 20 Jan. 16 70 70 Mar. 69 6 May 12 Aug. 22 Dec. 18 Sept. 21 Dec. 17 Dec. 10 Jan. 12 Mar. 19 May 14 Mar.l" Sept.1 Temple Anthracite Coal— 24,000 2l",606 6Vis 3,000 663,000 fenn Elec Power 5s 36,000 Tenn Power Co 5s 1,270,000 Tenn Pub Serv 5s 1944 1956 9V4 Dec. 19 99 Vi ...1970 7l*4 1,028,000 6Vis without warrants. 1953 2,085,000 1948 516,000 Texas Cities Gas 5s 4,960,000 Texas Elec Service 5s....I960 1945 1,253,000 Texas Gas Utilities 6s 1956 4,461,000 Texas Power A Lt 5s 6s .....2022 208,000 467,000 Thermold Co 6s with warrl934 73 V4 Sale 58 Sale §554 Bale 7754 Sale' 42 42 Jan. Jan. 18 84 Jan. 40 40 Dec. Dec. 89" Sale" 74 Vi Sale 54 Vi Sale Sale 20 Union Amer Invest 5s A.1948 462,000 Union Electric Lt A Pow (Mo) 5s series B ...1967 12,000 90 90 Jan. 40 Jan. Jan. Jan. Jan. 79*4 Dec. 87*4 Dec. 29 *4 Dec. 73 Dec. 80 103 Jan. Union Gas Utilities 6Vis A with warrants.. 1937 865 3* 73Vi Jan. 154 Jan. 1944 823,000 320,000 14 Jan. Jan. (Jlen A Co 6s 69,000 11,000 101*4 May 15 15 85 *4 Mar. 19 Mar. 12 71*4 Dec. 82 1979 87 71 Jan. 25 Jan. 14 Jan. 14 82 Sale 5 Aug. 17 Aug. 13 45 76Vi Jan. 29 99 13 Dec. 16 June 25 84*4 19*4 7954 Sale 18 Vi Sale Trl Utilities Deb 5s. 6,369,000 70 Jan. Jan. 95 Jan. 7 11 11 18 28 Jan. 21 2 Oct. Feb. 11 May 27 110*4 June 4 7954 Mar. 21 Nov. 8* Dec. Jan. Dec. 21 85 Mar. \ Sale 20 8 27*4 Jan. 15 70*4 Jan. 28 2 99 Vi 98 Dec. 18 106*4 Sept. 14 95 For footnotea tee page 56. 7954 90 84 95 10 Dec. 21 ol05 Oct. 13 104 Dec. 21 100 58*4 Jan. 89Vi Sale Sale 58 257,000 Tobacco Prod Corp 6Vis.2022 51,000 13,000 Sale Jan. 52 Terni Hydro-Electric Co— 153,000 22,000 215,000 35,000 140,000 10,000 41,000 4 ...1962 Oct. 26 Jan. 11 69*4 Dec. 28 r 5 9 9 86*4 Mar. 27 33 1% Apr. 11 NEW YORK CURB EXCHANGE 56 RANGE FOR PRICES IN JANUARY. AGGREGATE SALES. NEW YORK CURB EXCHANGE 12 Months 2. Jan. 1931. 1931. 5,471,000 Bid. BONDS (Concluded) Union Gulf Corp 5s 1950 9154 10054 Sale Bid. Ask. Without Sale Sale Prices. Jan. 29 91 Sale Jan. 53 warrants Lowest. Prices 9454 Jan. 14 9044 Dec. 15 103 May 25 58 Jan. 20 8 47 44 Oct. 92 Apr. With warrants 6244 Sale 56 Sale 5544 Jan. 4 66 Jan. Sale 8144 Sale 80 Jan. 4 85 Jan. 8 15 15 2 Sale 59 Sale 5744 Jan. 4 6844 Jan. 8644 Jan. 9644 Jan. 14 15 16 1941 1974 "70"" Sale" Deb 6a 1975 '9144 Sale" 5^a 1959 91 1952 80 1952 "22"" Sale" 9744 Sale United Lt & Rys 5 Ha 6a series A "56"" Sale" "5944 Sale" Jan. Jan.- 2 Jan. 30 22 56 32 66 Jan. 1937 Valvoline Oil 7s 6s Swerlngen Gorp— ...1935 6s with warrants 8,582,000 564,000 Virginia Elec Power 5s...1955 1,266,000 Virginia Pub Ser 5^8 A..1946 6a ...1946 451,000 5s series B_. 1950 746,000 Waldorf 1111 1 1 1 1 20 Sale 11»1 1 1 t 1 Astoria Western 553,000 967,000 1,965,000 87,000 5,823,000 309,000 West Penn Traction West Texas Utll 5s A 5s..1960 1957 ...1957 40 —- Sale "36"" Sale" — Wickwire "6744 Sale" "§4" Sale" 7044 Sale i ..... ..... 16 Dec. 29 50 Nov. 27 80 Feb. Jan. 9944 Jan. 7054 Jan. 14 27 26 44 Dec. 80 44 Jan. Dec. 63 80 Jan. 7 13 50 Dec. Jan. Jan. 4 14 29 29 26 50 Dec. 10 2 35 Dec. 10 Jan. 3844 Jan. 16 40 16 35 Dec. 15 28 3844 Jan. 28 26 21 39 Jan. Jan. 26 21 35 30 Dec. Jan. Jan. Dec. 31 5954 Jan. 7844 Jan. 5 Jan. 6 27 Jan. Jan. Jan. 36 35 7044 Jan . 22 30 63 63 Jan. 4644 Jan. 40 Jan. 1 103 94 Sale Sale Sale "5744 Sale" "67" Sale" 8854 Sale 64 Sale 19 Sale 95 5s 2544 Sale 62 5944 Sale Sale _ 10 75 Dec. 30 78 Dec. 23 Mar. 23 Mar. 20 Mar. 30 9344 June 30 9944 June 22 Dec. 9 Dec. 28 Dec. 30 Jan. Jan. Jan. Jan. 30 13 14 20 3344 Oct. 58 Dec. 18 10544 Aug. 16 9844 Aug. 20 55 Dec. 24 7144 Jan. 14 58 Dec. 18 49 98 77 68 29 2044 Jan. 9 Jan. 26 72 ' 11 Nov, 24 5 12 2944 Jan. 92 Dec. 16 Jan. 25 78 9844 Mar. 25 60 Feb. 85 934a Aug. 9154 Aug. 16 Dec. 29 74 Feb. 25 9944 Oct: 21 9944 Oct. 21 90 44 Dec. 29 104 44 June 3 9346 Dec. 23 10544 May 11 6 2144 Jan. 5544 Jan. 4 6 21 14 Dec. 17 6854 Jan. 65 Jan. 14 50 Dec. 15 93 Jan. 25 8844 Jan. 13 8554 Dec. 29 7844 Oct. 10 5744 Jan. 6 6344 Jan. 22 12 10044 Jan. 22 16 15 12 Jan. 8 46 83 Jan. 7 89 Jan. Jan. 4 88 Jan. 9 Jan. 9044 Jan. 9744 Jan. 8244 Jan. Sale Mar. 25 81 45 8454 16 9954 9744 9144 8954 5 Sept. 8 May 20 Mar. 21 Mar. 6 93 44 Dec. 17 60 July 30 66 87 Dec. 21 10444 81 Dec. 21 104 May 29 Sept. 9 Aug, 4 Aug. 3 50 Dec. 10044 Jan. 16 2 Mar. 19 10044 Jan. 19 "9344~Jan""l2 "93 X Jan" "12 91 Dec. 30 10644 Aug. 24 18 14 90 Nov. 30 10544 July 83 ..... May 16 87 17 Dec. 16 15 Dec. 16 8844 Jan. 7954 July 20 Dec. 17 90 85 Jan. 91 15144 Sale" Yadkin River Power 5s_ .1941 York Ice Machinery 6s. 30 58 Jan. 9944 Jan. .1952 .1958 5 Ha Series B Mar. 20 Mar. 26 Apr. 7 86 44 Jan. .1958 ... 84 83 44 77 7644 7644 15 8644 Sale .1956 series F 68 Series A 8 16 9444 Jan. Sale Sale Sale 17 17 9 Aug. 19 9444 June 18 99 15 16 15 Wisconsin Pub Serr 5s. .1942 "14,666 4844 Jan. 30 9144 Jan. 29 6944 Jan. 4 56 Jan. 2 6244 Jan. 8 85 86 9 13 6044 Mar. 31 Apr. 2 Jan. 83 48 6 944 Jan. 75 Jan. 6954 Jan. 83 40 Sale 9 69 29 14 29 —... 49 80 Spencer IHs- .1932 Wisconsin P & L 5s E Julr 10844 Aug. 20 10144 May 20 Jan. 40 — Westvaco Chlorine 5 H*- .1937 371,000 6,000 599,000 453,000 1,000 16,000 50,000 Oct. Nov. Q9 Dec. 95 Jan. 45 1961 5s series A new Dec. 53 82 29 48 4644 Sale ...2030 West Penn Elec 5s West Penn Pow 4s H Dec. 39 66 Sale 1960 Newspaper Union— 6s 1944 Conv deb 9 80 6 Corp— Wash Water Power 5s Mar. 9744 Mar. 12 105 July 2 1444 Jan. 39 Jan. 55 "78"" 7,000 Wanamaker (J) Phlla 544 s '49 ..1937 465,000 Ward Baking Co 6s 661,000 7 102 Dec. 5 96 1st 7s with warrants...1954 1,111,000 May Dec. 52 30 Sale 15 1948 Van 90 53 5 Van Gamp Packing— 122,000 1544 Dec. Jan. United Porto Rican Sugar 6 H% notes series A 9,000 1937 ..1942 407,000 United Pub Serr 6a__ 1938 60,000 U S Radiator 5s ser A 61,000 United Rys of Havana 7 H» '36 558,000 U S Rubber 644% notes..1932 Serial 6 H% notes 390,000 1933 Serial 6 H% notes 214,000 1934 Serial 6 H% notes 181,000 1935 100.000 8eriat 6 H% notes 1936 Serial 6 H% notes 90,000 1937 Serial 6 H% notes 165,000 1938 Serial 6H% notes..... 1939 108,000 Serial 6 44% notes 170,000 ..1940 Serial 6a 1933 2,648,000 1944 485,000 Utah Power & Light 5s ....1940 37.000 Valspar Gorp 6s.. 4 9244 Mar. 12 Oct. 9244 Jan. 82 1932 5a 78,000 Highest. Sale Prices. 48 United Indus 6 Ha United Lt & Pow 6^s_. 1931. Sale Prices. Highest Lowest Jan. 30. 2. Ask Bid Ask United El Serv (Unea) 7a_1956 502,000 545,000 1,187,000 904,000 387,000 1,698,000 6,227,000 2,271,000 911,000 YEAR Price Jan. Jan. 7 13 91 Jan. 93 Jan. -1937 Mar. 16 2 FOREIGN GOVERNMENT AND MUNICIPAL Agrlcul Mtge Bk Rep of Col— 20-year 7s... Jan 15 1946 601,000 20-year 7s Jan 15 1947 804,000 1952 7s 1,403,000 Caucx Valley Jan. 34 Jan. 30 Jan. Jan. 28 29 13 28 4344 Jan. 28 Sept. 23 2344 Sept. 24 Jan. 2 1544 Jan. 14 10 2644 Jan. 5 Jan. Jan. 6 7 15 15 11 1944 Dec. 30 53 4044 Jan. 3144 Jan. 6944 Jan. 8044 Dec. 29 8044 Dec. 29 10244 Dec. 30 10044 38 Jan. 26 Sept. 26 2144 Jan. 4 17 Dec. 28 19 Jan. 13 14 9 23 3o 4444 Jan. 3544 Jan. 3054 Jan. 15 Dec. 17 35 "3l~" Sale" 8244 Sale 21 42 25 14 6 Mar. 31 9744 Mar. 14 9044 Mar. 23 (Dept of) Rep ol Colombia extl 759,000 35 22 Sale Sale 2 3544 Sale 3854 Sale 22 22 4 21 5 4 4044 Sale Sale Sale Jan. 43 63 /Jan. 2244 Jan. 2844 Jan. 2944 Jan. 3754 Sale 70 1951 587,000 Baden (Germany) 7s 3,313,000 Buenos Aires (Pror) 7>4s_1947 f 7s.. • 11 .1948 11 Sale Dec. 16 75 Apr. 24 Cent Bk of German State ft Prov Banks 6s.........1951 2,086,000 6s 1952 489,000 868,000 Danish Cons Munlc 544 •-1955 5s... 1953 280,000 Danzig P Ac Wat'way Bo external s f 6 44s .1952 404,000 German Cons Munlc 7s..1947 3,447,000 3,976,000 380,000 567,000 1947 6s Hanover Hanover 19 9954 Sale "77" Sale" 23 54 6744 Sale 2054 Sale Sale Sale 14 54 Jan. 36 Jan. 28 22 Dec. 18 2344 Jan. (City) Ger 7s... 1939 (Prov) 644® 1949 2 8 27 31 Jan. 14 15 Dec. 17 54 Jan. 62 Jan. Oct. Jan. 7 Jan. 21 8 35 5 5 5 Indus Mtge Bk of Finland f 7s 1944 Lima (City), Peru, 6H«-1W8 Maranhao (State) 7s 1958 Medellin (Colombia) 7s..l951 Mendoza (Prov) Argentina 744® 1951 Mtge Bk of Bogota 7s 1947 7s issue of 1927 (MAcN). 1947 Mtge Bank of Chile 6s... 1931 Mtge Bank of Denmark 5sl972 Netherlands 6s 1972 s50 1st mtge coll s 1,053,000 178,000 240,000 448,000 1,162,000 - 366,000 324,000 1.793,000 182,000 551,000 24,000 Newfoundland Parana 956,000 1,968,000 Rio Sale 6'o 5 Sale Sale 2044 Sale I4 9544 Sale 98 Sale 15 12 18 Jan. 13 15 Dec. Jan. Jan. Jan. Jan. 5 2 4 4 31 Jan. 18 Sept. 37 Jan. 22 25 19 Jan. 19 15 Jan. 23 14 Dec. Dec. 104 10244 Jan. 7 16 Sale Mar. 17 90 Mar. 9 8254 Apr. 13 9544 Mar. 14 8444 Mar. 19 80 Mar. 10 4944 Jan. 13 5954 Mar. 20 79 Mar. 13 95 Dec. 37 8 60 (Stateof), Braz7s.'58 1959 Jan. 6 Jan. 1144 Jan. 11 26 1044 Jan. 7 Jan. 20 Jan. 29 144 Jan. 28 18 18 26 1 Jan. 144 Jan. 144 Jan. 54 Jan. 144 Jan. 144 Jan. 80 7654 9954 10144 10544 10154 Oct. Sept. 9944 May Mar. 21 Mar. 19 Mar. 7 Apr. 9 Mar. 30 Jan. 17 Mar. 9 o6 44 Dec. 9 Dec. 31 5444 Mar. 20 18 68 Dec. 17 3 Jan. 54 Dec. 8 54 Dec. 30 54 Dec. 9 3 Feb. 3 Mar. 14 3 Feb. 19 2 10354 June 19 29 26 1919 544® IWl 544s certificates 1921 Saar Basin Con Counties 7s 1935 231,000 274,000 Saarbruecken (City) 7s_.1935 16 78 98 7 1 1919 (City) Argentine Republic extl 7s....... 1945 299,000 550,000 Santiago (Chile) 7s....1949 1961 269,000 Santiago (City of) 7s 30 Jan. Sale de Janeiro 644® 644s certificates 1.834,000 627,000 402,000 16 Dec. 2544 2044 2044 1144 1952 574,000 Russian Govt 6 Ha 1 Dec. 17 _ 5s..... 5 8 Mar. 7 Mar. 7 May 13 May 12 1 Mar. 19 13 10 83 9 87 Jan. 15 70 Oct. 95 Jan. 19 95 Jan. 19 90 Sept. 30 10444 June 17 30 Jan. Jan. 4 25 Sept. 29 Jan. 8 2 35 10 1014 Jan. 9944 Sale Jan. 5 13 Santa Fe *No par value. n Sold under the rule, o 76 Sale 1044 Sold for cash, s Sale Deferred Delivery sales, a: Ex-dividends, 1254 Jan. 18 Jan. 21 Dec. 8 29 Sept. 28 8544 Mar. 20 86 Mar. 23 86 Mar. 24 y Ex-rigbts. affecting tbe range were made as follows in 1931: Jan. 16, National Baking com., 100 at 5; Feb. 8, General Rayon deb. 6s, 1948, Consol. Automatic Merchandizing com. v.t.c., 100 at 5-16; March 16, Iron Cap Copper, 100 at 154; March 20, Northern States Power 7% pref., 50 at 11044; March 23, Illinois Power & Light 6% pref., 18 at 9754; April 21, Prussian Electric 6s, 1954, $4,000 at 8044; May 13, Chicago District Electric gen. deb. 544s. 1935, $2,000 at 10344; May 18, Shawinigan Water & Power 1st 444s, series A, 1967, $5,000 at 9844; May 26, Cumberland County P. & L., 444s, 1956, $1,000 at 100; June 3, Wright & Hargreaves Mines, 100 at 544; June 15, Puget Sound Power & Light 444s, series D, 1950, $3,000 at 95; June 29, Gillette Safety Razor deb. 5s, 1940, $9,000 at 9644; July 9, New York Power & Light 444s, 1967, $4,000 at 10054". Aug 3, Godchaux Sugars, class A, 100 at 17; Aug. 10, Consol. G. E. L. & P. 444s, series H, 1970, $7,000 at 10554; Oct. 1. Pender (D.) Grocery, class A, 100 at 5044; Oct. 30, Dayton Power & Light 5s, 1941, $1,000 at 106; Nov. 11. American Fork & Hoe common, 5 at 25. " Under the rule" sales $3 000 at 55: March 9, affecting the range were made as follows in 1931: Feb. 17, McCord Radiator Mfg. 6s, 1943, with warrants, $1,000 at of Chile 6s, 1931, $2,000 at 100; Feb. 26, National Trade Journal 6s, 1938, $2,000 at 15; March 11, Virginia Public Service "Deferred delivery" sales Feb. 24, Mortgage Bank 58; 6s, General Public Service deb. 5s, 1953, $2,000 at 9354; April 15, Northern Texas Utilities 7s, 1935, $1,000 at 10044; April 22, pref., 25 at 100; May 7, Southern California Gas 5s, 1957, $3,000 at 10454-105; May 7, Southwest Gas & Electric 1st 5s, 19,57, $1,000 1946, $5,000 at 9454; April 1. Truscon Steel at 103}" (Ivingd National ' " xoc* uu. ua, XXJOOt au ou/l, xsokj. 4 A ~ ' u, xiuiuumg io, jloou, <lurv uu, i'w. a a, ixiivi vw u1511u 00, oui ivra v, jlsusi vk""" 90; Dec. 15, Associated Gas & Electric 444s. 1949, $2,000 at 32; Dec. 15, Associated Telephone Utilities 6s, 1933, $1,000 at 76; Dec. 15, Central Public $2,000 at 19; Dec. 15, Commander Larabee 6s, 1941, ctfs. of dep., $1,000 at 13; Dec. 16, Jersey Central Power & Light 5s, 1947, $1,000 at 85; Dec. 16, Northwestern Power 6s, 1960, $1,000 at 37; Dec. 17, Associated Telephone Utilities 544s, 1944, $2,000 at 48; Dec. 17, Cities Service Power & Light 544s, 1952, $1,000 at 4944; Dec. 17, Hanover (City) 7s, 1939, $1,000 at 20; Dec. 18, Idaho Power 5s, 1947, $1,000 at 93; Dec. 18, Middle West Utilities 5s, 1932, $1,000 at 55; Dec. 18, Middle West Utilities 5s, 1935, $3,000 at 38; Dec. 21, Indiana Electric 5s, series O, 1951, $5,000 at 53; Dec. 22,Central Public Service class A, 200 at 154; Dec. 22, New England Power Assn. 5s, 1948, $2,000 at 56; Dec. 28, Consol. Gas Utilities class A, 100 at 144; Dec. 30, Intercontinents Power 6s, 1948, w. w., $3,000 at 3; Dec. 30, Poor & Co. 6s, 1939. $2,000 at 60; Dec. 31, American Com¬ at Service 544s, w. w., 1949, monwealths Power 63. 1940, $1,000 at 14. New York Produce Exchange MONTHLY AND YEARLY RECORD , RANGE OF PRICES ON SECURITIES MARKET ON THE NEW YORK PRODUCE EXCHANGE Stock Sales. January 1931. 253,917 1931. Jan. 1 to Dec. 31- AGGREGATE SALES. „ NEW Jan. 1931. 1999 Assoc Gas & Elec 6s Bid. 30 Ask. Bid. Lowest. Highest. Shares. 19.500 Cities P S 6—.1949 STOCKS Shares. Ask. Sale Prices. Sale Prices. ~60~" "67"" "2*.666 1554 20 500 Am Utli & Gen A conT ...—.15 * 300 Andlan National Cap.. 25 Arkansas Pow & Lt 6% pref.* 35 1.000 30 ,15 .20 IX Jan. 2X 2X "".03 "".07 "".05 "".06 16 20 XX Jan. 29 29 ".03 Jan" "6 ".05 Jan. 22 22 X X — .60 .40 .50 X 5X 6)4 7)4 XX IX Sale .40 .50 4 .40 Jan. 11 .70 Jan. 27 154 Jan. 7 *2H~JanI"21 2)4 9^ 9 2.35 Sale" .20 .32 2.30 2.70 2.75 Sale .30 Sale 2.35 Jan. .15 Jan. .30 1.00 .12 Sale .50 54 2.75 Jan. .35 Jan. 2 27 .25 a.00 .18 .12 Jan"~2 "720 """.30 .25 5 1 .25 Jan" "26 21 16 .12 T".13 JanT""5 .30 Jan. 18 ... .10 85)4 4454 100 Columbia Investing -.* 440 Columbia Phonograph v t c_* 5,300 Commercial Credit cond warr 6 % 3 X 20X ....... ... ii 2* .30 — v .10 Jan. .18 .10 Jan. 22 22 2.00 .25 .15 """.25 ""306 7,500 31,100 Corporate Trust Shares..... 1,300 Cumulative Trust Shares—. 100 Deposited Bank Shares NY.. 3,600 Detachable Bit of Amer....* 212,400 Detroit & Canada Tunnel..* 200 Diversified Trust Shares A.. 700 ""166 17,400 100 5,600 C----IZ-I-—---- XX Exeter Oil Co A... 3 .— 20,166 2,500 IX X IX 12 X. 12 M 1 50 1-32 .10 .1 1-32 .10 13-32 96 K - X .10 Jan. .20 .10 Jan. 13 13 100 96)4 17X 18)4 1354 1454 "554 Sale" 14 2.09 Sale 3.25 3.10 3.50 3 554 3K 20 .20 Sale 2.55 Sale 6 4 2.20 Jan. 2 Sale 73 .19 3H value. 6 6 Dec. 29 10 13 7 June 17 Dec. 18 Oct. 14 Nov. 5 .15 2.55 3 Z"iH"ian**12 .50 2.85 .10 Jan. 7 "2".55 JanZ""2 1|4 Jam .25 Jan. 5)4 Jan. 21 26 2".55"Jan: 6)4 Jan. 19 10 June 25 2.50 Dec. 16 1 15 1 Nov. 23 .10 Dec. 19 1054 Sept. 28 9)4 Sept. 22 2.90 Nov. 29 t m .15 — 354 Sale eevfteipi X — 2X .33 7 .07 2X Sale — 1 .33 — ~~2~X Jan. 26 .20 Jan. 7 2X Jan. 27 Jan. 4 .35 Jan. 8 8 2X Jan. 27 154 Oct. i .25 Aug. L 7 Dec. 3 46)4 Jan. 1! 2)4 Sale 11 14 —.* 10 .75 .80 "52" "55)4 13 1.25 2.00 10 .75 .75 12 1.25 2.00 is"" "20' IX Jan. lix Jan. 21 15 m 6 2 Apr. 7 4X Mar. 24 1.48 Feb. 24 13 Feb. 4 73 Jan. 5 3)4 Oct. 22 8)4 Dec. 23 Apr. 17 2.50 7 2.40 .32 3 Feb. 6 Dec. 22 Nov. 24 Mar. 18 40c Jan. 28 1)4 Jan. 6 70 Sept .22 28)4 June 24 7 Jan. 6 254 Oct. 20 .14 Apr. 29 .92 Oct. 3 2.20 Nov. 13 .30 Nov. 10 1254 Dec. 29 102 Feb. 50 554 3)4 3X IX 5 54 L03)i 5)4 10 Feb. 10 Feb. 24 Feb. 24 May 15 Mar. 2 Apr. 1 Mar. 9 June 30 Dec. 29 Jan. 19 Apr. 1 Sept. 11 May 27 May 26 May 14 22 Jan. 33 X Jan. 8 13 6)4 Mar. 9 654 Feb. 24 8 Mar. 28 3)4 Oct. 1 7)4 Mar. 26 4 18)4 1454 6)4 754 Jan. 21 Mar. 18 Apr. 6 Mar. 4 Aug. 5 5X July 17 .75 July 21 140)4 Jan. 10 4)4 Apr. 3( 50c. Apr. 11 130 Jan. If 2854 Jan. 11 .05 Dec. I! .60 Feb. Nov. 554 Dec. 22 1.60 Aug. 20 .60 tmrnmm m 2 2 57 1.50 Mar. 1( .80 Dec. If .20 Feb. f ~2X "r4X m m 95)4 Feb. 16 90c 1.65 4X .21 5)4 3 44c. Mar. 25 20 Oct. 1 5c Feb. 5 1.05 Aug. 10 5X Sale 1.00 1.20 5 Feb. 27 Mar. 13 3)4 Sept. 12 454 June 2 1)4 8)4 10)4 54 1.00 77 ...1 1 100 Guaranty Trust of N Y 100 150 Guard Detroit UnIonGroup20 no par Aug. 454 Oct. 3)4 Oct. " "I 16)4 15 2.05 Jan. 3.35 -- 8 July 14 June 30 Sept. 11 Dec. 22 21 15 2.20 Sale "_ 2,200 Group No, Two Oil 1 Dec. 10 29X Jan. 12 6)4 Mar. 9 Globe Television & Phone..* Golden Cycle Corp Cap 900 Granada Gold Mines 10 Nov. 4)4 Jan. 100 General Water Treatment..* *£466 Nov. 27 9-32 Mar. 31 96 Dec. 22 13-32 600 Glen Falls Insurance......10 16~506 .25 1.70 .25 12 X IX X 2 54 8x 3X 1-16 3 "2"" 20 2 12 32,600 Flag Oil of Del capital...—* 50,675 Fuel OH Motors Corp......10 1 140,600 General Min Mill & Pow 100 Dec. 23 May 22 Sept. 1 .25 Nov. 18 2 Jan. 8 9c Nov. 28 2 3 3 120 Fidelity & Deposit (Md) 50 100 Fireman's Insur of Newark.10 T. 8)4 1.90 3 1.90 754 Aug. 100 Elec Bond 8c Share frac scrip 300 Excess Ins Co of America—.5 1 2 854 Oct. 28 69)4 Apr. 4 IX Dec. 12 4754 Jan. IX Oct. XX 3X D 1 119,100 Eagle Bird Mine capital 4,900 Eldorado Gold Mines Ltd—1 1,000 Apr. .39 July 32 X Dec. 11 .... 700 Nov. 2 Mar. 20 28)4 June 24 X Dec. 7 1 Aug. 12 14c Apr. 29 231 4j Sale 4554 —I 66,800 Condor Gold Mines 52,400 Cons Gas (N Y) rights w I.... $5 pref when Issued.. * 11,400 500 Consolidated Ind 8c Ins Co..5 600 Contin Bank & Tr of N Y..10 700 Continental Casu alty. 10 100 Corp Secur Co (Chic) units.. 21)4 8 * 6,400 Chemical Research Corp 500 Claremont Investing Corp..* 2,900 Color Pictures Inc.—.._...* 1.700 Columbia Baking.... ....* ....* 2,000 Col Baking 1st pref Second preferred 200 —* -1 25 22 22 23 16 29 70" Sept ."22 1 271,000 California Juneau Gold -1 136,200 Carson Hill Gold Castle Trethewey Mines Ltd 1 2,000 ... May Oct. Sept. Nov. Feb. June 9 5)4 June 10 354 Feb. 11 "25 Bond & Mtge Mines IX 54 .05 19 X 95)4 X 54 July Black Hawk Cons Mines—$1 * 800 Central National $3 A Chase National Bank.....20 10 310 Chemical Bank & Tr Co 17)4 Mar. 54 6 Feb. 39 50 3 IX 1 IX Feb. 6 X May 22 15 Mar. 13 2 4)4 4X 9 73 6 39 35 27 35 "U "vA "".25 "".50 7X 68)4 2,200 Basic Industry Shares * 15,600 Basin Montana Tunnel A .1 15,500 Belmont Metals Corp. 500 B G Sandwich Shops Inc—* I 9,700 Big Missouri Mining ...* 600 Bird Aircraft Corp 20 15 5 1,000 Banca Comm'le Italia..500 llr 3,800 Bancamerica-Blair Cap w 1.10 100 Bankers Secur 6% pref....50 185,300 Como .12 Dec. 18 1.40 July 21 47 X Jan. 12 52 Jan. 13 1.10 Nov. 5 1.12 Nov. 6 M Sept.14 -I- "if .40 2.452 1,500 Jan. 1X Dec. 22 3)4 Feb. 11 354 Feb. 11 8 Feb. 27 17)4 Mar. 3 IX .....1 116,300 Bagdad Copper Guar capital.20 100 Bourjois Inc $2.75 pref.....* 13.800 British Can Shares Inc.....* * 5,500 Brown's Lunch System -.5 500 Butte Madison Mines I 16 20 17 30 —...1 American Sealcone 163,900 Andes Petroleum """i65 Jan. * 400 Bandini Petroleum T665 11 * 200 Baltimore Amer Insur. 13.500 Sale ..." ii* Assoc Dye & Print v t c * 100 Assd Dye & Print S3 pref * 200 Assoc Gas 8c Elec $4 pfd new * .....* 1.700 Assoc Natural Gas 13.506 16 ""'.85 "Vlo '"".85 "ITio 1,200 "5" 166 Mar. 1)4 Feb. Amer & Continental w w— * 100 Aasi Glanxstoff A 100 American Insur (Newark) —5 100 American Investors S3 pfd._* 23,000 Sale 15 10 300 Amer Bemberg com B 200 3*.665 8254 Mar. 17 2 89 Mar. 2 Apr. 23 109 X Apr. 23 61)4 June 8 62)4 June 5 89 109 —1 600 Amalgamated Laundries..„-* 44.500 Sale Prices. 47 Mar. 5 Par. 490 Aetna Insurance 200 Ajax Oil & Gas Ltd 100 All Amer General warr 100 Highest. 4654 Mar. 10 81)4 Mar. 17 35 1,247,950 Admiralty Alaska Gold——.1 1,100 YEAR 1931. Lowest. Sale Prices. Jan. 30. 2. Ask. Bid. 6,000 Cities Serv Pow & Lt 5)4s 1949 1936 5,000 Cuban Amer Sug 8s 1966 6.000 Phila Electric 1st M 5s 4,000 Southern 1930. 4,128,000 RANGE FOR PRICES IN JANUARY. Par. $ 3,000 1931™ $455,000 Price about Jan. 2 BONDS 1931. 1931. $154,000 Jan. 1 to Dee. 31 10,388,724 YORK PRODUCE EXCHANGE % 1932. 1 January 1930. 8,469,092 — 12 Months January. Bond Sales. 1932. 381,087 Shares . .20 Feb. 28 X Jan. 3 17 IX Mar. 12 7 .71 7 48 Feb. Nov. Dec. Jan. 28 30 31 12 Jan. Jan. .10 1.25 .80 473 26 — Dec. 17 Nov. 27 Dec. 23 Jan. 15)4 July 23 1.73 Nov. 4 254 Feb. 25 13 473 Jan. 13 Oct. 13 54 Jan. 14 , NEW 58 NEW YORK PRODUCE EXCHANGE AGGREGATE SALES. ^ January. Shares. Shares. 1,800 STOCKS 700 Home Fire Security 400 Home Insurance Jan. 1931. Par Bid. 2. 3 12 5X 31 X 6)4 32X 25c 7X 35c 1 444,500 lnternat'l Rustless Iron X .50 1 1 9g Lowest. Highest. Sale Prices. Sale Prices. 2H Jan. 5K Jan. 9 Jan. 16 Jan. 29 12 Dec. Vitamin * Interstate Natural Gas * Ironrite Ironer * 1 5.000 Irving Trust Co...........10 35 X 17X 4 .05 % 3 25 .22 Sale "8,666 i .19 Jan. 11 .25 Jan. 16 7X 8 2% 7X 2 9 2% 8 < Jan. 7 Jan. 9 8H ... Sale 2 X ... .15 15 1.25 Mar.21. 12 5X Jan. 3)4 Jan. X Jan. 6 X IX .30 .15 .10 Jan. 28 2.10 Jan. 29 .25 .10 .30 4 .14 2.70 2.05 2 45 X 25,500 ""I56 2,081,500 MacasBa Mines Ltd 1 2,866 Macfadden Publications....* 1,900 $6 Preferred * 12H IX X .17 Dec. IX Jan. 4 1 8 .85 11 .87 .50 .32 6 3 27 24 .14 4 ¥.60 Jan"" 14 .32 2X 2M 3K '3X 8X .75 IX .30 Jan. 6 Jan. 4 20 * ...20 1,300 Manufacturers Trust Co 806 100 25 Maxweld Corp ......* 100 Merch & Mfrs Fire Insur._._5 "166 1,300 Metal Textile Corp .» l66 Metropolitan Gas 5 5,060 78 28 80 27 X 5 National Aviation A warrants E 2924 34X 35K 27 9 IX Jan. X 6 11 IX Jan. 11 12 3 5c "3X ""5" 1.00 1 12 X 300 National Fire Insurance 1,400 100 Normandie Nat Sec 1,900 North 41,000 North 500 100 Amer 4X Jan. 11 4X Jan. 11 w Amer Trust North Butte Sale 4,200 1,000 79,500 54,500 1.00 10 X Sale '7",606 6,gOO Jan. 10 30 13X Jan. 23 6 2K Jan. 6 2.31 Sale 2.30 2.38 2.05 2.20 .40 .60 1 X Patricia Birch Lake Min 2.25 Jan. 4 Jan. 21 .45 Jan. 6 2.45 2.60 Jan. 18 Jan. 25c 1 5 IX 2K ... 6 18,000 Railways Corp Rhodesian Selec Tr Ltd..5 sh 27,500 49,700 1 IX .05 .15 3X Sale .12 Jan. 2 .15 Jan. 15 IX Jan. 11 3X Jan. 29 16c" "26c 500 .10 .25 IX 3X IK 34K 3X Sale 16 K 35X 4K IX 3 IX 9 .10 150 Seaboard Fire & Mar Ins.. 10 Seaboard Surety Co 10 Seaboard Util Shares warr... Shepard Stores Inc IX 14X 3X IX 16X 4.00 2% 3K 2X Jan. 28 IX Jan. & 4 Jan. 19 4 IX 2% Jan. 28 $1.25 * 4 9 10 "X SX 7X X X 2K 1 2VS X Jan. 2Ys Jan. 13 13 K Jan. 3X Jan. 13 6 3 5X 4X Jan. 12 4% Jan. 11 5X 9% 5c 3-16 8ps 50c 75c 35c 50c .45 15X 3X Sale .30 .55 Sale .45 .30 2X 2 X IX Sale .60 IX Sale .50 4X 2 2,500 Swedish Ball Bearing..100 kr ......* IK Jan. 4 2 Jan. 11 .50 ...1 Trent Process 1 B 400 Twentieth Century Tr Shs.. Twin City Transit Scrip 100 Union Financial A * 2,645 100 United Pub Util $6 pref.....* 400 U S & British Internat B * 2,400 650 100 200 "4",000 U S Elec Lt 9c Pow tr ctf A..* 6,300 4.000 i~,666 23,400 46 2 X Jan. X 3.50 2.50 X Jan. 28 B ♦ U S Fidelity & Guaranty..10 Utilities Hydro & Rails w w.* Warrants Van Sweringen Corp * 55c. .75 2.50 3.50 2.50 17 25 2 2H 75c. 1.50 8% 6 Sale 6X Sale 6X 7 55 3% Sale .55 .24 .50 1.25 .50 .35 1.25 Jan. 14 20 Jan. 14 2.X Jan. 29 4 Jan. 2 .35 Jan. 26 .48 Jan. 6 3X 2 :i 26 6X 4X X 3.40 3.35 .30 2.62 3.70 3.13 Dec. 29 7X Nov. 25 1-16 Oct. 7 5 7X 18 15 X Oct. 6 Jan. 13 2.50 2.70 3.50 3 70 X X 7x X .50 1.00 7 Dec. 15 Oct. 8 1 29 27 25 25 9 Xo ".25 .50 .30 .60 Mar. 20 18 X Mar. 10 34 X Jan. 22 4X Feb. 17 25c May 18 4 Feb. 25 IX Jan. 23 18K Jan. 17 3 Aug. 17 Dec. 3 4X Feb. 16 0 14 Feb. 11 20 Jan. 27 Jan. 27 10 X Feb. Jan. 2 50c 13 1.33 Feb. 25 June 29 Oct. 26 <71 IS May 3X Jan. 98 7 8 Feb. 24 Jan. Feb. 19 14 18 7*4 7X 48X 3X 4X Feb. 25 Feb. 15 Mar. 2 Mar.25 Dec. 16 1.60 Apr. 9 1.35 Nov. 17 X Jan. 20 3 Feb. 20 7 4.32 Dec. 11 14 6K Feb. 21 Mar. 12 Sept. 16 1 8 IX 6 3.68 Jan. 2 7K Jan. X Jan. 26 6 7K Jan. 13 X Dec. 30 X June 12 .12 Jan. 5 .20 Jan. 20 .13 Dec. 30 75c Feb 16 '"".25 '""50 .25 40c 1 .40 Sale Sale Y2 IX Jan. 15 2K Jan. 7 Jan. 21 Jan. 10 1 1 June Mar. 6 2 Dec. 14 IX Aug. 18 7 Jan 13 6X Oct. 1 18X June 29 .05 .16 .06 .10 __ Feb. 18 Mar. 12 1 42 Sept.16 2 June 18 33K Mar. 19 8X Mar. 25 4X Jan.- 8 X Feb. 25 IX Oct. 30 76c Feb. 10 .82 Mar. 17 1 Mar. 2 2X Feb. 26 1.80 Nov. 13 4X 3K 7X 10*4 Sept. 25 Nov. 30 Jan. 7 June 27 20 4 1. it% 7K Jan. 12 6X Feb. 21 52 26 Jan. 2 3X Dec. 18 3-16 .32 June 18 Dec. 18 3.60 Jan. 3 2 17c 9 Aug. 11 11 X Dec. 17 1.75 Dec. 7 13c Feb. Dec. 29 Aug. 15 20 Sale * 1 7c May 20 .47 Sept. 28 1 Dec. 31 .45 Oct. 6 2X Oct. 26 X Nov. 7 40 1 42 ...... 2K Dec. 15 2 May 27 4 Oct. 15 2X Dec. 18 May 6 3.13 15 200 Wing Aeronautical Corp 10 3,100 Wisconsin Holding A 10 Yosemite Holding v t c_._._* """700 York Share Corp 1 •No Par value. Dec. 18 K Nov. 17 4X 2.62 200 Western Pub Serv capital...* Gold Mining 2 Mar. 27 Oct. May 11 7X Apr. 27 7 X 29 20 X 11 105 7 2X X Dec. 12 May 18 Apr. 10 1 Apr. 3X Nov. .60 Aug. 1.00 Sept. 45c 29 Sept. 25 23 IS 3.75 Dec. .12 .80 96,300 Zenda 27 Jan. 2 3X 1,300 Wellington Oil of Calif cap.-l """600 June 20 6X Apr. 4X Sept. 20X Dec. 105 Aug. 2 3 32 20 Jan. 23 .32 Mar. 11 1.10 June 23 Jan. 29 Feb. 5 Jan. 26c 14 5X June 25 4.32 Dec. X 45 » 243,800 Western Television. 13 Jan. .05 Dec. 27 .27 X 18 2 Sale .40 Sale 7X 9% X 2 800 Vlpond Consol Mines.., 1 400 Warner Aircraft Corp......* 46,100 5 3 4 100 Venezuelan Holding Corp..* 1,000 Ventures Limited 19 28 3.75 4.00 48 X IX • 200 Trinidad Electric Co 1 pd 200 Trusteed N Y City Bank Stks 5,700 Trustee Standard Oil Shs A.. 4,580 8 Dec. . 5 2.50 4 Tom Reed Gold Mining 600 Treadwell Yukon Ltd 57,700 .07 Dec. 5X Aug. Deutschmann Feb. 1 92 7X 6X 24 2 5 1 Sale 0 Feb. 20 Mar. 10 1 - 25 2 Feb. 2 5 .12 19 X June 24 1 IK 3 X .75 7 1 3.25 Feb. Feb. 1 3X 624 6X B_ 1 15 2 5 IK Jan. 5X Jan. 7 X IX ..1 Aug. Dec. Feb. 6% Feb. 20 .45 Dec. 29 29 K June 3K 3 66c Super Corp of Amer A Tobe 7S 23 % 23 X Jan. 2.50 Dec. 25c 2 Shortwave & Television... Siscoe Gold Mines Ltd.. Mar. 11 2 X Dec. 22 Mar. 18 2X Nov. ..* Sherrltt-Gordon Mines Ltd Sylvestre Util A 0 39c .25 3.40 240 Springfield Fire & Mar ns.25 300 Stand Oil Trust Shares A.. 37",500 14 IX Dec. 3X Oct. 5X June 25 * 16,000 Splitdorf Electric 9,400 4,100 2,500 2,200 30,700 61,100 Jan. 9K Jan. 25c ..* Southern Surety Go 58 Dec. 7X Feb. Sale X Television Seaboard Continental 900 Solid Carbonic Co Ltd 1,900 24 Jan. K Dec. 10 500 Shamrock Oil & Gas...... 2,800 15.000 680,200 9,000 Feb. 1 .12 Sale 6K Royalties Management A Sanabria 110 X * 5 .* 21 Oct. .26 * Reliance Internat'l $3 pref__* Dec. 30 IX Apr. 20 X Mar. 4 X * 25 Queens Bor G & E 6% pf_.10G ...5 3,400 Radio Securities A_. 12 X Dec. 29 20c May 28 M ay 21 .45 Jan. 2.45 * Phoenix Oil 2 Mar. 2 1 5 Nov. X Dec. 1 6,800 2,200 1,800 3,700 3.100 10 •:« Jan. * 1,800 12,700 8*4 May 20 2X Dec. 21 5 July 24 Dec. 31 70c X — 500 Roxy Theatres Corp A 900 ""300 IX Jan. 3.35 X IX 500 Rio Grande Valley Gas 300 Roovers Bros Inc 7% pref 100 X 5 600 Public Fire Insurance 10 Public Nat Bank & Trust..25 i 5,800 3". 16 X Powell Mining Prop 500 Premier Shares Inc "loo Jan. 4 2 X 4X 2 ..* 10,000 2,200 3X .50 100 Pittsburgh Brewing 500 Mar. 53 6K Sale .40 etroleum Conversion.. 100 Petroleum Derivltives... 1,000 12 59 2.25 Pan Amer Airways warr..1934 Park City Consol Mines..10c 24 2 Mar. X Apr. 2.00 200 Ohio Kentucky Gas........* 100 Ohio Valley Gas * 20 Jan. 20 1955 400 Nor & Sou Amer B 3* 17 Aug. 20 Apr. 0 Apr. 4 Apr. 15 Apr. 7 92 X Feb. Feb. K Dec. $2.50 Mining 2X Apr. IS y8 23K Sale 5K 5% Shares. No Amer Trust Shares 14",600 500 9X Mar. 18 Sept. * w 27 4K Feb. 24 .97 Sept. 15 52 2X Dec. 5 July 65c Dec. 10 Finance A July 2.25 Aug. 17 1 18 May 20 1 X K 26 .32 Nov. 10 1 X Feb. 6 57c 20 Jan. 25c "~K ~~9 wan 6 2 12 Sale 106 National Casualty Co.....10 616 National City Bank 20 4,700 National Liberty Insur 5 1,200 National Pinetree Products.* 5,900 Nation Wide Securities B 2,700 N Y Rio & Buenos Aires warr 21 IK Jan. 80X Jan. 1,000 Mt Diablo OH MIn & Dev...t 1,060 4,666 July 2 X Dec. 32 X Dec. Sale 5X Apr. 6K Feb. 20 5*4 Feb. 20 25 1*1 21 12X Jan. 20 1 X Sept. 28 Jan. 27 Mar. 4 X Apr. IX * M'id-Cont Pub S<*rv Awl 16 Feb. 11 X June 17 Dec. 1 Dec. 31 Nov. .22 Oct. & Elec_.10 2,000 Mexican Oil & Coal 19 Oct. 22 100 Metro Chain Stores pref__100 10,900 Dec. Aug. 2 > .35 Jan. 5 27 24 20 Dec. 24 1.18 May 26 2.25 Oct. 13 .8 .25 .31 Feb. 3 20 X Sept.15 X June 25 19K Feb. 2 23 .28 Nov. 6 Nov. 24 .25 Jan. 1.20 Feb. 3 1* 13 Aug. 10 40 100 Magazine Repeat Razor B..* 966 Magna vox Co Ltd.. 736 Manhattan Co.., 17 4 14 IX X .15 .10 "48" J5l" fo Jan. 5 2.55 9X 4 14 7 X Dec. 30 C 600 5 1,300 Lessings Inc 1,000 Leverage Fixed Trust Shs___. 1 1,400 Lincoln Petroleum Mar. .07 Oct. 5X Jan. 32 X May 12 3 July 20 Dec. 30 3X * 166.300 Kildun Mining __..* 6,200 Klnner Air & Motor .1 73,500 La Grange Place Mines 900 Leaders of Industry B_.._. 8 8 200 Keystone Copper Mining...1 "3"306 2X Oct. 36X Jan. 24 1.55 May 4 37c Aug. 20 2K Mar. 21 Sept. 15 Sept. 30 2 "4X 5K Feb. 27 25 28 18 X Feb. .30 July 2 Jan. .45 1.00 .10 Sale ..........5 18,700 Jencks Mfg Co 59.800 J nkins Television.........* * 1,400 Kane Stores of N E "A" 1 1,500 Keeley Silver Mines Ltd * 1,900 Kelvlnator of Canada 92,000 Keystone Cons Mines Ltd..l T.ioo 4)4 24 5 11 Apr. 28 13 X Dec. 19 .19 Oct. .2 100 Internat'l Securities B._...* 600 International 7 Oct. IX Jan. 9 4 Aug. 10 3 3X Jan. .20 .25 1 2.00 3H *ii Sale Highest. Sale Prices. "14 1 100 Independence Trust Shares 100 Independent Brew Pittsb..50 4,800 3,210 1931. Lowest. IX 13*4 10 5,400 Imperial Eagle Mining......1 200 Independence Indemnity..10 Ask. Bid. Sale 500 Hutto Engineering Inc.....* JUOO YEAR Sale Prices. Jan. 30. Ask. ......10 34,900 Homestead Oil 9c Gas 7,500 Howey Gold Mines Ltd 15,500 RANGE FOR PRICES IN JANUARY. Price about ._* 4,800 Hamilton Gaa..i * 16.600 Helena Rubensteln pref 5,100 Hendrick Ranch Royalties..* ""500 EXCHANGE PRODUCE Jan. 2 12 Months 1931. T YORK 1.04 Dec. 19 18X June 29 2fle Feb. 14 Chicago Stock Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON CHICAGO STOCK EXCHANGE Stock Sales. . 1932. January 1931. 1,766,000 Shares 3,376,500 193J Jan. 1 to Dec. 31 In January. $ $ 5.000 Allied Owners 6s mm mm — 1.000 23.000 1.000 35.000 52.000 8.000 4.000 PRICES IN JANUARY. Bid.' Ask -.1945 78 74 6.000 1,000 3.000 115.000 266.000 30.000 'mm m, mm mm , West Pub Serv 6s '36 Cherry Burrell 6s....—1938 Chicago City Ry 5s. 1927 Sale Highest. Lowest. Sale Prices. Prices. Saie Prices. 5s series B 1927 1st mtge 6s... 1943 9,544.800 45 12 8 46* 46* 50 Sale 49 50 Sale 49 50 9 12 «* 11 26 4 7 5 14 17 2 5 2 6 10 5 42 105 100 14 35 Oct. 6 10 Jan. 14 28 July 16 50 50 Jan. 2 44 Oct. Jan. 2 42 Oct. 7 12* Jan. 7* Jan. 15 10 Dec. 9 Jan. 25 46 10 Jan. 14 48 Jan. 7 47* Jan. 9* Jan. 25 11 9 7 Jan. 19 22 96 100 102 90 95* 95* Sale 95 Jan. 5 98* Jan. 63 20 11 98* Jan. 98* Jan. 5 67* Jan. 14 Jan. 11 87 81 50 92 97 * 104 H 1949 84 90 20 42 97 26* Sale 23* 25* 1947 25* Jan. 24* Jan. 4 25 38* Jan. 24* Jan. 14 27 1st 4s... 1938 Extension 4s 1938 iat Hotel of Cuba allot ctl '59 91* Jan. 28 91* Jan. 104 74 76 70 90 Nat Prop 5*8 1949 100 102 115.000 1.000 67.000 5.000 Nat Pub Service 5s 1978 68 No Amer Gas & Elec 6s..1944 Northwestern Elev 5s.... 1941 Northern Util Co 6s A...1943 75 71 70 1.000 Old Dominion Pow 5s A..1951 32.000 Penna Pow & Lt 4H> 1981 4.000 Peoples Gas Lt & Coke 5s 1947 94 * 38 1938 38 38 2,000 21,000 3,000 5,000 4,000 Roanoke Wat Wks 5s A-.1950 106 17,000 96,000 20,000 28,000 15,000 4,000 6.000 5,000 71,000 4,000 12,000 9,000 4,000 1,000 1,000 1,000 25,000 s f g 5s Registered 208 So La Salle St 1944 Bldg 5*s'58 95 Mar. 13 Feb. 20 86 33 Dec. 21 86 Dec. 21 ... 38* Dec. 17 73* Apr. 6 73* Jan. 6 62 July 6 34* Dec. 23 40* Feb. 89* 91 2 20 May 29 40* Feb. 20 90 Jan. Dec. 4 99* June 15 Sept. 4 110* Apr. 2 104* May 18 23 108 Nov. 71* Nov. 21 July 23 Dec. 40 Dec. 2 Aug. 95 76 Aug. 5 95 71 52 71 76 52 37 92 95 .... 98 101 75 77 85 50 60 93 & 100 102 103 97 * June 26 July 80 Feb. Feb. 80 100 88* 40 88 99* 101 98 99 98* Jan. 29 99* Jan. 100 45 23 Jan. Mar. Feb. 45 76 May Dec. Dec. 5 100 Oct. 66* Jan. 27 99* Aug. 3 94* May 14 82* May 22 SepL 92 11* 76 16 Mar. 20 80 Oct. Jan. 63 Feb. 63 99* Aug. 100 Mar. 6 June 29 88* May 19 104* Aug. 15 100 Dec. 11 70X 60 55 30 25 Dec. 30 Mar. 16 76* Feb. 3 25 Dec. 30 Jan 99* Jan. 17 Nov. 20 Oct. 40 10 Jan. 72 97* 75* 66* 99 15 45 40 45 50 50 32 50 52 60* Feb. 55 59 52 82* 83* 58 1947 77 80 1947 77 80 80* 82* 80 87 Util Pr & Lt Realty 6S...1958 Wash Gas & Elec 5s 1955 Jan. 11* 80 94 Western Utilities 5*s_._1932 Mar. 75 67 IV* 95 94 1960 89* Jan. 27 52 1946 6s 81 30 1932 United Pub Util 5Ht 6s A 76* Mar. 25 73* Apr. 6 94 Apr. 17 94 Apr. 17 96* Apr. 30 97* May 7 107* Mar. 13 108* June 3 75 Power 6s 6J4% gold debentures. 1933 Mar. 21 60 98* Aug. 7 92* Jan. 12 Toledo Lt & Pow 5s United Public Serv 6s A..1942 77 75 5 5 98* Aug. 92 July 80 Union Elevated RR 5s...1945 United Amer Util 6 1940 Dec. 11 97 Oct. 97* June 75 Texas-La Mar. 30 61* Feb. 17 94 29 ..... Util 6e 19 L01 11 95 1945 Texas Gas Oct. Dec. Dec. 85 Swift & Co 1st 11 May 75* 48 Feb. 68 * June "65" 5.500 Stand Textile Prod 614s..1942 1,000 Straus Safe Dep Co 5 H*. 1943 72* Jan. 20 49 May *8 97* 75 88 24,000 Standard Tel Co 5*8 A.. 1943 10 year conv 6s 15,000 1938 8 37 8ale 61 1945 94 10 108 1023 96 j 6.000 South United Ice 614s.. .1938 1.000 Southwest Lt & Pr 5s A..1957 6s 17 June May 50 103* South United Gas 6s....1937 2.000 Sou West Pub Serv 6s A..1945 5.000 Spruce Falls 1st 534* -1945 Dec. 63 40* South East Gas & Wat 6s.1941 19.000 Southwest Nat Gas 21 44 45 102 Southern Un Gas 6*s__-1939 Southern United Ice 6s.. 1947 14 38 45 1st mtge 6s 1,000 1943 5.000 Portland Gen Elec 4s 1933 48.000 Pub Serv 1st ref gold 5s._1956 24.000 1st & ref mtge 5*B 1962 5s C._. 12.000 1966 2,000 4*s series E-. 1980 50,000 4*8 series F ..1981 4,000 Pub Ser Sub Corp 5Mi A 1949 93 * Oct. 45 Pettibone-Mulllken 10-year 2.000 5 May 40 106 6s 50 41* 37* 41 40* 83 103* 96 104 2.000 14 54* Mar. 14 76 75 1943 June 26 Oct. 88* 94 80 6*8 64 101 15 26 18 14 33 75 60 2,000 14.000 50 June 30 95 89 102 Mar. 25 85 July Aug. Aug. Aug. 28 .... 78 Mar. 27 Apr. 14 May 20 70 26 23 14 July Zl Apr. 16 49 ..... Light— 99* 13 Apr. 20 Sept. 8 104* Feb. 5 104* Feb. 96* Dec. 10 98 Oct. 1 35 Apr. 4 36* Feb. 26 50 1945 Salle Wacker Bldg 6s..1954 .ondon G & A Bldg 6s...1962 96 Mar. 25 105 50 Sale Oct. May 20 62! 75 Bldg of Chic 6s. 1950 a 29 Mar. 20 5 110* July 6 30 103* June 24 1 103 Sept. 4 98* Sept. 28 30 96* Mar. 20 Mar. 19 19 Mar. 30 67* July 85 Aug. 98 July 50 Aug. 94* 70 90 92 101 32 37* Mar. 25 Apr. 20 102 Sept. 21 108* 101* Nov. 4 108* 108* May 8 113* 81 98 Sept.21 102* Apr. 14 102 105 83* 100 74* Mar. 14 73* Mar. 17 52* Mar. 23 100 96 93 80 June 27 Mar. 19 Mar. 14 72* Mar. 23 39* Feb. 21 102 94* 94* 102 30 tresge (S S) & Co 5s 6* Dec. 29 10 36 39 100* Jan. 63 97* 2 7 105* Jan. 35 Sale letro W S Elev Jan. 45 Sale 103 7 90 95 72 97 98* 112 2 7 10 Jan.. 98 106 * 101* Feb. Apr. Feb. Apr. 45 106 a 3 2 Oct. 8 48 105 * Feb. June 45 Jan. 8 96 * 99 75 10 8 45 5 33 102 1st & ref 6s G 3.000 45 29 22 Jan. Mar. 27 100 95 46* 46* 17 Sale 25 Kansas Power & 14.000 7 99. welera 1.000 33.000 39* 61 Sale 78* Jan. 2 88* Feb. 10 90 45* 45* 81 5s without warrant Prices. Jan June 25 61 ..1940 3.000 172.000 2.000 64 * 96* Insull Util Inv 6s 5,000 63 62>* 101 9,000 9.000 Holland Furnace 6s 1936 1.000 Hussman Ligonier 6s 1939 1.000 ill Bell Tel 1st 5s A 1956 3.000 Nat Gas 5s 1936 8.000 Inland Gas 6*s......_..1938 Highest, Sale 78 99 64 64 164.000 1931. 58 36 2,000 '•'■'wwWWWW Ask 80 62 10.000 Federal Public Serv 6s.. 1947 1.000 Federated Utll5*s 1957 20.000 Gary Elec & Gas 5s 1934 3,000 mm 76 95 62 * 32 497.000 Chicago Railways 5s..... 1927 1st mtge 5s ctf of dep..1927 399,500 5s series A._ 57.0)0 .......1927 YEAR 80 Certificates of deposit. 1927 5.000 Dominion Gas & El 6*s.l945 5,000 El Paso Nat Gas 6H1. 1943 _ Bid Sale Chic City A Con Rys 5s.. 1927 4.000 1,503.000 3,000 RANGE FOR Lowest. British Columbia Tel 5s..1943 Central 19.000 mm mm Ask Jan. 30. 54 13.000 16.000 mm mm Bid 2. 75 52 15,000 1.000 m, mm Jan. 1931. 6.200 Adjustment income 4s 9.000 Purchase money g 5s..1927 5.000 Chicago Stadium 6s.....1943 67.000 Commonw Edison 5s 1943 1st mtge 4*s, series C. 1956 5.000 11.000 4*a D 1957 1.000 4*s series E..........I960 1st mtge 5s series A.... 1953 60.500 58 series B 41.000 1954 m, 1930. 27,462,000 Price 128,200 Appalachian Gas Corp 69 1*>4& 6s B 1945 50.000 mm 1931. $1,437,000 Jan. 2 BONDS 1931. 1931. 12,573,000 ; 69,747,500 CHICAOO STOCK EXCHANGE 12 Months 1932. $1,744,000 Jan. 1 to Dec. 31 1930. 34,475,200 AGGREGATE SALES. Bond Sales. January ... ... — 58 82* 80* 70 85 63 • Feb. 17 11 2 15 Dec. 30 79* Feb. 26 82 June 8 67 June 25 89 Apr. 23 60 Dec. 99* Jul v 4 l 79 74 85 65 Mar. 14 Mar. 19 82 June 8 June 25 Apr. 23 Dec. 4 May 4 84* Apr. 24 80 May 6 57 89 60 99* Julv 1 STOCK EXCHANGE CHICAGO GO In Janwry. STOCK 12 Months 1931. EXCHANGE 2 Jan. STOCKS Bid. Sale Sale 19% 35 19 ' 9 11% 82 Assoc 92% % pref 5 . 100 % 105 22% Sale 100 10 * * 50 pref. Mfg Co cl A ct Binks 3.290 Blums lnc conv pref........* * Corp com 10 Common 775 . 1,323,490 Borg-Warner 7% preferred 100 7,100 7,950 Borin Vivitone Corp pref.. 21,650 Brach & Sons (E J) com 1,895 Bright Star Elec Co A... .* 11.955 Brown Fence 8c Wire cl A .. * Class B ..... * 9,200 ; 43,600 Bruce Co (E L) com 1,670 Bucyru8-Monighan class A..* 10 590 Bunte Bros com Preferred 100 100 Class B 555 Sale 67 Bendix Aviation Corp com. 7.210 sm 87 * 18,550 Burnham Trad Corp com Convertible preferred. 29,616 116,170 Butler Bros * 20 ... 21 10 Jan. 6 50 X Jan. 4 Jan. % Jan. 18 14 14 Jan. 29 40 X % '""% % % X 1 . X « 54 67 62 64 62 50 52 Sale 48 Jan. Jan. 25 49% 76 78 75'% 75X Jan. 9X Jan. 21 54" "55" "55" 54 86% Sale 10 12% 12% 55 35 26 40 60 40 50 6 Apr. 20 % Dec. Jan. % Dec. 3 Mar. 5V Apr. 13 Feb; 10 Feb. 16 10 49 82 ..... % Sale 6k 2 17 k 16X Sale Sale 4 3 5 4 24% 4 10 91 3X Sale 3 11X > > 5 5X 22 20 "9X Sale' 7 "8X 9 8% o\7 3 2 13% 10 k Sale 15 14% 21 7k % 10% 18% 5% Jan. 26 Jan. 14 Jan. 15 Jan. 14 Jan. Jan. Jan. Jan. Jan. 19 Jan. 13 9 Jan. 4 12% Jan. 80 Jan. 6 80 1 14 15 5 7 Jan. 4 14 Jan. 5 Jan. Jan. Jan. 7% Jan. 15 13 14 6 19 21 19 2% Jan. 19 Jan. 28 14 Jan. 7 21 16 Jan. 29 9 Jan. 14 6X Sale X % 2% 9% IX 15 Jan. % Jan. 14 Jan. X Sale^ 6 Dec. 2 Dec. 31 Wyant & Cannon Fdy.* Canal Const Co conv pref.. Castle & Co (A M) 10 CeCo Mfg Co lnc com * Cent Cold Storage Co com.20 Central 111 Pub Serv pref.. Cent 111 Secur Corp allot ctfs Common * Convertible preferred * Central lnd Power pref 100 Cent Pub Serv (Del) com * Cent Pub Serv Corp A * 930 Cent States P&L Corp pref. 210 Central States Util $7 pref..* 138,375 Central S W Util com new. 10,300 Prior lien preferred 15,430 Preferred * 10 Cent West Pub Serv B pref..* 6,600 Class A * 1,900 Chain Belt Co com 50 Chain Store Prod Corp pref 60 Channon (H) Co 1st pref..100 1,620 Cherry Burrell Corp com * 10 Preferred 100 30,280 Chic City & Con Ry pt sh * 5,450 Participation preferred * 3,510 Certificates of deposit....* 670 Chicago Electric Mfg A • 1,880 Chicago Flexible Shaft com 96,195 Chicago Investors Corp com * 42,440 Convertible preferred * 200 Chicago & N W Ry com—100 230 Chic N S & Milw com 100 Prior lien preferred....100 Preferred 100 902 Chicago Rys part ctf ser 1.100 470 Part certlfs series 2....100 40 Part ctfs series 3 1..100 1,015 Chicago Towel Co conv pref * 1,420 2,340 1,220 1,250 20,400 843,280 262,230 160 540 Sale 17 14 Sale 82 84 2 % J an. 7 Jan. 6 Preferred. 4,680 Curtis Lighting lnc com 810 Curtis Mfg Co com 1,520 Davis Industries lnc A.. 69 98% 50 * 5 * xtix-cUtiaeuci, 1% Jan. 8% Jan. 59 Jan. 1 6 14 2 1 9% Jan. 4 1% Jan. 21 8% Jan. 6 69% Jan. 2 1% Jan. Jan. 15 Jan. 47% Jan. 50 Jan. 13 82 X Sale 17 94X 96 90 Sale 65 lk Sale 2X Sale 25% Feb. 24 40 43 X 36 32 X 14 22 14 15X 12 16 14% Jan. 10 X Sale 4% 5 4X 3% 12 X 4 10 2 9 Sale 26 2% 16 11 Jan. 6 19V 4} 10 25 2 J c„% "66" 87 3 * 5 Sale 20 220X Sale 12 Sale 5X Sale 5% Sale 1 X 4k 117X 113% Sale 116k 5* 5* Sale IX Sale 11 Jan. 15% Sale 3% Jan. a Sale 0 Sale Sale Sale 50 9 Sale 65 5X x 7 55 6 1S% Sale" 65 9X Sale 12 17 Sale 2% h» 51 Sale 1 Jan. 26 15 Jan. 29 Jan. 27 29 Jan. 15 Sale 2 Jan. 27 2 Jan. Jan. 27 11 Jan. 5 6% Jan. k Jan. 5% Jan. 14 25 29 Jan. 13 1% Jan. 13 5 Jan. 11 5 64 Jan. 29 66 5 5% Jan. X Jan. 4 Jan. 22 5 111% Jan. 1 Jan. 5 122 4 Jan. 12 8 11 2% Jan. 2 6 Jan. X Jan. 22 4 12% Jan. Jan. Jan. 14j 1% Jan. 15% Jan. Jan. 14 8% Jan. 14 4 Jan. 2 21 6% Jan. 2% Jan. Jan. 2 Jan. 2 Jan. Jan. 13 Jna. 4 64 Jan. 6 5 Jan. 15 Sale 3 Jan. 11 12 3 1 2 lH 5 12 2 4k 11 13% 6 Sale 9 June IV* 37 Aug. 5 Feb. 16 4 14% May 75 Apr. 27% Jan. 85 Apr. 16 14 13 23 Jan. $ 5 2 Mar. 18 Jan. 15 5 5 Jan. 12 9 10 Jan. 5 4% Jan. 5 5X 5 10 Jan. Jan. 12 5 8 Jan. 15 6 6k 7X 17 4 Feb. 6 13 Jan. 3 16 Dec. 24 Dec. 30 4% Feb. 27 31% Mar. 20 Dec. 30 6 Dec. 2% Sept. 11 39 Nov. 17 2% Oct. 22 2 Dec. 29 % Dec. 14 3 June 27 64 Oct., 5 Apr. ; 60 Mar. 9% Feb. 9 2% Feb. 3 2 3 Mar. 20 9 June 27 27 Jan. Dec. 15 20 Mar. 21 % Dec. 22 5 85 4 % June 108 Dec. 11 % Jan. 3 Feb. 23 12 18 255 2 14 2 18 9 84 17 20 9 12 Jan. 10 Jan. % Dec. Jan. 2% Dec. 3% Oct. 1 Dec. 23 4% Dec. 30 X Oct. 7 12 % Dec. 17 5 Dec. 31 % Sept. 12 1% Dec. 21 14% Dec. 30 27% Dec. 30 5% June 12 4% Oct. 5 3 Dec. 28 1 % Dec. 28 13% Dec. 23 60 Dec. 29 45 Mar. 17 3 Dec. 30 5% Dec. 17 % Jan. 5 1 Oct. 2 7% Dec. 31 4% Dec. 24 6 Sept. 18 % Dec. 4 6 Dec. 7 4 Dec. 16 84 Sale 2 5X 5X Nov. 17 Dec. 30 27 75 27 16 11 25X 1 17% Apr. 4 Mar. 20 88 Jan. 27 3 84% Jan. 24% Feb. 11 143 2% Jan. 17% Jan. Sale -3 5 14 Dec. 9 5 1 1 Dec. 31 14 10 13 12 1 Apr. Nov. 25 5 6 Sale 13 Oct. 85 9 2 ..." Sale Dec. 22 Mar. 17 96% Apr. 9 "io" iih 4 Mar. 11 Dec. 3u June 4 Dec. 22 69% ..... k 12X 3 Feb. Dec. 21 104% Jan. X X 16 Mar. 36 4 10X ..... Jan. Nov. 20 6 IX 19 58% Sale 10 9 Mar. 30 Oct. Dec. 29 10 2% Sale 17 k Sale Feb. June 17 44 29 « 10 25% Jan. 50 1 4 3 Feb. 13 4^ 10 5X 8 14 Jan. 16% Nov. 20 14 July 25 67 Apr. 14 9% Dec. 30 85 Apr. 23 % Jan. |2 Jan. 3 Jan. 15 6 15% Jan. 11 25 Mar. 23 26 Mar. 30 Mar. 7 ii* 75 1 Feb. Feb. 18 95 Dec. 28 % Dec. 10 Oct. 14 Jan. 24 4% Dec. 18 27 June 26 34% Feb. 18 13 1 Feb. Jan. 10 4 iS* Mar. 12 Jan. 5% Jan. 75 IX 15 3 11 Feb. 55 18 10 Sale 100 9% Mar. 10 45 80 85 Sept. 22 Dec. 10 2 5% Dec. 30 Jan. Jan. 21 12X 3% Jan. 6 Jan. 45 45 35 d» 4 48 5 Oct. 80 Sale 55 5 45 29 19 13 50 13 50 70 32 IX Jan. 9 Feb. 7 X Jan. 4 Jan. 11 2% Mar. 31 80% Mar. 19 Dec. 29 % Dec. 21 9% Dec. 17 1 Sept. 22 19 6 6 May 24 l7X 20 25 25 100 3,390 Decker (Alf) & Cohn Inc...* 290 Deep Rock Oil conv pref—100 3,660'Dexter Co (The) com 5 l,410!De Mets lnc pref w w » 6,150,'Duquesne Gas Corp com * 3,090 Eddy Paper Corp (The)....".* 139,460 El Household Util Corp 10 Sale 51 6X 13 Jan. 8 k Jan. IX IX 50 84 X Sale 65 42 55 7 79 v t c 20 Cudahy Packing com No par value, H 78 $6 pref.* 33,654 Crane Co com • 13 Sale 65 5,534,060 Cord Corporation 5 54,050 Corp Sec of Chic allot ctf...* 600,500 Common * 7,750 IX 9X 15 IX Sale 1 15 13 Com'ty Tel Co cum part—.* Community Water Service.!.* Construe Mat'l Corp com < *3% preferred » Consumers Co com 5 6% prior pref A.——100 Preferred 100 V t c pur warrants 5 Cont Chic Corp common..—* Preferred .... * Continental Steel pref.. 100 Common Sale X Rights (New)—— 30 Com ty Pow & Lt Co 1,680 4,730 4,960 12,350 21,140 19. 91X Sale 23% Sale IX 14% 16X Sale Cities Service Co com 12,900 Club Aluminum Uten Co...* 8,610 Coleman Lamp & Stove com* 264,105 Commonwealth Edison 100 110,100 Rights 88,450 26 IX 6 29 X 2 100 Preferred L ,544,130 20 5X May 19 May 13 Dec. 31 Jan. 19 Mar. 20 Feb. 3 19 6 400 Camp 9,830 18.100 36,160 1,890 38,620 70,040 13,650 20,010 1,960 6.960 149,610 June 12 5 1% Nov. 19 30% 9 Dec. 30 98 !5 Dec. 11 7 % Dec. 30 17 7 Dec. 30 1 % Dec. 23 % Dec. 31 8% Dec. 30 20 10% 1% Oct. 7% Dec. 22 26% 2 Oct. 19 21% 0 Dec. 29 17% 10 Nov. 20 100 3 % Sept. 19 % Sept. 21 2 Dec. 28 15 .... 140 (0% Dec. 29 X Jan. 2 6 Dec. 15 % Dec. 30 ►6 June 3 .2% Oct. 6 1% Dec. 8 6 Oct. 6 4 81% Jan. 4 8VA Jan. 97 2 88 _ 10 2X Jan. 16 m Dec. 91% Oct. 85* q Sept. Dec. 75 30 45 26 1% Dec. 7 Sale 11 May 7 25% Feb. 11 11% Dec. 3 6X X 10X 15% Ik Mar. 18 70 100 48% Dec. 76 Dec. Jan. 9 Apr. 7 61% Mar. 19 88% Mar. 27 Dec. 63 9 Apr. h Dec. 2 Jan. 31 43 k Jan. g 1% Feb. 24 Mar. 13 Ik Dec. 52% Oct. x Sale 6 80 I 9 7 Sale 85 10 85 "16" "17" 92% IX 29 4 X X Sale 1 Sale 6 65 Jan. 6 54% Jan. 28 76 Jan. 18 12% Jan. 4 19 40X Jan. 10 8 ■a 21 Jan. 54 Jan. 30 10 27 84% 20 88% 7 6 2X 12 10 25 16 June 55 37 69 96 2 67 11 63 10% Sale % Jan. 2% Jan. 8 Jan. "6 62 1% Feb. 94 2 X Jan. 2X Jan. 2% Sale 3 64 17 X 3 10 15 Dec. % Aug. % '1: 2X 22 4 10 19 1 Sale % % 2% % 2 5 80 18 38 5 40 2 24 6 4% Feb. 10 13% Mar. 19 1% Sept. 14 3% Jan. 3 8% Dec. 28 31 Apr. 14 36 Feb. 20 16% Jan. 16 77% July 2 28 Mar. 21 87% Mar. 19 7% Feb. 26 25% Mar. 7 "40" 35 25 * * 11.400 Bancokentucky Co com 16,350 Bastian-Blesslng Co com 2.220 Baxter Laundries lnc A 3,450 Beatrice Creamery com 1.722.980 40 Sale 57 Co com • 490 Balaban & Katz Corp com .25 Preferred 2k Jan. 6 Jan. 2 35 K 41 % Feb. 27 30 23 31 28 Dec. 17 Nov. 3 1% Dec. 62 June 16 Sept. 87 % Mar. 1% Dec. 5% Jan. 2% "43% 2 2% 36 I* Sale* 3% Backstay Welt 560 15 50 50 1% 8* 20 * 254 Auburn Auto Co com 2,725 Automatic Washer Co cv pf * 1,061 % Aug. 5% Dec. % Sept. % Oct. 8% Dec. 5 — $7 cum pref % Jan. 2 11 20 3% • Tel Util Co com 14 25 Sale * $6 conv pref A X Jan. 80 —-100 $6 cum prior 29 39% Mar. 27 Dec. 28 Dec. 14 Dec. 30 26 13 17% Jan. 12 Jan. 1% Jan. 5% Jan. 5X Jan. 4% Sale * 7% preferred Jan. 1 27 108 20 % * 450 Amer Util & Gen ▼ t c B * 46,190 Vmer-Yvette Co lnc com 25.910 Appalachian Gas Corp com.* • 35.530 Art Metal Works com * 1.250 Assoc Apparel lnd com 3,950 Associates Investment Co..* Assoc Tel 8c Tel Co $6 w W—* 2,150 1.270 228.125 1,050 3.550 1,680 9 12 1.530 American St Pub Serv cl A..* 10,565 6 8 15 80 Corp--* Class A 31 k Jan. Jan. Jan. 11X Jan. 27 Sale 70 * 240 $7 class A preferred * 10 23.236 American Equities Co com..* Amer Fur Mart Bldg pfd__100 "8.300 American Pub Serv pref-.lQO 30 American Service com Sale Prices. 25 Class B common 22.950 Highest. Sale Prices 1% 5 20 72.790 Allied Products Corp cl A..* 1.810 Altorfer Bros Co conv pfd—* * 8.730 Amer Comm Power A 1st preferred $6 Mi A * 180 Radio A Tel St Lowest. Sale Prices. 10 1 4% Preferred Amer Highest. Sale Prices. Ask 35 Par. Lowest. Jan. 30. 2. Jan. 1931. 16.381 Abbott Laboratories com...* 25 25.840 Acme Steel Co * 6.720 Adams (J D) Mfg com * 14.040 Adams Royalty Co com 9.870 Alnsworth Mfg Corp com—10 All-Amer Mohawk Corp A 5 16.845 56.555 Allied Motor lnd lnc com...* 200 YEAR 1931. Price Shares. ' RANGE FOR JANUARY. PRICES IN CHICAGO AGGREGATE SALES 13 31 Feb. 26 Feb. 2 Dec. 15 Mar. 11 Feb. 25 Apr. 10 9 32% May 13 4% Mar. 24 45% Jan. 13 43 Jan. 23 1% Jan. 23 10% Feb. 26 40% Feb. 26 Mar. 17 65 7 15 Apr. 15 Apr. 6 60 Feb. P Jan. 11 11 10 Feb. 19 Feb. 119 45 11 Mar. 17 June 26 Jan. 9 June 7 4 2 Jan. 43 Mar. 10 M* Jan. 14 16 11 Mar. 12 Feb. 6% Feb. m Feb. 27 CHICAGO Price 2 STOCK EXCHANGE in 12 Months January. 1931. Shares. Jan. STOCKS Par ' 2,550 Empire G 8c F Co 6% pref.100 1,000 &*% preferred 100 4,450 7% preferred. 100 8% preferred -.100 2,050 300 Empire Pub Serv Corp A * 60 Fair Co (The) preferred 100 150 3E8 20 65 400 Jan. 1931. Shares. 400 RANGE FOR PRICES IN JANUARY. CHICAGO AGGREGATE SALES 61 STOCK EXCHANGE Bid. 65 75 75 86 Ask 70 80 82 92 Ask Bid. 35 39 43 Bid Ask 55 Jan. 5 19 43* Jan. 50 Jan. 55 52 * 25 Sale Prices 19 * Jan. 26 .... 83 105 Jan. 11 39* Jan. 18 Jan. 42 19 45* Jan. 23 55 Jan. 19 * Jan. 26 84* Jan. 28 Common Fed'l Elec Co Inc— 2,085 955 330 $6 15,690 113.812 !7 650 200 ""40 * * prior pref cum prior preferred Connell Dock cum Fits 50 25 Common 35 55 45 46 46 .i--- 21* Sale Foote Bros GAM Co...... Preferred 46 5 3 33 * 15 * 13* * * Jan. 11 Jan. 151 15 7 15* Jan. 11 * Jan. 7 3 * pref 38 5* 4 * Dec. 29 93* Sept. 29 6 Dec. 24 67* Feb. 14 13* Oct. 29 * Dec. 29 Dec. 8 4* Jan. 7 12 Dec. Jan. 8 7 12 Jan. 16 Jan. 16 15 84,900 800 110 * new Preferred Wat * Wks Corp class A* Gleaner Com Harr Corp cap* Certificates of dep cap * 7,02QGodchaux Sugar lnc cl B ♦ * 19.250 Goldblatt Bros Inc com * 299,750 Great Lakes Aircraft A 198,870 Great Lakes DAD com....* 588 Greif Bros Cooperage A com ♦ 6,804 Greyhound Corp com .....* » 813,770 Grigsby-Grunow Co com Ground Gripper Shoe com..* __10 64,230 Hall Printing Co com 4.720 Harnischfeger Corp com....* 100 22,600 7,300 150 Common Gen , 300 36,350 50 2,250 50 700 14,450 Hart-Carter Co pref con* * 710 Hart Schaffner A Marx Hibbard 130 300 ■' 9,150 3,550 1,800 109,050 ""950 30,300 180 1,750 Co Spencer .100 10 I* 7 I 34 25 (Geo) com 14* 6* Sale 13 20 11M 9*4 85 49 16 Illinois Nor Utilities pref.100 90 98 * Sale Without warrants......... 75 77 ._.* 74 Sale Preferred series 2 Jefferson Electric Co com...* 320 * 100 Preferred 3,400 Kimberly Clark Corp 250 Kirsch Co 130 con* * • com pref— La Salle Ext Lawbeck 70 Uni* ..10 com 1,000 2.550 180 2",400 550 20 3 100 80 100 6% cum pref (w w) * com Cumulative preferred....* 8,780 10 266.020 Llbby, McNeill A Libby 3,510 Lincoln Printing Co 7% pf.50 Common _..* 31,560 10 9,610 Lindsay Light com...... 152 5,970 23,850 3,840 17.660 3,690 12,960 84 1734 1,550 11 11* 5 5 5* 19 17* Jan. 1 Jan. 18 2* Jan. 22 13* Jan. 15 7i 12* Jan. Jan. 1054 Jan. 12* Jan. 3 54 Jan. 1* Jan, 1* Jan. 10* Jan. 4* Jan. 5 5 Jan. 4 18 1* Jan. 11! 154 11* 4* 5* Jan. Jan. 12* 9 2* 4* 4* 4 4* Sale 94 95 94 95 17 20 4* 14 9* 3 4* 10 15 13 7 30 Sale 100 13* 7* Sale 45 3* 9 2* 4* 10 46 50 40 50 40 Sale 38 40 40 44 H 334 Sale 1034 10* 70 44 84 1 2* 1* 5* 1* 5V* ..— 9 & 50 21* 2* 2 6* 62* 12 10* Dec. 28 13 Dec. 18 3* Apr. 2 * Dec. 17 11 1 Dec. 29 Oct. 41 "20"' 25 8 Feb. 15 6* Jan. 2 June It 1 25 10* 22* 5* 28* Mar. Aug. Apr. Feb. 21 Mar. 4 6* Jan. 6* Mar. 0 2 10 21 16 19* Mar. 23 16* Jan. 23 13* Feb. 11 Jan. 0 90 39 Dec. 49* Jan. 1» 15 Jan. 4 15 Nov. 29 11 Jan. 14 9 Dec. 2* Jan. 2 Feb. 9 4 Jan. 8 4 Dec. 94 Jan. 9 95 Jan. 6 94 Dec. Aug. 12 9* Mar. 10 5* Jan. 23 16* Jan. 29 01 Sept. 8 17 Jan. 23 18 Jan. 18 25 Oct. 41* Feb. 21 3* Jan. 14 5* Jan. 16 19 2* Dec. 3* Feb. 6* Dec. Sept. 3* Jan. 23 6* Jan. 14, 21 15 Jan. 5' 7* Jan. 30 17 Jan. 13. 12 Jan 4* Jan. Oct. Dec. 1* Jan. 29 1 3* Dec. 12 Jan. 2 8 Jan. 7 9 Jan. 7 20 Jan. 29 21 Jan. 8 5 Dec. July 5 Jan. 26 13 Jan. 28 Jan. 8 5 Dec. 18 6 Dec. 18 6 16* Jan. 1* Jan. 5* Jan, 7 4 4 50 Jan. 2 Dec. 30 Dec. 28 14 36 Dec. 1* Jan. 22 1 Sept. 23 6 Jan. 14 6 Oct. 50 Jan. 4 50 Dec. 2* Jan. 13 Jan. 48 29 5 17 2 Oct. 15 10* Apr. 6 Feb. 25 25 1 * May * Sept. 16 * Feo. 10 11 * Feb. 25 22* Feb. 17 40 2 38 Jan. 92* Mar. 23 92 July 13 92 Apr. 18 11 65 8 a 49* Feb. 13 93 93 1* Jan. 29 3* Jan. 4 00* Juno 11 Dec. Dec. 15 * * 16 17 14* Jan. 2 ::::: 1* 30* Feb. 4 28 36 Aug. 10 1* Feb. 14 13* Feb. 25 Jan. 23* Nov. 25 1734 9 Jan. 15 9 52- 49 8 20 14 30 6 8 15 31 4 6 —... 1* 4 4 1 Jan. Oct. Nov. July Dec. Jan. Dec. 24* * * * 1* 13* Sept. 16 3* Dec. 29 2 100 10* Sale 6* 8 20* 21* 2J 2 * Oct. 78 1* Lion Oil Ref Co Sale Lynch Corp 5* Sale 19 —• 5 12* 7* 13 8* 10 1034 5* Sale 1 * 2* 36 * coin Sale 38* 15* Sale 18 McCord Manufacturing A..* McGraw Electric com * • 16* Sale 36* 38 ..... 10 4* Jan. 354 20 5* Jan. 20 4* Jan. 14 Jan. 4 30 Jan. 26 32 Jan. 26 10 12 12 Jan. 11 14 Jan. 9 10 3 3* Jan. 11 10* Jan. 20 Jan. 18 7* Jan. 19 Jan. 9* 5 2* 6 14* Jan. 16 3* Jan. 28 5* Jan. 14 2* 25 13 12 8 10 28 13 8 4 ua 4 5 30 9 33 534 Sale 16* Sale 410 Mapes Cons Mfg Co cap.....* '6* 354 5 35 3* Sale Dec. 31 30 38 2 43 21 ..... 2 15 10 42 ....* com Packing Co.. 40 85 9 10 Preferred Loudon Sale 4 5* Sale Jan. 45 Feb. Jan. 10 15* 29* 16 16* 3* Sale 15 29 29 12 35 40 1534 16 9* Sale 2* Sale Jan. 68 d6 Jan. 22 Jan. 43 43 "I* "2* Lindsay Nunn Pub $2 pref..* 2.320 McQuay-Norrls Mfg 28.650 McWllliams Dredging Co "•ioo —... 3* 1* Sale 4 87 1654 * 241.550 Majestic Household IJtllcom* 47,152 Manhatt-Dearborn Corp com* y Sale Sale Jan. Mar. 19 29 37 Aug. 10 9 23* Mar. 20 34 Jan. 8 31 Aug. 31 7* Mar. 0 75 Apr. 10 51 Feb. 13 5* Mar. 2 13* Mar. 19 Jan. 80 35* July 18* Mar. 10* Apr. 25 Feb. 1* Feb. * Feb. 1 Apr 5 0 19 0 25 25 18 23 Corp— 700 Leath A Co 3,000 12* 5 6 * 1,160 Lane Drug com * t c. Cumulative preferred....* 1,530 3,520 1* 10* 2 Jan. ._.._* Common..... 170 Kuppenheimer A Co B com .5 5,650 .... 90* 100 Investment Co of Amer com.* Preferred 100 3,950 8,690 Kentucky Utll Jr cum pref.50 19.350 Ken-RadTube A Lpcom A..* 16.050 Keystone Steel A Wire com.* 20 15* 29 * 14,500 150 13* Insull Utll Invest Inc.......* 44.809 Kalamazoo Stove com......* 1 16,650 Katz Drug Co com 79,641 Kellogg Switchboard com.. 10 150 5 17 2 Sale 900 *490 ..... 3834 1* 400 1,600 4* ...* Inc clasj A Iron Fireman Mfg Co ▼ t c 550 ..... 5 • » t C 20 Interstate Power $6 pref.. * Interstate Power Co $7 pref.* 500 234 17* 18 134 Sale 11 * Sale 13 3* 354 1* Sale 50* Sale 15 1,240 8,570 60,660 200 88 ..25 Illinois Brick Co 100 Ind Terr Ilium Oil Co A....* 13,750 11 11* ._...* 15,020 Inland Utll 200 Sale 11 4 Class B 470 Indep Pneum Tool 2,797.215 2,235 73.760 25 1 * 18 1 11* Sale 610 Hussman-Llgonler Co com..* 120,850 15 6 6* 2* Sale 28 A. 80.780 Houdaiile-Hershey class A..* 120 * 10 2* 2* 2334 Sale Jan. 29 * Dec. 31 24* ~5* "7H 9? Oct. 10* Mar. 17 Bartlett A common Hormel A Co 6 23* Jan. Mar. 12 Jan. 27 12 Gen Theatres Equip Corp— 47,893 5,200 3,360 65 70 80 45 1 15 11 20 15 S 35 Oct. 8 41 Oct. 13 39* Oct. 6 50 Dec. 18 * Dec. 29 93 Sept. 5* Dec. 22 12 75 5 Gen Candy Corp cl A Gen Parts Corp con* I 14 Sale .100 ... Sale Prices. 25 25 29 68 Simons A A Dredge Co com 2,320 Gardner-Dearer Co com.. 10 General Box Corp pref...100 3,720 630 50 55 Highest. Prices. Aug. 28 46* Aug. 26 51* Apr. 25 42 ... 50* Sale Prices. 3534 Jan. 39* ... Sale Lowest. Highest. Lowest. Jan. 30. 2. YEAR 1931. 12 3* 4* Jan. 28 Jan. 22 Dec. 11 4* 5* 5 6 Oct. Jan. 30 3* Jan. 18 10* Jan. 5 Dec. 14 8 Dec. 29 Feb. 3* Jan. Jan. Dec. Sale 6 11 3 Sale 29 34 1* Jan. 16 4* Dec. 30 3 Dec. 18 32 Dec. 12 12* Dec. 30 6 Mar. 11 5* Dec. 21 5 Nov. 21 1* Dec. 28 27* Dec. 28 11* Sept. 21 2 Dec. 19 25 4* Jan. 25 4 Jan. 25 4 13 8 40 17 Feb. 10 Jan. 22 Mar. 24 83 5 16 14* Mar. 20 42* Jan. 31 23* Apr. 13 10* Sept. 3 10 Jan. 13 19 Feb. 24 6* Jan. 23 42 Apr. 25 20 Mar. 25 25* Jan. 16* Jan. 40 15 2 Mar. 10 31* Mar. 26 7 * Jan. 5 20* Feb. 17 42 Aug. 20 Marks Bros Theatres Inc— 40 preferred....* 6 Sale Co com—• 27 Sale 12.025 Material Service Corp com.10 16 7,960 95,060 3,400 600 Convertible Marshall Field A 21,000 Maytag Co (The) pref 13,350 Meadow Mfg Co com 4",455 800 15,865 Mer 330 4,340 Metrop Ind Co allot ctfs_. * 23,750 Mickel berry's Food Prod coml —* 1,260 Mld-Cont Laund Inc A 14,000 Middle West Tel Co com— * 1,550 258,350 3,625,700 41,250 37,350 47,335 450 800 7,075 2,000 850 350 80 190 101 10 200 • Mfrs Sec cl A com...* Warrants A. 4,350 50 "350 "l",205 250 70 • 47 2 10* Jan. 13 Jan. 14 20 14* Jan. 19 * Jan. 27 Jan. 22 Jan. 16 22 5* 10 5* 14 15 5* Sale 6 16 5* Sale * 51 54 51 35 Sale 1 Sale 79* Sale 5 54 * * 39* 14 20* "Sale 54 * Sale 5* 13 14 i-16 1-16 Sale 40 42 87 49 . 9154 Sale 5 5* Sale 10 80* 100 Preferred... 3,020 24,880 Morgan Lithograph com 1,780 Mosser Leather Corp com » * * 180 Mountain States Pow pref.100 * 7,250 Muncle Gear Co cl "A" Common * 8,000 13,700 Muskegon Mot Spec con* A.* 5,300 Nachman SpringflUed com.* 7,320 National Battery Co pref •j x Kx-dividend Nov. 16 7 Dec. 5 11* Feb. 11 32* Feb. 24 9 25* Apr. Dec. 9 5 2* Jan. 15 Feb. 9 9 15 Mar. 27 23* Mar. 9 18 5 16 Dec. 17 6* Jan. 13 5 Oct. 1 June 2 Dec. Dec. Dec. Dec. 29 Dec. 17 100* Apr. 14 Jan. 10 5 Jan. 11 6 Jan. 14 Jan. 11 16 Jan. 5 Jan. 25 5* * * 34 Jan. 23 Jan. 6 Jan. 4 Jan. 2 7 14 Jan. 12 Jan. 14 Jan. 14 Jan. * % 54 1* Sale 19 9* Dec. 18 10* Oct. 30 9 5 Dec. * Dec. 10 7* Apr. 29 1 5 5 39* Sale Sept. 23 2 9 Sale 12* Sale Jan. 50 .. . - "6* 58|4 7* * 42* 48* 39* 48 12 4* 12* 6* 15* * Jan. Jan. 1-16 Jan. 45 Jan. 7 Jan. 13 Jan. 22 Jan. 13 39 Jan. 42 Jan. 50 Jan. 20 40 Jan. 40 Jan. 13 Jan. 6 Jan. 5 28 4 14 5 Feb. 17 3 23 Dec. 29 43* 25 1 * ,* Nov. 36 Dec. 18 90* Dec. 18 100 42 Dec. 19 85 35 11 44 Jan. 29 6 8 Jan. Mar. 31 14* 4* 24* 25* Aug. 11 Mar. 10 Feb. 11 * Sept. 21 4* Dec. 30 48* Jan. 25 48* Jan. 7 11* 4* * * 30 42 Dec. Oct. 31 5 11 9 Feb. 7 Jan. 7 Feb. 10 Feb. 24 Jan. Mar. 25 94* Apr. 27 24 Feb. 20 Reg 21,700 Minn-Moline Pow Impl com 2,790 Miss Vail Util pr lien pref..* 3,500 $7 preferred * 201,675 Mo-Kan Pipe Line Co com..5 11,010 Modine Mfg com ._* No par value. 40 4 15* Dec. 29 1 * Dec. 18 Common * 3,170 Mohawk Rubber Co com 1,430 Monighan Mfg Corp A...._.» 4,030 Monroe Chemical Co com...* 380 350 50 17* pref, "A" Minneapolis-Honeywell 90 110 20 ..... conv. 2IH 7* ..... 16 13,230 Midland Nat Gas Co part A.* 194,861 Midland United Co com....* Convertible preferred....* 28,190 Warrants 36,750 3,720 Midland Util 6% pr "lien" 1100 4,975 7% prior Hen 100 Preferred 6% A 2,340 .....100 Preferred 7% A 1,430 100 5,910 Miller A Hart Inc con* pref.* 50 ""134 "2"" Middle West Utilities new.-* Warrants B._. 10* Sale 1354 Sale 5 * * 210 Memphis Nat Gas com......* 340 Mercantile Disc Corp A _* A 1834 3* 10* Sale 13* 14 4* 34 54 92* 93* 93* 95 5* 32* 4* 19 3* 22 4* 8 1 * 10* 9 24* Sale 34 6* 40 51 45 1 1* 10 1* 11* 3 254 25* 354 27 40* 40 lV* 8 5* 25 10* Mar. II 38* Jan. 6 1* Jan. 4 2 Jan. 11 1 14 12 Jan. 14 10 A* 12 3* 12 Jan. 3 354 1* Nov. Jan. Jan. 6 6 32 1 27 1 5 Jan. 11 5 31 Sale Jan. 27 Jan. 11 5 6 Sale Jan. Jan. 2 8 5 25 Jan. 26 9* Jan. 23 9 Jan. 5 Jan. 6 5 Jan. 2 17* 5 19* Jan. Jan. 5 3 * Sept. 29 5 Dec. 68 * Jan. 19 sj $ 22 1* Jan. 23 67 19* Dec. 2* Dec. 29 2 10 17 Dec. 10 8 8 6 10 94 25 97 Jan. 19 Sale 2* 13 96* Apr. Dec. 31 Jan. 40 2 Mar. II Dec. 31 40 20 6 50 40 68 Sale 50* Jan. 19 50 Jan. 5 15* Dec. 29 Dec. * Nov. * Dec. 8* Dec. 4* Sept. 20 Jan. 2 14 Mar. 28 Jan. 2* 5* Jan. 26 33 May 15 9 Feb. 11 8* Apr. 4 10 93 May 20 28 29 29 30 6* 4* 15* 11* Apr. Apr. Feb. Feb. Aug. If 10 Mar. 30 33 25 28 19 Lr- CHICAGO 63 CHICAGO AGGREGATE SALES, . STOCK EXCHANGE In January. STOCKS Nat Elec Power A part * 100 7% preferred 665 60 Without warrants National Nor 14,200 63,035 45,125 150 3,450 1,800 preferred » Cumul. conv. 250 "750 550 350 150 ""40 3X % Sale Sale 39 X 534 Sale 67 67 34 10 24% 25 X Sale 834 IX Sale 40 40 X 100 * * com Nor Amer Gas 8c Elec cl A__* Nor Amer Lt 8c Power com..* 7% preferred 100 4,960 100 90 Okla Gas & Elec 7% pref 131 Omnibus Corp (The) pref A 100 * 4,190 Ontario Mfg Co com 610 Oshkosh Overall Co "16 780 com Convertible preferred....* 550 Pac Pub Serv Co cl A conv..* k 450 1,000 1,000 Pacific West Oil Corp com. 11,300 Parker Pen (The) Co com..10 • 4,490 Peabody Coal Co B com 210 6% preferred 100 ... 260 Penn Cent Lt & Pow pref 9,700 250 35,215 850 5,850 26 X Sale 13 12 62 X Sale 7X 8 31X Sale 10 15 895* 91X 89 X 45,000 2,860 440 700 650 450 400 • 850 30 950 '350 90 100 * Penn Gas 8c Elec A com * (The) .._* com 3,550 Common 9X 1% 11% 4 Sale Sale Sale Sale Sale 129 200% 123J4 12434 16 X 27 20 20 1] 35 J VA Sale 354 Jan. 54 Jan. 35 Jan. Sale 1934 21 2h 134 1934 Sale 1934 Jan. Jan. Preferred........ Rollins Hos Mills * 2 20 Ryan Car Co (The) com * 16,800 Ryerson 8c Son Inc com....* 5,130 Sally Frocks Inc com 13,220 Sangamo Electric Co 23 9,515 143.550 Seaboard Utll Shares com..* 22,850 Segal Lock & H Co com. ._* 5,384 Slgnode Steel Strap Co pf_30 1,210 Common ...» X 3 2 Sale 20 '"116 4,480 Southw G&E Co 7% pref.100 54 Jan. 1254 Jan. 4 18 Jan. 4 Jan. Jan. Jan. Jan. Jan. 2 .7 1 21 1% Jan. 13 Jan. 28 5 534 Jan. 534 5 60 29 6 554 24 154 2154 534 47 &&& * 450 300 2,000 Spiegel May Stern Inc com..* 1,130 St Louis Nat Stock Yards 34,150 Standard Dredge conv pref.* 14,800 Common ; ...» 150 910 Standard Pub Service A ___* 50 100 26", 700 20,050 350 370 30 5,750 Studebaker Mall Order cl A_* 1,510 Common .._..._* 900 Stuz Motor Car com ._...* 20,400 Super Maid Corp com 820 Sutherland Paper Co com..10 35 343,080 Swift 8c Co stk 335.560 Swift International.......15 8,490 Telephone Bond 8c Share A_ 1,550 First preferred.. 100 2,830 Tenn Prod Corp com ...» T.Ioo 28,600 Thompson (J R) 25 8,000 Tlme-O-Stat Controls pf A.* 9,050 Transformer Corp of Am com* 4,440 Twelfth Street Stores A * 270 " 27 Jan. 55 14 90 6% 2 14 11 15 16 5 6 5 2234 16 . 134 1834 Mar. 30 Dec. Sept. 16 13 Nov. 12 3 5 22 Apr. 554 Jan. 234 Jan. 27 12 Oct. com 27 634 6 Sale 834 534 Jan. Jan. 6 2 29 X Jan. Sale 4 34 Sale 2534 434 34 4 134 Jan. 9 2254 Jan. 28 334 Jan. 8 5 2554 Jan. 634 Jan. 29 18 Sale 1 34 Jan. 2 Jan. Sale Sale 21 21 8 Feb. 21 7 60 Feb. 21 Nov. 25 73 Nov. 5 1334 May Jan. 8 14 Jan. 15 6 434 334 4 Jan. 115 Sale 4 Jan. 4 434 Jan. 12 Dec. 14 Dec. 19 225 X Dec. 17 154 Oct. 29 Dec. 3 14 Dec. 23 18 34 Dec. 125 117 119 114 125 117 100 105 10034 Sale 104 107 109 Sale 22 125 Jan. 9 120 o Sale 10034 105 134 Sale 85^ _Sa!e Sale 10454 154 15* 134 Sale 134 1734 Sale 8* 9734 Jan. 10334 Jan. 1 Jan. 30 10454 Jan. Jan. 15 114 3 Jan. 30 84 9 8234 15* 19 20 mm mm 4 18 4 28 Oct. 29 115 Dec. 28 262 Feb. 27 Dec. 28 265 Feb. 26 .lan. 99 * 100 Dec. 85 Jan. 9 93 13 Jan. 2 15 Jan, Jan. 2 2 15 17 134 Jan. 934 Jan. 8254 Jan. 18 14 234 18 2 234 Apr. 27 1 80 Apr. 8 34 Mar. 12 26 72 27 8 May 7 34 Dec. 954 Dec. 28 254 Jan. 21 Dec. Jan. 26 Dec. 30 19 Jan. 64 Jan. 14 234 Jan. Jan. 1034 Jan. 27 15 16 75 1234 5 Jan. 26 15 19 Dec. 36 9 X Dec. 21 5 54 Jan. 29 1234 Nov. 7 10 11 Dec. 4 23 9 27 134 12 Dec. 20 Dec. 2134 9 12 134 Jan. 14 Dec. Jan. 12 44 27 Jan. 12 38 1 Jan. 4 734 Jan. 26 34 Jan. 13 2 9 IX 734 154 1 7% 1% Jan. Jan. 38 35 2 1-16 34 1-16 Dec. 31 21 17 4 Oct. 16 Dec. 5 Jan. 34 Jan. Feb. 31 6 8 134 1 34 Jan. 12 134 Jan. 14 Jan. 154 Jan. 3 34 Jan. 22 34 Jan. 15 34 16 Jan. 13 69 Jan. 93 52 57 50 60 52 Jan. 27 59 Jan. 334 1 134 6834 534 34 34 ::::: so** 7 Aug. 5 Feb. 27 12 20 2034 Jan. 28 1534 Mar. 21 Mar. 14 6 1034 854 1334 634 Aug. 7 Dec. 14 Apr. 13 Feb. 16 38 Feb. 28 Feb. If, 134 Apr. 6 7 29 26 Jan. 9 Mar. 2634 Feb. 2 9 Mar. 25 95 1334 Apr. 18 Jan. 7 Feb. 6 534 Jan. 9 754 Juno 9 20 Jan. 7 934 Jan. 19 34 Feb. 6 85 48 17 Jan. Mar. 20 12 10 4 Dec. 30 Sale 134 3 100 34 6 3 34 3 334 IX 134 2 fid" 58 7* "334 1 3 5 Dec. 30 5 Sept. 11 9 7 Dec. 11 80 1 14 Oct. 18 Sale Sale 6 Dec. 30 Jan. P Jan. Sale Sale 18 Jan. 1834 2034 134 1134 „34 354 10 11 3034 Jan. 5 4034 Apr. 14 Jan. 18 44 Jan. 5 43 Jan. 26 95 Jan. 9 92 134 Jan. 2 134 Jan. 2 13 1134 Jan. 5 1334 Jan. 14 12 34 Jan. 13 134 Jan. 15 1654 Jan. 34 Dec. 154 454 X 1-16 22 Dec. Dec. 134 Dec. 434 Dec. 3 Dec. Dec. 34 Apr. 1734 Dec. ioH "4" 6 11 11 88 7 Feb. 24 38 34 3 Dec. 9234 10 434 5 Jan. 2054 June 20 Dec. 40 12 1 Jan. 38 134 Apr. 15 334 Mar. Jan" 89 Sale 434 1234 May 13 24 Feb. 1834 94 90 Feb. 27 June 1 Jan. 13 Jan. 3 Jan. • 2 25 4534 40 _ 7 Mar. 4 Mar. 17 Jan. 26 29 Aug. 27 Oct. 1954 Jan. 6 18 14 3 Jan. 6 30 22 28 6 354 1834 21 5 Oct. 2 16 8 Jan. 1 u 27 18 ,0 Dec. 334 70 234 Jan. 6834 Jan. 34 Jan. Jan. 5 34 5 18 154 9834 9434 934 14 254 Jan. 134 Jan. 5834 Jan. X Jan. 27 Dec. Feb. 34 Feb. 234 Nov. 334 Jan. 1334 76 3 Jan. 24 Feb. 1334 • 13 Dec. 29 12 2634 1634 Sale Dec. 534 Mar. 27 30 19 Dec. 16 25 334 Dec. 15 Dec. 19 7 14 19 15 3 65 634 14 Dec. 29 Feb. 9 34 1634 6534 54 102 Feb. Feb. 11 1434 134 63 Sale* 2 Mar. 13 45 Dec. 28 170 Dec. 17 122 23 54 34 Sept. 14 54 Dec. 28 1454 Sept. 30 1 Feb. 23 Sept. 30 147 % Dec. 14 5 154 Jan. 6 6 1 2 18 137 134 Dec. 18 14 5 105 Jan. 1554 Jan. 19 20 10 26 8 Jan. 95 234 1354 ■ 19 10* 2 «•' Feb. Mar. 19 13 334 Sept. 16 X Jan. 23 Jan. 10054 Jan. 1 1 8* 34 Jan. 86 34 Jan. 754 Jan. 8234 Jan. 2 Sale 8* 14 16 34 15 13 18 May 21 4034 Aug. 26 2254 Apr. 9 Mar. 17 115 121 69 Sale 5 5 Dec. 62 1834 Sale 834 Sale Sale 2 354 Dec. 29 24% Jan. 26 May May 334 Dec. 15 Sale 1734 1034 11 2 Mar. 12 3 53 99 3 10% Feb. 534 Feb. 14 2254 Mar. 6 2434 Mar. 27 Dec. 29 16 1 '"I34 "3" "134 "3" 37 I? 434 6% 2834 3634 Sept. 9 5354 Dec. 23 Dec. 29 Oct. Stock purchase warrants 820 20 Wacker Drive $6 pref....* 14 Feb. 98 4 7 13 Feb.. 14 110 4 45 Sale 2334 34 94 89 Jan. 37 16 Dec. 8 X 7X 21 9 55 534 Jan. 34 Jan. 6 34 1 17 May 12 1334 Feb. 74 Aug. 1134 Mar. 30 16*" Jan7"Ii Jan. 5 Feb. 24 Mar. 19 Feb. 31 45 2 11 20 Sale 65 100 47% 3% Sale 20 5 Dec. 22 102 20 Jan. 6 534 Jan. 5 Feb. tv* 40 116 534 14 26 45 9 Mar. 8 3X 67% 19 10 Dec. 20 Sale 6 2 6 9 19 3434 Mar. 19 90 Jan. 46 59 95 5 4% Sale 320 Texas-Louisiana Pow pf__100 "'"806 Dec. 30 Jan. 61 8 190 Standard Telephone pref * 11,400 Steinite Radio Co ...» 1.720 Storkline Fur conv pref 25 100 17 I 7% Feb. 21 76 Dec. 20iX " 4 Dec. Mar. 3,360 Southw Lt 8c Power pref 2 Dec. 30 4 10 Southwest Dairy Prod com 80 Nov. Mar. 5 19 34 Dec. 30 Oct. 22 3 Dec. 3 " 14 Jan. 1254 Dec. 28 May 12 40 334 Dec. 16 11 16 Apr. 31 16 70 Jan. 7 10 11 7 25% Purchase warrants........ ""300 8 5 454 Jan. 234 Jan. 18 Jan. 8 22% 25 Pub Serv Co $6 pfd * Convertible preferred... 2034 Jan. Mar. 25 Oct. 31 - 6 6 Sale 30 2,909 Seaboard 20 Jan. 11 5 8134 91 "0% * ..* Jan. Sale 20 534 1734 5 Sale 157 pref ...* 2 45 Feb. 91 6 Jan, 40 11234 113 3% Sale 1934 Sale 3> 2% 2* 6X 7% Ross Gear 8c Tool com...... conv 6 14 2 2 82 ..100 Republic Gas Corp com. Richards (Elmer) Co pref a a Jan. 95 1 23 "35"' 5 Oct. 234 Dec. 30 Oct. 1 12 24 13 June 30 34 Nov. 2 34 Sept. 25 1,3 4 14 34 Jan. 1234 Jan. % 234 Sale Rights 8,101 Reliance Internat Corp A..* 11,050 Reliance Mfg Co Common. 10 205 Jan. 34 Jan. 13 1 s/> 200 X ..... 44 h 1*. si "0% Sale' 6% preferred .......100 7% preferred...... 100 Rights Sale 2 21 100 ...... 1,270 Slvyer Steel Casting Co com.* 3,800 So Colo Pow Elec A com 25 61,025 Southern Union Gas com...* 2,350 Rights 7,340 South East G & W part A...* 700 5 70 * Pub Serv of Nor 111 com 180 Pub Utll Sec Corp $7 pref * 212,390 Q-R-S De Vry Corp (The)...* * 25,045 Quaker Oats Co com Preferred 100 7.695 43.300 Railroad Shares Corp com..* 11,480 Rath Packing Co com 10 * 49,050 Raytheon Mfg Co com ""loo 1~206 3 55 * Process Corporation com 340 83 73 Sale 2 Polymet Mfg Corp com * Poor & Co class B common..* 854 Dec. 17 14 Sale Prices 28 Mar. 18 70 Sale 18 15 34 15,050 1,380 2,700 10,600 1,095 Jan. 12 19% Sale 300 Preferred ...........100 14,650 Saxet Co common ....♦ ""310 534 10 160 440 454 20 X 1334 28 Potter Co YEAR 1931. Highest. 5354 Dec. 23 26.650 Perfect Circle (The) Co.....* .5 131.230 Pines Wlnterfront com 35,300 1934 534 8 4 Sale Sale 250 ""510 34 Jan. 34 34 334 ..w..- 201 60,200 800 1,875 5 89 24% 40 609 Peoples Gas Lt & Coke....100 Rights 61,200 160 Peoples Lt & Pr A com .__* 79,200 4,050 13,600 27,700 38,485 10.950 46,600 5,340 3.200 550 Lowest. Sale Prices 934 Jan. 11 954 X % ;; 2% 33 ;.v ta. 400 Sale 15 41 32 No 8c So Amer Corp A com..* 50 65,260 Nonhwest Bancorp com 11.150 Northwest Eng Co com * 2,300 Nor West Utll pr lien pref.100 700 2,800 Highest. Sale Prices. 45 1 Nat Secur Invest Co com 44,750 North American Car 12,770 190,605 24,850 10% Ask. . 95 * pref 4% cumulative pref 100 Nat Shareholders com "466 91 Bid Republic Invest Trust— * 71,010 National Standard com 4,130 Nat Term Corp part pref.. * * 17,600 Nat Union Radio Corp 80,340 Noblltt-Sparks Ind Inc com.* 20 Northern Paper Mills com * 1;306 23% Sale Lowest. Sale Prices Jan. 30. 2. Ask Bid. Pub Service Corp— conv 3,010 110 Ask ... 95,625 Nat Family Stores Inc com..* 10 10,960 National Leather com 50 Jan. 1931. Bid. 51,970 4,200 RANGE FOR PRICES IN JANUARY. Price Jan. 2 12 Months 1931. Shares. Shares. EXCHANGE STOCK Feb. 21 5534 Feb. 25 Feb. 25 104 *ZH 70 34 Feb. 9 Feb. 17 3 20 Mar. 2834 Feb. May it* 47* Feb. 9 10 Mar. 31 Apr. 22 Twin States Natural Gas— 700 900 250 14,790 Participating A • 1,876 Union Carbide 8t Carbon...* 32,600 United Amer Utll Inc com * 13,750 Class A * 200 United Chemicals Inc pref .* Unit Corp of Amer pref__..* 18,987 2 134 Sale 5734 57X 654 Sale 12 350 50 _ 210 26",750 5,600 3,900 5,750 650 250 200 United Pub Utll 96 pref 169.380 U S Gypsum 2,020 Preferred. 1,120 U S Lines Inc pref 20 ........... 1,741,410 U S Radio ♦ ..100 ._._* 10 14 15 234 38" 117 5X 28 54 Jan. 28 21 100 d4 22 9 Sale Sale 2234 Sale 6 1234 Feb. 234 Jan. 20 11* K 20 1134 134 234 Feb. Dec. 15 24 Nov. 24 - 2 Jan. 28 2 334 Jan. 4 334 Jan. 20 Jan. 1 19 Sale 1854 Jan. 2034 "22 10934 10934 Jan. 11634 100 2 2 54 11 834 Jan. 854 Sale 1054 1 34 Jan. 34 Sale 134 2 Jan. 234 234 Sale 8 Jan. 8 854 954 Sale 9 934 954 Jan. 934 734 3 234 Jan. 154 234 234 Sale Sale 6X 434 20 66 Sale .34 3 2 Sale Sale 79,220 Convertible preferred._._* 20,300 Utilities Pow & Lt Corp A..* 27,948 Common non-voting......* 9 28 X __* com 68 21 16 1234 105,201 Utah Radio Products com..* 139,925 Utility 8c Ind Corp com * 8c Telev 13 Jan. 54 Jan. I 134 100 6,500 United Ptrs 8c Pubs com.. * 3,960 Convertible preferred _• 10 15,000 Common Jan. 2 55 106,080 United Gas Corp common..* 1,560 United Paper Board Co pf. 100 200 32 10 Sale 200 United Dry Docks, Inc com.* "150 Jan. Mar. 10 Feb. 13 12 6 Sale 7 134 Jan. 54 Jan. 32 134 Jan. 4 334 Jan. 19 1 ..iJ* it* 8 20 Jan. 8 4 2334 Jan. 14 49 7 134 20 110 4 4 2 4 11 19 Jan. 1254 Jan. IX Jan. 141 8 Feb. Apr. 26 7 Nov. 24 Jan. 2 Jan. 7 Mar. 2 Mar. 19 17 7 634 Jan. 3 35 Aug. Feb. 17 5 Feb. 27 9 June Jan. 9 1034 Jan. 19 19 Feb. Jan. 15 30 Mar. 26 6 1( 14 Feb. 26 3 10 2^4 Jan, CHICAGO AGGREGATE SALES 1931. Shares. Par. ■ 1,550 300 1,150 "25" * 4 9* 27 * 22* 5,990 3,587 3.581 7,481 4,800 T.ioo 10 100 , * Mach part v tiue a Highest. Sale Prices. 2 * Jan. 18 3* Jan. 4 23 * Dec. 4 Dec. 2 7 Jan. Jan. 13 5 1 11* 11* Sale 1 27 10 14* Jan. 23* Jan. 2 6 3 Jan. 25 Jan. 14 11 70 60 Jan. 29 30 34 Sale 32 Sale 30 iff Jan. Jan. 2* Jan, 5 5 30 30 6 4 3 4 ..... 2 3* 5* Sale Sale 2 Jan. 29 Jan. 21 6 7 6 5* 60 1 45 47* Jan. 27 3* 4* 3 5* Sale 3 4 Formerly the Saxet Company. 3 3* 3* 3* 5* .... * 1* 3* 3* 2 10 l* 10 11* Sale x 15 Oct. 5 Dec. 28 5 3* 3* Jan. "§* 26 1 * 3* Jan. 28 1* Jan. Jan. Jan. 4 15 4 1* Jan. 4 Jan. 5 11*. Jan. 23 6 JanS 8 15 14* Jan. 3* Dec. 12 Sept. 29 5 Jan. 7 3* Dec 29 1* Aug. 12 10* Feb. 2 1* Oct. 5 7» Sept. 25 * Dec. 17 26 * Jan. 10 i 7 Jan. 3 Jan. Jan. 6 2 Sale 3* 5 m 11* Mar. 10 15 23* July 47* Jan. 27 * June 15 13* 20 6 Jan. Jan. Dec. 29 4 "5* Jan"""2 "7"Jan"""7 10 60 Mar. 26 Mar. 26 Dec. 28 104* Apr. 17 Feb. 21 30* Dec. 22 73 1 Dec. 10 6* Feb. 24 Feb. 25 3* Dec. 18 28 Jan. 23 8 22 4 Oct. 14 29 4* Jan. 28 2* Sale 4* 1 2 Apr. 14 ?oH 70 Jan. Jan. Jan. 73 34 2 4 Dec. 22 17 Dec. 28 Dec. 9 Dec. 10 5 2* 17 4 58 95 Sale 10 4 * Sale 21 Sale 3 Dec. 3 10 5 pref.4 June 21* Dec. 18 3 76 Sale 12 12 9 Mar. 12* Mar. 4 8* May 4 8* Mar. 12 23 Mar. 9 29 Feb. 17 4 1 Jan. 21* Jan. 27 6* Jan. 29 5 11 4 1 155* 16* 22 4 30 19 * Oct. 2 Jan. 60 7 22 100 37,450 Yellow Cab Co Inc (Chic)..4 89,305 Zenith Radio Coro com 4 0.0 par 12* 12 Wil-Low Cafeterias Inc com.4 Wisconsin Bankshares com 10 Wolverine Portland CementlO 37,471 Yates-Amer Lowest. Sale Prices. * Jan. 13* 23 21* 5 97 Sale m 110 Woodruff & Edw Inc part A .♦ 50 500 2,350 1* 12 21 Sale 5 168,460 Wextark Radio Stores com.4 2,179 Wieboldt Stores Inc 4 2,500 Williams Oll-O-Mat bom 4 7",700 Sale 20 25 __7% preferred Highest. Sale Prices. 3 4 o 8 Wayne Pump Co com.. 4 Convertible preferred....4 Western Con UtII Inc A 4 Western Grocer Co com 29.810 West P L & Tel class A Lowest. Ask * Sale 22* 25* 11* Sale 1* 3 4 com Sale 25* 1* 4 14* Sale 22* 20 45" 100 2,166 2 19 25 * 10 Waukesha Motor Co 1931. Sale Prices. Jan. 30. Ask. Bid. 8* May 1 * * 1.430 Convertible preferred....4 7,395 Ward (Montgom) 8c Co cl A.4 400 Bid. 5 * 2 1,210 2. 3* —— 415 290 ♦ Ask. 27,960 Wahl Co com • 728,300 Walgreen Co com * Stock purchase warrants.4 1,130 400 Warchel Corp com * 18,550 Jan. Bid. 9* 915 Van Sicklen Corp part A 7,590 Viking Pump Co Pref 5,300 Common 40 Vogt Mfg Corp common 5,810 Vorsec Co part pref.. 31,800 Vortex Cup Co com 20,560 Clasi ""loo YEAR Jan. 2 STOCKS. 1931. Shares. 350 RANGE FOR PRICES IN JANUARY. Price about 12 Months January. 63 EXCHANGE CHICAGO STOCK EXCHANGE In STOCK 5 6 6* Jan. 18 2* Apr. 18 10* Feb. 2 9 Feb. 17 23* Mar. I9 _ 5* Feb. 27 Ex-divldepd. Philadelphia St'k Exchange MONTHLY AND YEARLY RECORD RANGE OF PRICES ON PHILADELPHIA STOCK EXCHANGE Stock Sales. 1932. Shares Jan. 1 to Dec. 31.- AGGREGATE SALES In January. 706,452 1930. 10,436,587 Shares. , 30,000 40,600 5,000 Ask Jan. Bid. 2. Ask Jan. 30. Bid. Ask 2,000 .48,000 305,300 Lehigh Power 4,000 Liberty 4th 4* 2,000 Northern Penn 247,000 Penn Cent L & 2,000 Penna Co 4*8 227,000 24,000 316,700 2,000 59,000 15,000 30,000 13,300 35 24* 28 28 29 P 5 28* Jan. Jan. 9 28* Jan. 1st lien & ref 5s. 30 "3~66o 837.600 124*,706 1st Hen & ref 5*s 30,500 1947 1st lien 8c ref 5*8 3,000 1953 536,000 Phila Elec Pow Co 5*s—1972 5,000 Phlla & Read C & D 6s Phila Sub Co 4* 5,000 1st & ref 4s... 1st 5s... Jan. 22 90 Jan. 12 Dec. 22 45 Dec. 30 36 Dec. 30 3 Dec. 30 84 Dec. 29 102* May 7 24* Dec. 30 24* Dec. 30 3 Dec. 30 3 Dec. 30 15 Apr. 11 9 26* Jan. 12 Dec. 19 82 Dec. 21 Jan. 21 70 Jan. 21 69 Oct. 15 82 Jan. 96 Nov. 16 3 30 89 104 104"" Sale' 77 128 Sale 96* 5,000 Phila Sub Water 4* 1967 5,000 Philadelphia N Y Canal 4*s_ 1,000 i Jan. 80* Jan. ..... 98* 99* Sale 99* Jan. 30 99* Jan. 30 14 75 Jan. Jan. Mar. 24 101 Nov. 7 96* Jan. 14 99 87 Oct. Nov. ion July 105* May 101* Mar. 84* Jan. 90 19 85* Jan. 14 69 Dec. 73* Nov. Dec. 70 92 96* Sale 32 99* 98* 101* 105* 101* 99* 104* 98* 85 102* Sale 104* Sale 90 95" "97" 84" "85" 108* Sale 107 106 Sale Sale 86 93 87 Jan. 8S 93" "94" 95" Jan. Sale 85" 83 84 100* Sale 90 50 103 Sale 100* 101 Oct. 16 Aug. July May Apr. Aug. May May 24 31 Dec. Jan. 5 1 14 7 12 3 16 Apr. 11 Oct. 102* Jan. 23 Dec. 95" Jan" "5 90 91 93 Jan. 87 Jan. 85 Jan. 103 Jan. 100* Sept. 91 May 105* Aug. 105* Feb. 100 Sept. 110 May 27 101 loo" May Mar. 95* May 20 9 Jan. 102* Jan. 20 28 96* Jan. 27 .Tan. Dec. 65 Jan. Dec. 99* Dec. 106* Jan. 106 100 9 19 92 Jan. 107* 101* Dec. Oct. 90 32 39* 83 95* Feb. 29 2 102* Apr. 40 Sept. 104* Apr. 10 20 84* Nov. 24 106* Apr. 20 Feb. 27 97 Feb. 27 97 126 Sept. 9 130 Mar. 25 88 Sept. 8 102 June 30 86 May 12 *6 May 12 Dec. 18 100 100 Dec. 18 75 ....1971 .—1966 Mar. 31 Nov. 24 May 4 Sept. 9 Aug. 3 May 18 Aug. 21 70 74 1967 266,300 J,x 87 24 "98* Sale 1939 —1960 2 I 1981 393,000 713,500 79 Dec. 21 109* May 15 109* May 15 7* Dec. 24 Dec. 24 96* Nov. 16 12 70 50 Phlla Bait & Wash 4*8..1977 Philadelphia Co 5s Sale Prices. 85 Dec. 2 75 25 .....1963 Penna Pow & Lt 4*8 1981 Pennsylvania RR 4*8—.1970 1943 Highest. Prices. 23 1965 Penn N Y Canal 4* Peoples Pass tr ctfs 4s Sale 14 .——I960 4*8 1931. 83 4*s_—— Phlla Elec (Pa) 1st s 14s. 1966 4s 500 1948 1st 4*8 series 64,000 1967 'MOO Jan. Jan. m 1936 56,800 "7", 000 86 1933 4s 5,000 Penna Cons 4*8 16,000 Penn Co 4*8 11,000 28 Prices. 5* Nov. 24 5* 87* June 2 95 100 July 31 101 100* Aug. 3 100* & Light 6s... 1,000 Lehigh Valley 1st 4s 1948 17,000 I ehigh Valley Annuity 6s 55,000 Lehigh Valley gen 4*8—2003 4s 5,000 2003 1,000 3,000 Sale Hudson & Manhattan RR 330,200 Keystone Tel 5s .—1935 1,000 Koppers Coke 5*s..——1947 361,000 Lehigh Nav cons 4*8 1954 11,000 4s.......: ........1948 21,000 Leh & New Eng 5s 1954 YEAR Lowest Highest. Prices 81 Vs Jan. Certificates of deposit.. 1,000 GenI Theatre Eiulp't 6s 1940 41,400 Interstate Rya coll tr 4s. 1943 10,000 Lowest. Sale Sale Fla E Coast Ry 1st 5s 47 C of d 139.000 Georgia Power & Lt 5* a. 1967 5.000 Germ Cent Agr Form 6s '60 "4",000 5,882,125 RANGE FOR Del El Power 5*a. 1959 Delaware P & L 4*8 1971 w 1 Delaware Pr & Lt 4*s.__1969 Elec 8c Peoples tr ctfs 4s_1945 1930. 11,273,422 PRICES IN JANUARY. 80* Jan. 81* 1931. $1,809,600 1931. Jan. 1 to Dec. 31 2028 Bell Telephone 5s 1948 Chic MHw & St Paul Ry Consul Trac N J 1st 5s...1932 Cuban Dom-Sugar 5*s._1944 1932. $701,971 ... _ 2. 1931. Bid. Amer Elec & Gas 5s January Price Jan. BONDS 11,000 1,000 102,000 55,000 3,000 78,500 97,000 4,000 636,200 95,535 1,000 Bond Sales. 27,034,794 PHILADELPHIA STOCK EXCHANGE 12 Months 1931. Shares. 1931. 682,846 1931. January 108 107 10 4 20 17 Sept. 8 107* Mar. 30 June 65 Dec. 94* 94* 99* 99* 94* 94* Dec. 99* Oct. 99* Oct. Feb. 29 8 31 June 23 Dec. 1 Dec. 29 Oct. 13 Oct. 13 PHILADELPHIA STOCK EXCHANGE 64 January. Shares. In "8"666 ' BONDS. 1931. • II 1 1 1 » 1 1 1 1 1 1 1 Dec. 23 95% Apr. 1 104 Dec. 11 106% Nov. 18 94% 97 97 Apr. 11 102 May 22 102 49% Dec. 31 49% 5% 5% Dec. 30 Oct. 30 104% 12 91 13 96% Jan. 90% Jan. 6 91% Jan. July 10 May 28 Nov. 18 Apr. 11 May 22 Dec. 31 Dec. 30 Sept. 10 5% Dec. 30 18 2 Dec. 18 12% Aug. 5 1 Dec. 30 Dec. 2 1959 r 12% Apr. 15 Dec. 30 1 ..... ..... 92 ■*« """ "76" . Jan. 87 90 ~97% ~98% ...... 29 5 Jan. 90 f'V:;V;* Jan. Jan 20 27% Dec. 16 92 Dec. 21 Dec. 21 50 — - 96 X 98 85% Nov. 23 27% Dec. 16 93% Sale .... "4*006 Prices Nov. 25 5% Dec. 30 1949 1945 8,000 Seaboard Air Line 6s 5,000 Seaboard &.Florida Ry 6s '35 149,000 Strawbridge & Cloth 5s. 104M 5,000 St L & San Fran Co 5s...1950 1950 11,000 Union Gulf Corp 5s 1,000 United Rys 4s trust ctfs 4,000 Waldorf Astoria 7s 2,600 Warner Co 1st 6s «| war. 1144 1939 5,000 Warner Co 1st 6s 1,000 W Jersey & Seashore 3%• 1936 16X7 165,600 York Rys 1st 5s. 1 1 84% Jan. Highest. Sale Prices. Sale 88% 94 % 12 100% 94% ..... 5,000 Santiago & Chile 7s 4,000 Seaboard Air Line 4s I Lowest. Highest. Sale Prices. Prices. 103 1933 1,000 Reading Traction 5s 3,000 Republic of Poland 8s.. 1961 5,000 Republic of Peru 110,600 Safe Harbor W Pow 4%g_1979 27'666 • Sale Ask. Ask. Bid. Bid. Lowest. Jan. 30. 2. Jan. // Ask. 1975 3,000 Pitts C C & St L RR 5s 198,500 Pub Serv EI & GaS 4s w 1.1971 40,000 1937 2,000 Reading 1st 4s Improvement 4s YEAR 1931. RANGE FOR PRICES IN JANUARY. 2 Bid. 500 , Price Jan. 12 Months 1931. Shares. ; PHILADELPHIA STOCK EXCHANGE AGGREGATE SALES. 50 22 18 18 Dec. 15 94% Apr. 30 96 32% Nov. 30 34% 95% 95% June 11 87 Dec. 8 101 Jan 22 Dec. 15 Jan. 8 Nov. 27 June 11 Apr. 2 , ■ Shares. STOCKS Shares. Almar Stores 43,037 6,360 2~,305 62,600 1,040 49,180 28,510 1,930 256,300 4,095 65,675 "i'400 1,700 T.oio 685 1,700 American Stores * Budd (E 116 % 5% G) Mfg Co 4 • '• '• 1 ... 10 72,371 Fire Association 1,038 (I) Fishman & Sons 1,788 Giant Portland Cement...50 2,588 Giant Portl Cement pref 170 2,200 Horn 4k Hardart (Phlla) com.* 48,080 Horn & Hardart (N Y) com..* 90 985 5,900 Preferred of N A 10 100 6,900 Lake Superior Corp Certificates of deposit 50,000 138,803 Lehigh Coal & Navigation.._ 3,168 Lehigh Valley 354 500 Lit Brothers 63 Little Schuylkill.. 4,100 22,500 68,663 2,200 Manufacturers Cas Ins 5% Mitten Bank Sec Corp 14 35% 2% 7 % 15 11 105% '"1%Jan"4 ""2% Jan7"l4 Jan. 9 2% Jan. 6 9 4 Jan. 14 4% Jan. 14 15 12 35 18 Tix 155"" 2% 4 9 Jan. 8 2 Jan. 6 31% Jan. 19 7% Jan. % Jan. 9% 6 12 9% Jan. % Jan. 13 12 Tx Jan. 25 Jx 17 8 107 27% 26% Jan. 99% Jan. 28% Jan. ..... 30 28X 105 115 29 25 100 29% 30% 100 Jan. 9 Jan. 4 30 Jan. 22 100 4 31% Jan. 8 11 120 14 Sale 11 10% 10% 25 Sale 10 14% 15% 9% Jan. 10% Jan. 29 6 14% Jan. 17% Jan. 22 14 99 25 3.120 Phlla Dairy Prod pref Phila Elec of Pa $5 pref.....* 25 95,100 Phila Elec Pow pref. 26.950 20 713 1,200 3,400 26,389 37.683 Wire Phila Rapid Transit "1:566 28.325 1,100 50 7% preferred 50 3.200 Phlla Rapid Transit Phila 4k ▼ —— — 15 15 ... 46 57% 3 65 Sale 66 Sale Jan. 6 2% Jan. 14 2% Jan. 2% 1% 2 3 X 2X Sale 6 3 Jan. 30 Jan. Jan. 5 2 68 17% Jan. 35 Jan. 1 89 QQ "75"" 6% 57 % Sale Sale Sale 24% 36 2X 18% Sale Sale 68 68 2 3% Sale Reading Coal 4k Iron Western 200 rn 30 Sale 50 74 65 Sale 92 30 93% Sale 28% 29% 33 ~~I% "2X 90 102*4 5 400 Certificates 28,400 Reliance 26 """337 27 21 ■ 23 82 565 700 10 5,100 104,706 200 2,000 81,000 5,270,635 65,631 800 600 643,321 90,055 680 50 370 ""loo """166 * 1,200 §5 Jan. 15 37% Dec. 21 1% Nov. 12 28 June 5 Jan. 9 16 7 340 x % 74 4 28 96% Jan. 30% Jan. Jan. 19 28 3% Jan. 2 28 30 4% 15% 5% Sale 2 13 Jan. "3% 3 Jan. 5 24 3% 28 27 Jan. 4 Preferred — Sale 1 3'/* Sale 1 Jan. 31% Jan. 31 2 Sale 1% 3 ""4 4% 3 36% 48% 1X X 3X IX Sale IX 1% 44 1-16 X Sale Sale 2 3 32 Sale • 38% 19 21 3 Jan. 15 10 18 ""4% Janri4 28% Jan. 20 5% 2% 30 3% % — 2 5% Jan. 4 31% Jan. 3% Jan. Jan. 8 1 8 43% 30 4 22 —.2 35 50 1-16 X Sale 40 36% Jan. 4 40 Jan. 9 21X Sale 15 X 91 7 91 Jan. 7 new..* new Common class B * * * "27 X Sale" 100x 101 60 65 1% Sale 3 40 % % 1-16 % 1 % Jan. % Jan. 2% Jan. 32% Jan. 7 25 6 11 Jan. 4 1-16 Jan. "18% Sale" 88% 86 5 90 60 4 3 Jan. Jan. Jan. Jan. Jan. 5 6 5 26 21 Jan. 25 Jan. Jan. 15 2 8 6 Jan. 4 % Jan. % Jan. 8 14% 14% 17% 89% 59% Jan. Jan. 14 8 7 17% 14% 20% 92% Jan. Jan . Jan. Jan. 29 2 15 15 60 7 Jan. Jan. 4 25 80 90 2 Sale 1% % 3% 35% 6 7-16 Jan. 7 17% Sale 50 10 4 60 59% 5 60 8 8% Preferred 1st preferred 4X Sale 27% "30" "5"" Sale" "4% "5"" 96 Jan. II 3% Jan. 4% Jan. 9 29 Jan. 7 Jan. II 3% Jan. 5% Jan. 9 7 Jan. 13 Sale 43 16 32 35 55 I 20 56 46 11 12 60 14 Jan.l 9 Jan. 27 27% Feb. 27 55 Feb. 27 2 Nov. 27 45% Aug. 25 26% Jan. 28 % Mar. 17 59% July 9 13% Jan. 12 13% Jan. 6 89% May 15 89% July 11 81 Mar. 6 8% Feb. 10 64 Feb. 10 81 % Feb. 3 2% Jan. 22 28 June 5 Apr. 24 17 95 18 '.06% July 9 14 34% Sept. 9 Jan. 7 133% Sept. 17 45% Jan. 13 Dec. 16 27% May 18 Dec. 15 Dec. 16 38% May 18 5% Dec. 2 Dec. 7 12% Mar. 23 Dec. 17 Dec. 18 41% May 16 39% Feb. 25 Dec. 11 1 % Jan. 28 Oct. 17 5 Dec. 29 Dec. 31 % Dec. 29 Dec. 29 5 Feb. 26 Dec. 11 Dec. 2 61 % Sept. 22 Dec. 7 Dec. 7 30 7*4 Feo. 28 Dec. 14 90 88 61 7 85 9 90 Jan. 80 Sale 14% Sale 18% Sale 46% Jan. 20 Sept. 18 5 Mar. 31 12 Jan. 25 43 Jan. 6 46 36 95 2% 23% % X X 43 July 30 21H Feb. 10 50% Apr. 27 Dec. 21 July 8 Dec. 18 106 Feb. 10 92% Sept. 18 5% Feb. 25 1 Dec. 9 5 Feb. 26 % Aug. 21 38% 7 York Rys pref 28 Jan. 6% Jan. % 30 6X 1 U S Dairy Prod class A Ex-dividend. 30 —— Certificates of deposit ' Wo par value, 3% 24% Sale 3 X 25 Second 50 preferred 19,400 Victory Insurance Co 4,800 Victory Park Land Impt... .* 16,505 Warner Company.. Preferred 713 50 19,565 W Jersey 8c Seashore RR 1 Sale Sale Sale 13 2 1 Union Traction 5 Feb. 27 Jan. 23 65 Dec. 88 % Dec. 27 % Dec. Jan. 90 74 2,500 Westmoreland Coal.... 4,130 Westmoreland Corp < ' 3X Preferred United Gas Impt com 21 Oct. 69 Dec. 4 1 % Dec. 17 16% Dec. 17 129 28 Sale 45% 32,900 Tono-BeJmont Devel 40,200 Tonopali Mining 600 23 8 17 3 14 14 23 36 of Utilities Corp 93.611 Sentry Sufety Control 100 Jan. Apr. Mar. Dec. Aug. 3 Aug. 85% Jan. 42% 23% % 48% 1% 9 Sale "8% "_8% "~3X 32 6% Jan. 20 1% Oct. 27 9% Dec. 16 5 Dec. 9 23% 39,825 Shreve El Dorado Pipe L 9,240 rncony-I'almyra Bridge 1,960 Telephone Security Corp 500 Jan. Oct. 6 May 20 Dec. 18 Dec. 18 5 91% Jan. 28% Jan. 65 — 195,113 Seaboard 600 < 90X 28 X Sale 20 50 Insurance i« 65% Mar. 24 2% Mar. 20 17 Sept. 2 11 Mar. 10 15 Sept. 21 5 June 18 Jan. 2 2% Dec. 3 25 Mar. 19 104 Oct. 15 182 23 Dec. 11 44% Apr. 14 Sept.11 100 Jan. 20 141 20 Dec. 15 63% Mar. 11 29% % 5% % 5 ... 2,967 Scott Pater 7% A 260 57 6% preferred 20 65 Sale 21X Dec. 17 9% Dec. 15 45% Apr. 30 45% Apr. 30 1 % Dec. 16 3 May 14 27% Nov. 6 37 21 26 2 92 Sale 32 X 11 deposit.... 119.975 Railroad Shares Corp 290 Reading RR. 19 Reading RR 1st pref """569 * . 50 Ry pref 51 13 June 12 105 Jan. Certificates Phlla St 600 Phlla-We«t< 2 14 3% Jan. 22% Jan. t c 52.271 Philadelphia Traction.. 2,700 1,000 Oct. Feb. r2 16 29 23 22 Aug. 21 7% Mar. 17 5% Feb. 24 2% Dec. 21 70 24 X 42 52 Phila Germ & Norris RR...50 Phila Insulated 2% Oct. 9 2 Nov. 25 ..... 500 Philadelphia Co 1,000 3,900 Dec. 18 Dec. 22 25 Nov. 27 Dec. 30 120 Jan. 21 % Jan. 53% Feb. 16% Jan. 48% Mar. 2% Dec. 26 Sale 4,215 Penna Salt Manufacturing.. Penn Traffic 6 26 32 115 26% "50" Sale" 56% Jan. 37% Jan. 14% Jan. 24 29% 17 ..... 23 % 20 30 "I 2 7% Jx 105 39 7% Jan. IX 8 7X 6X 35 1% 20% 2X 26 X Sale Sale 150 Jan. 12 46 46 X 50% Sale 1*4 Sale 14% 16 24 36 38 Sale 37 10 13 X ... 300 1,093 10% Jan. 4 111% Jan. 6 15 46 13 Preferred. 42,500 5 Jan. 35 100 15% 11% 51 43 24 ;...j 770 Northern Central RR 140 Northern Pennsylvania Ry_. 820 Penn Cent L & P cum pref..* 559,440 Pennroad Corp... 50 541,789 Pennsylvania RR 39.200 Jan. 106 7% Sale 3% 44% 100 Manufactured Rubber Co 545 Minehill & Schuylkill Hav_50 "1*166 10 3 39 42 18 100 83.700 Insurance Co "lO",600 41X 17% 43% ~~2% Sale" Airport 26,773 Empire Corp 2,900 114 5% 2% 46 26,568 Electric Storage Battery..100 70 2 2 5 29 " 2,061 Commonwealth Cas Co....10 100 1,687 Consol Traction of N J "3",loo Sale Second preferred 13.200 Central 908 110 A1! 2X 20 Preferred 184 Catawissa 1st preferred 20 Sale 9 •' """900 Sale 7 Preferred Budd Wheel Co 1 Sale 106 108 5% 6 9X ~16% Sale" 100 lnc 5 40 2 bell Tell Co of Pa pref Bornot Jaiu 9% Jan. 33% 38 37 Securities pref„.___ 50 3,250 Cambria Iron... 24,325 Camden Fire Insurance..... 1,900 % X Han-vers Securities Corp Bankers 515 240 % Feb. 29% Jan. 16% Jan. • Secur With warrants...... 100 " Par _. Amer Foreign 5 10% 5 10 40 20 40 46 55 1% Jan. 30 7 14 Oct. 17 % Mar. 25 Oct. 1-16 Jan. 3-16 Aug. 6 22 7 7% Aug. 21 Aug. 4 2 Mar. 10 8 Mar. 19 % Apr 2 % Sept. 28 50 12% Dec. 17 31% May 18 17% Oct. 6 24% June 24 15% Dec. 15 37 % Mar. 17 84 Dec. 18 106% Aug. 19 Sept. 2 58% May 20 64 15 Feb 14 5% Nov. 24 90 Oct. 14 90 Oct. 14 Oct. 1 80 Oct. 6 92 Oct. 6 90 Oct. 6 90 7% Feb, 8 1 Dec. 28 4% Feb. 6 4 May 5 32% Feb. 11 3 % Dec.' 17 97 Feb. 13 90 Aug. 26 62 May 19 45 Dec. 31 12 Feb. 4 9 % Dec. 22 10% Dec. 23 16% Mar. 23 Jan."; 2€ 32 June 4 34 RANGE OF PRICES ON BOSTON STOCK EXCHANGE Stock Sales. 1932. January 1931. 628,156 .Shares 659,414 1930. 1931. Jan. 1 to Dec. 31....- 15,251,177 9,009,747 AGGREGATE SALES 12 Months January. 1931. $ 14,000 1,000 12,000 20,000 17.000 """700 1,000 1931. BONDS 5,000 55,300 170.000 15,800 1,000 1,000 1,000 1931. 1st mtge 64s ser B 1951 Chic Jet Ry * U S Yds 4s_1940 5s 1940 Bid. 71 Ask 75 Jan. Bid. 50 2. Ask 65 544 554 48 52 80 Jan. 30. Bid. 60 43 —— 42 92 61 93 j 90 90 3003 66 76 25 28 Dallas Ry & Term 6s Sale Lowest. 51 Jan, 5 95 ..... Sale Prices. 60 Jan. 25 45 50 63 88 92 23 21 20 20 30 .... 84 Jan. 25 84 Jan. 25 92 Jan. 95 Jan. 21 14 .... 5 24 Jan. 4 24 Jan. 4 30 454 814 774 494 Jan. 4 494 Jan. 4 Jan. 5 96 Jan. Nat Hun Ind 8c Mtg In 7s 1948 New End Power Assoc 5s New Engl Tel Ik Tel 5t...l932 li Pwuhuriluk drh ?» 844 824 934 934 15 80 30 25 IV.4* 91 74s 994 1664 994 Jan. 13 1004 Jan. 106 119 80 85 80. 90 85 Jan. 14 85 Jan. 14 99 88 Jan. 19 99 Jan. 19 814 5,444 Preferred — — — Sale First preferred.........100 1734 Sale 724 Second preferred.......100 85 Boston 8c Maine Pref Glass G 1st preferred 100 Glass D 1st preferred...100 15,749 Boat 8c Maine prior pf stpd 100 Ser A 1st pref stamped..100 3.311 994 100 1174 Sale 76 Sale 1224 734 Sale 15 93 Chic Jet Ry 8c U S Y Com. 100 First preferred.........100 Preferred B__ 100 19,203 a Sale 46 12 15 100 Sale 51 16 58 40 20 --- IIHI 105" 65c-— 5 6 10 8 i4 2 63 —84 754 Sale —... 58 1* Jan. 21 Jan. 16 35 Jan. Jan. 85 Jan. 19 June 19 Jan. 12 Dec. 21 12 Dec. 18 9 Mar. Oct. 14 Jan. 28 Dec. 31 Ex-dividend. 16 157" 1304 5 24 75c 75c ..... 14 18 Dec. 107 12 Jan. 5 26 Jan. 15 12 Dec. 75 86 95 Jan. 24 Jan. 7 24 Jan. 7 Jan. 14 32 Jan. 14 Jan. 14 50 Jan. 5 Jan. 19 130 Jan. 204 90 Jan. 9 90 Jan. 9 1 Jan. 21 Jan. 21 Jan. 22 Jan. 22 Feb. Jan. 21 Feb. Jan. Feb. 24 27 954 Sept. 145 20 3 Feb. 5 Mar. 17 Nov. 182 Mar. Apr. 155 Mar. Dec. 3 1064 May 28 Jan. 103 Jan. 14 Aug. 14 Mar. 24 19 89 W IS Sept. 115 103 Oct. 2 Oct. 9 3 15 14 Jan. 13 65 274 Sale 174 Jan. 5 Jan. 19 304 Jan. 15 75 Jan. 19 10 Jan. 4 Jan. 10 10 63 Mar. - 80 Jan. Dec. 234 Nov. 1 17 30 194 45 5 5] 2} 112 Jan. 15 153 94 105 Jan. 62 32 40 June 11 June 11 1044 Aug. 17 Jan. 26 60 324 Aug. 21 714 Mar. 12 4 110 ..... Dec. 864 Jan. 102 113 Jan. 153 51c 50 7 16 Apr. Dec. Dec. Mar. 10 185 3 954 July 46 75 t 15 130 33 55 153 100 Preferred. Assessment paid, 1084 Dec. 112 94 Adjustment 100 Maine Central...........100 Preferred 10 100 No par value, 168 Jan. 12 57 Preferred 170 Conn 8c Pass River pref 100 1,558 East Mass St Ry Co.......100 50 98 22 5 13 ..... 1374 70 8 Jan. 35 40 Jan. 10 12 1374 Sale 100 69 104 99 82 1044 Sale 609 Boston 8c Providence—...100 Jan. 14 1084 Jan. 5 130 734 Jan. 30 764 Jan. 2 90 Ser B 1st pref stamped..100 4,518 1 24 Dec. 28 25 994 103 Common stamped Series A 1st pref unstpd .... • 194 Dec. 604 Dec. 31 Dec. 88 Ser G 1st pref stamped..100 Ser D 1st pref stamped..100 - 2 19 10 Jan. 64 Apr. 764 Apr. 984 Jan. 164 — Mar. Oct. 66 4 Jan. 35 Dec. 18 67 Mar. 9 97 994 Oct. 14 99 4 994 Dec. 17 101 H 614 614 Dec. 31 83 804 160 115 67 97 264 ------ Jan.'- 994 Dec. 24 Dec. 29 99 —100 ..... 21,283 3,689 2,780 5,416 2,489 25 384 Dec. 31 25 10 35 Jan. 85 Feb. 16 25 25 8 1024 8ept. 1 Feb. 19 92 Oct. Jan. Dec. Dec. Dec. 69 994 1024 88 17 16 20 14 10 38 4 Dec. 85 Dec. 664 194 24 604 25 205 Oct. Feb. 35 60 4 106 69 '• 100 92 2 934 June Aug. 101 4 July 434 Dec. 1044 Sept. 804 Mar. par Boston 8c Albany..100 Boston Elevated......... 100 8,108 ------ Aug. 25 Apr. 13 26 25 Feb. 1944 STOCKS 1,233 14 16 23 Dec. 87 I664 Sale' Dec. 21 6 102 44 94 —1937 .... .. 8 Jan. 24 Dec. 29 Without warrants 20.000 10,000 Wash 8c Sub Co 54s 1941 10.000 West End St Ry 4s... 1932 ' 309,000 Western Tel A Te» *« ••''"VL 101 2.000 Winchester Arms 74s ctfs 4ln, 24 474 Dec. 16 32 Apr. 92 40 82 1004 101 28 754 June 16 444 Dec. 29 7 100 1014 July 434 Dec. Second Internat Sec 5s.. 1948 Warner Bros Pict 6s 5^4 8 98 10,000 Walworth Mffi Co 6 4s. .1935 811 June Dec. 100 1977 Klver Power Co Swift 8r Co 5s 1944 10.000 Texas Power 8c Light 5s_.195h 458 Mar. 14 Jan. 984 June 23 824 Mar. 6 90 1962 25 79 92 Jan. 5.000 Southern Pacific 4^8...1981 10 28 Dec. 21 Jan. 75 75 67 Paramount Publix 54S--1930 ------ Jan. Mar. 16 44 Dec. 22 34 Dec. 29 16 NY State Rys 44« "• 20 99 1934 935 Dec. 21 44 Dec. 22 34 Dec. 29 464 Dec. 11 7 2 Mar. 16 Feb. 28 5 New River 5s >170 321 Mar. 16 52 48 984 Feb. 1951 15 Jan. 44 70 ...1947 1.000 Sayer 8c Fisher 6s. 1959 8,000 Seaboard Air Line 4s 130 35 Sept. 28 204 Dec. 29 28 10.000 Power Gas-Water Sec 5s. 1948 10.000 Ruhr Chemical Corp 6s.. 1946 ------ Feb. June 29 Dec. 30 5,000 ' 72 34 Jan. 9,000 ------ 7 Dec. 29 Dec. 18 16 6.000 ------ Feb. 444 Dec. 29 434 Dec. 29 1955 7,896 9 Dec. 29 Dec. 29 27 6,000 Mass Gas Co 5s 1,000 Missouri Pacific 5s 69.429 Jan. 1955 ..1931 2 28 5 §9" :::: Shares Dec. Aug. 12 July J93X 8.500 Miss 657 3.414 39 Oct. 9 944 May 13 18 20 984 June 23 824 Mar. 6 96 67.200 Mass G«» Share* 9 90 Dec. 2 Nov. 30 954 Dec. 29 104 35 214 May 11 84 Dec. 29 84 14 14 Dec. 29 90 90 90 92 40 99?*-... 500 Sevilla-Biltmore 20 97 Mar. 16 764 Mar. 25 674 Aug. 17 66 July 14 48 25 Match.... 1941 . 1,000 Oct. Prices. Mar. 26 27 Jan. 204 Jan. 22 204 Jan. 14 20 Illinois Steel 44s 1940 Interboro Tran 5s unstpd '66 Inter Hydro-El Syst 6S..1944 77,500 Oct. 81 354 Dec. 16 97 4 Aug. 4 72 174 Jan.- 5 20 21 20 139b Income 5s. ....19.14 48,000 28.000 Maine Central Ry 4^1—1935 1.000 Mar. 16 944 May 13 42 20 15.000 Kan City Mem 8c Blrm 4s. 1934 161.100 18 97 39 754 16,000 18.000 7,000 Dec. 46 1940 Internat Paper 6s Iowa (Jeotrai Ry 5s 56 Sale Prices 46 24 79 International Sale 20 324 "57" ..... .... 1,000 General Theatre 6s 51,000 Hood Rubber 7s Highest. Lowest. Highest Sale Prices. 354 Dec. 16 974 Aug. 4 69 Sept.16 55 Nov. 7 80 174 5.000 Series E 448 1981 1,000Hungarian Disc 8c Ex Bk 7«'63 3.000 Ask. Chic Milw & St P adj 5s,2000 Cincinnati Gas 6s 1948 Crown Cork & Seal 6s.-.1947 5,000 Houston Lt 8c Pow 4,^8.197* 31,000 RANGE FOR YEAR 1931. 39 1951 25,000 1,000 3,000 37,000 3,000 5,599,376 2 424.000 East Mass StRR ser A 44« 1948 138.650 Series B 5s 1948 22,000 Series C 6s 1948 29,000 Series D 6s 1948 3,000 Series E 6s 1948 5.000 Flak Rubber 8% 1941 3.000 Fla East Coast Ry 5s A--1974 r.000 1930. 3,196,150 PRICES IN JANUARY. 29.000 Boston & Maine 44s 1944 19,000 Brown Co 54s 1946 2.000 54s 1950 7,000 Canad'n Intl Paper Co 6s.1949 Central Manhattan Prop Sec 1,000 5s..... 1946 1,000 Central Power & Light 5s 1956 $334,100 $118,450 Price Jan. $ 662,000 Amoskeag Mftf Co *• 1948 1,000 Baltimore & Ohio 448—1960 5.000 Boston Elevated 4> „_1935 1931. 1932. - Jan. 1 to Dec. 31-.- BOSTON STOCK EXCHANGE In Bond Sales. January 80 May 26 75c May May 164 Dec. 14 564 Dec. 31 3 924 Feb. 25 564 Dec. 31 January. STOCKS 2.800 Old Colony 91.246 Pennsylvania RR 141 6,518 YEAR 1931. 2 Ask 57 34 300 Providence 8c Worcester.. 100 Sale Jan. 17X Jan. 87 21X Sale 18% Sale ' 6 100 4 2334 Jan. Jan. Dec. Dec. 85 Jan. 22 100 110 Highest, Sale Prices. Prices. 28 113 19 142 17 140 Apr. 22 Feb. 14 Mar. 1 16J4 Dec. 17 6834 Feb. 19 125 Dec. 28 18134 Apr. 16 110 Dec. 9 122 Feb. 16 12 110 130 175 105 670 Vermont & Massachusetts 100 90 89 86 Lowest. Sale 108 100 110 100 95 100 135 130 Highest. Sale Prices. 93 98 130 100 50 Lowest. Ask. Ask. Bid. Bid. Sale Prices. Jan. 30. 2. Jan. 1931. Bid. Shares. 163 Northern New Hampshire 100 411 Norwich 6c Worcester pf.100 Shares. RANGE FOR Price Jan. 12 Months 1931. In PRICES IN JANUARY. BOSTON STOCK EXCHANGE AGGREGATE SALES, EXCHANGE STOCK BOSTON 66 MISCELLANEOUS— 351 1,787 865 - American Founders 18,951 22,286 5.326 5,054 837 890 ""573 365 130 2,331 524 978 2,470 511 165 7 44 65c 9 39 IX 666 Preferred^ 15 178 X Sale 4 3 Dec. Dec. 11 44 1 Preferred ........ 70 Jan. 70 Jan. Jan. 10341 Jan. 9% Jan. Dec. 8 64 9X Sale 9 134 6834 10 X Sale 8 8% 1X Jan. 8 Jan. IX 1% '*!x 1 "IK IX 7% 736 com ¥ 3 Jan. 2X 8% 5 Dec. 6024 Sale 68 63 68 Sale 1% Jan. IX Jan. 7% Jan. 58 Jan. 1634 Mar. 14 2834 Mar. 20 Jan. 19 50 Dec. Sept. Jan. Nov. June 10 2734 Mar. 20 9 3 Dec. 95 Dec. Jan. Oct. Jan. 36 35 39 82 85 81 92 82 Dec. 2.004 2.005 Feb. 2,760 Economy Grocery Stores ♦ 32,583 Edison Elec Illumination. 100 30,205 Employers' Group Assoc T C. 1524 1 Preferred.. .........100 750 General Alloys Co 32,907 General Capital Corp 30 525 German Credit Inv 1st pref.. 331 2,998 50 7X Jan. Jan. 1534 180 4 192 Jan. 1634 15 Jan. Dec. Jan. Dec. 15" 8 10 20c 434 Jan. Sale 15 - Jan. 25 Jan. 19 12 "8" 5 4 10 8 1 Sept. 23 834 Jan. 21 Apr. 16 934 Oct. 5 6134 Dec 5 2 Aug. 19 8 Sale 12 12 5 Sale Jan. 6 10% Jan. 5 534 Jan. 8 1434 Jan. 14 2:,^,Jan. 12 5 2% Jan. 14 5 5 Preferred 990 Greenfield Tap 8c Die 25 480 Greif Bros Coopge cl A com.* 21 30 3434 3734 6 Class B 15 Preferred 9,278 1,665 90 X 27 Dec. 17 Nov. 2 13 1 736 424 1 13 Dec. 9 5c 5c 20 July Jan. 9 1 Sale 18 10 8 21X Sale 16X Sale Sale Jan. 15 30c 30c "E x 798 Hathaway Bakeries class A 129 7 334 9 ... 135 Sale 5c Sale 17 2 390 Georgian, Inc (The) common Class A preferred 2,291 20 1,808 Gilchrist Corp 63,289 Gillette Safety Razor Co.. * 182 ... ix ..... 1,620 15X Sale 8 Galveston Houston El Pr— Common 1,273 3,248 16% 190 6 Jan. 21 2734 Feb. 24 46 July 3 104 Aug. 20 6 334 Feb. 2234 Feb. 24 9 26634 Feb. .... """160 8 8934 Sept. Dec. 31 9 3 Mar. 8 Dec. 134 Jan. 234 Jan. Jan. ♦ 8X 24 Jan. First preferred.. .....100 110 East Util Inv Corp cl A Sale 3 Fen. Aug. 27 Mar. 17 60 7 34 7 Jan. 21* 66 Dec. June 60 2 62 64 100 .... 534 Mar. 26 Aug. 3 35 85 Dec. 2X Jan. 13 2 13 Mar. 26 14 Dec. Sept. 2 X Sale Eastern SS Lines, Inc new... Preferred Dec. Dec. ... ... Jan. 1834 Jan. 100 434% preferred 6% preferred 4 Jan. 16 15 Feb. Mar. 12 7 20134 Feb. 26 Dec. 14 av* 8X Crown Cork Internat Corp.. East Boston Land.. 10 Eastern Gas & Fuel Assn Jan. Jan. ¥ ...100 125 107 116% Sale 111% Sale 4 3 3X 4X 336 IX 3 Sale June 24 Feb. 11 Feb. 20 Dec. Dec. Jan. 3 Sept. 12,359 Boston Personal Prop Trust.. 6,139 Brown Ac Co pref 2,765 Brown & Durrel Co common. 29,217 Columbia Graphophone..... 1,923 Continental Securities Corp 11,348 10,071 30,688 12,215 21,386 47.586 2.327 2,038 Feb. 20 Nov. 2% Jan. 134 Jan. IX Jan. Jan. IX Jan. 75c 22 75c 2X 2 22 15 m ......... 10 "595 234 Sale 50 Sale 1 75c 10 50 269,679 Amer Telep Ac Teleg ..100 33,080 Amoskeag Mfg Co « 15,103 Aviation Sec of New Engl..__ 13,696 Blgelow-Sanford Carpet... * 10 810 210 9 First preferred... 2d preferred 46 1% Sale 3H Sale Preferred v 31,952 Corp.... Continental Corp... Amer Pneumatic Service...25 Amer 8c 7 Feb. 28 May 25 Jan. 18 Feb. 27 Feb. 25 May 9 3 Feb. 10 13 July 28 734 Mar. 3 3834 May 11 5134 Dec. 5 6 Jan. 5 21 Jan. 17 534 1034 3834 1824 14 4% 6 Sale Jan. 6 34 6 June 15 Dec. 11 85 Jan. 23 5 5 July 22 96 19 Jan. 5 Dec. 18 3034 Sept. 17 90 Mar. 10 7 86 86 95 Dec. 27 25 24 Feb. 2 1534 Jan. 2 Jan. 28 Hygrade-Sylvanla Lamp— 340 33 Com stk 4,601 869 tr ctfs 21 % Sale 80 19 ... Preferred 75 Jan. 25 73X Jan. 5 20 2434 Jan. 7534 Jan. 70 Internat Button Hole Sew¬ 100 2", 450 7,469 182 2,229 8,276 8,915 1,090 1,159 8,071 118,728 10,364 8 160 Libby McNeil Llbby Loew's Mass Util Associates 3,523 40,289 1,640 '3" "3% 8 9 Sale 836 9 2 14 9 Jan. 2 134 Jan. 7 734 Jan. .... 53 25c 50c 20c 1 50c 15 75c. Sale 16% 334 Sale Corp... 75 100 50c 5 50 Jan. 4 53 Jan. 9 24 15 Jan. Jan. 15 9 Jan. 5c Jan. 18 Jan. 6 Jan. 18 2,990 2,964 36.587 3,226 1 14 5634 Jan. 5% Sale England Tel 8c Tel 100 20 250 '"580 80 4,139 Pacific Mills Public Utility ..100 Holding com.. Reece Folding Mach 4,351 2,729 645 3",794 7,500 897 2 10c 8 1 17 9 H Sale 14 Sale 29 10% Sale 18 % Sale _• 43 Sale 31 Corp com 5 United Carr Fasten United Founders Corp com Corp com.. United Shoe Mach Corp Preferred.. 25 .25 U S & Brit Inv Co 6 fi 45c 8% X 13 X 17 7% Jan. 65c Jan. 12 % Jan. 65c Jan. Jan. 2 Jan. 26 Jan. 20 1 634 Jan. 5 Jan. 6 934 Jan. 6 7,549 U S Elec Power Corp .... ♦ U S & Internat'l Sec Corp— Common 230 6% Sale 7 20 Sale 18 18X 3034 Sale 75c 20c 25c 20c 13 11 18 Jan. 5 30 Jan. 4 32 Jan. 13 4 3 1% Sale 34 3434 3134 165 8,294 50 1,726 10 450 Corp 334 Dec. 20c May 10 Jan. 5 1% Sale 36X Sale 134 3334 Jan. Jan. 5 4 40 31% 31 Jan. 4 234 Jan. 18 Jan. 9 Jan. dlv priority stk allot ctfs.. 12 334 Sept. 134 Dec. 31 3,262 79,019 r"25 55 643 Prior preferred 1st preferred 60 'ioo * Mining 300 Helvetia 445 Island Creek Coal 10 160 337 Sale Sale Sale 25c x 40 43 40 35c 2 22% 20 X 40 90 1836 5 . —. 97 28 15c 21 % 25c 25c Jan. 15 95c 25c 19 X 1534 16% Jan. 9 Jan. 19 Sale 5 10 20 Jan. 28 234 Jan. 19 IX 1X 8% Sale 4% Sale Jan. 6 Jan. 2 5 Jan. 2 334 Jan. 5 634 Jan. 14 Jan. 7 1834 Jan. 9 1434 5 1634 Jan. 22 16 4% Sale 40 Dec. 22 78 134 Dec. 17 Dec. 18 50c Oct. 6 6 20 634 Sale 134 Sale 50c 27 4% 1 50c Jan. 7 15 Jan. 18 15 35 13 8 10 10c 15c 15c 2c 5c 10c 2% 3% 234 334 2% Jan. 5 334 Jan. 11 IX Sale 2 1 3 ~2X 3 134 Jan. 2 334 Jan. 2] 27 24 18 24 Dec. 28 Nov. June Dec. Mar. Oct. Aug. Oct, Dec. Dec. IX Dec. Feb. Sept. 3 17 50 90 Apr. 18 Feb 5 Apr. 10 Jan. 9 Aug. 19 Jan. 10 Jan. 5 Jan. 17 4534 Mar. 2 15 Sept. 28 4154 Jan. 20 2734 May 23 15c Jan. 10 20 May 6 10c. Oct. 21 35c Mar. 17 136 1134 234 834 Feb. 18 Feb. 20 Jan. 31 Feb. 24 7c 2 Feb. 11 50c 30c 1 Feb. 13 10c 25c 5c 16 18% 50c 50c 28 14 * 16 —- 95 107 5% 17 2 1 Nov. 7 Dec. 10 Oct. 6 334 Dec. 14 10c 1 IX 90c 12 834 10c 105 1734 Oct. 75c 18 70 6 15 18 3 ....... 1 334 Sept. 24 Feb. 4 4 4 30c 50 1634 70 22 25 . Dec. Feb. Feb. 46 50c 95c 50 20 50c 5c Preferred Ex-dividend. 25c 23 14 .... 13,822 Isle Royal Copper. .25 3,315 £eewenaw Copper........ .25 5,520 LaSalle Copper...........25 No par value, 134 40 64 18 ... 218,242 Copper Range Co 25 17,667 East Butte Copper Mining 10 2,465 Hancock Consol Mining Co.. --V- 6 ' 40 16,159 Arizona Commercial.......5 25 10,263 Calumet 8c Hecla 2,405 Jan. 18 11 2 ' 27 ; 5,197 Westfield Mfg Co can stock.. 1,210 Whlttelsey Mfg Co class A... Clitf 134 38 MINING— 100 Adventure Cons Copper Co. 11,866 Arcadian Cons Mining Co... 3", 595 IX .........50 Conv preferred 325 Wilson & Jones 296 134 1 1 IX 2 100 100 Warren Bros Jan. 3634 Mar. IX 434 Sale 234 * Jan. 3 11 3 21 5 9 3 13 2 3234 May 18 3 Jan. 2 41 Jan. 7 8 Mar. 2 3334 Dec. Sale Common 371 Waltham Watch class B Preferred 882 Oct. 11 3734 Jan. 27 13 <5.50 3,470 Venezuela Holding Corp.... 3,425 Venezuelan Mex Oil Corp._10 3,284 Waldorf System Inc ...» 173 1,382 Equities Dec. Oct. 17 28 8 3 —-■ 16 Feb. 25 Jan. 5434 Mar. 3034 Jan. 47 Feb. 734 Jan. 134 Jan. 30 Feb. 534 Jan. 1034 Mar. 58 Jan. 534 Dec. July 934 Dec. 25c 12. 30 Preferred. Utility Mar. 25 734 Feb. 25 Sept 4 Feb. 21 50 1534 Feb. 28 134 Feb. 28 35c 10 1434 Jan. 13 18% Jan. 12 Sale 1 ........ 4 Apr. 15 134 Jan. 14 Oct. Dec. 21 Jan. 26 8 1 30 25 Dec. 12 834 Jan. 21 Apr. 13 334 Jan. 2 Jan. 21 90 May 7 9334 Apr. 27 75 Sept. 1 85c 25c 1234cDec. 19 834 Sale 1 IX 10 Aug, 22 1034 Mar. 26 Mar. 19 8 Dec. Dec. 15c 12 X Jan. 15 Feb. 2134 Mar. 734 Dec. Jan. 20 11 5 Jan. 28 2934 July 23 89 143 Dec. 95 5c 5c — 18% 4% 6X Sale 57 X Sale 31 Sale 3 com Jan. 10c Sale 42 X 28 % Tower Mfg Union Twist Drill 116 40 20 ..... Jan. 102 350 (J S Brit Inv Co $3 pf allot ctf 110 1 534 Dec. 14 1134 Nov. 25 3034 Mar. 10 6 Apr. 1 40 May 8 1334 Feb. 21 10 Sept. 4 / 6% Sale Sale 25 Swift 8c Co Tor ring ton Co Trl Continental Jan. 5c 8X % Sale 17 63i Sale 1534 13 X Ice Co Common.. Stone & Webster Inc cap stk 9 334 Oct. 7 May ..... 10 Assn T C 534 Jan. 4% 15c 60c. Sale 107 Railway & Light Secur Co..* Reece Button Hole Mach..l0 67,486 Shawmut 74,524 23,977 17,510 1,275 17,418 6,805 1,214 73,243 136,203 16,065 1,000 Sale 6% Sale 10634 Sale Warrants 50 So N Engl 4",667 130 434 598 Northern Texas Electric..100 Preferred... ; 1,612 ...100 42,312 2,100 2,580 1,407 4,717 2,475 Dec. 30 Sept. England Public Service No American Aviation Inc. 105 North & South Amer Co... 935 19 57 75 New New Oct. 2 June 13 Dec. 21 20c 1 18 Jan. 18 % Jan. 19 5c 1 IVA 80 234 Dec. 18 2 Sept. 29 5234 Dec. 23 10 Feb. 2 2% Jan. 13 5J4% preferred New 201 Oct. 30 Nov. 13 Nov. 28 6 IX Jan. 251 New Eng G Ac El Co class A 9 Dec. 2 15 3X 4 7X 2% Sale 5034 51 24 Sale 2 87 100 Preferred 354 Jan. Jan. Sale 15 75 10 v t c National Leather.... 10 Nat 8erv!ce Co com shs tr ctfs New Engl Equity 10 1 9 25 ... 9 11 "lM "IX 234 Sale 10 Theatres 9 734 Kidder Peabody accept clA pf Mergenthaler Linotype 220 Mullins Mfg Co 10 545 ing Machine Co 10 Internat Hydro Eiec Sys cl A Jenkins Television Corp com IX IX 8i* wIh 65c Jan. Jan. 134 Jan. 13 15 Jan. 13 8 85 Jan. 8 18 95 234 Jan. 25 1 12 75c 85c 80c 40c 15 85 40c 65c 40c Jan. 27 40c Jan. 27 7c June Oct. Oct. Dec. Nov. Dec. 15 Apr. 29 3034 Jan. 9 Feb. 3 634 Fob. 134 Jan. Feb. 95c 24 105 23 5 BOSTON VAQmEOATE In SALES, January. BOSTON STOCK EXCHANGE 12 Months 1931. Shares. Shares. 1931. Bid. Par. 18,541 Mohawk Jan. Ask. —25 15 10** 715 8,908 16,011 60,334 32,667 10,400 21,375 88,029 3,010 65 ""600 1,028 O jib way Mining Co........ Sale 5*4 Pocahontas Co Qulncy 25 St Mary's Mineral Land ...25 Shannon.. .......16 Utah Apex Mining.........5 Utah Metal Ac Tunnel. 40c Jan. 18 2 Jan. 14 11 Dec. 14 21 Feo. 24 6 Oct. 7 13** Feb. 21 lc Nov. 24 57c Feb. 9 59c Feb. 19 1 *4 Mar. 28 3*4 Feb. 24 54c 45c 45c 25c Sale Sale Bale 2 38c 5c 75c 35c 50c 40c Jan, 16 Jan. 9 75c 35c June Dec. 19 10 Feb. 13 "ij*"Jan"."il 90c Dec. 31 2 1% Jan. 11 6H Jan. 4 8% Jan. 14 2** Jan. 8 1 % Jan. 2 Jan. 20 Jan. 6 "5c" "25c" 50c 30c 28c 25c Jan. 50c 50c 1*4 8 2*4 6% Sept. 1 60c % Jan. 13 50c IH 7 Sale 26c Highest. Sale Prices. 11% Sale JA 10 Sale -.1 Lowest. Sale Prices. 5% 50c ib 7 8 Highest. Sale Prices. 1H Sale 15 1931. 4c ;VV 1*4 3 • YEAR Lowest. 17 16* 5* ""54c 50c Old Dominion Co.........25 PondCr 11% 5H RANGE FOR Sale Prices. Ask. 5c Preferred 286,994 100 775 16 Jan. 30. Ask. Bid. 57 5,080 Niplasing Mine*......... 5 North Butte............ 2.50 320 7,380 2. Bid. 10** 50 1 1 349 Nevada Consol Copper 210 Nevr River common 457 67 PRICES IN JANUARY. Price about Jan. 2 STOCKS. ■ 2,050 STOCK EXCHANGE *Jan. 4 55c Jan. 15 40c Apr. Jan. 22 Jan. 22 50c 15c Jan. 2 Feb. 17 29 Feb. 24 6% Dec. 14 1% Dec. 14 1*1 Dec. 16 5c 50c 25c 75c Sale 3 Jan. Mar. 2 June 25 1*4 Jan. 6 57c Feb. 28 _, 8 _ 30c Sept. 22 Oct 10 RANGE OF PRICES ON CLEVELAND STOCK EXCHANGE Stock Sales. 1932. Shares 38,584 1931. January Jail. 1 to Dec. 31 1931. 519,460 AGGREGATE SALES. January. ....— City Ice Dellv Gin 6*..—.1936 Cleve Ry 5s 1931 Bid. 100 N O T At L 4s Ask. 100 Cleveland Ry 5s 1933 Cleve S W RyAtLt GAtC5sl954 Lake Shore Elec Ry Gen5sl933 Jan, 2. Bid. Jan. 30. Ask, Bid. 8 — ... Lowest. Highest. Sale Prices. 1933 97 Sale Prices. ..... - 92 1 1I 1 • IV: » I 1 t 1 1 • 1 1 J 1931. Highest. Sale 99** Aug. 26 99** 99** Jan. 3 100 98 Sept. 14 100*4 5 2** Dec. 30 35 June 29 38*4 98 Feb. 7 98** 90 Jan. 30 92 98 86 YEAR Lowest. Sale Prices. Ask. 67 Steel At Tubes Inc. debs 6sl943 883,050 RANGE FOR Sale 4*4 1930. 222,250 PRICES IN JANUARY. 1931. % 1,500 15,000 148,000 15,800 3,000 6,000 32,950 1931. Price Jan. 2 BONDS 1930. $27,100 Jan. 1 to Dec. 31. CLEVELAND 12 Months 1931. 1931. January 779,056 STOCK EXCHANGE In Bond Sales. 36,126 1930. Prices. Aug. 26 Jan. 2 Mar. 16 Jan. 22 Feb. 18 May 19 Jan. IS • Shares. STOCKS Shares. Par. v 450 1,633 Aetna Rubber...—.-..—.-* 228 Air Way preferred ...100 620 Akron Rubber Reclaiming--* 5 Preferred .....100 8 1,613 1,198 100 Allen Industries.. 1*4 J.H. * 6 Allen Industries preferred..* 105 American Vitrified Prod 50 "155 3,717 Apex Electric..............* 55 Preferred B............100 25 146 Bessemer Limestone.—*««.—• 150 Bishop Ac Babcock. 50 2 Browing Crane pref 100 50 Brown Fence Ac Wire A pfd..* 270 B « ... 241 Bulkley Bldg preferred 540 Byers Machine A... 240 Canfield Oil 10 101 476 100 """793 1,543 16 13,768 1,400 1,020 Preferred Chase Brass Ac Cop pfd City ice Ac Fuel... Pref • 10 ._—.— 1,279 150 140 1,513 610 5,423 Cleveland At Sand Brew —100 230 582 325 200 Preferred 1,130 Cliffs Corporation 100 v t c _.* 370 Columbus Auto Parts pref ._* 1,514 Commercial Bookbinding...* 415 Cooper Bessemer Oil pref * 175 1*4 Jan. 3 14 Jan. 1 5*4 —. 2 *4 Jan. 7 10*4 Jan. 185 11,722 1,150 1,565 50 30 126 116 215 *""5 50 485 50 • Dow Chemical...... Preferred.. ...» 100 June May Sept. 20 May 1 Dec. 4** Dec. *4 Jan. 27 7 Jan. 6 Jan. 29 31 10 7*4 Jan. 5 6 Jan. 5 5 16 8 22 6 5 17 3 *4 18 Jan. 4 *4 Jan. 18 Jan. 40 ..... 25*4 28*4 90 27*4 75 4 25 7 50 47** 80 26*4 Sale 8 .... *4 75 24 80 Jan. 26 Jan. 4 68 Jan. 21 *4 Jan. 11 1 ** 25 35 27 Sale 100*4 103 102 Sale 65 95 15 — 68*4 3*4 6 30 80 Jan. 27** Jan. 67 14 *4 Jan. 43 41 1% 1534 41 40 1 14 Jan. Jan. 22 134 15 Jan. Jan. 21 Jan. 14 2 Dec. 28 Sept. 3 Mar. 12 Dec. 29 6*4 Dec. 30 19*4 Dec. 30 QQ Dec. 24 106*4 Oct. 20 55 Jan. 19 2* 3*4 Jan. 2*4 Jan. 26 9 Jan. 14 7H Jan. 5*4 Jan. 3*4 Jan. 11 18 33* 1234 12*4 7 7*4 4 3*4 Sale 12*4 7 5 13 4** 3*2 3*4 9*4 5*4 3*4 Sale 31 Sale 29*4 Jan. 99 99 100 99 Jan. 36 Sale 36 Jan. Jan. 3*4 Jan. 2 a* 'it* 12 6 40 14 11 18 4 Apr. 6 17 10 2 Dec. 10 5 4 234 June 63* Dec. 24 6 Jan. Jan. Jan. Jan. Jan. Jan. Jan. 22 195 13 ■ l 5 23 85 Dec. 16 'V Oct. 27 Dec. 31 84 Nov. 25 3 Sept. 22 19*4 June 11 Jan. 7 Dec. 30 Jan. 3 Aug. Feb. Apr. Mar. 2** Jan. i\H 13 Jan. 6 17 2 4 9 17 July 30 Mar. 14 Feb. 24 Mar. 4 Jan. 2 Feb. 19 20 Apr. 8 2*4 Dec. 17 Oct. 6 A1* Mar. 27 Dec. 17 1053* Jan. 12 Dec. 31 , Apr. 1 6*4 Dec. 30 22 Jan. 3 4 5 49 Jan. 1 14 3 34 V;.:AV 30 6 Apr. 16 Feb. 25 Apr. 21 2*4 Jan. 24 5** June 10 Jan. 43 3 63* 50 Sale 105 Feb. Oct. 813* J an. 6 5 43*5 12 4 3 Sale Jan. 41 234 4 27 12 2 19 % Feb. 11 Mar. 16 Jan. 29 2 2** Mar. 2 9 90 Jan. 14 5 102*4 Jan. 16 16 90 Dec. 7 106 25*4 Dec. 28 373 68 Oct. 21 893 25 13 68 7 103*4 Jan. 334 Sale 49*4 Jan. 2 100 14 12 69*4 45 *4 14 ii -.— — 40 A* Sale A i'— 27 101*4 Jan. Jan. 12 July 28 May 12 26 2%* 94 67 3 63 25 28 13*4 33*4 59 16 12 85 92 37*4 112*4 Sale 30 Dec. May 19** Feb. 5 May 8** Dec. 1 Apr. -i... 82 2 4 3 *4 Jan. Aug. 18 11 Mar. 16 Feb. 6 5 Feb. 12** Mar. 19 72** Feb. 17 19 2 18*4 60** 24 1015* 33*4 7*4 4 Feb. 17 Mar. 25 2*< May 5 20 May 28 6*4 Oct. 72 3* Feb. 29 7*4 Jan. 29 5 72 13 2 75 13 9 28 Oct. . 27 930 Detroit & Cleveland Nav__10 1,183 2 25 63 100 19,Cleveland Builders Realty..* 10 Cleveland Builders Supply..* 1,500 Cleveland Cliffs Iron pref. .* 6,727 Cleveland Elec 111 6% preflOO 233 Cleveland Quarries „* 93 Cleveland Ry 100 9,470 Certificates of deposlt_.100 8,973 Cleveland Securities prior pf* 3,828 Cleveland Union Stkyds * 3,688 Cleveland Worsted Mills..100 """16 27** —• 90 102 386 Cleveland Ac Buff Tran—..* 74 Cleveland Auto Mach * 20 1st preferred * 30 12 5*4 20 100 3 13 — 100 2,037 Clark Fred G 1,650 10 1 100 85 Bale 8*4 * Central United National 2*4 60 1 25 100 .... 2*4 17 33 Jan. 14 100 Jan. 16 100 30 36 40 Dec. 28 Dec. 29 60 May 28 Jan. Jan. 30 2 2 29 Dec. 18 65 Jan. 3*4 Jan. 2 3*4 Dec. 30 24*4 Dec. 19 6 Apr. 37 30 Feb. 6 Jan. Jan. 9 30 Eaton Axle 8c Spring...... 57 Edwards (Wm) pref......100 2,650 Elec Controller 8c Mfg... * 3,728 Enamel Products..... ...» 2,507 Faultless Rubber.__..._.__* 1,597 Federal Knitting Mills * 2,883 Ferry Cap At Set Screw.....* 1,700 Firestone Tire Ac Rubber...* 1,948 Firestone T Ac R 6% pref 100 * 4,033 Foote Burt 2,178 Foatoria Pressed Steel.. * No par value. 6 55 35 36*4 26 35 28 60 7 30 6 2 *55*4 14*4 ..... 3*4 21 Sale Sale 28 Sale 25 Jan. 21 25 Jan. 21 27 20*4 Jan. 27 21 Jan. 2 14*4 Jan. 50*4 Jan. 5*4 Jan, 20 5 9 14*4 Jan, 50*4 Jan. 6*4 Jan. 20 5 12 23 12 23! 20 Oct. 5 1*4 Dec. 30 50 ----- Sale 13*4 20 28 27*4 4*4 29*4 534 - 5 12 6** 20 6*4 Sale 10 20 Jan. Jan. 23 14 3* Oct. 52 3* Oct. 4 Dec. 8 May 18** Feb. 19 8 8 22 1 26 21 17*4 June 11 31 22 64 16 24 12** Sept. 18 Aug. 18 Mar. 5 STOCX EXCHANGE CLEVELAND 68 8TOCK STOCKS 1931. 10 Preferred 1,515 20 90 2* 26 15 2,279 2,166 4 Good rich (B F) 1,253 Preferred 190 49* Jan. 29 69 60 Jan. 5 6 3 90 12 8 * * Godman H C 17* Sale' Sale 45 21 15* 13 Sale 110 ........ "lb Dec. 17 62* 13* Dec. 28 45 81* June 26 86* 80 May 9 100 85 Sept. 19 103* 13* Dec. 28 22 Mar. 12 Jan. Jan. Jan. 16 Jan. 17* Jan. 5 14 12 5 14 12 ..... 70 5* Jan. Jan. 12 20 6* 7 49* 50 6* ^ 6 19 9 6 II" "55" 25 K 101* 104 100 100 —100 24 Jan. Jan. 12 20 7 50 Jan. 4 40 Jan. 9 Nov. 27 Dec. 31 5* Dec. * Dec. 75 Aug. 75 July 6* Jan. 21 j 40" 9 Jan. 12.535 / 13 Inter lake SS •r§6 59 14 8 4.143 Jaeger Machine.....—... 421 Jordan Motor pref... ....100 10 2,265 Kay nee 215 Preferred.... .......100 65 15 54 8 • * India T Ac R 36 * * 3,675 Kelly Island L A T "539 34* 239 Korach 11 14"" Saie vicKee A G "B" 4,593 1,411 '""51 65 26 98 74 6 150 370 11,189 4,422 655 1,120 Preferred ... 1~220 132 410 76 60 1,972 V t 1,065 3,749 UK UK 3 10 H 10* B" endorsed———* 2* — * * 1 ....... c * series 2 24 25* 18* 27* Mar. Jan. 18 6 19* Jan. 25 Sale 2* a 4* 2* Jan. —100 Jan. ... 62 K 100 25 23K 16 11* 3 ;;f 25" Jan. 4 Jan. Jan. * 2" 5,590 Thompson Products Inc * 573 Trutnbull-Oliff* preferred 100 20 Truscon Steel preferred.. 100 12 45 4,966 4,959! 370] "2",448 I inlon Metal * 25 Union Trust Van Dorn Iron..... Preferred 10" 255 837 West Res Inv Corp pr pfd. 100 Wheeler Metal — Sale" 8 2 White Motor Sec pfd... 5 Jan. 30 13 Jan. 6 Sale 25 6* 17* 17* Jan. 6 Jan. 7 2 ioH Jan. Jan. * Jan. 1* Jan. 17* Jan. 25 29 Sale 9 29 28 1$ "9 11 28 Jan. 2 * Jan. 1* Jan. 11 4* Jan. 7 16 29 11 4 9* 4* 25 Sale 25 4 20 4 20 Jan. Jan. 7 10* 33* Sale 34* Sale Sale 98* 101* 100 2* 97* "80" "97" ..... 20 6 9* Dec. 88 Sept 33* Dec. Jan. 4 22 100 1 Jan. 18 97 Jan. 23 1 Jan. Jan. 22 85 Jan. 18 35 85 13 6* ... 25 25 Jan. 7 25 Jan. 7 6* 2 10 Sale 4 9 10* Feb. 4 Dec. 8* Nov. 16 17* Feb. 24 8* Jan. 29 8 * Jan. 19 Oct. 24 7 20 80 Jan. 20 90* July 25 13 65 Jan. 13 64 Dec. 23 28 6 Jan. 28 16 6 Dec. 30 34* 22 2 Sept.21 e8* Mar. 4 Oct. 10 Mar. ----- 10 Sale 3* 6 2 80 Jan. Jan. 65 Jan. 6 Jan. 21 *!Jan. 2 Jan. 5 14 16 Jan. 25* Jan. 3* Jan. 5 8* 10* 10 Jan. 23 10 Jan. 23 8 10 17 21 Oct. June 1 8 104 Feb. 40 70 Nov. 13 88 Apr. Nov. 13 70 Mar. Jan. 23 Jan. 23 8 88* Jan. 6 88* Jan. 6 90 50 40 Jan. 6 40 Jan. 6 12 Dec. 29 84 Sept. 8] 23 Dec. July Dec. Aug. Sept. Nov. Apr. Dec. 28 10 29 17 9 12 17 28 9 9 95* 100 47 4 12 10 Apr. 22 May 12 23* Feb. 11 Dec. 28 Jan. IS Oct. 30 104 10 July 1 6 Sept.11 98 98 6 3 15* Jan. 28 June 8 10 75 7 88* 10 64* Dec. 23 Mar. 16 5 75 —* 9 Apr. 80 23 8 Feb. 28* Mar. 17 Feb. 24 25 4 5* Feb. May 7 7 16 Mar. 17 6 6 9 718 Youngstown Sheet & Tube.* Preferred.... 100 3.046 Jan. Feb. May 9 8 90 23 2 28 9 Dec. 8 6 102* July Dec. 25 27 29 30 6 8 7 108" Dec. July 25 1 25 5 26 18 16* Feb. 17 Jan. 14 90 68* Mar. 7 Jan. 15 109 Jan. 22 4 Nov. r 12 26 10* May 50 Dec. 6 5 100* Jan. 1 Jan. 33 100 9 103 Mar. 19 Mar. 12 3* Jan. 30 1 * May 8 15 3* Dec. Jan. 5 13 Oct. 23 Sept.11 10* Jan. 22 10* Jan. 25 * 100 Jan. 3* Dec. 30 * Nov. * Dec. 24 Dec. 1 28* Feb. 4 Jan. 2* Sept. 28 Mar. 19* Apr. 22 26 20* Feb. 20 June 23 28 Nov. 30 76* Feb. 3 Jan. * Dec. 17 2* Jan. * Nov. 20 7 M Jan. 1 * Dec. 17j 90 60" Feb. 20 Nov. Feb. 71 16 11 6 17 14 21 107* Mar. 19 3 Doc. 6 26 Jan. 135 Nov. 5 16 16 62* 8 17 22* Jan. 3* Jan. 30 1 June 4 29 7 Feb. Jan. 138 Sept. 10 15 11 "33" Jan. 3 24* July 10* Mar. July 3* Dec. 100* 100* 30 Mar. Jan. 25 21 30 ..... 8 3 95 Sale 11 11 13 July 6 31 29 14 26 6 29 14 1 19 24* Jan. 14 45 Wood Chemical Co 18 Mar. 26 45 3 104 * Dec. 19 24* Jan. 29 24* 50 White Motor May 11 June 22 ; Apr. Aug. Dec. 1 "l* 10* ...." * 5,664 Vlchek Tool * 3.007 Weinberger Drug 65 Wellroan Engineering—...* 1,894 1,385 774 "IS" 10 241 Thompson Aeronautical....* 100 Dec. 19 30 ...* Without warrants.. 100 Swartwout... 6 14 22 105* • Stone 299 Standard Oil of Ohio pref. 100 —* 2,856 Standard Textile "A" preferred—.... * 1,078 "B" preferred 488 -—* * 1.045 Stouffer Corp "A" w w 375 UK —25 .... 925 Smallwood Mar. 13 IS 8 24 9 6 12 19 Oct. 28 90 Preferred 20 3 Oct. Oct. Mar. 8 25 2* Dec. 115 Oct. 7 Nov. 100 Nov. 13 [Jan. 1 19 Jan. 1 2 1 2 1 ..." 2 5* .... 25,654 Sherwin-Williams... Preferred 8,197 31 100 24* "55" 35 v t C ilH 2* Dec. 31 19* Dec. 15 9 Preferred Mar. 11 105 Oct. 6 Dec. 30 Dec. 1 30 20 K 5* > "454 Nov. 10 20 6K 10 200 20 Aug. 21 Jan. .... 25 10 161 Sale 24.276 Selberllng Rubber........-* Preferred -100 1,622 * 5.198 Seiby Shoe.... 200 50 5 Feb. Jan. 70 5 19 ..... ,225 2",738 104* 7.528 Patterson-Sargent. 10 2,215 Peerless Motor........ * 2,055 Reliance Mfg 215 Republic Stmpg Ac Enam—* * 47,989 Richman Bros 692 Robbins 8c Myers Ttc ser I—• •40 1,070 4* 2434 —* . < 96 4* Dec. 30 2* Jan. 8 Jan. 1 30 Corporation...—...• B 2d pf end 783 Paragon B 3rd pay end 6 19 Feb. 28 47 Dec. 5 100 Packard Electric Packer Feb. 5* Feb. 35 28 30 6 Jan. Oct. * 100 Paragon 110 I 64 1,130 3,267 ... 1* • 3,806 3,631 11 8 14 12 16 27 13 June 24 8 Jan. 7 3* 2* Jan. 11 115 Jan. 28 120 115 122 123 114 7* 7K 7* Jan. 4 IK 8* 7K 100 Jan. 2 100 100 103 3 3 Jan. 19 5 "2 * 2* 3* 6* 100 Otis Ste 1 " Sale 18 22 19 K 2 4 14 30 Janl"29 29* 2 £* 727 Ohio Seamless Tube 130 8 7 2* Sale 6* Ohio Brass "B" ... Jan. Feb. 10 Dec. 29 Mar. 15* Mar. 25 Feb. 16 16 Jan. 6 26 98* Jan. 31 29 ilH 2K Nineteen Hundred Corp Preferred Jan. 7 5 7 Mar. 60 7 Dec. ... ... 132 * 138 20 M 22 Nestle Le Mur class "A"... 837 Dec. 2 Apr. 13* Feb. 10 5 24 Dec. 31 29 ::::: "13" 41* 166 North Amer Securities Co..* 16,296 83 14 Jan. 26 Jan. 103* 50 100 130 National Tool. u8 27 "I§" 5 35* 10 II,133 Nationa I Acme 100 2,677 National Carbon pfd 6,882 National Refining......—25 Preferred ............—100 741 10,302 National Tile............. 215 15 Jan. 45 100 Preferred.. Jan. 15 29* Jan. 12 3 Jan. 90 v mil "29* 8 5 * 7.521 Myers F E fk. Bros 66 14 15 21 18 550 Morgan Lithograph......—* 185 Murray Ohio Mfg.. 70 4 Jan. 4 15! 20 Nov. 10 Dec. 22 100* 100 * 542 Miller Wholesale Drug ...* 10,459 Mohawk Rubber........—* Preferred ......100 756 - """286 70 25 Medusa Portland Cement...* 468 Metro Paving Brick Preferred... 168 15 Midland Steei Products '""25 Jan. 13 10 4* ::::: "30" 45 _—...... 17 22 Oct. 10 20 '13* "15" a 4 x. 28 12 H 299 Loews Ohio Theatrealstpf 100 Dec. 25 13 22 26 12 —* Lamson Sessions 10.234 "858 mpany ..... 4* 13 20 12 >2 Wh Jan. 3* Jan. Jan. 30 3* Jan. 22 24 Sale 3* 28 ..... - 2 Sale 4 23 Oct. 6 8,169 1,827, Jan. Jan. 23* Feb. 98* Apr. 94 Mar. ig Jan. 4 Feb. 102 Jan. 97* Jan. 9* Dec. 18 83 67 7 6 II" "40" 4 7 30 Mar. 11 13 2 13* Jan. 4 99 17* 3* * * 5.562 Harbauer I,339 Harris Seybold Potter 155 Higbee 1st preferred 2nd preferred 116 7 100 96 Preferred 625 837 Hanna (MA) (7 cum pref.. 100 *133 44 12* Jan. 16 12 14* 13* Sale 26 .........10 100 Halle Brothers 2,355 6 Mar. 60 100 82 * 5,635 Greif Bros Cooperage 4! 11 50 5 2 6 * .... 103 50| Aug. 11 29 Jan. Jan. Jan. Jan. 5 49* Jan. 60 Jan. 3 44 16 100 ■i,183 Great Lakes Towing 283 Great Lakes Tow pref....100 350 2* Jan. Jan. 2* 2* 40 75 4* 6 Oct. 16 140 Dec. 30 87* 5* 1* Dec. 31 50 May 5 80 8* 2 Oct. 13 3* Dec. 30 16* 3* May 3* Preferred..............100 360 4,530 Goodyear Tire A: Rubber...• I, 100 86 65 2.289 Geometric Stamping 1,166 Glldden prior pref ...... 100 Sale Prices. Ask. 79 Sale 60 84* Highest. Sale Prices. 50 101 100 * — Lowest. Sale Prices. Ask. Bid. Bid. —. 25 Highest. Sale Prices. 55 Ask. Bid. ... Lowest. Jan. 30. 2. Jan. 1931. Par. Shares. 475 Gabriel Co 2,678 General T Ac R Shares. Price about EXCHANGE Jan. 2 12 Months In January. | 1931. RANGE FOR YEAR PRICES IN JANUARY. CLEVELAND AGGREGATE SALES. July 23 47 101* Jan. 27 BANKS, 7,185 Central-United Nat Bk 20 10 Cleveland Savings 8c Loan 10o 2,713 Cleveland Trust........-100 57* Sale 150 322 100 324 6 Lorain Street Sav & Loan.100 100 260 Midland (Iud)__ 100 230 National City 365 25 72 1,234 47,344 • Sale 350 No par vfilue. Guardian Trust Union Trust.. .... 270 325 74 150 .1. 195 280 350 150 310 23 63 Feb. 24 150 325 July 10 Jan. 330 Feb. 8 16 350 Sept. 275 Jan. 327 .Tan. 75 9 13 6 Detroit Stock Exchange MONTHLY AND YEARLY RECORD PRICES ON DETROIT STOCK EXCHANGE RANGE OF Stock Sales, 1931. 1930. 5,202,028 : STOCKS 1931. Shares. Bid. Par Ask. Bid. Bid. Lowest. Jan. 30. 2. Jan. Ask Ask Lowest. Highest. Sale Prices. Sale Sale Prices. Highest. Prices 9 28 2 Oct. 2 Oct. % X 6*4 *4 6*4 7*4 Dec. Dec. Dec. Dec. Dec. Dec. 22 15 23 17 17 17 500 brown Fence & Wire cl A-. 9 Dec. 17 350 1*4 Dec. 17 300 Allen Industrie* ""215 480 107 4.671 100 6.120 14.695 Baldwin 71.042 Bower 5.946 Class * class A Auto Fan & "l",365 5*4 Sale com... 3 • 2,615 Alloy Steel Class B. 3.938 1*4 Bearing com...* * Rubber class A B __.._.* Roller Bearing. .....* 155 1,450 Consolidated Paper com...10 7.475 Continental Motors com...-* 17.340 Copeland Products Inc.. 4,165 Crowley-Mllner A Co com. 28.720 Deisel Wemmer Gilbert com 10 20.289 Detroit & Clevel Nat com.. 10 421 196 1,571 403 10 2,281 Edison Detroit 3 9 *4 3*4 11 13*4 4*4 Sale 150 Detroit Forging A com....* 520 Detroit Gray Iron Fdy com.* 100 Detroit Majestic cl B com .* Class A pre!............_* 640 30,489 Detroit Steel Sale 1*4 *4 .... 2 4*4 2H 1 7*4 X 6% 8X Sale 7*4 8% Sale ..* *4 Sale 13% Sale 352 3,336 319 220 ; • % 21 9 4 Jan. 4 1 Jan. 9 *4 Jan. 5*4 Jan. 4 25 1*4 Jan. *4 Jan. 5*4 Jan. 4 4 25 6*4 Jan. 8*4 Jan. 29 5 Jan. 18 Jan. 14 2*4 Eaton Jan. 12 Jan. 27 29 12*4 Jan. 15*4 Jan. 14 14 3*4 Jan. 9 Jan. 5 3*4 Jan. 1*4 Jan. 29 18 5*4 Aug. 28 *4 Oct. 2 9*4 Jan. 11 Jan. 20 9 6*4 Jan. 8*4 Jan. 3*4 Jan. 7 16 20 9 *4 Dec. 2c 18 6 8 16 "35" 8 Sale 6 Jan. 6 10 7*4 7*4 Jan. 7 Jan. 4 5 7% 3 Sale ; 5% 1 SalF 3 3% 115 3 109*4 Jan. 112*4 12 5 120 Jan. 20 3 Jan. 14 ..... i\» 2 3*4 4 *4 3 4*4 1*4 14 2 .... 2 Jan. il* :::: 1* 2x 2 J* * Federal Motor Truck com Federal Screw Works com...* 15 2 Jan. 20 120* 18,761 Ford Motor of Canada cl A..* Class 874 18 50 100 46,551 3,147 " 7,142 949 "2",627 218 9,765 4,821 B Fourth Nat Investors com General Motors com..... 5% 5*4 I« 7 6 3 a Sale 10*4 11 22 % Sale 5 7*4 Jan. 3*4 Jan. 14 14 Jan. 6 2 Jan. 8 2*4 Jan. 1*4 Jan. 11 7 2*4 Jan. 1*4 Jan. 8 7 2 Dec. June 24 4 12*4 Jan. 21 3% 1 2 2% IX 2X 9 9% 5 ""766 4.526 Hudson 35 *4 Motor Car 1,170 ""loo 130 Sale ..... 22% Sale X Sale 8 38 6*4 3*4 Sale 10 2 11 3*4 4X 3* 4 3 Convertible preferred....* 2,720 28.061 Kresge (S S) Co com.......10 3,062 Lakey Foundry & Mach....* 2,229 Mahon (R C) eonv pref_....* c.10 com v t McAleer Mfg com * Mesta Machine 17*4 26 X 10 Sale 8*4 9*4 2*4 Sale 7*4 8 ..... 6 15c Sale Sale 9*4 6 9 8 IX 5*4 1% 1*4 12 8 20*4 Sale "17* 43.746 Michigan Sugar com......10 4*4 17 *4 Motor Bankers * com Motor Products Corp com...* 650 Motor 24.592 Corp Wheel 20c * common 14 16*4 1 2*4 jan •.%, Jan. *4 Jan 5 "3*4 Sale 30 4*4 22 5 4*4 6*4 24*4 Jan. X Jan. 14 20 4*4 Jan. *4 Jan. 12 R 7 9*4 Jan. 2*4 Jan. 20 14 it* 11c. 18c. Sale 5*4 10 22 5*4 15 13 1 5 11*4 Jan. 9 1*4 Jan. 11 1*4 Jan. 11 12*4 Jan. 18*4 Jan. 11*4 Jan. 15*4 Jan. 20 4 Jan. 20 5 9*4 Jan. 7 10 4 20 14 <8 National 120 ""75 19*4 Jan. „ Jan. 20 Sale 2*4 9,231 15 Jan. 9c. Jan. 15 5 631 20 20*4 21*4 3 20*4 19*1 Preferred... Sale Sato 4 Sale 19*4 Sale 39*4 Sale 4*4 Sale 19 Sale 37*4, 38*4 10c. Jan. 8*4 10 8*4 1*4 Sale 2*4 400 228 930 Reo Motor com 10 ...... River Raisin Paper com....* Scotten Dillon com -,-1° Preferred ""166 4,280 Square D class A .* Class B ...» 7,412 5,894 Standard Steel Spring....__* 425 Stearns (Frederick) & Co ♦ Automatic Preferred 210 350 Stlnson 100 * _ com... ... Aircraft com.. Sold for cash. 3 95 12 3 2*4 24 26 24 110 4*4 100 9*4 3*4 29 11*4 Dec. 17 15*4 Dec. 29 *4 Dec. 17 I May , 9 May 21 Mar. 18 i Mar. 10 Jan. 29 Feb. l Feb. Feb. i Mar. 19 i Feb. 25 i May 4 Jan. 6 Mar. 24 Feb. Jan. • Mar. 10 Jan. Feb. 14 Feb. 2 Feb. Jan. 2 25 2 5 5*4 Jan. 19*4 Jan. 11 25 18 5 43 Jan. 14 3*4 Jan. 18*4 Jan. Jan. 35 13*4 Jan. 16 1*4 Jan. 7 6 Jan. 8 5 4*4 Jan. 23 15 21 Jan. 28 4 1*4 Jan. 15 Jan. 11 Jan. 23 Mar. 10 Nov. 18 June 2 Aug. 17 5 13 Mar. 10 Mar. 21 Mar. 21 1*4 Dec. 30 19*4 Dec. 17 *4 Sept. 29 Aug. 11 Oct. 29 0*4 Dec. 31 3*4 Dec. 29 Oct. 1 32*4 Dec. 17 10 X Apr. 22 Oct. 7*4 Apr. Dec. H Dec. 12*4 Sept. 1*4 Dec. 37 June 4*4 June 3 6 Apr. Nov. "5*4 JanT"7 Feb. Feb. Feb. Jan. Mar. # Jan. 5 13*4 Jan. 5 5 Jan. 5 13*4 Jan. 5 5 28 26 11 Jan. 27 Feb. Jan. Jan. 11 5 28 27 25 5 20 17 28 12 3 Dec. 24 I May Feb. 16 3 Oct. 2 Nov. 24 Dec. 28 Apr. 17 21 30 12*4 Dec. 21 7 18 9 26 Apr. 22 Apr. 13 Nov. 20 4 13 Sept. 29 Feb. Feb. Feb. Feb. Feb. Jan. Mar. Jan. Nov. 80 106 16 5*4 Oct. 23 Apr. 2 3*4 Jan. *4 Jan. Jan. Dec. 3 12 30 Mar. 21 Sept. 15 Apr. Aug. 5 Sept. 24 3 % June 2 15*4 Oct. 1 5 % Dec. 29 12 Jan. 3 June 24 28 2 6 Jan. 5 29 6 14*4 13 17 Aug. 20 Feb. 7 Feb. 2 2*4 Jan. 20*4 Jan. 30c. Jan. 10 10 25 29 Mar. 10 Mar. 19 2 23 5 1 10< 21 18 I July 7 , Mar. 21 Oct. 2 14 9 5*4 Jan. 2 8 2 Apr. 7 June 12 j Nov. 7 j Mar. 10 Jan. 27 \ Jan. 8 1 Feb. 24 Aug. 4 1 Mar. 25 \ Feb. 16 l 4 1*4 Dec. 22 5*4 26*4 18*4 * Ex-dividends. Oct. Jan. Jan. 5*4 Jan. 2*4 Jan. IS 154 13 Mar. 23 4 1 8*4 ...100 Sutherland Paper com 10 880 Third Nat Investors com....* 0 14*4 * 2,216 No par value., 21 26 Feb. 6c ......* 5.881 Silent Dec. 30 9 21 2 3*4 45c. Second Nat Investors com..* 160 "414 100 14 2 23 15 31c 10 3 22 25 5 3*4 450 Pt Huron Sulphite & Paper.* 53,654 19,243 10.697 8,100 Feb. 6 26 15 21 10 24,975 Pittsburgh Forglngs com...* 2,400 [ Feb. 25 Mar. 12 Jan. 6 Jan. 21 1 7*4 Jan. Jan. Jan. 22 9c. Jan. 6*4 6*4 24*4 6*4 * 8% Dec. 24 July Feb. I July i Apr. [ Mar. 1 Jan. 1 Mar. 21 21 18 16 30 2 29 Oct. 9 9 5 8 48 3 * Class B 2*4 Dec. 29 10*4 Jan. 13 6*4 Feb. 17 Jan. Jan. Jan. Jan. 5*4 Jan. _._* 259,293 Packard Motor Co com.....* • 130,593 Parke Davis £c Co * 63.424 Parker Rust Proof com 9 'Oct. 27 Dec. 30 8*4 Sept. 30 17*4 Sept. 30 7 Sept. 24 Jan. 100 pref 700 Odin Cigar Co common 370 Outboard Motors class A 850 ll",267 Baking 1 20,753 National Investors com 5,668 National Steel Co com......* 27 6 Nov. [ Mar. 20c 5 177 Muskegon Piston Ring com.* 830 Jan. 15*4 Dec. 16 14*4 Sept. 2 1 Dec. 12 21*4 Dec. 28 *4 Dec. 24 2% Oct. 20 1*4 Nov. 2 *4 Sept. 10 9*4 Dec. 14 2*4 Sept. 21 3*4 Dec. 28 1 Sale 15 8*4 Dec. 17 5 3 6*4 Feb. j 7*4 Dec. 12 9*4 Jan. 6 25*4 6*4 5*4 Sale Sale 9*4 Jan. 3*4 Jan. 5 .... 5*4 Sale 13 2 35c 10 3 12 X 8 Jan 10c.Jan. 6*4 12 1*4 10*4 11c Muller Bakeries class A com.* 204,341 Murray Corp 12 16*4 IX 8 18 * com 1*4 15*4 5 Preferred ......10 630 130 Miles Detroit Theatre 10 34.864 19,311 7 9 11 Jan. 1 7 35c. 9 18 15c 5 Jan. \ 18*4 Jan. 4*4 Jan. 4*4 Jan. Jan. 19* 10 14 15*4 30c 5 common 16*4 12 6 30 1 12 11 5*4 , 80 21,412 3*4 Sale 3 10*4 27 7 Jan. Jan. 3 9 ._.__* com 2*4 Dec. 30 28 11 ..... ""266 555 Sale Jan. 1 43 ~4*4 Sale ....._.* 24.301 22.780 Jan. 18 *4 Sale 1 4 3% 150 Mich Steel Tube Prod com..* 227 305 130 20*4 3 .J. 6x Kermath Mfg Co 900 Klrsch Co com 600 Marquette Oil Co ""966 18*4 1 Sale 118 Kalamazoo Stove com......* '""225 9 4 18 200 Howell Electric class A.....* Class B 100 20,945 12 39 Grand Rap Metal Craft * 936 Gt Lakes Engineering com. 10 4,146 11 3 20,674 .... Dec. 30 Nov. 24 25 ..* 65.570 General Parts common Convertible preferred.. 111.609 * 29,894 Graham-Paige Motor com..* 61.041 Hall Lamp com ..It 3.720 Hoover Steel Ball com 3.738 Hosklns Mfg com _...* 5.888 Houdallle-Hershey class A._* Class B * 209.854 1 4*4 Jan. 2*4 Jan. 6*4 Sale £ Mar. 25 Dec. 17 13 Nov. 28 Aug. 27 1*4 June 12 5*4 Dec. 30 2*4 Dec. 17 3 Dec. 14 1 • 10 Feb. 2*4 Dec. 22 2*4 May 9 4 Sept. 22 2*4 June 11 2 * 650 Gemmer Mfg Co class A • Gen Fdy & Machine units... 2.460 313.404 2*4 Dec. 22 111*4 Dec. 15 1 3 i Feb. 24 £ Mar. 3 i Feb. 3 Mar. 27 10 "2 265 Foote Burt common........* "f.ns 9 17 6 28 Spring & Axle com..* • June 22 Dec. 2 Jan. Dec. 24 1 Jan. 1 * Ex-Cello Aircraft & Tool 7 3 2% 2% 5 Dec. 17 11*4 Oct. 5 10 11 3% IX 10% 5% 1*4 Price*. £ Jan. June 11 10c. Prod com.....* Class B 7.828 Federal Mogul common.....* 31.698 24,832 2*4 Jan. 13 10* 523 Dolphin Paint & Varnish A.* 1,100 3,289 175.755 4*4 1% IX 7% IX 7 1 7X 1 * Detroit Motor Bus........10 1.174 Detroit Paper Products 3,482 - 11 16 *4 ..100 com 375 Detroit Mich Stove Co.... 2,431 1 4 Class B 9.044 Burroughs Adding Mach * 329.183 Chrysler Corp common.....* 1.000 Columbia Sugar common..10 268 ..... 135.505 Brlgga Mfg Co common..__.* 1,862 18.104 325 1931. 2 1931. Shares. YEAR Price Jan. 12 Months January. RANGE FOR PRICES IN JANUARY. DETROIT STOCK EXCHANGE In 284,343 205,494 3,845,451 Jan. 1 to Dec. 31 AGGREGATE SALES, 1931. 1932. Shares January 13 26 10 5 8 6 S 20 Shares. Shares. STOCKS * 610 U S Radiator com Preferred..............100 7 . . 3% Sale 4% 1,717 * Class B com • 225 Vortex Cup Co common 878 Universal Product Sale 3% Jan. 2 Walker 8c Warner Aircraft Corp com..* 510 Whitman 8c Barnes Inc com * 200 Winters Crampton Mfg cl B_* 524 Wolverine Portl Ceu com..10 10,713 100 70 "i% "l% 13% Sale .1*. ibH 3 . 1% 9 3% Jan. 3% 1% 10% 13% "r-r 1% Sale 92,278 1,100 1,640 2 Jan. 1% Jan. 7 1 7 12 10 Jan. 18 25 12 Jan. 13 % Jan. 5 1% Jan. 7 """% Sale" 14 Feb. 24 Dec. 18 Feb. 14 65 7 9 % 17% 11% % Dec. 24 Sept. 9 Dec. 22 Oct. 1 7% Mar. 16 June 2 3% 1% 10 3% ill 1% Jan. 22 ..... 1% Jan. 22 1 c_* Sale 55c H Feb. 24 5 3% Mar. 12 8% Mar. 24 June 12 2 13 15 24 24 % Dec. 22 50c Apr. 22 4 37% Jan, 15 28% Dec. 17 90% Jan. 24 6 19% Jan. 15 59% Jan 30 % Jan. 29% Jan. 15% Jan. 1 % Jan. 9 55c --— 14 9 1% Sept. 25 5 % 12 Feb. Sept. 2 2% Feb. 4 17 % Feb. 28 19% Sept. 1 3% Feb. Apr. 3% Mar. 75c. Apr. —15 Yosemtte Holding com v t Feb. 5 15% Oct. 30 80c. Apr. 23 20% Jan. 2 Jan. 12 June 26 1 8% Jan. Prices 11% Feb. 20 26 103 Apr. 21 65 2 4 29 10% Jan. 12 15 13 24 Jan. 70 Sale 4 155 " Oct. 2 20% Sale 22 Co units Sale 3% Dec. 14 4 * 2,144 95,585 1931. Highest. Prices. 85 81 ■ '.KIT "212 Sale Sale Prices. 5 Jan. 14 14% Dec. 11 80c Apr. 23 Universal Cooler class A....* 13,657 68,053 45,127 4 Lowest. Highest. Prices. 6 - """126 Sale Ask. 81 - Lowest. Jan. 30. Ask. Bid. Bid. 9% Sale 10 Timken Axle com Preferred 100 183 125 Union Investment com....* Preferred * 19 100 United Shirt Distributors..* Ask. Bid. 2. Jan. 1931. Par. 59,568 1,045 YEAR 2 Jan. 12 Months 1931. In RANGE FOR Price EXCHANGE STOCK January. PRICES IN JANUARY. DETROIT AGGREGATE SALES. EXCHANGE STOCK DETROIT 70 Nov. 28 12 BANKS. 150,761 189,626 Guardian xovyyumuiau 14,398 I 14 Qrt 7,734 * No par ...20 20 Detroit Bankers value, o Detroit Sold for cash, Ex-dividends, x 82% 53 KJ*J Sale 16 % Sale 31 Sale Sale 32% 17% *' Sale Sale 14 Dec. 29 Ex-rights. y RANGE OF PRICES ON BALTIMORE STOCK EXCHANGE January 37,738 500 5,300 7,700 6,436,90q PRICES IN JANUARY. RANGE FOR BONDS Jan. Ask. Bid. Bid. 2. 500 1,000 3,100 2", 665 400 1,000 Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. 4s second sewer.........1964 92 Jan. 9 92 Jan. 9 100 Sale Jan. 2 90% Jan. 94 26 94 100%::::: Jan. 2 93% Jan. 14 94 90 Sale 100 90 Jan. 27 93 Jan. 18 is" 700 99*2 Oct. 97 Dec. 102% Oct. 93 Jan. 12 93 Jan. 12 •1 12 1 • 1 12 93 Jan. Jan. Jan. 5 92 Jan. 5 93 11 11 11 11 Jan. 12 93 Jan. 12 93 1—>1 =1>01 SO)1 1 93 92 1 Jan. 5 93 Jan. 5 • 100 Dec. 31 106 Aug. Dec. 22 105 % Sept. Aug. Aug. 26 105 100% Jan. 15 102% Oct. Aug. 97% Dec. 14 105 97 % Dec. 3 100% Aug. Feb. 24 102% Apr. 101 6 105 102 % Oct. Aug. Sept. 99% Nov. 14 105 Q5 Dec. 31 100% Aug. 104 % Sept. 23 104% Sept. June 101% Mar. 5 105 103 .... ..... . 1948 91% Jan. 93 Jan. 26 91% Jan. 93 Jan. 26 12 Jan. 11 93 Jan. 11 93 12 Oct. 8 103 100% Jan. 10 100^ 106 % Nov. 19 106 % 104 % July 2 104% 99% Nov. 4 104 Oct. 14 102% 102 104 Sept. 25 104 3 99% 99% Nov. 7 102% 102% Oct. 104 Sept. 23 104 103 Oct. 5 6 105% Sept. 23 96 10 103 Oct. 21 23 26 6 13 20 22 17 3 17 23 6 8 Jan. 10 Nov. 19 July 2 Sept. 23 Apr. 24 Sept. 25 Nov. 3 Apr. 17 Sept. 23 Oct. 10 6 6 102 % Oct. 102% Oct. Sept.15 103 Sept. 15 103 Feb. 3 101 101 102 % Aug. 26 102% 101 Sept. 16 104 99 Nov. 10 103 95 Jan. 25 95 Jan. 25 101 104 101 Sept. 8 101 Sept. 23 104 Oct. 1 101 Feb. Aug. Sept. July Sept. Sept. Oct. 3 26 23 18 8 23 1 Feb. 6 101 Apr. 22 8 87 % Jan. Apr. 22 101% Mar. 3 101% Mar. 3 100% Nov. 21 101% Mar. 3 3 100% Oct. a 100% Oct. 101 % Feb. 28 101% Feb. 17 %* 80 88 1945 8,800 3%s public Improvement. 1940 1,000 3%s 1940 1,000 3%s Funding 1936 4,000 Annap Dairy Pr 6% w w_1943 3,000 Arnold Cypress Co 6%8-_1939 2,000 Arnold Lumber Co 6%s_„1937 1,000 Atlantic Coast Line Co.. 3,000 Augusta Ry 8c Elec 5S....1940 3,000 Balto 8c Harrisb RR 5s 1936 West'n Exten 1st 5s 1,000 1938 22,000 Bait Spar Pt 8c Ches 4%s.l953 38,000 Bait Trac N Bait Div 5S..1942 29,500 73,000 5,500 Carolina Fiber Co 3,000 Central Ry consol 5s. 6,000 Cash sale. 6 95 104% Nov. 27 105 Aug. 18 94 Mar. 27 90 94 Mar. 27 90 92 May 100% Jan. 102 Oct. Mar. 3 100% Jan. 1 103 Sept. 2 3 100 % Feb. 101% June 26 Oct. 24 30 -- May 75 2 94 a* 5 3 14 FeD. 3 June 26 Jan. 26 60 65 85 , 65 Jan. Jan. 10 20 Jan. 85 12 Sept, 12 4 Jan.i 20 66 Nov. 70 Jan. 4 100 % Sept. 10 85 Oct. Jan. 27 95 97 85 90 lib 95 85 May 13 97 16 79 27 May 12 Sept. 3 Mar. 10 101 Mar. 16 70 Charleston Cons Ry Gas 2 Feb. 16 101 8 102 % Apr. 105 ..... 4,000 9,000 Oct. Sept.17 Feb. 3 Feb. 3 3 101 14 106% Sept. 17 24 100% Sept.17 Sept. 21 Sept. 21 106 H Oct. 28 106 % Sept. 19 Dec. 24 106 % Aug. 18 96 Feb. 101 7 105% May 20 100 100 ...... 2,000 100 H Jan. 6 19 17 99 1949 200 3 %a Four Million Feb. Mar. Feb. Jan. 106 ... 1,000 4s second school loan... 1948 3,800 4s 2nd Sewer (coupon) 1948 ...1947 7,000 4s School loan 1,000 48 2nd P 8c B (coupon) ..1947 1,000 4s 3rd P 8c B (coupon) 1947 7,000 4s 2d Sewer (cpn). ...1946 3,000 4s 2nd School -.1946 1945 3,000 4s Howard St ext 4,000 4s 3d P 8c B (cpn)... 1945 2,000 4s O B (coupon) 1941 5,000 4s second series P 8c B 1941 1,000 4s 3d P 8c B 1941 1,500 4s School Loan 1939 1,600 4s second school loan 1938 1,800 4s Harbor 1937 1,000 4s School ............1937 3,000 4s 2d School 1937 8,000 4s second sewer.. 1937 .....1980 52,800 3H« new sewer 101% Mar. 6 1.01% 101 Feb. 19 101 100 H Jan. 17 100 % 98 % Nov. 23 106% Feb. 101 3 101 101 ... 1,000 1931. Lowest. Ask. 4s second sewer.........1974 1962 1,000 4s 16,000 4s conduit..............1962 1962 3,000 4s O B ..1962 2,000 4s P 8c B (coupon).. 1,300 4s Jones Falls...........1961 .......1961 22.600 4s dock loan... 5,000 4s P & B (coupon).... 1961 ...1961 64,900 4s school 53,700 4s sewerage lmpt........ 1961 1960 6,200 4s burnt district 1960 5,000 4s O B 10,000 City's 4s P & B (cpn)-1959 1958 5,500 4s conduit 1958 37,100 4s water loan 4,900 4s engine house......... 1957 4s Airport (cpn) 1,000 1957 1,000 48 second sewer (Gpn) 1956 5,900 4s park loan 1955 1954 44,400 4s annex lmpt 1953 2,000 4s 3rd P & B 1,000 4s 2d sr P 8c B (Cpn) 1952 8,500 4s annex lmpt...........195) 7,300 4s paving loan..........1951 ..1951 2,000 4s 2nd Water 16,500 4s second water serial...1950 1950 1,000 4s O B (cpn) 100 4s second water serial 500 5s Water Loan 1,000 YEAR Sale Prices. Jan. 30. Ask. Bid. ...... 3,000 1930. Price 2 1931. BALTIMORE CITY BONDS 500 Jan. 1 to Dec. 31 Jan. 12 Months 1931. 3,000 3,000 $357,000 1,986,900 1930. 712,780 BALTIMORE STOCK EXCHANGE AGGREGATE SALES $73,900 1931. ; 1931. s$, 1931. 1932. January. 511,649 •. Jan. 1 to Dec. 31 January. 1931. 19,964 Shares - In Bond Sales. 1932. Stock Sales. - — - 101 101 Dec. Oct. 4 Jan. 29 118% Feb. 20 BALTIMORE AGGREGATE SALES. BALTIMORE 1931. Jan. 2 BONDS. 1931. Bid. "T.ooo 6,000 37,000 3,000 3,000 1,000 4,000 5,000 19,000 13,000 1,000 1,000 1,600 1,000 25,000 51,000 1,000 22,000 1,000 33,000 4,000 8,000 43,000 5,000 2,000 27,000 21,500 86,000 3,000 6,000 17,000 5,000 53,000 745,000 298,000 747,300 214,700 Shares. Finance Co of Am Ask. Lowest. Highest. Lowest. Highest. Sale Prices. Sale Prices. Sale Prices. Sale Prices. 100** Apr. "95" 100 6>$8—1934 Sale 100 Jan. 2 100 - 2 Jan. 43 Jan. 20 43 Jan. Feb. Jan. 90 80 95*" Bale" Nov. 80 95 81* 79 80 June 80 89 Feb. 24 Feb. 3 95 Jan. 99 Aug. 7 75 Jan. 21 Jan. 75 21 July Mar. 33 *4 Nov. 6s.-.1944 1944 Olustee Timber Co 6s 1935 Penn Wat 8c Power 5s 1940 1940 103 99 4*4s 55 Sandura Co Inc 1st 6s.-.1940 Silica Gel Corp 6H< Jan. 14 55 Jan. 14 w.1932 w Aug. 90 99 94 99 96 Mar. 80 88 93 Prudential Ref 6*4s w w.1943 Roland Park Homeland 5H* Safe Harbor Wat Pow Apr. Sept. Jan. ' Funding 5s 1936 1st 6s 1949 40 30 44 41) 19) Sale 37 50 22 Sale 12 30 38*4 Jan. Jan. 6 22 Jan. 12 30 Jan. 6 22 Sept. Sept. Sept. 112 5 145 171 15,750 38*4 Sale 26** ..2. 27c 15c Sale' 26 25c 26 Jan. Jan. 15 2 25c Jan. 67 57 676 30 10 * common 2,360 Commercial Credit... Preferred.. 7,378 Preferred B 4,603 3 Jan. Sale 30 2 3 12 Jan. Dec. 12 June 12 750 Davison Chemical common.. * 3,518 Eastern Rolling Mill 322 3*4 15 AH 4 H Jan. 2,264 Emerson Bromo Seltr A w 1... 150 Empire 38th St Corp pref. 100 25 4 116 Jan. 9*4 Jan. 16 115*4 Jan. 9*4 Jan. 17*4 Jan. 16 17 68 - Sale Jan. 55 Jan. 14 7 6 18 20 Jan. 68 Jan. 25 28 Oct. Dec. 22 Oct. 6 June 26 91 Bale 85 110 109 64** Sale 103** 10314 59*4 96*4 97** 61 Jan. 106*4 Jan. Sale 100 Jan. Sale 98 97 Jan. 63 Jan. *4 25c 1** 60 110 101 Sale 1 Jan. 28 65 5 111*4 Jan. Jan. 5 107 5 100 Jan. Jan. 27 63 15 27 Dec. 30 Dec. 22 3 **. 24 Jan. 24*4 Jan. 15 Sept. 23 Jan. 16 85*4 Jan. 14 ; May 19 Sept. 17 Sept. 22 Jan. 39 44*4 13 Finance Co of Amer A 12*4 Jan. Sale 75 10** 37 346 Sale 75 Sale 25 26 12 15 Common class B vot tr..... Jan. 8 Dec. com Preferred 10 A ... 6 5*4 5*4 Sale Oct. Preferred (new) 34*4 41** Sale 22*? 92 Jan. 14 92 Jan. 100 ...... .... ""59 130 Merch 8c Miners Transp....* 33 Merchants Mort & Credit 13,119 Monon W Penn P S pref...25 140 Morris Plan Bank of Bait.... 5,428 5,223 Mort Bond 8c Title w 424 Mt Vernon-Woodb M I v Preferred....... 1,324 t-100 ....100 Jan. 30 2 Jan. 15 2 6 Jan. 12 Sept. 21 Sept. 4 Feb. 16 Aug. 31 Sept. 22 20 20 Jan. 8 20 Jan. 8 Mar. 18 - 5 5 59 17 25 18 "1*4 "3*4 7 18 Jan. 26 18 Jan. 26 2 Jan. 21 2 Jan. 21 Sept. 19 Aug. 31 Nov. 23 June 20 .... Sept. 23 Sept. 23 Aug. 22 Sept. 21 515 Nat'l Sash Weight pref 25 22,882 New Amsterdam Casualty... 1,402 Northern Central........... 120 Park Bank '""449 6,360 4 Sale 20 Sale 20 20*4) 19*4 Jan. 12 21*4 Jan. 68 33 68 68 14 58 20 325 48 50** 48 Jan. 5 53*4 Jan. 50 • Ne pa^r 32 41 Iff* 4 1 Feb. 20 Mar. 2 Apr. 9 Feb. 24 Jan. 17 Feb. 16 Mar. Jan. 4 6 Mar. 18 259* Apr. 14 119* Aug. 26 10 Dec. 22 7** Mar. 2 61*4 Apr. 18 60 Sept. 23 349* Mar. 19 Feb. 24 18 70 Oct. Sept. 30 17 96 90 Sept. 25 Sept 30 June 18 20 Jan. 30 5*4 Oct. 8 7 Mar. 52 Sale 8 14 7 June 29 Dec. 11 40 15 5 .... 1 ..50 .10 278 sir 7*4 40 2 7H 10 40 1 Jan. 15 1 Jan. 15 6 Jan. 12 8*4 Jan. 18 ....... Wash Bait 5c Annapolis 50 Preferred...—........... pref * Prior preferred. 104 ......50 20 1,501 Western National Bank 90 Dec. 5c 8 Union Trust Co...........50 36 Aug. May Dec. 40 10 value. §?H it* May 18 May » Feb. 29 1 5 15 3,7?? Western Md Dairy Inc Jan. 29 Feb. 25 5*4 Oct. Common United Rys 5c Electric Aug. 24 tb 2 14 preferred........ U S Fidelity 8c Guar Walton & Co pref 1 Mar. 6 Mar. 14 Feb. 27 Feb. 26 5 17 958 Standard Gas Equip pref.... 598 Standard Gas Equip common 748 Un Porto Rican Sugar com..* Preferred................* 460 4,532 w J* 12 49** Sale 120 Sou Bankers Sec Corp pref.. 6,252 6,159 100,067 5 350 May 21 Dec. 2 Dec. 29 32*4 Jan. 17 40 Jan. 14 45 Jan. 15 32 Feb. 24 165 Mar. 21 Mar. 17 June 18 50c 25c 90 58*4 Sale Silica Gel common...... 2,000 13 16 13 95 * ..... 30 Schoeneman (J) Inc 1st pf 225 Second So Bankers com...... 100 Sharpe & Dohme 7,906 i I* Apr. Apr Apr. Feb. Dec. Ja^n. 14 common......... Penna Water 8c Power 634% 2 May Jan. Roland Park Homeland Co.— Common 63 , 16 9 Jan. 7*4 Jan. Jan. 2o 30 20 25 21 17 8*4 Jan. 9 6 30** 23 May Sept. Sept. Sept. 6 7H Jan. 7*4 Sale 27 9 Jan. 23 National Marine Bank 4,075 8 Feb. 26 5 May Oil Burner............. 186 Mercantile Trust 514 6 Aug. 24 ... 2,452 Mfrs Finance common v t—25 1st preferred............25 2,096 2d preferred 25 4,734 3,355 Maryland Cas Co 4,377 Maryland Tr Co.... 2 Sept. 22 14 637 Humphreys Mfg Co pref..... 88 John E Hurst.... 975 17 Sept. 16 Sept. 16 ... •8,545 First Nat Bank w 1... 5 Guilford Realty Co.......... 18 Home Credit Co pref........ 434 Houston Oil pref v t C....100 1,209 20 Sept. 16 B Finance Service 3,550 Dec. 14 I Dec. 16 Sale" 21* Dec. 18 100** Feb. 26 2 Dec. 29 40*4 21 11 10 22 19 Dec. 22 113** Aug. 19 Dec. 21 111 June 12 Dec. 18 108*4 Aug. 21 Dec. 31 4 July July 91 Sept. 30 Sept. 249* May 9 12 . 7*4 Mar. Mar. 27 5 69* Feb. 24 2 Dec. 28 1 Oct. 2 8 Jan. 24*4 Feb. 20 Feb. 23 Fidelity 8c Guar Fire Corp. 10 Fidelity & Deposit ...50 * 2*4 June 12 Apr. 30 4 15 Sept. 14 23 27 13 116 4,245 4,966 3,173 370 1,330 Series Dec. JX Feb. 14 60 10 4 32*4 Feb. Feb. 2 37*4 Jan. 20 Sept. 21 18 3*4 Jan. common....... 206 Equitable Trust Co... 76 321 Mar. 11 Feb. 20 11 ........... 100 Elkhorn Coal Preferred 20 1 ** June 30 42 June 27 9 Sept. 30 * 22,741 Consol Gas E L 8c Power....* 6% preferred ser D.....100 1,200 5 J4% pref w 1 ser E.....100 1,089 5% preferred....... 100 5,159 100 6,903 Consolidation Coal Preferred 145* Aug. 11 94 Sept. 25 Sept. 21 12 30 25 25 702 614% 1st preferred.....100 Convertible A 480 427 Commercial Credit N O pf.. 143 17 20 Dec. 16 Dec. 8 15 26** Jan. .... 1,877 Jan. Jan. Sept. 19 1159* Feb. Preferred................. 410 2,757 Ches 8c Pot Tel of Bait pf..l00 243 3 Feb. 25 Oct. Dec. 14 Baltimore Trust Co.... Black 8c Decker Aug. Mar. 94 728 Baltimore Tube com......100 Preferred. 703 50 Benesch (1) & Sons common.. 165 Berliner-Joyce Aircraft Corp. 470 29 Par. Arundel Corporation.......* 50 828 Atlantic Coast L (Conn) 87,997 31 44 65 35 Oct. xl* 30 10 10 Jan. Apr. 4 505* Feb. 25 Sept. Aug. 30 145 Aviation Sec of Del 235 Baltimore Brick pref 290 102 88 67 Nov. 865* May West Penn Traction 5s.. 1960 STOCKS. 955* Feb. 20 May 1 85*4 May 89 6 Nov. 20 Apr. 20 101*4 July 31 101 Aug. 15 Jan. 7 79 July W* 79 Jan. 93 101 100 Dec. Jan. Standard GasEauip 6*4s 1932 Tolchrster Beach 5*4s Un Porto Rican Sug 6*4sl937 United Ry 8cEl lat 4s_„.1949 Income 4s 1949 68 July 15 93 July 18 93H Sept. 3 33*4 Nov. 7 103 *4 Mar. 12 Jan. 6 88 Feb. 65 93 Apr. 18 5 56 H Mar. 1015* Jan. 15 30 Sept. 101$* Jan. Monon Vail Trac 1st 5s..l942 conv Mar. Jan. Jan. 24 70 'Ish ::::: Maryland Lat 1 & Post Ry L n Maryland Mtge 1948 Merchants Terminal 4Hs 1948 Nat Food Prod Feb. 19 Feb. 10 14 Nov. 9 Jan. 2 Mar. 11 Mar. 11 101 Feb. 93** Feb. Md Electric Ry 1st 5s 1931 1st & ref 6*4s series A__1957 Norfolk Street Ry 5s North Ave Market 6s 855* Aug. 18 May & 90 1942 5 18 28 9 11 23 70" Apr. 11 55" May 81 98 97 Knoxvllle Traction 1st 5s 1938 Lord Bait Hotel gen 6*4 % Macon Dublin & Sav 5s._1947 May Sept. Sept. May July 20 65 Jamison Cold Stor 6**s--1937 Lake Roland 1st 5s 18 July 30 June 105 9* Sept. 9 105 J 105*4 May 11 105 70 July 23 70 1945 Klngsport Press 6*4%-.. 1939 100 ** Apr. 101*4 Nov. June 24 102 1950 Ga Sou & Florida 5s 18 Nov. 18 106 7 106 * Oct. 20 107 100 166 100 100 11,305 Appalachian Corp 41,412 Jan. 30. 1938 Georgia Marble 6s Shares. 100 1,696 2. Ask. Bid. 1940 1931 Elk Horn Corp 6 **s Fair & Clarksb Tr 5s 234,000 Wash Bait 8c Annap 5s..1941 Md Trust certifs 5s 11.000 1,000 Bid. ref 4**s-~—1934 Davison Realty Co 6s ~~ 3",000 1,000 Jan. Ask. 5,000 Commercial Credit 6%—.1934 1954 21,000 Consol Gas Gen 4*£s First 5s 1939 12,000 23,000 Consol G E L & P 4*4«—1935 4J4s 1981 13,000 Series A 49*8 1,000 1969 Ref 1st 5s 1965 1,000 4,000 Consol Coal 23,000 RANGE FOR YEAR 1931. PRICES IN JANUARY. 12 Months January. 71 EXCHANGE Price about STOCK EXCHANGE In STOCK 50c 93** ::::: 94*4 25c 90 Jan. 20 90 Jan. 20 May 27 Sept. 9 Mar. 19 Apr. Sept. 22 1 Sept. 14 10*4 Sept. 21 96 Jan. 19 • 25e 20c 94 June June Jan. 54** Jan. 32 Sept. 22 5c 10 23 28* 20 62 37 Mar. Jan. 2 June 29 Dec. 11 Mar. 14 Apr. 15 Jan. tf June 4 Jan. 13 Jan. 20 Feb. 20 97*4 Mar 2 Jan. 27 May 5 99*4 May 23 50c 55 38 Jan. Jan. 3 13 San Francisco Stock Exch. monthly and yearly record stock exchange range of prices on the san francisco AOQREOATE SALES SAN In January. 9,875,057 RANGE FOR PRICES IN JANUARY. BONDS 1931. Jan. Ask Assoc OH Co *% 1935 Atlas Imp Diesel Eng 6%_1935 Balfour Bldft 6% 1945 Calif Gas & Elec Corp 5% 1933 5% „„»_1937 Calif Ore Pow Co 6% 194; Calif-Pack Corp 5% .1940 City Electric Co 5s 1937 27.000 Coast Cos G & E Co 5%.. 1960 46,000 649,000 KmpCapwell Corp 54%. 1942 50 % "2",565 2. Ask Lowest. Jan. 30. Bid. Sale Ask 36 Bid. 37% Sale Prices. 2,000 6,000 21,000 2,000 "2",660 40.000 99,000 1,000 15,000 39,000 25.000 347.000 6,000 1.000 2,000 24,000 10,500 2,000 8,500 1,000 1,000 16,000 6,500 14,000 32,000 187,000 87,500 55,000 "4",565 19,000 4,000 2,000 8,000 1,000 4,000 16,000 1,000 32,000 1,000 2,000 1,000 6% 1942 S%% 1947 S%% 1943 5H%-1949 L A Ry Co (of Calif) 5%—1938 5% 1940 Market St Ry 7% 1940 Merc Amer Realty Co5%. 1951 Miller Ac Lux 6% 1945 7% 1935 Mo Amer Invest Corp 5s.. 1947 North Calif Power °on 5% '48 Orph Theatre Ac Rlty 4%. 1946 1,000 1,000 2,000 41,000 59,000 '""135 170 1,700 May 5 10034, Jan. 27 8 100 9634 Jan. Sale 98 69 65 64 7 9834 Jan. Jan. 4 72 64 Jan. 8 So Pac Co Ore Lines 4%% '77 Southern Pacific Co 4% %-'69 Union Oil Co of Calif 6%. 1942 5% 1945 58 101 55 39"" "43" 48 X 4134 Jan. Sale 5 50 Jan. 15 8554 May 8 12 8 18 183 2,158 2,499 150 . Dec. 16 10634 Associated Ins Fund Inc...10 Atlas Imp Diesel A 24,297 2,630 Bank of Calif N A... 35.729 Bond At Share Co, Ltd 81,296 B?ron Jackson Co... 4,365 Calamba Sugar Estate, Preferred 4,498 15 900 90 295 480 13,674 55 60,512 1,315 125 2,258 7 95 9534 Jan. 55 50 52 Jan. 97 9934 Jan. 10136 Jan. 98% 9934 Jan. 97 9834 Jan. 97% 100?* 98% 98% 25 9634 Jan. 25 25 52 June 27 Feb. 21 87 104 Aug. 11 July 6 Feb. June 15 95 88 2 106 9 6154 July 10354 Feb. 20 May 11 Jan. 25 20 9934 Jan. 13 10136 Jan. 11 9934 Jan. 14 15 11 111 9854 Jan. 21 106 21 107 105 92 4034 Jan. 59 21 39 70 42% 2 59 Jan. 7 39 Jan. 27 Jan. 27 10034 Jan. 101% Jan. 23 27 102 Jan. 27 10334 Jan. 87 Jan. 5 11 10134 Jan. 23 9934 Jan. 14 23 Jan. 100 9434 Jan. 100 .... 10334 Jan. Jan. 87 100 99 19 100 7 Jan. 9554 Jan. 23 100 19 2 5 Oct. 68 62 63 61 Jan. 1043* Jan. 115 92 Jan. 5 6334 Jan. 99 Dec. 17 106 Dec. 11 108 19 21 9234 Jan. 7354 9954 94 54 Dec. 1 10654 7034 Dec. 29 9754 Apr. Jan. 9 *97 Jan. 9 16% Jan. 3 May x97 14 Feb. 92!* 1 21 Sale 13 13}* 105 200 150 600 360 171% 180 3% 4% 6.560 ~ 1~,026 8,310 117 1,421 500 4,046 2,983 ""115 - 100 __10 % 100 JX A..41 * Crown Zellerbach Corp— Common ▼ t c ...» Preferred A Preferred B ...... 7% Sale 13?* * 17 108 44 325 280 14?* —— 280 106 103}* 115 1% 1% 1% 14% 15 1,240 First Nat Corp of Portland A* Food Mach'y Corp com * 89,510 50 Preferred series A z Option Sale. 2?* 1% 8% 12?* Jan. 15}* 100 Sale 114 4 June 2 Jan. 10 May 2 Sept. 8 Apr. 14 Feb. 3 May 1 Mar. 6 Mar. 2 20% Sept. 11 125 280 Jan. 101 Jan. Jan. 1% Jan. 3 28?* Sale 145* 18 98?* Sale 19}* 20>* —... 400 11% 13 43 46}* 44}* ~21~~ 8% 8}* 6% 9J* 7 3}* I lH 19 24?* 23H Sale 25 23?* 11?* 13}* 94 14% 242 1}* 84 Sale 13?* 250 5% 5% 42% 1% 10 10 9 10 % 4}* 2* 22 Sale "7" "16?* 5 30 7% 6 6 18 20 1% 27}* 3 % 5% 2$ 1}* 30 9 2 Sale 72}* 11% 16 95 ' 16}* 275 25 2 6 Jan. 8% Jan. 65 Jan. 12 9% 3% % % % Jan. 3 Jan. Jan. 12 Jan. 5 Jan. 13 8 Jan. 13 72 18 4 15 Jan. 15 Jan. 6 96 Jan. 16 13 4 16% Jan. 11 245 Jan. 15 245 Jan. 15 15 16 Nov. Feb. 17 10?* Dec. 10 52 11 Oct. 5 22% Feb. 26 93?* Dec. 16 102% May 14 12% Dec. 28 23% Mar. 3 250 Oct. 26 350 Jan. 15 Dec. 21 Dec. 24 Dec. 24 Oct. 5 6% 54% 53% 23% Jan. Jan. Jan. Mar. 12 26 7 Dec. 30 15 Feb. 13 Dec. 18 4 Aug. 22 10?* Mar. 24 1% Jan. 3 12 % Jan. % Jan. 8 \20% Jan. 15 4 48% Jan. 22 27 9 Jan. 6 2% Jan. 16% Jan. Jan. 5 15 Jan. 16 9% Jan. 26 10 Jan. % Jan. % Jan. 4 1?* Jan. 1% 14% 12% 11 5 % Vs 43% Sale 13% 9% 40 Jan. Jan. 6 15% Jan. 6 8 Jan. 4 10?* Jan. 16 85 85 Jan. 26 85 Jan. 28 Jan. 29 28 Jan. 2 7?* Jan. 1 17 37 21 15% Jan. / 7 15 22 3 Feb. 7 30 Apr. 16 90 Feb. 8 26 Jan. 8 Dec. 30 June 22 36 Feb. 26 Oct. 16 Dec. 12 Nov. 25 Dec. 2 Dec. 28 % Nov. 24 5 Jan7"~8 5 Jan. 8 5 12 12 Nov. 25 Dec. 18 Oct. 15% Dec. 29 5% Jan. 1% 8% 8% 10% 26 31 6 7H $ 5*::::: 16 Dec. 31 111?* Sept. 14 62 Feb. 16 Dec. 15 94 5 Apr. 14 102 9 101 65 20 Feb. Mar. 10 4 10 13 4 , Jan. 7 26 17 3 21 20 19 5 Jan. Jan. Sale 29 Jan. Jan. 27 5 19 Jan. 14 20 8% 13 16 28 Jan. 11 94 12 11 8 Jan. 10% Feb. 27 7% Feb. 10 16 14 9 1% 12% 85 ~4% "~6"" 25% Sale 10 65 Sale 99 97}* Sale 15 14 5 14% % Jan. 1% Jan. 18% Jan. 3 65 95 % 4 250 7% Feb. 18 Mar. 23 70 20 105 8?* Jan. 2?* Jan. 1?* Jan. 9?* Jan. 4 162 June 24 10% Apr. 11 4 % 100 Jan. 60 22 20 Sale 1}* J 1 . 10 9 60 J* 3 29 16 Aug. 14 6 179% Jan. 5 May 19 .11 21 2 June 350 Jan. 5 280 6 114 1% Jan. 1% 2 Jan. 2% 147% Jan. 150 157% 167 Sale 2% Jan. 2?* 3 1% Jan. 1?* 1H 1?* 9 10 8?* Jan. 9?* 2}* 12 9 100 16.057 Foster Ac KLlelser com 10 8.230 Galland Merc'l Laundry Co.* 1,676 General Paint Corp A * B * 2,136 35,613 Golden State Co Ltd'cap—M 4,930 Haiku Pineapple Ltd com.20 1,589 Voting preferred ..25 •Nopar value, 145 12 80 2,096 Fireman's Fund Ind Co cap 10 25 16,654 Fireman's Fund Ins Co 1% 90 43 11,665 Douglas Aircraft Co capital.* 5.586 El Dorado Oil Works capital * 21,874 Emporlum-Capwell Corp....* 17,045 Fageol Motors Co com.. 10 Preferred........... 10 3,244 10 '""loo com 197 Crocker 1st Nat Bk of S F.100 61 """340 6 20 8% 250 205 20 989 Cat Co G Ac E Co 6% 1st pf.100 24,989 Consol Chem Ind class A pf * 729 6% 6% 762 Calif Water Serf Co pre! .100 681,746 Caterpillar Tractor Co cap * 174,823 17,045 Mar. 24 Apr. 1 Aug. 26 Sept. 18 Sept. 8 July 25 Aug. 18 Aug. 5 1 10154 Sept. 90 Dec. 11 Dec. 10 117 Dec. 4 105 19 19 10434 Jan. 11 9 lOo 8734 Dec. 16 101 101 9734 Oct. Sale 60J* 85 9034 Sept. 3 94 10234 Oct. 27 106 101 Dec. 15 11434 9854 Dec. 29 10654 —- 87 84 15 22 10134 Jan. 9934 Jan. 95j Sale 97 100 Dec. 29 57 95 j 100 Mar. 26 Jan. 19 65 50 101 Sept. 11 May 21 9454 Jan. 91 96 95 h 103 26 Jan. 25 99 70 Mar. 18 2 June 1 5434 Oct. 9734 Mar. 6 9554 Apr. 13 80 40% Sale 90 88 * com Preferred Clorox Chetn Co A_. 9 4 104 88 93 * 1,624 Calif-Ore Power Co 7% pf.100 187,175 Calif Packing Corp capital -* . 7,146 * 100 13,383 Calif Copper Corp. 11,064 Calif Cotton Mills Co 6.823 California Ink Co Inc 19,261 Feb. 17 paf Juneau G M cap 10 89 Alaska Packers Assn cap.. 100 765 Anstlo-Calif Trust Co cap. 100 100 2,026 Anglo & Lon Paris N Bk 726 Calaveras Cement Co 10534 Sept. 18 3 9934 Jan. Sept. 24 Oct. 30 10534 July 31 Dec. 18 6835 Aug. 14 Dec. 20 Associated OH Co capital..25 :V;; """690 Prices. 9 21 10334 Mar. 67 34 Apr. 15 28 Dec. 30 10234 June Dec. 10554 Jan. 100 51,342 Alaska 35,440 Oct. Shell Union Oil Corp 5%. 1949 STOCKS 6,100 33 36 99 Jan. 100 99 10,000 Pacific Electric Ry 5%..1942 39,000 Pacific Gas Ac Elec 5% 1942 14,000 5% 1955 61,000 5*% 1952 34,500 4% 1941 49,000 Pacific Public Serv 5s 1936 28.000 Pacific T Ac T Co 5% 1937 19,000 5% 1952 150.000 Parafflne Cos, Inc, 5%..1935 Ry Equip & Realty Co, 94.500 Ltd, 6% ,.1938 9.000 San Joaquin Lt At Pow 4%.'52 5% 1957 54.000 5 5 9954 Insur Exch Bldft 6% 1932-1944 Los Anft G & E Corp 5%. 1939 Shares. Shares. 94 % 100 Ji 35% Jan. Jan. 85 80 Sale Prices 10054 Oct. 7,000 Food Mach'y Corp ser A 6%'38 8,000 Series B 6% 1938 14,000 Great Western Pow Co 5% '46 7,000 16.500 1931. Highest. Lowest. Highest. Sale Prices. 102 % 36,000 YEAR 2 1931. Bid. % 13",5oo 1930. 2,457,600 2,381,000 Price EXCHANGE Jan. 12 Months Jan. 1 to Dec. 31 FRANCISCO STOCK ; $225,500 1930. 15,262,932 1 to Dec. 31 1931. $275,500 __ 1931. 1931. Jan. 1932. January 1,038,339 549,696 -Shares January Bond Sales. 1931. 1932. Stock Sales. : Nov. 23 9 85% July 2 7% Jan. 26 39% Feb. 21 11 3 Feb. 5 Feb. 10 15% June 22 9 Mar. 21% Apr. 5 4 SAN FRANCISCO STOCK EXCHANGE AGGREGATE SALES In SAN FRANCISCO STOCK EXCHANGE Jan. STOCKS 1931. Shares. Shares. 1,142 "l~,383 35 • 300 35 ""982 40 1,480 280 320 13,482 1931. Par. ""120 765 845 231 1.632 Paahau 6.366 22,870 6,562 Sugar Plantatlon_15 689 16 10,159 pref ♦ 4 Jan. 5 3 Jan. 5k 3 4% Jan. 1% Jan. 4 63 'A 7% Dec. 16 8 6% 93% 2% % 5 8K 90 Jan. 1 27 Jan. Jan. Jan. Jan. 100 3 1 Jan. 63% Jan.) lk Jan. 13 Jan. 9 12 Jan. 30 1 19 6k 10 28 Jan. 14 Dec. 17 Jan. 7 Dec. 15 8 Dec. 12 1 6 33 k Sale 22% 22% 25% Sale 39 Sale Sale 93 95 6,425 1,351 532 1,971 ""405 Common <non voting)....* 93.035 First preferred 102.557 * 14.385 Pacific TAT Co com.... 100 4.387 6% preferred ....100 65.823 Paraffine Cos. Inc. The com • 2.855 Phillips Petroleum Co cap'l.* 6,141 Pig'n Whistle Corp pref * 118 Sale lk 2 10% Sale 98% Sale 120 42 124 Sale 14% ..... .... 203 Ry Equip A Realty Co class A 414 5.930 is 1st preferred... 1.321 Series 1................... Series 2 376 Convertible preferred..... 26 i ~"~500 910 11.380 Rainier Pulp A Pa A com 170.950 Richfield Oil Co 350 86.236 • com 7% preferred 25 120 8,716 Roos Bros lnc common.._._* Preferred 462 .....* 349 9,725 450 12,148 100 103 893 S J Lt A Pow 7% pr pfd..100 0% prior A ..100 Schleslnger A Sons lnc— A common * 5,246 3.454 7% preferred 100 217.267 Shell Union Oil Corp com 2,725 SH% cum conv pref....100 3,002 Sherman A Clay 7% pr pf.100 . 514 Sierra Pac Blec Co 0% pf„.100 301 Sale 118 23 25 4# 'A 5 17 50 18 10 4k 3% Jan. 4% Jan. 7 11% Jan. 7% Jan. 2% Jan. 25 Jan. 22 8 1% Jan. 2' Jan. 6 33% Sale" 23% Sale 24% Sale 37% 38 93 21 11 12% 7k 28 32% Jan. 23 4 Jan. 4 24% Jan. Jan. 30 20 92% Jan. 4 2% Jan. 10% Jan. 96% Jan. 30 37 Sale 10 11% 12 4 19 14 35% 24% 26% 40% Jan. Jan. Jan. Jan. 95 Jan. 18 2% Jan. 12% Jan. 16 14 14 13 5% 40 "40" "50" Sale 1 J* 47% 79% 5,313 12,484 400 10.885 Union Sugar Co common..25 1,123 7% preferred ...25 61 Weill A Co (Raph) pref 100 2,163 Wells Fargo BkAUnTrCo.100 9,490 West Amer Fin Co 8% pf. .10 22% Sale 23 % Sale 3 % 2% 310 0 27% 10% 10 8 * 272.988 435 3,376 No nar com i 10 Yellow A Checker Cab (Cons) Class A series 1 50 value 1% Jan. 6 19 22% Mar. 25 28 28 26 16% Feb. 5% Jan. 29 10 Sale Sale 5 54% 27% 29% Oct. 5 68% Dec. 23 105% 2 Dec. 15 11% Apr. 10 Dec. 9 21 Apr. 93% Dec. 18 131% Mar. 107 Oct., 1 133 July 20% Dec. 14 50% Mar. 13 10 18 10 9 13 118 June 1 Dec. 2 12 290 2% 9% % % 5% 18 12% 6% 9% 17% i§* 10 10 Jan. 102% Jan. 89% Jan. 29 2 6 50 29 29 107 29 Jan. Jan. 6 83 11 131 Aug. 11 19 114 Aug. 13 16 26 5 96 Jan. 1 Jan. 4 1 Jan. 4 Dec. 22 25 10 Jan. 9 25 Dec. 29 3 21 43 Jan. 2 10% Jan. 3% Jan. 13 Dec. 29 Jan. 13 21 Jan. 13 Dec. 29 Jan. 5 45 Jan. 13 3% 45 8% 31% Nov. 30 Nov. 16 9 32 10 10 9% Jan. 25% Jan. 11 7% 7 11 21 20 10 6% Jan. 37% Jan. 10% Jan. Jan. 24 Jan. 2% 13% 10% 11% 1% Jan. Jan. Jan. Jan. Jan. 2% Jan. Sale 15 20 10% 11% 1% Jan. 10% 11% 2% 5 29 2 2 29 2 4 28 29 12 7 Jan. 26% Jan. 50 7 13 Jan. 2 3% Jan. 14 27 102 2% Sale 12 16 6% 17 9% 176 1% 8% Dec. 26% Dec. 29 30 8% Dec. 5% Oct. 2 2} 8 21 3% Jan. 14% Jan. 12% Jan. 7 14 13 15 14 Jan. 15 1% Jan. 28 2 Dec. 8 Dec. 19 Dec. 29 Dec. 10% Oct. 11% Oct. 1 18 Dec. 23 Dec. 16% Sale 6% 9 Jan. 2 Jan. \ 2 190 13 2 Jan. 18 Jan. 13 15% Jan. 5 17% Jan. 7 6% Jan. 5 6% Jan. 20 Jan. Jan. 34% 10% 55 56% 93% Apr. Feb. Feb. July Sept. June 14 5 27 7 7 16 2 13 2 17 19 20% Aug. 19 Mar. 20 July Mar. 28 4 Feb. 17 [Feb. 13 Sept. 2 Apr. 28 8% Feb. 27 69% Jan. 9 7% Aug. 20 . 23% Dec. 22 48 4 18 1 1 Oct. 18 Feb. 11 24% Feb. 13 26% Feb. 13 2 21 4% Mar. 26 Apr. 2 Oct. 27 164% Dec. 28 575 Jan. 10 1% Dec. 28 5% Mar. 16 98 179 5 28 15 Apr. Jan. Jan. 9% Dec. 15 Jan. ... 176 Jan. 5 Mar. 9 Jan. 5 Jan. 20 Jan. Jan. Jan. Jan. 2 6 3% 24 Sale 2 6 16 Jan. Jan. Jan. Jan. 4% 2% 23% 1% Jan. Jan. 15 50 180 9 22 50 102 15% Feb. 4 12% Oct. ..... 3 25 28 10 30 23 2C 25 17 28 14 40 4% 9 2% Sale Mar. 6% Jan. 22% Sale !% Sale 7 2 13 Mar. July July Mar. Mar. 79% 3 18 Dec. Dec. Oct. Dec. Oct. Dec. Dec 11% Jan. 6% Jan. 22% Jan. Western Pipe A Steel of Calif 4,612 8 11% 4% 1% 3% 29% 21% 23% 14 50 214 25% Jan 78% Jan. 83% Jan. 12% Feb. 28 28 24% Sale 268 4 Dec. Jan. 40 41 "14% "is" 151.320 Union Oil Assoc cap ....25 227.301 Union Oil of Calif cap.....25 258 Jan. 21 9% % % 3% k 21 9% 7% 18 102 27 112 29 10 105 Sale % 19 9% Sale 6% 14 Dec. 28 2% Dec. 28 5 10 92 40 3 2 Mar. 28 Mar. 3 25 6% Jan. 10 3 27 7 60 27 Jan. Jan. 1 11 40 102 20 Sale Sale 660 Traung Label A Litho Co A.* """770 10 a* 4 105 89% Mar. 42 5 3,374.086 Transamerlca Corp capital..* 100 2 Dec. 22 5 17 Sale 55 48,217 Jan. 5 4 102 23% Jan. 4% 2% % 100% 102 % 90 108 24 8 89 223,948 ""920 108 6 114% 115 375 765 100 22 50 15.366 Socony Vacuum Corp cap..25 8.885 Sou Pacific Co com (cap)..100 18.148 Sou Pac Golden Gate Co A.* B • 4.938 * 11,571 Spring Valley Co Ltd * 591,041 Standard Oil Co of Calif 230 Telephone Invest Corp cap.20 6,555 Thomas Allec Co _.» • 49.761 Tidewater Assoc OH com Preferred 100 5.913 15.455 2% Sale 12% 12% 98 98% 2% 12 10M; 5*1 Sale 6H 8% 16 16% 37 8% Jan. 10 4% 50 4% 6% Dec. 11 63% Dec. 14 1% Oct. 3 % Dec. 30 8 13 18 ....... 365 100 100 9 108 2 6 7 15% Feb 17 9% Jan 27 12 Feb. 19 17% Mar. 20 17 Mar. 25 8% Mar. 6 9 Apr. 7 1 % Mar. 31 11% Mar. 2 111% July 30 6% Feb. 13 3% Mar. 28 18 Feb. 27 94 Feb. 25 8 Jan. 15 20 Apr. 6 Jan. 52 3 3k 6 39% Jan. 28% Jan. 14% Dec. 22 Pacific Public Service Co— 2.391 % Dec. 28 Oct.. 15 70 7 3* 6 Sale 25 25% 26 % Sale 52 % Sale 6 30 7% Jan. 61% Jan. 1% Jan. 2 62% 16% 3k 12 16 Jan. 13 4 Sale Oct. Dec. 2 Feb. 41 % Jan. 10 10 47 % 101 8%Jan"l2 3 1% Dec. 28 Sale 3 12 19% Sale 5 4% Sept. 22 1% Dec. 22 6 Sale 1 12" 10 9 23 21 12 Dec. 29 June 2 lk Sale 23 4% Jan. 1% Jan. 4 "7% Jan""25 1 2% 17 May 26 20 5 2% Dec. 9 35 13% Feb. 45 Jan. Jan. 38 3k 6 94 Dec. 30 June 8% Dec. 21 9 9k Ik Sale 5 33 10% Jan. 23 13 J* 90 15 21 21 2 Sale 10 463.603 Pacific G A K Co com.. ..25 83.847 5*4% preferred 25 150.284 0% 1st pfd 25 119.746 Pacific Ltg Corp common...* Jan. 4k T* 3 .... No Amer Oil Cons 10 38 9k "2k 16k Corp com. 100 3.950 Occidental Inaur Co cap...10 15.975 Oliver United Filters lnc A..' B 17.965 ..' 1,730 1,370 7VS Sale &H% preferred........100 6% preferred .100 1.864 99.617 10 38 Jan. 9% Jan. 36 27 21 5 6k '63k 6 4 2% Sale" Market S* Ry prior pref...l0C 2d preferred 100 1.330 1.390 30 4 Sale Merc Amer Rlty Co h% pf.100 Natomas Co capital Amer Invest 29 Jan. 20 14 4 * 2,570 Jan. 8 11 k Highest. Sale Prices. 34 12 of Lowest. Sale Price. 3 2k 4% lk 6 Hiyhest. Sale Prices. Sale 40 * """542 Ask 9 6k 34* Sale ioH irA Preferred 6% 100 Cal MachCocom 10 3.968 3.338 No 10 36 9 3 9,382 Marchanf """25 23", 063 6 8% Lowest. Sale Prices. Jan. 30. Ask. Bid. 33 2.132 Honolulu Plant'n Co cap--SO 9.586 Hunt Broa Packing Co cl A.* 571.876 Magna vox Co Ltd Cap 17,279 Magnln A Co (I) com Jan. 2. Bid. 1,913 Hutchlnaon Sug Plant cap (9 2,271 Investors Asan (The) capital * 1,520 Jantcen Knitting Mllla com * 7,964 Langendorf Un Bak lnc A..* B • 4.361 2.545 Lelghton Indua IncclA aer 1 * Class B v t c 2.183 13.615 Lealle-Callf Salt Co cap....' 4.392 L A Gas Ac Rlec Corp 6% pf 100 2.050 Lyons-Magnus A * 460 YEAR 1931. 2 2,845 Hale Broa Store* lnc cap * 5.050 Hawaiian C A S Co Lto cap » 17,656 Hawaiian Pine'pie Ltd com 20 4.896 Home F ft M Ine Co o' Cal 10 40.332 Honolulu Oil Corp Ltd cap * ""285 RANGE FOR PRICES IN JANUARY. Pries 12 Months January. 73 Feb. 9 14% Jan. 17 6% Dec. 28 21 L02 28% Apr. IS 15 Aug. 4 Los Angeles Stock Exch. MONTHLY AND YEARLY RECORD STOCK EXCHANGE RANGE OF PRICES ON THE LOS ANGELES Bond Sales. 1932. 1931. 299,717 729,751 Stock Sales. January Shares January AGGREGATE SALES In 1931. 8,000 '3" 666 5,000 1,000 '2", 000 s~66o 1,000 T665 Los Angeles 554* 554s 1935 Gas A El 5%s '*3 1947 1949 "3" 060 3,000 1,000 2,000 Shares. 310 1,250 400 126 11,400 1,050 1,100 500 300 155 Jan 100 95 98 95 102% Ask. 98 100 91 94 99 93 91 75 93 Jan. 14 10254 Jan. 5 Oct. 19 La Ry Co 1st mtge 5» 1st & ref 5s 1938 77 7954 Jan. 1940 55 59 58 60 60 Jan. 26 MlUer & Lux 7s 1935 20 30 38 1945 Jan. 15 Jan. 93 7 7954 Jan. 7 60 Jan. 38 44 58 26 75 Jan. 15 71 73 68 74% 75% 75 65 71 97 98% 96. 72 98 99%"jaiu~25 .1955 94 96 93% 94% 96 6s 5s 99% 89 85 100 102 102 7 7 88% Jan. '165 15 23 622 1,900 7 12 14 15 Jan. 28 90 89% 91% Feb. Feb. 4 79 82 84 Feb. 98 94 95 97 98 94 95 June 15 Mar. 6 Mar. 6 97 98 94 95 98 99 1961 77% 78 98% 77% 99% 78% 85 87 98 85 87 Dec. Aug. 95% 95% Mar. Mar. 10 Feb. 10 1951 1952 General 5s So Calif Gas 454 5s 1957 55 93 60 102% 103' 102% 103' 102% 1033 5s 1935 9954 10054 103% 104 104% 92 9254 9154 92% 99% 10054 6s. 1942 105 5 54» 1952 6s 1950 So Counties Gas 454* Union Oil of Calif 5s 1968 1945 105% 96 July 96% Jan. 21 97% Jan. 15 9854 Jan. 97% Jan. 99% Jan. 8054 Jan. 99% Jan. 7854 Jan. * 22 5 Preferred 25 10 287 Broadway Dept Stores pf.100 Preferred ex-warrant 100 699 * 14,100 Byron Jackson Co ..25 6,150 California Bank 3,110 California Packing Corp...25 2,440 Central Investment Co...100 Chrysler Corp * 18% 80 Jan. 75 Jan. 78 79% 80 Jan. 75 71 74 75 Jan. 90 93 92% 94 June 92 95 97 102 Dec. 400 11% 12% 20% Sale 70 65 Sjf tti 55 53 4% 4% 3% Sale 50% Sale 5% Jan. 5% Jan. 13 Jan. 21 50% Jan. 50% Jan. 30 4 5% Sale 1% 1% 91% 8% 12% "97% 1% 9% 8% 23 12 59 54 51% Jan. 9% Jan. 20 15 11 Jan. 19 12% Jan. 30 12% Sale 1,906 Commercial Discount 29,200 Douglas Aircraft Inc 5,300 Emsco Derrick & Equip 25 13% 54 59 Jan. 8 57% Jan. 9% Jan. 12% Jan. 15% Jan. 26 11 14 Jan. 55 Jan. 4 10 " * 193 Farmers & Mer Nat Bank. 100 500 Food Machinery Corp * 6 385 23% 8 410 8 8% 8% 9% 9.400 Gilmore Oil Co Jan. 19 8 8% 11% 3 4 404 Goodyear Textllo pref 100 I,984 Goodyear Tire & Rub pf.100 3.322 Hal Roach 8% pref 25 300 common A..25 pref 25 30 Jan. 7 May 26 Jan. 9 250 Jan. 9 Jan. 2 14 Jan. 2 6% Jan. 7 7% Jan. 21 7 14 3 Re-Ins Corp 10 200 (I) Magnin & Co Preferred 100 11 21 32 16 Co 25 2",600 3 6% 6% 4,400 "Boo '2166 400 Preferred ......10 Amer Fire Insur..l0 Pacific Clay Products * Pacific Finance com old.. 10 Preferred series A......10 Preferred series C......10 Preferred series D......10 Com Sale New preferred D Ac 6 6% 3 Jan. Jan. Jan. 6% 6 Jan. 18 6 73 9% 3% Jan. 20 Dec. 31 4 Jan. 26 Nov. 20 15 7 Jan. 18 June 19% Sale 21% 21% Jan. 2 22% Jan. 15 l' 1% 94 Sale 5 30 4% 2% 171 10 Sale 6 Oct. 24 25 Elec 5%% preferred.........25 6% Sale % Jan. % % 5/ Jan. 14 6% Jan. 16 % Jan. 4 100 93% Jan. 5% Jan. 4 115 144 18 23 8 114 6 115 114 Jan. 27 115 Jan. 6 Jan. 16 27 12 19 15 "15%. Jan""20 25 5% 16% 8 7 8 8 10 6% Jan. 4 7% Jan. 7% 10 31% 24% 6% Jan. 23 6% Jan. Sale 10% 11% 8% Sale 9 95- 6% 8 47% 48% Mar. 30 7 6% 6% 33% 24% Sale 10 7% 10 33% 25% 6% 6% 33% 24% 15 15 23% Mar. 25 Mar. Mar. Jan. Apr. Mar. Mar. Apr. Jan Mar. 89 June 80 Feb. 8 Aug. 8% June 20 19 26 6 16 4 2 6 15 19 3 18 1 23 2 13% Sept. 17 Jan. 2 21 Jan. 33 18% Feb. 3 7 % Mar. 19 Jan. 13 6% Jan. 14 75 Jan. 3 Lll% July 30 Dec. 18 10% Jan. 27 Aug. Sale 14 10 com..25 1st Preferred............25 Jan. Sept.18 3 " 95 % 43 28% 2 Dec. 31 Feb. % 5 3 Sale 80 Sale 24% 25% 94 90 Mar. 19 1% 162 15 Jan. 52 Dec. 31 3 105 Dec. 77 Sept. 19 18 21% Mar. 10 2% Dec. 31 55 Mar. 9 13 Jan. 5 22% Jan. 2 75 Jan. 21 80 Apr. 0 7% Feb. 24 94% Feb. 20 36% Apr. 13 23% 6% Dec. 31 592% Dec. 31 30% Oct. 22 5% Oct. 26 18% Oct. 5 20% Dec. 21 20% 8 6 13 20 .20 10 new Gas 50 Sale New preferred A........10 New preferred C........10 Pacific 77 ... Guar Co 100 95 Nat'l Bank of Commerce..25 Pacific 7% 50 3 60 6 100 1,390 Mortgage 8,450 2,100 52,900 25,000 18,000 II,200 48,900 4,450 6,200 2,100 30,800 12,346 2,432 11 25 com ........ 665 20 66 ..... 1,400 Monolith Port Cem com....* Pref 2,618 1,422 Moreland Motors common..10 1 265 13 * 1,546 Lincoln Mortgage com......* Preferred 5,005 1,842 Los Angeles Athletic Club.10 345 LosAngelesBiltmore 8 % pf 100 8,546 LosAngelesGas&E16% pref 100 22,600 Los Angeles Invest com.. 10 Petro 8 1 3 Jan. 8 Sale 9 7 5 Oct. 11% Jan. 27 3% Sale 250 250 93 80 8 9 Dec. 28 2 Dec. 30 9% Jail. Sale • 3 200 14 "25" 1 8% Dec. 31 Dec. 21 10 Feb. 23% * Globe Grain & Milling com 25 Golden State Milk Prod..25 Oct. 13 27 12% 55 7 Dec. 21 2 57% 10% 23 56 58 81 Sale * Dec. 22 Jan. 80 16 10 5% Dec. 5 2% Dec. 31 Mar. 19 3% Dec. 30 3 Dec. 23 75 80 22,300 MacMillan Oct. 55 Bank..20 100 Jantzen Knit Mills 1,600 7 Aug. 25 Mar. 6 July 10 May 15 Mar. 25 14 80 71 19% 62,500 Claude Neon Elec Prods Ltd * 38,000 International Nov. 23 78 25 14 6 5 Mar. Mar. Dec. Feb. 100 Oil Dec. Oct. Dec. 22 11 * common National Dec. 7 15 Par. & Electric A 130 Honolulu Oil Co Ltd 740 3 10454 Mar. 11% .1954 2.557 Home Service 8% 6,900 6 10354 Mar. 77 97 5s Hancock 29 Mar. 87 5s 34,200 2 15 1939 Sou Calif Edison 5s 9,400 Barnsdall Oil A....... 142,400 Bolsa Chica Oil A 10,553 1,751 Oct. Nov. 104% 635 Foster & Kleiser..........10 200 Feb. 27 106 110% Sept, 15 104 94 1949 Citizen's Jan. 5 4 10154 103 1944 6s 5s Assoc Gas 96 88% Jan. 100 86 99 87 1941 6s 2nd 98% 1952 1957 554s 454* JanT"25 7 Feb. 106 9454 Apr. 10 6 3 Apr. 10 l9fk* May 27 99 Apr. 22 Apr. 22 Dec. 18 113% June 17 Oct. 9954 Jan. 102% June 106% May 12 Feb. 4 Feb. 4 102 Feb. 26 9254 Feb. 20 62 ...1956 Pac El Ry 1st mtge 5s .1942 Pacific Gas & Elec 5s....1942 Sale Prices. Nov. 27 105 July 0 Oct. 30 9354 Apr. 8 Feb. 20 80 June 4 Mar. 13 102% Jan. 16 19 42 Nev Cal Electric 5s YEAR 1931. Highest. Prices. June 5 Feb. 4 Feb. 5 Feb. 27 Dec. 18 99 100% 101% 10154 Jan. 99% 98% 78 75 Lowest. 99 98 102 1961 Highest. Sale Prices. 100% 101 95 99 Lowest. Sale Prices. 30. 98 101 STOCKS 12"856 98 105 10554 104% 107% 10854 102 5s 20 100 2. Ask. Bid. 1939 340 Barker Bros 2,400 . 1942 Shares. 9,800 Bid. 5s 2.000 Sierra & San Fran 1st 5s. 1949 12,000 2,000 Jan Ask. 6s 41,000 Richfield Oil 14,000 36,000 23,000 11,000 7,000 16,000 69,000 6,500 20,000 87,000 37,000 22,000 30,000 RANGE FOR 2 1931. Bid. Associated Oil 6s.... 1930. 2,800,500 623,500 PRICES IN JANUARY. BONDS $ 26,000 1,000 7,000 2,000 24,000 5,000 27,000 23,000 12,000 6,000 2,000 2,000 28,000 10,000 2,000 13,000 5,000 8,000 Jan. 1 to Dec. 31 Pries Jan. 12 Months January. 1930. 9,171,442 LOS ANOELES STOCK EXCHANGE $14,000 $47,000 1931. 1931. 5,450,543 Jan. 1 to Dec. 31 1931. 1932. ^ ___ '■ 32% Jan. 25 Jan. 5 22 35% Jan. 15 Jan. 11 26 Dec. 17 6 Feb. 19 7% Nov. 25 65% Nov. 27 4 Feb 3 4% Apr. 1 % Sept. 10 3 Fen. 19 L65 Feb. 18 25 Feb. 14 29 June 22 25 Jan. 13 16% Feb. 18 11% Feb. 2 9% Feb. 1 10 Apr. 10 13% July 11 11% June 2 8% June • 9 10 May 20 54% Mar. 10 29% July 9 27% Aug. 12 ANGELES LOS aggregate sales. V-;*:: $-A In January, Shares. 900 30 1,250 400 """700 900 30.800 6,800 ""766 100 5,200 ;147 1931. Par. * 16,600 Pacific Lighting com 624 6% preferred. — * 37,350 Pacific Mutual Life Insur.10 2,900 Pacific National Co.......10 * 18,700 Pacific Public Service K New ....................m* 7,500 Preferred .....* 8,000 100 230 Pac Tel & Tel common 97,400 Pacific Western Oil Corp..* * 2,000 Petrolite Corp 22,500 Pickwick Corp com—....10 10 28,800 Republic Pete Co -* 709 Republic Supply Co.. 322.200 Richfield Oil common......* Preferred * 112,800 247,800 Rio Grande Oil.............* 5,172 San Joaquin L&P 7% pr pflOO 0% prior preferred..._100 1,010 Seaboard Dairy Credit com. * Preferred 100 70 651 Bid. Jan. Ask. 515* 52 % 100% 101% 55 60 1 154 100 11,300 1,800 300 16", 165 411 3,100 11,700 6,200 1,100 24 4,900 61,200 1,144) Seaboard National Bank..25 646 Seaboard Nat'l Secur Corp 25 130,850 21,700 Sec First Nat'l Bank L A..25 Shell Union Oil com 16,100 Signal OH 8c Gas Co A 1,100 277.600 2,862 48,200 93.900 81,600 6,717 1,672 1,751 2,850 497,700 20 55,900 122 13,500 20,700 25 Southern Pacific Co Standard OH of Calif com.... 95 % 35 , % 37% 92% 35% % Ask. 38 St>* 37 •' 7/* 37% 93% 3254 % Lowest. 10% 25* "2% '"3" 10% 12% 12% Jan. Jan, Jan. Jan. 20 28 5 7 Sale Prices. 40 Jan. 15 95 Jan. 14 36 Jan. 25 % Jan. 11 "2%Jan"""6 "2%Jan" "19 11% Jan. 7 12 Jan. 20 ----- 7 Sale 4 l".45 27 8, Sale 115 103 2 5% Jan. 14 14 5 % Jan. 1% Jan. '"% % Jan. % Jan. 2 104 103 Sale 94 7 26 Jan. 6 103 Jan. 97 Jan. % Jan. % Jan. 2% Jan. 9 108 12 97 Jan. Jan. * 2.038 Title Ins 8c Trust Co ..25 1.404.800 Transamerlca Corp....... .* 1,440 Union Bank 8c Trust Co. JL00 25 303,100 Union OH Associates 25 334,000 Union Oil of Calif Van De 2 Dec. 15 10 100 Dec. 11 Dec. 10 3 10 Oct. June 24 % June 23 14 1 SeDt. 23 14 26 15 7% Nov. % Dec. % Dec. 1% Dec. 19 12 30 37 5* Sale 37 k 40 81 Sale 85* Sale 35 101 20 21 30 15 Dec. Dec. 101 30 40 155* 18 H "3754 "44."" "36"" "44"" 43 35 Sale 5954 5754 351 2% Sale 354 35* 5 5 6 46 % Sale '3054 "30k 43 2654 28% 21% 23 % 38 2754 2m 22% 25 '11% "91% 47 5* Sale 16 3054 24% Sale 155* 40 "92" 32% 22% Sale 11 35 57 3 Jan. Jan. 4 5 4 5 Jan. 37% Jan. 37% Jan. 13 59 Jan. 14 3% Jan. 12 4 Nov. 58 com 29ji~Jan" "4 32 Jan. Dec. ! May ! 37% Jan. 39 Apr. ! 2% Dec. : 10 200 Victor Oil Weber Showcase 8c Fix pfd * 5.400 Western Air Express......10 9,800 Western Pipe 8c Steel Corp. 10 20 Jan. 5 43 Jan. 5% June 27 Jan. 4 27 K Jan. Jan. Jan. 14 24 Jan. 5 24% Jan. 4 90 Jan. 4 91% Jan. "26 2954 Jan. 22% Jan. 7 30 J 11 23 37 Jan. Jan. Jan. 19% 20 2254 Sale 23 54 Sale 5 10 35 60 5% 42% 14 L 1 14 2% Sale 325 11 3 325 Sale 9 52% Sale —— 8 Jan. 50 Jan. 2% Jan. 325 Jan. 13 8 15 55 7 3% 4 325 10% Sale 11% Sale 10% Jan. 29 11% Jan. 29 "7% "15"" 12% Sale "7KJan"Ii Jan. Jan. Jan. Jan. 125* Jan. Jan. 13k IIIII "30" Feb. 24 Mar. 3 20 13 18 22 21 19 4 10 6 154 Feb. 11 7 7 4 325 Jan. 1054 Dec. 15 3 i 5 15 3 7% Jan. 'II 16 17 15% *5 Jan" 27 "5% "Ja^ 5 Mar. 25 5* June 26 [> Jan. 19 Oct. Dec. 27 15% Feb. 13 15* Nov. 19 Oct. June 8 Feb. 25 Feb. 26 Jan. 16 15* Feb. 13 11% Dec. 15! Nov. ::::: "5" 4 1 13 54 154 - 22 Feb. 19 1% Dec. 80 95 * 13 54 Sale 325 21 \1% Aug 18 J July 23 75* May 14 1% Aug. 26 7% Sept. 1 5 Aug. 18 \% Aug. 28 21 25% Jan. 5 15* Feb. 26 15 24k 5 20 754 Feb. 17 4 23% Jan. 30 21% Jan. 30 Jan. 7 2 9% Jan. 27 10% Feb. 21 0 15 40 ....25 Kamp Hoi Bakery. _25 2% Mar. 13054 Aug. 13 1105* Sept, 4 % Aug. 21 0 Apr. 11 0 May 27 5% Sept. 18 75* Aug. 26 55* Feb. 2 16 Jan. 12 30 18 Feb. 1.35 Jan. 3 Sale" 27% 27% 23% Sale 21% Sale 24 25% 87% 31% Jan. 3% Jan. 3754 58 % 2% 35 57% Mar. 20 Aug. 27 58*4 Jan. 8 2 Apr. 1 27% Feb. 26 10% Apr. 13 18 H Apr. 24 12654 July 7 15% Feb. 20 Nov. 16 105 97 % Aug. : ..100 ...25 37% Oct. 32% Dec. 31 % Dec. 29 185* Jan. 19 14 % Jan. % 102 Bale Prices. 11 65* Sale 114 101 JanT" % Jan. 5 55* Sale 7 "4 11 "jg "~i% '"ii 1.251.425* 19 "5% Sale 10 Tffi Highest. Sale Prices. Highest. Sale Prices —25 Preferred— 4,838 300 Sale 90 "1% 7% preferred...........25 6% preferred...........25 5H% preferred.. ....25 Sou Calif Gas 6% pref....25 6% preferred A.....—-25 Sou Counties Gas 6% pref 100 8,600 Taylor Milling Corp........* 1,600 39 32w Lowest. Jan. 30. Sale 19 Original preferred......25 400 Union Sugar Co """166 2. Ask. Bid. 25 B 1,432 Superior Oil 100 ....* Sou Calif Edison Co com—25 100 Bid. Ex warrants......100 Pref 10 150 YEAR 1931. 2 .... """500 RANGE FOR Price Jan. STOCKS Shares. 75 EXCHANGE PRICES IN JANUARY. LOS ANOELES STOCK EXCHANGE i2i^r STOCK 15* Apr. 13 3 Apr. 13 Jan. RIGHTS— 73.500 Pacific Gas 8c Electric. 99.600 Pacific Mutual........ 381,100 Sou Calif Edison •1." A 1.80 Jan. 1.25 Feb. 19 154 15 Jan. 6 254 Mar. 9 1.45 Jan. 31 2"i« Mar. 10 Pittsburgh Stock Exchange MONTHLY AND YEARLY RECORD PITTSBURGH STOCK. EXCHANGE RANGE OF PRICES ON 1931. 1932. Shares January. 1931. Jan. 1 to Dec. 31 1931. 5.030 Amer Amer 770 135 70 715 m Arkansas Nat 10 Preferred Blaw-Knox Sale 10 Sale Sale 2 4H 8 2K Jan« ' 4K Jan. 7*$ Jan. snsolidated """121 Preferred. 950 7K Sale 2 2*$ Sale 10 Jan. 28 18 4h 16A IK 1 IK 10*$ 7*$ Jan. 2 8*$ Jan. 9 7*$ ~~8K 10 6 4*$ 26,529 3,864 mmmmmm mmmmmm 100 900 3 Jan. 5*$ Jan. 21 Jan. 8 27 8*$ Jan. 27 5 270 Jan. 7 50 Jan. 7 10 Jan. 5 14 Jan. Jan. 29 29 60 Jan. Jan. Jan. 25 13 13 10 13*$ Sale 58 65 58 Sale 10 14 145 100 4 *$ 2*$ 2K Sale . 3 2 13 Sale" 24 K 8K 36 .50 Sale 26 18*$ 1,035 900 m m m 1,899 500 150 40 1,015 • Jan. 5 1 58 Sale Jan. 9 Jan. 7 7 8 6 24 Aug. 12 5 Aug.. 5 3*$ Jan. 3 Feb. 11 July 1 Jan. 2 30 Dec. 29 Jan. 2 11" Feb. Jan. 24 6 4 Apr. 9 Mar. 4 Mar. 9 25 May 21 15 May 20 8 Oct. 2 400 May 11 450 9J$ Sept. 29 13*$ 19 19 Jan. 19 40 10 65 __ 75 Dec. Jan. 27 56 55 8K Jan. 5 61 Jan. 28 1 50 Sale 75$ Jan. 4 9*$ Jan. 14 Jan. 12 Sale 15 Sale 13*$ Jan. 27 75$ Jan. 29 Jan. 12 19*$ Jan. 9 1 10 ~8~~ Sale" 9 Jan. 15 Mar. 31 32 15$ Mar. 17 29 Feb. 48 5 Apr. 1 Feb. 14 37 Apr. 6 1 Oct. Dec. 165$ Dec. 7 1 " Aug. 25 Dec. 30 27 11 10*$ Jan. 20 Jan. 23 7c 7c 10*$ Jan. 7c Jan. Jan. 6 13 21 10 23 10c Mar. 28 June Nov. 13 m v* 3*$ Jan. 7*$ Jan. 6 11 Sale 19 Sale 3*$ IF" Sale 15 10 June 26 Nov. 13 Jan. 11 2*$ June 11 7 Dec. 16 12 Jan. Dec. 18 19 Sept. 11 Nov. 6 38 Oct. 5 13*$ Apr. 3*$ Mar. 1*$ Feb. 42*$ Feb. 155$ Feb. 19 3*$ Jan. 22 3 Oct. Jan. 12 1 Jan. 12 1 May 12 5 4 19 3*$ 17*$ Jan. 3*$ Jan. 4 65$ Jan. 7 17 K 18 Jan. 2 4*$ Jan. 18 7*$ Jan. 14 1] 17] 6 Oct. Oct. Sale 1 10*$ 2 1 1J$ Feb. 9 Jan. 5 1*$ Jan. 10*$ Jan . 12 2 12*$ 3 5 Jan. 19*$ Feb. 21 17*$ Jan. 23 24 6 Mar. Sept. 19 Nov. 25 31 Mar. Mar. 10 40 Mar. 10 15 Oct. 38 Feb. 1 18*$ Jan. 1*$ Jan. 5 29 23*$ Jan. 19 1 13 Jan. 18 14 Jan. Jan. 6 13*$ 15$ 20 14 3 Jan. 11 3 Jan. 11 2 7 16 2 Jan.' 15 12 6 Aug. 27 Dec. 8 June 22 Dec. 15 24 Dec. 29 9 Sale 203 May 14 Sept. 10 May 12 6 729 90 93 .100 2 14 6 10 27 24 10 23 1 "14" 8 26 18 12 1*$ Jan. 29 July 29 12*$ Feb. 27 13*$ Jan. 18*$ 12 32 H 90 1*$ Jan. 10 40 21 Jan. 6*$ June 24 40 3c Sale 40 5 6 Sept. 25 1 lc Sale" 17 lc 1*$ lc 7 24 40 40 10 Dec. Sept. 29 2175$ Jan. 9 10 I Feb. 3 15 Manufacturing. 1 4 6*$ Sale 6K 14 Preferred Apr. 20c Jan. 10c 31 7*$ Jan. 4 35$ Jan. 3K Sale 34 H 289 Jan. 6] 37] AH 10*$ 1 16,051 5,0151 1,733 1,555 12,051 1,257 20 Jan. Jan. 20 26 26 33 10c 8H 14,700 47,722 7,383 16 5 16 90 .100 Preferred. Feb. May 14 Jan. 13 _ Mar. 14 31 __50 10 Feb. 5 June 1 Sept.11 5 June 30 May 20 Dec. 18 122*$ Apr. 7 300 Jan. 8 Jan. Dec. 23 102*$ Mar. 21 2 Sept. 22 May 29 135 15 Sept. 21 1 ... May 19 27 Jan. 5*$ Dec. 16 40 .... ..50 19 Mar. 6 Jan. Apr. 28 Apr. 28 185 Jan. 20 20*$ May 25 75 Aug. 11 Mar. 31 13*$ Dec. 22 44 May 14 110 2 27 40 25c 15c Preferred 21 Feb. 17 Feb. Dec. 30 5 69 Jan. 137*$ Preferred.. 530 Dec. ?* Aug. 12 Aug. 5 May 19 11 7K Dec. 23 12*$ Dec. 29 17 7K Preferred. Ittsburg Brewing 901 mmm Apr. 24 120 6 9 80 1 400 'mmmmmm Jan. 1 32.476 2,080 • 20 13 2001 912 8 Jan. 889 mrnmmmm Jan. 300 55 99*$ 5451 mm Jan. 25$ Jan. 3 80 80 119 Jan. 2*$ Jan. 2 Sale 300 54,354 47,028 — 10 12 Jan. Jan. 101*$ Aug. 17 101*$ Aug. 17 2 51,685 4,185 1,320 30 29 102 -50 .100 7001 625 mmmmmm 30 7 Dec. . 110 90 ..50 Preferred. 5,026 3,538 50 14 1 Vs Dec. 29 Oct. 5 14 Aug. 10*$ Mar. 6 15 110 May 19 110 Jan. 27 375 375 251 mrnmmmm 6 Mar. 19 15 725$ Mar. 17 Mar. 19 8 21 21 5 65 .100 Preferred, 1,860 'mrnmmmm 21 32 75,407 3,0951 7,699 2,446 1,137 2,0001 19,000 1,350 9 10 2,685 mrnmmmm 8 8 Jan. 10 5501 75 Jan. 14*$ Jan. 5*$ Jan. 4*1 Jan. 4 100 25 J ■„mmmrnm 8 19 600 * Preferred. Preferred 4,022 2,740 567,176 - 25 12 (Pgh)lOO [idependen m 7 75 185 10 mm 200 2 Jan. Jan. 8*$ Jan. Sale ..... 12,162 3,208 2,070 ■ 1*$ Jan. Nov. 28 20 985 50 3 50 100 690 25 27 Jan. 8 3 "is" 214 1 1 27 72*$ Dec. 29 25 Apr. 15 26,289 mrnmmmm Jan. Jan. Sale 42,906 100 230 rnmm 3 1 13*$ Jan. 7 *$ Sale 33*$ 622 1 1,275 18 6 Sept. 29 30 50 Ice 6 6 First National Bank 10 Dec. 30 2 3u 515 " Jan. 75 634 100 Duff Norton Mfg. 40 mm 2 22 2K Jan. 5*$ Jan. ........ 955 Crandall McK & Henderson.* 11,081 Devonian Oil.............10 67 Diamond National Bank..100 mmmmmm Dec. 100 7*$ Sale ' 30 mm 28 130 35 10 mmmm—— 'm IK 4K 100 Preferred. Feb. 16 10 20 "9 H & Electric...* 112 mm 12 Jan. Sale 65$ 23 300 mrnmmmm m 10*$ Jan. 26 Oct. June June JO* 7 Prices. 46*$ Feo. 1 100 1 330 Dec. 30 50 18,690 1,330 125 21 40 Jan. 25 Co Dec. Oct. * ... preferred 100 200 Calorizing lnc pref—......25 28,285 Carnegie Metals Co.......10 """320 10 330 10 10 10 12 Citizens Traction.........50 m 2 10 Byers (A M) 247 11.734 m Jan. Sale 13 Sale 1*$ 14 1 21 Go...... Highest. Sale Prices 100 5 hi Gas Corp Armstrong Cork 67.805 2.804 m..... m 13 3 ....... """"" '.m 20 41 Preferred. 200 81 Bank of Pitts (N A) mmm m m mmm Jan. 100 15 Auto Finance Co ■■^mmmmm mm 10 Sale Prices. ..50 Vitrified Prod YEAR 1931. Lowest. Sale Prices 100 ... Preferred 8,296 23,780 31,576 650 m 13 Sale 110 Am Window Glass Go pref.100 mrnmmmm ■ 11 Ask Highest. Lowest Jan. 30. Bid. * Growers.... Fruit Preferred 306 mmm m * American Austin Car 9,875 mm'mm 559 ^ Ask Bid. 10 ' —.100 10 Allegheny Trust Go • 8,905 Aluminum Goods Mfg 'mmmmmm Jan. 2. Ask. Bid. --—.100 Preferred 10 mm+mmm RANGE FOR 2. 1931. Par 6,890 Allegheny Steel 710 «• m mm STOCKS Shares. Shares. 284,000 PRICES IN JANUARY. Jan. 12 Months January. 1930. 100,000 Jan. 1 to Dec. 31 Price STOCK EXCHANGE In $9,000 1931. PITTSBURGH AGGREGATE SALES, 1931. $2,000 January.. 3,542,446 1,624,964 1932. Bond Sales. • 120,777 1930. 79,165 3c 5 26 2*$ Mar. 26 Apr. 17 7*$ Feb. 16 35 Mar. 2 90 Jan. 2 35 10 May 22 Mar. 12 93 Jan. 40 Feb. 6 , 2 UNLISTED. 95$ Jan. 271 M, M. - «. _ - 1,500 245 mrnmmmm mmmmmm mmmmmm 6,310 5 3,926i 35,6001 2,6301 20 105$ Jan. 28 10 5*$ Oct. 25c 76" Jan. 8 25c Dec. Jan. 75 Jan. 7 75 10c Dec. 10 75 30c 75 50c Jan. Dec. 15 10 25c Dec. 10 5,745 8221 100 168,463 Units * i^est Public Service v t c __* 11H Sale 3*$ Sale 4*$ Sale 3*$ Jan. 4 4*$ Jan. 9 Dec. 2*$ Dec. 17 1 *$ Apr. 7 Mar. 25 108 2 June 3 Nov. 17 Dec. 30 14*$ Feb. 20 BONDS. mmmmmm $2,000 ' mmmmmm • 31 $7,0001 2,000 52,000 12,000 1,000 No par value, x 102 80 & Gae 6s.. 1030 Ex-dlvldend. c Cash Sale. 55 Jan, 23 56 Jan. 27 June 24 315$ July 1115$ June 11 1125$ Mar. 74 Dec. 11 82*$ Mar. 80 Jan. July 28 95 90 Aug. Sept. 1 92 30 31 31 5 17 In the earlier part stock exchanges of records of the dealings on the leading of this publication complete date, are furnished. In this department of General Quotations we combine in one comprehensive whole, securities of all classes and descriptions, not only those dealt in on the exchanges, but also leading unlisted and inactive securities. The following is an index the latest month and for the calendar year to the country, for to the different classes of securities quoted: .77 Steam Railroad Bonds.. 81 99 Joint Stock Land Bank Stocks 99 Federal Land Bank Bonds.. 100 Real Estate Bonds .....108 nvestment Trust Stocks and Bonds......82 Steam Railroad Stocks Joint Stock Land Bank Bonds... ... Public Public Utility Stocks... Bonds.. Industrial & Miscellaneous Industrial & Miscellaneous Stocks... Textile Manufacturing .94-120 Real Estate Trust and Land Stocks ..90 Title Guarantee and Safe Deposit Stocks—95 United States and Municipal Bonds 100 Canadian Municipal Bonds —...102 Insurance ..94 Stocks Stocks and Scrip— ... ..101 Bonds Foreign Government ..94 Mining Stocks preceding the date of issue. As the New York Stock adopted the same method and no longer employ a designating will understand, therefore, that unless the letter "f Is prefixed This, however, does not apply to income bonds or bonds in default. In which cases possible for the closing dag of the month 2 1909 to quote all bond prices "and Interest," we have where there is a deviation from this rule. The reader Interest in addition to the price. there be any. prefixed to bond prices denotes that the quotation is a flat price, he must pay accrued price includes the interest, should The letter ..91 ..95 .93 Exchange Seats Quotations from all Stock Exchanges are as near as Exchange began with Jan. the 83 88 Utility Bonds....... mark to Indicate the fact except to the Page Page Pago therefore the purchaser does not have to provide for It price—that Is, that the accrued interest forms part of the price, and already stated in the case of income bonds and bonds in separately in making payment. As Is employed to indicate the fact. Is always "flat." and no designating mark default, the price Quotations for equipment bonds are based oil average maturities "and dividend"; that is, the accrued dividend must be paid in addition to the Quotations for guaranteed stocks are price. Stock prices marked stock prices, which are quoted per share unless otherwise stated. It should be borne in mind in the use of tbewe tables that the quotations for many inactive and unlisted securities are merely nominal, but in all cases the figures are obtained from sources which are considered reliable. The following abbreviations are often used, viz.; "M" for mortgage, "g" for gold, "gu" for guaranteed, "end" for endorsed, "cons" for consolidated conv" for convertible, "a f" for sinking fund. "1 g" for land grant, "op" for optional. The black-faced type In the letters showing the interest period Indicates the month when the bonds mature. All others are per cent except bank thus (d) are per share. Bid. Bonds. RAILROAD BONDS guMAS 1942.JAD 80 A..AAO 1945 ser B AAO 45 55 44 V* Gen 1st g 4s July 1948 JAJ Atl A Danville 1st 4s 1948—-JAJ 74 —JAJ 20 29 50 96 V* Atl A Yad 1st gu g 4s 1949-AAO Aug Term 1st gu g 6s 1947—AAO Aus A NW 1st 5s g 1941 JAJ Augusta Union Stat 4s 1953-JAJ Bait A Harris g 5s 1936 MAN 1st M West Ext g 5s 1938 MAN 26 60 2d g 4a 1948 Southern— 1st cons g 5s 1943 ser 1st cons 4s 1943 ser B A—j<kij JAD Alabama N Orl TAP June— "A" deb 5s g 40 red '10.MAN If 90 5s 40 red '10-MAN (f 90 5s Nov 1 1940-/ " ~ If 86 "B" deb g "O" deb g 95 10 16 1948 Gen Income 6s Oct 1948Alabama A Vicksburg RyPrior lien 6s Albany A Susq 3 Vis gold 95 91 72 67 70V* Ad 37 31 39 28 30 85 71 35 75 60 1998.-.1 Amer Dock A Impt—See Ind A M laceli— 255i Ann Arbor 1st g 1995 West A1 A 4s guar Eq tr 6s 1932-35 Ark A Mem Ry Brge A 34 Vi 95 90 (s-a)--JA. 85 90 Spartanburg—S U Ool 1st M g gu 4s 85 V* 75Vi 75 Vi deb 90V* 4 Vis 79 79 915* 80 Oonv 80 73 77 Vi 74 Vi 09 due 55 op . 4s of 1905 due '55-^ 86 89 78 90 Vi 128 865* 1} 118 Series B. 84 Vi / Air Line— 51 89 Vi 87 AAO 40 Atlanta Terminal 6s 1939...FAA Atlantic City gu 4s 1951-—JAJ 90 97 1st M 1938 53 6.50 6.50 6.50 6.50 61 6Vis 1929 extd as JAJ JAJ 1937 MAN Jan 1943--AAO St Johns Rlv Ext gu 5s '39.FAA Van Bur Ext 5s g Jan '43. AAO 70 5% 6.50 75 56 V* 61 Vi Big Sandy Ry 1st g 4s 1944.JAD Blrm Term 1st g 4s 1957 gu.MAS Bluff Point Land A Imp—See In 1952—MAS 72 76 Ool tr g 4s Oct 1 1952 op.MAN Oonv deb 4s 1939 op 1916MAN 57 Vi 75 60 Vi 85 58 5s July 1 1938 JAJ 4Vis July 1937JAJ 4 Vis Impt 1978 FAA 4s May 1 1933 gu N Y O.MAN 4s May 1 1934 gu N Y O.MAN 4s May 1 1935 gu N Y O.MAN k Basis. 7% k Last sale. I London, « m 4l*s July 15 m 6s 1933— g 70 89 75 60 6.25% 6.25% 1955-FAA Lynn— 1947.JAJ15 JAJ 15 1938—JAD 92 77" 85 95'. 80" 85 80 90*' 96 Vi 1938 JAJ Buffalo Greek 1st 6s 1941 JAJ 1st ref 5s 1961 -JAJ Bluff Point Land A Impt—See In Buffalo Rochester A Pittsburgh— General 5s g 1937 MAS Oon g 4V*s 1957 ; MAN Eq 6s ser K 1933 (s-a) FAA Buff A Susquehanna RR Corp— 1st 4s Dec 30 1963 JAJ - 55 Burl Oedar Rapids A North— Oon 1st A coll tr 5a g *34.-AAO 87 Oam A Clear—1st 5s g 85" 95 FAA 1941-JAJ Butte Anaconda A Pac 5s'44 4s 1955— FAA Oambrla A Ind 1st 4 Vis '68. _JAJ Eq tr 5Vis 1932-38 (year) MAN Canada Atl 1st 4s 1955 JAJ Oanada South 5s 1962 ser A_ AAO Oan Nat Rys 4 Vis 1954-MAS 15 4 Vis 1957 JAJ 4 Vis 1968 JAD 4 Vis guar 1956 FAA 4V*s guar 1955 JAD 15 40-yr 5s guar 1970 FAA 5s guar 1969 JAJ 5s guar 1969 AAO Eq tr 4 4s 1932-1942 (gu) MAN Eq tr 4Vis 1932-45(ann)__JAD Canadian Northern— Gen M g 80 84 75" 85 5* A Ml scell. 54" 58" 94Vi 90 95" 5 F deb 7s 1940 8 F deb 6 Vis Nominal. 1946 JAD JAJ 10-yr g 4 Vis Feb 15 1935-FAA Winnipeg Term 4s 1939 JAJ 6% /This price Includes accrued interest, 1st 63 Vi 75 A 4V*s 1964.JAD F«b 1936 fvear) FA A ft Boston Rev Beach A 6.25% Brun A West 1st 4s JAJ Boonville RR Bridge 4s *41-MAN Boonville St L A Sou 5s '51 -FAA Boston A Albany 5s Oct '63.-JAJ 5s June 1942 JAD Bos A N Y A L 1st 4s Brook A Mon 2d 5s RR A Stk Yds (Ind'p'lls)— MAN 73 74 m 67 Vi 95 gold 5a 745* MAS i.MAN 45*8 1961 ser JJ AAO 6s Mar. 1 1932 Series Eq 4Vis 1932-1943 (yr)—AAO Bost A Maine (old) 4 Vis JAJ 4s Feb 1 1937 FAA 4s Aug 1942 .-FAA 3s July 1950 JAJ 6s Jan 1 1933 JAJ Equip 5 Vis 1932-1937(yr) FAA Eq tr 6s 1932-38 (year) JAD Wor Nashua A Roch 4-6s 1945 4s Oct 1 1934 AAO 1st 90 Belt Ry of Ohatt 5s 1945...JAJ Belvidere Del 1st 3 Vis 1943—JAJ 88 1943 1943 5s May 1940 1st m 5s 1967 ser AO 1st m 5s 1955 ser 2 78 70 1927 May Gen _ 80 Eq 6% '39--FAA 1936 JAJ Ext 3V4s 1951-AAO Bellingham Bay A British Ool— 1st g 5s Dec 1 1932 JAD Line Oo of Oonn Oerts Indebt 5s irredeem_JAD / Atlantic Ooast Line RR— Gen unlf ser 6% 3s '89 JAD Bay O A B O 1st M g 3s 1989.JAD Bedford Belt 1st 5s 1938 JAJ Beech Or 1st 4s g gu 1936—JAJ Atlantic Ooast 1st cons 4s July 1 6% 6% 6% 89 78 76 % Ext 5a Bolivia Ry 1st 5s Bay— 38 6s. 75 1st ref gold 4s 1939 ' 75Vi 1st 53 Vi 61 73 25 86 Atlanta A St Andrews 80 Vi 59 2d guar Beech Ork 6s 5s Jan 52 1959-JAJ - 5s Mar 1942. 79 V* — 85 - 5s Apr 1944 5s June 1945 62 1960 FAA 1995 series A.JAD Ref A gen 6s 1995 series O-JAD Ref A gen 5s 2000 ser D-.MAS Eq tr 4Vis 1932-40 (yr)__MAN Eq tr 4Vis "33 '41 O (yr)--FAA Eq tr 5s 1932-37 (yr) FAA Eq trfSs 1933-38 (yr), FAA Eq tr 6s *33 "35 (yr) _JAJ 16 Pittsb Lake Erie A W Va— Refund gold 4s 1941-w.MAN 8 W Dlv 1st 5s 1950 JAJ Conv g 4Via Ref A gen 5s Belt Athens Terminal Ry— Atlanta A Charlotte lOOVi 82 Vi 92 5* Washburn Ext 1st 5s 1947-, 85 81 5* 92 Bat Oreok A S 1st gu g April 4s 5a 57" Piscat Dlv g 5s Fe— Oonv g 4s of Oonv g 88 80 Bangor A Aroostook— 1st M 5s g Jan 1 1943 Oons refund g 4a 1951 Ask. 5s Jan 1946 1st M 4s g July 1 1948—AAO 1st M 5s July 1 1948 AAO Oonv 4 Vis 1933 red 1923-MA8 Medford 1955—-JA Atchison Topeka A Santa ,30 95 90 Toledo A Oin Div 4s Term- 80 Ashevllle A 25 % Baltimore A Ohio— 3 1946 (conv before 1916) gu Alleghany Corp— 6% 6.50% 42 V* Gen A ref 6s 1945 ser Gen A ref 5 Vis 7% 6.50 Atlantic Ooast Line of S O— Ak Oant A Youngst— (Concluded)— 3 Vis Jan 1 1951 -JAJ Ref 3Vis 1952 gu N YO..AAO Boston A Lowell 4 Vis Feb '33-JAJ Boston A Maine (new) 5s Sept '41 Boston A Albany Eq 6s 1933 1935 (yr)—JAJ 15 Eq 4Vis 1933'41 E (yr).FAA 85 Akron A Barb Belt g 4s Bid. Bondi. Ask. Atlantic Ooast Line RR (Concl) Adirondack 1st 4Vi» 1942 Alabama Great Bid. Bonds. Ask. defaulted bonds. where marked "f" and income and NOTICE.—All bond prices sre "and interest" except * Sale price. 1.50 78 RAILROAD NOTICE.—All bona Bonds pnce« 76" o - J 71H J Eq tr 4 Ha 1032-1038 a-a. Eq tr 4Hs 1040-1045 a-a 73 72 D 82 7.50 7.60 7.50 ) 0 ) b - Bonds - - w 6.50% 6.60% 6.60% 3 20" ) b 80 90 7% 7% 5 b 7% J 5 „ Eq tr 6a 1033 *35 (yr\y)Ij& % 90 94 6% 6% 6% Cart & Adir lat 4a 10 lu 08 86" 1 84 45 38 ( 72 91 ) J Central of Georgia— lat M g 5a Nov 1 1 60 45 « 41" 58" ) 32" I 33 7.25 7.25 7.25 35 38H 36H 6.25% 6.25% 6.25% 73 8 6 q & ) b D 7.50 7 50 7.50 7.50 7.50 7.50 General 68 5a '32-'38 O (yr) J&D 6s Jan 15 '33-'35 (yr) J&J15 6Ha 1932-36 aer J (yr) BI&S 6Ha 1932-36 K (yr)..A&0 4Hs,32-'42 (yr.) aer A M&N Ohlc R I & Pac Ry— gold 4a 1988 J&J Ref g 4a 1934 opt to 1911—A&O Sec 4Ha 1952 aer A M&S 97 H D 3 90 6.50 6.50 \ ft wax 3 \ s1 J. WO I. 78 73 40 54 H 6% 6% 5 3 > Chateauga 95 1 65 70" 1 nd&M Isc. Chat R J J □1 da " 100H 87 H J 80H J 80H 3 6 6 50 5 ft 6.50 101 q 8 Eq tr 4Ha *32- 40 W (yr)-, Eq tr 5s 32-'38 (vr) M( ) ft §2£ fa 6.50 5 6 3 ft 6.50 6.50 99M I 90H 83 83 5.50% 5.50% 5.50% 5.50% 5.50% 103 87 Potts J 75" 51H — — - - 3 AS V r i Ob Chesapeake & Ohio Northern— let M 5a 1045 guar 90 A& ) ' mm — m ){ )/ 40H 43 % / 39H 43 H Certificates of deposit— Stpd aa to Oct 1031 Int-. Equip trust 6a Jan 15 '32 . _ (yearly) \ 90 95 1 84 85 86 Jj Gen M 4s 1058 B lat & ref 4Hs aer B 1077—1 1st & ref g 5s 1071 aer A-l Illinois Div 3 Ha *49 op '29 , 4a July 1 1949 Chic & East 111 (new co)— Gen M 5a May 1951 92 IBu g 96 J&J 65 82 80 40 1952 82 H ' m. m, mm mm 72 M&N 80 H Elmlra & Williams port— 1950-J&J 75 A&O 1st 6s 1910 ext at 4% Income 5s 2862 El Paso & R 11st gu 5s El Paso & S W RR— 1st & ref 5a 1965 85 1951-J&J A&O EriePrior lien gold 4a 1996 Gen lien gold 4a 1996 gold 4s 1953 aer 67 J&J 55 H J&J A—A&O Series B 1953 Series D 1953 Ref & impt m 5s 1967 Ref & mtge m 5s 1975 34H 40 A&O A&O M&N 42" A&O 42 X Eq tr 6a 1933-35 (year).J&J15 Eq 4Ha '32-'41 LL (a-a)--M&S Eq tr 4Hs 1932^3 (s-a)„M&S Penn coll g 4s Feb 11951—P&A Erie & Jersey a f 6s 1955 J&J Erie & Pittsburgh— Gen gu g 3H» ser B 1940--J&J ft 8% II* 85 85 Series C 1940 J&J European & N A gold 4s 1933 J&J Fitchburg 5s Jan 1 1934 J&J 4Hs Jan 1933 J&J 85 83 83 79H 87 H 13 1 OiS-JUOi,i> J&J 37 Florida East Coast 4Ha *59-J&D lat & ref 5a 1974 -M&S 44 80 80 1st cons 5s gold 1943 50 74 H ft 85" 6.50% Florida West Sh 5s 1934 J&J Fonda Johnstown & Gloverav J&J 60 88 QA Z/. QCK/ Gen ref gold 4a 1950 J&J 1st cona ref 4H® '62 opt—M&N Port Dodge Dea Moines & Sou— 40 85 H 7.50 Olndn North 1st g 4a 1951— Cincinnati Union Term Co— 1st M 4H« 2020 ser A 1st M 5s 2020 ser B J&J J&J 1st cons ref g yo Clearfield Bitum Coal—See Ind & Misc. Clear & M 1st 5s g gu 1943--J&J Cleveland Akron & Columbus— 1st 4s 1940—P& cons guar g Ref & imp M 5s '63 ser D__ J& J Ref & impt 4 H« ser E 1977-J&J Cairo Div 1st g 4s 1939—J&J O W & M Dlv lat 4s g *91-J&J 78 75 95" 75 99 65 75 66H 68 H 76 87 H 65H 75 70 Spr & Col Div 4s lat g '40-M&S 71 60 98 100 94 102 gold 6s 1934 J&J Clev & Marietta 4 Ha 1935-M&N Cleveland & Pittsburgh— Ser A 4H« gen gtd 1942—J&J Ser B 4 Ha gen gtd 1942--A&O Int red to 3H% Ser O 3H« gen gtd 1948—M&N Ser D 3 Ha gen gtd 1950—P&A Gen & ref 4Hs 1977 ser A-F&A Oleve Short L 4 Ha 1961 A&O leveland Terminal & Valley— 86 H f 5H» 1972 aeries A—A&O 1st M a f 5a 1973 ser B A&O 88^ lat a f 4H« 1977 aer O—A&O 82 90" 97 78" 97" 84 84 78 *35—M&N General mtge 4Hs 1980—M&N Eq tr 6s 1933-35 (year).-J&J 15 15 75 80 H 94 olumbla & Port 1st m 84 H 65 96 91H 92 80 81 88* 66H 93 99 35H 50 25 1st M gu 4a Mar 15* 51-M&815 uban Nor Rys 1st 5Hs '42-J&D i i / lat M & ref 6a 1952 P&A Ga Mid lat g 3a 1946 A&O Ga RR & Bkg ref 6a 1051-A&O i 61 80" mmmmm m. mm 89 82 gu.M&N Mountain Sec 4a 1955 A&O A&O Grand Trunk Ry of Canada— Sink fund g deb 7s 1940- -A&O Deb g 6a &pt 1 1936 6Hb 1936 94 H 89 X M&S F&A 8* Gen M 5H» 1952 ser B Gen M 5a 1973 ser O Ry & Coal 5s 1951—J&J 20 36 49H 43 24 35H 85 65 90 •elaware R.R.— General 4Hs 1932 J&J 36H 95 68 10H / Gen g 4s A May 1 1989— Gen g 3Ha B May 1 1989- 61 Gen 4 Ha May '89 aeries C Gen M 4Ha 1989 aer E_-l Gen M 4ms May »99 serP 60 H 68" 15-yr 60H 65H 68 75 91 100 10H 56 A&O M&N Conv5sl935— 52 1st & ref gold 4s 1943 8 >05 81 5 H® May 1 '37--M&N 90 95 Eq 6s Jan 15 *33-'35(yr) J&J15 97 100 g 68 7% 8 7% 7% 8 Chicago & North Western— 54 H 65 61 65 80 82 50 Gen Income 5s Aug "55 P&A Ref & impt 5s 1978 ser B_ A&O .33H i45 80 n Eq tr 4Hs 1932-42 (yr)—M&N & •enver 68H 74H 85 H J&J J&J 1st mtge 6s 1950Inc mtge 6s 1960 79H 8% 7% & Rio Grande— 1st con g 4s 1936— 1st con g 4H» 1936 70 44 69 J&J J&D Eq tr 4Hs 1932-1939 M&S Eq tr 4Hs 1932-1940 D (yr)J&J Eq tr 5s 1932-1938 (yr)-M&S Western Fruit Express,Eq 5s J'ne 15*32- 39 (yr) J&D Eq tr 4Hs 1932-1940-J&D Great Northern Ry of Canada— Cons 4s 1934 opt to 1914—A&O Greenb Ry 1st g gu 4s *40.-M&N Green Bay & West debt certs A— 67 Gen 4H» 1976 ser D Gen 4H® 1977 ser E Deb ctfs BGuantanamo & Western— 1st M 6s 1958 ser A 63 66 62 H 68 95 28 32 2 8 2 If* ser B 5 40 42 41 33H 7% w* 20 J&J —- ff io" A&O 46 A&O 45 1st ref & term g 5s Feb '52. J&J Gulf Terminal of Mobile— 12H 30 1st mtge g 4s 1957 gu J&J flarl R & Portch—See N Y N H & Ba rtford Hoboken RR & Term Co— 1st Hen s f 6s 1947 M&S Flocking VaUey Ry— 1st cons gold 4Hs 1999.—J&J Eq tr 5s 1932-1938 (ann)-A&O Eq tr 5s 1932-1939 (yr)-—J&J Eq tr 6s '33-'35 (yr) J&J 15 81X 6.75 6.75 6.75 30 32 H 7% 7% 25 40 66 / Guayaquil & Quito 1st 5s '32 J&J2 1st 5s 1950 Series O Gulf & Ship Island RR— 33 79 80 J&J lst5Hs 1950 Ex p mon g 5s 1942 J&J enver & Rio Grande Western— 93 J&J Gulf Mobile & Northern— 7% 8 85 Gen M 7a 1936 series A J&J 1st & ref g 4 Hs '61 opt '41-J&J 20 awson 60 5.50% lat 4s Feb 15 '42 Alg gu.M&N Gen 4s 1962 Can Gov gu—J&J Prairie Section 4a 1955—-A&O 85 80 95 35 mm 20 oh ivao—«i«j 82 mm 7.50 Great Northern— 40 M&N 66" ' Grays Pt Term g 5a 1947—J&D Imp & equip 5s 1960 98 23 19 45 i§* 88* Chicago Lake Shore & Eastern— 1 • i 1st g gu 4a $ July 1 1950—J&J Eq tr 5s Dec 14 *32-'43 (yr) 1st 1 & ref g 7 H" *36 ser A. J&D 1st 1 & ref 6s 1936 ser B„J&D 91 If* 95 r i i 87 90 30 Gen M 5a 'I • Inc deb 6s 1952 70 55 98 H Georgia Fla & Ala RR— Grand Trunk West 4s £ 1950-J&J 52 19 40 X 60 50 27 32 Eq 4Hs *32-'43 E & P (yr)_««,v 6 Eq 4Hfl '32-'41 G & H(yr)_J&J 6 Equip tr 6s 1933-35 (yr)-J, ft Equip tr 5a*32 40 ser B(yr) 6 27H M&N lat M 6s 1946 ser A Ctfs of deposit Lake Sup Div 4a 1955 91 75.:,: Georgia & Florida RR— 1st 4a Feb 25 '39 Alg 97 20 Ga Caro & N lat 5a g 1929--J&J Ext at 6% to July 1 1934— 95 91X 17 H , / 78 71 _ >/ 77 2d 4a 1936A&O Grand Rlv Valley 4a 1959-.M&S Grand Trunk Pacific— lat M 3s 1962 J&J _ P&A Chicago Indianap & Louisville— lat M 4Ha 1969 opt 1919-J&E Ohlc Memp & Gulf 5s 1940--J&J Chic Mllw St Paul & Pac RR— 90" Genesee River 6s 1957— J&J Ga & Ala 5s Oct 1945 J&J Ga & Ala Term lat g 5a 1948. J&D 77. 77 H Deposit— 4a 1940 — Eq tr 4 Ha 1932-1939 a-a.M&N ft Gouv & Oaw lat 5a g 1942 J&D Gr R & Ind ext 4Ha 1941—-J&J 87 H 4 Ha May 1 94 Ext at 5H% to 1961 J&D Frem Elk & Mo V 6b 1933--A&O Galv Houston & Henderson— 1st M 5s 1933 A&O Galveston Term 6a 1938 M&S 4s Jan 1 1947 J&J Ga Sou & Fla lat g 5a 1945—J&J Deb 5a 1952 A&O 85 a 8 2 Ft Worth & D C 6s 1921— m + mm 68 cons 4H» 1047 75 1st 5s 1938 J&D f Ft Smith & West 1st g 4a '54.A&0 Fort St Un Dept Det 4H» '41 J&J St L Dlv lstcoltrg4s 90 M&N White W V Dlv 1st 4a '40-J&J Equip to 6s 1932-1935 Olev Oolum Oln & Indianap— 5H Eq 4Ha *32-'35 G (a-a)—A&O Eq 4Ha '32-*41 H (s-a)_-M&S Fla So 1st g gn 4s 1945 J&J 80 I & Southern Ry Con mtge g 4a 1956 guar. J&J Ref M g 6a 1947 series A—J&J Ref M g 5s 1947 aeries B—J&J Ref M g 4s 1947 aeries O—J&J Florida Central & Peninsula— 91" Chicago Indiana Stmpd 70 M&N 65 Cine Ind & St L Sh Line Ry- Ref M Income 5a Oct 1982 Ohlc Grt Weat lat 4s 1959—M&£ X"?'- 108 H 97 H 63 a 65 OB 33 99 70 1st Chicago & Eastern Illinois— larit) 45H 107H 1st 4a gold guar 1995 M&N leveland Union Terminals— Chicago Burlington & Quincy- IX 98 Choctaw Oklahoma & Gulf- Gen 86 S VU1U 65 98 Cleveland Lorain & Wheeling— Cons now 1st 5s 1933 A&O Gen M 5s 1936 J&D Oleve & Mah Val g 5a 1938.J&J 80 J UV 75 100 30 Chicago & Western Indiana— Gen gold 6s Dec 1 1932—Q-M Oonsol gold guar 4s 1952 JJ 10 65 Elgin Jol & East 5s 1941—M&N Conv Olev Cine Ohlc & St Louis— General 4s gold 1993 J&D Gen M 5a ser B 1993 J&D Ref & Imp M 6s *41 aer C—J&J Chesapeake & Ohio- * 81 43 lat M 6Hs aeries O 1963—J&J Guar gold 5s 1944 J&D Eq tr 5s 1932-38 (yr)— £ Central Vermont Ry— W 6.50% 6.50% 93 J&J15 Oinc & Musk Val 4s 1948 Oln N O & Tex Pac Ry— 90 §§ 72 30 30H P WW 6.50% 6.50% 6.50% 99H 5.75% 5.75% 76H & u» Duluth South Shore & Atlantic— lat gold 5a 1937 J&J Dutchess Co RR 4 Ha 1940—J&D Eastern Ry of Minnesota— 5s 1935 East Tenn Va & Georgia— Oonsol lat g 5s 1956 46 59 H Central Pacific— "^8 98 90 93 97 H 5 & ""W 96 H Duluth Missabe & Northern— Gen g a f 5a Jan 1 1941 J&J Nor Div lat g 4s 1948 A&O Eastern Tenn & West N C— 62 H 65" 58M Bid. Bonds. Detroit & Toledo Shore Line— 1st gold guar 4s 1953 J&J Dul & Ir Range 1st 5s 1937-A&O i* 7.50 7.50 Ohic Un Stat lat 4 Ha 1963—J&J 1st M 5s 1963 series B J&J 5s bonds 44 7.50 7.50 7.50 Chic Terre Haute & Southeast 1st & ref g 5s Dec 1 '60 opt J&D Inc mtge 5s Dec 1 1960--M&S gold and defaulted 54H Mem Div 1st 4s 1951 —J&D Ohlc St L & Pits lat 5a g 1932A&0 Chic St Paul Minn & Omaha— Oonsol J ~v"» 6.50% 6.50% 6.50% 71 60>4 101H J tr 6.50% 6.50% 6.50 % 70H J jihj and Income 40 30-yr. conv.4Hs 1960—-M&N Eq 6a Jan 151933-'35 (yr) J& J15 Eq tr 5a 1932-38 (s-a) J&D ' Eq tr 5a 1932-*34 (a-a)—-A&O Eq 4Hs *32-'42 O (yr) J&J Eq tr 4 He '32-'45 (s-a)—J&D Chicago St Louis & N O— Con g 5s June 15 *51 J&D 15 Con g 3Ha June 15'51 J&D.15 J Central of New JerseyGen M (now lat) g 5i Gen M 4a 1087 *T' Aik. Eq Eq Eq Eq Eq Eq 6s 1933-'35 (ann) Regiatered $1,00( Oona gold 5a 1045., Bid. Ohic & North Western (Concl.l— Eq tr 5a '32J,35 ser M (yr). J&D 57 H 71 • J B 20-yrcolltr 4H§ 1 Ooll tr 5a Apr 15 ! BONDS "and Interest" except where marked A$k. Bid. Canadian Pacific— Cons deben 4a pe are Mortgage gold 4s 1995 J&D i 4 Hs 1961 gu—M&N 85' 86 % 75 85 ledo & Ironton— 1 Basla. 1st 5a Mar f Thla price Includes accrued Int. k Last sale. I In 1 J&J 1964 London, m Dollar per 500 francs per £20. n Nominal, r Canadian price, s Sale price. Bonds. Bid. Holld&ysburg Bedford 1st M g 4s 1951 guar Housa tonic dumb J&J & Lehigh & N Y 1st 4s 1st 5s g May 1 1933 1st gu g 5s Mar 1933 85 75 873* 91 M&N 98 94" Houston & Texas Oentral— 1st lien g 5s 1937 J&J 98 7534 M&N 90 Hudson & Manhattan— 82 3d M consol 5s Mar 31 '40-A&O Illinois Oentral—1st g 4s '61-J&J 90" 793* 40 90 54 70 75 54 40 66 40 J&J A&O 54 50 7534 90 9734 9334 795* 82 75 95 100 95 100 97 99 89 94 405* 41 Ref g 4s 1955 opt 1918. M&N Pur lines 1st g 334s 1952-J&J 45 54 v., 493* 22 19 1st mtge gold 5s 1946 J&J Louisville & Jeffersonville Bridge Jt 1st ref M (IO&OSL& N O) 5s 1963 ser A J&D Ser B 5s(£100 & £200)'63 J&D Series O 434s 1963 ..J&D 46 26 65 43 M 8.50 8.50 8.50 8.50 8.50 8.50 8.50 8.50 54 L 54 63 47 7434 57 493* 57 li* 78 75 -A&O 75 94 J&J J&J J&J 74 973* 8134 7634 77 65 72 653* 70 70 Ry Joint Monon coll gold 4s. 1952 J&J & N Term 1st g 4s '52 gu J&D J&J f Macon Terminal 5s 1965 J&J Mahon O RR 1st 5s 1934—J&J Maine Central— 1st & ref 434s 1935 J&D 1st & ref 5s Dec 1935 J&D 1st & ref 6s Dec 1935 J&D Manila RR Sou Lines 4s'39-M&N 48 1939 ext to 1959 Macon Dub & Sav 5s 1947 80 Indiana Harbor Belt RR— M&N Philippine Govt gu 78 1937—M&N Sinking fund g 7s 8434 6.50 6.75 Gen & refg 5s 1965 ser Series B A—J&J Ref & impt 434s 1980 85 J&J 95 45" 34 Indianap & Lou 1st 4s 1956--J&J Interboro-Met 1 See Public Utility Inter Rap Tran J Securities. Internat-Great North Ry— 1st M g 6s 1952 series A.-J&J G.75 6% 753* 951 40 98 F&A f Maryland & Pa 1st g 4s '51-M&S Mason City & Ft Dodge— 1st M gold 4s 1955J&D / Memphis Union Station Co— 1st g gu 5s Nov 1 1959..M&N Meridian Term 4s *55 15 20 Mexican 46 Adj M 6s July 1952 ser A-Apr 11 1st M 5s 1956 series B J&J 1st M 5s 1956 ser O J&J 493* 54 3734 3834 45 40 Sept 1 1914 coupon on Sept 1 1914 coupon off Mexican North 1st 6s 1930-J&D / 30 38 2234 37 America)— 1st col tr 6% notes 1941-M&N —F&A J&D / , Iowa Cent 1st g 5s 1938 Certificates of deposit / 1st & refg 4s 1951 M&S / Otf of dep / la Minn & N W 1st 3 34s 1935 J&J Jacksonv Gainesv & Gulf— 1st m 6s 1951 A&O Jacksonv Ter 1st 5a gu 1939 J&J Ref & ext 6s 1967 J&J 334 234 534 7 .... 234 .... 2 s 1 • 1 • 5 Michigan Central— Ref & impt 4 34« 1979 ser O-J&J Equip 6s 1932 (yr) M&S 1st 5s Kal &S H 1939 M&N 1st mtge M Air L 4s 1940--J&J 1st g 4s Jol & N Ind-1957J&JlO 1st g 334s J L & Sag 1951-M&S 1st gold 334s 1952— M&N Middlesex Val 1st 5s 1942-M&N 803* 6954 70" 60 Unionville— 1st M 6a 1933 M&N 2d M adj Inc 6s 1933 M&N / Frank & Clearfield— 1st g 4s 1959 guar J&D Joplin Union Station— 88 RR 4% franc bonds (Foreign series) 1960 1st g 4348 1940 guar op—M&N K A & Gr R 1st 5s 1938 J&J Kal & W Pig n gfis 1940 -J&J Kanawha Br & Ter 5s 1948--A&O 9834 50 65" 1990—A&O Eq tr 68 1933-35 (yr)-—J&J 15 Kanawha & W Va 5s 1955—J&J Kan City Ft Scott & Memphis— 50 93 92 98 Mlllen & Southw 5s 1955 50 65 Milwaukee 92 ext at Kana & Mlcb 1st 4s 6234 A&O M&S Income 5s Mar 1934—--Sept 1 / Assented M&S Kan City Sou—1st g 3s 1950 A&O Ref & Impt 5s Apr 1 1950--J&J Eq tr 6s 1933-35|(year)—J&J15 Eqtr 534s 1932-38 (year) M&S Kansas City Terminal Ry— 1st g 4s 1960 opt 1930 J&J Kan 0 & Pac 1st 4s g 1990—F&A f K O Mem & Bir 4s 1934 Midland 70 60 995* §5" 65 80 65 6734 673* 65 93 93 8334 98 98 84 J 6s 1st 94 & 60* 80" 70 — :::: 5 56 90 Stmpdaccrint at rate 4.8665 Plain 1961---J&J L E & Det Riv 434s 1932—F&A Lake Erie & West 1st 5s '37—J&J 2d gold 5s July 1 1941—J&J Lake Shore & Mich South— Oon g ref 334s 1997 J&D Lehigh & New England— 1st M gold 5s 1945 J&J Gen mtge gold 5s 1954 J&J Eq tr 434s 1932-42 (yr)—A&O Lehigh Valley Harbor Term Ry— 1st mtge 5s 1954 F&A Lehigh Valley— 1st 68 ext gold 4s 1948—-J&D Oon M 6s ann irred J&D Con M 434s ann lrred J&D 30 90 — 2003—M&N Gen con gold 434s 2003—M&N Gen con gold 5s 2003 M&N Lehigh Valley Coal—See Ind & M Lehigh Valley Ry of New York Gen cons gold 4s 1st 434s gold 1940 J&J Lehigh Vail Term 5s 1941—A&O Lehigh & Lake Erie— 1st 434s 1957 guar M&S 92 95" 703* 84 7434 81 50 1st Ch Ter s f 4s '41op'16-M&N 90 b 7% 92 5.75% J&J Mo-Ill RR 5a 1959 J&J Missouri-Kansas-Texas 15 80 106 85 5734 5134 64 85 110 90 59 70 35 40 10 90 7654 6934 30 55 20 8% 8% 8% 8% 76 70 76 4054 J&J 72 tax-exempt .M&N 86 is July 1 1997 tax-exempt.-J&J Ref & impt 4 34s 2013 A A&O Ref & impt 5b 2013 C A&O L S coll tr g 334s 1998 F&A M O coll tr g 334s 1998—F&A Eqtr 7s '32- 35 (year)—A&015 Eq tr 6s '33-'35 (year)—J&J15 NYC L eq 5s 32-37 (yr).J&D NYC L eq 5s '32-'39 (yr).J&D NYC L eq 434s '32-'37(yr)M&3 1942 NYC Lines eq 4 34s Mar 15 1932 to 1939 (year) M&S15 NYC Lines eq 434« '33 *36 J&J NYC Lines eq 434« '32-'40 M&N 15 N Y New Haven & Hartford— Deb 6s Jan 15 '48 conv-_J&J16 Deb 4s May 11957 M&N Eq tr 6s 1933 '35 (year)-J&J15 95 ser 88 73 8234 6734 7334 6534 6.50 6.50 6.50 6.50 6.50 6.50 6.50 6.50 6.50 6.50 1 Mo Kan & Okla, 1st 5s *42 M&N f Mo Pacific RR (new company)— 1977 7% 81 5034 4934 6% gold notes 1932 A&O 33 3434 Ref 534* 1974 ser A A&O 38 3634 Ref 4 34s 1978 ser O M&S 7.50% 8% Equip tr 434s 1932-'44 (yr) F&A b 7.50% 8% Equip tr 5s 1932-'38 (yr)—F&A b New Vork Connecting RR— 81 75 1st M 434« 1953 series A.-F&A 91 9034 1st guar 5s 1953 series B__F&A 7734 NY & E 1st 4s ext g 1947—M&N 72 434s 3d ext 1933 M&S 35 7534 NY&Gr Lake gu g 5s 1946-M&N 75 7734 N Y & Har 1st g 334* 2000--M&N 100 9934 N Y & Jer lstg 5s *32 opt—F&A N Y Lack & Western— 1st & ref 5s 1973 ser A M&N 1st & ref 4 34* 1973 ser B„M&N NYLE&WO & RR—See Ind & Misc. N Y L E & W Dock & Impt—Se e Ind & MIscel. 5034 N Y & L Br gen 4s 1941 M&S General gold 5s 1941 M&S 80" NY & NE Bos Ter 4s 1939—A&O 3934 75 1st & ref 5s 31 A&O NYC RR eq 434s ,36-'32--J&J NYC RR eq 434® ?32-'45-M&N N Y O & St L 1st g 4s 1937—A&O I 68 79 IV nH M&N A--F&A (yearly) 23* 73 75 98 F&A 58 63 F___M&S 54 55 1st & ref 5s Jan 1965 A 61 8034 _A&0 York Central RR— IP'34 Mo Kan & Tex (old company)— 1st gold 4s 1990 J&D lsc. A—A&O A—A&O F&A l«t M 434s 1956 series D—F&A Eq trust 434s 1932-'42 A&O b Newport & Cincinnati Bridge— Deb g Deb 4s 7534 6534 J&J J&J D.J&J Adj M 5s Jan 1967 ser A__A&0 M K & T of T 1st 5s gu 1942 M&S 35 1st M 534s 1954 series 1st 5s 1956 series O Cons mtge 4s 1998 ser New York Central & Hud Riv— 20 RR— A 2534 '55--F&A 1st gold 5s 1935 65 ser & coll tr g 5s 1951 A&O Conv deb 6s 1935 Prior Hen 4 34s 1978 ser 91 con Extended at 5% 1940 M&N Ref & Impt 434s '52 ser A—J&J New Orl Term 1st 4s 1953—J&J New Prior lien 4s 1962 ser B Prior lien 5s 1962 80 75 New Mexico Ry & Coal Co— 1st coll tr g 5s Oct 1 1947 _A&0 N Y Bay Ext R 1st 5s g 1943-J&J New York Bklyn & Manh Beach 21 Mississippi Cent g 5s 1949 134 F&A 50~ 7034 33 Eq tr 6s 1932-'35 (year)._M&S MStP&SS M & CentTermRy— X 5634 M&N J&J J&J 70" J&J J&J Minneap Term 3348 '50 opt.J&J 94 N J June 1st 4s gu 1986 N J & N Y 5s 1950- guar.—J&J Newp & Richf 1st 5s *41 gu—J&J J&J J&J 25-year 534s 1949 M&S Eq tr 4s "32 '38 s-a J&D15 Eq tr 434s 1932-'36 (s-a) .M&N Eq tr 5s 1932-33 (s-a) M&S 134 134 72 1st M g 434s 1945 J&J J&J 1st ref 534s 1978 ser B 7.50 A&O M&N . 94 loo" 1st ref 6s 1946 series A Kentucky Cent 4s g 1987 J&J Kentucky & Indiana Term RR lBt M 4348 1961 (sterling) .J&J accr Int at exch rate 4 8665 60 b 1 1st 5s 1954 series B gold 48 1 938 1st cons gold 5s 1938 1st cons 5s 1938 gu Int 2d M gold 48 guar 1949 65" 55" 75" f f f f f '26 J&J A&O f 1 g 434s Non-cum inc 5s '35 ser .... J&D cons 85 New Orleans Texas & Mexico— A&O Certificates of deposit 30" New Orl & Nor East 6s 1915, Mil Sparta & NW 1st 4s 1947M&S Mil&State Line Ist334sl941-J&J 1st p New Orl Gt Nor 1st 5s Minn St P & Sault Ste Marie— —Jan f J&J 95 1st cods gold 4s 1951 National Transc Branch Lines Co 1st & .... 75 1910 Minneapolis & St Louis— 1st 78 '27 ext at 6% 1932--J&D 1st consol gold 5sl934 M&N 1 Certificates of deposit 1st refdg gold 4s 1949 M&S Ref & ext 5s Feb '62 ser A.Q-F 56" _ Northern— (1884) 2434 8% 8% 8% . New Lon Nor 1st 4» 1940 45" 1st ext 434s 1934 (1880)-J&D Cons 6s 1913 ext at 434% 1934 Eq 434s '33-'41 O (yr)—J&J15 b Eq tr 5s 1932-'38 (s-a) M&S b Eq tr 5s 1933-'39 (year) J&J b Montgom Div g 5s 1947--F&A Ref g3 A&O M&S Gen 5s Dec 31 1932 A&O Valley—5s 1943 to 55" 1st M 5s 1978 1005* Series B_ 6334 65 N of 5% to 1940 20 M&S Secured 5s 1938 New Brunsw 1st g 5s 1934 Cons deb 4s perpetual J&D Adj M Apr 1 *53 ser A—Sept / 70 Kansas Oklahoma & Gulf— Inc 6s series B Jan 1949 Midland 1934 —M&S F&A If 93 J&J If 65 64" New Eng cons 4s 1945 gu J&J 70" Consol g 5s July 1 1945 J&J 60 N Hav & North 4s 1956 gu__J&D 68 65 Midi 88 35 - - 1st Msf 434® 1955 Naugatuck 1st 4s 1954 60 Mlddletown & Jamestown Ref g 4s 1936 guar 50 International— Prior lien 4 34® 1947 M&S / 1st con gold 4s 1977 M&S / Asst (cash warr & coup) Eq tr 434s 1932-42 (yr)—A&O 6% notes 1936 1st 1& ref 6348 1947 guar-M&N 40 M&N 80 J&J ManitowGB&NW3 34s'41 Md Del & Va 5s 1955 gu 6434 503* 6% 6% 7334 7534 Manitoba S W Col 5s 1934—J&D Indianapolis Union— Internat Rys (Oentral 1st M 5s 1972 opt J&J A&O M&N 8%~ 8% J&J 4s 1945 Nat RR of Mex 90 ' Southern 49 Gen M g Mob & Ohio, gen 4s 1938Ref & Impt 434s 1977 12 85 8% - 70 80 75 1st & ref 4 348 2003 ser Eq tr 434s 1932-37 (year)-J&D b Equip 634® 1932-36 (year) M&S 6 Eq tr 6s 33- 35 (yr) J&J15 6 Atl K & Cin Div 4s 1955- -M&N Pad & Mem Div 1st 4s '46-F&A S E & St L Dlv 6s 1971-M&S 2d mtge 3s 1980 M&S Mob & Mont 434s 1945—M&S 8.50 Small Moh & Mai 4s 1991 M&S Consol gold 334s 2002 M&S Monongahela Sou 5s 1955--A&O 6s 1937 J&J Mont Cent 1st J&J 1st guar gold s 1937 Mont Wyo & So 5s 1939 M&S Montour RR 1st 6s 1963---F&A Morgantown & Kingwood— 1st mtge 5s 1935 J&J Morris & Essex 334 s 2000—J&D Constr'n 5s 1955 ser A M&N Constr'n 434* 1955 ser B-M&N Nasnville Chattanooga & St L— 1st M 4s 1978 sor A____—F&A Eqtr434s 1932-'37 (year).A&O Nash F & S lstgu g 5s 1937—F&A National Rys of Mexico— Prior lien g 434s s f 1957—J&J Gen mtge 4s 1977 A&O 6% g notes *15 ext to '33--J&D 6% g notes £ '15 ext to '33 .J&D f 72 A&O O—A&O 1st & ref 5s 2003 ser B 60 Genl mtge 4s 1957 Gen mtge 434s 1957 Ind 111 & 1a 1st g 4s 1950 4s 1945--M&S Nashville— 50-year gold 5s 1937 Unified gold 4s 1940 1st & ref 534® 2003 ser A If 50 J&J 40-year 43*s Aug 1 1966—F&A Eq tr 434s 1932-1939 K—F&A Eq tr 434s 1932-1940 L—A&O Eq tr 434s *32-'41 M (s-a).M&N Eq tr 434® 1932-11 Ser N.A&O Eq tr 434s '32-'36 (yr) O—J&J Eq tr 5s 1932-38 ser J M&N Eq tr 6s '33 '35 (year) __J&J 15 Equip 634& 1932-1934 (yr)_F&A A&O Equip 7s 1932-1935 Cairo Bridge 4s g 1950—J&D Litch Div 1st g 3s 1951—J&J Louisv Dlv 334s g 1953—-J&J Omaha Dlv 1st 3s g 1951..F&A St Louis Div 334s g 1951— J&J St Louis Div 3s g 1951 J&J Sp'fleld Div ext 334s 1951 J&J Western lines g 4s 1951 F&A A&O 1935--- gold Guaranteed Louisville & Gold 63^s July 1 1936 Id Blm & W ext 4s 1940 1st M gold 5s b Eq 634s l932-'36 (year)__F&A b Eq tr 6s '33-'35 (year)-J 3d 7s ext to July 1938 at 4% M&N Mob & Birm pr lien 5s 1945--J&J Small Louisville Henderson & St Louis— 58 b §9*4 87 70 71 84 Louslana & North Western— 51 483* 5234 b 70 — Ool trLNO&Tg4s '53-M&N Ref mtge 5s 1955 M&N 54 6234 Louisiana & Arkansas— 1st M 5s 1969 Bid. Bonds Mo Pacific R1 1st & ref 5s &Misc. Long Dock 6s con g 1935—-A&O Long Island—Unified g 4s'4QM&S Refunding g gu 4s 1949---M&S Gen mtge gold 4s 1938 J&D 4s gold 1932 J&D Debenture gold 5s 1934—J&D Debenture gold 5s 1937-M&N Equip tr 5s 1932-39 (yr)—A&O Equip tr 6s 1932 (yr) F&A Montauk Ext 5s 1945 J&J North Shore Branch— 1st cons 5s g Oct 1 1932—Q-J L I City & F con 5s 1937—M&N A&O Tr bonds £3 34s 1950 Ooll trust gold 4s 1952 595* 75 54H 1st gold 334 s 1951 J&J Maui L ext 1st g 334s '51.A&0 1st M £3a 1951 M&S 1st M £4s 1951 83 \ft* 1st gold 5s 1957 opt F&A Adj inc up to 5% Feb '57.A&0 1st M 4Mb 1957 conv F&A Huntingdon & Broad Top— 1st M ext 6s Mar 31 '40A.A&O 2d M ext 6s 1940 ser B F&A 87 1945-M&S Lehigh & Wllkes-B Coal—Seelnd Lex & East 1st 5s 1965 A&O Litchfield & Mad 1st 5s '34-M&N Little Miami guar 4s 1962—M&N Little Rock & Hot Spr West Ry— 1st gold 4s 1939 guar J&J and income and defaulted bonds. Ask. Bid. Bonds Ask. 80 80 5s 1937 M&N Houston Belt & Term 5e '37-J&J Houston Bast & West Texas— con where marked "f prices are "end Interest" except 79 BONDS RAILROAD tOTIOl —All bond 100 Deb 4s July 1 '65 non-conv J&J Deb 4s 1956 non-conv M&N M&S M&S Deb 334« 1954 non-conv—A&O Deb 334* 1956 conv J&J 15-year secured 6s 1940 A&O 1st & ref 4 34s 1967 J&D 89 51 60 Deb 4s 1947 non-conv Deb 334* March 1947 5034 87 693* Equip tr 434s Mar 15 1932 to /This price iaouides accrued interest, 7.50 7.50 Harl Riv & Pt Ohes 4s *64 M&N b Basis. Eqpt. tr. 434» ^-WyrKJ&J 60 Mar 15 1945 (s-a)__M&8 15 n Dollars per 1.U00 franc bond* Last sale. I In London, n Nominal, s Sale DrIce. 80 RAILROAD bond priest or* "'and Interest' NOTICE.—Ak Bid. Bonds Ask. New York Ontario & Western— MAS Registered $5,000 only Gen M g 4s 1955 red ..J&D N Y Pa A Op 1 434s 1935--MA8 N Y Phil A Nor—1st g 4s *39 JAJ Income 4> Jan 1 1939. Stock trust ctfs 4s 1948 42~34 44" 80 90 85 80 88 84 73 80 MAN JAD AAO N Y Prov A Bos 4s 1942 N Y A Put 1st 4s g 1993—-A&O N Y Susq A Western— 1st refunding 5s 1937 2d mtge 4)4® 1937 Gen mtge 5s g 1940 Term 1st g 5s 1943 4934 75 §5" 3134 A Bid. lst g 5s 30" 45 92 99 do do 9234 9234 92 94 Stamped Certificates of deposit 84 90" Adj mtge 5s Oct 1 1949--FAA Ref gold 4s 1959 opt AAO 80 97 92 MAN Ser I 1963.. FAA 434s ser J 1964.:.MAN 1st A ref g 6s *01 opt ser ser 75 4s ser 83 97 D 1945—MAN F 1953 JAD G 1957—MAN 4s ser H 1960—FAA 71 88 334s ser E 1949—FAA do Gen M 5s 1 1970 ser A JAD Gen M 5s 1975 ser B AAO Gen M 434s 1977 ser O.-JAJ 2034 Norf A South 1st 5s 1941-MAN 50 25 8834 2d 6s guar 1934 JAJ Pitts Shaw A N—1st g 5s *49 FAA Impt A exten 6s 1934—-FAA New River 1st 0s 1932 AAO 10034 8634 N A W Ry 1st con 4s '90--A&O DIv 1st lien A gen g 4s July 1 86 >4 1944 opt Jan 1 1929—JAJ N A W Pocahontas 4s *41- JAD MAN b AAO b JAJ b Eqtr 4V4s 1932 (yr) Eq tr 4)4s 1932 (yr).. Eq tr 434s 1933 -*35 90>4 6% 6% 6% 90 Northeast of S O 0s 1933 JAJ Northern Central— Gen A ref 5s 1974 ser A—MAS 8734 9134 5.50 5.50% 5.50% 100 Gold 4s Feb 1 1952 1st g guar s f 5s 1942 Pitts Va A Char gu 4s 1943 85 1st m 4348 1959 ser B 1st M 434s 1960 ser C 90 6934 ; . 90 89 % 1958 ser 81 ...AAO Pitts Young A Ash— „ 1st M 5s 1977 / 90 Norwich A Wor—4)4® 1947-MAS Ogd A L Oh 1st g gu 4s 1948-JAJ Ohio Connecting 4s 1943-— MAS O Ind A W g 5s Apr 1938 Q-J Ohio Riv RR—1st g 5s 1930. JAD Gen gold 5s 1937 25 20 38 60 78 8334 91 AAO Old Colony RR 4s 1938 3)4® July 1 1932 JAJ JAJ FAA 1st M5Hs 1944 1st M 5s 1945 series B JAD 1st m4Hs 1950 series O JAJ Ont A Que deb gu 5s perp JAD If Ore RR A Nav cons 4s 1946-JAD 90 8134 Ore Short Line 1st 5s 1946—JAJ 1st cons guar 5s 1940 J&J Oregon-Wash RR A Nav— 1st A ref g gu 4s *01 opt--JAJ 95 ^ 89 98 9734 St L R E 1st 5s 1938 MAN Oardelet Br 1st 4Kb 1938-AAO Paducab A 111 1st 4>4s 1955-JAJ Pan American 1st 5s 34 op. .JAJ aris-Lyons-Mediterranean RR— Exts f 6s 1958— FAA15 81 87 85 93 1 1 1 1 1 1 1 1 100 10 1 1 95 4134 A—AAO Pennsylvania R R— Con M 4s gold 1943 MAM do 4s gold 1948 MAN do 4b gold 1948 sterling . do " stamped dollar bond 434b g 1960 434s 1965 — FAA JAD Gen g Gen g 5s Dec 1 1968 JAD Gen m 434s 1981 ser D...AAO 15-yr 6 4s Feb 1 1930 40-yr 5s 1964 FAA MAN Pere Marquette Ry— 1st g 6s July 1950 Ser A—JAJ 1st g 4s July 1956 ser B..JAJ 1st 4>4s 1980 ser C 8634 Eo tr 6s '33 *35 (yr) Q-J Phila A Bait Cent 4s 1951--MAN Phila Bait A Wash 4s 1943—MAN Gen 5s 1974 series B ..FAA Gen M 4>4s 1977 ser O JAJ Phila Newt A N Y 3s 1942.. AAO Phila A Read O A I-—See Ind A M 1941-MAN 51 55 8634 87 % 1940 AAO Equip 6s Jan 15 *33 '35-JAJ 15 Richmond A Mecklenburg1st g 4s Nov 1 1948—. MAN Rich A Peters 434® 1940 AAO Richmond Term 1st 5s 1952—JAJ Richmond-Washington Co— Coll tr g gu 4s 1943 opt—JAD Rio Gr June 1st gu 5s 1939—JAD Rio Gr So 1st g 4s 1940 JAJ 1st g 4s guar 1940 JAJ Rio Gr West 1st 4s 1939 JAJ 1st coll tr 48 1949 op AAO R I Ar A La 4 34s 1934 MAS Rock Island-Frisco Term Ry 1st m 434s 1957 JAJ Rutl Can 1st g gu 4s 1949 JAJ Rutland con 434s 1941 JAJ St Clair Mad A St Louis Belt— Alton Bridge 1st g 4s "51—JAJ St Clair Term 1st 5s 1932—FAA St Johns A L Cham 5s 1944.MAS St J Gr Isl 1st g 4s 1947-—JAJ St Lawr A Adirond 5s 1990--JAJ 2d gold 6s 1996 AAO 91" 68 7434 88 92 8534 92 75 91 9134 8134 9034 6934 9934 9234 8234 JAJ St Louis-San Fran (reorganized). Prior lien 4s 1950 series A..JAJ Prior lien 5s 1950 series B—JAJ Cons In 434s 1978 ser A.-MAS Eqtr6s 1933 *34 (yr).—JAJ 15 Eq tr 5s 1932-'37(year) —MAS Eq 434s 1932-'41 BB (yr).FAA 92 St 82 80 75 80 85 75 90 80 75 85 Iron Mt A Sou— Riv A Gulf Div 4s 1933—MAM "5" 25 50 90 72 75 70" 7854 7734 7634 80 6.25 6 25 6% 6% 99 88 92" 80 53 4834 5134 90" 95 94 94 89" 7834 8934 9934 80 1st ref g 4a 1955 op 98 72 80" 9634 1994 .JAJ & gen M g 4s '56-AAO A gen 6s 1950—AAO A gen 634s 1950-AAO '33-'35 (yr) JAJ 15 1932-39 (s-a)—MAS Eqtr 4 34s Oct* 32-'39 (s-a) AAO E Tenn reorg lien 5s 1938 MAS 1st Mem DIv g 5s 1996 JAJ St Louis Div 1st g 48 1951-JAJ Aiken Br 1st g 4s 1998 JAJ 93 5 70 73" 4834 5634 6f 5334 Spartanburg Un Col 4s *95--JAJ Spokane Falls A Nor 6s '39--JAJ SpoK Internat 1st g 5s 1955-JAJ Staten Isl Ry 434s 1943 JAD Stephenv NAS Tex 5s '40 op. J&J Suffolk & Car con 5s 1952—J&J 15 49 4s 1936 JAJ Sunbury Hazleton A W-B— 2d mtge inc 6s 1938 coup.M&N 47 65 Tampa 75 50 45' 60* 6634 80 3534 90" 78 81 73 30 3034 3434 36 22 23 8% it 7% 7% 7% Term RR Assn (St Louis)— 1st gold 434s 1939 A&O 1st consol gold 5s 1944—FAA Gen ref s f g 4s *53 op '10—JAJ Terre Haute A Peor 5s 1942-MAS 1st Texas .FAA City Term 6s 1941-J&J26 m 5348 1950 guar 97 69 65 7% 7% 7% 7% 99 73 99 Y4. 9754 8934 7% 7% 7% 7% 6% 6% 6% 95 9834 78 7934 60 6234 8% 8% 8% 78 4034 55 2634 40" 98 38 8034 71" 91 71 45 8834 68" JAD Eq tr 5s 1932-1939 MAN Eq tr 434s 1932-42 (yr)—AAO Eqtr 434s 1932-43 (yr)—FAA Tex Pac-Mo Pac Term RR— • 6634 6634 8% 8% 8% „ MAS 534s 1964. Tol A Ohio Cent 1st 5s 74" 1935.J&J West Div 1st 5s g 1935—A&O Gen gold 5s 1935 J&D St Mary's Div 4s g 1951--FAA Eq tr 6s 1933-1935 (yr),J&J15 Toledo Peoria A Western RR— lstra 93 J&J 50 Apr 1 1950 A&O 72 434«'57gu MAN 70 6s 1952 Toledo St Louis A Western— Union 94 1st gold 4s Tol Term 1st TolWalh Valley A Ohio— 1st g gu 434s 1933 ser B—J&J 7534 8034 1st g gu 4s 1942 ser O M&S 79' Toronto Hamilton A Buffalo— 99 100 72 77 k Last sale. 6634 6% 6% 6% 6% 6% 1943-—-J&J 2000-.—J&D Texas A Pac 1st 5s 1st M g 76 h Dollars per 1.000-franc bond, 95 6534 64 65 2nd inc g 5s Dec 2000 Mar (Jen A ref 5s 1977 ser B-.-AAO Texas A N O con 5s Tol Can Sou & D 1st 4s '50--JAJ 96 «••• 69 Texarkana A Ft Smith— 48 85 56 w 88 5 2954 5434 ■ 90 68 4 OeD A ref 5s 1979 ser O-.A&O 63 1 60 Tampa North 1st 5s '30 op.JAJ Temiskaming A Nor Ont Ry Com Deb 4s 1939-1968 FAA Tennessee Central Ry— 1st m 6# 1947 ser A A&O Gen A ref 5s 1980 ser D. 7% 7% • 44 AAO 67 8% 8% 1 41 A Gulf Coast— 1st g 5s 1953 47 • 35 Sun A Lewis lBt g 1946---J&D Consol m 4 34s 1966 ser A.-FA A Ulster A Del cons 5s 1928-- -J&D Stamped as to Dec 1930 int Ctfs of dep 1st gold 4s June 1 Stpd MAN 1910--J&J L A N So joint g 4s—See LAN Mobile A O coll tr 4s '38-M&S 87 isc. / This price includes accrued Interest, 20 Stamped Federal Tax Southern Railway— 1st ref b Basis. 1937 1st con g 5s gu 4834 7934 Paul 88 '234 Southern Pacific RR Cal— 77 Depot— 1st A ref 5s 1972 —JAJ 3alt Lake City Un Dep A RR 1st M 5s 1938 MAN S A A Ar Pass g gu 4s 1943-JAJ San Fran A San Joaquin Val 1st g 5s Oct 1 1940AAO 3an Fran Term 1st 4s 1950—AAO St 70 10 8134 4534 50 Pacific Ext 1st 4s £ 1940--JAJ 53 60" 81 1st consol g 4s 1933 JAJ 1st consol g 6s 1933— JAJ 1st cons red to 434» g 1933.JAJ Montana ext 1st 4s 1937.JAD 58 1111 1st consol gold 5s St Paul A Duluth— 92 70 (yr)„JAD Eq 5s '32-'39 O (yr) MAS Eq 5s *32-'41 D (yr) AAO 1932-1935 June 1 55 1st consol g 4s 1968 JAD St Paul East Gr Tr 434® '47—JAJ StP'&KOSh 434s 1941—FAA eo"" Develop Develop Develop Eq tr 6s Eq tr 5s St Paul Minn A Manitoba— 65 JAD —.MAS 50-year 434s 1981 ...MAN 434s 1969 with war MAN Equip 7s 1932-1935 (yr) JAD Equip 5s 1932-1939 (yr)—MAN Equip tr 5s 1932-38 (yr)—JAD Eq tr 434s 1932-40 (yr)— JAD Eq tr 434s '32-'41 (yr) JAD Pacific Fruit Express equip 7s 3834 MAN / 85 9734 93 334 254 2 35 91 80 3 2 7634 40-year 434® 1968 25 22 234 _ 1st term A unif 5s 1952—JAJ Eq tr 5 34® 1932-1939 (s-a) MAS Equip tr 434s 1932-1945—JAJ 83 634 1936-FAA 5s 1963 AAO So Pac Coast 1st g 4s 1937--JAJ Southern 111 A Mo Bridge Oo— 1st M g 4s 1951 MAN South Indiana 1st g 4s 1951—FAA So Pacific Branch L 1st 6s '37 A AO Southern Pacific Co— Coll tr 4s (O P) Aug 1 *49 JAD 1st 434« (Oregon Lines) cons gu g 17 83 -JAJ 1st M 4s July 2 1950 South Bound RR 1st 5s 1941 AAO JAJ JAD 1st g 4s 1989 4 deposit I 1st gu 6s 1935 ser B_ FAA / / Certificates of deposit Seab A Roanoke 5s ext 1931-JAJ / Seacoast RR of N J 5s '48--AAO Shamokin Sunbury A Lewlsb'g 2d 6s gold July 1 1925 ext at 5% to July 1 1945 JAJ Shrev Bdg A Ter 5s '55 gu—FAA Sierra Ry of California— 1st s f 6s g Apr 12 '37-AAO 12 Sioux City A Pac 334« 1936--FAA Somerset Ry 1st A ref 4s '55-JAJ Conv g 5s 1934 10 Southwestern— 2d g inc 4s Nov 1989 1st c&usol g 4s 1932 8334 55 5% secured notes 1931—FAA Equip tr 6s (s-a) 1932-37-FAA Eqtr 534s 1932 (s-a) AAO Eq tr 5s 1933-1940 (s-a)-JAJ Eq tr 4 34s Janl5'33-40(s-a) JAD Atlanta-Birmingham Div— 1st g 4s May 1 1933 MAS Seab-All Florida Ry— 1st gu 6s 1935 series A—FA A / 1977 65" St L Peo A N W 5s 1948 7434 6934 5.25% 5.25% 5.25% 4 3 _ 88 St Louis 100 1 5 5 - 1st A cons Certificates of deposit--—— Gen • Louis _ - S A N Ala cons M g 5s 76 86 86 mtge 434s 87 83 JAJ 15 2d 5s 1918 ext to 1938 45" 91 MAS Perkiomen 1st 5s *18 ext to '38Q-J 9834 87" JAJ If 73 6834 AAO Eq tr 5s 1932-38 (yr) MAS 6% Gen equip 5s 1932-39 (yr) AAO b% Eqtr 434s 1932-39 (yr)—.AAO Peor A East cons 4s 1940--AAO 50 2d cons inc 4s 1990 234 Apr 1 Peoria A Pekin Union Ry— 1st g 534® 1974 series A...FAA 96 75 OonM 3348 g£ 1945 Deb 4>4s 1970 Peoria Ry Ter 4s '37 gu op_..JAJ 94" 9434 Paulista Ry 1st 7s '42serA MAS16 Pennsylvania Company— Gu tr ctfs g 4s 1952 MAN Gu tr ctfs g 334s 1937 MAS Gu tr ctfs g 334s 1941 FAA Gu tr ctfs g 3)4® 1942 JAD Gu tr ctfs g 334s 1944—JAD Sec g 4 Mb 1963 MAN PaANYOanal con 5s 1939—AAO Cons mtge 4)4® 1939 AAO ser 44 Saratoga bds May 1 g Cons 10034 8J34 1st A ref 4 34s 1977 6% 48 47 50 1947--AAO Ral A Soutbpcon 5s 1965—JAD Raleigh A 8 W 1st 4s 1936—JAJ Raritan River 1st g 5s 1939--JAJ Reading CompanyWA N A tr ctfs 4s red 105-Q-M Jer Cent g 4s '51 op *00--AAO Gen A ref 434s 1997 ser A.JAJ Gen A ref 434s 1997 ser B—JAJ Eq 5s (JAJ) 1932 ser J —-JAJ Eq 434s 1932-'45 (s-a) ..MAN Phila A R—2d 5s g 1933—AAO Imp M ext g 4s 1947--AAO Cons ext gold 4s 1937--MAS Term 5s g gu May 1 '41-Q-F A 85 Rich Fredericksb A Potomac— Sfextl 7s 1958 MAS 15 Paris-Orleans extl 534s 1968 MAS 0% franc bonds (foreign series) red to 1956 JAD Paterson Ext 1st 5s 1950 JAD Cons mtge 4s 1939 AAO Penn Ohio A Detroit RR— 1st 4s Consol 4s 1956 FAA Ral A Gaston 1st 5s g 1947—JAJ 7434 Pacific Coast Co—See Misc Bonds Pacific Coast Terminals Ltd— 1st M 8 f 634s 1948 FAA Pac of Mo 1st ex g 4s 1938—FAA 2d ext 5s gold 1938 JAJ Wore Rensselaer 7434 92 _ Ral A Cape Fear 1st 5s 1943MAS Ral A Charleston 4s 1956—-FAA Northwestern Terminal RR— 95 _ JAD AAO A Prov A 92" JAJ 50 7434 70 North Penna ext'd 4s 1936-.MAN Gen g 3 3-lOs 1953 40 MAN 5734 Q-F Ref A imp 4)4® 2047 ser A.JAJ 6734 Ref A Imp 0s 2047 ser B—JAJ 83 34 73 Ref A Imp 4s 2047 ser O JAJ Ref A Imp 5s 2047 ser D...JAJ 72 Eq tr 4)4® 1932 (yr) FAA15 6 7% Eq tr 434® 1932 *40 (yr)MAS15 b 7% No Pac Ter Oo 1st 6s 1933--JAJ 10034 No Ry of Oal 5s g gu 1938--AAO 7734 Q-J 100 5 83 1st gen 4s series A Prior lien g 4s Jan 1997 Gen lien g 3s Jan 2047 „ mmmtm ' .... JAJ West Va Ry— 1st m 4 34a 12 Certificates of 1948—-JAD 1st M 5s 1962 series B FAA 1st gen 5s 1974 series C—JAD 1st 4>4s 1977 ser D JAD Portl (Me) Term gu 4s 1901-JAJ Guar 5s 1961 J&J Port Reading 1st gu 5s 1941-t.JAJ Ports Gt F A Con 434s 1937-JAD Potomac Val 1st gu os g 1941 JAJ Prov Sec deb 4s 1957 gu MAN Prov Ter 1st g 4s gu 1956—MAS „ ■■ Pittsb Term RR A Goal— Pitts A Northern Pacific— _ m'im 10034 6% receivers' ctfs 1927—FAA Pittsburgh A Shawmut— 1st s fg 5s 1959 JAD P S A L E 1st g 5s 1940 AAO Cons 1st g 6s July 1 1943—JAJ 100 Nor Maine Seaport 6s 1935. AAO Nor Ohio 1st gu 5s g 1945—AAO 97 FAA 10034 Interest red to 434 % „ mmmm 82 Eq tr 0 34s 1932-35 (yr)_._AAO Pitts McK A Y 6s 1932 JAJ Norfolk Ter 1st gu 4s 1901--MAN Norfolk A Western . . ■'v-rtv ..... deposit -— 6s 1945 ser A—MAS Pitts A Lake Erie JAJ 1st gen g 5s 1954 opt , 73 _rj. *15--FAA Certificates of 80 4s do 8 76 22% 1534 1950-AAO Seab Air Line 1st g 4s do 5934 90 92 AAO AAO 1st M g 5s 1934 Sav A States 1st g gu 5s 1953-JAJ Scioto Val A N E 1st 4s 1989 MAN Ser C 1942 4s JAJ 1st M s f 5s July 1 1937 Sav Fla A W 1st 6s 1934 94" do _ 20 100 1654 Con g gu 434s ser A 1940-AAO do Ser B 1942 AAO do 88 MAS 1942 Sault Ste Marie Bridge— _ do Bid Bonds Santa Fe Prescott A Phoenix- 1932....-AAO Gen mtge gtd 4s 1932—AAO Pitts Oln Chic A St Louis— 51 N Y Westchester A Bos Ry— l®t M g 434® 1940 guar JAJ Nord Ry s f 0 34® 1950 AAO Norfolk A Oar 5s 1939——AAO Norfolk Southern— Ask. Bait- Debenture g 4s Philippine Railway— 1st p 4s 1937 s f opt gu—JAJ Pine Creek guar 6s 1932....JAD P B A L E con g 5s 1947 JAJ Pitts Char A Youghiogheny— 70 ...JAJ FAA FAA MAN BONDS where marked "f" and Income and defaulted bonds Bonds Phila Wilm 49 Ref let g 4s June 14)92 except as to Dec 1930 gold 4s 1952 I In London, n Nominal, int AAO r 75 7654 7634 76% 7634 4534 Sale price. ■OTIOI.—All bond prloea art Bonds and 1st ry & land gr 4s g 1947-- J& J 1st & ref 4s June 2008 M&S 1st & ref 5s June 2 2008--M&S 40-year 44s 1967J&J 40-year 4s 1968 J&D Bq tr 4 4« '32-'38 (yr) M&N Eq 44s Sept 15 '32 *39-M&S15 Bq tr 5s 1932-'37 (yr) M&S • Eq - tr - 7s 1932-'35 (yr) J&D - Union Terminal Co (Dallas) 1st g 5s 1942 opt 1922 a&O United N J RR & Canal Oo— 874 774 88 784 102 85 78 834 71 6.25 6.25 6.25 6.25 73 5.50% 5.50% 5.50% Preferred Bangor Aroostook com-... 50 d Preferred -—-100 Beech Creek (guar N Y C) 50 d Belgian Nat Rys Oo 1st preferred A 5.50% 1st preferred B 904 F&A 754 M&N 754 Vermont Vail 1st 4 4s 1940—A&O Vlcksburg Bdge & Term Oo— 1st M s f 6s 1958 M&S Vlcksburg Shreveport & Pacific— Pr lien 6s '15 ext 5% *40—M&N Gen 5s May 1 1941 M&N Virginia Mid gen 5s 1936 —M&N Va & Southwest 5s 2003 J&J 70 36 Mlnehill & Schuyl Hav (gu)— 75 .85 70 85 A&O 35 40 1st M gold 5s 1962 opt—.M&N 1st m 4Ha 1962 ser B...M&N 85 73 87 Virginian Railway— 39 New London Northern 35 New Orleans Great North d 30 39 35 79 New Orl Texas & Mexico Chicago* Great West com 714 Chic Ind & Loulsv common 54 60 100 100 d 16 Inc New Oi 15 Preferred. 154 Wash Cent 4s Mar 1948 50 ~ 834 180~" d d d 31 m — m 15 74 564 Preferred. 804 85" Preferred d 27 30 d 65 70 110 120 — (guar OH & D)_. 44 47 Eq tr 54s .1932-38 (yrK.J&D West Ry of-Ala 1st 4Hs '58 A&O 85 95 West Shore 1st 4s 2361 674 Western— d > ) 70* ) 35 50 : 52 ^ 75 90 104 95 East Penna (guar P & R)—.. Elmira & W'msport (guar)... (guar Nor Cent). Erie—Common Preferred 52 )d ) d ) d 4 52 48 30 45 35 59 84 8 12 104 ) 84 7 Wichita Falls & Northwestern— J&J Erie & Pitts (guar Pa RR)—. Kalamazoo (guar) ) d ) d 50 50 55 —- 1 Erie & 60 ) J&J 284 65" 5 75" 2nd Georgia RR & Bank Co (gu). 85 ! 80 92 90 1 1st gold guar 4s 1960 J&J Winston-Salem Terminal Oo— 1st M gold 5s 1966----—A&O Wis Cent Ry—1st M g 4s '49 J&J ) J&J { 2d 5s 1936 RAILROAD STOCKS. 334 Alabama Tenn & Nor com Preferred 100 100 100 Albany & Susquehanna (guar) 100 Alleghany Corp———-—(t) Pref (with $30 warrants) 100 Pref (with $40 warrants).—100 Pref without warrants 100 Alabama & Vlcksburg.; $40 warrants Allegheny & West (guar.). Atch Top & Santa Fe 454 Huntingd & Broad Top vtc. 294 324 3 ) Leased lines (guar) Stk tr ctfs—See RR Securs Oo Int & Great North Ry v t C—-1C Internat Rys (Cent Am) com. 0 ) d d Com vot trust ctfs (1 3 . 35 35 ) 1 Preferred.. 100 Atlanta Birm & Coast pref—100 Atlan & Char Air L (guar).—100 Atlanta & West Point 100 Atlantic Coast L Co of Conn. .50 Atlantic Coast L RR com 100 Spec guar betterment stk.. 32 hern Pacific Co 35 10 Ry com 15 (t) i00 100 20 26 Troy & Gr'bush (gu N Y 0)._ 50 Tunnel RR of St Louis 100 45 37 "3" "24 84 85c. United N J RR & Oa-nal (gu)-100 Utlca Chen & Susq Val 94 , 63 180 -.100 34 2 85 100 Union Pacific—Common Preferred 75 Utlca Clinton & Binghamton.100 (gu).10() Valley RR (N Y) (guar) Vermont & Mass (guar) Vicksb Shrevep & Pac com 175 64 15 75 x 100 45 100 - ' 100 100 100 100 Preferred Virginian Railway com Cora vot tr certificatesWabash Railway 114 32 "34 70 30 Preferred A.. 100 5 Preferred B 15 100 3 45 Warren N J (guar D L & W)_ 50 Western Maryland Ry com. .109 75 33 1st preferred 2d preferred 834 Western Pacific RR Corp 100 100 100 Preferred 100 West Jersey & Sea Sh—Com. 50 Wheeling & Lake Erie Ry 100 Prior lien stock 7% 100 60 40 38 85 Augusta & Savannah (guarl—100 9 15 Texas & Pacific 82 Atlantic 1st leased lines rent tr 44 64 100 100 Convertible preferred - 160 85 42 100 100 144 85 )d )d ) d ) d 7 85 100 100 it Tennessee Central - 144 214 304 110 - 50 50 65 90 11 21 59 12 Preferred.. 120 22 75 54 54 105 130 Southwestern of Ga (guar)...100 3 ) 28 98 110 60 ) Lackawanna RR of N J. 11 34 31 28 3 '54 12 110 100 100 4 3 40 105 Southern Ry common Preferred Vfob & Ohio stk tr ctfs 22 60 Little Miami original guar 100 100 16 3 2,4 35 75 So )d 3 84 .... - 8 3d Preferred vtc Maine. :::: 50 <t 50 d 3 3 304 Par Ala Great Southern com Preferred 60 Hartford & Conn Western. ) Worcester Nash & Roch—See Bo ston & s f g 5s 1936—J&J Yosemite Val 13 ) ) Western. 2 13 Saratoga & Schenectady (gu)-100 Seaboard Air Line common.. 100 'referred -—-100 Sharon 50 21 12 35 5 11 18 27 Green Bay & 3 1st & ref 4s 1959 A&O Marshfleld & South East Dlv pur mon 1st g 4s 1951—M&N Sup & Dul Dlv 4s 1936—.M&N 204 Hudson & Manhattan 85 Francisco Ry Preferred mm~- d 70 preferred S* Louis Southwestern J 964 34 65 1001 100 1st pref 6% preferred ) Gen mtge g 4s 1935 J&J Winston-Salem Southbound— 145" 135" d 1001 pref St Louis-San 44% to 1977 J&D Gen g 5s Aug 1 1932 Q-F Wll & Wei gen g 5s 1935—--.J&J at 21 130 St Louis Bridge ) 75" 20 d 110 Rutland 254 50 d 4% 111 Cent stk ctf 1952—1000 Reading Company.. 50 1st preferred 50 2d preferred 50 Rensselaer & Saratoga (guar) .100 Rich Fred & Potom—Com—100 Dividend obligations 100 6% guaranteed 100 7% guaranteed 100 Roch & Genesee Val RR 100 Rome & Clint (gu D & H)__100 /% $ ) 50 50 d Railroad Securities Co— ~~ II" d Penn RR)_.100 Pittsburgh & Lake Erie 60 Pittsb McK & Yough (guar).. 50 Pittsb & West Va common 100 Pitts Youngst & Asht pref 100 Prov & Worcester (guar) 100 5 ) 70 90 Preferred (guar ■ 65"" 50 90 Id Pitts Ft W & Chic com (gu)_. 100 35 8 45 d Detroit Hills & S W (guar)... 21 30 5 d Pitts Cine Chic & St Louis—100 784 224 76 Delaware Lack & 68 17 Prior preferred. 100 d 105 Phila Germ & Norris (guar).. 50 175 ilia & Trenton (gu Pa RR). d 28 Pittsburgh Bess & Lake Erie— 50 55 Preferred. 50 d 154 94 Dayton & Mich com (guar) 75 76 100 Preferred 10 62 95 m'mm 12 11 5 88 61 i 110 1 ] M&S Wichita Union Terminal Ry— lstggu 44« 1941 opt M&N Wilkes & E 1st g 5s 1942—-J&D W111& S F 1st 5s g 1938 J&D Wilm & Newb 4s 1947 F&A Wilm & Nor 1st 5s 1927 extended — 30 55 264 100 50 Paterson & Ramapo 50 Pennsylvania RR 50 Pennroad Corp v t c_. (t) Peoria & Bureau Val (guar)..100 Peoria & Eastern 100 Pere Marquette Ry com 100 : d 115 Consol RRs of Cuba pref 50 100 100 Paterson & Hudson River 30 Columbus & Xenia (guar) Conn & Pass Riv pref 284 Id to Passaic & Del Ext 57 54 ) d 1939 84 874 91 4 95 64 104 1054 Ogden Mine RR (gu Cn N J) .100 Old Colony (gu NYNH&H)—100 Ontario & Quebec 100 Oswego & Syrac (gu D L & W) 60 100" ...- ) 1st & ref g 5s 1940 opt 52 —-- .... 1st 5s Jan 104 45 77 l 90 80 220" 100 i Oleve & Pitts (guar Pa" RR) 11 Betterm't stk (guar Pa RR) 75 22 i ) 82] 83] 14 234 20 PfflfflPF oH guar 25 33 74 100 14 100 122 Norfolk & Western Ry 100 77 Adjustment preferred 100 100 No Carolina (guar So RR). .100 d 69 Northern Cent (guar Pa RR). 50 North'n N H (guar B & M) 100 194 Northern Pacific Ry .100 35 North RR of N J (guar Erie) .100 d 48 Northern Securities Oo stubs.. d 70 North Pennsylv (gu P & R) 60 95 Norwich & Worcester pref 100 254 134 21 Preferred. 34s Jan 1954 op 1924 164 —.100 7% preferred itH 20 90 85 Wash & Colum Riv 4s 1935.-J&J 63 60 30 N Y Ontario & Western 3 24 44 94 Chicago & 59 - 64 "64 34 4 43 70 Preferred 6% 100 I b Baste. /This price includes accrued interest, k Last sale. I In London, n Nominal. sSale price, y Kx-rl«hta. 9 40 Norfolk Southern.. 19 90 Preferred N Y New Haven & Hartf 64 184 214 50 N Y Lack & West (guar) 4 50 50 75 164 154 114 144 Wheeling & Lake Erie RR— 1st consol gold 4s 1949 M&S Ref M 4 bin series A 1966.M&S Ref gold 5s series B 1966.M&S Eq tr 6s Jan 15 1933-35 —J&J Wheeling Term 4s 1940 -F&A White & Black River Valley— 1st 6s 1980 J&J 4 13 10 64 d 100 (gu) N Y & Harlem com 5 d 100 6% preferred 5 Preferred——————100 Chic Milw St P & Pacific- 644 J&J 100 34 124 100 Preferred 6% N Y Chic & St Louis com 1H 100 Preferred 6% 264 1 Chic & East Illinois common. 100 7% 7% 694 New York Central RR Dividend payable in 4 3 21 100 London.. 17 Central of New Jersey ,62 100 Chesapeake Corp (19 d 164 264 Chesapeake & Ohio common—25 d 97 Chicago Burl & Quincy 100 mmmm 50 25 100 ;— ■ 84 100 60 30 pref (guar P & R) Cayuga & Susq (gu D L & W). 2d preferred 900 5 10 48 174 100 100 26 W Side Belt 1st g 5s 1937.-M&S W Va & Pitts 1st 4s g 1990 A&O 62 75 45 1st M 5s 1946 series A 144 144 70 35 Wabash Ry— Ref & gen 5s 1976 ser B..F&A Ref & gen 4 4s 1978 ser O. A&O Ref & gen 5s 1980 ser D..A&O Warren 1st refg 34« 2000—F&A Gen mtge gold 4s 1943 A&O Income g 5s Apr 1943—Nov 1 / Western Pacific RR Corp— 25 100 Id 57 7% prefer 6% prefer hicago St 1 West Jersey & Sea Shore— Consol gold 4s 1936 J&J Cons 34« g series B 1936--J&J West Maryland 4s 1952 A&O 1st & ref 54s 1977 ser A..J&J West N Y & Penna 5s 1937-J&J 14 20 40 61 46 J&J Wash Term Oo—34s 1945—F&A 1st gold 4s 1945 guar F&A Washington & Vandemere— 1st 4 Hs 1947 F&A 100 Preferred 100 Mobile & Birm pref (guar) 100 Mobile & Ohio—See Southern Ry Morris & Essex (guar) 50 Nashv Chatt & St Louis 100 Nashv & Decatur (gu L & N). 25 National Rys of Mex 1st pref.100 .... d Preferred If" Washington Co Ry 1st g Preferred f 15 Missouri Pacific com Common stamped 5% 100 Oatawissa RR—1st pref (guar).50 d d 2d Bq tr 6s 1933-'35 (year).J&J 15 Eq tr 44s 1932-42 (yr)—.A&O Det & Chic ext 1st g 5s '41-J&J Des M Dlv 1st g 4s 1939.. J&J Toledo & Chic 4s g 1941.-M&S Omaha Dlv 1st 34« g '41. A&O Q-M 25"" 15"" 1304 800" 7 d (no par) 100 Mo-Kan-Tex RR com 19 65 4 14 24 Preferred- 55 25 d 60 100 4% leased line ctfs..——100 Mississippi Central 100 45 33 100 d 25 d d 100 234 Minneapolis St P & S 8 M—100 mm'mm (guar) 17 58" Minneapolis & St Louis " 450 45 30 50 Oaro Clinchfield & O com 4%-100 934 Deb mtge 6s series B 1939_J&J(/ 1st Hen term gold 4s 1954-J&J Ref & gen 5 4s 1975 A—M&S 1 20 Canadian Pacific 80 30 50 Eq tr 4Mb 1933-1940(yr)..J&J b Eq tr 5s 1932-1938 (yr).-.M&N b Wabash RR—1st g 5s 1939.M&N 2d gold 5s 1939 F&A.. 1 t 25" 23"" d Maryland & Pennsylvania 100 Massawippl Valley Ry 100 Michigan Central ...—---100 d Midland Valley com... 50 COl • 1 39 100 d 400 —100 Preferred mmm Preferred Brunswick Ter & RySec Oo.--(t) d 864 1st cons g fis 1958 1 Preferred stamped 24 ■■'m 16 51 Canada Southern .... 64 594 1224 unstamped-100 unstamped-100 Camden & Burl Oo July 1914 coupon off 1st gold 4 4s 1934 assenting. _- / 33 10 Bost & Prov (guar Old Col)...100 Boston Rev Beach & Lynn...100 J&J 1st gold 4 4s 1934 opt July 1914 coupon on 80 30 1st preferred A stamped 1st preferred B stamped 1st preferred O stamped 1st preferred D stamped 1st preferred E stamped- 85 22 20 Prior pref 75 _ Series B 1957 Vera Cruz & Pacific RR— d partlc pref— 1st preferred O unstamped-100 1st preferred D unstamped. 100 1st preferred E unstamped-100 91 89 General gold 4s 1944 M&S Gen 1st g 34» Mar 1 '51-M&S Utah Fuel—See Ind & Misc. Utah & Northern— 1st 7s *08 ext at 4% to '33-J&J Utlca Clin & Blng 5s 1939—J&J Vandalla RR— Cong 4s 1955 series A shares American Boston & Alb (guar N Y 0)— 100 Boston & Maine com (stpd)--lOO (guar)__100 Louisv Hend & St L pref—--100 Louisville & Nnshville —100 Mahoning Coal RR ..... 50 Pref (guar L S & M 8)..— 50 Maine Central-100 Louis & Mo Riv pref 33 Aik. 35 90 d LItSchuylNavRR&Ooal(gu) 50 174 75 Bid. Par. Stocks. Ask. 174 314 100 100 Bait & Ohio—Common Union Pacific— and Income and defaulted bonds. Bid. Par. Stocks. Ask. Bid. Stocks. "and Interest" ezeept where marked "f" 81 STOCKS AND BONDS RAILROAD t No par value. 115 NOTICE.—All bond prices are "and Interest" except Stocks and Bonds. Par. Bid. Per Series K Aldred Invest Tr 4Xa Dec 1967-- . All Amer Gen Corp --20 Alliance Investment Uorp (t) Allied Int Investing Corp com_(t) iH $6 d7X X Preferred Units 11 IX 9 45 4 American European Secur (t) Ooll tr s f 5s 1958 ser A J&J Amer Pounders Corp common — 8% preferred-. 7% preferred 50 50 - s 23 2X ~9X ~9X "Ys TX "8" 8^ 12" 13 X $3 preferred (f) Amer Insuranstocks Corp Amer Investors Inc com B IX 2Vs X (t) Warrants X 12X Preferred Associated Stand. Oil Shs Atlantic & Pac Int com ww..(t) Preferred w w 50 3X 10 4Ys X (f) com Preferred Aviation Sec Corp of N E Bancomit Corp Bankers Nat Investing com Bankers Sec Corp of Am Preferred 16 ill 25 ) 5X F&j 12 .?« _ Without warrants- . \ 15 _ - 5 45 X 5 58 3Ys F&A 15 53X 3X 2X Class B (t) Sec com A— B — (+) 60 42M 15! 19 3H -— Third National Investors—._( TrI-Contlnental Corp.—. ( 1 6% cum pref Warrants ; 5X 4X 14 4?* . Major Shares Corp 2 - Mohawk Investing Corp National Ys ) ~2X lp ) -18 IX ~3X 2.50 N Y Bank & Trust Shares 2.80 .4X u ■■■ 4 Ys Niagara Snare Corp (Md) _. 65 J 3Vs 3% . 4* 2 Ys 67 X ~3X 4 Ys 2.00 ser C 2Vs 1.95 Class D Trustee Standard Oil shares A— Trustee Standard Util Shs Trust Shares of America ..... 2% Twentieth Century Fixed Tr Two-Year Tr shares United Fixed Shares United Founders i* 4X 2% (t) common SYs 2X IX 2c 1-7 0th United Bank Trust. United Insur Trust. U S & British Intemat class A-( (t) Class B_ .(t> 6X 6 Ys Deb g 5s 1948 4 46 49 17 X 19X 3X IVs U S & Foreign Securities com_( m-(t) $6 1st preferred — (t) U 8 Overseas com with war r~(t> 3X IX '2 Ys 45X 1 2X 2.44 F 2.05 2-20 H 4 2.05 2.30 A 2 4 ~5X ~9X ! Oil Shares units. 1 ) I Debenture Price per share, not per cent, Certificates of deposit 3 u Universal Trust Shares Utilities Hydro & Rails Shares Utility Equities Corp com—(t) $5.50 priority stock Ex-liquidating dividend, x ~3X 50 4 mm 6X Dec 15 1959 f New stock - ~6% U 8 Shares O 3 X r Warrants. VA 1955. 1956. IX 28X 9 ft) M&N Preferred U S Elec Light & Pow tr ctf A— Trust ctfs ser B U S Elec Pow Corp com w war(t) 2.39 Class B. com s Ys 3X *VX - ) 28 ~lVs 3 Nationwide Sec Co tr ctf B. . D 23 , National Trust Shares O 3 4X 2X Investors ) 74 3X 31* 2.40 18 3X ri 17 Vs ■m 84 70 1| Ys 16 Mutual Management com Nat Industries Shares 74X Trusteed Amer. Bank shares. Series A Series IS 2X 2% 3Vs Massachusetts Investors Metal & Mining Shares com. 1 Ys 6 15 45 O Mutual Investment Trust IX 16" "2" Low-Priced Shares 2.10 B shares O shares Deb 5Xa 1939 Standard Oil Trust shares A —— ~3X B Series 2.10 1.85 15 k Last sales, 6* 54" ~ Trustee Stand Invest ) 3X t Nofpar value 65 ? 2^ 2% 6X Equity Co;pp Stamped Preferred "2" 65 65 55 2 80 shares Eastern Utilities In vesting Corp— Common A (t) Deb 5s 1954 with warr M&S 15 i warr. Class D Jackson & Curtis Sec Corp pref-. 2 72X Crum & Forster Insursh B 10 7% preferred 100 Cumulative Trust Shares Deposited Bank Shares ser NYDeposited Insur Shs ser A Deposited Bank Shs N Y ser A_. Diversified Trustee Shares A 4 4 Ys Class C 55 Without warrants... Investors Trustee Shares. Series 3 8% preferred 12 3.04 Standard Coll Trust shares Super Corp of Amer class A J* 2.10 ft) Credit Alliance class A 5 Ha 1938 Crum & Forster Inc B 4X . 1.85 Common (t) (t) $3 preferred allot certificates Spencer Trask Fund Inc (t) Standard All Amer Corp Class B 3 15 100 AA 2X 3X 1 IX 8 Common B $1.20 preferred $3 cum conv 1st pf-- ) 50 Accumulative series Corporation Secur Co of Chicago 50 preferred Common ) 0 26 2 (t) 100 shares old series. Convertible Trusteed N Y O Bank shares Colonial Investors shares Commonwealth Trust Shares..-. Continental Metropol Corp.. Corporate Trust 50 60 Southern Bona & Share— 83 7% X Without warrants 1952 non—(t) Sterling 83 . 6H IX 50 -1952 5s 83 Secured gold 5s 1933-.; Secured gold 5s 1943 "~X Class B Continental Shares Preferred B Convertible preferred 83 50 X Continental Secur Corp com._(t) Preferred 100 Debenture 5s May 1 1942 13 48X s 20 IX Preferred Chelsea Exchange Corp cl A 14" 2 5c. _ ... 3'40 -(t) 1942 State St Invest Corp---.--- 17X new. 31X Ex-warrants 8 ) ) 1 (t) hawmut Bank Inv Trust 5c Secured gold 6s 1933 Secured gold 6s 1943 16X 2? $5.50 prior stock Allotment ctfs (unstamped) Allotment ctfs (stamped) $5.50 preferred Deb 5s Mar 1 1937 with "Ys ) 6% preferred 75 12 2 Preferred Chartered Investors. 26 Ys 80 Century Trust Shares Chain Store Shareowners (Ohic)._ Chain & Gen'l Equities Inc ) I 3 ,!" Cent Nat Corp class A_ Class B 6H% pref Chain Store Invest Corp 26X I Common B 4 ?°ol* 2.20 Standard Holding Corp cl A— Standard Investing Corp com Int Sec Corp of Am com A 26 8 60 50 Standard Amer. Tr. shares 2 Ys Tyjpe Investors (t) (t) Class B (f) 6% cum pref ser A 50 6fl series A 1953 with warrants 30 (t) Common A "2" 4X 1 Vs 73: Tx Corp General com__(t) $7 first preferred 6% preferred 6s with warrants 6X X 2X \ Capital Administration cl A acurities 2.30 4 Deb g 5s Jan 1949 Tx *.k ■ _-(t) _-(t) 4Xa 50 British 60 Corp unit ctfs(f) 14X 4 $6 pref 2d ser with warr (t) $5.50 pr pref without warr_.(ti Bangicilla Corp Basic Industry Shares Beacon Participations Inc A Nat Inv 172% 2^0 SB 10 Preferred 47 16 Ys I Banklnstocks Holding Corp (t) Bankstocks Corp of Md cl A__(t) Class B ib'x r 13X 19 IX 25"" 20 29 15 6% preferred acona 5X 3X 17 "X Shares acond Int Sec Corp A com._(t) B com (t) 3 20 IX (t) i j ---v ... 7 2 Indus & Power Securities Co.-i Scrip. 12" 8 3X 15 common com 1 Units T X Hydro Elec Sec com 5% preferred class B Illuminating Shares class A_ Incorporated Investors ) Incorporated Investors Equities. Independence Trust Shares f > 15 7.12 35 Trust Shs Common Preferred Debenture 5s series A 1948 Gude Winmill Corp 3 X X (f) - ... 7 $6 units S3 units $7 preferred ~£i6 (f) 3 Vs 6% preferred units Royalties Management A 14 45" Guardian Investors Amer & Overseas pref Amer. Util. & Gen'l Corp A Class B v t c _ ill Convertible preferred Preferred X Tx - preferred Warrants 3Vs '3X ) 3 $3 Research Invest 3 2X 7-16 16 Preferred Preferred. 29 56 4 _ Reliance Intemat Corp com A(t) Common B (f) 54 i 5c. - Power & Rail Trustee shares Public Service Tr shs ser A Public Utility Holding com w w(t) Common without warrants, (t) 23"" Representative C :Y;. ~3X . 10 O $6 pref with warr German Credit & Invest. Pref. allot, ctf. 25% 1st pref__ Globe Underwriters Exchange-(1 > 23 . Preferred 53 r General Equities class A General Public Service com $6 first preferred Gen'l Realty & Uthties com _ - Power & Light Securities Trust(t) 20 ) * 3 ~3X --- . 13 17 X 2)| ) Trading Corp A Corp - : i7x i Glass B General American Investors. 2 Deb 5s 1948 without warr—J&J Petroleum Warrants 5X 50 27 IX IX --- 10 6X ) Pacific Investing Corp 1st pY-100 Second preferred (f) Phoenix Sec Granger Trading Corp 170ths Amer & Gen Sec com class A_(t) Common class B (t) Atlantic Securities itlc Warrants IX 12 "K Series B_. - Convertible preferred 140ths 2.70 -M 10 Y* Five Year Fixed Trust shares--. Fixed Trust Shares series A_. 48 (t) (t) American & Continental Corp— 6s 1943 Amer. Composlt Trust Shares Amer Elec Sec partic pf 2.35 X 4* Ys X Amer Cities Pow & Lt cl A—100 Class B -(f) ib" Preferred. 15 (t) Overseas Securities 48 . Bid. Per 1st serial trust shares 30 Equity Trust Shares A Par. Old Colony Trust Associates— 3X (t) S3 preferred $5.50prior pref 3 - Stocks and Bonds. Ask. share. 38X ) I . — F&A conv pref with warr Equity Inv common 28 Am Bank Stk Tr Shares American British & Cont com.(f) 16 preferred--..-Deb g 5s 1953 Amer. Capital Corp A Class B . Kilec Shareholdings Corp com_< 4X ~7~~ : Bid. Par. Per 3 S3 convertible preferred Warrants Stocks and Bonds. share 2X ASB O Trmrt shares. Series D 4HB 1968--. Ask. where marked "f" and income and defaulted bonds. Ex-dividend 2 X 75c. IX 45X 6% 4X 4^ 2X IX 2X 50 Public Utilities (Includes street and electric railways, gas, electric prices or* "and Interest" except where MOTIGK.—All bond Bonds. Bid. 76% 75 96 90 J&D 76 —MAS 80 86 H * 93 - Alabama Water Service Go— 1st M 6s 1957 ser A J&J Albany Ry—See United Trac. Alleg Bellev & P—See PhHa Go 91 1st mtgeSHs 1954--—-—JAD 1st M 5s 1959 ser B FAA 87 Hud Riv Bdge Go— 1st 7s 1953 AAO Deb 8b 1953 AAO / Beauharnols Power Gorp— Ooll trust a f 6a 1959 w w—AAO Beaver Va Tr gen g 5s 1953 MAN 1st conv m 5s 1950 AAO 70 18 21 1st g 5s 1955 ser A— 87 53 30 34 1st g 5s 1957 ser B 1st mtge 5s 1960 ser 86 H 86% 80 85 6H 8H 5 4H 6% s MAS JAD O—MAN Bell Telep Go of Pennsylvania— 1st A ref 5s 1948 ser B JAJ 1st A ref 5s 1960 ser O AAO Belolt Water, Gas A Elec Go— 45 40 7 99 20 Amer Elec Pow deb 6s '57 MAS 16 28 H 29 39 40 Amer G A E deb 5a 2028 77 78 % Binghamton MAN Power Go— Sec deb 5s 1953-MAN Secured deb 6a 1939 JAD American Natural Gas Gorp— Deb 6%s 1942 with war—AAO Am Pow A L deb 6a 2016 MAS 28% 29% 35 — 40 4% 73% 3H 73 Amer States Public Serv— 51 52 JAD 39H 41% Oonv g 4s '36 conv aft *09-MAS Coll trust 5s 1946JAD Deb sf 5s 1960 JAJ Deb 5%s Nov 1 1943—MAN 94 H 96 MAN Amer Telep A Teleg— Conv deb 434s 1939 35-yr deb 5a 1965 American Utilities 98% 98% 95% 100% 101H 95 H —. JAJ FA A 95% 101 103 96 27 90 75 66 63 Annap A Chesapeake Bay Pow— lit 6s 1948 JAD Ana A Pot R RR—See W RyAEl. Androscoggin Elec let 5s '34 AAO Androscoggin Water Power— 1st 6s 1945— FAA 95 92 60 66 85 86 94 95H Appalachian Gas Corp— Conv deb 6s 1945 ser A—MAS Conv deb 6s 1945 ser B MAS Ardmore St Ry—See Phila Co. Arizona Edison 1st 5s 1948—JAJ Arizona Pow 6a '33 opt '13-MAN 1st 1 A unif 6s 1947 84 H s 15 5 15H s 11% s 13 45 90 95 A MAN 1953—JAJ 45 50 50 53 MAN 41 45 76 H 77H 60 75 85 89 ser Ark A Mo Pow 1st 6s Deb 6H» 1935 102 42 - Arkansas P A L 1st 5s 1956-AAO Arkansas Western Gas Co— 1st 7s 1939 with warr —JAJ Arkansaw Water 1st 5s 1956-AAO Oonv deb 5 Ha 1977 Conv deb 6s 1999 FAA Oonv deb 4 He *48 with warMA 8 Without warrants Conv deb 4%a 1949— -JAJ 15 Cons ref deb 5a 1968 AAO Oonv deb 5s 1950 FAA 53% 54% 56 57 41 42 36" 37% 1 34% 36% .37% 38H 37 Conv 5 He 1938 MAN Aaaoclated Pub Utilities Gorp— 1st lien 5s 1947 ser A .TAJ Deb 6a 1958 MAN ,38 5H % notes 1932 MAS 15 Associated Telep Go Ltd— 1st M 5s 1965 MAS 87 Assoc Telep CJtil 5s 1942——AAO Oonv deb 6s 1941MAS Oonv deb 5 Hs 1944 ser G-MAN Associated Telep A Teleg Go— Deb 5 He 1955 ser A MAN 44~~ 46 43 33 s 88 A 1949 Transit JAJ Gorp 95 FAA Cent HI Light 1st & ref 5s '43AAO Oentral Illinois Public Service— 1st & ref 5s 1956 ser E—MAN 1st mtge 4Hs 1967 ser F—JAD 1st A ref 5a 1968 ser G—MAN 1st & ref 4 Ha 1981 ser H 75 Cent Indiana Gas— Ref mtge 5s 1957 93 98 ser A 4Hs 1981 FAA FAA Buff A Niag Falls El L A Power— 1st gold 5s 1942 ---FAA Buffalo Ry—See Internet Ry— 78 98 40 45 Bait A Ann S L—See Md El Ry Ohes—See Un Ry A El Bait Traction—See Un Ry A El Bangor Hydro Elec 5H» '49-MAS Calumet Gas A Elec Go— 1st A ref 5H* 1960 ser B-.JAJ Calumet A South Ohicago Ry— B Sp Pt A 96" 99" / This price Includes accrued Interest 1st M rehab g 5s *27 op '12FAA / / Certificate# of deposit * Last sale, n Nominal, 20% 97 H A BK 66 H 34 H 35 >4 52% 54 25 30 85 88 50 50 55 55 50 55 J&J Oentral Traction—See Phlla Go Gent Vermont Public Serv Gorp— 1st A ref 58 1959 ser A A&O Oentral West Public Service Go— 1st 1 coll 5 Hs 1956 ser A—MAN 99 98M 33% 34% Series O Charleston Cons Ry Gas A El Oonsol gold 5s 1999 MAS 99 90 Ghatt Rys 1st cons 5s '56.MAN Ohes A Pot Tel of Va 5s '43.M&N Chester Water Service Go— 1st 4 Hs 1958 series A MAS Ohic Aurora A Elgin RR— 1st A ref 6s 1951 JAJ 82 H 84 H 96H —— 90 Chattanooga Ry A Light— 1st A ref g 5s 1956 op '16—MAN 99 H RR 99 91 82 79H 100 100H 65 68 Ohicago Oity A Connecting Ry 95 95 80 56 60 65% 55" 43% 100 H 107 14°,, 94 H 99H 99 100 1st A ref 6s 1953 ser A Adjust deb 6s July 1963 Certificate of deposit. 91H 99 80" 75" 75" 85 82" 85" 90 95 43 43 Oitles Service Power & Light— Deb 5 Hs 1952 MAN 46 f Canadian 46 Deb 5Hs 1949 Oltizens Gas price, s Sale price. JAD ..JAJ 12 8 8 9 9 4 4 29 27 31 29 12 7H 2 4 96 99H 88 H 97 w 45% 44% 44% 44% 44% 45H 63 % s 58H 44* (Indianapolis)— 1st A ref gold 5s 1942 12 6 6 7 7 2 2 60 MAS J&D Cities Service Gas Go— 1st M pipe line 5Hs 1942.M&N Oitles Service Gas Pipe Line Go— 1st M pipe line 6s 1943 JAJ 49 H 54 m Deb 5s 1969 with warr Oonv deb 5s 1950 96% 49 H 90 Deb g 5s Apr. 1958 A&O Deb g 5s 1963 with warr.M&N Without warrant.... 102 95% 48 H 48H 10H 10% 84 5 H» Apr 15/52 ser AAAO 1st 6s 1955 ser B_ -A&O Oitles Serv deb 5a Jan '66 MAS 100 20 44 98 H 1st ref 6s 1947 series A——JAJ Oinclnnatl Street Ry— 1st 22 17 42 94 Oinclnnatl Gas & Electric— 1st M 4s 1968 series A AAO Gin Newport A Gov L A T— 94 65 / / Ohlppewa Power 6s 1947 J&D Chris & 10th Sts RR—See NYRyt Cicero Gas gen A ref 5s 1932-J&J 101 % 36 19 H J&J 78 33 __ 100 99% 99% 72H 10 75 1st A ref 5H« 1956 —A&O 6% notes 1932. AAO Ohicago Railways Go— 79% 1st M gold 5s 1927 opt.F&A / Otfs of deposit / 65" Oons M 5s ser A Feb '27. _A&O / 44% Certificates of deposit f lo5 Series B Feb 1927 J&D f 108 / Certificates of deposit Pur mon 4-5s Feb '27 opt.J&J / 96" Certificates of deposit / AdJ Inc 4s Feb 1927 opt.—May / Certificates of deposit / Chicago Rapid Transit Go— 101 1st A ref 6H« 1944 J&J 100 102 100 49 70 74% „ 90H 10 49 s Deb 5Hs 1935— A&O Ohic North Shore A Milw RR— 1st mtge gold 5s 1936 JAJ 1st & ref 6s 1955 ser A—-JAJ 95 70 % 8% 8% 48% 48% 0011 tr 85 60 f g 5s Jan 1 1927-A&O f Certificates of deposit f Ohicago Olty Ry 1st 5s '27—FAA f Certificates of deposit f Chic Dipt Elec Generating— 1st M 4Hs 1970 -MAS 90 75 85 Corp— 10 yr sec 6s 1938 89 Butler Water 5s 1957 A AAO Butte E1AP 1st s f 5s *32-'51 JAD California Electric Generating— 80 67 Gent States Pow A Lt Gorp— 1st M A 1st lien 5Hs 1953-J&J Central States UtiUtles Corp— 93 93 72H 66% Conv deb 5Ha '49 with warF&A Oentral Ry—See Un Ry&El (Bait) Oentral States Elec Gorp-* Oonv deb 5s 1948-—, JAJ Deb 5Hs 1954 with war M&S15 69 85 96 91 ser Cent Pow 1st 5s. 1957. ser D J&J Cent Pow A Lt 1st 5s 1956—FAA 78H 67 5s 1955-JAJ Burlington (la) Ry A Light— 1st s f gold 5s 1932 opt MAS 100 101 99 90 30 77 H 99 100 70 97 D—_JAJ 88 60" Burlington (Vt) G L 97 98 96 75 MAS 1st. A gen 4Hs 1957 «er E_J&r> 1st & gen 5Hs 1961 ser F—J&D Cent Ohio L A P 1st 5s 1950 A&O 90 1954-JAJ 68H 70 Series B 27 Eqult Trust ctfs of deposit 1st ref gold 4s 2002 JAJ 3-year 7% notes 1921 _JAJ Gent Un Tr temp ctfs dep. Temp ctfs dep stamped Bklyn Bath A WE5s '33—AAO Brooklyn Queens Go A Sub— 1st ra g 5a 1941 (stpd)--JAJ 1st con 5s July *41(stp)MAN Bklyn Un Elev 5s 1950 FAA Stamped guaranteed Kings Co EI 1st 4s 1949—FAA Stamped guaranteed Nassau Elec 1st 5s 1944 AAO 1st gold 4s Jan 1 1951-JAJ Bklyn Un Gas 1st cona5ag'45MAN 1st Hen A ref 6s '47 ser A.M&N Oonv deb 5Hs 1936 JAJ Buff A Erie Ry 1st 6H> 76 Central Indiana Power Co— 1st A ref 6s 1947 ser A J&J Cent MainePr 5s '39%? '19 MAN 1st & gen 6s 1942 ser B—J&J 95 50 _ 97 ref 5s 1951— Cent Pub Serv 93 95 1st A refg 5s 1946 opt—-—JAJ A E A O Ry 1st g 5s 41 AAO 15 b Basis. 94 95 Gen A ref Atlantic Pub Serv Corp— 1st Hen A ref 5s 1955 Bangor Ry A El 1st 5s '35—JAJ 97" 90 84 1st s f g 5s '48 op aft *12--MAS Calgary Power 1st 5s I960-.AAO California Gas A Elec Gorp— Gen A col tr s f g 5s 1933-MAS Unlf & ref g 5s '37 op s f. .MAN Oallfornia-Oregon Power— 1st A ref 6s 1942 ser B JAJ 1st A ref 5Hs 1955 series O FAA Deb gold 5Hs 1942 AAO Calif Telep A Lt 1st 5s 1943-AAO Calif Water Service 5s 1958-AAO 1st lien 5H* 1953 ser A—FAA, Deb 6s 1943 FAA / Aurora Elgin & Chicago RR— 95% JAJ f 6s 1968 ser A—— Gen A ref 5s 1956 mm 60 44 43 H 73 96 1st & 1st A gen 5s 1955 6H% notes 1932 FAA Brooklyn Rap Trans 5s 1945 AAO Buff Gen Elec 1st 5a 1939--FAA 1st ref 5s April 1 1939 JAJ 1947—-JAD JAJ Atlantic Ave RR—See Bkn R T. Atlantic City El 5s 1938 MAS 1st A ref 5 Hs 1954 MAN 1st A ref 5s 1956 AAO Atlantic City (N J) Gas— 1st g 5s Jan 1 1960 opt 20- JAJ Atlantic Co Wat 5s '58---AMAS ser 66% Atlanta Nor Ry—See Ga Ry A El Atlanta Wat, El A Pr 5s 1943 5s 50 80 4H% notes Mar 15 1933-MAS m 66% Atchison Ry. Light A Power— lit 5a Nov 1935 MAN Atlanta Gas L 5s g 1st A ref 5s 1954 Ser A—MAS 10-yr • f 6Hs 1934 MAN Bway A 7th AveRR—See NY Rys Bway Surface RR—See N Y Rys Bronx G A E 5s 1960 JAJ Brooklyn Borough Gas Go— 1st m 5s Mar 6 1938 MAS Gen A ref 5s 1967 FAA Bklyn City A New RR—See O Bklyn City RR 1st 5s 1941—JAJ Eq tr 5s *33-'35 ser A JAJ Brooklyn Edison Go— 31H 62 MAS 1st A ref 5s Jan 1957 Cent Ills Elec A Gas Co— Broad River Power Go— Deb 5a 1950 JAD Brownsville Ave—See PhHa Co Brush Elec Co 5s 1952 AAO Athens (Ga) Ry A Electric— 1st A ref s f g 6s '50 opt '15 JAJ Atl Cons St RR—See Ga Ry A El 97 H 96 97 95 87 99 97 H — 46 56 52 54 94 85 85 British Ool Tel 5s 1960 s 85" 36 76 85 75 88 84 89 95 Gen 80" 34H 77 74 55 Bklyn-Manhattan Ashland (Wis) L A Pow St Ry. 1st M gold 5a 1939 JAJ Ashtabula Water 5a '56 AAO Aasoc Elect 4 Ha 1953 JAJ 5a Jan 11961— JAJ Aaaoclated Gaa A Elec Co— 92 73 MAS ..MAS FAA Brandenburg (Germany) El Pr— Extl 1st s f 6s 1953 MAN Bridgeport Gas Lt 4s 1952 JAJ MAN 100 82 90 102 March 1944 7s Sept 1947 4s Aug 1 1932 Appalachian Power 5s 1941 JAD 7% gold bonds 1936 FAA Deb gold 6a 2024—JAJ 99 MAN 5s Appalachian Elec Power— 1st A ref 5s 1956 96 Gaa West End St 5s 1932—MAN 5s May 1936 MAN 99 89 (N 1938 Deb g 4Hs Oct 1 1937—AAO Deb g 4Hs Nov 1 1941—MAN Deb g 5s Dec 1942 JAD 25 P 5s 33 Blue Lakes Wat 1st 6s '38--MAS Boston Gon Gao deb 5s *47 FAA Boston Elev Ry 4s 1935—-MAN 30 20 JAD MAN AAO MAN JAD - Y) Works AAO Binghamton (N Y) L H A P— 1st ref 5s Feb 1946AAO Birmingham Elec Go— 1st A ref 4H« 1968 MAS Birmingham Gas 1st 5s '59 -MAN 4H% notes Oct 1 1932 Birmingham Water Works Co— 1st m 5H> 1954 ser A--—AAO 1st m 5s 1954 ser B JAD 1st mtge 5s 1957 ser O FAA Blackstone Val G A E 5s '39-J&J Mtge A col tr 5s '51 ser A_ AAO Bleecker StAFulFy—See NY Rys Bloomlngton Dec A Champagne 1st 1st A ref 5s 1940 Co— 1st lien A ref 6s 1945 Deb 6 Us 1941 Amer W W A El 5s 1934 Deb 6s 1975 Ser A Deb 5s 1975 ser B. 31H 100H 3-yr 5H% note 1933 FAA Cent Hud Gas & Elec Corp— S3* 86% Cent Diet Telep 1st 5s *43—JAD Oentral Gas & Electric Co— First lien coll trust 6s '46-MAS First lien coH tr 5Hs *46--JAD 83 31H — 88 mtge 5s 1960 JAD Gent Ark Pub Serv Gorp— 1st 1 A coll tr 5a 1948 ser A FAA Gent Grosst'n RR—See N Y Rys. 100 33 71H 1st 100 80 Berlin Elec Elev A Underg Rys— 1st mtge s f 6%a 1956 AAO — 99H 40% Berlin City Elect 6H» 1951—JAD Sink fund deb 6Hs 1959—FAA Deb 6s Apr 1 1955-—AAO Amer A Foreign Power Go— Deb g 5a 2030 MAS 87 H 95 95 58 41 Carolina Mt Power 6s 1935-JAD Carolina P A List 5s 1956—AAO Cedar Rap Mfg A P 5s '53--JAJ Oentral Arizona Light A Pow Go §7H 87 99 1st g 5s 1937 MAS Bellows Falls Hydro-Elec Gorp— 1st mtge 5s 1958A&O 10 60 93 Oarbondale Ry 5s Nov 1933-JAJ Carolina-Ga Service Go— 6H % notes '32 with warr JAD 30 _ 18 AAO Altoona A Logan Val Elec Ry— Don g 4H« 1933 gu PAA 16 Amer Commonwealths Power— Deb g 6b 1952 ser A FA A Deb g 5 He 1953 MAN Oonv deb 6s 1940 MAS Amor Community Power— Deb 5Hs 1953JAJ 64 Canton Elec Go 5s 1937 MAN Capital Traction (Wash, D O)— 1st g 5a June 1 1947 JAD 50 ... 1st 1 5%a 1948 ser A Deb 6a 1938 75 . Bell Telephone of Canada— Bid. Bonds. Camden A Sub Ry—See P S Gorp Canada Nor Pow coll 5s '53-MAN Canadian L A P 5s '49 op '14 JAJ OanalAOlaib RR—See NO RyAL Canton-Akron Gon Ry 5s '33 JAJ Bear Mt 61 56 Allegheny Gas Gorp 6Hs'43 MAN Alton A St L Bridge 7s 1947 MAN Amer Gas A As*. Baton Rouge Electric Co— 98 92 95 77 Deb 7s 1942 Alton Water 5s 1956 telegraph, telephone and bridge companies.) marked "f" and Income and defaulted bonds Bonds. Ask. Bid. Adriatic Electric Go (Italy)— Extl a f 7s 1952 A&O Alabama Power 1st 5s 1946 -MAS 1st & ref 5s 1951 J&T 1st & ref 5s 1956 MAN 1st & ref 4H« 1967 1st & ref 5s 1968 power, water, 87 54% s 58 H UTILITY BONDS PUBLIC 84 NOTICE.—All bond prion in ''and lnter«»«" except vbira Bid. Bonds Citizens L H & P 96 City Elec San Fran 6s 1937—J&J City & Sub Ry—See Wash Ry & El City Water (Chattanooga)— 1st M 5s 1954 —~J&D 1st M 5s 1957 series O—M&N Clev El 111 1st 5s '39 op '24-A&O Gen M 5s 1954 series A—M&N Gen M 5s 1961 series B—-A&0 Cleve Pains & East Con 5s 1918— 100 Day 8p & Urb—See Ind Ool & E Defiance (O) G&E 5s 1942—M&S 85 99% 90 Deb 5%s 1959 Delaware Power & 90 99% 99 100 85"" 88 2 Commonwealth-Edison Co— 1st M 5s 1953 -J&J 1st M col 5s 1954 ser B—J&D 1st M col 4%s 1956 ser CJ.-A&O 1st M col 4%s 1957 ser D. J&J 1st M col 4%s 1960 ser E A&<' 1st M 4s 1981 ser F. . M&S 3% % notes July 30 1932 --Commonwealth Utilities Oorp—Oonv deb 6s 1938 M&N Commonwealth Wat 5%s A 19471st M 5s 1956 ser B F&A 1st mtge 5s 1957 ser O—F&A Community Power & Light Co Col M 5s 1957 M&S Community Water Service Co— Deb g 68 1946 ser A J&D Deb g 5%s 1946 ser B M&S Conestoga Trac 1st 4s 1950—J&J Coney Isl & Bklyn RR 4s '48-J&J Consol gold 4s 1955 J&J B O & N 1st cons 5s 1939.-J&J Conn Light & Power— 1st & ref s f 7s '51 ser A—M&N 1st & ref 5%s 1954 ser B..F&A 1st & ref 4%s 1956 ser O—J&J Connecticut Power 5s "63—A&O 1st & coll trust 5s 1956 J&J Conn Ry & Lt 4%s 1951——J&J Stamped guaranteed optional-_ Conn Ltg & Pow 5s '39- —-J&J Conn Riv Pow 1st 5s 1937—J&D Connollsv Wat 5s Oct 2 *39—A&O . • 1st & ref 5s 1951 4 Consolidated Telep of Wise— 1st M 6%s 1942 ser A M&N Cons Tr <N J)—See Put*. Ser Corp Consolidated Water of Utlca— 1st M 5s 1958 M&N Consumers El L & P (New Orl)— 1st M 5s 1936 J&J Oonsum L H & P Co (Eliz, N J)— 5s 1938 J&D Consumers Power Co (Mich)— 1st & ref 5s 1936 op '16 J&J 1st 1 & unlf 5s ser 0 1952. -M&N 1st Hen & unlf 4%s 1958.M&N - 19 94 92 F&A Co 69 78 series A—ML_ series B—-M&S Moines City Ry 5s 1936 J&J 80 5s. 1st m 1st 94 m s Conv 34 48% 51% 38 36 s f 6s 16% % f deb 6 %f O 84 97" 4 %* 1056 1st M 5s 1959 1933-J&J 90% 88 Bridge— / 15 Oumb'land T & T 5s 1937 Dakota Central Telep Co— 1st gold 6s 1935 Dallas Gas 1st 6s 1941 J&D J&J S8* 59 72% 72% 25 30 30 35 i 55 — 92% 95 92 94 78 79% 97 J&J *49-J&D M&N atineau Pow 1st 5s 1956 J&D Debenture gold 6s 1941 J&D 16 as 62 65 33 40 93 96 52% 90 A—M&j 75% 78 Duquesne Gas Oorp— 1st conv 6s Mar 151945-M&S1 6% 7 Duke Price Power Co— 1st m s f 6s 37 39 35% 37% 45"" 50" 53" 110 100 92 102 15 '32—F&A15 75 67 60 - 1st 98 102 20 23 21 25" 20 Eastern Michigan Rys-— 51 10 SH A—J&D B—A&O Georgetown Gas Lt 1st 5s '01 F&A Ga Row & Ips—See B & N St Rv Georgia Power 1st 5s 1967--M&S Georgia Power & Light Co 1st mtge 5s 1978 J&D Georgia Ky & Elec—Atlanta Cons St 5s 1939—J&J Atlanta Northern Ry Go 53 Eastern Shore Pub Service 73 98% 95 East Coast 95 100 93 95" 75 70 90 M& 5%s 1947 ser A 10C, 97 % 105 % 1st guar 5s '54 op Gesfurel 6s 1953 Co— 66 1st m 96 :::: 24 80 88 102 1st m 5s Coll trust g 5s 1932 91 96 Co— 97 opt_.A& M& 1939—J& Economy Lt & Pow (Joliet. 111)lst m s f gold 5s 1956 J& 100 53 % 59 60 50% 50% 50% I— Palm & Beth 6s 99 Eighth Ave RR—See N Y Rys Electrical Devel of Ontario— 1st 5s 1933 99 97 % Oorp (Germany 1st s f 6%s 19501st sink fund 6%s 1953—i FJectric P & L Deb 6s 2030-1 Electric Public Service Co— Electric Pow 99% 97% 88 58 4 32% 35 ) 32 34 L 52% 53% ) 28 67 96 27 97 91% 94 1932 , 1st 5s 190S Deb 6s 16 62 66 77 80 19 83% 95% 99% El Paso El Co—• 1st & con g 5s 90 1956 101 lstg7%s 1949 serB J&J 1st g 5s 1952 ser O J&J / 1st gold 5His 1954 ser D J&J Dallas Ry & Ter 1st 6s 1951-J&J / > Empire 97 99 39 41 93 89 s 59 ) trlct Elec Co— 8 64% 70% Empire Gas & Electric Co— > 95 87 ) 103 96 64 64 68 68 91 96 A&O 60 70 73 70 75 82% 90% A&O 1951 M&S 1st 7 3 .M&S 95 99 87 90 A&O Oal) 1st 5s 1933———J&J Qg ( refunding 5s 1945J&J >1 of Spokane— Home Tel & Tel o >pok 1st M g 5s May 1 7 15 '30.M&N 15 Houston El Co 1st 6« '35—J&D Houston Gas & Fuel 5s 1932 M&S Houston Gulf Gas— 1st M & col 68 1943 ser A.-A&O Deb 0%s 1943 with war..A&O Hous Home Telep 5s 1935--M&S Houston Lt & Pow 1st 5s *53 M&S 1st Hen & ref 4 %s *78 ser D M &N 1st lien & ref 4%s 1981 ser E.¬ Houston Natural Gas Oorp — 1st m coll 6s 43 with warr. J&D Hudson Co Gas 5s g 1949—M&N Elmira Water. Light & RR 80% 92% J&J 84% 72 90 95 71 s . 41 44 18 4 25"" 7% 94 '52M&S lilRT Host Man & Fair Pass Ry—See P Home Telep & Teleg (Los Angeles. 19" 16 ) A 1937 ) 15 year sec 6s 1942. See Public Eliz Plainf & Cent J Serv Oorp. Eliz & Trenton RR A&O 97 Utilities Co— Deb g 5%s Electric Public Utilities Co—_ 100 47" 98 Helena Gas & Elec 1st 6s 26% 98 45" 100 30 ) 99 90 25 A.M&S 1st M & ref 4%8 1961 B—J&D Hackensack Wat 4s '52 op '12J&J Gen&ref5sJunel5'77 A—J&D15 Hamburg (Germany) Elec Co— Extl g s f deb 7s 1935 M&N Hamburg (Germany) Elev Under¬ ground & St Rys 5 %s'38 — J&D Havana Elec Ry. Light & Power Gen M 5s 1954 series A—M&S Havana Elec Ry 5s 1952.-F&A 89 i 64 85 85 6s Gulf States i 97 81 60 Lakes M 1st m 6s 1945 99% 87 80 52 100 Mj '%■ Vv-t £■: Edison El 111 (N Y)—See N Y loo" Gulf Public Service Co— 99% 100 99% 89 95 29 50 1st M & ref 5s 1956 ser 90 28 J&J op__M&N Gulf Powpr Edison Elec Tllum of Boston— > 84 34 6 6s 66% J&D Power Ltd1932-1944 M&N Utilities Co— 1st, lien coll tr 5%s 1942..M&N Great North Pow 5s 1935-^-F&A Great West Power Co of CalifGrt West Pow Co 5s 1940.J&J Green Bay Gas & Elec Go 1st & ref 5s 1935 M&N Green Mountain Power Corp— 1st mtge 5s 1948 F&A Greenwich Wat 4 %s *57 ser A J&J Greenwich Wat & Gas System— Ool tr 5s 1952 ser A__ A&O Col tr 5s 1952 ser B A&O Guanajuato Power & Elec— Easton Cons El 5s 1949 East 31 02 1st 76 93 19 77% Great Lakes 84 - 74 1960 ser D Fi East St Louis (111) Lt & Pow— 36% 70 75% 52 1st & gen 6%s 1950 80 26 82% East St Louis & Suburban 65 67 F&A Great 29 72 4 Gt Falls Pow 1st 5s '40 30 20 97 '90—J&J 1st M 7s 1944 35 100 89% 80 Grand Rapids Ry 1st 7s '39 M&N Great Cons Elec Pow (Japan)— Utilities— 107 33 A '56 A&O 1931—J&D Corp— lien & col 58 1943 ser A-J&D Oonv deb 6s 1944 ser 30 98 87 .J&J 1939 85 I Conv deb 6s 1931 ser 20 75 Aug 1st M coll tr 6%s ser 82 % 94 notes Conv ser 6% notes General Water Works 100 100 98" 59 General Public Utilities— _ 94 66% 58 80 Conv deb 5%s 6%% notes 1935 M&S1 Duquesne Light—See Phlla Co Duquesne Trao—See Phlla Co Eastern Connecticut Pow Co— 1st m s f 5s 1948 series A_A& Eastern Mass Street Ry Co— Ref m 4%s 1948 A J&J Ref m 5s 1948 BJ ---J&J 58" 108% 1966 ser 66 5% notes Aug 15 *33—F&A15 5% notes Aug 15 *34—F&A15 5% notes Aug 15 *35—F&A15 General Public Service Corp— Oonv deb 5s 1953 J&J 24 85 51% 95 General Gas & Elec Oorp- 5% Deb Danville Tr & Pow 1st 5s *41 -J&J 57 & El of Bergen Co 5s Gen 5s Nov 1 1954 Dixie Gulf Gas Co— H J&D Dallas Pow & Lt 6s 1949 57% 1st lien col 5s 1934 ser A 3 / !■: 1 88 & Lt. J&D Inc—■ . 100 Cumberland (Jo (Me) Pow & Lt— 1st ft; 94 Detroit International Utilities 1979 ser A— J&J 1st m 5%s 1956 ser B J&J lorlda Pow & Lt 1st 5s '54—J&J lorida Public Service Co— 19% 3 1st M 0%s 1949 F&A 1st 6s 1955 series B A&O 95 lorida Telep 1st 6s 1945—A&O 80% t Pitt Traction—See Phila Co 1<»0% t W Van Wert & Lima Trac— 97% 1st M g 5s 1930 guar J&J / 98 '< 2dStM&StNAv—See 3d Av Ry 97% alesburg Ry Ltg & Power— Con 5s Oct 1934 J&D 91% Galesb Ry & L 5s 1934 J&J alveston-Houston Elec Ry— 1st M s f g 5s 1954 opt A&O i% 0%: secured notes 1931—J&D J&D 6% secured not*s 1931-- 20 Extl s f 6s Feb 15 1954.F&A15 Council Bluffs Gas 5s 1948-M&N — 30 33% Ry. OooperRIvBri'g. Iiclst6s'58M&N Copenhagen Telephone Co—- Tr (Bum 1951 J&J 1st lien & ref 7%s 1941-M&S 20 M&N 1932 58% Cross St Ry—See Int Cuban Telep conv 5s J&J 1947 1st lien col tr 5%s 1957—M&S lorlda Power Corp— Tunnel—, 1953 M&N 95) 95) 25 % Col Ry J&D gold notes 1932 6% 1st m 5%s Detroit Edison 1st g 5s 97 65 35 32 ederated 99 97 85 80 109% 96% 8 o% 86 75 63% 25 s 85) 75) 68 75 M&N 1938 Detroit City Gas 100 94 23 Detroit & Canada 95 f: 68 85 Des Moines Gas Co— 100 j Oonv deb 5%a 1954 72 Des Moines Elec Co— 80 05 8% 9% S F 6s 1937 opt S F 5s 1937 opt Dos 100 A&O Light & 'Traction— 1st s f g 5s 1942 opt M&S Stamped 1st lien g 0s 1942 stpd M&S Debenture 0s 1954 ser B—J&D 1st 1 6s Dos Moines & Cent la Elec 70% 49 ederal 22 90 1st lien 5s 1946— 77 48% 47% 99% 80 92% Op— 6 48 88 Oontin Gas & El deb 5s 1958 F&A 85 90 3 Empire Gas & Elec and Empire Coke jt Ist&ref 5s '41 opt_M< Empire Public Service Oorp— 15 /This price includes accrued interest, 1st, g 5s 1938 opt 1913 92 A...-J&J 1932-1937--M&S 97 25 96 . 91% Derby Gas & Elec Oorp— 77 87 86 A&O Oonsoi Hydro-Elec Wks of Upper Wuerttemburg 1st 7s '56. -J&J Con Ry (New HaV) deb 4s '54 J&J Deb 4s 1955 J&J Deb 4s 1955 A&O Deb 4s 1956 guar J&J & Basis. 65 95 92 6% notes Oct 1 1933— Denver Tramway Terminals 1st M g gu 5s G & E L 5s '32 op '12J&D Jrmonfc & Clarksburg Trac—. 60" '49--M&N M&N 100 97"" Without warrants ransv (Bait) Feb 14 1935—J&J 1952 ser E M&S Ry—See 88 85 90 Stamped as to Pa tax Denver Tramway Oorp— 94) 94) • Crosstown St 87% ""% 99 f 4 % s 1969 ser G M&S 96 s f 4 %s 1970 ser H J&J 82 % 1st & ref 4s 1981 J&D 110 Oonsoi Gas N J 5s g 1936 J&J Consolidated Gas (N Y)— Deb 5%s 1945 101^ F&A 89 20-yr deb 4%s 1951 J&D cot*—see N Y G E L H & P. Underlying; cos-—fc Oonsoi Gas Utilities Co— 28 1st & coll 6s 1943 ser A.--J&D 16 Conv deb 6%s 1943 ser A.J&D 1st & ref 1st & ref 94 72 Co—_ J&J J&J J&J Denv Gas & El 1st g 5s rvrA&° Consolidated Cities L P & Tr— 1st lien 5s 1962 stamped—J&J Oonsoi Gas of Bait 5s 1939. -J&J Gen g 4%s 1st ref 5%s Light 4%s 1971 Gen & ref 5s 1950 ser 98 Cross St 1st 4%s Apr 1954 97% 70 Denver Cons Tram 5s 1933-A&O 1960 M&N Colorado Power 1st 5s *53--M&N Columbia Gas & Elec Corp— 76 Deb g 5s 1952 --M&N 76 Deb g 5s 1952 A&O 15 76 Deb 5s Jan 15 1961 J&J 15 Columbia (S O) Ry Gas & El Co 90 1st M s f g 5s 1939 J&J Columbus Dela & Marion Elec Co 73 1st & ref 5s July 1937 J&J 75 1st & ref 6s (stmpd) 1937—J&J Columbus (Ga) Elec & Power— 95 1st & ref 6s 1947 ser A J&D 85 1st & ref 5s 1954 ser B—-M&N Columbus(O)Gas 1st 5s g '32-J&J Columbus (O) Interurban Ter Co 1st guar 5s 1935——-—J&D / — Col Lon & Spr Ry—See Ind O & E Colum & 9th Av RR—See NYRys 97 Columbus (Ga) Pow 5s '36—A&O Columbus Ry Pow & Light— 1st ref 4%s 1957 ser A J&J 84 Col Ry 1st 99 Col St Ry Oonsoi Gas Elec Lt & P Mfg Co 1st s f 0%s 1953 with war M& Equit G&E Utica 5s 1942-A&0 Erie Rys—1st 6s 1954— A&O Erie El Motor s f g 5s 1941 A&O Erie Ltg 1st m 5s 1967 A&O Erie & Suburban Ry 5s '41-A&O Europ'n Elec Oorp (of Canada) Deb 0 %s 1905 w w F&A 85 98 92 J&J 1st M 4%s 1969 1st M 4%s 1969 1st M 5s Gen g 1st M 100 99% 1933 A&O f Cleve Ry 1st 1933 M&J Cleve Southw Ry & Light— Gen &con 5s 1954 M&S / Clinton W W 1st 5s 1939 F&A Coast Cos Gas & Elec— Ext at 6% to Gold 5s 1951 Ercole Marelli Elec Delaware Elec Power Co— 85 Bid. Bonds. Aski Darby Med & Ohes Ry—See Phlla R Tr. 82% Davenport Water 5s 1961--J&J 95 Dayton Ltg 1st 5s *37 op T2_M&'S 96 ^ayton Pow & L 1st 5s '41--J&D 94% . Bid. Bonds. As*. (Johnst'n, Pa) 1st g 5s 1934 opt 1914—-M&N Citizens St Ry—See Ind Tr & Ter Citizens Tract—See Phlla Co marked Mf" and Income and defaulted bonds. If k Last sale, n Nominal, r 2 4 Canadian price. ■ Hunt'g'n Wat 1st M 6s *54 AM&S 1st M 5s 1954 ser B M&S $ Sale price. 98 100 98 100 97% . 25 30 17 22 38 45 38 45 98 91 93" 80 82 77% 79 45 99% , 100% 99 85 90" UTILITY BONDS PUBLIC NOTION.—All bond Bonds. Bid. Ask. Hydraulic Power of Nlag Palls— lstr& refundlng5s I960—J&J Bef & lmpt 68 1951 A&O 100 101 99 100 91 J&J Idaho Power lst'Ss 1947 111 Bell Telep 1st 5s 88 97 1956—J&D Illinois Cent Trac 5s 1933 J&D marked "f Interest" except where prices ars "and Iiarco Hydro-Elec Co 1st M sf7s 1952 (Italy— -M<! 54 25-yr sf5Hs 1953 ser A-M *<os Angeles By 5s 1938 Italian Superpower Corp— 35 K 93 36 K ' r Commercial Illinois Telep— 1st mtge 5s 1960 ser B M&S Ill-Ky Bdge 6 Ha 1947—M&S 78 82 18 13 )/ 1st & ref 5s 1957 opt A&O Illinois Power & Light Corp— 87H 90 Jamaica Water Supply Co— 1st gold 5Hs series A 1955 1st & ref 6s 1953 series A—A&O 1st & ref 5H" 1954 ser B—J&D 1st & ref 6s 1956 ser O J&D 82 84 James 74 H 74k M&S 63 93 65 8 f deb 5H» 1957 Illinois Power 1st 5s 1933 J&D J&D 1st 7s 1936 98 95 1st 6s 1944 J&D Illinois Valley By 1st 5s '35.M&S Illinois Water Service Co— 1st mtge 5s 1952 series A--J&J Jersey Central Pow & Lt 63 95 J&. Corp— 68 66 60 '! By 4s 1931 Joplln WW 1st 5s 1957 Kanawha Trac & Elec Co— 1st & ref 5s 1936— Pass — 1H 75 91 61H Indiana Gas Utilities 5s 1946 J&J Indiana General Service— 1st M 5s 1948 J&J 80 93 72 95 6s 1942 1 & Light— :f- 24 60 90 tadison Bys 1st g 5s 1936—M&N 93 92 X 32 9 ) 2d gold 4s 2013 J&D [anlla Elec BR & Ltg Corp— 1st lien & coll tr 5s '53--M&S [anlla Gas Co— 88 1st lien coll tr 5Ha 1937—A&O 89 79 1st M 87 H 16-year . 1 1st M 5s 1969 ser I. 99 96" 98" H 34 35K 50 97 H 30 36 J&D 83 "7 78 ■; 74 90 65 64 62 20 72 H 55 61 10 s f 7s 1940 A ser Q-J A&O A J&J 19 77 Gas— 20-year s f 5Hs 1946 Sink fund deb 5s 1955 [ass Utilities Associates— 8 f deb 5s 1949 ser A [assillon Elec & Gas— J&J M&N 82 r" 90 X 82 H 97 83 __A&0 1st M 5s 1956 J&J [cGav & Mt V—See Nash By&L Lemphis Power & Light Co— 1st & ref 5a 1948 ser A J&J 1st & ref 4Hs 1978 ser O—A&O 95 .... 94 96 K Ml ©1 1 1 1st s f 7s 1957 ser A .A&O 1 1 1 • 1 94 M . 86 30" Power— ser l46" 170 <* * 83 H • Guaranteed 6s 1933 100H . 30 [aryland Electric Bys— 64 Keystone Pub Serv1 50 60 [assachusetts 93 53 15 f 7s 1941 [aryland Light & 1st M 5Ha 1950 ... 75 73 85 84 60 s 1st & ref 6Hs 1957 ser A—J&J 1st & ref 6Hs 1962 ser B J&J Bait & Ann S L 5s 1946—F&A 5 1 79 88 •. [etropolit&n Edison Co— 89 - 97 r 92 2 > 98 87" r 94 106 99 7 108" 96 6 93" ) Kokomo 34" A&O W W ) 80 85 1951. 1 12 16 38" 1st 5s 2 / 1st & ref 5s 1953 ser O 1st M 4Ha 1968 serD J&J M&8 1st M 4s 1971 ser O M&N Met Street By—See N Y Bys Metropolitan West Side "L"— 1st gold 4s 1938 F&A Exten gold 4s 1938J&J Guar Trust certif of deposit— K Bapid Transit— 5s '66 op tax-ex. J&J 96 71H 97 69K 70 1st M 5s 1961 .A&O Mich Elec By 5s 1948 J&j Jack Cons Trac 5s 1934—M&N & 12H ) Roland Elev—See Un Iiyi ake Sh Elec 1st con g 6s '33 J & Gen gold 5s Feb 1 1933—-F& Lor & Clev g 5r '27 opt '17 J& Sand Frem & Sou 5s 1936-J& Tol Frem & No 6H» 1925— Extended at 6% to 1933 J& Lake Shore Power Co— 1st and ref mtge 6s 1950J& Lake St Elev BK—See Chic & 47 H 47 H 48 34 H 36 48 68 H .... Conv deb 6s 1944 A&O International Power Sec Corp— 51H Coll trust 6H» 1954 ser B.J&D 97 H 69 H s 6 53 88" 98 s 6H % sec bonds 1955 serCJ&D Sec 7s 1936 D (with war)--J&J Unstamped Sec 7s 195/ ser E Sec 7s 1952 J&J 15 International Ballway (Buffalo-- s UK 92 s s s 81 —, 86 M 83 — — — - - 95" 90 & Elec. Lake Stamped 6% notes 1932 A&O Conv g 7% notes 1932—M&S Intercontinents Power CoDebs 6s 1948 with warr J&D International Hydro-Elec System J .... 40 V J — I I J ) 57 ak PkE lec By. J& 3 Gas & Elec— F& Lehigh Power Securities— J&D 95H 73 3 98 65 3 55 45 40 27 29" 73 27 32 36 90 33 H 43 46 50 52 46 H ) J Leipzig Overland Pow 6Hs '4 Lex Ave & Pav Fy—See N Y Lex (Ky) By—See Ky Tr & T Ref & lmpt g 5s 1960 . 74 47 H Lexington (Ky) Tel— 90 72 M 6s 1944 - 68 74 1st ft! 4Hs I960— Minn St Bys—See Twin Minnesota Nor Pr jt 6s 1934. A&O Minnesota Power & Light (Jo¬ .... 51" 93 97 ist & ref 5s 1955 1st & ref 4Hs 1978 85 89 1st & ref 5s 1955 88 H 91 76 77 50 100 4 96 92 83 60K 101 1st M 5s 1957 .—J&D M&N M&8 J&D 1st 8 f 6s 1944 with warr F&A15 Without warrants...... 63 Mississippi RIv Pow 5s *51..J&J Deb & May 1 1947 M&N 79 Without warrants J 99 101 50 3 90 93 Missouri Power & Light— 1st M 6H§ 1855 ser A M&8 1st M 4J4S 1958 ser B M&N Missouri Public Service Co- 82 85 J 97 H 3 75 11* Mo Rhr Sioux 97 98 81 83" 77 75 79 51 53 2f* Lone Star Gas s * f 5s 1942 S 80 80 1st ref 6s 1948. 97 H b Elec Lorain 78 3 S S 3 3 9 3 /This price includes accrued intareat. T Ang G & JcLaeiaaie. n Nominal, First mtge 5a 1947 1st s f 6s 81 Gen & ref 6s 1942 ser D. Los 98H B 7' Telep 1st 5s 1958--. Los Angeles Gas & EleC Coi 1st & ref g 58 1939 opt— r 75H 97 101 72 75 77 51 77 H 47 47 H 52 *A tl* 50 .... 4 45" 101 48 103 88H 90 85 90 91 99 93 73 75 83 74 86 77 99 H 97 H 91 100H 97 97 100 ^ 97 99 H 98 H 93 101H 98 H 98 H 98 H Canadian price, 63 H 67H 75 76 79 94 80 79 96 90 95 83 74 85 79 65 68 50 60 Mississippi River Fuel Corp — 87 Lombard Elec Co (Italy)—■ 77 75 78 45 3 Ref & ext g 6s 1938 73" Mississippi Power & Light— ) 3 Lockhart Power 6Hs 1950— 10 Mississippi Power Co— 50 * 70 ... - C'y B T 46 45 3 18 3 J&J 3 • 60 Milwaukee Elec By & Light— 1st & ref 5s 1961 ser B J&D 1st M 5s 1971 J&J Milwaukee Gas Light Co— J lst M 4Hb 1961 Llndell By—See Uj .... Minneapolis Gas Light Co— 3 .f. Midland Utll deb 6s 1938.-.M&S Mlllr Etna & Sharps—See Phil Co 78 Lincoln Tel & Tel- 74 67 43 J&J 73 J ] Lincoln Gas & Ele< 48 H 41 By— S ft Conv deb 5Hs 95 14* • 1934 4 1st ) 63 H 48 conv notes 1st M 4 Ha 1967 M&S Minn Gen El 1st 5s *84 op..J&D Q 101H 62 5% J&D J&D J&D J&D Milwaukee Coke & Gas Go— 1st M s f 7Hs 1933 F&A s 49 6% conv notes 1932 5% conv notes 1933 1st and ref mtge 4Hs 1932. J&J V 3 -—.J&D Midland Natural Gas Co— Conv deb 6s 1935 96 Lehigh Valley Transit— Cross St. By 1st 5s g Buff & Lock 1st g 5s 38 M&8 Michigan Light 1st 5s 1946-M&S Michigan Nor Pow 1st 5s *41. J&J Michigan Public Service Co— 5% conv no'es 1935 Middlesex & Boston St Lawrence (Mass) 62 75 Michigan Gas & Elec Co— 1st g 5s 1947 ser A —A&O Middle West Utilities Co— — Lake Superior Dist Pow— 1st M & ref 5s 1956 1st M 4Hs 1940 ser B — 1st & ref 6s 1943 1st M 5s 1956 50 60 82 Michigan Associated Telep Co— 77 V 25 9H JOO Mexican El L 1st M g 5s '35-J&J Mex Lt & Pow 1st 5a '33 • f.F&A ) Laclede Gas Lt ref 5s 1934. 19 Co— A&O 3 8oH 46 —— 99 99 1st IK K >/ / 90 7 - 91H Kentucky 42 92 80 mmmm- . 94" 83H f 5Ha '51 ser A J&J 1st M s f 5Ks 1952 ser B__J&J [annhelm & Palatinate Elec Cos s 89 95 J&D Inland Telep 1st 6s 1948—A&O Inland Utilities Inc— Conv deb 6s 1934 J&D bBasla, 88 H 86 78 f 7s 1935 '32—M&N 1938--J&J Buffalo & Niag Falls Elec By— 1st M 5s gold 1935J&J Internat By ref 5s '62 ojp-M&N International Telep & Teleg— Deb g 4H« 1952 J&J Conv deb 4Ha 1939 J&J Deb 5s 1955 F&A Interstate Nat Gas 6s 1936—J&J Interstate Power let 6s '67—J&J Deb gold 6s 1952 J&J Interstate Pub Serv-Co— 1st & ref 6Hs 1949 sei B—J&J 1st & ref 5a 1956 ser D J&D 1st & ref 4 '58 ser F M&S Interstate Bys 4s 1943 F&A Interstate Telep Co— 1st M 6 1961—'— A&O Iowa Electric Co— 1st mtge 6s 1934J&J 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 4Hs 1958 M&S Iowa Pub Serv 1st 5s 1957.-J&D DeD 5s 1968 M&8 1st mtge 5 Ha 1959 M&8 Iowa By & Lt (Cedar Bapids)— 1st & ref 5s 1932 ser A —M&S 1st & ref 6s June 1946 B—-J&D 1st & ref 5 H® Oct 1945—M&N Iowa Southern Utilities— 1st & ref 6s 1943 F&A 1st & ref 5H» 1950 -J&J Deb 6s 1950 ser A M&N Iron wood & Bessemer By & Light 1st ■ f g 5s *36 opt after *15.F&A 1st g 5s 1936J&D [adlson G & El 1st 5a 1940.A&O Gen & ref 6s 1950 M&N 87 Kentucky Power & Light Colet m 6H» 1948 ser B MA Kentucky Traction & Terminal- — 97" 75* 16 Coll tr s f 6s 1941 ser B —M&N 1st 5s 1948 103H 80 56 92" 101" 100H J&J 87 60 3 95 M&S 93 Kentucky Fuel Gas Corp— 1st M 5b 1957 ser A J&J Indianapolis & Southeast Trac— 1st M g 5s 1935 J&J / Indianapolis Trac & Term Co— 1st s f gold 6s Jan 1 1933--A&O Indianap St gen 4s 1933 J&J Citizens St con 5s g 1933 M&N Indianapolis W W Sec Co— Secured 6s 1958 J&J Indianapolis Water— 1st & ref. g 4H« 1940 opt—J&J 1st lien & ref 5Hs 1953—M&S 1st lien & ref 5s 1970 M&S Inland Gas 6Hs 1938 Inland Pow & L • f 6s '36 A M&S Buff Trac 5s*48 op'13 A&O Kansas Gas & Electric— 30 5s July 1 '33 op '08-A&O Indiana Nor 1st g 5s 1933-A&0 Indianap Columbus & Sou Trac— 1st M g 6s Feb 1 1948 F&A Indianapolis Gas 5s 1952 A&O Indianap & Martinsv Bap Tran— 1st g 5s 1932 opt J&J / Indianap Nor—See Un Tr of Ind Indianapolis & Northwest Trac— 1st g 5t 1923 ext to 1933—M&S Indianapolis Power & Light— 1st & ref g g 87 1947 Kansas Power & Light (Jo— 58 52 1st g Interborough ref&imp 33 Kansas Pow 1st 5s 6% conv notes 1940 -—J&D Indiana Union Traction— 4H» 1956 1st 1st & ref 6s 1954 Debenture 7s 1944 — 96 1st 1 & ref 5s 1963 F&A Indiana 48 W Gas & Utll— g 80 H 91H M 1st Kansas City Power 91 Indiana By & Lt 1st 5s '43--J&J trus - 78 90 88 Indiana Service Corp— 1st & ref M 5s Jan 11950--J&J Col 40 85 He '41 A _M&N Inter borough-Metropolitan - - Ind Nat Gas & O—-See Peo G L&C s 20 90 95 Indiana Sydro-Elec Power— 1st mtge 5s 1958 ser A—M&N Indiana & Mich El 5s 1957—F&A 1st & ref 5s 1955 M&S Deb 38H aneburg Pow L & W 1st M s f-7s 1948-. • 87 64 H 85 Col tr 6s 1957 ser O— 35 20 80 86 26H f g 6 He 1944. s 80 50 1st M 6H» 1953 series B--F&A 1st M 5s 1951 series O—M&S 35 F&A 1950 30 Indiana Electric Corp— 1st M 6s 1947 series A—M&N # Gen M 5s 57 H 40 Spgf & Urb 5s '28—M&N Indiana IT 1st I 101 26 19 1st - Johnst 98 H 95 91 2 J&t 1943 7s 100 . 98 M&N Gen & ref g 5s '26 op *11 g 94 87 93 97 17 79 Indiana Central Telep Co— 1st lien coll 5H 1938 M&N Indiana Columbus & E Trac— Dayt 95 100 Deb A—M&N 1st & ref 5s 1952 ser " Janesvllle Elec Co— 1st & ref 5s 1932-1945 75 — ~ - 1st & ref 4Hs 1961 ser C_F&A Deb s f 6s 1937 ser A A&O — 95 Biver Bridge Corp— 57 )- II-. . A&O Louisiana Pow & Light Co— 1st mtge 5s 1957 J&D - Illinois Northern Utilities Co— Ask Los Ang Pac Co—See Pac El By Los Ang & Pasad—See Pac El By Los Angeles Railway Corp— 1st & ref s f g 5s 1940 J&D Island Gas & Electric— 98 89 59 Bid Bonds. Ask. Bid. Bonds. 85 - end Income end oefenlted bonds. s Sale pricft ser A..F&A City Bdge Co— M&S 16 1953 73K 86 PUBLIC UTILITY BONDS NOTICE.—All bond priota are "and Interest" exoopt where marked 1 f" and Income and defaulted bonne Bonds. Bid. Ask. Mobile Gas Imp & ref 7s '51. J&D Mob Lt & RR 1st g 5s '37-J&D 50 70 53 80 N Y Municipal Ry 5s 1966—J&J r N Y Power & Light Oorp— M&S 6') Monmouth Oons Wat 5s '56-J&D 75 65 85 1st mtge 4?*s 1967 A&O N Y & Queens Gas 1st 5s '34 F&A N Y & Queens Co Ry 4s '46-A&0 1 Oons g 5s 1941 Bonds. Monongahela Light & Pow Co— 1st M 5s 1949 95 ---J&P Montana 67 70 90 1st R E & ref 4s'42 op ' 16_J&J / Guar trust ctfs of deposit. f Adj inc A&O % 74 76 Bankers Trust ctfs of depos. Bleeck St & F F 1st 4s '50.J&J 12" 89?* 74 77% __ Gen & ref s Gen & ref s f 4?*a '55 ser O A&O f 5b 1955 ser D A&O Phila Co Mount Home Telep 5s 1938. J&J Mountain States Power Oo— 1st & ref 5s 1938-—J&J 1st M 6s 1938 series B J&J Mt Hope Bdge 1st 6?*s 57-J&D 1952.---------J&D Mt Wash St Ry—See Phlla Oo Muncie El L 1st 5s '32 op 12-J&J M & U O Tr Oo—See Un Tr of Ind Muncie W W 5s Oct 2 1939-A&0 Municipal Gas Oo (Texas)— 1st M 6s 1935 ser A M&N Municipal Serv coll 6s 1956-F&A s 83 77 X 78% 67 X 67 50 66?* 91?* McGavock & Mt Vernon— 2d series 6s July 1937—J&J Co— 1st M gold 5s 1937 guar—M&N Nassau El RR—See Bklyn R T Nassau & Suff Ltg 5s 1945—F&A Nat Elec Pow Oo deb 5s 1978 J&J Nat Pow & L deb 6s 2026 A F&A Deb 5s 2030 ser B —M&N 78 80 21 24 1 3 83 99 1st 87 90 98 101 98 95 35?* ! 8 f deb J&J A&O A&O Serial 5% notes 1934 __A&0 Serial 5% notes 1935 A&O Serial 5% notes 1936--; A&O Elec 47 50 95 74 100 88 105 North C arolina Pub Serv Co— 1st & ref 5s 1934 opt A&U 102?* 99 1st & ref 5s 1956 85 100?* 98?* 92?* 98 91?* 85 98 —— 75 99 :::: 69?* 71?* gold 5s 1937 opt 1st & eons s Northeastern Public Service— 1st 1 & coll 5?*s 1961 Gen'l 1 & coll 5?*s 1961 93 1st lien & ref 7s 1946 A 1st lien & ref 6s 1947 B & ref 5s 1963 1st 1 & ref 5?*s ser D '49—J&D 1st 1 & ref 5s 1955 ser E..J&D 95" Watcrtown L & P 5s 99" 95 1959.J&J 90 Northern Ohio Pow & Lit— Gen & ref 5?*s 1951- 80 90 72 95 85 87 New York Edison Co— li 107 101 M&S 1st consol gold 1st consol gold 5s 1933 J&J 4s 1933 J&J 1st lien & ref 5s 1956 F&A Gen & ref 6s 1947 ser A M&S Northern Penna Power Co.. lBt & ref 58 1956 ser A—J&D Northern States Power Co— 1st & ref 5s 1941 A&O 103 98?* 97 1st & ref 6s 1941 ser B A&O Refunding 4?*s 1961 87?* A&O 53*% notes 1940 J&D 88?* 109?* 99?* • 86 Northern Texas Elec Co— Coll tr s f g 5s 1940 opt—J&J 100?* 103 M 80 15 NY&ER Gas 1st g 5s *44—J&J Con 6s 1945 J&J 1st g 5s 1933 opt 1913 J&J Northern Texas Utilities Co— 1st s f 7s '35 with war Without warrants 78" 96 99 i ' . / This price includes ' ' H 1 ' m 5s 1958 F&A 92 Ottawa Trac 1st 96 M&S ser A.A&O * Last sale. M 1st 64 73 80 5^s July '55J&D f 5Ks 1970 A&O Otter Tail Power Oo (Minn)— s 75 79 81 1946 ser E A&O Ozark Power & Water Co— 94 98 lsts f 5s 1952 M&8 Pacific Coast Power 5s 1940-M&S Pacific E ec Ry g 5s 1942 J&J 35% 60 70 Gen M 5s 90 93 70 72 *15—J&J 64 66 L A Pa R R Cal 5s '43—M&S 75 Los Angeles Pacific Co— 68 1st ref g 4s 1950 opt 100 J&J Pacific Gas & El ref 5s '42 1st & ref M 6s 1941 ser B.J&D 94 1st & ref 5?*s 1952 ser O.J&D 1st & ref 5« 1955 ser D J&D 99 % 99 1st & ref 4Mb 1957 ser E—J&D 93 96 41 1st & ref 4%» *60 ser F_..J&D Pacific Light & Power Oorp— 41 45 41 Pac L & P Oo 1st 5s 1942.J&J 80 96?* 101?* 97?* 96?* 102 97?* 85?i 86 85 87 98?* Guaranteed Pacific Oonv Northwest deb 6s Serv— M&8 Pub 1950 Pacific Power & Light 1st M 5s 1955 33 34 76?* 78 86 90 Oo— F&A 5-year 5% notes 1936 M&S Pacific Teleph & Telegraph— 1st & col tr s f g 5s 1937—J&J 2 Ref M 5s 1952 series A...M&N Parr Shoals Pow 5s 1952 A&O Pasa & Mt Lowe—See Pac El Ry Paterson Ry—See Pub Serv Oorp Paterson & Passaic Gas & Electric 93 87 s 75 78 92 95 85 90 85 mum mm mm mm- mm 85 95 mtm : 98 " 90?* 91?* 94 M&S 93 M&N 98 87" 89?* Power Oo — & ref 4?*s 1977 M&N 72?* 73?* 98 77?* 87?* 88 90 94 82 85 93?* 95?* 82 84 94?* 95 102?* 81?* 3d" Penn Centra 1 Light & 1st Penn-Ohlo Edison Oo— „ M&N Without warrants Deb 5?*s 1959 ser B F&A Pennsylvania Electric Co— 1st & ref 5s 1954 ser D J&D 1st & ref 4s 1971 ser F— M&N 3X% notes Aug 1 1932—F&A Pennsylvania Gas & Elec Oorp— Deb gold 6s 1976 s«r A—M&S Pennsylvania Gas & Elec Oo— 1st 1 & ref 5?*s *55 ser A..M&S 1st lien & ref 5a 1958 M&S 85 90 10 13 1st & ref 5Xb *54 ser A..-J&J Penna Pow Oo 1st 5s 1956—J&J 77 80 Pennsylvania Pow & Light Oo— 1st M 4?*s 1981--—--A&O Pennsylvania State Water Oorp— 1st lien 5 Xb 1952 series A-M&S Penn Tel 5s 1960 ser C— Penn Water & Powers f 5s 40J&J 1st ref 4Xb 1968 ser B....M&S 80" 92?* 72?* 74?* 93 35 40 s 71" 68" J&D Pennsylvania-Ohio Pow & Lt— J&J 38?* M&N n 98 90 Pecos Valley Power & Light Co. 1st m 63*s 1937 ser A....M&N Deb 7s 1942 J&J Peninsular Tel Oo lst5?*s '51 J&J Deb g 6s 1950 ser A 94 100?* 97 consol gold 5s 1949 93" 88 101?* 81% 99?* Pawtucket Gas 4s 1932 97 92 ..... I In London, 57?* ,50?* Ottawa Valley Power Ckv— Deb 6s 1940 ' accrued interest 78 55 L H & Power— Ref & coll tr 5s 1957 1st lien s f 6s 1943 ser A..M&N ■ 1st Oregon Elec Ry 5s '33 opt..M&N Oregon-Washington Water Serv 1st M 5s 1957 series A J&D Oslo Gas & El Works (Norway)— Ottawa Northern Utilities Co— 8 f deb 6?*s 1943 1st gu g 5s Extl sink fund 5s 1963 Northern Texas Traction Co— 93 . 99 75 80 Northern Ohio Telep Co— 1st s f 53*8 1957 ser A ^.F&A Northern Onto Trac & Light— 87 64 Pacific Public Service Co— —J&J M&N M&N M&N 1st 1 & ref 6s 1943 O 51 27 00 763* Northern Indiana Ry— 1st M 5s I960 Northern N ¥ Utilities Inc— 1st M 28?* 56 84 X 99 1st & ref 5b 1969 ser D M&S lst&raf m 4Mb 1970 serE.J&D North ind Gas & El 6s '52—M&N 94 m 90 I960—J&J 62 35" 86 Northern Elec Oo Ltd—See Misc Northern Ind Pub Serv— 105 6s 1946 A..J&J B F&A ser '45 op bef '16. -M&N Orange & Pas Val R—See P S Corp orange & Rockland Elec Oo— 39 39 & ref 5?*s 1946 M&S North El (Jo & Nor Pap Mills— 1st M 5a 1934-1947 M&N 78 OOy RR—Gen g 5s '43-J&J Gas 5s 1948 m 89?* Northern Conn Power Oo— 1st & ref 5?*s ser B >kla Natural 76?* 85 53?* 75 75 93 F&A r 5s '48 op '15. J&D 72 60 N O Oy & Lake 5s 1943—J&J NO&Oarroll con 5s Feb'33_J&J N O Pow House Oo 5s '41-J&J — 5s 1950 M&S Debenture gold 6s 1940. M&S Oklahoma Gas Util 6?*s 1934 1st M lstsf 5?*s 1950. J&J Ontario Transmission Co Ltd— 49 3* 99 95 1st & ref 5s 1966 ser O—.M&N New Orleans Ry & Light Oo— Canal & Olaib 1st 6s *46--M&N m J&D Oklahoma Gas & Electric— 23 89 X 80 s 1st 1st & ref 5s 1955 series B—J&D Gen M 4Hs 1935 J&J Basis. 65 28?* J&J 19?* 98 1st 98?* 88 J&J North Calif Pow 5s 1932.—J&I) 91 Ontario Pow 5s *43 op to '13.F&A Ontario Power Serv Corp— 97?* 1st & ref g 5s '40 op '20 A&( > North Shore Gas Co of Illinois— 85 100?* Omaha & Council Bluffs St Ry— Ext 6s 1936 ...J&J 83 (Iloboken, N J) 5s 1938.-A&O North Jer St Ry—See P S Corp North Penn Gas Co— 1st M & lien 53*s 1957—-M&N North Shore Electric Co— 78?* 90 88 49 A. 10 95 82?* 81?* Salisb & Spencer 5s 1945.M&N North Continent Utilities Corp— 1st coll & ref 53*8 1948 ser North Hudson Lt H & P Co 70 Omaha & Coun Bluffs Ry & Br 1st sf 6s 1947 A&O 5?*% notes Dec. 1 1932—J&D 75 o ser 5s 1948 ser A F&A (>klahoma Ry 1st & ref 5s '41 .J&J Old Dominion Pow 5s May 15 '51 100 95 rt>r>v sec 6s1 1938 ser V M&N North Boston Ltg. Properties— 73 84 94 87 M&8 J&J 60 1st 6?*s 1943 (with war) Ohio Water 6s June 1933 1st Corp- 93 70 NY&Westch Ltg 4s 2004—J&J Deb g 5s 1954 op guar..J&J S §5" 1st M 5s 1950 F & A New London Gas & Electric— Consol & refg 6s 1933 J&J New Amster Gas 5s 1948—J&J ser 91 95?* M&S D Telep 5s 1944 55 Ohio Val Elec Ry 1st M 5s '46J&D Ohio Valley Gas Corp— 1st ' 8b 37 Equitable Gas 5s 1932 5?*s 1956 North Amer WW & 82?* Ed El 111, N Y. con g 5s '95 J&J F&A B ... —F&A Serial 4?*% notes 1932 Serial 5% notes 1933 37 32 1st 1 & ref 5s 1951 ser C A&O N Y Gas Elec L H & P Oo— 1st g 5s Dec 1 1948 J&D Pur mon coll tr 4b 1949 F&A ser 94 Oklahoma Power & Water 78% 64" 1st gold 4s 1950 opt M&S N J Pow & Lt 1st 4?*s *60—A&O New Jersey Water Oo— 1st lien & ref 6?*s 1941—A&O 1st 1 & ref 5s ser B 1944—A&O 97 87 87 X 41% s 75?* 63?* N J & Hud Riv Ry & Ferry— St Charles St 1st g 4s '52--J&J Newp News & Hamp Ry G & E— 1st & ref 5s 1944 J&J Newp News & Old Pt Ry & El 1st g 5s Nov 1 1938 M&N Gen g 5s Mar 1 1941—M&S New Rochelle Wat 5?*8 '51-M&N N Y Cent Elec 1st S^s'SO-M&S s Deb 5s Nov 15 09 ser O M&Nlfi North Amer Light & Power Co— 97 39 99?* M Ohio State < 90% Conv deb 5s 1957 ser A__M&tDeb 5Mis 1963 ser B___F&Al<, 100 A&O -J&D 1st 4?*s 1961 ser B M&N New Hampshire Pow 6s Dec.1943 A—J&D 103?* North American Edison Co— 64?* ser 1944.-J&J Deb 5s 1961 97 1949 J&J 1953 Norfolk St 1st g 5s North American Co. 95 Inc 6s Nov mtge 6?*s 98 63?* 83?* A..A&O 103 K A A '50--M&N 95 New Eng Pow 1st 6s 1951—J&J New Eng Tel & Tel— 1st & ref 5s 1952 series ser 92 64 New Mexico Power— J&J 1st M 5s 1958 New Milford Pow 1st 5s '32.F&A New Orleans Pub Service Oo— 6s 93 62 5s gold Oct 1 1932 1st 6s 1952 series A cons Norf & Ports Bdge 7s 1942 Norf & Ports Tr—See Va Ry & P Norf Ry & Lt 1st 5s 1949—M&N 62?* 62?* J&D —J&D 1st & ref 581954 2X *10 1st & ref 5s 1955 series A.A&O 61?* 1964 6% notes Dec 1932 13 Niagara Lockport & Ont Power— 62 Deb 6?*s / I Nippon Elec Pow Ltd (Japan)— 61 1948.A&O —J&D M&N 6^8 1962 95 62 New Eng Pow Assn 5s Deb g 6s 2024. 1st & ref 7s 1947 61 -J&D M&N 1950 Oonv deb 5s 1st & ref 6s 1953 series C.M&S 92 96" — 5 59 J&D Association —M&S 1932 80 Ohio Public Service Co— 1st M & ref 7?*s '46 ser A.A&O - 1st & 97?* 8 f 5s M&S 97 82 Niagara Falls Power— 3% notes June 15 1932—J&D15 New Brunswick (Can) Pow Co— 1st M 5s 1937 M&S New Castle (Oity of) W 5s'41 J&D New England G & E Deb g 6s 1947 Conv deb 5s 1948 91 Ohio L & Pow 1st 5s 1944 Ohio Pow 1st & ref 5s 1952 B J&J 1st & ref 4Mb 1956 ser D.J&D N Y Steam 6s 1947 105 4?* M&N 1st M 5s 1951 M&N 94 N Y & Suburban Gas—See West Chester Ltg N Y Tel 1st 4Hs '39 tax ex.M&N 96 95?* N Y Water Service Corp— 1st M 5s 1951 ser A 75 .M&N 75?* 86 Nat Public Service Corp— 5s 1978—F&A Nat Toll Bridge 6s 1939---J&J Nebraska Pow 1st 4?*s 1981-J&D Deb 6s 2022 ----M&S Nev Calif Elec 1st 5s 1956—A&O Debs 6s July 1941—--- J&J Newark Gas 6s Apr 1 1944—Q-J Newark Oons Gas con 5s 48-J&D New Bedford Gas & Edison Light 89 con g con 12K 12% 7 7 93 4?*s '62 op '13--M&N Certificates of deposit..... —— 50" A&O 5?*s 1962 6s 1952 1st 96 12 Ogden Gas 5s 1945 M&N Ohio Cent Telep 1st 6s '47. -J&J Ohio Cities Water Corp— 1st m col tr 5?*s 1953 ser.A J&J Ohio Edison 1st 5s 1957 A&O 1st & consol 5b 1960 F&A Ohio Elec Pow 1st M 5s 1957 J&D Ohio-Kentucky Gas Co— 1st s f 63*s 1943 ser A J&D 98 1st ra 4?*s 1980 New York State Rys— Nashville Gas & Heating Debenture gold m m 1st A ser J&J 1st 1st 67 f 5s 1958 95 1st ref M 6s 1951 ser A—M&N 1st ref 6s 1952 M&N N V State El & Gas Co— 71 73 30 s 7s 1942 22 34th St Crosst 1st 5s '96.-A&O / 23d St Ry 5s 1962 J&J / N Y & Richmond Gas Co— .... J&D 1st M Oberpfalz Elec 7s 1946 Ocean City Costal Highw Bdge— IK .... s 74 IX 20 10 Muskogee Elec Tr 5s 1934--M&N Mutual Telep (Pa) 1st 5s 45. A&O Cons g 5s 1953 opt 1908—J&J Ref & ext gold 5s 1958—-J&J 50 35 35 1st m 5s ser A 1957 J&J Northw Tele«—See W U Teleg Nova Scotia Light & Power Co— 2 X Sixth Av RR pur M 5s '65.J&J Third Ave—See under "T" 96 Northwestern Pub Serv Co— 40 40 Second Avrecei'ctfs 1914—. f 7s Narragansett Elec Co— 1st M 5s 1957 ser A_——J&J Nashville Railway & Light;— Jan 1942 83?* 82?* Morn side El St Ry—See Deb g 5s Bway & 7th Av cons 5s '43 J&D Certificates of deposit Ool & 9th Ave 1st 5s '93—M&S Lex Ave & P Fy 1st 5s '93 M&S 92 90 H 1st & ref g 5s 1941 opt..—J&J Gen & ref 5s 1955 series A. A&O Northwestern Power Oo Ltd— 1st m a f conv 6s '60 ser A. J&J 2 _ A&O Gen & ref 5s 1955 ser B___ A&O 40 ' 1H 70 Montreal Pub Service Corp— M&S 523 39? 3 84 82?* 1913 25 5 35 66 1st ref & coll tr 5s 1951 ---A&O 1st ref col & sf 5s 1970 serB M&S Montreal Lt Ht & Pow Co— 1st & ref 5s 1942 Montreal Tramways— 25 Northwest Elec 1st 6s 1935.M&N Northwestern Elevated (Ohlc)— 1st mtge 5s 1941 opt M&S Union El (Loop) 5s g '45-A&O 2d" Prior lien 6s 1965 ser A_._J&J AdJ Income 6s Jan 1 1965.Apr / New York Railways— Montreal Isl Pow 5?*s 1957-M&N Montreal Lt flt & Pow Consol— Gold 5s 1933 opt Bid. 82 X 100?* 81?* Stelnway Ry 1st 6s 1922—J&J 1 York Rys Corp— Power— 1st & ref s f 5s '43 op 18--J&J Deb g 5s 1962 ser A———J&D Bonds Northwest Louisiana Gas— 1st M 63*s 1933 with warr.J&D " New Monongahela St Ry—See Phil Oo Monongahela Valley Traction—■ 1st M K 5s '42 opt *22 J&D Monongahela Valley Water— 1st M 5X* 1950 series A—J&J Monongahela West Penn Pub Ser 1st lien & ref 5?*s ser B '53 F&A Montana-Dakota Power Oo— 1st m 5Hb 1934 J&J 101 Ask Bid. Nominal, r Canadian price, s Sale price. 91?* 81?* 54 s 92% 97 9o - 97?* 81% PUBLIC WOTIo*.—Ail bond prices V.) Bid. Bond*. ; Pensacola El Oo let 6s '31—F&A People* Gas (N J) 1st 5* '68. J&D People's G L & Ooke, Chicago— 1st 0s 1943 A&O Refunding gold 5s 1947—M&S cons g let & ref 4s 1981 J&J 3M% notes Serial 4%% Serial 4M% Serial 4 M% Serial 4M% July 30 1932 notes 1933—F&A notes 1934 F&A notes 1935 F&A notes 1930 F&A Ohlc G L & O 1st 5s 1937—J&J Oonsum Gas 1st g 5s '30—J&D lnd Nat G&O g 5s '36 gu.M&N Mutual Fuel Gas g 5s '47 M&N Peoples Light & Power Corp— 1st lien 5Ms 1941 J&J Oonv deb 5s 1979 J&J People's Traction—See Phlla R T Peoria Bloom & Ohamp Trac— or* Ask. WWOoprlfis '48—M&N 84 89 89 99 90 90 Hob & Pat 4b 1949--M&N P 8 Newark Term Ry 5s'55 J&D Nor Jer St 55 oO 53 63 Secured gold 5s 1907-——J&D 32% 83 H Alleg Belle & Per 5s 1935-A&0 Ardmore Street 5s 1953—A&O Central Trac 1st 5s 1929—J&J Duquesne Lt let M 4 Ms'07A&O 70 25 60 80 35 94 94'% Duquesne Trac 1st 5s '30.-J&J Fed St & P V 5s May 1'42_J&J 60 25 Ft Pitt Trac 1st 5s 1935—J&D Mtllv Et & Sh 5s 1923—M&N 65" Morr 'side El St Ry 5s '35 A&O 73 78" Washington St Ry— 1st & coll tr gu 5s 1933-A&0 Pitts A lleg & M gen 5s '30 A&O 80 85 35" Mourt 60 Biirm Traction— 60 PlttB Trac 1st 5s 60 85 65 75 A&O So True 1st & coll tr g 5s '50 A&O 2d Ave Tr 1st 5b 1934 J&D Gold 5s July 1933 J&J 24 25 35 60 r United Trac 6e 1997 ctfs__J&J WeBt End Trac con 5s '38-J&J Phlla Elect Is,'. 5s 1900 A&O 23 25 100 1st M 4s 1906 A&O 1st lien & ref,no 4Mb 1967 M&N 1st & ref 48 1971 J&A 88 1st Darby Media & Ches St Ry 1st 4Mb '30 opt '10 gu—J&J Hest Mantua & Fairm 5%a '34 Market Street Elev Pass Ry 1st g gu 4s 1955— M&N Union Traction— Elec & Peo 4s tr ctfs *45-A&O People's Traction Oo— P P Ry tr ctfs 4s '43 -F&A 35" 1956-M&N — 35 93 95 M&N 1955 5s 1969 1O07 M&N A&O --MAN 4Ms 1970 1st A&O M 1st vi 1st M Phlla & 4Hfi W Ches Tr 4b 1954. .J&j Phlla & West Ry 5s Piedmont 1960 J&J 199% 57 67 68 73" 26 32 45 55 71 73 27 29 Portland General Elec 80 85 78 Roanoke W W fie 1950 63 M 67" 97 92 M 96M 98 98 96 85 85 87 16 Roch Rv oons 6s v 1930 A&O Certificates of deposit 21 87 22 2d 6s g 1933 ctf dep Rochester & Syracuse RR— 1st 1st mtge 5s 1950 ser E—M&N 1st M 4 Ms 1901 series F—A&O Potomac El Pow Cons M g 6s 1936 guar—J&J Gen lien & ref 6s 1953 A&O Power Oorp of Canada Ltd— Oonv deb 4 Ms 1959 Ser B-M&S M 0Ms 1942 Ser A-M&N 1st M a f 0s 1942 Ser B—M&N Deb gold 5Hb 1947—--M&N Power Gas & Water Sec Corp Coll tr 5s 1948 with warr.M&N Power Secur coll tr 0s '49—-J&D Incomes June 1949— F&A Providence Gas Oo 1st 5M» 1942 Prussian Elec 6s 1954. Public Elec L Oo & (St Albans, Vt 1st 5 Ms 1950 A&C Public Service Oo of Colorado— 1st & ref 6s 1953 series A—M&S Ms'54 series B-M&S ser 94 . 92 M&N m&n 95 99 93 96 1st M 5s 1938 1st ref 4 Ms 1958 ser A Rome (Ga) Ky & L 5s '40-A&O 59 Rome (Na^) Gat . Elec Lt & P 1st ref 5s 1940 _ Ruhr Gas 85 A&O Corp 0Ms '53 A Rumford Falls Pow 4s 1945.A&0 s 30M 31% s 86 89 82 90 95 24 27 60 61 75 77 w 95 H 40 Joseph Gas—1st 5s 1937—J&J 45 53 56 82 St Joseph Ry, Lt Heat & Power— 1st g 5s Nov 1 1937 M&N 1st & ref 5s 1946——..—J&J St Joseph Water 5s 1941 A&O 75 88 92 St Louis Oo Gas 1st 5s 1951—. s 82 M St Louis Co s 77 Gen M 4M" May 1948—M&N Rutland Ry Lt & P 1st 5s'4B M&S 85 76 Safe Harbor Water Pow. Corp— 90 1st mtge s f 4Mb 1979 J«D St Charles St RR—See N Orl Ry & Light St Clair County (HI) Gas & El— 92 1st cons guar 5s 1959 M&S 56 64 78 70 85 101 J&D 94 54 90 94 65M 66" 23 M 70 65 26 75 70 105 103 23 M 24M 10 Oonv 0% note* 1933— J&J St Paul Gas Light— Gen gold 5s 1944 Gen & ref 0s 1952 Salt River Val Water Users Assn Power 86 78 M 87 M 5M« ' 90" 89 97 99 95M 99 b Basis. / This price includes accrued interest, lished on Montreal and Toronto Exchanges. 4M% notes 1932— k Last sale. I In London, 80 J&D San Diego Water Supply Oo— 1st m s f 5s 1955 M&N n < 94M 84 78 10 M 85 M 89 76 • 79 45 '• 50 29 29 30 s Oorp— J&J f 6s 1944 wltb warr Without privilege—-— 1948. J&D roth N E 1st 5a Deb g 5s 1970. 3 Ohio Elec 6s 1965 s Telep 102 102 J&D —J&D 1st g 5Ms 1959 ser D J&J Pub Utll 1st 6a 1943——J&J ro rothwestern Assoc Telep Co— 1st M 5s 1961 A&O rothwestern Bell Telep— 1st & ref M 5s 1954 ser A.F&A 9an Antonio G & E 5s 1949-M&S 90 80 86 75 70 77 San Diego Oonsol Gas & Elec— 1st g 5b 1939 opt 1914—M&S 1st & ref 5s 1047 ser B M&ft 80 s s 76~" 97 M&N 75 85 s u A—A&O ser 1st lien 0s 1937 with warr A&O »utbern Wise Pow 5s 1938 .A&O 82 s —_lrf&N 84 94 s 96 25 70" 90 ..... 94% 21 60" 1st ref 6s 1952 series A J&J 1st & ref 58 1958 ser B J&J San Antonio Tr 1st 5s '49-M&S v 94M 80 75 San Angelo Telep 1st 5s 1958 F&A San Antonio Public Service— 87 M 94M 92 • 85 s 29% 104 103 M 93 87 .90 Southern Trac—See Phlla C«. mthern United Gas Co— A&O 80 1st & ref. 4M® 1957 ser B.A&O Public Service Oo of Nor 111— 1st & ref g 5s 1960 op *21—A&O ]st& ref 5s 1960 series OJM&N 1st & ref 4Ms 1978 ser D.M&N 1st & ref 4Ms 1980 ser E— J&J . June - .... 94 % 94 M 27 1st 100M Salisbury & Spencer—See N* Oar oPub 8 ervice. Salmon Riv Pow gu 5s '52 op F&A 105 96M Salt Lake Term 8a 1935 J&D 1932-1958 98 M 98 M M&s 1st 6Mb 1935 ex-warr 99 .. 25 75 102 . 20 98 trothern Gas Utilities. Inc— 1st M s f 6Ms 1939 ser A.M&S R T. —i:—F&A 91 45 26 8 f deb 6M* 1930 97 H 89 . 73 —M&S 1«tM4Mal968 Southern Gas Go— 60 J&J 89 72 ser B—M&S rotbern Natural Gas M&S 85 88 35 1st lien & coll 5s 1958 A&O 8 f deb 6s 1958 ser A-.Z-F&A Southern Colorado Power O* 1st g 08 1947 series A J&J Southern Counties Gas (Calif) 32 58 ■1 85 reJ5Mb 1952 « St Louis Sprlngf & Peoria RR 1st & ref gu g 5s '39 opt--J&D St Paul City Ry—See Twin City 85 Oonv deb 0s 1949.—.— M&N Southern Cities Utilities Co— 20 6s 1938 Stewart Mt * M|5s 1947 Southern Canada Pr C* Ltd 1st M 5s 1955 ser A A&O Southern Cities Pub Serv Co 100 66 St Louis-Miss Riv Brldgi 1st s f 0 Mb Oct 15 '47—A&015 70 Corp. ref 5s 1960 ser B.J&J M 5s 1955 F&A HlV&lA8 1901 South Calif Telep 1st St Louis Public Service— 49 65 J&. Pittsburgh Water Co— 9OT A.J&i q 99 98 1st M 6s 1945 ser B 100 104 34 \T—1See Pub Serv 1st & ref 5s 1957 95 .... 67 M 96 f Refunding 5a 1954 J&D Southern California Gas Corp— Collateral trust 5s 1937-M&m 90 H (Mo) Water Co— 1st M 6Ms 1945 ser A J&D 80 ' South Cai Gas Co 6s 1950 .M&N 1st & ref 6s 1958 series C..J&D 95 St 90 f 1st lien 6s 1944 J&D Southern Bell Telep & Teleg— 1st s f g 5s 1941 opt 1910..J&. Sou B vard—See Third Ave Ry. Southern California Edison— Gen g 5s Nov 1939 opt J&. Gen& ref 5s 1944 F&A Refunding 5s 1951 J&J Refunding 5s 1952— M&S 95 82 66 deb 6s 2025 .M&S Southeastern Gas & Water Co— 96 84 85 T^™8.^0!*8 19a0 A—M&!> Southeast P&L 98 88 A&O B 1st & ref 4Mb 1953 ser O..J&J Roch Tel Co gen 5b 1933.A&O 92 75 80 j 92 91 t8! lien £ re£ 68 1900 !.!en & — 1st Telep Oorp— 91 F&i 61 F&; South Ferry—See N Y Rys » 2 25 82 M 80 M&i ser l8tJ£?n & r®f 5B 1957 o :::: m&n / 1957 20 *46F&> 6a Dec 15 1932..J&DL South / J&D j 83" , South Carolina Power Co— 98 Rockford Elec Co 1st 5s '39-M&S Rockland Light & Pow— 73 5s 1st & ref 5s 1946 1940 M&N Public Service Oo of N H— 1st & ref 5s 1950 ser A—M&N 0s conv Rochester Corp of N Y— 1st M 97% 91 80" 5s 1960 J& Sioux City Serv 6s 1951——J&.' Somerset Un & Middlesex Ltg— Mtge g 4s Dec 1 1943—J&I South Bay Consol "Water— 1st ref 5s 1950 M&N „ • J&. J&. 80 Gar Gas & Ej 08 1942—M&Si 34 94 90 F&a 1st M 101 % 96M 40 O*— 1st 0s 1947 ser A 1st 6s 1949 ser B 1st 25-yr 5Ms I960 33 M 50 93 Francisco Power— ™lanSlenL°Or£^,0*8 City Gas & Elec 43 Gen mtge 4 Ms 1977 sor D M&8 3% notes July 15 1932—J&J 15 Ky & Lt 6e 64 opt J&J 75 Sierra Pacific Power Oo— 1st & ref 5s 1960 ser ft Sioux 75 95 95 M 74 <'0. Lighting Co— 1st g 5s 1949 opt 2d M 0s 1949 series A 2d M 5s 1949 series B 40 94M 80 rtC 1951 A&O Shreveport Rys 1st 5s, '32-44. ja. 68 Rochester Gas & Elec Oorp— Gen M 5 Ms 1948 series O.M&8 73 A___M&£ Riverside Trac—See Pub Ser Corn Roanoke G-L 5Ms 1951 F&A Roanoke Ry & El 6s 1953 F&A 55 Potomac Edison O*— Deb 82 -J&J 73 H O—F&A ser 1st mtge 5s Sierra & San 40 Portland Gas 1st 5s 1951-F&A 1st & ref 6 78 38 J&J 63" 1st sink fund 0Ma 1952—J&l Shore 97 45 oo— Portland (Me) RR 3Ha 1951-J&J 1st 1 & con m 5s 1045—-M&N Porto Rico Telep 0s 1944—J&D Postal Teleg & Cable 5s '53—J&J 25 40 38 Rio de Janeiro Tram Lt & P— Co M&S 4% notes Jan 1 1933 J&J Portland (pre) Gas & Coke— 1st & ref g 68 '40 opt '20—J&J 1st l'n & gen 4M" 1940—J&J Power 22 M 92 1935 30 75 4Ms ser D '70-.A&O Sheboygan Elec—See East Wis E Shenango Val Water 5s 1950A&O Shinyetsu Elec Pow (Japan)— 55 J&J 66 30 32 Deb s f 0s 1930 F&A Second Ave—See N Y Rys. Second Ave Trac—See Phlla O*Seneca Pow Oorp 0s 1940..M&S Shawinlgan Water & Power Oolst M&colsf 4 Ms '07SerA A&C 1st col tr 4 Ms '68 ser B..M&* }st co tr 5s '70 tr 1st coll A&O 1937 75 SffaoTrac 1st 0s g 1932-M&N 8eattle-Everett Traction— lit M g 5a 1939 opt 1914-m&1Seattle Ltg 1st 5s "44 opt 'lO-M&t Ref g 5s 1949 opt 1014 A&C (lnd) 33 Penn Rys 1st & ref 4 4s 1960 91M 87 M Rio Grande Valley Gas Co— 1st M 7s 1937 ser A— A&O & Oharlerol—See Phlla Oo Phlla 97 85 Rochester Central Power Corp— Deb g 5s 1963 M&S 99 H Trac—oee 97 94 47 1st g 5s Pitts & Alleg Telep 1st 5s 1949—. Pitts Alleg & Man—See Phlla Co Pittsburgh Rys—See Phlla Oo Plattsburg G & El 1st 5* 1939—— Pomerania Elec. 6s 1953 80 99 37 Richmond (SI) Lt & RR— 1st coll tr g 4s 1952 60 Pittsbuigh 5 73 W W Oorp— 1st M 5s 1957 -m&n 58 Pittsburgh Suburban "Water Serv 1st 1 & ref 5s 1958——M&S 68 39 m 35" a -— - sec. notes 1936 Richland Public Service— 5s 1943-.A&o Schuylkill Val Tr 5s 1945—F&A Scioto Val Ry & Pr 1st 6s'43-J&D Scranton Elec 5s '37 opt 12-J&J Scranton Gas & Water Oo— 1st & ref 6s 1907 ser A— F&A Scranton Ry—1st 5s Nov '32-J&J 1st & ref 5s 1947 F&A T&A Con 63 60 50 * Oon—«oe W 76M 74^ 67 6s 1952 M&N 6s 1953 wltb war..F&A 1st & ref 5b 55 P MrK 99 76 M&N m Richmond 6 Ma 1960 ser A A&O Pitts 95 25 7% Hydro-El Co (Italy)— r 26 Union— 7s 1950 g Direct 84 % 100M Piedmont & North 1st 5s 1954. J&J 1st & ref s 23 24 A&O 1st 4Mb 1958 M&c Scranton-Spg Brook Water 8*rr 4M % notes 1932 J&D15 4M% notes 1933 J&D15 54^ 38% 38% 38M Mtge 90 85 75 95 o Rocb 5s M 84 40 Cons 0s 1955 with rights..A&O 93 H 83 M Phlla Sub Water Co— 1st Serv 93% 83 M Extl deb 0s 1953 J&J Rhine- Westphalla El Pr (Gerrn'y) looM Wat 93 % 39 m&S 1938 Rhine-Ruhr Phlla Subur-Oountles Gas & Elec 1st & ref 4Kb 1957 6s 27 W Phlla Pass 2d 5s 1920— Ext at 5M % to 92 1st col tr conv 6 Ms 1948—A&O Puget Sound Power Oo— 1st g gu 6s 1933 opt J&b Puget Sound Power & Light— 1st & ref 5Ms 1949 J&' 1st & ref 5s 1950 ser O m&N 1st & ref 4Ms 1950 ser D.J&D Puget Sd El Ry 5o 1932 F&A / Quebec Power Oo 1st M & coll tr s f 6s 1968 J&D Queens Bor Gas & El 5s '52-J&J Ref 5a 1955 M&8 Ref 4Mb 1958 m&S Conv g deb 5Ms 62 ser A.A&O Qulncy (111) Ry 6s 1932-—F&A Railway & Light Sec 5s var— Rap Tr St Ry—See Pub Ser Oorp Reading Trac 6s 1933 J&J F&A 1955 5s Philadelphia Rapid Transit— Coll tr g 5s 1957 opt s f—F&A 8 f guar 5s '02 opt r17 M&S 0s gold 1962 M&S 1st rare 0b 1944 J&J conv 99 96 1st j&ftLJ946 °Pfc 1919—M&£ gchuylkin Trac 1st 97 92 H — 75 Sayre (Pa) Elec 5s 1947Schenectady Railway Co— 95 1st & ref 4Ms 1967 a J&D 1st & ref 4M» 1970 F&A 1st ref 4s 1971 A&O Public Utilities Ooniol Corp— 1st M 5 Ms 1948 m&S 6 104 91M 5s_g '52_ J&J So Jersey Gas El & Trac— Secured 40 Browasv Ave 5s 1920—F&A Pitts & Cbarlerol 5s '32—M&N PIttsb Rys 5b 1953 A&O 30 78 Guar g 5s Mar 1 1953—M&S Public Service Elec & Gas Co— 97 1st & ref 0s 1945 ser B—-A&O Savannah Elec Oo a 95 45 1945 opt aft 1910 J&D a 40 2d 0s *14 ext 5% to '44-A&O Riverside Trac 5s I960.-J&D 88 '• Sauda Falls Oo Ltd— 1st s f 5s 1955 ser A A&O Savannah Elec & Power Go— 1st & ref 7 Ms 1941 ser A-A&O 100 98 Ry 4s 1948—M&N Ky. 97 } San Joaquin Light & Power— 35 Or & Pass Val 1st 5s '38—J&D Paterson Ry 90 Philadelphia Elec Power Co— 1st mtge 5 Ms 1972 F&A Phlla & Garretsford St Ry— 59 30 78 27 J O 4M 82 63 El San Joaquin Lt & Power Oorp— Unif & ref 0s 1952 ser B—M&S Unif & ref 5s 1957 ser D J&J 56 Elisabeth & Trent 6s '02-A&O 37 M 102 78 Ells Plalnf & Cent Jersey Ry— 1st g 5s Dec 1 1950— -J&D 60 Not callable San Francisco Bay Toll Bridi 1st M sink fund 0Ms '57— Deb s f 7s 1942 M&N 79 100^ Public Service Oorp of N J— Trust certs 0% perpet M&in Camden Sub 1st 5s 1946—J&J Cons Trac 1st 5b 1933 J&D 50 1927 95 78 94% Auk. Bid Sand Frem & So Ry—See Lake Sh San Fran G & E 4Mb 1933—M&N 78 s 93 H 93 M -F& 76M 91 40 Pitts & — 95 89 Philadelphia Company— v, 1932 75 85 4s 1948 6s Bonds. Sandusky Bay Bdgelst6Ma'42 J&J 4% notes July 30 1932 Public Service Co of Oklahoma- 95 87 Inoome and defaulted bonda. Ask. 75 102 H M&N con Bid. Bonds. Debenture 1st con 5s 1948———M&N Deb 4s 1950 M&N 1st & ref 5s 1950 F&A 1st BONDS Pub Service Co of Nor 111 (Con)1st & ref 4Ha 1981 ser F—A& 1st gold guar 5s 1930—M&N Peoria UTILITY "and Interest" except where marked "f" and Southwestern Gas & Elec Co— 1st mtge 5s 1957 ser A J&.1 1st M 5s 195/ ser B M&N §5" 95" 96 H 97 72 72 73 73 99 89 Nominal, 94 r Canadian price, s Sale price, z Minimum price estab PUBLIC 88 Bid. Bonds. 1st g 5s Sept 1 1932 stpd.MAS Ref A ext 5s '33 op aft 18 MAN 96 22 Genl mtge 5s 1967 ser B..FAA Union Elec L A Pow of Illinois— 98 80 lst g 54s 1954 ser A Union Kiev RR—See N JAJ 78 65 70 Union Trac Co of Indiana— 44 45 N 30 36 934 98 First lien 54s 1951 ser A.MAN Union Water Wks Oo— 80 82 974 984 lst Hen 64s 1942 MAS 15 Unit Elec Oo of N J 4s *49--JAD United Elec Rys (Providence) Natural Gas Co— 20 1st s f 6a 1945 A^Llgnt—Deb g 6s 2022 series A——M&» Southwestern Public Service Oo-lst M a f 6s 1945 Ber A--J&J Southwestern States Telep CoSouthwestern Power q M 6s 1948 1st Southwest Gas Co— 1st £m 6 Hs *37 with Spg itr'k Wat 1st warr- Union MAN ref 5s 66-A&O Springfield (Mo) Gas A Klec Uo 1st mtge 5s 1967 ser A—.J&D Springfield (O).Lt, Ht A P°w^ General A ref 5s 1933-—AAO Sprlngf A N.E Tr 5s 1936--^ Springfield (O) Ry Lst 6s 35 MAS Standard Gas A Elec of Delaware 73 66 J&D AAO 64 66 754 764 64 % 654 J Share Co— Western 81 944 984 30 R>. 96 844 584 JAJ 55 57 United Power A Light (Kansas) lst mtge 5s 1947 ser B FAA United Power A Tran— 75 81 United Rys tr ctfa 4s "49-JAJ United Public Service Co— 30 35 2 Coll tr 6s 1942 ser A....-AAO 20 100 101 United Pub Util 6s 1947 A.-AAO 101 Deb g 5481952 Deb 6s 1973 71 91 99 / 5s 1937 opt.Electric Service Oo— lst mtge 5s I960--Texas Gas Util. 6s 1945—— Texas-Louisiana Power Co— lst 6s 1946 series A.——JAJ } f deb 6s 1942---- 90 90 90 Irty-fourth St / O incJan 1960 / le Water Power bo 5s 1946.-AAO Crobstown—See 1st 6s 79-FAA Electric Power 1955 ser st s f 7s (Japan)— A -.MAS16 6% g notes 1932..—JAJ Icyo Elec Light Co (Japan)— st g 6s 1953 series-.--_JAD16 iedo Edison 1st 5s 1947—MAS r-yr Norw—See Lake Shor lst g 5s '36-AAO Iedo Light A Power Oo— \% notes 1932 -----JAD peka Ry A L lst 6s 1933-FAA mton G A El g 6s 1949--MAS mton St Ry con g 5s 38-JAJ rState Telep A Teleg— I From A 1G E A H con ; Via 1942 - ...MAN !.t M 5. 1942 ser B-—-MAN City Ry—See Dn Tr (Alb) >y Gas 2d 6s '23 ext to 39 FAA Lst 6s 1939 —--—MAN h A 29th Sts—See 3d Ave Ry L Street Ry—See N Y Rys In City Rapid Transit Co— st lien A ref 54® 1952 J&D It Paul City 1st g 6s 1932 AAO lst cons 6s g 1934 -AtO Cable con 6s 1937...-JAJ15 Guaranteed In States Gas A Electric— Let A ref 5s Oct 1953.---AAO Lst 1A ref 5 4s 1945 Ser A.MAS rin States Natural Gas Co— Donv deb 6s 1933 FAA rol Hydro-Elec Pow Co— Lst M s f 74s 1955 MAM 3uar s f 7s 1952 FA A Igawa Elec Power (Japan)— Lst M s f 7s 1945 MAS15 43 30 30 54 93 60 52 50 50 68 12 54 United Rys of St Louis— Gen g 4s July 1 1934 44 4 99 95 38 40 41 45 g 44s 2004 JAD Albany Ry con M 5s g '30-JAJ Gen g 5s 1947 JAD Troy City Ry 6s g 1942—AAO Unit Tr (Pittsb)—See Phila Oo. 92 80 85 40 48 ~2":r "5~" United Util let 6s '43 op '18-JAJ United Wat G A E 5s 1941 28 22 25 A&O 32 35 67 Light Co— Utah Power A Light Oo— Deb 6s May 1 2022 96" 94 824 464 35 854 MAN 78 80 85 87 80 1949 JAD 15 Gen M 6s 1956 ser D—A&O Utica A Mohawk Valley Ry— 354 15 20 48 Deb ---- 50 60" 58 62 55 60 A*\ 55 Wthout warr 95 844 854 99 90 95 1024 99 97 99 95 42 40 York Rys 1st M g 5s '37 674 50 60 64 90 75 90 944 87 694 F&A 67 68 PUBLIC UTILITY STKS. 97 98 Alabama 93 944 s f 6s 1946 .......AAO F&A MAS lst Msf g 5s 1940op '15 JAJ Certificates of deposit Watert'n LAP—See No N Y Util Waukesha Gas A Electric Oo— lst 5s 1959 JAJ Westchester Elec—See 3d Av Ry Westchester Lt lst g 5s '50—J&D N Y Sub Gas—1st g 5s '49.M&8 5s 1936 MAS Zanesv Ry L A P—Seo Col New A 1st Power $7 pref 16 preferred.. $5 preferred — 93 93 100 101 100,, Zanesv Par 89 79 100 ..(t) 60 (f) ... Class B 4 Common first A(t B preferred (f 4 first preferred 99" ptlon warrants—... Amer DlsTel of N J com 65 63 63 60 Preferred Amer Elec-Power S6 Dr 62 85 55 50 52 98 14 (no par) .....100 65 80 214 % 60 Amer Oommonw'lths Pw com 101 1034 964 Amer A 504 61 56 584 L. mtge Allegheny Gas Corp (f) Allegheny Traction—See Phila Co Amer Cities Pow A Light cl A.50 .... 85 1st A gen 5s 1960 JAJ Waterbury Gas Light Oo— 1st mtge 44s 1958 MAN Waterloo Ced Falls A No Ry— 554 45' 90 76 96 (f ) Foreign Pow csm (no par) Preferred (no par) $7 second pref series A...._(t) $6 cum pref (f) 2t* M* $7 Warrants ......... Amer Gas A Elec com...(no par) Washington Water Power Oo— lst ref 5s 1939 op JAJ 424 85 2 Youngs-Shar Ry A Lt —See MahA S Ry A Youngstown A Suburban Ry— 75 Coll trust 54s 1941 8 90 opt.JAD 954 Washington A Suburban Cos.— m m m* 88 1st M g 5s 1936 opt 1915—AAO / 94 93 6e ^ m 844 83 Youngstown A Ohio River— 1942--J&D 1st City A Sub 5s g 1948 92 97 Yadkin River Pow 1st 5s '41.AAO Yunkers Ry—See Third Ave Ry York Haven Wat&P 1st 5a'51 JAD Guaranteed 97 30 31 84 MAN 45 44% notes 1933 AAO Washington Gas A El Co— lst sf 64s 1947 FAA lst M 64a 1053 JAJ lst M 5s 1955 MAN Wash Ry A El g 4s 1951 J&D Anacost A Pot 5s 1940—AAO 324 90 85 Wisconsin Ry Light A Powerlet A ref 5s 1933 FAA Wiscon Rlv Pow lst 5s 1941 MAN Wise Val El lst A ref 5s '42M&N lst mtge 54s 1942 warrants 1933 6s m 1936 ser B 314 65 lst 1A ref 6s 1952 ser A...AAO lst A ref 54s 1958 JAJ Wise Pub Service Co lst A ref 5e. 1942 J&J 414 Wash'n (D C) G 1.6s 1960—MAN 6s M 1933 series A A&O >y 97 Worcester A Conn Eastern Ry— lst s f g 44s 1943 JAJ Washington Bait & Ann El— 1st M 6s Mar 1941 op MAS Otfs of deposit 97 35 97 101 *•'*» 95 Certificates 96 96 Wisconsin Pow, Light A Heat— lst A ref 5s 1946 JAD Wisconsin Public Service Corp— 44 Virginia Ry A Power— lst A ref g 5s 1934 .—JAJ Norf A Ports Tr 5s '36—J&D Wash Alexandria A Mt Vernon— lst g 5s 1955 opt MA8 . 65" Wisconsin Power & Light— 1st 1 A ref 5s 1956 ser E MAN lst lien A ref 5s 1958 ser F JAD 20 17 Deb 91 1034 — 87 83 Wisconsin Hydro-Elec Co— lst M 5s 1947 A&O Wisconsin Michigan Power Co lst A ref 5s June 15 '57-JADU lst M 44s 1961 J&J Virginia Public Service Co— lst & ref 54b 1946 ser A.. F&A 1st A ref 6s 1960 ser B... J&D 53 85 100 JAD F&A Va Elec & Pow lst 5s 1955--A&O .... 90 85 Ref M 6s 1954 A&O Wisconsin Electric Power Oo— lst M 5s 1954 Ber A.. FAA Wisconsin Gas A Electric— 14 14 6s Virginia Pow 524 78 AAO Winnipeg El Oo lst ref 5s '35 JAJ J&D Utilities Service 6a 1953 594 984 35 Coll trust 6s ext 1933 J&D Conv 98 eEl Ry e El Ry 91 1064 mm Utilities Public Service Oo— 68 234 Wichita RR A Light 6s 1032 Wichita Water 6s 1949 MAS lst M 5s 1956. ser B F&A lst m 6s 1960 ser O MAN 43 1947—. 64s g Deb 5s 1959 with s. 554 77 lst g 44a 1941 MAS Utica Belt L lst g 5s *39.-MAN Utilities Power A Light Corp— 90 67 69 784 lst 1 A gen M 5s 1944 F&A lst 1 A gen M 44s 1944..FAA Utica El A P 1st 5s 1950—JAJ Utica G A El ref A ext 5s '57.JAJ Gen 54s NY Ry 1 904 SfMjSs 1953 19 68 Wisconsin Minn Light A Power— 1st A ref 5s 1944 opt '19—MAN Gen A ref 7s 1947 JAJ 6 824 Unterelbe Power A 80 274 5 21 Utah GasA Ooke lst 5s 1936-J&J Utah Lt A Tr lst 5a 1944 A..AAO 5 2 794 174 80 JAJ 1st g 5s 1952 opt 1919 JAJ Con 85 f 6s 1953—.. 92 644 lst m 5a Aug 1952 ser A..MAS Wilmington A Chester Traction- City & Sub Pub Serv 5a *34. JAJ 85 s 73 67 Wllliamsport Water Oo— United Railways of Havana— Eq 74s Feb 16 1936 ..FAA 15 Unit Rys (Phlla)—See Unit PAT 78 s lst M 834 Whatcom Oo RyALt 5s '35.MAN Wheeling (W Va) Electric Co 1st M 5s 1941 opt MAN White Line St Ry 6s 1935 75 75 lst 5s 36 W'msport Gas—lst g 5s '39-F&A 95 Ro El 83 Unitea Gas A Elec Oo 54s 1955 Ser A J&D West Un Teleg coll tr 5a 1938- JAJ FdgA R EM #4s,g'60—MAN 64s Aug 1 1936 FAA 25-year g 5s 1951 J&D 30-year 5s Mar 1 1960 MAS Mut Un6sexi at 5%to'41.MAN Northw'n gu g 44s 1934—JAJ Western Utilities Corp— lst coll tr 9 f 5 4s 1948 J&r» 54% notes Nov 15 1932-MAN Westpnalia United El Pr tGertnj 35 '42-MAS Lake 814 (New York)—^ st ref g 4s I960 opt aft 14 JAJ / Id) inc g 5s Jan 1960 °P0V-AAD fhlrd Ave RR lst 5s g 37 JAJ 3ry Dock E Bway A Battery— tankers Ry lst 41 Cent Ry con M g 5s 1932-MAN Ext A Imp 6s 1932 MAS 96 92 Ird Avenue Ry Boulevard g 6s 1945--JAJ Jnlon Ry 1st 6s g 1942 -FAA Vestchester El 1st 5s g 43 JAJ AAO Baltimore Traction Oo— 944 JAD J&' —M&l - - lou 43 Bait Sparrows Pt A Ohes— 1st g gu 44s 1953 FAA 89 Tex Trac lst 1932---—-JAD 40 United Traction (Albany)— Texas lst 5b gold 43 AAO 1st con M 6s 1949 MAS Income g 4s 1949 op '29--JAD Inc fuuding g 5s 1936 JAD 664 20 41 Unit Rys & Elec (Baltimore) lst consol g 4s 1949 MAS _ Gen ref M ser 22 s AAO lst lien 54s 1947 ser B lst lien 6s 1947 ser O 4 75 1949 ser B JAD 1956 ser B FA A Texarkana W lst 5s 58— - -^AA Texas Cities Gas 1st 5s 48—MAN / Tex Elec Ky deb 6s 1943—— / lst A ref 5s 1947 - - - - - ——- — FAA 64s 1933 with warr 6 75 1st M 5s 1937 58 863 59 J 86 1st M 6s lst 5s 57* 94 874 Traction A Ligh-— con M g 5sl954 MAN Haute W W Corp— 29 lst 95 Terre Haute 40 lst A ref 54s I960-FAA Western TAT roll tr g 5a '32 JAJ Western United Corp— Coll tr sf 64s 1955 JAD 57 No Bait Dlv lst 5s '42--JAD s 62 Puollc Service Co— Western 99 H 96 85 85 1970------AAO Pow A Lt 15 1941 --A&O 564 56 654 ■ 1962 opt—MAN Public Service }eb g 6s 2022 ser A st A ref 5s 1956--- 60 s Deb g 64s 1974 1st 1 A conaol 54s 994 lst lst Tenn Pow gu 5s cas 55 94 96 1943-F&A 1955-..-MAN Electric Powei^------A ref 6e 1947 "* A—JAD A ref 6s 1956 -—-—-^JAD lst 90 MAN 1959—AAO Deb g 6b 1975 MAN United Lt & Rys lst 5s '32--JAD §5' lst M 5s Ref m 6s Terre 87 A..JAD f 7s 1956 ser IstMg 6s Apr 70 1958--------=,-—J&D ref 5s s 844 74 1st M 5s 1957 ser A AAO West Virginia Gas Oo— 1st s f 64s"37 with war.JAD i-Ohfo IRlver Bridge— west Valst M 64s 1952 JAJ / westerly L A P 6s 1937—JAD Western Mass Cos— 44% notes Sept 15 '34-M&S15 Western N V Utilities 5« 40-J&O Western N Y Water Co— lst M 54s 1950 MAN lst M 5s 1951 MAN Western P L A Telep— lst 1 coll 6s 1948 ser A FAA 2-yr 6% notes Feb 15 '33-FAA lst 4s Feb 1 1940 FAA United Light A Power Co— 694 Teneassee lst A 554 51 100 OD—-J&D Tenn Water 1st 6s'1946----MAS Terni Hydro Elec 04« 1953----- 3 52 41 Syracuse Lake Shore A North / 1 1st M K 68 '47 opt 17— MA Syracuse Lighting os g 1961-JA ^ 99 1st A ref "752ft"MA:8 4 Syrac Rap Tr 1st g, 6s 1946-MAS 1 2d mtge g 5s 1930—------JAJ ovt. Taiwan Elec Pow .—See Foreign G Tennessee 10 Without warrants United Fuel A Supply— , Elec Co 15 100 Extl lst 08 W Phlla Pass Ry—See Phila R T West Texas Utilities Oo— 100 lst 1A cons M 6s '52 ser A_ AAO Super-Power Co of 111 „ 1st 44s 1968— -MAS lst M 44s 1970 MAS 1st M 6s 1961------JAD Syracuse Gas g 6s 1946-——J&J Deb 5s Ry Unitea Gas A EI (S F) 5s '32-JAJ United Ilium Oo New Haven— 24 , AAO Tennessee Eastern Elev Gen ref M 4s Jan 1951 ser B— Unlted Elec Serv (Italy)— 98 1st M 5s '46 op '21 ser A.MAS lst M 5s 1963 series E— MAS lst M 54s 1953 series F—AAO lst M 58 1956 series G JAD 1st M 4s 1961 ser H. JAJ West Penn Tr lst 5s I960--JAD 6s Jan 1946 ser O- m West Penn Power— 47 Stettin Pub UtU7s 1946----AAO Suburban Gas Co h ijiri 1st s f g 6s Apr 1 '62 op 07 Telephone Bond A 1004 Weat End St Ry—See Boston El West PennElec. deb 5s 2030-AAO 39 43 ser A.MAN Island Edison Corp— 1st 1 eol tr 5 Tampa Electric Co— 1st M g 6s 1933 i f 98 Union Water Service Oo— 74 67 3% notes June 151932--JAD15 Stein way rty-aee N X A Queens 994 Prior lien M 4s Jan 1946 ser B. 0% conv notes 1935Standard Power A L Corp ■ Deb g 6s 1957---------FAA Standard Public Servtee Corp-1st lien 6s 1948 ser B JAD Standard Telephone Co— ... w Btaten W Ave Third 1st 5s '19 ext at 6% to '32-JAJ Indianap North 6s 1932..JAJ Mun A On City 5s 1936 JAJ Prior lien A&O 1966 Ry—See Gen ref M 5s Jan 1951 ser A— 6% g notes 1935Debenture 6s 1951———FAA Debenture 6s 1504 994 100 194 Bid Bonds and Stocks. Ask. Bid Bonds. 72 22 71 A F&A s B__--FAA STOCKS marked "f" end income end defaulted bonds. MAS 1st M 5s 1957 ser 1st M 1957 ser Southwestern Ask. except where Union El Lt A Pow Oo of St L— & Pow Co— Southwestern Light BONDS AND UTILITY ■OTIOl.—All bond prices art "and interest' 984 98 95 $6 preferred .(t) Amer Gas A Pow $6 lst pref— (t) American Light A Traction 25 Preferred 25 25" If ..... Amer Natural Gas com (t) $7 cum conv pref (f) Amer Power A Light com (t) $6 preferred .....(f) S5 pref ser A .......(t) Stamped .(f) S8 ... d d 13^ d 50 d 39 d 102 101 1 Basis, d Price per snare not per cent, f Flat price, k Last sale. I In London, n Nominal, v Canadian price, s Sale price, t New stock x 89 PUBLIC UTILITY STOCKS IIOTSOI.—A13 bond Bid. Par. Stocks. "f und income and defaulted bond*. prices &rc "and interest" except wnor© Stocks. Ask. Bid Par. Stocks. Ask. Bid. Par. Ask ~ Amer States Pub Serv A (t) preferred (f) Amer Superpower Oorp com —if) First preferred (t) Preferred $6 series (t) American Teiep A Teles 100 Amer Wat Wks & Elec com (t) Oom voting trust ctfs $0 1st preferred (t) lan El Pow 7% pref-100 Appalachls Appalachian G&a Corp com 2 d $7 conv pref ser A--—-. d Arizona Edison 634% pref 334 1 16 2234 5-16 12 15 com... . Associated Gas A Elec Common class A,. A* 40 75 6 (t) (t) com., 30 23 65 40 51 65 34 t 45" 43 7% pref — t 10*4 100| $7 first pref 75 75 A 11 A.. 35" pref. Atlantic City Elec, 96 pref (t) Bangor Hydro Elec com—....25 d 99" 2934 30% 98 A li -••• 2 95'" (Canada).....10C Telep of Pa 034% Df 101 Blnghamton L H A P $6 pf--(t) Birmingham Eleo 97 pref—(" 96 preferred ( Birmingham Gas 96 pref ( Bell Telephone 108 d 75 i 85 90" 75 78 35 d Blackstone Val Gas A B pref—.50 30 98 Y Bye 100 73 Bleeck St A Fui Fy—See N Boston Elevated RR com d 20 (t 10*4 39 42 27 dr Broad River Power 7% pref..100 B'way A 7th Av RR—See N Y Rye d Brockton Gas Light Co v t c.. 29 z 24 6*4 37 45" 20 22 3634 3734 67 7134 d Bklyn-Manhat Tran9it_.(no par) Preferred series A (no par) d Bklyn A Queens Transit com_(t) d Preferred (t) d 734 d d Calgary Power... 6% cum pref... Calif-Oregon Pow 6% preferred set 54 74% 2134 78*4 d 95 first pref 9*4 48 — 76 22 81 z 137 i55" 65 d z z ' 18" d 83 d 80 V 1 85" Cent Orosst RR—Bee N Y Rys Central Gas A El Co 98 34 Pref. Cent Hud G A E com v t c 13 X 6% preferred. 1 Central Illinois Light 6% pf—100 Cent 111 Pub Serv pref...(no par) Cent Indiana Power 7% pref-100 Central Maine Pew 6% pref-100 100 10134 9634 63 Hi 42 88 92 Cent Miss Val Elec Prop pref. 100 RR—See N Y Rys Central Pow A Light 7% pref-100 A .... 72 17 2 ..... 97 preferred.....—....... |7 prior pref Central States Eleo Oorp 7% preferred 100 6% cum pref (without warr).100 Warrants 1% 6% conv pref ————100 96 opt conv pref (ser 1929)—(,v Central States Pow A L 97 pf ( Cent Vermont Pub Ser 96 Pf—( Ghes A Poto Tele of Bait pref. 100 Chic City A Con com part ctfi.(t) Pref partlc ctfs... (no par) Ctfs of deposit—.......— 100 Certificates of deposit Chic Dist Elec Generat 96 pref (t) Chicago Rys partlc ctfs series 1— 27 83 116 T Prior 2 9 12 63" 68" 1 10 preferred...........100 -10C 7.2% prior pref ser B Ohrts A 10th Bts RR—See NY Rys Cincinnati Gas A Electric pref 100 48" 4 2 "4" 8 4 8 56 59 5934 60 6% cum pref series D 100 5%% preferred series E 100 5% preferred aerie* A 100 Vmsolidated Gas (N Y) com—(t) 110 Purchaser also pays accrued dividend, 21 25 d 26 d 47 54 40 44 d 39 . . Hartford Electric Light Hartford Gas com Preferred —.... Havana Eleo Ry com .25 Preferred Haverhill Elec Light. 105 70 22 2634 5-16 34 157"" 57 5734 d 90 91 2 d 99 2 ; 30 4 35 28 '32 300 Holyoke Water Power 100 Houston Gas A Fuel pref lo5 Houston Ltg A Pow pref 7%__100 i Houston Natural Gas pref -v 100» 75 d v .... County G»b 140 10O 100 d (+) 145 97 58 d 94 ! 83 - 63 59% 65 94 95 80 Illinois North Utilities 6%prefl00 Ilium A Power Secur 1st pref.100 90 Indiana Consumers Gas A By-Products s f with war 4 40 Indianapolis Gas_. 50 i Indianap Pow A Lt 034_% pref 100 Lndianap A Southeast Tr pf..l00 Indianapolis Street Ry Co 100 Indianap Water pre£ _ (Pittsb)—See Phila Co .Consumers Gas (Toronto) 100 157 Consumers Pr (Maine) pf 0%.1OO 94 6.0% preferred 100 97 preferred (t) d 86 Continental Gas A Elec com., (t) d 50 7% prior preferred 100 68 Contlnen Pass Ry—See Phila R T Cuban Telephone com 100 » 70 Cumberland Oo(Me)P A Lt pf 100 Dallas Power A Light 7% pref 100 Stock purchase warrants. ' 1*4 __25 d Indiana Service Oorp com....100 0% preferred —100 3 34 34 d "foo IIII.25 96 preferred 101 97 27 43 t d ,1.' Illinois Pow. A Lt. 6% prefIII 166 Jons Trac 160 97 100 Derby Gas A Elec $7 pref Detroit & Canada Tunnel Detroit Edison—.———100 Duke Power 100 Interboro R T vot trust ctfs.. 100 Ctf of deposit Oo"com"A(t) d (t) d 53 Internat 90 Internat Ocean Teleg (guar)..100 Internat Power com (f) d Preferred joq d Internat Power SecurftlesTcom" ( 103 96 34 112 ?0k' us! Hydro-El Syst A $6 preferred international Internat Ry Class % First % Superpower Telep A Utilities (t) A "IX 80* 88 21% iP 180 58 "5" 834 834 1*4 (t) dr (f\ a 9 463 75 "134 Jamaica Water Supply pref.. 60 d Jersey Cent Pow A Lt 7%prefl00 4734 Italo Argentine Elec CoAmerican shares 13 54 70 100 4934 86 73 Kansas City Power A Light— 1st pref 96 series B (t) d 100 34 Kansas City Pub Serv com (t) d 3 Preferred (t) d 93 Kansas E lee Pow 7% pref 100 85 Kansas Gas A Elec 7% pref—100 Kentucky Hydro Elec 7 % pf—100 275 Kentucky Securities Oorp 100 55 Preferred (0%) 100 75 Kentucky Utilities, pref—.100 113 y& 95 350" 85" 50 d preferred. Keystone Telephone preference 60 d 98 Kings Co Ltg 7% pref 100 66 5% preferred 100 100 Laclede Gas Light— 100 50 100 ib5 89 Preferred 100 Lake Superior Dist Pow 7% pref. Lake 49% 59% Q Sup Dist Wat A Imp pref Lexington Utilities 6% % pr..l00 Lincoln Telep A Teleg com... 100 Lone Star Gas Corp (t) Preferred 50 52 44% 16% 16 45 3-16 23*4 87 78 n ... 48 W* 49 55 60 Lynn Gas A Elec Co 25 Mackay Companies pref ..100 Manhattan Elev Ry (N Y)—100 guarantee—100 Marconi Wirel (Canada)... 1 Market St Ry (San Francisco) .100 Preferred Prior 25 "2 30 145 234 European Elec class A——. d 2% Option warrants — .... Falrm't Pk A Hadd Pass By—See PhOa R T. 27 Fall River Elec Light.. 25 d 24 32 Fall River Gas Works...— 25i/ 29 17 "834 76 100 preferred..——.—100 Second preferred 9634 80 20% 46^ 106"" 20 8234 3034 10*4 38 11 1 i 8 1 14*4 534 2 Common without warrants Preferred. 84 105 100 Mass Power A Light Associat'n— Common with warrants— 18 95 2*4 2 1934 19*4 Warrants Mass Utilities Associates v t 0 3% conv partlc preferred—60 234 21 "2*4 22 22 63 80"" 110 8 Long Island Lighting com.—(t) ds 17*4 90 7% preferred—..—.....100 83 6% preferred 100 95 Los Angeles G A E Oorp. pref.100 rp, 77 Louisiana Power A Lig 20*4 Loulsv Gas A Elec com Louisville Railway Co..—..100 134 Preferred -.——100 43 Lswell Electric Light..... 25 45 Lowell Gas .25 Modified 140 34 4434 1034 *4 10* 49 35 40% 234 d Junior 10*4 9*4 36 d Superpower... 0% preferred ~2X 35 25 1 4 Teleg"_(t) B__ 40cl 57 5 57 2 ....1 Warrants sa:38 21* 934 50 d ( y t c International International 72 100 —...15 d (t>(d ~8% 20c. _ Ouluth-Superlor Trac Co...-100 Empire Pud. Serv. com. A (t) Engineers Pub Serv com (t) Optional warrants 95 conv pref.. 95% pref (with warrants).. (t)d 96 preferred ... (t) d Erie Lighting pref—-(no par) Erie Rys (t) 7% pref —100 17 ... lntercontinent8 Pow 66 6%% preferred.——100 6% preferred 100 Empire Power Oorp partlc sfck.(t) $0 preferred.. (t) 12 A 75c. Duquesne Gas Corp com (t) Duquesne Light—Bee Phila Co— Eastern Mass St Ry com—..100 83" a 94 .100 (t) d d 81 '834 90 73" 48 84 100 Dayton Power A Light 6 %preflOOJ Denver Tramway com (t) d 70 h Ex-stock dividend, k Last sale. I In London, n Nominal, r Canadian Ex-100 % stock dividend, x Ex-dividend, y Ex-rights, z Minimum price established d Price per share, not per cent, s Sale price. (New stock, u Ex-warrants, r Old stock, w Montreal or Toronto Exchange. * Without par value. 50 Hackensack Water.—— 2h d Preferred 1—25 d d Hamilton Gas common.—.I" 6% preferred d (t> Preferred (90) a 55 62 >f) Idaho Power 7% pref 56 Essex A Hudson Gas...—..100 80 58 d Hudson 40 55 Federal Light A Tr com on 50 45" —25 d ,—.x(J) 2% d . 25 (|) d 2 80 75 65 60 85 d Haverhill Gas Light Connecticut Ry A Lighting... 100 Preferred ...—100 Cons Gas E L A P (Bait).(no par> ... "3'" 1 Italian -— price, 6634 25"" 15 67 6 % 100 Corp $0 pref..(t) WafcerAGas0% pf_100 (t) 1934 1934 2334 75 5% preferred stamped..—100 2% Preferred B stock —.100 106 Adjustment stock....——100 19" Eastern Michigan Rys (t) 75" Eastern N J Pow 0% cum pref100 89 85 East Shore Pub Serv 6*4% pf (t) d Eastern Shore G A El 8% pf-25d d "23 55" Eastern States Pow Cor com d 173 97 pref without warrants 17 65 $0 pref. —— 16 Eastern Texas Elec Co.. (t) d Eastern Util Assoc com (t) d 20% 3% Conv stock (+) d 97% 65 East Kootenay Pow Ltd.—..100i 51 Preferred 100 92 East Read'g El—See Read'* Trac Edison Elec Ulum (Boston).. 100 x 178 96 Edison Elec Ilium (Brockton).25 d Eighth Ave RR—See N Y Rys 83 Electrical Securities. 5% pref-100 77 10% Electric Bond A Share 23 55% 2% $6 preferred 19 $5 preferred 10% Elec Power A Light Corp (t) 49 Allot ctf for pref 70% paid 40 Second pref ($7) ser A (t) 54 IK 96 cum pref (t) 4% Optional warrants Elli A Tren BB—See Pub 8 Oorp El Paso Elec Co (Del)—(no par) d Preferred series A 7%..—100 Preferred series B 6% 100 40 29 Empire A Bay State Teleg—100 50 90 Empire District Elec 6% pf—100 Empire Gas A Fuel Co pf 8%-100 44" Preferred 7%—......100 H 1934 Series 3—.....—....... Series 4 4% 9-16 40 s U 1 1 Series 2—.............. Chicago Rap Tran com Certificates of deposit 65 .... % — Chicago City By.. 1% 34 62 — 17 $7 preferred Cent A 8 W Utll com (T) 75c. 7234 60 Cent Pub Serv (Del) com 113 X loney Island A Bklyn RR—100 lonnectlcut Elec Serv com (t) d Preferred 98" preferred—— 88 84 IX Preferred 17 97 preferred ex war .III1(f) d Warrants new for cl B stock- d Interstate Power pref 97.. (t> d Iowa Southern UtU. 7% pref—100 94" Oorp pf li 86 134 Preferred d Central Ariz L A Pow pref 82" 1U0 $5 preferred 7334 1134 d (t Class B Greenwich Community Power A Light— Consol Gas Utii class A Class B v t c—.; 100 23 d Gulf States Utll 96 pref—— £5" .100 preferred 6% A 95.50 pref d d ( Green Ml1 Pow Jons Trac of N J—See P S Oorp Brazilian Tr Lt A Pow ord.—(tN d (t) d Bridgeport Gas Light Bridgeport Hydraulic Os— Brit Col Pow Oorp A "334 99 106 Bell 51% 113 34 ds 134 Rights 60 Com*wealth Pr Oorp 6% pf-.lOO 4 Commonwealth A Sou Corp coinf d Connecticut Power 115 95 0% Baton Beaubarnois Power, pref... Class 12% 70% 30% First 105 101 preferred... .....101 Rouge Elec Co 96 pf-.-(t) 7% preferred Cent Pk N A E 66% 96 Community Water Ser com —_(t) d $7 7% 12*4 6% preferred series A......100 5% preferred series B 100 Columbus Del A Marion com.(t) d 7% preferred-...—.......100 Columbus Ry PAL 1st pf A 6 % 100 Preferred ser B 6 34 % 100 Ooin'wealth Utilities cl B ( com IK 25 39% 7% preferred(+) d $634 pf(with com purch warj(T) d Qeorgia Bower *0 preferred—(t) d Dold A Stock Teleg (guar)...100 104 67 43 (t) d (f) d 1% 2 d ( $0 conv pref ser B Gen Wat Wks A Elec 29 41 94 Optional warrants 96 pref -(T) Associated Tel A Teleg ($6) pref (t) d Cent Arkan Pub Serv 100 deposit l. Coast Co Gas A El 1st pref—100 Commonwealth-Edison Co Allotment certificates Associated Pub Utilities com.(t) Associated Telep Utll com 16 pref with war. 100 6% preferred Railway 92 .... 27 34 102 35 5c. Gas A Elec of Bergen County.100 Gen Gas A Elec (Del) com A _(t) d d Common class B ( d ( Gen Italian Edison Elec Oorp— Amer shs for d ordinary stock Gen'l Public Utilities 97 pfd—(t) d A 50 15 80 30c. 100 Preferred class A 7% Preferred class A 9% 96 cum conv pref ser A Oolum G A El Oorp (Del) com (t) d 434 20"" ..... 55 25 Certificates of 7 60 Original preferred |4 preferred 15 preferred 16 preferred $634 preferred. $7 pr preferred Debenture rights Common rights $8 int bear allot ctfs.. 47* 15 42 lalveston-Houstion Elec Co—100 _ Preferred —100 Cleve Elec Ilium common ....(t) d Cleveland 85 4 49* 4734 55 12* ..... Preferred.. City Pass Ry—See Reading Tr City Ry (Dayton. Ohio) 100 234 30 Arkan A Mo Pow 7% pref....100 Arkansas Pow A Lt $7 pref.-(t) 5* 49 (t) "234 5 234 % 17 68 5 7% preferred-—.--. —.100 s Citizens Gas (Indianap) com..25 d Preferred 100 55 2 Preferred 15% 64 A _( com ( df 12 ( Fitch burg Gas A Elec Light—50 d 39 Florida Power A Lt- 97 pref ("P d 70 Florida Pub Serv 7% pref 100 Foreign Light A Power units., (t) d 35" Franklin Telegraph (guar) 30 100 ... Citizens' Pass Ry—See Phila R T Citizens Traction—See Phila Co 25 10 (8%) Arkansas Natural Gas Oorp preferred $7 preferred 10 100 «... Cities Serv Pr A Lt 96 pf 101 o* 8 B— Preferred BB 74 $634 ... ....... Preferred 71 99 100 100 1 (t) Preferred 60 37 11134 27 X 100 Preferred (7%) A 35 58 ■ill Arizona Power ~J% 27 — (t) d 20 d Cincinnati Gas Transn—...100 d Oinc New A Gov Lt A Trac—-100 Preferred .......100 Cincinnati Street Ry 60 Oincin A Suburb Bell Telep—50 Cities Service com.........—.-1 Preferred —100 Cincinnati Oar Co class B Preferred .... $6 Class ~~4334 40 ▲mar Public Service 7% pref.100 Amer States Sec. com A.. (f) Federal Water Service 90 public utility stocks Pari Stock*. Bta. 98 60 80 —<*) (t) pref without war—.(1) 85 74 77 5 % Middle West Utilities $6 cum Stocks. 101 40 preferred series O 56 .\sk 5% Memphis Natural Gas— Memphis Pow A Lt, 7% pf.no par M-iirooolitau Edison Oo com— $7 preferred — vt) A* 40 38 8 24 25 37% 38 25 Preferred ($6) (t) Pac Northweut Pub Serv...— t) Prior preferred 93 93^ 35 39% Pacific Pub Serv 95 98 95 98 106 6% pref. series 1921 —--—100 $ pref. series 1892-1897—100 Milwaukee Gas Llgnt, J v« vreflOO 48 Pr0f6IT0(i Pacific Pow A 27 6 48 107 % Miiw Nor Pow new m A Common non-voting Preferred 2% 2% 12% (t) 100 86 55 65 Penn Central Lt APow86 profit 86% 70 % 94% Penn-Ohio Edison 7% pr pf—100 86 preferred ——(t; Warrants 90 17 Preferred Tel... 100 / % ... preferred - —(tYd to preferred Nat Public Serv Corp A ccm ::lh 100id warr).-(t) d 7% pref..——.—— 13 H cony pref (with Nebraska Power, pref .!* 44 15 ——100 70 Gas——100 95 Newark Consolidated New Bug Gas * Class O (T) 57 91 Co. pref 100 New England Pub 8erv com— (t) 87 prior preferred it) §7 preferred (t) S0 preferred (T) $6 convertible preferred (t) New England Power. «8h 50 36 55 $6 prior pref New England 65 75 72 _<t) —100 New Orl Pub Serv. com 7% preferred pf—-100 10 Telegraph 25 90 N Y Power & Light Corp 86 pf It) J% preferred-100 N Y Rys Corp 87 pref--(f) Bleecker St 8c Fulton Ferry. 100 B'way 8c 7th Ave guar100 Christopher A Tenth 8t>—100 Eighth Avenue 100 New (t) 42d St 8c Grand St Ferry—100 Sixth Avenue old ---100 ▼wenty-thlrd 8t guar 100 N Y & Queens El L & P com.-(f) d 108 Preferred 100 78 N Y & Richmond Gas 6% pref 100 New York State Rya. cam 100 _ - - - - 98h NY Steam Oo com-.-— d |7 preferred ser A 86 dividend pref ,.—(t) Y Telephone 6%,% pref—100 ST lag ar a & Hudson Pow ..—.10 Option warrants A Option warrants B Option warrants O ... forth American Oo com (t) d d 48 ! 51 105 98 95 113 6% 6% 11-16 d 2% ds 7-16 d d 31% 41% Edison 86 pref—(t d 82 North Amer Light 8c Pow (t Nor Amer Utility Sec—-Com. (t 2% s % 31% ,1 60 6% preferred North Amer 43 84% North Continent Util com 2% 60 64 pref 1.00 91 10c. 93 pref—100 40 43 d d 12 20 25" d 22% 26 d 60 75 d 65 75 d 65 48 75 14% 16" d n Telep pref——. Ohio Edison 86 pref 103"" 27 106"" -ft) d 30 Ohio-Kentucky G-aa Ohio Power 6% pref 85" 93% 86% 95% 92 72 d 94 76 75 1 d 100 Ohio Public Serv pref A (7%)-100 8% preferred Ohio River Edison 7% pref 100 common 7% pf—100 Okla Nat Gas Oorp 0% % pf—100 O* of Nor 111—(t) 90 d "II 65 6 "7% 72 77 6 (t) 50 5% cum pref B (f) Tran St Ry—See P 8 Oorp hine-Westph Eleo Pow Amershs Rhode Isl Pub Serv pref (t) H) Rochester Central Power..... (t) 6% preferred 100 Rochester G A E 7% pref B..100 Dch Telep $0% pref .100 100 100 Rockland Light A Power 10 Rocky Mtn Motor com A 25 Preferred —100 St Louis County Water pref.100 St Louis Pub Serv— Preferred series A 9 $7 25 com 2 36% 2 90 10 19% 21 63 93 67 19 80 51 118 108 d 95 52 124% 115% 99 J 793 25 145* 89 115 100 102 103% 109% 76 65 56 80 67 67 56 62 19 29 80 84 7 6% 28 13 29% 13% 12% 13% (t) Lt 22 23 40 §5" 35 72 80 64 66 65 99 70 92% 2 70 35* 36% 53% 17 19 oom ... Preferred Pub Serv 19% 20% 65 com Class A partic stock Units "% .. Superior Wat LAP pref 100 Swiss American Elec pref Syracuse Ltg 6% preferred—100 fl%% preferred .100 8% preferred 90 102 10 42 41% 3 97 99 99 100% 100 (tj ... 26" d 28" 92 95 83 Tennessee El Pow 1st pf (7%) 100 1st preferred (0%) 100 Terre Haute Tr A Lt pref 100 86 "5" Tex-Louislana Pow 7% pref.-100 Texas Power A Light 7% pref. 100 98% Third Avenue Ry (N Y) 100 Toledo-Edison prer A (7%)--100 ip 86 89 0% preferred-.. 100 5% preferred—.—100 Tri-Olty Rv A Light pref..—100 Trl-State Telep A Teleg.. (t) i 77 64 79 67 12 no" Preferred 10 d 23d Street—See N Y Railways Twin City Rapid Transit..... (t) d 8% 9% 3 48 Preferred 20 100 Twin States Nat Gaa partic A _(t) d Union Elec L A Pow (111) 0% pf. 100 Un El L A Pow (Mo) 0% pf—100 101 7% preferred f7 pref series A Warrants l6§"" 102 106 100 107% 6% 8% 34% $3 cumulative preferred (t/ d d Warrants United Gas A Elec Oorp pref.100 United Gas A El of NJ 6% pf.100 United Gas Oorp com 9 8% 3 3% 63 68" 2% 43% 42 ( United Gas A Impt vot ( $5 cum pref (non-vot) ( United HI Oo of New Haven.. ( United Lt A Pr com A ( Common B _( 17% 17% 85 88 90 "6% 6% d 45 United Pub Serv com _„(t) $7 preferred .—.(+) d United Pub Util $0 pref.., (f) d United Rys A El (Bait) cam 50 d Utah Pow A Lt cl A (t; "4" "7"" 24 26 6% cum. 1st pref 46 1 2 1 ... 1 • 100 uo $7 preferred (f) rar $6 preferred (f) U Utlca Gas A Electric 7% pref 100 Utilities Power A Lt 01A (no par) d New when issued d • *00 ---- 98% 8% 2% ..... 102 8% 2% (no par) d 10 12 i 7% uuuiiu yioi ...100 yp cumulpref Virginia Elec A Power com...(f $6 preferred (f) d Virginia Pub Serv 7% pref .100 56 58 84% 87% Wash Bait A Annapolis Preferred ..50 d 50 d 20 dx 85 ... Washington (D O) Gas Washington Gas A Elec 7% pflOO Wash (D O) Ry A El com .100 Preferred 50c. 50c. 95 A 305" 400" 91% 100 Washington Water Pow Oo Wayne United Gas d IIII Western (t) d 100 33% 100 94 100 89" Massachusetts Cos Western Power (t) Joaq L A Pow pf A 7%.—100 7% prior preferred... —100 6% prfor preferred— 100 A Class B 65 114" 40 60 Pow Standard 37 7 cum Class B 85 37 (no par) ... 110% 103% San 87 96 ip 0% preferred series O 60 (f) 87 preferred. (f) 30 6% preferred 8% preferred series D .100 80 34 34 35 Union St Ry (NewBed.Massi.lOO United Oorp (f) d #5 Class A Preferred 7 % 100 Northwest Bell Telep 6%» pf.100 Northwestern Teleg (guar)—.60 d Nova Scotia Light 8c Pow com(t) d Oklahoma Gas & Elec d 100 100 78% -100 Preferred Valley Gas 12 25 Public Serv. Oo. of N.H. 86 pt-(t) Public Serv Oorp of N J— (no par) Radio Oorp of Amer 7% cum pref A 90% ... 65" 55 8 100 94" 7% preferred .....100 8% preferred—— —100 Northern Tex Elec C# cam—100 105 15 Providence Gas (free stock).. Certificates of deposit Public Serv of Cola 7 % pref—10G 59 77" Free stock Tampa Elec Oo 25" 15 95 35 d pref.. 100 100 55 100 — Nor Ontario Power Co 6% pref 100 Nor States Power (Wis) pref.100 Nor States Power (Del) com.. 100 87 d Power Oorp of Canada com., (t) Preferred 100 Power Securities com (no par) 92" r d* 20 6% preferred 100 7% preferred 100 Public Service of Okla 7 % pref 100 0% preferred 100 Puget Sd Pr A Lt 86 pref (t) 85 preferred (t) Quebec Power common— (T) Queensboro Gas A El 6% pf—100 80 30 50 Public Service 52 ... Standard Telep $7 pref (t) Sub R T St Ry—See Phila Oo 92 3% 12% 77 35 Public Serv of Ind $7 pref 7% preferred 5%% preferred Northern Met Ppw & Dev comlOO Ohio 10 90% 28% 42 1% 70 Ohio Bell d 10 40 "% 21 38 Northwest Electric 6% 25 36 67 77 .. 50 10 32 .——100 100 Preferred. 35 d Nor Indiana Pub Ser 6% pf—100 Northern N Y Util d d d d d d d d d d 18 34 6% preferred. 7% preferred 12 (f % — 69 100 ,..98% 78 % preferred... _m d Consolidated Trac of N J—100 d 20 90 Rapid Transit 8t Ry Oa 100 So Jersey Gas A Elec Trac..100 140 Pub Serv El 8c G 85 pref (f) d 86% d Preferred 64 10 % 112 68 66 Springfield Gas A Elec pref.. Springfield (Mast.) G L Co vtc.2 Standard Gas A Elec 103 8% preferred 7% preferred 6% preferred 111 Southwestern Lt A Pr com A— *" * Common class B— 38 , d 118" 8 (f) preferred anaard pd).50;d 18" 115 Southwestern Bell Telep pref. 100 Southwestern Gas A El 7 % pf.100 25 d 18 13 (t) 35 100 d 100 — $0% com 25" d 105% 15 90 Sprlngf (Mass) St Ry Cos pf—100 Spring Valley Go— —20 17 5 0% preferred x ——(t e2» 62 (t 1st preferred Nor Boat Ltg Prop com Preferred Southwest Gas Util 15 d 95 25" .... ...100 10 « Postal Teleg A Cable 7% pf.100 Potomac Edison Oo 6% pref.100 103% A com .. 52 89 5%% preferred Southern Ool Pow 85 Piedmont 8c Northern Ry 100 Pittsb A Birm Tr—See Phila Co Port! Elec Pow 6% pf 100 Portland Gas 8c Coke, 7% pf—100 Porto Rico Telep com 110% d d d 1 25 d Potomac Elec Pow 6% 90 10 62% 12% West Phila Pass guar.......60 d Phila A Western Ry com 50 d Preferred 50 d 81 26 com.(t) ...... 60d Tracpref Philadelphia Traction ..60 Ridge Ave Pass (828 pd)—..50 2d A 3d Sts Ry guar 50 13th A 16th Sts Pass Ry 50 Union Pass (830 5-6 pd). ...50 Union Traction (817% pd)—50 70" N Y Cent Elec Corp 7% N Y Mutual « 30% 21% 25% 27% 21 24% prior pref.. S4 cum preferred... $6 prior pref 50 Preferred 50 Phila City Pass Ry ($22 % pd)50 Phila A Darby Pass Ry .60 Phil A Gray's Fy (825 pd)—.60 55 6% Pf-100 ---50 N J 8c Hud Riv Ry 8c Fer pref.100 New Jersey Pow 8c Lt 86 pref (t) 7% preferred $6 prior preferred 60 d Traction— Green A Ooates Sts (815 Hestonvllle M A F com 104 Telep 8c Teleg—100 110 s Frandf'd A Southwark Pass.50 d Germantown Passenger 50,d 40 N Eng Wat L & P Asso New Haven Water— 48 108% Citizens Passenger guar -.50 Oontinen Pass Ry (829 pd)—50 Fairm't Pk 8c Haddlng'n 50 34 .100 com.. ..... 77 50 Monongahela Lt A Pr... 50 Monongahela St Ry 50 Pittsburgh A B'ham Tr 50 Sub Rap Tran St Ry 50 United Traction pref 60 Philadelphia Elec Co 85 pref—(t) Phila Elec Pow pref 25 Philadelphia Rapid Transit....50 7% preferred —50 55 Preferred 88 73 Federal St A Pleasant VaJ 50" New ttng Pow Ann 96% 83 Consolidated 85" Class B 9 (+) Duqnesne Light 6% 1st pf.100 8c El Asau 86 pref— stamped- — (t) < 40 98 Citizens 62 So Jer G E) A Tr—See P 8 Corp. 35 6 ... 103 - 80 (t) Pennsylvania Water A Pow.-f f) People's G L A O (Chic) 100 Peoples Light A Pow com A—(t) Phila Oo (Pittsburgh).. 50 Com new (t) $5 preferred 60 6% cum preferred ...50 86 cum pref (t) Allegheny Traction 50 67% —100 Nevada-Calif Electric, cam—100 Preferred.. 90 32 35 S6 preferred 36 13 % 7 30 25 Teleg (guar). 25 Southern Indiana G A E 0%pf 100 7% preferred .....100 Southern New Eng Telep.. 100 8 86 preferred 46 Warrants South A Atlan (t) (t) 79 74 Preferred :t) 87 9 National Power A Light com—IT) Class B common 99 Pennsylvania Pow A Lt 87 pf- (t) 100 100 preferred 68 Penna Gas & Elec Co 7 % pref. 100 45 6% preferred 66 3 - (t) Participating preferred—(t) Preferred ($7) Southern Cities Utilities lOi Penna Gas & Elec Corp 87 pref 110 7% 19 d 79% 18 ... 16 Penn-Ohio Pow A Lt 7% pref-100 —-—100 Municipal Service preferred —<T) Nassau & Suffolk pref--. —100 National Elec Pow cl A .(10 109 (t) ... Mountain States Tel A 98% 88 Preferred 86 • .10C Pawtucket Gas pref. Peninsular Telep Oo com... Warrants B Montreal L H A Pow, Oons.(t) Montreal Telegraph— -40 dr 45 Montreal Tramways, com 100 dr Mountain States Fewer, cem-(t) 73" 5%% preferred series O 26 6% preferred series B......25 7% preferred series A ....25 Sou Calif Gas Oorp $0% pref.-(t) Sou Calif Gas Co 6% pref— 25 Southern Canada Power (t) d Preferred .100 2 100 92 83 preferred-Monongahela L A P—See PhllaOo Monongahela St Ry—See PMlaOo Monoa-West Penn P 8 7% pf-25 Somerset Un A Middlesex Lt-100 Pr A Lt com.-(t) South Oaiif Edison common 13 98 100 Pacific Telep A Teleg—— Preferred Mississippi Riv Pow pref 100 Missouri Pub Ser 7% pref iOu Mohawk-Hudson Power latprfiT/ Second . 33 88 3 83" (t) com 87" 90" 84 30 Pow & Lt 7% pf-100 Miss Power & Light 6 % pref ----- 80 62 33 3l" Paterson A Passaic Gas A El .100 Minnesota ' m m m lY?% VrefTIIIIof ser 60 78" Oorp (N Y). Water A Power ..(t) Southeastern 26 First preferred (5 % %) 25 Lighting Oorp com.._it) 42% 10 City Gas A El 7% pf__ 100 Sierra Pac Elec pref—.——100 Shawlnlgan Pacific 30 Ask Sioux 12 11 1-16 38 Midland Util 7% prior lien—luO 6% prior lien-—-— 100 7% preferred class A100 6% preferred class A 100 Milw. Elec. By. & Light— Bid. Par $3.25 conv pref with warr.-(t) $6 preferred ..(f) Second Ave RR 14 -——- - - - - - 18 33% 26 - —- Warrants 104 103 2 7 A Midland United Co com Oonv pref A— 2 2 33% 24% 26% Warrant B > Stocks. Savannah El A Paw deb stk—100 6% preferred 100 Seaboard Public Service Co— Ottawa Light Heat A Paw—100 Preferred .—.—100 Ottawa Traction -.-100 Pacific A Atlantic Tel (gu)——26 Pacific Gas A Electric First preferred (6%) Warrants A Midland Nat Gas class Ax*. Bid. tax Om 8c Coun Bluffs Ry & Bdge pf. Jmaha A Oouucll Bluffs St Ry 100 Preferred 100 Corp Preferred 36" .... Western Union Telegraph 100 West Penn Elec Co Class A., (t) d 35% 7% cum preferred 0% cum pref West Penn Power 7% 6% preferred... Winnipeg Elec Co.. Preferred 71 68 74 61% 64 ........ Wisconsin Power 65 -.100 pref 100 100 105 (t) dr 100 107 86% 100 ... 35% 90 6 - «... 6% z 60 ALlght0%pflOO 88 7% preferred 100 Wisconsin Pub Ser Oorp7%pf 100 Wisconsin Telep 7 % pref 100 92 90 95 107 110 York (Pa) Railways common..50 d Preferred ........—......50 d 88 90 50 i; 30"" 102% 92 Purchaser also pays accrued dividend, d Price per share, not per cent, h Ex-stock dividend, k Last sale. I In London, n Nominal, r Canadian price, s Sale price, f New stock. 14 Ex-warrants. 9 Old atock. x Ex-div. y Ex-rights, z Minimum price established on Montreal or Toronto Stock Exchange, (t) Without par value. a Under the heading "Industrial and Miscellaneous Securities" under the previous two ever, we include all issues which do not appear In the case of stocks, how¬ "Mining," "Real Estate and Land," "Title Guarantee and put "Textile Manufacturing," "Insurance," Safe Deposit we headings, namely "Railroads (Steam)"and "PublicUtilities." Companies" under separate heads, then follow with the rest of the "Industrial and Miscellaneous.1! marked "f" and Income and defaulted bonds. HOTIOB.—All bond prices are Msnd Interest" except where Bonds. Bid, Bid. Bonds. A$k. Bid. Bonds, Ask. ' INDUSTRIAL AND MISCELLANEOUS BONDS. Abbotts Dairies deb 6s 1942-M&S Abltibl Pow & Paper— 1st M 6s 1953 ser A 99 9654 J&D 35J* 3654 §15* 67 70 61 65 Abraham A Straus Inc— Deb 6 He 1943 with warr—A&O Adams Exp coll tr g 4s '48-M&8 Coll tr g 4s 1947 J&D f 84 Alex Rubber s f 8s 1936 J&D 14 15* Alabama Oons Goal & Iron— 1st cons M 6s 1933 H&N ~2" Alabama Mills 1st 6 54 s '43 A A&O "6" Ala Steel & Shlpbldg—See Tenn O.T.& RR 14 Alaska Gold Mines deb 6s'25M&S / 12 Deb 6s 1926 ser B 14 M&S / 12 Albany Per* Wrapping Oorp— 50 1st M coll tr 6s 1948 A&O Alberta Pacific Grain 6s, 1946 r Allied Packers deb 6s 1939-.J&J / J&J / 1st M & coll tr 8s 1939 Aills-Ohalmers .III 24 A&O Algoma Steel 1st 6s 1962 27" 31 31 33 33 Mfg Oe— 8554 Deb gold 6s 1937 M&N Alpine Montan Steel Oorp—__ Istsf 7s 1966 M&S 86 41 Aluminum Ltd s f debt 6s '48-J&J 44 935* 6754 Aluminum Go debs 6s 1952.M&S 935* 6954 s ilgo-Oan Pap A&O f 7s 1937 American Beet Sugar Go— Oonv s f deb 6s 1936 Amer Chain deb 6s 51 75 75 Deb 6s 1940 with warr.—M&8 Crucible Steel Oo deb 5s '40-M&N Ouba Oane Products— 90 9354 9354 93K 93 65 42*" 45" 35 40 De Bardeleben s warr—J&J 30" 85 96 80 85 16 •idgeport Brass— Conv deb 654s 1939 J&D •own Oo 1st 6 K» 1946— A&O 1st 554* I960 ser B M&S Buffalo & Susq Iron 6s 1932 J&D urmelster & Wain (Copenhagen) 15-yr s f extl 6s 1940—-J&J usb Term 1st 4a 1952——A&O Oons g 6s Jan 1955... J&J ush Term Bldgs let 5s '60.A&O y-Products Ooke Oorp— 1st M 5 54s 1945 ser A M&N ady Lumber 654s 1939 ...M&N / alifornia Packing Oorp— 1654 35 45 alif Pet deb 654s 1938 Oonv ■ f deb 6s 1939 s F&A 1933—A&O 6s 1943—— 6s 1942. A&O 1953—J&D 80 65" 67 84 56 57 In* 5 68 anada SS L deb 5s '43.F&A15 1st & gen m 6s 1941 ser 70 6554 10 45" 42 44 675* M&N 6854 1949 ...—--J&J Amer La France Fire Eng Go— 6-yr 6H% notes 1931—J&D Am Mach & Fdy s f 6s 1939.A&0 American Metal Go Ltd— 69 n J&J 1st M 6s 1949 anadian Nat Steamships— _ 5Ks 25-yr 50 guar 5a 54 1934.A&O 59 M&N 8054 43 45 69 s 82 s Without warrants 85 91 55 85 Domin Goal 5s '40 op '10—M&N Dominion Glass 6a 1933—J&D2 Oon 5s '39(currency serles)M&S Dominion Tar & Chemical Oo— Deb s f 6s 1949 ser A J&J 2 Sinking fond deb 6s 1948—J&J 454% notes 1933 M&N 65 35 1936—J&J Amer Service deb 654s 1934..J&J / Amer Smelt & Ref 6s 1947—A&O Amer Solvents & Ohem Oorp— S f deb 614s 1936 with warM&8 7 94 11 Inc— 'SSttSflGi 92 M&N15 hie Jet coll tr ref g 4s '40—A&O Ooll trust ref 6s 1940 A&O 101 hlc Pneumatic 92 935* 7s 42M&S f 7-6s *39.J&J Deb sf 554s 1942 1947———--—J&J 19 654% sold notes 1933 J&J Gtfs dep stpd stk instead of bds Atl Gulf & WIndles SS Lines— Coll tr g 6s Jan 1 1959 J&J Atlantic Refln deb 6s 1937—J&J Atlantic Steel 1st s f 6s 1941. J&J Atlas Plywood Corp— Oonv deb 5Kg Autocar Go. 1st 7s 1937 1943-—--M&N M&N Balaban & Eats; Oorp— notes 1932 M&N Small series 954 65 65 r 14 f 14 1005* 34 10154 s 35 :::: 8* 91 100 305* 37 .... 90 73 76 95 101 102 1942 J&J 77 Bayway Terminal— 6s 1936-— M&N 92 754 75 70 15 95 88 80 20 25 9554 965* Empire OH & Refg Oo— 1st & col tr 554s 1942—A&O 4554 4554 40 44 79 1st 17s 1967 ser Fabrics Finishing Oorp— 1st m conv • f 6s 1939 J&J Fairbanks Morse & Oo— Sink fund deb 5s 1942 F&A Famous Players Canada Oorp— 1st s f 6s 1948 ser A —A&O Without warrants 20-year deb 654* 1948 35" 67 72 62 25 35 92 93 8554 5 52 65 r A&O 17" 79 80 J&J Firestone Cotton Mills 6s '48M&8 Firestone Tire & Rub(Oan)7s 1937 Fiat 88 f deb 7s s f* 5154 365* __M&S O Farmers Mfg Oo 7s 1943 M&S Federated Metals s f 7s '39—J&D 50 74 1946 695* Firestone Tire & Rub of Oalif— 8 f 6s 1942 M&S s J&J M&N J&J f 554s 1936 deb 6s 1948 Oonv deb 554s 1949 Oonv 73 2354 Fisk Tire Fabric 654» 1935—J&J Fleischer (S B & W B) 6s 1939— f M&S F&A Privat-Bk(Germ'y) 554 %notes'37 (Ampartctf)M&N Commonwealth Subsidiary OorpDeb g 554s 1948 ser A—M&S Computlng-Tabulatlng-Rec Oo Sinking fund gold 6s 1941-J&J Connecticut Ooke 6s 1948--M&S Oonsol Agric Loan 654s 1958 See Ger & Com Bks (For Govts) 78 1946-A&O Foreign Power Secur Oorp— 81 654 % notes April 15 1936-A&0 Oonsol Mach Tool 7s 1942—J&D Oonsol Publishers, Inc— 10-year coll tr 6 Ms 1936—-J&J Oonsol Textile 1st 8s 1941—J&D Oonsol Tobacco 4s 1951 Osnsol Goal 454s 1934 opt—M&N 1st & ref s f g 5s 1950-—J&D Oonsumers Oo 1st 6s 1946---J&J Container Oorp 1st 6s '46-J&D15 Deb 5s 1943 with warr J&D — 53 40 3854 40 Fox Film Oorp deb 6s 1930&A&O Framerican Ind & Dev Oorp— 20" 6454 6654 754s 1942 -.-J&J Francisco Sug 754s 1942-M&N15 Fraser Oo deb QHa 1942 A&O French Nat Mail SS Lines 6s '52 Frick-Reld Supply 6s 1943—J&D Gannett Oo deb 6s '43 ser A.F&A Garlock Pack Oo deb 6s '39. A&O 8754 88 17 30 105 88 10554 92 Deb 79 18 37 20 34 39 215* 22 Equlp55481932-1934 -M&N Equip 454® 1942 F&A Eq tr 454* 1932-45 J&D Gen Amer Transports System— Eqtr 454s 1932-'46 (yr)— M&S Gen Baking deb 554a 1940—A&O 84" 86" 67 71 70 75 36 3754 75 78 77 74 Gelsenklrchen Mining Oo— 15 6-yr 6% notes 1934 M&S General American Investors Ino—; Deb 5s 1952 ex warr —F&A General Amer Tank Oar Oorp— 85 38 19 32 8 8% 8% 8% 8 6 7% 7% Corporation Securities Oo— 5% serial notes 1932 M&S 5% serial notes 1933 M&S 5% serial notes 1934 M&S 6% serial notes 1935 M&S Oosgrove Meehan Coal 654s 1954Orane Oo 5% notes 1940—F&A 7854 815* General Cable 45 3 50 General Cigar serial 6s 1935-J&D Gen'l Elec 354s 1942 opt—F&A 1015* 7 102 Gen Elec (Germany)7s Deb 654s 1940 Orowley, Mliner & Oo— Deb sf 554s 1937 M&N Grown Cork & Seal Oo, Inc— 20-year sink fund 6s 1947—J&D 45-J&J15 J&D M&N 29 19 30 21 20 P 93 47 445? 100 9854 48 433 393 Oonv deb 654s 1944——M&N General Laundry Mach'y Oorp— Deb 654s 1937 3654 50 General Indus Alcohol— 1854 1854 93 s 1st mtge s f 5 54s 5 78 Deb * UK 25 82 Credit Alliance Oorp— 554* 1938 with warr-M&N Oorp— 1947 ser A. J&J 7% % General Bronze deb 6s 1940M&N Oo— Deb 654s 1937 M&N Oontinental Roll & Steel Fdy— 1st M conv s f 6s 1940—J&D Oontinental Sugar 7s 1938—-F&A Corn Prod Ref 1st g 5sl934-M&N Deb :::: 1st col tr conv 6s 1949 ser AJ&D _ Oil 1354 50 Oonv g 654% notes 3ommerx-und Continental / Certificates of deposit Flour Mills of America inc— _ Consolidated Laundries— 425* 90 _ Ooll tr 75 68 60" 70 12 / Fisk Rubb Oo 1st 8s 1941.-M&S 1st mtge 6s 1941 Jomm'l Credit 6s 1934 635* 745* r W* 61 15 85 Bates Valve Bag Oorp— Deb s f 6s 1942 with w Without warrants. 80 10 Jomm'l Invest Trust Corp— * 70 3354 11 635* s 63 1940——J&J ..F&A Baldwin Locomotive Works— 3-yr 554% notes 19"" .M&N 1st g 6s 1940-—— Baraqua Sugar (Oomp __ Baraqua) 7 54s 1937—..J&J 15 Batavian Petrol 4Ma gu B * / P 60 25 15 9154 23 Andlan National Oorp 105 7954 9954 20 A&O 38 Atl Fruit & SS deb 7s '34—J&D Certificates of deposit 8954 12 Tool Oo— 42 Amur Writ Paper ■ Ltd— 1st 6s 1940 without warr.M&S Anglo-Ohllean Cons Nitrate— Deb 7s 1945 M&N Antllla Sugar 7 Ms 1939 A—.J&J Certificates of deposit — Armour & Go of Delaware— 1st M 514s 1943 ser A J&J Armour & Go—Real estate 1st gold 414s 1939 opt J&D Armstrong Cork deb 6s 1940- J&D Arnold Print Wks 6s 1941—A&O Asbestos Oorp of Can 6s 1942. J&J Asbestos Oorp Ltd 1st 6s 1941. J&J General 6s, 1956——J&J Associated oil 6% notes '36-M&8 Associated Simmons Hardw Cos 90 40 71 4054 Amer Wire Fabrics 1st 9454 7%notes 1931 with warr—J&D Without warrants 3854 554 J&J 1015* '37.M&N M&N gold 6s 1940-—---—A&O Amor Type Fdrs deb g 6s Deb gold 6s 1939... 35 76 554 10 87 10054 _ hateaugay Ore & Iron— Guar gold 4s 1942 97 89 f 554s 1948 Coll tr sink fund 7s 1934-J&D 10254 94 > hapin-Sacks, 15 102 Amer Sugar Refg 6s 1937—J&J Amer Thread 1st 554« 1938-M&N Am Tobacco deb 4s 1961—F&A M&S espedes Sugar 1st 754* '39-M&S Deben 3654 2 935* 25 European Mtge & Invest— 1st 1 754s 1950 ser A M&N 1st 1754s 1966 ser B F&A 72 73 85 American Rolling Mill— Olfcfeb 52" J&J 1st mtge sink fund 6s 1942- J&D warr—J&D 35" Amer Radiator deb 454s '47 Deb 5* 1953 with 94 30 Beacon 805* 37 80 Eastern Ouba Sug 7 54s 1937 M&S Eastern Steel 5s 1931 ctfs—F&A Elk Horn Ooal 1st 654s 1931.J&D " —— 1st 6s 60 37 ErnestoBreda 7s'64 with war F&A 103 American Piano 6s 1935 Deb 545* 1st s f 554s 1948 ser A F&A Donner Steel 7s 1942 J&J Dow Chemical 6% notes '40-F&A Driver Harris Co— . 1955 M&S anadian Power & Paper— Deb 554s 1958 (Laurentide)J&J,/ / Wayagamack series 6954 American Meter 6s 1946———. Amer Seating conv 6s "3 100 1 Donnacona Paper— Oonv deb 554s 1949 Amer International Oorp— 554% 8 notes Apr 1 1 95 Dominion Textile 6s 1949——- 685* Amer IG Ohem Oorp— Oonv 15 - Domin Iron & Steel— 76 11* 68 81 J&D / Dery (D G) 7a 1942 stpd—M&S Second stamped Denver Un StkYds 6s 1946—J&J Deutsche Bank (Berlin)— 6% note'32(Am part ctfs) M&S Dola (Jac) Pack 1st 6s '42-M&N Dominion Oanners 1st 6s '40 A&O 35" A.A&O 98 04 OoalOorp— Dodge Mfg 1st 7s 1942 r pr 41 1 6254 25 81 Deutsche Rentenbank— Farm Ln s f 6s Oct 16*60 A&016 Dodge Bros deb 6s 1940——M&N 7354 65 F&A iB a* 1st mtge 6s 1963 67 J&J M&N 154 1st lien 60 93 Botany Oonsol Mills 6 54s '34 A&O 154 Deb 6s 1950 J&J Ouba Oane Sug deb 7s 1930—J&J Oonv deb 8s 1930 J&J Ouban Dominican Sugar Oo— s f 754s 1944 M&N Certificates of deposit Stmpd with stk purcb warr.—. Certificates or deposit Oudaby Pack s f 5s 1946 J&D Sink fund deb g 554s 1937 A&O Ouyamel Fruit 1st 6s 1940 -A&O Dairymen's League Oo-oper Assn 6s 1935 ser CO 6s 1937 ser DD__ (First) Glass Works— 1st 7s 1957 without . Amer Oyanamid deb Amer Ice Go deb 5s 70 7254 Purcb money 5s 1936 J&J Penn-Mary Steel 5s 1937- J&J Bluff Point Land Impt Oo— 1st mtge guar 4s 1940 J&J Oons deb 5s 1940 Amer Aggregates Oorp— Deb 6a°43 ser A with war_F&A Without warrants Amer & Continental Crown WOlamet Pap 6s '51-J&J Grown Zellerbach Oorp— 1943.J&J 1st 6s meficial Indus Loan Oorp— Oonv deb 6s 1946-— M&S Beth'm St 1st 1 & ref 5s '42.M&N ohemian 73 99 5 Amalgamated Sugar Go— 1st 69 88 ■: 7254 65 7954 f 6s 1948. General Motors Acceptance Oorp Sink fd gold deb 6s 1937—F&A 7654 60 s 80 5% 5% 5% 5% _ _ serial notes serial notes serial notes serial notes 1932 ...M&S 1933— M&S 1934... M&S 1935 M&S 5% serial notes 1936 4254 11 3 99 085* M&S Hen Petrol 1st 6» Aug 16 1940 — 965* •• b Basis. / This price Includes accrued interest, Stock Exchanges. k Last sale. I In London, n Nominal, f Minimum price established on Montreal or Toron ■OTIOB.—All bond prloM are "and interest" exoept vb«re Lautaro 62* 4 3* 6 s 38"" 34"" 30 82 74 1940—-—AAO Glldden Oo 6*% notea/35-J&D Gobel(Ad f)6* % notes 35 MAN Good Hope St & Ir Wks (Germ y; 8 f g 7s Oct 15 1945—AAOlo Goodrich (B P) 1st 6 lis 1947-JAJ1 Deb g 6s 1945 Goodyear Tire A Rubber—1st mtge coll tr 5s 1957--MAN 83* 75 s 65\ 80 §5" 89 26 Li boy 90 85 99* 99* 97* s 73 74* 45 35 117 99 7s 1944—AAO PAA Little (A E) Oo 7s 1942 AAO Liggett A Myera g mid bonds 5s 1951 14 93* 92* s 18 45 5 SIM 70 75 36 31 72 75 55 40 85 90 Loiwg Inc deb 20* 22 29 warr—AAO Harpen Mining Oorp— . 6s with war for Am shs-_JAJ 38* Hartford Times 6s 1943 Hawaiian Pineapple Oo Ltd— 81* 10* 25* 29 99 98 19 23* 58 65 46 49 Penlck A Ford 6*8 1943 Penna O A O 1st 5s '32 op 80" 90"" 30 Penn Mary Steel—See Beth Steel 52 s Pennsylvania-Dixie Oement Oorp 1st ra s f 6s 1941 ser A.MAS15 40* 45 ——.FAA Hungarian Disc A Exch Bank— 35-yr s f 7s 1963 JAJ Hungarian-Italian Bank Ltd—- ■ Sinking fund 7*s 1963—AAO Hygrade Pood Products Oorp. 1st A ref 6s Jan '49 A.—AAO 6b 1949 series B —J&J Ice Sec 6*s, 1937 Ideal Oement Oo deb 5s '43.JAJ Illinois Steel deb 4*9 1940—AAO Hseder Steel mtge 6s 1948—PAA Independent Brewing 6s '65 JAJ 98* 94 MAN Oorp--. lit A coll tr afgSa '32 op MAN Stpd ezt to 1942. -MAN 1st m 5s 1951 ser B Ineernat Agricultural 23 26 45 50 30 49 Monon Ooal—See Ohlc Ind A L Monsanto Chemical Works— 50 90 96 55 97 1st s f 5*s 1942 Montecatinl (Societa 26* 28 39 9 12 9 12 95 100 Ry. MAN Gen 90 76 78 19 70 78* 79* 53 59* Deb 79 Steamship Line— Deb 0*s 1937 with Murphy (G 0) Co- 6s J&J 85 10 58* 33* 1947 FAA Empire Tr certificates dep.. Bankers Tr certificates dep National Steel Oorp— 1st a f 5s 1950 AAO National Tea 5a 1935— MAN 55 National Theatre 6*8 1942... National Trade Journala Inc— 71 73* 58 61 49 000 _ f 5*s 1946 Ber B.MAN s 47* Investment Oo of Amer— f 5*s 1947 Nat Pood Products 6a 1944 s 95* 87* s 60 Island Oil A Tr 6s 26 ctfs dep— liotta-Fraschini 7s 1942 with war Without warrants Jefferson A Olearfield Ooal A Iron Indiana Oo 1st s f 6a 1950-JAJ Jones A Laughlln St 5s '39-MAN Journal of Commerce 6*s 1937— 60 » 61 3 7 s s 99 50 40 39* 100 65 Kapstone Service Oorp— Sink fund 7s 1938 MAN Karstadt (Rudolph) Inc— 1st 6s 1943 with Am shs.MAN Kaufman Dept Stores Sec Oorp— Ool tr 5 * % notes July 15'43 PAA Keltb (B P) Oorp 6s 1946—MAS Kelvlnator Oorp 6s 1936 JAJ Kendall Oo 5 *s 1948 Kendall Mills 1st 6*s 1944.JAD 22* 24 70 80 47* 60 53"" 54* Kentucky Rock Asphalt— 6*s 1936 with warr...JAD Without warrants—...JAD Keystone St A Wire 8s 1941 AAO Kimberly-Clark Oorp— 1st mtge 5s 1943 ser A JAJ Kinney (GR) Oo 7*a 1936-JAD Kirby Lumber 6s 1938 J&J16 Kobolyt Oorp 0*s 1943 Koppers Gas A Coke Oo— Deb s f 5s 1947 .JAD B f deb 5*b I960 JAJ Kresge Foundation 6s 1936-JAD Kresge (S S) 1st 5s 1945 JAD Ctfs of deposits .... 70 70 80 80 80 90 84 45 45 25 86 71 75 s MAN / Certificates of deposit / ;— Nat Union Mtge 6s 194040 78 Newberry (J J) 5*8 1940—AAO New Eng Nav—See N Y N H A H RR. New Eng Sou Mills 7s 1933 / 4 New River Oo 1st 5s 1934 JAJ N Y Dock Oo—1st g 4s *51.PAA 52" Serial 5% notes 1938 AAO 34* N Y Evening Journal— 1st m A coll tr 6*s 1932—JAD 80 1st m A coll tr 6*s 1933--JAD 80 1st m A coll tr 6*s 1934--JAD 80 1st m A coll tr 6*s 1935—JAD 74 1st m A coll tr 6*s 1936—JAD 74 1st m A coll tr 6*s 1937—JAD 74 N V A ..Foreign Iuvesting Oorp— Deb 5*s 1948 with warr.JAD 52 N Y A Hob Py 6s May *46—JAD 65 Hoboken Perry 5s 1946—MAN 75 N Y A N J Ferry—5s '46—JAJ 70 6% conv notes 1938 89* 93 A Toll- Deb sink fund 5s 1959—MAS Lackawanna Steel 6a 1950—MAS 58* & 92 26 8 55* 36 85 85" 65* 8% 8% 20* 30* T 8% accrued inter et. Jfc Las sale, n Nominal, r s r 80 FAA FAA 1st M 6s 1953 series B 79 Porto RIcan Amer Tobacco— 6a 1942— 39* - 55* §4* 45 50 97* 99* 24 90 Re'fg" 1st'0*s T431JAD 29 30 98 4 Punta Alegre Sug a f 7s 1937 JAJ Oomm'l Nat Bank ctf dep "... -3" —AAO 69 10-yr 5*% s f notes *37..PAA 66 10-yr a rs*% notes *40—MAS 70 Purity Bakeries 5s 1948JAJ Quaker City Tank Line— 90 5*s 1932-1938 Railway Express Agency Inc6.50 Serial 5s *32-'38 (s-a)...MAS Series 5a *39-'49 (s-a) 6.50 MAS Reliance Bronze A Steel Oorp— S f conv deb 6s 1944 AAO f — Reliance Mgt Oorp5s 1954—PAA 85* Remington Arms 0s 1937.— MAN 75 5*% notes 1933— MAS Remington Rand, Inc— 71 68* 70* 97 5.50% 5.50% s 45 5*s 1947 with warr.MAN 79 86 80 48* 1948-JAJ 1st lien coll 6s 1945 J AD 16 Republic Iron A Stl 5a 1940 AAO Ref A gen 5*s '53 «er A..JAJ Republic Motor Truck Oo, Inc— Deb 6*s 1937 with war__JAJ Revere Oopper A Brass— 1st inc 08 July '48 ser A..MA Reynolds Invest 5s 1948 !_ Rhelneibe Union 7s 1946 JAJ Rhlne-Maln-Danube7s 1950 MAS s 76" 75 20* 84* 47 55 30 35 52 49* 26 28 33* 34* 51 56 P Richfield Oil of Oallfornla Ool tr 6s 1944 ser A MAN Ctfs of deposit Rima Steel Oorp 1st a 17s '55 FAA 33 14 17 Riordon Pulp A Paper Ltd— „ ?S lrt 6s June 30 1942 JAD30 I 1 .... «00 !<N RochAPItts O A I 5s '48—MAN Rocky Mtn Fuel 6s 1943 Rogera-Brown Iron 5s '32-*40 JAJ Gen A Ref 7b 1942 MAN 40 ...— - 20* Stamped 31* 7% 92 55 58 Canadian prices, 44 25 Republic Brass 1st 6s 90 s _ _ . f Roman Catholic Ohurch 6*s 1946 Rom Oath Ohurch Welfare 7s 1946 Root Glass Oo. 1st 6s — mm .... 37 36 88 42 40 92 Royal Dutch Oo— 30" Lake Superior Corp inc 5s *24-Oct 1st A coll tr gold 6s 1044. .JAD h Basts. /This price include and Toronto Stock Exchanges. 88 64 80 JAJ Rejpub Gas Oo (formerly Saxet Oo) 57 75 28" 84 60 Cohsol Collieries— Port Alfred Pulp A Paper Oerp— 1st M • f 5*s 1957 ser A.MAN Port Arthur Canal A Dock— Deb 85 85 78 78 71 95 N Y Shipbldg 1st 5s Nov 1 *46 New York Trap Rock Oorp— 1st M s f 6s 1940 JAD North Amer Oar— Nova Scotia 8 A C 5s 1959—JAJ O'Gara Ooal 5s '55 op aft'08 MAS 81* 90 Deb Q*s A with warr '40.MAS North German Lloyd— 90* 95 68* Pure Oil Oo— H .... NYLEAWOA RR— 1st 6s ext 5*% 1942 MAN N Y L E A WD A 11st 6s *13— Extended at 6% to 1943 JAJ 70 Poor A Oo 0s 1939 Prudential 14* 83 50 6s 1933 70 30" .... 50 60 77 PAA f 6s 1948. 6% gold notes 1930 73 23* 20-yr sf 0s 1947 MAN North Western Refrigerator Line Eq tr 5s 1933-1939 (s-a)-MAN North'n Elec Oo Ltd 5s '39-JAD Norwegian Hy-Elec Nltrog OorpRef A Imp 6*s *57 ser A MAN 8 98 91 50 Chase Nat Bank ctfs dep 60 7i 8S 30 f 6*s Equip 5s 1932-1943 (s-a)-JAD b Eq tr5s *32-'45 (s-a).—MAN15 b North Amer Oement Oorp— 76* 30 65 National Radiator Oorp— Deb 93 87* PUlsbury Flour Mills 0s 1943 AAO Pirelli Oo of Italy con 7s'52MAN Pltt8b Brewing 6s Feb 4 '49—JAJ Pittsburgh Ooal Oo— Sinking fund deb 6s 1949-FAA Pittsburgh Screw A Bolt Oorp— Deb s f g 5*s 1947 JAD ----- — -AAO 92 Oo. 40 Deb 19" 14" _JAJ Potrero Sugar 7s 1947—M&N15 Pressed Steel Oar 6s 1933——JAJ Price Bros A Oo 1st 0s '43 A.FAA Procter & Gamble 4*al947 Protestant Ohurch of Germany— 7*s 1946 Provincial Bank of Westphalia 1940 Namm (A I) A Son—See Mfrs Tr MAS 70 51 14" Oonv 25 36* 50* 92 Pierce Butler A Pierce 6*s *42 Pierce Oil 8s Dec 15 1931—JAD15 Pine Hill Collieries 1st 6s 1942— 1st 0« 1953 ser A 12* Nassau (Ger) Landbank 6*s 1938 Nat Acme Oo 1st 6s 1942 JAD Nat Dairy Prod 5*s 1948—PAA National Fire Proofing Oo— 69, Phillips Petroleum CoSink fund deb 5*s 1939- JAD Pick (Albert) & Oo deb 6s *36 JAJ 22 warr Murray Body 1st 0*s 1934-JAD 96H 70 48 1st gold 5s 1957 op 70 69* Secured 6s 1937- 63* 47* Pocahontas JAJ - Mtge-Bond Oo 4s ser 2 '68-A AO 80 90 Pittsburgh-Westmoreland Ooal 1st 3 f g 5a 1947 opt MAN Ind Miner aria, Italy)deb 7s '37 With warrants 30 PAA w w 85 Pitta Steel Without warrants Morris A Oo 1st s f 4*s "39-JA. mi 1st A ref s 16s 1947 ser A—JAJ Ref mtge 6s 1956 ser A—MAS 93* It* gold notes 1936 AAO Minnesota A Ont Paper 6s '48JAJ 1st s f 6s 1950 MAN - 46* 43* Internet Mercantile Marine— 106 M coU trust 6s 1941—AAO £ateruaclonal Paper— Deb g 5s 1947 Without warrants 20 7% i m. MAN JAJ15 Ihternat Power A Paper— 1st M 5s 1988 JAJ Internet Salt g 5s 1951 op—AAO International Securities Corp— Deb g 5b 1947 JAD Interstate Iron A Steel Co— 47* 52 MAN *' 31* 42 Midvale Steel A Ordnance— Munson 5*% notes 1932———-JAD 28 Oonv s f 5s 1936 MAS Miller A Lux Inc 1st M 6s*45 AAO 1949 Phlla A Read O A T 5s 1973- JAJ Oonv deb 6s 1949 MAS 97 Chain Properties— 1st conv. 8 f 6s 1948 MAN Metropolitan Wat Sew A Drain Board s f 5*s 1950 AAO Mlag Mill Macb'y 1st 7s 1956— Middle States Oil 7% notes Middle States Petrol 6*s 1945— f 6s s Pennsylvania Glass Sand Oorp— 1st M s f 08 1952 JAJ Penn Greyhound Lines, Inc— 5*% notes 1932-1935 AAO Metropolitan 94* _ Ind Limestone 1st s f 6s *41 MAN Inland Steel 1st 4*s 1978—AAO 1st m s f 4*s 1981 ser B..FAA Interlake Iron Oorp— L'hold 84 . lOi" 100* MAS15 Deb s f 6s 1947 Oonv deb 6s 1941 77" JAD JAJ Penn Dock A Warehouse Oo. 26 8 50 . International Match Oorp— Deb 0s 1943 with warr—FAA 47 6% notes 1933 (s-a)——'-FAA Humole Oil A R 6*» '32-4Ae id Deb g 6s 1937_ AAO International Oement— Oonv deb 5s 1948 28 48 lit M 6s 1945 with warr—MAN Merchants Refrig 6s 1937-.-.—- 69* ■*. Oonv deb 6s 1939 Indian Refining Co— 78 47 36 37* Independent Oil A Gas— 80 46 35" 100* 101* MAN Parmelee Transportation Oo— 8 f conv deb 6s 1944——AAO 4* 56 66* 1934 Panhandle Oorp— 85 10 55* 1940—MAN 90 13* 62* 20-yr conv deb 5*e 1960-MAN Mead (The )Oorp— Hudson Bay Min A Smelt 6s 1935 Hudson Coal 1st 5s 1962 A—JAD Hudson (J L) Oo— 53* :t.M:;78 46 McKesson A Robbing Ino— s 19* 58 51* 20 35* 49 44* id" Houston Oil Co of Texas— 58* Peabody Ooal Oo (Oonaol Oo)— 1st » f 5s 1953 ser A MAN 94 27* Holllngshead (RM) Oo 7s 38 PA A / Haod Rubber 7s 1936------JAD Cany 6 * % g notes 1936AAO15 s 68 52 55 Path Ex deb 7s *37 with war MAN 96 McOrory Stores 5 *■ 1941-JAD15 47-MAN Holland-Amer Line 6s 35" 87 com f 6s 1940 33 100 98 f 6s 1947 AAO Massey-Harrls Oo 5s 1947..AAO McOord Bad & Mtg— r 80 s 96 19 55 99 ist mtge s "6" n* 2-yr 6% notes Mar 15 '33 MAS15 Paramount F&m Lasky Oorp— JAD 20-yr sfg6s 1947 ParamountPublix Oorp— Sink fund 5*s 1950 PAA Park A Tilford s f 6s 1936—JAD 45 Ool tr 6% notes 1935 AAO Mfr» Tr Oo ctfa of partlo In A Vamm A Son 6s 1943-.—JAD 75 lat 7« 1937 with 8 f 6s 103" ,162* warMAN (of Oalif)— JAD15 Pan-Amer Petrol A Transp Oo— 27 82 23 0s 1941.-.-AAO Logan Oounty Ooal 7s 1942 L<*rlllard CP) Oo g 7s 1944-AAO Lukens Steel 1st M g 8s '40 MAN Magnolia Petrol deb 4*s '32 FA A Deb 4*s 1933 FAA Deb 4*s 1934FAA Deb 4*s 1935 FAA Manatl Sugar 1st 7*s '42—AAO fltpd Apr 1931 coupon Mansfield MinASmelt 7s '41 (ww) S f deb 6 *s 1943 with Palmer Oorp of La 1st 6sl948JAD Pan Amer Indus Oorp 1st conv Marion Steam Shovel— 6-year 5% notes 1936 AAO Hayoca Oorp 6s 1937---— Haytlan Oorp 8s 1938 ---Hoe (R) A Oo 1st 6*s A *34 AAO 25 89 Pan Amer Petrel Oo Manufacturers' Finance Oo— 10-yr 6s 1939 with 12* 87 6* % notes 1939 with w JAJ Pacific Western Oil Oo— 92 AAO f 5s 1942 r 100 PAA 1st s f 6s 1943 JAJ2 r 100* 30 Oregon-Am Lumber 6a 1942AAO Oriental Devel Oo Ltd— 62 Extl deb 6a 1953 MAS 15 58 Extl deb 5*s 1958 MAN 49 Osgood Oo deb g 6s 1938 JAD 52 Oswego Falls Oorp 6a 1941 46* Otte Steel 1st 6s 1941 ser A.MAS Pacific Ooast Oo g 5s 1946--JAD „ 16 Pac Fruit Exp Eq—See 80 Pacific Oo. 56* Pacific Invest deh 5s 1948—JAJ 24" 40 McNeil A LID by— lat M ......... Ontario Steel Products— Leipzig Trade Fair 7s 1953 1937—JAD Sinking fund deb 5s 1947--FAA Gulf States Paper Corp— 1st s f 6 *s 1943 with war.JAD Gulf States Steel deb 5*8 42 JAD Hall (P W) Printing Co— Krueger 89" 8 f 21 73* 24 '34-PAA 43 JAJ 1933—— 40 42 8 f 4% 1st A ref 5s 1934 1st A ref 6s 1944 1st A ref 5s 1954 74 1st m A Col tr 5*8 47 int MAN Ham-Am Line 6*8 eq 32-40 JAD 40 Deb g5*s 1942 i AAO Lehtgn Ooal A Nav fund 4a '48 JAJ Oons s f g 4*s 1954 JAJ Oons s f 4*s 1954 ser O JAJ Lehigh Valley Ooal— 1st 5s gold guar 1933 JAJ 1st 40-year guar lnt red to 34* 69 12 r 100 O—— Old Ben Ooal 1st 6a 1944 Oneida Community Ltd— Portland Oement Oe— 73* Gulf Oil of Pa deb 6s 11* with war..JAJ B Series PAA PAA —PA A. lat A ref 5s 1904 PAA 1st A ref 6s 1974—---..PAA Lph A W-B Ooal eon 4* '35—JAD GreyhoundOorp 6% notes 33MAS Ground Gripper Shoe 6s 1944---- s ist conv 6s 1954 . Series 43 40 warr.MAN Nitrate Oo— 34 Grand (P A W) Properties Oorp— Oonv deb 6s 1948JAD15 Great Lakes Paper Oo Ltd— 1st s f 6s 1950 ser A—.- MAS / 5% notes 1932 (s-a) Bryant Inc— Lawrence Ask. Bid. Bonda. Ask. DgUvie Flour Mills 6a '32—JAD r 100 67* 39* ould Coupler 1st 1 6s 1940-FAA §etbam Silk Hos deb 6s 38 JAD 10-yr aec ■ f 5*a Bid. S f deb 6s 1940 with illette Safety Razor— gesfurel—See Public Utilities Hanna (M A) Oo deb 6s Hansa Steamship Lines uane 59 60 60 2-year 6% notes 1933 MAS Gen Stl Oast 1st 6*i '49 w w J&J Gen Theet Eq deb 6s 1940-AAO Gen Vending 6s 1937 w w.._F&A German Atlantic Cable 7s 1945— German Bldg A LandBk 6*s 1948 marked "f" and Inoome and detaolted bonds* Bonda. 30 Gen Rayon deb 6s 1948 w w. JAD General Refractories Oo— M ^Debentures 5s Ask. Bid. Bonds. lit M BONDS INDUSTRIAL & MISCELLANEOUS 92 Deb 4a 1945 with warr—..AAO Ruhr Ohemical 6a 1948 .AAO Ruhr Housing 6*s 1958 JAJ Ryerson (Joseph T) A Sons— Sink fund deb 5s 1943 MAN Sale price, 75 72* 25 73 s 22* s 23* s 79* s 80* f Minimum price established on Montreal INDUSTRIAL Bid. Bonds. Ask. where marked "f" and income and defaulted bonds. Bid. Bonds. 83 81 M&N 1st M „ s 86 Louis f 6s 1947 18% 90 Refrlg & Oold Storage— 6s 1942 St Maurice Valley Oorp— _j&j aA-tA!io11 tr St 19 80 J&D » B MAS LjRky Mt 8c P 5s *65 etpd.J&J 40 St. Regis Pap 6%a '32-,34—J&D Santa Ana 8ug 8s 1931 A&O / Saxon Pub Wiu (Germany)— 111 extl s f 7s 1946 Gen & ref 0Ws 1951 44" 89 93 35% 48 53 65 69% 32% 28 II* 5% gu notes July 15 '32-J&J 15 Schulco Oo 6%s 1940 J&J Guar s f 6%s 1946 ser B_ A&O 67 Scrlpps (E W) deb 6%s 1943 F&A Scullin Steol 1st 0s 1941—..A&O 35" Securities Oo N Y 4s cons—M&8 40 Security Mtge 0s Sept 1 *45 ser E 0% bonds Apr 1 1940 ser P Seneca Copper 7s 1933 Serve! Oorp (new) 5s 1948 Sharon Steel Hoop— 1st « f 6%s 1948 ser A F&A 55 50 55 Deb s 7%s. 1940, with warrant Without warrants 36 24 52" 60" ... Ooal s 75 38 frumbull Steel 70 % 70 10-yr deb 7s 1935 ex-warr M&N Ulen & Oo deb 6s 1944 F&A Union Gulf Oorp— Ooll tr s f 5s 1950 —...J&J Onion Oil Oo of California— Shell 73 74% 28% 90 98 6s May 75 % 78 8 f g 5a 52 % 40 % 74 37 43 59% s f fls 1940.M&N (W. A.) & Co. 5%s *39. Willys-Overland 1st 0%s '33 M&S Wieboldt 83% 80 Sinclair Crude Oil Purch Oo— 10-yr 5%s 1938 ser A J&J Sinclair Pipe Line s f 5s '42—A&O 95 95% 92% 93 Skellv Oil deb 5%s 1939— M&H Smith (A O) Oorp 6%s '33-M&N 45 % 47 100% 101 1944 Wood (Alan) Ir & St 0s 1944 Woodward Iron 5• 1962——J&J Yellow Mfg Accept Oorp— 6%% notes 1934 F&A Youngst Sh & Tube— 1st m s f 5« 1978 ser A J&J M&815 1st s 28% s 30% 32% 6%s 1938 A&O Spruce Falls Power & Pap. Ltd— 1st m 5%s 1932-43 (s-a)„A&0 33 35 Staley (A E) Mfg 1st 6s '42-M&S 65 70" 100 100% 90 46 a f 7s "51-A&O United Stores Realty 69% 59 9% 9% 9% 3% 2 2 60 88 78% 63% 63% 13 78 50 90 68 68 SEATS. EXCHANGE 15 No Last Sale 1.3608135,000 83% N Y Stock Exch— 27% 27% 28% 30 28 30 Produce Exch-1,577 N Y Cotton Exch.. 450 N Y Oof & Sng Ex344 N Y Curb Exch.._ 550 88% 89 t Ex-rights 88 20 89 16 17 25 102% 60" 8tlnnes (Hugo) Oorp— Gen 7s *36 (without war).A&O 28 . Stinnes (Hugo) Industries— Deb 7s '46 (without war.)A&O Strauss (Nathan) Inc 6s 1938 29 J&J 0%% serial notes 1932—M&S 0%% serial notes 1933..-M&S 6%% serial notes 1934 M&S 0%% serial notes 1935 M&S 6%% serial notes 1930 M&S 6%% serial notes 1937 M&S 6%% seria notes 1938—M&S 6%% serial notes 1939...M&8 6%% serial notes 1940—M&S 3-yr 6% notes 1933 J&D 85" _ 50 38 50 49% 99% s 67" 68 s 55 s 48 s 24 26% , —M&S1 75 78 Titusville— 45% '50 Vanadium Corp. of Amer.— Conv deb 5s 1941 A&O Van Camp Pack.—6s 1948 Van Slyke & Horton 7s 1938 Vertientes Sugar 1st 7s 1942.J&D 87 Boston Stock Excb. 139 36 45 67% aMilw Grain & Stk Minn Oh of Oomm- Minn-8t P Stk Ex_ 90 85" 5 70% Montreal Stock Ex- 11% s New Orl Cotton Ex 29 284 650 53 66 500 77 s New Orl Stock Ex- 70 rOmaha Stock Ex 55% - Phila Stock Exch— • mm M m 92" PIttsb Stock Exch- rPortl'd Stk&Bd Ex St Louis Exchange. 6 15 Salt Lake Stock Ex. 60 69% San Fran Stk Ex A&O 23 26 21 28 85 Seattle Stock Exch I 80% 30 84 Toronto Stock 32 Washington Stk Ex 28 206 115 19 50 51 75 s f g 5s 1953—J&J Coke 5s '49-M&8 Walworth Oo 1st 0s 1945 Ward Baking 0s 1937 Warner Bros Pict8^ 1939 J&D15 M&S 14 f Exch Seattle Curb & M 5,000 140 1,800 950 32,000 2,500 1.000 1,900 3,750 3",000 2,100 2.000 750 01.000 94 15,000 1,200 161.500 15,500 25.000 62 40 20,000 2,800 13 465 §1.000 8,750 San Fran Curb Ex. Deb 6 %s'35 ser A with war A&O Without warrants Victor Fuel 1st Va Iron Ooal & 5,800 8,500 LoulsvllJe Stk Exch 68 35% ---- 5,750 74 88 40 s Los Ang Stock Exch Los Angeles Curb Ex 36 36" 217 38% s Kan City (Bd of Tr) 42 30 • Universal Pipe & Rad 6s '36-J&D Universal Winding Oo 7s '37 J&J Valspar Corp.conv.deb 0a'4O F&A Valvoline Oil 7s 1937 M&N N Y Baltimore Stk Exch 08*42-A&O Deh g 5s 1st & ref 5s 1947 8er A 80 Stand Textile Prod 0Us *42 M&S Starrett Invest sec 5s 1950—A&O Steel Oe of Oan 6s 1940 J&J Steel & Tubes deb 0s 1943—M&S 6%s 1943 A&O 5s 1970 ser B 78 United Steel Wks of Burbach Esch-Dudelange 85 Stand Oil (N J)deb 5s Nov 15 1946 Stand Oil N Y deb4%s'51 J&D15 .a 95% 29 U 8 Robber—■ 1948 24 7,500 1948 ..M&N U S Printing 6% notes '35--A&O U 8 Radiator deb 6a 1938—F&A Wells 2 Buffalo Stk Exch— 42 f 5s 10 95% Chicago Bd of Tr—1.592 7,500 Chicago Stock Exch u470 «6,500 Cincinnati Stk Ex.. 50 12,000 Cleveland Stk Exch 41 1,600 Oolumbus Stk & B12 500 Denver Stock Exch. 19 w Detroit 8tock Ex 90 tf>10,600 Ft Worth Gr & Oot 65 ? 1.000 Hartford Stk Exch. 20 |3,500 0%s 1947 with warrants—J&J 33 lsts f 6s 1947-J&D Southern United Ice Oo— 6s 1947 with warr A&O s 67 1.900 O 32 1st m 41 2,250 14,000 4,000 41,000 2.200 10,000 Series T 6% conv gold notes 1932-M&N Solvay Amer Invest Oorp— 5% gold notes 1942. .—.M&S Southern Advance Bag & Paper— Struthers :r 42 U S & British Jnternat Ltd— Smith (Howard) Paper Mills Ltd 1st s f 5%s 1953 A J&D Snider Packing Corporation Strawbridge & Clothier— — Wit her bee Sherman 0s 6s 1933 83 % 79% A&O *41 .A&O 1941 Wilson & Oo 1st 6s WIncb Repeat Arms 7 %s Certificates of deposit Deb 5s 1945 A&O Union Refg Tr Eq 5s 1932-1940— Un T'k Oar eq 4%s '32 30.A&O United Biscuit of Am 0s '42-M&N .A&O A&O Unit OH Prod 8s *31 Ctf dep J&J25 United Industrial 1st 0s 1945.J&D Deb 0%s 1941 M&N United Porto Rlcan Sugar Oo 0% % notes'37 A with war M&S United Steamship 6s 1937—M&N United Steel Works (Germany)— S F 0%s 1951 with warr_J&D 98% i 2 Certificates of deposit 1 1942 Ser A F&A Feb 1 1935 Ser O A&O United Drug5s 1953 6a 1932 ----- M&N WIckw Spencer Steel 7s '35— J&J Certificates of deposit—...... Wickwire Spencer 8teel Oo— Pr Hen & coll 7s Jan 1935-M&N 1953-M&N15 6%a M&S16 Without warrants Deb s f 0s 1940- Oo— Truax-Traer 70 f deb 6s Wheeling Stee; Oorp— 1st & ref b f 5 %s 1948 ser A. J&J 1st & ref s f 4%s '53 ser B.A&O White Sew M 6a '36 with W— J&J JM&S 65 s S f deb 5%s 1937 Without warrants rraylor Eng & Mfg 8s 1936 Oonv deb Deb g s f 6%s'51wlth warM&S Slleslan-Am Oorp 7s 1941..F&A Silica Gel Oorp— 5 yr 6% notes'32 with war A&O Simmons Oo 5a Nov. 1 1944 Sinclair Cons Oil Oorp— 1st 1 coll 7s ser A 1937-M&S15 1st lien coll 6 Us '38 ser B_J&D 42 Thermoid Oo 0% notes 1934-F&A Tri-Utilitles Corp— Oonv deb 5s 1979 s 1st s f 6s 1947 J&J Shults Bread 1st 6s 1940-—M&S Siemana&Halske 10-yr7s'35—J&J Siemens & Hal-Slem-Schuck— 84 70 70 % Pipe Line Corp— Deb sf 5s 1952 M&N Sheridan-Wyoming Goal Oo— 99 t 101 73 10 f 5s 1947 M&N t5a 1949 with warr.A&O 29 55 15 1941——-M&S 5%% notes 1937 M&S Webster O&O 1st g 5s '42 on M&S W Va Ooal & Oo 1st 0s 1950-J&J Otfs of deposit Western Elec deb 5s 1944—A&O Western Newspaper Union— Oonv deb 0s 1944-.——-F&A White Eagle Oil & Ref Oo— Conv 38 — 29% Warren Bros Oo— 95 10 Corp— s 89% renn Goal I & RR 6a 1951—J&J fenn Oop & Onem 6s 1941 -A&O Oonv deb 0a 1944 ser B M&S Texas Oorp deb 5s 1944 A&O 70 §W£d.Ste&,6#8 1948—M&S Shell Union Oil Deb 87% §6% 80 f g 5s '44 M&S 1941—J&D 7s *39 J&J Stpd (July 1930 coup on) 1939. Warner Sugar Oorp lsfe Teitx (Leonard), Inc— 30 % F& A M&N 91 97% J&J 10-yr 5% notes 1940 M&S Taylor-Wharton I & S 0s '42M&S 1st & ref 7%s 1940 Ser A..J&J 8 65 ... Oonv deb 0s 1939 Warner Sugar Ref 7s 88% 26 J&D 1938— 1944—-A&O Warner-Qulnlan Oo— _ Swift & Oo 1st « Without warrants— % M&S Sugar Pine Lumber Oo— 1st M serial 6s 1932-1942-M&S Sun Maid Raisin 0%s 1942 f Sun Oil deb 8 f 5%e 1939 M&S 5% note July 1 1934 J&J Sun Pipe Line 5s 1940 Susquehanna Silk Mills— 8 f deb — 11 .ITI i With warrants Sugar Estates of Orlente— 1st s f 7b 1942 mm .. Warner Oo 1st 08 Stutz Motor Oar 7 He 1937- A&O Joseph Lead Oo— Oonv deb 5%s 1941 St Louis Gas & Ooke Corp— Bid. Bonds. Ask. m St. 93 MISCELLANEOUS BONDS & ROTIOK.—All bond prices are "and interest" except _ § Wheeling Stock Ex Winnipeg Gr Exch- 1,500 a Chamber of Commerce of Milwaukee chauged its name on June 10 1931 to Milwaukee Grain & Stock Exchange, b Basis. / This price includes k Last sale, n Nominal, r Canadian prices, s Sale price, t Under a resolution of the Governing Committee of the New York Stock Exchange dated .Tan. 24 1929 the number of members was increased from 1,100 to 1,375. Up to date 260 new members have been elected making present membership 1,360. The purchase of four rights entitles holder to one full membership in the Exchange. Sale at $625,000 before increase in membership in Jan. 1929. highest on record, u For new membership. Last sale of old membership, $110,000. The Governors of the Chicago Stock Exchange increased the number of members from 235 to 470, a 100% membership dividend being declared, each present member receiving one additional membership, z Curb memberships not included, w Detroit Stock Exchange declared a 100% membership dividend, increasing membership from 45 to 90. Present prices ex-this 100% dividend, t Sale Jan. 20 1931. t Price for combination membership in San Francisco Stock Exchange and San Francisco Curb Exchange. § Prices of Wheeling Stock Exchange memberships are fixed. No open market. Original price $250. now $1,000. If Book value. Membership of Ft. Worth Grain & Cotton Exch. is limited to 90. Exchange buys certifs. in order at $850 when funds are available, v Omaha Stock Exchange voted Dec. 27 1930,, to liqui¬ date and dissolve, v Portland Stock & Bond Exch. temporarily suspended on Feb, 11931, Last sale above given is previous to suspension accrued interest, Pat Stocks. North. Mills. SCoofca. Ask. Bid. textile mfg. stocks. Per par "434 "634 100 42 46 Amoakeag Mfg Amoekeag Co pref.. Andrdscog M (MeiJ Appleton Oo (Mass)! Arlington M (Mass.U 4 Ajmoc Textile Cos._t Preferred 30" 16 ^ Oo (Utica) Soule Mill (NBJ.IOO 41 Stafford M (F R). J Stevens Mfg (F R).l Suncook Mills pf "7 k 23* Taber Mills (NB)—1 Thorndlke (Mass).. 16" 15 6834 ','"2"" *4 " 14 1 CO' *4" Bess Mfg com... 100 Beaten Mfg pref. 100 1 Brookside O.M. Oabot Mfg loo Cameron Mills Charlton Mills.. 100 1 33 3* "8 ..100 7 Preferred Canadian Mills. 2 Domln Text, Preferred 60 r z 63 3* 2 s 119 92 95 Penmans.Ltd com(t) Preferred.. 100 Westfield Mfg com. Preferred 100 Whitman M (NB). 2 33 r _ 35" "4'" 2 Wlnnsb'e Mills pi ] 00 York Mfg (Me). 100 5 Baltimore. American 8 Per Southern Mills. 63* Baltimore 6% 12% Corp....—10 15 share. 1 Arcade Cotton Mills Arcadia Mills 100 16 80 75 3* 7^ 75 75 20 Preferred.. J Draper Oorp 100 Dwight Mfg (Mass). Edwards Mfg (Me).. EsmondM (Rl).pf) Preferred 43* 25 19230 6 4 27" 49 "73* 6 69 69 St. Louis. 5 13 10 Oolum Nat Llfo.100 Mass Bonding Paul, Minn. 7% preferred 3634 40 Fund. 100 42 4234 21 x 27 128 138 Occidental Life 10 1234 35 383* 333* ...25 4334 Belton Mills (S O)—i 113* 100 Camden Fire 15% 40 70 100 75 10 2.50 3 Springfield,Mass. Camden. 10 .... Life, Pacific Mutual West Coast Life 80 — 112 San Francisco. Home Fire A Marine Brooklyn—See N Y 625 150 '.mm** 100 St. Paul F A M—26 (Los Angeles) 40 30 Beaumont Mfg 8% 10 Oallf-West State Life ..100 Boston 35 Avondale Mills Preferred.. 3 Virginia F A M—26 Deposited stock— Firemen's 51 20 ... Bibb Mfg. Brandon Corp A Class B Everett M (Mass)..* Falrh Mills com.lOG 45" Arkwrlght Mills 22 23* Guaranty .......10 Merchants ....(t) Prov WaNh'ton—100 Puritan Life 50 Rhode Island .(t) 4 ■ 285 20 Abbeville O M (SO) I Anderson CM (SO). I 12 Dartmouth Mfg Corp (N B)—100 Preferred 100 Davol Mills (F R)—I Dexdale Hos com I 2 260 Boston. 53" 10 Providence. St. Fire 49" "3 Victory Mo State w Fidelity A Guaranty 2nd preferred Oentinl M (Me) 100 Cornell Mills (F R).i 3 "2" 10 Continental Life—10 INSURANCE STOCKS. Preferred City Mfg Co (NB)__ Cenn M com A.... Common B Preferred 30 15 "2" Reliance Cent States Life _ 73"" ' Richmond. I 100 100 Preferred I 78"" 50 Ltd.(t) Montreal Cottons Wamsutta M (N B) 3 Weetamoe M (FR).i 13 100 Preferred (Jtlca Steam A Mob " 1 30 □an Convert, Ltd—3 □an Cottons,Ltd.100 * 10 90 s Woodside Cot M.100 ... Val Cot 1 1 lr-< l»-t 1 33 Whitney Mfg (SO) J 5 500 Union Cot Mf (FR) J Union Mills 75 Beurne Mills (FR>-< Bristol Mfg (NB;—, 70' Casualty 8 73* 283* People's Nat Fire... Phlla Life 10 40 1C0 60 Ware Shoals Mfg.100 "3" Mfrs 16 38 95 100 West Point Mfg. 100 Utica Knit Oo—100 Preferred 100 17 1 15 40 Wallace Mfg Oo M (Mass) 100 TroyOot'nA Wool'n Mfg (F R) Preferred 190 Baott Mills (Mass).i Border C M/g (Fit) t 43 Philadelphia. Fire Association—10 Ins Co of N A 10 Tremont & Suffolk Mills..26 Booth Mfg 95 Preferred 6 22 21 ■ CO 100 2d pref 100 Vlctor-Monag Oo.J 7234 t 1UU 100 1st pref 20 134 834 94 Union-Buffalo Mills. 4 18 19 10 17 Preferred 15 95 Spinning Oo..(t) 7% cum pref—100 14 Spartan Mills (80) J Cotton 9% 434 14 25 ... share 70 25 Ins.......10 Stuyvesant United States— Alt. Per W antchesfcer..—10 Southern Worsted pf (F R) common 100 Preferred. 100 Skenandoah 8 — — 40 Process common.. Shawmut Cot Mills 10 Beacon Mfg (NfB)J Preferred .100 Berkshire Fine Woolen 20 ' 5 & Print Wks corn- Preferred Shaw Stocking Shove Mill (FK)_100 ' Rossla Southern Franklin— 100 Preferred 3 t Preferred Beone (Daniel; 27 (N H) 100 Sharp Mfg (NB)—/ 40" 2 Barnard Mfg (Pit) J Bates Mfg (Me). 100 Blgei-Sanf Oarp't 23 100 Oo 43* Pacific Fire Southern (F R)_ 150 40 20 18" Sibley Mfg (Ga)_100 Bleachery Bid. Par New York (Cone.) North River 25 share. 100 Saxon Mills 100 Stooka. Ask. Per Salmon Falls Mfg 170 Algonquin Print—J Am Linen (Fall K).i American Mfg 100 Bid Par Stocks. share. Rich Borden Mfg Oo (F JR) Sagamore Mfg Arcadia M Preferred Ask. Bid. Par share. Per 63 Sprtngf Fire A M.25 66 Washington. Hartford. 15 26 American 100 x 275 100 Parr Alpaca (Mass) i Preferred........ □alhoun Mills.. 45 Automobile Ins...10 14 16 Corcoran 50 x immm 160 40 50 Hartford 33 35 Fireman's 20 Flint Mills (F R).J Franklin Oo (Me). J Cannon Mills 1734 18 Harcf Steam Boll M Preferred General Cotton 1% W* 123* .. 37 "8' 15" Harmony Mills pf. _J 27 30 4 SEfcE?™®! 6 Holmes Mfg (NB). J Preferred loo Heesac Cot Mills pf i '7k Ipswich Mills...100 Preferred ICQ National 10 National 39 10 26 25 38 40 30 34 39 W* 55 50" 60 (Fire) 10 Life Insurance. A Surety 10 Aetna Life.......10 Converse (D E).1Q0 □owpena Mills Dallas Mfg (Ala) .100 Darl'g'n Mfg (8 C)_/ Drayton Mills 100 Dunnean Mills..100 45 50 Conn 20" Aetna Casualty Gen —10 Lincoln Nat Life—10 '«• • «. «• 25 Travelers' » 15 100 16 50 " 70 10 Gainesville Cot Mills Glen wood Mills mmrnrn, "8" 103* 83* 100 4 Preferred 100 33 Grantevllle Mfg. 100 Greenw'd O M(S O). Grendel Mills Preferred 20 Hamrick Mills Sartsvllle Cot Mills. Hunter Mfg A Com¬ Alaska Liberty 60 Louisville. Fire<fc Mar Nawagansett Mills 3 Nashawena M*"" loo Nashua M (N H) 100 103* 14 113* loo 58 H 5 13* 8 93* 86 Arcadian 36 40 45 15 25 75 Limestone CAM Marlon Mfg NO 100 Monarch O M (S O) I Musgrove Mills 230 mmmmm mm-mm 60 mmmmm Pal ham 25 Callahan u Ex-rights, r Amer Reserve. m 58"" Cop Range Con. 100 2% 20c. 13 De Beers OonsM. 11 14 Dome Mines.... (t) East Butte 83* Federal M A Sm.lJii Preferred 100 li-l O 35 Fidelity-Phenlx 10 Globe A Rutgers. 100 40 Great 65 Continental 25 105" 203* 21H ...10 205 Hanover 1334 18 Home 125" Home Fire Securs.10 Knickerbocker com 5 22 Golden Centre 153* 20% 19% 10 t Merchants Fire Asso Common .10 Lincoln Llberty__5 t 63* 18 2H 8% 35 t GO 1 26 50 First National Goldfleld 2c. 15c" 50c. Va s 5 Oonsol 16c * 10c. Mines Granby Cons MSA Power 100 73* 7 Granlte-BI-Metallic (St 13* New...L......__ 1 \ . 2134 116 k 18% 10 Stamped Cod (53.75 pd)—5 Franklin 25 235 .10 .60 10 American 75"- Louis) 10 "2% Greene-Oananea 11% 9% 25c. 13 1 35c. Guanajuato Cons. .5 22 Hancock Cons Hardy Coal Hecla Mining _ 100 20 1 25c .... 50c. .... ui 45 6 Assessment paid, c Par value 5700. d Price per share, not per cent, h Par value n Nominal, o Ex-liquidating dividend, r Canadian price, s Sale price, t New t Without par value, z Minimum price established on Montreal and Toronto stock ex- dividend. First installment paid, changes. 8 "k 17 Common wealth.. 100 Hamilton Ex-stock dividend, 6 1234 14 57 35 54 % 334 10 City of New York 100 49 , 134 H 6 30 57 15c. 22 10 com Bronx Fire 20. 9 5c. Davis-Daly Copper 1 Kquit Bankers & Ship..25 Brooklyn Fire.. 5 6 Purchaser also pays accrued 30 New York. 61 16 I Par value $100. 223* 10 20" 50'" 5 4 GreszonOonGM AM 1 Crown Reserve 1 Pan Amer Life 55 Poe. F W. Mfg (SO)J Riverside & Dan RIv 1034 Lead A ZInc_20 Con Min A Smelt..25 14" Piedmont Mfg (8 C)I t "6 25 Cliff Mining Oonsol Copper O011 5 Northern —.—25 a 22 New Orleans. American Alliance Mills 27 10% Metals... Chile Copper 20 10 Amer 30 3 2% 22 Zinc-Lead Co 10 Calumet A Hecla_25 Oeri-o de Pasco Ins New York... Ex-dividend, 11 New Haven. Security National k Last sale, 105* 103* Carnegie 65 18 Pickens Cot Mills 6% preferred x 10 American.... .....6 Firemen's —10 95 mmmm Cop A Z Co.5 8up 10 Butte A 45 400 ASullivai MAO 10 Butte 95" Phillips Buttorff M J 27k 19 65 5 15 Bunker Hill 15 Nor'west F A M 40 53 Pacolet Mfg (SO)—I Preferred 100 Panola Cotton Mill Ol Apref(par 52 k) 11 % Cons...25 Arizona Globe Onp.l Bonanza Dev Co. 10 mmmm mmmm Norris Cot Mills Orr OotM (8 C)_100 24 85" Wisconsin Nat Life 65 30 14 H Arizona Com'cIal._5 80 -v>»* 29 28 103* ' ---tP- 20 34" Firemen's 16"" 100 Preferred' Pepperell Mfg (Me) I Pierce Mfg (N B)..1 Pilgrim Mills Pocasset T Ponemah. Potomska Powdrell A Alex t Preferred loO Qulssett Mills (NB) I Preferred. 100 25 20 90 100 Newberry O M (SO)/ Ninety-Six Mills.... Osborn Mills (FR)./ Otis Co Pac Mills (Mass) 100 —25 Preferred Milwaukee. 19 60 25 15 A 76"" mtmmm Mollohou Mfg pref s Lead N W National.—_ 20 Marlboro C M (8C).J Mills Mills pref I Newmarket Mfg Co (NH) 100 Nonqultt M (N B) t Nyanza M 100 10 25 Zinc Smelting 1 Newark. ' Preferred Judson Mills A Lancaster CM Lane Cotton Mills Laurens O M (8 C).i Steam Cot Co.100 Nelld Mills (N B)_.J New Bedf'd Got M I Amer Old Line Life .... Preferred B Naumkeag (Mass)"" In liquidation, 140"" 65 Mills 101 Gold 45 ' King (J P) Mfg (Ga) I Preferred 100 Nat Fabric A Fin 100 Preferred Juneau AnacondaOopMIn 50 Andes Copper M.(t) 50 101 95 Mining Algomah .... Minneapolis. 12" 101 96 Ahumada Lead Oo.l 18 50 cent Adventure Cons..25 600" mission Co pfd Industrial O M pref. [nman Per mining STOCKS. Louisville. 80 14 50 15 97 30 39" Gossett Mills (Bait)— * 430 Am Central Life..50 14 35 70 Gluck Mohawk Carpet Ml V. Wood MIL 51,000. 45 Indianapolis. 95 40 mmmmm - 410 42 85" 75 93 . . mmmmm 15 30 40 1434 Atlantic Mutual— 243* 30 marine insur ance scrip. Phoenix 70 50 20 6 ..10 Fire 60" 100 Union 35 ' 13 Merrimack Mfg (Mass) 100 Preferred 100 Middlesex Oo (M)__ stock, 24 10 Fire Insp A Ins O 150 □fciquola Mfg (Fire) Preferred Clifton Mfg (8 0)100 □iinton Cotton Mills Columbus Mfg (Ga) Gaffney Mfg (SO).. Lockwood Oo (Me) J Luther Mfg (F «)..1 Manomet M (N B)_I Mass Outt MUla.100 March Mfg (FR) / — 30 Florence Mills... 7 % preferred ^ Pamaquid M ***■*« ... Eagle A Phenlx.100 Easley Cot M, pref. Enterprise Mfg(Ga) 123* (N B)—1 Preferred □heenee Mills Aetna w Preferred King Philip M (FR)/ Eancas't M (Mass).J Preferred.. loo Lawton Mills ...100 _ (f) □had wick- H 0 sklns25 V* t Gesnold M (N B)._ Preferred Gt Falls Mfg (N H), Grlnnell Mfg (N B)_ MamUt W (Mass)..! All burn M 4 4 % INDUSTRIAL Stocks. Par Bid. stocks Ask. Bid. Par Per Helvetia Copper -25 Holllnger Mines-—6 Homestake Mln.100 Howe Sound Gov t ct r share 10 25 5.25 5.50 120 122 12 13 Hudson Bay Min Smelting.___(*> Indiana Mining. .25 Inspiration Cons r Copper—. Iron 2% 10 3% 20 Cap Copper. 10 25c. Island Creek Ooal.l 16 Preferred 1 Isle Royale Oop_.26 Jerome Verde...50c Keweenaw25 Kennecott Copper. + 85% 2 620H & 18% 107 2% 6c 85c. 10% 10% Kerr Lake 6 Lake Copper...—26 Lake Sh Mines Ltd 1 r La Rose Mines,Ltd.£ La Salle Copper..25 Magma Copper Co. 1 Canada .... 40c. 65o r 1.33 27 20% Northeast Surety— RET Ins (Wash) 100 160"" 16% 4% New class A 1st preferred—50 Preferred 60 95 Dairies pref 2d.l00 Abltibi Pow A Pap." d r 7% preferred—10i 6% pref 100 Abraham A Straus.t 5 5% preferred- Newmont Mining .10 11% 25 Gc. 11* m (t) Nor tit Butte 16 North Lake 26 North Star Mines. 10 Ohio Copper 10 45c. 25c. Preferred.. Aero Supply Class A Air Investors 1% 1% 6% -.1 Pocahontas Premier Gold M m 8% "2% "9" 16" com 8% partlc pref... any Corp—(t) 5 %_% preferredlOO With $30 warr— itAl 25c. 3 5 66% 113% 4 % % 25c Aloha PortlOem.(t) d 4.52 4.70 Preferred.....100 Aluminum Co com.t d 2% % (f) ..... d United Verde Ext50c 3% 3% 59* 6 100^ 35fv 40c 7-16 Copper.. 6 15c. 25c. 117 Atnai Leather t 90 ' 50% 20 1st preferred..l0G Corp 1 d Amerada 50c 10 15 12% 13% Amer SEAL ESTATE Ttt ft LAND STOCKS Albany Tr (Bost)100 a Alliance Realty t Bedford Tr (Bos) 100 a Berkeley Hotel Tr (B) I a Bd of Tr Bid Tr (OJ.U 16 Boston Wharf Preferred..50 d Am Beet Sugar —Ct) d 60 85 80" a Bromf Am Bank Note...10 d 70 a a 80 30 70" American Arch Amer Bakeries a 85 Business R E Tr (B)/ Cent BldgTr (B)-.I ChlCiR ETrus's 1000 a 32 a 25 a 900 CityJR E T (O)—500 Congress St Associ¬ ates (Boston) 1 Copley Sq Tr (Bos) J Devonsh Bldg Tr (B) I a 400 Preferred. j. East Boston Co (B) Essex St Tr (Bost) .1 a a .. a .. .. 2 a .. a a .. a _. Preferred 2% 40 20 2700 50 2 10 15 10 15 Texas Pacific Land 5 53 260 .. warrants)..100 Am Chicle Prior 95 77 Franklin Surety.... Guaranty A Mtge Title 180 Home Title Ins (N Y) Kentucky Title Co preferred —100 19"" Lawyers' M Co. ..20 21% 24 6, 2 7% 27% 1st % 7% > 70 13% d preferred— 100 3% 28 23 8 65 31% 35 115" t ct d Indem.26 a 100 pref 7% Am Enc Tiling—(t> d 134"" 110 50 6 6% 7 .... "3% "3% '? 5 140 Am Hide ft Leath (t) d Preferred —100 Amer Home Prod—t d 14 10 22% 4% 1% 26 5 2% 10 11 44% 45 Amer Hosiery....25 d Amer Ice Co— (t) d 25 14% 14% 6% non-cum pflOO 50 60 65 40 " 84 93 - 16% 18 " 32 100 Osm 01A OtmOl B— Asbestos Common w 15 90 preferred- B 10 1 T 9* 25 90 ...100 8% 8% 13% ——(t) Reg Brit-Amer Tob reg£l Ordinary bearer £1 Brit Col Pack Ltd(t) SteellOO 100 2d pref. ..100 8rockway Mot Tr(t) 7%cumconvprinn Brit Empire 1st pref 35% 26 38% 1% dr T r :'.v r r 8% 8% 2% 5% 80 8% 26 % "1% 100 8 Com 10 (t) d B Conv A d 8 25 (t) d 35 36 pref—-(t) Brown 8noe (t> d .100 Oollender Preferred 15 20 d 32 35 Pipe L—50 Bucyrus-Erfe Co. 10 7% cum pref —100 $2% conv. pref.-6 10 Bunte Bros d 4% 1 2 2% 35 —mm m 2% 23 75 a* 128% 10% 11 BushcTer m Co com (T) d 102 17 20 7% debenture.100 49 58 68 75 Bush Terminal Bldgs pref 100 Butler Bros—;—20 Butler (James) com. Preferred. .—100 Butterick Co (t) Byers (A M) com—t 16 d 20 Autoaales Corp — (t) Preferred 5u Aviation Corp of Am d d 100 Corp.—t d Oalif Petrol 25 d Campbell Wyant ft Cannon Fdry—(t) Canada Cement. 100 ..... 100 (J T) Ohem(f) Balaban ft Kacz— 20 Wks.(t) 21 ; 3 11% 12 43 52% 9% 9% 6% Canadian Eagle Oi,. Can Falrbank pf I (Hi 23 5% 6 12 1% dr 55 d ... 18" dr d — 19"" 102 Canadian Oar ft F (f) dr 4 Preferred 25 dr 15 Canadian Oelanese. d Preferred 100 . 20 3% 63% Can Dry Glng Ale.t Canada SS Lines—t Preferred 100 Canada Wire ft Cable A —(t) Class B (t) Oanad Brewing..(t) Canadian Bronze (t) Preferred.. 106 2 d Preferred Preferred AviationOorp( Del) t Aviation Sec Corp.f Aviation Sec of N E_ 2% 2 dn Oallf Pack Austrian Credit American shares.. Bamberger (L) ft Co «%% pref 100 Bancroft(J) & Sons t 7% preferred. -100 Bankers Sec Corp... Preferred .50 45"" 2% % 7% cum pref.. 100 Burr Add Machine (t) d % 9 KM (t) Atlas Tack. t Auburn Automob.25 Austin. Nicb ft Oo.t Prior A (t) Pref (non-vot) .100 Baltimore Tube.100 Preferred 100 3% 4% 3% 11 Burden Iron pref—_ n Burns Bros com A(t) d Vot tr ctf—(t) d Cora class B—it) Vot tr ctfs.-(t) 1 100 d Preferred..—100 1-16 7 % preferred. _ 100 Atlas Plywood—0T Preferred 15 3% 4% 3% d (t) 6% 2% 2% d Bulova Watch— Baldw Loc 80 65 6 Budd Wheel Bullard Co.— Preferred 4% 4% d 2ft 25 d 100 2% 2% d Associated Rayon (t) Simmons 119 115% Preferred-.—100 Bronswlsk-Balke- Budd (E G) Mfg.(t) d Preferred 100 Apparel Industries——(t) Assoc Dry G'ds—t 1st pref.. 100 2d pref— —100 V t c 5% 9% 3 Brown Co pref_-100 Buckeye Associated Powder Preferred Atlas Stores » .... d Brown Fence ft Wire 25 Atlas 9 6% preferred— Second 7% pref (111) Atlantic Refln'g—25 d Atlan Steel com. 100 2% 36% 10% , 10 Brit-Am OilCorp. _t (t) Corp Ltd.t dr 30c. Associated Oil 51% % % 36% d 25 d Bristol Brass 198 Preferred B Fisheries—(t) preferred—100 Class Preferred .100 Armstrong Cork t Arnold. Constable.t 7% pref. —(t) d Brass Bridgeport Mach. (t) Briggs Mfg .(t) Brlggs ft Stratton (t) Brill Corp cl. A—t Appalachian Corp— Common ._(t) APW Paper.. Archer-Daniels MIdt Baker 3 Amer Hard Eub.lOO n Am Hardware 26 d Am-Hawaiian 88.10 d 10 Babcock ft Wll—100 107 100 Fork ft Hoe.(t) d Express _ Preferred 59% 127% 4 5% 14 70 50 d (H O) com.t 7% lstoref—100 First 100 (Mass).100 88 Lines stpd..(t) Preferred 100 AUan Lobos OH—t Preferred.. 50 Commercial com v Am Wool Hardware pf—100 Atl Fruit ft Sugar..t d Atl Gulf ft W Ind 20 12% 55 Preferred——100 Botany Cons M. A50 Bowm Bilt Hotels— 100 Preferred 111 3 100 100 Amer Coal 25 d 41 Amer Oolortype.(t) 5 Am 14 47 25 Am Cigar Preferred Alcohol Preferred Associated Preferred .100 Am Chain com—(f) d Plrer (with common Am 10 11* Canadian Am Credit 51 Bond A M Guar. .20 257 Chicago T A Tr.100 100 City SD( Alb,NY) 100 Columbia Title 7 (Washington) —5 d Commonwealth— Casualty Phila.10 d Empire Title&GulOO 75 Fidelity A D (Md) 50 d 1 15 6 t d 12% -100 80 Am Brow* Rover! El See N Y Shipbldg Am Can. ..26 d 59% Preferred -100 123% Amer OyanamidA(t) Class B. 20 d Preferred .100 Am Dept Stores..(t) d TITLE GUARANT EE & SATE DEPOSIT 8T OCKS ... Preferred ■tk 100 Type Found.100 Preferred 100 Am Vitrified Prod .50 Arundel Corp 10 Common Amer 4% X 60 Properties .... d Am Car ft Fdy (t) d Preferred.....100 Am Caramel....100 55 Am Art Metal Constr.10 ..100 American Book 100 Am Brake Sh ft P Amer 2% 1% 6% 50 45 a (t) 4 1st preferred.. 100 2d preferred 100 Trust sub shares.1 5% 9 30 10 a _ . A.(f) d 9 Boston-Herald Traveler Corp Boston Woven Hose ft Rubber com. (t) Artloom Osrp 5 100 40 45 11 Grid_R'TTr(C) la Common Agrio Chem (Delaware) -t d Chem— (Conn) com... $6 cum pref... Amer Airports... (t) d Amer Agric Per share. pref—5 Armour ft Co % 10 25c 3 10 d Borne. Scrymser.. 25 d Am Tobacco com.25 Common B 25 —100 Armour ft Co of Del Preferred 100 11 % 5 7% d d Bohn Aluminum ft 1st Preferred 12 • d Preferred 7 %—100 d Amal Sugar com 1 d .... 10 B org-Warner Corp Cap $6 % conv oref. Anchor P ft Fence(f) 60 Amalg Laundries pf Bohack Borden Co 50 Anchor 63 10% d d Pref cum 7%—100 d Blumentbal (S)— Inc 7% pref...100 Blyn Shoes Inc 10 800th Synthetic Anaconda W ft C 15% 100 6% pref.. Utah Copper Go—10 Utah Metal A Tun 67 60 Alum Goods Mfrs. t d 3% 63 Wringer (1 Pap v t c_ $6 pref y t c_. 49% 6% preferred—100 t d Aluminum Ltd % , 70 d 26 Amer 11% 8% 80 6 d 48 Am Wr ALUs-Chalmers Mfg Common 2 5% 5% 5% 12 % Superior A BostoD 10 Teck-Hughes GM.l Tennessee Corp... Tonopah-Belmons. Tonop&h (Nev).-.l Tonopah Ext Mln.l Trinity Copper .5 2% Corp........—f 7% pref. .100 d 1 d Arn Thread 40* 4% d Bon Ami com A—(D d 5 Am Therm Bottle At 2% Alios A Fisher (t) Allied Chem ft Dye 23 Bohn Refrig pref. 100 Preferred it* 9% d 73% 25% Amer Wind Glass lH So Am Gold A Plat.l South Lake ...25 4% 5% 4% Allegh Steel eom.(t) i8* 60 d 24 American "2% warr.. 3c. 75* 1 Preferred d 21% d 36 Am Sum Tob 49% 3-16 warr.. % lc. 3 100" Alaska Pack. Alexander Ind com.l d $40 1% Asbestos. 1% d Preferred..—100 d Bloomlngdale Bros, t d 100 14% 49 16 34 Am Sugar Refg—100 Preferred 100 1% ,2* 87 2d preferred. 10 d Bloch Bros Tob—25 d t F'drles.(t) 98 <. Without 1 1 (+) —25 Factory Bldg Tr (B)J fifty Associates (B). Hotel Tr (Boston)..1 Kimball Bldg Tr(B)l New Orleans Land 10 New York Investors 4 21% 25 100 Preferred 2% 38% American Stores t American Stove.100 10 2% Air Reduction...(f) d Air-Way Electric Appliance..... (t) 7% preferred--100 A Am Steel it) Wtth Seneca Cop Mln... Shannon 10 Shattuck Denn Silver King Ooal'n.5 4 (t) Preferred..... rnrnwmm 2 Qulncy.. 25 Rand Mines. Ltd— St Joseph Lead 10 St Mary's Mineral- Co.-I Bldg Tr (B)J 22% 30 Am Solv & Ohem__t 8 Rubber (t) Preferred ..100 50c. Pond Greek— Bos 35 Preferred (t) d Class B 1% Am Snuff.. Preferred 3 28 4 Aetna Affiliated Prod— 6% 13 2% (t) d "% com20 12 100.n Warrants Bos R E T (Bos). 100 Bos Stor W'h'se (B) .1 3% 8% AmSmelt ft Refg. (t) Preferred 10C 80 Mfg— I 25c. 25 Gold 114 Amer Ship ft Oom(t) 27 Aeolian-Weber Piano A Plan.-100 » "1-16 Ontario Silver Min Patino Mines ft Utah-Apex 67 10 6% Amer Seating v t c.t Amer Shipbldg— (t) 4% s tigraph Corp—(t) d Advance-Rumeiy (t Aeolian Co pref.. 10( 50c. 10c. Old Dominion Oa.25 Laud 5% 24 61 Adams Mlllls... ft Amer Repub Corp.f Am Rolling Mill..25 6% pref ser B.100 Am Safety Razor (f) American Screw.lO* 1(10 25 15% 4% d idams Express.. 54 Ntpfsslng Mines...5 San Toy 2% 70 17 Radiator Stand Sanit—(t) 7 % cum pref. .100 100 2% 27% 4 13 Park-Utah— Consol Mines t 10 Amer News 6% second pf-100 4%c. Rosario Mln 7% Amer Piano— Amer 7% pf w w New Dominion A..1 New Qulncy New River Os.—lOO Preferred 100 N Y & Honduras Noranda American Meter 38% Balding Hem'way(t) Belgo-Oan Pap pflOO Beilanca Aircraft, (t) Bendlx Aviation, (t) Beneficial Industrial Loan pref Best ft Co Inc—"" Bethlehem Steel 7% cum pref. Bickfords com—(t) $2% cum pref.I Billings ft Spen...— Blrtman Elec Co—5 Preferred (t) Black ft Decker—( t) Preferred 25 Blauner's (t) Blaw-Knox Co—(t) Bliss (E W) Co 1 Preferred 50 59 7% preferred .100 6% preferred.. 100 5 13 Beech-Nut Pack-.20 Vot trust ctfe—(t) Amer Metal Co 1 INDUSTRIAL AND MISCELLANEOUS r 100 Bayuk Cigars—.— t 7% lstpr8f—100 Beatrice Cream. .50 Amer Mach ft Fdy.t Am Mach ft Met (t) % 5% Nevada Com Oop(t) New Cornelia Oop.6 Yukon Casualty (Bait) 10 7% 30 Class A voting 26 20 Machinery 40 2 (t) 6%% pref—100 Barker Bros Preferred Locomotive, t Preferred ...100 UnionGuarAMtglOO USFidelftGu(Md) 10 d Wash Cons Tit pf .50 d Per share. Barnet Leather Amer State Title Mtge—Suffolk Title&Mtge. Title A Inv Md—60 Title Gu Tr(StL) 100 Ask. Bid. Par Barnsdall Corp Amer Laundry 13 5-16 M«sberloaaOo*rn(t) Wenden 15* Nat Title Guar New Amsterdam 5% Foamite Oorp.(t) Preferred .100 8 50c 15% 3% 25 Enterprise ......(t) Nat Surety Co—60 30 Oorp..(t) Amer-La Prance Abbotts jAlderney Moss Gold M OJibway Amer I G Chem A— Am Intern 8 Amer Pneu Serv—26 7% ...6 Mthawk Lawyers Westchester Mtge. A Title. 100 Maryland Oas Co .26 Mtge Bond A Title Stooka. Ask share. 29 Mason Val Mines—6 Mass Cons— 26 Mayflower Old Col 25 Mclncrre Porcupines Miami Copper.—5 Mining Corp of Bid. Par Per share. com ft Stocks. Ask. 95 STOCKS MISCELLANEOUS & ... 7 15% 6 50 1% 68 Can Fdys ft Forg—Class A Class B .(t) 10 .(tv 23% Purchaser also pays accrued dividend, d Price per share, not per cent, k Last sale. I Par value $100. n Nominal, r Oanadiau price s Sale t New stock, u Ex-cash and stock dividend. v Ex-stock dividend. x Ex-dlvldend. y Ex-rights, t Minimum price established on Montreal and Toronto stock and curb exchanges, (t) Without par value. a price, 96 INDUSTRIAL Stocks. Ask. Bid. Par Canadian Gen El 100 Preferred 50 d 56"" 6l"" Can Indus Alch. (t) dr 154 Glass b (t) dr 55c Can Locomotive. 100 50c Preferred 100 5 Can Power A Paper. 154 75c Carlb Syndicate..25 Carnation Go. (t) 54 1754 100 7% pref 100 Case (J I) On 3454 Stpd ctf— 100 49 Preferred ...100 Case Lockwood A Bralnard Go.. 100 Caterpillar Tract, (t) d 1154 Cavanagh-Dobba Inc 1 Common (t) d 054% pref with 8 warrants 100 354 CelaneseGorp (t) Oelotex Go com.(t) 234 Vot trust cti—(t) 7% pref ..100 om (t Celluloid Go com (t) 1st preferred 15 97 pref Central Aguirre Associates 1154 —(t) -"--(I) Central Airport -(t) Central O & O 100 Preferred 100 50c8 50c 454 Centrifugal Pipe—t Century Rib Mills, t 2H Oert'n-Teod Prod—t com. d 95 100 Special pref 100 Chapman Valve. 100 Consol 18' Warrants 12 154 Un St Yd $354 pref_-T d conv Preferred.. ?8 \* 79 3 Preferred 654 15 854 18* 1 5 1054 554 30 1254 2654 (t) 1 454 "§" Clark Ea Co com.(f) Claude Neon Lt 154 154 _ 100 3 Tractor...(t) 1054 9 154 25 6 Preferred (f) d Clevel'd QuarrieslOO 27 3054 Oliffs Corp ~lK 50 9 (t) Ollnchfield Coal.100 2 Preferred 100 n 45 duett. Peabody 1554 t d Preferred 953-4 100 Coca-Cola Co 1 d 10554 Class A (t) d Coca Cola Intern.ft) Colgate-Palmollvp- 50 1654 49 Preferred 72 Mfsr 20 I?** 45 Columbia Bak 75 1-16 9 54 754 105I 154 154 100 754 t Cuban Cane Prod (t) tc n Ctfsdep 54 154 3 34 1 warrants ...100 d WarextJanl5'33 Otmm Solvents Oonde Nast t d Pub.(f) d Oongoleum-Nalrn-. t d Preferred 100 Congress Cigar.._ fd Consol Aircraft d OonBol Car Heat.100 Consi OigarGorp. (t) d HJPMww.iOO 54 % pf ex-warlOO 7% preferred 100 Cons Film Indus..t . cum part . pf._f d Cons Goal ofStL. 100 27 IS 854 _ .20 d 84" Phonofllmi Preferred .100 Derby O & Ref com f 8 A* 3* Det A Clev Nav..50 Devoe A Raynolds 1054 1454 2 30 % 354 1154 1454 2354 45 .....25 Diamond Shoe com 52 654% pref (with ..100 8 14 2054 6954. 20 Preferred 100 Dom I AS pref..100 Domin Rubb pf_100 Dom St Corp pf.100 98 Dominion Steel 65 67 64 Dom Coal pref. .100 Dominion Glass. 100 1954 95 88 18 56 .. Dixon (J) Cruc-_100 11 80 100 2054 56 50 68 354 954 A Coal B 354 2254 P 72 4 10 cum com. 82 254 Dominion Stores, (t) d Donnacona Paper(t) d Douglas Air erf (t) d Douglas Shoe pf.100 20 25 30 3054 Preferred Dow Drug t d 100 99 15 1154 100 5 (t) d ' d 21 25 d 11 Driver Harris Co 100 d Preferred 100 Drug, Inc (f) d 6 1154 854 354 57 65 5054 51 Dry-Ice Holding d DunhiU d 1 DuplanSilk t d 8% cum pref.. 100 90 Inbernat.(t) 30 1034 20 3154 Id 117 Preferred 1854 Goodyear " 354 50 60 29 .... 4 5 1254 1154 5054 55 23 254 2454 2054 21 2 554 554 54 454 16 1554 5454 d (f d 1454 5054 r 85 oi pref... A.i d d com d Mfg com(t Gotham 105 4 15 Gorham Inc or ham 254 1654 85 d Goodyear T A R <>i Canada pref__10( „ "6" 2% 16 (t com., California "5% A 87 1st pref Goodyear T A R 2 d 10( Tire Rubber 30 d GoldmanSachsTrad1 Gold Dust Corp v t c86 cum conv pfd.' Goodrich (B F) 1 16" 154 854 11 13 11 Silk— 44 d 954 61 1 954 6754 d "I"" "154 \d 354 354 Gould 1534 Coupler A_. Graham-Paige Mot d 3054 ... 24 1 2 12 10154 • 28 Stores 154 754 2754 .... (Bait) com A_.(f) % 354 2 1154 vot 1354 554 7 18 2534 1 5 2554 154 ) ) _ )d (t) com Non vot f 1 com :om Preferred 75 d 94 654 13 66 47 10 d Pap...21 >d 20 54 Preferred Rubber com._t d 1st preferred-.100 1 st pref conv pflOO IIII 16 "34 d (t )d Gruen Watch 9°m 10( ? Guantanamo Bug..' Preferred 10( ) ^alf Oil Corp °> ) d d Gulf States St'l— 1st 6 80 78 7 1 14 10( ) Grlgsby-Grunow..(t 100 24 554 Preferred d 13 12 West Sug.(t d Preferred 10( Grnfld Tap A Die..'1" Great Nor 10 117 5754 ) Great d • 11554 ) 93 10 147' d 140 ) 100 8 1234 preferred._1'0 154 1 .... "54 "54 334 28 654 2854 — 7 30 d Ford Mot of Can 100 Class A... f d Class B t . 854 80 (t 454 8 9 Fostaria GlaUs 10< Foundation Co „t d Foundation Co(Oan) dr . Preferred 100 Franklin RySup.(f) d Fraser Cos com.. t dr t d Fuel Oil Motors Fuller (G A) Co— d 1554 Hall "134 "3" 1034 2 1054 S)" (W 5 d d 554 86 pref 1154 W Hammer mill 854 65 95 "354 "354 354 54 154 '354 2 3 8 6 10 20 1() Stores class A 90 70 . d Common..—... J\ Preferred 10() Class d d 1 >d B 68 66 d Harbauer Co Harb-Walk Ref 54 5 5 58 234 154 J* 7 10 65 4 154 Hart. Schaffner A 1734 2 1754 Marx Haskellte Mfg com...d 3 12 16 d 23 28 30 154 25 id 30 15 43 10C) . A* d 33 834 d id .... 5 d 16" 85 Hayes Body 30 3054 1354 5 86 ) d 35 41 5 d 14 454 d Preferred Hawaiian Com d Gen Asph com (t) d Gen Aviation 1st pr_ Gen Baking (new).. 25 d cum Hartman Corp cl A" 80 d -- Hanna d d - 70 pref__10() (M A) 1st 87 cum.pref (t Happiness Candy 6% 854 - 22 6 101) Paper common New pref Partic pref (t) d 2d preferred t Gabriel Co. clA. t d Gamewell Co (f) d Preferred (j) Gardner Denver c(t) Preferred 100 Gardner Motors..25 Gen Am Tank Oar.t 554 d d (t pref 1554 ) 15 95 454 a d 154 ) d 54 Preferred Ford Co Ltd— Guar Tr rets 154 ) d Florsheim Shoe comt d 6% pref 100 Follanobee Bros.(t) d Food Mach'y (f) d conv 1234 \ d 22 55 87 8 31 d 8 1354 4554 8% pref (M H). 254 29 Preferred Gt Atl A Pac 4 3 d, 0% 1st pref ..100 First Nat Stores. _(t) d First pref 100 Fish in an 254 754 d ..(•• Gray A Dudley. 28 (f) Preferred 83 pref Grat A KnightPreferred .. Finance Co of Amer Common B d d Grand Union Oo.(- ■f 154 854 154 154 14 23 1354 1354 a Purchaser also pays accrued dividend, d Price per share, not per cent, k Last sal p. n Nominal, r Canadian price, s Sale price. 1 New stock, Ex-cash and stock dividend, v Ex-stock dividend, x Ex-dividend, y Ex-rights, z "Minimum price established on Montreal and Toronto stock and _ u 1 54 1 90 23 100 Mot Tr t Fed Screw Wka__(t) Freeport Tex Co 1154 54 H d Fox Film cl A t r Fox Theatres A comt d Franklin (H H) Mrgt d 1454 22 89 43 100 Foster Wheeler 106 2 d 1 1054 7 54 5 4 t d Ford Motor France 27 25 dr 354 154 1554 pref..100 it* Dow Ohem com 254 d ..100 30 8 1354 15 48 FIsk (non-vot)f Dresser (S R) A Class B 354 2954 FirestoneT A Rub. 10 d 38 1054 1354 2254 Preferred Co Preferred 10( ^obel (AdolO Oo..h — tu Federated Dept Sts t d Federated Metals._t d 100 100 \d prior pref_10( Globe-Wernicke -10( 100 Preferred 105 Preferred t Detroit Aircraft.(t) d 100id 7% 254 8% non-vot. pf.100 Ctfs of dep. .100 Fairbanks Morse..t Federal 54 15 87 preferred (t) Dominion Bdge.100 8 Glldden 254 d Piat Am dep rets 5th Ave Bus Sec. ..t d FiJene's Sons (t) a 34* o-rf 83 pref with war J Preferred 100 d Federal Aviation FedBakShopaconU D d 68 954 1354 (t) Preferred, 1 Glen Alden 25 6 54% cum pref 100 A Ref 7% pf—100 d Deere & Co com (t) d wax. (T) d i ......,, pref Gimbel Bros. 54 85 100 - Faultless Rubb Deep Rock Oil 9 20 10?K a d lllette B... r 54 754 Ctfs of deposit. 7% ..100 3354 99 754 154 45 __ Gilchrist 85 10 d Fashion Park Asoo.t d 254 Decker (A) & Oohn Common A t d 8 54 1734 18 67 9 954 T Players OauOorp com-.(t) d d Voting tr ctfs Fanny Farmer Candy Shops pref. ....t d 154 d 3234 54 754 Preferred Fairbanks Co Pajardo Sugar 84 Doehler Die-Cast (t) 7% pref .50 9454 t 10 Famous "l 54 Debenhams Sec— Amer shares 754 654 .... com \d Eureka Vac Clean, t d 5 d 13 4 d d Evans Prod 90 1234 dx 1734 dx 60 Gen Theat Eqvt 354 2954 13 46 2354 d 19 iF 56 " 23 (t) d 86 preferred 354 654 80 \d General Refrac t Gen Steel Cast com t d '1 Stk Yd ife- 1454 49 54 2 100 d 103 Equit Office Bldg(t) d 18 Preferred 100 2l" Eureka Pipe L..100 d 354 34 454 Oo&,vaICIA-wi Ink—(t 86 preferred 354 634 12 9854 d Fay A Egan DiGiorgio Fr't units 4 54 d d (f) a Class B (f) Emp Oapw Oorp_(t) d $ (f) Dayton Airpl Eng(f) d warrants) 3554 9054 2054 84 1 Emerson's Bromo Seltzer class A 654 D H Holmes Ltd. 100 Davison Ohem ...t Preferred d Credit (N O) pf.25 d Oomm'l Invest Tr.t d 7% 1st pref...ioo Conv pref °pt ser f d 054% 1st pref with 154 14 54 24 Fairchlld A via A Dictaphone com.(t) 8% Drefcl B ..25d 0H% cum pref 100 105 27 88 cum pref t d Cutler Hammer..(t) 10 8754 2054 8254 86 pfwith warr.(T 2d preferred-.100 Emers BrantclA.(t) d 1-16 8 d Columbia Pic com.t d Common v t c._.t d Oolum Carbonvtc(f) d Commercial Credit, t d 7% cum 1st pf 25 d 45 Preferred prof..(t) d Inc 1st pref 1 60 d Preferred Ely Walker D G..25 d 1st preferred__100 4 Oushman's Sons Class A Columbia Graphoph shares 454 t Warrants 10 n t d if* Pack....50 cum 35" —_ en 11 d ) 1554 "54 11 3354 Advertising A 854 2654 1954 3334 Com vtc —II 1954 1054 654 Outdoor— Gen'l Print "654 GQ oO (t) d 6% pref 79 13 3454 jjjj* d Gorp_(tj pref._] Motors General 254 254 454 85 cum General 81 Elgin N Watch.—26 d Elk H Coal Corp_-t d t com.., 60 com. n 1st preferred d Elec Stor Batt Dominican Diamond Match, (f) 2d pref d Exch Buff Corp Fair (The) Chic 10 Bug 33 26 d _ 9 d 2254 100 Denv Un Stk Vds.( t) d _ 2354 12 100 100 9054 754 Elfclngon Schild ..(t) 6H% 1st pref. 100 Electric Auto-lite (t) d Preferred 100 Class B ilg (t) (t) Pref B v 6% 354 854 98 .10^ Gen Laund Mach. Mills Preferred (t) Preferred A 106' t d Preferred lOu Eaton Axle A SpiJsf d Econ Groc Stores.(t) d Endlcott- J ohnsoa. 50 d Crucible Steel 7% partic pref Eastman Kodak Boat....(f) Elec Oont & Mfg._t d 4 d Id d General 35 Electric pref . l(J(j Non Orown-ZeUerbach 29 Fuel A Iron.100 iqo Colt's Patent Fire 92 Crown-Willam Paper 1st preferred t d 88 Preferred 0 154 1354 2154 28 Oolom bla Syndicate. Colonial Beacon Oil t d Color Pictures n ® 100 100 7 % preferred. De Forest iJo (79.) Eastern S3 Lines..5 d 1st pref 100 2 42" (f) Referred Atner m i«»o £eet Arm- 48 5 d Collins A Alkmsn (t) d 5 7 % preferred-.100 1054 OurtlssWrightCorp t Conv A (f) d Oleve Oliffs iron- v t c_ t d Edison Bros Sts. (t) d Preferred 100 Eisemann Magneto. d 202% (t) 87 preferred Ourtis-Reld com 70 H) Clev A Buff Tr Oleve 27 65 Olty & Sub Homes Collins t t Curtiss F'y'g Serv (f) Curtis Pub com-.(t) ~ Glass A East Roll Mill 5 Grown Cork Int A (f) Grown O'k A Seal (t) Preferred (f) 13" Oudahy City Ice A Fuel City Stores 1 Indus Am shs (t) d (Cleveland) 9 11 Oumberl Pipe L 50 Curtiss Arrop Expt t 054% cum pf..l00 City investing.. 100 3 4054 12954 54 , Elec A Musical— (t) d Cin Un Stk Yds. 10 3554 1 Special 6% stk.] Fireprooflng.. 454 d Equities 10 Preferred Sugar Preferred Gen Foods 53 Crosse& Blackwell Cuban Tob Preferred 1( General Electric. ( 18 d 44 d (f 7% pref...—.100 5 6 d ""54" H ""54 100 Orock-Wheeler «.(t) Orosley Radio (f) Cuban Class A 154 25 d 25 Preferred Cuba Co 1054 254 254 454 1234 Gen 100 Oream of Wheat Creole Petrol Crex Carpet Ouban-Am d 90 Eastern Mfg Prior pref I* 354 97 d B com war. .100 Durham Hosiery.50 d Preferred 100 25 J d Cable— (t Gen Cigar common Eastern 154 554 54 Gen Bak Co pref...• Gen'l Bronx • General 5054 Durham Duplex Raz Prior pref with cl Eagle Lock Ask. Bid. Par. Per share. 100 % 354 54 254 Juba Cane Sugar. _t d 10 (Can.) dr Eagle-Plcher Lead 20 d 5 t com Preferred 2nd Durant Mot. 5054 99 15 100 ' Pref A 20 Chrysler Corp_._(t) d OinTob Wareh..100 Pref Preferred Cosg-Meeh Coal Coty Inc ~ "54 4 t d Vot tr ctfs OhrlstieBrownAOo.t d 100 ^ Oosden Oil Preferred 100 4054 3554 OroweilPublish'g (t) 100 Chic Yellow Oab„t d Ohllds Go com i t 1 d 54 a Corn Prod Refg..25 d 4054 Preferred 100 126 T 9 d 1254 94 Chic Ry Equip 2b d Preferred 25 d Chic Wllm A Frank Goal com 100 d Oont'l Shares (vot) t Cont Wd Screw com 10 d Preferred 10 d 3 25 84 "554 54 4J4 Continental Mot._t d Oont'l Oil (Del) (t) d Oent'l Oil (Me) v t c 153 (t) d d 21 80 100 .. 1-16 2 Pf(S%)(non-v) 100 454 354 154 1454 2 Btpd.100 ; d Continental Can __f d Oont Diam'd Fibre.} d 10 20 d stock.. 100 10 1254 d Container Corp A.20 Class B t Oont Bkg A (vot) (t) Class B (vot) (t) 80 8 54 prior pref. 100 7% 1st pref...100 60 400 54 54 54 6% 35 954 154 50 100 Co com 5 d onsumers 12" "6" t d Preferred 105 Chestnut & Smith Preferred n Chlckasha Got 0.10 d Chic June Ryu A Preferred Chic Pneu Tool Textile Cons Coal of MdLlOO 80 d Chssebr'gb Mfg. .25 d 954 154 *»«•*»•» Stocks. share. de N A Co com Durant Motors., (t) d 100 Ask. Ter Deben d war Bid. Par. DuPont (E I) 60 d 8% pf with Stocks* Ask. share. .... d 70 Checker Gab Mfg (t) Per (Pittsb).50 d Preferred 1 "9" Preferred 100, Chase B&Cop pf 100 Bid. Per Cons Ice Champion Coated Paper 100 Preferred Par. , Consol Dry Goods, t d Preferred 100 1954 154 7% preferred..100 Cessna Aircraft _ Crane Co 100 Preferred Stocks. . Per share. STOCKS MISCELLANEOUS & curb exchanges, t Without par value. , r : r i Stock*. Par. Bid. Stocks. Ask. . (a W) Oo 72 Common......25 125 Preferred 100 Hercules Motors, (t) d 7* Hercules Powd (f) d 26 * Per Preferred 14 22 Kelvinator 75 * 76 Convertible pref t d Prior preferred 100 37 95 Kelly-Springf Tire (t) d 6% cum pref..l00 8% 2d pref 100 Kelsey Hayes Wh'l(t) d 78 X 78 Kendall CoS6 8* d 26% 33 Preferred 100 Klnner Airplane A M d Kinney (G R) Inc..t * 7* 10% 3 115 2% 3 56 X 18' 5b 18 A Coke i 3 s* Howe Scale com Preferred 100 Hudson Mot Oar t d 6 17 22 9* 42* Humble Oil A R..25 d Hupp Motor 10 $ Hutch Sug Pltn._25 d Huylera Inc t d i* 4* 4% 5* 1 33 50 Ideal Cement.... (t) d Illinois Brick.. 25 d 111 Pac Coast.. 19" 4* 3 13* Ltd ft) d V* 22 5* 6 22 8* 8% Registered shares. d Imperial l'obaoca 5 dr (SH)AOo (t) 8% 8X 7% Indiana Pipe Line 50 Indian Motocycle t _ 7% pref erred-.100 1st pref 2 6 7 *1* 29* 30* 31 32 Preferred ...luu Steel Iotercont Rub Interlake Iron Interlake f d (f) d Steamsh(f) 31 20* % 3* d 22 Int Agr Cor com f d Prior pref 100 Int Business Mach.t d Inter Button Hole 1 Preferred. t 5* 99* Int t d 28 9 10 3% 11 rd 13 X Harvester (t) d Partic pref 35 Int Merch Mar., (t) Int Nickel (Canada )f 7% cum pref.. 100 10c. 2* 24 * 105 ) Preferred. Id d d Pref without warr. ■' 2% 21 ■ 7 4 X 3 53 5 d 53% ) 111% d 16% d 13% 5 B Locom 3 d 8 82 50 6% Preferred Lig A Myers Tob. 7% 3 d n % 5X 54X 54 112* 17 15* 12 2% 16 rd u - - - 3 ^3 16* \d 27* 69 d 63 .... 7% 92 1 1st pref. InterPaper? % pf 100 8 Int Pap & Pow A ( Class B ( Class O ( d 2 2% 3 2 d 1 1 1* 1 5 d 30 110 X 8* 9% m , Preferred 100 Int Petrol (f) Int Ptg Ink com f Preferred (with com war) Internal Salt 100 f Preferred 25* d 100 102 100 Preferred 100 IntTextBook newlOO Interstate Depc Sts.t d Pref with warr 100 d w. ) 2d preferred. Warrants 5 84 8 W 4* 3% 5X 4 ^Warrants... d Je wel Tea Johns-Manv (t) d Inc_(t) d Preferred 100 Johnson Dry Dks & WA 97 85 Shipbldg pref. 100 Steel 7% pref. 100 Jordan Motor Car.f d KOStk Yds Me.100 Preferred 100 50 78 IX »d 3 6 < Mack Trucks Inc ( d 22 27 )d 13 X 15 7% preferred. .100 Keith (Geo E) Go— 1st preferred—100 80 mm «• *• mm 51X Manati ft D 10 ) Sugar Preferred. d A* d d Com fc c. d Preferred. 2d prefen dr 6% 6* 30 1 5 3-16 — 5 10 _ 6" 4% 12 .... f 10H 40 Corp v t c 2X preferred—.— 2nd preferred 2X t d (t) 100 Okonite pref ..100 Oliver Farm Equip, t 6% pr pf w warr.f $3 conv partic—t Olympia Tbea pref— Omnibus Oorp v t c.t Preferred A...ino Ontario Steel Prod (t) t d 25 d 8 58 31X 8X 1% 10 Moto Meter 43 .100 . GAE.f d Products t d Mot Wheel Oorp.(t d 10 d (t> d f+> d pref conv Municipal Service(t) d O) (G 8% cum pref..100 Murray Corp.—_(t> Murray Ohio Mfg.! Myers (FE) A Bro(t) Nash Motors—.(t) Nat Acme Co 10 Nat Air TransportNat Aviation <t) n d d d d d 2X 9 3% 14% 25 80 6% 3 % 16X 16X 2% 1 Bellas-Hess.ft) d 100 10 d Preferred 100 Nat Breweries 40 % 2% 40% 125X d d 10 1% Parker Wylie Preferred Park A Tilford Inc.T d Parmelee Trans, (t) d 44 92 Paths Exch Ino—(t) % Pref class A— (t) Peck. Stow A WHc26 d preferred..100 Nat Family Sts Inc (t) Cum pf $2 w Warrants National Lead Peerless Cement 18% 7% pref 19 IX 2H 1 t d 100 Pender(D)Groc'y AT d Class 6% pref B .jtjj . .100 d B t 2 12 82 115^ 100 Purchaser also pays accrued div. d Price par share, not per cent, k Last sale, n Nominal, r Canadian price, and stock dividend, v Ex-stock dividend, w Ex-100% stock dividend, x Ex-divid3nd. y Ex-right3. z Minimum X 3X 22 Peerless Mot Car.50 d w.25 100 7% pref A Stock and Curb Exchanges, 18 Nat Fire-Proofing 50 d Preferred 60 d Nat Fuel Gas a — 8% 1 19* 1* 1 d Mfg— 23% 1st 18 -(t) d Corp Parke. Davis Oo A.W Nat Cash Reg 25 10* — Nat Dairy Prod—t Nat Dept Stores—t Nat Dial Prod—.(t) Nat Enam ASfcpg. (t) 15 Cos 5 4% Paramount-Publix Candy Nat Casket com.(t) d Preferred $7—(T) 1 _ Paraffine 8 (t) d 100 preferred..100 92 preferred..100 Nat Carbon pref. 100 115 Nat 2% d Transp com 50 d Com Class B—50 d Panhandle P A R..t Preferred 100 t 100 Preferred 19 Pacific West Oil. ("h d Packard Motor—10 d Pairpoint Oorp. .100 Pan Amer Indus .(t) d Pan Am Petrol A 2 Preferred IX 3X ... 56 X 2d preferred-.100 Portl Cement. d Preferred— d Pac 5 d d d Oppenhelm Collins. f d 7 Orpheum Circuit.. 1 d 8% preferred—100 d 10% Otis Elevator—. (t) d 19 Preferred...—100 d 103X Otis Steel ——t d 3% prior pref (vot). 100 11 % Outlet Oo com—(t) d 40% Preferred 100 104% Owens-Ills Glass .25 d 21% Oxford Paper pfd 6% Pacific Coast Oo.lOO d lBt preferred..100 IX 20 Baking, (f) d Preferred 100 National 65 65 d 100 Preferred X 20X 5% Co (t> d common ~5% Oil Preferred.. Morse Twist Drill A Machinery 3X 100 Preferred Ohio .♦ d A 65 Ohio Seamlesa Tube! Ward Common 75 1st 21X A 11 9 Ohio Leather 30 1st Marlln-Rockweil 40 40 30 1% 5% d r 54 Ohio Brass pref.. 100 Class B 1 .. ... 100 Preferred . Nat Biscuit 3 dr X 15 d 1 18% I Ogilvie F1 Mills—(t) d Rubb-.(t) d Oo common 100 Nye Incinerator 9 Preferred. -100 Monsanto Ch Wks. t d Nat 2 id v 20 A 100 17 19 A Units i Voehringer com(t d 2% . Rubber ...—-.10 d 2d 78 "8" Mock Judson 1 % X d Mandel Bros Ino.d Manhattan Shlrt.2 5 d Norwalk Tire IX Preferred (t) d Regulator 3% 1% 7% 1 6X 10 ) Manning Bowman A Co class A—(1 Class B (1 53" "2X 10 5 Pref 6X% 100 Mlnneap-Honeywell 20 d 76* 5X Sous (t) d Murphy 72X 7X A Munalngwear lnc._r d 72 Karl-Keen Mfg Karstadt (Rudolph) Inc Amer shares- d Kaufman Dep St Com ....12.50 d Kaufman (O A) .100 Kayaer (Jul) A Go-t d Keith-Albee Orph(t) d 79 (I) 4* 24* Manlschewitz (B) d d 25 Preferred 10 ) 118 Johnson Tin Foil A Metal...... 100 Jones A La ugh!in (t) d Drug common 18 d 18* Miles Det Theatre.. Miller Wholesale 60 ) d Malllson (H R) Preferred 32 _ 4% 14H ( Macfadden Pub Preferred ... 30 100 t 13 td £ First pref 1* 14 0 i d Jessup & Moore Pap. .. 54 t d Fraschlnl— Amer dop rets.. . d 57* 55<« 1% 7X Y Transit (t) d 7% Nor A WStboat.100 140 Mo Amer Aviation., d 3X North German Lloyd Amer shares d 7 North A Judd 25 9 Northern Pipe L..50 d 31 N'west Eng com_(-H d 5 N'West Yeast—.100 94 8% 41X t com d Ludlum §8 40* , 45 X 10 d 7% pref N Midland Steel $7 3X (t) d 100 d Founder Shares Niles-Bem't-P'd First pref 6 20 8 Brown Boveri Ei). d 60 100 N Y Transports, in Nicholson File., (t) Products 10 10 (formerly 11c Mldvale Oo % 6% 1X 65 pref 7%. 100 Shipbuilding Amer First N Y 5X Mullins Mfg 83 d 100 100 d Preferred 100 N Y Merchancom(t) d Mount'n A Gulf Oil 1 d ) 100 pref... N Y Dock 10 d Mountain Prod 14 ) 15* 55 First Second pref 14* id 1 d 1 d N Y Investors Inc(t) d Pet...(t) d Sugar 27 pref— Land N Y Air Brake 5 25 Mexico A Arisons 20% X IX 30 100 25 d N J Worsted 16) d Michigan % 98 100 N J Zinc d 94 J n Products pf 100 d Mid-Oont 6 Departure New B 3 .... New Hav Ol com.25 d 14) 95 ) n 2d 100 2% New Bradford 011..5 d 6%% pref Preferred.. Class 10 d com n» Mfg pref 100 New Engl Grain 51 Motor 145" ) n J Qt Isotta 116* ) 34 43 100 Intertype Corp t d Irving Air Chute- (t) d 34 IVi 37 inter Silver Pf without 5X 9X 9% 20 t d internal Saoe. 10* age 54 Morrell(John) A Cot d Morrls(Phll.)AOo 10 d Morris (Philip) Cons B 86 8 Metrop Dairy Prod. Metropol 5 VU OUC to 50c Class d id 3 Newport Indust—1 d t d New Bedford Cord¬ 80 33 Montgomery $6 X cum pref Warrants. 65 Met Chain Stores!t] New pf ser *28.100 Mohawk 12" 7 27 21 t Preferred - d f d 14" 13 _ (J Newton Steel Co— d $6.50 cum pref.. Mo Portl Cement.26 d /f .1( Lockheed Aircraft... Brothers 2* 42 20 _ Mlnneap-Mollne Power lmplem.. 10 d 70 2* New Transportation (f) Merck & Oo pref. 100 Merg Linotype. (t) Miller (t) d 7%.100 J) Oo Common. (t) d Preferred 7% .100 15* 60 t 12k 9 d 20X 3% 8* Prior pref 10 d d d d 75 ~3X Bros Preferred Preferred t d A -r12X Mfrs Sec— Preferred 100 Mich Steel Tube.(t) d 7 39 )d . 2% l 15* (t) com 7% common...—100 Nedlck's Inc com(t) d Newberry Mercantile Stores(t) d Preferred 100 Stores 7 23 100 Namfcssod 48" 8 m <m — m f 2% Corp Hat Oo—150 d Preferred Neitiner 22 i Mex Seaboard Oil—t Mexican Petrol—100 d 20X 6% d 19 Mead Johnson A Co! 2% 9% 5 37 X \d Fink Pr Larner Stores 105* 20% 50 d McLellan Sts com(t) d Preference A Merch A 20% Natomas Oo of Oal t Preferred 100 Metro-GoldPIct pf 27 d Mex Eagle Oil 6 d 2 ) 2*5* 47 McKesson A Robb— Metrop Pav Brick.t d 16 6 70 ) d Lilt McKeesport T PI (f> 5 2 9% d Lima Nat Tea com——t d 65 d 4% d Preferred 100 Internat'l Match— 33 3% Cement Lee Rub A Tire 10 Int Educational— Int 23" 64 ) d 1 60 d AM 50 17 id Common 59 7 Common 30 Int Combust Eng..t d Preferred. —(t) d Pref ctfs of dep d Publishing com.50 d d it* Preferred IX Lawrence Portland 100X 20 Preferred 31 Lehn A cmclB.f Shoe 7% 2 ---- (t) d Pf(7%)(non-v) 100 Mesta Mach 5s 35 8%-100 McGraw-Hill Pub.t Mesabi iron. 5X Preferred ____ Refg..(jj d 20 Common d 1 4X 24X IX 16 Mach 15 d d 26 d Preferred 100 Nat Shirt Sh com(t) d Nat Ref com Nat Sugar Nat Supply Merrirn ac 100 Lambert Co. 21" Sew Machine 10 d Int. Carriers Ltd (t) d Int Cement Corp_.r d Cigar 32 13 58 Nat Steel Merchants A Miners 27 X 100 33 100 (t) 8 100 Inv pf-10 d Nat Mtg A Nat Paper A Type.. Nat Radiator com(t) Preferred (+) 35 7X 18 8% Com A Lakey Fdy & Mach t ¥ Ingaraoli-iu nd Inland 13X ..— Milling AM 7% cum pref.. 100 Industrial Rayon (f) d d 10* Lago Oil A Trans.(f) d Lake 8up Corp. .100 d d Ctfs. of dep Lake of the Woods u 100 ..(f) 13X (t) d 50 d 3% 17 i Indian Ref com...10 d Indus Accep Oorp.t 34X 9% Landers. Frary A 2% 3 1st pf 6% 100 Mengel Oo (t) d 7% cum pref..100 100 8 of Gt. Brit A Irel'd d Maytag Oo t 1st $0 pref (t> $3 con cm pf— (t) McOall Corp (t) McOrory Sts (vot).t 16* 110 37 7% Preferred. 18 Melville —_ Imperial Tobacco Brew's 60 d Preferred 50 d Indep Pneum Tool. 1 d India Tire A Rub_(t) d d 6 d . Indepen 16% 103 ctfs 20 kronen.... d Kupp'h'mer (B) Lackawanna Sec 110 common 10 d 100 Laclede Steel.. 1 100 Stores Oo com..25 35% 6% pref 10 Kroger Grocery A Baking common t d Krueger A Toll Amer 2 7% preferred. 100 Hydraulic Pr Br. 100 Preferred 100 4% Oo— Preferred Alkali.fio May (The) Dept Common 1-16 28 Preferred ,1 6% preferred ..100 2 National Leather. 10 d Nat Licorice com 100 rl 55 100 100 Kresge (8 8) Com (vot) Kress 3 7 40 Kresge Dept Stores t d Preferred Household Fin pf150 d Houston Oil (Tex) 25 d 13K 1 2 com(t) d Cum pref 7%. 100 100 105"" 2 1H Kobacker Sts ,27* Koppers Gas Preferred 25* Preferred Mathl'son Non vot 1.35 75c 100 Hat com.. W d Knox 10 Horn A Hard't (Phils) Houdaille- Hersh ey d Class 18 Preferred 8 11 t d com 28 King Royalty .... d 15 t d Common 5 10% Martin-Parry Oor.T Massey-Harris (+1 Maxweld Corp.. (t) Preferred JsH Kent Garage— Investing pref— d 64 'I* Preferred 100 Horn A Hardart(NY) of Canada pfd(f) 30 .. Holland Furnace_.t d Preferred Imperial Oil 8% 3 HibernlaSecur pf 100 Hoe (R) & Cod A_t d New 2% d 60 Holly Sug Oo w 14 Oorp.(f) Kimberly-OlarkOorp Heywood-Wakefleld Oo 100 Hollander(A)ASon(t) 4 IX 32 Per share. share. MarshallFieldA Oo.t 40 100 92 100 d Herr-Hall-Marv Hershey Chocolate t d 1st preferred... 2d preferred Preferred Bid. Par. Stocks. Ask. Bid. Par Share. IX Kellogg Switch A S10 74 129 X Stocks. Ask. Bid. Par. Per share. Helme 97 STOCKS MISCELLANEOUS & INDUSTRIAL s Sale price, t New stock, u Ex-casl price established on Montreal and Toront f Without par value. INDUSTRIAL 98 Per Penney 27% Oo C) (J Common 8 lock wood 27 % 0% cumcl A pflOO Penn Goal A Coke 5u Pa-Dixie Cement. _ 10 _ 3% lh 5% t Series A pref—100 75 36 24 % 60 2% Oo Preferred 3% & 23% 10% 3 Petrol Derivatives. 2 with warrants..— 3% 8 t 6 100 Pierce-Arrow Mot ...100 40 42 - Pierce Oil Oorp Preferr ed t 4% 100 Pierce Petrol _ % .% 26 ..... 7 f d Plttsb Brewing.l.60 d Preferred 60 d Pitts Ooal (Pa)..100 d Preferred 100 A Plttsb Oil A Gas...6 CL Plttsb PI Glass—25 d Pitts Screw & Boli(t) d com 100 (|) Plimpton Mfg OolOO Plymouth Cord. 100 Poole Eng & Mach A n* pref. 100 5 6% 7 19% 2%. r r 3 Proc A Gamble., (t) d 8 % Preferred—10( 30 21% % 49% 57 60 12% 6% preferred.. 101 8% preferred..10C Purity Bakeries., (t) 86 cum pref..-(f) Pyrene Mfg if Quaker Oats (f; Preferred 10/ "4% 48 Punt* Alegre 8us.6/ Otfs of deposit. 60 Pure Oil Oo 26 d 21% % "4% d 13 3% 14 12 1 8 2% ioc iofi ioc 3 It (t) Republic Steel... (t Preferred. ....100 Revere Oop A Br._t AU _ Glass A Rio Grande OiL.(P d Ritter Dental Mfg.f d a 100 81 117 » 5 Singer Mfg 100 Singer Mfg Ltd £1 Skelly Oil 2f 6% cum pref—100 Sky Specialties 12% 2 8% 12% .10C Typewrr Smith com. d 2 d 8% 5 68 38% Southern Air Transp South Dairies A t I 1% 3% 2% 30 101 1 9% 4% 17% 80% Dnlvers Pic 1st pflOO Univ Pipe A Rad—t 44 17 1% 12% !§* 18 II 11% 2% 2 23 30 4 26% - - 33* 35* "2% 14* 12 t d 23 3 34 35 7% prior pref. 100 0% part pref. .100 4 4 Va Iron O A O—100 10 60 30 9 89% 3% 8% Wagner Elec 19 21 4 20 30% 3% 2% 3% 4 15c. 2I% 80 "6" 37 6% 42 2 2% 1% IOC Kellogg.(t) d 10 Class United of Am 12 49 7% Bosch.(f) 9% 3% d (t d 0 pref-101 com conv 69 17 9 8% d n" "9% (t d t d Walgreen Oo com (t) 15% 10% Class B Waldorf System 2% 15% 2 12 d 70 t d Waltham Watch B (t) d Prior pref 100 Corp Preferred 100 3 5 20 10 50 16 (t) d Preferred r 2% 2 36 40 % d ,-t d Preferred 10c 10 Warren Bros 11% 10% 11% 10% 3% 14% 3 1 1 1H HO 16" (t) d Co CL it* 8 1% 4% ---- (t) d — 12% 16 17% 15 19 J Oll—io CL Webster Elsenlohr 26 d 14% 43 6 1% 4% A (t) Warren Fdy A Pip*4 d Washburn Wire (t) d Washington mmmm ^ d 1st pref new Conv pref 1% "1% $7 preferred ..100 21 Welch Grape Juice (t) d Preferred 100 93 97 13% 48% 4% 50 - - Wesson 011A Snow 22 23% 89 95 drift 14 v t c conv d (t t d pref 3 4 30 9% West Auto 14 12 Supply Common A (t) 10 9% andstoc^ accrued div. d Without par value, k Last sale, n Nominal, r Canadian price, s Sale price, t New stock, u Ex-cash w Ex-100% stock di vidend. x Ex-dividend. V Ex-rights, z Minimum price established on Montreal and Toronto t Price per share, not per cent. Ex-stock di vldend. 1% Pict— Bros Common Warner-Qulnlan y 100 United Carbon vtc t d 2% 10 9 (t) d Western Air Express d t d "2" 100 Com Class B Warner 4% —100 Os Ward Baking OorpOom Class A 1 d 3% 9% 29% 8 United Business Preferred 21 100 Preferred 29% Biscuit— 90 3§* 18 125 d A Unit Aire A Trans, t Pref with warr.50 d Unit Amer 16% 2% (t) d Un OU Associates.25 d 95 35 15 d 6%% cum pf .100 2% 100 (Jn St Yds So OmlOO Union Tank Oar. (t) d Union Tob com..(t) d Publishers... 3 Common (t) d 100 % 90 37% 3% 5% Preferred 100 20% Vulcan DetlnnlnglOO 66 Preferred 100 Wabasso Cotton, (t dr 10 18% Warner Aircraft, Union Oarb A Garb t d Union Cigar.. Union OU of Oallf.25 d m 5-16 1 Common Walworth 9% 9% 6% 1st preferred..100 Petrol.. Va-Oaro Oh em— 6e. UnexceUed Mfg Un BAP Corp.. 33% Venezuelan 3% 26% 1% Tubize Chat pref B. n Dlen A Co common. d « 1 2 Walker Dishwasher Furnace pref..100 Truscon Steel in d 19 1% 25 Raalte Co..—t 24 \ Products..(t) TTuax-Traer Ooal(f) Trumbull-Cliffs 1] Van 8% 30 Trlco 65 12% Milk Oo 7% cum pref.. 100 Camp Pkg—(t Waltt A Bond Ino A (t Trent Process 2 1 15 Oorp—t Warrants Fisher 17 100 Preferred Vanadium Preferred 16% 17 ly< 18 Oorp. d Preferred % (t) 7% preferred-.100 Galley Mould A Iron common (t) Van 15 Shipyards t Torrington Oo (t) Trans Air Transp.. t 60 5 20c Common Van Camp - 2 Dividend ctfs O.. Tob Prod Expts t 59% 4* .100 Preferred Utah-Idaho 8ugar.6 Vadsco Sales Cbrp 4 Todd 53 118 100 Preferred 15" 60% 1 6 Tobacco Prod., .(t) Class A (t) 50 lstpref 7%—100 d U 8 Tobacco 37% 99% Univ Leaf Tob— (t) Preferred 100 18% Forging J d 15% 37% 3% Transue A Williams 3* U 8 Stamping—100 U 8 Steel Corp.. 100 Preferred....—100 U 8 Stores com A (t) 22% 10( Transamerica Southern States Oil. Pref Preferred , 6( d Preferred 28 d d d d 7% 100 (J S 8ra Ref AMIn.50 1W 19% Vot trust ctfs 5 units Spear A Co..... 45c 2, Southern PipeL.. 10 Southern Sts cl A__t South Penn Oil d 15 Southern Ice UtllA(t) Class B (f) 0 Thompson-Starret. 83% pref (t) Thompson (J R)-.2.' Thompson Prod A.1 (t) 100 t Preferred Underwood EUlott 2% 7% % ifi 30 9 Pref with warr.100 Southeast Exp..100 Class B Thayer-Foss pref 10C (f d 7% cum prof. .100 10 2% 43% 3 Solid Carbonic 2 % 89 123 2% 20 20 (1 Spalding (AG) ABr (t) 1st preferred—100 Spang Ohalf't A Oo 6% cum pref...100 Sparka-With'gt'n Oo % 27 70 5% 42% (f) (A O) Oorp(t) Snider Pack d d Rubber 1st preferred U 8 Shoe com.. 4 7% 3% Realty A Imp. .. 1 US "iS Thermold Oo Steel So Porto RlcoSug (t) Preferred 1(H) Purchaser also pays and curb exchanges A 65 .. Telaut'g'ph Corp.. d Tennessee Prod pref Texas Corporatlon2/ d Pex Pac Coal&OU.K d Texas Gulf Sulph (t> d Textile Banking... d (t) d 50 d Preferred US 3 Iron A Steel com.' d Preferred—lOt Technicolor Inc._(t) d pref Common % 26% 5% 5% 98 ..100 Preferred 15 20 1st d A Class (f) U 8 Playing Card.10 U 8 Print A Litho— d Taggart Corp com.! d Tayior-Oolqultt Oo 4% 13% .... d i Stock Oo pref 10C Sinclair Oon* Oil—1 Spencer dividend. 7 4 (Franklin) 1 Pref (non-vot) 10( Tlmken-Det Axle.lC Tlmken Roll Bear, t d Tobacco & Allied 45 Preferred d Internat'l—L 23* c.(f) U S Pipe A Foundry , Common 20 Syracuse W ash Mac! Tide Water OU * S'west Pa P L d 6f d River Raisin Paper 1 7 4% 71 60 Richfield Oil of Calif Common 25 d Pref.. d Richman Bros (tj d (tj 7* n% 20 &* 10 1% 8olvay Amer Inv— 2% 5% Rice Stlx Dry Gds t 1st pref 100 2nd pref 100 Richmond Bad Preferred... 1 pf.100 14% 4 3% % (t; d 23% 2% 15% 8% t 7% cum pref..100 Reynolds Met... (f) Reynolds Spring .1 Reynolds Tob 10 B common 1 d t c 6% preferred Socony Vacuum Oorp w 1 60 55 com. 1 Gas 10 % Oorp— cum cv —21 d Swift A Oo Tide W Assn OU.„i 18 100 Shippers Oar Line A. d Shubert Theatre, (t) d Smyth Mfg Oo 12 8 34% 100% Smith(LO)A Corona % .% _ Republic 75 65 Reliance Mfg (Ohio) Remington Arms t 1st pref. ioc Id pref 33% 100 Preferred v d Sweets Oo of Am_5( 108% ft) d ThatcherMfg(vot)(t Conv pref (t 24 Preferred. 97 1st pref (Ohio) 10C „ 22% 2t Sloas-Sheff S A I.10C ... Reo Motor Car Vot tr ctfs 9% IX 8 30 9% * 6%% pref Begal Shoepref.100 Re& (Robt) A Oo._1 Rem t'n Rand 1st pref 9 4% 4% 1 Simon 105 Reece Button-Hole Machine H Reece Fold Mach.lC Reeves (Daniel) Inc 4% 28% Simms Petrol Oo.lC 9% 10% 4) 60 2 6H% conv pf.100 Common d 20 7% cum pr pf.100 Part conv A cl A (t) 8% 27% 73% 12% Taylor Milling 3 common Real silk Baybestos-Manhat t 4% 50 A Tr £2 Simmons Oo 3 4% Silver (Isaac) A Brof 5% Pref (voting).. 101 25 3% 12 7% Hosiery M (vot)10 24 9% Gel d d Common B 3 60 | "2% .1 "7" 3% Silica . d 25 100 U S Leather v t 12% Oar.-i 1% "5% t U S Hoff Machln'yt U S Ind Alcohol, 95 10( Motor U 8 Gypsum Preferred 40 9 0% cum pref—101 Superheater Oo Superior OU Super PortlOemA(t) Common B (t) Superior Steel 10« Swallow Airplane... Swift 32% 1% (t) 85% 102 20% 18„, 99% 6% nreiAA 10< Sher-Wms Can—(t) dr 95 11% 100 U 8 Freight O 8 Glass Taylor-Wharton v t c._(t) Preferred v t o_ 100 Shaffer Stores com.. Sherw-Williams 7 35 6 a ServelOo «h&ron Steel Hp. 2 100 105 95 40 Swan A Finch OU.2.' " 40 32% 1% 10' Shell Union Oil.. "l% "I" 100 _ i 10< Shell Transp 100 Prsd A Ret Oorp.50 d Preferred. 6' Publication Oorp (t) d 30 —- 20 * d 83.50 conv pref—f Shattuck (Frank G)t Sheffield Stee) (t 100 97 AFuUer(t) Webster (f) Symington Oo < Co pref 2 t 100 ..... — 3% -~ 2% d Sharp A Dobme 39% 39% • d t 25 70 3 100 10 21 13% 38% 18% 2% 6% 11 .100 Radlo-Kelth-Orph 3% 't d (f) d Preferred d it. CL Preferred lOu d Scotten-Dillon Oo 10 d Seiberling Rubb 1% 5% 2.' BuUivan Mach'y.(t) Sun OU com. (f Sellers (G I) A Sons 5 4% 1% 4% 50 (t) Preferred ... .... 15% 1% 7% > A United_.(t) oo common Preferred First pref Pullman Inc 65 d Segal Lock & H'ware d d Preferred.. Preferred Price Bros 6% pref 55 Oil 60 5 U 8 DIstrib Sugar Estates Orlentepref—10( 19 Seagrave Corn Sears, Roebuck A r Stuts 4 13 ... 1st pref Strawbrldge A Cloth 0% preferred—100 7% preferred Stromberg-Oarls Tel Studebaker Corp_.i Re¬ Scott Paper Scovill Mfg Preferred 100 U S Dairy Prod A (t) Common B (*' (T Preferred it> d Seaboard 3 Stone A public Gas above. Scullin Steel 90" Prairie Pipe L 26 d Pratt & Lambertj_ 1 d (t a\X 40 A U Porto Eic A Tob—■ Glass A (f) d Glass B (t) Prairie Oil A Gas .25 d Pressed Steel Car 12% 1% 28% Class B Poor A Oo class B.(t) d Port Alfred P & P.. r 7% 1 41% $6 preferred— U S Finishing (t) Preferred ...—100 87 com 2% Class A U S Bobb A Shut.lOi U S Envelope Preferred 3% 77 (t) Oo—See 10C 100 Speed.10 Stlnnes(Hugo)Oorpt 53% 6 45 Schulte 7% convpf 4 7% preferred—100 Retail St—t d Preferred 100 26 (f; Pitts ton Co.. % 35 5) Schulte Preferred 10(, Plttsb Term OoallOO Preferred 100 Pitts United Oorp 25 d 45 1 38 Scniff Oo 36% 3i% Preferred B 1Q0 Savage Arms ib Plttsb Steel pref. 100 Pittsburgh Steel Fdy — Salt Greek Prod—1'' Saxet (r) Untd Sh Mach Oo26 Preferred A 100 Savan'h Sug com—t Preferred 100 4 (t) com Preferred Preferred 26 United Stores com.t Stanley Co of Am (t) Stanley Works 2! Starrett(L 8) Oo_(t> Starrett Oorp (t) Preferred 25 Steel Co of Can., (t) 3 Salt Greek Oon OHIO 18% Sugar 9 92 100 100 Preferred " 10 6% 20 h 1% Stand Tank Oar— 1 76 88 8 33 10% 3% Preferred Stlx Baer 51% 8 ---- . ^ 1 Shar.(t) Preferred..— 10 Untd Publish pf 100 Preferred 21% 39 100 Stew-Warn St Regis Pap, com.? d 3% 99 25~r 2 "referred Preferred United Fruit Untd Profit Preferred——.25 29% 3% 6% 4% 38 d 3) 21) United Porte Rlcan 90 89 Stetson (J B) 21 (t) d Pirelli Oo of Italy common . Unit Paper 18 24 1 United Dyewood.100 Preferred 100 United El Ooal v t c t » Un Eng A Fdy 1 d 25) 24) 15% 25% 20 Prod. Board 100 Unit Piece Dye com t 35 45 10C Preferred Plllsbury Flour Mills Am shs 600 lire 19" St L Nat Stk Y—10C St L Rocky Mt A Pacific Oo 13 80 36 Preferred 10C St Maurice Val Com % _t Wlgg Corp referred.. ...100 22% 14% 9% 87% 6 20 St L Oar Oo 7 %pf 100 St L Oot Oomp—100 10 8 16% 100 — &7\I 25 10r com 12 ui% ft* W (t) 100 8tan Text Prod. .100 16% 3% Safeway Stores._(t) d 44% 70 6% pref...... 100 86% 7% pref ion 40 St Joseph Stk Yd 100 St Lawrence Corp (t) dr4 80c. 3% dr Pref class A 50 dr Mills U 2 Preferred A—100 — 1 Div ctf—See Tob of America 5% preferred.. 100 - — 6% pref 2 Stand OU Expt pflOO Standard Screw .100 55 14 Preferred Preferred t Oorp Stand OU St Lawrence Flour 4 43 41 Preferred Preferred 3% 8% 44% 4% Stand OU of N J..26 d (Ohio)..26 d % 33 Ruberoid Oo 100 Rumidor Oorp com t Safety Oar H A L100 74 33 30% 4% 3% .100 105 d Rubel Ice & Ooal 5 65 Phillip-Jones Oorp.t t 100 3% 3% 28 w 7 5 d Petroleum Oonvers'n Oar 1 1 Royal Dutch Oo N Y d Phlla Insul Wire t PhU A Read O A I.t Stand OU % 12 JX Stand Oil 5% 11 6% (Ind)—26 d (Kan)—25 Stand Oil (Ky)-.-lO d Stand Oil (Neb)..26 d 6% 3 12 share. United Cigar Stores 19 X 2 d 116 1 A Per Par 13% d Stand Com Tob—t Stand OU (Oal).-(t) d 5 80 ' d Common Preferred A _ ser 3 3 Royal Bak Pow Preferred Phelps-Dodge 26 Phlla Dairy pref $7 pref 2% Per share. 8 6 __ Brands (t) d Standard 52 ' 95 3% $3 cum conv pref t d *)piegel-May-Stern. i 32" Splltdorf-Beth El 1% 3% 40 n 86 (t) Phillips Petrol Phoenix Hosiery 1 45 10C pref. 10 Pet Milk (t; Pet Oorp of Am cum _ 1 t Roxy Theatre units. d 3% t Peoples Drug Stores Preferred 1 Splcer Mfg Co—(t) d 1 Roosevelt Field Pennroad Oorp Common 1 Preferred Penn-Mex Fuel ...2 6% % 1 1 Rocky Mt Fuel-.lOo Rogers Peetcom.lOC Rolls-Royce Am 10% 1 (t) T3 100 Preferred 84 Ji Penn Glass Sand pf. Penn Salt Mfg Penn Traffic Riverside Silk Mills iobinson(Dwight P) Pirst preferredlOO 100 Preferred ~ Par Per share. Par share, 20 % t Penlek dc Ford Ask. Bid. Stocks. Ask. Bid. Stocks. Ask. Bid. Stocks. Ask. Bid. Stocks. MISCELLANEOUS STOCKS & stock I INDUSTRIAL Stocks. Bid. Par West Dairy Prad At d Class B v * o (t» d W t A,sk. Per Stocks. Par 12 3 Wheel Steel Corp 100 100 3 Preferred White Motor.. Md Dy Co (t) d Prior pref 50 d n Preferred 13 14 24 24 X 67 West hse El A Mf.50 d 1st preferred.__50 69 Ji Westland Oil... (t) d Westmoreland Coalt d 12 Weston El instru.. t d Class A r d WVa Pulp A Pap-.t d ^Preferred 100 x Westvaco Chlorine Products t d Wextark Radio Sta.f d Wheatsworth pref. Pirst pref 100 Second pref.. 100 II" ok 14 li* 86 Whitman W m pf.100 Whittelsey Mrg il54 Westmoreland, Inc.t d Wilcox & Gibbs.. 50 WUcox (H F) Oil A 16 89 Gas 11^ Ask. Class Preferred. 1 i i" 24 96 115 31 100 34" 30* 20 3K . Preferred Woodward Iron. 100 Preferred 100 Woolw'th (F W)._10 d Worcester Salt. 100 s 21 A Mach 7% Bid. Ask. Bonds. 50 50 40 53 First New Orl 6a '44 opt *34M AN First Texas—5s '42 op '32-MAN [>t Atlanta fiB 1952 opt 1932.. J AD 5s 1957 opt 1937 JAJ 5a 1955 opt 1935 MAN 34 34 34 5s 1966 opt 1936 MAS Atlantic—5s 1953 optl933..MAS 34 . 5a 1952 opt 1932. 5a 1954 opt 1934 5a 1955 opt 1935 5s 1957 opt 1937 5s11953 opt 1933 „ Bankers—5s *53 opt *28 5a May 1952 opt 1932 MAS JAJ JAD MAS MAS JAJ MAN 5a Nov 1953 opt 4Kb 1955 1933—MAN opt 1935 JAJ Burlington 4Ha 1957 opt'37 4J4s Feb 1957 opt '3? FAA 5a Feb 1953 opt 1933—-FAA 40 40 40 40 40 40 24 24 24 24 35 39 X 64 July 1956 opt 1936 JAJ 5Hs Nov 1951 opt 1931—MAN Central HI—5s *53 opt *33.-JAD 5a July 1 1953 opt 1933—JAJ Central Iowa—5a 'o3 opt "33. AAO 5a May 1 1942 opt 1927-MAN „ 4Kb Nov 1 *52 opt *32—MAN Chicago Joint 5 Kb *51 opt'31M AN 64 71 37 37 MAN 37 33 4 5*8 1963 opt 1933 4Kb 1962 opt 1932 MAN 33 33 33 33 5 s 1952 opt 1932 4Kb 1964 opt 1934 4«S 1965 opt 1935'. Dallaa^Ss 1953 opt 1933 MAN MAN MAN AAO 35 43 43 67 67 33 33 41 41 MAN MAN 1951 opt 1931 30 30 30 30 39 67 5a 1963 opt 1933 4 Ms 1952 opt 1932 a 44 44 44 44 29 29 35 38 37 37 5 44 44 38 42 40 40 40 36 36 36 36 36 52 MAS 60 50 52 AAO 50 JAJ JAJ 50 AAO MAN D*yton-Agrlc 5a '54 opt *34—JAJ Denver—5s 1954 opt 1934.-JAD 60 52 52 52 52 5s 1954 opt 5s 1963 opt 1933 5el965 opt 1935 5s 1966 opt 1936 5a 1966 opt 1936 _ 5Ms 1951 opt 1931 5a 1955 opt 1935 5a 1956 opt 1936 FAA 5a Bid. 1943 opt 1933 60 50 60 50 53 53 54 35 41 39 45 41 45 41 45 lttflfl opt 1936 AAO First Trust of Chicago— 4 ks Feb 1958 opt 1938 FAA 4Kb Dec 1955 opt 1935—AAO 41 45 68 71 opt 1935 4Kb July 1954 opt 1934 JAJ 70 72 First Trust of Dallai 5s 77 74 74 Sept 1954 opt 1934 MAS opt 1937 FAA Fletcher 4Kb 1954 opt 1934 MAN 4Kb 1955 opt 1935 MAN 4Kb Nov 1957 opt 1937-MAN 5s Nov 1953 opt 1933 MAN 6Kb Nov 1951opt 1931—MAN Fremont—5s 1953 opt "33 J AD 74 79 79 79 79 89 84 50 54 95 50 46 54 JAD 46 Greensboro(NC)5»'53 op'33 AAO 5a Dec 1955 opt 1935 JAD Greenbrier 5s 1964 opt 1934-AAO 40 40 50 44 44 50 54 50 54 ..... MAN JAJ 50 MAS 60 50 54 Ill-Midwest—5s 53 op '33-AAO 6s 1954 opt 1934 JAD 5s 1955 opt 1935 MAN 4Kb Mar 1958 opt 1938—MAS 4Kb 1956 opt 1936 MAN Iowa 4Hs 1955 opt 1935 AAO 4Kb 1956 opt 1936 FAA 40 44 5s Nov 1951 opt 1931 44 40 36 44 30 74 35 73 75 90 58 58 58 60 56 87 Kentucky—5s *62 opt *32 MAN 5s 1954 opt 1934 JAJ 5s Jan 1957 opt 1937 JAJ Lafayette—5s 1963 opt '33-MAN 4Kb Nov 1957 opt 1937-MAN Lincoln—6s 1951 opt 1931.MAN 5s 1943 opt 1928 MAN 64 54 64 5s 1942 opt 1927 54 40 MAN 4Kb 1965 opt 1935-. 4Kb 1966 opt 1936 56 53 52 40 80 58 56 62 MAN 58 62 JAJ JAJ JAJ 48 51 4Kb 1967 opt 1937 Louisville—6s 1952 opt 1932MAN 48 61 48 52 52 56 56 51 50 54 54 5Hs Nov 1951 opt 1931-MAN 50H Maryland-Va 5s \55 opt '35-MAN 64 68 5s 1956 opt 1936 JAD 5a Apr 1957 opt 1937...—AAO 64 68 37 37 37 39 55 41 5s May 1953 opt 1933—MAN 1963 opt 1933 MAN _ 64 68 41 Minneapolis Trust— 5s Nov 1952 opt 1932 MAN Mississippi 5s '55 opt '35—FAA 5K? Nov 1951 opt *31 MAN New York 5s *52 opt '32 JAJ 5a 1953 opt 1933 JAJ 5s 1955* opt 1935 JAJ 5s 1956 opt 1936 MAN N Y A Pa—5s '53 opt *33 JAJ N Y A N J 5s 1953 opt '33..JAD 5s 1954 opt 1934 MAN 5a 1955 opt 1935 JAD 5a 1956 opt 1936 JAD No Oaro—5s '53 opt '38—MAS 5a 1952 opt 193 I MAN 5a 1955 opt 193 J FAA 5s 1956 opt 1936 MAS 5s Apr 1957 opt 1937 AAO 68 70 41 Dea FAA Moines—5a '52 opt '32-MAN 5s „ 5 Kb Nov 1951 opt 1931—MAN First Carolinaa—5s52 opt'32M AN 5a 1954 opt 1934 AAO 5s 1955 opt 1935 JAJ 6s Feb 1956 opt 1936 FAA 5a June 1956 opt 1936 JAD FlrstofOhey—5a 52opt '32 MAN Flrstlof Olev—5a'63 opt '33-MAN ist ofFtWavneS Hs'31qpt51M AN 5a Nov 1953 opt 1933--..MAN 6s 1952 opt 1927 MAN MAN MAN 5Hs 1951 opt 1931 MAN First of Montgomery 5s '54 opt '34 5a 1966 opt 1936 AAO 5a Apr 1967 opt 1937 AAO 5a Dec 1967 opt 1937 JAD 6a 1952 opt 1932 5a 1953 opt 1933 30 41 43 30 50 50 32 32 32 32 32 54 54 59 64 30 30 30 57 55 55 17 17 17 17 17 43 43 43 43 21 21 21 21 21 47 47 47 47 5s Nov 1953 opt 1933 MAN Ohlo-Penna 5s 1954 opt 1931 JAJ 5a Jan 1958 opt 1938JAJ Oregon-Wash 5s '52 opt f ]2_MAN 5a Oct 1953 opt 8 41K 83 1933—J.AAO 37 40 46 41 44 41 44 41 44 41 44 41 41 41 41 41 44 30 30 30 30 30 45 45 34 34 44 44 44 share 9 10 . 19H 3X 16 X 4 22 am mmmmrn 87 87 mmmm d 18 X 19 31 60 30 40 7K (unstpd.). d 13 X 47 X 7H 8 Youngstown Sheet A Tube 15 Preferred Zenith Radio 50 50 X Zonite Products 100 60 • 20 50 70" 6K Bonds and 100 , (t) d d Stocks. Bid. 1X 7X Ask. Pacifle Coast Jt Stk Land Bk— Portland, Ore—5s'53op*33 JAJ 5s 1954 opt 1934 MAN 5s 1955 opt 1935 MAN 5s 1956 opt 1936 JAJ Los Angeles—5s '53 opt '33 JAJ 5s Mar 1957 opt 1937-MA8 San Fran—5s *53 opt '33—JAJ 5s Mar 1954 opt 1934..MAS 1957 opt 1937-MAS O—5s^53 op *33 JAJ opt 1936 JAJ Pennsylvania 5s *53 opt '33-MAN 5s Feb 1955 opt 1935 FAA 5a 1966 opt 1936 AAO 5s July 1956 AAO opt 1932—. 4Kb 1965 opt 1935 4Kb 1966 opt 1936 5s 1965 opt 1935 5s 1957 opt 1937 5a 1968 opt 1938 Young (Edwin H) d Drug units Young (J 8) Co—100 Preferred 100 5a Sept Salt Lake 77 5s Feb 1957 5a 1952 4 41X Ask. .—MAN MAS 5s 1965 _ 31 39K 5s 38 38 38 38 100 preferred. 100 Bonds. 53 45 ...100 d Common 24 Agricultural—5s *53 op '33-MAN 5s Nov 1952 opt 1932— MAN Arkansas 5s 1952 opt 1932.M&N . 40 Ask. Per Yale A Towne 25 d Yellow Taxi (N Y)— d Yellow Truck A Coach Mfg cl B-10 d Preferred —100 2K 24 Worthlngton Pump Wright Aeronaut'l.t d Wrlgley (Wm) Jr..t d Wuriitser (Rudolph) 18 2H Bid. Par 1 & a'M < 100 Stocks. share z 3K 4 ■ A. Ask. Per Preferred A...100 Preferred B 100 20 .25 100 Wilson A Co 10 98 99 STOCKS Bid. IUT 31 16H W illy s-O verland Stocks. share 9 m (t) Corp— Class B . 6 25 (t) (t> Wilcox-Rich Class A 11 Per 50 White Mot Sec pflOO White 8ew Mach (fj Preferred (t) White Rk MIn Spgst (t) d Westing Air Br'ke(t) d MISCELLANEOUS Bid. share 11X & 6s 1967 opt 1937 MAS Phoenix 4Kb '61 opt *41 JAD 5s 1961 optional 1941 J&D Potomac 5s 1954 opt 1934..JAD 5a 1956 opt 1936 JAD 5s 1957 opt 1937 FAA 5s Jan 1958 opt 1938 JAJ St Louis—6s 1953 opt 5s 1952 opt 1932 5s 1943 opt 1928 '33—JAD MAN JAD 5a Mar 1954 opt 1934 MAS 5s 1955 opt 1935 MAS 4Kb 1956 opt 1936 JAJ San Antonio— 5a Mav 1953 opt 6s 1953 opt 1933 *33 MAN MAN —MAN JAJ 5s 1954 opt 1934 5a 1956 opt 1936 5a 1957 opt 1937 -JAJ 5s Mar 1958 opt *38 MAS Shenandoah Val 5s 45 op *35 JAD So Minn 5 J4s '51 opt '31— MAN 5s May 1953 opt 1933 5s 1952 opt 1932 5s 1964 opt 1934 MAN MAN MAN Southwest (Little Rock. Ark.)— 5s May 1956 opt 1936 MAN 5s May 1957 opt 1937—MAN Tennessee— 5s Aug 1955 opt 1935 FAA Union (Det) 5s *54 opt '34--MAN 5s May 1955 opt 1935—MAN 5s 1956 opt 1936 5s 1957 opt 1937 4Kb 1955 opt 1935 4Kb 1956 opt 1936 4.Kb 1957 opt 1937 Union Louisville, Ky— 5s 1952 opt 1932 5s Nov 1954 opt 5s 1957 opt 1937 JAJ JAJ JAJ JAJ JAJ 52 56 52 52 56 56 52 56 52 56 52 56 52 52 56 56 56 56 56 54 54 52 62 52 50 50 50 50 ■ 54 54 52 56 58 63 44 48 44 48 44 48 44 48 29 29 33 33 29 33 29 33 29 33 26 30 53 53 56 56 53 56 52 56 53 56 53 56 50 53 17 17 21 17 17 40 21 21 21 40 44 44 37 45 48 41 45 45 45 48 40 44 48 48 40 44 40 44 _ MAN 52 56 1934—MAN FAA VIrginia-Oaro 5s '53 opt '33-MAN 5s Aug 1954 opt 1934 FAA 5s May 1957 opt 1937 MAN 5s 1956 opt 1936 -FAA Virginia—5s '53 opt '33-MAN 5s Nov 1 1951 opt 1931—MAN 5a 1955 opt 1935 JAJ 52 56 56 38 44 32 STOCKS 32 Chicago 32 First Carolinaa 38 Freemont 38 38 38 50 50 53 53 50 53 Par Des Moines 38 32 32 32 Dallas 47 47 32 Atlanta 32 32 52 Atlantic 100 100 — Denver 100 100 ............100 100 Kansas City.........——100 6 _....—........... Kentucky Lincoln "7" -.100 North Carolina Oregon- Washington ........... Potomac 8t Louis — San Antonio "IK ...— 100 10 South Minnesota........—100 Virginia / .... .........5 "I" K X < V they be obtained The custom it will be found that Instead of actual which business in the bonds is being done. seller 4.35% annum to the maturity maturity—the shorter maturities yield¬ for State and. municipal securities, we give bid and asked quotations wherever can municipal securities on the basis of the return they yield per annum. Therefore in most cases inserted in the column headed "To Net" certain figures to indicate the interest rate at Thus 4.35% means that the particular security can be bought or sold at a price that will yield the purchaser or per of the Issue. Where two figures appear, as for instance "4.25% to 4.35%the rate of return varies according to the ing the lowest rate, and the longer maturities yielding the highest return. > In State and municipal bonds the custom has always been to quote them "and interest." That is, the accrued interest must Note.—Owing to the present demoralized condition of the municipal bond markets, brokers and dealers find It In reporting beJow prices quote however, is to prices we have in all cases be added on. difficult, and in many cases, almost mposslble to make quotations for municipal bonds. Bid prices, especially for the smaller municipalities, are practically out of the question and sales or terms simply a matter of bargaining between buyer and seller. In fact the absolute lack of demand often causes good bonds to be offered at almost are any price. UNITED STATES—See also pa ge First Liberty 3M% Loan— of1932-1947. ... J&D Treasury 4s n 96,3i fis 91*31 77 78 80 91*31 8610si 85 86**3» 8517 31 93 97 100 99*<>3i 98*«si 98l83! 99**31 100*ss 9928«i 99**31 99**31 100*n 99*«3i 99**31 99**« 3 Ms 100*31 Loan 80 80 80 TERRITORIES & U. S. PO 80 82 82 91 93 Hot Springs 86 85 88 Little Rock S D 4s 87 St Francis Lev D 6s 4Mb 4 Ms 4Mb 4Ms 4Ms 87 88 4Ms 5an 1945 —4Ms Nov 15 "32-'65-M&Nl5 4Ms Nov 15 1936-58—M&N 4s May 15 '46 opt '30-M&N 4s Aug 1947 opt 1937—F&A Philip Isls 4M» 1952 J&J 4MB 1950 — 6 5.50 6 7.20 6.90% .»U7o 6.90% 6 .90% 6.90% 6 7.20 77 6 7.20 "32-*50-M&8 6 5.25 to 6 5.25 to 4.75 % 4.75 % 6 5.25 to 6 5.25 to 4.75 % 6 5.25 to 4.75 % 6 5.25 to 4.75 90 90 95 95 87 93 1957 M&N 4s g L Pur '34 opt *14—Q-F 4s P Wks & Imp 1935—Q-M 4i Impt 1936 opt 1910-F&A 1MB 92 92 92 1947-J&J n 85 J&J J&J J&J n 85 85 85 n 4.25 4.25 to 4.35 ttakersfield 6s to 5% 6% 6% 6% 6% 6% to 5% to 5% to Bast Bay Mun Util 5s 1935-1974. 57o 4%35 1950—J&J 4Mb Harbor Imp 1934-73 4MB 1952 M&S 4MB 1950 & 1959 M&S 4MB *30, *42. '40. '49—M&S 6% 6% 6% 6% 6% SMb Renewal cl O 1949-51-M&S Ala State Bridge Corp'35-'40 4s Pub Highway Si f« Anniston 5M« 1939 5a Schools 1932-1947 to 5.25 4s Water 5.25 to 5.25 to 5.25 4s 1940-1945 to to 5.25 to 5.25 4 Ms 1932-38. 6 6.50 5.75 % 6 6.50 8% 8% 5.75% 5.75% 5.75% 5.75% 5.75% 5.75% 5.75% 5.75% 5.75% 5.75% 5.75% 6.50% 6.50% 6*8% 7%" 6 7.50 6% 6 7.50 6%" 6 6.50 6 6.50 6 6.50 6 6.50 6 6.50 6 6.50 6 6.50 6 6.50 6 6.50 6 6.50 Gadsden 6% Impt. 1933-38— 6 6 5s Schools 1932 -40 Huntsvllle 5s Funding 1942— 6s Pub Imp 1936-1938 County— 4Mb Ot H'se 1934-43—M&N 4Mb Ref 1934-1961—A&O Mad son Co 5s Refunding 1940 Mobile 5s School 1943—J&D 5s Refunding 1949 M&S 4 M* Refunding 1937—A&O 4MB Water & Sew '39-J&J Mobile Co— 4Mb 1932-1948 69 School 1936-1945 4MB R & B 1932-38—J&D 4MB 1939-1958 J&D Montgomery Pub Imp 6s 1934 5s Pub Imp 1932-1938 5s 1032-44 75 75 50 38 40 6 4.50 |to 4.80 6 4.50 4.50 4.90 4% % % 6 4.50 to 4.95 6 4.50 to 4.95 6 4.60 to 6 475 to 6 4.75 to 5% 5% 5.10 % 6 4.75 to to 4.80 % 4.80 4.75 5 6 ~4~. 50~ 4.80 4.80 6 4.50 to 4.80 / 31 92 % 33 94 6 4.50 to 4.00 % .t>o 4.65 % to 4.65 % 4.50 to 6 4.60" to 4.90 % Orange Oo 5s 1932-45.—M&S Pasadena 4s Jan 1932-42-J&J 6 4.40 to 4 60 % 4 Ms Wat Pit '32-'36—A&O 6 4.50 to 4.65 Redlands 5a 1932-51, —J&J15 6 4.60 to 4.80 % f to 4.80 6 4.40 to 4.60 6 4.50 to 4.65 '33-'40 opt 80 Sacramento 4s Jan 80 75 85 75 75 75 6 6.75 85 4 Ms Sew & Dr 1932-34-J&J Sacram'to Oo 4Mb ^2-'46 J&D 6 4.50 6 4.75 San Diego 5s WW *32-'54 A&O 5s Water 1932-63 Joe J 6 4.75 6 6.75 6% to 4.75 to 4.65 to to 5% 5% 5% 5% 6 4.75 to 6 4.75 to 6 4.75 1932-1960 J&J to 4.95 85 5s Municipal 85 5s School 6% 4Ms Wh & Har '33-*52.J&J 6 4.75 4Mb Water 1932 1964 3 Msg Tulv 1 1939-44 T&J 6 4.50 n Noouum. s Sale price, y Per 4Ms 1932-1900... •Hamden4Ms 1932 M&S Hartford 3Ms Bdge *55.-J&J •Is Water June *32-'39 J&D •4s Water 1940-45 J&D 1932 1938 •43 High 8ch ,33-'55—J&J ♦4Ms 1932 M&S *4 Ms 1933-1934 M&S *4Ms 1935-1938 _M&8 ♦4Ms 1939-1960. M&S 4Mb Munic Bldg 1933 M&N Hartf'dSD *4Ms'32-'47-M&8 6 5% 6 5% 6 4.75 6 4.75 6 4.75 6 4.75 6 4.75 6 4.75 6 4.75 6 4.75 6 4.75 6 4.75 6 5% •4Mb Northeast 1959.J&D 6 5% 4Mb 2d North 1944 J&J 6 5% 8Ms South Sept 1955-M&8 6 5% 07b 4Ms Southwest 1944—M&N 5% •4Mb Wash't'n '41-'47.J&J 4s West Middle 1937._F&A 5% — £20* to 4.95 to 4.90 Maneuver •lMs ♦4Mb 1934-1944 % % 1 5% 5% '32- 33M&N -M&N 5% Manchester 9th School Dist— 4MB 1932-1951——M&N 4Mb 1932-1949 —M&N Meriden (T) 4s '32-'8fl—M&N Midd'otown 4s 1932-35-M&N 6 5% 6 5% 6 5% 6 5f *32.J&J 6 5% J&J 6 5% ..F&A 6 5% 4b 1932-1952 •4Mb School 1932-'40.F&A 6 5% •4Mb School 1940-'62.F&A 4Mb Water Aug 1941—F&A 6 5% 4Mb 1932-1969. F&A 6 5% •4Mb Sch Aug '32-'43-F&A 6 5% ♦4b Park 1932-1943—F&A 6 m 75 New Hav (O) 3Ms '32- 35A&0 6 New Britain (O) 3 Ms 4s Munic Bldg 1948 38 33 4.50 6 4.50 Riverside 5s 1932-'53 J&D 6 4.60 Riverside Oo 5s *32-'54—M&N 6 4.50 6% S D 5.10 85 85 t In London, Fire District— 5% 75 6 6.75 to 4.80 % _ Oakland S D 4s 1932-44—J&J 1982 1960 Hartford •4s Water to 4.95 6 4.50 1935-1936 4s 1937-1945 4s 1946-1961 Los Ang Oo 4Mb *33-'49 F&A Merced Irrg Dist 6s Modesto Irrig Dist 6s Oakdale Irrig D"ist 5s Oakland 5Ms 1932 43—F&A 4Mb Mun ImD '32-'43.F&A 4Mb 1932-1905 F&A 4s Jefferson 75 101 48 F&A J&D J&D J&D J&D 4s 1932-1934 5% . 4.80 1935-1964 5% 5% 5% *5 Ms 1932-1951. 'Groton 4.85 4Mb Water 1941-70—A&O 4Ms Sch 1932 to 1944-J&D 4M« 1932 1968 .J&J 4 Ms 1932-1969 M&S 6sMunicipal 1932-61--F&A 6Mb Harb Imp '32 '01M&N Los A O 8 D 5Ms.'32-34 M&N 5Mb Nov 1935-80 M&N 5s 1932 1934 F&A to 5.25 5% 5% 5% - 101 4.80 1932 to '41.A&0 1932 & '33-A&O Water 1934-'40 A&O 5% 4s Water June 1933—J&D - 3 Ms Water 4 Ms Water Bast % 4a 1946-1902 5s Funding 1947 Birmingham 5 Ms Pub Imp 1932-35 M&82 4s April 1 1932 A&O 4s April 1 1933 A&O 4s 1934 —A&O 4s 1935-1930 A&O 4s 1937-1941 —A&O 4s 1942-1961 A&O 4Mb Pub Imp 1932-37-A&0 4MB 1933-1936 A&O 4Mb 1937-1960 A&O 4Mb Pub Imp 1932-1937— 5s Sewers Sept 20 '41--M&S 35 35 *38.J&J 1932-51-J&D 1932 to 1945.M&N 5% 5% M&N 5% 5% Glastonbury ^M* '33 58. J&J to 5% 4.75 Greenwich *4Ms 1932 33.J&J 6 4.90 •4Mb 1934-1942 tax exm't 4.7o 4Ms 1932 M&N 40 4 Ms 1933-1934 7o 40 6 4.90 4Mb 193.5-1951 100 Los Angeles 4 Ms % 100 Dist— J&J Imperial Irrig Dist 6s 6 4.25 6 5% Bristol 4Mb Water 1939--J&J •5s July 1 1932-55 J&J to 4.65 100 Fresno Irrig Dist 6s 5% 6 4.25 .J&J 4°35 to 4.60 98 6s.. 35 •Cheshire 4Ms 1933-45.-J&J 5% 5% Danbury 4s 1946 taxable.J&J 5% *4 Ms 1932-05— J&D 3Ms Fund 1941 tax'le.A&O 6 5% 4.30 Bast Hartford (Town)— 5% 4Mb Sch 1932-36—L—M&N 4.25 5% 4 Ms Sch 1937-49-X-M&N 4.25 5% 4Ms Sch 1950-59.!14m&N 4.25 6 4.75 Citrus Heights Irrig Dist Consol Irrig Dist 5Ms to 5% to l932-*52—A&O 40 4.30 4 30 4.30 4.30 6 4.50 ALABAMA / Flat price, to 4.35 4M 1941-1947 F&A 4 Ms 1948-1952 F&A 4s tisrb Imp 1985 opt '50 J&J 4s Jan 2 1941-1943— J&J2 4s Jan 2 1944-1948 J&J2 Alameda 4s 1932 to 1941-J&D 6 4.50 Berkley 5s 1942-1951 J&J 6s School 1933-1955 J&J Brentwood Irrig. District 6s 5% 98 40 ♦4Mb Sewer 1932-46—A&O 4M» 1932-1967 A&O •4b 1932-1968 F&A 3Ms Improvt 1932-41.J&J •5a Oonstruc'n 1932-49 J&D 4.50 % 6 6 '32-'48-A&0 4.60 J&J *32-'33-A&0 4Mb 1934-1952 A&C Branford (T) 4M«'32 '50 J&D Bridgeport 4M» 1932-65.J&J 4Mb High Sch 1933-63.J&J 90 4*25 4.60 4.60 CONNECTICUT 90 to 4.60 1934-63-J&J *4s July 1936 •5s July 1 1936 Bloomfleld 4Mb 90 n 4.60 4.50 90 1932-37-J&J3 Jan6'33-65J&J 1930-'48-J&J 30 4Mb Man Imp Alta Irrig Dist 5s 100 to o /o 4MB 4Mb Fund 1932 & '33—J&J 4Ms Funding 1934-'40-J&J 4a Jan 1 1944-1950 J&J 48 gold 1932-1960 J&J is July 1954 % 100 100 6% 1933-34—J&J 1937-1940 J&J Parto Rico 4Ms % 4.75j 6 4.50 6 4.50 8DNo204Mb32M&8 Pueblo Oo 4 Ms 5% _ - J&J 4.50 '32-'55M&S 4 Ma to 5% to 82 / 25 4.60 80 6 7.20 1932-1947 F&A 6~ Olympiad 1936-71. J&J2 4Mb Jan 2 1933-1930 J&J 2 4MB 1935-1936F&A 4 Ms 1937-1940— F&A to 5% 6 5 50 to JIT" 1932 1947 —J&D 6.90% 6 7.20 5 Ms Highway 4Mb Univ Bldg 6 5 50 1 4M« 8 D No 1 CALIFORNIA 4Ma Highway to 4.75 6 4.50 Dnrango 4Mb 1944 M&S MoffatTunlmpDS M s44-68 J&J 6 Ma 1947-1950 J&J 5 Ms 1964-1973 J&J 5b 1974-1983 J&J 88 8SESS IONS to 4.80 6 4.60 Water 1944 J&J Ref Wat 1932-34-J&D Ref Wat 1935-67. J&D Water 1902-1965. J&D 5 D No 32-40—M&N Fund 1941-60 M&N 5Ms 1945-1904 5Ms 1950-1909 5s 1949 opt 1929 87 85 85 86 86 4Mb 11941 4Mb 1932-1939 Little Rock 4Mb 86 96 88 82 to 4.80 6 4.50 Denver (City and County)— '38—M&S10 80 80 6 4.50 COLORADO Colorado Spgs 4s Mar 4Mb Highway 1938-48—J&D 4Ms Highway *38-'58—M&N 4Mb Pens Notes 1932-'51 A&O 4Ms Highway 1935-65 J&J 5s 1936-1962 M&S 80 to 4.85 CANADA—See page 102. ARKANSAS 82 80 Honolulu (City & County;— 6s Pub Impt 1950—J&D 15 6s Jan 15 '33-'59 J&J 15 5s 1932-1956 J&D15 Hawaii.Terr.4Ms '49-M&S 15 86 86 80 opt 1938—M&N 4 Ms 1956 opt 1936. - J&J 4Mb Jan 1957 opt "37 J&J 4Mb 1957 opt 1937-M&N 4Mb 1958 opt 1938-M&N 5* 1941 opt 1931—M&N 4Ms 1933 opt 1932 -J&D 4Ms 1942 opt 1932-M&N 4 Ms 1943 opt 1933—J&J 4Mb 1953 opt 1933—J&J 4 Ms 1955 opt 1935—J&J 4Mb 1956 opt 1936—J&J 4Ms 1953 opt 1933—J&J 4Ms 1954 opt 1934—J&J b Basis. 86 — 4Mb W Mar 10 Bondi 78 78 4s 1958 4M Sanitarv Spwht 86 4MB 1933-1950 J&J 4Mb Court Hse *32-'48-J&D Bs Jan 1 1946-* J&J 5s Jan 11954 opt 1934—J&J 5s W W 1933-1950 J&J Phoenix On tl S D 4Ms 1948 Prescott 5b 1948 —J&J Roosevelt Irr DIs 6s'45-"53J&J 6s 1938-1957 J&J Tucson 5s Water 1950 J&J 97 93 15 1932 1932 Bessemer 6s Pub Imp 86 Maricopa County S D No 1 5s March 1933 .--Mar 6s Highway 1947-51-J&J15 Navajo Oo 4Mb June 15 '32-'36 Phoenix 4Ms^50 opt '30—J&J 100 M Augl 1932 3M % Dec 15 1932 3 Ms Feb 1 1933 Instrumentalities of O 8 Govt Federal Land Bank—Farm 4s Nov 1 '57 op '37 M&N 4Mb Water '57, *5». '59-J&J 4Ms 1932-1951 J&J 4Mb 1932-1951 M&N 4Mb Water 1938-1977.-J&J San Joaquin Co 5s '33-'49.J&J Santa Barbara 5s '33-41-JanlO 4 Ms gold Aug 1943 F&A So. San Joaq Irrig Dist 5Mb— Turlock Irrig Dist 5s West Side Irrig Dist 6s 86 80 Road 1957- J&J 6 4.75 J&J 5s Water 1952-1909 85 80 55 50 DIeguito Irr Dist 6s 5s Water 1933-1951 ARIZONA 91*31 91*31 Ask. San Francisco (City & County) '32"35 5 Ms serial 90*31 1938—-Q-F 2M % June 80 82 91**31 89«3i 8s Panama Oanal 1961—Q-M 8s Conversions 1946-47—Q-J U S Treas ctfs of indebtedness 2s Mar 15 1932 ------lMs Sept. 15 1932—M&S15 3% Sept 15 75 1935 5s W W 1939-1967 Tuscaloosa Oo 6s Bridge 1941- 96**31 91"3i J&D 1946-66.-M&S Treasury 3jis 1943-47..J&D Treas 3 Ms ^une 15 '46- 43J&D Treas 3 Ms Mar 15 '41-43 M&S Treas 3 Mb 1946-1949---J&D Treas 3s 1955 opt *51 - -M&Sl 5 2s Pan Oan Nov San _ 1944-54 Treasury 3 Ms 75 5s Pub Imp 97 Conv 4% of 1932-47—J&D 98«3i 98 Oonv 4M% of 1932-47 J&D 97"* 95»ai 2d conv 4 M % '32- 47- J&D Fourth Liberty Loan— 99«3i 99*31 4 M % of 1933-38 A&O 100»°31 100**31 Treasury 4M«» 1947-1952 A&O . 72 -A&O Morgan Oo 6s 1938-52 Tuscaloosa 6e Pub Imp 94**31 94*»ai 95 Ask. 1957-59 Montgomery Oo 4Ms 5s Road 1935 6s Road 1951 10 or Bid. Bonds. Net. Bid. Bonds. Net. Ask. Bid. To or To or Bonds. Yield Basis Yield Basis Yield Basis 1 •4b Apr 2 1940 w tax-expt.A&O 6 4.75 6 4.75 6 4.75 6 4.75 6 4.75 6 4.75 6 4.75 4Mb Paving Mar 1936.M&S •4Ms 1943-1952 ♦4Mb Paving Aug '37 F&A •4 Ms Mch 15 *32-'35.M&S15 •5fl '38-'37-'39-'40-'41 A&O •6s 1932-1961— J&J New London 4a 1933 A&O •4Mb Imp 1932-1935—M&S 4Mb Park July 1942 J&J •4Ms Water I960 F&A n«w 1 1937 J&D * Tax free in Connecticut. 6 5% 6 5% 6 5% 6 5% 6 5% 5% AND STATE To or Nsrwalk •4H« •4M« 334s 3 J|s (0)4s Bid. 1954-1904 Ask. Austrian Govt a f 7a '43-J&D Int a f 7» 1957 J&J Bavaria (Ger'y) 6 Ms '45.F&J % to 4.50 % to 4.50 % 4.50 % 1933-71 A&015 Sewer 1947-70- J&D 15 6s 1933-71 A&015 Nerwalk (T) 4Mb 1942—J&D 4MB 1936-1968 Norwich 4 Ms water 1939-M&S •4Ms 1932 1964.-.-M&815 4Mb Refunding 1938—A&O % to 4.50 % to to 4.50 % to 4.50 % to 4.50 % to 4.50 ®PlaInf)eld(T)4M» '32-,57AAO to 4.50 % Putnam (T) 4 Ms *32-'40. A&O to 4.50 •Rldgefleld (T) 4M« Jan 1 '43 Stamford (O) 4b 1942—.MAN Stamford (T) 4Mb '33-'45 J&J to 4.40 % % to 4.50 % 4.40 % to 4.40 % to 5% to 4.50 J&D b 5% to 4.50 . 4b 1932 46— Water bury— to 4.40i % 4Mb City Hal) '32-'63—J&J Ta July 15 1932'00-J&J15 [a Water 1933-44..J&J15 Bdge.St.&c.'40-04J&J15 is 19461953 J&J 15 ■a Water 1935-*64 J&J [B 1932-1934 J&J15 [artf'd 4Mb 1943-J&D 4Mb Mar 15 1932-48-M&S W HavU8D*4 Ks'32-'50.M&N Vest port 4Mb 19361944 Weaton (T) 4 Ms '32-'45.M&N Windham(T) 4Mb *33-'36-J&J 4b 1933-1934 4a 1935-1937 4a 1938-1942 J&J 4a 1942-1952 J&J J&J J&J 5a of 1913 4.50! % to 4.50 4 Ms of 1883 4 Ma of 1888 to 4.50 4a of 1900 5% 5% 5% 5% 5% 5% to 4.50 5% to 4.f0 5% 5% 5% 5% 5% 5% 5% 5% to 4.50,% 4.50 % 5% 5% to to 4.50 to % 4.50|% to 4.50 % 4.50 % 4.50 % to to to 5 Ser A int ctfs '38-A&D15 3134 33 15M i 1554 4 50 50 50 50 50 . Extl s. f. 6s 1903 M&N Chili Mtge Bk 0Ms *57 , 13 9 13 60 70 75 96 96 85 5 M« Jaekaonv 8 D No 1 5b Apr '45 85 Miami 5 Mb 1932-35 M&S 45 48 M&S M&S O&A 45 48 45 48 45 48 45 48 45 48 80 »5 80 85 80 f 7s 1957 1st ser.A&O a f 7s 1957 2d ser.A&O Extl s f 7s 1957 3d aer.A&O Argentine Repub-— Internal 5sfaf *09) 1945M&S 4a £ loan of 1897—..—A&O Ext 6a of '23 1957A-M&8 lit g 6a 196S Ser B J&D Sink fund gold 6s 1959-J&D Extl a f 6s Oct 1959 A&O Extl sf 6s 1900 M&N Extl a f 6s 1960 A&O Bxt a f 6a(8tate By) *60 M&8 Extl 0a aanlt wka 1901.F&A Extl 0s pub wka 1961.M&N Extl 5Ms pub wka '62.F&A Australia (Commonwealth)— Ext 5a July 15 1955.J&J16 Extl 5a 1967 M&S USrtl 4 14* 1066 b Basis, t Per c . .M&NT u 15 16 52 F&A Institute 7s 1959 8s 1948J&J San Paulo (Brazil) State of 8% external loan 1936-J&J Ext'l 8s 1950 J&J Extl water 7s 1950 M&S s f 1 35hH 46 55 23 2454 16 mllr8la)— 6s(of 1928) '68-J&J — 11^ 5 7s 1940 (per 1.000 Extl A* 50 mmm 5454 s s 15 16 59 H 6054 Santa Fe (Prov) 7s 1942.M&S Santander (Dept) Colombia 38 45 Sec s A&O f 7a 1940 Sink fund 6M* 1946—J&D 27 40 41 35 3654 37 3754 2354 25 13 13 M 5Ms Mar — Ext 8 f 7s 1948 Extl 7s 1962 ser B M&N Silesia (Prov) Poland— Extl s f 7s 1958 J&D Sllesian Landowners Aasn— 84 82 M 1953—M&S Uh (Bank of the) 1st 6s '47F&A Styria (Prov of) 7a 1946.-F&A 3wealsh5Ma ext 1954— M&N Switzerland 5 Ms Ext '46. A&O 33 it* 83 % 102 ... mmm mmm m mm m mm 10234 Estonia 38 Taiwan Electric Power— Finland 45 M 45 Tolima (Dept of) 7s '47-M&N 17 43 48 75 Upper Austria (Prov) 7s'45J&D Extlsf6Ms 1957—J&D 15 Uruguay 8s ext 1940 F&A 3254 60 23 63 45"" |6 M 65 65 A&O B M&S M&S Extl a f 5 Mb 1958 F&A France (Republic or) 4s 1917 5% National Loan not red 18 32 33 s 33 31 German Govt 33 53 M 56 113! UK 14M 59 52 M 53 53 M 53 M 53 M 53 M 52 M 53 M 47 M 48 52 52 53 46 Ital 53M, 49 49 36 64 M Hamburg (State of) Germany Gold 6s 1946— A&O 32 Hanover (Province) Germany Harz W W 6Ms 1949 -F&A 20 Hungarian Land Mtg Instlt'n Mtg 7 Ms 1961 ser A—M&N 23 M S f 7 Ma 61 ser B(8 bds)M&N 23 M Hungary (Kingd) 7 Ms'44 F&A 51M Industrial Mtge Bk of Finland 1st M coll 7s July 1 1944 60 Irish Free State 5s 1960.M&N Italy (Kingd) extl 7s '51.J&D 88"" 5% IntGonsol —J&J U$40 Preatitw Litter I • 5s u$40 53 53 M 53 iff 22% 40 Haiti (Rep) 0% Ex'52 A.A&O 64 II| .J&D Gra*(Mun) Austria 8s*54 M&N 59 61 — 80 84 M 95 f 6s 1960 f 6s 1964 Sf 7s 1952 eer A 110M l'l 15a 36M 60M 25M WA 37 M 68 35 J&J 30 28 27 52 64 73M 88?! $41 $41 90 -A&O Berlin 0Ms 1950. 6s June 15 i»58 71 66 Antwerp (City) extl 5s '58J&D Bergen. Norway— Extl a f 5s 1960 M&S Extl s f 5s Octl5'49-A&Ol5 s 24 s mmm 25 40 SS** 78 25% 29 J&D 15 24 21 22 99M 99M 3354 F&A 35 38 41 mmm 2654 Bogota (City) extl 8a '45.A&0 Extl a f 0M» 1947 A&O Bordeaux (City) 6s *34--M&N Brisbane (City) Australia— 30-yr s f 5a 1957 M&S S f 5s 1958 20-yr 72 69*" mmm 3354 3454 A&O > FOREIGN CITIES, &c, Gred Consortium for Pub wka ext 7a A '87-M&S Pub wka ext 7s B'47-M&S Pub Util Oredit s f 7a '52J&J 32 33 s a $39M Prov & Communal (Cons Agric Loan) 6Ms *58 M&N M&N Venetian Prov Mtge Bank— Extl Baden Ext) s f 7s 1951 36 5854 J&J - $49 $40 M Interrmt— Greek Govt s f 7s 1964—M&N Sink fd 8s 1988 F&A 14 M 12 M 12 58 523a — German II* SffiMs 1971 Extl German extl 7s 1949--A&O 15 12M tA 47 5M% loan of 1930-65.J&D Bks 13 M 1334 13M 1334 53 47 before Jan 1931—O-" »$38M M&N t$48 6% Natl loan of '2C-J&D16 r$39M 7s ext of 1924-1949—J&D 109 % 7 Ma External 1941—J&D 111M 5s premium 1920 28M 49M Ext'l s f 7s 1950 Extl 8 f 0 Ms 1950 25 fl2 Glass 75 22 (Rep of) 7s, 1967-J&J (Repub) 6s '45—M&S 6Mb Mun loan '54 cl A A&O 75 65 Basis $5 to the £. 1,000 guilders, iMj 954 J&J 1959 Rumania (Monopolies) 48 29 s 11 9 6 Ms f 1906 48 32 Extl Extl 11 8 48 F&A A&O f 7s ser D 1945—J&J M&N J&D J&D 7s extl 43 26yr 7a 1946 A&O 26yr 7a Jan 15 1947 —J&J Akershus (Dept of), Norway5s 1903--..M&N Antloquia Go! (Dept of)— Extl s f 7s ser A 1945—J&J Extl s f 7s Ser B 1945—J&J Extl st 78 ser O 1945 J&J s 58 43 FOREIGN GOVTS. Agrlcul Mtg Bk (Colombia) Extl 3054 7154 Serbs Croats & Slov (King of) Ext 8s 1962 M&N s Extl 1947 33 20 Salvador (Repub) Dutch E Indies 6s 1947—J&J Extsf 6s 1962 M&S 50 •mmm 5254 5354 18 f 8s 1940 Russian 6M» June 18 '19.J&J 5 M % Ext Ln Dec *21—J&D Extl 5 Ms Nov 1953--M&N f 6a 52 M A&O s Extl sf 7s 1907— 8 f 6s 1968 B__A&0| J&J Ext'l 5Ms 1955F&A Trust ret* 4 Ma 1982-A&015 Dominican Rep 5 Ms '42.M&S 5Ms Oust Adm 1940—A&O 2nd ser 5M« 1940 A&O 70 mmm 53 53 M 32 30 M 69 . mmm 654 f 8s 1952 ser Ext 70 f 6s 1948 7 25 70 ■ Jg 38 34 60' 43 s 7M 11M 6M 6M 52 M 5554 1154 34 M&N 654s 1959 60 Guar s 20 f 45 Guar 53 M A&O e St Augustine 6s 1955 , 68 80 90 87 Extl PubWksJune30 '45J&D «% School 1932-1951—J&J Pinellas Co 6s 1940 West Palm Beach 6s 1931-'40_ Certificates 67 M 67M Denmark ext 6s 1942 65 80 70 65 65 71M 6954 68 Saxon State Mtge Institution Sink fund 7s 1945 -J&D Extl 65 55 72 75 75 55M Brazil ext Czechoslovak Republic— Ext s f 8a 1951 ser A—A&O 62 55 75M > 73 M 73 M 69 Queensland (State) 7s "41 A&O Ext g 6s Feb 15 1947 F&A16 Rio Grande Do Sul (State) J&J J&J Oundinamarca Dep(Oolombia) 85 55 6s 1952... 47 72 J&J M&S15 Extl s f 8s 1950 Prussia 6 Ma 1951 48 46 Poland (Rep of) 0s 1940-A&O Stab o I s f 7s 1947.A&O 16 11M 47 46 seen I 7b 1959M&S Nat Loan extl 6s 1960 J&D Extl 8 f 6s 1961--—A&O Serial 5Ms 1933 Serial 5Ms 1934— 85 80 46 Peru 6Ma June 30 1932.J&D 31 5M« Dec 31 1932--J&D 31 5 Ms June 30 1933--J&D 31 Serial 5 Ms 1932 J&J 48 45 rnm<mm New South Wales (Australia) 5s extl 0 f 1957 F&A Extl a f 5a 1958 A&O Met Wat Serv & Dr Board 12 15 25 12 10354 «103 M 12 Ouban 5s 1944 opt 1911--M&S "Extl" g 4 Ms '49 opt—F&A "Extl" g 5a 1949 -F&A "Extl" a f 5Ms *53—J&Jlfi 85 85 103 M A&O Panama (Rep) ext5Ms*53j&D Extl s f 5s 1963 M&N15 7 Hukuang Rye 5s £_.J&D16 / 5s of 1890 £ red 1933— A&O I 99 4.50, 4 50 4 Ms of *98 £ red '44—M&S I 80 M 27 34 Colombia Rep 6t 1901 J&J Extl s f 6s (1928) 1901-A&O 2634 Oolombia Mtg Bk— 20-yr s f 6Ms 1947—A&O Sink fd 7s(of 1926) '46 M&N Sink fd 7s (of 1927) '47 F&A Cordoba (Prov) Argentina— Extl s f 7s 1942 J&J Costa Rica (Rep) ext 7e'51M&N 13 9 — J&J M&S Parana(State of>Brazil 7s 58 Pernambuco (State of) BrazilExtl 9 f 7s 1947 M&S J&D31 14M - Norway Municipalities BankEi-tl s f 5e 1967 J&D Guar n f 5s 1970J&D 50 9 33 A&O Extlsf 0s 1944 -F&A 6s Ext Oct 15 1952.A&015 40-yrsf 5 Ms 1905 J&D 35-yr extl s f 5« '63—M&815 12 5 f gu 6 Ms Jne 30 61.J&D 31 3 f gu 6s 1961 A&O 5s 1902 —M&N Ohinese Government— 32 f 7a 1957 a Ms 1950. A&O Norway ext 6s 1943—F&A If 14 4.75 85 J&J •■Impt 1932-1937 P&A St Petersburg 5 Ma 1949—J&J 5Ms 1932 1953 J&J 5 Ma June 1954 J&D 6a 1931-1938 -1 Tampa 5a June '55 op '25 J&J •■WW Purch '32-72.F&A 4 Ma Impt 1932-37 -J&J — 12 4.75 254 2 70 f 5s 1972 ser IX J&D Ext 0s 1954 12 f 6s Sept 1961..M&S 4M 59 s 6e 1972 series B 3634 3634 38M 1534 Extl Ry ref 6s 1961—.J&J Extl s f 6s 1962 M&S s 454 154 1 15 5s June 30 1955 Netherl'ds 6s '72 (flat) 42 Extl mmm 454 8f 6 4.50 — Newfound 8Mb 1936—J&D30 5 Ms 1939 J&J 5 Mb 1942 & 1943 J&J 83% 75 34„ 1234 Chili (Rep) ext 7a 1942.M&N Extl a f 6s 1960 A&O Extl s f 6s Feb 1961—F&A 3 5 fi a 14 14 Secured 19M 35M 15 Farm loan 6s I960.—J&J15 Farm loan 6s I960 A&015 3054 Mtge Bank of Jugoslavia— 95 3834 36 34 3434 2054 37 J&D 7s 1948 17 s Exch 5534 A&O 1946 sec Cent Agrlcul Bank (Germany) Farm loan 7s 1950—M&815 10 1959 ser A.M&S Mtge Bank of Denmark— 35,, 450, Jacksonville 5s Jan 1 '36. J&J 5s Jan 15 1934-45—J&J 15 - . 36 Extl 6Ma External s f 7 Ms 1946-J&J Cauca Val (Dept of) Oolombia Extl 5 50 Palm Beach 6a 1931-1962 Penaacola 4Mb ref 1941— A&O A&O 68 58 Mlnas Geraes (State) Brazil Extl 6 Ms 1958 M&S 33,, 7 4.50'% 4.50 % 91 - f 7s 1952 P 62 / / Internal silver 3s.. 13 12 s 64 MM £20pleces— Internal sil ver 5s 13 I 1915 (£20 pieces). £100 and £200 pieces 14 F&A Bulgaria (Elngd) s f 7a '67 J&J Sec ■ f 7 M» stabilization loan 1968 M&N 15 Caldaa (Dept of) Colombia to 4.501% to 91 4MB 19361938— -A&O 4Mb Munic Imp'32-'55M&S 6s School 1940 J&D Miami Beach 5 Ma 1932 5Ma 1933-1935 M&N 5 Ms 19361939 M&N 534s 1940-1950 -M&N Orlando 5 Ms 1931-1952 Orange County 5s 1944—J&J 5B 1952-1953. -J&J £100 and £200 nieces Treas 6 % notes *23 ext to '33 - Ext to 4.50 40 6b 1932-1939 5s 19461958 5s 1933-1935 Extl 4sof .. Extl 7 Ms 1947— ■ f 6Ms 1961 to 4.50 J&J 5Ma Jan 15 1934-45-J&J 15 4Mb Feb 1937 F&A 16M 66 M 14 - 61 78 66 M Net. 5 20 20 % — Ask. External 5s of 1899— of 1904 13 Extl to 4.50 M&N 1932-1935— 2t* , to 4 50 to 4 .50 4.20 4.20 FLORIDA. Oaral Gables 5Ms'31-'56-A&0 Duval Go 5Ms'32 op'12 59 Armory 1944— 6M 4Mb War Loan '32-'45 J&D I 95 94 M 5Ms f Feb 1 1937 F&A 55 4c fund 1990 opt 1960.M&N 63 M 5« war loan "47op*29-_J&D Buenos Alrea(Prov)6s '61M&S 3334 to 4.50 — J&J No 2 29 4a of 1889— 4Mb *60 opt any dace 105.J&J 4MB 1961 opt '22 at 105-J&J Direr Spec 8 D 5a *32-'46 A&O Kent Go 4Mb 1945-1950.M&S NewOastleCo 4 Ms'32- 34J&D 5MB 19361944— J&J Sussex Go 5b 1933-1970 J&J 4MB 1934-1953 A&O Wflm'gton—4Mb ,82-*37. A&O 4MsBldg—Gnn'53-'82. M&8 4Mb 8 F 196603 (a-a)_A&0 4 Ms 193650 (s-a) A&O 5s 1947-1949 S&O 4s 1936-1937 A&O 4s 19361941 A&O 4b 1942-1948A&O 5b 1932-1937 Dade Go Spec Sch Dist s 4a of 1910— to 4.50 „ 92M Bremen (State) 7a 1935..M&S DELAWARE. 6s Impt 1931-1938 J&J 6s Ref & Impt '36*50 var__ Dade Go 5a Oct 1947-'54 A&O 80 14 4.50,% to *>% Japanese Government— 4s £ '54 opt *10—J30 & D31 1 S f 6Ms 1954... -F&A Extlsr 5Ma 1965 M&N Oriental Dev Go 6s *53.M&S Orient Dev Co 5Ms '58M&N Lower Aust(Prov)7 Ma 50J&D Maranhao (State Brazil ' Ext a f 7s 1958——M&N Mendoxa (Prov) Argentina 7 Ms extl a f 1951 J&D Mexico (U S of)— 8534 5a of1S95 to British—Oons 2Mb op *23 Q-J 4a Water 1932-1939-J&J15 4b Water 1940-1965--J&J15 Ask. 87 M 94 Bid. Bonds. 33 Belg Govt extl 6Ms 1949 M&S External s f 6s 1956 J&J Extl sf 7s 1955 —J&D Stablliz'n loan 7s 1956M&N Bogota (Mtge Bk) 7a May '47 7s Oct 1947 A&O Bolivia (Rep) Ext 8a '47-M&N Extl 7s 1958 —J&J Extl s f 7s 1969 M&S Brazil 8% ext 1941 J&D 7a Gent Ry elec 1952—J&D 8 f 7 Ms (coff.sec.*22) 1952Extl s f 6Ms(1926) '57.A&O Extlsf 6Ms(1927) '57-A&0 to 4.50 % to 4.50 % •434 Scb 1932-1965.-M&N 4Mb High Sch 1932-'59 J&D Stonlngton 4Mb '1933--A&O Torrlngton *5Mb 33-'35_J&J •5Ma Fund 1930-*41 J&J 4MB JuJy 1 1939 J&J WaUingfora (Town) 4Mb 6 1933. 38 43. *48. '58— Bid. To or or Bonds. Net. to 4.50 — Sob Mcb 1932-1958.... Improv t '32-'39_-J&J Yield Basis Yield Basis Yield Basis Bond* 101 MUNICIPAL BONDS a t - 6s 1950 Chilean Cons Municipal LoanExtl s f 7s 1960 ser A..M&S mmm 48 J&D Budapest (City of) Hungary Ext) a f 6a (of 1927)'62-J&D Buenos Aires, Argentine Rep_ Exten QMs 1955 ser B.J&J Extl sf 6s 1960 Ser G2 A&O Extl s f 6s 1960 ser C3 A&O Call (Colombia) • f 7s '47.M&N Carlsbad (City) s f 8s *54. J&J Chrlstlania mmm mmm 20 21 mmm 47M 48 mmm 40 11 15'" 75 7854 10 12 mmm mmm mmm (Norway)— 30-yr b f 6s 1954M&S 30-year « f 6s 1955—M&N 75 1* mmm 68"" mmm 27 mmm 70 I / Flat price. I In London, m Dollars per rubles flat, n Nominal, p Per £20. r Canadian price, a Saleprlet. Dollars per 1.000 lire flat, v Dollars per 1,000 francs, to Dollars per 500 francs, v Per £200. * Per £300 bond. ' AND STATE 102 F&A 5s 1953 Dresden (Ger) extl 7s '45 M&N Frankf't (Ger) 781932 A&O 7s 1933-1934 A&O 7s 1935-1945 A&O Extl s I0Ma 1953 M&N GermanCons Munlc 7s'47F&A Cons munlc 6s 1947—J&D Hanover (City) Germany Extl conv 7s 1939 M&N Havana—1st 6s 1939 Q-J 2d 6s Q-J _ 40M 28 — 3024 100 100 0M« 5 99Hi 66 22 M 24 27 M 12 M 10 88 67 87 H 67 H 91 8 38 50 60 56 36 57 M 37 60 65 71 Hi 72 90 90M *90~M 89 "9lj 89 j 4Mb Jan 15 1957 J&J is Jan 15 1942 J&J15 s July 16 1958——J&J is Apr 1 1961 A&O [s June 11967...—J&D _,!■ Apr 1 1935 A&O Brit Ool (Prov) 5s '48-J&J 15 6s Apr 25 1954 A&O 25 4Ms 1932 J&D29 4 His 1933-1946 J&D29 4Ms 1947-1956 J&D29 4Hs s f deb Jan 23 '69 J&J23 F&A15 J&j M&N J&D15 f Nov 1 1956—M&N 4 His May 1954. 4 Ht Jan 1944.—.. is ~ J&J A&015 > 1934-1935 A&OIS a 1936-1939 A&015 s 1940-1951 A&015 ]s June 1 1971 J&D 4s May 1 1933 « M&N 4s May 1 1944 M&N 3 Ms refdg May 1939.M&N MetrsD-Co 4 Ms '53. '54 &'fll [s 1932-1933 _ 4His May 1 1965 M&N Harbor Commissioners— 5s Nov 1 1969 M&N Jlew Brunswick 3Ms '33.J&J 4His non call 1958.M&N 15 4Hs s f Apr 15 1961 A&015 4Mb 1955. M&S North Vancouver 5s *60_.I&J n Nominal, 90 85 70 80 70 80 75 70 90 65 60 85 65 75 60 70 80 65 65 65 75 65 65 60 75 75 70 70 80 60 70 60 70 70 80 70 80 60 60 J&D 1932-1947 75 75 Elgin Sanitary Diet— 5s M&N 1932-1944 0.50 Evanston 8 D No 76— 4 Ms 1935-1948 Granite City 4Mb J&J2 1934^48 6 5.25 5.50 5.50 5 Jackson Co 4 Ms 1930-1944— Lake Co 5s road 1932-35-F&A 6s Road 1930-49 F&A 69 65 -— 5 - Mollne 4 Ms 1932 River Forest S D No 90 J&J 4Ms 1932 1947 Springfield Sanitary District— 4Mb 1932-1944 J&D INDIANA (see footnote k) o4s *32 '33. M&N Cass Co 15 Elkhart 4M« WW '32 '75 A Evansville *4s ref 1942 J&J Fort Wayne— 4 Ms 1933 to 1941 1942 to 1946 A&O A&O A&O 1947 to 1957- Wort Wayne Sch D 5s 193d.. *Gary Sch City 4 Ms Oct 1943. Hammon (City)— 4s O H 1942-1956—J&J30 Indianapolis— J&J « Ms Track Elev *33 '47 *4s Fire Dept J'ne 1 *41 14 J&J '40J&D15 *4 Ms Sch J ne 15 *4 Ms 1932-1955 J&J *3Ms Hospital 1930 -J&J *3Mb City Hall 1939 -J&J k Indianapolis 8 D— *4s Bldg Sept 1 1940—J&J *3M« July 11941 J&J *5s Oct 20 1932 -39.A&O20 4Mb 1942 and 1967—-F&A 48 St Imp Sept 9 '32_M&S$Verdun deb 5s 1954 Winnipeg, Man. 5s *44—A&O 4Hs non-call 1944 M&N 4Mb June 1 1940-. J&D 4Kb June 15 1950—J&D16 4s Aug 1 1940 F&A16 Logansp't *4Ms'32-'37 J&D15 So Bend *4 Ms W W '43-M&N *4Ms W W Dec '43—J&D *5 Ms 1941_ M&S GEORGIA — South Bend School City— 4Mb ref 1935-1945 J&J 3 His Jan 1933-1935 J&J Albany—5s 1945— J&D Athens—4Mb June 30 1943-. Atlanta—4 Ms Jan 11940-J&J 5s Water 1933-'37 J&J 5s Water 1938-'51— J&J 4 Ha 1933-1950 J&J 3 Ms July 1 1933 J&J Augusta—4 Ha Flood '42M&N 4s refunding 1934—..J&J Clarke Co 5s 1932-41 J&J Columbus—5s 1932-44—J&J Oordele 5s W W *33-'38—J&J 4Mb Refunding 1939.-J&J Bibb Co 4Kb 1948-49—M&N Crisp Co— Hydro-Elec 5s '32-'57-F&N Dougherty Co 5s '32-'48 M&8 Macon 4 His W W 1932-36.J&J 4s Pav & Sew '33 to '39-J&J Marietta 5s W W 1939—F&A Pulaski Co 5s 1932-48 J&J Rome4sMunlcbldg'32-,39A&0 Savannah—4 Ha ref 1943-J&J 4 Hi s Drainage 1944—F&A 4 Ms Refunding 1959—F&A Spalding Co—5s 32-'49—J&D 5 5 4% 4% to to 3.75 3.75 4Mt Impt INDIAN 5 4.50 5 4.50 to 4.25 5 4.50 to 5 4.50 to 4.25 IOWA 4Mb 1932-1933 J&D 4 Ms 1934-1940 J&D Burlington 4 Ms '32 '33.M&N Cedar Rapids 4 Ms *49-'63M&N Davenport Indep Sch Dist— 4M 1939-1940 M&N 4Mb 1940-1941 M&N b 4.25 5 4.50 to 6 4.50 to 4.25 5 4.50 to4.25 5 4.50 to 4.25 5 4.50 to 4 25 6 4,50 6 4.50 25 to 4 Des Moines 6s *32-'57 to 4.25 6 4% 6 4.40 6 4,40 6 4.20 6 4.50 100 to 4 25 to 4.25 to 4.25 4.75 4.75 4.90 to 4.60 % to 4.60 % to 4.50 to 4.80 % to 4.60 to 4.80 to 4.60 - to 4.25 to 4.25 to 4.25 6 4.50 to 4.25 6 4.10 to 4.25 % % 4.60 % to 4.60 % to to 4.60 % Marshalltown Ind S D— 6 4.50 5% 5s City Hall 1932-39—M&N 6 4.75 % % 4.90 % to 4.80 to to 4.60 Marshalltown— A&O 6 4.75 4Mb Water 1932-42 to 4.60 4 Ms Water 1943&'44—A&O 6 4.75 Ottumwa 4Mb June 1930 5 4 75 Polk Co 4Mb 1932 A&015 6 4.75 to 4.60 to0% to 0% to 5a Funding 1932-35 J&J 5 4.75 Sioux City 6s '35-'45—F&A16 6 4.75 6s Ref Aug 15 1940—F&A16 6 4 80 to 4.25 to 4.60 M&N 6 4.80 J&J 5 4.75 4Mb Sewer 1932-47 Sioux City 8 D 5s 1941 to to 4.60 4.6'' 4.60 to 4.60 to 4.70 to 470 to 4.70 to 4.70 to 4.60 KANSAS. 4Mb 1932-1933 J&J 4Mb Soldiers Compen *84-*52 4Mb 1932-1939 4Mb 1940-1949 4Mb 1950-1963 4b Soldiers Comp 1953—J&J 48 Soldiers Comp 1954—J&J Crawford Co 4Mb 1939 - to 4.60 to 4 60 to 4 b 4 60 4.50% 6 4 60 4.50% 4.50% 4.50% 4.50% 4.40% 4 40% 4.80% 6 4.60 6 4.60 6 4 .60 6 4.50 6 4.50 6 4 90 Hutchinson— 70 4Mb Pub Bldg '01 op '81 J&J 6 4.90 4 Ms 1933 6 4.90 6 4.90 4Mb 1939 to 4 60 to 4.70 4.75% ' 75% — to 4.65 Kansas City 5s 1942 4.60 4.60 F&A 6 4.95 4Ms Wat & Light 1944.J&J 6 4.95 4Mb Wat Plant Pur "39 J&J 6 4.95 4.60 4Mb .60 6 4.95 Imp July 18 *49. 75% 4.75% 4.90 4.75% 4.90 * 4.75% 4.90 4.75% 4.90 Board of Education— 4Mb - J&J J&J J&J J&J J&J to 4.60 J&D 6 4.90 5s Fire Fund 1932-33—J&J 5 4.80 5s Police Fund '32-'33-M&N 6 4.80 Champaign County— 5s Road 1932-1943—M&N Chicago 4s'33 to 1935....J&J a to 4.30 6 4% 6 4.50 to — k Tax-exempt under to 4.30 4.40 4.75 4.60 4s 8ept 1 1945 M&S 6 4.75 Fort Dodge 5s Fund *39—A&O 6 4.90 Fremont Co 5s 1932-35—J&J.6 5% to 4.40 6s 1937 1939 1933-1941 4s 1933-19344s 1935-1930 4« 1937-1950 J&J^ 4.40 0s Gen Obllg 1932-40—J&J 6 4.90 Des M Ind 8 D 4Ms '32.. J&J 6 4 75 4 Ms Sept 1 1945. M&S 6 4.75 4Mb 1944 6 4.75 4Mb W W 1932-42 90 4Mb Serv Comp 1932-43 F&A 4Mb Aug 1 1932-38 F&A 4 Ms 1932-1943 F&A 4Ms 1932-1944 F&A 4s May 1 1932-1935 M&N 4s Highway 1932-1940--May 4s Highway 1941-1943—May 4s Highway 1945-1954—M&S 4s 1945-1950 M&N 4s 1945-1958 M5-N Bloomington Township H 8 Dist No 200 4 Ms '36-'46 Jan Oklab oma). 4.25 ILLINOIS 4s (See to 4 25 Impt 1941 A&O Cap Bldg 1933-39—J&J May 1 1932 opt 1921. J&J Highway '35 opt '25..J&J 4 Ms HIghw 1937 on '27 J&J 4Mb Ref 1932-1933 A&O 4 Ms Ref 1934-1935 A&O 4Ms Ref 1930-1939 A&O 4 Ms Ref 1940-1945 A&O Boise City 8 D 6s 1940 J&J 4s Jan TERRITORY to 4.25 5 4.50 1939-1948-F&A F&A 6 4.95 1933-1953 J&J 1933-54..J&J 4MB 1932-1953 Sch Dist 4Mb Leavenworth— 6 4.95 6 4.95 4.75% 4 90 4.75% 4.90 4.75% 4.90 80 85 75 75 80 4Ms Water 1933-1947—J&J b 4.80 4.65 80 85 Leavenworth Co 5s 1935..... 6 4 65 McPherson 4Mb 1946....... 6 5% 4.50 80 77 85 75 85 Reno Co 5s 1941 Saline Ho 4Ms 1945 ....... ... 6 4.80 6 4.70 4.70% 4.60% 4 50% law approved March 9 1903 and which went into effect April 23 1903, bonds Issued after basis, o Tax-exempt, under a law approved March 13 1909, and s Sale price . thatdate by State or municipal corporations are tax-exempt, and these sell on i better which went into effect Sept. 85 80 70 70 70 — '90 Net. 85 80 4s Sept 3 1937-*41 4s 1932-59 M&N15 Toronto 3s 1932-1940 J&J da 1940-1950 -J&J 5s 1932-1934 J&D 5s 1935-1939 J&D 6s 1940-1949 —J&D 5s 1950-1959 J&D 4M 1932-1933 A&O 4Ms 1934-1935 A&O 4His 1936-1937 A&O 4Mb 1938-1939 A&O 4 His 1940-1941 A&O 4Ms 1942-1945 A&O 4Ms 1946-1961 A&O 4s £ July 1 1948 J&J 3Ms July 11944-45 J&J Vancouver, B 0.5His '39 A&O 5Hs 1952 F&A Montreal 5s Dec 1 1945-J&D f Fiat price, A&O 4Mb 1932-1933 4Mb 1934-1930 A&O 4Mb 1937-1950 A&O Chicago SaDltary District— 4MB 1932 1933 M&N 4M» 1934-1938 M&N 4Mb 1939-1948 M&N 4MB 1932 J&J s 1933-1936 J&J s 1937-1949 J&J s Jan 1 1950 J&J J&J 1932-1945—. Ohlc So Park 4s '32-'39 var— 4s 5Ms 4Mb 4Ms 4Mb 85 77 77 70 85 4s 1940-1945 var IDAHO Manitoba (Prov) 5s 1944J&D2 6 Basis, % to 6.50 5s 1940 & 1941 var__ 5s 1945 & 1946 var 5s 1950 & 1951 var... 5s Jan 15 1970 J&J 1933-1937 4Ms 1935-1943 -J&D 4s Ser M 1932-1933—J&D 4s Forest Pres "32-'34-A&0 7% 1955 Ask. M&N 4s 1935-50 M&N Chic West Park 4s 1930-41.-. Cook Co 4Mb '32-'40—A&O 4M8 For Pres *32-'43_J&Jl5 7%, 5 1932-50—A&O Valdosta 5s 1933-1942 Jan 6 4% Ware Co 5s Road 1932-49-J&J 5 4.40 Watkins S D 0s 1932-50JM&N 6 5.50 Woodbury 0a 1932-49—-J&D 6 5.50 Halifax N 8 4s July 1945 s 6.50| % to 6.50 Hydro Elec Pow Com— 5a Jan 1 1935J&J 2 4Mb Jan 1 1970 J&J 2 Ottawa City 5s '32-"45—J&J 9s Munic Imp '32-'50—J&J 5s July 1 1932-1956 J&J 4Mb 1934, 1935, 1944- J&J 4 His 1932-1937 J&J 4 His 1938-1942 J&J 4H» 1943-1960 J&J Quebec (Province)— 4Kb 1950 opt 1946—M&8 2 4Mssf 1961 M&N Quebec City 3Ms 1933—J&J 5s 8 P (non-call) 1960 M&N Saskatchewan (Province)— Swalnsboro 5s June 15 1935 J&D 16 5s July 11945 J&J Edmonton (O) 5s '45&'50 A&O 6s s f 1955 & 1960 A&O 5s to 62 Alberta (Prov of) 5s '50A&O15 4His May 1 1945 4Mb Dec 15 1056 to 6.50 % to 6.50 UH 61 . 6b Jan 1951 J&J Hamilton—4s Apr 1 '32. A&O 4s Elec L & P 1941 A&O Lachlne P Q 5s 1954 J&D Maisonneuve Q 5 Ms '36.M&N to 6.50 % 4s Nov 16 1957 l Saarbrucken (City). German s 95 Ext 7s Mar 31 1935— A&< 38M 60 Extl s f 6s 1953 J&J Santa Fe (City) Arg Rep extl s 31 7s 1945 A&O s 30 / 10> Santiago (City )Chile7s'49 J&J2 / 10 15} Extl s f 7s 1901 M&N / 10 23 30 Sao Paulo Brazil 8s 1952 M&N 14M 15M Extl s f 6Ms 1957—M&N 15 SolssonB (City), Prance— 99 M Ext g 6s Nov 14 '36—M&N Sydney (City) N 8 W— 40 43 25-yr iffiHs 1955 F&A Tucuman(Clty)Argentine Rej 19 23 Secured 7s 1951 l&I deb 1936 Calgary 6s 1933 % % to 6.50 4Kb Mar 15 I960-—M&S 4s Nov 15 1935—-M&N 15 7s I960 (per 1000 milreis).. 4j|s % to 6.50 .—M&N 4l*s July 2 1945 Bio de Janeiro 8s 1946..A&O Extl s f 6His 1953 F&A CANADA Dominion ef Canada— JO-yr 4s Oct 1 1960—A&O 4Hs Feb 1 1936 F&A 5s refdg Oct 15 '43-A&0 16 6s Mar 1937 M&S 5s May 1952 M&N 5 Ms Vict Ln Nov '33.M&N 5Ms Vict Ln Nov '34.M&N 5Ms Vict Ln Dec *37—J&D 5His renew Nov 1932-M&N 5s N Serv Nov 15 '36M&N15 5s N Serv Nov 15 '46M&N15 to 6.50 5 4 His 17 _ Tokyo (City of) 5s of 1912Red ann s f beg '17-52.M&S Extl sfSHis 1961 A&O Trondhjem (City), Norway— ExtlsffiMs 195i M&N Vienna (O) extl 6s '52—M&N Warsaw (City) 7s 1958—F&A Yokohama extl 6s 1961—J&D to 6.50 1 5a 1943 (non-call)— J&D15 5s 1959 (non-call) M&N 99 Hi < 5s of 1904 —Rome extl s f 0Ms 1952—A&O Rotterdam (O) ext 6s *64_M&N to 6.75 to 6.50 4s 23 92 90 J&J F&A 4s 1933-1937 4s Ohlc Line Pk 4s *32-'48 M&N 4Hs 1932 M&N15 4Mb 1933-*34—M&N15 4MB 1935-'38 M&N15 4Mb 1939-70 M&N15 1932-43-M&N 15 1944-57.M&N 15 May 15 1958-68.M&N 15 Bid. Chicago School District— A M&S M&S15 M&N15 Ontario (Prov) 6s '43- M&S16 4 Ms 1944 M&S 4 Ms Jan 15 '33-*47—J&J15 4 His Jan 15 '48-'67-J&J15 Deb 5s 1960 Deb 4Ms Sept 15 52 Deb 4 His 1960 1941 To or Bonds. Net. Nova Scotia(Prov)5s 1934F<* 4a Hungarian Cons Munlc Loan .J&J ■ i g 7 His 1945. ] Extl s f 7s Sept 1946—-J&J Leipzig (City of) 7s 1947—F-A Lyons (City) 6s 1934—M&N Marseilles (City) 6s '34-M&N Medellin (Munlc) (Columbia) 7b extl Deo 1 1951 6Hs 1954 Milan (Italy) ext 0Ms'52_A&O Montevideo (City) 7s *52-J&D Extl a f 6s 1959 ser A.M&N Nuremburg extl 6s 1952. F&A Oils ■ f 5Ms 1946 F&A Porto Alegre (City), Brasil— Sinking fund 8s 1961 J&D S f 40-yr 7 Ma I960 J&J Prague (Greater) City— 7 Jin loan of 1932-52—M&N Ask. 4s May 15 4s May 15 SVA Lima (City) Peru— Extl s f 6J4s 1958—M&J To or Bid. Bonds Ask. Copenhagen 4s of 1901-M&N hi June 1 1962 J&D Extl g 4 Ha 1953 M&N Cerdoba (City) Argentine Rep 7fl extl s f 1967 F&A 22 24 Extls f 7s 1937 M&N 15 33 59 M /Danish Cons Municipal Loan 5Ms 1955 M&N s 67M s 68 Danzig Port & Wat Ways Bd Extl • f 6M« 1952—— J&J Yield Basis Yield Basis or Bid. Bonds. BONDS MUNICIPAL Yield Basis 1 1909, bonds issued after that date by municipal corporations are tax-exempt and these sell on a better basis, \ STATE Yield Basis Yield Basis To or Bid. Bonds. Sedgwick Oo 4! 6 4.65 & 4 65 1940. 1944 Shawnee Oo. 4! Topeka 4*s 1932-1933—F&A 6 4.70 b 4.70 i*s 1948 Topeka 8D4H< 1932-46 6 4.70 6 4.75 Wichita 4*8 1932-36 Wyandotte County— 4*s Bridge '33 to *41—F&A 6 4.80 4*« 6 4.80 1932 1939 4*8 1940-1945 6 4.80 — Ask. lugusta 4s Oct 151932-55A&0 6 4.20 langor— 97 4a Ref Wat '35 {taxable).3A3 94 lath 4a Ref 1941 tax-ex. J&D Belfast 4*8 Ref 1932-1950-— 6 4.50 6 4.50 Blddeford 4s 1932-35 M&N 4.50% 4.50% 4.60% 4 60% 4.60% 4.60% Irewer 4.65% 4.65% 4.65% ; 4 *8 High 4s 1934 KENTUCKY —J&J 5.50 5.50 5.50 Ashland—5s 1932-37 M&8 4*8 SI "42, *47 & '52—M&S 6a WW Jan 15'33-'01 J&J 15 4.80 F&A A&O J&J 4*8 Fdg 1932-48 4.80 4*81935-1950 4*8 WW 1932-51 4a Pdg 1952 opt '42—-F&A 4*8 School 1932-69— Crittenden County— 5*8 Pdg Feb 1 *39-'49_F&A 4.80 4.80 4.80 6 [endei 5.60 34-"56 A&O _ 5a S D 1938 5% 4s Newburyport— 97 North 5s J&J 6 4.70 5% J&J 6 4.70 H '32-'45 tax ex-A&O 6 4.25 96 4s High Sch 1936 tax-exem. 4s O (taxable) 3*8 July 1932 to 1939-M&S Water District— 4a Funding 1938 J&D 4s Funding 1948———J&D Saco 4s April 1939-. A&O outh Portland Sewer Dist— 6 4.30 to Qulncy 3*8 '32 to '39-—A&O 5% 90 4.40 to Springfield 3*8 1935 97 98 95 97. 97 95 M&N ft 4.50 92 M&S 4.50 J&D 4.50 4.50 1937 J—J&.< J&J 4.50 4.50 5a 4.50 5b Gen. 94 4.25 4.25 4.25 4.75 5 Imp. 1943-45—Ia&8 A&O J&J J&J 4.50 4.50 3a Sew & Park 1941 ...J&J 4.50 M cOracken Oo—5s 1933-M&8 J&D Sewer Owensboro—5s Paducah— _ 4*a w w 1932-1970—-A&O Warren Oo—4*s '34-'69-J&J 1933-1939—M&N M&S 1946-57-M&N 4s 1933-1944 A&O 4a 1956-1965-x M&S 4s 1972-1975 M&S 4s School 4a 1945-1971 4a Regia'd itk LOUISIANA. 5a Port Comm'n *33-'59—J&J 5a Highway Dec 5a Dec 31 1938 15 *35-49 J&D J&J J&D 15 J&D 15 J&D 15 6 4.75 6 4.75 6 4.75 6 4.75 6 4.75 6 4.75 F&A15 _ 8 95 1933-1969 F&A Rouge—5a '32-'54-M&8 Bossier Dist Levee 5s '54-A&O 5s Nov 1958 M&N Caddo District Levee— 5a 1951 opt 1941 J&J Fifth District Levee— 58 1950 opt 1940 -JAJ 5a 1952 opt 1942 -J&J 5s Oct 15 1962 op *52—A&O 5s Oct 15 1963 A&015 58 1957-1967 A&O 15 5a 1959-1969 —F&A15 s 4.60% 4.60% 4.60% 4 .60% 4.60% 4 .60% 4.60% 4 .60% 1.60% Ann Arbor School District— 48 Sept 1935 A&O Battle Creek— 4a City Hall 1933-36-F&A Battle Creek 8 D— 95 I s 1960-67 , -J&J 3*8 gold July 1 1935 J&J l*a 1956 ref (tax-exem)-J&J 1*8 1937 reg (tax-exem).J&J 1*8 Water 1942 -J&J l*s gold July 1944 M&8 la Met Sewerage 1936—M&S Is gold July 1 1939 J&J Is gold Water Jan 1 1941-J&J Arlington 4s'32-'42(tax ex)J&J ittleborough— 3*8 March 1935 M&S Beverley 4a '32-'36(tax ex) A&O -1945 (tax ex)_M&N 4s 19324*s Sept 11981 100 5*8 W W 1932-1951—M&S Bay City Union 8 D— 80 4.75 91 91 99 98 68 Jan M&N 15 a 1933-1934 1935-1960 M&N15 M&N15 6 5.20 to 6 5.60 M&S 95* 96 88 91 93* to 6 5.20 to 6 5.08 to 5% 5% 5% to 4s Oct 1 3*8 May i 3a 46 (reg)-M&N F&A Bridge 1941 to 6 4.85 5% 5% 5% to 4.75 4*8 Flood Protec '33. M&S to 6 4.85 to 4.75 6 4.85 to 4.75 4*8 Oct 1 1934-1938—A&O 4*8 1932-1953 F&A 4*8 1932 F&A 4*8 1933-1935 F&A 4 *8 1936-1942 F&A 6 5.15 to 5% 48 1932 6 7.25 to 6% U?j& 5.50 to 5.25 6 5.15 to 6 5.10 to 5% 6 5.10 to 6 5.50 to 5.25 4s to 5% 5%-| to % to 5% 6% 6 5 10 6 5.10 te 5% to 6 5.15 to 5% 5% Chelsea—4s Park 1936—A&O 6 5.55 4s Sept 1 1958 M&S 6 5.10 4s July 1 1941-1956 Fall J&J 6 5.10 1932-1936 4*8 Holyoke 4*8 *33-'50 (tax-ex)—F&A 6 5.15 4*8 *32-'41 (tax-ex)—-J&J 6 5.25 J&J 4s June 1 1933 tax-ex—J&D 6 6.30 3*9 Dec 1932 -J&D 6 6.65 to 4.20 to 4.20 to 4.20 6 4.25 to 4.20 6 4.25 to 4.20 6 4.25 to 4.20 1934-1935 M&S 6 4.25 to 4.20 1936-1937 1938-1939 M&S 6 4.25 M&S 6 4.25 to 4.20 to 4.20 is 1940-1951 M&S 6 4.25 to 4.20 to 5% J 1940 tax-ex—J&J' — 4s 1935 & Muskegon S D 5b 1942—July Muskegon Oo 4 *8 1932"' 4* Pontiac—4*8 '32-'47— M&S 4i 1941-1957 ~ to 5.25 to 6% to 5% 5% to to 5.75 to 6% to 6% 6 5.50 to 5.25 % 6 5 25 to 5% 6 4.90 to 4 75 96 4*8 1946-1951 M&S 5*s Sewer 1932-1942 F&A 6s Wat Impt 1932-35—J&D 6a Wat Impt 1936-50—J&D Saginaw 4*8 sew '32-'33-J&J s Sewer I932-1949.F&A s Sewer 1932 J&D s 6.5Q to 6 5.20 to 6% 5% tax-ex.M&N 6 520 to 5% Sewer 1933-1961—J&D sWat Jan 2 *33-'39-J&J % e a a s County— bldg&bdge '32-'39M&N 1942-1949 A&O 1932-1941 A&O Wyandotte 4*8 1934—J&D 98 n Nominal. 0 Tax-exempt, under a law approved March 18 1000. and whlah went lot* effect Sept. 11909, bonds issued after munfcloal corporations ars tax-exempt and these, accordingly, sal) on a better basis. /Flat price, (bat data by 3 *s 1932-1942 — 993 993 o4*s Jan 3 1933-'36..J&J3 4*s 1937-104" ..J&D Muskegon 4*8 1933-'44..J&J 4a May 1 1934 M&N 4s 1932-1933 F&A 4s 1934-1938 F&A 4a 1939-1961 F&A Medford— Luburn— 96 J Lansing o5s 1032—...J&J15 058 Jan 3 1933 J&J3 6 6 50 6 96] M&N 5% Ltwell—-* 6 4.25 6 4.25 .M&N 1937-1945 to 4*8 4*a 4*8 4*8 District— F&A a SD Jackson Un S River— Mar 1 1932 M&S 1933-1937 M&S 1938-1941 M&S *32-"34 (tax-ex)—M&N 4s 1932-'56 (tax-ex) M&N Franklin (Town) 4*8 1932-44 M&N 6 5.45 Gardner 4s wat "32-'34—M&N 6 7.15 1953 1943-1960 3*s 1932-1933— F&A 3*9 1934-1937 F&A 3*8 1938-1941 F&A 3*s 1942-19C1 F&A GraudRaplds School District— 4* 1932 1943 M&S Highland Park— 04*8 Sept 15 1934—.M&S o4*s April 15 1957 Jackson 4*a 1932-47.A&O10 it 4*s Gen Impt "32-'54- M&N to 5.25 Everett—■ .7.. M&8 Grand Rapids 5s 1932-34-A&0 _ 1946-1949—A&O 4*81932-34 (tax-ex) .M&N 4*8 1937 (tax-ex) F&A Lynn— 4s '35-*39 (tax-exmpt).M&N 4s 1940-51 (tax-exmpt)M&N 3>^s 1932 (tax-exmpt)_A&0 en 4s *32-*44(tax-ex) F&A 6 Basis. 5s 1932-1954 4*8 Mar 11935-1939 5% 5.25 4a 1932-1947 tax-ex—A&O 6 5.15 3*8 Water 1932 M&N 6 7% Sew*32-'54-J&J 1 1932-1953--—M&8 4a HIghw & Bdge 35-39 M&N 1s HIghw & Bdge *4<M4 M&N ts State Pier 1933-1942-M&S is 1932-1933 M&S s Flint Union School Dist— to 4.75 _ Cambridge— M&N M&N 15 o4a May 11961 M&N oFlint 4*s *32-'54_—M.&S16 4*s 1932-1937 J&D 068 (Mar 15 & Apr 1) '32-'50 to 89 M&S 1944 o4b School 1948 to 5.25 6 5.50 6 5.10 1932-67--M&N2^ 48 Sept Is la School 5% 048 May 15 1950 6 5.30 Bd^e'32-*54-A&O; 6 4.25 & 1932 8 4.50 to 4.50 to 6 5.45 MAINE 58 Hway a to 4.50 Tunnel & Sub 1948-J&D 4s Sub 1957 tax-ex A&O 4a Sub 1958 tax-ex J&J 4s Tub & Sub'59 tax-ex J&J 3*3 1932-1951 M&S 3>*s Jane 1 1932 J&D 3*8 Jane 1 1934 J&D 3*8 July 1 1935 J&J 3*8 June 1 1943 J&D 3*8 Jane 1 1944 J&D 8*8 Jaly 1 1945 J&J Bralntree—4a 1932-1941J&J15 4s m 1957 to 4 50 6 4 80 6 4.65 6 4.65 48 5a Dec 1 1932-1969—-J&D 5a Wat Wka Kit *32-*40M&S Tensas Basin Levee 4.25 to 4 50 Is 1045-1967-————J&D 4*8 W W& 4*a May 2 J&J 6 4.65 6 4-65 92 Plaquemine Parish E Bank—■ 5a Oct 1952 opt 1942—A&O Pentchartrain District— D 6a 1944 M&N 5s July 1968 J&J "S'iEW 4.50 to "90" Parish Sch Board— 1936-1944 J&D B B District— Series B———A&O 5b Mar 1953 opt 1943-M&8 58 1965 Series D F&A to to 4.25 1936----—-—J&J Apr '32-'37 (tax-ex)-A&0 1932-1939 (tax-ex).-J&J Orleans 5a 1950 to 4.50 4s July Brockton— Red River A & 6 4.35 6 4.55 to 4.25 o , 5s J&J o6a Pub Serv 1933-51—J&J 05*8 Nov 1 1945 —M&N o5*s Pub UtII *33-'51-J&J 5*t Sewer 1933 1951—J&J 5s Pub Impt 1933 -51—J&J o5s Jan 15 1936-42—J&J16 04*8 Pub Lib 1948-J&J16 4*8 Jan 1 1933-1942 J&J 4*» Jan T 194H-1957. J&1 o4*s 1932-1933 M&N 0 4 *8,1934-1935 M&N 0 4*s 1936-1937 —M&N 0 4 *8.1938-1951 M&N 4*8 1942-1962 J&D 4*8 Jan 1 1957 J&J 4.65 6 5.50 4a Floating 5s City 4a 1934 00s 1936 Dearborn 5s 1938— Detroit— 98 6 4.85 4*9 Tun 1960 tax-ex„A&O 4*9 Dec 1976 J&D 6 5.05 Ja 1932-1977—---A&O debt 1948-A&0 4a Constitutional 1942-J&J 4s Public Impt 1950 opt 1942 (old issue) J&J 4s Pub Impt '42 opt '21.J&J Orleans District— 5a July 1932-1939 J&J 5a July 1940-1949 J&J F&A 100 Bostnn 6s Dec 1952 opt 1942—J&D New Orleans 5s Octl 932—A&O 5s Pub Belt RR *39-'49-J&J J&J F&A — _ J&J F&A 4*8 1933 4*a 1934-1937 4*s 1938-1949 Bay 1932-52 (tax-exempt)—Var 6 4.40 6 4.60 is Water registd 1932-'68_J&J 6 4.85 1944—J&J J&J J&D J&D 4*1 Highway 1943 F&A 4*s Highway Impt 1937 A&O 4s Highway Impt 1942--A&O 100 48 1928—-J&J 5s 1956-1970 A&O Lake Borgne Diet Levee—_ 1950-59 Oct 15 1941 5*8 Highway 1941 5s Highway 1940 MASSACHUSETTS 5a Jan 1937 opt ia footnote °> J&J15 A&OIS 96 5a 1969 5s 1972 Lafourche Basin Levee— 4*8 1933-39 U 1940-49 July 15 1941 96 Hagerstown— 5s Water 1938-1987—A&O 4*8 1936-1986A&O Montgomery Oo 4*8 1939-1968 M&N Washington Sub San Dist— 4*s Sewer g 1973 J&J 5s 1950-59—J&D ,75% .75% 101 page MICHIGAN (See Baton 5s Pub Belt 6 4.90 _ P&A15 5s Sept 1932-1972—M&815 5a Dist ref & imp *49—M&S 5a Jan 1954 opt Foreign Govts, 96 3*8 Refunding 1952—J&J 3 *8 Sewage Impt '30-A&O Cumber'd 4*8 W W '41-A&O J&D 15 F&A15 F&A15 Atchafalaya Levee Diet— 6 4.75 6 4.75 3*a Impt 1940—J&J 3*8 Mar 1945 M&S J&D 15 J&D 15 4*8 High 1940-45 4*s High 1946-49 4*8 High 1950-55 4*8 1933-1934 4*8 1935-1937 4*8 1938-1941 4*8 1942-1952 See 4.80 4.80 4.60% 6 4.75 4.60% 6 4.75 4.60% 6 4.75 A&O 6 4.75 4a 1933-1957 4*8 High 1934 4*a High 1935-36 4*8 High 1937-39 1939-1943 A&O MEXICO 5 5s registered 1970 Winchester 4s .25% 6% 5 1946——M&S 4*8 Mar 11932-'55—M&S 4*8 Mar 1 1955 M&S 4s Aug 1 1951 F&A 4a Annex 1954————J&D 4a Parks 1955 M&N 4s Mar 1 1961 M&S 4a Aug 1 1961 -F&A 5s Water 1901 4.50 Ref 1943 6 5.40 6 6.65 Wellesley (Town)— 6 4.90 4s Mar 1 1932-1946—M&8 5 4.50 3*8 F&A Vatertown—4a 1932-34— J&' 6% 6% .25% 5% 5 F&A 4s Jan 1 Water District— 4*t 1933 1953 4.25 A&O 1932-1961 4s Sewer 1965————F&A 4s Lou W Oo 1959 6 6.75 J&J 4*a 1933 is Aug 16 1932-33—F&A15 is Rd & Bdge *32-'40 J&D 15 is 1932-1942 J&D15 .*9 1932-1942 -J&J Annapolis 4*8 W W '42.A&0 B tltimore—5a 1932-1946 M&S —F&A Ref July 1 4s Sewer 1947 6 6 7.15 Wakefield 4a 1932-1933-A&0 6 5.45 Waltham 3*s 1932-45—F&A 6 5.10 4s 1932-1960 F&A 5% to 6 F&* 6 M&N 4*8 1934 tax-ex 5% 5.25% 5% 5% 5.10 5.65 5.25% 6% 5.50% 5% 5.10 5% 5.40 4.65 4.50% 5.25 4.75% Taunton— Warren 6.10 4.50 J& 5 .50% 6 5.30 6 4a 1935-'44 (tax-ex) _ 70 5% 6 5.55 Tax exempt 97 .50 6 5.30 lalem 4a Jan 1 *33 -'54 tax-ex 6 Somervllle 4a Dec 1 1934 A&O 6 4s July 1 1932-35 J&J 6 4s July 1 1948-50 J&J to 4.35 6%\ 5.30^ 6 6.20 (tax-ex)—J&J Plttafleld— 4s 1932-1937 tax-ex—J&J 15 1932-1939 'ortlana Bridge Dist Andover— 1932-'34 5% to >ld Town Water District— Portland 6 3*8 Water '32 to *34—J&D 6 Newton 4s 1935-.—— F&A District— 93 4s Ref May 1 1959—-M&N Littery Water District— 5s Jan 1933 to 1938 J&J 6 4,70 4s July 4s July .50% .50% 193: 97 96 —J&J {taxable) 5% 4s MARYLAND Hospital 1951 M&S '48—M&N 4*8 Bridge Rev 4*8 Ref 1965 4 *8 Jan 1 1970 4a to 6 5.20 4*s '32-43 (taxexmp) A&O New Bedford— J&D Livingston County— 5*a R&B Pdg Marl'49A&0 Louisviller—5a Sch 1962-A&O 4*8 to 5% 5% Net. 5% Needham— 96 Water District— 4s 1932-1950 Waterville 3 *8 1935 1949—M&8 Lexington—4s 1945 F&A 99 to To , Ask. b 5.55 Milton 3*8 1932 F&A 48 1933-1937 tax-ex—F&A exera 6 4.50 M&N 1952-1958 Portland— 1955-J&J Bowling Green—5s Covington— to 4.40 Bid. Bonda. Net. Ask. Sch Dist— 1932-1945 Jar diner or To or Bid. Bond*. Net. Kennebec Water 4*b Bridge 1950 103 MUNICIPAL BONDS AND AND STATE 104 MUNICIPAL BONDS Ask. Bid. 4.50% 4.50% 4.50% 4.50% 1943——J&Jlfi Dec 1 1939 J&D 4Mb 1932-1947---J&J 4 H?. 1932-1942 M&N 4aWater & Light 1930-A&O 4a 1932-1946 J&J Duluth 4Ha Duluth Ind School 4.50% 5Ha 1936. 1938. 1940-A&O 4Hs Feb 1 *40 op *30—F&A 4a 1934 opt 1924 A&O Hennepin County— 6* Bridge 1932-40 M&N 5Hb Bridge 1932-40-.M&N 4mb Sanitorium "32-'42-J&J 4mb Hospital '32-'41-M&N Minneapolis 6s 1932 J&D 6a 1935. *36. *40. "43. '46. *46. '47. '48. *49. '60-J&D, 5aStImpMay2"37-*4lM&N2 : 1932-1935 4mb 4.50% 4.50% 4.75% b 4~50% b b b 6 b M&N 8Ha Water Wka I932-. J&.1 Ramsey Oo 4Mb *32-'60.F&A 4Hs Dec 1 1935-1950-J&D 4Ha Rd&Bdge '38-'44 M&N 4Mb Rd&Bdge '33-'37 M&N 4Mb Rd&Bdge 32-'43 J&D b b b b July * HW« - 4.75% 4.70% 4.75% J&J J&J 4Hn July 1936 J&J 4Ha Sewer July 1 *43--J&J 4Hs Water Aug 1 '43-F&A 454e July 1 1955 J&J 4m* 1933-1937 J&J 4m» 1938-1959 J&J 4a 1932-1933 A&O 4a 1934-1935 A&O 4a 1936-1939 A&O 4s 1940-1961 A&O ___ 4~50 b 6— b b b b b b b b South St Paul 0U* ref'33-J&J b M&S April 1932-1934 A&O 1932-1950 1932-1934 J&J Impt 1953J&J Flood t932-'53 A&O 454b July 1 1932-1935——J&J 454s July 1 1936 J&J 8H8 State 1934 opt 1814--J&J Greenville 6s fund '43-'60 F&A Biloxi 554b 1932-1948—A&O Harrison Co 554 s 1940-60 P&A Jackson 6Ha July 1 1933-J&J 554 b 1932-1954 A&O 6a June 1 1932 J&D 454a 1933-1952 4Hs 1932-1952 M&N Jones Co 5s 1932-1942—M&N Meridian 6s Dec 1 1939.-J&D 4Hs School House 1941 J&J Mississippi Levee District— 6f May 2 1944 M&N 6b July 1 1953 J&J 4Hs Sept 1934 M&S Vtfksburg 5a St 1932. .—.F&A 6a Pub Imp 1932-48—F&A Yaaoo-Miss Delta Levee Dist6B 1932-1964 M&N 4Hb July 1949 J&J 4s 1952 optional 1922—J&J MISSOURI 6s March 1932-1036 454b 1933-1937 A&O 454b 1938 & 1939 A&O 454s 1943-1946 M&S 4s Road 1933-34 Ser D M&S 4o 1943-1947 -—M&S 4a Road 1944-1948 A&O 6mb 4Mb 4Ha 4Hs 4Mb 4s Nov b5M% boM% 65 M% 65 M % 65 M% 65 M% 65 54% 6554% 6554% 6 6% 6% 6% 6% 6% 6% 6% 6% 6% 6% 6% 6% 6% 6% 6% 6%! 6 6% 6% 6% 6% 6s 1935 5s sewer 1935 m 534 % 534% 534 m._ 534% 534% 534% JERSEY 4.40 4Hs Bridge 1936-67- A&O 4.10a 1932-1934 M&N Audub 8 D 6s '32-'40 A&O 4.40 4.70 4.70 4.70 4.70 90 4.50 4Mb School 1933 F&A 4mb School 1934-66—F&A 4.50 Belleville 6s 1934 & '44-M&N 4.50 Belleville S D 5tf '32-'44M&N 4.50 Bergen Co 6Hs *32-'34—J&D 5 He Dec 1 1936-1042. J&D 4.50 4.60 4.50 4.50 4.50 4.50 4.50 4.50 4.50 4.50 4.50 4.50 4.50 4.50 4.50 4.50 4.50 4.50 4.50 4.80 4.80 5% 4.60% 60% 4.50 4.50 4.50 4.50 4.50 4.50 4.50 4.50 4.50 50 4.50 n Nominal, to 4.25 to 4.25 to 4.25 to 4.25 to 4.25 5.251 to 5.25 to 5.25 6 6.25 to 5.25 6 6.25 to 5.25 6 6.25 6 6.25 6 5.75 6 5.75 to 5.25 to 5.25 to 5% 5% 5% 5% 5% 5% 5% 5% 6 5.75 6 5.75 6 5.75 6 6.50 to 6 7% 7% 7% 5.50 % to 6 to 6 6% 6% 6% to 5.50 5.75 to 6 6.75 to 6.75 Hoboken—4H* 1940 J&J 6 6.75 5s School 1033-1954—J&J 6 6.25 Hudson Oo—4Hs 1948—A&O 6 to to 5.50 6 6.25 to 6 6.25 to 5.50 5.50 6 6.25 to 5.50 6 6.25 to 5.50 6 6.25 to 5.50 4 Ha May 1 i960 M&N 4Hs 1932 M&N15 4 Hs 1933-1978 M&N15 4s g Park 1954 & *69_-M&N 4b gold refunding 1935-F&A 4Ha July 15 *32-'34—J&J1C 4Hs July 15 *35-'74 &J15 Hunterdon County— 4Hs 1933-1934 J&J 4Mb road & bldg '35-'46 J&J Irvlngton 5s School '63--J&D 4 Ha 1932-1933 J&D 4 Ha 1934-1939 J&D 4 Ha 1940-1959 J&D Jersey City 5Hb 1942-53 A&O 6Ha Dec 1 1932-1933—J&D 5s 1932-1969 A&O 4Hs School 1932-58—J&D 4Hb School 1945 J&J 4Hs Water 1961 A&O J&D 4Ha 1932-1966 4s Refunding 1940 F&A Keansburg 5Ha Kearny 4Hs 1930--F&A 4 He Water 1932-1962 M&N 4Ha Water 1932-'34. J&D16 4Mb Water 1935-70-J&D15 4Ha Sch Impt '32-'52-J&i> 5Hs 1933-1949 J&D 5Hs 1950-1970 J&D Lodl—6a 1033-1947 J&J Long Branch 5a 1943 M&N 4u June 1 1935 J&D LyndhurBt 5a 1932-1957..J&J Maplewood (Township) 4s 1932-33 J&D 15 to 5.75 5.75 to 5.75 6 6.25 to 5.50 6 6.25 to 6 6.25 to 5.50 6 6.25 to 5.50 6 6.75 to 5.75 6 6.75 to 5.50 5.7o 6 6.75 to 5.75 6 6.75 to 6 6.50 to 5.50 6 6.50 to 5.50 5.75 to 5.50 to 5.50 to 5.50 6.50 to 5.50 to 5.50 6.50 to 5.50 6.50 6.50 to 5.50 6.50 to 5.50 6.50 to 5.50 6.75 6.50 to 5.75 to 5.50 % % % to 5.50 % to 5.50 % to 5.50 % to 5.50 % b 6.50 5.50 % to 5.50 % b 6.50 to 5.50 to b 6.50 to 5.50 b 6.50 to 5.50 b 6.25 to 5.75 % % % % % Cape May—5s 1934—— J&D 6 6.75 4Hb School 1932-1951-M&S b 6.75 4Us 1032-1952 . M&S b 6.75 6% 6.75 6 6.75 to 5.75 to 5.75 6 6.75 to 5.75 6 6 75 to 5.75 * 6 75 to 5.75 6.75 to 5.75 to ?! 7% 6% 6% 6% to 5.50 6 6.25 to 5.50 to 5.25 6.25 to 5.25 A&O 6 6.25 to 5.25 615.25 to 5.25 6 6.50 to 5.50 6 6.50 to 6 6.50 to 5.50 6 6.50 to 4a 4b 4s to 5.75 4s to 5.75 4s to 5.75 4s to 5.50 /o to 5.50 % to 5.50 % % to 5.50 % to 5.50 % to 5.50 1932-1909 Dock 1959 F&A Apr 15 '32-'61-A&016 School Dec 1 '45—J&D Sch House 1959 opt 1949 Pas Va! 8ew'01 op^Sl J&D 1932-33 J&D 1934-35 J&D 1936-37 J&D 1938-42 J&D 1943-70 J&D % to 5.50 % to 5.50 to 5.50 to 5,50 to 5.50 to 5.50 % % % % % % to 5.50 % to 5.75 to 5.75 to 5.75 6.50 to 6.25 6.25 6.25 6.25 6.25 6.25 6.25 6.25 6 25 to % 5s50! % 5.25!% to 5.25!% to 5.25' % to 5.25 to 5 25 % % % to 5 to 25, % 5.25:% to 5 25!% to 5.25 % % % 5.25 % 6 6.25 to 5.25 to to 5.25 % to 5.25 % to 5.25 to 5.25 5.25 6 6.25 to 6 6 25 to 5.25 6 6.25 to 5.25 6 6.25 to 5.25 6 6.25 to 5.25 6 6.25 to 5.25 6 6.25 to 5.25 to 5.25 6 6.25 to 5.25 to 5.25 New Brunawlck4H"32-57F&A 6 6.50 4Hb Sfeh & Wat 32-'69 J&D 6 6.50 to 5.50 4Hs 1932-1967 J&D 6 6.50 North Arlington (Borough) 7% 5Mb Impt 1933-1935 fis Impt 1933-1935 7% to 5.50 F&A 4Mb School 1943 J&D 4H« Sewer 1932-1964-A&O 4s School House 1934 J&D Passaic 4H« 1932-40 M&S 5 Ha Gen Imp '32-'44—J&D 5 Mb Gen Imp *45-*51—J&D to to 6% 6% 70 70 60 6 6.50 to 5.50 6 6.50 to 5.50 6 6.50 to 5.50 6 to 6 7% 7% to 6% 6% 6 6.50 5.50 to 5.50 6 6.50 to 5.50 6 6.50 to 6 6.50 to 5.50 5.50 6 6.50 to 5.50 6 6.50 Orange— 5s Water 1938 to 5.25 to 5.50 60 North Bergen 6a 1941...J&D 6fl School 1932-58 M&S Nutley 8 D 4Ha '33-*42. F&A 4Ha 1943-1967 F&A 5 Mb Nov 15 1032-39-M&N Ocean Olty—5s 1944 F&A 4Mb Impt May 15 1938-'60. 6.50 Ocean Oo 4,Hs *32-'33—J&D 5.50 % 4Hs 1934-1950 J&D 4.50 % to 5.50 to 5.50 6 6.25 % to 5.75 % to 5.75 % to 4.50 5.50 6.50 3Hs Track Elev 1954-F&A 6 6.25 Vails burg 4Mb 1934—J&J 6 6.25 to 5.50 to 5.50 to 5.25 4Mb 4Hs 4Ha 4mb 4s to 10238 J&J 6 6 25 M&S16 6 6.25 5e 1032-1968 5.75 to 5.50 % J&J b 6.25 to 5.50 tJ to 5.75 J&D15 6 6.50 6.50 J&D15 to 5.75 6.35 6.25 7% 6% to 5.50 % 6.25 6.25 b 6 6.75 to 5.25 5,75 % 6 6.50 6 25 to 5.50 b 6.50 6.25 6.25 4b 1941-1969 M&N & 6.25 Newark—4Hb 1944-...F&A b 6 25 5Hs Oct 15 '32 to '59 A&OlS 6 6 25 to 6 6.75 6 6.75 b b J&J b J&J b J&J b to 5.50 b 6.50 4Mb Mar 15 *32-'50--M&S ,6 4He Rd&Bdg ^-'SlF&AiS,,6 Montclalr 4Hs Sch 1941-A&OI& 4Ha High Sch Bldg *44-J&D 5 3Hs School 1932 J&J 6 Morris Oo—4a *85 opt *05-J&J b 4Ha 1942 opt 1022 J&J b 3Ha 1933-1934 J&D 15 6 3Ha 1935-1938 J&D 15 & 3Hs 1939-1949 J&D 15 b Morrlstown 4Ha '32-'42_ J&D b 4al933-1936 M&N b 4s 1937-1940 M&N b to 6 6.50 b 6.25 b 6.25 b 6.25 6 6.50 Monmouth Oo— to 5.50 6.50 b 6.25 b 6.25 to 5.50 to 5.50 to 5.50 to 5.50 to 5.50 6 6.75 to 5 .50 to 5.50 6 6.50 7% to 5.50 to 5.50 to 5.50 6 6.50 6 6.50 6 6.50 6.50 April 1941 5Ms Julyfl 1937 J&J 0« Road&Bdge_'32-'34 F&A Middlesex Oo 4Ha "33 *34.J&J 4Mb Fund July 1932-1939-4Hs Road 1933-44—.F&A2 4Ha Impt 1932 A&O to 5.50 6.50 6.50 4Hs Dec 15 1932-64J&D 6.50 4mb 1932 J&D15 6 6.50 4mb 1933 to 1969—J&D 15 Bridgeton (City)— 6.50 4mb 1932-1933 J&D 4mb 1934-1935 J&D 6 6.50 4mb 1936-1942 J&D 6 6.50 d Now paid by N. Y. Olty, to 5.25 6 6.50 6 6.75 3 Us Bloomfield— - to 6 6.25 6 6.25 Mercer Co—4Ha 1933—-J&J 3a Road 1933 J&D to 4.25 to 5.75 4Mb 1935 & 1936 4Mb 1937-1970 4s 1944 6 6.25 6 6.25 5.25 to 5.25 Co— 4s 1936-67 5Hs Dec 15 1932-60-J&D15 6 6.25 6s Dec 1944 _J&D 6 6.25 6.25 5b Dec 15 1932-1055-J&D 15 6.25 4Hb 1932-1939 A&O 625 4Hs Aug 1932-1938—F&A 6.25 4b Court Hse '32-'38—A&O 4Hs 1932-1934 1 4s 1934-35 to 5.75 1943-1949 J&D 1950-1954 J&D 1955-1958 J&D Bogota (Boro) 5» *32-'33-J&D 4mb 1932-1946 J&D Bound Brook 4 Hs '32-"42 J&D Brigantine 6Hs Sew '33—J&J Camden 5Hs 1932-61—F&A 4Hs School 1943 A&O 4 Us Water *32 to '60-M&N 4 Mb 1942-1969 J&J Camden Co 4Ha 1933--F&A 4Hb 1935-1957 ...J&J 4Hs 1932-1964 F&A to 5.25 4Hb Bldg&Rd'32-'45 J&D20 Hackensack—4Hs 1942-F&A 4Hs Imp 1933-1942 J&.1 to 4.25 b 6.25 4mb 4mb 4mb to 1944. 6Hs Water 1937-1955 to 4.25 6.50 Bayonne 5b 1933-1949— -J&J 6.50 4Hs Jan 1 1933 J&J 6.50 4Hs 1932-1953 F&A b 6.50 4Hs Funding 1945 b 6.50 4Mb School 1932 F&A 4.50 Bridge *36- A&O 4mb Public Bldg & Imp 1932-1943 J&J 4Hs 1935-1939 F&A 4Hs 1940-1953 F&A 4HsW W 1932-1945—A&O 454b 1933-1948 M&N 4Mb 1941-1948 M&N 4a 1936 M&N 4s 1937-1940 M&N 4a 1941-1945 ...M&N 4m 1946-1951 M&N 6.50 Atlan Oo. 4Hs 1932-35-A&0 4.40 4.50 F&A 4.40 4.40 4.50 f jria$ price. 1941-1945 4.40 4.40 1932—J&J J&J 4mb 1940-1950 J&J 4Hs 1933-1950 J&J 4Hs 1933-J&J 4 Ha 1937. J&J 4Ha 1946--..-. J&J 5s 1941 J&J St Joseph 4 Ha '32-*45—_M&S St Joseph 4548 ref 1951 Bt Joseph 8 D 4Hb 1935 bAdit, 1932-1934 4Hs Jan 1 1945 J&J 4Hs June 1 1932-36-J&D 4.40s 1932-1954 M&ft 5s 1933-1934 F&A 5s 1935-1939 F&A 6s 1940-1947 F&A 5s 1948-1968 F&A 4.40 6 6.25 6 6.25 6 6.25 . 6 4.50 s Inst Constr 1950-'66-J&J 6 4.50 _s ttoad & otige 1933 J&J 6 4.50 is Road & bdge 1938...J&J 6 4.50 4B 1940 J&J 6 4.50 s Highway '54 opt '39.J&J 6 4.50 4s 1955 opt 1940-,. J&J 6 4.50 4» Road 1950 J&J 6 4.50 Asbury Park (City)— 6.50 4mb 1935-1939 M&N 6.50 4mb 1934-1953 M&N 6.50 4H« 1936-1946 M&B 6.50 4Mb 1961-1930-——M&fi 6.50 4 H»1932-1970 __M&N 6.50 Allan City 4Hs 1932-38—J&J 6.50 4mb 1938-1958 J&J 6.50 4Mb Paving 1938 J&J 1932-1970--- 5 95 NEW s2 4~Hb 4.70 slnstConstr 1942-'49-J&J 4.40 4S 1940 4.70 4.75 Swatford 6s May 1933-1954-. 4s Various 1932-1970.M&N Bt Louis 4.70 95 Pembroke 4a '32-'34 634 5m - 4.70 4s 1935-1940 •534% Kansas City S D 4s 4s 1941-1951 5.20 dauchegter— 5H% 534% 534% 5H% 534% 1932-1954 J&J 45-28 1932-1943 J&J 454s 1932-1955 A&O 454s 1932-1947 J&D 4Hs Airport 1932-'54_.A&0 4s Airport 1936-19514s Auditorium Dlat— HAMPSHIRE 1932-1948 J&J 1932-1938 JM) 4a Highway 1934-43 M&S 4Hs May 14 1932 1933 4H« Highway 1934-43—J&D Concord 4Hs 1942 J&D 4 Ha *38. '40. '42. '44-M&N Keene 4 Mb 1932-1942 M&N 534% 4 Hs 4.75 96 NSW m 1939—J&J 5s water 1939 J&J 4Hs 1940 J&J 5s bridge & road J&J 4Hs Jan & July 1942—J&J 5.10 - 4a 4Hs ^ Gloucester 98 —J&J 1933 J&J 4 Hs Wat wka Dec 16 '41J&J 4Mb May 1 1956 M&N 6a 1948 J&D Jmaha 8 D 4 Mb Mayl'55 M&N 4a Falrview—5s GloucesterCIty4 Hs*32 60J&D 4s July 4a June 5M% 534% 534% 534% 534% Fells (Boro) 5s July 28 1932-1960 1942. opt 1932—A&O ?ork 8chool District— 4 Ha 1936-55 J&J 5g% J&J J&J J&J 1935 Sch ? 6.75 to 5.75 6 6.75 to 5.75 ? 6.75 ,to 5.75 F&A Hospital 1946 Essex 4.75 5Hs 5H % 1 1948-1952—..M&N 4s 98 Platte Ask. 6 5.75 6 5.75 3.65s Park '33 to '35.-F&A 6 5.75 4s 4 Hs Ref '42. opt '32-M&N •loottsbluff School District— 5H% 1mb 1948-1952? Jackson Co 4s 1933-'51 J&J 4Hs 1934-1950 J&J 454s 1936-50 J&J15 4Hs 1949 __ J&D Joplin Sch Dist 4Hs 1943-'48Kansas City4Hs 1933—M&S 4Hs 1935 J&J 96 97 •tcottsbluff— 4.50% 4.50% 4.50% 4.50% 4.50% 4.50% 4.50% 4.50% 4.50% 5% MISSISSIPPI 1932-1946 93 "27—J&J "96" 4 Ha 1940-50 Omana 4Ha ref 4.70 5s Gen'l impt 1933-62- 6 Ha Impt 90 93 J&J 98 Nfortn 4.70% 1961—J&J i932-42—A&O 4Hb 1932-1933 A&O 4Hs 1934-1957 A&O 5Hs Dec 1 1932-1946-J&D Englewood—4s Sept '35-M&8 Essex Oo 4 H s Road '35 F&A 4Mb 1932-1933 M&S15 4Mb 1934-1935 M&S15 4Mb 1936-1949 M&S15 4 Ha 1950-1960 M&815 4Hs Road 1932-1936—F&A 100 4Mb Ref 1932-40, opt 1930 Holdrege S D 5s 1039-62- - J&D Kearney— 4Mb Sch '44. opt 1929.J&D Lincoln School District— 4 Ha 1932-1953 M&N McCook Fund 5b '34-43-F&A Norfolk 4 Ha ref 1945optM&S &...— 4.70% 6a School July 1 6a School 100 Douglas County— 5a Highway 1942 A&O Grand Island 8ch District— St Paul— W 99 102 94 BeatrlceRef 5b '44 opt '34 A&O 4.50% b 454a W 95 Beatrice SD 5a 1932-54—F&A 4.50% b b 99 100 'S'*'. NEBRASKA 4.50% 4.50% 4.i,0% 4.50% 4.50% 4.60% 4.50% 4.50% 4.50% 4.50% A&O 1932-1941 99 'hlllips OoSaDec *36 op'33J&J Improvement 1942-J&D 354a 101 96 96 Lincoln Oo 5s '33 op 4.70% 4.70% 4.70% b b 4a 1944 99 slallspeii 5b 1933 b 4a J&J £>Mb Sewer *35 to '39—J&J 4 Hs Wat & Sew *33-'50-J&J 6...— 4.75% A&O 4Mb School 4.50 Jreat Falls— 4.75% b Cape May Co 5s 1932-33-M&S 6s 1934-1935 M&S 5s 1936-1940 M&S East Orange 4Hs '32-*45_F&A 4 Ha 1932 J&D 4Hs 1933-1969 J&D J&J 6b Sewer 1933-1960 4s 1934 A&O 4s Water 1933 J&D Elizabeth—4Hs 1955 J&J 4.50 Daniels Co 6b 1933-1942 1932-1941--- 4Mb 1933-1934 —A&O 4Mb 1935-1940 A&O 4a School Jan 1 1935—- J&J 4Hs 1932-1937 4.70 1Mb Educational 1944 J&J 3tilings 5s 1934 op 1929—J&J Butte 5s 1933-1936 J&J 6a 1941 J&J J Ha Educational 1041 4.50 Diet— Bonda MONTANA 4.50 Bid. Net Ask. Springfield 4Hsl934-49_M&N University City— 4 Ha 1932-1943 M&N 4Mb 1942-1949 J&J15 MINNESOTA 4Ui July 15 Bid. Bonda. Net or To or To or Bonda Yield Basis Yield Basis Yield Basis 6 6.75 to to 5 75 6 6.75 to 5.75 6 6.75 to 5.75 Imp 1932-1941——M&N 6 6.75 5a Water 1935 M&N 6 6.75 to 5.75 6 6.75 to 5.75 .T&J 6 6.75 to 5.75 6a 4Hb Refunding 1944--M&N 4U» Water 1039-70 to 5.75 105 MUNICIPAL BONDS AND STATE Yield Basis Yield Basis Pawaic Oo 4Mb 1932-1930 J&J b 6.50 4MB 1937-1946. .J&J b 6.50 4H« 1932-1968 J&D b 6.50 5H« '32-'34—.M&N 5 Hs 1935-1959 M&N 4Hs Feb 1 1945 P&A 4Hs 1932-1967 A&O to 5.50 to 5.50 5.75 to b 6.75 to 5.75 b 6.75 to b 6.75 to 5.75 4a NO Hall 1932 J&J Perth Amboy 4Ha Apr 1944._ 4Mb Water 1932-34—M&S2 4Mb Water 1935-64.-M&82 b 6.75 to 5.75 4Ma 8chool 1932-190O-A&O 4 Ha School 1938 6a Feb. 1936-1977 F&A Plalnfleld—4a 1932 lo'34-J&D 4a School 1959 M&N 4 Ha 1932-1902 various Rahway 4 Kb 1932-34 4Mb 1935-1930 4Ha 1932-1934 4 Ha 1935-1930 Ramsey 5a Water 1932-1940-Red Bank (Borough)— b 6.75 to 5.75 b 6.75 to b 6.75 to b 6.50 to 5 50 b 6.50 to 5 50 b 6.50 to 5.50 6 Ma 1932 b 6.75 to 5.75 b 6.75 to 5.75 5 Mb 6 Mb 1933-1936 1937-1947 b 6.75 to 5.75 Amsterdam 6a Wat b 6.75 to 5.75 Auburn—4Mb ft 6.75 to 5.75 4 He 1932-1953 M&N Ridgewood 4 Ha 1932-02-M&N 5 Ha 1932 1939 J&J 4MB 1932-1968 M&n Riverside 6a 1932-1933—A&O Sea Isle Olty 5s 1942 F&A Somerset Go 4 Ms 1932-49 J&D 4Hb 1932-1933 J&J 4Ha 1934-1952 J&J South Jersey Port District 4 Ha Marine Term 1934-73Sou Orange—4a *32 to '44-J&J 4Mb 1932-1969 —J&D 4Ha 1932-1967—. J&D 4HB 1932-1968 J&D Summit 4 Hb Sch 1941 F&A 6 6.75 to b 6.75 5.75 to 5.75 b 6.75 to 5.75 5.75 5.75 4a to 5.75 to 5.75 b 6.75 to 5.75 ft to 6% 6% 7% 7% ft 6 6.50 to to 5.50 ft 6.50 to 5 ft 6.50 to % 50i% % 5.50 % ft 6.50 to 5.50;% 6 6.50 to ft 6.50 to 5.50,% 5.50 % 5.50 % 4Mb Imp & 8ch'32-'38-J&D 4 Ms Imp & Sch '39-'60-J&D Sussex Oo 4 "37-"44—M&S ft 6 50 b 6 50 b 6.50 b 6 50 ft 6.50 ft 6.50 4b Impt 1932-1955—m&n Teaneck t Twp) 5H« '32 38 .6 Tenafly 4Mb 1932-33 F&A 4Mb 1934-1963 F&A Trenton 5 Ms 1932-1951-A&0 4Hb Water 1943 A&O 4Hs 1933-1939 F&A 4Ha 194<)-1966 F&A 4M« 1933-1934 F&A 4M» 1935-1960 F&A 4b Olty Hall 1939 J&D Union Olty 4 Ha '32-'64—J&D Union Oo 4Hb 1937 M&8 4Hs 1942 M&S to to 5.50,% to 5.50 % % 5.50,% 5.50 % to 5.50 to to 7% 6 b ft b 6 b 6 ft b b b ft b to 6% 7% 7% 6.25 6:25 6.25 6.2o to 6% 6.25 6.25 6.25 6.75 6.50 6.50 to 5.25 to 5.25 5.75 to to 5.50 % to 5.50 to tf.OU 5.50 70 to 5.50 % to 5.50 % 5.50 % to 5.50 % to 5.50,% 5.50 % to to 4s Bldg constr Albany Oo 4Mb 1936-38.M&N M&S 4Mb 1932-1960 3Mo Fund 1932-1941 * State 5.15 to to 6% 6% to 5.75 to 5 to If 5 5.25 5.25 4.9J 4.90 107 101h 103 ft 4.30 ft 4.10 M&g 4.20 to 5% 5% 5% 5% 5% 5% 6 5.50 to 5% ft 5.50 to 5% b 5.50 to ft 5 50 to ft 5.50 to ft 5.50 to 6 ft 6% 6% 6% 6% to to 5.50 to 5.50 to 5.50 1936-1980—-----F&A ft ft to 5.50 6 5.50 to 5% 6 5.50 to 5% to 5% to 5.50 to to to 5% 5% 5% 5% 6% 6% to 5.50 6 6% to ft 6% to 5.50 to 5.50 ft 5.50 to 6 5.50 5.50 to 6 5.50 to ft 5.50 5% 5% 5% to 5% to 5% to 5% to 5% to 5% to 5% to 5% to 5.50 6 5.50 6 5.50 to 6 5.50 to 5% 5% 6 5.50 to 5% 6 5.50 to 5% to 5% to 5% 6 5.50 6 5.50 6 5.50 99 101 99 101 99 99 101 101 99 101 99 101 99 101 99 101 99 101 99 99 101 101 M&S 6 5.50 Long Beach 5M» '32-'60-M&N 5 Ha 1933-1934 J&D 5H« 1935-1940 J&D 5Ha 1941-1960 J&D Mamaroneck(T )4 M a'32-04J&J 6 5.50 99 101 Mamaroneck Un F 8 D No 1— 99 101 5a 3.90s ft 4.50 101 3.90% 6 4.50 li 6 4.50 4% 6 4.10 3.90% 3.90% 4% 4% 4% 6 4.05 6 4.50 6 4.25 ft 4.25 6 4.15 6 4.05 93 1937-1939 3.90a 4% ft 4.10 1940-1964— 93 97 93 97 93 97 6% 6 6% 6% 6% 6% 6% 4Mb School 1962-73—M&N 6 5 50 4b Sewerage 1950-55—M&N 6 5.50 4Hs 1932-1934. A&O 4Ha 1935-1944— A&O 4Mb 1932-1940 M&S 4a 1932-1939 M&N 3Ms 1944-1950— J&J 3 Ma 1951-1961 J&J 4.70 Newburgh 4Ha '33-'34—F&A 4.70 4 Wat Imp 1942-62——J&J — 4.70 84 83h 83h 5.30% 5.30% 83 h 5.30% li 81 "8l"~ 81 81 81 81 6% 5.30% 5.30% 5.30% 5.30% 575 5.75 5.30% 5 30% 5.30% 5.30% 5.30% 5.75 5.30% 5.75 4Mb Water 1933 39 J&J Onondaga Co-4Ms *32-47A&O 3.70s 1932-1951 -A&O Ontario Oo 4« *32-'61—M&N Oaslnlng 4Mb 1932-42—M&S 4Mb Water 1932-1969-A&O Oawego—5M« 1932-46—M&N 4s 1936-1950 Pelham iT) Un Fr Sch J&J Dist Poughkeepale 4Msl932-52J&D 4s School 1934-*59 M&S J&D 6s 1933 J&D 6s 1934J&D Port Jervis 4Mb 1937-1966 Port of N Y Authority—N Y- Port Chester 6s 1932 -- *32-'39-M&S 4MB 1940-1946 M&S 4H» 1939-1943 M&N 4Mb 1944-1948 M&N 4Mb 1949-1953 M&N 4Mb 1933-1934 M&S 4Mb 1935-1938 M&S 4Mb 1939-1946 M&S 4Mb 1947-1953— M&S 4Mb 1954-1960M&S Putnam Oo 4Mb '32-*51-A&0 N J Bdge 4Mb F&A F&A 4s 1933-1934 4a 1935-1954 Rensselaer County— 4Mb Highway 1932 F&A 4Mb Highway 1933-36 F&A 4Mb Highway 1937-68 F&A Rochester 5s 1933-1951 -F&A 5s 1932-1936 _F&A 5s 1937-1938F&A 5s 1939-1962 F&A to 5.50 4Mb Jan 16 1933 J&J 4Mb Pub Imp '32-'4S—F&A 4MB 1932-1934 M&S 4Mb 1935-1959-M&S to 5.50 4s Imp to 5.50 to 5.50 to 5.50 to 5.50 5% 5% 5% to 5% to 5% 5% to to to to to 5% to 5% to 4.75 to 4.75 J&J 6s Jan 2 1938 Nassau Oo—5a '32-'39—M&N 3.90% % 97 M&N 1935-1930 3.90s 3.90% 99 6 5-50 J&J 6 J&J 6 J&J ft Mlddleport 4.35a '32-'42-J&D 6 4.36a 8ewer *32-'39 J&D 6 6% Monroe Co 4a 1933-44 F&A 6 5.50 3.90 Oo Bldg '34r'60—F&A 6 5.50 Mtueola (V) 4.40a 1932-68 J&J 6 5.50 Mt Vernon 4Mb '32-*43—A&O 6 5.50 5H« 1932-1934 A&O 6 5.50 5Hs 1935-1941 ..A&O 6 5.50 4% ft 4.10 6 5.50 6 1932-1942 5HsMay t'32-*52 4% ft 4:50 _ to ft 6 101 100m 6% No 1 4.60s 1944-1966 Regulating Dist— 99 99 89 Oyster Bay Wat Dist— 101 ft 4.50 100 8HB 1942-1945 M&N 3s May 1 1935 M&N NlagFallsSD—4 Ha'32-'34F&A 4Mb 1935-1960 F&A No Hempstead 5s *33-'34 J&.? No Hempstead S D No 7— 4Hs 1934-1942 J&D North Tarrytown (6) 4Ha Water 1932-45—-A&O 4Hs Water 1946-64—A&O 4Mb 1947-72 —J&J Oneiaa—4a Water *40-'45-J&J 1933-1956—. M&S 99 6 4.25 100 100 3.95 Nov 1 1961-1970-M&N bockport 4Mb 1932-1944— 4 Ma 1943-1949 4Ha Sch 1932-1944 4.40s 1943-1949 M&S h 4% 4% to 1935-60--J&J 4,70 5 4Mb 1932-1933 A&015 4Mb 1934-1940 A&015 Jamestown S D 5»'32-"39-J&D fchnatown 4Mb Dec 1932-*37JKlngs Co 4a May 1 *32-'44— Kingston 3Ha g '32-*30—A&O Lackawanna 4 Mb*32-'54 M&N 105 Sewer 4.70 Islip (T) 4a '32-'33 M&S 4a 1934-1935 ——M&s 4a 1936-1937 1 M&S 4a 1938-1951 M&S Irrlngton 4.10a *32-'38—A&O Ithaca-—4Hs Water 1942-J&J 4 Ha 1940-1954 —J&J lamest'n 4a Mar 20 1943 A&O 110 105 4.10% ... 4.70 4Mb 1932-1934 J&J 6 5.50 4Mb 1935-1965 J&J 6 5.50 4.70s 1935-1965 —J&J ft 5.50 Huntlngton(T)4s *33-'62-J&J 6 5.50 110 107 102 h 102 h 5% 5% 5% to 5% to 5% to 5% to 5% to 5% to 4Mb Wat Mayl'41-'48 M&N 4 Ms Repav '32-*33 reg M&N 4Ma Sew '39-'46 reg—M&N J&D 1945-1963 Hudson Rlv 4% 4% 4% 4% __ J&D 4b 6a 1932-1954 -—M&S 6 5.50 Horned 4Mb 1934-1947.-F&A ft 6% ft 4.50 g 4.70 4.70 Hempstead 4jh* 1932-05_>M&8 Hempstead CJn FSD No 1 90 g J&p 4MB 85 81 78 78 78 78 78 6 6.25 ft 5.75 6 5.75 6 5.75 6 5,75 exempt 1952.-M&N 6 5.75 exempt 1953—M&N ft 5.75 8Hs g exempt 1954—M&N,6 8Mb g Water ex '54—M&M 3 Ha exempt 1956 M&N 3Hs stock Apr 1 1954-A&O Nia« Falls—5Mb '41-'48 M&N 4.15s Sewer 1965-70—M&N 4.90 , 6% 81 6 5.75 78 4MB 1934-1935—: Greenburgh (T)— 4s 1934-1951 J&J Greenburgh U S Sch Dist No 9 4.40s 1933-1965 -J&D Groton 6s Wat *33-'60--M&N Harrison (T) 4MB '32-'35 F&A 5.75 3Ha 3H« 5 4.40s 1932-1950 M&N ft 5 50 Garden-City 4 Hs 1932-52-J&J ft 5.50 75 to 5.75 5.75 78 4MB 1930-1938 4 Ms 1939-1959 Franklin Oo 4MB 6% to If to 4.75 to 4.75 to 4.75 4.75 to 4.75 to 4.75 to 4.75 to 4.75 to taxation. By an amendment to the constitution of onio adopted Sept. 3 1912, bonds subject to taxation. Bonds Issued prior to Jan.l 1913 are axe mot r-om taxation, ft Basts, d Sublet ts are M&N M&N 6.50 Haverstraw 4.12a 32-37 M&S Hempstead(T)4HB*32- 59A&0 "40-"49—M&S &c "32-33.M&S 4s Grade Crosa &<■ '34-30. M&S 4s St Inat Bldg "32-'63—M&S 4a Apr 15 1940-1955—-A&O 15 3 Ma St Ina Bldg '32-78 -M&S 3Hs Mar 15 1932 M&S 15 3Hs Mar 15 1933 M&S 15 3Hs Mar 15 '34-'35—M&S 15 3H» Mar 15 'Se-^-M&S 15 3Hb Mar 15 '40-*81—M&S 15 3 Ms Mar 15 1932-—M&S 15 3 Ms Mar 16 1933 M&S 15 3 M« Mar 15 '34-'35-M&S 15 3 Ms Mar 15 '36-'39-M&S 15 3 Ms Mar 15 '40-'81-M&S 15 3s g Jan 1 1950— —J&J 3s g July 1 1958 ...—J&J 8s g Canal Jan 1 1959 J&J 3s Canal 1957-69 -J&J 4s Grade Cross 6.50 4.20 aewer ft 4.25 6b Jan & Mar 1 1930-1946-- — 6b Jan 1932-1935 J&J ft 4.50 ft 4 15 6s Jan & Mar 1946-1970 4Mb Bonus 1932-1939—-A&O 4Mb Bonus 1940-1949—A&O 4s Canal Term 1942 J&J 4s Canal Term Jan 1940—J&J 4a g High Imp Mar 1968 M&S 4s g High Imp Sept 1968 M&S 4s High Imp Mar 1660—M&S 4s Canal Imp July 1660—J&J 4s Canal Imp Jan 1961—J&J 4a Canal Imp July 190I-.J&J 4s Hlghw Imp Mar '61—M&S 4s Palisade Park 1981 M&S 4s Canal Jan 1902 -J&J 4s Hlghw Imp Mar '62—M&S 4s Canal Imp Jan 1907—J&J 4s Hlghw Imp Mar '67—M&S 4s Palisades Park 1907—M&S 4s Bldg constr '32-*39 M&S M&N 4Hs Water 1932-'45..A&0 4Mb Apr 1 1933-1935-- Hlrie Oo 4 Ms 1932-1933— J&D Freeport 7% 81 4s Nov 1965. 6.50 6.50 4.208'32-'62 A&O ilH M&N M&N 4a Various I960 M&N 48 Various May 1957-MfcN 4a Nov 1958 M&N 4a May 1959 M&N 4s 1932-1937— M&N 4a 1938-1907 M&N 8Hs g exempt 1941 M&N 3Mb exempt 1942 M&N 3He R T 1948-1950—M&N 1977 4s Various 1930— 4 70 M&N' 6.25* A&O 4.70 M&N 6 M&N 1980 4a May •4,70 '32-'40-M&S 8er*32 46M&N 1946-1960-M&N 4Mb 1932-1951 M&N 6% 1 4s Oct 4.70 '33-'34---M&S M&S M&S M&S F&A 4 Hb 1935-1958 -F&A ffilmlra—4s 1935 M&8 KtsexOo 4i to A&O A&O Apr 15 1972—-A&OIC Rap Tr & Wat '74 J&D Fob 16 1932 66F&AH Feb 15 '41-1966-F&A15 Feb 15 1976— F&Alt Nov 15 '32-'68.M&N15 Nov 15 1978—M&N15 4.70 '32-"46 J&J 5MB 1932-1939 5 1940-1949. 5 Ma 1950-1960 4Mb 4mb 4mb 4.70 1935-1937 4s 1938-1946 4s 1947-1954 Kast Chester 4 H« '33 '34 „ M&S J&J J&J M&S J&J 1935-1964 4Mb 4.70 4a 1935-1940.--J&J 1935-1940-J&J Highway 1963 Canal 1904— Canal 1966 Highway 1965 4Mb Barge Canal 1945 4.70 4.70 Dutchess Oo 48 7% 7% . 4Mb Ref 1953 opt 1933—J&J 4Ha Dec 10 1952 opt '22-J&D 4a Fund 1939 oot 1019-M&8 4s Elghway 1932-1944—J&J Albuquerque 6a W W 1962J&D 4H» 1933-1950 J&J 4Mb 1933-1950 -—J&J Middle Rio Grande OonserDiat 5H* '34-73 F&A Socorro Oo fa '41 op "21—A&O 4Mb 4Mb 4Mb 4Mb 3Hb 3 Hs 4Ms to 5.25 6Ha Highway M&S 4.70 A&O J&D J&J Water 1932-35—M&8 Johoes 6a Ref Wat 4Mb 4Mb to 5 25 MEXICO 6s March 1932-1935 4.70 4s June to 84 4Mb April 1 1906 4.75 1932 1948 16 1960 4a 1932-1958 4s 87 M&S 4Mb Mar 1 1964 4Mb April 1935 5 Delaware Oo ft 6.75 A&O ft 6.75 1936--M&S 6 6.75 Woodbridge 6a 1933---A&O 6 ft 7% YORK. 550 J&D -J&J A&O 4 Ha 1932-1968 4Mb 1932-1938 4Hs 1638-1967 99m 99 m 99m Jan25'35 J&J 25 Jan25'36 J&J 25 Jan25'37 J&J 25 June 1906 J&D 5 50 to 5.25 4Mb 1932-1966- NEW 7 to 5.25 West New York 5s 6a Highway 7 1932-1952.-------J&D 5 25 , NEW 5 5 4.90 4.90 4.90 15.25 _ . 7 '32-'35 A&O M&N 6 6.50 4s Park 1933-1937 M&N ft 6.50 Union Township Sch Dist— 4Ha 1932-1968 J&J ft 7% 5Hs 1933-1934 M&S 6Ha 1932-1950M&S Weatfield fa Junel5'32-'60J&D 7 7 Brooklyn—d— 3 H b ^-W&J 3 Ha gold 1930 ——-J&J Sroome Co 5a '32- 33—M&S Buffalo 5Hb 1944 J&D 15 5s 1932-1934 M&N 5s 1935-1950 M&N 4H8June 15 1904—J&D 15 5.50 5.50 5.50 5.50 M&N J&D Net. 87 89m 1963 -M&S 90 87 h 4Hb May 1957M&N 90 87 h 4 Ha Not 1957 M&N 88 M 87 4Ha Corp stock 1907—J&J 5.50% 4Ha Corp stock 1932—J&J 6 6% 88 M 86 M 4Hs Corp stk 1971 .J&D15 6 6.25 6% 4Ha Corp stk 1932-1935J&D 5.25% 4 Ha Corp stk 1936-79-J&D 6 5.75 83 h 81 4M» Jan. 1 1977 -J&J 4Mb Sch & Var *32-*3»-J&D 6 6.25 5.50% 84 81h 4Ms 1960 opt 1030 M&S 84 81h 4Mb 1960 M&S 84 81h 4Mb Mar 1 1902 M&S 7 1932-1934J&J 5.50 Ask. City— Vnrk 4Hs 4 Ha 5.50 5 4Ha 1936-1959 A&O Oornlng 5Hb 1932:'60---M&S Cortland Oo 4Mb '32-'51-J&J — Vallaburg—See Newark. Ventnor Olty— 5 Ma Mun Bldg '32-58-A&O ft VIneland (Boro)— 5.50 -M&N ft 5.50 6s Corp stk 4.70 1932-37.. b 5.50 ft 5.50 6s Corp stk 6s Corp stk M&N M&N Columbia Oo 4 Hs 6% to 5.25 to 4Ha Oct 15 l932-'*2 6.50 4Mb Road&Bdgt'33-47 F&a b 6.50 4Mb Park l932-*35—J&D15 b 6.50 a Park 1930-'37-J&D15 b 6.50 4b Oct 1 1942 A&O ft 6 50 4b Park 1932 % to 5.50 ft 6.50 5a to 5.50 ft 6.50 M&N 1933 5.75 b 6.75 b 6.75 New 4.70 Binghamton-—4s '33-'30-F&A 4Mb 1932-1971 -jar. 3Ha Bridge 1935 -F&A Brighton <T)5s 1932-1942M&N _ 4 Ha 4.70 1932-'55— M&S \mherat 4H» Hb 1933-19341935-1936 4 Hs 1937-1944 4 Ha 1945-1965. 4Mb 1932-1934 4 Ms 1935-1963 8Mb 1932 to 1933 4 M&N M&N M&N M&N M&N M&N New RocheUe 5s '32-'50 4.70 4.70 4.70 4.70 4.70 4.70 3Hs 1932-1933—.—J&D 3Hs 1934-1935 —J&D 3Hs 1936-1939— J&D 3Hs 1940-1971 J&D Alb Pt Dist 4 Hs '32-71—F&A 4Mb 1933-1972 M&N Ulegany Oo 4H8'32-'30-M&8 5.75 to b 6.75 4.70 4.70 4.70 Bid. Bonds. Net. Albany 4 Ha '32-'33 M&N 4 Ha 1934-1939 M&N 4Hs 1940-1969 M&N 4Mb Water 1932 M&N 4Mb 1932-1964 j&D 4Mb 1932-1935 J&D 4Mb 1936-1970 J&D 4a Manic & Sch *33-'83-J&J to 5.50 b 6.75 Paterson Ask. To or To or Bid. Bonds - Sch &c *33-'47--J&J 3Hs Ref 1933 opt 1913-J&J Rockland Oo—4a ^32-'34-M&S 4Mb '32-'3# (reg) F&A15 4Mb 1932 .M&S 4Mb 1933-1946 M&S Rockvllle Centre (V)— 4.16a 1932-1062 J&D Rome 5Ms 1932-1941.__A&0 Rye(V)oa Mar 10 *32-'38 M&S Rye & Har'son Un Fr 8 D No 6 4.40s 1933-1953.. —F&A Saranac Lake 4.45s'33-'39F&A Saratoga Oo 6s 1932-1941 4Mb 1932 M&S 4Mb 1933-1955 M&8 - 4a Sept 1 1945-1954 M&8 Saratoga Springe— 4Mb Park 1932-40 A&O Scaradale 4Ha 1932-45 ..J&D Issued after Jan. 1 1913 by municipalities in that Now part of N.Y. City. / Flat price, n Nominal* 106 STATE AND MUNICIPAL Yield Basis To or Bid. Bonda Ask. Schenectady to 1032-33 --J&J 5s Dec 15 1932-1941 4.30i 1932 J AD 6 5 4 Ha 1932-1934 1932-1933 4.15a 1934-1939 6 6 A&O a&O 525 5 4a Oct 15 1932-1944 -A&016 Schenec Oo 4 Ha "42-'5i J&J 5s Dec 15 1933-1943 4.85 4.15a 1940-1960. 5 5.25 5 5.25 5s Dec 15 1944-1948 Solvay 4 Ha 1932- 4U F&A Somera (T) 4 Ha *32 '53-M&N Southampton 5s '36-'43-M&N 5s 1944-71 —M&N Steuben Oo 4H« '33-'37—F&A Suffolk Oo 4Hs 1932 J&J 4Ha Oct 1932 A&O 5.50 5.25 5 5.25 6 6 4 Ha 1932-1957 A&O 4.75 3H 1932-1951 F&A 4 60 Sullivan Oo 4h« '32-'45-A&0 Syracuse 4 hb 1932- 35 Various 5a May 15 1932 -1931 5 5.75 6 - M&S 5Xa 1932-1960—. 5 4H* June 15 *32 34-J&D15 4MB 1932-1944 M&M 4.20s Dec 15 1932-71 J&D15 4a June 16 1932 - 44—JADlo 4a 6 4.75 4.70 4.75 . . 1932 1946 ft a 4.70 J&J15 J&J15 3 ha 1937-1940 j&J15 3Ha 1941-1951— j&J15 3a 1932-1933 J&J15 3a 1934-1936 J&J15 3s 1937-1940 J&J15 3s 1941-1951 J&J15 3a 1952-1971 J&J15 Tlconderoga S D No 5— 4Ha July 1954-*58 J&J Tonawanda (City of) 4Hs 3Hs 1932-1933 3Hs 1934-1936 6 5.50 5 4.70 6 5.50 4.80 4.60 4.50 6 Bid. Bonda Forsyth 4mb 1933-1903 4h« 1933 1965 6 •5a 1932-1933 4 Ha 1934-1957 High Point 4mb 1933 '48 A&o Lincoln Oo 5s 1943 & '48-j&j 5a Bridge 1937-1951—f&a Mecklenburg oo— 6s Ref Nov 1950—M&N 6 6 Troy to 1932-1940 reg—A&O 5 50 6 a&O a&O 4Hs Feb 15 1932-19574Ha 1932-1970 J&D 4H« 1932 4 Ha 1933-1950.— 4.85 4.75 J&J 4.75 4.75 3Hs Water 1932-36 J&J Utlca—4 Ha 1932-35 M&N 4mb Pub Imp '32-*45-J&J15 4.75 4Mb 1932-1965- 6 F&A F&A F&A 4.20a 1932 4.20s 1933-1937 4.20s 1938-1949 4.15s 1932 6 5 4.75 M&N M&N - 4.15s 1933-1950 4.10s 1932-1946 3.90a 1932-1948 3Ha May 15 3H« May 15 Warren Oo 4 Ha 5Hs highway 5.50 6 F&A ,32-,35—M&N '36-'51 M&N 1932 'AO 6 4.70 5 4.80 F&A 1934-'53-F&A Warsaw Union PrSDNo 10— 4Ha 1932-1942 Watertown 4Ha 1942 4Hs 1932-1953 to 1932-1945 4s May 1938 Westchester County— 5Ha 1932 reg 5a Oct 6 4.80 J&J J&J J&J 4.85 M&N 5.25 4.75 J&D 6 4.80 4.85 4.75 4.75 4.75 4.75 5 4.70 J&d 1939-70 6a June 1 1932-54 J&D 4hs sao 8ew *33-'82--J&J 4hs Parkway 1962-88-J&d 4mb oo Bldg 1932-44—a&o 4a Oo Bldg 1932-59—M&S 4a 1932 to 1936 F&A 4s June 1 1959-1964—J&D 3Ha 1933-1934 J&D 3Ha 1935-1939 J&D 3Ms 1940-1951 J&D 3Ms 1952-1980 J&D 3Ha 1933-1934 J&D 3Hs 1935-1945 J&D 3 Ha 1946-1951 J&D 3Hs 1952-1963 J&D 7.50 7.50 7.50 7.50 7.50 j&J 7.50 7.50 5 25 5 4.75 4.70 525 4.75 4.70 4.60 White Plains— 4mb 1935-1959 (reg)—m&s 5Ms Sch 1932-1930.—A&O 3.90s 1933-1954 F&A Wolcott 4Ha Jly 15 Tanker a— 5 6 4.75 *32-'42J&J 6 5hb Jan 1933-1961—A&O 5s 1932-1961 A&O 525 5.20 5.15 4Ha July 1 1932-62—A&u 4Ha Feb '33-'36 A&O 4Ha Feb *37-'49 A&O 4mb Mar 1 '32-'56—a&o 4Ha Feb 1933-1936—A&O 4 Ms Feb 1937-1949—A&O 4s 1933-1958 F&a 5 75 6.50% 6.50% 6.50% 6.50% 6.50 6.50% 6.50% 6 5.75 - 6 5 75 6 5.75 4Hs 1940-1954 6 5 75 4Hs 1967-1968 6 5.75 6 5.75 481934-1935 4a 1932-1939 6 5.75 6 5.75 4s 1941-1954 4s 1967-1968 Ashevllle— 6 5.75 / 5 Ms / 5Hs / 5Ha / 4Mb / 4Mb / Buncombe Oo 5a,32-,40--J&D / 4mb Funding 1939—m&s / 6s Bridge l$2-37 a&O / 4MB 1936-1941 4Hs 1942-1946 4Hs 1947-1955.. j&d 4Ha 1956-1979 M&N 6 5.50 Durham 4Mb 1932-1940—J&J 6 6.50 to 5.50 % VV 70 to 5.50 to 5 50 to 5 50 to 5.50 'Canton s d 5a 1954—-A&os *4 Ha Dec 5 1939-42 1941-M&s 4Mb 1933-1934 4Hs 1935-1937 4Mb 1938-1939 J&D 6 6.50 J&D 6 6.50 J&D 6 6.50 6 4.20 to 4.30 to 4.30 A&o 6 4.20 •4Hs Sew Sept 3 '37-m&33 6 4.20 4s 1932-1956 m&s 6 4.20 4.05a_g Feb 1937 f&a 64.20 op *25—f&a 6 4.20 Water 1939 op '19-f&A 6 4.20 Cino s d *4hs 1934-A&013 6 4.20 4mb 1932-1933 m&s 6 4.10 to to % % 4.30 % 4.30 % to 4.30 to 4.30, to 4.30 « to 4.30 8mb Water '45 to 4.30 3s to 4.30 70 to 4.25 % 4mb 1934-1952 m&s 6 4.10 4s 1930 opt 1906 m&s 6 4.10 8mb 1940 opt 1912—a&o 6 4.10 Cleveland •5hb 194o-70-j&d 6 5% •0s 1932-1933 -j&d 5% •5 mb Pub Hall 1970-j&d 5% ♦5s w w 1936-1968—j&D 5% ♦to 1932-1935— a&o 5% 4Ha J&D 6 6.50 1940-19.51 / Flat price n Nk mlnal. 5.20 5.20 5.20 5.20 1932-1955 5.20 M&s to 4.25; to 4.25 % % to 4.25 % f&a 1932 opt 1912—.j&J 1932-1943 to 5.25 to to to 5.25 % to 5.25 % to 5.25 % 5.25,% 5.25 % 5% to 5.25 5% 5% to 5.25 to 6 6 5.75 5.75 1932-1900 m&n Warren Oo 5s 1932-34—M&S 6 575 5% Toungstowu—. ♦0s Bdge 1932-41 a&o ♦5s Police Bdg & St 1932 °4ha 1932-1957 a&o Youngstown School dlat— *4 Ha 1944-1947 m&S •6s 1932-1944 m&S 5.75 '5.75 .5.75 js.50 .'550 Zanesvllle—*5a City Hall & Market 1932-1939 ...m&s Zanesvllle 8 d *to 32-'43a&o OKLAHOMA .6 . % % to 5.25 % to 5.25,% to 5.25: % to 5.25'% to 5.25 5% to 5.25, 5% to 5.20 II 5% 5% 5% 5% 5% II 6 5.50 to 5.20 % % % to 5.20 % to 5.20 to 5.20 % to 5.20 % to 5.20 to 5.20 % % 5.20 % to 5.20> % to 6 5.50 6 5.50 6 5.50 6 5.50 to 5.75'% [to 5.75 % to 5.75 % to 5.75 to 5.75 a&o 6 5.50 !to 5.75 to 5.75 Road 1933-1934 Road 1935-1936 6 5.50 to 5.75 Road 1937-1938 6 5.50 6 5 50 to 5.75 4mb Road 1939-1941 1932-1941 —a&o 6 5.50 to 5.75 to 5.751 to f&a 5hs July 1940.. 6 6 % % % % % % % % 5.75,% 3.90% 4% 98 100 65 h% 65 h% 5.25% 5 25% 4.80% 5% 5.25 4.10% " 101 100 101 100 6 6% 5.75% 6 5.75 to 5 hs Wat & Park '33-*49 f& a 6 5.75 5ha 1933-1939 F&a 6 5.75 5s 1933-1947 f&a 6 5.75 to 5.50 5.50 5.50 to 6.50 to 5.50 6s Feb 1 1933-1939 to 6 5.75 5.25! % 6 5.50 6 5.50 Road 1932 6 •0s 1 OREGON ' 4hb Highway '32-Apr*44 A&o 4ha 1932-1944 (s-a)—a&o 4Hs h'way '32-*35 (s-a).a&o 4hs h'way '30-'49 (s-a).a&o 4s Highway 1932-42 a&o 4s Highway 1932-41—..A&o 4s Aug 1 1932-1933 f&A 3hs Oct 1 1952 a&o Astoria 5s 1953———j&d 5Hs 1932-1949 j&J Baker City 6s 1934 M&S Clatsop County 5s 1934.a&0 Columbia Oo 5s '32-'34.A&0 Eugene 5s 1942— m&s Multnomah Oo 4hb "32-j&d 4ha Bridge 1932-1944.j&d 4hs f&a 1949-1956 4s Bridge j&d19 Cuyahoga Oo ♦os '32-'39. a&o •6a 1936-1939 a&o, •4 ha 1932-1935 -a&o ♦4 h« 1936-1944 a&o 6 Tulsa— % % % 5.25 % 5.25'% to 5.25 Columbus s d— 1943-1952 6 6 a&o A&o % to 4.25 to j&d 6 opt *2q—m&s 6 6 Toledo Sch DIst— % Ml f&a s-a 6 6 to 5.25 j&J M&s 1936-1938 M&s ,1932-1953——- 575 4mb 1932-1954 m&s15 •4 Ha Wat 1932-34 j&j *4 Ha 1932-1953 m&S 4Hs Bdg 1933 & '38...F&A 4 ha 1932-1953 4a Park July 1 1942—j&j to 5% M&s 5.75 5 75 6 5% m&o ♦4mb 1932 to 1935 4s July 1 1932 •0s 1932 to 1935 6 Imp '32-'35.a&0 % II a&o ♦4s 1934-1955 3 Ms 1932-1956 Cleveland s d— 6 to 5.25 •4mb Fire Dep '32-'55-A&0 (Hs Olark av Bdg '42.a&o (Ha Park 1938 a&o •4mb 1932-1935 m&s •4mb 1930-1950 m&s ♦4s 1932 & 1933 a&o 4a 5.40 to 5.25 5% 5% a 5.75 5.75 m&S ha 1932-1935 4Hs Oct 16 1932-33—a&oi6 Muskogee .to Sew 1930--M&s Oklahoma City— 5hs 1934-1940 j&d 5s Water 1936 M&S 4hb 8ewer 1930 f&a 4ha Water Works 1941.j&j Okla City 8 d 4s 1933... j&> Okla Oo 4hb 1932-1933—j&d Okmulgee 6s Mar 16 1943— •4mb Paving 1932-34-j&d •4mb St Imp Feb 1 '34-F&a •4Ms March 1949 M&S a 5.25 5.40 5% a&o a 6 5.25 5.25 5.75 5.75 5.75 575 •4 h« 1932-1950 4 Ha 1932-1956 •5Ha Imp Feb '40. '51 F&a *5s July 1 1905—j&j 6 4.20 •4ha July 1943 j&J 6 4.20 ♦4m8 Sewer 1955 % % % % % 5 j&d 6 4.20 a 6 6 1932 1933 j&d 1.5 ♦0s Pub Wharf 1960—m&s •to Sewer 1949 m&s to 5 50 4Ha 1942 to 1966 ..I 6 6.50 5s Water 1933 to 1945.J&J 6 6.50 Durham County— Vfahonlng val. San. dlst— 4 hs water 1933-52 a&o tfariecta—*4 ha '32-"33-j&d Vfartln'aFy •5a'32 '44—M&S Miami Conservancy Diet— 5hs (1 to 5 yr mat'y)—j&d 5h8 (5 to 10 yr mat'y).j&d 5ha (after 10 years)...j&d Montgomery County— *5a fl Kraersr '32-42—j&d 5s ref 1932-1933 a&o 5s *5ms Fund 1932-37—j&d b 5 25 •6a Water 1944-1959—a&o b 5.25 4mb 1933-1955 ana M&N 6 5.50 M&N 6 5.50 M&N 6 5.50 5.75 5.75 •4mb 1932 1937 ♦4h 1932-1940 a&o Toledo ♦to w w '37-'44.f&a •5a Sept 1932-1942 m&s •6a Sewer 1932-37 m&s b 5 25 □anton—*58 Sew 1953-.m&s b 5 25 •6s 5.75 ♦5s Road Ashland *5hs 1932-44-a&0 Cambridge—4ha *33-'34-J&j 6 5 25 ♦5a Sewer 1953 m&s b 5 25 8 mb j&d 1932-1935 Summit Oo— a&o a&o •5s St Impt 1932 •4mb 1932-1935 '32-'48—M&N 6 5.50 4Hs 1932-1970 M&N 6 5.50 4Mb 1934-1935 M&N 6 5.50 5.75 5.75 Steubenville *5a 1932-35.m&s a&o a&o »6s 1932-1959 Charlotte 5 Hs 5.75 575 4s •5a Water Dec 15 1932 1950 4a Wat w *45 6 Sprlngf'd 8 d ♦ss '32-'39.j&j2 Alliance 4 ha 1932 4Ha 1932 5.75 4ha St Impt 1932-39-.m&s •4ha 1932-1949 m&s 4 hs 1938-1950 a&o 4s Water Works 1942—a&o •Allen Oo 5Hs 1932-'50-a&0 •4 hi 5.75 5.75 5.75 4 J&j a&o a&o 4hs 1934-1937 •4 ms 4.25 4.25 4mb 1933-1950 Springfield *5a 1932-1934 J&j Heights 8 d— a&o Columbus *0s 1949-57.-M&s 36 36 36 36 36 36 34 34 34 4.25 Portsmouth City s d— 4 ha 1932 A&o Cleveland J&J 1932-1967 J&J Street 1933-30—F&A 1935-1969 M&S 1932 1965 M&N 1932-1902 a&O to 1933-1969 6 Basis. to4.80 % OHIO (See footnote •> •4 hb Grad Oros *32-'54 a&o 5 5.50 4.25 5s ♦Akron 0s 1932-1940 a&o •5s Water 1932-1953—a&o 550 5.50 5.50 5s ref 1934-1935 a&o to ref 1936-1941 a&o Newark itf32-41 —.A&o Portsmouth—6s '33-'30—j&j ♦5s 1936-1940 525 5.50 4mb 1932 —j&d2 4 ha 1933 j&d2 4 ha 1934-1940 j&d2 •4 ha w&SSepl0'32 -35m&810 4Hs July 1951 & *55 j&j ihs Jan 1957 j&j *rand Forks 5a..May *32-'38 6 J&J 6 5 75 - 5h 5.25 5s 1932-1938 A&O north carolina 5a July 1961 4Mb 1933-1902 4MB 1934-1935 4MB 1936-1939- NORTH DAKOTA 5s Farm Loan 1935.1940.1945 and 1950 j&j 6 5Hs 1945 & 1948 ser o—j&j 5 Ms July 1932-1933 j&j •4.40s 1958 Cincinnati—*5 Ms 5.50 w Lucas Oo 4a o-h1944—M&S -m&s M&n15 j&J j&j j&J •4mb 1932-1940 •4 ha 1932-1939 *4 ha 1940-1952 4hs 1932-1933 w •to Park & Imp '32-'41_a&0 •Lawrence Oo to 1934. .-m&S lima *5 h> Sewer 1932-1947. •ss Sewer Feb 15 '32-'5l Lorain 5s 1932— ....j&j A&o a&o 4msg Wat & Sew *48--a&o 4ha Pub Imp 1933-190oj&j Winston-Salem 5s 1932 ..j&J 4.75 4.70 A&O to 5.50 to'5.50 ua«cewood—*4h« '32'39a&0 •4ha Oct 1945 —a&o Wilmington— 5a Ref & Impt 1955 4Hs 1932-1962 •4 ha 1938-1955 4.75 4.75 hoh June'36 op '10-j&d Ironton »4Ha w w '36-j&d M&n 4.75 to 5.40 to Hoa&Bge 33 "35 f&a Hamilton Oo *4ha 1943-f&a ♦4m« Oct 1 1939 .a&o •4Ha Sewer 1932-'45 Salisbury 0s Impt *32-'35-j&J •5 Ms 1933-1937 •5 ms 1938-1951 *4 ha 1932-1947 6 5.20 6 5.20 65 •5 ha m&s J&j Raleigh to Munlc Bldg '39j&j 5a Impt June 1 1944... j&d 4mb 1932-1907 a&o Randolph Oo 4 Ha '33-'47.f&a 4mb 1948-1959 f&a Rutherford Oo 5a '32-'62—j&J 4Hs 1932 to 5.40 to 5 40 to 5.40 to 5 40 Franklin County— m&n 4 Ha 1932-1958 4 Ha July 1 1942 4 ha July 1 1952 6 5.20 6 5.20 6 5.23 1932-1946—j&j Fostoria *5s w w *32-'40 m&S 5a Fund June 1959 5a 1933-1936— 5s Sept 1932-1947— to 5.40 to •6a 4mb 1943-1947— 08 1932-1941 to 5 40 to 5 40 6 5.20 (East Liverpool—4s 1940-j&j 6 5.20 Elyria 4s 1932 60 1938—j&d •4 Ha 1932-1952 m&s j&j A&o Pitt Oo 5s 1932-'30 1932-1951.m&8 Net. Ask. «5a Mar 16 r32-'48—m&su 65: ®aat Cleveland— •5a St Impt 1932-35—a&o 6 5.20 to Wat Serv 1932-1909 j&d Iredell Oo 5s Aug 1 '42.f&a 4Hs 1932-1939 4 Ha 1940-1950 Imp 1945—f&a •4ha w w Imp 1940-j&d •4ha Bdge 1933-39-a&o •4 Ha 1932-1940 m&8 4mb 1941-1961 m&s Dayton s d 6 ha "41-'61 m&* m&n m&n - w w •4 ha Bdge —J&j f&a 4a Water Works 1954—j&j Greenville 5s w w *58—f&a Guilford County— 4 Ha Bid. Dayton—5a 1932—— m&n 6 5.20 •5 ha w w Imp 1944-j&d 6 5.20 7.50 6.50% Oo 4Ha '32-'58-j&D To or Bonda Net. 6 0H« Water 1932-1950—J&J Ask. Granville Oo 4mb *39—m&n Greensboro 5s 1942 w—f&A 4mb 1932-1973 1933-1942 J&J 4Kb Sewer 1932-1953—J&J to Water 1932-1950 J&J Yield Basis To or Net. 6 5 J&D J&J a&o 4.30a 1933-1948 4.16a BONDS Yield Basis 1945-1955—-j&d 5s Road 1932 1939—-M&n Multnomah Co s d No 1— 4hs July 16 '324s July 15 Portland— 39—j&J 15 '40-'45 j&j 15 „ to Harb Dev 1932-50-m&n 4Hs Dock 1943 4hb Oct 193247 4 ha 1933-1960 4s Water 1937 M&n a&o M&n m&n (s Water 1936-1955—-M&n 4s Water 1939-1958 j&j 6 4« Water 1040-1959—f&a 5% to 4.75 % AND STATE Pt of Astoria 5s SOUTH PENNSYLVANIA 117 4Kb Dec 1 1951 opt *36--J&D 6 3.60 4MB 1934 1939.1944.1949J&J 6 3.60 July 1 1951 Series O—J&J Highway 1932. 1935. 1937 to 3.85 to 3.85 *50. *52— 6 3.60 to 3.85 4s Highway 1941. *43. *40. '48. '61. '53 M&8 6 3.60 90 Allegheny—-4s 1937 .M&N to 3.85 *40. '42. *45. *47. _ 97 Allegheny Co 4M» '43—M&N 4MB 1932-1950 A&O 6 4.60 6 4.60 4Mb July 1932-1958—J&J 4M" 1940-1959 J&J 4s Bridge 1942 F&A 6 4.60 6 4.60 1932-1958 M&S 6 4.60 85 Altoona—4s '34 opt *14—J&J 85 4s Ref 1930 opt 1910—J&J 4t to 4.40 to 4.40 Greenville Oo 4Mb 40-*55-j&j 6 6 50 90 85 to 4 40 to 4.40 4.40 to 4.40 to 4.40 to 4.40 to 4.40 to 4.40 to to 4.40 to 4.40 to 4.40 6 4.60 4.40 to 4.40 to 4.40 6 4.60 6 4 60 to 4.40 to 3Ms Sewer 1934 M&S 6 4.60 6 4.60 Lancaster S D 4s May 1945 6 4.60 LowerMerIonTwp4s.4 M s ,4 6 4.60 McK'p't 8 D 4Ms '32A34" 6 4.60 6 4.60 6 5.75 J&J 6 5.75 J&J 6 5.75 4Mb May 1948 ,s Nov 1 1948 J&J lS Sept 10 1975 J&J s I960 Is Dec 17 1978 4s July J&J J&J J&J 1939 4s July 1942 48 Jan 1 1940 4s Feb 10 1955 4s Nov 11900 82 M&S M&S 4Mb 1932-1934 4Mb 1935-1941 Richland Co 5s 1933 6 6.20 6 to 6.75 6 5.75 6 5.75 6 5.75 6 5.75 6 5.75 6 5.75 to 4.40 4.40 4.40 to to 4.40 to 4.40 to 4.40 to 5.50 to 5.50 to to 5 50' 50 5.50 5.50 5.50 5.50 to 5 to to to to to 5.50 5.50 5.50 to 5.75 to 5.75 8 to 5.75 8 5.75 a to 5Mb Road--. to 4.50 to 4.50 6 4.75 6 4.60 to 4.40 6 4.60 to 6 4.60 to 4.40 4.40 4Mb School 1950 4ns Memorial Aud 5b Hospital 1954 A&O '52M&N —M&S 6 6% III to 5.50 '39.'44. *49. Port Arthur— „ to 5.50 to 5.50 % 4 40 6 4 60 to to 4 40 4.40 to to 4.40 1933-1950 J&J 6 4.60 Wash'n Oo 4Ms '32-'34-M&S 6 4.60 4s 1932-1933 M&N 6 4.60 to 4Ms to 4.40 *47—J&J 4.40 4Ms Highway 1947 J&J 6 4.75 6% Oo Memorial '32-'50J&J 6 4.75 50 Dyer Oo 4Mb 1955 Fayette County— 4Mb Road 1958 J&J to 4.65 to 4.65 60 Giles County— J&D Highway 1947 6% to 4.40 6 6% to 5.50 to 5.50 % Gibson WIlkes-Barre— 6 4.60 6 4 6C Davidson County— to 4.40 to 4.40 County— 4% Road 1933-1958—J&J Hamilton County— 4Ms Imp ser I *32-'38-A&0 4MB 1933-1940 J&J 6 4.60 4Mb Impt 1940-1945—J&J 6 4.60 to 4.40 1957-A&O 6% 6% to 4.40 Jackson— 6 4.60 to 4.40 6.25 6 4.60 to 4.40 4M% Ref 1933-1948—J&J Johnson City— to 4.40 4M% Refunding 5% Bridge 1944 5Ms Impt to 5.50 to 6% 1932-1940—J&D Knox Co 5b Pike & Bridge M&N May 1 1932-1940 BHODK ISLAND 82 6% 6 6% 5s '54759. '04— to 5.50 5.25% 5.25% 5.40% 5.40% 5 .40% 5.40% 5.40% 5.40% 5.40% 5.40% 5.40% 5.40% 5.65 5.65 5.65 5.65 5.65 5M 5M 6 6M 70 5.50 F&A 1933-1970 5.251 5.65 San Antonio—5s *32-'53-M&8 docke County— 4Mb Road July 15 82 82 5.65 565 5 65 1942-1947 Houston S D 5b Feb 1952.... 4Mb 1937-1951 .J&D Palestine 5s Sch Aug 1 1934. 1959-J&J 5s funding Jan 1 82 5.50 a darter County— Cumberland Oo 5s 1950—J&J 6 4.60 5 65 to 5.75 J&J 5.50 1932T1957 J&J Imp 1934-35 (s-a).J&J Impt 1930-39 (s-a).J&J Impt 1940-55 (s-a).J&J s Chattanooga— to 4.50 7% 5.50 to 5.75 J&J J&J 5a Memorial Aud'm 1901 -J&J 6 4.75 6 4.75 to 5.40 4Ms Apr 10 '32-'50-A&OlO 4Mb Road Apr 10 '32-'0O-Houston—5s Sewl939—M&n 5s Ref Oct 10 '41op'31-A&0 6a Mun Imp •33-'36—F&A 4Mb Sept 1932-1952—M&N 4Mb Oct 20 3Sop'2S_A&0 to 5.75 highway 1939 to 4.50 to 5.40 5Mb Road 1932-'54-A&Oip Harris Oo 4s '47 op *17 A&O rrli highway 1939 J&D bridge 1945 J&J refdg July 29 1955—J&J to 5 50 to 5-50 1932-1937 M&S 6 4.60 1932 & 1935 A&O 6 4.60 Bcranton SD 4s 1932 & 33 A&O 6 4 60 F&A M&N to 5.40 to 5.40 Grimes Oo. TENNESSEE 6 5.75 6 4.75 4s York 4Mb 1932-1943 York Oo 3Ms 1932 J&J 1932-1934 to 5-40 Galveston—5« 1932-1935.J&J 5s Grade Rals 1944 A&O 5a School 1932-1954—M&8 6a 1932-1950 A&O 4Mb Grad. &c. *48op*28 J&J 4Mb Grad.&c.'49 op'29A&0 Galveston County— 5s Bd Apr 10 *51op*31 A&O 6 6M Stanley Co 4Mb fd '43-'48 J&D Stsux Falls 8 D 5s 1935—A&0 5 Mb Dec 11940 J&D to QQ to 5.40 4Mb 1936-1904 4s Refunding 1941 racks on Oo— to 93 A&O J&D J&D F&A F&A — July 1 1945 93 F&A A&O 5a 1935-1969 4Ms 1936-1971 4Mb fund 1932-47-M&N 15 Perkins Oo 4Mb fd '30-'47 J&D 6 5.75 Impt Aug 1 1948 93 93 93 4Mb 1932-1960 85 1Mb Rural Credit 1939—J&J Dorson Oo 5s fd 1932-47-M&N 6 5.75 6 5.75 4s J&J 5s to 6 40 to 5.50 to 5 50 5.15% 5.15% 5.15% 5.15% 5.15% 5.15% 5.15% 5.15% Fort Worth 5b 1951 4s refdg July 29 1955 4s 1932 to 1935 to 6.50 to 6.50 -M&S M&S15 J&D J&J15 J&J15 5s Sept 1941 5s Mar 15 1932^35 5b June 1 1932-39 5b Jan 15 1934-40 5 Mb Jan 15 1943 to 5.50 4MB *32-'41 F&A 5s 1932-1950 —F&A to 6.50 5s Rural Credit *33-'40—A&O to 5.50 Bcranton 50 to 6.50 5b 6 5.75 6 5.75 J&J J&D Pittsburgh—4Mb '32-*50 J&D [s 1935-1937 M&S lS 1938-1940 M&S L933 to 1939 J&J 4Mb '32-'38 taxable.-M&N Reading 5s Impt 1943-49.J&J Schuylkill Co— 4Mb 1932-1955 J&J ck to 6.50 SOUTH DAKOTA to 5.50 1937-1950 95 to 6.50 to 9 77 F&A M&N 4Mb 1932 M&N 4Mb 1933-1970 M&N 4Mb July 1 1932-1949-J&J 4Mb 1932-'45 M&N 4Mb 1940-'85. M&N 4b School 1932-1951—J&J Dallas Co4MaSeptl0'51 Apr 10 5s Vlad't & Bridge Feb 10 1954 ont 1924 Apr 10 RJ1 Paso 6a W W Purch'50 A&O 5b Fund 1951 opt '31—M&8 5a School 1955 opt '35—J&J to 6.30 J&JJ J&J 6 5.75 J&J 6 5.75 4s 1932-1942 Dallas 5s 1932-1960 to 6.30 Spartanburg 4Mb 1935--A&O 6 6.75 6.75 4Mb Water 1933-1939—J&J 6.75 4Mb Water 1940-1905.J&J 6 6.75 5s Sept 1 1939 6.75 5s Nov 1 1943 6.75 Spartanb'g Co 4 Ms "37-47M&S 6.75 4Mb 1932-1950M&N Sumter Oo 5s '33-'52 J&J 6 6 75 York Oo 4mb 1933-50 80 4Mb 4Mb 1Mb 4Mb 4Mb J&J J&J 4Mb 1941-1959 M&N 4Ms Apr 15 1939-58-A&015 6s Water 1932 1959— to 6.75 77 07-F&A Corpus Christ! 5s fd to 6.25 7% 90 M&S 1934-1942 6s Road Mar 15 1933-1957Cleburne 5s WW'52op*32 J&J 85 6.50 90 '31-J&J Rock Hill 5s 1951 opt Cameron County— to 6.20 6 6.50 J&J J&J 5Ms impt Apr 10 1956-196.r 6% to J&J J&J J&D Brazoria Co— to 6.10 7% J&j J&J to 5 50 4s July 20 1972 4s 1933-1940-F&A —J&J 6 5.75 J&J 6 5.75 3 Ms July 1 1934 Phila S D 4Mb '32-'43 to 6.10 4Mb M&N 0s July 1940 Marlon Co— to 4.40 Lancaster— 5s Jan 1951 6.50 % to 4.40 6 4.00 6.50 4Mb Hlghw 1933-1945-P&A 5s Highway 6 4.60 6 4.60 A&O A&O 58 1932-1939 5s 1940-1905 4Mb 1932 7% Greater Greenville Sewer DIst l Harris burg— Imp '32 to '30-M&8 4s May 15 1932-1963 4s 1932-1942 F&A Jeanette 4Mb 1932-1950.M&S Lackawanna Oo 4s 1944.F&A Lancaster Co 4Ms & 4Mb to Greenville—5s St 1942 J&J 6 6.50 5s Water 1958opt '38-F&A 6 6.50 Lancaster 8 D—5s 1941 4s Pub 7% 4.40 90 to to 4.40 Fayette Oo 4s road 1930-A&O 6 4.60 to 4Mb 1933-1935 to Erle—4Mb 8cb 1932-'39-A&o 6 4.60 4 Ms 1932-1933 F&A 6 4.60 4MB 1934-1900 F&A 6 4.60 Erie S D 4s 1932-1938 F&A 6 4.60 4Mb 1932-1937 A&O 6 4.60 6 4.60 4Ms Jan 1 1930-1940 Beaumont 69 '52 op '32—A&O 5b Water Works 1954-M&S 85 80 6 7.25 4Mb 1936-1970 4s 1942 opt 1922 6 4.60 6 4.60 85 95 Water 1945 4Mb 4.40 M&N 6% 90 80 95 6 4.60 op'17 tax-ex J&J 6 4.60 J&J 6 4.60 4MB 1935-1940 6 4.60 Chester S D 4 Ms '32-'47-'42- to 80 88 SD5»i '35. '40. 4s 1932 to 1935 to b 6.40 1932-1942 88 to 4.40 4Mb 1907 Kershaw Oo— Chester 4s'37 6 6.40 4Mb 6s 5fl SchBlg&Hos J&j 4.40 to 90 Cambria Oo 4Mb '32-*46 Austin to 0s May 15 '30-*4O-M&N15 Columbia 5s Ref 1941 M&S 85 —J&D Braddock 4 Ms *32-'44—M&N Amarillo 6% 6% 6% to 6 6.40 Clarendon Oo— 85 *60- '33-'58_M&815 J&J '62op'32J&J 4Mb 1933-1961 J&J 4Mb 1933-1953 J&J 4Mb 1954-1958 J&J 90 85 6 6.50 93 *32.J&J 4s Highway '37 opt Abilene 5s Feb 15 *59-'65—. 98 Altoona S D 4s '32 to *35-A&O *45. 90 Ask. TEXAS. 1932—J&J 4Mb ctfs indebt r39-'53—J&D Aiken Oo 4mb 1937-1945 Anderson Oo 4mb 1933 —F&A 4Mb Highway 1934-37.F&A 4Mb Highway 1938-43-F&A Charleston—4Ms Jan '62.J&J 4s Refg '38 (tex-exem)_J&J Charleston Co 6s 1937 J&J Oheraw 5s '52 opt '32.-July 1 90 90 Bethlehem 85 To or Bid. Bonds. Net CAROLINA. 4s Refund 1952 opt Salem—5s Sewer *32-*33 M&N 4s Ask. Refg 1955- J&J Pt of Ooos Bay Harbor 5s Port of Portland 4s 1934-_ J&J 5s Bid. Bonds. Net. Ask. To or To or Bid. Yield Basis Yield Basis Yield Basis Bonds. 107 MUNICIPAL BONDS 5Mb W W 1932-'35—M&N 5Mb W W 1936-'65—M&N 5s Sept 1932-1953 M&S 5s Sept 1932-1959 5b St Tmn Dist No 2 1943 4Mb 1933 1967 J&J 4Mb 1^32-1968 F&A San Antonio S D 5s '56--F&A Tarrant County— 4Mb Oc% 10 *32-'33—A&OlO 4Mb Oct 10 '34-'69__A&010 6 Waco—5s 8ewer 1937—J&J 6 58 Water-Works 1942—J&J 6 4Mb Water 1937-1968—J&J 6 Wichita Falls 6s 1950—m&n 6 5 Ma 1932-1940 M&n 6 5s Feb 10 1960 F&A 10 J 4Mb 1932 1955 M&n 6 4Mb 1932-1960 J&D 6 4Mb 1933-1946 F&A 10t& 5.50 5.50 5.50 5.50 5.50 5 50 5.50 5.50 5M% 5M% 82 5.25% 5.25% 5.25% 5.25% 5.25% 5.25% 5.25% 5.25% 5.25% 5.25% 5.25% 5.50% 5.50% 5.50% 6% 6% 6% 6% 6% v % Knoxvlile— Is Oharlt Inst ig05 Is June 1 1977 M&S 6... J&D 6 1Mb gold 8 H 1934 J&J 6 Jranston 4s Scb 1933-'60— J&J 6 5.50 4Mb Mar 15 '32-73-M&S15 6 5.50 lohnston 4Mb 1935-1940 M&N ST Prov'ce 4s June 15 *47-J&D Newport—4Mb '32-'39-.M&8 5 Ms June 1 1932-1958 4Mb May 1932-1942—M&N 4 Ms Mar 1932-35 M&S 4s May 15 1948 M&N 8Mb g High Sch 1954.J&D Pawtucket—4Mb 1950—J&J 4Mb Sewer 1952.. J&D 4 Mi School 1954 4s Water 1937Providence— M&N M&N 1932 J&D 4Mb 1933-1937— J&D 4Mb 1938-1959 J&D 4s Water Jan 2 1930 4s Jan 1 1945 J&J 4s Oct 11954 A&O 4s July 1950 J&J 4s May 2 1957 M&N 2 4s May 1902 M&N 4s Water 1902 J&D 4s Oct 11904 A&O 4s 1933-1950 J&D SVesnsocket 4Mb Fd "41-J&D 0s Fund 1932-1935—M&N 0s Fund 1930-1901—M&N 4Mb 4MB 1932-1907 J&D 4M« Funding 1944—M&N 4Mb 1932-1907 J&D 4Mb June 1932-1957—J&D 5s 1932-1930 M&N 5s 1937-1942 M&N 5b Funded 1932-1959—A&O 4s Funding 1947 A&O IS I 6% 4.30 4.30 4Mb Impt 1932-39 F&A 6 7.50 4Mb Park 1933-1935—A&O 6 7.50 4.30 5s 1932 5s 1933-1937 to 5% to 5% to 5.50 to 5.50 to 5.50 6% 5.50 5.50 5.25 5.25 5.25 5.50 5s 1938-1951 M&S 6 7.50 —M&S 6 7.50 M&S 6 7.50 5M % Fdg Sept 11950.M&S 6 7.50 vladlson County— 4M % Highway *32-'49 J&D 6 6 50 Memphis 5a July 1954—J&J 6 6% 58 River Term '32-'48_A&0 6% 4Mb Water 1932-1962—J&J 4Mb Water 1949 It J&J A&O 6% 6% 4Mb 1932-1955 -J&D 4b Water 1933 M&N 6% 4s 1932-1954 M&S 6% Montgomery Oo—5a Cumber¬ land River Bdge 1953.F&A 6 5.50 N&ahvllle 6b 1932-1942—A&O 6 5.50 5b March 1932-1960--M&S 6 5.50 4Mb Park 1959 to 7% to 7% to 7% to to 7% 7% 7% to 6% to UNITED STATES—See to 5 50 to 5.50 to 5.50 to 5.50 to 5.50 to 5.50 to 5.25 to 5 10 to 5.10 to 5.10 J&J 6 5.50 M&N J&J M&S M&S J&D 6 5.50 to 5.10 6 5.50 to 5.10 6 5.50 to 5.10 6 5.50 to 5.10 Hospital '33-'50 1935-1908 s 1932-1907— s 1934-1948 1932-1933 Polk Oo 5b 1932-40 Robertson County— to 4.50 6 4.25 to 4.50 6 4.25 to 4.50 5s Capitol 4Mb Capitol Bldg 1934- .A&O —J&J 4Mb Road 1939b July 1 1939 -J&J 4s Capitol Bldg 1934 -J&J Ogden 4M % 1932-1945 —: 4Mb Refunding 1932—J&D 4Mb Ref Wat 1933—M&N Salt LakeOity— 5s Refunding 1941 J&J 4Mb May 1 1934 M&N 4Mb refunding 1934—M&N 4s Ref 1932-1935 A&O 4b Ref 1930-1945-4 A&O 4s Ref 1940-1905 A&O Salt Lake City S D— 4Mb Aug 1 1933 F&A 4s May 1 1949 M&N Salt Lake Oo 4Mb 1941 to 5.10 s —J&J 6 4.25 6 4.25 Bldg 1934— —J&J to 5.50 to 5.10 s 6% to 5.50 VERMONT. 6% 6% 4M% Jail 1940-1951—M&S 6 6% Smith County— 5 Ms Fdg 1935-1958—J&J 66% to 5.50 1932-48. J&D 4Mb Oct 1 1932-1949 A&O Middlebory 4s '41op'21.M&N Rutland 4Mb 1946-48 J&J 4Ms Road 1948 Shelby F&A 6 County— 4s Courthouse 1957—-A&O 6 5s Aud Mkt H'se '49—M&S 6 3Ms to 5.50 to 5.50 to 5.50 Tipton County— 4Mb Road July 2 '32-'58J&J 6 6.50 Washington County— 5% Fdg June 1 1954 J&J 6 6.50 White County— 5M% Highway 1955—M&S 6 6% to 6% to0% to 5.75 16 & 1 UTAH. 5Mb April 1 1941 to 5.50 6 5.50 5b Memorial 8q '32-'50 4Mb High Sch 1940 J&J 6 5.50 pages % — to 4.50 6 4.25 to 4.50 6 4.25 6 4.30 to 4.50 to 4.60 6 4.30 to 4.60 6 4.30 to 4.60 6 4.25 6 4.25 to 6 4.25 to 4.50 4.50 to 4.50 6 4.25 to 4.50 6 4 25 to 4.50 4.25 to 4.50 6 4.25 6 4.25 to 4.50 6 4.25 to q to 4.50 4.50 Net. STATE 108 AND MUNICIPAL Yield Basis Yield Basis To or Yield Basis To or Net Ask. Bid. Bonds. BONDS Bonds. Bid. Ask. Bonds. Hancock WASHINGTON VIRGINIA 98H 99 4Hs ctf Indebt 1933-37—J&J Albemarle Oo 5a 1948——J&J Alexandria 6a 1932-1966. A&O Arlington Oo 614a'33 '54-F&A Bristol 514a Sch '34-'53--vCharlottesville 5s 1962—M&8 5s Water Impt 1958—J&J 99H Danville— to 4.50 to 4.50 % 4.75 4.75 to 4.50 to 4.50 5% 5% 5% 5% 5% 5% 5% 5% 6% 6% 6% 6% 6% 6% 6% 6% 1 4Hb Munfc Impt '42-M&S 4Ha Renew Apr 1 *41-A&O 4Ha Imp July 1940—J&J 4a Impt March 1936—M&8 Petersburg 4Ha 1952—A&O Portsmouth—5Ha 1951—F&A to 4.75 to 4.75 to 4.75 4.75 to 4.75 to 4.75 to 5H 5H 5H 5H 5H 5H 5H 5H 4.75 to 4.50 5% 5% 5% 5% 5% to 4.50 4.60 to 4.50 4.60 to 4.50 4Ha Imp Oct 1 1942—A&O 4Ha Sch & Sew 1938—J&J J&J 5a Water 1948 J&D Richmond—4Hs 1949 J&J 4HQ 1958 J&J 4 H* July 1 1964— J&J 4ka July 1 1941 J&J 4 July 1 1965 J&J 4s 1938 to 1943 J&J 4a 1941 J&J 4s Elec Light 1942 J&J 4s 1943 -J&J Roanoke 4 Ha Ref 1936—J&J 4 Ha Street Impt May 1940 4Ha Pub Bldg 1941-M&N 4Ha Pub Bldg 1944—M&N 4 Ha Apr 1952 A&O 6 4a Street Impt 1936 J&J 6 Staunton 6a 1932-58 M&S b % % % % % % % % % % % % % % to 4.75 to 4 Ha 1932-1954 to 4.50 to 4.50 to 4.50 4 60 to 4.60 to 4.50 4.60 to 4.75 4.75 to to t.OU 4.60 to 4.50 4.60 to 4.'50 4.50 4.75 Bid. Bonds. 22 Atlanta Post Office 5 Ha Barclay Hotel 6Hs 1945 Blltm-Oornmodore 1st 7s '34 M&S Blng & Bing deb 6Ha 1950-M&S Boston Parcel Post Station— 5 H" Oct 1 1935 A&O Boston Poat Office Serv Station— 22 Bid. ; 53 54 36 Harrlman Bldg 6s 1951 Herald Square Bldg 6a 1948— 60 64 23 28 52 62 7% 24 H 86 H l 3 19H f 6s 1944—A&O 70 80 10 30 40 19 17 22 50 70" 68 33" ' 51 51 Liggett Bldg 1st 1 h 6 Ha '62.F&A Lincoln Bldg 5Hs 1953 Lincoln 42d St Oorp— 1st mtge s f 5Hs 1953 J&I) — - Deb a f 6H8 84 Prop 6a'45-J&D Loews Theatre Rlty & *47 M&S15 Lond Gu & Acc Bldg (Ohlc) 6s '62 Lord Bait Hotel g m 6Hs '45 A&O 70 55 H 30 86" 40 Lords Court Bldg 5Ha 1942.J&D Louisville P O 5H» Jan 11943 J&J 38" 40" s 35 s 3SH 70 80 46 50 35 40 72 85 30 20 15 11 West 42d St 6H* 1945 Eppley Hotels 6Hs 1941 J&J Eqult Office Bldg (N Y) 5s 1952Ferry Sta P O (San Fr) 6a 19345th Ave & 55th 8t 6 Ha 1945 43 Exchange Place Bldg 6a 1938fiO Bway Bldg (N Y) 6s '40-M&8 1600 Walnut St(Phlla) 1st 69*47. 40 Wall Street Bldg 1st 6s 1958— 31 34 38 North 47 49 H One E 55tU St Oorp 0Hs *45-J&D 40 55 60 111 John St Bldg 6a 1948- 38 41 165 Broadway Bldg 5Ha *51 F&A 59 63 70 75 38 42 6s 1944 Fulton-Flat bush Bldg 6s '48. J&J f Certificates of deposit f Garrett Bldg (Ohlc) 5 Ha 1931-40 Gen'l Motors Bldg 08 1948 11 26 38 28 42 (Bost) 50 One-Seventy Bway (NY) 0Ha '49 One West 39th St Bldg 7a 1945. ^ 30 38 35 18 20 35 65" George Washington Hotel 6s 1944 18 Fr) 6s '45.F&A Parana Bway Oorp 5Hs'51—J&J Paramount Theatres 0s 1945.J&J Park Ave Bldg 6s 1941 Park Lane Oorp 0Ha 1943 Park Lexington Oo 6Hs '53—J&J Park Row Bldg 0a 1943 A&O Pennsylvania Bldg 6a 1939—M&N Pitta Hotels Corp 1st 5 Hs '48M&J Pittsburgh P O Serv Station— 5HS Dec 1 1938 J&D 50 20 30 30 13 16 25 51H 28 38H ,lnc(AtlOy)6 Hs'40 39 60 Palace HoieKSan 45 — Saks Realty 6a 1931-1940 37 H 50 15 1931-1932—II 26 28 40 s s 40 - J&J f 40 20" 30" 15 20 1H 3H 87 90 73 76 55 - 37 28 18 26 40 36 H ? 39H 95 100 41 42 A&O Vanderbilt Ave 21 19 50" Un Masonic Norfolk P O 0a Mar l 11 Rosy Theatre"6 Hs 6Hs 1935-1940 Russeks 5th Ave Bldg 6s 1914 St Ohariee Hotel (Atl Oy) 6 He *45 / St George Hotel 5Hs *32-'43 M&N / 34!^ 70 Fox St Louis Theatre 40" 38"" 25 46H 70 A&O 50 1939 80 65 Station Indus Bldg f 6a 1948 84 H 82H 15 70 67 m a Ask. .... 6s 1943 Tyler Bldg 6a 1953 1900 Rittenhouse Square 6a 1944. 19th & Walnut Sts 6s 1st Bid. Bldg 1st 0 Hs '40 M&N 1 Poatum Bldg 6H» 1943 M&N Quincy Station P O (Chicago)— 6a May 1 1941 J&D Real Estate Board Bldg 7s 1946 Realty Assoc Sec Oorp 6s '37.J&J 2100 Walnut St 6s 51 Inc 1935-M&S 6% 99 33 /6 Realty, f deb 6a 1948—-J&D15 Bonds. i Transp'n Bldg(Ohlc)6Ha'41M&N Trinity Bldg 5Hs 1939 J&D 208 South La Salle St Bldg Corp— 1st s f 5Hs 1958 M&N 68 Bros a 95 '65 50 Conv 4.30% Basi C Taft Realty (New Hav) 6s'40A&0 10 East 40th Street Bldg 6s 1940Textile Bldg 1st 6s 1958 M&N N Y Athletic Club 6s 1946 15 I O'JO.1 QAA 25 55 -M&S f Bldg— A&O Fuller Bldg (GAP Realty Oorp) 1st s f 5H» 1949 J&J fia 35 60 48 6Hs 1948 Neianer 5% (Chic) 6s 1945.J&J 50 63" Nat Press Bldg 6 Ha 1950 A&016 5% 8tevens Hotel 87 65" 45 Secsf 6Hs 1946 Minneapolis Parcel P 0s July 1 1942 —.J&J Morton Hotel 1st 6s 1938—F&A Munson Bldg (N Y) 6H»'39.M&N Nat Hotel of Cuba 6s 1959.M&S to to State & Wash Bldgs (Chicago)— 1st sink fund 5s 1948ser A-M&S Sink fund 5s 1948 ser B..M&S 85 66" 51.1 —-J&D Inc— J&J 70 5% 51 40 18 1st sf6Hs 1942 to 5 25 to 4 6% 61 61" 14 to 6 48 40 f 5H* 1^63 Mercantile Properties, to 5 25 6 5 Vo 6 6% 47" 44 45 s .60 4 70 59 48 1st f 6a '58 to to 5 25 Sherry-Netherland Hotel 5 Ha *48 Shubert Theat deb 6s '42-J&D 15 Sixty-One Bway 6Ha 1950—A&O Gen mtge 7s 1945 Standard Bldg Corp 6s 1948-A&0 Stanley Real Est 5Hs '45—J&D Straus Bldg 6s 1931-1941 65" M&N a to 4 6 5 Sevllla-Bilt Hotel 7Hs'37..M&N f Master Printers Bldg 6Ha '40.J&J Mercantile Arcade Bldg (Los Ang) & leaseh 4 50 Shelburn 32 Fox New Eng Thea 6H» '43.F&A Fox Theatre & Office Bldg 6 4 80 4 50 to 38H 35" 7 1st s f 6Ha 1941 m 50 to 38H 27" 3 A&O f 6 4 75 6 4.75 37 H m lat 5 25 to 4 .50 to 4 Schulte R E Estate 6s 1935-J&D Without com stk leasehold 6a'31-'42 M&S15 Manhattan Oo Bldg— 33 H to 6% 6 4.75 6 4.75 4.60 Savoy-Piaxa Oorp 6s 1945—J&D Deb g 6 Hi 1938 J&A Mack Trucks R E Sec 6s 1930-40. Madison Clark Bldg, Chic— 58 H lat s 6 4 60 to 53 '48 with war.J&D Loew'a New Brd 60 to 72 H 38 Without warrants — 4 60 to 4 " , 18 Lafayette Hotel Lake 8h Ath Club (Ohlc) 6H» '4b La Salle Hotel 5 Ha 1940 Lefcourt Manhat Bldg 5Ha 1941. 48 4 .60 to 4s Road 1951 opt 1941—A&O 6 4.45 Natrona Oo S JJ No 2— 6s 50 s to II Plaaa Office 33 1950— 4.60 to 5% 6 5.50 A&O 6 5.50 5a 1937 and 1938 Ask. F&A 0s Eighty Fifth Ave 6s 1940 y0 % 251 % 45 - ...... to 5 45 30" 4H« 1934-1947 Superior 4 Ha Sch *32-'44_J&J Wausau 4 Ha *32-"33A&O Wood Oo—6a 1934 A&O 60 100 to 4 60 to 5 25 ti 5 25 Highbridge Station P O, N Y— 5 Ha Dec 1 1938 J&D Hotel Lexington 6s 1948 Insurance Center Bldg 6Hs 1943 Jewelers Bldg (Chic) 7s 40-J&D to 4 WYOMING to 5 25 '21M&S 6 5% to 4.60 6s 1932-1941 —F&A 66 Racine Oo 6s 1932-1940—J&J 66 to 5 25 Serleaseh 5Hs'3l-'34(a-a) J&D 50 67" 100 J&J 6 5% 4Ha Ct H'se '32-'34 M&N15 4H« Ct H'se'35-'60 M&N15 ,4Hs Sew Mar 12 '36-'45..4 H« court h'se *32 '35J&B10 4 H« court h'se '36-'49J&D 16 0«hko8b4H'a 1932-34—F&A Racine—4Ha "32'-57.—M&N % to 5 25 A&O 6 5% freeley Sq Bldg 09 I960 68"" 78 to A&O 6 5% Bonds. 1 — Fsx Det Theatre 6a 1942 4.601% to 40 - - 1 70 1945—J&D • 4.60!% to op III Sheridan 6s Mar 15 1952 M&9 _ 20 3-year 6% notes 1931 J&J B'way Barclay Office Bldg 6s 1941 Broadway Bldg (N Y) 5Hs I960. Bway Mot Bldg (N Y) 6a'48.F&A Bway & 38th St Bldg 7a 1945-— Bway & 41st St Bldg 6H« 1944— Bryant Pk Bldg (NY) 0Hs'45J&J Budd Realty 6a June 1941 6s Sept 1941— —— Bush Term Bldg 1st 5s 190O-A&O Ohanin Bldg6Hs 1945---——- Gheaebrough Bldg 6a 1948—A&O Oh Av Sta P O 5H»Novl5'32M&N Chic Beach Hotel 6s 1941 J&D Chrysler Bldg 6s 1948 Cigar Stores Realty Holdings— 8 f deb 5H» 1949 aer A—J&J Oleve Term Bldg 6s 1941 Colton Manor 1st 6s 1937---J&D Court & RemBen Sta (Brooklyn) 6a 1940Dallas P O 6s Sept 15 1935 M&S Dent, of Labor Bldg, Wash, D O— 5Ha June 1 1932 J&D Detroit Hotel 6H» 1932-41.M&8 Dodge Bldg «H« 1943 Drake (The) 6s 1939 Rritrew prh Apart Ah '31-"44_A&0 _ ^8 5H« July 1 1938 J&J Bowman-BUtmore Hotels 7s 1934 Chelsea Hotel 1st 6s to Clarksbg S D 6a '41 25 o 1937 M&S 6 4.35 Ark. 55 4.60,% 4.60!% 6a 1935-1953 f Allerton 65th St Corp(NY)5Ha'47 4.60 % to Graybar Bldg (East Offices Inc)— 1st m leaseh 5b 1946 J&D Allerton N Y Corp 5Ha '47-J&J Conv deb 6s 1942—-——-J&J J to to to 4 .60 to Clarksburg 5s '32-'34 f Allerton Oleve Bldg 6Ho 1945— Certificates of deposit % J&J 6 4 35 Charleston 4Ha '41 opt '27J&J 6 5% Charleston S. D. 5s '32-'34J&J 6 5% 5s 1935-1952J&J b 5% 4.60! % to to 4.60 J&J b 4.35 J&J 6 4.35 J&J 100 >5% 5% 5% 4.75% 65 H% . 4s 1937-1944 Milwaukee County— % 4.60 % 4.60" % 4.60 % 3 Ha 1951 & 1952— 3 Ha 1943-1952 J&J - 4H« 1932-1939 J&J 4Ha Park 1932-1936—J&J 4 Ha 1932-1945 J&J 4a 1932-1936 J&J 1932-1934—J&J b 4.35 5s Highway 1935-1946—J&J b 4 35 4 Ha July 1946-1948 J&J b 4.35 4 Ha 1945-1954 J&J b 4.35 4 Ha 1932-1934 J&J b 4.35 4 Ha 1935-1943 J&J b 4.35 4s July 1948-1952— 100 4.50% 100 Madison—4 Hs 1932 100 J&D 4Ha 1933-1937 J&D 6 5% 4 Ha 1938-1949 J&D 6 5% Marsh field 4 Ha 1932 —-J&J 99 Milwaukee—5s '32-'40 J&J 5% 5a July 1932-1940 J&J 5% VIRGINIA 4b 1939-1950 99 6a W W 1932-1935—M&N 6a W W 1936-1960—M&N Jefferson Co 6« 1932 A&O La Crosse 4Ha '32 op '22.F&A 5s Highway 4.75 Ito 4.60 % 4.75 ;to 4.60 % 6a 1957 b 4.75 jto 4.60 % Taaewell Co fie 1°'3-A0 J&J b 5% to 4.50 % Washlnflrton ^ sch '34-*30T&J b 5% to 4 50 % 4.75 5.25 to 5.25 F&A "Green Bay 4 Ha 1933 4 Ha 1932-1947 4Hb Water '39-'43(s-a)_J&J 4HSE1L&P *42-'46(a-a)_J&J 4H&E1L&P *34-'51 (a-a)A&O 4s Water 1944-46 J&J 4.75 Ito 4.60;% to Eau Claire 4 Ha W W '33-'44 6 6% Fond du Lac 4Ha *32-*35-Mar —J&J 4Ha Park 1962 WEST to 99 Chippewa Co 4H» '32-*34--. Dane Oo4Ha 1934 M&N 6. 5% 4 Ha Bridge 1932-36—J&J T a co ma—5 s 1932-33 J&D % ~/Q to 5.25 WISCONSIN Spokane— 4.60 % 4.75 to 4.50 to 5.25 Appleton 4Ha 1932 M&N 4a 1946-1950 4.50 to 4.6) % 4.50 to 4.60 5.25 A&016 24 M&N Seattle School DIst No. 1— % % % % % % % % % 4.60 1935-1950 4H Lt & Pr 1939-'58 M&N 4Ha Light ext 1933 J&J 4Ha 1932-1932 A&O 4Ha 1933-1940 A&O 4Ha 1941-1955 -A&O 4H« 1932-1935 A&O 4 Ha 1936-1957 A&O 1 1 1 to 4.50 4.60 5.25 to 1932-1934——M&N 4 Ha 4Hs Jan 1932-1955 J&J Seattle—6a 1933-41 A&O 5 Ha L & P 1933-43—-M&N 5a Light & Pow 1942-56A&O 1 4.75 to F&A Pierce Co 5a Sept 1 *32-37Sept Port of Seattle 6a *33-'56 M&S % to 4.50 F&A Municipal 1969 6b Road 1935 4Ha Bridge 1932 M&N 4Ha Bridge 1933-1938 M&N 4Ha Bridge 1939-1949 M&N 4.75 11 5.25 to Morgantown 6a 1932 48—J&J Parkeraburg— 4Hs June 1 1933 J&D Wheeling 6a W W '32-'52-J&J 4a Ref 1932 to 1936—July King Oo—5b Ot H 1933—May 1 to 4.75 , Aug 1942 F&A 4 Ha July 1 1939-1950—J&J Fairfax Oo 4 Ha 1945 F&A2 Henrico Oo Sen 5a 83- 50 J&J 4Ha June 1 1957 ——J&D Lee County 6a 1933-41—J&J Lynchbg4Ha Pub Inap '39J&J 4Hs Pub Impt 1946—J&J 4Ha Water 1951 J&J 4s Ref Oct 1934— J&< 4a Pub Tmpt, 1939-1959- J&J Newport Newa 4Ha '41-J&D 4Ha Feb 1953 F&A 4a Street Nov 1 1941— M&N Norfolk—6a Oct 1 1950—A&O 5Ha School Oct 1 *51—A&O 5a Municipal 1949 F&A 5a | to 4.75 4 Ha Ref to Mercer Oo 5a *44 on 5a June 1936 J&D 6 Ha Water 1934-193S-M&S % to 4.50 to to 5.25 Martlnsburg 5a '43 op '29 Decl Everett— 1 Grant 5s Ind Sch D *33-'34—-J&J 6a Gen Fund 1932-1940—J&J Clarke Oo 5s '35 opt *25-Jan 1 5% 5% 5% County—5b Net. Ask. Huntington 8* 80 Bid. Road Dlat '46 opt '32-M&N 6b 1944 Oct 1932—J& J 8a Funded debt 1991 J&J 4Mb ctfs Indebt 1932 J&* 8a *' Rlddleberger'' To or Net. IV* 42 79 44 H io" 25 Un Temp (Oh) 0Ha 1949 35-F&A15 Bldg Corp— leashold 6Hs 1944—J&J 15 Post Offices 5Ha 40 45 Van Sweringen Oo 0s 1935—F&A Varick St Sta PO(NY) 0a 1941 27 35 50 65 *53-A&0 60 63 1st lien 7s 1954 M&S Wanamaker (John)Phila., 5Hs'49 Wardman Real Estate Properties 1st & ref 6Hs 1931 M&S 15 16 97 H 99 1st Wadswortb Bldg(NY)0a Waldorf Astoria lat & ref 6Hs 1938 let & ref 6Hs 1948 M&S M&S 5 10 5 10 5 10 90 72 95 Wardman Realty & Construction Deb g 6H» 1938 M&S Washington Bldg 6a 1940—J&D Westlnghouse Bldg 6s 1931-39— White Motor Realty 0s 1931-40— Woodbridge Bldg 5H8 '41 A&O Mortgage Participation Ctfs. Home Title Ins 5Ha 1931-36 Lawyers Mortgage SHs 1932 23 33 37 29H 32 50 60 5Hs 1933 5Hs 1934-1936 Lawyers Title & Guar 5Hs 1932-. 5Hs 1933 98 N Y Title & MtgeSHs 1931-40.. 19 97 Banks & Trust Companies STATE AND NATIONAL BANK for stocks of Canadian Institutions, and are though often are nominal. An asterisk (*) denot es d;v;• 'v' Quotations !n this department as near as sales, STATEMENTS are given per share, not per cent, except possible for the closing day of Ik* month precedingdate of issue, Figures of deposits, capital and profits for the national tutions they are New York, Philadelphia and Boston, deposits are the Clearing House banks of National Banks Dec. 31. Dec. 31. Dec. 31. CALIFORNIA Gross Surplus A Profits. Capital. National Banks Institutions Slat* ALABAMA all other Insti¬ required. For taken from the latest weekly statement. banks are from the Comptroller's last call; for where no periodic statements are the latest obtainable, dlreot returns being procured by us Capital. Ask. Bid. Par. Deposits. State Institutions Dec. 31. Gross Surplus A Profits. Deposits. Par. $ 1.000.000 Southern Bk & Tr Co 53,386 104,782 200,000 350,186 100.000 "25 ""65" "65" 100 135 125 100 Per Amer Nat Bk&Tr Co 1,000,000 1.000.000 600,000 1,767,436 1,319,123 115,800 15,771,778 Nat Bank- 12,015,145 1,016,950 100 20 "75"" "75" Per 500.000 1,000,000 200,000 130,637 887,639 82,250 Bank Savings 5,000.000 1.000.000 Bank Nat Bk of Commerce Security-First NatBk Union Bank & TrustWilshire Nat Bank.. Union Bank & Tr Co 120 15 Central Sav Bank— 12 15 Central Selma National Bank Selma Tr & Sav Bank 225,075 143,649 2,179,943 100 661,961 1,095,981 1,441,522 125 100 b 100 b ARIZONA Dec. 31. Institutions Dec. 31. 2,472.722 3,085,653 100 250,000 121,004 266,734 250,000 300,000 500,000 250,000 1.050.000 107,451 389,898 573,358 328,749 604,749 3,989,586 4,613,804 4,737,870 3,849,573 10,268,470 Capital Nat Bank.,;. California Tr & S B1 400,000 Phoenix S B & Tr Co Sou Arizona Bk & Tr 99,479 454,883 354,295 20,292 7,745,240 4,595,976 4,882,258 1,007,592 100 250,000 n 250,000 100,000 i 225 First Nat Bk of Ariz. Phoenix Nat Bank.. Phoenix Sav Bk & Tr Valley Bank & Tr Co Per share. American Nat Bank- 20 100 9,202 256,598 3,524,676 5,668,614 10,729,857 1,343,067 2,573,688 18,255,515 15,770,717 20,644,460 1,286,075 3,633,738 100 500,000 450,000 50,000 200.000 582,647 556,072 838,531 109,668 103,763 150,000 100,000 150,000 102,717 276,286 436,656 2,136,581 1,512,629 2,544,412 100 National Banks San Diegi First Nat T & S Bk. 25 25 100 100 Per 100 100 100 100 1,000,000 1,055,524 798,352 340,444 65,502 24,226,712 11,134,024 4,783,441 1,505,436 Dec. 31. 727,773 560,077 Twin City Bank Bankers Trust Co— 100,000 600.000 Peoples Trust Co— Union Trust Co 350,000 500,000 W B Worthen Co— 200,000 52,494 147,055 216,299 361,343 401,078 100 Per Wells Fargo Bank & Union Trust Co... 8,236,426 150,547,422 100 100 25 8,553,540 320,643 1,225,000 Yokohama Specie BL American Trust Co__ 10,000,000 12,571,172 220,205,171 25 9,000,000 1,500,000 Per 100 25 75 or«. 25 15 18 120 Co 200 375" Santa Ana— Commercial Nat Bk_ Farm & Mer Sav BkFirst National Bank- Stockton— First National BankNational Banks CALIFORNIA Dec. 31. Institutions State 300 176 190 100 40,865,997 280" 325" 50 906,067 72,054 7,652,662 2,164,477 100 200,000 150,000 750,000 53,385 373,580 1,185,664 2,979,913 9,126,931 25 219,014 200,000 1,000.000 594,812 1,140,119 2,780,464 9,466,137 100 61,000 1,899,570 100 Per share. 20 25 ^00 325 375,000 i 100 Nomi nal. Long Beach— Farmers & Merch Bk Seaside Nat Bank— 248 167 Dec. 31. Trust Calif First Nat Bank 76,251,325 1,948,436 San Jose— 250 share. 25 100 3,140,351 1,500,000 600,000 500,000 Trust 125 100 1,200,757 5,476,021 113 80 25 Per 71,013 590,045 s 100 Pine Bluff— 100,000 200,000 share. 105 161 "Io5 Little Rock— OottonBeltBk&TrCo Simmons Nat Bank. share 100 100 836,177 7,006,346 3,271,066 8,264,867 3,560,989 Per 25 25 Bank— 10,000,000 8,408,152 113,718,870 100 8,500,000 9,260,010 93,212,829 100 Bank of Calif, N A— 743,288 300 ,000 30,464 Bank of Canton Ltd. Bank of Amer Nat Tr 25 50,000,000 54,290,312 749,796,772 & Savs Assoc 209,527 3,510,259 100 1.000.000 i Bank of Montreal-— 13,647,406 100 504,001 1,300.000 Canadian Bk of Com 67,050 1,607,434 625.000 City National Bank6,000,000 4,289,496 67,228,652 "loo Crocker First Nat Bk 1,000.000 5,050,000 147,010,611 1000 The San Fran Bank7,215,842 100 455,278 1,000,000 Pacific Nat Bank... Institutions Stale 500.000 500,000 share. 100 Nom 500,000 600,000 100,000 Nom inal. 70,522 Per share. 100 25 Anglo&London-ParL 2,649,656 6,936,539 6,528,495 200.000 100 San Francisco— Fort Smith— City National BankFirst National BankMerchants Nat Bank 100 National ARKANSAS Dec. 31. 205,503 195,192 25 Tucson— United Bk & Tr Co. share. 100 Phoenix— The Arizona Bank... 325 100 325 2,000,000 First National Bank- 100 Consolidated Nat Bk 200 100 12 350 305,595 205,523 1,117,292 Citizens Bk of Sacra- 200.000 58 K Per Sacramento— California Nat Bank. 1300 Nomi nal. Bisbee— Bank of Bisbee—__ Miners St Merch Bk. 44 57 Vs 100 300,000 500,000 1,000,000 100.000 300,000 First Trust & Sav Bk State 38 "25 Pasadena— Citizens Coml Tr & 8 Pasadena Nat Bank- National Banks 59 300 150 1196 Z300 ' 100 b 55 250 100 2,925,287 2,838,800 Farmers & Mer Sav. 229,101 76,695 20 39,281,709 26,061,347 3,890,959 6,618,262 1,200,000 1,200,000 1,000,000 300,000 N^t Bank— 57 100 25 5,000.000 10,902,182 96,762,414 3,000,000 5,052,902 69,843,809 4,200,000 / 500,000 8,290,337 540", 000 2,000,000 30.000.000 23,052,834 479,012,864 5,000,000 2,377,853 27,435,576 618,330 200,000 29,853 First National Bank- 400,000 100,000 i 200,000 100,000 share. 100 Oakland— 100 11 Selma— City National BankPeople's Bk & Tr Co. 25 90,459,789 share. 10 10 4,880,527 772,619 Security Nat Bank-- First National Bank- Per 49,423,958 d Farmers & Mer Nat- 100 2,024,102 12,270,600 1,254,439 $ 2,282,236 of California Bank California Trust Co Citizens Nat Trust & 8eaboard Nat Bank- 100 Montgomery— Alabama wire. Nomi nal. Mobile— First National BankMerchants' Nat Bk 4,000,000 Commerce 26,917 Woodlawn-Amerlcan National Bank— $ Los Angeles— Bank of America Canadian 100 638,011 1,290,432 45,940,692 901,680 100,000 share. 225 190 100 17,130,346 5.000.000 5,058,632 500,000 i 57,039 Industrial Sav Bank. First National Bank- Per $ $ 1,332,653 Ask. Nomi nal. Nomi nal. Birmingham— Blrmlng'm Tr & Sav. EnsleyHhe) Nat Bk Bid. 300,000 1,000,000, Farm & Merch Tr Co Western Tr & Sav Bk 300,000 100,000 225,000 131,686 634,191 36,857 160,146 195,731 3,843,332 11,316,620 1,162,886 none 2,350,727 100 CANADA the San Diego First National Co. d Branch of the Canadian Bank of Commerce deposits. / National Bank of Commerce of Los Angeles to discontinue business sale price, n June 30 1931. x Ex-dividend. of their deposits, i Sept. 29 1931. I Last 1225 100 100 * Sale price, b Last sale in 1929. c Owned by onto) opened for business on June 17 1931. e Trust receive, in full, payment 20 100 (head office Tor¬ and depositors to 110 BANKS National Banks COLORADO Dec. 31. Capital. AND TRUST State Institutions """dZ'ST" DIST.OF COLUMBIA s,a"D'e"53I""™' Dec. 31. Colorado $ 50,000 100,000 Spgs.— Exchange Nat Bank 300.000 First National Bank Colo Title & Tr Co- 300,000 150,000 Deposits. Par. Bid. Capital. Ask. Per 204,822 143,179 304,459 396,187 78,178 2,071,138 1,664,672 5,567,996 6,305,612 1,580,677 480,519 109,988 1,601,654 ull 1,453 1,289,343 2,358,130 «29,920 ul24,346 1,913,389 91,260 6,107,461 3,014,770 36,415,995 718,265 24,031,552 38,630,307 200,000 250,000 550,000 120,000 500,000 Guardian Trust Co.. International Tr Co. 100 665,068 1,756,393 18,189,646 654,456 11,554,364 1,761,785 share. 100 100 100 500,000 30,000 100,000 100,000 1,035,588 14,253,212 100 S139.763 105,211 2,101,822 400.000 150,000 400,000 150,562 330,000 788,228 229,096 150,000 4,608,186 3,033,148 6,436,041 2,056,999 1,050,000 1,143,598 200,000 800,000 3,000,000 750,000 300.000 100.000 274,504 1,578,554 3,991.937 3,400.000 1,000,000 2.000,000 2.000.000 100,000 1,000.000 4,158,897 2,968,355 1,536,534 1,187,592 Liberty Nat Bank Nat'l Sav & Tr Co Munsey Trust Co 100 Union Trust Co U S Savings Bank Wash Loan & Tr Go. 267,472 National Banks CONNECTICUT state^Tm'' Nomi nal. Bridgeport— Per 1,000,000 125.000 1,750,000 300,000 300,000 o o - Comm'l Bk & Tr Co! - - - C North End Bk & Tr. 200,000 500.000 100,000 300,000 - 1,721,293 54,169 1,961,573 229,824 90,274 217,303 u86,333 121,992 351,592 17,177,757 1,128,960 22,290,076 6,207,307 3,078,818 1,147,144 1,945,911 1,484,609 3,489,353 437,648 1,181,449 1,382,147 132,287 5,202,520 265,021 2,510,878 382,716 4,061,379 256,827 261,691 138,551 67,224 862,936 248,270 130,323 2,921,725 6,419,759 11,975,415 1,565,788 37,192,785 20 100 25 mmmmmmmrn - First National Bank. - r 100.000 r 4.000,000 100.000 1.600,000 a 250.000 3,000.000 200.000 250.000 125.000 100,000 500,000 200.000 100.000 - o - a a a - Meriden— First National Bank. Home National Banlk 100 125 175 100 100 25 100 30 mm mm 23,927",074 mm mm L 1,600,000 P 500,000 750,000 1.458,700 488,266 1,660,508 1,598,394 622,658 2,242,179 363,559 1,543,128 1,965,344 2,102,946 18,776,490 17,896,853 8,062,580 8,541,685 3,986,944 9,092,041 12,504,763 300,000 '623,219 New London— Nat Bk of Gommer a New London City National Bank—. Union Bk & Tr Co.. mm mm 27 mm mm ■ \ mm mm mm 100 ■ 800 mmmmmrnrmm "75" 75 100 mm mrnmmmmm mm 100 150 i Stamford— First—Stamford Per share. 300 400 190 210 350 400 50 60 rnmmmmmm 50 100 200 120 260 100 250 101 300 100 100 150 . "299" 310" 400 220" 100 530 400 630 440 3,850,594 1,252,405 100 100 120 122 mrn m, » mm mm Institutions Dec. 31. Nomi nal. Per share. 759,805 14,764,237 100 25 64,099 1,099,954 25 50,000 524,703 164,647 107,289 14,830,215 t 245.740 1,752,847 100 145,003 2,681,090 100 : i Closed 100 J 00 100 800,000 200,000 237,768 3,452,384 2,654,984 25,000 100,000 103,215 560,229 87,877 1,655,629 100 100 200,000 108,984 2,034,277 25 1,250,000 1,500,000 500,000 677,473 1,030,149 u247,556 10,512,198 12,503,033 1,506,707 100 100 100 100,000 39,610 2,554,937 100 d 8,512,645 2,462,788 4,940,207 8,067.745 10,214,278 4,635,918 6,874,680 3,106,218 100 100 100 100 100 200 50 Citiz & So Nat Bank. First Nat Bank Fulton Nat Bank - Per share. 879,336 604.427 3,110,000 603,290 State 10 100 v 156,543 GEORGIA Dec. 31. 125 120 600,000 500,000 1,000,000 300.000 100 DELAWARE 125 150 State Institutions Dec. 31. Nomi nal. 432,081 136,511 1,351,813 S121.065 1,409,661 1,770,023 lantic Nat Bank Atlanta— American Sav Bank. 1,100,000 200,000 National Banks Dec. 31. 95 85 100 400 100 200 State Ga Sav Bk&Tr CoTrust Co of Georgia. Per 200,000 135,712 5,000,000 r3,333,156 6,400,000 6,643,520 1,000,000 611,456 500,000 566,217 2,000,000 3,005,819 Augusta— Georgia RR Bk & Tr Oitlz & So Nat BankNat Exchange Bank. Columbus— Columbus Bk & Tr__ Fourth Nat Bank Home Savings Bank. Merch & Mech Bank First Nat Bk of Col— 250,000 56,210,819 73,919,215 14,344,974 3,257,226 11,463,832 tio 10 100 100 14 23 1,000,000 675,727 5,000,000 r3,333,156 400.000 177,405 7,098,406 56,210,819 2,879.623 16 25 169 185 «... Per e share. 100 share. 100 J10 14" 100 16'" 90 Per 100 •150 100 130 120 100 100 200 100 100 share. 160 Per 14 share. Per Macon— Citiz & So Nat Bank. First Nat Bk & Tr Co Macon Savings Bank 850,000 300,000 100,000 200,000 200,000 share. 863,838 139,423 71,530 314,046 220,089 6,042,875 1,625,001 1,013,189 1,833,167 1,338,217 5,000,000 r3,333,156 500,000 263,390 50,000 104,558 56,210,819 7,099,622 533,366 100 5,000,000 r3,333,156 600,000 142,061 700,000 238,865 300,000 91,158 56,210,819 4,556,018 2,006,006 908,516 10 10 100 100 3,160,823 7,446,830 4,276,411 100 100 e ^ e tio e 135 125 210 110 16 10 14 10 16 14 100 100 Institutions Dec. 31. Nomi nal. Wilmington— Central Nat Bank Farmers' Bank-. Industrial Trust Oo_ Union Nat Bank Delaware Trust Co— - Equitable Trust Co. Security Trust Co Wilmington Tr Co_. 210,000 341,357 500,000 2,770,779 2.000.000 360,767 203,175 908,950 1,000,000 625,474 1,500,000 3,045,796 1,121,000 1,688,532 4,000.000 10,547,727 t Branch of Savannah, a 1.650.966 27,965,683 2,132,179 3.532.967 7,826,384 9,466,862 9,663,851 23,517,410 Per 130 100 50 50 25 100 100 share. 200 National Banks 300 30 140 111 loo"" 25 90 100 50 310 325 220 225 Boise CityBoise City Nat Bank First Nat of Idaho.. First Security Bank. Affiliate of the Hartford National Co. ^ Affiliated with the Barnett National Bank of Jacksonville, Fla. Ex-rights. IDAHO Dec. 31. '40"" I Last sale, r 375,000 300,000 150,000 s 108,215 324,487 289.444 25 5 Merger of the City National Bank of Colorado Springs, Colo, with c Absorbed by the Bridgeport City Trust Co. as of Dec.»17 JSSi jrAd'0 Springs National Bank under title of the latter became effective Jan. 2 1931. i *L,„ Atlantic Group in Florida, e Affiliate of the First National Bank y 360 195 500 165 191" 1,979.544 1,864,884 g Savannah Bk & Tr-. Citizens Bk & Tr Co Ex-dividend, 435 100 Savannah— x 350 Petersburg— Citiz & So Nat Bank- Sale price, 220 250 310 375 206,859 64,317 People's Nat Bk Liberty Nat Bk & Tr * 180 175 275 100 25,932,114 14,881,258 National Banks 160 Waterbury— Oitlz & Mfrs Nai c c Waterbury Nat E Oolonial Trust Co— Waterbury Trust Co ) 440 10 100 100 611,979 1,136,865 27,272 938,212 200,000 100,000 St. Augustine— People's Bk for Sav__ St Augustine Nat Bk h 285 150 1,000,000 150,000 200,000 700,000 Oit & 150 300 "V . 400 250 100 100 1 Bank & Trust People's Nations £ Fidelity Title&lT <j<3 Stamford Trust Co_. 45 "195" 210' West Palm Beach West Palm Beach At¬ 225 Per share. Uncas-Merch Ni Orlando— First Nat Bk&Tr Co Florida Bank g First National Bank. First Sav&Tr Co 50 40 5,134,252 153,981 249.807 . Florida Nat Bank 220 25 100 100 . 100 100 100 100 100 100 100,000 Q Tampa— Exchange Nat Bank. 2,881,297 1,345,773 1,190,842 Co.. 210 100 604,056 2,550,064 First National Bank1,200,000 First Tr & Sav Bank100.000 Florida Nat Bk & Tr g 400,000 Miami Beach First National Bank 300,000 Trust Co of Florida 200,000 St. 220 336,166 97,947 . Lakeland— Florida Nat Bank Pensacola— American Nat Bank. 280 mm 200.000 300,000 150,000 . NorwichThames Bk & Tr — tmrnrn — 100 100 £ 100,000 1,260,000 300,000 500,000 ) 100 100 "196"" : 100 100 3,883,601 25 27,404,543 3,670,950 100 2,508,220 1,727,099 "25 50 450,507 9,581,018 100 1,983,382 100 25 1,302,555 — 200 115 J° 100 . 100 100 100.000 ■ . 200 — 100 50 1,776,438 . mm _ 100 244,396 3 _ mm 500 100 New Haven— - Per share. 375 425 183 200 325 42% 100 30,552,707 13,949,047 4.338,267 8,693,617 2,483,894 16,409,944 FLORIDA • Bk of Miami & Tr Co 100 1,416,335 5,452,493 1,760,321 5,651 Amer Bank & Tr Co. 100 100 10 10 Miami— 100 438,717 481,164 «145,484 77,509 - 3,732,794 9,366,433 1,574,621 17,267,697 54,054,230 6.231,595 5,924,501 541,311 347.519 10,639 Jacksonville— Atlantic Nat Bank— d3,000,000 Barnett N B of Jack1,500.000 Citizens Bank 100,000 Florida Nat Bank g1,500,000 150 100 200,000 500,000 200,000 100,000 100,000 Meriden Nat Bank.. Meriden Tr & S D C<3 Puritan Bk & Tr Co. Winthrop Trust 100 Per share. 600,000 150,000 1,150,000 * - share. 90 125 9mm.'mm mm trnm Hartford— r Capitol Nat Bk Conn River Bkg Co. Ask. 100 Dec. 31. National Banks Dec. 31. Bid. 100 h840,432 4,686,656 share. Pueblo— First National BankMlnnequa Bank Western Nat BankPueblo Sav & Tr Go. 16,514,116 2,000,000 225,000 500,000 Riggs National Bank Second Nat Bank Secur Sav & Com Bk Wash'ton Sav Bank. Amer Secur & Tr Oo. 100 100 1.063,724 1,284,395 District Nat BankFederal Amer Nat'l Bank & Trust Go. Franklin Nat Bank Mt Vernon Sav Bank Nat Bank of WashNat Capital Bank Nat Metropol Bank- 100 100 100 25,099 4,534,885 13,867,973 1,756,857 1,276,054 7,824,049 Lincoln Nat Bank McLachlen Bkg Corp Per Par. 623,639 675,210 209,295 38,630 602,966 Bank of Oomm & Sav 100 100 100,000 S 250,000 1,000,000 100,000 106,040 1,000,000 Columbia Nat BankCommercial Nat Bk- Departmental Bank. Leadville— Carbonate Amer N B Washington— share. Per 500.000 500,000 1.000.000 50.000 1,500,000 1,500,000 Gross Deposits. Nomi nal. 100 100 100 100 100 Denver— American Nat BankCentral Sav Bk & Tr Colorado Nat Bank Colorado State Bank Denver Nat Bank First National BankSouth B'way Nat Bk Stock Yards Nat Bk_ U S National Bank.. Surplus A Profits. Gross Surplus i Profits. Nomi nal. Colorado Sav Bank— Colorado Spgs Nat B COMPANIES of Atlanta, Ga. Combined statement, s g Member of the Florida National Group. t Trust funds, u Sept. 29 1931. June 30 1931. AND BANKS National Banks Capital. Qross Par. Deposits. ILLINOIS Dec. 31. Dec. 31. Surplus A Profits. Bid. 111 COMPANIES National Banks Institutions State ILLINOIS Dec. 31. TETJST Capital. Ask. Surplus A Profits. Institutions State Dec. 31. Qross Bid. Par. Deposits. Ask. Nomi Nomi nal. Aurora— Aurora Nat Bank B'way Tr & SaV Bk. Per $ 300,000 200,000 200.000 300,000 First Natl Bk In Auro Merchants Nat Bank Old Second Nat Bank 160,000 100,000 300.000 200.000 150,000 250,000 Belleville Sav Bank. First National Bank. St Olalr Nat Bank.. Fidelity Trust Go 100,000 500,000 300,000 200.000 Brighton Pk St Bk.. 600.000 687,287 Republic & Trust Co. 14,000,000 14,015,077 Chic Bank of Comm. 1,500,000 1,036,553 CItiz State Bk of Chic 750,000 760,183 Oont 111 Bk & Tr Co- 75.000,000 69,811,241 Oosmopolitan St Bk 01,000,000 697,132 200.000 Cottage Grove St Bk 153,814 400,000 Depositors State Bk. 350,000 Division State Bank. 300,000 370,130 250,000 Douglass Nat Bank. 5,862 Drexel State Bank 500,000 394,946 Drovers Nat Bank.. 1,000,000 775,616 First Englew St Bk. Q 200,000 231.362 First National Bk. 25,000,000 27,123,887 First Union T & S Bk 10,000,000 6,235,024 First Nat Englewood 200,000 788,557 200,000 200,000 Hyde-Park-Kenwood Nat'l Bank IO Bank & Tr Co.. Jackson Park Nat Bk Jefferson Park Nat.. Kaspar Amer St Bk. Lawndale Nat Bank. Lawndale State Bk_. Logan Sq St & Sav Bk Mad 8q State Bank Marshall Sq State Bk Metrop State Bank.. Midland Nat Bank.. Mutual Nat Bk of Ch Nat Bk of Woodlawn Nat'l Builders Bank. North Ave State Bk. Oak Park Tr&Sav Bk Peoples Nat Bk & Tr Personal Ln & Sav Bk Phillip State Bk & Tr Pioneer Tr & Sav Bk Prudential St Sav Bk Reliance Bk & Tr Co Ravenswood Nat Bk Rogers Pk Nat Bank Sears-Com State Bk. Second Security Bk. Security Bank Service State Bank.. 5 Skala State Bank So Chicago Sav Bk South Shore State Bk State Bk of ClearingState Bk of W Pullm Stock Yards Nat Bk. Stk Yds Tr & SaV Bk Straus N B & Tr Oo. Terminal Nat Bank. Union St Bk of S Chic Universal 8tate Bk.. Univ St Bk of Chic. _ Upper Avenue Bank. Uptown State Bank. 600,000 300,000 200,000 200,000 300,000 1,600,000 350,000 500,000 200,000 .200,000 200,000 200,000 250,000 300,000 300,000 500,000 600,000 1,000.000 1,000.000 2,000,000 500.000 750,000 200,000 750,000 200,000 100,000 200,000 350,000 700.000 100,000 200,000 800,000 200.000 100,000 200,000 2,000,000 337,500 1,000.000 750,000 250,000 200,000 300,000 300,000 , • 500.000 West Irving State Bk West 31st State Bk.. Western State Bank. 200,000 Wiersema State Bk_. 200,000 200,000 100,000 350,000 Amalg Tr & Sav Bk. Banco di Napoli Tr. Bway Tr & Sav Bank ObatfleldTr & Sav Bk Chic City Bk & Tr.. Congress Tr & S Bk. 300,000 200,000 200,000 1,600,000 500.000 Oommonw T & S Bk. I1 Devon Tr & Sav Bk. 200.000 200.000 350,000 200.000 6.000.000 750,000 200,000 V 300,000 600,000 600,000 Drovers Tr & Sav Bk East Side Tr & S Bk. Harris Tr & Sav Bk. Some Bank T & 3 Bk oward Ave & Tr Co Klmbell Tr & Sav Bk Lake Shore Tr&SBk Lakeview Tr & S Bk. Liberty Tr & Sav Bk Madison-Kedzie Tr& 1,000,000 Savings Bank Mercantile Tr & Sav. Merchandise Bk & Tr 1,000,000 600,000 500,000 1,000,000 Mid-City Tr & S Bk. Morgan Pk T & S Bk r 200.000 1,306,187 6,447,035 19.141,546 8,937,678 100 120 124 50 20 175 205 50 320 340 Elgin— 7,065,954 461,591 112.465 , 4,198,936 1,090,621 Closed 56,384 197,692 1,106,421 285,833 n 202,407 129,619 65,747 1,091,405 1,959,338 6,985,787 4,577,418 1,868,757 1,061,390 2,815,463 Closed 235,000 115,701 266,347 126,511 193,940 270.466 725,762 380,684 1,185.263 238,390 732,208 150,076 802,058 39,454 i92.894 21,637 353,253 524,701 92,056 51,616 665,000 122,604 90,134 48,929 729,155 612,737 700,000 339,871 1191,893 291,931 264,046 100.226 117,944 51,439 36,637 322,873 240,198 151,277 100,569 50,466 38,287 2,007,356 67,795 124.108 119,787 829,840 162,419 7,693,240 a271,700 20,630 154,299 437,704 1,396,465 77,587 861,221 723,604 2,932,268 2,359,947 4,719,010 3,372,628 5,190,442 6,916,683 6,861,870 2,673,171 4,167,533 1,079,325 4,414,059 977,066 1.024.072 1,944,614 3,924,475 5,276,847 390,711 687,174 3,653,085 775,781 915,422 481,131 15,505,919 7,860,739 11,451,247 5,271,014 2,363,531 1,080,597 1,639,771 2,860,730 2,816,885 485,906 380,599 1,377,864 1,375,416 2,281,785 1,064,071 720,077 558,588 9.045.979 2,456,257 827,156 893,227 6,097,354 500,831 92,886,821 6.236.073 321,186 1,499,336 6.848.980 6,415,701 6,043,051 100 100,000 300,000 - Home Nat'l Bank 100 6,362,187 9,020,221 4,099,000 7,400,971 720,991 100,000 300,000 Home Tr & Sav Bk_. 130*' 150" 150.000 Elgin City Bkg Co.. snan 100,000 100 175 125 First National Bank. 1,040,000 Joliet National Bank h 700,000 200 Joliet Tr & Savs Bk. 70 100 100,000 r Nom inal Share Per 660,000 300,000 271.359 State St Bk & Tr Co. 500.000 500.000 200.000 2,665,387 2,749,375 3,154,386 3,193,055 100 100 50 Mercantile Tr & S Bk 67,294 162,793 139,699 113,873 377,149 960,609 380,227 455,897 937,651 2,821,002 5,265.999 2,218,364 4,194,183 100 100 309.254 216,043 5,324,782 4,195,329 5,647,238 6,890,979 4,197,890 100 97 Com Mer Nat Bk & T 19 21 First National Bank. 90 100 123 125 94 50 155 100 "90" 1I0" 100 100 20 "65" "70" 120" 135" 100 140 160 100 Per 100 100 217" 220" 100 456" 475" 100 100 150 200.000 300.000 750,000 125,000 Third Nat'l Bank 600,000 100 100 Springfield— 500.000 300,000 600,000 600,000 500.000 First National Bank. Illinois Nat Bank 60 30 85 41) Rldgely-Farm's S Bk Springfield MarineBk 100 20 40" 65" First State Tr & S Bk 17 80 100 50 100 100 100 20 100 share. 100 175 90 share. Per Rockford— Commercial Nat Bk. Forest City Nat Bk. Rockford Nat Bank. Swedish-Am Nat Bk. share. 100 100 100 70 Per Quincy— 100 60 100 I5o 10 300,481 512,530 280,050 100 100 100 loo" 120" National Banks 100 100 20 lOu INDIANA Dec. 31. 100 115 225" Nomi nal. Per 90 150 100 125 Citizens Tr & Sav Bk 100.000 140 National City Bank. Old Nat'l Bank 500,000 500,000 0142,860 697,191 178,598 459,820 368,021 no" 125' West Side Bank 250.000 500,000 500,000 Citizens' Nat Bank.. 100 85 75 95 10(1 110 120 Lincoln Nat Bk & Tr 115 Old First Nat Bk &Tr Citizens' Trust Oo 100 4,242,706 9,235,518 1,094,727 8,110,889 8,972,904 Closed 50 130 20 155 Dec. 31. Evansville— Central Union Bank. d 125" 100 100 Institutions State 130 206" 100 80 1300 325 100 225 240 100 250 260 100 100 100 Per 90 1,250,000 1,750,000 600.000 300,000 300.000 Dime Tr & Sav Co.. 1,104,003 1,985,747 639.035 10,589,953 23,435,396 3,047,752 "37" 2«) Discont'd 4,813,905 20 0335,070 3,780,822 4,460,275 972,161 3.600.000 1,725,483 100,000 109,067 Indiana Nat Bank.. 2,000.000 2,808,090 135,102 300" Gary— 275" Gary State Bank Nat Bank of America 20 85 90 18H ~19M 200.000 Marion Co State Bk. 50.000 11M Merchants' Nat Bk_. 1,250.000 People's State Bank. 200.000 250.000 500.000 10H 150"" 175"" 200 60 90 75 110 Aetna Tr & Sav Co.. Bankers Trust Oo 125 120 175 100 100 Per 135" 142"" 100 100 100 Indianapolis- 100 100 607,329 O158.907 '100 70 c Live Stock Exch Bk. 20 120"" 100 First National Bank. b 100 loo 28 40 20 1,254,643 People's Tr & Sav Oo 100 100 100 30 25 20 250,000 200,000 150,000 "42" luo 100 share. 28 20 Fletcher-Am Nat Bk Fountain Sq State Bk 50 share 100 Fort Wayne— > 100 Fletcher Trust Co Indiana Trust Oo Security Trust Co Union Trust Oo "165" 175" 100.000 I Fidelity Trust Co United Labor Bk&Tr 1,500.000 1.000.000 200.000 600.000 112.500 57,485 592,285 185,428 1,627,717 1,552.685 563,500. 2,505,257 22,500 318,962 241,600 4,823,036 4,110,129 100 143.015 3,860,421 1,151,674 100 35,000 2.250,344 383.362 100 100 100 100 100 275" 100 100 90 100 100 100 230" 100 200 100 200 100 540 700,000 130 First National Bank. First Bank & Tr Co. Merchants Nat Bank 600,000 250.000 75 15o 110 100 40 100 "~70" 100 275 Indiana Trust Co St Jos L'n & Tr Co.. 500.000 53,248 "300" 3io" loo "65" "70" Bank & Trust Too" 300 115" Terre Haute Trust.. 100 351,191 3,653,121 100 500.000 600,000 500.000 614,244 505,347 806,437 5,700,126 6,705,719 5,884,474 100 230 100 230 — — — — — No minal Per Terre Haute— First McKeen Nat'l Terre Haute N B & T 100 100 share 100 si50,000 800,000 — 100 100 100 650 "Nom inal." S900.000 50 110 80 300 270 100 Per Citizens Nat Bank.. Citizens Tr & Sav Bk 80 60 100 265 250 100 South Bend— 155 Share, 100 37.019,578 707,142 36,207,245 571,524 665,669 13,952,168 2,083,301 1,490,696 1,624,579 1,464,044 26.996.227 10,407,991 3,463,661 10,765,859 332,850 100 prices Share 235 240 250 100 350 100 100 100 115 100 150 130 175 155 120 100 150 130 160 National Banks Dec. 31. 140 IOWA State Institutions Dec. 31. Nomi nal. Per Iowa State 600,000 467,355 6,364,114 187,946 63,275 1,057,178 92,546 216,890 2,822,329 1,826,722 19,720,406 2,040,321 2,033,489 share. 100 200.000 200,000 share. Per 6,303,468 1,133,602 100 50,000 0729,926 052,279 100 300,000 100 Tr Cedar Rapids— Ced Rap SB&Tr Oo. Iowa State Sav Bk._ Merchants' Nat Bk. 500.000 People's Sav Bank.. 100,000 Amer Tr & Sav Bk._ 200,000 100 100 100 100 12 1932.. b Closed on Jan. 5 1932. c Failed on Jan. 4 1932. d Closed on Jan 11 1932 e Suspended business on Jan h paue(j on jan. 19 1932. 1 g Affiliate of the National Republic Bancorporation. h Failed on Jan. 19 1932. J June 30 1930. k New stock. I Last sale. June 30 1930. k New stock. I Last sale. 1931. p Suspended business on Jan. 16 1932. r Closed on Jan. 25 1932. s First National Bank of South Bend, Ind., absorbed 12 1932 by the Indiana Trust Co. of South Bend, t Trust deposits, x Ex-dividend, y Ex-rights Sale price, a Sept. 24 1930. r— f Closed on Jan. 20 1932. Dec 31 1930. o Sept. 29 Jan 20 600,000 2.000.000 Cent Nat Bk & Tr Co & Sav Bank on 20 100 State Savs Ln & TrOo 150 First - 100 Illinois State Bank.. 130 200.000 Farmers & Merch S B • 100 100 73,183 700,435 2,065,609 1,157,528 Bank of Peoria Burlington— -- 100 Peoria— 100 Share 100 100 80 100 Amer S Bk & Tr Oo. n 115 Joliet— 100 100 125 125 110 Per First Nat'l Bank 100 604,508 450,312 691,933 640,381 56,706 100 100 / Elgin Natl Bank... ioo 858,605 0100 1,011,106 1,192,686 3,608,619 614,820 10,726,939 2,514,860 169,503,585 9,298,705 4,302,197 773,437,525 4,404,308 1,495,519 2,914,820 1,227,621 582,454 4,065,718 14,669,776 1,251,085 476,150,224 199,863,822 5,546,409 449,245 1,810,137 42,264 356,708 _ Immigrant State Bk. 10,863,966 3,900,917 1,996,558 600.000 100 100 Closed Central Bank Hamilton State Bk.. 418,420 0576,000 0259,876 Woodlawn Tr & S Bk Central Mfg DIst Bk Halsted St State Bk. 981,857 2,181,996 1,608,671 1,241,214 2,627,930 1,646,506 100 98,890 190.107 219,801 312,846 62,587 514,166 122,331 500.000 Beverly State Sat Bk Boulevard Bridge Bk Bowmanvilie Nat Bk 124,542 198,021 0349,752 159,039 311,622 0236,037 1,440,669 343,491 3,389,492 3,488,923 1,468,041 Unit Am Tr & Sav Bk Union Nat'l Bank... 200,000 200,000 80 337,770 174,477 1322,010 66,176 469,398 372,858 Stockmens Tr & S Bk f 100 100 200,000 100 500,000 87,060,833 23,943,248 3,452,812 831,411 3,860,551 357,028 8,956,420 4,209,953 100 100 Ptr Adams State Bank.. g Aetna State Bank 324 135 8,039,225 1,467,486 Pullman Tr&Sav Bk 100 Chicago— Alliance Nat Bank Austin State Bank.. 100 100 3,000,000 2,500,000 200,000 750,000 West City Tr & 8 Bk p 300.000 W Side Tr & Sav Bk. 1,000,000 186,455 Per $ $ Chicago (Concl.) Peoples' Tr & Sav Bk Northern Trust Co.. 2,179,612 1,007,957 3,737,670 1,738,144 1,725,121 277,128 028,770 o388,265 398,451 200,000 Belleville— Belleville Bk & Tr Oo Belleville Nat Bank. share. 128,964 235,922 249,192 182,505 240,459 100 -T.—, „— 113 BAMS National Banks Dec. 31. State IOWA Surplus & Profits. Capital. AND COMPANIES TRUST Institutions National Banks Dec. 31. LOUISIANA Dec. 31. Cross Par. Deposits. Bid Ask. Surplus A Profits Capital. State Institutions Dec. 31. Cross Deposits. Par. Bid. Ask. No minal Ooun Bluffs Say Bk. First National Bank State Savings Bank. Per $ $ 120,000 150,000 300,000 150.000 City National Bank 95,306 205,929 84,164 210,501 100 100 Dee Moines— Bankers Trust Co.. Gap Oity State Bank 1,000,000 150,000 250,000 271,679 111,035 309,393 Iowa-Des Moines Nat Bk & Tr h2,000,000 11,159,621 100 6,075.000 3,136,332 53,277,381 15 54,645 1,212,489 5,626,565 1,784,259 14,939,050 72,433,535 100 100 100 202,500 750.000 Whitney Nat Bank.. r2,800,000 Hibernia Bk & Tr Oo 2.500.000 3,707,627 49,527,526 25 25 100 Whitney Trust & Savings Bank.... fl.000,000 5.626,565 72,433,535 25 100 24,798,550 26,994,707 1,553,167 363,882 4,099,813 3,235,048 500.000 150,000 200.000 60.000 150,000 300.000 116,918 96,723 347,040 48,722 284,736 270,844 share. 100 7,156,516 2,531,514 9,998,554 100,000 50,000 600,000 150,000 Home Sayings Bank. Unlyersity State Bk. Valley Nat Bank Valley Say Bank 5,848,867 1,714,572 5,083,596 896,245 2,662,373 1,854,808 100 share. Per 172,586 215,670 249,085 317,319 172,137 <26,525 500,000 Commercial Nat Bk. Oont'l-Am B & Tr Oo 1,000,000 700.000 568,754 13,480,157 592,427 | 5,958,395 736,791 15,624,887 183,668 5406,170 National Banks Dec. 31. < National Banks State MAINE Dec. 31. 100 Exchange Nat Bank. First National Bank. f- No minal 100.000 175.000 255,719 939,896 1,000.000 1,035,556 5,456,316 7,493,973 20,606,944 600.000 551,232 500,302 932,539 1,679,715 867,112 4,877,703 7,962,191 10,673,154 30,212,657 19,252,763 Per Bangor— Portland— Oanal National t First National BankPortland Nat Bank Institutions 750,000 200.000 People's Nat Bank 200.000 100,000 1,000.000 V 770,000 National Banks Dec. 31. 100 115 120 100 170 Bait Oomm'l Bank.. 100 165 125 130 Calvert Bank.. 100 230 250 Canton Nat Bank Baltimore— Per 1,000,000 450,923 200,000 100.000 300.000 200.000 468.678 128,601 4,000.000 ,6,285,279 Nat Cent Bk of BaitNat Marine Bank— 400.000 631,419 761,876 700,000 750.000 Baltimore Trust Oo_ 6,250.000 Oommonw'lth Bank- Bank— First National Bank. Mercantile 150,000 150,000 50,000 134,328 u231,087 20,800 100 2,669,707 2,792,520 880,000 100 100 500.000 400.000 Fidelity Sav State Bk Guaranty State Bank Haw Valley State Bk 200,000 50.000 50.000 200.000 Merchants' Nat Bk. Nat Bank of Topeka 500.000 State Savings Bank. 100,000 Topeka State Bank 50,000 177,371 215,102 61,799 71,705 15,933 154,969 554,613 52,480 68,002 6,990,739 1,358,134 1,264,280 1,070,681 458,671 4,147,924 11,273,085 1,511,003 1,182,854 100 100 100 Mercantile Tr Oo Real Estate Tr Co.. Co 1,500.000 600.000 2.000.000 100 Title Guar & Tr Co.. 600.000 2,500,000 6,599,683 50,000 83,499 442,632 107,107 395,328 604,257 100 100 400.000 Equitable Trust Oo. Fidelity Trust Co... Maryland Trust Oo. 1,250.000 Safe Dep & Trust Merch Reserve St Bk Southwest Nat Bank 100.000 200.000 1,094,416 n 95,705 612,158 31,747 60,150 Union Nat Bank Union Stock Yds Nat 200,000 100.000 66,106 29,618 1,000,000 100,000 1,000.000 17,742,151 415,345 11,873,509 1.763.297 1,433,884 1.408.298 545,323 100 200 1.000.000 2.500.000 mm — 25 m mm rnmmm - m 150 50 share 105 180 200 70 90 mmmmmm 40 10 34% 250 100 30 10 20 20 3,952.021 1.148.906 5.584,663 2,710,937 Colonial Trust Co... "Io5 Per First Trust Co Fourth Nat Bank.. 100 50 100 57,750,149 100 1 Bank Union Trust Oo Wichita— First National Bank 600.000 242,843 124,019 10.026,368 6,590,779 2,947,271 5,314,409 2,916,581 69,325,811 4,701,243 3,987,966 4,683,371 6.452,861 60,930,286 1,579,203 18,019,044 17,452,492 31,901,546 18,371,329 659,314 851,159 4,432,971 417,851 2,430,217 2,268,624 2,720,003 4,104.325 209,477 3,894,706 1,044,209 Topeka— Oentral Nat Bank Oentral Trust Oo Dec. 31. No minal 100 9,410,329 2,020,017 2,207,569 1,919,202 State Institutions MARYLAND share. Leavenworth— First National Bank. Leavenworth Nat Bk Manufac'rs State Bk 100 100 inal»2 Western Nat Bank.. Blyerylew State Bk. 100 100 50 100 Park * share 100 100 100 1932 1,350,000 2,591,254 302,496 138,740 78,082 175,611 600.000 425.000 Fidelity Trust Co„. Per Oomm'l N Bk of K O share 5,767,554 15,969,511 3,649,948 State Trust Co..— 100 100 Kansas City— Exchange State Bank Institutions Per 355,598 1,076,279 310,656 Augusta Trust Oo 100 935,730 25 125 Dec. 31. 300.000 400,000 100.000 First Nat Granite Bk Dec. 31. - *200 100 Augusta— 100 Nom 150.000 57,731 200,000 Closed Jan «90,000 150,000 250,000 162,696 Citizens' Bank 'loo share. 100 100 Oas co-Mercantile Hutchinson— American Nat Bank. share 100 \300 100 2,594,143 900,215 KANSAS "35% 100 3,002,192 5,559,351 6,863,004 5,663,950 State 52 35 100 100 Merchants' Nat Bk. 100,000 13 Per 1,000,000 Eastern Tr & Bkg Oo Merrill Trust Oo 200.000 250.000 100,000 share 12% Shreveport— Oity Sav Bk & Tr Oo Sioux City- 400,000 A200.000 Continental Bank & Trust Oo Int-State Tr & B Oo. First National Bank. 100 I—- Per First National Bank Per 100 Dubuque— Consol Nat Bank Federal Bk & Tr Oo. First National Bank. Amer Tr & Say Bank Union Tr & Say Bank Iowa Trust & Say Bk 3,394~3l6 "*25 631,958 »454,370 b— 1,161,207 a83,716 2,117 227,604 261,370 100 100 1.000.000 share 100 lt374,788 Per Oentral Nt Bk&Tr Oo Per share. 5,190,539 6,294,592 Oanal Bank & Trust Co. Per a65,544 141,142 1,308,953 $ 494,570 250,000 300,000 Tr539,653 100,000 281427 150,000 New Orleans— American Bank A Tr Davenport— Home Savings Bank. 50.000 American Trust Oo. b 100.000 Union Say Bk&TrOo 1.600,000 Baton RougeBank of Baton Rouge Louisiana Nat Bank. Louisiana Tr & S Bk. Union Bank & Tr Oo share 100 100 1,569,345 3,065,675 3,195,039 3,212,208 32 59 25 60 m mm m m 3 45 m mm-mrnm 105 25 39 mmmmmm 10 50 100 1,413,081 14,029,176 5,608.470 rnmmmm mm 100 10) mmm 580 — — — m 160 26 360 100 620 m m 10 100 ,40 share. Cumberland— 250 100 100 Commercial Sav Bk. First Nat Bank 200,000 100 Peoples Bank 100.000 100 Second Nat Bank— 500.000 100 100 Liberty Trust Co... 500,000 1,058,520 100 350 50 400 25 100 250 300 50 100 110 65 Frederick— Citizens' Nat Bank-. 100.000 Comm'l Bank of Md 23.0,030 101,550 Farm & Mecti N Bk. 125.000 429,888 Frederick Oo Nat Bk 150.000 150.000 102,694 424,132 Fr'k Town Sav Inst. National Banks KENTUCKY Dec. 31. State 993.078 7,367,317 1,868,819 100 — 4,107,284 2,145,460 3.417,398 m rn ...a. m 25 75 15 21 29 100 Institutions Dec. 31. mmnalgan*, MASSACHUSETTS State Institutions Dec. 31. No mi nal. Per Covington— Cent Sav Bk & Tr Oo Citizens' Nat Bank First Nat Bk & Tr Oo Peop-Lib Bk & Tr Co OovlngtonTr&BkgOo 60,000 200,000 500,000 650,000 200,000 84,966 415,518 554,517 406,445 345,048 1,405,977 3,017,944 5,588,250 4,700,477 2,150,243 100 109 103 mm Deposits of Nat. Banks date Jan. 27 1932 Boston— "" 275"" Atlantic Nat Bank.. 225 First National Bank. 230 250 100 10 J No minal snare. — 260 200 1200 Merchants' Nat Rock Nat Bk. Bk of Bos Nat Shawmut Bank. Per Lexington— Bank of Commerce. Citizens Bank & _ share. Second Nat Bank Web & Atlas N Bk_. 300,000 305,935 2,468,093 100 125 175 200.000 206,251 1,078,746 289,279 wl30,096 270,599 1,450,615 11,225.837 2,320,121 25 50 10 125 150 Boston S 10) 285 300 Columbia Trust Go__ 2,181,754 100 300 2,939,595 10) Exchange Trust Co.. Day Trust Oo Banc Com Ital Tr Oo Trust Oo First Nat Bk & Tr Co Second Nat Bank 1,000.000 Union Bank & Tr Oo Security Trust Oo 150,000 500,000 ... 150.000 mm—mmm 400 20 Bk of Oomm & Tr Oo 450 Dep & Tr_. Harris Forbes Tr Oo. Louisville— Per Citizens' Union N B. /1,000,000 Fidelity & Oolum Tr. First National Bank. Liberty Bk & Tr Co. Security Bank KentuckyTitle Tr Oo Lincoln Bank & Tr Stock Yards Bank Louisville Trust Co. United States Tr Co. 2,075,360 2,000.000 ul ,862,813 1,000.000 1,536,640 1,000.000 2,162,962 300.000 154,668 (71,000.000 1,441,793 750,000 501,983 100,000 78,576 1,000,003 600,000 525.000 384,084 - Newport Nat Bank. rnm-mmm Oentral Sav Bk & Tr 100,000 100.000 100,000 216,633 426,187 283,171 mm mmm mmmmmm 1,282,897 100 3,318,010 1,514,284 103 100 240 300 300 m m mm + mm Old Oolony Trust Oo State Street Tr Oo_. U S Trust Oo Winthrop Trust Oo__ rnmmm m Per _ Kidder PeabodyTrOo mm — Jamaica Plain Trust. Lee HIgginson Tr Oo New Eng Trust Oo mrnmmmm Newport— American Nat Bank. share. 34,782,376 tool /—- 400 5,416,814 100/ 10"> 300 23,502,426 10 54 17,413,585 'mm 1,880,694 V 103 Q 3,164,911 200 8,122,717 100 100 "175"" 854,342 6,694,335 265 1,300,629 103 9.875.000 6,210,971 85,596,000 o44500000 33,419,181 457,611,000 3.000.000 6,351,468 49,279,000 1,500.000 3,903,149 18,925,000 20.000,000 11,806,722 142.849,000 2,000,000 4,124,187 43,561,000 1,000.003 614,730 9,183,000 cl ,354,302 750.000 385,679 dl.000.000 U387.591 c6,690,481 2,000.000 3,798,051 16,957,401 100.000 251,159 c2,422,641 1.500.000 1,035,037 cll,489,882 2,500.000 278,094 4.751,230 500.000 140,575 2,065,862 o 200.000 102,611 c4,230,298 500.000 269,953 2,531,098 500,000 784,119 8,007,207 1,000.000 3,016,786 26,089,227 65.000,000 5.570.760 5,256,393 3,000,000 3,744,377 c58.375.736 <12,500,000 2,789,992 cl6.888.431 100,000 W181.745 3.346.761 25 20 100 20 25 Per share 16 % li*35 263 '54"" 50 23 24 25 80 100 110 100 20 ""30"" 100 t280 100 165 100 100 • 135"" 50 100 100 100 100 100 e 100 t240 13 25 ~ 260 15 100 rn mm Beverly— Beverly Nat Bank.. Beverly Trust Oo Per 300,000 100,000 411,508 67,540 3,791,834 100 cl ,461,836 100 share 200 140 share. 400"" mm mmm * Sale price, t Stock has to be offered to board of directors, a June 30 1931. b Affiliate of&American Com. & Savings Bank, c Incl. savings deposits. d Merger of the Bank of Commerce & Trust Co. with the United States Trust Co. ratified by the respective shareholders on Jan. 4 1932. e Affiliate of First National Bank of Boston. / Citizens Union Fidelity unified certificates, g Affiliated with the First National Bank of Louisville, h Member North- fwest Bancorporation. i Trust funds. \k Sept. 29 1931. I Last sale, n Sept. 24 1930. o The First National Bank of Boston has acquired the Jamaica Plain Trust Co. of Jamaica Plain (Boston), subject to the approval of the stockholders, p Capital to be increased by $500,000. r Consolidated statement. Failed on Dec. 15 1931. u Sept. 29 1931. v Formerly controlled by the Bancokentucky Co. of Louisville, Ky. x Ex-dividend, y Ex-rights. BANKS AND TRUST National Banks Dec. 31. Capital. BrocktonBrockton Nat Bank. Home Nat Bank $ 150,000 1,500,000 1,000.000 12 20 100 i: •• Ask. Nomi nal. Per share. 1250 100 7,142,359 7,117,429 ^ Cambridge— Cambridge Trust Oo Central Trust Co... Harvard Trust Oo Bid. Par. Deposits. % 598,995 685,803 600,000 500,000 MICHIGAN Gross Surplus A Profits. Per share 100 10 700 20 c6,070,303 491,040 2,609,192 cl2,105,495 1,613,514 cl7.171.946 90 19 "20" 95 113 COMPANIES Capital. State Institutions Dec. 31. Gross Surplus A Profits. Bid. Par Deposits. Grand Rapids— $ Amer Home Sec Bk. $ Per 6,4f4,612 Per share. Lechmere Nat Bank- 100,000 228,172 100 1,894,057 share. 5 1,200,000 18,184,825 15,665,434 25,850,730 991,616 1.751,077 1,495,505 1,143,590 431,895 12,482,516 4,227,452 1,974,738 40 100 20 sl,250,000 65 35 "§5 1,250,000 500,000 8 50 438,063 646,688 1,106,191 2,166,872 830,494 513,996 565,310 12,193,051 850,000 Grand Rap Nat Bank Si .000,000 Grand Rap Sav Bank si ,000,000 Old Kent Bank 2,000,000 Grand Rapids Tr Oo. s 750,000 Union Bank of Mich. 500,000 Michigan Trust Co.. s S 20 s_._ 5" "16"" 35 Per Saginaw— East Cambridge Ask. Nomi nal.. Bank of Saginaw People's Am State Bk 45 share. Second Nat Bank & Fall River— FaU River Nat Bank, 400,000 1.200,000 300,000 Durfee Trust Oo FaU River Trust 5,365,365 100 Per share. 110 c7,944,712 c2,999,249 100 165 100 100 232,986 1,034,760 179,000 Per Fitchburg— Safety FundNat Bk_ 500.000 829,095 5,892,306 150,000 Olouces S D Tr Oo__ 200,000 277,740 239,335 3,092,092 c4,436,214 100 20 2,652,265 2,384,609 2,803,436 1,365,588 100 100 100 100 110 National Banks Dec. 31. share. MINNESOTA State Institutio Dec. 31. 275 100 Oape Ann Nat Bank. Tr Oo 180" Nominal. Per share. Duluth— Gloucester— HaverhillEssex National Bank First National Bank. Haverhill Nat Bank. Merrimack Nat Bank Holyoke Nat Bank.. Park National Bank. 400.000 100.000 238,615 217,946 7,775,106 2,497,062 100 200 Hadley Falls Tr Oo. 750.000 700,284 13,867,740 100 100 200"" 600,000 300,000 309,252 7,514,521 100 461,166 7,101,638 100 275,616 565,719 4,752,611 1,979,925 26,620,053 600,000 1,000,000 100.000 150,000 172,794 545,381 33,936 34,132 3,629,116 7,635,369 850,616 673,088 200.000 loo.ooo 100.000 56,000,000 61,000,000 200.000 <1.000.000 71,125 72,311 22,073 5,703,536 1.061,925 * 70,000 523,624 28,895 2,259,291 36,655 44,419 39,354 165,312 70,000 1,859,465 817,343 89,526,697 22,147,905 1,839,092 14,431,264 1,491,558 92,610,691 1,193,684 1,066,674 1,151,941 2,859,513 2,453,766 18,918,066 ft-<— 200,998 67,127 4,462,987 1,412,892 100 100 Duluth Nat Bank First & Amer Nat Bk <3.000.000 Minnesota Nat Bank 256,240 117,298 871,709 55,821 531,598 87,642 2,208,273 Oity National Bank. 100,000 200.000 200,000 240,000 of Duluth ZZZZZi 252H X12Q 100 100 200,000 600,000 200,000 Bank of Oomra & Sav ------ Northern Nat Bank. Pioneer Nat Bank... Western Nat Bank- 100 100 i 100 100 100 100 Holyoke— Lawrence— Bay State Nat Bank. Per share. Merchants' Trust Oo Lowell— Per share. Appleton Nat. Bank. Union Old Lowell National Bank Lowell Trust Co 300.000 251,308 1,967,925 100 1,000,000 2 240,000 738,059 219,869 10,691,743 c3,689,340 50 v 60 75 100 Per share. Minneapolis— Blooming'n-Lake NB b Central Nat Bank i Fifth No'west'n NB. i First National Bank. First Minneap Tr Oo Marquette Nat Bank Midland NatBk & Tr Minnehaha Nat Bk. 6 100.000 Northwest'n Nat Bk <5,000,000 Produce State Bank. 6 100.000 2d Northwest StateThird N'west'n N Bk 50.000 200,000 4th Northwest Nat'l. Per share. Lynn— Central Nat Bank Manufac'rs Nat Bk. 358.878 480,069 281,764 580,333 644.879 156,939 900,846 200.000 200.000 300.000 250.000 100.000 200.000 National Oity Bank. Essex Trust Co. Lynn S Dep & Tr Oo Sagamore Trust Co.d Security Trust Oo_.d 200,000 New Bedford— First National Bank. Merchants' Nat Bk. Safe Deposit Nat Bk 100 395 100 100 ion First National Bank. Union Nat Bank St. Paul— 100 20 "80" Per share. 500.000 1,500,000 500.000 630,444 1,756,324 374,162 7,539,290 6,885,344 5,249,151 200,000 136,336 2,172,276 100 200,000 250,000 323,683 564,922 3,846,669 c5,312,585 2,010,188 3,052,764 28 "29M 44H 25 200,000 50.000 —U- <___ &— &... 100 <___ < 20 50 20^ 6 <_— <_— f— share. Per American Nat Bank. 500,000 Commercial State Bk 50,000 First National Bank. 6.000.000 First State Bank p 100.000 EmpireNatBk&TrCo < 350.000 Stock Yards Nat Bk. < 350,000 Twin Oities Nat Bk. 100.000 First Trust Co.. 1,000.000 50 10 1,000,000 1,500.000 350,000 1,000.000 1.000.000 150.000 190 100 20 100.000 200,000 Minn Loan & Tr Oo. <1.000.000 Rochester— 205 200 135 190 100 4,498,074 3,452,840 4,145,165 2,619,999 3,154,185 c2,100,704 6,562,622 Marquette Trust Co. 1,871,867 ft... 1,503,865 <-_. 670,697 17,564,441 100 600 428,691 3,665,012 100 1000 5,236,626 101,695,889 100 2,113,927 78,293 212,386 5,486,320 153,291 4,257,849 <— 783,937 100 130 20,000 01,552,321 p.— 288,365 1200" Per share. Peabody— Warren Nat Bank 100 Salem— Per share. Merchants Nat Bank Naumkeag Trust Oo. National Ranks Dec. 31. MISSISSIPPI State Institutions Dec. 31. Springfield— Springfield Nat Bk.. Third N Bk & Tr Oo West Mass Bk & Tr. Springfield S D & Tr. Union Trust Co West Springfield Tr. 1,906,329 .88,312 287,631 349,750 "100 1,312,903 c4,431,003 28,346 1,615,513 35 300 16,007,667 29,526,606 3,092,891 10,314,302 13,056,400 1,861,194 100 25 120"" 25 170 25 Per share. 200,000 300.000 '*• 100 «r Worcester- Mechanics' Nat Bk.. 500,000 Worcester Co Nat Bk «1.888,150 WorcesterBk&Tr Oo 3,800,000 Skandla Bk & Tr Oo 200,000 696,512 1,718,653 4,428,438 114,150 12,839,766 27,008,543 28,902,433 1,738,578 Per share. 300 100 6 20 10 304,984 Citizens Sav Bk & Tr 44,084 100.000 ©68,061 184,192 300.000 750.000 ©1,216,602 932,466 1,452,283 4,328,151 6,281,044 150,000 400,000 100,000 171,208 ©132,307 60,112 2,301,554 2,607,282 1,723,434 500.000 543,682 381,618 4,926,085 4,160,837 100 25 100 2,150,045 100.000 Depos Gu Bk & TrOo Jackson-State N Bk_ ------ ----- ------ 100 --- -- ----- 100 —————— ---- ————- MeridianCitizens Nat Bank.. First National Bank. Mer & Farmers Bank 100 share Per Capital Nat Bank 300.000 Merch Bank & Tr Oo Taunton— Machinists' Nat Bk. Brlstol County Tr Nom inal. Jackson ------ ----- - —— ------ ----- — — ------ ----- — — Per 45 Vicksburg— First Nat & Tr Oo... Merch NatBk&Tr Oo 300.000 20 100 share. 50 250 225 "43" "48" 18 National Banks Dec. 31. MISSOURI Institutions State Dec. 31. Nom inal. Per Kansas CityBaltimore Bank._ Broadway Bank Oity Bank & Tr Oo_. Columbia Nat Bank Community State Bk Drovers' Nat Bank.. East Side Bk of Cora Nalin al Ranks MICHIGAN Dec. 31. State Fidelity Nat Bk & Tr Fidelity Savs Tr Oo Institutions Dec. 31. First National Bank. Inter-State Nat Bank LInwood State Bank Bay CityBay Oity Bank People's Commercial Per share. 400,000 299,786 5,160,113 100 500,000 & Savings Bank 1,064,954 7,763,079 Main St State Bank Merchants Bank Missouri Sav Bk & Tr Park National Bank. 100 Plaza Bank of Oomm Nom inal. Detroit— Oom'wealth-Com'l Per share. Detroit Trust Oo a 1,000.000 /3,000.000 500.000 Highland Park Trust s Un Guardian Tr Oo. s5,000,000 2.779.597 591,613 5,013,604 35,046,992 1.313.598 332,486 3,251,947 (743,180,129 677,479 812,117 1,077,298 1,081,007 17 j Stock Yards Nat Bk. Bank Westport Ave Bank. West Side Bk of Com Union Av Bk of Oom Commerce Trust Oo. Home Trust Oo Mercantile Trust Oo. Pioneer Trust Co s 400.000 100,000 100,000 300,000 100,000 100i,000 100,000 6,000,000 300,000 200,000 267,500 134,388 40,490 11,393 265,161 153,943 43,806 109,678 3,032,782 217,802 132,802 201,392 200,000 200,000 500,000 306,342 168,405 428,950 126,733 1/195,285 220,824 ©132,412 101,016 300.000 500.000 100.000 600.000 200.0001 4,000.000 500,000 2.000.000 500.000 100.000 100.000 200.000 3,337,997 599,557 5,387,252 1,264,846 90 100 90 105 100 250 100 75 300 88 100 100 100 165 100 100 42,331,084 1100 6,613,612 54,121,116 5,919,406 (385,622 American Nat Bank. Burnes Nat Bank First National BankFirst Trust Oo St Jos Stock Yds Bk. 20 "20 s 17 K 17X share. 100 100 110 185 120 90 80 100 100 350 380 290 325 100 100 100 100 100 120 150 190 210 160 1,256,358 2,110,305 3,680,705 869,877 995,505 2,184,656 100 110 120 100 225 250 7,706,877 100 759,153 581,359 3,123,365 1,295,780 838,623 812,943 85,217,945 100 150 90 100 500 140 160 175 ' 100 100 100 100 100 100 3,393,840 2,079,984 4,102,198 100 100 7,244,260 3,233,664 4,793,363 2,690,681 3,255,148 5,314,515 2,048,817 1,023,485 100 100 St. Joseph— s 100.000 Tootle-Lacy Nat Bk. Empire Trust Oo 350,000 200,000 200,000 100.000 100 100 100 235 150 250 160 175 210 200 180 140 -— - — — 150 110 375 100 Per Missouri Vail Tr Oo. * 948,681 767,542 9,311,346 Oity Sterling T 5,751,481 8,348,839 11,292,740 J 15,406,314 Gate 32] Flint— Oit Oom & Savs Bk. 500,000 First Nat Bk&Tr Co 400,000 Genessee Oo Savs Bk 1,000,000 Un Ind Tr & Savs Bk s2,000,000 Traders' Nat'l Bank Southeast State Bk.. State Bank 1,000.000 1,281,786 13,099,724 2100 Detroit Savings Bank 1,500.000 2,623,990 38,878,411 First Wayne Nat Bk 25.000,000 32,465,481 483,910,639 / Guard Nat Bk ofCom o5,000.000 6,500,000 169,058.328 s Highland Pk StateBk 1.000,000 2,268,980 23,823,599 100 55,000 Norw'st'n state Bank 1,092,500 25,000 United Savings Bank 1,000,000 1,032,508 12,610,191 "20 100 Bankers Trust Oo 869,488 394,741 1,000,000 Equitable Trust Oo Produce Exch Bank 100.000 50,000 200.000 100,000 38,548 69,875 830,579 51,031 33,534 352,169 239,821 1,236,236 537,455 3,469,329 1,012,693 47,196 66,274 136,536 200,000 10,194 35,242 110,595 100.000 100.000 —————— 110 share. — — 175 200 100 1190 100 J 200 —————— 100 100 200 250 " 100 a On Jan. 12 1932 directors voted to change the title of the Equitable & Central Trust Co. to the Equitable Trust Co. of Detroit, b First National Group, c Includes savings deposits, d, Security Trust Co. of Lynn, Mass. acquired on Jan. 20 1932 the assets and assumed guaranteed all the deposits of the Sagamore Trust Co., also of Lynn, Mass. e Affiliated with the Worcester Bank & Trust Co. f Member of the Detroit Bankers Co., Detroit, Michigan, g Trust deposits, h See Marquette National Bank, i Member of Northwest Bancorporation. I Last sale, o The Guardian Detroit Bank and the National Bank of Commerce, both of Detroit, Michigan, consolidated under the title of the Guardian National Bank of Commerce, p Member of the First Bank Stock Corp. s Member of the Guardian Detroit Union Group, Inc., Detroit, v Sept. 291931. x Ex-dividend, y March 25 1931. 2 In process of reorganization. Sale price, Michigan, all liabilities and AND BANKS 114 National Banks Capital. Surplus A Profits. National Hanks Dec. 31. Institutions State MISSOURI Dec. 31. COMPANIES TRUST Dec. 31. NEW JERSEY Gross Par. Deposits. Bid. Capital, Ask. Surplus A Profits. State Institutions Dec. 31. Cross > Deposits. Par. 200,000 Boatmen's Nat Bank Bremen Bk & Tr Oo_ Oass Bk & Tr Oo 2,500,000 400,000 300,000 200.000 Cherokee Nat Bank_ First National Bank- 12,100.000 Grand Nat'l 700.000 Bk 200.000 Jefferson Bank 500,000 Bank— Jeff-Gravols S $ % St. Louis— Baden Bank Per 250,381 2,430,296 1,205,598 24,242,517 616,490 5,587,056 422,740 4,836,614 1,688,428 67,451 7,931,436 167,285,365 u 174,314 3,377,487 255,701 2,900,557 151,845 3,953,109 100 100 100 100 101) 20 100 100 100 share. 2,150.000 ®1,825,721 50.000 42,284 200.000 148,804 500.000 331,570 200.000 63,153 300.000 56,674 25,844,131 200,000 163,306 South Side Nat Bk— South'n Com & Sav_ St Louis Nat Bank- 350.000 600.000 200.000 200.000 353,777 238,836 199,829 Tower Gr Bk & TrOo Twelfth St Nat Bank 500.000 300.000 690,077 51,182 United Bk & Tr Co„ Water Tower Bank— 587,154 Chouteau Trust Oo„ 1,000.000 200,000 200,000 200,000 Easton-Taylor Tr Oo 200.000 Guaranty Bk & Tr— 200.000 300,000 2,859,753 10,881,401 6,896,197 3,031,186 1,842,807 9,865,046 1,325,520 7,734,216 1,465,393 1,637,145 1,091,851 1,539,623 1,716,152 1,448,923 2,047,442 Bk & Tr Oo Lemay Ferry Bank— Manchester Bank Nat Bridge Trust Oo Plaza National Bank ' 1,182,155 3,217,320 4,790,554 1,185,178 1,246,240 100 Asbury Park— AsburyPkNatBk&Tr Sec N B S & Tr Go- Chippewa Trust Oo_ Laclede Trust Oo Llndell Trust Oo 100 3,119,486 400,000 500,000 602,966 655,125 9,042,153 7,545,162 100 59 Bayonne— Bayonne Trust Go— Mechanics' Trust Oo 100 100 57,380 r 300.000 124,711 90,977 75,537 130,207 63,112 139,510 159,546 Bk & Tr Oo 6,367,216 102,045,467 10,000,000 100,000 100 Cumberland Nat Bk- 100 Farm & Mer Nat Bk. 150,000 200.000 103,544 350,000 6,000.000 Miss Val Trust Oo Mound City Tr Oo North St Louis Tr Oo 200.000 3,249,631 v 150,902 200,000 Northwest'n Tr Oo_. 500.000 Savings Trust Oo_— 200.000 Webster Groves Tr__ West St Louis Tr Oo_ 60.000 100.000 200.000 1,048.514 v 109,377 172,581 154.861 1,800,145 67,857,406 1,914,788 2,087,247 7,882,420 3,300,000 1,451,863 2,095,084 100 Oumberland Tr Oo__ 150,000 100 100 100 35 50 100.000 50.000 300,000 100.000 — 100 Union Nat Bank. Southern Missouri Tr Camden— FirstOainNatB&T O Camden S D & Tr Oo West Jersey Trust Oo 100 East OrangeAmpere Bank & TrOo 100 Essex Oo Trust Oo— 100 Sav Inv & Trust Co- 100 100 100 100 1,200.000 1,050,000 Elizabeth Trust Oo— 100 120'" 130" 100 100 First National Bank- Jefferson Trust Co— 100 too 200 150 100 250 175 260 100 150 175 300,000 800.000 Jersey City— Sq Nat Bank 500.000 Journal First National Bank 1,600.000 400.000 Franklin Nat Bank.. Hudson Co N B 1,250.000 Tr N J— 3.400.000 2,000.000 150,000 5,700,000 Oommercia 400.000 Institutions 100,000 Morristown— First National BankNational Iron Bank- 100 100 100 150,000 200,000 200,000 250.000 Miners S Bk & Tr Oo Metals Bk & Tr Oo_ 0 755,427 600.000 v 56.818 627,458 12,161,572 979,414 15,087,333 5,531,964 13,487,820 4,960,023 7,944,511 11,089,790 100 50 100 100 150 25 45 110 1,000.517 82,287 182,888 547,576 125 210 47 100 v 161,171 1,769,359 209,453 1,367,405 6,723,057 2,035,000 79,124 7,308,876 228,091 American Trust Oo__ 200,000 1,000.000 25 150 2,694,448 19,859,250 3,971,913 30,241,344 56.372,497 26,806,861 815,726 74.183,841 1,939,690 100 ~52~~ 100 40 25 50 70 68 25 '"25 share 40 25 100 25 75 '46" 100 75 "5(1"" 150 Per share. 100 Closed 100 6,184,060 7,156,217 320 50 130 2,810,227 327,679 275" 100 262,911 278,242 230,024 522,434 55 share 52 100 3,218,121 4,306,131 130 105 25 12,473,116 1,121,126 55 share 200 185 Per Morristown Trust Co 300.000 200.000 25 it Butte— First National Bank- 500 45 share. 275 19,684,022 Long Branch— Dec. 31. Billings- Sec Tr & Savs Bank. 100 100 Per Long Branch Bkg Oo 150.000 979,757 286,933 376,041 905,7S1 625.000 100,000 Hoboken Trust Oo„ 150 Citizens' Nat Bank- Montana Nat Bank. 150 "45"" 20 Per Columbia Trust Co— 125 100 175 3,751,776 1,278,637 2,064,260 296,720 share '130 " Hoboken— 100 100 125,000 104,582 122,900 726,256 1.976,240 500,000 700.000 500,000 620.000 750.000 West Bergen Tr Co.. 200,000 25 Per Union County Tr Oo North Bergen Tr Go- Midland Nat Bank-. 1,977,675 8,527,577 25 Per 150,000 500,000 1,500.000 Central Home Tr Co 100 State 101,573 100 Per Ellzabethport BkgCo National State Bank 105 753,435 8,889,947 1,008,000 MONTANA 25,479,673 30,600,951 5,160,137 180 share. 350 1510 100 100 20 Elizabeth— Trust Oo of N J Dec. 31. 1,676,410 3,163,039 1,395,677 1,414,001 2,610,375 4,033,093 1.288,577 1,500,000 N J Title Guar & Tr. Nationa* Hanks 169,614 406,819 232,500 179,354 100 .1,200,000 60,000 47,564 410,165 42,000 170 100 Springfield— Peoples Bank 350 100 Mercantile-Com¬ Nat'l Bank- 20 10U Per Bridgeton— 100 share, 400 100 100 125 100 100 MercantlleOommerce Citizens* Bank 398,069 600,000 120.000 Brldgeton Nat Bank- Scruggs, Vandervoort Barney Bank merce 300,000 shore. Per 8,292,897 1,293,552 12,300,897 5,563,115 Guarantee Trust Oo- 44 1,830,511 Nat Co_ - Bankers Trust Co— Lafayette South Side Lowell Bank 839,959 221,399 1,421,445 221,462 100 ion 1,000.000 200,000 Second Bank & Trust Chelsea 42 share. Per 9,827,509 1,141,557 100 727.267 Atlantic City Nat Bk Boardwalk Nat Bank 110 An* Per $ 300,000 400,000 Atlantic City— Equltable Trust Co. 100 Bid. Nomi nal. Nomi nal. '1250' 100 1.826,650 9.804,140 25 25 212.398 401,709 1,950,266 x,140,942 374,275 825,270 share. I 80 100 100 Per Mt. Holly— 100,000 Mt Holly Nat Bank. Union Nat Bk&TrCo Farmers' Trust Go— Helena— 200.000 200.000 25,458 438,179 50 share. 190"~ 26 40 43 25 12 15 134,846 51,699 937,594 854,906 100 275 100 90 2.549,247 35,743,451 100 203 8,656,965 1,344.286 690,545 13,822,942 42,455 712,456 6,870,068 1,062,155 u 262,829 1,302,674 5,002.068 40,352,571 9,138,185 150,764,638 16,627,429 3,406,964 217,356 1,501,826 2,953,106 219,433 972,853 2,253,949 6,780,259 1,546,665 100 450 25 12 100 172,870 513,841 2,190,965 13,546,858 3,691,584 1,693,032 7,408,920 300,000 300,000 35,569 227,032 4,194,988 5,895,004 100 150.000 56,207 1,268,461 100 100,000 500,000 52,667 100 800.000 510,764 1,354,244 100.000 350.000 302,114 341,624 1.000.000 1.000.000 150.000 1,058,350 3,355,205 63,852 1,579 ,123 6,900 ,157 5,763 ,729 2,286 ,857 1,330 .098 6,938 ,778 26,242 ,561 1,096 ,694 Passaic N Bk&Tr Oo 9,470,506 3,501,739 150 2,000,, 1,703.004 People's Bk & Tr Oo. 525.927 249,854 250,000 8.271,494 9,700,845 Gutt'b'g Bk & Tr Oo 300.000 e 100 Guttenberg Merchants Trust Co. Oommonw'lth Tr Co First Nat Bk & Tr Co Union Bank & Tr Oo 1,000.^)00 1,011,558 Franklin Wash Tr Oo National Banks 600.000 1,200,000 Marzano State Bk & NEBRASKA Dec. 31. Per Newark— Lincoln Nat Bank 150.000 Tr Oo Nomi nal, Per share. 225.000 Mt Prospect Nat Bk_ Nat Newark & Essex First National Bank. Nat Bk of Commerce 218.264 322,969 189,832 200,000 850,000 300.000 e 5,567,328 12,130,446 5,413,781 100 1(K> "165"" i§5~" Omaha— Per First National Bank- Nat Bank— ,250,000 450.000 ,250.000 200.000 Stock Yards Nat Bk. 750.000 Live Stock Nat Bank Omaha Packer Union Nat Bank , State 225 Bank— U S National Bank— 200.000 ,100.000 v 767,173 158,302 1,246,934 112,252 338,381' 40,662 883,823 20,764,808 4,711,649 28,215,881 2,586,921 6,676,341 1,174,071 20,543,637 100 100 100 share. 145"" 290 165 305"" 130 150 Banking Oo National State Bank N J Nat B & T Co— Central Bk & Tr Oo_ Clinton Trust Oo— 3,000,000 Columbus Trust Oo. LincolnContinental Nat'l Bk 400,000 4.056.250 6,666.675 2.500.000 300.000 375,000 Federal Trust Oo Fidelity Union Tr Oo Morch & Newark Tr. So Side N B & Tr Oo Union National Bk— 500,000 2,800.000 150,000 700.000 United States Tr Co. 600.000 West Side Trust Oo. 1.075,000 250,000 Nat Bank of N J National Banks NEVADA Dec. 31. State Dec. 31. 500,000 Peoples Nat BankMiddlesex TG&T Oo institutions 200.000 New Bronsw Tr Oo— Reno— Bk of Nev Sav & Tr. 100,000 First Nat Bk In Reno 200,000 Reno National 700,000 50.000 400,000 Bank Riverside Bank United Nevada Bank National Banks Dec. 31. 64,487 69,243 200,763 81,535 118,780 4,069,858 4,803,272 4,523,469 1,359,799 2,499,295 100 100 of Weehawken 100 Liberty National Bk PkTr Oo Weehawken a NEW HAMPSHIRE Manchester Nat Bk. 200.000 150.000 Merehants Nat Bank 150.000 WeehawkenT&TitOo Huds Tr Co Uu City. Woodcliff Trust Oo. 916,896 493,890 82,290 5,153,451 2,840,775 2,625,618 300,000 300.000 First National Bank- 250.000 100,000 x 50 55 25 55 57 100 25 "20" 25 b 80 100 135 325 275 210 100 250 100 100 Per 25 85 share. 150 400 250 300 " share 100 100 100 100 a 100 25 25 100 151,058 150,193 3,378,777 1,152,910 Per 26,307,718 18,593,411 25 25 share. "45"" "45"" share. 10 100 10) 100 Affiliated with the Trust Company of New Jersey, Jersey City, of that city b Includes security stock, c Dec. 31 1930. d Merger of the Bank of became effective on Jan. 18 1932. e Member of Northwest Bancoron Nov. 16 1931. t New stock, u June 30 1931. v Sept. 29 1931. f March 25 1931. g Member First Bank Stock Corp. i Reopened for business Ex-dividend, y Ex-rights. 97 25 share. South Hudson & Trust Co. of Bayonne with the Mechanics Trust Oo. poration 40 53 92 100 590,933 534,302 4,263,866 5,268,713 6,715,371 Portsmouth— New Hamp Nat Bk- 35 25 25 Passaic— Per SecondNat of Nashua 437,536 25 too Per 100.000 372,368 14" 45" share 100 100 NashuaIndian Head Nat Bk Nashua Trust Co Pr^c®- First N Bk, West NY Hamilton Nat Bank Per Amoskeag Nat Bank « IstNat Bk of Un City 100 "35" 25 North & West Hu dson— 100 Manchester— 100,000 300.000 c84,908 1,003,451 210 25 Per New Brunswick Cits Nat Bk of N Br share National Bank Capital. Surplus A Profits. Institutions State NEW JERSEY Dec. 31. TEUST AND BAffiS National banks Dec. 31. Dec. 31. NEW YORK Surplus A Profits. Gross Bid. Par. Deposits. 115 COMPANIES Ask. Capital. State Institutions Dec. 31. Gross Deposits. Par Plainfield— $ First National Bank_ 400,000 200,000 650,000 160,000 250,000 Mld-Oity Trust Co.. Plainfield Trust Oo State Trust Oo Guaranty Trust Co__ $ 102,167 75,697 1,303,606 232,125 v: 80,947 Per 5,613,620 919,660 17,241,126 3,725,004 1,060,164 share $ 10,000,000 112537242 302,736,000 103.800 £730,000 100.000 1,610,200 £18,292,100 Grace Nat Bk of N.Y 1.500.000 113,731 £965,683 Harbor State Bank.. 200,000 Harriman N Bk & Tr 2,000,000 2,863,200 30,182,000 N. Y. City (Concl.) 100 100 100 100 100 1500 100 _... Liberty Nat Bank & Per 200,000 Pirst National Bank. Haledon Nat Bank-Labor Nat Bank Paterson Nat Bank-. 680,000 50,000 300,000 1,200,000 750,000 500,000 1,000,000 Second Nat Bank Nat Bank of Amer Paterson Sav Inst Prospect Park Nat Bk 100,000 Westsido Nat Bank. Citizens" Trust Oo_. 75,000 600,000 600,000 Franklln Trust Co_Hamllton Trust Co.. Merchants Trust Co. 750,000 100,000 100,000 600,000 Security Trust Co U 8TrufltOo.««,w-.^ 104,586 847,457 24,913 (£150,812 1,197,036 1,573,989 280,359 2,889,809 109,007 22,867 825,000 561,849 765,020 43,046 d32,076 2,044.068 . 1,479,512 11,197,015 1,039,848 5,453,600 14.192.780 16.307.781 2,121,888 27,215,105 1,792,634 302,590 10,722,448 3,581,931 9,881 ,'434 100 140 275"" Trenton Trust Co 1.360,046 4,251,094 306,907 1,801,288 2,108,739 a i. Ma fety Bk & Tr Co Penn Exchange Bank Public Nat Bk&TrOo Schroder 5,000,000 150 1,500.000 660,000 500,000 Wash Nat Bank Trust co. returns da te Dec. 31. 1,000,000 Anglo-South Am Tr. 500.000 Bk of Athens Tr Co. 2,000.000 Banca Com It Tr Co 1,000,000 Banco di Nap Tr Co_ Bk of Manhat Tr Co 22,250,000 1,600.000 Bank of Sicily Tr Co. 6,000,000 Bank of NY & Tr Co Bankers Trust Go... 25,000.000 1,550.000 Bronx County Tr Co Cent Han Bk <fc Tr Co 21,000,000 Chemical Bk & Tr Co 21,000,000 100 135"" 25 100 100 100 240 100 400 Nom inal 100 share. 100 500 550 50 180 190 100 50 "190"" 205"~ 190 180 50 Corp. Bank 471,001 508,392 410,605 First Nat Bk & Tr Oo Woodbury Trust Co Co... 10 Continental Bk&TCo 50 Corn Ex Bk & Tr Co 10 2,223,836 2,090,200 1,137,562 Corporation Trust Oo County Trust Co— Empire Trust Co Fulton Trust Co Fiduciary Trust Co.. *National Banks State NEW YORK Dec. 31. Guaranty Trust Co.. Hellenic Bk Tr Co Institutions Dec. 31. Hibernia Trust Co.. Irving Trust Co (•Outside New York City.) J Henry Schroder Nom inal. Albany— Per Central Bank Mech & Farmers Bk. 200,000 250,000 1.500.000 2,000,000 . 3 . First Trust Co. 1,000.000 166,354 1,462,699 5,192,910 2,334,381 2,146,782 100 2,782,823 3,359,621 200 100 snare m <m «» mm rn 460'" Tr Lawyers' Trust Co__ Tr_0 Manufacturers' Marine Midland Tr. 40,150,349 40,914,763 100 100 230 250 Title Guar & Tr Co.. 10,000.000 33.330,046 100 300 350 Trust Co of Nor Am. Underwriters Tr Co. U S Trust Co of N Y Auburn— Per t Auburn-Cayuga Bank & Trust Co. 10,000.000 500,000 4.000.000 15,000.000 500,000 4,000,000 6,000.000 2,000.000 1,000.000 90.000,000 1,000,000 3,000,000 50,000,000 700,000 3,000,000 27,500.000 10.000,000 900.000 Mercan Bk & Tr Co. New York Trust Co. 12.500,000 1750 480 _ share. 37,500 758,000 531,494 2,101,333 844,015 44,436,748 533,620 9.730,679 75,020,371 517,400 79,103,248 44,758,832 £2,998,200 £1,504,800 63,714,000 £15,117,903 £8,123,886 £2,953,300 £345,900 500,000 1,675,000 2,000.000 100 25 100 1370 25 13* 100 50 "35" 37 44 20 44 3* 463* 25 3 .iew 6 25 22 100 "14" ---- 100 4 ,978,419 7,373,316 6,469,860 10(1 400 200.000 600,000 750,000 707,391 719,271 100 8,418,363 100 9,255,491 8,076,735 £ 100 12 ,700,325 5 ,336,468 375 ,131,667 100 192 9 ,098,162 20 20 23 105 ,769,792 100 10 302 59 312 558 ,086,407 17 ,205,800 20 14 17 608 ,191,909 20 136 140 298 ,878.599 10 313* 46,830,430 529,100 2,038,500 6,750,213 36,237,606 22,549,500 239,008.800 112,700 62,600 3,131,800 20,080,100 3,062.238 74,063,889 3,085,139 16,552,752 3,486,700 1,000,000 20 00 30 10,941,670 194959038 1025049550 . 10 20 . > i Marine Midld Tr Co. 663,669 ank A Tru st Co. retur ns date Dec IV* 60 25 20 100 "l55 "W* 23 230 264" 513,238 3,738,165 "48"" 14,076,248 "loo 846,500 10 183* 75,506,711 442,091,091 534,518 4,225,864 2,400,000 17,576,455 *100 25 28 3* 22,196,391 269,540,907 7,019,007 55,301,223 £ 20 "3 X 5,929,900 604,300 703* 26,559,173 251,445,083 "25 20 593* 21,208,096 41,629,468 100 309,309 3,351,771 20 5,920,700 1,428,700 27,005,358 63,542,542 100 1530 ..... 100 168,400 1,000,000 2,000.000 1,498,989 3,316,594 1,002,685 2,154,733 3,528,714 1,623,876 4,424,783 25 30 8,989,722 20 50 58.850.025 20 65 18,250.487 26 50 18,814,784 20 105 41.883.026 100 1500 36,055,048 50,392,424 £ 656,296 739,388 1,464,189 11,739,884 7,102,892 15,961,171 1,032,705 1,199,281 324,749 6,070,399 2,817,940 6,884.154 7,000,344 6,338,046 65,217,572 32,021,624 £1,500,000 600,000 1,758,992 300,000 200.000 564,440 147,934 26,675,996 8,294,594 6,519,423 3,835,802 100 First Citizens Bk & T share. 256 105" Nat. banks i . r 500.000 . . . Per 100 745,800 1,769,132 1,727,900 781,800 2,146,600 3,635,516 2,523.557 5,956,400 116,774,588 30,909,167 2,000,000 3,219.630 920,292 45,800,799 6.148,578 5 15 600,000 20 46 418,524 6,602,725 3,578,156 Per 600,000 1,000,000 1,000,000 300,000 Security Trust Co— £5,000.000 Union Trust Co Co— Roch Trust & S D Co 100 ~70~ 100 85 100 300.000 10 "l43* 100 Union National Bank Citizens Trust Co 193* 25 25 Per Schenectady— 100 100 Schenectady Tr Co.. 300,000 750,000 "190" 2400 100 2300 Per 26 1,822,232 100 58,306,830 60 1.278,235 26 r 6,000,000 17,868,174 100,169,031 i 10,000,000 15,381,421 193,021,793 £ 20 Per Syracuse— 119,008 8,851,202 1,200,000 Merch Nat Bk & Tr. 750.000 55,893 10 Salt 50 35 200.000 . share. First Trust & Springs Nat Bk. Dep Oo 800,000 5,400,000 Syracuse Trust Co.. 300,000 5.500.000 . Lincoln Nat Bank__. 100 200 Lincoln Nat Bk & Tr Liberty Bank 100 100 200 Buffalo— East Side Nat Bank. 3,682,600 Rochester— Central Trust share. 31 23,500 180,981 155,600 68.100 387,800 428,192 1,307,073 269,400 8.200.000 12,893,065 500,000 6,562,497 3 People's Nat Bank-. Brooklyn Trust Co.. Kings Oo Trust Co_. Dec. 200,000 200,000 300,000 500,000 500,000 1,450,000 1,000.000 i 31. 2,500.000 20 5X - 20 26 20 38 20 40 20 27 25 66 25 100 "35"" 31 10 3* ■103* Per Troy— Elmira— Per j 800,000 3 1,237.500 2,207,166 1,407,965 9,723.198 11,276,335 333* 100 300,000 Genesee Vail Tr Co.. 3 Brooklyn—State B 61 475 Per . 200 "20 "34 3* '363* Lincoln-All ia Bk & Tr 700 Binghamton- 90 15 LOO First Nat Bk & Tr Co 487.790 429,587 6 10, 24 Jamaica, L.I.— Jamaica Nat Bank.. 100 400,000 150,000 . 45 .... "25 Oneida Nat Bk & Tr. t" 33* 70 100 4 ,151,600 Farmers' Trust Co Clinton Trust 100,000 200,000 100,000 8,876,400 2,515,550 1,519,033 379,000 Sterling Nat B & T._ Trade Bank of N Y— City & Mechanics' National Bank... 123,800 8,250,000 170 50 11,651,730 39,223,985 2,444,214 14,507,802 21,961,741 501,300 1.428,600 912.500 25 Bkg £6,813,687 £1,257,400 £1,842,000 £4,476,800 124000000 101347466 1159911000 130 Woodbury— Farm National City Bk— N 540,680 119,800 197,300 316,900 2.250,000 400,000 500.000 525,000 Nat Bronx Bank 240 Per 250,000 2,000,000 300,000 1,000.000 1,400,000 Nat Bk of Yorkville. 100 100 50 100 Trust Co Merchants Bank 100 Trenton— Broad St Nat Bank. First-Mech Nat Bk. H'nover CapitalTrCo Trenton Banking Oo share. 25 400 25 577,597 387,865 16,918,305 Per First National Bank. Glmbel Bros Bank. 245 100 Paterson— Broadway Bk & T Oo Did Nomi Norm rial. 20 100 share. 115 25 Manufactur Nat Bk. National City BankUnion Nat Bank- Troy Trust Co 918,764 25 50 lI6" Ithaca— 417,441 250,000 200,000 400,000 . i . 281,411 401,403 3,732,082 2,293,727 7,266,609 100 500 100 400 25 125 Jamestown— Per Bank of Jamestown. The First Nat Bank. 25 15,864,800 100 4,997,205 25 10,002,421 3,480,339 £100 Per TTt/icJV"— share. 85 832.500 1,125,822 153,300 500,000 600.000 534,097 n614,002 440,786 200.000 450,378 744,397 200,000 150,000 150,000 250,000 248,607 3,878,484 100 Mt. Vernon—1st N__ 183,926 369,995 831,557 1,425,044 3,422,666 8.132,629 100 Mt Vernon Tr Oo. 90 550 m m w ^ #' . i Per Watertown— Watertown Nat Bk. 80 85 530 500,000 300,000 North'n N Y Tr Co. c 500.000 Jefferson Co Nat Bk 152,776 1,032,546 9,718,9421 100 50 25 Kingston— First NBkofRondou t Nat'l Ulster County 7 Bank & Trust Oo. Rondout Nat Bank. c . 100 Westchester Co— York Ci ty banks are repv rted Per . Chase National Chat Ph Nat B& Oolumbus 7 Bank r . £ . share. 20 20 100 250,000 229,738 Ossining Trust Oo. 200.000 379,885 1,458,623 2,648,868 100,000 909,160 9,321,402 30 20 20 40 353* 183* 100 37 Ys 20 J* 50 200,000 168,555 2,936,159 100 150 143 100 100 135 — ' 500,000 300.000 410,040 362,287 6,378,623 4,403,645 100 733*851 321,432 70 70 20 180" Ossining—1st Nat Bk 100 Peekskill— Westches Co Nat. 100 25 2,275,552 12,304,189 5,131,842 11,879,991 & Trust Oo New Rochelle Tr.. nt are 650,000 22,500 £6,233.900 1.500,000 239,251 £3,684,468 148,000,000 143075000 1083757000 16,200,000 15,118,351 125,701,000 200,000 2,986 £281,802 7,000.000 9,235,612 42,120,000 227,700 500,000 £1,512,300 500.000 3,405,800 33,633,000 285.294 20 1,322,114 31 '31 Sur plus andpr ofits are of date Dec. of Jan. 30, 1932. i Dec. 31.19 31 for Slat e banks. A divi dend r ecord for National £ of banks and companies in New Yo rk City and Broo klvn m ay be i Iway found in our' Secti on, pages 149, 150, 1 51,1 52. ew 100 Nom. Huguenot Tr Co.. Deposits N 9,937,881 19,988,134 300,000 500.000 450,000 400,000 Central Nat Bank. and - 850,726 1,455,551 New Rochelle— 100 100 Nat City Bank New York City- Per 500,000 1.500.000J Pleasanlville— Mt Pleas B&TrOo Port Chester—1st N. Bk & Tr Co Mutual Trust Co. 20 300 >'W 100 1425 " 1525 * * Sale price, d Sept. 29 1931. g Directors of the Manufacturers Trust Co. and the Chatham Phenix National Bank & Trust Co. on Dec. 3 1931 unanimously voted to merge the two institutions under the title of the former, merger to become effective about Feb. 1 1932. i Controlled by Marine Midland Corp. I Last sale, n June 30 1931. s Sept. 29 1931. x Ex-dividend. BANKS 116 National Banks Dec. 31. NEW YORK Capital. Surplus A Profits. COMPANIES TKUST AND National Banks State Institutions Dec. 31. Surplus A nrofits. Gross Par. Deposits. Ask. Bid. State Institutions Dec. 31. OHIO Dec. 31. Capital. Gross Par. Deposits. Bid. $ $ 9 Per Eye—Bye Nat Bk— 250,000 295,029 4,385,023 Tarn/town N B&TrOo 200.000 228,749 2,531,255 100 share. 20 White Plains— Citizens Bank West Title & Tr Go County Trust Co. 400,000 2,000.000 500.000 583,683 3,004,111 1,957,649 6,775,006 100 250 225 $ Cleveland % % (Con.) Cleveland Trust Go t 13,800,000 11,352,498 245,627,505 Guardian Trust Go 7,000,000 10,056,106 123,133,573 Union Sav & L Go— 749,205 2,132,159 900,000 Union Trust Go 22.850,000 14,174,994 221,554,972 Bank & Trust.—. Yonkers Nat Bank & Trust Go 400,000 300.000 Westches'r Tr Go, 1,183,253 568,184 1,702,180 23 25 mmmrn 24 20,269,175 10,468,246 9,707,852 25 20 100 share Per 100 66,334 2,079,881 435,348 58,961 3,633,127 200,000 Fifth Ave Sav Bank. Huntington Nat Bk. "905" ioo5" 77,805 1,906,404 95,984 3,069,250 18,728,607 955,489 2,307,487 25,004,168 2,851,966 868,606 42,212,852 141,284 2,809,678 100 175 400,000 1,000.000 351,751 870,602 6,992,812 15,893,075 100 100 190 200 220 225 501,883 1,222,390 118,390 600.000 9 333,468 5,000.000 3,551.977 4,645,227 10,274,345 575,392 2,907,321 50,575.369 250,000 1,200,000 Oity Nat Bk & Tr Go Columbus Saving Bk 9 50.000 200,000 c 2,000,000 100,000 100,000 Market Exch Bank.. Northern Sav Bk Go Ohio National Bk— C4,000,000 mtirnalBan*. m mm-mmm Columbus— — Natl 1,000,000 185 240 100 100 100 Brunson Bk & Tr Go Yonkers—First 100 100 5,099,551 8,647,491 115 Ask. Nomi nal. Per share. Nomi nal. z 22 20 — • mmmrnm mmmmmrn 10 mmmrnm mm' m C 100 260 mmmmmrn 100 100 mmmmmrn itk'mimmm c~45 55 NQRTH CAROLINA Dayton— Ashevllle— First Nat Bk & Tr Go CharlotteCharlotte Nat Bank. Commercial Nat Bk. Mer & Farm N Bk.. Union Nat Bank American Trust Co.. Independ'ce Tr Co.. Per 2,729,524 100 715,747 500,000 500,000 671,327 200,000 600,515 300,000 Z701.102 1,200,000 1,257,442 1.000,000 zl, 111,727 3,083,891 2,912,259 2,069.141 3,383,956 17,938,144 5,162,789 100 125 share. 130 100 184 275 185 300 100 100 100 100.000 Nat Bank. 120.000 First National Bank. Home Sayings Bank. U600.000 Bank—. O100.000 Merchants 100,000 zllO.523 1,142,758 5491,790 2103,393 2170,019 753,415 9,099,330 7,534,601 1,377,256 1,490,057 30,144,827 Go Winters N Bk & Tr_ West Toledo Nat Bk Spltzer-R T & S Bk. Toledo Trust Go 25 500,000 600,000 200.000 25 100 100 mmmrnm 100 50 5,127,795 4,248,959 100,000 300,000 283,593 2597,043 1,853,642 4,456,431 144,542 2.402,496 1,913,873 42,326.902 100 r WW — mm, m 382,392 156,156 1,000.000 Mahonlng Nat Bank Mahoning Sav & Tr. 150,000 20,000,000 6,674,397 2,348,027 share 150 100 100 100 100 160 1 / share. 25 500.000 2.500,000 Commer'l Nat Bank. National ttanks 10 OKLAHOMA Dec. 31. Per mm-.m-m Institutions State Dec. 31. Nom inal share. mm mm— mm Guthrie— fer Per Per Per 100,000 43,684 2,023,718 100 100.000 300,000 500,000 38,533 152.261 224,907 1,254,788 3,912,514 5,324,847 100 50.000 200.000 First Nat Bk & Tr Co 5.000.000 300.000 Fidelity Nat Bank. Liberty Nat Bank- nl ,200,000 57,466 679,451 3,704,146 40,003,207 4,745,755 12,801,369 7,559,373 100 100 100 125 100,886 2,104.979 120,834 568,203 200 225 20 40 50 State Bank 100 Muskogee— Commercial Nat Bk. Flrst Nat Bk & Tr Go Per Fargo— First Nat Bk & Tr Go Merch Nat Bk&TrOo 150,000 50,000 1300,000 e250,000 Nor & Dakota Tr Go 150,000 Dakota Nat Bank.. Fargo National Bk— 152,707 82,411 257.672 70,654 2128,944 2,327,499 100 100 828,096 6,795,402 i— 2,791,246 e— 100 679,674 share. mmmrnmm mmmrnm- rn.Wm.rn.fM mm mmm mmmmmm mmmrnm 100 100 Oklahoma City— Oapital State Bank.. Oity Nat'l Bk&Tr Go Tradesmen's Nat Bk 500,000 171,668 100 150 225 100 160 215 100 225 275 Per Tulsa— National Banks Dec. 31. OHIO State Exchange Nat Bank. Institutions Nom inal Akron— Pei 408,162 284,101 3,483,096 2,816,375 32,000 7,500,000 408,194 2,642,848 561,120 6,046,512 50,422,061 200,000 600,000 2116,099 1,617,369 2,549,844 11,583,965 Commercial Bk & Tr 350,000 Dime Savings Bk Co Standard Sav Bank. Firestone Pk Tr & SB 200.000 First Central Tr Go_ 100.000 200.000 share 50 Dec. 31. Columbia Bk!& S Go 100.000 First National Bank. 6.000.000 1,110,832 344,717 282,267 5,047.916 6,686,209 3,266,144 1,648,503 45,455,306 100 100 10 5,098,278 6,755.827 2.421,128 4,445,179 31,793.654 9,337,238 4,277,584 3,232,850 12,972,375 58,117,478 74,910,336 share. I 500 100 100 .— .....i 400 People's Bk & Sv Go Prov S Bk & Tr Oo. Second Nat Bank 1,800.000 1,000,000 So Ohio 8 Bk & Tr Go Wash Bk & Tr Oo__ 250.000 250.000 Western Bk & Tr Go Central Trust Go— 1,250,000 4.000,000 361,015 1,285,799 311,264 328,302 2,880,271 1,060,737 519,356 124,948 1,384,757 4,181,321 5.000.000 6,748,654 150,000 200,000 100,000 26,013 246,228 400,000 National Bank United States N Bk. First 20 100 -(*) — 128,639 47,191 30,741 331,006 1,660,269 674,449 100.000 G W Bates & Go b 100.000 k 200.000 10 a 500.000 50.000 Peninsular Nat Bank k 100 200.000 300.000 Security Sav & Tr Go Portland Tr & Sav Bk 100 100 200 698,417 3,595,785 1,558,623 share Per a Live Stock State Bk- k 400 59,540 Nom inal First National Bank- a2.500.000 100 50 Institutions Dec, 31. Portland— Citizens Nat Bank— 500.000 150,000 200.000 State OREGON Amer National Bk__ Bk of East Portland. Norwood-Hyde Park 300,000 share. 20 20 20 Eugene— Bank of Commerce- J400" Per 400,000 150,000 share. 100 100 Cincinnati— 200,000 1.000.000 Natvmai Hanks Per Atlas Nat Bank Clnn Bk & Tr Go— 34,544,260 23,642,232 62,930. 3,533,147 zl33,14ll 3,729,066 473,855 1,933,388 100 100 50 100 2,535,483 1,302.396 250.000 Nat Bk of Oom'erce. Exchange Trust Go_ 100 100 Oanton— 3,000,000 2,500.000 First Nat Bk & Tr Go Fourth Nat Bank Dec. 31. share 100 Citizens National Bk NORTH DAKOTA share 2,304,255 1,087,639 McAlester— Dec. 31. share 108,674 67,745 First Nat Bk of McA National Banks share. 100,000 50,000 First National Bank. 100 First Fifth Third Trust Go mmm m I 100 100 Winston-Salem Bk & Tr Go - mmmmmm share Per 201,682 Wilmington— Lincoln Nat Bank.. Northside Bk & Tr Go -mm Per 10 293,865 Wilm Sav & Tr Co.. First National Bank. mm mmm mmmrnmm Youngstown— 50 400,000 400,000 People's Sav Bk & Tr Cent Sav B & T Co. share mmmmmrn mmmmmrn mmmm 100 Per Raleigh— Branch Bkg & Tr Go Page Trust Go Farmers N Bk & T Go Wachovia Bk Sc Tr.. share. Per share. 2.500.000 21,795,297 share 190 & Commerce Guard Bk p First National Bank- 95 100 Greensboro— No Oar Bk & Tr Go Bank Per 162 Per Fidelity Bank Nat Toledo- 270 160 90 Per Bk Trust Go. Trust Per 100 & Third Durham— Citizens' share. 130,931 300.000 Nat Merchants' Nom inal United States N Bk. *4.000.000 11,302 59,564 82,363 3,364,654 100 6,948,839 883,431 a_— 1,122,594 5— 5,626,288! Jfc— 33,857,022 100 h225,556.a 323,811 A... 1,599,384 100 3,607,285 20 68,771,753 75 115 110 136 48 110 51 100 10 100 J30H National Banks I 249 Dec. 31. Union PENNSYLVANIA 100 Nom inal Allentown— Amer Say Bank Go.. 100,000 100.000 334,488 25,000 3,862,631 Central United Nat Bank.. 5,000.000 Olev Sav & Loan Go. 250.000 Lorain Str Sav & Tr. 500,000 Midland Bank 14,000,000 National Oity Bank. 2,000,000 North Amer Tr Go. 200,000 4,152,478 531,113 670,645 2,202,572 1,802,979 215,835 71,541,567 2,941,254 10,395,958 28,443,682 31,435,364 4,317,801 Capital Bank 100 share Allentown Nat Bank 500 Per Cleveland Mer-Oit Nat Bk & Tr Ridge 209,048 47^ 28K 100 100 145 325 100 100 50,000 Ave Dep Bk. Second 20 Nat Bank— 450,000 400,000 Allentown Trust Go. Dime Sav <& Tr Co__ 500.000 Lehigh Vail Trust Go 500,000 400,000 Penn Trust Oo__ 1,847,749 2,561,521 139,035 1,340,904 563,172 505,278 1,283,511 516,433 250" 8,996,518 7,514,261 1,123,139 5,407,090 2,119,329 1,621,826 5,030,938 2,297,693 5,061,264 2,868,625 1,230,000 100 10 390 100 26 115 010 190 56 30 115 50 12 « 10 50 550 50 150 Altoona— share Per * First National Bank. 150,000 250,000 Altoona Trust Go Central Trust Go share Per 1,000.000 1,000.000 / 249,300 460,977 613,510 328,400 100 1 300 mmmmmrn 50 1 210 * Sale price. a Controlled by Transamerica Corp. b Member West Coast Corp. c Member of the BancOhio Corp. e Member First Bank Stock Corp. /Acquired the assets and assumed the liabilities of the Lincoln Deposit & Trust Co. of Altoona, Pa. on Jan. 1 1932. g New stock. h Trust funds, i Member Northwest Bancorporation. k Controlled by the United States National Group. I Last sale, n Affiliated with the Exchange National Bank of Tulsa, Okla. o Closed on Jan. 4 1932. p Began business on Dec. 15 1931. r Consolidation of the First National Bank with the Com¬ mercial National Bank under title of the Union National Bank became effective and opened for business on Jan. 4 1932. s June 30 1931. of the Midland Bank of Cleveland by the Cleveland Trust Co. consummated on Jan. 11 1932. u Suspended business on Jan. 18 1932. v tirely by Exchange National Bank. x Ex-dividend, y Ex-rights, z Sept. 29 1931. t Acquisition Stock held en¬ BANKS AND TRUST 117 COMPANIES I Surplus A Profits. Capital. Cross Deposits. Bid Par. 125,000 s 300,000, 300,000 500,000 500,000 300,000 Second Nat Bank Erie Trust Oo Secur-Peoples Tr Co. Union Trust Oo 210,200; 309,825 1,609,200 712,0231 1,031,285 1,205,647i 1,151,414 59,426 2,025,673 8,748,502 7,231,411 10,816,143 9,442,077 9,462,668 1.126,536 100 Pittsburgh— Allegheny Val Bank. 100 500 700 Arsenal Bank 100.000 100.000 100 300 Bk. of Amer.Tr. Co. 268,678 100 250 75 350 Bank of Secured 8avs 125.000 50 125 Braddock Nat Bank. 500.000 100 200 225 City Dep Bk & Tr Oo 1,000.000 50 20 Harrisburg— Per Allison-Wast End Tr. 242,050 Harrisburg Nat Bank 300.000 400.000 Oentral Trust Oo— Commonwealth TrOo Dauphin Dep Tr Oo. Harrisburg Trust Oo 250,000 2,275,996 2,933,865 3,332,036 8,093,153 6,120,920 4,984,344 2,571,569 760,330 937,800 300,000 400.000 Union Trust Oo 172,157 891,744 902,167 1,770,008 889,662 1,212,729 283,361 6,822,659 5,637,679 4,893,601 1,976.066 15,011,642 12,808,397 4,391,740 io5 60 500 500 100 820,898 745,121 s 3031477 2,547,999 s2,148,963i 200,000| 605,022 j Philadelphia—De posits of N ational 20 3,040,000 City Nat Bk & Tr Co el,125,000 Oom'l Nat Bk & Tr Oo o2.000,000 Oorn Exch Nat Bank & Trust Oo . Erie National Bank. First National Bank. Glmbel Bros Bk & Tr Guardian Bk & Tr Oo Kensington Nat Bk. Lehigh Nat Bank Market St Nat Bk_. NatBkofGer&TrOo North Broad Nat'l Bk 4.550.000 500,000 3.111.000 200,000 300.000 350,000 200,000 1,000,000 400,000 250,000 Northe't Nat Bk & Tr / NorthwNatBk&TCo 200,000 500,000 Philadelphia Nat Bk 14.000.000 Roosevelt Bank 65.000 Second Nat Bank... Bank Southwestern Nat Bk Tioga Nat Bk & TrCo Tradesmen'sNational Bank & Trust Oo. Wyoming Bk & Tr__ Banca Oom It Tr Oo. Broad Street Trust.. Chestnut Hill T & Tr 300.000 Fourteenth St Bank- 200.000 200.000 Freehold Bank Iron & Glass Dol Sav 500,000 300,000 300,000 300,000 Frankford Trust Oo. Germantown Tr Oo. Glrard Trust Co Industrial Trust Oo. Integrity Trust Co.. Kensington Security Bk & Trust Oo Liberty Title & Tr Oo Media-69th St Tr Oo Mitten Men & Mg't Bk & Tr Ninth Bank & Tr Oo North Olty Trust Oo Northern Trust Oo.. Nor Phila Trust Oo. share. 20! 600.000 9,356,937 1,036,249 1,749.675 Penn W'h'g & S D Oo Provident Trust Real Est Tr Oo 7,500.000 Nat Bank of America 200.000 Ohio Union National Bank 2.000,000 Union Savings BankWestern S & D Bank 1,000.000 10 Allegheny Trust Go. 50 1260 Colonial Trust Oo 10 100.000 Valley Bank 250.000 700.000 2,600.000 1,500.000 Oom'wealth Trust Oo 42,178,000 4,602,000 10,569,000 9,716,850 65,218,000 168,160 r 1,073.007 7,727,455 54,339.000 s 164,409 2,235,894 163,524 570,975 846,357 7,029,000 16,210 r 365,051 4,190,079 21,866,000 2.120,320 rlO,338,380 250,000 r 417,351 63,507 r 773,304 2,010,748 5,009,000 29.878,647 221,809,000 s 112,353 1,604,486 1,730,893 r 9,596,597 341,811 4,971,000 s 298,377 1,792,000 103,650 r 1,148,083 10 37 Dormont S & T share. 38 30 6 20 35 S 7 50 52 Farmers Deposit Tr. Fidelity Trust Oo 65 "366"" 315"" 38 42 • 10 250,000 500,000 Oo 20 37 40 20 68 70 5,263,122 168,948 453,206 377,684 2,333,668 3,875.075 60 100 60 100 50 100 180 100 50 100 100 60 100 100 100 100 100 100 100 100 50 100 100 100 50 100 25 100 50 50 20 South Hills Trust Oo Union Trust Oo & Trust Co West End S B & Tr__ William Penn Tr Go. 20 100 100 100 100 100 100 110 120 130 140 25 100,000 2,212,065 125.000 125,000 663,404 206,584 11,028,754 4.072.196 1,213,793 50 100,000 2,212,064 11,028,754 50 500,010 1.000.000 15 10 600.000 35 1,000.000 1,500,000 10 10 10 10 10 30 Berks Co Trust Oo_. 8,968,041 4,779,189 10,256,978 5,088,843 6,094,731 10,808,810 6,580,517 80 10 Readg Nat Bk & Tr Oo 1,160,535 342,403 1,607,038 1,041,416 1,353,753 2,428,844 3,588,973 120 PennN at Ba nk&TrCo ""15 "21" "23"" 535.818 585,900 500.000 2,203,666 1.400.000 4,306,088 4,000,000 16.829,168 882,250 4,276,878 28,374,000 100 1,005,458 910,216 1,500,000 801,856 82,843,009 604,136 20 22 4,647,097 128,738 411,173 283,404 835,451 55,453,400 25 90 730.066 50 2,846,648 1,435,048 3,984,107 9,774,081 3,640,769 2,820,609 25 100 75 Workingman's Savgs Bank & Trust Oo. Reading— 50 "50 ""25" "22"" 50 100 100 Trust Per Oo Colonial North EasTr "385"" £465 240 250 2.000.000 Pennsylvania Tr Oo. Reading Trust Oo._ 10 33 36 10 24 93 26 96 Green Ridge Bank— 10 23 26 Nor. Scr'onBk&TrOo 10 17 18 1,300,000 2,203,352 1,000,000 1,662,733 375.000 si ,259.337 10.074,997 6,093,630 8,230,533 50 50 3.500,000 1.375,000 600,000 500,000 500,000 5.341,597 16,108.929 929,512 10,528,694 5,040,440 50 20 25 10 20 23 1,170,300 First National Bank- 10 2,987,920 12,390,546 6,929,942 14,847.697 79,715.662 11,587,408 47,240,715 Scranton— Third Nat Bk&TrOo ""55"" 165"" 500,000 200,000 400.000 1,000.000 Providence Bank Union Nat Bank West 500.000 250.000 Side Bank Dime Trust 7.600,000 13,765.497 35,838,840 100 50 "550" 560~" 75 85 10 40 41 100 100 Oo 95 100 10 15 13 14 25 44 45 50 26 share 155 140 25 75 100 25 175 18 140 1,500,000 250,000 1,744,572 13,299,692 2,918,999 10 176,360 First National Bank. Hanover Bk & Tr... Miners Bk of W-B 750,000 250,000 2,500,000 95 105 125 135 1,000,000 125,000 h 500,000 499,000 h 500,000 8,259,301 1,628,466 21,841,825 12,620,198 1,200,036 1,907,500 4,706.584 5,462,715 100 50 50 Second Nat Bank... 2,158,854 366,153 7,043,816 3,202,217 229,705 5401,865 1,705,371 1,015,483 100 650 Wilkes-Barre— Per So Side Bk & Tr Oo. "455"" 415"" 100 125 Bank-Lincoln Pennsylvania Tr Co. Union Sav Bk & Tr. W-B Dep & Sav Bk. 400 share. 425 lOO"" 60 25 16 Wyoming Nat Bank. Williamsport— First National Bank. Williamsport N Bk_. Lycoming Trust Oo. Sale price, 365,939 50 -. 8,400,000 27,581,848 190,761*444 800,000 494,144 481,093 3,200,000 17,298,396 30,551,993 3.131,200 2,357,425 6,849,188 602,722 238,034 share 20 Per 5,000,000 200,000 South Side Bk & Tr. 1,420,449 2,339,774 s 250,287 4,094,670 1,612,892 Ask 60 Farmers' Nat Bank & 3.300,000 200,000 1.000.000 1,000,000 Bid. Per share. 385,000 3,216,743 241,624 1,354,324 436,187 53,736 226,022 1,740,764 1,213,391 11,801,793 1,552,568 15,545,605 1,936,254 15,643,555 3,782,997 46,131,802 6,151,456 1,184,027 7,840.855 50,449,398 233,068 1,790,359 9,431.863 73,649,074 318.357 5,327.607 131,312 3,866,957 893,906 1,089.644 3.772,633 592,123 1,198,296 5,849,570 17.262.109 191,911,745 532,528 5,085,408 139,237 1,472,533 5,609.427 26,835,723 3,008,330 30,903,561 725.358 2,866,766 1.101.406 6,239,061 4,378,548 22,312,966 1,991,804 11,946,033 S185.939 2,483,123 43,653 994,221 16,857,359 8,045,591 403,156 2,487,268 420,324 2,238,032 5,822.867 16,839,767 78,666,710 500.000 1.088.407 7,527,844 150.000 905,929 281,311 400.000 3,593,067 154,500 125.000 328,788 1.774.195 1,500,000 3,992,442 153,284.518 1.000,000 898,602 5,861.375 Washington Tr Oo__ Washington SavBank 50 Par. Pittsburgh Potter Title & Tr Go. Provident Trust Co. Real Est Sav & Tr Oo 70 10 100 100 150,000 Bank & Trust Co. People's Tr 100 10 125,000 1,320.000 2.000.000 165.400 Penn Trust Oo "226" 235" "50 50 Go. Hazlewood S & T Oo Hill Top S & T CoManchester Savings 100 100 Land T & TCo Mellon Nat Bank 136^ 102 185 ...... on Lives & Grant Ann Tr & Safe Dep Oo. * 172,700 108 1185 so: 25 ban ks date Jan. 28 1 932. 250.000 197,315 Fidelity Phila Tr Oo 6.700,000 22,794,074 Finance Oo. 1st pref. 12,500,000 s8,112,192 2d preferred Estate 6,000.000 Forbes National Bk. 1120 Per Oentral-Penn Nat Bk Real 100.000 Keystone Nat Bank- Northern Tr & S Oo. Penn Oo for Insur 600.000 Dollar Savings Bank 4 500,000 Duquesne Nat Bank Farmers Deposit Nat 0,000.000 First National Bank- 150 Cross Deposits. % Fifth Avenue Bank 70 Surplus A Profits. Nom. Prices Diamond Nat Bank 180 20 Per 200,000 Fulton Nat Bank400,000 Lancaster Oo Nat Bk 300,000 6 Agricul Tr & Sa v 300,000 Farmers' Trust Oo_. 1.062,500 Lancaster Trust Oo. c 280,030 Nat 50 share 15 80 59 26 25 Lancaster— Oonestoga Nat Bk— Sixth Capital. Nom inal Per share. 150 125 Erie— Bank of Erie Tr Co.. First National Bank. Marine Nat Bank... Ask. "85"" 100 50 135 Per ' 600,000 250,000 2,000,000 267,975 371,339 510,164 3,368,795 2,023,722 11,478,330 10 10H share. 18 20 10 a Change of title to the Commercial National Bank of Philadelphia became effective on Jan. 14 1932. 6 Taken over by the Pennsyl¬ Dept. on Jan. 7 1932. c Suspended business on Jan. 11 1932. d A mututal savings"bank. e On Jan. 16 1932 title was changed City National Bank of Philadelphia. / Title changed to the Northeast National Bank on Jan. 13 1932. g New stock, h Consolidation of the Union Savings Bank & Trust Co. with the Wyoming National Bank under the title of the latter, effective Jan. 25 1932. I Last sale, r Dec. 31 1931. s Sept. 29 1931. z Ex-dividend, y Olosely held.J ; vania State Banking to the TRUST AND BAMS 118 COMPANIES National Banks Na"xnk' PENNSYLVANIAata"i^T"ns Capital. Surplus A Profits. Par. Drov & Mech N 255,732 456,512 657,938 232,014 520,116 974,383 577,349 756.793 1,615,942 250,000 150,000 500,000 125,000 Bk- First National Bank_ Industrial Nat BankWestern Nat Bank— York Co Nat Bank— York NBk&Tr Co. Guardlan Trust Co— York Trust Co 225,000 300,000 500,000 500.000 750,000 — 2,541,908 2,464,303 5,692,015 1,252,829 3,283,527 3,876,929 3,165,903 28 26 28 200 230 240 20 25 -54 53 25 82 8,000,000 150.000 2,000,000 6,541,642 35,713 520,207 67,416,046 1,715,467 14,331,924 4,000.000 150,000 1,000.000 First National Bank- 35 37 Liberty State Bank— Mercantile Bk & Tr_ RepublicNat Bank & 6,685,015 3,037,278 41,449,884 4,314,074 Texas National Bank Dallas Bank & Tr Oak Cliff Bk&Tr State Trust & Sav Texas Bank & Tr Nomi nal. Per 100 100 100 Nomi nal. Per share. Dallas- Nat Bank of Comm. Co Co Bk Co 430,779 886,771 r49,210 5,061 25,000 100.000 100,000 125,000 20 31 100 20 150 12 20 31 33 100 250 260 39 34 15"" 20 37 100 11,194,821 1,137,009 747,071 796,385 135 22 snare. Per 50 *107 00 *105 100 *212 , r137,494 ^ 5^9,876 8,528,698 1,240,649 3,199,362 189,308 1,033,156 4,102,572 12,420,336 100,000 750,000 1,100.000 2,500,000 200,000 100,000 58,873 373,153 1,228,917 2,560,529 111,635 37,077 524,072 6,201,852 20,803,032 28,872,277 3,388,395 466,225 100 100 200,000 200,000 355,081 312,570 7,836,915 4,437,511 100 225 100 275 750,000 1,000,000 392,466 233,078 7,879,276 8,834,835 100 100 140 133 100,000 3,000,000 500,000 ol ,000.000 1,000,000 1,000,000 600,000 1.000,000 12,409 844,453 111,800 225,131 1,153,974 2,205,287 261,633 875,000 660,461 35,426,515 2,882,540 6.721.511 17,338,344 20,252,647 5,424,799 13,355,298 South Texas Com merclal Nat Bank. 1,500,000 750,000 201,167 363,678 1,063,673 678,414 280,705 25,584,446 1.936.512 134,340 5,865,943 5,829,893 3,447,670 El Paso Nat Bank— State National Bank Per share. Continental Nat Bk_ First National Bank. 17 Ft Worth Nat Bank- High St Bk & Tr Co Mechanics' Nat Bk_ NatBank of Com&Tr Phenix Nat Bank— Providence Nat Bank Industrial Trust Co_ Lincoln Trust Co Rhode I Hos Tr Oo_ Union Trust Co 25 3,129,191 Per Woonsocket— 267,093 100,000 Woonsocket Trust Co Union Bank & Tr Co First National Bank. 45 Hutchings-Sealy 3250 National Bank 210 U S National Bank-. share. Houston Nat Bank__ Second Nat'l Bank— Nat Bank of Comm. State National Bank Nomi nal. Per share. 154,416 471,346 171,125 37,801 r466,942 1,613,350 297,959 g 200.000 Bank g 500,000 200,000 Carolina Sav Bank— 50,000 Miners & Merch Bk_ d2,000,000 People's State Bank1,500,000 South Oaro Nat Bank 750,000 So Carolina State Bk Atlantic National Bk Citizens & Sou 190 200 Fidelity Trust Co— 275 300 250 135 Guardian Trust Co— 400,000 200,000 600,000 Houston Land & Tr_ 1,000,000 225 100 120 347,327 24,704,503 21,509,698 8,125,160 10 100 200,000 218,496 355,000 500,000 s 3,940,620 3,347,848 Peoples Nat Bank— 50.000 Piedmont Sav & Tr_ 1,526,130 2,433,843 2,179,795 Alamo National Bank Commercial Nat Bk 225 19 share. CommonwealthB&Tr 250 21 Frost National 215,370 63,623 rl9,093 400,000 500,000 60,000 First National Bank- Southern Trust Go— 4,205,583 2,902,922 165,461 Bank Groos National Bank 0 Nat Bank of Comm. Per Spartanburg— 100 100 100 share. 200.000 2^0.000 Security Nat'l B & Tr 408,779 1,318,287 961,237 4,045,077 4,574,270 200 100 175 175 135 100 100 100 100 100 820,950 346,861 3,125,765 2,002,482 300" 150 95 2,000,000 10,476,885 2,060,939 2,326,692 17,423,903 2,215,071 10,370,548 100 1,200,000 350,000 600,000 943,540 59,181 53,966 1,212,615 213,723 524,461 100,000 500.000 10,521 135,080 474,585 2,601,913 100 100 250,000 1,000,000 100,000 100.000 231,264 252,670 27,495 65,415 6,504,137 10,297,152 100 100 523,395 647,627 120" share 900 100 100 100 '450" Per 300.000 / 300,000 475 share. 100 loo 100 100 BankJofFort Sam Houston San Antonio Nat Bk 90 Nom inal. 25 Per 42,040 41,941 118,161 225 100 100 30 Sioux Falls— 100.000 100 100,000 100,000 Per Waco— National City Bank. 125.000 200 Per Citizens' Nat Bank— First National BankFirst Trust & Sav Bk Citizens Nat Bk & Tr Corn Exch Sav Bank First Nat'l Bk & Tr. 100 o San Antonio— 100 National Central Nat Bank— 19" 20 share. 100 100 10 price* shars 200" 100 100 100 150 135 75 100 Port Arthur— First National BankMerchants Nat'l Bk_ Per 326,449 465,551 129,912 200,000 200,000 500,000 San Jacinto Trust 100 Greenville— First National Bank- Federal Trust Co "260"" 275*" Per Columbia— Central Union BankNat Loan & Exch Bk No minal Per HoustonCitizens State BankFirst National Bank- 3,335,170 fflOO 3,769,258 0100 2,338,915 100 20 100 Galveston— City National Bank- 250 City Bank & Tr Co- Charleston— share 250 20 '00 55 io6 I 215 100 3,522,476 Stockyards Nat Bank 54" share Per 57 12 10 90,397 3,002,488 200,000 120 50 1,525,549 120,000 273,275 50 50 304,802 5,599,870 500,000 50 50 7,794,324 850,000 1,021,865 130 50 3,073,929 450,000 1,413,050 185 1,500,000 2,723,916 10,858,723 100 4,000,000 9,950,996 124,617,960 100 235 40 25 978,875 186,121 125,000 5,000,000 11,746,970 91,936,347 1000 3000 195 1,000,000 1,489,656 23.971,341 100 Columbus Exchange Trust Co Per Amer Bank & Tr Co_ 52 1,005,168 500,000 500 100 Fort Worth— Providence— Blackstone Can Nat- share' 100 300,000 300.000 Union National Bank 397,123 300,000 120,000 300,000 Bank & Sav Co— 150 50 100 El Paso— Newport Nat Bank— Newport Trust Co— share, 100 100 56 50 79 Secur St Bk & Trust ~ Trust Co Newport— Aquidneck Nat Exch 4,544,426 2,248,630 7,243,615 841,980 3,054,443 City National BankFirst National Bank. 25 100 100 Per 547,121 220,803 813,547 11,972 212,660 American Nat Bank- 'loo 3,015,706 AtU Bid. Par. $ 250.000 250.000 400.000 125,000 250.000 Beaumont— 20 19 100 Cross Deposits. Nom inal. Nomi nal. Per share. $ York— Oent'l Nat Bk&Tr Co Capital. Ask. Bid. Dec. 31. Surplus A Profits. Cross Deposits. Institutions Slate TEXAS Dec. 31. 200 share 225 90 100 00 100 75 10® share. National Banks Dec. 31. State Institutions UTAH Dec. 31. 100 Nomi nal. Per Ogden— National Banks TENNESSEE Dec. 31. State Institutions 300,000 250,000 500,000 153,527 264,772 237,012 Dec. 31. 600,000 500,000 Deseret Savings Bank 500,000 600,000 Security National Bk ) Utah State Nat Bank 500.000 ZIon Sav Bk & Tr Co 1,000.000 Utah Sav & Trust Co 300,000 Walker Bk & Tr Co. 1,500,000 285,993 650,010 171,408 167,248 530,039 851,477 199,765 775,051 9,879,027 4,822,055 6,679,591 8,855,571 9,671,089 1,879,221 1,740,817 13,829,101 First Savings Bank— 6 First National Bank- 6 share 100 165 160 100 6 100 b 15H 3,763,730 3,669,650 6,703,466 Commercial Sec Bk. Nom inal. Per Chattanooga— BkgCo— Flrst National BankHamilton Nat Bank- share. , 1,018,917 2,170,957 1,357,529 625,000 2,500.000 2,000.000 Amer Tr & 5,486,794 17,511,866 19,331,976 20 100 Per Knoxville— 17,181,661 100 5,412,608 325,000 "20 5,472,494 100 0200,000 203,125 500,000 r746,175 r201,105 C122.200 173,476 State Savings Bank- 3,000,000 1.000,000 50,000 2,847,264 1,231,063 77,824 26,754,029 21,357,646 1,305,087 Union Planters' Nat'l Bank & Trust Co- 3.500.000 Manhat S Bk & Tr Co 700.000 4,498,022 1,598,704 95 10 19,922,757 5,228,749 ilOO East Tennessee N Bk t?2,000,000 Bk— Comm'l Bk & Tr Co_ HamiltonN at ionalBk East Tenn Sav 13 . 100': 15 165 175 100 100 260 265 National Banks Dec. 31. 305 13^ 3,410,957 743,074 536,001 1,036,109 800,000 800,000 Ml,272,803 600.000 227,631 Broadway Nat Bank Commerce-Union Bk Nashville Trust Co— 6 Third National Bank 300.000 39,127,624 11,714,194 5,040,727 7,210,993 8,594,429 6,605,490 TEXAS 25 300,000 300.000 Republic Bk & Tr Co 200,000 Security Trust Co— 400.000 Texas Bank & Trust- 200,000 * Sale price, a New stock, 500,676 863,160 46,353 450,577 83,8361 b Member of First 235"" 220 230 100 100 125 135 160 40 State 150 Institutions Dec. 31. Per share 144,026 231,082 88,026 3,928,141 5,326,957 2,060,829 100 100 200,000 600,000 150,000 250.000 372,876 392,117 157,763 534,891 5,314,660 3,813,531 754,500 6.244,744 100 100 100,000 150,000 150,000 100.000 197,311 84,877 148,336 220,427 3,280,707 2,912,921 1,921,461 4,694,130 100 100 100 100 100,000 100,000 100,000 50.000 886,802 3,176,175 347,453 1,951,108 1,732,969 100 loo.ooq 125,778 271,562 171,166 167,399 247.907 Chittenden Co en 100 VERMONT Rutland OoNat Bank Rutland Trust Co 35 10 135 145 Per First National Bank. Montpelier Nat Bank Montp'r S B & Tr Co Per Central Nat Bank Corp. c March 25 1931. d Closed on Jan. 2 1932. e share share 40 Rutland— 100 100 share. 100 Montpelier— Capital S B & Tr Co 100 100 100 Security 100 Per Trust HowardNatBk&TrCo Merchants Nat Bank Dec. 31. 3,831,695 8,003,267 1,344,683 6,384,575 2,147,257 220 iflfl Burlington— Nom inal. Per share. Austin Nat Bank h "loo Klllington Nat Bank 45 110 Austin— American Nat Bank- 100 Clement Nat Bank— 40 100 I10 Institutions State 95 100,000 200,000 100.000 People's Nat BankQuarry S Bk & Tr Co Burlington Trust Co_ National Banks Dec. 31. 235 100 *"** Granite S B & Tr Co 3,000,000 1,000,000 125 230 14 Per. share. Nashville & Amer Tr 115 100 share. 100 NaBhville— American Nat Bank- share 100 126H 132 Per First National Bank- share. <r Memphis— Bank of Com & TrCo Per Salt Lake City— Contl Nat Bk&Tr Co Deseret Nat Bank— 100 100 100 100 100 Sold with First National Bank- g Affiliated with the Citizens & Southern National Bank of Savannah, Ga. i Capital stock trusteed for the benefit of the stockholders of the Union Planters Nat. Bank & Trust Co. I Last sale, n Nominal, o Controlled by the Joseph F. Meyer interests, r Sept. 29 1931. s Branch of the Central Union Bank of Rock Hill, S. C. t Trust funds, u June 30 1931. v East Tennessee National Bank in January 1932 absorbed its affiliate the East Tennessee Savings Bank, x Ex-dividend. /Reopened for business on Dec. 23 1931. BANKS National hank Stale VIRGINIA Dec. 31. Surplus A Profits. Capital. AND TRUST COMPANIES Institutions National Bants Dec. 31. Bid. Par. Ask State Institutions WASHINGTON Dec. 31. Cross Deposits. 119 Surplus A Profits. Capital. Dec. 31. Cross Par Deposits. Sid. Nomi nal. Lynchburg-— $ First National Bank. Lynchburg Nat Bank & $ 1.000.000 Trust Co. 1.000,000 600,000 150,000 100,000 300,000 People's Nat Bank__ Oom'l Tr & Sav Bank Mutual Say Bk & Tr Lynchburg Tr & S B Per $ 629,876 100 5,673,763 631,899 483,170 123,730 8,484 521,635 100 3,319,395 2,833,211 1,083,425 498,213 3,945,797 Oom & 250,000 125.000 Trusts 151,839 552,608 3,130,002 2,458,597 3,902,553 25 700.000 750,000 290,788 368,852 4,008,397 2,702,367 30 5,416,876 579,090 Share Central Trust Co 50 Charleston Trust Co. share 100 110 100 100 115 100 Richmond— Pet share American Bank & Trust Co 3.500.000 Bank of Comm & Tr 600,000 Broadway Bk&Tr Co f 300,000 Central Nat Bank... 1.000.000 First & Mer Nat Bk_ 3.000,000 Mech & Mer Bank 200,000 Poll'd & Bagby Tr Co 154.500 1,537.649 713,928 614,544 1,103,716 3,453,486 205,036 145,875 16.735.920 6,000,096 1,515,385 7,865,544 34.901.921 1,525,392 792,774 24 26 28 30 36 25 200,000 1,062,500 500,000 1,000,000 200,000 50,000 500,000 200,000 Peoples Exchange Bk 12 Per 2,259.247 Per Capital City Bank Charleston Nat Bk__ Kanawha Bkg & Tr. Kanawha Valley Bk Nat Bank of Comm 25 Per 118,739 92,847 209,903 Nomi nal Charleston— 550 120 110 Portsmouth— State-Planters shore 10 50 100 Petersburg— 500.000 250,000 500.000 100 100 100 160 556" 100 Merch & Farmers Bk 13,690,770 2,703,077 535,804 WEST VIRGINIA ""OUT* 100 100 19,819,768 10,830,872 American Nat Bank. Citizens Trust Co 200,000 20 100 767,574 745,946 301,711 First Nat Bk&Tr Co Petersb Say & AmTr 20 20 100 40 1,392,453 14,692,322 3,535,826 12,956,012 942,426 1,021,082 s380,820 1,359,143 60 185 100 loo" 100 100 225 (P) 'l65 loo" Per Center Wheeling Say Mutual Tr 100.000 Half Dollar Trust & Sav Bank Nat Bank of W Va Nat Exchange Bank. Security Trust Co Wheeling Bank & Trust Co 0104,659 1,574.880 5,395,090 100 31,012 581,277 626,663 157,823 2,978,326 575,000 1,142,687 4,240,806 4,628,734 1,267,754 12,568,327 3,480,318 25 100 100 100 100 100 240 851,223 6,974,201 100 share. 100 571,455 500.000 t 600,000 100,000 500,000 500,000 100,000 1,165,600 300,000 Citizens Co 230 share 135 100 25 100 Wheeling— So Side Bk & Tr Co. Dollar Sav & Tr Co. "26 88,851 1,419,001 264,800 1,589,396 22,968 105,637 262,625 (7101,994 220 150 27 130 150 190 210" 275 275 Bank & Trust Co Say Bank & Tr Co.. Un Bk & Fed Tr Oo_ 2,500,000 200.000 750.000 1.000.000 Virginia Trust Co $ 2,016,529 493,930 6506,437 1,289,429 28,211,316 1,901,643 2,268,113 4,640,742 576,457 069,000 5,659,730 800,000 19,522,952 1,795,538 25 25 25 ny> 25 85 100 200"" 290 Roanoke— Per Colonial Amer Nat B State & City Bank.. First Nat Kxch Bank 1.000,000 300.000 1,000.000 800.000 Mountain Trust Bk. 1,464.423 0446,671 National Banks share. 205 100 WISCONSIN Dec. 31. Stale Institutions Dec. 31. Nomi nal Per share La Crosse— 100 85 Batavian Nat Bank. 100 100 450 Exchange State Bank 115 Nat Bk of La Crosse. Security Savs 500,000 50,000 500,000 Bank 483,080 109,753 484,493 28,607 136,151 60.000 100.000 State Bk of La Crosse 3,979,704 804,682 4,781,923 915,889 2,057,231 20 50 60 100 250 275 25 150 25 *100 125 100 210 Milwaukee— Amer State 200,000 400,000 200.000 100,000 City Bank. 300.000 East Side Bank d 200,000 First Wise N Bk d 10,000.000 Home Sayings Bank. 200.000 57,907 210,396 a 392,714 6,412,487 d 53,385 2,178,814 d 125,628 1,048,234 136,139 100 2,502,866 d 173,082 2,455,936 d 9,074,747 143,964,461 270,125 20 1,599,983 29,632 938,580 100 92,065 20 1,058,890 64,380 814,148 100 129,598 1,114,065 122,395 837,813 "loo 1,246.388 16,080,869 20 20 2,504,089 29,076,704 d 229,718 2,718,312 353,912 20 1,457,234 100 378,676 2,490,224 373,633 12,189,585 d„.„ 209,973 2,769,347 d 54,216 1,180,645 255,540 LOO 2,236,542 145,726 1,075,076 70,336 786,701 "d d 71,970 1,223,874 70,695 20 566,223 165,459 20 2,485,766 A 205,330 1,305,080 835,442 Id 2,336,526 471,697 20 3,379,776 10/ 598,985 <1,158,013 Badger State Bank.. d National Banks Dec. 31. WASHINGTON State Institutions Dec. 31. Holton St State Bk. Nomi nal. Seattle- Per snare k k n 100,000 a 34,569 300,000 034,742 1,359,395 1,566,760 5,580,818 600.000 C200.000 8,810,000 150,000 e c2.500.000 150.000 a2.500,000 o r 600,000 k r 300,000 e 200.000 k 500.000 k 400,000 - . Nat 94,895 2,158,280 28,351 1,631,206 062,589 834,449 340,731 94,690 53,189 70,333 167,907 100 2,176,917 71,555,118 1,718,107 27,927,821 2,433,719 15,462,658 10,807,922 2,464,706 2,227,809 2,230,361 3,939,988 33 36 150 i 160 50 20 e 100 100 100 North Ave State Bk. r 60 . clOO.OOO 100,000 1,200,000 33,642 Vliet St State Bank West Side Bank 100 Per share. 9 . . J 400,000 500.000 tl .600,000 25,000 el .000.000 1.000,000 200.000 143.678 400.000 300,000 First Wise Trust Co. 1.000.000 20 100 4.422,694 3,066,114 18,722,735 856,663 10,819,688 12,869,933 1,804,948 47,299 525,690 87,392 520,006 121,479 249,914 ! 200,000 200,000 200.000 200,000 200,000 200.000 400,000 200.000 200.000 Wisconsin State Bk. Spokane— American Bank. First Nat Tr & S Bk. [ TeutoniaAveStateBk 1,103,981 497,517 2,189,933 61,266 338,657 [ Sixth Wise Nat Bank State Bank of Milw. 80 k< . I Park Sayings Bank Security Bk of Milw. 16th Ward State Bk. 100 I Northwestern Nat Bk 100 20 50,000 150,000 State Bank 100.000 Marine Nat Exch Bk 2,200,000 Marshall & Hsley Bk 1,500,000 Mer & Farmers St Bk d 200.00 Milw Comm'l Bank 400,000 Mitchell St State Bk_ 200,000 Nat Bk of Commerce dl ,000,000 f Commerce. 100,000 100.000 Kilbourn State Bk__ Layton Pk State Bk Liberty State Bank.. Lincoln 100 5 v National Banks 7 "12* 25 share. t•'091 >1»-.. 1 « 1—» 1I 111• 129 • 1 1 1 *225 250"" 34 37 150 34 175 60 55 36 ..... '175'" 200"" 20 23 "55 ' ~eo" "68" "78"" 15 100 Cheyenne-— Per American Nat Bank. Stock Growers N Bk. 250.000 300,000 232,775 213,929 2,809,970 3,821,056 share 100 100 Canadian Bank Statements '■ ■ ■ i ' Returns are all of Nov. 30 1931. Prices are per cent. nol per share. NOVA SCOTIA Capital Reserve Paid in. i Fund. Deposits. HalifaxBank of Nova Scotia 12.000.000 24.0(H) ,000 Par. Bid. J 194,264,834 Ask. per 100 ONTARIO QUEBEC Reserve Capital. Cross Fund. Deposits. Toronto— % $ $ Bank of Toronto... 9.0UO.OOO 6.000,000 96,723,600 Can Bank of Comm. 30.000,000 30.000.000 481,910,176 Dominion Bank 7.000,000 9.000.000 95,228,991 Imperial Bank of Can 7.000.000 8.000.000 99,340,051 * Reserve Par. Bid. Per Ask. cent. 100 0 100 100 100 0 194 0 193 0 203 .... 191 Sale price, a In process of liquidation by State BankingJDepartment. Wisconsin Bankshares Corp. e Member of the Northwest Bancorporation. Corp. u V I Last sale, Sold in units of Ex-rights. one cent. 274 0 Montreal— Bank of Montreal Banque Canadienne. Barclays Bk (Canada) Cross Fund. Capital. Deposits. $ $ $ 36,000,000 38,000.000 601,812,599 7.000.000 600.000 4,000,000 7.000,000 110,487,476 500,000 3.323,098 Provincial Bk of Can 1,500.000 39,681,727 Royal Bk of Canada. 35.00ft .000 35.000.000 626,101,167 Par. Bid. Per 100 too 100 0 0 Ask. cent 225 159J* 100 122" 1O0 0 221 b June 30 1931. c Member of the Marine Bancorporation. d Unit of the /In the hands of receivers, a Sept. 29 1931. iMember First National o Minimum price, p All stock owned by the Kanawha Valley Bank, r Member People s Corp. s Trust funds, t Special deposits share of American Exchange Bank and one share of American Bank Bldg. stock, v Traded in as Old National Corp. x Ex-dividend' ■ • ■ 1 45" "45" WYOMING Dec. 31. 100 225 Per Bank Bay View Natl Bk d Citizens Bk of Mil.. d Washington Ask 100 10 2,500.000 2,000,000 600.000 Seab'd Oitiz Nat Bk Virginia Nat Bank 834,339 253,315 48,609 600,000 Bk_J Puget Sd Bway Per Norfolk Nat Bank of Tacoma— $ Nat Bank of Tacoma 11,000,000 Puget Sound Nat Bkj Norfolk— Mer & Mec Sav Bk Merch & Planters Bk share. Nomi nal. Per share. ■.? ' « INSURANCE STOCKS 130 NetSurplus Par 7,500.000 17,950,116 3,000,000 4,788.385 10 5 100 20 5 (d) (Wash'ton) Home Fire(N Y) Amer Fire (Newark) Phenlx (N Y)— Reserve (N Y). 3,000.000 4,322,916 2,000,000 2,000.000 373.688 100 000 611,617 1,000,000 Amer Amer Salamandra.— 5 25 100 (Boston) Brooklyn Fire 2,864.804 OamdenFire (Camden) 5 10 1,015,892 1,425,883 1,887,843 4.821,060 2,000.000 600,000 10 \ 10 Jl.000,000 Voting trust ctfs... 1,000,000 1,000,000 Chicago Fire & Marine 10 (Chicago) City of New York (NY) 100 10 Colonial States (N Y)_ Commonwealth (NY) 100 Continental Ins 500,000 10 60 (NY) Corcoran(Waah'ton) OosmopoPn Fire (NY) Eagle Fire (Newark). Empire Fire (Bklyn) — Federal Ins (Jer City) Fidellty-Phenix (NY) „ Fire Aasoc of Phila Fireman's (Wash'ton) Flremans Fund (8 F) Flremans Ins (N ewark) - 10 10 10 10 10 10 20 25 .„ _ 10 5 Franklin Fire (Phila). Germanic Fire (N Y)^ Glen Falls Insurance 10 105* '11" 11 15 14 16 65* 65* 65 260"" 285 773,612 753.182 135* 15** I,410,669 1,341.396 5,000,000 6,263,166 (Phila) 10 1,000,000 1,400.000 Globe & Rutgers Fire 100 7.000.000 30.109.790 (New York) 10 16,300.000 16,383.804 Great Amer Ins (N Y) 750.000 474,075 Guaranty Fire (Prov). 1,323,939 10 2.000,000 Halifax (Halifax,N.S.) 1,000.000 2,090,863 50 Hamilton Fire (N Y). 9.036.735 10 4.000.000 Hanover Fire (NY)— 1.000,000 1,670,262 10 Harmonla Fire (Buff). 10 12,000,000 32.370,441 (Hartf). 24,000.000 37,491.905 1,000.000 1,597.551 10 500.000 396,005 10 10 Home (New York)— Home F Sc M (S F) Homestead Fire (Bait) Hudson Insur (Hud¬ 105 125 122.557 5 8 2,945.602 26,044,777 "20** 31.882 £150 2 852.523 8** 496.919 100 Liberty (Louisv, Ky). Lincoln Eire (NY)— 50 50 10 26 Lumbermen's (Phila). Majestic Fire (N Y)— 10 25 Mechanics Ins (Phila) Mercantile Ins (N Y)_ 100 10 Merch Fire Assur/com (New York)--\pref 100 Merchants & Mfrs Fire (Newark, N J) Merchants Insurance (Providence) Brunswick Fire (New Bruns, N J)— New England Fire (Pittsfleld, Mass)— New Hampshire Fire (Manchester, N H). 10 25 25 10 10 100 (Newark, N J)—— New York Fire New York HamburgNorth River Ins (N Y) io 3,000,000 10,054,760 1,000,000 2.530.625 7,500,000 5,429,528 i;25o;ooo I,085,110 10 3.500.000 51 750,020 10 1.500.000 50. 6,000,000 (6) 15.599,980 York) 25 2.500.000 General Surety (NY) 29,035 7,500,000 3 6 803.559 546.183 14 4,972.716 (N Y)_ (N Y) Ind(Phila) Constltu'n 16 14 Phila Nat (Phila) — Ind). (Hammond, 36 235 13** 15** 115 "18** 20 5* 13 H 15** 33 35 18H 19** 2,791.705 588,870 21 27 15 20 10 16 1.002,952 36.961.876 40,721.992 9** 11** Excess Ins (N Y) Employ eraRe-lns(KO) Fidelity & Dep (Balt). General Alliance (New Gr 418,664 2 415"" 465" 18 22 110 140 802,974 .... "2"" 69 19" 21 10 25 10,189.426 36 824,511 25 34 30 17** 20** 6 3.500,000 7.073.186 14 16 510,509 2,250,000 5,024,524 1,616,983 7.144,570 2** 804,224 18 2!* 75 85 6** 9% 1,500.000 801,678 3,377,113 10 3,000.000 7.308,851 8,956,350 10 1,250.000 611.785 2.356.282 t 85* 10 2,000.000 625,074 1,660,887 2 10 (Hartford) 10** nity 2.500,000 5.000.000 1,069,444 5,222,006 558,256 13,733,054 4,000,000 10 750,000 50 15,000.000 4.600,589 500,000 8,667,112 4,120.812 702,280 12.023.163 4,500,000 6,068.694 20 35 125* 39 Indem¬ Independence (Phila) Lloyd's OasualtyN. Y. (New York) ... 115* 3** Caa'ty (Phila) 10 Maryland Cm (Bait). Mass Bonding & Ins 25 (Detroit) 28** 8 ** s** t 30 11 10 (Baltimore) New York Indemnity 100 (NeW York) 15 "7" 11 CO 43** 11** 4,500.000 T—1 COCi^ 16 1,000,000 401.979 2,279.856 (f) (f) 20 3,500,000 1.002.626 2,358,644 17 22 5 (Now York) 760.000 l.OOO.OCO 1.500.000 2,500,000 1.500,000 1,160,000 1,426,228 1 2 Public Indemnity 6)4 9** 10 "(NY) 87,135 Seaboard Surety South'n Surety (NY).. 10 3,001,624 2.964.536 4,215.095 "(ir Stand Accident (Mich) U S Casualty (NY).. 50 25 ¥" 22 U S Fidelity anty 1,000,000 1,006.712 2,288.441 3% 1,000,000 1,000,000 500,313 1,064.886 122,935 17,121,075 356,670 2,426,006 327,653 1,921,711 1,367.305 1.688.044 570,056 520,074 1.222,058 1,505,415 330.619 4.052,831 75"" 125" 7,772.153 3,353,830 14 10 10.000,000 II,305,830 17.634,286 i 1l-» i 1 "IF 1 ! 10 Policy Reserves. Life- (Hartford) 10 15,000.000 23,967,458 Central States Life (St 400,000 351,168 Louis) Columbian Nat'l Life 100 2,000,000 1,520,519 (Boston) 10 3,000,000 6.193,762 Conn Gen Life (Hartf) 500.000 10 471,175 Continental Life (St L) 22** Aetna Life "26"" "28"" 19 7 k Guar¬ (Baltimore)- 55* 4 22 Preferred Accident "IJi "I ** Life (Kan¬ 100 sas City, Mo).— Lincoln Nat'l Life (Ft 10 Wayne. Ind) 10 Mo State Life (St L).10 Pan-Amer Life (N O) 10 Phila Life (Phila) 100 Occidental Life (L A) Sun Life Ass'nce (Can 100 24** 9 13 £128 138 39 42 12.680.704 8 10 600 700 Kansas City 13** 15** 18 10 3,000.000 42 20 1,000.000 1,000.000 2,830,600 4,000,000 2,000.000 656,062 1,851,447 21 544,159 769,283 6.370.934 853,988 3,005.613 8,498,315 3,899,335 1,000.000 791,631 628,621 2.000.000 1,000,000 1.000,000 4,493.989 1,775.828 1.733.623 2.868,533 1,000.000 1,000.000 250,507 1,363.874 938,060 417,355 8** 25 11** ir IF 15 5,367,140 2,500,000 5.000.000 1,000,000 3,500,000 1,616,661 2.281.806 700,000 302,622 732,635 31,751,490 26.963,538 631,483 1,000.000 2,000.000 Western States 55,870,287 .... 45 8** 22 ** io" 375 f 410 30 12** 475 430 Life 10 1.000.000 1,000,000 21,422,186 19 76 1,000,000 100 20.000.000 Travelers Ins (Hartf) 1 750,000 West Coast Life (S F)_ (San Francisco) 6,597.690 4 10 (New York).. National Surety (N Y) Amsterdam Cas 142,508 55,383 2,352,592 1.765.060 9,986,488 97,538 12,000,506 969,956 New ----- 20,806*681 7.022.074 Hartford Steam Boiler National Cas 739,223 2,050,614 37 5 14 Indemnity Amer Manufacturers 5,212,038 10 66 19 4 22 Casualty Continental 8,380,739 25 (Philadelphia) 1,779,143 - 500,000 2.000,000 200.000 10 10 (Hartford) Amer Reinsur Amer Surety 12 Peoples National Fire 63 79,383 42* 10>* 345,243 Pacific Fire (N Y)—.~ 112 1.411.543 7.571,663 429.984 42 1,530.080 10 4** 100 20 Casualty & Surety 602,694 25 73* 35 55* 25 Aetna Casualty & Sur 1,285,106 10 809.670 1,139,736 4.040.688 218.758 25 (NY) 8 400,000 25 15" ~6~" 2.383.002 1,806.267 289,515 40 1,000,000 (NY) Northwest Fire & Mar (Minneapolis) _ _—NorthwesternNatlonal (Milwaukee) — Occidental Ins (8 F)_Northern Ins Co 3 Io" 950,843 320,599 10 22 10 10 60 1.000,000 1,000,000 1.000,000 20 30 10 New Jersey Insurance 8.561.479 13,683,617 3 2 4:' 2 '40"" 12 2,554.870 New 15.149,184 2,013,320 340,701 2.000.000 823.757 2,000.000 2.174.439 5,000,000 10,646,850 10 25 mond) 205 1,000,000 Michigan F & M (Dot) 50 200.000 5 Mohawk Fire (NY) — 10 5.000,000 National Fire (Hartf). 500,000 60 Natlonal F & M (N J) 5 10.000.000 Nat'l Liberty (N Y)— 100.000 5 Nat'l Union (Wash) — 5.500,000 Nat Onion Fire (Pitts) 100 438,213 7,538,393 12,111,568 5,615,362 Wheeling Fire (Wheel) 100 27.340,139 19,170.246 911,536 1,000,000 500,000 505,832 200,000 170.852 500,000 663,851 850,000 1.000,000 1,678,888 201.653 250.000 608,522 600.000 1,000.000 2,735,114 3.000,000 13,617.080 1,000.000 J 3,190,377 2,000,000 25 Victory Ins (Phila) Virginia F & M (Rich¬ Westchester Fire 34 10 12,000.000 43,351.007 28,134,640 185,002 500,000 t 764.247 5 (New York)--(pref Lafayette (New Orl)— 388,517 1,715.723 5.000,000 12,211,544 1,000,000 503,719 1.000,000 511,178 10 10 (Boston) (Philadelphia)-..-- 819,375 1,691,993 414,067 1,633,683 1,000,000 1,522,929 3.000,000 3.002.687 4.000.000 14,906,451 2,000,000 4,082,040 10 (Rochester) Rossia Ins (Hartford). St Paul F & M (St P). SecurityIns(New Hav) Springfield Fire & Mar (Springfield, Mass). Stuyvesant Fire (N Y) Transport'n Ind (NY) Transportation Insur (New York) 21H 7** 1.656.235 Insur Co of Nor Amer " 21** 7,706,865 3.472.234 611.541 Knickerbocker--/com 5,142.991 4,004,236 289,447 Rochester American (New York).. "35 601,025 (Philadelphia) Oo of State (Philadelphia) 100 27 8,159,491 1,274,165 351,539 212.191 1,000,000 of Pa 40 25 250,000 2,000,000 1.000,000 20 Ohio) Republic (Dallas) Republic Fire (Pitts). Rhode Island (Prov). Universal Ins (Newark) 2,776,499 21,840,660 11,136.279 213,723 14,751.849 9.604.497 6,075,499 731,428 1.000.000 Insurance 38 U S Merch & Shippers 5 10 Independence Fire — 1,766,303 2,694.294 2 25 (New York) Ask. 12,041,716 3,000,000 1,000,000 1.000,000 5 10 Travelers Fire (Hartf) 100 10 U S Fire (New York). 2,023,779 son (NY) Importers & Exporters Bid. Reliable Fire (Dayton, 15** Globe of Amer ... "12"" 11** 192,199 1,745,606 165,704 3.028,229 34,972,752 319.029 (Providence) 8.000,000 20.411.578 10 Public Fire (Newark). Reliance Ins (Phila).. 6,323,830 1,500.000 200,000 1,000,000 19.494,464 100,000 1,000,000 617,283 1,000.000 897,761 400.000 112.485 2.000,000 7,603,666 13.858,068 28,867,143 5,600.000 5.417.300 200,000 234.499 7.600.000 II,178.573 18.792,020 20,051,705 3.000.000 9,075,031 237.415 1.000,000 10 (Glen Falls. N Y).. Reserve. Per Share 10 Phoenix Ins (Hartf) Providence - Washing¬ ton 17 1,803,730 2.111U08 2,359,433 (Wilmington, N.O.) Hartford Fire 13 4 5.297.285 2,400,953 2,414,344 5.763.535 v 65 259,916 1,568.974 1,000,000 Central Fire (Balto)— Premium Fire & Marine- 26 (Brook¬ lyn. N. Y) 5 Bronx Fire (N Y)—25 Buffalo Ins Oo (Buff) 100 Oarollna Unearned 1930, Capital. $ share 24 23.836.540 55 5,844,655 10 1,698,633 6,471.446 t 14 60,473 £275 9 626,538 10 14,809.204 42,749 5,000,000 6,897,940 1,000,000 1,361.916 1,000,000 1,775,068 3,000.000 11,926,413 10 Automobile Ins (Hartf) Baltimore Amer (N Y) Bankers &Shlpp( NY) Boston 9,141.434 6,687,480 1,155,000 10 1,000,000 50 c2,341,750 Amer Insur Amer $ 10 Par Ask. Bid. Per 25 (Hartf)— Agricultural (Watet'n) Amer Alliance (N Y) Amer Equitable (N Y) Aetna Insur Amer Capital. $ Fire & Marine-— Reserve. Dec. 31 Premium 1930. NetSurplus Unearned Dec. 31 86 886,489 ~70"~ "80"" 2 3 I a 6 320,000 no par. shares, c Including 400 shares no par general management 17** and 3,033 no par management stock carried at 17**. 7 AH stock owned by Last sale, t New stock, v Ex-stock dividend, v Ex-rights, t No par value. Holding company. shares no par carried at British & Mercantile Oo. fc stock carried at $2,000. d Represented by 62,967 National Surety Oo. g All stock owned by North