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$40

BANK/QUOTATION
RECORD
U.

REO.

5.

RAT.

OFFICS

JANUARY IN RETROSPECT
Page

Commercial and Financial Events
Cotton

-

-

-

-

-

_

_

_

_

-

-

-

-

1

-

Hides and Lea t h e rl

9

_

'71 "1_

Iron and Steel Trade.

_

_

't

Money Market.

Course of Stock Market

14

Dividend Declarations..-.-

13

New Security

Federal Reserve Bank—Brokers' Loans

16

Petroleum and Its Products

6
....

16

Issues

12
_________

10

Rubber.

17

Textiles.

Foreign Affairs
Foreign Exchange

8
7

_.

8

Grain—Coffee—Sugar

9
9

United States Treasury

Financing

11

INDEX TO STOCK EXCHANGE QUOTATIONS
Page

Page

57

New York Curb

Boston Stock Exchange

58

New York Stock

Exchange—Bonds.

Chicago Stock Exchange..

54

New York Stock

Exchange—Stocks

Cleveland Stock Exchange

59

Philadelphia Stock Exchange

61

Detroit Stock Exchange..

60

Pittsburgh Stock Exchange

66

64

San Francisco Stock

62

Baltimore Stock

Los

Exchange.

Angeles Stock Exchange

.

Exchange

41
__

19
31

Exchange

i;
INDEX TO GENERAL

QUOTATION S

Page

Page

Municipal Bonds-

Banks and Trust Companies—

102
-

-

Domestic

111

Domestic

Canadian

Canadian

92
94

Exchange Seats

84

Public Utility Bonds

73

Federal Land Bank Bonds

92

Public Utility Stocks

78

Foreign Government Bonds

93

Railroad Bonds

67

Industrial Bonds

81

Railroad Stocks.

71

85

Real Estate Bonds

______

Industrial Stocks

—

TOO

Insurance Stocks

Investing Companies Securities

72
84

—

85

.

85

Stocks




B.

William

DANA

United States Territorial Bonds.

92

COMPANY,

Street, Corner

-".Vrrr

85

92

Webruary 8,

WILLIAM

__

United States Government Securities.

Mill Stocks—see Textile Stocks—

Mining Stocks

86

Textile Stocks
Title Guarantee and Safe Deposit

Joint Stock Land Banks—
Securities

101

Real Estate Trust and Land Stocks

of

1940

PUBLISHERS

Spruce Street, New

York

'{•!




jiafe gcptfsil aud Jntst C#
—OF BALTIMORE—

Capital $2,000,000
Surplus and Profits $4,196,364

gINCE 1876 this Company has devoted itself
exclusively to the management and conser¬
vation of
of its
It

is

estates—specializing the whole effort

highly trained organization in this business.
one

country

of

the

few

which has

trust

never

companies

in the

engaged in general

banking, selling securities, etc.

Its Directors are:

Charles H. Babcock

A. E. Duncan

Edwin G.

William L. Galvin

Baetjer

William G. Baker, Jr.

Robert Garrett

Howard Bruce

J. Edward Johnston

George C. Cutler

Blanchard Randall

Lyman Delano

Charles E. Rieman

BANK/QUOTATION
RECORD
REd.

Copyright in 1940 by WILLIAM B. DANA
Entered

as

Second Class Matter,

U.

S.

PAT.

OFFICE

COMPANY, in office of Librarian of Congress, Washington, D. C.

March 9, 1928, at the Post Office at New York, N. Y., under the Act of March 8, 1879

NO. 2

NEW YORK, FEBRUARY 8, 1940

VOL. 13.

labor which the efficiency of our

our

Bank

Quotation Record

and

created," the President said.

industrial

processes

has

Jle added:

We refuse the European solution of using the unemployed to build up
The Bank and Quotation Record is one of the companion

publication

of the Commercial & Financial Ohronicle and is issued monthly.

Terms for the Chronicle

$18

are

and U. S. Possessions and Territories; $19.50 in
and Central America.

Quotation Record is $12.50
Postage outside of United States extra.
Single copies are sold at

$1.50 per copy.

"

OHIOAGO OFFICE—208 South La Salle Street.
LONDON OFFICE—Edwards &

In

liberty, of

on

of democracy and of fair play as living

reason,

President's

following day
FINANCIAL

AND

message to

EVENTS

Budget Message to Congress

was

election-minded Congress which assembled in

an

Washington last month first to hear the President's annual
"state of the Union" and budget messages

and then to begin

while
at the same time avoiding the necessity for either increasing
taxes or raising the ever-approaching national debt limit of
45 billion dollars. With the proponents of economy assuming
the task of increasing national defense expenditures

the leadership, the sessions held last month resembled those
of the same month last year when Congress returned fresh
from

to pare

As

a

election to begin, albeit with little ultimate success,

an

the Administration's appropriation recommendations.

result, attention during the month under review was

focused

the

on

would

efforts

yield to the
for relief,

be

maintained

pressure groups

agriculture

or

a

or

whether

economy

Congress would

and increase the appropriations

similar items.

President's An nual

Against

the initial

of whether

question

background of

annual budget,

sent his

when he

Estimating expenditures at $8,424,$5,547,960,000, exclusive of social

revenues at

security collections, the President said that the

followed

his

program

of national defense with at least $460,000,000 in

recommendation .to

taxes and if the

the

finance

a

excess

"capital
total of

new

Treasury recovered the

The expenditures forecast for 1941 are about

$700,000,000.

$675,000,000 belovr the most recent estimates of expenditures

during

the

revenues

fiscal

current

are

of the current fiscal year.

contemplated

the

while

year,

the estimated revenues

$382,000,000 above

The net deficit of $1,716,000,000

would be the lowest in 10 years.

If Congress passes the

appropriation bills carrying out to the dollar the President's
budget recommendations, if government income lives up to

forced to do,

for

work

supplementary

appropriations

which he cut down in his

budget,

either for

farmers, provision for which was eliminated in his budget
message,

the total government debt

foreign affairs," the President voiced the hope that this
Nation will remain at peace and recommended emergency
for defense and

for cooperating with other

means

the troubles of the world."

kind of

peace

that will lighten

In contrast with his

to

messages

part by increased taxes, and his plea for a continuation of
the

reciprocal trade treaty

"an

indispensable part of the foundation of

which, he said,

powers,

any

were

stable and

durable peace," were the only legislative recommendations
he made to the present Congress. Taking note of the budget
he

was

present to Congress

to

President said that practically
decrease

from

last

year

on

the following day, the
item would show

every

except

the

national defense

a

ex¬

penditures.

The increase in this item, he recommended,
In his discussion of
domestic affairs the President expressed the view that the
should be provided for by new taxes.

Unemployment problem of today is "very definitely
of youth as

made

in

well

our

as

of age." "Despite all the

domestic

a

problem

progress we

problems—despite

the

fact

have
that

production is back to 1929 levels—", the President said he
could not "report that all oui; problems

are

solved.

decreased, while their
immediate needs for food and clothing—as far as the Federal
Government is

concerned—have

been

largely met,

while

their morale has been kept alive by giving them useful public

work,

we

have not yet found a way to employ the surplus of




or

June 30, 1941, will

approximately $62,000,000
As

a

result

faced with
a fiscal problem which had one of three politically distastefu',
solutions:
Increase taxes, increase the national debt limit,
budget

message,

Congress

was

reduce expenses.

or

Move for Joint Committee to Study President's Budget

In

an

effort

consolidate

to

emphasis to their endeavors,

their

position and to lend

advocates in1
on Jan. 4
by Senator Harrison proposing that Congress name a special
committee of 24 members to study the President's national
Congress sought to

defense

pass

a

the

economy

resolution sponsored

appropriations and tax recommendations for 60 days

and then make recommendations covering the entire
taxes

and spending.

resolution in

the

Favorable action

Senate

on

Jan.

10,

was

taken

field of
the

on

but House leaders,

jealous of that body's prerogative in originating all appro¬

priation bills, indicated that they did not intend to call
the resolution for action.

up

The House Appropriations Com¬

mittee did, however, take a step on behalf of the economy

advocates when it voted 14 to 11

on

Jan. 10 to instruct its

sub-committees not to exceed the President's budget recom¬
mendations in reporting expense bills.
Independent Offices Appropriations Bill

While

the number of the unemployed has

$44,938,577,622,

of the President's

preyious

Congress, the President's plea for
increased national defense appropriations, provided for in
opening

to

on

under the statutory ilmit of $45 billion dollars.

discussion

a

of

relief,

for parity payments to

or

Approaching " 'the state of the Union' through

"to encourage the

emergency

funds" of various Federal credit agencies up to a

amount

measures

$2,176,-

000,000, could be reduced to $1,716,000,000 if Congress

stitutionally required message on the "state of the Union."

nations

differ¬

gross

between the estimated income and outgo, or

ence

later in the session, as he indicated he might be

in Europe, the President

joint session of the House and Senate on
Jan. 3, the opening day of the third and probably the last
session of the 76th Congress, to deliver personally his con¬
appeared before

fiscal affairs
amplified on the;

expectations, and if the President does not return to Congress

Message to Congress

war

(Jan. 4)

Congress.

191,570 and
It

united

as a

this continent the flames of human

in his "state of the Union" message were
REVIEW OF JANUARY—COMMERCIAL

Much progress has

the slack.

The President's references teethe government's

Spruce Street. New York.

corner

We en¬

dictatorships.

result in

increase of national income which is

things to be preserved for the better world that is to come.1

WILLIAM B. DANA COMPANY, Publisher#,
William Street

an

getting these things done, he said, "we must

people keep ablaze

Drapers* Gardens. E.G.

Smith, 1

eventually

the only way we can be sure will take up

Spain, Mexico and Cuba, and $23 in other foreign

The subscription price to the Bank and

which

American way—through

been made; much remains to be done.

countries.

a year.

armaments

courage an

annum,,within the United States
Canada; $21.50 in South

per

excessive

The first

the

measure

affected by Congress' economy axe was

Independent Offices Appropriations Bill which

passed by the House
sent to the Senate

187,263,

or

on

Jan. 18 without

a

was

record vote and

carrying total appropriations of $1,100,-

$94,517,206 less than recommended in the Presii

.

dent's budget.
for

REVIEW

MONTHLY

2

the

All of the reductions, except a $25,040 item
of Personnel Administration, had been

Council

approved by the House Appropriations Committee before it
reported the bill on Jan. 16. The major cut was made at the
expense of the Maritime Commission; its request of $200,000,000 for the ship construction program was reduced by
$75,000,000.
In addition the House eliminated all funds
for the National Resources Planning Board, which the

budgeted at $1,105,000, and the Office of
Reports, formerly the National Emergency
Council, for which the President had asked $1,060,000.
The President at a press conference on Jan. 19 criticized the
elimination of funds, stating that the economies effected by
the House's elimination of funds for three executive depart¬
President had

Government

House Naval Affairs Committee, and favored by the

Adminis¬
subjected to month-long hearings beforeAlthough the necessity for an
enlarged Havy was impressed upon the committee by a.
number of witnesses from the Navy Department, the com¬
tration, the bill

Mr.

reported to be inclined to restore the
House-deleted funds for the Resources Board and the Bureau
of Government Reports and to restore some portion of the
$75,000,000 cut in Maritime funds. It was reported on Jan.
31 that the Senate committee had added $39,000,000 to
was

finance shipbuilding contracts already let by the Maritime
Commission and had made other minor changes in the bill,

bringing the total
Treasury-Post

up to

$1,138,693,000.

Other Congressional Action

Refusal of the House
of

The
..~™actiunoftheAppropriations-Committee4n."r.edueing"*H3:is'
bill by $11,491,000 from budget estimates to a total of
$1,032,154,612 was sustained by the House on Jan. 25.
The most important slashes included $3,594,720 from the
amount requested by the Coast Guard for its neutrality
patrol and $2,500,000 from a $15,000,000 item for the
purchase of strategic minerals. On the same day (Jan. 25),
the House passed an "urgent" deficiency bill carrying $29,300,000 to provide for tax refunds by the Treasury, $29,000,000 to supplement existing funds of the Navy for armor,
armament and ammunition for ships now under construction,
and $202,600 to pay widows of deceased Representatives and
provide other sundry expenses for the House. The total'of.
$58,502,600 represented a reduction of $1,822,400 from the
President's budget request.
The House, after passing the
bill

on Jan. 25, sent it to the Senate.
National defense appropriations likewise felt the effects

of the economy movement.
bill carrying more than

In passing an emergency defense
$264,000,000 for additional ex¬
penditures for the armed forces, the House on Jan. 12 cut the
budget estimates by $7,388,271 on the ground that the
Army's expansion program had fallen behind schedule. This
appropriation bill provides funds for the current fiscal year
and was necessitated, it is stated, by a series of orders
implementing the President's proclamation on Sep. 8 of a
state of national emergency.
Before passing this bill on
Jan. 25 the Senate made an additional cut of $12,788,664
which, combined with the reductions voted by the House,
put the total of the bill $20,176,935 under budget estimates.
The Senate reductions included cutting off the proposed
appropriation of $6,075,000 for 81 Navy scouting planes,
$3,000,000 for army field exercises and $1,000,000 for Army
ransportation.

Last year

Congressional economy efforts came to grief
managed to insert $283,959,562 in the
Agricultural Appropriation for parity payments and disposal
of farm surpluses.
As a result, particular attention was
paid last month to the action Congress would take on this
year's Agricultural Appropriation.
In his budget message
the President recommended that no provision be now made
for parity payments and that the total agricultural appro¬
priation should be $903,785,000, a drastic reduction from the
$1,316,841,518 appropriated for the current fiscal year.
Opposition of the farm groups to this reduction was strong
but in considering the 1941 Agriculture Department Appro¬
priation Bill, whicu contained a major porition but not all
of the agricultural appropriations, the House Appropriations
Committee cut the total of $788,929,519 requested through
the Bureau of the Budget to $634,399,256.
The House
Committee slashed $72,678,812 from the surplus com¬
modity disposal item, which includes the food stamp plan;
$47,975,000 from the appropriation to carry out the terms
of the 1937 Sugar Act and $25,000,000 from the appro¬
priation for farm tenant loans. Despite a press conference
declaration by the President on Feb. 2 that the reduction
was
"terrific," the House in passing the Agricultural bill
on the same day sustained the action of its
Appropriations
Committee and sent to the Senate a bill carrying total
appropriations of $722,000,000, or $66,900,000 below the
"bedrock" estimates in the President's budget message.
This figure included an item of about $100,000,000 not
when the farm bloc

Navy Expansion

Congres¬

sional committees in January was the $1,300,000,000 auth¬
orization bill for a 25% tonnage increase in the Navy.




Vinson,

Board

Security

mean

Chairman

1938, by

because of lack of efficient administration of

that States

Approval of the bill, the President

longer would be compelled to maintain

no

but could violate these standards

with impunity and still get their money."

Completion of Congressional action on Jan.

8

on

a

measure

providing

for the protection of witnesses appearing before Congressional investigations
at

proceedings before Government executive agencies.
on

agreements

The President

Jan. 13.
on

between the

Jan.

15 of

a

resolution authorizing compacts

States bordering

on

the Atlantic Ocean with

respect to fishing in the territorial waters and bays and inlets of the AtlanticOcean

on

which such States border.

1

--

-Passage by fhe Hbuse on Jan. llporth^aiid-lyirching' mil.

Passage by the House

on

Jan. 23 by

a vote

:

of 344 to 21 of

a

the Dies Committee.
lution providing

Subsequently, (Jan. 24) the House approved

$75,000 for the

new

.

1 ~

.

resolution

continuing the investigation of un-American activities for another

year

by

a reso-^

inquiry.

President Roosevelt Urges Congress to Study Credits to Finland

Aside from the

question of national defense appropriations,
important question before Congress last
month which grew out of the wars in Europe was the question
of extending aid to Finland in her defensive war against
Russia.
President Roosevelt, in identical letters to VicePresident Garner and Speaker of the House Bankhead on
Jan. 16, urged Congress to study the question of extending
further credits to Finland "to finance the purchase of agricul¬
tural surpluses and manufactured products, not including
implements of war."
While not mentioning any amount,
the President said that "the most reasonable approach
would be action by Congress authorizing an increase in the
revolving credit fund of the Export-Import Bank and
authorizing the Reconstruction Finance Corporation to
purchase loans and securities from the Export-Import
Bank." The only action taken by Congress on the proposal,
however, was approval by the Senate Banking and Currency
Committee on Jan. 24 of a bill revised by Senator Brown
increasing the revolving credit fund of the Export-Import
Bank by $100,000,000.
Although no mention of loans to
Finland is made in the bill, that Nation could obtain an
additional credit of $20,000,000 inasmuch as the bill imposes
a limit of
$30,000,000 on loans for non-military purposes
to any one borrower.
the

only

other

Appointment

by President of Frank Murphy
Justice of U. S. Supreme

In

addition

as

Associate

Court

of decisions involving variour
of decisions upholding the exercise
of broad powers by the National Labor Relations Board,
the United States Supreme Court developments last month
were marked by the
appointment of Attorney General Frank
Murphy by the President on Jan. 4 to the vacancy on the
Bench caused by the death of Justice Pierce Butler.
Mr.
Murphy's appointment, which gave the New Deal a majority
on the Court, was confirmed
by the Senate on Jan. 16 without
a record vote.
At the same time the President's appointment
of Solicitor General Jackson to be the new Attorney General
was also approved by the Senate.
Mr. Murphy was sworn
in as an Associate Justice of the Supreme Court on Jan. 18
in a ceremony held in the White House, in the presence of
President Roosevelt and Government officials, and at the
same time Mr. Jackson took the oath as
Attorney General.
On Feb. 5 when Mr. Murphy began his service as a
Supreme
Court Justice, he took an oath in open Court, given by
Charles E. Cropley, the Clerk, to administer justice im¬
partially.
Members of the U. S. Supreme Court Bar and
officers of the Court paid tribute to the late Associate
to

questions and

a

number

a group

Justice Butler at memorial services held

on

Jan. 27 in the

Supreme Court Chamber.
Justice Butler died Nov. 16
after serving for nearly 17 years on the High Court.
A program commemorating the first meeting of the U. S.
Supreme Court, 150 years ago, was held in the Supreme
Court Chamber on Feb. 1, at which time Chief Justice
Charles Evans Hughes was the chief speaker.
President

Roosevelt

Principles

at

Urges Democratic Party to

Jackson

Day

Dinner

in

Cling to New Deal

Washington—Views

on

Third Term by Some Speakers

The Democratic Party must adhere to New Deal policies
if it is to emerge victorious in the 1940 elections, President
Roosevelt said on Jan. 8 in a speech at a Jackson Day dinner

automatic under existing law.

Representative

Social

the standards set up by the Congress,

included in the Committee's recommendation because it is

A bill which received extended consideration in

Jan. 24 to over-ride President Roosevelt's veto

that State's old-age assistance program.

tax

Agricultural Department Appropriation Bill

by

on

bill to reimburse Ohio for $1,338,000, withheld in October,

said, "would

or

Sponsored

a

the

Appropriation Measures

Bill Providing Appropriation for

important action by Congress last month included:

Passage by the House

the Treasury-Post Office Department supply bill.

Jan. 31 that it would reduce the $1,300,-

originally

Other

or

Next to feel the effects of the House's economy movement
was

on

contemplated by about $645,000,000.
This would be the largest reduction so far made in an appro¬
priation bill by any Congressional committee in the present
economy drive and also the largest cut in any proposed
naval appropriation since the beginning of the present
expansion program in 1933. In making its cut the Committee
provided a two-year program instead of the five-year pro¬
gram requested by the Navy.
000,000

signed this bill

Office Department Supply Bill and Defense

was

committee.

mittee announced

ment agencies might cost the country more in the future than
is being saved by that economizing now. At the conclusion
of its hearings on the bill on Jan. 26 the Senate Appropriations

subcommittee

Vinson's

of

the

in

Washington attended by several hundred Democrats, who
paid $100 a plate for the privilege. The net proceeds of this
dinner, and of many others throughout the country, will go
to the funds of the Democratic National Committee, which

"

3

MONTHLY BEVIEW

Feb., 1940]
hoped that the receipts would

United States Supreme

than wipe out their

more

President
whether

or

did

Roosevelt

not he would

not

run

for

The most important of the tax questions settled in the
Supreme Court last month was that involving the 2% sales
tax imposed by the City of New York.
In five-to-three
decisions in three similar cases, the court held on Jan. 29

mention the possibility o:
third term, but his candi¬

a

dacy was urged at other Jackson Day dinners by Secretary
of Agriculture Wallace and Attorney General Jackson.
The President's only remark which might have been con¬
strued as bearing on a third-term candidacy came when he
said "there is really a lot of fun in this job" of being Presides
of the United States, providing one does not worry too much.
He defended the achievements of his Administration which,
he declared, must not be "chipped away." He said that the
American people recognize that the world outside the West¬
ern Hemisphere is "in bad
shape," and that the United States
has made "great gains" in economic prosperity and in the
security of individual.citizens. In the this connection he added:

that

which to build further gains.

job.

It

Behind

us

check

President

Roosevelt Finds No Permanent Solution

delivered

in

Democracy,

a

on

the counter of a store or through contracts

over

The New York 2% tax

New York through its sales offices in that

in

that

State

makers

Democ¬

approved
taxes

in

to

of

case

Another
under

as

irrevocable

the prior

day (Jan* 29) were:
Federal
designed to revert to their

doctrine the applicability of

general

a

funds

trust

death of the beneficiary.

holding that the value of property "appointed" to an inheritor

will

should

he included in a gross estate for the purposes of
regardless of the place of domicile of the decedent.
Another upholding the constitutionality of a Kentucky State statute
taxing bank deposits of its citizens in out-of-State banks at a higher
a

Federal taxation,

Children

that permanent solution of the Nation's social and economic
ills is "not mere handouts from the Federal Treasury" but

rate than those held in

Kentucky banks.
Supreme Court also on Jan. 29 unanimously ruled that the courts

The

has to be solved

have

poorer

munications Commission.

by increasing the average incomes in the
sections of the country and an insistence on adequate

taxation in accordance, with

ability to pay. TheJPresident.
said that the Conference's program of planning for
chilc^
welfare over the next 10 years should be the concern of
all citizens.
The Conference was opened in Washington on
Jan. 18 by Secretary of Labor Perkins, who was Chairman,
and

right to supervise the administrative actions of the Federal Com¬

no

—--In

a^ux

reversal

' '

of

in

use

15)

(Jan.

the

appeal of the City of New York seeking
of the State Supreme Court invali¬

an

decision

a

dating its 2% sales tax
for

——

Oie" month

d^islun^MHier^Tn

court dismissed

foreign

in session until Jan. 20.

was

Other

city.

tax decisions handed down on the same

Jan. 19, President Roosevelt declarec

on

city, whether paid for on the spot or by
of the State, and whether they were

outside

Berwind-White Coal Mining Co., a Pennsylvania corpora¬
tion which mines coal in that State and sells it to consumers

Urges Higher Incomes for Poor and Adequate Taxation

In addressing the White House Conference

^

the court
goods which

effect,

unemployment relief was upheld by the court in three
cases on
Jan. 29, chief of which was that affecting the

and

a

In

commerce.

for

of Nation's Ills

Children in

on

interstate

involving parties in other States.

face the forties.

in Federal "Handouts"—At Conference
racy

sent

One

we can now

in

to rest in the

came

foundation
lies accomplished a really big

with which

2% levy could be applied to goods moving into

ruled that New York could collect the levy on

the creation out of the funk of the early thirties of a new spirit

was

the

NevW York

These gains must not be chipped away; they must be only a
on

Court Rulings—New York City Sales Tax

and Other Tax Decisions

deficit.

applied to oil sold in the city

as

commerce.

Supreme Court Decisions Affecting NLRB
Roosevelt Sets Up Committee to Supervise Purchase of
Materials—Secretary Morgenthau Named Liaison Officer

President
War

The

House

White

announced

Roosevelt had established

an

The most important of the three decisions handed
on Jan. 2, in which
the court upheld the National

down
Labor
Relations Board, was the decision sustaining the dismissal
by the Circuit Court of Appeals for the District of Columbia

President
interdepartmental committee
Jan.

23,

that

"to represent the United States Government in all matters

*

of

relating to the purchase of military or naval supplies, ma¬
terials and equipment purchased in the United States by
the United States Government or by foreign
governments."
Stephen T. Early, White House Secretary, issued a state¬
ment which said the committee is "charged with the duty
of protecting the interests of the United States by preventing conflict with the requirements of this country and
its citizens in the American markets." It was revealed that
the committee was formally constituted by Mr. Roosevelt
on

Dec. 6.

Secretary of the Treasury Morgenthau will act

liaison officer between the President and the committee,
which is composed of Capt. Harry E. Collins, Director of
as

Procurement
of
the
Treasury Department; Major-Gen.
Henry Gibbins, Quartermaster-General of the Army; and
Rear Admiral Ray Spear, Navy Paymaster-General.
President Roosevelt Sends

Congress TVA Plan for Recreation Area

President Roosevelt transmitted to Congress

report

of

ditional

Tennessee

the

Valley

to develop

power

Jan. 15 a
requesting ad¬

in

special

a

port, said that it was an
Act

creating

a

great recreation area.

accompanying the re¬
"utter fallacy" to assume that the
message

the TVA

Mr.

power.

More Than $1,500,000 Raised for Infantile Paralysis Fund in
brations of President Roosevelt's 58th

More

Birthday

raised

throughout the country on Jan. 30 to cele¬
brate the 58th birthday anniversary of President Roosevelt.

obtained chiefly from receipts from "birth¬
day balls," which have become an annual observance, and

the

tile
lars

was

proceeds will go to the campaign for the relief of infan¬
paralysis.
In addition, several hundred thousand dol¬
was

contributed

as

of Dimes" conducted

a

result of collections in the "March

throughout the Nation.

greeted the various parties that
a

radio

will

midnight, in which he expressed the
eventually all crippled persons in the country

be benefited by the annual drive.

a

the

Roosevelt

in

Message

to

Congress\ Urges Legislation

to

President Roosevelt on Jan. 30 sent a special message to
Congress proposing consideration of a program for the con¬
struction of 50 small hospitals in needy rural areas of the
country and requesting an appropriation of between $7,500,000 and $10,000,000 for the Public Health Service to

the

program.

The

President said

he

believed

the assistance of the Work Projects Administra¬
the cost of building and equipping a 100-bed hospital

that with

tion

would be between

$150,000 and $200,000.

Stating that "this

ambitious project" but "an experiment in the sense
that the Nation will gain much experience by
undertaking

is not

such

an

did

sustain
of

the

unions

contention

after

of

Board

the

election

an

not

are

that
final

in

case

removing the A.

F.

of L.

the ballot in a run-off

from

election, while in the third decision the court upheld the
Board's action in excluding a union from the ballot in an
election at the Falk Corp. of Milwaukee on the ground that
the

union

company-dominated.

was

United States Supreme

Court Decides in Favor of Government in
Two Tax Decisions

The United States Supreme

Court handed down decisions

favorable to the Government in two tax cases on Jan. 8.
it held that Pierre S. du Pont

one case

was

In

liable to a tax on

$647,711.56 which he sought to deduct in his 1931 return
a necessary business expense.
The money, it was noted
in Associated Press advices from Washington, Jan. 8, was
paid to an investment company for stock which Mr. du Pont
had to borrow for business purposes.
The account from
as

which
In

an

we

quote further said:

opinion by Justice Douglas the Supreme Court cited

of

ordinary business

men

was

"so extraordinary

to

as

a

lower court
in the lives

occur

not at all" and in Mr. du Pont's life "but once,".

and added:

"Congress has not decreed that all necessary

Though

plainly

necessary

they

cannot

be

expenses

allowed

may

unless

be deducted.

than

are

also

ordinary."
In another income tax case,

a decision by Justice Reed held that sales of
by individuals to corporations which.they owned themselves could not
Since this case arose, however,
Congress in 1934 specifically outlawed this practice by legislation.

stock

be used to establish losses for tax purposes.

The court's

ruling

was in

the

case

of John Thomas Smith of New York,

general counsel of the General Motors Corp., who sought in 1932 to deduct
a

loss

the sale of stock to the Innisfail Corp., which he owned.

on

The decision said that while title to the securities passed to the corpora¬

tion,

"the taxpayer retained
in such

command

is

a

sale
of

the control" and there

finally to determine

income

marks the real owner of

and

its

a

was

"not

enough of

loss."

benefits," the court noted,

"which

property."

United States Circuit Court in

Washington Upholds SEC Power to

Publish Data of Firms

The United States Circuit Court of Appeals for the Dis¬
trict of Columbia on Jan. 2 upheld the discretionary power
of the Securities and Exchange Commission to make public

profit and loss statements supplied by corporations under
its jurisdiction.
The following concerning the ruling, given
in the case of the American Sumatra Tobacco Corp., is
fronr Washington Associated Press advices of Jan. 2:
The court, in an opinion written by Chief Justice D. Lawrence Groner,.
declared that "the obvious purpose and intent of the (Securities) Act is a
full and complete disclosure of each registrant's financial condition, includ¬

that

least."

wrecking




Coast.

Pacific

the

can be reviewed by the courts.
In the second
(affecting employees of the Consumers Power
Co. in Michigan) the court upheld the action of the Board

NLRB

project," Mr. Roosevelt concluded by saying "at the
very least it will save lives and improve health in those
parts of the Nation which need this most and can afford it
a

along

employed

the question of the Board's power to

on

orders which

substance

Provide for New Hospitals in Needy Rural Areas

inaugurate

ruling

one union as bargaining agent for the employees
large number of employers scattered over distant areas*

court

"It
President

longshoremen
not

certifications

Mr. Roosevelt

held in his honor by

broadcast at

that

hope

were

designation of a Congress of Industrial
as
the bargaining representative of

finding that the transaction

than $1,500,000 was estimated to have been

inoney

union

designate
of

Cele¬

at festivals held

The

13,000
While

Authority
surrounding the TVA

was primarily the development of
Roosevelt added that power develop¬
ment was only a part "of a great social and economic ex¬
periment in one of our major watersheds" and listed other
objectives underlying the plan.

electric

Organizations

the area

project in six Southern States into
The President,

on

petition by the American Federation of Labor to have

a

set aside the NLRB

ing

a

The

true statement of its profits and losses from time to time."
opinion explained, however, that the Commission held the view
public knowledge of the items in controversy" would result in

"if

a

corporation's business "disclosure should not be required."

r

"We

the court said,

view,"

this

with

accord

in

are

giving

"and

think it

we

For unquestionably Congress, in

correctly reflects the spirit of the Act.

registrant the right to file objection to publication and in authoriz¬

a

ing the Commission to grant or refuse the request in the exercise of a sound

the duty of considering the
danger of loss and damage and weighing it in the scale of public

him

claimed

interest."

Charles

Court Rejects A. & P. Petition for Review of

Ruling Against Alleged Violations of

United

The

Robinson-Patman Act

Supreme Court, among a number of

States

refused a petition of the
a review of a ruling
sustaining a Federal Trade Commission order requiring the
company to cease alleged violations of the Robinson-Patman
Act, prohibiting payments of allowances to buyers or sellers
except for actual services rendered, and making it illegal for
anyone to be a party to a purchase discriminating against
the competitors of the purchaser.
Following the filing of a
second request for a rehearing the Supreme Court on Jan. 29

decisions handed down on Jan. 2,

Co. for

Great Atlantic & Pacific Tea

again denied the petition.

by the

Appointed by President Roosevelt as Secretary

Edison

of

Compton Named Assistant Secretary

Navy—Lewis

appointed Charles Edison
Mr. Edison, son of the noted
inventor, the late Thomas A. Edison, had been Acting Sec¬
retary since the death last July of Secretary ClAude A.
Swanson, and prior to that had been Assistant Secretary
following his appointment to that post in November, 1936.
Mr. Edison took the oath of office as Secretary on Jan. 2.
The nomination of Mr. Edison was sent to the Senate for
confirmation on Jan. 4, where it was approved on Jan. 11.
On Jan. 25 President Roosevelt sent to the Senate the
nomination of Lewis Compton of New Jersey to be Assistant
Secretary of the Navy.
Since 1936 Mr. Compton had served
as Special Assistant to Secretary Charles Edison when Mr.
Edison was Assistant Secretary of the Navy.
President Roosevelt on Dec. 30

Secretary of the Navy.

as

United States Supreme

of the Board upon confirmation

Chairman

as

Senate.

judicial discretion, imposed on the Commission

.

1

MONTHLY REVIEW

4

D.

Under Secretary of Treasury—J. L.

W. Bell Becomes

Sullivan Is

New Assistant Secretary

United States Court at Chicago Reverses NLRB Decision

Jan. 9 an order of the National Labor
Relations Board calling upon the Inland Steel Co. to sign a
written contract with the Steel Workers' Organizing Com¬
In setting aside on

mittee, an affiliate of the Congress of Industrial Organiza¬
tions, the United States Court of Appeals at Chicago ruled
that the National Labor Relations Act does not require that

agreements .of this nature be reduced to writing.
Judge J.
Earl Major, who wrote the unanimous decision,- stated that
"this case illustrates the danger of placing in a single

the multiple duties of prosecutor, judge and execu¬

agency

rehearing.

•

United

In

advices

Press

Chicago

Jan.

on

union was indicated as saying that there was no

standards

into

U.

trial examiner of the Board two years ago.

a

of Appeals

Court

Circuit

S.

0.

I.

hearing

The decision, it is said, was based on a four-month
before

NLRB

Sustains

Requiring

Order

Republic Steel Corp. to Pay Back Wages Incident to Strike

delphia

Jan. 2 approved

on

and

of

Appeals

signed

in

.

Phila¬

decree by the

a

Board for the payment of back

Labor Relations

National

Court

Circuit

States

United

The

between 5,000 and 6,000 employees of the Republic
Steel Corp.
Some Wages were ordered paid for as far back

wages to

Although the decree did not stipulate the

1938.

Oct. 18,

as

number of workers or the total amount of back pay, it was

estimated

for 5,000 workers the total

that

would

approximate $7,500,000.

Court

Upholds

.

Employer's

wages

involved

1

Right

to

Number

Determine

of

His

Employees in Ruling Setting Aside NLRB Order Against Steel

Labor

National

Board does not have the

Relations

right to tell an employer how many employees he must hire,
the United States Circuit Court of Appeals in Philadelphia
ruled in a two-to-one decision Jan. 22, in a case involving

Drawn Steel Co.,

order of the Board against the Union

an

Beaver Falls, Pa., a subsidiary of
Board

ordered

had

claimed

of

reinstatement

the

the

dismissal

In

workers.

Federal Court at San

decision

house workers

this

same

on

the

union

the

court

the company

Upholds NLRB Rules Agricultural

Labor

National

a

the Wagner Act;
Francisco "Chronicle" of

under provisions of

come

the

in

San

Jan. 13, which further said:
In sustaining a Board order for reinstatement of
California

workers,

"When the

factory

for

Judge

product of

a

of Southern
said:
such and enters a

group

Stephens, writing the court's decision,
the soil leaves

marketing

processing and

industry.''
The

the farmer

it

has

as

entered

upon

the status

of

„

decision

was

in the

case

of the North Whittier Heights

Citrus Asso¬

ciation, charged by the Board with violation of the Wagner Act.
The

Association

contended

before

the

court

that

its

Board

were

Roosevelt
of

Reappoints Marriner S.

Governors

of Federal

Reserve

Eccles
System

as

for

Member of
Four-Year

Period—C. C. Davis Named to 14-Year Term

President

Roosevelt

on

Feb.

1

renominated

Marriner

Interior; the Senate confirmed the nomination Jan. 16.
Wirtz was named to succeed Harry J. Slattery, who has

the

Electrification

Rural

Mr.

Administrator.

Wirtz

was

President submitted

The

the nomination to

the Senate on

4.

Jan.

Francis Biddle Sworn in

as

Solicitor General

Judge Francis Biddle of the Third

Circuit Court of Ap¬

peals was sworn in as Solicitor General on Jan. 22.
The
oath was administered by
Supreme Court Justice Felix
Frankfurter in the office of the new Attorney General

Mr. Biddle succeeds.
The Presi¬
of Mr. Biddle to the Senate on
The Senate confirmed the nomination on Jan. 16.

Robert H. Jackson, whom
dent
Jan.

4.

the nomination

sent

President

Praises

Roosevelt

Accepts

Resignation

J.

E.

Davies

of Belgian

for Service in

Europe—

Envoy and Welcomes Him to

New Post in State Department

In

made

letter

a

Jan.

public

President Roosevelt

23,

formally accepted the resignation of Joseph E. Davies
Ambassador to Belgium and Minister to Luxemburg

as

to

permit him to become a special assistant to Secretary of
State Hull.
Mr. Davies had offered his resignation orally,
(effective Jan. 16), and confirmed this in a letter to the
15.
He has already assumed his new

Governors

of

the

Federal

Reserve

System

and

duties at the State Department as an

adviser on war emer¬

problems and policies.
In accepting the resignation,
the President praised Mr. Davies for his work in Brussels
and Luxemburg and also at his previous post in Moscow.
gency

H.

James

Cromwell Assumes Post

R.

as

New American Minister to

James H. R. Cromwell, the

Minister

to

reap¬

Canada,- presented

press conference at the United States Legation.
Mr.
well arrived in Ottawa on Jan. 23 and was greeted by

Mackenzie

Minister
was

John

sent

Cudahy

to

Jan. 11.

Ambassador to Belgium, Presents
King Leopold—Delivers Message from President

New

Credentials

Prime

The nomination of Mr. Crom¬
Senate by President Roosevelt on

the

to

Crom¬

King.

The Senate confirmed the nomination on

Jan. 4.

American

Roosevelt

;

United States Ambassador to Belgium,
assumed his post on Jan. 17 after having been directed on
Jan. 15 to proceed immediately to Brussels from his post in
Dublin as Minister to Ireland.
He was received by Foreign
John Cudahy, new

then presented his creden¬
It is reix>rted that Mr. Cudahy
delivered a message from President Roosevelt to the King
but the nature of the message was not disclosed.
.The
Henri Spaak and

Minister Paul

tials

to

Leopold.

King

Embassy

Brussels

at

has been under a charge

3, when Ambassador Joseph E. Davies
sailed for the United States.
Mr. Cudahy was named to his

d'affaires since Dec.

new

post by

confirmed

President Roosevelt on

the

nomination

New

S.

Eccles for another four-year term as a member of the Board
of

of the TFepartment of

Austin, Tex., as Under-Secretary

American

employees

agricultural workers and consequently not subject to provisions of the Act.
President

Jan._2 appointed Alvin J. Wirtz

,Piesident _RaQseyel.t ^pn„

of

well

Workers Are Subject to Wagner Act

sustaining

reported

was

~

newly-appointed United States
his credentials to Lord
Tweedsmuir, Governor General of Canada, at Ottawa on
Jan. 24.
After exchanging mutual felicitations with the
Governor General, Mr. Cromwell paid formal calls on the
other members of the Ottawa diplomatic corps and held a

Relations
Board ruling, the United States Circuit Court of Appeals
at San Francisco on Jan. 12 held that agricultural packing
a

Under-Secretary of the

Canada

case

based

was

the

the

Francisco

Packing House

In

.as

Interior

em¬

dismissed

a

Board's order that
withdraw recognition of two plant unions.
upheld

unanimously
.

the

that

of

activities

resigned.

Wirtz

The

Republic Steel Corp.

ployee over the company's contention that the plant staff
had been reduced generally because of economic conditions
and that the tasks had been absorbed by others; the union
had

J.

Names A.

Roosevelt

President dated Jan.

Company

The

President

general counsel of the Lower Colorado River Authority
and was a member of the Texas Senate from 1922 to 1930.

complaint

the C.

contract with

written

a

Sullivan were sent

Mr. Bell succeeds John W. Hanes,

become

unfair in its
wages, hours or working conditions.
The union's complaint
was upon the
point that the company refused to put its
labor

tary Morgenthau.

the

9

the company refused to bargain or was

that

Sullivan became Assistant
presided over by Secre¬
The nominations of Mr. Bell and Mr.
to the Senate by the President on Jan. 4.

The installations were

Secretary.

Mr.

•

from

installed as Under Secretary of the

was

Treasury on Jan. 17 and John L.

for

the Labor Board

The case was remanded to

tioner."

Bell

Daniel W.

Contract Is Not Required

Written

Steel Co. Pact—Holds

Inland

on

Jan.

Jan. 4.

The Senate

11.

York Coal Drivers' Strike Settled

Ratification by the
union

on

truck drivers

members of coal dealers' groups and
Jan. 21 of Mayor La Guardia's pro¬

on

pointed Chester C. Davis, whose term was to expire in 1944,
Governor for a full 14-year term.
Mr. Eccles was named
for the unexpired term of Mr. Davis, who resigned and was

posal for a 75c. per day wage increase brought to a close
the combined strike and lockout which started on Jan. 17.

reappointed to a new 14-year term which Mr. Eccles
unwilling to accept because of his desire to return to

yards, which normally would have been delivered.
Both committees approved the proposal of the mayor that

In a letter to Mr. Eccles explaining his
redesignate

contract, identical in all other respects with the agreement

a

then
was

private banking.

action, the President said it was his intention to




This four-day tie-up held

wages

about 250,000 tons of coal in the

be increased from $8.00 to $8.75 per day.

The new

to

have

an

demand

alone

driver,

or

in
Six

Picketing
25

Jan.

night, over a

union called

The

Union.

a

strike in

an

spent between $200,000 and $300,000 to carry on the strike.
joint union-hotel announcement said:
"The strike has
been
settled
to
everyone's satisfaction.
Picketing has

A

ceased."

Shipping Tie-Up Ends

which lasted 54 days, in the port
of San Francisco, Calif., ended Jan. 3 when ship clerks
officially called off their strike and returned to work.
The Congress of Industrial Organizations ship clerks re¬
turned to work under a truce, leaving principal issues of
the strike open for negotiation and study.
Thousands of
longshoremen and other dock workers, who were shut off
from jobs when the cargo checkers struck on Nov. 10, re¬
The tie-up of shipping,

turned to work.

of

Difficulties

various

sorts

were

—

—•

as

..

1940,
sharp
political attack, however, and the debate on the matter
unquestionably has some wholesome aspects, although a
strictly partisan view of the tariff question has unfortunate
legislation requires renewal in this election year of
the program is to remain effective.
It is under

if

The European conflict naturally has

effectiveness of some important

modified the

treaty arrangements negoti¬

Mr. Hull, and the simple disappearance of countries
Czechoslovakia brings still other problems to bear.

ated by

like
Most

significant of all,

perhaps, was a collapse early in

January of the negotiations with the Argentine

and Uru¬

for fresh reciprocal tariff accords.
A joint statement by the United States and Argentine Gov¬
ernments, issued on Jan. 8, confirmed rumors that the
efforts had been abandoned, and the document also threw
some interesting light on the course of the discussions.
It
was admitted, immediately thereafter, that the treaty nego¬
tiations with Uruguay also had been discontinued.
Strangely enough, the collapse of the United States-Argen¬
tine negotiations resulted in part from the insistence by
the United States Government upon quotas for the importa¬
tion of Argentine linseed, canned beef and other products
Governments

guayan

of

like nature.

a

No

one

has

thundered louder and longer

of import control than Secretary
Hull, but it appeared that he was willing to try even such
expedients in order to win an accord with Argentina that
would not offendhour own agricultural producers too greatly
in an election year.
But Argentina, quite understandably,
against

quota

systems

found the United States concessions too meager as a return
for

the

concessions

of that country.
The trade
Uruguay were said to have col¬
lapsed on the same general grounds, which come down in
the end to the similarity in many respects of the export
required

negotiations with

treaty

trade of the two Latin American countries and the United

States.

Washington

statements

made

it

clear,

however,

that all negotiations were conducted in a most friendly and
cordial
The

atmosphere.
joint statement by the Argentine and United States

Governments

made

it

clear

that

general

for the defense of

texts

as

"peace

a

welfare

bloc,"

since

this label

covers

"every right-

thinking man, woman and child within it."
The President
scoffed at any fears that American youths will be sent to
the battlefields of Europe.
He indicated, however, that the

January in the continuance and enlargement of the tariff
policy pursued by Secretary of State Cordell Hull through
his numerous reciprocal trade agreements.
The enabling

angles.

chiefly

events

and domestic tranquility."
As in
previous comments on the war developments, Mr. Roosevelt
insisted that there is no such a thing in the United States
"our

during

encountered

The appropriateness

these

utilized

!
Reciprocal Trade'Agreements

|

requirements

with which country London is

policy problems in general, on Jan. 3, when he delivered his
annual message to Congress on the State of the Union.
Although much of the speech vwas concerned with world
affairs and the effects of the European war, the President

.

San Francisco

Turkey,

diplomatic and trade
of American objections to
the British course of procedure seems open to question, since
the London Government is purchasing in the United States
vast amounts of airplanes and similar materials. The RussoFinnish conflict and the obvious desire of American citi¬
zens to aid Finland, in any reasonable manner, also added
to the neutrality problems of the United States Government.
President
Roosevelt
discussed neutrality and foreign

effort to obtain a $28 a month increase
for workers in the hotel.
It is estimated that the union
Jaunary, 1934, in

from

met

relations.

constantly, day and
period of nearly six years by Local 134 of the
having been carried on

Workers

Electrical

be

endeavoring to enter into ever closer

ceased

Beach Hotel

Edgewater

Chicago's

of

after

will

tobacco will be placed by the

of the war, and that

British for the duration

Hotel Ended

Years of Picketing of Chicago

British practices of con¬

of aid
caused
representations, for it appeared that no

further orders for American

The

altogether

anxiety and

some

75c. a day and $4.50 a week provided in the Mayor's
union's plea for additional employment was discarded
the tentative settlement.

week, against the
proposal.

developed with respect to

trolling sea-borne bommeree that might possibly be
to Germany.
The British control of imports also

hour to $1.20 and

seeking to raise wages from $1 an

"co-pilot," assigned to every truck.
The wage
would have entailed an increase of $1.60 a day or $9.60 a

extra

involvement in

cussions

Jan. 21, it was stated:
The union* had been

leading to diplomatic disputes and possibly
the European conflicts.
Some tart dis¬

vent incidents

with the wage
York 'Times,"

that expired Dec. 31, will run for three years,
increase retroactive to Jan. 1.
In the New

to

5

MONTHLY REVIEW

Feb., 1940]

the

United States may well as- a "potent-and-

active~factof in'

the reestablishment of world peace."
In looking
ahead, Americans were urged by the 'President to avoid the
reputed tendency of the ostrich to bury its head in the sand.
More pertinent than any of the comments made in the
annual message with respect to foreign affairs was a devel¬
seeking

oping tartness in diplomatic exchanges between Washing¬
ton and London, regarding interferences by Great Britain
American

with

Washington
to

London

on

the

on

It was announced in
made
question of mails, and lists were pub¬

shipping and mails.

Jan. 2 that a formal protest had been

than 1,700
for examina¬
tion.
In the American note it was admitted readily that
Great Britain has the right to act with respect to mails
destined
for the United Kingdom,
or
normally moving
lished at the same time indicating that no less

sacks of mail had been seized by Great Britain

But the right was denied of British
mails on American or other

through British hands.
interference

with

neutral vessels
at

the high seas, and conventions agreed to

Hague were cited in support of this view.

The

tion

on

American

Objec¬

expressed particularly to the British practice of

was

forcing American ships to call at designated British ports,
notwithstanding the illegality of such calls under our neu¬
It appeared, subsequently, that this American

trality laws.

protest had been sent to London on

Dec. 23, 1939, and a

received in mid-January and published on
Jan. 21.
Great Britain rejected the protest against removal
and censorship of American mails on the alleged ground
that an organized traffic exists in contraband between Ger¬
man sympathizers in the United States and the Reich.
The
British Ministry of Economic Warfare attempted to justify
the seizures by declaring, on Jan. 24, that large sums of
money and other contraband had been taken during exami¬
nations of some 25,000 parcel post packages from the Amer¬
icas, in a period of three months. This controversy caused
additionally bitter public discussion when, on Jan. 21, it
appeared that British authorities even were interfering with
the small amount of mail carried on aerial clippers to
European neutral countries. The threat was made in Wash¬
ington that Bermuda, where the interference was taking
place, would be omitted as a port of call for the clippers.
British reply was

British

detentions

of

American

merchant

vessels

were

the

subject of another exchange of communications between
Washington and London.
The United States Government

Washington demand
importations of certain products had occa¬
sioned the failure of the discussions.
"In effect," the state¬
ment said, "the Argentine Government, on the one hand,

protested sharply, in a note published on Jan. 22, against
alleged discriminatory treatment of vessels of different

has not been able to admit that concessions to be obtained

pointed out, were detained during

for

quotas

from

the

on

United: States

for

their

typical

regular

export

products to that country, such as linseed and canned beef,
among others, should be restricted through acceptance of a
system

of

customs quotas which

would tend

to limit

the

nationalities, especially at Gibraltar.
average
more

delayed correspondingly, and the whole procedure was
by the State Department "wholly unwarranted."
Secretary Hull was reported on Jan. 22 to have conferred
were

on

Lothian.

to

the

compatible with
of
the

the

adoption of commitments considered in¬

an

currency.

adequate financial policy and of defense
On the other hand, the Government of

United

States, in accordance with its policy as invari¬
ably applied in the 22 agreements already negotiated, of not
exposing domestic producers to material injury in the
process of promoting healthy international trade through
reciprocal concession, has felt obliged to insist on limita¬
tions of the kind referred to above with respect to certain
commodities.
This divergence between the two governments

is recognized by both in the same frank and

friendly spirit

which has characterized the whole negotiations."

•

it

matters

with

the

British

Ambassador,

Lord

Soon thereafter London and othei$ reports made
that Great Britain would reconsider some of the
and lighten their effect upon the United States.
Neville Chamberlain endeavored to allay

Minister

the ruffled feelings of the United States and other neutrals,
Jan. 31, in a London address which pleaded for understand¬

ing of the British position.
that
not

British

measures

in

resulted

the

may

loss

of

Mr. Chamberlain pointed out
cause

inconvenience, but have

single

neutral ship or the
single neutral life, whereas Great Britain's
enemy is "callous to the ordinary dictates of humanity."
The British spokesman urged neutrals to look at
delays
sacrifice

in
of




clear

Prime

Neutrality problems of the United*States tended to multi¬
ply in January, notwithstanding the amended neutrality
statute which presumably was designed to mitigate or
pre¬

these

measures

American Neutrality

-

of four days, whereas American ships were held'
the average. Official American mails

called

to

accede

Italian ships, it was
stated period for an

than 12 days on

possibility of expanding its shipments of the said products
At the same time it has not been possible

to that country.

a

of

a

a

shipping and the dislocation of trade through the eyes
a country fighting for its life and for ideals to which

the neutrals themselves subscribe.
to diminish in

These problems appeared
importance toward the end of January.
*

6

MONTHLY REVIEW

Of extraordinary interest were moves in

Washington with

respect to'the undeclared Itusso-Finnish war which aroused
national

a

debate.

Soon

after

the

Russians

started

their

invasion of

Finland, President Roosevelt suggested that the
intergovernmental debt instalment paid by the small country
011
Dec. 15, 1939, be placed in a special Treasury account
pending whatever disposition Congress might want to make
of

the

Finland also received

sum.

States

of

credit

a

in the United

Senate and House
leaders, 011 Jan, 16, Mr. Roosevelt urged Congress to en¬
large the revolving fund of the Export-Import Bank in
accordance with his previous suggestions for such authority.
This reference by the President apparently was to his pro¬
$10,000,000.

I11

a

letter

to

destroyed at Helgoland, and it was added that most of the
had been rescued.
Great Britain announced on Jan. 21

men

that

the

mine

or

81

of

loss

Grenville,

destroyer

1,485

of

24 it

Jan.

On

men.

had struck a
North Sea, with a

tons,

struck by a torpedo in the

been

further indicated that

was

destroyer Exmouth. of 1,475 tons, had been given up as
lost with her entire crew of approximately 175 men.
On
the

several

giant Nazi bombing airplanes raided the
Scotland, some of the aircraft

occasions

Coast of England and

East

raking trawlers and merchant ships with machine-gun fire,
and

sinking

Misty days usually were

few with bombs.

a

Germans lost compara¬

selected for such activities, and the

tively

few

The

war

of

machines.

and

men

propaganda was earned on with unflagging

posal of last summer for lending and spending authoriza¬
$3,860,000,000, which Congress rejected. Mr. Roose¬

intensity, but the actual circumstances of the conflict were

velt mentioned that the December debt payment by Finland

not

entirely

had

and

of gratuitous

tions of

special Treasury account, and he
remarked on the great desire prevalent in the United States
to help the small country to "finance the purchase of agri¬
cultural surpluses and manufactured goods, not including
implements of war."
Prompt and determined opposition
to this proposal was evoked, and at the end of January the
Congress had taken no action along the lines suggested by
been

placed

the President.
nents of the

in

a

The argument was advanced by some oppo¬

suggestion that our neutrality might easily be

interest

The

Secretary
for this

reason

vituperation

advice to neutral nations.
Of particular
the enforced resignation 011 Jan. 5 of the

was

British

outpourings of

the

by

obscured

although debate

of State for War, Leslie Hore-Belisha.
resignation has not yet been made clear,

scheduled for a time in order to clarify

was

Oliver

incident, which raised a huge outcry in England.

the

selected to succeed Mr. Hore-Belisha, and some
changes also were made in the British censor's office.
The
Stanley

was

that Mr. Hore-Belisha

belief of the moment

popular

was
serious difficulties

encountered

with the British

Gen¬

compromised, and it also was stated that "charity begins

had

at home."

Prime Minister Neville Chamberlain
had intervened personally to settle the dispute in the man¬
ner
indicated.
But military and diplomatic experts gen¬
erally hold that this explanation does not suffice.
eral

American Security Zone

•

.«<.

International

the question of the so¬

correspondence on

-called- Security

Zone

the

of

Americas_ tended, in January,

relegate that proposal to the realm "of Tost causes.

to

nounced
Oct.

on

3, this

Conference

Panama

the

at

zone

of

American

An¬
States,

proposed an area of 300 miles to sea¬

ward, on the average, in which belligerents were to avoid
conflict.
The incident of the fight off Montevideo between
the German

pocket-battleship Admiral Graf Spee and three
British cruisers obviously violated the zone, and occasioned
Dec. 23, 1939.
To this representation the British Government replied on
Jan. 16^ and France followed on Jan. 23.
The communica¬
by all the American republics

protest

a

tions

on

alike and they

rejected the unilateral declaration
Security Zone politely but firmly.
The French note
obviously was patterned after the British reply, which noted
with approval that the Panama declaration itself called
for the consent of the belligerents in meeting the stipula¬
tions.
Sympathy was expressed with the desire of the
American republics to keep the war far from the shores of
the Western Hemisphere, but agreement would require cer¬
tain preliminaries, it was pointed out.
Among these, the
notes said, are assurances that German warships would not
were

of the

thus ibe accorded

could

a

vast

sanctuary from which they might

and attack Allied shipping, or through which they

emerge

and

pass

earn

foreign

problem

The

exchange.

of

German

ships now tied up in ports of the Americas was
mentioned, and the policing of the vast area also was dis¬
cussed.

The

tendency at Washington, where the proposal

is believed to have

originated, was to forget the whole mat¬
on this problem of

ter, after the British and French views

international law and relations were aired.
Western

Warfare

between the Anglo-French

Allies and Nazi Ger¬

continued for its fifth month, in January, with
position completely unchanged on the Western Front,
and all activities of genuine significance confined to aerial
conflicts.

Bitterly

weather and

cold

occasional

snowstorms apparently

of fighting men on

only in

the

added to the troubles of the millions
the Franco-German border, who fought

ventured out and
that artillery engagements took place.
When the weather
ameliorated, to a degree, some aerial "dog-fights" occurred
over the Maginot and Limes lines.
Airplane scouts pene¬
trated deep into the respective enemy territories and took
photographs.
But there were no major military moves.
The fear again flared for a while, in mid-January, that
German troops will be sent marching against Holland or
Belgium, in an attempt to outflank the opposing forces
across

Franco-German

the

produced

scouting parties

that

sense

But

border.

mitted,

even

likelihood

this

"war-scare"

actual developments, despite extensive mobiliza¬

no

tion of Netherlands and Belgian troops.
of

neighboring

in

London

and

a

German

offensive

neutrals,

at

Paris,

least

It finally was ad¬

that there is no real
France or the

against

until

spring

thaws

clear

Aerial

this

was

and

sea

warfare

continued

throughout

January,

modified only when weather conditions made even

sort

Allied

and

of

fighting

difficult.

Submarine

sinkings

of

neutral

ships were reported almost daily, but
scale that would hardly exhaust the carrying capacity

on

a

in

any

Allies.

manner

German

suggestive

of a dangerous threat to the
magnetic mines accounted for' a number

of merchant ships, and possibly also for some naval vessels.

The

a

London

Government

makes

known

whereas the Nazis neglect to do so.

its

naval

Year's

New

and

in progress in Europe.

now

Hitler, issued
the German soldiers

Chancellor Adolf

to

message

I11

people.

war

leader,

encourage

surprise speech on Jan. 30 Herr Hitler
seventh year of dicta¬

a

commemorated the completion of his

He insisted, as on so many previous

torship in the Reich.

occasions,
have-not

since they want it.

war,

inclusion

the

have and
will have
Unusual in the address was only

that the conflict is a war between
nations, and declared that the Allies
France

of

Hitler's

Herr

in

declaration

of

enmity, the French Government having been treated ten¬
derly in previous utterances.
The address, in other respects,
little

had

importance and plainly

intended for home

was

consumption.
the Allied side

On

Premier

in

soldiers

that

New

a

Allies

the

a

number of declarations

Daladier

Edouard

made.

were

people and

French

greeted the

Year's Day

proclamation which asserted

to banish force from
M. Daladier returned to this theme of Jan. 29,
that Nazi Germany not only aims to con¬
quer, but also to destroy the political and economic exist¬
ence, the history and the culture, of peoples brought under
its subjection.
Prime Minister Chamberlain spoke in Lon¬
don on several occasions, and First Lord of the Admiralty

fighting merely

are

Europe.
when

stated

he

Churchill also delivered himself of addresses

Winston

It

and then.
of

some

was

the

made

impressions

Jan.

on

the

Churchill,

whose

the Allied side appar¬

The Prime Minister de¬

Britain

Great

that

of

"annihilation"

9

Mr.

by

anxieties to involve neutral nations

on

now

for Mr. Chamberlain to correct

necessary

does

not

aim at

the

German

people, but he warned the
Reich populace that prolongation of the conflict is their
responsibility, as well as that of the tyrants who rule them.
BotlUBi'itish and French spokesmen touched on the RussoFinnish
tended
each

in

war

a

manner

Finland, but there

conflict

in

its

indicate that aid

to

was

separate

will be ex¬

apparently a desire to keep
realm and prevent the fire

from

spreading needlessly.
Neutral nations were confronted,

invitation

First

from

Churchill

to

Lord

the

conflict.

join

make common

of

on

the

Jan. 20, by an open

Admiralty

Winston

He urged the neutrals

to

against "aggression and wrong."
This
invitation was declined sharply and without thanks by all
the smaller neutrals in the war area, and London official
cause

circles thereafter suggested that the address by Mr. Church¬
ill

represented merely his

tute

a

policy

returned

to

of

his

that the Allies

own

British

the

views

and did not

Government.

speech-making

soon

on

Jan.

consti¬

Mr.

Churchill

27 and

predicted

will wrest the initiative from the Reich.

Hecklers interrupted Mr. Churchill on this occasion.
Prime
Minister Chamberlain made a further address on Jan. 31,
in

which

he

endeavored

intentions.

to

allay neutral

anxieties

as

to

The British

struggle, according to the
Prime Minister, is being waged not only on Great Britain's
behalf, but also in the defense of other nations against
Nazi

aggression.
But it is for the neutrals to decide, he
admitted, whether they shall enter the war or remain aloof.
Whatever their decisions, the neutrals should remember,
Mr. Chamberlain added, that British maneuvers may cause
inconvenience but have not resulted in losses of neutral lives

or

ships.
Russo-Finnish

losses,

Possibly for this rea¬
son, the British losses again seemed to be relatively heavy
in January.
The British Admiralty announced, on Jan. 16,
that three British submarines had been lost while engaged
in peculiarly hazardous service.
The vessels, all of small
types, were the Seahorse, Undine and Starfish.
Two of
these ships were announced by the Germans as having been




Nazi

-made-in---profusion-by"alLthe

were

major

the

in

German

The

British

the way.
and

statements

contestants

clared

the

sea

—Bellicose

ently embarrassed Mr. Chamberlain.

Europe

many was

and

Staff, and that

War

In the most bitterly cold weather experienced in northern

Europe in
tinued

Nov.

in

30,

some

60 years, Russian and Finnish troops con¬

January

when

the

the epic struggle
Kremlin began its

which

began

unprovoked

last

attack

against the people of the small country.
With great per¬
sistence, Russian forces were sent against the defenses of
the

Mannerheim line,

on

the Karelian isthmus, and west-

w

ward against the natural barriers
the

determination

dogged

every attempt of the
The battlefront appeared

defeated

and

invaders to overwhelm the land..
to shift

of Finland's "waist" and

But the Finns resisted with

northerly sections.

more

Reports indicated, at

rapidly throughout January.

times, that the heaviest Russian attacks were being

directed

against the Mannerheim fortifications, while at other times
the invaders were beaten back from their advanced positions

Arctic Circle.
Most of
the reports of the fighting emanated from Helsinki, which
may account in part for the repeated statements of Fin¬
nish successes.
The fact remains, however, that Russian
forces still were battling desperately at the end of two
months to make an impression upon the defenses of little
Finland.
In itself, this constitutes one of the major devel¬
opments of the European scene, as it suggests a vast over¬
rating of Russian strength.
As the war continued and the
Finns made good their amazing defense, European diplo¬
matic alignments began to shift, with Russia a much less
important factor than before the attack on Finland took
place.
There are, on the other hand, a number of disturbing
aspects to the Russo-Finnish war, such as the enormous
disparity in population and military strength.
These fac¬
tors occasion misgivings as to the outcome of the conflict.
The Russian air force remained in almost complete control
of the air during January and rained bombs almost at will
upon scores of Finnish cities and towns.
The destruction of
buildings, homes and hospitals was far greater than any
loss of life, but it would seem that the Finns suffered
-additienallyr especially in view of the .fearful cold, ami
heavy snow.. The Finns managed t'o send a few airplanes
at times against Russian naval or aerial bases, but they
lacked the equipment for extensive maneuvers of this sort.
Aid reached the country

in various forms, including enlist¬

Some

Swedish, Norwegian and other volunteers.

airplanes were sent to Finland, it was intimated, by British
and French authorities.
Really adequate assistance is an¬
other matter,

Government was reported on Jan. 29 to have

The German

made

representations at" the Vatican against radio

formal

charges of German persecution of priests and
the occupied region.
Church sources also indi¬
cated that conditions are better in Russian-occupied Poland
other

and

civilians in

German-occupied region, although disturbances

in the

than

were common.

European Neutrals

Neutral countries of Europe found

north of Lake Ladoga, or near the

ments of

7

MONTHLY EEYIEW

Feb., 1940]

their difficulties multi¬

plied in January as a consequence of the Russian invasion
of Finland and the economic nature of the great war be¬
Germany and the Anglo-French Allies.
Scandinavia
what aid it could to Finland, without incurring

tween

extended

too immediately the risk of involvement.

conjecture,

There was much
possible aims of the

regarding

nevertheless,

Soviet to establish bases

on

the Atlantic as part of the terri¬

torial

expansionism which took such vigorous strides in
Moscow when Germany invaded Poland.
To the south¬

ward, in the Balkan States, the tug-of-war was heavy and
continuous.
Germany exerted tremendous
pressure
for
large oil, grain and other supplies from Rumania, and also
endeavored to increase the business of the Reich with other
countries

on

wells

largely in the hands of British and other foreign

are

the Balkan

companies, which objected to
and

But the Rumanian oil

peninsula.

of the oil for the Reich,

use

representations are understood to have been made
by the British Foreign Office.
There were indications that
some

London tried to
which

buy up in .the Balkans some of the supplies
would go to the Reich, and the German

otherwise

Government

endeavored

to counter such pressure
by_ any_
in-dannary 'ltWvas'Teiwfted that"
German troops had arrived on the former Polish-Rumanian

hand;--—Hate

at,

means

border, ostensibly to patrol the rail link through
controlled (Poland.

Russian-

The Balkan countries pursued

through¬
policy designed to keep them out of the conflict, and
none was drawn in in January.
Holland and Belgium ex¬
perienced war scares in mid-January but were not invaded
by either belligerent.
out

a

and one on which the Finns apparently will

Far East
•

be able to rely in

not

matter of weeks.
There was end¬
less debate in Washington on the question of loans to Fin¬
a

congressional committees were not inclined to
It would appear that the Finnish defense

land,

but

hasty

action.

capacity is being strained, and no doubt was left of the
desire of that small country for peace.
President Kyosti
Kallio

appealed to Russia on Feb. 1 for an "honorable
that the "barbaric, senseless attack" might end.
No notice was taken of this appeal by the Kremlin, which
sent ever greater masses of Red troops into the fray.

peace"

so

Information
late

Poland.

in

'of

authoritative nature

an

was

January as to conditions in

Although the reports

may

made

avail¬

German-occupied

be somewhat distorted

by propagandists tendencies, there is no reason to doubt
their essential accuracy, even though they indicate a cal¬
lous

disregard for the Polish population which

war-time pressure

who

taries

information

hardly seems to justify.

formerly

were

available

cerned the heavy

stationed

in
Much

Rome.

at

the

worst

Catholic digni¬

Poland

made

of

data

the

the
con¬

punishments and occasional deaths visited

the priests who ministered to the stricken population,
expropriations of Church lands and edifices.
Also clearly indicated in these documents were practices by
upon

and the endless

German Nazi conquerors of

the

the country which appear
to reflect an intention to sweep almost all Poles out of the
areas which the Nazis intend to incorporate in their Reich.
From

such

municipalities

Poznan

as

the

native

Polish

the area around Warsaw in sealed
terribly overcrowded, from which the survivors
emerged enfeebled, leaving many dead behind.
"The popu¬
lation is being torn from the countryside," according to a
statement made Jan. 29 by August Cardinal Hlond.
"Only
people
trains,

a

sent

were

to

part of the agricultural workers and skilled laborers

left

behind, because they

are

needed.

are

The old and infirm

left, too, as not worth bothering about."
The state¬
ment by the venerable Church dignitary was too detailed
are

voluminous

and

exercised

in

its

The incident

to

admit

of

questioning

as

to

the

care

Nazi declarations that the

Polish population

of some parts of the country would, in¬
deed, be transferred to what even the Nazis must admit is
purely
from

Polish

the

territory.

German

populations

repatriated

Baltic States apparently are to be settled in

the

formerly Polish areas contiguous to the Reich, and the new
German Province already has been named West Prussia.
The indicated boundary, according to some reports, follows
closely that of the German Reich in the days before the
World War adjustments.
Berlin dispatches confirmed that
some

high-ranking dignitaries of the Church had been shot

for

"political activity."
The Nazis admitted that they are
taking a "firm stand," and it was alleged that some of

the

the United

became

Japanese

in their domiciles and incited the population to resist¬

against the conquerors. A denial was made, however,
of the charges that Catholics are being persecuted or the
ance

shut.
American press correspondents in Berlin
declared that they had attempted time and again, without
success, to obtain permissioh for visits to conquered Poland,

churches

it

thus

appears

that the statements

issued

at

Rome

provide the first authoritative glimpse into conditions there.




more

trade

on

•

Jan. 26 of the United States-

which regulated

treaty

of the two countries

•; ;/

States is concerned, affairs of the
troublesome and disconcerting in

January, owing to lapse

since 1911.

business

relations

Notification of the treaty

lapse was provided by the United States Government last
July 26, apparently in the belief that the measure might
influence

Japan

take a more reasonable attitude with
It became fairly clear, however, that the

to

respect to China.

Japanese

are

them

not

likely

in

any

to

way

permit

United

the

States

td

whatever, unless it be toward
The American treaty denuncia¬

bitter and lasting enmity.
tion accords with President Roosevelt's statement of
early
1939 that in the field of foreign policy he favors "measures
of

short

but stronger and

war,

effective

more

than

mere

words."

The danger began to be recognized in
January by
commentators on international affairs that
pressure

most

of

the sort exemplified by the step taken with
respect to
Japan constitutes a long stride on the road to war.
The
actual conflict being waged by Japan
against China did not
vary from previous weeks and months.
The invaders merely
continued their endeavors to occupy and control the vast

of China taken in the

area

There

the

however,

were,

general

sphere

of

course

of their

military advance.

repercussions of
international

various

relations.

sorts

in

Japanese

authorities

purchased in the United States, in the weeks
before the treaty expired, vast amounts of
gasoline, copper
and other basic war materials.
They endeavored also to
allay what they thought were the reasons for the American
apprehensions that led to the treaty denunciation.
Tenta¬
tive

offers

were

made

for

the

reopening

Yangtze to traffic of other countries.
that

this

made

faintest

no

of

When

impression

the

lower

it

appeared
the United

upon
States the Japanese Cabinet headed
by Premier Nobuyuki
Abe found it necessary to resign on Jan. 14.
A new regime

quickly
chose

was

formed

Hachiro

declaration,
on

legitimate

by

Premier

Admiral

as

Arita

his

Mitsumasa

Foreign

Yonai,

Minister.

In

who

policy

Yonai

1

that

and
Foreign Minister Arita
Japan does not aim to destroy "the

rights

and

interests

Feb.

of

the

United

States

and

other Third Powers in China."
But such assurances have
been extended endlessly ever since the
Japanese occupation
of China was initiated in 1931, and

experiences

chukuo

suggest

in

Man-

that

they mean nothing whatever.
It is
apparently realized in Japan that the United States
might
strike a severe blow at the Island
Empire, and inquiries
were made
by the Japanese Ambassador at the State De¬
partment as to trade relations after expiration of the trade
treaty.
Such relations will -continue, it was
indicated, on
the former basis, but
entirely on a day-to-day foundation.
Japan made efforts to settle its border disputes with Rus¬
sia, but did not succeed.

priests subjected to persecution and execution harbored

arms

and

East

stated

preparation.
recalled German

Far

as

influence

Poland

able

So far

Steel

Hie steel
nounced

Trade—Non-Ferrous Metals

trade further

lower

prices

curtailed

its

operations and

an¬

for

steel scrap metal.
Non-ferrous
metals show marked weakness.
The "Iron Age" in its issue
of Jan. 25 stated, in part:
"Current

sustained by backlog

production is largely

tonnage carried

over

from the fourth

quarter, but this is rapidly diminishing.
In some products,
notably plates and shapes, it has declined to the
point
that prompt shipments are available from
a
good many

MONTHLY REVIEW

8

deliveries continue to shorten
four weeks. While
there has been a seasonal slowing down in consumption of
steel by some industries, including the fabrication of struc¬
tural steel, the automobile industry, barrel and drtum manu¬
facturers, and tin can manufacturers, there is, on the other
hand, steady use by the railroads and railroad equipment
builders, the farm implement and tractor industries, ship¬
builders
and
miscellaneous
manufacturers.
Automobile
On

mills.

other

products

and in most cases do

not exceed three or

parts makers are curtailing production in anticipation of a
reduced volume of assemblies, but the automobile companies

indications that they will be in the market in
February in preparation for spring manufacturing activity.
Railroad buying programs for 1940 have not been com¬

have given

formulated and are dependent to some extent on
Current orders are relatively small."
The

pletely

traffic trends.

publication on Feb. 1 said, in part: "While January
period of slow pick-up, the situation has been
affected this year by the heavy production of the fourth
quarter and widespread cold weather and snow, which have
delayed the placing of orders for spring activity.
Consid¬
ering these retarding factors, some steel companies derive
a degree of satisfaction from a steady flow of orders, even
though the aggregate volume is. not increasing and averages
not more than 50% of shipments.
In nearly all major pro¬
ducing districts there have been declines in the. ingot pro¬
duction rate, which are only partly offset by
moderate
increases in the Cleveland-Lorain and Detroit areas.
The
same

Prime Western division

for the week ended Jan. 27 by the

of zinc, as against 5,436 tons in the
previous week, 5,008 tons in the week ended Jan. 13, 3,066
tons in the week ended Jan. 6, and 4,844 tons in the week
ended Dec. 30.
Undelivered contracts at Jan. 27 totaled
totaled

5,725 tons

37,703 tons of zinc, as against 51,725 tons at Dec.

30, 1939.

quotation for zinc was reduced on Jan. 22 from 6.14c.
to 5.89c., New York.
United States deliveries of tin during
the month of January totaled 9,780 long tons, against 11,366
in December, and 7,870 tons in November, while tin-plate
The

operations at the close of January were at the rate of 65%
of capacity, as compared with 70% earlier in the same
month.
The price of tin, after dropping from 48.75c. on
Jan. 1 to 45.00c. on Jan. 23, Recovered part of its loss
the

during

and was 45.75c. on
at the close of De¬

the month

of

remainder

which compares with 49.50c.
cember, 1939.
<
Jan.

31,

.

is normally a

Y

;*

.

,

Lumber Movement

According
turers

to reports

Association from

to the National Lumber Manufac¬
regional associations covering the

operations of representative hardwood and softwood mills,
production for the four weeks ended Jan. 27, 1940, was 6%
above the corresponding period of 1939; shipments were

0.3% below the shipments, and new orders were 8% above
the new business of the 1939 period.
For the four weeks
of 1940 new business was 14% above, and shipments were
3% above production.
The ratio of unfilled orders to gross stocks was 21% on
highest operating rate in the country is at Detroit, which
Jan. 27. 1940. compared_with~17%„jr_^
has advanceci-ta~98 %, while--the -Bir.mingha-m^ rate -r^nainsorders were 19% heavier than at the same time last year';
steady at 94%, and the Chicago district, though below the
gross stocks were 5% less.
rate for the last week, is at 85%%; the Pittsburgh district
In the week ended Jan. 27, 1940, a total of 520 mills
is down to 73%, and Youngstown is at 62%.
Merchant pig
produced 177,252,000 feet of softwoods and hardwoods com¬
iron business is slowing down along with steel, and in one
bined; shipped 188,574,000 feet, and booked orders of 207,important district January shipments were 30% below those
662,000 feet.
Compared with the corresponding week of
of December,
A more sharply competitive situation in fab¬
1939, production was 2% less; shipments, 8% less, and
ricated structural steel and reinforcing bars, brought about
new
business 4% greater.
Revised figures for the five
by the midwinter dearth of new construction projects, is
preceding weeks follow;
accompanied by price concessions in soone districts, the sit¬
uation on the Pacific Coast being particularly weak." Steel
Orders Received
Production
No. of
Shipments
.

quotations were lower in nearly all districts, result¬

scrap

ing in further declines in the "Iron Age" steel scrap com¬

posite price on Jan. 23 from $17.67 to

$17.54

a

gross ton,

$17.33, which compares with $14.87% in
effect at the close of January, 1939.
No change was re¬
corded in the "Iron Age" composite prices of finished steel
and pig iron, which remained at 2.261c. a pound and $22.61
a gross ton, respectively, as against 2.286c. for finished steel
and $20.61 for pig iron a year previous.
The operating rate of steel companies having approxi¬
mately 97% of the steel capacity of the industry, according
and

to

Jan. 30 to

on

American

the

Iron

and

Steel

Institute,

was

scheduled

77.3% for the week beginning Jan. 29, 1940, the lowest
rate since the week of Sept. 11, 1939 (with the exception
of the holiday week beginning Dec. 25, 1939), and com¬

at

82.2% for the week beginning Jan. 22, 1940;
84.8% for the preceding seven-day period; 86.1% for the
week beginning Jan. 8, 1940, and 85.7% for the week be¬
ginning Jan. 1, 1940.
At the close of January, 1939, opera¬
tions were reported to be at the rate of approximately
52.8% of capacity; in the last week of January, 1938, at
30.5%, and in the like weeks of 1937, 1936 and 1935, the
rates were 79.6%, 49.4% and 52.5%, respectively.
with

pares

As

to

non-ferrous metals,

"Metal and Mineral Markets"

reported during the month in substance as follows:
ness

developed in the domestic

copper

Weak¬

market during the

latter part of January, influenced, in part, by a continued
lack of buying interest by consumers, plus an extremely
dull market for export copper.
Fabricators are busy re¬

ducing their inventories, but since new business has not
developed they are cautious in acquiring additional
Producers believe, however, that in some directions
consumers have permitted their inventories to reach a low
level.
Domestic copper sales totaled 2,994 tons in the week
ended Jan. 30, as against 4,390 tons in the preceding week,
8,103 tons in the week ended Jan. 16, 5,060 tons in the
week ended Jan. 9, and 5,616 tons in the week ended Jan. 2.
yet

metal.

Sales of copper in the domestic market amounted to 23,549
tons for the month to Jan. 30, as compared with 29,592 tons

ing the last
reason

week

of

the

month

was

given

as

the

chief

for the unexpected weakness in

ducing their purchases to

a

lead, consumers re¬
minimum, and sales during

the week ended Jan. 31 amounting to 1,580
tons,

as against
3,315 tons in the preceding seven-day period, 4,674 tons in
the week ended Jan. 17, 4,436 tons in the week ended
Jan. 10, and 5,020 tons in the week ended Jan. 3.
Effective
Jan. 29, the price of lead was lowered
one-quarter cent,

establishing the market at 5.25c., New York, and 5.10c., St.
Louis, or to the same price that was in effect on Sept. 6,
1939.
Though shipments to consumers during the month
large, buying of zinc was inactive, sales of common
grades for the week ended Jan. 27 totaling 1,004 tons, as
compared with 1,235 tons in the preceding week, 677 tons
in the week ended Jan. 13, 2,698 tons in the "week ended
Jan. 6, and 3,448 tons in the week ended Dec. 30.
Shipments

were




{Feet

(Feet

CFeet

518

196,233,000
197,198,000
165,959,000
134,764,000
204,092,000

200,665,000
194,550,000
174,998.000
168,647,000
194,967,000

229,586.000
218,541,000

516

Jan.j

510

6, 1940
Dec.-30, 1939Dec. 23, 1939

In

the

484
510

week

stood at 70%

ended

Jan.

27,

1940,

192,125,000
172,473,000
199,548,000

the lumber industry

of the seasonal weekly average of 1929 pro¬

duction and 70%

of average 1929 shipments.

Hides, Leather and Footwear

The First National Bank of Boston, in its

"New England

Letter," under date of Jan. 31, discusses these markets as
follows:
"The spring shoe season

is getting under way slowly and
expected to be moderately
below a year ago.
Factory operations in recent months
have held up better than seasonally under the impetus of
rising costs, and 419,000,000 pairs are estimated to have
output for the first quarter is

been

produced in 1939, a new record.
Indications are that
accumulation of shoes may have taken place in dis¬
tributive channels, and this, together with the early Easter
and the absence of an outstanding style feature, has tended
to restrict orders for spring.
Manufacturers' prices accord¬
ingly have failed to show advances commensurate with the
some

rise of leather and labor costs.

"Tanners report a quiet volume

of new business at soften¬
Deliveries of staple leathers continue fairly
active, but some increase in inventories is taking place due
to the maintenance of tanning operations close to the high
level of last fall.
The time for placing additional business
for spring is drawing to a close, and some improvement in

ing

prices.

retail

shoe sales

is needed

to

stimulate

the leather

trade.

"Spot hide prices have lost about one-half the" gain of

September.

The

heavy imports,
contributed to

quality of winter hides, continued
disappointing call for leather have

poorer

and
the

a

downward

market only after prices had

trend.

Tanners

entered

the

declined."

Coffee

in the month of

December, 1939, and 15,399 tons in January,
1939.
Effective Jan. 18, quotations for copper were lowered
from 12.50c., Valley, to 12.25c. (the first
price movement
since early October) ; on Jan. 22 to
12.00c., and on Jan. 26
to 11.62%c.
The unsettlement in both copper and zinc dur¬

Mills

Week. Ended—.

Jan.| 20, 1940
Jan.< 13, 1940-.

A

comparatively steady undertone prevailed in the

mar¬

ket for coffee "futures" during the past month.

throughout the country brought a

wave

roasters
in

were

fairly

a

The cold
better demand, and

forced to draw upon reserves, which resulted

good

replacement buying of raws.
Cost and
freight offerings from Brazil continued steady, even though
there

were

reports of easier prices in Brazil.
According
Brazilian producers were not pressing offerings
the belief that a buying movement by American roasters

to reports,
on

was

overdue.

No. 7 Santos

6%c.@6%c.

was

Dec.

quoted

29;

on

Jan. 31 at 6%e.@6%c. against

6%c.@6%c.

Nov. 30; 6%c.@6%e.
Oct. 31; 6%c.@7c. Sept. 30; 6%c.@6%c. Aug. 31; 6%c.
July 31, the same as on June 30, against 6%c. May 31;
6%c. April 29 (April 30 was Sunday); 6%c. March 31;
7c. Feb. 28, the same as on Jan. 31.
No.

7

Rio

was

quoted on Jan. 31 at 5%c.

against 5%c.

Dec. 29; 5%c. Nov. 30, the same as on Oct. 31 and Sept.

30,

against 5%c. Aug. 31, the same as on July 31 and June 30;
5%c. May 31, the same as on April 29 and March 31: 5%c
Feb.

28; 5%c. Jan. 31.

feared

been

had

market

the

by

many

that

war

potentialities would

Cuba, the crop regulation
favorably received by the trade.
It was con¬
an indication that Cuba desires to keep supplies

lead to unrestricted production in
news

was

strued

as

possible.
This development, to¬
strikes were spreading in Cuba
and the Philippines, prompted scattered speculative buying.
It was pointed out that in the event of the labor difficulties
continuing to spread, there could be shipping delays which
might prove serious to the trade.
Market rallies, however,
were of comparatively short duration, as all price advances
met hedging pressure.
Subsequpent reports that a nation¬
wide strike of sugar workers in Cuba had apparently been
averted prompted scattered selling.
Refiners, after mak¬
ing quite liberal purchases during the earlier part of the
month, developed an apathetic attitude, while there ap¬
peared to be some impatience to sell on the part of raw
tiolders.
There was also talk of prospective decreased con¬
down

as

normal

near

sumption

as

reports that

gether with

result of recent frosts in the South which
destroyed fruit crops, thus indicating smaller sugar require¬
ments from canners in the spring.
Sales of Cuban sugars
as

a

consisted of the following, all c. & f.
On Jan. 4 February shipment at 1.95c.
~and~fihporf at 1.93c.; ori "Jan. 8 import at 1.89c.; on Jan. 9
January shipment at 1.90c and 1.89c.; on Jan. 10 January
shipment at 1.90c.; on Jan. 11 second half February ship¬
ment at 1.90c.; on Jan. 12 second half January shipment
at 1.95c.; on Jan. 15 March shipment at 2.00c. and February
shipment at 2.00c.; on Jan. 16 March shipment at 2.00c.;
on
Jan. 18 March shipment at 2.00c.; on Jan. 19 March
shipment at 2.00c.; on Jan. 23 January/February ship¬
ment at 1.96c., and on Jan. 30 proihpt shipment at 1.95c.
The wholesale price for refined, Immediate delivery, was
quoted at 4.70c. until Jan. 5, when all refiners reduced it
to 4.60c.; on Jan. 8 the price 'was again reduced to 4.50c.;
on Jan. 9 a range of 4.35c. to 4.50c. was quoted; on Jan. 12
the range was changed to 4.30c. to 4.50c., and on Jan. 16
the range was further changed to 4.40c. to 4.50c., at which
the month
.exclusive of duty:

during

level it remained during the remainder of the month.
Rubber

Crude rubber early in
a

a spurt of buying of
Government during the early
part of the month, the export demand fell off.
Estimates
of world supplies were revised upwards.
The Bureau of
Agricultural Economics estimated world wheat production
at 4,279,000,000 bushels, or 27,000,000 bushell higher than
its estimate a month previous.
The higher estimate was due
to increases in
Canadian and Turkish production.
The
Australian crop was placed at 186,500,000 bushels, although
subsequent private estimates suggested a crop as high as
200,000,000 bushels, which would give Australia the third
largest crop on record.
Total world supplies, exclusive of
Russia and China, were estimated at about 270,000,000 bush¬
els kipre than in the 1938-39 season.
The statistical picture
of wheat, therefore, was considered to be more or less
bearish.
However, it was pointed out that there were two
possibilities in the outlook which could readily overshadow
the statistical position, namely, an adverse change in the
present crop situation, and a prolongation of the military,
of

Sugar

for sugar
"futures" displayed
periods of strength during the past month, the final trend
was downward.
Among the constructive factors was the
fixing of the Cuban crop at 2,753,903 tons, which was con¬
siderably less than had previously been indicated.
As it
Although

9

MONTHLY EEYIEW

Fed., 1940]

After

belt.

wheat

winter

the

Canadian wheat by the British

^

"war"

Statistics

abroad.

situation

commodity.

have

proved

wheat

to

be a

Corn, oats and rye, after a display of

strength during the early part of the month, likewise tended
downward.
It was officially reported that the new corn

result of abundant rains

had benefited greatly as a

crop

during January.
In Chicago the May wheat option closed
on Jan. 31 at 96 %c. as against
an opening price of $1,041
Jan. 2

(Jan. 1 a holiday, New Year's Day).
At Winni-]
May wheat option closed on Jan. 31 at 84%c. as
against an opening of 89c. on Jan. 2.
May corn in Chicago,
closed on Jan. 31 at 55%c. compared with an opening of
58%c. on Jan. 2. May oats closed at 39c. as compared with
an opening of 39%c. on Jan. 2.
May rye closed at 66%c.
as compared with an opening of 77c. on Jan. 2.
on

peg the

*

Textiles

■

|

expanded moderately,, chiefly as a
result of seasonal influences, but later in the month turned
The

textile

trades

quiet, owing to adverse weather conditions in wide sections
country.
Retail business made a fairly good show¬
although during the latter part of - the month the
margin of gain over last year narrowed somewhat, chiefly
of

the

ing,

because of unusually severe

winter weather, notably in the

Wholesale trading experi¬

Southern parts of the country.
its customary

enced

improvement about the middle of the-

month, when the annual conventions of retail and whole¬
sale merchants brought a large influx of buyers, and pur¬
chases of

the period under review followed

steady trend, chiefly under the influence of rumors that

a

early spring merchandise received a further impe¬
the early date of the Easter holiday.
Later
in the month increasing caution on the part of buyers was
tus

through

industrial

activities showed

higher export tax may be placed on rubber shipments from

noted

producing countries.
Substantial buying by tire factories,
notably for first-quarter shipment, and favorable estimates
of the United
States December consumption figure also
helped to support prices.
During the second half of the
month quotations declined moderately, mainly in sympathy
With the reaction in other commodity markets and in secur¬
ity prices.
Previous rumors that a shortage of freight
space from the
Far East was impending following the

tapering off, and doubts arose regarding nearby generalbusiness prospects.
However, in view of the sound inven¬
tory conditions in the wholesale and retail trades, a resump¬

inauguration

of

the

Government's

British

requisitioning
denial, and predictions
were heard that the next meeting of the International Rub¬
ber Regulation Committee might consider another increase
of

shipping

Feb. 1 met with

on

a

the export quota for the second quarter of the year.
The United States consumption figure for December, show¬
in

ing

a total of 48,428 tons, compared with 48,143
December, 1938, did not come up to expectations.

tons

in

Ribbed

smoked sheets for spot delivery were quoted at
asked Jan. 31 against 19%c. asked Dec. 29; 20%c.
asked Nov. 30; 20%c. asked Oct. 31; 21c. asked
Sept. 30;

18%c.

16%c.
June

asked Aug. 31; 16%c. asked July 31; 16%c. asked
30; 16 ll/16c. asked May 31; 16c. asked April 29

(April 30

Feb.

asked

Sunday); 15%c. asked March 31, and 16%c.

was

28.

past month, prices for wheat in domestic markets devel¬
oped a downward tendency.
Extremely low temperatures
in both

for

the winter and

active

buying

Whether

or

aged

the

by

there

has

not

spring wheat belts

during

the

new

a

were

early

part

not

expected

to

of

growing

of

responsible
the

month.
winter wheat crop has been dam¬

coldness is

been

the

period

be

known

weather.

until

Reliable

authorities claimed, however, that the cold did not
improve
the condition, and much apprehension was

expressed

the

outcome

in

the

States east

of

the

Mississippi

as

to

River.

Subsequent snows relieved the situation, the crop in most
of the important growing areas being
supplied with ade¬
quate covering.
Thus, with the weather conditions removed

tendency

a

towards*

buying activities is anticipated, should the general1
outlook

show

any

improvement.

Raw cotton in

January, after reaching new highs early in the month, sub¬

sequently

followed a

and much

trend,

downward

of the

previous month's gain was erased during the period.
The
early strength of the staple was chiefly due to the continued
firmness of the principal foreign markets, the higher rate of
consumption
increase

in

domestic mills, and the continued sharp
the total of which during the month*

by

exports,

passed the amount of cotton exported in the entire previ¬
ous
year.
The ensuing reaction mainly reflected a set¬
back in the foreign markets, the growing trend on the part
of growers to repossess loan cotton for the purpose of meet¬
ing the demand in private trade channels, the disappointing
volume of cloth orders received

by domestic spinners, and

the realization that, after the protracted advance in
a

technical reaction

other
sued

was

due in

commodity markets
a

declining trend.
that

no

further

prices,
event, in as much as

any

as well as security prices pur¬
Announcement made late in the

subsidy would be paid

of cotton also affected sentiment

display of strength during the early part of the

a

of

business

month
Grains

After

tion

as

in

some

on

exports

as did
reports from the South expressing the belief that the un¬
usually cold weather prevailing there during part of the
month could be counted upon to greatly reduce the number
of hibernating boll weevils.
Spot cotton here in New York

measure,

was quoted at 11.54c. Jan. 2.
A steady decline carried the
price to a low of 10.67c. Jan. 23, with the final quotation
at 10.79c. Jan. 31.
Trading in the gray goods markets was
quiet during most of the period under review, and prices
showedi moderate recessions. A flurry of buying witnessed

during the second half of the month proved of very short
duration.

Print

cloths

at

Fall

River

for

28-inch

64x60's

receded Jan. 10 from 4%c. to a range of
on

4%c. to 4*4c., and
Jan. 19 the price eased further to 4%c., at which figure

it stood Jan. 31

The price of 27-inch cloth 60x64's

was

4c.

Jan.

factor, liquidation
developed
under which prices reacted.
As a result of the improved
weather conditions, crop advices from the Southwest turned
more
optimistic.
In most of the wheat belt, snow and

31, compared with 4%c. Dec. 29, and Osnaburgs were
quoted at 8%c. Jan. 31 as against 8%c. Dec. 29.
The report
of the Census Bureau, issued Jan. 13 and covering the
month of December,
showed a seasonal decline in the

rains

United States consumption of the

as

an

important

market

improved topsoil conditions, though subsoil moisture

reserves

were

Announcement

said

to

that

the

be

still

too

low

export subsidy

in

many

would

be

sections.
restored

wheat and flour from the North Pacific Coast had some
effect on the market for a brief period, but this was offset
on

later by the announcement that the Federal
Surplus Com¬
modities Coloration would not renew loans on 1938 and
1939 wheat stored on farms in the more Southern sections




staple as compared with
previous month, but continued to reveal a substantial
gain over the corresponding month of last year.
The
the

consumed was given as 652,695 bales of lint and
bales of linters, compared with 718,712 bales of
lint and 90,701 bales of linters in November, and 565,627
bales of lint and 65,709 bales of linters in December, 1938.
amount

104,687

The

woolen

goods

market

remained

seasonally

quiet

as

MONTHLY REVIEW

10

fall lines. A feature
demand for overcoatings,
reflecting heavy consumer purchases caused by severe win¬
ter weather.
Mill operations showed a further tapering
awaited the opening of the new

users

the month

of

off,

backlogs.

order

diminished

of

because

women's

the persistent

was

Trading in

with the attention

fabrics was fairly active,

wear

centered on tweeds and twills.

of buyers

quoted Jan. 31

Japanese double extra 13-15 deniers were

orders, which set the daily allowable production of
for Texas at 1,390,151 barrels, also reduced the

ration

crude oil

former basic allowables to
The

allowable,

new

conform with the new schedules.

whigh became effective Feb. 1, was

18,751 barrels daily above the recommended figure of
1,371,400 barrels set in the regular national monthly mar¬
ket
demand estimates of the United
States Bureau of
Mines, but it was indicated that actual net production will
be 15,236 barrels daily below the estimate of the Federal
agency.
The East Texas field was left unchanged at 404,480
barrels net daily, awaiting the outcome of Federal court
tests the basis of the potential-allowable order governing

$3.10@$3.15 against $4.50@$4.55 Dec. 30; $3.43@$3.4S
Nov. 30: $3.55@$3.60 Oct. 31; $3.10@$3.15 Sept. 30; $2.65@
$2.70 Aug. 31; $2.70@$2.75 July 31; $2.51@$2.56 June 30;
$2.58@$2.63 May 31; $2.46@$2.51 April 29 (April 30 was a
Sunday) ; $2.10@$2.24 March 31, and $2.20@$2.25 Feb. 28.
In the case of the 20-22 deniers Japanese crack double
extra were quoted at $3.03@$3.08 Jan. 31 against $4.43@
$4.48 Dec. 30; $3.41@$3.46 Nov. 30; $3.47@$3.52 Oct. 31;
$2.94@$2.99 Sept. 30; $2.50@$2.55 Aug. 31; $2.58@$2.63
July 31; $2.49@$2.54 June 30; $2.56@$2.61 May 31; $2.39@
$2.44 April 29; $2.13@$2.18 March 31, and $2.25@$2.30

proration schedule and corrections would be made in cases
"where our orders would cause waste, endanger wells or

Feb. 28.

create

at

Petroleum

petroleum industry

between the Mexican ex¬

foreign field interest was divided

announced

Commission,

Railroad

that

the control

agency

investigating the complaints which flooded the Com¬
mission's offices following the announcement of the new
was

hazard to

a

The

during the initial month of the new year was the sharp
slash in crude oil prices on the West Coast, while in the

A. Smith, Chairman of the Texas

January Lon

Late in

and Its Products

Leading development in the domestic

field.

the

Texas

in

field."

a

well spacing ruling, which also became effective

new

Feb.

on

1,

brought a

record number of drilling

permits issued by the Commission during the final week of
January. The new spacing order rules that the minimum dis¬
tance of a new well drilling for oil in the Lone Star State
be

933

from

a

must

propriation tangle and the struggle over supplies of Ru¬
manian oil between that country, the Reich, England and

feel

France.

from

feet

any

and at least 467
subdivision line.
This re¬

other well,

placed

in

The most drastic cut in the.price structure

...

than

more

3F-by Standard Oil Co. of

TBree~y'ears wa£~~pbsted" on Jan.
California" when crude oil prices

on

the West Coast tumbled

15c. a barrel.
The revised postings, which became
effective immediately, applied to all gravities in all fields

4c.

to

the

where

maintained

Company

and

postings,

by

varies

gravities.
Price policies for the other major oil companies operating
in California were still confused at month-end, with Rich¬
Oil

field

the

only

follow

to

company

the cut posted

by

the West Coast indicated that
there was considerable opposition to the reduction in prices,
and Shell, Tidewater Associated, General Petroleum and
Union Oil of California maintained their former price lists
Standard.

from

Reports

Under the

the ruling in effect for many years which set oil
spacing at only 300 feet from another oil well, and 150
feet from a property, lease or subdivision.
The new rule
allows'one well for each 20 acres, against the old rule of
one well each 2% acres.
well

recommending the February allowables for the major

In

oil-producing States, the United States Bureau of Mines
reported that necessary daily average production of crude
qil during the \month to meet market demands would be
3,529,000 barrels.
While this figure is 1% under the esti¬
mated daily average market demand for January, the report
pointed out that it was 7% above actual market demand
for the corresponding month last year.
Opposition to the proposed Cole measure, under which the
would control the petroleum industry,
spirited with several bitter attacks upon the bill
being made during the month as the time for renewal of
hearings [Feb. 5.—Ed. note] drew near.
Not only did the
Federal Government

grew more

month-end.

at

lease or

property,

schedule the first cut in

new

structure since

the basic

price

March, 1936, Standard of California lowered

in for

further attacks from leading oil fig¬

its

Cole bill

to

United States Chamber of Commerce, in a
report made public by its National Resources Committee,

price for 27 gravity Signal Hill crude oil 7c. a barrel
$1.03. Top prices for crude from Santa Fe Springs were
cut to $1.36 from $1.42, with Huntington Beach pared from
$1.22 to $1.15. Corresponding price cuts in other fields were
posted in the company's announcement.
Pennsylvania grade crude oil prices were lifted 25c. a
barrel in January by the Joseph Seep Purchasing Agency
South

of the

Penn Oil Co. in the fourth advance in

The boost, which

months.

by

the

quickly

met

Quaker

State Oil

Tidewater

Associated

three
was

and

Oil

1,

the

Bfefining Co.

Under the new schedule
at their highest level since Bradford hit $2.82

prices were

barrel in the

price

of 1937.

summer

The

a

retroactive to Jan.

was

revised

list posted

come

but

ures,

made

the

its

known

oil industry

"We

opposition to

ox>posed,"

are

Federal control of the

any

under the set-up inherent in the bill.

committee

the

the States their

petroleum

responsibility for the conservation of their
and would centralize in the Federal
complete control over petroleum production."

resources

Government
For

the

same

the committee

reason,

proposal,

to the

now

lips

Interstate

Oct. 7 last.
barrel

On the first of November

made, followed

was

jump of 10c.
The

a

on

a

barrel

on

advance of 15c.

a

the first of December by

a

an

barrel.

sustained

rise

in

the value of Pennsylvania grade
broadening industrial demand and
the sharp rise in export demand, due to war needs
abroad,
since this grade oil is used mainly in the refining of lubri¬

crude

oil

reflects

The

cants.

the

in

manner

which

the

mark-up in prices was
staged during the final quarter of 1939 and the first month

of 1940 indicates that
and

the market is

possible realization

every

of

being closely watched

the

"sellers"

conditions

existing is being made.
Material changes in 1940 plans have been caused
the generally expected expansion in

failure of

by the

foreign de¬

war needs, W. S.
Farish, Presi¬
(New Jersey) said in a year-end
statement.
Proof of the rapid changes in market
conditions,
he pointed out in discussing dislocation of normal trade

conditions

200%

due

the

to

tanker

in

Co.

war

abroad, is the increase of

freight rates since hostilities

over

started last

too&

whereby
measures

The

proposed Federal regulation of the petroleum indus¬

try came in for a slashing attack by Governor Leon C. Phil¬

Oklahoma, recently-appointed
Oil Compact Commission, in

of

Southern Conference

before the

on

Chairman of the
speech delivered

a

Interstate Problems,

in

Nashville, on Jan. 26.
"If the Federal Government can
regulate oil on the theory that eventually it reaches inter¬
state commerce, it can do it to all other basic commodities
the

on

theory," he said, adding:
"If this should
will have arrived at National Socialism."

same

happen,

we

crude

Proven

outset of 1940

oil

were

reserves

in

the

United

States

at

the

equivalent to approximately 15.7 years'

supplies, and represented the largest figure in the history
of the petroleum industry, according
to a survey made

public during January by the "Oil and Gas Journal."
An
increase of nearly i,500,000,000 barrels during the 12 months
of

1939 lifted

last,

new

254

of

new

year of
ure as

"The outlook for next year is fairly good," he continued.
"Earnings should be benefited if Illinois adopts a conserva¬
tive program, as that would mean the curtailment of un¬

fields
of

old

reserves

from which

September,

reserves

new

extensions

1939

the total

to

19,687,379,000 barrels

on

Jan. 1

the survey indicated.

The

mand for crude oil due to
dent of Standard Oil

it

out,

in bituminous coal mines.

of 75c.

barrel since the first increase of 25c.

pointed

before

Congress,
Federal agencies would assume control of safety
exception

Bradford-Alleghany crude
oil at $2.75 a barrel.
Crule oil in Southwest Pennsylvania
Pipe Lines advanced to $2.40, Eureka Pipe Line to $2.34,
and Buckeye to $2.30.
Prices have shown a net advance
a

Federal

"to

reported,

legislation now provided in Congress that would take from

was

have been created through the discovery
in

1939, plus the additions credited

fields,

the survey

pointed

out.

to

During

totaling 2,710,388,000 barrels were found,

subtracted the crude oil production in that

1,255,783,000 barrels, in arriving at the

of J an.

1, 1940.

reserve fig¬
Texas led all other States in proven

the

economic
war

overproduction in that area.
The effect of the
is highly problematical, but it now
appears unlikely

that three will be any
in the

near

future.

was

Present

a

substantial

For the second successive year

draft upon

stocks

supplies appear to approximate

quate quantities
Texas

as

resumed

above

more

ground.

closely ade¬

working inventories."

seven-day production week on Feb. 1
new proration orders for the month
issued by the Texas Railroad Commission in mid-January.

as

the

Sole

result of

exception

a

the

to

the

order

restoring

Texas fields was the East Texas areq.




or
17.6%, was second.
Oklahoma was third with 1,287,906,000 barrels, or 6.5%, and the remaining 21.6% is scat¬
tered among 20 States.

Texas

broadening in the demand for exports

The crude oil supply situation is in a

generally healthy condition.
there

petroleum reserves, with 10,794,055,000 barrels, or 54.8% of
Nation's total.
California, with 3,447,662,000 barrels,

full

operations

in

The February pro¬

also

led

in

new

reserves

discovered

during

the

past year, with 1,070,145,000 barrels, or 39.5% of the total.
California again was in second place with 500,500,000 bar¬

rels,

18.5%, and Illinois third

with 429,070,000 barrels,
Mississippi, which was opened in 1939 as a
commercial oil producer, was listed as partially developed
property with estimated reserves of 2,297,000 barrels.
Ne¬
braska, another newcomer, was in a similar category, with
49,000 barrels listed.
or

or

15.8%.

A moderate decline in

in the United States

daily average crude oil production
during the Dec. 23-Jan. 27 period was

disclosed

reports compiled by the American Petroleum
Daily average output of crude oil for the Dec. 23
3,867,000 barrels, with a net decline of 255,400

in

Institute.
week

was

3,611,600 barrels.

barrels, bringing the Jan. 27 total down to

oil were up nearly
5,000,000 barrels during the Dec. 16-Jan. 27 period, mount¬
Stocks

of

domestic

and

on

of charges against 11 convicted defendants in
the^Madison,
Wis., anti-trust oil cases.
The Government's surprise action
the

possibility

Supreme

the

by

reconsideration

of

action

Court of its decision of last November affirming the

dismissing the de¬
fendants after a jury had found them guilty.
The United States Supreme Court on Jan. 29 rejected the
petition of the Standard Oil Co. of California for a review
of the decision of the Ninth Circuit Appellate Court affirm¬
ing a lower court ruling, thus making concrete the Federal
Federal

of

Patrick

Judge

in

Stone

T.

The

Government's title to Section 36 of the Elk Hills field.

for an appeal was
properly in accepting a
decision of the Secretary of the Interior without taking
evidence and making a judicial determination as to his
authority to make rulings carrying evidentiary weight.
The Mexican
expropriation situation broke into open
"flame" during January as the Standard Oil Co. (New Jer¬
sey) made a bitter attack upon the Cardenas Administra¬
tion and charged that the "leniency and courtesy" shown
the Mexican Government by the United States Department
major

the

State

of

involved

point

whether

lower

"had

acted

played into the hands of Mexico."

On the

the

value

Mexican
to

President Cardenas ruled that the case was
sole remaining task the determination of
of the seized properties now being set by the

with

the

Rumors

courts.

International

the

the

that

Court

would

tangle

Justice

of

The

at

be taken

Hague

were

ended when the Mexican Government made known its feel¬

ings

that

since

there

courts,

the

was

possible.
In commenting

cases

no

upon

still

were

the

before

outside

to

recourse

Mexican

arbitration

the tactics of the State Department,
Standard of New Jersey said

the Washington statements

"they have stiffened the Mexican Government in its deter¬
to take what it wants,

mination
for it,

whether

or

not it

can

pay

in complete disregard of the rights of Americans and

other foreigners, and in violation of its own laws and inter¬
national agreements."
The statement added:
"The whole
structure of international business

relations is endangered.

If private property can be taken at will and no
and

fair, prompt
adequate payment made for it, the whole basis of rela¬
between

tions

the

they

gain

a

of

23-Jan.

Dec.

eased,
With stocks show¬
barrels during the

field the mid-continent bulk market

key markets for motor fuel.

did other

as

fuel oils.

responsible for the rising price level for

were

In the gasoline

9,000,000

than

more

period to nearly 88,000,000 barrels, the
top-heavy inventory set-up was reflected in pressure upon
the price structure throughout the country.
Refinery opera¬
tions hovered at contra-seasonally high levels during most
of

27

January,

refiners sought to build

as

slocks of fuel

their depleted

up

oils, and unavoidably built up their already

unwieldy stocks of motor fuel at the same time.
Representative price changes, showing the course of the
major refined product markets throughout the country durign January, follow:
Jan.

2—Fuel

oil

prices

the

on

West

Coast

15c.

cut

were

24—General

Jan.
oil

a

of

advances

%c. to

^c.

gallon in kerosene and fuel

a

prices along the Atlantic seaboard were posted by Sinclair Refining and

other

independent companies.
27—Standard

Jan.

%C.

of

Ohio

gallon

throughout
Muskingum Counties.
a

cut

prices

the State

of

with

all

of

grades

three

exception

the

of

gasoline

Canton

and

JANUARY FINANCING OF THE UNITED STATES TREASURY

A

of the principal developments in Treasury
would include the following:
Sales
of
United
States
savings
bonds—the
so-called
"baby
bonds"—in record-breaking /volume;
retirement of $150,0(K);0()0 or
degree of weakness in
the market for outstanding issues, and the submission of
summary

financing in January

the

budget to Congress by

The

President Roosevelt.

capital
So far as
open market financing is concerned, the next problems with
which the Treasury will have to deal are the $353,000,000
of 3%% bonds which become redeemable on June 15 and
the $738,400,000 of 1 %%' notes which mature on June 15.
If the Treasury is to redeem the $353,000,000 of 3%%
bonds it must issue a call for them by Feb. 15, four months'
Treasury

market

with

did not in

notice being required.
ber

to

January

approach the

public offering of securities.

any

As the Treasury

was

„

able in Decem¬

9-11-year bond with a 2% coupon and a
12-14-year bond with a 2%% coupon, it is virtually a fore¬
gone conclusion that the small amount of 3%s will be re¬
place

funded

a

into

lower

a

issue.

coupon

In

keeping

with

the

practice of the last two ye_ars, the Treasury can be expected
refinance

to

the

$738,400,000 of 1 %% notes three months
date, June 15.
Instead of seeking ad¬
ditional funds through a new offering of securities, the
ahead of

their due

Treasury

was

tion of

States is undermined."

The statement pointed out that the State

75c.

to

barrel, San Pedro base.

the petition

in

courts

Mexican front,
closed

demand in metropolitan

ing

Jan. 27 unexpectedly with¬
drew its request that the United States Supreme Court
reconsider its 1939 decision which affirmed the dismissal
Department of Justice

ended

by the companies that adequate supplies to meet
New York would be^ on hand, and
Mayor absolved the companies of the inference that

reassured

foreign crude

ing to 237,339,000 barrels.
The

11

MONTHLY REVIEW

Feb., 1940]

type that has become rare in recent years.

is

to

a

able in January to carry through

an

opera¬

That

the Treasury paid off out of its cash holdings
$150,000,000 of discount bills.
These were the bills which

Department had
clearly stressed this point in a note sent by Secretary of
State Hull in 1937, but the company implied that, so
far,
the Department had not strongly pressed Mexico for satis¬

weeks

faction

had

bility

in

for

accordance

the

with

this

maintenance

of

principle.

this

"The

principle

responsi¬
rests in the

hands of the Department of State," it was argued.
the Department of State, for any reason, too

"Should

long delay in

taking the

steps to meet Mexico's challenge to
the principles of right and fair dealing between
nations, it
necessary

by its

may,

tempt

patience,
similar to

very

wrongs

flicted.

.

.

those

the lasting

to

.

little actual

which

mid-month

French

the

to

has

at-

in¬

supplies

results

and

continued

at

except that the Janufar below normal.

were

English

Governments

sent

stiff notes of protest to the Rumanian Government after
the
latter had formed a petroleum committee which
was

powered to take

over control

of the Rumanian oil

owned
man

70% by British and French companies.
The Ger¬
Government, which had warned Rumania against cur¬

tailment of needed oil supplies,

also sent

against the slackening of shipments.
still a dog-fight between the Allies
Rumania

apparently cast in

stander."
Jan.

Jan.

barrel

Jan.

1.

for

prices

Reich, with
by¬

were

lifted

25c.

a

barrel,

a price of $1.08
in the Long Lake pool of Leon and

Anderson Counties, Texas.
Jan.

81—Standard

of

California

reduced

prices of crude oil

barrel in all fields in which it makes purchases
Richfield oil followed the price slash.

a

totaled
In

as

or

4c.

operates in

to

moved

emphasis was on fuel
into higher brackets under the twin

stimulus of rising demand and curtailed stocks.
With bit¬
ter cold weather gripping most of the Nation in its
hold,
demand for fuel oils from householders and other
users

picked

up momentum and brought about sharp drains
upon
inventories
The tightening supply-and-demand

picture

was

quickly reflected* in the price structure.
In the metropolitan New York area the situation




week for three
market

$500,000,000.

in

tax

the

bank

on

$100,000,000

659,000,

a new

at

were

Jan.

prices

10 the

deposits levied as of April 1.
Bids for
bills dated Jan. 3 aggregated $579,-

of

record high, and all of the tenders accepted
slightly above par.
For the issue dated

tenders

were still at the relatively high level
$380,809,000, and the entire allotment was on the basis
of prices slightly above par.
Allotments for the Jan. 17

of

issue

at

were

prices at

little

sloped off

a

issue

taken

slightly above par.
The demand
in the next week, for the Jan. 24

or

more

at

prices ranging from slightly above to
In the last week of January the demand
still nearer approach to normal, as the
average
0.004%, compared with 0.007% on the last issue of

was

made

a

was

December.
United States savings bonds experienced a
phenomenally
large demand in January.
Usually January has proved to
be the month of peak demand.
As any one purchaser is
entitled
year,

to subscribe to only $10,000 of these
obligations a
the habit has developed of placing promptly in Janu¬
the subscription for the maximum permitted under

Treasury
other

became

regulation.

Banks, corporations, estates and
buyers have helped to swell the sales of the
bonds in January.
Advices "to the "Wall Street

large

Journal" from

Washington, under date of Jan. 31, reported
Treasury raised close to $250,000,000 in January
through sale of savings bonds, or 85% more than was raised
in January, 1939.
Sales of savings bonds slowed up in
September, following the wide break in Government secur¬

that

the

ity prices,
sharply.
In

threatening that Mayor La Guardia sent a stiff telegram
to the major oil companies, warning that he would
not stand
for any
shortness or general price mark-ups.
He was

so

a

securities

Treasury bill market seasonal influences were at
January.
These are the influences, which first
made their appearance in noticeable form a year before,
stemming from the Chicago Federal Reserve District, where
the bills are sought as a means of obtaining exemption from
work

ary
15c.

California!

refined products field the

prices

$50,000,000

Government

the

savings
In the
oil

the

fully recovered from the shock dealt to it by the out¬
break
of
war
in
Europe.
Discount bill maturities in
January aggregated $650,000,000, whereas new issues offered

rate

the

Marketing Co. posted

Woodbine sand production

before

and

'

23—The Sinclair Prairie Oil

fall

slightly below par.

the role of the "innocent

grade crude oil

last

note protesting
At month-end it was
a

Price changes follow:

2—-Pennsylvania

effective

a

em¬

industry,

offered in the amount of

were

the
oil

try movements of oil from Rumania
In

Mexico

injury of international jus¬

tice and friendly intercourse."
The
battle
over
Rumanian

month-end with

other nations

encourage

say,

his

President

but

annual

since

then

the

demand

has

budget message to Congress,

Roosevelt

estimated

that

the

net

picked
on

deficit

up

Jan. 4,
in

the

1941 fiscal year would

be $2,176,231,570 as against $3,932,813,641 in the current fiscal year.
If Congress adopted his
recommendations

for

tax

increases

totaling

$460,000,000,

MONTHLY REVIEW

12
said the

further decreased

President, the deficit would be

to. $1,716,000,000.
The Chief Executive calculated that esti¬
mated expenditures in the next fiscal year at $8,424,000,000
would be lower by $675,000,000, while estimated normal

$5,548,000,000 would be up $382,000,000.
He
said that recovery of excess capital funds was estimated
at $700,000,000.
The deficits for the current and the next
fiscal years, he said, would "be met in normal course partly
by additional tax collections, partly by carrying lower bal¬
ances,
and partly by borrowing."
But, while President
Roosevelt was moving somewhat nearer a state of budget
balance, he made it plain that he was not disavowing his
fiscal policy of other years.
With full employment still
unattained, he declared, <fwe must, therefore, avoid the
danger of too drastic or too sudden a curtailment of Gov¬
ernment support."
The President estimated that the pub¬
lic debt at the end of the 1941 fiscal year would amount
to $44,938,577,622, or a mere $60,000,000 below the cur¬
rent statutory debt limit of $45,000,000,000.
On Jan. 23
there was made public the testimony of Secretary of the
Treasury Henry Morgenthau Jr. before the House Appro¬
priations Committee in December, at which time the Sec¬
retary said he thought the debt limit should be raised to
$50,000,000,000.
On

offer.
stock were provileged to exchange their
basis, plus a cash payment equal to
the difference between redemption price of old pref. stock
and initial public offering price of new stock ($105 a share and
accrued dividend from Jan. 1).
Holders of 316,461 shares of $6 pref. stock accepted the
exchange offer, leaving 39,162 shares to be taken up by the
underwriting syndicate.
The pref. stock offering was underwritten by same group
which underwrote the debentures.
The latter consisted of three series—$8,000,000 of 2%a due
1950, priced at 102M and int.; $10,000,000 of 3 Hs due 1960,
at 103 H and int., and $12,000,000 of 3%s due 1970, priced at
10314 and int., all series from Jan. 1.
Other bankers offering the debentures included:
The First
Boston Corp.; Harriman Ripley & Co., Inc.; W. O. Langley &
Co.; Smith, Barney & Co.; Blyth & Co., Inc.; Tucker, Anthony
& Co.; Harris, Hall & Co., Inc.; Kidder, Peabody & Co.; Lee
Higginson Corp.; Shields & Co., and Stone & Webster and
Blodget, Inc.
*
stock under an exchange

Holders of $6 pref.

of

receipts

'

$30,000,000 American Gas & Electric Co.—Public offering of $30,000,000
s.
f. debs, through a Nation-wide underwriting group of 104
investment firms headed by Bonbright & Co., Inc., was made
Jan. 8.
Simultaneously the company offered 355,623 shs. of
A%% cumul. pref. stock to holders of outstanding $6 pref.

•

18,594,000 Consumers Power Co.—An

'

Associated in the underwriting group were

,

.

"

,

$29,450,000 of debentures dated Feb. 1, $2,150,000
being placed within the System and the remainder publicly.
Of the total amount, $14,400,000 were to mature on May 1,
and

$15,050,000 on July 1, 1940.

maturities

Feb.

on

indebtedness

1

$46,400,000,

of

The System met

reducing the funded
.

range

Of

Treasury bonds "fluctuated" within a

Some nervousness over

their level at the end of December.

possibility of large-scale fighting on the Western Front
in Europe in the next several weeks led to fairly heavy
offerings by - out-of-town banks, but the New York City
banks absorbed $154,000,000 of Treasury bonds in the last
three weeks of the month and kept prices from having a
bad break.
The average yield on Treasury bonds not call¬

the

able within 12 years increased in the month to

2.30%,

and

the

2.34% from
yield on Treasury notes due in
to 0.50% from 0.46%.

average

three to five years rose

The details of Treasury bills sold on a discount

basis are

given in the f oll<ywing table:
Bills

Bills

Offered

Dated

Amount

the following amounts: Metro$3,710,000; New York Life, $2,500,000: Pru$2,500,000;
Equitable
Life, . $2,500,000;
Northwestern Mutual, $1,500,000; Mutual Life, $1,000,000.
Consolidated Edison purchased $1,290,000 of the issue to be
pledged with the trustee of one of its own underlying issues.
Proceeds of issue will be used to repay loans from the parent
company and an affiliate.
3,750,000 Ohio Water Service Co.—An underwriting group headed by
Coffin & Burr, Inc., offered on Jan. 12 at 103 and interest, a
new issue of $3,750,000 first mortagge bonds, 4% series due
1964.
Associated in the offering were: Halsey, Stuart & Co.,
Inc.; W. C. Langley & Co.; Stone & Webster and Blodget,
Inc.; E. H. Rollins & Sons, Inc.; Graham, Parsons & Co., and
Central Republic Co.
sold to insurance comparfies in

politan

Life,

1,950,000 Terre Haute Water Works Corp.—The company on Jan. 10
placed privately with insurance companies an issue of $1,950,000 first mortgage bonds, series A, 3K%, due Nov. 1, 1964.
Proceeds will be used to redeem outstanding first mortgage
series A 6s, and series B 5s, called for payment Feb. 10.

1,400,000 Virginia

Subscrip¬

Jan.

3 1940

5 1940

Jan.

10 1940

Jan.

12 1940

Jan.

17 1940

Jan.

19 1940

Jan.

24-1940

Jan.

„

or.

3 1940

Au \ 10 1940
Apr. 17 1940
Apr. 24 1940
May
1 1940

31 1940

91 days $100,000,000

and

tions

91 days

100,000,000

Public Service Generating Co.—The Securities
Commission on Jan. 19 approved the issue

Exchange

100,000,000

225.527.000

91 days

100.000.000

91 days

100,000,000

$1,400,000 4% first mortgage sinking fund bonds
sold to Northwestern Mutual Life Insurance

due 1959, to be
Co. at par.

$379,659,000
380,809,000

91 days

,

Life,

dential

and sale of

Dec. 27 1939

26 1940

of
Offering

Mature

Jan.

Jan.

company, a wholly-owned subsidiary of
Co. of New York, Inc., it was announced on

__J

dne-point
in January and ended the month about %-point below

Prices

Telegraph & Electrical Subway Co.—The
Consolidated Edison
Jan. 23, has sold
$15,000,000 20-year 3X% debentures, due Jan. 1, 1960, at a
price to yield 3.10%.
Of the issue, $13,710,000 bonds were

15,000,000 Consolidated

by $16,950,000 and leaving outstanding $186,-

725,000 of debentures.

The First Boston

Corp.; Harriman Ripley & Co., Inc.; Smith, Barney & Co.;
E. W. Clark & Co.; Mellon Securities Corp.; Coffin & Burr,
Inc., and Lehman Bros.
_
»
As principal underwriters, Morgan Stanley & Co., Inc.,
and Bonbright & Co., Inc., have agreed not to retain any
underwriters' fee until it is finally determined by the Securities
and Exchange Commission or by appeal from SEC ruling that
they are free to receive such underwriters' fee.
The question
had been raised under Rule U-12F-2 of the Public Utility
Holding Company Act of 1935.

keted

1940,

underwriting syndicate headed

2.97%.

Credit banks mar¬

18 the Federal Intermediate

Jan.

stock on a share-for-share

215,745.000
191,020,000

The SEC also
notes to be

approved the sale of $300,000 4%

sold to Harris Trust &

serial bank

Savings Bank at par, and

3,300 shares ($100 par) common stock which it proposes to
sell to Virginia Public Service Co.
Generating company proposes to use the proceeds to be
derived from the sale of these securities to purchase a plot of
land from Public Service and to construct a generating plant on
,

To Redeem

Bills

Amount

Subscrip¬

Maturing

Average
Yield

Issue of—

tions

Accepted

Price

Dec. 27 1939

$579,659,000

$101,930,000

100.001*

5 1940
12 1940
19 1940

101,257,000
100,240.000
100,253,000

99.999c

0.001 %c

150,159,000

Jan.

26 1940

380,809,000
225,527,000
215,745,000
191,020,000

100.001a

Jan.

100,044,000

99.999

0.004%

150,499,000

Offered

Jan.
Jan.

•

100.001&

Nil

Nil
Nil

said

Accepted bids were tendered at price slightly above par, the lowest accepted
being tendered at 100.001,40% of amount tendered being accepted at that price.
I Accepted bids were tendered at prices slightly above par and at par, 34% of
amount tendered being accepted at par.
e Accepted bids were tendered at prices slightly above par down to 99.999, the
average price being fractionally under par, 63% of amount tendered at 99.999

dividends.

NEW SECURITY ISSUES

domestic

market

.

,

t

,

....

,

proceeds from the sale of the preferred stock will be used
the company's treasury for expendituresI for
additions and betterments to its plant made to provide facilities
necessitated by the growth and development of the company s
Net

to

accepted.

the

facilities presently

Jan. 4 of 35,000 shares of cumulative preferred stock $1.25
series, by an underwriting group headed by Bonbright & Co.,
Inc., and including Paine, Webber & Co. and Mitchum,
Tully & Co.
The shares were priced at $25.25 plus accrued

All but $29,000,000 sold at this price; balance higher.

In

of land adjacent to generating
operated by Public Service.

1,020,000 Toledo Edison Co.—Blyth & Co. and Graham, Parsons &
Co., are distributing a block of 10,000 shares of $5 preferred
stock at 102 through a group of selected dealers
883,750 Associated Telephone Co., Ltd.—Public offering was made

a

was

plot

owned and

$100,548,000
100,198,000
150,279,000

reimburse

business.

IN JANUARY

financing for new capital pur¬

606,250 American Power & Light Co.—White, Weld &
offered and sold 12,500 shares of $5 preferred stock
a

improved moderately in January, the total being the
largest in a period of five months.
Corporate refunding
issues comprised the greater portion of the month's opera¬

share.

Co. ha ye
at $48.50

,

poses

tions, but in the aggregate the total

month since October.

was

the smallest for

was the
substantial financing program undertaken by the American
Gas & Electric Co. through a nation-wide underwriting

any

group

Featuring

of 104 investment firms.

during the month also showed
ous

the month

Municipal issues floated
shrinkage over previ¬

some

months, but the dearth of such issues worked to the

advantage of the issuing governments through better prices
obtained, together with an improved municipal bond market.
Below we give the larger offerings placed in January:
RAILROAD

FINANCING

$20,400,000 Chicago Rock Island & Pacific Ry.—Three bids were sub¬
mitted Jan. 23 for $20,400,000 2K% equipment trust certifi¬
cates.
A group headed by Salomon Bros. & Hutzler and
including Dick & Merle-Smith and Stroud & Co., Inc., sub¬
mitted the winning bid of 100.815.
The certificates are due
semi-annually from October, 1940 to October, 1947.
It Is
understood that two insurance companies and one bank
purchased the bulk of the issue from Salomon Bros. & Hutzler
and associates after the award

was

made.

7,600,000 Chesapeake & Ohio Ry.—Reoffering of a block of $7,600,000
ref. & impt. mtge. 3M% bonds, series F, due 1963, was made
by Halsey, Stuart & Co., Inc., and Otis & Co.
The bonds
were
priced at 105.
These bonds are part of an issue of
$30,000,000

3)4%

bonds which

houses in December, 1938.
made at 101M-

PUBLIC UTILITY

$10,962,000 Pennsylvania

Water

&

the C. & O. sold to these
At that time public offering was

FINANCING

Power

Co.—Public

offering

of

$10,962,000 refunding mortgage and collateral trust bonds

3 H% series due Jan. 15, 1970 .was made Jan. 24 through an
underwriting group headed by Wjhite, Weld & Co. The bonds
were priced at 105 and accrued interest.
Other bankers making
the offering were:
The First Boston Corp.; Minsch, Monell
& Co., Inc.; Joseph W. Gross & Co.; Kidder, Peabody & Co.;
Bonbright & Co., Inc.; Lee Higginson Corp. and Stone &
Webster and Blodget, Inc. The issue has been oversubscribed.




INDUSTRIAL AND

MISCELLANEOUS FINANCING

$11,000,000 Libby, McNeil & Libby—Glore, Forgan & Co. and an asso¬
ciated group of underwriters made public offering Jan. 17 of
$11,000,000 first mortgage 15-year sinking fund 4% bonds at
a price of 100 and accrued interest.
The issue has been over¬
subscribed. Other members of
underwriting group included:
Harriman Ripley & Co., Inc.; Blyth & Co., Inc.; The First
Boston Corp.; Lehman Brothers; Goldman, Sachs & Co.;
Hayden, Stone & Co.; Hornblower & Weeks; Kidder, Peabody
& Co.; hazard Freres & Co.; Lee Higginson Corp., and White
Weld & Co.

6,498,000 Lockheed Aircraft Corp.—New financing undertaken Jan. 23
to
provide capital expansion of manufacturing operations.
Through an underwriting group of which Blyth & Co., Inc.,
and G. M.-P. Murphy & Co. were joint managers, public
offering was made of 225,000 shares of common stock at
$28.50 per share.
It was announced that the offering was
oversubscribed five times and the subscription books closed
the day of offering.
'
o«,ui.
Other members of the underwriting group included. Smith,
Barney & Co.; Hayden, Stone & Co.; Lee Higginson Corp.;
White, Weld & Co.; Stern, Wampler & Co., Inc.; G. Brashears & Co.; Kidder, Peabody & Co.; Dominick & Dominick;
Stone & Webster and Blodget, Inc.; Emanuel & Co.; W. E.
Hutton & Co.; Whiting, Weeks & Stubbs, Inc.; Jackson &
Curtis; Mitchum, Tully & Co.; Brush, Slocumb & Co. and
'

,

Sutro & Co.

■

'

3,000,000 Vultee Aircraft, Inc.—The first public offering of shares of
this company took place Jan. 10, when an underwriting group
headed by Blyth & Co., Inc. and Emanuel & Co. placed on
the market 300,000 shares of capital stock at $10 a share.

2,400,000 American Toll Bridge Co.—Company placed privately with
the Equitable Life Assurance Society of the United States an
issue of $2,400,000 1st mtge. 314%
and due Dec. 1, 1945.
Proceeds

bonds, dated Dec. 1, 1939

will be used to retire the

outstanding $2,800,000 1st mtge. 5^s of 1945, which have
been called for payment Feb. 2, 1940, at 102>4 and interest.

1,400,000 Seiberling Rubber Co.—An underwriting group headed by
E. H. Rollins & Sons, Inc., offered Jan. 9, 28,000 shares of
of $2.50 cum. conv. prior preference stock at $50 per share.
Other members of the underwriting group included: Central
Republic Co.; A. O. Allyn & Co., Inc.; Hayden, Miller & Co.;
L. 8. Carter A Co.. Inc.. and Schwabacher & Co.

Stores—New financing for the company was
out Jan. 30 with the offering by an underwriting
headed by J. G. White & Co., Inc., of 50,000 shares
of the company's common stock at a price of $9.50 a share.

475,000 Dixie-Home

American Stove Co.—Dividend of 25c.

group,

250,000 St. Anthony Oil Corp. (Calif.)—Norman B. Gourteney &
Co., Los Angeles, offered 25,000 shares of common stock at
par ($10 a share).
r

American Zinc, Lead & Smelting Co.—Dividend of $1.25 a share on the
$5 prior preferred stock, payable Feb. 1. This will be the first distribution
since Nov. 1, 1937 on the issue when $1.25 a share was also paid.
"

Arnold Constable Corp.—Dividend of 2Jc. a share on the $5 par, com¬
stock

mon

$20,050,000 Philadelphia, Pa., 3M% callable gas revenue trust certifi¬
cates, due semi-annually from 1940 to 1957, incl., purchased
privately from the RFC at & price of 103 by Smith, Barney
& Co. and Harriman Ripley & Co., Inc., both of N. Y. City.
The bankers announced that the securities had been placed

They were issued by the city in July, 1939 in

privately.

principal amount of $41,000,000 under the plan whereby the
municipality assigned for a period of 18 years the annual
income of $4,200,000 derived through leasing for private
operation of the municipal gas works.
The RFC subscribed
for one-half of each maturity of the trust certificates or a total
of $20,500,000, and the other half was taken by Philadelphia
institutions.
The amount purchased by the investment
houses above represented the unmatured portion of the cer¬
tificates held by the Federal agency.

•

*5,500,000 Los Angeles, Calif., Department of Water and Power water¬
works refunding revenue bonds awarded to a syndicate headed
by the First Boston Corp., New York, as 2Ms and 3M|, at
par, or a net interest cost of about 2.81%.
Due serially from
1943 to 1959, incl., and reoffered to yield from 1.25% to 3%,
according to coupon rate and date of maturity.

paid Jan. 25, last and compared with
Dec. 29, 1939.to***

was

dis-tributed

MUNICIPAL FINANCING

a share on the common stock,
This-compares with 20c. a share paid on Dec. 27. last.

payable Feb. 1.

carried

■

13

MONTHLY REVIEW

FEB., 1940]

on

12&c.

share

a

Atlantic Rayon Corp.—Dividend of 10c. a share on the $1 par, common
stock, payable March 1.
This will be the first dividend paid by this

company since Sept. 1, 1937, at
of the Franklin Rayon Corp.

which time the company bore the title

Bankers National Investing Corp. (Del.)—Dividend on the class A and
B shares increased from 8c. a share to 10c. a share and became payable
on Jan. 31, last.
.
.

Bendix Aviation Corp.—Dividend of 50c. a share on the common

stocS*.

payable March 1.
This compares with $1 paid on Dec. 11, last, and
25c. on Sept. 1 and on June 1, last.
,

Best & Co.—Extra dividend of 25c. aTshare and
40c. a sharejwere paid Jan. 26 on the common

quarterly^of

regular

a

stock.

Baltimore American Insurance Co.—Extra dividend of 10c.
a

a share and
regular semi-annual dividend of similar amount on the $5 par, capital

stock, both payableJFeb. 15.
Beverly Gas &1ElectricTCo.—Dividend of $1 a share was paid Jan. 13
on the common stock and compares with 75c. a share distributed on
Oct. 14 and July 14,1939.

Biltmore Hats, Ltd.—Extra dividend of 15c. a share and a regular semi¬
annual dividend of 25c. a share on the common stock were paid on Jan. 25,
last.

5,000,000 Mississippi (State of) 3 H % highway, third series, bonds sold
by the RFC to John Nuveen & Co. of Chicago and associates,
at 105.11, a basis of about 3% •
Due $500,000 each six months
from 1950 to 1954, incl,
Reoffered to yield from 2.60% to
3 %, according to maturity.

3,500,000 Minnesota (State of) rural credit certificates of Indebtednessdue $1,500,000 in 1949 and $2,000,000 in 1950, sold to an
account headed by Lehman Bros, of New York as l%e at
100.0799, a basis of about 1.74%.
The maturities were
priced by the bankers to yield 1.60% and 1.65%, respectively.

<

Bonwit Teller, Inc.—Dividend of 60c. a share on the common stock
was paid on Jan. 24 and compares with a previous
dividend of 25c. a
share distributed on Jan. 24, 1939.

Bower Roller Bearing Co.—Dividend of 75c. a share on the $5 par common
stock payable March 20. Dividends of 50c. a share were paid in each of

3,350,000 Grays Harbor Public Utility District No. 1, Wash., 4H%
electric revenue bonds, due serially from 1942 to 1960, incl.,
and callable prior to maturity; sold at a price of par to John
Nuveen & Co. of Chicago and associates.

Boss

Manufacturing Co.—Dividend of $2

a

share

on

the $100 par common

stock, payable Feb. 26.

the five

preceding quarters.

'

Brager-Eisenberg, Inc.—Dividend of $2.50 a share was paid Jan. 22. on
the common stock and compares with $1.60 a share distributed,on this
stock

on

Jan. 30, 1939.

■

Bullock's, Inc.—Dividend of $1.50 a share Was'paid Jan. 26, last, on the
common stock, and compares|withl50c.. a share distributed on Dec. 1,
2,650,000 Georgia (State of) 2 % highway refunding bonds purchased by
—' '
< '
/
—
^
the-"Trust ee.-of-Georgia and associates-at lOLTSva-basisofi —4939. :
Central Investors Corp.—Dividend on" the 50c. par, common stock
about 1.83%.
The bonds mature March 15, 1947 and were
.

increased from 5c. a share to 10c. a share and become

reoffered to yield 1.50%.

2,200,000 Clifton, N. J., 3M% general refunding bonds purchased by
an

managed by B. J. Van Ingen & Co., Inc., New

account

York.
Due annually from 1956 to 1964, incl.
A block of
$976,000 bonds due from 1960 to 1963, incl., were reoffered
to

yield 3.50%.

2,200,000 Syracuse, N. Y., bonds sold to an account headed by the
Bankers Trust Co., New York, as 1.20s, at 100.089, a basis
of about 1.18%.
Due serially from 1941 to 1950,/incl.
Re¬
offered to yield from 0.20% to 1.35%, according to ipaturity.
2,100,000 Minneapolis, Minn., bonds awarded to Phelps, Fenn & Co.,
Inc., New York, and associates, as follows: $1,370,000 public
and work relief and storm drain issues, due from 1941 to 1950,
incl., sold as 1.80s at 100.22, a basis of about 1.76%.
Re¬
offered to yield from 0.30% to 1.85%, according to maturity.
An issue of $730,000 refunding bonds, also due from 1941 to
1950, incl., sold as lMs, at 100.03, a basis of about 1.74%.
1,892,000 Trenton, N. J., bonds awarded to

a

syndicate headed by th©

First National Bank of New York as 3s at 100.449, a basis of
about 2.96%.
Due serially from 1941 to 1970, incl.
Re¬
offered from

a

yield of 0.75% for the 1941 maturity to
1970, incl., maturities.

a

price

of 99.50 for the 1968 to

1,770,000 Buffalo, N. Y., bonds awarded to a syndicate headed by
Halsey, Stuart & Co., Inc., New York, as 2s, at 100.115, a
basis of about 1.98%.
Due from 1941 to 1960, incl., and
reoffdred to yield from 0.35% to 2.30%, according to date
of maturity.
1,700,000 Vermont (State of) storm notes, due from 1942 to 1945, incl.,
purchased by Lazard Freres & Co., New York, as 0.50s, at
100.03, a basis of about 0.49%.
Reoffered to yield from
0.15% to 0.70%, according to maturity.

1,504,000 Rochester, N. Y., public welfare bonds sold to Adams, McEntee & Co., Inc., New York, as 1.20s at 100.386, a basis
of about 1.13%.
Due from 1941 to 1950, incl., and reoffered
to yield from 0.20% to 1.30%, according to maturity.
1,370,000 Maryland (State of) certificates of indebtedness, due from
1943 to 1955, incl., awarded to an account headed by the
Bankers Trust Co. of New York as lHs at 101.748, a basis
of about 1.30%.
Reoffered to yield from 0.50% to 1.40%,
according to maturity.
1,115,000 Schenectady, N. Y., bonds purchased by the Chemical Bank
& Trust Co. and L. F. Rothschild & Co., both of New York,
jointly, as lHs at 100.57, a basis of about 1.43%.
Due from
1941 to 1955, incl., and reoffered to yield from 0.20% to
1.50%, according to maturity.
1,000,000 West Virginia (State of) road bonds awarded to an account
headed by Lehman Bros., New York, as lMs, at 100.449,
a basis of about
1.71%.
Due annually from 1940 to 1964,
incl.
Reoffered to yield from 0.15% to 1.85%, according to
maturity.
DIVIDEND

CHANGES IN JANUARY

Dividend declarations in January were largely of a favor¬
able nature.
The following list, divided into two sections*

namely, "Favorable Changes" and * 'U nfa v or able Changes,''
gives the more important of the changes:
FAVORABLE

Abraham & Straus,
on

the

no

CHANGES

Oct. 25, last.
common

March

stock

increased

from

30c.

a

share

to

40c.

a

on

the

share,

no

par

payable

1.

common

Corp.—Extra dividend of 20c.

quarterly dividend of 40c.
Feb. 15.

a

share in
the $20 par,

share on

a

stock, bothlpayable

Chain Store Real Estate Trust—Extra dividend of 20c.

Coca-Cola

Bottling

of St.

Co.

share and

a

a

both payable

regular quarterly of like amount on the common stock,
Feb. 1.

Louis—Extra of 25c. and

a

regular

quarterly dividend of similar amount were paid Jan. 20 on the common
stock.

Collins & Aikman Corp.—Extra dividend of $1.75 a share and a dividend
of 25c. a share on the common stock, both payable Feb. 20.
Columbia Pictures Corp.—Regular quarterly dividend of 685£c. a share
and 34Mc. a share, the latter on account of accruals on the $2.75 preferred
stock, both payable Feb. 15.
The above distributions will bring the
dividends on this issue up to date.
Conduits National Co., Ltd.—Dividend on the common stock increased
from 10c. a share to 25c. a share, payable Feb. 1.

Corporate Investors, Ltd.—Extra dividend of 2c. a share in addition
to two regular quarterly dividends of 5c. a share on the class A common
stock.
One quarterly dividend is payable on FetfT 15 and the extra and
other regular quarterly dividend on May 15 next.
Cosmos

Imperial Mills,

increased from 25c.

a

Ltd.—Dividend

share to 30c.

a

on

the

no

par common

share, payable Feb. 15.

'

stock
-

^

Brewing Co.—Dividend resumed on the common stock by th
payment of 10c. a share on Jan. 31.
A like amount was previously
paid on Dec. 22, 1937.

Cremo

Dan Cohen Co.—Dividend

on

the

common

stock resumed by the payment

of 25c. a share on Jan. 5.
The last previous dividend was of like amount
and was distributed on Oct. 1, 1937.

Delaware
on

the

Rayon
class

Corp.—Dividend of 80c.

A stock.

Eaton
a

Mfg.

a

share

The last previous payment

1937. amounted to 25c.

a

was

paid Jan.

made

Dec.

on

29
16,

share.

Co.—Dividend on the common stock increased from 50c.

share to 75c.

a

share, payable Feb. 23.

Eddy Paper Co.—A dividend of 50c. a share was paid Dec. 28, 1939 on the
common stock (not 25c. a share asTerroneously reported in our issue of
Jan. 4, 1940, page 14).
A distribution of 20c. a share was made on
March 31, 1938 on the above stock.

Ely & Walker Dry Goods Co.—Extra dividend of 50c. a share on the no
par common stock was paid on Jan. 15, last.etln addition, the quarterly
dividend on this issue was increased from 12He. a share to 25c. a share
and|becomes payable on March 1, next.

Equitable Fire Insurance Co. (Charleston, S. C.)—Extra dividend of
20c. a share and a regular semi-annual dividend of 50c. a share on the

$10 par, common stock, both were paid on Jan. 2.

Fairbanks, Morse & Co.—Extra^dividend of 25c. a share and a regular
quarterly dividend of like amount both on the no par, common stock,
payable March 1.
On Jan. 27, last, a special dividend of 50c. a share was
distributed

on

this issue.

Federated Department Stores, Inc.—Dividend of 50c. a share was paid
Jan. 30 on the no par common stock and compares with regular quar¬

terly dividends of 25c. a share paid during 1939.
Franklin Fire Insurance Co.—Extra dividend of 20c. a share and a semi¬
annual dividend of 50c. a share on the $5 par, common stock, both

payable Feb. 1,
Extras of 10c. and regular quarterly dividends of 25c.
a share were paid on Nov. 1, last, and in preceding quarters.

Georgia Howe Insurance Co. (Columbus, Ga.)—Extra dividend of
15c. a share and a regular semi-annual dividend of 50c. a share on the
$10 par, capital stock, both payable Feb, 1.
German Credit and Investment Corp.—Dividend of 75c.
per
cer¬
tificate on the 25% allotment certificates was paid on Jan. 26, last,

1, 1939.

Great Atlantic & Pacific Tea Co.—Dividend of $3.50 a share on the'no
par, common stock, payable Feb. 16.
This compares with $1.50 a share
on

Dec. 1, Sept. 1 and June 1, last.

Great Lakes Dredge & Dock Co.—Dividend on the common stock in¬
creased from 25c. a share to 50c. a share, payable Feb. 15.
jHI

(H. L.) Green Co.—Extra dividend of 50c.

Akron Brass Mfg. Co., Inc.—Dividend of 25c. a share
stock, payable Feb. 20.
Dividends of 50c. were paid
and 20c. on Oct. 25, last.
\

on

on

the common

Dec. 1, last,

'

'

Allied Kid Co.—Dividend on the common stock increased from 1214c
a share to 20c. a share, payable Feb. 15.
AU-Penn Oil & Gas Co.—Dividend of five cents a share was paid Jan.
15, last on the common stock, the first since Oct. 15,1938, when a similar
amount was distributed.
American Metal

Central Surety & Insurance

paid

Agnew-Surpass Shoe Stores, Ltd.-—Semi-annual dividend

Jan. 20,

,

Steel fProductslCo.—Dividend on the $1 par common
stock increased from 25c. a share to 30c. a share, payable March 1.

and compares with 40c. paid on Aug.

Inc.—Dividend of $1.50 a share was paid Jan. 25
This compared with 50c. a share paid on

par common stock.

on

•

Ohio

addition to the regular

2,200,000 South Dakota (State of) rural credit refunding bonds pub¬
licly offered Jan. 3 by Lehman Bros, of New York and asso¬
ciates, at prices to yield from 2.50% to 2.75%, according to
maturity.
Due serially from 1950 to 1959, incl.
This offer¬
ing marked the first step in the proposed refinancing of $20,425,000 of the outstanding rural credit debt.
Additional
purchases of new securities will be made by the banking group
provided that it can arrange for simultaneous surrender to
the State for cancellation of equal principal amounts of exist¬
ing rural credit bonds.

payable

last.

Central

Co., Ltd.—Dividend of 50c.

stock, payable Feb. 1.
27, last.
American

A distribution of 25c.

share on the common
share was made on Dec.

a
a

Reinsurance Co.—Extra dividend of 10c. a share and a regular
quarterly of 40c. a share on the common stock, both payable Feb. 15.
American Steel Foundries Co.—Dividend of 25c. a share on the common
stock, payable March 30.
This will be the first paid on this issue since
March 31, 1938 when 25c. a share was also distributed.




a share and a regular quarterly
of like amount on the $1 par, common stock, were paid on Jan, 18. last.

(C. M.) Hall Lamp Co.—Dividend of 30c.
on

the

new

a

share

was

paid Jan. 25,

last*,

$5 par common stock.
Last previous distribution amounted
and was paid on the old no par stock on Dec. 30, 1938.

to 10c. a share

Heyden Chemical Co.—Special dividend of 25c.
dividend fo 50c.

a

share

on

a

share and

a

quarterly
payable

the $10 par, common stock, both

March 1.
Previously regular quarterly dividends of 40c. a share were
distributed.

Holland-American Line—Year-end dividend of 8% declared
with a previous year-end dividend declaration of 5%.

and

com-

mpares

Home Insurance Co.—Extra dividend of 20c. a share and a semi-annual
dividend of 60c. a share on the common stock, both payable Feb. 1.

Previously an extra of 10c. a share and a regular quarterly of 30c. a share
paid on Nov. 1, Aug. 1 and May 1, 1939.

were

(Geo. A.) Hormel & Co.—Dividend on the common stock increased from
37Mc. a share to 50c. a share, payable Feb. 15.

v

MONTHLY REVIEW

14
Institutional Securities, Ltd.—Initial dividend
Aviation Group shares, payable March 1.

of 20c. a share on the

Jefferson Standard Life Insurance Co.—Semi-annual dividend on the
common stock increased from 50c. a share to 75c. a share and became

Kennedy's, Inc.—Dividend of 65c. a share was paid Jan. 20, last, on the
common stock.
This compares with 20c. a share distributed on Nov.
25, last.

(S. S.) Kresge Co.—Extra dividend of 15c. a share and a regular quarterly
dividend of 30c. a share on the common stock, both payable March 13,
The directors also declared the regular quarterly dividend of 30c. pay¬
13,

June

and

next.

dividend of 20c. a share
of 30c. a share on the common stock,

National Life Insurance Co.—Extra

Lincoln

regular quarterly dividend
payable Feb. 1.

a

both

Stores, Inc.—Extra dividend of

Lincoln

stock

common

Jan. 26.

on

Corp.—Extra dividend of 50c. a share and a quarterly dividend
share on the common stock, both payable Feb. 29.
McLellan Stores Co.—Dividend qf 40c. a share on the common stock,
was paid on Jan. 25, last, and compares with 20c. a share distributed on
of 12}4c. a

1, last.

/

v

Meier & Frank Co.,

quarterly of 15c.
29, last.
a

Assurance Corp.

2.
(Colo.)—Dividend of 15 7-10c. a share on
A distribution of lHc. a share was

stock, both payable Feb.

common

Nation-Wide Securities Co.
the

stock, payable Feb. 1.

common

paid

Dec. 23, last.

on

Naumkeag Steam Cotton Co.—Dividend of
8

the

on

75c.

50c. a share was paid Jan.

The last previous distribution amounted to

stock.

common

25, 1938.

share and was made on Nov.

a

of $1.25 a share was paid Jan. 27 on
several years.
dividend of 15c. a share and
share were paid on Feb.. 1.

New Bedford Rayon Co.—Dividend
the class A stock, the first paid in

New Brunswick Fire Insurance Co.—Extra
a

semi-annual dividend of 75c. a

Colony Investment Trust—Distribution on the common stock in¬
a share to 25c. a share and became payable on Jan.
X.—I'—
; .' '/•
Outlet Co.—Extra dividend of 50*c. a share and~a quarterly dividend of
75c. a share on the common stock, both became payable on Jan. 25, last.
Old

creased from 20c.

-

these issues on Nov.

15, last.

Inc.—Dividend of 20c. a share was declared payable
and compares with 30c. a share distributed

Records,

Decca

Feb. 27 on the common stock

and April, 1939.

in August

Oahu Railway & Land Co.—Dividend on the common stock reduced
15c a share to 10c. a share and became payable on Jan. 15, last.
Service Corp. of N. J.—Dividend of 60c. a share
common stock, payable March 29.
This compares with

Public

Sept. 30, last.
Ltd.—Dividend on the $8 par common stock
20c. a share, and became payable Jan. 15.
Southeastern Greyhound Lines—Dividend on the common stock re¬
duced from 50c. a share to 37Hc. a share and became payable on Jan. 31.
distributed on Dec. 20 and on

Carlos Milling Co.,

COURSE OF THE STOCK

MARKET DURING JANUARY, 1940

in stocks were still groping in

and speculators

Investors

clue to tlie course of business in this
country under war-time conditions in Europe and the Far
East.
As they groped they left the stock market, for the
most part, severely alone,
The stalemate in the market
thatr has existed since the middle of September remained
unbroken.
While the relative stability of stock prices indi¬
cated that no acute slump in business activity was expected,
January

it

find

to

that the investing and specu¬
unconvinced that business
reasonably prosperous level under a regime

evident, nevertheless,

was

remained

communities

lative

could hold to

of

a

a

share on the $5 preference stock,
of $1 a share was paid on Dec. 1, last,
being the first paid since March 1, 1938.
Panhandle Eastern Pipe Line Co.:—Special year-end dividend of $1.50
a share was paid on the no par common stock, Jan. 31, last and compares
$1.25

a

Penn Traffic Co.—Extra dividend of 7He. a share and a
dividend

annual

of like

amount

the common stock

on

Jan. 25, last.

regular semi¬
paid on

were

•

Pepperell Mfg. Co.—Dividend of $3 a share on the capital stock, par $100,
payable Feb. 15.
Dividends of $2 were distributed on Aug. 15 and
Feb.

1939.

15,

.

Portland Gas Light

Co.—Dividend on the $6 cumulative preferred stock
$1 a share and become

value increased from 75c. a share to
payable on Jan. 15, last.
of

no

par

Pressed Metals of America, Inc.—Dividend of 25c. a share on the com¬
mon stock for the current quarter, payable March 1.
This will be the
first to be distributed since Dec.20,1937 at which time a regular quarterly
of 50c. a share was paid.

1.

1938 and 85c.

a

share on the class B stock of no par value,

a

A distribution of $1 a share
share on June 30, 1936.

was

made on July 15,

Rath

Packing Co.—Stock dividend of 66 2-3% on the common stock,
payable on Feb. &.
This distribution will bring the company's
issued capital to $8,000,000, including $3,000,000 in preferred stock.

Co.—Dividend of 15c. a share on the common
payable Feb. 1.
A special of 25c. a share was paid on Dec. 29,
a regular quarterly of 10c. on Nov. 1, last.

Reliance Manufacturing

stock,

last, and

resumed on the common stock with
Jan. 22, last, the first paid since July 15,

Rice-Stix Dry Goods Co.—Dividend
the payment

of 50c. a share on
a share was distributed.

1937 when 25c.

Rich's, Inc.—Extra dividend of 50c.
common

share was paid Jan. 25, last on the

a

stock.

Rike-Kumler

Co.—Dividend

on

the common stock of no par value in¬

creased from 50c. a share to $1 a share and was

Rolland Paper Co.—Dividend on the common
a share to 15c. a share, payable Feb. 15.

paid

on

Jan. 23.

stock increased from 12c.

Scotten Dillon Co.—Dividend
a

share to 50c.

a

on

the $10 par, common stock

share, payable Feb.

increased

15.

Southern California Edison Co., Ltd.—Special dividend of 40c. a share
and a regular quarterly of 37He. a share on the common stock, both

payable Feb. 15.
Southern

Pipe Line Co.—Dividend

from 15c.

a

share to 25c.

on

the $10 par, capital stock increased

share, payable March 1.

a

Springfield Gas Light Co.—Dividend
from 25c.

a

share to 30c.

a

on

the

common

stock increased

share and became payable on Jan. 15.

Standard Dredging Corp.—Special dividend of 10c. a share on the com¬
mon stock, payable March 1.
Previously a distribution of 40c. a share
was made on Dec. 1, 1937.

(A.) Stein & Co.—Dividend
20c

a

share to 25c.

a

on

the no par, common stock increased from

share, payable Feb. 15.

Swan-Finch Oil Corp.—Dividend on the common stock resumed by the
declaration of 20c. a share, payable Feb. 15. The last previous payment
amounted to 25c. a share and was made on June 25, 1937.

Triumph Explosives, Inc.—Extra dividend of 2He. a share and a regular
quarterly of 5c. a share were paid Feb. 1, 1940 on the capital stock.
Union

Storage Co.<—Dividend of 25c.

stock,

payable Feb.

10.

This

will

a share declared on the common
be the first dividend to be paid in

several years.

United Shoe Machinery Corp.—Special dividend of $1.50
common
was

stock, payable Feb. 14.
on Jan. 5, last,

A regular quarterly

a share on the
of 62He. a share

distributed

United States Pipe & Foundry Co.—Four dividends of 50c. each on the
outstanding common stock were declared payable March 20, June 20,

Sept. 20, and Dec. 20, respectively.
United States

Plywood Corp.—Dividend of 30c.

stock

a

share

was paid on Jan.
31, last.
The last previous
12 He. a share and was made on April 25, 1938.

on the common

payment

totaled

Vanadium Alloys Steel Co.—Dividend of 75c. a share on the common
stock, payable March 2. This compares with 50c. distributed on Dec. 2,
last, and 25c. a share on Sept. 2 and on June 2, last.

(Raphael)

Weill

& Co.—Extra

annual dividend of $3

a

share

dividend of $5 a share and a regular
paid Jan. 20 on the $100 par, common

were

Westinghouse Electric & Mfg. Co.—Dividend of 87He. a share on the
$50 par, common stock payable Feb. 29.
This compares with $1 on
Dec. 22, last, and 75c.

a

share paid

on

Nov. 29 and Aug. 31, last.

(H. F.) Wilcox Oil & Gas Co.—Dividend on the common stock resumed
by the declaration of 10c. a share, payable Feb. 15. The last previous
payment amounted to 25c. a share and was made on May 10, 1928.
Woodall

market

in

the

month

Industries, Inc.—Dividend

the common stock resumed with
the payment of 10c. a share on Jan. 30. last.
The last previous pavment
amounted to 25c. a share and was made on Sept. 15, 1937.




on

a

January

during

fixed

was

did

to trade.

extreme dulness in the market
habit, inactivity in the stock

exceptional.
On only two days
amount to as much as

turnover

For the entire month dealings aggregated
shares, making it the poorest month for
turnover since last August and the leanest January since
1922.
Bond turnover was in an even worse case, the pace
1,000,000 shares.

15,990,005

of

being the slowest since

dealings

the total

was

The December

1918.

17,773,413, while for January, 1939,
25,182,350 shares.
Transactions in the bond

stocks

in

volume

was

department of the New

York Stock Exchange amounted to

value as against $159,011,000 in Janu$106,790,500 in January, 1918. the previ¬

only $144,917,000 par

1939,

try,
ous

and

low.

direction

the

for

of prices,

it

can

be said

that the

toward higher levels in the first few days
of the new year.
The index of 50 industrial and railroad
stocks compiled by the New York "Times" stood at 111.78
on
Jan. 3, the highest level since last October.
At that
tendency

was

weakness appeared which in the
drove the index downward

however,

point,

second

month

the

of

week

rather

abruptly to the 104.69 level on Jan. 15, a new low since
early September.
After a quick rebound of about 2 points
at that time, the stock index moved in a narrow range
until the month end, with the closing level, at 106.44, off
3.56

Thus all but 0.10 point of the December

points net.

of 3.66 points was

On
were

lost.

basis, the 25 rail stocks in the index
than the 25 industrials, as the former yielded

percentage

a

weaker

The industrial groups which proved
railroad equip¬
The greatest resistance
was shown
by the aircraft stocks, the foods, and utilities.
The foods and utilities, indeed, closed with slight gains on
the average, and the oils failed by only a slim margin to
register f a gain.
The plight of the stock market was manifested not alone
in the very low trading volume.
In the first quarter of
1937, when industrial production was no higher than in
the first month of the present year, the stock index was
approximately 35 points above its level at the end of Janu¬
ary.
Three years ago stock volume amounted to 58,671,416
shares as against 15,990,665 last month, and bond volume
was $342,687,000 compared with $1^4,917,000.
In part, this
lower level of prices and spiritless trading reflects uncer¬
tainty over the outlook for business.
It was evident as
January progressed that the very high level of industrial
production in the last quarter of 1939 was enjoyed to a
good extent at the expense of business that would normally
have developed in the first quarter of 1940.
The index of
industrial output compiled by the Federal Reserve Board
rose to 128 in December,
the highest level ever reached, 2
points above the 1929 high.
Signs multiplied in January
of a slackening of the industrial pace.
Steel mill operations
dropped to 77.3% of capacity at the close of January from
94.4% in the beginning of December, with new bookings
at the month-end running at the rate of only 50% of pro¬
ductive
capacity.
While automobile output showed the
5% and the latter
ments

and

3%.

in January were the steels,

most vulnerable

smallest

stock.

but

all

become

advance

Royal Typewriter Co.—Dividend of $1 a share was paid on the common
stock, on Jan. 15, last and compared with four quarterly dividends of
76c. a share distributed during 1939.
from 40c.

Even in these" times, when
has

As

Randall Co.—Dividend of 25c.

payable Feb.

j

only

1939.

with 50c. paid on Nov. 10,

business at home and

governmental antagonism toward

24, last,

Oxford Paper Co.—Dividend of
payable March 1.
A dividend

from

share on the
65c. a share

decreased from 50c. a share to

Inc.—Extra dividend of 25c. a share and a regular
share on the common stock, both were paid on Jan.

of N. Y.—Extra dividend of 25c. a
regular semi-annual dividend of 75c. a share on the $12 H.

Merchants Fire
share and

a

on

Chicago Mail Order Co.—No action taken with regard to the dividend
normally payable on March 1 on the $5 par, common stock.
A regular
quarterly dividend of 25c. a share was paid on Dec. 1, last.

San

Mfg. Co.—Dividend of $5 a share on the preferred stock,
payable March 1. This will be the first dividend paid since March 1931,
when $2.50 a share was distributed.

Merrimack

'

UNFAVORABLE CHANGES

Corp.—Dividend of 50c. a share on the common stock,
payable Feb. 2.
Regular semi-annual dividends of 70c. a share were
paid on Aug. 1, and Feb. 3, 1939.
Associated Telephone & Telegraph Co{—Dividend of 28c. a
share
on the 7 % 1st preferred stock and 24c. a share on the $6 1st preferred stock
payable Feb. 15.
Dividends of 49c. and 42c. respectively were paid

25c. a share was paid on the

Lionel

Nov.

stock, payable Feb.
sine© 1923

Amerex Holding

payable Jan. 26.

able

Knitting Mills, Ltd.—Dividend of 20c. a share on the common
15. This will be the first paid on the common shares

York

manufacturing issues.

decline

four years, car

from

loadings

December
were

awards in the first three weeks of

in the year and mortgage

by the

Federal

downturn

sharp
below

in

to

lower.

January

in

the

last

Construction contract

January

were

21% lower

applications selected for appraisal

Housing Administration were lower.

industrial activity has

The
been accompanied by a

downturn in commodity prices, with wheat falling
$1.00 a bushel again, cotton giving up a good part

steel all yielding ground
The steadiness of the market gave reason to believe that
investors did not look for a major slump in business, but
on the other hand, it was obvious that few speculators were
willing to gamble on a quick recovery of the ground lost
by business.
zinc, lead, tin and

The

backwardness

certain

.

scrap

the

of

stock

mirrored also a

market

market community
that the Administration would ever try to meet the con¬
ditions necessary for-a business recovery.
The continua¬
tion of public spending, though on a reduced scale; the
feeling

of

hopelessness

official 'recommendation

of

the

in

In the bond market recovery

silk, hides, rubber,

of its gains late last year, and hogs, raw
copper,

15

MONTHLY REVIEW

Feb., 1940]

the jocular atti
tude of the President toward the third-term issue, and the
meddling of the Securities and Exchange Commission with

marked the course of high-

grade corporate bonds early in January, moving the average
rating of Aaa bonds as computed by Moody's Investors
Service

by one-half

high

previous
declines

in

point to a new high peak since the
in July last.
Subsequent

a

level established

utilities cut into former
thereby reduced the
average price at the month's end.
Lesser-grade bonds ad¬
vanced more than a point the first week of January, but
later reversed the trend.
Municipal obligations likewise
showed progress the first 10 days of the month, but closing
levels

best-grade

rails

and

one-quarter of a point, and

gains by

were

higher taxes;

bit

a

shaded.

THE MONEY MARKET

As

JANUARY

DURING

opened at 30% Jan. 2, advanced to 32% Jan. 31, closing
General Electric opened at 40% Jan. 1, moved
ahead to 41 on Jan. 2, and closed the month lower at 37%.

of January brought
another large increase in
excess member
bank reserves
which on Jan. 24 reached the unprecedented total of $5,590,000,000, and were $5,560,000,000 on Jan. 31.
The previous
high for this figure was attained on Oct. 25, 1939, when
the
total
was
$5,530,000,000.
As heretofore, continued
heavy arrivals of gold from abroad, and the further reduc¬
tion in Treasury cash balances through the excess of Gov¬
ernment disbursements over receipts, played an important
part in enhancing the reserve position, but in addition, a
major factor was the seasonal retirement of currency from
circulation, the amount of which, for the five weeks ended

United

Jan.

Jan.

the current month

the capital market in the cause of competitive bidding have
all conspired
to make securities trading relatively less

attractive than in former years.
As to the fluctuations in

individual stocks, Allied

Chemi¬

cal &

Dye declined from 179 Jan. 3 to 171 % Jan. 30, with
the close Jan. 31 at 172%.
American Tel. & Tel. moved
down from

172% Jan. 5 to 167% Jan. 15, closing with some
31 at 170%. Consolidated Edison Co. of N. Y.

recovery Jan.

unchanged.

States
Steel slumped from
66% Jan. 2 to 55%
22, closing Jan. 31 at 56%.
Steel preferred also weak¬
ened, selling off from 117% Jan. 2 to 115% Jan. 22, although
showing subsequent recovery Jan. 31 at 117%.
Westinghouse Elec. & Mfg. opened Jan. 2 at 116%, rose to 118

31

be

to

was

reached

the month

foreseen,

total

a

of

is to be anticipated,

rency

neutralized through

Although during

$287,000,000.
reversal

seasonal

a

the flow of

in

cur¬

this factor appears likely to be

further heavy Treasury disbursements

and foreign gold accessions.

Government financing during

Jan. 4, slipped back to 105%

108%.
;

In

the

January was limited to Treasury bill issues totaling $500,Jan. 15, and closed Jan. 31 at
li§t Atchison Topeka & Santa Fe JXKUKK) as agamsb-bill-nmturitiGs4ii--tlie-aggFegate •sum-of-

railroad

fleclined'froxn 25% Jilfr. 3 to 22% Jan. "22, recovering Jan. 31

$650,000,000.

to

Baltimore & Ohio receded from 6% Jan. 2 to 5%
22, the closing Jan. 31 being slightly higher at 5%.
Chesapeake & Ohio moved down from 42% Jan. 8 to 39

but

Jan.

for

23%.

Jan.

19,

to show

Delaware

York

&

fractional

Hudson

Central

reached

its

16.

12%

23%

Jan.

Jan.

31

at

39%.

3,

top

its low point of the month
at

improvement

touched

dipped to 18%
30, closing the month slightly better at 18%.
New

Jan.

on

Southern

Jan.

15,

Pacific

with

figure Jan. 3 at 18% and
Jan. 22 at 15%, closing Jan. 31
down

moved

close

the

from

31

Jan.

15%

Jan. 3 to

12%.

at

Northern

for

bank

the

the

at

93%,

following table

current

and

month

foreign

in

government

indicate

we

the

the

active

more

fluctuations

domestic

for

corporate

bonds:

Foreign Bonds

Opening

Closing

Price

Lowest

Argentine Nation 4%s
Australia 5s

1948

94%

94

1955

84

1955

Brazil 8s

1941

Highest

88% Jan.

Belgium 6s

Canada (Dominion) 4s
1960
Colombia 6s
.Oct 1961
Denmark 6s
1942
Finland 6s.

2

Jan.

95% Jan.

12

2

91

Jan.

25

95

Jan.

8

23

Jan.

25

2

17% Jan.

9

27% Jan.

16

4

30

2

63%
43%
69%

63

Jan.

6

40

Jan.

2

70^

69% Jan.

9

79 %

77% Jan.

25

1952

48

Jan.

25

1965

52%
72%

61 % Jan.

18

1940

24

21 % Jan.

16

San Paulo 7s

31 % Jan.

67% Jan.
/6

Jan.

72

10

Jan.

3

82% Jan.
53% Jan.
73% Jan.

11

34

Jan.

27

64% Jan.
109^ Jan.

5

3
13

Railroad and Industrial Bonds
63 %
108 %

61

Jan.

12

108

Jan.

26

106

Bait & Ohio RR conv 4^8. .I960
Bethlehem Steel 3^s debs..1952
Boston A Maine 5s
1967

104% Jan.

12

108 Vg

4

15

18% Jan.

4

19

107% Jan.

105%
15%
106%

41 % Jan.

15

15

107^
44 K

Jan.

48

3
4

Jan.

85%

88% Jan.

30

87% Jan.

20

24

28% Jan.

6

27% Jan.

24

Com'wealth Edison deb 3^8.1958

128^
62%
17H

1943

Erie RR 5s

1967

Great Northern RR 4s

ser

G.1946

125

Jan.

15 130

3

15

63% Jan.

3

14% Jan.

22

18

Jan.

3

99% Jan.

103

Jan.

58% Jan.

17 104

Jan.

3

14%
100%

76% Jan.
46% Jan.

5

75%

Interboro Rapid Transit 5s.. 1966
Internat Tel & Tel deb 5s...1955
Manhattan Ry consol 4s
1990

74 %

74% Jan.

43%
78H

42

Mo-Kan-Texas 5s

19

ser

A

1962

Missouri Pacific 5s

1977

N Y Central 4%b A

2

Jan.

15

78% Jan.
15% Jan.

2
19

60

5

43%

Jan.

24

80%

19% Jan.

2

16%

82

14%

18^ Jan.

24

51 % Jan.

22

56% Jan.

3

52

67 %

53% Jan

22

59% Jan.

3

53%

57%
80%

1960

13% Jan.

55

.1.2013

N Y Chic & St L 4^s C....1978
Northern Pacific 6s
2047

Portland Gen Elec 4^8
Postal Tel & Cable 5s

46%
85%
26%
127%

53

Jan.

19

60% Jan.

4

55

67% Jan.

24

12

81% Jan.

5

18

17% Jan.

15

19% Jan.

24

18%

95

15

96% Jan.

10

96

3

Jan.

48%

45% Jan.

15

61

57

Jan.

23

50% Jan.
61% Jan.

14%

Southern Ry 4s
1956
Third Ave adj income 5s....I960

13^ Jan.

15

15% Jan.

3

72%

45%
57%
15

VOLUME OF BUSINESS ON THE STOCK EXCHANGE

Month of January

1940

Stock sales—No. of shares

1939

15,990,665

1938

25,182,350

Bond sales (par value)—
Railroad and miscellaneous $120,903,000 $131,490,000
Foreign government......
20,254,000
20,540,000

United States Government
Total bond sales

3,760,000

Month of January

ON

THE

1940

Stock sales—No. of shares..
Bond sales (par value)—

Foreign government
Foreign oorporate..

1937

58,671,416

$128,981,000 $267,568,000
20,576,000
49,481,000
16,353,000
25,638,000

$144,917,000 $159,611,000 $165,910,000 $342,687,000

VOLUME OF BUSINESS

Domestic

7,581,000

24,151,931

CURB

EXCHANGE

1939

1938

1937

3,221,766

4,357,245

4,174,779

19,529,347

$39,492,000
325,000

...

$41,168,000

$25,851,000
538,000

$56,354,000

420,000

433,000

432,000

621,000

1,995,000

$40,250,000

$42,020,000

$27,010,000

$60,089,000

...




the

gold

total

early, part

the

of

the

month

caused

by

the

mild reaction developed during

the latter

part of the period, reflecting scattered fears of
intensification of the European war and result¬
ing repercussions in this country.
Average yields on threeto five-year Treasury notes stiffened from 0.46% Dec. 30
an

early

to 0.50% Jan. 30, those on longer term Treasury bonds from
2.30% to 2.34%, while average yields on 91-day Treasury
bills receded from 0.007% to 0.004%.
On the Stock Ex¬
change the rate for call loans continued unchanged at 1%.
CALL LOAN RATES ON THE NEW YORK STOCK EXCHANGE

LOW

High

Renewal

Low

Jan.17...

High

1

Renewal
1

1

Jan.

1...

Jan.

2...

1

1

1

Jan.18...

1

1

1

Jan.

3...

1

1

1

Jan.19.__

1

1

1

Jan.

4...

1

1

1

Jan.20...

1

1

1

Jan.

6...

Jan.

7...

Jan.

Holiday

5...

Jan.

8...

Jan. 21...

1

1

Jan.23...

1

1

1

Jan.24

1

1

1

Jan.22

Saturday
Sunday
1

Saturday
Sunday

I

1

Jan.

9...

1

Jan.25...

1

Jan.

10...

1

1

1

Jan.26...

1

Jan.

11...

1

1

1

Jan.27...

1

1

1

Jan.28...

1

1

1

1

1

1

1

Saturday

Jan.

12...

Jan.

13...

Saturday

Jan.29...

1

1

1

Jan.

14...

Sunday

Jan.30...

1

1

1

Jan.

15...

Jan.31...

1

>■ 1

1

Jan.

16...

1

1

1

1

,

1,740,000

Trading
because

1

Sunday

1

bill

of

in

bankers'

offerings.

acceptances

continued

the

remained

inadequate

supply

dull, chiefly
of available

Total outstanding acceptances, according to
of the Acceptance Analysis Unit of the

the monthly survey

Federal

Reserve

Bank

of

New

York,

published

Jan.

11,

$232,644,000 Dec. 30 against $222,599,000 Nov. 30 and
$269,605,000 Dec. 31, 1938.
Import bills rose from $05,649,000 Nov. 30 to $102,563,000 Dec. 30, export bills from
$37,373,000 to $38,753,000, domestic warehouse credits from
$39,641,000 to $44,114,000, while bills based on goods stored
in or shipped between foreign countries declined from $23,736,000 to $21,981,000, and domestic shipment bills from
$10,659,000 to $9,617,000.
Bills held by accepting banks
aggregated $175,409,000, of which sum own bills totaled
$105,497,000, and bills of others, $69,912,000.
Rates for
bankers' acceptances continued to be quoted at %% bid and
7/16% asked for 30-day, 60-day and 90-day bills; at 9/16%
>id and %% asked for 120-da.v bills* and at %% bid and
9/16% asked for bills running 150 and 180 days. The New
were

York

Federal

Reserve

Bank

in

its

"Monthly Review" dis¬

cussed conditions in the market for bankers'

acceptances as

follows:

"No
Total bond sales.

$40,000,000,

to

rose

16%

95%

1953

Shell Union Oil 2>^s.^
1954
Southern Pacific Co g 4^s._1969

amounting

of idle funds, a

Sl%

104^ Jan.

18

gold

during

67

63

the

$6,946,000 Jan. 31.
Total member bank reserves advanced
steadily from $11,493,118,000 Dec. 27
to $12,149,576,000
Jan. 31.
Following further strength for gilt-edge securi¬

79%
49%

Jan.

19 107

Bklyn-Manhat Transit 4^8.1966
Chicago Great Western 5s__1982
Delaware & Hudson 4s

20%

30 lOl^g Jan.

..1954

Amer & For Power deb 5s...2030
Amer Tel & Tel 3%s.
1961
Atcb Top & 8 Fe gen 4s
1995

95%
89%

96% Jan.

67H

.1951

Price

16

Jan.

40

1945

Italy (Kingdom) 7s.
Japanese Govt 6%s.Milan 6%b
Norway 4Ms

89

94%
17%
101%
30^

Jan. 31

of

portions

on

Chicago district, bids
Treasury offerings were

the

approximately $290,000,000 to a
new peak of close to $18,000,000,000.
Discount holdings of
the 12 Reserve banks receded from $8,051,000 Dec. 27 to

ties

Range During January, 1940

of taxes

par.

of the country

abundance
Jan. 2

in

for these

special demand

,

stock

the

a

Gold imports during the four weeks
ended Jan. 24 aggregated $229,200,000, of which amount
$68,800,000 came from Canada, $37,700,000 from Japan, $20,600,000 from Holland, $19/300,000 from England, $17,600,000
from
South Africa, $16,700,000 from
Norway, and $15,300,000 from Sweden.
Including a decrease in the sum of
earmarked

In

particularly

considerable

slightly above

Pacific

Jan. 31

with

obtaining exemption

of

purpose

deposits,

at

also sold off Jan. 18 to 7% after opening Jan. 2
8% and extending its range to 9% on Jan. 3; the close
Jan. 31 was 8%.
Union Pacific lost ground, moving down
from 97%
Jan. ,4 to 93 Jan. 15, with modest recovery

Partly- because of this lessened supply of bills,

mainly in connection

bills

change

occurred

during

January

in

the

quiet

con¬

ditions that have prevailed in the bill market for some time

MONTHLY REVIEW

16

OF THE FEDERAL

RETURNS

quoted rates were steady. At the end
of December the value of bills outstanding totaled $?33,000,000, an increase of about $10,000,000 over November, the
largest portion of which occurred in the import classifica¬
tion, which reached the largest total in nearly two years.
In addition, domestic warehouse credit bills expanded to
the highest total in a year.
The primary influences in the
$37,000,000 decline in outstandings from the level of a year
previous have been reductions in bills based on goods stored
in or shipped between foreign countries, and in export bills."
past, and dealers'

Continued

reserves

...II'

4

%a9it
%a9it
%a9it

9i taX

Xaht

Xa9it

Xa7n

•i taX

%a91«

Xa7it
Xa7 it
Xa7\t

h tax

%a9it

^a9u
Xa9 it

htaX

Vtaht

Xa7it
Xa7it

htaX
Bi6 aX

Xaht

Xa7it
Xa7 n-

h tax

Xa9it

htaX
9i taX
h taX

Xa9 is
Xaht

The

%a9it

htaX
htaX

Xa7 it

Xa7it
Xa7it

.....

htaX

Xa716
Xa71#
Xa7 it

Xa7 is

Xa7\t

3....
5

Xa7 ie

Xa7 it
Xaht

XOJ16

Xa7 ie

%a9it
Ha9it

8....

10

Xa7it
Xa7it
Xa7it

11....

Xa7it
Xa7 it
Xa71#

Xaht

9_.._

Xrt 19

9

12....

Xa7it

.....

Saturday

13

Sunday

14....
16

.....

XoJ 16
Xaht
XW ti

.....

Xaht

17

18....
19

h taX

Xa9n

htaX

Xa9it

Xa9it
Xa9it
Xa9 it
Xa91#
Xaht

htaX

Xa9 is

Xa'it

9itaX

Xa9 it

-Ji§aX.

Xaht

Xaht
Xa9 it

Xaht
Xaht
Xa7 it
Xaht
Xaht

Xa7 it
Xa7it
Xa7it
Xa7it
Xa7 it

Xa7 18

16....

Xa9 ie

Sunday

21....
22

Xa7\t
Xa7it

Xa7it

$67,000,000 than the increase in the gold

stoffk

Xa71#
Xa7 is

XaZtt

greater by

rise

Saturday

20

United States at the close of January

$17,931,000,000 level, which was, of course, a new
high record. This increase in the gold stock resulted to the
extent of $40,000,000 from a decline in the gold held in this
country under earmark for foreign account, according to
the Federal Reserve Bank of New York.
Earmarked gold
at the end of January, the Bank said, totaled $1,125,000,000.
In addition to these receipts from other countries and the
releases from the earmarked stock, the Treasury made fur¬
ther use of its supply of free gold, as indicated by the fact
that gold certificate holdings of. the Federal Reserve banks
were
enlarged by $378,326,000 in the five-week period, a

Xa9 it
Xa'n
Xaht
Xa9it

Xa9 it

in

rise

the

at

Sunday

7

to the slight

gold holdings of the

Saturday

6

Treasury's balance in the Federal Reserve
reduction in the volume of excess
the final week of January.
of $311,000,000 in the gold stock left the total

and a rise in the

banks led

Holiday

1

to force excess reserves of member
levels ever before attained.

January

ward to the highest

180 Days
150 Days
120 Days
90 Days
60 Days
30 Days
Secured by
Bid & Ask Bid & Ask Bid & Ask Bid & As,
Accent' ces Bid & Ask Bid <& Ask

2

holiday

banks up¬
Fed prin¬
cipally by the $311,000,000 rise in the gold stock and the
$287,000,000 decrease in currency circulation in the five
weeks to Jan. 31, excess reserves increased $510,000,000 net
to a month-end total of $5,560,000,000.
While this latter
figure was $30,000,000 above the old high reached last
Oct. 25, it was, nevertheless, $30,000,000 under the high
of $5,590,000,000 attained on Jan. 24.
Month-end factors

in

Call Loans

Jan.

receipts of gold from Europe and the
currency from circulation combined

heavy

of

retirement

ACCEPTANCES

PRIME BANKERS*

RESERVE BANKSYORK CITY

BROKERS' LOANS IN NEW

Ha7 it

of $287,000,000 in currency circulation in
-lhe-.fiveweekstoJaH;31',-prediKriTig'theamountoutstanding-~
~Haht
Xaht
htaX.
Xa7it
Xaht
25:.::
ih the hands of the public to $7,376,000,000, was sbmewhat
Xaht
9ie aX
Xa9it
XaJ
Xa7it
Xaht ■
26....
smaller than normal
seasonal expectations would have
Saturday
27
Sunday
28....
called for.
By the end of January currency circulation is
Xa9
Xaht
htaX
Xa7it
Xa7it
Xa7
29!...
Xa9it
h taX
Xa'it
customarily at its low point of the year, but this year the
Xa7
Xa7it
30....
Xa7it
Xa9it
h taX
Xaht
XaJit
Xa7
Xa71«
31....
post-holiday recession amounted to less than half of the
increase from the low of last summer to Christmas week.
Time loan rates on security collateral were again quoted
On Jan. 31 the amount of currency in use was $713,000,000
at the nominal levels of 1%% for 90-day loans and 1%%
larger than that outstanding on the corresponding date a
for loans extending to 180 days.
In view of the extreme
.....

23....

«

*

•

»

»

:

24.

v

~

Xa7 ie

18

t

The net decline

.

.

'

18

m

m

m

•

m

m

ie

ie

m m

m

it

m

u

dulness
tions

in

trading, virtually no new accommoda¬
and transactions again concerned

security
asked

were

for,

mainly the renewal of older loan contracts.
OF TIME LOAN RATES

RECORD

DAILY

ago.

year

The

of

decline

$59,000,000

in

Treasury

cash

and the

$8,000,000 rise in Treasury currency contributed toward the
further upbuilding of member bank surplus reserves.
Off¬

included the $96,deposits in the Reserve banks,
the $65,000,000 shrinkage in the volume of Federal Reserve
credit, and the $38,000,000 expansion in' non-member de¬
posits and other Federal Reserve accounts.
Foreign cen¬
tral bank deposits in the Federal Reserve banks declined
$527,000 in the five weeks to a total of $407,313,000, but
other deposits were
up $45,323,000 to a total of $315,284,000. With bank reserves rising so appreciably, member
banks repaid $1,105,000 of their borrowings from the Fed¬
eral Reserve banks, bringing the amount of bills discounted
sets

additions to bank reserves

to these

573,000 increase in Treasury's

Rates on Mixed Collateral

30 Days
1...

Jan.
Jan.

2
3

IX
IX

Jan.

4

IX

Jan.

5

IX

Jan.

6...

IX

IX

IX

IX

IX
IX

IX

IX

IX

IX
IX

IX
IX

IX

IX
IX
IX
IX

IX
IX
IX
IX

IX
IX
IX

IX
IX
IX
IX

IX
IX

.

IX

Satur day
i

Sun day

Jan.

7...

Jan.

8

IX

IX

Jan.

9

IX

IX
IX

Jan.10...

IX
IX
IX

Jan. 11...
Jan,12...

IX
IX
IX
IX
IX

IX
IX

IX

IX

-

■

down

Jan.15

IX

Jan. 17...

IX
IX
IX
IX
IX

IX

Jan.16

IX
IX
IX

Jan.18
Jan. 19

IX

IX

IX
IX

IX

IX

IX

IX
IX
IX
IX
IX

'

IX

IX
IX
IX
IX

IX

'

IX

IX

Satur day

Jan.20

Sun day

Jan.21
Jan. 22

IX

IX
IX
IX
IX
IX

Jan.23...
Jan. 24

Jan.25
Jan.26

IX
IX
IK

IX

IX

IX

IX

IX
IX
IX
IX

•

IX

IX

IX

IX

IX
IX

IX
IX

IX
IX

IX

IX

IX

Satur day

Jan.27

Sun day

Jan.28...

Jan.30
31...

Commercial paper,

IX

IX

IX
IX

IX

IX

/

IX
IX
IX

IX
IX

IX
IX
IX

IX
IX
IX

Jan.29

IX

chiefly because of seasonal influences,
available offerings were

in somewhat larger supply, but

by

the undiminished

bank investment

promptly

absorbed

demand.

While rates for average grade prime four- to

six-

remained at the previous range of %% to 1%,
the portioii sold at the lower rate of %% showed a further
distinct increase, and scattered sales of unusually choice
grade paper of short maturity were reported at %%.
month paper

Under date of Jan.
York

announced

12 the Federal

that

of New

Reserve Bank

received

returns

from

commercial

dealers showed a total of $209,900,000 of open market
commercial paper outstanding on Dec. 30, compared with
$214,400,000 in the previous month, and $186,900,000 at the
end of December, 1938.
,

FOR MONEY

AT

holdings of Treasury bills, but
notes increased $1,000,000, and
Treasury bonds were up $170,000,000, Government-guaran¬
teed issues $9,000,000, and other securities $36,000,000.
De¬
mand deposits—adjusted increased $406,000,000 to a new
of

Week Ended—

Jan.

13 Jan.

20 Jan.

27

Call loans on Stock Exchange:
Range for week (mixed & Indus, collateral)

1@1

1@1

1@1

1@1

1

1

1

1

IX

IX

Ninety days

IK
IX
IX

Four months.

IX

IX
IX
IX

Five months...

IX
IX

IX

IX
IX
IX
IX

IX
IX
IX
IX

IX

IX'

IX

5A® 1

X@1
x@l

%©1
x@l

X@1

Week's aver, (mixed & Indus, collateral)

Time loans (mixed & Indus, collateral):

;

Thirty days
Sixth days

-

...

Six months

record high

IX

Double and single names:
Good 4 to 6 months




X@1

their

in

at $8,727,000,000.
investments of the weekly reporting

banks in
total of $23,183,000,000
weeks from Dec. 20 to Jan. 24.
Loans declined

Loans and

101 cities declined
in the five

$282,000,000 to

a

investments were
up
$114,000,000.
industry and agriculture decreased
$90,000,000, and loans to brokers and dealers in securities
decreased $222,000,000.
Treasury bills were up $34,000,000,
while Treasury bonds rose $453,000,000 and Governmentguaranteed issues $8,000,000, but declines of $353,000,000 and
$28,000,000, respectively, were recorded in Treasury notes
and other securities.
Demand deposits rose $240,000,000 to
while

$396,000,000,

a

■Commercial paper:
Prime 4 to 6 months

$125,000,000

their investment in Treasury

Loans

NEW YORK

Jan. 6

*

$8,798,000,000 in the five weeks to Jan. 31, with loans off
$133,000,000 and investments up $91,000,000.
The seasonal
liquidation in loans to commerce, industry and agriculture
continued, the total being lower by $36,000,000; but the
largest decline in loans, as noted below, came in loans on
securities.
The New York City banks suffered a reduction

paper

RATES

$6,946,000 on Jan. 31.

sale of bonds out of their port¬
folio in December, the Federal Reserve banks disposed of
only $12,152,000 of their Treasury bonds in the five weeks
under review.
In the concluding three weeks of January
they made no net change at all in their securities port¬
folio.
Treasury
notes were unchanged
throughout the
month.
Federal Reserve Bank holdings of Treasury bonds
and notes combined aggregated $2,477,270,000 on Jan. 31.
For the member banks, January was a month of declining
volume for loans and investments, but total credit was
lower entirely because of a
rather heavy liquidation of
loans.
Loans and investments of the weekly reporting
banks in New York City declined $42,000,000 to a total of

Sun day

Jan. 14...

to

Following the rather large

IX

Satur day

Jan. 13...

was

6 Months

5 Months

Holi day

Jan.

an.

4 Months

90 Days

60 Days

new

to

commerce,

high at $19,163,000,000.

Reporting

New

York

dealers in securities—the

City

bank loans

to

brokers and

so-called brokers' loans—decreased

total of $475,000,000 in the five weeks to
compiled by the New York Stock
Exchange, decreased during January $34,238,038 to $560,050,900 Jan. 31 from $594,288,938.
On Jan. 31, 1939, these
leans outstanding amounted to $666,496,877.
$76,000,000 to

Jan. 31.

a

Street loans, as

MONTHLY REVIEW

Feb., 1940]
COURSE

OF STERLING

A

Federal Reserve Board survey issued on Jan. 1 showed
that at the end of August Great Britain and France had in
the United States $8,440,000,000 of gold, dollar bank bal¬

EXCHANGE IN JANUARY

During January transactions in sterling exchange in the
New

York

free

market

were

but the sterling rate advanced to the highest

November.

since

attributed

effective

between

end

the

seemed

firm

and

at

any

of

the

November,
be

to

on

two

12.

Dec.

countries

approximately 68%
It

level recorded

but until

directed

toward

Dec.

the

12 such

toward

foreign

effective

The
of

exchange

the

and

fiscal

transactions,

foreign exchange

war.

rates fixed by London as

The

lira

quoted

generally

77.50

from

The

following official

rates

were

fixed

by

London

of

Bank, in
Association.
by

premium, to

discount;

Zurich,

3

centimes

There

are

improbable

Total
rate

on

views

members

echoes

no

that

of

before
of

of

Congress,

policy

these

speakers

will

views,

so

far

foreign markets.
positive steps can be

any

and

come

other

or

Connecticut

the

these

was

before

Con¬

as

could

be

It is thought
taken by the

the subject without the cooperation of the

on

United

were

it

London authorities.

par.

In the New York free market the forward

The

thought likely that the gold
gress for review in 1941.

United States

Amsterdam, 1% Dutch cents premium to par;

address

an

several

and buyers;

centimes

resumption of gold coinage in the
brought into prominence on Jan. 9 in

City

learned, in London

to 2

of

the

was

delivery,
unchanged
from
previous months:
New York, %c. premium to parity; Paris, parity for sellers
par

deficit

a

by R. C. Leffingwell, a partner
Morgan & Co., and similar ideas were expressed
Randolph Burgess, Vice-Chairman of the Na¬

P.

tional

for

one-month

Brussels,

in

William

discussed

78.00.

to

States

Bankers

not

quoted.
was
unofficially

J.

by

New York cables, $4.02% @$4.03%; Paris checks,
176% @176%; Amsterdam, 7.50@7.55; Canada, $4.43@$4.47.
was

total

tional Economic Committee
in

follows:

Berlin

this

address to the stockholders of the Chase National Bank

an

arrangement resulted in a realignment on Jan. 8

official

Of

by Winthrop W. Aldrich, its Chairman. The United States
gold policies were also sharply criticized before the Na¬

remain

to

until six months after termination of the

new

resulted

question

United

The agreement concluded in December applied particularly
to

had

The

cooperation

of materials.

purchase

securities.

was

war expendi¬
£314,361,360 during the
part of the fiscal year which elapsed since April 1.
Expen¬
ditures were £858,835,463, while revenues were
only £544,474,103.
The deficit, it was said, would be covered by
borrowing under the Defense Loan Acts.

economic

undertaken

American

in gold.
shown early in January that British

was

tures

undertone were

Closer joint

was

and-marketable

ances,

in September,

largely to the closer Anglo-French fiscal accord

which became
action

The steadiness

than

limited

more

time since the outbreak of the European war

17

•

States

Treasury gold

90-day

stocks

•

reached

$17,-

935,009,000 on J an. 31.
During the month gold_jy.as transsterling, which had been around 6 points discount belnwrthe- XerfeH to the United States from
not less than 20 foreign
basic cable rate, improved" to a discount of 3% points under
centers.
The greater part came from London and
British
spot by Jan. 24.
'
gold-producing countries, in- search of a safe repository, and
The stricter control exercised by London, together with
was also attracted
by the American price of $35 an ounce.
the limited market, resulted in an advance in the cable rate
A very small
part of the gold received during the month
from a low of $3.87%
on Nov. 30 to $4.00 on
Jan. 29.
was derived
from American export balances.
It will be
Far Eastern, and especially European holders, continued to
recalled that the free gold market in London
has
been
liquidate their sterling balances, but their offerings were suspended since the end of
August.
apparently taken up by American importers and others
On Jan. 17 the British Government offered
holders of
owing debts in terms of British exchange.
As these offer¬
the £350,000,000 4%% conversion loan
maturing in July,
ings were limited, they were immediately reflected in higher
1940, the opportunity to exchange their bonds for a new
quotations for sterling.
2% five-year loan at par, or to be paid off on the
maturity
Foreign exchange and commercial regulations were fur¬
date.
The offer was extremely well received in
London,
ther elaborated by the British authorities and were con¬
with fully £300,000,000 of the issue turned in
promptly for
curred in by the great majority of all markets.
The foreign
conversion.
It was estimated that about
£200,000,000 had
exchange controller at Singapore in December notified all
been held by banks and discount houses which
acquired the
banks that after Jan. 1 the drawing of sterling bills on
issue as a short-term bond, while Government
departments
places other than London to finance exports from Malaya
were estimated to have held
another £100,000,000, leaving
to
the
United
States,
Canada,
Belgium,
Switzerland,
a total of
only £50,000,000 in the hands of private investors,
Sweden, Norway and Holland would be prohibited.
Con¬
who for the most part elected to take cash and
invest the
sideration will be given to the grant of exemption from
proceeds in national defense bonds and savings certificates.
the order for exports under letters of credit opened or con¬
The success of the conversion loan was believed to
point:'
tracts entered into prior to Nov. 6, 1939, on application to
to the likelihood of still lower
money rates in preparation
the controller's office.
for the anticipated war loan of
approximately £1,000,000,000.
The British Treasury issued an order, effective Jan. 8,
It was thought
that the Government is in a strong
that residents of the United Kingdom who desire to transfer
position to enforce its cheap money policy, but there was
sterling or sterling securities, whether by delivery or by
some opposition in financial
quarters to any further reduc¬
registration, should obtain permission directly from the
tion in money rates.
British Treasury.
Previous to the order a formal declara¬
The Bank of England's price for
gold continued at 168s.
tion of intention was sufficient.
Under a special exemption
per ounce.
At the close of the month discount rates were
order non-residents remain free to dispose of
any sterling
quoted as follows:
Two- and three-months bills, 1
1/16%;
in their accounts and any sterling securities they
may wish
four-months bills, 1%%, and six-months bills, 1
3/16%.
to sell.
Bank of England approval is required for transfers
Bank of England
note circulation, which was at the
at less than full sterling market value, or where
payment
highest in the Bank's history on Dec. 28 at
£554,616,000,
is to be effected in other currencies.
Similar approval is
was reported on Jan. 31 at
£527,723,000. The Bank's rate
required to be obtained by banks opening sterling credits
of rediscount remained at
2%, to which it was reduced on
involving payment of sterling from resident to non-resident
Oct. 26 from 3%.
account, payment for goods shipped from sterling to noncountries, or payment in foreign currencies.
Offerings of sterling in the free market were expected to

sterling
decline

(and

regulations

did

on

decline) as a result of these-restrictive
the flow of private funds from England.

Throughout

activity in Great Britain continued at a high
the month, with prices and wages showing a
strong upward tendency, with the result that the authori¬
ties were obliged to take measures to restrict" the advances.
Beyond question the activity was due largely to war pro¬
during

duction,

as

export trade

was

at

a

low level.

*

Discussing war finance problems at the ahnual' January
meeting of the Midland Bank, the Chairman, the Right Hon¬
orable
or

Reginald McKenna, advocated a policy of preventing
limiting inflation by every prudent means of diverting

goods and services from civil to military purposes.
Before
long, he said, the point will be reached where the Govern¬
ment must restrict civilian
consumption by rationing, by
heavy taxation, by saving, and by investment in war loans.
(All these measures have been in effect to a greater or less
degree since the end of September.)

Throughout January,
the

British

as

authorities

since the beginning of hostilities,
showed

themselves

reluctant

establish credits in the United States
by the disposition
British-owned securities here.
Their purchasing agents
this side confined their

America

were

arrangements.




effected

largely

through

and

on

was

$4.00

on

31

@$3.95%,

at

$3.99@$3.99%.

Jan. 29 and

The

high

30, and the low

for

was

sterling

$3.91%

on

In

commenting on the foreign exchange situation
during
January the Federal Reserve Bank of New York said in its

"Monthly Review" for Feb. 1:
"Trading in foreign exchanges

during

January

was

featured by continued strength in rates for
the Allied cur¬
rencies, outside the official markets, and by rather wide
and

^irregular fluctuations

in

quotations for

Dutch

and

Belgian exchanges.
"After opening the month at
$3.95%, the pound-dollar rate
in the New York market underwent a
rather

sharp

reces¬

sion early in the month,
accompanying a temporary reaction
the Amsterdam market.
Quotations went as low as

in

$3.91%
vision

barter

Jan.

a

Jan. 5.

of

wealth nations, British
colonies, and in South America.
As
far as could be learned, most of the
purchases made in

South

Montreal funds ranged between
discount of 11%%.
Sterling cable transfers sold on Jan. 1 at $3.95%

the

on

close

discount of 12%% and

to

operations almost entirely to ma¬
terials
necessary
to promote
their
military activities.
Strictly consumption goods, and even necessary war
sup¬
plies, were purchased as far as practicable in Common¬

in

of the United States dollar.
a

Business

rate

January

Canadian exchange continued to
sympathy with sterling, to ftvhich it is
officially affixed, and hence ruled at a discount in terms
move

on

Jan.

British
over

non-resident

5,

three days

prior to the application of
imposing closer official super¬
sterling assets from resident to

order-in-council
transfers

of

accounts.

Subsequently, however, renewed
strength developed in British exchange, and toward the end
January the rate reached $4.00, the highest level since

of

early in November,

and only 2%c.

London selling rate for

below the

new

dollars, referred to below.

official
In sym¬

pathy with the spot rate, forward sterling deliveries also
showed a firmer tendency; discounts on
one
and three
month contracts narrowed from
annum,

4 9/16% and 5
1/16% per
respectively, at the end of December, to 2%% and

f

X

•

■

V.

18.

'

'•

•

'

.

•

^

,

MONTHLY BEVIEW

«.

3%% at the end of January.
The past month's improve¬
ment in the pound sterling may be associated in some part
with a diminution of offerings as a result of the tightening

regulations on Jan. 8.
A further contribut¬
ing factor, however, was a temporary demand for ster¬
ling in New York in the latter part of the month, for
use in
arbitrage transactions involving the acquisition of
French francs against sales of sterling in neutral European

of

exchange

markets

*

"Accompanying the tightening

of the exchange control on

Bank of England's

quotations for the dollar

Jan.

8, the

currencies were Altered slightly so as
to narrow the "spreads" between selling and buying rates.
The new pound-dollar rates of $4.02% and $4.03% compare
with the former rates of $4.02 and $4.04, which had been
in effect since Sept. 14.
The current London rates for
French exchange are 176% and 176% francs to the pound.
"In this market the franc continued to move approxi¬
mately in line with sterling, although there was some inde¬
pendent demand for French exchange in the latter part of
the month.
The New York rate declined, along with ster¬
ling, to $0.0221% on Jan. 5, but appreciated during the
remainder of the month to close at $0.0226% for a net gain
of 2% points for the month as a whole.
"Stimulated largely by short covering, the rate for Dutch

and for other major

guilders
month to
the

advanced 26 points during the first
$0.5354, the highest level since the

European

war.

half of the

beginning of
Accompanying reports that the Low

military precautions against a pos¬
violation of their neutrality, however, the guilder sub¬

Countries were taking
sible

sequently declined

^

Dutch exchange was further

depressed later in the month,

announcement on Jan. 24 of the Nether¬
lands Government's plan to defray mobilization expendi¬
tures and to reimburse the Bank and the Equalization Fund
for losses on sterling and gold operations, respectively, by
revaluing upward the National Bank's gold reserve. Accord¬
ing to this proposal, the Bank's gold would be marked up
sufficiently to offset 18% out of the 22% depreciation which
the guilder had undergone in the exchange market.
At the
end of the month the guilder was quoted at $0.5309, as
against $0.5328 a month earlier.
"The belga moved irregularly within a range of $0.1687
and $0.1674 until Jan. 24, when the rate firmed, accompany¬
ing a reduction from 2%% to 2% in the Belgian National
Bank's discount rate.
Toward the end of January Belgian
exchange rose to $0.1697, the highest rate in about four
months.
In contrast to the movements of the guilder and
the belga, the Swiss franc continued to hold steady at about
the rate which has prevailed since early last October.
"Among other exchanges, the Mexican peso declined fur¬
ther in terms of the dollar at the beginning of the month,
but subsequently steadied at about $0.1672.
This rate repre¬
sents a depreciation of about 18% from the level existing
prior to the decline which began on Dec. 11.
The Cuban
peso, on the other hand, showed some advance during the
past month, its discount against the dollar narrowing to
about 9%%, the smallest since the latter part of last

coincident with the

October."

movement at the Port of New York
during January were outlined as follows in the "Monthly
Review" of the Federal Reserve Bank of New York for
Details of the gold

Feb.

1:

States during January
appeal; to have been in smaller volume than in December,
but the amount of gold held under earmark for foreign
account at the Federal Reserve Bank of New York decreased
about $40,000,000 during the month, as compared with an
"Imports of gold into the United

$200,000,000 in December.
Consequently the
gold stock of the United States increased about $290,000,000
in January, or about the same as in December, and reached
a new high of approximately $17,935,000,000.
Gains to the
United States gold stock during the past three months have
been among the largest of the whole period since 1934, ex¬
cepting only certain months marked by crises abroad.
At
the end of January the amount of gold held under earmark
for foreign account at the Federal Reserve Bank of New
York was about $1,125,000,000.
"As reported by the Department of Commerce, gold im¬
ports into the United States during the four weeks ended
Jan. 24 totaled $229,200,000, of which $68,800,000 came from
Canada, $37,700,000 from Japan, $20,600,000 from the Neth¬
erlands, $19,600,000 from England, $17,600,000 from South
Africa, $16,700,000 from Norway, $15,300,000 from Sweden,
$8,600,000 from India, $6,100,000 from Australia, $5,000,000
from Hongkong, $2,300,000 from Italy, and $1,200,000 from
increase

of

Switzerland."
CONTINENTAL

AND

OTHER FOREIGN EXCHANGE

The French franc was inclined to firmness in January

the New York free market, moving in

in

strict alignment with

176.50-176.75 on
the pound is
discussed in the above resume of sterling exchange.
There
is nothing new in the French fiscal position.
The inflow of
gold and foreign securities came to an end about the middle
sterling,

Dec.

of

12.

to which it became
The relationship of

December.

Jan.

11

The

French

linked

the

note

at

franc to

circulation

of devalued francs in the Bank's history.
and

reported

on

of 152,969,000,000 francs was the largest in

Sept.

14




circulation

increased

terms
Between Aug. 24

23,015,000,000

francs.

The low mark of

1939 was 109,270,000,000 francs on Jan. 26.
sold on Jan. 1 at 2.24% @2.24%, and

Paris cable transfers
on

Jan. 31 at 2.26% @2.26%.

irregular, was inclined to firm¬
despite the widespread fear of
German invasion of the low countries.
A shift in the Cabi¬
net in the first week of January was without effect on the
belga spot rate in free markets.
It was understood that
the Finance Ministry was under the constant necessity of
supporting the belga. However, the strong tone of the spot
rate must be attributed to the London official rate for the
unit.
Throughout the month London quoted 30-day belgas
at 2 centimes premium to parity.
The underlying weakness
of the unit was disclosed by the future quotations in the
New York free market, where 90-day belags ranged from
44 points to a low of 50 points discount under spot.
Belga
cable transfers sold on Jan. 1 at 16.84@16.87, and on Jan. 31
Belgian currency, while

at

January,

throughout

ness

16.96@16.98.
Italian lire were steady

throughout January.

Statements

published in mid-January indicated that the
national budget will call for an expenditure of 35,000,000,000
Rome

from

5,000,000,000 lire will be added to the present

lire, of which

9,000,000,000 lire, while

of

deficit

10,000,000,000 lire will

represent new or increased taxation. It was explained that
the country will be able to absorb the increased taxation >
because many of the Government projects produce taxable
income.
Rome dispatches of Jan. 27 stated that subscrip¬
tions to a new

Government 5% nine-year bond were

above

expectations. Almost all holders of nine-year bonds of the
previous loan, which expires on May 15, 1941, had an¬
nounced their intention to convert their holdings into the-J
new loan.
The Rome exchange control "held the lira steady
throughout the month, and New York cable transfers
Rome hardly deviated from 5.05.
German marks were not quoted in the official market

on

in

In the New York free market the
unit was occasionally quoted around 40.20.
Financial in¬
formation originating in Berlin, and supposedly official,
was
not regarded with confidence by banks and foreign
London during January.

exchange traders.
This was true even of the weekly state¬
ments of the Reichsbank respecting circulation and gold

Cable transfers on Berlin
York at 40.07@40.25 on
Jan. 1, and at 40.12@40.25 on Jan. 31.
Hungarian exchange is one of the minor units in New
York.
It is of interest at this time because of the fact that
on Jan. 27 the National Bank of Hungary issued a decree
reducing the exchange rate of the United States dollar and
other free currencies to about the pre-war level.
In the
case of the dollar the new rate will be 3.47 pengoes to the
dollar instead of 3.80, the rate in effect since Sept. 1, to
which an extra rate of 50% was added, making the full rate
5.20 pengoes.
Until the publication of the decree the pengo
had been quoted in New York during January between
and foreign

exchange holdings.

quoted

nominally

were

17.58c.

New

18.00c.

and

Exchange
1914-18

in

was

the

on

during the war of
close relation

countries neutral

steady during January, moving in

to sterling.

On

24 The Netherlands authorities

Jan.

announced that

holdings of the Bank of The Netherlands would be
revalued, effective March 31.
The gold reserves will be
marked up to almost the market value on the basis of the
the gold

depreciated guilder.
Revaluation will cover 18% of the
22% depreciation sustained by the unit, leaving a slight
margin for further marking-up in case of necessity.
The
guilder is a floating currency.
Premier Jan de Geer announced that the guilder will be
maintained

on

a

at

guilders

1,013,060,000

revaluation

the

from

The gold stocks

managed currency basis.

of The Netherlands central

is

bank since Jan. 2 were placed

($557,150,000).
estimated

The total profit

221,000,000 guilders

at

($117,130,000).
Of this profit the Government announced
116,000,000 guilders will be used on behalf of the Gov¬
ernment loan fund to defray mobilization expenses,
and
that of the remaining 105,000,000 guilders about 75,000,000
that

guilders will be placed in the

equalization fund and about

30,000,000 guilders will go the Bank of The Netherlands to
reimburse it for sterling losses incurred in 1931 when Great
Britain

suspended gold payments.

Under the revaluation

plan the official price for gold will be 2,009 guilders per
kilogram
($1,068), instead of 1,647.5 guilders
($876).
Guilder cable transfers sold on Jan. 1 at 53.23% @53.28, and
on

Jan.

31

at

53.08%@53.10.

Swiss

cable transfers sold

1, and at 22.42@22.43% on Jan. 31.
Sweden sold at 23.81 @23.83% on Jan. 1,

at 22.42% @22.44 on Jan.

Cable transfers

on

23.81@23.83% on Jan. 31.
Exchange on the South American countries continued
restricted during January.
On the whole the South Amer¬
ican exchange rates were held steady with respect to both

and

at

the pound
tions

of

and the United States dollar through the opera¬
exchange controls in the various republics.

the

Exchange controls are operative in

Argentina, Bolivia, Bra¬

Honduras, Nica¬
The Argentine
official rate for the peso was quoted at 29.77@29.78 on
Jan. 1, and at 29.77 on Jan. 31.
The unofficial or free

zil, Chile, Colombia, Costa Rica, Ecuador,
ragua, Paraguay, Uruguay and Venezuela.

market was 22.60 on

ian milreis were

5.15

on

Jan. 1 and 22.95 on Jan. 31.

Brazil¬

quoted at 5.05@5.15 on Jan 1. and at 5.03@

Jan. 31.
(Continued on page 111)

New York Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF BOND PRICES DURING JANUARY 1940
Bond Sales

1940

1939

$144,917,000

$159,611,000

1939

1938

2,046,083,000

January

1,859,865,000

_
•

Jan. 1 to Deo. 31

Stock Sales

1940

January

Shares-

1939

15,990,665

25,182,350

1939

Jan. 1 to Dec. 31

1938

262,029,599

297,466,722

NOTICE!—Cash and deferred delivery sales are disregarded In the month's range unless they are the
only transactions of the month, and when selling
outside of the regular monthly range are shown in a footnote in the month in which they occur.
No account is taken of such sales in computing the

for the year.

range

The tables

on pages 19 to 40 furnish a complete record of the transactions on the New York Stock
Exchange during
Jan., 1940, and the range for 1939.
They need no extended introduction, as they are self-explanatory.
The tables
enlbrace every security dealt in on the Exchange.
We give bonds first, using the classification adopted in the official list.

The italic letters in the column headed "Interest Period" indicate in each case the month when the bonds mature.
In accordance with the rule adopted by the New York Stock Exchange. in
r»

are

4»

at

19.09, all quotations. for interest-paying bond*.
price to which accrued interest must be added.
The exceptions to the rule are'income bonds arid bonds on which
This method of quoting bonds became effective Jan. 2, 1909*
Quotations after decimal point repre¬
or more 32ds of a point.
4-

a

/V

mrrU

*

Apt

n

A At4ii

a

rl

«

wt

imi

4a«.aa4>

~

m

"""/ tf tLT "1'

a

"

J_

-

1

J

1_

1

_

*

_

_

L

_

«

J

J

"L

J

—

-T

_

1

•

_

1

Interest is in default.
sent one

sales IN
Dec. 1939

Jan. 2

Bid

Jan. 31

Ask Bid

57,000 Treasury 434s
4,000
Registered
36,000 Treasury 4s.5,000
Registered
154,000 Treasury 3J*a
5,000
Registered

2,000

52.000

89.666

711666

7

...1941-1943

M

S

Jan.

Jan.

12

113.18

Sept .22 122.13

June

Jan.

2 120.10

Jan.

23

115.30

114.16

Jan.

29 114.29

Jan.

Sept. 15 121.18
Sept. 25 116.19

June 22

Jan.

104.10

June

2 120.17

nlll7l3 Sale

110.2

110.18
108.18

Jan.

29 114.30

Jan.

Jan.

30 114.8

Jan.

30

16173*0

102.2

101.31

Jan.

26 102.8

Jan.

Jan.

25 101.30

Jan.

Sale"

104.5

Jan.

30 104.24

Jan.\

25

"i

105713 Sale

102,000 Treasury 3%a
3,000
Registered

1943-1945

A

"o 109727

87,000 Treasury 3%a
2,000
Registered
23.000 Treasury 3%a

1944-1946

.....

16672*0

110

109.23 109.21

Oct.

Sept.

102.12

Deo. 26 104.30

U 112
5

105.8'

1
24

Jan.

23

Jan.

10

Jan.

Jan.

13 109.31

3-

June 22

7 111.10
Sept. 14 110.27

June

103.28

Jan.

Sept.

June 22 105.24

Sept.

o

106.27

Sept.

7

June 16

"5

11671*2 Sale

Nov. 10 107.7

nlo6726

Sale

16673* Jan7*31 1657l*7 Jan7"

105.6

A

16673* Sale"

Mar. 10'

109.25

Jan.

30 110.1

Jan.

4

106.16

Sept

Jan.

25 109.30

Jan.

11

106.31

Oct.

U1.9
111.5

June

109.26

Jan.

Jan.

5

106.12

Oct.

111.27

June

Jan.

16

108.7

Oct.

111.2

Sale

~J

1946-1949

D

110.7

Sale

110.6

110.6

Registered,

Sale

110.6

111.4

111.8

5

*

j*Z> 11172*7 112*.4

7

D

.......

3,000
Registered......
387,000 Treasury 2 J^s..
13,000
Registered
63,000 Treasury 2J£i..
4,000
Registered..
12,000 Treasury 2%b

«111.21SaIe

lI67l8 Sale"' 1167lO Sale"

0

June

Jan.

30 110.18
16 110.6

111.3

Jan.

30 111.20

Jan.

10

104.22

Sept.

112.21

June

Jan.

16 111.12

Jan.

19

106.12

Oct.

Aug.

1111.22 Jan.

30 112.13

Jan.

10

105.12

Sept.

111.27
114.5

5

10474*

Sept.

11173*1

June

1167i*o jan7"5i 116728 Jan7"

May

June
5

Jan.

25 110.17

Jan.

25

110.2

Mar.

111.1

109.28

30 110.30

Jan.

11

102.16

July

Jan.

Sept.

112.26

June

29

102.20

Sept.

100.1

Sept.
Sept.
Sept

109.22
110.9
109.26

June

110.6

June

6

110

11
5

1945-1947

M

"s 10975

Sale"

29 110

Jan.

Jan.

30 108.10

Jan.

6

Jan.

31 108.4

Jan.

10

108.28

Jan.

Jan.

4

103

Jan.

30 109.13
25 109.3

Jan.

3

103.10

Sept.

109.30

June

25 108.20

8

(108.10 Jan.

Jan.

6

101.10

Sept.

109.31

June

2

Jan.

108.6

Deo. 29

100.2

Sept.

109.21

June

107.8

*S 10773*0 Sale"

107.8

106.3

M

107.10 107.14 107.7

109.2

....... ......

Dec.

107.8

5
Deo. 27

109

June

Sale

108.28 Sale

.....

1948-1951

m'b

10878

108*.16

«107.30Sale

Jan.

.....

1951-1954

212,000 Treasury 2^a

y

d

107712 Sale*" 10772* Sale"

106.28

Jan.

30 107.29

Jan.

9

......

7*0*666

65,000 Treasury 2 Jia..

"34",655

Registered...............
87,000 Treasury 2^8-...........

106721 S*ale"7 16679

Sale"

16679* Jan7~31 166731 Jan7

1956-1959

M

1958-1963

7

D

10872*0 Sale"" 16672*7 Sale"

16672*7 Jan7"51 16672*6 Jan7*ll

1960-1965

....

j

D

16671*3 ioef.20 16671*9 Sale"

166725 Jan7*30 16672*6 Jan7~io

8

100,10

99.2

107.30

Registered......

99

103.25

....

4,000 Treasury 2%b
Registered..
54,000 Treasury 2 %B.m.......

Sept.

Apr. 19
July

5

28

July

108.2

July

Sept.

108.23

June

5

12
5

-.1945

-

j

D

10872*3 108*.28 16678* 108.12 16571*8 Jan7"16 16673*6 Jan7""6

Oct.

107.25

July

Sept.

108.16

June

5

108

435,000 Treasury 2 Jis.........
Registered..

6

107.8

1955-1960

Registered.......

Jan.

110.17

M*S n67lO Sale" 11673* Sale*

.......

Registered

107.12

111.8

nI7fo ilY.is

.........

26,000 Treasury 3%b
1949-1952
Registered...............
26,000 Treasury 3s
1
1946-1948
1,000
Registered...
53,000 Treasury 3s
..1951-1956

selooo

18

Oct

103.15

1

4,000

July

6

18

106.16

5

.....

.......

371*666

Sept. 28 115.25
Sept. 25 116.5

110.18
101.24

114.25

Jan.

July

106.26
F

76*666

1*2*2*666

119.31

120.6

10475

*6 10472*1 Sale

.......1941

eV.ooo

M'ooo

Sale Prices

114.25

102.14102.22

109720

60,000

123.000

Sale Prices

105.24

1943-1947

Registered

10,000

Sale Prices

...

19,000 Treasury 3^8
Registered

800*656

Highest

Sale Prices

101.30

D

D

3,000
111,000
1,000

Lowest

119.29

114.22 114.28

7

172I666

Highest

114.8

M

1940-1943

18,000 Treasury 3J4s

113I006

120.2

11471*2 ll4*. 16

114.28 Sale
114.25 Sale

37,000 Treasury 3Hs
Registered

181566

119.31 Sale
119.29 Sale

Y'£>

1946-1956

......

1261666

O

—

...1944-1954

12,000 Treasury 3Hs
1,000
Registered.........

3V.666

A

....-.1947-1952
-

YEAR 1939

Lowest

Ask

U S GOVERMENT BONDS
49,000

RANGE FOR

PRICES IN JANUARY

BONDS
N. Y. STOCK EXCHANGE

Jan. 1940

June

108

June

103.4

7

Sept.

109.10

June

5

101.10

Sept. 22 109.8

99.9

28

..........

*6*666

......1948

M*£ 107718 107*.24 107713 107*. it 167722 Jan7**3 165.3

Jan.

9

Registered

us",655

244,000 Treasury 2Hs_..............1949-1953
6,000
Registered

*7*1666

51,000 Treasury 2%B...........

.1950-1952

55.000

135.000

16674

Sale

1667l* Jan7*30 10074* Jan7"16 *9974* Sept722
105.17

M*fl 105717 Sale

15676

Sale

Jan.

23 105.23

Jan.

5

105.5

Jan.

31 106.6

Jan.

11

99.6

Jan.

30 103.20

Jan.

10

102.21

102.24

L

Registered

39~.66o

J~~D 161713 Sale

240,000 Treasury 2%b
........1951-1953
157,000 Treasury 2s.
1947
267,000 Treasury 2s..........
..1948-1960

J

D

102.31 Sale

J

D

104.18 104.23 104.9

J

D

103

102.24 102.28 102.20
104.12 104.18

Jan.

3,000
------

18,665

91,000

3^8
Registered
3s

79I666

14,000
------

*8*566

2,000

July

12

June

6

Dec. 22

103*"

Deo. 28

Sept. 22 106.3

June 26

Jan.

18 105.4

Jan.

11

99.5

Jan.

16 103.22

Jan.

10

101.31

Deo.

108.11 108.16 108.8

108.12 108.10

Jan.

29 108.20

Jan.

24

103.8

Sept. 22 110.6

June

5

M N

10878

Sale

Sale

103

Sept. 25 109.21

106.26

91.000

27.000
------

141656

fi7.000
6,000

31,000

1944 1964
...1944-1949

3s

June

6

Nov.

J

10577

1*0"5*.12 166"" l"0*5*.4* 16671* Jan7*30 16671*5 Jan7"

102.12

Nov.

3

Sept. 6 106.27
Sept. 21 105.30
Sept. 12 106.15

102.30 Sale

M

S

nl65

107729 Jan."30 16571*3 Jan"*"6

1942-1947

J

9

Registered

2HB

5
5

102.23

103.6

Registered

------

June
June

Sept. 22 107.22

Federal Farm Mortgage Corp—

22.000

107.21

7 106.20

102.31

.1942-1947

Home Owners Mortgage Corp—
33 series A.
1944-1952

M

S

10572

105.8

M N

107.24 108

104722

104.26

(105** Jan7"ll 166.2

Jan.

24

101.28

8 el03.4

3 106.26

107.19 Sale

107.18

Jan.

30 108.4

Jan.

5

2>is Series G

1942-1944

J

J

104.17 104.22 104.19 Sale

104.16

Jan.

29 104.22

Jan.

5

101.10

1 Hs series M

1945-1947

J

D

101.15 101.24 nlOl.9 Sale

(101.10 Jan.

15 101.24

Jan.

4

96.8

27MfJan.

3

22% Sept. 25

27

4

24

Registered

102.5
108.21

Deo. 28

Mar. 30

Aug.

9

June

6

Sept. 22 109.17
May 18
May
6 108.21
May
6
Sept. 6 105.18 June
2
Sept. 22 102.12 June
6

N Y CITY BONDS-—See page 30.

FOREIGN GOVT & MUNICIPALS
„

29,000
13,000
9,000
68,000
32,000
13,000
23,000
21,000
36,000
23,000

74,000

694,000
306,000
938,000
402,000

„

_

15,000
9,000
------

Agricultural Mtge Bk (Colombia)—
iGtd sink fund 6s...........1947

iGtdTslnk fund 6s
1948
Akershua (Kingd of Norway) 4s. 1968

27,000 iAntloquia (Dept of) Col 7» A..1945
7,000
lExternal s f 7b series B
1945
7,000
^External sf 7s series C..
..1945
4,000
iExternal s f 7s series D
...1945
5,000
i7s 1st series
....1957
5,000
its 2d"series_.
.1957
15,000
a7s 3drseries
1957
39,000 Antwerpr(City( extl loan 5s.....1958
*■
Argentine Nation (Govt of)—
639,000
S f external 4Mb
1948
291,000
Sinking fund external 4Mb
1971
459,000
8 f external conv loan 4s.Feb 19t2
313,000

For footnotes

see

8f external

page 30*




conv

loan 4s_.Apr 1972

FA
A O

M S
J
J
J
J
J
A

27 %

30

27
14

J

14

J

26%
26%

32
32

94
17
18

14

69
15
15

J

14

17
17

O

13

15%

A
A

O

13

O

13 Vs

J

,

16%

D

66%

Sale
69

MN
MN

94%

Sale

88

F A

80 H

A O

79%

15

27% Jan.
26% Jan.

3
23

Jan.

60

il3% Jan.! 16
13
Jan. 16
14

Jan. 19
Jan .|20

14

15

Oct. 11
Dec. 20

Jan.

4

lOHfJan.

14M{Jan.
15^[ Jan.

8
6

10 Ht Feb.

14

[Jan. 20

9«;Feb.
10H. Sept.

3

1
1

19

13^ Jan.

24

9%lJan.

2
28

13% zl3 #[Jan.l 24
'"i Jan.£ 12
Jan.
3

13>i[Jan.

6

13%[Jan.

9NLOct.
9% Jah.

13
28

Jan.

2
11

60>L8ept.

95MfJan,

12

88

91

25

an

.

'Jan.

VP*
72

95% Sale
Sale
90 % Sale
83 % Sale
Sale
81% I83iH? Sale

Jan.
Jan.

70

28
28

Nov.
Nov.
Jan.
Dec.
Dec.
Nov.
Dec.
Deo.
16%. Dec.
16H Dec.

94%
17%
17^
17H
.

6

_

96% Jan.

3

15

21
15

8
8
18

11
MM

Sept. 22
81#;Oct. 17

95

83H|SJan. 29
Jan.

13
18
7
15

70W6ct;

18

83 Hr Jan.130

70MLQct.

18

81}riDec.
81)^1 Dec.

Jan,

May 31
88 %[ Sept. 6
20

20

N. Y. STOCK EXCHANGE—BONDS

20
SALES IN

Dec. 1939

236,000
169,000
318,000
17,000
12,000
182,000
222,000
178,000
29,000
30,000
251,000
274,000
188,000
135,000
26,000
30.000

22,000
47,000

142,000
122,000
65,000
49,000
21,000

22,000
25,000
528,000
655,000
187,000
149,000
101,000
228,000
194,000

35",600
5,000
1,000
22,000

-

438,000 Canada (Dominion) gold4s..—-I960
510,000
30-year gold 5s
—r^-1952
207,000
10-year 2%s
Aug 15 1945
163,000
25-year 3 Ms—
1961
100,000
153,000
56,000
3,000
1954
8,000 ACent Agric Bank (Ger) 7s_-—1950
AFarm Loan s f 6s
1960
1,000
a6s July coupon on
1960
-AFarm loan s f 6s. *
---I960
—44-,000
'

IM!:::::::::::::::::
ACarisbad3(City)¥ f8s"I—I""

21,000
48,000
159,000
31,000
69,000
82,000
168,000
17,000
52,000
10,000
6,000
26,000
65,000
26,000
54,000
1,000
15,000
3,000
59,000
6,000
22,000
28,000
37,000

"5",000
654,000
311,000
5,000
8,000
4,000
339,000
351,000

172,000
211,000

"2",000

16", 000

6,000

32,000

39,000
12,000
27,000
24,000
80,400
66,000
99,000
4,000
1,000
444,000
244,000
503,000

31,000

30,000
76,000
1,000
19,000

If

-

"¥,666

149",066

-

8,000

24,000
2,000
125,000,
93,000

3,000,
12,000
12,000
171,000
15,000
40,000

288,000
152,000
225,000

a6s Oct coupon on. -1960
AChile Republic ext s f g 7s
1942
a7s assented—
1942
AExternal sinking fund g 6s_. - I960
a6s assented=.---1960
AExternal s f gold 6s
Feb 1961
-

-

a6s assented
Feb 1961
ARy ref extl s f g 6s
Jan 1961
a6s assented
—-Jau 1961
AExtl s f 6s int ctfs
S^>t 1961
a6s assented
Sept 1961
AExt sinking fund 6s
1962
a6s assented.
1962
AExternal sinking fund 6s
1963
a6s assented—
----—1963
AChile Mtge Bank of gu s f 6%s-1957
a6Ms assented
—1957
AGuar s f gold 6%s
1961
a6 M8 assented—-—
1961
AGuaranteed s f gold 6s
1961
a6s assented
1961
AGuaranteed sink fund 6s
1962
iSs assented
—1962
AOhilean Munic Loan 7s
--I960
a7s assented
1960
AChinese Hukuang Ry 5s_ 1951
ACologne (Germany) s f 6%s—1950
Colombia (Republic of)—
-

Oct 1961
-—Jau 1961
AOolombia Mtge Bank 6 Ms—-1947
ASinking fund 7s of 1926.——1946
ASinking fund 7s of 1927
1947
Copenhagen external 5s.-—---1952
Gold 4 Ms
1
———1953
*
ACordoba (City) 7s_
—1957
*
a7s stamped
--—1957
Cordoba (Prov) Argentina 7s—1942
a6s of 1928
AExtl sf g 6s

J

87

Sale

F A
M S

100

J

8

F

A

J

D

J

D

M S
M S

F A
A

O

MN
J

J

J
MN

J

A

O

MN
F A

J
J
J
J
J
MN
J
J
J

63
57 M

J

9M

Sale"

14%
20

O

A

O

D

O
O
MN

MN

89

Jan.

88% Jan.

4

15% Jan.

Jan.

19

9

Sale

13%
Sale

Sale

13%
17%

16*

Sale
Sale

13%
16%
Sale

17%
Sale

17

"25""
13
Sale
15

9M

13

26
26

M1V
F

A

D
MN

J

J

J

70%

ACosta Rica (Rep of) 7s
—1951 MN
Cuba Rep of) 5s of 1904--1944 M S
5s ext debt Ser A of 1914—,—1949 F A

100%

1949
—-—-1977

f 5%s.

——1953

APublic Works 5 Ms--June 30 1945
AOzechoslovak (Rep of) extl 8s..l951
a Sink fund 8s series B
Denmark 20-yr external gold

External g 5%s—
External g 4 Ms

—1952
6s-1942
1955
—1962

7Msunstamped————-1941
s f 7s stamped.
1949
7s unstamped
—1949

2,000

Sale
Sale

35

70

62%

75

75

7
14

"35"
"Sale"
37%
-----

Sale

14

14

Jan.

13%
12%
13%
12%
13%
12%

Jan;
Jan.
Jan.
Jan.
Jan.
Jan.

13

Jan.

12%
13%
12%
13%

5
Jan.
Jan. 29
Jan. 19
Jan. 30

13

Jan.

2

13% Jan.

Jan.
Jan.

3
19

Jan.

14% Jan.
17

Jan.

14% Jan.
15 ©16% Jan.
14

Sept.
Apr.
Apr.
May
Apr.
Apr.
Apr.
Apr.

Jan.

16% Jan.
14

Jan.

17

Jan.

13% Jan.
16% Jan.

Jan.

12% Jan.

30

12
1(

Jan.

2

Jan.

5

16

12

Jan.

2

12% Jan.

Jan.
Jan.

5

16

Jan.

14

Jan.

June

Jan.

22

16

Jan.

Jan.

9

Jan.

11

July
Apr.
Apr.

10% Jan.

3

16

12
13
12
14

8

Jan.

16
13

Jan.
Jan.
Jan.

June
June

Jan.

19

27% Jan.
28% Jan.

16
15
16
15
27
18
16

31%
31%
26%
26%
26%
44%

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

4
3
12
10
27
2

42

Jan.

3

63

Jan.

8

75% Jan.

12

13

z26

Jan.
Jan.

26% Jan.
40% Jan.
37

Jan.

60

Jan.
Jan.

73

20% Jan. 17
al01% Jan. 24
Jan.

17

101% Jan.

103
58

Jan.

26
4

.104

Jan.

17

75% Jan.

4

67% Jan.
58

Jan.

Jan.

16

48

Jan.

z71% Jan.

31

71% Jan.

31

18
13

71

13

71

Jan.

3
13
9

13% Jan.

23

15
48

Jan.

29

Jan.

23

46

Jan.

10

12% Jan.

18

71
71
10

70%

73

72

70
70
11

J

13
42

15
42

15

J

90
Sale

M S

70

72
15
Sale
49

J

D

43% Sale
11%
19% 11%
103% 108
101% 104

j

D

108

MN

40

Jan.

76

74

Jan.

70% Jan,
70% Jan.

Jan.

70% Jan.

105%

——

3

13% Jan.

15

48

Jan.

40

Jan.

23
2

12% Jan.

18

102

Jan.

22 104

Jan.

18

110

Jan.

18 111% Jan.

9
18

106

108%

Jan.

3 107

Jan.

German Gov't International—

535,000
72,000

189,000
21,000

439",066

92",000

30,000

30,000

22,000

6,000

"2", 606

"MOO

A35-year 5Ms stamped-..—.1965
a5%s unstamped
-—1965
a5Ms stpd (Canadian holder). 1965
AGerman Republic 7s stamped—1949
a7s unstamped
1949

24,000
7,000
2,000
12,000
47,000
4,000
463,000
26,000
69,000
329,000
428.000

d

8% Sale
6

a

o

11

8% Sale
5%
7M

Sale

7%

8% Jan.
Jan.

3

11% Sale
8
9%

8

10% Jan.

2

z8

Jan.

4

13% Jan.

9

6

23

German Prov & Communal Bks—
a

(Cons Agric L'n) 6 Ms ser

AGreek Govt secured 7s

2,000
15,000
10,000
36,000
11,000
57,000

J

"7"66O
8,000
7,000

"2'66o
7,000
10,000
1,000
3,000
12,000
5,000
323,000
24,000
57,000

366,000
123,000




D
1964 MN

A.1958

A O

J

6%

j

6%

""8%

MN
MN
F A

6%

9

a7s part paid—
—1964
AS f secured 6s
——1968 F" A
a6s part paid—
—.——1968
Haiti (Rep of) 6s series A....... 1952 AO
AHamburg (State) 6s
.1946 A O

AHeldelberg (City) extl s f 7%s—1950
Helsingfors (City) ext 6 Ms
1960
Hungarian Cons Municipal Loan—
ASecured s f g 7 Ms
1945
ASecured s f g 7s
Sept 1946
AHungarian Land Mtge 7 Ms A..1961
aS r 7 Ms series b
........1961
Hungary 7Ms ext at 4% to——1979

j

J

Italian Ored Consortium 7s ser B '47 M S
Italian Public Utility s f g 7s..-1962 J j
Japanese Govt extl s f 6Ms.....1954 F A
Extl sinking fund 5Ms
—1965 MN
For footnotes see page 30.

im::::

"25%

76""
90
•

-

-

-

10%
30

15

19X4
15%
87%
8%
7M
22%

20M

18%

90o>
10%
10%

—-

June 27

Jan.

16

Jan.

3

Jan.
Jan,
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

17
3
14

Jan.

24

3

11
17
11
10
10
6
Dec. 29

20% July 31

22
Oct. ,4
22
Sept. 20
40% Dec. 18
38% Dec.
9
47% Apr. 17
40
Mar. 9
65% Apr. 12

94% Mar. 11
65

July 20

61

July 24
80% Jan. 24

30% Mar. 13

16% Nov.
Feb.

100
101
99

Dec. 15
Dec. 15

July 28
Mar. 13
Apr. 21
96% Mar. 10

108

Jan.

106

Dec.

June 13

102% Jan.

May
49% Apr.

3

9

60

Jan.

4

104

July

12

Aug.
Sept.
Sept.
Dec.
Dec.
Dec.
Dec.

65

Jan.

74

Jan.
Jan.
Jan.

73% Aug. 11
73
July 26
73
Aug. 16

66% Jan.

75
July 31
72% Aug. 3
20% June 23

100
63

65

66

16

Jan.

17

9% Jan.
7
Jan.
14

Jan.

9% Jan.

10
8

6

16% Jan.

4

14% Jan.
84% Jan.

17
4

15% Jan.

29

90

Jan.

18

10

11

10% Jan.

11

Jan.

8

1

19% May 31
110% June 14
106

Sept. 5
Sept. 20

June 14

125
105

Jan.

May

5
17

21% Jan. 12
Jan.

5

17% Jan.

14

18

27
22

Mar. 16
Jan.
6

24% Feb. 27
37% June 14

8% Oct.
23% Oct.
16% Dec.
15
Sept.
13% Oct.
71
Apr.

30

June 18

27% Mar. 3
25% June 12
85

Dec. 13

19

5% Sept.

July 12
Mar. 6
Jan.
5

18
105

7% Oct.
22% Jan.

7

107

5
Sept. 5
4% Dec. 19
17% Jan. 14

10
27

3

Feb.
Feb.

100

Dec.

7% Sept.
78% Sept.
98
Sept.
98
Sept.
102
Oct.

7

Aug.

21% June

13% Dec.
Sept.

10

Jan.

14

Oct.

35
32

Dec. 19

Feb. 28
Mar. 11
Mar. 10
Mar. 10
101
3
97% Jan.

76
105

Jan.

10

w

19

24%

Jan."

5

24

18
17

7%
7%
7%
7%
26%

Jan. 16
Jan. 12
Jan. 22
Jan. 30
Jan. 23

6

Sept. 11

11

6

Oct.

11

Jan.
Jan.

9
3

61% Jan.

12

Dec.

*•

Irish Free State external 5s..... 1960 MN
j D

Italy (Kingdom) extl s f 7s.....1951

25

12%
23%
16%
18%
14%
84%
8%
7
24%

J

5

16
14
14
10
20

65

11% Jan.

100
12

24

65

6
31

41

70%

16

14

19% Jan. 28
19% Jan. 28
22% Sept. 25

6

51% Jan.

O
O
MN
A

Jan.

12%
62%
54%
42%

63

M S
A

29

6

Oct.

20

Sale

70
70

6

16
14

Oct.

Jan.

14

Sale

71% Sale

7

June

60

Sept.

13% Jan.
15% Jan.
12% Jan.

Sale

74

6

16
18
16
16
14

Apr.
Apr.
Apr.

13

14

Sale

71
71

12

June

24% Mar. 23

19
8

l03""

70%

July

Sept.
58% June

27% Mar. 13
23% Jan. 13
18% Mar. 13
Jan. 12
16
18
Jan. 14
Jan.
16
4
18
Jan. 17
16
Jan. 17
18
Jan.
3
16
Jan.
9
18
Jan. 14
16
Jan.
3
Mar. 11
18

June

16

Sale

M S
A O
A O

11
11
10
10
Mar. 10
Jan. 13

Sept.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.

Jan;

17

17
Jan.
21
19%
al01% Jan.
101%
102% Jan.
102%
99
Jan.
99
99% 101%
56
Jan.
57% Sale
57% Sale
Jan.
100% 102% 102% 105% 101
74
Jan.
74
75
75% Sale
13%
13%
r__
13%
13%

£I*

Mar. 17

Mar.
Mar.
Mar.
Mar.

58

104

Sept.
Sept.

Jan.

1
2
Mar. 11

6
102% June
88-% Dec. 29
19% Jan. 18
32
Jan.
4
27
Jan. 10

SeDt.

Jan.

14
3
19 el7

23

25

16%
100%

93% Jan.
96% Jan.

4

Nov.

26

26

43

30
30

47% Sale

----

External

Sale

30
30

A

8

14

14

13% Sale
13% Sale
13%
14%
13% Sale
13%
13%
14
13%
13%
14
13%
13%
14
12%
15%
12%
13%
12%
17%
12% Sale
12%
12%
13%
12%
12%
13%
15% Sale
12%
13
6%
9
11%

26% II—
26%
30
26%
44% Sale
41% 42%
53%
61

F

30-year

"IB"

30% Sale

30 101% Jan.
Jan.
31 107
30
96% Jan.

-----

13%
13%
13%

O

96% Jan.
102% Jan.

14

J|||-45

O
J

A

4%s external loan

5

15%
13%

Sale
Sale

70
58

Mar.
Aug.
Mar.

111% Jan. 20
111% Jan. 20
104% June 28
106% Aug. 2

Nov.

7
11

A

Jan.

27
25

Sale

D
M S

J

Jan.

14

83% Jan.
84
7
Jan.
15%
zl5% Jan.
Sale

92

82%

Sale

15

14

5

30

a*

M S
M S

19

Jan.

Sale

It*
it*
}!*
it*

Jan.

11% Jan.

84

J

D

13

15

84

J

D

14

89
Sale

J

J
J

Jan.

Jan.
Jan.
Jan.

13

MN
D

32% June

45

92

13% Sale
16%
17%

16*

12% Sept. 26
11% Nov. 18

62
43

93

A

MN

12%
13%

47% Aug. 17

8

56% Jan.

41

64
Feb.
2
44% Apr. 13
44% Apr. 14
44% Apr. 15
47
May
1
32% Apr. 13

15
16

Jan.

Jan.

17% Jan.
17% Jan.
18% Jan.

23

56% Jan.

60

Jan.
Jan.
Jan.
Jan.
Jan.

23

79
78
87

24

57% Jan.
58

Jan.
Jan.
Jan.
Jan.

61%
60%
61%
60%
41%

15
2

11% Jan.

86

A

M S

76%
59% Sale
58%
60
59%
61%

15

Jan.

Sale

F

M S
M S

9

2

14

Sale

F

J
MS

79
89

25

Jan.

104% Jan.

Sale
Sale

9

17

"7%

Feb. 24

67
Sept. 21 108
71% Sept. 21 116%
6% Sept. 19 21%
7% Oct. 18 19%
Jan. 13
28%
Sept. 1 23
Sept. 1 22%
Sept. 1 21%
60% Sept. 29 98%
58
Sept. 20 98%
65
Sept. 27 102
6
Sept. 6 11%

95
__

93

.13% ..,,14™.

O

76% Jan.
74% Jan.
85
Jan.
7% Jan.

Sept. 20 103% Mar. 15
Mar. 10
52% Sept. 20 99
6
Sept. 6 17% Jan.
7
6% Sept. 22 20% June 23
Mar.
9
65% Sept. 21 108

8% Jan.
12% Jan.
100% Jan.

86%

96%

13

A

Sale

Jan.

53
53

Sale

12%

17

13

15

Sale

Sale

15%

MN

Sale

96%
102%

32

MN

Sale

Jan.
Jan.

Sept.
Sept.
Sept.
Sept.
Sept.
Sept.

101% Sale

9

A

Sale

11% Jan.
17% Jan.
13% Jan.
13% Jan.

76.
75

90

84

Jan..19

13

91

90% Jan.

Jan.

Sale

Sale

2

Jan.

16
16
17

Sale

M S
J

96
89

100% Jan.

20%

Sale

11%
11M

Sale

Jan.
Jan.
Jan.
Jan.
Jan.

13

56%
58
56M
58M
56% Sale
38%
40

106%
96%
93%
96%
88%
88 M

8%

83%
82%
78%
7%
12%

Highest

Sale Prices
Sept. 20 103 % Mar. 10

Sale Prices

Sale Prices

Sale Prices

22

22

13% 22
17% Sale
13% Sale
14% Sale
M S

Sale
Sale

99% "Sale"
93%

Sale

11

13
75
75
87
7

Sale

10

11M

90
94% Sale
102 M 103 % 103

F

4 Ms external debt

81"
7

79

75
7

J

89%

Sale

J

J

-

5,000 Dominican Republic s f 5 Ms—1942
1st ser 5Ms of 1926
1940
2d series sinking fund 6 Ms
1940
"¥,660
Customs Adm 5Ms 2d series—1961
3,000
5%s 1st series
—
1969
8,000
5Ms 2d series
1969
1945
"¥666 iDresden (City) extl sf 7s
El Salvador (Rep) 1st s f 8s A. - -1948
AOertificates of deposit
35,000
1967
3,000 Estonia (Republic) 7s
1945
49,000 Finland (Rep of) external 6s
7,000 AFrankfort (City of) 8 f 6%s——1953
26,000 French Republic 7 Ms stamped- -1941

"¥660

J

M S

Ask

YEAR 1939

Lowest

Highest

Lowest

Jan. 31

Ask Bid

Bid

MN

RANGE FOR

PRICES IN JANUARY
Jan. 2

EXCHANGE

foreign govt (Continued)~
519,000 Australia 5s of 1925---July 16 1955
External loan 5s of 1927—---1957
183,000
External g 4%s of 1928———1956
302,000
18,000 AAustrian Govt s f 7s.---------1957
1,000 iBavaria (Free State) extl6%s—1945
203,000 Belgium 26-yr external 6%s——1949
External sf 6s
1955
212,000
External s f 7s
1955
110,000
6,000 ABenin (Germany) s f 6%s
1960
AExternal sinking fund 6s
1958
1,000
464,000 ABrazil (U 9 of) external 8s
1941
AExtl s f g 6 %s of 1926
-1957
541,000
AExtl s f 6%s of 1927—1957
530,000
ACent Ry 30-year g 7s
-1952
566,000
---1957
12,000 Brisbane (City) s f 5s—
Sinking fund gold 5s
1958
16,000
3,000
20-year s f 6s
1950
1962
22,000 iBudapest (City of) 6s--_Buenos Aires (Province of)—
a6s stamped
- - -1961
352",066
Readjustment 4%-4%s
1977
Refunding s f 4%-4%s
1976
94,000
Extl readjust 4%s-4%s
-1976
79,000
Extl s f
56,000
4%-4%, | bonds
-1975
3 %b external s f $ bonds
7,000
1984
Bulgaria (Kingdom of)—
ASecured s f 7s
1967
8,000
AStabilization loan 7 %s
1968
44,000

5l",066

49,000

N. Y. STOCK

Jan. 1940

38,000
107,000
125,000
58,000
63,000
106,000
153,000
50,000
61,000
48,000
26,000
39,000
76,000
29,000
51,000
35,000
25,000
59,000
36,000
59,000
95,000
50,000
12,000
3,000

24,000
3,000
4,000
33,000
3,000
5,000
1,000

11

BONDS

7%

A 6/i

Oys

22%
91

"30""
94%

70% Sale
70% 75
53
79 J
60 j

7

8
7%

7%
7%
26% Sale
...—

95

69% Sale
70
71%
Sale

Sale

51

Sale

79% Sale

Sale

58

Sale

7
7

Jan.

Jan.

7% Jan. 22
7

Jan.

17

25% Jan.

16

Jan.

9

92

69% Jan.

9
17
24
25

72

92

68

Jan.

50% Jan.
77% Jan,
57% Jan. 29

4

6% Sept. 21 10
6% Dec. 15 10
16% Oct. 16 30
86
Sept. 21 113
45% Sept. 2
39% Sept. 14 75
30
Sept. 2 61
64% Aug. 21 85
50
Aug. 22 65

Mar.
Mar.
Mar.
Mar.

11
13
10
15
Jan. 10
Feb. 20
Jan.
9
Jan,
6
Nov. 2
Jan. 18
Jan.
5

N. T. STOCK EXCHANGE—BONDS

&0]
tN

PRICES IN JANUARY

BONDS

»7Tg

X
2,

40"
21

"4"
17
15

12*
38

17"

N. Y. STOCK EXCHANGE
foreign

22
49
4

2
52

100
118
263

336

593
248

18.

56"
76
147
12
1

280
93
83

a6s series A
New South Wales ext

of). 7s
7s.

15,

241,

X

A

IX

54 Jan.

IX

X

22
17

8

134 Jan.
5334 Jan.

Jan.

3

Jan.

3

22

25

Jan.

2

10

Jan.

24

Jan.

24

20

Sale

8X
44 X
4154
8934

40

38 H

son
79 H

6X Sale
10
Sale
Sale

11

90

A *50

1234
854
734

1946
1953

_

7

6

834
834

1454
12

Sale
91

Jan.

19

8954 Jan.

30

55

2

89

Jan.

30

Jan.

23

56
85

Jan.

12

8334 Dec,

Jan.

13

68

6154
6034
7654
734

734

Sale
Sale

J

40

f—.......1952 MN
kQHs extl secured s f
1957 MN

8

Sale

734

Sale

22

12

854
734

1936 J
1950 J

a7s extl water loan—

J
J

1956 M S
.....1968 J
J

a6s extl dollar loan
f g 7s

1940 A O
1945 J D
ASinking fund gold 6348_Dec 1946 J D

ASaxon State Mtge Inst 7s

13

834
734
734

Sale
854
Sale

24

Sale

14

15

14

1962 MN

1134

1962 MN

11

7s. 1958 J D

5

16
1234

1958

D

ASileeian Landowners Assn 6s—1947

A

12

A

83 34
5554

Sale

86
55

39

Sale

3634

Sale

53

MN

5634
5234
4954

MN

4954

J

M S
s

f 5 Ha guar

1961 A

AUruguay (Rep) externals f 8s..l946
AExternal sinking fund 6s
i960
AExternal sinking fund 6s
1964
3 54-4-4 H % ($ bonds of 1937)
External readjustment
1979

O

F

A

5

5

1534
88

52

Jan.

10334 Mar. 10
10154 Jan.
3

68

Jan.

19

Sale

6134 Jan.

18

Jan.

13

Sale

63

Jan.

17

73

Jan.

13

Sale

7534 Jan.

20

80

Jan.

13

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

9
19
11
24
4

50

Jan.

:

10634 June 23
8834 July 28

23

4334 Jan.

:

^83 34 July 26

854 Jan.

24

1734
5534

5534
Sale
5154
72
6734
10434 10434
80
7434
7034
6934

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

26
31
20

29
4

29

634 Jan. 13
934 Jan.
3
.9.34-Jan.,-. 8
934 Jan.
9
^

5834
5434
7234
10534
7434
7434

1034 Jan.

23

■10 34 • Jan.

20

1034 Jan.

20

654 Jan.

16

11
9

634 Jan.
15

Jan.

18

9

7

Jan.

6

Jan.

10

11

Jan.

1154 Jan.
99

Jan.

9034 Jan.
21

8 34
834

Jan.

734 Jan.

5

18
8
3

Jan.

18

734 Jan.
754 Jan.
634 Jan.

17

834 Jan.
754 Jan.
1134 Jan.

15

16

Sale

1034
10

17

734 Jan.

11

9

3

934 Jan.
954 Jan.
1234 Jan.

20

12

Jan.

12

20
8

64

12

8

24

Jan.

2

Jan.

16

Jan.
Jan.
Jan.
Jan.

19

16
9
22

Jan.

2

9

Jan.

24

1034
954
954
934
6034
934

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

24

7

24

6

24

654
634
3734
734

24
2

10

22

854
854

754 Jan.
7

Jan.

3
17

Sale
12
-----

7
-----

854 Jan.
934 Jan.

20
24

12

1434 Jan.

17

17

10

Jan.

25

16

10

Jan.

25

934 Jan.

24

34

Jan.

27

11

18

Jan.

18

1134 Jan.
1134 Jan.

8

5

Jan.

5

Jan,

13
15

1554 Jan.

4

9

1254 Jan.
1234 Jan.

10

5

Jan.

13

5

Jan.

15

1554 Jan.

8

9

Jan.

15

87

Jan.

24

15

5834 Jan.

9

37

Jan.

25

39

Jan.

2

53

Jan.

31

5634 Jan.

2

5234
5234
5234

53

Jan.

18

53

Jan.

52

Jan.

10

53

Jan.

5634
3834
Sale

85

"4",
2.

~~6~,
200,

42

107

Oct.

Jan.

15
29

Mar.
Mar.
Mar.
Mar.
Jan.
June

25

20

Jan.

11

1954 May 19

1

12
20

634 Sept. 15
,554 Sept. 27

18
12

Dec.

15

1034 Sept. 7
Sept. 22

10

634 Dec.
434 Oct.

15
5

5934 Oct.

9

49
60
52
49

Jan.

3

47

Dec.

47

Sept.

43

Jan. 20
40 X Aug. 17
Jan. 24

40

26

37

Jan.

19

36

16

30

35

Jan. 16
Feb. 20

46

Jan.

16

50

Jan.

26

43

Jan.

25

45X Jan.
834 Jan.

3754 Jan. 30
35
Aug. 23
3734 Apr. 11

854 Jan.

26

554 Jan.
5634 Jan.

12

"50"

F

A

634

F

A

6

Sale

J

D

59

Sale

51

53
Sale

7

41

43 34

834
534
5

5534

834
57

29

15

9

17

Dec. 27

634 Dec.
5
334 Sept. 18
4954 Aug. 26

734 Jan.
5934 Jan.

7

10
16

5034 Jan.

8

10

Jan.
9
Jan. 27
Feb. 25
Feb. 15

29

45X Jan.
4834 Jan.

4534

Jan.

2534 Jan.
33
28
:03

3

O

28

Mar. 10

16

3

MN

1434 Mar. 11

19

54 Jan.

A

Mar. 11

26

534 Sept.
Sept.
Aug.
33 54 Aug.
4734 Aug.

4354 Jan.
4354 Jan.

48

15

50

50
4834
Sale

Sale

1554 Mar. 11

47

Sale

47

Mar. 13

2534 May 15
25
May 11

4534
4734
4954
38,34

48

18

32

Sept. 22
Oct.
5
Jan.
3
Sept. 19
654 Sept. 22

4834

J

9

1434 Mar. 11
1454 Mar. 11

834 Sept. 14

4454

A

11
11
11
11
9
5

654
654
634
1454

4334

D

Mar. 10

1554
1534
1434
1434
6934
22 34

20

4334

F

8

1934 Aug.
1
1954 Aug.
1
L0634 Mar. 17

4054

J

Mar. 11

1734 Mar, 14
70
Feb. 28

44

J

June

15

MN

354-434-4'i«% extl conv
1978
4-434-434s external readj....1978
334s external readjustment... 1984
Venetian Prov Mtge Bank 7s—1952
a Vienna (City of) 6s
1952
AWarsaw (City) external 7s
1958
a4 34s assented
1958
Yokohama (City) extl s f 6s
1961

May 31

44

1979 MN

External conversion—

Jan.
Mar. 15

54

'50

31X Mar. 1
1434 Mar. 11
1334 Mar. 11

Sept.
Sept.
Sept.
Sept.
Sept.
Dec.

351-4-4H% {% bonds of 1937)
17,
25,
86,

11
10
IT
11
12
7
5

14

2

16

5534 Jan.

Sale

Mar.
Mar.
"Mar.
Mar.
42
July
36 J4 June

Oct.

19

8

20

634 Jan.
534 Jan.

8

Sale

16

Jan.

1334
1334
12 34
1234

Sept.
Sept.:
Sept.:
Sept.:
7
Sept.:
75
Sept.:
5534 Sept.:

27

Oct.

103

Dec.

634
634
434
534

16

5
2
9

Jan.

1934 Mar.
Sept.

554 Jan.
734 Sept.:
634jSeptr
634 Sept.
634 Sept.:
434 Sept.-:
7
Sept.
434 Sept.
654 Sept.
434 Sept.:

2

4

59
55

9934 Apr.

26

7

104

July
4334 July

1234 Jan.

934 Jan.

Dec.

48

16 10154 Jan.
98
3
Jan.
21
12
Jan.

834
754
754
734
5554

1534
zl334 Jan.
8
Jan.
934 Sale
834
734 Jan.
954
754
9
734 Jan.
3154 Sale
2154 Jan.
1734 Jan.
1754
1654

1234
1134
534

105

Sale

9234
9234
7754
7334

(Kingdom)—

a8s secured external
a7s series B sec external
ASilesia (Prov) extl sink fund

Dec.

Dec.
Dec.
Dec.
Sept.

18

17

(State of)—

*a8s extlloan of 1921
a8s external

Mar. 10
Mar. 9
Aug. 17
Mar. 14

Jan.

754

754

54

L0154
10154
10534
10634

Jan.

934
8
954
8
934
8
1234
5554 Sale

9

7
June 22
June

88

734

8

Mar. 11

1534 Mar. 11

88

954

Sale
91/
8 34

14

14
20
15
9

Sale

7 54

Sale

24

Sale

19

60

s

40

2

1154 "1434
1154
1234
10134 Sale
9654 Sale

734

(City) external s f 634s_.1952
(Kingdom of) 7s...1959
AFebruary 1937 coupon paid
ASaarbruecken (City) s f 6s
1953 J
Sao Paulo (City of)—

19

—

Sale
Sale

7 X

ARoumania

Jan.

8034 Jan.
7934 Jan.

834
754 Sale

9

Rome

40

Sale

13 54
754

8

5634 Jan.
16

"54"
91

Mar. 15

55

Jan.

14
25
15

May
Mar.
Mar.
Nov.
Mar.

Oct.
Oct.
Sept.
Sept.

44

12

25
14

1

Sept.
Aug.

5

834 Jan.

2

18
24

154
1H
154
134
134

Sept. 6
Dec. 21
Aug. 14
Sept. 16

20

7

.....

12

Mar.

Nov.
May
Jan.
May
June
Mar.
May
Mar.

Dec. 22

Jan.

95TSale
834

5

Jan.

44

954

25

1634
7234
34
154
154
154
154
134

19

Dec. 20
Feb.
4
Aug. 21
Sept.26
Jan. 27
Jan.
6
Dec. 28

654
654
31X
3134

934
10
1034
934, Sale,.

934

3

34
34
34
54
54
34
54
34
34
34
54
54
3154

10

754

1134

754
1054

Rio Grande do Sul (State of)—
a8s extl loan of 1921
1946
a6s extl sinking fund gold
1968
a7s extl loan of 1926
—1966
a7s Municipal loan
1967

External

54 Jan.
54 Jan.

IX

Jan.

9934

s

23
4

4

8

ASinking fund gold 6s
1952
Queensland (State of) ext a f 7s. .1941
25-year extl s f 6s
Feb 15 1947

ASec

134 Jan.
34 Jan.

Jan.

34 Jan.

48

11

a8s extl secured

9

Sale

1952

634s

Jan.

3834 Jan. 19
23
Mar. 21

1

May

Sale

iPmssia (Free State) ext s f 634® 1951

AExternal sec

64

9X

1966

ser

Oct.

22

49 X

6

ARhine-Main-Danube deb 7s
ARio de Janeiro (City of) 8s

10

Jan.

Sale

8

Prague (Greater City) 734s

1

Nov.

4

75

Jan.

8

Sale

1961

a434b assented
1,
24,
85,
14,
195,
1,
4,

X

1963

APorto Alegre (City of) 8s
AExternal loan 7 Ha

Serbs Croats & Slovenes

19,
57,

IX

ex

San Paulo

8,
155,
142,
93,
591,
3,

X
54

1950

s

1

%

f 8s

AExternal

Jan.

Sale Prices

Sept. 20
Sept. 21

1

z72

1*

a

IX

434s assented

15

1434 Jan.

16
7
8

1939

Highest

Sale Prices

30
19

834
7%

AStabilization loan 7s——..1947

434s assented

18

1754 Jan.
1234 Jan.

52 H

1940
1958

434s assented..

1,
5,

35,
30,

134

a

54

1968

APoland (Rep of) g 6s

19

---

"75

74

Sale

1

934
954
9 34
7X
654
1254
654

2~

69,
141,
44,
45,
75,
13,

15 H
75

12

M S
M S
J D

^National loan ext s f 6s.—1961 A

539

Sale Prices

Jan.

1234 Jan.

YEAR

Lowest

J

1947 M S
1959 M S
19601J

^National loan ext s f 6s

Sale Prices
15

1234 Jan.

1154
1054

Sale
External s f g 5s
8834
Sale
91
91
Norway 20-year ext s f 6s.
1943 F A
90 X Sale
91
20-year external s f 6s
1944 F A
Sale
75
External sinking fund 434s—1956 M S
7034
72 X Sale
67
External sinking fund 434s—1965 A o
Sale
71
4s sinking fund extl loan
6654
1963 F A
80
7634
Municipal Bank ext s f 5s
1970 J D
17 H
1134
ANuremberg (City) external 6s. .1952 F A "10"
54
57 X
58 H
Oriental Developments 6s
1953 M S
External deb 5 Ms
52
52 X
1958 M N
5154
71
80
Oslo (City) 434s extl sink fund. .1955 A O
APanama (Rep) external 5 34s-- 1953,7 D 103 X 106 X 10354
AExtl s r 5s ser A—May 15 1963 MN
70
Sale
a Stamped
72
"6934"
(assented)
1963 MN

iPernambuco (State
APeru (Rep) Sec s f g

Highest

A O

1959 MN
f g 5s—1957 F A
1958 A O

s

Ask
18

17

RANGE FOR

Lowest

"~J4

H
X

D

J

J

(Italy) ext loan 634s.l952
Brazil)—
1958
ASec extl s f 6 Ms
1959
^Montevideo (City) 7s
1952

10H
70 H

J D
J J
J J
J
J

ASmall

As,

20

14

D "~8~~ "I"

J

J D
J D
MN
MN
Q J
Q J
Q J
Q J

Milan City

Minas Geraes (State of,
ASec extl s f 634s

Jan. 31

k^Bid

Bid

(Concluded)

A Lower Austria (Prov) 734s
1950
iMedellin (Colombia) 634 s
1954
Tfclendoza (Prov) 4s readj
..1954
AMexican Irrigation 4Mb gtd—1943
a434s stamped assented
1943
AMexico (U S) extern 5s 1899 £-1945
a Assenting 5s of 1899--——1945
AAssenting 5s large
AAssenting 5s small
---a4s of 1904
1954
AAssenting 48 of 1904
1954
AAssenting 4s of 1910 large.
AAssenting 4s of 1910 small......
*
ATreas 6s of' 13 assent (large) 1933

84,

4,
5,
12,
18,
26,
141,
102,
3,
66,
264,

Jan. 2

•SB-

iJugoslavia (State Mtge Bk) 7s.1957 A O
iLeipzig (City) external s f g 7s.-1947 F A

*

105

govt

21

Sept. 6
Dec. 11
Mar.

2

11

9

4434 Nov. 21
4554 Nov. 24
4934 Nov. 28
41

Oct.

51

Mar. 11

1834 Mar.
34

Jan.

31

Jan.

60

May

25

2
5
11

5

railroad and industrial
companies

107,
4,
6,
47,
13,
2,
22,
8,
3,
40,
238,
171,
300,
5.
61,
83,
75,
218,
2,
405,
252,
83,

572,
353,
282,
7,
45,

AAbitibi Pow & Paper 1st 5s.. 1953 J
Adams

Express coll tr

g

D

1948 M

4s

434s stamped

1946 F A

.%
Adriatic Elec Co external 7s
Ala Gt Sou 1st cons 5s ser A
First

cons

1952

A

1943 J
1943 J

4s series B—

O
D
D

Albany Perforated Wrap Pap 6s.1948 A O
6s with warrants assented.

1948

5554 Jan.

24

Jan.

2 10434 Jan.

27
6

Sale

10734 Jan.
Jan.

16 10354 Jan.
15 10854 Jan.
31
70
Jan.

109
Jan.
107" 10734 10734 10734 10734 Jan.

23 109
Jan.
3 10734 Jan.

10854
67

52
60

A

7634

Collateral and convertible 5s..1949 J
a 5s
stamped
...1950 A

D

Sale" 10754
83

434» debentures

1998
1942
1950
-.1951

A

O

s

f debs 234-5«

Amer Water Wks & El 6s ser A.

70

4134
5934
106

A

O

100

F

A

96

5934

60

60

53

Jan.

Jan.

3

85

Jan.

25
2

60

Sple

87

Jan.

67 34

Sale

7634 Jan.
6634 Jan.

30

4434

Sale

41

Jan.

15

8034 Jan.
7054 Jan.
4454 Jan.

59

Jan.

17

61

59 34

10634 10554 106" 10554 Jan.
Sale
100
Jan.
10034 101
Sale

9534

Sale

110 34

31
Sale

1634
63

9634
Sale

31

9454 Jan.
110

Jan.

1734 Jan.

Sale

61

Jan.

22

Jan.

Jan.

29 10634 Jan.
2 10134 Jan.

16

97

Jan.

12 11054 Jan.

20
12

1734 Jan.
6434 Jan.
15 103 34 Jan.
20 10434,, Jan.

23

4

2

20
5

.

.

10334

Sale

102

Jan.

103

104

103

Jan.

109

Sale

108u*i Sale

10854
10854

Sale

Jan.

Sale

Jan.
Jan.

24 109

Jan.

5

26 107

Jan.

11

Jan.

16 109

Jan

107^

108
108J4 Sale
10734
10854 Sale
106
10534 10634 10534
107
10834 10834 Sale

19

Nov. 20

Dec. 21

Dec. 27

Oct.

Sale

16 10934 Jan.
26 10954 Jan.

30

Dec.

Aug. 22

Mar.
June

Sale

10834 Jan.

24
18

Dec.

10

103

O

3534 Sept. 25 85
10654 Dec. 11 10934
10234 Sept. 25 108
3234 Mar. 28 60
32
Apr.
3
6034

Mar. 11

July
July

72
Jan. 23
85
5
6634 Sept. 1 87
5
57
Apr. 10 79
25
2234 Sept. 1
5034
12
4934 Apr.
5 60
3 10234 Sept. 19 108

10434

1966 J D
1950 j
J
1975 MN

67
1
June 12 105

9934 June 22 104
10034 Feb. 16 108

18

Sale

11034
13 34
6334

25

4

5234
8534
7754

"43"

23

Jan.

74X
7934

31

58

52

Sale

2

1961 A

334s debentures
Found

Sale

3454 Sept.
100

~

1943 MN

20-year sinking fund 534s
334» debentures
Am Type

85

M S

Allis-Chalmers Mfg conv 4s....1952 M S
AAlpine Montan Steel 7s
1955 M S
Amer & Foreign Power deb 5s
2030 M S
American I G Chemical 534s... 1949 MN
Amer Internat Corp conv 5 V4s--1949 J
j
American Telephone & Telegraph—

70

58

68

Allegh & West 1st g guar 4s
Allegh Valley gen gu 4s

10434
103

109

F

Allied Stores Corp deb 434s

Jan;
Jan.

"o

O

51
102

A

Albany & Susq 1st guar 334s
1946
Allegheny Corp coU tr conv 5s.. 1944

Sale

104

104
102

1947 J

54

Sale'

S

D

Collateral trust 4s of 1907

5
2

2
12

5

93

A

or.

29 101

8834 May
97
2
106 34 Apr. 10 112
13 34 Nov. 15
40

Oct.

27

Sept. 22
Sept.27
8ept. 28
8

3
13
Nov.
8
Mar.

9

Jan.
5
4834 Jan. 28 6554 June
9
98
Sept. 25 10354 Nov. 15
9454 Sept. 5 10434|Oct. 26

105

Sept.
9934 Sept.
99
Sept.
10234 Sept.
9934 Apr.

1
22
23
12
18

11234
11054
11054
11134
10954
■

Jan. 12
June
8
June 12
Jan. 13
Dec.
7

I mMM

For footnotes, see page 30.




m

/

1

22
SALES IN
Dec. 1939

EXCHANGE—BONDS

N. Y. STOCK

176,000
32,000
7,000
370,000
134,000

618,000
15,000
76,000

179,000 Anaconda Cop Mln s f deb 4MS-1950
Anglo-Chilean Nitrate—
1967
^Sinking fund income deb
216,000
July 1995
112,000 lAnn Arbor 1st g 4s_
17,000 Ark & Memp Bdge & Term 1st 5s '64
1955
409,000 Armour & Co 4s a f ser B (Del)
1st M s f 4s ser C (Del)
1957
206,000
Atcbinson Topeka & Santa Fe—
Gen g 4s
1995
617,000
Adjustment g 4s
July 1 1995
10,000
Stamped 4s
July 1 1995
45,000
Conv g 4s of 1909
1955
1,000
Conv g 4s of 1905—
1955
35,000
Conv g 4s of 1910
---I960
15,000
Conv deb gold 4 Ms
1948
216,000
Rocky Mtn div 1st 4s A
1965
9,000
Trans-Cont Short Line 1st 4s gl958
39,000
Cal-Ariz 1st & ref 4 Ms ser A--1962
49,000
1946
1,000 Atl Knox & No 1st g 5s
6,000 Atl & Char Air Line 1st 4 Ms A.. 1944
1st 30-year 5s ser B
1944
23,000
July 1952
243,000 Atl Coast L 1st cons 4s
General unified 4 Ms series A -1964
163,000

A

Q

6,000
16,000
6,000
203,000
18,000
23,000
44,000
9,000
33,000
27,000
201,000
155,000
80,000
153,000
42,000
26,000
87,000
75,000
31,000
27,000
6,000
544,000
138,000
168,000
433,000
416,000
256,000
339,000
160,000
331,000
257,000
183,000
924,000
687,000
65,000
31,000
95,000
132,000
21,000
39,000
31,000
60,000

40,000
105,000
43,000
41,000
21,000
68,000
59,000
5,000
73,000
266,000
157,000
82,000
321,000
276,000
290,000
146,000
90,000
-106,000
133,000
245,000
648,000
351,000
19,000
81,000
102,000
143,000
23,000
34,000
12,000
9,000

110,000
77,000

65,000
36,000

49

J

F

in

A

J

J

A

O

-

Nov

85M
85 M

92M

D

J

13",656

"6",000
5,000
4,000

J

J

92

J

J

95M

384,000
30,000
72,000
32,000
130,000
182,000
34,000

160" 006
151,000
25,000
6,000

56", 660
34,000
163,000
46,000
237,000
155,000
194,000
50,000
65,000
224,000
332,000
100,000
361,000
99,000
166,000
131,000
199,000

967",000

143,000
64,000
73,000
266,000
157,000
88,000
1,000
82,000
79,000
16,000
25,000
7,000
30,000
28,000
156,000
23,000
201,000
122,000
175,000
33,000
120,000
152,000
124,000
131,000
384,000
75,000
279,000
164,000
124,000

--

1960 F

A

1941 MN

68,666

37:666

15,000

29,000

52,000
6,000
2,000
153,000
61,000

102,000

"5",000
2,000
15,000

"9",000
6,000
7,000
89,000
483,000
127,000
22,000
218,000
1,000
763,000
5,000

89,665
16,000
3,000
78,000
41,000
50,000
3,000
1,000




Sale
Sale

58

~

25

25
15 H
15 M
57 M
56 M

Sale

44 M

~29~"
%

22

13

Sale

50

66 M
38

14 %
06 M

1st lien & ref. 5s series B

Buffalo Gen Elec 4 Ms ser B
Buffalo Niagara Elec 3 Ms ser

Sale

D

F

A

J

D

"•JiBurl Ced Rap & Nor 1st 5s. .1934 AO

9,000
8,000
16,000
2,000
44,000
144,000
52,000
37,000
208,000
3,000
Guaranteed 5s__
219,000
17,000 Central RR & Bkg of Ga 5s

__

i960

30
26

Jan.

J
J

J
J

M S

Sale

Jan.
Jan.
Jan.
Jan.

Sale

Sale

Sale

62

109 M
85 M

Sale

§5M

Sale
Sale

43

J

D

F

A

MIV
A

O

89

84

aVA

A

O
J

9

6M
69 M

Jan.

8

5
68 M

6

68M
42 M
Sale
Sale
Sale

Jan.
4
59
Nov. 21 108 M
Dec. 16
98 M
73
Dec. 19 101M
39 M July 26 40
38

3

10

2 116M

Jan.

27 133 M Jan.
17
4

16

15M Jan.
15M Jan.
15M Jan.

22
19

17
31
31

110

Sept.
122M Sept.

23 107M Jan.

26

Jan.

109
46

Nov.

4

Jan.

46

Nov.

15

47

Jan.

15
5

7P

4

Jan.

Jan.

4

May

46
11

Jan.

28
22

Feb.

65

Dec.

64

3
73 M Jan.
2 109M Jan.
30
87 M Jan.
86 M Jan.
30

20
20

45M Jan.
42M Jan.
Jan.
Jan.

10

84

Dec.

22

Sept.

45

23

Dec.

38

Mar.
1
Dec. 29

12

Feb.

50

Aug. 17

92

Mar.

Jan.

9

Jan.

8

Jan.

Jan.
Jan.

30

J an.

2

10

Jan.

10

Jan.

24

Jan.

3

8

23

Jan.

5

Jan.

3
31

5

Jan.

12

July

69

Jan.

4

Jan.

12

Jan.
44
3
22
54 M Jan.
29 104 M Jan.

29
22

64 M July
35
Apr.
47
Apr.
Jan.
92

3

91M Sept.
88 M Sept.
86

19 113

Jan.

87

16M
33
Sale

89
Sale
33

""6M
2M
2M

64

Jan.

Jan.
3
85
29 108M Jan.
3
83 M Jan.
3
74 M Jan.

7M
3M
Sale

8

10

5

8

88

Jan.

24 109M Jan.
29
97
Jan.

10
20

Jan.

25

2M Jan.
6M Jan.

18

5

J an.

11

11

31
29

23

,

sy*
98

6M

100

Sale

Sale

9

11
5

5

110

Jan.

44

Jan.

17
15

Jan.
Jan.

67
Sale

4

Sept. 25

5

Dec.

Jan.

m

107M Jan.

95 M Jan.
76M Jan.

13

J an.
31 109
2 110M Jan.
Jan.
48
23

5

3
11

3

30
4

66

Jan.

63

63

Jan.

25

63

Jan.

49 M
61

Sale

49

Jan.

24

54

Jan.

3

65

58

J an.

2

62 M Jan.

18

108M Jan.

6

Sept. 14
Aug. 23

2M Dec. 28
2M Sept. 2
Sept. 8
May 16
6
Apr.

Sale

Sale

4

May

30

66 M
60

O

109

Apr.

8

20 M Jan.
Jan.
15
18
Jan.
27 110
26
73 H Jan.

Sale

Sale

Jan.

~46M

109 M

58

Jan.

76

110M
41M

Sale

71M Sale

95

10F
16

85

12

90

Jan.
Mar.

20
9

May 29
July 17
96
Oct. 23
52
Feb. 27
97
Mar. 16
19M Jan. 18
33

Oct.

31

12M Jan.
6M Jan.

3

Jan.

7
21

10M

Oct.

6

5
6M Aug.
Sept. 26
8

Jan.

16

Jan.

5

81
Apr. 11
104 H Sept. 13 111M
Oct. 24 112M
108
24
Aug. 11 46
28
12
Sept. 1
12M June 17 24
42

Dec. 20
Mar. 10
June 26
Nov. 18

Mar.

6

Feb.

1

Jan. 15
Sept. 5 110
77 H Mar. 10
64
Sept. 1
64
Apr, 18 72 M Mar. 9
40 H May 17
63 X Mar. 11
Nov.
48
3
Aug. 21

100

25

29

18
18

21
Jan. 23
Feb. 20

Nov. 24 107

Dec.

79
Sale

18M

Sale

Sept. 22 100
95
Sept. 22 114
67
Sept. 20 100
94
60 M Sept. 20
45
Feb. 11
40
Jan. 20 109
105
66

76

12

90M Jan.
16M Jan.
30M Jan.
7% Jan.
3M Jan.
3M Jan.
6M Jan.

7

76 M 100
109
108

Sept.
Sept. 28 110M July
Sept. 19 124 H July
82
50 M Sept. 20
Jan.

43
2

8M Jan.
30M Jan.
6M Jan.
3

ioH
F

18
Feb. 28
13
Sept. 27
7
Mar.
7
6
10
49 M Sept. 12
17
60
Sept. 14
3 103 M Dec. 21
8
96 M Jan. 10
28 117
July 20
19 117
July 17
28 121
June 10
28 120M June 12
20 119M July 17
28 117
July 28

103
26

3
12

July 17
Aug. 16
Aug.
2
Nov. 20

87

Jan.

50

4M

"51M

Sept.
Sept.
Sept.
92 M Sept.
91

Jan.

7M

O

80

30 103 J30 103

7

46 M

Dec.

84

Jan.

Dec.

14

5 113M Oct. 18
107 M Sept.
Oct. 31
108
Aug. 31
26 M Jan. 30
Sept. 27
Oct.
9
25 M Jan. 26

Jan.

9

87

106
Sept. 5 113?;
6 115
103 M Jan.
99
72 M Jan. 26
4 105
Jan.
93

Jan.

3M Sale
3M Sale
9
5M

110

75 M Sept. 27
2
Nov.
75

Jan.
Jan.

2

5

Oct.

3

18?8

Dec. 29
June

Dec. 30

20

Jan.
85
25
31 103 M Jan.
Jan.
31

Sept. 27
Aug.
5

85

Jan.

31

111

Sept.
Apr.

6

3

108
Jan.
108 % 110
96 M
95 M
94M Jan.
52 M

12
9
9
Nov.
9

4

Jan.

Jan.

43

7

Dec.

Jan.

25

Jan.

June
5
Feb. 16

26M Jan.

48
48

29 107

IF

93

Sept.

5

70

28

114M Sept. 13
100M Dec. 23

Apr.

31 105

74M Sale

30

16

Jan,

100M
99M
99M
110M
60M

Nov. 28

Nov. 22
June 27
28
Feb.
2
Sept. 2 108]
105 M June 13
Sept.

11
3

2 101M Jan.

in

Mar. 17
6 119
8 136 M Aug. 7

6
Sept.14
7M Sept. 29
7M Sept. 22

Jan""i0

26 108M
2 105M Jan.

Jan.

104

Sept. 27
Sept. 27
Nov. 29

Jan.

17
25

Sale

Oct.

IF

Jan.

13

Sale

10

62

Jan.

Jan.

104

Sale

Sept.,26
33M Sept. 26
Sept. 27
26
Sept. 27
24 M Sept. 27
62 M Sept. 28

33

13

5 e50

Jan.

Sept. 27
Sept. 27
Sept. 27

Jan.

5

84

37
36
33 M
32

72

2

99% Jan.
101 % Jan.
103M Jan.

Sale

Sept. 27
Sept. 28

34 M Sept. 27
Sept. 27

73

Jan.

40M Jan.
51 % Jan.
102M Jah.

Sept. 27

100

Jan.

110M 112M 110M
108
108M
36
36 M "39""
36M
37M 35M
Sale
7
5M

WA

2

46

105

20

2

38

Sale

9

Oct.

16

Jan.
100
Jan.
Sale
Jan.
Sale
Jan.
Sale
63
Sale
Jan.
83
84
80M Jan.
Sale
104 M 105 M 104M Jan.
Sale
83 M Sale
80 H
79M Jan.

Sale

3

Dec.

Nov. 13

Jan.

Jan.

60

30

July 28
June
7
June
5
July 28
Aug.
7
Mar. 17
May 31
July
3
June 20
June
3
Dec. 19
Dec. 28
Aug. 23
Mar.
8
Mar.
9
Aug.
4
Jan.
6
July 28
Mar. 9
Sept. 14
June
1

Jan.

39M Jan.

Sale

Sale

A

Jan.

94

It*

1942 MN

82

106

J
A

109M Jan.
83M Jan.

112M Jan.
111M Jan.
93 M Jan.

IF

108 M 109
92

7

IF

88 M Sale
112M 113
112M Sale

42
M
53 M
51M
103 M Sale
102M
84 M
83 M
85
99 M
103 M Sale
Sale
101M
103 M
Sale
103
107 M
105 M Sale" 101H
99 Vs
103 M Sale
Sale
99M
103
110M
113M Sale

8M
30M

Jan.

46

7

June 22
June 21

Jan.

87

5

"88""

9

81
72

9

Dec.

Dec. 28
Feb.

58
3 101
70

18

15

40

Sale

J\

14

88M Jan.

4

4M

M S

Jan.

34M Feb.

Sale

42

5

M S

Jan.

3
24

Sale

90
86 M
113M Sale
112M Sale
95 M Sale
105 M Sale
112M Sale
108 M
108
41
39 M
38M Sale

61
80 M

Sale

4M
M S

24
26
10
11

Jan.

16 M Jan.
16 M Jan.
16
Apr.
10
Apr.
9M June
44M Jan.

-4

Jan.

29

Jan.

47 M r56
40 M
Sale" 89 M

40 M
Sale

M

D

A

24

Jan.

33

Sale

26

F

10

16

_

47 M Jan.
46 M Jan.

M

Sale

38 M

J

J

29

19
19

Jan.

68 M

70M

MIV

10

June

17M Apr.

Jan.

15

64

J
J

Apr.

Jan.

43

41M Jan.
41 % Jan.
40M Jan.

66M Jan.

109 M

24

Jan.

31

Sale

J

J

Jan.

24

66M Jan.

106M
104M
104M
100M

30

Jan.

16

Sale

107 M
79 M

J

Jan.

Jan.

18?»
M S

3

Jan.
70
29 M Jan.

29

89
71

25

IF
IF

Jan.

72

40

1955

1960
1966
1962

Calif-Oregon Power 4s
Canada Sou con gu 5s ser A
Canadian Nat gold 4 Ms
1957
Gu iranteed gold 5s
July 1969
Guaranteed g 5s
Oct 1969
Guaranteed g 5s
1970
Guar gold 4 Ms
June 15 1955
Guaranteed gold 4 Ms
1956
Guaranteed gold 4 Ms
1951
Canadian Northern guar 6 Ms
1946
Canadian Pac 4 % deb stock
Collateral trust gold 4 Ms
1946
5s equip trust ctfs.
1944
Collateral trust g 5s
1954
Collateral trust 4Ms
-.I960
i ACarolina Central 1st gu g 4s
1949
Oaro Clinch & Ohio 6s ser A
1952
Carriers & Gen Corp deb 5s w w_1950
Carthage & Adir 1st gu g 4s
1981
Celotex Corp deb 4Ms w w
1947
ACent Br Un Pac 1st g 4s.
1948
X ACent of Ga Ry 1st g 5s.-Nov 1945
AConsol gold 5s
1945
ARef & gen 5Ms series B
-.1959
ARef & gen 5s series C
1959
AChat Div. pur money g4s
1951
AMacon & Nor Div 1st g 5s
1946
AMiddle Ga & Atl Div pur m 5s '47
AMobile Div 1st g 5s
1946
Central Foundry 1st mtge 6s.-.1941
Central mtge 5s
.1941
Cent Hudson G & E 1st & ref 3M-'65
Central Illinois Light 3 Ms
1966
lACentral New Eng 1st guar 4s
1961
J ACentral of N J gen g 5s.
1987
A General 4s
1987
Central N Y Power 3Ms.-».
1962
Cent Pac 1st ref guar g 4s
1949
Through St L 1st gu g 4s
1954

15

Jan.

45M

62

1952

Consolidated 5s
Bush Term Bldgs 1st 5s gu

30

Jan.

10
65

8M

40

MN

16

15

62

38

J

4

12

23

97

37 M
75M
Sept. 21 106M
19 M July
1 48
59M Sept. 6 82
99
Sept. 14 102 M
48M Jan. 26 73
49
Jan. 26
Jan.

110M 109

84

MN

Jan.

Jan.
82
12
24 101M Jan.
13
70M Jan.
24
70M Jan.

15

54

95

25
27
17
24
10
12
10

98

56M Jan.
54 M J an.
43 M Jan.
41M Jan.

59

t ABuff Roch & Pitts cons 4Ms--1957 MN
ACertificates of deposit
ACertificates of deposit
Bush Terminal Co 1st 4s

Sale

101

Sale

1947

24

45

Sale

IF

Brooklyn Union Gas Co 1st g 5s 1945 MN

52

29.,.„„.Jan.

65M
Sale

Sale

Sale

A

4

30
30
29

66

105 M
106

Sale

F

18

Jan.

99M Jan.

Sale

Sale

45 M
43 M

-.1950
1957
1981
C.1967

Sale
Sale
Sale
57
45M
45
53 M

-

24M Jan.
24M Jan.

70
84 M
115M Jan.
116M 117
Jan.
131
132M 132
105M
14 M
15M Jan.
29
15 M Sale
14M Jan.
15
Jan.
15 M Sale

44 M

5s

Sale

Sale

100

MIV

j""J

Jan.

71M Jan.
3 107 M Jan.

20

29 M Jan.

24

25.
24

AO--1967 M S

MIV

24

30

.Sale,

Sale

109

MN

Jan.

3

29 M Jan.

24

104M
107 M
100 M

MN

11

30

Sale

42

13 M
107 M

J

4

Jan.

29

26M Jan.
26M Jan.

Rys

O

Jan.

Jan.

30
22

Jan.

Sale

Sale

13

A

76
68
40 74.
34

Jan.

24

25

Sale

27 M
25

Sale

18

11*

13

J

4

2

27

102

F

15

Jan.

5

34

Mar. 24

85

89M Jan.
72 M Dec.
54
May
64 M May
55
Apr.
33M Jan.
Apr.
26;

Jan.

3

24

1943 J
ABerlin City Electric deb 6MS--1951 J
ADeb sinking fund 6 Ms
1959 F

For footnotes see page 30.

33

96

10
10 103
102M Sept. 15 HIM
Sept. 5 112M
110
Jan.
6 115M

5

Sale

Sale

gold

.

23

Apr.
98M Jan.

77
62

16

.28 M- Sale,29
28 M
Sale
29

Jan.

22
18

115M

A

29
25

58

133

.1952
1959
Big Sandy Ry 1st mtge 4s—„__1944

16 108 M Jan.

74

I960 A

3 Ms s f conv debs
Cons mtge 3 Ms ser F

9§

99M Sept. 5
85 M Dec. 30
83
Sept. 1

8
12

Jan.

Sale
40 M Sale

IF
sill*

6 Ms
1956
Bethlehem Steel 4Ms series D__1960
Cons mtge 3 Ms series E
1966

11

25 114
95
5

Sale

"35"

O

Jan.

2 103 M Jan.
5 100 M Jan.
Jan.
2 110

57

Sale
58
100 M 101
Sale
70

5s B—1948 J

89

72

44

1959 J

91

91H

Jan.
Jan.

95M Jan.

2

95

46

1950

23
31
10

nix
IF
Mar.
1
Feb. 20 18SS

19 107
86 M
20
2
87 M
92
23
93 M
11

95

68 M

56 M

Bangor & Aroostook RR 1st g 5s 1943 J
Con ref mtge gold 4s
1951 J
4s stamped
1951 J
Battle Creek & Sturgis gu 3s
1989 J
Beech Creek Exten 1st g 3Ms
1951 A

1st lien & ref 6s series A

Jan.

Sale

AConvertible 4 Ms
ACertificates of deposit
PLE&WVaSys ref 4s
Certificates of deposit
So'western Div 1st mtge 5s
Certificates of deposit
Toledo Cinn Div rer 4s A

Debentures

96

114
93

Sale

30
28 M

2000 MS

1950

Jan.

69M Jan.
71M
71M
106
Jan.
106M Sale
105M 106
44
46 M
43
43M Jan.
s** 85 M 86
82
Jan.
86
80
101 % 100««101M 1002SuJan.
101
66 M Sale
64M Jan.
68M Sale
67
Jan.
Sale
67M- 68
70
66
Jan.
67 M Sale
Sale
70
24 M1 Jan.
29 M
28 M
25M Sale

.1996 MS

Certificates of deposit
Brooklyn Union El 1st 5s
Certificates of deposit

5

66 M

32
65

J

417,000
II
1955
409,000
--1961
15,000 X ABoston & NY Air Line 1st gu 4s '55
114,000 Brooklyn City RR 1st 5s
1941
Certificates of deposit
99,000
93,000 Bklyn Edison cons mtge 3 Ms—1966
1,734,000 Bklyn Manhattan Transit 4 Ms. 1966
Certificates of deposit
1,752,000
103,000 Bklyn Queens Co & Sub gtd 5s__1941
Certificates of deposit
33,000
1st 5s stamped
16,000
1941

5

Jan.

102 M

39K

J

J

ARef & gen 5s series F____
ACertificates of deposit

Boston & Maine 1st 5s ser

4

Jan.

Jan.

Sale

29

ADebentures 6s

Jan.

Jan.

Sale

61

1955 A

2 101M Jan.

19
Apr. 18 41M
30% Jan. 26 49 M
91
Sept. 6 98
91M Sept. 5 101
91M Sept. 5 101

3

15
30
30

17

75
62

MN

1995 y~D

-

Jan.

30 98M Jan.
9 101M Jan.

91M Jan.
95

5

Jan.

85M Jan.
85M Jan.
92

92
95 M

104M Apr. 20 107 M July 20

9

Jan.

40
50

31
31

75M Sale

MN

ACertificates of deposit

Bell Telephone of Pa 1st
First & ref 5s series C

Sale

17 107M Jan.

Jan.
Jan.

104M Jan.

"93 M Sale

Sale

1st mortgage 5s series
1st g 4Ms series JJ

80"0",666

86 M

99M

76

Alst

229,000
289,000
574,000
348,000

"95M

M S
J D

tBalt & Ohio 1st mtge g 4s_ July 1948 A O
1st mtge g 5s
July 1948 A O
Certificates of deposit
ARef & gen 5s series A
1995 J D

Berlin Elec Elev & TTndgrd

2,000
197,000
262,000
552,000
209,000
13,000
596,000
238,000
253,000
139,000
39,000
7,000
51,000
171,000
959,000
31,000
4,000

Sale

99

Austin & N W 1st g 5s guar
1941 J
Baldwin Loco Works 5s stpd—1940 MN

ACertificates of deposit-*.-

106M Jan.

——

D

Atlantic Refining deb 3s
1953 M
t* a Auburn Auto conv deb 4^8.1939 J

ARef & gen 5s series D

Sale Prices

101M Jan.
Sale
100M 100M 100M 100M Jan.
109
109M Jan.
109 M Sale
Sale
107 M 108M 108
107
Jan.

J

J

Sale Prices

100

M S

10-year coll trust 5s—May 1 1945
Oct., 1952
Atlantic & Danville 1st g 4s
1948
Second 4s
1948
Atl Gulf & WI S3 Line coU tr 5s. 1959

ARef & geh 6s series C
ACertificates of deposit--

105M Sale

Sale

102M

J

Belvidere Del cons gtd g 3Ms

29,000
18,000

Sale

95

D

L & N collat gold 4s

Sale

97M

D

J

106 M

Sale

D

J

Highest

Sale Price

35M Sale
35M
45 M Sale
Sale
45M
98
95
98 M
98 M
100
Sale
101M Sale
Sale
99M
100M Sale
Sale

106

MN

Lowest

37 M

34

M S

_ _

Sale

106 H

O

Jan

Highest

Sale Prices

Ask

Ask Bid

Bid

YEAR 1939

Lowest

Jan. 31

Jan. 2

N. T. STOCK EXCHANGE

$

140,000

RANGE FOR

PRICES IN JANUARY

BONDS

Jan. 1940

N. Y. STOCK

PRICES IN JANUARY

BONDS
©i/.

Jan. 31

Jan. 2

N. Y. STOCK EXCHANGE

a

rs

EXCHANGE—BONDS

Lowest

RANGE FOR

Ask
Sale Prices
Sale Prices
Ask Bid
4
110®»«Jan. 25 1121tiJan.
112»«i H2M 110.9 112
76 M Sale
75
Jan.
2
75
Sale
78M Jan. 11

130,

27,
5,

M S

104M 104M 105
103
102M 105

110,
184,

M S

124

71,

r!
520"
239

361,

Central Steel 1st sink fund.8s--. .1941 MIV
Certain-teed Prod s f g 55*s A_. .1948 M S

Champion Paper & Fibre—
Sf deb 4Ms (1935 issue)...-. .1950
S f deb 4Ms (1938 issue).. —. .1950
Chesapeake & Ohio Ry—
.1992
General gold 45*s
--Ref & impt mtge 3Ms ser D-, .1996
Ref & impt mtge 3Ms ser E_, .1996

M S

MN
F

A

.1963

Ref & impt M 35*s ser F
.1940
Craig Valley 1st mtge g 5s—.
.1946
Potts Creek Br 1st 4s...
.1989
R & A Div 1st con g 4s
.1989
2d con gold 4s
-----Warm Springs Valley 1st g 5s .1941 M S
.1949 A O
AChic & Alt RR ref g 3s J
Chic Burl & Q 111 Div 35*s— .1949 J
.1949 J

Illinois Division 4s

J

125

104
100
106

111M 118

114

106

106

IIlM
16

Sale

14 M

95 M

Sale

95

100 M
89

Sale

99 M
90

83

88

041,

X AChic Gt Western 1st 50-yr

.1959 M 5

24

Sale

36,
24

7,
292
142
14
1

391
80

260

90,
39

188,

,028
278

60

328
7

311
120

145
151

,612

31

678
345
495

23

A

O

117

j

j

j j
j j
mN
j
j

mN
mN
MIV"
M N

m S
D
d
d
mN
j
j
j

1952

gold 4 Ms series A

ACertificates of

115

2

Jan.
Jan.
Jan.
Jan.

13 117
22 106

Jan.

11

Jan.

22

79 H

ifs4
i8H

1185*

19

Sale

Sale

\lh

85 M
26 M

6M

12 M

"7M

II2M

13
13 M
145*
15 M
16

13
16

30

Jan.

22

Sale
81
Sale
121
Sale

Sale

Sale

89

79M
84M
118M
16M

94

-----

Jy*

114

25 M

Sale

M -12 M

2
8

31

Jan.

z86

Jan.

31
19

Sept. 6
Sept. 5
91M Sept. 5
100
Sept. 6
100M Sept. 26
92

deposit

M S

....

45*s------1960
——1951
15 1951
Memphis Div 1st 4s —-- —1951
Chic T H & S'east 1st & ref 5s.-1960
Income guar 5s
—Dec 1 1960
AConvertible gold

125 M July 12
100 M June
6
5
100 M Aug.
107M Dec. 19
Jan.

July

14

Oct.

Feb.

24

Oct.

103

Oct.

24

Aug.
Sept.

16M Dec. 29
101M July 13
104 M June
7

Sale

6
4

Jan.

5

118M Jan.
19M Jan.
19 M Jan.

16

88

8

3

22% Jan.

Aug.

21 % Sept. 27
Oct. 25
88

15M Apr.

24 M Sept. 27

Feb.

Aug. 26

Jan,

12

7M Jan.
7 M Jan.

4

6

60

Jan.

24

60

Jan.

24

59

114

Jan.

11 114

Jan.

11

111

3

18
18

15

\lHJan.
13

24

2

9% Apr. 25

§*

23M Jan.
21M Jan.
24M Jan.

15

26

Jan.

30

23

Jan.

24

26 M Jan.

11

18M

24

Jan.

16

11

25

Jan.

15

26 M Jan.
26 M Jan.

19M
19M

6M Jan.
1M Jan.

15
17

Jan.

4

11

2
■7H Jan.
3
2M Jan.
13 M Janrl4
Jan.
3

i44

Jan.

ly
9M

10H

5

13 M Jam
13 M Jan.

26
18

15 H Jan.
16M Jan.

26

26

19M Jan.

19

13 H Jan.
17 H Jan.

15

9M Jan.

4

14M Jan.

8

Jan.

2
3

25

8M Jan.

15

Sale

9

Sale

8M Jan.

13

9M Jan.
9M Jan.

3

Sale

3

Sale

3

Jan.

12

4

Jan.

3

47M Jan.
13M Jan.

5

49

Jan.

27

13

14M Jan.

3

Jan.

17

4M Jan.
5M Jan.
5M Jan.

15

6Vs Jan.
5M Jan.

17

7

24

5M Jan.
2M Jan.

2

45 M
13 M

54 M

MM
5M

17 M

17 M

6M

5M Sale
5%
5M
7
6M
6
5M

5

6M
55*

D

J

D

J

D

M S

6

A*
Sale
Sale

D

J

49

13 H

14M

70

60

*43""
51

2M

Sale

2

Jan.

5

81

75

Jan.

24

67

Sale

75

80

5

9M
10K
11M
5M
5M
5M
2M

Sept.
May

17

2
2

Dec. 28

g*

Dec.
Dec.

67
54 M

62M

67

62

61 M
50 M

65 M
54

75
67

24

Jan.

4

Jan.

4

61M Jan.

10

50

Jan.

15

62M Jan.
53 M Jan.

106 H

106

Jan.

24

106M Jan.

Sale

106

Jan.

31 107

Sale

106H Jan.
104H Jan.

53 H

52

9
8

16M Dec.
8M Dec.
8M Dec.

5
6

75

9

Mar.

6

14 112M May 10
30M Sept. 27
Sept. 1
28M Sept. 27
May
1
May 31 31M Sept. 27
Sept. 27
Apr. 11
Oct. 24
Apr. 12
Jan.
12
3
Sept. 1
Dec. 13
Jan,
3
6
Sept. 27
May 1. "T
Sept. 27
Apr. 29
Sept. 27
Apr.
4
Sept. 27
Sept. 2
J an.
3
Apr.
1

m

m
n*

Apr. 20
Aug. 24
Apr.
Apr.
Apr.

8
11
6

Aug. 23

1

10

Aug. 24
10M Apr. 13
Apr.

8

4M Aug. 29
5
Apr.
8
4
Apr.
8
2
Nov. 14

Jan.

3

Feb.

44M Sept.

5

Jan.

8

12M Mav

12

11

Mar.

94H Mar. 19

12 M Apr.

80

9 H

10 K

99 M Mar. 10
9
118M Dec.

11

35*

8M

100

78M Dec.
Feb.
97

12

15

10

16M Sale

Jan.
Jan.

P
90

7
94

17

98
Sept.
Dec.
85
74 M Dec.

Jan.

•

23

14M

4

25

23

WH

8

Jan.

14
Sale

12

Jan.

103

6

12M Jan.

9

105

Oct.

18

16M
12M
12M
6M

12—Jan.

15

17 H
954
9 M Sale

MN
J

7
1

118
111

108

Jan.
Jan.
Jan.
Jan.

23 M Jan.

13

"15~"

2

Jan.
27 M Jan.

14

135*
145*
18 H
Sale
Sale

3

16 M Jan.
Jan.

ligg

2

19

Jan.

Sale

18
16

Jan.

Jan.
Jan.
Jan.

16

Sale

21M
21M
24 M Sale
24 M
25
25
24 M
6M Sale

26 M

25 M
27 M

V'

5

Jan.

23 M

23

24 M
26

Jan.

99

63 M

67
58 M
112M 114
25
23 M

21M

14
95

Sale

6M
6M

Sale

24 M

Sale
Sale

13

14M

12

13

103

14

17 M

24

17

Oct.

3

20

Jan.

4
4

12 M Jan.

12M Sept. 27
12 M Sept. 27
6M Sept. 27

stamped

Feb 1 1938 25% part paid—1927 f A
J AChic R I & Pacific gen g 4s—1988 j j
ACertificates of deposit
....
♦ARefunding gold 4s—
1934 a O
ACertificates of deposit
ASec

81
Sale

18M

MIV

♦

Sale

79
85

4s.—1987

Chic SL&NO gold 5s
Gold 3 Ms

55*

A

AStpd non payt Fed inc tax. 1987
AStpd gen 4 Ms non-pay inc taxl987
AGen 5s stpd non pay inc tax.1987
AGeneral 4 Ms stamped
1987
*
a 15-year secured 65*s-_--—1036
Alst & ref g 5s
---May 2037
Alst & ref 4Ms stamped.May 2037
Alst & re 4Ms ser C
May 2037
AConv 4Mb series A—
--1949

AGeneral

239
374

A

F

X AChic Mil & St P gen g 4si ser A. 1989
AGen g 3 Ms series B. - -May 1 1989
AGen 4 Ms series CL—May 1 1989
AGen g 4 Ms series E _ _ -May 1 1989
AGen 4Ms series F—May 1 1989
X AChic Mil St P & Pac mtg 5s ser A 75
AConv adj 5s
--Jan 1 2000
J AChic & No West gen 3 Ms -- -1987 M W

♦jAChicago Rys 1st 5s

43

252

4s

^982

X AChic Indianap & Louisv rf g 6s 1947
ARefunding gold 5s sot B
1947
ARefunding 4s series O
1947
a 1st & general 5s series A---. 1966
Alst & gen 6s series B—May 1966
Chic Indiana & Sou 50-yr 4s—1956
Chic L S & East 1st 4Ms
r-}9§9

212'
27

—...

F

MN

25

99M
99M
15 107 M
2 101M

103

101M Sale

MN

B

100 M Apr. 21 1047* June
100
Sept. 6 104M June

15 124M Jan.

Jan.

103

24

25

Jan.

1035*

23

Jan.

109M

118

Sale Prices
Sale Prices
Oct. 23 U5M Feb. 27
Mar. 11
1 86

68M Sept.

Jan.

6 105
10 103

123M Jan.
98M Jan.
98M Jan.
103 M Jan.
101M Jan.

109

107 M

Chic & Erie 1st gold 5s._

--

1st & ref 45*s series
1st & ref 5s series A

Sale
Sale
Sale

296,
2,
402
77,
16,

General 4s

Sale

Sale

M S

153

106 M 104M Jan.
105
103
Jan.

124 H
99 H

Sale

99 M
99 M

.1958
.1977
.1971
♦i AChic & E 111 1st cons g 6s—. .1934
.1951
t AChic & E 111 Ry g 5s
ACertificates of deposit..

409

1939

Highest

108

Bid

3!,

YEAR

Lowest

Highest

1

70
67

Apr. 17
July 19
54 M Aug.
3
49
Apr. 11
43

Jan.

104

Jan.

26

57

Jan.

11

18M
16M
9M
8%
10M

Jan.
Jan.
Sept.
Jan.
Sept.
Sept.
Sept.
Mar.
Aug.
Feb.
Sept.
Sept.

4
10
27
5
27
28
27
10
10
17
27
14

9

4M
83 M
69 M

63M
70
58

Chicago Union Station—
15

Guaranteed 4s—--

1944

A

O

52

1st mtge 4s series D_
1st mtge 3 Ms series E.

1963

J

J

106 M 106 M 106 M
106
106 M Sale

1963

J

J

107 54

3 Ms guaranteed

1951 M

181
38
99

165
188
11

29

Chicago & Western Indiana
1st & ref

mtge 454s ser

80

032

1962

1943
Okl & Gulf consol 5s-.-1952

J

J

M S
A

O

Ref & impt 4Ms series

1993

E

1977

Spring & Col Div 1st g 4s
1940 M 5
W W Val Div 1st g 4s—
1940 J
Cleve Elec Ilium 1st M 3 Ms—1965 J

4Ms ser B--1942
1942
Series A gu 4Ms
1942
Series C gu 3 Ms
1948
Series D gu 3 Ms—
1950
General 4Ms series A——.--1977
Gen & ref mtge 4Ms series B.1981
Clev Short Line 1st gu 4Ms—-1961
Clev Union Term 1st gu 5Ms A-1972
1st 8 f g 5s series B guar
1973
1st s f 4 Ms series C
1977
Coal Riv Ry 1st gu 4s
--—1945
Colo Fuel & Iron Co gen s f 5s..1943
a5s income mtge
-.1970
Colorado & Southern 4 Ms ser A-1980
Columbia Gas & Elec deo 5s-—1952
Debenture 5s
Apr 15 1952
Debenture 5s
Jan 15 1961
Columbia & Hock Val 1st ext g 4s *48
Columbus & Toledo 1st ext 4s__1955
Columbus Ry Pow & Lt 4s
1965
Commonwealth Edison Co—
1st mtge 3 Ms series I
—1968
Cony deb 3 Ms-,v1958
ConOd^assiixmRiVs 1st g 4s...1943
ConnRj & Ut 1st g 4Ms
—1951
Stamped guar 4M8-———-1951
Conn River Rower s f 3Ms A...196'
ConsoJdSdison (N Y) deb 3Ms.-1946
3 Ms debentures
1948

"2"
51

263

5,
30,
25,
226,
333
20,

444,

40"
82,
,910,

68"
119,
213,
40,

203,
1,

278,
36,
64,

15"
40,
62,
88,
33,
98,

100,

A

J
MN
F

Jan.

2

94

Jan.

89M Jan.
49M Jan.

90

2

94

Jan.

87

Dec.

2

52M Jan.

46

Dec.

Sale

51M

11

"95 M lOO"
109 M

105 M

108

96 M Mar. 15
Feb. 10
79
15
Feb. 10

11154 July
111M July
103 M July

11
12
7

84 M

For footnotes, see page 30.

81H

Sale

AfN

33 M

Sale

104 M
104 H

Sale

104

Sale'

O

-

110M June 16
111M June 20
67

Dec.

8

Dec.

77

Jan.

4

Jan.

85

Jan.
Jan.

42
Sept.
46M Dec.

Jan.

59

Aug.

29 100M Jan.

96

Jan.

90

Jan.

49M Jan.

16

52

46

Jan.

17

66 M
79M
55M
51M

65

62

Jan.

13

67

100M Jan.

lOO"
26 110M Jan.
8 108M Jan.

4
29

29 106M Jan.

5

Mar.

105 M'Sept.
106 M Fe!b.

Mar. 10
63 M T^ar. 11

58
70

100M
97 M
HIM
10654

107M Dec. 22 108'
Feb.

9 107

101M Oct.
Apr.
Apr.

106

105

Sale
Sale
Sale
Sale

105M 106
69

30 M

74

Sale
Sale

J

103 H

A

O

110

194M Sale
104 M Sale
111
'

F

A

111M

80

Jan.

26

88M Jan.
79M Jan.
71M Jan.

2

13

27

Jan.

30M Jan.
104

Jan.

13
11
3

19

70M Jan.
31
34M Jan.
25 105M Jan.
3 105

MN

04

1960

110M Sale
127 M Sale

109M Jan.

Sale
Sale

108 M
109
109 M
106 M

1067-6
106 M
108 M
11
105 M
11

2 104M Jan.

108M Jan.

109 M
128 M
80

92

85

i8iM

125

18 109%

Jan."

109

14

Sale

108M
106
107 M
106 M
108

May 22
Mar.

8

June

6
13

Oct.

Mar. 13
Feb. 24
June 22

Mar. 17

89M Nov.
106

al08M Jan.24 ffl08M Jan.24
108 M Jan. 29 109M Jan.
5
107M Jan.
5
Sale
lOtM Jan.
6
106M Jan.
Jan. !
106 M 106
107M Jan.
6
Sale
107M Jan.
109M Jan.
5
109

106 M 106M Jan.

14

Sale

11

11

16

15

17

Sale

5

12

5

99M Sept.
8
May
9
Apr.
10 M June
9M May
44M Feb,

15

Jan.

31

56

Jan.

24

105M Jan.

17

11

6

14

30

15

Jan.

60

Jan.

4

105Me Jan.

3
27
9

31

17 M

58 M

61M

56 H

57 H

105.20107.24

108M
1967 MIV 108
H 109 M
1970 MIV 109
H
1966
If IV 106 M Sale

109
109

109
Jan.
Sale
109 M 108M Jan.

110M 110M 110M Jan.
106 M 106 M 105M Jan.

105% Sept.
103M Sept.
99M Sept.
99
Sept.
98 % Sept.
9854 Sept.

Jan.

5

11

11

11

Nov.

16 105M Jan.
30
15
Jan.

Jan.

104 M Jan.
15
Jan.

9 109M
.

5 110

29 111

m

Jan.
Jan.
Jan.

4

17 106M Jan.

2

4

I?*

Mar. 10

114

Sept.

3

Dec.

1145*

Apr.

22

Jan.

110

10554 Dec. 26
Sept. 25

Nov.

104 M

Jan.

Oct. 17
85 M Oct. 17
79 M Mar. 13

Feb.

100

2 111

Aug. 22
Mar. 11

93

Jan.

Sept.

15 130

Jan.

8954

10454 Dec. 29
1
10454 Dec.
10454 Nov. 17

106

89

13M
105

Sept.
Jan.

3

108M
Sale
Sale
Sale
Sale
Sale

June

108

Sale

109 M 109

Jan.

Apr.

92 M Jan.

Jan.

-----

109

75
68

45
26

8

104M Jan.
103H Jan.

SI*

106M Jan.
100M Sept.

5 106 M Jan.

105M Jan.
68

83M Jan.
90M Jan.
82M Jan.
74M Jan.

112M

-----

1st mtge 3 Ms
1st mtge 3 Ms

Sept.

62

26
22

102 M104 M

AfN
J

103
63
77

Jan.
Jan.

Sale

102H Sept.

Jan.
Jan.

64
77

105

Sale

A

110M Jan.

Sale

108 M Sale
108M Jan.
108 M 109 M 106M Jan.
105 H
106M 106 H 106% Jan.

Sale

J!*
105

11st lien & unif mtge 3 Ms—.1965 AfN
1st lien & unif mtge 3 Ms
1965 AfN
mtge 3Ms--

95 M

Jati .v 29
25

110

Sale

62

Sale

105 %
70

—1956




26 109M Jan.

75

100 M

81H

J&J 1955
A&O 1955

Consolidation Coal s f 5s
Consumers Power Co—

77
51 M
47

89 M
Sale
79 M
74 M
73
106 M

1954

ADebenture 4s

47

66

80

Consolidated Oil conv deb 35*8-1951

ADebenture 4s

65 M

89 V9

1958
Wks of Upper
Wuerttemberg 1st 7s
1956

ADebentures 4s

65
64

102 M
104 M

tTM8 debentures

1st

Jan.

11M July
100
Sept.
108H Oct.
1Q0M Jan.

17

29

106 M May 29
Mar. 13
97

A

AConsol Hydro-Elec

1 AConsolidated Ry deb 4s

75

107 M
105 5*

A

1956

3Ms debentures..

60

53

4s—--1991
4s-1990 MIV

Clev & Pitts gen gu
Series B gu 3 Ms

Sale
108M 109

85

St Louis Div 1st coll trust g

135
235

91M

110M 110M 108M Jan.
Jan.
110M 110M 109

108 M

64 M

1993

C O C & St L gen g 4s
General 5s series B—
Cin W & M Div 1st g

"2

Sale

Sale

Mar. 15

109 M Feb.
110
July

Terminal—-

Ms series D—-1971 AfN
1st mtge guar 35*s ser E ——1969 F A
Clearfield & Mahon 1st gtd g 5s-1943

20

45

49 M

Sale

101M Sept.
99M Sept.
100
Sept.
86 M May

Jan.

26 108H Jan.
Jan.
6 106

MN

1st mtge guar 3

24

"l"

106 M
101M 105 M 105 M
Sale
90 M
90
89 H Sale
89 M

13 M "12 M "13M
12M
Cine Gas & Elec 1st mtge 3M8-1966 F A
1085* 109 M 108 M Sale 108
1st mtge 3 Ms
1967 J D 109 M
Cin Leb & N 1st con gu g 4s
1942 MIV •103 M
103
lAChoc

Cincinnati Union

27
47
1

4s.-1952

D

Childs Co deb 5s

S

Sale

107

Dec.

June

July
1105* J an

#

1115*
1285*
89 M
1135*
1095*
1105*

2

6
25

May 23
Dec. 30

Mar. 16

July 20
July 20
Mar. 11

1075* Nov. 21
1085* Nov. 17
108

Feb.

28

1095* June 20
225* Mar.
10654 Aug.
17

7
2

Nov. 22

165* Dec. 13
135* Oct. 10
165* Nov. 22
67
Sept. 12

10354 Sept. 22 111
100 54 Oct.
4 10954
100M Sept. 22 1105*
100
Sept. 22 1115*
97M Sept. 25 10954

May
Nov.
May
May
May

11
17
23
22

25

N. Y. STOCK EXCHANGE—BONDS

24
SALES IN

Dec. 1939

Jan. 1940

214,000
17,000
23,000
77,000
56,000
121,000
29,000
11,000
;

13,000

118,000
730,000
10,000
1,000

726",000
113,000
299,000
289,000
273,000
44,000

29,000
105,000
179,000
61,000
39,000
61,000
131,000
114,000
54,000
21,000
18,000

Container Corp

of Am 1st s f g 6s 1946

J

D

5s_

.--1943

J

D

Deb gold

Continental Oil conv deb 2 Ms--1948 J
Crane Co s f deb 3Ms—-—-—1951 J
Crown Cork & Seal s f

4s—--—1950

Ask Bid

27,000
4,000

series D--—1961
4s series F-—1965
3MS series G-1966
Detroit & Mack 1st lien g 4s
1995
ASecond gold 4s
-—-1995
40,000 Detroit Term & Tun 1st gu 4 Ms 1961
97,000

Gen & ref mtge
Gen & ref mtge

95,000
21,000
169,000

46,000

161,000
5,000
283,000

&

148",000

382,000
723,000
152,000
69,000

49,000
30,000

121,000
548,000
53,000
15,000
4,000
763,000
790,000
45,000
50,000

26,000
13,000
10,000

4,000
70,000
•3,000

Sale
Sale

A O

Sale

Sale
Sale

Sale

104M
104M
102M
101M
28 M

Sale

35

Jan.

43

Sale

43

32

Sale

32

Jan.
Jan.

107 M 107 M 104% 108 M 104 M Jan
Sale
60
62 M Sale
58M Jan.
Sale
109
109
110
108M Jan.
.

105M 106
108 M Sale
9M Sale
9

104M Sale

104M
108M
8M
10M
9M
3
2M
2M
2M
5M
5M

106
9

«1(?^

3M

4

5M

38
46

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

33M Jan.

24

4M Jan.

2 108M Jan.
10 M Jan.

17

10

Sale Prices
Mar. 14
Dec. 28

100
96

Sept.

103
50
107

25

Jan.

30

13

3M Jan.

24

15

2M Jan.

4

11

6M Jan.

3

5

4M Jan.

5

50

49 M

Sale Prices

Apr. 10 105 M
May 2 102 M
103 M Aug. 25 114M
27 100
Sept. 8 106 M
29 101H Oct.
2 106 M
17 10OM Nov. 10 103 M
97 H Sept. 8 103 M
25 M Aug. 25 37 H
31M Aug. 28
ft*
36
July 17 49
26 M Aug.
1 41

12 108 M Jan.
63 M Jan.
15
10 109
Jan.
Jan.
31 106

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

Sale

8M
2M
2%
5%

2M Sale
3
2M
6M Sale

3M

105M
106M
103M
103M
30M

Jan.
Jan.
Jan.
Jan.
Jan.

Sept. 12
May 24
Feb. 18
Dec. 26
Dec. 25

Sept. 11
Sept.
6
Sept. 12
Sept. 11

8
110M Mar.
9
70 M Mar.
109 M Aug. 29
106 H Mar.
8
108 M May 31
3
15M Jan.
14 % Jan.
3

Sept.
Sept.
104M Jan.
106M Jan.
7
Aug.
7M Aug.
2
Aug.
2
Aug.
5

1939

Highest

6M Jan.
Jan.

10*1

Apr.

3M May
1
May 24

32

Jan.

5
5
5

5M Aug.
1
Sept. 16

40

F A
A O
M <S
J D
J D
MN
D

109
Sale
110
Sale
109 M Sale
110M Sale
111M 113
110M 113
40
53
40
54 M
25
35
22M
35 M
98 M Sale
98
100
1.05 M 107M 105M 107 M

109

Jan.

109M Jan.
110M Jan.

98M Jan.
107

Jan.

31 110M Jan.
31 111M Jan.
Jan.
3 112

31 101

2
17
18

Jan.

108 M Sept. 6 113
Feb.
4
105M Sept. 5 112M Jan. 26
105
Sept. 27 113
July 17
40
Jan. 23
48
Aug.
8
20
July
3 25
Apr. 12
96
Sept 27 103
Aug. 17
101H Sept. 6 108 M Mar. 4
_

27 107M Jan.

_

Iron Range

aDuI So Shore & Atlantic g

Duquesne Light 1st M 3 Ms

Sale

106M Jan.
106 M Jan.

Ed El 111 N Y 1st consg 5s—•—.1995 T'J
Electric Auto Lite conv deb 4s. -1952 F A

3,000 Elgin Jol & East 1st g 5s
7,000 El Paso & S W 1st & ref 5s
5s stamped
1,000

107 M

13 M
12M
13
5s_ 1937 J J
17M
Sale
107
Sale
1965 J D 109

--—1962 A O

Ry 3Ms
t*

J
J
J
F A

J
J
J

Eastern Ry M No Div 1st g 4s_1948 A O
16,000 Eastern Tenn Va & Ga 1st g Ss-1956 MN

198,000
2,000
13,000
1,000

1,339,000
1,400,000

Missabe

MN
J J
J
J

1951 J

Dow Chemical deb 3s—_

Dulutb

Sale

YEAR

Lowest

Highest

.

_

Gen & ref 4Ms

72,000
49,000
19,000

A O

J J
4Ms-1947 M S

t iDes Plaines Val 1st guar

~5", 000

—1946

—

Sale

102 M

44 M
32 M

1946

188,000 Dayton Pr & Lt 1st & ret3Ms--I960
413,000 Del & Hud 1st & ref 4s_-------1943
35,000 Delaware Pr & Lt 1st M 4 Ms—1971
1st & ref 4Mb
1969
6,000
1st mtge gold 4 Ms
-—1969
2,000
268,000 t* ADen & Rio Gr 1st cons g 4s- -1936
♦
iConsol gold 4Ms
———1936
9,000
58,000 t iDenv & R Gr West gen 5s Aug 1955
^Assented (subject to plan)
57,000
ARef & imp mtge os ser B
1978
49,000
| iDes Moines & Ft Dodge 4s—1935
Certificates of deposit—- - -----4,000

102 M 102 M
Sale
109 M
104 M
104M Sale
105
105 M 106

102M

Lowest

Ask
Sale Prices
Sale Prices
Sale
105
Jan. 11 105M Jan. 27
Sale
102M Jan. 30
101M Jan.
Sale
110M Jan. 11
108H Jan.

105M

105
101
108

103
103M 103
30
29 M Sale
Sale
38
35M

J

—1952

5s_

7 Ms series A extended to
6s series B extended to

Detroit Edison—

77,000
90,000
24,000

D
D

MN

S f 4Ms debentures
-.--1948 J
Crucible Steel 4Ms deb ser A—1948
Cuba Northern Rys 1st 5Ms——1942
Cuba RR 1st 50-yr g

Jan. 31

Jan. 2

EXCHANGE

Bid

10,000
79,000

RANGE FOR

PRICES IN JANUARY

BONDS
N. Y. STOCK

-.-1941 MN

106 M

Sale

12

Jan.

2 108

13

Jan.

31

12H Jan.

20
2

30 109M Jan.

May 26
101M Sept. 22 1081
Nov.
4
11
Sept. 5 193
Sept. 5 112M May 19

105 M 106 M 106

91

.

...91M;

108 M
105 M

Sale"
107

28 106 M July
Sept. 5 92 M Mar.
Feb. 23 !151
July
Apr. 11 110M Dec.
Jan.

91.M_ 93

91M Jan.

3

93M Jan.

29

15 109M Jan.
25 106M Jan.

3

146

140

108 M Sale
105 M 106
51

59 M Sale
1965 A O
51
57
95 M
—1965 A O
101
Erie & Pittsb gen gu g 3 Ms ser B 1940 J
J 101M
Series C 3 Ms
—1940 J J 101M ioiH 101
57
54 %
t AErie RR 1st con & prior lien 4s 1996 J J
22 M
24 % Sale"
Alst consol gen lien 4s
—1996 j j
23 M Sale
AConv g 4s Series A
1953 A 0
18
19
24 M
a4s series B
———1953 A C
21
iGen conv 4s Series D
==1953 A O
14 M
*ARef & impt gold 5s ser 19271967 MN ~17H Sale
14 M
*ARef & impt 5s series 1930—1975 A C
17M Sale
52 M
53 M
55 M
AErie & Jersey 1st s f 6s
1955 J j
49
55 M
55
AGenesee Riv RR 1st s f 6s—1957 J
J
90
90
AN Y & Erie RR ext 1st 4s—1947 MN
75
75
*A3d mtge 4 Ms
1938 M S
Ernesto Breda Co 1st mtge 7s—1954 F A
98
i07"
Fairbanks Morse deb 4s.
—1956 j D l07" 108
Federal Lt & Tr 1st s f 5s
1942 M S 103
104M
5s International series...
1942 M S 101
102M 101M
103 M
First lien s f 5s st amped1942 M S 103 M
1st lien s f 6s stamped--..—1942 M S 104
I04M 104 M
103
30-year deb 6s series B
1954 j D 101M 103

W*
70

107M Jan.
105M Jan.
59M Jan.

2

3

(

1

25

60
59

Jan.
Jan.

3

3

Jan.

Sale

53

Jan.

13

57

Jan.

Sale
19M

22

Jan.

15

26

Jan.

4

18M Jan.
19M Jan.

30

24M Jan.

30

24

Jan.

3
3

ig*
Sale
Sale
Sale
61

12

21

Jan.

3

22

18

Jan.

3

22

18

Jan.

15

54

Jan.

3
3

15

58

Jan.

31

Jan.

18

96M Jan.

Jan.

22 108

Jan.

Jan.

13 104

Jan.

18
6
13

Jan.

12

100 M Jan.

Jan.
Jan.

Jan.
9 104
10 104M Jan.
3 104
Jan.

31
11

101
Apr.
87 M Jan.

16 106M Jan.

6

Jan.

29

20

Jan.

14H
14M
49 M
53M

Jan.
Jan.
Jan.
Jan.

93

11

26
19

Dec.
1 107 M June 23
Mar. 14
I June 29 65
Dec. 13
61
Sept. 27
Apr.
8 103 M Mar. 6
July 22 102 M June 24
Feb.
5
54 M Dec. 39
May 2 29M Sept. 27
& Apr.
6 26 M Sept. 27
Sept. 27
i Apr.
6 26
June 15
19
Sept. 12
$ Apr.
8 20 M Sept. 27
t Apr. 10 20 H Sept. 27
Dec. 29
54
Sept. 1
Dec. 29
May 11
8*
Mar. 1C
94
Sept. 22

2

59

25

-

~2~,666

22*666

9,000
19,000
195,000
4,000
63,000
566,000
131,000

24,000
19,000
210,000

7,000

7,000
8,000
21,000
23,000

23,000
1,000
43,000

15,000
53,000
1,000
8,000
3,000

56", 000
483,000
29,000

2,000
16,000
80,000
2,000

22",000

Firestone Tire & Rubber 3 Ms—1948 A
liFla Cent & Peninsular 5s
1943 J

JFla East Coast 1st 4Ms
-1959
Alst & ref 5s series A
-.1974
ACertiflcates of deposit
AFonda Johns & Glov ref 4Mb 1952
Proof of claim filed by owner—
*
a (Amended) 1st cons2-4s—1982
Proof of claim filed by owner—
ACertdficates of deposit
Fort St U D Co 1st g 4 Ms
-1941
Francisco Sugar coll trust 6s—.1956

O

105M
43 H

J D
M S

8M

51
Sale
Sale

MN
J

J

MN

50 M

51M

31

8M Jan.
8M Jan.

2
3M
3M
2% Jan.
2
2M
3%
2M Jan.
2M
10017J2Jan.
100 M 103 M 10017sil03
48 M
49 M
49
Jan.
53 M
50 M

26
30

2M Jan.
2M Jan.

18

24 10017«tJan.

24

23

10

8

8

---

124
123H
103 M 105
103
101M 102 M 102 H 101
24 M Sale
24M
26M
58
32
34
27 M
35
27 M
24 M
29
26M
40

Jan.
Jan.

22 105

101

Jan.

4 103

A

106 M

J

69 M

J

13

J
;* iGeorgia Caro & Nor 6s
—1934
AGood Hope Steel & Iron sec 7s. 1945 A O

15

106 M Sale
Sale
67 M Sale
Sale
13
17
19M

189,000 Goodrich(B F)Oo 1st mtge 4Ms. 1956 J D
11,000 Gotham Silk Hosiery deb 5s w w. 1946 M S
Gouv & Oswegatchie 1st 5s
1942 J D

105 M

1941 J
J
1947 J D
1944 F A
1950 J
J

104M
78

1961
1952
1973
1976
1977
1946
1946
1967

105 M 105M 105M

Sale

Grand R & I

196,000
188,000
56,000
156,000
148,000
503,000
327,000
211,000
16,000

26",000
54,000

187",000
98,000

ex

1st gu g

4Ms—.

....

AHarpen Mining 6s

26,000
57,000
40,000
90,000




For footnotes

see page

30.

Sale
93

70

17

Jan.

25

2

19

Jan.

3

23 105 M Jan
13
91m Jan.

10

Sale
90

89 M
27

104M Jan.

o74

88M
Sale

9

80

Jan.

4

86

Jan.

72

Jan.

5

76M Jan.

10
29

Sept.

3

88
May
81
Apr.
74 M May
74
May

82M

84
Sale

100 M

Sale

81M Jan,
81M Jan.
99*1 Jan.

Sale

88

Jan.

16

72
58
8

Jan.
Jan.
Jan.

17
12

85
80

90 M

Sale

91

J
Feb

73 H

Sale

73

58
8

64
9

58

85

Sale

80

86

82 M
85 M

Sale

79M
85M

80 H

J

J

A

O

78

MN

46

105M Jan.
97M Jan.

MN

97 M

73 M
Sale

Jan.

91M Jan.
75M Jan.

9
18

26
4

8

88

98 M

Oct.

25

Oct.

20

Oct.

23

July 14
Sept. 8

Feb.
7
Sept. 27
Oct.

24

Sept. 25
Jan. 11

Jan.

6

8M Jan.

24

Jan.

15

Jan,

24

87M Jan.
83M Jan.

95
96 M
96M Jan.
108
Jan,
108M Sale

99
17
5 109

122
123
75 M
80
44

50

97M Sale

120H Jan.
75M Jan.
44M Jan.
97

Jan.

4 122
29
80

17
9

107 M July
Mar.
94
Mar.
89 X Mar.
89 M Mar.
110
Sept.
94 M Oct.
81M Mar.
60
Nov.
m Oct.
103 M Apr.
90
Aug.

69

Jan.

2

Jan.

11

18

38
116

Jan.

3

47M Jan.
98M Jan.

12
3

Apr.
Apr.

Apr.
53
Apr.
5M Apr.
103
Apr.
73
May
85
92
98

Jan.

4 106M Mar.
1
Aug.
4
4 80
Dec. 23
7 85
Nov.
2
2 87

66

8
12

58

103M Jan.
80
Aug.
73M Jan.
58
Sept.

3
3

20

Sale
Sale

3

Nov. 22

Apr. 14 105 H Dec. 29
May 15 92 H Dec. 28

Jan.

Sale

15
119

98
83

Jan.

Sale

J

J

6

101M Sept. 6 107 M
48M Apr. 11 80M
12M Apr. 20 21
13
Apr.
6 23
12
Oct.
5 45

85

90

Sale

5

■

3 106M Jan.
Jan.
15 100
Jan.
92
9
2
84
Jan.
1
Jan.
84
Jan.
1
104

Sale

Apr.

1 125 M June 22
5 105% Dec.
7
4 104 H Jan.
6
Nov. 16
59
Jan.
5
Dec. 19 62 M Jan. 18
Nov.
1
59H Jan.
6

80

86M

Sale

99
108 M

25]
20]

14
11

Sept.
Sept.
May

Jan.

Sale

O

June 14

3H
1M Dec. 26
4
I'M Mar. 8
100
Sept. 27 102 H
33
59
Aug. 31

119
100
95
22

Dec.

Nov. 24

Sept. 23
Dec.
1
106 H Nov. 17
46
Nov.
2
65M Mar. 14
Jan.
4
10
3
9M Jan.

Sept.

90

8i*
83

1961 A

108
104 H
101
104
104 H
102 H

'

104 %

99 M

1969 MN

3

25

90 M
Sale

1940 MJV
1950 A O
1950 A O
1952 J

10

Jan.

Jan.

Sale

81M
82 M

Jan.

18M Jan.

99 M

103

6 107
70
17

17

89

J

2

23

2

35

J
J
J

Jan.

24M Jan.

10 e28M Jan.

23

104 M

72

66

19

5
30

8

—

84

106M Jan.

J

Feb

1949
4,000 Hock Val lstcong4Ms
-.-1999
26,000 Hoe (R) & Co 1st mtge1944
44,000 t*AHousatonic RR con g 5s. .1937
34,000 Houston Oil 4 Ms debs
1954
-

J

91M

Jan.
Jan.

Jan.

4

20M

17

18M Sale

']

1,000 Grays Point Term 1st gu g 5s—
6,000 Gt Cons El Pow (Japan) 7s
1st & gen s f g 6 Ms
28,000
Great Northern Ry—
1st & refund 4Ms series A
226,000
Gen mtge 5Ms series B
219,000
Gen mtge 5s series C
71,000
Gen 4Ms series D
97,000
Gen 4Mb series E
149,000
Gen mtge 4s series G
400,000
Gen mtge 4s series H
351,000
Gen mtge 3 Ms series I
106,000
2,000 AGreen Bay & West deb ctfs A..
Alncome debenture ctfs B
31,000
Greenbrier Ry 1st gu g 4s
15,000 Gulf Mob & Nor 1st 5Ms ser B.
1st mtge gold 5s series C
48,000
Gulf & Snip Island 5s stpd
37,666 Gulf States St'l 1st mtge 4Ms..
188,000 Gulf States Util 3Mb series D...

19 124M Jan.
Jan.

122

187,000
122,000

29,000
29,000

53M Jan.

104

1951

97

5

2

Gen Steel Castings 1st 5Ms w w.1949
1 AGa & Ala 1st cons 5s_—Oct. 1945

98 H Dec.

Apr.

Apr.
52 M Dec.
6
Apr.
5
Apr.

Jan.

29

116,000
126,000

8,000

54

Jan.

Sale

6M Sale

67

102 M Sept.
100 M Jan.
Jan.
98

35

50
7

6M Jan.

7

88,000
209,000
1,000
8,000
1,000

"2",000

Jan.

51

44

Sale

53

UN

Gas & Elec (Bergen Co) 5s..-—1949
Gen Amer Investors deb 5s ser A1952
General Cable 1st s f g 5Ms A-.-1947
AGeneralElec (German) 7s
1945
ADebenture 6 M8
1940
aS f deb g 6s
—1948 MN
General Motors Acceptance Corp—

15-year debenture 3 Ms

Sale

8

J

96

Sale
106M
104
105
102 M
104 M 103X
103
Sale
104
101M
105 M Sale
105M

67

Jan.
June

85
91
99
108

May
Sept.

18
11
14
11
10

27
7
10
9
24
4

16
8
Mar. 21
Dec. 18

Aug.

Dec, 27

June 27
May 4 40
Sept. 15 122 M June 23
Jan.

5

25H Apr. 11
93M Sept. 18

78M Dec. 19
47 H Nov. 2

98*1 Dec.

6

SALES IN

Dec. 1939

402,000
5,000
613,000
391,000
35,000
7,000

287,000
5,000
403,000
359,000
89,000
3,000
1,000

96,000
110,000
14,000
135,000
72,000
401,000

12,000

35",066
202,000
147,000
312,000
405,000
273,000
45,000
176,000
513,000
69,000

1970
1951

B

—

Collateral trust gold 4s

Refunding 4s

_

Purchased lines 1st 3 Ms
Coll trust gold 4s

1951
1951
1952
1955
1952

3,000
209,000
25,000
193,000
245,000
94,000
49,000
5,000
10,000

41,000

10,000

3s

3,000
116,000
16,000
8,000

109",000
28,000
77,000

69,000
51,000
43,000
139,000
132,000
28,000
1,000

Sale

J

43 %
Sale

J

Jllseder Steel Corp 6s
Ind Bloomington & W 1st 4s
7,000 Indiana 111 & Iowa 1st gold 4s.. 1950
6,000 | Alndianapol & Louisv 1st gu 4s. 1956
Indianapolis Union Ry—
Ref&impt mtge3Msser B... 1986
1948
147,000 Industrial Rayon 4 Ms
1961
68,000 Inland Steel 3 %s series D
1966
751,000 tlnterboro R T 1st & ref 5s
^Certificates of deposit
749,000
*
a 10-year 6 % notes.
1932
132,000
iCertificates of deposit....
3,000
* a
1932
171,000
10-year 7% notes_ ^
a Certificates of deposit.
381,000
1947
33,000 Interlake Iron conv deb 4s
Int Agri Corp 1st & coll ctf 5s—
1942
2,000
Stamped extended to
1952
172,000 t a Internat Gt Nor 1st 6s A
a Adj mtge 6s series A.July 1 1952
230,000
a 1st mtge gold 5s series B
1956
98,000
A 1st gold 5s series C
1956
117,000
1944
146,000 Internat Hydro El deb 6s
1941
254,000 Int Merc Marine 1st s f 6s
204,000 Intern Paper conv 5s series A— 1947
1955
342,000
Refunding 6s series A
42,000 Int Rys of Cent Amer 1st 5s B... 1972
First lien & ref 6 Ms
1947
23,000
1952
604,000 Internat T & Tdebg4Ms
Deb gold 5s.
1955
784,000
47,000 lilowa Central Ry 1st & ref 4s.. 1951
31,000 James Franklin & Cleart 1st 4s.. 1959
62,000 Jones & Laughlin St'l 1st M 4 Ms 1961
.

_

.

.

7,000
123,000

51M
48M
48 %
43 M
46 %
56 %

42
44

Jan.
Jan.

9
17
16
26
15

52M Jan.

20

43M Jan.

16

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
46M Jan.

8

3
26
3

J

102 H Sale

A
J

A

Sale

47% Jan.
43 M Jan.
100 M Jan.

23

A

O

Mn
J

J

16"

Sale

o

1
14

Sale
Sale

J

Sale

J

14

o

73

Sale

o
3

68

Sale

M 8
MN

Sale

102 M
97 M

81%

F

Sale
84
Sale

A

J

J

F

A

SB

Sale

43 M

Sale

M S
J D

53

aVA
Sale

M 8

94 M

Sale

O

3

3

J

3

1M

99 M Jan.

99 M Jan.
61
Jan.

17

Jan.

15

12

Jan.

13

25

O

8fK

29K

1M Jan.

94

Jan.

5

MN\

31M Sale

8

8

—

—

M S
J

106 M

3

J
1961 J

3
3

80

.T

3

82

—

101M 104

J
J

-

A

O

F

A

«

—

—

«.

A

M 8
A O

15
12

Jan.
Jan.

24
2

J
D

2

95

Jan.

Jan.

2

18
2

Jan.

2

Jan.
Jan.

11

Jan.

2

Jan.
Jan.

9
22

Jan.

23

5

IoIM

80"

87

83

84 %
85

7M Sept. 23

9 105

19
19
10
24

50

June 19

51

Apr.

10

79

May

56 M Mar.

9
9
5

9

99
June
5
70 % Mar. 30
15
Dec.
6

1

26

Dec. 26

75 M
75 M
43
31 %
74
74

97

3
Nov. 22
Nov. 22
Feb.

18

Nov. 15
Dec. 13
Dec. 13

Sept. 20

20 103 M June 26
8
6
21M Oct.
Jan.
4
4
1% Aug. 23
Jan.
4
8M Aug. 18 20
Jan.
4
8% June 30 20

Sept.
Apr.
Apr.
82% Apr.
73
Sept.
87% Oct.

SB
93

Dec.

28

87 M Jan.

13

Jan.

24

5

Mar. 10

¥

Mar. 13

Feb. 16
Oct. 20

5

60

96 M Jan.

June 28

89

37
Sept.
36 M Sept.
Mar.
Sept. 1
Jan.
Apr. 10
Sept. 5 109M Jan.
Feb.
102 M Sept. 2 107
20
Dec. 29 36
Jan.
7M Dec. 21 H* Jan.
17
Feb.
July 14 20

¥

6

ll

Nov* 20

June 28

23
62
56
99 M

Mar.

9

11
79 M Sept. 12
12 103
Dec.
2
18
97 % Dec. 27
18
83% June 12
3 100
June
8

4

16

60 M Mar.

99 % Apr.
9
Apr.

10

Jan.

Mar. 21

4

Oct.

Jan.

4

61

9

Feb.

July 17
65M Nov. 15
52M Nov. 28
55
Nov. 28
63
Mar. 8

% Feb.

Jan.

Jan. 26 108M Jan.

4

Mar.

6 109

38%. Dec. 13
1% Dec. 27
40
Sept. 2
90
Sept. 2

4

9

Jan.

14 105
3 102

Mar.
May
■Sept.
50 % June
50 M June
27
Apr.
29M Dec.

36

4

8

5
13

Mar.

103

5

10
31

Jan.

9

60 %
71
56 M
83 %
66

104
90

5
6

27

Mar.
Dec.

27
27
19
4
7

18
13
19
3
6

12 103

Jan.

5

27
93
104

Apr.
Nov,

5
6 108 M May 31

72

101 % Jan.

88

160

156%

Jan.

5

11 102

87 %
106 M
108

Sale

25

85

Jan.

25

88M Jan.
87
Jan.

30
11

91

Jan.

20
26

82% Dec. 20 82%
150
Sept. 19 170
77M Sept. 28 89
84
Dec.
5
86 M

106
Sale

104 %
105 M 106

107
104
105

Jan.
Jan.
Jan.
Jan.

105% 105 M 105 % 105 % 105% Jan.
2M Sale
84 %
86
85

3

3%
Sale

2 % Jan .
85
Jan.

88 M Jan.
2 106 M Jan.

103

Jan.

Jan.

4

95

5 106

Jan.

3 106 M Jan.

29
18

2

Jan.

23

2% Sept. 12

18
23

77% Sept. 27

3

31

90 % Jan.

85

Sale

82
44

Jan.
Jan.

3

85 M Jan.

Sale

3

Sale

43% Jan.

2

50% Jan.
49M Jan.

Jan.

5
12

Sept.
100M Sept.

99% Sept.

78

16

43
42

24

Dec. 20

July

25

Dec. 14

Dec. 20

% Aug.

3

3 108M May 23
6 105 M Dec. 30
6 105 % May 16

5 105% Aug.

Sept. 22

3

13% Jan.
91M Mar.

Dec. 20
Dec. 20
Nov. 24

90
June
58 % Mar.
58 M M ur.
51
Mar.

42

43

42

45

41M

42 M

43 M Jan.

75
80

78 M
82 M

60

50 M Mar.

44

Jan.

9

40

45

Jan.

10

41

May

67

44

Jan.

26

80

25

63

31

80

May 16
Sept. 6

90

5

21M Apr. 20
47
Aug. 29

37
64

Dec. 19
Mar. 10

75

82 M

10 106

Jan.

Jan.

25
24

98

24 107
15 105

47 M
48

85

88 % Dec. 15

Jan.

85

170
Sale

.

81M

13
Feb. 27
95
61 % Aug. 29

Jan.

Jan.
Jan.

Mar.
Jan.
Jan.

52

Dec. 28 105
Jan.
Oct.
17
41M Jan.

Jan.

31M Jan.
30
69
68

Aug.

60

89%

Apr. 11
Apr. 29

Jan.

Jan.

39

3

17

Jan.

28% Jan.

40

5s 1937 extended at
1947 J
2d gold 5>__
1941 3
Lake Shore & Mich Soug3Ms.. 1997 J

16M Jan.

25
24

50

45% Sale
43 M Sale

RR—
3% to

5

106 M

87%

80

31

31

8

101M
—

90 M

-

Sale
89
86 M
87 M
y J 106 M Sale
3
J 106
%
MN 104 M Sale"
3
J
104 % 105 M
F

8

9

79

29 M
29 M
28
30%
67 M Sale
65 M
68 M Sale
Sale
64 %
65
67% Sale
107 % 107 M 107 M
108 M Sale
103 M 104 M 103% 104 % 104
36 M
25
24

31 102 M Jan.

88

28

J

Jan.

June

43
40$

60

102 M Jan.
13 M Jan.

15

60

1001

3

Sale

Sale

Apr.
8
Aug. 10

Nov. 28

6

12
11M
11M Jan. 19 14M
12
12
Jan. 17
11M
14M
72M Sale
71M Jan. 16 74M
67 M
Jan. 22
75 %
68% 67
102 M Sale
101 % Jan. 29 103 M
99
97 % Sale
96 % Jan. 24
84
Jan.
3
88%
90%
89M
99
4
99
97%
96M Jan.
38 M Jan. 15 43%
39% Sale
42
Jan. 15 46%
43% Sale
1 % Jan. 29
1% Sale
1%
52 M Sale
55
52
Jan. 23

94

Dec. 27
Dec. 27
Aug. 28

Feb.

4

-----

2

42

17
50 M Jan.
15 46M Jan.
31 100% Jan.

.

1M

63
62

43 %

6

100%

102 M Sale
14 M Sale

44M Dec. 28
38

50M Dec. 13

101
Jan. -25 102 % Jan.
109
109M 108M Jan. 12 109 M Jan.
75 M Sale
2
76 % Jan.
74 M Jan.
75 M Saje
73 M Jan-.
76% Jan.
30 M Sale
30
Sale
30
Jan.
32 % Jan.
30
32
6
3 0 M Jan
29M
30 M Jan.
72M"74~ 'h7r™"SaTe" 72 M Jan. 30 75 M Jan. "11
73
Sale
73
Sale
Jan.
8
7251 Jan. 30 75
84
85 M
89
90M
83 M Jan. 29
90M Jan. 11

102 %

88

Jam

56

-----

■

5 112 m Jan. 18
92 M July 21

3

30

39
75

Sale
74 M Sale
74 M Sale

O

M S

Sept.
Jan.

55

Jan.

45M Sept. 13

83% Jan.

87

3

109 M

J

102

4

101M Sale

J
F

Sale Prices

60

Sale

Sale

Sale Prices

28 M Mar. 18

116M Sept. 22 128 % June 14
43
Aug. 23 51% Mar. 9
11M Jan. 24 17 % Sept. 28

63
Jan. 13
63
Jan.
3
46 M May
8

55

1939

Highest

9

105

—

—

75

105

A

1961
4Ms unguaranteed.
1997
Kings Co Elec Lt & Pow 6s
1949
215",660 Kings Co Elevated 1st g 4s
Certificates of deposit
27,000
1954
5,000 Kings Co Lighting 1st ref 5s
1st & ref 6Ms
1954
1,000
1951
125,000 Koppers Co 4s series A
28,000 Kresge Foundation coll trust 4s. 1945
3Ms collateral trust notes.... 1947
23,000
t Kreuger & Toll class A—
A 5s Uniform ctfs of deposit.. 1959
24,000
♦
ALaclede Gas Lt ref ext 5s
1939
121,000
Ref & ext mtge 5s
1942
57,000
Coll & re 5 Ms series C
1953
133,000
Col & ref g 5 Ms ser D
1960
52,000
Coll tr 6s series A
1942
19,000
Collatera trust 6s series B
1942
3,000

51M Jan.
45
Jan.
45 M Jan.

20

65
67 M
63
57 M
60
86 M

M 8

O

1,000

47 %
44
Sale
Sale
Sale

86 M Jan.

81
55

48 %
49
Sale
45
45
Sale
100.27101.4 100 %
15M
20M
98
95
100M
60
55
61 '
10
13 M
10 M

1990 A
1936 A

103,000 j*aK o Ft s & m ref g4s
a Ctfs of dep (Bankers Trust)40,000
1950
116,000 Kan City South 1st g 3s
Ref & Imp 5s-__
158,000
April 1950
82,000 Kan City Term 1st 4s
... 1960
43,000 Kansas Gas & El 1st mtge 4 Ms. - 1980
a Karstadt (R) Inc 1st Mtge 6s. 1943
a Ctfs w w stpd (par $645)
1943
a Ctfs w w stpd (par $925)
1943
a With warrants (par $925)
1943
1946
44,000 Keith Corp (B F) 1st ser g 6s
1987
Kentucky Central 1st gu 4s
Kentucky & Ind Term 1st 4 Ms.. 1961
1961
Stamped.

47

52 M

57

..

Kanawha & Mich 1st gu g 4s...

42
46 M
54 M
44 %

76

76

1963
1963
1940
1948
1940

"i"66o

46 M
46 M

Sale
85
70
60
63
57 M
60

1951

249,000
4 Ms series O
176,000
32,000 Illinois Steel deben 4 Ms

86M Jan. 20
68

Sale

1951

111 Cent & Chic St L & N O—
Joint 1st & ref 5s ser A_;

Lake Erie & Western

16,000
51,000

MN

1950
1951

—.

Springf Div lstg3Ms__
Western Lineslst g 4s.

Plain

"2",660

68
Sale

1955 MN
1966 F A

•

2,000
413,000
270,000
313,000
201,000
203,000
142,000
157,000
264,000
10,000
12,000
996,000
1,259,000
63,000
27,000
71,000

M S
A O

1953 MN

Refunding 5s
40-year 4%s.
Cairo Bridge gold 4s
g

85
85

1951

1st gold 3 Ms
Extended 1st g 3 Ms
1st gold 3s sterling

YEAR

Lowest

Highest

M

Feb 1957

Adjust income 5s

RANGE FOR

Lowest

Ask Bid
Ask
Sale Prices
Sale Prices
34 M Sale
34
33 M Jan. 17 37 M Jan.
8
126 M 127
126 % Jan. 24 126 % Jan. 24
Sale"
Sale
45 % Jan.
50 % Jan. 24
Sale
Sale
12 % Jan. 10
15
Jan. 29
Sale
112M
4
110M Jan. 17 112M Jan.
91
91
91
Jan.
91
Jan.
3

Louisv Div & Term g 3 Ms— - 1953
Omaha Div 1st gs 3s
1951
1951
St Lou Div & Term g 3s
1951
Gold 3 Ms
-

T.ooo

10",006

1

Illinois Bell Telep 3 %e ser
Illinois Central 1st g 4s

Jan, 31

Jan. 2

Hudson Goal 1st s f 5s series A.. 1962 J D
Hudson County Gas 1st 5s—
1949 M N
Hudson & Manhat 1st & ref 5s A 1957 F A

Litchfield Div 1st

"4"666

434,000
249,000
28,000

PRICES IN JANUARY

BONDS
n. t. stock exchange

Jan. 1940

20",066
114,000
316,000
37,000
242,000
162,000
615,000
5,000
3,000

EXCHANGE—BONDS

N. Y. STOCK

Fob., 1940]

82 %
84 M

Sale
Sale

82

34 M
50
49 M

Sale
55 %
52%

Jan.

Jan.
84 M Jan.

84

81M Jan.

23
15

34 M Jan.

31

39% Jan.
55% Jan.

8

Nov. 22

82 M Dec.
Jan.

29

Lautaro Nitrate Co Ltd—

223,000
47,000
64,000
6,000
22,000

34,000
1,000
35,000

41",566
1,000

79",000
4,000
46,000
165,000

661,000
229,000
359,000
>20,000
268,000

250,000
64,000
58,000
10,000
14,000

25,000
30,000
36,000
21,000

1st mtge income reg.Dec 31 1975

Lehigh Coal & Nav4Msser A... 1954
Cons sink fund 4Ms ser C
1954
1965
Lehigh & New Eng RR 4s A
1945
Lehigh & N Y 1st gu g 4s
Lehigh Valley Coal—
1944
a 5s stamped
1,000
Alst & refunding 5s
.... 1954
8,000
a 5s stamped
1954
25,000
1964
Alst A refunding 5s
11,000
1964
a5s stamped
32,000
a First & ref linking fund 5s... 1974
a5s stamped
1974
46",000
ASec 6% notes extend to 1943.
1,000
1943
a6s stamped
25,000
1954
78,000 Leh Vail Harbor Term 1st 5s
1940
JLeh V (N Y) 1st gu g 4 Ms
1940
4 Ms as>ened
"(6666
2003
57,000 t a Leh Vai (Pa) gen con g 4s
A4s assented
2003
216,000
a Gen cons 4 Ms
2003
75,000
a 4 Ms assented
.2003
75,000
a Gen consol 5s
.2003
10,000
a 5s assented
.2003
166,000
JLeh Va 1 Ter Ry 1st gu g 5s— .1941

10",066
9,000

A

23,000

5s assented
Lex & East 1st gu 5s

82,000 Liggett & Myers Tobacco 7s.—
5s
41,000
26,000 Lion Oil Ref conv deb 4 Ms
12,000 Liquid Carbonic 4s conv debs..
Little Miami gen 4s series A

169",660

240",660

15,000
51,000
6,000

15,000
61,000

J
J

A

O

M S

36 %
50 M
48

For footnotes, see r age 30.




Sale

86 M

87 M

30 M

32

37
F

A

F

A

F

A

17
26 M

FA

J~3
FA

3

J

3

J

MN
MN
MN
MN
MN

MN
A

O

87%
32%

26 M
50
48
43
43 M

11*
15

Jan.

3
2

54

89

87 % Jan.

10

88

34 %

32

Jan.

37 M
35
27
28 M
26 %

Jan. 12
Jan. 20
Jan. 19
Jan. 20
Jan. 17

37%

"35"

35

~26M

29
30
29 M
30
Sale

52

Sale"
50M
48
Sale
Sale

28"
28

26%

32
30
29 M

49% Jan.
48

29 %
46 %

Sale

51
47
43

Sale

43
16
16
16 %
16
18

17
49 M

Sale

18M
51 %

49M

~60"" 45
120 % 117M

70
Sale

Aug.

9

41

Oct.

15

37M
35
33 M
29 M
29 %

Jan.

12

36

40

Oct.

19

Jan.

20

20

Aug. 24
Jan. 13

Jan.
Jan.

20

I*

July 28
Sept. 15

20

22 M Nov. 24
16M Jan. 13

Jan.

10

Jan.

9
31

22

47% Jan.

30

44 M Jan.

22

45 % Jan.
16 M Jan.

12

15

Jan.

2

Sale

14% Jan.
15 % Jan.
14% Jan.

15
13

16 % Jan.

Jan.

4

2

16 M Jan.

11

Jan.

23
17

18M Jan.
18M Jan.

25
26

Sept.

P

Jan.

6

17

22
June 14
Feb. 10
30
37 M July 25
40
Jan.
3
Dec. 19
4
40
Dec.

Mar. 31

32M Oct.
31
Sept.
31M June
Sept.
50

Oct.

11

13
26

11
31

50% Nov. 28
56
55
55

Mar. 10

19
Sale

17

16 M Jan.

52

Sale

117

Jan.
Jan.

101 % 102% 102
68
69
68

Sale
-----

108

Jan.
Jan.

Jan.

17

4

Sept. 25
Sept. 28

23 M Sept. 27
23
Sept. 27

4

12M Sept. 5
11M Aug. 24
13M Aug. 25
12
Aug. 25
15
Sept. 1
14
Aug. 28

24
Sept. 28
23% Sept. 27

44

Sale
16%

126 % Jan.
127 % Sale
127 % 129% 129% Jan.
99 M 101
97% Jan.
108 % Jan.
107M 109% 108M

63

29

Sale

100

109

29 M Jan.
50
Jan.

51

127
127
129 M 130

—

91

30

18

.1944 A O
.1951 F A
.1952 A O
.1947 J D

75
Sale

64MMar. 11

4

19

46

45%

Dec. 13

84 M Jan.

34 M Jan.

23

9

46

23

49 % Jan.
43 M Jan.

117

Sale

9
11

Jan.
Jan.

25 M Jan.
50
Jan.

.1941 A O
.1965 AO

97

4

5

30

17
14%
14% Sale
19
15%

.1962 MA'
.1946 F A 102 M
.1952 J D
66
Lone Star Gas 3Ms debs..
.1953 F A 108
a Long Dock Co 3 Ms ext to— .1950 A
O
72%
Loew's Inc s f deb 3 Ms
Lombard Elec 7s serh s A

Sale
Sale

60

Aug. 29
Nov. 15

27

Sept. 26
Sept. 27
Oct.
5

Jan.
Jan.

11

16

111M Oct.

62
Sept. 28
2 118M June 17

17 127 M Jan.

3
22

118M Sept.

1 129% Jan.

19

54

5 118

13 130% Jan.
3 100
Jan.

16 109M Jan.
25 103
Jan.
Jan.
25 71
2 109% Jan.

50

119

Sept. 25 131

July

10

3

94
Sept.13
Aug. 25 .106
9 104M Sept. 5 110M July 17
Apr. 17
107
Apr. 17 107

29

29

92
Sept. 28 MS* July 28
Dec. 20
48
Sept. 22 69
102 M Sept. 8 111M July 10
75
Dec. 14
62
Mar. 14

N. Y. STOCK EXCHANGE-BONDS

26
SALES IN
Dec. 1939

PRICES IN JANUARY

?!

BONDS
n. t. stock exchange

Jan. 1940

Long Island unified4s—------1949 m s
Guar ref gold 4s
1949 m s

3,000
72,000
30,000
11,000
14,000
158,000
17,000
10,000

3,000
100,000
38,000
54,000
16,000
133,000
51,000

271,000
155,000
280,000
113,000
353,000
10,000
34,000

196,000
56,000
140,000
77,000
154,000
11,000
20,000

34",666

6o",66o

13,000

6,000

South Ry joint Monon 4s——1952 j
J
Atl Knox & Cin div g 4s_
1955 M n
a Lower Austrian Hydro-El 6 MbI 944 f A

50,000
13,000
53,000
227,000
522,000
608,000
119,000
12,000

65,000
27,000

McCrory Stores Corp s f deb 5s- .1951 mn
Maine Central rr 4s series a—1945 j D

<

4,000

116,000
107,000
324,000
809,000
71,000
239,000

_

1949
1944

stamped
—
Lorillard (p) Co deb 7s—
5s

m s
a

o

1951

4s

f

A

1945 M

-1960
Feb 1 1957
Manhattan Ry (n y) con g 4sl990

ta

a

a

a

j

83

Sale

26,000
4,000
22,000
4,000
52,000

27,660

1

6,000

61",006
2,000
271,000
63,000

127

83
Jan.
84% Sale"
108% Jan.
10934 110
108% Jan.
108%

10117#jJan.
101% Sale 101l7saSale
98
Jan.
98% Sale
100%
90%
91% 91% Jan.
92% Sale
Sale

81%
10234
8234
110%

7534
105
7

83,

88

Sale

82

Sale

103
Sale

Jan.
Jan.

80

85

80

Jan.

111% 112
73% Jan.
76%
77%
106
105% Jan.
10634 105
10%

"77%

22
12

Jan.
Jan.

25

80

Jan.

31
25

116

84% Jan.

31

18 110
Jan
20 108% Jan.

27

19 127
5 127
2

29 101% Jan.

2

3
4
4

26 100% Jan.
26
94% Jan.
18
88
Jan.

26

4
83
12 104

Jan.

9

Jan.

24

19

82% Jan.

18

78

2

Jan.

117% Sept.
Sept.
75
Sept.
100
Sept.
105% Jan.

12

67

55% Jan.

19

51%

Feb. 18

Sale

39

Jan.

27

40% Jan.

Sale
Sale

78% Jan,

2

82

10
24

79

Jan.

2

42% Jan.
42% Jan.

2

81% Jan.
44% Jan.
44% Jan.

5

Jan

20

40% Nov.

"69%

66

68

64% Jan.

11
4

59

16

Jan.

56

Jan.

72
14
54

88%
15

Sept.
Aug.

39

Feb.

Nov.

57% Oct.
Sept.
79% Dec.
79% Dec.
43% Nov.
42% Nov.
82% Mar.
83% Feb.
45

17% / pr.

11

81

"70

82

Jan.

20

Mar.

77

39% Jan.
Ii3
Apr.
26% Apr.
24% A nr.

"83%

6

85% Mar. 14
102% Dec. 26
88
Apr.
5

107% Dec. 28

24

3
2

15

Mar.

105% Mar.

5 107% Jan.
81
Jan.

Jan.

44

1940 q

89%

107% July 16
24% Mar. 9

Jan.

44%

Market Street Ry 1st 7s_.-Apr
Certificates of deposit

95% Dec. 23

May
100% Oct.
22
Apr.

Jan.

43

Dec. 26

102

12

52

43

68

101% Dec. 28

Feb.

110
65

Dec. 26
Jan. 23
Aug. 11
Mar. 9"
May 26
July 28

9 105% Jan.

78

44

88%
129%
128%
90%
110%
109%

29

107

Sale

Sale Prices
88
July 23
89
Dec. 16

Jan.

Sale

Sale

1947 A O

6
7
1
5
4

97% Sept.
Apr.
84% Apr.
80
May
73
Sept.
97% Jan.
82
Dec.

Sale

4234
41%

Marion Steam Shovel s f g 6s
Certificates of deposit---

10

91

55

Sale

|p

O

Highest

81% Jan. 27
80% Jan. 10

Jan.

89

79

Oct.

15

8'

2
27

9'
29
36
22
24

36
1
6

87

Oct.
Jan.

25

57

Oct.

20

64

105

Sale
52% Jan.
60
52% Jan,
Jan.
105% 105

Metropolitan Edison 4%s ser d-1968
Met Water,"Sewer & Drain 5%s-1950
*t AMet West Side Elev (Chic) 4s 1938
a Mex Internat 1st 4sasstd...—1977

m s

112

110%

-----

A.

o

*82

86 %

F

a

m s

6%
—-%™—

a 4s (Sept 1914 coupon on) — -1977
Miag mul Mach 1st s f g 7s—1956
Michigan Central-Detroit & Bay
City Air Line 4s
1940
Jack l & s gold 334s
1951
1st gold 3 Mb
1952
33,000
Bef & Imp 434s series c
-.1979
ll.OOf
Michigan Consol Gas 1st m 4s__1963
288,00(
a Midland of n j 1st ext 5s—-1940
13,00(

m s
j d

13" "

2,000

91% Jan.
89

24

78

105" 105%

29,000
28,000
11,000

Sale Prices

Sale

40%
80%
80%

86
50

Mead Corp 6s with

Sate Prices

YEAH 1939

Lowest

Sale

llv<

2013 J d

-

86
82

102% Jan.

107% Sale

D

mn
A

87% Jan.
125% Jan.
126% Jan.

mn

19,000
12,000
4,000
15,000

t,o66

90

warrants—..1945

21",066

•"

90%

q89%
Sale

Highest

1Sale Prices
88% Jan. 13
87% Jan. 20

100

Manila el Ry & Lt 1st 5s
1953 ms
Manila rr South Lines 1st 4s—1959 mn
lAManGB & nw 1st gu3%s—1941 J
j

22,000

88
88

79

2s 4siCertificates of denosit
-

Sale

107%

Certificates of deposit
-

127

126

110

s

Louisville & Nashville rr-—
Unified gold 4s
--1940
1st & rer 5s series b_
2003
1st & ref 4%s series c_
2003
1st & ref 4s ser d
——2003
1st & ref 3 %s series e
-—2003
Paducah & Mem Div 4s—---1946
St Louis Div 2d gold 3s
1980 M s
Mob & Montg 1st g 4%s
1945 m s

Gen mtge 4Mb series
Manati Sugar 4s s f

89
9134
883* Sale
89
87%

125% 12734 126%

j
Louisiana & Ark 1st 5s series a- -1969 j
Louisville Gas & Elec 3%s
-.1966 m s
Lou & Jeff Bridge gu g 4s.

!

Ask

Ask Bid

Bid

RANGE FOB

Lowest

Jan. 31

Jan. 2

j

5534

59

56%

a

-

j" j
m s
mn
j
j
m S
j

7

16%

Sale
7%

-----

110% Jan.
82

Jan.
Jan.

7

18% Jan.

Jan.

31

Jan.

29

3 105% Jan.

17

26 112% Jan.
3
86% Jan.
4
7% Jan.

31

17

17

18% Jan.

9
15

101% Apr.

108%
50%
5%
%

89% Jan.

D

18

May" 19

30

4 100% Nov.

8

76

65

88

9134
6534
10134
934

8 106% Dec. 21

5
July
6 112% Dec.
Mar. 10
Sept. 21 102
8% Feb.
7
Dec. 22
% Feb. 17
Dec. 29

Dec."

15

23

92
94%
91% Jan.
Sale
62
Jan.
63
66
74
101% Jan.
102% Sale
Sale
11%
12%
9% Jan.
1234

2

94

Jan.

66% Jan.

6
3

2 102% Jan.

31

18

15

12

Jan.

30

Jan.

2

32

Jan.

20

13% Jan.

15

15% Jan.

88% Nov. 24 97
64% Nov. 15 76%
92% Sept. 21 102%
14%
9% Apr. 2f

3

9
Mar. 15
Aug.
8
Jan.
3
Mar

Milwaukee & Northern rr—
*a 1st ext

11,000
173,000
1,000
41,000
37,000

379",606
35,000
124,000
31,000
70,000
66,000

24,000
447,000

29,00(
a

67,00(

56",66(
21,00(
4,00(
150,00c
32,00(
103,000
21,000
17,000
9,000
24,000
212,000

470,000
233,000
151,000
384,000

391,000
244,000
80,000
324,000

396,000
21,000
1,100,000
1,022,000
116,000
426,000
21,000
820,000
322,000
12,000
755,000
62,000

287,000
5,000
1,282,000
1,217,000
58,000
460,000
41,000
569,000
447,000
6,000
732,000
105,000
17,000

1939 j d
1939 j d
1947 m s
3%s 1941j j

4Mb
a Con ext 434s
Mil Spar & n w 1st gu 4s
*

AMilw & State Line 1st gu
AMinn & St Louis 5s ctffe

49
27
15

30%
5%
1%
%
6%
5%
6%
2%
134
5034
63%
29%

1934 m N
a 1st & refund gold 4s
-.1949 m s
a Ref & ext series 5s a
1962 q f
{*aM stp & s sm 4sstpdguar-1938 j j
*Alst cons 5s
1938 j j
*
Alst cons 5s grd as to int
1938 j j
a 1st & ref 6s series a
1946 j j
a 25-year g 534s
-1949 m s
1st ref 5Mb series b
-.1978 j j
1 AMissouri-Illinois rr 5s ser a. 1959 j
j
.

Mo Kan & Tex 1st g 4s

——1990 j d

Missouri-Kansas-Texas
Prior lien 5s series a

a
a

a

40

73

7%
2%
1%

Aug. 24
July 2C
Apr. 1(

20

28% Apr. li
5% Jan.
1% Jan.

15
2

7% Jan.
2% Jan.

26
4

Jan.

22

2

Jan.

23
23

6% Jan.
5% Jan.

4

Jan.
Jan.

10

27% Sale

26% Jan.

Sale
Sale

15% Jan.
12% Jan.
14% Jan.

19
25

4% Apr. If
1% Apr. 28

23

4% Jan.
4% Jan.
4% Jan.
1% Jan.
1% Jan.

Sale

5

5%
5%

4%
4%
1%

2%

1%

1%

1

53

56
70

64

j

19

Sale

16%

14%
16%
7%

Sale
Sale
8%

13%
13%

14%
14%
13%
3% Sale
14 % Sale
13%
14%
14%
13%
2% Sale
14%
14%
13%
14% Sale
13%
15%
66
70

16%
16

j

a

o

F

a

-----

m s

mn

deposit

-.1978 mn
1

Convertible gold 5%s_.--—1949 mn
1st ref gold 5s series h—
1980 A o
a Certificates of deposit
—
1st & ref 5s series i
-—1981 F a
Certificates of deposit

Mo Pac 3d 7s ext at

a

14

j

1st & ref g 5s ser g
a Certificates of deposit

a
*

27

12%
30%
6%
1%
1%

—..1962 j

ACum adjust 5s series a Jan 1967
{iMissouri Pacific rr Co—
Alst & refund 5s series a.
1965
a Certificates of deposit
AGeneral 4s
....—1975
a 1st & ref series f
1977

Certificates of

74%
31%

65

3

June

2

5% Sept. 1
Aug. 18
Sept. 1

I!

23

6% Jan.

4

15

2% Jan.
1% Jan.
55% Jan.

23
29

Ay*
50

3

70

Jan.

30

45

16

31

Jan.

3

25% Aug. 21

Jan.
Jan.
Jan.
Jan.

2

14

17

13

1% June 30
Dec. 29
Dec. 22

57% Oct. 21
Oct.

3

17% Jan.

5

33
31 %

9

Mar.

2
July 21

3% Feb. 17
3

Jan.

16

10% Sept. 27
7% Sept. 27
10
Sept. 27
5

Oct.

3

3% Sept. 27
69
75

June 12

July
51% Jan.

16
5

Aug. 24
11% Aug. 21
12% Aug. 22
6
Aug. 28

37% Jan.
32% Jan.

5
6

Jan.

5

17% Jan.

5

12% Apr.

21%
20%
6%
21%

Jan.

24

rr—

Pr lien mtge4 % s ser d _ _

a

6%
Sale
2
Sale
5%
634
3
Sale
55
64
Sale

52

....—1962 j
1978 j

40-year 4s series b

a

75
Sale
Sale
73

4%-July 1938 j

j

Jan.

15

19%
15%
16%
8%

Sale

13% Jan.

12

18% Jan.

25

Sale

14

Jan.

4

Jan.
Jan.
Jan
Jan.

30

16% Sale

2%
13%
13%
13%

16

13

Jan.

9

1%
13%
15%
13%

Jan.

17

Jan.
Jan.
Jan.

18
12

Jan.
Jan.

15%
Sale

7

2% Sale
16% Sale
16

-----

Sale
Sale

1

15
16

7

Sale
Sale

14

90

16%
16%
71

68

24

4

2
4

8

Jan.
Jan.

31

12

18% Jan.

12

18

Jan.

24
25

12

18%
17%
2%
18%
16%
18%
17%

Jan.
Jan.
Jan.

25

Jan.
Jan.
Jan.
Jan.

25

24

Apr.
8
May 17
Apr. 11
May 24
Dec. 27
Apr.
8
12
Sept. 5
12
Apr.
8
12% Apr. 12

15

71

Jan.

22

65

Jan.

18

Jan.
Jan.

12

23

Jan.

3

15

18

Jan.

15

4

Jan.

12

29% Jan.
34% Jan.
53% Jan.

May
Apr.
Apr.
July
Sept.

3 25%
32%
11
11
37%
12 59
13 106%

.

9

4

16
4

3

25
2
26
25

13% Nov. 10
3
Apr.
8

34

12%
12%
12%
12%
1%
12%

20%

21%
19%
4%

21%
20%
21%
20%
69

Jan.

4
Jan.
6
Sept. 27
Jan.
3
Jan. 11
Jan.
3
Jan. 14
Sept. 27
Jan.
4
4
Jan.
3
Jan.
6
Jan.
June
3

{Mobile & Ohio rr—
13,000
174,000
109,000
34,000
1,000

14,000
234,000
186,000
8,000
14,000

Montgomery Div 1st g 5s—1947 F a
a Refunding & Improv't 4 34s-1977 m s
*
a Sec 5% notes——.
1938 m S
Mohawk & Mai 1st gu g 4s
1991 m S

136,000
92,000
283,000
27,000
2,000

110,000
407,000
8,000
6,000

6s debentures
-.1965 a o
Montana Power 1st & ref 3%s—1966 j D
Mont Tram 1st & ref 5s series a-1941 j
j
General & refunding 5s a
1955 A o
Gen & ref 5s series b
1955 a o

259,000
129,000
307,000
76,000
1,000

a

Monongahela Ry 1st m 4s ser a-1960 mn
Monongahela West Penn Pub Serv—
1st mtge 4Mb
..i960 a O
132,000

289,000
89,000
169,000
90,000
5,000
3,000

53,000
255,000
73,000
1,000
266,000
166,000

79,000
422,000
239,000

44,000

Gen & ref s f 434s ser o
Gen&refsf5sser d
Morris & Essex 1st gu 334s

Constr m 5s ser a
Constr m 434s ser b
Mountain States t & t 3 Mb
Mutual Fuel Gas 1st gu 5s
Mutual Union Tel 5s

169,000

a

Assent

warr

59

105% 106

1955 a

o

2000 j

41%

Sale

40

Sale

1955 m N
1968 j d

36%

Sale

1947 m N
-1941 mn

108% Sale
116%
101%

67%

4s

April 1914 coupon on
.1951 a
4s April 1914 coupon off
1951 a
a Assent warr & rets No 4 onl951 a
National Steel 1st m 3s
.1965 A
a

a

34,000
123,000
8,000
1,000
33,000
77,000

1,000
273,000
4,000
9,000
10,000
14,000
,




3 110% Jan.

26

25
11

24
24
24

103

8 111% Jan.

Oct.
Oct.
Oct.

98

8 107

Jan.

12 100% Jan.
2
86
Jan.

22

17

8

56% Jan.

9

2

47% Jan.
44% Jan.

10

Oct. 13
Aug. 10

Sept. 5 110% Nov. 13
Dec. 36
Sept. 5 111
7
91% Sept. 21 101% June
99% July 13
75
Oct. 26
72% Jan.
3
51
Dec. 29
67% Jan. 30 67% Jan. 30

.1945 j

25

64% Aug. 28

72% June

3

52

Jan.

19

29% Jan. 27

46

2

49% Jan.

22

Sale

107

Sale

105

66

2

11

Jan.

4

29 108% Jan.
4 118
Jan.

"9

10 101% Jan.

3

39

70% Jan.

4

Sale

106

Jan.

107% Jan.

26

Sale

■

104

Jan.

105

Jan.

9

Jan,

36
56%
Sept. 1
54
30% Sept. 1
49
29
Sept. 1
99% Sept. 27 110%
111
Oct.
7 117%

97

May

19

%
%
%

:::::

%

%
Sale
103%

33%
35

124
60
Sale

Mar.

13"
2

Dec. 16
Feb. 16
Sept. 27
Aug. 12

12

% Aug. 22

1

% May 22
1% Jan. 26

% Aug. 29

%

8
123

3

%

73

Aug. 12

1% Mar. 10

June

2

%

—-

1%

102
68

June 12

% Jan.

12

9

Mar. 11

% May 22
% Nov. 8

% Jan,

%

%

o

Jan.

Mar. 10

Nov. 16

4 101

38% Nov. 10 44%
100% Nov. 15 102
99
Sppt. 5 108
95% Sept. 26 105

% Jan.

o

J

18

70%

45% Sale
45% Sale
102%

104%

o
O

Jan.

43% Jan.
42% Jan.

68

68

-

% Jan.

25

6
1

—

% Jan.

Sale
73

124% Sale
37%
60
36

% Jan.

1%
-----

Sale

25

Jan.

2

Jan.

19

102
70

% Jan.
103% Jan.
71

Jan.

25

29
11

%
92%
58
122%

Jan.

13 124% Jan.
4
36% Jan.

31

36

5

20

34

Jan.

20

31

20

123% Jan.

A
For footnotes, see page 30.

25

17%
19%
42%
101%

27

106

(j

Naugatuck rr 1st g 4s
-1954 mn
Newark Consol Gas 5s
1948 j D
{a New England rr cons 5s guar 1945 j J
Cons guar 4s

4

54%
68
Sale
41% Jan.
40
Jan.
42% Sale
35% Jan.
36%
37
107% 108% 107% Jan.
118
Jan.
117% 120
101% Jan.
101%

Sale

%
%
%
%

1a

a

Jan.

44

42%
102%

& rets No 4 onl957

*a Assent warr & rets No 4 on_1926 a

Sale
44

42

4s April 1914 coupon on
1977
4s April 1914 coupon off
1977
a Assent warr & rets No 5 onl977
Nat rr of Mex prior lien 434s—

4,000

68

51

d
1955 m N

a

7,000

27%
28% 20%
26%
28% Sale
32
34
Sale
51%
52%
53%
105
106% 108

109% Jan.
109% 109% 109% Sale
109% Jan.
110% 111% 111% Sale
100
Sale
99% Jan.
99% Sale
85
Jan.
85
Sale
83%
87%
55% Jan.
51
60
54%
57
51
72
54%
72

a

"l8',666

Sale
Sale
Sale

1955 a o

Nashville Chat & St l 1st 4s a.-1978 F a
Nassau Elec guar gold 4s stpd
1951 J J
Certificates of deposit....
National Acme 434s extended
1946 r~D
National Dairy Prod deb 3 Mb w w '51 mn
Nat Distillers Products 3 34s
1949 m s
National Rys of Mexico—
a 4Mb Jan 1914
coupon on.1957
a 434s July 1914
coupon on_1957
a 4Mb July 1914 coupon off. 1957

40,000

3~19,666

22%
28%
33%

36

<

Jan.

Nov. 27

Sept.
Sept.
Oct.

Feb.
Apr.
Apr.

1

Nov. 27

% May
6
5 103% Aug.
69
Oct.
16
6 125% July
11 36% Nov.
35% Dec.
6

15
18
21
27

26
14

Feb., 1940]

N. Y. STOCK

SALES IN
Dec. 1939

$

PRICES IN JANUARY

BONDS

Jan. 1940

Jan. 2

N. Y. STOCK EXCHANGE

Bid

15,000

31,000
39,000

New

d

J

England t & t 30-yr 5s a.1952

1961 M n
.1986 f a
1960

64,000

66.600

1st g 434s series b
n j Junction rr gu 1st 4s

68,666

24,000
12,000
53,000
60,000
42,000
3,000
1,000
52,000

27,000
9,000
58,000

n j Pow & Light 1st 4hs
New Orleans Great Nor 5s ser a.1983
n o & n'eastern ref 434s ser a.1952

5,000
2,000
57,000
5,000

ACertificates of deposit
Alst mtge gold 5s series o

496,000
224,000
1,666,000
773,000
480,000
162,000
48,000
69,000
114,000

139,000

480,000
1,172,000
83,000
24,000
109,000
55,000
2,000
96,000
36,000
61,000
---69,000

48,000
62,000
35,000

10-year 3 me secured

s

10834 109 m 10734 Jan.
2 109
69 34
73 m
69 m Jan. 16
54
56
54 m Jan.
15
103 m Sale
106
102m Jan. 11 10534
Sale
103 34 Jan. 15 10634
104m Sale
70
68 m
Sale
66 m Jan.
11
71
Jan. 20
34m 26
3134 28
29m

It*

A

~34m

IP

"35m

Sale Prices

118M Sept. 14 129
113
73

Jan.

30

105M Sept. 19 110

Jan.

30

65

Jan.

8

Jan.

3

102

Jan.

5

102

Sept.

Aug. 10
7 129 M Aug.- 7

June

6

Jan.

46M Sept.

Jan.

29

Jan.

12

23

Jan.

3

30

Jan.

4

21

Dec.

32 m

30

Jan.

30

38

Jan.

8

32m Jan.

23

15

30

30

34 m Jan.
37m Jan.

24 M May
30
June

3

58

73

June

A

32m

Sale

O

3734

40

30

6

Oct.

78

9

25

Jan.

Sale Prices

10

Apr.
Apr.
Apr.
Apr.

Sale

1939

Highest

30

32

30

37

A

Nov.

31
3

6 59M Mar. 10
10 106 M June
9
10 107 M Nov. 24
8 74M Mar 10
38
2

Sept. 29
Dec.

21

23

3

40

Sept. 27

12

35

Jan.

Sept. 29
7
4

9

24M Apr. 24

38

Nov. 17

24

Apr. 29

32M Dec.
3534 Jan.

29m Jan.

30

3334 Jan.

3

32m Jan.

31

39m Jan.

3

Jan.

18

33

Jan.

18

Jan.

31 111

Jan.

31

62

Jan.

3

78m
5634
62m
6334

Jan.
Jan.
Jan.

12

67

3
4

42

29

A

1998

O
1946
O
2013
O
2013
1952 M n

f

Conv secured 3 34 s

Sale

58

Sale

74h

Sale

77

55

Sale

52

Sale
Sale

34 Sale

60 m

Sale

57

61

Sale

57 m

j

86

Sale

a

59

Sale

65

Sale

a

O

o
a

o

A-XJ

78
86

Jan.
Jan.

2

56

Jan.

58

17
24

63 h

60

Sale

Jan.

105m
105m
52
49 34

ft*
IF

it0934 Sale

109

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

Jan.
Jan.

4

15

Aug. 25
Sept. 1

2

30
30

75
72

Sept.
July

31

56

Dec.

60

Jan.

30

Jan.

8

5934 Jan.
82

3

Jan.

11

8334 Jan.

31

86

25

Jan.

16 105m Jan.

1

8 108m Jan.
52
Jan.
24
51
Jan.

31

15

Jan.

2

Jan.

2 110

109m Jan..

2

10
_

5

Jan.

23

2 126m Jan.
9 118m Jan.

29

1

84M Mar.

67

3
22

5434 Dec. 26

89

9

Nov.
Mar.

70

8
4

68 M Mar. 13

IF

Sept. 27
Sept. 27

83 M Mar.
86 M Mar.
79
Sept.
107
Mar.

13
20

28

25
108 M Nov. 30
59 M Mar. 11

Sept.
Oct.

4734 Sept.
48 M Aug.
100
100

6

7334 Mar. 10
82M Mar. 10
Sept. 27
72M Sept. 27
77 M Mar. 10

47M Apr.
39
Apr.
65
Apr.
77 M May
50
Apr.
100
104

Sept. 27
Oct.

May 15

1
1
1

Sept.
47M Sept.
50
Sept.

Jan.

22

3

50

79m Jan.
87m Jan.
59m Jan.

20
19

24M Apr. 10 43
23
Apr. 10 36
100M Sept. 5 110

67

7934
79m
8634
87 m
59 m Sale

Sale

81m
75

A

15

27

109

O
O

2

22

Jan.

109 '

57 m
81

A

57

23

56m Jan.

Sale

61m
Sale
Sale
53m
Sale
79 m
77m
Sale
83 m
8134
Sale
77
78m
105 m Sale
104 m
Sale
108 m Sale
107
107
Sale
52
51m
50m
48 m
47
50
Sale
108 m 109
Sale
10834

f

A

56m Jan.
74h Jan.
51m Jan.

58

79m

58 m

m s
A

33
111

Sale

61

78m

1942

Lake Shore coll g 3 Ms
1998 F
Mich Cent coll g 3 Ms
1998 F
New York Chicago & St Louis—
Refunding 5ms series a
1974 A

275,000
837,000
Refunding 4ms series c
—1978
4s collateral trust
1946
58,000
1st mtge 3 Ms extended to
60,000
1947
159,000
3-year 6% notes..
1941
82,000 n y Connecting 1st gu 4ms a.. 1953
1st gtd 5s series b:
19,000
1953
42,000 n y Dock 1st gold 4s
1951
Convertible 5% notes
54,000
1947
112,000 n y Edison 3 ms series d
1965
1st lien & ref 3 ms series e...1966
21,000

Ill

J

1997

ms

32m Sale
28 m

107"

1945

—

—

Sale

1956 F

Rer & impt 434 s series a
Ref & impt 58 series c

n y c & h r g mtge 3
Debenture 4s of 1912

P

1954

New York Central rr—
Consol 4s series a

206,000
158,000
960,000
590,000
476,000

Sale Prices

18 128m Jan.
Jan.
17 127

YEAR

I

30

97,000
Q,s
ACertificates of deposit1,00'
5,000 Npt & Cin b gen gu g 434s--

7,000

Sale Prices

Jan.
129m 124m 12634 126
126m
12434 Jan.

28

,1956

ACertificates of deposit
Alst 434s series d
ACertificates of deposit
Alst 534s series a

37",000

85",660

Ask

Lowest

Highest

37

29 m

1954 A O

APirst 5s series b

38,000

1,000
19,000

RANGE FOR

Lowest

"70""

lW*
69

67

New Orleans Term 1st 4s guar.. 1953
j*aN o Tex & Mex income 5s.. 1935
^Certificates of deposit

72,000

Jan. 31

Ask Bid

127

12534

52 m
105m
10534

New OrleansP s 1st & ref 5s a..1952
1st & ref 58 series b
1955

54.000

18,666

EXCHANGE-BONDS

63
Sept. 11
110m June- 2112M June
6

Sept.
Sept.

n y & Erie—See Erie rr.

15,000
82,000

51,000
37,000
55,000
5,000
5,000

"v.666

39,000
100,000
»

7,000'

n y Gas el Lt Ht & Pow 5s_..1948 j
Purchase money coll tr g 4s__1949 F

n y Lack & Western 4s ser

Guar 4mb series b

2,000

125 m

a

117m

-----

11m

13 m

aN y & Greenwood Lake 5s—1946 MN
n y & Harlem g 3 Ms

41" 000

D

2000
a.. 1973
1973

mn

mn
mn

aNYLE&W Coal & rr 5ms-1942 mn
a Dock & impt 1st 5s
1943 j J
n y & Long Branch gen 4s
1941 M S
t* aN y & n Eng (Bost Term) 4sl939 A O

Sale

100 h 102
53 m Sale

125m
11734

Sale
Sale

125m Jan.
117m Jan.

1134

13

98

58 m
70

12

Jan.

26

60

Jan.

""8

99 34

55 m

16

11m Jan.

62 m
61

65

58

63

75

63 34
65

75

70

75
73

9934

75m

1634
1634

15

16

IP
IP

Sale
Sale

16

Sale

11

Dec. 20! 17 34 Jan.
5 102 H Aug.
63 " Mar

9934 Jan.
53m Jan.

48 34 Apr.
54
May

19
9
14

99 m

15

12

116M Sept. 18 126IN June 23
108M Sept. 12.1193* July 15

75m

33

68
Sept. 13
70
Oct. 27
71H Nov.
2
75M Jan.
9

Feb.

50

Jan.

Mar.

71

Jan.

30

71

Jan.

30

70

16

Jan.

20

16m Jan.

16

11

15

Jan.

17

4

16

Jan.

10

15M Jan.
1634 Jan.

16

Jan.

17

17

Jan.

6

15m
18m
2834
5m
18m

Jan. 23
6
Jan.
Jan .12
Jan. 15
Jan, 22

16

Jan.

11

20M Jan.

11

33

Jan.

3

6M Jan.

8

20

Jan.

10

Jan.

24

63

Jan.

4

Jan.

2

634 Jan.

22

Jan.

5

3 34 Jan.

3

i aN y New Haven & Hartford—

47,000
23,000
36,000
88,000
197,000
137,000

640,000
242,000
185,000
426,000
113,000
424,000
35.000

"4",666
7,000
3,000
14,000
99,000
51,000
7,000
33,000
6,000
22,000
4,000
9,000
569,000
68,000
23,000
42,000
166,000
36,000
44,000
179,000
46,000
62,000
92,000

ANon-conv debenture 4s
1947 M s
ANon-conv debenture 3 ms—1947 A O,
ANon-conv debenture 3 Ms
1954 a o

11,000

26",606
124,000
30,000
91,000
350,000
83,000
137,000
290,000
27,000
72,000
9,000

19", 000
35,000

J
.1955 j
1956 mn

15 h

AConvertible debenture 3 m»- -1956 J
AConvertible debenture 6s
1948 J

j

15m

j

19 m

1940 a

o

32 m

1957 mn

534
18m
60m
5m
2m

ANon-conv debenture 4s
ANon-conv debenture 4s

ACollateral trust 6s.

-

iDebenture 4s
Alst & ref 4mb ser of 1927

1967
t AHarlem r & Pt Ches 1st 4s. 1954
tan y Ont & West 1st g 4s
1992

1,000
1,000

4s

mn
m

s

1995 J

n y & Queens el Lt & Pr 3 Ms.
New York Railways Corp—

.

1965 m N
1958 J

j

1951 mn

J
1963 j
j*aN y Susq& West 1st refg5s_ 1937 J j
*
ASecond gold 4ms
1937 f a
AGeneral gold 5s
1940 f a
ATcrminal 1st gold 5s
1943 mn
n y Tel ref 3 Ms series b
J
1967 j
n y Trap Rock 1st s f g 6s
1946 J d

New York Steam Corp 3 Ms

6s stamped.

1946

aN y Westches & Bos 1st 4ms 1946
1966
Niagara Falls Power 3 Ms
Niag Lock & Ont Pow 1st 5s a__ 1955
Niagara Share (Mo) deb 5Ms._ 1950
*t ANorfolk South 1st & ref 5s a. 1961
ACertificates of deposit
*1 ANorfolk & South 1st g 5s
1941
Norfolk & West Ry 1st con g 4s_ 1996
North Amer Co deb 3 Ms
1949
Debenture 334s
1954

a

o

mn
F

a

mn
a

o

F

a

F

a

1959 F

Debenture 4s

a

North Cent gen & ref 5s ser a-_ 1974 m s
Gen & ref 4 ms series a__
1974 m s

dep stamped
Apr '33 to Oct '34 coup
1945
April '33 to Oct *38 coup...1945
Northern Pacific prior lien 4s__1997
Gen & lien ry & Id gt 3s. Jan 2047
Ref & impt 4ms series a
2047
Ref & impt 6s series b
2047
Ref & impt 5s series c
2047
Ref & impt 5s series d
2047
Northern States Power 3 Ms
1967
n'western Teleg 4ms extended. 1944

1,000

3,000

489",000

310",666

432,000
276,000
1,459,000
204,000
297,000
166,000

231,000
301,000
1,105,000
100,000
224,000
110,000

58,000

16,000
5,000
64,000
50,000
135,000
40,000
27,000
34,000

81",000
39,000
181,000
35,000
14,000
18,000
4,000

5,000
7,000
12,000
122,000
114,000
7,000
118,000
159,000
149,000

_

t

AOgden & Lake Ch 1st guar g 4s 1948
Ohio Connecting Ry 1st 4s
1943
Ohio Edison 1st mtge 4s
1965
1st mtge 4s
1967
1st mtge 3 ms
—,--1972
Oklahoma Gas & Elec 3348
1966
48 debentures
Ontario Power n f 1st 5s
Ontario Transmission 1st 5s

& Nav con g 4s
Oregon Short Line 1st con g 5s_

Pacific Coast Co 1st g 5s
Pacific Gas & el 4s series g

18m

19m Sale
2934
31m
5m Sale
19 m Sale
60
61m Sale
5m Sale
5m
3
3
2m
78 m
47
48 34
108"" 10934 108
_

23

52

Jan.

9

Jan.

29 110

Jan.

16

12 108M Jan.
3 105M Jan.

23

104

24

93

105

105

104

32

Jan.

23 105M Jan.
15
11
Jan.
8
5M Jan.

8

o

5
4 34
Sale
6
434
109 m 110m 111m 11134 110
108 m 109 m 109
109 m 108
103 m 103 m 103 m 103 34 103
Sale
12m Sale
11m
Sale
Sale
11m
54 m
57
57
54m

Jan.

3

Jan.

9 111

Jan.

Jan.

25 109

Jan.

Jan.

27 104

Jan.

11

15
15

1434 Jan.
13M Jan.

11

22

57

122m
10434
105m
10534

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

114

Jan.

9

45 m

10534
10634

Sale
.....

5m

42

11034 110
86

88 m

83 m
86

Sale
Sale
87
88

IP

IF

122 m
106

o

125

Sale

106 34 105m
Sale
105 m

Sale

Sale

Sale

105m 117

106m

Sale

112
107 m

Sale

107 m Jan.

15

11

5M Jan.
45M Jan.

30 110M Jan.
15
86
Jan.
5

88M Jan.
6M Jan.

8

15

30
10
26

62

11

11

Jan.

3
22

10634 Jan.

9

19

37 34

40

11

Jan.

92

Apr.

niH

94

Apr.
734 Aug.
7
Aug.
41
Sept.
11434 Sept.
98
Sept.
9734 Sept.
99
Sept.

17 34 Jan.
1534 Jan
60
124

4

_

1946
1943
1945
1946
1946

see page

30.

19

f

Sale

39 m

15

46 m

Sale
Sale

43 m
55

Sale
Sale

39M Jan.

J

42

Jan.

20

Sale

53

a
j

j
J
m s
m2v
m S
J
j
j D
j

D

F a
mn
J d
j
J

1946 J
1964 j

J
J

j
d
D

D
d

109m

Sale

7m

9m
Sale

Jan.

19

44

48
46M Jan.
46
Jan.
Sale
109m 109m 108M Jan.

16

47 m

13

8

9

107

108m Sale"
108 m 109 m
10834 Sale
106 m 106 34 107 m Sale
110
Sale
110m Sale
106
106 m
Sale
107.9 108
107 m 108""
105m 117m 107 h 117m
111
11034 Sale
111m
Sale

10734 Nov. 10
10634 Aug.
7
10834 July 28

Feb.

9

Dec.

28

50

Feb.

8

Jan.

27

5534 Mar. 17

19

40

68H
42X
47M
60X
51)^
51X
109X

Jan.

29

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

38

Nov. 14

6434 Sept.
3734 Dec.
3834 Dec.
50

Dec.

4234 May
4234 May
9834 Sept.

76 m
59

113

834
10834
107M
108M
106M
109M
105M

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

107M» Jan.

27

8M Jan.

23

6

2 1083^ Jan.

2

105

23 109X Jan.
2 1093^ Jan.

5

5 107 M Jan.
22 110K Jan.

23
26
11

102

Jan.

22

6 108M Jan.

11

10134
9534

5 106X

102 34

110M Jan.
116M Jan.

16 .111M aJn.
15 11SX Jan.

26

Sale
118

119

118

3

114

Sale

105m

Sale

104M Jan.
76
Jan.

13 11834 Jan.
18 106M Jan.

24

98

Sale

76

Sale

Sale

59

Sale

59

Jan.

Jan.

Jan.
112m 112m 112
Sale
110
11234 Sale
109M Jan.
108 m 109 m 108
Sale
107M Jan.
Sale

4
2

767/a Jan.
60X Jan.

12

5

27

27 113 34 Jan.
30 11234 Jan.

10

26 10934 Jan.

6

4

Aug.
Apr.

9734 Sept.
9834 Sept.
9634 Sept.

il8M

116

117
105 m

5
10
8

Mar. 24 107

95

108 m
108 m

June

50

45
29

Sale

Jan

1
4

11234 Apr. 22 11434 June 15

Jan.

Sale

5
7

106

Jan.

57m

27

June

29

64

49

Sept.

Nov.
103 34 Dec.

110

31

40

49

Nov. 29

Jan.

52
Sale

J

8

38

49

J
J

Mar.

34 June 14
86
July 18

29 114

39
66

q

Sept. 27

45

31 107M Jan.

Sale

j
j
j
j
F
J

17

Jan.

68 m
42

j

6

27

26 108

50

45

Feb.

HI

17

3 12534 Jan.
27 106 M Jan.
2

2

10834 June 13

9

7034 Jan.

8

29

Sept. 27
Sept. 27

10734 July
1234 Sept.

10234 Sept.
20 10734 Sept.

5

38

110
80

1034

IX

Dec.

30

18 10534 Nov. 20

534 Apr.
434 Dec.
434 July
30
July
100
Sept.

Jan.

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

9m
6m

Sept. 27
Sept. 27

Sept.27

82
Oct. 21
5534 Nov.
1
20

94 34 Sept.

30

9

5m

Dec.

Nov. 27
Nov. 21

11034 Jan.

Mar. 31
Jan.

5m
5m
3934
109m
85m
87m

9

Nov. 27
Nov. 15
Nov. 21
Nov. 22

934
2034
6134
1034

Jan.

104m Jan.

Sale

12

16

1634
1734
17 34
1634
2034

2H Dec.
62
May
44 V% May
102M Sept.

10434 106

Sale

17

Apr.
May
9M May
10
Apr.
10H Apr.
10
Apr.
10 X Apr.
16
Apr.
10

104m 106

36

q

1st & ref mtge 3 Ms series h._ 1961 j
1st & ref mtge 3 ms series i—1966,7




Sale

17

106 34 108 m 106m 108m 106m Jan.

37

1st guar cons 5s stamped
1946 j
Ore-Wash rr & Nav 1st & ref 4s 1961 J
Otis Steel 1st mtge 4Ms a
1962 J

For footnotes

54

109 m

15

17m

of

33" 000 Oregon rr
17,000
14,000
168,000
104,000
24,000
136,000
166,000
153,000

17 m
20
Sale
Sale
Sale
Sale
Sale
62
Sale
334

o

AOct 1938 and sub coupons—1945

ACertificates

15 m

83

j"j
M s

tiNorthern Ohio Ry 1st guar 5s
Apr 1 1935 and sub coupons. .1945 a

10,000

D

j

d
t aN y Prov & Boston gen 4s___1942 a o
n y & Putnam 1st con guar 4s__1993 a o
a General

Prior lien 6s stamped
6,000
10,000 n y & Rich Gas 1st 6s a

258,000
62,000
6,000
17,000
11,000
48,000
5,000
14,000
829,000
52,000
23,000
205,000
294,000
76,000
7,000
117,000
80,000
70,000
112,000

16

10434
11234

6434
53
101

Sept.
Sept.
Oct.
Nov.
Sept.
Sept.
Sept.
Sept.
Apr.
Apr.
Sept.

10134 Sept.
100

Sept.

38

Nov. 14

85

Mar.

9

53 H Mar. 13
6034 Mar. 11
7434 Mar. 11

65
64

Mar. 10
Mar. 10

11034 May 29

1034
10834
10934
10934
109 34
110-

Oct.

28

June

17
8

Nov.
Dec.

July
Apr.

1

15
4

6
10634 Dec.
113 34 Mar. 11
11634 Mar. 3

11134 June 26

11734
11834
10734
8134

June

2

July

31

June

15

Jan.

9

Aug.

5

113 24 May

6

65

11234 May
S
31 10
May 13

n. y. stock

28
SALES IN
Dec. 1939

exchange—bonds

EXCHANGE

N. Y. STOCK

Jan. 1940

17,000
6,000
62,000

57,000

*

*i2d extended

b_.

1966
1966

1955
1952 M S

f 4M8-Pipe L 4s A.
Corp—
1st mtge s f g 3s loan ctfs
1955
Paramount Pictures Inc—
3 %s conv debenture
1947
Parmelee Trans conv deb 6s
1944
Paterson & Passaic G & E 5s—.1949
iPaulista Ry 1st & ref 7s ser A..1942
.

94,656

75

1st ext 4s.. 1938
1938
gold 5s
....

iPacific RR of Mo

Pacific Tel & Tel 3 M.8 series
Ref mtge 3 Ms series O

aducah & Illinois 1st s

Panhandle Eastern

22,000
12,000
12,000
66,000

Pennsylvania Co—
Guar 3 Ms coll tr ctfs ser B__.
19,000
Guar g 3 Ms tr ctfs ser O
Guar g 3 Ms tr ctfs ser D_.__.
"5,666
34,000
40-year guar tr ctfs 4s ser E_.
299,000
28-year 4s
---27,000 Penn Dixie Cement 1st 6s A--..
2,000 Penn Glass Sand 1st mtge 4Ms.

a

48 m

M S

83 %

F

A

O

M S

80

41m
124

50

49

50

48m Jan.

84 m
44

85

86

84m Jan.
43m Jan.

43 m

M s

67 m

1941 F a
1942 J D
1944 J D

102 M
104 m

1952 M N
1963 P A
1941 M S

1960 J

RR—
gold 4Ms series A... 1977

D

12 104M Jan.

10

Jan.

10

86M Jan.

8

25

46,000

1st & ref

4Ms series B

--------

353",000 Pennsylvania Power & Lt oMs-,
4Ms debentures
155,000
22,000 Penn RR consoi gold 4s
Consol gold 4s
26,000
Stamped dollar bonds._
98,000
Gen mtge 3 Ms series O - 153,000
Consol 4Mb issue of 1915
50,000
General 4 Ms series A
561,000
General 5s series B
180,000
Debenture gold 4Ms—
373,000
General 4M8 series D.
358,000
Gen mtge 4 Ms series E.
243,000
Conv deb 3 Ms
241,000
80,000 Peoples Gas & Coke 1st 6s
Refunding gold 5s...
84,000
164,000 Peoria & East 1st cons 4s

,

35,000
15,000
90,000
14,000
147,000
184,000
42,000
16,000
28,000
46,000
456,000
116,000
147,000
91,000
108,000

O

Jan.

6

Jan.

31

67m Jan.

70

Jan.

2

3 102M Jan.

3

102m Jan.
105m
Jan.
105 m 106
106m 107m 106
104 m 104 % 105 m
104m Jan.
103
Jan.
103 m Sale
103
Sale
94
96
94
98 %
95m Jan.
Jan.
105
105
105 m
106m
-

J
1981 J
1969 f A

1974 f

A

1943 M N
1948 MN
_..

1948 M N
1970 A O
1960
1965
1968
1970
1981
1984

1952
1943
-• 1947
1940
1990
A Income 4s (flat)
- Peoria & Pekin Un 1st 5Ms A.. 1974
Pere Marquette 1st 5s series A_. 1956
1956
1st 4s series B
1980
1st g 4Ms series CL
Phelps Dodge conv 3 Ms deb— 1952
1943
Phila Bait & Wash 1st g 4s
1974
General 5s series B___1977
General g 4Ms series C
1981
General 4 M s series D
1967
Phila Co secured gold 5s..
1967
Phila Electric 1st & ref 3 Ms
J APhila & Read C & I ref 5s... 1973
AConvertible deb 6s—------ 1949
t * APhilippine Ry 1st 30-yr s f 4s. 1937

M S
A

O

Apr

-

f

A

J

J

J

J

M S
J

D

MiV
F

A

J

J

J

D

J

D

M S
J

J

M s
J

J

deposit
206", 000 Phillips Petroleum conv 3s..—1948 M S
35,000 Pitts Coke & Iron conv 4Ms A..1952 M S

81 *
94
108 m
108

2

5 196

96m

100

Sale

97m
108
Sale
107 m
Sale
108%
113 m
Sale
113
Sale
87m
Sale
117
118
100m
Sale
106m
Sale
85
Sale
Sale
96m
95m
Sale
Sale
84m

108 m
107 m

Sale
Sale

1c9m 108 H
113M 114m 113 m
113 m
H3M Sale
88 m
88m Sale
109

118

Sale

117m
100m
106 m
85 m

Sale
Sale

108

87 m
96 m

Sale

95 m
85 vs

Sale

97
96 %

Sale

85

Sale

115m Sale
115
116M 114m
69 m Sale
66 m
6
7M
9_m
106 K~ ltom 106 m
Sale
65
64m
58

59 m

55

Sale
Sale

Jan.
Jan.
Jan.

11,000
30,000

"7",666

3", 000

68,666
41,000
104,000

4Ms series A—1940
Con 4Ms series B guar g
1942
Con 4Ms series C guar g
1942
Con 4s series D guar g
1945
Con 3 Ms series E guar g
1949
Con 4s series f guar g
,1953
Con 4s series G guar g
--1957
Con 4s series H guar g—----I960
Con 4mb series I g
1963
Con 4Ms series J guar
1964
Gen guar 5s series A
1970
General g 5s series B
1975
General 4Mb series C_._
1977

P O C & St L g

a

o

O
MiV
A

MN

series B

1,945,000
68,000
93,000
166,000

1,972,000
27,000
6.000

7,000

42,000

13^000
92,000
63,000

32,000
11,000
44,000
186,000
7,000
200,000
4,000

188,000
138,000
236,000
38,000
6,000
6,000

1,000
14,000

3,000
7,000

48", 000
2,000
2,000

"5". 000
20,000

81
110

Jan.

23

Jan.
Jan.
Jan.

2

Jan.

Jan.

10m Jan.
3m Jan.
Jan.

110m Jan.
98

Jan.

102 % 103 m 102 M# 103m 102m Jan.
107 m Sale
107 m 109
107m Jan.
108 %
108 m
112
Jan.
109 m
111m
105

D

105

15

69 M
8

20

61M

19 111 7A

17 110 %
20 115
3 108 M
9 107 M

17

26

June

120

101H
108 %
Sept.
90M
Apr.
Sept.- 5 97
89
Sept. 6 97
90M
74 M Apr. 11
110
Sept.22 117M

Sept.15 117M
Jan.
4
43
Aug. 26 77
11M
3
Jan.
5
Aug. 23
A1D6M
Jan .19 103M
57 M July
Jan.
5
7 76M
Jan.
2
52
May 23 68
54
Jan.
9
May 25 72
Jan.
10 106M Mar. 31 li5M
Jan.
4 103 M Sept. 28 lllM
Jan.
3 107
Sept. 25 115
Jan. 22 102
Sept. 8 110
Jan.
4 102
Sept. 8 107 M
97 M Sept.
Jan.
2
1 106 M
Jan.
10 103 M Sept. 23 112M
19
Jan.
6
9M Sept.

SVs Jan.
6M Jan.

3
5

12 112
3 100

Jan.

30

Jan.

31

3 103

Jan.

5

10 107% Jan.

8

Aug.
Nov.
Mar.

June
7
Mar. 25

108

Sept.

-

7

Sept.

6

14

Oct.
6
Mar. 11
Aug. 11
Oct. 27
Oct. 27
Axig .-4
Oct. 11
.■

Oct.
Oct.
Sept.

July
July
Aug.
June
Dec.
May

-

13
6
5

28
25
17
16
29
19

Sept. 28
Sept. 11
Jan.

3

117
Sept. 13
105 M Sept.
90
Apr. 28 101M Sept. 13

102M Sept. 26 105M Mar. 16
9
106M Oct. 21 109 M June
104
Oct.
9 108 M June 23
102M Sept. 28 109 M Nov. 29
105
Dec.
5 106M Jan. 12

112

Jan.

4

18 116

Jan.

18

108 M 109 % 109
108
108

f

A

116

116

MN

115

19 108M Jan.
22 107
Jan.

10
5

101*

15 100

Jan.

11

923

115m

D
A O

107 m 108 m 105 m Sale
104M Jan.
105 m 106,M 105M Jan.
!03 m 108
98
Jan.
99
95
98 h Sale

J

J

117 m 116

Jan.

Oct.

101

5 107 M Aug.
Aug.
6 99% Aug.
Feb. 18 107 M Mar.
July 25 59 M Sept.
Sept.
July 25 59
July 25 59% Sept.
Mar. 23 106 M June

Jan.

23

46

Jan.

23

Jan,

24

23

"45m

40 h

43

44 m
44 m

Sale

40 m
42 m

45

43
41

43

\

23
104

106

106

110m

Jan.

23 107

Sept.

16
16
19
8

27
27
27
26

110M

106

19 117M July 28
7
19 118M June

Sept.

23

40M Jan.

44M Jan.
46M Jan.

43

Sale

Oct.

106J

108

108

Jan.

105
110
110

A

J

4 111
Aug. 18
Feb. 25 108 M Aug.
3

105

109 m

f

M 5
J

J

106

80 H

-----1942

a6s stamped.

Sale

72 m

Sale

m Sale"
64 m

59

Sale'

59

Sale

Sale

Cable coll 5s_ 1953
1st M 3 Ms-1966
Pressed Steel Car deb 5s
1951
1 AProvidence Secur deb 4s gu—1957
I AProvidence Terminal 1st 4s—1956
Public Service El & Gas 3 Ms—1968
1st & ref mtge 5s
2037
1st & ref mtge 8s.
2037
l*APostal Teleg &

109

80

18 U

Sale

Sale

108 H

Sale

84 %

4m
3m
MN
60
M S
J J 110M ill %
149
J J 146
223
J D 219
Sale
1968 A O 109

67M Jan.

24

81M Jan.

71

82

4

5

1950 MiV

ACons mtge 6s
ACons mtge 6s

13 m

1952 MiV
1953 f A

iRhine-West Elec Power 7s
ADirect mortgage gold 6s

20 107

Jan.

10

63

Jan.
Jan.

16

63

Jan.

3

15

19M Jan.

24

22

iOlM Sept.

79

Jan.

4M Jan.

67 m
112 ?> Sale
110M Jan.
142 t 153
223
Jan.
219

5

5

\m

-1955 A O
1952 M S

deb.

Richmond Term Ry 1st guar 5s_l952
ARima Steel s f 7s
1955
1*aR1o Grande June 1st guar 5s 1939

J

J

102 %

M S

109

M S

1934

M S

105 m 107
10
7%
16 M

"7T066
24,000

JARutland RR 4Ms stpd

J

8

J

J

8

A

1941

O

97
109M

Saguenay Pow Ltd 1st M 4 Ms-.1966
4s.. 1947 J
5s. .1996 J
2d gold 6s
1996 A

St Jos & Grand Island 1st g

J

St Lawr & Adirondack 1st g

J

For footnotes, see page 30.

O

Oct.

153

Julv

Oct.

224 M Aug.
3
110M June 28

131
6 224

Jan.

30

Jan.

10

200
99

Jan.

3

Sept.
95M Apr.

104 M June 23

31

50M Dec.

79

Jan.

30

55

63

June 23

Jan.

5

50

Jan.

9

Jan.

5

Jan.

6

Jan.

5
2

68
92
94

80
80

Dec.

105

Sept.
Sept.

2
11

Jan.

30

25

Jan.

3

12

Jan.

30

15M Jan.

30

116

19

15

Jan.

30

7
7

15M Jan.

12

5

96

28

Jan.

14

28

Jan.

14

20

7% Nov.

Jan.

24

12M Jan.

3

31

27 M Jan.
110
Sept.
106

Aug.

2

4

5
8

13 % Jan. 17
Mar. 13
46
Jan.
44
7

Dec.

27M Dec.
11

3

Jan.

27 M Aug.

10M Jan.

2

Sept. 11
Nov.

Sept.

9% Sept.

11

18

Sept.
Sept.

100 M Apr
102 M Nov.
42

July

10
15M Dec. 28
Mar.
7
22

51

Dec.
Oct.

9

49

5
9

Mar. 10

101M June 20

10M Oct.

11

Mar.

102 M Aug. 14
Dec. 13
100
Nov. 3
96

Dec.

85M Apr.
102M Apr.
85M Apr.
95
Apr.

Jan.

Jan.
Jan.

3

63M Oct.

Sebt.
66M Sept.

100

Jan.

Sept.

19

Jan.

18

Jan.

Jan.

11

13

Jan.

m

up"
2?*
8K

13

"§4~"

Sale

7M

aVA

96 H Sale
104
111
..

..

108M Jan.
107M Jan.
6M Jan.

8 111
11 108

Jan.

20

Dec.

31

Jan.

4

9

94

79K

7 104

Jan.

5

Sept.

7

99M Sept. 26 107

9

8M Jan.
8M Jan.

Jan.

2

9% Jan.

Jan.

30

110M <fan.

16

23

98M Jan.

13

Jan.

3

Ill

Dec.
13 M Jan.

30

Nov.

14
2

30

Aug.

7
8

Jan.

26

11

Nov.

4

5M Jan.

25

li

Oct.

7
16

95

Sept.

29

Jan.

24

29

Sale

9M
Sale

80

104

107 m

_--

1969

1948 A O

Aug. 17

102% Sept.

Jan.

28M Jan.

Sept. 27

112

19

2 109

30 M
11m Sale

Mar. 14

88
6

60 M Dec. 29

120

1967

tARutland-Canadian 4s stpd..-1949 J

AKuhr Chemical 6s

12m

June 14

Aug.

19 105

28 m

Sale

Nov. 20

Feb.

Jan.

20

Dec. 22

19

June

Jan.

Sale

40

49

it4

aV*

5 112

30

3

70
40

Jan.

108

120

Gen mtge 3 Ms series I
Gen mtge 3 Ms series J

Aug.

Jan.

10M Jan.

107

24

14

A

M S

5

14m
Sale
105

28 M

9

Aug.

108
103 m 105 H 105

13 m

J
j*ARio Grande Western 1st g 4sl939
O
Alst con & coll tr 4s series A.. 1949
D..1977 M S

-1967

zl5M Jan.
14M Jan.

14 m

108

D

Jan.

23

Aug.

107 M Aug.
9
Dec. 29

10M Sept.

16 109M Jan.
18
82M Jan.

58M Jan.
17M Jan.
108h Jan.

11

60

15m
14 h

83

58 M Jan.

105M Sept.

Jan.

59

109 m Saib
108% Jan. 25 109M
3M8--103 m Sale
102M Jan. 15 104
Purity Bakeries Corp s f g 5s-.-1948 J J 103 m 104
r>
t ARadio-Keith-Orph pt pd ctfs
for deb 6s & com stk (65% pd)
J D
2
62 m Sale
61M
52M Jan.
61M Sale
*ADebenture gold 6s
1941 J D
50
57 m
57% Jan. 30 61
*a6s stamped
1941 J D
2
57
56 m "57 %
55 % Sale"
55m Jan.
Read Co Jersey Cen coll g 4s—1951 A O
72
Sale
Jan. 31
Sale
75M
Gen & ref 4Ms series A
1997 J J
IV* 75
72 M Jan. 26
75
72
77 m
Gen & ref 4 Ms series B
1997 J J 73
99 m Sale
99 m Sale
98M Jan. 16 100
Remington Rand deb 4M8 w w_i956 M S
99 m
99 h
96 m
98 m
98M Jan. 18 99
4 Ms without warrants
1956 M S
98 m 100 M 103 m 105 h
Rensselaer & Saratoga 1st gu 6S-1941 MN
Sale
93
Sale
95
91M Jan. 29 95M
Republic Steel Corp 4 Ms ser B..1961 F A
107
Jan.
5 108
107 ys Sale
Purch money 1st 5Ms conv.,1954 MJV 107 m Sale
92
Jan. 26
93 m Sale
95 m Sale
95%
Gen mtge 4Ms series C
1956 MiV
99 M Jan. 27 100M
100 m 100 H
98
100
Revere Copper & Brass 1st 4 M8-1956 J
J
26
Jan.
19
27
25 m
20 M
ARheinelbe Union sfg7s..
1946 J J
3
15
16M
16M Jan.
a3 M s assented
1946
15
Jan. 30
15
19 m
19 m
12m
ARhine-Ruhr Wat Serv 6s
1953 J J
Pub Serv of Nor 111

5
15

104

105 m

106 %
62

Potomac Elec Power

conv

Sept.
Sept.

30
24
28
4
15
6
21
16
2
15

1977

Electric 4MS--1960
1st 5s extended to 1950—--t APorto Rican Am Tobac conv 6SI942

Portland General

Richfield Oil 4s

Dec.
Nov.
Sept.
Aug.
July
90 M June

100
79
90
9
22
11

16

105

MN

*t ARock Is Ark & Louis 1st 4 Ms




17

31 111M
12 M
17

J

85,000
56,000

114,000
16,000

87 M Jan.
Jan.
9 116
22 116M. Jan.
19

Jan.

99 M Aug. ITq,
95 M May 26

92M Sept.

89 H Jan.
98 M Jan.
Jan.
98

Jan.

Sale

100J
1075

Sept.

18

8

2

Aug. 14
Aug. 11

100M Sept.23 108M
101M Sept.22 108 M
106
Sept. 25 109 %
114
107 M Sept.
108 M Oct.
113M

6

20 106

Sale

Oct.

Dec. 28
June 25

105

3

Jan.
Jan.

29

.Tan.

100

98

106

105

93 M Jan.

8

Jan.

Jan.

6

3

105

1962

Rochester Gas & El 4 Ms ser
Gen mtge 3 Ms series H

8,000

25

Jan.

Sale
110m Sale
12 m
11H Sale
3m
3m
4
6
Sale
7m

A

--1974

1st gen 5s

8

107 m

f

Pitts Va & Char 1st guar 4s...-1943 MN
1st 4Ms ser A-1958 J D
24,000 Pitts & West V
1st mtge
Ms series B
1959
7,000
1st mtge 4Ms series O
---I960
102,000
Pitts Y & Ash 1st gen 4s ser A.-1948

1st gen 5s series C
1st 4Ms series D

Jan.
15 109
27 108 M Jan.
19 109 M Jan.

105 m

110M 111m

96 m

13

Feb. 27
July 24
Oct. 28

103 M July 17
104
~
July 25

101 % Jan.
101 Vh Jan.

9

Jan.

-w —

Aug. 15

90 M Jan.
20 118M Jan.
31 102 M Jan.
31 108M Jan.

ACertificates of

110

98M Jan.

3

I10M 106 m Jan. 24 106 M
66m 63% Jan. 20 67
58
55
Jan. 24
57 "

108m

106 h 107
106 m
Sale
106
110m Sale

y. 17

13 114M Jan.

115

Sale

57 M

Sept. 26 91M
41M Dec. 12 58
116
Oct. 16 127
45
Apr.
6 73

102

Jan.

8

June

77

31 114M Jan.

114m Jan.
65m Jan.

114

5 112

45M Dec. 16

Jan.

.Sale
Sale

7

77M Dec. 29

16

Sept.

Sept. 5 112M June 12
2
101M Feb. 23 104 M Aug.
99
Sept. 5 105 M Dec.
7
100

Jan.

57
Jan.
57 m Sale
110m 110m 109m Jan.
109 m
109m Jan.

110 m Sale
109 m 110
110M 115

11H
3 m
6M

Jan.

116

7

65M Jan.
100

89

97M Jan.

4 105

Sale Prices
83
Mar. 10

99M Jan."
98M Sept.
96M Sept.

Jan.

5 105M Jan.
Jan.
2 104

26

Highest

Sale Prices
67
Jan.
3

Jan.

96m Jan.

97

Sale

50

45

31

Penn Ohio & Detroit

A

12

9 125

_

102 m

24 llOMJan.

Jan.

124

70m

67

Sale

Sale
Sale

125

125

Prices
Jan. 30
Jan. 24
Jan. 11

Sale
79
75
25 109 M

Sale Prices
76
Jan.
8
75
Jan. 24

80
74 m
68
80
Sale
108% Jan.
109m 109m 109
110M 110M 109 % 110M 109m Jan.
101%
101%
103 m Sale
103m Jan.
104m 105

Paramount Broadway

25,000

Ask

Ask Bid
70
80

Bid

Lowest

Highest

Lowest

Jan. 31

Jan. 2

YEAR 1939

RANGE FOR

PRICES IN JANUARY

BONDS

4

Dec.

28

6
Sept. 28 107 M June
103M Sept. 25 109M Dec. 27
88

n. t. stock

FEB., 1940]
SALES IN

Dec. 1039

exchange—bonds
PRICES IN JANUARY

bonds

Jan. 1940

Jan. 2

n. y. stock exchange

Bid

147,000
11,000
107,000
5,000

151,000
11,000
26.000
2,000

871,000
353,000
339,000
188,000

501,000

573,000

170,000
285,000
161,000
514,000
269,000

158,000
37,000
203,000
153,000

101,000
2,000
81,000
106,000

"3",000

251666

77,000

10,000

1,202,000

St Louis Iron Mtn 8c South—
A*River & Gulf Dlv 1st g 4s_ —1933 mn
^Certificates of deposit
iSt LPeo&NW 1st 5s
.—1948 j" J
3
t L Rky M & Pac 5s stamped. -1955 J

t ASt Louis-San Francisco Ry—•
-.1950 I

APrior lien 4s series A

ACertificates of deposit
APrior lien 5s series B.
ACertificates of deposit
ACon M4^s series A

1950

y

g 4s—1989
A2d gold 4s income bond Nov 1989
*Alst terminal & unif 5s—..1952
a Gen & ref 5s series A
1990
St Paul & Duluth 1st consol 4s__1968
ASt Paul E Grand Trunk 4 **s—1947
ASt Paul & K O Short L gu 4 **s 1941

61

J
J

12

Sale

25
63

11 **

1978 m"s
ACertificates of deposit stamped

% ASt Louis Southwest 1st

Ask Bid

61** Sale
21**
58**

Sale
11** Sale
Sale

11** Sale
11** Sale
105*
11**
64

MN

60

3

J

J

3

27**
33
17 J* Sale
10** Sale

J. J
JD
3

J
F

A

Jan. 31

60** Sale
59

61

20** Sale
58**
66**
11**
11**
12**
115*

Sale
Sale
Sale
Sale
11*1 Sale
105* 11**

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

18

62
62

Jan.

2

Jan.

3

23** Jan.

6

59** Jan.
585* Jan.
18** Jan.

18
15

60

Jan.

15

62*4 Jan.

16

10** Jan.

15
13

12** Jan.
11** Jan.

25
24

12
12

13
12

Jan.
Jan.

25
26

115* Jan.

2
3

10
11

Jan.
Jan.

10** Jan.
10

Jan.

10

Jan,

12
6

Jan.

11** Jan.

575* Sale
275* 30

23

64

Jan.

4

275* Jan.

12

17

16

Jan.

12

12
2
2

56

8** Jan.

19

275* Jan.
175* Jan.
105* Jan.

Jan.
Jan.

19
18

Jan.

2

65* Jan.

4

97 "m 985*
97 5*
975* Jan.
Jan.
114
115** 1145* Sale 114
Sale
54
54
Jan.
565* 58
1075* 108** 107** Sale 107** Jan.
112
110
111** 111** 1095* Jan.

26

95
Sale
6**
8

82

4K

Sale

9

85

9**
90

4**
5**

YEAR 1939

Lowest

|

Ask

RANGE FOR

Highest

7*1
5%

5

52

Apr.
8
51** Apr. 11
12** Mar. 31
52** Apr. 10
7

6**
7**
7
6**
6**

Sept.
Sept.
Apr.
Aug.
Aug.
Aug.

54** Jan.
26

June

65** Jan.

6

Jan.
5
23 ** Nov. 29

64

62** Mar. 24
Jan.
135* Jan.
14** Jan.

4

Jan.
Jan.

3
3

1
1
10
24
28
28

14

28

65

2

15

Sept. 5
8
Aug. 22
87
May 19
3** May 24
35* Apr.
8

14

14

3

3

13** Sept. 27
Mar. 9
35** Jan. 12
23*1 Mar. 4
155* Jan.
6
87*1 Mar. 24
65* Apr. 6
9
Jan.
4

t Paul Minn & Manitoba—

26,000
12,000
135,000
17,000
38.000
5,000
4,000
39.000
4,000
18,000

5,000
354,000
61,000
131,000
83,000
493,000
401,000
21,000
251,000
49,000
399,000
21,000

9,000
233,000
28,000
175,000
10,000

61,000
183,000
79,000
24,000
41,000
157,000

25,000
23,000
168,000
21,000
21,000
1,000
10,000
33,000
5,000
20,000

tPacific Ext sterling guar 4s._1940
St Paul Union Depot 1st 5s guar. 1972
San Ant & Aran Pass 1st guar 4s. 1943
San Antonio Pub Serv 4s
1963
San

J

J

J

3

J

3

A

O

1965 MN

Diego Cons G & E 4s

Santa Fe Prescott 8c Phoenix 1st 5s'42 M S

t ASchulco Co

guar

J
J

185*
1854

B—1946 A O

29**

1946 J

6**s

J

AStamped
iGuar. sinking fund 6**s

109 **

AStamped-—-

—-

3,000 Scio Vail & N E 1st guar g 4s
1989
13,000
a Seaboard Air Line 1st g 4s—1950
246,000
♦AStamped 4s
1960
13,000
a Adjustment 5s
—-Oct 1949
351,000
♦ARefunding g 4s
1959
81,000
ACertificates of deposit
762,000
Alst 8c cons 6s series A
—1945
178,000
ACertificates of deposit
15,000
t ♦ AAtl-Birm Divlst g4s May 1933
-304,000 { ASeaboard Air-Fla 6s A ctfis.*—1935
127,000
a6s series B ctfs of dep.
1935
607,000 Shell Union Oil 2**s debs
1954
22,000 Shinyetsu El Pow 1st 6**s
1952
>2,000 ASiemens & Halske deb 6**s
.1951
ASilesia Elec Corp 6**s
1946
15",000 Silesian Am Corp coll tr g 7s
1941
225,000 Simmons Co conv deb 4s
1952
37,000 Skelly Oil debenture 4s
-.1951
253,000 Socony-V acuum Oil 3s debs
-.1964

A

O

MN
A

O

O
F A
A O

A

—

MS

—

South 8c Nor Ala gu 5s

MS
F

A

F A
J
J
3

D

M S
F A

29**

"25"

&

32
32

115
13 **
16
15** Sale
15*
2 **
5
Sale
4** Sale
8

19

31
8

15 1075* Jan.
11 Ill** Jan.
9 1095* Jan.
Jan.
25 25
25
Jan.
16
11
35** Jan.
11
37** Jan.

5
26

1095* 110
1095* Jan.
Jan.
23** 29** 21
25
Sale
18** Jan.
35
37** 285* Jan.
35
38
29** Jan.
116
13** Sale

27 118
16
15

13j
*8

3**
6
955* Sale
62**

118

Jan.
13** Jan.
135* Jan.

Sale

IK
Sale

4

a

w
2Jj

5**

Sale

31
6
2
6

31
31

JL4J£J&axiu.
Jan.

31

3** Jan,

24

3

9

24
24
31

29

Jan.
Jan.
15** Jan.
15* Jan.

5** Jan.
85* Jan.
75* Jan.
,15-5*™Jan.-31
Jan.

2

Jan.

15

45* Jan.
96** Jan.

12
10

26

64

16

27** Jan.
995* Jan.
1025* Jan.

17

105

15106

95

108** 109

108** Sale

105**
108**
1095*
105** Sale
97** Sale

104
108

Jan.

29** Jan.

4

30** Jan.
18 100** Jan.

24
4
3

4

15
25
25

105*
7**
1**
3

6J* Jan.

4 '

96
May 10 99
111** Sept. 5 118
47** June 30 68**
995* Sept. 25 1075*
105
Sept. 5 112*4
109
Apr.
6 110**
15** Feb.
3 20

105

108
109

Sale
Sale

110**
106

Sale

98** Sale

Aug.
June

July 18
31** Nov. 6
32*1 May 24

Jan.
Jan.

4

8

Sept.

5

25

Mar. 11
June
1

1195* June
195* Mar.
175* Jan.

June

8
18
11
29

21

7

9

3
3
4

Sept. 27

25* May

Jan.
Jan.

June

4** June
11** Aug.
2*1 Apr.
2** May
885* Sept.
50
Aug.
25** Nov.

3
4

Sept-27
Jan.
3

5

5
Jan.
9
955* Dec. 29
62** Dec. 13
7
755* Jan.
23

k

June 14
Mar. 8

Jan.

12 105

Jan.
Jan.

9

Oct.

22

Sept.
Apr.
Sept.
Sept.

7
100** June
1055* Dec. 21
105** Dec. 23

Jan.

120

91
98
97

115

-

8

Nov.
Feb.
Jan.
Nov.
Jan.

10

—.1963

50.000 Southern Bell Tel 8c Tel 3 Ms—1962 A O
171,000
3sdebentures
1979 J. J
80,000 Southern Calif Gas 4**s
1961 M S
7,000
1st mtge 8c ref 4s
1965 F A
22,000 Southern Colorado Pow 1st g 6s. 1947
653,000 Southern Kraft Corp 4>£s_
1946

Feb.

Apr. 11
Apr. 11

1165**Feb.

57
Jan.
29** Jan.

35*

Sale
96
55** 62
33
29**

99** Sale
104**
105** Sale

——

Jan.

4** Jan.
75* Jan.
65* Jan
,

Sale
Sale

135*
29** 39
Sale
100
1025* 103
105** Sale

29**

15* Jan.
5

Sale

Sale

7** Sale
_14
16 ,1
3TTSale

25
10**
24 J*

98** Jan.

5 1145* Jan.
2
61** Jan.

1075* Jan. 26 109
1035* Jan. 29 1055*
108
Jan.
9 1085*
3 110
1195* Jan.
105

Jan.

975* Jan.

Jan.
Jan.

8
3
4

Jan.

13
31

99** Jan.

18

6 106

2

Jan.

Jan.

82

Dec.

May
Sept. 5 110
Dec.
935* Sept. 23 105
1035* Sept. 5 109** Nov.
105
Sept. 11 1105* Feb.
100
Apr. 11 106*1 Nov.
Dec.
87
Sept. 6 98
100

9

20
28

13
-3
9
8

Southern Natural Gas—-

86,000
473,000
723,000
648,000
1,285.000
1,348,000
667,000
78,000
407,000

50,000
1st mtge pipe line 4**s
..1951
238,000 Sou Pac Co 4s Cent Pac coll Aug *49
412,000
1st 4 Ms (Oregon Lines) ser A.1977
342,000
Gold 4**s
1968
719,000
Gold 4 3^s
May 11969
644,000
Gold 4**s_._
.—1981
224,000
10-year secured 35*s
1946
49,000
San Francisco Term 1st 4s
1950
304,000 South Pac RR 1st ref guar 4s
1955

338",606

328",000

637,000
215,000

632,000
232,000
241,000
2,000

192.000

43,000
28,000
43.000
218,000
39,000
24,000
2,000
164,000
179,000
158,000
90,000
4,000
10,000
119,000
90,000
299.000
448,000

lii'ooo
204,000
79.000
201,000
13,000
305,000
786,000

37,000
62,000
91,000
52,000

100,000

7,000
98,000
41,000
25,000
155,000
368,000
179,000
50,000
137,000
87,000
21,000
57,000

47

49.000
34,000
3,000

Sale
Sale

Sale

O

Sale

Sale

Sale
Sale

78
59

Sale
Sale

1994

Sale

87

Sale

Sale

57** Sale
77** Sale
805* Sale
78
72**

Tenn Coal Iron 8c RR gen 5s

79**
Sale

78
73
112

3s debentures
1959
Texas 8c N O cons g 5s
1943
Texas 8c Pacific 1st g 5s.—
2000
Gen ref 5s ser B
-1977
Gen & ref 5s series C
1979
Gen 8c ref 6s ser D
1980
Tex Pac—Mo Pac Term 5**s A.1964
Third Ave 1st ref 4s—
1960
AAdjustment income 5s. .Jan 1960
♦AThird Ave RR 1st gold 5s
1937
Tide Water Assoc Oil deb 3 Ms—1952

F A
J D
J
J
MN

J

126**
1145*
107**
895* 91*4
Sale
107

A

Sale

f

Sale

J
f

Sale

3

69

J
A

Sale

A

72

Sale

3

M S

99
Sale

J

AO
3
J
J
3

Sale

98**
Sale

1950 A O

655* Sale

O—1§42

1945
16,000 Ujlgawa Elec Power sec 7s
91,000 Union Electric (Mo) 3 Kb
-.1962
10,000 *4AUnion Elev Ry Chic 1st 5s_.1945
18,000 Union Oil Cal 30-yr 6s ser A May '42
3s debentures
178,000
1959
334,000 Union Pac RR 1st & land gr g 4s_ 1947
First 8c refunding 4s
.June 2008
199,000
1st lien & ref 5s
June 2008
97,000
34-year 3**s debenture
-1970
133,000
35-year 3**s debenture
l97l
180,000
22,000 United BiscuitJAmer) deb 5s—1950
73,000 United Cigar-whelan Stores 5s. 1952




Jan.
Jan.

23

Jan.

Jan.

9

Jan.

3

Jan.

4

Jan.
Jan.
Jan.

3

Jan.

3
3
4

Jan.
65** Jan.

5

885*
615*
79k
84**

Jan.
Jan.
Jan.
Jan.

4

Jan.
Jan.

1005* Sept.
40

May
405* May
39
May
375* May
37** May
51
May
78
Sept.
54
Sept.

6 1065* Dec. 20
17
17
17
17
17
16
26
1

585* Mar. 10
61*1 Mar. 9
575* Mar. 10
57*1 Mar. 9
57** Mar. 9
68
Mar. 10
93
Mar. 11
72** Mar. 10

755* Jan.
785* Jan.
Jan.

3

78

23

72

78

Jan.

1045* Jan.
17** Jan.
105

Jan.

1045* Jan.
105

Jan.

99** Jan.
105** Jan.

19 Ill** Jan.
22 108
Jan.
20 1065* Jan.
23
19
Jan.

15

5
3
3

3
10
3
8

13
19

3 1055* Jan.

12

30
3

105** Jan.
Jan.

1265* Jan.

1145* Jan.

3
31

92

5
22

88

Sale

Jan.

106** Jan.
1055* Jan.
Jan.

12

1095* Jan.

30
29
30
31
29
15

55

65
110

Sale

96
Sale

67** Jan.
67** Jan.
67
Jan.
925* Jan.
505* Jan.
13 5* Jan.
95
Jan.

15
4

17

565* Jan.

29

63

3

2

11 106

98**
106** Sale 106** Jan.
57
87

105** Jan.

2 106** Jan.

3

26 109** Jan.
91
Jan.

525* Sale
15
97

Jan.

1265* Jan.
Sale
114** Jan.
1075* 107** Jan.

67** Sale
67** Sale
67
93

17
23

129

1055* Sale
63
109

17

Sale
Sale

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

Jan.
Jan.
Jau.
Jan.
Jan.

Jan.

3

59** Jan.
89** Jan.

64** Jan.

20

655* Jan.

87

655*

1075*
105**
63
110**
72**
72
72
97**
54**
155*
97**
107**

11
2

77
44

Apr. 11
Apr. 10
Apr.
8
Apr. 11
70
Sept.12
60
Sept. 5
102
Sept. 5
97
Sept. 26
100
Sept. 5
12** Apr. 10
102
Sept. 20
975* Sept. 22
Sept. 5
68
Apr. 11
103
Sept. 6
57
58

91** Mar.
62*1 Oct.
81
Sept.
84** Oct.
80
74

Mar. 17
Mar. 10

112** Feb. 20
109
May 27
1095* May 11

22*1 July [19
105** June
7
106** Jan. 10
106 h June 27
99** Dec. 30
1075* Jan.
6

Sept. 21 130
112** Nov. 9 1165*
100
Sept. 5 110*1
95
79
Jan. 24

115

102

Sept.

95** Sept.

30
11
10
11

June"22

July [14
July [22
Mar. 10

6 1085* Jan.*l0
5 105*1 Dec. 30

Dec. 12 119
Dec. 27
89
Dec. 28
89
Dec. 27 89
Dec. 20 104

5
8
9
8

11
18
27
17

June
Mar

Mar,
Mar,

July
Nov,
16) (roct.1
28
98) i Aug.
Sept. 5 107) i May
52

Apr.
Jan.
Jan.

16
5

49

18
2

Aug. 24
84** Oct.
5

60** Feb. 17
905*lMar. 15

2

54** Jan.

715* Oct. 20

4

M S

-1966 J D

Trenton Gas & Elec 1st 5s
1949 M S
3
Tri-Cont'l Corp conv deb 5s ser A '53 J
ATyrol Hydro-Elec Power 7**s._1955 MN
AGuaranteed sec s f 7s
-—1952 F A

For footnotes see page 30.

87
57

Jan.

51** Jan.

116**

1045* Sale
17** 20
107
105
Sale
105** 1055*
Sale
Sale
105
Sale
105** Sale
Sale
106** 106

675* Sale
89** Sale

2,000
5,000

27

45

Jan.
Jan.
Jan.
Jan.

70** Jan.

70

107*
19*
107

Tokyo Electric Light (Ltd)—
1st M 6s $ series
288,000
June 15 1953 J D
41,000 Tol & Ohio Cent ref 8c Imp 35*s-1960 J D
4s

Jan.

Jan.

1065*
435*
485*
455*
45**

110
107** 107** 1075* 107

-.1951 J

Term RR Assn of St Louis 5s...1944
Gen ref s f gold 4s
1953
Texarkana & F S Ry 534s A guar 1950
Texas Corp deb 3**s
1951

g

45
Sale
Sale
Sale
Sale
52** Sale

Sale

S'western Gas"& Elec 4s ser D—1960 MN
tASpokane Internat 1st g 5s
1955 3 J

Tol W Va & Ohio 1st guar 4s
Tor Ham 8c Buff 1st 4s—

78

435*

485*
455*
455*
455*

9 107
26 485*
24
53
30 505*
15
50**
27 50**
27 58
31
805*

58

Sale

1956
1956
1956
—1996

Southern Ry 1st cons 5s
Devel & gen 4s series A
Devel 8c gen 6s series A

37,000 Tol St L & West 1st

107

1955

;

Staley (A E) Mfg 1st mtge 4s...1946
292,000 Standard Oil N J deb 3s
1961
162,000
15-year 2Mb debs,,—
1953
590,000 Studebaker Corp conv deb 6s__1945
192,000 Swift & Co 1st M 35*s
-.1950
1,000
8,000
92,000
39,000
177,000
337,000
5,000
61,000
88,000
54,000
58,000
43,000
334,000
1,316,000
41,000
56,000

Sale

M S
Af S
MN
MN
J J

Devel & gen 6**s series A
Memphis Div 1st g 5s
27,000
St. Louis Div 1st g 4s
—.1951J
118,000 Southw Bell Tel 3 **s series B—1964 J D
68,000
1st & ref 3s series C
1968 J J

"3",000
11,000
2,000

48 stamped

106**

MS
J

J

A

94
122

99
125

99
124

108
106** 1105* 107
125*
:::
125*

895*
Sale

85** Jan.
895
1075* Jan.
1065* 108
85* Jan.
9**
115
112** Jan.
.

nti

F

A

F

A

Sale

J
M S

Sale

m

110

_

107** Sale

M S
A O

MN
AO
A O

99
31
23 125
12 108

Jan.

Jan.

Apr. 26 109

IJan,

lAug.
[Jan.

Jan.

ni"

Sale

102

Sale

113
107

Jan.
Jan.
Jan.

Sale
113** Jan.
114** 115
Jan.
Sale
95**
96** 96
96 \
Sale
Jan.
96** Sale
Sale
108** Jan.
108**

Sale

63

Sale'

62

Jan.

13

86** Jan,

2 109

17
3
15
15
25
5
25
30
30
15

9

Jan.
Jan.

18
10
20
20
8
30

1125*. Jan.
1025* Jan.
114*1 Jan.
108** Jan.
4
115** Jan. 31
98

Jan.
97** Jan.
109
Jan.
67** Jan.

Feb. 27

j25** May 13

1?

O

J

Jan.
Jan.
Jan.

June 15 100
Mar. 4
Dec.
Nov.

98
125
107

Sale

8

12
17
11

1

24

6

26

10
8
9

Mar. 31

91
Nor. 20
5 110
m t. 13
13
IFeb.
7
Sept. 11 116**'Jan. 17

Sept.

Dec. 16
Oct.

Sept.
Sept.

16 1025* Nov. 9
5 115
June 12

5 1105* June

7

Mar. 15 1165* Feb. 20

Sept. 25 100** June
6
Sept. 30 100** June
6
Nov. 29
Sept. 6 110
Sept. 12 83**!Jan.
3

N. Y. STOCK

30
SALES IN

Dec. 1939|

EXCHANGE-BONDS
PRICES IN JANUARY

BONDS
n. y. stock exchange

Jan. 1940

Jan. 2

-.1953
188,000 United Drug Co (Del) 5s
11,000 UNJRR& Canal Co gen 4s— 1944
1934
31,000 ♦JiUnited Rys St L 1st g 4s. .
394,000 U S Steel Corpus debs-- ---1948
2,000 iUnited Steel Wks g 6Mis ser A 1951
a3Msser A assented--1951
a6ms series C
--1951
a3 Ms ser O assented—
-1951
ASinking fund deb 6 Ms ser A 1947
5,000
a3 Ms ser A assented
1947
85~666 United Stockyards 4 Ms w w_ -—1951
141,000 Utah Light & Trac 1st & ref 5s. -1944
1944
248,000 Utah Power & Light 1st 5s
332,000 £* AUtilities Pow & Lt deb g 5Ms 1947
*
a Debenture 5s
-1959
387,000

329,000
3,000
95,000
272,000
8,000

"3",000
~

8"66O
3O"O66
97,000
215,000
156,000
248,000

80 M
J09M

~3"66O

Jan. 31

105*1

Sale

23;
14;
23;

g*
?I*

YEAR 1939

Lowest

Highest

Sale Prices
Sale Prices
77
Jan. 24
81M Jan.
3
110
Jan.
3 110M Jan. 24
5 38*4 Jan. 17
37*4 Jan.
105 M Jan.
5 106*4 Jan. 22
17
23*4 Jan
24M Jan. 19

Highest

Sale Prices
Sale
69
Jan.
4 84*4
104
Sept.28 111
24M Jan.
6 38 M
100
Sept. 6 106 M

11M Sept. 20

Prices

Aug. 3
July 25
Nov. 29
Aug.
8

11M Sept. 20

50
14
50

Jan.

4
21
4

31

20

50M Jan.

4

23

.

11

Oct.

Jan.
Oct.

14;

22 M

25

14

20
Sale

90
102 M
103 M
89

24;
14M
92 M

Sale

Sale

102
102 M
92 M

Sale

Sale

r94

Sale

Sale

89

23M Jan.

17

24*4 Jan.

Oct.

13

20
Sale

Sale
Sale

Sale

105M 106M 102 M Sale

90
101

Jan.
Jan.

2

93M
102*4
103M
93M
e93*4

Jan.
Jan.
Jan.
Jan.
Jan.

15
30

83 M May 17
90
93
Jan. 26 102*4
93M Apr. 11 103 M
66
Jan.
3
89M

30

65M Jan.

Jan.

5

6
M Jan.
15 110
Jan.
42
23
Jan.

2

24

102M Jan.
87M Jan.
87M Jan.

31
16

102

19 105

Jan.

17

10

109

1957 MN l08~" —I I 109

Consol 4s series B

Ask
Sale

67*4
Sale

102,000 Vanadium Corp (Am) cony 5s_-1941 A O
Vandalia consol g 4s A
1955 F A

112,000

|

Ask Bid
Sale
77*4
110

Bid

RANGE FOR

Lowest

—

3

Jan.

9

17
22

Nov.
Nov.
Dec.
89M Dec.

30
30

96
Apr. 10 118*4 Sept. 12
106M Feb. 10 109*4 Aug. 3
106*4 Jan. 24 109M June 22

Vera Cruz & Pacific RR—

15,000
39,000
5,000

7,000
29,000
7,000

68",066

28,066

124,000

163,000

360,000
180,000
16,000
28,000
19,000
61,000
15,000
275,000
292,000
379,000
292,000
•38,000
.1.11,000
13,000

*a4ms July 1914 coup off
1934 J
*
M
H
M Jan.
♦a4ms assented
1934 J
*4
Sale
Virginia Elec & Pow 3 Ms ser B--1968 MS 110
109« 109M 109M Jan.
Va Iron Coal & Coke lst g 5s—1949 M S
Va & Southwest 1st guar 5s_---2003 J
J
First cons 6s
—1958 A O
Virginian Ry 1st & ref 3 Ms ser A 1966 M S

108M Sale

1939 MN

38 M Sale

423,000
128,000
5,000
32,000
5,000
15,000

74,000
157,000

*

.

ASecond gold

1939 F A

5s

Alst lien 50-year

AOmaha Div 1st g 3 Ms
aToI & Chic Div 1st g 4s

426,000

65,000
6,000

Is, 006

"3",000

29", 000

"9", 660

41

—

West

231",000

n

O

265",066 JiWisconsin Cent 1st

453,000
179,000

12M
i 11M

41K
Sale

—

—

«■>

—

1952
1977

—

85
34

Sale

Western Union Teleg 4*4s gold!I960 MN
Gold 5s——1951 J D
Gold 5s-—I960 MS
-

AWestphalia Un El Pow 6s

1953
West Shore 1st 4s guar
2361
Registered
2361
Wheeling & L Erie RR 1st con g 4s *49
Wheeling Steel Corp 4 Ms ser A—1966
White Sewing Machine deb 6s—1940
f» AWilkes-Barre & East 1st gu g 5s'42
Wilson & Co 1st M 4s ser A
1955
Conv debentures 3 Ms
—-1947
Winston-Salem S B 1st 4s
1960

gen g 4s—1949
ACertificates of deposit
20,000
*ASup & Dul Div & Ter 1st 4s.1936
53,000
ACertificates of deposit
2,000
1968
32,000 Wisconsin Elec Power 3 Ms
19,000 Wisconsin Public Service 4s—-1961
1,000 t AWorces & Conn East Ry 4Ms.1943

389,000
176,000

Youngstown Sheet & Tube—
Convertible deb 4s—
1st mtge s f 4s series O

J

J

J

J
J

J

M S
F A
MN
J

D

32 M
—-

Jan.

107H Jan.

Sale
Sale

37M Jan.
17*4 Jan.
25M Jan.

SI**

41

48
15

Jan.

12M Jan.
11M Jan.

•It*
42
Sale

8

Jan.

17*4
17*4

A

O

J

D

J

J

1948 MS
1961 MN

.

Sale
35 M
36M

84*4 Jan.
32M Jan.
35

Jan.

Sale

108

Jan.

108 M

Sale

120 ~

Sale

126
Jan.
108M Jan.
118M Jan.

3

8

11

30

42 M Jan

22

12M Jan.

15

13

Jan.

17

10
9M Jan
Jan
16
13
9*4 Jan
3
9*4Uan
20 106 M Jan
10
70
Jan
22
a.
77
Jan

3

5

85M Jan.
35M Jan.
35*4 Jan.

126 M
120 >4

108M 112

84 M Sale

89 M
108
18 M
18*4
18
Sale

Sale

65 M
68

Sale
15

I4.,

Sale

Sale
Sale

Sale
Sale

67 M
69
Sale

JIM

Sale

48*4
42 M

Sale

114*4
96 M

Sale

1012»»«
12 M Sale

Sale

18
4

30

Jan.

25M Jan.

15

Jan.
Jan.

101

11

30
19
15
15

22

E1' Dec. 22

54

41H Jan.

.

Ill

83 *4 Jan
88 M Jan
107 M Jan

Oct. 10
Apr. 26 65
Sept. 1 109M June
2

Sept. 1 49M Jan. 10
14 M Aug. 29
28M Jan.
3
24*4 Dec.
6 30M Oct. 27
40M Dec. 27 52M Feb. 15
11
July 26 18
Sept. 26
10 M Dec. 27
18
Sept. 26
40M Jan. 11 43
Apr. 15
5
Sept. 1
15M Sept. 27
4M Aug. 25 16
Sept. 27
4*4 Aug. 24 15M Sept. 27
5
16
Sept. 1
Sept. 27
100
Sept. 21 107 M Jan. 11
56
Apr.
6 67 M Oct. 26
JZ3^June2-l --80—-Jan;™-~8'
,

31
4

Sept. 21

92

July

Dec.
2
Dec. 12

5

47
40

Mar. 16
Mar. 31
May
9
June 24

17 M

13

19

8 IllM Jan.

85
2
91
4 108
15
19
15

14

103

23
25

Jan

3
19
18

Jan.
Jan.

2

Jan.
Jan.

4

67 M Jan
Jan.
72
Jan.
70
15
Jan.
52
Jan.
46
Jan.

Jan
Jan
Jan
Jan

29

Jan.

Sept.

11

Jan.

18*i
18*i

Oct.
Jan.

17
24

10 103

_

16 114M Jan

98*4 Jan

2

6 112M May 23

May

Mar.

4

1
Apr. 27 95
Sept. 13 108
May 9 24
May 2 24
May
1
Apr. 11

Sept. 27
Sept. 27
Sept.16
Sept. 15
Sept. 15
Mar.
7
Mar. 13
Mar.
9
Aug.
1

3
4
4

Jan.

8

Sept. 20

4

Dec. 27

4

8

Jan
13 M Jan

18

105*4 Jan

2

98M Jan

27

17

Jan.

zl8

Jan.

15
2

10

June 26 103

2

Jan.

12

20M Jan.

4

19

Jan.

Apr. 10

3

7
Jan. 17
9*4 Jan.
Sale
6
6
7*4 Jan.
7*4 Jan.
8M
6M
8M
108 M Sale
108M Jan. 17 109M Jan.
109*4 Sale
109*4 109M 109 M Jan. 17 110M Jan,
109*4 110
9M
20
9M Jan. 26
9M Jan.

4

May 22
May 15
May 19
Sept. 22
Sept. 16

9

Sale

109M Sale
105 M Sale

7*4

106

Sale

105M Sale

105M Jan.
105M Jan.

22 10954 Jan.
22 106M Jan.

m

9
Mar. 10
Dec. 29

Nov.
3
Nov. 14
13 M Dec.
5
Sept. 7 105 M Nov. 17
Sept. 13
Apr. 14 99
Jan. 31 114
July
6

30

Jan.

26

59
Dec. 27 52
Jan. 19 114
Apr. 10 99

3
10

Jan.
Jan.

12*

mi
16"

22
12

Jan

103*
104M 105 M Sale
Sale
99M 97

Sale

29 127M Jan.
29 109*4 Jan.
2 120
Jan.

10

9 67
3 109
26 109 M July
7
Sept. 15 130
July 26
Sept. 13 110
Aug.
2
Sept. 14 122
May 22

16

2

17M Jan
17

Jan.

64
Jan
68M Jan
66*4 Jan

46*4
41M
46M
113*4
97 M
96*4

Sale

Jan.

16 108

6

May 11
45
Sept; 23
72M Sept. 28

May

108

84
Sale
88 M Sale
108
Sale

66
68 M
67
12
50 M
44
114
98 M
101
13
103 M
97
105
18

11

5
18

20

M June

1M May 24

72

23
62M Jan.
16 108 *4 Jan.

6

Sept. 23 HI

75

—

108

18
MN

85*4

36
34

M S

-»«

I*
8*

Jan.

59

83

Sale
7M Jan.
8M
9M Sale
7*4 Jan.
9
.8
Jan.
9*4 Sale
106
106M 105M 106> • 105M Jan.
A O
74
65
Jan.
Sale
67
79M
64
A O
74
Jan.
72
77
66*4

J
First & ref 5 Ms series A
West N Y & Penn Gen gold 4s—1943 A O
jAWestern Pacific 1st 5s ser A- -1946 M S

AAss6nt6d

18*
25
41

13

A O
J D

1945
1945 F A

Maryland 1st g 4s

240,000
75,000
43,000
54,000
70,000
89,000
194,000
178,000
13,000
78,000
53,000
30,000
201,000
1,000
41,000
97,000
65,000

40
55

58*4
62
106M 108

16

1950 J D 126M
94,000
1967 J J 108 M 109*4
23,000 West Penn Power 5s series E-—1963 MS 118 M Sale
1st mtge 3 Ms series I
18,000
1966 J J 108M 109

297.000
61,000
36,000
63,000
178,000
142,000
220,000
290,000
28,000
189,000
32,000
18,000
191,000
2,000
83,000
80,000
22,000

35,000
66,000
39.000
115,000
42,000

llH
18

Warner Bros Pictures 6s debs-.-1948 MS
t a Warren Bros Co. deb 6s
1941 M S
Warren R R 1st ref gu g 3 Ms—2000 F A
Wash Cent Ry 1st g 4s
1948

Wash Term 1st guar 3 Ms
1st 40-year guar 4s
Westchester Light gold 5s
Gen mtge 3 Ms

"46"'

13

t AWabash Ryref & gen 5Ms A--1975 M S
ARef & gen 5s (Feb "32 coup) B *76 F A
ARef & gen 4 Ms series O
1978 A O

-

62*4

19M Sale

1941
1941 M S

82,000
236,000
ARef & gen 5s series D
—1980
91,000
22,000 Walker (Hiram) G & W deb 4 Ms 1945
-1955
112,000 Walworth Co 1st mtge 4s
6s debentures--—1955
8,000

45
83

22 M

gold term 4s 1954

ADet & Ohl ext 1st g 5s—1941
*ADes Moines Div 1st g 4s—1939

42"666

1.000

73,000
18,000
41,000

t*AWabash RR 1st gold 5s

31
55
61

M June
6

5
2
9
26

Jan.

100

23

8*
W
110*
9

Sept.
Sept.
Sept.
Sept.
May
Mar.
Feb.

27
26
27
27
25
29
14

Mar. 31 115)4 Sept. 20
6 107 M Mar. 3

100 M Sept.

NEW YORK CITY
.1964 M S
J
.1967 J

7,000 4Ms.
3,000 4Ms.
*

Negotiability impaired by maturity.

Bonds selling flat.
H The following bonds
a

n
.

'

120
Jan.
124 M Jan.

Under the rule sales, only transactions or the

current month and not

included in year's range.

have been called for
redemption in their entirety:
Consumers Power 3Ms, 1965, May 1 at 104*4.

r Cash sales, only transactions of the current
month, and not included in year's range.
t Odd lot sales, not included in year's range:

t The price represented is the dollar quotation
pound unit of bonds.
Accrued interest
payable at exchange rate of $4.8484.

Treasury 2Ms, 1948-1951, Jan. 31 at 107.30.
Treasury 3*£s, 1949-1952, Jan. 31 at 111.21.
Federal Farm 2Ms, 1942-1947, Jan. 30 at 104.26.
Home Owners 1 Ms, 1945-1947, Jan. 31 at 101.9.

per 200

$ Companies reported

as

being in bankruptcy,

receivership, or being reorganized under Section 77
of the Bankruptcy Act, or securities assumed by
such companies.
a Deferred delivery sales, only transactions of
the current month, and not included in years

range.




x

Ex-interest.

The following cash sales were transacted
during the current month and are not included
yearly range,
Brooklyn Queens Co. 5s, stmp., 1941, Jan. 31
e

In the monthly or
at 56.

120

Jan.
124M Jan.

Chile 6s, 1960, Jan. 11 at 17 M.
Chile 6s, 1961, Jan. 12 at 18.
General Electric 6s, 1948, Jan. 29 at 29M.
z
The following deferred delivery sales were
transacted during the current month and are not
included in the monthly or yearly range.

Antioquia 7s, 2d series 1957, Jan. 18 at 12 M»
Cent. Agric. Bank 7s, 1950, Jan. 11 at 14 *4.
Chicago & Erie 5s, 1982, Jan. 25 at 85*4.
.
Columbia 7s, 1946, Jan. 13 at 25*4.
Dominican Rep. 5*4s, 1942, Jan. 3 at 71.
German 7s, unstamped, 1949, Jan. 8 at 6M.
Mendoza 4s, 1954, Jan. 10 at 70M.
Rhine Westphalia 7s, 1950, Jan. 15 at 14*4.
San Paulo 8s, 1936, Jan. 5 at 12*4.
Wise. Centrales, c-o-d, 1949, Jan. 11 at 17M.

New York Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF STOCK PRICES DURING JANUARY
Stock Sates

1939

1940

January

Shares.

the

case

a

rale of the Stock

1939

Exchange, effective Oct. 3. 1915, allsto^k* are

aow

1938

2,046,083,000

Jan. 1 to Dec. 31

297,466,722

262,029,599

la accordance with
ote except in

1939.

$159,611,000

1938

1939

Jan. 1 to Dec. 31

1940

$144,917,000

January

25,182,350

15,990,665

1940

Bond Sales

1,859,865,000

quoted dollars per share.

Prices

are oa a

basis of LOO-share

of stocks which sell only in a small way.

NOTICE—Cash and deferred delivery sales are disregarded in the month's range, unless they are the only transactions of the month, and when
selling
outside of the regular monthly range are shown in a footnote in the month in which they occur.
No account is taken of such sales in computing the
range for the year.
AGGREGATE
SALES
In

12

January

PRICES IN JANUARY

"""400
500

2,100
"21,200

18,500
3,000
1,800
1,300
20,300
1,500
10,800
600

15,300
31,000
1,200
31,300

10

Addressograph Multigraph
Air Reduction Inc

*

672,500 Allied Stores Corp
5% preferred
25.300

...

556,400 Allis-Cnalmers Mfg
41,300 Alpha Portland Cement
100,000 Amalgam Leather Cos. Inc
6% cum preferred
9.900

700

740

*

316.300 Alaska Juneau Gold Min—10
190 Albany & Susquehanna RR_100
...372,700 Allegheny-<3orp——
Pref series A $30 warr'ts.100
410,800
Pref series A $40 warr'ts.100
69,100
Pref series A $30 ex-war. 100
64,900
$2.50 prior conv pref
48,550
428.300 Alleghany Ludl'm Steel Corp
41,600 Allen Industries Inc
158,700 Allied Chem & Dye
*
5
26,300 Allied Kid Co
127,800 Allied Mills Co Inc——— *

2,900
2,600
3,400
4,300
36,700
7,700

25

Adams Mil lis

,

93,200 Amerada Corp
34,900 Am Agric Chemical (Del)
185,900 American Airlines inc
144,300 American Bank Note
6% preferred
8.690

*
100
*
*
1
50
*
*

.....50

b American Bosch

180

17,000
1,200
15,500
2,200
11,000

228,020 American Can.....—......25
Preferred
......100
16,900
420,400 Amer Car & Foundry.——...*
Preferred
...100
72,800
*
269,410 American Chain & Cable...

Tiro
"

16*55
4,300
4,900
200

3,600
500

11,400
17,600
7,200
13,400
68,000
9,800
1,300
8,000
20,500
5,400
8,300

112,300

5% conv preferred
100
3,100
*
23,900 American Chicle.—.———
510 Am Coal Co of AUeg Co N J.25
10
71,300 American Colortype
20
91,600 Am Com Alcohol
118,500 Amer Crystal Sugar Co..... 10
6% 1st preferred
—.100
5,450
..1
160,600 Amer Encaustic Tiling
.*
5,400 Am European Securities
...*
218,800 Am & Foreign Power
$7 preferred
*
218,000
2d preferred A
*
106,500
$6 preferred.
120,600
—.*
143.200 Am Hawaiian Steamship.... 10
371,600 American Hide & Leather... 1
6% preferred
27,800
50
—

....1
100,900 Amer Home Products
*
119.600 American Ice........
6% preferred—..——..100
34,500

154,400 Amer lnternat Corp
5%

300

16,200
3,200
10,100
3,400
11,400
300
670

65,300
26,800
32,700
103,200
20

28,200
1,900
4,200
3,700
2,360
37,400
3,100
1,500
30

27,500
4,100
2,900
6,600
2,400
1,400
31,600
8,900

24,600
1,800
7,100
46,600
1,400
12,100
8,200
14,100
500

96,800
900

4,200
180

....*

Amer Invest Co of Illinois

500

406,600
52,500
224,000
74,100
236,000
3,000
12,490

conv

pref

American Metal

*

preferred

American News Co
765,200 Amer Power & Light..

213,800
299,300

—100
....*

*
*

$6 preferred.—....—...

$5 preferred
.*
1,844,300 Am Radiator & Stand San—*
Preferred
...100
1,920

American Rolling Mill

769,100
56,900
73,900
58,900
41,250
696,300
26.300
23,600
1.400

...25
4*4% conv preferred....100
Amer Safety Razor..
.18.50
American Seating Co—._...*
American Ship Building..
*
Amer Smelt & Refining
*

746,900
135,700
27,400
110,400
32,800
20,100
515,800
90,100
227,700
21,300
173,300
J,255,300
9,500
399,800
187,300
507,100
5,500
2,926,800
20,200

Amer Steel Foundries..
..*
American Stores...—.......*

—

Preferred

American Snuff

.........100

.........25

6% preferred.—.....100

—tH'iSale

50

18*4
.

5654

Sale

13

62

18

Sale

69*4 Sale
22% Sale

Jan.
Jan.
Jan.
Jan.

20

19*4 Jan.

31

58*4 Jan.
54 J»«.

*4 Jan.
1054 Jan.

31

19

Sale
Sale

Sale

56

60

7*4
7*4
51% Sale
130
132
LOO *4 Sale
17354 176%

Sale

pr

Sale
Sale

854

1554

16

55*4 Sale
20*4 Sale
Sale

1054
49*4

Sale

4954

20

4554
10*4
4654

Sale

6

44*4

Sale

Apr.

1454 Jan.

25

16

Jan.

9

254 Jan.
16*4 Jan.
56*4 Jan.

24

Sale

15*4
Sale

o20,H
Sale
Sale

47*4
Sale

6

38*4

Sale
Sale

52

23*4 Sale

Sale

6

Sale

31
Sale
45% Sale
1*4
1*4
14*4
15
7*4 Sale

42

43*4

20*4 Sale
106*4 113*4 108*4 113*4
133
130
135*4 Sale
15
9*4
15
1054
Sale
6*4
6*4

VA

Sale

6*4

12*4

Sale

1054

81*4

Sale

82*4

Sale

2*4
5*4

154
22*4
55
19*

5%

36

Sale

33

60

Sale

58

2*4
2*4
23*4
24*4
6*4 Sale

Sale

Sale
Sale
Sale
39*4 40
116*4 122
15*4
4%

x26
6%

Sale

5054
57

■

Sale

14*4 Sale
3*4 Sale
24*4 Sale
120

115
24

25

6

1*4
Sale
Sale
Sale
Sale

3454

28*4
5*4

21*4 Sale

86
Sale

Sale

40 *4

30
79 %

■f*

Sale

30

VA
Sale
a

5*4
Sale

52*4

Sale

4*4 Sale
Sale

45

24

54

4754 Sale
10*4 Sale

160
22 54

71
15
20

32)
52:

Sale

Sale
73
Sale

Sale
Sale
Sale

133*4 Sale
60
150

Sale
Sale

18*4

18*4

85*4 Sale
88*4 Sale
146*4 148
8

14

77*4

Sale

Sale
Sale
82

Sale
40

Sale

Sale

25

38

35*4 Sale
52

65

1954 Sale
112
113*4

57

151

155

3*4 Sale
5454
9*4

158

16*4 Sale

15

68

64*4
1154

70

11*4 Sale
10*4
1054
31*4 Sale

Sale

Sale
162
Sale

66
12

9*4
30

Sale

4754

Sale

139*4 144
145*4
67*4
69*4
68*4
146*4 150
14754

Sale

Sale

51

3254 Sale
12*4
12*4
Sale

16

19*4 Sale

70

46

Jan.

22

50

5*4 Jan.
3854 Jan.
130*4 Jan.

13

2654 Sale

12*4

Sale

16*4

Sale

20

Sale

89*4

Sale

15
14*4
171*4 Sale
85*4 Sale

17054

15

87

Sale

87
89

149

Sale

149

15*4
Sale

Sale
Sale

16

26

see

page




40.

18*4 Sept. 26

3

6*4 Jan.
4554 Jan.

3

22

Jan.
5 132
16 116*4 Jan.
12 176*4 Jan.
22
32*4 Jan.

16
2
2

3

Jan.

31
3

8*4 Jan.

5

Jan

t2 *4 Jan.

2

Jan
Jan

IS
Jan.
3*4 Jan.

16

154
22*4
5*4
1954
28*4

Jan

Jan
Jan
Jan. 27
Jan. 31
Jan.
~

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
6*4 Jan.

5*4
254
28*4
7*4
24*4
3554

5

Jan.

35

Jan.

12

37

Jan.

/56*4 Jan.
254 Jan.
24*4 Jan.
5*4 Jan.
40*4 Jan.

13

71

4854

Jan.

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

3

9
8
8
4

8
8
3
2
2

Jan.

Sept.
Aug.
Sept.
July
Oct.

Jan.

4

Feb.

3

2254 Jan.

16

2354
3*4
52*4
43 54
9*4

Jan.

3

4

3

Jan.

9

Jan.

30

25

Jan.

3

Jan.
Jan.
Jan.
Jan.

27

5*4 Jan.
63*4 Jan.

5

27

27

54

Sept.12
Sept. 6
Sept.

112

3051
79*1
1554

Sept.21

Feb.

6

8

28

Nov. 24

16

1054 Jan.

3

9

34

Jan.

4

52*4 Jan.
'9 146*4 Jan.
11
69*4 Jan.
18 150*4 Jan.

3

25*4
35*4
127*4
59*4
140

Nov. 24

Oct.

Jan.

14*4 Jan.
16754 Jan.
85

Jan.

8654 Jan.

97

Sale

4lH
3 r-

Sale

4154

Sale

554

10*4
95

754

39

30*4 Sale
26% Sale
26*4
37
36
39*4 35
36
20*4
21*4
20*4
20*4 20*4
113*4 11454 112*4 Sale 112*4

11*4

23

70

Jan.

5

50

2

12

Jan.

29

2

3354 Jan.
13*4 Jan.
17*4 Jfya.
21

4

22

99

30

9*4
47*4
7*4
43*4
31*4
38*4

2

Jan.

22

Jan.

19
11

5

31
11

8854 Jan.
2
90*4 Jan.
6 150*4 Jan.
12
5*4 Jan.
31
1254 Jan.

30

3
8

Jan.

2

30

19
30
22

8954 Jan.

3
16*4 Jan.
15 17254 Jan.

Jan.

Jan.
Jan.

8*4

8

Jan. 22
Jan. 15
Jan. 17
Jan. 23

81

4

3

26*4
12*4
21554
1854

5
11
11
24
3
4

Jan.

9

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
21*4 Jan.

3

31 114

Jan.

5

Mar. 20

8

Jan.

Jan.

5
3
5

3

17*4 Jan.

Jan.

Jan.

Jan.

30

68

Jan.

21*4 Sept.
354 Apr.
32
Apr.

18

143*4 Jan.

Jan.

Jan.

Oct.

22

Jan.
Jan.

5

Dec. 30

Aug. 4
Aug.
4
Sept. 12

Aug.
Aug.
Apr.
2*4 Apr.
2254 Dec.

30
46

1054 Jan.

8 155

5

Nov. 20

13

11*4 Jan.
9*4 Jan.

15

20

Nov. 20
Jan.

Apr.
Sept.
Sept.
June
Apr.
Dec.
Sept.
Aug.
Apr.
Sept.
Apr.

155
Jan.
14 *4 Jan.
64*4 Jan.

4

Sept. 19

23

4 120

Jan.

9

Sept. 13
Sept. 8
Sept. 28

Jan.

11

119

5

Jan.

41

14*4 Jan.
354 Jan.
2454 Jan.

18

Feb. 24

n:

12*4 Apr.
5
Apr. :
Apr. :
12
Apr.
2*4 Mar.l
2554 Apr.
4154 Apr. :
154 Jan. 1
14*4 Jan. I
354 Sept.

60

19

Aug. 14
Sept. 26

Dec.

10

15
24

6
23

12

25

Mar.

254 Sept.
454 May :
1*4 Dec.

31

18

6
4

22
14

Oct.

Aug. :
5*4 Sept.
6*4 Apr.

31

Jan.

29

3

Oct.

5

1854 Jan.

4

18
24

9

3

Dec. 29
Jan.
Jan.

Sept.
16*4 Aug. :
30*4 Aug. :
13*4 Apr.
100
May
109*4 Apr. :

Jan.
13*4 Jan.
254 Jan.

51

3

27
4
23
11
11
8
3
22
5

5
6
Sept. 11
Sept. 13

150

61

Sept.
Jan.
Oct.
Sept.
Sept.
Sept
Jan.
Aug.
Jan.

Sept.
Sept.

3*4 Aug.
3154 Apr.
125
Apr.
83*4 Apr.

60*4
3*4
2954
654
40*4
52*4
2254

95

42

29

Jan.

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

754

5154 Jan.
23*4 Jan.

3
12

Sept. 27

14*4
15*4
1154

954 Sept.
46*4 Dec.

9

5

18

23*4
8
28*4
11*4
200*4

June :

Jan.

4

7

Jan.

Sale

4

26

Jan
Jan

5

8

Jan.

136

6*4
654
10*4
81*4
2*4

148

39

21

30

Sale

Sale

50

4954 Jan.
11*4 Jan.

2

20&4 Jan

5*4 Sale
10*4 Sale

9*4
45*4 Sale

3

9*4
6

12

22

5*4 Sale
11*4 Sale
97
Sale

9

10

18

Jan

43

2

3

68

Apr.
Apr. :

149

Sale

81

31

53

23*4

25
25

19

Jan.
Jan.
Jan.
Jan.

Sale

3
Sale

Jan.

14*4 Jan.
954 Jan.

11

Sale

120

Jan.

14

15

Mar.

27*4 Jan.

June 29

654
151*4

10

15

112*4 Jan.
17454 Jan.
24*4 Jan.

Jan.

30 179

Jan.

Sale

115

23

Jan.

13*4
2*4
23

Sale
35*4 Sale
18 % Sale

39 *4

2

15

14*4
5354
1954
4154
1054

53

8

25

1254 Apr.
1*4 June
12
Aug.

1454

Sale

Sale

14

54*4

115

6*4
654
20*4 Sale
28*4 Sale
5*4 Sale

Jan.

Aug. 24
Sept.
1

28

131

25

8

9

09

Sale

Jan.

4

50

9

Jan.

Jan.

Sale

14% Sale
14*4 Sale

12*4
16*4
22*4
1054

8

3

68

Sale

6

Jan.

41*4 Jan.

138

Sale

J an.

Jan.

Jan.

1*4 Jan.

22

11354

2

1454
12

7

31

Sale

175

3

30
31

9
2

5

5
Sept. 27
1*4 Sept. 13
10: .Jan.
3
Dec.
5
Apr:T2 130
2
July
Sept. 27
Aug. 24 20*4 Sept. 27

Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Apr.

131

454

9

Sept.

Sept. 8
Apr.
4
Jan. 30
Dec. 27

18

54

-----

19

15*4
45*4
54
6*4
117
54
554
4*4
4*4

19

Sale

115

Jan.

9*4 Jan.

34%

[22% Sale
17%
7%
8
10*4 Sale
10*1 Sale
60%
67%
4% Sale
6%
9
3% Sale
19% Sale

9

1354 Jan.
18*4 Jan.
9*1 Jan.
171*4 Jan,
12*4 Jan.
13*4 Jan.
7*4 Jan.
6354 Jan.
3554 Jan.

175
178*4 170
31*4 Sale
25*4 Sale

112

48*4 Jan.

9*4

20*4 Sale
10
10
10*4
9*4
176*4 Sale
17254 Sale
13
12
13*4 Sale
Sale
14
14*4 Sale
8*4 Sale
8*4 Sale
67
66
6854

15

27

15*4

14

Sale

46

"l7% Sale"

150

$6.50 conv preferred....—*

17*4
50*4
54
6*4

14*4
2*4
14*4
5354

Amer Telep & Teleg—_....100

$5 prior conv pref....

2154 Jan.

15*4 Sale
2*4 Sale

American Tobacco
25
Class B.................25

$6 1st preferred.—.......

16

Sale
2% Sale

19 *4

Sale

American Woolen—.—.—_*
Preferred.....—
.100
Amer Zinc, Lead &iSmelt—1

Jan.

3554

91%

6 % preferred
100
American Type Founders....*

31

21

4054 Sale

22*4

Am Wat Wks & El.....—...*

45*4 Jan.
754 Jan.

Sale

Sale

.....

Sale
Sale

12
Sale

61
47 %

120

128:.

Sale

11*4
14*4
21*4

53
Apr. 11
71*4 Sept 19
Apr. 10 149*4 Sept. 30
33*4 Apr.
8 49*4 Nov. 29
31*4 Mar. 31
56*4 Oct. 26
11*4 Sept. 12
6*4 Aug. 24

2 144*4 Jan.

Sale

6*4

Bale

n

Sale
Sale
Sale
18*4 Sale
27 *4 Sale
10 % Sale
193
Sale
12
12*4
12 54 Sale
1154 Sale

Sale Prices

7*4
21*4
1854
50*4

Sale

~"r"

Jan.

Highest

Sale Prices

45*4

1

54
6*4

144

Lowest

Sale Prices
70
Jan.

3

3
11

3
2

5

10

140

1054

Jan.

4

Sept.13
Sept.12
Nov. 24

Aug.
July

7
6

Jan.

4

July

26

Oct.

9

Sept. 5
Sept. 11
Jan.

Apr.
Apr.
75*4 Oct.

73

4

Dec.

21

Jan.

148

19

Jan.

16

May 26

Sept.

Jan.

4*4 Sept.
8*4 Apr.
78
Apr.
354 Apr.
2854 Apr.
4
Aug.
24
Apr.
2054 Apr.
35
Apr.
13*4 Apr.
Ill

5

Sept. 27
Mar.
1
Jan.
3

20*4 Aug.
8*4 Apr.
9
Apr.
15*4 Apr.
75*4 Mar.
13*4 Dec.

132

4

Jan.
Jan.

5

Jan. 20
Aug.
8
Sept.21
Sept. 16
Sept. 5

Sept.12

Aug.

5
4
3

June

3

Sept.
Jan.

Jan.

I

For footnotes

1939

Highest

Sale Prices
68
Jan.
15

46

Sale

14 %

..._*

Preferred
...100
Amer Sumatra Tobacco.—...*

41*4

8*4 Sale
2154
22*4

12 *4
12 %

Sugar Refining.. 100

Anaconda Copper
—..50
Anaconda Wire & Cable.....*
215,000 Anchor Hocking Glass Corp *

5,300

48

142

48

140

40*4 Sale
9*4 Sale
14*4

American Stove Co
American

Sale
Salb
Sale

147

4254

Sale

Lowest

Ask
Sale

50

..100
Am Mach & Foundry
....*
Amer Machine & Metals....*
conv

68*4
144

130
45
45
Sale
20 %

*

Amer Locomotive..
Preferred

6%

58*4

118*4
35*4
42*4
10*4
20*4
26 %
65
1*4
9*4

Jan. 31

Ask Bid
Sale
69*4
Sale

Bid

Ask

.10

.....10

Corp.—...1
*
136,700 Am Brake Shoe & Fdy
5*4% conv preferred....100
3,320

2,500
7,200

Bid

57

*

41.300 Air-Way Elec Appli Corp...

800

"Juoo

*

—.100

75,900 Acme Steel Co
Adams Express

265,100
16,800
57,100
279,700

11,900

.12,300

Par

56,900 Abott Laboratories..
2,540
4*4 conv preferred
1,402 Abraham & Straus

100

YEAR

1939
Jan. 2

Shares

4,400

RANGE FOR

Jan. 3

N. y. STOCK EXCHANGE

1939

Shares

Price

STOCKS

Months

N. Y. STOCK EXCHANGE-STOCKS

32
aggregate
SALES

1939

1,700
2,000
43,100
5,900

14,800
13,300
29.900
25,200
866.800
49.400

100

20,800
I,700
2,700

207,100
51,400
128,600
220

10

Andes Copper Mining

APW Paper Co Inc
Archer Daniels Midland

700

2,900
500

490

53,600
5,700
10,100
I,300
2,500
22,600
201,00
5,100
1,600

400
130

85,800

31

Jan.
Jan.

29
4

54

60

Jan.

Jan.

4

37% Sale
10%
10%
9X
9%
96 X 101%
8
8%
75
77%
77 X
78%
39%
36%

40

Sale

Jan.

Sale

95

Jan.

Sale

24 %

Sale

99% Sale
23% Sale

Sale

50%

Sale

Sale

Jan.

Sale

100

42

*
19,600 Atlas Powder
4,590
5% preferred
100
*
15,700 Atlas Tack Corp.
67.800 tAuburn Automobile
*
19,200 Austin, Nichols & Co
*
Tirlfir A
^
3,590
1,853,500 Aviation Corp"(Del) The! 11113

190

Jan.

23
4

1,497,000 Baldwin Loco Wks vt tr ctfs_13
690,700 ^Baltimore & Ohio
100
211,400
4% preferred.
100
44,100 Bangor & Aroostook
50
5% conv preferred.
100
1,870
-5,280
10
4,400 JM Barber Asphalt Corp—
.,*
27,000 Barker Bros
1700
350
4,010
5% % preferred
50
468,700 Barnsdall Oil Co
18,500
163,200 Bayuk Cigar Inc
*
12,700
10
1st preferred
1,300
100
25
53,400 Beatrice Creamery
10,300
100
3,100
$5 preferred with warr
*
590 Beech Creek RR Co
50
20
,_20
10,700 Beech-Nut Packing
lilOO
53,700 Belding-Hemin way
*
2,300
1,600 Belgian National Rys part pref
5
83,200 1,522,300 Bendix Aviation Corp
123,700 Beneficial Indus Loan Corp..*
12,600
Prior pref $2.50 div ser '38.*
800
27.100
*
52,200 Best & Co
2,500
108,700 2,936.300 Bethlehem Steel Corp (Del)--*
98,400
15% preferred
20
31,500
71.300
7% preferred
100
12,700
58.100 Bigelow-Sanford Carpet Inc..*
9,300
*
63,700 Black & Decker Mfg Co
4,400
*
324,400 Blaw-Knox
16,800
6,700 Bliss & Laughling Inc
5
2,300
200
*
2.670 Bloomingdale Bros
860 Blumenthal & Co pref-...-100
330
899,000 Boeing Airplane Co
*
70,500
5
56,700 Bohn Alum & Brass Corp
4,500
*
6,730 Bon Ami class A
1,070
Class B.
*
11.630
1,020

50,600
26,400
7,300
5,800

11

Sale

52

Sale

77
Sale

71%
38%

Sale

16*

Sale
Sale

18

22% Sale
111
8% Sale

108

43
66 h

44

Sale

126
6%
4

"~6 %

3%

Sale

29

Sale

20%
108 X
8X
±7%
63 X
123X
6X
2%

109*

4,100
33,000
40,600
2,500
5,800

5,700
19,100
24,100
1,100
2,700
8,700
12,400
8.300
110,700
14,600
18,100
17,600
200

17,300
12,300
430

20,600
1,460
13,900
3.200
3,600
52,300
17,000
8,600
680

.

6,000
1,300
6,800
6,300
880

2,100
13,800
200

18,800
II,500
9,100
55,500
50

52,800
1,600
1,600
650
140

2,000
4,300
4,600
1,000
II,100
46,900
4,500
13,800
90

4,500
7,900
470

1,300
1,300
400
20

59,000
531,300
566,900
32.300
65,000

Borg-Warner Corp

10
100
*

Bucyrus-Erie Co
7% preferred
Budd (E G) Mfg
Preferred 7%

.--100

—.

Budd Wheel
-

Bui ova Watch

—

*
*
*

Burlington Mills Corp
Burroughs Add Mach_.

1
*

Bush Term Co

1

131,200 Butler Brothers
26,800
5% conv preferred...
Butte Copper & Zinc.

Byers Co..
Partic preferred
Byron Jackson Co
Calif Packing Corp
5% preferred

Sale

Sale

18%

Sale

96

99 X
29 X
Sale

28%
123
7%
72 %
29 h
19 X

Sale
75
Sale
Sale

55

Sale

78 h
17 X

113

Sale
Sale
Sale

25

Sale

21X
16 X

Sale
Sale
24 %
46 X
Sale

Sale

13%
Sale
Sale
Sale

27

6%
15 %
31%
39 X

Sale
Sale
Sale
Sale

43

Sale

IX
9X

2%
Sale

"till Sale"
40 X

Sale

*17% Sale"
31X
13 X
11X
95

Sale
Sale
Sale
96

7% Sale
51X Sale
5X Sale
28 % Sale
32% Sale
14 X Sale
18^a Sale
2X Sale




90

Jan.

9 100

Jan.

23
3

21

Sept.

1

15
15

Jan.

29

Jan.

Jan.

3

Jan.

15

Jan.

123%
6%

Jan.

18

Jan.

10

Jan.

29

Jan.

15

Sale

Sale

Jan.

11

Jan.

4

Sale

Jan.

31

Jan.

Sale

Jan.

27

Jan.

Jan.

15

Jan.

109 % 109% 110
Sale
Sale

Jan.

12

Jan.

Jan.

12

Jan.

Sale

Jan.

2

Jan.

65% Sale

Jan,

14

Sale

50

65

aly*

I*

Sale

Jan.

4

2

19

Jan.

26

16

Jan.

15

Jan.

2

3% Aug. 24

Sale

14% Jan.

18

Jan.

3

Sale

5% Jan.

22

Jan.

2

Janjj

3

Aug. 24
Aug. 24
Sept. 1
Dec. 13

14%
5%
6%
12%
.46X

7
Sale

6% Jan.
12% Jan.

22
18

Sale

45

26

im.

10^

39
Sale

71*
I*

100

Sale
Sale

m

Jan.

23

Jan.

Dec.

19

15

Jan.

Dec.

8

4

Jan.

5

Jan.

11

16

Jan.

6%

Sale

17

15

Jan.

Sale

Jan.
Jan.
Jna.
Jan.
Jan.
Jan.
Jan.
Jan.

Sale

IV*
52

Sale

39

6

15

Jan.

39%
Sale

3

Sept. 1
Sept. 14

5

Jan.

Jan.
Jan.
Jan.

3

19
29

65
23

_

Jan.

10%
19%
38%
51%
1%
12%
12%
13%

Sale

Jan.
Jan.

23% Jan.

Jan.

aVA

Sale

Apr. 18
Aug. 24

30

Jan.

Jan.

22% Sale
23% Sale

Jan.

12

Jan.

Sale

10% Sale

Jan.

25%
2% Jan.
35% Jan.

8

6%
12%
22%
39%

6

53

3
4
4

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

49

Jan.

3

48

Jan.

15

Sale

22

Jan.

15

38
Sale

35

37

35

Jan.

15

21% Jan.

15

15

10

Jan.

15 104

Jan.

Sale

103
Sale

22%
9%
102%
5%
40%
5%

Sale

Sale
Sale

104
Sale
Sale

Sale
Sale

29%

19 £

Sale

11

Sale

3xs

Sale

12%

8%
101%
5%
39%
4%

6%
21%
3%

22%
Sale

Sale

23%
51

Sale

51

Sale
_

52%

Sale

Sale

Sale

6% Sale

15% Sale
17% Sale
36%

Sale

Sale'
Sale

19*
39
5

37%

6%
38%

40

25%

87%
23%

Sale

74%
Sale
Sale

29% Sale
Sale

10% Sale
65
61%
23% Sale
3%
Sale

4%
9

Sale

5

102

42

Sale

67

IV*
62
22%

ulli
4%

30

23% Jan.
31% Jan.

15
2

21% Jan.
12% Jan.

28%
19%
11%
*3%

Jan.
Jan.
Jan.
Jan.

Jan.

19

Jan.

30

Jan.
Jan.
Jan.

3

29

Jan.

24

Jan.

13
18
2

19

22

51

Jan.

1%
6%
13%
16%

Jan.
Jan.
Jan.
Jan.

23

93% Jan.

12

15

18
15
2

5*

5% Jan.
38% Jan.

13
15

■

4

52

Jan.

1% Jan.

7% Jan.
16%
19%
39%
5%
40%
5%
40%

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

Sale

Sale
Sale
64

22%

m
Sale

5
a

93% Sale

11

88

Jan.

Jan.

18

27

Jan.

2% Jan.

24%

24

86% Jan.
23

66

112%
50%
26%
107%
9%
62

Jan.

30

Jan.
Jan.

30

Jan.
Jan.
Jan.

31
18

3% Jan.
75

Jan.

56% Jan.
30% Jan.
Jan.
Jan.

12 114%
22
11%

12

62

21% Jan.
2% Jan.

22

23% Jan.
3% Jan.

22

4% Jan.
7

Jan.

29

5% Jan.
93% Jan.

31

10

i
I
I

9

8
8

4
1

9%
73%
33%
22%
56

57%
.00

18%
.20%

32%

24% Oct.

26
4
28
11

Jan.

5% Jan.
94% Jan.

40.

I

27
3
3

28
28
6
3
3

27
27

7% Feb. 27
15% Jan.
4
31% Jan.
5
41
Aug.
2
53
Aug.
2
2

14%
13%
15%
50%
50

30%

3

Oct. 25
Jan. 25
Oct. 27
Dec.
5
Dec. 13
Mar. 11
Sept. 11
Sept. 13
Sept. 25
Sept. 26

17% Jan.
36% Oct.
23% Mar.
57
Dec.
34% Jan.
28% Jan.
.21% Dec.
63% Dec.
24
Dec.
22
Aug.
32
Jan.
4% Sept.
34% Oct.

41

I Mar. 31

20

Apr. 10
i Apr. 11

23

i

i June
Apr.
\ Apr.
; Aug.
; Apr.
I Mar.
! Feb.
i Aug,
i Apr.
Apr.
I Dec,
| Sept.
i Sept.
1 May
July
Apr.
1 Apr.
t July
; Aug.
Apr.

Jan.

20

Dec.
Dec.
Dec.
Dec.
Dec.
Aug.
Sept.
Nov.
Jan.
Aug.

13
8
13
13
13
3
14
18
6
22

29
11
11
24

10

9
6

Sept. 11
Jan.
Mar.

Oct.

I
I
I
;
i
I
'

3
0

Sept. 13
Nov.

2

84rs Nov.

4

17%

5

16

Jan.

Sept,12
53
July
7
3% Sept. 6
10% Sept. 5

30

1
15
24
11
11
27 47
1
6%
1 41%
19
8
10 x43
20 85%

ffl

1

33

7
24

4

Jan.

4

Jan.

18

Jan.

12
3

Jan.

Sept. 11
Sept.11
Sept. 15
July 17
Sept. 12
Sept. 6

94% Mar. 9
11 122% Mar.
3
1
64% Sept. 27
10 30% Dec. 20

; Apr.
\ Apr.
Apr. 14 109% Aug.
; Aug. 24 19
Jan.

Jan.

2 113% Jan.
15
5% Jan.

Jan.

I

1*8% Jan.

Jan.

112

1

9

32
Nov.
.28% Aug.

8 25%
8 13%
11 106%
8
Jan.
4
8
11 55% Jan.
4
8
6% Nov. 6
24 30
Jan.
5
10 34% Mar. 9
10 20% Dec. 29
June 30
18% Jan.
3
Apr. 10
7% Sept. 11

4% Jan.

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

5
4

.07% Nov.

Nov. 15

5% Jan.

12%
7%
21%
4%
13%
81%
15%
26%

12
0

19% Jan.
4
26% Nov. 17
15% Nov. 13
28
July 24

Apr.
Apr.
Apr.
Apr.
Apr.
Apr.
Aug.
Apr.
Apr.

19
12

6
21
7
12
11
11

30% Jan.
4
87% Jan. 11
21% Jan;
5
13
Jan.
5 •
33
Feb. 28

Apr. 10

6% Jan.

4% Jan.

Sale
89

Apr.
Apr.

Jan.

44% Jan.

Jan.

6
24
10
12
14
1

Nov. 15

Jan.

30
18

20

23% Jan.

Apr.

Jan.

30

38% Jan.

112% Sale
50% Sale
26% Sale
114

30

38%

2%

Sale

5

J*

Sale

Jan.
Jan.
Jan.
Jan.
Jan.

2

30
12

Sept.
Aug.
Apr.
Apr.
Apr.
Apr.

Jan.
Jan.
Jan.
Jan.

Sale

49%

Sale

24

Apr. 11
Apr.
8
Apr. 10

Jan.

5

15
23

23

Sale

>S8

10
11
10
8
10

31

Jan.

24 £

92

18

30
17

Sale

Sale

Sale

92

10

Apr.
Apr.
Apr.
Apr.
Apr.

Sale

Sale
5

207m Jan.

65

Sale

112

10

Jan.

14

70
Sale

June 30

Sale

14%

Sale

3

13%
15%
54%
54%

Sale

Sale
11!
7% Sale
20% 20%

54

83% Jan.

15

23%

28

109

22

Jan.

71

95

3

Jan.

Jan.

14

Sale

2
15

Jan.

64

2

9

Jan.

Jan.

70

Sale

Nov.

Jan,

23

32

10
10
12
13

Apr. 11
Apr. 11
Apr.
6
Sept. 5

75%
25%
12
24%
11 123%

Sale

118%

3

15

32% Jan.
22% Jan.
56% Jan.
Jan.
39

77
Sale

15%

117%

Apr. 10

15

1%
15%
14%
16%
54%
54%
25%
35%
24%

«

19% Sale
11% Sale
4% Sale

73

27

Jan.

Apr.
Apr.
Sept.
Sept.

10

5

Jan.

81

Sale

24

Jan.

Jan.
12 127
15
9% Jan.

Jan.

22

22

21

84%
23%

25

Jan.
Jan.

Jan.

19%
15%

15

*

29% Jan.
10 109% Jan.
15 30% Jan.

Jan.

16

24

Sale

Oct.

Jan.

19%
Sale

12% Sale

Sal

5

5

80

5
1
100
100
Caterpillar Tractor
*
Celanese Corp. of America
*
7% prior preferred
100
Oelotex Corp
*
5% preferred
100
Central Aguirre Associates
*
Central Foundry Co
1
Central 111 Lt 4%% pref—.100
^Central RR of N J—
100
Central Violeta Sugar Co
Century Ribbon Mills...
*

4

Jan.

5 114

26
26

Sale

Co

15

Jan.

Jan.

22%

si74
44* 3|M

Jan.

Jan.

Sale

50
Sale

4

34

Sale

7*

16

13% Jan.
27% Jan.

5

40%
5%
31

27% Jan.

2 121

119%

1%
12%
12%
14%
49%
48%
23%
35%
21%
9%

5

19

Jan.

v

6
6%
11% Sale
22% Sale

23

Jan.

'

8

Jan.

9

June

21% Sept. 27
8% Jan.
5
11% Sept. 27

Jan.

Jan.

Jan.

18K

23%
21% Sale
25% Sale
2%
2%
33% Sale

Dec.

4

Mar.
9
Jan.
3
Sept. 11
Sept. 11
Oct.
2

9% Nov.

Augr24
Apr.
8
Apr. 11
Aug. 24
Apr. 10

Sale

19%

Sale

5
3

Sale

Sale

22%

Jan.

Jan.—4

0
1

30% Jan.

15% Jan.
8% Jan.

116% Sale

10% Sale
15
17%
50
56%
22% Sale
23% Sale

Jan.

.f 13%^ Jann

21

Sale

Apr. 13
Nov. 30

25

Jan.

21*

15% K
9

Sale
Sale

4% Apr. 10
1% July 10

Jan.

32

38
52

June
June

July
Aug.
Sept.
127
Jan.
8
Sept.
5% Sept.
3% Jan.

June 15

116

16%
6% Sale

2%

30% Sale

64

Dec. 21
Jan.
3
Oct. 26
Oct. 24

42% Jan.

123 % 122
6

?9*

Sale

Sale

For footnotes see page

31

Jan.

*
*
50
1

Preferred

16

Jan.

100

55,400 Carriers & General Corp
88,900 Case (J I) Co
9,290
7% preferred

520

Jan.

12
3
22

f$

33 X

89,900
12,600

23

Jan.

12

Sale

Sale

*
38,600 Cannon Mills
22,000 Capital Admin Co Ltd cl A__l
1.450
$3 preferred class A
10
2,840 Car ClinchfieldA Ohio Ry__100

38,100

Jan.

30
5
*

17 X
Sale

305,700
935,600
24,900
336,000
3,320
114,100
237,700
3,860

73
Sale

70

Sale

Campbell W & C Foundry
*
Canada Dry Ginger Ale
5
560 Canada Southern Ry Co
100
25
954,200 Canadian Pacific

Steel

11

Sale

Calumet & Hecla Cons Copper 5

37.200 Carpenter

11

Jan.

10

51
Sale

Zinc-Lead-.,

Jan.

12

9%
6%
20%
4
3%
11%
70

Sale

Callahan

12
9

14%

Sale

Sale

Jan.

Jan.

9ft
27
27%
27% Sale
107% 108% 108% 109% 109%
30
31
30
30%
126
Sale
124
123% 125
9
9%
9% Sale
9%
61%
63%
66%
63%
31% Sale
30% Sale
21% Sale
22% Sale
56%
56% Sale
38%
38%
39%
Sale
80% Sale

18

65

Jan.

7%
7%
7%
29
27
28%
27%
12
12% Sale
12% Sale
26% Sale
26% Sale
25%
113% 114% 114
114% 114

115

0
6
4
58
Jan.
4
13
Mar. 15
10% Oct. 27
8% Sept.
Sept.

60

Mar. 31

Jan.

26

23

5

Bearing Co

JBush Terminal BIdgs—
11,490
Depos. ctfs. 7% pref....100

193,500
187,500
15,020
52,100
144,700
3,200
867,600
429,800
121,500
628,400

20%
114

100

Boston & Maine

Bullard Co

34
Sale

15
5

Borden Co (The)

116.400 a Brewing Corp of America__3
457,100 Bridgeport Brass Co
*
769.300 Briggs Manufacturing
*
12,800 Briggs & Stratton
*
54,510 Bristol-Myers Co
5
69,400 Brooklyn & Queens Transit..*
$6 preferred
92.200
*
4,500
$6 pref ctertifs of deposit..*
517.500 Bklyn-Manhattan Transit
*
131,800
$6 preferred series A
*
Certificates of deposit
13.750
*
433.600 Brooklyn Union Gas...
*
*
6,200 Brown Shoe, Inc
*
233,100 B runs wick-Balke-C oil.

333,200
3,860
632.200
29,690
263,400
12,400
104,300
280,100
298,600
304,000

Sale

1

Bond Stores Inc

Bower Roller

12%

88

14%
8%

Aug. 24

Apr. 11

78

4

21

Sale

Sale

May

97

3%
33%
.50
31%

Sept.

Sale

4

Jan.
Jan.

Sale

.

~

Dec. 30

Sept. 11
Dec. 26

100

38 X

Sale

5% Sale
7% Sale
13% Sale
52

4

37
9 106

92

76

11

Jan.

12

Sale

Sale
Sale
90

21

11
21

J*

Jan.

15

Jan.

6

8% Apr. 11
1% Apr.
21
Apr.

Sept. 6
7% Sept. 5
5% Apr. 11
73
Jan. 23 100
5% Apr. 11
10%
70
Jan.
5
78%
41
Apr.
8 81
30
38
Apr. 11

15

Jan.

10%
8%

10%
8%

20
163*
7X Sale

Sale

Highest
Sale Prices

x49% Dec. 28 71
15
Apr.
8 30%
5% Aug. 23 26%
3
9% Aug. 24 26
4
18% Sept. 1 24%
5
25 104% Apr. 12 110%
7
Apr. 11
9%
6
43% Apr.
8 48%
31
50
71
Aug. 23
31

Sale

17* Sale

85%

5X

58

2

32

8% Sale

10
29 %

19

23

Sale

50

3

Jna.

Jan.

94

6% preferred

3

Jan.

Jan.

57%

fo*
ifH

Sale

Jan.

26

Jan.

52%
34%

100
*

Jan.
Jan.

Sale

100

100

3
Sale

Prices

t

Sale

65
Sale

10%

12

88

Lowest
Sale Prices

Highest

Prices
Jan. 27

49

106% Sale
5% Sale
47 X Sale

102

Sale

65

Sale

i

12
2

Sale

75

13 X
Sale

32

Sale

6

8 %

Ask

Ask Bid

Bid

12X
3%

Sale

47
56

31.120

1,200
11,100

Sale

5

51,700
5% preferred
100
25
271.600 Atlantic Refining
11,900
4% conv pref series A—100
338,100 Atlas Corp
5

400

Ask

$6 convertible prior pref— *
7% preferred—100
Armstrong Cork Co
*
Arnold Constable Corp
5
Artloom Corporation
*
7% preferred
100
Associated Dry Goods
1
6% 1st preferred
100
7% 2d preferred.
-100
Associated Investment Co—*

Armour of Illinois

251.500
8.400
10,000
7,600
3,120
5% pref
942,900 Atchison Top & S Fe
78,200
5% preferred
288,300 Atlan Coast Line RR
59.900 Atl G & W I SS Lines

13,000

14%
2%
28%
101%

Co—20
5
*
Armour (Del) 7% preferred. 100

900

700

Bid

Lowest

Jan. 31

Jan. 2
Par

Shares

Shares
300

1939

Jan. 3

1939

January

YEAR

RANGE FOR

PRICES IN JANUARY

Price

STOCKS
N. Y. STOCK EXCHANGE

12 Months

In

7

72

Apr.
8 30*
Apr. 10
5
Sept. 25 113
June 30 12
Apr.
8 14*
Apr. 11
6V
June
3
96

9

4
Mar. 14

Sept.
Jan.

6
3

Aug. 16
Sept. 27
Sept. 11
Oct.

13

Sept. 15

FEB., 1940]

N. Y. STOCK EXCHANGE-STOCKS

33

AGGREGATE
SALES

In

January

Price

STOCKS

12 Months

PRICES IN JANUARY

Jan. 2

1939
Par

242,300 Cerro de Pasco Copper
— ♦
301,900 Certain-Teed Products..---. 1
6% prior preferred——.100
42,560
*
11,360 Chain Belt Co
Champion Paper & Fibre Co—
2,420
6% preferred
100
Common
———————*
56,000
.....5
21,000 Checker Cab Mfg
115,100 {Chesapeake Corp
———*
-.-.25
826,500 Chesapeake & Ohio
Preferred series A—..—-100
19,500
20,400 iChic & East 111 RR 6% pf-100
{Chicago Great Western—
4% preferred—
-—-100
49,200
45,700 Chicago Mail Order Co
5
106.300 {Chic Milw St Paul & Pacific.*
5% preferred
—--.100
114,200
276,400 {Chicago & North Western. 100
Preferred
-.100
59,200
193,400 Chicago Pneumatic Tool—..*
$3 conv preferred
*
17,500
Prior pref ($2.50 cum divs) *
6,800
100
43,100 {Chicago R I & Pacific
7% preferred
100
28,100
6% preferred
——100
25,800
*
7,100 Chicago Yellow Cab
42,900 Chickasha Cotton Oil---—10
*
149,300 Childs Co

25
2,330 Chile Copper
5
3,536,900 Chrysler Corp
110,700 City Ice & Fuel-—-—--—-*
100
---.100
330 City Investing Co
............5
33,400 City Stores
Clark Equipment
*
70.200
6 H preferred

28,440

Bid

Ask

50 %

Sale

11 %

Sale

42

Sale

101% 102 M
Sale

30

8%
10
23% Sale
38% Sale
87
89%
3%
3%
3%

Bid
38

Jan. 31

Ask Bid
Sale
37%

6% Sale
32% Sale
19%
20%
101

103

41

95

2

2%

Sale
12% Sale
% Sale

1% Sale
11% Sale

Sale
Sale
Sale
Sale

18% Sale
4%
4%
39% Sale
96%
96%
2%
2%

% Sale

1

%
3%
19%
36

38%
50

47

^

%

Sale

% Sale

%
%

1% Sale
1%

1%
2
9% Sale

Sale
o

6<i

8%

%

a

Sale

A4
9

c

Sale

%9 Sale

% Sale
14% Sale
33%
35%
46%
49

%
13

1

13%

33% 34
47%
50
%
%
% Sale

o¥>

A8

13%
13%

Sale
Sale

11% Sale
5% Sale

8%
9
11% Sale
4% Sale

33

31

31

83

35
Sale

10

Sale

M

90

36
Sale

12%

Sale

78%

80

96

Sale

52

62

50

60

4% Sale
22% Sale

3% Sale
31%
32

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

37%
6%
27%
19%

Jan.
Jan.

Jan.
Jan.

Jan.
105% 102
23% 23% Jan.

23

Sale

93

38

6% Sale
29% Sale
19
19%
103

25%
26
16%
17
4% Sale

Lowest

Ask

4% Jan.

2

39

Jan.

95
2

Jan.

6

Jan.

12

Jan.
Jan.

12

1%
9%
%
%
%
%

45

7,770 CI eve Elec 111 $4.50 ser pref—*
73,100 Cleve Graphite Bronze (The).l
610 Cleve & Pitts RR Co 7% gtd.50

780

Special gtd 4% stock—-50
Climax Molybdenum Co—— *
Cluett Peabody & Co
—*
Preferred
--——-100
Coca-Cola Co (The)-—--—*

67,900
01agQ ^
8,400
606,000 Colgate-PafmolivtKPeet Co—*
6% preferred--—--.100
14,700
*
153,200 Collins & Alkman
5% preferred—
100
4,150
Colorado Fuei & Iron Corp—*
89,200
Colorado & Southern---—-100
15,760
4% 1st preferred---.-—100
17,610
4% 2d preferred
----100
6,650
Columbia Broadcasting
System Inc class A—-.2.50
190.900
Class B
--..-.2.50
77,075
Columbia Gas & El
—-*

2,209,800

55,000
2.340

39,000
81,500
16,900
290,500
5,400
323,100
6,900
1,299,100
1,881,900
287,200

1,558,400
45,100
144,300
12,300
1,220
622,900
28,500
1,010
5,710
262,100
1,256,820

19

580
400

29

see

4

5

8.

Jan.

5

Jan.
Jan.
Jan.
12% Jan.
33% Jan.

2

.4.

Jan.

5

Jan.

3

13

iff

8

10

8

30% Aug.
44
Aug.
% June
% Aug.
% Aug.
7% Apr.

Jan.

12
8
2

Jan.

2

29

Jan.

2

Jan.
Jan.

3
9

11% Jan.
4% Jan.

26

12% Jan.
5% Jan.

3

9

16

$
9

29
9

6

11
Sale
28% Sale
70%
77
42
SO

25%
27

31%
59%
14%

Sale
Sale

Sale
127%
Sale
60
Sale

92% 103
35% Sale
95

107

21% Sale
6% Sale
9% Sale
7%
7%

79% Jan.
12% Jan.
94% Jan.

15
15
17

91% Jan.
14% Jan.
97% Jan.

*60

Jan.

30 £60

3

31
17

29 114% Jan.

Sale
Sale

28

Jan.
Jan.

113

Jan.

3
26
26

Jan.

30

3% Jan
32% Jan.

2

-,

4

Si**
76
45%
39%

Sale

Sale

77%

78

Sale"

Sale

•35% Sale
130%
118

Sale

Sale

65

Sale

18%

Sale

Sale

Sale

Sale

33% Sale

Sale

110

4%

35% Jan.
35% Jan.

39% Jan.
77

19

Jan.

39% Jan.
39% Jan.

118

Jan.

61

Jan,

16% Jan.
103% Jan.
30

Jan.

2

Jan.

16

110% Jan.
17% Jan.

22

4

Jan.
Jan.
Jan.

8
15
23

Jan.

4

29

2
29

18

Jan.
Jan.

Sale

3

Jan.

19

Jan.

2

Sale

18% "19%
4% Sale
5

2

19

139%

Sale

105%

62%

3 5 % J an,
77
Jan.

10
8

4% Jan.
4% Jan.

19

Jan.

3
12

"18%

Sale
5

5%

19

Jan.

13

24% Jan.
24% Jan.
7% Jan.

13
3

Sale

Sale

6 % preferred series A - -100
5% preferred—
--—-100
Columbian Carbon v t c
*

75

Sale

Sale

Sale

88

Jan.

2

50

65
Sale

78

82

76

Jan.

6

93% Jan.

4

15
29

Sale

9

preferred-——-*

57

Sale

7% Jan.
23% Jan.

29

Commercial Credit———..10

Jan.
Jan.
Jan.
Jan.
Jan.

31

Columbia Pictures

Jan.

15

Jan.
Jan.

15

Jan.
Jan.

31

Jan.
106% Jan.
54
Jan.
111% Jan.
15% Jan.
1% Jan.
73% Jan.

Jan.

15

32% Jan.

12

$2.75

conv

Corp vtc.*

4%% conv. preferred—100
Comm'l Investment Trust—*

$4.25 conv. pref ser of 1935-*
Commercial Solvents.—----*

Commonwealth & Southern..*

———*

$6 preferred

93

Sale
88%
Sale
6%
22%
19%
23%
Sale
47% Sale
46%
105
106% 109% 104
Sale
51%
53% Sale
110% 112
112% 110%
Sale
13% Sale
13%
Sale
Sale
1%
Sale
64
Sale
64%
Sale
32% Sale
30%

94%

Sale

Sale

38% 109%
11% Sale
1% Sale
16

Sale

Commonwealth Edison Co..25

27% Sale

Conde Nast Publications——*

7% Sale
29% Sale

Congoleum-Nairn Inc..---—*
Congress Cigar
-—
*
Conn Ry & Ltg 4% % pref—100
Consol Aircraft Corp
1
Consolidated Cigar—.——.—*

Sale
Sale

8

9%

Sale

Sale

100

78

8
Sale

6 %% prior pref
100
Consol Coppermines Corp.. _-5
Consol Edison Co of N Y Inc.*

86

Sale

$5 preferred-——

Continental Can——20

$4.50 preferred

Sale
Sale

Sale

Sale

Sale

Sale

Sale

Continental Insurance...-2.50

17
95
Sale
Sale

93%
Sale
Sale
Sale
Sale
Sale

Continental Steel Corp
*
Corn Exch Bank Trust Co.-20

Sale

Refining—-25
Preferred-.-———-100
Coty Inc
—1
Coty International Corp
1
Crane Co
-—---25
5% conv preferred
100
Cream of Wheat Corp (The)__2
Crosley Corp (The)-—--—*

Sale
Sale

176%

Sale

Sale
Sale
Sale

*

Sale

$2.25 conv pref w w———*

40
Sale

Crown Cork & Seal

Preferred ex-warrants
*
Crown Zellerbach Corp.——5

$5

18

Sale

42%
113
7

61

23%
103

31%
7%
27%
38

37%
17

Sale

90

Sale

40%

Cudahy Packing——

50

Cuneo Press Inc

Sale

6%

si*

13% Sale

Sale
Sale

pref-—100
*

page

40.




Sale

Sale

2!PS

Sale
Sale

8

32%

107ff

Sale

P

107

1

%

Jan.

3

9% Jan.
32% Jan.
18 108% Jan.

31

9% Jan.
4% Jan.

7

Jan.

1% Jan.
3% Jan.

23

9

3

Jan.

17
31

Sale
2

l\* 17*
102
Sale
Sale
Sale

Sale

42% Sale
115% Sale

6%
40

7
Sale

4% Sale
24% Sale
28
27%
54%
54%
63% Sale
173
5

3

175

16

100%
14%
13%
1%
94%

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

41% Jan.

aV/8

80

Sale

14

Sale

26% Sale
4

¥
83

48%

53

60

55

Sale
Sale

3

Jan.

Jan.

10
10

Jan.

10

44

8

26

Jan.

4

38

Jan.
3% Jan.

12

25

Jan.

22

54

Jan.

22

62

Jan.

174% Jan.

5
3

3

2

10
22

§!8

5% Jan.
1% Jan.
24% Jan.

4

11
16
3

22 105

15

Jan.
32% Jan.
7% Jan.

9

30% Jan.

9

40

8

2

15

i?ff

Jan.
Jan.
Jan.

10
29

30
2

2

92* Jan.

6

22

Jan.
82% Jan.
4% Jan.

4

22
16

22

Jan.

12

13% Jan.
26% Jan.

29

3% Jan,

31

iH

Jan.

6% Jan.

42

2

Jan.
Jan.

2

Jan.
13
65% Jan.
30 177
Jan.

3% Jan.
x79

40% Jan.

15

22% Jan.

7% Jan.
83% Jan.

15

28

11
6

2

4% Jan.

23
12

IS**
82

Jan.
Jan.

12

18% Jan. 30
4% Jan.
5
16% Jan. 18

Sale

Sale

6

112% Sale

111% Sale

111

Jan.
Jan.

22

31

26
4

Jan.

Sept.11

Feb.

Apr.

6

72% Aug. 15
32% Dec. 29

6

Feb.

1

Apr. 11

Dec. 16

150
3

[Sept.

22 177

' Sept. 5
5
%! Sept. 5
2%
16
38
Sept. 1
93
Apr. 12 110
26% Jan.
3
32%
6%'Aug. 25 13
8
20%rApr.
41%
33
Sept. 1
40%
28
Apr. 11
37%
9
8
Apr.
17%
75
Apr. 14
94
8
24% Apr.
52%

June 30
2
2% Aug.
3
8
Apr.

62

96

Jan.

3

Mar./

3

Aug. 11
Dec. 14

July 25
Jan.
Jan.

9

Aug. 21
Aug. 24
Dec. 27

3%!Sept.

3

Jan.
3
Feb. 28
Mar.
4

Dec. 20
Dec. 11

Sept. 22

Apr.

1
14

Jan.

63%rSept.27

12

73% Apr.

91

53

Jan.
120% Jan.
Jan.
Jan.
Jan.

12

45

iff!

8
31
26

Jan.

5

13 %
3%
14%
4%
103

Jan.

Apr.
Aug.
Sept.
Apr.
Sept.

8
24

10
26

12

6

8% Sept. 11
Sept. 5
Sept. 8
19% Sept. 11
28% Dec.
9
7%'Sept. 27

13% Nov.
32% Nov.

11

3

Aug.
4
Apr. 29

13
93

38

Jan.

2

4 % Aug. 24
19% Apr. 11

nIll

6
3

32% Apr. 11
51%rSept.25
xlOoj Sept. 8 116
May 31
5
8
Apr.
10% Jan.? 5
29% Apr. 11 40% Dec. 30
1 % Apr. 10
5% Nov. 4
19% Aug. 24
31% Jan.
3
16% Apr. 11 32% Sept. 11
49
Jan. 26
61% Sept. 16
54% Apr. 19 67%18ept.il

26

10% Jan.

53

1

48

46

Oct.

15% Jan.

x87% Sept. 15 100

4

15

9

Mar. 14
Feb.
8

5
30% Jan.
Sept. 8
9% Dec. 22
Jan.
4% Apr. 17
5
15% Aug. 24 32% Nov. 4
5% Apr. 10
Oct. 25
4
73
Apr.
Feb. 27
85
79% Apr. 18 91 - Aug.
4
7%'Nov. 27
11
Sept.11
27
' Apr. 11
35
Mar. 10
4 108% Aug.
101% Jan.
4
% Dec. 27
2% Jan.
5
7% Sept. 12 12% Mar. 10
6
3%lDec.
7% Mar. 10
6% Aug. 24
Sept. 6
1
FJuly 14
Sept. 12
1% Apr. 11
Sept. 11
8% Aug. 31 34
Sept, 12
88
Sept. 19 101% Dec. 20
9% June 30
7
17% Dec.
11% Apr. 10 22% Mar. 1

6
11

25

Feb.

83

5

Jan.

Jan.

3

z25% Apr. 10

Jan.

2

9% Jan.

60
Sale

19

Jan.

Jan.

Jan.
Jan.

Sale

8

17%
15%
1%
97%

116% Jan.

82

Sale

2

8

12

90

18%

2

Jan.

22
27
26
26

P

Jan.
Jan.

13
19

Jan.

16

V*

1
12
24 102
15

Jan.

2% Jan.

Jan.

28

29% Sale

8

24

6% Jan.

115

Sale

6% Sale

90

17%

91

19

82

20% Sale
4%
4%

4

30

31

9

91

Dec. 19
J an.

2

Jan.

Sale

Sept.
Sept.
Sept.
Sept.

25% Dec. 13
25% Dec. 13

Aug. 24

8

27

4

83

110%

Sale

Dec. 30
Oct. 19
Oct. 26
Dec. 28

16 109% Aug.
7
8
Jan.
60
3
Sept. 19 no* June 21

2
3

*

Dec.
5
Mar. 16
Jan.
6
Dec. 29

42

4

Jan.

30
15

Feb.

26
22

5

Feb.
9
Oct. 25
Mar. 13
May 2
Jan.
5

17

3

81

8% Jan.

Sale

W

30%

69

96

2

4

30

7
18
Sale

Sale

Jan.
._

30* Mar.

Jan.
Jan.

8% Sale

Sale

Sale

86%
7%

1

1
Sept. 13
9% Mar. 9
15% Sept. 5
13% Jan.
3
41
Sept.11
94% Oct.
6
14% May 23
97% June 10
58
Mar. 11
4% Oct. 26
34% Oct. 23

15
15
10

80
89
Sale

n
20 y
zoy
soy

Oct. 26
Sept. 27
Sept. 26
Sept. 27
Sept.27
Jan.
4
Sept. 15
Nov. 3
Sept.13

11

80

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

1*

Dec.
Dec.
Apr.
Oct.
Apr.

13

2§8

Feb. 10

14

Apr.

5% Jan.

13
15

5

3

4% Sept. 26

6%
15%
38%
98%

29

Sale

Sale

48

Oct. 23
Sept. 27
Sept. 27
June 27
Sept. 27

73

11

5% Jan.
25% Jan.
7% Jan.

8*

Sale

Curtis Publishing Co (The)—*
Preferred
*

$8 preferred

3%

18

26

26% Sale
7% Sale

8

1

4

9

10

Jan.

5

5% Jan.
22% Jan.

4% Jan.
Sale
1
Sale
% Jan.
Sale
22% Sale
21% Jan.
105
101% 102% 100% Jan.
Sale
Sale
31% Jan.
Sale
7
6% Jan.
27
Jan.
28% Sale
27%
37
Sale
Jan.
40%
Sale
39%
37% Jan.
15
Sale
Jan.
15% Sale
90
Sale
90
Sale
Jan.
Sale
Sale
36
34% Jan.
.85
80% Sale
78% Jan.

Sale

Curtiss Wright Corp——-.1
Class A..—...——...—.1
Cushman Sons 7%

82

Sale

5

-

Sale

64% Sale
172% 180
4% Sale

*

preferred

A*
Sale

40%
3% Sale
23% Sale
28%
29%

Crucible Steel of America—100
Preferred
-----100
Cuba RR 6% preferred—100
Cuban American Sugar——10
Preferred
-———-100

conv

Sale
115

6

Jan.

79

19

86%

5

Apr. 10
Apr. 14
5% Apr. 10
3
74% Jan.
62% Jan. 13

3

8

10

14

5
25

Sale

18

14

Jan.

101% 101%
Sale
16%
Sale
13%
Sale
1%
94%
94%

Sale

——1

Corn Products

Sale

15

4

6% Jan.
24% Jan.

1%

Sale

2

4
4

12

Sale

Sale

Continental Oil of Dei------5

Continental Motors

Sale
Sale

Sale

113%

Continental Diamond Fibre—5

1%

Sale

5H

13

31

Jan.

Dec. 11
Jan.

106% Sept.- 18 115
20% Apr. 11 39
69
Sept. 25 78
42
Jan.
3
45%
34% June 30 60%
21% Apr. 11 38
125
Sept. 11 135
105
Sept. 5 133
58
Jan.
7
62%
11% Apr. 10 18
1 110
101% Feb.
8
20% Apr.
37%
100
8 111%
Apr.
11% Apr. '8 24%
2% Aug. 24
8%
3% Sept. 1
9%
3% Aug. 19
8%

15

9

8
5
26
18

46% Sept. 28
2% Apr.
8
15
Apr.
8

Jan.

5%
22%
6

Sale

7% preferred

23

Sale

30%

97% 108%
30

79

22% Sept. 11

4

4% Dec. 28
Apr.
8
53% Apr. 11
9
Apr.
8

68

113% 114%

Apr.

4
4

Jan.

30

25

Sale

-

10

5

13

21%
29%
47%
95%

24
21
1
23
10
11

5

19

52% Jan.
47% Jan.

105

29

Jan.

% Jan.
% Jan.
% Jan.

5
5

Aug.
Apr.
Apr.
June
Dec.
Dec.
Apr.

Jan.

2

35% Jan.
49% Jan.
% Jan.

46

1%
9%
%
%
%
%

22

Sale

Cutler-Hammer Inc..———*
120,400
15,600 Davega Stores Corp——.5
Conv 5% preferred
—25
6,900
Davison Chem Corp (The)—.1
82,700
4,200 Dayton Pr & Lt 4%% pref-100

For footnotes

24

Apr.

Jan.
22% Jan.
6% Jan.

„

34,500
40,600
99,900
245,900
3,670
11,800
415,600
10,700
469,600
22,500
8,930
497,400
12,510
56,800
5,300
192,200
81,900
4,187,000
629,600

a:3% Dec.
27
Apr.
85% Oct.
1% Sept.

98

Sale

Consolidation Coal Co v t c.25

625*600

3
8
16
3

3

Sale

107,300
6% preferred v t c
-.100
10,200
Consumers Pow Co $4.50 pref_*
19,800
Container Corp of America-.20
274,800
Continental Baking Co class A *
273,600
fllooc T-i
'
179,900
8% preferred
——100
33,000
401,250
15,000
125,300
168,000
1,710,800
531,400
97,800
18,620
216,500
9,900
202,700
154,700

17
Aug.
6% Apr.

4

Sept.
Sept.

16% Sale
16% Sale
7% Sale

*
Consolidated Film Industry—1
52,800
$2 partic preferred
— *
18,800
Consol Laundries Corp
.5
87,000
Consolidated Oil Corp——
1,081,700
Consol RR of Cuba 6% pf-100
45,700
116.500

3
31

5% Aug. 24
22
18

Jan.

Sale

29

Jan.
Jan.
Jan.
Jan.
Jan.
J an.

26%
18%
4%
42%
97%
2%

4
2

70

—100

5% preferred

Jan.

2% Jan.
12% Jan.

29
18

June 29

10

9 104

Jan.

32

Jan.
Jan.
Jan.
Jan.

41%
7%
32%
20%

33

80% Sale
13%
13%
97% Sale
3

15

23
22
26
17

Clev Cine Chic & St L By—

70

352,100
485.800

YEAR 1939

1939

Shares

150

RANGE FOR

Jan. 3

N. Y. STOCK EXCHANGE

4
4

Nov. 16

55% June 17
25
Sept. 26
7

June 20

17% Mar. 10
10% Sept. 22
19 112% Dec. 14
8

N. Y. STOCK

34

EXCHANGE—STOCKS

-

7.AGGREGATE

^SALES
12 Months

In

Shares

4

.

.

/

1,000
1,700
3,200
2,700
7,600
30,200
1,400
1,990
1,900
5,300
12,700
37,600
8,300

310,400
876,300
70,700
123,200
149,200
8.400
500
561,000
54,900
5,110
621,900

10,900
2,900
800

340

26,200

9,900
440

62,300

94,000
253,400
4,360
208,600
16,100
196,300
831,100
954,900

2,800
8,300
120

25,600
1,300
7,300
26,200

47,'300
8,300
65,200
52,900
21,000
6,100
2,100
17,900
1,200
330

60,900
3,600
1,100
2,100
9,500
1,700
4,900

97,900
29,000

100

8,300
4,000
6,700
210

2,200
5,000
2,300
2,000
1,100
3,100
9,000

8,300
3,400
100

4.300
30

1,100
20

12,500

340

2,100
8,400
2,500
1,300
5,700
1,250
146,500
32,800
800

11,400
40

6,000
2,180
178,800
4,000
2,600
7,100
4,600
230

2,500
7,200
140

6,300
4,400
7,800
6,900
3,960
15i300
11,100
600
50

12,000
22,000
3,900

Eastern Rolling Mills
....5
Eastman Kodak Co of N J---*

.———4

Eitingon Schild
Electric Auto Lite

3

4% 1st preferred-------100
4% 2d preferred
—100

"1654 Sale"
1154
154

Sale

.18254 Sale

119

123

122

11654 11754
1654 Sale

2554

.*

Gabriel Co (The) class
53,300
Gair Co Inc (Robt)

—- -

-

/

.

tor footnotes see page




40.

12
15

43

Jan.

31

954 Jan.

4

15

20

Jan.

8

81

Jan.

25

66

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

3
10

30

Jan.

4

15
15
31

1654 Jan.
2254 Jan.
75
Jan.
■

Sale

654
13

142

6
176

2954
1654
154

Sale
17

38

Sale

Sale

15)4 Sale
154 Sale
754 Sale
3154 Sale
27

1154
7954
8854
9354
54

154
3

154

854
2354

154
654
2954
2554

4

Jan.

17

Jan.
2654 Jan.

15 18454 Jan.
2 123)4 Jan.
30 11854 Jan.
22 3154 Jan.

4
4
19
3

654 Jan.
22
15 16654 Jan.

3
2

19 178

Jan.

9

3254 Jan.
17 54 Jan.
154 Jan.

27
4
2

3

Jan.
Jan.
Jan.

Sale

Sale

454

854

99

Sale

Sale

24

Sale

4M

Sale

85
19
40

18

24)4
2454 Sale
9954 100

4254 Sale
3154 Sale
3454 36
18

254

254

Sale
Sale
Sale
101

72

80

5)4
35

3254 Sale
254 Sale
354 Sale
Sale

103

45

_

102

15

3454 Jan.
1454 Jan.

16
15

39)4 Jan.
Jan.

3

154 Jan.
654 Jan.

2

154 Jan.

4
8
8
8
5
10
3
29

29

Sale
Sale
Sale
1
Sale
3954
Sale
Sale
99

4

Sale
130

Sale
Sale
Sale
Sale
Sale
Sale

40
91

Sale"
^

654

Sale

-----

Sale
Sale
Sale
Sale

Sale
Sale

Sale

"l5""
Hrz
9954

854
36)4
3154
3054
154
4154
4554

854
2054
H
454
34)4
25M

87)4
17
40

1754
71

454
30
33

554

3

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

25 10054 Jan.

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan/
Jan.
Jan.
Jan.
Jan.
Jan.

Jan.
Jan.
Jan.
Jan.

Jan.

72

Jan.

4
31

Jan.
Jan.

31)4 Jan.
2

Sale

14

Jan.

13

Jan.

102

Jan.

1354
103

1454
106

954 Jan.
23)4 Jan.

1554 Jan.
Jan.

Jan.

354 Jan.

454 Jan.

1

1

Sale

51

Jan.

144

Jan.
Jan.
Jan.
Jan.
1954 Jan.
50 54 Jan.
1754 Jan.

Sale

44

40

8654
9354 9254 Sale
12854 Sale 12954 13054 128
51
5254 Sale
5454 Sale
12354 Sale
12554 128
12354
43 54 Sale
3754
454 Sale
454
9)4
954 Sale
109
111
10954
1
Sale
54
1
H
1854
1954 1654 1654 16
91
9154 86)4
89
Sale
54 Sale
54
54 Sale
1754
1754
18
11754
18
2754
2854 30
'3254 Sale
15
Sale
1454
11454 15
26
*29
Sale
2754 24
19)4
2154 Sale
11954 Sale
13
Sale
1254 Sale
11)4
16
1654 1554
1554 1654
100
9954
8254
9954 95
2054
21)4 Sale
2254 Sale
654 Sale
654
654 Sale
4854
5054 4754
4754 49

sIH
10r n8H

Jan.
Jan.

Jan.
Jan.
Jan.
Jan.
Jan.

Jan.
Jan.
Jan.
Jan.

Jan.

29

15

3454 Jan.

18

2)4 Jan.

3)4
1754
9
1454
4 104

26

30

5'
14

19

Jan.
Jan.

Jan.
Jan.

10354 Jan.

15

2

Jan.
Jan.
Jan.
Jan.

50
7

'

754
14354
254
254
354
954 Sale
954

754 Sale

Jan.

20

24

52

Jan.

87)4 Jan.

5

142

4
8
19
3
4

25

26
22

145

3

3

2854 Jan.
4)4 Jan.

24

654
654
654 Jan.
654
Jan.
10454 102
10354 102

8
4
30

Jan.
Jan.
454 Jan.
3254 Jan.

Jan.

8

Jan.

18 40
8 2254
31 2154
18 106
18 46
15 21
25 3454
23 2454
30
354
27 35
8 10754
19 2054
12
7254

50

8

4
5
3

2754 Jan.
1754 Jan.

5
23
12
30

50

8
8

554 Jan.

27

46

50

8

4054 Jan.

22

11H Jan.

12

"454 Janl"24

16

254 Sale
354 Sale
14

Jan.
3 111
31
1254 Jan.
83
Jan.
31
Jan.
26 89
97
Jan.
31
54 Jan.
22
23
154 Jan.
354 Jan.
23
20
1)4 Jan.

97

2554
454
54
21)4
85)4
89
1754 1754
Sale
3754
2354 22)4
1954
Sale
Sale
104)4
4354
Sale
Sale
1854
32
Sale
2454 2354
2)4
Sale
3254
Sale
107)4
1854 1754

34
Sale

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

15
17
9
15
31
2

25

73

12

Jan.

354
1154 Sale
19)4 Sale
2154
23
50
53
5354 48
18
1854 Sale
1854
11354 Sale 116)4 Sale
113)4 Jan.
40 H Sale
3754 Sale
3754 Jan.
4754 Sale
4554 Jan.
4754 Sale
116
118
117
Jan.
117
121
54 Sale
54 Jan.
54 Sale

Sale
Sale

17

27

454
12 )4

754 Sale
138
3

31

454
1154

454 Sale
1354

13

5654 Sale

Sale

Sale

Sale

654

Sale
14Q
Sale
Sale

Sale

19

AH

Jan.
Jan.

215! 225!

1854
2354
1954
2054 Sale
105
10454 105
46
Sale
4454
18)1
2054 Sale
33)4
3454 Sale
24
24)4 2354
2 54
254
2 54
3354
3454 32)4
10654 107)4 107

30

15

16
1

454 Sale

2154

102

Sale

Sale

Sale
Sale

1454 Sale

10454

„

8654

16

Sale
Sale
5154

Sale
38

\H
Sale

24

"3454 Sale'

Sale
154

1554 Sale

8654 Sale

27)4 Jan.

27
23
22
12

454
6
3954 Sale
27

Jan.

a

2254
54
554
3854
2554
1654
9754

1

173

4 120

2554 Jan.
29
Sale
2854 Jan.
Sale
1)4 Jan.
Sale
154
154
37
Sale
3654 Jan.
Sale
42
Jan.
45
Sale
43
11054 10954 11054 10954 Jan.
954 Jan.
954 Sale
Sale
7454 Jan.
7454 Sale
Sale
8654 Jan.
8454
86
Sale
8954 Jan.
Sale
8954 Sale
54
54 Jan.
54
1
1 )4 Sale
154 Jan.
154
254 Jan.
254 Sale
354
154 Jan.
2
154
154

2854

654
Sale

Sale
Sale
Sale
Sale

30
3
18

27

"354 ""454

Sale
Sale

3254 Sale
16
Sale
1
154
3554 Sale
1554 Sale

29
10
2

Jan.

Jan.

Jan.

Sal?

2854
154
4154
4154
10954

177

1354
3554
18)4
23)4
15 83)4
2 15354
12 1754
8
15
3
1354

Jan.

—

2854 Sale

Jan.

1454 Jan.
654 Jan.

13
117
118
175
180
Sale
12254 12354 122
117
Sale
116)4
-

1654
2354
554
54
12554
2354
3454

31

454 Jan.
454
554
16054 Sale 15854 Jan.

654

25

Jan.
Jan.

172

554

454 Sale
254 Sale

454

30
31
18
25
16
2

1854
454
54
12354
2054
3354

1154 Jan.

Sale

654
1254

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

2
3
3
2
8
10
27

77

Sale
Sale
Sale
Sale

16

26

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

3454 Jan.

Sale

81

Jan.

173

1554 Sale

4
....—1
140,400
$3 preferred—........... 10
13
57,700
Gamewell Co (The)
14
-*
13,970
95
800 Gannett Co Inc conv $6 pref--*
Gar Wood Industries inc
3
6 54
63,700
1854
25,800 Gaylord Container Corp..—5
5)4% conv preferred-—60
5154
3,500
Gen American Investors—.—*
9
82,100
$6 preferred—
* 100
3,000
Gen Amer Transp Corp—
5
59
147,210
General Baking Co...———5
954
166,100
$8 preferred---.
—* 133
2,410
General Bronze....——.—5
4)4
45,900
General Cable-.-.———*
1754
326,100
Class A————.....
*
35
44,500
Preferred 7%
100
72
11,660
General Cigar Inc
*
2354
52,800
7% preferred
——100 127
3,710
General Electric.....——*
4354
2,394,300
General Foods
*
3954
578,200
$4.50 preferred
——* 114
13,700
General Gas & Electric cl A..*
1)4
173,500
$6 conv preferred A——*
39
1,170
General Mills
.———.*
78
68,100
5% preferred——.100
1,530
General Motors Corp.——10 "5054
4,657,200
Preferred 5%
.——..* 123)4
47,800
Gen Outdoor Advertising A—*
3454
9,700
Common..-————*
654
76,200
General Printing Ink........ 1
1054
69,100
$6 preferred
—.......* 107)4
1,880
General Public Service—...*
1)4
49,700
General Railway Signal...—*
2654
138,300
6% preferred—..——100
90
980
Gen Realtyi& Utilities Corp—1
154
208,700
$6 preferred
1954
37,400
General Refractories.....—*
4054
184,200
General Shoe Corp..........1
27,600
Gen Steel Castings $6 pref...*
3054
57,870
General Telephone Co
20
52,400
Gen Theatres Equip Corp...* "1454
124,900
Gen Time Instrument Corp—*
15^
16,900
6% preferred
.......100
300
General Tire & Rubber Co—5
2354
463,300
Gillette Safety Razor
.-.-.5
854
314,700
51
$5 conv preferred.........*
49,000
.

Sale

954 Sale
1954 Sale

*15054 Sale

3

27

9

41
8

Sale

81

2354 Jan.

4

Jan.

16

16654 Sale

*

A—*

30

—

124
2154 Sale
r3454 Sale

123

1154
3554
1854
2254

Highest
Sale Prices

2554 Jan.

Sale
Sale

28)4 Sale
13
1454
81
8454

cl A—*

Sale

11754

2054 Sale
26
2654
1554
1654
1854 Sale
454 Sale
54
54

43

Lowest
Sale Prices

Sale Prices
20
Jan. 19

1854 Jan.

Ask

Sale

754 Sale
184

Fajardo Sug Co Porto Rico..20
Federal Light & Traction..-15
$6 preferred
*
Fed Mining & Smelting new. .2
Federal Motor Truck—-----*

IFollansbee Bros—;

Sale
120

43

Florence Stove Co—
Florsheim Shoe (The)

754
117

Fairbanks Morse & Co---—-*

(The)-———*

17 54

115

110

2454 Sale
154
254

Flintkote Co

Sale

13

3
Exchange Buffet Corp
*
Fairbanks Co 8% preferred.100

6% preferred series A—.100
First National Stores....—*

II* Sale
a1^

12

Ex-Cell-0 Corp

4)4 % preferred
—100
Ferro Enamel Corp
1
Fidelity Phenix Fire Ins..2.50

77
Sale
35

12

13

Federal Water Service A——*
Federated Department Stores.*

7454
12)4
3454

17

* '"354 Sale"
(The)——5 3454 Sale

Electric Boat
Elec & Musical Industries-

9

Sale

82)4 Sale

2

Edison Bros Stores Inc.

854

4l^

19

142

—100 17554

6% preferred
Eaton Mfg Co

4l%

Sale
Sale

23

1954
254
3
Food Machinery Corp...—-10
34
Sale
4)4 %conv preferred
100 107)4 Sale
Foster-Wheeler..—......-10
2854 Sale
87
90
7% conv preferred---.--—*
Francisco Sugar Co
-*
3 54 Sale
58
4854
780 Franklin Simon pref——.-100
10 2954 Sale
255.800 Freeport Sulphur Co

700

8,500
12,700

Duplan Silk—
—
—*
8% preferred—.————100
Du Pont de Nem & Co (E I) -20
$4.50 preferred-—
Duquesne Light 5% 1st pf-100
Eastern Airlines Inc.—
-.1

Sale

2154
3354

Sale

Evans Products Co—.......5

151,600
24,700
119,900
466,800
20,800
411,000
60,800
52,800
4,060
193,400
1,840
64,200

4,300
2,400
7,400
15,000
2,000

500

-1

Dunhill International-

124

Highest
Sale Prices

Lowest

Jan. 31

Ask Bid

2354 Sale
2554
26
1654 Sale
2254 Sale
554 Sale
54 Sale

7854 Sale
13254 Sale

—*

Dresser Mfg Co

*
360 Filene's (Wm) Sons Co
Firestone Tire & Rubber—--10

30

5,000

33

.*

~4

52,500
132,600
198,600
14,500
6,160
153,100
93,600
55,500
2,400
9,110
142,500
60,800
41,600
12,100
10,800
128,100

700

100

Ltd———

Douglas Aircraft Co Inc

Dow Chemical Co—....—*

50
20 Erie & Pitts RR Co
Eureka Vacuum Cleaner..—5

4,800
9,200

70

Dome Mines

-—.—-

"6* 600

3,900
1,200

Ask 'Bid

American shares.
254 Sale
73,740
—*
1154 Sale
1,039,300 Electric Power & light
$7 preferred-——* 3754 Sale
432,800
$6 preferred
—* 3354 Sale
141,100
30
Sale
84,700 Electric Storage Battery——*
—*
154 Sale
56,700 Elk Horn Coal Corp
.3
29
Sale
132,000 El Paso Natural Gas Co
-----—50
41
43
15,900 Endicott-Johnson
5% preferred-—--100 11054 Sale
7,660
Engineers Public Service——1
954 Sale
1,442,800
$5 conv preferred—
*
6654
6854
27,500
$5.50 preferred w w——...■♦ 7154 Sale
22,100
$6 cum preferred
.... *
76
78
12,400
154 Sale
105,900 Equitable Office Building-.-.*
Erie RR—
100
2
Sale
163,800

700

2,000
5,600
3,900
1,080

Bid

...

800
:

Par

20 54 Sale
-*
805,600 Deere & Co
Preferred----20
24)4
25
43,300
15
1554
28,800 Deisel-Wemmer-Gilb Corp.-10
100
2454 Sale
673,600 Delaware & Hudson
8
Sale
462,000 Del Lackawanna & Western .50
154
1)4
23,100 IDenver Rio Gr & West pf-100
100 113)4 Sale
24,900 Detroit Edison
3054 Sale
*
32,020 Devoe & Raynolds A
-*
30)4 Sale
60,300 Diamond Match
Partic 6% preferred—-—-25
42
Sale
29,400
Diamond T Motor Car Co---2
854 Sale
74,300
20
Sale
214,100 Distil Corp-Seagrams Ltd---*
84
86
12,100
5% prefwith warrants---100
*
1254 Sale
20,220 Dixie-Vortex Oo_
Class A
*
3454 Sale
10,180
2254 Sale
74,600 Doebler Die Casting Co--—*

26,000
2,600
1,400
25,600
21,400

1939

1939

1939

Shares

YEAR

Jan. 3

EXCHANGE

Jan. 2

January

RANGE FOB

PRICES IN JANUARY

Price

STOCKS
N. Y. STOCK

5754 Jan.
8)4 Jan.

Jan.
19 145
16
354 Jan.

11)4 Jan.
23)4 Jan.
56
Jan.
1954 Jan.
2 11654 Jan.
Jan.
15 41
12 4854 Jan.
24 11854 Jan.
2
54 Jan.
31
31
22
15

44

9

3
4
4
5
31
2

2
6
2
8

3
5
3

16

Jan.
Jan.

15 13054 Jan.
15
55)4 Jan.
Jan.
25 126

Jan.
Jan.
Jan.
Jan.
Jan.

Jan.

8
16

5)4 Jan.

16

10
Jan.
15
Jan.
27 110
154 Jan.
4

10

Jan.

12

1954 Jan.

Jan.
Jan.
Jan.
Jan.

15

91

2
3
19
13

54
1854
3354
15)4

Jan.
Jan.
Jan.
Jan.
Jan.

Jan.
Jan.

15

30

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

16
3
Jan.
12 100
18 2354 Jan.

Jan.

Jan.

3
4

2

3

3

46

24
1

28

Oct.

26

8)4
154
13 12554
Sept. 2 3254
Apr.
3 3454
Sept. 7 44)|
Aug. 22 1054
Sept. 11 2054
Sept. 30 90
May 18 1354
Mar. 31 35 54
Apr. 10 22)|
Sept. 11 34
Aug. 24 8754
Apr. 11 14454
1754
Mar. 31
Dec. 27
1954
Apr. 14 14
Apr. 12 11654
Apr. 11 18854
Sept. 7 12454
Sept. 12 11854
Apr. 11 31)4

Sept. 27
Jan.
4
Oct. 26
Jan. 11
July 26
July 13
Nov. 3
Mar. 1
July 31
Nov. 4
Jan. 16
Jan.
3
July 26
Nov. 4
Dec. 29

854
3 54 July
5
13854 Apr. 26 18654
15554 Sept. 25 18354
1554 Apr. 11 30)4
1554 Sept. 5 19 H
1
354
Aug. 24
22)4 Apr. 11 4054
.854 Apr. 10 1854

Sept. 12
Jan.
5
Feb.
8
Oct. 25
July 12
Jan.
4
Oct. 26
Nov. 13

18
28

3654
554
1354

954
10

20)4
55

10154
6
6
10
108

12654
112

11154
1254

154
654
2054
1854

19

Sept. 11
Apr. 10
Apr. 11
Apr.
8

2354 Apr. 11
54 Apr.
4
28

Jan.

25

32)4 Aug. 31
*10354Mar.22
7
Apr.
8
6254 Apr.
8
6554 Apr.
8
69
Apr. 11
54 Aug. 24
1
Aug. 21
1)4 Sept. 1
154 Apr. 10
6554 Sept. 15
354 Sept. 1
6
Apr. 11
1454 Apr. 11
54 Dec. 20
254 Apr. 10
24
Apr. 11
20
Apr. 10
11
Apr. 11
Jan.

81

24

Dec. 29

Jan.

13

June 19

Nov. 2
Sept. 5
Aug. 18
Feb. 27
Dec. 29

354 Mar. 6
1254 Jan. 19
41)4 Jan. 20
38
Feb.
6
35
Sept. 14
354 Sept. 11
4254 Nov. 29
55
Sept. 13
111
Jan. 30
13)4 Aug. 3
8054 June 21
89
Aug. 16
95
Aug.
7
1)4 Sept. 11
3
Sept. 28
6
Sept. 28
354 Sept. 27

6554 Sept. 15
554 Mar.
13

Jan.

2554 Nov.
254 Jan.
8)4 Sept.
43)4 Jan.
3854 Sept.
18)4 Aug.
98

8
3

4
20
26
15
8
15

Dec. 11

1)4 Apr.
July
7)4 Aug.
9
July
94
Apr.
354 Apr.
39)4 Sept.
4554 Aug.
554 May

10

354 Sept. 13

2

3

11
4
27
9
9
4

11

Mar. 31

9

1754 Apr.

8
Apr. 10

43
16
106
31

112
28

354
7
105

54
1254

8554
54
14

1954
1254

Jan.

2

25

654 Jan.

10

854
1054
9754
1554
554

Jan.

11

4354

4
3
17
4

16
15

17
3

28
27
9

21

11

Jan.

4

35
75

Jan.
Jan.

3
4

8 2554 Jan.
6
23 13054 Mar. 31
11 4454 Jan.
5
27 47)4 Aug. 3
3
25 11854 July
154 Jan.
5
14
Jan.
3 6554 July 11
July 28
Jan. 26 99
Dec. 27 12854 Dec. 11
Apr. 11 5654 Oct. 26
Sept. 5 126 54 June
8
Feb. 28
Apr.
4 38
6)4 Jan.
5
Sept. 5
Mar. 31
10)1 Jan. 3
Apr. 15 11154 Nov, 25
154 Sept. 5
June 30
Jan.
5
Sept. 1 28
Aug. 22 9254 Apr. 6
154 Jan.
3
June 30
5
Sept. 6 2054 Jan.
Jan.
4
Apr. 11 41
Aug. 24 1554 Oct.
7,
Apr.
8 4354 Sept. 2/
Apr. 28 20 54 Nov. 20
4
Sept. 5 1554 Jan.
Nov. 8
Aug. 10 18
Nov. 15 9954 Feb.
8
Apr. 11 2754 Mar. 10
Apr. 10
854 Jan.
3
Mar. 14
Oct. 21 54
Dec.

39
7254
12554
3654

26
26
25
21
5
3

18

Oct.
Apr.
3654 Jan.
10754 Sept.
54 Dec.

2254 Jan.
1354 Jan.
1654 Jan.

51

2554 Oct. 18
2754 July 11
1854 Dec. 11

5)4 Sept.
10
10 1854 Oct.
13 1554 Sept.
22 104)4 Dec.
3
10
754 Jan.
3
1 1854 Jan.
Jan.
5
17 52
3
9
Jan.
17
96
Jan. 26 10354 Mar.
3
40
Apr.
8 65
Sept.
3
Mar.
8
754 Dec. 21 11
4 128
Sept. 20 149
July
9
254 Apr.
1
554 Sept.

3
3
2
26

Jan.

2

Jan.

10
8
10

8
2854 Dec. 30 3154 Dec.
654 Nov. 4
254 Aug. 24
9
154 Jan. 19
54 May 25
3
1894 Apr. 11 2754 Oct. 18
6
8254 Sent. 13 8994 Feb.
17
3
1754 Nov. 30 2354 Nov. 20
2
2754 Apr. 11 4054 Dec. 16
1654 Sept. 13 21)4 Dec. 28
5
1754 Apr. 10 2554 Sept. 12
3
24
9954 Jan. 16 105)4 June 8
2
Aug. 3
3854 Apr.
8 51
3
15
Sept. 5 3154 Jan.
4 '
25
Apr.
6 38
July 27
2
Oct.
6
17
May 12 25
3
5
Sept. 11
1)4 Apr.
8
9
21
9
Apr. 14 3754 Sept. 12
5 10854 Jan. 11
4 10354 Apr.
14
5
5
Aug. 24 2954 Jan.
6
18
6654 Aug. 24 9054 Jan.
9)4 Sept. 5
5
1)4 Apr. 10
Jan. 13
27
Sept. 15 55
29
Sept. 27
25
1854 Apr. 26 36

9354 Jan.

Jan.

1554 Apr.
Apr.
1154 Apr.
12)4 Aug.
354 Sept.
54 Dec.
103
Apr.
23

.

N. Y. STOCK EXCHANGE—STOCKS

FEB., 1940]

35

AGGREGATE
SALES
In

January

Jan. 2
Par

520,600
21,130
174,600
8,300
193,100
95,100
1,840
890,800
55,700
1,189,700
41,930
54,400
1,850
502,120

40

24,800
2,500
42,400
1,600
2,700
210

82.200
10,300

*

3,900
2,400
1,200
3,600
800

36,800
45,500
5,100
860
10

Girabel Brothers

*

494 % conv preferred

Sale

50

Sale

2,200
5.500

254

(Adolf)

45

47
Sale

70

109

Sale

5

Sale

74

80
Sale

100

Without div certifs.
Granite City Steel...
Grant (W T)

1%

Great

Great

100

Preferred

1,000
800

320

15,500

3294 Sale

2394 Sale

23 94

Sale

1794
2654
2854

3o|
26

Sale
Sale

135% 137

200
80
550

6,300

790

~~2", 600

41,700
2,611
405,100
22,700
417,800
10,500
1,600
60,300

250

21,700
1.800

33

Sale

17

Sale

1194
294

Sale

Sale

21

12% Sale

10,800
600

70

1,800

610

1,200
1,700
700

4,300

3,900
5.800
12,700
2.700
6,200

5%

15%
100

99

105

97

100
Sale

31

6% preferred

100
1
694 % preferred with warr 100
Hayes Mfg. Corp
2

138%

Hat Corp class A

6

Hazel-Atlas Glass Co

106

Hecker Products Corp

Helme (G W)

7% preferred

72%

3%

Hercules Motors

*

'l0%
86

Sale

Sale

133

134

55

50%

104

105

17 %

20

50% Sale
9%
9%
14% Sale
104%
64

Sale

33 %
31%
17% Sale

Household Finance—
Common stock.
*
23,000
10,300
5% preferred
100
359,700 Houston Oil of Texas v t C..25
5
123,300 Howe Sound Co
31,800 Hudson & Manhattan-.—100
6,200
5% preferred
100
365,300 HuaBay Min & Sm Co Ltd
*
211,900 Hudson Motor Oar
--1
487,100 Hupp Motor Car Corp

1,800
100

10,900
4,300
300
400

10,400
9,700
11,200

12.500

698,400
40,600
8,640
14,190
17,600
209,400
42,700
1,360
150,100
521,200
74,100
201,600

200

900

6,700

113,300
8,840
53,200
969,000
115,900
33,800
52,100
490,100
18,900
367,500
806,600
85,200

16,800
2,300
1,140
2,190
3,300
6,200
2.400
300

7,700
23,600
5,300

780

1,700
61,200
11,900
1,700
3,600

28,100
1,400
12,000
117,700
3,100

500

1,600
1,000
600

54,700
8,500
3,900
■

170

700

2,600
30

6,800
3,000
10,900
550

3,300
2,100
10

3,100
900

800

"MOO
200

4,600
4,800
150

Illinois Central..

70% Sale
104
8

50% Sale
Sale

594
3 4 % Sale
8% Sale
Sale

100

6% preferred series A

Sale

100

Sale

Leased line 4 %
100
RR sec stock ctfs ser A.1000

Sale

Indian Refining
Industrial Rayon Corp..
Ingersol-Rand

AW
Sale

10
*

Sale
Sale

*

100

6% preferred
Inland Steel

Sale"

*

Inspiration Cons Copper—20
Ctfs Inc
1

Sale

Insurancshares

4%
8%

Jlnterboro Rap Trans...—100
Certificates of deposit
Interchemical

Corp..
6% preferred

Sale

*
100

Sale

*

Sale

Interlake Iron

*

Internat Agricultural

*

Sale
Sale

Intercontinental Rubber

Prior

preferred

International

Sale

100

Int. Business Machines

Harvester.

*

18494

*

Sale

100

7% preferred

Internat Hydro-Elec Sys A.25
International Mercan Marine.*

159 %
Sale
Sale

Internation Mining Corp

Sale

1

1,813,000 International Nickel of Canada*
11,100

Sale

100

Preferred

International Salt

Sale

72,800
26,300
231,600
2,260
49,200
37,100

354 Sale
11194 Sale
10

Foreign share certificates—*

Sale
Sale
79

10 H

—-1

Sale
124

--1

Jar vis (W B) Co-.--*-.-.-—.1
Jewel Tea Inc..
*
Johns-Manville.
*

105

100

740 Kansas City Lt 1st pref ser B.»
*
62,700 Kansas City Southern—

4% preferred
100
16,100
25,000 Kaurmann Department Stores 1
5% conv preferred)----—100
1,800
5
37,500 Kayser (J) & Co—
670 Keith-Albee Orpheutn pref. 100
Kelsey Hayes WheelsConvertible classA
1
82,600
Conv class B-_i_--_
—1
102,400

2,100 Kendall Co $6

For footnotes see page 40.




partpref ser A.*

15

Jan.

24

Jan.

20

Jan.

16

54 Jan.

$18
120

3

454 Apr.

1354 Jan.
994 Jan.

15

1494 Jan.

4

10

1454 Dec.
954 Dec.
10
Apr.
2454 Jan.
2294 Jan.
1294 Apr.

Jan.

3

Jan.

18

16

Jan.

2

26

34
24

Jan.

23%
1294
2294
2794
13354

Jan.

18

Jan.

30

Jan.
Jan.

29
29

3

55

Jan.

34

Jan.

3

1754 Jan.

4

4

1454

16

32

3294

35-

Sale

26

133

Sale

4

18
27
26

22

Jan.

15

4

Jan.

4

5

32

Jan.

12

29

17

37

Jan.

9

32

3054 Jan.
3494 Jan.
1794 Jan.
1694 Jan.
10494 Jan.

12

6

•

Jan.

3
2

294 Jan.

2

1794 Jan.

Jan.

15 20
Jan.
12
17
Jan.
25 10694 Jan.
24 10394 Jan.

Jan.

22

7 94 Jan.
91
Jan.

3

103
24

15

123

Sale

3

5

794 Jan.
95

30

394 Jan.

11

2 11394 Jan.

394 Jan.
394 Sale
11294 11194 Jan.
1094 Sale
994 Jan.

Jan.

29

6

111

15594 160

163

Sale

155

Jan.

12 163

15

Sale

1494 Sale

8994 Sale

Sale
89
8794
131
13194 13394 Sale
61
6194
6094
6194
5994
11294
11394 11594 11194 114
Sale
18
17 94
17
1854
33 94 Sale
31
3194 Sale
6
694
554
554
554
1394
1294
1294
1294 Sale
110
101
10294 110
Sale
59
59
5994 Sale
34
3394
3194
3394 Sale
Sale
12
1154
1394 Sale

6894 Sale
11094 114
6

Sale

4994 Sale
54
9
3
26

4
Sale

594 Sale
1

Sale

L294 Sale
2394
24
10

Sale

694
654
594 Sale
2894 Sale
16

118

5094
56 94

Sale
8894

1354 Sale
554
394

3W
13

594
Sale
Sale

)854
494
LI 54
194
57
5594
5054

109
Sale
Sale
Sale

>5

166

Sale

Sale
Sale

494 Sale
994
694

Sale
Sale

100
148

1554 Jan.

3

10

Jan.

10

91

Jan.

8

5 13394 Jan.
15 62.
Jan.
16 11594 Jan.

30

150

152

8254
1154
594
354
254
4194
.0994
494

Sale

Said

53
8

5594

31

Sale
Sale
394
40
4194
108
IK)
494
454
954
994 Sale
154
194 Sale
3494
3294 33
.7954 18054 180
54
Sale
5394
16594
.66
169
4
494 Sale
854
994 Sale
694
654
694

3594
3594 Sale
al3494 Sale 131
12 94 Sale
1154
5054
5394 Sale
494
454
5
Sale
51
54 54 Sale
34 94
34
3654
3454
Sale
3454
3454 35
2894
2594
27
2554
100
9794
9894 10194
4
Sale
4
Sale
4
Sale
4
494
9
9
Sale
Sale
Sale
83
8194
93
/
9
8
894
894
2 5 94
25
Sale
2454
123
123
133

1594
93

89 94
Sale

15
87

7154

7094
12394
Sale
5594
1494 xl3%
Sale
12094
Sale
654

Sal

Sale

Sal

Sale

9
4

1854 Jan.
Jan.

4

654 Jan.

3
8

34

15

Jan.

Jan.

2

6094 Jan.

30
19

34 94 Jan.

9

1394 Jan.

3

6
7054 Jan.
10 11194 Jan.

29

12

24
3
11

Jan.

Jan.
Jan.

Jan.
Jan.

Jan.
Jan.
Jan.
Jan.
Jan

9

3
13

6

Jan.
Jan.

3

1

Jan.

2

Jan.
Jan.
Jan.
Jan.
Jan.

3

15
19
30

31

1354
2494
4154
694
654

1194 Sale
Sale
Sale

1054 Sale
6
694
9794

955*

6

38

Feb.
Jan.

5

3
5

3
9

Oct.

Jan.

Sept.
Apr.
Sept.

6094 Oct.
102

Sept.
494 Sept.
40
Apr.
54 Dec.
294 Sept.
2154 Sept.
454 July
54 Aug.

9
Aug.
1694 Apr.
3894 Sept.
454 Sept.

4

1494 Jan.

4

Jan.

10

6

354 Jan.

5

3

Jan.

8

4494 Jan.

8

15

3 110
15
30

Jan.

9

Jan.

6

1294 Jan.
294 Jan.

29
38
Jan,
22 18954 Jan.
15
6254 Jan.

22

14794 May
67
Apr.
994 Apr.
494 Apr.
254 Sept.
254 Dec.
17 94 Apr.
90
Apr.
294 Apr.

3

3 171
Jan.
31
554 Jan.
15
1094 Jan.
19
7
Jan.

Apr.

4

19

5

31
3894 Jan.
22 133
Jan.
18
1454 Jan.

5
5
4

5

10

3
4

11

Sept.

4594 Sept.
142

Sept.
354 Apr.
294 Aug.
554 Apr.

35
123

Dec.

Jan.
Jan.
Jan.
Jan.
Jan.

31

19
28
Jan.
15 100
Jan.
13
454 Jan.

5
4

84

494 Jan.
1054 Jan.

3

86

Jan.

6

854 Jan.
2594 Jan.

5

18
2
2
12

30

Jan.

15

Jan.

Jan.

30
2

J an.

15

Jan
Jan.

18

5754
554
5594
3554
3694

13 123

Jan. 22
17
Jan. 17
9094
Jan. 15 7794
Jan. 19 128
Jan. 16
67
Jan. 18
1494
Jan. 30 12094
Jan. 22
794

2

24
10
5

5
3

9

Jan.

13

Jan.

3

76

5

68

Apr.

59

2

122

Sept.
Aug.
Apr.
Apr.
Jan.
Apr.
Apr.
Apr.
Sept.
Apr.
Apr.

Jan.

4

5

35
13

11794
594

24

20

Jan.

5

1354 Jan.

31

1594 Jan.

8

30
9

1594 Jan.

8

1294

95

Jan.

9

85

1254 Jan.
794 Jan.
9554 Jan.

30

1054 Jan.

31

6

Jan.

Jan.

23
2

3
3

Jan.

4

110

9

5
31

Oct.

6694 May 11
9
3694 Mar.
17% Jan.
3

7394 July
11054 Aug.
954 Sept.
57
Sept.
154 Jan.
594 Jan.
3554 Sept.
854 Jan.
294 Jan.

IF
49

Jan.

4

Jan.

3

Mar. 13

1194 Jan,

299l

31
12
11
6
20
9
5
5
3

4

Sept.
Jan.

6
16

131

Sept. 20
157
Aug.
7
9854 Sept. 11
Sept. 5
5
594 Dec.
1
994 Mar.
394 Dec. 15
4694 Oct. 24
10994 Dec. 15
594 Sept. 11
10% Sept.12

19554
7154
16654
894
1754
10

Oct.

16

Oct. 18
Mar. 13

Sept. 15
Aug. 10
Jan.

5

Sept. 11
Sept. 5

3
5554 Jan.
May
2
3
1454 Jan.
5754 Dec. 21
694 May 29

138

Dec.
4
107
954 Jan. 19

3
6094 June
38
Sept. 25
4054 Sept. 11
33

Oct.

23

Feb. 28
Jan.
3

18

4

3

51

125

Jan.

30

1359$ Mar. 6
6594 Aug.
3
July 17
19
Jan.
7

115

Sep't.

13

Jan.

Jan.
Jan.

4

10194 Sept. 11

Sept.
794 Nov.
18
Apr.
11994 Sept.

Jan.

90

Jan.

394 Sept.
4
Sept.
794^Aug.

Jan.
Jan.

Mar. 24
June
5

1854 Nov.

4?"
145

Sept.
654 Aug.
2594 Aug.
3 94 Jau*
3994 Jan.
29
Jan.
3194 May
19
Apr.

2

3
6

1154 Mar.

3 15094 Jan.
22
90
Jan.

15

Mar. 29

Nov.

2194 Sept.

86

17

28

594 Nov.

4

15

Oct.

Oct.
7
Nov. 3
Sept. 27

854 Aug.
95
May
4754 Sept.
27
Apr.
854 Apr.

22

,

20 167

454 Apr.
1654 Apr.

2

Dec. 14

1094 Oct.
92

Sept. 13 117

3

29
15 118

9

Nov. 30

5 144

3
19

Apr. 10

Jan.
Jan.

15

Jan.

Jan.
Jan.

Jan.

54 Jan.
394 Jan.
27

25

Jan.

Jan.

3

3

Jan.

Jan.
Jan.
Jan.
Jan.

50

10

19

Jan.

Jan.

694 Jan.

12

26

Jan.
Jan.
Jan.
Jan.
Jan.

54
100

11

854
90

794
90

3294 May

Apr.
12894 Apr.

13 94 Jan.
95
Jan.

20

18

8

Jan.
Jan.

8094 Jan.
1154 Jan.
554 Jan.
3 94 Jan.
254 Jan.

,

1794
4 94
4 94
.094

18

70
6894 Jan.
11354 11194 Jan.
554 Jan.
554
554
4794 Jan.
4994 Sale
54
194
54 Jan.
3
Jan.
294
354
24 94 Sale
2494 Jan.
594 Jan.
554 Sale
1
Sale
94 Jan.

5794 Sale

5694

23
19

Jan.

Jan.
Jan.

68

11%
1154 Sale
2194
2194
2294
Sale
3894
594
594
594
594
594 Sale
26
2694
2694
L14
11554 114

2

63

Jan.
Jan.

Sept. 5
Sept. 6
Sept. 27
Sept. 27

Apr. 10
454 Nov. 4
93
Apr. 11 11294 Dec. 30
854 Apr. 10 1394 May 24

31

Jan.
Jan.

8
18

2

31

111

39

8

M

Dec.

July

Mar.
9
June 13

May

Sept.

A*

Jan.

1494 Jan.

131

3

6

36

.

96
17

2894 Jan.

5394
3594
2154
1294

Apr. 11 1854
Apr. 19 18
Apr. 12105
May 19 10354
Apr. 10 3394

99

5

IF

Jan.

-

8

147

794 Sale
95

1194 Jan.

294 Jan.
2094 Jan.
3 94 Jan.
1694 Jan.

ii*
3

Jan.

1094 Sept.

1594 Dec. 15
109s Dec. 14
Sept.12
Aug. 14
25
Aug.
4
2294 Sept. 11
3354 Sept. 27
3794 Sept. 5
14194 July 27

2354 Aug.
12994 Sept.
42
May
2494 Jan.
1494 Apr.
10
Apr.
94 Apr.
9
Apr.
3
Apr.
11
Apr.

15

55

Jan.

8

1694 Apr.

2

29
12

95

93 %

8

1694 Jan.

Sale

Sale

Jan.
Jan.
Jan.
Jan.

3054 Jan.

60

Sale

Sale

5

1854
15 2754
6
2994
15 13694

Sale

12194

8

5

Jan.

10
1054 Jan.
25 110
Jan.

Sale

13

15

14

3154 Jan.

1694 Sale
12
1194

AW
105

91

94

894 Jan.

Jan.

Sale

1494

294

15

108

Sale

99

87

67

"32"

1194 Sale
22* Sale

87

1394
53

219s

7% Jan.

Sale

130

Preferred

Jan.

140

Sale
73 %

5

Jan.

108

!594

*

Jones & Laugh Steel pref. .100
Kalamazoo Stove & Furn Co 10

Sale

43
14

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

15

109

107

55

Interstate Department Stores *
Preferred
10

Intertype Corp—
Island Creek Coal
$6 preferred—
810

87

91

88

2054
6654
2454
9494
354
7194
194

Jan.

Sale

Tel

794

17
15

>1

43^
Sale

&

150

794

Jan.

2

394 Jan.
294 Jan.

Jan.
Jan.

Jan.
Jan.
Jan.

*

Tele

Sale

27

42

16 94
6394
2154
9194
394

14% Sale
>694 Sale
494 Sale

100

7% preferred
International

.3554

2
22

50

*
*
50

International Silver

3194

29

13J4 Jan.
3
669-4 Mar. 11
2494 Jan.
5
47
Mar.
7
354 Mar. 14
294 Jan.
4
86
Nov. 29
2454 Jan.
4
Apr.
7494 Mar. 16
Apr.
3854 Jan.
3
Apr.
Nov. 10 10954 Jan.
5
June 30
554 Sept. 27
80
Mar.
Dec. 13
3
194 Nov. 6
Aug. 18

694 Aug. 24
Sept.
Sept.
34
May 17
294 Jan. 23
194 Apr.
70
Jan.

1954 Jan.

Sale
Sale

'

International Shoe

Sale

5694 Jan.

15

134%

1,162,800 International Paper & Power 15
5% conv preferred
100
810,900
52,320 Internatl Rys of Cent Arner..*
5% preferred
100
26,650
19,900
49,800
33,900
6,820
1,461,100
224,800
126,550
1,720
19,800
32,800

Sale
Sale

4

Jan.

9

13

Jan.

137

Sale
18
1894 Sale
18
17
1694
1594
Sale
105
10194 108
103
10294 10394 102

135

JY*
Sale

Sale

2794

3 4"

Sale

10694
1
11% Sale
25 109% 111
100
159 %

140,900 Hercules Powder....-------*
6,870
6% preferred
100
13,600 Hershey Chocolate—
*
$4 conv preferred
12,400
*
5,500 Hinde & Dauch Paper Co—10
130,300 Holland Furnace (Del)
10
51,500 Hollander (A) & Son
5
113,500 Holly Sugar Corp
*
490
7% preferred
100
257,700 Homestake Mining.12-60
17,000 Houdaille-Hershey class A—*
Class B
*
318,000

9,200

17%

24

1394 Sale
23 94 Sale
2754 Sale

60

Sale

Sale

Hanna (M A) Co $5 pref—
Harbison Walker Rerrac—---*

25

Sale

Sale

s*
20

33
32%
11% Sale

6% preferred

Sale

140

134
45

40

Sale

2394

24

17

794

Sale

25
10

-

794

Sale

2494

7 94 Jan.

4794 Jan.

194 Sale

16

3094

.

69

3394

18%

31

-

394 Sale
67

Highest
Sale Prtces

67

87

Sale

18%
26

Sale

.

9494
3%

Lowest
Sale Prices

294 Jan.
8794 Jan.

1794 Sale
64
6394
2294 Sale
92
9294

1494 Sale
954 Sale
Sale
14

21

Preferred A...

Sale

Highest
Sate Prices

38 94 Jan.
2 94 Jan.

43

85

66

1454 Sale
994 Sale

30

Hall Printing
Hamilton Watch

88
Sale

794 Sale

Lowest

294 Sale
294 Sale

% Sale

25

Hackensack Water

42

Sale

69

68

394
1794

9,300
1,710
197,500
6,900
1,430
2,890
113,700

1,100

82,200
1,100
63,700
64,600
7,400
2,530

83%
1994
04%
2394
9294
394

7% Sale

*

*
-.10
preferred
20
North Iron Ore Prop—*
Northern pref
*
West Sugar
*
-

2%

Sale

24% Sale
6494 Sale
3854 Sale

51

193,900 Guantanamo Sugar..
*
4,425
8% preferred
100
14,100 Gulf Mobile & Northern.-.100
26,100
6% preferred
100

190

1939

Sale Prices

Ask

754 Sale
5494
5694
1794
3-794

1794 Sale
38% Sale
2% Sale

Grand Union Co (The)—
With div certifs

Great

Sale

Sale

1
Co.—100
Goodrich (BF)
*
$5 preferred
*
Goodyear T & R
*
$5 preferred
--*
Gotham Silk Hosiery
*

5%

8%

IV*
60
2354

Goebel Brewing Co
Gold & Stock Teleg

Preferred

Jan. 31

Ask Bid

Bid

*
*
-50

136 Green Bay & Western RR.100
193,800 Green (HL) Co.
1
1,471,400 Greyhound Corp (The)
*
87,000
594 % preferred
10

5,000
€8,700

Ask

,1

$6 preferred
Glidclen Co (The)
Gobel

Bid

Graham-Paige Motors
1
Granby Consolidated Mining
260,600
Smelting & Power Ltd
5

1,800
1,800
63,500
87,900
14,700
254,700
1,278,500
173,700
5,390

YEAR

1939

Shares

17.200
3,500
17,700
2,000
10,200
7,400

RANGE FOR

Jan. 3

N. Y. STOCK EXCHANGE

1939

Shares

PRICES IN JANUARY

Price

STOCKS

12 Months

794 Apr. 10
5
Aug. 24
79

June 21

87

June

1054 Jan.

9
5

3254 Sept. 12
Mar.

9

Oct. 21
8994 Dec. 29
J an.
105
3
June
133
9

83
Sept. 27
7
1994 Jan.

12154 Jan.
11% Jan.
24
Sept.
1654 Nov.
9994 Jan.
18
July
10094 Dec.

20
4

27
17
17

28
14

1454 Mar. 8
1094 Mar. 8<
Sept. 21

99

N. Y. STOCK EXCHANGE—STOCKS

36

II

AGGREGATE
SALES

STOCKS

In

N. Y. STOCK

12 Months

January

EXCHANGE

11,500
7,130
97,700
9,500
220,600
71,700
2,030
203,600
297.600
103,300
254,100
50,900
29,900
304,200
109,800
28,300
33,100
166.400
10,500
8,100
95,800
43,300
56,500
107.400
82.100
533,800

Jan. 31

Jan. 2
Par
_♦

Shares

107,200
30,600
37,700
12,270
281,800
11,100
38,700
515,225

Bid

Sale
Sale

Sale

Sale

Sale

Sale

Sale
Sale

Sale

7% Jan.
143* Jan.
15% Jan.

22

Sale

iIH

Sale

Sale

Sale
Sale
Sale

Sale

13 X
28 X

3
21
13

Sale

Sale

5

Sale

com—25

Sale

Sale

Sale

Sale
10834
178X 175
18 X
19X

*
7
-25
100

175
18
Sale

Lily Tulip Cup Corp

Co
*
Liquid Carbonic Corp
*
Lockheed Aircraft Corp——1

Sale

25

Sale

37
12 J*

Sale

Sale
Sale

im
30%
35%
107 X

Lion Oil Refining

18 54

* ~54~~ Sale"

Sale

109
$6 50 preferred* 105
8 M Sale,
——------1
4.240,600 Loft Inc
60 34 Sale
190,000 Lone Star Cement Corp
4 34 Sale
124,600 Long Bell Lumber A
19
Sale
45.400 Loose-Wiles Biscuit-—.—-25
106
2,750
5% preferred
---100 99
249,400 Lorillard (P) common
-10 2134 Sale
Sale
Preferred
----100
9,330
Sale
56,200 Louisville Gas & Elec A—--*
Sale
83,100 Louisville & Nashville---—100

Sale

Loew's Inc

107

Sale

*

Link Belt Co

2654
48X
6%
41X

Sale

Works

Sale.
Sale
Sale

Sale

110
Sale
Sale

Sale
Sale

28

Sale

Jan.
Jan.
Jan.
Jan.

1

Jan.

16
16

3X Jan.

15

16

21

Sale

Jan.

106

1834 Jan.. -~2

107 H

Sale

24X
158
1934
58X

Sale
Sale

Sale
60

Sale

"5334

3%
16%
10734
23%
153 X
19%
5534

Sale

63
164
49 X Sale

Sale

136,600
22,200
175,800
217,700
119,500
2,220
116,400
1,160
2,900
4,900
98,600
28,850
11,120
73,800
332,700
196,500
139.900
7,110
93,800
3.750
209.900
13,300
58,300
110,000
266.800
36,100
86,500
81,800
142,300
5,070
5,410

$6 preferred

series A—

*

35.50 pref ser B with warr--*
Melville Shoe Corp.——.—.1

Mengel Co
-1
5% conv 1st preferred
50
Merch & Min Transp Co—*
Mesta Machine Co—
5
Miami

-5

Copper

Petroleum—10
Midland Steel Products
*
8 % 1st preferred
100
Min-Honeywell Regulator Co_ *
4% conv preferred ser B--100

Mid-Continent

Minn Moline Power

Implem—1

$6.50 preferred--

—*
—*

Mission Corp.---Mo-Kan-Texas

7% preferred series A

*

100
—100

Sale

.2534
15
4634
4
Jan. 15
Jan. 30 1854
Jan. 31 109
Jan. 15 25
Jan. 12 158
Jan. 18 2134
Jan. 22 60

2534 Sept.

5
1134 Sept.
2534 Apr. 11
4
Apr.
1
5
Apr.
1
9
Apr.
27
Nov. 14
6
5
Apr.
1254 Oct. 23
8
10
Apr.
8
1
Apr.
10
434 Apr.
354 Aug. 24
954 Apr. 10

3

16

Jan.
Jan.

2

1634
134
534
454

Jan.
Jan.
Jan.
Jan.

5X Sale
29
93
12 X

32
Sale

Sale
1054 Sale

89

92

Sale

Sale

Sale

3734

Sale

2654

105

1534

Sale

Sale

110
25

31

23

24
26
26
7
3
5

10

4

15
15

16

11 101

Jan.

2

Apr. 25
Feb.

3

2634 Aug. 24
2
May 12

8

30

9

13

1634 Jan.
1634 Jan.

13
27

2454 Dec.

4

10954

31

354 Sept.
93

4

15

17

8

Jan.

3

1554
534

Jan.

31

39

Sale

Sale

10% Jan.
834 Jan.

15

11X Sale

Sale

Jan.
Jan.
Jan.
Jan.
Jan.

3

Sale
Sale
95

4734
1234
934
10234
1154

67
51

70
66 X

Sale

Sale

101
Sale

70

Sale

63 K
Sale

Sale

6X
26 X

Sale

Sale

Sale

27

Sale

Sale

1534

58

15X

1834

39
12

Sale
Sale

Sale
Sale

Sale

16 X
28 X

Sale

Sale

Sale

Sale

Sale

85 X

LOS

Jan.

2

10

Jan.

12

15

31

Jan.

4

25

10J4 Jan.
1654 Jan.

3

15

37

Jan.

4

634
1134
1854

25 11654 Jan.
22
5334 Jan.
4 110
Jan.

2

101

8

4434
10334

111

108

11034

Sale

Sale

106

Sale

Sale

Sale

Sale

Sale

Sale

Sale
Sale
Sale

Sale

Sale

Sale

17

Sale

Sale

104

115X

118

Sale

120
Sale

Jan.
117X 117
Jan.
12134 120
Sale
5054 Jan.

4434
36

Sale

45
Sale

Sale

Sale

Sale

Sale

Sale

Sale

Sale

3

Jan. 29
Jan. 16
2
Jan.
Jan. 25
Jan. 22
% Jan. 22
34 Jan. 18

354
3734
9%
X
334

934 Sale
X Sale

Sale

Jan.
Jan.

4

15
6

2834 Jan.
1034 Jan.
1554 Jan.

20

29

2

12

Sale
Sale

24

Jan.

Sale

4

Jan.

30

Sale

3054 Jan.

31

—
*
19,400 Munsingwear
-—*
23,400 Murphy Co (G C)
5% preferred
—100
2.220
10
267,800 Murray Corp of America
*
9,000 Myers (F E) & Bros——

109

Sale

Sale

Sale

52X

11X
6934

52

Sale

10i!I
50X

69
Sale
Sale

51

10

Jan.

6754 Jan.
10934 Jan.
534 Jan.
5054 Jan

22

2

20
6

3

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

8

12134 r Jan.
56
Jan.
4434 Jan
3034 Jan.
1254 Jan.
1654 Jan.
26J4 Jan.
5

Jan

3534" Jan.
1134 Jan.

23
69
Jan.
31 110
Jan.
13
654 Jan.
29

5

Jan.

16 118

Jan.

44

5

454 Jan.
42

1054
134
454
54
X
15
1954
15 10954

Sale

12 X

10

27

Jan.
Jan.

10

Jan.

3934
2834

29

Jan.

Sale

.8

Jan.

49

Sale

Jan.
Jan.
Jan.

8% Jan.
13% Jan.
3334 Jan.
Ill

Sale

30

12

28

Sale

"29 "5834 Jan. "29

26

Sale

68

6

Jan.

5

Sale

Sale

88

6

2134 Jan.
1434 Jan.

Sale

6X Sale
56
1454
14X
2X Sale

11

3154
634
2554
16J4

Sale

53

4

854
654

56

5834 Jan.
29% Jan

Sale

10754 109

26

99

9

67

50 X

43 3

19
40

Sept.
654 Sept.

Jan.

8
1

30

51

Jan

2
3

8
3
4

5
8

30
3
6

30
3
11
9

3
2
3
4

15
3
12

3
14

II54

Aug.
July
Aug.
Dec.
July
Aug.
Sept.
Apr.
Apr.
Apr.
Apr.
Apr.
Sept.
Sept.

254 Sept.
36

Sept.
854 Aug.
1
Aug.
254 Aug.
54 July
54 Dec.
1054 Apr.
8554 Apr.
110
Sept.
112
Sept.
4034 Apr.
3134 Aug.
2234 Sept.
934 Apr.
10
Apr.
1634 Apr.
334 Aug.
30
Apr.
9
Sept.
50
Apr.

23
13

27

2

-----

5
6

4
Nov. 22

29

Nov. 22

XgK

Nov. 24

16

Oct.

Nov. 22

23

234 Sept. 6
554 Sept.13

i?B

Mar.

9

Nov,

8

4554 Nov.

4

834 Dec. 30
3

6734 Jan.

3754 Sept.
July
5354 Oct.
654 Mar.
3634 Mar.

9
3 105

1534
1754
Jan. 13 10834
Apr. 28 2534
10
Sept. 1
59
Sept. 19
18
11
Apr.
10
Aug. 25
Jan.

1
25

754 Oct.

13 101
14

13
11
27
10

10

June 24

Dec.

x45

2534 Jan.

9

Nov. 17
23
Feb.
6
Jan.
3

Aug.

z22% Jan.
7% Jan

Sale

Aug.

1034 Apr. 11
954 Jan. 26

Sale

Sale
10X
Sale

5

4

335* Oct.

Nov. 17 176

4054 Apr.

8

5

2054 Aug. 11
155

4
11

Sale

9X
53 X
18
9
82

2

.

Sept.

35

2 135

Aug. 24

8
Sale

20 X

June

88

14% Jan.
14X Jan.

Sale




27

Jan. 16 3154 Jan.
6 16234 Jan.
Jan.
Jan. 23 5334 Jan.
3% Jan.
Jan. 22
9
2734 Jan.
Jan.

31

Sale

40.

2

2

Jan.

98

5

13

8

Jan.
15
4154 Jan.
1034 Jan.
40X Jan.

13
Jan.
3534 Jan.
7% Jan.
36% Jan.

28X
16134
50%
3X
3%
27
26X

100
Sale

6 110

4

16

Sale

Jan.

4

5

IIM Jan.

5

=

19

2

Dec

17
6
.Mar, 31 ,2154 July. 22
Jan.
5
3834 Sept. 5 62
2
634 Sept.11
Aug. 11
1634 Sept. 12 2234 Mar. 9

18

3

Jan.

29 10934 July

28

Jan.

Sale

12

124

Jan.

Sale

20

3

14% Jan.
1434 Jan.
1534 Jan.
134 Jan.
4% Jan
3% Jan.

Sale

19

3

28

Mar. 13

1834 Sept.

27

27

i?*

8
2454 Feb.
Sept.,16 15934 June
4
2034 Mar.
1554 Jan.
67
8
Sept.
3634 Apr.

Jan.

27

Sale

10
Sept. 5
4334 Aug. 14
3
3
10954 Aug.
180
May 26
19
Nov. 13
Sept. 27

29

Jan.

23

5
Nov. 18

Mar. 13
Mar. 13

24

13434 Jan.

9

Jan.

138

Jan.

Sale

Sale

9

12

15

18

Oct. 11
Mar.
8
Mar. 16

1934 Apr.

Jan.

Sale

IX

11

Sept. 15
Apr. 10

105

Jan.

29

16

2754
1354
3254
5654

10

30

35

July

Sept. 11

1

10
10

Jan.

16

20
20
9

10

Jan.

34% Jan.
133
24

1
91,400 Mueller Brass Co
112.400 Mull ins Mfg Corp class B——1
$7 conv preferred
*
12,290

For footnotes see page

-Jan.
Jan.

Mar.

Sept. 26 10834 Aug.

Aug.
1334 June
2954 Dec
3034 Sept.
10154 Sept.

Jan.

Jan.
Jan.

Dec. 29 118
1
654 Sept. 27
3
334 Sept. 11

9534 Sept. 26

Jan.-. 31
Jan.
2

28

Sale

25

10

7

Sale

3754

1

Jan.

Sale
7

■AH
Sale

8

Jan.

Sale

Sale

2954 July 24
54
2954 Oct. 24

2054 Aug. 24
3134 Apr. 11

27X Jan.
11% Jan.
3334 Jan.
2% Jan.
6% Jan.

14 X

.

8

152
15

Sale

15X

265
Aug.
1
534 Jan. 16

1

Jan.
Jan.
Jan.
Jan.

Jan.

19

Oct.

26

95

Jan.

Sept. 11

Apr.

Jan.

Jan.

Dec. 30

4
30 J

27

334 Apr.

Jan.
Jan.

Jan

38

1334
2334
1834
554

Jan.

112

Jan.
Jan.

4634 Sept. 11
Sept. 11
16;

Jan.

14

234 Sept.
34 May
134 Apr.
20
Sept.
954 Apr.
23
Apr.
3634 Apr.
434 Apr.
33
Sept.

2854 Jan.
3051 Jan.
1254 Jan.
3554 Jan.
334 Jan.
654 Jan.
3054 Jan.
3034 Jan.

12X

8
11
8
11
10
8
29
13
11

7
Apr.
1234 Sept.

25
17

•

Sale

^Missouri Pacific
Convertible preferred
2
100
Mohawk Carpet Mills.--—20
17
Monsanto Chemical Wks_.—10
111
$4-50 preferred
—* 115

Preferred series B
*
*
1,791,100 Montgomery Ward & Co
*
8,200 Morrell (J) &Co——
---50
15,410 Morris & Essex
141,600 Motor Products..-———.5
107.400 Motor Wheel

Sale

140
Sale

Sale

5
5
11
17

Jan.

42 X Jan.

3X

Sale

Sale

31

Jan.

4
Jan
154 J an

3

Sale

35X Sale

McCrory Stores
--1
6% conv preferred
.-100
McGraw Electric Co
—1
McGraw Hill Publ Co—-—*
Mclntyre Porcupine Mines—-6
McKeesport Tin Plate—-—.10
McLellan Stores Co—-—--1
6% conv preferred
100
Mead Corp
*

31 115

Sale

100
10
*
*
*
*

4,900

15
25

13
1234 Jan. 12
27
2654 Jan. 18 29
48 54
48 X Jan. 15
5354
Sale
754
634 Jan. 12
42 K
2
4234
41X Jan.
Sale
105% Jan. 15 108
Sale
2 10854
10654 Jan.
Sale
175
Jan- 31 17854
20
4
19
Jan.
2034
25
Jan. 22
25X
2934
Sale
36% Jan. 18
Sale
2
11% Jan.
Sale
2
1534 Jan.
Sale
28% Jan. 15
Sale
3354 Jan. 15

Sale

8

24

2354 Jan.

3X
Sale

iii
xP Q17^

Sale

20

3

454 Jan.

Jan.

Sale

Works—--*

$6 1st preferred
McCall Corp

Jan.
Jan.
Jan.
Jan.

Jan.

1234 Sale
1 34 Sale
534 Sale
7
Sale
12 54 Sale
36
Sale
554 Sale
57 X Sale

7 % preferred
May Department Stores
Maytag Co (The)
$3 preferred

2

1854 Jan.
1654
534
3554
2334

5

134 X
Sale

—

Mathieson Alkali

2

Apr.
854 Apr.
Apr.
154 Apr.
1234 Apr.
20
Apr.
354 Dec.
2354 Sept.
2034 Apr.

3

2934 Jan.
2934 Jan.
934 Jan.

13

28

3

24

Jan

31%
2154
10934
334

5X
32X
Sale

17,400 MacAndrews & Forbes Co.-10
520
6% preferred
100
*
303.900 Mack Truck Inc
283,000 Macy (R H) Co Inc..
*
38.800 Madison Square Garden
-*
58,800 Magma Copper
...-10
1
216,200 Manati Sugar Co------*
9,500 Mandel Bros
16,290 JManhafn Ry Co 7% guar. 100
90
7% gtd certifs of deposits
Modified 5% guaranteed 100
357,200
Certificates of deposit
-26,600
—25
20,000 Manhattan Shirt
53,000 Maracaibo Oil Explor———-1
416,000 Marine Midland Corp.-T----5
17,470 Market Street Ry prior pref 100
—-*
518,600 Marshall Field & Co
1
1,778,400 Martin (Glenn L) Co—
—*
120,500 Martin Parry Corp
—*
97,100 Masonite Corp--179,200
1,200
103,800
50,600
15,000
2,320
69,200
354,600

3834 Jan
1434 Jan.
39
Jan.
254 Jan.

Sale

J'A

32

22 X
22X
114X 110X
Sale
3X

Sale

Sale

Sale

Highest
Sale Prices

2534 Jan.

19

Sale

—

4%
28%

Lowest
Sale Prices

31

26

Sale

Series B

Sale

,

Jan.

32
Sale

Glass

2%
Sale

Jan.

Jan.
2% Jan.
2554 Jan.
24X Jan.

28 X Jan.

118
Sale

Lehigh Portland Cement— -25
4% convpreferred-100
Lehigh Valley.-50
Lehigh Valley Coal—
-*
6% convpreferred---—-50
Lehman Corp. (The) _ _
1
Lehn & Fink ProductJ Corp—5
Lerner Stores Corp
*

Lima Locomotive

13 %

35

Sale

Libby McNeill & Libby
Life Savers Corp

Highest

2854 Sale

*
*
-5

Lane Bryant-Lee Rubber & Tire

Preferred

Sale
Sale

28

100

Liggett & Myers Tob

Sale

M
P

.-—-100

Lib bey-Owens-Ford

1939

Sale Prices

Lowest

Sale Prices
35
Jan, 15

35%

'

5% preferred
Lambert Co (The).

Ask

35
13 X

Kennecott Copper
Keystone Steel & Wire Co "II*
♦
Kimberly-ClarkIIIi
Kinney (G 14)
*
$5 prior preferred
:iio
Kresge (S S) Co
_.i
Kresge Department Stores.
*
Kress (S 11) & Co
Kroger Grocery & Baking

Laclede Gas Light

YEAR

1939

1939
2,047,500

RANGE FOR

PRICES IN JANUARY

Price
Jan. 3

9

Nov. 20

18

Dec

14

Jan.
Jan.

15

5

Sept. 12
Oct.
Nov.

26
8

23
6

73

28

63

26

3054 Dec. 30

7

24
2
8

10
10
8

o

§8

Sept. 26
Nov.
2
Nov. 10
Jan.

40

Dec.

11 12034 Nov.
11
8534 Jan.
25 114

1
1

3

9
2834 Jan.
2134 Sept. 27
4
3934 Jan.
Sept. 5
Sept. 5

bIh

19
4
4

July 25
Jan.

3

Mar. 10

21

Jan.

5

24

Jan.

4

24

Jan.

5

8

20

Vti

Sept. 27
234 Sept. 27

21
11
Oct. 25
10 11454 Sept.11
7 121
May
5

7 12234 May 24
Oct. 26
47
Sept. 11

11

28
1

10

Mar. 13
Jan.
5

10

17H Oct. 26

11

30

24
8
1

4434
1454
8
7034
105
Sept. 25 11134
4
Aug. 24
4334 Sept. 2

Jan.

3

Jan.
3
Mar. 13

Sept. 22
Dec. 27
Nov. 21
Jan.
5
Dec.

5

FEB., 1940]

N. Y. STOCK

AGGREGATE
SALES
In

January;

600

1,800
600

800

13,800
4,500
35,900
750
690

5,100
3,300
20,300
1,800
24,500
400

26,500
500

660

8,900
24,900
14,600
17,100
2,610
2,600
200

2,300
2,200
600
300

1,300
140

13,000
4,300
135,900
5,200
12,900
3,200
500
400

60

459",300

^

-

84,600
3,826.100
188,100
411,300
165,000
46,120
26,770
1,630
50

"""210

1,820
223,900
136,300
29,000
252,800
5,290
2,700
52,800
4,830

10,300

9,400
1,200
28,300
680

800

3,900
180

92,200
2,100
3,800
108,100
100

40,900
1,200
660

5,900
20

1,047,700
21,300
3,410
225,800
2,330
706,700
168,500
253,100
3,750
30,300
288,600
2,490
527,200
11,800
13,800
1,010

570

1.200

11,200
280

15,300
100

2,100
40

18,400

1,400
16,800
6,200
5,500
540
100

10,000
3,000
67,200
37.600
1,600
5,100
1,200
90

63,200
1,600
4,500
400

11,000
9,200
19,500
1,200
30,100
7,200
3,900
17,400
4,800
2,800
300
500

100

111,600
300

3,400
600

1,100
1,810
3,920
300

6,100
14.000

39,100
5,700
1,000
7,900

Sale

21

15

National Biscuit
10
7 % preferred
100
Nat Bond & Investment Co__*

170

5% pref series A

Sale
Sale

153^

100

100

National Bond & Share Corp.*
National Cash Register
*
National Cylinder Gas Co
1

24

Sale

Corp
* "13% Sale'
7% preferred class A—..100 115%
7% preferred class JB
100 110
Sale
National Dept Stores
•*-*
7% Sale
6% preferred
10
4%
5%
National Distillers Products—*
27% Sale
Nat Enamel & Stamping
*
18
20%
National Gypsum Co
1
16% Sale
$4.50 conv preferred
*
National Dairy Prod

National Lead

10

-

National Power &

Light:—

4 %%

Sale
Sale

New York Central

*

Sale

N Y Chicago & St

Louis..-100

Sale

6% preferred series A
100
City Omnibus Corp.——*
New York Dock
-—100

Sale

18,880
11,370
21,480
18,800
347,600
106,100
98,600
5,460
2,640
18,600
52,800
1,404,400
260,700
8,800
228,300
17,900
1,060
1,461,400
28,600
137,000
6,300
299,300
100,400
59,200
39,800
727,500
159,800
24,400
232.300
35,900
112,400
25,600
17,600

Sale-

AA

-.100

10% preferred
N Y Lack & West

Sale

50

115
123

50
Ry Co—100

57%

JN Y N H & Hartford
100
Convertible preferred
100
tN Y Ontario & Western.-100
N Y Shipbuilding pt stock
1
7 % preferred..
100
Noblitt-Sparks Indus Inc
5
100
100
10

Norfolk & Western
Preferred

50
50

-

Northern Pacific

1

50
100

North States Pow Co $5 pref.*
Northwestern Telegraph
50
Nor walk Tire & Rubber.... _♦

Preferred

.—60

...

Ohio Oil Co (The)
Oliver Farm Equipment.—
Omnibus Corp

100
*
*

Otis Elevator

100

6% preferredOtis Steel

*

conv

1st preferred

*
5

Outboard Marine & Mfg..
Outlet Co

*

Pacific Coast
1st

2d

preferred
preferred

10

.....

*
Corp (Calif). 10

Pacific Finance
Pacific Gas & Electric
Pacific Lighting Corp

25

Sale*

*

56%

82

27

33

Sale
32%
35%
4%

9%
17%
105

Sale
Sale

Sale
106

8% Sale
26% Sale
130% 142
14% Sale
51%
52%
21%
22%
40%
45%
114%
70
Sale
6 % Sale

Penn Glass Sand

121%
148% Sale

Peoria

&




31
4

96

15

27

Jan.

4

8

jan.

27
22

8% Jan.
73% Jan.
9% Jan.

3

15

113% Jan.

4

8%

Sale

65% Sale
8% Sale

63% Jan.
8% Jan.

19

3
4

Jan.

24

42% Jan.

4

3% Jan.

9%
25%

3% Jan.
9% Jan.

17
19

10

Jan.

12

10% Jan.
25% Jan.

29

24

83

85

83

Jan.

26

85

Jan.

31

3

110

110

50

"52%
Sale

1%

Sale

13%

Sale

%
92

94

32

54
51%
% Sale
1% Sale
%
%
14

92%
27%

5

42%

Sale

213

111% 113% 111% Jan.
21% Jan.
21% Sale

215

Jan.

44%

15*

Jan.

9

97

Jan.

10

15

30% Jan.

9

22 219

Jan.

3

4 113

Jan.

26
8

56% Sale
24% Sale

56% Jan.
22% Jan.

26

58

Jan.

10

15

26% Jan.

3

89

88

Jan.

22

4

42

10

27%

128
150
7

6%
23%

12%
Sale
Sale
Sale
132

Sale

57

Sale

44%

4

Jan.

42% Jan.

Sale

Sale^
Sale

7%

Sale
Sale

9%

Sale
Sale

Sale

Sale

Sale

3% Sale
23

25

13

16%

118%
23* Sale"
37

37
Sale

100
...100
100

33

Sale

100

27

Sale

3%
11%

20%
8

6

12%
11%
34

47%
13%
130%

22%
8%

6%
6%
40% Sale
43

31
12

5% Jan.
42% Jan.

3
12

2

7% Jan.

3

44

83

%

3

20

22

Jan.

4

13

14% Jan.

8

22 105

Jan.

4

24

5% Jan.

18

18% Jan.

4
4

10

Jan.

41

5

55

11

41

19

29% Jan.

55

22

55

Jan,

22

17 120

Jan.

17
6

Jan.

Jan.

Sale

23
Sale

AA
Sale
Sale
Sale
Sale

3

Jan.

26% Jan.

20

15
2
12

Jan.

11
4

64% Jan.
6% Jan.

10
6

6% Jan.

Jan.

17

Jan.

18
16

12% Jan.

4

Jan.

4

15

34% Jan.

3

11

Jan.

32% Jan.
47% Jan.
Jan.

31
23

130% Jan.

16

12

152% 152
6%
6% Sale
Sale
7%
3%
3* Sale
17
17% Sale
7
6%
aa
Sale
%

Jan.

30

Jan.

12

Jan.

13
16

Jan.
Jan.

12
50

Jan.

12

1

16% Jan.
132% Jan.

9

Jan.

4 154

Jan.
Jan.

41% Jan.

23

7%
8%
3%
20%
7%

24

Jan.
Jan.

4
4

2

Jan.
Jan.
Jan.

3

3

1

Jan.

10
2

12

42

Jan.

4

101% Jan.

25

95
7

101

100

Jan.

18

Sale

7

Jan.

15

8% Jan.

4

83%

90
Sale

85

Jan.

2

87% Jan.
9% Jan.

4

18

17

17

Jan.

9

5

9

17

1%
43%
21%
1%
10%
5%
55%
89%
3

21*
i!3o*
21%
36

35

Sale

8% Jan.

18

Jan.

9

1% Jan.

23

Sale

43

Jan.

22

Sale

18

Jan.

15

22

3

Jan.

17

Sale

17

1% Jan.

4

Sale

11

10% Jan.

30

Sale

13

1% Jan.
9% Jan.
5% Jan.
Sale
55% Jan.
Sale
89% Jan.
Sale
2% Jan.
Sale
3% Jan.
24
23% Jan.
13% Jan.
14%
118% Jan.
Sale' 21% Jan.
Sale
34% Jan.
36
35% Jan.

70

Apr.

Jan.

82

3% Jan.

5

Sale

40

Jan.

20

74% Jan.
% Jan.

26

Sale

24
15

22

Jan.

21

Jan.

14

7% Jan.
6% Jan.
35% Jan.

30

15

11

13

3

15% Sept.11

3

59% Aug.
Aug.

1
1

Nov.

4

59

,29%

8
Apr.
Aug. 24

50

3

2% Apr.

10

?7%

lty

Mar. 14

34

52

7
3

132

9

29

13
5
11% Jan.
3
4% Jan.
19% Dec. 29
Dec.

June

Apr.
9% Sept.

8% Sept. 12
2
Sept. 11
4
60% Jan.

Apr.
Sept.
92
Sept.
Sept.
72
Sept.
7% Sept.
14% Sept.
Apr.
Apr.
Apr.
Aug.
5% Apr.

35**

104

Feb.

14% Jan.

107%

Jan.

13% Jan.
26

Jan.

14
4
4
5
5

Sept. 6
Sept. 11
21

Sept. 25

2% Feb. 25
July 27

13%
11%
59%
94%

*5% Dec.
Apr.
Apr.
% Apr.

15

June

1.56% July

Dec.

5

Sept. 27
Mar. 10
~ Oct. 10

21% Sept.15

9% Apr.
Apr.
128
Sept.
6% Dec.
114

17

Mar.
Dec.

1

29

Aug.
2
Sept. 12
Sept. 15
Mar.
Dec.

8

23

Mar. 15

27% Sept. 27
39% July 18
Oct. 23
45

Aug.

24

Feb.

11

Nov. 13

27% Apr.
41
Apr.

4

Jan.

3

Sept. 13

Nov. 13

27

2

Jan.

153
12!

33

4

6

25*

June 30

June 29
8
9% Apr.

124

31

Jan.

30

120% June

4

8
3

2

5

25

Nov.

4

14

5

2% Aug.
17% Aug.
11% Sept.

8% Jan.
8% Jan.
40% Jan.

Dec.
Oct.

Aug.

5

4

Jan.

10% Sept.

Jan.
Jan.
Jan.
Jan.
Jan.

9

Nov. 10

89

12
20% Mar. 3
Sept. 5
100% Sent. 23 113% May 25
4
8% Jan.
4% Aug. 21
3
15% Sept. 1 27% Jan.
2 148% July 26
128
Oct.
Sept.11
7% Apr. 10 16
33
July 11 55% Sept.13
26% Dec. 29
16% Apr. 10
Dec. 28
54
40% Jan. 24
Dec.
1
114% Jan. 26 120

8

3

8

1% Sept.26

3

Jan.
Jan.
Jan.
Jan.
21 % Jan.

1
7

5% Sept.27
1% Sept. 12
17
Sept. 13
7
94% Dec.
33% Dec. 11

Jan.

4%
12%
36%
28%

47
85

43% Feb. 25
10% Sept. 11

June 30

Aug. 14
14% Sept. 1

4

Jan.

8

6

4% Jan.
3% Jan.

76%
%

10

Sept. 14
Sept, 21
23% Sept. 27
25% Sept. 27
45% Sept. 27

14%
Sept. 13 113
40
1
29
Sept.
6%
2% Apr. 10
1
44%
32% Apr.
7

74

3

Feb.
June
Aug. 21
July 27
June 22

11*
62

100

48

16%
5 118%
15
24%
12
36%
38%

4

3

Jan.

52% Sept. 7
50% Sept. 6
12% Apr. 11

2

30% Jan.

27% Jan.

Nov. 20
25 217
June 14
103% Sept. 8 113
18% Apr. 11 26% Feb. 27

5

24

10

Nov. 16 118% Mar.
Mar.
May 16 120
Mar.
62
8

31% Dec. 21

Jan.

25

4

Jan.

July

168

Jan.

2

Apr. 11
Apr. 28
1
Sept.
Apr. 10
Apr. -8
8
Apr.
May 20
1
July

j»8

62% Jan.

22

Jan.

Mar. 10

8 106

% Dec. 28
1% Dec. 27
May 23
June 30

95

35%

79

47

31
23

Nov. 28
May
1
Sept. 13
Jan.
5
Sept. 26
Aug. 3
Jan.
5
Mar. 27
Oct. 26
Feb. 17

16% Jan.

8% Sept. 15 11%
29%
18% Apr. 11
87%
73% Mar. 14
32
Apr.
8 42
105% Sept. 19 112%

31

7

17

4
Sept. 25 173% Aug.
Feb.
6
11 145
35% Sept. 27
11
Aug. 15
8 10
82
Sept. 11
52
July
1
3
5% Aug. 24 15% Jan.
20
Jan.
10
Apr.
8
33% July
7 59% Jan.
50% Apr.
41
Dec.
6
5% Oct.
2% Apr. 11

2

4%
12
Sale
Sale
Sale
Sale
Sale
Sale

3%
10%.
30%
22%
21%
7%
8%

4

2% Jan.
44% Jan.

Jan.

Oct.

4

10% Jan.

44

4%

12%

81%
%

3

16

40

Sale

120
Jan.
114% 120
59% Jan.
62% Sale
5% Jan.
5%
6%

22

9% Jan.

17 112% Jan.
30
34% Jan.

Sale

42

18
Sale
Sale

2%

51

89

3

11 143
Jan.
24
12% Jan.

150

"7%

11

15

Jan.

34

Sale

Jan.

25

59

Sale

12

4

23% Jan.

43
Sale
55
51%
116% 120
Sale

3

Jan.

30

40

Sale

Jan.

2*

22

27

62%
5%

9

Jan.

Sale

6% Sale
6% Jan.
6% Sale
18% Jan.
20% Sale
19* Sale
Sale
13_ Jan.
13% Sale
Sale
105
103% Sale
103% Jan.
5
Jan.
5
6%
5%
AM
16% Jan.
17% Sale
17% Sale
140
Jan.
Sale
143
rl47% Sale

6% Sale
61
59%

%

208

53% Jan.

30

5

95

29
Sale

2

23

18

1J8

Sale

Jan.

Jan.
Jan.
13% Jan.
92
Jan.
28% Jan.

Jan.

19%

*
Corp v t c..»

95
28%

5

Sale
8% Sale
7% Jan.
111
Jan.
111% 111% Sale
34% Sale
33%
34% 33% Jan.

44*

.10
*

Sale

52% Jan.

4

Mar. 11

14% Apr.
6% Apr.

119

n5*

it*

10

Sept.

5

17% June 30

41
Jan. 16
40% 41% 40
41% Jan. 25
.4
111% 109% Sale
108% Jan. 17 110
Jan.
72% 72% 72% Jan.' 29 73% Jan. 27
"12% S~a"le" 11% 12 "
Jan.118 13%" Jan. ^■3* "TO
44
Jan. 22
49%
50% 43
3
50
Jan.
27
16
Sale_
15% Jan. 22 18% Jan.
3
18% Sale
11%
Sale
20
16% Jan. 22 21 % Jan.
4
17% Sale
10%
38% Sale
31% Sale
30% Jan. 23 39
3
Jan.
18%
32
Jan. 12 "33
32%
32% 32% Sale
3
Jan.
30
5
4%
3
3%
4%
3% Jan. 12
5% Jan.
1%
7%
5
6%
6% Sale
6% Jan. 31
7% Jan.
4%
110 % 111% 115
110
107
Jan.
9 110% Jan. 13 106

85

Co.*
1

83

132

42

Sale

2.50

8% Sept.

Nov.

152

9

Sale

15
Sept. 1
Sept. 13 28%
Oct.
5 175
Apr. 26 17%
95%
87
Sept. 19
17% Apr. 25 23%
14% Dec. 18 26%
16
£8% July
7
18%
12% Jan. 13
110
Sept. 18 117%
107
Sept. 1 114
8%
4% Apr. 11
6%
4% Jan. 13
20% Sept. 1 28%
18%
10% Sept. 1

29

2

Sale

9% Jan. 20
26% Nov. 17
18% Sept. 27

7%
21 %
147%
10%

31

2

42
40%
98% 100

Petroleum Corp
Pfeiffer Brewing

For footnote* a** page 40.

Jan.

5

3

Jan.

3

*

.-5
Co
*
Phelps Dodge
25
Philadelphia Co pref 6%-.
50
$6 preferred-..
.♦
Philadelphia & Reading C & I_*

6

Jan.
Jan.

7

*

Eastern

Marquette

Prior preferred
Preferred
Pet Milk

9

15% Jan.
12% Jan.

41

19%
6%

$7 conv preferred
......*
50
1,817,000 Pennsylvania RR Co
.*
13,100 People's Drug Stores Inc
People's Gas Light & Coke. 100
88,300

Pere

Jan.

19

1%M

11%
33%
48%
14%

13
Sale

540

9,000
"25,600
28,210
39,475
7,800
102,500
45,700
853,300
31,100
4,500
290,500

25

19

10% Jan.
93% Jan.
19% Jan.

39

12
29

Penney (J C) Co
Penn Coal & Coke

15

Jan.

13

6%
22%

1

Penn-Dixie Cement-.
$7 conv pref series A

Jan.
Jan.

13

40% Sale
41
41%
3% Sale
9%
9%
23% 24

3% Sale
15% Sale
6
6%

1

Penick & Ford

6

23

Jan.

89

.1

Patino Mines & Ent Cons

30 114
Jan.
13
6% Jan.
2
6
Jan.

Jan.

87

Sale

14 J* Sale
102% 102%

100

Parmelee Transportation
Pathe Film Corp

8

Jan.

26

"15% Sale

100
10

Parker Rust Proof Co

25

3

22

58
Sale

*

Tilford

15

31

144

57

5

Park Utah Cons Mines
Parke Davis & Co

15

30

31

17% Jan.
94% Jan.
20% Jan.
16% Jan.
12% Jan.
17% Jan.
116% Jan.

Sale

Sale

1

Park &

15

Sale

m%
Sale

*

1st preferred
2d preferred

4

17

22

58

5

4% conv preferred..

24
20

148

22%

10

Paramount Pictures

Jan.

21% Jan.
12 173% Jan.
2 148% Jan.

111

57%

Sale

Ref

Jan.

14

24 % J an,
Jan.

24 167

170

110
Sale

Sale

Paraffine Cos Inc

Sale

5%

16
2

1

Aug. 23

7% Aug. 24

19% Sale
173% Sale

217

14

Panhandle Prod &

96

Sale

43

Pan American Airways Corp
Pan Amer Pet & Trans

Sale

5%
6%
23% Sale
12%
14
10% Sale

56%

193
108
23

121

Packard Motor Car

Sale
Sale

6

Sale

*

Pacific Western Oil

Sale

31%

89 %

..100
6% preferred
100
Pacific Tin Consol Corp
1

Pacific Mills
Pacific Telep & Teleg

Jan.
16
Jan.
92% Jan.

5% Sept.
14

47
Sale

Sale

Sale

28

6

(The)
8% pref series A
Oppenheim Collins & Co

$5.50

*

Sale

Jan.
165

15

7 % Jan.

22% Jan.
16% Jan.

up

N Y

New York & Harlem

Sale
170

30
13

40%

New York Air Brake.--.-—*

5% preferred

19% Jan.
13% Jan.
11% Jan.

Sale

n»

*

preferred series A

Highest
Sale Prices

Sale

9%

100
,_10
Newport Industries Inc.-.-.—1
5%

Lowest
Sale Prices

41

llH

*
—*
1

Newberry Co (J J)

Sale

Highest
Sale Prices

39

serial pref—100

conv

13%

l\'A

9

-

Sale
Sale

Sale
96

72

National Tea Co

"6%

12%

25

151,700

.

6

24%

of Pa—10
$2 conv. preferred
40
5%% prior preferred
100
6% prior preferred
--100

Neisner Bros Inc

13

24%

Lowest
Sale Prices
2
.6% Jan.

Sale
19
Jan.
19%
15
Jan.
Sale
Sale
10% Jan.
11%
16% Jan.
Sale
110% Jan.
109% Sale
109% Jan.

113

6%

Sale

14% Sale

17%
94%
94%
19%
1?% 18%
15%
15% Sale
16%
12% Sale
16% Sale
10%
115% 116% 111%
91

Ask

6% Sale
20

165

27
'25%
8% Sale

*

National Supply Co

Natomas Co

172
16

166% 172
Sale
144

100

National Steel

22%
15%

13% Sale
22% Sale
165
15

20

100

7% preferred A
6 % preferred B
Nat Mall & Steel Cast Co

90

24.900
220

Sale
Sale

Preferred
100
229,392 Owens-Illinois Glass Co..12.50
Pacific Airier Fisheries Inc.--5

10

Sale

6%

5

2,553,900 North American Aviation..
1,680 Northern Central-.

6,100
6,000

340

Nash-Kelvinator Corp

Jan. 31

Ask Bid

Bid

Nashville Chatt & St Louis. 100
National Acme
-.1
National Aviation Corp
5

1,835,200 North American Co
Preferred 6% series
55,000
Preferred 5%% series
64,600

40,600

270

Jan. 2
Ask

Newmont Mining Corp

300

YEAR 1939

1939

Par

831,400
15,810
214,900
228,900
659,700
12,600
30,900
4,000
16,400
296,500
96,200
936,500
3,230
11,800
94,100
25.300
351,600
11,100
687,900
9,400
434,500
7,110
6,850
143,000
750,200
260,800
319,500
53,100
18,890
1,220
103,300
51,400
25,700
1,300
15,900
1,730

8,300
9,800
41,900

RANGE FOR

Jan. 3

N. Y. STOCK EXCHANGE

Shares

Shares
78,500
1,890

PRICES IN JANUARY

Price

STOCKS

12 Months
1939

37

EXCHANGE-STOCKS

30% Apr.

18

5% Sept. 27
19% Sept. 27
Sept. 26
40
Sept. 26
25
Sept. 12

6% Sept. 1
5% Apr. 10
28% Apr. 11
36
Apr.
8

10% Sept. 5
8% Mar. 14
47% Sept. 12
48% Aug.
1

75

91

2

May 10
8
8
1

7% Apr.
21

Apr.
13% Sept.

17

Jan.

45

'

Jan.

4

% Jan.

4

Jan.

% July

7
29

Aug.
3
1% Sept. 11

N. Y. STOCK

EXCHANGE-STOCKS

1939

63"
21,
56,

Bid

Ask

94 %
Philip Morris & Co
10
5% conv pref series A—100 142 %
6
Phillips Jones Corp
*
30%
Preferred
100
Phillips Petroleum
* 43%
2%
Phoenix Hosiery
5
36
Preferred
100
7%
Pierce Oil 8% conv pref
100
24%
Pillsbury Flour Mills
-25
40
Pirelli Co of Italy Am sharesPitts C C & St L RR Co
100
-

100

6% preferred

20

Corp

Pitts Coke & Iron

Sale

Sale
50
Sale

3%
Sale
8

*

90%
135

26%

44%

46

5%
Sale

7%

8%

39%

8" '

7% guaranteed pref..___ 100

166

169

167

Sale

4%

Sale

Sale

55

60,
111,
105,
16,
199,
24,
18,
710,
34,
18,
251,
16,
397,
35,
19,
12,
9,

Pittsburgh Steel Co
*
7% preferred class B
100
5% preferred class A
100
5% % 1st ser conv pr pf--100
Pittsb & West Virginia
100
Pitts Y & Ash Ry Co 7 % pf-100

90,
286,
37,
109,
35,
116,
19,
18,
16,

Pond Creek

*

MPM Co.

--*

Pure Oil

6% preferred
100
5% conv preferred
100
Purity Bakeries
*
Quaker State Oil Rfg Corp. .10
Radio Corp of America
*
$5 preferred B
*
$3.50 conv 1st pref—
*

JRadio-Keith-Orpheum Corp.*
Raybestos-Manhattan
*
Rayonier Inc
1
$2 preferred
25
Reading Co
50
1st preferred
50
2d preferred
50
Real Silk Hosiery..
5
100

—

(Robt) & Co 1st pref ..100
Reliable Stores Corp
*
Reliance Mfg Co
10
Remington-Rand.
1
Reis

iReo Motor Car

—

25

w

Rensselaer & Sara RR Co..100

49

48

Jan.

Jan.
107% 111% 110
4% Jan.
5%

7%

13

5

Jan

21

Jan.

29

27

Jan

4

Sale

7% Jan.
Jan.
70

18

Jain

18

Jan

5 172% Jan
15
8% Jan

72'

70

15% Jan

4

11

% Jan
21% Jan

11

36

Jan.

65% Jan.

2

22%

Sale

32% Sale
Sale

104

112

130

135

125
141

150

152

161

114% 115%

14%

% Sale
21
20%
14
12%
10% Sale
1
%
%
11% Sale
12%
11%

44%

35

Sale

13%
Sale

Sale
c

Sale

Sale

114% 120
38% Sale
11% Sale

9 118

30

86

Sale

87

81%
13%

Sale
Sale

si*

78%
77%
14H Sale

88

2

13

15

8

Sale

Sale

0

100
Sale

100%

7

2%

Sale

0

Sale
Sale

7

3% Sale
8% Sale
5% Sale
0% Sale
4% Sale
1
51%
7%
10%
9%
10%
0%
12
6% Sale
4%
78
7
69%

60% Sale
1% Sale
19%
20%
18% Sale
28
28%
16% Sale

25*

*
*

Corp

9

11

—

Steel Corp
$5 conv preferred
Sharp & Dohme
Conv preferred series A
Shattuck (Frank G)
Sheaffer (W A) Pen Co
Shell Union Oil

Sharon

—

Conv preferred

King Coalition




__*
,*
*
*
*
*
*

100
5
*

Skelly Oil Co

10
.*

15

6% preferred

100

Sloss-Sheffield Steel & Iron. 100

$6 preferred
Smith (A O) Corp
Smith & Corona Typewr
Snider Packing.

*
10
*

Socony Vacuum Oil Co Inc..15
South Amer Gold & Plat

Greyhound L

Sugar

1

5
*
100

Sale
Sale

1
«

1^

50
Sale

8% Sale
5
5
6 %

Sale
Sale

Jan

19

12

Jan

68% Jan

22

10% Jan
53% Jan
69
Jan

2

10%
51%
64

1%

51%
9%
87%
7%
39%
52%
7%
7%
12
19
1

41%
%

2*

114

20%

IV*
70

%
4%
8
114

12

12%
Sale

,

9%

50

6%
37%
12%
105%
6%
22%
2%

0

Sale

112

0% 103
8% Sale
6% Sale
4% Sale
3% Sale
2% Sale

20%

50

Sale

66

70
Sale

15

3% Jan

31

4

40
7

Dec.

3

9

Apr.

3

9% Dec.

Mar. 15
Oct. 31

Sept. 11
Sept. 23

11%
16%
48%
25%
40%
20%

Aug.
5
Sept. 12
Sept. 12
Oct.
Oct.

Dec.

149

6
6

Sept. 15
Sept. 27

2% Sept.
Sept.
17
Sept.
16% Sept.
2% Jan.
% Jan.
16% Sept.
16% Sept.
49
Sept.
24

12

11
11
22
22
6
17

27
22
27
Dec. 30

66

143

166

Feb.

27

3
7
2
1
June 29

Aug.
Aug.
Aug.
Aug.

c

Sale

55
Sale

28% Jan.

5

Jan

2

Jan.

15

78% Jan

15

50

Jan.

27

53

Jan

7%
6%

7%
12%
19%
1%

10%
18%

12

Sale

Sale

38%

Sale

%
2%
5%

2*

Sale
Sale

Sale

2%

4

Sale

47%

22
23

1% Jan
23% Jan
92% Jan

23

76

Jan

3

Jan.

23

14% Jan

3

Sale

12

3

12% Jan

8

June

14% Jan.

Jan.

4

94

Jan

10

Jan.

87

Apr.
Sept.
July

11% Jan.

5

45

Jan.

4

58

Jan.

10% Jan.

7
7
23

Jan.
JanJan.
Jan.
Jan.
Jan.
18% Jan.

6%
39%
52%
7%
6%
10%

Sale
Sale
60

52%
Sale

Sale
Sale

1*
18%
1%
83%
15%
12%
52%
4%
50
7

37%
11%

7

Sale

2%
24

Sale

2%
22

Sale

20

16% Sale
10% Sale
20%
20%
12% Sale
2% Sale
15% Sale
7
25
25%

Jan

3

Apr.

Jan
Jan
Jan
Jan

3

42

Jan

3

May
Sept.
Sept.
Apr.
Apr.

% Jan
% Jan
2% Jan

2

Aug.
May
May
Apr.

25
15

Jan.

30
9
15

Sale

18%
Sale
Sale

Sale

13%

Jan.

113

3
19

1

29

6
4

9

4

51%
Sale
38
Sale

Sale

2%
23
Sale
Sale

2%

Sale

14%
24%

Sale

Sale
Sale

15%

5

Sept. 13
3

23

Jan.

29

Jan.

113

Oct.

22

Jan.

29

Apr.
Aug.
Sept.
Apr.
Apr.
Sept.
Sept.

116%
23
17%
76%

Sept. 22
Mar.
9

15

23

23

11

13% Jan
76% Jan
% Jan
6% Jan

23

49

3
8

11

31
2

27

Jan

4

23 115% Jan

11

Jan.
Jan.
Jan.
Jan.

31

4%
50%
6%
36%
11 %

Jan.
Jan.
Jan.
Jan.

30
19

Jan.

15

Jan

87

15

54

Jan

3
20

6
8
10

Jan.

Jan

5% Jan

Jan.

7

10% Jan. 25
52% July 31
117% May 29

5

3% Jan.

16% Jan
15
Jan

16

Aug.

21

18% Jan.

2% Jan

15

June

1
Sept. 13
3% Sept. 27
24% Sept. 12

% Jan
1% Jan
20

85%

11
9

Nov.

Sept. 14
7% Sept. 11
Oct. 30
54

7% Jan

9

11

Feb.

Jan

22

38

13% Jan
15 106% Jan
16
6% Jan

4

17

8

107

10

Aug. 29
Sept. 9
Nov. 20
Sept. 11

13
11

38

Jan.
Jan.
Jan.
Jan.
Jan.

Jan

3

2% Jan
19
22% Jan
15
22% Jan
3 103% Jan

10

Jan.

30 112

Jan.

29 112% Jan
25
17% Jan

15

24

8

2

Jan

Jan
Jan
Jan
Jan
Jan

12
4

31
2

7
3
4

Jan.

19

15% Jan.
22% Jan.
144% Jan.

22

11%
22%
12%
2%
16%

16

26

Jan

8

6 149

Jan

26

2

Sept.
Jan.

Jan
Jan

1%
80%
14%
12%

Jan.
Jan.
Jan.
Jan.

6
4
4

Jan

2

15%
10%
19%
11%

Sept.
Jan.

2% Nov.

Jan

15

Ill

15%
Sale

iT&
34

2 107
10 114

12

111

10%
22%
11%

Oct.

30 115

Jan.

109

6
4

Dec. 29

6
Sept. 14
6% Sept. 11
51% Nov. 20
109
Aug.
3

Jan.

105

Sept.

9

% Jan.

Jan.
Jan.

56

24

1

6

Sept. 16

Jan

18

21%
2%
21%
19%
99%

273

5
5

84

Jan

4

48%

60
Sale

20% Jan.
40% Jan.

June

3

20

Jan.

108

148

8%
7%
11%
20%
1%

23

2

104

15

20

44% Jan.

Sale

6% Sale
22

3

41% Jan
52% Jan

15

107% 106% 107% 105
Sale

7% Jan

2

36% Jan.
% Jan.
% Jan.

105

19%
2%

18

23

,

114

29

29

Jan.

1

Sale

Sale

3

31

Nov. 14

9% Jan.
88

Jan.
106% 104
Jan.
113% 114% 112
113% Jan.
114% Sale
Sale
Sale
19% Jan.
22%
Sale
11% Jan.
12% Sale
72
Jan.
72
76% Sale
Sale
% Jan.
%
%
6
4% Jan.
6%
6%
Sale
46% Jan.
46% Sale
Sale

Nov. 22

Apr.
Apr.
July
Aug.
July

4

1%

10

95% Dec. 15
89% Oct. 25

77

6%

14

Mar.

80%

55

Oct.

Sept. 27
5% Sept. 27
Mar. 20
54
16% Oct. 27
27

2% Nov. 4
28% Sept. 12

26

Sale

28%

75

77

51

Dec. 30

July
Apr.

23

Sale

19

28% Dec. 13
22% Sept. 27

Dec.

12

Sale

1

Jan.

Apr.

Sale

11%
93%
6%
40%
52%

Ji

Jan.

60

Sale

40

4

5
5
23% Sept. 22
67

50

12

91

8% Jan.

85% June

5

Sale

Sale

90% Mar. 29
3
81% J an.
18% July 17
Nov.
16
3

9

90%
69%

84%
53%
9%

Apr.
6% Apr.

117% Dec. 12
-41.% Sept. 27
11% Sept. 5

14% Sept. 27
5
17% Jan.
75% Mar. 15

1% Jan.
18% Jan.
79% Jan.
65
Jan.

1%

Sale

99% 103%

144

Sale

69

111

22

7%
12%

54

Sale

Sale
Sale
Sale
Sale
Sale
96%

Sale

Jan

23

30

2%
3%
1%
8%
4%

8%

26

16

9

112% Sale

1

15

12

Sale

7%

16% Jan

Sept.

.

31

6

7

28% Jan

Jan

47
104

Sale

Jan.
Jan.
Jan.
Jan.

3

Jan

9
Sale
82%

% Sale

15
13
16

Jan.

2

Jan

Sale

7% Sale
7% 48%
3
113%

Jan.

63% Jan
1 % Jan
20% Jan
19% Jan

8

3%
9%
1%

8

3

13

3

Sale

Jan.
Jan.
Jan.

Jan

40

Sale
%
Sale

7

6% Jan

15

19

9

6%
%
1 %

5% Sale
8% Sale

6

31

Sale

Ritter Dental Mfg

3

Jan.

31

81

Sale
Sale
Sale
Sale

Jan.

Jan

Jan.

29

0%
4%
7%
9%

15% Jan

12% Jan.
7% Jan.
11% Jan.
9% Jan.
50
Jan.

88

10

79

19

40

40

80

20

Sale

4

7

29

Jan.
Jan.

Sale

8

40.

Mtyr.

#22% Aug,
6% Aug.
70
Sept.
63% Aug.
10% Jan.
11
Aug.
5
Aug.
85% June
10
53% Apr.
29
1% Dec.
8
16% Apr
24
6% June
3
12% June
4
10% Apr.
18
20% Sept.
3
16
July
11
2% Dec.

12%
7%

10

1%
55
3% Sale

Jan.

32% Jan
9% Jan
88% Jan

30

Ill

40

7% preferred
100
5 %% preferred
100
Reynolds Metals Co
*
5%% conv preferred-.-.100
Reynolds Spring Co
1
Reynolds (R J) Tob cl B
10

Class A

1%
4%

Jan

16%

If*

Simonds Saw & Steel Co

tea i

20

43

9% Sale

8% preferred

30

13
8
12

Sale
Sale

South Porto Rico

12

38

3%

Sale

Southeastern

11

23

Sale

20

3

5

27

90

Simms Petroleum

15

3

25

23

21

226

9

2

3

21%
3%

72

Simmons Co

343

18

Jan

68% Jan
118% Jan
41% Jan
115% Jan
£127% Jan
142% Jan
164
Jan

Jan.
Jan..
Jan.

161

117% 118% 117%
26%
,26% Sale
Sale
8%
86
87%
77%
77%
77%
14%
15% Sale
15
15
15%
Sale
5%
75
100%
60%
63% Sale
1 %
Sale
Sale
20
19%
16
17% Sale
27
27% Sale
Sale
14%
26
25%
22
21
20%
3%
3% Sale

115% 118
31% Sale
8% Sale'

Sale

,688

42

6

Sale

162

Sale

127

16

15

Jan.

14

5

3

18

% Jan
14% Jan
14% Jan

16

Sale

53%
5%

42
20

6
4

29

75
Sale

7

Jan

12% Jan
1% Jan

Ill
Jan.
112% 111% Sale
Jan.
125% 125
125% 125
143
142
141% Jan143

Sale

1

122
7

15

12

18

41

Sale

Silver

13

39% Jan.

Sale

113

9

29

31

8

conv

-

114

2

Jan.

Sale

8

*
preferred
100
6% conv prior pf ser A. .100
Revere Copper & Brass
5
Republic Steel Corp

294

Sale

113

1

25

37

68%

Sale

*
*

245

119%
41%
114%
128%

12

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

5

147

Servel Inc

4

*31% Apr.
101% Sept.
112
Sept.
129
Apr.
147
Sept.

Jan.

%
20%
12%
10%
%
%
11%
11%

Sale

Seagrave Corp (The)
Sears, Roebuck & Co

13

112

6

5

13

%
20%
12%
12%
1%
%
14%
14%
43%
65%
118%
40%

Sale

147

2

9

Jan

4

July 27
Sept. 22
Sept. 27

12
Sept. 12
32% Sept. 27
14% Sept. 11
95
Sept. 11

4

34% Jan
19% Jan

Sale

15%
146%

51

175

4

30

2% Apr.
Apr.

Jan.

7

35
46%
3%
45%
9%
31%

Sept.
4% Aug.
7% Apr.
22
Apr.
12% Aug.
18
June
6
Sept.
142
Aug.
% Apr.
17% Sept.
6% Apr.
7% Aug.
% Aug.
% May
6
Aug.
6% Sept.
18
Apr.
50% Apr.

2

Jan

11

13

15%

1%
18%
2%
85%
15%

4

Apr. 27

15
18

Sale
2%
Sale
v. .3%
Sale
Sale
Sale

221

50

158

Jan.

%
2%
1 %
2%.
3%
7%
9%

11

Jan.

25
30

16% Jan.

*

340
79

30

20
18

Mar. 31

24

t Sea board Air Line—...
*
4-2% preferred
100

759

6% Jan.
9% Jan.

8
6

4

Sale

Seaboard Oil Co of Del

46,
2,

33

Jan.

171

2% July
6
25
Apr. 20
31% Apr. 10
2
Aug. 11
36
Jan.
3
6
Aug. 22
23
Apr. 18
35% Mar. 27

12

Sale

134

1,

645,
10,
13,
6,
47,
279,
29,
310,
63,

5

29

368,
54,

24,

Jan

Sale

24

172% 175
Sale
6% Sale
10
9%
11%

6%
3%

214,
62,
67,

4

17 110

4

17
3

171

tRoan Antelope Cop Mines—
Ruberoid Co capital stock
*
tRutland RR preferred
100
st Joseph Lead
—10
JSt Louis-San Francisco—100
6% preferred
—100
jSt Louis Southwestern
100
5% preferred
100
Safeway Stores
*
5% preferred
100
6% preferred
100
7% preferred
100
Savage Arms Corp
*
Schenley Distillers Corp
5
5%% preferred
100
tSchulte Retail Stores
1
8% preferred
100
Scott Paper
:
*
$4-50 conv preferred
.*

54,

10

45

Sale
Sale

5

Common

32,

31

22

Sale Prices
Sept. 2 103% Mar. 3
Mar.
1
Sept. 21 154

Gas—

$5 preferred

Richfield Oil

Jan

8% Jan
27% Jan
49% Jan

17%
26%

Sale

6%

56

2

19

118

594,
282,
21,
41,
170,
5,
3,
2,
118,
6,
107,
434,

31

5

32%

Preferred 5%
100
Pub Serv Corp of N J corn.--*

w

6

Jan.
Jan.

40

Sale

Preferred

Jan.

8

18

Sale

Preferred

3
44

29

56

*
100
100
100

5

36%
Sale

43

$5 preferred
6% preferred
7% preferred-8% preferred—...

10

41

*

Gamble

Jan

41% Jan
4% Jan

Sale

5
50

5% conv 1st preferred
5% conv 2d preferred
Procter &

30

19

24

8
9%
16% Sale
1%
2%
%
%
14% Sale
14
14%

,*
t Porto Rican Amer Tob cl A_ *
Class B
*
Pressed Steel Car common—1

Poor & Co class B

ITA

10

37

Pocahontas Co__*

Plymouth Oil

8%

Jan.

34

""% ""%

9,
11,
5,
338,
13,
1,

592,
11,

8% Sale
13% Sale

*
5

Pittston Co (The)

Public Service Elec &

5,
669,
806,
9,
52,
422,
9,
,026,

*

Pitts our gh Screw & Bolt

124

8

38% Jan.

30

Jan.

Sale

74

23

31

26

Sale

25

Jan

4% Jan

91% Jan.

23 136

Jan.

Sale

49%

15

Jan.

4%

26

8%

Pitts Ft Wayne & Chicago—

1,
329,
51,
4,
7,
3,

Jan.

136

Sale

Sale

70

Sale

34

30

Sale

67

Lowest
Sale Prices

8

5%

60

Highest
Sale Prices

Sale

24%

*

$5 conv preferred-

2,

4%

4F'

8

140

134

Highest

Lowest

Sale

91

Sale

140

3%
4%
30
25%
41% Sale
2%.
43%

25

5

100

Pittsburgh Coal (of Pa)

Sale

Ask

Ask Bid

Bid

Sale Prices

Jan. 31

Jan. 2
Par

Shan

556,
5,
1,
36,
26,
2,

YEAR 1939

Jan. 3

N. Y. STOCK EXCHANGE

240,
7,
13,

RANGE FOR

PRICES IN JANUARY

Price

STOCKS

13
31

8

2
2

3

8

32^
3

Jan,

24

4

June 24

Oct.

23
29% Jan.
5
98% Nov. 20
127
Sept. 11
Dec. 14
112
28

21

24*

Sept. 12
Mar. 11

Sept. 9
15% Sept. 13
3% Sept. 11

18% July 18
35% Sept. 8
143

Dec. 27

Feb., 1940]

N. Y. STOCK

39

EXCHANGE-STOCKS

AQOREQATE
SALES
In

Price

PRICES IN JANUARY

STOCKS

January

Shares

24,100
70,600
37,100
27,300

Jan. 2
Par

200

238,900
1,662,200
1,316,400
810,700
2,500
198,300
11,900

10

320

400

6,200

1,700
39,700
5,600
780

25,500
1,110
8,300
391,200
3,000
25,000
52,400
10,400
53,400

59,400
50,600
83,200
1,600
7,600
8,200

17,300
33,500

173,700
6,400
490

19,900
6.400
11,000
3,200
900
200

24,800
7,100
8.600
4,900
900
120

1.500
4,000

52,000
10,800
14,600
13.500
5,100
500
700
400
700
190

12,900
580

8,600
1,000
10,100
10,500
7,500
20,800
1,500
26,900
9,100
14,600
62,400
1,100
21,600
500

2,500

18",800
2,900
2,100
440
8,900

8C0

360

7,400
2,000
14,000
59,000
800

23,500
2,700
3,000
1,400
150
2,400

10,600
270

2.100

11",206
3,400
4.400
300

9,800
1,200
12,300
108,900
10,700
2,500
1,800

1

Bid

21k

Sale

14k

Sale

12k

Sale

x—-*
10

22 k
33 k

Sale

20

Sale

W*
30

Sale

Ohio certifs—100

*

38
3k

1

7h

Railway
5% preferred
Mobile &

Sparks Withington
Spear & Co
$5.50 pref

*
*

Starrett Co

Studebaker Corp

Sale

Sale

6% preferred

100
-10c

*

Superior Oil

-1

Superior Steel

100

Sale

33 k

Sale

6

Sale

101k
2k
6k
16k

30k
30k 29k
6
7k Sale
103 k 107 k Sale
103k
Sale
Ik
A*
Sale
Sale
3k
Sale
12k Sale
10k
Sale
15k Sale
13k

9!H
i?M

Sale
Sale

18k
Sale

23
28 £
28

Sale

17
7k

Sale

65

Sale

120k
Ilk
38k
3 k
20 k

121k
Sale
Sale
Sale

5
-5

Corp (The)

25
*
-*

Sale

24k
26 k
43

Sale

29

Sale

78

7k
o
Sale
6k
10 k
Ilk Sale
9k Sale
10k
56 k
58
59 k
122
122k 122k
Sale
10k
Sale
24k
2k Sale
2k
17
16k
13k
29
29k Sale
6k
22 k Sale
22 k

490

$3.60

conv

*

preferred

The Fair Co.

5k

Sale
Sale

100

Thermoid Co

pref

conv

$4.50

10
25
*
*

Starrett..

^

•

Associated

Oil-.10

preferred

*

conv

Sale

Tim ken-Detroit Axle Co

10
—*

Tri-Continental

Corp

--*
—*

6% preferred
Truax Traer Coal
Truscon Steel Co

10

20th Century Fox Film Corp.*

$1.50 preferred
Twin City Rapid Transit
Preferred
Twin Coach Co

*
*
100
1

Preferred

-

54k
6k

18*
a*
Ah
26 k
34 k

3k

Ilk

Sale
Sale

90

Sale

Jan.

25
24

A*

35

4k
Sale
Sale
4

JX

36

4k
5k

Sale
Sale

42 k
3 k

Sale

34 k

Sale
Sale

8

Sale

5k

Sale
Sale
17

Sale
12

Ilk

29

17

17 k
53 k
5

50k
3k
35k
36k
3 k Sale
29
30k

Sale

3

Sale

4k

c,4**

Sale
Sale
Sale
Sale
21k Sale
47k
48Ji
5 k Sale
14 k Sale
7 k Sale
2k

Sale

Sale
Sale
Sale

Sale
85

4k

8k
Ilk
24 k
2k

4k
9}
Sale
Sale

2k
26k
27k
10 k Sale

Sale

12k
88

2k

77

Sale

39 k

Sale

20 k
10 k
93 k

Sale

24k Sale
2k
2k
24 k
28
10 k Sale
1

30

1

42 k
13 k

Sale
Sale
Sale

80 k
112k 113
16k Sale
93 k Sale

Sale
87 k
Sale

Sale

Is*

Sale

41

47

Sale

Sale

13 k

47 k

Sale
Sale

16k
15
65

3 k

119
Sale

17k
Sale
Sale

Sale
Sale
Sale
6k

16k Sale
15k Sale
114k 116
60

Sale

17k
18k
2k Sale
39k Sale
5
4k
59

Sale
5
Sale

5
34

Sale

5

6k
32 k Sale

*

65 k

85 k

*

Ilk Sale

88

15k Sale
15k Sale
112
54 k
17

Sale
56
18

2 k Sale
39k Sale
5

4k

4

Sale
5

12

10

8% 1st preferred
100
302,400
69,300 U S Smelt Ref & Mining—50
Preferred
,.50
18,800

7 k

115

Sale
Sale

35k

3

13
19
23

7

19

2k Jan.
78k Jan.
4k Jan.

25

Ilk Jan.
24k Jan.
2k Jan.

3

52

Jan.

6k
14k
8k
2k
79k
5k

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

3
9

80

15

16 115

16

Jan.

16

93

Jan.

15

85

Jan.

29
11

15
15
2

17k
97k
87k
25k
48k
16k
16k

112

Jan.

31 118

55

Jan.

29
12

Jan.

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

Sale

33

18

4

30
26

3

11

2
11

Sale

8
4

5k Jan.
5k Jan.

Jan.

4k

4

12

4

5

34 k

8

3

40

10

H

Jan.

15

4k Jan.
56k Jan.
4k Jan.

4

4

31

59

Jan.

5k Jan.

8

4

2
3

3
3

Sale

81k
8k
10k
85 k
181

Sale
31

Sale
Sale

65
36

70 k
Sale
Sale

lk
40k
112k
62

68k

Sale
Sale
Sale

Sale

70

6k
83
8

6k
84 k
9k

6k Jan.
80

15

Jan.

6

18 116k Jan.
13 k Jan.

4

13

5

24

5k Jan.

8

22

7k Jan.

3

■11I

k Dec.
34k Sept.
6
Aug.
65 k Apr.
108 k Sept.
15 k Aug.
81k Apr.
78
Apr.
20k Mar.
31
Aug.
7k Apr.
14k Sept.
112k Mar.
52
Apr.
13 k Apr.
2
Apr.
30 k Apr.
4 k Aug.
4k Dec.
54 k Dec.
3 k Apr.
25 k Apr.
62k Apr.
11
Apr.
110
Sept.
6k Apr.
3 k Aug.

5k Mar.
75
5

Jan.

26

8k Jan.
10k Jan.

26

3

5 k Aug.

89

Jan.

25

4 181

65k Sept.
149k Sept.
4
Apr.
23
Apr.
13k Apr.
3 k July
5k Aug.
46
Apr.
32k Sept.
31k Oct.
lk Dec.
31k Apr.
86k Apr.
48
July

22

4

Jan.

15

5k Jan.
9k Jan.

18

26k Jan.
6k Jan.

10

18

11

31

Sale

5k Sale
9k Sale
65

11

69

22

69

Jan.

36k
35k

Sale

35k Jan.

Sale

34

lk

Sale

Jan.

lk Jan.
Jan.

35k Sale
34k
109
110k Sale
62
61
62k
69 k
70
69

Jan.
Jan.

Jan.

Jan.

20

70k Jan.
38k Jan.
35k Jan.
lk Jan.
29
41k Jan.
15 113k Jan.

5
2

8

18

4

2
2

31
5

3
3

2

65

Jan.

4

3

70k Jan.

11

61

26

17
2

41

18k Dec.
7
14 k Mar. 10

21

4

4

1

96

Feb.

9

10
11

25

Dec.

13

1
10
10

54 k Jan.

8k
12 k

10 k
4 k

88

3
Sept. 13
Dec. 29
Jan.
4
Sept. 5

Jan.

7 k Sept.
14 k Sept

9

11

26k Jan.

85

Jan.

6

4

Oct.
Oct.

34k Jan.
3 k Aug.

15

5 k J an.

Jan.

10

9

Apr.
8
17k Apr. 11
7k Apr. 11

25

31

9

Ilk Dec. 19

Jan.

29k

11
12
12
3
13
11

19k Sept.

7k Jan.
Sale
8k Jan.
87
Sale
82k Jan.
179
179 k 178
Jan.
4k Sale
4k Jan.

23
15

21

6k Mar.
9 k Sept.
50k Sept.
5 k Jan.
38 k Sept.
Ilk Sept.

3 k Oct.

Mar. 31

22

Jan.

43 k July

4 k Nov.
33 k Nov.
3 k Jan.

Apr. 10
Apr.
3
Apr. 10

Jan.

17k Jan.
2k Jan.

12 k Sept. 27
9 k Sept. 27
7 k Mar. 11

17

2

10

38

3
5

16
10
7

3
6

Jan.

60k Jan.
18k Jan.
2k Jan.

Sept.
Apr.
lk July
Apr.
Aug.
83
Sept.
102 Apr.
34
Apr.
5
Sept.
6
Apr.
5
Apr.
74

3

15

Jan.

J*

4

30

Jan.
Jan.
Jan.
Jan.

—

4

Jan.

lk
44k
14k
88k

Sept.
37k Sept.

22k Jan.

Dec. 15
3k Dec. 27
Sept. 2
2k Apr. 10
14
Aprr 8

30

10

Ilk Jan.

16

Sale

3

28

39k Jan.
12k Jan.

58 k

27

Jan.

34

66k

24k Jan.

85k Jan.

ixH

Sale

Jan.

3
24

4

2

22k Jan.
43k Jan.
14k Jan.
15k Jan.

Ilk Jan.

23

Jan.

Jan.

27

13 k Jan.

15

113k Jan.

17
27
4

25k Jan.
2k Jan.

Jan.

1

2

4

9k Jan.

24

Mar. 14
Jan. 13

27
5 k Oct. 26
Oct. 30
6
Nov.
1
33
Nbv. 27

11

15

26
15

3

4

Jan.

48

29

35

24

61

9

3k Sept.
22 k
30 k
10 k
25 k

24

Jan.

95

21
5

7k Sept. 5
17 k Jan.
5
Oct. 23
10

15k Dec. 22

24

18

A*
30

62k

13

26

8

2k Jan.

13
13
14
14

8

26

23

33 k Sept.
30
Sept.
53 k Sept.
36
Sept.
80
Dec.
12k Jan.

Sept.
1
7
Aug. 24
5k Nov. 28
1
8k Sept.

Jan.

Jan.

8
7
3
108
June 17
5 k Jan. 20
10k Jan. 20
20 k Oct. 26
25 k Oct. 26

8

30
12

175

Sale
Sale

15

Jan.

!P

8
4

3k Jan.
4k Jan.
31

17

3k Aug. 24
Apr.
8
Aug. 11
Aug. 22

9
4

Aug. 23

33k Oct.

4

4k Jan.
30

15

Jan.

10

Jan.

2

91

12
30

4

16

20k Jan.
46k Jan.
5k Jan.
12k Jan.

1

16

24

13
16

10

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

8

75 k Mar.
34k Dec.
7 k Jan.

25

Jan.

3k Jan.
26k Jan.
2k Jan.

16k Jan.
10k Jan.

10

lk Aug.
Apr.
Sept.
Sept.
Apr.
June

10

22k
5k
17
24 k

4k Aug. 24

36

15

2

4k

16

27 k Jan.
2
Jan.

5
3
3

22k Dec. 19
51k Sept. 11

5k Apr. 10
45 k Sept.
1
Jan.
4
66
118k Sept. 27 128k June 17
7 k Apr. 11
Ilk July
6
1
3
38k Jan.
19k Sept.

3 k Aug. 24

12

Jan.

8k

5
4

4

Jan.

4

6k
3 k

3

50k Jan.
3k Jan.

8

65

3

34

3

20k

3
27

Jan.
Jan.
Jan.

4

26

4

3

Aug. 25
8
Apr.
Apr. 11
Aug. 24
8
Apr.
8
Apr.

9k
7k
5k
36

Jan.

2

38

31

4

24 k Sept.
1
22 k Aug. 25

4

11

17

31
23

11
11
10

3
5

25

30
24

Jan.

9

Jan.

Jan.
Jan.
Jan.
Jan.

Jan.
Jan.

20

2

8

Jan.

7k
9k
84k

101k Sale

2

Oct.
Dec.

94

8

81k Sale
81k Jan.
14 k Sale
14k
14k Jan.
115
116 k 115
116k 115k Jan.
Ilk Sale
Ilk
10k Jan.
Ilk
4k
5k Sale
4k Jan.
5k

*8*
79

5 k
52 k

2

17
24
27
11
12

4

23k Jan.
32k Jan.

5k
42k
3k
32k
7k
5k
Ilk

Sale
Sale

Sale

7

11

4k
6k
46k
4k
35k
8k
6k
12k
18k
52k
3k

lk

95
86 k
23 k

66 k




23
30

Sale

5
10

40.

Jan.
Jan.
Jan.
Jan.

5k

16k

-.100

page

7k
5k
5k
34k

Ilk

114

17

Rubber

Sale

5k

18k Sale"
98 k Sale
83 k Sale
22 k
23

34
5k
8k

6S

7k

7k
Sale
Sale

78

•

4k

k Sale

65 k

Preferred
United Drug Inc
United Dyewood

United Fruit
United Gas Impt Co
Proforrod.

3/4

11

Sale

Sale

13 k
Sale

Sale

4

6

75

Sale

*

5

Sale

19

31

2

12k Sale
8
7k
2 k Sale

Sale

Jan.

13k Jan.
28k Jan.

15

30k
30k
2 k Sale
17k
18k
10 k Sale
90k
90k
23 k Sale
50k Sale

Sale
Sale

Sale

10k

United-Carr Fastener Corp—*
United Corp
*

Preferred
United Electric Coal Cos
United Eng & Foundry

Sale

28

100

*

Sale

2

2

29

Jan.

Sale

4

3k Sale
15k Sale
13 k Sale
93 k
94 k
18k Sale

2

5
'Trail & Williams Steel Forg—*

Sale

Jan.

9k Jan.
24k Jan.

Jan.

28
3k

3k
28 k

122

Sale
Sale

6

15

23
23 123

7

18
Sale

2

Sale

31

Jan.

22

15k

58k
Sale

10k Jan.

Sale

20

2

30k Jan,

40
Sale

4

Jan.

Apr.
Aug.
Dec.
Apr.
Dec.

4k Apr.
10
Apr.
13 k Apr.

2

18
31

Jan.

31

56k Jan.

Sale

8k
57k
18k
5k

11

Jan.
Jan.
Jan.
Jan.
Jan.

30

Sale"*

37k

58

Jan.

7k Jan.

9

42

Jan.
Jan.

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

29

78

,18

16k
50k
50k
3k
5
32k 36k
4k Sale

100

Thompson (J R)
Thompson Products..
Pr6i6rrc(i
Tide Water

Sale

19 k

1

-

$3 dividend
Third Avenue

Thompson

2?r:

6k
12 k

9
3

34 k Dec. 22
53
Dec.
5
16 k Mar.
9

3

26k
27k
46k
33 k
80k
8k
6k
12k
10k
59k

30
15

28k Jan.

59k

3 k Jan.
5
9k Sept. 30
70 k Nov. 22

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

31

Jan.

5

lk Aug. 24
k Apr.
60
Sept. 15
14 k Apr.
36
Apr.
11
Apr. 11

10k
27k
2k
17k
29k

24k Jan.
25k Jan.
43

Sale

3k
32 k Sale
8 k Sale

Sale

-*

7% preferred

98,900 U S & Foreign Secur Corp—*
$6 1st preferred
*
8,900
17,540 U S Distributing Corp pref. 100
U S Freight
*
75,140
20
181,600 U S Gypsum Co
7% preferred
...100
2,580
5
36,600 U S Hoffman Mach
5k% conv preferred——50
2,500
U S Industrial Alchol—
_*
144,000
*
87,100 U S Leather
Class A
*
137,500
Prior preferred
100
3,300
20
211,700 U S Pipe & Foundry
U S Playing Card
10
4,900
*
358,500 U S Realty & Impt

see

6k
44 k

Sale

300!United Merch & Mfrs fnc vtc.l
79.600 United Paperboard Co
10

For footnotes

Sale

Sale

253

3,563,900

34 k
4k

4*

Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale
Sale

Mar. 22

4

7k
107k
2k
7k
18k
22k

Jan.
Jan.
Jan.
Jan.
Jan.

23 k Jan.
4
36 k Nov. 20
43 k Sept. 26

3

Jan.
Jan.
Jan.

Ilk Jan.

31k

6k
5k

4k Sale

10

62,200 United Carbon
15,900
1,461.200
390,000
323,900
33,100
3,210
172,900
33,000
286,300
897,800
11,500

8k

44k

53

Sale

32

9

29
31

9k Jan.
60

IB

Sale

Sale

Texas Pacific Land Trust----Texas & Pacific
100
Thatcher Manufacturing
*

Timken Roller Bear
342,300 Transamerica Corp
370,000 Transc & West Air Inc

36,700
311,500
6,300
83,400
12,100
456,300
48,000
25,400
6,030
223.900

10k
18k Sale

Jan.

33 k Jan.

Sale

Sale

7k
42k

Sale
12k

65
22k
46k
34k

Jan.

2?g

Sale

5

Jan.

8k Sale

Sale

Jan.

Sale

80

Sale

7

62

25k
26 k

71k Sale
12 k Sale
6k Sale

34

8

Jan.

44 k
33 k

Sale

4

Sale

20

Sale

53 k
33 k

3

Jan.

29k Dec. 30
21k Jan.
4

10k Apr.
Ilk Apr. 11
15k Apr. 11

Jan.

7k

10
7k

Texas

52

Sale
Sale

1

Texas Gulf Producing Co
Texas Gulf Sulphur—
Texas Pacific Coal & Oil

54

Sale

Highest

2k Jan.

Jan.

Sale

3

3

39

Jan.

10k

-9
50

Telautograph Corp
Tennessee Corp

i*

Sale

21

60

Sale

4,900

1939

Sale Prices

Sale Prices
23 k Jan. 24

3

34k Jan.

42k Jan.
29

Jan.

15k Jan.

Jan.

Sale

27 k

Without warrants
133.400
15,400 Talcott (James) Inc
1,840
5k% preferred

22 k

65

Lowest

20k Jan.

6k Jan.

70 k
Sale
Sale
Sale

45 k

30

Jan.
Jan.
Jan.
Jan.
Jan.
J an.

Sale

1

Superheater Co (The)

22 k
Sale

2

6

6P

Sale

52 k

Sale

15k

*

Sunshine Mining Co

20 k

42k

2

69

If*

16

45

•-*

Sun Oil

7
65

28k
12k
16k
28k
37k

Sale

38

Sale

2k

Sale

Highest
Sale Prices

70 k
29 k

10
5
1

Stone & Webster

39

37

8k

15k

29 k

Sale

41

21

*

(The LS)
Sterling Products Inc
"Warner Corp
Stokely Bros & Co Inc

Sale

47

Standard Oil of California—_*
Standard OU Co. of Ind
25
Standard Oil of New Jersey.25

Stewart

Sale

29 H

Sale

153,900 Swift International Ltd------Symington-G ould Corp-with .
stock purchase warrants-—1
247,800

12,700
3,850
165,700
10,530
60,600
24,500
175,700
106,300
27.600
404,200
22,300
336,100
176,500

Lowest
Sale Prices

Ask

Southern

30

37,500
175,700
1,047,200
235,400
317,700
189,300
168,700
22,300
21,000

Jan. 31

Ask Bid

24 k

Sutherland Paper Co
10
8,900 Sweets Co of Amer (The)—50
25
281,500 Swift & Co

180

129,200
26,000
28,700
1,400

Ask
Sale

Southern California Edison.-25
Southern Pacific Co
100

8,400
83.400 den & Co
5,500
83 200 Underwood Elliott Fisher—*
121,300
508,900 i Union Bag & Paper
*
40,700
689 600 Union Carbide & Carbon
*
1,930
2*250'Union Elec Co of Mo $5 pref-.*
12,100
174'600,Union Oil, California
25
10,700
177 000'Union Pacific
100
3,2001
481500! 4% preferred
100
9.100
72,900 Union Tank Car
*
70,000 1.497.4001 United Aircraft Corp
5
116,200 1 107 000|United Air Lines Transport._5
3,800
52 400 United Biscuit of American— *
3,300

Bid

14,300 Spencer Kellogg & Sons
1,187,200 Sperry Corp (The) v t c
1
182,000 Spicer Mfg Co
*
8,280
$3 conv preferred A
*
962,500 Spiegel Co Inc
-2
25,590
Convertible $4.50 preferred *
99,200 Square D Co class B
1
1,220,100 Standard Brands
*
27,900
$4.50 preferred
*
166,300 Standard Gas & Electric
*
339,400
$4 preferred
*
35,300
$6 prior preferred
7 prior preferred
260,800

697,700
666,400
1,225,900
24,700
104,600
278,900
103,200
1,193,600
1,115,600
67,800
6,970
347,500
82,100
300,200
70,600
29,900

YEAR

1939

1939

Shares

RANGE FOR

Jan. 3

N. Y. STOCK EXCHANGE

Months

12

60

June
Mar.

Jan.

35 k Aug.

12k Jan.
4
4k Jan.
Jan.
3
13 k Dec. 21
94 k Sept. 14
66

118

July

14

5
19k Jan.
105
Sept. 27
90
July 27
24 k Sept. 21
51

16k
18k
119k
69k

Nov.
4
Dec. 29

July

18

June 16
Oct. 25
20
Mar. 13
6
3k Feb.
39 k Aug.
3
Mar.

8k Jan.
74

Feb.

10
5
11

8k Sept. 11
35k Sept. 27
95
Sept. 11
15

Nov. 24
June 23

Sept. 12
7k Sept. 25
11
Jan.
87 k Mar.

4

8

17k Sept. 11
14
Sept. 27
113
180

Jan.
Mar.

7k
35k
29 k
10k
15 k
67

Oct.

4

6

July
July

24
24
Sept. 12
Sept. 13
Sept. 13
4

49
Mar. 13
37 k July
7
6k Mar. 10

52 k Jan.
3
114k Nov. 14
68 k Sept 27
June 27
x70

N. Y. STOCK EXCHANGE-STOCKS

40
AGGREGATE

SALES

January

N. Y. STOCK

12 Months

Jan. 3

1939

EXCHANGE

1939

Shares

Par

8,700
870

2,400
1,600
3,900
840
600

1,300
80

1,320

1,700
50

21,800
2,300
410

2,900
20

6,800
6,900
•

450

1,430
280

72,900 Vadsco Sales Corp
1,880
Preferred
100
534,600 Vanadium Corp of America..*
53,700 Van Raalte Co
5
2,220
7% 1st preferred
100
27,600 Vick Chemical Co
5
180 Vicks Shreve & Pac By Co.100
80,300
168,500
99,120
4,260
14,570
4,480

1,200
1,500
2,360

160

130

1,000
4,700

"3",300

"

5,100
2,000
14,500
6,300
1,100
1,800
4,100
3,300
31,600
870

5,000
100
20

1,900
2,600
4,300

5% preferred
100
Viccor Chemical Works——5
Va Caro Chemical
*
6% preferred
100
Virginia Elec & Power 6% pref*
Virginia Iron, Coal & Coke 100
5% preferred
-..100
Virginia By Co
25
<6% preferred
25
Vulcan Detinning
.100
7% preferred
-.100

18,200 Ward Baking Co class A

600
980

1,040
2,400
3,700
6,500
4,300

1,000
2.400
42,400
20,000
20,800

770,100
485,900
544,810
4,280
81,600
73,500
37,000

270

4,500
6,100
3,100

450

"""570

770

19,800

309,900

"""500

14,200
9,100
417,700
72,900
80,700
36,400
15,900

300

1,200
21,100
3,200
49,700
700

5,300

2,700
34,900
7,900
29,900
6,800

l",606
460

3,500
4,600
62,000
800

4,500
52,100
300

9,200
4,900
2,700

19

Change of

name




Sale

285* Sale
335*
112
40

25 5*
4

345*
1145*
Sale

69

.*

2

Sale

65* Sale
185* Sale
85

Sale

85* Sale
505* Sale

-205* Sale
145* Sale
2%

Sale

355?

38
65* Sale

395*
35*
10

35*
30
24

415*
Sale
14

95*
Sale
Sale

325* Sale

35* Sale

17*

Sale

91

90

29

1175*
2

65*
445*
335*
93

45*
Sale
Sale

4

565* Jan.

3
12

Jan.

22

Jan.

19

805* Jan.

27

2

5

15

6
5*
Jan.
3
175*
Jan.
Jan. 22 345*
Jan. 15 385*
Jan. 23 1155*

^

18

Jan.
Jan.
Jan.
Jan.
Jan.

12

23

46

Jan.

8

6

57

Jan.

5

17

31

Jan.
45* Jan.
315* Jan.

4

5* Jan.
Aug.
Apr.
25
Apr.

9

16

16

3
5

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

29

31

215*
Sale
Sale
Sale
165*
85*

16

1

75*
15*
15*
225* Sale
35* Sale
47
Sale
15* Sale

15*
15*
65*
215*
935*
55*

4

Jan.

6

25* Jan.

3

23

8

Jan.

4

48

Jan.

35

4

26

95

Jan.
Jan.

5

7

Jan.

3

11
10

23

10

Apr.
Apr.

Oct.

Jan.

235* July

98

'Jan.
65* Jan.

4

Jan.

3

July

6
22

3

"JahT

"3

75*
15*
215*
35*
455*
15*
65*
45*

9

15*
Sale
Sale

Sale
Sale

Jan.
Jan.
Jan.

Jan.
Jan.
Jan.
Jan.
Jan.

19
15

5
3
2

15
13
11
13
11

Jan.

11

Jan.

29

Oct.

Jan.
Jan.
Jan.
Jan.

10
10

Dec. 30
Dec.

10

Dec.

50

Jan.

3

Feb.

15* Jan.
65* Jan.
45* Jan.

3

Nov. 27

13

11
Nov. 30

Jan.

12

Jan.

19

Jan.

4

16

24

~ Jan.

4

Sale

35* Jan.

5

45* Jan.

8

245* Jan.

31

275* Jan.

3

70

19

75

Jan.

4

2 108

Jan.
Jan.

10

31

Sale

Sale
Sale

Jan.

1055* Jan.

1075*
Jan. 30 114
1115* 1125* Ill
Sale
'Sale 103
1025* Jan. 27 108
Sale
1145* 1155* 1145* Jan. 10 1155*
16
Jan. 31
Sale
Sale
195*
16
Sale
335* Jan. 13 365*
345* Sale
5
35* Jan. 13
45*
35* Sale
Sale
75*
65* Jan. 16
7
65*
1
1
5* Jan. 31
5* Sale

Jan.

8

Jan.
Jan.
Jan.

27

Jan.

4

4

3

Jan.

2

Jan.

5

Sale

15

Sale

15

285* Jan.
285* Jan.

3

Sale

15 118

Jan.

4

15 138

Jan.

5

3

225* Jan.
225* Sale
225* Jan.
235* Sale
1055* Jan.
1085* Sale
130
Jan.
138
1305* 135
26
Jan.
Sale
275*
265*
Sale
335* Jan.
355* Sale
Sale
355* Jan.
385* 36
61
97

69
Sale

Sale

295*

Sale

110

85

66

65*
Sale

365*
Sale

m
35*
55*
52

Sale

695*

Sale

Sale

54
Sale

98

18

335* Jan.

30
3

665* Jan.
95* Jan.
115* Jan.

23
24

70
10

Jan.
Jan.

11

Sale

5

Jan.

23

§5*

Sale

45* Jan.

Sale

3

3
8

2

26

10

8

38

Jan.

4

42

Jan.

20

Jan.

31

22

Jan.

4

Sale

3

Jan.

15

35* Jan.
15* Jan.
35* Jan.

11

Sale

35* Jan.
15* Jan.

9

45* Jan.
515* Jan.

13

36

15*
35*
55*
595*

Jan.

135* Jan.
65* Jan.
65* Jan.

24

Sale

35*

Sale

Sale

116

116

Sale"

Jan.

5

5

Sale

Sale

18

2

675*

75

68

Jan.
Jan.

56

29
29

Jan.

2

245* Jan.
405* Jan.
215* Jan.

10

71

25

365*

5

70

355*

9

Jan.

6

18

665*

72

60

70

345*
435*

35

r

46
Sale

875*

225*
40 H

45

107

48
Sale

86

Sale

225*

Sale

17

1155* 117
115* Sale

87

235*

119

465*

Sale

84

89
Sale

165*
Sale

Sale

120
105* Sale

ir>

Sale

355* Jan.
44

Jan.

105

Jan.
Jan.

375* Jan.
505* Jan.
22 1145* Jan.

8

3
18

Jan.
Jan.

2
5

28

Dec. 21

Jan.

25

79

3

J an.

4

1075* Dec. 15
8 1125* Dec. 16

11

10 106

5 115
29
11

10

10
26

195*
365*
65*
115*
2

Dec.

18

8

Nov,

Dec. 20
Nov. 16

Sept. 27
Sept. 27

Sept. 27
Sept. 20

Sept.22
Sept. 10
Dec.

8
7

Dec.

22

Mar.

Dec. 23
Oct.
Oct.

18
3

Jan.

26
27

Oct.

25

Oct.

Mar. 10
Oct.

26

Jan.

4

Nov. 17
Nov. 20

Dec. 30

3

Feb.

6

Feb.

1
8
8

Sept.

6

Aug.
Aug.
Apr.
15
Apr.
36
Sept.
195* Apr.
July
May
235* July
315* Apr.
85
Apr.

8*

28
75
26
60
20 115
10 315*

13
11

15

25
5

19

Nov. 21

Sept. 19
Sept. 22
5
505* Jan.
4
235* Jan.
Oct. 31
74
Oct. 31
69

385* Sept. 22
535* Sept. 20

4
10 124 5* Nov.
Mar. 31
75
855* Dec. 29
185* Sept. 1 335* Mar. 13
215* Oct. 26
115* Apr. 11

4

22

22

485* Jan.

3

30

Jan.

15

89

Jan.

6

235* Jan.

31

285* Jan.

4

74
17

Jan.

31

12

19

165* Jan.
25* Jan.

3

25* Jan.

3

2

15

5
4

June 24
June 24

25*
25*
32
1055*

Jan.
Jan.

Sale

80

28

Nov.

195* Jan.

15

3

24

20

4

25

3

24

25* Aug. 11

89

5 120
12
31

8
4

k

15

235*

a Deferred delivery.
rOash sales,
z Ex-dividend,
y Ex-rights.
from United American Bosch,
g Change of name from Peerless Corp.

Jan.

4

Mar.

58

20

86

25*

19

1

Jan.

8 37
165* Apr.
8 375*
185* Apr.
825* Apr. 11 121
126
May 20 145
8
285*
105* Apr.
8
395*
155* Apr.
6
z29
Apr.
395*
42
July 28 75
6
97
74
Apr.
155* Apr. 10 385*
80
Jan. 27
45
July 10
85* Dec. 27 125*
7
Apr. 10 155*
35* Sept. 2
15* Aug. 21
14
Apr. 10
14
205*
Sept. 6

22

85

225* Jan.
165* Jan.
1155* Jan.
105* Jan.
385* Jan.

86
Sale

25*

2

20

2

605* Jan.

2 116

225* Jan.
385* Jan.

20

Sale

Sale

275*
165*
25*

29

Sale

3

Sale

245*
235*
385* Sale

855*
245*
185*

19

945* Jan.
255* Jan.

23

95*
115*
55*

20

Sale

114

3

295* Jan.
385* Jan.
395* Jan.

20

110

70
10

3

Mar.

35* Oct.

10
21

16

3

18

58

80

735* Sale
1055* Sale
1125* Sale

Sale

15* Apr.
Dec.
July
555* Aug.
85
Apr.
95
Apr.
88
Apr.
1055* Sept.
155* Nov.
205* Apr.
25* Apr.
35* Apr.
5* Dec.

3

July

65* Jan.
July
35* J an.
13 5* May
Sept.
355* Oct.
245* Jan.
325* Jan.

3

Apr.
8
Apr. 11
Sept. 5

5

22

Jan.

Jan.

44

13

Apr.

11

5

Jan.

505*
205*
145*
25*

2

Dec. 20

4

•

9§«

355*
165*
95*
15*
255*
45*

Jan.

Sale

Sale

8

Apr. 10
Sept. 20

Sale

70

Sept. 13
35* Sept.13
3
Sept. 20
3

22
8

22

16

AH

Mar. 15

5

Sale-

85*
55*
305*
185*

35* Sale

Dec.

131

18

Sale

45*
6
Sale
195* Sale
225* Sale

26

July
July

15* Jan.
25* Jan.

12

101

645* Apr.
125
Mar.

11

31

165*

31

Nov. 15

Jan.
Jan.
Jan.
Jan.
Jan,

34

Sale-

9

6

40

9

4

Jan.

65*
205*
935*
55*
335*

7
Sale

35*
475*

10

June 29

Sale

24

9
Sept.11
Sept.12

Sept.

21

II4

4

12

24 118

15* Jan.

1

1
40

109

25*

8

16
21
10

Sept. 22 1165* July 26
345* Apr. 11 445* Dec. 30
Aug. 23
545* Aug. 30
Sept. 30
65
Sept. 30
185* Apr. 10 295* Dec. 29
8
55* Septal2
25* Apr.
17
Apr. 10 335* Sept. 27
July 31
1125* Sept. 14 118
55* Sept. 12
H Aug. 7
15
Sept. 12
45* July 27

8

66
Sale

1

3
7

116

"25"

46

3

18
145* Jan.
Jan.
70
31
Jan.
8 159

Jan.
Jan.

Sale

29

Sale
Sale

245* Sale
Western Union Telegraph--100
31
Sale
Westinghouse Air Brake.....*
Westinghouse Elec & Mfg..50 1195* Sale
Sale
7% 1st preferred
50 140
195* Sale
Weston Electric Instrument—*
2051 Sale
Westvaco Chlorine Prod
*
315* Sale
5% preferred
30
75
Wheeling & Lake Erie Ry_. 100
735*
90
5 5* % conv preferred
100
295* Sale
Wheeling Steel Corp
*
795*
92
6 % preferred
—100
595* Sale
$5 conv prior preferred
*
105*
12
White Dental MJg Co (SS).20
13
Sale
White Motor Co
1
65* Sale
White Bock Min Spgs Co.—*
15* Sale
White Sewing Machine
...1
195* Sale
Convertible preferred
*
Prior preferred
20

Sale

415* Aug. 24 825* Sept. 12
985* May 19 1205* Sept. 22
30
Sept. 22 375* June 13
39
Oct.
3 465* July 14
4
Sept. 6
15* Dec. 20
85* Mar. 3
65* May
2
25* Oct. 26
15* Apr. 10
Dec.
7
46
Apr.
6 64
17
Sept. 14
9
May 11
July 31
605* Sept. 12 85
June 19
146
Sept. 28 163
Feb. 25
455* Apr. 10 78

3
12

Jan.

U37%

130

15*
15*
15*
65*
205*
955*
5 5*
335*

265* Sale
35* Sale
65*
75*
15* Sale

Sale

Jan.
Jan.
Jan.
Jan.

285*
35*
45*
35* Sale
Sale
Sale
27
275*
117
118
116
1165*
Sale
15*
Sale
65*
55*
"55*
455*
45
465*
455*
35
345*
335*
335*
Sale
91
92
885*

Sale

805*
Sale

435* Jan.

Sale

60

80
Sale

60

281
78;
1033
883

2
2
10
9
19
16

27
10

25* Jan.
75* Jan.

22

Jan.
Jan.
Jan.
Jan.

22

Jan.
Jan.

a%H

30

132

15* Sale
35* Sale

Highest
Sale Prices

165*
285*
375* 355*
38
375*
1145* 1155* 1145* 1175* 1145*
43
Jan.
435* Sale
445* Sale
62
565* Jan.
55

35*

1195*

5*
195*

16*

Sale

Sale

Lowest
Sale Prices

65*
75* Sale
2
15* Sale
545*
565* 535*
14
15
145*
135*
Sale
635*
635* Sale
157
157
1575* Sale
67
Sale
795* Sale

"36"

285* Sale
Sale
2>* Sale
75*
10

2

75*

33* Sale

Sale

115

120,200 Woodward Iron Co
10
1,003,300 Wool worth (F W).
10
182,000 Worthing ton P & M
100
640
7% preferred A
100
900
6% preferred B
100
10,700
Prior pref 4>4% series...100
13,500
Prior pref 4 5* % conv ser 100
7,973 Wright Aeronautical Corp-..*
33,200 Wrigley (Wm) Jr
;
*
60,700 Yale &, Towne Mfg Co
25
1,975,700 Yellow Truck & Coach cl B..1
7,710
7% preferred..
100
102,300 Young Spring & Wire
.*
1,460,000 Youngstown Sheet & Tube...*
5,100
55* % preferred series A—100
244,300 Youngstown Steel Door.
*
286,700 Zenith Radio Corp
*
117,000 Zonite Products Corp
-.1

•No par value,
•

69

5* Sale

91,100 Wilcox Oil & Gas
5
478,600 Willys-Overland Motors..
1
175,300
6% conv preferred
10
426,200 Wilson & Co—
*
54,500
$6 cum preferrred
100
390 Wisconsin Elec Pow 6% pf.100

20

3,100

68

151

34,700 Webster Eisenlohr
*
10
7% preferred
100
120.500 Wesson Oil & Snowdrift
*
16,680
$4 conv preferred
*
10,070 West Penn Electric Co A—.*
13,370
7% preferred
100
14,600
6% preferred
100
12,400 West Penn Pow Co 4 H % pf 100
16,000 West Virginia Pulp & Paper..*
212,900 Western Auto Supply Co
10
115,900 Western Maryland
100
28,900
2d preferred
100
52,800 Western Pacific 6% pref
100

2,300

30

14

45,200
Class B
"
20,200
7% preferred
100
983,300 Warner Bros Pictures
5
12,240
$3.85 conv preferred—
200,000 £ Warren Bros
*
11,400
Convertible preferred--.--*
950
$1 1st preferred
1
62,500 Warren Foundry & Pipe
*
58,100 Waukesha Motor Co..
5
62,200 Wayne Pump Co..
1

"*9",300

"

Sale

Sale

65*

34,200 JWabash
—
100
39,500
Preferred A
100
1,300
Preferred B
100
52,700 Waldorf System...
*
68,200 Walgreen Co
*
9,900
45*% preferred with warr 100
436,700 Walworth Co
*
96,600 Walker (H) Gooder & W Ltd.*
27,300
Preferred.- km-mrcK';-—-

11,200

10,500
76,800
21,800

Sale

.

30

"4" loo

Sale

43
2

Highest
Sale Prices

555* Jan.

565* Sale
1175* Sale
375* Sale
45
445*

665* Sale

4,840,100 United States Steel
*
170,300
7% preferred
100
89,000 U S Tobacco
*
5,820
7% preferred
25
63,500 United Stockyards Corp——1
32,800
Conv preferred (70c)
*
153,600 United Stores A
5
7,100
$6 conv preferred--.
14,000 Universal-Cyclops Steel
1
17,400 Universal Leaf Tobacco
*
1,980
Preferred
100
5,070 Universal Picture 1st pref—100

Lowest

Ask

Ask Bid

Bid

Sale Prices

Jan. 31

Jan. 2

Shares

266,600
11,100

YEAR 1939

RANGE FOR

PRICES IN JANUARY

Price

STOCKS

In

98

3

J Companies reported In receivership,

Apr.
Aug.
Apr.
May
Apr.
Apr.
Aug.

11 127

24
11
5
8
11

24

Nov. 16

215* Jan.

5

92

Sept. 12
Sept. 30

34

Sept. 27

2§8

Jan.

4

Sept.

6

t Galled for redemption.

RANGE OF PRICES
Stock Sales

1940

January

Shares.

YORK CURB EXCHANGE

1939

3,221,766

1940

1939

January

$40,250,000

$42,020,000

1939

1938

Jan. 1 to Dec. 31

444,497,000

366,984,000

Bond Sates

4,357,245

1939

Jan. 1 to Dec. 31___

NEW

ON

1938

45,729,888

49,640,238

NOTICE—Deferred delivery, under the rule and cash sales, are disregarded In the month's range, unless they are the only transactions of the month,
and when selling outside of the
regular monthly range are shown in a footnote in the month in which they occur.
No account is taken of such sales In
computing the range for the year.
,

AGGREGATE
SALES
Jn

January

Shares

300

1939
STOCKS

3.725
1,300
93,500
45,700
24,500
37,200
3,900
11,300
5,425
13,465

3~,4()0
4,100
4,100
2,100
500

1,000
200
330
600

8,310

200

3,800
7,950
2,400
1,400
3,250

100

400
300

20,850
2,900

1,000
1,200
1,300
400

800

1,600
100

5,100

800
315

50,000
9,500
1,600
950

21,900
18,400
2,300
1,250
25

700
425

2,200
7,100
700

250

1

22

1

6

Mfg Corp com
5
Air Associates Inc common __il

8

Ainswortb

Convertible

*

common

preferred....

Warrants
Ala Gt Sou RR ordinary
Ala Power Co $7 preferred.

Jan.2
Ask

*

11

2%
20

24
Sale
Sale
Sale

Sale

4,655
1,100
500
400

8,200
1,900
31.400
2,150
7,400
2,800
1,700

61%

300
100

260

62,000
6,100
9,700
8,900
520
500

7,300

$3

conv

preferred

100

620
400

2,300
1,200
1,700
500
400

4X

Sale

5%
10X

8*

63%

77 X

100
*

2%
IX

7X

9

2h
1

128
110 X

14%

Sale
Sale

UK

*
*

100

American Book Co
Amer Box Board Co com
Amer Capital Corp cl A

100

58

1

9

1

10c

Common class B

10c

$3 preferred
$5.50 prior preferred

*

-*

115

A*
2X
X

Sale
61
Sale
4

X

22

25

67 X

74

IX Sale

IX

Sale

33 X

29X

"\H

Sale
10% Sale
32 X Sale

116

4%

1
1
Amer Hard Rubber Co com-50

24 X

Sale

Angostura-Wupperman

5

common

90,200 Ashland Oil & Refining Co..l

Atlas Corp warrants
Atlas Drop Forge Co com
Atlas Plywood Corp

tAustin Silver Mines
Automatic Products

see page

53.




Corp

Jan.

9

Mar. 11

Sept. 20

Nov.
Jan.

Oct.

Aug.

10

1% Mar. 31
40% Sept. 26
5
Sept.
1
1% Aug.
7
% Dec. 28
15
Aug. 31
64% June 22
7At Dec. 28

23
13

%

16
16

31
4

Jan.

3

Jan.

10

26

20% Jan.

15

74

2

Jan.

25
3

33% Jan.

26

27

32

Jan.

10
3

12

8
6

31
Sale

26 X

Sale

30X
12X

Sale

33

4

16%
17%
15% Sale

Sale

29

23

20

21

85

68

31% Jan.
11% Jan.

30

X
32

oak
84

7%
5X

73*
15X
3X
IX
IX
12X

Sale

Sale

X
88

7^
Sale

95

98

6X Sale
5X

Sale

Sale

74 X

74

Sale

15%

13%
3%
1%
1%
10%

Sale

Sale

IX
2

13 X

3%
1%
2

13

Sale

7%
5%
5%

%
2%
Sale
Sale

6%
Sale

7%

8%

%« Sale

% Sale

%
5%

Sale
5%

'At Sale
2% Sale
2% Sale
7
7h
96% Sale
6%
7
5% Sale

7%
8%
X
X
X Sale
2% Sale

29

Jan.

3

3

63

70

"3X

50
1

*
...1

5

3

70
Sale

62

101%
2%

30

27

Jan.

12

33

30
3

Jan.

26
5

% Jan.
Jan.

2

%
85%
6%
4%
%
68%
13%
3%
1%
1%
12%

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

15

Jan.

29

55

Feb.

7

'At Jan.

4

75

Jan.

9

17

Jan.

3% Jan.
1% Jan.
1% Jan.
12% Jan.

4

12 115

Apr.

11
16

27

Feb.

6

Dec.

Sept.

3%
2%
3 %
16%

Apr. 20
Sept. 12
Feb.
8
Oct. 25

13
10

24

H

18
12

2% Jan.

18

7% Jan.
'At Jan.
% Jan.
5% Jan.

6
2

11

18
2

10

3

70

3

3%
24

Sale"
'At Sale

2% Sale

2

1% Dec. 22
Aug. 25
107

Sept. 13 114% Dec.
% Sept. 5
% Feb.
1% Apr.
3% Apr.
2
Apr.
3% Apr.
5% Jan.
7% Apr.
78% Apr.
104% Nov.
8
Oct.
4% Sept.
4% Apr.
5% Sept.
16% June
£6 % June

5% Sept. 14
% Oct. 28
% Dec. 27
4% Dec. 27
25

63

2% Jan.

20

Sale6

"fc 15g
1%

1%

&
3
13

%.
IX

5%
a

Jan.

23
22

Sale

14%
X
1%

5%
X
2%
13%

Jan.
Jan.
Jan.
Jan.
lAt Jan.
1% Jan.

15
17
30
25
5

3% Jan.
23% Jan.
5% Jan.
% Jan.
3% Jan.
16

1

1

5% Jan.

13

6

3

3

6% Jan.

X Jan.

Feb.

13

15

'At Jan.

June

1

8

15

Jan.

5% Jan.

7

80% Aug.

18

18

99

11% Sept. 11

12

Jan.

9

5% Apr. 10
4% Jan. 25
Jan.

9

4

2
18

67*

26

22

Dec.

% Sept. 27
99
Oct.
3

19

Jan.

%
2%
2%
7%

1% Mar.

Dec.

Jan.
Jan.
Jan.
Jan.

3

70

33

15

17
17

13

28

% Ang. 25
Apr.
8
Dec.

5% Jan.

Jan.
Jan.
Jan.
Jan.
Jan.

29

June 16

20S

3

10

Mar.
2
Jan.
9
Jan. 17
Nov. 18
Nov. 13

17

24

13

18
18

11
8
18

% Jan.
7% Jan.

19
2

Dec. 28

11

29

97

3

Sept. 11
July 27
Aug.
2
Dec. 14

42

Jan.

36

4

16

13*

15

Nov. 17

Mar. 10
Jan.

17

11

16

15

26% Jan.
Apr.
Apr.
25% Apr.
9% Apr.

%~Jan"

18

32

6% Mar. 31

54

....

5%

4X
Sale

5

15
Apr. 26
Sept. 5 40%
Sept. 11 116
6
May
2

Jan.

"

20

4X
X

8%
29%
110%
3%

Jan.

65

8
6

31% Jan.

22

27

1% Jan.

29

9

2

Oct.

35% Sept.

Dec. 22

'At Aug.
9
2% Nov. 25

102

34

Apr. 10
18% Apr. 10

9

11

12

6
7

18

35% Aug.
2
34% Aug,
2
2% Jan. 19

Jan.

Jan.

7% Jan.

11

24

16% Jan.
29% Jan.

6

Mar.

2% Jan.

29

17

Jan.

Feb.

75

22

6

15

'At
2%
2%
7%
94%

23

Jan.

27

5

9

15

31

114

X
2%
2%

30

Jan.

% Sale

34* 35g

Jan.

34% Jan.
16% Jan.
'At Jan.

15% Jan.
28% Jan.
20% Jan.

80

30

34

6

Mar. 17

% Jan.

41% Jan.

8

16

n

13

Jan.

25

Jan.

7
17

Jan.

June 26

Jan.

2
4

Jan.

25% Apr. 10

1% Jan.

39% Jan.

4

10

7

% Jan.

30

2 115% Jan.
19
3% Jan.

68

Sale
Sale
Sale
Sale

Jan.

31

28 X

IX
8%
X*
X

Jan.

22

20

6X Sale
4X Sale

1% Jan.
45

13

6

3 117% Nov. 16
19
17% Sept. 20

3

Jan-

l~3X ~~3X

11

19

Dec.

94

Jan.
Jan.

3X Sale
25%

Dec.
Oct.

86

36X Sale

Sale

12

21

8 147

9

17

%$
11%
36 X
111%
3X

3
3
26
12
19
16
26
3
9
23
23

2% Jan.
19% Dec.
% Jan.
89% Oct.
101 % Nov.
91% Oct.
2% Nov.
1% Jan.
% Sept.
10
Sept.

18

22

15

110% Jan.
14
Apr.

5

Jan.

11

31

8

,7* ";7-

16X
15% Sale

X Sale
2X Sale
2X Sale
5X
6

5

38% Sale
114

16

109

16

17% Jan.

Mar.

Dec. 12
3

Jan.

8% Jan.

Jan.

J an.
Jan.

6

7% June 28
May 19

90

13

Sale

Nov. 16

22

2 105% Jan.
8 106% Jan.

IX Jan.

31

8

11
9

62% Jan. 12
1% Jan. 23
5
% July
-8 Dec.
11

11

*

RR Co preferred
60
100
70 Atlanta Gas Light 6% pref.100
Atlantic Coast Fisheries
*

Atlantic Rayon Corp

4

24% Sept. 28

17

Jan.
Jan.

33
31
IX

*

American deposit rects
£1
18,600
32,000 t Assoc Gas & Elec common.. 1
Class A
1
296,900
$5 preferred
*
82,700
Warrants
106,600
1,600 Assoc Laundries of America..*

Jan.

40% Jan.

1

Class A non-voting
*
361,300
6% preferred
—10
80,800
2,710 Arkansas, P & L $7 preferred.*

17

8

Jan.

12

_*

Apex Elec Mfg Co common
*
Appalachian Elec Power—
$7 preferred
4,410
*
1
44,500 JArcturus Radio Tube
95,700 Arkansas Nat Gas common..*

Atlantic Coast Line Co

17X

13% Aug.
'At Apr.
61 % Jan.
71
Jan.

27

15

Sale

5

common.

9
10% Jan.
27 al9X Jan.
2 155% Jan.
29 116% Jan.

30

_

19.100 Art Metal Works

Sale

16%

*

Preferred $6 series
American Thread preferred

6

31X Jan.

10

*

12

13

34X Sale
15X Sale
X,
u
11X

26X

Amer Republics Corp com.. 10
Amer Seal-Kap Corp com
2
American Superpower
*

Jan.

13

31% Jan.

25 X
30

6% preferred
25
American Mfg Co common. 100
Preferred
100
150,300 American Maracaibo
*
20,700 American Meter Co
*
400 Amer Pneumatic Service
7,150 Amer Potash & Chem Corp..*

Anchor Post Fence

1

31
2

31X Sale
30X
32%
IX Sale

31X

Sale
Sale
28X

American Laund Mach com .20
American Light & Traccom.25

Jan.

Jan.

June 29

1

4

31

28 X

.10c

preferred $6 series..

Jan.

19X Jan.
138X Jan.
114% Jan.

a

20*

28 X

com

10

Jan.

96% Jan.
2% Jan.

Jan.

c

Sale

1st

18

Jan.

97
Sale
100
Sale
96% Jan.
106 X Sale
105X 107
103X Jan.
1
Jan.
IX
IX
IX
42 X
45
Sale
41
Jan.
44
6X
6X
6X
6X Jan.
7X
2X
3
IX
2X
IX Jan.
X
X
X Jan.
X
20 X Sale
19 X
19% Jan.
70 X
76
76
72X Jan.
X
X
X
X Jan.

Sale

American General Corp
$2 preferred
$2.50 preforred

18*

Sale

16 X

106

Sale Prices

14% July
18% Feb. 10
2% Aug. 24
5
Aug. 24
6% Sept.

Jan.
Jan.

2X Jan.
1

Jan.

6%

10

115

2

American Invest of 111

%

Sale

27

com
*
American Gas & Elec new..10
$6 preferred
*

77% Jan.

Jan.

Jan.

2%
IX

'

Sale

27

Amer Fork & Hoe Co

75

140

15

2

Jan.

X Jan.
74X Jan.

Sale

Sale

25

Conv class A

10 X
20

22% Jan.

IX Jan.
17X Jan.

101

3
IX

24

5%
6%
10%
2%
20%

10

Sale

74

19X
148X Sale

139% Sale
108

American Centrifugal Corp_.l
Amer Cities Power & Lt Corp—

1,275
22,000
97,800
4,800
12,775

«

Sale
Sale

Jan.

4X Jan.
5X Jan.

6X
10X
2X

2

Sale

20

8

com

20,090
470,600
31,475
50,200
8,550
1,025
6,900

1939

Hlgliesi

-

Sale Prices

22 X

Sale

4*
9X
19

Class A with warrants
25
Class B
1
760 Amer Cyanamid com class A. 10
Common class B non-vot--10
498,900
American Export Lines com__l
21,000 Amer & Foreign Power warr

For footnotes

21

20 X

Highest
Sale Prices

93

1%
IX

6% preferred
Ameriban Beverage Corp

Aluminium Ltd

16,850
23,300
60,075

73,800
4,300
16,600
103,600
13,700
39,600
170,300
31,500

19

22 X

*

-

125 Assoc Tel & Tel class A
Atlanta Birmingham & Coast

3,400

Sale

23

...

25 Assoc Breweries of Canada
Associated Elec Industries—

7,500
50,600
12,300

Sale

5X
5%
10X

Lowest'

Lowest
Sale Prices

Ask

22 X
20 X

101

$6 preferred
Alles & Fisher Inc common
*
Alliance Investment common *
Allied International Investing *

6,150 Aluminum Industries

127,500
29,800
489,900
10,950
106,500
25,200
18,500
13,400
15,800

Jan. 31

Aks Bid

tz

50
*
*

130

"

Bid

...............

33,950
6% preferred
10,200 Aluminum Goods Mfg
99,160
7,650
22,400
2,250
31,800
1,600
10,900
4,800
1,050
121,200

Bid

10

Class B

Allied Products Corp com..-10
Class A
25
137,250 Aluminum Co common
.*

425

3,900

Acme Wire Co common
Aero Supply Mfg class A

1,445

500
100
6.950
550

Par

t Air Investors Inc

YEAR

Jan. 3

1939

Shares

"

RANGE FOR

PRICES IN JANUARY

Price

NEW YORK
CURB EXCHANGE

12 Months

4
4

9
3
8

Jan.

4

% Jan.
1% Jan.

15

11

Aug. 22
96% Jan. 23
2% Apr. 11
17
Apr.
8
3% Feb.
% Apr.
2% June
11% Sept.
'At Apr.
1% Dec.

4

11
15
1
14
20

10

Mar.

% Jan.

26
17
22
22
22
29
6

6

13
6

3

1% Jan.
3
11% Mar. 10
'At Jan.
3
% Jan.
3
2% May 123

68% Dec.
98

Feb.

4%
31%
9%
1%
5%
25%

Sept.
Jan.
Sept.
Sept.
Sept.
Jan.

% Jan.

,

3

9
3

13
4
14
5
22
12

9

Apr. 29

YORK

NEW

42
AOOREGATE

Price

NEW YORK
In

Shares

Shares
:

i

;;

I

2,200
400
75
375
800

■

52,700
1,150
600

5,400

i

3,300
17,100
600
300

1,700
1,600
1,300
32,300

15,600
19,400
1,750
925

630

180
1,800

6,900

100

4,200

820

175
200
150

1,600

"""700
"""200
150

5,900

-

3,900
4,200
*4,100
200
90

3,400
1,600
2,200
200
400

6,100
6,400

74,800

2,400
10

800

400
250
100

50
700

1A

Telep Co of

6

li

7Yi
4

4
4

Sale

8% Sale
50

20

Sale

""4% "6~"
4

5%

13

64
64

Jan.

123

45

40

Jan.
Jan.

41

12%

14%

13 H
38
6 4

14*
38 4

14

14 4

38

29% Jan.

10

15% Apr. 29
4
Apr. 10
5
Apr.
8
% Oct. 23
% July
6
7% Jan. 25
4
May 24
4% Mar. 31
1% Sept. 6
17
Oct.
4
20
Oct. 23
3% Apr. 10
2% July 27
10
Sept. 12

28% Sept. 27
9% Sept. 27

Jan.

3

Jan.
Jan.
Jan.
Jan.
Jan.
Jan

3
23
6
15
9
3

Jan.
Jan.
Jan.

6
6
9

19

6

22

74 Jan.
22% Jan.
7% Jan.
3 136
Jan.

15

22

Jan.

15 124
4

43% Jan.
46
Jan.
% Jan.

2

14% Jan

3

74

22
29

~16K

82,200 Blue Ridge Corp common... 1
$3 optional conv preferred.*
15,900
*
8,700 Blumenthal (S) & Co com
5,000 Bohack (H O) Co common...*

100

25

Sale

l%
lh
37%
394
7%
,8%
2% Sale
22
23%
Sale

10

3%

Sale

20

*

3*A
8%

Sale
Sale

1

8

Sale

1

12 4

Sale

31%
35%
74 Sale

150 Bridgeport Gas Light Co...
74,200 Bridgeport Machine com...

71

Preferred

22,500 Brill Corp class A
Class B
14,500
.100
7% preferred..
7,070
Brillo Mfg Co common
6,600
Olciss A
1,620
British-American Oil Co—

14
28 4
11

Sale

Sale
32
115*

14
40 4

64
24
26 4

64
34
30
284

27

Sale

17

27

5

6% Jan.

25

11

6

Jan.

134

12% Jan.

20

15

Jan.

4
4

14 Sale
414
42
74 Sale
2
24
27 4 Sale
33
33 4.
54
5%

1% Jan.
40% Jan.

17
3

A°A

Jan.

13 4

IK Sale
AH
6

7

11% Sale
354

374
Sale
55

3

24
14
28 4
12

3
14
294
12 4

6

Jan

14 Jan.
26% Jan.
28% Jan.
5

Jan.

42

10
4

3
2

1

% Jan.

7% Jan.
1

Jan.

7

Jan.

5
18
12

A

Sale

6

12% Sale
36

Jan.

Jan.

8
12

2% Jan.

30

54 Jan.
10

Jan.

8
11
30
9

Jan.

9

1% Jan.
Jan.
8
6% Jan.

12% Jan.

Sale

1

31
12 4

344
124

26
29

300

Amer
British

400
"

1,700
1,000
400
800

"24",600
200

2,050
8,300
1,600
0,500
900

900
300
600

dep rets ord bear. .£1
.£1
dep rets ord reg

Amer

5

2% Jan.

30

1

3

3% Jan.
Jan.
2% Jan.
1% Jan.

24
11

Jan.

22

49

5

Jan.

31

29% Jan.
12% Jan.
30% Jan.

12
3

31

12% Jan.
Jan.

3
3

3

31

Class A

""*"75

(EL) Co
5
Buckeye Pipe Line
50
Buff Niag & East Pow pref.25
$5 1st preferred
*
Bunker Hill & Sullivan—2.50
Amer dep rets—
Burry Biscuit Corp
-_12%c

Burma Corp

11,800
100

pref. ..£1

"6",600
400

3,900

800

1,300
2,000
,

610
320

24,200
200
500

100

9,000

dep rects 54 %
2,000
-20
19,600 Calamba Sugar Estate Co..
5
25 Camden Fire Ins Assn—..
.25
3,025 Canadian Car & Fdy pref.
Can Indus Alcohol class A
B

non-voting

Canadian Marconi Co

..*

-II

1,400 Carman & Co conv A stock..*
Class B
*
5,700
—*
17,000 Carnation Co common
71,600 Carnegie Metals Co common. 1
4,390 Carolina Pow & Light $7 pref.*
$6 preferred
*
1,570

1

Corp common

1

Carter (J W) Co common
Casco Products

Jan.

3

3% Jan.

4%
32%
30%
6%

14

5% Sept. 1
3% Sept. 1
4% Aug. 24
17
25
6
24
23
10
20
4

36
7%
77
4%
2%
39
13%
32%

Jan.
Aug.
Dec.
Aug.
Aug.
Apr.
9% Jan.
29% Apr.

2%
52%
14
%
21%

5
3
Nov. 3
Nov. 20
Nov. 24
Nov.

17
Jan.
4
Jan. 18
Mar. 10
Feb. 23
Jan.
3

Jan.

3

24%
5%
12%
11%
12%

Dec. 20

Nov. 15
Jan.
3
Mar. 15
Jan.
5
Sept. 22

Sept.13
7
9

June

June

23

18 4

20%
20%

20%
20%

18% Jan.
18% Jan.

15

20% Jan.
19% Jan.

29
18

13% Sept. 21
14% Sept. 29

24

18%*

Sale
204

2

234

%

14

14

14

1%

14

1 % Jan.

13

1% Jan.

25

Jan.

23

4% Jan.

2

27% Jan.
4% Jan.
18% Jan.

3
10
5

%
21%
7%
3%

18

Sale

27

21

74 Sale

24
Sale

6

15 4
27 4

154

Sale
20 4 Sale
1064 Sale
15
Sale
2
24
24
3

44

Sale

Sale

23

4%

1%

1%

2

4

4%

4*4

22

10%

11%
Sale
Sale

28
22

13% Sale
2%
2%
1%
1%
"

1%

8

1% Jan.

15

Jan.

16

11% Jan.

26
2

4% Jan.
11% Jan.
35
Jan.

4
26
31

15

22% Jan.

28

Sale

21% Sale
12%

13
Sale

Sale

34
164

174

3%
44
17% Sale

3%
15%

33

34

22%
Sale *
3%
3%

Jan.

20% Jan.
103% Jan.
12% .Tan.

19

19%
6%
2%

Jan.

23

1

Jan.

31

% Jan.
% Jan.

11

10

4

"24 "34
24

34

1

14

Sale"
134
3
24

4
88
82

30

44
244
Sale
894
Sale

20% Sale
6
64

20,400 Cent Ohio Steel Prod—
6,035 Cent Pow & Light 7% pref.100

15

234
44 Sale

90 4

Sale

44

34

20%
6%
2%
2%

Sale

1

9% Sale
1% Sale

22%
5

64

38%

90
8

914

14
Sale
84
93

39

100

Sale
Sale

92

Sale

13 %

74
10%

Sale
74
11

20

Sale

2%

2%

21%
Sale
2%
2
2%
% Sale
9% Sale
1
1%

Jan.
14% Jan.
2% Jan.
1% Jan.

% Jan.
% Jan.

3%

3%
Sale
Sale

14%

14%

5% Sale
85

Sale

31% Sale
15%
16

97%
8

Oct.

1% Sept.

19% Sept. 26
3% Apr. 10
24% Jan.
4
% Apr.
8
78

17

3
11

8% Sept. 5
5% Feb. 23
9
Apr. 11
17
May 17
2% Aug. 23

25
16

3% Jan.

8

Jan.

30

5% Jan.

25

97% Jan.
99% Sale
97%
7 4 Jan.
8
Sale
9%
Jan.
10S
110
109% 110

2% Sept.
15% Dec.

85

8

Jan.

Jan.

1

1 % Mar.

31

10

2% Jan.

14

5 111

4
2

31
31% Jan. 31
3
15% Jan. 30
Jan. 10
3 109
9 100% Jan. 29
18
8% Jan. 26
3 115
Jan.
8
85

Jan.

Feb.
Jan.

76
3

8,100
6,900
300

175

525
75

92,200
153,600 Central States Elec common.
7% preferred
100
8,600
6% preferred
100
15,848
Conv preferred
100
1,925
Conv pref opt ser 1929—10.0
4,350
101,200 Centrifugal Pipe Corp
Chamberlin

300
450
125




53.

a

11

14

4

Sale
104

2

Jan.

22

2% Jan.
2% Jan.
2% Jan.

30

yt Jan.
8% Jan.
2% Jan.
2% Jan.
2% Jan.

Sale

Sale

7

2%

44 Sale
44 Sale
44 Sale
44 Sale

Sale

2

2%

2%

3

6

31
29

Sept.

.5
10
5

64 Sale
54
64

4
74 Dec. 12
15% Apr. 14
26
Sept. 11
4% Jan.. 3

Dec. 29
Mar. 11

Aug.
13% Jan.
90
Apr.
85
Apr.
6% Aug.
85
Jan.

Oct.

6%

4%
7%

3%
6%

4%
7

3% Jan.
6% Jan.
13
Jan.

4

Jan.

25

7

13

Jan.

11

Jan.

10

15

10

20

2
114% Dec.
97% Nov. 15
11
Sept. 12
112

Dec.

11

3% May
4

5

21% Jan.

17

9

2

6

Nov. 9
Dec. 12
Dec. 11

112% Nov. 17
Sept. 12

% Dec.
8
% Dec. 20
7
June 30
2% July
5
2
Dec. 13

Jan.

8

Aug. 16
94% Aug.
1

Feb.

Metal Weather

Strip Co
7,400
4,100 Charip Corp common
1,275 Cherry-Burrell Corp com

For footnotes see page

14
4
94

% Jan.
4 Jan.

Sale

2

3 102

16

Apr.
June

48

24%
5%
39%
1%

Dec. 12

Central & Southwest Utilities—

50c

5
4
7

May 25

18

96% Jan.

8

Jan.

17

2

19
5

Jan.

Jan.

25

18

106% Jan.

109

15

15% Jan.
7% Jan.
11
Jan.
20
Jan.

3% Jan.
69% Jan.
20% Jan.

9

Dec. 22

Sept.

1% Sept.

23

Jan.

Mar.

9% Dec. 22

12% Jan.
7% Jan.
10% Jan.

105

3
4

Mar. 23

% Oct.

6% Jan.
39% Jan.
P2 Jan.
2 106
Jan.

16

Jan.

Feb.

15

Jan.

19

13% Sale
7%
7%
10
11%
17% 20
2%
2%

Jan.

2

Jan.

38

34%
23%
100
Sept. 12 107%
20%
11
Apr. 11
1% Sept. 27
1% Aug. 24

22

22

5
12

7%
39
4

8

1% Jan.

30

A Jan.
105
105% 100% Jan.
96% Sale
92% Jan.

A

Sept.

Dec.

Jan.

5 j% Jan.
Jan.

6%
38%

6
17

7

26% Sept. 5
19% Apr. 11

Apr.
Aug.

1

1

42

2
3

24

8

4% May 29
May 29

18
10

9 % J an.

22

4 Jan.

24

Oct.

22

3
16

12

1% Oct.

19% June
4% May
1% Apr.

2

Jan.
7% Jan.
2% Jan.

2
29

Dec. 15
Dec. 15

1 % July 26
June 13
29% Dec. 13
7% Jan.
3
25
Aug.
1

28

4% May 24
x25
Sept. 8
22
Oct. 25
33% Mar. 3
8% June 19
4
Sept. 12
3
Oct. 28

17% Jan.

17% Jan.
21% Jan.
6% Jan.
2% Jan.

Feb. 16
Oct. 17
Mar. 31

Feb. 28
22% June 27

2% Apr.

11
11

25

23

Sale

107
72
21

134

24%

4%
16%

17

26

30 108

2

VA
1

.«

5

1% Jan.

35

4
4

%

Jan.

2

2% Sale
10%
11%

A

A

14

430 Cent Maine Pow 7% pref. .100
7,960 Cent N Y Pow 5% pref....100

Common

9
2

214
214

21

1st
2,940
preferred part
*
$7 dividend preferred
4,675
19,500 Cent Hudson Gas & Elec com.*

575

8
2% Jan.
3
17% Apr. 10

22% Mar. 1
22% Jan. 20

*

590

1,860
1,700

10

4% Apr.

16% Oct.
17% Dec. 18

10
1

Castle (A M) & Co
Catalin Corp or. America
Celanese Corp of America—

1,925
3,800

40

Apr.

1 % Sept.
42% Aug.
9
Jan.

13

lo

-1

7% 1st partic preferred—100
18,935
15
II,200 Celluloid Corp common

1,100
2,000

19% Sept. 22

Apr.

19% Jan.

*

Carrier

4

4

Capital City Products....
.25c
113,300 Oarib Syndicate com

222,800
8,200
15,700
1,650
92,600

Dec.

6

18% Jan.

•

Canadian Colonial Airways

8

9% Sept. 28

19

,50c
7,800 Cable Elec Products com...
50c
Voting trust ctfs
24,900

82,000
10,100
1,500
228,600
5,025

June

18%

Cables & Wireless—

100

40

4 Apr.
34

3

Mar. 21

134

18

Bruce

Am

8

5

Jan.

174

preferred

1
21,300 Brown Forman Distillery
$6 preferred
*
J 750
91.800 Brown Rubber Co common.. 1
4,700
9.500
70,150
13,450
86,500
4,000
9,900

Jan.

17

214
214

Celanese-Ltd—

10s
Am dep rets ord reg
625 British Col Pow class A...
100
26,750 jBrown Co 6% preferred—
Brown Fence & Wire com. ..1

5,200

21,200
2,300

15
31
15
14

21

21

Coupon stock (bearer) —
Registered..
Ltd-

13,900
2,000

176% Aug.
124
Aug.
45
Aug.
48% Aug.

32
Jan.

49

British Amer Tobacco

1,200

4
3
16

Dec.

6

23

10% Jan.

Mar.
4% Sept.

1

22

Jan.

11% Nov.
36% Jan.

% Sept. 2
5% Dec. 20

Jan.

8

38

.

24 Sale
44%
45
24
24

5

Jan.

10

Jan.

Jan.

Jan.

2

9

Jan;

8%
2%
27%
35%
5%

9

14
74

4
74

5% Feb. 23

x34
25

Feb. 23

% Dec.
A Aug.
13

3
3

Jan.

15% Nov. 10

Jan.
Jan.

10

Dec. 30
Jan.

40

Oct.

16

Jan.

4 Sale
64
84
1%
14

49

75

4X4.

14

14 h

40

5

4

1% Sale

100
*

144

120

Feb.
4
Jan. 31
Jan.
6
Mar. 4
Sept. 15

2

118% Apr.

24

5

50

4% Aug.

64 Jan.

7

7%
1%
1 %
10%
9%
12%

Aug.

15

38 4

54

4% Sept. 11

3% Aug.

3
31
4

4

~"7% Sale

common—~

411,9001 Brewster Aeronautical

4

2

Jan.

13% Aug. 24

25

Jan.

14

5

25""

A Jan.

45

A Sale

Jan.

4% Jan.

19

12324 124

122% 144
37 4
40
45
Sale

52% Dec. 30

17

%
%
10%
7%
13%

Jan.

132

17%

13
11
11
15
11
4

35% Sept. 6
2% Aug. 17

2

8

4
3

64 Jan.
17% Jan.
64 Jan.

Sale
Sale
Sale

22

Sale

.

% June 28
1% Aug. 25

8

7

54 Jan.
44 Jan.

64

54
15

8% Jan
8% Sept.
22% Sept.
18
Aug.
3% Sept.
4% Nov.

5
2% Apr. 11
Apr.
6
14
Sept.
8
15

26% Jan.

Jan.

20

43

1% Jan.
4% Jan,
Jan.
3% Jan.

Jan.
Jan.
Jan.
Jan.

30

*

32,500 l Common
12,300 ; 7% 1st preferred
2d preferred
28,400
93,400 Brazilian Tr Lt & Pr ord
188,800 Breeze Corp

24
13
17
23
19
5
19
15

30

12

Sale

7%

122

14 %

*

2,620
7,525 Borne Scrymser Co
13,700 Bourjois Inc..
Bowman Biltmore Hotels—

22

21

53

44
15

44

20

Sale

120

$2.50 conv preferred
*
Birdsboro Steel Fdy & Mach.*

7% 1st preferred

22

25

74 Sale

7% Sale
36% Sale
10

5

Furniture Co..l

-238,000 Bliss (E W) & Co

19

25.

21
54

12 4

15

Sale
14

Canada.-.100

125 Blauner's common

Jan.

Jan.

%
94
64
104

Sale
7

11%
14

nVA
23

20

-1
common...1
common.-.1

Bickford's Inc common

6,700
I,320

64
Sale8

4

Purchase warrants

330

ji

6

74
74
12 4 Sale

Sale

2

Bell Telep of Pa 6% % pref. 100
Benson & Hedges common...*
Convertible preferred
—*

Berkey & Cay

53

23

54 Jan.
64 Jan.
A Jan.

64 Sale

6

10

Beech Aircraft Corp com
Bellanca Aircraft

Jan.

23
3
6

47*

204

194

7% Sale

YA

"6% "6%

20

$1.50 conv preferred

12

Jan.

Jan.

54 Sept.

5
8
23
12
9

194 Jan.

a

Sale

•

64 Jan,
6% Jan.

Jan.

uiU

14
14
34 Sale
50 4 Sale

21% Sale

8% Sale

Co com
1
Bardstown Distillery Inc.——1
Barium Stainless Steel
—1
Barlow & Seelig Mfg class A.-5
Basic Dolomite Inc common..1
Bath Iron Works Corp
1
Baumann (L) & Co com....*
7 % 1st preferred
100
7% 1st pref vot tr ctfs—100
Beau Bremmell Inc
1
Beaunit Mills Inc common.. 10

Bell Aircraft Corp

Sale

22

30

Highest
Sale Prices

17
Jan.
15% Jan.

3

Purch warr for common

Bell

15

Sale

514 Sale

28 %

Lowest
Sale Prices

24 4 Jan.

3 4

3% Sale

Baldwin Rubber

387,600
197,700
184,400
2,310
1,645
4,600
2,550
55,200
27,400
15,460
1,17 ~
17,40'

16*

20
18

17

16%
14

144
14

*

7% preferred

1,800

6

54

18

16

Collieries

116,700 Babcock & Wilcox Co
Baldwin Locomotive—
26,750
398,100
18,400
17,200
134,700
6,250
33,300
213,500

Sale Prices
54 Jan. 29
Jan. 12

Ask
5 4 Sale

Ask Bid

gg

Highest
Sale Prices

Lowest

Jan. 31

Jan. 2
Bid

(Continued)
Par
Auto Voting Machine com.—*
Avery (B F) Sons Co
-5
6% preferred with warr—25
6% preferred ex-warr
25
STOCKS

1,200 Ayrshire Patoka

30

523

Jan. 3
1939

Purchase warrants..
10,400
510,900 Aviation & Transport Corp..
9,990 Axton Fisher Tob class A...10

500

9,900
12,000
6,500

„

EXCHANGE

CURB

12 Months
1939

YEAR 1939

RANGE FOR

PRICES IN JANUARY

SALES

January

EXCHANGE

CURB

3% Aug. 25
5% Jan. 23
x!2
Apr. 20

1 % Jan.

20

% Sept. 14
Mar. 11
5
Mar. 11
5% Feb.
9
4% Jan. 19
4% Jan.
3

14

7% Jan.
4
7% Nov. 21
15

Jan.

24

NEW

FEB., 1940]
K

CURB

IORK

AGGREGATE
4
SALES

Par

5,850 Chesebrough Mfg
-.-25
23,900 Chicago Flexible Shaft Co—5
11,700 Chicago Rivet & Machine
4
26,400 Chief Consol Mining Co
1
16,675 Ohilds Co preferred^
100
Cities Service com\non.Preferred

10
*
*
*

Preferred B

Preferred BB
Cities Serv Pr & Lt $6

pref—*

$7 preferred--_City Auto Stamping Co
City & Suburban Homes

*
*

Bid

Ask

Bid

110

133

128

Sale

72
9K
x
23 X

7K Sale
Sale

Ask Bid
111
Sale

Sale
10
h
Sale

57 X

"_7K ~"s"
K
58

Sale

50 K
4

4K

Sale

58
6
60

50^

5X

82

Sale

86

Cleveland Elec Ilium com
*
Cleveland Tractor com
*
Clinchfield Coal com
100
Club Aluminum Utensil com.*
Cockshutt Plow Co Ltd--.--*

36

37 K

Sale
5X Sale
2
2X

43 X

3

*

7K Sale

8X

85,800 Colon Development Co Ltd-Is
6% convertible preferred £1
6,200
77,500 Colorado Fuel & Iron warr
43,950 Colt'8 Patent Fire Arms Mfg 25
Columbia Gas & Elec Corp—
5% preferred
100
10,750
313,600 Columbia Oil & Gas com---—1
175 Columbia Pictures Corp
-*
Commonwealth & Sou Corp—
WftrrEHts
367,100
8,875 Commonwealths Dlstribut—1
20,125 Community P & L $6 1st pf-_*
Community Public Service—
Common
25
31,725
1
12,700 Community Watsr Serv
Compo Shoe Machinery—
V tcext to 19461
14,300
Conn Gas & Coke Security—
25
$3 preferred
*
1
13,400 Consolidated Biscuit Co
58,150 Con Gas E L & P Bait com—*
4K% series B pref
100
1,910
----1
50,400 Consol Gas Util com
5
18,400 Consol Min & Smelt Ltd

3K Sale

IX
4X
6X

Cohn & Rosenberger com

1
24,700 Cons Retail Stores Inc com
490
8% preferred—
100
15,500 Consol Royalty Oil
10
123,800 Consol Steel Corp common.--*
4,100 Cont'l G & E 7% pr pref--.100
8,000 Continental Oil of Mexico.
58,100 Cone Roll & Steel Fdy com.—*
<*
7,710 Cook Paint & Varnish Co

46,000
1,880
3.300
1,100
5,300
41,300
1,360

83

Sale

Sale

3K

Sale

64
2X

Sale
Sale

-—*

Cosden Petroleum com..

1

5% preferred

50

Courtaulds Ltd
£1
Am dep rets for ord stk reg
com
5
Crocker Wheeler Elec Mfg__
Creole Petroleum

Sale

%

Sale

28

25c
7% conv preferred
25
Crystal Oil Ref Corp com..-.*
S6 preferred
10

Cuban Tobacco
Cuneo Press

*

common

*

com-

5
*

-1
35
1

Detroit Mich Stove Co

--1

Detroit Steel Products
200 De Vilbiss Co common

7% preferred
2,675 Diamond Shoe Corp com
800 Distilled Liquors Corp

10
*
5

100

40 Dominion Textile Co com
200 Dominion Tar & Chemical

Jan.
Jan.
Jan.

5% Jan.
6X Jan.
16K Jan.
X Jan.
4% Jan.

22

Jan.
Jan.

24

Jan.

10

23

Jan.

4

Jan.

23

16 K Jan.

11

4

Jan.

3

4K Jan.

4

11

30

11

64

Jan.

2

67
Sale

Jan.
Jan.
Jan.

45K
6K
2K
3K

Jan.
Jan.
Jan.
Jan.

4
11

8K Jan.

9

4

13

2K Jan.
4K Jan.
6K Jan.

2X

£

Sale

Sale

353

17 X

.

41K

Jan.

83
2

Jan.

70

Jan.

8

26

2K Jan.

29

8

Jan.

4
11

Kb Jan.
IK Jan.
41,
Jan.

15

X Jan.
IK Jan.
44K Jan.

15
11

Jan.

22

37K Jan.

26

23

17X

17K Jan.

9

17K Jan.

24

1
6
8
6

26

234

17X

5K Oct.

Jan. 11
Aug. 22
July 31
Jan.
3
5
Apr. 29
7K Jan.
3

Jan.

4
3

55X Jan. . 3
IK Dec. 20
7K Sept. 26

3

Ke Apr. 22
% May
3
Apr.
8
Sept. 18
Kb June 22

13 X Apr.

11

Jan. 30
2K Dec. 30

37

Jk*
72

c

Sale

3
2X
3K
3X
79
Sale
Sale
78X
117
117K 118K 120
IX Sale
IX Sale
IK
38
37K
36X
37X 37 X

2X
81X

117

"'M Sale"
59K

59 K

6

Sale

3X

3X

1K
6K

IX
Sale

IX
5X

IX
Sale

81U

84..

3

Sale

Jan.

12

3

Jan.

Jan.

18

83

Jan.

4

5 119K Jan.
2
IK Jan.

23

Jan.

12

Jan.
Jan.

4

39K Jan.

5

Jan.

19

3K Jan.

24

IK Jan.
4K Jan.

4

IK Jan.
5K Jan.

4

3

25

*
1
*

10

100

10

*
89,500 Eastern Gas & Fuel Assoc
6% preferred
100
77,800
4K% prior preferred
100
51,375
3,300 Eastern Malleable Iron Co. .25
30,400 Eastern States Corp com.....*
$7 preferred series A...
*
6,650
$6 preferred series B
*
10,350

14

9

95

97%
So*

X

U

9n
8X

7%

7

9

0

Sale

%
6
6X
10X Sale

9X Sale
5

16K

Sale

Sale

a

4X Sale
16

16K

X
IK

1

72

73

IX
9%

23 K

22 X

7K

5X
X
IX
IX
X

Sale
Sale
Sale
2X
2

7X

8

IK

VA

Sale

K

7?* 7§*
Ix lx

90

20 K

IX
12

261

5X
5k
'A Sale

1»
2

„

Sale

7K

11

31
4

Jan.

18
12

6

9K Jan.

8K Jan.

22

25

Jan.

31

4K
15K
K
IK
70
IK
9K

Jan.
Jan.
Jan.
Jan.

12

7K
20K
5K
K

Jan.
Jam
Jan.
Jan.

22
11

19

Jan.

27

Jan.

13

IK Jan.
7K Jan.

18

11

Jan.

IK Jan.

Sale

23

Jan.

X Jan.

X

25

5X

IK

Sale

5

90

Jan.

98

2

Jan.

8

K Jan.
7X Jan.
10K Jan.

4

10K Jan.
25X Jan.

3
5

5

8

Jan.

2

16K Jan.
X Jan.

2

24

IK Jan.

11

74

Jan.

IK Jan.
10

Jan.

5

2

20

15
6K Sept. 23
5
Sept. 11

3K Mar. 11
8K Oct. 27
9K Dec.
5
4

Jan.

74 K May 13

4K Jan.
14

Jan,

% Aug. 14
IK Aug.
1
Dec. 20

45

Dec. 23
K Jan. 20

35

17 K Dec.

13

Jan.

30

37

6K Feb. 24

Jan.

2K Apr.

1

Jan.

6

Mar. 31
98
Aug.
1
Sept.
IK Jan. 11
3
8
Sept.
Apr. 10
7 100
Dec.
84
Jan.
X Mar. 23
K Sept.
4K Aug. 24 13 K Sept.
July
8K Sept. 15 11

4K
15X
3K
10X
K
IK

Apr.' 11

Jan.
June
Apr.
Sept.
Sept.
70
Aug.
X Mar.
4
Apr.

26
30
10
12
1
23
31
1

9

7K Jan.

3

4K Sept. 14

22 K Jan.

11

6K Jan.
K Jan.

4

2

16K June 30
4K Aug. 23
X Dec. 26

2X Jan.
7K Jan.

17

IK Jan.
18K Jan.

18

9
2

26

8

IK Dec. 29
IK Apr. 10
Sept. 21

6

6

K Aug. 23
14

Jan.

6

2K Jan.

3

19
7
Feb. 28
2K Aug. 23

A*

49

A*

2X

3X

3K

2K

Jan.

2K Jan.

12 111K Jan.

29

45K Sept. 12
107K Sept. 27

19

3

Jan.

6K Jan.

7X
15

7K
14X

7
2

7K
14*/$

\X
2

Jan.

19

50

111

16
25

7

Sale
27
Sale

4 K

17 X

4X
Sale

it* it*

19

Sale

18

19

Sale

8H
15H

IK
Sale
Q

2X Sale
30
Sale

28K
29K
7K Sale
4K Sale
IK Sale

31X Sale
7K Sale
4K Sale
IK Sale
40

50

16X Sale
16K
17
IK Sale
IK
IK
1
IK

1 ?*

jg

3

4K Jan.
17K Jan.

11

17
29

Jan.

15

5

6K Jan.
4K
17K
19K
31X

"~3

Jan.
Jan.
Jan.
Jan.

9
24
5

Jan.
Jan.

12

8

Jan.

3

4K Jan.

10

4K Jan.

2

IK Jan.

31

2

3

7

5

Jan.

16

50
11

10

Jan.

24

18

16K
IK
IK
K

Jan.
Jan.
Jan.
Jan.

12

19

IK
IK

18
13

10K
17X
IK
IK

Jan.
Jan.
Jan.
Jan.

2

17
2
4

Sale

19

o

\V*

Sale

3

1

Jan.

3

Jan.

31

22

Jan.

2

26K Jan.

22

8

26K Jan.

17

26K Jan.

8

IK Sept. 6
Apr. 10

6

3K July
14K Jan.
9

23 X Dec.
5
Apr.

1K

3

8

9H

29 K

25 K

IK

IK

IK

14K

13 K

12K
8

12" T2~K

Sale

4K

5

27

28

Jan.

15

IK

14 K
7K Sale
4K
5K

9

12

4
11

12K

11X

Sale

8K Sept.

17

IK
3K
90
2K
13

7K July

76

77

77

19K

21

29

31

27

IX Sale
65
68
1H
2X
5

6K

Sale

7

14 X

Sale
IX Sale

75

X
2K
6K
12

a

X*

Sale

1

2K
7
Sale

12

Sale

3K Sale
19K Sale

24 K

Sale

44

1

17 X
17

Sale

IX
20

18^ Sale^

19

17 X

Sale

IX
77

X
2K
7K
10 h

3K

78

29 X

Sale
Sale
Sale
Sale

Sale
Sale
Sale
Sale

19 K
44

Sale

X
16K
16 K

1
19
18

77

3

Jan.

4

78

Jan.

Jan.
Jan.
Jan.

11

29

Jan.

4

22 108 K Jan.

22

31

11

Jan.

2

1X Jan.
Jan.
77

Jan.
Jan.
Jan.

23

IX Jan.
2K Jan.
7K Jan.

21
24

June 19

Aug. 24
K July 12
17
Sept. 5
22K Nov. 15
1

14

1K Nov. 20

10X Jan.
2K Jan.
18K Jan.
42K Jan.
10
Jan.
K Jan.
16K Jan.
16
Jan.

29

12K Jan.
3K Jan.
22 X Jan.
48
Jan.

18

15
15
4

29

Mar. 22
9

Jan.

30
13

27

IK Sept. 6
8K Sept. 11

7K Jan

4

18X Mar. 29
19 K Dec. 22
30 X July

12

27

Nov. 22

3

Sept. 11
2K Jan.
4
2K Sept. 11
31K Jan«
6
29 K Apr. 26
10
Mar. 22
2

31

Nov. 24

8

11

3

8K Dec.
8
9K Mar. 31

15
Aug. 25

30

Jan.

27

64

19

July

17

62

Apr.

19

Jan.

14K Sept. 11
May 10
5K Nov. 6
83
Oct. 21

10
Apr.
8 33 K Oct.
105 X Aug. 19 110
Dec.

IK Apr. .11
61X Sept. 1

79

Dec.

25

2

Jan.

K July

8

2K Dec. 14

8

5

Mar. 31

8

1

8

6

Apr. 25
Apr.
8

8

16

ipr- Ai

June 15

Jan.

4

18

% June 29

20

19

22

10K Apr. 14
10
Aug. 24

Jan.

111K Aug. 30

21K Feb. 21

Dec.

K Jan.
19 X Jan.

10

18

28

Sept. 7
4K Jan.
4
56 K May 29
11

IK Nov. 17

3

2

13

July

Xt July

18

11

9

27X
108K
IK
75
X
2K
6K

29

28
Sept. 11
9K Jan. 16
K Mar.
3
3
Jan. 21
3
Feb. 17
11
July 31

17 K Aug.

1

60
67 X

June 12
Mar. 15
Mar. 15
Sept. 6
Sept. 5

12K Dec.
4
3 X Apr. 27

13X Jan.
8
Jan.

12K Jan.

8

18 K Nov. 21

7
Apr.
13 K Jan.

4

11K Jan.

26

8K Aug. 15
6K Feb. 23
2K Sept. 6
45X Sept. 5

26 K Aug.

11K

4

9
27

Aug. 29
IK Aug. 26
35 X June 15

IK Apr.
13X Jan.
7K Jan.

15
6
11

4

10
28 K

Apr.

3

17
11
11

13 K Sept. 25
27K Sept. 25

Kb Apr.

7

21
23

14
84 K Aug.
1
Sept. 21 121K June 22
X Apr. 12
IK Oct. 13
8
35 X Dec.
60
Jan.
4

71

15

25

6

4K Aug.
9
9K Sept. 26
96K Sept. 14

Ill

22
4

7

44 K Dec.

86

IK

19

Sept. 11

34X
3K
IK
2K

1X Sept.
4K Oct.
Apr.
70
Apr.

14

Dec.

6K Nov. 29
20 K Mar. 14
6
IK Jan.

K Nov.

%
Sale

62 K Dec.
Dec.

IK Apr.

4

19

108
112

15 X July

4

6

Dec.

6K Dec. 13

4
July
4K Jan.

11

7X Jan.
IX
4X
5X
77

9

23

8
IX
4X
5h
80

k

31
30 100

9K Feb.
66

3K Feb.

5

5,400 Durham Hosiery cl B com
59,500 Duro-Test Corp common
21,709 Duval Texas Sulphur




37
Mar.
53 K Jan.
55
Jan.

52
89

16
2

65

100
1

53.

4K Nov.

3
24

43 X Mar.

Jan.

Jan.

34 X

15K

*

13,400 Driver Harris Co common
7% preferred
50
29,050 Dubilier Condenser Corp
3,875 Duke Power Co

see page

3

58 X Jan.

24

__

3,105 Draper Corp..

204,700 Eagle Picher Lead Co

Jan.

15
10

Jan.

41

14K

Distillers Co Ltd—
Am dep rets ord reg
£1
1,900
87,400 Divco-Twin Truck Co com—1
1
5,900 Dobeckmun Co common
275 Dominion Bridge Co
*
20,400 Dominion Steel & Coal B—25

30

3

10

*

2

Jan.

2

66 X

8
4

Jan.

55K Jan.
4X Jan.

2X
3X

40

1
*

1
6,100 Detroit Gasket & Mfg Co
6 % preferred ww
20
Detroit Gray Iron Fdry com.-l

For footnotes

Sale

IX
4X
5X
78 X

^^ •

K Jan.

30

3

_

9K

4

Jan.

42X Jan.
5K Jan.

100
*
5

23,500 Daroy Petrol Corp.
5,100 Davenport Hosiery
55,800 Dayton Rubber Mfg
Class A
5,210
127,950 Deoca Records common
10,100 Dejay Stores Inc common
25,700 Derby Oil & Ref com.A conv preferred
210

Detroit Paper Products

Sale

%

1K Sale

*

46

IX
Sale

H

Crown Drug common

1

*»t

IK

Ye

Crown Cent Petrol (Md)
.5
Crown Cork Internat cl A—

com

o

45

42 X

Sale
Sale
% Sale
3
3K
2% Sale
9K Sale

(The) Brewing Co

4

23

Highest

Sale Prices
Jan.
9
108K Dec. .26 130
Feb. 28
60
Sept. 5 79
10 K Nov. 21
5K Apr. 11
Kb Nov. 28
K Sept. 6
58
Jan.
3
20 K Dec. 27

6X Jan.

5K

Corroon & Reynolds

2
4X
7X

Sale

Copper Range Co
Copperweld Steel com
Cornucopia Gold Mines

*
--.5
5c

10

55 K

8K Sale

6K % preferred
250 Curtis Lighting Inc com
950 Curtis Mfg Co (Mo)

3,200
33,000
10,300
10,800
16,800

4K

Sale

Cooper Bessemer Corp com—*
S3 prior preferred
*

Crowley Milner& Co

1939

Sale Prices

21

7X

Sale

4K
8K
92

—

Croft

5X

% Sale

3%

3*

Jan.

9K Jan.
X Jan.

82

89 X

5X

Jan.

68

Sale Prices
2 116
Jan. 12
16
73
Jan.
4

4

Sale

55 X

89

Sale

1

1

5K Sale
IK
2
Sale

4,900
264,100
65,400
73,200
2,000
27,100
12,900

4

Sale

1

Clayton & Lambert Mfg Co..*

preferred A

21K

,K

a

10

Clark Controller Co
Claude Neon Lights com

2K

81,000
6,700
36,550
80,500
24,500
18,300
3,340
176,600
22,980

01«

Lowest

Highest

Sale Prices
110

Sale
Sale

54

6K Sale

114

72X Sale
8X
9X

Sale
5X
55

84

93 X

Lowest

Ask

5h
52 X

5X

60*

45
54
55

Jan. 31

Jan. 2

1939

STOCKS (Continued)

YEAR

Jan. 3

1939

Shares

21,400
51,100
5,600
37,000
1,100
4,500

RANGE FOR

PRICES IN JANUARY
Price

NEW YORK
CURB EXCHANGE

12 Months

282,000
207,700
24,500
2,990
5,565
9,345
40,700
4,700
3,700
83,700
3,700

43

EXCHANGE

5K Apr.

10

1K Mar.

5K Jan.
9K Sept.

25
11

1
8
6

7

9

14K Sept. 6
5K Sept. 12
25 X Sept. 13
48K Dec. 12
12
Oct. 13

1K Sept.
24
24

Sept.
Sept.

8
8
8

TORE

NEW

44

EXCHANGE

CURB

AGGREOATE
NEW YORK

January
Shares

3,800
350

4,400
144,500
8,600
1,900
850

Jan. 3
1939

(Continued)
Par
47,300 Easy Washing Mach class B. *
5,950 Economy Groc Stores com—*
1
70,700 ELsler Electric com
5
2,703,700 Electric Bond & Share.
111,100
$6 preferred
*
35,500
$5 preferred
*
6,750 Electric Power & Lt 2d pf A..*
STOCKS

Shares

Option warrants
Electrographic Corp com..---1
Electrol Inc vtc
-1
Elgin National Watch Co---15
Empire Dist Elec 6%_pref--100
Empire Gas & Fuel 7% pf-100
8% preferred
100
6% preferred
-100
6 54 % preferred
100
Empire Pow Corp part stk-.
Emsco Derrick & Equip Co--

300

9,400
1,300
1,450
8,000
1,500

230,100
17,500
16,650
54,600
10,400

Fairchild Aviation com

300

1,800
300

""450
175
350
50

150
900

11,800
2,475
5,500

""loo
6,100
190

17,100
15,920
3,175
4,400
175

6,100
100

250

1,200
1,700

17,500
100
125
50
10

90

1,200
300

2,000
"

Y.ioo

370
100

1,400
390

1,900

Equity Corp common——10c
$3 conv preferred
1
Esquire Inc.-.
-1
Eureka Pipe Line
—50
1

Falstaff Brewing
1
Fanny Farmer Candy com—-1
Fansteel Metallurgical Corp--*
Fedders Mfg Co common
5
30 Fed Compress & W'house—25
1,100 Fiat Amer dep rets
-1
98,200 Fidelio Brewery
—10
4,960 Eire Assoc of Phila
329,100 Fisk Rubber Corp common— 1
6% preferred
100
18,650
26,300 Florida Power & Lt $7 pref..*
125,150 Ford Motor of Canada cl A--*
Class B voting
*
4,000
Ford Motor Co Ltd—

Amer dep rcts___Ord reg £1
70,600
1,500 Ford of France Am dep rets.. ,
4,500 Fox (Peter) Brewing Co—---5
Froedtert Grain & Malting—
Common
1
17,300
Partic conv preferred
15
17.950
1
106,000 Fruehauf Trailer Co
1
3,000 Fuller (Geo A) Co com—
$3 conv stock
— *
4,400
4% conv preferred
100
2,125
130 Gamewell Co $6 conv pref
2,000 Gatineau Power Co com
5% preferred
530
23,300 General Alloys Co

25,700
1,440
2,700
3,100
31,800
5,795

Bid

1939

354 Sale
1

"154

154

Sale

66

Sale

60

Sale

26

Lowest

Ask
54 Ask Bid
4
Sale
394
4
16
17
1754
1854
154 Sale
154 Sale
7 54 Sale
694 Sale
66
Sale
6754 Sale
57
Sale
59
Sale

Bid

Sale

494
554
10 54
1054
154 Sale

3

Sale

1254
1354
154 Sale

20

Sale

50
62
62

Sale
64

64

61

Sale

60

61

63

61

2094

2294
10
1094
5U Sale
894

Sale
20

2 54
13

154

294
14 54
194

*

*

*

$6 preferred

Jan.

8

31 *6154 Jan.

4

27
24
12
5

20

Jan.

4

354 Jan.

3

Jan.

30

29

24

6394 Jan.

5

6554 Jan.

13

64
70

65

2654
1094
56
2394
454
2294

2854
Sale
Sale
Sale
Sale
24
Sale

Sale

64

6554

25

27

10

1054
%

Sale

2394
454
2454

Sale

11

Sale

Sale
Sale

12 54

13

694

654

694 Sale

654

9

754

9

2294 Sale
24

5

Jan.
Jan.
Jan.
Jan.
Jan.

7054

1254

Sale
68

Jan,

5

Jan.

69

12

1194
56 Sale
6254
11H Sale

3

1454
294
1294
154

6894

754
2454

61

25

70

14

194 Jan.

5

Jan.

2

6894 Jan.

25

Jan.

27

75" "90"

24

494

454 Jan.
1794 Jan.
Jan.

*

57

68

794
2354

xs
1054
56
56
54
68 54
6754
6894
14
1554 Sale
10754 Sale
11094
10054
9694 Sale
17
Sale
1554
1554
1754
1754

Sale

\S

16
31
31

70
7054

11

3%

18

85

754
2394

Sale

66

2

Jan.

194 Jan.
694 Jan.
66
Jan.

6354

Sale

23

354 Jan.
16

Sale

Sale

74

Sale Prices

24

7 %

454

Highest

Sale Prices

23

1054
21

Lowest

Sale Prices

76

59

18

Highest

Sale Prices

Jan. 31

Jan. 2

Ask

254
1

iH

7%
8h
17 54
18
1154 Sale

1054
1754
2754

16
19

19

Sale
154

1094
1754
Sale
1954

Sale
10 H

6054 Jan.
64
Jan.
25
Jan.
1054 Jan.
56 Jan.
2394 Jan.
454 Jan
2354 Jan.

Sale

Sale

154

1054
1854

25

65

Jan.

16

13

26

Jan.

13

25

11

Jan.

8

54 Jan.

4

6

2

3

24

Jan.

10

2

454 Jan.
2454 Jan

31

8

23

1254 Jan.
754 Jan.

12

24

1094 Jan.
iim
654 Jan.

15

1354 Jan.

19

7

Jan.

5
33

994 Jan.

15

994 Jan.
94 Jan.

7

56 Jan.

4

6794 Jan.
1394 Jan.
10554 Jan.

6

2 103

294 Jan.
154 Jan.
1254 Jan.

1054
1894

Jan.

16

954 Jan.
1754 Jan.
2754 Jan.

20

Jan.

1754 Jan.
1694 Jan.
354 Jan.
154 Jan.

15

1094 Jan.

19

June

8

7454 Dec. 11
75

Dec. 11

7354 Dec. 11
74

Dec.

9

2754 Aug.

7

Nov.

9

12

Sept. 9
30
Sept. 11
894 Jan.
3
23
Dec. 11
1

Feb.

24

6

9

Nov.
Oct.

3
6

71*

Oct.

31
Dec. 28
Dec. 30
10154- Dec. 12
Jan.
6
23

lit*
23

Oct.

Oct.

30

16

4

19

Jan.

25

654 Mar. 29
17
Jan. 25

2

3254 Jan.

26

10
15

Feb.

June

Aug.

May
1
1094 July 26
May 31

294 Dec. 20
1

2

Nov. 27
Dec.
5

Jan.

5

494 Mar. 9
2
May 27
15
Mar. 13

1094 Dec. 19
19
July 17

14

30

Oct.

25

26

Sale

2554

41

Sale

39

27
4254

1254
88%
lk

10

1254

15

19

Jan.

12

Mar. 27

2594 Jan.

26

Jan.

2

Aug. 24
1794 Jan. 26

26

12

29

Jan.

2

41

Jan.

2

34

Jan.

3

43

Apr.
Apr.

8
3

Jan.

25

87

Jan.

25

83

Mar. 20

8554 Nov.

3

73

17

Jan.

87

17
21

3554 Sale

Jan.

5

78

Jan.

27

154 Jan.

30

1294 Jan. 16
7654 Nov.
6
94 July
5

1494 Jan.
1354 Jan.

11

15

Jan.

25

19

1554 Jan.

31

18

1354

1554

Sale

"154 "154

2

"154 "194

If*
54

1454
1354

1494
1494

15 54
15

Sale

39

17%
13%

48

20

41

154 Jan.

3

30

'

1 554

96 Jan.

94

56

56 Sale

Jan.
Jan.

4

96 Jan.

2

Jan.
Jan.

31

94 Jan.
194 Jan.

23
3

2

1254 Oct.

5

Jan.

27

11

4254 Jan.
5
% Dec. 30

60

45

47"

Sale

294
75

Sale

77

3894
94
154
7454

4954

51

5154 Sale

1
c

Sale
154
194
76

30
5

49

60
Sale

lu

Gen Outdoor Adv 6 %

Oct.
!««Jan.

65

45
85

50H

Warrants

pref- -100
General Pub Serv $6 pref
*
General Rayon A stock
*
General Shareholdings
--1
$6 conv preferred
*
General Telephone Corp—
$3 conv preferred
*
7,000

Aug.

0
20
5

35

1054 Jan.

1354 Jan.

Jan.

16

May

16

10
9

Feb.
Jan.

894
2454
1494
854

56

1554 Jan.
10 11094 Jan.

28
1

Jan. 20
Mar. 10

Aug.
Sept.
Oct.
Jan.
Apr.

54 Sept.
Apr.
694 Apr.
71
Apr.
5054 Apr.
1454 Sept.

Jan.

69

Oct.
Mar.

Nov.

954
654
1854
454

Jan.

30

9694 Jan.
1594 Jan.

154

6

454 Dec. 14
19

17

694 Apr. 10
59
Apr. 11
5094 Apr.'10
1454 June 29
294 Dec. 28
10
Jan. 24
94 Sept.
1
1854 Apr.
6
53
Jan. 31
52
Feb.
2
5454 Feb.
2
5154 Feb.
2
55
Sept.
8
2154 Feb.
1
6
Apr. 10
94 Apr. 10
2394 Dec. 27
354 Aug. 14
1554 June 14

24

Sale
Sale
1754

Sale
19

31

Jan.

27

Jan.

1

1094 Jan.
754 Jan.

Sale

3

W*
67

254 June 29
1494 Apr.
8

23 54 Jan.

xs

Sale

*

100

General Elec Co of Great Brit
American dep receipts
£1
13,900
General Fireproofing com
*
25,700
_*
690 General G & E $6 pref B
1
25,100 Gen Investment Co com
400

220

YEAR

Price

CURB EXCHANGE

12 Months
1939

20,100
8,600
28,000
5,525
1,750
26,045
13,845
8,355
2,000
2,450
16,900
210,300
12,400
81,200
2,850

1,300
>

RANGE FOR

PRICES IN JANUARY

SALES

In

75
35

13

85
40

4

94
154
7354

1
154
76

94 Jan.
154 Jan.
7254 Jan.

23
17

77

Jan.

5054

5054

4954 Jan.

11

52

Jan.

22 105

Jan.

13

954 Jan.
4054 Jan.

23

3

3

6294
3354
94
154
6294

July 28
Apr. 25
Sept.
1
Apr.
1
Apr. 29

4654 Apr.

8

16

Mar. 13

Aug. 17
254 Sept. 12

95

19

Mar.

1494 Dec.
66

July

8

7
17

54 Sept.14
55
Dec. 20
in Sept. 12
80
Nov.
6
52
Jan.
9
154 Oct. 18
294 Feb.
6
82
Aug.
3
5254 Jan.

18

General Tire & Rubber—■
80
200

175

1,250
40

400
30
100

29,200
200
700
30

1,200

"""75
2,100
200

4,000
175
900

2,050
1,000
1,400
9,800
200

16,500
210

260

1,300
800

""300
25

2,200
200

1,000
1,800

700

1,800
1,750
21,300
600
400

400
200

100
500

3,075
1,350
200

4,800

6 % preferred A
100
2,020
2,410 Gen Water Gas & Elec com—1
S3 preferred
*
3,025
*
14,950 Georgia Power S6 pref
$5 preferred
330
--*
— *
9,150 Gilbert (A C) Co com
Preferred-.
*
1,630
*
1,200 Gilchrist Co
*
200 Gladding McBean & Co
*
226,400 Glen Alden Coal Co
,

*
8,400 Godchaux Sugars class A_.
Class B
*
21,400
$7 preferred*
570
1
56,500 Goldfield Consol Mines
*
3,700 Gorham Inc class A com
S3 preferred
*
3,900
13,000 Gorham Mfg Co common—10
8,500 Grand Rapids Varnish Corp..*
10
40,300 Gray" Manufacturing Co
-

4,375 Gt Atl & Pac Tea 1st pref. .100
Non-voting common stock.*
29,850

12,450 Great Northern Pnper Co—25
45,700 Greenfield Tap & Die com—*
Grocery Stores Prod—
Common
25c
15,500
Grumman Aircraft Engineering
Corp common
1
209,600
9,600 Guardian Investors common-1

25
250,100 Gulf Oil Corp
*
3,230 Gulf States Util $6 pref
$5.50 preferred
*
1,950
775 GyDsum Lime & Alabastine..*

350 Hamilton Bridge Co com
Hammermill Paper Co com.
""525 Hartford Electric Light
Hartford Rayon com vtc
Hartman Tobacco comHarvard Brewing Co

_

Corp of Am cl B com
1
Haverty Furniture Cos—
Conv preferred
*
10
-—*
19,500 Hazeltine Corp
21,100 Hearn Dept Stores common. .5
6% conv preferred.
50
6,600
25c
167,000 Hecla Mining Co
*
7,900 Helena Rubenstein Inc.
Hat

-

4,550
5,000
2,050
1,050
15,200
18,100
2,000
18,900
41,600

For footnotes

see

Glass A

Heller (W E) & Co common. .2
7 % preferred w w
25

7% pref ex-warrants
Hewitt Rubber Corp com

Heyden Chemical Co
Hires (Chas E) Co class A
Hoe (R) & Co class A.
Zollinger Consol GM

page




^

53.

25
5
10
*
10
5

9754
554

9

994

9854 101
654
45

40

654

594

494

5

594
39

494

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

23

9

4 101

Jan.

4

24

26
3

8

8

Jan.

16

554 Jan.

27

Jan.

4

494 Jan.

3

90
45

9554 Jan.
4
Apr.
Jan.

31

28 54

854

2954
10

54 Sale
294
254
18

20

1854
654

21

854
Sale

1*'
9
131
110

3854
Sale

7

254

254
2254

^

40

102

Sale
a

i**

Sale
104

92 54
6

98
8

Sale
954

11

24

19

9

Jan.

2

Jan.

23
17

44

854

254

23

if*

294

2 54

1554
54
54
3654
Sale
11294
Sale
109
112
11154
254
254
5
Sale

16

56

3894
11254

if* ii'A

594
1654

2 94

254 Jan.

1454
Sale
54
54
3594
Sale
112
Sale
10954
113
5
Sale
18

154

lh

94

54

154 Sale
454

454

67

154
54
154
654

70

194
94
19*
Sale

22
2

16
11

22
19

5 135

Jan.

30

3 114

Jan.

11

Jan.

8

20

854 Jan.

3

12

254 Jan.

12

30

46

17

Jan.

4

54 Jan.
3954 Jan.

12

Jan.

23 114
11 Ill

Jan.

19

11

11

Jan.

12

29

19

594 Jan.
1594 Jan.
Jan.
Jan.

4

3

Jan.

13

154

194

6

7

6

9

12
8

7

Feb.

6

45

454 Nov. 27

*954 Sale'
354
494
754
9
894 Sale

994

2854
294
1654
654
454
854
854

2954
Sale
1894
554
894

854

38

41

68

Sale
6954

46

56

50

Sale

854

9
794
1454 Sale

1254

854
1154

9
1254

2754 Sale
294
254
18

Sale

654 Sale
5
554
894
10
854
854

1054
7054
5554
794
1154

1154
Sale
Sale
854
Sale

27 54 Jam
254 Jan.
1794 Jan.

694 Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

454
854
854
2654
2654
1156

Jan.

7
5

Dec. 28

5

6

Jan.

Dec.

20

5

Dec. 20

10

10

Sept. 11

2154 Apr. 10
554 Aug. 21

33

91

16
June 28 102
56 Mar. 25

3
154 July
1354 June 20
1954 Sept. 7

2%
If*

5
Apr. 12
854
5
1254
754 Dec.
L2494 Mar. 22 13354
3 119
6954 Jan.
33
Apr. 12 z45
454 Aug. 25
1154

194 May
12

54
2954
10354
9594
454

Sept.
Jan.
Apr.
Jan.
Jan.
July

194 Apr.
854 Jan.
154 Apr.

27

61

9

2

Feb.

7

Sept. 12
31
Feb.
8
Oct.
Jan.

5

Sept. 23
Nov. 24

Aug. 11
Feb.

15

Nov. 22
June 26
Nov. 17
Oct.

18

254 Nov. 15

1 2253 Jan.
20
54 Feb.
10 4554 Oct. 19
1
26 11254 Aug*
6
11 10954 July
5
July 18
17

J

10
23
6

Sept. 20
94 Mar. 20
54 Dec. 21

3

1

Jan.

13

29

4

Jan.

654 Dec. 14
Nov. 27
Mar. 27

15
4

11

6954 Dec.
5
294 Sept. 27
94 Sept. 12
194 Sept. 14
954 Oct.
2.

Mar. 15

23

Apr.
8
Sept.
2
1194 Aug. 24
554 Sept.
1

23

2954 Sale
554 Sale

8554 Dec.

Jan.

28

15

854 Dec. 20
July 29
9954 Nov. 28

39

394 Apr.

10

69

5

194 Jan.
54 Jan.
154 Jan.

6

22

30

27

69

9

154 Jan.
54 Jan.
194 Jan.
694 Jan.

23

Jan.

2954 Jan.

4

Jan.

554 Jan.
1494 Jan.

70

96

4

12

2954
154

56 Jan.
1594 Jan.
2754 Jan.
694 Jan.
1154 Jan.

23

68

194

17
16

15

Jan.
Jan.
Jan.

29
63 54

61

Jan

8

Dec.

394 Apr.

Jan.

8

25 102

2354 Jan.
24J4
10
854 Jan.
854
101
Jan.
9954 102
96 Jan.
54
,54
i
154
1594 Jan.
1654
1554
26
2654 2594 Jan.
2654
7
694 Jan.
754
694
9
Jan.
10
Sale
1094
Jan.
132
13554 13694 130
112
Sale
Sale
10994 Jan.
40
Jan.
42
4494
4054
9
794 Jan.
854
754
27

1594
2554
594

Sale

12

Sale

98

127

126

Sale

654 Jan.

105

24
9

98 54

97

794

Sale

14 105

7954 Jan.
65

5
Sale

854

*
1

7
32

30

2 94

*
10
25
1

7854

554

5

3,500 Haloid Co

36,000
4,210
32,450
15,700

7754

854

/

5

34,700 Hall (C M) Lamp Co.-

654

594

10354
954
1054
3954
Sale
9854
8794
554
554
42
4094
494
5

10

29

Jan.

17

21

3

Jan.

11

2

5

30

21

Jan.

Jan.

11

Jan.

26

Jan.

11

Jan.

9

Jan.

20

26

754
554
854
854
2754
2654
1254

22

76

Mar. 15

36

5
6

23
3
17
11

9

67

Jan.

50

Jan.

2

794 Jan.
1194 Jan.

23
3

18

654 Apr. 11
654 Sept. 26
2354 Apr. 14

954 Jan.
9
2894 Aug. 15

354 Feb.

Jan

9

Jan.

2

7

Jan.

8

30

10

43

5554 Jan.
Jan:

12

17

Mar. 14
54 Jan.
3
22 54 Jan. 17
954 Jan.
4
554 Oct. 18

4

Jan.

20

24

Jan.

12

M^r . 31
Apr. 14

Sept. 15
394 Apr. 10
9
Sept. 23

9

Oct.

20

2654 Jan.

20

1594 Oct.

24

68

Dec. 26

5094 Dec. 22
1054 Sept. 13
1554 July 12

Feb., 1940]

CURB

YOKK

NEW

45

EXCHANGE

AGGREGATE
SALES

PRICES IN JANUARY

Jan. 2

1939

15,200
600

275

1,300
1,000

Ask
STOCKS (Continued)
Par Bid
12 %
12
Holophane Co Inc common--*
Holt (h) & Co class a part—*
8k
7k
Horder's Inc
"
Hormel (Geo a) & Co com—
Horn (a c) Co common
3
3%
*
Horn & Hardart Baking Co.
Horn & Hardart common—
37 % Sale
5% preferred
100
Hubbell (Harvey) Inc
5
Humble Oil & Refining
69 k Sale
Hummel-Ross Fibre Corp
5
Hussman-Ligonier Co
—*
JHuyler's of Del common
1
7% preferred stamped—100
9
7% pref unstamped
5%
100
4
Hydro-Eloc Secur common—*
Sale
2
Hygrade Food Prod
5
24
23 k
Hygrade Sylvania Corp.
*

Jan. 31

Ask Bid

Bid

650

3,200
182,500
52,400
900

5,000
9,250
500

6,200

33,000
5,550

12%

13%

12%

13%

Highest

Lowest

Hughest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

12% Jan.

26

14

i!* iiH
ell 8*

60,200 Illinois Iowa Power Co..
117,500
5% convpreferred-.
84,800
div arrear ctfs

*

50

725 Illuminating Shares Co a

3% Sale
18 % Sale
5 % Sale

29

1%

31%
3

32%
ik

34%

16 %

Sale
16%
17
15%
15%
29%
31
6% Sale

_

35

Sale

Jan.

33% Jan.
110k Jan.
Jan.

14

Sale
5% Sale
12K
%
7%
7
8%

67
11

7*

61

Sale

h

11
3

60

25

3k
3k
23 % Sale
5

11%

Sale

12

Sale

13

Sale

23

24

k

6

25
10

30

2

k
7%
8k
a2k
2k

Jan.
Jan.
Jan.
Jan.
Jan.

13

k Jan.
10k Jan.

22
25

20

10

26

15

a2k Jan.

Jan.

3

12

5

5

4

5k Jan.
11% Jan.

13
111

Non-voting class a

1

1

Class b stock

1

1

1

Industrial Finance vtc

1%
ik
%

*A

Jan.

29

31k Jan.

19

4

10

Internat Cigar Machinery
*
Int Hydro-Elec $3.50 pref—50

~66k Sale"
23 %

Sale

98
71k
Sale

22

18% Sale

14

Sale

12

625 Internat Metal Indus cl a

4

2K Apr. 28

5

14 K Apr. 11
3K Mar. 31

4

51K May 18

Jan.

18

3
3

5K Apr. 10
11K Sept. 28

3

Jan.

3

16

Jan.

8

16k Jan.

11

16

113

ik

—

7,000 Internat Safety Razor cl b—
6,900 Internat Util class a--Class b
47,900
5,800
$1.75 preferred
4,600
$3.50 prior preferred

*
1

*
*

26 k

3k

Sale
Sale
27 k
3k

7* 8*
8h 10*
31k

34

2%

Sale

ik

Sale

18
17 k

4k

18k
5k

7A

2k
2k
17k Sale
17 k
18
4k Sale

k

k Sale
8k
10
"A
k

8fc Sale*
18

19

16

18

30
31
16
8
10
8

20 K Sept.
1
12
Apr. 10
Mar. 17

ik Jan.
12k Jan.

3

17

Jan.

2

IK Dec. 27
12
IK Aug. 23
17
Dec. 27
17% Dec. 21
2K Apr. 10

6

ik Jan.
11% Jan
2k Jan.
17k Jan.
18k Jan.

30
3

4k Jan.

19

k Jan.
8k Jan.
ko Jan.
18
Jan.
33
Jan.

31

32k

34 k

33%

35

2%
7%
11k

3

12
15
5

3

18k Jan.
18k Jan.

4

Jan.

4

5

4

Interstate Power $7 pref
Investors Royalty Co.-

1

1
*

_

*
-1

Iron Fireman Mfg com vtc..*
Irving Air Chute common
1
Italian Superpower cl a

136,000 Jacobs (f l) Co
22,900 Jeanette Glass Co

1
*

3k Sale
5%
5k

3k Sale
7% Sale
10k
12

3

8k
13

Sale

%
17%
21k
%

%
18
Sale
%

4%

Sale
ik Sale

t'"
16k
16 k
lA

17k

2%
ik

2%
1%

17%
K

Jan.

10,600
5k % preferred
4,950
6% preferred
4,800
7% preferred
153,500 Jones & Laughlin com
3,100 Julian & Kokenge com

---100
100
100
100
*

230 Kansas g & e 7% pref.-.-100
30 Keith (Geo e) Co 7% pref. 100
24,800 Kennedy's Inc
5
3,200 Ken Rad Tube & Lamp cl a-_*
100 Key Co common
*
420 Kimberly-Glark 6% pref
100
7,280 Kingsbury Breweries com
-1
Kings County Lighting—
920
7 % preferred series b
-100
1,430
5 % preferred series d
100
57,700 Kingston Product*
1
32,750 Kir by Petroleum
1
25,203 Kirkland Lake g m Ltd
1
1,900 Klein (d Emil) Co common.
2,800 Kleinert (i b) Rubber
10
25,500 Knott Corp common
1
-

4K July

23
26

Jan.

6

3

18k Jan.

5

11

3

37

Jan.

8

32

3k Jan.
8% Jan.

2

2K Sept. 6
4K Apr. 19
10
Sept. 8
3k Apr. 10

9

13

Jan.

27

9

13

19

Jan.

20

5k Jan.
k Jan.

3
26

SA Jan.
16 k

Sale

16^ Sale^
2k
ik

2k
2k

11

Jan.
Jan.

17

17

Jan.

8

18

5

ko Jan.

20

17k Jan.
ko Jan.

2k Jan.
ik Jan.

16

3

Jan.

3

19

2

Jan.

29

25

90

19

98

16
16

20

500 Kobacker Stores Inc

67 K

68 K

.

com

*

Koppers co—
6% preferred
100
Kresge Dept Stores—
75
4% conv 1st preferred
100
5,300 Kress (s h) & Co spec pref..10
16,500 Kreuger Brewing Co
1
-

770 Lackawanna rr n j
-100
177,000 Lake Shore Mines Ltd
84,000 Lakey Foundry & Machine
330 Lane Bryant 7 % pref
100
11,900 Lane Wells Co common
1
Langendorf United Bakeries—
275
Class a
*

37

Sale

113K

4,300 Lefcourt Realty com
Convertible preferred
2,300
275,000 Lehigh Coal & Nav
157,300 Leonard Oil Development
19,200 Le Tourneau (r g) Inc
22,200 Line Material Co.
1,300 Lipton (Thos J) class A
3,750
6% preferred
8,900 Lit Brothers com----525 Loblaw Groceterias class a
Class b
225
17,700 Locke Steel Chain Co.---Lone Star Gas

Sale

116K 120
6
9K

24

6K
4%

6)
5}

89 %
104

Sale
Sale

88

28 %

Sale

119 k
18

Sale

Jan.
Jan.

Jan.
Jan.

17
5

Jan.

11 104k Jan.
18 36
Jan.

3

116k Jan.

19 119K Jan.

31

103k Jan.
28

5

24

6

4

4k

xO

Jan.

9

7k Jan.

8

4k Jan.

25

4k Jan.

25

112^ Sale^

2 112K Jan.

31

1
25
*

111

Jan.

92

90

92

89

2&

90

62

68

65

70

67k
ik
2k
ik

12

68

2

2

1% Sale

2%
ik
11k
10

14 K
10
69

Sale
11K

7

Sale

7k
12

74

84k

86

86

60
121
5<

Jan.
Jan.
Jan.
Jan.
Jan.
13k Jan.

31

2k
ik

26

13 k

Jan.

2

6k Jan.

11

10k
7k

10

15

89k

55
12
12%
5k Sale

Sale

Sale
Sale

23 k
4

Sale

9k
15
14

7k

6*
2*

Sale

31k Sale

Sale

22 k
4

Sale

10k
16K
9
1

7
Sale
Sale

34 k

35k

9k Sale
15

17

7k
K
6

11%

13 K

"l% ~~2%

10k

11k

"ik Sale"

Sept. 14
2K Sept. 11
K Nov. 16
12 K Aug.
1
73 K Dec. 20
24K Mar. 29
21K Mar. 14
K Jan. 26
4K Jan.
6
11K Nov. 20
4K Jan.
4
27K Jan.
3
27
Jan. 20
6
Sept. 12
2

9

H Feb. 25

8
5
24

Mar.
3
% Jan.
6
July 18
39 K July
1§
<tt May 25
4K Feb.
8

Jan.

Nov. 30
1»« Feb. 23

10

20

8

Oct.

85

Jan.

5

11k Jan.
5k Jan.

23

Jan.

24

22k Jan.

31

16

87K Jan.

Apr.
6
Apr. 11
Apr. 13

7K Aug.
2
% Mar.
8
19K Oct. 19
22 K Sept. 27
U» Mar. 9

2K Sept. 1
IK June 15

4K Jan.
3
2K Sept. 26

16*

Ma

Oct.

67 K Jan.
78
Jan.

30

4

98 K June

9 102 %
5 107 K
17
Apr. 10 48 K
22 K Mar. 27 30
86 K Jan.

June

4

4K
5K
105
K

7

Apr.
1
Dec. 30

22
July 13
6K Jan. 16
9
Mar. 9

7 _5K Sept.

1 111
Aug.
9
% Jan. 13
5

Sept.
Sept.
Mar.

6

10
15 K Mar. 3
10
Jan. 11

54

Feb.

16

95% Dec.
47 K July

8

4K Apr. 11

42k Jan.
25% Jan.
4k Jan.

3

2

80

Jan.

3
8
15

9k Jan.

15

10

Jan.

26

4

16K Jan.

4

2k Jan.
ko Jan.

11

2k Jan.

5

18

k Jan.

9

33

Jan.

23

9k
10k
18k
ik

Jan.
Jan.
Jan.
Jan.

18

35% Jan.
10k Jan.

4

3

16

11

Jan.

12

16
22

19

Jan.

30

ik Jan.

2

6
7
3
8

4

22

12

29
27
8

Aug.
Dec.

Oct.

12 k Jan.
x6% Jan.

Jan.

7

Sept.
Feb.
Sept.

45
Mar. 31
11 % Jan. 23

Jan.

6

112% Mar.22 118K May 24

2K
3K
IK
14

4

6

June
6
Sept. 27
June 26

90
July
70 K July

4

25

14 K Mar. 23

10
25
29
20
8
2

*

38

July
8
19 K Dec. 15
2
Apr.
8
57
Jan. 19

7% Oct.

11

15

Sept. 29
8K Sept. 29
% Apr. 13
Dec. 30

IK Aug.
*A June
22
Apr.
8
Apr.
9
Sept.
16 K Nov.
IK Apr.

31

29
11
10
11
4

12

13
7

17
Aug.
7
Jan.

16

51K Mar. 8
50K Jan.
7
4K Nov. 8
71K Dec. 11
11 % Apr. 25
17 H May 24
May 15

11

IK Sept.29
8K Jan. 13
4K Sept. 11
K Sept.
7
Oct. 25
37
15

Jan.

20

Feb. 17
17
Feb. 17
23
2K Sept. 13

23 % May
22
Jan.

5

13%

»

6,700 Mangel Stores Corp com
1
540
$5 conv preferred
*
Manischewitz (The b) Co_.
*
4,000 Mapes Cons Mfg Co.
*
Marconi Internat Marine—
2,100
Communication Am dep ret.

June 27

17

20
10

*

1

26
Feb. 23
7K Oct. 17
15K June 27

Dec.

6

"ik Sale"

16K July

Apr.
Aug.
Sept.
Apr.
Apr.
Sept.

5

8

32

Jan.

%

11%

7K Sept.

Jan.

8

6

Feb.
8
17
16 K Mar. 15

1H
2K
%
11K
7K
6K

7

10K

6

5

56

8

17

Feb.

6K Feb.
59
Dec.

38

26

7

4K Jan.
25

3
9

9

2k Sale
k Sale
33
33 k

Jan.

3

16k Jan.

Sale

\l%

20

x71

3

3

8

41

50 k

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

47%

12

47%
11%
5k

41

111
51

6k

2%
ik
13 k

ik
ik
2k
2k
ik Sale
12k
13k
10
11%
6k
7k
6k
12

5

Lucky Tiger Combination--.10
Lynch Corp com
5

258,500 Majestic Radio & Tel Corp
64,300 Manati Sugar opt warr---

%

Sept. 5
Mar. 22

31

% Nov.
% Apr.

21% June

5k

83

Sale

25
1

Sale

A

1H
10%

Louisiana p & l $6 pref..—




35

111

*

Long Island Light common
7% preferred series a
100
6% preferred series b
100
Loudon Packing Co com
*
Louisiana Land & Expl com.. 1

53.

Sale

20

5K
8K

-

Class b

see page

89 k

95

-

4,875

250

87
104

-

_

For footnotes

8K Apr. 13
Apr.
8

59

Jan.

8

2

7k Jan.
11k Jan.
4

17

Jan.

25

Jersey Central Pow & Lt co—

157,110
129,600
9,625
27,050
14,500
246.900
1,470
16,300
11,000

% Dec. 29
% Mar. 31

*A Jan.

Warrants

International Vitamin
Interstate Home Equip com.
Interstate Hosiery Mills

10

Apr. 12 112K Nov. 28

5

Jan.
22% Jan.
15k Jan.

.

4k
27%

100*1

jan.

72

12K

ik

11% Dec. 28
10 K Sept. 21
19
Sept. 23
5% Nov. 14
May
6
Apr. 19

% Jan.
k Jan,
% Jan.
9k Jan.

Sale

*

222,200 Internat Paper & Pow warr
246,500 Internat Petroleum com
10,700
Registered
-*
28,000 Internat Products common-..-*

700

ik

--1

2

Mar. 17

8

12 K July

°9*

11

"a" stock pur warrants

Internat Industries Inc

15% Nov.

Aug. 18
1 1
Dec.
4
18
Sept. 5
24
30
5K Sept. 27
Jan.
5
12 12
K Jan. 18
8
June 24
31
Jan.
18
24
4k Mar. 14
27
3K Sept.. 8
10
10 31
July 26

26k Jan.
6k Jan.
60k Jan.

6k Jan.

ik
k Sale
A
%
9
9%
71% Sale

ft

6

Sept.

Apr.
Apr.
Aug.
Aug.
Apr.
Nov.
Mar.
Nov.
Dec.
Apr.
Apr.

Jan.

23

%

71
21%

—100

7% preferred
Insur Co of North Amer

\h

,

15

Jan.

6

12k Jan.
22k Jan.
6
Jan.
14% Jan.
Sale" 13k Jan.
112
Ill
Jan.

12

Jan.

31

L08K
9K
52 K
2K
9K
K
5K
6 %
2K
IK
20

12k Jan.
12k Jan.
13k Jan.

2

31

12

12k
12 k
24 k
6%

3

3

Jan.

Sale

Sale
Sale

4

5k Jan.

uk
11k

Sale

Jan.

31

60k Jan.

65

23%
5k

68

12

Jan.

Sale

62

12
35k Jan.
12 110k Jan.
12
14
Jan.

9% Apr.
1
July 24
11K Jan.
5
Apr. 11
Sept. 7

27

3k Jan.
23k Jan.

10*

9

23

19

Jan.

29

9%

2k Sale

3k
Sale
Sale

5k
15 %
15k

5

2

29

3k
23 k
5k

31k Jan.

3

27 120

12

2k

2k
28K

60k Jan.

Sale

3

2

111

103%

29k Jan.

Indian Terr Ilium Oil co—■

36,800
76,300
5,600
8,145
21,800
22,300
77,600
11,900

22

2k
120

59

*

Imperial Chem Indus Ltd—
Am dep rets ord reg
£1
Imperial Oil (Canada)
Registered
*
Imperial Tobacco Co of Can--5
Imp Tob of Gt Brit & Irel--£1
Indiana Pipe Line
10
Indiana Serv Corp 6% pref 100
7% preferred.;
100
4,540 Ind'polis p & l 6k% pf—100

7,200
5,200
1,500
2,430
58*000
12,000
52,900
2,400
68,200

Jan.

-

2,610
165,000
19,100
24,900
16,620
11,500
1,780
1,700

1939

Lowest

Ask

.

17,225

YEAR

Jan. 3

1939
Shares

RANGE FOR

Price

NEW YORK
CURB EXCHANGE

12 Months

13

13 k

Sale

13

15

9k Jan.

Sale

Jan.

23

Sale
ik Jan.
k 46 k 42k Jan.
43
Sale
Sale
38% Jan.
ik
ik
ik Jan.
ik
ik
5k Sale
5k Jan.
5k
101
103
103
Jan.
104k 108
% Sale
k Jan.
25
26% 25k Sale" 24k Jan.

Sale

2

Sale

16

38 %

7% Sale

32 k

33

k Sale
% Sale
1H
2%
30
%

7A Sale
k

1,k
31
10

19%
5K

"21"
6

26k

k

Sale

Sale

2
38
Sale

26k

IK
35

1
38k
_

ko Jan.
k Jan.
ik Jan.

5k

7

4

Jan.
Jan.
Jan.
Jan.
Jan,
Jan.

16

6
Jan.
5 105% Jan.

2

18
5
12
4

8
3
4

25% July

27

Jan.

9

10

13K Dec.

22

9
10 K Nov. 14

Apr.
7K Apr.
K Apr.

20

26

20

IK
42 K
39K
2K
7K
103K

19K Jan.
IK July
4
Aug.
89 % Apr.
7A Mar.
23K Apr.

19
3

24

% Jan.
26k Jan.

2

ko Jan.
k Jan.
ik Jan.

2

6

Jan.

34

K Dec. 27
K Jan.
3

2

1% Apr. 14

Aug.

3

Dec. 29
Dec. 29

Sept.
Jani

5
5

Aug.
7
Aug. 81
Jan.
4

3
Sept. 23
2K Sept. 7
2K Oct. 26

25
10

27" "29~"

2

13k
10k
ik
48%
44k
ik

Jan.

2

10

20

27

Jan.

Mar. 18

40K Oct. 27

19

Feb.

17

27K Nov. 22

4

Oct.

10

6K May 25

Jan.

25k Jan.

NEW

46
■

a(wye

Jan. 3

1939
STOCKS (Continued)
Par
*
2,500 Margay Oil Corp.
♦
29,300 Marion Steam Shovel com
1
5,500 Mass Util Associates v t c
22,700 Massey Harris Co common—*
1
20,450 Master Electric Co
May Hosiery Mills—
$4 preferred
- - - - *
1,100
10,600 McCord Radiator & Mfg
55/200 McWilliams Dredging com—*

"""900
300
500

800

0,900

91975 Mead Johnson & Co com__._*
29,800 Memphis Nat Gas com....--5
6,285 Mercantile Stores Co

825

1,200
50

600
50

1,900
125

2".706
500
10

600

65*
17
130 X 133
35* Sale
16
175*

Participating preferred... 15
Metropolitan Edison Co—

45*

Lowest
Sale Prices

25?

12

Sept. 27

2

Feb.

4

June 29

Sept.

1

Sept. 12

145* Apr. 13

Nov. 29

22
20

31
95* Jan.
29 1655* Jan.
24
45* Jan.
17
155* Jan.

4

17

14
3
25

2
20

45* Jan.
215* Jan.

23X

22

25* July
3

35* Jan.
2X Jan.
5
Jan.
24
Jan.

25* Jan.
25* Jan.

25*
5

4X

15

2X
25*
IX
25*
8
Jan.
8
Sale
85* Sale
1525* Jan.
Sale
162 X 165 X 153
45* Jan.
4X
4X
4X
4X
155* Jan.
14
15X
165*
17 X

3%

35*

16

3

26

May 29 555*
Apr.
8
35*
Sept. 5 17
Jan. 28 1695*

3X

4X

X
25*
42

X

3%

Sale

64

Sale
1
IX
SOX
38
5*

%
25*
37 X

Jan.

305* Jan.

45* Jan.

10
3

2
45

a

5* Jan.
25* Jan.
425* Jan,

4

8

4

5

18 1085* Jan.
19
5* Jan.

6n

Apr.

5* Jan.

10

75* Jan.

10

Jan.

25

Jan.

9

4

Dec. 21

35* Jan.

4&

45* Jan.
% Jan.
95* Jan.

15

Jan.

8

Jan.

2

5X

55* Jan.

5

185*
1143? Sale
1
IX

175* Jan.
105
Jan.
15* Jan.
75* Jan.
11
Jan.

9

8

65* Jan.
77

Jan.

5* Jan.
15* Sept. 6
35* Nov. 14
Nov. 13

41

8 1005* Sept.

1
% May 15

Dec. 27

Aug. 24

6

17
30

24 1145* Jan.
23
15* Jan.

23

17

7

25* Sept.
75* Sept.

25* Sept. 1
5* Aug. 28
55* Apr. 10

Jan.

4

95* Sept. 25

Feb.

185* Jan.

4

X Jan.
25* Jan.

14

June 30

10
8
11

18
21

Dec.

29

!5* Jan.

Sale

45*

5

4

Jan.

7n
5

5X

8

16

6
6

Jan.

55* Jan.

27
21
24
1
1

31
11
325* Apr. 25

H Jan.

A

23

19

Dec.

%

4

2

10
9
5

Jan.

Sale

8

5*

Jan.

67

15

Oct.
Apr.
Aug.
Sept.
May
X July
1
Apr.

Jan.

& Sale*

113,600 Michigan Sugar common
-*
Preferred
10
8,300
Middle States Petroleum—
Class A v t c new
1
45,800
Class B v t c new
1
56,700
115,200 Middle Wedt Corp common..5
Midland Oil Corp—
$2 conv pref
3,150

4

Apr.

July
Sept.

July
Oct.

5

35* Jan. 30

10

9

18

105 X 105

103X 105H 104

6X

4

26

5* Jan.
25* Jan.
425* Jan.

8-

7
125

4

Jan.
Jan.
Jan.

4

63

25*
415*

1

35* Jan.

4X

at* at*
67
Sale

55*
Sale

Highest
Sale Prices
17
Mar.
2

14 X Aug. 18

18 X

25* Sale

30
4 5*

$6 preferred
—*
4,200 Mexico-Ohio Oil Co
1
45,200 Michigan Bumper Corp
53,300 Michigan Gas & Oil Corp—_.l
2.50
8,100 Mich Steel Tube Prod

""ioo

Highest
Sale Prices

53
Sale

2

225

1,300
6,000

2,100
1,000
5,700

15X

19

Lowest
Sale Prices

Ask

Bid

45* Sale
2 5*
05*
a7H
175* Sale

-

570

Ask

10

1
10,800 Merchants & Mfrs class A
Participating preferred
*
2,375
*
67,400 Merritt Chapman & Scott
6 Ml % A preferred
100
2,950
Common stock pur warr'ts
3,900
230,300 Mesabi Iron
25c
7,900 Metal Textile Corp com

190

500

Bid

Jan. 31

Jan. 2

1939

Shares

Shares

YEAR 1939

RANGE FOR

Price

CURB EXCHANGE

12 Months

January

.

PRICES IN JANUARY

NEW YORK
In

CURB EXCHANGE

YORK

105* Aug.

6
0

8

55* Mar.

Mar. 21

1

3

55* Nov. 30

25* Apr.

Midland Steel Products—

750
550
300

2,300
100

"3~750
/

40

2,400
1,700

27,200
200

2,100
200

"""610
1,500
275
100
100

20,800
3,400
100
50

1,200
800
200
40

1,200
6,000
5,700
400

1,200
400

12,900
18,600

"4",506
6.425
100

3,400
250

1,700
200

5,900
2,600
1,800
1,000
60

2,500
300
200

600
50

125
100

2,000
280

600

1,100
5.600
100

3.300

1,200
1,800
510

1,210
2,100
1,100
1,770
69,700
1,900
310

8,200
400

1,500
100

2,900
100

1,000

UX
155*
$2 non-cum div shares
7,500
103
Sale
------10,925 Mid vale Co..
IX
2
8,700 Mid-West Abrasive Co—i.~50c
--10
851 Sale
45,600 Midwest Oil Co—
11
900 Midwest Piping & Supply Co.*
12X
IX
2
3,000 Mining Corp or Can
*
*
39X
405*
43,150 Minnesota Min & Mfg Co
200 Minnesota P & L 7 % pref. .100
1,090 Miss River Power 6% pref-100
3
31
15,500 Missouri Pub Serv common-.*
14
141
29,700 Mock Judson Voehringer. .2.50

175,200
9,500
60,200
8,500
1,400
13,420
10,150
2,925
11,000

Moly bdenum Corp —
Monarch Mach Tool Co com.*
Monogram Pictures com
Monroe Loan Society cl A
Montana Dakota

1

1
Utilities.-.10

5X Sale
20

Sale
Sale

2

&

m

Montgomery Ward & Co AMontreal Lt Ht & Pow com-

75* Sale
10«
1

2,400 Nachman Springfilled Corp..*
83,500 Nat Automative Fibres com—1
1
162,400 Nat Bellas Hess com—
150 National Breweries common. _*
25
7% preferred
—25
*
I,700 National Candy Co com
1
23,100 National City Lines com
5,750
$3 conv preferred
50
1
57,800 National Container (Del)
*
147,800 National Fuel Gas
8,500 Nat Manufacture & Stores.— *
.4
21,950 National Oil Products
National Power & Light—
$6 preferred
56,525
*
*
3,900 National Refining com
65,300 Nat Rubber Mach com—.—*
*
10,925 National Steel Car Ltd..
46,700 National Sugar Refg
...-*
1,375 National Tea Co 55*% pref. 10
12.50
24,600 National Transit
*
50,150 National Tunnel & Mines
58,535 National Union Radio com.—1
*
12,700 Navarro Oil Co
900 {Nebel (Oscar) Co com
*
1,200 Nebraska Power 7% pref.. 100
48,900 Nehi Corp common
40
1st preferred
6,300 Nelson (Herman) Corp...—.5
7,600 Neptune Meter class A
*
*
10,600 Nestle Le Mur Co class A
150 Nevada Calif Elec com....100
475
7% preferred
100

28£* 39^*

AA

A*

Sale

Sale
94 X

58

91

45*
105*

Sale

11

5l

2?n
r- r

Sale
27 X
X

X

285*
5*

Sale

6X Sale
5X

Sale

5

55*
245*
%
25*

¥

75*

26

1175* Jan.
45* Jan.
45*
105* Jan.
105*

65* Sale

55* Sale
27
28
X
%
25*
3
6

575* Jan.

Jan.
Jan.
Jan.
Jan.

138

9X

Sale
12

12
8X

8

8

10

105*

10
15

155*

15 X

Sale

11

105*

X Sale

165*

105*

75! Sale

Sale

87

Jan.

11

Jan.

23

11

60

Jan.

905* Aug. :
5* Apr.
65* Sept.
10
Sept.
% Aug. !
37
Jan. I
80
Apr. :
110
Sept.:
35* Feb.
95* Apr.

5

23

25

X

X

Sale
Sale

30

30 1175* Jan.
15
5
Jan.
30

115* Jan.
7

2

Jan.

18
10

245* Jan.

4

25* Jan.

1

Jan.

30
9

2

165* Sale
46X
465*
10
Sale
125* Sale
43

70X

73X

125* Sale
3
35*

35*
445*

3

58 X

52

12 X

Sale

Sale

42

935* Sale

945* Sale

Sale
60

155*
45
Sale

43
11

75* Sale
IX
1

13X
103

45X

2X
IX

14 X
Sale
48

45*

28

Jan.

18

Oct.

Sept. 7
Dec. 20
May 31

4

Jan.

95*
155*
85*
80

Jan.
Jan.
Jan.
Jan.

11

Jan.

2

26

Jan.

30

Jan.
Jan.

Jan.
Jan.
Jan.
Jan.

15

45*
45*
55*
5*

12
3
11 139
26
5
6

8

Jan.

10

30

815* Jan.

29

2

115* Jan.

3

9

Jan.

31

31

145* Jan.
Jan.

30

4

11

9

13

Xt Jan.

10

Jan.

25

19

165* Jan.

3

26

47

5* Dec. 23
27
Dec. 26
Nov. 14

125* Sale

1165* 117
67
Sale
55*

6

6

1

1

6
75*
15*

135*
Sale

Sale

Jan.

4

25

115* Apr. 11

41

Jan.

15

44

3

25* May
2
285* Apr. 11

46

Nov. 18

96

15
5
15
4
5
9

925* Jan. 30
251 Jan. 12
17

Jan.

Jan.
Jan.
Jan.
Jan.

11
15
16

975* Jan.
25* Jan.
55* Jan.
545* Jan.
Jan.

3
16

10

Jan.

27

116

Jan.
Jan.

17 117
12 69

5
6

19

33X Jan. 23
5
May
3

Apr. 11
25*LDec, 11
2X Apr. 10
43
Aug. 24
10
Aug. 18
4
Sept. 7
69

20

Jan.

18

4

Jan.

Jan.

65* Jan.
6
Jan.
5* Jan.
15* Jan.

6

12

25

11
6

15
2
12

60

Jan.

8

1!

Jan.

5* Jan.
125* Jan.

Jan.

8

Jan.

18

Jan.

3

6
6

Jan.
Jan.

5

1

Jan.

26

15* Jan.

,0

13

Jan.

29

71

Jan.
Jan.

12

Jan.

15* Jan.
705* Jan.

18

135* Jan.

105* Aug. 21
5* Mar. 31

Aug.
55* Jan.
65a Nov.
605* Jan.
175* Sept.
6 5* Oct.
95* Dec.
25* Jan.
15* Jan.
155* Feb.

X Dec. 23
Sept. 27

265*
75*
1045*
1145*

at*

Sale

100

Jan.
Jan.
Jan.
Jan.

3
22

35* Mar. 24
Oct.
5
Mar. 11

15

Nov. 25

128

85* Oct.
14

Mar.

26
9

Sept. 12
Jan. 23

¥£&

r

Sept.

57X Apr.
July
15* Apr.

5

|Dec. 28
Nov.

Feb.

Apr.

4

25

June 10

July
75* Sept.

20

285* Jan.
85* Jan.

24

Aug. 18
Oct. 21
Nov. 20
June 16

41

24

Sale

Oct.

Dec. 29

785* Aug.
3
255* Nov. 16

Apr.
Apr.
104
Apr.
3X Sept.
10 XI Aug.

72X Jan.

20

27
19
12
27
5* Jan.
9

_

18

15

City Omnibus warrants. _
10
com..10
N Y Pr & Lt $6 pref
*

Jan.

6

[17
Jan.
35
June 24 69^
785* Jan.
9 845*
65*
25* Apr. 12
8
4
Apr. 22
1
5* Jan.
6

55

N Y

N Y Merchandise Co

5

115*lMay

31
765* Jan.
16
255* Jan.
3 1275* Jan.
19
65* Jan.
15
125* Jan.
9
65
Jan.
8
15* Jan.

615* Jan.

Sept.

102

19

4

3

Apr. 11

5

23

26

N Y & Hond Rosario M

Nov. 14

28

115* Jan.
135* Jan

Sale

\X

115* Dec.
7
95* Jan. 20
X Sept. 15
28
Dec. 18

11

Sale

Sale

825* Dec. 19

Jan.

95* Jan. 20

1245* Jan.
65* Jan.

Sale

July 15
75* Sept. 5
6
Nov. 20
15* July 29
375* Dec. 18
125* Oct. 20
175* Oct. 30
12
Oct. 24

12

44

25

215*
108X

25

Nov. 21

105* Oct. 17
17
Aug.
3
47
Dec. 19
105* Sept. 27
14
Sept. 27

7 5* Sept.
5
10
Jan. 26

34

3,975 New England Pow Assn com.*
30,550
6% preferred
100
\425
$2 preferred
*
100
2350 New Engl Tel & Tel Co
*
12,300 New Haven Clock Co com
..*
23,000 New Idea Inc common
...25
70,425 New Jersey Zinc
1
37,800 New Mexico & Ariz Land
10
44,800 Newmont Mining Corp
900 New Process Co common....*
*
2,700 N Y Auction Co common

7% preferred

Apr. 19
Apr. 11

7
5

Jan.

12

95* Sale
15* Sale
5*
5*

July

5* June
55* Apr.
35* Aug. 24
4>* Jan.
5
5* Mar. 27
1225* Apr.
6
65* Apr. 11
95* Apr. 11
7
May
4
69
Mar. 17

3
22

105* Jan.
165* Jan.

June 20

Oct.
245* Apr.

21

4

Jan.

75* Jan. 29
% Jan. 24

65*
85*
15*
5*

65*

75* Sept.
29

Sept.:

4

15
23

5

Oct.

Dec.

17

10

56

5X Sale
5X Sale
X
X

L17

Apr.

13
24
29

63

55*

H45* 117
67
69

Dec.

June

Jan.

4

12
7

7
Nov. 29
65* Aug.
3
145* Feb. 28

$5

8
19

3 171

35* Jan.

105* Sale

5

tX Jan. 14
Mar.
2
15* Jan.
595* July

10

28

145*

185* Sept. 27
1245* Sept. 11
15* Jan. 11

:

Oct.

1785* Jan.
24
Jan.
Jan.
30„ 26
% Jan.
X
45* Jan.
Sale
35* Jan.
55* Jan.
55*

5* Jan.

11

2

8

2

Jan.

12

100

e¥/s

¥

24

Moody's Investors particpref.*
{Moore (Tom) Distillery Co—1
700 Mtge Bank or Col Am Shs___277,250 Mountain City Copper Co..5c
67,100 Mountain Producers Corp—10
900 {Mountain States Pow com--*
720 Mountain Sts Tel & Tel... 100
15,300 Murray Ohio Mfg Co
*
16,200 Muskegon Piston Ring
2.50
1,600 Muskogee Co common
*
130
6% preferred
100

8,300
II,125
14,000
3,030
4,280

17 X

Mar. 14
Nov. 17

Jan.

99

Apr.

30 1185* Jan.

107

Jan.

6

Apr.

4

Jan.

6

Apr.

24

29 109

Nov. 16

N Y Shipbuilding Co—

Founders shares..........1
18,500
5
13,500 New York Transit

115*
13
55*
65*
215* Sale
55* Sale
,

100
4,290 N Y Water Serv 6% pref
10
616,000 Niagara Hud Pow com..
5% 1st pref....
100
16,710
1,250
5% 2d pref
100
Ciass A warrants
53,300
Class B warrants
11,800
54,400 Niagara Share Corp class B._5
460
Class A preferred ....... 100
83,400 Nilee-Bement-Pond com.....*
1
3,300 Nineteen Hundred Corp B
34.200 Nipissing Mines
...
6

For footnotes see page 53




865* Sale

125*
125* Sale
55*
55*
25
255* 215*
5
5X Sale
87
Sale #86
x73

.1
Sale
8X
8X
IX Sale

61

f

67 h

Jan.
Jan.
Jan.

15
13
2

135* Jan.
65* Jan.
29

65*
Sale

85l

95*

1

15*

5*
64
9
1

Sale

95*
15*

55* Dec. 27
20
1

30
12

88

Jan.

*77 5*'Apr.

Jan.

12

78

Jan.

655*'Dec.

18

65* Jan.

5* Jan.

8

Jan.

22
9

965* Jan.

575* Jan.
85* Jan.
1
Jan.

20

675* Jan.
85* Jan.

V. Mar.

% Jan.
5* Jan.
55* Jan.

*11 Jan.

1*
65*

16

Jan.
Jan.

965* Jan.

Ut

Sale

23

Jan.

5

8

12

17

Jan.

25

5* Dec. 28
35* Apr.
8
86
Sept.
12
8

415* Apr. 10
65* Apr. 20
X Nov.

14

Sept. 11
2

Dec.

f Aug. 22
95* Mar. 10
915* Mar. 15
82
Jan.
3

6
4
Mar.10
Nov. 25

-/*• Feb.
2

65*
945*
76
95*
IX

Jan.

Sept. 15
Aug. 18
Mar. 2

NEW

Feb., 1940]

17

CURB EXCHANGE

YOEK

AGGREGATE

Jan. 3
1939

1939

Shares

570
100
200

"i486
400

1,600
8,600

STOCKS (Continued)
Par
24,400 Noma Elec Corp com
.... 1
90.900 Nor Arner Lt & JPow com
1
20,550
$6 preferred
....—*
26,200 North Amer Rayon cl a
*
Class b common.-....----*
13,800
5,645
6 % prior preferred—.—50
7,340 Nor Amer Util Sec com——*
6,400 North Gent Texas Oil---—--5
47,000 North European Oil com. -—1
5,590 Nor Ind Pub Ser 6 % pref—100
3,115
7% preferred----—-.—100
9,100 Northern Pipe Line10
163,504 Nor States Power a
25
11,200 Northwest Engineering------*

4%

26

4?{

11,295
9,325
10,875
8,010
1,500

*

1,100
9,500
2,000
625

4,184

"""750
100

9,200
1,400
300

37,100
100

50

2,600
40

260

2,000
250

Ohio Pub Serv 7 % 1st

_

pref—25
---25

5%% 1st preferred
Pacific p & l 7% pref

100

Pacific Public Service com- -

-

1st

*

-

*

preferred-

Page-Hersey Tubes com
--1
Pantepee Oil of Venezuelan
American shares—- —
730,500
3,000 Paramount Motors Corp——1
10
2,200 Parker Pen Co
20,000 Parkersburg Rig & Reel Co—1
810 Patcbogue Plymouth Mills---*
2,670 Pender (d) Grocery cl a
*
Class B
24,850
5,100 Peninsula Teiep Co com
—*
200

Class a cum

25

60
10
120

1,075
550

125

3,500
650
100

10,600
2,900
110

125
900

99,100
12,750
500

""9,366
3,900
250

1,200
1,620
1,600
5,800
2,300
600
25

4,300

4,200
800
75
60

1,000
4,400
100

1,900
3,000
1,900
200

2,500
2,800
20
60

3,550
2,525

10
Sale

9

12

41%

38

1% Sale
5%
5%
3 % Sale

7%
11
32% Sale

98%

Jan.
Jan.

15

-a* Jan.
2% Jan.

3
15

24%

24%
24%
51%

2S

3*

103% Sale

jk

a

7%

13

Sale

16

17

36%

37%

110

Sale
Sale

107|<

iSH
Sale

47

2%

70

67

G'i
20

21%

nm

9

8%
3%

3%
13

11

33% Sale
31%
89
90%
5%
6
20
21%

aW
Sale
Sale

48

111
113% 115
1%
1%

7%

Sale

11% 13%
33% Sale
30% 31
88% 90%
5%.
6

19%

Jan.
106% Jan.
6% Jan.
100

12

3

5% Jan.

1% Jan.
84

Jan.

26%
26%
52%
*a

Jan.
Jan.
Jan.
jan.

2% Jan.

2 103% Jan.
Jan.
3 112

13

7% Jan.
15% Jan.
16% Jan. 26 217% Jan.
Jan.
36% Jan.
3 37
12

Jan.

18

Jan.

103
116

Jan.

106% Jan.
7% Jan.
18% Jan.
46
113

26

8
4

12
3

Jan.
Jan.

31
29

17
31

Jan.

23
3

8

Jan.
Jan.

1% Jan.

7% Jan.
2% Jan.

31

19% Jan.
49% Jan.
114% Jan.
1% Jan.

Jan.

12
9

8

Jan.

2% Jan.

19
11
10
12
9

22

22

88% Jan. 26

34% Jan.
31% Jan.
95% Jan.

13%

4%

Sail*

1%

Sale

3%

14%

*35"" "39""
7%

Sale
4%

9% Sale

42%
""

44%
12

8%

Sale

34

%

1

9%
32
46

4% Jan. 22
3% Jan' 26

10%

Jan.

9

9% Jan.

Sale
48

33% Jan.

11

32
12

5% Jan.
3% Jan.

Sale
Sale

2

12

$6 preterredPublic Service of Clorado—
-

*

11% Sale

Jan.

12

47

Jan.

1% Jan.
11% Jan.

65*
3%

Jan.

26

Feb.

1%

2%

2%

Sale

111

Sale

167% Sale

74%
Sale

27%

Sale

67% Sale
89
91%
26% 29
8

7%

Sale
8

Jan.
Jan.

27

V

Sale

7%
7%

15% Sept.

26

5% Sale

Jan.

Jan.

5

Jan.

2

13
15
11
11
19

•a

Sale
Sale

21

2%
35

2%
40

1%

% Sale
4%
4%
7%
8%

5

6

91% July 14

68% Jan.
4% Sept.
Nov.

Jan.

30
2

17
25

22

6 Vs

6%
92

7

7%
98

48

Sale

*

30

Sale

45
8

ife
97%

106% 109
110% 115
90% Sale
50

Sale^

Sale

6

Sale

8*
22%

42

93

Sale

Sale
41
9

9% Sale

"/A ""%
4% Sale

3
16
4

Jan.

16
15

Jan.

15
5

Jan.

3
9

1% Jan.

% Jan.
Jan.

% Sale
8

9%
7

9%
Sale

99% 105

Sept.

Mar. 28

Apr. 12
7% Apr. 11

24
29% Nov. 3
% Dec. 29

29

Jan.

4

Jan.

1

39% Jan.
8% Jan.
% Jan.

Sale
Sale

Jan. 31
5
Jan.

Jan.
Jan.
6% Jan.
8% Jan.

13

5

31

11
24

41% Jan.

5
31
31

11

Jan.

31

2

Jan.

8

8% Jan.
8
41% Jan.
8
11% Jan.
6
61% Jan.
5
11% Jan. 31
102% Jan.
5
1% Jan. 10
11
13

9

1% Jan.
Jan.

26

Jan.
Jan.

Jan.

Feb.
7
Nov. 29

2

Jan.
Jan.

& Apr.
3
Apr.
x7% Nov.
24 101% Apr.
5
16% May
13
16
2
8
5

Jan.

27

89

106% Jan.
112% Jan.

5
26

104
107

8

50% Jan.

3

23

$"

35% Oct.
7
Apr.
XA Jan.
3
Apr.

4

93% Jan.

7

n'd

i

Jan.

4% Aug.
Nov.

26,350
9,125
6,600

1,500
730

67,425
49,960
13,500
1,000

6% prior lien pref—.—100
7% prior lien pref
j-100
Puget Sound p & l $6 pref—
$5 preferred--.
——*
Puget Sound Pulp & Timb— *
Pyle-National Co com—..... 5
Pyrene Mfg...—...
-10

103% 104% 106% 109
110

24% Sale

"5% ""6%

78% Sale
12% Sale

4%

400

9,700

150

4,160 Quaker Oats com.
6% preferred..—.——-100
4,850
-*
950 Quebec Power Co.....

118
150

6,125
■Z
1.757 Rys & Util invest cl a com—1
Raymond Concrete Pile—
Common
18,250
$3 conv pref.
2,140
10,500 Raytheon Mfg com.—....50c

11

670

750

650
80

700
800
900
800

2,000
100

67,000
1,600
600
300

1,400

28,800
14,700
6,800
46,000
5,200

Red Bank Oil Co
Reed Roller Bit Co-.

Sale
155

17%
Sale

Apr. 18 106
Feb. 20 112

44% Jan. 13
Apr. 11

26

6%
117
150

12%
9

*

For footnotes see page 53*




...1

12% Sale

6%
119
151

13%

7
124
Sale

78

Jan.

11% Jan.
6% Jan.
117
151

3

6% Jan.

Jan.

4 121

Jan.

Jan.

9 153

Jan.

15
30
5

8% Jan. 27

Sale

10

Jan.

4

Jan.

10% Jan.

13

13% Jan.

37

35

Jaa.
Jan.
Jan.

25
- 8
19

37% Jan.
1% Jan.
2% Jan.

11
2

5%

Jan.
Jan.
% Jan.

15

26% Jan.

10

5%,

,12%

3$

8
2
31

Jan.

6

% Jan. 20
13% Jan 31

%

%

2%
25%

Sale*

Sale

13%
6

15
Sale

lA
6

Sale

6%

2%
24%
5%

13%

25% Sale

%

1%

6%
2%

%

'A

5^

Sale

6

%
2%
24%
6%

13% Jan.
5% Jan.

12

% Jan.

9

by

Jan.
5% Jan.

1%

if

1% Jan.

25
5
9

%

V

% Jan.

5

ia
19
4%

*
19*

19

6

v

6% Jan. 18
m# Jan.
9
19% Jan. 22
5% Jan,
4
2
Jan.
8
Jan*

25

Apr. 21

Mar. 6
Jan. 17
Dec.
9
Nov. 16

Sept.

7

Nov. 17

Aug.

4

Mar. 10

9

Oct.

30
July 19

90% Dec. 29
50% Dec. 30

24 104% Dec. 21

Sept. 7 110% Dec. 14
14 26)
Aug. 3
Jan. 12 78)
Dec. 30
May 22
13
Dec. 19
6% Apr.
8 12
Jan. 19
4% Feb. 11
7% Nov. 18

108
139

16

14

11

Sale
Sale

... ...

153*
16

Sale

% Sale

.1
120,200 Republic Aviation Corp
41,100 {Reynolds Invest com..——1
Rheem Mfg Co
.....1
..*
6,700 Rice Stix Dry Goods Co
.1
51,300 Richmond Radiator com

Voting trust ctw

118*

80

34
ty*

Sale

12,300

6%

110% 113
26% Sale

93
8 105% Jan. 25
Jan. 24 100
15 111
14
2 32% Jan. 10
24 85
Jan. 10
34%
4
26 13% Jan. 11

Jan.

Apr. 10 126
Oct.

9

Mar.31

7% Dec. 19
% Nov. 21

Reiter Foster Oil Corp
50c
Reliance el & EngCo——.5

Rio Grande Valley Gas co—

4,600

16%

5%

_.*

Reeves (Daniel) com—

Sale

15% Sale

104% Jan.
109% Jan.
24% Jan.

6
Sept. 16
9

Mar.

100% Mar.

Public Service of Oklahoma—

270
120

6

S

12
102

Dec.

1

13

31

7

2% Sept.

3

12

6
6

Dec.
8
Dec. 12
Dec.
8
3
2% Jan.

10
15

4

Jan.

27
31

16

Apr. 10

Jan.

30
8

Dec. 18

Apr.
8 310% Jan.
4
Apr. 11
9% Sept.11
Sept. 5 120
Aug. 19
Sept. 14 31% Dec.
5
Jan. 24
7% Sept. 15
Apr. 10
9% July 24
Apr. 10 36% July 22
Aug. 24 18% Feb. 23
Dec.
8
Sept. 20
Dec. 22
3
2% Jan.
Apr. 10
8% Aug. 1
Oct. 27
43% Aug. 15
Apr.
8 14% Sept. 20
Sept.
75% Sept. 27
Apr.
8 12
Sept.20
Apr.
8 117
Mar.
7

Jan.

21%

Dec. 27

_

20

6

Dec. 29

18
Sept.
84% Mar.
94% Sept.
28% Dec.

4

97% Jan.

Jan.

% Mar. 10

114% Dec. 13
179
Sept. 25

8

Jan.

15% Nov. 18

34% June 19
29% Nov. 3

5% Jan. 30

8% Jan.

83

3

Nov. 14

45

11%

Jan.
Jan.
Jan.
Jan.
Jan.

45

Mar. 16

110

4% Jan. 23
6

14

34% Nov. 30

2% Nov. 2
3% Sept. 27

6
9

18
8
16

3
6

Jan.

19
10

5
8% Jan.
81% Jan. 25

20% Jan.

7% Jan.
4% July
16

68

Jan.
Jan.

106% 109% 106% Jan.
110% Jan.
113% 115
83
45

7% Mar. 10
22% July 27
4 101% Mar. 9

38% Dec. 15

23 120
31

Jan.
Jan. 23

1% Jan.

1% Sale
40

Jan.
Jan.

9% Jan.

4

5

3% Nov. 14
Apr. 17
8% Apr. 27

4

9% Jan.

1%

3

Sept. 22
9
Sept. 28

11

8% Jan.
8% Jan.

99

1%

July 24
Dec. 29
Nov.

Jan.
Jan.
Jan.

7% Jan. 12
6
Jan. 20

13

1%

Dec. 18
Oct. 24
Dec. 30

14

13

55

1%
10%

Aug. 16

Oct. 23
35% July 24
31% July 22

1

Sale

Jan. 24
Dec.
5

10% Sept.

1

24

1%
7%
40%
9%

Sale

4
Dec. 12

Jan.

3
9
11

Jan.

9% Jan.

12
Sale

5

2% Jan.
12% Jan.
38% Jan.

Jan.
90% Jan.
27% Jan.

Jan.

6% Jan.

Sale

23

Apr. 21

2% Sept.

19

14% Jan. 31
34

26
31

12**

67
79
27

34

Sale

2

16% Oct.

97% Apr.
8 10854
90
Aug. 25 112%
.10% Sept. 12 115%
.04% Jan. 27 115
96% Sept. 16 106%
7% July
7
9%
8% Apr. 11 19%
35
Apr.
6 49
.06
Oct. 16 113
1
2
Apr. 10
5% Sept. 12
6%

15
35

Jan.
Jan.

Jan.
Jan.
Jan.

118
Jan.
30% Jan.
5% Jan.

2% Sale

Dec. 27

20% Mar. 16
37% Nov. 18

11

Jan.

2

112% Sale 111
172
174% 166% Jan.
72% Sale
83% Sale

5

6% Apr, 11
14% Aug. 23
24
Apr. 10
~"

9

65
2
10 110
2 112%
15 173%
8
14
2
72%

110

230
6% 1st preferred
—100
180
7% 1st preferred100
45.060 Public Serv of Ind pr pref-——*

$6 preferred

Sale
Sale

9

Jan.
9
% Feb. 14
Apr. 11 102% Dec. 15
Dec. 14
Apr. 13 110

81
87
4.

4

%

'A

V* Sale
aV14
2

Feb.

4

8

26% Sept. 18

10% Jan.
35% Jan.

43% Jan.

14% Sale
33% Sale

%

%

2%

9% Sale
6%
7

.

*
650 Prentice-Hall Inc com-—
28.400 Pressed Metals of Amer.—...1
49,500 Producers Corp
25c
21,800 Prosperity Co b common—...*
*
5,525 Providence Gas Co....—
36,900 Prudential Investors com----*

Dec.

Dec.
7
273
49% Oct. 13
1% Sept. 15

6
18% Sept. 27

12

91

-

28

June 30

May 22
Apr.
6
July 27

28% Sept.

20%

4% Sale
3%
4%

7

Jan. 16
Dec. 30

Apr. 19
42

8

33% Jan.
31% Jan.

6% Feb.

843

Apr. 10
Mar. 31

92

7%

71,000 Pitney Bowes Postage Meter-*
1.150 Pitts Bessemer & l e rr...50
11% Sale
—1
78,600 Pittsburgh Forgings Co
64
Sale
19.345 Pitts & Lake Erie rr——.50
19
19%
16,900 Pitts Metallurgical co—-.10
108% Sale
67,600 Pittsburgh Plate Glass com—25
11,500 Pleasant Valley Wine Co——1
8%
-7.50
17.700 Plough Inc common
600 Pneumatic Scale Corp Ltd—10
2% Sale
25c
32.600 Polaris Mining Co
59,600 Potrero Sugar com.—..—5
.5
53.900 Powdrell & Alexander com900 Power Corp of Can com
*
70
6% 1st preferred—-—-100
———*
17,100 Pratt & Lambert
55,000 Premier Gold Mining-.—.—1

3% Aug. 24
53

6

3
16
3
30

115% Jan.
107% Jan.

98% Jan.
115
113

2

3
21% Jan.
110% Jan 26

19% Jan.
107

25
3

25

preferred

60,400 Pharis Tire & Rubber co——1
23.300 Philadelphia Co com
610 Phila Elec $5 div preferred—*
6,675 Phila el Pow 8% pref.
25
87,000 Phillips Packing Co
...
458,100 Phoenix Securitiet, common-.. 1
39.610
$3 conv preferred a
—10
15,500 Pierce Governor co com——*
1,200 Pines Winterfront Co———1
1
106,400 Pioneer Gold Mines Ltd

33,155

29
30

98% 103

31

2%
-2.60
2,000 Penn Traffic Co—
1%
463,700 Pennroad Corp com...—---1
8%
1
100,000 Pa Cent Airlines com
525 Pa Edison Co $2.80 prei
*
800
$5 preferred
--*
3
7,600 Pa Gas & Elec class a-——-—*
3.645 Pa Pow & Lt $6 prei
*
98%
14,500
$7 preferred----—-—
*
5,725 Pennsylvania Salt Mfg
.-50 166
1,775 Pennsylvania Sugar Co
20
73
28,700 Pa Water & Power—.—-—*
9,900 Pepperell Mfg Co
100 69
25%
*
1,200 Perfect Circle com

2,050

19

Jan.
Jan.

115% Sale

2,000 Penn Mex Fuel common.—50c

27,000
27,000

Jan.

21% Sale
Sale

107

Sale Prices

4% Jan.

pref-100

Pacific Can co common

Pacific g & e 6% 1st

6%
7%
14%. Sale
16%
18%
35% 36%

Sale

Sale
* 100
110% 111%

Oil 6% pref-100
Power 6% preferred--100

605
6% 1st pref-——100
5
2,000 Oilstocks Ltd common..146,500 Oklahoma Nat Gas com--—15
19,625
$3 preferred
---50
2,275
$5.50 conv pref—
*
47,300 Oldetyme Distillers
1
200 Oliver United Filters b——*
5,800 Omar Inc.-----------------1
-*
9,200 Overseas Securities Co

1,500
117,400
26,400
2,330
3,300
2,600
175

5
Sale
Sale
30

25

410
410
200

Sale

Highest

Sale Prices

Sale

60

100

Lowest

Sale Prices

% Sale

24

%

Highest

Sale Prices

4% Sale

50.

3%

Lowest

Ask

74

27

%A
2%

1,000

Brass class b
Edison $6 preferred

•

25%

*

Ohio
Ohio
Ohio
Ohio

4%

49

27,800 Novadel-Agene Corp-—

575

o

Sale
Sale
27

1
84

1,200

3,500

Ask Bid

Bid

12
16
29

400

Jan. 31

Jan. 2

Shares

1,800
6,000
1.425
1,000
1,000

YEAR im

Price

NEW YORK
CURB EXCHANGE

12 Months

January

.

RANGE FOB

PRICES IN JANUARY

SALES

In

12
35

12% Mar. 9
% June 21

8

21
41

% Aug. 20
1% July
6
Aug. 24
Jan. 24
% Jan. 30
9% June 27
2% Jan. 31

23
5

Dec.

2

3% Sept. 5
1% Dec. 22
% May 19

8

18% Mar. 10

Dec. 26

Apr.

Aug.

158% Jan. 23

4
Mar. 11

Jan.

2% Jan.

17
5
Jan.
4
Jan.
4
33
8% July 28
A Sept. 12
16
Sept. 27
7% Nov. 4
% Jan.
3

6% Sept. 11
4

Jan.

5

*A May 26

NEW

48

YORK

In

Jan. 3

1939

2,825
225
10

2,800
600

28.300
11,300
53,700
8,900
16,500

900
400

2,000
400

300

75

1,000
2,700

17,700
9,600
181,000
4,050
18,500
31,700

400

800

750
100

12,900
350

100

125

22,500
3,400
4,500

355,600
3,700
61,600
15,600

300

1,900
3,500

"""290
50
800

3,400
700
400

6,600
4,700
250

5,900

7,700 Savoy Oil Co
5
*
9,050 Schiff Co com
25
100,500 Scovill Mfg Co.
10 Scranton Elec $6 pref
;
1,510 Scranton Lace Co common__Scranton-Spring Brook Water
Service $6 preferrek
775
.'
49,512 Scullin Steel Co common
Warrants
81,600
11,700 Securities Corp Gen'l com
2,500 Seeman Bros common
108,600 Segal Lock & Hardwardcom.-l
205,100 Seiberling Rubber com
*
5,850 Selby Shoe Co com
...1
103,500 Selected Industries..

12,600
7,670
5,700

750
550

1,200

5

Convertible stock

1

11

2554
1754

ix
11x
Sale

19

Lowest

Highest

Sale Prices

Sale Prices

115

....

1154 Sale
154
254
3

15

9

11

154
154
2954

Sale
Sale
154
33

% Sale
654

Sale

62

67

68

22

96

Apr. 21 10554 Aug.

2

29

99

Dec. 28 102

Feo.

3

8

Jan.

19

154 Jan.
254 Jan.

2
254

Apr. 14 112
15
1054 Dec. 29

Apr.
J an.

14

2

Jan.

22

154 July

Jan.

2

754 Jan.
54 J an«

o

154 Apr.
454 Apr.
54 Apr.

12

30

6054

354

1454

1454
4654

Sale
45

14

45

44

254

254
a

VA

4

354

15

22

1554 Jan.

43

Jan.

25

47

2

Jan.

18

254

18

12

36

2954

15s
13 54
14
2854 Sale

23

24

26)4

10

8)4

854

Sale

1

54
854
54

,54

Sale

554
654
5154
5454
54)4 Sale

31

3
24

6

30
18

35

Jan,

18

38

Jan.

26

1

Jan.

26

1254 Jan.
2854 Jan.

14

Jan.

17

31

31

Jan.

12

26)4 Jan.

30

Sale

Jan.
15

45 % J an.

15

Jan.

17

954 Jan.

3

54 Jan.
54 Jan.

18

1

Jan.

2

11

% Jan.

9

Jan.

12

39)4 Jan.

2

54 Jan.

18

Jan.

16

% Jan.
854 Jan.

27
5

1054 Jan.
54 Jan.

11

8

39
7

Sale

55

Sale

5

Jan.

16

54 Jan.
6vs Jan.

2

11

10

5

Jan.

13

5254 Jan.
52)4 Jan.

4

54

Jan.

31

4

55

Jan.

24

554

54

8!

154 Jan.

Self ridge Prov Stores, Ltd—
American dep rets reg
£1
1,400

22,800

6,000
400

4,100
250

1
16,800 Sentry Safety Control
600 Serrick Corp class B com
1
♦
9,000 Seton Leather com
5
117,000 Shattuck Denn Mining
11,700 Shawinigan Water & Power.-*
58,325 Sherwin-Williams Co com—25
5% cum pref A A A
3S150
100
625 Sherwin-Williams

750

*A
54
254
3
654
654
.854 Sale
2054
21
109
Sale

*

of Can

Shreveport Eldorado
Pipe Line stamped---...-25
..♦
5,600 Silex Co (The) common

54j Jan.

% Sale
1

754
5 54
1854
9454
113 54
1054

154
9
Sale
1854
Sale
Sale
Sale

1

754
Sale

54 Jan.

12

2

7
5 54

1854 Sale
Sale

93

6 54
1854
9654
25 114%
2
10)4

554 Jan.
18% Jan.

31

92

Id

Jan.

11154 Jan.
10% Jan.

3

Jan.
Jan.
Jan.
Jan.
Jan.

8

31
5

10

30

100

500
200

1,900

"410

600

4,600

1,200
500

2,900
2,200
240

1,300

Sonotone Corp
Soss Mfg Co

2,900
4,200
275

200

7,400
300

2,100
370
400
100
100
100

5,100
2.350

"

3~,6O5
11,200
1,450
30,200
49,300
1,950
20,600
5,410
10,800
8,600
6,600
2,400
31,400
17,150

Sou Calif Edison 6%

800
500

4,100
10,600
3,800

Southland Royalty Co....—5
South Penn Oil
25
So West Pa Pine Lines

Am dep rets ord reg shs—£1
Spencer Shoe Corp
..*
Stahl-Meyer Inc com
Standard Brewing Co
Standard Cap & Seal com
Conv

preferred

Standard Dredging Corp—

..*
1

10
1

8,400
$7 preferred
4,900
44,500 Standard Products Co
106,200 Standard Silver Lead

♦
1

94,300 Starrett (The) Corp vt,C_....l

100

"l'loo
900

1,700
50

100
250

1,000
300

6,500
650

1,000
25

2,000
3,700
2,700
200

1,800

22,500

♦

Sterchi Bros Stores Inc

*

6% 1st preferred
50
5% 2d preferred
20
Sterling Aluminum Prod
.1
Sterling Brewers Inc..
...1
Sterling Inc
1
Stetson (John B) Co com..
Stinnes (Hugo) Corp
.-..5
Stroock (S) & Co Inc
...._*
Sullivan Machinery Co
♦
Sun Ray Drug Co com
.1
Sunray Oil
.....1
534% conv preferred
50
5,400
25
19,500 Superior Oil Co of Calif
100 Superior Portl Cement A
350

-

.15

Taggart Corp com
1
Tampa Electric Co.
..♦
Tastyeast Inc class A...
1
Taylor Distilling Co
1
Technicolor Inc common....

For footnotes see page




2

53.

154 Jan.

24

1554 Jan.

29

Jan.

10

154 Jan.

3

150

Jan.

19

23 155

Jan.

8

Oct.
Oct.

Sept.
Aug.
Sept.
Apr.

3
5

3

13
16
22
25

24
27

554 Sept. 1
54 Aug. 21
% Dec. 27
31
Mar. 30
H June 29
454 Jan. 27
x954 Aug. 24
54 Apr. 10
454 May
8

4854 Aug. 29
485a Aug. 29
54 Nov. 15
54 Jan. 16
154 July 11
6
Apr.
8
554 June 30

Nov. 21

36

Aug.

9
12

1554 Sept.
2
Sept.
154 Fea.
43 54 Nov.
% Jan.

12
17
24
7

10

20

Oct.

15

Apr.
4
154 Sept. 13
954 Jan.
3
6954 Mar. 9
70

Mar.

9

1 54 Aug. 17

% May

9

254 Sept. 13
954 Jan. 20

10
Sept. 6
2
2254 Mar. 10
Aug. 24 11354 Mar. 13
Dec. 26
10654 Sept. 6 116
17

Oct.

81

Oct.

11

14

A Feb.
954 Apr.

6
11

Y» Feb.
6
1654 Oct. 18

10

Jan.

s2ofl
29 54
44%

V*

454
2%
Sale

3054
4554

«JM 7\h
155

142

154
154
154 Sale
454
4)4
254
254
2954 Sale

254

554
3254

654
33

554

554

Sale

41

2154
254

23

254
Sale

12

3H Sa3l8H

554
254

454
254

% Sale
154
254
2%

2

54

54

1654 Sale
2154 Sale
154
1154

254
13
Sale

12

1754 Sale
19

20

104
Sale

101
1

1954 Sale

Sale

10

5

954 Sale
54
54
2254
254

Sale
254

12)4
9%

2054
29

54

154

a

^

Sale

154

31

Jan.

30
3

46

154 Jan.

17

2

45

2

11
3

3

22

Jan.

4

Jan.
Jan.
Jan.

5

10

654 Jan.
554 Jan.

13

Jan.

254
1454
554
4054

254 Jan.

15
3

Jan.

2

2

% Jan.
154 Jan.
2

254
13 54
10 54
2054

12

554 Jan.

„

24

2% Jan.
1354 Jan.

Sale

]
a

Sale

25

154
354
154
27
25
Oct.
36)
May
1)

1154
354

Sale
1254
454

154 Sale
12

1354

654

Sale

354
3 54

254
354

554

4

Sale

35

13

3

Jan.

Dec.

1%
154
54
13
1754

Dec. 19
Mar. 31
Mar. 28
Dec. 11
Dec. 11

254 Dec.

2
4

54 Jan.

23

Jan.

Jan.

554
154
254

3

Jan.
Jan.
Jan.
Jan.

23

May 31

11

June

8
2

54 Dec. 21

10

Dec. 23

11

Jan.

19

%A Jan.

15

5
21
May
654 Apr. 12
8
Apr.
1554 Apr. 11
5
154 July

Jan.

12
8

30

40 54 Jan.

3

10

22

154 Jan.

11

154

154

1

Jan.

18

154 Jan.

5

Sale

9

554
2
2%

«S

l!" Bg

54

954
954

54
10
1054
Sale

12

Jan.

2

1354 Jan.
454 Jan.

19

4

33

554
154
254

Jan.

29

35

Jan.

2

Jan.

23

6

Jan.

5

15

2

Jan.

12

23

29

16

254 Jan.
454 Jan.
54 J an.

954 Jan.

4

1054 Jan.

9

9 54 Jan.

13

10
12

4

5%
154
2)4
4%
54

Jan.
Jan.
Jan.
Jan.

12

10

5

5

10

Jan.

102

Jan.
Jan.
J an.

11

31
2

254

Sale

3854

Sale

3454

2

4354

Sale

33

Sale

38
3454

1 %

Sale

32

35 54

3654 Jan.

11

3554

3654

22

654

6

6

454

Sale

36

h

«

54 Sale
2254 Sale

654
6

654
Sale

Sale
54
54
54 „ ,54
1254 Sale

35

z654 Sale
5

554

3554

%

^
15

36

54
Sale

1054
1%
3454
34%

Jan.
Jan.
Jan.
Jan.

3

36

Jan.

Jan.

9

13

Jan.

9

rr654 Jan.

31

954 Jan.

19

454 Jan.
3454 Jan.

12

% Jan.
X Jan.
1254 Jan.

6

12
29

5

5
2

2

Jan.

2

3654 Jan.
)4 Jan.
54 J an.
1554 Jan.

23

•

6

6

5

8

Apr.

5

% Dec. 21
7354 June 26

•A Mar. 21
354 Sept. 11
3% Jan.

July
July
July

18
26

#

Jan.
Jan.

12
14
27
31
21
21

July

12
2054 Dec. 30
3254 Dec. 29
Dec.

1*
45*

29

Feb.

6

Jan.
Feb.

4
6
Mar. 11

Sept.
Oct.

6
24

254 Sept. 12
3054 Dec.
454 Jan.
74

8
4

June 23

10

14

28

39

Dec.

11

Nov. 28

May 25
254 Apr.
8
Jan. 13
754 Jan. 10
454 Apr.
8
154 Dec. 27
254 Mar. 31
4
Sept. 7

16

13

654

19
"1

4 108

3

9

Jan.

11

19

54 Jan.
3454 Jan.

12

11

Jan.

Jan.
Jan.
Jan.
Jan.

20

9

54 Jan.
54 Jan.
2754 Jan.

12 109

10854
54
54
2254

19

W

Apr.
Apr.

12

27

Aug. 24

Jan.

Sale

154
1054

1
9

6
2
25a

7

Jan.

19

1
3
9
6

Oct.

30

154
12)4
1054
2054
3254

24

17

27

454 July
July

12

1

15
4%

654 .Tan.
23

10

154

1354
354

Dec.

4054 Nov. 24

July

2154 Jan.

Jan.

Mar. 11

454 Oct. 18
254 Aug. 26
1554 July 22

Jan.
154 Apr.
Mar.
5
Sept.
2654 Aug.
dx

10

2

3

3

Aug.
254 Apr.

3

Jan.

Jan.

65 54 Aug.
16054 Dec.

154 Jan.
12 54 Jan.
854 Jan.
20

2

46

1954 Jan.

23

2

May

2954 Dec. 30

10
8

25

6

June

Oct.

30

18

1

Sale

6

15

Jan.

6

454 Sept. 29

Jan.

14
3 54

a9^
m

25
11

16

23

Nov.

100

2

14

29

Sale

29
8

Jan.

2

3

23

% Jan.
I54 Jan.

4

54 Jan.

Jan.
Jan.

44

2

Jan.

Jan.
Jan.

3
17

16

2

Sale

9

34

154

148
23

30

%

Sale

29 54 Jan.

654 Jan.

54
1454 Sale
2054
2154

Sale

Sale

22
3

25

6
2h

1%
154
54

Sale

9 54

Jan.
Jan.

5

Jan.

4 54 Jan.

554
554
4154 Sale
23 54
25
2%
3
12%
1354

2054

40

25
6

Jan.

2

654

554
254

32

%

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

20
10

454 Apr. 26

Dec.
Jan.
Dec.
May
Dec.
Feb.
Apr.
Apr.
Sept.
Sept.

42

10754 10854 10854 109

%

13

3

154
1%
454
2%
30%
2954

75
169

6d

154

2

154

154

%

Sale

14

3

4

154

154

654
4

154 Jan.
154 Jan.

2854 Jan.

'44"" "46 54

164

170

162

1

%

July 20
16
July
2 54 Feb.
154 Dec. 29
3
Jan.
154 Apr. 10
Jan,
116
Sept. 12 219
16

154
84 54
54«
a954

254

Class B common

Swan-Finch Oil Corp
3,900

99,200
36,450
10,900
30,400
209,500

10

20

225 Steel Co of Canada ord
Stein (A) & Co com

3,550
29,500
1,175
1,600
25,300
11,500
56,675
11,100
10,600
9,500
17,710
1,400
178,100

Sale

*
.-.--1

8,000

& Acid Works

154
c,

10

500

2,400

Jan.

2
154

154
154

1

Sale

Spalding (A G) & Bros Inc
1
5% 1st preferred
*
Spanish & General Corp Ltd

191,600 Standard Steel Spring Co...-5
Standard Tube class B
1
5,500
Standard Wholesale Phosphate

""250

Sale

*
25

Preferred A

Class B common.

750

354

10
.--10

Southern Union Gas com

Common

254
54

Southern Colo Power cl A—25

104,300 Standard Power & Lt com—.1

10,100
3,400

Jan.

8454 Sale

25

7,300

350

15

14

150

154

2

25

Southern Phosphate Co
Southern Pipe Line

154
2

154
154
152

pref B—25

5% % pref class O
5% original pref

250

50

Sale

1

9,300
$1.60 conv preferred
20
2,140
13,960 Stand Invest $554 preferred-_*
89,200 Standard Oil (Kentucky)-...10
25
51,500 Standard Oil (Ohio) com
5% preferred
100
4,050

100

254

154
3

-—1
1

...

South Coast Com com

7% preferred
370
100
610 South New Engl Telep Co.-100
100

Sale

14

*

Corp conv pref—

51,000 Simmons H'ware & Paint Co..*
1
16,400 Simplicity Pattern Co
100
6,100 SingerMfg Co
Singer Mfg Ltd—
Am dep rets ord reg shs—£1
24,825
245 Sioux City G & E 7% pref.100
300 Skinner Organ Co common.-.5
75 Smith (Howard) Paper Mills.*
-1
32,700 Solar Mfg Co
56,700
15,900
29,600
39,500
26,400
5,379
9,000

1254

14
19

1054

254
4154
154
1554
3854
11454

Pub

Simmons-Boardman
100

Jan.

17

Dec.
Nov.

Jan.

3

254 Sept. 14
5
454 Jan.
Oct. 25
15
454 Sept. 9
64
Sept. 8

54 July

21

5
5

Jan.

3

954 Jan.
1854 Apr.
11454 Apr.
1654 June

2

14

Jan.

654 Mar. 10
1554 Sept. 22
47
Aug.
4

54 June

1

% Sale

5 54

3

Jan.

754 Sale

Sale

2
20

Jan.

8%

4254

39

Jan.

15

Jan.

24

28

I ,1

1

54

3954 Sale

31
24

1

1

154
1254
30

12

6

7

154
1

11

19

Jan.
Jan.

71

Apr.
254 Sept.
7
Apr.
3554 Apr.
154 Aug.
54 Apr.
2% July
1354 Dec.
154 Sept.
37
May

31

Oct.

43*

45

3 54 Jan.
75 54 Jan.
7 54 Jan.

Sale
33

39

2

4

Jan.

2% Jan.
1% Jan.
454 Jan.

12

254 Jan.
5754 Jan.

62

Oct.

5
11

Mar.

35

Sale
Sale

73

154 Jan.
3 54 Jan.
15
Jan.

Sale

354 Sale
5754 Sale
7 54 Sale

5

30

19

30

154
2
154 Sale

Sale

4

Jan.

3 % Jan.

Jan.

3)4 Jan.
1354 Jan.

56

57

55

63

3

4

2454 July 12
1354 Feb. 27
254 Jan. 20

2354 July
854 Sept.

2

29

.

29

3

9

16

Jan.

12)4 Jan.

18

78. Jan

% Sale

14

37

1

154
954 Sale

17

Jan.

1%
254

54

10 10354 Jan.
Jan.

29 104

112

1254 Jan.

Sale

11

Jan.

----

7

Sale

754
54

11654
14

12

1154

Jan.

104

4554 Jan.
12 x

6254

25

$5.50 prior stock
Allotment certificates

Highest
Sale Prices

101'

36

*

290 Sanford Mills

10

200

Lowest

Ask

Ask Bid

Bid

Sale Prices

Jan. 31

Jan. 2

1939
Ask
(Concluded)
Par Bid
Rochester G & E 6% pf D..100
6% preferred C
100
Rochester Telephone Corp—
6 54% 1st pref---100 114
15
1554
Roeser & Pendleton Inc
*
Rolls-Royce Ltd—
Am dep rets ord reg
£1
13
Sale
Rome Cable Corp common—5
154 Sale
Roosevelt Field Inc..
5
254
2 54
Root Petroleum Co com
1
5
7
$1.20 con v preferred
20
54
*A
Rossia Tnternat Corp
*
Royalite Oil Co Ltd
68
71
Royal Typewriter com
5 54
Russeks Fifth Ave Inc
2-50
6
12
Sale
Rustless Iron & Steel Corp.—1
40
42 54
$2.50 conv pref
3
Sale
Ryan Consoi Petroleum
54 Sale
Ryerson & Haynes Inc com—1
St Lawrence Corp Ltd
*
A $2 conv preferred——50
3 a Sale
St Regis Paper Co—
5
5854 Sale
7% preferred..
100
17
Sale
Salt Dome Oil Co
1
Samson United Corp com—.1
1a
2

STOCKS

Shares

year 1939

Price

CURB EXCHANGE

12 Months

January

300

range for

prices in january
NEW YORK

Shares
275
25

EXCHANGE

CURB

aggregate
sales

% Dec. 27
Apr.

10

654 Apr.
10
Apr.
154 Aug.
31
Apr.
3354 Dec.
4054 Oct.
11
Dec.

6
6
24
10
12
14

8

4

Aug.
5
554 Nov. 20

6)

Jan.

3
4

Jan.

Feb.

5

5
4
5

754 Feb. 27
Jan.

1

14

13 54 Sept. 27
11
Sept. 13

1254
254
3854
4554

Nov. 20
Sept. 5
Jan.
3
Mar. 14

42

Mar. 14

18

16

Nov.

June 26

7

254 Aug. 21
2854 May 10
54 May 11
54 July

954 Sept.

5

5

1

Nov. 22

654 Dec.
8
365$ Jan. 10
54 Mar. 24

% Feb.
2254 Jan

6
3

Feb., 1940j

NEW

YOBK

CURB

AGGREGATE
SALES

January

Shares

stocks (Continued)

1,700
300

Texas P & L 7% pref
Texon Oil & Land Co—
Thew Shovel Co
Tilo Roofing Inc

Par
100

2,600

Bid

Jan. 2
Ask

94

87

2

3% Sale
15

5

14 %

1
*

15

*

common

57

Tishman Realty & Constr
925 Tobacco & Allied Stocks
47,100 Tobacco Prod Exports

300

Sale

*

Am dep rets ord reg shs
3,300
Am dep rets def reg
1,700
15,550 Todd Shipyards Corp

~l"l66
120
60
400

920 Toledo Edison 6% pref
965
7% preferred A

17,600
53,600
74,200
61,300
2,200

2,300
900

4,500
100

4,300
1,100

1,100
800

£1

5s
*
100

K

IK

54

% Jan.

4K

14%
16
1%
IK
77
82
101% Sale

OK
K
63 K

9

1

Jan.

26

4K Jan.

20

59
5

10K Jan.

20

64% Jan.
105% Jan.

60

4%

3

57

Sale

*
*

com

475

*

partlc pref

♦

36
2K

Sale

10

K Sale
33% Sale
2%
3K

2%
7

OK

4%
5K
3

1

$7 1st non-voting pref....

h

IK

13

1%
UK

4.
.Sale

17 K

IK
12 K
3K

2

6K

3%
42K

4h
44K

13%
59

3K
84 K

Sale
Sale
K

IK
93 K

2*
12 K
3K
Sale

IK
1

♦

34 K
22

♦

68

U S Foil class B

♦

U S Graphite Co common
U S & Internat Sec com
1st preferred with warr

14

pref

♦

U S Radiator common
U S Rubber Reclaiming...
U S Stores Corp com

Sale
Sale

Sale
IK
Sale
24 K
78

Jan.

31

3

J an«

12

Kb Jan.
x8K Jan.

19

31
20

4

5K

4K

5K

K

31% Jan.
2K Jan.
7K Jan.

26

36

32 K
3K

7K

v t c

1

"In '"IK
Sale
Sale

16

24
4K

2K

4K

17 K

4K

Insurance

8

Pictures

1

10%
7%

com

Products Co

*

com

$5.50 priority stock
Utility & Ind Corp com

Sale
4%

Sale

Sale

4% Dec. 29
% Dec. 18

5

% Dec. 28

IK Jan.
12% Jan.

10

1% Jan.
4
10% Sept. 15
1% Apr. 10
12% Jan. 27

2% Sept. 14
14% June 19

6% Dec. 27

7% Dec. 27

18

12

2K
3K

4

2
18

5% Jan.

15

6
12 n

12

Jan.

14

65

60

Jan.

62

K
K
OK
IK
92K
Kb

Jan.
Jan.
Jan.
Jan.
Jan.

K Sale
K
K
IK Sale
99

Sale

Kt Sale
84

88

1

K Sale
Sale
24 K

30 K
23

5K

81% Sale

"l~K Sale'
5

Sale

2K

2K

1

Sale

2

1

52

2%
63%
i/

5

1%
14%

1%
13%
2

1
IK
52 K Sale
%
h
IK
IK
18 h Sale

Sale

IK

IK

30

18

19 %

27

Sale

25

26

72

75

1

Virginia Pub Serv 7% pref. 100
Vogt Mfg Corp
*

K Sale

"Ik "ok

>rlH

10% Sale

Sale
Sale

*

20
7% preferred
100
1,500 Wahl (The) Co common.
*
2,200 Waitt & Bond Inc class A
♦
5,000
Class B.
♦
26,900 Walker Mining
1
9,900 Wayne Knitting Mills
5
19,900 Wellington Oil Co common
1
39,600 Wentworth Mfg Co
1.25
51,200 Western Air Express Corp
1
680 Western Grocery com
20
Western Maryland Ry—
1,690
7% 1st preferred
—100
Western Tablet & Stationery
3,550
Common
*
3,850 Westmoreland Coal Co
1,425 Westmoreland Inc
*

Sale

Sale
2K

3 K

Sale
18%
OK Sale

18

1]
61 j

Sale
62




3% Apr.

8

Feb.

27

% July
Apr.

24
4

26

Kb Jan.

11

24

24

Apr.

80

Jan.

3

K Jan.
29% Jan.

6*
rl*

3

Jan.

IK Jan.
1% Jan.
38% Jan.

89

3
3

Jan.

Jan.

Jan.

K Jan.

79K Jan.
4

10

5

Jan.

25 240

8

Jan.

K Jan.

Jan.
*

16
9

Jan.

5

83% Jan.
43% Jan.
4% Jan.

Mar. 23

26

8

8
Dec. 27

7
June 27

8

2

5% Jan.

9

OK Jan.

9

7

Jan.
Jan.
Jan.
Jan.

Jan.

18

7

8
3

20

Mar.

6

3% Jan.

4
Nov. 17

94

% Jan.
89% July
3

21
28

Jan.

19

Apr. 10

2% Jan. 20
36% Mar. 9

20

Nov.

23

3

Mar. 20

Nov.

73% Mar.

8

6% Mar.

31

8
28
7

242

Jan.
July

Jan.

Kb
12%
2%
87%
49%
4%

Sept.
Jan.
72
Apr.
39% Oct.
2% Aug.

Jan.

Dec.
4
Nov. 28
July 25
July 28
Jan.
4

23

23

Nov.

1% Jan.
Kb Jan.

>

4%
25 237
31
Kb
9%
1%

4

9

Dec.

26

2

15% Dec. 23
65

Oct. 14
Dec. 27

69% Jan.
4K Jan.

3

18% Oct.

7
1

38

3

4% Jan.

Jan.

61

5

Jan.
Jan.
Jan.
Jan.

15

%
65%
4%
22%

12

30

Jan.

Jan.

3

19K
27K
IK
2K
Kb

2

4

22
10

Jan.

2

12

27

2% Jan.
2% Jan.
% Jan.

Jan.

13

6

Jan.
Jan.

3
3

Jan.

4

Jan.
Jan.
Jan,
Jan.
Jan.

3

5
16

6
11

Jan.

3

% Jan.
2% Jan.

3
12

14 K
5K
2K

4K
5%
IK

5%
6

IK

■sa rA
Ih 11*

1

1%
55
K
IK
IK
17% Sale

53%
%

1

3

24
8

22
2

3%
18%
9%
17%
1%

Jan.
Jan.
Jan.

66

Jan.

3
8

1% Jan.

24

Jan.
Jan.

18
27
27
8

Apr. 11

% July
50
Apr.
1% Apr.
10% Apr.
21
Feb.
1% Aug.
1% Apr.
% Jan.

8

11
12
8
7

21
8
24
3% Feb. 23

Kb Jan. 27
1% Apr.
8
14% Jan. 24
4% Nov. 30
2

3

17%
8%
17%
1%
61%

1
10

*
*

1

1

52

9%

17
25

10%

4%

Sale
6% Sale
1h

3K

% Jan.

19

26%
Sale
68

1

64

2%
4%

Jan.
Jan.

% Jan.
1% Jan,
13% Jan.

1%

16%
25%

Oct.

2% Sept.
Apr.

12
6

24

7
8

Jan.

26

13% Apr.

6

47*

Apr. 26

Jan.
Jan.

5
17
12
13
24

23
25

1

Jan.

j?

67

Jan.

27

9% Jan.

30

4% Jan.
5% Jan.

15
4

55

Jan,
Kb Jan.
1% Jan.
20% Jan.

1%
17%
26%
1%

9

11
8

3

Jan.
Jan.
Jan.
Jan.
76
Jan.
11% Jan.

26

5% Jan.
6% Jan.

9

6% Jan.

6

1 % Sept.
68
Jan.

6
5

8% Sept. 11
22

Dec. 30

30

Dec. 30

4% Jan.
7

Sept.
% Jan
6% Mar.

%
2%
17%
4%
2

3
5

4
3

Oct. 24
Jan.
5
July 25
Nov. 30
Oct.

24

4% Jan. 10
17% Dec. 21
9% June
1
19

Feb.

28

3% Sept. 5
68
Oct. 31

30
13

17
26

12
25

—

OK

Sale
2K

Sale

50
15

2 %

3

IK
4K

1

5

IK
14
14%
3
3%
1% Sale
4% Sale
1

30

3
8

% Aug. 17
38% Jan. 24

2

19

1% Jan.

18

Jan.

11

1

Jan.

15

11
4
22

Mar. 20

6

Apr.

3% July
4% Sept.
74% May
% May
3% Dec.
Kb Feb.
% Apr.
8% Jan.
2% Apr.
1% Dec.
2% Mar.
5% Sept.

15
1

14
11
19
15
4

Sale
16

15

17

16

18

Jan.

11

1% Jan.
4% Jan.

31

Jan.

11

1
Jan.
1% Jan.
14% Jan.
4
Jan.
2
Jan.
5% Jan.
6
Jan.

Jan.

22

59% Jan.

6

32

14% Jan.

15

10

29

10

16% Jan.
10% Jan.
9% Jan.

10

Jan.
Jan.

Apr.
6
8% May 22

11

9

25

86

10
9

IK Sale
6% Sale
7 K Sale
5%
6K
2%
3
8%
8K
8 K Sale

3
8K

6
13 K
8

3 K

Sale
6K

14
Sale

6 %
5%

7
Sale
OK
7.
IK
1h
7%
8
11
11%

2%
6%
5%

Sale

7

BH
2

8

10

Sale

11%

96% Jan.
2% Jan.
7
Jan.
5% Jan.
1% Jan.
7% Jan.
10

Jan.

104% Jan.
4%

OK
5

Sale

OK
Sale

11K
12 K
OK Sale

12

12

11

5 101
Jan.
9
2% Jan.

12
3

3
11

10
4
12
26
31
11

Apr. 10

Dec.

12

Jan.
v

7

19
5

2

Jan.
8
Jan.
11% Jan.

26

4 107% Jan.

30

82% Apr.

9

2% Apr.
4% Apr.
4% Aug.

5

3

10
16

17

Jan.
5% Jan.

4% Sale
OK Sale

4% Jan.

2

6% Jan.

31

5

5%

5

Jan.

2

4% Jan.
7% Jan.
5% Jan.

11%
13%
6% Sale

12

Jan.

4

2

6% Jan.

2

Jan.
6% Jan,

Oct.

23

2
6
30

32

18

3

22

% Dec. 26
15% Sept. 11

1% Jan.

14% Jan.

Oct.

Kb Feb.
1% Feb.

20

57

1

2% June 15
2% Jan.
4
58

5

12

1

K

1% Aug.
1
July
Apr.
Kb July
1% Apr.
10% Apr.

42

6

Sale

*
com

Winnipeg Elec com clB
*
500 Wisconsin P & L 7% pref..100
8,800 Wolverine Port Cement—.
10
49,600 Wolverine Tube Co com.....2
14,700 Woodley Petroleum Corp....!
Woolworth (F W) Ltd—
Am dep rets ord shs
75,100
5s
248,700 Wright-Hargieaves Ltd.,
*

53.

4

Jan.

Sale**

West TexasUtil itier Co—

$6 preferred

9

Jan.

5% Jan. 18
3% Mar. 17

_1

27

Weyenberg Shoe Mfg Co
Wichita River Oil Corp
Williams (R C) & Co
Williams Oil-O-Matic IItg

3

Jan.
Jan.
Jan.
Jan.

K Jan.

7

4

9

2

Jan.

Kb

13 K

IK Sale

101

4% Dec. 29

18

1

K Sale

15%

17

5

78

5

5%

18

Jan.
Jan.

K
%
6%
2%

Jan.

2

83

Sale

2%

5

v t c

19% Jan.
64% Jan.
OK Jan.

60

2*'

Van Norman Mach Tool com_5

Venezuelan Petroleum

26

Jan.

17K Jan.

Sale

5K

IK
2%
3 K Sale

62

SeDt. 27

Aug. 16

11

29

8

Mar. 10
Mar. 10

Jan.

Sale

Sale

17

11

13%
38%
3%
8%

1

30

14 K
4

Jan.

Apr.
8
19% Apr. 11
2
Apr. 11
6
Apr. 10

4K Jan.
IK Jan.

63
Sale
3 K Sale
21K Sale

4K

13
8K
16
Sale
% Sale
49
Sale

10c

Conv preferred
7
JUtil Power & Lt 7% pref-.100

Valspar Corp common
$4 conv pref

8

&

7

4

Sale

1%

6

20

Jan.

Sept. 5
Sept. 27
Dec. 19

3

61
3 K
22

IK
2K

Jan.

3K Jan.

Oct.

3

7

Sale
2K

14

1

Utility Equities common

see page

2% Apr.
Kb June
7% May

3

Jan,

~"% ""K

50c

70,000 Utah Idaho Sugar Co.......5
16,875 Utah Pr & Lt $7 pref
*

For footnotes

3

18
11
6
9

Jan.

5

Wilson Jones Co com
Willson Products Inc

31

1

4

23

108
July
114% July
% Apr.

98% Apr.
105% Apr.
Kb Dec.

2

12
8

Feb.

K Jan.
IK Jan.

43

~4

2% Sale

W Va Coal & Coke

9
29

Jan.
Mar.

si*

June

1

IK
IK
13K
3K

Sale

2,100
89,800
5,450
26,400
12,800
8,100
25,100
4.335
100

18

Jan.
Jan.
Jan.
Jan.
Jan.

45

4

K

83 K

Sale

"~K """%

50c

29,900 Waco Airfraft Co
25,710 Wagner Baking com

5

10% Jan.

9

240

%
Kb
10 % Sale
IK Sale
85
Sale
43
Sale

147,700 United Wall Paper
2
1,800 Universal Consol Oil Co....10
*
100 Universal Cooler class A
Class B
*
100

37,200
3,475
23,550
131,000
3,240
7,700

Jan.

Jan.

3

1st pref

Utah Radio Products

70

5% Mar. 10
15

Sale

68

4K

*

20

20,400 United Stores Corp com

4,300
23,700
10,950
12,200
34,890
39,325

9% Oct.
1% Feb.

11%

.5

U S Lines Inc pref
*
U S Plywood Co common....1

Corp

20

Sale

K
IK
12K
2K

Sale

87$ 91**

Am

44,800 Universal
1,750 Universal
7,400 Universal
3,300 Universal

3% Aug. 24

10K Jan.

9

4

K

$3 preferred
United Molasses Co Ltd—

conv

31

1

61
Sale

IK Sale
% Sale

*

$7

1

64 % Jan.

13

com

conv

26

Jan.

K
IK
3%
Kb
x8K

Sale

31%
3K
7K

1

P

5%

United G & E 7% pref
100
United Lt & Power com A—
Common class B
*

$1.50

22

Highest

Jan.
Jan.

6 106% Jan.
3 115
Jan.

Jan.

Kb Jan.

Sale

Sale

9

Sale

tt

Sale

Warrants

41,200 United Shipyards class A....1
Class B
1
132,200
70,475 United Shoo Mach com
25
Preferred
8,630
25
18,300 United Specialties common
1

14.175
101,700
28,500
12,955
32,400
28,100
6,000
1,630

x8K

Kb

*

dep rets lor ord reg
244 United N J RR & Canal...100
10,400 United Profit Sharing com.25c

29~700

1
3K

aVA
Sale
OK

Sale

10c

United Corp warrants
United Elastic Corp
United Gas common

3,400

108,100

%

1

Common
Un Cigar-Whelan Stores

S6 1st pref
United Milk Products

Sale

9*

78

*
10

2,100 United Aircraft Prod
United Chemicals Inc—
cum

Sale

12%

...»
-

61,500 Union Premier Food Stores—1
Union Stock Yds of Omaha.lOO

S3

5%

Kb

a

Sale

1

15,500 Union Gas of Canada

17,300
2,150
500,400
49,200
1,200
442,000
62,670
73,400
1,520
295,700
192,000
215,100
1,050

Sale

Kb

a

2

Lowest

—

2,500 Udylite Corp
9,200 Ulen & Co series A prefSeries B pref
1,400
11,400 Unexcelled Mfg Co Inc.

1939

Sale Prices
Sale Prices
94
Jan. 10 108% Aug. 16
2% May 3
4
Jan.
5
8% Apr. 11
23
Nov.
2
9% Aug. 24
15% Jan.
4
% Dec. 14
2
Jan. 17
54
Dec. 26
63
May 31

c

Sale

%

*

123,350
Common_.
1
Class A
21,550
1
21,300 Tung Sol Lamp Works com.-l
80-cent div pref
15,900
.*

600 Union Investment Co

14

IK
64 K

112

1

Trans-Lux Pict Screen com—1
Transwestern Oil Co
-.--10
Tri-Continental Corp warr
Trunz Pork Stores Inc
Tubize Chatillon Corp

14

100

Tonopah Mining of Nev

Highest

Ask Bid
AsW
Sale Prices
I Sale Prices
108 K 110% 112% 113% 110% Jan.
4 112% Jan. 10
2K Sale
2% Jan.
6
2% Jan.
18 J*
20
18% Jan. 15 20% Jan.
o
11
11%
11% Jan. 18
UK Jan. 10

67

4%

Lowest

Bid

3

1%

Jan. 31

Tobacco Secur Trust Co Ltd—

400

YEAR

Jan. 3

1939

1,470
31,050
45,700
32,700
1,400

RANGE FOR

Price

1939

Shares

NEW YORK
CURB EXCHANGE

12 Months

2,600
2,600

49

PRICES IN JANUARY

In

160

EXCHANGE

2

22

8

4

22

Apr.
Jan.

6

Aug.
Apr.
Aug.
Sept.

7% Mar.
1% Dec.

4

8% Sept. 22

5

5

Sept. 16

2% Jan.
Jan.

6
17

Sept. 13
1% Sept. 11
73
Dec. 30

12% Sept. 29
7% Feb. 18
9

75

2%
6%
1%
2%
16%
5

Feb.

24

5
Dec.
6
Feb. 28
Sept. 11
Sept. 5
Dec.
9
Sept.

Jan.

5

3% Mar. 14
5

Dec.

16

7

Oct.

20

62% Sept. 27
17
13
11
100

3%
8%
7%
8%

Sept. 15
Sept. 25
Sept. 27
June

8

Sept. 11
Nov. 24
Jan.

Sept.

3

8

3

Jan.

6

10

Jan.

4

13

Nov.

Dec.

104

8
12

Dec. 26

4% Nov. 20
8% Sept. 11
6% Sept. 6

'i:

Mar. 14
Feb. 27

AGOREOATE

CURB

12 Months

Jan. 3

EXCHANGE

1939

Sale
Sale

lybo

86 M

1946
1951
5s registered----------1951
1,000
Amer Gas & Elec deb 5s__2028
2,823,000

103 M
98 M

601,000
2,383,000
856,000

1st, & ref 5s
i) s

1,159,000

1967
1956

4Ms

1st & ref ds

761,000

American Power &

12,000
126,000
1,050,000

108 M

Sale
Sale

Sale

Light—

6s registered
90,000
280,000 American Seating 6s

85 M

2016
--2016

6s

6,158,000

17,655
36,000
62,000

—

1st 5s

Sale

stpd_1946 166"" 166 M

602,000 Appalachian El Pow 4Ms-1948
4s
oo
1,254,000
2024
160,000 Appalachian Power 6s
19o6
3,641,000 Arkansas Pr & Lt 5s
1953
4,627,000 Associated Elec 4 Ms

77,000
1,374,000

161,000 i*Assoc Gas & Elec
3,974,000
♦5s registered
11,000

1,298,666

3,834,000

1067,555

,6,000
222,000

869,000

129',555

3,281,000
4,000
775,000

44,000
8,000
18,000

125,000
37,000
1,000
327,000
208,000

45,000

303,000
35,000
101.000

70,000
129,000
195,000
375,000

13,000
19,000
105,000
47,000
12,000

1968

34

♦4Ms registered
♦5Ms._♦Oonv deb 5s
♦5s

6,466,000
1,425,000
1,926,000
757,000

registered
—1950
Tel 5Ms A—-1955

101

Sale 106 M 107 M
111M 108 M Sale
125
127M
106 M Sale
106 % Sale
55 <
Sale
60 M Sale
129

1947

126

6s registered
1998
1968
4,0*72*666 Birmingham Elec 4Ms
..1959
2,006,000 Birmingham Gas 5s
615,000 Broad River Power 5s A—1954
Canada Nor Power

14M Jan.

11

26% Jan.

19M
Sale

17% Jan.

16

Jan.

11

34% Jan.
28% Jan.

Sale

72 M

Sale

71M Sale

84 %
69

87 M
72 M

83

85

96 M
83 M

Cent States Elec 5s_..... 1948
1954
5Ms--.
Cent States Pr & Lt 5Ms.. 1953

Chicago 111 Midland Ry—
1956
4Ms series A_--------467,000
Chicago Junction ,Rys &
Union Stock Yards 5s.. 1940
375,000
1927
1,475,000 t iChic Rys 5s ctfs of dep..
1952
126,000 Cincinnati Street Ry 5Ms.
1955
6s series B
118,000

Sale
Sale

Sale
Sale
35 M Sale
35 M Sale
57 M Sale
98 M

98
104

104 %

44 M
69 M
68

73 M

U3M
115M
144 M

(

97%
94 M
100M

96
97

Sale
Sale
Sale

99 M
78M

Sale
81
Sale
Sale
38M Sale

82 M
106M
98M
35M
36 %

106 M
99 M

38

74 M

Sale
Sale

74

115

Jan.

Jan.
Jan.

29 139

96

Jan.

100 %

Sale
Sale

Sale

11
20
18

81

Jan.
Jan.
Jan.
Jan.
Jan.

30 100M Jan.

10

89

Jan.
Jan.

94M Jan.
100M Jan.

90,000
33,000

230,000
917,000

To",666
188,000

23

32,000

44,660
31,000
7,000
569,000
103,000
.104,000
29,000

15*666
83,000
2,000
18,000

23,000

6,581,000 Eastern Gas & Fuel 4s A-.1956
1,020,000 Edison Elec Ilium 3Ms—1965
2030
5,077,000 Elec Pow & Lt 5s
126,000 Elmira Wat Lt & RR 5s—1956
5s registered
-—1956
1,000
—1950
277,000 El Paso Elec 5s A

1952
1,496,000 Empire Dist Elec 6s
Ercole Marelli Elec Mfg—
6Ms
1953
74,000
..1967
240,000 Erie Lighting 5s
1,255,000 Federal Water Serv 5 Ms.-1954
Finland Residential Mtge

6s stamped
484,000
1961
7,000 iFirst Bohemian Glass 78-1957
1966
3*13*,000 2,541,000 Florida Power Co 4s O
Florida Power & Lt 5s
1954
400,000 II,381,000
5s registered.
1954
1,000

18,000

61,000
86,000
24.000

256,000
4,000
89,000
345,000

53,000'

148", 006
4*0*666
12,000

"4*666
3,000

1,331,000

Gary Electric & Gas—
5s ext stamped

1944

370,000 Gen Bronze conv deb 6s.. 1940
—1953
236,000 Gen Pub Serv Co 5s
2,154.000 Gen Pub Utilities 6Ms A—1956

1948
14,000 AGen Rayon Ltd 6s A
1,141,000 Gen Wat Wks & El 6s A.. 1943
8,569,000 Georgia Power ref 5s
856,000 Georgia Pow & Lt 5s
6,000
1,839.000
1,000
321,000
348,000
42,000
110,000
81,000

iGesfuerel 6s
Glen Alden Coal 4s

98

100% Jan.

2

100M Jan.
46M Jan.

Jan.

17

Jan.

87M Jan.

26

90

Jan.

90

Jan.

70

Jan.

31

80

Jan.

8

78 M Jail.

""8

49

67M Jan.
66

Jan.

"31

92 %

132

Sale

105

66

Sale

66

Jan.

31

76 % Jan.

Sale

82M Jan.

24

Sale

83

Jan.

24

92% Jan.
92M Jan.

91

Jan.

19

9
24

Jan.

30 127M Jan.

24

Sale
107M Jan.
110M 109M 110M 110M Jan.

Jan.

30

10 110K Jan.

16

85M Jan.
93
Jan.

26

Sale
138

107 % 107 M 109

79 M
92
60

96

Sale

82 M

Sale

Sale

88

Sale

61 %
Sale

Sale

104 M
99 M 100

94M

11

58 M Jan.

94M Jan.

30

Sale

105M Jan.
5M Jan.

79%
110M
78 M
118M

Sale
Sale
Sale

105M 105 M
104 M
104

Sale

106M 106 M

77% Sale
Sale
80M Sale

110M
119

12
30

53 M Jan.

5% Sale
5%
6
%
1

106

43 M

109

Sale

99
20 M
98 M

95 M

Sale
Sale

104

95 M

Sale

100 %

90

97

Sale
98

82

Sale

73
86
97 M
60

1963
1965

77
87 M

26 M

72 M

Sale
Sale

49 M
111
Sale
23 M

5

6
6

Jan.
Jan.

1

Jan,

4
5
8

Jan.

9
2

78

Jan.

117M Jan.

Sale

104M Jan.
103 % Jan.

56

59

88

89

108 %' 109 %
49 M
54
48
53

9

13
9

98

88

Sept.

102 % Sept.
102
Sept.

100

Sale

104 M

Sale

Sept.

100 %
101M Sale
81
83
84M
81M
98%
98 % Sale
100M 101
97 % Sale
97M
98 M Sale
74M
74
76
74
76
97
Sale
96M
96M Sale

Sale

106 M
66 M

Sale
Sale

71

Sale

106

Sale

67 M
18

Sale

72%

Sale

Jan.
Jan.

Jan.
Jan.
Jan.
Jan.

75 M Sale
71M Sale
75
78
78M
81
107M 110M 107M 110M
60 M
62
60M
62
48
50
47
50

98

Sept.

Dec.

16

June 27
July 17
Aug.

3

June 21

77% Dec. 30

10
1

93 % Aug.
92 M Aug.

2
5

68M Jan.
97
Jan.

3
1
11
4

18
109M Oct. 23
10
Feb,
3
9% Feb.
2
1M Jan. 10

5 107 M Oct.

82 M Oct.

3 109M

27

Mar.

3

6 105M Oct. 28
1 104 % Dec. 13

99M Jan.

2

81

Apr.

27

Jan.

9

19

Dec. 20 104 M Feb.
25
Mar. 23
July

100

Jan.

104M Jan.

31
18

Jan.

4

2 101M Jan.
84
Jan.
4

29

95

30

75M Oct.

Jan.

29

90

13 100% Jan.
75
Jan.

5

78

24

73

98M Jan.

10

87

106M Jan.
68M Jan.

8

103

22 101
29
29

13

73M Jan.

Jan.

26

76 M Jan.
76
Jan.

60% Jan.

29

63

Jan.

4

50

70

Jan.

31

75

50

Dec. 22

17
9

31% Sept. 26 50 M Jan.
106M Oct.
4 109 M Oct

26

89M Jan.
92
Apr.

Jan.
Jan.

30
4

18

Jan.

58

11

99

3
20

Dec. 29

9
12
Aug.
3
4 99
10 104M Nov. 14

4 101

28

90

Apr. 21 101
Apr.
8 98M
77
Feb. 20
97
Jan.
9

95M Jan.
18

Jan.

93M Dec. 20

Jan.

105M Jan.
66 M Jan.
70

Dec. 21

93 % Dec. 20

46M Jan.
15 109% Jan.

3 105M

98M Jan.
103% Jan.
103
Jan.

80

1

13

19

6
4M Apr. 20
4M Aug. 28
% Aug. 24

15
Sale

July

Sept. 26 108

100

22M Jan.

26 M

75
78

101 % Sept. 14 113

3

3

25 M

Mar.

78M Dec. 21

25

29

96

76

74 % Apr.
8 93M
126M Aug. 22 132
128M June 27 128 M
120
Nov.
6 131

23 105M Jan.

Jan.

Sale

78% Mar.

103 M Sept.
5 112M May 26
81 % Dec. 26
66 M Apr. 11
Nov. 22
107% Jan. 19 119

Jan.

83% Jan.
Jan.
18 119

27

17

96M

12

53% Apr. 11

80M Jan.

24 112

48 M
46M Jan.
Jan.
109M 109 % 109
44

Sale

17

Sale

Mar

78 M July

27

20

50 M

89 M

84

11
11

92 M Aug.
55 M Sept.

Jan.

77M Jan.
10M Jan.

7

13

58 M Apr.
79 M Apr.

96% Jan.

18
16

Dec.

Oct.
Apr.

66

10

8 107

5M Jan.

74M Aug. 15
11 106

109M Mar.
104 M
103 M

50 M Sale
107 M 108

102 M 103 M

57 M
94

60

78M Jan.
88
Jan.

3 109

46 M Mar. 11

72M Jan.

94 % Jan.

93 %

131

25

107% Oct. 18
99% Dec. 23
46
Mar. 13

70 % Sept. 29
66
Apr.
8
74 M Mar.
2
67 M Apr. 11
72M Jan. 12

Jan"

83 M
83 M

126M 129M 125M 127 M 127

109 M

77 M

Apr.

July

105 % May
9
105
Mar. 16

71M Jan.

16 134M Jan.

106M 106 M
7M Sale
7M Sale
%
1

112
Sale
112

4

133M Jan.

Sale

140

27 102

100% Dec. 26 104M Jan.
9
43M Dec. 27 56M Oct. 17
86
Dec. 28
70M Jan. 14
91
Dec. 28
72% Jan. 17

85

Sale

76

1967
—1978

registered
1965
Gobel (Adolf) deb 4Ms—. 1941
Grand Trunk West Ry 4s 1950
Great North Pow 5sstpd-_1950
Grocery Store Prod 6s
1945
Guantanamo & W Ry 6S--1958

8

4s

For foo+uotes see page 53*




...

Jan.

8 106

66*"

Sale

9

Aug.

4 100 M July 25
5 97 M Aug.
2

55M Jan.

67 M

Sale

84 M

8

3

Sale"

91M
92 M

61M
110M
74 h
108K

41M Jan.
76M Jan.

12

Sale

"76 %

74 M

104

8

16

72

Sale
Sale

487,000 Delaware Elec Pow 5MS--1959
1949
331,000 Denver Gas & Elec 5s
983,000 ADetroit Int. Bdge 6 Ms.-1952
iCtfs of deposit
632,000
A25-yr s f deb 7s
1952
334,000

Jan.

30

71M
77 M
77 M

96

2

41

Sale

75

3MS--1955

I,218,000 Cudahy Packing Co

25

99% Jan.

24

,

"57666

69M Jan.
Jan.

83 % Jan.
5
2 107 % Jan.

Sale

Sale

Jan.

31

70 M

75 % Sale
2,484,000 Community Pow & Lt 5s. -1957
1951 129 M 133
31,000 Conn Ltg & Pow 7s A
7s A registered
1951
2,000
125
127
87,000 Consol Gas of Bait 4Ms.—1954
Consol G E L & P Bait—
3s series P
1969
826,000
3Ms series N
1971 109 M 110M
324,000
Consol Gas Utilities—
60
61
6s A stamped
——1943
1,043,000
81M Sale
9,877,000 Continental G & El 5s...-1958
5s A registered
1958
1,000
64 M
62
1944
168,000 Cuban Tobacco 5s

86

Sept.
75 M Sept.
Jan.
961
81
Apr.
35
Jan.
32
Jan.

79

71

Sept. 13 150

29

77

Sale

126

29

Jan.

Sale

~71% Sale"

Jan.

98% Jan.
99 M Jan.
2
11 101M Jan.

90

87

109 % June 12
102
Aug. 15
95
July 18

Sept.

82 M Apr. 11 139
Sept. 27
103
"Sept. 5 ITOM^a-flr
3
101 % Sept. 18 126
July 22
24 103
Sept. 18 130M July 21

31

93

49

1

Sept.

9

2 145M Jan.

88

86

Apr. 20

83
May 31
78
Mar.
9
106 % Dec.
2

Oct.

80

46 M
84

40

Sept.

82

141

104M 105M 104 M 104 y8 105% Jan.
100 %

3

97
88

Sale
88
94

Sale
75

9

Aug.

6

Sale
Sale

98%
83 M
80M
106M 106M
Sale
98M
37
35M
Sale
35%
Sale
71M

Mar.

Aug.

25M Nov.
Feb.
Sept.
Mar.

35
67
78
100

9

Jan.

Sale

Aug. 14

11

Jan.

98 %

4
3
9
4

59

Jan.

30 116
29 117

Sale

45M Aug.
47 M Aug.
44* Aug.
43

93

23 120

Sale

31
28
26
20
1

Dec.

97M Jan.

Jan.

101M

108M Oct.
111M Dec.
128
July
107M Nov.
68M Aug.

Nov.

2 107% Jan.

3

Feb.
9
June 15

Aug.

10 106M Jan.

113% Jan.

Sale

92

Dec.
Dec.
Dec.

3

114*

105

5 104

10

15

10

43
30

2

'

U5% Sale'
116M 117
141
Sale

Oct.

72M Jan.

17

68M Jan.

106 M 107
106M Jan.
106M 109
107% 107% 106% Jan.
106M Sale
97 M
95M Jan.
94 M
98
95M
92M Jan.
93
91M
92 M 91M

116M. IUM. lQ.6jyL.Sale.

3

23
25M
25 M
21%

Jan.

139

103 M
102

D... 1957

15

Feb.

103M Sept. 20
103
Sept. 6
115
Sept.13
101M Sept. 5
41M Jan. 14

6 107M Jan.

30 111M Jan.
Jan.
30 129
2 107
Jan.

Jan.

Sale

Sale

144

2 109% Jan.

94

28% Jan.

18M
18 M

Sale J
Sale
121
125M
144 M

3 103 M Nov.
3
27 106 M Nov.
4
4 106M Nov.
8
24 108H Oct. 18
30 107 % Nov. 27
10 104M Oct. 10

83% Apr. 10 105M Dec. 22

15

Jan.

13 101

11

17 M

1956

Carolina Pr & Lt 5s
Central Power 5s ser

6

14M Jan.

Sale

5s.... 1953
6s—. 1942

Canadian Pacific Ry

Jan.

27 105M Jan.

104M Oct.
106
Sept.

11

2 106M

106M Jan.
52M Jan.

Locomotive

...1998

Jan.

15

62M Jan.

Sale

Works
iConvertible 6s
1950 115
Bell Tel of Canada 5s A... 1955 110M
1st M 5s ser B June 1 1957 120M
5s series C
—....-I960 124

Jan.

98

30

34
28 %

89

23

11

26 M

85

108M Jan.
107M Jan.

Jan.

Jan.

15

46

Sale
93

Jan.

Jan.

Sale

91M

Jan.

87
102

Jan.
108M Jan.

15

Sale

103 M
104 M

5s w w._1947

96

19

107

Sale
Sale

75M

19

Jan.

101M 100

25 M
28 M

73M

558,000 Cities Service 5s.........1966
71,000
5s registered
1966
6,000
Conv deb 5s
—1950
14,130,000
1.419,666
5s registered...
1950
2,000
5s-_;
1958
286*665 2,660,000
5s registered
..1958
2,000
5s
1969
1007666 1,290,000
Cities Service P & L SMs-1952
836,000 10,961,000
5 Ms gold deb
1949
485,000 3,656,000

380,000
6,000

101

126

9

105M Jan.
106M Jan.

88

35

1950

272.000 Bethlehem Steel 6s

1,008,000
1,434,000
3,790,000
1,448,000
1,830,000
4,468,000
4,227,000

99

103 M Jan.

Jan.
Jan.

99M Jan.

Sale

100

43

Assoc Tel &

93,000 Avery (B F) Sons
5s ex-warr—
62,000

Sale

104 M

81M Jan.

Jan.

106M Jan.

Sale

106M

33

1968
1949
—1949
.—1977

♦4Ms series C

Baldwin

248",555

35

5Ms A registered...
1955
1,000
352,000 Atlanta Gas Light 4 Ms—1955
765,000 Atlantic City Elec 3Ms—1964

""17555

318,000

Sale

33

Highest
Sale Prices

105

107 M

118M Sale
101 h Sale

4Ms_-1948

Lowest

Sale Prices

Sale 102% Sale 102M
105
104
105
105M 105 M 106M 105
107
108
Sale
107 % Sale
107
107M 106 M 107 M 106M
104
104

111

-

47

Highest
Sale Prices

102 M

88

Alabama Power

179",055

Ask

Bid

81%
96 M

8,999,000

Lowest

Ask

Ask Bid

Bid

Sale Prices

Jan. 31

Jan. 2

1939

BONDS—

210,000
16,000
27,000
72,000
46,000

1939

Price

NEW YORK
In

YEAR

RANGE FOR

PRICES IN JANUARY

SALES

January

EXCHANGE

OUEB

YORK

NEW

50

27 107

27
Dec. 29

Dec. 20
Jan.
3
Oct.

Nov. 13
June

Jan.

29

64M Sept. 5
w*
6
70
70
Oct.
2
77
59
Oct.
91
65
Sept. 25
105
Sept. 11 109 M

28

Dec. 12
Aug. 25
Dec.
9

13

Mar.
Jan.

3

Oct.

6

3

Dec. 29
Mar. 11
3

Mar.

47

Mar. 31

62

Oct.

45

Apr.

12

53

Jan.

31
9

FEB., 1940]

NEW

YORK

CURB

EXCHANGE

51

AGGREGATE
SALES
In

January

T~"
9,000

30,000
10,000
8,000
59,000

30", 006
6,000
29,000
131,000
121,000
198,000
317,000

12

PRICES IN JANUARY

Bid
41

iHamburg Elec Co 7s
1935
AHamburg E & Und Ry 5%s'38
95
Heller (W E) & Co 4s w w.1946
Houst Gulf Gas 6%s x W--1943 100

m

6s_
Houston Lt & Pr 3%s

1943

1966
AHungarian-ItalBk7%s.-1963
Hygrade Food 6s ser A
1949
6s series B
1949

63,000
30,000
16,000
26,000
265,000
118,000

273,000 Int Pow Sec 6%s series C--1955
461,000
7s series E
1957
432,000
7s series F
1952
5,426,600 Interstate Power 5s
1957
2,054,000
Debentures
1952

-

50.000

Jan. 2

1939

BONDS (Continued)
Guardian Investors Corp—
341,000
5s series A
1948
$

444,000 Idaho Power Co 3%s
*-1967
1,442,000 Illinois Pow & Light 5%s-1957
1,935,000
5 %s series B
1954
2,912,000
6s series A
1953
5,028,000
5s series O
1956
714,000 Indiana Elec Corp 6s A..-1947
220,000
6%s series B
1953
2,030,000
5s series O
1951
512,000 Indiana Hydro-Elec 5s A--1958
1,313,000 Indiana Service 5s
1950
1,280,000
1st lien & ref 5s
-1963
608,000 Alndianapolis Gas 5s A
1952
761,000 Indianapolis P & L3%»- —1968

52,000
136,000
118,000

-

—

Ask

Bid

Lowest

Ask

44

40

43

38

40

40
30
96 %

15

50

15%

Highest

Sale Prices

3,797,000
5s series D
1956
5,732,000
4%s series F
1958
32X00 1,689,000 Iowa-Nebraska L & P 5S--1957
19,000 —217,000 - 5s series B
1961
47.000
386,000 Iowa Pow & Lt 4%s A
1958
18,000
314,000 Isarco Hydro-Electric 7s.-1952
86,000 1,626,600 Italian Superpower 6s
1963
-

17,000
4,000
60,000
57,000
42,000
22,000

1939

Lowest

102

103%

109 %

Sale

8

86

Sale

99%

Sale
Sale
Sale

50

66%
65%

Sale

67

108% Sale
97
98%
104% 105
105% Sale
103
Sale

5

m*

68% Sale
69%

68

109

97%
104
106
102

26

Sale

102% Jan.

3 103
Jan.
16 103% Jan.

11

103% Jan.
109% Jan.

29 104% Jan.
Jan.
20 Ill

3
2

66% Jan.

2

67

4

107%
97%
103%
105%
101%

Sale
Sale
Sale
Sale

Jan.

Jan.
Jan.
Jan.
Jan.
Jan.

69% Jan.
69% Jan.

3

8

17

6 109
Jan.
26 99% Jan.
Jan.
25 105

25

106% Jan.
103% Jan.

23

3
3
3

100%

86

5

Jan.

102

100

99$

42% Jan.

Sale

86
84%
56% Sale
55
55%
72
80

99% Sale
71% Sale
70
Sale
62

64

108% Sale

98%

65

Sale

66

Sale

98% Jan.
65

Jan.

65% Jan.
62% Jan.
107% Jan.

62% Sale
107% Sale

17 100
31
73%
31
72%
31
64

Jan.

2

Jan.

5

Jan.
Jan.

5
11

635,000 Jacksonville Gas 5s stpd--1942
728,000 Jersey Cent P & L 5s B—1947
1,838,000
4 3^8 series O
1961
120,000 Kansas Electric Pow 3%s.l966
92,600 Kansas Gas & Electric 6s-.2022
Kentucky Utilities 5s
1969
2,296,000
5s
1961
428,000
6%s series D
__1948
428,000
5 Vis series F
1955

2,545,006

103% 105
119% Sale
90
91

91
Sale

102%

Sale

93%

Sale

99

100

Apr.
60% Nov.
99% Sept.

31

Sept.27
Sept. 19
Sept. 19

61% Jan.

27
27

68

Jan.

3

55

Apr.

8

51

Jan.

3

38% Jan.

28

105% Sale 105% 106% 105% Jan.
Jan.
105% 106% 104% 105% 104

2 106% Jan.
24 105% "Jan.

12

108% 110

62% Sale
Sale

42

Jan.

82
77

45%

48

107% 108
42% Sale

38

41

38% Sale

108

Jan.

3

22 109% Jan.
31
48% Jan.

3

Jan.

20

Jan.

4

45
Jan.
45%
46% 47% 48
103% 103% 104% Sale 103% Jan.
Jan.
105
105% 105% 105% 105

17

47 % Jan.
5 104% Jan.

31

4 105% Jan.

19

.

•

Sale
105% 106% 106
125% 126%
125% 127
102% Sale 102% Sale
104
Sale
103% Sale
105% 105% 105% 106%
103% 103% 103% 103%

42% Jan.
38

105%
125%
102%
103%
105%
103%

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

41

5

11

24 106% Jan.

8

20 125% Jan.

12

5 102% Jan.

2

22 104% Jan.

19

4 105% Jah.

27

3 103% Jan.

25

5 106% Jan.

15

Jan.
Jan.

7
3

52% Jan.

5

54

9

Mar.

55% Mar. 9
73
July 29
55% Nov. 15

7

104% Dec.

Jan

Jan.

1

Dec.
Nov.

7

105% Dec.
7
105% Dec. 26
109

102% Sept.
30% Sept.
30% Sept.
38
102
102

13

Nov. 15
Nov.

103% Dec.

98% Jan.
98

Dec.

Aug.
4
74
Aug. 3
7
88% June
5 110
May 10

30
31

43

19

Nov. 21

8

2

41

Feb. 27
Dec. 19
Dec.

3

4

Sale

Sale

105%
105% Sale

49

16

41

43% Jan.

82% Sale

105

lir

49% Jan.

Sale
Sale

Sale

June 12

101% Sept. 5
85% Jan. 27
95% Apr. 10 105
99
Sept. 5 106%
92% Sept. 6 103%
96% Apr. 10 105%
99% Apr. 10 106
85
Apr. k8 102%
86
Jan.
6
99%
50% Apr. 11
75%

47% Jan.

65%
48%

40

Apr.

31

49
44

Sale

Jan.

6
111% June
8
July 21
July 13

23

55%

40

Nov. 13
Dec. 12

105

Jan.

53

47

42

30

46% Jan.

49

41% Sale
44
46%

Feb. 18

July 27
July 10

102% June 27

22

43%
Sale
46%

Sale
100%
Sale
Sale

59
60

50
30

31 109% Jan.

41%

77

Apr. 10

July
8
Sept.
94% Jan.
100
Sept.
101% Apr.
102
Sept.
8
July

24

54

100%
100%
105%
49%

36

Jan.

48

58% Sale
40
Sale

98%

Sale Prices

25

30
14
20
15%
102% 102% 102% 103
103% 104
101% 102%
104%
103% 104%
Sale
111
110%

30

63% Sale
63% Sale

39% Jan.

Highest

Sale Prices

Sale Prices

50

103

'Bg

Jan. 31

Ask Bid

Interstate Public Service—

59,000
81,000
39,000

YEAR

Jan. 3

1939

6,000
92,000
679,000
70,000
208,000
346,000
1,000
265,000
54,000

RANGE FOR

Price

NEW YORK
CURB EXCHANGE

Months

Dec. 29

52% Jan.
44
30

12

Mar. 10

49% Aug. II

May 29 107
Feb. 24
Sept. 9 106% Mar. 21

98
114
88

Sept. 18
Sept.13
Sept. 6
89% Apr. 10
100
Sept. 5
93% Jan.
3

108
126%
102%
104%

Mar. 17
Aug. 10
Dec.
9

107

Nov.

Dec. 29
8

104% Nov. 18

Lake Superior Diet Power—

13,000

730,000

3% % series A
1966
Tietz Inc 7%s__1946
511,000 Lexington Util 5s
1952
570,000 Libby McNeill & Libby 5s-1942
1,118,000 Long Island Ltg 6s
1945
1,735,000 Louisiana Pow & Lt 5s
1957

6,006 ALeonard

30,000

72,000
152,000

19,000
4,000

AMansfield Mining & Smelt—
36,000
78 ex-warrants
1941
195,600 Marion Reserve Pow 4%s_1952

68,000 McCord Rad & Mfg 6s

1943

100

161"'

103% Sale
90

92

129,000
222,000

68.060
296,000
165,000
38,000

170,000

77,000
Debenture 4%s
1956
115,000 Mengel Oo4%s
1947
Met Edison 4s series E
1971
413,000
4s series G
1965
239,000 Middle Sts Petrol 6%s A—1945
381,000 Midland Valley RR 5s
1943

295,006

1,848,000 Milwaukee G L 4%s.
1967
2,620.000 Minn Pow & Lt 4%s
1978
1,000
4%s registered
1978
1,144,000
1st & ref 5s
1955
3,468,060 Mississippi Pswer 5s
1955
4,235,000 Miss Power & Light 5s
1957
549,000 Miss River Power 5s
--1951
1,566,000 Missouri Pub Serv 5s A—1960

237,000

564,000
2,291.000
3,617,000
193,000
221,000
615,000
295,000
3,210,000

Nassau & Suffolk Ltg 5s—1945
Nat Pow & Lt 6s A
2026
Deb 5s series B.
2030
t ANat Pub Serv 5s O O D-1978
Nebraska Power 6s
2622
4%s
1981
Neisner Bros Realty 6s
1948
Nevada Calif Elec 5s
1956

19,000
288,000
138,000
331,000
285,000
331,000
9,000

151,000
3,396,000
1,015.000
3,713,000
3,872,000
3,065,000
147,000

New Amsterdam Gas 5s
1948
New Eng G & Elec Assn 5e 1947
5s_
1948
Conv deb 5s
1950
New Engl Pow Assn 5s
1948
Deb 5%s
1954
New Eng Pow Co 3 %• A-.1961

120,000
136,000
125,000
6,000
7,000
55,000
15,000

16",660
5,000
87.000
65,000
23,000
9,000

41,000
63,000
91,000

159,000

637,000

1,295,000
209,000

3,051,000
55,000
248,000

5s stamped
1942
a6s series A
1949
AN Y Pa & O RR 4 %sstpd 1950
N Y State E & G 4%s
1980
4%s registered
1980
N Y & Westchester Ltg 5s-'54
4s
2004
—

For footnotes

see

page

63.

c



108% 105% Jan.
40

80

94%
88

106
108

95%
89%
107
109

93% Sale
60

Sale

99% Sale
U9% Sale
104% Sale
82% Sale
89

108

73%
74

Sale

109%
74%

98

77
Sale

92%

Sale

36

38

115% 116
107% Sale
96%
98%
78

Sale

118

121

54%
54%
54%
91%
93%
107%

55%
Sale
Sale
Sale
Sale
Sale

100% 102
92% Sale
74

99%
112%
105%

108

80

Sale

102% Sale
103% 104% 105% Sale

Sale

105

102% Jan.
104% Jan.

105% 105

58
Sale

"47%
107%
106
Sale

Jan.

104% Jan.
67
Jan.

12 102% Jan.

2

3,106

Jan.

16

30 108

Jan.

11

4

14

98
100%
99% 100
99% Jan. 18
92
86%
90%
3
93% 90% Jan.
5
107% 109% 107% 109% 107% Jan.
108
111% 108
4
110% 110
Jan.
100% Sale
99% 100%
99% Jan. 29
67% Sale
65
Jan. 22
66% Sale

104% Jan.
70

Jan.

101

5

3
16

102
104

70

10

Jan.

4
12

25

Sale
Sale
Sale
Sale
Sale

Sale
106,„ a~,~
103% Sale

105% Jan.

8

106% Jan.

31

11 104
Jan.
15 104% Jan.

10

99% Sale
Sale

107

104

99% Sale
111% 113

121
108%
105%
79%

107% 106
26
24%
124% 126
108% 109%
107% 107
Sale
81%

121

Sale

24%

Sale

Sale

98% Sale
100 % Sale
107% 108%

102

Jan.

103% Jan.
109% Jan.

Sale
Sale
Sale

101

112%

Jan.

4

Jan.

27
3

111% Jan.
Jan.

108% Jan.
106

Jan.

78% Jan.
121

Jan.

98

99% Jan.

9

6 112
Jan.
17 107% Jan.

8

31

25% Jan.

18

5 126% Jan.
3 111
Jan.

23

19 107
Jan.
15
81% Jan.

31

2 122% Jan.

63% Jan.

25

Jan.

23
24

63

62% Jan.
98

Jan.

99

Jan.

9

71% Jan.
71% Jan.
71% Jan.
2
99% Jan.
15 100% Jan.
15 109% Jan.

17
30
5
9
9
9

9
8

18

113% 114%

104%

2

Jan.

108% Jan.

102% Sale
102% Sale
79% 81
105
Sale

Jan.

99
106

8

22 110

92

Sale
24% Jan.
Jan.
128% 124

123
65
Sale
Sale
Sale
Sale

68% Sale
67% Sale
68

Sale

109% Sale
92% Sale

102

102% Sale
85
Sale
104% Sale

Jan.

9 102% Jan.

5

102

Jan.

81

Jan.

17 103% Jan.
3
85
Jan.

31

101

55

24 105% Jan.
4 104
Jan.

10

104% 104% 104% Jan.
65

102% 104
104% Sale
46

6

17 105

Jan.

22

55
62
55% Jan.
102
Sale
101% Jan.
105% 105% 104% Jan.
45
47%
45% Jan.

22

55% Jan.

22

17 102% Jan.
2 106
Jan.
22
49% Jan.

12

10

1065m 107

29 106% Jan.

2

104% Jan.

48

106% Sale

106

Jan.

Jan.

108%

103
105

106

Sale

110% 113
108% Sale
109

Sale

105%
105% 106% 104% Jan.

3

104

111% Sale
110% Jan.
107% 107% 107% Jan.
107% Sale 107 % Jan.

94% Oct.

7

4 98%
Apr. 14
91%
Sept. 7 110
Sept. 11 110%
93% Jan.
3 100%

68% May

2

July 21
Mar. 10
Nov. 17
May 23
Dec. 14
73% Oct. 30

93% Apr. 13 101% Aug.
2
95
Sept. 7 103
Oct. 25
101% Dec. 11 101% Dec. 11
102
Apr. 14107
Aug.
4
82% Jan.
4.103
Dec. 30
88% Jan. 12 103% Aug. 15
107
Sept. 6 111% Nov. 1
73% Jan. 10 96% Dec. 22
77

Jan.

98
Jan.
92% Jan.
24
Dec.
114% Sept.
107% Jan.
96

Jan.

72% Sept.
114

Oct.
Jan.
Jan.
54% Jan.
87% Apr.
55
54

90
Apr.
100%. Oct.

99% Dec. 15
112

Oct.

3

107% Nov. 25
38
Apr. '29

Win

Nov. 29

May
6
109% July
7
89% Mar. 10

123%
73%
73%
73%
99%
100]
109%
_

99% Feb.
2 104
89% Apr. 11 104
77% Sept. 23 86%
97
Sept. 5 105%
un
101

July 27
July 18
July 18
July 10
Dec. 22

Dec. 29
May 31

July

18

Nov. 27

Mar. 23
Nov. 9

Jan!

18

95

3 111% Jan.
19 108% Jan.

26

104
97

19 109% Jan.

5

3

Sept. 29 113% May 26
Sept.25 106% June 13

49
Aug.
95% Apr.
100% Sept.
46% Dec.
105% Sept.
101
Sept.
100% Sept.
96
104

2 105%

June

4

Sale
106%
98%

14

Nov. 14

1043
1 1073

82

19
11

110% Jan.
100% Jan.

Feb.

4

28% Jan. 11 31% Aug.
7
99% Sept. 22 105% May 23
May
75% Nov. 15

25

2 102
Jan.
5 102% Jan.

103%

Jan.

45

Jan.

100% Jan.
102% Jan.

110
96

91

8
2

Nov. 17

102% Dec. 13 105

93% Jan.

101% Sale
102% Sale

106
103

2 108% July
Mar.

24 30
Mar. 18 104

102% Sept.

109% Jan.

100% Sale
102% Sale

104

Sale

98% Oct.
22% Jan.
95

17
17
25
104% 105% 103% 104
66
70
67%
70

60

Nippon Elec Pow 6%s
1953
40
Nor Amer L & P 5%s A
1956
97
North Boston Ltg Prop 3%s *47
Nor Cont Util 5%s A
1948 "45%
Nor Indiana G & E 6s
1952 107
Nor Ind Pub Serv 5s_
1966 105%
5s series D
—-1969 105%
4%sE
1970
104%
Northwest Elec 6sstpd—1945 104%
1,272,000 Nor'west Pub Serv 5s A—-1957
97%
1945
1968
1962

16

26%
102% 103%

102,000
834,000
631,000
573,000
310,000
494,000
648,000
986,000
180,000

356,000 Ogden Gas Co 5s
1,397,000 Ohio Power 3%s
1,043,000 Ohio Public Service 4s

40

107%

New Orleans Pnblic Serv—

80,000
88,000
47,000
172,000
1,000

15

106% Sale

Memphis Comm'l Appeal—
9,000
27,000
13,000
21,000
24,000
32,000

105% 106% 106

Sept.
Feb.
Apr.

58

Mar. 11

102% Dec. 26
108

Nov. 22

58% Aug.
7
110% Oct. 17
107

Jan.

26

106% Jan. 11
105% May 29
108
May 23
105% Nov. 9

Sept.29 111% Dec. 19
Sept. 5 109% Aug.
1
6 110% Nov. 27

99% Sept.

AGGREGATE
•

PRICES IN

SALES

In

January

$

22,000
21,000
3,000
41,000
36,000
5,000
815,000
7,000
295,000
34,000
76,000

57,666
27,000
44,000
13,000
19,000
35,000

196**,660
319,000
102,000
30,000
44.000
5,000
33,000
5,000
271,000
95,000
57,000
19,000
7,000
32,000
3,000

Jan. 3
1939

bonds (1Concluded)
268,000 0 da Nat Gas 3%b B——1955
43,000 OsdaPow & Water 5s A...1948
$

-1940
192,000 1 acific Coast Power 5s_
767,000 Pacific Gas & Eiec 6s B—-1941
Pacific Investing 5s A
1948
Without warrants
240,000
69,000 Pacific Ltg & Pow 5s._—1942
6,207,000 Pacific Power & Light 5s__1955
131.000 Park Lexington Bldg 3s_—1964
4,963,000 Penn Cent Lt & Pow 4)^8-1977
6s
1979
254,000
1,952,000 Penn Electric 4s series F--1971
4s series F reg
1971
10,000
5s series H
---1962
623,000
Penn-Ohio Edison 6s
1950
Without warrants
744,000
5Ms series B
1959
1,195,000
1947
359.000 Penn Pub Serv 6s O
5s series D
1954
112,000
606,000 Penn Water & Pow 4MS--1968
5s
1940
333,000
2,325,000 Peoples Gas Lt & Coke 4sB_'81
4s series D
!
1961
2,516,000
.1972
1,643,000 Phila Elec Power 5 Ms1962
181,000 Phila Rapid Transit 6s
Piedmont Hydro-Electric Co—
6Ms series A
1960
664,000
—1949
140,000 Pittsburgh Coal 4s
1948
374,000 Pittsburgh Steel 6s
34,000 Apomerania Elec Co 6s—1953
1.913,000 Portland Gas & Coke 5s—1940
5s certifs of deposit
1940
2,000
- -

—

-

.

594,000
228,000
150,000
214,000
23,000

1,071,000

1,109,000
305,000
834,000

6,892,000
2,870,000
3,679,000

304,000

-

Potomac Edison 5s ser E..1956

930,000 Queens Boro G & E 5Ms—1952
-->1953
77,000 ARuhr Gas Co 6 Ms
1958
7,000 ARuhr Housing 6Ms A

143,000
3,000

1979
559,000 Safe Harbor Water Pr
86,000 San Joaquin L & P 6s B—. 1952

32,000
45,000
19,000
3,000
79,000
14,000
39,000

1,001,000
740,000
966,000
681,000
763,000

961,000
92,000
11,000
5,000

Bid

Jan. 2

Ask

91M Sale
101

92 M
94
113M H4M

76
30
92 M
98

93
110

94
112

2,037,000
725,000
858,000
713,000
596,000
349,000
581,000
394,000
356,000

Sale
Sale
Sale

Sale

Sale

91M Sale
106m 107M
105 M Sale
108
104 M 104 H
91M Sale
Sale
95
—

Sale

112

76

77

50
105

51
106

98

Sale

18M

23 M
Sale

64

107M 108
111

41H

31
20

Sale

35

108 M 109M
131
Sale
31

1943
ullin Steel Co 3s
1951
Shawinigan W & P 4Ms—. .1967
1970
4Ms series D_
Sheridan Wyo Coal 6s—. 1947
Sou Carolina Power 5s---. 1957
.2025
Southeast P & L 6s.
Sou Calif Ed 3Ms—May 1 1960
3 Ms series B—July 1 1960
Southern Counties Gas
.1968
of California 4Ms
Southern Indiana Ry 4s... 1951
S'western Assoc Tel 5s A.. .1961
.1957
Southwestern L & P 5s
2022
Southwestern P & L 6s
S'western Pub Serv 6s A_. .1945
ASpalding (AG) & Bros 5s 1989

l8i*
67
Sale

104 H

76M
Sale
Sale
Sale

109M
Sale
45 M
Sale

103 H
83

105

*1948

Sale
Sale
60 H

eoU
Sale
Sale

.1950

2

32

15 103M Jan.

5

91

98
94
104

17
24

3 108M Jan.

108 M

107

Sale 108M
106
Sale
107M
107M 109
109M 107M
106M 107M 108
103 M
Sale
106

Jan.

95 Vs
97 M

Sale
95 M Sale
Sale
97 M
98
113M H4M 114M Sale
94M
95M 98 M Sale

Jan.
Jan.
Jan.

95 M Jan
96 m Jan.

113M Jan.
96

Jan.

108

Jan.

42
43 M
41M Jan.
43 M
46
106
104M Jan.
104 M 104M 105
100
Jan.
100 M Sale
100
Sale
14
Jan.
13
30
12 M
30
83M Jan.
84 M Sale
83 % Sale
84
Jan.
84
Sale
82 M
83

24 46
3 105
2 101
14
12

Jan.
Jan.

91

Jan.

108M Jan.
108 M Sale
110
Jan.
110M U0
51
Jan.
49 M
52 M
51M
87M Jan.
88 M
Sale
90
14
Jan.
14
16
30

2 109

108 H Sale
110
111

49M

2

24

Jan.
Jan.

90M Jan.

4

76

12
12
6

64

5

81

91X Jan.

10

14

Jan.

13

14

Jan.

12

Jan.

12

Jan.

8
11
11

2

Jan.

5

18M Jan.

10

18M Jan.

10

14

35

15

Jan.

17

15

17

107M Jan.
134

Jan.

6Ms series A

35
23

99M
112M
109 Vs
109 M

Sale

65
Sale

585,000
41,000
99,000
705,000
1,649,000
350,000
3,551,000
614,000
312,000
702,000
1,366,000

Sale

A—1979
Twin City Rap Tr 5Ms A.1952
5Ms A registered..
..1952

Sale

...1950
1949

—

1941

1st 6s
1945
United Lt & Pow 6 Ms
1974
Deb 6s
—.1975
a

1959

United Lt & Rys(Del) 5 Ms 1952

,

Sale

Sale
Sale

78.

Sale

_

104 M
Sale

114

A1952
1973

72

Utah Power & Light 4Ms. 1944
6s series A
-.2022

91M

T&H
94

82

90 M
92
82
Sale

87

Sale

21
Sale
a5s income deb
1954
3,306,000
Wash Ry & Elec 4s
1951 107 H HO
89,000
Western Newspaper Union—
69 M Sale
Conv deb 6s
1944
510,000
West Penn Elec 5s
2030 104 M 105
349,000
West Penn Traction 5s
i960 111M 112
310,000
.1951 106 M Sale
51,000 Wheeling Elec Co 5s
Wisconsin P & L 4s A....1966 100 M Sale
1.827,000

Yadkin River Power 5s...1941
795,000
1937
454,000 t aYork Rys Co 5s
5s stamped..... ...... .1947

847,000

For footnote* see page 53.




102 M
87 M
90
87M 00

102

10

30
30
30
19
22
3

Jan.

49

Sale

49M Jan.

19
19

Sale

48

19
19
19
19
2

72M Jan.
72 M Jan.
72M Jan.

48

Sale

59 M
22 M

Sale

48
49

Sale

19

Sale

29

Jan.

10

35

26

24M Jan.

3

26

42
Jan.
43
Sale
104M Jan.
105
Sale
107M Jan.
107 M Sale
Jan.
117
115
Sale
119M 115
100
Jan.
102 M 102 M 101M Sale
62M Jan.
65 M Sale
62 M Sale

Jan.

3

44M Sale
Sale
Sale

9H Sale
118M

u?8
IP

Sale

30

IP ip

30

83 M
107
93
118
80
-

99

18

35

87

16
85

80

Sale

9

117M Jan.

Apr. 14
21M June 30

43 M Jan.
20
Jan.

17M Jan.
77M Jan.

75
77 M Sale
107 M 108 M 107
88
Sale
88
Sale
118
Sale
118
Sale
74
75 M
77
80 M
99
Sale
99M 100
99
Sale
100
Sale

102

4
4

103M Feb.
39 M May
100M Sept.

104 M
97
97

Sale
Sale
98

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

Jan.

16
11
11
24
24
2

31
2

24
2
2

Jan.

54 % Sale
107
108

52M Jan.
106M Jan.

115M 116

115

105

104M Jan.
105M Jan.

104 M 105
94 M

97

95 M
98

45H Jan.
20

Jan.

18M Jan.
89m
87M
107 %
93 %
18M
84 M
100M
101K

20 103

Jan.
Jan.
Jan.
Jan.
Jan.
Jan
Jan.
Jan.

57

Nov. 30
Oct. 18

108M Nov. 29
59
July 20
74 M Aug.
74M Aug.
74M Aug.
73 M Aug.
74
Aug.

3
3
3
3

li
13

73MAug.

3

35

Jan.

5

26

64
50

Mar.

9

11

Oct.

11
11
11
11

15M Nov.

1

Sept. 14 53H
94M Sept. 26 104M
3 107M
4 115
86M Jan. 25 103
50M Jan. 26 66 M
61M Dec. 11 61M

29

,

3

Jan.

14

Jan.

14

Dec. 16

Dec. 30
Aug. 15
Dec. 18
Aug.
2
Dec. 11

5M Dec. 21 52M Jan.
Sept. 11 119M July

8

11

Jan.

14

19] 110
5
11
18
9
8

Jan.

L04M Ji

96M[Jan.
97

Jan.

33
8

Sept. 20
Oct. 13

16M Dec. 27
Apr. 10
8
68
Apr.

72

10
4

103

4

Sept.

52

14

28 M July 25
28 H June 14

90
Aug.
5
88 % Oct. 26
7 108 M Dec. 11
Dec. 30
93
11

110

9

15
15

25

78M Apr.
Sept. 11 119M
68M Apr. 15 85
8 100 M
91
Apr.
81X Apr. 11 101

Aug.
Aug.

3
3

Nov. 16

Dec.

13

89M Apr. 10 102 M Dec.
82
Jan.
3 101M Dec.

16
16
8

87

3

9

30

106

6 107 M Jan.
22 115M Jan.
Jan.
11 105

30
23
12
23

15 106M Jan.

17

105
Jan.
98M Jan.
98MlJan.

3

Jan.

3 102M Dec.

Sept.
Sept.

1 31M Feb. 17
July 14
7 111

49
104
100

10H Jan.

7M Jan.
8M Sale
108M 109M 108M Jan.

109

Jan.

1

105 M Dec. 27
105 K Nov. 22
104 K Dec. 22

Apr.
54M Apr.
65
Apr.
54
Apr.
54
Apr.
63 M Apr.
15M Dec.

103
Jan.
99 M Jan.

6

~8M
99
101M 102

106M 107

10

3 118M Jan.

106

Sept.
Apr.

55

46
Jan.
8 105M Jan.
11 108% Jan
2 118M Jan.
17 103M Jan.
2 65M Jan.

24

111M May 12
111M May 12

Sept.
Sept.

104 M Jan.
47 M Dec.

25

Aug.

99 M Aug.
1
Dec. 29
113

94M Jan.

16
19

Aug.

!§&

Jan.

6

18

102 M 102M 102

Sale
Sale

Sale

Jan.
Jan.

11
2

Jan.

Mar. 18
Jan.
9
Mar.
7
Sept. 27
75
Feb. 20
10a
105 M Feb. 16
Dec. 27
95

76M Jan.
83

Jan.

Sale

100
100 M

52]

Jan.

72M Jan.
7lM Jan.
22 M Jan.

31

138

Sept.
May
Sept.
Sept.

102

97M Jan. 29 100M Jan.
2 102M Jan.
100M Jan.

102 M

106m 107
115M 119
104 H Sale
105 M Sale

72

98M July
35
25

111M Oct.

Nov.

n»
ip

8
8
9
8
8
8
31

Feb. 25

27

21

100
81

Mar. 14

r*>

Sale
Sale

10 M Sale
107 M 109

6

63H Jan.
28

8

22

Sale

19

82 M Dec. 29

Aug. 15
May 10
Dec. 18
Dec. 30
Aug.
3

8
2

30
3
6

June

84 U Nov.

Sept. 28 157 M
Sept. 21 108 Ji
75H Jan.
3 99 M
72
Jan.
3 97M
70M Jan. 14 93 M

Sept.
121M Sept.

99M Jan. 22 105MIJan.
2 107M Jan. 15
107M Jan.
53 H Jan. 31
3
50
Jan.

60

83 U

1946
1,929,000 Virginia Pub Ser 5Ms A
6a.
-1946
502,000
5s series B
1950
1,357,000

10219asJan.

107 M

26

77
75
104

12

Jan.
Jan.

104 M

26 M

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

20

50
105

58M Sale

Sale
Sale
Sale
51M

57

Jan.
Jan.

05% Jan.
51M Jan.
05MJan.
4 102 H* Jan.

104M Jan.

Sale

1956

51

Jan.
Jan. 31
6
Jan.
Jan. 31
Jan. 27

67M
98M
97U
95 m
100M
112M
110M
110M

Jan
Jan.
Jan.
Jan.
Jan.

Sale

52
Sale
116M 117

3
2
2
24

60

22

49 M
99
103 M
100
87 M
50 M

25
4
4 104

19
12

July 17
Aug. 15

Nov. 17
Sept. 12

106

9 109M Jan.
Jan.

16 134

59
60 M

25

Tide Water Power 5s

5Ms

92M
98M
110M
Sale
108M
109M 108M

32

1956
2022

Jan.
95
95 M Jan.

Sale

Sale

Sale
Sale
Sale
Sale
Sale
Sale

63M Jan.

Sale

Sale

105M 105% 105 M Sale
51M Sale
51
52
105
105M 106
109
102 H
103
104M 99M l6i"
107 M 108 M
107 M Sale
53 H Sale
49M
50
67 M
67 M
67 M
66 M
67 M
66 M

23
Jan.
102 M Jan.

95

o95M

28

--I960

United Lt & Rys (Me) 6s
Deb 6s series A

Sale

Sale

24M

—1953

Without warrants
AUnited Indus 6 Ms

97 M

.1940

Texas Elec Service 5s

6s 4th stamped
224,000 United Elec of N J 4s
United Elec Service 7s

25 3<
104 y
Sale

Sale

13
22

Sept. 21 111
4 53
2 105 H
Dec. 20 23

107

9M Oct.

.1946

-

Texas Power & Lt 5s

6s

11

21M
103 M
64
95
95 H
91

22

134
100

96M Jan.

138

Mar.
Mar.
Oct.
Jan.

17 109M Feb. 20

105M Jnly

13

35

132

Dec. 29
Nov.
9

6 115M Oct. 16
Dec. 29
95

Oct.
2
Jan.
3
Dec. 27

27

9

Sale

108M 109

7

5

17

137

25

Jan.
35M Sept. 19 51
Mar.
June 28 108
95M Aug. 31 100M Oct.

12

97

133

2

101

Sale

109M HO

4

12
19
20

17

Apr.

39M Jan.
77M Oct.

Jan.

7

Jan.

9

9

99

2

Dec.

29

6 110M Jan.
53
Jan.

Jan.
Jan.

May

Nov.

6 108

Sept.

11

4

Mar. 24

Aug.
Jan.
Dec.
Jan.
Dec.
Jan.
Nov.
Jan.
Sept. 6 105M July
Dec.
Dec. 29 104

109M Sept.

30

35
35

17

76

Jan.

Jan. 19 153M
151M 152M 150
151M 155
107
Jan. 31 108
Sale
107
108M 107
94M Jan. 24 100X
97 M Sale
98 M Sale
91 % Jan. 24 100
95 M Sale
98
Sale
90M Jan. 23 97
93
Sale
92 M Sale
96 M

20 96
10 113M
95 H
3
7 44 M
26 03 M
3 105

Oct.

3 109 M
100 H Jan.
3 107 M
91M Jan.
102X Sept. 7 109 M
103 M Sept. 12 108
104M Sept. 7 108M
100
Dec. 11 105
90
Sept. 5 100
92 M Apr. 14 100 M

106M Jan.
30
97M Jan
26
98M Jan.
26 114M Jan.
5
98M*Jan.

Sept. 6 104
Sept. 11 114

109M Oct.

25 102

109M Jan.
107M Jan.
108M Jan.

Jan.

106
109
107 M Sale

33

Waldorf Astoria Corp—

91,000

101H Jan.

43M Jan.

4

22
11

5 105M Jan.

Ulen & Company—

33,000
32,000

Jan.

88

30 105M Jan.

14

1937

6s

1,242,000

64,000
26,000
11,000
18,000
54,000

43

25

Jan.

14

Sale

3 104H Dec. 16

98

96
Jan.
3
Jan.
29 112
24 97 M Jan

Jan.

88

Sale

91M Jan.

108

10 110M Jan.

104

Sale

Sale
107 M

103 M Oct.

18
6

104

22

Sale

66

ASchulte Real Estate 6s... 1951

661,000 AStarrett Corp 5s
Stinnes (Hugo) Indus—
7s 2d stamped
149,000
7s 2d stamped
258,000

140,000
12,000

153,000
1,000

93
43 M

93M Jan.
09% Jan.
90M Jan.

109M Sale

100 m Sale

Standard Gas & Electric—
6s stamped
.1948=
6s conv stamped
.1951
6s
.1957
6s gold debs
574,000
.1966
6s
1,785,000
2,949,000 Stand Power & Lt 6s..... .1957

719,000
3,945,000
2,339,000
299,000
1,626,000
2,446,000
1,000

123,000
85,000
108,000

Sale
112

18 100M Jan.

107M 107M 108M 108M 107M Jan.

97

Scripps(E W) Co 5Ms

2,512,000
1,751,000
2,698,000

35,000
180,000
79,000
11,000
160,000
266,000

77,000
259,000
22,000
429,000
64,000
58,000
25,000
61,000

95
111

Sale
44
102 M Sale
102 % Sale
103 M 104 M 105 M Sale
Sale
104M Sale 104
93 M
43 M

Sale
32

Terni Hydro-Electric Co—

49,000
1,000
3,000

99
102
109 M Sale

100M Jan.
109M Jan.

Highest
Sale Prices
4
17 107 M Dec.

Sale Prices

ASaxon Public Works—

42,000
86,000
956,000
592,000
1,413,000
681,000
216,000
1,228,000
7,610,000

YEAR 1939

Lowest

Highest

Lowest

Jan. 31

Sale Prices
Sale Prices
Ask
Ask Bid
2
106 M 107 M 106M Jan. 30 107M Jan.
107 M Sale
104
Jan. 30
102M Jan. 18
103
103 M 103 M 104
Bid

100 M 103
109 M Sale

102

113M Sale

4Ms series F-*
1961 109
Potrero Sugar 7s stamped .1947
39M
Power Corp of Can 4 Ms B-1959 102 M
18
iPrussian Electric 6s
1954
Public Service Co of N J—•
148
6% perpetual certificates
Pub Serv of Okla 4s—___1966 106 M
75 H
Puget Sound P & L 5 Ms—1949
72 M
5s series O
1950
71
4Ms series D
.>1950

1,000
1,000

2,000
26,000
75,000
199,000
94,000
17,000
194,000
362,000
102,000
92,000

RANGE FOR

JANUARY

Price

new york
curb exchange

12 Months
1939

41,000
4,000

60,000

exchange

NEW york curb

52

108 M Jan

2

56

Jan.

2

Mar. 4
Dec. 28 63
Jan. 28 106H Aug. 29
July 24
Sept. 5 116
8
103 M Nov.
1 106M Jan.
Nov. 17
99
Sept. 6 107
102M Jan.

June 15
97 M Nov. 27
98
Nov. 21

4 106

Apr. 20
86M Apr. 24
87

AGGREGATE
SALES
In

PRICES IN JANUARY

RANGE FOR

YEAR 1939

Price

NEW YORK
CURB EXCHANGE

12 Months

January

53

NEW YORK CTJRB EXCHANGE

FEB., 1940]

Jan. 3

1939

Jan

1939
Bid

Ask

2

.

Jan. 31

Ask Bid

Bid

Lowest

Highest

Lowest

Highest

Sale Prices

Ask

Sale Prices

Sale Prices

Sale Prices

FOREIGN GOVERNMENT
AND MUNICIPAL

3,000

8"O6O

Agricul Mtge Bk Rep of Col—
A20-year 7s
Jan 15 1946
7s certifs of deposit
1946
420-year 7s.
Jan 15 1947
7s certifs of deposit
1947
*6s ctfs of deposit
-1947
Antioquia (Dept) Colombia—
47s A ctfs of deposit
1945
47s C ctfs of deposit.
1945
47s D ctfs of deposit
1945
47s 1st ser ctfe of dep—1957

37,000
1,000
33,000
4,000
2,000

26,000
3,000
1,000
11,000

7s 3rd

1,000
2,000

ser

ctfs of dep

25M

Caldas

26

35

26X Jan.

15

35*

26M Jan.

19

25

23

26 M
25

30

26

26H Jan.

13

26M Jan.

12

25

23
23

26
25

"30"

35
35

35
28
35

23M Sept. 18
25M Dec.
8

~30"

24M

26M

35,

Jan.
Dec.

11
6

35

24M Jan.

16

25

11

25

8X

15

11

25

8%

15

11

25

10
10
10

25

8M Jan. 26
12M Aug. 22
13 M June 21

7
7

15
15

10

25

10

25

11

10

16

10

25

11M Jan.

30

11M Jan.

30

12

30

30

121

29

12

29

11M

20

15

35

15

35

20

10

35

10

35

13 M
12

16

13

15

25

10

1957

25

10
10

25
25

12M
12 M

35
35

12M
12M

35
35

26

40

28 M Jan.
7
25M Dec.
8
27M Dec. 29
25

Dec.

6

24M Mar. 14

30

17

8X

84,000 4Baden (Germany) 7s
1951
Bogota, City of (Colombia)—
1,000
48s ctfs or deposit
1945

15

25

3

Jan.

Jan.

Mar. 16

14M Dec. 20
14

June

9

13 M June 21
14 M Nov. 16

9M Nov. 14

20

July 20

Mar. 10

15

Mar. 10

15

(Colombia)—
11M

a7Ms ctfs of deposit— 1946

12,000

26

26M

16 X June 15

16 M Aug.

10

18

Nov. 20

4

iCauca Valley (Dept

14,000

of) Rep of
Colombia extl s r 7s
1948
47s ctfe of deposit
1948
7^s ctfs of deposit
1946

286,000
8,000
9,000

13
12

Sale
Sale

1494 Jan.

12

15

Jan.

20

Jan.

28

11 X Mar. 18

12

Jan.

3

15X Dec. 28

17 M Dec.

8

6M Sept 21

25 X Mar.
25 X Mar.

ACent Bk of German State &

15,000
2,000
2,000

19,000
10,000

5,000
8,000
65,000
12,000

3,000

9,000
297,000
139,000
110,000
227,000
178,000
49,000
67,000
146,000
233,000
242,000
25,000
10,000
46,000
11,000
20,000

15,000

4.000

2,000

*

n
a

r

No par

19 X
99 M

25
Sale
97 M
99 M

40M
21
20

17

17

12M
69* 10
11 x Sale

~7M "20"
24M

30
30

25 U

30

Ex-dividend.
Bonds being traded flat.
t Reported In receivership.

s

a

5
12 H

10

Sale
20
13

11M
20
9M Sale
9M
10M
14 H
16 M
25

6

43%

8

20
20 M

11%
11M
9M
II8/4
13 M

25
20
11
14
16 M

10

16

52

Jan.

8

41

Jan.

7

Jan.

30
3

7

Jan.

30

8

13 X Jan.
1294 Jan.

17
30

7M Sept. 22
6M Sept. 16

25

12

25

10
26

28
35

12M Jan.
12M Jan.

12

16

Sale

96

97

8

9

5M

Jan.

11

9M Jan.
10M Jan.
14M Jan.

2

35

22

26

Jan.

45

13 X

13M

58
Sale
14 M

18
13

15

12

39M

4294

10 M

9M

1094

38M Jan.
9M Jan.
7 X Jan.
X Jan.
X Jan.

X

8
Sale

70M
13 M
13 M

7%
8H
% Sale
% Sale
76

15
19

"conv" convertible.




26X Jan.

16
25

19

13

17

42M Jan.
9M Jan.

13
6
2
6

Jan.

17

15 X

14M Jan.
14X Jan.

22
13
16
16
2

5

35 M Feb. 20
20
Mar. 6
20
Mar.
6

22
20
13
15

Apr.

4

Mar. 17

Mar.-10
Mar. 10

Nov. 22

15

20

18

June 10

13 M Dec.

8

25H Jan.

26 M Nov. 29

Dec.

25M Dec. 30
26 M Aug. 17
26 M Nov. 17
25 M Dec. 27

June 30
Dec. 19

6

16
Jan.
3
96 M Mar. 17
15
Mar. 10
14 M Mar. 11

Jan.

% Jan.
% Jan.

31

9

15

Jan.

1494 Jan

.

31

Sept.
yjl Sept.
*A< Aug.
*A Oct.

25
26
31
14

Apr. 27
May
5
3

8 H May

M Feb. 23
H Jan. 11

69H Dec. 26
14 M Jan. 25
15M Sept. 11

Mississippi River Power 5s, 1951, Jan. 26 at 10
Root Petroleum Co. common, Jan. 24 at 1M•

Sunray Oil Co. 5M % conv. pref., Jan. 30 at 32.

voting trust certificates.

n (Jnder the rule sales, in which no account is
taken in computing range, are given below:

"w w" with warrants.

delivery sales, in which

4
11

20

13
25

79

15 X

Jan.

"w i" when issued.

Deferred

27

35

1854
53

"m" mortgage.
"n-v" non-voting.

a

24

Jan.

6M Sept.
7M Oct.
7M Sept.
6 H Oct.
11
Sept.
10
Feb.
9
Jan.

4

6

25 M Dec. 27

35

14 M
42 M

No sales.

"x-w" without warrants.

Abbreviations Used Above:
"cod" certificates of deposit,
"cons" consolidated.

15

35

Abbreviations Used Above:
"cum" cumulative.

"vtc"

11
23
8

32

22

&

1961

Jan.

9M Jan.
11 % Jan.

25

26

35

7X
8.

4

22

12

Oct.

8

24M Oct. 21
26
Apr. 21

35

9

7

z2

8

25

28

9

Jan.

48X Jan.

10

128/4
12 M

Oct.

30 M Dec.
19 X Feb. 17
Jan.
48
Dec.
9 100
45
Nov. 13
96M Jan.

41

21

6Ms ctfs of deposit.... 1947

value,

38M

40
Sale

26 M
24
26 M
24

30

25 M
24 M

AMtge Bank of Chile 6s
1931
Mtge Bank of Denmark 5s 1972
AParana (State of).Brazil 7s *58
ARio de Janeiro 6Ms
1959
ARussian Govt 6Ms„„
1919
A5Ms-———
1021]
Santa Fe (City) Argentina—
124,000
a7s stamped
1945'
187,000 ASantiago (Chile) 7s—....1949

Sold under the rule.
Deferred delivery sale,
Sold for cash.

50

12

98,000
122,000
288,000
388,000
554,000
370,000

a7s

70

42 M

8

26

7 % ctfs of deposit
1951
a6Ms ctfe of deposit
1954
Mortgage Bank or Bogota—
a7s issue of May 1927
1947
a7s ctfe of dep (May)—1947
a7s Issue of Oct 1927
1947
a7s ctfe of dep (Oct)
1947
Mtge Bank of Columbia

59,000

51M

22
51

12

22

1939
1949
ALima (City), Peru, 6Ms—1958
AMaranhao ?State) 7s. —1958
AMedellin (Colombia) 7s._1951
AHanover (City) Ger 7s
AHanover (Prov) 6Ms

1,000
3,000
8,000
10,000
33,000
56,000
45,000

40
40

23
23

Prov Banks 6s B
1951
46s A
1952
Colombia (Republic of)—
46s ctfe of dep (A & O)—1961
Danish Cons Munic 5Ms—1955
5s
1953
4Danzig P & Wat'way BondAexternal s f 6Hs
1952
AGerman Cons Munic 7s._ 1947
46s
1947

20,000
16,000

no account is

taken in computing range, are given below:
Dominion Steel & Coa ICo. cl. B, Jan. 30 at 11M

•

r Cash sales, in which no account is taken in
computing range, are given below:

No sales.

Chicago Stock Exchange
MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON CHICAGO STOCK EXCHANGE
Bond Sales

1940

Shares.

January

1939

607,000

Stock Sates

819,000

1939
Jan. 1 to Dec. 31

$58,000
1938

1939

1938

8,386,000

...

1939

1940

$262,000

January

221,600

1,717,000

Jan. 1 to Dec. 31

10,947,000

AGGREGATE

STOCK EXCHANGE
1939

BONDS

Shares
1,334

2,000 Chic Ry 1st M 5s.
1,686,000 Commonwealth Ed 3*4s
Stamped
26,000

170
79
350

20,950
15,960
16,600
3,650
6,800
13,877

250
600

12,950

""loo
966

1,370
3,832
8,345
2,750
4,650
200

1.600
55

'

TO",700

■2,190
2,000
8,750
20,270
17,600
16,950

180

"'"655
1,500
450

850

158,302
62,010
3,000
39,520
85,116
4,240
3,450
9,650

7,175
5,450
150

1,386
4,860
280

250

l'.ioo
3,820
1.115

530
310

100

3,630
1,000
1,350
25,600
370

1,030
1,490
500

650

17", 855
2,100

""855
1,290

,

/P

*
*
100
Co capital--100

II*

156*1

5

common

1

Equipment Co com

*

Backstay Welt Co common---*
Barber Co (W H) common—
Barlow & Seelig Mfg A com..5
Bastian-Blessing Co common.*
Belden Mfg Co common
10
Belmont Radio Corp
*
Bendix Aviation Corp com
5
Berghoff Brewing Corp
1
Binks Mfg Co capital
1
Bliss & Laughhn Inc com
5
Borg-Warner Corp common
5
Brach & Sons (E J) capital
*
Brown Fence & Wire cl A pfd. *

550

4,175

Sale

Sale

36*4

1
10

..30

1

*
105,365 Cent & S W Util com (new) 50c
Prior lien preferred
*
4,882
Preferred
*
11,840
6,830 Central States Pr & Lt pref—*
Chain Belt Co common
*
6,721
5
3,800 Cherry Burr ell Corp com
50 Chic City & Con Ry pt com..*
1
317,832 Chicago Corp common
-

22*4

*

pref

Sale
Sale

Sale

38*4

170*4
5*4
14*4
*4

Sale

Sale

7*4

Sale

3*4

3*4

5*4

6*4
17*4
9*4
18*4
10*4
'5*4

2

1*4

7

6

14
8

12*|

Sale

10*4

11

5h

5*4

15

9*4
17*4
9*4
5

29*4

Sale

31*4

7*4
4*4

Sale

10

\v*
32

5*4
20
Sale

17

16

10

*
Coleman Lamp & Stove com..*
Com'wealth Edison com
25

Sale

Sale

10*4
Sale

4

2*4

Sale

9

Sale

18

14*4
68

23*4
15
Sale

27

10

4*4

3*4 Jan.

2

4

3

3

Jan.

12

4

12

11*4 Jan.

18

Sale

18*4 Jan.

3

Jan.

12

10

35*4 Jan.

31

Jan.

8

25*4
21*4
17*4
4*4
10*4

20*4
10*4
Sale

10
20

20

105
109

3

53*4 Oct.

Jan.

20

Dec. 29
June 23

14 128
3 118

Apr.

Consolidated Biscuit

com

Consolidated Oil Corp

July

25

Nov. 29

Jan.

15

Dec.

3
6

9424 Jan.
167*4 Jan.
5*4 Jan.
14*4 Jan.
14*4

2*4
7*4
20*4

Jan.

12

*4 Jan.
7*4 Jan.

23

8

*4 Jan.
6*4. Jan.

31

6*4

3*4

3*4

3*4 Jan.

3

4

Jan.

7*4
17*4
10
17*4
Sale
Sale
Sale
Sale
4*4

6*4 Jan.

4

7

Jan.

5

9*4 Jan.
1734 Jan.
8*4 Jan.
4*4 Jan.
27*4 Jan.

5

11

Jan.

15

18*4 Jan.
9*4 Jan.

3

Jan.

3

32*4 Jan.
10*4 Jan.

31

Jan.

2

Jan.
Jan.
Jan.

3
12

Jan.

Jan.

26

Dec.

A

6

1624...

17*4
8*4
4*4
30*4
10*4
3*4

Sale

*4

3

Jan.

30

Sale
Sale
19
Sale
11*4

22*4 Jan.
21*4 Jan.

15

Jan.

5

11

13*4
2*4
7

2

Sale
Sale

4*4 Jan.

3

10*4 Jan.

18
13

8
2*4
35

4*4

Sale

3

Sale

108

70

8*4
90*4

23*4
32*4

110

71*4
Sale
Sale

35
Sale

2*4 Jan.
7*4 Jan.
21*4 Jan.

8

Jan.

10
11

.5

14
6

*

9

15
Sale
Sale

12*4
2*4
7*4

14*4
3*4
Sale

25

*4 Jan.

11

109*4 110
74

9*4
Sale

3

Jan.

24

17
5

7

3

Jan.

23

Jan.

2

Jan.

13

1*4 Jan.
36*4 Jan.

4*4
324
36*4

Apr.

28

*4 Dec.

8

4

30

100

Jan.

11

45

Jan.

4

24

2

11*4 Sept.

19

*4
1*4
32*4
12*4
61*4

Apr.

10

69*4 Jan.
8*4 Jan.
79*4 Jan.

9*4 Jan.

9

15

91

Jan.

3

53*4 Apr.

4*4 Jan.

30

5

Jan.

4

25

4*4
2*4
18*4
25*4

*4 Jan.

Jan.
*4 Jan.
Jan.

23

15

109

Jan.

16 110
2

70

Jan.
Jan.

11

3

Jan.

2

35

J an.

8

3*4 Jan.
36*4 Jan.

10

11

Sale

31

Jan.

15

32*4 Jan.

3

13*4

14*4
3*4
Sale

13*4 Jan.

5

14*4 Jan.
3*4 Jan.
8
Jan.

11

13c
9

26

3

7*4

13

10

73

Jan.

Jan.

16

7*4 Jan.

16

3

6

Apr.

Sept.
Apr.
Sept.
*4 Dec.
2 *4 Mar.
*4 July
*4 Dec.
6
Apr.
107*4 Oct.
67*4 Jan.
5
Jan.

67

16
24

Jan.

15

12

26

2*4 Apr.

2

32

3

10*4 May 31
5*4 Jan. 19
36h Oct. 28
32

Jan.

22

June

7

14
4

Nov.
Jan.
Jan.
Apr.
Apr.

1
5

Jan.

9

19
18

22
3

8

16*4 Jan.
6
Sept. 11

Jan.
4
82*4 Dec. 14
15

8

*4 Sept.
Sept.

7
6

1 *4 Jan.

5
L13*4 Dec. 21
71*4 Dec. 15
7*4 Aug.
3

20*4 Sept. 20
15*4 Jan.
4
*4 Apr. 13
2*| Sept. 11
38*4 Mar. 10
14*4 Feb.
8

13
18

Mar.

1

Mar.

Oct.

July

15
20
13

3

26

*4 May 27

2

Jan.

9*4 Apr. 11
Apr.
8
11*4 Dec. 21
64*4 Apr. 11
16

3

Jan.

*4 Jan.
2 118*4 Jan.
2
77
Jan.
3
6*4 Jan.
23
20*4 Jan.

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

*4 Jan.

34*4

10
0
Mar. 15
Oct. 20
Nov. 7
Aug.
7
33 *4 Oct. 27
10*4
19*4
12*4
6*4

23*4 Mar.

12

1

7*4 Feb.
16*4 Dec.

Sept.
1
Apr. 11

11*4 Jan.
84*4 Jan.

7

6
14
10

11
8
27
18
4
19
Nov. 4

3
19

""*4

4

Sept.
Nov.
Oct.
June
Sept.
Mar.
Feb.
Feb.
Nov.
June

13

3

8*4

20
3

Dec. 20
Dec. 13
Dec. 28

June

16*4 Jan.

b/6 Sale

70

31
25

2

20

Sale

Sale

2*4
24

Oct.

20

Dec.

Aug. 24

16
16

22

Sale

3

4

16

4

18

81*4 Jan.

""*4

3

3

23

11*4

Sale

Jan.

Jan.

5

Jan.

19

*4s

25

11*4 Jan.

13*4 Jan.

20

73

Oct.

11*4 Oct.
47*| Jan.

25*4 July
7*4 Jan.
17*4 Jan .
13
Aug.
3*4 Sept.

11*4 Jan.

14*4

18

"1*4

24

Apr. 12
Apr. 11
Sept. 1

3

3

14

117*

23*4
25*4
22*4
18*4

23

Apr. 10
Apr.
8
Sept.
1
Apr. 11

3

29

15*4

6*4

4

Oct.
Jan.

8

Jan.

21*4
14

11*4

2

2*4 Jan.
6*4 Jan.
21

14*4

83

5

19

21

Feb.

18

Sale

Sale

15
20

2124
17*4
4*4

2*4
*4
7*4
8h
109
110
68
69*4
8*4
9*4
83*4 Sale
7*4
2*4
18*4
27*4

31

Jan.

72

*4

13
31

3*4 Jan.

10

71*4
24

70

16

Jan.

14

Sale

35

7

6*4

36

un

5
4

25

15
.....

5
31

20

T
¥

4

Jan.

23*4

7

98

13*4 Nov. 20

Apr. 10 171
8*4
Aug. 29
June 14
15*4
1*4
Aug.
7
Apr. 11 38
7*4
Apr. 29
4*4
July 12
Nov.
2
2*4
*4
Sept. 11
June 29
9*4
June 26
*4
4*4
Aug. 31

8

2*4 Jan.

21*4

*4
6*4

28

11

29

4

Sale

Sale

Jan.

Jan.

11

21

11*4
82*4

23

Jan.

Sale

Sale

16

3

5*4 Jan.
2

Sale

Sale

June

15*4 Jan.
*4 Jan.
38
Jan.

37

Jan.

8

24

2*4
1*4

Apr.

3

6*4 Jan

Sale

9

15

41*4 Jan.
20*4 Jan.

4 100

2

Oct.

12

15 172*4 Jan.

*4 Jan.

Oct.

19

11

23

*4

Oct.

25

Jan.

Sale

36*4

it*

1

cap

Oct.

11

4

Apr. 10
Jan.

12*4 Jan.
20*4 Jan.

Rights

Compressed Indus Gases

11

2
23
6
26

6
3

July
7
Apr.
8
Apr. 10
May
4
Apr. 22
Apr. 10

Sale

19

18*4
4*4
11*4

Jan.
Jan.
Jan.
Jan.
Jan.

49

30

Sale

23

70*4 Jan.

2 145

Jan.

*4
6*4
Sale
*4
Sale
nsK 113*4
Sale
70
70*4
5*4
5*4
4*4
4*4
19
Sale
18*4
12
12 *4
Sale
12*4
*4
o
Sale
"1*4 Sale
1*4
36
Sale
3624 Sale
25
25
1224

*4
a
5*4 Sale
1*4 Sale
101*4 Sale
47*4 Sale
4*4
15*4

15

19

13

20*4 Sale

Jan.

9

9

41

38

2

100

100
810 Chicago Ry pt ctfs "I"
Part certificates "2"
-.100
140
4
2,460 Chic Rivet & Machine cap
690 Chicago Towel Co conv
Common capital
940

Sale

68*4 Jan.

99

97

96

94

171*4
5*4
15*4
*4
35

ny>

2

-

Convertible preferred
*
40 Chicago Electric Mfg A
*
20,050 Chicago Flexible Shaft com. .5
100
17,621 Chicago & N W Ry com

31,100

1,210
769,684
854,000
18,200
14,950
42,579

19

6*4

17

Preferred

Sale

40

5*4

22

-

II*
20*4
10*4

2*4

*

-

9

5

12,530 Castle & Co (A M) common .10
2,350 Cent Cold Storage Co com.-20
*
35,210 Central HI Pub Serv pref
Cent 111 Secur Corp—
Common
21,300
Convertible preferred
15,400

19*4

2*4

15*4 Sale

Campbell Wyant & Cannon
Foundry capital
4,760

18

Sale

1

cum conv pref

12*4

Sale

5

5%

Sale

3*4

3

3*4
4 *4

10

Common

1,250
1,400

"T555

It*
Sale

Bruce Co (E L) common..

26,980 Cities Service Co common
14,850 Club Alum Utensil Co com

86,100

Sale

1 480 Bunte Bros common
11,550 Burd Piston Ring common
102,705 Butler Bros common

13,274

Jan.

15 130

45*4 Jan.

47

8*4
3*4
2*4
11*4
20*4
19*4
9*4

3h

2,907

170

7*4
12*4
19*4
8*4

9*4

*4

*
8,078 Chicago Yellow Cab capital-_*
5
58,853 Chrysler Corp common

265

a*
34*

3 *4

22
Sale

90

30

Sale

9*4
3*4

Sale

144
45

49

47

69*4

8*4

Athey Truss Wheel capital--4
*
--5

100

""265

7

-

Asbestos Mfg Co commonAssociates Invest Co com

29,150

Sale Prices

Sale

11

4,870 Automatic Washer common-.3
3
67,153 Aviation Corp (Del)
Rights (w i)
19,400
129,280 Aviation & Transport cap—-

4,045

750
900

Aro

Co

Sale

144

2h

984 Auburn Auto Co common
1,300 Automatic Products com

"""300

"

Amer Tel & Tel

69

130
Sale

in

10

-

Sale

43

25

cl A

Allis-Chalmers Mfg Co

Armour &

Highest

Prices
53*4 Oct. 20
Sale

Oct.

58

Castings
5
Aetna BaU Bearing common. _1
Allied Laboratories common--*

51,462
.178,217
30,150
30,055
4,550
10,100

Lowest

Sale Prices

p0>

520 Altorfer Bros conv pref
7,590 American Pub Serv pref

20

HiQhest

Sale Prices

Ask

128*4 128*4, 127*4 127*4 126*4 Jan.

Advanced Alum

Allied Products Corp
Common

Lowest

,.v

Ask Bid

Bid

109"" Sale"

*
20,051 Abbott Laboratories com
Rights
28,350
400
4*4 % cumconvpref
100
25
5,031 Acme Steel Co common
3,270 Adams (J D) Mfg common—*
*
8,850 Adams Oil & Gas Co com

280

Ask

1927
1958

STOCKS

Shares

4"

Jan. 31

Jan. 2

1939
Bid

262",006

YEAR 1939

Price
Jan. 3

12 Months

January

RANGE FOR

PRICES IN JANUARY

CHICAGO

SALES
In

8
2
1

15

Dec. 20

9
13

Oct. 14
Aug. 8
73*4 Nov. 29
9*4 Oct. 26

11

94

.

_

4 112

29

14
27
11
11
Apr. 26
Nov. 22

3

6*4 Aug. 24

9

3 *4 Dec.

Oct.

9*4 Feb.
3*4 Mar.
35

Dec.

32*4 Dec.
22c
Apr.
16*4 Sept.
6*4 Mar.
9*4 Sept.

6

6
2
16

29
27
27
13
0

Consumers Co—
60

100
30

1,220
260

V t c pref part shares
50
3,590
Com part shs vtcA
50
1,395
Common part shs vtcB
*
3,140
11,916 Container Corp of Am com—20
*
3,682 Continental Steel common

745

""857

Preferred

24,280 Crane Co

For footnotes see page 56.




common.

100
25

7*4
3

6*4
2*4
1
„

lk

16*4 Sale
27*4 Sale
101*4
37
Sale

3*4
4*4
124
2
*4
1*4
16*4 Sale
28

30

107

23*4

24

4
1

*4
16
27

107*4
22*4

4*4
1*4
*4
16*4
28*4

3*4
1
*4
15*4
25

Jan.
Jan.
Jan.
Jan.
Jan.

15

3*4
1*4
*4
17*4

22

28*4 Jan-

3

23*4

21*4 Jan.

23

24*4 Jam

4

9
17

13

Jan.
Jan.
Jan.
Jan.

13

1 *4

13

*4
9*4
1654
102*4

3

17

Nov.
Dec.
Aug.
Apr.
Jan.
Aug.

7*4
9
2*4
24
1*4
29
17*4
24
8 32
13 110
25 37*4

Jan.
6
July 13
Jan. 19
Dec.
6
Sept. 11
June

9

Jan.

4

CHICAGO

FEB., 1940]
AGGREGATE
SALES

m

^

1939

Shares
510
1,350
120
800
300

STOCKS

4,560
16,601
1,490
18,850
1,300

Jan. 2

1939
Par

Shares

'

RANGE FOR

YEAR

1939

Price
Jan. 3

12 Months

January

55

EXCHANGE
PRICES IN JANUARY

CHICAGO
STOCK EXCHANGE

In

STOCK

Ask
Sale

Cudahy Pack Co 7 % cum pf 100
Cunningham Drug Stores.-2%
Curtis Lighting Inc common..*
Dayton Rubber Mfg common_1

Sale

—35

Sale

Cum class A

pref

16%

61

18 %
2

2

Jan. 31

Ask Bid
63
Sale

Bid

18%
28%

18%
3%
19%

31

Ask

65%
18% Sale
1%
3%
18% Sale
30

——

Lowest

Highest

Sale Prices
59
Jan. 10
Jan.

10

1% Jan.

16

18

17

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Jan.

64

4
4

18% Jan.
Jan.

2

12

48

7
Aug.
12% Apr.
8
1
Apr. 26

Jan.

15

9

10

19% Jan.
31% Jan.

23

29% Jan.

26

23

1% Jan.

31

1% Jan.

31

Apr.
Apr.

11
10

73

19%
4%
19%
30%

Mar. 8
Aug. 17
Sept. 6
Dec. 22
July 31

Decker (Alf) & Cohn—

100

5,610
90

1,695

"""30
270
650
850

1,250
250

3,150
1,700
105
300
300

1,000
2,400
1,200

•"238
1,550
1,297

6,511
215

850

1%

10
100

Common.
Preferred

310 De Mets Inc pref
Dexter Co (The) common

2,900
5,290
8,242
3,650
9,900
6,250
55,890
22,705
5,958

7,000
14,700
13,550
37,650

17.159
10,150
105,194
2,213
16,949

28%
4%

Gillette

Safety

2.125
1,650
5,900
2,258
400

200

1,250
1,000

8,150
26,754
21,050
90,930
82,413
2,710
3,650
41,660
5,200
20

"270
600

4,040
3,430
1,550

725
150
205

28,041
4,210
35,359

860

2,800
1,795

'""766
400

396

2,006
20

820

250

3,500
2,0,50
60

740
410

750
700

1,700
600

'""ISO
10

350

3,430
950
50
960
50

520

1,428

8,025
4,318
14,600
1,380

162

1,550
200
390

200

170

8,885
4,350
310

42,000
1,050
2,650
400

550
950

200
390
100
350

150
110
30

2,340
450

120
400

52,500
481,280
31,050
38,300
43,790
30,110
51,402
17,580
6,620
8,050
5,990
2,500

200

20

3,950

100

Hall Printing Co common—10
Hamilton Mfg cl A part pref-10
Harnischfeger Corp common-10
Heileman Brewing Co G cap.. 1
Hein Werner Motor Parts—3
Heller (W E) 7% pf w w
25
Hibb Spencer Bartlett com—25
Horders Inc common
—*
Hormel & Co (Geo A) com— *
Houdaille-Hershey—
Class B—
*
Hubbeli, Harvey, Inc com—5
Hupp Motor Car common
1

2,550

"2", 400
1,550
130
850

4,300
150
40

1,190

2

3

11%
4%
Sale

11

11%

10 % Jan,
4
Jan.

10

14

9%
2

2%

4

Sale

4%
13

4%
14

14%

4

4%

59

58%

Sale

11
2%

Sale
3

Sale

16

16%

17

63

13%

69

62%
69
51% Sale
10%
10%

56%

Sale
10%
11%
2%
2%
47 % Sale

Sale

3

Sale

3

13

5

9

2

49% Sale
6%
7% Sale

Jan.

11

4% Jan.

26

10% Apr. 10
3
Apr. 24

Jan.

17

10

Jan.

12

2

Jan.

16

16

15% Jan.

15

17

Jan.

31

11% Apr. 14

51% Jan.

31

57% Jan.

8

2 % Jan.
45% Jan.

10

2% Jan.

13

48% Jan.

17
6

40% Apr. 11
10
Apr. 10
1% Apr.
8
36% Jan. 28

Jan.

15

4% Jan.
6% Jan.

4

55% Jan.
5% Jan.

4

6% Jan.

4

14

4% Jan.

2

59

11%
4%
5%
6%
7

12%

3%
6%

Sale
4%
Sale

52% Sale
4%
6%

5

Sale

51

3
16
9

10%

23%
12%
27

18%

7

7%
5%
8%

Sale
"

8%

11

Sale
Sale
Sale

Sale
7%
6%
Sale
8%

20
11

12

22% Sale
12% Sale
27% Sale
18

18%

5

7

5%
9%
8%

5%
9%

28

37" Sale"

39%

11%
23%

13%

11%
24%

17% Sale
12
10%
2

'21
4

93
60 %

30

Sale

23

4%
94 %

Sale

Ig

I*

16%

18 %
26%

Sale
13%
31

13%

13%

14

15

Sale

6% Sale
20

%
4

12%
23%

2%
86%
61%
3%

1
4%
12%
25

2%
88

Sale

39% Sale

38% Jan.

14

Sale

5

3%
24%
6%
6%

*
10

Libby, McNeill & Libby com_*
Lincoln Printing Co corn-----*

21

22%

2%

3

82% Sale
54% Sale

—-10

*

*
*
5

9

15%
12%
5%

26

30

27

28%

Jan.

9

,

9

39% Jan.

2

Jan.
Jan.

13

14

Jan.

3

5

32

Jan.

23

13% Jan.
14% Jan.
% Jan.

3
8
3

5

3

27

Jan.

18

Apr.

37

11

3% Sept.
5% Apr.

6
10

3%

3%
7%

West

Nachman

Springfilled com.
National Battery Co pref—
Nat'l Bond & Invest corn-

.*

"*
'*

Nat *1 Pressure Cooker Co— II2

—




56.

14% Jan. 20
8% Sept. 5
15
Mar. 13
4% Sept. 30

17% Sept.

Sale
3%
30

3%
Sale
%6
Sale
4%
4%
%

10%

10%
18%
1%

14%

Sale"

7%
31%
15%

9
32%
16

21%

41

143% 160
51% Sale

42

160%
55%

2%

46%
6%
7%
44

64% Sept. 27
11% Feb. 24
3% Oct.
2
48
Dec. 30

%
56%
6%
8%

Jan.
Oct.
Jan.
Jan.

3
26
11
5

5

19

Sale

%
1%
25% Sale
2%

1?3*
Sale
16
Sale
14 %

5

Jan.

26

2% Jan.
82% Jan.

23

22

Jan.
Jan.

54

11
15

2

4

5

2% Sale
%
M
1%
1%
3.
25%
6

3%
-----

6%

6%
2%

5%

Sale
38

7%

100

Jan.

4%
2%
%
1%

Jan.
Jan.
Jan.
Jan.

21% Apr. 11
9
Apr.
4
18% Apr. 11
8%
4%
4%
6%

Apr.
Jan.
July
Jan.
7
Apr.
27
Oct.
32
Aug.
10% Apr.
23% Apr.

11
13
10
4
10
5
24
25

17

8% Jan.
8 100% Jan.
3

15

9

17
3
20

5
74

11

6% Jan.

15

Jan.

3

Jan.

Jan.

Jan.

8

Jan.

11

22

24

6
4

10

2

18

26

J an.

3

5

5

J an.

11

Sept.

Jan.
Jan.

29

10

Jan.

29

15

13

Jan.

4

15% Jan.
1% Jan.
25
Jan.

15

17% Jan.
1% Jan.
25% Jan.

23

5% Jan.
Jan.

31

7% Jan.
36% Jan.

36

4

12

17

30

Dec.

4
5% Jan.
32% Mar. 16

Oct.
Apr.

13

Jan.

6

11"

Nov. 29

Aug.

20

Jan.

June

18% Jan.
Sept.

23

1

Apr.

24

25

May

Sale

13

Jan.

31

4
30

29

27
15

Jan.
Jan.

Nov.20

Jan.

alg

3%
28%

6

3

4

Jan.

23

30

Jan.

3%
0VA
8% Sale
%6
%
2%
2%

20
26

U

Jan.

10
2

3% Jan.

27
17% Nov. 8
3
5% Jan.
30% Dec. 16

11

Sale

1%

Jan.

23

8

5%

6%

4% Jan.
% Jan.

8

15

Jan.

11

% Jan.
3% Jan.

6

Jan.

20

23

4 Jan.

10

4

Jan.

4

Jan.

18

%
3%
10%
19%
1%
40%

51%

4

11%
20%
2%
42%
Sale

80%
22%

10%

Sale

39

Sale

17%

Sale

4

5

1

9% Jan.
19
Jan.

1% Jan.
Jan.

41

168% Jan.
50% Jan.

22

2%
6%
6%
%

28*

3

57% Oct.

9

74

22

Jan.

13

18

11% Jan.

8

18

2

39

Jan.

27

31
6

Jan.

25

17% Jan.
4% Jan.

% Jan.

9

,% Jan.

27

Jan.

2

28% Jan.

3

31%
3%

Sale
4
16
11
10%

28%
3%
7%

Sale
3%

28% Jan.
3 % Jan.

18

31% Jan.

2

16

3% Jan.

6

8
Sale

7 % Jan.
10% Jan.

30
3

7% Jan.

30

11

11%

Sale

Sale

16

17

70

64

74

20%

19% Sale

3
22
6

31

May 27
June
Dec.

2

25
29

23% Sept.13
6

Apr. 10
30% Jan. 25
10% Apr. 26

9

Jan.
Jan.
Jan.
Jan.

7

55% Jan.
82% Jan.

Sale

18%

2% Feb.
45

17

5
16

171

Jan.

7

Jan.

22

8

10% Jan.
37
Jan.
16% Jan.

9

24

24

21

10%
16%
63%
19%

Sept.

30

22

4

July

Jan.

3

4

k

1% Jan.

27%

17
60

June

1

42% Jan.

Jan.

1%

Jan.

5% Mar.

8

76

21

6
7% July
7% July 13
1% Apr. 18

8

30 169

Sale

7%

10^

4

24

Jan.

27

10%
10%

Jan.

4% Jan. 11
Aug.
3

10

Jan.

Jan.

23

5

21

4%

14%

Jan.

Jan.

6

77

11%
Sale
15%
5%

%

10

2

5%

23%

10%
37%

Oct.

4

Jan.

6

Sept.30

27

5

3% Jan.
7% Jan.
Ms Jan.

6

Jan.

Oct.

10

29
2

Jan.

3% Jan.

6
4

39% Nov. 30
16

26

Dec.

Apr. 13
% Jan. 18
4
2% Jan.
32% July 25
4% Oct. 31
27
Sept. 21
10% Sept. 8
10
Sept. 5

9

27

Oct.

V*

4
10

12

8

25
15
101% Dec. 14
Mar.
7

2% Apr.

21%
1%
9%
9%
13%

Dec. 28

45l%

Mar.

Jan.

2%
25
4%
10

Sept. 30

6

Apr.

Jan.

Oct.

lots

Jan.

11

4
23

Jan.

50% Nov. 24

% Apr.
1% Aug.
27
May

Jan.

3%
25%
6%
7%
2%

11

4

18

2% Aug.

30

Sept.30

26

43% Dec.
4% Dec.

13

3
4

Dec. 30

22

Jan.

30
2

Jan.

Sept. 11
Sept. 13
4
6% Aug.
2
5% Aug.
Mar.
7
19

Feb.
Mar.

3% Jan.
% J an.
1% Jan.

Jan.

Jan.

Apr.
3% Apr.

29

20

5
4

6%
20%
23%
25%

Sept.

15

Jan.

6

Oct.
Nov.

17% Jan.
3
14% Dec. 16
2% Jan.
5

11

3% Jan.
25% Jan.

9% May 31
27
40

8

49% Jan.

26

18% Dec. 14
8% Nov. 30
8% Oct. 17
10
Nov. 28

8% Apr. 11
9% May
8
% Aug. 10

18 101% Jan.
25
5% Jan.
3
2

11
4
Nov. 2
Feb. 28

13% Dec. 13
31
Nov. 29

36

17

.100%

Jan.
Jan.

17

3

15
Jan.
19% Jan.
47%
46 % J an.
5% Jan.
7% Jan.
100
Jan.

44% Jan.

13%
37%
13%
27%

3

4

Sale

5

Sept. 11

11

8

15

12

15

Jan.

16

Jan.

90% Jan.
62% Jan.

24

V

30

21% Jan.
48% Jan.
6% Jan.

24% Jan.
2% Jan.

4% Jan.
4% Jan.

26

5

Sept. 11
Apr.
4

9% Aug.

16% Jan.

'JF

77

75
22

%

4

9

Nov. 13

65

Jan.

23% Dec.
16
Aug.
2% June
66% Apr.
48% Aug.
2% Jan.
2% Jan.
14
Sept.
18
Apr.
10% July
15% June

19

%

Standard—
—

-

2%
4%
4%
%

Nat Repubhc Invest TrustCumul conv pref

see page

June

19

16

14%

Mickelberry's Food Prod com.l

27

Sept. 21
5
4,„ Oct. 25
5
25% Dec.
4
43% Jan.
14

16
10

Metrop Indust allot ctfs
Middle

Feb.

35

3

5% Jan.
13% Jan.

27

17%

36

7

9

3% Jan.
16
Jan.

"5%

8
38%

26

20

Sale

3%

7%.
36%

4

9% Jan.

24

9%
11%
15%
1%
25%

25

2

18

4% Jan.
11% Jan.

4%
10
12%
16%
1%
28

2

*

Liquid Carbonic common

7H
Sale
2%

8

19
22
26

4%
4%
11% Sale

Sale
2%
25
Sale
4%
4%
9%
10
12% Sale
16%
17
1% Sale
25%
27

10

Lion Oil Ref Co capital

3%
-----

5

Jan.

19

100

44%

27

5% Jan.

11% Jan.
14
Jan.
% Jan.

15%

102
Sale

12% Jan.
27% Jan.

7% Jan.

12%
14%
1

20

99

30
3

22

34

Sale
Sale
49H
8%

15

11% Jan.
24% Jan.

20

11%
13%
%

16

Sale

15
17
15

32%

17%

8%
98%
43%

12

13
30

16%

6

Jan.
Jan.
Jan.
Jan.

17% Jan.
7
Jan.
5% Jan.
8% Jan.
8% Jan.

4

4

3

10%
21%
11%
25

28

16%
19%
45%

26

25

3% Mar. 30
Jan.
4
July 21
25% Oct. 18
19% Jan. 17
5% Nov.
1
10% Nov. 4
13 % Nov. 30
38
30

30

20

Sale

8%

Jan.

U

54 %

28
27
12
22
1
11
11
17
3
8
10

Jan.
Jan.

Sale

—*

Common stock
-10
13,626
5,100 National Union Radio com. -.1
58,285 Noblitt-Sparks Ind Inc cap —5
28,500 North American Car com— .20
750 Northern Paper Mills corn"*
5,400 Northern 111 Finance cornII*
61,560 North west Bancorp com
Northwest Eng Co capital-6,750
loo
4,950 Nor West Util pr lien pref
100
7,185
7% preferred

For footnotes

3% Jan.
24
Jan.

pref 100

Lynch Corp common

Aug.
Apr.
Apr.
Apr.

39% Jan.

%
1%

Loudon Packing common

Apr.

14%
2%
17%
24%

13

%

Preferred

6

5

26

1%

com.

2

23

Sale

15% Jan.
9% Dec.
4
Apr.
5% Aug.
9% Sept.
30
Sept.

16% Jan.

Jan.

Kingsbury Brewing Co cap—1

preferred
Light & Chem

3

22% Jan.
37% Jan.

La Salle Ext Univ common—5

$3.50
Lindsay

15% Jan.

Oct. 19
Dec. 29

Jan.

13

23%
39%

3%

preferred—

12

3
22

2%

Cumulative

3
19

Jan.

12

9

37%

18%
4%

5

Le Roi Co common

25

3

Sale

10%

Kentucky Util jr cum pref. .50
6% preferred
100
Ken-Rad Tube & Lp com A--*

Lawbeck Corp 6% cum
Leath & Co common

Jan.

13% Jan.
35% Jan.

11

31

Sale

10

Joslyn Mfg & Supply Co com.5
Katz Drug Co common
-1
Kellogg Switchboard com
*
Preferred
100

Kerlyn Oil Co common A

12

Sale

12%
4%

1
*

New capital..

National
?

*

Iron Fireman Mfg Co v t c—*
Jarvis (W B) Co capital---—1

Corp capital—5
Midland United Co common--*
Convertible preferred A
*
Midland Util 6% pr lien—.100
7% prior lien
100
7% preferred A
100
6% preferred A
100
Miller & Hart Inc conv pref-.*
Minneapolis Brew Co com—1
Modine Mfg common
*
Monroe Chemical Co com
*
Preferred
*
710
630 Montgomery Ward & Co cl A_ *
Common
*
90.472
6,320 Mountain States Power preflOO
2,420 Muskegon Mot Spec class A— *

2,200
5,374
3,342
1,850

210

Goodyear Tire & Rub com—
Gossard Co (H W) commonGreat Lakes Dr & Dk com—

Jefferson Electric Co com

12% Sale
15%
17%

4

12

11%
36% Sale
11
10%
26% Sale

7,200 McCord Rad & Mfg "A".—*
1,640 McQuay-Norris Mfg com
*
1,050 McWilliam Dredge common. _*
39,550 Manhat-Dearborn Corp corn.*
1,170 Mapes Consol Mfg capital----*
*
259,545 Marshall Field & Co com
45.160 Mer & Mfrs Sec cl A com—-1
$2 cumul part pref
*
4,860
40

"3", 350

common..

$6 preferred

4

5% Jan.

39%

19%
Sale

22,714 Internat Harvester common._*
490 Interstate Power $7 pref--—*
3,440
19,900
68,940
4,650
4,300
27,760
6,530
1,010
10,670
2,520
5,700
14,850
18,670
9,050
1,790
14,230
1,270
3,950
37,569
13,700
2,190
4,140

23% Jan.

12

33

12,400 Indep Pneum Tool s t c new--*
—1
6,025 Indiana Steel Prod com
*
7,684 Inland Steel Co capital

150

1.450

Bros"inc

Sale
15%

v

19

5% Jan.
8% Jan.
11% Jan.
34% Jan.

3 %
24

Inc class A—

24,450 Illinois Brick Co capital----10
100
31.629 Illinois Central RR com
Preferred A_
100
30

130

3",720

Goldblatt

'll% Sale"

15

20

900

6

20% Jan.

13

5

Sale
84%

a

Razor pref—

60 Godchaux Sugar
Class B

20%

9

6

13

%

General Motors Corp com—10
General Outdoor Aav com—

20%

8

9

8

39%

-

Sale

30

11%
33%

Qlass A.

General Foods common—
Gen Household Util com

1% Dec. 29

35

13

9

*

18,200 Gardner Denver Co com (new) *
$3 cum conv pref
--20
750
6,321 General Amer Transp com---5
--5
2,200 General Candy Corp A
25,100 General Finance Corp com..-l

1% Sale
12

O
Diamond T Motor Car com-.2
Dixie-Vortex Co common——*

Dodge Mfg Corp common—*
Eddy Paper Co. (The)—— *
El Household Util Corp
5
Elgin Nat Watch Co
-15
Fairbanks Morse common—*
Fitz Simons & Connell Dredge
& Dock Co common
*
Four-Wheel Drive Auto—.10
Fox (Peter) Brewing com
5
Fuller Mfg Co common
1

2%

30

1,050 Deep Rock Oil conv pref. .—*
*
23,967 Deere & Co common

11
Nov. 15
37% Dec. 27
16% Nov. 27
6% June 19

Jan.

18

% Apr.

10

1

Apr. 10
% June 13
16% Apr. 11
2
Aug.
4

27

4

16

6

11
12

Jan.

31

Jan.

20

17
70

Jan.
Jan.

2
11

9%
6%
14%
40%

22% Jan.

11

11

Jan.

28

Dec. 26

1% Jan.

12

35

28

Sept. 11
5% Sept. 25
7% Dec. 29

2
Apr. 10
Jan. 26
Jan.
9
Apr. 10

20% Mar. 16
67
Aug.
3
26% Aug.
3

Jan.

Oct.

12% Jan.
11

Oct.

7
26

56

CHICAGO

AGGREGATE
SALES
In

Price

STOCKS

Jan. 3
1939

1939

Shares
Par
220 Nunn-Bush Shoe common—2 %
50 Okla Gas & El Co 7% pref-100

Shares
110

110

2.749 Omnibus Corp common
1,100 Ontario Mfg Go common

90

EXCHANGE
PRICES IN JANUARY

CHICAGO
STOCK EXCHANGE

12 Months

January

STOCK

6
*

Bid

".

12*

Ask

Ai

Jan. 31

Jan. 2
Bid

12

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

13%

12

Jan.

16

12% Jan.

18

13%

14%

13% Jan.

19

14% Jan.

5

12

13

12

Jan.

23

12

Jan.

23

31*

7
29

Jan.
Jan.

4

Jan.
Jan.

29
11

105

'}8*
10

11% Sept. 20 13%
May 17 112
12% Dec. 27 20
11% Nov. 27 14%

109

12%

15%

YEAR 1939

Lowest

Ask

Ask Bid
12
13%

RANGE FOR

12%

14%
14%

Jan.

4

June 27
Feb. 25

Oct

27

Oshkosh B'Gosh Inc—

140

690
650

30
200
150
60

150
250

1,985
1,357
290

700
400
120
r

1,857

1,120
150

550
150
250
140

1,000

750

2,925
300
220

400
290

-

\

'!

"T,606
50

1,020

"""70
400

2,705
100

2,272
400
400

1,428
250

4,000
9,750
1 ,503
512

1,400
1,300

2,024
1,991

""638
8,843
652

1,550
750
850
160
120

1,900
3,443
116

Convertible preferred
*
3,050 Parker Pen Co (The) com—10
17,850 Peabody Coal Co B com
-5
530
6% preferred
100
5,210 Penn Elec Switch conv A—-10
4,950 Penn Gas & Elec A com
*
39,134 Pennsylvania RR capital
50
16,180 Peoples Gas Lt & Coke cap. 100
3,290 Perfect Circle (The) Co
*
3,800 Pictorial Paper Pkg com
5
55,500 Pines Winterfront common—1
5,776 Poor & Co class B
*
6,500 Potter Co (The) common
1
46,375 Pressed Steel Oar common—1
50
5 % conv 2nd pref- —
50
1,600 Process Corp common
--*
11,500 Quaker Oats Co common
*
3,856
Preferred
100
3,100 Rath Packing common
10
6.750 Raytheon Mfg Co com
50c
3,600
6% preferred.— _5
2,550 Reliance Mfg Co common—10
Rollins Hosiery Mills—
2 % Sale
75,190
Common
-1
19%
220 Ross Gear & Tool common—*
21%
11,050 Sangamo Elec Co com (new)-* 24% Sale
9% Sale
18,390 Schwitzer Cummins capital—1
73% Sale
51,906 Sears, Roebuck & Co capital-_ *
2% Sale
8,820 Serrick Corp class B common-1
25
28
2,320 Signode Steel Strap Co pf— -30
15
15%
6,000
Common
-*
3,010 Sivyer Steel Castings com
*
19
Sale
21,050 South Bend Lathe Wks cap--5
1%
4
380 Sou Colo Power A common._25
105
1,820 Southw G & E Co 7 % pref- -100 L03
460 Southwestern Lt & Pow pfd__*
78%
90
15% Sale
28,508 Spiegel Inc common
__2
396 St Joseph Lead capital
10
940 St Louis Nat Stockyards cap..* "58"" "80""
11
12
13,100 Standard Dredge (new) pref_20
1%
2
31,850
Common (new)1
3%
3%
1,979 Standard Gas & Elec com*
28% Sale
48,904 Stand Oil of Ind capital
25
10
12%
2,560 Stein & Co (A) common
*
2%
3%
4,500 Sterling Brewers Inc common_l
12% Sale
34,330 Stewart-Warner Corp com--.5
5
6
3,050 Storkline Furniture com
10
8% Sale
31,340 Sunstrand Mach Tool com
5
18% Sale
97,236 Swift & Co capital stock
25
27% Sale
36,587 Swift Internacional capital--15
Texas Corp capital
25
3% Sale
11,401 Thompson (J R) common
25
15
Sale
13,950 Trane Co (The) common
2
90% Sale
26,300 Union Carbide & Carbon cap.*
12% Sale
25,282 United Air L Transp capital--5
200 United Gas Corp common
1
7,594 U S Gypsum Co common-—-20 110% Sale
30,736 United States Steel common.-*
1,523
7% cumul preferred----.100
2% Sale
52,800 Utah Radio Products com____l
17,400 Utility & Ind Corp common--5
26,250
Convertible preferred
7
20
480 Viking Pump Co common
*

iH

220
Preferred
20,530 Wahl Co common
46,373 Walgreen Co common2,197 Wayne Pump Co capital

39

*

*
*
_1
Western Union Teleg com.-100
West'house El & Mfg com
50
Wieboidt Stores Inc com
*
Cum prior preferred
*
Williams Oil-O-Matic com
*

24,034

312

11,405

550

4,450

110

420

100

4,850

7,400
1,850

53,400

%

18% Sale
32% Sale
23% Sale
118

119
Sale

80

2%

90
3

29

11%

41* 40*

15%
1%
2%
23% Sale
38

27

14
42
119
145

45%

14K

%
12

M

Sale8
45
1
Sale

"48"

&*
Sale

15
3
Sale

1%

9

.1%
27

10

85% Sale
1%
1%
28

29

17
15%
14% Sale

23

Sale

1%

m
%
10%

10% Sale
41

12

12

Jan.

11
3

Jan.

24

15
16

27

Jan.

20
8

5

%
11

38
28

11*

4*
16

3

8

24

12% Jan.

4

11% Jan.

23

14% Jan.

2

151% Jan.

52%
1

11%

13

1%

1%
26%
9%
83%

A*

30
17
14

22%
1%
97
9%

48

Jan.
Jan.

% Jan.
% Jan.
11% Jan.
1% Jan.

3 123
5 il53
6
55%
22
1
11
%
12
12

4

2%
1%
26%
12%
1%
7%
7%

Jan.

18

Jan.

12
17

Jan.
Jan.

11

Jan.
Jan.

25
30

Dec.
May

Sept. 27

5

Sept. 16
16% Sept. 27

.

Oct.

Nov.
125
157

10

1% Jan.

3

1
18

15

5

9% Jan.
81% Jan.
1% Jan.

10

Jan.

4

13

87

Jan.

4

Ay

Jan.

6

2

Jan.

27
29
18

c

Sale
18

28

Jan.

16% Jan.

15

14

23

22% Jan.

Jan.

6
20
5
4
11

30
17
15

Jan.

Jan.

23% Jan.

,

3

Sept.

Sale

108% Jan"
97

Sale

39
80
13

Jan.

9% Jan.

15
5
31

Jan.
Jan.
Jan.
Jan.

8
24

12

Jan.

1%
7%
6%
15%

Jan.
Jan.
Jan.
Jan.

31
29

22

Jan.

2

Sale

30% Jan.
42% Jan.

31

2%
Sale
15
2
Sale

Jan.

3

Jan.

24

Jan.

99
11

"77~" Jan" "16 "77%
11%
1%
1%
25%

Sale

ilo"

4

Jan.

19

12% Jan.

22

2% Jan.
2% Jan.

15

27% Jan.

27
30
19
3

3
15

14

22

Jan.
1% Jan.
8% Jan.
Jan.
17% Jan.

23
4

Aug. 2
Sept. 20

85% Nov.

8

Apr.

Jan.
Oct.
19% Oct.

8
16

May
Apr.

EM
24

22

3
32

Mar.

,

2

July
102%-Sept.

Dec.
Aug.
May
Dec.

23%
10%
1 %
6%
5%

4

Sept. 11
Oct.

30

Aug.

Dec. 30

13% Feb.

Sept.

2

76

Apr.

1

4

26
26

2
110% Nov. 27
95% Aug. 15
16% Mar. 7
ts>* Sept. 5

88
Apr.
8% Aug.
32% Apr.
65
May
9

6

19% Jan. 26
8
32 % Mar.
Oct. 20
12

Mar.

1

a

20
Dec. 29
Jan. 12

2% Jan.

7
Aug.
60% Apr.
1
July

Sale

Jan.

14

22% Apr.

Sale

!S*

Jan.

1

July 31

47

8% May

Jan.

16

16% Sept. 27
23% June 15

% July

26

Oct. 17
Mar. 14
Feb. 24

Oct. 25
Mar. 9
June 16

Apr.

Apr.
3% Feb.
% Apr
7%. Aug.
% June
6% Aug.
23% June
% Aug.
108% Apr.
138% Oct.
27
Apr.
% Apr.

Sale

Sale

12

Sept. 21
9
15% Jan.
Sept. 13

11% Apr.
% Apr.

Sept.

8

118

31

27% Jan.
Feb.

4

1
Sale

Nov. 16

12%
1%
15%
30%

17
3

Jan;

4% Jan.
% Jan.
12

June

6

30

12
11

Jan.
5% Jan.
% Jan.

154

%
120
150
46

77

"12%

1% Sale
1%
2%
26% Sale
12
13
2%
Sale
8:

Jan.
Jan.

40
15
2

38

42

75%

22

%

11%
34

109

l(klH
95

25

Jan.
40
Jan.
15
Jan.
2% Jan.
Jan.

21% Jan.
35% Jan.

%

25%

12% Jan.

22

Sale

%
13%

11
5

29

Jan.

% Jan.

12

SUle

21%
35%

28%

4%

12*

2
Nov. 22

1

Aug. 14
Sept. 13
13% Nov. 3
2% Mar. 13
5
12% Jan.

15%

7

15%

22

Sale

32

Sale

16

4

4%

14% Sale
Sale

16j|
83

117%

*8

Sale

86
Sale
Sale

Sale

%
1%

32

8%
17

42% Sale
4%
4%
14%
13%
80% Sale
15% Sale

HP*
117

1%

19

Sale

1%
19%

40

Sale

Sale
Sale

4

IV*

6

14% Jan.
80% Jan.
14% Jan.

15

83
56

118

115%
1%
1%
Sale
%
1%
1%

90

1%

19

39%
1%
20%
24
22%
Sale
22%
Sale
106%
7
6%
91%
1% "I %
1%
Sale

22
20% Sale
22
21%
26% Sale
116
117% 108 %
6% Sale

16

Jan.

39

1%

9

Sale

2

23% Jan.
32% Jan.
44% Jan.

4% Jan.
14% Jan.
88

15

Jan.
16% Jan.

Jan.

15

87

Jan.

22

68

Jan.

Jan.

23 118% Jan.
12
1% Jan.

Jan.

30

Jan.

5

Jan.

2

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

12

.

18
20
40

Jan.

Jan.
Jan.

Jan.

24

11
4
23

3

25
3
4

5
12

5
24

Jan.

2

29

22

Jan.

17
24% Jan.
15
28% Jan.
23 117% Jan.
25
7% Jan.
13
91% Jan.
9
1% Jan.

7% Nov. 13
17% Oct. 26
Sept. 5
37% Sept. 5

7J

Sept.
Apr.
Apr.
Apr.

4% Nov. 2
16% Oct. 25
93% Sept. 13
Dec. 30

Dec.

7
17

17
30
3

1% Jan.

10
15

Jan.

17
.

Sept.
Jan.
Apr.
Apr.
24% July

1

6

1

-

1,404

24
12

8
31

13%

5%

-

"1450

1,500

—*

Common

8
8
3
4

10
13
9

11
66

25

18.

66% Sept
63% Nov.
115% Nov.
1% Apr.
h Sept.
1 % Apr.

5

18
119% Oct. 28
2% June 15
Feb.
6
6
Feb. 21

J

Apr.
Feb.
Apr.
Sept.
Apr.
Apr
6
July
80% Jan.
1% Aug.

Feb.

32%

15% Jan
38%
%
15%
21%
16%
83%

Dec. 22

'fan*

W Oct.

Jan.

40% Oct. 18
2% Nov. 1
23% July
6
3

36% Sept. 21
Sept. 12

120

.

10

Mar. 11

6
91% Dec.
2% Jan. 11

Wisconsin Bankshares—

674
700

1,910
*

12,300
9,096
#4,550
152,959

No par value.




Common
._*
Woodall Indust common
2
Wrigley (Wm Jr) Co capital--*
Yates-Amer Mach capital
5
Zenith Radio Corp common--*
x

"1% ""1%

4%
3%
84%
2%

20 %

16

4% Sale
5%
5%

Sale

5
4
88
2%
16%

5%
4%
85%

5%
4%
87%

5

Jan.

4

29

31

3

Sale

4
Jan.
84% Jan.
2% Jan.

15

Sale

15

Jan.

3
8

5%
4%
89%
3%
16%

Ex-dividend.

1

Jan.
Jan.
Jan.
Jan.
Jan.

5
6
5

19
3

3% Apr.
3
Apr.
74% Apr.
1% July
12
Apr.

18
11
11
3
11

5% Jan.
5% Jan.
85% July

19
18
18

2% Sept. 13
22% Jan.
4

Baltimore Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON BALTIMORE STOCK EXCHANGE
Stock Sales

1940

January

Shares

1939

Bond Sales

1939

594,502

$324,600

$380,850

1938

563,150

Jan. 1 to Dec. 31

1939

1940

January,

63,908

55,599

-

1939

Jan. 1 to Dec. 31

-

1938

-

1,594,700

2,619,350

AQOREOATE
SALES
In

BALTIMORE
STOCK EXCHANGE

PRICES IN JANUARY

BONDS

$

BALTIMORE CITY BONDS-

1945
..1955
1957
1957
1958
1961
1961
1975
1975
1975

100 City 4s Harbor serial
100 City 4s School House

1,800 City 4s water serial
1,300 City 4s Dock Impt
100 City 4s School House

1,816,000 Bait
536,750
72,500
17,000
128,000
2,000
2,000
12,000
3,000
1,000
1,000
5,000
3,000
2,000
11,000
2,000

~2",666

Shares

Transit Co 4s flat

A 5s flat
B 5s

Finance Co of Amer 4%--1942
4%
1947
Ga Caro & Nor ext 1st 6s_.1934

Georgia

Marble Co

Ga Sou & Fla Ry 5%

6%-.1950
1945
..1945

Interstate Bond Co 5%

5%
5%._
5%
5%

I'M
720
576
154
134

405

Jan. 31

Ask Bid

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

Sale Prices

108*4 Jan.
120
121

2,010

118

20

Sale

27

22 34

Sale

31*4

Sale

32*4

29*4
35
94

82*4

10034 101
96*4
97

Sale
36
.....

26*4 Jan.
31
92

30
36

Jan.

25

Jan.

25

95*4 Jan.

27

12 103*4 Jan.

12

4

Jan.

15

Jan.

4

103*4 Jan.

55

22

3,450
4,379

3,879
6,025
13,950
270

6

100

100

Sept.30 100
Jan. 31 101*4
28 101*4
Apr. 14 101
Apr. 15 102 *4
May 10 12

Sept. 30
Feb.
2
Feb.
7

100
102
12

20

10,303
447
♦

No

*

50

20%

Sale

20*4

31

Sale

22

35c

Sale

40c

21

2034

Sale

2034 Jan.

45c

Sale

40c

31

21*4 Jan.

16

19*4 Apr. 14
17
Apr. 10
15*4 Apr. 10

25

25c

comloO

6% preferred

1.50 Sale

21%

1.55

Sale
Sale

1.65 Sale

Jan.

2

1.50 Jan.

5

55c

Jan.
1.85 Jan.

26

value.

Preferred

119

Sale"

79*4

Sale

78*4 Jan.

22

83

Jan.

6

8 11834 Jan.

29

Sale

"5% ""534
12*4

82*4

11734

115*4

80*4

14*4
Sale

32

35

10*4

11*4

10*4 Sale
3034 Sale
123

30*4
9*4

125

32*4

116

934

10

28

30

127

130

31*4

32*4

10

Jan.

934 Jan.
30
126

Jan.
Jan.

30*4 Jan.
9*4 Jan.

27

11*4 Jan.

3

31

Jan.

5 130

Jan.

3
8

9

5
6

32*4 Jan.
934 Jan.

26

30

;




19

1934

Oct.

24

98

Oct.

71

Jan.

4

84

Aug.

Mar. 22

17

Sale

17

17*4

17

Jan.

2

17*4 Jan.

3

112*4 Mar. 22 117
Sept. 14 121%
5 % Apr.
6
10
4
17
Apr.
4
32
12% Apr. 11
112
Apr.
8 130
29% Apr. 19 35
8*4 July 27
103*
9*4 July 20 10
June

Sept. 27
Aug. 11

40c

Jan.

4

3oc

Sale

48c

55c

33c

Jan.

4

60c
55c

1.25

50

260

15*4
16
25*4 Sale

1334
27*4

Sale

28*4

35

39

2

11*4

1

1.15

50
1

82*4

43*4
13*4 Sale

-----

12
Sale

1.40

1.50

14*4
2834
2*4
45*4
44*4
15

1.35

8634

89
45c

25c

67*4

68

72

48
Sale
1.50
31c

Sale

Jan.

1334 Jan.
28

2

Jan.

4

11

Jan.

11

16*4 Jan.
2834 Jan.
2*4 Jan.

18
11
11
26

19*4

Sale"
Sale

22*4 Sale
33*4 Sale

3

Oct.

19

July

21

Sept. 27

Jan.

9

28

1.00 Jan.

4

3.00 Sept. 27
Dec.
53
9

July

12

Jan.

9

35

44*4 Jan.
15*4 Jan.

44 %

1.45 Jan.

8
26
11

42

19

88*4 Jan.

8

83

1434 July 31
1.55 Sept.
9
88*4 Mar. 10

Jan.

4

Jan.

5

Jan.

5
11

*22*4 JanT"l5
33% Jan.

11

Jan.

48

40c

Jan.

72*4 Jan.

♦

31

25

Jan.

8
4

70

Jan.

Nov. 29
1.40
27 % Jan. 24
35%
2
34 Feb. 17
224
Jan.
4 263
12
Aug. 17 21

4

30c

89

May 25 100
May 25
Feb. 27
Mar. 23
65c
Dec. 12
6
8*4 Jan.
Mar. 10
Mar. 15
30c
Dec.
2
1.40 Jan.
3

25c

2

89

23 *4

Jan.

Jan"

3434 Jan.

June 23

% Apr. 10
10*4 Apr.
8
1.00 Feb. 24

3

15c

9

Sept. 21
Sept. 21

67

•

13*4
17
35*4
40
23*4 Sale
34*4
35

3
Sept. 27
2.00 Jan. 25
Mar. 30
8

25c

15 259*4 Jan.

Jan.
Jan.
Jan.
Jan.
1.35 Jan.

134
45*4
44*4
12*4
88

8834

35c

83*4

*

15*4
29
3

258

6

Nov. 14

6

9

1.50

19

18

Nov.

Jan.

"3534 Sale"

Mar.

June

5c

Sale

Jan.

Apr.

20
27
27
31

30

4

50c

Sept.
Sept.
Sept.
July

22

20

100

48c

3
12

June 26

16*4 Apr. 15
Apr. 14

20

101

35c

8

Jan.

19
24

50

10c

100

2

Jan.

21

1

20

1.40 Sale

19

zlll

101

1

30

2.10 Jan.

3*4 Apr. 28
24*4 Sept. 20

17

3

*

1

11

17

42 % Dec.

25
1

June 21

24 % Mar. 10
3
31% Jan.
15% Apr. 10
70c
July 28

Apr.
Apr.

6

*

common

Ex-dividend.

28

1.20 Apr.

ly>
8*

18
70

100

1st preferred
2d preferred

x

Feb.

Mar. 3
May 10

i

22

100

564 Phillips Packing Co 5% % Pf 100
12 Real Estate Trust Co
100
532 Seaboard Comm'l com
10
384
5% preferred
50
126,199 U S Fidelity & Guar
2
1,239 Western National Bank
20
par

Feb.

par

5

Preferred

6

19

Mar. 15

100

48,198 New Amsterdam Casualty
46,404 North Amer Oil Co com
894 Northern Central Ry
12,745 Owings Mills Distillery
3,068 Penna Water & Power com

.

Oct.

Mar. 15 101

100

460 National Marine Bank

25

June 21

1 101*4 Dec.

101

101

*
3,638 Monon W Penn PS 7% pref.25
3,545 MtVern-Woodb Millscom.lOO
Preferred
100
4,574

5

29

100

194i

23 Mercantile Trust Co
7,255 Merch & Miners Transp

396

9

Dec.

Mar. 20

100

101

79,363 Mar Tex Oil
Common class A
16,453
2,344 Martin (Glenn L) Co com
132 Maryland & Pa RR com

71
451
372
348

Feb.

12

100*4 May

100

Class B

134 Mfrs Finance
252

Jan.

100

100

STOCKS

28

100

99 34

100

Read Drug & Chem 5*4s__1945

13

Jan. 17
15 *4 Mar. 20
80
June 21
45
Mar. 28

100

South Bound Ry 1st 5s

Oct.

121

96

100

1950

July
July

28

121

118

128 *4 July 28
12134 Mar.
124 H July 28 124 h July 28
8
Nov.
19*1 Apr. 10 31
8
22*4 Apr. 12 35*4 Nov.
Dec. 21
83*4 May
9

101
103 *4

103*4

27 108*4 Jan. 27
120
July 28

Oct.

9934
99 34
101*4

36,192 Houston Oil preferred
25
59 Humphryes Mfg Co common 10
21

July
July
July

121

12 Georgia Sou & Fla 1st pref_100
6
2nd preferred
100
190 Guilford Realty Co com
__1
70

1939

Lowest

Ask

"99 34"

15,990 Bait Transit Co com vtc
*
1st preferred vtc
26,905
*
762 Benesch & Sons Co Inc com__*
*
2,022 Black & Decker common
505 Brager Eisenberg Inc com
1
1 Comm'l Credit 4% % pref__100
8,662 Consol Gas E L & Power
*
4,879
5% preferred
100
2,236
4*4% pref B
100
5,339 Davison Chemical Co com
1
35,217 Eastern Sugar Assoccom v.t.c.l
Preferred v.t.c._
13,921
1
5,274 Fidelity & Deposit
20
3,396 Fidelity & Guar Fire Corp
10
5
3,249 Finance Co of Am class A

""163

Bid

1947
1948

30 Atlantic Coast Line RR

504

Ask

-.1949

37,189 Arundel Corp
2,018 Atlantic Coast L (Conn)

1,164
2,042

Bid

1946

5%

Shares

2,263

Jan. 2

1939

400 Oity 3 %s Four MiRion
100 City 4s Public Park

321.000
49,850
8,000

YEAR

Jan. 3

1939

January

RANGE FOR

Price

Months

12

11

19
12

35c

Dec. 14
84 %
113*4 Sept.12 113%
67 % Mar. 23 100
64 % Aug. 23
65
13 34
12% Sept. 20
34*4 Oct. 24 39*4
16 % Apr.
8
23%

31

Jan.

3

35

Sept. 29

Dec.

28

Mar. 10

Sept.12
June 24

July

20

Jan.

30

Mar.

7
10

Dec.

20

July

Boston Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON BOSTON STOCK
1939

357,272

515,234

Shares.

January

1939

.

In

12

1,900

"2",650

Months

1,340
870

80

10,485
212

130

215
725

2,785
3,580
1,567
1,096
249
61

STOCKS

41,670
15,878
I,790
6,544

20

458
84

207

523

3.177

46

447

95

3,452

100

457

810
203
150

517

1,301
37
635

1,567
834

307
77
410

258

4.380
5

2,777
110
5
222

1.381
221

70
910

"""SO
510
20

757
200

996

1,958
2,929

135

2,725

100

Preferred
Prior

preferred

Class A 1st pref stpd
1st preferred^ class A
Class B

1st pref stpd

1st

preferred class B
Class C 1st pref stpd
1st pref class C
Class D 1st pref stpd
100
Class D 1st preferred
100
Boston Personal Prop Trust- *
.

Preferred

Adjustment

560 Economy

Grocery Stores
18,646 Employers' Group Assoc
1,216 General Capital Corp
Georgian Inc (The)—
8% cum class A pref
2,329
3,221 Gilchrist Co
14,015 Gillette Safety Razor Co
1,274 Hathaway Bakeries class A
Preferred

15
646
45
232

319

4,704
482

260
50

2,113
2,447
100

"2",556
200
320

4,343
547

1,437
41

863
204
5

100
*

Bid

Ask

common

6% pref

149%
IX
24%

Pacific

75

80

82%
52%
18

2%
%
6%
2%
1%
2%
1%

20
*

*
*

25

80

98% Jan.

24

80

Jan.

30

92% Jan.

16

95

93% Jan.

16

•

Jan.

92

Jan.

102

Sale

30 102

—-

Sale

.....

Sale

Sale

25c"

25c

*
*

*

40c

70c

30
92

Sale

171

llV*
78

Sale

145%
44%
18%

Sale

1

98

10%
83%
148%
46%
19%

Sale

2%
%
9%
2

Sale
Sale

Sale

5%
75c
Sale

17

Dec.

15

2

Jan.

Jan.

9

15

Jan.

15 172% Jan.

Apr.

Dec. 30

Jan.

16

Dec. 21

Mar. 10

Jan.

15
2

84%

78

Jan.

2

Sale

144% Jan.
44% Jan.
18% Jan.
19%

15

Sale

2

Jan.
Jan.
Jan.

2

17

4

2%

2

2

1

Sale

8% Sale

7% Jan.

29

Sale

2

2%

2

Jan.

2

3

2

Jan.

20

2%
2%
3
4

2%
1%
12%

13

18

19

3

1%
7%
27%
%

6%
25%
%

5

4%
7c

20c
Sale

1

5%
25%

7c
3

29

20
8

15

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

July

7

1

Jan.

Feb.

27

Jan.
Jan.
Jan.
Jan.

Jan.

26

Jan.

16

10%
2%
2%
2%

Jan.

2

2% Jan.
2% Jan.
Jan.

3

3

5

2% Jan.
Jan.

17

14

17

19% Jan.
1% Jan.
7% Jan.

4

19

%
4% Jan.

"4%

25

5
5c

Jan.

23

2% Jan.

22

42

Jan.

15

19

5c

20c

3%

Jan.
Jan.

3% Jan.
48% Jan.
21% Jan.

24

Sale

2%
43%

12%

Sale

20

21

19

1.00
61

65c

95c

Jan.
Jan.

30

99c

58

62

60

Jan.

12

63

16%
3%

15%

17

15% Jan.

29

Jan.

29

17% Jan.
2% Jan.
4% Jan.

1%

1

1%
68%

67

20%
3%
5%

Sale
4

Sale

32%
1%
5%
1%
20%

58

15%
2%
3%

2%

15%
23%
30%

2

3

36

43

Sale

2

4c

22%
3%

Sale
3%

15

4%
3c

"IX "2%
14%

13

106%

Sale

3$
125

18% Jan.
21% Jan.
29% Jan.

17

24

Jan.
Jan.

24

5

1%
38
Sale

34%
127%

%
1

Sale

55

1%
60c
20c

14%
24%

1%
10%
17
80c
40

25

64c

Sale
1

24c

Sale
Sale
3%
17%
2
Sale
Sale
1

11*
60c
38

47%
26

30%
7c

Sale

1.00

30

Sept.25

18
24

Oct.
Jan.

IS

3

Mar. 10

31% Jan.

31

60c
25c

6

12% Jan.

Apr. 27
Apr. 14

17t

Jan.

16
13

Jan.

10

2% Jan.

4

Jan.

18

15

Jan.

4

Jan.

2

Jan.

25

Jan.

Jan.

11

23% Jan.
2% Jan.

Apr.

8

Jan.

3

14% Jan.
8

15% Jan.
5% Jan.

4

1%
Jan.

34

Sale

124% Jan.

Sale

% Jan.

55c**

50c
61

•

13% Sale
21% Sale
1%
1%
8%
9%
1%
10%
10%
10% Sale
80c

10c

30% Sale

Sale

81% Sale

Sale

44

70c

Sale

"22

2%
70

Sale
4

47c
2

80

6%
1%
25%

55c

2%
90
7

1%

24

"26"

28

84%
43%

1%
67%
6 %
3%

19c

Jan.
Jan.
Jan.
Jan.
Jan.

50c
2

84%
6%
1%
26

3

Dec. 29
Dec. 19

Jan.

July

28

Dec. 27
June 15

Jan.
Feb.

31
17

Sept. 6
July 21
Sept. 27

it5*
9

25% Oct. 26
July 22
lie
May
5
3
22% Jan.
5% June 12

Sale

54c

7

.1%

6

5c

Mar. 20

9

2

Jan.

% Jan.

Dec.

64c

Jan.

July

61

Jan.

Jan.

30

26

30c

Jan.

Dec.

18

3

11c

Jan.

Dec. 22

8Gc

30

22c

Jan.

40c

23

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

Feb. 27
Mar. 31
Sept.
1
June 28
Dec. 18

Jan.

5

20

24

Jan.

22

57c

15
24
2
4

31

Jan.
Jan.

Jan.

Apr.
July
May

4

July
Apr.
Apr.
Apr.
Aug.

27

25

Feb.

14

14
8
14

Nov.

62

1% Jan.
Jan.

Apr.
21% Sept.
27% Sept.
4% Sept.
Dec.

19

iiH

Jan.

4

Jan.

6

Dec. 28

12c

4

26% Jan.

Feb.

16

84% Jan.

Apr. 14

12

44

Jan.

47c

Jan.

24

50c

Jan.

13
Dec. 30

87

Jan.

18

90

Jan.

29% Oct.
87% July
48% July
85c
May
2% Dec.
85
Sept.

6% Jan.
1% Jan.
26% Jan

5

Oct.

Jan.

13
16

7% Jan.
1% Jan.
26% Jan

17

Jan.

12

Apr. 11
Dec.

12

Mar. 18

8

11

17% Jan.
86c

25% Jan.
79% Jan.
42% Jan.

16

3

45% Jan. 12
32
Sept.12

15
8

5c

3

17
14
22
27
6

Sept. 11

Jan.
Jan.

29

13

17

2%
90

4

26

15%
24%
1%
9%
1%
11%
12%

57c

Jan.

40% Nov. 15
10 128% Nov. 28
Nov.
2
3
7
Oct. 17
24 75
28
2
Sept.27
J an.
1
3
10

38% Jan.
15
3 128% Jan.

Jan.
Jan.
Jan.
Jan.
Jan.
10% Jan.
10% Jan.

13%
21%
1%
8%
1 %

5c

7c

24%

27

Apr.
Aug.

4% Jan.

Sale

24

Aug. 22

Jan.

6% Jan.

2%

Sale
43

8

4% May 25
7% Mar. 6

Mar. 15

15%

85%
42%

23

4

Mar.

10

44
Sale

7

Mar.

26

Jan.

70

56c

Mar.

77

Feb.
3
Dec. 21

30c

11c

Sale

11

9

27c

25c

Sale

6

Oct.

Aug. 24

slH

30c

2%
9%

July

7

19

25c

1%
9%
1%

June 15

8

Mar.

14

12c

28c

5% Sept.12
48% Dec. 12
25
Sept.13

25

52c

23c

35c

17

Jan.

11c

28c

Dec. 26

Apr.

Jan.

27c

Sale

6
16

8% Sept.

Jan.

25c
Sale

6
8

75

36% Jan.

Sale"

14%

Oct.
Dec.

31

May 12
Apr. 10

9

10c
22c

Oct.

50c

16

9

26c

23%

2

10% Sept.
24
Aug.

Jan.
Jan.

63

Sale

59

Nov. 14

24

Dec. 26

Aug. 24
May 24

23

80

80

Sale
Sale

15

Apr.
Apr.

8

55

5% Sept. 27
3% Sept. 14
July 25

16

Jan.

10c

"i%

3% Sept.27

Jan.

2% Jan.
36

22

10c

June 27

May
8
May 11
May
8

Mar. 22

Sale

Sale

4
Sept.27
3% Mar. 10
3% Sept.27

Nov. 16
Apr. 10

12

2%

May 27

1% Jan.

14

4c

3% Sept. 27

6% Jan.

18
8

15

6
26
18

5
11

5

12% Jan.
1% Jan.

2%

Oct.

June 26

July
Jan.

5

17%
1%

17

Mar.

2

Jan.

24

20c

15c

3

Nov. 22

4

3

12%
1%

23%

Mar.

15% Oct.

20

10c

25

Sept.27
Aug.
8

Sept. 27
4% Sept. 30

Jan.

6

31c

2~

Nov. 13

3

17

1% Jan.
4% Jan.

1

4%
6% Sale
3%
4%
41
36%

16
7

26

Nov. 20

Jan.
4

65c

"

Jan.

Oct.

4

18% Jan.

30

20c

10c

15

5

75c

27c

6

3% Jan.

29%
1%

Sale

2%
4

18

6%

12%
1%
14%
6%
21%
2%

2

3%

Sale

5

22 1.00

2

15

1

50c

1.00

23

6

35c

20%

18

4%

3%
25%

44%

Sale

Sale

6%

15%

5%

23

21

20

13

4

2

Sale

8

Sale

Mar.

10 171%
1%
32%
Aug. 24
93%
Apr. 17
12
Sept.12
May 17 91
Jan.
9 159%
Apr. 11
56%
20%
Apr.
6

11%
84%
149%
46%
19%
2%
2%

8

.

70*
4%

1% Jan.
1% Jan.
2
Jan.
2% Jan.
2% Jan.
2% Jan.
12% Jan.
16% Jan.
1
Jan.
6% Jan.

17

% Jan.
32% Jan.
98
Jan

May 25

Jan.

6%

3

Jan.

Jan.

29

Sale

Feb.

60c

Jan.

2

Jan.

1

17
3

June 14

15

2

19

July
July

60c

15

JA

1

Feb.. 17 103
9 102

Jan.

20

2%

1%
1%

96

20

3

1%

Aug. 11
June 19
June 17

94

Jan.

10% Jan.

92

2

2%
2%

32

Jan.

.Tan.

11

Sale

'

1%
.....

5%

50c

91

Aug. 11
Apr. 12
Apr.
8

100% May 11 101

lk

17

15

10

669 Warren (S D) & Co common..*




Highest
Sale Prices

1%
1%
1%
14
13%
167%
Sale
171% Sale
Me
28%
31%
31% Sale

1%
15

Sale

.

1

*
100
lOo

50c

35c

22%
1%
8%

*

rrEx dividend

Sale
Sale

24

*
3,121 Suburban Elec Secur com
2d preferred
143
__*
*
33,434 Torrington Co (The).
2,180 Union Cop Land & Min Co. .25
5
4,954 Union Twist Drill
25
56,703 United Shoe Mach Corp
6% cum preferred.
.25
6,770
1
84,593 Utah Metal & Tunnel
1
1,639 Venezuela Holding Corp
422 Vermont & Mass Ry Co
100
._*
16,187 Waldorf System Inc

No par value.

Lowest
Sale Prices

103%

Sale

3

Bros

102

12

1%
2%

25

7,619 Warren

Sale

Sale

2

Quincy Mining Co
Co

1

17
Sale

__*

Reece Button Hole Mach

Highest
Sale Prices

100

2
2%
2% Sale
2%
2%
1%
2%
1%
2%
2%
3%
3
1%
14
14%

50

Reece Folding Mach

53
Sale

50c

Pennsylvania RR

30,043 Shawmut Assn...
52,839 Stone & Webster Inc

Sale
Sale

130

14

100

Mills

Sale
Sale
25%

18

100
II,799 N Y N H & Hartford.
-.2.50
207,220 North Butte Mining
85 Northern RR (N H)
100
100
10,198 Old Colony
Certificates of deposit
3,444
i.25
10,739 Old Dominion Co

9,302
61,375
14,579
4.178
3,633

IX
12

22

National Tunnel & Mines._._*

pref
New England Tel & Tel

60c

1%

*
_*
*

15
12,178 Isle Royale Copper
927 Loew's Theatres (Boston)
25
100
7,138 Maine Central
Preferred 5%
100
2,995
1
16,623 Mass Util Associates v t c
820 Mayflower Old Col Cop Co. .25
_*
9,143 Mergenthaler Linotype
51,691 Narragansett Rac'g Assn Inc.l

N E Gas & El Assn

Ask

94% Sale
98%
99

96

10

25c

common

94

96

32c

30c

National Ser Co

92

102%

*

p.

Ask Bid

Bid

93

82%
88%
88%

tr ctfs
1
255 Int'l Button Hole Mach Co._10

1,260
2,698
2,458
23,721

1939

Lowest

32

Sale

84

*

*

1,343
Class B
1,971
5,583 Helvetia Oil Co

37 New River Co

11,083

100

B

30,018 Eastern SS Lines, Inc
Preferred
463

815
382

10G
100
100
100
100
100
100

12,667
100
2,786 Boston & Providence
3,615 Brown & Durrel Co common.*
5
15,798 Calumet & Hecla
1
455 Century Shares Trust.
25
150 Cliff Mining Co
12 Conn & Pass Riv RR Co pref 100
*
35,229 Copper Range Co
10
2,187 East Boston Co.
9,490 Eastern Gas & Fuel Assn com.*
4% % cum prior pref
100
23,706
6% cum preferred
100
13,426
100
7,475 East Mass St Ry Co
First preferred
100
4,612
6,402
14,152

YEAR

Sale Prices

Jan. 31

Jan. 2

par

100
37,329 Boston Edison Go
100
17,465 Boston Elevated
14,358 Boston Herald Traveler Corp.*
776 Boston & Maine pref stpd__100
Common (stamped)
100
1,713

2,661
620

'

6,733 American Pneumatic Service. _*
6% non-cum preferred
50
7,856
First preferred
50
1,441
127,723 American Telep &Teleg__.100
1
5,905 Assoc Gas & El Go class A
1,242 Bigelow-Sanford Carpet com.*
849
6% cum pref
100
*
3,267 Bird & Son, Inc
100
26,052 Boston & Albany

20

♦

1939

$
1,000 Boston & Maine RR 4%s_1944
358,000 East Mass St RR ser A 4%s *48
Series B 5s—
1948
142,850
23,000
Series D 6s_
1948
31,650
Series E 6s
1..1948
9,000

9

RANGE FOR

Price

BONDS

1939

Shares

Shares

220,300

Jan. 3

Par

%

39", 666

1938

567,500

IN JANUARY

PRICES

BOSTON
STOCK EXCHANGE

January

1939

$51,550

3939
Jan. 1 to Dec. 31

5,378,492

AGGREGATE
SALES

1940

$43,550

January

1938

5,356,219

Jan, 1 to Dec. 31.,

EXCHANGE

Bond Sales

1940

Stock SaUi—

Mar. 17

.

8

Oct.

4

25
28
3
18

28
21
16

3% Jan.
29% Nov. 25

1

Cleveland Stock

Exchange

MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON THE CLEVELAND STOCK EXCHANGE
1940

Stock Sales
,

January

—

_ _ - _

503,450

—

1939

1940

January.

3 938

1939

Jan. 1 to Dec. 31

Bond Sales

1939

41,792

37,964

Shares_

1938"

1939
Jan. 1 to Dec. 31

408,371

AGGREGATE

CLEVELAND
STOCK EXCHANGE

SALES

PRICES IN JANUARY

January

STOCKS

1939

Shares

1939

Shares

x

195

,.

150
25
122

1,411

Par

Bid

Air-Way El Appli 1st 7% pr 100
*
5
Apex Electric & Mfg
—*
Rrior preferred-;
270
100
10.811 Brewing Corp of America
3

8
6

1,531
2,319
2.375
2,179

Akron Brass Mrgcommon
Amer Coach & Body..

il*

29
30
225

465
8

1,151

"6",936
350
300
562
957
96

282
x

465

436
646
x

x

12
170
95
130
21

473
856
151

154
490
120

65
45

365
x

12

u /o

94
9

...

5*4

w*

■

8

13
95

87

50
Sale
85

59

"m

634

6

1254

......

786 Hanna (M A) $5 pref....
.*
1,840 Harbauer Company.......
*
....*
5.987 Interlake SS........

Jaeger Machine.............*
Kelly Island L & T
♦
Lamson-Sessions.
*
Leland Electric.............*
...........

280 McKay Machine
——...*
2,588 McKee (Arthur G) class B—.*
6,140 Medusa Portland Cement....*
*
2,774 Metropolitan Paving Brick
Preferred
..........100
63

209

1,284 Midland Steel Prod

448

Jk*

"13
97

97
18

94

1634
1 54
58
113

634
m
634
1034
8434

x

195
40

370

1,232
723

"""270
302
35

"""772
429
210
100

2,590
110

25
717

325
325
425

1,117

15

3

6334
115

1834 Sale

22
x

271
115
249
220

67

x

YEAR 1939

Weinberger Drug Stores.
W R I Corp 6% prior
White Motor

pref

*
_

100
1

Youngstown Sheet & Tube... *

534 %

cum

pref

ser

A

Lowest

f

9

13

634

Vi

5
112

1834

115

3134

11

634 Jan.

x

85
*6

26

23

88

Jan.

<634 Jan.

*112
20

10

Jan.

15 J1434 Jan.
15 <98

Jan.
Jan.

11

Jan.
Jan.

Jan.

*1634 Jan.
13
134 Jan.
19
6034 Jan.
5 <115

26
4

11
13

5

Jan.

5

27

1734 Jan.

13

1934 Jan.

1534 Jan.
1134 Jan.

31

30

Jan.
Jan.
Jan.
Jan.
Jan.

3
11
6
17
27

7

Jan.

116

11434 Jan.
3234 *2734 Jan.
50

1534
334
<2134 Sale

17

Jan.
Jan.

*2034 Jan.

1834
1234
734
24 11534
15 <3234
19

3

50

Jan.

3

6

1734 Jan.

6

19 *2334 Jan.

3

105

20

2434 *2234

39

17

Jan.
1734 *17
*2234 Jan.

Sale

15

<2034 Jan.

20 *2434 Jan.

20

25

Mar. 10

z554 Sept.
Apr.
z9
Apr.

6

10

90

*275H

zlOt

Jan.

4

z754 Feb.
July
May
June
Mar.
Nov.
Sept.

3 45
8 z1434
z79
Jan.
5 z9734
15
June 26 2034
234
154 June 28
43
May 18 7154
*10634 Sept.18 *115
153s Sept. 15 2334
12
Apr. 14 2234
13
Aug. 24 27
10
July 28 12
734 Dec. 29 13
114
Aug. 25 11834
z1534 Apr. 11 z303s
49
70
July
14
19
Apr.
4
234 Feb.
zl554 Apr.
95
zl3 j

Dec.

Fel>.

27
6
23
10
14
18
13
9

Jan. 31
Jan.
4
Sept. 13
Jan.

Jan.

Jan.
Oct.
Jan.
Oct.

14
11

19
25
14
19

Sept. 28
Mar. 10
Dec. 29

Apr.
z2454 Jan.
;3854 Jan.
Apr.
zl09?4 .Tun
Jan.
Apr.
July
40
31
Apr.
29
25
Apr.
22
11
Aug. 21
37
20
May 29
30 z96
May 19
29
Sept.12
254 Dec. 28
z211

z87
15

20

21
50

Jan.

31

2754

33

Jan.

25

13

20

Jan.

13

50
15

Jan.

ii* 51
35^

Jan.

20

41

Jan.

Jan.

30 103
4
4

Jan.

Jan.

1634-1734-

Jan.

9

Jan.

12

Jan,
Jan.
Jan.
Jan.
Jan.

30

434

Oct.

77

16

Jan.

1334 July 21
954 Dec. 12

z954 Aug. 25 z1654 Oct.

x

Jan.
Jan.

13 54
1234
9734 *96
17
*1634
,
134
J-7
56
55

20

23"" "26"

4

June 15

6

10

41

43

3634

Sale Prices

634 Apr.

634 Jan.

90

Highest

Sale Prices

"Jan;~"4 ""8M~Jan;27 —tj-^g-Ap:

8

Jan.

5

3

Jan.

Jan.

Jan.

4034 Jan.
1634 Jan.
Jan.

9

1234 Jan.

11

8
9

33

33
15
12

12
11
6
3

15

Jan.

4

Oct.

Jan.

2

2234 Mar.

2

17

Apr.
Apr.

9

Oct.

8
9

31

8

1234 Oct.
134 Aug. 18

60

12 <3634 Jan.
5
Jan.
30

15

934 Jan.
5034 Jan.
*1334 Jan.

.234

Jan.
Jan.

1734 Jan.

634 Sept. 14
Jan.
7
1734 Oct. 24
3954 July 29
18
Sept. 18
234 Jan. 13

60

1234
33
15

254 July
9
Apr.
1434 Oct.

<3334 Jan.
434 Jan.

11

26

1534
17
Sale
19

11**

1034 Jan.
5054 Jan.

9

8

27

28
65

134 Jan.

24

154 Jan.

1

1

Jan.

26

1

4
26

*20

Jan.

3634 Jan.

4

30

Sale

134 Sale
34
1
2934
24
2534
1134
1334
1434

12
Sale

\i*
3634
9

16
*10
10
13
13

Sale

1034
1434
1434

3734 Sale
734
734

*934 Jan.

31

10
14

Jan.

2

.10

Jan.

4

14

Jan.
Jan.

14

Jan.

19

14

»Jan.

3634 Jan.
*734 Jan.

27

3

36

Jan.

*28
4

1334
434
Sale

Jan.

6
15

Jan.

26

4434 Jan.

23

534 Jan.
334 Jan.

20

18

<1254 Jan.

3754 Jan.
*734 Jan.

36

1434
69
14

5234

55

Jan.

3034 Jan.
434 Jan.
1454 Jan.
534 Jan.
334 Jan.

x

I33I

zI
30

29
Sale

60
11

Jan.

3034
8 *2034 Jan.

1034

Jaiil

19

1034 Jan.

Jan.

22

65
13

Jan.
Jan.

Feb.

Jan.
Jan.

*39

.

Jan.

23

30 *4534 Jan.

6
11

6

34

3

zl7

Jan.

Apr.
234 May
1034 Feb.

22
3

20

3

25

2

July

Aug.
454 Mar.
34 July
9
Sept.

5
22
4

8

60

100

z7
z30

Apr.
Apr.
Apr.

May

Feb. 21
Dec. 19

Sept.

5

Oct.

28

Oct.

26

Jan.

9

Sept. 27
Jan.
5

Feb.
7
Jan.
3
254 Mar. 14
13s Oct. 14
3034 Mar. 31
26
Jan.
6
48

75

z1534 Sept. 2
13
Apr. 25 16
3
z734 Apr. 10 zl6
7
2
Apr.
4 10
12
4i
Apr.
5 1434
19
z954 June 27 zl6
30
Feb. 17 3834
26
27
z434 Jan. 27 zlO
91
50
Jan.
3

z74

1134 Jan

1234
4734

21

Nov. 24
Jan. 17
Dec. 20

11

x

65

Feb.

Apr.
8 z40
Mar. 21
534
Apr.
8 z29
Dec. 11 zl254
43
Sept. 2 51
z734 Aug. 24 z1854
454 Jan.
4
55s

22

Jan.

14

z1854
334
zl454
z654

31
Jan.
15 *16
22
334 Jan.
Jan.
9 40

3

75

12

234

*

Van Dorn Iron Wks Co com..*
Vlchek Tool
--■»-*
Warren Ref & Chera com....2

Sale Prices

9

1534 Sale
12
1134
733
634

....

20,329
1.850
3,233
5,060
1,705
4,165
7.110

Highest

Sale Prices

834

—

2i3lf'Miller Wholesale Drug

*
1,614 Monarch Machine Tool Go...*
1,3941Murray Ohio Mfg
*
240 Myers (F E) & Bros Co com..*
3,114 National Acme Co com
1
1,774 National Refining
.......25
3,061
$6 prior preferred....
*
164
8% preferred
....100
10,562 National Tile
*
5,669 Nestle LeMur "A"
.*
379 Nineteen Hundred Corp A
*
1,336 Ohio Brass class B
*
140 Ohio Confections class A
*
7,961 Otis Steel Co common
.*
3,726 Packer Corp
...*
5,225 Patterson-Sargent
*
2,438 Reliance Elec & Eng com
5
50,358 Richman Bros......
.....*
4,888 Seiberling Rubber Co com
*
6,673 Seiberling Rubber pref.......*
Stouffer Corp—
Class A $2.25 cum pref.....*
510
6,340 Thompson Products Inc com.*
......1
2,410 Troxef Mfg
1 210 Union Metals Mfg Co
*
1
10,235 Upson-Walton

Lowest

Ask

159

prUlClTCU StT -ML..----AUU

8,893 Goodrich (B.F.) Co.common *
9,245 Goodyear Tire & Rub com...*
$5 conv cum preferred
62
*
235 Great Lakes Towing...... 100
Preferred
100
734
1,051 Greif Bros Cooperage A com _*
5
721 Halle Brothers
Preferred
...........50
2,297

3,909
8,980
17,053
2,061

8
8

9
10

13

Ask Bid

Bid

Sale

* "16"
12,537 City Ice & Fuel
73
343
634% preferred
100
16
20
Clark Controller-.1
3,465
2
3
9,726 Cleveland Builders Realty...*
61
57
16,833 Cleveland Cliffs Iron $5 pf...*
421 Clev El 111 $4.50 cum pref....* 107 34
"21"
J9
15,997 Cleveland Rys
.......100
2134 Sale
24,726 Cliffs Corp v t c—.......
*
103,177 Cliffs Corp
-5
10
14
3,705 Colonial Finance Co common .1
12
17
1,022 Commercial Bookbinding.... *
3,476 Dow Chemical 5% pref
100 11634
24
2534
4
4,708 Eaton Mfg. Co.common
63
70
817 Elec Controller & Mfg....—*
*
1534
16
1,679 Faultless Rubber Co com..
3
534
986 Fostoria Pressed Steel
23
26
5,421 General Tire & Rubber com..5
240

x

Jan. 31

Jan. 2
Ask

80

144 Ganfield Oil common......100

1,679

RANGE FOR

Price
Jan. 3

12 Months

In

June 20

Sept.
July
Jan.
Sept.
Aug.

16
17
23
27
9

Oct.

20

Apr. 22

3534 Nov. 13
z3334 Nov. 4
45s Oct. 20

1454 Dec. 15
9
Sept. 12
5
7

Nov.

4

Sept. 18
134 Oct. 25
1434 Jan. 17
70
Sept. 16
z1554 Oct. 26
z5654 Sept. 12
z92
Sept. 30

UNLISTED
164
162
56

390
5

362
295

420

230
100
175

670
684

1,672
50
80

1,114
x

I Reflects

50 Addressog-Multigraph com. 10
1,663 American Home Products.—-1
Bond Stores common

1

5 Cleve Graphite Bronze com_-l
21 Firestone Tire & Rub corn...10
.*
248 General Electric com
.._.*
270 Glidden Co common

120 Industrial Rayon com
40 Interlake Iron common

*
*

Martin (Glenn L) common.-.1
Nat Malleable Steel Cast com. *
350 N Y Central RR com
*
196 Ohio Oil common.

*
334 Republic Steel common
10 Timken Roller Bearing com.. *
Twin Coach common
1
448 U S Steel common.....
180 Youngstown Steel Door com.

prices in primary markets




*
.

*

21

1834
6054
2354
3634
2134

4054

41

1834
5954
2234
36

I§8
12
41
26

1834
2834
1234
4134
26 34
1834
734

1834
734
2334 Sale
51
5034
11
1054
67
6654
28
2834

on which odd lot sales were based,

z

1854
5754
2254
3734
1934
373s
1754
2634
934

1954 *1834 Jan.
5834 <5834 Jan.
2334 *2334 Jan.
Jan.
3754 <36
20

38
18

*1934 Jan.

2

<3934 Jan.

16
13
15
30
12

<4134
<1954
*2834
*1254
*4054
15 *2534

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

23

4
2

23
10

x

*38

Jan.

*1734 Jan.

Jan.
2734 *26
10
<934 Jan.

3654 3734
2154 2234
1554
1634
7
654
*1954 Sale
4854
4734
10
1034
<5654 Sale
2354
2334

12

29 <6034 Jan.
23 *2334 Jan.

<36

Jan.

*2234 Jan.
<16

Jan.

*654 Jan.
<1854 Jan.
*49

Jan.

<954 Jan.
*56

Jan.

*19

4
3
4

3

z60

z2034 Apr.
z1754 Apr.
z31
Apr.
zl4
Sept.
zl654 Apr.
z734 Aug.

Oct.
z2534 Sept.
z445b Jan .
z1434 Jan,
z2934 Jan.
zl634 Sept.

5

Dec. 30

z39

25

12
5
5
16

12

4

9

Jan.

3

*754 Jan.

3

23 *2334 Jan.
9 <4934 Jan.
15 <11
Jan.
18 *6834 Jan.

3

19

2734 Jan.

z1534 Sept.
z4154 Apr.

Sept. 27
Sept. 5
Sept. 12
Jan.
3

zll34 Sept.
z6
Aug.
zl234 Apr.
9 z3434 Apr.

z2334
zl034
z4834
z5434

3
3

z8254 Sept.112

z4154 Aug.
zl7
Apr.

Reflectslrange^of prices in primary markets,

x

z34

Sept|27

No print,sales only.

RANGE OF PRICES ON DETROIT STOCK EXCHANGE

Shares.

January

1939

|

301,729

I Jan. 1 to Dec. 31

AGGREGATE

12

January
Shares
460

'"620
2,429

'"717
2,361
600

2,536
1,480
100

STOCKS

1939

2,104
8,569
110

100
100

3,196
494

780

2,100
990

217

Allen Elec &

Bower

Rolier

2,400
92,801
7,785
37,101
50,294
2,734
1,965
1.380
60,008
8,296
32,510
44,568
37,664
8.381

3,004
1,269
1,455

Detroit & Cleve Nav

14,056
46,714
20,191
30,814
33,377
21,353
.

850

1,448
2,000
125

2,115
2,816
87

3,737
6,699
330

1,267
1,100

"lex

Sale

Sale

IX
Sale

1
.5

15 %

in

15

IX
1%
IX
15%

1

1%

2%

3%
24%
15%

1%
5%
25%

.2.50

class A

*

Class B

*

*

*

Preferred

2

1
*

Motor Wheel common....
com

10
2.50
*

com

*

Parker Rust-Proof

com
2.50
Parker Wolverine Co com
*
Peninsular Metal Products... 1

Pfeiffer

*
1

16.050 Scotten Dillon common
20,828 Sheller Mfg Co common

10

2%

22% Jan.
Jan.

2

12% Jan.

Jan.

31

3

1% Jan.
9% Jan.

8

% Nov.

7% Jan.
4
27% Sept. 15
34

Nov.

4

31%
1 %
18%
2%

Jan.
Mar.
Jan.
Jan.

5

8
4
7

Dec. 21

8

15

Aug.

2

Jan.

_

common

15

4%

81X
15%
90c
Sale
2

"18%

19

15X

"80c"

76c

Sale

124

1%.

IX

1

15

IX
15%

1
.50

15% Jan.

24

Jan.

30

3% Jan.

23

90c

15% Jan.
1% Jan.
4% Jan.

¥
1

16
5

31

Jan.

8

18% Jan.
16% Jan.

29

80c

2
85c
30 125

Jan.
Jan.

15

18

Jan.
Jan.
Jan.
Jan.

3

2

Jan.

122% Jan.
1% Jan.
1% Jan.

2

22

Jan.

3

15% Jan.

30

1

Jan.

8

18% Jan.
16% Jan.

29

2

4

Oct.

5

1%
1%
1%
15%

1%
31%
4%
22
12 X

73c

2%
1%
75c

2

11
3
i

30

15

9

30

17

Jan.

26

Sept. 11

12

Jan.

13

Jan.

4

Jan.
Jan.
Jan.
Jan.
Jan.

15

Jan.

3

2

2% Jan.
32% Jan.

25

Jan.

22

2% Jan.
51% Jan.
2% Jan.

15

Sale

90c

Jan.

22

Sale

60c

Jan.

6

5% Jan.

22

12%
4%.
2%
31
4

3

52%
2%

14

16" "17"

18%
13%

15%

8

Sale

13%
5%

13%
Sale

11

62c

Sale

45c

Sale

47c

2X
50c

""2X
1%
22%
76c

IX

2X
52c

50c

21%
3%

24%
4

Sale
.

IX

80c

90c

90c

18c

Sale

25c

2X

Sale

2%
—..

50c

S
1%
35c
.....

8%

2
53c
25
4%

1%

25

"25c"
36c

Jan.

16

5

Jan.

33

Jan.

30

13% Jan.
2% Jan.

24

55% Jan.
2% Jan.
1% Jan.

Sale
50c

22%

3

5

2

5

5

75c

Jan.

27

6

Jan.

5

Sale

83c

4%
7%
IX
25c

11X
15%

Sale
40c
Sale

2%

1%
40c

e%
Sale
Sale
33c

12

16%

12%

5%
49c

1%
45c

Sale
4X
IX
1%

25%

21

3

15

Jan.

12%
5% Jan

15
22

13% Jan.
6

Jan.

52c

Jan.

1% Jan.

10

Jan.

10

50c

24% Jan.

15

4

Jan.

13

1%

Jan.

11

25% Jan.
4% Jan.
1% Jan.

45c

1% Jan.

90c

Jan.

2

19c

Jan.

16

2%

1% Jan.

11

Jan.

2

2% Jan.

9

2% Jan.

18

8

3%

Sale

5

8% Sale
IX Sale
38c

10%
15%
5%

76c
4

83c

Jan.

4

Jan.
Jan.

Jan.

9

7% Jan.
1% Jan.

Jan.

1% Jan.

40c

26c

Jan.

43c

11%

11

Jan.

11% Jan.
16% Jan.
6% Jan.

Sale

16% Jan.* 17
5% Jan. 15

Jan

19

6

IX
1X
3%
78

24 %

2%
7X
2
1

2%

16%

Sale

Sale
20%
18%

3%
3%

%
2%
24%
4%
IX
1%
12
96

97
3

ex
1%
1%
..

*7".

Sale

4%
4
5%

Sale
Sale
20X
Sale

10%

8

2X

4

3X
44%
19%

23

1%
6%
2

2%
3X
Sale
25
5

1X
13%
100
24

Sale
5

4

Sale

4%
8

::::: ~~i%

2%
2

24%
4%

3
2%
24%
4%

-----

2X
2%
4

3% Sale
43% Sale
21% Sale
9%
9%
1%
1%

1%
13%

"Sale"

15
100%
21%
22
2%
2%
2%
3%
99

3%
4%

4%
Sale

3%
43%
20%
8%
1%
6%
1%
1%
2%
2%
24%

Jan.

15

Jan.

26

Jan.

16

Jan.

8

Jan.
Jan.

23
15

Jan.

8

2

Jan.

5

1% Jan.

Jan.

25

3%
44%
21%
9%
1%
8%

3

3
8
31

Jan.
Jan.

Jan.

15

Jan.

30

25

Jan.

Jan.

26

Jan.

29

Jan.
Jan.
Jan.
Jan
Jan.
Jan.

2% Jan.

1% Jan.
13% Jan

24

99

Jan.

26

4%
1%
1%
13%
99%

21

Jan.

12

24

151

Jan
Jan.
Jan.
Jan.
Jan.
Jan.

9

Jan.

2

Jan.

13

3

3%

Jan.

17

4

Jan.

10

4% Jan.
4% Jan.

1K

2% Jan.
J an.

8

2% Jan.
10

Jan.

30
19

2% Jan.
11% Jan.

30
24

5

13

Dec.

28

6

Oct.

4

Aug.
Nov.

4

June

1

Jan.

55c

June 27

Sept
1
Apr.
8
1% Jan. 11
5
June 30
30c
June 19
2% Jan.
7
2
Jan. 11
76c
Sept. 1
15c
July
1
10
Apr. 10
10% Apr. 10
4
Aug. 25
10
Jan. 23
3
Apr.
8
36
Apr. 11
12% Apr. 10
5% Apr.
1
1
Aug. 21
6
Apr. 10
1% Apr. 28
1
Apr.
1
2% Apr. 10
1% July
7
22% June 21
3% July
1
1% Dec. 28
1% Aug. 29
13% Dec. 20
96% Apr. 10
10% Apr. 10
1% Sept. 13
2
Apr. 10
2% May 22
2% Aug. 29
8% Nov. 14
2% Dec. 30
12c

10

Nov.

May 17
Dec.

8

Jan.

5

Sept. 29
Jan.

4

Jan.

4

Jan.

7

Sept. 11

8

Dec. 27

!

20c

25c

25

Jan.

Oct.

20% Jan. :
2% Apr.

4

Oct.

6
27
5
8
5
23
11
10
1
30

21% Apr.

22c

76c

Apr.
5% Dec.
6% Dec.
10
Apr.
13
July
31
Feb.
9
Apr.
4% Apr.
40c
Sept.
1% Aug.
42c

Jan.

.....

Sale
40c

2%

3

20

2

20c

92c

Jan.

14% Jan.

18

Jan.

45c

23c

8

95c

Sale

6

5%

Jan.

13% Jan.

18

26
6

July 28
10
July 28
3% Sept. 30
56% Oct. 26
4
2% Jan.
1% Nov. 6
Dec. 29
75c

2

10

4% Sale
38%
42%

31*
«I*

3

2

Oct.

19% Nov. 9
12% Dec. 29
6% Nov. 4
July 19

8

29

34 X

13%

3

Nov. 28

4% Jan.
23% Jan.

33

"15X

Jan.

15

5

22%

30

12%
15%

11

V

4

17

8

2

5%

1

Jan.

3

Jan.

■

ex

2

Nov.

31% Jan.

6
e%
18
14%

5%

*

2% Sept. 11

20

13

Sale

6

30% Jan.
4% Jan.
20% Jan.

13

2

4

Mar.
125

3

IX
32 \

10

52

Nov.
Jan.

28% Mar. 9
5
8% Oct.
1% Feb. 27

14

4%
2%
27 X
4X

Aug.
5
Sept. 14

18% Oct. 23
8
16% June

2

Sale

.




3

1

5
Sept. 23
40c-Jau.—4

5

6

1

1,110 Simplicity Pattern common._1
"
54,131 Standard Tube Co class B
2,396 Stearns (Frederick) common.
5% cum part pref
100
775
-.10
60,206 Tim ken Axle common
66,210 Tivoli Brewing Co common. .1
*
20,245 Union Investment Co com
*
11,531 United Shirt Distributors
1
6.064 United Specialties common
.5
578 U S Graphite Co new com.

61.

Jan.

11% Jan.
98c

33

2%

5

F or fooi notes see page

12
Sale

32

"70c"

1
50c

Moore (Tom) Distillery Co
Motor Products Corp com

5
37,487 Reo Motor common
22.211 Rickel (H W) & Co common..2
*
19,189 River Raisin Paper com

215

11X
98c

Sale

5%

29%
5%

aVA
Sale

54

10

Micromatic Hone Corp
Mid-West Abrasive com

995 U S Radiator
Preferred
35

1

4%
2%
28%
4%
32%

a

4%
32%
10%

*

Sale
Sale

2

27

*

Brewing Co com
18,243 Prudential Investing Corp

""155

18

8

"l%

5
3
*

*

common.

80,019 Murray Corp common
237 Muskegon Piston Ring

12,935
21,161
40,932
11,312

Jan.

88c

1

___4

New common

140,367 Packard Motor Co
49,768 Parke Davis & Co

Jan.

35

19

*

112,403 Michigan Sugar common

930

445

19
Sale

1
42,832 Masco Screw Products
*
2,485 McAleer Mfg Co common
McClanahan Oil Co common .1
281,457
9,660 Michigan Silica Co common. .1
2.50
8,708 Mich Steel Tube Prod

1,272
3,666

822

Sale
3

80c

1
Kingston Products Corp
1
Kins el Drug Co common
.1
Kresge (S S) Co common
10
Lakey Fdy & Mach common __1
LaSalle Wines & Champagne_2
8,982 Mahon (R C) class A pref
*

9,272
3,830
2,049

3,032

2

123%

44,232
19,460
44,183
20,587
30,006

100

3,818
2,945
2,302
1,025
4,835

3%

Sale

32,217 Hudson Motor Car
69,550 Hurd Lock & Mfg Co com

2,507

"6",751

\V*

Sale

New common
5
497
*
275 Home Dairy class A
Hoover Steel Ball common. .10
18,294

880

7

18
26

90c

87c

3

1
33.915 Graham-Paige Motor com
21,710 Grand Valley Brew common.. 1

1,450
3,534

1 % Feb.
9
2% Aug. 23
Dec.--2fl;
6
Apr.
8
18% Aug. 21
21
Apr. 12
17
Apr.
8
75c
Aug. 22
11% Dec. 20
1% Aug. 24
5% Mar. 27
15
Aug.
2

6

-17c

20

20

95c

1
16,427 General Finance Corp com
147,183 General Motors common
JO
50,579 Goebel Brewing Co common. .1

102,181

1% Jan.

OX Jan.

19%

90c

Sale

Detroit Paper Products

Houdaille-Hershey

6X

32% Jan.
10% Jan.

80%

Sale

9,267 Hoskins Mfg Co

6

23%

90 %
16 X

10

.

982

6%

14

89%

100

com

common

410 Gemmer Mfg Co class A
Class B
220

1,070
3,620

900

a

1
28,159 Fruehauf Trailer Co com..
38,325 Gar Wood Industries com....3

330

"1,552

14 X

Detroit Gray Iron Fdy
1
Detroit Mich Stove common..1

135

1% Jan.

9%

4%

1,262

1%
4

0% Jan.

1%

IX
9%

12 X

""259

"5",752

Sale

Crowley, Milner & Co com
*
Cunningham Drug Stores.2.50
Deisel Wemmer Gilbert com.lO

48,584 Hall Lamp common

"3",560

11% Sale"

3

5

,

746

""f,690

23

9

Continental Motors common.1

Detroit Edison

Highest
Sale Prices

80c

21%

*
24,044 Federal Motor Truck com
56.093 Frankenmuth Brewing com__l

478

573

IX
18X

1

Consumers Steel Products

4,885 Eureka Vacuum Cleaner

260

9,819
2,042
5,164
6,075

Sale

2%

5
10

Chrysler Corp common
Consolidated Paper com

28,012 Ex-Cell-O Corp
21,134 Federal Mogul common

3",898

1%
2

23

31%
1X

Lowest
Sale Prices

f—Jam—12
T8o—20cr ~!8e

5

8,785 Durham Mfg Co common
3,854 Eaton Mfg Co common

376

~~2Ti
6% Sale

25c

7%

Highest
Sale Prices

Weather

Detroit Steel Corp common.
465 Detroit Steel Products
3,282 Divco-Twin Truck Co

l",965

605

7%

5
*
1
*

Bearing

■?''
4

A*

2

1
5

Bohn Aluminum & Brass

Sale

'36c- ~40c~T

Lowest

Ask

Ask Bid

Bid

Sale Prices

Jan. 31

Jan. 2
Ask

1H

-1
5
.1

Equipment

Atlas Drop Forge common
Auto City Brewing common.
Baldwin Rubber common

Briggs Mfg Co common
Brown-McLaren Mfg Co..
Burroughs Adding Mach
ghs
Burry Biscuit^Corp
12%c
Capital City Products
*
*
100 Casco Products Corp

"320

1,445

1939
Bid

Par

Shares

Chamberlin Metal

487

YEAR 1939

Price
Jan. 3

Months

11,593
4,248
17,892
79,642
2,642
12,268
96,068
29.210
31,967
22,101
1,595

4,057,484

RANGE FOR

PRICES IN JANUARY

DETROIT
STOCK EXCHANGE

SALES
In

1938

1939
Shares_ 3,569,002

Stock Sales

1940

211,846

Stock Sales

6

July 28
Sept. 6
Mar.

9

Sept.

6

Feb. 25

Sept. 26
Sept. 6
Sept. 6
Dec.

8

Jan.

3

Nov. 20
Jan.

5

Oct.

26

Jan.

5

Mar.

3

Jan.

3

Sept. 12
Sept. 25
Sept. 27
Jan.

4

Mar.

8

Mar. 21
Nov.
4

May 13
Sept. 8
Jan.

9

Apr. 25
Dec.
Jan.

4
3

Jan. 27
Feb.
2

Dec. 13
Jan.

4

Jan.

4

Mar.

9

Jan.

4

Nov.

9

Aug. 16
Nov.
6

Feb., 1940]

DETROIT

AGOREOATE
SALES

DETROIT
STOCK EXCHANGE

12 Months
1939

STOCK

EXCHANGE

01

PRICES IN JANUARY

RANGE FOR

YEAR

1939

Price
Jan. 3

STOCKS
Par

7,686 Universal Cooler class A
Class B
36,374

Bid

*

7,487 Wayne Screw Prod common--4
29,869 Wolverine Brewing Co com—1
2
3,221 Wolverine Tube Co com
100

Preferred

Ask

2%
1%

*

2,014 Universal Products common..*
*
1,391 Walker & Co class A
Class B
*
16,042
150,330 Warner Aircraft Corp com—1

84

Jan. 2

1939

Shares

Bid

2%
1%

4

1H

Jan. 31

Ask Bid

3%
1%

m

3 %

1%

A™
17c
7

80

"24"

~23%
3

4
Sale

4

A^

9c

27c

8%
100

9,343 Young (L A) Spring & Wire--*

12c

7%
6%
78 * 104
11%

Lowest

Highest

Sale Prices

Sale Prices

12
10

1% Jan.
16% Jan.

27

3

3%
IX Sale
1
1%

1% Sale

Highest
Sale Prices

1% Jan.
16% Jan.

il*

15
24

Lowest
Sale Prices

Ask
5

17c

3% Jan,
1% Jan.
1% Jan.

30c

10c

6X Sale
78% 104

22

3% Jan.
1% Jan.
1 % Jan.

Jan.

16c

8

11
30

6% Jan.

6% Jan.

Jan.

19

2% Jan.
1% Sept.
15% Aug.
23
May
1% May
67c
Aug.
90c
July

Jan.

19

12

9%
167%
21%
23%

Jan.
Jan.
Jan.
Jan.

15

10% Jan.

1

Jan.

25
26

6

Jan.

20

3% Jan.

10

2% Nov.

6

2% Feb.

2

Mar.

8

2

10

Sept.

8

July

27

Jan.

12

Sept. 2
Apr. 10 1713

26

4

25c

5% Sept. 14
2% FeD. 17
18% Dec.
9

Apr.
3 100
19
June 29

4

15 172% Jan.
3
22% Jan.

Jan.

18

Apr.

5
80

11

26

Oct.

8c

17
11
23
26
26
25
7

Jan.
4
Dec. 21

UNLISTED DEPT.—
23,466
3,076
3,471
7,874

*
100

American Radiator
Amer Tel & Tel Co
Borden Company

18 %
149 %

8,742
16,050
4,976
1,020

Sale
Sale

9% Sale
170% Sale

23% Sale

Borg Warner Corp common.-5
17,468 Commonw & Southern Corp__*
*
10,883 Consolidated Oil Co
750 Dow Chemical Co

10

171

Sale
Sale

15

9

Sale

7% Sale

*

com

General Foods Corp

150%

Sale"

48% Sale

7% Jan.
145% Jan.
45% Jan.

15

*
1

Internat Industries

1

27

1
*
16.491 Kroger Grocery & Baking Co.*
36.492 Nash-Kelvinator Corp
5
13,990 National Dairy Products
*
*
103,404 New York Central RR
9,168 Purity Bakeries Corp
_*

19

com

Jacobs (F L) Co com..14,839 Kennecott Copper Corp

2

No par value,

Deferred delivery sales,

a

r

1

Sale

87c

8%

Sale

Sale

6% Sale
16% Sale
18% Sale

Sale

12 X
7%

15

30
29

22

12

Jan.

43% Sale

9,571 Socony-Vacuum Corp.--—15
*
18,742 Standard Brands Inc
*

Sale

Sale

5%

Sold for cash,

Sale
Sale

28% Sale

15

30
18

16

Sale

15

14% Jan!
11% Jan.

11% Sale

5% Jan.

8

12

30
2

Jan.

3

Jan.

4

Jan.

27

4

25

Sept. 30

8
Apr.
May 20
Aug. 24

3

25% Jan.
1% Jan.

16 152%

Hupp Motor Car Corp

5

32

Jan.
Feb.

2

2

Jan.

2

11

Dec. 27
Dec. 13

1%
2%
38%
29%
7%
17%
18%

6
4

27

8
Apr.
Apr. 10
Apr. 10

3

15
5

Jan.

3

Sept,

17

Jan.

11
1

26

2

Aug. 24

19

Dec. 26

4

47% Dec. 22

Aug. 17

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
15% Jan.
12% Jan.
7% Jan.

1

6

June 27 141% Oct.

Jan.

48% Jan.

5

9% Sept.12

k

Jan.
3
June 21

Sept. 15
46% Sept.11
29% Oct. 28
9% Jan. 20
Aug.
4
Sept. 27
Aug.
2
Sept. 5
3
7% Jan.

23h
B*

Ex-dividend.

x

RANGE OF PRICES ON THE PHILADELPHIA STOCK EXCHANGE
Stock Sales

1940

Shares-

Jan. 1 to Dec. 31-™.
AGGREGATE
SALES
In

12

January
%

152", 006

1939

244,193

231,992

1939

January

1938

3,738,435

PHILADELPHIA
STOCK EXCHANGE

Months
1939

37,211
40,026
1,650
8,763
6,732
29.354
1,071
10,621
15,192
6,496
27,287
48,928

Barber

11%

100

50
10

Asphalt Corp

Bell Tel Co of Pa

pref-

100

Mfg Co-

*
100

Budd Wheel Co

*

*

Chrysler Corp
Curtis Pub Co

5

9% Sale
150% Sale
16%
18
19%
20%
120% 120%
7% Sale
50

5%
82%

55

Sale
Sale

12%
171

Electric Storage Battery
General Motors
-

Lehigh Coai & Navigation
Lehigh Valley
National Power & Light

40

*
10

"29% Sale"
50%

Sale
124
Sale

*
50
*

3%
Sale
Sale

11% Jan.

2

13% Jan.

...

119

34

2%
3%
8%
2

2%
118%
30%
16

50
50
50

Jan.

31

2%
5

11%

Lowest

1939

Highest

13% Jan.

29

6% Jan. 28
67% Dec.
1
11% July 28

12

Sale

12

—

_—

Apr.
Apr.

15 175% Jan.

44

38

5%
80%

42
Sale

4% Jan.

Sale

Sale

123%
34%
34%
2%
2%
3
3%
8
8

6

4

31

Jan.

10

Jan.
Jan.
Jan.
Jan.

3

Jan.

30

Jan.

2

23
15

55% Jan.

4

2

125% Jan.

10

119
Sale
35%
34%
2
2%
3%
3%
8
8%

Jan.

Jan.

3

Jan.

29

Jan.

22

Jan.

29

Sale

2
Sale
1% Jan.
21
Jan.
21% Sale
175
166% Jan.
2%
2%
2%
118
119
118% 117% Jan.
30%
30% Sale
30% Jan.
19
16
19
15% Jan.
Sale
2%
2% Jan.
2%
Sale
4%
4% Jan.
5%
14
11%
13%
11% Jan.

169

18

14% Jan.
125% Jan.

5%
90%
4%
30%

82
4

Sale

52%

2

18

28% Jan.
50% Jan.

Sale

29

23

Aug.
Sept.
Apr.
Aug.
May
Apr.
Apr.
Aug.
Apr.
Apr.

11% Dec. 26
80% Sept. 28
15% Nov.
8

172

13

35%
2X
3%
8%

Jan.
Jan.
Jan.
Jan.

4

3
4

6

23
3

2% Jan.
24% Jan.

4

6

27
3

4

Jan.

10

31% Jan.

20

23

16

Jan.

23

30

2% Jan.
5% Jan.
13% Jan.

4

17
3

2

29

16%
47%

17
48%

7

8

48% Sale

6%
7%
46% Sale

41

46

41%

48

Sale

,%
1

1%

1%
3% Sale
2% Sale
39% Sale
14% Sale
116
10

9%

Sale
11

12

7

Jan.

24

46% Jan.

27

41% Jan.
, % Jan.

4

v

1

3%
2

Sale

4
Sale

39%
40
14% Sale
115% 116%
9%
11
10%
12

7% Jan,
48% Jan.

15

46

4

Jan.

31

%8 Jan.

2

Jan.
3% Jan.
2% Jan.

30

2
1

10

1

Feb.

14% Sept.
Apr.
2
Sept.
113
Sept.
28% Sept.
15% Oct.
1% Mar.
2% June

136

6% Feb.

6% Dec. 12
43% Apr.
8
33%
%
%
%
2%

6

2

Jan.

4

15% Jan.
116% Jan.

6

31%
10%
107%
7%

40

9

11% Jan.

6

9% Jan.

15

14% July

31

Dec. 28
Mar. 21
Jan. 10

Aug. 17
Jan.
Oct.

Nov.

4
10
6

Sept. 30
Sept. 27
Sept.13
Nov. 14

H
Sept. 13 125% Mar. 9
Jan.
Sept. 14 38
5
June 30
4% Sept. 11
Dec. 26
Sept. 27
10
Apr.
8
Aug. 15

30

13 174% Jan.

15

9,

10 171
23
15%
1
20%
19 124%
24
8%
4 52%
8
6%
13
92%
23
10
11 56%

% Aug.

-----

Ex-dividend,

YEAR

Sale Prices
Sale Prices
117
June
1 117
June
1

16

5

5,699 Salt Dome Oil Corp-—
-_1
11,281 Scott Paper
*
Tacony-Palmyra Bridge—
Class A participating
1,141
*
15,368 Tonopah Mining
1
3,725 Transit Invest Corp-——
25
Preferred
21,873
.25
35,952 Union Traction
50
81.402 United Corp common
—_*
Preferred
9,457
—*
443,811 United Gas Impt common
*
Preferred
8,739
*
3,840 Westmoreland, Inc
——*
*
2,193 Westmoreland Coal
-

12%

23% Sale

*

7% preferred
Philadelphia Traction---




Highest
Sale Prices

Sale

28% Sale
54% Sale

164

2%
*
25

Phila Insulated Wire
Phila Rapid Transit

x

13% Sale

Sale

1

150 Reo Motor Car-———.

No par value.

Lowest

14

5% Sale
90% Sale

50
50

-

680 Penn Traffic common
Phila Elec of Pa $5 prefPhila Elec Power pref

*

Sale

1938

883,700

RANGE FOR

Sale Prices

Ask

170% Sale
168% Jan.
13
13%
14
15
14%
14%
14% Jan.
Sale
122%
124% Sale
122% Jan.
5%
5%
5%
5%
5% Jan.
14

*

common

293,733 Pennroad Corp vtc
153,600 Pennsylvania RR
1,371 Pennsylvania Salt Mfg
3,799
15,300
3,940
20,095
11,391
20,490

Jan. 31

Ask Bid

15

953 Horn & Hardart (Phila) com--*
Horn & Hardart (N Y) com--*

1,142
29,835
13,183
23,648

Jan. 2
Bid

$64,000

par

Stores

American Tel & Tel
Bankers Sec Corp pref

Budd (E G)
Preferred

Ask

1943

STOCKS
American

Bid

1939

1,628,525

6s

30,000 Peoples Pass Ry 4s

Shares

Jan. 1 toDec.31__.

PRICES IN JANUARY

BONDS

ann

1940

$152,000
1939

3,564,395

Price
Jan. 3
1939

$
1,000 Bell Tel 5s
1948
1,271,000 Elec & Peoples tr ctfs 4s__1945
61.000 Leh Val

Bond Sales

January

8

3% Sept. 27
27% Sept. 27
Sept. 28

176

2% Jan. 30
119% Aug. 23
32% Nov. 16
19

Sept. 13
3% Aug. 21
6

Nov. 16

11% Dec. 18
1% Jan. 14

16% Jan.
52% July

Apr. 24 42
Dec.
7
1
Aug.UO
1
Aug.
9
31
Jan. 30
Apr. 10
3
Jan. 26 40
Apr. 10 15
Sept. 6 118
Apr. 13
12%
Apr. 13
32

5
31

Aug. 15
Apr. 10
Jan.
Oct.

10

31

Nov. 16
Feb.
6

Aug.

3
Nov. 25
Nov. 27

Sept. 13
Nov. 21

I

San Francisco Stock Exch.
MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON THE SAN FRANCISCO STOCK EXCHANGE
Shares_

;___'

1939

400,316

626,985

1939

January

1938

6,316,006

Jan. 1 to Dec. 31
AGGREGATE
SALES
In

1939

BONDS

1939
Bid

11

35

"440
2,850
850

290

70

7,057

6,128

80,358

20

4,504

2,334
62,344

468

2,680

138

998

1,415

35,761
28,380
173,373
42,772
8,805

863

8,830
567

1,238
90

120
18

1,771
185

1,623
234
400
35

11,377
992
200
P

1,005
248
870

""810
20

3,506
883
916
54
112

1,032
584

""145
245
435

4,287
896
609
400

17,438
667

""328
417

1,628
200

STOCKS

953

22c

10

453
653

2,979 Honolulu Plantation capital .20
♦
1,251 Hudson ;Motor Oar com
18,443 Hunt Bros Packing common. 10
11,764

10

Preferred

962 Hutchinson Sug Plant cap—15

2 pesos
3,040
16,977 Langendorf United Bak cl A—*

978
37

24,188
1,221

1,241

8,516
49,399
9,716
87,129
1,438

1,073
548

6,3^0
22 5

Class B

Preferred

-

Leslie Salt Co capital
LeTourneau Inc common

10c
6

% Sale

4

Sale

4

7

6

575
65

654
3,53

1.55

10

70

1,450

76

1.135
No par

1

NorthAm-Inv Corp com
100
6% preferred
100
553 %«preferred
-100
23,042 North Amar Oil Consol cap—10
736

1.55

22

July

75

Feb.

11

6
23

4^8
Sale

15c

Jan.

31

19c

Jan.

27

654 Jan.

2

7 53

Jan.

11

4

Jan.

2

4 54 Jan,

17

654 Jan.

13

653 Jan.

9

4 y8
Jan.

10

1.55 Jan.

30
3

125

23 54

5053
102
27c

3553

4°

22

23
16

13

2

753

853

38c
1.40

90c
1.60
10

7

40*

Sale

5153
103

30

Sale
854

320

17 H
Sale

70c

2.50
11

u?*
4154
Sale
33

36 V8
Sale

34M
2.00

554
60c

2.00
7
3

2553 Sept.
2153 Jan.

2

46

4

Oct.

1254 Jan.

18c

Dec.

11

Feb.

3

40

Apr.

8

30

Sept. 12

1

5353 July
July

20c

23c

Jan.

24
25
23
Jan.
51
Jan.
52 54
51H
103 53 105
10253 Jan.

18
4

Jan.

22

2654 Jan.
5253 Jan.

3
9

ii*

32

2454
2454
32M

26

24
8M
553

26

Jan.

24

32c

Jan.

8

52 54 Jan.
3 53 Jan.

26

o5

Jan.

9

2

353 Jan.

2

51

Jan.

4

53 54 Jan.

30

Jan.

12 10853 Jan.

29

26c

2254
2254

754
554
280

19%
90

50c
2.10
9
4 53

3153 Jan.

23

23 53 Jan.
8 53 Jan.

30
16

553 Jan.

8

70c
Jan.
2.50 Jan.

11

4

Jan.

Jan.

11
12

6

22

554 Jan.

26

4

854 Jan.

10

1853 Jan.
4153 Jan.

26

11
32

17

ft*

Sale
40

31

9553

S2K Sale

853 Jan.

Jan.

1053 Jan.
Jan.

3653 Jan.
93 53 Jan.
3254 Jan.

52

8

3 53 Jan.
10 53 Jan.

8

12

654

3

2

1753 Jan.

1.35

24

15

Jan.

40

94

Jan.

24 290

Jan.

Sale
11

31

70c

12

8

53

37

31*

553
9 53

93

Oct.

5

5453 Oct.

1 108

Feb.

30
17
9

1

20

June

8

18

Mar.

Mar.

52

Jan.

653 Jan.
3053 Jan.
553 Jan.

25

275
9

8
5

Nov. 27
1.90 May
3
8
6
Apr.

55c

14

Jan.

12

3453 Sept. 14
8

653 Apr.
36

31

42

June

Nov. 25

22

7953 Apr. 10
2153 Apr. 15
1
July 11

96

Jan,

38

Sept. 12

15

1854 Jan.

31

14

Jan.

20

Oct.

25

31

20

Aug. 17

3053 Feb. 17

7 54 Jan.

13

5

May 27

12

5554 Jan.

3

38

8

5

954 Jan.
5653 Oct.
85s Jan.

13

7

3

31

Jan.
Jan.

24

23

6

Jan.

3

953 Jan.
1653 Jan.

3

15

1654 Jan.

22

1353 Jan.

17

24
17

Apr.
Apr.

8
8

2853 Jan. 25
5
Sept. 28
6

Apr.

8

1554 Aug. 25
(0
9
1154 Apr.

2

2053 Jan.

12

75c

Jan.

12

42

4154

43

4153 Jan.

26

42

Jan.

12

37

So*

1753
1253
553

17

Jan.

10

17 54 Jan.

3

1154 Jan.
553 Jan.

5

6

12

1254 Jan.
553 Jan.

75c
2.10

55c

Jan.

29

2.00 Jan.

22

1553 Jan.

3

8

Jan.

2

4
5

12

65c
Jan.
2.50 Jan,

4

Jan.

2

853 Jan.

8*
36
7 54
Sale

454
7oc
6oc
10

10253 108
16 53
1753
1153
1153
2.10 Sale

40

Jan.

30

40

Jan.

30

4354

44

43

Jan.

12

34

33
Jan.
6 53 Jan.
29
Jan.

23

43 53 Jan.
35
Jan.

10

32 r3

8

753 Jan.
3254 Jan.
453 Jan.

Jan.

3

60c

Sale

753
6%
3053 Sale
454
454

5
12

3

Nov. 30

1.40 Jan.

20

Apr.
8
1654 Dec. 27
7
1153 Dec.
5
553 Apr.

July

21

Feb.

10

65c

50c

9

9

105*
it*

108

Jan.

10253 Jan.
Jan.

20

15*

slij

23

15

Sale

1153 Jan.

5

2.50 Sale

1.75 Jan.

16

753 Jan.
953 Jan.
3 54 Jan.

30

853

ia 170*
4
31* 25* 27

IVA
26

30

23

26

10

11

10

11

5

953 Jan.

19

Jan.

11

1653 Jan.

4

Jan.

17

2.70 Jan.

27

12

100

27

2853 Jan.

16

11

Jan.

21
6

Mar. 17

June

9

Sept. 12
Oct.

Sept.

24

6

Feb. 24
Dec. 26
Mar. 18

Sept. 13
Mar.

4

Feb. 21

1

Dec.
Jan.

4

Jan.

20
2

9

23

3

23

19

Mar.

Mar. 14

11

.Jan,

18
23

Oct.

5
6
6
5

Jan.

9

1.90 Aug. 25
5

Jan.

Sept.
Sept.
Sept.
Sept.

Aug.

!*

Jan.

Nov.

5
1
7
9

Sept. 13

8

11

25

Sept.

1

24 54

1154 Apr.

23
3

25

13

11
8
May 18
Aug. 24

Sept.
854 Sept.

Jan.
Jan.

♦1053 Jan.

Jan.

30c

4

10

26

3853 Apr.
22
Apr.

854 Jan.

2

16

Oct.

Apr. 10
Sept. 5

354 June

Jan.

9 105

Sale

Sale

6

Feb. 20
40c
1.40 Mar. 17

2

75c

9

Aug. 24

20c

2oc

5oc

4254 May

Dec.

17

26

453 Jan.

40

Mar. 14
953 Jan.
3
953 Sept. 11
1954 July 18
(«)
1553 Mar. 15

34

70c

753 Sept. 18
16

4
26
7

36

24

8

9 44

8

6
2.25 Dec.
Nov. 22

2053 Jan.

31

1553'

6

13

Jan.

Ay*

Nov. 17

33

Jan.

453
1653
854

Mar. 20

4353 July 27
1153 Nov. 8
41
Sept. 5

31

Jan.

3

3
17

2953 Nov. 25

2

19

7

Jan.

16

75c

1.75

25

May 29

12

37

853

19

Feb.

Nov.

12

2054

2.90

453 Feb. 25

Jan.

78c

553

68c June 22
21

5
353 Feb. 10
114
May 29 114
17
853 Dec. 19
853 Sept. 5 1053

75c

62c

Mar. 14
1753 Dec. 20
9353 Dec. 13

Dec. 28 300

Apr.
7654 July

20

Sale

Sept. 15
853 Nov. 13

Jan.

12

Jan.

9

1653 Apr.
4
753 Nov. 24

8

24

37 54 Jan.
95
Jan.

30
31

Jan.

753 Jan.

3053 Oct.

2

2.00

7.54

11

25

8

1753 Jan.
9253 Jan.

Jan.

953 Jan.

11
16

15

ill
3753

7

Sept. 21
20

July

Jan.

35

10353 June

10

2453 Jan.
8 53 Jan.
553 Jan.

90

6

7
12

Mar.

1953 June 20

153
9
10 H
17 54

147

3254 Jan.

290

10

Oct.

18

Sale

354

ar.

20 104
45c
26c
June 29
62
40
Sept. 1
4 54
2.90 Sept. 21
96

1953 June

320
Sale
80c

135
485

35c

5554 Apr.

27

23 H

Jan.

106

30c

20 104

85c

80c

8

18

Apr.

35

26c

42

38

6

8

Mar. 13

14
5
26
Jan. 25
Nov. 16

Sale

15

4

1.50 Jan.

13 33' Jan.
38
Jan.

Sale

353

6

2
Oct.
Dec. 29

1553 Oct.

1753
1254
1453

8

853

18
19
9

11

634
3153
553
Sale
16
1653
1154
1254
13 53
1453

16

9 53

Jan.

25

20

Sale

9

17

Apr.

2053 Sale

18
11

8

Apr.
1454 Apr.

Oct.

2253

Sale

20

Oct.
Jan.

Nov.

1853 Jan.

7

Jan.

1

1854 Sale

3 i
6

25

7

1.00

20

853
55 54

9

Feb.

Sept. 26
Sept. 13

8

853
Sale

3

Jan.

Dec. 26 190
10
Apr. 11
3
ov. 24

12

19

14

107

25 54
Sale

Jan.

2053 Jan.

Mar. 21

1054
554
853
653

10

ol53
4953
3 53 Sale
8053
53 54

25

18

31

30c

8
50c

o45i

52

1553 Jan.

30

I*

Jan.

33

26c

91

20

120

2.00

34c
Sale

1653 Jan.
1954 Jan.

30

7
July
6
553 Oct.
353 Nov. 30
8
453 Apr.
453 Nov. 27

10c

Jan.

75

50

39

15

16 M
Sale

10

23

Jan.

May
8
Sept. 15
Dec. 20
Dec. 12

Sept. 24
3

954 Feb.

value.




54

35

41

653
32J4
453

Mfg Ce common

1954

20c

38

Nat Auto Fibres Inc com.stk—1
Natomas Co capital-.--—-*

1.00

16 54

12 H
18c

43

—10

Sale

39

10

Marchant Cal Mach C« com--5

Sale

7

12 54
21c

Libby McNeill & Llbby com.. 7
Lockheed Aircr Corp com.—. 1
Lyons-Magnus Inc A
*

Meier & Frank Co

2.00

8

80c

*
.50

—

Sale
50

34 54

Class B

.

453 ~k3

35

25c

180

98
July 27
87
June
5
14 11053 Feb. 14
10853 Feb. 28 108 53 Feb. 28
131 53 Nov. 24 13 5 53 May 24

653 Dec. 23

7

15c

50c

i1* it*

20

1

Menasco

16

„

50c

48,813
13,901
140,947
76,861
43,751
3.555

Jan,

110

124
124
Jan.
119
121 H 126
6 53
8
7 H
753
1.55 Jan.
1.65
2.00
1.50
1.50
14
Sale
1354 Jan.

*

316

50

25c

15,432 Magna vox Co Ltd capital—253
*
15,248 Magnin*& Co (I) common
Preferred
—100
404

"l",140

654

6 53
110

1053
Sale
7

—

Home Fire & Marine Insur
Co of Calif capital
10
1,374
20,954 Honolulu Oil Corp Ltd cap—*

1,500

•

6 54

50

Bishop Oil Co cap
—.2
Byron Jackson com cap
*
Calamba Sugar Estate com—20
Preferred
20
Calaveras Cement Co com---*
7% preferred
100
Calif Art Tile Corp class A—*
Class B
*
Calif Cotton Mills capital—100
Calif-Engels Mining Co
25c
California Ink Co Inc A
*
California Packing capital—*
Preferred
50
California Water Serv pref-100
Carson Hill Gold Mg capital. _1

1XL Mining Co

1,706
1,092
16,378
1,755
3,065

10
150

—

1,190

16 100

par

i?*

172

Jan.

36

__

860

Highest
Sale Prices

Mar. 23 11954 June 15
10753 Mar. 22 10753 Mar. 22

"

104

Lowest
Sale Prices

118

.

87

Highest

Sale Prices
100

100

54
Caterpillar Tractor capital—*
Central Eureka Mg Co com—1
353
89 53
Chrysler Corp common
-—5
48
Clorox Chemical cap
3554 37
10
10653
970 Coast Cos G & E 6% 1st pf-100 106 53 108
Columbia Broadcasting Sys—
Class A
—2 V
23
1,160
23 H
Class B
25
515
Commonwealth Edison
25
32 M
Consol Aircraft Corp com
29
2353 2553
1
7~5l9
Consol Chemical Industries
18
21
24 53
Inc class A partic pref
*
24,953
754
850 Consol Coppermines Corp cap 5
Creameries of Am Inc com
1
Crocker First National Bank
325
280
San Francisco cap
100 293
126
17
1353 1454
5
206,550 Crown Zellerb Corp com
85
87
90
Preferred
--*
18,907
55c
1
60c
1,156 Cypress Abbey Co common—2
2.15
2.25
1.95
7,356 Di Giorgio* Fruit Corp com.-10
14
Sale
Preferred
-.--100
9J3
5,060
4 54
353
4 54
Doernbecker Mfg Co------—*
6,247
139
*
100 Dow Chemical Co common
20
1553
El Dorado Oil Works cap
854
*
13,768
10
954
953
3,567 Electrical Products Corp—-.4
1553
18
1554
42,378 Emporium Capweli capital—*
35
40 %
3553
Preferred w w
-—-50
7,935
11
9
11
16,822 Emsco Derrick & Eq Co cap__5
Sale
31
30 53
Ewa Plantation
20
1,912
41
36
35
1,191 Fireman's Fund Indem cap--10
Sale
82
95
11,356 Fireman's Fund Insur cap__25
34
3553
33 54
10
13,488 Food Machinery Corp coin
1.75
1.50
1.55
12,479 Foster & Kleiser common—253
16
14
17 53
Class A preferred
25
1.554
Galland Mercantile Laundry
20
common (capital)
2154 24
—*
2,265
General Metals Corp—
9
7 54
9J3
Common capital
253
9,467
49
50
-.10
5454
97,724 General Motors
6
7 54
8
26,499 General Paint Corp common-*
Preferred.
*
2653
3053
7,432
953 Sale
554
14,843 Gladding McBean Co com—*
653 Sale
*
176,881 Golden State Ltd capital
*
10,581 Greyhound Corp common
Preferred
10
1154
20
13
1253
1453
10,064 Haie Bros Stores Inc capital— *
*
3653
3853
41
4,337 Hancock Oil
19
19
Sale
Hawaiian Pineapple Co
*
26,469
92
1.00
75c
73,215 Holly Develop Co common---1

880

Ask

116

33,083 Atlas Imp Diesel Eng Co—...5
410 Bandini Petroleum Co com—_l
2,614 Bank of Calif Nat Assn cap--80
690 Beech Aircraft Corp com..—1

625

1939

11053 Feb.

—

600

Bid

98

11,272 Alaska Juneau Gold M cap—10
100
15 Alaska Packers Assn cap
Angio-Amer Mining Corp Ltd—
Common
— 1
23,900
20
27,040 Anglo-Calif Nat'l Bank
34,468 Assoc Ins Fund Inc com cap .10

490

Ask Bid

1949

553%

Shares

7,995
18,247
25,591
2,270
2,380

YEAR

Sale Prices

Lowest

Jan. 31

Jan. 2

Ask

56,000 Atlas Diesel Eng Co 6%—1945
1965
5,000 Coast Co G & E Co 4%
2,000 Pac Tel & Tel mtge B 3 Ms 1966
1952
3,000 S J Lt & Pow Corp 6 %

5,000

969

RANGE FOR

PRICES IN JANUARY

UNLISTED BONDS
5,000 Miller & Lux ctf of dep 6% 1945
1961
7,000 Sou Calif Gas 4 53%
S P Golden Gate Ferries—

2,079
6,290
1,245

$46,500

Price

$

Shares
122

$85,000

Jan. 1 to Deo. 31

1938

Jan. 3

12 Months

4,000

$1,000

$4,000

_•

1939

6,529,965

SAN FRANCISCO
STOCK EXCHANGE

January

January.

1939

1940

Bond Sales

1940

Stock Sales

t

Mar.

4

Sept. 11

Sept. 11
Mar.

July

8

22

63

SAN FRANCISCO STOCK EXCHANGE

FEB., 1940]

"<?

AQGREQATE

YEAR

1939

Prices

January 3

Months

12

RANGE FOR

PRICES IN JANUARY

FRANCISCO
STOCK EXCHANGE
SAN

SALES

STOCKS

1939

Bid

2,012 Occidental Insurance capital-10
26,294 Occidental Petrol Corp com—1

22

27 k

24

Ask Bid
24
26

18c

20c

11c

20c

15c

21

23

21

4

5

Ask

Bid

Lowest

Highest

Lowest

Sale Prices

Sale Prices

Sale Prices

Jan. 31

Jan. 2

1939
Par

Shares

Ask

Highest

26

25

Jan.

3

25

Jan.

3

20c

10c

Jan.

11

10c

Jan.

11

10c

5k Jan.
21k Jan.
4k Jan.

19

5k Jan.
21k Jan.
4k Jan.

19

29

29

5
Aug. 30
18k Jan. 24
3k Sept. 1

6k Jan.

10

Jan.

17

1.40 Jan.

13

32k Jan.
33k Jan.

15

34

19

34

Sale Prices
28
Mar.
7
28c
Sept. 11

23k Jan.

23

June 27

O'Connor Moffatt & Co—

1,888
5,858
24,221
3,035
8,522
21,553
1,810
84,725
149,170
135,853
43,876
56,597
4,393
38,066
35,014
4,776

Class AA

common

20 k

*

Class B

Paauhau Sug Plant Co

cap--15

Pacific-Amer Fisheries Inc—5
Pacific Can Co

*

Pacific

*

Clay Prod capital

59,935
84,718
17,600
21,964
37,149
2,929
16,083
15,300
5,125

29

29k
Sale

28 %
43 H

107 %

First preferred
*
Pac Tel & Tel Co common-.100

---50

Preferred

Tide W ater Assoc Oil Co com -10
4 k% preferred

100
Transamerica Corp capital
2
Tread well Yukon Corp Ltd—
Common capital
---1
Union Oil Co of Calif cap—.25
Union Sugar Co common
25
United Air Lines Trans

5

10
lk
Victor Equipment Co com—1
Conv cum pref
5
Waialua Agricultural Co
20
Universal Cons Oil---

29 k
44 k
SI

e

Sale

—

———

499,687

7
Sale

32

1
49,630 Rheem Mfg Co
*
109,415 Richfield Oil Co common
Com stock purch Warrants—
4,735
1
3,414 Roos Bros Inc common
Series A preferred
296
100
177.718 Ryan Aeronaut Co com cap-.l
14,690 Safeway Stores Inc corpmon—*
---*
4,630 Schlesinger (B F) com
Preferred
25
7,705
*
10,514 Shell Union Oil Corp com
5 k % cum conv pref
92
100
2,040 Sherw d Swan Co Ltd cl A—10
8,853 Signal Oil & Gas Co class A.
5
100,504 Soundview Pulp Co
Preferred
100
1,516
13,571 Sou Cal Gas Pfd 6% cum A—25
190.719 Sou Pacific Co com (cap'l)-lOO
8,887 Sou Pac. Golden Gate cl A—_*
Class B
»
1,718
14,424 Sperry Corp common v t C—1
5,496 Spring Valley Co Ltd capital—*
*
147,516 Stand Oil Co of Calif capital
23,582 Super Mold Corp of Cal cap 10
16,253 Texas Consol Oil Co com—__1
*
4,110 Thomas Allec Corp class A
776

6

6% 1st preferred
25
5k % 1st preferred-.
25
Pacific Lighting Corp com—*
$5 dividend pref
*
Pac Pub Serv com..
*

-

23,895

Sale

.

2.30

6% preferred
100
1,955
1,405 Pacific Western Oil capital—10
12,744 Paraffine Cos, Inc, com
4% cum conv pref
100
315
Philippine Long Distance
Tei Co capital
501
—100
5,081 Phillips Petroleum Co cap
*
4,050 Pig'n Whistle Corp partic pf-*
10,700 Puget Sound Pulp & Tim— *
8,807 Ry Eq & Realty Co Ltd com.
6% preferred
3,219
100
1
55,944 Rayonier Inc common—
Cumulative preferred
-25
30,192
1
18,713 Republic Petroleum Corp

-

9

20 %

121%

a2}*
Sale

148

150

Ilk

12k
60 k

59
99

& Co

100

com

6k
5k

5
4

12 k
5

11

Sale

132

128
149

54

50

42 k
1.15

44 k

2.00

40 k
1.35

5k

6k

12k

7

8

47k

16k

Sale

22 k

23 k
Sale

3$

!lr<

i3k

Sale

8k
2.35

2.55
16

13k

105

100
7

Sale

28 k

29 k
2.00

1.75
4

5k
15k

14

Sale

102

6k
Sale

5k
30 k

Sale

2.75

1.50

2,40
17

8k

15k

Sale
23 k

Jan.
Jan.
Jan.

Jan.
Jan.

149k Jan.
41k Jan.
100k Jan.
53

Jan.

13 k

2

31k Jan.

2
50
13 108k
25
5k
12
21k

10

Jan.

3

«ian.

30

Jan.
Jan.
5 132k Jan.

2
42

3 154

12

Jan.

2

2
42
Jan.
11 100k Jan.

8

54

8
11

Jan.

25

.

1.25 Jan.

26

1.35 Jan.

2

26

13k Jan.

8

Sale

4

2.90
41

19k Sale
7k Sale

1.00,

14k"

,

2.00
17

Jan.

11

4

Jan.

27

18k Jan.
17k Jan.

3

3

23

Jan.

27

11

17

19k Jan.
28k Jan.

24

Jan.

Ilk

ilk

105
108
108
4
2.75
2.50
4k
27
Sale
28 k
27
29
Sale
29
29k

34 k

k
14k

98
33 k

34 k

12k

13

Sale

15c

3c

2c

46k
6

5k
25 k
32k

Sale

32k

10c

"44k

6

32k

Sale

32k

36c

60c

14c

45c

20c

1.00
14

40c

80c

45c

31

15

24

"2

Ilk Jan.

26

Jan.

31

26k Jan.
99k Jan.
33k Jan.
12k Jan.

16

5k Jan.
47k Jan.
6k Jan.
Ilk Jan.

4
25
4
2

24

"4
26

27

3

28k Jan.
29k Jan.

3

5 100
Jan.
26
34k Jan.

10

15

15k Jan.

Jan.

12

6c

Jan.

5k Jan.
24k Jan.

25

6

5
3

Jan.

6c

12

10k

10k

89

92

92

10k
94k

93

95
Sale

6

51c

55c

18 k
6k

Sale
Sale
Sale

13 k
15

16

"3k ~~4~"
9

9k
Sale

27 k
50

Sale

5k

20c

12c

16 k
8

Sale
8k
15k
16k
15k
15k
4 J5 k
2.9
3k
10

11

30

28

Sale
15c

16k Sale
8 k Sale
15 k
15k
14
13 k
5 k Sale
3 k
2.60
10
Ilk
27 k
28k

k

300"

17

17k

16 k

21k
21k
3k

19

300

290

6

1

Dec.

Jan.

2

24

Jan.

21

Jan.

15c

June 27

10k Jan.

18

11

Jan.

9

Jan.

20

93

Jan.

20

5k Jan.

22

Jan.

18

15c

Jan.

18

16k Jan.

23
5

17k
8k
16k
15k
5k

Jan.
Jan.
Jan.
Jan.
Jan.

6

8k Jan.

26

Sept. 7
9k Aug. 18
87
Aug. 28
5
1
Sept.

35c

14k Jan.

18

Jan.

30

4k Jan.

12

14
3

Jan.

10

Jan.

4

27k Jan.

22

9

3

8

5
3
3
29

Jan.

9

Jan.

4

28k Jan.

9

1VX4
10k

Jan.

295

19 300

55

Oct.

8

30

Dec. 26
1

13

Mar.

1

18k Dec. 30
28 k Dec.
3k Jan.

it*

13

7
10
28
19

Jan.

18

July

26

June

S

9

Jan.

3

12c

Dec. 21

15 k Aug. 28
4 k July
1

8k Apr.
Apr.
4 k Dec.
1.90 Aug.
6# May
24 k Aug.
12

10
11
6
2

16
28

10c

Jan.

18

50 k Sept. 21

5k July
33 k Sept.
36
July
45c
Sept.
90c

Mar.

14k Jan.
95 k Jan.

8

12
12
24
27
0

5
18

Sept. 13

55c

Jan.

4

19k Jan. 19
Sept. 13

88

Dec. 29

17k July 25
5k Dec. 13
4k Sept. 27

11*

Oct.

24

Sept.

6
28
14

Oct.

37
17 110

Jan.

266k Oct.

Jan.

7

45 k Sept. 26
2.80 Feb.
9

Nov. 15 108
1
Sept.

26k Jan.

30 300

Jan.

85

276

8

Jan.

33

6k Jan.

101k Mar.

20k Oct.
10k Jan.

3

15c

12

31

10k Mar. 4
59 k Jar
12

37 k Jan,

Jan.

100

95

286
Fargo Bk & Un Tr caplOO 280
Pipe & Steel of Calif
10
18k
19k

5k
11c

17

4
Dec. 18
Apr.
47
1.25 Sept. 16
2.00 Jam
4
6
Feb. 28
4k Mar. 13
9k Sept. 1
16k Sept. 11
103
Feb.
Apr. 18 106
7
3
7
Mar. 2
Sept. 8
26
9
May
32
Jan.
5
11
29 k Dec. 14
Apr. 11
9
Dec.
99
8
79k May
28 k Sept.
5
34k Dec. 15
8
4
10k Apr.
21k Jan.
Dec.
4
lc
35c
Jan. 10

5c

93

July

8

Apr.
Apr.
Sept.

4k Apr. 18
24 k Aug. 23

31

157

June 21

10k
6k
lk
13 k
99 k
4k
.30

39

33

June

29

22

22

133

June

7

1.50 Jan.
Jan.

1.50 Jan.
Jan.
15 105
Jan.

July

10k Mar.

30

16

Dec. 21
Jan.

60

18

25

4

Mar. 11

July 25
July 24
Aug.
3

12

23

16

2.40 Jan.

34k
35k
31k
50 k
109 k
7k
22 k

12

2.65 Jan,

3

-

2.75 Dec.
Dec.
17

38k Jan.
19k Jan.
8k Jan.

60c

11

13k

36k July 18
1
1
Sept.
3k Aug. 15

10

13

45c

85c

4

18

46

5k
24 k

Feb.

2.55 Jan

9c

10c

"45"

100

W* Apr. 8
29
Sept. 5
26 k Sept. 13
41k Jan. 30
100
Sept. 5
4k Sept, 5
5
18k Oct.
114
Apr. 11
130
Sept. 12
7k Dec. 30
36k Sept. 12
90
Sept. 15

38k Jan.
18k Jan.
7k Jan.

3

104

99 k

4

1.25 Sept. 11

25

Sept. 22
Sept. 23
Sept. 5
7k Sept. 5
14 k Oct. 21
5k Mar. 17

il*

8
26

50

Oct.
25 k

24

Jan.

12k June 29
2
Aug. 21

26

105
107
108
103k Jan.
5 k Sale
4k Jan.
'5k Sale
48 k
48 k
47k Jan.
46 k
1.50
1.60
1.60
1.25
6k
6
Jan.
Sale
6
6k
12 k

3

Jan.

o

12k Jan.

101

33

28*
2ik

130

Jan.

15

12k

17 k
28 k

3

31

1.50 Jan.
Jan.

40 k
1.50

16k

19 k

8

1.05

27 k
2.60
35

40

4k May

Ilk

19

2.50

32 k
21

46k
6k

55

24

18k
7k

31k
20 k

35c
9c

52 k
38 k

Sale

97

9c

43

Feb.

10

30

8

22

21

34

96

2c

Sale

99k 104

42 k

12k
3k

6k Jan.
12k Jan.

4 k Oct.

48k
107k
5k
5k
20 k
20k

130k 131

Sale

18k
18k
28k

95

45k

31
48

20

54

4

5

11

Sale

149 k 152
7
7k
41k
41k Sale

50

41

Sale

108 k

Sale

21k

10

5

Sale

<50 k
46 k

31k

30 k

6k
6k
13k

33 k
33 k

Sale

48 k Sale
107 k 109
5 k Sale

5

1.40 Sale

1.50

1.40
33 k
34

6 k

24

4k
5k
5k
12k
4k

98 k 103

Vega Airplane Co

90 Weill
940 Wells

5

5

21k
5k
6k
6k

5h
5%
5%

Pac Coast Aggregates com---5
Pacific Gas & Elec Co com--25

140

8

5k

--

Oliver United Filters Inc A—

Western

common

27,872

Yellow

-

Checker Cab Co—

50

29

31

19

Series 2
50
294
5,263 Yosemite Portl Cem Co pf—10

25

30
Saie

16

Series 1

2,325

UNLISTED

3k

*
.

.

k
ik

*

200 Am Com'l Alcohol Corp com.20
370 American Factors Ltd cap
20

lk

12

17k Jan.

Jan.

10

21

Jan.

18

2.90 Jan.

15

2.90 Jan.

15

20

3

lk
2k

6

7

Amer Tel & Tel Co

Anglo Nat Corp cl A com

10
170

1
50
*

9k
170

172

31

Ilk Apr.

11

27

Dec.

15

36 k Mar.
9
33
Feb. 21
4
Jan. 10

18

16k Dec. 22
2.90 Oct.

3

171

53c

31

26 k
9

26 k
Sale

3k

4k

8k

8k
4k
2 k

2k

com.-100
.5
Aviation Corp (Del) com
3
Aviation & Trans Corp cap
1

24 k

8k
7k
3 k
5k
31k
k
lk

100

Bendix Aviation Corp

com—.5
150 Berkey & Gay Furn com
1
1
73,273 t Blair & Co Inc capital-100 Bolsa Chica Oil class A com. .10
Bunker Hill & Sullivan Mg

Sale

8k
Sale

6k

3k
5k
29 k

k
Sale

1.75

13k

14k

65

13k

14k

Jan.

29

29

Jan.

29

8:k
6k
3 k
5k
30 k

%
k
lk Sale

171k Jan.
53c

Jan.

27k Jan.
8k Jan.
3k Jan.
22k
8k
6k
3 k
5k
30k

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

lk Jan.

22 171k Jan.
19
55c
Jan.

19
3

22
3

Jan.

31

3

9k Jan.

8

15

4

Jan.

9

18

25k
8k
7k
3k
5k
30k

Jan.
Jan.
Jan.
Jan.
Jan.
Jan.

3
9
3
9
19
29

2

J an,

5

22

16
4

19
29

2

Sept. 15

80

5
lk Oct.
2k July 20
6k Dec. 21
34
Sept. 25

30 k Apr.

14k
4k
9k
148 k

June

28

Apr.

17*

Dec.

12k

13

13 k

J>n.

16

14k Jan.

4

67c

Mar. 13

38k Sept.
Ilk Mar.
7k Jan.

6k Aug.
3k May
23

Aug. 25
8k Dec. 14

3 k Aug. 24
3 k Jan.

8
7

3

36 k Jan.

30
8k Dec. 14
9k Nov. 4

4k Nov.

8k

4k Apr.
Apr.
k Feb.
lk Aug.

18

Ilk Apr.

Dec. 26
20

Jan.

Mar. 10

Dec. 21

171

Apr.

43c
Sept.
21k Apr.

4

Sept. 27
26

33 k Oct.

k Feb.
3 k Jan.

1.75 Dec.

2.35

80

65

8k
6k

32 k

3k

57c

23 k

23

29

4k
10k

55c

3 k

Aug.
2k July
6k Dec.

31

30

Atch Top & S Fe RR
Atlas Corp common

6 Con Co common--— —2k
Power—
6% pref Cnon-callable)
.100
6% pref (1927 series)
519
100
1,170 Calif Pac Trading Corp com.-*

3k

53c

402 Ark Nat Gas class A common.*

10,628

28 k
29 k

4k
10 k

28 k
4k

Argonaut Mg Co Ltd capital-.5

B & O R11 common

34
29 k

29

100

com

Am Toll Bridge (Del) com
Anaconda Cop Mg Co.com-.

lk

.§*

7

900 Amer-llawaiian SS Co com.. 10
500 Amer Pow & Light com
*
11,631 Amer Rad & Stand San com--*

8,247
1,782
47,179
4,014
4,411
22,698

17 k
2.90

21k
21k
3k

15k Jan.

STOCKS

435 Alleghany Corp common.
685 Amer & For Pow Co Tnc com

25,234
108,824
30,803
10,488
11,077

2.90

Sale

17
12

1.75 Dec. 27

11

19k Sept.

5

Calif-Oregon

182

—

1,542 Calwa Co

7c

*

1~55

--10

common

100 Canadian Pac Ry com
675 Ches & Ohio RR com
7,306 Cities Service Co

6

2.00
1.40

25

5k

6k

4k

25

37 k

38 k

—10

7H

38 k
3k

1
13,492 Claude Neon Lts Inc com
1,050 Coen Cos Inc class A com---*

Sale

20c

82k Jan.

3

86

Jan.

19

5c

Apr.

90c

2.00

5k
40

Jan.

5

3

5

Jan.

3

k Jan.
15c

65

8

Jan.

18

10c

Jan.

18

30k Jan.
7k Jan.
9k Jan.
33k Jan.

16
8
12
8

32
Jan.
7k Jan.

4

k Jan.

Oct.

78
7c

June 20

3

Mar. 13

2

2

Nov.

4

Aug.

4
Aug.
5
34 k Mar. 18
4k Nov. 25

k Dec. 14

8

3c

Dec.

4

10c

Dec. 20

6

17

Mar. 14

2.30 Nov.

3

k

50c

83

7c

25c

1.15

Preferred

40

69k Sept. 29

84k
84 k

Jan.

18

Mar

14

8

5

42k Oct.

21

Feb.

2

9

lk Jan.
25c

Jan.

5
19

Columbia River Packers

Assn Inc

3,490

common

515 Comm'l Solvents Corp com
Consol Edison Co N Y com

6,486
11,370
75,760
12,242
2,936
9,901

*

4

*

5
12

30k
8k
7k
37k

Consol Oil Corp common

*
Curtiss-Wright Corp com—-.1
Domlnguez Oil Fields cap
*
Dumbarton Bridge Co com.. 10

Elec Bond & Share Co com
5
57 Fibreboard Prod Inc prior pflOO
23,238 General Electric Co com.--.-*
2,009 Goodrich (B F) Co common._*

2,032 Hawaiian Sugar Co capital—20
479 Hobbs Battery cl A cap
*
B capital
*
1,150
199 Holland Land Co com———.*

------1
1,386 Holly Oil Co capital
306 Honokaa Sugar Co capital-.20
Idaho Maryland Mines Corp—
Capital
1
57,748
No par value.




32

4

7

7

14k
Sale

7k

o

Sale

9k
35k

25c

50c

10k

Ilk

"43

23 k

104 k
37 k
41k
16 k
20k

k

24 k
8ale

22

1.00

25

20c
1.75
1.50
3

19k

3

2.50
35c

1.00

35c

1.25
1.00

"2"40
,

t Formerly Baneamerica Blair Corp.

5

6k
Sale

20c

6k

t Odd lots.

6k

6k

Sale
Sale

7

10k Jan.
36

Jan.

8

2
29

26

8k Jan.

5

31

41.

Jan.

4

20

Jan.

11

20

Jan.

11

Jan.

18

25c

Jan.

18

25c

30c

7

5k Jan.

10

6k Jan,

19

28

3
7

Nov.

4

Nov. 15
Feb
1

Sept.

2 50 Mar.

35c

Dec.

5k Sep-

Aug.
Sept.

12k Jan. 20
107k June 27
5
42 k Jan.
20 k Nov. 29

9

0

Mar. 23

1.75 Mar

1.75 Mar.
2.50 Jan.
Oct.
6

2.25

Sale

i*

16 k Aug.
20 k Aug.
2.50 Mar.

25c

6
24

3i0

6k Aug.
Aug.
Apr.
25C
Aug.
6k June
104k Oct.
31k Apr.

at*

Jan.

2.00

35c

28 k Sept.

37k Jan.

17 k
23

6k Oct.
13 k Feb.

Ilk May

40c

7

105
42 k

35

25c

Sale

—

*

13 k

31k

11

*

2

Jan.

20

3

6k Sept. 29

7

Jan.'

3

SAN FRANCISCO STOCK EXCHANGE

64
AGGREGATE
SALES

SAN

FRANCISCO

Shares
560

STOCKS

1939
Par

Shares

4,660
19,683
75,754
65,797
10,088
3,685

1,458
2,845
2,435
420

Internat Nickel of Can Ltd—*
Internal Tel & Tel common— *
Italo Petrol Corp of Am com-1

5

8

1,228

680

21,739
91.796
6,159
1,846
36,113
3', 565
3,822
4,329
1,021

1,693
1,410
323

1,465
407
100

""loo

100

700

1,850
1.057
11,594
6,367
7,431
1,002
17.912

461
19

770

""770
74
931

350

"455

7,010
394

~~133
575
255

46

5.243

8",604

8% Preferred
10
Montgomery Ward & Co,
Inc, common
-*
Mountain City Cop Co cap— 5c
Nash-Kelvinator Corp cap— -5
Nat Distillers Prod com
*
Nor Amer Aviation Inc cap—-1
North Amer Co common-—10
Oahu Sugar Co Ltd capital--20
Olaa Sugar Co Ltd capital—20
Onomea Sugar Co capital—20
Pacific Finance of Calif com. 10
Pacific Indemnity Co cap—10
Pacific Portl Cement com—-10
6 %% preferred.
100
Packard Motor Car Co com- - *
Park Utah Cons Mines com—1
Pennsylvania RR capital---50
Pioneer Mill Co Ltd capital-20
Radio Corp of Amer com
*
Radio-Keith-Orpheum com. - - *
Riverside Cement (Del) A—-*
Santa Cruz Portl Cem comr-50
Schumacher Wall Board com_*

200

10

385

3",700
3,360
1,225
8

500
10

""200

Pacific RR

500 Western

com

6% preferred

400

200 Western Union Teleg com.

Los

454 Jan.

3
26

16c
Jan.
1.55 Jan.

3454

3554 Jan.

15

3554 Jan.

2454 Jan.
2754 Jan.

2
27

2454 Jan.
2754 Jan.

10c

30

12c

5c

ffl*

454

454

17c
6
9

11c

3854
10c

5c

Sale

'35"

454

8

21

24

554
22

5
20

25

754
254
554
2454
354

654

5154
5254
354 Sale
654
654
23

2554
2254
2154 Sale
5
654
2354
24

1.30
4054

354

14

22

28
Sale

23

24

28
2454
2754
2854

1054
13
2954 Sale
i

2954

1.00

6

654
45

954

954

1854
654
4554
1454

15
4
18

2354 Jan.
2154 Jan.

25

16

25

Jan.

26

Jan.

Jan.

16

43

1.25 Jan.

4

1.30 Jan.

23

4
27

4154 Jan.
354 Jan.

4
8

2154

2154 Jan.

24

2354 Jan.

2

12

Jan.

3

12

Jan.

3

554 Jan.

654
154
454

2

6

Jan.

19

2954
2854
34

75c

554
24..

Jan.

23

454 Jan.

5

Jan.

30

5

Jan.

2354 Jan.
10
Jan.

23
25

25

Jan.

6

18

1254
3054
3054
2954
3454

Jan.

29

Jan.

3

9

954

a

Sale

2954
29
35
Sale

Jan.

2954 Jan.

29

29

Jan.

26

3454 Jan.

17

1

30
3

Jail,

Jan?
Jan

.

3
4
17
4

754 Jan.

19

9

Jan.

18

1054 Jan.

31

2154

4054
1254

44
1554

35

34
20

Jan.

24

24

Jan.

6

20

Jan.

6

47

48

79
47

81
48

47

Jan.

24

48

Jan.

26

254 Jan.

3

254 Jan.

3

23
70c

85c

50c

2.00

6

1.00

354
454

354

654
654

654

4

AM

454

454
100
54
1 '/%
154
100
,100 23
2454

t&X

3454 Jan.

25

354
454

354
4

Oct.

754 Sept.
854 Mar.
28

Mar.
Nov.

29

23
5
3
1
3

25% Aug.
2
32
Sept. 8
11
Sept. 5
30
Sept. 20
1054 Oct. 11
3354 Mar. 3
2.45 Feb. 17
48
Feb.' 11

454 Jan.
4
354 Sept. 5
Sept. 29
1254 Oct.
4
854 Jan.
5
154 Apr.
1

26

Feb.

6

2

Mar. 20

Feb.

28

Mar. 3
Jan. 13

2954 Aug. 14
Dec. 29

30

2954 June 16
3354 Aug.
3

10

Oct.
Dec.

May 26

20
8

7

45

1454
954
4754
3654
1854
8754

July
Mar.
Dec.
Oct.
Oct.
July
Dec.

19
5
26
6
18
17
18

3354 Aug. 21
254 May 18

50

Nov.

4

Dec. 21

Apr. 10
Aug. 23

22
1.40
82
3

Dec.

954
4454
3654
1454
87

.

6

Dec. 22
Dec.

1.00 Jan.

16

1.15 Jan.

4

54c

5654 Jan.
154 Jan.

23
16

6654 Jan.
154 Jan.

2
9

43

354 Jan.

15

354 Jan.

9

4

Jan.

3

25c

Jan.

29

16

Feb. 28

40c' Apr. 18

1.00

50c

57

754 Mar. 10
4754 Mar. 21

Apr. 11
Dec. 26
Jan. 12
Oct. 18

8854

80c

Nov.

854 Sept.
Sept. 11
454 July 28
8J4 Apr. 21

21

Dec. 26
554 Dec. 19
4354 Apr. 10
554 Apr. 11

95c

June

86

154

28
11
15
30
28
22
26
19

10

91
4054
354
2554

5754

Dec. 15

Sept.
354 Sept.
1954 Sept.
10
Sept.
2354 Jan.
2754 Sept.
2554 Sept.
3054 Oct,

40

89

1.00

4

12

43

5654
154

Apr. 17
154 Aug. 10
20
Mar. 17
954 Aug. 30
554 Sept. 25
154 Dec. 28

25

17

23
1.15

19

3

Jan.

33

254

Dec.

40

1354 Jan.

42

254
2054

4454 Apr
6
354 Aug. 24
554 Sept. 1
25
Aug. 3
1354 Apr. 20
2154 June 23
1854 Aug. 30
354 Apr. 10
1854 Jan.
5
1054 Oct. 11
3054 Feb. 17
1.25 Dec. 20

42

20

6654 Sale
154
.154

23

25

34

6854 Sale
154

Feb.

29

46

25
1.20

12

Jan.

15

23
1.10

June

Jan.

32

254

35

Aug. 11

13

45

254

6c
July
2254 Sept.

2

42

35

254

7

June

22

Jan.

2

33

3954

13

Jan.
7
2.80 July 25
Sept.

44

20
8

Jan.
Jan.

31

6

75c

654
754
4254
4354
1054 Sale

25

4254
3154

Jan.

5454 Sept. 6
954 Feb. 27
37c

Sept.
23
2.75
10c
4

20

4

8

11541 1554

"4354

2354 Jan.
2354 Jan.
21
Jan,

28

19

27

4054

1454
754

12

auxi

44

4
22

oR^

-----

Apr. 11

.

4154 Jan,
354 Jan.

~"

29

XL

65 c

354
8
654
754
5154
5254
754 Sale

'

2354

2954
3254

-----

31
2

1.90
45
354
254

554

4

454

22

2754
2854
3154

5554 Jan.
454 Jan.
754 Jan.

354 Jan.
654 Jan.

14

351
15)
2151
11

554 Sale
154
154
454
454

2354
24

4

24

2454
2154

1.90

11

454

Jan.

13
Dec. 19
Dec. 28
Dec. 12

754 Sept. 22

4754

154
254
2354 Sale

854
254
754

25
27

1254
3654

3

13

10

Jan.

Dec.

35
12c
1.40
29
5c

454

1.15
41

2.50
50

4

8

5554 Sale
434
454
654 Sale
24
2454
2654
2554
2254 2354

454 Sale
2
254
2354 2454

11c

4

3554
1.65
45

5

5

454
10c

4

12c

2354
20

35
5
12c

4

3554

3854

3854 Jan.

22

Jan.
1.40 Jan.

11

35

250 Union Carbide & Carbon cap.*
13,823 United Aircraft Corp cap-.:—5
6,459 United Corp of Del common—*
100 U S Indus Alcohol com—.—*
1
34,787 U S Petroleum Co capital
73.126 U S Steel Corp common—-—*
24,652 Utah-Idaho Sugar Co com—6
25
1,615 Vica Co common..
14,734 Warner Bros Pictures com..—5
West Coast Life Ins Co cap—5
3,178
50 West Air Express Corp com—1

""840

1854

Highest}
Sale Prices

Jan.

23
23

20
4

Lowest
Sale Prices

15c

20

5054
654
854
2754
1854 Sale

22

Highest
Sale Prices

15c
17c
1.45 Sale

3754

4954
654
854
2754

*

100 Taylor Milling Corp com
*
25
2,888 Texas Corp common
100 Texas Gulf Sulphur common. - *
535 Title Guaranty Co cum pref__*

'"399

ra

*

Class B common

300

43 k
10c

354

Lowest

3554
454

15c
1.55 Sale

22

15c

Ask
36
Sale

14c

2.25 Sale

5c

Ask Bid

3754 4854
454 Sale

30

Superior Portland Cement460
Class A preferred

50

55

20

.

205

Bid

9k
35c

2054

-

40

54

0SH

30c

Bancorporation cap--*

14,198
Preferred.
*
4,000
5,148 Shasta Water Co common—-*
50,414 Sou Calif Edison common—25
C 5 % % preferred
25
24,181
B 6% preferred
13,279
25
951 Sou Calif Gas 6% pref—---25
Sou Pacific Golden Gate Co—482
6% preferred
100
8,596 Standard Brands Inc com----*
400 Standard Oil N J capital-.—25
1
31,625 Studebaker Corp common
Sunset-McKee Salesbook Co—
Class A common
*
50
Class B common
*
20

8,484
2,458
1,114

YEAR 1939

Sale Prices

Jan. 31

Jan. 2
Ask

42 %

*
1,170 Matson Nav Co capital
2.790 McBryde Sugar Co Ltd cap—5
179,280 M J & M & M Consol capital-1
521 Monolith Portl Cement com--*

14",600

Bid

7% cum preferred-— --—1
Kennecott Copper Corp com-*
Kleiber Motor Co capital- -10

420 Marine

35

300

RANGE FOR

Jan. 3

1939

January

PRICES IN JANUARY

Price

EXCHANGE

STOCK
Months

12

In

4

Jan.

3

25c

Jan.

29

354 Dec. 20
4
May 18

4

Jan.

6

23
6

May 26

354 Feb. 24
Dec. 21

Sept. 8
Sept 12
Sept. 5
Jan.

1

38

654 Mar. 11
554 June} 9

454

25c

50c

10c

2754

154
29

22

25c

May 13
Dec.
28

24

5

Aug.

54

2

54 Oct.
1

17

Dec. 22

2854 Aug.

2

Angeles Stock Exch.
MONTHLY AND YEARLY RECORD

RANGE OF PRICES ON THE LOS ANGELES STOCK EXCHANGE

January

645,139

.__

Jan. 1 to Dec. 31.

6,833,944

4,686,086

1938

_____

1938

1939

Jan. 1 to Dec. 31

January

1939

i-„

1939

329,479

Shares_

1940

Bond Sales

1940

Stock Sales

AGGREGATE

Jan. 3

STOCKS

1939

Par

2,249 Assoc Gas & Electric A—
165,501 Bandini Petroleum Co

2,783

865 Barker Bros common
451
5K% preferred

15

6

W

480

865

6,500
4,000
3,572
7,000
1,990
5,063
4,355
2,010
30,048
21,159

~2,565
T,7o6
340

700
62

100

1,060
852

925
607
141
457

1,240

25c
50c
7

a

\*

Sale

12 %
33)4

25c
75c

30c
Sale

1)4
8%

•

J%

38c
4H

18c
37c
12c

7}
26)
5c
25c

5%

50c

38c

4%

Sale
75c

5H

lc

lc
lc

5c

lc

4c

2c

10c
2c

2c

10c
2c

lc
15
24 X
10

220 General Telephone Corp
8,949 Gladding McBean &Co—
see

page

11K
07)4c 1.75
89 H
00 %
7%
7M
5H
5H
10K
10 H

*

lc
14

24*
95c

80H
7

14%
25*

76K
0)4
OH

77)4
10 %
10)4

14)4
9

15 H
10

!o* !o8
11
40c

380
10

Sale
43c

392

ID*

25% Apr. 13

37c

Jan.

10

1% Jan.

22

37c

Jan.

10

IK Jan.

15

18
80H

81H
10
10%
10 H Sale

36c

384

8%
20c

1H

12

5

Jan.

17

Jan.

3

10

Jan.

Sale

392

8%
25c

2

7

Jan.

6

Jan.

6

3

Mar. 31

Mar.

35c
10c

July
Apr.

h

Apr. 25

33

Mar. 16
Feb.
7
Jan. 30

Jan.

30c

13
17

1% Mar. 22
Dec.

Sale Prices
Jan. 11

9

75c

10c

Apr. 17
3% May 20

75c

4% Sept. 13

Feb.
Jan.

8

Dec.

lc

lc

Jan.

June

Jan.

9

14% Jan.

26

Jan.

14% Jan.

9
26

Jan.

3

2c

Jan.

10
1
88

Jan.

19

Jan.

16

Jan.

11

7

Jan.

26

Jan.

18

5% Jan.

12

5% Jan.

3
26

lor Jan.
5) Jan.

Jan.
Jan.

Jan.

10% Jan.

3

26

25

¥

6

15
3

Jan.
Jan.
1
90 K Jan.
8
Jan.
11

6

83

y*

Jan.
Jan.

Jan.
Jan.

27
16

Oct.

13

Apr.
Apr.
Aug.

3

Mar.

3

Sept. 11

Oct.

4

Mar.

27
26
2

19
2

12

8
31
Apr.
6
Feb.
6
Oct.

Sept.
Apr.

16

3

4

May

Apr.
2c

5

3

4% Jan.

Jan.

%
81%
7%

3% Jan.

50c

4

1

i&J" IPs..5!

_25

20

16

25%

4% Jan.
3
8% Jan. 16
26% Jan.
9

2c

1

Preferred vtc

16
9

Highest

Sale Prices
75c
Jan. 28

12c

10

1
1
1

Byron Jackson Co
*
California Packing Corp.
*
Central Investment Corp.-100
Chapman's Ice Cream Co
*
Chrysler Corp
5
Consolidated Oil Corp
*

8% Jan.
26% Jan.

Lowest

Highest
Sale Prices
25c. Jan. 13

10c

10
4c

Lowest

Sale Prices
25c
Jan. 13
3% Jan. 17

19r

"lH
75c

8k
28)

com

,




30c

8H

28

Common vot trust ctfs
Preferred

Buckeye Union Oil

65c
70c
1
73,708 Exeter Oil Co A
334 Farmers & Merch Nat Bk—100 360
370
1
8,769 tFitzsimmons Stores Ltd
4,356 Fitzsimmon's Stores Ltd rights
50 Foster & Kleiser Go
2.50
300 General Metals Corp.——2.50
9
10 H
52.132 General Motors Corp
49% Sale
10
*
6%
2,738 General Paint common
8

footnotes

*"«?
7H
26)4
5c~

10

*

869 District Bond Co

15

"For

5c

1 57 He

6,287 Douglas Aircraft Corp
—-*
23,250 Electrical Products Corp.
4
14,684 Emsco Derr & Equip Co.—.-5

1,334
1,085
5,010

100
125

1

.1
3%
1114
28%

Jan. 31

Ask Bid
Ask
12 He 50c
12)4c 50c
4
Sale
4% Sale

Ask Bid

Bid

*
20,940 Consolidated Steel com--Preferred
40,565
__*
7,101 Creameries of America v t c—1

1,230

50

50

Tit" a

8 Brock & Co

8

2",621

u rrn

—1
1
*

34,330 Bolsa Chica Oil Corp A—--10
B common
2,300
,.10
10,967 Broadway Dept Store com
*

'""720

1,350
4,356

-

3,350 Barnhart-Morrow Cons
5,525 Berkey & Gay Furniture Co

"""200

Jan. 2

1939

Shares

Shares
50

YEAR 1939

Price

STOCK EXCHANGE
12 Months

January

RANGE FOR

PRICES IN JANUARY

LOS ANGELES

SALES
In

Jan.
i

19
Nov.
1
Oct. 20

Sept. 6
Sept. 11
Sept. 12

Feb.

Dec.

Mar.

Aug. 14

Apr.
Sept.
Apr.

Nov.
8
Mar. 10
Nov. 8
Jan. 20

43c
4 383
22
10

Jan.

8

Dec.

Jan.

4

Jan.

Jan.

12

30
23

36c

Jan.

22
23

Jan.

23

6% Jan.
21H Jan.

30

54% Jan.
9
6% Jan. 30

Jan.

23

6

36c
383

Jan.
Jan.
8% Jan.
21c
Jan.

1% Jan.
52

5

66.

\

8

1%

Jan.

21k Jan.

13

Jan.

5

6

Mar. 6
Oct. 27

May

8
Nov. 4
56K Oct. 26
8% Oct. 30
116% June 26 110% Not. 29
4% Dec. 27
9% Jan.
7
6
May
37KApr.
5
Sept.

6

8
6

FEB., 1940]

LOS

ANGELES

STOCK

EXCHANGE

65

AQOREOATE

;

SALES

LOS

.

ANGELES

PRICES IN JANUARY

STOCK EXCHANGE
12 Months
1939

STOCKS

1939

Shares

Jan. 2

Par

Bid

17,963 Globe Grain & Milling Co.-.25
2,477 Golden State Co.
*
20,970 Goodyear T & R Akron com..*

37

37 k

39 k
90c

42

28,453 Hancock Oil Co A
*
136,780 Holly Development Co
1
1,266 Holly Oil Co
1
300 Honolulu Oil Corp
•
Hudson Motor Car Co
2,011
6,349 Hupp Motor Car Co
1
9,265 Intercoast Pet Corp
50c
23,000 Jade Oil Co
-10c
3,013 tLane-Wells Co
-.1
Langendorf United Bakeries B *
87,461 Lincoln Petroleum Corp
10c
52,441 Lockheed Aircraft Corp
1
79,626 Los Ang Industries Inc
2
22,148 I os Ang Investment Co
10
11,775 Mascot Oil Co
......1
218,523 Menasco Mfg Co
1
4,500 Merchants Petroleum Co
1
8,000 Mid-Western Oil Co
5c
12.045 Mt Diablo Oil Ming & Dov
1
45,350 Nordon Corp
1
14,737 Occidental Pet Corp
...1
1
35,187 Oceanic Oil Co
7,750 Pacific Clay Products
*
6,950 Pacific Distillers lnc
1
25,772 Pac Finance Corp common.. 10
Preferred A—
1,425
10
Preferred series C
10
1,343
25
18,247 Pac Gas & Elec Co com
1st preferred 6%
7,804
25
5k % 1st preferred
2,773
25
18,845 Pacific Indemnity Co
10
14,750 Pac Lighting Corp com
*
-

940 Pacific Public Service

*

1st preferred—
*
1,775
1,790 Pacific Western Oil...
TO
1,607 Puget Sound Pulp & Timb Co. *
31,510 Republic Petr Co Ltd
1
940
5k % Preferred A
50
60.610 Rice Ranch Oil Co
1

92,954 Richfield Oil Corp common.
Warrants.
12,694

36,849
208,893
6,900
3,860
1,222
42,000
12,512

2

Ryan Aeronautical Co

1

Sate way Stores Inc

*

...

Security Co units
Shell Union Oil Corp
Sierra Trading Corp
Signal Oil-Gas A
B

*
25c
*

MINING STOCKS—
Alaska Juneau Gold M Co. .10
Black Mammoth Cons M ColOc
Calumet Gold Mines Co
10c
Cardinal Gold Mining Co
Cons Chollar G & S Co

..1
1

141,000 Imperial Development Co. _25c
Prince Cons Mining Co
10c
1
65,097 Tom Reed Gold Mines Co
25c
76,875 Zenda Gold Mining Co
UNLISTED STOCKS—
9,960
6,744
21,636
39.676
8,846

Amer Rad & Stand San
Am Smelting & Refg Co

*

American Tel & Tel Co

100

Anaconda

Copper Mining...50
(111)
5
1,133 Atch Top & Santa Fe Ry-_100

6c

11c

33k
2 k
3k

34 k
Sale
4
70c

60c

32

40c

12c
45c

10c

05c
60c
Sale

4c

6c

17c

22c

8c

18c
48c

77 kc 80c
6k
7k
25c

Ilk
12k
10

28 k

31k
28k
27 k
43 k

6k
20 k
Ilk

12
-

10 *4
29*4
32 k
29k
28

Sale
7k
21 k
12 k

5
3

40
25c
Sale

18c

9

k
3k
7k
28 k
28 k
14*4

30*4
5c

Sale
3k
Sale
29 k

30
15*4

31*4

28 k

29

27*4

Sale

31

31*4
21*4

32
Sale

28

Sale

8

6k
18*4
15*4
754

2k
Sale

8k
Sale
Sale
Sale
8*4

Sale
4*4
20
4

9*4
10*4
23*4c 25c
5c

Sale

5*4c Sale
1*4
2*4
lc
l*4c

15c"

3c

5c

149

3*4

50 Pure Oil Co

Seaboard Oil of Del
Sears Roebuck & Co

Socony-Vacuum Oil Co
Southern Ry

see page

66.




♦
*

...»
...

45c

2c

6*4

4)4

ny>
isi1

11*4

15c

28*4

13*4
8c

2c

8*|

16

3

6k

12 kc 15c
*4c
lc
5c
10c

2*4
lc.
38c

3*4c
5c
2*4c Sale

6*4

6*4
12c

l*4c

30c
5c

3*

88 **
73
23

50

27*4
10*
43
39

23*4

6

13*4
1*4
24
10

27*4
11*4
11*4
43*4
39*4
24 k

*

*

15

54*4
9*4
42*4

28*4
6 k
634
37*
47
17

"55 k

53*4

54*4
50*4

50

35*4

9*4
43 *4

36*4
55*4

'21*4 "22*4
19

Sale

26

22*4
7

3*4

23$
8k
5k

4,
6*4
14*4
lk
4 k
24%
„

Sale

29*4
734
6*4
38*4
48*4
17*4

1*4
23*4
18*4
85*4
1234

19*^

36*4
4*4

34*4
35*4
3534 36
52*4
51*4
3 34 Sale
16*4
15*4
25*4
•24*4
22*4
21*4
7*4
6*4
3 34
6*4

m

5

Jan.

15

£47

Jan.

12

4

23

Jan.

Jan.

32

£1154 Jan.

9

Jan.

Jan.

3c

2

25

3
27
23
9

3
28*4 Jan.
24*4 Jan. 25

Sale

Nov. 25

6 k Apr.

1*4
3*4
4*4
30*4
26

11

July
1
Jan.
9
Sept. 1
Mar. 22
Jan.

24

13k Nov. 16
2c

24k Apr.

8

Dec.

30

Jan.

3

4644 Jan.

12

31

4

25

16

32

Jan.

Sept. 7
Apr.
8
Dec. 14
Apr. 11
Sept. 1
Apr.
3
Sept. 5
Aug. 28
Apr.
8

6*4 Jan.

29

2

6*4 Sept.
23
Jan.
36 k Oct.

31

Jan.

23

9

29

Jan.

16

30*4
29k
34*4
34k
15k

Jan.

3

24k Jan.

30

26*4 Jan.

9

10*4
24*4
1*4
34
5

16

Jan.
Jan.
Jan.
Jan.

30c

7
9

27*4 Sept. 22
Sept. 23
17

3

10
15
2
24
18
27

Jan.

6c

Jan.

3

36

Jan.

8*4
5*4
16*4
14 k

Jan.
Jan.
Jan.
Jan.

30

10

Jan.

20
4

26

6*4 Jan.
17*4 Jan.
15*4 Jan.

8
8
3

15

30

4*4 Jan.

5*4 Jan.
0*4 Jan.
3*4 Jan.

Jan.

2*4 Jan.

29
25
22

Dec. 28

Dec. 29
Dec. 28
June 21
Jan.
4

Jan.

4

Oct.

6*4 Jan.

£

Jan.

6*4 Jan.

4k Dec.

5

4

1

Oct.

25

6*4 Sept. 29

14 *4 c Jan.
2c
Jan.

19 k

17 k
9k

13*4 July 28
2*4 Sept. 20
£

8

20

Mar.

Jan.

28c

Jan.

Jan.

47k Jan.

Jan.
Jan.

3 k Jan.
15
Jan.
£12
Jan.

20c

Dec. 18

Jan.

5c

Jan.

10

3c

Dec.

12

14c

2

2c

June 28

4c

10

Jan.

11

47k Jan. 15
£172*4 Jan. 8
27 k Jan. 12
16
5k Jan. 30
12
23 *4 Jan. 11
23 £21*4 Jan. 23
22
7 k Jan.
4
6
3 *4 Jan.
15

15

17
15

23

8

£13*4
£31 *4
£82*4
i25*4

24

4*4 Jan.

15

13

7

Jan.

13*4 Jan.
1*4 Jan.
3*4 Jan.
£23*1 Jan.
9*4 Jan.
£28

3
19

23*4 Oct.
9
3*4 Aug. 23
3*4 Dec.
6
12 k
19k
83*4
21 *4
4k

7

24
8

Jan.

3

14*4 Jan.
1*4 Jan.

19

Jan.

24
4
3

17

£24*4 Jan.

29

15

10 k Jan.
£30*4 Jan.

3

26

Jan.

22

7*4 Jan.

27

8
38

51k Jan.
4*4 Jan.

Jan.

8

Jan.

15

45k Jan.

12

Jan.

5

8k Jan.
8
40

3
3

5

16*4 May
6
87kc Dec.
4
33*4 Oct. 18
4
Sept. 5
30
May 17
30*4 Sept. 12
45
3
Apr.
4
Dec. 27
13 k June 28
12*4 Apr. 11
19*4 Apr. 10
6 k Dec. 28
3
July
5
7
Nov. 2

4

24

38*4 Jan.

2

Jan.

4
5

Jan.
Jan.
Jan.

24

36
Jan.
35 k Jan.

24

12

£55*4 Jan.

2

31

Jan.
18*4 Jan.
25 k Jan.

9

Jan.

15
25

7
Jan.
3 k Jan.

7*4 Jan.
*| Jan.

15

3
10

11
29

Jan.

8

Jan.

24
5
5
19
29
9
25
4
24
26

24

Jan.

19
29

jH

24k Jan.

5

Jan.

6

Jan.
Jan.

1*4 Jan.

22

Jan.

25

£18*4 Jan.

Jan.

15

£87

Ilk Jan.
17*4 Jan.

31

Jan.
11*4 Jan.

26

17*4 Jan.

£81

24

24

6

1*4 Jan.
19k Jan.
£18*4 Jan.

4

21*4 Jan.
7*4 Jan.

24

24
Jan. 26
7 k Dec. 29
33 k Aug. 23
40*4 Mar. 18

Jan.

16

11
29
8
22
28
25

8

Jan.
Jan.
Jan.

22*4 Jan.
21k Jan.

(£)
5*4 Apr.
May
lk Apr.
3 k Dec.
21k July
4*4 Aug.
11

11
12

1

24

22
Mar. 31
Dec. 13
Aug. 25
Dec. 27
Sept. 6
July
6

Jan.

36*4
4k
36k
35k
£50*4
3*4

20

42

^Dec.

Jan.

45 k Jan.
20
Jan.
1
Jan.

24

1

10
10

Aug. 18
Aug. 9

2 k Jan.
2c
Jan.

16
9

Aug. 10
Jan.

20

Sept. 6 18*4 Jan.
4
42*4 July 22 58
Sept. 14
152
Apr. 12 168
Aug. 4
21*4 June 29
39k Sept. 5
3*4 Apr. 11
8k Sept. 5
23*4 Dec. 27 23*4 Dec. 21

80
I

4

9

Jan.

Jan.
Jan.
Jan.
Jan.

9

25
7

9

Jan.
Jan.

18

22

£26*4 Jan.
£70*4 Jan.
£23*4 Jan.

£

30c

3

16

23

6c

Dec. 26
Oct. 19

2J4c Jan.

11

£21*4 Jan.

Dec. 15

6c
1

30c

4*4c.Jan. 11
l*4c Jan. 29
10

Dec.

*4c

2*4 Jan.
23

10
9
13

4
25

3*4 Jan.
10

*4c

2

13
6

23 k Sept. 18

11c

1

5
8

30

5

Jan.

3

29 k
34*4
34 k
2154
33k
254
45 k
10*4

5*4
8k

8

22
16

10
May 12
29*4 Dec. 30
45*4 Aug. 3

2*4 Apr. 18

15k
12*4

1

3
3

Dec.

Sept.
Sept.
Mar.
June
Sept.
Mar.
July
Aug.
Dec.
Sept.

7*4

17
18

32*4 Jan.

4

35

21

Jan.

6c

25

Nov.

Aug.
Sept.
Aug.
July
July
July

10*4 Jan.
3k Jan.
8
Dec.
7k Jan.
48*4 Aug.
33
Sept.
13k Nov.

8

22
2

Jan.

£

35

Nov. 30

12

9

1*4
1*4
19*4
18 34
83*4
83*4
11*4 Sale
16*4
17*4

2

30
14c

13

Jan.

6

21

21*4
8
6

20

Jan.

8k Jan.
1*4 Jan.
8k Jan.

11

5

13

51

3*4

Sale

31

51k Jan.

74

6th

7

Jan.
Jan.
J an»
J an.
Jan.

6

91

11*4
1*4

Jan.

34

6

47
Sale

Jan.

15c

26*4 Jan.
5*4 Jan.

89

7*4

39

£167 k Jan.

46
7

6*4

8

12

27

24
5 34
68

5*4

50

2

18

171

15*4
12*4
30*4

19
16

Feb.

29k Jan.
28*4 Jan.
34*4 Jan.

2)4
lc

4

7*4 Jan.

Sept. 20
6*4 June
9
Oct. 17 22*4 Aug.
5
Sept. 1 10 k'Mar.
7
Sept. 2
11*4 Sept. 14
3 k Jan.
July
7
6
June 15
38*4 Dec. 14

Jan.

26

*4cJan.

5*4
21*4
23*4

6
7

4 k Oct.

28*4 Jan.

10*4
48*4

5*4
20*4
22*4
6*4

17

Jan.

6

31

Jan.

44

50c
8 34 c

.

Jan.

6c

5c

im

85c

5*4
19*4
7 k
4*4

3

8
30
23

34

16
12
3
11
16
27

2c

47 k

3
7

6

43

Jan.

31*4 Jan.
37*4 Jan.
49*4 Jan.

4

19

12c

lc

20c

Nov.

9

10c

1*4
*4c

13

35c

33*4 Jan.

10

£

15c

5c

Dec.

Jan.
Jan.

10

5
18
3*4

15*4

2*4

10c

20

Jan.

8 "3*4

4*4

15
11

Sept.13

Feb.

13*4 Jan.
2k Jan.

27

Feb.

Jan.

Mar. 14

19

5

3

Apr. 25

4c

5c

12k
12k
10*4
34*4
34*4
31*4

30
18

31

34*4
13
24*4
2*4
37
9*4
Sale
Sale
14*4
9*4
Sale

5*4

ah
2*4

7

5
4

30c

£11*4 Jan.

7
Sale
46*4
Sale
Sale

9

25c

24
7

9k Apr.
8
11*4 Apr. 18
9*4 Apr. 18
28
Apr.
8
29k Sept. 16
26k Sept. 16
27 k Jan. 26

Jan.

£44

34

16*4
15*4

2*4 Jan.
4k Mar.
60c
Apr.
5*4 Jan.

55c

18

25c

*4

Apr. 28

36 k Feb.

1

8

Jan.

3c

2c

28*4

Ilk May 16
14c

25c

24*4 Jan.

2J

5

June 30

6

4k Jan.

3

7*4
1*4
7 *4
4 *4

Sale

44

5c

Dec.

Jan.

10c

31

2*4 Jan.
38*4 Jan.

24

Sale

2

16

Jan.

9
24

Jan.
Jan.
Jan.
Jan.

8c

Sale,

Feb.

2*4 Jan.

Nov.

Jan.

12

48*4
3234
11*4

Sale

July 25
18 k Aug. 24
1*4 Apr. 11
lk Jan.
5
39c
June 12
lk Aug. 28
25c
Apr. 25

7
41c

16

Jan.

5*4

47*4
3134
11*4

6*4
29*4

5c

20

12
23

Jan.

34

1*4

27*4

18
16
15
22
23

1.40 Jan.
2 k Jan.
22*4 Jan.

Ilk Jan.
£12k Jan.

30k
35*4
47*4
5k

Sale

1*
3534
8)4
5*4
16 34
13*4

32

18

8 34

oVA

Sale

45c

15c

1*4
5

23

41c

8

8

24,

3*4

22

33*4 Jan.

20c

7*4

25 k

Sale

Jan.

4

12*4
Sale
39*4

33*4
12*4

2*4
*4c

6c

8

.

8

22*4 Jan.
5*4 July
75c
Aug.
10c
Aug.
2c
Apr.
8k Oct.

9
11

21

7

15

6*4

Jan.

16

5*4

37

6 k

9

27

Jan.

Jan.

37*4
Sale

2*4

33

Jan.

4)4 Jan.

36

29*4

10

2k Jan.

50c

oOc

10c

35*4

33*4
34*4

13

15

11*4 Jan.
£12*4 Jan.

34*4
31*4

7*4

Jan.

40c

34 '
33*4
34
30*4 Sale

"25c"

Jan.

Jan.

5

\VA:::::

Sale

Apr.
Aug. 24

9
May
4
9*4 June 23
35*4 Mar. 8
42*4 May 11

11c

40c

33*4

2c

9

3

70c

34

12*4

32k Jan.
2k Jan.

4c

15c

32

6

45c

12*4

30

10
1
11

lc

11*4

7*4
1*4
1*4
7*4 Sale
5 k
5*4
46*4 tl*

12

Jan.

4c

52 kc
8c

10c

20c

27

22
10
2

8c

40c

lc

1*4
*

11,302 Kennecott Copper Corp
*
*
6,567 Loew's Inc
15,415 Montgomery Ward & Co
*
500 Mountain City Copper Co
5c
♦
44,702 New York Central RR
..1
62,733 North Amer Aviation Inc
10
12,947 North American Co
*
3,471 Ohio Oil Co
9,804 Packard Motor Car Co
1
5,779 Paramount Pictures Inc
371 Pennsylvania RR Co
50
Radio Corp of America
Radio-Keifch-Orpheum
Republic Steel Corp..

15c

47c
6c
12c

8

27
24

28k Jan.
2)4 Jan.
4*4 Jan.

Ik Jan.

22c
12

siH

3

40c

Jan.

8*4 Jan.

10

22

Jan.

Sale

!9*4

13c

7c

OOc

2k

12

Corp.*

155 Graham-Paige Motors Corp.
8,913 International Nickel Co
7,559 International Tel & Tel

50c

17

9*4 Jan.
8*4 Jan.

30*4
Sale
4k

4*4

.14*

31

10k
8k
9c

21*4

30~~ ~31*4

*
♦

k
7k

20

150""

1

General Electric Co
General Foods Corp
Goodrich (B F) Co

9

18*4

Continental Oil Co

5

Jan.

47*4
5*4

28c

lOc"

17*
51*

2c

5

5

"4*4 "~8"~
4*4
4*4
17*4
3*4

Jan.

49 h
Sale

25c

10
Sale
43

2

2c

4c

lH

10

7c

9

2k

30c

1

0*4 Jan.

4

6

1Vi

t

Jan.

30

52 .*4 c

10

33*4
33*4
30*4
35*4
48*4

Sale

8*4
24 k
42*4

43

lie4
\lH

23

£1 lc

Sale

35

6c

43c

5*4 Jan.
Jan.

2k Sale
lc

t

£10c

8c

42c

50c

5*4
1

2*4
4*4

11

70c

2c

Sale

2*4
4

Jan.

33

14c

9c

7c

03c
48c

Curtiss-Wright

Electric Bond & Share
Electric Power & Light

:

18

5*4

7c

5

6*4 Apr.
23 k Sept.

75c

1034
8*4

Sale

1
5

(Del)
Corp...

25
:

10c

ik
15c

5k
21c

*

Olciss A.

Jan
Jan.

1.10 Dec.

16

6

5*4
75c

9*4
7*4
10c

7*4
11*4
1*4

'

"18*4

2c

16*4

5

5,233 Commercial Solvents
11,550 Commonwealth & Southern
445 Continental Motors Corp

Jan.

Jan.

77*4cJan.

3c

8*4

15,575 Columbia Gas & Elec Corp

80c

37

"22*4

10

la

37

75c

10c

8k
2k

22 k

.5

Highest
Sale Prices

31

39

70c

Sale
77 *4 c 85c

Lowest
Sale Prices

Jan.
Jan.

30
15

13

239 Cities Service Co

For.footnotes

1939

Sale Prices

8*4
9*4
24*4
38*4

'9*4 Jan.
21*4 Jan.

34*4
6*4

200 Bethlehem Steel Corp (Del)..*
5,575 Borg-Warner Corp
5
1,577 Canadian Pacific Ry.
25
395 Case tJ I)
..100
5,744 Caterpillar Tractor
*

Sale

9*4 Sale
21*4
22*4

40c

3
1

17.235 Bendix Aviation

19,648
1,645
70,992
2,869
9,494
14,044
6,723

YEAR

Highest

9*4
24*4

9

36c

25

150 Aviation & Transportation
536 Baldwin Loco Works v t c
225 Barnsdall Oil Co

Lowest
Sale Prices
8
Jan.
4

23*4
37*4

24

33*4
5*4

Armour & Co

1,715 Atlantic Refining Co
27,734 Aviation Corp (Del)......

3,472
66,415
6,975
1,995
6,645
17,431
7,154
13,796

1

*

common

Signal Petroleum Co of Calif. 1
10,493 Sontag Chain Stores
*
25
99,468 So Calif Edison Ltd com
1,128
Original preferred
25
45.046
6% preferred
25
5k % preferred
39,204
25
1,393 So Calif Gas 6% pref
25
17,518
6% Series A pref..
__25
100
99,463 Southern Pacific Co
77.764 Standard Oil of Calif
_*
5,719 Sunray Oil Corp.
1
13,808 Superior Oil Co common
25
3,825 Taylor Milling Corp
*
204,448 Transamerica Corp
2
128.931 Union Oil of California
25
10
13,399 Universal Cons Oil Co
2,079 Van de Kamps Bakeries.
♦
1.50
7,773 Vega Airplane Co
3,176 Weber Showcase & Fix pref
21,527 Wellington Oil Co
1
173 Western Air Express Corp
1
700 Western Pipe & Steel Co
10
4,307 Yosemite Portl Cement pref 10

7*4

7

21k
7k
1*4

2

Roberts Public Markets

6

Jan. 31

Ask Bid
8
8

Bid

1.10

*

_

Ask

5k
6k

"2,393

2,965
293,100
165.200
81,350
5,895

RANGE FOR

Price
Jan. 3

7*4 Apr.

19

24*4 Oct.
9*4 Nov.
3*4 Dec.

4
6

12k Dec. 22
33 k Nov.

83 k Dec.

4
13

May 25
Sept. 29
80
Sept. 6
52k Mar. 8

^Feb.

0
8*4
15*4 Sept. 12
FeD.
0
3k Dec. 22

fin

Feb.

14
4

Nov.

31k Nov. 3
12k Jan. 19

$
8fl
9k
45*4
45 *4
57 k
4*4
23*4

Jan.

19

Mar.

4

June 20

Sept. 13
Dec.
4
6
Feb. 27

Jan.

Sept.

8

Mar. 18
Oct. 26
Dec. 20

Sept. 27

25 k Nov.

4

26*4 Mar. 10
10k Sept. 5
4k Jan.
13 k Jan.

$

6

3

S'i

Nov. 30

[Sept. 13
June 29
Mar. 31

Jan.

3

23

Aug. 21
13 k Sept. 2

8*4 Mar. 8
2*4 Mar. 17
29

Sept. 21

22 k Oct.

26

79*4 July 18
14*4 Sept. 5
21k Mar. 3

AOGREOATE

In

1939

1939

310

Corp (Del)

44%
11%
9%
2

580

210
487

694
489

25

.---25
9,404 Texas Corp..
5,069 Tide Water Assoc Oil Co..—10
7,804 Union Carbide <fe Carbon-----*
8,262 United Air Lines Trans Corp__5
5
455 United Aircraft Corp

720

19 %

47%
14 %
90 %

"40%

*

3%

United Corp (Dei)-U S Rubber Co

5,306
27,510
48,674
19,155
3,533

224
440

2,542
475
152
30

68%
6%
118%

Highest

Lowest

Highest

Sale Prices

Sale Prices

Sale Prices

6

7% Jan.

Jan.

Jan.

12

10%
2%
22%
£46%
£

11

Jan.
Jan.

Jan.
Jan.
Jan.

£88% Jan.

15% Jan.
48% Jan.

2% Jan.
£41% Jan.
62% Jan.

WA

S Removed Sept. 8.

5% Dec.
40% Aug.
(£)
6% Apr.
(£)
17% Apr.
33% Aug.
9% Aug.
71% Apr.
14% Dec.
35
Apr.
2% Apr.
35
May
43
Aug.
3% Dec.
103% Mar.
1% Dec.

18

45% Jan.

43% 43% Jan.
42%
12
Jan.
10%
10%
9% Jan.
10% Sale
2% t 2% Jan.
1%
23
22% Jan.
22%
42% 143% Jan.
42%
11
Jan.
10%
10%
80% £80% Jan.
79*
15% Jan.
15%
48% Jan.
48%
47%
2% Jan.
2% Sale
£35% Jan.
35%
57% Jan.
56%
3% Jan.
3% Sale
108
109
£106% Jan..
2
£1% Jan.
1%

t Listed M!ay 15, 1939.

t Listed May 3. 1939.

value.

No par

44%
12%
9%
2%
22%
4 5*

21%
45%
10%
86%
16%
15%
48%
47%
2%
2%
40%
iV*
67
66%
4
3%
116% 117%
1%
1%

Sale

10
U S Steel Corp
*
Warner Bros Pictures
----5
Westinghouse Elec & Mfg—50
100 Willys-Overland Motors Inc__l
—

Sale

Sale

6

1

47 Superior Oil
5,918 Swift & Co

10

Ask

Ask Bid
7

Bid

♦
25
—__*
—1

Lowest
Sale Prices

Jan. 31

Jan. 2

Par

12,137 Standard Brands Inc—
7,102 Standard Oil Co (N J)
41 Stone & Webster Inc
29,211 Studebaker Corp

4,058

*

UNLISTED STOCKS

Shares

426

1939

Jan. 3

12 Months

3,378

YEAR

Price

STOCK EXCHANGE
January

RANGE FOR

PRICES IN JANUARY

LOS ANGELES

SALES

Shares

STOCK EXCHANGE

ANGELES

LOS

66

Jan.

4

£117% Jan.
£1% Jan.

21
12

7% Mar
50% Jan.
(£)

11
17

11

10

Oct.

23

(£)
Sept.
Sept.
Sept.
Oct.
Dec.

1
13
11
25
28

12 24%
16 49
22 14%
25 90%
15%
21
3 48%
3%
8
17 51 %
26 82%
28
6%
22 118
1%
22

Oct. 20
Feb.
6
Jan.
3

Sept. 12
Jan.
5
5

Oct.

Dec. 22

£ Odd lots.

Pittsburgh Stock Exchange
MONTHLY AND YEARLY RECORD

EXCHANGE

RANGE OF PRICES ON PITTSBURGH STOCK
»

January-

_

Shares,

1939

Jan. lto.Deo.-31

—

—

1,373,537

Jan. 3

12 Months
1939

BONDS

STOCKS

Shares

8hares

Preferred

263
23

1,092
5,816
4,551
13,396
8,691

52
463

1,207
142

16,679
2,300
3,728
788
196

105,709
6,724
47,076
1,705
1,598

Preferred

Carnegie Metals
Clark (D L) Candy
Columbia Gas & Electric--

175

""155

2,126
1,457
6,379
18,961
1,265
5,076
57,735

""§55
2,626
100

Co--

Byers (A M)

30

Consolidated Ice Co
Preferred

Copperweld Steel
New
Crandall McK & Hend
Devonian Oil

Duquesne Brewing
Electric

1,375

"""15

264

465

1,180
408
59
150
25

"458
547

Products

2,117 Reymer & Bros common
1,412 Ruud Mfg.
60,377 San Toy Mining

50

25,950 Shamrock Oil & Gas
Preferred
247

T.556
50

557

Preferred

770 Standard Steel Spring---

6,633 United Engine & Fdy
2,340 United States Glass
355
Votiug trust certifs
4,248 Vanadium Alloy Steel
10,593 Victor Brewing Co
660 Waverly Oil Works A
27,709 Westinghouse Air Brake
8,105 Westinghouse El & Mfg

375

1,720

"651
134

Lowest

Highest

Sale Prices

Sale Prices

Jan.

Jan.

9

112

Nov. 16 112

25 110% Jan.

25

110

July

9 113

18% Jan.

12%

*

Sale
Sale

55c

6%
7%

75c

35c

30
30

Sale

22

40% Jan.
11% Jan.

27

13

Jan.

8
3
11

11

40c

Jan.

5

12

Sale

12

50c

30c

Sale

30c

Jan.

6

—

5% Jan.

4

6% Jan.

5%

20

Jan.
Jan.

26

25c

25c
—

1

2

18

18%

16

12%

12%

11
5

8%
90c

3%

3

9

12

10%
Sale

17

11%

25

*70"*
9

55c

4%
2%

75

84%
10

9%
60c

Sale
10%

18

5

Jan.

8

11

Jan.
Jan.
Jan.

12

5

1% Jan.

18

12% Jan.

10

12% Jan.

1%

1%

88

Sale

9% Sale

5% Sale
1%
1%
7%
7%

2%

1
100
10

2%

5
lc

2%

1%

29

31

8%

5

20

Jan.

32%
35c

1
*
1
*

25
25c

ik

84% Jan.
9% Jan.

2
12

10

Jan.

31

10% Jan.

3

88

5

Jan

1 % Jan.
6% Jan.

2
19

18

5% Jan.
1% Jan.
7% Jan.

31
3
9

12
12

20

2% Jan.
33% Jan.
5% Jan.
27% Jan.

18

10

Jan.

18

Jan.
99% Jan. 17 102
8% Jan.
6% Jan.' 18

1%
32%

1%

1%
34

5

1% Jan.
32% Jan.
4% Jan.

6
29
12

Jan.

Jan.

2
4

.1%

Sale

60c

75c

35c

4
•

———-

lc

2c

2

1%

Sale

65

50c

1%
2
5% Sale
lc

2%

Jan.

12

2

Jan.

12

5% Jan.

25

5% Jan.

30

2

6

Apr. 10

Feb.

6

Mar. 16

Mar. 16

5

June

Jan.

6

Jan.

Nov.

■2

65

80

Jan.
Jan.

23
9

2% Jan.

10

Jan.

9

65

28
8

June 28

Mar. 11
Jan.

21

Sept. II

Jan.

26

Jan.

3

Dec. 30

Jan.

9

Sept. 18

1
July
7% Apr. 10

Nov. 17

I?*

Jan.

Dec.

Dec.

20c

30c

30

32%

30

Jan.

30c

20c

30c

20c

Jan.

18
12

33% Jan.
25c
Jan.

4
17

3

3

23% Sale

Sale
Sale

23% Jan.

106% Jan.

19 28% Jan.
23 117% Jan.

6

6
July 17
Sept. 7
Sept. 29
Oct.

19

July

26

Sept.

30

7
27% July
4
Apr. 10
6
July
11

Feb.

Mar. 28

20
20

-Feb.

20
19
7
Dec.
1

Jan.

19

Jan.

1%

Oct.

27

Jan.

Apr.

10

May

17

22
3

13

I*

Apr. 101
1
May
Oct. 30

90*

Apr.
Sept.
May
20
May
18% July
50c
July
2
May
5
May

Sept. 12

Sept.
13% Sept.
May
116% Mar.
"* Sept
32

Jan.

30

23
80c
3
8
2c

Jan.

4

1% June
50% Mar.

75

26
20
12
7

12
4

Sept 20
Oct. 19
28
Jan.
25
Feb. 21

Jan.

July 15
Sept. 13
Dec.

12

7% Dec. 12
7
40% June
35% Oct. 26
80c
Sept. 19
75c
Sept. 15
38% Sept. 25

Mar.

Jan.

50c

55c

33%

26%

7

Jan.

25*

25% Apr.

Sale
55c

27

Sept. 11
Feb. 17

Jan.

Mar.

60c

1%
29%
118%

July

3

24

1

4

5

Dec.

5

6%

6%

2
14

Feb.

lc

2c

2

2c

8

Dec.

Apr.

2i*
1%
32%
Sale

29

Sept.

July

90c

45

5%

*
5

Oct.

June 30
Apr. 10

10
5

Jan.

3

7

10

50

1

Jan.

Nov.

lc

8% Sale

*
5
-1

Jan.

25% July

13

25

1%

60c

2lc*

16

Sept. 2
6
Apr.
6% Apr. 11

17% Jan.
11% Jan.

2

10

——

25c
5

4

Feb.

May
May

8

5% Jan. 10
33% Sept. 6
8% Sept. 1
J* Apr. 11
68% Sept. 29

50c

Sale

Dec.

15

10

1% Jan.

16%

1% Sale
6%
7%

5%

7

Jan.

17

22

2

16

1%

Sale
2%

19%

27%

26
10

5

18*
29

Sale

Jan.
Jan.

25c
1

5%
18%

1% Sale

12%

2
4

16%
17%
11% Sale

Sale

14

10

5% Jan.
7% Jan.

Jan.

14% Aug. 24
2
Aug.

112
2

Nov. 16

31 110% Dec. 21

3

15% Jan.
6

5

*
50

Jan.

2

10

5% Sale
6% Sale

7%
Sale

*

1

Jan.

7

30

Sale

10

10

5

2

30

Jan.
Jan.
Jan.

37

100

*
*
10

3

Jan.

*

*
*
10

21% Jan

Jan.

11

1
*

15

112%

112%

37

Follansbee Bros pref
Fort Pitt Brewing

665 Plymouth Oil Co.
3,495 Renner Co
250

113

--10
_*

10
73,909 Mountain Fuel Supply—
33,817 Nat Fireproofing Corp com.-5
*
1,397 National Radiator Corp
960 Penn Federal Corp common. - *
146
4%% preferred
50
1
5,794 Phoenix Oil preferred
*
4,125 Pittsburgh Brewing-Preferred
*
6,407
100
2,055 Pittsburgh Coal Co com
Preferred
100
1,857
1
1,135 Pittsburgh Forgings
5
3,059 Pittsburgh Oil & Gas
25
3,727 Pittsburgh Plate Glass
.*
19,112 Pitts Screw & Bolt Corp
*
1,456 Pittsburgh Steel Foundry
Preferred
100
115

4,100
3,492

Highest
Sale Prices

110% Jan.

Sale

27

100

*
70,316 Lone Star Gas__
3,270 McKinney Manufacturing---*
5
90 Mesta Machine Co

13,607

Lowest

113

100
1
139 Harbison-Walker Refrac com.*
35 Horne (Jos) common
100
290 Jeannette Glass preferred
100
120 Jones & Laughlin St'l pref-.100
3,744 Koppers Gas & Coke pref.-100

1,646

Ask

Corp—

Preferred-

Armstrong Cork Co
Blaw-linox

Ask Bid

Par

:

Arkansas Nat Gas

Bid

108%

12,623 Allegheny Ludlum Steel

390

Ask

Sale Prices

Jan. 31

Jan. 2

1939
Bid

$
8,000 Independent Brewing 6s_.1955
—1949
7,000 Pitts Brewing 6s

•Wco 00 00 00

YEAR 1939

Price

STOCK EXCHANGE

fJanuary

RANGE FOR

PRICES IN JANUARY

PITTSBURGH

SALES

$14,000

15,000

Jan. 1 to Dec. 31

AGGREGATE

In

1938""

1939

1938

1,195,872

-

1939

$7,000

January.

94,606

86,766

1940

Bond Sales—

1939

1940

Stock Sales

-

Sept.

22% Aug.
20c
July
1
July
18
Apr.
83% Apr.

40c
3

Jan.

20

Nov. 28

37

Sept. 27
119% Sept. 12

UNLISTED

6,662 Pennroad Corp vtc

191
No par

value,



N.

x

Ex-dividend.

1

1% Sale

-

—

1% Sale

1% Jan. 22

2% Jan. 15

1% July

3

3% Sept. 2

In the earlier part of this
he country,

publication complete records of

for the latest month and for the calendar

General Quotations we

combine in

only those dealt in

the

on

one

year

the dealings

date,

to

on

the leading stock exchanges of

In this department of

furnished.

are

comprehensive whole, securities of all classes and descriptions,

inactive

exchanges, but also leading unlisted and

index to the different classes of securities
Pag®

Page

Page

Exchange Seats..

84

Joint Stock Land Bank Securities........

84

Railroad Stocks..

92

Mining Stocks

85

Real Estate Bonds..__...

Foreign Government Bonds

93

Municipal Bonds—Domestic.

92

Real Estate Trust and Land Stocks

....

Industrial Bonds......................

81

Industrial Stocks.

85

........ ......

Insurance Stocks

......

..............

are as near as

.....

Canadian

Public

Investing Companies Securities.......... 72
Quotations for all securities

....

Utility Stocks..

Railroad Bonds

possible for the

......,I„wr....l0l

......

..........

.......

Textile Stocks

Title Guarantee and Safe Deposit Stocks.

...........

no

are

Quotations for guaranteed stocks

based

on

average

85

United States Government Securities.....

92

67

United States Territorial Bonds.....

92

...

closing day of the month preceding the date of issue.
In the

of the price, and

of income bonds and bonds in default, the price is

case

designating mark is employed to indicate the fact.

Quotations for equipment bonds

85

78

The letter "f" prefixed to bond prices denotes that the quotation is a flat
price—that Is, that the accrued Interest forms part

therefore the purchaser does not have to provide for it separately in making payment.

always "flat," and

81

....

73

...

71

............

...

94

Public Utility Bonds.......

....100

an

quoted:

Federal Land Bank Bonds...............
.....

not

The following is

securities.

j
i

maturities.

"and dividend" that is the accrued dividend must be paid in addition to the price.
It should be borne in mind in the use of these tables that the
quotations for many inactive and unlisted securities are
are

merely nominal, but in all

cases the

figures

are

obtained from

which are considered reliable.

sources

The following abbreviations are often used, viz.: "M" for
mortgage, "g" for

dated "conv" for convertible, "s f" for sinking fund,
The black-faced

gold, "gu" for guaranteed, "end" for endorsed, "cons" for consoli¬

"1 g" tor land grant, "opt" for optional.

type in the letters showing the interest period indicates the month when the bonds mature.

NOTICE—All bond prices are "and interest" except where marked "f" and Income and defaulted

Bonds

Bid

RAILROAD BONDS
Aberdeen AAaheboro 1st 5s'40JAJ f
Adirondack 1st 4Mb 1942 gu MA8
Akron A Barb Belt g 4s 1942. JAD
Akron Oanton A Youngstown—
Gen A ref 6s 1945 series A. AAO /
Gen A ref 5Mb 1945 ser B.AAO f

Ask

25

JAD
Alabama Tennessee A Northern—

1st mtge g 48,

40

39
39

Ref A gen 5s ser D 2000—MAS
Certificates of deposit.
Ref A gen 5s ser F 1996--MAS
Certificates of deposit...
Convertible 4Ms, 1960
FAA

IX

86M
77 M
66 M

i4ol*

American Refrlg Transit—

1.75%

98 M

105 H

86 M
92

.JAJ

mtge 5s '50.JAJ

42

f?*

&

Certificates of deposit
Tol Cinn Div ref 4s A '59--JAJ
Eq tr 4 Ms ser D 1941
JAJ
Eq tr 4Ms ser El940-42.-AAO

Eq tr 4Ms ser F 1940-44.-MAN
Bangor A Aroostook—
1st M 5s g Jan 1 1943
JAJ

3.25

45 M
45

44 M

50
3.00
3.25

53 M
2.00%
2.25%
2.40%

100

99 M

Cons refund

g 4s 1951
JAJ
stamped 1951
Ptecat Div g 5s Jan 1943—AAO
Van Bur Ext 5s g Jan '43.AAO
Battle Or A Sturgis gu 3s '89.JAD
Bay City A Battle Creek—

65M

3s

67 Ji
95

94
94

95
95

75 M

10-yr coll tr 5s May 1 '45. MAN

72

Lota A Nashv 4s Oct 1 '52.MAN

65 M
2.00

74
66

1.50%
1.50%
2.00%

Atlantic Coast Line of S O—
Gen 1st g 4s July 1948—..JAJ
Atl A DanvilK 1st 4s 1948
JAJ

95

98

40

40 M

2d g 4s 1948
JAJ
Atlantic A Yadkin gu 4s '40.AAO
Aug Term 1st gu g 6s 1947.. AAO
Austin A Northwestern—

33

34

57 M

59

102
86

85 M

20

67 M
87 M

4Ms impt 1978—
..FAA
1st mtge 4 Ms ser A 1943.-AAO
3 Ms Jan 1 1951
JAJ
Ref 3 Ms 1952 gu N Y O—AAO

53*

11*

51

53"

51

53

45 M

46

46 M
45 M

AAO
.....JAD

45M
44M
44 M
44 M

JAJ

44M

45

Boston A Maine RR—
1st mtge 5s ser AO 1967...MAS
1st mtge 5s ser II1955
MAN
1st mtge 4 Ms ser J J1901—AAO
5a series AA

1944......

5s series DD 1945
5s series FF 1947
5s series Q

MAN

45 M
45 M

47 M
45

MAS
MAN

45

MAS

...AAO

JAJ

72

74

Buffalo Rochester A Pittsburgh—
Con g 4 Ms 1957
.—MAN
Certificates of deposit
Buff A Susquehanna RR

36M
36M

39

65

70

5
5

6

...

47

45
44 M
44 M
44 M
44 M

Cambria A Ol'field 5s g *41—JAJ
Gen M g 4s 1955
FAA
Cambria A Indiana RR—
Equip trust 2 Ms 1940-47—AAO
Canada Atl Ry 1st 4s 1955—JAJ
Canada South 5s 1962 ser A AAO
Canadian National Rys—

guar 2

Ex-interest.




/ This price includes accrued interest.

* Last sale.

46 M

II*
46
'

45 M
45 M

Ms 1946

37 M

16-year

guar

8M

102 M
99 M
2.00
81
84

100M

1.50%
83
84 M

78
77
76 M

79

78 M
76 M

JAJ

MAN
FAA

78
73

80

75

JAD
JAD

75M
74

76M

FAA
JAJ

74
71

72

MAS

1950

3s 15-year gtd 1953
3s 15-year gtd 1959
4Ms guaranteed 1951
4 Ms guaranteed 1956

99

FAA

99

76 M
99 M

H

100

4 Ms guaranteed 1957
JAJ
4 Ms guaranteed 1955
JAD
5s 15-yr. guaranteed 1954-FAA

99 Vs
100 M
89

100 M

5s guaranteed July I
5s gtd Oct 1 1969
5s guaranteed 1970

101 %
103 M
103

102

1969 JAJ
AAO

FAA

Equipment trusts—
4Ms series J 1910-42...MAN
5s series K 1940-1944..MAN
4 Ms serie8 L 1940-1945.JAD
2Ms series O 1940-1947-FAA
2 Ms July 1 1940-1949
Canadian Nor deb 6 Ms *40..JAJ
Canadian N W 4 Ms Oct 22 1943
Pacific Ry—

2Ms coll trust 1941
—AAO
3s serial coll tr 1940-41.._FAA
3s conv coll trust 1945.—.AAO
3 Ms conv coll trust 1951—FAA
4s conv coll trust 1949
JAJ
4s

cons

deb

(perpetual)

4 Ms secured ctfs 1944
4Ms coll trust 1946.

4M» coll trust

1960

5s coll trust 1954.
6s conv coll trust 1942

g*
n

JAJ
F&A
FAA

3s guaranteed 1944

4Mb
e

84

Corp—

1st 4s Dec 30 1963
JAJ
Burl Cedar Rapids A North—
Con 1st A coll tr 5s g '34..AAO
Certificates of deposit

Equip trust 5s 1944
6 Basis,

41M

3.25

101H
91
104

104

325

2.50%
2.50%

3.25

2

.ou

70

3.25 %
3.25 %

110M

110M

101

103

M Canadian

88

MAN

5s series Z 1943.........MAN
Mtge 4Mb 1944--..
JAJ
Mtge 4s 1942
FAA

Mge 3s 1950

w*

MAN

5s series U 1941..
5s series V 1942
5s series W 1942...

18

3s

84

9M

43"

3s 15-year gtd 1952
3s 13-year guar 1950

JAJ
JAD

6s series R 1940
5s series S 1940
5s series T 1941

86

84 M

90

8M
80
14

7-year

70

2.25%
3.00%
2.50%
2.50%

41

52

45"

Boonvllie St L A Sou 5s '61.FAA

...

FAA

3.25
3.75
3.50
3.50

Boston Rev Beach A Lynn—
1st m 4Mb Juy 15 1947—JAJ15
6s ext to Jan 15 1947
JAJ
Boston Term Co 3M« 1947—FAA
4s1950
JAJ
Buffalo Creek 1st 5s 1941
JAJ
1st ref 5s 1961
JAJ

40

38

Boston A

Albany 5s Oct '63

1st mtge gu g 4s 1955
Bost A Prov deb 5s

2s guaranteed 1942
2s guaranteed 1943
Guar 7-year 2 Ms 1944

1.50%

58

85 M

15*

25

2.25

35

76

JAJ

25

15M
14M

1.00%

57

1st mtge gtd g 5s 1941

24 %
24

1.70
109

80

2.50

25
25

Equip tr 2Ms 1940-1947—MAS
Big Sandy Ry 1st g 4s 1944—JAD
Birmingham Southern—
Equip trust 3Ms Dec. 1 1940-46
Birm Term 1st g 4b 1957 gu.MAS

75

JAD

*

100 M
1.00%

~

Irred ctfs of indebt 5s

a

24 I

105 M

97

2.00

26
24

JAD

4s June 1 A Dec 1 1940-49
4Mb 1940-1943
AAO
5s 1940-1944
MAN
Boston ANY Air Line—

July 1 1938

Belvidere Del cons 3 Ms 1943. JAJ
Bessemer A Lake Erie—

96

114

b
Equipment trust 4Mb-Eq 4Ms 1940-41 E (yr).-FAA b
Eq tr 2M> 1940-52
AAO b
Atlantic Coast Line (Conn)—

25

27
27

57

5s June 1942

73

I!*

24

109 H
108

93

Atlantic City 1st 4s 1951
JAJ
1st 5s sxt May 1 1954
MAN
Atlantic Coast Line RR—
1st cons 4s July 1 1952...MAS
Gen unlfser A 4Mb 1964-.JAD

52 M

103

lot M 6s 1944 ser B_
JAJ
Atlanta Knoxville A Northern—

1st mtge gold 5s 1946—..JAD
1st cons 4s Mar 1 2002...MAS

67 M
53 M

52 M
24

MAN

Certificates of deposit
S'west Div 1st

67

1989JAD
Bedford Belt 1st 5s 1938
JAJ f
Beech Crk Ext 3M* 1951
AAO
Belt Ry of Chatt 1st 5s *45—JAJ

Atl A Blrm.
See Seab'd Air Line
Atlanta A Charlotte Air Line—

A

Certificates of deposit
P L EAWVa Sys ref 4s*41

68

4s

n*

ser

deposit

Ref A gen 6s ser O 1995--JAD
Certificates of deposit...

_

1944

4Mb 1939.FAA

11M

Alabama A Vicksburg Ry—
81
1st M g 5s 1974
rieb A
MAN
85 M
Albany A Susq 3 Ms fit 1940..AAO
Alleghany Oorp—
77
Coll tr conv 5s 1944......FAA
66
Ooll A conv 5s 1949
..JAD
5s stamped 1950
AAO / 44
105 M
Allegheny Valgen 4s 1942—MAS
Allegheny A Western—
1st mtge guar 4s 1998—.AAO
59 M

1st M 4M!

sec notes

107 M

* 10M

3 Ms 1940-1944

SI**

Certificates of

Ask

Equipment trusts—
-66M

5-year

Bid

Boston A Maine RR (Cont)—

July 1948.-AAO

Ref A gen 5s series A 1995. JAD
Certificates of deposit..

107 M

2.50
Equip 5s ser P, G A H, 'dl-MS b
Ann Arbor 1st g is 1995
45 M
Q-J
Ark A Mem Ry Bridge A Tor-m¬
ist M 5s 1964
MAS
95
Aroostook Nor 5s g 1947-.—AAO
92
Atchison Topeka A Santa Fe—
Gen mtge gold 4a 1995
105 M
AAO
Adjustment 4s July 1 1995 Nov
Stamped
MAN
Conv g 4s of '09 due 1955. AD
Conv g 4s '05 due 1955.-JAD
92"
Conv g 4s of TO due 1960. JAD
95 M
Conv deb 4Mb 1948
.JAD
102 H
Trans 8 L 1st g 4s 1958—JAJ
Cal-Ariz lstAref4M8'62 opMAS
107 M
100 M
Rocky Mt Dlv 4s 1965
AJ
1.70
Eq tr 2 Ms 1940-1949
MAN 6
Athens Term Ry 1st g 5s '37--JAJ f
25

Bonds

Ask

78

1st mtge g 5s, July 1948--AAO
Certificates of deposit

109

A...JAD

Bid

Baltimore A Ohio—

77
99

Alabama Great Southern—
1st cons g 5s 1943 ser
1st cons 4s 1943 ser B

Bonds

Augusta Union Sta 4s 1953—JAJ

bonds.

Nominal.

r

A

1940-1945

JAJ
JAD
MAS
JAJ
JAD

MAS

81M
98
69 M
69 M

71
63 %
83

73 M
80
83

M

JAJ

104M

JAD

3.00

Payable in Canadian funds.

RAILROAD BONDS

68

NOTICE—All bond price* are "and interest" except where marked "f" and Income and
Quotations for all securities are as near as possible for the closing day of the month preceding

Bid

Caro Cent 1st g gu

4s

OaroClinch & Ohio 6s

1949--J&J
52-J&D lo

50

f

110

.108%

Adirondack-1st mtge guar g 4s 1981—
Catawissa RR g 4s 1948
A&O
Central Arkansas & Eastern
■

Bonds

Ask

43

Bonds

Carthage &

1st 5s 1940
Central Branch Union

52%

152%

103
20

Pacific¬
25

16%

ist 4s 1948-J&D
Central of Georgia—
1st M g 5s Nov 1 1945——F&A

33

gold 5s 1945- —----M&N
5%s 1959 ser B-A&O
5s 1959 ser O—A&O
Equipment trusts—
a
4%s series P 1940---M&S
4%s series Q 1940---—M&N
4s series T 1940-1952—-J&J
Chatt Div gold 4s 1951---J&O
Macon & Nor g 5s 1946-—J&J
Mid Ga & Atl 1st 5s 1947--J&J
Mobile Div g 5s 1946J&J
Oconee Div 1st 5s 1945—- J&D
Cent New Eng 1st gu 4sl961 J&J
Central of New Jersey—Gen M (now 1st) g 5s 1987-J&J

7%
3%
2%

Cons

Ref & gen
Ref & gen

1.75%
1.75%
3.50%

Eq tr 4%s

1940-'41

Guar g

67

1954—A&O
F&A

~

1946

1st 5s

Chatt Rome & Sou

1st 5s '47

J&J

1944
1945
1946

notes,
notes.

2%s
2s

.

.

103%
100%
101%
102%

4s

M&N

—J&D

1.65
1.70

1.70

0.50%
1.00%
1.00%
1.00%
1.00%

100

107
106

1?89_-------J&J

109%

111%

118

106

Val 1st 5s g 41-M&S
5s '55--F&A
Chicago & Alton RR—
Refunding g 3s 1949——A&O f
Chicago Burlington & Quincy—

103

2%

14%

14%

1958----------M&S
1st & ref 4 % s ser B 1977 - F&A
1st & ref g 5s 1971 ser A--F&A
Illinois Div 3 %s'49 op 29.J&J
4s July 1 1949
-J&J
Eq tr 2 %s 1940-1947
A&O

90

Gen M 4s

81

87%
95%
99%
1.20%

.

Chicago & Eastern 111 (new colGen M 5s May 1951
M&N
Certificates of deposit
—

17

16%

Chicago & Eastern Illinois—
1st consol 6s gold 1934-__A&O

82 M&N
1959.M&S

94

Equip tr 4%s "A" 1945--A&O
Chicago & Illinois Midland Ry 1st mtge s i 4%s ser A 56 M&S
104%
Chicago Indiana & Southern Ry—Con mtge g 4s 1956 guar—J&J
Chicago Indianap & Louisville—
14
Ref M g 6s 1947 series A... J&J
Ref M g 5s 1947 series B_—J&J
13
Ref M g 4s 1947 series O—-J&J
12%
1st & gen 5s 1966 series A-M&N
6%
1st & gen 6s May '66 ser B.J&J
6%
3.50
Equip tr ser E 1940-1944.A&O
Monon Coal—
Non-cum inc 5s 1955(w-s)___ /
12%
Chic Indianapolis & St Louis—
Short Line 1st 4s 1953
A&O
63
Chic June RR 1st 4s 1945. .-M&S
106
Chic June Ry & Un Stk Vds—
Coll tr ref 5s 1940—
A&O
100%
Coll trust ref 4s 1940
A&O
100%
Chicago Lake Shore & Eastern—

1969 opt

1919.J&D

Chic Milw St Paul & Pac

:i!?h
27
4%

RR—

-

'

6%
1%
23%
21%
24%
24%

"

GenM4%s'87 stpd inc taxM&N
GenM4%s*87 stpd InctaxM&N
15-year 6%s Mar 1936—-M&S
1st & ref os May 2037—-J&D

b
b
b

4.75

/
/
/

12

f

15

/
/
f
/
1st & ref 4%s May 2037
J&D /
1st & ref 4%s May 2037 O J&D /
Oonvg4%s 1949 ser A...M&N /
Equipment trusts—
■
4%s series U 1940-43--M&N 5
4%s series V 1940-44—F&A 6
4%s series W 1940-44—M&S b
4 %s series X 1940-45--F&A b
2%s Dec 15 1940-1949
6

cons

103

26%
2.50%

1st

cons

63%
18
16

"7"
7%
2.50%
15

49%

54

101
44

511
71

6%
5.00

(s-a)-M&S

51

50%

7
4.00«

783

11"

17

25

gold 4s 1950
J&J
ref 4 %s '52 opt—M&N

Proof of claim filed

96%

1.50'
99

Amended

1st

4%s 1982

con

2

Proof of claim filed

j

110%
110%
65%

110%
110%
75

_

J&D

75

80

47

s*

62

65

50%

M&N

100%
95%

106%
109%

105

104%

10%

J&J

100"M

103

J&J
..J&J

55%

61

13

17

-

8

10

8

1948.J&D
Georgia Carolina & Nor—
Ext at 6% to July 1 1934-—
/
Georgia & Florida RR—
1st M 6s 1946 series A
M&N

23

4s.- .-

80

81""

58

60

89%
79%

90
80

72%

73

2.25

1.75%

5

2%
2%

Certificates of deposit
Georgia Fla & Ala 1st 6s '52.F&A
Georgia Midland 1st g 3s *46.A&O
Ga RR & Bkg ref 6s 1951—A&O
4s Jan 1 1947
J&J
Ga Sou & Fla 1st g 5a 1945
J&J
Deb 5s 1952
—A&O

5

113

100%

Goshen &

109

10244

J&D

*41

Girard Point Sfge

100"

,

106%
108%
105%

Dodge Des Moines & Sou—

1st 5s 1938...
Fort St Un Dep Det 4 %s
Genesee River 6s 1957

Ga & Ala 5s Oct 1945
Ga & Ala Terra 1st g 5s

101%

J&D

Fort

3%
2%

2

Certificates of deposit..

5
'

41

100%
45%

102""
47

20

3%s '40—A&O
Deckert'n 1st 5%s 1978

45

45

M&N

2nd ext 6s 1979

7
43

Gouvernour & Oswegatchie—
1st 5s 1942—
J&D

27

Grand Rapids & Indiana—

104%
102%

J&J

1st 4%s 1941
1st 3 %s 1941

Grand River Valley—See
Grand Trunk Pacific—
1st M 3s 1962

J&J
MIchig

an

Cen tral

J&J

96
89

95

(Mountain and Prairle)4« 1955

87

(Lake Superior) 4s 1955
1st 4s Feb 15 '42 Alb gu.-M&N

101

93
103

Gen 4s 1962 Can Govt

106%

106

108

gu—J&J

15

1980-M&N

30%

Deposit 4s 1940—F&A
Columb & Hock Val 4s 1948. A&O
Oolum & Toledo 4s 1955
F&A
Concord & Claremont 5s '44.J&J

101*

91

Grand Trunk Western—

1950.
J&J
Eq tr 5s Dec 14 1940-*43 (yr)-Grays Pt Term g 5s 1947
J&D

I960-Colo & Southern 4%s

-J&J

—

Col & Pt

Connecticut & Passumpsic

1st gold 4s

1st g gu 4s $ July 1

75
3.00

—

75

78

2.50%
86

Great Northern—

l\iH
85

A&O
1943.—M&S

89

Connecting Ry (Phila)—
111

15 51-M&S 15
-M&S
Consol Rys (N H) deb 4s '54-J&J
Deb 4s 1955
-J&J
Deb 4s 1955
A&O
Deb 4s 1956 guar....
J&J
Cuba Co extend 3s 1955
.J&J
Cuban Nor Rys 1st 5%s, '42 J&D
Cuba RR 1st g 5s 1952
J&J
7%s extended to 1946—.-J&D
6s extended to 1946-------J&D
Imp & equip 5s 1960
M&N
Danbury & Norw ref 4s 1955.J& J
Dayton Union Ry 1st 4s *49-J&J
Del & Bound Br 3%s 1955-.F&A

112

117

1951

11

16*

11

11
11
2

17%
3%

30%
35%
41%

w*

32
'

33%
33%

32%
14

36
43

96

59%

J&J

91

83
4%s 1976 series D
J&J
Gen 4%s 1977 series E
81%
J&J
100%
Gen mtge 4s ser G 1946
J&J
Gen mtge 4s ser H 1946
90%
J&J
73
1
Gen mtge 3%s ser I 1967—J&J
1.80
Eq tr 2s 1940-1947
M&S
1.00
Eqtr4%s 1940 D(yr)_.__ J&J
Western Fruit Express—
1.00
Eq tr 4%b 1940.
J&D b
Greenbrier Cheat & Elk—
1st 5s 1944.
W

J&J
Va Midland Ext 5* '54-J&J

Greenbr Ry 1st g gu 4s

'40.M&N

Green Bay & Western—
Debenture ctfs A Feb

60

99

92
84

84%
101

91%
73%

1.20%
0.50%

0.50%

82

102

58

8%

8
48

50
86

Gulf Mobile & Northern—

B

A&O

80

1st 5s 1950 series C

A&O

79%

1st

3.25 2.50%
Equip trust 4s Apr 1 1940-'49— b
Denver & Rio Grande—
9%
1st con g 4s 1936--——.-J&J
10%
1st con g 4%s 1936
J&J
114
28% Denver & Rio Grande Western3
2%
Gen income 5s Aug '55—F&A
6
2%
2%
Assented subject to plan.—
5%
5%
Ref & impt 5s 1978 ser B—A&O f
6%
3.75 3.00%
Eq tr 4%s 1940-*42 (yr)„M&N
1%
3.75 3.00%
Equipment trust 5s—...
25% Denver & Salt Lake Ry—62
63%
Inc mtge 6s Jan 1 1960-An Apr
21%
95%
1st 4s 1950
—---------J&J
25%
Des Moines & Fort Dodge—
25
5%
3%
Ctfs of dep for gtd 4s 1935-J&J
25
50
3.25% Des Plaines Val 4%s 1947--M&S
40
54%
4.00% Det & Mack 1st lien 4s 1995-J&D
35
25
2nd Mort. gold 4s 1995—J&D
4.00%
4.00% Detroit Terminal & Tunnel—
99
99%
1st guar 4%s 1961
M&N
12% Detroit Toledo & Ironton—
105
102%
1st 5s Mar 1 1964---J&J
14%
2.10 1.60%
Eq tr 2%s 1940-1947
M&N
18%
15% Detroit & Toledo Shore Line—109%
107%
1st gold guar 4s 1953
J&J
14%
102

106%

92

49%

Debenture ctfs B Feb---,
/
Guantanamo & Western—
1st M 6s 1958 series A
J&J

99

Hudson—
1st & ref gold 4s 1943
M&N
Delaware Lackawanna & Western

Gen M 5%s 1952 ser
Gen M 5s 1973 ser O

105%
98%

Gen

42

1st M gu 48 Mar

'41 .J&J
B
J&J

1st & ref g 4%s '61 opt

Rivers

1943.

Conn River gold 4s

30%

Delaware &

107%

15%
2.00%
2.50%

101

Florida Southern gu 4s 1945.J&J
Florida West Sh 5s 1934
J&J
Fonda Johnstown & Gloversv—
Gen ref

65

1st 5s

104%

3.25

y.i

J&J

5s gold 1943

Eq 4%s 1940-'4l H

46%

64%

5s

4.75

4.75

13
14

"8%
16%
8%
8%
8%
3

'

14%
17%

llf
9

3%

Piscataquis 4 %s '49—J&J
Iron Range—
1st mortgage 3%s 1962-—A&O
Duluth South Shore & Atlantic—
1st gold 5s 1937-..-------J&J
Dutchess Co RR 4%s 1940--J&D

Dext &

5%s 1950

ser

Secured notes 3s 1941-1945-J&J

Equip tr 2%s 1940-1946—J&D b
Gulf & Ship Island RR—
1st ref & term g 5s Feb '52. J&J
Stmpd (July 1 1933 cpn on).

80%

87

2.10

1.65%

93

85%

—

—

Gulf Terminal of Mobile—

East Penn

3.25
3.25
3.25
3.25
2.501

2.25%

1st 4s

1958—..M&S

East Tenn & Western

2.25%
2.25%

lst stamped

4s 1957 gu.
J&J
Harlem R & Portch—See NYN H & Ha

1st mtge

Joy & Lane RR
J&J
Hoboken Ferry 5s 1946
M&N
Hocking Valley 4%s 1999
J&J
Holidaysburg Bedford & Cumb
1st M g 48 1951 guar—
J&J
Holyoke & West 4%s 1951—A&O
Housatonic con 5s 1937
M&N
Ext

4s

n

Nominal,

r

1943

108
47

52

122

123

96
17

44

50

46%

48

14%

14%

Hudson & Manhattan—

1st gold 5s 1957 opt

F&A

Adj inc up to 5% Feb '57-A&O
1st M 4%s 1957 conv
F&A
Huntington & Broad Top Mt
RR & Goal extend 6s 1940 A&O f.
Extended 5s 1940
A&O

47

4
%

Illinois Central—

1st

gold 4s 1951—----—J&J
1st gold 3%s 1951
J&J

85
85

13

80

88

91

85

12%

1st extended g 3%s 1951--A&0
1st g 3s sterling 1951
M&S
Coll trust gold 4s 1952
A&O

107%

102%

Ref g 4s 1955 opt 1918—M&N
Pur liens 1st g 3%s 1952--J&J

85

|.25%
k Last sale,

rtford^

Harris Ports Mt

N C—-

5s 1965-.---M&N

g

70

60

Duluth Missabe &

f This price includes accrued interest,




45%

Spr & Col Div 4s 1st g '40-M&S
White W V Div 1st 4s '40—J&J
Cleveland & Pittsburgh—
Ser A 4%s gen gtd 1942—J&J
Ser B 4%s gen gtd 1942.-A&O
Ser B 3%s gen gtd 1942.-A&O
Ser C 3%s gen gtd 1948—M&N
Ser D3%s gen gtd 1950.-F&A
Gen & ref 4%s 1977 ser A.F&A
Gen & ref 4%s 1981 ser B—J&J
leveShort Line4%s 1961--A&0
levSand Terminal & Valley—
1st 4s gold guar 1995
M&N
Cleveland Union Terminals—
lstsf 5%s 1972 series A.-A&O
1st M s f 5s 1973 series B..A&O
lsts f 4%s 1977 series O--A&O
Clinchfleld RR—
Equip tr 2%s ser A 40-52-M&S
Coal Riv Ry 1st 4s gu 1945. J&D
Coeur d'Alene& Pend Oreille Ry—

__

b Basis.

„

18
15

„

50-yr 5s 1975 series A
F&A
Conv adj 5s Jan 2000
A&O
Chicago Milwaukee & St Paul—
Gen g 4s A May 1 1989
J&J /
Gen g 3%s B May 1 1989-J&J /
Gen 4%s May '89 series O-J&J *
Gen 4%s May '89 ser E—J&J
Gen M 4%s May '89 Ser F. J&J

Equip trust 3%s 1940-53A&O
9-'43i
Eq 4%s '40-'4o E & F (yr)_J&J
Eq 4%s *40-'41 G & H (yr) J&J
Eq tr 5s 1940 ser B (yr)--F&A
Chicago & North Western—
Gen M 3%s g 1987
M&N
Gen M gold 4s 1987—.—M&N
Stmpd non-pay Fed inc tax. _
Gen M 5s '87 stpd inctax.M&N

12%

4s 1940—F&A

Clev Cine Chic & St Louis—

121

Chic Memp & Gulf 5s 1940--J&J
Chic Milw & Gary 1st 5s '48-A&O

13%

1st

75

J &J

„

Warm Spr

1st M 4%s

g

St L Div 1st col tr g 4s '90

105

Ohesterf & Lancaster

Chicago & Erie 5s 1st g
Chic Great West 1st 4s

cons guar

14%

Florida East Coast 4%s '59-J&D
1st & ref 5s 1974
M&S
Certificates of deposit

Ref & Imp 4%s ser E 1977-J&J
C W&M Div 1st4sg'91--J&J

_

1940-1947----------M&S

con g

1st

22%
19%
20%

Florida Central & Peninsula—

105%

45

'43_J&J

General 4s gold 1993
Gen M 5s ser B 1993

104%
104%

1.65

91%

107

Cleveland Akron & Columbus—

104

Craig Valley 1st 5s g 1940-J&J
Paint Creek Br 4s 1945—F&A
Potts Creek 4s 1946- — -—J&J
R & A Div 1st con g 4s 89-J&J
2d

89%
/

lstM3%sserD 1971
M&N
1st mtge 3%s ser E 1969--F&A

99%
99%
104%

99

1.00

91

A&O

Cl'field & Mah 1st gtd 5s

—--

1945-1949

90

106%
105%

2.10

-

is"

22%

.

M&N
A&O
Eq 4%s '40-'41 LL (s-a)_-M&S
Eq tr 4%s 1940-*43 (s-a)—M&S
Erie & Jersey s f 6s 1955
J&J
Erie & Pgh g 3 %s B 1940
J&J
3%s series O 1940
J&J

106

1942
M&N
Muskingum Valley—

Eq trust 2%s 1940-52
Northern RR 1 st 4s 1951

J&J

70
57

56%

J&J

Ref & imp M 5s 1967
Ref & impt M 5s 1975

Cincinnati Union Terminal Co—•

99

J&J
J&J

54

99%

105

-—J&J

Equipment trusts—4%s series W 1940—
4%s 1940-1945
3s 1940-1946.--

106%
106%

1st 4s 1948
F&A
Cinn New Orl & Tex Pacific Ry—

124

1943—--—J&J

notes,

106%

M&N f

om

51
51

stamped 1965

gold 4s 1953 ser A..A&O '
1953
A&O
Series D 1953
A&O

Cincinnati Lebanon & Northern—

2.50%

i*

Series B

65%

General 5s gold 1942
J&D
Cin Ind & West 1st 5s 1965-M&N

~~94~
28

,

75

61%
50%

1st consol gtd 4s

Chattanooga Sta

notes,

73

105

A&O

Erie prior lien g 4s 1996
Gen lien gold 4s, 1996

Cincinnati Hamilton & Dayton—

65

4s 1957 gu--J&J
Chesapeake & Ohio-—
General 4%s gold 1992 - _-M&S
Ref & imtp 3 %s D 1996--M&N
Ref & .mpt 3 %s ser E 1996 F&A
Ref & Impt 3%s ser F 1963 J&D
notes. 1940J&J
notes, 1941
J&J
notes, 1942
J&J

5s

3.00%

J&D
M&S

1st & ref M 4%s D 1932--M&S
Choc & Memph 5s 1949
J&J
Choctaw Oklahoma & Gulf—

Oinn &

——_"A&G

-

4.50

_

South Carolina—

Charleston^H^lerAOar^na—

El Paso & Southwestern RR—

A&O
J&J

Consol gold 5s 1952

104
106

1.50%

Conv

42

3.00

67

100%

1st & ref 5s 1965

49%

14 1940-1944 (yr) _ b

81

105%
2.00

Eq tr 2%s Dec 1 1940-49-Elmira & Williamsporc—
1st 6s 1910 ext at 4% 1950-J&J
Income 5s 2862
A&O
El Paso & R I 1st gu 5s 1951-J&J

53%

1st mtge 3 %s ser E 1963---J&J
Guaranteed 3%s 1951—M&S
Chicago & Western Indiana—
Consol gold guar 4s 1952.-J&J

63

102

1944—A&O

Columbia Ry 4%s

Elgin Jol & East 5s 1941...M&N

62%

1963—J&J

Guar 4s 1944
1st M 4s series D 1963

1st ref 6s 1940-1976
Central Vermont Ry-

Eq tr 5s Dec

B

ser

93

91%
106

Edmonton Dun vegan & British

7

Chicago Union Station—

18%
16%
1.50%

5s I960----

Central RR of

Sink fund 3s

1st & ref g 5s Dec 1'60 opt
Inc mtge 5s Dec 1 1960

46%

European loan 4s 4o-----l»&J5
Gentraf RR & Banking of GarColl tr 5s ext'd to 1942—-M&N

A&O

Chic Terre Haute & Southeast—

6%

(yr)—F&A

M&N

Eastern Ry of Minnesota—
Nor Div 1st g 4s 1948.

75

Eq tr 4 %s 1940-1944
A&O b
Chicago South Sh & So Bend—

7

Central Pacific—
1st ref 4s g guar 1949;..—F&A
1st g guar 4s Oct 1

5%
5%
6%
f
5%
2%
/
100%

East Tenn Va & Georgia—
Consol 1st g 5s 1956

Chic St Paul Minn & Omaha—

10
8

1987--———J& J

Gen M 4s

14%
17%
5%
5%

/
f
/
/
/

Ask

Bid

Bonds

Ask

Bid1

Chicago Rock Island & Pac Ry—
General gold 4s 1988
J&J
Certificates of deposit
Ref g 4s 1934optto 1911—A&O
Certificates of deposit
Sec 4 %8 1952 ser A
M&S
Sec 4% ser A certlfof dep. —
30-yr conv 4%s 1960
M&N
Trustee ctfs 3 %s 1947
Chicago St Louis & N O—
Con g 5s June 15 '51
J&D 15
Con g 3%s June 15 '51.J&D 15
Mem Div 1st 4s 1951
J&D

defaulted bonds
the date of issue

Payable In Canadian funds.

68

46%
46%
42

47

RAILROAD

FEB., 1940]

NOTICE—All bond prices are "and interest" except

69

BONDS

where marked "f" and income and defaulted bond*

Quotations for all securities are as near as possible for the closing day of the month preceding the data

Bonds

45 M
53 k
43 M

1

78 k
55

47

Eq tr 2ks 1940-54
Coll trust 3 Ms 1950

Coll trust 4s 1960
.J&J
Atl K & Cin Div 4s 1955--M&N

Mob & Mont 4 Ms

1.75

1.75
1.75
2.25

2.10
48 k
45

2.00%
1.00%
1.25%
1.25%
1.25%
1.75%
1 60%

105
103
80

100M

1st

5s

&

61

6

lk

b

2.75

25

-J&J /
4s *51 .M&S

6k
1k

&

2.25%
2.25%

88k
1

85

90

66

Non-cum inc 5s '35 ser A
Certificates of deposit

Jamestown

Frank & Gleartleld—

50M

Joplin Union Depot Co—
1st g 4 Ms 1940 guar opt.M&N

1st M 5Ms 1954 series A—A&O
Certificates of deposit

60

64

1st 5s 1956 series O
Certificates of deposit

45

50

Minneapolis & St Louis—
5s ctfs of deposit 1934
lsJb refdg gold 4s 1949

101

1st 5s June 1 1944
J&D
Kanawha Br & Ter 5s 1948.A&0
Kan a & Mich 1st 4s 1990--A&O
Kan City Ft Scott &
Ref g 4s 1936 guar.

52

105
107
88

Memphis—
A&O /

31

Certificates of deposit
/
Kan O Mem & Bir 4s 1934.-M&S "

Income 5s Mar 1934

30k

Sept 1

1st M 4 Ms 1956 series D..F&A
Certificates of deposit
Equip trust 4 Ms
Newport & Cincinnati Bridge—
1st M g 4 Ms 1945 guar
J&J
Newport & Richfor Is 5s 1941..

5s

70
68

107 M
97

Kentucky Cent 4s g 1987
J&J
Kentucky & Indiana Term RR—
list gold 4 Ms 1961
J&J
J4Ms stamped 1961
J&J
4Ms plain 1961
J&J
1st mtge 4 Ms unguar 1961-J&J

1st cons 5s 1938 gu
2d M gold 4s guar

98 M

106 M

ref 3 Ms 1997

1st mtge 5s 1954

Lehigh Valley—
1st gold 4s 1948
Con M 6s

ann

Irred

83
60
82

J&D

85

,

75

83 k

85

50"

40
109
87
b

Illinois

RR

4s

2

%

1ft

89

1.50%

cons

Mo-TUinois

m

m

45

J&D

66 M

4s assented 2003

M
16*
16

5s assented 2003

-

Lehigh Valley Ry of New York—
1st 4 Ms gold 1940
J&J
4 Ms assented 1940

-

Lehigh Valley Term 5s 1941 A&O
5s assented 1941.
ted

Lehigh & N Y 1st 4s 1945—M&S
Lex & East'n lstgu 5s 1965--A&O
Lincoln Park & Charlotte—
5s 1939
J&J
Lltchf & Madis 1st 5s 1959.M&N
Little Miami guar 4s 1962—M&N
Little Rock & Hot Spr West Ry—

19

18

18M

43

46

43

45 k

51k
51k
32 M
117M

3.00

13 M
13 k
6k

3.50

1st gold 4s 1939 guar
J&J
Long Dock cons 3 Ha 1950--A&O
Long Island—
Unified g 4s. 1949
M&S
Refunding mtge 4s 1949.-M&S
4s stamped 1949
M&S
Equip tr 4 Ms 1941-45 (yr) .F& A

88

90M

88 k

90

Louisiana & Ark 5s A 1969

J&J

84 M

Equip trust 3 Ms to 1946._ A&O

2.75

10

12

63

89 M

2.75

2.00%
84 k
2.00%

Louisiana & North West RR—*

28

16M

17 M

16

1st mtge gold 5s 1946
J&J
Louisville & Jeffersonvllle Bridge
Guaranteed gold 4s 1945.-M&S

25M
106

36

G—M&N

16k

18""

F&A

16k
16

1M
lk
1.75
2.50
3.00

2k
71

55
90

M&S /

27 k

28k

M&S

31M

Eq tr 4s 1940-1943
M&S
Eq 4Ms 1941-1942 (yr)._J&J15
Montgom Div g 5s 1947—F&A

3.50

2.75%

3.50
19 k

2.75%
22 k

52k

53 k




99 k

40

Monon Coal—See Chic Ind & Lou

Deb 6s Jan 15 *48 conv.. J&J15
Deb 4s May 1 1957
—M&N
Deb 48 July 1 '55 non-conv J&J /
Deb 4s 1956 non-conv
M&N
Deb 4s 1947 non-conv.-.M&S
Deb

3M® March 1947

73

70
74

75 M

99k

19

19 M
5M
16k
16 M
17 k

Deb 3 Ms 1954 non-conv
Deb 3 Ms

1956 conv
15-year secured 6s 1940
1st & ref 4 Ms 1907

16

17

M&S
A&O
J&J
A&O
J&D

Equip, trusts 3s 1940-1951 M&S

15

15M
18M
31M
19M

15
29 k

19k
3.00

2.00%

4Ms9-15-40to3-15-45M&S 15
4 Ms 1910-1946
J&J

3.00

3.00

2.00%
2.00%

2.50

1

5M
2k

Gen M g 4s 1955 red

J&D
Pennsylvania & Ohio
Prior lien ext 4ks. 1950..M&S
/

50%
66

40

5k
3

New York

New York Phila & Norfolk—
Stock trust ctfs 4s 1948
J&D

84k

85

98

99

N Y Prov & Bos 4s 1942
A&O
N Y & Putnam 1st 4s g 1993.A&O

78M

Y Short Line 4s 1957——F&A
N Y & Stamford 4s 1958—-M&N

100""

N

Susq & Western—
refunding 5s 1937—.--J&J
F&A
F&A
Term 1st g 5s 1943
M&N
N Y Westchester & Boston Ry—
1st M g 4 Ms 1946 guar—J&J /
1st

106M

108

120

125

M&S

40

J&J

87

Montgomery & Erie 1st 5s 1956—

1.5

rate of 4.8665.

70

48k
103

4.0

New York

Monongahela Ry Co—

t Secured interest at exchange

58 M

55 k
58

N Y New Haven & Hartford—

34

44

Constr'n 4Ms 1955 ser B.M&N

Called Feb. 1 at 105.

13

98

80

New York Ontario & Western—
Ref 1st g 4s June 1992
M&8

Mohawk & Malone—

RR 1st 5s 1963
F&A
Morris & Essex 3 Ms 2000
J&D
Constr'n 5s 1955 ser A...M&N

*

Ilk

2000--M&N

Fy 5s May 1946-J&D
New York Lack & Western—
1st & ref 4s ser A 1973—.M&N
1st & ref 4 Ms 1973 ser B..M&N
New York & Long Branch—
General gold 4s 1941
M&S
General 1st 5s 1941
M&S
NY & NE Bos Ter 4s 1939—A&O

92

73

90

6 Basis,

43 k

44 k

41k
36 k

37

10

2d mtge 4 Ms 1937
Gen mtge. 5s g 1940

Norfolk & Car

Norfolk

Montour

Payable in Canadian funds.

108 k

5s
Har Riv & Pt Ches 4s *54 M&N
N Y & N J Ferry 5s 1940—J&J

M&S

1st mtge gold 5s 1939

105M

105 k

N Y & Har 1st g 3 Ms
N Y & Hob

90

61

Gen 6s 1955
-A&O
Montana Wyoming & Southern—

105

90

16k
lk
2k
1.00%
2.00%
2.25%
2k

J&J
J&J

M&S
2002—.M&S

2.50

75

17"

78

M&N
A&O

85

M&N /
M&S /

17 k

J&J
J&J

1st mtge 4s ser A I960

53 k

79

RR—

1st 48 ext g 1947

16

—

1st guar g 4s 1991
Consol gold 3 Ms

8M

53k

3d mtge 4 Ms 1938
M&S /
New York & Greenwood Lake—
Guar g 5s 1946
M&N /

16

M&N /
Secured 5ks 1939-1950—-J&D
Equip trust 5s 1940(yr)
-M&S
Eq tr 4 Ms *40-'44 F (yr)..M&N
Equip tr 2 Ms 1940-1949—F&A
Mo Pac (old)—Gen 4s 1975.M&S /
3d ext 4s July 1 1938
M&N

Montauk Ext 1st 5s 1945

108 k

"17k

16

-

Monongahela Sou 5s 1955

1st M gold 5s 1935
A&O /
Louisville Henderson & St Louis—

16k
13 k
15 k
7k
2.50%

27

Certificates of deposit

Ref & Impt 4 Ms 1977
Secured 5s 1938

107

70

2.00%

York Connecting

2d ext 5s 1939...

.

102 M

59

101M

82 M
63

M&S

1st M 4 Ms 1953 series A..F&A
1st guar 5s 1953 series B
F&A
New York & Erie RR—

75
16

Adj M 5s Jan 1967 ser A..A&O
Eq tr 2 Ms 1940-1952
F&A
Missouri Kan & Texas Ry Co—
1st gold 4s 1990
J&D
Mo Pacific RR (new company)—
1st & ref 5s Jan 1965 A
F&A

4s small 1945
Mobile & OhioGen gold 4s. 1938

1.25%
1.80%

1.75

2.50%

New

72
64

Prior lien 4s 1962 ser B
J&J
Prior lien 4Ms 1978 ser D.J&J

54k
34 M
117 k

k.
60 k
lk

F&A
A&O

2.25

2.00%
2.50%

M&S
Missouri-Kansas-Texas RRPrior lien 5s 1962 ser A
J&J

Mobile & Birmingham—
Prior lien 5s. 1945
5s small 1945
Gen M g 4s 1945—.....

10-yr 68 coll tr 4s 1946
3-yr 6s ext'd notes 1941
Equipment trusts—
2ks 1940-1947

2

A&O
M&S

95

3.00

16k

16k

Ref 5 Ms 1974 ser A
Ref 4 Ms 1978 ser O

IF

IF

3.25

Certificates of deposit
1st & ref 5s 1980 ser H__.A&O
Certificates of deposit

18

3 Ms 1998
F&A
1998—.F&A
Spuyten Duyvil & Pt Morris—

J&J

68 M
55

16

M&N

1942 tax-exempt--J&J

M&S

1959..J&J

1st & ref 58 1981 ser I
Certificates of deposit
Conv g 5 Ms 1949 ser A

4s

L S coll tr g

IF

52

4s 1910-1949

16M

14M
16k

IF
79 k
86 k

M&N

58 k

3s 1940-1951

1st & ref 5s 1977 ser F—.M&S
Certificates of deposit

16 k

Deb

58

56 k
51M
57 M

103

Mo Kans & Okla 5s 1942

ser

90

40

47

67

J&D

2.25%

108

M C coll tr g 3 Ms

23

1st & ref 5s 1978

F&A

29

f 1940—A&O

5

-

RR 1st 5s

sec s

3 ks conv secured 1952

New York Chicago & St Louis
1st 3 Ms extend 1947
A&O

IF

Jan." 22

30"
2.75

New York Central & Hud Riv
Ref g 3Ms July 1 1997—.J&J

7k
2M
lk

5M
5M

33

30 k

/28M

3 Ms 1959
J&D
N Y Cent equip trusts—
4 Ms 1940-1945
M&N
2 ks Mar 15 1940-1952—

4M
4k

32
32 k
37

A&O

77

Bridge and Belt
J&J

1951

10-year 3ks

!i*

80

J&J
M&S

a*

New York Central RR—

75

Equip trust 2 Ms 1940-1949F&A

87 k

75

Gen con gold 4 Ms 2003--M&N

4Mb assented 2003
con gold 5s 2003

gold 4s 1938
gold 5s 1938
int
1949

1st ref 5 Ms 1978 ser B
25-year 5Ms 1949.

84 k

88

Con M 4Mb ann irred
J&D
Gen cons gold 4s 2003.-.M&N

Gen

cons

Minn Terminal 1st 3 Ms *50—J&J
Minn Transfer Ry 3ks 1956-J&O

60

80""

Leamington & St Clair 4s *45 A&O
Lehigh & Lake Erie 4 Ms '57.M&S
Lehigh & New England—
1st M gold 5s 1945
J&J
Gen mtge 4s ser A 1935
A&O
Kquiptr4MsG 1940-45—M&N
Lehigh Valley Harbor Term Ry—

Ref & impt 5s 2013 O

6k

J&J /

cons

Missouri

50

1st mtge 5s ext at 3% to *47 J&J
2d 5s 1941
J&J
Lake Shore & Mich South—
g

74 M

73

<M

26

Cons mtge 4s 1998 ser A..F&A
Ref & impt 4 Ms 2013 A
A&O

12k
30k

J&J
J&J
J&J
J&J

1st
1st

107 M

Lake Erie & Western RR—

Cong

36

52

M&N
M&S

1st ref 6s 1946 series A

J&J

1978

ft*

32

_

Kansas Oklahoma & Gulf—
M

12M

«

100

99

F&A fk 34

41

Certiticates of deposit.
Minneapolis Northfield &
Southern Ry 1st 6s '41--M&S

1.25%
1.60%

..

-

1st

11 k

Minn St P & Sault Ste Marie—

llty Sou 1st g 3s 1950..A&O
'& Impt 5s Apr 1 1950.-J&J
3s F Jan 1 1941-1943
3s 19H-1946
J&J
Kansas City Terminal Ry—
1st g 4s 1960 opt 1930
J&J
q tr

IF

Ref & ext 5s Feb '62 ser A.Q-F
Certificates of deposit
1st 7s ext at 6% 1932
J&D

69 k
13

30

76

8M

—

100M

A&O

Milwaukee & Northern—

1st g 48 1959 guar
J&D
Joliet & Nor Ind—See Mich Cent

—

2k

A&O

94 k

65

J&D
J&D
Mil Sparta & NW 1st 4s 1947M&S
Mil&State Line 1st 3 Ms 1941-J&J

~2M
99 M

56

92

1st ext 4 Ms 1939
Con ext 4Ms 1939

60
26 M
69 k

71

1951--.M&S

104

37k

54

63

Midi RR 4% franc bonds

k

23

70

Joliet & Northern Indiana—

106

ser

73
36

J&J

Ref & impt 4Mb 52 ser A._

60

B 1967—J&J

Ref & ext 6s

2032

„

New Orl Term 1st 4s 1953--J&J
New Orleans Texas & Mexico—

k

1st 4s 1957
J&J
Middlesex Val 1st 5s 1942—M&N

k

68

J&J

5s

....

32 k

J&J

deb

55

1st 3Ms Sept 1

k
k

New Orl & Nor East 6s 1915
Extended at 5% 1940
M&N

M&S
Lansing & Saginaw

105 M

See Michigan Central
Jacksonville Terminal—

r

1

Income

1959—--

1M

k

4s (Apr

1st 5s 1954 series B
Certificates of deposit

1st & gen mtge 5s 1967—-J&J
Ref & ext 5s ser A 1967—J&J

3M

/

con

50-year 1st 5s 1983

(Foreign series) 1960
_J&D
Midland of New Jersey—
ext at 5% to 1940
__A&0
Midland Valley 5s 1943
A&O
Adj M Apr 1 *53 ser A
Sept
Adj 5s series B 1953 Sept...

Gulf Ry 1st 5s 1951...
...A&O
Jackson Lansing & Saginaw—

k

1951

113

4s Asst(cash warr & coup)_1977
Michigan Central—
Ref & impt 4 Ms 1979 ser O.J&J
1st gold 3Ms 1952
.M&N
Grand River Valley—

50

1st

55 k

15

12

87

k

New Orleans Great Northern—

78

65
2.75

Meridian Term 4s *55 guar .M&N
Mexican International—

99

/

National RR of Mexico—
Prior lien 4 Ms assent cash

CO

79

53 k
74

1st cons A 6s 1963
A&O
M'shfleld & S'east—See Wis Cent

1st 4s
Jackson

k

43

77

b
—

14 k
2

1.00%
1.50%

k
k
k

100

93

M&N
& Western

Manitowoc Green Bay
1st gtd 3Ms 1941

k

/
/
/

45

73

91

J&J

Equipment trust 5s
Equipment trust 5Ms
Manila RR Sou Lines—

1
1

/
/
/

scrip ret No 4 on '26 /
1914 coupon on)
/
April 1914 coupon off..1951 /
Assent cash warrant and scrip
receipt No 4 on
1951 /
Naugatuck 1st 4s 1954
M&N f
New Eng cons 4s 1945 gu
J&J
Consol g 5s July 1 1945
J&J /
New Haven & Northampton—
Ref cons 4s 1956
J&D /
N J June 1st 4s gu 1986
F&A
N J & N Y 1st ext 5s 1950--M&S /
General 5s Jan 1 1938
f
New Lon Nor 1st 4s 1940
J&J

71

Memphis Union Station Co—
1st g gu 5s Nov 1 1959—M&N

12

77 k

_

2nd series 1959

2.50

warr't &

J&J
J&J

1st mtge & coll 4s ser A *45 J&D
Conv gen 4Ms ser A I960-J&D
Secured 6s 1959 1st ser--J&J

90k

!F

76 M
105

70 k
2.00%

68
b

Assent cash warrant and

112

scrip receipt No 5 on 1977

Maine Central—

Maryland & Pa 1st g
15

111k

Savannah—

1947

Macon Terminal 5s 1965

1st 4s extend 1959

55
gold 4s 1950
J&J
Indianapolis & Louisville—
1st guar 4s 1956
J&J f 10k
Indianapolis Union—
Ref & Imp M 3 Ms ser B *86 M&S
105
Internat-Great North Ry—
13 M
1st M g 6s 1952 series A—J&J
Adj M Gs July 1952 ser A.April'/
1M
1st M 5s 1956 series B
J&J /
ilk
1st M 5s 1956 ser C
J&J Ilk
Equipment trusts—
2.00
4Ms ser A 1940 —
J&D b
2.50
4Msserie8 B 1940-1942.A&O b
Internat Rys (Central America)—
Purch money 5s 1972
85
J&J
1st

M&S /

Dublin

Macon

6s

98

1945—M&S

Ask

| Bid

Chattanooga & St

1st M 48 1978 ser A
F&A
101%
98 M
Eq tr 2ks 1940 1952
M&S
91k National Rys of Mexico—
87 M
Prior lien 4Mb—
82 k
Jan 1914 coupon on 1957....
July 1914 coupon on 1957
1.75%
101k
July 1914 coupon off 1957
102 M
Assent cash warrant and
106
scrip receipt No 4 on 1957.
Gtd gen s f 4s (Apr '14 coup on)
85"
April 1914 coupon off 1977—

Ry joint Monon

collateral 4s, 1952
J&J
L & N Terra 1st g 4s "62 gu J&D

46 k

Indiana Illinois & Iowa—

Gainesville

Southern

49

106
112

J&D
1938--J&D f

2.25

Pad & Mem Div 1st 4s '46.F&A

1.50

1st & ref g 48 1951

82

100 k
102

J&J

St Louis Div 2d 3s 1980--M&S

2.50

Iowa Central 5s ctfs

87
b

52 M

M&N
F&A

97 k
90 k

1st & ref 4 Ms 2003 ser C„ A&O
1st & ref 4s ser D 2003—A&O
1st & ref 3ks ser E 2003--A&O

65

Indiana Harbor Belt RR—

Jacksonville

A&O

'

76

J&J
J&J

101

.J&J

Unified gold 4s 1940
1st & ref 5s 2003 ser B

54 k
44 k
81

f Issue

Bonds

Ask

Nashville

IF

4Ms series O, 1963
J&D
Indiana Bloomington & Western—
1st ext 4s 1940
A&O /

1st M 5s 1972 opt
1st 1 & ref 6 Ms 1947
Debenture 4s 1961

Bid

67 M
63

111 Cent RR Co & Chic St L &
N O RR jt 5s, A, 1963—-J&D

Genl mtge 4s 1957
Gen mtge 4 Ms 1957

Bonds
Louisville & Nashville—

1960.F&A
Carlo Bridge 4s g 1950—J&D
Litch Dlv 1st g 3s 1951
J&J
Loulsv Dlv 3 Ms g 1953
J&J
Omaha Dlv 1st 3s g 1951—F&A
St Louis Div g 3s 1951
J&J
Gold 3 Ms 1951
J&J
Sp'field Div ext 3 Ms 1951 J&J
Western lines g 4s 1951--F&A
Equipment trusts—
3s ser R. 1910-1952
M&S
4Ms ser L, 1940.
A&O
4Msser M, 1940-1941—M&N
4Ms ser N, 1940-1941—A&O
4Mb ser O, 1910-1942---J&J
4Ms ser P, 1944
A&O
4s ser Q, 1940-1944
F&A
40-year 4ks Aug

Ask

Bid

Illinois Central—(Concluded)
Collateral trust 4s 1953
M&N
Ref mtge 5s 1955
M&N

c

2nd

5s 1946—J&J

10k

5

5M
42

"7"
45 M

6M
98 M

Southern—

1st & ref g 5s '61 opt '15—F&A
Certificates of deposit
Norf & South 1st 5s 1941.M&N
1st gen g 5s 1954 opt
J&J
Norfolk Term 1st gu 4s '61-M&N
Norf Term & Transp 5« '48-F&A

f Price Includes a&crued interest.

* Last sale,

IF

P

24

106 M
115
n

Nominal.

BONDS

RAILROAD

70

bond prices are "and Interest" except where marked "t" and Income and defaulted bonds
Quotations for all securities are as near as possible for tbe closing day ol the month preceding the date of Issue

NOTICE—All

Bid

Bonds

^

124%
80

Northern Ohio Ry 1st guar

—

-

-

112

M&S
'74.M&S

Nor Cent 5s 1974 ser A
Gen & ref g 4%s ser A

1st M 4%8 1959 ser B

125
«.

107%

109

6s—
50
38%

Apr 1 1936 & sub coups 1945-- f
Oct 1938 and subs coupons '45- /
Ctfs of deposit stamped—
Apr '33 to Oct '34 cpns 1945- /
Apr '33 to Oct '38 cpns 1945- /

49
39

45

52

Northern Pacific—
Prior lien g 4s Jan

66

Q& J

1997

40%
42%
54%

Gen lien if 3s Jan 2047
Q&F
r&j
Ref & Imp 4%s 2047 ser A_J
Ref & Imp 68 2047 ser B—J&J
Ref & imp 5s 2047 ser O—J&J
Ref & imp 5s 2047 ser D_ _. J& J

44

_

48%
0.50 %
3 00%

2.00
— .

1.50%
1.50%
10

_

81

78
28

30

32

34

90

Ogdensburg & Lake Champlain—
1st guar g 4s 1948
-J&J
Ohio Connecting 4s 1943—M&S
Ohio & Little Kanawha 5s *50 M&S

8

107
60
4

Colony RR 4s 1938——J&J

5

O

•

80
80

*42serAM&S15 /

67

70%
103%

106M

l2l*
63

53

A&O

57

___

Rutland
4 Ms

54
61

56

59

108%
113%
113%
117 M
100%
106%
96%
96
85M
87%
84 M
98
1.00

114

97%
96%

2.15

6

Apr 1 f

n«

St Louis
1st g 4s

M&r

57%
2.50

Equip tr 4%s 1940-1945-.M&N b
E quip tr 2 % s 1940-1947
M&N b
Equip trust 2Ms l940-'46.-J&J b
Perkiomen RR ext 3 Ms 1951-J&J

114%

San Fran Term 1st 4s

112%
108%
107%

Santa Fe Prescott &

6

1st gold 4s

6%

4Ms series B 1942
4 Ms series C 1942

-

M&N

4s series D 1945

6
95

107 %

109

108%
111M

F&A

108
116

b Basis.

109

115M
105%
105%
98

15

1949—F&A
A&O

f

-

f

109%
117%
105%
106%
98%
20

cons

1st g 4s May 1 1933 — _M&S
Seaboard-All Florida Ry—
6s ser A ctfs of deposit
6s ser B ctfs of deposit ------Seaboard & Roanoke 5s 1931.J&J
Seacoast RR prior lien 5s '48. A&O

Lewisb'g—„
-J&J
Shrev Bdg & Ter 5s '55 gU-_-F&A
Sioux City & Pac 3 %s 1936.-F&A
Somerset Ry 1st & ref 4s '55--J&J
1st M 4s July 2 1950---—J&J

39

South Bound RR

13%
13%

1%
5%
4%
7%

6%
6

65%

f

12.'

f
f
f

3

2%
39

75

Shamokin Sunbury &
2d ext'd 5s 1945

93
72

f

1st 5s 1941 A&O f

42

45

72

16%

South & North Alabama—

102%
109%
45

Gen cons gu g

5s 1963

Southern 111 & Mo Bridge
1st M g 4s

1951

A&O
Co—

119

M&N

k Last sale,

n

Nominal.

r

20"
-

-

-

8
38

14
85

95

35

10

75"

114%
WM

90

98%
115

91%

92

110

97

102

Gen & ref 5s 1980

ser

Ann Mar
B—A&O
C.-A&O
D
J&D

ser

ser

Equipment trusts—
4%sserHH 1940
4 Ms ser JJ 1940-42
4 Ms ser A1940-43
ser

M&S b
A&O b
j.F&A b

65"

63

67%
67%
67%
1.25
2.00
2.00

M&N b

2%sser D 1940-52

2.00

J&D b
M&N b

B 1940-43

4 Ms ser C 1940 44

2.10

2.25

Tex Pac-Mo Pac Term RR—
1st M g 5Ms 1964
M&S
Toledo Canada Southern & Det—

93

J&J

75

1st 4s

1956-

Toledo & Ohio Central—
Ref & imp M 3%sser A

Mary^

'60 J&D

87

Div 1st 4s 1951F&A

60

Toledo Peoria & Western RR—

1st mtge 4s ser B 1967
Toledo St Louis & Western—

J&J

99

108

63

1st g gu 4s 1942 ser O
M&S
Hamilton & Buffalo—

105

1st gold 4s June 1 1946-.-J&D
Consol M 4Mb 1966 ser A.F&A

96

Transylvania RR 1st 5s 1956-J&J
Union Depot (Columbus, Ohio)—
Gen 4 %s 1946
—J&J
Union Pacific—

58

107%
99

98

105%

109

35-year 3%s debs 1971--M&N
34-year 3 %s debs 1970---A&O
Eq tr 2%sserE l910-'52-_J&J
Union RR (Penn) 1st 5s '46-M&S
Deb 6s 1946
M&S
110
Union Terminal Co (Dallas) —
1st mtge3%s 196?
F&A
United N J RR & Canal Co—
1st 4Ms Sept 1 1979
M&S
13%
General gold 4s 1944
M&S
14%
1st 4s Sept 1 1948
M&S
1%
1st 4 Ms Feb 1 1973F&A
5%
Gen 1st g 3%s 1951
M&S
5%
7% Vandalia RR 4s 1955 ser A-.F&A
Series B 1957
M&N
7
Vera Cruz & Pacific RR—
6%
1st mtg g 4Ms 1934
67
J&J /
July 1914 coupon off—J&J /
Cash war & scrip ret No. 5 on /
16
Vermont Vail 1st 4Ms 1940--A&O
3% Vicksburg Bridge Co—
1st s f 4-6s 1968
M&S
3%
42
Vicksburg Bridge & Term Co—
1st M a f 6s 1958
M&S f
Debenture s f 7s 1948
M&S /
Vicksburg Shreveport & Pacific—
Pr lien 6s '15 ext 5% '40--M&N
Gen 5s May 1 1941
45
M&N
48
ref & impt 5s 1973
M&N
Va & Southwest 5s 2003
J&J
1st cons g 5s 1958
A&O
17%
Virginian Ry 3%s A 1966..M&S
122
Eq tr 4%s 1940 (yr)
J&J

102%
78%

Payable in Canadian funds.

70

51
105

•

1st ry & land gr 4s g 1947--J&J
1st & ref 4s June 2008
M&S
1st & ref 5s June 2 2008--M&S

"69

—

17%

J&D

108

/"This price includes accrued interest,




70

116

5% secured notes 19$1
F&A f
Receiver ctfs 3-3 %s '45—F&A
Atlanta-Birmingham Div—

103%

4Ms series I 1963
F&A
4Mb series J 1964
M&N
Gen M 5s 1970 ser A
J&D
Gen M 5s 1975 ser B
A&O
Gen M 4Mb 1977 ser O—J&J
Pitts Shawmut & Northern—

1

70
72

Toronto

109%

78

92

5%

102%
77%

6s 1945 ser A—M&S f
Certificates of deposit-.- --- f

105

_

1.00%
1.75%

F&A

1st M 5M8 1950 guar

7%

56%

1989M&N

1959 opt
Certificates of deposit

1st &

105

6% receivers' ctfs 1927
F&A
Pitts & Shawmut 5s 1959—J&D
Pitts Shenango & Lake Erie—
1st gold 5s 1940
A&O
Cons 1st g 5s July 1 1943.-J&J
Pitts Term RR & Coal 5s '42- J& J
Pitts Va & Char gu 4s 1943_M&N

17%
9%

0-J&J
'74-J&J

f g 4s '53 opt M

5%

Val—

Ref gold 4s

96

1027

J&D
M&N

-

w*

30

92

f
f
f

Stamped

117%

F&A

3Ms series E 1949—
4s series F 1953
4s series G 1957
4s series H 1960

2.00%
2.25%
2.50%

17

A&O
—A&O

1950

s

4%

Phoenix—

Scioto Val & N E 1st 4s

Adj mtge 5s Oct

1940-A&O
A&O
M&N

12%
11%
11%

75

__A&0

72%

70

1st gold 4s April 1 1950—A&O
Tol Term 1st 4 Ms '57 gu—M&N
Tol Walhouding Valley & Ohio—

85

1950--A&O

2.00
52

Texas City Term 6s 1941-J&J '26
Texas & New Orl 5s 1943
J&J
Texas & Pacific Ry—

St

1.50
2.50

Seaboard Air Line Ry Co—

Co.

Pitts Cin Chic & St Louis—

Con g gu 4Mb ser A

9

-rrr-M&S
Schuylkill & Leh 1st 4s 48-M&N

& Northern—

J&J

17

1st g 5s 1942

83

Pitts Bessemer & Lake Erie—
Cons gold 5s 1947

57%
27%

114%

94

J&D

3.25

J&J

103

Phila Newton & N Y 3s 1942 A&O

3%s 1966

\lH

San Antonio & Aransas

100

RR—See "Readl ng
Philippine Ry 1st 4s 1937
J&J /
Certificates of deposit
f

3.25

58

109%

2.00

1.00%
1.25%
1.25%

Texarkana & Fort Smith—

4s

3.00

M&S

1957

Ref & impt M 3%s B

Gen & ref 5s 1979

10%

J&J

b

Terre Haute & Peor 5s 1942.M&S

11%

97%

1st guar g 4s 1943
San Fran & San Joaquin
1st g 5s Oct 1 1940

1st extend 3s 1948
Tenn Ala & Georgia 4s

22%

11

-.

b

1.50

Susquehanna Bloomsburg &

20%

11%

81

80
b

Stephenville Nor & Sou Texas—
1st Mguarg5s 1940 stmp._J&J /
Sturgis Goshen & St Louis Ry—
1st 3s Dec 1 1989
J&D
Suffolk & Oar con 5s 1952
J&J f
Sullivan Co RR 6s 1944
A&O

1st gold 5s 2000
2d 5s Dec 1 2000
Gen & ref 5s 1977

12

1934
Pass—

77

5s 1955-J&J f

g

87%
57%
77%

57

J&J

1st 4s 1995

61

Pacific ext 1st 4s £ 1940—J&J
St Paul Union Depot—

Salt Lake & Ogden 5s

62

1996
J&J
St Louis Div 1st g 4s 1951-J&J
Spartanburg Union & Columbia—

11%
11%

Salt Lake City Union Depot
and RR 1st 5s 1938-.
M&N

1.50

87

1st Mem Div g 5s

61

66 H

101""

2.00

2.25

59

J&J
4s '56-A&0

Develop & gen M g
Develop & gen 6s 1956
A&O
Develop & gen 6 Ms 1956.-A&O
Equipment trusts—
4%s series AA 1940-41-A&O
4s series BB 1940-1943.M&S
4MsseriesCC 1940-44--J&D
Aiken Branch 4s 1998
J&J

59

1st guar 4%s 1941..;
St Paul Minn & Manitoba—

1st & re: 5e 1972

2.65

Railway—

60%

'47.-J&J /
Short Line
F&A /

St Paul & Kansas City

1st ref g 4s 1955 opt 1910-J&J
Stamped (Fed tax) 1955.J&J

Gen ref

47
111

79%

St Paul East Gr Tr 4 Ms

2.40

25

Term RR Assn (St Louis)—
1st consol gold 5s 1944—F&A

St Paul & Duluth—

1.50%
1.50%
1.50%

Phila & Chester Val 4s 1948. A&O

Piedmont

9%

94

1968
J&D
Mortgage 4s Dec 1 1996—J&D

2.40

Tavares & Gulf RR—

45

1st consol g 4s

b

1.25
2.00

9%

8

104

Equipment trusts—
5s series J 1940
M&S
4%s series K 1910-1945-J&J

52%
b
b
b
b
b
b

9

80

128

J&J

45%

Berwick RR 5s 1952
A&O
102
Tampa & Gulf Coast g 5s'53_ A&O /
5
Tampa & Northern RR—
5s (stamped 3s) 1936
J&J f 43
90
Tampa Union Sta 5s 1940.-M&N
33
Tampa Un Term 4-6Ms '53--J&J

83

M&N

1989

2.10

M&N

Phila & Reading

6%

7%

Southwestern—

82%
99%

.

J&D

1

9

2d g inc 4s Nov 1989
J&J
1st term & unif 5s 1952—J&J
Gen & ref 5s ser A 1990—J&J

7

55

B..J&J

M 4 Ms 1977 ser
4 Ms series D 1981

105%

30%
11%

/

Ijf
J&J /

45%

45%

Stark Elec RR 1st 7s 1952.—J&D f
19
Staten Isld Ry 4%s 1943
102
J&D

28%
11%

Equipment trusts—
4 %s series BB 1940-41-F&A
4s series CO 1910-1943-M&N
4%s series DD 1940-45.A&O

86

68

2.25

Ry—
1st g 5Ms 1974 series A
106%
F&A
53
Peoria Ry Ter 4s 1937 gu op.J&J f
Pere Marquette Ry—
1st g 5s July 1956 ser A..J&J
64%

Gen

104%

1

Certificates of deposit—

Peoria & Pekin Union

Gen

%

Cons in 4 %s 1978 ser A—M&S
Certificates of deposit stpd_.

107%

2.15

M&N
A&O
T&A
C„ J&J

102%

49"

40

Certificates of deposit
Prior lien 5s 1950 series B-J&J

101%

40-year 4%s 1968..
M&S
50-year 4 Ms 1981
M&N
4 %s 1969 with warr
M&N
10-yr secured 3%s 1946
J&J
Equipment trusts—
4%s series H 1940
J&D
4 Ms series J 1940-1942.- J&J
4 %s series L 1910-1944-J&D
4%s series M 19 IO-1945M&N
2 Ms Aug 1 1940-1954
2%sseriosN 1940-1951 M&N
Pacific Fruit Express—
Eq 5s 1940-1941 D (yr)_A&0
Southern Pacific (Golden Gate
Ferries) 1st 5 Ms 1949
A&O

Spok Internat 1st

1933-M&N

Certificates of deposit

118

2.15

Gen 4s April 1 1960
Gen 5s 1974 series B

1.50 %

St Louis Iron Mt & Sou—

113%

67%

Phila Bait & Washington—
1st gold 4s 1943

57%

45

J&J /

St L Peo & N W 5s 1948

51%

44%
48%

_

1st consol g 5s 1994

102

100%
103%
106%

Bid

Coll tr 4s (CP) Aug 1 *49. J&D
1st 4 Ms (Ore Lines) 1977-M&S

,

Southern

100%

J&J

J&

4Mb 1941--

Prior lien 4s 1950 series A_

b

Phila & Bait Cent 4s 1951

72

100%

'51--J&J
St Clair Term RR 5s 1950.-M&S
St Johns & L Cham 5s 1944-M&S
St Jos & Grand Island 4s '47-J&J
St Lawr & Adirond 5s 1996--J&J
2d gold 6s 1996
A&O
St Louis City—See Pac of Mo

97

97%

Oct 1 1940-1954-.A&O b
cons 4s 1940--A&O

_

con

Bonds
South Indiana 1st g 4s 1951.-F&A
Southern Pacific Co—

Southern Pacific RR Co.—

67

St Louis-San Francisco Ry—

East

C

67%

100

J&J
J&J .f
J&J /

stamped 1941

Riv & Gulf Divs 4s

b

ser

60

Alton Bridge 1st g 4s

62

96M
96%

~5~~

St Clair Mad & St Louis Belt—

0.50%
1 75%
1.75%
1.75%
1.75%

July 1956 ser

4

M&S /

1949

4s stamped

A&O
A&O
A&O

85

Ry—

1st

103
105M
102M
105%

100%

102

Rich-Washington 4s 1943
J&D
Kio Gr June 1st gu 5s 1939--J&D
Rio Gr So 1st g 4s 1940
J&J
1st g 4s guar 1940
J&J
Rio Gr West 1st 4s 1939
^J&J
1st coll tr 4s 1949 opt
A&O
Rock Island Ark &'Louisiana—

Penn Ohio & Detroit RR—

1980

_

M 4%s 1957
Rutl Can 1st g gu 4s 1949

2d consinc 4s 1990

99%
75

Rich Fredericksburg & Potomac—
Cons mtge 4%s 1940
A&O

16

1st & ref 4Ms 1977ser A_-A&O
1st & ref 4 Ms series B 1981
Pennsylvania RR—
Con M 4s gold 1943
M&N
Con M 4s gold 1948
M&N
4s stamped 1948
M&N
Con M 4 Ms gold I960——F&A
Gen g 4 Ms 1965
J&D
Gen g 5s Dec 1 1968
J&D
Gen M 4%s 1981 ser D
A&O
Gen M 4%s ser E 1984
J&J
Deb 4Ms 1970
—A&O
GenM3%sserO 1970—A&O
Oonv deb 3%s 1952
A&O
30-yr secured 48 1941-1964-J&J
Equipment trusts—
4%s series D 1940-1941 M&N b
4s series E 1941-1949
J&J b

86

1st 5s 1942
—M&N
Rensselaer & Sara 6s 1941.-M&N

Richmond Term 1st 5s 1952

52

99

97

Delaware River Terminal—

13
10

Cons mtge 4Mb 1939
Cons 1st extend 4Ms'49

104%

81
1947---A&O
Raleigh & Augusta Air Line—
1st 5s 1931
J&J f.
67
Ral & Gaston 1st 5s g 1947--J&J
9
Raleigh & 9'port Ry 5s '65-- J&D
100
Reading Belt 1st 4s 1950
M&S
Reading Company—
56%
Jer Cent 4s 1951 opt'06--A&O
n
Gen & ref 4Ms 1997 ser A__ J&J
72
Gen & ref 4%s 1997 ser B-J&J
2.00
Eq 4Mb 1940-'45 (s-a)—M&N
Philadelphia & Reading RR—
101%
Imp M ext g 4s 1947---A&O
Extended 4%s Oct 1 1943—
102%
Term 5s g gu May 1 '41 Q&F
103%

"f

Cons mtge 4s 1939Cons extend 4s 1949

106

Prov & Wore 1st 4s

106

J&D f

Pennsylvania Company—
28-year secured 4s 1963—-F&A
Gu tr ctfs g 4s 1952.
M&N
Gu tr ctfs g 3 Ms 1941
F&A
Gu tr ctfs g 3Ms 1942
J&D
Gu tr ctfs g 3Ms 1944
J&D
Pa & N Y Canal con 5s 1939 A&O
Cons 1st extend 5s 1949 A&O

110%

Rich & Mecklenb'g 4s 1948.M&N
Rich & Petersburg 4 Ms 1940 A&O

6% franc bonds (foreign series)
1956-—

106

M&N
M&S

Prov Sec deb 4s 1957 gu
Prov Ter 1st g 4s gu 1956

1st guar 4Ms 1934
Rock Island-Frisco Term

Paterson Extension 5s 1950_ J&D

4.00

Portland & Rumford Falls—
5s 1951
M&N
Potomac Val 1st gu 5s g 1941-J&J

119

111

Paris-Orleans RR—

1st g 4s
1st 4Mb

3.00%
3.00%

118

„

2%s

4.00

116%

Oregon-Washington RR & Nav—
105%
1st & ref g gu 4s '61 opt--J&J
PaeFruIt Express—See Sou Pac—
74%
Pac of Mo 1st ex g 4s 1938--F&A
2d ext 5s gold 1938
J&J / 70
72
Cardelet Br 1st 4Mb 1938-A&O f
72
St Louis City real est 5s '38 J&J
101H
Paducah & 111 1st 4 Ms 1955-J&J

Peor &

43

5%
111%
117%

4%

Ore Short Line 1st 5s 1946--J&J
1st cons guar 5s 1946
J&J

Paulista Ry 1st 7s

42%

A&O
%s 1960 ser O
A&O
Eq tr 3 %s Apr 1 1940-1946
Eq tr 2 Ms 1940-1946
J&D
Pitts Young & Ashtabula—
1st gen 4s series A 1948
J&D
1st M 5s 1962 series B
.'-F&A
1st gen 5s 1974 series O
J&D
1st 4Ms series D 1977
J&D
Port Reading lstgu 5s 1941--J&J
Portl (Me) Term gu 4s 1961-J&J
Guar 5s 1961
J&J

5%

4

J&D

1st M 4%s 1950series O—J&J
Ore RR & Nav cons 4s 1940.J&D

red to

45

1st M 4

Ry4%s'58AJ&D

.

4%

-—F&A

1st M 5 Ms 1944
1st M 5s 1945 series B

55
48

3.75
2.00

N'western Term RR 5s Apr 1977Norwich & Worcester 4Mb '47M&S

Old

43

1.00

N'western Term Co 5s 1948-F&A

,

66%
40%

45%

Eq tr 4 Ms 1940 (yr)—M&S15
Eq tr 4s 1910-1949
-J&J
Eq tr 2%s 1940-1947
M&S
Eqtr 2Ms 1940-1946.——J&J
Nor RR or N J gen 4 Ms 2000-J&J /
North Pennsylvania RR—
Gen g 3 3-10s 1953----J&D

43

40%
40%

Pitts & West Va

Norfork & Western Ry—
1st con 4b 1996-—A&O
Norrlst'n & Maine 1st 4s '52 M&S

Ask

Bid

Bonds

Ask

113%
107

114%
95%
95%
1.90
116

118
102
118
110
112
118

109%
109

109

%
80

69
69
20

99%
98%
80

55

58%
106%
1.00

68%
68%

67%

RAILROAD

FEB., 1940]

71

BONDS

bond price# are "and interest" except where marked **t" and income and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue

NOTICE—All

19

25

(guar)-100

1948

41

48

Chesapeake Corp

15

Chesapeake & Ohio common—25

1234

42

li"34

1454

Hill (guar)—
-50
Chicago Burl & Quincy
100
Chicago & Eastern Illinois—
6% preferred
— ——100
Chicago Great Western com.-100
4% preferred
100
Chicago Ind'polis & Louisville 100
4 % non-cum preferred
— 100
Chic Milw St Paul & Pacific—

Chestnut

9

9

934

s

9

9
9

934
854
934

S

9

734

834

-

-.

-

109"

57

4834

5634

8434
1.00%
1.50%
1.75%

17*

Wheeling & Lake Erie RR—
11434
lstconsol gold 4s 1949---M&S
1.70
Eq tr 234s F Nov 15 *40-'49
101
Wheeling Term 4s 1940
F&A
White & Black River Valleylst 5s 1980
J&J /
4

Terminal

18

3.00%

&

Detroit

1234

1234

div

;

98

^

I
934
1634

\VA
7

734
834

20

74

90

100
Albany & Susquehanna (gu)--100
Albany & Vermont (guar)
100
Alleghany Corp common
*

69

71

534% pref (with $30 warr)_100
534% pref (with $40 warr)_100
534% pref (without warr)—100
2 34 % prior conv pref
*
Allegheny & West (6% guar) .100
Atchison & Eastern Bridge—100

Gulf Mobile & Northern

128

34
1034
9
8

9
15

69

72

67

143

19

22

Atlantic Coast L Co of Conn..50

20

22

Atlantic Coast L RR

1834

1934

Augusta & Savannah (guar) —100

30

Avon Gen & Mt Morris (gu)-100
Bait & Cumberland 7% gu—-50

66

Baltimore & Ohio common—100

100
com

50
100
50

Beech Creek (guar N Y O)
Belgian National Rys Co—
American shares partlc pref—
Boston & Alb (guar N Y C)„ 100

Boston & Maine

common

Unstamped—
1st pref 5% class A
1st pref 8% class B
1st pref 7% class O
1st pref 10% class D
1st pref 4 34% class E
6% non-cum preferred
7% prior preferred
Stamped—

100

85

234

134

100
100

M
834

100

2

5% class A
100
8% class B
--100
1st pref 7 % class O
100
1st pref 10% class D
100
1st pref 4 34 % class E
100
6% non-cum pref stamped100
Boston & Providence (guar)-.100

2

Boston RR Holding pref—J—100
Camden & Burl Co (guar)
25
Canada

Southern

(guar)

100

3

50
100
100

70
3

134

42

45

67

70

88

-

--

55

-

-

*

-

62

58
100

..

153
1

234
234
2 M
234

—

.

8

2

5

234

5

13 34
2334

1334
2334

50

55

4~~

Mississippi Central
Mo-Kan-Texas RR

4

5%

19

25
26
42

434

5

Caro Clinchfield & O (guar)--100

8734

preferred
Mobile & Birmingham—
4% non-cum pref (guar)
conv

28

634

7

20

41

4234
200

175
3 34

334

104
-

3634

Common
(guar)
100
Preferred (guar)
100
St Louis Bridge 1st pref
(gu)_. 100
2d preferred (guar)
100
St Louis-Sau Francisco
Ry
100

6% non-cum preferred
100
St Louis Southwestern
100
5% non-cum preferred
100
Saratoga & Schenectady (gu)-10( I
Schuylkill Valley Nav & RR(gu)50*

60

17

500

50
8
24
62

3634

3834

36

38

100

100

Stony Brook (guar)
__100
Sussex (guar
DL&W)
50
Syracuse Bing & N Y (gu)___100
Tennessee

Central

2

30

12

43
20

534

It*
21

66

1

234
1

334
/4e
%

&

53
5

3034

38
1

13
36
132

65

34

2*
4
90

34

34
60

28

1234
16 J4
2934
38
25

67
5
120

*

6

100
100

Union Pacific common

80

100

8*
45
132

9334
8634
239

Susq Val (gu) .100

50

Utica Clinton & Bingham
(gu)100
Preferred (guar)
100

25

Valley RR (NY)

60

(guar)
100
Vermont & Mass (guar)
100
Vicksb Shrevep & Pac (guar) .100
5% non-cum pref (guar)
100
Virginian Ry—
New common.
25
New
Wabash

5%
5%

6%

preferred

25

Ry

10

86
58
60

4554
3334

100

non-cum

preferred A
100
pref B..100

134

non-cum conv

Ware River

(guar)

100

Warren N J (guar D L & W)_.50
West Jersey & Seashore (gu> —50

Western

Maryland Ry

1st
4%

non-cum

com.

preferred

.100
100

2d pref

Western Pacific RR

50

5834

*

common

preferred

non-cum

Utica Chen

20

p8

152

40

4% non-cum preferred.-- —100
United N J RR & Canal (gu)-100

80

34
134

10734
173

180
40

._

—

734
2334

43

if*

7% guaranteed
100
Roch & Genesee Val RR
(gu)-100
Rome & Clinton (guar)
100
Rutland RR 7% pref
100

Troy & Bennington (guar)
100
Troy & Gr'bush (gu N Y C)
50
Tunnel RR of St Louis (guar) .100

334
34
34

89

4% non-cum 2d pref
50
Rensselaer & Saratoga (guar). 100
Rich Fred & Potomac—
Dividend obligations
100

Preferred
Texas & Pacific Ry

470

18
115
260

64

Railroad Securities Co—
\4% 111 Cent stk ctf 1952—1000
Reading Co
50
4% non-cum 1st pref
50

1534

16

2

334
1034
2234
3034

100

90

5834

-

105

147

Mob & Ohio stk tr ctfs
(gu)-100
Southwestern of Ga (guar)
100

35

18

66

100
Mobile & Ohio—See Southern Ry
Montgomery & Erie (guar). —.10
Morris & Essex (guar)
50

100

Pittsburgh & Lake Erie
50
Pittsburgh & West Virginia.-.100
Pitts Youngstown & Ashtabula—

5%

60

900

100

100
50
RR)_100

Southern Ry common

5434

57

100

100

Phila Germ & Norris
(guar)—
Phila & Trenton (gu Pa

96

*

com

100

99

4*

.100

com

7% preferred series A

100

4-2% non-cum preferred
100
Shamokin Vail & Pottsv (gu)„50
Sharon (guar Erie)
50
Southern Pacific Co
100

5

60

.100
100

100

Peterborough (guar)

Seaboard Air Line

39

700

Hav(gu)._50

Eastern

__

Minneapolis St P & S S M—
4% leased line ctfs

,

&

9

2134

Rutland & Whitehall (guar)
100
St Joseph South Bend & Sou—

—-

3

100
100

(gu)25

50

Prov & Worcester
(guar)

134

100

Mill Creek & Minehill Nav
Mine Hill & Schuyl

1

39

Central)

5% preferred
6% prior preferred
MassawippI Valley (guar)
Michigan Central (guar)

834

-.25

Canadian Pacific

66
49

134
234
134

20

30

Preferred (guar)
100
Pittsfield & No Adams (guar) .100
Portland & Ogdensburg (guar) 100

37"

35

Pref (guar N Y
Maine Central

2

~2~

34

48

Missouri Pacific
18

35"

35

30

7% pref (guar Pa RR)

67

34
85

Paterson & Hudson River (gu)_50
Paterson & Ramapo (guar)
50

Pitts Ft W & Chic com
(gu)-.lOO

63

20
11c

7
45

46

34
75

NYNH&H)—100

234

42

25

8854
834
62

Ontario & Quebec (guar)
100
Oswego & Syrac (gu D L & W) 50
Passaic & Delaware (guar)
50
Passaic & Del Exten (guar)-.100

Piedmont & Northern
*
Pgh Bess & Lake Erie (guar)
50
Preferred (guar)
50
Pitts Cin Chic & St Louis (gu) -100

34

34

99

Lykens Valley RR & Coal (gu)_20
\Iahonlng Coal RR..
50

3

3

234
134
234

J*

39

50
Louisville Henderson & St Louis—
Preferred (guar)
100
Louis & Mo Riv pref (guar) —100
Louisville & Nashville
.100

6634

83

134
134
134

1st pref
1st pref

47

50

Little Miami original guar...
-<nec gur better toe-11 *tk
LIl Schuvl Nav RR &
Coal(gu)

46

100
100
100
100
100

Common

45

100
50

—

1234

6334

50

Lexington Union Station—•
Preferred (guar)

534

30

2

1854

Co

100

Preferred

534
634
1234
4534

1834
454

134
1134
2234

100
tamped
100
K
A.llegan & Gr Rap igu)—100
K O St L & Chic—Pref (gu)._100
Kansas City Southern new
*
4% non-cum preferred
100
Lackawanna RR of N J (gu) —100
Lake Superior & Ishpemlng
100
Lehigh Valley.
50

70

138

100

100

140

50

.*

155
74

11134

Northern Cent (guar Pa RR). 50
Northern Pacific Ry
—.100
Northern RR of N H (guar)—100
Northern RR of N J (guar)
100
Norwich & Worcester pf (gu)_100
Ogden Mine RR (gu Cn N J) .100

Marquette Ry com
5% preferred
5% prior preferred

90"

87

34
1134
2134
3834

com

213

Ry_._
pref

non-cum

Pere

36

133

16

Securs

100
100

Adjust 4%

Peoria

77"

1434

RR

134

100

2

-

72

3

5134

100

334

-

J

5

W*

100

conv

134

-

30

100

com.

Joliet & Chicago (guar)

53

com

100

100

3

-

—100

Stk tr ctfs—See

23 34

100
Atlanta Birm & Coast pf (gu)-100
Atlan & Char Air L (guar)
100
Atlanta & West Point

N Y New Haven & Hartf

134

*

Pemigewasset Valley (guar)._ 100
Pennsylvania RR
50
Pennroad Corp com
1
Peoria & Bureau Val (guar)—100

100

Internat Rys (Cent Am)
5% preferred

50
23

pref

334
434
554

Hartford & Conn Western... 100
Illinois Central
100
Non-cum 6 % pref series A.. 100
Leased linos (guar)
100

1134
934

14

*
1 Of.

6% preferred..

42"

Fe.lOO

4% non-cum prof
Bangor & Aroostook
5% conv preferred

100

non-cum

Preferred (capital stock
Green Bay & Wostern
Greene (guar DL&W)

75

87

non-cum

50
50
50

-

1734

50
50

com

Preferred

5%

50

1st preferred-.100
non-cum 2d preferred-.100
Erie & Kalamazoo (guar)
50
Erie & Pitts (guar Pa RR)
50
European & North Am (guar) 100
Fort St Union Depot (guar)100
Ft Wayne & Jack pref (guar)-100
Genesee & Wyoming
100
Georgia RR & Rank Co (gu)..10ft
Georgia Sou & Fla common
100
1st preferred..
100
2d preferred
100

STOCKS

Atchison Topeka & Santa

100

Goshen & Deckertown (guar).. 10
Great Northern Ry—
Iron Ore Prop trust ctfs
•

Alabama & Vicksburg (gu)

78

4734
334
434
334
loi;.

100

common

4%
4%

31

,

67

100

preferred

6% non-cum preferred
East Mahanoy (guar)
East Pennsylvania(guar)
Elmira & W'msport (guar)
Preferred (guar)

4s

Ry—
1st gold 4 3*8 1943
—J&J
Yoseraits Vail s f g 5s 1930—J&J /

A1 Great Southern

50
50
100

20

Certificates of deposit

130

63
77

Duluth South Shore & Atl—

109

1634
1334

non-cum

100

76

Worcester & Conn Eastern

RAILROAD

6% preferred series A
com (gu)
10% non-cum pref (gu)
N Y Lack & West (guar)

100

N Y & Harlem

Old Colony (gu

125

pref-100

Detroit Manufacturers (guar) 100
Dover & Rockaway (guar)—100

Erie

M&N

38"

3634

Hillsdale and

29

24
65

25

Southwestern (guar)
Detroit & Mackinac Ry

95

J&J /

non-cum

Delaware (guar Penn)
Denv & Rio Gr West 6%

10834

M&S

S'eastern

1534
16 K

44

No Carolina (guar Sou RR)—100
North Pennsylvania (guar)
50

34

120

Dayton & Mich com (guar)
50
Preferred (guar)
—50
Delaware & Bound Br (guar)-100
Delaware & Hudson Co
100
Delaware Lack & Western— 50

1.15%

Co—

1951

New York Central RR
N Y Chic & St Louis com

Norfolk Southern.
Norfolk & Western

105

Consol Rys of Cuba 6% pref-100
Cuba RR 6% non-cum pref—100

25

92

/
A&O
t
Sup & Dul Div 4s 1936-..M&N '
Certificates of deposit
Marshfield

75

34
34
34
34

117

5%

J&J

1st gen g 4s 1949
Certificates of deposit
1st & ref 4s 1959

20

Original (guar L& N)
Unstamped (guar L & N)

preferred
N Y Ontario & Western.

86

Concord & Portsmouth (gu)—100
Conn & Passumpsic pref (gu)-100

Winston-Salem Southbound—

f guar 314s 1970
Wisconsin Central Ry—

Nashv Chatt & St Louis
100
Newark & Bloomfield (guar)..50

Nashville & Decatur—

7%

'

1834

10434

Wilmington & Nor 4 3*s '77.. J&D
Wilmington Ry Bdge 5s '43.A&0

s

75
46

(guar)

34

•

3.75

Willamette Val Southern Ry—
6s 1939
F&A /
Wilm & Newbern 4s 1947
F&A

34

84

—

108

J&D /

134

-20
100

(guar)
100
pref (gu)-.---lOO
Cleve & Pitts (gu Pa RR) 7%-50
Special guar 4%
-50
Colorado & Southern
100
4% 1st non-cum preferred--100
4% 2d non-cum preferred--100
Columbus & Xenla (guar)
50

93

1st

34

234

93

5%

90

8934

1st g gu 4 34s 1941 opt
M&N
Wilkes-Barre & Eastern—

42

34

Common

Wichita Falls & Southern—
1st 5s extended 1948. ——J&J /
Wichita Union Terminal Ry—

38

34

Preferred
Cin Union Term 5% pref
100
Clearfield & Mahoning (gu)—50
Cleve Cine Chicago & St Louis—

58

84

Equipment trust 5s—
Western Ry of Ala 4148 '58--A&O

58

Preferred (guar)
-100
Cin New Orl & Texas Pacific—

61

4834

2.25

55

234
34
2
34
134

Common—

1.50

454
3934
9634

Cincinnati Inter-Terminal—•

10934

2.00

434
3934
9634

5% non-cum preferred
100
Chicago & North Western
100
7% non-cum preferred
100
Chic R I & Pacific common—100
7% preferred
J 00
6% preferred100

4534

100
108

Western Pacific RR Corp—
1st M 5s 1946 series A
M&S /
Assented 5s 1946------.

Winston-Salem

32

25
25

Nashua & Lowell

20

-—

Common

-

58

1st & ref 5 34s 1977 ser A..J&J
Eq tr 434s E 1940-1941.—J&D
Eq tr 2Kb 1940-1946
J&D
Eq tr 2s G 1940-1949
West N Y & Penna 4sl943.A&0

1st gold guar 4s 1960

35

100

New London Northern (gu)—100
New Orleans Great Northern.100
New Orl Texas & Mexico
100

•

-

-

3634

4334

100

Preferred series A

8

Q-Mar

5s 1942

Bid

'

Washington Co Ry 1st g guar
334s Jan 1954 opt 1924—--J&J
Washington & Franklin Ry—
1st extend 4 34 s 1954
J&J
Wash Term Co—3348 1945—F&A
1st gold 4s 1945 guar
F&A
Washington & Vandemere—_
1st 4Mb 1947
F&A
West Shore 1st 4s 2361
J&J
West Virginia & Pittsburgh-—
1st g s f 4s 1990-A&O
West Fruit Exp—See Gr Nor
Western Maryland 4s 1952.A&0

1st guar g

Par

StOck8
'

434

434

100

Chattahoochee & Gulf

Washington Centra! Ry—
1

19

Central of New Jersey

Certificates of deposit
Ref & gen 5s 1980 ser D..A&0
Certificates of deposit
Warren 1st ref g 334s 2000—F&A
Mar

40

18

2834

Ref & gen 534s 1975 A—-M&S
Certificates of deposit
Ref & gen 5s 1976 ser B—F&A
Certificates of deposit
Ref & gen 4 34s 1978 ser O-A&O

4s

38

25

Toledo & Chic 4s g 1941—M&S
Omaha Div. 1st 3 34s g '41-A&Q
Wabash Railway Co—

1st

40

Morris & Essex Exten
(guar)-100
Mt Carbon & Pt Carbon (gu)._50

Ask

38

Catawissa RR 1st pref
2d preferred (quar)

4054

IS

5s 1939
F&A
Deb mtge 6s series B 1939-J& J
1st lien term gold 4s 1954.J&J
Defc & Chic ext 1st g 5s '41-J&J
De8 M Div 1st g 4s 1939--J&J

Bid

Stocks

3954

...M&N

2d gold

Par

(guar)—50
---50
Cayuga & Susq (gu D L & W)_30

Ask

Bid

Bonds and Stocks
Wabash Railroad Co—
1st gold 5s 1939

..100

23
53

334
56

634

Corp—

0% non-cum preferred
Wheeling & Lake Erie Ry

100

100

61

4% prior lien

100

80

5

100

9654

%

cum

preferred

Wilton (guar Boston & Me)..100

30

9
*

%

No par value.

X Quotations represent dollars

Ex-diridend.'




per

$100 face amount.

6 Basis.

/This price includes accrued interest,

k Last sale.

»

Nominal.

1

NOTICE—All bond prices are "and. interest'* except where marked "f

and income and defaulted bonds

Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue

Par\

Stocks and Honda

Ask

Bid
Per

Stocks and Bonds

---*
M«ScS
J&D

7%
104 H
102J4

734

4)4s stamped 1946

F&A

107 h

108
.
12.66
9.60
3.67

Administered Fund 2d lnc—
Aeronautical Securities

11.90
8.36
3.36
10134
10034

----

Affiliated Fund com..
1.25
Sec conv deb 4s 1949--—J&J
Sec conv deb 434® 1949—J&J
Air

lnc

*

*

23-s

2

preferred

19

Investors

Convertible
Warrants

101

21

7At

(Mass)—Deb 4 34a with com she 1967-—
Aldred Investment Corp (Can)—
Deb 4Hs with com shs 1968—.
Alliance Investment com
*
Allied Int Investing Corp com—*
)
13 convertible preferred
*
♦Amerex Holding Corp------.-*
Amer British & Continental-—
Deb g 5s 1953
F&A
Amer Business Credit A—
1
Aldred Invest Trust

45

43

36%
■4*

40

134
34

1534

iVA

10034

10134

634
3.13

634
3-46
234

Amer

10c

Capital Corp A

h
1934
7234
3124
3034
134

10c

Class B

S3 preferred

—*

J5erSgMrlfLtorA:::::25
Class A opt
Class B._

:

25

div ssr w w

1

2

Amer Elec Sec par tic pref
1
American European Secur
...*
Coll tr s f 5s 1958ser A—- J&J
5s series B 1958—
-—- .M&N
Amer Foreign Investing....
-

534

-

'

American General Corp——10c

$3 preferred
Amer General

334
2634
3034

1

|2 preferred
$234 preferred

1
—1
Equities Ins—25c

35
.34

—...

Amer International Corp--—.-*
Conv 534s 1949
J&J
Amer Insuranstocks Corp
*
American Investment (111).
*
$2 preference
-25c
5% conv preferred
50

534
334
40

2734
5034

Deposited Bank Shs N Y ser A..1
Deposited Insur Shs ser A
1
Series B
__1
Diversified Trustee Shares—
O shares
1
.....

2.50

D shares

Dividend Shares..
Domestic Finance pref

*
Foreign In5 34s47 F&A

Blue

S3

45
45

9934

5034

7H

1234

1434

5634
10

106

134
lh
4134
15.15
.13

...5

23.68
22
13

-.5

Bullock Fund Ltd

41

3.80

Boston Fund Inc.—

Brooklyn National Corp

53-

"834

22

100

1

Burco, lnc common
$3 conv preferred

m
1034

25

2234
5634
1034
108

5s series A1959
A&O
Canadian Invest. Fund. Ltd
.1
Canadian Pow & Pap Invest Ltd—
Deb 5s series A1958
F&A

93

234
1

1434

12'
96
3.95

634
26
82

34

26
26

Bank stock series

Insurance stock series

Fixed Trust Shares series A

10c
10c
10

-.._._-il0
_M&S

Morris Plan Indus Bank (N Y) .10
10

Mutual Investment Fund
Mutual System lnc 8 % pref
National Aviation com.

5
*

Invest com

5% preferred ser A

.100

w w

Nat Bond & Share Corp
Indus Loan 7s 1957.

*

2.80

9.75

134

Gen'l Realty &

$6

conv

42

102

10434

10334
9734

105

3.71
1.22

1.35

I

12.22

13.17

...

.............

7.46

-_

10.22

Insurance

4.88

Machinery
Metals.....................
Oils...
Railroad
......

1

134
3934

38

10034

*

com

pref ww

5.31

1734
134
7334

—

*

Railroad equipment
Steel stocks

101

34

Class B common

1st pref—*
Gleneagles Invest 5s June 15 1944
Globe Indus Loan 6s 1955-.-J&J
Gotham Credit class B
5
Great Britain & Canada Invest¬
ment Corp 434« 1959
A&O r
Group Securities, Inc.—
|
Agricultural Shares

67

8.09

7.30
3.23
6.19

3.51

J*
96

.100

24

SI*
27

100

23

2834

*
1

1955.
1956--1958

2.36
2.85
2.80

4?*

Building Shares

5.87

Chemical Shares

49

78

Electric Equipment Shares
Food Shares...

6.73
8.29
4.51

Investing Shares
Merchandising Shares
Mining Shares

3.17
5.31
5.77

3h

7

Petroleum Shares

30
3

4.29

Railroad Equip Shares
Steel Shares

93

3.75

Tobacco Shares....

7*

Guardian Investors com

2H

$3 2nd preferred
Debenture 5s series A

234
27.29

134
3634
2.930
138

50

54

101

104

101
101
97
97
97
47

104

...»

5334

*

112

Commonwealths Distrib'n Inc..l

1H,

104
99

99
99

M
5334
11234
134

3.47

3.77

60c

70c

1534

1634
2934

...

30

36

1434

16

Continental Securities Corp—
r

Preferred

1st

Commonwealth Secure

Consolidated Invest Trust com
Consumers Credit Serv 6s 1962—

1

134

38*

2

834

x-w

preferred
——...100
Investors—.....5

Continental Shares common..

5c

10c

♦6% preferred
...100|
Corp Secure 5% ctfs 1935—M&S,/

834
34

10

34

Independence Trust Shares—._*
Independence Fund of N A—...5
Industrial Financevtc
1
Preferred.
100
Institutional Securities Ltd—
Bank Group shares
Insurance Group Shares
Insull Utility Invest—
Deb'g 5s Jan 1949—...F&A
Deb g 6s 1940 B with war.. J&J
Insuranshares Co of Delaware-.1
Insuranshares (Md) ctfs Inc...1
International Holdings & Inv.—*
New common

—

International Utilities class A—*
Class B

$1.75 preferred
$3.50 prior preferred
Interstate Bond Co—

—1

*
-*

.12

Pacific Eastern Corp
Pacific Finance Corp

40

Petroleum Corp of
Phoenix Sec Corp

97

Amer

$3 conwmef class A

100

Plymoutp Fund lnc

Putnam (Geo) Fund
Quarterly Income Shares...
10c
5% deb series A 1942
M&N
Railroad Employees' Corp—
Class A common
*

34
934
1.21

1.33

*

*
Pub Util Investing 5s 1948.A&0
.

"2

1.10

ctfs.-

Prudentia1 Tuvestors—
$6 preferred

16.84

2.23

9

5
...»
10

10c

Provident Loan Society 6%

lj

*
._*
*

1.41

*

Preferred

Railway & Light Securities com *
Conv coll 4 34s ser "11" '55 A&O
Railway & Util Invest A—_—1
3 34% preferred..
*
Reliance Internat Corp com A 10c
Representative Trust Shares—10
t Republic Investors Fund new.
Reynolds Invest 5s 1948
A&O
Common stock
1
$6 preferred
*
Rossia International Corp
*
Royalties Management A......1
♦Schoellkopf Hutton and
Pomeroy lnc common
10c
Scudder, Stevens & Clark Fund--

1
60c

534

90c
6

134

4*

6

834

10

i«*

18'

3334

35

9934
434s coll tr AAA 1940-43—A&O
100
5s coll tr BBB 1944-51 __—A&O
9934
4s coll tr CCO 1939-42---M&N
60
Invest Bond & Share 5s A'47.J&D r
1734
Investment Co of Amer.._.._.10i

Quotations not furnished by sponsor or issuer.
t Reverse split-up—1 new for 20 old.
n Nominal.
r Canadian price.N
x Ex-dividend.

Seaboard

61

Commercial

10

____-50
Continued &n page 84

5% preferred-

1834
*

No par value.

e Ex-coupons.

11

1134

19""
134
4

834
434
334

99
99

1834

4

(Calif)
10
1948 J&J

Class B

113JI

734
334

1

Pacific Southern Invest pref
Class A—

103
70

3^

3
70

Pacific Investing Deb 5s

834

18H

A&O

*

Overseas Securities Co
Deb 5s April 1 1948

3

15.66

10

Com—*
1947
Debenture 4348 Dec 15 1952...
Old Colony Trust Assoc
....*

2*

2

5

Old Colony Invest Trust
Debenture 4 34s Feb 1

28

68

1

Oklahoma Southern Trust

2634 Jan. 26

111

1

Preferred
Oilstocks Ltd

5.72

—*
——*
1948

Incorporated

Commonwealth Investment....1
common _1

Heller (W E) common
Preferred w w

Oils & Industries com—

3.46
5.78
6.28
4.68
4.09
5.51

4s with warrants

Collateral Bankers lnc—

106 34

$6 1st preferred..

Common

9.01
4.92

5.25

2.57

Northern 111 Finance

9.26

5.06
...

25
25
1946—-A&O
11.37 Household Finance com
*
134
5% preferred
-100
37
♦Huron Holding Corp..—....1
2,960 Hydro Elec Sec com
.*
141
Illuminating & Power Securities—

634

Cleve Securities 4-6s to 1943-J&J

100

9

....

1034
1134
10134

10.51

6s series AB 1948
Q-M
6s series AC 1952
Q-J
Commercial Credit common
10

10334
t

Jan.

Corp
*
6.39 Northwest Bancorporatlon
*
7.32 Ohio Finance Co. 434s 1949.F&A

534

_Q-F
Q-M
Q-J
Q-F

6.71
7.06

10334

48

North American Trust Shares—
1953

72

7.90

5

...

6% preferred
534% preferred

48

134
70

8.06

7.47

North Amer Invest Corp Com. 100
Collateral 4s 1951
J&D

11
46

7.45

Class A preferred.......
100
North American Bond Trust Ctfs.

76

German Credit & Investment—

Pref allot ctf 25%

6.79
9.77
8.08
11.04

6.52

Niagara Share Corp (Md)—„
Conv deb 534s 1950
..M&N

34
18

11.90
9.53

8.81
6.26
9.04

Electrical equipment..
60

J&J
1

11.02

Chemical

'#4 Nov. 30

7.99
5.49

5.06

Building supplies.

634

45

...

6.35

7.38

Automobile
Aviation
Bank stocks

Corp

Utilities

5.76

*
25c

(Colo) ser B shares
(Md) voting tr shares
New England FundNew York Stocks, Inc.—

23'

...

19*

7

"634

$6 preferred

1834

634

i

Agricultural

General Public Service Corp.—

13
18
95

1

5.79

1

1234

il*
94

Nation Wide Securities—

5.10

Warrants
General Investors Trust

2434
11.43
25

1

4.60

Investment

2334
10.46
23

*

conv

Fundamental Trust Shares lnc—
Class A_.
2
Class B
*

$6 preferred

55c
8
95

93

pref stamped

3.76

4.55

deb 5s '51.J&D

234
734

Nat Trust Shares Re modified

2.54
3.41

18.39

conv

P

30

58

4.00

Gen Finance
Common

234

Q-Jan
1

Nat

National Investors Corp
Nat Republic Invest Trust—

16.92

American Investors—*
$6 preferred
*
Deb 5s Feb 1 1952
F&A

234
3534
334
2834

45c

PreferredSec 6s x-w 1947

Foreign Power Secur Corp—
1st coll tr conv 6s A 1949-.J&D
Foundation Trust Shares ser A.. 1
Fundamental Investors lnc
2

General

21.87

Monroe Loan Society class A
1
Morris Plan common
__25c

.

VM

5

5.40

20143

41

19.58

16

7.30

4485

8.52

45




*

2134

Aviation Shares

107

k Last sale.

1

Partic preferred

National Bond &

18.17
6.62

First Mutual Trust Fund
Fiscal Fund, Inc.—

50

2134

Midland Invest Corp (Mo)—
3s 1953.-..
M&N

...

20

40

66

100

♦

19.07
12.43
102

2434

25.38

100

1942—

17.76
11.58
100
6

.

5% conv partic preferred
Merchants & Mfrs Sec A com

'At
2334

234
234

.......100

1

18

IS*

5
10c

Massachusetts Investors Trust.. 1
Mass Utilities Associates v t c. -1

19

4.28
70c

1

100

Debenture 5s May

Corp
Maryland Fund Inc..

1

34
1634

3.80
35c

6.61

Marine Midland

96

-10c

-

2

-

Preferred

94

28.24

Equity Corp common

.10

Lawyers Mtge Inv (Boston)—
1st 5 34s series B 1945
M&S
Lehman Corporation
1
Manhattan Bond Fund lnc

26.26

4%

1

$4.25 conv preferred

52

Series S-4
Larkins Warr Trust.

5.69

2

Chemical Fund
.............1
Chicago Corporation
*
Convertible preferred

Commercial Invest Trust

2934

48

81

Gen Shareholdings Corp com..

16.29
.28
25.33
25

26

._*

434% conv preferred

2834

1.28

4.85

80

6s series AA 1953

6.60

25

$6 preferred

42

90

Preferred

7s series A & B 1950
7s series C 1959
7s series D 1956

Series S-3._
3.75
5.85
1.17

10.39
15.07
10.55

14.93
7.29
16.19

13.68

Series S-2

5.22

234
9534
34
634

Corp..-1
7% preferred
..—100
Conv preferred..
100
Conv pref series of 1929
100
6% cum preferred..
100

Preferred

Series K-2_.

74

Central States Electric

Preferred

5

...

45

._*

City Investing Co

5sA~'57M&N

Empire Capital Corp A

Series K-l

1.55
2.95
2.56

A*

...

com

Economic Inv Tr Ltd

.....

Series B-4_,

28.80
23.10

9.42

....

Series B-3

17.41

40*

26.33
21.09
13.56
6.63
14.79

9.54

Series B-l
Series B-2

36

'At
3834

40

Cent-Illinois Securities Corp.._1

Securities

34
112
4.85

22

4

25

4.45

64

$1.50 conv preferred
*
Cent Invest Corp 5-6s *57..A&O
♦Central Nat Corp class A....*

Christiana

*

15

11.06

30c
18

25
Italian Superpower Corp A com.*
Deb 6s 1963 (ex-warrants
J&J
Keystone Custodian Fund—

31

share

10.38

25

common

Preferred

1334
2934
11734

Ask

Automobile Shares

3.35

Capital Administration cl A
1
$3 cum pref series A
10
Carey Trust of NY
*
Original
100
Carriers & General Corp
1
Deb 5s with warr 1950-_M&N

Century Shares-Trust
Chartered Investors common

Fund A-l
Sorics F

Conv deb 5s 1953

Canadian internat Inv Trust—

♦Class B

$7 preferred series A__
*
$6 preferred series B
*
Eas Util Invest Deb5sl954 M&S 15
Eaton & Howard Management

General
I

1

British Type Investors A
Broad St. Invest Co lnc

m

634

1

Ridge Corp common
conv preferred

334

%

$2.50 prior preferred
*
Beneficial Loan Society com
*
6% profit share deb 1956.-Q-J
♦Blair & Co.

Dominion-Scottish Invests Ltd—
1st coll 4s series A 1952
J&J
Eastern States Corp com.
*

$3 conv preferred1
Family Loan Society common..*
32
$1.50 preferred series A
*
37
$1.50 preferred series B
*
.39 Fidelity Fund. Inc..
*
534 ♦First Boston Corp
10

834

*

Beneficial Industrial Loan

334

4934

...

Bankers National Investing—
♦Class A__
...—...1
Bankers Securities Corp com. .50
6% preferred
50
Basic Industry Shares.....—10

7.78

12

50

......

25c

..1
25

Investors Trust

2.79
2.79

16.10

Delaware Fund

Royalty

Preferred

$6 preferred
...... *
Equitable Invest Tr (Mass)
5

?fc*

434
3834
9834

Investors

2.36

Empire Power Corp partic stk.*

35

_*

Option warrants-

6

35

-.2

Atlantic Secur 4h$ A 1953-A&O
Atlas Corporation common
5

6% preferred

m
i*

25c

-100

6% preferred

20
76

104

103

Associated Gen Util com v t c.--*
lnc deb 5s w w 1956
M&N
Income deb 4s 1961
M&N
Associated Stand. Oil Shs
Associates Investment Co..

103
103
7.07

Investors Fund of Amer Series Ol

2.36

*8% preferred
100
♦Crum & Forster Insursh B....10
♦7% cum preferred
...100
Cumulative Trust Shares
-*

Domestic &

Shares..........

2.45

Credit Service deb 6s w w '48-Q-F
♦Crum & Forster lnc com.....10

Bid
Per

1

Accumulative series
AA (modified)
AGO (modified)

_

Amer Business

Par

share

....1
1
1

Corporate Trust shares old ser.-l
AA

10234

Stocks ana Bonds

Ask

Bid
Per

Coll trust 4s 1947

Adams Express com—
Ooll trust 4s 1948

Par

share

IS
75

1134
9434
3034
634

434
1234
95

32

H

ZF

83*
40

.38
114

634
9934

834

40!
117
7
105

100

13.75
7.85

14.71

8.75

10134

103

8 3fc
1034
834

11

9

934

104

6*
10.37
4.39
66

10.87
4.93

5834

IB

'At
20c

34
83.97

40c*
85*.$

1334
36

39""

/ Flat price.

I

Utilities

Public

(Includes street and electric railways, gas, electric power, water, telegraph, telephone and bridge companies.)

NOTICE—All bond

prices are "and interest" except where marked "f" and income and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue

Bonds

Bid

Adriatic Electric Co (Italy)—
Extlsf 7s 1952
A&C
Ala Gas Co 1st M 4M* 1951-F&A

Alabama

Power

70
103

80 M

M&S

107 M

109

106 M
104

107 M
105

103

103 M
106 M

M&N

105 M
102 M
46

Albany Ry 1st cons 5s 1930--J&J
General 5s 1947
--J&D
All America Sara
Corp—

62

82 M

M
M
M

M&S

Vs

American Community Power—
5 Ms Certificates of deposit 1953
Amer Elec Pow deb 6s '57 M&S15

16

American & Foreign Power Co—•
Deb g 5s 2030
M&S
Amer Fuel & Pow 7s 1934-J&J
Amer G & E deb 5s 2028-—M&N

2%ssf debs 1950
3^s s f debs 1960
3 Ms s f debs 1970

104M
105M
106
48
54 M
100 M

Amer Rys

Corp coll 4 Ms '53.A&0
Debenture 4 Ms 1963
A&O

70
54

American States Public Serv
1st 1 5 Ms 1948 ser A—-M&N
6s

1938

r

J&D

30-year deb 3 Ms 1966

1975 ser A
Deb 5s 1975 ser B

105M
105M
106M
49

55 M

101M
71

55

94

108ls32
108

108 M
108 Vs

108 M

M&N
J&D

107 M
100

109

100M

84

87

38

-...M&S

Androscoggin W Pow 6s '45-F&A f
Appalachian Electric Power—
1st mtge 4s 1963
S f deb 4Ms 1948

F&A
F&A
Appalachian Power 6s 2024--J&J
Ardraore St Ry—See Phila Co

42

50

53

108 M
106 %

108M

125

127 M

107 M

Arizona Edison Co—

1960

J&J

Income 6s I960-Arizona Power 5s 1950

87

A&O

87 M

F&A
1st & ref 4Ms 1950
F&A
Arkansas & Missouri Power Corp
5s series A 1957
J&J

101M
106M

1953
J&J
—J&J
Associated Gas & Elec Co—
Conv deb 5 Ms 1977
F&A /
Conv deb 5s 1965
M&N f
F&A f

M&N

102 M

106M

102M
105 M

Elect 4Ms
6s Jan 1 1961

Cons ref deb 4 Ms 1958
S fine deb 5s B 1983

8*
!!*

55*

19 M

17

6

6

78

3M
3M
3M
10

10

34

J&D

IV*
30

33

18

A&O

17 M

M&N
M&S

16 M

16M

33 M

18M
18M

WA

See

Investing Companies.
Associated Pub Utilities Corp—
1st lien 5s 1947 ser A
Deb 6s series A 1958

„_J&J
M&N

Associated Telep & Tbleg CoDeb 5Ms 1955 ser A...-M&N

Certificates of deposit
2-yr 6% notes 1933
Certificates of deposit

77

79

64

68

71

72 M

55

Electric—
1964
J&J
Atlantic City Gas 5s 1960
J&J
1st lien & ref 5s 1957—j—J&J
Atlantic City Sew'age 6s A'56 J&D
*

r

Called Mar. I at 105.

Payable in Canadian funds,




70 M

72

66 M

109M

109 M

84

84 M

fiH

M&N
M&N

93

82 M

83 M

82 M

83 M
83 M

82 M
82 M

3Ms 1946.-M&N
3Ms 1947--M&N
3Ms 1948..M&N

83 M

82 M
82 M

3 Ms 1945—M&N

82 M
82 M

3Ms 1950.-M&N
Coll trust series 3 Ms 1951 -M&N
Brooklyn Queens Co & Sub—
1st ra g 58 1941 (stpd)
J&J

82 M

.J&D
J&D

—J&D
J&D
J&D

J&D
J&D

4s 1947---.
4s 1948

1st & ref 6s 1947 ser A
__J&J
Central Kansas Pr 6s 1946--M&S
7s

Certificates of deposit

Maine Power—
1st & gen 4s ser G 1960

Certificates of deposit

44 M

1

Ms Aug

Feb

2s

Aug

110M

F&A

113

112M

112M

56

100
99 M
99

100

15 1942
15 1942

99

15 1943
15 1943
15 1944

98 M
99

15 1944

98 M
98 M

98 M

15 1945..
15 1945
15 1946

98

3s

15 1946

98

Aug
„

98

Cent Pub Serv Corp—
Conv deb 5 Ms '49
F&A
Cent Public Util. (ws)inc5 Ms. 1952

Deb 5 Ms 1954
1st mtge 4s 1964

M&S

75M

J&J

35 M
36 M
102 M

M&S 1 6
J&D

Cent States Pow & Lt
Corp—
1st M & 1st lien 5 Ms 1953. J&J
Debenture 5s 1944
J&J
Cent States Utilities 6s 1938.J&J

J&D

101M

103

Cent

3s deb B 1943-1947
3 Ms deb C 1948-1952

J&D

102 M
105

105

107

109

J&D
Buff & Niag Falls El L & Power—
1st gold 5s 1942
F&A

120

118

Deb gold 5Ms 1942
1st mtge 4s 1966

108
106 M

1st 4s

ser

B 1961

Serial 2 Ms May 1 1940

104 M

3 Ms May 1 1941
3 Ms May 1 1942
4s May 1 1943

107 H
89
85 M
105M

105M

104

A&O
A&O

101M
102 M

M&N

106 M

103M
102M

107 M
89 M

87

4s May 1 1944

4Ks May 1 1945...
4Ms May 1 1946

t Called Feb. 2 at 102 M- t Called Feb. 13 at 106.
x Called Feb. 9 at 102,

108 M

60.50%
61.50%
62.25%
62.75%
62.90%
63.00%
63.00%

b Basis,

f This

2M
2%
78 M

37

1

37

1

74 M

48

"3"

1

Telep (Del) 6s 1938-..M&N

14

106 M
Central West Public Service—
5Ms 1956
/ 89
Charleston Cons Ry Gas & El
Consol gold 5s 1999
107
M&S
Charleston Transit Co—
1st 5s 1942
75
M&S
Gen & adj 5s 1952
M&S
Coll trust 5s notes 1942
M&S
Chester Water Service Co—
1st 4 Ms 1958 series A
M&S

76M
105

California Water Service—
107

73 %

Cent Vermont Public Serv
Corp
1st mtge 3 Ms ser B 1966--F&A

108

California-Oregon Power—

106

1M
1M

Edison, Inc—

1st coll inc 3-5s 1950
Central States Elec Corp—
Conv deb 5s 1948

94

99

101101M

15 1941

67-J&D

Cairo Bridge 1st inc 6 Ms '58_ J&J
Calgary Power 1st 5s I960--A&O
1st s f 5s 1964
J&D

142

103 M

2 Ms Aug
3s
Feb

106

30

109 M

98 M

15 1941

2s

107

101M

15 1940

1 Ms Feb
1 Ms Aug

~

Central States

112M
112M
105 M
93 M

1st lien & ref 6s '47 ser A__M&N
1st I ien & ref 5s ser B 1957 M&N
Deb 5s 1950
J&D

26

1st mtge 3 Ms ser A 1969—F&A
Serial
debentures—

89

Bklyn Un Elev—See BklynQueens
Bklyn Un Gas 1st cons5sg'45M&N

ICS

108 M

1st mtge 4s ser C 1964
F&A
Cent Pow 1st 5s 1957, ser D.J&J
Central Power & Light Co—-

90

45 M

105 M
102

98

101

1st s r 6s ext to 1950
J&J
Central N Y Power Corp—
Gen mtge 3 Ms 1962
-A&O
Central Ohio Lt & Power—

2 Ms Aug
2 Ms Feb

78 M

101M

99

106 M
107 M

89

A&O

103 M
102 M
101M
100 M

108M

2Ms Feb

87 M
45 M

102 M
103 M

A&O

45 M
41

88

104 M

102 M
104 M

1st & gen M 3 Ms ser H *66. F&A
1st & gen M 3 Ms ser J 1968J&D
Cent Mexico Lt & Pow

40 M

40

104
101

Central

Feb
2 Ms Aug

42

100

110M

105

•

2s

con 5s July *41
(stp)_.M&N
Certificates of deposit
Bklyn Un Elev 5s 1950
F&A
Certificates of deposit
Kings Co El 1st 4s 1949-..F&A
Certificates of deposit
Nassau Elec 1st g 4s 1951.-J&J

.J&D

.J&D
Cent Indiana Gas 5s 1957
M&S
Central Indiana Power Co—

50

1st

Buffalo General Electric—
Gen & ref 4 Ms 1981
Buffalo Niagara Electric—

3 Ms ser A 1968--J&D
debentures—

4s 1945-

83M
83 M
83 M
83 M
83 M
83 M
83M

82 M
82 M

3M« 1949—M&N

1944

100

4s 1944

68M

Butler Water 5s 1957 A
A&O
Butte El & P 1st s f 5s 1951.-J&D

56

Atlantic City

Gen mtge 3 Ms

65

See International Ry
Burlington (Vt) G L 5s 1955.-J&J

55

56

142

Athens (Ga) Ry & Electric—
1st & ref s f g 5s 1950
J&J
Atlanta Gas L 5s g 1947
J&D
Gen mtge 4Ms 1955
M&S
Atlanta Nor Ry—See Ga Ry & El
Atlanta Wat El & Pr 5s 1943 J&J
Atl Beach Bridge 6 Ms 1942._F&A

J&J f

Buffalo Traction—

56

A&O

r

Coll trust 3s 1941
Coll tr series 3 Ms 1942—-M&N
Coll trust ser 3 Ms 1943—M&N
Coll trust ser 3 Ms 1944—M&N

5s

100M

4s 1946

Bklyn City RR 1st 5s 1941-..J&J
Certificates of deposit
Brooklyn Edison Co—
Consol mtge 3 Ms 1966
M&N
Bklyn-Manhattan Transit Corp
Coll trust 4 Ms 1966
M&N
Certificates of deposit

1st

101

101

Gen & ref M 3 Ms ser O
2s deb A 1940-1942.

Associated Telephone Utilities
Deb 6s series A 1941
M&S
Certificates of deposit--.
Conv deb 5s series B 1942-A&0
Certificates of deposit--Conv deb 5Ms 1944 ser C-M&N

106M

.

40

33

12M

105

81

35

J&D

117

101M

Coll trust ser
Coll trust ser

101M

3Ms 1940
3Ms 1941.
3Ms 1942
3 Ms 1943

101

ser

2M
2M
2M

Serial

M&S

ser

99M
102

1st mtge

109 M
109 M

Bway & 7th Ave—See N Y Rys
Bklyn Borough Gas 5s 1967.F&A
Brooklyn City & Newtown RR—

ser

13

106

108

trust 3s 1940

101

100

.

106 M

1939

102

—

4s June 1 1949
Cent Illinois Light 3 Ms '66.-A&O
Central Illinois Public Service—

85M

1st 4Mb series B 1961
Broad River Power Co—
1st & ref 5s 1954 ser A

J&D

102
102

4s Dec 1 1948

100 M

99M«

100M

—

4s Dec 1 1947-..
4s June 1 1948

120

ser

\l*

110*

107 M

100M
100M

3 Ms Dec 1 1944

108 M
109 M

M&S.

99 M

3 Ms June 1 1945
3 Ms Dec 1 1945
4s June 1 1946
4s Dec 1 1946.
4s June 1 1947

96 M

89 M

101
101

3s Dec 1 19423 Ms June 1 1943
3 Ms Dec 1 1943.
3 Ms June 1 1944

96 Vs
98 M

103 M
93

100

3s June 1 1942--

29
22

101M

Coll trust

13

F&A

50

14M
14M
14M

96 M

100 M

14

106

J&D

Dec 1 1940.
3s June 1 1941.
3s Dec 11941

14 H

91M
87 M

99
106 M

debentures—

45

96 M
97 M

90M

105M

3s

100M

Coll trust

17
17

Income deb 4s 1978
Income deb 3 Ms 1978
Income deb 3 Ms 1978
Assoc General Utilities—

Serial

80"

118

Coll trust

17

M&S

132 M

Brlth Colum Pow 4Ms
1960_M&S;r
British Columbia
Telephone—

8*
17

Conv deb 4Ms 1973
Conv deb 4s 1973
Income deb 4 Ms 1978

117

104 M
76

Brandenburg (Germany) El Pr—
Extl 1st s f 6s 1953
M&NI/
Bridgeport Gas Lt 4s 1952—J&JI

99
100 M
103

M&S

3s June 1 1940

_M&S

97

J&D

Cent Ills Elec & Gas Co—
1st mtge 3 Ms 1964

131

Deb g 4Ms Nov 1, 1941—M&N|
Deb g 5s Dec 1942
J&D

18M

13

1973

106M

1st & ref 5s 1941
1st & ref 3 Ms 1965

114

116 X

116M

-

52

104M

First lien coll tr 5Ms '46--J&D
Central German Pow 6s '34-J&D /
Cent Hud Gas & Elec Corp—
'

113 M
115M

M&N

O '65

West End St 5s 1944
7» Sept 1947

18

13

Conv deb 5s

99

50
98 H
103

89

M&S

1st & coll tr 5s 1948 ser A„F&A
Central Elec of N J 5s 1940.-J&J
Cent El & Tel 1st 5s scr A '55 J&J
Central Gas & Elec 6s 1946.M&S

70
100 M
100

103

Mtge&Coll tr 3_Msser D'68 J&D

17M

13

Associated Gas & Elec Corp—
8s ex-warrants 1940
M&S
Conv deb 5Ms 1973
F&A

55

A&O

r

M&S /

1951

Carolina P & L 1st 5s 1956—A&O
Cent Ark Pub Serv Corp—

105

100

Bleecker St&FulFy-See NY Rys
Bloomington Dec & Champagne
1st & ref 5s 1940M&N
Bolivian Power 8s ser A '45.A&O
Boston Elevated Ry—

Coll trust

M&S

Scrip 4s 1941
Scrip 4s 1942--

103

J&J

98 M
102 M

Cape & VIne'd El 4s A '65
J&J
Capital Traction (Wash, D O)—
1st g 5s June 1, 1947
J&D

111

1959--F&A
A&O
Berlin Elec Elev & Underg Rys—
1st mtge s f 6Ms 1956
A&O
Birmingham Elec 4Ms 1968-M&S
Birmingham Gas 1st 5s '59.M&N

ser

6 Ms

Canadian Utilities Ltd—
1st mtge 5s ser A 1955

M

95M

109M

Sink fund deb 6Ms
Deb 6s Apr 1,1955

Coll

S fine deb 4 Ms O 1983—M&S
S f inc deb 4s D 1983
M&S
S f inc deb 4M-5Ms A 1986 F&A

S f inc deb 5-6s B 1986—-M&S
Conv A 5s 2002
Q-F
Conv A 6s 2002
Q-M
Conv A 7s 2002
Q-F

35
94

Berkshire Street Ry—
1st extend 6s 1947J&D
Berlin City Elect 6M« 1951—J&D

5s

100

Assoc

J&J
M&S
A&O

89

105

Ashtabula Wat YVks 5s 1958.A&0

Conv deb 5s 1950

Term

__

105

Arkansas P & L 1st 5s 1956-A&O
Arkansas Western Gas Co—
1st s f 6s ser A 1953
__A&0
AshI'd Home Tel 4 Ms A 1961A&0

Conv deb 4 Ms 1919
Conv deb 4 Ms 1948
Cons ref deb 5s 1968

Canadian L & P 5s '49 op '14 J&J
Canadian Rail & Harbor—
30

Bangor Gas Light 5s 1941—A&O
Bangor Hydro Electric—
1st mtge 3 Ms 1966
J&J
Bear Mt Hud Riv Bdge Co—.
1st 7s 1953
—A&O
S f income 8s 1953
A&O
Beauharnois Lt Heat & Pow2d mtge 5s 1978
J&J
5s conv notes 1978
J&J
Beaver Valley Water 5s '60-M&N
Bell Telephone of Canada—
1st g 5s 1955 ser A
M&S
1st g 5s 1957 ser B
_J&D
1st mtge 5s 1960 ser C
M&N
Bell Telep Co of Pennsylvania—

M & coll tr 4s

104

47

1st

8

104

J&J
J&J
J&J

Bergen Turnpike 5s 1951

103 M

J&D
& South Chicago Ry—
(35% prin paid) 1927 F&A
Camden & Sub Ry—See P S Corp
Canada Nor Pow coll 5s *53-M&N

Ask

Calumet

4

M&N

1st 5s 1946
Baltimore Transit Co—
Deb 4s series A 1975
Deb 5s series A 1975
Deb 5s series B 1975

—

88 M

Androscoggin & Kennebec Ry—

Income 5s

99 M

4M% extended 1944

108

Ana&Pot R RR-See WashRy&El
Anchorage Lt & Pow 7-5s'43 F&A
1st 6s 1940

Avalon Telep Ltd 4 Ms '58--A&O
Baltimore County Water & Elec

Bid

Bonds
Calif Water & Telephone—
1st mtge 4s 1969

Blackstone Val Gas & Elec—

5 Ms series D, 1945
F&A t 102 M
Amer Utll Service 6s 1964--M&N
86 M
Amer Water Works & Electric—

Deb 6s

7

12M

J&D

American Toll Bridge—

63

f

American Telephone & Teleg—
Deb 5Ms Nov 1 1943
M&N
25-year deb 3 Ms 1961
A&O

102 M

100 M

1st &ref 5s 1948 ser B
J&J
1st & ref 5s 1960 ser C
A&O
Bellows Falls Hydro-Elec Corp—
1st mtge 5s 1958
A&O

r

J&J
..-.J&J
J&J

Am Gas & Pow deb 3-5s '53-F&A
Secured deb 3.6-6s 1953
J&D
Am Pow & L deb 6s 2016-—M&S

Deb

62 M
6

f

Ask

Augusta Ry & El 1st 5s 1940 J&D
Elec Ry
A&O

—

85

F&A
M&N

1940

64

105

Altoona & Logan Val Elec Ry—
1st coll 4s Jan 1 1954
J&J
Amer Commonwealths Power—
Deb g 6s 1952 ser A
Deb g 5Ms 1953.--

103 M

44

Inc debs 4s w i 1969
Alliance Power 1st 6s 1952. .M&S
Alliance Pub Ser(Ohio)5s *57 M&S

Bid

101

5s '58 ser A M&S

Aurora Elgin & Chicago
1st 5s 1941

-J&J

J&D
1st & ref 5s 1968
M&S
Alabama Water Service Co—
1st M 5s 1957 ser A.
J&J

6s

Bonds
Atlantic Co Wat

Co—

1st 5s 1946
1st & ref 5s 1951
1st & ref 5s 1950
1st & ref 4Ms 1967

Conv deb

Ask

107 M

66

85
x

Chic Aurora & Elgin RR—
1st & ref 6s 1951

J&J /
Chicago City & Connecting Ry
Coll tr s f g 5s Jan 1, 1927. A&O /
Chicago City Ry—
1st 5s (15% paid) 1927—F&A
_

Chic North Shore & Milw RR—
1st mtge gold 5s 1936
J&J
1st & ref 6s 1955 ser A
J&J
1st & ref 5Ms 1956
A&O

price include accrued interest, k Last sale,

102 M

3

3M

7

7%

48

49
ft

1M
1M
1M

n

2M
2M
2M

Nominal,

PUBLIC UTILITY BONDS

74

NOTICE—Ail bond prices are "and interest" except where marked "f"
Quotations for all securities are as near as possible for the closing day of the

|

Bid

Bonds

Chicago Railways Co—
1st 5s 1927 stpd as to 25% pt
.red and pay Aug 1,1938--F&A
Certificates of

Eauit G & E Utlca 5s 1942.A&Q

Consumers

Power Co—
1st mtge 3Ms 1965
1st mtge 3 Ms 1965

_

49

ff

46M
9%
4M

deposit.----Cons M 5s ser A Feb '27—A&O /
Series B Feb, 1927
J&D /
Chicago Rapid Transit Co—

10M
5M

5M
5M
5M
5M
8/s
X

5
5
5
5

1st & ref 6 Ms 1944
-J&J /
/
Certificates of deposit—

1st & ref 6s 1953 ser A——J&J /
Certificates of deposit.----- /

y*
M

Adjust deb 6s July, 1963—J&J /
Certificate of deposit
f
Chicago & West Towns Rys—
/
1st cum inc 5s 1937
J
Cincinnati Gas & Electric—

Consumers

Water

109 M

Erie

M&N

106M

M&N

106

106%

109
110M
,

Crescent

1UM

Coll inc 6s B Oct 1 ,1954--J&D
Cuban Telep conv 5s 1951
J&J
Cumberland Co (Me) Pow & Lt—

98

Cincinnati Street Ry—
m

5^s

ser

Cities

W*
67

Dallas Ry & Ter 1st 6s

67

Danville Tr & Pow 1st 5s'41 .J&J
Darby Med & Ches Ry—See Phila R 1 ran
Darby & Yeadon 4 Ms 1934
/ 75
Dawson Ry & Coal 5s 1951
J&J
104
Dayton Power & Light—
1st
ref M 3Ms 1960
A&O 104i»3i

66 M
66 M

67

Cities Service Power &

67M

67 H

1969.

67 %

Light—,
83

§3 M
84

83
103 U

1

Deb

Citizens Utilities Co—

37 M
66

Citizens Water

110
79M
105

38M

5 Ms

69

Delaware Vail Util

70

6s

108 M

108M
104M

104%

106

1952_M&N

97

94

City & Sub PS—See Un Ryi
City & Sub Ry—See Wash 1
City of New Castle Water-

101M
City Water (Chattanooga)—
1st M 5s 1954 series B— _J«
1st M 5s 1957 series O...M&
Clarksbury-Columbus Short
Route Bridge 6 Ms 1952—J<S
Clear Springs Water Service-

101 M
105 M

>/

42

:....
—

—

100

—

Cleveland Electric Ilium—
108 M
102 M

108 Vs

109

110

46

48

Coast Cos Gas & Electric—

40

6s 1940.

io"

7

6s 1942.
*

105

?/

48"

46

i<——1»^ o o

£
£

104 M
105
104 M

Columbus (Ga) Elec & Power-

45 M

r

110M
127 M

3

~

25M

/
/

49

3

101M
109

Gary Street Ry 1st 5s 1937--A&O
Gas Co of New Mex 6 Ms '44 M&S
Gas & El of Bergen Co 5s '49_ J&D
Gen 5s Nov 1.1954
M&N
Gatineau Pow deb 5s w w '49 J&D

27

99

98

Ms series A 1969
A&O
1st 3 Ms series B 1969
A&O
General Gas & Electric Corp—
/
Scrip 4s due 1942
General Public Service Corp—
See Investing Companies.
General Public Utilities—

111%

113

m

•6

5%

6

1st lien & col 5s 1943 ser A. J&D

X

1

Georgetown Gas Lt lsP5s*61 F&A
Ga-Caro Pow 1st s f 5s '52--J&J
Georgia Power 1st 5s 1967--M&S
Georgia Power & Light Co—
1st mtge 5s 1978
J&D
Georgia Ry & Electric—
Atlanta Northern Ry Co—
1st guar 5s 1954
J&J
Gesfurel 6s 1953 x w
J&D
Grand Rapids Ry 1st 7s *39-M&N

F&A /

-

96"

93

103

r 101

(Germany)

Dumbarton B'ge 6Ms to

115

Commonwealth Gas Corp—

30
21

-/
-/

A&O/

12

If

14

I

92 M

)

3

104 M

3

93 M

3

105 H

Community Public Service—

9/

6

Community Water Service Co-

M&S /
*49-J&J

Duquesne Gas Corp—
1st conv 6s ctfs. 1945
M&S15/
Duquesne Light—See Phila Co
46 M Duquesne Nat Gas 7s 1948.-J&J
Duquesne Trac—See Phila Co
110% Durham Pub Ser 7s A '49--A&O
127% Durham Trac 1st 5s 1941 __-M&S
East Coast Pub Serv 4s 1948 F&A
East Jersey St Ry 5s 1944. _M&N
32
E. Kootenay Pow 1st 7s '42-A&O
23
East Prussian Pow 6s '53
J&D /
Eastern Gas & Fuel Assoc—■
16
1st m & coll tr 4s A 1956-M&S
Eastern Iowa Pow 6 Ms 1943-M&S
Eastern Lt & Pow s f 5s 1964 M&N t
1st & coll 4s series A 1965--J&J r
Eastern Mass Street Ry Co—
Ref m 4Mb 1948 A
J&J
94 M
Ref m 5s 1948 B
J&J
Ref 6s Jan 1948 ser O--M&S 15
Ref 6s series D Jan 1 1948-A&O
106
Ref 6s series E Jan 1 1948-A&0
Eastern Michigan Rys—
82 M
1st mtge coll tr 7s 1958
J&J /
80 M
Adjt 68 due July 1958
A&O f
41
Eastern Minn Pow 5Ms 1951 M&S
Eastern Oregon Light & Power—
5Ms series A 1951
M&S
138
5s series B 1953
-J&J
112
Eastern Shore Pub Service Co—'■
110
1st m 5Ms 1947ser A
M&S
110
1st M & 1st lien 5s 1955 B M&S
Easton Consol El 5s 1949--M&N
130
Economy Lt & Pr (111) 5s '56-J&D
Edison Elec Ilium of Boston—

109

29
78

83

3

81M
79M

J

39

J

53 M

Connecticut Light & Power—
*

131

3

111

3
3

109 M
108 H

Connecticut Power—

J

10SM

J

1956-

128

J

1st & coll trust 5s

109
108 M

Connecticut Ry & Light—

Granite City Generating—
1st coll 5s 1963

63

\

109"

1962J& J
Consolidated Edison Co of N Y-

89

90M

A& 0
A& 0

106

106 M

106 M

107%
106%
108%

1st lien

5s

Debenture

—

3 Ms

—

—

1946

Debenture 3 Ms 1948

O

106M

J

108

3Ms 1st M s f July 1. '65-J&J
Edison El 111 (N Y)—See N Y G
Edison Sault Elec 4Ms, 1961 A&O
Electric Ferries 7b (w-s) *41-A&O
Elec & Peoples—See Phila R T
Electric Pow Corp (Germany)—
1st sf6Ms 1950
^--M&S/
1st sink fund 6Ms 1953—A&O /
Electric P & L Deb 5s 2030-F&A
Eliz Plainf & Cent J)
See
Eliz

Consolidated Electric & Gas—•
vr

A

48 M
47

49 M
49

A

49

50

O

125 y*

127%

Consol Gas Elec Lt & P (Balt)Ref mtge s f 3Ms 1971 _„J&: D

109 M

110%

108%

&

Eliz &

Raritan

96 M
118

98%
97
97

104 M

—

105%

—

106

67 M

68

104

103
102M
73
102

81

J&J

83

86 M
76

-A&O

1st & gen 6 Mb 1950

—-

88 M
76 M

Great Lakes Power Ltd—

75"

101
95

M&S

1st s f 4Mb 1956
Gens f 5s 1957.

J&D

101M
96

Great Lakes Utilities Co—

82
12 M

1st lien coll tr 5Ms 1942--M&N
Northern Power—
1st 58 stamped 1950
F&A

66

67 M

Great

79%

79
101M

Green Bay & Miss Canal—
1st & ref 4 Ms 1953

- —

100

98

95

93 M

99

98M
100

Green

4Mb

M&S

J&D
*48-F&A
A&O

Gulf Public Service Co—
1st mtge 6s 1945
Gulf States Utilities Co—

—

55
2

82

81
.

101
96

Hamilton Gas 6 Mb Aw w

103
99
121

A&O

5Ms'38__J&D

Hamilton Gas Corp—
4s series B 1953

102%

'37 J&D

—M&S

Harrisburg Gas 5s 1970---M&N
Havana Elec Ry 5s 1952
F&A_
—

110M
102
95

110%

99

105%

106 M

102 M to 96
67

72

104M

_

1st m & ref 3 Ms ser D 1969M&N
Hamburg (Germany) Elec Co—
Extl g s f deb 7s 1935—M&N /
Hamburg (Germany) Elev Under-

gound & St Rys

103 M

_

J&D

1940-1953

Gulf Power 1st 5s 1968

103 M

110M

__

1963

1st & ref M 3%s
Serial notes—

107%

Corp—-

Mountain Power

Gulf Coast Water 1st 5s

lOl

102 M

104

108 M

108 M

15M

50

15M
72

76

58 M
108M

60%

49

M
5Ms (Sept'31 coupon)'51-M&S/
Hempstead & Oyster Bay—
98
Water 6% July 1 serially
Hest Man & Pair Pass Ry—See P hil R T
Holyoke Street Ry inc 5s
1945
Home Tel & Tel (Ft Wayne;—
1st 6s series A 1943
J&J
1st 5Ms series B 1955
A&O
Hoosac Valley Street Ry—
1st ext 6s June 1 1947—M&S
Houston Elec 1st 6s B 1950.J&D
Houston Gas Securs 5s 1952 M&S
Houston Gulf Gas—
1st M & col 6s 1943 ser A-A&O
Deb 6 Ms 1943 with war.-A&O

20

44

"X

48

„

13M

13M
78

79 M

_

Riv)Public Serv
J
Corp

Trenton RR

Light & RR1st & con g 5s 1956
M&S
El Paso Electric Co—
1st m 5s 1950ser A
J&J
E mpire District Electri c Co—
1st & ref m 5s 1952
M&S

104
18
17

Great Cons Elec Pow (Japan)—
1st M 7s 1944
F&A

„

Consolidated Cities L P & Tr—

40

97 M
96

A'56_A&0

15

_

,

J

80

_

_

Commonwealth Telephone (Pa)-

128
108 %
88 M

1st mtge & coll 6Mb C55-A&0
General Water Wks & El Corp—

IstM coll tr 6 Ms ser

29" "

96 M
124

109 M

Dominion Gas & El 6 Ms *45. J&J

20-yrsf 6Ms 1948
Duluth-Superlor Transit—

26

109M
109%

109

/
F&A /
Certificates of deposit
/
Dom Elec Pow 5Ms 1955—M&8 r
Dortmund Munic Util

93

107

3M
3M

3

.

_ - ... -

40

97

x-w

1st 3

__

1st mtge s f 6 Ms 1952
Certificates of deposit
8 f deb g 7s 1952-

1.50%

1.00%

101

49

Gen & ref M 3 Ms ser G '66M&S
Detroit International Bridge—

0.50%

A&O

„

108 %

>

Com'w'lth El 5s June 1 '43

95

93

f

Detroit Edison—
Gen & ref 4Mb 1961 ser D.F&A
Gen & ref M 4s ser F 1965. A&O

1st 5s 1953 ws

104 M
106
Columbus Ry Pow & Light—
1st mtge & coll tr 4s 1965-M
Commercial Mackay Corp—
Inc. debs 4s w w 1969 w i—
Commonwealth-Edison Co—

—

/

1.00
1.75
2.00

1957--•
M&S /
Galveston-Houston Elec Ry—
1st M s f g 5s 1954 opt. _—A&O /

--

*

101

1st s f 6s

1st lien coll 58

M&N *

Stamped as to Pa tax—
Denver Tramway Corp—
Gen & ref 5s 1950 ser A
J&J
Des Moines Ry 1st inc 5s Jan 1 *55
Detroit & Canada Tunnel—
1st mtge s f 6s 1953
M&N
Certificates of deposit
Convs f deb 6 Ms 1948
M&N
Certificates of deposit
1st 5s, 1966—
M&N

98 M
90

Telep 2d 6s 1954
J&J
Un Wat 6s 1935--J&J
Fruit Growers' Express—
Equip trust 4Mb to 1941--F&A
Equip trust 4Mb to 1943--M&S
Equip trust 4s to 1946---M&S
Fullerton-Portsmouth Bridge—

Denver Has & ElectTic Lt Co:—

1st & ref 5s 1951

99%
1033
104 !M

1944—J&J
5s with warrants 1944--J&J
Gary Rys Co 6 Ms ser A 1945 F&A

M&N * 106

1st 5s 1949

104""

102 M
104 %

Gandy Bridge (Tampa)—
1st mtge s f 5 Ms 1957
Gary Electric & Gas Go—

67

Denver Gas & Elec Co—

'

102 M
104 M

99 M

Sinking fund debs 5s 1946-J&D

Fontana

109

-J&J

105

84

M&S

Florida

107 M

J&J

1st mtge g 4 Ms 1969
1st mtge g 4_Ms 1969

(Scottdale)—

1st lien col tr 5 Ms 1957

Florida Pow & Lt 1st 5s '54--J&J
Florida Public Service Co—
1st 4s series C 1955
J&J

106 M

J&J

1959

Delaware Power & Light Co—
1st M 4Mb 1971
J&J

105 %

Federated Utilities Inc—

82

Delaware Electric Power Co—

Independent
1st mtge s f 4 %s ser /

Citizens

109 %

109 M
15

Florida Power Corp—
1st mtge 4s series C 1966--J&D

_

1951.J&J
Danbury & Beth Gas 6s 1948 F&A

28

A&O
A&O

Rys 1st 6s 1954
m 5s 1967

Ltg 1st

104 M
101M
1942—M&S
103%
Stamped
M&S
104 H
1st lien g 6s 1942 stpd—M&S
103
Debenture 6s 1954 ser B— J&D
Fed'l Pow & Lt 6s Nov 1,1965—
Federal St & Pleasant Valley
Pass Ry 5s Mayl 1942
J&J f 10
Federal Water Service Corp—
96 M
Conv deb 5 Ms 1954
M&N

39

36

88
94

Service Co—

Deb 5s

109 M

107M

1st mtge 3Ms 1966
---A&O
Cumberland Gas 6s w-s 1948M&N /
Dallas Power & Light—
1st mtge 3M81967
F&A

87

1st 6s 1955 ser B_

64

93 M

,

_

90

A

101M
86 M

62
92M

70

1st

85

Public ServicexCo—

/

82 M

1st 5s (Internat ser)

1953..F&A 1101
Cooper RivBri'geinc 1st 6s'58M&N
83
Copper Dlst Pow 4 Ms 1956
J&D
100
County GaS'(N J) 5s Jan 1 .1952_
83 M

108 M

Erie

48 M

44
130

J&J

Electric 6s 1959

Federal Light & Traction—
1st 58 (Amer series) 1942.M&S

89

88 M
2

Continental Telep 5s

108
109 M

97

90
80

1st coll 6s series A 1946- —M&N
Deb 5 Ms series A 1970
A&O
Contin Gas & El deb 5s 1958 F&A
Continental Pub Serv 6s '40_ J&D /

Erie Co

Erie & Suburban Ry 5s 1941 A&O
Fall River El Lt 3 Ms 1968—M&N

Co—

8

Cin Newport & Cov L & Tlst ref 6s 1947 series A__

108

Erie Coach Co 4Mb 1959

109%
110%
106 M

5

_

x

Ercole Marelli El Mfg Co (Italy)
1st s f 6 Ms 1953 with war M&N

M&N d 109M
M&N
109

M&N
M&N

1st mtge 3 Ms 1967
1st mtge 3Ms 1970
1st mtge 3 Ms 1966
1st mtge 3 Ms 1969

47 M

Ask

Bid

Bonds

Ask

Bid

Bonds

Ask

and Income and defaulted bonds
month preceding the date of issue

_

Elmira Water,

6

118%

104%

„

36

101%
101M

„

103%
101M

104 54

102%

105 M

104%

,

105
105 M

104 %

109%

1st ref mtge 3s series P '69.J& D
Consolidated Gas Utilities Co—*
6s unstamped 1943 ser A-.J& D
6s stamped 1943
__J& D
Corp 6% notes, 1940
A& O
Consol Hydro-Elec Wks of Upp

J /

*

terest.




n

85"

95

13%

t Called Feb. 1 at foi.
t Called May 1 at 103.
Nominal
r Payable in Canadian funds.

Called May 1 at 105.

k Last sale,

84
84

6^Basis.

d Called May 1 at 104M-

/ This price includes accrued in-

FEB., 1940]

UTILITY BONDS

PUBLIC

75

; bond
prices ere "and interest" except where marked "f" and income and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue

NOTICE—A1

Bonds

Bid

Light & Power
1st mtge 3%s 1966—

„

J&D

110M

Houston Natural Gas Oorp—
1st m coll 6s *43 with warr.J&D
Hudson Co Gas 5s g 1949—M&N
Hudson River Trac 6s 1950.M&S

104 M
126 M

3 Ms

1943.

111
100

102

101

102 M

98
97
109

110%

1st & ref 5s 1947 ser B
1st M 4 Ms 1961 ser O
Jer City Hob & Pat—See

95

108%
110M

1st

102 M

B—.M&S

64

ser

1st & ref 5s 1956ser O
S f deb 5,M«
1957—

106
104

J&D

101%
97 M

M&S

Indiana Assoc Telegraph—
1st mtge 4Mb ser B 1965--A&O
Indiana Central Telephone Co—
1st Hen coll 5 Ms 1938
M&N
Indiana Gas Utilities 5s 1946. J& J
Indiana Hydro-Electric Power—

96

98%

66

F&A

65%

81

63%
107%
101

102
104

3%sAugl 1942—...
3 Ms Aug 1 1943
3 Ms Aug 1 1944
3 Ms Aug 1 1945
4s Aug 1 1946
4s Aug 1 1947
4s Aug 1 1948--.Indianapolis Ry 5s, 1967
-J&J
Indianapolis Water—
1st mtge 3 Ms 1966
J&J
Indianapolis W W Sec CoSecured 5s 1958Inland Gas 6 Ms 1938
CertiffcateR of deposit

103M
102 M
101 M

...

-

103M
102M
101M
71
106

.J&J
F&A

100
60
60

6Ms stpd 1938 (25% paid)
Sinking fund deD 7s 1938.F&A

10M

6% notes 1932

21
21

21

A&O

10

92

75M
75M

30

31
32

73 M

73%

72

Certificates of deposit
Conv g 7% note 1932
M&S
Certificates of deposit
Intercontinents Power Co-

73

Debs A 6s 1948

-J&D
International Hydro-Elec System
Conv deb 6s 1944 w w
A&O
Internat'l Pow Ltd 6%s 1957M&S
Deb 6s 1957
M&S
Debentures 6s 1955
J&J
International Power Sec Corp—
6M% sec bonds 1955ser C J&D
Sec 7s 1957 ser E
F&A
-

Sec 7s 1952 ser F—
J&J15
International Railway (Buffalo)Ref & impt 3-5s 1962
M&N
Buff Trac 1st 5s 1948
J&D
International Telep & Teleg
Deb g 4 Ms 1952
-J&J
Deb 5s 1955
F&A
Int-State Bridge 4-6 Ms *50 M&N
Interstate Gas & El 6s 1951- -J&D
Interstate Power 1st 5s 1957.J&J
Deb gold 6s 1952
J&J

Interstate P S (Ark) 6s 1940 M&S
Interstate Rys 4s 1943
F&A
Interstate Telephone Co—
1st M 5s 1961--.
....A&O
Interstate Tel & Tel 5 Ms 1953J&J
Investors Telephone 3s 1961 -J&J
Iowa Electric Co—
A 1961

J&J

22

9

90

%
72
r

r
r

101%
96%
100
40
44

42%
46%

41M

43

27 M
79

31M

39 M
43 %
66 M

39%
44

54

62
43

62 M

44%

5

8

%
104
102
65

103%
66 M

101

102 M

Apr 1 1943

104%
105%

101

_

15-year

110

2022 ser A—M&S

125%
103%

101%:

Iowa-Ill Telep 2-5Ms 1949—A&O
Iowa-Nebraska Light & Power—

it 1st lien & ref 5s *57 ser A—M&N
1st 1& ref 5s 1961 ser B...M&S
Iowa Pow & Lt 1st 4 Ms 1958 M&S

Iowa Public Service Co—
Deb 5s 1968.
..-.M&S
Debenture 6s 1960
M&N
1st mtge 3 Ms 1969F&A
.

Called June 1 at 102%.

Canadian funds,




105 H
104 M
107 M

J&D

126%
104%
102%
112

/

106%
105 M
108

103 M

56%

1st

f 7s 1957 ser A.—A&O

s

Metropolitan Edison Go
1st M 4Mb 1968 ser D_—M&S
1st M 4s 1971 ser E
M&N

1965—M&N
101M Metrop Edison Corp 6s *61 -M&S
1st mtge 4s ser G

60

101%

I102""

100
48
18

::::

56

59

110%
107%

109%

110

111%

90

Metro Wat Sewer—See Fgn bds

Metropolitan West Side "L"—
1st gold 4s 1938—
F&A
Exten gold 4s 1938
J&J
Mexican El L 1st M g 5s '42.J&J
Mex Lt & Pow 1st 5s '40 s f—F&A
Mexican Utilities 7s 1939—A&O
Miami Bridge—
Income deb 6s (w-s) Mar 1952Michigan Associated Telep Co—
1st mtge 4s ser A1968
M&N
Michigan Consolidated Gas—
1st mtge 4s 1963
..M&S

106%
103%
104
104

103
104 M

105

loo"
104

7

9%
7%

7
21

21
35

40

84

«...

106

.

Serial notes—
4s Aug 1 1940

—

4s Aug 1 1941
4s Aug 11942

170

4s Aug
4s Aug
4s

Aug

4s Aug
4s Aug

4s Aug

102%

104
104
102

1 1943
11944
11945
11946
1 1947
11948

—

101%
101%
101

101

2M

41

Michigan Gas & Electric Co—
1st & ref 68 1943
M&S

14

102

1st M 5s 1956
J&D
Michigan Public Service Co—
1 st g 5s 1947 ser A.
A&O
Middle States Util 6s A1951 A&O
Middle West'n Telep 6s '43. J&J
Middlesex Elec Lt Pow 5s '55 J&J
Middlesex & Somerset Traction
5s 1950
J&J
Midland Util deb 6s 1938.—M&S
Milwaukee Gas Light Co—
1st M 4%s 1967.
M&S
Minneapolis Gas Light Co—
1st mtge 4s 1950
J&D

89%
85 M
48 M
49 M

_

_

-

43
42 M

1

86

108%

Minnesota Power &

101%
100%
54
91%
126
85

46%

101%
107

Light Co—
J&D

1st & ref 5s 1955
1st & ref 4%s 1978
64

102%

101
103

Mich Fuel & Lt 6s A 1950---J&D

M&N

106%
102%

Mississippi Power Co—
M&S
Mississippi Power & Light—
1st M 5s 1957
J&D
Mississippi River Pow 5s '51-J&J
Deb 5s May 1. 1947
M&N
Missouri Edison 1st 5%s *47 J&D
1st & ref 5s 1955

101
108

103

103

103%
109%

104%
100%

Missouri Gas & Elec Service—
88

89

65

75

104

103
68
109

60

69

1st 4-5s 1956
———A&O
Missouri Power & Light
1st mtge3%s 1966
J&D
Missouri Public Service Co—
1st s f 5s 1960
F&A
Missouri Telephone—

109%

Missouri Val Pub Ser 6s *39 J&J

Mobile Gas Service Corp—
1st 5s 1956
—A&O
1st cum inc 9s ser A '56--A&O
Income 7s 1956
A&O

105%

102

M&S

4%s series O 1961

62

105

103 M

105

...

Mob Lt & RR Cons g 5s '41-M&S
Mohawk Valley ref 6s 1991 M&N

82
81

83

105%

109%

110

120

98

r

1

95

97
90
76

80

70

102%
120
102

109%
111%

100

1st & ref mtge 3%s 1966—J&D
99%
Montreal Isl Pow 5%s 1957 M&N /rl05
Montreal Lt Ht & Pow Consol—
1st & coll s f 3%s 1956
100
F&A

10%

A&O

92%
103

108

60

F&A /

Monongahela Light & Pow Co—
1st M 5s 1949
-J&D
Monongahela Valley Water—
1st M 5%s 1950 series A—J&J
Monongahela West Penn Pub Ser
1st & gen mtge 4%s 1960.A&O
Debenture 6s 1965
—A&O

92%
108

Montana-Dakota Utilities—
Conv deb 4%s 1946
A&O
1st mtge s f 4%s 1954
M&N
Montana Power—

96

107%

Debenture 6s 2031
A&O
Monmouth Cons Wat 5s *56-J&D

84

105

M&S

Luneburg Pow L & W W (Germ'y)

1st & coll 3%s

1st M s f 7s 1948
—'..M&N /
12
Luzerne Co (Pa) Gas & Elec—
1st ref&imp g 5s'48 op'13 A&O
108%
1st & ref 6s 1954
M&S
107M
J&J

60

52%

1st & coll

Conv

1963—--J&J
3%s 1973
J&J
3s 1949
J&J
-

98%
106

98

96%

notes

115

101 %
105

101

Ry (San Francisco)

Meridionals Electric Co—

12

*52f unstmpd—A&O

A 1955-

St

Maryland Light & Power—
1st M 5 Ms 1950 ser A——J&J
Maysville P Serv 5 Ms A 1942A&0
Memphis Street Ry
3-5s series A 194o
—A&O
3-5s series B1945
Ann April

99

Long Island Lighting—
Secured g 6s 1945J&J
Conv deb g_5%s *52 ser A. A&O
Long Island Water 5 Ms '55 M&N
Los Ang Pac Co—See Pac El Ry
Los Ang & Pac RR-See Pac El Ry
Los Angeles Railway Corp—
1st ref s f 5s ser A 1948
A&O
1st ref s f 5s ser B 1950- .A&O
Louisiana Pow & Light Co—
1st mtge 5s 1957J&D
Louisville Gas & Elec Co (Ky)—

Debenture 7s 1944
100 %

85

Lone Star Gas 3 Ms debs *53 F&A
Long Beach Gas 1st 5s *56--J&D

ser

98%

100

-

A&O

Lombard Elec Co (Italy)—
1st extl 7s 1952.
...J&D

101M

Average priced
6 Basis,
Called Feb. 1 at 103.

a
x

34

99

1967-J&J

1st s f 7s 1940 ser A Q Jan—
Certificates of deposit—

Co—

Lexington Util 1st 5s 1952.-F&A
Lexington Water Power Co—
1st s f 5s 1968
J&J
Conv deb 5 Ms 1953
J&J
Lincoln Gas & Elec 5s 1941 .-J&D
Lockhart Power 4Mb 1955.-J&D

f 58

103%

„

Leipzig Overland Power
8 f mtge 6 Ms 1946——M&N
Lewiston Gas Lt 3 Ms O '56. A&O
Lexington Ry 1st 5s 1949
J&D

r

13

_

104

Market

.

1 st

85%
80
80

Market Street El Pass Ry—
See Phila Rapid Transit

37%

Lower St Lawrence Power—

80%

_

106%

1st & ref M 3Ms 1966

6

43

Gen sf5Ms 1956
A&O
Maritime Telephone & Tel—
Ref & gen 6-4 Ms ser B 1966 J&J

36%

1st sfg6Ms 1944

J&D /

f 7s 1941

.

^

A&O
85
46
1st M coll tr 5 Ms *53 ser C F&A
1st col&ref 5Msl960 ser D F&A
47
6s coll notes ser A 1942—F&A
42
6s coll notes ser B 1942—F&A
41%
La Crosse Telep 5 Ms 1948.-J&J
102 M
Lake Shore Elec Ry 6s 1933.J&J
9M
General 5s 1933
F&A f
Lake Sh Gas 1st 5 Ms 1950. -M&N
82"
Lake Superior District Power—
106
1st mtge 3Ms ser A 1966--A&O
Lancaster Co Ry & Lt 5s 1951 J&J
116
Lehigh Valley Transit—
1st extend 4s 1945
98
;
.J&D
Ref & impt g 5s 1960
63
J&D

t

109
106 M

s

Marion-Reserve Power—
1st mtge 4 Ms 1952
A&O
Maritime Electric 4 Ms 1956-A&O

^

100
O '42.F&A

s

Ref & gen 4s series O
108

Louisville Ry—
2d 4Mb 1940
M&S
General 5s 1950
F&A
Lowell Gas Light—
1st mtge 4Mb ser A 1966-M&S
Lower Austrian Hydro-Elec—

100M
100M
100M

—

1st mtge 4s ser E 1955....J&D

in

1st M
1st M

105%

Louisv Ltg 5s

101

4s Oct 1 1945
4s Apr 1 1946

—

f 5%s '51 ser A—J&J
s f 5Ms 1952 ser B._J&J
Mannheim & Palatinate Elec Cos

54

102 M

1st mtge 4%s 1980.------J&D
Kansas Power 4s series A 64 J&

„

53

5%

43

Manila Elec RR & Ltg Corp—
1st lien & colltr 5s 53—.M&S

2M

3

-

101
101

4s Oct 1 1943.______

*

84

100M
101M
101M
101M

4s Apr 1 1942.
4s Oct 1 1942

ser

48

103
104 M
105 M

i&£

1st extend 5s 1945

100

...

4s Apr 1 1941
4s Oct 1 1941...

rlPayable

1

73

notes—'

Iowa El Lt & Pr 7s

53

-J&D

Laclede Gas Light Co—
Ref & ext 1st 5s 1939
Ret & ext 5s. 1942

Ann O

s.

51

Manitoba Power Co Ltd—

1st mtge 3%s 1969 —— .—J&J
lllX
88
Kentucky El Pr lstsf 6sl960J&J
Kentucky Fuel Gas Corp—
1st 6Ms 1942 with warr—J&D f
9
66%
Kentucky-Ohio Gas Co—
Otfs indebt 2s 1958——-J&D / 30 M
Kentucky Power & Light Co—
1 st m 5%s 1948 ser B
100
M&S
85
Kentucky Utilities Co—
65 M
1st M 6 Ms Sept *48 ser D M&S
105%
103 M
1st M 5 Ms 1955 ser F
A&O
1st M 5s 1961 series G— -F&A
103%
108%
5sseries HI961
....F&A
103%
1st M 5s 1969 ser I
F&A
102%
1st 6s series K 1957
«¥&? 104%
104
Keokuk Elec 6s 1945
M&N
100 M
Kewanee(Ill)Pub Ser 6s A *49 J&J
98
Key West Electric 5s 1956.-F&A
Keystone Public Service—
1st M 5s 1978
.M&N
103%
Keystone Telephone Co—
1st & ref 5 Ms 1955 ser A--J&D
101M
1st 1 & ref 6s 1951 ser B.--A&0
74
102%
Kings County Elec Lt & Power—
108
Purch money 6s g 1997--A&O
160
KingsOoElev—See Bklyn-Queens
104
102
Kings Co Gas & HI 1st m '40 A&O
106 M
61M Kings Co Ltg 1st ref 5s '54--J&J
1 st ref 6Ms 1954
J&J
108
Kokomo
Water
Works—
12
105 M
1st 5s ser A 1958
J&D
Lackawanna & Wyoming Val RK
22
1st 5s 1951
F&A / 12
22
Debentures 6s
1948
F&A

30

Certificates of deposit

4s Apr 1 1944
4s Oct 1 1944..
4s Apr 1 1945

1M

66 M

75
75

Interborougn Rapid Transit—
1st & ref g 58 *66 op tax-ex.J&J

4s

47 M

36M

Kansas Power & Light

_

Certificates of deposit—

P S Corp

II*

51

Inland Power & Light Corp—
Coll tr s f 6s A 1936
-M&S
Oolltrsf 6s 1941 ser B... M&N
Coll tr 6s 1957 ser O
A&O f
Debs f 7s 1935
J&D
Inland Telep 1st 6s 1948
A&O

ser

2d income 4s 1963 w

105 M

Deb gold 6s

Terminal—

Manhattan Ry (N Y)—
Cons 1st guar 4s 1990-—A&O
Certificates of deposit— — —
2d gold 4s 2013
J&D

_

10

99

3s Aug 1 1940.
3s Aug 1 1941.

4s Apr 1 1940
4s Oct 1 1940

74

1st mtge 3 Ms ser A 1966-J&D
Kansas Gas & Electric—

95

Serial notes—

1st 4s

72

-

Kansas Elec Power—

98 M

6% conv notes 1940—.-—J&D
Indiana Telep 5s A 1960
J&J
Indianapolis Columbus & South¬
ern Traction 1st 6s 1948--F&A
Indianapolis Gas 5s 1952
A&O
Indianapolis Power & Light—
3Ms 1st mtge 1968—
F&A

Serial

106%
104%
102%
97 M

134

112 M
104

Manchester

...

°

Indiana Ry & Lt 1st 5s 1943-J&J
Indiana Service Corp—
1st & ref M 5s Jan 1,1950-J&J
-

—

44

Joplin W W 1st 5s 1957
M&S
Kankakee Water 4 Ms 1959a-J&J
Kansas City Gas 1 st 5s 46-4F&A
1st 6s series A 1942
F&A
Kansas City Public Service—
1st ref 4s series O 1957—-J&J

65

106 M

1st mtge 5s 1958 ser A
M&N
Indiana Pr 1st 7Ms *41 A .M&N

1st 1 & ref 5s 1963Indiana & 8 W Gas & Util

1967

98

Macon Ry & Light 1st 5s '53.J&J
105
Madison Rys 1st g 5s 1936--M&N /

Johnstown Traction 4s Dec 31 62
Cons mtge 3s B Dec 31 1962

104

Community Tel 6s 1949—J&J

1st mtge 5s 1960

Illinois Power & Light Corp—
1st & ref 6s 1953series A..A&O
1st & ref 5Ms 1954 ser B..J&D

2-6s.

79

Macon Gas 1st mtge 4Mb *52-J&D

99%

1st income 3-6s 1957 w s An Oct

^

stamped 1942

M&N

107

40

--J&J
Jamest'n (NY)Telep 5s 1954 J&D
Jersey Central Pow & Lt Corp—

5s

81

104

.

99

Inc deb 6s ser A w s 1952 M&N
James River Bridge System—

96%

Idaho Power 1st 3 Ms 1967--A&O
Illinois Bell Tel 3 Ms B *70—A&O
Hlinols Commercial Telephone—
1st 58 series A 1948—
M&S
111

103
113

101M

Ask

McLaren Quebec Power—
1st s f 4s ser A 1959

106

Island Gas & Electric—
25-yr s f 5Ms 1953 ser A—M&S
Italian Superpower Oorp—
See Investing Companies.
Jackson County (Mo) Lt H & P—
lst 6s series A 1956—-—J&D
Jacksonville (Fla) Gas—

100

J&J
A&O
A&O
F&A
A&O

_

127"

Bid

Bonds

Ask

103%

1st & ref 5 Ms July 1 50-M&N
Deb 6s 1950 ser A
M&N
Isarco Hydro-Elec Co (Italy)—
1st Msf 7s 1952
-M&N

105%

J&J

4%s due Jan 1. 19703 Ms 1947
2MB 1942
3 Ms
1953
3s Aug 1 1948

111M

102 M
101%

1st M 5s 1954 ser B
M&S
1st 58 ser O 1962--A&O
Hydro El Bond & Sh 5s 1957M&N
Hydro Elec Power Commission

(Ontario)

Iowa Southern Utilities—,
lei& ref 5Ms 1950.------J&J

73

Huntington Water Corp—
1st mtge 6s series A 1954--M&S

Bid

Bonds

Ask

Houston

f This price includes accrued interest.

e

Galled

Feb. 1 at

105.

k Last sale,

n

Nominal.

PUBLIC

76

BONDS

UTILITY

marked "f" and Income and defaulted bon
possible for the closing day of the month preceding the date of tssue

NOTICE—All bond prices are "and Interest" except where

Quotations for all

securities are

Bid

lionds

as near as

Ask

Bid

Bonds

Ask

Bid

Ask

r

101

102

r

98

Bonds
•

Montreal Tramways—
1st & ref g 6s 1941 opt-—-J&J
Gen & ref 6s 1955 series A-A&O
Gen & ref 5s 1955 ser B.-.A&O
Gen & ref s f 4Mb *55ser O A&O
Gen & ref 5s 1955 ser D.A&O

87 M
57

83 M
54 M
54 M

72

68"

54 M
105 M

Morgantown Water 5s 1965—J&J
86
Mount Hope Bridge 5s 1969. J&D
24
2d Income 8s Dec 15 1969— /
Mountain States Power Co—
100 M
1st & ref 5s 1938
J&J
100 M
1st M 6s 1938 series B
J&J
Mountain States Tel & Tel—
107 M
30-yr 3Hb debs 1968---J&D
105 M
Muncie Wat Works 5s 1965.M&N
Municipal Gas & El Corp of
/
12
Recldnghausen 7sl947 ---J&D
Mut Fuel Gas-8ee Peoples GL&C
Mutual Un Tel—See West Un Tel
Narrangansett Electric Co—
108 M
1st mtge 3 Ms 1066
J&J
Nashville Gas & Heating Co—
97 M
1st 5s 1951
—M&N

90"
26

Newcastle (City of)
New England G &

W 5s *41 J&D
E Association

101M

101M
108 M

..M&N
Convertible deb 5s 1962-- -J&J
New Engl Ppw Assn 5s 1948. A&O
Deb 5Ms 1954
J&D
New England Power—
3 Mb series A 1961
...M&N
New England Tel & Tel—
1st 5s 1952 series A.J&D
1st 4 Ms 1961 ser B
M&N
Newfoundland Light & Power—
lsts f 4Hs 1956—
J&J

95 M

1st

99

111M

109

109 M

99M

99
98 M
99
113

106M
25 M
25M

109M
128M

55

62

45

50

105 M

F&A
F&A

105 M
106 M

65
64 M
65

62 M
98

98 M
99 M

99 M

109

..j>.

105 M
106 M
107

North Continent Utilities Corp—
1st coll & ref 5Ms *48 ser A. J&J
North Penn Gas Co—
1st M & lien 5Ms 1957--M&N
North Shore Gas Co of Illinois—
Joint 1st mtge 4s ser A *42. J&J
North Texas Go 3-6s 1957---J&J
North Ind Gas & El 6s "52-.M&N
Northern Indiana Pub Serv—
1st 3 Ms series A 1969.—F&A
Nor Indiana Telep 4 Ms "55.M&N

102 M

45

105 H

47 M

105 M

106 M

85 M
74

86 M

S106M

107"

101
60

101M
68

130
126 M
102

129 M

106
105

A&O
(Minn)—
1st & ref M 3 Ms 1967.
F&A
Northern States Power (Wis)—
1st mtge 3 Ms 1964
M&S

109 M

110M

Northern Texas Elec Co—
Coll tr s f g 58 1940 opt...J&J /
Northern Utilities Co—
1st lien 4-6s 1968—. ——M&N
S f reg Income 3-6Ms May 1 "69
N'west Cities Gas 6s 1949—J& J /

106 M
109 M

HIM

88

90

66

69

11

13

A&O
M&S

4M« 1983
M&N
N J & Hud Riv Ry & Ferry—
1st gold 4s 1950
..M&S

115

117"

Certificates of deposit
Northwestern Pub Serv Go—

/
/

66

N J Pow & Lt 1st 4 Ms *60—A&O
New Jersey Water Co—

108 M

1st mtge 5s 1950
—F&A
New Mex Gas conv 5s 1951 M&N
New Mexico Power—

101M

--.—J&J
Lake—

99 M

1st mtge 5s 1958
New Orleans City &
1st s f 5s 1943
New Orleans City

103 M

RR 5s*43 J&J

New Orleans Pontchartrain Bdge
1st s f 7s 1946
M&S /
New Orleans Pub Service Co—
1st & ref 5sl952 series A..A&O
1st & ref 5s 1955 series B..J&D
5s stamped 1942.
J&J
Inc 6s Nov 1949 ser A
J&D /

18

73

Oborpfalz Elec 7s 1946
J&D / 13
98 M
Ogden Corp 4Ms debs 1944._J&J
111M
Ogden Gas 5s 1945
M&N
105 M
Ohio Assoc Telep 4Mb 1966-J&D

101

102

105 M

9M
9M
98 M

102 M

102 M

106

M&N

102

NewRochelle Wat 5 Ms *51-M&N
1st 5s series B 1951
M&N
N Y &
East
River Gas—See

95

....

Cities Water Corp—
1st M coll tr 5 Ms "53 ser A. J&J

99 M

M&N

1st & cons 4s 1965

1st mtge 4s 1967
1st mtge 3 M® 1972

—M&S
J&J

OO

Ohio Elec Pow 1st M 5s "57-J&D

107

106 M
100

108 M
109 M

109

1st g 5s Dec. 1 1948
J&D
Pur mon coll tr 4s 1949
F&A
Ed El 111 N Y con g 5s '95 J&J
New Amster Gas 5s 1948--J&J
NY & ER Gas 1st g 5s *44-J&J
Con 5s 1945J&J

125 M

NY&Westch Ltg 4s 2004--J&J
Deb g 5s 1954 op guar.. J&J
N Y & Queens Elec Lt & Pow—

104 M

113M

104M
114M

1st & cons M 3 Ms 1965—M&N
New York Rys Oorp—
Prior lien 6s stpd 1958
J&J

108

109 M

126

118M

M
_

__

140

121M
112M

123"
_

_

_

_

115

Ad] income 6s Jan 1 1965..Apr
Bleeck St & F F 1st 4s '50-J&J /
B'way & 7th Ave 5s 1943. J
/

103 M

N. Y. & Richmond Gas Co—
1st ref M 6s 1951 ser A..M
N Y State El & Gas Corp—

104 M

106

106M

M&S
M&S

/
/

9M

108 M
107 M

Deb 5 Ms 1959 ser B

Electric

■

—-

71
16

102 M

107

107 n

109 M

103

Co—

109

108

105
108 M

108 M

_

A—M&S

98

99 M

M&S

91

92 M

Pennsylvania Gas & Elec Corp—
Deb gold 6s 1976 ser A--M&S
Pennsylvania Pow & Light Go—
1st mtge 3 Ms 1969
F&A
4 Ms debentures 1974
F&A
Pennsylvania State Water Corp—

79

77

108 M

108 M
107 M

107 %
104 M

-+•

1—'i.I■ 0 0 Ol tfo

i at ref 4
Ms 1968 ser B
.M&S 1.103
105 n
Refmtg&coll tr3Ms 1964 J&D
105 M
Ref mtg & coll tr 3Ms '70.-J&J
94
Penn Wat Serv 5s ser A *67.F&A

106"
105M

86"
90

116

115

95 M
97 H
120

_

.

_

H

100

J&D

I960..

104

_

Peoples Tract—See Phila R T
Peoples Water Service (Md)—
1st lien 6s A 1949 w w. ..F&A

107 M

108M

Peoria Service Co 1st 5s 1954 J&D

,

97 M
28

—

Peoria Water Works Co—
_

.
-

-

-

-

93

87

103M

J&D
J&D

110M

106 H.

107 M

F&A

103 M

104

1st M 5s 1948 ser A.

ref 5s *41 .J&J /
Apr 1 f
15 "51

22
81M

Jf&J

55

Ontario Transmission Co Ltd
1st gu £ 5s "45 opt hef "16-M&N
M&S
Oregon Elec Ry 3s 1958
Oregon-Washington Water Serv—
1st M 5s 1957 ser A
J&D
Ottawa El Ry 4Ms *48-*55.J&J

104

101
103

Pittsb

2d Ave Tr 1st 5s 1934
J&D
So Trac 1st & coll tr g 5s'50A&0
United Trac 5s 1997 ctfs.-J&J
West End Trac con 5s *38.J&J

Philadelphia Electric—

"4"
82 M
58

105 M

107 M

86"

84

Rys 5s 1953.._—A&O
/
/
/
/

5
4 M

"6"

2M
8

3M

110M

110M

114

115 M

„

3Hsl967—M&S

Philadelphia Electric Power Co—
1st mtge
5Ms 1972
F&A
Phila & Garretsford St Ry—
1st 5s 1955-—
F&A
Philadelphia Rapid Transit—■
Coll tr g 5s 1957 opt s f—-F&A
5 f guar 5s 1962M&S
6s gold 1962
M&S
1st m r e 6s 1944
J&J
Darby Media & Ches St Ry

59 M
99

100

90

99"

98

103

101

107 M

108

J&J /

21

107 M

117 M

Hest Mantua & Fairm—

75

100

1st extd 5Msl939.——M&N /
Market Street Elev Pass Ry—
1st g gu 4s 1955
M&N
Union Traction—
Elec & Peo 4s tr ctfs '45. A&O /

_

1st 4Mb
49 M

95
r

103

102 M

.M&N
M&N
M&N
F&A

Philadelphia Company—
105 M
Secured gold 5s 1967
J&D
Ardmore Street 5s 1958.-A&O /
5
106 M
Duquesne Lt 1st 3 Ms '65-J&D
Duquesne Trac 1st 5s '30.J&J /
12

1st & ref mtge

Omaha & Council Bluffs St Ry—

'13.F&A

1st consol 48 1948.Prior lien 5s I948-1st con 5s 1948
1st & ref 5s 1950

_

109 M
106 M

1st mtge 3 Ms 1966
Debentures 4s 1946

1st extd 4s 1947.
Ontario Pow 5s *43 op to

8M

108

M&N
F&A

108 M

Old Dominion Pow 5s May

i

104

Penn-Ohio Edison Co—
Deb g 6s 1950 ser A

128

105 M

8M
8M

105M

100

126

104 M
108

H riH O O

M&N

New York State Rys—

——

Penn-Jersey Water—
1st coll 5Ms 1960——-F&A

107 M

103
F&A
102 M
3M-3Ms 1941-42
F&A
100 M
3Ms 1943-1944. ———F&A
98 M
4s 1945-1947
F&A
Ohio River Bridge & Ferry—_
100
1st 5s 1942
J&J
Ohio Term (Cleve) 6s 1947.-J&D /
38
Ohio Valley Gas Corp—
90
1st 6 Ms 1943 (with warr)—
80
7Ms 1943
——
J&J
Ohio Valley Water 5s 1954—J&J
108
*
Ohio Water Serv 5s A 1958-F&A
103"
1st mtge 4s 1964
__J&D

Oklahoma Ry 1st &
Income 5s 1990

12

101
5s 1964
J&J
Paterson Ry—See Pub Serv Oorp
Pecos Valley Gasext6Ms '44M&N .60
Pecos Valley Power & Light Co
69
1st extended 6Ms 1950.-M&N
11
Non-cum inc deb 6s 1950.M&N /
Penn Central Light & Power Co—
102 M
1st & ref 4 Ms 1977.
M&N
105
1st 5s 1979
M&N

4s

Oklahoma Natural Gas—

38
9

109
110M
105 M

124 X

Peoples Telep (Butler, Pa)—

112

1st mtge 3M"s ser B 1955._F&A
Oklahoma Power & Water—

108 M

19
93

Elec

&

105 M

loo"

Oklahoma Gas & Electric—

106 M
82

Gas

—F&A

1st mtge 4s, 1962
Notes—
3s 1940

110

Passaic

108
109 H
107 M

74

Ohio Public Service Co—

NYGELH&P
New York Edison Co—
1st 1 & ref 3 Ms ser D 1965. A&O
1st lien & ref 3 Ms ser E'66 A&O
N Y Gas Elec LH&P Co—

&

consol gold 5s 1949
M&S
Paterson & State Line Traction—

-J&D
A&O

Deb g 6s 2024-—
1st mtge 3 Ms 1968

100

Paterson

112

83
Peoples Gas (N J) 1st 5s *68-J&D
87
Istsf 5Ms I960
__J&D
/
21
Peoples G & Fuel 6 Ms ww'37 A&O
People's G L & Coke, Chicago—
1st cons g 6s 1943
__A&0
114M
Refunding gold 5s 1947.-M&S
95 M
1st & ref 4s 1981 ser B____J&J
97
1 st & ref mtge 4s ser D *6l. J&D
Mutual Fuel Gas g 5s* 47 M&N
1.17 M
Peoples Light & Power Corp—
1st lien 5Ms 1941
J&J f 115
Conv deb 5s 1979
J&J /
15
Peoples Light & Power Co—
102M
1st lien coll 3 6s 1961
J&J

Ohio Power Co—

97 M

108

Penn Water & Power Co—

Ohio Edison Co—

115

„

-

1st coll trust 4Mb 1966.-M&N
Penn Telep 1st M 4s 1965..A&O
Penn Water 1st 3 Ms A *67—F&A

Ohio

______

-

1st 1 &ref 5Ms *55 ser
1st L &Ry 5s 1958

99 M

103 M
104 M

104

1st M 4Mb 1980
1st 4Mb 1960
1st mtge 3 Ms 1964.

r

103 M
104M

J&J

Newport Water 5s 1953

105 M
90

F&A

Deb 5s 1956

Newport & Fall River 8t By—
Consolidated 4 Ms 1954
J&J
Newport Gas Lt 5s A 1961..J&D
Newp News & Hamp Ry G & E—
1st & ref 5s 1944

J&D

1st M s f 4s 1957
NY PA NJ Utilities-

110M

HO

107 M
1st & ref M3MsserI 1966.J&D
Pacific Light & Power Co—
111
1st 5s, 1942
J&J
Pacific Northwest Pub Serv—
17
Conv deb 6s 1950
-M&S /
Pacific Power & Light Co—
92 M
1st M 5s 1955
F&A
Pacific Telephone & Telegraph—
108 M
Ref mtgle 3 Ms ser B1966. .A&O
109 M
Ref mtge 3 Ms ser C 1966-J&D
104 M
Parr Shoals Pow 5s 1952
-A&O

Pennsylvania Gas & Elec Co—
17

.

1st M 5s ser A 1957
J&J
N'western Teleg 1 st 4 Ms "44. J&J
Nova Scotia Light & Power Co—

106 M
106 M

J&.l

109 H
112M

109M
112M

1st & ref 4s 1971 ser F
M&N
1st & ref 5s ser H 1962...A&0

67
65

104 M

1st & ref 4 Ms B 1970
1st & ref 4HsC 1981

Pacific Gas & Electric Co—
1st & ref M 6s 1941 ser B.J&D
1st & ref M 4s ser G1964..J&D
1st & ref M 3 Ms ser H *61 J&D

Pennsylvania

11

109M

Northwestern Penna Gas—
1st cum income 5s 1953..A&0 /
Northwestern Power Co Ltd—

New Haven Water—

48

70

Penn Public Service Oorp—
1st & ref 6s ser O 1947
M&N
1st & ref 5s series D 1954 .J&D

32M

109

99

Angeles Pacific Co—

51

35

46M

M&S

-

107
113

r

126 M

102"'

99

49M
34

5s 1942—J&J

1961

Paterson Ext extd 5s 1950—J&D /

Northwest Louisiana Gas—
1st M 6 Ms 1936 with warr_J& - /
14
Northwestern Electric—
104
1st 6s stamped 1945
M&N
Northwestern Elevated (Chic)—
1st mtge 5s 1941 opt
8M
M&S /
Union El (Loop) 5s g*45—A&O f
8M
Northwestern Light & Power—
97
6s series B 1950
F&A

124 M
126 M

Refunding 5s

-

Boston

Ltg Properties
105 M
3MS secured notes 1947-—A&O
1M
North Carolina Gas 6s 48.-M&N /
101M
North Central Gas 5MB 1955 A&O

104

M&S

1st ref g 4s 1950 opt *15.-J&J
Los Angeles Pacific KR—
1st & ref mtge 5s 1943.M&S

37

1st & ref 5s 1962
Northern States Power

99

103 M
102

M&S

1969

Pacific Coast Power 5s 1940-M&S

Los

Northern N Y Utilities Inc—.
1st lien & ref 7s 1946 A—M&N
1st lien & ref 6s 1947 B...M&N
Northern Okla Gas 1st 5s '46-J&J
Northern Penna Power Co—
1st & ref 5s 1956 ser A
J&D

81M

3 M®

Pacific Elec Ry g

4s debentures 1959
F&A
30
Nor Amer Gas & El 6s 1949..J&J /
North Amer Light & Power Co—
101M
Sf deb 5 Ms 1956
J&J

North

mtge

1st sf 5s 1952

111M

1966
M&S
Niagara Lockport & Ont Power—
1st & ref 5s 1955 ser A
A&O
Nippon Elec Pow Ltd (Japan)—
1st mtge 6Ms 1953--J&J
Norf & Ports Bdge 6Ms *47--F&A
6 Ms ctfs of dep
1947
1st & ref 3 Ms

3Ms debentures 1954
109 M

3-3 Ms 1940-1948
A&O
Otter Tall Power Co (Minn)—
1st mtge 4s 1961
J&J
Ozark Power & Water Co—

See N Y Gas Elec Lt & Pow

3 Ms debentures 1949

64 M
64 M

Oonv deb 5s 1950

110M

94 M

„

North American Co—

64 M

Deb g 5s 1947
M&S
Conv deb 5s 1948.——-J&D

109 M

Ref mtge 3 Ms ser B 1967--J&J
N Y Water Service Oorp—
1st M 5s 1951 ser A
M&N
N Y & Westchester Lighting—

123 M

Newark Cons Gas con 5s *48- J&D
Newark Gas 6s Apr 1 1944--Q-J

105

Serial notes—

117 M
102 M

GEL H & P

104 M

J&J

Niagara Falls Power—

_

Nassau El RR—See Bklyn Que
99
Nassau & Suff Ltge 5s 1945--F
National Electric Power Co—•
f
5s stamped 1978
----J
96 M
Nat Gas & El Corp 5s 1953.F—
97
5s series B 1947
-J&D
r
96 M
Nat Lt & Pow 6s 1949
M&N
National Power & Light—
111 M
Deb 6s series A 2026
_F&A
106 M
Deb 5s 2030 ser B
M&N
National Public Service Cori>—
24 M
Debenture gold 6s 1978—F&A f
24 M
Certificates of deposit—... /
f
3X
76
Nat Toll Bridge 6s stmp '39.J&J J
109 M
Nebraska Pow lst4Ms 198L-J&D
126
Deb 6s 2022-..—M&S
81M
Nev Calif Elec 1st 5s 1956—A&O
97
Deb 6s July 1941
J&J
New Amsterdam Gas—See N Y

New York Steam Oorp—
1st mtge 3 Ms gtd 1963
New York Telephone Co—

Ottawa Light Heat & Power—
Ref & coll tr 4s 1957——A&O

95

1936

.

.

99 M

100 M

_

People's Traction Co—
P P Ry tr ctfs 4s *43.F&A /

13 M

14 M

18

20

_

94

♦Called Mar. 16 at 102.

Payable in Canadian funds,




t Called April 1 at 105.
t Called Mar. 1 at 103.
x Called May 1 at 105.

& Basis.

/This price includes accrued interest,

k Last sale,

n

Nominal

FEB., 1940]

UTILITY

PUBLIC

77

BONDS

"and interest" except where marked "f" and Income and defaulted bonds
Quotations for all securities are as near as possible for the closing day of the month preceding the date of issue

NOTICE—All

bond

prices

Bid

Bonds
Phlla Suburban Water Co—
1st s f 4s 1965
M&S
Phila Transportation Co—

are

Ask

107 54

108 M

55 M

Cons 3-6s 2039
1st &ref 4s 1969

88*
80

75

Phila A West Chester Traction
1st 4s 1954
J&J
1st 6s 1954
J&J
Phila & Western Ry 5s 190O.J&J

39
48
4

Philippine Long Distance Tel—
1st s f 6s series A* 1953
J&J
Piedmont Hydro-El Co (Italy)—
1st & ref s f 6 54s 1960 ser A A&O

9354
42

Pinellas Wat Co 5Ms 1959.M&S
Pitts Canonsburg & Wash 5s 1937

4354

101M
6

Pittsburgh Rys—See Phila Co
Pittsburgh Suburban Water Serv
12

100
107

13
105

Henry L H & P 1st 5s *40. F&A

1854
85
85
84

Certificates of deposit
1st l'n & gen 4 Ms 1940. ..J&J
Portland Gas Co 1st 5s 1951-F&A

101M

30

20"
8554
8554

103

Portland(Me) Gas L 5s A'50 A&O

Portland General Elec Co—
72
1st & ref 4Mb 196u
M&S
105 %
1st M 5s exten to 1950
J&J
85
Portland (Me) RR 3 Ms 1951-J&J
98
1st 1 & con m 5s 1945—M&N
Porto Rlcan Power 6s 1950.M&N r 100
98
Porto Rican Rys Ltd 5s 1962M&N r
105
Porto Rico Telep 6s 1944—J&D
Postal Teleg & Cable 5s '53.J&J
18%
Potomac Edison Co—
108 M
1st mtge 5s 1956 ser E
M&N
110
1st M 4 Ms 1961 series F.-A&O
Potomac Electric Power—
1st mtge 3 Ms 1966
J&J
108%
Power Corp of Canada Ltd—
Gonv deb 4 Ms 1959 Ser B.M&S
88 M
Oonv deb 5s ser A 1957—J&D
103
Power Secur coll tr 6s '49. -J&D
100 M
Providence Gas 4s ser B 1963 F&A
10654
Provincial Light Heat & Power
5s 1946
M&S r 104*
Prussian Elec 6s 1954
F&A
Public Gas &Ooke 5s 1952—J&D
46
Public Service Co of Colorado—

86

10254
7254

87"

19

10654

101

102

104.78

103

104.85

103

104.74
104.34
103.87
103.17
102.27
101.16

100.14
99

99.53
99.17
98.78
98.36
97.91
97.42

1 1949...,

Guar g 5s March1.1953.M&S

108
108

Public Service Co or Oklahoma—
1st mtge 4s ser A 1966
F&A

106 M

10454

10554

151M

15254

102
83
85
102
65

4s Feb 1 1945
4s Feb 1 1946
Public Service Co of Pa—
1st lien & coll 554s '53...J&D

Public Service Elec & Gas Co—
1st & ref M 3 Ms 1968
J&J
1st & ref 5s 2037.
1st & ref 8s 2037

95

100

128

10854

109

10654

10754

J&J

J&D

104
103
102
101

9654
8654

61

11154

112

147
219

97M

9754
95

9254

93

§754
69

1st & coll 4sl962

M&S

.J&D
Union—

1st coll trust 5s 1951..

Extl deb 6s 1953

J&J /

83
120

85

9654

106M
107

6554
11

F&A

1154

111
100

66

115

Salt River Val Water Users Assn
6s 1940-1943
F&A
San Angelo Telep 1st 5s 1958 F&A

75

1454

125

75

Telep 1st 5s 1948. J&D

Southern Trac—See Phlla Co
Southern Union Gas—
1st & ref 554s series 11945
1st & ref inc 554s ser 11*45
s f

95

A&O
A&O

IP*
95

6s 1942...A&O

10754

Non-com 6s (ws) 1951

/

Southern Utah Power Co—
1st M 554s May 1. I960—M&S

M&N/

Ry debenture 454s 1943—J&D
Savannah Electric & Power Co—
1st & ref M 5s ser F 1955.M&S
Savannah Elec Co 5s g '52. J&J
Sayre (Pab Elec 5s 1947—.A&O

1st & ref 5s 1967 ser A
F&A
1st & ref 5s series B1961.F&A
Scranton Trans ser A 5s'59_ A&O
4s series B1959
A&O
Income 3sApr 11959
M&N
Seattle Gas 1st 5s 1954
A&O
Seattle Lighting Co—
1st 5s 1944
j
M&S

100

100

132

111%

1854
M
138

92

110

10554
5
90

8754
56

654
70
70

71]
71]

454
105%

106

11054
10754

111%
107%

104%

10554

10354

10354

9954
107M
73
71

74
73

7654
109
106

103

10454
35
127

A&O

6154
6154

F&A
J&D

81*
62

Deb g 6s 1957
F&A
Standard Public Service Oorp—
1st lien 08 series A 1948.
F&A

101

108%

36

63

63
63

6154

82*
63

6154

6854

71
71

73
73

,

89
13
13

Steubenvllle Wellsburg & Weirton

104M

105 M

93 M
93
70
55

94 M
94

14%

7154

73
58
16

7254

Ry 1st 5s 1951
—A&O
Syracuse Gas g 5s 1946
.J&J
Syracuse Lighting 5s g 1951 -J&D
Syrac Rap Tr 1st g 5s 1946-M&S
2nd mortgage 5s 1930
J&J
Taiwan El Pow s f 554s 1971-J&J
Tampa (Fla) Gas 554s '56 A&O
1st

5s

A&O

1961

20
117
127
17 M

4M

119
136

18]

5]

55

56

88*
93

97]

77

78

9754

99

95

Telephone Bond & Share Oo—
100

108

Deb 5s

J&D

1958

Telephone Service (Ohio)—

96 M

9954
100%

J&J

Convertible notes—
6s stmp ext May 1 '48...-A&O
6s stmp ext May 1 '48
Debenture 6s 1951

1st lien 6s 1948 ser B
J&D
Standard Telephone Co—
1st 1 coll tr o%s '43 ser A.M&N
Conv deb 6s 1938
..M&N
Stettin Pub Util 7s 1940.—_A&0

10654

96 M

M&S

Spokane Gas & Fuel 5s 1944.F&A
Spring Brook Water Supply—
1st ref 58 1965
..A&O
Spring Val Util ref 6s 1943—J&D
Springfield City Water—
1st mtge 4s ser A1956
A&O
Springfield (Mo) Gas & Elec Oo—
1st mtge 5s 1957 ser A
J&D
Springfield (Mass) St Ry—
Ref & gen 6s 1940
M&S

Debenture 6s 1966
6s gold debs 1957
F&A
Standard Power & Light Oorp—

97 M

1st 554s ser B 1957—M&S
Silesia Elec Oorp s f 6 54s'46 -F&A
Sioux City Gas & Electric Oo—
1st mtge 4s 1968
J&J

Telep Oo—
M&S

Stamford Water 1st 5s 1952..J&J
Standard Gas & Elec of Del.—

1065
1023
90

Southwestern States
1st M 6s 1948

If*

Light—

1st 6s 1949——

9754

Sierra Pacific Power Oo—
1st & ref 5s 1960 ser A

1st & ref M 3s ser O 1963—J&J
Southwestern Gas & Elec Oo—
1st 4s series D 1060
M&N
Southwestern Light & Pow Co—
1st mtge 3Ms ser A 1969..J&D

105
107 M

39

1937..M&S

Deb g 6s 2022 series A
M&S
Southwestern Public Service Oo—
1st M s f 6s 1945 ser A
J&J

10754

97

3754

Southern United Gas Co—

Southwestern Power &

„

Debs f 7s 1942

San Joaquin Lt & Power Oorp—
Unif & ref 6s 1952 ser B—M&S
San Jose Water Works
1st mtge 3Ms ser A 1961—J&D

Mtge g 4s Dec 1, 1943
J&D
South Bay Consolidated Water—
1st ref 5s 1950
M&N
South Carolina Power Co—
1st Hen & ref 5s 1957
J&J

1954

10554
102 M
107
80
127

102 54

Apr 151940..
100
4s Apr 15 1941
103
4s Apr 15 1942—
104
4s Apr 15 1943..
10454
4s Apr 15 1944
102M
4s Apr 15 1945
10154
4s Apr 15 1946
101
4s Apr 15 1947—
101
4s Apr 15 1948
101
San Diego Consol Gas & Elec—
1st mtge 4sMay 1 1965—M&N
111M
San Diego Co Wat 6s A '62.M&S 1105
San Francisco Bay Toll Bridge—
1st M sink fund 654s '57.M&N £
17

50
106

105

Southwest Telephone Co—
1st 6s series B 1947
M&S
1st 6s series C 1947
..J&D
Conv deb 6s ser A 1932
J&D
Southwestern Assoc Telep Co—
1st M 5s 1961
—A&O
Southwestern Bell Telephone—
1st & ref M 354s ser B *64. J&D

102

5s 1942-1946—
J&J
Sioux City (la) Serv 6sl951.J&3
Somerset Un & Middlessex Ltg—

9754

73

49

101M
106 M

S'west Pub Serv 654s

M&S

Serial debentures—
3s 1940-41

Power—

Queensboro Gas & El 5s '52.J&J
Conv g deb 554s *52 ser A.A&O
Republic Service Corp—

10554

104

Adj mtge Inc Jan 1 6s *60-A&O
1st M pipe line s f 4 54s '51 A&O
Southern Neb Pow 5 54s B'47 J&J

102

454s Jan 1 1943...

Shenango Val Water 4s B'61 A&O
Shlnyetsu Elec Pow (Japan)—
1st sink fund 054s 1952
J&D
Shrevp't Bdge & Term 5s'55.F&A
Shreveport Rys—
Gen Income 4s (w-s) 1957-A&0

95

1st & ref 4Mb 1950 ser D.J&D

10954
108

105 54

Southside Va Pow5s 1956..F&A
Southwest Gas Oo (Okla)—
1st s f 6s 1954—
M&N
S'west Nat Gas inc 6s 1966.. A&O

1st coll tr 4s ser F 1961
A&O
1st coll tr 4s ser G 1969—J&D
Conv coll sec 3Ms 1946..M&N

Puget Sound Power & Light—
1st & ref 554s 1949——. &D
1st & ref 5s 1950 ser O...M&N

Serv

109

Shawinigan Water & Power Oo—
1st M&col b f 454s'67 serA A&O
1st coll tr 454s ser D '70-A&O

1005*

Southern Cities Utilities Co—
1st lien & coll 5s 1958
A&O
Southern Colorado Power Co—
1st g 6s 1947 series A..—J&J
Southern Counties Gas (Oalif)—
1st M 454s 1968—
M&N
Southern Natural Gas Oorp—

10-year coll

Scranton-Spg Brook Water Serv—

86
66
100

Wat

10254
106

105

Joseph Water 4s A 1966.-A&O

Schenectady Ry 1st 5s Mar 1, '46

Public Utilities Consol Corp—
1st M 5 Ms 1948
M&S
1st coll 4-5Ms 1948
—A&O
Puerto Rico El Pow 4s to '56.J&J

Rhine-Ruhr

35""

Second Ave Trac—See Phila Oo

4s Feb 1 1943
4s Feb 1 1944—

Quebec

68
49

115

——

Scioto Val Ry & Pr 1st 6s *43. J&D
Scranton Gas & Water Co—
1st 454s 1958
M&S

Serial debentures—
4s Feb 1 1941
4s Feb 1 1942

104$
109

10354
r

'

Santa Barb Tel 354s ser C'60 J&J
Sandwich Windsor & Amherst b*g

Public Service Co of Nor IU—

A&O

10854

South N E

60*

4s

10354

1 1948...
1 1948...

1st mtge 3 Ms 1968

58*

Serial notes—•

Public Service Co of N H

_

108""

40

10854
9554
8454

58 1 949
M&S
San Antonio Public Service—
1st mtge 4s 1963
...A&O

102
103
103 M

Elizabeth & Trent 5s *62.A&O
J O Hob & Pat 4s 1949—M&N
Pater son Ry—
2d 6s '14 ext 5% to '44.A&0
So Jersey Gas El & Trac—

23
65

11154

10754
11054

A&O

454s 1962

San Antonio Gas & Electric—

Trust certs 6% perpet
M&N
Camden Sub 1st 5s 1946-J&J
Eliz Plainf & Cent Jersey Ry—
1st g 5s Dec 1, 1950...J&J
Eliz & Raritan Riv 5s '54.M&N

1—'!-» oo cc
oo

Ref mtge 3 Ms ser B 1960..J&J
Southern California Gas Oo—
1st & ref 454s 1961
M&S
1st M & ref 4s Aug 1 *65. F&A
Southern California Water—

102

Salmon River Power—
Guar 5s 1952

106

1st mtge 3 Ms ser G1960..F&A
1st mtge 3 Ms ser D *60.-M&N
let 3 Ms series E 1961
F&A
1st 3 Mb series F 1966
J&D
Public Service Corp of N J

HH OO ►£"0 &

3s debentures 1979
J&J
Southern California Edison—
Ref mtge 3 Ms May 1 1960.J&J

1st M 454s 1960
..A&O
Southern Canada Power—

Corp—

Gen gold 5sl944
16
48

J&D

1 1949

.

I

1st mortgage 5s 1959
Convertible income 4s 1964—. /
St Paul Gas Light—

104

.

...

A&O

St Louis Co Gas 1st 5s 1951 _A&0
St Louis Public Service—

Pub Serv Co of Indiana—

3Ms Mar
3 Ms Sept

8854
84

1

HOI

8Ms debentures 1962....A&O

101

M&S

1930

debentures—
3 Ms Jan 1 1941..1
4s
Jan 1 1942

St

90

10354

M&S

1

1st lien 6s x-w 1941
J&D
S'eastern P & L deb 6s 2025.M&S
Southern Bell Telep & Teleg-

10654

Ask

Cor

Southeastern Gas & Water Co
1st lien 6s 1944
-J&D

Serial

10954

J&D

3 Ms Mar
3 Ms Sept

1951

of dep...J&D /

S f454sinc A notes 1958.M&S /
66
S f 454s inc B notes 1958.M&S /
47
106
Rome (Ga) Ry & L 5s '46
A&O
Ruhr Gas Corp 654s '53 A—A&O /
17
Rumford Falls Power—
Gen M 454s May 1948—M&N
10054
1st s f 4s Oct 1945
104
A&O
Safe Harbor Water Pow Corp—

108 %
11054

,

1st mtge 4s ser A1969
Serial debentures—
3 Ms Sept 1 1940.
3 Ms Mar 1 1941.
3 Ms Sept 1 1941.
3%s Mar 1 1942.
3 Ms Sept 1 1942.
3 Ms Mar 1 1943.
3 Ms Sept 1 1943
3 Ms Mar 1 1944...
3 Ms Sept 1 1944—
3 Ms Mar 1 1945—
3 Ms Sept 1 1945...
3 Ms Mar 1 1946.._
3 Ms Sept 11946...
3iMs Mar 1 1947—
Ms
3 Ms Sept 1 1947...

Water extend 5s
Roch Ry cons 5s g
>d 5« g 1933 ctfs
Rochester Transit

1st mtge 8 f 4%s 1979
J&D
Saguenay Power 4 Ms A1966 A&O
1st 4Ms series B 1966—..A&O
St Clair County (111) Gas & El—
1st cons guar 5s 1959
M&S
St Joseph Ry, Lt Heat & Power—
1st mtge 454s 1947.
_J&D

_

"

10754
111%
107%

Gen mtge 3 Ms ser J 1969-M&S
Rochester &
Lake Ontario

96

Portland Elec Pow 6s 1950-M&S
Portland (Ore) Gas & Coke—
1st & ref g 5s '40 opt '20.-J&J

1st mtge 3 Ms 1964
4s s f debs 1949

South Jer G E & T—See Pub Serv ice

120

Gen mtge 4Ms 1977ser D.M&S
Gen 3Ms series H 1967—M&S
Gen mtge 3 54s ser 11967.M&S

103

Pittsburgh Trac 1st 5s 1927. A&O
Plainfield G & E gan 5s 1940
Plalnfleld-Un Wat 5s A '61.M&M
Platte Val Tel 1st 4 Ms *58. .M&N
Pomerania Elec 6s 1953—M&N
Pt

Bid

Bonds

Ask

_

M&S

1st 1 & ref 5s 1958

Bid

Bonds

Rhine-Westphalia El Pr (Germ'y)
Mtge g 7s 1950
M&N/ 1554
Direct mtge 6s 1952-....M&N /
1454
Con mtge 6s 1953....—F&A'/
1454
Cons 6s 1955—
.—A&O / 1454
Richmond (Ind) W W Oorp—
1st M 5s 1957
-M&N
10554
Richmond (S I) Lt & RR
105
1st coll tr t 4s 1952
J&J
Rio Grande valley Gas Co—.
1st mtge 5s 1950
8754
A&O
Roanoke (Va) Gas Light—
82
1st 5 54s 1951
F&A
Roanoke Ry & El 5s 1953..F&A
10554
Rochester Central Power Corp—
82
Deb g 5s 1953
M&S
Rochester Gas & Elec Oorp—

8154

8354
10054

5s 1953
M&N
Temescal Water 1st 5s A *60 M&N
Tennessee Eastern Elec Oo—
1st M 5s 1943
F&A
Ref s f 6s series A 1955—-M&N

101

Terni

Terre

102

88*
67

62

73

67
106
103

13%
105

105M

1st con M g 5s 1944
M&N
Terre Haute W W Oorp—
1st M 6s 1949 s* A
J&D
1st M 5s 1956 ser B
_F&A
Texarkana Wat 1st 5s '58
F&A
Texas Elec Ry 5s 1947—
J&J
Tex Trac 1st 5s 1937 opt—J&J
Texas .Electric Service Co—
1st mtge 5s 1960
-J&J
Texas Gas Utilities Co—
1st 2-6s 1951

M&S /

Texas Hydro Electric Oorp—
1st mtge 6s ser A 1956
A&O

101
103

Texas Pow Oorp 6s 1950

^General

101

104
81

Hydro Elec 654s 1953.F&A
Haute Traction & Light—

86

054s

1950

M&S
M&S

Texas Power & Light—
Deb g 6s 2022 ser A.....-J&J
1st & ref 5a 1956
M&N
Texas Pub Serv 1st 5s (w-s) 1961.

100

10154

10354

96

4254

42M

109

102
102

10554

354
3M

104%
22
88

454
4M
105
25
89

102

94
117

10754
9854
Texas Traction Oo 5s 1937-.J&J /
1

96

119M
10754
9954
....

99

il
♦

n

Called Feb.

Nominal,

r

1,1940, at 105.

t Called Mar

Payable in Canadian funds.




1 at 105.

a

Average price.

6 Basis.

/This price includes accrued interest.

k Last sala<

BONDS

PUBLIC UTILITY

78

NOTICE-—All bond prices are "and interest" except where marked "f"
Quotations for all securities are as near as possible for the closing day of the
Ask

Bid

Bonds

Bid

Stocks

Ask

Bid

Bonds

and Incom* and defaulted bonds
month preceding the date of issue

*

Third Avenue Ry (New

Waukesha Gas & Electric Co—
1st
5s
1959
J&J

York)—

1960 opt aft *14 J&J
Adj inc g 5s Jan 1960 opt--A&0
Third Ave BB 1st 5s g 37- -J&J
Union Ry 1st 5s g 1942.-F&A
Westchester El 1st 5s g 43. J&J
Yonkers Ry 1st 5s 1946—A&O
Tide Water Power 1st 5s 79-F&A
Toho Electric Power (Japan)-—
1st s f 7s 1955 ser A—M&S15
Tokyo Elec Light Oo (Japan)-—

52%
14%

a

97

98%

75
65

1st ref g 4s

82

Hydro-Electric—
1st 68 ser A 1950
J&J
Conv deb 6**s 1945
J&J
West Coast Telep 1st 4s '64.M&S
West End St Ry—See Boston El

56""

J&D15

1968—-J^

_———J&J

S f deb 4s 1948

Traction Term'l Corp 5s

1954—J&D

70

107

73
108

6% preferred.

120

122

Common class A.

108**
115 %

112

84"

81

1st ext

2d extended

65%
A 1952--J&D
57
B 1952--J&J
Twin States Gas & Electric—105
1st 1 & ref 5 %s 1945 Ser A-M&S
Tyrol Hydro-Electric Pow Co—lit M 8 f 7Hs 1955
M&N / 12%
Guar s f 7s 1952
-F&A / 12%
UjlgaWa Elec Power (JapaiD--1st M s f 7s 1945
M&S15
Union Electric Co of Missouri-—
106%
1st mtge & coll tr 3 %s 1962 J&J
102%
3% notes, 1942----------J&J
1st lien & ref5%s

J&J

77

West Virginia Water Service—
1st mtge 4s 1961
A&O

105

-—

Westchester Lt 1st g 5s

89%

103

102
60

A&O

70
65

A&O

75

Union Ry—See Third Ave Ry
Union Traction—See Phlla R T

Co—

A.M&N

Unit Elec Co of N J 4s *49--J&D
United Elec Rys (Providence)—
Gen ref M 5s Jan 1951 ser A—
Gen ref M 4s Jan 1951 ser B—
United Electric Service (Italy)—
Extl 1st s f 7s 1956 ser A—J&D

98%
90%

101**

43**

43%

81

108%
77%
118%
77

88%

99

10

'100

.

69

68

66**
101**
76**

67

77**

75**
64**
108**

15**

65

108**

108

109

103

Co—

108**

109

106

106**

Serial debentures—

100**
103
104

...

4s June 1 1943

103

4s June 1 1944

102

4s June 1 1945

101

4s June 1 1946

100**

Public Service Corp—

109**

1st mtge 4s 1961
—J&D
Wolverine Pow adj 4 **s Mar 1 '59
....

101%
102

109%

44

Worcester Transit Association—
Cum income 6s 1952
J&D1/
\ Cum income 6s (w s) 1952. J&D /
Wuerttemberg (Germany)—See

Hydro-Elec of
Wyoming Vail P S 6s 1971-A&O
Yadkin River Pow 1st 5s *41 A&O
Yonkers Ry—See Third Ave Ry
York (Pa) Gas 1st 5s 1941.M&N
York Haven Wat&P 1st 5s'5lJ&D
York Rys 1st M * 5s *37 opt-J&D
5s stamped 1947..
J&D

102%

68

^Utilities Power & Light Corp—
Deb g 5%s 1947
J&D /
Deb 5b 1959
F&A /

93

92%
92%

93

$7 pref

Alabama Power

72

76

$6 preferred
*
$5 preferred
*
Alabama Water Service6% pref.*
Allegheny Traction—See

Utilities Public Service Co—

J&D f
Vermont LtgCorp 1st 5s*44 A&O /
Vesten Elec Ry 7s 1947
J&D f
Virginia Electric & Power—
Conv 6s 1933

15
8
12%

12"

Pow com

Amer & Foreign

109%

$7 preferred$7 second 2nd pref series A
$6 cum pref

102%
101%

102%
104%

102
99

Amer Gas & Elec new com

Warrants

75

73%

52%

18*

125

Washington Ry & Elec Co—

J&
A&
A&
F&

108%
96%

109%
100

111

100~"

96%

108

107%

/
/

6%

*

8

7
7

8

*
*
10

100
♦

&

106
95

85

98**

36**

Traction.

—25

25

Light com

—*

$6 pi pferred*
$5 preferred-♦
Amer Public Serv 7% pref—100
American Service S3 preferred-.*
Amer States Utility com

5** % preferred
25
Amer Superpower Corp com—-*
First |6 preferred
*
Preferred $6 series
*
American Telep & Teleg——100
Amer Utilities Service com
*
6% preferred
■-25
Amer Wat Wks & Elec com
*

2

1%
23**
5**
19%




37
99

16%
%

—.100

152

96%

*
100
1

102
108
100
1.10

42%
15%

50

6 % preferred
Cent Hud G & El com

*

;

100
4 % % pref.

115

100

112%

-—*

83

pref-100
Cent Indiana Power 7% pref 100
Central Maine Pow 56 pref—100
6% preferred.—
---——100
87 preferred
100

100

pref-

—

65

Cent Indiana Gas 6**%

69
108
108

Cent Ohio Lt & Pow 6% pf
Central Pow & Light 7%

6% preferred
Cent & S W Util
Prior lien

99%

100

5% preferred

09

*

pref 100

100

109%
109%

50c
*

70

*

117

6% pf-*

104

5
ctfs—*
—*
partic ctfs ser 1—100

1

com

preferred

1%
5%

Central States Edison

110%
2**

1U%

15**

2%
%
15%

29

30

3**
54

44**
97**
16

2%

16g

4

54%
45%

8*
3

& L 57 pf—

Central West Oo. v t c

Chicago Rys

100
Series 3
100
Series 4_
100
Cincinnati Gas & Elec 5% pf 100

i*
%

50
Telep—50
com.——
10
-—100

Cincinnati Street Ry

**
74**
171%

25c

35c

7**

W*
99

115

*

110

a.

—

__

109%
2%

Preferred
Preferred B

Preferred BB
Cities Serv Pr & Lt 56

pref

87 preferred

*

*

97
4

55%
5%
52%
82%
86

—

%
%
%

Series 2

Cities Service

14

1%

Chic City & Con com part
Pref partic ctfs

Cincin & Suburb Bell

73**
13**
170**
6%
10**
95**

Central States Pow

Cent Vermont Pub Serv

17

114

110

2%
99

4%
55%
5%
55

83%
89%

Phila R T
Traction—See Phila Co

Citizens' Pass Ry—See

Citizens

112

6% preferred

f New corporation will be known as Ogden Corp.
* No par
n Nominal,
r Canadian price,
x Ex-dividend.

k Last sale,

84%
103%
25%

14

Preferred

36**

$6 1st preferred
*
Appalachian El Pow 7% pref —*
«

3%
84**

Central N Y Power Oerp-:-

59

$

1**
'

105

4**% preferred

1**
22**
5**

21%
103%

9

98

1 %

23

90

95**

93**

13
60

Water—-—100

118

84

1%
13**

*
-*

$7 preferred

87

54

—

Cent Arkan Pub Serv Corp pf
Central Elec and Tel com

94**

15%
54%

6% preferred
100
Central Arizona Lt & Power Co—
$6 preferred
— *

101**

«■

preferred.

Amer Power &

73
69

M 5s 1955
M&N
1st lien & ref 68 w w 1960-F&
Washington Gas Lt 6s *60—M&!

23

105

150

100

Light 57 pref

(Carolina Tel & Tel

* t-r

$6 preferred—

4%% cum preferred.
Amer Gas & Power com
American Light

1st

5
*

WtUTftDtS

103%
98%

50

36**
27%
2**
6%

*r

56 preferred.
Casco Bay Lt &

105
94

7
36

*

201

wireless Ltd—

Carolina Pow &

Phila On

Allentown Beth Gas pref
Amer Cable & Radio Corp

109%

1st & ref M 3%s B 1968—M&S
Virginia Public Service Co—■
1st & ref 5%s 1946 ser A--F&A
1st & ref 5s 1950 ser B
J&D
1st & ref 6« ser O 1952——M&S
Deb s f 6s 1946
F&A
Wabash Telephone—
1st M 4J*s A 1956
J&J
Washington Gas & Electric Co—
1st s f 5%s 1947
F&A

&

Cent 111 Pub Serv 56

*

148**
46%

*

Cent Illinois Light

3%

2%

114

100

Ry com

Capital Transit (Wash, DC)

PUBLIC UTILITY STKS.

_

M&S /

104**

Ordinary shares
-—-—
Amerdeprec 7**% A ord—£l
Amer dep rec B ord
£1
Amer dep rets 5**% pref
£1
Calif-Oregon Power Co—
6% preferred series of 1927 100
6 % preferred
100
Calif Water Serv 6% pref
100
Calif Water & Telep 6%pref__ .25
Camden & Rockland Water—100
6% preferred
-----100
Canada Nor Pow com
*
Canadian Marconi
1

72

21

60

Light Cot i c—25
Brooklyn Edison
100
Bklyn Manhat Transit
*
56 preferred series A
*
Certificates of deposit
*
Bklyn & Queens Transit com—*
56 preferred
*
Certificates of deposit-.
*
Bklyn Teleg & Mess'ger (gu).100
Brooklyn Union Gas
*
Buffalo Niagara & East Power—
5160 prior preferred
25
55 1st pref
*

46

104**

3
48

100

Co

Bridgeport Gas Light
Bridgeport Hydraulic Co
Brit Col Pow Corp A

Cable

—.

Edison

Class B

76 J*

101

A&O

81

77

Brockton Gas

65

57

82
•

Brazilian Tr Lt & Pow ord——-*

104

4s June 1 1941

6

Boston

Boston Elevated

101**
105**

5s

Wisconsin

166**
123**
64**

2
$3.50 prior preferred—
—50
$6 preferred
10
Birmingham Wat Wks 6% pf-100
Blackstone Vai Gas & El pref. 100

65%

Winnipeg Electric CoGen 4-5s series A 1965
J&J
Gen inc 4-5s ser B 1965
J&J
Wise Elec Power 3%s 1968-A&0
Wise Fuel & Lt 1st 5s 1948..M&N
Wisconsin Gas & Electric—

4s June 1 1942

5%
100

*
*

—

104

57

2

*

com

Birmingham Elec 57 pref
56 preferredBirmingham Gas common

101

109

57

110

River Bdge—*

Hudson

Biddeford & Saco Water

105

4s June 1 1940..

131

Telep of Pa 6**% pref —100
Beverly Gas & Elec
25
—100

73

_

39"

1.65

22%

-25
-100
100

Bell

93

71**

1947
——A&O
Wisconsin Michigan Power Co—
1st mtge 3%s 1961
J&J
Wisconsin Power & Light—
1st mtge 4s ser A 1966
J&D

100

1st guar 5s 1949—
City & Sub 6s g 1948
Washington Water Pswer Oo—
1st mtge 3 **s 1964
J&
Waterloo Ced Falls & No Ry—
1st M s f g 5s 1940
J&
Certificates of deposit

101
88

103

M

45c

Beaver Valley Water 6% pref-100
Bell Telephone (Canada)
100

M&N

1st

119

*
100

v t c

Beauharnois Power

103
'52--J&D
Westphalia United El Pr (Germ)
1st M s f 6s 1953
J&J /
14**
Wheeling (W Va) Electric Co—

1st mtge 3 **s 1966
Wisconsin Hydro-Electric

97

2**

100**

M&N

1941 opt

Mt

20

101%

Bangor Hydro Elec com
7% preferred
6% preferred
Bear

1949--—-M&S
F&A
1st M 5s 1960 ser O
M&N
Williams port Water Co—
1st M 5s Aug 1952 ser A—F&A

100

*

Preferred

104**

19

pref- -100
pref
*

103

1st M 5s 1956 ser B

99%
102%

1944—F&A

Consolidated 4s 1951
Anacost & Pot 5s 1949

104**
107%

Wichita Water 6s

lstlien& gen M 4%s 1944.F&A
99%
Utica Belt Line Street Ry—
1st 5s 1939
M&N /
4
124
Utica El L & P 1st 6s I960—-J&J
132
Utica G & El ref & ext 5s '57 J&J
Co Bldg (Kanata Realty)—
101
5s
1956
F&A
Utica & Mohawk Valley Ry—

,

2**

26%

*
va

Atlantic City Elec $i *
Bait Transit Covtc

106

ConsoJ

Utah Power & Light Co—
Deb 6s May 1 2022—M&N

•

1 %

5%to*4lK&N

15-year s f 6s 1952
Westmoreland Wat 5s

1st M 5s

(Hamilton)—

1941

104

-

Class A

108**

Western Utilities Corp—

'

1948
J&J r 103
United Ilium Co New Haven—
1st 4s Feb 1 1940
F&A tioo
United Light & Power Co—
78%
Debg 6%s 1974—-----M&N
107%
1st 1 & consol 5%s 1959—A&O
77%
Deb g 6s 1975
.--M&N
118
United Lt&Rys(Me)6s A 62 A&O
75%
Deb 6s 1973
---J&J
88
Un Lt Rys (Del) deb 5%s.52 F&A
United Public Utilities Corp—
96
Conv coll tr 6s A 1960
J&J
98
Convcolltr 5%s B 1960—J&J
United Rys Cos 4% ctfs *49-J&J /
39
United Railways of Havana—
7
Eq 7%s Feb 15 1936
F&A /
United Rys of St Louis—
Gen g 4s July 1 1934—<,—J&J /
38
City & Sub Pub Serv 5s '34-J&J / 38%
United Securities Co Ltd—
55
Coll s f 5%s ser A 1952-M&N
55
Coll s f 5%s ser B 1952—M&N
91
United Telep Del 6s A 1948 A&O
100%
United Tel & Tel 5%s A '53.M&N
101%
1st lien 6s ser B 1953
M&N
United Traction (Albany)—
Con g 4%s 2004
4
Jocju» /
Unit Trac (Pgh)—See Phila Co
Unterelbe Power & Light Co—
Sink fdM 6s 1953
A&O / 12
Upper Mich Pow & Light—
1st mtge 4s ser A 1959—-F&A
100%
Utah Lt & Tr 1st 5s 1944 A--A&O
101%

4%s

1954.A&O

4s 1948-1953

Mut Un 6s ext at

103%
118**

1st s f 5%s

1st

A&O
1944.-M&S

6

Western Lt & Telep 5s
Western Mass Cos—

6

Assoc

Atlanta Gas Light 6

3%% coup notes 1946
J&D
Western N Y Utilities 5s '46. J&D
Western N Y Water Co—
1st M 5 **s 1950
M&N
1st M 5s 1951
M&N
1st 5s series B 1950---—J&J
Deb s f 6s extd 1950
-M&N
Western Pr Lt & Tel 6s 1948.
Western Public Service Co—
1st & ref 5**s 1960
F&A
Western Union Telegraph— Fdg &REM 4%s g '50—M&N
25-year g 5s 1951J&D
30-year 5s Mar 1 1960— _ au&S

87

Union Gas System—
.
1st M & coll s f 5s 1948—J&D
Union Passenger Railway—

1st lien gen M 5s

108

Western Cont Util 6s

Investing Companies
Public Utility
*
Telep Oo Ltd 51.25 pf
*
Assoc Telep & Teleg $6 pref--—*
$7 1st preferred
100
see

106**

126**

*50—J&D

Gen mtge 3**s gtd 1967.--J&J
Westchester Service Corp—

85

1939-42
J&D
1st serial 4 %s 1943-45
J&D
lst4%s 1950.
- — -J&D

United Gas & Fuel

Assoc General Utilities—

Associated

„

1st serial 4s

First lien 5%s '51 ser

Option warrants

104**

Westchester Elec—See 3d Ave Ry

108%
103 %

1%
1%

Utilities Co—

Texas

Bridge3%-6 %s, I960

60

1

♦

86

104

Union Gas Co. of Canada—

Union Water Service

»

♦

*

1st mtge 3 %s ser A 1969-M&N
West Virginia Ohio River

100

95

♦

*

$6 preferred.

83

West

65%

2

Union Elev RR—See N W Ele v
Union Gas & El 1st ext 5s '40M&S

5%s

-1

116

65

A&O
1956.—M&N

3**s 1956

95%
89%
%
%
%
%
2%

*

-1

"4"

1st lien & ref 5 %s

1st 4s Mar 31 1961—
2d ext 4s Mar 31 1960

0

West Philadelphia Pass Ry—

124
104

7

10

1st M 3**s ser I 1966-——J&J
West Penn Tr 1st 5s 1960—J&D

108%

2%
2%

*

Class A.

M&S

1st M 5s 1963 series E

57

6%
48

*

West Penn Power—

56%
107%
104%

57--J&J

1949.-M&S
Trl-County Telep4%s B 56 A&O
Troy City Ry 1st cons 6s '42 A&O /
Twin City Rapid Transit Co—_
Trenton G & El g 5s

1

Trac—See Phila Co

West Ohio Gas 6s A

76

49

50

88

104

West End

101%

5%

*
-

Common

90
103

West Penn Elec deb 5s 2030- A&O

53%
101%

_

1st g 6s 1953 series
Toledo Edison 3**s

Arizona Power $6 preferredArkansas Missouri Power—

115

West Canadian

value.

t To be paid at maturity,

1%

Citizens Utilities com

t Called Feb. 13 at 110.

b Basis,

1%

/ Flat price*

FEB., 1940]

Stocks

Par

Bid

103 *4
103

Clear Springs Water pref
Cleve Elec ilium common

♦

100

*

45

46

112

114
20

!

Optional warrants.
$6 preferred..

18*4
108 *4
V 6*4
88 *4

67
82

32

32*4
1*4
IX

%

J

33J

65

63*4

n

104

n

10715

2l'X'

37*
25*'

116

*

45

48"

Conn Gas & Coke Sec pref
Common

*

44

46

65*

67*

116

6*

Consol Gas Co (Pgh) pref
50
Consolidated Gas Utilities com.l

Con

v

*

Electric Bond & Share
$6 preferred
$5 preferred
Electric Ferries common

5

58

X

IX
113

107

.

117
115
26

28

111 *4
60c

112*4

12*4
51*4
11*4

it*
12*4

123

124

76 X

77

5c

25c

3

b

iS*
n

135

140

3*4

lie*

44-/4

58

62

15*4

17

1.10

2

20 *4

lh»

8

93
87
2

3*4

20

22

31

31*4
4*4

3*4

J*

66

67

*

56*4

57 X

*

d"

100

70

58*

6%
*

*

2d pref series A

"6*4

29 X
25 H

29 X

25%

*

7% Preferred
Eliz & Trenton RR

15 X

U2%

Optional warrants
El Paso Electric Co (Del)
Preferred series A 7%
El Paso Nat Gas com

2%

3

97

37

36*4

Elisabethtown Water Cons
Elizabeth Consol Gas

..100
.50

110

50

com

Preferred

62

100
100

110

115

210

220

Empire & Bay State Tel (gu) 100
Empire District Elec 6% pf-.100
Empire Gas & Fuel Co pf 8%_100
Preferred 7%
.100
6*4 % preferred
100
6% preferred
100
Empire Power Corp—
See Invosting Companies.
Empire Telephone com
*
6% Preferred
26
Engineers Pub Serv com
.1
$5 cumulative preferred

*

$5 *4 pref (with warrants)
$6 preferred

*

Essex

Company
European Elec class A

55

45

50
10

Fall River Gas Works

25

Federal Light & Tr com

15

Hamilton Gas

llarrisburg

90

*

14

15

85

R

*

*

50

52

13

"1*4

100

3*4

2*4

Idaho

100

113*4
111*4
3 X
23*4
4*4

7% pref
6% 1st preferred

*

Illinois Iowa Power common

5% conv preferred

*

50

Arrears certificates

37

50
♦

62*4
108*4

Indiana Assoc Telep $6 pref
♦
Indiana & Michigan Electric—
7% preferred
100
Indiana General Service—

"3*4
24*4
5

39
64

110

112*4

110

6% preferred
100
Indiana Hydro Elec 7% pref. 100
Indiana Service Co 6% pref—100
7% preferred
100
Indiana Telephone Corp
100
Indianapolis Power & Light—
6% preferred
-.100
6*4 % preferred
100
Indianapolis Ry Co v t c
100
Indianapolis Water 5% pref. .100
Interboro Rapid Transit.
100
Certificates of deposit
Internat Hydro-El S.vst A
25
Conv pref $3.50 series
50

112*4
84

83

13*4

15"

12
28

107*4
111*4

105
111

"3*4

4

3*4
4*4

12

12*4

Warrants
Internat Ocean Teleg
(guar)..100

Internat

*

Power Securities

100
Units.
100

International Ry v t c
Internat Teleg of Me (gu)
International Telep & Teleg

Foreign share ctfs
International Utilities—

'

73*4
4*4

'

8J*
36
X

.100

28

*

4*4
96
39

35^

4

*

4

4*4
4*4

Investors Telephone com
Iowa Electric
6*4s pref...

7% preferred

*
*

*

25

4*4
5*4

3*4

16*
29

II*

100

31

33

pref. .100
100

77

79
87

Towa Power & Lt 7%
pref
Iowa Pub Serv $6 pref

100

100

85

Common

See

n Nominal.

r Canadian price,

89*4
2

90
24
28

27*4
15*4

5*4
85

*

94

Ry(San Francisco)
6% prior preferred
100
Power & Light Associat'n

3*4

Mass

Common with warrants
Common without warrants
$2 Preferred
Warrants

*

95c

*

*4
25*4
3*4

*
*

See Investing
Companies.
Memphis Natural Gas
Metropolitan Edison Co-—•

5

$5 cum preferred
$6 preferred series C
$6 prior preferred
7 % prior preferred

97*4
*

105

*

109*4
110*4

Michigan Consol Gas
Michigan Gas & Electric—
7% prior preferred
Middlesex Water

100
100

10c

5*4
4

106*4
94
45

Middle Wait Corp com

5
*

com

Convertible pref A

*

Midland Util 7% prior lien
6% prior lien
7% preferred class A

100
100

.100
6% preferred class A
100
Minnesota Pow & Lt 7% pref 100
$6 cum preferred
100
Mississippi Power $6 pref
*
$7 preferred
.♦
Miss Power & Light 6% pref-. _*

Mississippi Riv Pow 6% pref.100
Mississippi Valley Util
*

s%
2*4
5*4
5*4
*4

98*

!?*
9514
84*4
116*4

Missouri Pow & Lt $6 pref
*
Missouri Pub Service com
*
Monongahela L & P—See PhilaOo
Monongahela St Ry—See PhilaOo

103

Monongahela Val Water 7% pfd_
Monon-West Penn P 8 7% pref 15

98

com.

5% preferred
6% preferred

10

28*4
7

..100

80

100
♦

90

Montana Power 6% pref
Montreal L H & Pow Cons
Montreal Telegraph
Montreal Tramways com.
Mountain Fuel Supply

Mountain States Power
7% preferred

com

"

*

National City Lines com..
$3 conv preferred

$6 preferred
Nebraska Power 7 %

100

50

10
*

1

50
10

*

17*4
79
137

33*4

43^
s*

*

93

1st pref 100
.....100

116

6% preferred
Nevada-Calif Electric com
100
Preferred
100
New Bedford Gas & Edison Lt-25
New Cable & Radio Corp—
Cable

107*4
31*4

40

100
New 5% pref w i
50
Mountain States Tel & Tel
100
Nassau & Suffolk 7% pref—-100

Amer

4*4

&

111
1
30
61

Radio.

New

Eng Gas & Elec Assn—
$5*4 preferred stamped

105

101*4

*

102

New Eng Pow Assn

*

12

♦

103*4
5*4

70

15

109

103*4

104*4

New Mexico Gas

6*4

3*4

II*

100
♦

*

108

*

*

com

6% preferred
..100
$2 preferred
♦
New England Pow Co $0
pref.100
New England Pub Ser com
$7 prior preferred
*
#7 preferred..
*
$0 preferred
*
$0 prior pref
*
New England Tel & Tel—
100
New Haven Water
50
New Jersey Pow & Lt $0 pref
*
New Jersey Water pref
100

100
100

pref ser A
*
Jersey Cent Pow & Lt 7% pf.100
6% preferred
100
5*4% preferred
100
cum

105

*

i

iH

18

Investing Companies.

Jamaica Pub Service Ltd
Preferred
Jamaica Water Supply

6

101

(Ohio) Water 7 % pref.100

Marion Reserve Pow $5
pref

See

Iowa Southern Utilities—

6% arrear certificates
7 % arrear certificates
Italian Superpower—

£1

National Gas & Elec com
National Power & Light com

Invosting Companies.
23

25c

56*4

15

Amer dep rets for ord shs
Marion

Montana Dakota Utilities

8

6

101*4
3*4
2*4

100

Midland United

115*4

Illinois Power &

Light—
$6 preferred
Illuminating Shares class A

Louisville Railway Co
100
Preferred..
100
Lowell Electric Light
25
Luzerne Co Gas & El $6
pref.100

Mexican Northern Ry com_-_100
Preferred
100
Mexican Utilities preferred
100

103

$5

it Last sale.

18

117
12

100

Common

Co""

11*4

100

91

I

36*4

11

*

104
115

Mass Utilities Associates—

20c

47

Huntington Water 7% pref

87

Fed St & Pleasant Val—See Phila

33*4
33*4

70*4

16*4

6*4% preferred
$7 preferred

99

10c

19*4

100
-.100

Market St

b

110

Holyoke Water Power

75
86

97 X

36

47

72

64

B*

6X

b

5% preferred
6% preferred.

30c
105

Commun'y—

Preferred
25
Havana Elec Ry com
-1
6% preferred
100
Havana Elec & Util $5 pref
6% preferred
Haverhill Elec Co
25
Haverhill Gas Light
25
Hestonville M & F—See PhilaRT

7% preferred

T

114

114*4

"3*4

Iowa El Lt & Pow
6%

~7"

97

112*4

35

Louisiana Power & Light $6
pf.
Louisv Gas & Elec com cl A
*

Certificates of deposits

36

66

R

94

£A
42*4

5

Modified 5% guar.
Certi ficates of deposits
Marcon Int Marine

3*4
68*4

Power

5

76

100

85*4

llly*
32

50

preferred

100

*
100

Manhattan Railway 7% guar 100

34

non-cum

7*4
16*4
52

9*4

25*4

25

65*4

6*4

85

*

Houston Lt & Power $0 pref
Houston Natural Gas com
Preferred..
Hudson & Manhattan

100

Corp
Long Island Lighting com
7% preferred A
6% preferred B
Longview Bridge class A

91

25

69

Preferred ($6)..
*
Federal Power & Light com—50




10*

*

Harrisburg Gas 7 % preferred. 100

64

16*4

v^lue.

90

1

Harris burg Rys common
Hartford Electric Light
Hartford Gas com

25

$7 preferred.
100
Lynn Gas & Elec Co
25
Mackay Companies 4% pref-.100
Maiden Electric Co
25
Maiden & Melrose Gas Lt
25

87

T

20

68

60

101*4

95

common

64*4

Phila

10*4
40*4

89

25

Interstate Power pref $7
$6 preferred

23

43 *4

9*4
39*4

*
*

Bridge

70*4

9*4

106*4

42

__25

68*4

?J*

*Without par

5°%
105*4

25

7% pref class A
Hamilton Bridge common

See

21*4

21*4

101

Interstate Natural Gas

13

17*4

16*4

*

...

90"

12

27

*

$1.25 pref

75

*

Fairm't Pk & Hadd Pass Ry—See
Fall River Elec Light
25

Gas

65

96

72

Corp $6 pref...*

International Power Co
1st preferred

—

100

Pow

90

102

100

Phila

3

75

100

100
100

5% preferred

PhilaRT

$5.50 preferred
Hackensack Water

19

100

$6 preferred

Green Mt

5%

*

6% preferred..
8% preferred _Z
Elec Power & Light Corp
$7 preferred
.;

12

110
104

•

*

com

stock..

Coates—See

45

Lexington Telep 6% pref
100
Lexington Wat Serv 7% pref.100
Light &mPow Securities Co..
_*

.*

Gulf States Util $6 pref

54

100

Eastern Minn Power 0% pref
*
East Shore Pub Serv 6*4% pf 100
6% preferred
100
Eastern States Gas
♦
Easten Telep & Tel eg

Pass—See

99
45

30

21*4

1

—

107 X
102

2

*

6% preferred
..100
4*4% prior preferred
;.100
Eastern Mass St Ry com
.100
6% 1st pref stamped
100
6% pref B stock
100
5% adjustment stock
-..100
Eastern Mich Transportation.

A.

—

Germantown

.

Laclede Gas Light

106*4
107*4,

Lawrence Gas & Elec Co
Lewiston Gas Lt 5% pref

22

Corp $6 pref..*
Gen Telep Tri Corp.
20
$3 preferred

99

6% preferred
100
7% preferred
100
Kentucky Utilities 6% pref. .100
7% junior preferred
50
Keystone Pub Serv $2.80 pref..*
Keystone Telephone $4 pref
50
Key West Elec 7% pref..
100
Kings Co Ltg 7% pref
100
5% preferred
100

30

*

com

92

20

Allied

Gen Wat Gas & Elec

•

53

Warrants
Gen Telep

Kansas Gas & Elec
7% pref. .100
6% preferred
*

Kansas Power Co 6% pref
7% preferred
Kansas Power & Light—

1

30

22

*

preferred-

conv

100

20

Greenwich Wat & Gas 6% pf-100
Gulf Power $6 preferred
*

.

*4

*4

7% preferred

50

*

Gloucester Elec Lt Co
Gold & Stock Telep (guar)

91

103

5c

98*4
112*4
119*4
106*4

20

20

36
178

90

100

$4 preferred
*
$5 preferred
*
East Coast Public Service v t c. -1
East Middlesex Street Ry.—100
Eastern Gas & Fuel Assoc's com *

$3

Green &

101X

Dayton Pow & Lt 4 >4% pref. 100
Denver Tramway corm.
*
Preferred
/
100
Derby Gas & Klec*$7 pref

r

120

.100

Preferred

106 X

100

r

4*4
13*4
96*4

4*4
12*4
95*4

*

*

Lone Star Gas

Gen Telephone Corp com

Common

Cumberland Gas com vtc
1
Cumberland Co (Maine) Power
6 Light 6% preferred.
100
5*4% preferred.
100
Dallas Power & Eight 7 % pref 100
6% preferred._V.
*
Danbury & Bethel G & E pf__.25

Duquesno Light—See Phila Co
Duquesne Nat Gas common

*

See Investing Companies.
General Pub Util common

120

"1*4

2*4
152

108

General Public Service Corp—

Greenwich

r

2

145

6% preferred
—100
5*4% preferred
Gen Gas & Elec (Del) com A_.»
5% prior preferred
*
$6 cum conv pref ser A
*
$6 conv pref ser B
*
$7 preferred
-—*
$8 preferred
*
Gen Italian Edison Elec Corp—
Amer shs for ordinary stock-

34
176

Continental Gas & Electric—

Detroit & Canada Tunnel
Detroit Edison
Duke Power

Gatlneau Power com....

32X
107*4

1*4

7% prior preferred
100
Continen Pass Ry—See Phila R T
Crescent Public Service com..
1
Cuban Telep common..
100
6% preferred

8*

33

*

26

common*'—

Georgia Power $6 preferred
$5 preferred
11*4'
79*4 Georgia Power & Lt 6% pref

77
118 *4
32
107 *4

*

$4.60 preferred

57

9*4

*

Cons Trac of N J—See P S Corp
Cons Trac (Pittsb)—See Phila Co
Consumers Gas (Reading)..
25
Consumers Gas (Toronto)
100
Consumers Power $5 pref
*

119

55

100

com

R T

100

5% preferred

*

30
....

Phila

—

14

101%

25*4

Bid

*

Kansas Eiec Pow 6% pref

102*4

100

Par

Kansas City Power &
Light—
1st pref $6 series B
Kansas City Pub Serv

Preferred

51*4

—

S'thwark—see

&

Gary Elec & Gas

100
25

$5 preferred

101

.100

Preferred

100

Cons Edison Co of N Y

pref—100

35*4

'49

48

Telegraph (guar) —100
Gandy Bridge common
*
Gardner Elec Light common-100

114

100
*
*

Elec Light.-50

&

Franklin

78

Connecticut Light & Power
*
5 *4 % preferred
100
Connecticut Power
25
Connecticut Ry & Lighting—100

38

Foreign Light & Power units
Frankf'd

114

1
*

36*|

36*4

*

Issue

Stocks

*

Florida Telephone

89*4

79

Ask

%
34 %
35 %

Florida Power & Lt $7 pref.*..-*

109*4
6X

7% preferred
Concord Elec Co 6% pref.
Common

4*4% preferred
Consol Elec & Gas $0 pref—
Cons Gas E L & P (Bait)
4*4 % pref series B

Bid

*

Florida Power Corp 7 %
Preferred $50 par

66*4

*

First preferred 6% J
Community Pub Ser com
Community Water Serv com

Fitchburg Gas

*

Commonwealth Tel (Pa) 7% pf20
Commonwealth Water & Light—
6% preferred
7% preferred
Community Pow & Lt com..
•

Par

56 preferred
56*4 preferred
17 preferred

101

1
com

Stocks

Federal Water Service com A_.*

$4.50 preferred
*
Cleveland Railway
s
100
Coast Co Gas & El 1st pref. .100
Colum G & El Corp (Del) com--*
6 % preferred series A
100
5% preferred
100
5% conv preferred
100
Columbus & Southern Ohio Elec—
6% preferred A
100
6 *4 % preferred B
100
Commonwealth Edison Co
25

Commonwealth Gas
Commonwealth & Sou Corp

STOCKS

possible for the closing day of the month preceding the date of

are as near as

Ask

Citizens Water Co of Wash
(Pa)—
7% preferred
.-100
City Water Co (Chat) prof
100
City Water (New Castle) pref .100

Eastern Util Assoc

UTILITY

PUBLIC
Quotations for all securities

40

133*4
33

34*4

96

97

88*4

89*4

t New stock.

0% preferred

a;

Ex-dividend.

com

35

b
12*
64*
127
76

106*4
102

5

4

50

44

closing day of the month preceding the date of Issue

Quotations for all securities are as near as possible for the

19

*

New Orleans Pub. Serv com

7% preferred
-*
Newport Electric Oorp com. .-20
6% preferred
*
-100
New Rochelle Water 7% pref 100
N Y Mutual Telegraph (guar)..25
N Y City Omnibus

common—.i*

Option warrants

N

283*
101
21

30

25"

18

323*
153*

6%
preferred
100
Y Railways pref.
Y & Richmond Gas 6% pref 100
Y State El & Gas 53* %J>fd-100
Y Water Serv 6% pref
100

18

117

33*

25

53*

warrants

Class B option

87 3*
74
13I

3*
213*
56%

—

10

6% preferred series
50
5%% preferred
— 50
North American Light & Power. -1
$6 preferred
*
North Amer Utility Securities.—♦
North Boston Ltg Prop corn----*

~4~~
52

48

1043*

Niagara Hudson Power
-10
1st pref $5 series--.—.-—-100
2d pref 5% series
—100
Class A option warrants
North American Co

133

125

56%

7A
73%

MS*
27
53*
88

76

i*
22

573*
563*
76

3*

%
51

53"

100
North Texas Co (Del)
10
Northeastern Wat & Elec com..*

50
2

10%

12

—*

56

57

Preferred

-

$4 preferred

Northern Indiana Public Serv—

103

100
100
-100

6% preferred.
7% preferred
5 3*% preferred
Northern Liberties Gas.

Northern N Y Util 7 %

_. —

112**
99

.25

98

pref—100
cl A—-25
100
100

133*
79 3*

(Minn) $5 series cum pref—..*
pref—100
North West Util 7% pref
100
7% prior lien
--100
N'western Pub Serv 6% pref. 100
7% preferred
100
Northwestern Telegraph (guar) 50
NY PA NJ Utilities $3 pref
*

1103*
893*

Ogden Corp common
4
5% preferred
-.50
Ohio Cities Water preferred
*
Ohio Edison $6 pref—-—--—♦

3%
37%

19

193*

64

74

91

973*

993*

33%

343*

20

11

1103*

115

*

1163*

1153*

53*% 1st preferred.—.
—100
6% preferred
100
7% preferred
100
Ohio Service Holding com..—--1
6% preferred
—5

1023*
1063*

Units.

116

1003*

99

1123*

1033*
1073*
1143*

*

Oklahoma Gas & Elec 7 % pref 100

......100
15
$3 preferred
....60
$5.50 conv.prior pref
*
6% preferred-

Okia Nat Gas Oorp com

1163*
104

106

193*
483*
111

193*
493*
113

Omaha & Council Bluffs Ry—

Bridge Co 4% pref.
100
Omaha & Council Bluffs St Ry Co
6

100
6
...100

5% preferred
Omnibus Corp common

8% conv preferred A
Oregon Wash Water pref
Ottawa Light Heat & Power

75c

2%
133*
1033*

100
Pacific & Atlantic Tel (gu)——25
Pacific Gas & Electric--.——25
1st preferred (6%)—-—--25
1st preferred (53*%)
25
Pacific Lighting Corp com:
-*

$5 preferred

*
100
*

Pacific Pow & Lt 7% pref

6% preferred

1.00

33*
14

105

6%

*

......

1st preferred
Pacific Telep & Teleg

preferred

—.—*
100
100

100
163*

47

34

333*
31

473*
109

89

903*
813*

80

$1.40 preferred class A

150

6

203*

1303*
1523*

*
*

373*
23*

393*

com..*
25

33 3*

343*

303*

33

Pecos Valley Pow & Lt com

Penn-Ohio

53*
193*
1293*

4

—

Warrants B

3*

1

373*

383*

64

65

14
15

Ol&ss A

\rA

24

26

2

Pennsylvania Power $5 pref.Z..
Pennsylvania Pow & Lt $7 pref.
$6 preferred
$5
preferred
Pennsylvania State Water, pref.
Pennsylvania Telephone Co—
$2.50 preferred
Pennsylvania Water & Power

23*
112 3*

1113*
1123*

1123*

110

111

104

106

104

107

Preferred

Scrip
Preferred

A....1
1

13*
13*

2

19

193*

Peoples Water & Gas $6 pref..100

88

89

Peoria Water Works 7% pref.100
Phila City Pass—See Phila R T

99

...

Philadelphia Co com—
$5 preferred
6% cum preferred
$0 cum pref....
Allegheny Traction
Citizens

25

*
*
50
*
—..50

7
72

Ja*
76

43
1

43 3*
80
2

50

2

33*

...

Traction

Consolidated Trac pref

76

60

Duquesne Light 5% lsy>ref 100

116

Val—25
Monongahela Lt & Pow
50

118"

58'

Monongahela St Ry—

16

Federal St & Pleasant

50

1

•

Without par value.




m

m

m,

—

_

~

*.

116

373*
118

/ Flat price,

•

116

115
8

93*

83*
103*
115
109

99

102

^

162

125

1253*
112

38

-

-

—

1183*
27 3*

80

803*

13 3*
313*

323*

53*

63*

333*

X.

35

103

105
99

1163*
13*
113*
83
108

Light & Power
10
St Joseph Ry Lt & Pr 5% pf-.lOO
St Joseph Water 6% pref
100
St Louis County Water pref--100

"23*
123*

13*

13*

San Antonio Public Service—

109

110

100

118

120

pref.100

92

8c Electric—

...100
100

Scranton-Spring

Seattle Gas common—
1st
2d

3*
3*
133*

—100
♦

$5 preferred
$5 preferred

2d & 3d Sts Ry—See Phila R
Shasta Water Co

143*

23*

3*

Union Gas (Canada)..
Union Gas System com

*
r

100
& Electric—...25

93*
223*

11

100

99

23
-

-

113

..

203*
114

-

-

-

-

—

„

-

-

163*
103

3*

1

United Gas & Elec (Conn) com
7% preferred
100
United Gas & El (N J) 5% pf.100
United Gas Corp com
1
$7 pref series A
.!♦

preferred series B
-.25
Original preferred—.......25
Co—
6% preferred series A
25
6% cum preferred
25
Southern Calif Water pref.....25
Southern Canada Power—
*
Southern Col Pow com A.....25
Preferred
—100
Southern Indiana G & E—

B___

/

83"

77

23*

36"

353*
113

80"
100

4

1013*
3*

43*
1023*
3*

7

8

1

3

1123*

113 3*
104 3*
3

103

23*

114
101

106

13*
'263*

1125*
123*
7
9

23*
393*

40*
85
68

13*
98*

125

1st pref
.♦
United LightA Ry 6% pref—.100

100
100

United Public Service Corp..
United Pub Util com A

1

f

.....Hi

$2.75 preferred
$3 preferred
United Utility Co common
Utah Power & Light—
$6 preferred
$7 preferred

."»
•

10

.♦
♦

Utilities Power 8c Light—
Old 7% cum preferred

100

1

K
30
86

86
93

23*
21*
23

3

593*
613*
17

Ogden Corporation

73*

$6 preferred
»
Virginia Pub Serv 7% pref
100
6% preferred
100
Washington (DO) Gas Light—

1163*
59

..—*

53*
780

100

West

cum

Power

100

103

100

1143*

♦

7c
7

West Va Water Serv 6%
Western Lt & Tel com

101

pref
1

85c

25

Preferred
Western N Y Water

100

12

preferred

27

*

35
7

pref

100

223*

1143*
100

23*
2

—.100

10

Wise Elec Pow 6 % pref
100
Wise Hydro-Elec 6% pref.... 100

116

Preferred

Wisconsin Pub Ser Corp 7% pflOO

35

25 3*

26

63*% preferred
100
Wisconsin Telep 7% pref—..100

13 3*

14

Wisconsin Pow 8c Lt 6% pref.100

7% preferred

Wolverine Power Co..

Worcester Trans Assoc—
York (Pa) Railways pref.

100

—5
*

50

York Water Co..—.—.25

169

25*

t New stock,

x

Ex-dividend,

112

1073*

1123*

Preferred

163*

—

104

Oo—

Common

103

mm

1113*

20

72

mm

117

107

preferred
preferred

Penn

116

100

West Penn Elec Co class A
cum

7
mm

203*

111

Washington Wat Pow 0% pref.
7%
6%

108

20

100

13*

283*

107 3*

Wash Gas & h,lec 7% pref.... 100
Wash (D O) Ry 8c El com
100
Partic units

Wheeling Bridge..
100
Wheeling Elec 6% pref
100
William8port Water pref
*
Winnipeg Elec class A......
»
Class B
....♦

29

61,

28

101

293*

117
70

67

*

34

23*

4

103

*

cum

1183*

Canadian prjee.

16
99

AVA

343*

167

13

3*
3M
223* Jan. 20

»

♦

333*

163*

43*

43*

*

....

293*
463*

Telep
100
com—..—*

r

*

$5 preferred
United 111 Co of New Haven
United Lt & Pr com A

44

13*
68

13*

13*
16

12£

Westmoreland Water pref

114

302

Southern Union Gas

3*

92

104

183*
293*
283*
293*

mm

Warrants

Western Union Telegraph._

50
89

Pittsburgh Water—

Nominal,

III*

....

Western Massachusetts Cos

Southern Calif Gas

n

50

Union St
Un on Traction—See Phila R T
United Corp

Prior

22
-

153*
1003*

60

6%

.

West Phila Pass—See Phila R T
West Texas Utilities $6 pref
»
West Va Ohio River Bridge—

American Utilities—

6% preferred
—100
7% preferred
—100
Southeastern Gas 8c Water A—*
Southern & Atlantic Teleg (gu) .25
South Calif Edison common—25
53*% preferred series O—-.25

k Last sale,

*

..!»
I.IlO

43*% preferred

1

T

Sou Carolina El & Gas 7 % pf. 100
South Carolina Power 6% pref..»
South

483*
3*
5*

13*

*

Shawinigan Water & Power
*
Shenango Valley Water pref..100
Sierra Pac Elec 6% pref
100
Sierra Pacific Pow common
♦

South

47

mm

106

Preferred.

*
...1
♦

Second Ave RR Cop (NY)

Preferred

115"

Brook

Water Service 6% pref—

m

15*

Preferred

110

—

153*

153*

Common

125"

*

mm

143*

Toledo-Edison pref A 7%
100
6% preferred....
—..100
5%
preferred
—100

See

109

100

93
104

Utilities Stock & Bond Oorp_...l
Virginia Electric 8c Power—

St Louis Public Service—
__

—

55

Class B common..

64

103
97

M

13*

*

6.36% preferred
7% preferred
3*

M

1003*

99
1

13th & 15th Sts—See Phila R T
Tidewater Power 6% pref
*

6%

1

Rockland

7% preferred-

»
...

Texas Power & Lt 7% pref— .100
6% preferred
*
Third Avenue Ry (N Y)
100

Common

80

6% preferred series O——J00
6% preferred series D
100
5% preferred series E_
100
Rochester Telep $63* pref
10U
Rochester Transit common
*

7% preferred
8% preferred

*
_1

United Gas Improvement

14

3

50
50

42

98

100

——

263*

33

m

1103*

1093*

100

Texas Gas Util com
Texas Hydro Electric—

$3 cum preferred
Warrants

65
-

m

—

—

21

16

R~T"~
Ry (New Bedford)..100

143

142

19

43

72

Preferred
Union Pass—See Phila

-

-

-

41

1113*

m50

6% preferred

*

100

_

463*
1083*

973*
403*
1613*

16

100

7% preferred100
Union Electric Oo of Missouri—
5% preferred
...»

84

83
45

107

Public Serv El & G $5 pref.
Puget Sound Pr & Lt $6 pref
$5 prior preferred
—
Quebec Power common
*
Queens Borough G & E 6% pf 100
Rapid Transit Ry—See P S Oorp
Republic Nat Gas
2
Rhine-Westphalia Electric Pow—
Amer shares representing com.
Rhode Isld Pub Serv $2 pref 27 3*

New class A

—.100

Twin States Gas & EI 7% oref 100
Twin City Rap Transit
(Minn)
*

90

85

1133*
106

100
»
*

Southern New Eng

*

m

4.80% cum preferred......100
Southern Nat Gas com——.73*

Phila 8c Darby—See Phila R T
Phila & Grays—See Phila R T

Philadelphia Elec Co com
$5 preferred......

....

114

112

$4 preferred
36 3*
2

88

...

106

108

mm — a.

conv

7% preferred
3*
43*

3*
43*

.

36"

66

170

mm mm a» mm

*

$3.50 preferred
Texas Power Corp common

68

63

Fes

_

Ask

Bid

Tacony-Palmyra Bridge—

63*

53*
65

1103*
1173*

$7 preferred

723*

115

1
10G

Peoples Gas & Fuel Corp.
Peoples 6L40 (Chic)
Peoples Light & Power Oo
a, Common class B

1

106

Sioux City Gas

593*
713*

3*

Rapid Transit St Ry Co—100

Scranton Transit common

—

Tacoma Ry & Pow Co

48

46

Consolidated Trac of N J—100

Scranton Electric $6 pref

Warrants

3*
13*

100
100
Public Serv of Ind $7 prior pref..*
$6 preferred
*
Public Serv Co of N H $6 pref..»
$5 preferred
♦
Public Service Corp of N J
*
8% preferred
J 00
7% preferred
...100
6% preferred
100
$5 preferred
*

mm mm

100

7% preferred
■„
Tampa Gas. 7%. prefrerre Haute Elec 6% pref
Texas Electric Ry
Texas Elec Service $6 pref

93

89

6% preferred5% preferred.

mm

7% preferred

preferred
Tampa Elec Oo

55

52

Power Corp of Canada com

8avannah El & Pow 6%

Edison—

Pennsylvania Edison Co—
$2.80 preferred
$5 preferred
Pennsylvania Gas common
Penna Gas & Elec Co 7 % pref. 10
Penna Gas & Elec Corp $7 pref..

23*
53*

1023*

Providence Gas Co
*
Public Elec Light 6% pref
100
Public Serv of Colo 7% pref.. 100

Preferred
Rochester Gas 8c Electric—

303*

„

5%

60
.100
7% preferred
100
Potomac ElecJow 6% pref—100
5 3* %
preferred
100

OlStSS A

*
_

41

43*

preferred

Ridge Ave Pass—See "Phila K T
Rio Grande Valley Gas v t c

B

Swiss Amer Elec 5%
pref.500

1

Riverside Traction..

108

33*

*
25

Preferred
"♦
Suburban Rapid Transit St Ry_50
Superior Water Light & Power—

4

38

Potomac Edison Co 6% pref.

San Diego Cons Gas

Panhandle Eastern Pipe Line
Common
Peninsular Telephone Co

Postal Telegraph System—
Common

153*

333*
33 3*

Class

57
40

115

50
...»
100

93

Pacific Public Service—
Common

Portland Gas Light
$6 preferred
;
Portland RR 5% stock

15

Preferred

54

37

*

Water

88

*

57"

T

R

Phila

7% pre!erred
43
118

42

13 3*
54

Portland Elec Pow 6% pref...100
7% prior preferred
100
Portland Gas & Coke 7% pref 100

non-cum

20
143*

55

*

Union

10

8

18

Philippine Long Dist Tel
100
Pittsburgh Suburban Water—
$5.50 preferred
100
Plainfielrt

36"

33

City Water 6% pf 100
Gas & Elec pref
Gas Lt Co

(Mass) St Ry CosPreferred
.100
Standard Gas & Elec com
*
$7 cum prior pref
*
$4 cum preferred
*
$6 cum prior pref
*
Standard Pow & Lt com
1

93*

2

Preferred-

Springfield
Springfield
Springfield
Springfield

27
49
8

6

Public Serv of Okia 0% pref.. 100

403*
403*
161

......

-

"33*
38

109**

Ohio Power 6% pref
'
100
Ohio Public Service 5% pref. 100

Ohio Water Service A com...

703*
1113*
933*

24

Phila Transportation Co—
Common v t c

4%

12**
77 M
69

Northwest Electric 7%

%7 preferred

1033*
113 3*
1003*

41

Nor States Power (Del)

7% preferred
6% preferred

23*

16
85

44

PhilaOityPass Ry($223* pd)-50
Phila & Darby Pass Ry
50
pd).—50
Philadelphia Traction
50
Ridge Ave Pass ($28 pd)—50
2d & 3d Sts Ry guar
50
13th & 15th Sts Pass Ry
50
Union Pass ($30 5-6 pd)
50
Union Traction ($173* pd)_50
West Phila Pass guar
50
Phila Suburban Wat 6% pf—100

Traction—See

26"

14

80

Phil & Gray's Fy ($25

Phila

53*

23

Germantown Passenger
50
Green & Coates Sts ($15 pd) 50
Hestonvllle M & F com
50
Preferred
50

1173*

23*

63

Frandf'd & Southwark Pass .50

Par

Southwest Consolidated Corp___l
Southwest Gas (Okia) 7% pref 100
Southwest Nat Gas $6 pref.
10
Southwestern G & E 7% pref.100
Southwestern Lt & Pr com A
*
$6 preferred
*
S'western States Telep com
..1

31

303*
23*
4 3*

Phila Elec Power 8% pref
25
Philadelphia Rapid Transit—50
7%
preferred
50
Citizens Passenger guar
50
Continen Pass Ry ($29 pd)_50
Fairm't Pk & Haddington..50

Stocks

Ask

Bid

Par

Stock*

32 3*

107 3*

116

N Y &
Comraon

N

128

106

7%

N

21

126

pref-—-.*
preferred
—.100
Queens El Light & Pow—

N YPow & Lt Corp $6

N

Ask

Bid

Par

Stocks

STOCKS

UTILITY

PUBLIC

80

117
1
6
24

253*

/.

1153*

1013*
15c

Under the heading "Industrial and

Miscellaneous Securities"

we

under the previous three
case of
stocks,

include all issues

which do not appear

headings, namely "Railroads" "Investing Companies" arjd "Public Utilities."
In the
however, we put "Textile Manufacturing," "Insurance," "Mining," "Real Estate and
Land,"
"Title Guarantee and Safe
Deposit Companies" under separate heads, then follow with the rest of the

"Industrial and Miscellaneous."

NOTICE—'All bond prices

Bonds

Bid

"and interest" except where marked

are

Quotations for ail securities

are as

Bonds

BONDS

J&D/
Certificates of deposit
/
Acadia Sugar Ref
4%s 1955. A&O r
Adams Express—
See Investing companies
Advance Bag & Paper 6s '52. J&D

94

Aeolian Co 6s 1944

J&J

96

Agar Packg & Prov 5s 1945-J&D
Akron Times-Press 1st 6s'45 A&O
Alabama By-Prod 6s 1955J&J

63
102

54
52
99

55%
54

52

59%

6s assented w w 1948
A&O
6s 1955—
/
Alberta Pacific Grain 6s 1946 J&J r
Algoma Steel Corp Ltd—
Conv 5s ser A 1948
M&N

52%
40

60

97

99"

89

91

See

16%

31

96%

110%

275
97

Am Fruit Growers 5s 1950--F&A
Amer 1 G Chem Corp—
Conv deb 5%s 1949
M&N
American

Bowser (S F) 7s 1944

101

100%
40
60

75""
103%

International Corp—

Investing Companies

5%% notes 1956
Lime & Stone 5%s '51

J&D

36

M&S

93

52

Am

Extended 6s stpd 1943
Amer Seating 6s stpd 1946

41
J&J
101
J&J
M&S /
5%
F&A
110
11 8%
A&O

Am Silica-Sand 6s 1951
Am Tobacco deb 4s 1951
Debenture 6s 1944

American Type Founders Inc—
Conf s f deb 2%-5s 1950—J&J
Am Wire Fabrics 1st 7s '42
M&S
American Writing Paper Co—

105%

106%
96

67

Axnee-Holden Tire & Rubber—
Income 7a Jan 1 1943
M&S /
Anaconda Copper Mining Co—

93
106%

Sink fund income deb 1967 J&J /
Trap 5a Aug 11946
Anthony (R C)—
1st s f 6s (San Fran) 1942 J&D
1st s f 6s (Los Ang) 1942--J&D
Antilla Sugar Estates—
Income deb 6s 1951 (w-a)--J&J /

A-NY & B-NY Realization—
5a. 1955
M&S /
Arcade Mall Iron 7s 1943—M&N!/

107

34

37

90

28
12

20-yr 4s ser B 1955.F&A
1st mtge 4a aeriea O 1957—J&J

101 %

100%

Arnold Print Works—
lat 5a Feb 1 1952
A&O
Arundel Bond Corp 2-5s Dec 1 '53 /
Arundel D-»b Corp 3-6s Dec 1 '53 /
_

Assoc Laundries of 111 6%s 1942-Associated Mtge Co 3-6s Dec 1 '53

70

29

101%
101%

53
67

58%

—

Gen

conv

6s 1950

71%

81
64

6% conv notes 1945
M&S
Atlas Pipeline Corp bs 1945.M&N /

M&N/

99

55

46%
—

**

98

93

Baldwin Locomotive Works—
M&N

1002*»i
M&S / 106

Bait Steam Packet 5s 1942

F&A

Baragua Sugar Estates—
fkCum Inc deb 6s 1947

J&J /

Barber & Ross 4s 1945
Bates Valve Bag 6s 1942

J&D

5s 1944.-J&D

Bendix Home Appliances—
5% conv debs 1944

M&N

60

94

F&A
100
Battle Creek Sanitarium—
1st s f 4%s A 1954
J&J
36
Baush Macn Tool ext 5s '41-M&S /
26
Bay way Terminal 2nd inc 6s '57- ~'f 20
Beaver Mills 1st 5s 1950——J&J
28
Bedtor.i Pulp & Paper 6%s 1942101
Beech Creek O & <

101%
108

65

59

v52

104%

100
34

54%
54%
68%
41%
52

35%
56
56

68%

t!K
26

20%

100

....

95

r
r

84
84

100
99

101
101

80
r

94

95

83

84%

88

89

80

r

5%--

_

64

66

60

5

M&S/

7

1940.

39
87

89

58

62

/

Central Foundry Co—
1st mtge 68 1941
M&S
95
Gen mtge 5s 1941
M&S
76%
Central Iron & Coal 6s 1938.F&A
/
19
Central Paper Co 6s 1948
A&O
100
Central Ry Term & Cold Storage

6%s 1952
A&O /
8%
Central Steel 1st 8s 1941.-M&N
1009s»
Certain-teed Prod 5%s 1948 M&S
76%
Cespedes Sugar 7 %s 1939
M&S /
13
Champion Pap Corp 6s *45--F&A
95%
Champion Paper & Fibre Co—
4 %8 s f deb *50('35 issue)-M&S
105%
4%ss f deb '50('38 issue)_M&S
103%
J&J

98

79
22

112

76%
14%

106%
105

28

30

97

101

115

Corp inc 5s 1968
-J&D
Cities Service Asphalt 5s 52-A&0
City Ice (Kansas) 6s 1940
A&O
City Savings Bank of
Budapest 7s 1953—
—F&A /
—

65%
4%

104%

100

105

79
106

102%
57%

95%
"

f

93

/

92
91
98
99
98

f

1946.-.J&D

/

21 %
57%
35

F&A I

Mar 1948-

-1/

Term lat 68 '50.M&S 7
Detroit Times 6s 1940 to
'43 M&Sp
Deutsche Rentenbank—
Farm Lnsf 6s Oct
15*60 A&015
Ssrics B

S)"Clay Mfg'Oo—""

/
/

'53-J&J
Donnacona Pap 4-4 %s '56__F&A
10-yr 5%% notes 1947—J&J
Dow Chem Co deb 3s
1951
J&D
Dryden Paper 6s 1949
F&A
Duffer.n Paving & Stone—
Deb 5s series A 1955
Jan
os

series B 1955

30

40

84

87
47%

46
21

97 to

92""

14
11

14%

81%
80

105%

100%.




b Basis.

/This price includes

accrued interest,

k Last sale,

105"
52

58
60

65"

45

46%

90

103
80

82%
85

107%
102

49

53

M&N /

50

85

21

Durham Duplex Razor 6s
1955
Durez Plastics & Chem—

24

70

4%s conv debs 1949
M&S
Earl Fruit lstsf
5%s 1947--M&N
Eastern Car Co Ltd 6s 1952.J&J
Eastern Corp 5s 1953
J&D
Eastern Cuba Sug 7%s '37-M&S
Eastern Dairies 6s 1949
M&N
Eastern Mfg 7s ser A 1938--J&D
Eastern Racing Assn 5s 1945
Eaton Paper 1st
5%s 1943.M&N
Elec Auto-Lite deb 4s 1952-F&A
Elk Horn Coal
Corp—
Coll s f 4s 1956
J&D

Empire Properties Corp 2-3s 1945
Empire Sheet & Tin Plate—
6s 1943

A&O

105
91

1952

J&J
—..J&J

Nominal,

r

Canadian funds,

—

x

Ex-intereet.

106%
94

103

88

90~"

39%
64

67""

105
96
51

108%
56

99""
55

109%
58

61

65

Emporium Capwell Corp—

5

n

106

99

104
4% notes 1942—
101
Erie Elec Motors 5s 1941—..A&O
/ 20

Called Feb. 1 at

160

102"

Jan

Dumont (Allen B) Lab—
2 %-5s
1949

1st 4s

*

58%

52

Cum inc 5s (w-s) Nov 1
152
1949—
Cum inc 5s
93
(ex-stk) Nov 1 1949
Dom Coal 1st 4%s ser A
'52-A&O r 101
Serial 3.
[%s 1940-1943
98
-A&O
a
Dominion Steel & Coal
88
6%s 1955Dominion Tar & Chemical Co—
Deb 4%s ser A
101
1951
M&N
Dom Woolens & Wors 6s
78

Deb

101
102

I

1948

getro{t Har
Garages 5%s
Detroit

92

/104
/ 97
/ 95

2nd income 6s Mar
1946
ww

94%

80

A&O

Bardeleben Coal Corp—
1st cum inc 5s
1957-Ann April /
Deep Rock Oil 7s 1937.
M&S /
Deer field Glassine 1st
5s Mar '50~ 1/
Defiance Paper 6s 1939
J&DI
Delaware Floor Products—
1

4s

60

94

91

Davidson Biscuit 5 %s A
*45 A&O
5s

106%
102%
103%

Duplex Printing Press 3s 1944 J&J

102%

50%

r

__

84

103%

64%
3%

104%

M&N

Certifs 6s May 1 1944-_
Certifs 5s May 1
1945--.
Certifs 5s May 1 1946
."
Certifs 5s May 1 1947.
~
Certifs 5s May 1
1948--—""
Certifs 5s May 1
1949
~
Danish Prod L'n Fund 5s
'40.J& j

89%

3
10

/

92

88

Cudahy Packing 3%s A '55.M&S
Conv s f deb 4s
1950--..M&S
Cumberland Ry & Coal—

88

87%

110

103

107%

57

(w-s) '48—F&A
Chicago Stk Yards 5s 1961.A&O
Childs Co deb 5s 1943
A&O
Chilean Nitrate & Iodine Sales

105%
103

100%

J&J

Detroit City Ice & Fuel—

Chic Grain Corp 3-5s 1952
A&O /
Chic Molded Prod 5s 1949-A&O
Chicago Produce District—

68

88%

M&S

10lEi s/deb 4%s 1948

^

82

106%

Chesap'ke-CampCorp4 %s'47J&J

'57%

67

J&D
Coplay Cement Mfg 6s '41
A&O
Copley Press 5%s 1943..-.F&A
Cosden Petroleum conv
5s '47 J&J
Cosgrove Meehan Coal
6%s 1945
Crane Co 3%s s f deb
1951.J&D
Credit Foncier
Franco-Oanad—

Dickey (W

1942

"§""
14

109%

sf 6s 1940--

Davidson-Boutell

101%

r

1st cum inc 5s

85

conv

_

80

-M&S

Guar gold 4s

101%
86

warr.-J&D

Curtis Cos 6%s A 1947
Dairyland League—

82

r

1947-

Apr 1951

52

7
12

Conv deb 2%s 1948
J&D
Continental Roll & Steel
Fdy—

5s

102

Carribean Sugar—■
Cum Inc 7s 1941
F&A /
Carlisle Lumber 6s 1945
Carrier Corp conv 4 %s 1948 A&O

Oassco Corp inc 6s 1949
Oelotex Corp—

50

66

J&D

91"

89

J&J

Carthage Marble Corp—
1st s f 6%s A 1942

105"

102

Cruel We S tee!
4%s A 1948-F&A
Cuban Tobacco 5s 1944

Chateaugay Ore & Iron—
37
30
25
31

with

De

Vickers 6s Aug 1

94

56%

Crown Cork & Seal Co
Inc—
15-yr 4s s f Nov I 1950--M&N

100

guar

income 5s

1943

Credit

100%

J&D

1st M 6s 1949

93
84

104%

I960—J&J

Service—See Investing Cos
Crowley Milner 5%s 1946—M&N

Creamery—'[

lstsf 6s 1948
A&O
Deb a f 6%s guar 1943
A&O
Calif Cotton Mills 1st 6s *40-J&J
Calif Dairies deb 6%s 1942.M&N
Calif Group Corp 5%a 1956 M&N

n-c

5s

1st M

Debenture 4 %s w w 1947-F&A
Central Coal & Coke—
Non-cum inc 4s B 1941
A&O

101

Auburn Automobile—

1st g 5s 1940
Mtge 68 1950—

Deb

19

J&J
Canadian Bakeries 6%s '45.M&S
Canadian Canners Ltd 4s'51M&N
Canadian Internat Paper—

99
99

Oont'l Invest Bond
Corp 2-5s '53Oont 1 Invest Deb
Corp 3-6s '53

23

1st

107""

45
8

Conv deb 4%s 1939
J&J /
44
Autocar Co 7a ext 1947—M&N
103
Avery (B F) & Sons 5a w w'47J&D
97%
Without warrants
91%

94

30
65

J&J/ 19
Container Corp 1st 6s
105
'46.J&D15

44

J&D

74

40

6s 1948

105

Canadian

57

106%
98%

69

Consumers Co (111) 5s 1956.-J&J
Consumers Rock & Gravel—

95

-

106

105%

Coal Co—

Sink fund 5s July 1

.

3

Continental Oil—
103%

5s 1955
M&S
Can Pow & Pap Inv 5s 1958-F&A

64

r

Consolidation

46

40

25-yr

Atlanta Laundries—

Atlantic Ice Mfg 6s 1945
F&A
Atlantic Refg 3s debs 1953—M&S
Atl Bug Rof 1st a f 4a'61—.M&N
Atlas imperial Diesel Engine—

48%

101

^-A&O

Can Locsmotive 6s July 1953
Canadian Nat Steamships—

72

86

68%

50

O-E to

Canada SS Lines—
1st & gen 5s 1957

56 %

let lien 4s 1952.
J&J
Atl Gulf & W Indies SS Lines—
Coll tr g 5s Jan 1 1959
J&J
Atlantic Ice & Coal 6a 1951.J&D

65

Byers Machine 3-6s
,.-1946
Byrndum Corp ext to Jan 15 1942

3%s 1942-45
4%s 1952

27

Armour & Co of Delaware—
1st M

78

63
73
35
13 %
47%
44%
96
93

101
93

1941-M&N
4% notes ser F 1946
M&N
Burmeister & Wain (Copenhagen)
15-yr s f extl 6s 1940
!i—J&J
ser

Canada Bread 6s 1941
_F&A
Can Cementlst4 %sserA'51 M&N
Canada Paper Co 3s 1940-41-J&D

98
97

25

42\"

76

Camaguey Sugar—
7s Certificates of deposit-1942
/
12
Campbell River Timb 6s '41-J&J
105
Campbell Transportation Co—
Equip trust 4%s to 1946--M&S
100
Equip trust 4s to 1951----J&J
99

Anglo-Chilean Cons Nitrate—
Animal

103

39

Calaveras Timber 1st 6s '38-M&N /
California Consumers Corp:—
1st lien 3-5s 1955L.J&D
Calif Cooperative

65

Sink tund den 4%s 1950--A&O

Hill Falls Co 6s 1959.M&N
Budd (E G) Mfg 6s ext 1941.F&A
Buffalo Gen Laundr 6%s '41-J&D
Bullock's Inc (Los Angeles)—
4% notes

Connor Lumb & Land t>s *41 M&N
Conaol Biscuit 1st
5%s B '46 M&S
1st 5%sser O 1946
J&D
Consolidated Cement Corp—
Cum inc bs 1950
F&A
Cum inc 6% notes
1950-.F&A
Oonsol Oil s f deb
3%s 1951. J&D
Consol Paper Corp
5%s 1961-J&J
Consol Press 6%s 1949
J&D
Consol Textile 1st 8s
1941-. J&D
Cum conv inc 5s 1953
M&N

54

i —J&J
Bldg 1st 5s stamped I960 A&O

101%

92

Ann

48

Bklyn Serv Station 5%s '46.J&D
Brown Coal Indus 6 %s '53.-A&O /
Brown Co 1st 5%s 1946
A&O /
1st 5%s 1950 ser B_
M&S /
Brown Pap Co ext 4%s *41-A&O
Bruck Silk M Ltd 6 %s '45.M&N r
Brush-Moore Newspa 5s '45-A&0
103
Bryant Paper 6s A 1942
M&N
91
1st 6s series B 1948
J&J
98%

Bush Term 1st 4s 1952
Cons g 5s Jan 1955

55

Ap/ /

Conv 6a 1961

M&N

Brandram-Henderson 6a '56-J&D
Brit Col Packers 5s 1953
J&D
British Columbia Pulp & Paper—
1st 6s 1950
M&N /
Gensf 7s 1950-M&N fr

Burns Bros deb 5s A 1961- -M&S
Burns & Co Ltd 1st s f 5s 1958 J&J
Income 5s 1958
Ann, Apr

Amer La France & Foamite—

Am Mach & Metals 4s 1943.-J&J
Amer Nat Co (Ohio)—

47%
101%

Buck

101%

65
103

103

—F&A

78
63

62

Apr
Columbia River Packers Assn—
Income deb 2s Oct 1950
/
Columbia River Paper Mills—
6s to 1948
A&O
Cum inc 5s April 1967

Lumber

Boston Wharf 1st 4s 1941--.A&0

100%
95%
110 -

Amer Dept St's (Pa) 4s *48.-J&D /
Amer Dept St's (Del) 6s '47.J&D /

Gen mtge 6s w s 1954
J&J
Colo Fuel & Iron s f 5s
1943-F&A
Income 5s 1970
An

105%
106%
101%

Ask

75
55
1

_

43
26

American Aggregates Corp—
New 3-6s 1943
F&A
Amer Colortype 6s 1942
F&A

Bid

5s 1945.M&N

conv

Climax Engineering 5s 1946.A&O
Colonial Colliery 6s 1954—M&S /
Colonial S S Co, Ltd—

145%
107

101
105 %
106%
101%

s

Bloedel
Donovan
Mills 6s 1940-42

Alabama Mills 6s (w-s) 1953-J&D /
Without stock
-J&D/
Albany Perf Wrapping Corp—
1st M coll tr 6s 1948
A&O

/

Bonds
Cleve Tractor

144
106%

-—J&J
A&O
f conv 3 %s debs 52 A&O
Cons mtge 3 %s ser F 1959-J&J
Blethen Corp (Seattle)—
6%s 1947
J&J

90

Allied St's Corp deb 4%s *50. A&O
Debenture 4%s 1951
F&A
Allis-Chalmers s f deb 4s '52.M&S
Alpine Montan Steel Corp—

Purch money 6s 1998—Q-Feb
s f 4%s ser D *60--J&J
Bethlehem Steel Corp—

4%s to 1941
3 %s aeriea E 1966

97

Ask

80

'

Cons M

15-yr

-.

lstsf 7s 1955------M&S
Amer Airlines deb 4%s 1941 -J&J

Bid

Bethlehem Fdy & Ma fis'44 A&O
Bethlehem Steel Co—

Abitibi Power & Paper—
1st M 5s 1953 ser A.

•

and income and defaulted bonds
possible for the closing day of the month preceding the date of issue

Ask

INDUSTRIAL AND

MISCELLANEOUS

near as

70

MISCELLANEOUS BONDS

ft

INDUSTRIAL

82

income and defaulted bonds
montajpreceamg the date of issue

NOTICE—AH bond prices are "and interest" except where marked "f" and
Quotations for all securities are as near as possible for the closing day of the

•I

Bid

Bonds

Ask

Bid

Bonds

Ask

Bid

Bonds

Lautaro Nitrate Co—

7s 1954-- —-F&A

Ernesto Breda

European Mtge

Hawley Pulp & Paper Co—

96

——

1st 6s

& Invest Co—

Falstaff Brew deb 6s 1947--J&D
Famous Players Canadian-—

96
80

80

M&N

98
94

Hill Mfg Co ext 6s 1945
Hines Land & Timber 6s

'48..J&J
Hoberg Paper Mills 5s 1946 -J&J
Hoe (R) & Co 6-7s 1944 w s_. A&G

lOlM

Filtrol Co
4%

notes

55

52

25 H
105 K

First Botiemian

1st secured

Glass

Works—

26 M

America Inc—
Conv g 6^i% notes 1946.A&O /
Follansbee Bros 5s 1947- — — J&D

49 M
77

Ref 5 Ms series
Ref 5M« series
5s

—A&O
1946--J&D

Deb

15

35-yr s f 7s 1963
J&J /
Hungarian-Italian Bank Ltd—
Sinking fund 7Ms 1963...A&0 /

Hydr Press Brick 6s 1944—A&O /
Hygrade Food Products Corp—
68
1st & ref 6s Jan 1949 A
A&O
68
6s 1949 series B
J&J
100 H
Illinois Steel deb 4Ms 1940. .A&O

Corp—

1951-—F&A

Wares—
1952
-—A&O
Georgia Marble isf 6s 1950.M&N
Gerlack-Barklow Co 6s 1950-F&A
German Atlantic Cable 7s 1945--,/
German Bldg & L'd Bk 6Ms 19481/
GIrard Pt Storage 3Ms 1940-A&O'
Glen Alden Coal M s f 4s *65 M&S
Globe Industrial Loan—
See Investing Companies.
Globe Wernicke 6s Oct 1 *44-J&J
Gobel (Adolf) Inc—
Cpnv deb 4Ms ser A 1941-M&S
Good Hope St & Ir Wks (Germ'y)
5 f g 7s Oct 15 1945—A&Oi5
Goodrich (B F) 4Ms 1956—-J&D
Gordon Baking Co (Mich)—
5s series B 1945-50
J&D
Gordon-Pagel 6s 1940-1944--J&D
General

101

100 %
83

101

102 M
26 M

102 %

84 M

58

32

34

27 M

29

107

106 Vx

68 M

Interlake Iron Corp—
Conv deb s f 4s 1947--—

98 M

99 M

Inteanat Agricultural Corp—_
1st U coll tr s f 5s 1942—M&N

80 M

12

72 M

94 M

70M
20 M
104
102
102

Hosiery—
1946
®?&®
Graham Paige Co 1st 6s '43-F&A
99 M
Granby Consol Min & Sm 5s 1942
Grand Rapids Motor Ooach—
Cum inc 7s 1962 w s
M&S / 69
Grand Rapids Operating Corp—
99
6s extended 1942
—J&J
Grand Rapids Stores
75
Equipt Co deb 5s 1949
F&A
Grand Trunk Ry Terminal
18 M
6 Cold Stor 1st 6Ms 1952.A&O /
Granite City Pig Iron—
56
Cum inc 5s 1943
M&S
100
Graton & Knight 4Ms '51--J&D
Great Lakes Paper Co Ltd—
66
1st ■ f 5s 1955
A&O
53
Griess-Pfleger Tan'g 5 Ms'48-J&D
43 M
Cum income l-5s 1954—_ J&D
Gotham Silk

11*

2

Grigsby-Grunow conv 6s *36 M&S
Groc St's Prod conv 6s 1945. J&D
Gulf States Steel 4 Ms 1961-A&O

95

Gurney Foundry Ltd—
1st 4-5Ms (w s) 1949
M&N /
Gypsum Lime & Alabast—

46

M&S
23

stmp__J&D

Hamilton By-Prod Coke Ovens—
1st s f 5s ser A 1955
M&N

101H

Gen sinking fund 6s 1956. - A&O
Hamilton Cotton 4Mb 1950-F&A

100

97

95M

1951
M&S
Ham'd Standish 3-6s 1947--A&O
Hamilton Mfg 5s w w

Steamship Lines—
10-yr 6s 1939 w w
Harborside Warehouses—
Non-cum inc 6s Jan 1973

100"
73
102

Harpen Mining Corp—
6s with warr for Am shs

/

Karstadt
61

^

!*

*

Called Apr. 1 at




101M.

& Basis.

50

100
62

62

40M
90

17

/

57
22
66

64

95M
80

"3"

McColi Fronteuac Oil—

82 M

A&O

1st & coll 4Mb A 1949
McOoid Rad & Mfg—

stamped 1948
F&A
_-cCormicks, Ltd, 4s 1952—J&J
McCrory Stores Oorp—
5s • f deb 1951
M&N

67 X

6s

93"
101M
65

91

r

107 H

McKesson & Robbins inc—

85M

20-yr conv deb 5Ms 1950-M&N f

109M

Mead (The) Corp—
1st M 6s 1945 with warr__M&N

100

105

Medusa Portland Cement—

1st conv 4-5 Ms to

3M

101

1945—A&C

Memphis Commercial—

99 M
92

Appeal 4 Ms 1952
M&g
Mengel Oo conv 4 Ms 1947—M&£
Merchants Distilling Oorp—
5% conv deb 1947
M&S
Merchants Ice & Cold Storage—

50
75

3M
"tsrC
68 H
102 M
302 M

r

Gen 8 f 6s ser A 1949
Messenger Oorp deb 4 Ms '5
Messer Oil 1st & ref 6s 1942.

1st 6s 1943 with

89
98
95

Am shs—M&N

1943—

Mlehle Printing Press &
Deb 5Ms 1948---

Mfg—

>/
/
/
/

74
62

5-yr 6% note9 1931
M& »/
Minnesota Tribune & Manistiq
94 M
54

50

Kresge
Foundation—
10-year coll tr 4s 1945
J&J
3MC coll trust notes 1947-F&A
Kreuger & Toll—
5s uniform ctfs of

dep 1959
'42-J&D

La France Textile 1st 6s

Lake Erie Bolt & Nut—

97 M
20
100

1 1946--J&J
& Paper—

J&J

1961
-An Apr
Lancaster Corp 3Ms A 1949-J&J
Lane Bryant Inc deb6s'40wwM&N

/ This price includes accrued interest,

"8"

24

8

101M

101M

91"

88

39
39

39

12M

99 M
93
r

69

Molybdenum Oorp of Amer—
96
6% notes 1942
J&D
Momm Coal—See Chic Ind & L Ry.
Monong Riv Cons Coal & Coke—
1st 6s 1949
A&O
Monroe Coal Mining 6s '47--F&A

116

'43.M&N
Dry Docks 6s '48-F&A

103
64

96M

Montreal Cotton deb 5s

92

Montreal

Morris Plan Corp—

See Investing Companies

37
99

Mtge Bond Co (Md) 2-5s Dec 1'53
Mortbon Corp—
Col) A 2M-5s ser 1 1941 --J&D

95

100M
94

96

86

'"88

12

104

104M

105 M
105 M

106

3

28

98

2 1946 — J&D
3 1951 --J&D
4 1956 ..J&D
Moslnee Pap Mills 1st 5s '51 - A&O
Motor Transit inc 6 Ms 1952.J&J
Munlslng Pap 6s A &B 1943.A&O

82

SI*
94 M

35M

J&J

Secured 6s 1937

2

1937 wwA&O
deposit.
105 M
Namm (&A I) & Sons 6s 1947F&A
3M Nassau (Ger) Landbank6Ms 1938
Nat'l Acme 4 Ms ext to *46—J&D
30
Deb 6Ms Jan. 1
Certificates of

88"
56M

89 M
58

52

55

National Central Savings

13

102 M

/

Bank

(Hungary) 7 Ms 1962
F&A
Natl Consol Bond Oorp 2-5s 1953-

100M

n

2

95

Bondholders

Central Funding—
A.11 series

8(>

k Last sale,

72

71

Munson Steamship Line—

National

99 M

99

Coll B 2M-5s ser
Coll C 2M-5s ser
Coll D 2M"5s ser

78

103 M

/

Lake St John Power

1st 5Ms 1961
Debenture 5s

25"

::::

37

100

Pulp & Paper 5 Ms 1941--M&
Missionary Sisters (Waukegan,
111) 1st ref 3M-4b 1951--A&
r

97 M

Keith

102 M
65

F&

25
10

94

{

64
16 H
99 H

/

/115M

97

6s stamped (par $925) 1943
6s with warr (par $925) 1943—

100

r

97 %
89 M
98

-

70M
97 M

r

"

(Rudolph) Inc—

5-6s April

97

57

(B F) Corp 6s 1946---M&S
45
Kelsey Hayes Wh'l 1st 6s '48.J&J
15-yr conv deb 6s 1948----J&J
62" Kentucky Rock Asphalt—
3M-6MS 1945—
J&D
96 M
Keokee Cons Coke 5s 1959--J&J
48
Keyes Fibre Company—
1st 6s 1940-1949
M&N
98 M Kings Co Refrig 6s 1942
A&O
Kingston Elevator 1st 6s '50 M&N
Klrby Lumber 1st 4s 1947-J&J 16
102 M Knudsen Cream'y 5Ms '50-M&N
Koehring Oo (Milw) 5s 1945-J&J
99
Koholyt Corp 6 Ms 1943
M&S
__M&N
96M Koppers Co 4s 1951

—...

96 M
18

_

Ctfs of dep w w stpd

40
20

Harris-Seybold-Potter—
Conv s f deb 5s 1951
A&O
/
Hart Coal inc 6s 1945
Hatfield-Campbell Creek Coal
1st 6 Ms 1948
M&S

dividend
notes 1942—
-J&D
Jefferson & Clearfield Coal & Iron
Indiana Co 1st s f 5s 1950--J&J
Jones & Laughlin Steel—
1st mtge 4 Ms ser A 1961 __M&S
Journal of Comm 6Ms '47
J&J

Jacobs (F L) 5M%

Line & Gas—
1st 5s series A w w 1952—J&J

47 M

J&J

26M
46 M

M
McCloud River Lumb 5s '48 J&J

Kansas Pipe

25

A&O

26 %

Extended 3-6s 1945

102 M

International Match Corp—
3M
Deb s f 5s 1947
M&N
6
Certificates of deposit
3M
Conv deb 5s 1941
J&J15/
6
Certificates of deposit
Internal Mercantile Marine—
73 H
67 M
1st M coll trust 6s 1941--A&0
international Paper—
102
1st & ref s f 5s 1947 ser A—J&J
95M
102
1st & ref s r 5s ser B 1947--J&J
97
Ref mtge 6s 1955 ser A — M&S
72
Internal Pow & Pap of Nfld—
88
1st M 5s 1968
J&J
35
96
1st 4Ms 1968,
J&J
104 M
49
Interstate Deb Corp 2-5s Jan 1 *55
15
Interstate Zinc & Lead deb 7s '32
Iron City-Ohio River Corp—
21
Iron City ser 6s Dec 1 '48-F&A
9
Ohio Riv ser 6s Dec 1 *48 F&A
90
70
fsotta Fraschim ?s 1942
J&D

Hansa
-

A&O

28

Maple Leaf Milling—
5 Ms to 1949
J&D
Marine Elev (Buff) ext 5s '52M&S /
Marion St'm Shovel 6s *47—A&O
Certificates of deposit
Massey-Harris 1st 4 Ms 1954.M&S r
Matthiessen & Hegeler Zinc—

85 M

84

28"

.

100 H

5 f deb 5s w w

69 M
101H

95"

3^

76

102
19

Mansfield Min & Smelting—
7s without warrants 1941-M&N

20 M

112
Independent Brewing 6s '55-J&J
99
Indian Refining 5s Dec 1 1941—
72
Indiana Ice & Fuel 6 Ms *47-M&N
Ind Limestone inc 6s 1952--M&N '
Prior lien s f 6s 1942
M&N
Indianapolis Motor Speedway—.
72
1st extended 6 Ms 1946—-F&A
90
Industrial Acceptance 4s 1952 J&J r
101M
Indus Rayon 4 Ms A 1948—J&J
62
Ind Br'nhoist 6s Oct '54-An Apr- /
71
Inland Car Lines 5s 1944
109
Inland Steel 3Ms ^er 1) 1961-F&A
Inspiration Consolidated Copper
1st mtge conv 4s 1952—A&O
Inter City Baking 5Ms 1948-J&J r 102"

66 H

Steel

19

69

25

81
90

37 M

Mackintosh-Hemphill 5s'51_J&D
Manati Sugar 1st 7Ms '42-.A&0
Ceitifieates of deposit
1st s f 4s Feb 1 1957
M&N
Manhattan Refrig 5Ms 1941-J&J

_

74

4 Ms ser A

5 Ms 1948
Hale & Kilburn 6s '39

II Progresso Italo-Amer Pub—
Debenture 6 Ms 1943 w w_.A&0

III Car & Equip 5s 1948
J&J
Ilaeder Steel mtge 6s 1948—F&A /

General Finance—
See Investing Companies.
Gen Motors Acceptance

5

5,
18

50

12
Leipzig Trade Fair 7s 1953-M&N /
*
10278i
Libby McNeil &Libb 5s *42-A&O
1st mtge s f 4s 1955
100M
J&J
75
Liberty Baking 6Ms 1944
M&S
127 M
Liggett & Myers g 7s 1944--A&O
Gold bonds 5s 1951
F&A
50
Lincoln-Boyle Ice 6s 1947
A&O
100 M
Lindsay Nunn Pub 6s 1944—M&S
99 M
Lion Oil debs 4Ms 1952
A&O
108 M
Liquid Carbonic conv 4s '47-J&D
Loew's Inc debs f 3Ms 1946-F&A
Logan County Coal 7s 1942-M&N /
1st ext'd 1-48 1956
M&N
Loiiilard (P) Co g 7s 1944--A&O
126 H
5s. 1951F&A
76
Lukens Steel 5s extend 1955 M&N

7

-J&J

95

49 M

*21 **

55

100

15-year deb 3Ms
Gen Rayon deb 6s 1948 w w_J&D
Gen Stl Cast 1st 5Ms '49 w w.J&J

35

10

,101

-J&D
M&N

6Ms 1940—
f fis 1948

s

98

34 M
50

98

(Germany) 7s 45-J&J15

97 M

/
1956
Hungarian Central Mutual
.Credit Mfg 7s 1937
J&J /
Hungarian Disc & Exch Bank—

98

J&D

13 M

M&N /

2d mtge inc 6s Feb

102 M
59 M

57

Transport 3s 1940-J&J
Gieneral Bronze deb 6s *40--M&N
General Cable Corp—
1st mtge s f 5 Ms 1947 ser A-J&J

Deb

116

101H
101M

Gen Amer

GenElec

8l"

112
108

A 1951
J&D
B 1954—- J&J

1940
Garlock Packing 4 Ms
4Hs Dec 15 19471st

50 H
82

52
79

6s 1958—-M&N
Franklin Co Coal Co 7s w £49 J&J
Franklin Deb Corp 4-6s 53-J&D
Fraser Co 6s Jan 1 1950- — —J&J
French Nat Mail SS Linesi 6s 5£
Frick (H O) Coke 5s to 1944-J&J
Frick-Reid Supply 6s 1943— J&D
Fruehauf Trailer dev 4Ms'47A&0
Gair (Robt) income notes 6s 1972
Galveston Wharf Co—

26 M

Houston Oil ' io of Texas—

S f 1st mtge 6s 1946-

32M
37 M

31

Companies

23 M

.4

Fontenelle Brew 5s ww 1947 -J&J
Forest Lawn Co—See Real Estate
Francisco Sugar

8Z*
76

_

4 Ms s f debs 1954
M&N
Hudson Coal 1st 5s 1962 A.-J&D
Hudson River Day Line—

106

7

f

J&J

7s 1957

Flour Mills of

97

35M

1st mtge income 1975
J&D
Lehigh O & Nav fund 4s '48 J&J
Cons s f g 4 Ms 1954
J&J
Cons s f 4Ms 1954 ser C-.J&J
Lehigh Valley Coal—
1st 5s. stamped 1944-1st & ref 5s 1954
F&A
Stamped 1954
1st & ref 5s 1964
—F&A
Stamped 1964
1st & ref 5s 1974—F&A
Stamped 1974
Sec 6% notes ext to 1943--J&J
Stamped 1943

Leonard Tletz—See Tietz

72

A&O

A&O

(Berlin) 1st 7s 1946

Rub 3 Ms

80

100 M

A&O
A&O
A&O

(Portland. Ore)—

62

400

x

A&O

1st coll 3-5s 1950

1961--——M&S
48--A&0

S f 68 stamped

M
75 M

Housing & Realty Improv—

103 M

Firestone T &

60

1944—A&O

Holly Sugar Oorp-—
1st 2 Ms 1940
1st 3 Ms 1941
1st 3 Ms 1942
1st 4s 1947
Home Serv Corp 6s 1957
Home Service

1947—-———M&S

Residential Mtge Bank—

Finland

44"

40
86

Amer at Baltimore

Finance Co of

100"

60

1949---------M&S
of Calif 6s 1946— J&D

4M-6M8 1st mtge

85

101

Holland-Amer Line 6s *47--M&N

80

1st s f 6s

90

1944.-

108

98

r

Ltd 6s 1949—F&A
Fed Home Mtge 6s to 1941—F&A /
Fed Portl Cement 6s 1947—M&S
/
Federal Screw Wks conv 6 Ms39

92 M

'58.A&0

Helvetia Coal Min 1st 5s

1st & coll 4
Farmers

23

91

J&J

Healey Petroleum deb 5s 1948

Hightstown Rug 6Ms w w

Farmers Mfg Co

Federal Grain

110
21

J&J

f 1946

75" Heywood-Wakofield 5s 1946 J&D

3 Ms 1940-1942-J&D
M si 951--- - - - J&D /100M
3Ms 1953--M&S / 25
5
Nat Mtge Inst 7s 63 A &C /

1st & coll

M

—

99

r

s

Haytian Corp inc 8s Oct 1938
Hearst Public's 6to 1947.M&N

f
12
1st lien 7Ms 1966 ser B-—F&A
f
2
7 Ms income 1966.
/
12
it lien
1st liei 7s 1967 ser O
M&S
2
7s income 1967—---------- /
Everlastik Inc 1st 7s 1937-M&N
Fairbanks Morse & Co-—
107
20-year 4s 8 f deb 1966-—J&D
97M

Nominal, x Quoted in guilders.

13
5

86

FEB., 1940]

INDUSTRIAL

NOTI

Quo

&

MISCELLANEOUS

BONDS

83

E—All bond prices are "and interest" except where marked "f" and income and defaulted bonds
for all securities are as near as possible for the closing day of the month
preceding the date of issue

£E
tlona

aj

Bonds

Bid

Nat Container deb 5%s '52-A&O
Nat Dairy Prod 3 % s w w'5i M&N
Natl Debenture Corp 3-6s 1953

119944736528

Ask

97

Bonds

98

_

107

6s

Ts"

52

Conv 3%s debs 1949
M&S
104%
National Fire Proofing Co—
1st M conv 5%s A 1948-M&N
95
Cum conv inc 5s 1952
M&N /
19
Natl Grocers Ltd 4s 1947—A&O r

f ext 3 %s-6s 1952
J&D
National Industrial Loan—
See Investing Companies
Nat Oil Prod deb 4s 1952—J&D
s

105

100
21

Phoenix Silk Mfg 7s

National Steel Corp—
1st coll M 3s 1965Serial notes %% 1940

....

50

107

/

A&O
A&O

103

103%
100%
100%
100%
100%

100%
100%
100%

A&O

A&O
A&O

101

A&O

102

102%

A&O

102%

A&O

103

J&D

102

102%

24
29

30"

85

88

/

26

Subord notes 5s 1947
N Y Dock Co 1st g 4s 1951-F&A

95

51%
48%

..A&O

52

50

& RR—

63%

Extended at 5% to 1943
J&J f
N Y Shipbuilding 1st 5s '46-M&N

65

75

88

83

28

102

103%

b

4.40

b

4.40

Equip trust 5 %s Sept 1 '40-'44_

b

5.00

b

Nortn American Cement Corp—
Deb 6%s A with warr '40.M&S

4.40

4.00%
4.00%
4.00%
4.50%

99%

M&S

95

M&S

35

Nor Amer Refract 6%s 1944.J&J
North German Lloyd—

57

M&N
M&N

27

3.50

3%s 1963

3.00%
2.5C

89
97

98

88

91

10%
98%

91

87

88
—

r

r

J&J

83
95

/

Oregon-Am Lumber 6s 1942. A&O
f
Oregon Pulp & P 6s to *45--M&N
Oreg Terminals inc 5s 1945—A&O

Pulp & Paper—
stamped 1943...J&J f
Osgood Co deb g 6s 1943
J&D
Oswego FallsCorp 4 Ha 1952-M&S
6s

Certificates of deposit

/
f

7-yr div notes 3 Ha 1944--J&D
Panhandle Eastern Pipe Line—
1st mtge & iien 4s 1952...M&8

98%
81

A&O

A

f 3-4s

1961

—

J&J

«.

23"

66

102

76%

84"
60

98%
1

97%
96%
r

1st

104

86"

82

98%
99%

107

m s

_

o

f

f 6s 1941

46

A.M&S15

94

96

4%a 1960

ji_J&D

105

* Called Feb. 26 at 103.
t Called Feb.
Basis.
/This price Includes accrued interest,




99

103%
41%
102

63

J&D
J&D

I 5s 1946.M&N
Rocky Mtn Fuel 5s 1943
A&O

Rolland Pap 1st 4Ms A '51.M&N
R ilis Koyce of Amer 7s 1937 M&S
Roman Catholic

Roman Catholic Church 6%s 1946
Rom Cath Church Welfare 7s 1946
Ruhr Chemical 6s 1948
A&O
Ruhr Housing 6%s 1958... J&J
Sahara Coal inc deb 5s '40-M&N
St Louis Amuse't 1st 6s '45-A&0
St Louis Car Co—
1st extd 6s stamped 1945.M&N

98%

Saratoga Victory Mills—
6%s with warrants 1943

J&J

J&J

Stamped (July 1933 coup on)
Guar at QMs 1946 ser B.-A&O
3d
Stampec

t Quotation

on

Nominal,

r

10

A&O

63

A&O

42%

Southwest Dairy Products—
Conv Income 5s 1944--

19

Southwestern Devel 4s 1943-J&J
S'west Lumb Mills 5s 1955- -M&N /
Spalding (A G) & Bros 5s '89M&N f
Spang Chalf't & Co 1st 5a '48 J&J
Square D Co deb 5s A 1945--F&A x

io5"
105

J&J
.J&J
J&J

102%
102%
102%
103%
24%

Steel Co of Can 6s

99%

100

98%
92%
92%
107%
97%
98

93%
94

108
99

100

96

99

109

111

25%
15%
19
5

/

2

4

108%

108%

44

46

48
34
35

87

8%

48

100
18
90

1%

11

102

29

35

99"

20%
66%
....

87

/

F&A

2d stamped 1946

42
99

A&O

22

J&J
Strange (John) Paper 6b '44.-J&J
Strawbridge & Clothier—

33
96

Stinnes (Hugo) Industries—
2d stamped 1940

1st s f 5s 1948
M&S
Struthers Weils Titusville—
1st mtges f5%s ww 1949.A&O

102%

,

83%

Studebakor Oorp 6s 1945
J&J
104
Stutz Motor Car 7 %s 1937--A&O
1
Sugar Estates of Oriente—
1st 7s 1942 ctfs of dep
M&S /
3%
Sugar Pine Lumber Co—
1st M serial 6s 1940-1942-M&S
f 73
Summerfield Hecht—
Extended 3-5s 1951
F&A
15
Superior Elevator & Forwading
6s Jan 1 1951
M&N /
26
Sink fund deb 5s
1938.__J&D f
5
Swift & Co 3%s 1950
.M&N
105%
Taggart Bros Co 6s 1944
J&D
100

Taylor-Warton Iron & Steel
Oollinc7%s July 1 1958-.A&O /

70

Coal & RR 5s 1951—J&J
126%
Tenn Prod 1st 6%s 1936
&J /
73

Refrig & Warehouse Corp—
4%s 1948-__
A&O
Warehouse 2d 5s '42._J&J
Texas Oorp deb 3%s 1951—J&D
3% debentures 1959
A&O

....

16%
....

106

73

106%
105%
87%

Thermoid Co 5s w w 1951._J&D
Three Rivers Grain & Elevator—
1st s f 5%s ser A 1951
M&S

98
97

Ticonderoga Pulp & Paper 6s 1940
Tietz (Leonard) 7%s x-w '46.J&J
Tilden Lumb & Mills 0 %s'46M&S

Tivoli Brewing conv 5s 1947 J&D
Tomahawk Kraft Paper—
1st 5s (with stk) 1951
A&O
Trask Timber 1st 3s 1944
J&D
Uchi Gold Mines 1st 6s 1941 J&D
Ulen & Co—

Conv 6s 4th stamp 1950
F&A
Unified Deben Oorp 5s 1955.

12H

106%

zf -I.

93

40

10

95"

9%
48
112*n

United Biscuit deb 5s 1950-

A&O

101
100

106%

75%

26

-

105%
88%

78
r

29%

77

107"

78

3s debentures 1959
F&A
102%
Union Rock 1st 6s s f 1947._M&S
' ,i8*
Union Term Coal Stor 6s '39-F&A
100
United Amusement Corp—
lsts f 5s ser A 1956
F&A r
99

9%

129

100
50

Term

Union Oil Co of California—
6s May 1 1942 ser A
F&A

12

23%

70%

Tide Water Assoc Oil 3%* '52J&J

75

25

111

Term

6

8%

22%

J&J

J&D

Deb 5 %s A 1943
Stinnes (Hugo) Corp—

19%

~2~"

14

83

1940
f 1947

24
99

98%
97%

Tenn

13
13
21

19%
58%
105%
6%

s

Stevens & Thompson Paper—
3%s extended to 1958
Stillwater Worsted Mills—

51

105%

96

Stern Brothers 6s

105

Susquehanna Silk Mills—
95

103

100%

53%

105

Stanley Co (Camden) 6s '40 J&D
Stanley Crandail 6s 1946..F&A
Stanly-Rowl-Clark 6s 1946—F&A
Starrett Corporation—
Secured cum inc 3-5s Apr 195095

30

105
103%
104%
104%

J&J
J&J

1947
J&J
Stand Textile Prod 6%s *42 M&S

93

93%

Standard Ice 1st 6s 1947—--F&A /
6
Standard Oil Co (N J)—
Debenture 3s 1961
J&D
105%

102

St Louis Gas &

Coke Cori»—
1st M sf 6s 1947
J&D
3t L Rky Mt & P 5s '55
stpd J A J
3t Paul Un Stk Yds 5s 1946-A.&0
3altex Looms Inc 6s 1954
A&O

80

92%

100%

3 Ms assented 1946
Rhine-Main-Danube 7s '50 M&S
Rhode Island Ice 5s w-a '51..F&A

Rocb & Pitts C &

75
75

A&O

1%% 1943
2% 1944
2%% 1945....
2%% 1946

101%

J&J

Rima Steel Corp 1st s f 7s '55 F&A
Riordon Pulp & Paper Ltd—
1st 6s June 30 1942
J&D30
River Raisin Pap 1st 6s '45—F&A
Roberts & Oake (Chi) 6s *44.M&N

87
101

Sou Ice & Util conv 6s 1946.F&A
Southern Improvement 1st 5s '41Southern Kraft Corp— *

101

4Mb without warr'ta 1956 M&S
Republic Steel Corp—
Gen mtge 4Ms ser B 1961 .F&A
Gen mtge 4%s ser O 1956 M&N
Purchase money 5Ms '54.M&N
Restigouche Paper Ltd 6s '48F&A
Revere Copper & Brass—
1st mtge 4%s s f 1956
J&J
Reynolds Met deb 3 Ma *51—J&D
Rheem Mfg conv 5s 1948—.A&O

Richmond Cedar Works 6s 1953Richmond Hos Mills 5s 1948-F&A
Richmond (Va) Ice 6%s '42-A&O

105%

J&D

-

15-yr 2%s deb 1953

60

n

f 6s 1947

Southern Brighton Mills—
1st gtd 7s 1940
1st gtd 6%s 1940—
Southern Ice Co—
1st & ref 5-8s 1942

100 %

Reliance Grain Ltd 4Mb 1952-J&J
Remington Rand Inc—
20-yr dPh 4 %s w w 1956—MAP

5 at 105.
k Last sale.

s

Serial notes

Richardson & Boynton Co—
Cum income 4s 1945
J&J
Richfield Oil of California—
Conv t f 4s 1952
M&S

70

J&J

-

1st s f 4 Ms 1967
Southern United Ice Go—
1st 4s w 8 1950

93

%-l % Junel & Decl 1940—
1 %-i % % June 1 & Dec 1 '41
1%-1%%Junel & Decl '42
1 %-l %% June 1 & Dec 1 *43
1 %-2% June 1 & Dec 1 1944.
2-2 M % June 1 & Dec 1 1945% June 1 & Dec 1 '46
2 %-2 % % June 1 & Dec 1 '47

1946

82

100%

1st leasehold 4%s 1946—J&D
Southern New England Ice—

104%

Serial notes—

Schulco Co 6%s 1946

106%

Socony-Vacuum Oil Co—
3s debentures 1964--

-

82"

Railway Express Agency Inc—

0% notes 1937
J&J
Sayre & Fisher Brick 6s 1947.J&J
Schoenstadt (H) & Son 6s 1950

49

(Howard) Paper Mills Ltd

Staley (A E) 1st mtge 4s '46-F&A

55%
57 h

J&D
Corp ref 6s 1940.M&N

—

ser

11
101%
103%

100

stamped 1941

3axon Pub Wks (Germany)—
1st extl s f 7s 1945
F&A
Gen & ref 6%s 1951
M&N

93%
90

Pennsylvania Glass Sand Corp—
s

52%

88%

40

Quincy Market Cold Storage &
Warehouse 1st 5%s 1946.M&N
Radlo-Keith-Orpheum Corp—
Part paid ctfs (for 6% deb and
common stock) 65% paid-.
Debenturs gold 6s 1941--J&D

(Portland Me) 4s 1958—A&O

Pennsylvania-Dixie Cement Corp
1st

r

4.00
4.60

Deb g 8 f 6 %8 '51 with war M&S f
29%
Deb 6s 2930
Ann Apr / 300
Signode Steel Strap 3%s *45-A&O
72%
Silesian-Am Corp 7s 1941
29%
F&A
Silverw'd Dairies 5s '41 to '51 J&J
99%
Simmons Co Conv deb 4s'52A&O
99%
Simpsons Ltd—
1st & coll 4%s A 1951
100
J&J
Skeily Oil deb 4s 1951J&J
102%

1st

100
99

.

M&N

Union 7r

88%

South Coast Corp—
Gen mtge inc 6s April 1950
Southern Advance Bag & Paper—

Bishop

40
40

78

97%
103%

r

A&O /

1st & ref 5-6 Ms 1947
A&O
Richmond Radiator 5s 1948 M&N

43%

M&N

Peerless Cement 1st 5s 1948--J&J
Penman'B Ltd 1st 5%s '51--M&N
Penn Amer Coal 6s 1941-56..J&J
Penn Dairies 1st s f 6s 1949--J&J
Penn Mercantile
Properties—
a

9

41
■

30

103%

Paton Mfg Ltd 1st 4 Ha '50.M&8
Peabody Coal Co (Consol Co)—
ser

42

7
38

Paramount Famous Lasky 6s 1947
/ 115
Paramount Publix 5%s 1950
/ 115
Paramount Pictures 3%s '47-M&S
85
Parmelee
Transportation Co—
1944

12"

9%

96

„

deb 6s

84"

'37-M&S f

Pan Amer Petroleum &
Transpt—
7-yr div notes 3 Ha 1943--J&D

Secured

r

Kheinelbe

40

Without warrants
100%
Otis Steel s f 4Hs A 1962—J&J
76
Oxford Miami Paper 6s 1947-F&A
91%
Pacific Atlantic SS 2-5s '43-M&N
f 55
Pac Coast Cement 6s A 1942.J&D
82
Pacific Coast Co 5s 1946.
J&D
Pacific Western Oil 3% 1949.F&A
97%
/s

•.

81

Orono

Pan Amer Petrol Co (of
Calif)lst conv s f 6s 1940
J&D15

»•»

45

O'Connor Moffat deb 6s 1948F&A
O'Gara Coal 1st inc 5s 1955 M&S
/
Old Ben Coal Corp 6s
(w ») 1948
Inc deb 7 Ms (w s) Aug 1 1953.

Pan-Amer Industrial

88

86%
80

OceanSSCo(Savannah) 5s *43J&J

f 5s 1953

r

r

2.00%

3.10

5%s without warr 1945.F&A
Nova Scotia S & C 5s 1959—J&J
6s porpetual stock
J&J

s

71

29

2.75

6s 1937
J&D
N'weet Pub's Deb 4%s 1948.J&J
Northwestern Barb Wire Co—
1st mtge s f 5%sw w 1945.F&A

55"

89

Refrigerator Line

1st mtge 5s to 1948
M&N
Debenture 6s 1943
M&N
Northern Redwood Lumber—

1st

62

50

Equip trust 4s ser I Jan 1 *41-*43
Equip tr 48 ser J 1940.46.J&D
Eq tr 3%s ser K 1940-48..A&O
Northern Elec & Nor Pap Mills—
1st 4s 1940-1947
M&N

98

53%

52%
49%

M&S

Midwest

90%

Equip trust- 5s E 1940-42--A&O
Equip trust 5s F 1940-45—F&A
Shuron-Optical 6s 1951

1st 4%s 1951
J&D
Smith (L C) & Corona Typewr'rs
Deb 2% to4%% to 1946—J&J
Smith & Wesson 5%s 1948—J&J

88

-M&S
—M&S

6s

95%

—J&J

s

Smith

60

ir
•

1st« f581953

87

26%
45%

M&l

99%

53

Potomac Md Deb Corp 3-6s 1953
Potomac Realty Atl Deb Corp—

1946

67

101

—

58%
58%
96
86

Purity Bakeries 5s 1948
J&J
Juiker City Cold Storage—
87

Equip trust 4%t Aug 1 *40-'46
Equip trust 4%s Nov 25 '40-'43
Equipt tr 4%s 1940-47 J&D15

conv

88*
99

'53-

Prov Paper Ltd 5 Ma 1947--M&N

100

86

Nordberg Mfg Co 1st 6s 1943M&I
North American Car—

8 f

Potomac Cons Deb Corp 3-6s
Potomac Deb Corp 3-6s 1953

7a

83%

6s 8tamped 1946
J&D
Partic deb 2d mtge 7s 1946 J&
JNew York World's Fair 1939—

4%
105

^otestant Church of Germany—

Trap Rock Corp—

f

102"

3

103%

1st 3Ms 1941-1943
M&S
Produce Term & Cold Storage—
1st Income 6s 1958
J&D

98

1st 6s ext 5 %% 1942.
M&N f
NYLE&W Dock & Impt—

s

M&N /

1957..
J&J
Poor & Co a f deb 4s 1940—-A&O
Portld Woolen Mills 6 %s'41 M&N
gold 5s

1st 5s 1957
2d conv deb 4s 1957
1st 3s 1940

Newport Industries—

conv

1st ref 5s 1936
1st

f 6s 1947

103%
85

Siemens & Halske—

100

Pocahontas Consol Collieries—

Pressed Steel Car Co 5s *51—J&J
Price Bros & Co Ltd—

75

1st

99

Potrero Sug 7s stmp 1947—M&N
Pratt Cons Coal 1st s f 5s 55 J&J

95

North Western

106

105

3-6s 1953

82%

20-yr s f 6s 1947
New 6-4% 1947

110%

100%

Port Royal Pulp & Paper—
5s to 1941
M&S
Potomac Bond Corp 2-5s 1953—

101

6 Ms 1943...
Income 6 Ms 1953

*st

105

F&A

f 6s 1948.

/

3-6s 1951
A&O
Securities Accept Corp 5s '40 J&D
SneU Union Oil Corp—
2%s debs 1954
J&J
Sheridan-Wyoming Coal Co—
conv

"3" Shippers Car Line—

Potomac Franklin Deb 3-6s 1953.

Gen & coll s f 6%s 1940—A&O
/
Coll tr s f 6Ms 1943
A&O f

Corp 4s 1952

s

19%

109

Rican Amer Tobacco—■
Conv 6s 1942
J&J /
6s stamped 1942
/

....A&O

1949

Nivelle

18%
2%

Porto

101%

A&O

National Supply—
1st M 3%s 1954.
National Terminals Corp—

New York

1943—F&A

Pierce Butler & Pierce 6 Ms '42..
Pine Hill Collieries 1st 6s *42 A&O

mtts Steel

112"

103
7

J&J
Pittsburgh Coal deb 6s '49..F&A
Pittsburgh Coke & Iron Co-—
lot mtge conv 4 Ms 1952—M&S
Pitts Crucible Steel 5s to '45-M&S

109

100

A&O

Conv 5% notes 1947

1st

111%

Bid

Schulze Baking 1st 6s 1945--M&S
95%
Scott Paper deb 3%s 1952—M&S t 114%
S-ovili Mfg Co 5%s 1945...«&J
108%
S Tipps«(E W) deb 5%s 1943 F& *
Scullin Steel 1st 6s 1941
A&O

12
4

Pittsn Prewing 6s Feb 4 '49.

22

5—
110%

Pitts Term W'house & Transfer—

1941:

NYLE&WC

36

iij*

Pickering Lumber 6s A '46. _M&N

6
47

National Radiator Corp—
Cum income deb 5s 1946--M&S

M&S

1943

Phillips Elec Works 5s 1953.F&A
Phillips Petr 3s conv deb '48-M&S
•^hoenix Iron Istsf 6s 1946-M&N

100%

National Hungarian Ind Mtge
Inst 7s 1948.
M&N /
Nat Ice & Cold Storage (Calif)—

w w

Bonds

Ask

„

Phelps Dodge 3 Ha 1952
J&D
Phila & Read O & I 5s 1973.-J&J
Conv deb 6s 1949-M&8

National Distillors Products—

1st

Bid

Pettlbone Mulliken—

50
115

102%
17%

108%

35

35

38

$89.50 of principal amount; 5% was
paid on July 2 and 5% % on Sept. 25.
Canadian funds,
s Sale price,
x Called Feb. 15 at 100.

MISCELLANEOUS BONDS

&

INDUSTRIAL

84

defaulted bonds
the date of issue

NOTICE—All bond prices are "and interest" except where marked "f" and income and
Quotations for all securities are as near as possible for the closing day of the month preceding

Walker

United Oigar-Whelan Stores—
8 f 5s Oct 1 1952
A&O

62 M
96

United Corps Ltd inc 5s 1953 F&A
United Elec Goal Cos inc 7s 1946.

98

99

20-yr 1st mtge 4s 1955
Warner Bros Pictures—

98 M
18

91

93

59

60 M

106M

106K

Works (Germany)—

23 M

6^8 series A 1951.. .....J&D
3 Ms assented A 1951
6 Ms series C 1951
J&D
3 Ms assented O 1951..
6Ms aeries A 1947
J&J

14 M
23 M
14 M

24

14M

3 Ms assented A 1947
United Stockyards Corp—

92 M

15-yr coll tr 4 Ms A ww *51 A&O
United Wall PapeF Fac 6s 1947-.
Universal Sewer Pipe 6s 1943.J&J
Utah Ice & Storage (Colo)—

20
93

104 M

104

40

30
62

1954
J&D
Utilities Elkhorn Coal 6s 1948 J&J /
Valvoline Oil ext 5s 1947..M&N
4-58

68
93

Vanadium Corp of America—
Conv deb 5s 1941
—A&O
Van Camp's Inc 1st 6s 1943..J&J

102M

104 M

Vertientes-Caniaguey Sugar—
1st coll conv 5s 1951
A&O
Vertientes Sugar 1st 7s 1942—
/
Certificates of deposit.

Secured 6s 1945
Wilbur-Suchard 4s

90

100

6M
21

"8"

38M

39M

VaJHardwood Lumber 6s '42. J&D

31

p

5

K

99 M

99

102 M
48

50
56 M

55 M
102

97 M

96 M
112

Los

101 "si

213
75

99
111

105 M

107

90
60
94

93
89

105 M
105 M

105 M

52,000
6,500

59,000
7,000
2,000

700

"960

2,000
1,250

3,500
1,850

Stk.

161
523
18
100
p80

150
1,000
1,000
6,000

Milw Grain &

Minn Ch of Comm.

12M
17 M

"

Minn-St P Stk Ex.
Montreal Curb Ex.

85

90

Montreal Stock Ex.

25

Vew Orl Cotton Ex

106

New Orl Stock Ex.

'

105M
98 M
74 M

99 M

75 M

101
83
68

1963...M&N

101

99

J&D

106 M

200

500

600

1,500

1,600
3,500

"375

18,000
950
100
750

500
70

200
Pittsb Stock Exch.
100
St Louis Exchange. ,43
Salt Lake Stock Ex.
43
San Fran Stock Ex.
69
Seattle Stock Exch 1
30
Seattle Curb & M. /
Toronto Stock Exch
113
Washington Stk Ex
40
Winnipeg Gr Exch.
463
Phila Stock Exch..

450
500
500
16,500
200

650

3",700

3,700
1,400

12 M
'

'38.A&0

6Ms w w 1944

80

Tr)
Ang Stock Exch

'

M&S

Extend Income 6s

45""

.

Kan City (Bd of

100

r

"155
1,200
5,000

10",000

"800

'950
200

100

700
450

>

•tr-

"400

I",000
"200

20,000
350

300

400

4,000

4,000

4,500

55

1940--M&S

Called Feb. 7 at 105.

100
99

J&J

5Ms 1943
Wise Lime & Cement 6s

Vulcanite Portland Cement—

♦

Co 4s ser

97
109

Last Sale

No.

1,375 $59,000
450
6,250
N Y Oof & Sug Ex.
344
1,900
N Y Curb Exch...
550
8,500
Commodity Exch..
907
850
N Y Prod Exch
1,371
150
Assoc membersh.
75
Baltimore Stk Exch
76
n
Boston Stock Exch.
139
3,250
Chicago Bd of Tr. 1,549
1,650
Chic Merc Exch—
473
550
Chicago Stock Exch
350
1,800
Cleveland Stk ExcL
41
2,250
Detroit Stock Exch
60
650
Ft Worth Gr & Cot
66
350
N Y Cotton Exch..

20

1952
A 1955

98 M
98 M

SEATS

N Y Stock Exch...

81M

Woodland Farm Dairy—

1st 7 Ms 1943
M&N
Wabasso Cot'n 3M-4Ms '51 F&A

y

94

EXCHANGE

Witherbee Sherman Inc—

90

Va* Iron Coal & Coke 5s '49.M&S

90

Conv debs 3 Ms 1947
A&O
Wilson (W P) inc 6M» 1945.M&N
Winslow Bros & Smith—

12 M

Vicana Sugar Co 6s 1955—_J&J /
Victor Amer Fuel 6s 1940
F&A f
Victor Fuel 1st s f g 5s 1953..J&J

Walker Coal & Ice 8s

&

Wilson

r

*46.-J&J

97

99

104

94

..J&J
*44.A&O
A&O
Debenture 6s 1943
J&D
Voungstown Sheet & Tube—
1st M <» f 4s ser r 1961
M&N
Conv 4s debs 1948
M&S
6sl942

29

102

-J&J
M&S

5-year 7s ser A 1930

74

Van Dorn Iron Wks 7s June 1 1942

27

'

J&J

Yates-Am Mach 3-6Ms
York Ice Mach 6s 1947

35M

32M

Conv s f deb 6s 1941
M&S
5Ms notes 1937
M&S
(S D) Co—
1st mtgesf 4Mb 1952
M&N
Conv deb 4Mb 1952
M&N
Watab Paper 1st 6 Ms 1942. _J&J
Webster C&C 1st g 5s *42 op M&S
West Boylston Mfg 7s 1942. -J&J
West Indies Sugar 6s 1947..A&O
West Va Pgh Coal 6s 1947
W Va Pulp & Paper 4Ms '52 J&D
1st mtge 3s 1954
J&D
Western Dairies Prod 6 Ms '41J&D
Western Grain Co 6s 1949—J&J
Western Newspaper Union—
Conv deb 6s 1944
F&A
Weyenberg Shoe Mfg—
Debenture 4Ms 1945.—
J&D
Wheeling Steel Corp—
1st M s f 4Ms ser A 1966..F&A
Whitaker Paper 7s 1942
M&N
White Sewing Machine—
Deb 6s 1940
M&N
Wickwire Spencer Steel—
7s certificates of deposit 1935
Prior lien 7s certificates 1935---

5

..F&A
'48 J&D

29"

Warren

100

U S Print & Litho 6s 1950—A&O

72

27

Bros Co—

Warren

100

1949..F&A
Finishing 5s 1944
J&J

70
49

Warner-Quinlan Co 6s 1939.M&S
Warner Sugar Corp 7s 1939.J&J

35

99 M

1st sink fund ser B

85

A&o

Warner Co 1st 6s 1944

35

79 M
66 Ji

__M&S

6s debentures 1948

100

100

19

U 8 Cold Storage (Kan City)—
1st sink fund 6s ser A 1946.F&A

Vlau Biscuit Corp 6 Ms

64

78

98

Deb 6 Ms 1941_
M&N
U S Cold Storage(Chg)6s'45_J&J

United Steel

74

77M

5s series A 1948
J&J
5 Ms series B 1949
M&N
United Merch & Mfrs 6« 1945 J&D
United Industrial 1st 6s 1945. J&D

U S Radiator Corp—
conv debs f 5s 1946
U 8 Steel Corp 3 Ms debs

42

Walton Lumber 1st 6 Ms '41 Q-Jan
Walworth Co 6s s f deb 1955. A&O

A 1942-1945—J&J
1946-1947
J&J
4 Ms series A 1952
J&J
Woodward Iron 1st lien 5s '62J&J
2d conv inc 5s 1962..Ann Apr
Woodward & Tiernan Print—
3 Ms series
4s series A

104

A&O

Woods Mfg Co Ltd—
1st 3s to 1941

106

105M

J&D

4 Ms

Waltham W'tch & Cl'k 6s '43 J&D

95

United Drugs 5a 1953
M&S15
United Grain Growers Ltd—

U S

(Hiram)-G & W—
1945

Deb

62 H

AS*

Bid

Bonds

Ask

Bid

Bonds

Ask

Bid

Bonds

r Canadian price,

n Private,

k Last sale,

accrued interest,

/ This price includes

b Basis.

s Sale price,

x Ex-interest*

80 seats, 70 members.

%

Quotations are for the last

14

16

2M
2M
2M

58

4Ms

80
....

100

Denver 3s
First Carolinas 5s

New

4Mb
4MB
First of New Orleans 5s.

100
99 M

_

69

/
/

^

San Antonio 3s

69

Southwest 58

Illinois Midwest 5s

99

Southern

Iowa of Sioux City 4Ms--

98M

Union of Detroit

f Flat price.

z

-

-

4l

«...

-

-

-

-

45

Des Moines
First Carolinas

Freemont

21
21

23

New York

23

North

55

—

—

M

im

1M
4

5

...........

m

'

2

Lincoln

-

—

—

65

8

8
100

100

90

.-.-100

30

33

86

Potomac

.—100

105

115

13M

San Antonio

100

87

Carolina.....

...

.

—

5

Virginia

99

2Ms

150

45

Pennsylvania

....

12M

/

Minnesota 5s

48

140

.—100
-.-100
.—100

Dallas

104

105

71

.—100
.-..100

Atlantic
Denver

100
83

69

5s

-

100M

100

5s

--.100

Atlanta.-_

102
103

St Louis 4Mb
5s

100

Fletcher 3Ms
Fremont 4 Ms

/

Par

STOCKS

-

100

Phoenix 4Ms-.

99M

First Texas of Houston 5s

-

99

York 6s

Oregon-Washington 5s
Pacific Coast of Portland 5s

100

-

-

99

North Carolina 3s

First Trust of Chicago—

-

-

80

5Ms
Montgomery 3 Ms

100

5Ms--

-

80

4 Ms—

5s

Ask

99M
99M

Virginia Carolina 1 Ms

99 M
-

Lincoln

3M
3M
3M

Bid

Stocks.

Virginian 2s

100

Lafayette 5s

16

14

Burlington 5s-.
4MsChicago 4 Ms

of issue.

Ask.

Bid.

Bonds.

Ask.

Bid.

Bonds.

day of the month preceding the date

2

..—100

97

....

Virginia-Carolina

92

2M
103

Ex-dividend.

Investing Companies Stocks

and Bonds

Concluded from page 72

Stocks and Bonds

Stocks and Bonds

Ask

Bid

Par

Par

Per

share

standard Investing Corp

5

3M
21M
21M

25

S5.50 preferred w w
Standard Utilities Inc

44

1
Seaboard Finance Corp
*
$2 cum pref w w
*
$2 cum preferred
..100
Second Carey Trust.,
Securities Co of New York
Consolidated 4s

49

♦State St

28

Super Corp of
Class AA__

22

25

8.70
4.28

9.49
—

mm

—

—

5M

54

55

10 M

10M

Shawmut Bank Inv Trust—

M&S
4Mb Mar 1 1942
M&S
5s March 1 1952
Sovereign Invest. Inc., com -10c

Spanish & Gen Corp Ltd—
.—£1
Am dep rets ord reg
Amer aep rets ord bearer. .—£1
Spencer Trask Fund Inc
Standard Amer Trust Shares.
♦

*

....

1

90

mm

^

m.

—

mm

m,

—

i

9

preferred...

50

Stocks Inc

*

Tobacco Securities Trust Ltd—
Am dep rets ordinary..
-_£l
Am dep rets deferred-.
£1
Transamerica Corp——-----—2

Tri-Continental Corp

mm

•

♦Class

.43

.48

♦Trustee

72 M
3.64
2.52

75 M

5M

35

36

57 M

5s conv deb 1953
—J&J
Trusteed Amer Bank Shares B 25c
Trusteed Industry Shares.
25c

107
.57
.84

Y Bank Shares....-.1

1.30

16.19

Trustee N

3.66

issuer.

• No par value,

e Ex-coupons.

%

1M
5M
2M
85
M
108

2.57
2.52

5.19

2M
96M

B

Unitm'

C3-.-*
ctf A...

N Y Bank Shares

U S Elec Light & Pow tr
Trust ctfs series B
U

14

Ask
share

5.30

-1

♦Series

59

77

2.42

D

United Insurance Trust Shs

10.73

5M

5M

2.47

1
1

Standard Oil shares A.l

Stand Invest ser O

Union Investment common..-.-*
Co;." deb 5s 1946
M&S

3.82
9.87

.71

15.29
3.56

♦Trustee

12c
10 M

11M
Vs

Bid
Per

5c

Me J an. 15
%
M

Quotations not furnished by sponsor or




1
2

1

Talcott (James) com

5M% partic

*

2

Par

share

9M

6% cum preferred—...—.—*
Warrants
—.---

83
.65
k

....

Tobacco & Allied

55

5M

Amer class A

Supervised Shares

M

%
53 M

Investment Corp

Class B

1

%

Securities Corp General com—*
Selected Amer Shares Inc...-2M
1
Selected Income Shares
*
Selected Industries com
$5.50 prior stock
5
Convertible stock
Allotment certificates
*
Shawmut Association.

com__*
*
—50c

Stocks and Bonds

Ask

Bid
Per

'

Voting shares.
8 & Foreign Securities

25c
com..*

*

$6 1st preferred
U. S. & International

-

Sec

/Flat price, k Last sale,

h

2.13

.99

6M
83

*

pref with warrants
*
Util Equities Corp com
10c
$5.50 priority stock
1
Utility & Industrial Corp—
6
Convertible preferred
7
...1
.63 Wellington Fund
.94 Western Reserve Investing—_
Deb 5 Ms 1944
F&A
1.40
Wisconsin Bankshares
*
1st

1 Vs

16

63
1

53

1M
14.01
100

n Nominal, x Ex-dividend.

4M

Quotations for all securities

Stocks

Par

Bid

Ask

Per

Stocks

Per

Burlington Mills— 1

44

Cannon

Northern Mills
*

Preferred.

53*
23*

53*
4

86

10

4

pref.20

12

x

53*
15

Pine

Spinning Co
5% preferred
Borden

5%
♦

OX

*

5

2
4

2X
4X

*

7

9

100

10

Bourne Mills
1st preferred.

.

Mills—
Preferred
100
Cabot Mfg
100
Cleve Worsted Mill
Common

Draper Corp
Parr
Alpaca

77

•

lOO

4

Franklin Process._*
Fruit of the Loom
-

units.

______

General

12 X
79

%

33 3*

4X
,

34 X

Oriental Consol
Mining

10

5%

5%

243*

26

Pacific

1

6%

6%

1%

2

91

Chlquola Mfg
20
6 % preferred
Clifton Mfg (SO) 100
Climax Spinning. .50
Columbus Mfg (Ga)

15

19

72

76

'

83*
%
73*

3*
0%

Globe Knitting..2
Worsted_50

Can

Converters. 100

r

48

52

Can Cottons Ltd 100

r

16

18

Preferred
100
Domin Text Ltd
*
Preferred
..100
Montreal Cottons.

IX

2X

20

7

8

20

37
110

40

49

12

100

52

21

11

Flint Mfg Co
-.10
7 % preferred
Florence Mills
100
7 % preferred. 100
Fulton Bag & Cotton

26

Mills

13"

25

27

100

2%

17

49

54

(Baltimore)

100
Preferred.. .100
Nashawena M
*
Nashua M (NH) 100
Preferred

100

2nd preferred

3X

15
x

48

S*
CO

8%
8%
34

1

8%

100

Rayon class A. .25

32

10X

11%

N J Worsted pf--100
*

40

Nonquitt Mills

27

Newmarket Mfg

*

North Amer Rayon—
Com class A
*
Com class

B

*

6% prior pref. .50
Pacific Mills
•

24 X
24
50

13 X

Patchogue Plymouth
Mills

1

com

6 Sull'n M & 02%
Butte Copper &

20

...20

15

18

Hamrick Mills
Hanes (F H) Knit.5

25

30

114

116

81

86

113*

8

41

Preferred

26

31

43
30

25

30

50

55

24 X

Majestic Mfg
Marion Mfg Co

115

Marlboro O Mills..4

Mock

Judson

83

84%

1

15

24

See Indus. Stocks.

Preferred

20

13X
15%

163*

Mfg

100

35

.♦

33

Skenandoa Rayon_♦
5 % preferred- .100
Soule Mill (N B)_100

6

—

Chatillon__l

A

1

7% preferred.. 100
United Elastic....*
Utica Knitting.. 100

7% preferred. .100

36"
7

82

—

40

9

9%

31%

32%

86

88

6%

60"

Mohawk

Cotton Mills.. 100

Wamsutta M—100
Wayne Knit Mills .5

—

47

34
6

6%

64"
36
8

14

14 %

Cot Mills

100

19

25"

63

67

.100
7% preferred.. 10C
Perfection Spinning
Pickens Mfg
Piedmont Mfg
20
Poe (F W) Mfg.. 100

70

Ranlo Mfg

100
63

26 X

Amer Enka
*
Amer Yarn & Proc_.

Appleton Co.

2

3

50

60

7% preferred-.100

60

~2%

41

43

75

lstmtge notes
Spartan Mills
Startex Mills

45

100

—25

47X
102

17

1
Beaumont Mfg
7 % preferred
Belton Mills (SO)-26

7

Preferred
Bibb Mfg.

7 % preferred.

a

20
8

94

92"

96

.

100

45"

91

95

28

33
2

90"

Purchaser also pays
par value.

Stowe

Spinning

Textiles Inc

com.

Class A pref
Class B pref




General Tin..
Golden Cycle Corp 10

2

Common.

7% pref... 100
pref...100
Victor-Monagh'n 100
7% preferred.. 100
Victory Yarn Mills—
1st

M

common.

30

12

11%
6%

11%
6%
25 X

~i%

Adams Millis
Adams Oil &

24%

6X
6

Inspiration Cons

90c

123

Royale Cop. .25

IX

1

X
%
1

Gold Mining

10
Magma Copper Col 0

33%

34 X

44%

45%

8%

x

5

8%

Mining Corp of
*

55

IX

Mother Load Ooali'n

1

85
17

National

5
80

17

20
48

4c

11c

3%

3%

1%

Tunnel

and Mines com..*
New Jersey Zinc..25

62

Newmont Mining. 10

72%

IX
62 X
72%

10

27

28%

5

1

1X

N Y & Honduras

Rosario

NIpi8sing Mines

n

Nominal.

63*

60%
52c

61c

5c

r

61%

7c

Canadian

693*

9
~

m

mm

83*

55

65

13*
123*
20

26

13*
133*

413*
453*

453*

19

21

83*
21

*

Gas.*

3%

47

19

213*
43*

Mul-

tigraph Corp...10

18%

Castings

com...5
Advance Bag & Pap
6% preferred.. 100

8% preferred-.100
Advance Rumely..*
Aeolian Co—
6% preferred A.50
Aero
Industries
Technical Inst...

19

2%

Advance Aluminum

3

93

2%
10

13
11

4%

22%

U X

Warrants
Aetna Ball Bear
.1
Aetna Rubber
Preferred
100
Aetna Stand Engine*
Agfa Ansco (Del)__l

5X

20%
4%
5%

Aero Supply
Mfg—
Class A
1
Class B
1

12"

6%

....

Agnew-Surpass

Noranda Mines
*
North Butte
2.50
Ohio Copper of
Utah
1

k Last sale.

Addressograph

22

7
63

Aeronautical Corp.l

Mines common.lc
Mt City Copper..5c

99

5%

5

Lucky Tiger Comb

McIntyrePorcupine5

i

75

Preferred
100
Abitibi Pow & Pap_*
6% preferred .100
7% preferred-. 100
Abraham & Straus *
Acme Steel..
25
Acme Wire
IlO
Adams (J D) Mfg..*

24%

Illinois Zinc

45

Flat price.

Common
$6 preferred

50c
147

18

Aberfoyle Mfg.. 100

49%

25

Bay Min
& Smelting
♦
Idaho Md Mines..]

40c

*
Abercrombie & Fitcb

59 X

Hudson

Canada

3 J*

69
142

Abbotts' Dairy

6%

59X
48%

12 X
Howe Sound Co
b

*

Lab'tories.

4 % % conv pfd
100

36

6X
11X

common

51

....

3%

*

Abbott

Greene Cananea
Copper Co
100
Hecla Mining
25c
Hollinger Mines...6
Homestake Mines

Miami Copper

X

1653*

MISCELLANEOUS
A B Stove

7%

7%

_f

75

95

f

Power

15

6s Jan 1941

X
12

INDUSTRIAL AND

82c

118

9

&

78

1st

3*

12?*

Guar & Trust
of New York
20

13c

8c

.1

Louisiana L'd & Ex 1

10

3

45%

8

X

6

a

Real Estate (DC) 100

25

22%

49

100
50

3

250

Title

Lake Shore Mines. 1
Lava Cap Gold Mini

.10

2

a
a
a

2%

44

15

Union-Buffalo Mills

accrued dividend.

♦Without

24

103

19

5

85

Mortgage Guar..*

IX

35%
%
X
IX
28%

47

2d 5%

6

40

100

Brandon Corp A. 100
Class B
*

20

Sterling Spinning

a
a

Bankers Bond &

40c

75

18

Home Title Ins (NY)

%

25c

120

T

Columbia (D C)--.5
EmpireTitle &Gul00

Evans-Wallower
Zinc, Inc
1
Federal Mining &
Smelting new
2

14

100

a

TITLE GUAR¬
ANTEE & SAFE
DEPOSIT STKS.

22%
10%

35

19"

10

1

%
22 X
10

Kennecott Copper.*
Kildun Mining
1
King David Min.50c
Klrkland LakeGold 1

17

21

Kimball Bldg Tr 100

4%

10 X

7

4

....

18

a

15c

4%

8

99

a
a

38

Evans Wall Lead—
7 % preferred. .100

Isle

Franklin
com

Hotel Tr (Boston) 100

~8~

7%
37 X
11c

Jardine Mining

*

60

Cre8son Consolidated
Gold Min & M..1
Dome Mines Ltd..*

99

70

2%

Copper Canyon. 10c
Copper Range
•
Cornucopia Gold.5c

City RE T (C)..500
Congress St Associ¬
ates (Boston). 100
Factory Bldg Tr.100
Fifty Associates (B)_

IX

orV*
35c

~8"

100

♦

Boston Wharf
100
Cent Bldg Tr
100
Chic R E Trus's. 100

3%

85

103

Bleachery

Print Wks

50c

5

12

80

6% preferred-.100
Rowan Cotton Mills
Saxon Mills-.
50
Smyre (A M) Mfg 10
7% preferred
Southern

%

Copper.
20
Internatl Mining..!
Island Creek Coal J
$6 preferred
1

10X

Southern Worsted—

*

Avondale Mills

27

10

7% preferredlOO
Southern Weaving.*

110

100

Preferred
Arcade Cotton

28"

24

7% preferred. .100
Riverdale Mills—

Process

Anderson Cotton
Mills
100

68

101

Riverside & Dan Riv
Common
25

Bd of Tr Bid Tr.100
Bos Gr'd R'T Tr 100
Bos RET (Bos). 100
Bos Stor W'h'se.lOO

IX
6%
%

33

Mines

50

Orr

2X

1

IX

6%

40c

31

25

Olemenceau Min 25c
Consol
Copper
6
Cons Min & Smelt .5

70

Southern

5
Acme Spinning.---.
Alabama Mills
*

IX
6X

REAL ESTATE TR
& LAND STOCKS

4

30c

Goldfield Consol

65

Preferred

Abbeville Mills

IX

32

Mines

38

Granby Cons M S

53"

&

Southern Mills

54c

1

13

3%

37%
X

73

48

Pacolet Mfg

14

12%

~! 72

50c

;1

White Knob Copper
Preferred
10
Wright Hargreaves

233*

*

20

50

7% preferred

Common

22

2

10%
3%

7c
110

Plate

32c

~3%

17

Norris Cot Mills

3%

22c

1

69

Newberry 0 M..100
2%

1%

1%

Clear Creek Cons—
Common
10c

2X

Niat Yarn Mills

3

Mills

60

Voe—

.

Roxboro Knitting

&

27

54

Musgrove Cotton

Utica

1

91

Monarch Mills. .100
Mooresville Cotton

ich Borden Mfg8ulssett Mills 100

61

%

May Hos'y Mills 100
$4 preferred
Mills Mill pref..100

26

Saco Lowell Shops

Walker Mining
Washington Tin

%
IX

6%

Eagle Pith Lead..10

54

100

Class

46

Laurens C M
100
Limestone Cot Mills
Lin ford Mills

Dye Works

100

Tubize

46

45

See Borden—

12

%

Copper Corp

m

40

40

41

2

Utah Metal & Tun.l

10X

7

6%
2%
3*
10%
3%
3 %
X,

Silver-Lead_1
Sunshine Mining.lOc
Teck Hughes
1
Tihtic Standard
1

42

1

Copper

98

Judson Mills A pflOO
lYeferred B
100

5
10

Chief Consol Min__l
Chile

75"

37

1

38%
5%

26%

Central Eureka
Cerro de Pasco

99

Pepperell Mfg—100

Mills.

75

70

Pierce Mfg
Pilgrim Mills

Sanford

47

70

35

Sagamore
(F R)

12

37

24%
51X
13 X

5%

26 %

Calumet & Hecla__5
Carnegie Metals
1
Central Am Mines. 1

8

Inman Mills

Co

Butte & Sup
Callahan
Zinc-Lead

73*

5

Industrial Cotton
Mills pref

.5

Co

4

4% preferred
$3 prior pref--—
Highland Pk Mfg 20

28

Preferred

Zinc

133*

com 10

50

23c

38 X

5

Bunker Hill

16

Co

ing, Ltd

Mills—

King (J P> Mfg.. 100
La net t Bleach ery &

28

New Bedford

14c

10

37

,

!M

Joseph Lead

Tonopah Mining. .1
Union Copper Land
& Mining
25
Utah Copper Co..10

Dredg¬

49

Granteville

6% preferred
Imperial Yarn

3

35

Naumkeag Steam
Cotton

Mines._.l

Gold

45"

Henrietta Mills—

Units

Merrimac Mfg..100
Preferred
100
Mt V-Woodb Mills

Consol
Bulolo

7% preferred..100
Hartsville Cot Mills.

102

22

6%
6

Black Hawk

8%

40

.

Preferred

21

Ludlow Mfg Assoc. *
Luther Mfg
100,
Martel Mills—

6%

5%

&

43

Grendel

97 X

12

Stand

10

Glen wood Mills-100

11

10%

Shattuck Denn

Gold

Lead

Gossett Mills

93*
95 X

$6 part pref A
*
Kllburn M (N B)_75

7

Zinc

..

25

21

*

60

STOCKS

Smelting
1
$5 prior conv pf 25
Anaconda Copper
Mining Co
..50
Nndes-Oopper M.20
Austin Silver Min-.l
Bagdad Copper
5

25

com

58

36

Juneau
Mining...

92

50
10

'I X

Ltd Amer shares.
St Anth Gold M...1

—

131

Alaska

39

Gaffney Mfg
Conv pref

IX

-

Silver King Coal

29"

37

*

14

1

Quincy
25
Roan Antelope Min

So Am Gold & Plat. 1

104

Gainesville Cot Mills

Kendall Co

r

MINING

99

Serial notes

12%
1 %
1%

*

Premier Gold M

_

r

Amer

14

80

-

115

56

18

>.

110

r

109

Pond Creek

Pocahontas

155

603*

r
r

6%
1%

1%

Mining..25c

St

150

893*

55

103*

44

100

100

1

1%

+

89

r

1043*

5%

Polaris

17

1023*
1103*

r
r

Preferred.
100
Wabasso Cotton..

11

&

Amer shs ctfs_.10
Pioneer Gold Ltd-.l
15

Penmans Ltd com.*
10

10

_

Mills

Preferred

Hosiery—

42

Hartford Rayon vtcl

Mines
Patino Mines

Enterprise—

Canadian

Gosnold M (N B)._»
Preferred
100
Prior preferred.25

Hathaway Mfg.

5

48.
85

125

4

66

80

Tin

Consolidated
Park-Utah Consol

99

99

40

Common
100
Converse (D E).100
Crescent Spinning..
Dillaa Mfg (Ala) 100

7

115

94

Goo da 11

14

43*

61

.

r.;7

.....

Cotton

if

50

62

20
6 % preferred. .100

113*

14

Preferred B

58

Fairforest Finish Co

*

28c

25c

119

89

.

7 % preferred
Efird Mfg
Erwin Cotton

6

Mining Com

Preferred
100
West Point Mfg..20
Winget Yam Mills
Mtge 6s
Wiscassett Mills
Woodside Cotton.20

100

263*

,

23c

Oklahoma Interstate

Washington Mills 100
Wellington Mills
*

See Indus, stks

Brighton

Old Dominion Co_25

-

100

95

6%

Dwight Mfg.,.123*
Eagle Yarn
Easley Cotton Mills

Bradley Knitting

—

98

share

38?*

7% preferred-.100

10

«.

Per

5%

100

Durham

Mills class A

46

Ask

Bid

Par

37%

Dunean Mills

Botany Worsted

Stocks

Ask
share

*

92

9

com

|

10

D irl'gton Mfg(8C> 6

46

5

Border City Mfg 100

Preferred

Wallace Mfg Co
Ware Shoals Mfg 100
7 % preferred
100
_.

Drayton Mills

43

(Richard)

Mfg Co

19%
26

China Grove Cot—

7
29

Bid

Par

Per

_

24

Mills

common

8 % preferred.

53*
27

100

Beaunit Mills

Co

68

*
Apponaug Co.,
Arlington Mills A00
Atlantic Rayon ...1
Bates Mfg
.100
Beacon Mfg—

Berkshire

50

Stocks

Chadwick-Hoskins

23

Preferred

Ask
share

19%

Calhoun Mills

Callaway Mills—

Amoskeag Go

conv

Bid

Par

share

TEXTILE
STOCKS

$13*

possible for the closing day of the month preceding the date of Issue

are as near as

25

3X
25

Shoe

Common
*
Preferred
.100
Ainsworth Mfg
5
Air Associates..
1
Aircraft Accessories.

11

106

5%
10X
2%
7%

Aircraft Precision
Air Devices Oorp—1

price

'

3%
26%

t New stock.

x

11%
110

6%
10

is

Ex-dividend.

INDUSTRIAL

86
*>

Stocks

Ask

Par

Stocks

1

Air Reduc'n com..*

50

.

100

Automat Vot Mach *

50

55

Amer Maracaibo-.l

90

95

Amer Metal Co

Hamilton
*

1%
11%

20%

20 %
9%

.*
Allen Industries—1
Alientown Portland
Cement pref—10
Alles & Fisher
*
Alliance Realty
6
Preferred
100
Allied Chem & Dye
Corp common
*
Allied Kid Co com.5
Allied Laboratories *

5% prior pref
Amer Pulley
Amer Radiator &

7%

3

14

19

20%
14%
8%

14|

Allied Paper Mills.1

Allied Prod (Mich)—

195*

20

10

105*

.18.50

12

Screw.100
American Sealcone.5

28

66

Seal-Kap
2
Seating
*
Am Ship & Comm.*
Amer Ship Build..*
Am Smelt & Refg—*
7% preferred. .100
Amer

,67%

Am Steel F'dries

American

14 %
7

i| X
20

Alum Goods Mfg..*

147%
1145*
16%

149

Indus--*
*

99%

Aluminum Ltd

2%
14%
2%

6% conv pref-.50
Amalg Sugar
1
*

20

Amer Agric Chem.*
Amer Air Lines—.10

Class

*
*

Class B

6% preferred.-.50
Bemberg cam.*
100

1%
2

6

,

Amer Box Board-. 1
A.Brake Sb & Fdy

6%
39

Anchor Post Fence.

Antilla

1

8

20%
113%
137

190

165

15"

20

Am Crystal Sugar 10

6% 1st pref

100

Am Cyanamid A. 10
Class B
.10

5% preferred...10
2d series
Amer

Distilling pf 10
Amer Dist Teleg
*
7% preferred..100

10%
6%

6%

5
Ark Fuel Oil pref. 10

5

65*

6%
105*
82%
33%
34%
12%
12%
2%

11

86

34

itH
12%
2%

102

106

115%

117

Arnold

_

3

2%
15

15%
9

7

93

100

17

19

8%

Art Metal Works. .5

Asbestos

7%

%
4%
%
2%

.50
1

Am Hair &

Am-Hawaiian

25

SS.10

Am Hide & Leath__l

6% preferred...50
Amer Home Prod. 1
Amer Ice Co......*
non-cum

pflOO

Amer Insulator

*

Si 50 prior pref. 10
Amer-La France &

7

1%
3%

71

73

40%
13%

39%
12%

103

100

27%
2%
3%
19%

24%
30%
5%
34%
58%
28%
2%
3%
20%

2%
%
16%

3%
%
17%

22%
30%
5%
33
57

_

6%

6%
11%
1%

5%

Foamite Corp.. 10
Warrants
Am Laund Mach_20

corn. 1

American Locker—
A

*

Class

B

*

Locomotive.*

7% preferred_. 100

♦Without par value.




preferred-.iOO

r

10%
2

12

2%

18%

19

52

l/8
5%
18%

18

112

Dry G'ds
1
6% 1st pref..-100
7% 2d pref...100

73

Am dep rets

ord
registered ___£l
Rayon.*
Athey Truss Wheel 4
Associated

Atl Coast Fisheries.*

8%

7%
6%
6%
2%

....

3

Atl Gulf & W. Indies
SS Lines

5%

non-cum

*

pflOO

Atlantic Refining.25

4% conv pref. 100
Atlas Drop Forge. .5
Atlas

Plywood
*
preferred.20

Conv

122

Tack

*

-

6

2%

Austin Nich & Co__*

2

$5 cum prior A__*
Autocar Co com. 10
6% preferred.. 100
Automatic Fire
Alarm common.25

5

55%

"2%

1%
30%

30%

45

46

17

Jan.

10%

10%

s

*

6

7% preferred-.100
Beryllium Corp

91

7

7%
.

Preferred

50
*

Best & Co

Beth Fdy & Mach.*
Preferred
50
Beth Steel (Del)
*

4%

5%
35

37%

38%

O
Lt

Q

O

73"
20%
117

2%
83

38%

31%

32

97

98

Inc

Preferred

100

Billings & Spen
Bing & Bing
Binks Mfg

3%

25
5
1
*

10

5

-

Preferred

Co

Bliss & Laughlln._

Preferred

%
3%

* Last sale,

Brewing.._*

Burger

50

Nominal,

110

21%
28%
13%

40

3%
43

Common....... 1

18%
32

Corp Ltd—
Am dep receipts.

.

*

com

Burroughs Adding
*

Machine

Burry

Biscuit. 12%c

Preferred

*
50

Byers (A M) com. .*
7% part pref.-100
Byers Machine
*
Byllesby class A
*
Class B

*

Preferred

*

11%

*
5% preferred—50

Calaveras

Land

Timber
7
46

.5
30

30

35

r Canadian price.

5%

Burma

195*
10

19%

Cambria Iron

Campbell (AS)
Campbell Wyant
Cannon Fdry
lanada Bread

Preferred.
Class B pret

n

10%

39%
5%

Mfg—-

t,F)

Calif Pack Corp

55*
19%
44%
9%
185*

»

19

9%
102%

7%

*

Preferred

1%
34%

2%

Burd Piston Ring.-l
Burdines Inc
1

4%

54%

X Called April 1 at $20.

*

*

Watch

4%
1%

99

Fdy & Mach .wn *
B!ack&Decker Mfg *
Blauner's $3 pref--*

16

14

preferred-.lOO

Bullard Co

Byrndum Corp
1
Bryon Jackson
*
Cable Elec Products
Vot tr ctfs
50c
Common
50c

Birdsboro Stee

Blaw-Knox

7%

*

Butterick Co

14

38

65

Budd Wheel

6% preferred
*
7% debenture. 100
Bush Term Bldgs—
7% pref ctfs.. 100
Butler Bros
10
5% conv pref. .30

$2.50 preferred-.*
Bigelow-Sanford
Carpet com
*

9%

8

100

(E G) Mfg..*
7% preferred-.lOO

8

14%

21

16%

com

Budd

Bush Terra Co com 1

33

72%
5% preferred
20 t 20^32
115
7 % preferred-. 100
B/G Foods Inc
*
2%
78
7% preferred--100

Bird & Son

Buda Co

96

Limestone

6 Cement com__l

87

*
10

Bucyrus-Erie Co. .5
7% cum pref.. 100

Burns Bros
1/

1

Purchase warrants
Borland Shoe St

4%
22

*

$2.20 preferred._*

%

%
41

common..

40

Brunswick -Balke-

Burkart

7

4

33'»c

Hedges. _*
* k
Berghoff Brewing. _1
Berkey & Gay Fur¬

105*
77

Bruck Silk Mills...»

Preferred

Home

pref

2%

Bunte Bros com—10

Yds

14

3%
14%
24%
66%
123%
6%
2%
2%

35

5

Bulova

16

13

5% conv pref--100

22%
6%

65*
4%

*

21%

23%

Auburn Automob.. *

nZy>
22

Bickfords

110

65

Powder

12!*
88

13%

13%
14%
20%
109%
2%

*

Atlas

6%

55

Class B

78

70

.

Conv

'7%

7%
76

*

Bruce (E L) Co.

A*

Buckeye Pipe L..50
Buckeye Steel Cast

20

5%
6%
123%
9%

52%

Bessemer

Assoc El Indus Ltd

_

Class
Amer

r

Brew

10

50

niture

128

.

$5 preferred

35

Benson &

7/

QA

(Can).*

8%

50

Manufacturing

Brunswick Site

50

Bendix

42

Collender Co

40

Preferred

7

9%
5%

Assoc

Atlas

.

„

6%

1

Mfg

Preferred

11

Amer Hardware

40c

*
7% preferred..100

Art Metal Constr.10

2%

*

Stk

Bender Body com. _5
Bendix Aviation
5

40%

20c

1

108

Common

38%

Elec.10

liegeman

Arrowhead Petrol.

Socket com
*
Amer Fork & Hoe. *
Am Fruit Growers.*

preferred-.100

10%
3%
8%
145*

14%

Ashland Oil & Ref.l

8% preferred..100

54

RR &

Appliance cl A__5

Assoc

2d

Belt

Hart-

14

Amer Hard Rubb_50

Belmont Radio

40

10%
3%

Artloom Corp

2%

1

Bellanca Aircraft--1

60

8

28"
109%

104

1

Bell Aircraft

52

Print Wks. *

85

Felt
*
1st preferred..100

50

*
*
1

Preferred
Brown Rubber

7% preferred-.lOO
3%% pref
100

27%
108%

_

4%
17%

»

Brown Shoe

27

114%

Brummell
Aircraft

pref

Forman

Brown & Sharp

9

Belding Hem'way. *
Belden Mfg com. .10

Class A

Distillery

40c"

26%

1

.'8
22

6% pf.100

Brown Fence & Wire

Brown

4%

Ties Inc

1%

10

common

1%

114

*

54

Equipt Corp.-l

Arrow

5.

119
20c

.25

20%

Ordinary bearer £1

Warrants

30%

x-w

39%

5% preferred...30
Aro

5%

5%
48%

$6 conv pr pref..*
7% preferred-.100
Armstrong Cork
*
Armstrong Rubb A*
Arnold. Constable.5

*

14%

12

30

Warrants

Beecn

10

109%

18%

Registered

Truck com.:

29%

Bearings Co (Am).*
1st preferred..100
2d preferred.-100
Beau

*

Brockway Motor

25

Beech-Nut Pack.-20

12

Am Furniture

3

32%
%
4%

108

pref.. 100
Armour & Co (111)—
guar

80

-

7

2%
31%
%
4%
8%

Archer-Dan-Midl'd *
Arcturus Rad Tube 1

Amer Felt common *
Preferred
100
Amer Forging and

Preferred

3%

6

51%

Coupon

175*

30

Cream. .25

Pref

47

.5

Amer dep rets. 10s

100

t c

common.

Beatrice

25

British Celanese Ltd

25

$5 preferred w w_*

6

13

10%
2%
10

Common

55

American Encaustic
Tiling Co.
1
Amer Export Airlines
Common
50c
Amer Export Lines 1
Am Fabrics, pref 100

85*

4

AP W Paper

7%

3%

100

Optical com
10
5% preferred.-100
Bayway Term
l
Bayuk Cigars
*
7% 1st pref... 100

Mfg

Armour & Co of Del

115

Commercial
com

76

7%

Argo Oil

100

v

80

22
7

Beaton & Cadwell

2

.

74

100

Apex Elec Mfg
Applied Arts
Appollo Steel

• .

1%

25

108%
133%

5% preferred.. 100
Alcohol

1

43%

American Cigarette

Amer

Corp

28

Anheuser Busch_-20
Animal Trap....

Am Chain & Cable.*

Cigar Co.-.100

1%
30

1%

2

%

Amer Coal (N J)..25
Amer Colortype..]0

113

112

Angostura-W upper-

%

*

20%

20%

25

Brit-Amer Tob reg£l

Bausch & Lomb

Hocking
Corp
$6% conv pref..*

Andian Nat Corp..1

6

pref. 100

Pref

36

common.

Anchor

12%

*

Class A

Brit-Amer Oil Ltd

2%
12%

4%
1%

Baumann(Lud)com*
Preferred

175

100

Preferred

27

31

Brinks, Inc

14

*

Class B

American shares

Anaconda Wire &

Sugar

_

2%

*

Class B

Brown Co

Bathupst Power
& Paper A

*

Writing Pap.*
Amsterdam Trading

114%

100

&

Wringer

19%
39

Briggs & 8tratton._*
Brill Corp class A..*

17%
15*
115*

Body.

Bath Iron Wks

7% preferred.. 100

42

Preferred

Chicle

Batavia

Amer

133

Amer Centrifugal.. 1
conv

;_*

24%

Amer Carmel

6

3
10

25*

Bastian-Blessing __*

100

Am Woolen Co

mann

20

1

Basic Dolomite

1

Properties
*
.*
7% preferred.. 100

5%

100

Common

170

Am Car & Fdy

Amer

Bartgis Bros com.
6% conv pref..25

Amer Wind Glass—

114%

25

50c

5

Barnsdall Oil

Am Vitrified Prod-

131

pf_100

7% preferred. .100
American Canadian

40c

Barnard Aviation.. 1

25*
44%

*

Bristol-Myers

28

Barnsdall Refining. 1

Type Found. .10
7% preferred. .100

l$y*

37

Bristol Brass

27%
2%
9%
1 %
12%

Barlow & Seelig cl A5

Am

Amer

%
7%

7

__*

Bros

6

6%
12%
8%

7% preferred. .100
Brillo Mfg
*

1

com

5%% pref
50
Barkley Grow Aircrl

Transformer. 10

Cable

6

38%

conv

Steel

Barker

Glass

Common
American Can

1%
2%
45

44%
55*
6%

American Book..100

Amer Bosch Corp.-l

5%%

ilH
103

100

Am Beverage Corp. 1

7% preferred

10%

16

Am

Preferred

51

10%
465*

175*

%

Stainless

Barium

6% preferred ..100

Preferred

49

10

Am Bank Note

16 j

18

Warrants

,5*

Bardstown Distill__l

25

Class A

56"

%
14!

*

10
Barber (W H) Co__l

17%
21%

Bridgeport Brass. _*
Bridgep't Hydr'lic20
Bridgeport Mach..*
Preferred
100

Briggs Mfg

Service clA

50

B

22

Barber Asphalt

Preferred

40%

110
54

pref 100

A

24%
6%
6%

Bankers Industrial

Am Thread 5% pref5
Am Tobacco coni_25

46

ffl*
60

24%
6%
6%

1

-.100

Preferred

%

7H

preferred
*
Boyd-Welsh Inc...*
Boyertown Burial
Casket com
*
Brach (E J) & Sons *
Brager Eisenberg_-1
Breeze Corp
1
Brewing Co of Am.3
Brewster Aeronaut'! 1

Bancroft (J) & Sons*

Preferred

Am

57

Warrants
Baldwin Rubber

Amer Thermos A__*

Common

Wks..*
13

com

7% pref old—-100
7% pref new—.30

.

1065*
2%
15%
2%
535*
20%

45%
37%

American Arch
Am Bakeries

1155*
17%
9%

106

6% preferred. .100
1

Amal Leather

"3"

7 % preferred. 100
Am Sumatra Tob._*
Amer Television.-vl

100

6% preferred.. 100

22%
2%
145*

Amer Sugar Ref_100

19

Aluminum Co com. *

8

Stove.

51

50

97

*

*

1st preferred.-100

6

70

21

Bilt Hotels—

2d

95

for

31%

12%

105

100

Baldw Loco

34

98

6% preferred-_100
Baldwin Duckw'th.*
c

*
pref..*
B'r'g..5

Bow-Bllt Bondhold¬
ers class A
65
Bowm

8

V t

cum

Roll

11%

100

-

.22
5%

95

*

preierred

*

American Stores

9

Bower

%

Preferred

6% non-cum pflOO
Amer Steamship. lOO

36*

355*

*

Balaban & Katz..25

47%
146%

Snuff..25

American

4%
20%
7%

Common

Baldwin Co.

31!

Woven Hose

Rubber com..*

&

$2.75

Chemical

33

Scrymser.-25

Boston

Deferred
Baker

1%
55*
9%

Amer

Allis-Ch aimers Mfg

Alloy Cast Steel—.*
Co....20
Alpha Portl Cem.
Altorfer Bros com...
Conv pref
*

—

Borne

Bourjois, Inc

3%
19%

Colliers Corp

American

8%

Allied Stores Corp. *

Aloe (A S)

107

Backstay Welt
Baird Telev pref

13%

*

100

Preferred

'

Ayrshire Pakota

4%% conv pf 100
Am Safety Razor
Common

5% preferred--100

20

3%

1
Babcock & Wilcox.*

1735*

171 %

25
10

19

Am Republics com 10
Amer Rolling Mill 25

225*
23%

15

Borden Co

Borg-Warner Corp .5
50

7*

%

6%

23

Stores com__l

Bond

44

*
*

B

Common

1%

,

10

2%

2

23

Bon Ami com A

3%
50%

Class B

pref 100

cum

i»

Bohn Alum & Br. .5

Transpor¬
1
Axton-Fish Tob A 10

50

23%

6

6%

tation Corp

Stand Sanitary ..*

10

7%

Allied Mills Inc—

Corp

*

a*

18

Aviation &

7

Parti c pref

J§*
78

75

17

20

37

Capital..1

Aviation

W*

1st preferred-.lOO
Bohack Realty pflOO

'

1%

Aviation Corp. _.__3

1

6% conv pf
25
5% conv pf
25
Bloomingdale Bros.*
Blumenthal (Sid)..*
7% preferred __100
Boeing Airplane
5
Bohack (H C) com.*

6

5%

Warrants.

Amer Products..

14

Steel Corp

Amerada

15

*
Am Potash & Chem *

Allegheny Ludlum

Aluminum

17

Amer Pneu Serv

8% pref
100
Algoma Steel com.*
Preferred
100

Common

20
5

Avery (B F) & Sons 5
6% pref w W-..25
Pref ex-warr.25

*
.5

Class B

5%

22

$1.50 conv pref 25
Class A com
25

Amer Piano class A*

32

Inst common

conv

Optical

Amer

2%

2%

"ill

%

%

^.3

Common

Automobile Banking

American News Co *

100

Common

♦

6% conv pref..100
American Meter
*

4%

*

6%

Automatic Washer—

5

4%

Alexander Dept Stsl

CI A

5%

5

3%

Refrig.10

Automatic

(E W) Co-

Common

2%
IK

5

Automatic Prod

*

com. 100

Co
5% pref

Am Mfg

Alberta-Pacific
Grain class A
1'referred

ment common

Am Mach & Met..*

Bid

Par

Per
Bliss

Automatic Instru¬

Fdy.*

Amer Mach &

1%
50%

Stocks

share

Per

Am Maize Prod

Air-Way Electric
Appliance
*
Alaska Pac Salmon*
Albany Packing. 100
Preferred
100
Alberme Stone of Va
Vot trust ctfs
5

Ask

Bid

Par

share

Per

Airplane Mfg & Sup 1

Alexander

day of the month preceding the date Of issue

Stocks

Ask

Bid

Par

STOCKS

MISCELLANEOUS

&

Quotation* for all securities are as near aa possible for the closing

fNewstock.

zEx-dividend.

u8
gK
13

15

9%
6%
21%
%

22%
%

1

1
&
*
*

100

50

7

2

1

11%

12

70

71

1

2

20c
15c

4%
3%
14

.

30c
25c

5%
4

14%
%
%

24%
51%

&
50

12%

2%
58

5%

14%
5%
104%

Feb., 1940]

INDUSTRIAL
Quotations for all securities

Stocks

Par

Ask

Bid

are as near as

Stocks

& MISCELLANEOUS STOCKS
posslble^ljirthe closing iay of the month preceding the date

Bid

Par

Canada Cement. 100
Preferred
100
Can Dry Ging Ale.5

79*
96

189*

Canada Forgings—
Class A
*

*

20

104

Class

B

199*

22

104 9*

56

43 9*

199*

1

6%

Canadian Dredge
& Dock

33 9*

127

69*

25
101

Foreign
Invest Corp.

• r

12

_

6
769*
61
1

Carman & Co A

23
69*
389*

*

Class B.....__.*

Co

*

1st preferred-.100

Carpel Corp
Carpenter Steel
Carrier Corp

*
6

1

Carter (J W) Co... 1

Carthage Mills

*

Preferred A

100 &

Preferred B

105
28
23 9*
139*
79*
11

Products

*

100
7% preferred-.100

*

Coca-Cola Intern

*

Cockshutt Plow

* k

Cohen

*

10

79*

249*
13 9*

119*

32"

229*
9*

229*
19*

Central Cold Storage
Common
20
Cent Foundry com. 1

6% preferred--100
Cent Ir & Steel..100
Cent Ohio St Prod-1

2

20

*

9

30

Ordinary shares.
6%

pref

Col Fuel & Iron
Warrants

789*

Columbia

29*

209*

conv

69*
69*
229*
879*

pref..*

v t c *
Columbus Auto—
Parts com....
•

29*

4
12

13

Oonsol Aircraft

$3

229*

1

*

62

Consol Biscuit
1
Consol Car Heat.100

45

Centrifugal Pipe
1
Century Elec
10
Century Rib Mills.*
7% preferred- .100

39*

39*

Cons

Certain-teed Prods. 1

6% prior pref. 100

69*
29 9*

69*
299*

Cessna Aircraft

1

Chain Belt

»

19*
19

199*

6

39*

49*

Weatherstrip
Paper

Champion

23

100

Champion Shoe
Mach 1st pref.100
Chapman Valve
1
Preferred
Charls Corp

100

10
Checker Cab Mfg.6

Cherry-Bur Corp..5
Ohesebr'gh Mfg. .25
Chesapeake Paper
Board common.
Preferred.
Chester Pure

40c

75c

349*

369*

120

69*
189*
12

111

Chicago Flex Shaft 6
Chic June Rys & Un
Stk Yds com..100
100

Chic&go Mailorder 5
Chic Molded Prods 1

Chicago Nipple
Chic Pneu Tool

*

$3 conv pref
$2.50 prior pref..*
Chic Ry Equip
25
Chic Rivet & Mach 4

"~a~

6

59*
149*
1059*
129*
72 9*

73 9*

210

9*
89*

1029*
99*
79*

89*
5/

BA

69*

Clnecolor

1

39*

9*

5% pref v t C..100
Consumers Co of 111

14

A partic._50
B partic
*
partic pref 60
Container Corp. -.20
Continental Baking
c

1

c

8% preferred-.100
Continental Can. .20

20c

39*
9*

95

169*

179*

$4 preferred
*
Cooper Bessemer. _*
$3 prior pref
♦
Oopperweld Steel..5

79*

110
9

119*
5

229*
4
81

29*

8%
79*
29*

4

6

6

13




2

109*
58

Preferred
Corn Prod

100

Refg__25

7 % preferred- .100
lOorroon & Rey'ds.*
$6

conv

A pref..»

19* jCosden Petroleum. 1
;
5% conv pref. .50

k Last sale,

n

Nominal,

r

19*
109*

49*

3

159*
49*

Common

Class

_

B

*

1

179*
70

16

]

Educational

'

169*
49*

Harvester. 1

9*
12

9

100

1

Sterilizer

609*

639*

114

1 lectric

19*

19*
50

1.00
35c

Household!}

19

1

26

1

19*

]

11

17

18

1 Glectromaster

19*
13

18

19*
139*
19*
19*
199*

219*
23

2d preferred—100
Dewey&Almy Chem

28

—*

112

100

11

6

5

79

83

34

429*

34 9*
439*

*

259*

27

6 9* % pf (w w) 100
2

108 J*

6% part pref.-.25

Prod..2

9*

59*

Differential Wheel. 1

89*

Voting trust ctfs..

79*

Warrants

preferred..

Class

Drug.
B

Preferred
1 Empire Sheet &

Tinplate
Emsco

19*
99*

73

19*
12

Canadian price,

Di

Noc

com

100

Mfg

.1

Discount Corp ..100
Distillers Co Ltd.£l

89*
349*

9

x

5

29*
139*

29*

19

199*
82

Ex-dividend.

169*
169*
27

39*
80

59*
10

1099*

9*
49*
24

49*
89*
ics

Corp.5
Corp—3

1

2

229*
9*
43

1

149*

i09*

2

18
118

5% preferred..100
1

19*
89*
79*

155

19*
39*

44 9*

120

145

25
37'

Endicott-Johnson_50

Preferred

Seagrams Ltd
*
5% pref w W..100

4

38

Distillers Oorp-

t New stock,

21

»

Derrick

1

92
/

2\,

59*

72

*

Emerson Elec Mfg.4

~6~~

79*

19*

2

Preferred

509*

64

*

1st preferred.. 100
preferred.. 100
1 Ely Walker D G.
1st preferred..
2d

Dictaphone Corp..*

175

22

5% cum pref...50
5% prior pref. 100

1 Emerson

169*
519*

1

11

15

1 GlkHorn Coal

29

13

1
Inc.l

] Elgin N Watch
J Gljer Co com

106

*

16

173

1

2d

Diamond T Motor

113

19*
289*

1

109*

21

com

15

Util Corp

Common
1 Glectrolux Corp

219*

Common

A

o

359*

]

*

B

58

1

lec & Musical
Indus Am shs

1

.

51

9*

19*

lectric Auto-Lite. 5
lectric Boat
3

16

19*

Preferred

169*

50

1

82

Diamond Shoe

102 9*
63 9*

50

Pict..!1
1

13

Detroit Paper Prod 1
Detroit Steel Prod.»
Devoe & Raynolds—
Class A (non-vot) *

17

159*

5% preferred

10 9*

25c

20

39*
4

32

159*

9

40

com—1

Dictograph

29*
39*
319*

65

99*

Detroit Mich Stove 1

Dexter Co

172
r

]

Class A

60

109

♦

1 lectricai Steam

90c

__

160

•

]

85

♦

6% pref w w

Preferred

99*
289*

1
1

6% preferred. .100
lasy Washing Mach

10

30

0%.

,

40

209*
269*

24

_

14 9*

19*

value,

Conv 5% pref..50
Cornell-Dubilier
Elec Corp com. 1
Corning Glass Wk 10

28

1079*

Converse Rubber..»

8

*

Preferred

Dexdale Hosiery
Preferred

60

Cook P't & Vnrn__»

1099*
89*
119*

Corp
10
Dejay Stores
1
De Long Hook
and Eye
100
Del Rayon A com. 15
De Mets Inc pref..*
Dennison Mfg—
Class A
10
6% preferred
8% preferred.. 100
Dentists' (The)
Supply com....10
6% preferred
Derby O <fe Ref com *

69*

5c

89*

1

Gilbert

2%

16

27 9*

9*

Footwear .1

:

]

20

Common

49*

49*
15

5% prior pref..20
Warrants.

35

26

Foundry

50c

2

Diamond Alkali..20
Diamond Match
*

1169*

23 9*

6*

79*

13

pref_20

:

319*

30

*

com

conv

28 9*

9*

79*
19*

100

1

Preferred

19

309*

7% preferred...20

Detroit

10

99*

Preferred

$1.50

1109*
19*

100

Common

Detroit Gray Iron &

43

il*

astman Kodak

18

1

Det Gasket & Mfg_l

139*
19*

4

79*
9*

..35

Records

9*
49*

139*
19*
94 9*
429*
115 9*
69*

Preferred
Oont Steel Corp
Preferred

13 9*

Decca

169*

Oont Screw com-.10

74

Dayton Rubber Mfg
Common
1

Detachable Bit

169*

139*

89*

Chemical. 1

19*
9*

4

50

*
100

Davison

Detroit Aircraft

c

*

19*
59*

17

34

49*

*

5

10c

13

39*
809*

Cin Un Stk Yds

19*

Consolidated Steel
Consolidated Textile
Consolidation Coal—
Common v t C..25
Warrants

*

Dec

96

479*

20 9*

5
Churngold Corp
*
Cinci Advtg Prod. _*
Cinci Ball Crank..5
Cin Tob W'house.25

3

8% preferred.. 100 k
Oonsol Royal Oil. 10

339*

*

Chrysler Corp

43

79*

A

20

29*

♦

Oil

ason

astern

Deisel-Wemmer

7

Y%

10

1

89*

59*

Class B

19

389*
23

21

Preferred

11

.

4"

40

Class

18
15

Deere & Co

Cons Paper of Can.*
Consol Retail Sts.-l

Oont Diam'd Fibre.5
Continental Mot__l
Cont'l Oil (Del).-.6
Cont'l Oil (Mex)-.l
Cont'l Roll & Steel *

'

10

par

25

8

Consolidated Oil,..*

$4.50 preferred.

100

Inc

69*

*

com

Deep Rock Oil & Ref
7 % preferred -100

2

159*

49*
169*

119*
49*
169*

Decker(A)& Oohn 10

85

1069*

10

*

Darling Stores Corp
$2 partic pref...*
Davega Sts Corp. .6
5% conv pref. .25
Davenport Hosiery

39*

89

preferred. 100

V t
V t

14"

819*

Lithograph..*

Cons

12

Conv preferred..*
Chic Yellow Cab..*
Chickasha Cot O.10
com

Indus.. 1

70

Chic & So Airlines.
Chic Towel com

Preferred
Chilton Co

7%

64

50

79*

cum

V t

5

Without

114

Silk

Hosiery 6% pref 10

*

~7~"
199*
129*

3

Chic Daily News..*
Preferred
*
Chic Elec Mfg A.

Childs Co

239*
1059*

103

50

Preferred

Film

10

Class A

80

part pf..»
Cons Laundries ...5

29*

&

common.

6% pref

$2

Darby Petroleum..5
Darco Corp 8 % pf 100
Dardelet Thr'dlock *

Hammer

10

1239*

32

100
1

]

189*
49*

9

269*

869*

Cons Mach Tool uts.

com

Chamberlin Metal

Fibre

Cons

60

189*
49*

pref.. 100
pref
*

cum

cum

Warrants

59*

239*

29*

Cigar Corp..*
69*% prior pf.100
7% preferred. 100

4

93 9*

pref

55

$8

52

7

conv

1

•

180

*

com

]

Mills

50

59*
229*
89*
269*

379*
219*

.5

lnval Tfixas Snlnh

90

14

179*

69*

59*
99

39*
24

179*

Oongoleum-Nalrn. *
Congress Cigar
*

1

-7"
229*
899*

199*
139*

$2 50 conv pref-.*
Conde Nast Pub..*

10

»

Shoe

3

99

4

42

B

6% pref
>uro-Test Corp

83

29*

23

$2 preferred
*
Combustion Eng__l
Oomm'l Solvents- _*

Oompo

Mills

19*
"39*
69* Jan 25

39*

1799*
1229*

&

6% pref
25
7% pref.
100
►urham Hosiery—

189*
269*

299*

Cutler

Oolum Carbon

119*

k

69*
129*
118

pref..*

cum

Plastics

Chem com

449*
109*
299*

7%

29*

*
Vot tr ctfs com..*

$2.75

__5

$7 preferred

42

Common

59*

45"

5

24

Columbia Pictures-

Cen Violetta Sug

Preferred

24

239*
239*

Columbia Mills.. 100
Columbia O & G
1

111

109*

$4.50

Davis Coal & Coke 50

1149*

64

Curtis Mfg
Curtis Publish

Ourtiss Wright Corpl
Class A
1
Oushman's Sons—

B'casting

Sys Inc class A 2 9*
...29*

Mach vtcext.-.l

38
8

22 9*

189*
269*
1119*

Stores com....2 9*
Ouneo Press
5

7
38

109

*

cum

>urez

Cunningham Drug

159*

Class B

39*

119*
2 J*
35

12

100

109*
19*

59*

6 Co common..20

149*
659*

80

10

9

39*

63

•

369*

se preferred
*
Internat'l.l

Miplan Silk

25

139*

19*

.

pref.. 100
>uPont (E I) de N

20

%
30

10

r

>unhill

8%

Preferred

49*

189*
59*
20

Tobacco

100

♦

16

27
108

Laboratories cl A1
(R G)
Bradstreet Corp¬

81

5% Preferred .100
idahy Pack
50

19*

59*
16

•

Colson Corp
*
Colt's Patent Fire
Arms Mfg
26

6

Paper.

conv

19*
49*
179*

_

Ou ban

65

Steam Valve. .5

)un

79*
69*

89*
29*

11

20

common

29*

'159*
%

Dryden Paper

""%

80

*
100

Dubilier Condenser 1
>u Mont
(Allen)

9*

69*

Sug.
7% preferre ci-

Colonial Beacon Oil *
Colon Development

Wire

~ri

9

9*
69*

*

i-Am

Collyer Insulated

51
27

Cuba Co..

19*

x

Mfg com..*

resser

82

%

Drug

Preferred

909*
369*

6

*
*

5 % preferred- .100
Dow

7

Tissue.

9*
29*
1489*
1149*

*
_

com

Preferred

80

Crystal

9

809*

Driver Harris Co. 10

359*

pref

conv

140

1

11
79*
289*
289*
409*
419*
43
399*
19* Jan. 25
16

111

100

Columbia Baking-_*
Preferred
•
Columbia Brewing .5

250

Central American
Plantations ...100

pref. .100

Dow Chem

20

$5

5

Stores. _*

Conv prior pref.

159*
889*

119*

25

Common.

29*

18

1049*
349*

34

conv

5%

il'4
67 9*
112 9*

k

18
106

1039*

Collins Co

11

369*

105 9*

*

_

Collins-Morris

si"

Crown C'k &

Crucible Steel... 1(

6% preferredlOO
Collins & Aikman.

29*

10

179*

B

Doubleday Doran.*
Douglas Aircraft. _*
Douglas (W L) Shoe

15

2

Dec." 11

349*

*

common

Coal

Central

63 9*

5

•

24 9*
39

109*
62
59*
859*
309*

*

79*

Pref called

19*

Celotex Co com—»

Airport—*

.

*

Peet

65

59*
179*
29*
509*
269*
114
1099*

Associates

~

120

Colgate-Palmollve-

69*
79

CasePomeroy
5
Castle (AM) Co..10
Oatalin Corp.
1
Caterpillar Tract. .*
Oelanese Corp
•
7% prior pref-100
1st partic pref. 100
100
16
*
*

(Dan) Co

Coleman Lamp &
Stove common

24

669*
110

Crown

151

Dominion Steel &

27

19*
99*

900

12

Dominican Coal pf 25
Dominion Glass. 100
Preferred100

Dominion

249*

140

1199*
629*

141

Dominion

7

110

31

*

Case Lockwood &
Co.. 100

1

329*
209*
59*
9*

5*6
69*

259*
.369*
219*

69*% pref
100
Bdge.100

15'"

59*

..

lishing Co

349*
72

Coca-Cola Co
Class A

52 9* Nov 28

40

Case (J I) Co

68

15

13
93

Carey (Philip)
*
6% preferred..100
6% preferred..100
Oarib Syndicate.25c

Central

Crocker-Wheeler

5
*

Dold (Jacob) Pkg—

10

1399*

33

29

Doehler Die Cast..*

39*

130

*
*

97

Carborundum Co.."

*

*

of Los Angeles.
of New York

35

49*
259*
39*
119*
189*

Dodge Cork
Dodge Mfg..

529*
319*
209*

39

1349*

190
190

Carbon Monoxide
Eliminator

3

9*
23

1029*

of Am-

pref.

Warrants

Croft Brewing

389*

of St Louis

2

186
187
Preferred
134
Can Locomotive• r
11%
Capital City Prod.*
8%

Central

379*
29*

19*

Peabody—*
7% preferred. .100
Coca-Cola Bottling

29*

Class B

1st preferred
$7 preferred
Central Aguirre

$3.50

48

*

Dobeckmun Co coml

9*

**
229*
1019*

1

59*

37

29*

Class A

.

*

,9

Dixon (J) Cruc_.100

Ship.

Creameries

of Cincinnati

2%

CI B non-voting.*
Canadian Industries

6 % cum pref.
Celluloid Corp

5

389*

5

Utensil com-——*

79* Jan.

9
5

119*

Dr Pepper Co

9

»

Cluett

109*

Can Indus Alcohol—
CI A voting
*

Brainard

49*

Clinchfield Coal. 100
Preferred
100

26

Canadian

Oasco

k

Covered Wagon Co

19*
79*

*

Dixie-Vortex Co
Class A

9*

37%

4

Climax Molyb¬
denum Co

19*

Divco-Twin Truck-1
Dixie Home Stores. 1
Dixie Ice Cream..

9*

Hobblng

com...

Distillers Liquors..5

5

1

Courtaulds Ltd—
Am dep rets ord£]

Club Aluminum

♦
Can Fairbank pf.100

Carnation

Mach

Cleve Tractor

4

106

9*

1

com

Cleveland
13 9*
219*

*

_

Bronze

.....

Per share

39*

36

39*

104

Clayton & Lambert *
Cleveland Graphite

43

Preferred

Bid

Par

49*

Cosmocolor Corp.

7

.

Stocks

Per share

169* Jan. 11
289*
299*

Equip Co—*

100
Claude Neon Lt—1

1069*
139*
19%
33%
126

Airways

6

3

|

Ask

Bid

Par

13 9*
98

97

1 k

Jlark Controller
Clark

79*
189*

Preferred
100
Canadian Cm & Fy *
Preferred
26
Canad Celanese—*
Preferred
100
Canadian Colonial

-]

Stocks

59*

59*
139*

City Auto Stamp. _*
City Ice & Fuel
*
69*% cum pf._100
City «fe Sub Homes 10
Hity Stores
5

7 9*
18

Can Wire & Cab A_*
Class B
.♦
Canadian Bronze. .*

7%
989*

20

Canada Packers
*
Canada SS Lines. _*
Preferred
100

Ask

Per share

Per share

87
of Issue

89*
359*
1019*
120

9*
19*
19*

INDUSTRIAL

88

Ask

Bid

Par

Stocks

poatjMg for the closing day of the month preceding the date of issue

Bid

Par

Stocks

3%

Chicago *

35%
%
4%
38%
10%

7% preferred.-100
Fairbanks Co
25
8% preferred- 100
Fairbanks Morse--*
Fairchild Aviation. 1
Falrchlld Eng & Alrl
$6 conv pref
*
Fajardo Sugar
20
Falstaff Brewery--1
Famlse Corp
50c
Class A
2

169
25 %

10%
5%

7%

%

%
1%

1%

-

-

-

7

9%
25

35%

9%
1%
4%
2%
22%
22

17

17%

89

9%
n

27

10%

18 %
145

23%

A-100

Fishman (M H)—*
Preferred

8
a

Ist

13%
110%

Fia Portld Cem u t s
Florence Stove

*

33%

Florsheim Shoe com*

23%

3%

19%
105%
44%
8%
14%
110%

11%
19%
68%
33%
24%

4

2

4%
4%
2%
18%

i

7

9

27

35

3

100

Food Devices

20c
Food Machinery.-10

pref.100

1%
32%

1%
33

107

-100

10

3%
5%
11

3%

Am dep rets ord—
Ford Mot of Can—

Class A

*

Class B

*

*

*

Four Wheel Drive.10
Fox Film class A
*
Fox (Peter) Brew..5
F-R Publishing

*
Sugar--.*

1%

V

17%

18%

71

73
3

10%
4%

11

4%

15
13

14"

12

15

%
33%

Freeport Sulphur.10
French Investing-_*

32%
%

1%
34%
21%
33%
%

Preferred
100
Froedtert Grain &
1

Partic conv pref 15
Fruehauf Trailer—1
Fuhrman & Schmidt

Brewing com
1
Fuller Brush com__5
Preferred
100

18

4

10%
18%
30
40c

5

10%
18%
30%
50c

9

Fuller (G A) Co—
19

1

17

$3 convertible
*
4% conv pref. 100
Fuller Mfg com
1

25%

27

39
4

Gabriel Co cl A
*
Gair (Robert) com.l
$3 Preferred
10

3%
13%

42%
4%
2%
3%
14%

2

Gallaher Drug100

Cement

Preferred

Gibson Art.

*

Gilchrist Co

*
'

Gillette

Saf Razor.*

$5 conv pref
Gilmer (L H)

28

42

Bros

4%
6%
48%
5%
7%
54%

26%
5%

$6 preferred
*
Harvester.*

Gleaner

43

7

*
*

4 % % conv pref 50

6

75

2%

*
*

8%

10

*

99%
2%

102

23

$5 preferred

11

12

*
*

17

37%
4%
17%

63%

64

Rubber com
*
$5 conv pref
*
Goodyear T & R of
Canada

*

Preferred-.

50

86

1

6% conv pref..25
Garlock Packing
__

3

Gaylord Container. 5
5% conv pref. _50
Gen Accept'ce Corp
5

Conv preferred _20
Gen Alloys Co
*
Preferred
10
General Amer Oil of
Texas common
6
Preferred
10

103

16%
62%

106

16%

49

10%

52"

4%
11%

4%
12%

46

50

12%

15

21%
1%
3%

1%
1%

6%
3%
1%
112%

2%
17%

2%
18

9%

6%
10%
9%

8%

8%

5

8%

18*

25

108

163

*

9%

1

%

10%

88

55^
89^

6% preferred.. 100
Hershey Creamery. *
Preferred
100
Hershey Chocolate. *

132

133%

50
14
_

$4 conv pref
Hewitt Rubber

19

100

Hevden < 'hemical. 10

105

61%
114

11%
72

7%

8%

39%

12

13

36

Hinde & Dauch

12%

13

3%
1

"6%

$1%

3%
1%
%
7%

conv

*

%
13%
32%
23%
3%

Granite City Steel.*
Grant (W T) com_10
5% preferred
20
Graton & Knight.

Tea

112%
136%

7% preferred.-.21
*

5

55%

12

7

1%
6

32

13%
12%

Without par value,
f Name changed to Hayes Mfg.
t
Nominal,
r Canadian price.
(New stock,
x Ex-dividend.

Int Vitamin
Interstate

Corp.. 1
Eng

2%
7%
1%
28%

*

9

27

■i*
8%
2

30

9%

81%

.100

35

101%

Mills

-

7%

93

Ironer

w

13

16

*
10

Irving Air Chute
1
Irving (John) Shoe.l
Preferred

16%
%

w__25

*

Jewel

8%
17
5
1

8

7

Jackson (Byron) see "B"
Jacobs (F L) Co.-.1
2%
Jarvis (W B) Co—.1
15%
Jeannette Glass

8%

11%
8%
16%
3%

*

com

1 %
19

2%

"SB
20

Johansen Bros—•

Horn

Hard't(NY).*

93

Jersey

95

92

1%
4%
34%
110%
15%
%

%

.

_

Yot tr ctfs com 25
Vot tr ctfs 6 % pf25
-

..

2nd

preferred
(Harvey).5

Hubbeli

Hudson Mot Car..*
Humble Oil & Ref__*
Hummel-Ross

4%

5%
17

2%
8%

Common

5

6% preferred...20
Hupp Motor-1

Called Feb. 10 at $35 plus div.

a

5%
17%
3%
11

48
6

_

13%
5%
60%

Shoe common

5

I

1%
11%
%

_

14%
5%
61%

5%
_

1

2
*

7% preferred--100

93""

.

71%
124%
3%

&
Shinkle Shoe....

71%
126

4%

15

Johnson Tin Foil
& Metal
100

70

Naumb'g2%

2%

*2%

27%

29%

56

58

46%
14%

47%
16%

Jonas &

7% preferred-.100
Joslyn Mfg & Supp.
Joy Mfg
Julian & Kokenge..
Kahn's (E) Sons..
1st pref....
100

28

13%
101

Kalamazoo Stove &
Furnace com
10
Kanawha & Hocking

13 %

14

103

14%

Coal & Coke pf__4
Kane Carburetor..*

4

KCStk Yds Me_ 100

47

50

89

91

Preferred

Fibre

Hunter Steel com..*

5%
21

19

13

90%

Jones & Laughlin
Steel common. 100

Field

Material com.
1
$1.50 conv pref_20
Houston Oil (Tex)—

4%
8%
22%

Johnson-Stevens

17

Houston

33%

20

»

Johnson Oil Ref

28

Oil

4%
7%

Cereal
Tea

Johns-Man ville

6

35%
111

75

2%

1

10
Jenkins Bros..__.25

12

23

llH
rA
34%

34%
25%
98 %

Bakeries*

15

1st preferred.. 100

2

*

34%
2%

27

21

2%

%6

Silver
50
7 % preferred. .100
Int Text Book
*

13

26

25

12%
53%

81

75
34

Internat

32%

Howe Scale com...*

Warrants

4._
1%

100
Int Safety Razor B. *
Internat Salt
*

Hormel & Co com..*
Horn (A C) com
1
Prior preferred..5

12

3%
5%

17

Preferred

70

%

17%

Jefferson Electric..*
Jefferson Lake Oil%

Houdry Process.. 10

6

_

*

Intertype Corp

3%
43%

2050

12

53,
2%

*

89

Howard Aircraft-

%
5%

Prod
Internat Pulp
Preferred

Internat

Chemical com.100
Preferred
100
Horder's Inc com
*

32%
16%

1850

9

Petroleum

8

31%
16%
11%

1

1%
23%
9%

12% Jan. 24
35%
35%
135
132%

pref.-100

110

18

*

100

55

34%
12%

2%

1%

Equipment
1
Interstate Hosiery-

*

Griesedieck

1%
53%
169

22%

Power com.. 15

7 % preferred

*

8%

53%
163

Warrants

7

15

1

(Can)..*

7% cum pref..100
International
Paper

Internat

41

Ind
* k

conv

2

33

180%
22%

1

*

Metal

101

7%
,50

Group No. 1 Oil
Group No. 2 Oil

Int Mercan Mar

5%

4%
10

Interstate Home-

Class B

55

22

l

18%

Class A

140

9%
1%
32%
179%
40%

£1

28

Houdaille-Hershey—

27%

4%

82%
41%
110

Match

Realization.

Int Nickel

82%
41%
109%

Iron Fireman vtc__*

Greenf'ld T'p & Die*
$6 preferred--100
$1.50 preferred. _*

Gruen

Indus

International

3%
26%
115%

152

_•

7% preferred- -100

6

2%
26%
114

*

Ironrite

39%

2%

Int Harvester

.

8%
21%

18

Western
Brew 5%% pref 25

Publishing pref-

42"

37%

Greyhound Corp..*
5%% preferred-10

.

7%
20%
5%
%
5%
31%
12%

Hotel Statler com.*
Hotel Waldorf-Ast.l

137

Int'l Cellucotton. *
Int Cigar Mach
*
Internat Educational

54

22

2%
40%
27%

fnterlake Iron
*
Int. Agricultural..*

41

5% preferred.. 100

•

6% preferred--100
Intercont Rubber. _»

3

32%

10

Rayon. _*
Ingersoll Rand
•
6% preferred--100

V*

%
%

Class B
1
Indus Accep Corp—
Cum pref
100
Indus Brown Hoist—

*

_

_

4%

2%

1

Holt (H) & Co A..*
Hooker Electro

15
24

10%

%■

Oil non-vot A

Hobart Mfg A
*
Hoe (R) class A.. 10
Prior pref
..65

Holland Furnace.10
Holophane Co
*
Holly Sugar
l
7% Preferred. 100

47
24

27

Indiana Steel Prod.l
Indian Terr Ilium

22

97

Co A--* t

10

33

1%
14%
5%
5%

$3 pref
*
Indiana Pipe Line 10
Indian Refining. .10

25%
17%

pref. .100

Hollander(A)& Son

10

111%
135%

12

20

1

14%

21%

44

100

$1.80 prior pref--*
Gray Mfg Co
10

11

Interstate Dept St's*

10

Common

14%
9%

Motocycie..*

Preferred
10
Indiana Gas & Chem
Common
5

$5 preferred

Chem

preferred-_5

Hires (O E)
Class B

22%

Interstate Air &

Spencer

Common

$5

69

67

10c

25
Great West Sugar. _*
7% preferred ..100

38%

Hilton-Davis

City Pig

Non vot com
1st preferred.. 100
Great Lakes Dredge

6%

Bart & Co com.25
HIckock Oil cl A
1

2

15%

Grand Raps Vara.*
Grand Union—
Com div certifs
*

Ex-div certifs

10

2%
7%

Common

1%
16%
26%

24%

21

Internat Shoe

25

100

57

23%

*

Pneum

shares..*
Registered shs...*

Heywood-W akefield

Preferred

Am dep rets ord £1

Tool

Coupon

22

59%
111%
10%
70%

*

Common.

Brit & Irel'd

class A

*

Cement-

_

12%

Imperial Tobacco

Internat

110

155

Hercules Motors..
Powder

12%

12%

Internat

com.3

Helena Rub'stein..*
Class A

(G W)

11%

-

7% prior pref.100

29

10

Helme

*

of Canada com__5

-

Int Business Mach.*

Hecker Prod com..l
Heileman Brewing
Hein-Werner
Motor

26

Hosiery com
*
7% preferred--100

Watch
Preferred

1

6

33

Groc Store Prod.25c

19

3%

7% class A pref.25

Green (H L) Co.-.l

9%

69

"6%

5

52%

'

Great Nor Pap

pref

27

86

Dock com
*
Great Lakes Pap pf.

80

Hazeltine Corp
*
Hearns Dept Stores

Parts Corp

*

imperial Oil LtdRegistered shs
imperial Tobacco

Inland Steel
»
Interchemical Corp *

111

Hibbard

Graham-Paige Mot 1
Grand Nat Films. .1

Gt Atl & Pac

Hazel-Atlas Glass.25

Common

4%

Jan. 25
6
12
11 %

1st pref
Industrial

79

Preferred

Silk

common.

1%
6

9%

1

85

*

PrsfeiTed

Common

$7 preferred
*
fHayes Body.
V
Hayes Indus
1
Hayes Mfg
Haytian Corp __.__*

92
•

A_ *

$3 preferred

Granite
Iron

%
4%

Hatfield-Campbell
Prior preferred. 12
Partic pref
100
Hawley Pulp & Pap

22%
92%

22%

Gorham Mfg
10
Gorton-Pew Fish__*
Gossard (H W)
*
Gotham

7

Hiawatha Oil & Gas

Goodyear Tire &

com

2%
1%

36%
3%

*

Great Lakes SS

*

24%

1

50

3%
7%

96

Hercules

Class B

Preferred

1%
4%
7%

6

Hercules

2%

Sugar—

Good Humor Corp
Goodrich (B F)

1

95

Royalties

8

70

*

%
1%

Hendrick Ranch

116

Co—1

130

%a
1%

1

n-v

Hendey Mach

Preferred
Godchaux

5%
120

*

7% non-cumpflOO

Globe-Democrat

Gobel (Adolf)

7%
65

Hearst Consol Pub

5

6%
50%
6%
7%
56%
9%
7%
17%

9

5%
63

Diecasting
Haskelite Mfg
.5
Hat Corp class A__]
Class B

4%

10
£1 k

Independent

9%

8%

6% conv pref. .50

17%

*

*

Great Lakes Term
W'house (Ohio)-*




2%
11%

4%'

42

5

16

*

*4%

39

GIddings & Lewis. _2
(AO)
*

Gilbert

14%

A

21%

1%
10%
27%
25%
5%

*

14

Gar Wood Indust

27%
12%
15%

3%
3%

50

26%

6 % % pref w w 100

15%

100

21%

50

com

13%

*

i

30

105

Houston*

*
Gardner-Denver.--*
$3 conv pref
20
Garfinckel (J) & Co

n

6% cum pref A100
Genessee Brew A__]
Class B com
1

Co

$6 conv pref
Gannett Co Inc—

Class

95

&

Preferred

Common

6% preferred-.100
Gen Tire & Rub
6

Gorham Inc

Preferred
10
Franklin Process
Franklin Ry Sup..*

conv

12%
15%

1

Franklin Co Coal—

$6

26

Gen Time Instru—*

16%
91%

1%
19%

147

133

*

...

35

Indian

25%

*

com

10%
27%
2%

28""

27

100

Indus rets

of G-

Harvard Brewing.. 1
Harvill Aircraft

5

*

5%

Galveston
Gamewell

2

*
Equip. _*

Goebel Brewing

4%

Common

Gen Theat

Golconda Petrol

2%
%

common

28%
14%

1

17%

i

Foreign shs A
Foundation Co

Malt

Shoe..

Goldblatt Bros

Wheeler.-10

Francisco

Refractories..*

16

1%

Formica Insulation

of Canada

91

17%

100
HarnischfegerCorplO
Hart & Cooley
25

111

%
16%

Steel Casting-*

Preferred

15%
15%

Ford Motor France
Am dep rets
Foremost Dairies. _*

$7 conv pref
Foundation Co

*
A stk-_*

103

1

6% preferred.. 100
Harrlsburg Steel
5
Harris Seybold

Hartman Tob

27"

25

$5 preferred

9%

109

$6 preferred

Gen Ry Signal
*
6 % preferred- -100

5

Class A

Ford Motor Ltd—

Foster

85

pref.-100
Globe Wernicke
*

5

*

com

44

9

52

102

Chemical*
Harbison-Walker

26%
2%
31
110

Imperial Chemical

25%

55

2
10

5

42

10

27c

6% pref....100
Hydraulic Press Mfg
Common

%
11

9
9%
53

100

com

Ideal Cement
Illinois Brick

*
*

com

Brick

30%

50

Harshaw

20

84

*

5

%

% pref unstpdlOO
7 % pref stmpd 100
Hyde Park Brew. 10
Hydraulic Press

24

50

(James)

Potter

Publish

5

com--

Preferred

15

*

Class A

Preferred

17

96

100

7

6% conv pref. .25
Hygrade Fool Prod5
Hygrade Sylvan
*
6%s conv pref
*

7

12
50

7%

Huylers Inc., com._l

4%
40%

Hammond Instruml

Refractories

10 %

50

29

Harlow Aircraft

130%
52%
124%

4%
42%

Common

Glen Alden Coal
Glidden Co

55

&

Gear

*
Gen Optical pref --*
Gen Outdoor Adv't'g

Gimbel

17

New pref w i

Folmer Graflex

123

$5 preferred

Preferred

Preferred

52

Motors. .10

1IM

15%
104%

...

$5 cum pref

93

2%
12

5

$6 preferred
1 OP
Hammermill Pap. 10

Hanna (M A)

20

5

Mfg—

47%

103

91%
129%

preferred .100

5%

General

Gen

Flour Mills of Amer

Fobs Oil
*
Follansbee Bros—*
Preferred
100
Follansbee Steel-

100

*

5

Hanley

Giant Portland—
11

18%
65%

Flintkote Co com—

Mills

—

15%
16%
15%

118

18%

Machinery-4% % preferredlOO

Lamp com_
5
FtPrint'g 10

Hall (W

Preferred

47%
116

Gen

General

38"

110

*

$6 conv pref

19%
104%
44%

Fisk Rubber Corp

Mach

.

Gen

4%

First Nat Stores—*

„•

15%
15%
14%

Am dep rets reg

General

Telecommuni¬
1
Firestone Tire & Rub
Common
10
cations com

com

37%

100

Preferred

Cl A pref part--10
Hamilton Watch. _*

Ltd—

Gen Fire

Gen Rayon

%>

1%
36%

2%
1%
10%
5%
17%
16%

& Alabaster Ltd. •

Hamilton

6

6% preferred—100

Finch

Foote Burt

Elec

117

General Print Ink- -1

50

_

6% preferred--100
FitzSlmons &Connell

115%
5%
5%

7% preferred--100

£1
Exting___*
Gen Fireproofing. *
7% preferred--100
Gen Foods Corp—*

21

Finance Co of Pa 100

Bros

Haloid Co..

4

L
4%
1%
21%
87 %

5th Ave Coach—25

Foote

10%
18%

10

8

Fidello Brewery—-1

conv

Hall

18

General

34%

F G Trading Corp—
Preferred
1
Flat Am dep rets—.

4%s

50

10%

Gen Development 20
General Electric—*

1

Preferred

48

2%

8

4% % preferred 100
Federated Publica's*
Ferro Enamel
1

com w

7% preferred--100
Gen Candy A
5

13

21

Federated Dept Sts *

New

Hajoca Corp..----*

Gen Crude Oil..2%

6%

Fed Screw Works. _1

D & D

3%
9%
19%

Class A

8

Federal Motor Tr__*

ser

2%
9%
18%

24

1%
35%

25

Preferred

Huttig Sash&Door 5
Preferred

18

1

Gypsum Lime

2

Federal Match units

6% pref

Gulfboard Oil

1.30

12%

25

Fllene's(Wm) Sons

7%
144

2%

Ask

48

Hussmann-Ligonier *
15%
2%

15

Engineering com 1
Sng__*
8% preferred--106

Guantanamo

1.20

$4.50 preferred-

com

§2*
79

Gulf Oil Corp

24

Machine

Welder

142

Bid

Per share

Grumman Aircraft
52

75%
7%

Par

Per share

6%

24%

2H

Stocks

Ask

Bid

Par

6%

24

Compress

& Wareh ouse

General American
Transportation. .5
GenAniline&FilmA *
General Baking—5
58 1st pref
*
Gen Bottlers com.l
General Box Corp.l
General Bronze
5
General Cable
*

23

Fanny F'mer Cand-*
Fansteel Metallurg *
Farnsworth Telev &
Radio
1
Fashion Park com.*
Preferred
*
Fedders Mfg
5
Federal Bake Shops*
Preferred
30

Federal

39%

Stocks

Gen Cigar common *

5

Famous Players
Can Corp com_.l

Federal

4

Ask

Per share

Per share

Fair (The)

STOCKS

MISCELLANEOUS

&

Quotations for all securities are as near as

Katz Drug com
Kaufman Dept
Common

1%

100

1
St's

6%

6%

1

13%

13%
98%

5% conv pref.100

Called Feb. 23 at $110.

"2%

k Last sale,

93

e

Ex-payment,

INDUSTRIAL

FEB., 1940]

Stocks

Par

Kaynee

Bid

10

Preferred

Ut

22

7% preferred--100

24

Colorfilm

20

1
Kellogg Co
*
Kellogg Switch ft S _*
6% conv pref.100
Kelly Springfield

%
21%

8

7%

Class

1

24%
44%

Long Bell Lum A--*

20

19

10%

Kendall

preferred—100
Longwest Corp
*

3%
9%
49%

5%
17%

18%

4

Kerlyn Oil cl A
5
Key Co common--*
Keyes Fibre com__*
Class A

*

7

1%
4%

3%
37

47

*

13%

13%

16 2-3

i

42 %

44

34%

35%

Kimberly-Clark

King Oil

112

Kinner Motors.

1

Kinney (G R) Inc.-l
$5 prior pref
»
KIrby Lumber--100
Kir by Petrol
1
Kirkham Engine &
Mfg Corp
1
Klein (D E) Co
*
_

*

Knott Corp
Kobacker Stores

%

100
1

*

4%
12%

5%
13%

10

5h»

8%
33

34

7%

6%
6%
65

20

Co

89%

3%
47%

5iv>

25

25%
28%
12%
5%

28
.

5%

12

2%

AM

Mandel
29

28%

Bros Inc.-*

Mangel Stores
$5 conv pref

125

6%
5%

.1

35

"4"

Lambert Co

*

15%

Lanatin

1

4%

Clark
25
Landis Machine..25

J~%
80

Inc
7% preferred...
Lane Wells Co

*

-

1

13%
5%
15

10%

15

7%
4%

_.

Lanova Corp
1
Lanston Monotype
Machine Co:.. 100
La Salle Ext Univ.-5
Lautaro Nitrate A.l

32

17

rv»ment

100

15

*

*
Preferred
.*
Lebanon Steel & Ir.l
Lee Rub & Tire -.5
Lefcourt RIty Corp 1
Conv pref
*
Leh Coal & Nav
*
Leh Portl Cement.25

4% conv pref.100
Lehigh Valle/ Coal *
6% cum conv pf 50
Lehigh & WilkesBar re Corp
♦
Lebn & Fink Prod.5
Leland Electric
*

Lemp (Wm J) Brewo
Leonard Oil Devel 25
Lerner
w

Stores._

Lessings

com

LIg & Myers Tob.25
Common

B

.25

7% preferred.. 100
Lily Tulip Cup..-.*
Lima Locom Wk» ♦
Lincoln Bldg v t c
Lincoln Mtge
1
Lincoln Printing
*
$3.50 preferred--*
Lincoln Service.. 100

preferred .50

Lindsay Lt&Ohem 10
Preferred
Line Material

Link-Belt Go
Lionel

Corp

10
5

1

Oil Co

27

29

13

13%
12%
3%
%6

10%
3

We
26%

*
•

Lion Oil

*

No

Refg

par

sf
4h
3%
6%
41%
106%
107%
174%

4%
6%
42%
107%
108%

IVA
3%
4

2%
25

value,

%

25%
3%
4%
2%
26%

8

99%
36

McWilllams Dredge*
Mead Corp com
*
$6 preferred ser\*
$5.50 pf ser B w w *

7%
10%
60%
54%
153

Preferred
10
Melville Shoe new.l

10%
29%
119%

Transpor tation
*
Merchants Refrig..*

9%
37%

Preferred

-

100

r

40%

2%
2%
42%

51%
168%
2%

8

10%
67
58
154

^

Nat Tea

Machinery..100

Conv preferred..*

Motor Improvem't 1
Motor Products
*
Mot Wheel Corp..5
Mountain Prod
10
Moxie Co class A
*
New preferred
*
Mueller Brass Co._l
Mullins Mfg Corp—

21

4%

5

4

7

8

3%
4%

3%

5

5

5%

60

68

27

27%
53%

51%
65%
10%

_*

10

National Tool

1

Nat Transit

12.50

183

43%

1

«*
*

Nazareth Cement-10
100

Nebel (Oscar) pref.*
Nehi Corp com
*
Neisner Bros

1

4 % % conv pfd 100
Nelson

(Herman)__5

52

8%
39%
12%
41

3%
5%
1%
9%

AM
9%
12
5
90

1%
65%
23%
84

5%

Neptune Meter A..*

6

8% preferred-.100

83

Nestle-Le Mur cl A *

1

Newberry (J J) Co.*
5% preferred-.100

107%

Bedford

40%

Cord¬

5

8

100
New Britain Mach. *
New England Lime

114

age

common

Preferred

"%

units

45"

New Idea

*

New Hav Cl com..*
*

com

New Mexico ft

Arizona

Land

Newport Indus
New Process Co

33%
10%
6

12%

/

*

-1
*

1%
11%
29

90

N Y Auction

*

3%
26%

N Y Air Brake

♦

43

25

N Y Dock

*

92

96

87
3

1%

16

5%

2%
11%
16%
5%
2

%

24%

%
25%

*

Clas A

II"

3%
5%
7%
13%
12%
92%
5%
30%

com

*

30%

Class B

com.

$5

non-cum

pf—*

N Y Merchandise. 10
N Y Shipbuilding.-1

Founders shares. 1

7% pref
N

Y Transit
Nicholson File
1900 Corp—

100
5

4

1

9

32

Niles-Bement-Pond *

63

10%

10%
16%

N oblitt-Sparks

27%
4%
24%
3%

VarnishlOO

Preferred

100

*

5% preferred. .100

Preferred

Co

4%

3

3%
35

68%
109

5%

69
110

5%

5

Noma Elec Corp
1
North Amer Avia._l
North Amer Car.-20
North Amer Cement

Common

1

1

Class A pref

1

4

Class B pref
1
No Am Refractories

6

9%

10

15%
8%

17

*
100

79%

81

North Central

21

22%
2%

No

Muskegon Motor
Spec cl A
*
Mutual System
1
8% conv pref-.25

t New stock.

16
2

"C" units

Murphy

Muskogee

52

43"

3%
18%

30

conv

15%

45

22%
3%

42

1

$7

12

4

3

pref
*
Muns ngwear Inc..*
Munson SS pref A_*

Class B

14

2

common.

Preferred

91

11

15%

(Pa)-_l0

5%% pr pref--100
10-year $2 pref. 40
6% prior pref.100

New

140

Murray Corp
10
Murray-Ohio Mfg.*
Muskegon Piston
Ring com
2.50

Canadian price,

Nat Supply

30

44%

90

24

91

31

134

Murphy (G C)

30%
120%
5%

22

10

9

Nominal,

2%
1%

Ward *

Mortbon Corp A._l
Motor Finance com.
^

*

7 % preferred. -100

108

10%
12%

n

Nat Sugar Refg

Preferred

20%

14%

Del__*
$6 preferred
100
Nat Standard
10
Nat Steel Car Ltd.*
Nat Steel Corp
25

AH

26%
1%

117%
121%
51%
169%
2%

ft

2
10

Nat Union Radio

114

.ft Co Ltd

com

Radiator

Natomas Co
Navarro Oil

8

106

A

50

30

6%
25%

,.5% conv pf A.100
Morse Twist Drill

2%

38

7

Pressure

26

1

'

6

101

96

i?H

8%
97%

8

65

com

20%
17%

15%

3%

3%
18%
8%

100

prefer ed.100

Lock Washer.20

Nat Shirt Sh

10%
111

121

('(ass

105

11

146

Cooker

11%

8%

McQuay NorrisMfg*

5% preferred
Mengel Co
I
5% conv 1st pf.50
Mercantile Proper_5

30c

11

*

$4.50 pf ser A

51"

Merchants & Miners

kLast sale,




pref.100

20c

pref.. 10
Monroe Chemical-_*
Preferred
*
Monsanto Chem__10

"5% Montgomery

15

19%
172

National Supply—

Cum pref ser B__*

109%
23%
7%

12%
10%
94

100

5% preferred

4%

53

18

.

4%

4%

Morrell(John) & Co*
Morris (Philip)

$3 conv pref
*
McLellan Sts com.l
conv

3%

27

10%
3%

6%

1

5

common

part pref._
28%
*
Moore Corp com..* r
44%
Preferred A
100 r 180
Preferred B...100 r, 265
Moore (Tom) Dist.l
*AA
Moore Drop For A-*
60

10
McKesson-Robb'ns 5

Mercantile Stores..*
lYeferred
100

46

9%
12%

Pub.*

Plate com

8%
20%

Moody's Invest Serv

Mead Johnson com *

175
20

19%
4%
9%
9%
36%

McGraw-Hill

Valley

19

104%
23%
7%

*

Nat Refining com..*
Nat Rub Mach
*

3

Midwest

9

14

11%

100

Nat Licorice

Monolith Portland

13%

6%

6%
24

1

Gas

Nat

10

45

McKeesport Tin

Electric. _1

5%
23%
12%

6% pref B

4

1

29%

5%
2%
14%

Class B

Nat Fuel

Natl Gypsum com.l
$4.50 conv pref._*
National
Lead
10

10

7

Monticello Tobac.-l
Monumental Radio 1

96

20

39

25

14%

r

McCrory Stores
1
Conv 6% pref.100

11%
3.85

25
Barge

47

Preferred
100
McCord Rad cl A--*
Class B
*

80%
6%
1%

l

24%
2%

25

r

McGraw

3%
36%
9%
7%
19%

17

*

27

33%
1%
48%

10

Lion Match

*

2%
22%
112%
1%
3%

6

Lib McNeil & Lib.7 t
Life Savers Corp .5

Prior

7*

2%
21%
110%

Class A

National

29

May Dept Stores. 10
Maytag Co
*
1st $6 pref
*
$3 cum pf w w ._*
McCahan Sugar
Refining pref. .100
McCall Corp
*
McColl-Frontenac

110

5%

Nat Paper & Type—
Common
1

49

166%
50%
3%
99%

114

109%

50%
110%
59%

24%
1%

*

Nat Enam ft Stpg_*

11

111

49%
109%
59%

45

7 % preferred- -100

o*

79

100

Math'son Alkali

32%

Inc

Preferred

3%

"4%

10

1
Le Tourneau (R G) 1
Ley (Fred T) & Co.*
Libbey-Owens-Ford *
Liberty Baking
*

Preferred
100
Electric
1
Master Tire & Rub*
Preferred
._*

Master

7

*

102

53

Monogram Pictures 1

37%

17

7% pref class A100
7% pref class B100
*
6% preferred...10

Nat Dept Stores

5 % % preferred. _ *
Nat Oil Products-.4

28

8%
36%

1

11%

Monarch Mach T'l *

106

4%

Nat Cylinder Gas

35

3

45

1.00

11%
16%

_

10%

Mohawk Rubber._ *
Moloney Electric A*

37%

*
5% A conv pf.100
Massey-Harris
*

15%
10.00

10%
10%
16%

Mfg.

30

Voehringer.Co2.50

42

Masonite Corp.:

9.20

(Del)l

Nat Chem ft

22

Preferred
100
Modine Mfg com..*
Mohawk Carpet-.20

37

1%

3

3%

43%
12%

15%

Steel Castings
*
Nat Mfrs &Stores._*

17" Molybdenum Corp

!M

*
1

20

5

Marshall Wells pref.

25%

100

4%% pref

Le Roi Co

*

100
Marlin Rockwell-_1
Marshall Field ft Co

Nat. Cash Reg

15

45

2

Preferred

20"

99

Nation'1 Malleable ft

15"

*

•

16

*

4

29

100
Shov

95

*

$7

Preferred

2

4%
7%
1%
44%

1%

12%
9%
115

com

Nat Casket

6%

Class B
1
Mo Portl Gement.25
Mock Judson—

8

30%

9%
111

Nat

A common
B common--

1%
9%

Martin (Glen L)
1
Martin Parry Corp *

36

5%

Leath & Co com

Marion St

18%
106%
1%
7%

Mississippi Glass—

15

9

Lawrence Portland
Lea Fabrics

Preferred

preferred-.100
2d preferred—100

4

Miss

5%

,

MH
80c

27
r
r

Margay Oil Corp..*

Jan

9%

1%
8%

Maracaibo Oil Exp. 1
Marathon Paper. .25

Langendorf United
Bakeries class A.*
Class B
*

_

100

30

28

Lane

Bryant

Mapes Cons Mfg__*
Maple Leaf Mill.
*
Preferred

14

1st

3%

Line

Lakey Fdy ft Mach 1

16

3.75

Pipe Line A
*

12%

7% pref A

Mission Oil

1%
38%

%
24%
170

29%

116

Missouri Kansas

Manufac's Trading 1
Preferred
10

Corp
Landers. Frary &

7^

*

24

128

3%

Manning Bowman

23%

7%
10%

Minneapolls-Moline
Power Implem 1
$6.50 cum pref..*
Mission Corp
10
Mission Dry Corp.l

16

*
100

Lake of the Woods

*

Aluminum Fdy..*
National Candy—*

Nat Breweries

8% preferred...50
Milton Bradley pflOO
Minn
Brewing
1
Minneap-Honeywell
Regulator
*
4% pref se- B.100

13

Mansfield Tire &
Rubber com

165

Miller (I) Sons com 5

112

48

18%
105%
1%

Midwest Refin
1
Miller & Hart—
Conv preferred..*

11

14%

10

30

We
24%

Nat Food Products

Minn Min & Mfg__*

10

1

Nat Dist Prod

Supply common.*

3

(B). *

Shirt.25

Manischewitz

ft Co common..

18%

6%
1%

Bellas-Hess

Nat Biscuit

Midwest Piping &

"7"

100

Manhattan

122%
6

10

3%
%

Corp—

Mid-West Abras.SOc
Midwest Oil_.
10

13

Option warrants-.

39
105

14%

8% 1st pref...100
$2 n-c div shares. *
Midvale Co.
__*

29%
12%

Manati Sugar com 1

Oil

3%

1

c

7%

38%

Nat Dairy Prod—*

26%
34%
140

28%
12%

%
1%

3%

6

24

1

3%
14

t

11

l66"

Nat Container
4

v

7%
10%

__*

Preferred

34

60

.

5^

5%

Majestic

Major MarketingMallory (PR)

1%
7%

3 3r%
115

17

4

8^

*

24%

Radio &
Television com__l

3%

1

com

14%
4%

National Bronze &

Products com.*

24%

Mahoning Invest 100

*
10

$2 conv pref
Midland Steel

104

1

com

15c

"2%

21

*

1%
6%
%

Airlines

Class B

x

_

%
.

Mid-Con t Petrol. .10
Middle States Pet—
Class A vtc
1

1%

15

MacWhyte Co—
8 % preferred -100
Macy (R H) Co Inc *
Mad Sq Garden._.*
Magazine Repeater

44

1

Preferred

Products

13

____

Preferred

86

12

MacMillan

Razor

12

5

Laclede Steel

Lago Petroleum

25%

134H

5c

1

______

6%
13%
3%

Nat Bearing Metals*
Preferred
100

7% preferred--100

14

1

Sugar

Preferred

21%

1%

5

Mickelberry's Food

100

Pub—*

Preferred

Preferred

Milling.

Michigan

24%
158%
1%

Midland
19

6% conv pref. .10
Battery—

Nat

101

Mich Gas & Oil
1
Mich Steel Cast
Mich Steel Tube.2%

Lunkenheimer Co—
-

J*

130

100

Mich Bumper
Mich Chemical

17%

10

National Automotive

120

Meyer Blanke Co..*

6%

*

2%
41%
112

10

109

_

51

boh

National

50

4%

Common.

National Airlines.

%#

Preferred

5

Nash-Kelvinator

29%

4%

4

Luscombe

-

Fibres common.-l

29

Metrop Playhouse.*

50

Lukens Steel

4
Jan

Mexico-Ohio Oil—.*
Mexican Petrol..,_1

3%

Midcontin't

Mack Trucks Inc..* f

*

_

45

3

Bid
Per share

Mvers (FE)& Bros.*
Myles Standish vtc*
Nachman Springf. *

.1

Par tic pref'ence.15

20

pref

n-c

Macfadden

2%

2%

i

7% preferred.. 100
Koppers Co 6%pfl00
Kresge Dept Stores 1
4% preferred--100
Kresge (S S) Co.-10
Kress (S B)
»
Special pref
10
Kreuger (G) Brew.l
Kroger Grocery ft
Baking common.*
1st preferred-. 100

•

50

*

_

Preferred

_

1%
11%

Par

Nast (Conde) see O
Nat Acme Co
1

3%

Metal & Thermit..*
Preferred
..100

108%
24%

6%% conv pf_100

60

•154
1%
2%
29%

Kleinert Rubber. .10

.

158

6%% pref
100
Airpl_50c
Lynch Corp
5
MacAnd & Forbes 10
6% preferred--100
Macfadden Newsp.*

10K

_

2d preferred

7% preferred--100
Loudon Packing—*
Louisiana Ice & El.l

14%

63

5
Metal Textile Corp
Common
25c

110

24%

*

com

Mesabi Iron
Mesta Machine

102

1st

1%
1%
2%
29%

1

King Seeley corn. 1
Kingston Products. 1

Kysor Heater
Laclede-Christy
Clay Products

preferred.-100

2nd preferred-.100
Loriliard (P)
10

5%

"in

7%

1

Kingsbury Brew

Knapp-Monarch

1?*
107 %
160

Ludlow Valve com.*

*
100

Preferred

Bis.-25

5% preferred--100
Lord & Taylor-.100

Loose Wiles

Scott

Louisiana Oil Refg.*

Keystone Steel &
Wire common
Keystone Watch
Case

3%

2%
....

*

Preferred--

A%

36

33

*

Common

$5

6

Ken-Rad Tube &

Lamp A
♦
Kensico Cem Assn__

107

11%
6%

6

Refining-10
Kennedys Inc
5
$1.25 conv pref--*

B_

13

pref--*

16

13%
54%

6%% pref A100

*
Lone Star Cement-*

Kelsey-Hayes Wheel
1

28%
26%
13%
30%

Loft Inc

i%

Conv class A

nVA

30%
5%
35%

cum

14

50

36

Lockheed Air Craft .1
Locomotive Firebox*

$6.50

Merrlmac Hat—...*
Preferred

49%

Merritt, Chapman &

Locke Steel Chain.5

Stocks

Ask

116

Lino.*

27%
26%

Loew'slnc. com—1

100

5

common

1%
22%

Mergentb'ler

35

* r

Class B

Kellett Autogiro

47%

1

_

\lH
4%

*
100

Brothers

Preferred

com.

6% preferred.-100

17

preferred—25

Loblaw Groc Ltd A* r

Keller Dorian

Tire

6%

10%
17%

Liquid Carbonic—*
LIquidometer Corp 1

105

94%

Bid

Par

Per share.

Merck & Co

Upton (Thomas J)—
Class A
—1

14"

13%

Kayser (Jul) & Co_5
Keith-Albee-Orph—
7% conv pre' 100
Keith (Geo E) Co—

Stocks

Per share

90

100

for the closing day of the month preceding the date of issue

Ask

Bid

Par

Stocks

Ask

Per share
5
6

89

MISCELLANEOUS STOCKS

&

Quotations for all securities are as near as possible

Class

9%

A—

*

Class

B

*

6%% preferredlOO
Texas Oil

2%
22%

5

European Oil._l

North German Lloyd
Amer shares

3%

22*
2%

3

We Nov 24
%

90

INDUSTRIAL

MISCELLANEOUS

&

STOCKS

Quotation® for all securities are as near as possible for the closing day of the month preceding the date of issue

Stocks

Bid

Bid

Stocks

Ask

North & Judd
26
Nor Paper Mills..10

31%
7%

8

1

Derivatives.*

5%
2%
14%

Petrol

He^t A Pr__*

Pettibone Mulliken *

17

5

1

Warrants

2

Northwest Airlines.*
N'west Engine
*
N'west Yeast
100
NorwalkTireA Rub*

50

Pharis Tire A Rub.l

Pfeiffer Brewing— »

51

4

Phelps-Dodge
25
Daily News. 10

I®
6

Phila Dairy Prod--*
$4 preferred
*

$6 preferred
Phila

2%
13%
31%

,1*
r

31%

r

161%

21%

22

Machine Corp
Ohio Leather
Ohio Match

*

23

24

*

16

18

Ohio Oil

*

*

6% preferred--100
Ohio Rubber
*
Ohio Seamless Tube*

10%
6%
102%

1
100

6% preferred..100
Oldetymc Distillers 1
Oliver Farm Equip.*
Omar Inc

11%
7
103

110

Pierce Butler Rad.5

130
12

10.

Pierce Governor
Pierce Oil Corp—

21%

...

"1%

1

8%

90

Pillsb Flour Mills.. *

1%
19%
8%

Pines Winterfront.l
Piper Aircraft

1%
19
8

30

IF

12

13

Conv preferred..*
0'8ullivan Rubber, 1

29

31

Oswego Falls comlOO

12 %

13%
17%

6% preferred.. 100
Otis Steel

17%

5

8%

17%
141%

*

10

34

Manufacturing..5

27

*

com

7% preferred..100
Owens-Ill Glass. 12%
Oxford Paper com.*
$6 preferred A

5%
10%

Pitts Coke A Iron.

$5

114%
*62%
5%

*

35

Pacific Can

11%

Pan-Am

er

15%
7

3f*
U*

Polaroid Corp
Pollak Mfg

Preferred
Pelham Hall

.*
v

t c

...

Pender(D)Groc'y A*
Class B

Penick & Ford

7%

Common

v t c

*

conv pref
*
Penna Industries—
Units

Pennzoil

B

18

Class A
*
Class B
*
Potash Co of Am_-5

16%

Potrero Sugar com.5
Preferred
5
Pref stamped
5

Potter Co com
1
Powdrell A Alexan.5

24

8

7®

72
10

9%
10%

11

iF

J.*

29

33

26

26%
17%

15%
%e
%
%

40"

38

9%

a*
%
26%
%
%
%

27%
%
%
1%
1%
%
4%

4

11%
2%

1

100

conv

Preferred

Riegel Paper
Riley Stoker

Timber

5%
4%

3%

Robertson (H H)__*
Robertson Pap Box .5

17%
6%

5%

.

100

23

*

1

16
14

21%

Root Petrol Co

.

11%
3%

Radio Corp of Am. *
$5 pref B
*

14%

$3.50

conv

1st pf *

Radio-Keith-Orph. •
New

18

26%

27

9

10

8%

8%
77%
87%
15%

62%
1%

prefer-ed
Ralston Steel Car. 10

preferred
.100
Randan Corp pt A.*

&

174%
2%

Class
Rath

15c

$3

21"
277

27%

*

Packing

10

Raybestos-Manhat *
Raymond Concrete
Pile common
*

1%

36

B

Rapid Electrotype.*

conv

pref

Rayonier Inc com. 1
$2 cum pref
25
Raytheon Mfg..50c
6% preferred
5
_

6%

4%

3%
7%
52%

7
46

19%

11
37

17%
28%
1%

6

k Last sale,

22

100

com

Preferred

St L Rocky Mt A
Pacific Co. .100
Preferred
100

n

Nominal,

r

Canadian price

Pub preferred
Simmons Co

14

19%
21%

*
*

Simmons Hdw A Pt

1%
2%

*

70c
30

22

Simplicity Pattern .1
Singer Mfg
100
Singer Mfg Ltd.
£1

149

5%
18%

Sioux City Stock
Yards com
20
Preferred
20
Sirian Lamp com..*
Preferred

6

1%
2

_.

10
20

""%

*

15

iF

Sivyer Steel Cast
*
Skelly Oil
15
6% cum pref. .100
Skinner Organ
5

15

Sloss-Sheff S A 1.100

104

3

$6 preferred
.100
Smith (A O) Corp. 10

109

25

.

-

19%
103
'

_

15

2

2%
8

Typewriter vtc--*
Smyth Mfg
25
Snider Packir g
*
Socony Vacuum. .15

25

18*
60
21%
11%
3

1

Conv A pref

7%
1%

Mfg

*
1
5

30

1
1

1%
11%
4%

57

Sonotone Corp

18%

21

23

Soss Mfg common.1
South Bend Lathe
Works
5

13%

14

44

45
2

1%
1%

Conv preferred
4

1%

.

.

22%
2%

South Coast Corp-.l
Preferred
100

30

South Penn Oil
25
So Porto Rico Sug_*

41%

23%
148

8% preferred..100
57

47%
105

r
r

113%
114%
4%

%>

Smith A Corona

10

18%
3%

59%
47%
106%
114%
114%
5

South Shore Oil A

Development.. 100

%

S'eastern Greyhound
Lines common...5

14%

6%

conv

20

pref. .20

Southern Advance

18

19

28

30

Southern Groc com*
Preferred.
*

77"

80"

21

Bag A Paper $2 pf
6% pref

South'n Pipe Line 10

72
14

18

5%
6%

Southern Phosph.10
Sou Webbing Mills.
Southland Royal..5

3

8

.

19%

5%

South West Penna

4

Preferred

100

6

95

_*

27

St Regis Pap com. .5
Preferred
100
Salt Dome Oil
1
1

Sanborn Map
25
Sangamo Electric. _*
Sanitary Co of Am
b% preferred .100
San-Nap-Pak com.l
Preferred
8%

Units

2%
71%
6%
%
109

"3"
73

7%
1%
113

26%

27%

35

42

4%
8%

5

10

95

x

29

*

Simmons-Boardman

Sonoco Products

15

t New stock,

17

45%

com

Savage Arms

10%

*

Common

4%
%
1%

St Louis Screw—

Stock Yards

117

*

100
*

_

100 r

55

.

$2 conv pref
50
St Lawrence Flour

.

Co 7% pref... 100

114

A

Mills

.

92%
112%
12%

Shuron Optical
*
Signode Steel Strap'g

44%

Ltg (Del)
50
Safeway Stores
*
5% preferred. .100
6% preferred.. 100
7 % preferred
100
St Lawrence Corp.*

24

25

Preferred

*

22%

Ex-dividend

23"

23%

Pipe Lines
10
Spalding (AG)ABr.l
1st preferred
*
Sparks-With'gt' ._.*
Spear A Co
.1

2%
12%
2

5%
65

$5.60 preferred..*

Spencer Kellogg
*
Spencer Shoe
*
Sperry Corp v t c..l
Spicer Mfg Co
*
$3 conv pref A...»
Spiegel Inc com
2
$4.50 conv pref..*
Springfield Ice A F.5
Square DOo
1
Squibb (E R) A Son*
$6 preferred
*

13%
"a

4%
51%
7

106%

Sherw-Williams -.25
5% pfser AAA 100
Sher-Wms Can.
* r

Solar

$2.50conv pref..*
Ryan Cons Petrol.*
Ryerson A Haynes.l
Safety Car Heat

.

Hoist

r<i

38

11

*

Solar Aircraft

Royal Typewriter.*
7 % preferred. .100

Samson United

•20

10%
34%
17

1%
23

St Paul Union

19"

3%

27%
1%
%

1

common

A Bolt

44

55
18

i*

2%

100%
63%
1%
3%

42

7

St L Nat Stk Y

6

75

1

conv

Ruberoid Co
*
Russeks 5th Ave .2 %
Russell Mfg
__5u
Rustless Ir A Steel .1

12%
18%

3

common

New

30

1%
10%
1%
2%

of N Y ord shares

114

IF

7%
1%
1%

Royal Dutch Co

Bakeries
*
15%
7
Pyle National Co. 5
6%
15
Pyrene Mfg
6% J an
10 k
124
119
Quaker Oats
*
152
6% preferred ..100
149%
15
Quaker State Oil.. 10
15%
Rademaker Chem.l
1%
1%

I®

2

pfd_20
Rose 5 10A25c Store

$1.20

A

16

2%

1

pf.100

conv

Jan.

6%

$2.50 preferred.30

14

100

79

Purity

89%

Rockwood A Co

37

5% conv pref. .100
6 % preferred. 100

48"

2%
5%

18

7% 1st pref
100
Rochester Button. *

21

Preferred.
20
Pullman Inc
*
Punta Alegre Sugar *
Pure Oil Co
*

%
8%

4

Robinson(Dwight P)

35

12

40%
19%

5%%

5*'
57*

37%
30%

Shepard Niles Crane

Common

Rome

%

50

Simonds Saw A Steel

M

78

com..*

94*
sF

5%

Bobbins A Myers.
Preferred
25

Rogers Peet
Rollins Hosiery

5%

pref
Sharp A Dohme
*
$3.50conv pref..*
Shattuck (Frank G)*

"6%

%

12%

42

12%
52%
4%
%

conv

6%

*

12

38
114

$5

15%

*

A*

.__*

11%
11%

68%

1%

*

Common

5% preferred ..100

1

11

Simms Petroleum.10
Simon Brewery
1
Simon (Franklin) A

20*

Preferred
100
Ritter Dental Mfg.*
Riverside Cement—
Class A
<
B

12%

35

7%
1%
1%

Corp.*

Preferred

*

rp

Seton Leather
Sharon Steel Cp

SIlex Co

34

* r

2dpf_.50

Price Bros A Co

32

82

100
Co

1
Cable Corp.5
Roosevelt Field
5

pf„„5

1st preferred. .100

13%

Without par value,

2%
4%
108%

Dry Gds_*

100 r

conv 1st

Original pref. .100
Puget Sound Pulp A

120

5

3%

Roeser A Pendleton *

15

27

19

Rogers-Majestic A. *

14%

*

Rice Stix

9

24

5c

6%
52%
40%

__5s

49

4

172

11*

Rheem Mfg Co
1
Rhodesian Anglo. 10s
Rhodesian
Selection

47%
8%

28

7*
iV>

40

10

conv pref
*
Pressed Metals Am.l
Pressed Steel Car—

40

4%
3%

1

common

42

5%
5%

6

Shell Union Oil

41

Common

1%
4%

2*
7%
55%

Scrrick Corp cl B.. 1
Servel Inc.

51

39

90

88

10
50

50

Seiberling Rubber.*
5% preferred.. 100
Selby Shoe
»
Sentry Safety Con.i

88

Prentice

101

11

5% % cum pf__100
Reynolds Metals..*
5%% conv pf_100
Reynolds Spring... 1
Reynolds Tob
10

38

*

Preferred

"4%

1

80%

22%

Hall

39

18%
1%

*

ware com

77

cum

21%

6

10

Seeman Bros

pref.. 100

7%

Class

%

83

Segal Lock A Hard¬

90

19%

11*
8^.

Seaboard Oil (Del).*
Seagrave Corp
*
Sears, Roebuck
*

Shawnee Pottery.. 1
Sheaffer (W A) Pen*
Shell Transp A Tr £2

W orks common .10

11%
10%
18%
%

'

12%

49%
1%
3%
5%
25

,

+

26

Richman Radiator. 1
Richmond Cedar

101

.100

Steel

72

Warrants

53

3%% pref

68%
11%

Richfield Oil

J8*

14

~6%

4%
9%

6%
90%

1st preferred. .100
preferred. .100

2d

23

1st pref

49

o7J

26

*32

ordinary.

1%

*

.10

B

1%
%

_*

Warrants

IF

4

w

Class A

101%

*

Scullin

20c

6*

25

%

12*
14*

9%
46%
112%
107%
28%
26%

»
.

35

%

Scruggs-VanderBarney com ...5

%
12%
%
7%
24%

warrants

5c

_

$4 preferred
Scovill Mfg

5%
17%

rights

Prairie Oil A Gas_25
Pratt A Lambert
*

%
30

15




2!*

Prosperity Co B
*
Publication Corp..*

35
268

B

Bond

13%

100

25%
5%

99

Rem'tn Rand com.l

Republic Air Prods.
Republic Aviation. 1
A preferred
Republic Steel
*
6% conv pref. 100
6% prior pf A. 100
Revere Cop A Br. .5

7%
5%

m*4

Co com..*

$1.50 conv pref.25
Remington Arms..*

Preferred

113

26

2

49

7%

112%
%
4%

107

100

Preferred

Scott Paper
$4.50 oreferred

101%
6%

Mfg Co. 10

Preferred

w_.25
Reo Motor Car
5

10%
1%

lc

Reliance

25

230

Peoples Drug Stores*
Pepsi-Cola
*

*

1

2

Perfect Circle
Permutit Co

8%
2%

68

Penn Traffic
2%
Penn Vy Crude Oil—
Class A
6

Class
Units

8%

«§*
26%
8* •hF

225

25

Penn-Mex Fuel
1
Penn Rivet Corp__l
Penn Salt Mfg..-50

iF

*

conv

.*7

3

10%

8% preferred-.100
5% preferred-.100
Producers Corp. _25c

9%
1%
10%

*

.

18

55%
89%

pref A. _*
Penn Electric Switch
Class A
io
Penn Glass Sand—

Preferred
100
Reliance El A Eng 5

17

*

Penn Coal A Coke 10
Pa-Dixie Cement- _*

Reliable Stores

5

Process Corp com
Proc A Gamble

14

.

2%

21

*

Penney (JC) Com.*
Penn-Central Airlines Corp
1

1%

9%
43%
12%
21%

Peerless

Weighing A
Vending com
1

Reis (Robtj A Co__*
7% 1st pref—.100
Reiter-Foster Oil. %

4%

Porterfield Aircraftl
Porto-Ric-Am Tob—

7%

5

6% preferred.. 100
Peck, Stow A WilclO
Peerless Cement
*

1
*

Poor A Co class B__*
Class A
*

""%

3%
83%
8%
43%
11%

1

Peabody Coal B

57

75

Schulte Retail Sts.l
8% preferred..100
Schwitzer-Cumm
1

Scranton Lace

24%
5%

12X4

£&% Pref.... 100

.

25

2d pref

A

connii on

Preferred

Richardson

4%

Reel

5%
39%
4%

83

Porterfield Aviation.

American shares._
Pantex Pressing
Machine common *
Preferred
*
Paraffine Co Inc..*

Parmelee Trans
*
Pathe Film Corp.. 1
7% preferred
*
Pathe Laboratories*

5%
39%

sF

4

33%

Schiff Co com
*
Schulte Real Estatel

53"

*

21

"6%

6

%

Rig

Mills Ltd

20%

7%

Refining com
1
Pantepec Oil Co—

Parkersburg

25
5

34

sVA

105

Parker Rust Prf_2 %
Park A Tilford Inc.l

*

13
48

3%
6%
2%

39

4

(Thos

Plymouth Oil
5
Pneumatic Scale
Preferred
10
Pocahontas Fuel.100
Preferred
100

12%
7%
3%

irif

*
100

30

Plough Inc
7%
Plymouth Cord. 100

23

3%

*

6%% pref
Regal Shoe pref. 100
Regent Knitting

6%
1%
13%

5%

Panhandle Prod A

4% conv pref_100
Paramount Motors 1
Paramount Pictures 1
6% 1st pref
100
6% 2d pref
10
Parke. Davis Co..*
Parker Pen
10

100

«

60

1%

6

lV*

Southern 1

5*
20

*

_

50

Reed Roller Bit
Reeves (Daniel)

Pleas't ValWine Col

12

6

Preferred

Savannah Sugar
1
Savoy Oil
5
Schenley Distillers. 5

3%

2%
6%

Per share

Par

45*

2%
3%

Units

G)—
7% 1st pref
100

Pairpont Corp. .100

Transport
$50par B__

1

Preferred
Plant

7

22

Pan Amer Match.25
Pan Amer Petrol A

1

Pitts ton Co

62%

5%

Palmer Bros
__*
Pan Am Airways
6

*

Pitts Term Coal

120

5

Pacific West Oil.. 10
Packard Motor
*

pref

Forgfngs

Pittsburgh Steel
*
7% pref B....100
5%% prior pf.100
5% oref A
100

40*

Reed Prentice com

Bid

Stocks

share

2%

Red Rock Bottlers. 1

26

79

Pitts Screw A Bolt.*

142

Pac Coast Cement

Common.
Pacific Uoasi Co.. 10
1st preferred
*
2d preferred
*

25

78

3
40

*

Reda Pump
Red Bank Oil

37

5k

*

M

Ask

Per

1
*

Engine

8%
7%
35%
1%
5%

4%

_

43

$5 preference
*
Pac Amer Fisheries 6
Pacific Aviation
1

conv

Pitts

*

_

Pgh Metallurgical 10
Pfttsg PI Glass. .25

IF

51

if

45

Pitney-Bo^es Post.*
Pitts Coal (Pa)..100
6% preferred..100

3

$5.60 conv 1st pf.*
Outboard Marine &

Outlet Co

,

5

20

Preferred
Pirelli Co of Ttaly—
Am shs 500 lire

72

Preferred
25
Ontario Mfg com. _*
Oppenheim Collins. *
Oshkosh B'Gosh
*

*

pref. 100
ExpIorat__l

conv

112

Pilgrim

Real Silk Hosiery
Mills common

Reliance Si eel

.84

1

Elevator

*

105

6% preferred. .100
Oneida Ltd com 12%

Otis

100

Phillip-Jones Corp.*
7% preferred ..100
Phillips Packing
*
Phillips Petrol
*
Phoenix Hosiery
5
7% preferred-.100
Pick (Albert) com.l
Pictorial Paper
Pkge Corp
5

Par

7% cum pref. .100
Realty Operators
Rearwin Aircraft A

Record com.*

Preferred

165

Ohio Brass B
Ohio Forge &

*

2%
22

Phil A Read C A I.*

7

Bid

Stocks

share

%
2%
9%
8%
7%
35%

Phila

4%
44%
18%
37%

42

Norw Pharmacal.2 %
Novadel Agene
*
Noxzema Chem
1

Nu-Enamel
1
Nunn-Busb Shoe 2%
Ogilive Flour Mills. *
Preferred..
100

%

\V*

„7% preferred-._ 60

common

Conversion. 1

Petrol
Petrol

Class A

Okonite

1%
20%

*

7%

Northrop Aircraft

5% preferred
Oil Exploration

Per

Pervel Corp
Pet Milk

33%

North Pipe Line. .10

Ask

Par

Per share

'

21%
1%
45%
30%
52

9%
60%
2%
30%
38%
110%

32

11%
107%

FEB., 1940]

INDUSTRIAL
Quotation! for all aecuritles

Stocks

Bid
Par

J

2

A*

Preferred

50

17

107
95

Thermoid Co

55

16

110

100
10
7% preferred.. 100
$5 preferred
*
Standard Brands..*
$4.60 cum pref..*
Standard Brewing. *
Stand Gap & Seal—1

$3

2*

.

X

14 2*
20 2*

2X

6

63*

15

%

4X
24

26 X

24 X
26 X
20 X
43 X

29

30

24 X

109

1083*
83*

9X

38

Time Inc

34 3*

13*
43 X

IX
45 X
30

28

Common v t C—1
-Steel Co of Can. —*

80
12 X
13 X

13

X

40

132*
33*

142*
43*

15

Picture

Steel

Forging—*
Transwestern Oil.10

33*

Truscon

6% 1st pref

60

33

Jan. 26

5% 2d pref

Tung-Sol

20

10

Dec

80c div conv pref *
20th Cent Fox Film

11

Sterling Aluminum
Products

com

1

5X

5X

Sterling Brewers
Sterling, Inc.

1

IX

2

1

2X

3

$1.50 preferred..*
Sterling Products. 10
Stern Bros common 1

18

Coach

19

UdyliteCorp—

772*
IX

78

Ulen & Co

30

4X

5

15

5

7X
X

7X
X

Union

9

Union

Stokely Bros..

7X
62*

Conv

1

14

pref
25
Webster. .*

Stone &

Storkline

10X
6X

Furn

10
Strawb'ge & Clothier
6 % preferred. 100

7

183*
27 X
00 X
25 X

United Aircraft
5
Un Aircraft Prod—1

473*
52*

*

id"
11X

3

4

10 X
29 X

16

17

8

59 X

593*

122X

5

Preferred
100
United Biscuit
*
7% conv pref. 100
United Carbon
*
United-Oarr Fast..*
United Chemical..*
$3 part pref
*
United Cigar Stores

113*
IX

35 X

0% preferred.. 100
United Cigar-Whalen

24 X
2

„

13

32

,

l

53*% conv pf—60
Superheater Co
*
Superior Oil Corp.. 1
Superior Oil (Cal) 25
Superior Portland

24 X
2X
36X

$5 preferred
United Drill & Tool

IX

35X

Stores

Class

8

93*
473*
6

com

153*
2*
44

153*
12*
«.

152*
111

543*

18

0

*

OX

13

43
14

13 X

13 X

Class B
*
United Drug.
5
United Dyewood.10

7% preferred..100
United
Electric

59

3X

Coal Cos com
U11 Eng & Fdy

4X
33 X

4X
34X

six

82

3

Swan Finch Oil

15

16

62*
IX

United

Fruit

United

Sylvania Industrial
w w

v

1

36

common.5

Taylor & Fenn__100
Taylor (K) Dist.-.l

*

Telaut'g'ph Corp..5
Tennessee Cor p.—5
Tennessee
Prod
*
Terminal Ref &
Warehouse Corp50
Preferred

1
*

Texas Corporation 25
Texas Gulf Prod
*
Texas Gulf Salph—*
Tex Pac Coal & OillO
Texas Pacific
Land

Trust old stk__ 100
Ctfs sub shares.. 1

Texon Oil & Land..2
Thatcher Mfg
*
$3.60 conv pref..*

No par value,

_

United Molasses Ltd
Amer dep rcts._£l
Unit Paperboard
10
Preferred
100

6

15

Unit Piece Dye com*
Preferred
100
United Profit

Sharing
Class

31X
4

100

X

X

ox
14 x

72*

A

*

Class B
Un Shipyards B
Class A

1
1

7% conv pref. 100
Envelope
100

U S

15

4

4X

52*

6

2

22*

58

100

Finishing.

tr S Foil B
U S Freight
U S Graphite
U S Gypsum

*
1

Wagner Bak v t c. 1
Wagner Electric.. 15
Wahl Co

5

4X
X
3X

"X

X

U 8 Ind Alcohol—
U S Leather com..*

7%

cum pr

pf.100

r>

11

X
IX
81X
43 X
4

X
IX
82
44

4X

~8

~9X

33 X
99

30

101

1

2

5

5X
8X
*7X
87 X
179X
4X

4 X

293*
21

5X
65

Part conv& cl A.*

6

31
22 X

5X
69

9X

*

4 X % pref w w 100
&

(H)

com..*

Preferred
*
Waltham Watch cl B
7% prior pref. 100
6% preferred.-100
Walworth Co
*
6% preferred
10
Ward Baking Corp—
Com class A
Com class B

*
*

7% preferred. .100
Warner Bros. Pict._5
$3.85 conv pf
Warner Co com
Preferred
Warren Bros
$1

*
*
*

*

1st pref.*
pref
_*

cum.

$3 cum
Warren Fdy & Pipe *
Warren (Northam)
$3 conv pref
*

35X
OX

conv

r

Canadian price,

9X

*

6

77

25
40

106

5X

5X
ox
90

preferred._*
Suchard
com

(H

F)

15c

50c
$50

IX

ox
110

ox

Oil

Gas..

Wm

292*

5

3

*

m
ox
IX
3X
5X

Oil-O-Mat

(R C)_._*
Willys-Overland
1
6% conv pref.. 10

303*

10

11

Wilson & Co

*

65

623*
25 3*
373*

$6 preferred
Wilson Line
Preferred

*

59

*

23

100

81

Willson Products._1
Wilsonite Products 1

10

1

263*
372*
1172*
612*
53*
13*

20c

33c

1142*
592*
53*

32*
2*
443*
3*

3*

3*
23*
192*
393*
283*
32*
273*

5
•

-

-

-

_

_

_

_

Wilson-Jones

29 3*

33*

283*

36

Winsted Hosiery 100
Winters & C'mpton 1

Wither bee Sher pf .50
WJR The Goodwill
Station

12*
62*
103*

92*
883*

92

130

-

9

—

10

42*
52*
262*
12*
32*
2*
63*
213*

5

29

00

Woodall

Ind ust

43*
OX
27

23*
42*

Newspaper
Machinery pref..*

Prior pref units

Preferred
100
Woolw'th (F W).10
Woolworth Ltd—
Am dep rects ord.
Preferred
Worcester Salt.. 100
&

1

Mach

*

95

43*%

7
75
30

10

7

preferred

100

series
preferred

163*

prior
100

Wright Aeronaut'l.*
Wrigley (Wm) Jr..*
Wurlitzer (R) comlO

35
5 3*

52*

Preferred
Yale & Towne

100
25

Yates-Amer Mach .5
83*
12*
23 3*

Yellow

9

33*
49

York Ice Mach
7 % Preferred-

*
.

Preferred

8

12*
53*

83*
303*

100

1083*
3

Youngstown Sheet
Tube common

203*
-

-

-

-

32*

45

48

353*
1063*
86
11
109
22 3*

3

362*
1073*
87

113*
112

232*
33*

17
119

32*
26

173*
120

42*
283*

863*

xr

43*

*

233*

232*

O ec\ V»

392*

5

&
*

53* % pref..100

Nurseries com
Zenith
Radio

*

Zonite

1

ts

103*

6

Young (Thomas)

85

19

75
70

102*

S teel

Car common

23

43*

183*
673*
56

1283*

Youngstown

Door common

183*

4

100

44

4

11X
43

Youn^(LA) Springy
Youngstown Steel

17 3*

48

118
40 X

&

Young (J S) Co..100

2

63*
13*
33*

Truck

Coach Mfgcl B__1
7% preferred..100

13*
24

32*

222*

Worthington Pump

213*

53*
53*

3
10

Woodward Iron.. 10
Woodw'd & Loth'plO

34

193*

OX

4X

Wood (Gar) See "G"
Woodley Petrol
l

91

42

6

2

332*
162*

292*

3.55
13

Wolverine
Portland
Cement com
10
Wolverine Tube
2
Wood (Alan) Steel.*
7 % preferred. 100

7% pref A
100
6% pref B
100
43*% conv prior

53*

7X

Wood

13*
53*

47
13*

1

*

_

22

Ex-dividend.

19 X

Williams

1

x

66

36

19

Wayne Pump

t New stock,

29 X
85

prior pf.*

Produ«

Nominal,

3X

113*
52*

32

Waukesha Motor. .5

17 X
53 X

n

34 X

107

Webster Eisenlohr.*
7 % preferred.. 100

1

Westvaco Chlorine. *

Wilcox

Good'm

Worts

Wellington Oil

2X

k Last sale,




Class B

Waldorf System
*
Walgreen Co com__*

Welch G'pe Juice 23*
Preferred
100

5X
i

*

4X

25

8X

42 X
3 X

Waitt&Bond Inc A

Walker

7
80 X
179

7% preferred. 100
Machine.5
53* % conv pf..50

»

X

550

50 X

5X
5X

00

*

U 8 Hoff

34 X
8

24 X
78

68

5
20

65
3
20 X

2X
19X
42 X
33*
332*
73*

112*

23

9

__

Preferred
25
United Specialties. 1
U S Distributing
5 t

Preferred

VogtMfg
*
Vulcan DetinninglOO
_.

United Screw & Bolt

Un Shoe Mach...25

%.
293*
3X

593*

7 % preferred
100
Vultee Aircraft.___1
Waco Aircraft.
*

25c

U S

Iron & Steel com.*

com.

J9
643*
OX
15X

~or

Taylor-Wharton

Term & Trans

TX
5X
5X

5

*

Tampax Inc
1
Tappan Stove
6
Tastyeast Inc cl A. l
Taylor-Colquitt Co 5
Taylor Craft Co
1

Inc

25 X

73*
53*

1

$2.50 pref..
Talon Inc

32

5,

*

11X

t c

-

....

Taggart Corp

22 X

312*
24 X

»

Symington Gouldx w

5

3

53*

Merchants

& Mfrs

United Milk Prod..*
$3 part pref

2

4X
22 X

Swift & Co
25
Swift Internat Ltd—
dep ctfs of bear shs

*

7%

5

5

..

Machine

Technicolor

29 X
7X
19

62*

Preferred
25
Sweets Co of Am.50
Sweets Steel
.1
Swift Business

Common
Common

X

29*

Sutherland Paper. 10

2X
5

4X

100

Pump

20 X

Preferred

73*
13*

433*

Preferred
*
Victor Chemical
5
Va-Car Chemical..*
6% part pref. .100
Va Coal & Iron.-100
Va Iron O & C__100
5% preferred-.100

10 X

Westland Oil
*
Weston El Instru..*

Prior

90

163*

Vick Chemical
5
Victoria Gypsum..*

Preferred

130X

com

Will & Baumer
*
Preferred
100
Willcox & Gibbs__50

ertientes-Camag'y

Viking

7% 1st part pf.50
Westmoreland Coal *

28

15

X

23 X
107 X

100

123*

17X

X
10

*

50

Mfg

Chocolate

30

33*

10 X

100

Brake common..*
&

18

29
85

Sugar common..5
Vicana Sugar v t c.3

V

50
110

Newspaper

Stationery
Westinghouse Air

Wilbur

2*

17

122*

4IX

1

X

65

Superior Steel
100
Susquehanna Silk
1

l00

1

21X

Union common..*
Western Tablet &

Whittaker Pap com*
7% preferred ..100
Wichita River Oil. 10
Wickwire Spencer
Steel common...*
Wieboldt Stores...*

93*
12*
25c

113*

Cement A pref..*
Class B com
*

Mills class A
Class B

82*
13*
20c

1

Veeder Root Inc...*

Preferred
Western

Common

"13*

60

-

A

~i%

6

Vega Airplane
IX
Venezuelan Petrol .1
Venezuela Synd
2

34

Common.
10
Dairies
1
$3 Dreferred
*
Western Groc Ltd.*

Western

7% first pref .100
WhitlockCoil Pipe—

92*
803*
173* Jan.
8
13*
23*

78

*

Camp Milk
*
$4 preferred.....*
Van Nor Mach Tool 5
Van Raalte Co
5

7% 1st pref

65 3*
157 3*

__1

»8% preferred.. 100
Vanadium Corp
*

Pap.

Common

93*

$4 conv pref
5
Valvoline Oil comlOO

—

56

17

10c
*

—

—

152*
1133*

143*

150

Vadsco Sales Corp.*
7% cum pref. .100
Valley Mould & Iron
Common
*
Preferred
*

Valley Osage Oil
Valspar com.

Pulp

$4 conv pref
*
Prior pref
20
White (SS) Dental 20
White Rk Min Spgs-

23*
32*

632*

8% preferred-.100
Universal Pictures.!

Van

Lines

Un Artist Theatre

103*

122

Air

Transport

7X
10 X
28 X
9X

Sundstrand

pref. .100
1

18

242*

4X

United

Mach
Tool common
6
Sun Oil com
*

163*

27
64 3*

Conv preferred-15

Un St Yds Omaha 100
Union Tank Car
Union Wire Rope...

92*
10X

Studebaker Corp.-l
Submarine Signal.25
Sullivan Mach'y
*

cum

163*

68

3X

1.25 preferred..*

6%

6

100

75

Hirshberg.*

Sunray Drug
Sunray Oil

803*

5

Union Premier Food
Stores com
1

Struthers Wells
com

80

Union Carb & Carb *
Union Mfg.
25
Union Oil of Calif.25

98

Stroock (S) & Co..*

Titus ville

Bleachery 100

Va

White Motor:
.1
White Sew Mach..l

142*

133*

Steel Corp
1
Univ Leaf Tob____*

_

64

.

7% preferred-.100
Stromberg Carlson.*
6% preferred-.100
Strouss

10X

*

common

1

3

13 3*

Utah Radio Prod_.l
Vacuum Concrete.

12*

5 3*

—*

132*

42

Bag & Paper

Corp

4

A_,_*

50

*

Mfg.. 10

7X
8X
2X
15X
99 X
4X

*

6% Preferred .100
Western Air Expr.-l
West Auto Supply—

$5

Universal Cooler—

133*

X

Fisher

Unexcelled

Stinnes (Hugo)Corp5

Stlx Baer & Fuller. 10

pref..

Underw Ell

17

112*

1

23*
85

Universal-Cyclops

102*

Foundry

_

23*

Universal Corp vtc.l
Universal Cons OillO

25

1

54}

80

40

*

*

B

IX

%

8% 1st pref
100
Universal Prod
* &
Upson Co com. 12 X
Preferred
100
Utah-Idaho Sugar. 5
Preferred
10

com

Series

IX
53 X

72*

West Indies Sugar. 1
West Michigan Steel

W

2

69

pref

conv

13

5% conv pref. .30
Weyenberg Shoe
I
Weyer h a eu ser.TLmb.*
Wheel Steel Corp
*
6% Preferred-.100

2X
7 X

*

43*
13*
13*
13*
423*
12*

Series A pref

2

12X

50c.

United Wall Paper_2
6% prior pref. 100

9

4

1

45

U X

7

92*
33*

112*
243*
103*

com._1

44 X

2

Conv partic
Class B

24

$4

1

\H

Westinghouse Elec

United- Stove-.-r——I""

23*
42*

(

Common
*
$1.50 preferred._*
Twin

22

Preferred A.....*
Stetson (JB)
*
Preferred
25

Stewart-Warner

Lamp... 1

372*

Stockyards—

$6 conv pref
Common

-j—

13*
42*
82*
83*
33*
73*

*

0

5X

c

80
37

1

35

32*
-y8

5

*

*

Conv preferred..*
United Stores A
5

4

02 X
70
50 X

U7% jJn17M

50c

Common

72*
33*

33

62

Preferred
*
U S Tobacco
*
7% non-cum pf_25
U S Truck
Lines..1

i3*

0

09X
50 X

50

Corp

20

4

Corp
♦
7% preferred-.100

United

7

Screen..1
Transue &
Williams

Trunz Pork Stores.*
Steel
10

42*

3%

7% preferred

14

132*
1

_

I?*

__

36

5

Tr ua x-Traer Coal.

35X
110X
2X

U S Stores
Conv 1st pref
U S Sugar

.

25

Steel Products Eng 1
Stein (A)& Co com *
Sterchi Bros com..*

35 X

302*

Daylight

3*

1103*

USSm Ref & Min50

Wesson Oil & Snow¬
drift com

X

W Va Coal & Coke. ♦

2
10

»

1

2X

10

292*
33*

*

IX
14X

U S Steel

43-*

X

pf_100

1st

163*
293*

-

80

5

16

Triumph Expios
2
Warrants—"T— I
Trojan Oil & Gas of
Delaware
1

IX

n-cu

Preferred
Preferred A

&

ih-oducts

X

IX

703*

28

Towne Securities..*
Preferred
100
Trane Co..
2
Transair Corp

Trico

8%

V-K

Wells Fargo & Co..l
Wentworth Mfg.IK
Preferred.
*

29

IX

U 8 Rubb Reel

1

32*

Ask

Per share

Par

37

21X

Realty & Imp. *

U S Rubber

12*

%
43*
693*

Pump
:
5
Toledo Shipbulld—*
Torrington Co
*

West Air Line

34

482*

1

&

Lux

U S

212*

Bid

Stocks

3GX

28 X

6% preferred...50

158

472*

Todd
Tokhelm Oil Tank

Transcontinental

112*
25 3*

213*

Expts—*
Shipyards—*

Trans

~4~~

33*

*

com

fob l'rod

40

125

Stand Silica com
1
Stand Steel Spring. 5
Stand Tubecl B
1
Stanley Works
25
Starrett (L 8) Co..*
Starrett Corp—

94 3*

113*
233*
155

Timken-Det Axle. 10
Timken Roll Bear.*
Timm Aircraft
1
Tishman Realty—*

13 X

24 y
20 3*
43

6% preferred. .100
Standard Products. 1
Standard Screw. .20
Preferred A
100

Preferred.

2X

22 y
24 x

Stand Oil (Cal)
*
Stand Oil (Ind)—26
Stand Oil (Kan)..10
Stand Oil (Ky)___ 10
Stand Oil of N J.-25
Stand Oil (Ohio)-25

103*

92

4X% conv pref.*
Hoofing com..1
$1.40 convpref.20

%

1X
12X
3x

21

10X

Ask

3X
30X
35X

*

Fdy..20
Playing Oard.10
Plywood Corp—

Common
1
$1.50 conv pref_20
U S Postal Meter.. 1
U S Print & Litho—
Common
*
6% pref A
50
U S Radiator
1

22*

19

Tide W Assn Oil.. 10

Stand Commercial

Tobacco com
1
Standard Dredging
Common
1
$1.60 conv pref .20
Stand Fruit & S S_10
Preferred
*

302*
112

2X

Tilo

Products com. 10c
Preferred
5

U S

—

21X

12*

Oonv preferred .10
Standard Coated

U S Lines
pref
U S Pipe &
U S

43*

110

-

108

91

Per share

Par

302*
193*

18X
43*
30X

Thompson (J R)__25
Thompson i'rod—*
$5 conv prior pf_*
Thompson-Starrett *
$3!* preferred
*

~72*

7
106 3*

29

5

STOCKS

Bid

Stocks

4

3X

1

pref—10

conv

Thew Shovel

Ask

Per share

Par

Staley Mfg Co

MISCELLANEOUS

possible for the closing day of the month preceding the date of Issue

Bid

Stocks

Per share

Stahl-Meyer com_-*|
►

Ask

&

are as near aa

1

coco i-H

103*
142*
23*

86

113*
15

23*

prices for State and municipal securities is to quote them on the
it will be found that for the single maturity bond a bid and

The custom in reporting

in furnishing the prices below,

basis of the return the bonds yield per annum. Therefore
asked quotation is published—either actual figures or on a

'a certain basis.
list matures from 1940 serial
and is quoted 0.50 endeavor to obtain the yield that
Bercentage bond in In furnishing prices for the to 1951bonds, however, we to 3.00%—this would indicatebasis
our

latter^nmturity is yk4^olk)wing^ist,

the earliest maturity yields For and the
for the varying maturities. 0.50%instance,

it must be remembered the word to indicates that the figures shown are the yield basis: all other

figures are bid and

asked prices.

Quotations for all securities are as near as possible for the closing day of the month
To

or

UNITED STATES—See

4s Dec 15 1944-1954--J&D 114.14
3 Ks Mar 15 1946-1956 M&S 114.12
3 %b June 15 1940-1943
3 Kb Mar 15 1941-1943
3 Kb June 15 1943-1947

3 Ks
3 Kb

J&D
M&S
J&D
Aug 1 1941
F&A
Oct 15 1943-1945-A&O
Apr 15 1944-1946-A&O
June 15 1946-1949 J&D
Dec 15 1949-1952 J&D

114.15
101.31 102.1
104.7
104.5
109.22 109.24
105.6
105.3
109.28 109.30
110.10
110.8
111.8
111.6
111.20 111.23

3s June 15 1946-1948..J&D
3s

114.16

110.12

Sept 15 1951-1955—M&S 110.3

2Kb Mar 15 1955-1960 M&S

15 1960-1965 J&D
15 1945—— .J&D
15 1948
M&S
15 1949-1953 J&D
Sept. 15 1950-52.M&S
Dec 15 1951-1953-J&D

107.18

4%
b 2.00
Birmingham—
3Ks impt ref 1940-50—J&J b 1.50
3 Ks Imp ref 1942-1958 A&O b 1.90
4s 1940-1961
A&O b 0.75
4Kb 1940-1960
—A&O b 0.75
5s sewers Sept 20 1941 M&S b 2.00
Florence refunding 1 % to 4%.
41
Gadsden 6% impt long mat
& 4.50
58 schools 1940—
A&O b 3.00
Jefferson County—
4Ks Ot House 1940-43 M&N b 1.25
4Kb Ref 1940-1961.--A&O b 0.75
Mobile City—
Refunding2-5s Jan. 1 196681K

105.10

1K%
IK %
1K%
%

Mar 15 1940
June 15 1940
Dec 15 1940
Mar 15 1941
% June 15 1941
% Dec 15 1941—
% Mar 15 1942
Sept 15 1942
1&% Dec 15 1942
j% June 151943
1K% Dec 15 1943
1% Mar 15 1944
K % June 15 1944
1% Sept 15 1944
Federal Farm Mtge Corp—
3 Ms 1944-1964.
-M&S
.

3s 1942-1947

105.31 106.1

3s 1944-1949

2Ks 1942-1947

108.13

102.28
104.15
103.2

„

101.25
102.8

102.12

Tuscaloosa—
5s W W 1940-1957

102.12

103.27

104.21
102.20
102.24
101.22
100.20

104.23
102 22

„

104 K

111K

J&J b

F&A 6 2.30

to 3.40

Oakland 5Ks 1940-1943-F&A

0.25

to 1.75

to 3.30

4Kb Mun Imp '40-'43_F&A
4Kb 1940-1965
F&A
Oakland S D 4s 1940-44--J&J
Orange Co 5s 1941-1945.M&S

0.20
0.20

to 0.75

0.20

to 1.20

0.75

to 1.75

1.00

to 1.40

1.25

to 2.00

2s 1954-1958
J2&J2
Pasadena 4s 1941-1942..-J&J

2.25

to 2.35

0.40

to 0.60

Redlands 5s 1940-1951.J&J15
Riversidp 5s 1941-1953--J&D

0.40

to 2.60

0.75

to 2.75

Riverside Co 5s *41-'54--M&N
Sacramento 4s Jan 1941-1945

0.75
0.30

to 2.75

0.20

to 2.65

0.25

to 1.65

1.25
0.50
0.50

to 2.75

0.50

to 1.40

0.40

to 2.90 %

to 3.10

Flood Control District—
5s 1941-1943
J2&J2
2s 1944-1951
J2&J2

1.50

3.10

3.40
3.40
40

less

to 3.75

3.50

less

4Kb Water 1941-1964.
g July 1, 1940-44..J&J
San Francisco (City & County)
5s Water 1941-1969
J&J
4Kb Water '57 '58. '59.J&J
4Kb Water 1940-1977-J&J
4s Wat Distrib '40-'63.J&D
2s 1941-1949
J&J

to 3.75

2.50

101.2
101.1
101.1

101.3

3Ks

1

2.00 to 3.75
3.75 less 1
2.00 to 4.00
3.50 less 1
3.50 less 1
3.00 less 1

102.16

St Francis Levee Dist—
4s 1944

&

101K
101K
101

J&D

108

104K
110K
107 K
102 K
119K

F&A

5s Apr 1 1955-1935
A&O
5Ks Aug 1 1941
F&A
Puerto Rico (Govt of)—
2Ks Jan 1 1946
J&J
4s reg Jan 1 1944
J&J
4s reg Jan 1 I960
.J&J
4Ks Jan 1 '51-'41
J&J
4Ks July 1 1947
J&J
4Ks 7-1-56-59 1-1-56.-J&J
5s July 1 '44-'43_
J&J
5s July 1 1972
J&J

106 K

102K
117K
130
135

111

118
131

1.75

114

115

118K
117K
100K

119K 3.15
118 K 3.13
101K
107
0J5

106
102 K
107 K

115K
102K
114
121
110

134

3.04

104 K 1 75
109 K 1 60
118K 2.80
103 K 0.75
116K 2.10
123 K 2.70

111K 1.50
138M 3.10

ALABAMA
3 Ks renewal class C 1956- J&J b 2.60
4Ksharbor impt June 1 '40-73 b 1.00

less

b 2.50

less

1

b 2.50

less

1

M&S
M&S

Tax free in Connecticut,

1

to 3.00

b 2.70

b Basis.

101
97

100

100

less

less
less

K

less

1

M&N

2.60

0.35
1.40

to 2.10

0.35

to 2.20

F&A

0.30

to 2.25

2Kb Feb 1 1941-1954-F&A
2Kb Feb 1 1941-1954-F&A
Alameda 4s 1940 to 1941-J&D
4Kb Mun Imp '40-'48-A&0
Bakersfield 5s 1940-1952-A&O
Berkeley 5s 1942-1951
J&J
5s School 1941-1955.—J&J
East Bay Mun Util Dist—
5s 1941-1974
J&J

0.30

to 2.35

0.25

to 2.30

0.25

to 0.50

0.20

to 2.00

0.25

to 2.40

0.60

to 2.30

0.20

to 2.50

Irrigpist6s

0.25

1.30

to

1.00
1.00

to 2.20

to 1.90
to 1.10

1.90

1.80

1.30

to 2.00

2.00

1.90

2.00

1.90

1.20

to 1.85

1.25

to 3.00

2.40

to 3.00

3.20

J&J 6 3.40

3.20

0.10

to 0.75

0.95

to 1.75

0.25

to 2.25

0.50

to 2.00

0.25

to 1.75

0.25
0.50

to 1.75

0.25

to 2.00

to 2.25

0.60

0.50

0.25

to 2.00

0.25

to 2.25

0.25

to 2.25

0.25

to 1.25

1Kb 1940 to 1950
J&D
1Kb 1940-1949—A15&015

0.25

to 1.50

0.15

to 1.40

1940-1944..F&A

0.15

to 1.20

-F&A

0.15

to 1.50

M&S b 0.15
M&NI6 0.15

to 1.50

Fairfield (County)—

to 2.80

92
to 3.00

%

Greenwich 3s

1Kb 1940-1947
61

62

65

65K

b 1.00
1940-1962
2Kb Wat Wks 1956-76 M&N, b 2.65
3 Ks Water wks 1952-1975Jfr 2-70

Nominal.

2.15
to

F&A

1Kb 1940-1945

Golden Gate Bridge & H'way3 Ks series O 1942-1971 .J&J b 0.75

Imperial Irrigation District—
Refunding 6s 1983
J&J
Refunding 5s 1983
Los Angeles (City)—

to 2.10

6 3.30

Funding and building bonds
1Kb 1940-1943
J&D
1Kb 1944-1958.
J&D
Branford (T) 2s 1940-57-J&D
Bridgeport—
5s Refunding 1940-48.-J&J
2Kb Refunding 1940-47 J&J
1Kb 1940-1948
J15&D15
Bristol 5Ks 1940-1957—J&D
Cornwall 2s 1940-1956 __A&O
Danbury—
3 Ks Fund 1941 tax'le.A&O
Darien IKs 1940-1958—A&O
East Hartford (Town)—
4Kb School 1940-59__M&N
2s 1941-1965
F&A

to 1.20

3s Feb 1941-1952

n

2.20

94.

CONNECTICUT

J&J

Flat price,

to 2.15

page

5s 1974-1983.-...

3 Kb Jan 1 1941-1949
Veterans Welfare—

4s

to 2.40

F&A

3.65% March 1, 1950-1954.
2Kb Sew dist 1947-56.A&O
3s 1963-1972 opt 1955-A&0
3 Ks Mun Water Retire
1963-1972 opt 1955.A&0
2K8 Sewer Disp *47-'56A&0
Moffat )ffa Tunnel Imp D—
5 Ks 1944-1963
—J&J
5 KB 1947-1956
J&J
5 KB 1964-1973
J&J

Calif Toll Bridge Authority—
San Fran-Oak 4s 1976.M&N

East Contra Costa

to 2.25

0.25

4Kb Water 1962-1965.J&D b 2.25
8 D No 1 4Kb 1941-53.J&J b 0.40
4s July 1941-1945
0.60
J&J

101K
101K

CALIFORNIA

4Kb Univ Bldg Jan5'41-65 J&J
2.15 4Ks Highway 1940-48-J&J30
133
F&A
139K 2.20 4Ks 1941-1947
4Ks Olympiad 1940-71 ..J&J2
F&A
112K 1.50 4Ks 1941-1952
119K 1.50 4s Harb Imp 1985 opt "50_ J&J
J&J2
134K 2.30 5s Jan 2 194L-1943
4s Jan 2 1944-1948
J&J2
101K

0.40

0.50
2Kb State H'way '40-'54-J&D
38 warrants 1940-1951—-J&D b 0.50
2.20
2Kb warrants 1952-'54
J&D
0.40
2s Highway ref, 1940-'47_J&D
Colorado Springs—
Ref 1Kb 1940-1943—-M&S 6 0.40
Denver (City and County)
1.10
4Kb Water 1944
J&J
0.40
4Kb Ref Wat 1940-67.J&D

102

1.50

100 K

to 2.85

COLORADO

b 3.25

4s 1940-1964

to 2.75
to 2.90

0.50

102

5Ks 1955-1965.--;::::::: & 3.70 less K

035

to 2.90

102

1.90

0.85

to 2.90

0-40

CANADA—See

102

b 2.00

4s 1958-1960

to 1.40

102

102

103
4Ks Fund 1941-1950-M&N
Is water Rev 1940-76.F&A b 3.25
Little Rock S D 4s '40-'55 M&S b 3.25

J&J

Philippine Government—
4s reg Dec 1 '46-'26.MJSD
4Ks July 1 & 15 1952—J&J
4Ks Oct 1 1959
A&O

——

101K
101K
101K
101K
101K
100K
100 K
100 H
96 K
99 K
99 K

to 2.70

2.70

San Joaquin Co 5s '40 '49.J&J
Santa Barbara 5s 1491—JanlO

Little Rock—

J&J

J&D

/.

_

101.13, 101.15

Diego 5s W W '43-'54A&0

5s School 1941-1968—F&A

1

3.00

J2&J2

4Ks gold Aug 1943
Turlock Irrig Dist 6s

3s 1949Jan.
3s Attorney Gen opt 1944
3s Rose, Hemingway opt 1944
Hot Springs 4Ks '40-'50-M&S

101.3

to 3-35

Ref 4s 1946-1986
Modesto Irrig Dist 6s

37

J&J b

5s 1968-1977
4K-4s
4K-4s
4K-4s

101.4

to 3-35

San

-

5s 1954-1960
5s 1961-1967

to 2.25

to 3.00

Electric Plant Revenue—
Ref 4s 1940 to 1975.J&D 6 0.75
3 KB 1940-1977
J&D 6 0.75

3.15

3.20

103 K
103 K 0.70

4Ks May 15 1942
M&N
4Ks Sept 15 '50-'40—M&S
4Ks Oct 15 '56-'46
A&O
4Ks Nov 15 1956
M&N
4Ks Nov 15 1958
M&N
Honolulu (City & County)—
3Ks Sept 15 1946
M&S
5sjDec 15 '55-'45
J&D

to 3.05

3.30

& 3.40

5s 1943-1948
5s 1949-1953

ield.

M&S

to 3.25

2Kb 1952-1953

101.18 101.24
101.6
101

102.13

to 3.15

0.75

3s 1940-1968.
J&J
Sacram'to Co 4Ks '40-'46 J&D

3.25
3.40
1.00
1-50

ARKANSAS

INSULAR




100
3.10

3.15

Phoenix Un H S D 4Kb 1948 b
Prescott 5s 1948
J&J b
Tucson 5s Water 1950
J&J b

TERRITORIAL AND

•

101

b 2.00
b 3.50
b 3.50

6s Jan 1 1946
5sWW 1941-1950

100.18 100.20
101.10
101.8

H% Jan 15 1942

to 3.20

0.75

of Southern California—
Colorado River Waterworks
Ref 4Kb 1948-1977-F&A 6 2.60 to 3.35
104 K
103 K
Ref 3Ks 1978-1987-F&A

107

Highway 6s Jan 15 serially, b
Co Ct H'se 4s 1940-48 J&D b
Phoenix 4Kb '50 opt *30-J&J b
4Kb 1941-1956—
J&J b

105K
105K
106K
111K

m

to 3.20

0.75

Metropolitan Water District

105 K

104 K

0.75

-

107
to 3.75

School No. 1 5s 1945-.-J&J b 3.25

100.19 100.21
100.4
100.2
Bonds
Loan

Is July 1 1942
UiS Housing Authority—
IK % notes Feb 1 1944—

4Ks highways 1952
4Kb 1956 and 1959
4s renewal July 1,1956

82 K
to 3.30

Maricopa County—

101.14

K% Nov 1 1941

5s Feb 1 1952

to 3.20

ARIZONA

104.19

h % notes July 20 1941..

5sJune 15 1955

to 2.50

108.2

101.12

B0^08 M&y 16 '43 opt *39

3s[Dec 1 1948

4.25

2-50

4s

100.22

104.17

to 3.20
to 1.80

.3.K 1940-54.—--—.J&B 6 0.75. to 3.10
3 Ks ser A 1941-1977-J&J & 100 to 103
3 Ks ser B Jan 15 '77 J&J
103 K 104 K
3 Ks 1948-1958
J&D 6 2.65 to 3.10 %
2sI940-1942
A&O
100
iol'
3s 1943-1949A&O
100
Los Angeles City High Sch Dis
o 3.25
5 Ks Nov 1940-1960--M&N
0.75 to 3.20
5s 1940-1964
F&A
0.75 to 3.10
4s 1940-1961
J&D
0.75 to 3.00
3 Kb Jan 1 1941-1960
0.75 to 2.75
Los Ang Co 4 Ks '40-'49_ -F&A

43

5Ks serial
4Kb
4Kb

101.24

M&S 104.22 104.26

1K% Jan 3 1944 opt 40—
Reconstruction Finance Corp

Hawaii (Territory)—
1Kb Sept 1 1944
2.10s July 20 1942
2Kb July 10 1954

%

.JL75

to 3.40

108.11 108.15
105.4
105.1

_

m

to 3.15

To
Net

to 1.00

0.75

Tuscaloosa (City)—

Federal Natl Mtge Assn—

f

to 3.00

to 3.90

102.26

M&N 108

to 3.00

99K
98

Tuscumbia refunding 1 % to4 %

1% Nov 15 1941

to 3.75

J&J b 2.50

Federal Home Loan Banks—
2s Dec 1 1940
101.14 101.18
2s Apr 11943
102.14 102.20
Home Owners' Loan Corp—
3s ser A 1944-1952..._M&N 107.22 107.24

*

to 3.50

102K

0.75

0.75

4Kb 1940-1969
M&S
5s Municipal 1940-61.-F&A
5Ks Harb Imp *40-'61 M&N

to 3.80

101.25 101.27

^

107

6s ref pub impt *40-'53 M&N 5 2.50
Tuscaloosa Co 6s Bridge 1941 b 2.00
5s Road 1957
M&S b 3-15

102.24

105.3

Gen fund 4Ks 1941-66 J&D

Montgomery—
5s funding 1941-1966--J&J
4Kb Sanitary Sewer Jan 1*44
Montgomery Co 4Kb 1957-59 b
6s Road 1951
J&J b
Morgan Co 5s road 1952-F&A b
Selma (City) 5s-6s 1940-1955- b
2KB 1941-1952
J&J &

105-5

2Ks ser G 1942-1944.J&J
1 Ks ser M 1945-1947.-J&D
Ks May 15 1941
Ks May 15 1940
Federal Land Bank — Farm
3s July 1 '55 opt '45—.J&J
3s Jan 1 *56 opt *46—-J&J
3s May 1'56 opt '46—M&N
3 KsMay 1'55 opt'45--M&N
4s July 1 '46 opt '44
J&J
Commodity Credit Corp—
K% Aug 1 1941 ——7

104

to 3.20

Ask

0.75
3 Ks Sch Dist 1941-61.-J&J
Water Wks Refunding Rev
3 Ks 1943-1947—J&D-. b 1.25
2KB 1947 1959
J&D 6 2.25

to 2.65

4Ks June 1 1940-1948
b 2.25
5s School May 1 1945
105
4Kb 1940-1958
—J&D b 1.50

105.11

100.5
101.23
102.6
102.10
102.10
102.12
103.25

J&J

LosAngeles (City) Concluded—
3K« Water 1940-1941-A&O
4Kb Water 1940-1970-A&O
4Ks Sch 1940-1944—J&D
4Kb 1940-1968
J&J

2.30
to 2.50

Mobile Co—

110.14
110.5

108.11
107.16
105.8
105.10
102.27
2s Dec 15 1947
J&D 104.13
2s Dec 15 1948-1950--J&D 102.31
3s Panama Canal 1961—Q-M 121
3s Conversions 1946
Q-J 111K
3s Conversions 1947
Q-J 112K
U S Treasury Notes—

2.00

New ref

107.13 107.15

Dec
Dec
Sept
Dec

to 2.30

103
106

5s schools 1940-1947—J&J &
Bessemer—

K* June 151958-1963 J&D 105.31 106.1

2Kb
2Kb
2Kb
2Kb
2Kb
2Ks

6 1.50
b 2.40
b 1.25
b 2.60

or

Bid

Bonds

Net

Anniston—

2-KsScpt 15 1945-1947 M &S 108.30 109'
108.2
2Kb Mar 15 1948-1951 M&S 107.3
2 Kb June 15 1951-1954 J&D 107.3
107.5
2 Ks Sept 15 1956-1959 M&S 106.11 106.13
2

Ask

Bid

Bonds

4Kb 1942, 1946, 1949—.M&S
4s pub highway 1949-51-M&8
4s refunding 1941-1954-—J&J
3Ks refunding 1955-1965-J&J
State Bridge Corp 4s 1940-1951
Bridge Auth. 4s July 1 1957—

120.2

120

Yield Basin
To

or

Net

also pa ge 19.

Treasury Bonds—
4^8 Oct 15 1947-1952-A&0

3Kb
3 Ks
3 Kb

Ask

Bid

Bonds

preceding the date of issue

Yield Basis

Yield Basis

Hartford—

„

1 Ks
1

1940-1,954
Ks 1940-1953

to 2.90

M&S 6 0.15
3 Ks Bridge 1954-1955-J&D

to 3.10

4s

to 3.15

2s 1940-1959

Water 1940-1949...J&D 6 0.25

to

%

1.50,%

t0-1:75i%75
to 1.50 %

FEB., 1940]

STATE
Quotation* for all securities are

AND

as near as

MUNICIPAL

Yield Basis

Bonds

4gricul Mtge Bk (Colombia)
26 M
6s 1947
F&A
Certificates of deposit-—
23
6s 1948
A&O t 26 M
23
Certificates of deposit—
26
7s 1946A&O
23
Certificates of deposit.
26
7s 1947
—J&J
23
Certificates of deposit
Akershus (Dept of) 4s '68 M&S
Anhalt 7s to 1946
M&S /" 12
Antioquia Col (Dept of)—
14
Extl s f 7s ser A 1945—J&J
Certificates of deposit.—
10
,

to 2.50

6 0,

to 2.50

to 1.25

1940-1944
M&N
Middlesex County—
1Mb Bdge 1940-1955.M&N
New Britain (Co)—
2s 1941-1951
F&A
4s Munic Bldg 1948—J&J
*4%s School 1940-52.F&A

6 0.25

New Haven—
4 Ms Imp 1910-1952.-M&N

.40

to

.40

to 1.65

.40

to 1.50

to 1.00

to 1.50

6 0

to

.

1.75

.

s f 7s ser B 1945.-J&J
Certificates of deposit—
Extl s f 7s ser C 1945—J&J

f. 14
10

14
10

Certificates of deposit...
s f 7s ser D 1945.-J&J
Certificates of deposit—
Extl s f 7s 1957 1st ser.A&O
Certificates of deposit
Extl s f 7s 1957 2d ser.A&O
Certificates of deposit—
Extl s f 7s 1957 3d ser.A&O
Certificates of deposit—
8s 1946

14

Extl

4mb Water ref 1950

F&A

2s 1940-1969

J&D

.50

to

J&J

.50

to 2.00

(City)—
104O-1968.M&S
Ms 1940-1971
A&O

.50
.50

to 2.50

2.50

Norwalk

Sower

3 Ms Sewer 1947-'70-J&D15
2s Incinerator 1941-59J&J15

Norwalk (T) 4mb 1942-J&D
Norwich 4Mb 1940-1965-M&S
2Mb 1941-1959
J2&J2
2s P I Fund 1941-1959-J&J
2s 1941-1954
M&S

to 2.50
to 2.25

to 2.25

00

A&O

1Mb 1940-1959

to 2.50

.50

.50
.25

0.75

25

50

10

ll*

to 2.25
to 2.00

M&N
M&N

6 0.50

1940-1961
(Town)—
♦4Mb Sen 1910-1965..M&N b 0
1Mb 1941-1950:
A&O 5 0
Suffield 1Mb 1940-1959.. J&J b 0
Torrington 2 Ms 1940-*57 A&O b 0,
Waterbury—
5s Water 1940-1971—M&N 6 0
5s Funding 1940-1943.M&N 6 0
4 Ms Sewer 1941-1955—J&J 6 0
3s Street 1941-1955
F&A 6 0,
2Mb 1910-1952
M&N 6 0
2Mb

J25

to 2.25

72

95 m
90

91

83
83
81

to 2.00

7s 1948.

to 1.25

on variaii i-aiauuam

to 2.20

to 1.75

%
to 1.75 %

0.50
1.10
1.75
0.50

35

1.00

26

32

22

to 2.10

to 0.50

20-year

s

f 6s 1950

■

6 1.00
6 1.00

6s stamped 196l._.
7s stamped 1952
7 Ms stamped 1947

101

75

"86"

102

2.75

1.00

Extl

to 3,85

105

to 2.25

105

82
to 3.75

1.50

6 2.00

to 3.50

Marion Co Road 6s Feb 1 '52-

115

109

Miami—

Certificates of deposit...

„

101M
o

.

™

►

1.00

to 3.60

►

2.75

to 3.50

92

96

—

~

%
%
—

Orlando—

Refunding 4s 1940-62.F&A 100
Orange County 5b 1944--J&J 6 3.00

to

108
2.75

J&J 6 3.85
M&S 6 3.10

to 3.90

6 2.00

to 4.00

4s 1961
Palm Beach (City of) 5s
Pensacola 4mb ref 1941-_

104

_

6 3.10

&J 6 2.25
J&J 6 3.75

Pinellas Co ref highway 4b
Polk County 5s July 1 1940
St Augustine ref 4s 1967
New refunding 3-5s

.

100

_

6 2.00

St Johns Co Road 5s 1946
Road 5 Ms 1944
M&S
St Petersburg—

3.60

107
2.75
2.00

3.50
103
1.50 %

—

82

85

71

106

74
108

106

109

Refunding 3-5s Oct 11972
76
Suwanee Co Road 5 Ms 1946— 6 3.90
Tampa—
5b June 1955 opt '25
J&J
99
5s W W Purch '40-72.F&A 6 2.00
4Mb Impt 1947
J&J
104
Ref 4s 1943-1965
M&S 101

78
3.75 %

___

103

bo

Connecticut,




Earm loan 7s 1950—M&S15

Farm loan 6s I960.—J&J15
6s July coupon on I960..
Farm loan 6s I960—A&015
6s Oct coupon on I960...
6s A int ctfs 1938—A&015
Central Bank of Germany—
6s A 1952
.F&A
6s series B 1951
A&O
Chilean Cons Municipal LoanExtl s f 7s 1960 ser A—M&S
7s assented 1960
M&S
Chili (Rep) ext 7s 1942.M&N
7% assented 1942
Extl 8 f 6s 1960
A&O
6s assented 1960
Extl b f 6s Feb 1961—F&A
6s assented Feb 1961
Extl s f 6s

%

_

-M&S

6s assented Sept. 1961...
Extl Ry ref 6s Jan 1961-J&J
6s assented Jan 1961
Extlsf 6s 1962
M&S
6s assented 1962
Extl s f 6s 1963
M&N
assented 1963—
Chili Mtge Bk 6 Ms '57 J&D31

6Ms assented 1957
8 f gu 6 mb Jne 30*61 J&D31
6Ms assented 1961..
_

West Palm Beach—

Refunding 2-5s

---

to 3.85

107

Ceara (Brazil) 8s 1947—J&D
Cent Agricul Bank (Germany)

Sept. 1961

100

62

b Basis

78
87

r.

/Flat price,

k Last sale,

n

Nominal.

53

M&S /

75M
21
16
16

14

14
101 %

57%
105%

s

f 6 Ms 1959

Ext s f 8s 1952
1955

Municipal Loan
M&N

Denmark ext 6s 1942
J&J
Ext 1
5Ms 1955
F&A
Trust rets 4 Ms 1962
A&O 15

60

59%

61X

60

62

41

43

51%
40

1254

14

m

Voh

5 Ms Cust Adm
1940—A&O

2nd ser 5Mb
1940—.A&O
Ciwtoms Administrations—

5 Ms of *26

70 m
70m

ext 2d ser 1969

Dresden (Ger) ext 7s *45 M&N
;
Duesseldorf 7s to 1945—M&S
/
Duisburg 7s to 1945—M&N /
El Salvador
(Rep)—8s A 1948

15

35

1939

A&O f

—

Extlsf 6Ms 1953
French Government—

A&O f
-A&O /

GermanVxtf7as™49stam6pA&6 *
7s
"Coinm "Bks
(ConAgrIx>an)6Ms*58 j&D

/
f

Graz(Mun)Austria

16%

Guatemala 8s
Haiti

15%

13

15

10

25

1

3

6s

1968.._F&A/

1948—..M&N/

/Pep) 6s extl
1953

35
35

13
15
14

14"
14

a&o

14
14 m

14

'14"
14"
15m
13 m
17 m
13%

EAA f

2nd series 1949—F&A
/

tt

Helsingfors (City) Finland—

8m
5m
n%
8
2

15%
19%

&
39

Mtg 7Ms 1961 ser A..m&N
f
7Msjeiser B($bds)M&N
l^ry (King) 7M« '44.f&a
f&a

11%
7%

20

20%
8%
7
11
9

2M

20M

18%

/

23

20

10M

20

8

7%

7%
25%

69 1960.M&N

(Kingd) extl 7s *51.j&d
Prestito Redimibile 3
Ms

108

10

7rh

Ste.h
Italy

16M

23 %

Extl s f 6mb 1960
a&o
22%
Hessen.
See Munich Bank
Hungarian Cons Munic Loan
■
f 8 7Ms 1945
j&j /
Extl b f 7s
Sept 1946—J&J/
Hungarian Land Mtg Instit'n

4M% to 1979

15
49
44

70

Heidelberg (Germ) 7Ms'50J&J /
ei enw Hepubhc (Greek)
^afc Works 8s 1952 a&o /

Ext at

15

*90

Hamburg (State of)
Germany
Gold

15

iV

13m
13 m
13 m
13 m
13 m
13 m
13 m
13 m
13 m
13 m
13 m
13 m
12 %
12%
12%
12%

18
12 M
12M

1952.A&0

1957

13 m
13 m

12H

08^1946
a&o /
8%
Hanover (City)
Germany 7s*39 / 11%
Hanover (Prov)
Germany—

14M
13%

"72"

12*

25

5

73
73

12

&

10

"7%

76

100

15x

6

72
72

12

112
108M
103M

/
German Cons Munic 7s'47 F&a
/
Cons munic 6s
1947—J&D /
German Govt Internat—
5Ms loan of 1965
J&D /

Prov

Si*

M&N/ 11M

7s ext of 1949
stamped.J&D
7s plain 1949--—

Scrip
German

10
64

12

^•anWwtnon-Main (Germ)—
7s

8s'54M&N
Gt Brit &
Ireland—See British
Greek Govt s f 7s 1964—M&N
/
7s part paid 1964
M&N /
Sink fund 6s 1968
f&A /
6s part paid

25

15m
12 X

70
70
11

Certificates of deposit
/
W*
Estonia (Rep of) 7s.
42
1967 J&J
gniand (Repub) 6s '45.M&S 42 m
78 1940
7b 1941-1945

43%

*70

5 Ms of *22 ext 1961
2d series 1961
5 Ms of '26 ext 1st
ser 1969

16X

12m
12 m

.

71%

unstamped 1949

13%

55

63 m

Conversion Offer—
Funding 3s 1946

61

10

49

38m
r\
,1953—._—
F&A
Danzig Port & Wat Ways Bd
Extlsf 6Ms
6
1952—..J&J/

r.

W

13%

B-A&O

ser

}4m
10

75%

13 X

erman

58 h

lOlM

57
102M

_

7Ms ext 1941
stamped J&D
7 Ms plain 1941

60

16

—

39%

5 Ms

9

50

Certificates of deposit
Ext) sec 7s 1948
J&D

112

100

79
89
88

'

Cauca Val (Dept of) Colombia
7 Ms 1946
A&O

118

Road bonds 5s July 11952—

14

F&A./ 78

f 4s $ bonds 1984.J&J

62

51

\lV°

7Ms 1949 /

Czechoslovak Republic—
Ext s f 8s 1951
ser A..A&O

76%

.

62 M

55

_F&a

79m
81m

Sec s f 7s 1967
J&J
Stabil loan 7 Ms 1968.M&N
Caldas Exts f 7Ms 1946—J&J
Certificates of deposit
Call
(Colombians f 7s '47.M&N
Callao (Peru) 7Ms 1944—J&J
Carlsbad (City) s f 8s *54-J&J

to 2.25

6 2.00

s

22

Bulgaria (Kingdom)—

112

6 2.00

M&N

44

37X

J&J 15 102 M
5MsPubWksJune30*45J&D / 75%
"

76

Extl

119

80

7X

Readjust 4M-4Ms '77.M&S
Ref b f 4%~4%b '76.—F&A
re-adj4M-4Ms '76A&0
Ext re-adi 4M-4Ms'75M&N

to 3.15

102

76
85
5

M&S
A&O

6Ms stamped 1961
Scrip

16m
16m

76

_

"35"

75

M&N /
M&N /

°Pfc

fxt1 sf5Ms *53

4

14

10

bud'pesmoityjesj'n'socoup^

35

30
35

F&A

17

36

Buenos Aires (Prov)6s*61 M&S

76
112

/
f
/
/

Ext 4ms
1977——J&D
Ext g 5s11949

21m

16%
15m
15m
21X

40

30%

43

f 7s 1951

§53 ?,4X8 49

'30M

35

0u£a ,(Rep) 5a11944—M&S

3%
3%

19 m

J&D

Victory 4s due 1976
Brit Hungarian Bk 7 Ms 1962

70
120

74

Duval Co School District
No. 1 6s 1940-1955— A&O 6 1.00
Escambia Co 6s Aug 15 1951100
Gainesville 5Ms July 1940— 6 2.00
SMs July 1941-1975
6 2.25
Hillsborough Co 5s Oct 1 1943 103
Hillsborough Sch Dist No 4109

Tax free In

J&J
M&S

-

Special Tax Sch Dist No. 2
Ref 4s 1956-1967—M&N
99
Ref 3Ms 1940-1947.— M&S
100
Duval Co Road 5s 1955
A&O 6 3.05

•

4m
3m
3k
3m

6s 1940M&S
Brisbane (City) Australia—
30-yr b f 5s of 1957
M&S
S f 5b 1958
F&A

to 2.10

1

V

Funding 5s 1951

35
4%

Funding 5s 1931-1951.A&0
Funding scrip
Bremen (State) 7s 1935--M&S

to 2.10

110

28

"

6s 1940
A&O
Brazil 8% ex 1941
J&D
7s Cent Ry elec 1952..J&D
Extlsf 6Ms (1926) *57.A&O
Extlsf 6 Ms (1927) *57.A&O

to 1.10

65
116

20m

-A&O

Extl 7s 1958
Extl sf 7s 1969

1.75
to 1.85
to 1.80
to 1.90
to

19m
35

British 4b 1990 opt *60. _M&N
War Loan 3 Ms of 1932

Ref 3-4 M-6s Jan 1 1964

sec s

Danish Cons
13

it*

7s Oct 1947

to 1.90

WO

C<fta1949 Pac Ry
Ema
5s

"22"

Certificates of deposit
Bolivia (Rep) Ext 8s '47 M&N

to

1.25

99 %
93 %

Extl b f 6Ms 1947
A&O
19m
Bogota (Mtge Bk) 7s May '47
26
Certificates of deposit
/ 22

to 1.25

1958

J&D

.

a&C 6 0.50

5s

99
90
103

6s June 15 1958

1.75 %

FLORIDA

1952-1953.

43<i«..»

Certificates of deposit
to

4s 1942-1948

Refunding 5s Jan 1 1964—
Miami Beach—
5 Ms 1940-1950
M&N
Ref 4Mb non-opt 1947-56—
New Smyrna—

—U

9
17

76

Ctmchnamarca Dep (Colombia)

A&O / UK
J&Di /
Bogota (City) extl 8s *45-A&O

.00

4s 1940-1941

5s

/ s

Extl Bf 7s 1955
Berlin 6Ms 1950.—-

%

to 1.35

5s July 1 1941-55.

mhairen 5a Juno
Ulif

%tl

M&n
„
g 4 Ms 1953
Cordoba (City)
Extl s f 7s 1957
F&A
7s stamped 1957
External s f 7s 1937—M&N
7s stamped 1937
Cordoba (Prov) Argentina—
Extl s f 7s 1942
J&J
Costa Rica
(Republic)—
Ext

15
16 M

40

«.

M&N /
Certificates of deposit... /

Belg Govt extl 6 Ms 1949 M&S
External s f 6s 1955
J&J

to 2.30

f 22
/ 72

_

Extl

to 2.30

of deposit

29%

Funding 4s Jan 1 1946
Colombia Mtge Bk—
20-yr s f 6 Ms 1947
A&C / 26
Certificates of deposit
/ 18
Sinkfd 7s(of 1926) *46 M&N / 26
Certificates of d<
* 10
Sinkfd 7s (of 1927)
Certificates of deposit... / 18

*U

A&O/

A&O /

Certificates

30

A&O 6 1.25
A&O 6 0.30

5 Ms 1945 1950
6s 1940-1950

M&S

s f 7s 1951
.J&J /
Bank of Colombia 7s *47.A&O /

ft

Jacksonville—
5s Jan 15 1941-45—J&J 15
5 Ms Jan 15 1941-45.J&J 16
Refunding 2.60s Jan 1 1957
Lakeland new refunding
Water & Light 5Ms 1940-50
Leon County 5s July 1 1940---

6%
12

"JE

13 M

13%

Government—

Cologne Germ*y "gmvooim&s / 11%
Colombia Rep 6s 1961 -J&J/
29%
Certificates of deposit
f 22

to 3.00

6Mb 1940-1944.--— J&J
0.25
Sussex Co 6s 1941-1970
J&J
0.50
4mb 1940-1953
a&o
0.50
Wilmington—
4mb Bldg Con '53-*62 M&S 6 1.75
4Mb 1940-1958 (g-a).-a&0 6 0.30

_

90
90

Baden extl

to 2.00

DELAWARE

Coral Gables—
New refunding 2m-5b 1977.
Dade Co 5s Oct 1947-54.A&0

86

to 1.75

to 1.50

_

1955.J&J15

to 2.25

4Mb Mar 15 1940-49—M&S 6 0
West Haven (School Dist)—
♦4Mb 1940-1956
M&N 6 0
Windham (Township)—
4s 1941-1952
J&J 6 0
2Mb 1940-1953
—J&D 6 0,

Brevard County School Tax
Districts No. 1 & 4 RefundColumbia Co Road 68 1955

6s stamped 1931

81M

to 1.25

5s 1947-1949

83 X
83 m

Extl 4Mb 1956—-M&N
Austrian Govt 7s 1957
J&J,

2s Relief 1940-1944—M&N 6 0,
West Hartford 4mb 1943 J&D

New Castle Co—

It*
iK
25K
II*

Australia (Commonwealth)—

Stamford

2M« April 1 1940-1947
2Mb April 1 1948-1957
2Mb April 1 1958-1966
1mb highway 1941-1979._J&J
Kent Co 4mb 1945-1950-M&8

25
15
25
15
25

69

Extl 5s July 15
Extl 5s 1957

6% notes 1931
Chinese

15

53

_2% Treasury notes 1948—
to 2.25

Stamford (C) 4s 1942

1962

Oct 1961

S f extl loan 4s Feb '72.F&A
S f extl loan 4s Apr *72. A&O

to 2.25

.75

69

Ash

12%
12%
/ 12%
/ 12%
J&D / 13
J&D / 15%

28

Antwerp (City) extl 5s *58 J&D
Argentine Repub—
4mb s f extl loan 1948.M&N
Extl s f conv 4Mb *71-M&N

to 2.75

.50

6s assented

_

Extl

1.75

New London—

3

35

Bid

Chili Mtge Bk (Concluded:)—
S f gu 6s 1961
A&O /
6s assented 1961..
/
6s 1962
M&N

35
35
35

_

to 1.90

Bonds

35
32

...

6 0,
6 0,

4Mb Funding 1940-*48-J&D
1MB 1940-1918
J&D15

1MB 1941-1954

32

_ _

to 1.10

or

Ask

rOREIGN GOVERNMENTS
AND CITIES

2.00
1.75

Manchester *4%a1940-44M&N 6 0.
Merlden 1Mb 1940-1943.-J&D 6 0,

ls

Bid

Bonds

Hartford (School District)
♦4M8 Northeast 1959. J&D
*3 Ms South Sept 1955-M&S
Hartford County—

_

Yield Basi,

or

Ask

6 0.

93
the date of issue

Yield Basis

or

Bid

Metropolitan District
2 Ms Wat Sup '4077M&N
2 Ms 1940-1978
-J&J

BONDS

possible for the closing day of the month preceding

"30"
95

70M

24

Specified

75"

18

25
20

Pub wks ext 7s B*47 m&S
Pub

70

71M

50M

52M

S f 6 Ms 1954
Extl b f 5 Ms

79
57

81
58 M

unspecified

—III"

Ital Credit
Consortium

for"

^

Util Credit s f 7s'52J&J
Japanese Government—

f&A

1965——THAN

Oriental Dev Co 6s'53_m&S
Orient Dev Co 5Ms'58M&N

54

55 M

51%

51M

STATE

94

MUNICIPAL

AND

quotations for all securities are as near as
To
Net

or

Bonds

Ask

Cities (ConclA

23

LWYV^UI?58...M&S f
of deposit--- f
Oertificates

Lower Aust (Proy)7 Ms 5W&D
Luneberg (City) 7s 1948-M&N

9%
8%
f 10%
f 12

11

11%

9M

Silesia

f
f
ors 1954
..——J&D /
Oertificates of deposit— /
Mendoza (Prov) Argentina-7 Ms extl s f 1951
J&D
Stamped
--J&D /
¬

1954-J&D
Metrop Water Service—
4s extl readj $ bds

14

—

81

76
74M

—-

MSif
1945
5s assented

1946..
----

*

1%

ff X%

1

^ ""lM
%

-

1M
1M
49 M

48

6Ms 52-A&O

/
8%
8%
Extl 6Hs 1959 ser A--M&S f
Montevideo (City) 7s 52-J&D f 44 M
Extl ■ f 6s 1959 ser A.M&N / 41%
/ 35
Mtge Bank of Demnark—
39M
Exch s f 5s 1972 ser IX J&D
Municipal Bank—
/ 12
Hessen 7s. to 1945
F&A
National Bank of Panama—
4s ser A & B 1946-1947
/ 58
4s ser O & D 1948-1949
/ 50
New South Wales (Australia)88 M
6a extl s f 1957F&A
88 r
Extl s f 5s 1958. .——A&O
Met Wat Serv & Dr Board

s

:::

15 M
86

89

36 M

38M
53 M
17 M

52

16 M
52 M
52M
52 M

50

19

49 %

f
38M
35

42%

8M
5M

~~8M

5

Westphalia—See Prov Bank
Wurtemberg 7s to 1945.M&N

12

55M

.J&D

57

CANADA

—

(American Dollar Quotations)

_

A&O

S f 5 Ms1950

—
«...

------

90
90
70
65

Norway ext 6s 1943---.F&A
External a f 6a 1944—F&A
is extl sk fd 1956—M&8

4)48 extl sk fd 1905—A&O

65
Sk fd ext: 4s 1963
F&A
Norway Municipalities Bank
Guar a f 5s 1970------J&D
76
Nuremburg extl 6s 1952.F&A / 11
Oldenburg (Free State) 7s 1945 / 12
Oriental Devel—See Jap Govt
Oslo a f extl 4Ms 1955---A&O Panama (City) 0 Ms 1952
/ 45
Panama rRep)ext5Ms'53 J&D/103%
M&N /
Extl a f 5s 1963
Stamped
/ 69 M
30

f
9M
7a 1958- /
Brazil
M&S/
Peru sec a f 7s 1959
M&S / 10
9M
Nat Loan extl 6s 1960-J&D /
9M
Extl s f 6s 1961-—A&O /
8%
Poland (Rep of) 6s 1940-A&O /
7
4Hs assented 1958—A&O
Stabilization s f 7s 1947 A&O / 13%
7%
4Ms assented 1968--A&O
6^o scrip
Parana (State)

.

Brazil

Dominion of Canada

90%

—

91

—

86MI

67
85

17%

I04M
80

79%
40

10M

J&J /

1963
J&J
Dollar funding 3s 1956-A&O
Porto Alegre (City) Brazil—
Sinking fund 8s 1901—. J&D
S f 40-yr 7Ms 1960
J&J
7a 1968
F&A
Prov Bank (Westphalia) 6s '33
4 Ms assented

-

6s 1936
5s 1941

-

/

/
/
/

7
6
5
8

8M

7M
/ 13
/ 10
8
/

Prague (Greater) City—
7 Ms loan of 1932-52.-M&N / 11
Prussia 6H» 1951—-M&S 15/ 11%
6a 1952
A&O / 11%
Queensland (State) 7a *41 A&O 100%
95M
Ext g 6s Feb 15 1947 F&A15
7%
7H
Extl s f 6 Ms 1953
F&A /
7%
«Ms 1959
/
7
0a 1933—
/
Rio Grande Do Sul (State)
Brazil ext a f 8s 1946—A&O /
8
7s extl a f I960.—-M&N /
8
Extl a f 7s 1967——J&D /
8.
Extl a f 6s 1968——J&D/
55%
Rome extl s f 6M» 1952—A&O
Rio de Janeiro 8s 1940—A&O /

—

Roum&nla (Monopolies)
Institute ta 1959
F&A /
Feb 1937 coupon paid
/
ussian 6Ms June 18 1919—. /
1921
5H% ext loan D*
aar bracken

Extl

■

f 6s

>

8%
7%
%
%

J&J /

12

/

l8%

14%
12%

102.,
97%
8%
8%
8%

9%
9%
12%
9%
60

—

Oatharina (Brazil)-8a 1947
F&A/
in Paulo (Brazil) State of—-

7M

8% external loan 1936.J&J / 15M
Extl 8a 1950
J&J /
9M
Extl 7a 1956
M&S/
8M
Extl s f 6s of 1928. 1968 J&J /
7M
Sec a f 7a 1940
A&O / 29M
inta Fe (City) Arg Rep extl
7a 1945.
A&O / 76
4a 1945 stamped-——-A&O f 75
jata Fe (Prov) 7a 1942-M&S / 97M
4a Stamped 1942——
80
4s 1964
74
-

ntander (Dept) Colombia
Extl a f 7a 1948——-A&O

8 Basis,

f Flat price,




/ 19

k Last sale

55
55

57
37

54

53
53
53

55
55
55

53
96
96
99

94

5s ■ f 1955 & 1960—-A&O
Halifax N S 4s July. 1945
5s Jan, 1951
J&J
Hamilton—
4s Elec L & P1941
A&O
Lachine P Q 5s 1954
J&D
Manitoba (Province of)—
Debenture 6s 1947
A&O

73
80

90

90

100

80

85

83

87

93

72

73

8%

9%
9%
9

30%
79

76

84

81
85
80

89

84
80

J&D
J&D
-J&D

90
83

84

5^s 1942—
—M&S
S F deb 5%b 1958——J&J

89
83

M&N
F&A
J&D

81

85

76

J&D

71

79
79
75
75

76

-F&A

70
82

85

87
81

89
84

81

84

4 Ms May. 1954

78

95
80
80
81
81

M&N

105

106

1950
M&N
1952———J&J
Debenture 5s I960——J&J
4Mb 1955——
M&S
4
I960
A&O
4Mb aon call 1958-M&N 15
4Mb s f Apr 15.1901 A&015
Debenture 4s 1947—M&N
Sf deb 3 Mb 1948
A&O
3 Mb sf deb 1946
J&J
3s s f dsb 1941————J&J
5-yr 3% debs July 1 1944. .
10-yr 3M% debs July 1 1949
North Vancouver 5s '60--J&J

85
85
95
93
93

89

78
75

t

75
78

>

Commissioners—

20

Nova Scotia (Province)—;
Deb 5s 1960
M&S
Deb 4Mb Sep* 15'52 M&gl5
Deb 4Mb

n

Nominal.

1960

M&N 15

66

90

93
97
93
92
89

94

90

89
86
80
80
92

91

to

...

5s Water 1941-1951

90

94

85
85
85

89
88
88

—

—J&D

85
95

to 2.00

&2~50" "2.25

—

6 3.50

....

6 2.20

to 3.75

2.00%

J&J 6 1.25
—J&J 6 1.25

to 2.25

6 1.25

to 2.25

6 2.10

2.00
2.25

4MB 1940-1950
Ref 2 Ms 1940-1967—J&D
Augusta 4 Ms Flood '42—M&N
Bibb Co 4 Ms 1948-49—M&N
Chatham County
'
Road 4 Ms 1940-1949-F&A
Clarke Co 5s 1941-1944— -J&J

6 2.30

6 1.25
6 1.25
Columbus 5s 1940-1944—J&J 6 1.25
Crisp Co 5s '40-'57
F&A 6 3.00
Dougherty Co 5s '40-*48 M&S 6 1.00
-

Muscogee County
Road 4Ms 1940-1956—A&O
Pulaski Co 5s 1940-1948—J&J
Savannah 4Msref 1943—J&J

1.25
1.50
1.50
2.00
2.50
1.50
1.25

4Ms Drainage 1944—F&A
4 Ms Refunding 1959—F&A
2 Ms 1943-1967
J&D15
Spalding Co 5s 1941-'49—J&J
Swainsboro 6s 1940-50--A&O 6 2.50
Jan 61.25
Ware Co 5s Road 1940-49 J&J 6 1.25
Woodbury 6s 1940-1949-J&D 100
Valdosta 5s 1941-1942

IDAHO
4Ms ref 1940-1945
4s ref Jan 31 1941-1941

to 2.25

to 2.25

to 2.20

to 2.10
to 3.25

to 2.75
to 2.25
to

2.60
1.25
1,75

to
to
to
to
to

to

2.25
2.25
2.50
3.00
1.50
2.50
105

A&O 6 1.00

to 1.50

Amer Falls Reservoir Dist—
6 2.50
6s Oct 1 1940-1944
Boise City 4 Ms 1951.
J&J

to 3.00

f.

Boise City Ind Sch Dist No. 1

Sf deb 5 Ms
5 f debSMs

inta

-

89 M
103 M

87 M

New Brunswick—

/ 16

5s 1940 & 1941 var
5s 1945 & 1946 var—
5s 1950 & 1951 var
6s Jan 15 1970
J&J14

89
88

103

4Ms Jan, 1944
—J&J
4 Ms 1940-1951
A&O 15
4 Ms June 1, 1971
J&D
4s May 1,1944——M&N
Metrop Co 4Ms *53,'54&'61
4Mb May 1. 1965—-M&N

14

scrip

75
72

88

87
85

93
77
78
78

1969

4.25
91

Appling County—

53
51
94

5s Nov 1.

99

90

Road 5s 1949-1953
Athens 4Ms June 30 1943
Atlanta—

J&D

Harbor

125
to

100

84

95
90
90

22

80

97

100

97 M

4%b 1940-1940
J&D 29
4%b 1947-1956
-J&D 29
4%8Bt deb Jan 23 '69 J&J23
Calgary 5s July 1,1945—J&J
Edmonton (C) 5s '45&'50A&0

Me

80

92

103

86

55
55

3 Ms sf deb 1949

80
78

101M

81M

Montreal 5s Dec 1, 1945-J&D
5s g f Nov 1, 1956
M&N

9

to

108
115
102
102

63

96 %

53

—

to

101

Albany 5s 1945

—A&O
4^s Jan 15,1957
J&J
4%b July 16. 1958
J&J
4%b Apr 1, 1961
A&O

—

to

60

Toronto 6s 1940———..J&J
5s 1940-1950.—J&J
5s 1950-1959.
J&D
4Mb 1940-1945—
A&O
4 Ms 1946-1961
A&O
4s £ July 1 1948
J& J
3Ms July 1 1944—
-J&J
Vancouver. (B C)—
5Ms 1952
—F&A

4 M« ref 1940-1945J&J 6 1.00
2s Highway Pef Mar 15 '47—

56

4%b 1945
43^8 1951
4%b 1956
4s 1957

to

72

82

54

5s 1959

85
94
105

*

67

M&S
M&N15

81M
86 M

56

5s 1943
5s 1944

8

87

63
63

-------

4 Ms Mar 15 1960
4s Nov 15 1957

80
84

Brit Col (Prov) 5s '48--J&J 15
5s Apr 25. 1954—A&O 25

80

69

84

Deb 4 Hs 1950

10%

80

68

79 M
86

J&D

10L
97 M
97 M

(non-call)——M&N
4Mb July 2 1945
J&J2

82 M

76

56
56

4Hs Junel. 1967
Debenture 4s 1954

Hydro Elec Pow Com—
90
4Mb Jan 1. 1970—J&J 2
Ottawa City 5s *40 '45
J&J 102
6s Munic Imp *40-'50—J&J
102
100
5s July 1. 1940-1950—J&J
100
4Mb 1940-1944
J&J
4 Ms
99
1943-1960
J&J
Quebec (Province)—
76
8-yr 2 Ms 1944
M&N
75
15-yr 3s 1951
M&N
77
3 Ms 1949—
J&J
77
3 Ms sf deb 1952—
J&D
89
3Ms,s deb.,1953
J&J
94
4 Ms 1961
——M&N
5 F 4 Ms 1946100
J&D
97
4Mb 1956
—J&D
3s serial July 15 1940-1959— 6 2.00
Quebec City—
88
5s S F (non-call) 1960-M&N
Saskatchewan (Province)—
72
5s 1943 (non-call)— J&D15

78M
78
70M
84 M

76M

4%b Jan 15. 1942—J&J 15

8%
8%
6%

95M

68
84

82 M
93

92

54

11

99
95 M

4Mb 1942 and 1987—F&A
Verdun deb 5s 1954
Winnipeg. Man 5s 1944.-A&O
4Mb non-call 1944—M&N
4Mb June 1 1940
J&D
4 Ms June 15 1960—J&D15
4s Aug 1 1946-.—..F&A15
GEORGIA

54

5s 1950Gold 5s 1959—

2

8a ctfs of deposit 1948--. /

8a 1948-

81M
93 M
83 M

A&O 15
A&O

10M
9*A
95A

(Mtge Bk) 6s ser A '47 J&S / 10
6sseries B 1947A&O/ 10
ilvador 7s 1957—
-J&J /
8M
Certificates «' deposit—/
7%
4s

80 M

81M
80 M

-

Hrr.a^y

1953—

81

78
78 M
79 M
92 M

1% notes 1941....—-M&S
lMs 1942
—M&N
2s 6-year 1944
J&D
2%b Jan 15 1944
J&J
8-yr 2 Ma 1943
J&D
7-yr 2 Ms 1944
M&N
10-yr 2 Ms 1945F&A
20-yr 3s 1955
-J&D
3s 20-year 1958
J&D
3s perpetual
_M&S
3s Jan 15 1967.
J&J
30-yr 3s Nov 15 1968.M&N
14-yr 3Ms 1951—
M&N
25-yr 3%b 1961 opt '56 J&J
15-yr 3Ms. 1949-A&O
20-yr 4s 1952
A&O
30-yr 4s 1960
A&O
15-yr 4Ms 1940
M&S
Refunding 4 Ms 1944.A&O
5s Nov 15 1941——M&N
Refunding 5s 1943
A&O
5s May 1952
M&N
Alberta (Prov of)—
Gold 5%b 1947
J&J
Gold 5Ks 1952
A&O
Gold 5s 1948
J&J
-

72

Pernambuco (State of)
Extl s f 7s 1947—

External 8s 1950

—

W :::
Wi

101
101
102

4MB 1955

43 M

41

5

-

F&A

6s 1959

Venetian Prov Mtge BankS f 7s 1952 ser A
A&O
Vienna (O) extl 6s '52—M&N
Warsaw (City) 7s 1958.-F&A

4%s assented 1958-—-F&A

—-

48 %

48 M

Yokohama extl 6s 1961

"54"

99

99

100

80

Warsaw (Land M Bk) 8s 1941

~"X9%

May 15.1940-43.M&N 15

92

105
101M
101M

100
100

v

Net

105M

104 M

89
103

2 Ms 1944

47 M

or

Ask

77
77
83

12

45 M

external conversion 19793 34-4 M-4 5-16 % extl
Conv s f of '37 1978-J&D

4-4H-4%% extl readj

M&N
M&S
4Ms Jan 15. '41-*47-J&J 15
4Mb Jan '15 '48-'57_J&J 15
4 Ms 1940-1970—.M&N 15
4s 1941
M&N
4s May 15.1944-57-M&N 15
4s May 15.1958-68-M&N 15
Debenture 3s 1950
M&N
Debenture 3s 1949
J&D
2s 1940
F&A

47 M

1937-78
F&A
3%a extl re-adj 1984—J&J
Conversion scrip

%
%

f
f

f 6s 1964-——M&N

bonds

Treas 0 % notes

£20 pieces
£100 and £200 pieces-- -

—-

%
%

£100 and £200 pieces—— f
23 ext to '33

s

3%-4r4%% ($ bds of 1937)
external readjust 1979
3M-4-4M % (8 bds of 1937)

%

4s of 1904-1954J&D I
4s assented 1954..--J&D /
Extl ,4s of 1910 (£20 pieces) f

Milan (Italy) ext

Sydney (City) N S W—
25-yr s f 5 Ms 1955
F&A
Tokyo (City of)—
5s of 1912-1952——M&S
Extl s f 5 Ms 1961. ——A&O
Tolima (Dept of) 7s '47-M&N
Uruguay 8s ext 1940
F&A
Extl a f 6s 1960
M&N /
Extl

gtd 4Hs

5s 1959
4 Ms 1944—

5

*

(May * 14 coup on) '43 M&N
Stamped assented——

Ontario (Prov) 6s '43—M&S15
5 Ms 1946_J&J

5H

F&A f

To

or

Bid

Bonds

Net

4s

13

\m

.

See New South Wales.

Mexican Irrigation s f

it*

J&D

1st mtge s f 6s 1947

25

8

17U

4Ms assented 1958
J&D
Silesian Landowners Assn—

25

8M

Poland—

Extl sf 7s 1958

16M

13%
10
12M
10

(Prov)

16
20

T7H

Extl sec 6s 1943
M&N
Saxon State Mtge Institution
Sink fund 7a 1945.—J&D
Sink fund 6 Ms 1946—-J&D
Coll sf 6s 1947
_M&S
Serbs Croats & Slov (King of)
Extl 8s 1902—
—M&N
Extl 7a 1962 aer B...M&N

14

f

Certificates of deposit

—

18

Ask

15M
15M
8Vs

Sao Paulo Brazil 8s 1952 M&N
Extl s f 6 %s 1957-M&N 15

31

To

or

Bid

Bonds

foreign Govts. and
Jugoslavia (Kingdom)—
29
Funding s f 5s 1956---M&N
21
2d ser funding 5s 1956 M&N
State Mtge Bk 7s 1957-A&0 / 17
Leipzig (City of) 7s 1947F&A / 11%

Yield Basis

Yield Basis

Yield Basis
Bid

BONDS

possible for the closing day of the month preceding the date of Issue

90 M
92

89

89
98

96
96
92 M
94
92

78
78
80

82

89

92
88

85
p

82
85

20
101
96 M
95

104

98m
98

4 Ms June 301940-1954-— 6 1.50

ILLINOIS
4Ms Serv Comp *40-*43-Aug 1
4Ms Serv Comp '40-'43-Aug 1
4 Ms Serv Comp *40-*44_ Aug 1
4s Highway 1910-1943-May 1
4s Highway 1945-1954—M&S
4s Highway 1955-1958..M&N
3 Ms Emerg Rel '40-'47 Dec 15
3 Ms Emerg Ref '48-*54 Dec 15
Bloomington—
4 M®

6 0.25

to 0.90

6 0.25
6 0.25

to 1.00

6 0.15
6 1.00

to 0.90
to 0.65

to 1.65

6 1.75

to 1.85

6 0.30
6 1.40

to 1.30
to 1.75

Water

1940-1961 opt 1952 M&S 6 1.50

Champaign
5s

to 2.50

Road

to 2.60

County—
1940-1943

M&N 6 0.75

to 1.25

6 0;35
6 1.40

to 1.25

6 0.35

to 0.90

6 1.60

to 2.00

Chicago—
3s 1941-1944—
3s 1945-1948

3s 1957 opt 1941-1942
3s 1956opt 1945-1949
Water Works System—

—

to 1.80

2.25
2.35
1.60

3s ctfs Aug 1 1954-—-—
2 M s ctfs Feb 15 1958-59—
3 Ms 1952 opt
3 Ms 1953 opt
3 Ms 1955 opt

1945—
1940

1.80

2.15

1951
to 1.25

4s 1945-1948-.——

6 0.35
6 1.40

4s 1949-1950

6 1.85

to 1.90

4s 19414944

to 1.80

6 0.75

to 1.25

6 1.65

to 1.90

6 0.25
6 1.65

to 1.50

6 2.10

to 2.35

3 Ms

1955opt 1940
4 Ms 1954 opt 1944
Chicago Park District—
3 Ms 1956 opt 1940
4s 1955 opt 1940-'44
4s 1955 opt 1945-'47
4s 1955 opt 1948-'55

.o

2.25

4Ms 1954
Board of Education—
3s 1957 opt 1941-1943-.
3s 1957 opt 1945-1947-

-

—

to 2.00

t
Feb., 1940]

STATE

AND

MUNICIPAL

BONDS

95

Quotations for all securities are as near as possible for the closing day of the month
preceding the date of issue
Yield Basis

Bonds

Sanitary

District—
4s 1955 opt 1940-'44
4s 1955 opt 1945-'47
4s 1955 opt 1948-'54
Cook County—
4s 1950 opt 1941-1944
4s 1950 opt 1945-1947
4s 1950 opt 1948-1953
Elgin San It D 5s '40-'44.M&N
Evanston S D No 70—
4 Ms June 1
6
1940-1948
Forest Preserve—
4s 1950 opt 1941-1944
4s 1950 opt 1945-1947

0.40

to 2.00

2.10

to

0.60

to 1.50

1.65

to 2.00

to 2.25

1.65

to 2.00

>

1948-1952
Granite City 4 Ms 1940-48 J&D
Jackson Co 4 Ms 1940-40-J&J
La Grange (Village of)—
3s Water rev 1942-08.-M&S
Lake Co 5s Road '40-'49_F&A

2.10

to 2.30

>

1.75

to 2.75

>

0.75

to 2.00

2.00

to 3.00

> 0.75
Madison (Kings H'way Bdg)—
4% revenue 1904
J&D
102
River Forest S D No 90—
4 Ms 1940-1944
J&D b 1.00
Rockford S D No 205—
2.10s 1944-1958
F&A b 1.15
Rock Island (City of)—

to 2.25

Bridge

rev 4s

>

F&A

1964

4s

to 2.10

102

5s
b 0.75

2Ms Dec 1.1940-1958

2.10 %

to

INDIANA
Elkhart 4 Ms WW '40-75 A&O b
Evansvllle 4s ref 1942
J&J
Fort Wayne 4Mb *40-'57-A&0 b
Fort Wayne School Dlst—
5s Oct 1 1910 1943
b
Gary Sch City 4Ms Oct 1943..
Hammon (City)—
4s O H 1942-1950-.-J&J30 b
Indianapolis—
5 Ms Track Elev ,41-,47-J&J b
4s Fire Dep J'ne 1 '41-J&J
4hs
1941-1955
J&J 6
Indianapolis 9 D—
4s Blag Sept 1 1940—J&J
3 Ms July f 1941
J&J

1.00

to 3.50

1.00

to 2.75

1,00

to 1.75

4Ms

1.50

to 3.00

0.50

0.50

to 2.25

ho
%

b 2.60

5s 1951 opt

J&J
_J&J

0.25

less

0.25

4Mb W W 1940-42
6s Gen Oblia 1940
Des Moines Ind S D—

J&D

0.50

J&J

0.50

0.50

Lake

1.30

less

1.50

less

to 1.40

108

102

104
104

to 1,80

b 0.25

Sioux City S D 5s 1941 __J&J

0.50

less
is

Woodsy Co Fund 2Ms,42-,40

0.75

to 1.30

y2

%

Soldiers' Compensation Bonds

1940-1952
J&J b 0.30
4s. 1953-1954
J&J
1.85
'
Kansas City 5s 1942
F&A
1
4 Ms Wat & Light 1944.J&J
4M» Imp July 18 '49—J&J

to 1.75

A&O

to 2.10

>

2.25

to 3.25

105

4Ms W W & Sew '40--54J&J b 0.50
4Ms May 2,1910-67-M&N2 b 0.50

to 2.00

J&J & 0.30

to 2.00

5s

Dlst4Msl94l'54J&J.& 0.30

to 2.00

4s Sept 1, 1940-1953
M&S ft 0.75
4s Highw & Bdge '40-44 M&N
1.50
4s State Pier 1940-1942,.M&S ft
0.75
3 Ms 1940-1951
M&S

1941-1947.J&J b 0.40

to

1.75

Leavenworth Co 5s 1945
McPherson 4 Ms 1945

0.75

Reno Co 5s 1941
Saline Co 4Mb 1945
Shawnee Co 4Mb 1944

6 0.30
b 0.35

to 1.50
to 1.50

b 0.35

to 1.70

b 1.10

to 1.90

b 0.30

to 1.30

101M

102

102

103

102
101
101

102M
101M
101M
102 M
102 M
102 M

101M
102M
102
102 M

3.50
3.50
3.50
3.50

2.90

2.75
3.80

4.00

102

Lexington—
Pub Wks Nat Recovery
4s 1941-1963
J&J b 0.50
City Hall 5s 1940-'55.F&A b 0.50
Louisville 5s 8ch 1902
A&O b 2.50

4Ms Hospital 1951...M&S b 2.30
1965

J&D b 2.60
F&J b 2.60
J&A
2.60
F&A
2.00
Lou W Co 1950.-F&A
2.10
Sewor 1905--.
F&A
2.50
48 Jan 1 1970
J&J
2.55
3 Ms
Ref 1943
J&J
1.40
3s Sew & Park 1941—-J&J
0.60

to 2.60
to 2.90

2.40
2.20
2.30
2.30

is

2.40

3.85

1.90
2.00
2.30
2.40
1.20
0.50

3.75

Paducah—

4Ms w w 1640-1970—A&O b 4.00
Warren Co 4Mb 1941-'59.J&J b 4.00




Portland—
4s C H '40-'45 tax ex__A&0
Portland Bridge District—
3 Ms July 1, 1940-1947
Portland Water District—
4s Funding
1948
J&D
2 Ms Water May 1 1953—South Portland Sewer Dist—
4s
1940-1950.,M&N
WaterviHe 4Ms 1940-50
Westbrook 4Ms 1910-1948
..

Certificates of indebtedness—
3s 1940-1950.
A&O
2 Ms 1940-1951
A&O
2 Ms June &
Aug 15 '40-'52_
2s 1941-1953
.F15&A
lMs 1941-1953
F&A 15
1 Ms 1943-1955
.F15&A
1 Ms
1942-1954
F&A 15

3.90
3.90

4s Annex 1954
4s Parks 1955
4s Mar 1. 1901
4s
1945-1971

3.60

4s 1940-1944
4a 1956-1975
3 Ms March 1945

to 2.50

1.90

to 1.75
to 2.30
to 2.25

%

I
1

to 2.30 %

2.00 %
3.25 %
to 3 00

6 2.25

%

%
2.25 %
2.10 %
to 2.25 %
to

to 0.50

to

to 3.00

to 1.25

6 0.20
6 0.25

to

to 2.00 %
to 1.35

to 2.80

%

to 1.40

6 0.50

to

0.25

to 1.50 %

0.50

to 1.50

to 1.40

%
%
%

to 2.25
to

to

1.50 %
1.50 %

to 2.50

to 2.25

6 0.20

%
%

to 0.60

%
1.75 %
%

6 0.20

to

6 0.50

to 2.00

6 0.50

to 2.00

%

2.25 %
1.60 %

to

to 1.40

2s

2.50

-.,--11.60

ft 0.40

to 2.00.%

6 1.75
J&D ft 2.00
M&N ft 2.10
_M&S ft 2.15

1.90 %
2.00 %

1.65|%
2.05 %

to 2.75
to

0.25
0.25
0.25
0.30

to 1.90

6 0.30

2 Ms

to 0.50

%
%

to 2.00

%

to

a

1940-1949..

to 1.60
to 2.00

to

to 2.10
to 1.25
to 2.25
to 1.69

6 0.25

to 2.00

6 0.25

6 0.20

to

6 0.20

to 1.50

6 0.20

to 1.59

6 0.20

to 1.90
to 1.50
to

to 1.2
to 2.

to 1.
to 1.

A&O 6 0.20

to 1.

Wellesley (Town)—
S

1940-1952
M&S 6 0.15
Winchester 3 Ms 1940-46 .J&J.6
0.15
Worcester (City)—
1 Ms Fundini
h
1940-58—J&J'& 0.15
1M8 1940-1948
..J&J 6

to

.

b 1.25

lMs relief 1940-48
A&O ft 0.15
2Mb Hospital 1940-49 J&J 6 0.15

i.io:%
2.20|%

1.50

to 1.75

to 1.50
to 1.50

to 1.60
to

1.10 %

""

0.15

%
to 2.00 %

1.55

to 1.80

M&SAj0CT5^ to

to 2.20

1.75

6 0.20

1940-1948..J&Dr§^:50

"

to

1.75'%

to 1.50 %
to
to

1.50,%
1.60 %

MICHIGAN
I
5Ms July 15 1941
J&J 15;ft 0.50
1.00 5Ms Oct 15 1941...—A&O 15 ft
0.50
s
1.50 %
Highway 1943
.F&A ft 0.80

less

2.40;%

less

'

—

s

%
%

to 1.69

6 0.20

Walthara 2s
Watertown—
lMs relief 1940-48—.M&N 6
0.15
1 M
4s 1940-1949...
A&O 6 015
H

1
1

to 1.00

M&S 6 0.20

1,^S119i0"1949

Of
/o

1

2.25 %
1.75 %
2.50

to

6 0.15
6 0.25

3 Ms Water 1940-1960.J&D
6 0.25
2s sewage disp
1940-68M&N 6 0.15
1 Ms Relief
1940-1946. A&0!6 0.15
2s 1940-1949,.

2s

1.60 %

to 0.75

6 0.30

M&S 6 0.20

Springfield—

%

2.00 %

to 1.90

6 0.30

3 Ms School
1940-1954. J&J 6 0.20
1 Ms Relief
1940-1946.A&O 6 0.20
2Ms 1941-1969-.
J&J 6 0.20
2s 1940-1944,,
M&S 6 0.20

1.50

%
to 1.40 %

1940-1949....

Somerville—

to 1.50 %

to 2.50

0.60
0.25

3 Ms11940-1942 tax-ex
M&N 6 0.25
2s 1940-1947
J&J 6 0.25
2s 1941-1953
F&A 6 0.25
Methuen (relief and
sewer)—
2 Ms 1940-1953
M&N 6 0.40
lMs 1940-1949.
A&O 6 0.25
New Bedford 4s
1957
J&J

%
%

0.50

0.60

to

2.25 %

to 0.50

Medford—

%

0.50

to

%
3.00

to

—

to 1.50 %
to 1.50 %

A&O 6 0.25

%

to 0.60
...

2 Ms 1942-1969
A&O 6
Lynni 4s Sewer 194O-,50.,M&N 6
1 Ms 1940-1954
.M&N 6
1940-1941
A&0.6
Maiden 2Mb 1940-1958—F&A 6
Ref lMs
1940-1949—.M&N 6

%

1 00

—M&S b 2.00

%
%
%
1.60 %

to 1.50

6 0.20

1.50 %

2Mb 1940-1947
A&O
2s 1940-1949,..
2 30 %
A&O
lMs
1940-1944
A&O
3.25 Newton 2 Ms 1940-1969,. A&O
N th Adams 1
Ms 1940-49M&N
2.30 %
Northampton! Ms '40-59 F&A
PIttsfield 4s 1940-1944...J&D
2.20
2Mb Dec 1 1910-1955.-J&D
Ref 14*s
1940-1949.—A&O
2.00 %
Qumcy 2Ms 1940-47
A&O
2.00
lMs 1940-1949
M&N
Reading 1 Ms 1940-58 M&N15
Salem I'Ms
2.50 %
1940-1948—- M&N

2 00

M&S

to

to

„

3M8 Refunding 1952
J&J b 1.60
3Mb Sewage Impt '80-A&0;6 2.45

to 2.00

6 0.25
6 0.25
6 0.25

%
%

1940-1947...A&O 6 0.50

t

to 2.30

to

..M&S ft 1.20
4s Regls'd stk 1940-57 M&N 6
1.50

6 0.25

Lunenburg Water District—

Annapolis 4Mb W W *42.A&O

4Mb Mar 1, 1940-'55-.M&9
4s Aug 1. 1951
F&A

to 2.25

Lawrence (wat h'way &
b'dge)
2Ms 1940-1958
J&D 6 0.40
Lowell 2 Ms 1940-1947
J&J 6 0,40

to 3.00

to

5s Gen Imp 1943-45—_M&9 6
1.10
5a Water 1961
A&O
5s registered 1946
M&S

to 2.50

6 0.30

1% relief 1940-43.-M&N15
lMs water 1940-58...M&N
Haverhill 1 Ms 1940-1951 J&D
Holyoke 4s 1940-1950.—A&O

to 2.70

ft 0 75

A&O 6 0.40

to 2.59

0.50
6 0.50

Framlngham—

to 3.00

to

2.50

6 0.30

3.30
2.75
3.90

ft 0.75

0.25
0.25

to 2.50
to

to 1.50
to 2.25

M&S

2.75
3.90

2.60

ft 1.00

6 0.50

F&A 6 0.25
F&A 6 0.25

2Ms 1940-1908—M 2 & N 2
4s 1940-1955
(tax-ex)_M&N

MARYLAND

Baltimore—
5s 1940-1961

(s Jan 1

1970
Sewer 19Q9_.
Sewer 1947

Old Town Water District—
4s July
1952-1958....J&J

_

3.75
3.80
3.80
3.80

100

2s Improve'mt 1940-56 ..A&O
ft 0.75
Augusta 4s Oct 15 1940-19550.75
Bath 4s Ref 1941 tax-ex.J&D
ft 2.50
Belfast 4Ms Ref '40-'50 M&N ft
3.50
Brewer High Sch Dist—
4 Ms 1940-1945
M&N ft 1 00
Kennebec Water District—
4s Ref May 1, 1950.-M&N ft

103

Ashland-—

/ Flat price.

ft 0.75

1.50

to 2.50

6 0.50

lMs 1940-1959
..J&D 6 0.30
1 Ms Relief
1940-1948. .J&D 6 0.30
Fall River 2
Ms 1940-1940 J&J 6 0.30

_

MAINE

H'way & Bdge '40-'54. A&O

to 2.25

.75

lMs 1940-1948
M&N15 6 0.15
Everett 1 Ms 1940-1941.. J&J 6 0.25

1

2s G & E

F&A b 0.30

J&D

107

Tensas Basin Levee District—
5s Jan 1957
J&J b 3.70

1

1940-1959

Chicopee 1 Ms 1940-1959 M&N
Easthampton (hi'way & relief)

3.20 %

1.50

5s Dec 1, 1940-1969—J&D ft
0.50

to 1.90

Board of Education—

Owensboro 5s Sewer

%

Shreveport—

4Ms,

Ms

1 Ms 1940-1940
1 Ms 1940-1942
Chelsea 4s 1958

to 3.50 %

0s 1944
M&N » 2.85
58 July 1968
-J&J b 4.00
Red River A & B B District
5s 1950 Series B
A&O b 3.40
5s Mar 1953
opt 1943-M&S b 3.00
5s 1965 Series D
F&A
4.00

KANSAS

Ref

%
%

to 3.00

%
0.60 %
1.50 %

to 2.25

1.25

0.50
J&D
F&A 6 0.50
F&A 6 0.50

1940-1949,——
M&N
2 Ms 1940-1949,
M&S
Cambridge 2s 1940-1958.A&O

Pentchartrain District—

to 1.75

T—J&J

4Mb School Jan 1 1941-09—
Henderson County—
4 Ms R&B Oct 1 '40 -'50 A&O

to 3.10

•

to

6 0.25
J&D 6 0.25

Is

to 3.30

%

to

6 0.20

Braintree 4sl940-1941,—.J&J 6 0.25
Brockton 1 Ms 1940-'48_.A&0 6 0.20

Plaquemine Parish E Bank
5s Oct 1952

to 0.20
to 0.60

J&J

_

Orleans Parish Sch Board—
5s 1940-1944
J&D
5s 1945-1967
J&D

to 1.40

%

101M

102

to 1.40

2M® 1940-1950

4MB WW
1941-51
J&J
Fdg 1952 opt '42..F&A

2.90,%

106

107

%

J&J

.

2.00 %

100 M

%
%

to 1.75

A&O

VAs 1940-1959
__J&D
Subway 2 Ms 1940-48,J&D
Metropolitan District—
2 Ms ser A 1940-'58.M&S
2Mb ser B 1941-62..J&J
2Ms Dec 15 1940-1960...
2Ms Oct 1 1940-62—A&O

---

to 3.20

July 1940-1949
J&J b 1.50
July 1950-1959
J&J b 3.10
4Mb Non-callable 1952 J&D b 3.30

to 1.90

to 275

1

105M
to

58

to 1.90

to

2 Ms 1940-1944
2s 1940-1949.,

3.15 %

105 M

105

%
1.90 %

to

,

2 Ms 1940-1968
2Mb Sept 1 1940-1956.M&S
2Mb 1940-1955
J&D

%

to

5s

less

to

b 1.00
b 2.00
b 3.00

'42-J&J

to 1.90

J&J 6 0.75
1 6 0.90
M&S 6 0.15

1943-1914. J&D

108

b 2.00
4s Mar. 1 1942-1964—M&8 b 2.00
Orleans District—

to 2.00
less M

4s

i

104M

3 Ms July 1 1953-1968—,
4s July 1 1940-1952

to 1.00
less M

City 0s '40-'45.F&Al5 b 0.50
0s Ref Aug 15 1940—F&A15 b 0.50
4 Ms Sewer 1940-47-M&N b 0.50

4Ms8I'42. '47 & '52._M&S
Bowling Green—5s 1955.J&J
Covington 4Ms '40-'50—A&O

3.35
3.80
3.90 %

106

J&J
Orleans Levee District—
3 Ms Ref 1940-1962.—M&S

M

to

3 Ms
July 1 1945,
3s April 1 1940-1957

~3~30 %

1940-1966

4s Pub Impt '52 opt
4s Pub Impt 1942

0.40
0.75

'0.15
1.20 %

48 Tun & Sub '59 tax-ex J&J
4s relief 1940-1953
J&D 6 0.50
3 Ms 1940-1951
M&S 6 0.50
3 Ms June 1

Borgne Dist Levee—

4 Ms serial gold 1961-80—
48 Constitutional 1942.J&J

%

2.00

J&J

Beverley 1Mb 1940-1948.A&O

4s Sub 1957 tax-ex
4s Sub 1958 tax-ex

to 4.00

1.60

M&S

Boston 4Mb Sept 11981 .M&S
4Ms Tun 1960 tax-ex.,A&O
4Ms Dec 1976
J&D
4s Tunnel & Sub 1948 J&D

101

—

4 Ms serial gold 1940-45
4M8 serial gold 1945-60—

0.50
to 2.50

1.50

Sioux

Project No 12 1947
Project No 13 1953
Project No 141945

3.90
2.90
108

3.45

A&O

to

to 2.10

Is Pub Wks Feb 15
1940-1941 6 0.10
Hurricane & Flood Damage—
M% 1940-43.
M&N15 6 0.15
Arlington 4s'40-'42 (tax ex) J&J 6 0.20

2.25

opt 1959—F&A 15

2.90,%

.

opt '624.00
Lafourche Basin Levee—
5s 1950-1970
-A&O b 3.50

less

Lee Co Prim Road 2M8-1948
1.50
Lyon Co 2 M" May 1 1940-47- b 0.25
Marshalltown—
4Ms Water 1940-1944.A&O b 0.25
Sac Co 2Mb May 1 1940-1947- b 0.25

Topeka 4 Ms 1948
5 Ms Jan 1 1941.
J&J
Topeka S D 4Mb Mar 1 *4O-*40
Wichita 4Ms 1940-1946-J&D
Sch Dist ref 4Mb '40-48F&A
lMs 1945-59
J&D
Wyandotte County—
4 Ms 1941-1945
..J&J
KENTUCKY
Bridge Revenue Refunding—
Project No 2 July 1 '50 J&J
Project No 3 July 1 *50 J&J
Project No 9 July 1955 J&J
Project No 8 July 1 1945
Project No 10 July 1 '50 J&J
Project No 11 1952

2.80

3.90

to

1944-68
lMs 1945-1969lMs Reg 1940-1959

102

100

5s 1969

0%75

2s reg

2.60

3.40

%

2.90 %

Metropolitan Water Loan—

2.00

5s 1952 opt 1942

0.75 %

4Ms 1940
M&N
4Ms 1940-1941
M&N
Des Moines 5s 1940-'57—J&J

to

3 Ms gold
July 1944

J&J

5s Oct 15, 1962 op *52- A&O
5s Oct 15,1963 op'53A&015

2.90,%
2.80 %

3.00

3s gold Water Jan 1 1941-J&J
2 Ms Dec 1 1940-1947
J&D 6 0.15
2 Ms reg
6 0.15
July 1 1940-67
2s Water 1945-1969.
J&J 6 0.90

—

1941

%

Davenport Indep Sch Dlst—

Water

2.90
2.60
to 2.70

to

to 2.25

to 2.40

Leavenworth—

to

to

to

less

b Basis

b 2.10

1.50

4s 1946-1956

2.00

4Mb

to 2.50

b 2.00

to

6 3.10

...

3.00 %

to

6 0.15
4s Water
registd 1940-58.J&J 6 0.15
3 Ms 1956 ref
(tax-exem)_J&J
3 Ms Water 1942
J&J

to 2.70

A&O b 1.00
Public Belt Bridge Rev—
4s 1910-1945
A&O
104 M

0.25

4M«

1.50

1.00
106

4 Ms

0.75

Sch

b

b 2.60

to

MASSACHUSETTS
1910-1952(tax exempt) Var

4s

M&S

5s Dec 1952 opt 1942._J&D
New Orleans—Public Belt—

J&D

4Mb 1940-1953
4Ms 1940-1953

Sept 1940-1972

Fifth District Levee—
5s 1950 opt 1940

2.50f%-

to

101M

1941-1957
1943-1955

5s 1972

Cedar Rapids 4Ms'49-'53M&N
Clinton Co 2 Ms 1942—M&N

4Ms Sept 1 1945—M&S
4Ms 1944
4s Sept 1 1945
M&S

100 M

2.25

1940-1948-F&A b 1.00

IOWA
1940-1942

5s 1969

Baton Rouge—5s '40-'54 M&S
Bossier Dist Levee 5s '54_A&0
Caddo District Levee—

8o Bend 4Ms W W '43.M&N
5 Ms
1941
M&S
South Bend School City—

Impt

V

to 2.60

to 2.85

State Pension 5s June 1, 1948
b 2.70
Capital Bldg 4Ms Aug 15. '52 b 2.90
Charity Hospital at N O—
3.85s 1942-1968
F&A
100
Atchafalaya Levee Dist—

to 1.75

Wlnnetka (Village)

4Mb

S

ser

b 1.50

Net

1.20 %

'41-A&0.6 1.40

4Ms 1940-1968
M&N 6 1.00
Washington Sub San Dist—
3Ms Wat & Sewer '87.M&N 6 3.00
4 Ms Sewer g 1973
J&J 6 3.00

105M

b 2.65

Ask

Montgomery Co—

J&J b 1.50. to 3.20
J&J b 1.75 to 3.15
3 Ms series S 1958-1960.J&J b 3.10 to 3.20
3 Ms ser V 1956-1961.--J&J
103
3-3 Ms June 15 1943-1962.
98
102

103 M

100

ser

4s

to 1.75
to 3.15

104

Bid

5s Water 1940-1987—.A&0'6 0.50
4Mb 1940 1987
A&O b 0.50

Highway—

3Msser Q 1943-1954---J&J
3 Ms ser Q 1955-1960-- -J&J
Port Commission Refunding
3 Ms 1940-1959..
J&J
Long Term Bonds—
Refunding 3 Ms 1942-'50_F&A
Ref 3 Ms 1957-1960
F&A
State Highway—
4Mb series D & E 1944-55..
5s series F Mar 15,1945-48
5s series K July 1,1947-49..

to 1.50

0.60

>
»

4s .1950 opt

Bonds

to 0.75

5s series A. B & O 1940-1943 b 0.50
b 1.50

To

or

Net

Cumber'd 4Mb W W
Hagerstown—

4s Jan 1 1942-1956
3 Ms Jan 1 1957-1961

to 1.25

0.75

state

to 2.35

0.50

Ask

Refunding 2Mb 1940-'41-F&A b 0.50

2.35

2.10

Bid

LOUISIANA
Short Term Bonds—

to 1.50

1.65

Yield Basis

To

or

Net

Ask

Bid

Yield Basis

I

To

or

Bonds

—

Highway Impt 1944 A&O

ft 0.95
Highway Impt 1942—A&O.ft 0.70

less
less

less

,

Ask

Bid

Bonds

Net

Ask

Bid

To

or

To

or

Bonds

Yield Basis

Yield Basis

Yield Basis
*

BONDS

possible for the closing day of the month preceding the date of issue

securities are as near as

Quotations for all

MUNICIPAL

AND

STATE

96

N. J.

MISSOURI
Ann Arbor—

_

„

W W ref 4^s

1.00

1944-1946
Battle Creek-—
3Ms

to 2.35

5 0.75

to 1.00

6 1.00

to 2.75

5Ms w w 1940-1951—M&S b 1.00
Dearborn—
b 2.75

to 2.85

Sewer

4Jis

1940--,—M&N

Battle Creek S D—

•

.

F&A

4Mb 1940-1949
Bay City—

4ha Sewer

Detroit—

General 3 Ms callable
4s-

(Long)

—

4M»
4MB
5s
non-callableWater 4s

----

1 1951-1961
1 1940-1950—
3Ms Oct 1 1948-1950—
4s July 1 1940-1947

3 Ms Oct
3 Ms Oct

b 2.50

b 0.75

—J&J 6 0.90

to 2.25

0.40

to 2.25

0.40

to 2.25

0.40

to 2.25

0.40

to

0.40

to 2.30

b 2.50

less

5 0.75

4 Ms

Joplln
4Mb

to 2.50

1 1940-62—

Refunding 2Ms 1951-63 J&J 6 3.50
Refunding 3 Ms 1941-50 J&J 6 1.00
Refunding 4s 1941-60-M&N b 1.25
4s Jan 1 1941-1953-— -J&J 6 1.00
Refdg 3Ms 1961-62--M&N 6 3.60
Rfdg 3 Ms 1940-1952. J&J 15 6 1.00
98 M
Rfdg3Ms 1953-1962. J&J 15
98 M
3Ms Jan 1 1953-1963.-J&J

3.50 %

less

to99M %
to 3.65 %
to 3.65 %
1

to 3.60

%

99 M
99 M

to 2.75

%

to 2.00

%

Highland Park
4Mb April 15 1957.
6Ms May 1 1941.
4Ms School Nov 1 1954
Jackson 4Mb 1940-47--A&016 6 1.25
4Ms July 15 1955
Jackson Union S D—

3.25
2.00
3.15
to

3.00 %
3.50

1.00

to

0.75
1.25

to

Pontiac—
Refund 4-4 Ms 1964 opt

1937

2.10

0.75

to 2.70

0.75

1940-1949--F&A

to 2.80

1.50
1.50

—

Voted bonds—

4Mb Airport April 1

1

to 2.50

z°

to 2.50

3JOO

1948—
less

to 2.75

1.90

0.75

less

1.00

less

1.00

to 2.25

1.00

to

%
1.25 %

1.00

to 2.60

A&O
M&N

1.60

less

1.00

to 1.25

1.00
1.00

to 2.60

1.00

to 2.60

1.00
1.00

1.00

60
0.50
to 2.00 %
to 2.10
to 1.25

20
0.40

A&O

to 2.00

1Mb 1944-1948-

F&A

1.75

to 2.40

J&J

1.00

to 2.40

Ramsey County
1M Mar 1 1940-1949-M&S
2Mb 1940-1947
F&A
4MB 1940-1950
F&A
4Mb Rd & Bdge *40-*44M&N
4Mb Rd & Bdge '40-*43 J&D

6 1.00

M&N

to 0.85
to 1.75

Funding

6

to 2.25

b 1.00

to 1.50

6 1.25

to 2.25 %

%

3^25
3.25

Great Falls—

1941-54—F&A 6 1.00

Douglas County—
5s Highway 1940-48—A&O
Holdrege S D 5s 1941-52. J&D
Lincoln School District—
4Mb 1940-1953
.M&N
McCook County—
Ret 4Ms Feb 1 '42-'5l
North Platte Sch Dist—
4Mb 1940-1959.
J&J

6 1.00

b 0.50

to 2 00

6 1.25

J&J

2.80

4Ms W W 1940-1942
A&O
5s School July 1 1951-J&J
5s Gen'l impt 194I-62-J&J
4 M« Sewer July 1 1943.J&J
4 Ms 1941-1959
J&J
4s 1940-1961
A&O
2.60s 1940-1957
J&D

1.00

to 1.50

2.60

less

1.00

to 3.00

2.00

less

1.00

6 0.50

to3.0oj%

1.00
1.00

1

%
to 2.85 %
to 2.60 %

2%80

Non-calUble bonds
103
Greenville 5s fund '43-'50 F&A b 2.10

to 3.10

b 0.50

to 3.10

b 0.50 to 3.10
4Mb Jan 1 1941-1952
4MB 1940-1952
M&N b 0.50 to 3.10
Jones Co 5s 1940-1942
M&N b 1.00 to 2.00
Meridian—
2.00
4Mb School House 1941 J&J

Mississippi Levee District—
5s May 2 1944
-—M&N
5s July 1 1953
J&J

2.25
3.10
b 0.50

Delta Levee DistDS
1940-1954
M&N 6 0.50
4M« July 1949
J&J

to 2.75 %

Vacoo-Miss

/ Flat priced

n

to 3.10

Nominal.

0.75

to 1.00

0.40

to 1.25

0.40

to 2.50

0.40

to 0.90

A&O

1940-1956-F&A

0.40

to 2.50

J&J

b 0.30

.90

series E July

to 2.20

%

0.30
0.40

0.30

1940

0.40

4Mb series F Jan 1941——
4 Ms series G July 1941

July 1942
4s series I July 19434 Ms series A of *27 July 1944
4s ser B of '27 July 1950—_
Soldiers Bonus 5s July 1941—
Highway Extension-—
4 Mb E of '20 July 54 opt '39
s F of *20 Jan *55 opt *40
s A of '24 Jan *55 opt '40
■ B of *24 July *55 opt *40
of'24 July *58 opt '41
4Mb ser B of'30 July '40-'C7

0.40

0.65

4s series H

3 Ms ser O.of '30 Nov '40-'69
Institutional Construction—

0.80
1.00
1.80

0.40
0.30

0.30

to

0.40

to

1940-1966—

0.30

4Ms series B July 1940-1967
4s series C April 1940-1969-

0.30

to

0.25

to

2 Ms series D May 1940-1970
N. J. Emergency Relief—

0.25

to

6 0.30

to

3 Ms Jan 1941
5s May !
ay 1940 to

1941.

to

2.80

to 2.75
to 3.25

to 1.25

b 0.25

to 2.75

0.25

to 3.00

.60

F&A

5s July 28 1940-1960—

£airview 5s 1944
Glen Ridge—

4.10

J&J

%
to 3.00 %

4 Ms Mun Bldg 1940-70 F&A b 0.25
Gloucester City—

4Mb 1940-1966
J&D
5Ms Water 1940-1963.M&S
Gloucester Go—

4 Ms Bldg&Rd '40-'45 J&D20

83
86
6 0.25

to 1.25

0-75

to 1.50

1.00

to 3.50

0.75

to 3.25

.50

F&A
M&S

to 3.90

to 3.30

M&N15

b 0.35

to 2.95

4s g Park 1954 & '59.M&N b 2.90
2Mb Apr 1 1940-1959
b 0.25

Hunterdon County—
4Mb Road & bldg '41-'46J&J
Irvington 5s School 1963.J&D
4Mb 1940-1959
J&D
Jersey City—
5Ms 1942-1953
A&O
5s 1940-1969—A&O
4Mb School 1940-1958.J&D
4Mb School 1945-——-J&J
4 Ms Water 1961—A&O
4Mb 1940-1967
J&D
4s Refunding 1949
F&A
4s July 1 1940-1953
Gen ref 3Ms '40-*54— F&A
3Ms, 1940-1956
J&D
Keansburg 5Ms 1940-59.M&N

5Ms 1940-1970

J&D

Long Branch 5s 1943
M&N
Lyndhurst 3-5s 1941-57—J&J
Maplewood (Township)—
4s 1940-1967
-J&D15
Middlesex (Borough)—
3 Ms 1941 to 1967— .J&J
Middlesex County—
4Mb Road 1940-1944-.F&A
Imp 3s Nov 15 1940-1948—
Monmouth County—
4Mb Mar 15 '40-'50-M&S
4Mb Rd & bdg '40-51F&A15
Montclair 4Mb Sch 1941.A&0
4Mb High sch bldg '44. J&D
2Mb May 16 1940-1970
Morris County—
4Mb 1942 opt 1922
J&J
3 Ms 1940-1949J&D16

to 2.75

I

b 0.25

to 1.50

b 0.25 to
2.75
1.00
1.00

3*66

to 4.20
to 4.25

to 4.15

to

4*16

5 Too" to

3*90

5Too"

b 1.00

to 3.75

b 1.00

to 3.65

b

98

b 0.25

to 87
to 3.25

to 2.70

to 3.50
to 2.50
to

78

3.00
b

97

to 89

b 0.25

to 2.50

b 1.00

to 3.50

b 0.25

to 1.40

b 0.25

to 1.90

b 0.50

to 2.80

b 0.50

to 2.80

5"0.25

to 2.50

5"0.25

to

b 0.50

to 1.00

1.80

Morristown—

4Mb 1940-1942J&D
4s 1940-1969
M&N
0.30
0.30 Neptune 4Mb 1940-1955-F&A
0.40 Newark—
6s 1940-1972
M&S
2.40
Z°
2.40 %
5Ms Oct 15 '40 to'59 A&015
5s 1940-1958
J&J
2.30 %
4Mb 1940-1983
F&A
2.40 %
4Mb School Dec 1 *45..J&D
4s Sch house 1959 opt 1949
2.40
4s Pas Val sew'61 op 51 J&D
2.40i /0
4s 1940-1970
J&D
I,
3Ms Track elev 1954—F&A
0.40
3 Ms 1940-1966
M&N
0.50,%
2Mb Jan 15 1941-1976-J&J
0.30

to

3Ms ser A July

to 3.00

0.25

Linden 2Mb 1940-1956—J&D b 0.25
Lodi 5s 1941-1947
J&J b 90

to 2.25

Bridge bonds—
4 Ms Series D July 1940— —
4 Ms series E Jan 1941——
Road Bonds—
4 M8

b 0.25

to 3.00

„

0.40

1941-1956

A&O

Kearney—
4Mb Water 1940-70-J&D15 b 0.25
4Mb Sch impt '40-'52-J&D b 0.25

to 2.15

0.40

NEW JERSEY

%

MISSISS1PI

1940-1948.F&A

to 0.90

HAMPSHIRE

%

0.50 to 1.75 %
Impt 1940-1946
M&S
0.50 to 2.60
May 1 1940-1950
Impt 1953
J&J
Flood 1940-1953—.A&o b 0.50 to 2.80 %
107
Highway 1950-1959.F&A 105
Blloxi 5 Ms 1940-1943—A&O
100
Callable bonds

1940-1954.A&O

to 1.40

0.25

1

5Ms
4Mb
4Mb
4Mb
3 Ms

0.65 %
2.15 2.00
2.20

b 0.75
6 2.40

0.25

3s H S

1

116M
to 2.95

Hudson County—
4Mb 1940-1978

Nashua—

to 2.75

less

J&D b 0.25
J&J b 0.25

Hoboken 5s 1940-1954—J&J b 1.00

to 2.75

3Ms Bridge

to 1.15 %

114M

0.25

to 2.50

to 2.60

Manchester—

to 2.25

b 0.50

Hamilton (Township)—
3 Mb sewer 1940-1978-J&D 6 0.50 to 3.50

to 1.65

-

1940-1951

1.00

0.25

6s 1940-1954
3s 1940-1966---

6 0.40
b 1.15

J&D 6 2.25
Mayl'55M&N b 2.40

Keene4Msl940-1942—M&N

to 2.30

to 82

0.40

to 2.60

J&J b 1.00

4s Impt

to 3.75

b 95

Hackenaack4 Ms 1942_
F&A
4Mb Imp 1941-1942—-J&J

2Mb Sewer 1940-1956-M&N
4Mb USD 1940-1965.J&D

to 2.50

1.00
6 1.00

to 3.75

to 2.90

„

b 1.00

Concord—

to 2.40

b 0.75
b 2.25

0.25

4s Hospital 1946
Essex Fells (Boro)—

J&J b
1940-1943-J&D 5
3 Ms Refunding 1942-1944 J&J,
1Mb Highway 1941-1946 M&S 6

to 2.50

6 1.00

to 4.00
to 4.00

2Mb 1940-1978
M&S
4Mb 1940-1957
A&O
5 Ms Dec 1 1940 1946-J& D
6s 1941-1972
J&J
Englewood 5s 1940-1944--A&O
Essex County—

to 1.85

MONTANA

NEW

to 3.30

2.50
b 3.10

4Mb 1940-1960—_M&S 15

0.30
0.70

J&J15

bonds—
4s opt *44, 1941-1953.-J&J
Highway debentures—
4Mb Dec 31 1940
Daniels Co 5Ms 1940— —J&J
6s 1941 opt 1940
J&J

0.75

3.50

Orange—

El^abeth—19i°197^

to 1.75

4M« Highway

to 2.25

1.00




to 2.10

4s July 1940-1948

to 2.30

b Basis.

East

to 2.10

to 1.80

4Mb 1941-1955

to 2.25

1.00

Vickaburg—
5s Pub Imp

to 1.80
to 1.60
to 1.70

to 2.10

York School District—

to 2.40

1.25

Jackson 5 Ms

to 4.35

to 1.75

5s 1948
Omaha SD 4Mb

to 2.60

J&O

1 1951

to

1.00

to 1.85

4Ms Wat wks Dec 15 '41 J&J
4Ms May 1 1956
M&N

M

1940-1946.
A&O
1.90s Oct 1 1940-1946-A&O
1.80s 1940-1943
F&A

St Paul—
6s school July

to 1.00

0.75

to 2.75

Camden—

to 2.70

to 2.40

1940-1966

1940-1949

to 2.20

0.25

to 2.50

to 2.35

Omaha—

to 2.60

1.00

2s

1 70s

to 2.50

0.25

to 2.60

to 2.50

_

to 1.50

1.00

2 Ms 1940-1967

2 20s 1942-1959

0.25

2Mb School 1940-1969-M&S
Bogota 4Mb 1940-1946--J&D
Bound Brook 4 Ms '40-'42 J&D
Bridgeton (Oity)4 Ms 1940-1958
.J&D b

to 2.75

NEBRASKA

to 2.40

1.00

A&O
M&S
2.30s 1940-1947—M&S
2MB 1940-1958
—M&N

2.60b

to 2.75
to 2.60

to 1.75

Beatrice S D 5s

M
M

A&O

3s 1940-1959

to 2.85

1.65

%

to'2.80
to 2.25

1940,1943,1945.1946,
1947, *48, *49. *50—J&D
4Mb 1940-1952
A&O
1940-1941

to 0.50

b 0.25

5s Dec 15 1940-1955.J&D15 b 0.25
0.25
Bloomfield4Ms 1940-69J&D15

5MA Dec 15 1940-60.J&D15

to 2.65

„

5s

MB

to 3.00

0.25

M

1.25
2.70
2.70

3Ms July 15 1943
--—J&J
3s Feb 1-Aug 1 1955-1956
2Mb Feb 1-Aug 1 1957-1959—
2M trunk h'way *47-51- -M&N
1.85s Rural Credit ctfs 1941—
2s Rural Credit ctfs 1942
Duluth 4Mb 1940-1947—-J&J
4s
1940-1946
-.J&J
Hennepin County—
4Mb Sanitorium *40-'42 J&J
4Mb Hospital '40-'41 M&N
Minneapolis—

4s 1944

to 3.25

1.00

ns

1.75

4Mb Wat & Sew '40-'50-J& J

MINNESOTA

3

to 3.25

Bef"n$LinS '40-'60_M&N

1.00

Belleville S D 5s *40-'44 M&N
0.80 Bergen Co—
5Ms Dec 1 1940-1942.J&D
to 2.60

0.30

4.25

4Mb Sewer 1940-1951-J&D
Wayne County— •
Covert roads

to 4.00

1.00

100

4Mb School June 1 1955
Port Huron 4Mb 1942

Saginaw 4Mb

to 3.90

4 Ms School 1940-1966-F&A

1.00

r,

to 3.90

%

to 3.75

1.00

0.30
1.70

1954-58

University City—
4Mb 1940-1943—
.25
4Mb 1942-1949-

2.50

to 3.75

1.00

to 3.05 %

F&A

2s

to 2.10

4MB

1.00

Belleville 5s 1940 & '44.M&N

to 2.00

Springfield 4 Mb '40-'49-M&N

2.75

1940-1945—-M&N

Lansing 4Mb 1940-1946--J&D
Muskegon 4Mb 1941-44--J&J
Muskegon S L> 5s 1942—July

91M

1940-1955——F&A

4Ms

0.30
0.30

M&N

2Mb 1951-56

68

Bayonne 5s 1941-1949—-J&J

-F&A

2s Feb 1 1958-1959

77

to 2.75

4Mb 1940-1969
5s Sewer 1940-1960

Public Bldg & Impt—
3 Ms 1940-55

to 1.30

1.00

5Ms 1940-1961
F&A
4Mb Water *40 to '60-M&N
4Mb 1942-1969—.—J&J
4s 1945-1970
Camden Co—
4MB
1940-1970
J&J
4s 1944-1968
Cape May—
4Mb School 1940-1951-M&S
Cape May Co 5s 1940
M&S
Delaware River Joint Com.
Phila-Camden Bridge—
4Mb 1940-1945
M&S
4Mb 1946-1973
M&S

3s School 1940-1954—F&A

to 0.65

(Boro)—

0.30
0.40

F&A
M&N
M&N

4Mb 1940-1953
4Mb 1941-1948
4s 1940-1951

to 0-80

6s July 1 1940-1944
8D 4Mb 1940-1955—M&S

St Louis—

„

to 0.65

¥*£ Bridge 1940-1957-A&O

*

Audubon
m

o

b 1.00

to 0.65

to 3.75

i/

2.30

-

to 3.75 %
Flint 4Mb 1940-1954.M&S 15 6 1.50
to 3.60 %
5s (Mar 1 & Apr !) '40-50— 6 1.50
Flint Union School Dist—■
5s 1940-1954
M&S 6 2.00 to 4.00 %

Grand Rapids—
3s Sept 1 1941-1945—M&S 6 1.25
Grand Rapids School Dist—
4MB 1940-1943
M&S 6 1.25

—

0.40
4Mb 1940-1955
A&O
0.40
4Mb Airport 1940-54.-A&O
0.40
4s Airport 1940-1971—M&S
0.40
3 Ms 1940-1974
J&J
3Ms 1940-1974
F&A b 0.40
0.40
3 Ms 1940-1955
A&O
0.40
3s 1940-1957
J&J
2.30
38 1954-1975
M&S
2.25
2Mb 1958-1975
-J&J
2.20
2Mb 1956-1975
A&O
Kansas City S D—
0.40
4s 1941-1951
J&J
0.40
4Mb 1941-1950—
J&J
0.40
4Mb 1941-1950
—J&J
4Mb 1946
J&J
5s 1941-..
J&J
0.40
3Ms 1941-1951
J&J
1.25
2 Ms 1945-1955
J&J
0.40
St Joseph 4Mb 1940-'45-M&S
Refunding 4Mb May 1 1951
St Joseph S D 4s 1940---.

1

less

1943-1948

to 0.50

b 1.00

.15

Kansas City—
4Mb Various May 9 '40-'72 b 0.40
4 Ms Jan & July 1942
J&J

1

to

J&J
1941-1950.
J&J
1940-1960
J&J15
1949
J&D
Road 1941-1952..J&J
Court h'se '41-'52 J&J
(School District)—

4Mb
4Mb
4Mb
4Mb

to 2.50

6 0.75

to 0.60

to 0.90

4Hs....-.-. 6 3.15 lesslM
99 M
98 M
Refunding 3 Ms '57-'62 J&D
to 3.65 %
Refunding 4s '40-'56_-J&D 6 1.00
General & Street Railway—
6 1.00 to 3.65 %
3 Ms Oct 1940-59
Water 2 Ms Oct

0.30

0.30

to 2.65

less

to 1.60

to 1.75

lesslM
lesslM

6 3.50

1.40

to 0.50

1

less

1959-62—

to 1.70

1.65

Street railway

General 3s Oct 1

to 1.50

1.50

Jackson County—
4s 1940-1951

b 2.80

D—

Refunding Water series

to 1.35

0.90

0.30

100M
99M
101M
i02M
101M
102 M
101M
b 3.70 lesslM

b 2.85

0.75

J&D

Buchanan County—
Ret 3s 1943-1956

b 2.75

—

4Mb
4Mb

to 1.25

Net

Ask

Emergency—Concluded

0.40
4Mb Nov J940 to 1941
0.25
3Ms Mar 1940 to 1942
3 Ms May 1940 to 1942
0.25
0.40
2M Jan 1941 to 1943
Ed Aid 4 Ms ser A Jan 1941-42
0.40
Unemployment Relief—
1 Ms ser A Dec 15 1942-1949 b 0.40
Asbury Park (City)—
75
Refunding 4s 1966
Atlantic City—
66
2M-4Ms Jan 1973
Water 3-4M8 Jan 1973
89 M
Atlantic County—

to 1.70

3s Building 1940-1941
J&J
3s State Bldg 1940-1944.F&A

3s Road 1963-1957

3.85

to

1.60
0 75

4Mb Road 1948^1950—M&S
4Mb 1943-1946
M&S
4s 1943-1947
M&S
4s Road 1944-1948
A&O
4s Nov 1 1948-1952
M&N
3 Ms 1948-1952
.J&J
4Mb Road 1940-1942

to 2.60

2.00

1940-1948 J&J

To

or

Bid

Bonds

Net

b 0.50

to 3.30

b 2.00

to 5.00

b 0.75

to 4.00

b 0.75

to 3.90

b 0.75

to 3.80

b 0.75

to 3.75

50.75

to

3*80

5 "0.75

to

3*30

5 0.75

to 3.25

.40

97

STATE AND MUNICIPAL BONDS

Feb., 1940]

Quotations for all securities are as near as possible for the closing day of the month preceding the date of Issue
\

Yield Basis
Bid

Ask

—„

0.75
0.75

to 3.25

0.75

to

3.65 %

75

84

89

91

0.25
1.25

0.75

to

to 5.00

1.00

to 3.25

0.50

to

b 0.75

M&N

to 1.90

b 0.25

to

b 0.75

to 3.75

b 0.75

to 3.50

3.00

1940-1977
-F&A &100
99
4%srefd& 1944 & '46—F&A
Plainfield 4s School 1959 M&N
96
4 Ms 1940-1962 Various-J&J b 0.25

Rahway—
4KB 1940-1953
J&D b 0.75
Ramsey 5s Water 1940
Red Bank (Borough)—
0.25
4KB 1940-1953
M&N
0.20
Rldgowood 4Mb 1940-62-M&N
4Ms 1910-1968
M&N
0.25
Sea isle City 5s 1942
75
F&A
Somerset County— ,
0.25
4KB 1940-1949—
J&D
0.25

J&J

to 4.75

to 2.50

%

%

1.70s
to

3.25

—

A&O b 1.25

1%00

Buffalo—
to 1.80

5s 1940-1950

to 2.00

4KB 1940-1967

to

1.25'%

to

3.00 %

to

2.90!%

0.25

to 3.00

0.25

to 3.00

%

Summit—

2s 1940-1959

0.75

0.25

0.50

3.25 %
to 3.25 %

0.75

0.75
0.75

to 99

Union Township Sch Dlst—
4Kb 1940-1968
J&J b 2.00
Ventnor City refunding 4-5 >4»
92"
Vlneland (Boro)—
6 Ms 1940-1950
M&S b 0.25
Weehawken—

Gen ret 3 kb 1940-1959

NEW

A&O

Sewer

to

to 3.50

Corning 5Ms I960
Cortland "(City)—
1.60s

%

K

to 3.00

%

to 2.75

%

to 3.80

%

to 2.10

to 1.70

m

4s 1945-1953
to 4.25

97
to 2.70

b 0.75

to

b 0.75

to 3.50

98%

b 0.25

to 2.90

b 0.25

to 3.00

Greenburgn

1.50

to 4.30

b 1.50

to 4.75

b 0.50

to 3.00

1940-1980

6s Highway 1941
J&J b 2.00
3 Kb H'w'y deb '46-'47
M&N b 2.50
3 Ms H'w'y deb '48-'49—M&N b 2.50
3s Jan 1 & July 11949-1952— b 2.75

H

1.00
1.75

deb 1944-45-M&S b 2.50

2.00

1946-1951
J&D b 2.75
H'way debs 1951-52.A&0
99
H'way debs 1953-54.A&0 b 2.75

2.25
101

way

2.25

Albuquerque—
5s Water Works 1962.-J&D
115
4KB 1940-1950
J&J b 1.00
4Kb 1940-1950
J&J b 1.00
Middle Rio Grande Conser
Dist 5Kb 1940-1973—F&A
69
Socorro Co 5s 1941 op '21.A&0
96

NEW

120
to 3.00
to 3.25

73
100

YORK

5s Jan & Mar 1 1940-1945
5s Jan & Mar 1946-1970
4Kb Highway 1963
M&S
is Canal 1964
J&J

b 0.15

to 1.00

b 1.00

to 2.20

b 2.15
b 2.15

2.05

(s Canal 1965

J&J b 2.15
is Highway 1965
M&S b 2.15
Kb Barge Canal 1945
J&J b 1.00
is Bonus 1940-1949..-A&O b 0.15
4s Canal Term 1942
J&J b 0.50
4s Canal Term Jan 1946.-J&J b 1.10
4s g High Imp Mar 1958-M&S b 2.05
4s g High

2.05
2.05
2.05

0.90
to 1.40

0.35
1.00

1.90

Imp Sept 1958-M&S b 2.05
4s High Imp Mar 1960— M&S b 2.05
4s Canal Imp July I960-.J&J b 2.05
4s Canal Imp Jan 1961
J&J b 2.05

1.90

4s Canal Imp July 1961.-J&J b 2.05
4s Highw Imp Mar 1961 M&S b 2.05
4s Palisade Park 1961...M&S b 2.05

1.90

4s Canal Jan 1962

J&J
4s Hlghw Imp Mar 1962 M&S
4s due Sept 1 1965--.—.....
4s due Jan 1 1966
4s Canal Imp Jan 1967--J&J

b 2.05

b 2.05
b 2.10
b 2.10

1.90

1.90
1.90
1.90
1.90
1.90
1.90
2.00
2.00

b 2.10

2.00

4s Hlghw Imp Mar '67—M&S b 2.10

2.00;

4s Palisades

2.00

b Basis.

Park 1967..M&S b 2.10

/ Flat price.




M&N

Nov 1957
Dec 1, 1979

M&N

b 0.25
b 0.25

to 2.30

4s

120

111%
112%
112%

to 2.00

May 1959
serial

4s

to 2.25

M&N

J&J b 0.35
J&J15 b 0.35

1940-1963

1940-19543 Kb Corp stock

-

.

%

122

118%
118%
119%
119-M
120 M
120 M
to 3.30

%

121%
122%
123%

117%
117

112%
112%
113%
113%
114
to 3.25
to 3.05

%

&S

_8

b 0.40

to 2.00
to 1.50

3Msg exempt 1952

J&D 15 b 1.90
-M&N b 0.30
—A&O b 0.35

to 1.75

to 2.50

3 Ms g exempt 1953
M&N
3 Ms g exempt 1954—M&N
3 Ms g Water ex 1954- M&N

J&D b 2.80

to 2.60

J&J b 0.30

to 2.60

b 0.40

to 2.40

95

M&N

3.00

107 M

108 M

107M

108M

106%
3 Ms Corp stock Jan
15,1976, 106M
3 Ms reg Corporate stock
L
1950-53
.M&N & 2.85
3 Ms Corp stock
July 1, '75.1 102
3Ms Aug 1 1940-1978.F&A p 0.35
3 Ms serial 1940-1979.
senai iy4U-iy/y—F&A b 0.35
3s Rap Trans 1947-51 _F&A b 2.00

108%

3 Ms exempt 1955
M&N
3 Ms stock Apr 1,1954-A&O
3 Ms Corp stock Mar 1,1960

to 2.75

to 1.90
to 2.30
to 1.90

b 0.50

125M
to 3.15

3 Kb g exempt
3 Kb

to 1.70

b 0.40
b 0.30

124 M

Corp stock 1940-1954- 5 0.3 5" to 8.05
(L85
1941
M&N
1.15
exempt 1942
M&N
3 Kb R T 1948-1950—M&N b 2.60 to 2.85

to 2.60

b 0.40
b 0.40

128 M

Jujy l '75..

b 0.20

to 2.10

3.05
3.05
108

„

to 1.65

J&J b 0.30

to 2.30

J&J b 0.30
J&D b 0.30

to 2.70

_

3s corp stock Jan 1 1977 J&J
100
3s Serial 1940-1968
J&J b 0.35
3 s ser ial 1940-1969
M&N b 0.35
3s serial 1940-1973
J&D b 0.35

to 2.70

to 2.75

38 corp stock Feb 1 1979—

.A&O b 0.25
M&S b 2.85

to 2.15

J&D b 0.25

to 2.00

b 0.25

to 1.95

b 0.25

to 1.95

b 0.25

Parkway Authority—
3M% Rev 1940-53.A&0 b 0.75
3M% sf Rev 1968-A&O 110
Niagara Falls—
5 Ms 1941-1948
M&N b 0.30

to 1.50

b 1.70

to 2.00

to 2.70

b 0.25

to 1.00

.J&D b 0.30

to 2.70

M&S b 1.75

100

2Ms 1940-1979
J&J15 b 0.35
2%s July 15 1969——J&J
95k
2Mb 1940-1953
J&D b 0.35
2%sl940-1979
M&N b 0.35
2Kb Serial 1940-1946-F&A b 0.35
2Mb assessm't 1940-44-J&D b 0.35

2.60

b 0.40

to 2.40

4.15s Sewer 1965-70--M&N b 2.30
4.10% Sewer 1940-1950. J&J b 0.20
4 %s Wat May 1 '41-48M&N
0.30

3.95 Nov 1 1961-1970-M&N
3 Ms 1942-1945
M&N
2s Mar 1 1940-1949-

to

3.00,%
M'

103

—

to 3.20

%

to 3.20%
to 2.60

101%
to 3.10
to 3.05
to 3.10

101%
to 3.00

96 M
to 2.80
to 3.00

to 2.00
to 1.50

to 2.85

111
to 1.75

to 2.40
to 1.90
to 1.75

2.30
0.60

to 2.40

0.20

to 1.60

to 1.10

b 0.25

to 2.00

b 0.30

to 2.00

Niagara Falls S D
4Kb
1940-1960

F&A b 0.20

to 2.30

b 0.50

to 2.50

No

b 2.40

to 3.15

0.50
1940-1942—J&D
2.40s 1941-1967
0.50
M&N
North Tdrrytown—
4M« Water 1940-64-A&O b Par

to 1.00

b 0.75

to 3.00

to 2.50

J&J b 1.50

to 3.25

—F&A b 1.25
b

to 3.10

to 3.60

1.25

to 3.50

b 0.75
J&J b 0.75

to 3.25
to 3.50

S D No 7

%

to 2.50

to 2.80

b 2.00

to 3.00

Oneida 4s Water '41-'45—J&J b 0.30
Par
Onondaga Co. 4%s '40-47A&O
3.70s 1940-1951
0.30
A&O
Ref 1.90s 1940-1957--F&A
0.25

to 1.50

2.10s Feb 1 1940-1968
1.70s 1940-1968
J&D
Ontario Co4s 1940-1951-M&ft

to 2.25

^

to 4.00

Hempstead

4Mb

to 2.75

b 1.00
b 0.50

J&J

119%

111

to 0.90

4s

4 Ms 1947-1972

J&J

Ossining4Ms 1940-1942.M&S
4Mb Water 1940-1969.A&O
Oswego 5 Ms 1940-1946--M&N
^

Par
Par

0.30
0.50
0.40
0.50

to 1.60
to 1.80
to 2.00

to 2.25

to 2.10
to 1.00
to 3.00

to 1.90

b 0.75

to 2.75

b 0.75

to 3.00

Oyster Bay Water Distrect—
4s
1940-1950J&J b 0.50 to 2.30
Pelham (T) Un Fr Sch Dist
No 1 4.60s 1944-1966
1.60 to 3.00
0.50 to 2.00
Poughkeepsie 4 Ms '40-52 J&D
4s School 1940-1959—M&S
0.40 to 2.30
Port Jervis 4Ms 1941-'69-J&J
0.50 to 3.10

to 2.00

Port of N Y

b

1.10

b 0.30
b

to 3.25
to 2.25

to 3.00
to 3.25

1.25

to 3.00

88

91

Aug 15 1977

Gen & ref 3s Dec 15 1976—
Inland Terminal—

92
b 1.00

to

b 1.00
b 1.25

to 3.75

4M sser D 1940-1941.M&S
4 M sser D 1942-1960-M&S
Holland Tunnel—*4Mb serE '40-'41-„M&S

3.75

to 4.00

b 1.00
b 0.75

to 1.50

b 0.75

to 2.00
to 2.75

b 0.75

to 1.50

1.00

to 2.50

1.25

to 1.50

b 3.50

108%
106%
106%
102%
0.85

108 M

0.50

4 Ms ser E '42-'60—M&S 109
Putnam Co 4 Ms '40-'51-A&0 b 0.50
4s 1940-1954.
0.50
F&A

to 4.00

b 3.25

to

1.00

105*i
105%
101%

^

to 3.75

b 0.75

1.00

Authority—

Gen & ref 4s May 1,1975._
Gen & ref 3 Ms
May 1. 1976
Gen & ref 3 Ms

to 2.50

b 0.50

Rensselaer County—
4Ms Highway 1940-58-F&A
Rochester 5a '40-'62
F&A
4Mb Pub Imp '40-'58.F&A
4Mb
1940-1959.
M&S
4s

Imp Sch &c '41-47-J&J
2Mb 1940-1957
M&S

3.75
to 3.00
to 3.00

l%s 1940
1.70s

1940-1948.

b 0.75
b 0.75

to 2.25
to 3.00

4Mb 1940-1945
Rockville Centre (V)—

1.75
b 0.75

to 3.50

%""

to 2.70

%

to 2.25

0.20
0.20

to 2.40
to 2.25

0.20
0.20

to 2.25

0.20

to 2.05

to 1.50

>?20

A&O
F&A b 0.20

to 1.40

to

1.30

Rockland Co—

to 2.50

b 0.75

to 2.60

0.50

1.20s Jan 15 1941-1950 J&J b 0.20

to 3.50

1'&A b 0.75
1.25

to 2.75

b 2.25

to 3.25

b 0.75

to 3.25

b 0.75

to 3.00

b 0.75

to 3.25

3.40s July 1 1941-1945-J&J
2Kb 1946-1956
2 Ms 1940-1957
F&A
2.40s May 1 1940-48—M&N
2.20s 1940-1959
M&S

123

to 2.40

to 0.90

4s

6s 1947 Beach
acquisition-Mamaroneck (Town)
4 Kb 1940-1964
J&J
Mamaroneck Un F S D No 1—
5Ms May 11940-1952-M&N
3.90s 1940-1964
J&J
Middleport 4.35s '40-'42.J&D
MineoJa (V) 4.40s 1940-68 J&J
Monroe Co 4s 1940-44
F&A
3.90s Co Bldg '40-'50—F&A
I Ms Jan 15-1941-1942. J&J
Mount Vernon—
4Mb 1940-1943
-A&O
5Ms 1940-1941
A&O
4 Kb School 1962-73—M&N
4s Sewerage 1950-55—M&N
2M« 1940 to 1956
M&S
3s 1940 to 1946
M&S
Nassau County-—
5s 1940-1943M&N
4MB 1940-1944
A&O
4s 1940-1947
J&D
3Kb 1944-1961
J&J

123%

121M
H8M
118M

to 2.45

to 0.60

b 0.70

3.75

122

b 0.30
b 0.25

to 1.05

to.1.95

Islip 4s 1940-1951
M&S
Ithaca 4Ms 1941-54
J&J
Jamestown 4s Mar 20 '43 A&O
Lackawanna 4 Kb '40-'64M&N
Long Beach 5ms 1953

1940-1950

1957

to 1.85

4.70s 1940-1965
J&J
Huntington (T) 4s '41-'52,J&J

July 1 1940-1964

J&D
-M&S

J&D b 0.25

„

3b

1965

2.30

to 1.85

b 0.15
b 0.75

1940-1967
Hempstead Un F S D No 1—
6s 1940-1954—
M&S b 0.75
Hornell 4Ms 1940-1947--F&A b 0.50
Hudson Riv Regulating Dist—
4Kb 1940-1965.-J&J b 1.00

3s

June

1963
May,

to 0.60

b 0.15
b 0.15

_

2.00
2.25

to 2.50

to 1.80

Hempstead (T)4M8'40-59 A&O
Hempstead 4Kb 1940-65 M&S

MEXICO

0.50

b 2.60

to 2.10

1940-1965
J&D b 1.50
Groton 6s Wat *40-'50—M&N b 1.10
Harrison (T)—

4Mb

M&N

b 0.30
b 0.40

to 2.15

b 0.15

2.50

to 3.25
to

J&D 126 M
Corp stock 1967--J&J 122 M
Corp stk 1971-J&D 15 123 M
July 1,1940 to 1955— b 0.35
Jan 1, 1977
J&J 120 M
117
1960
M&S
Mar 1, 1962
M&S 117
Mar 1, 1964
M&S 117M
April 1,1966
A&O 117%
Apr 15,1972—A&015 118%
Rap Tr & Wat '74 J&D 119M
Feb 15. '41-'66_F&A15 b 0.50
Feb 15.1976—F&A15 110
Nov 15,1978
M&N15 121
Mar 1, 1981
M&S 122
116
4s Oct 1,1980
—A&O
4s May. 1977
M&N 115M
4s Nov 1955
M&N
110M

4.40s

2.30s

2%s
2Kb
2Kb
2Kb

to 1.85

Greenburgh U S Sch Dlst No 9
b

4Mb
4Mb
4Mb
4Mb
4Mb
4Mb
4Mb
4Mb
4Kb
4Kb
4 Kb
4Mb
4Kb
4Kb
4 Kb
4Kb
4Kb
4Mb
4Mb

1.75
to 1.90

(T)—

4s 1940-1951

to 1.50

to 3.75

to 2.15

2.90 March 1, 1940-1947-Essex Co 4s 1940-1956—M&S
Free port—
4.20s 1940-1945
M&N
4.20s sewer 1946-1960-M&N
4Mb 1940-1951
M&N
4.40s 1940-1950
M&N
Garden City 4 Ms 1940-52-J&J

to

1.00

b 0.25
b 0.30

4Kb Water 1940-1945.A&O

Erie County—
4 Ms 1940-1959

1.50
0.50

0.75
0.75

b 0.30

Cortland Co 4Kb '40-'51.J&J
Delaware Co 4.20s '40-'52A&0
Dutchess Co—
4s 1940-1946
M&S
4s 1947-1954
M&S
East Chester—
4Mb 1941-1958
F&A
Elmira—

°.50
to 2.35

1940-64

Net

M&N

4Kb 1940-1963
2Ms 1940-1947

to 2.20

b 0.15

3Kb 1940-1964
3 Kb ser F 1940-64—M&N b 0.40
Columbia County—
4Kb 1940-1959—
1940

Ask

New York City—

Authority—

4s 1941-1964

to 3.50

b 1.90

3 Kb 1941-1951 opt '40.A&O
3Kb
1940-1979
J&J
Westfield—
5s June 15 1940-1960—J&D
4tfsl940-1966
A&O
West New York—
4Kb Oct 1 1940-1968—A&O
6" School 1940-1961—M&N
West Orange

%
to 1.25 %
to 2.10 %
to 3.35 %

0.75
0.75

2Kb gen fd & ref *40-68 F&A
0.75
2 Ms 1940-1954
M&N
0.75
Union City 4 Kb 1940-'64.J&D
Par
Union County—
b 0.25
4Kb Oct 15 1940-1952
4kb Rd&Bdge'40-'47-F&A b 0.25
4s Oct 11942.—
A&O
2.808 Gen Impt B June 1

to 2.15

Various 1956
M&N
4s Various May 1957-M&N
4s Nov 1958
—M&N

3.40s Nov 15 '40-'55—M&N
3.10s Oct 15 1940-46.A&O
2.60% Relief 1940-45--J&J
2Kb Oct 15 1940-56—A&O
2.20s Jan 15 1941-1947-J&J
2.10s 1941-1949
J&J

%

0.25

0.25

b 0.15
b 0.20

Impt 1942-1963-J&J

4Kb Wat Impt 1940-41-J&J
New Rochelle—
5s 1940-1950
M&N
4Mb 1940-1965
.M&N

•

5Kb 1944

0.35
0.25

1950-1965

1.75

4s 1940-1972--.
Auburn 1.60s 1940-1958.F&A b 0.25

2.75

-.M&S
—J&D
J&D

A&O

1.75

Binghamton—
4Kb Oct 1 1941-1971—var
2s Mar 119401956

—-J&J

1941-1970

1.85

M&N b 0.30

to 2.75

to 4.40

...

Albany Port District—

to 2.10

to

1940-1979-

4s June 151960
4s 1940-1958

4Kb School 1941
F&A
4kb Imp & sch '40-'60-J&D
Sussex Co 4 Kb '40-'44
M&S
4s Impt 1940-1955—-M&N
Tenafly 4Kb 1940-1963.F&A
Trenton—
5Ms 1940-1951
A&O
5e School 1940-1955
A&O
4Kb 1940-1966
F&A
4Kb 1940-1960
F&A

1.70

4Kb 1960M&S
3 Ms Fund 1940-1941. M&N
2 Kb refunding 1941-'57.J&J
Albany (City or)—
4 k 1940-1969
—M&N
4 % 1940-1970
J&D
4s Munic & Sch '41-'63_J&J
3 k 1940-1971
J&D
2KB 1940-1953
M&N
2kb 1940-1978
M&S
2% 1940-1955
M&N

South Jersey Port District—
Marine Terminal—
4 Kb 1940-1973-

to 1.30

1.80

"

4s Wat

to 1.90

Albany County—

99
100

5s Feb

4Kb 1940-1952

3.00

b 0.25

April 1944
4%s Water 1940-64—M&S2

b 0.15

Unemployment Relief—
2Kb July 6 1940-1947—J&J
General State Improvement—
2Kb July 6 1940-1962-J&J
1 Kb Sept 10 '40-46-M&S 10
Emerg Unemploym't Relief—
2Kb Sept 25 '40-'43_—M&S
2Kb Sept 25 '44-*45—M&S
1Mb Sept 101944-1946—

b"0.25 to3~.65

4Kb

to 2.15

M&N 15
A&O
Eliminat'n of Grade Crossings
2%s Dec 8 1940-1987—J&D

to 3.40

5s

Impt 1940-1948

b 0.15
b 0.15

2%s 1940-1969
1Kb 1940-1979

to 3.25

4%s Refunding 1944--M&N
4%s Water 1940-1970-J&J
Passaic County—
J&J
4Kb 1940-1946.
4Kb 1940-1968
J&D
Pater son—
5Kb 1940-1959M&N
4Kb Feb 1 1945
F&A
4KB 1940-1967
A&O
erth Amboy—

to 1.40

M&S

Apr 15 1940-1955
A&O
3Kb Mar 15 *40-'81—M&S 15
3%s Mar 15 *40-'81—M&S 15
3 KB 1940-1949
M&N 15
3s g Canal Jan 1 1956
J&J
38 g Canal July 1 1958 —J&J
3s g Canal Jan 1 1959—J&J
3s Canal 1957-1959
3s Mar 25 1940-1987

to 3.10

98
3.50

To

or

Bid

Bonds

Net

Newburgh
b 0.15
b 0.15

4s

4Kb 1940
M&S
5Kb General improvement
1940-1951
J&D b 0.75

3s

Yield Basis
To

Ask

b 1.85
J&J b 1.85
M&S b 0.15

4s Bidg constr *40-'49

to 3.60

Passaic—

1910-1969
1940-1968

°r

N Y STATE (Concluded)—

4%s 1940-1957
F&A
4Kb Sch & wat '40-'69_J&D
4 kb 1940-1967
J&D
North Arlington (Borough)
Refunding 4s
North Bergen ref 4s-4Ms
Nutley (School District)—
4Mb 1940-1942
F&A
4KB 1943-1967
F&A
Ocean CitySs 1944--F&A
45*s Impt May 15 1940-'56_
Ocean Co 4Mb 1940-'50.J&D
Orange—
4Mb Sewer 1940-1964.A&O b

4Kb
4Kb

Bid

Bonds

Net

New Brunswick—

South Orange—
i
4s 1910 to 1944
6s 1940-1962

Yield Basis

To

or

Bonds

4.15sl940-1952

M&S b 0.40
J&D

0.50

to 1.50

%

to 2.65

Rome 4.10s 1940-1950—M&N

0.40

to 2.25

1.80s 1940-1945——M&N

0.40

to 1.40

to 3.00
„

Rye & Har'son Un Fr S D No 6
4.4081940-1953
F&A b 0.60
Saratoga Co 5s 1940
F&A
4Mb 1940-1955
M&S b 0.50
4s Sept 11945-1954
M&S b 1.20

to 2.75
to 2.15
to 2.10

I25
I

STATE

98
Quotations for

all securities are as

AND

MUNICIPAL BONDS

near as possible for the closing day of the month preceding the date of issue

Yield Basis

Yield Basis

Yield Basis

or

Bid

Bonds

To

or

Ask

Bonds

Ask

Bid

4He 1940-45.-J&D
Schenectady—
4.30s
1940 1948J&D
4.15s 1940-1960
A&O
4s Oct 15 1910-1944.-A&O
2 He 1940-1955
A&O

6 0.25

to 1.60

Greenville 5s W W '58--F&A b 3.20
Guilford County—

less

0.25

to 1.75

to 3.10

0.20

to 2.25

0.20

to 1.20

0.20

to 2.20

M&S
M&S
r&A

0.20

to 1.80

b
4He 1940-1957
M&N,. 1.25
...
High Point 4He 1941-48.J&J 6100
5s Wat Serv 1940-1968 J&D
101
Iredell Co 5s Aug 1 *42.F&A 6 2.30
4Hs 1940-1950
A&O b 1.50

Scarsdale

_

2.20s
1.80s

1940-1950
1940-1950

0.20

to 1.70
to

M&S

0.20
0.20

Schenectady County—
4Hs
1942-1958
J&J
5s Dec 15 1940-1948—---(T) 4Hs'40-'53-M&N
Southampton—

b 0.50

to 2.80

M&N

b 0.50

to 3.00

1 He

1941-1955

1.10s

1940-1949

to 2.30

6s Ref Nov 1950
Pitt County—

to 1.90

-F&A

Somers

o

_

0.2o
0.25

M&S b 2.50
J&J b 3.90

1
1

101H

to 2.50

b 0.20

to 2.00

5s Ref & Impt 1955

6 1.50

to 1.60

b 0.20

to 1.75

4He 1940-1962
A&O b 1.00
4 He Pub Imp 1941-60.J&J
1.00

1940-1946-———M&S

0.20

to l.oO

1972.

J&J

46 H

44

Wilmington
A&O b 2.75

less

0.50

to

4Hs Sewer 1910-1953—J&J

0.50

to 2.75

J&J

0.75

to 2.65

1.80
refunding 1948-56..-J&J
J&J b 2.25

to 2.30

0.75

1940-1950--J&J

b 0.50

DIst—
2.80s 1940-1958
M&N b 0.50

%
to 3.10 %

4Hs 1940-1970
4Hs 1940-1965

due June 30 1940 to 1946— 6 0.50
6 0.50
2 He June 30, 1940-1948
6 1.75
2s June 30. 1949-1954

to 2.55

2.25

Tulsa—
5 Ha July 1946
F&A 6 2.25
5He Wat & Pk '40-*49.F&A 6 0.50
5s 1940-1947
F&A 6 0.50

to 2.20

Forks—

to 2.60

4s

Sewage Dls 1940-65-M&N

0.25

to 1.50

0.20

to 1.60

0.20

to 1.40
to 1.70

0.50

A&O
5 He 1941-1951
J&J
5s Water 1940-1953...A&O

to 2.40

1.00
0.50

b 0.85

to 1.25

0.25

Canton School Dist—
5s 1954

to 16

—J&J
J&J

>

0.25

to 1.40

>

0.20

to 1.10

103 H

104H

4 He Dec 5 1940-1942—J&D
4.40s 1958.
Cincinnati—
5 He Imp Feb
58 July i 1965

—

'4&-'51— F&A

to 3.10

4 He July 1943

to 3.50

4 He Sewer 1955
4s 1910-1956

0.25

to 1.50

1.50

to 3.05

Bldg 1940-59—M&S

0.25

to 2.70

J&D

2.70

to 2.90

J&D
J&D
-J&D

2.60
0.25

J&J

0.20

to 2.00

4Hs 1940-1959 (reg)—M&S
3.90s 1940-1954
F&A

0.50

to 2.90

5s W W 1940-1968

0.50

to 2.80

2He Sept 1 1943-49.

1.50

A&O

0.25

m

to 2.75

0.50

1.50

to 2.50

0.50

Refund'g 1 He July 15 '59

to 2.50

%
%
to 2.40 %

to 2.00

0.60

to 1.75

to 1.25

%

to 2.90
to 2.80

4

0.50

to 2.75

to 2.35

0.50

to 2.75

0.50

to 2.80

0.50

to 2.50

0.50
1.70

to 2.80

to 2.75

to 3.40
to 3.20

Columbus—

1940-1963

to 3.30

6s 1940-1957

M&S

to 3.00

4 He 1940-1953..
4 He 1910-1955 s-a
2 He 1940-1959

F&A
F&A
F&A

to 2.80

to 3.25

1.00
1.00

to 3.00

1.00

to 2.75

1.00

to 2.60

to 2.75

Columbus S D—

CAROLINA

J&D 19 6 1.50

to 2.50

A&O
He 1940-1943
A&O
He Road 1940-1941— A&O

0.75

to 2.40

0.75

to 2.25

0.75

to

A&O

0.75

to

0.75

to 2.60

5s 1943-1952..

J&J

2.35

2.25

0.50

to 2.35

4Hs 1940-1968

J&J
A&O

0.50

to 2.35

4

4s 1940-1968

A&O

0.50

to 2.35

4

A&O
A&O
—J&J

0.40

to 1.35

4s 1940-1941

1.45

to 1.65

0.40

to 1.60

J&J b 1.65
J&J h 0.60
J&J b 0.65

Cuyahoga County—
4 He 1940-1944

Dayton—
5 He W W Imp

to 0.75

1.55

5s W

41H

40 H

41H

Cleveland

East

M&N
M&N
M&N
F&A

0.50

to 2.10

0.50

to 2.60

East

0.50

to 2.65

0.50

to 2.30

F&A

2.30

to 2.40

M&N

0.75

to 2.35

4He gen imp

"0.76

0.75 to 2.50
0.75

0.50

to 2.60

0.50

to 1.60

Lakewood—

0.50

to 2.20

0.50

to 2.40

1.75
1.00

less

1.00

to 3.35

3.10

less

1

3.10

less

1

1

to 3.35

to

2.00 %
0.75

99 H
to 2.90
to 2.40

0

Allentown—

4He Sewer 1940-1959-J&D 6 1.00

to 2.40

Altoona—

4Ha Water 1940-1960.M&S 6 1.25 to 3.20
Bethlehem School Dist—
6 1.00 to 2.20
4s 1940-1915-1950
103 H
Braddock 4He '40-'41-_M&N
101H
Cambria Co 4He Nov 1 '40-'45 6 1.30 to 2.50
Del River Jt Comm Bridge
Easton-Phillipsburg 4 He.
1961
.F&A
106H

114H

Easton (Water Works)—

M&8
F&A

6 1.00
6 1.00

to 2.30
to 2.40

%
%

4Ha Jan 1 1941-1940.
Fayette County—
4He Highway 1952
J&D

6 1.00

to 2.20

%

6 2.90

2Hs 1940-1960
4 He 1940-1960

Lancaster

4Hs
to 2.00

_

1.00

to 1.50

1.00
1.00

to 2.25

0.75

to 2.50

0-75

to 3.00

to 2.50

1944—MJcS,
—

are

to 1.50

•

2.60 %

Harrisburg—■

Lima 5H" Sewer 1940-1947..
5s Sewer Feb 1 1940-'51 F&A

since Jan. 1,1913,

1

1.40
Bridgo 1942
F&A
1940-1958
/.—M&S &Tbo" to 2.40
2 Ha Dec 1 1940-1905—J&D 6 1.00 to 2.25
2H Apr 1 1940-1967..A&O 6100H to 2.25
2 He 1940-1968
J&D 6100H to 2.25
100
2 He 1940-1961
F&A 6100H

6 0.80
4s May 15 1910-1953
Jeanette 4 He 1940-1950-M&S 6 1.20
Lackawanna Co 4s 1944-F&A

——A&O

4 He 1940
.J&D 2
Mahoning Val San Dist—
4He water 1940-1952..A&O
Martin's Fy 5s 1940-'44_M&S

H

less

to 1.35

4s

to 2.50 %

'40-'41.A&O

Lucas Co 4s O H

less

4s

to 1.25

IJverpool 4s 1940

4 He Oct 1945
5s Pa^k & Imp

6 0.30

1942,
6 0.30
1945, 1947. 1950, 1952
3Hs Turnpike Revenue—
98
1947-1968
F&A
Allegheny County—
4 He 1940-1902
A&O 6 1.00
4 He July 1910-1958
J&J 6 1.00

Erie S D—

0.75
Elyria 4Hs 1940-1952—M&S
1.00
5s W W 1940-1940—-J&J
Fostoria 5s W W 1940—M&S
Hamilton County—
4 He 1943
F&A
4Hs Sewer Oct 1 1940-'47__ 6 0.75

Durham County—

to 2.80

_

1940-43..A&O
J&J

J&J

4 He Sept 1 1967opt'43-

.

Dayton School Dist—
5Hs 1941
-M&S
5s Mar 16 1940-1940-M&S10

Hi 1940. 1944. 1949

Phlla-Oamden—

1944—J&D

Imp 1945
F&A
1940-1951—M&S
4Hs 1910
—..M&S
4 He 1941-1961
M&S

Asheville—

40H

1.50,
1.50'

W

4 He Bdge

to 1.00

75 H

4s Highway Apr.11940,

to 3.50

to 3.40

to 2.50

73 H

0.50

4s 1940-1958.
F&A b 0.50
3 He 1943-61
..J&D b 2.50
b 0.75
3.30s April 1 1940-1956
b 0.75
3.10s Oct 1 1940-1964
2.80s 1940-1959
M&N b 0.75




to 2.70

0.60

Refunding 3 He 1965—J&J

to 2.90

Ohio municipal bQnda Issued

0.50

1.50
to 3.00

Port of Astoria—

to 2.40

♦

to 2.40

2Hs Ref imp '40-*45—M&N

to 2.50

H« 1940-1951
J&D
Forsyth Co 4 He '40-'58-J&D
Greensboro—
5a Water 1942
F&A
4Hs 1941-1963
J&J
4 He 1940-1965
F&A
4s Water Works 1954
J&J
Refg 3 He 1967-1962— J&J b

0.60
1.75
0.60
0.50

M&N

0.50

0.50

4

to 2.70
to 1.75

0.50

0.50
M&S
0.50
M&S
Cleveland Heights S D—
6s 1940-1959
A&O 6 0.50

4 He 1940-1966
J&J
5s Water 1941 to 1945-J&J

to 2.75

J&D

2He 1910-1951

3 H» 1940-1959
3s 1960-1977
2 He 1941-66
Durham—

2.40

—J&D

2 He 1940-1951

1940-1970
1940-1979-

37
to 1.75

PENNSYLVANIA

3s

4 He
4 He

35
0.75

JH% Tax anticipa'n notes—
Series "E T" May 311941.. 6 0.40
5s July 1 1951 Series O
J&J 6 1.50

to 3.50

Charlotte—
5 He 1940-1948

to 1.25

to 1.00

1.90

to 3.50

July 1 1976
Buncombe County—
l-4s gen ref July 1 1976—

0.60
0.60

6 0.60

4 He 1940-1960
M&N
4 He Ref Water '40-'53.J&J
4s Water 1940-1958
J&J
3s Ref imp 1940-1947. J&D

Cleveland—

to 3.40

l-4s gen ref

to 1.75
to 2,25

to 2.25

to 3.00
to 2.80

0.50

1942-1943—
1943-1946

1.00
1.25
0.60

to 1.90

0.75

1 Hs
1 He

to 2.10

to 2.25

0.50

5He Jan 1941-1961---A&O

2 He 1940-1948

to 2.20

July 15 1940-1945.J&J15

4 He Dock 1943

0.50

to 3.50

2s 1948-1949

2.75
2.00

Portland—

to 1.50

2s Sept 1 1940-1963
M&S
1 He Wat. wks. '40-79 M&S
Cine Southern Ry—

to 3.50

3 He 1940-45
2 He 1946-47-48

to 1.75

2.15

4a

to 2.00

1.00

NORTH

6 3.00

5s Harb Dev 1940-50-M&N

1.60

0.50

0.75
1.00

5s July 1961.
4 He 1941-1962

J&J

4Hs Bridge 1940-1944.J&D
4 He 1949-1956
F&A
4s Bridge 1945-1955—.J&D

to 2.10

A&O

2H* gen & ref July 1 ,43-*46 b 2.00
2Hs 1940-1954
A&O b 0.50

Ref 1-5% 1967

Multnomah Co—

to 1.25

0.50

Yonkers—

4He July 1 1940-1962.A&O
4He Mar 1 1940-1956.A&O

6 0.50

Astoria—

to 2.75

3 He Sept 1 1940-1962
2 He Sept 1 1940 to 1956—
2 He Sept 1 1940 to 1970..

5 He 1940-1970

A&O

.00

to 2.00

dIco
Wolcott—

5s 1940-1961

to 3.20

0.50

4He Grad Oros'40-'54-A&O
4 He Fire Dep '40-'55-.A&0
4 He 1940-1950
M&S
4s Sewage 1940-1958—M&S
3 He 1940-1949
A&O
3 He 1940-1956
A&O
3 He 1944-1953
M&S

6s Feb 1 1940-1952

to 3.10

1.00

M&S

White Plains—

4Hs July 15 1940-1942-J&J b 0.50

1.00

J&J
J&J
A&O

to 3.15

0.25

May 15 1940
3He May 15 1941-1945—
4 He H'way '40-'49 (s-a) _A&O
4s Highway 1940-1942._A&0
4s Highway 1940-1941—A&O

A&O

0.50

3Hs 1940-1951
1952-1980-

County

Multnomah Co 3 D No. 1—

3.00

3 He 1940-1963
2s 1940-1951

0.50
to 2.00

2 He

to 3.00

5H» highway 1940-'53.F&A
Warsaw Union Fr S D No 10—

>

to 3.25

tfT3.00

Canton—
5s Sewer 1953
M&S
6s Water 1944-1959—.A&O

3 He

to 1.75

to 1.25

1.00
1.00

Ashland 5He 1940-1944.A&O

J&J

1.00
0.75

Allen Co 5 He 1940-1950.A&0

4s June 1 1959-1964

2.25 %

-A&O
A&O
4He 1940-1956
A&O
4s Water Works 1942.A&O

4 He 1940-1947
4 He 1940-1952

to 2.40

4s Co

to 2.40

OREGON
Akron 6s 1940

to 1.40

0.20
0.20

>

6 3.25

to 1.20

0.20

>

to 1.75

(See footnote *)

to 2.20

4Hs San Sew '41-'82__.J&J
4Hs Parkway 1962-86-J&D
4 He Co Bldg 1940-44.-A&O
4He '44. *45. '56 & '69 J&D

to 1.50

to 2.00

to 2.50

to 2.00

4Hs Bridge Rev '67-M&S
Westchester County—
6s 1940-1976
J&D

1940-1947—.M&S 6 0.50
4 He Water Works 1941 J&J 6 0.75
5 D 4Hs 1941-1953
J&J 6 0.50

Highway 4 He 1910-'46 A&O
Okmulgee 5s Mar 15 1943

6 0.20

1.50s 1940-1946
Thousand Islands—

Muskogee—
4Ha Aviation 1941-53..J&J 6 0.75
Oklahoma City—

3.20 %
3.20

b 0.25

4 He
1940-1953
5s 1940-1945-

to 2.35

4Hs July 1951 & 1955...J&J b 3.75
4 He Jan 1957
J&J b 3.75
Fargo 4s Aug 15 1940-1954— 6 3.25

025

1.75

—

%

b 0.35

Oct

to

5s Water

1940-'50_F&A

4 He 1940-1942
Water town—

to 1.75

112 H
to 3.20 %

OHIO

Warren Co 4He

to 2.50

1.00

0.75

Oklahoma

Utlca—

3Hs May 15 '40-'51.-M&N
Revenue 2.75s 1940-66 A&O
Rev 2.60s 1967-1969-A&0
1.4081940-1969J&D

2.00

2.75

to 2.50

0.25

4 He Pub Imp '40-45-J&J15
4.20s 1940-1949
F&A
4.15s 1940-1950—-M&N
4.10s 1940-1946A&O
3.90s 1940-1948.
F&A

to 2.75

2.00

0.25

A&O
J&D
J&J

to 1.25

0.75

5s Farm L'n 1941-45&'50 J&J b 3.00
5He 1945 & 1948 ser O...J&J b 3.25

Grand

^HT 1940-1950

1.00

Funding 1H% to 2H%

NORTH DAKOTA

to 3.00

Union Free Sch

Triborougd Bridge—
4s s frevenue 1977
A&O 111H
4s serial revenue 1942-*68— b 1.25

3s refunding 1956-68

%
1.50 %

°.75

OKLAHOMA

to 1.85

to 2.85 %

6 He Water

to 2.75

1

to 2.80

0.75

4 He 1940-1958
4s

1940-1950---J&J 5 0.50

0.50

2.50

1

M&S
M&N 15

4 He 1940-1973....

%

to 3.00

Water

to 3.00

3°00
to 2.75

)

5s Sept 1940-1947

0.50

5s

0.50

Winston-Salem—

See
Watert own"
Ticonderoga S D No 5—

Thousand Isl'dse

Tonawanda <City ofj—
3 He sewage 1941-69—J&J
4 He 1941-1942.—--J&J

0.50

to 2.75

4Hb 1940-1953
M&S
4He Nov 1 1940-1953—_
4s Park July 1 1942—J&J

to 4.80

100

to 2.00

to 2.75

to

0.50

4HB 1940-1959
A&O
4 Ha 1940-1950
A&O
Youngstown—
6s Bdge 1910-1941
A&O
4Ha 1940-1957
A&O
Youngstown School Dist—
4 He 1944-1947M&S
5s 1910-1944.
M&S
Zanesville S D 5s '40-'43.A&0

less

Rutherford Co 5s '40-52.-J&J 6100

to 2.00

%

%
2.70 %

Toledo School Dist—

A&O

Salisbury 6s 1940-1941. .M&N
Transylvania County—
Refunding 1H% 1940-1942
2% 1943-47, 2H% '48-'52
3% 1953-57 and 4% 1958-

to 2.75

to 2.60
to 2.50

to 2.75

to 3.50

to 1.75

to 1.60

to 1.50

to 1.00

0.50

to 3.05

to 2.00

to 1.50

to 2.25

to 1.75

to 3.00

3s 1955-1970

Randolph County—

to 2.40

to 1.25

5s W W 1910-1944
F&A 6 0.50
6s Pub Wharf 1960—M&S
5s Sewer 1949
M&S
0.50
4He 1910-1954
M&S15

b 2.80

„

b 0.50

1

to 2.90

1951-1956

b 0.20

J&J

less

M&N,6 2.75

3He

b 0.20

4He July 1940-1958

to 3.00

to 3.25

1946-1950

1940-1971---—J&J15
2.20% 1940-1957
M&S
2s 1940 1956--M&S
2.10% Aug 15 1946-1947—lHa 1940-1948
F&A
lHs

1

4 He 1940-1947
F&A b 1.25
4Hs 1948-1959.......F&A b 310

to 2.10

Not

Ask

Toledo—

less

to 3.50

to 2.80

to 2.10

0.20
ref 1940-57 M&S
0.20
2.20s June 1 1940-1962 J&D
0.25
Sullivan Co 4Hs '4b-'45-A&0
Syracuse—
5 He 1940-1960
M&S b 0.25
4 He 1940-1944—----M&N b 0.25
4.20s Dec 15 *40-71 J&D15 b 0.25
4s 1940-1946
-F&A b 0.20
3Hs 1940-1951
J&J15 b 0.20
2 He High &

3s

less

to 3.50

M&N b 2.40

to 2.25

A&O
1940-1951—---F&A
1940-1957

4 He
3 He

to 3.20

Conservancy Dist—
0.50
5Hs (1 to 5 yr mat*y)_„J&D
1.25
5Hs (5 to 10 yr mat'y).J&D
Montgomery County—
1.00
5s Flood Emerg '40-'42 J&D
Newark 4 He 1940-1941.-A&O
0.50
Portsmouth City S D—
4 He 1941-1950.
J&J 6 1.25
Springfield—
0.50
4He 1940-1949
M&S
0.50
4s 1940-1955
M&S
Summit Co—
4H 1910
A&O

Raleigh—
5s Impt June 1 1944.-J&D b 2.25
4 He 1940-1967.
A&O b 1.00
4s

.

M&N b 2.20

4 He 1943-1947
5s Fund June 1959

.

„

5s
1940-1971
Suffolk County—

0.75
0.25

Bid

Bonds
Miami

1

Mecklenburg Co—

„

,

Solvay 4 He 1940

Lincoln Co—
5s Bridge 1940-1951.—F&A b 1.00

1,50

to 1.60

To

or

Net

to 2.00

%

to 2.70 %

2.30

Conty—

1940-1960.

F&A

6 0.75

Lancaster 8 D 4s May 1945
Lower Merlon Two 4s 1945

to 2.25

?25
1.25

McKeesport Sch Dist—
4He 1940-1943
M&N 6 1.25 to 1.70 %
Mercer Co 5 He '40-'47..F&A 6 1.20 to'2.50
AO
Norristown S D 4 He 1943-J&J
Philadelphia—
5a Jan 1951.
J&J 117
5• June 1 1962 opt *52.J&D
118H
5s June 1 1982 opt '52.J&D
118H
4Hs May 1948
J&J 110H
112 H
4He Nov 1 1948
J&J 111

taxable, all bonds issued prior to tha' date are tax-exempt,

i

6 Basis,

f Plat price.

Feb., 1940]

STATE

AND

Quotations for all securities are as near

as

MUNICIPAL BONDS

Yield Basis

Yield Basis
To

or

Bid

Bonds

Bonds
SOUTH

107

J&J
J&J

113

4s July 26 1972
J&J
3%s July 1 1986 opt 1956..

10824
110%

10914
10314
10514
11014
104

J&J
J&J
J&J

4s Jan 1

1946—
4s Feb 16 1955
4s Nov 1 1966

3%s Jan 1
2%s Jan 1

106

1946-1960.-J&J b 2.10

1.90 %
99

to 2.85

Operating Revenue—
154s Apr & Oct 1940-1941
Pittsburgh—
4%s 1940-1950
J&D
2Its Sch Dist 1940-62.A&O
2Ws July 1 1910-1956-J&J
2%s Feb 1 1940-1958.P&A

to

1.75

to 2.80

b 0.90

b 0.75

to

90

95

100

70

80

95

99

3s

2.15
to 2.20
to

2.70
to 2.10
to 2.75
to

610014
610014

to 3.00
to

2.55

6 1.20

to

6 0.70

to

2.00 %
1.40.%

0.50

to

0.35

to 0.75

1.50

M&S

1.35
2.00

2.25

J&D

2.25

J&J

-4.00
>1.00

2.10

>•1.00

2.60
to 2.75
to 2.75
to 1.25

1.00

to 2.50

0.75

to 1.00

2.00

1.75
2.00

'

DQ0

Ref 1941-1948—J&J

48 Jan 1

1945

J&J

1.25

1.10

Refunding
Refunding
Refunding
Refunding

4s Oct 1

1954.

A&O

2.00

General

4s May 2 1957

M&N2

2.25
2.35
2.50
2.50

2.20
2.35
2.35
2.00
2.00
2.25
4.UVJ
2.00 /O
2.20 %

General

4s Water 1962
4s Oct 1 1964
4s 1910-1950

3s

1944-1951

254s 1951-1959
214s 1940-1957

J&D
A&O

J&D
....J&D
F&A
P&A

2s May 1 1940-1958
WPA School Loan—

0.75

to

1.15

to

2.00

to

0.75

to

0.50

3s 1946-1965

J&J 6 1.25

to

to 2.35

;

Funding

%

1.50 %
to 3.10.%
to 3.10 %
1.50 %
to 3.10 %
to

2.751%
to 3.10 %
1.75 %

Gas Plant—

3%s 1940-1944
2.10s 1945-1954
Electric
3 Hs

2.10s
J&J

of

to 2.75

1.00

314s Refunding 1940-1955
State Highway Certificates

1.00

to 2.60

3s 1940-1952

—J&D
J&D
J&J
A&O

1.00

to 2.50

1.00
1.00
2.30

6s 1941-1942
58 March 1940-1960

to 2.50

1.00
1.00

%

to 2.50
to 2.80

%
to 2.40 %
to 2.30 %

4 Ws Highway 1940-43.F&A
Charleston 4%s Jan 1942-J&J

1.00
2.50

814s Wat Wort* *40-"78A&O
Columbia 5« Ref 1941..M&S
414s Water 1945
J&J

to 2.25

J&J

1.00
2.25
2.30
2.25

8 Ha water ref 1940-76 M&N

1.00

to 3.25

Greenville County—
4Hs 1910-1955
J&J
4Hs Highw 1940-1945.F&A
Greater Greenville Sewer Dist

1.00
1.00

to 2.75 %

*

4%e 1967.
M&N
3s sewer 1940-1958—J&D
214s sewer 1949-1958.J&D

4.00

1.00

1.75
2.25
2.10

1
i

to 2.30 %

3.50 %
to 3.00 %

3.00

to 3.25

%

1.00

to 2.80

%

Kershaw Co—

5s Highway 1940-1946.F&A
Marion Co—

4%s 1940-1941
M&S
1.00
Spartanburg—
4Hs Water 1941-1965.J&J 6 1.00
5s Nov 1

1943

Spartanburg County—
414 s 1940-1917
Sumter County—

„

to 2.75

to 2.60

J&J

1.25

to

1.00

to 2.70

%

%

4%sref Apr 1 1953-1964— 6 3.50

Road 1948_

5 3.20

5 0.50

to 2.90

5 2.50

2.30

5 3.00

2.90

5 0.50

to 2.75

5 0.50

to

4s Refunding 1942-1951 J&J
Burlington—.
4Hs City Hall 1940-55-J&D

1922

3 %■ 1940-1952
4s 1953-1977

3.00 %




1.90
2.15

0.75

1.75

2.00

to

2.35

2.70

to 2.20

|

2.50

I

to 2.75

%

to

to 2.75
to

(Commonwealth)

°"s

1962

2.00 %

2.30
2.15
0.30

Refunding 1947-*60—J&J
A--8 Refunding 1940-*46—J&J

Alexandria—
3s

1910-1973-J15

to

92

2.75 %
2.50 %
2.20 @

1.00

to 3.30

%

to 3.90

5 3.60

%

3.40 %

5 3.75

3.50 %

98
to

3.50 %

to

0.75

to
to

3.00 %
2.50 %

to

2.80 %

%

3.10
t® 3.40
to

%

3.40 %

1.70 %
2.60

2.75 %

J&J
0.40

to

F&A

0.55

to 2.95

%

5%s School 1941-1953—J&J

1.60

to 3.25

%

5s 1962 opt 1942
5s Water

„

1.65
2.90

5Hs 1940-1954

Bristol—

Charlottesville—
%
2.30 %

2.05 %
1.50 %
to

& D 15

Arlington County—

M&S

Impt 1958-. .J&J
Danville—
4%s July 1 1940-1950--J&J
Fairfax Co 4%s
1945-F&A2
Henrico County—
School 5s

1941-1950—J&J
4%sJune 1 1957
J&D
Lynchburg—
4s Pub Impt
1941-1959.J&J
Newport News—
4%s 1940-1958
F&A

New folk—

4%s 1940-1972
5% Water May 19521
5% Port Terminal May *52Petersburg 4%« 1952—A&O
Portsmouth—
5%s 1951
f&a
4%s 1940-1954
J&J
5s Water 1948—
J&D
Richmond—
4%s 1958-—J&J
4%s July 1 1964
J&J
4Hs July 1 1941
J&J
4Hs July 1 1965
J&J
2%s 1940-1953
J&J
l%s Jan 1 1941-1960
Roanoke—
2Hs Water 1940-1968.A&O
2Hs Jan 1 1941-1958—J&J
4%s 1940-1956-

1.40 %
2.70 %

0.35
2.80
6

to

2.70 %
2.45 %

0.30

to

2.60 %
2.65

6 0.30

0.55

to 2.25
to

0.30

to 3.35

2.55
3.05

less

less

1

3.10
0.80

less

1

1.85

less

2.15
2.20

less^l

to 3.05

lass^l
0.45
less

2.15
0.30
0.25

to 1.85

0.30

to 2.55

95

1

to 1.70

to 3.25
to 2.45

0,30

to 2.25

J&J 6 0.55

to 2.80

to

3.60

Washington County—

1 Optional to Jan. 1, 1943 at 104; 1948 at
103; 195^ at 102 and 1958 at 100.

%

jl

to

3~40

%
2.90

1

0.30

to

%

2.80 %

0.30

Staunton 5s 1940-1958—M&S
Tazewell Ce 5s 1941-46—J&J

100

5s school 1941-1949

/ Flat price.

2.20
2.30
1.10

to

Albemarle Co 5s 1948

to 1.00
to

%

A&O b 1.09
A&O b 3.10

to_2.60

to

4s

to 2.35

J&J 6 1.00
J&D

toU .70

VIRGINIA

to 2.35

6 0.50

1954.M&S
A&O b 1.25

0.50

0.50
1.90

6 1.00

to 1.90

88

J&J b r50
J&J b 0.59
J&J b 2.50

0.75

Rutland (School Debt)—
4s 1940-1948
—F&A 6 1.00

to 1.50

TEXAS

4%s 1940-1961
4%s 1940-1953
4%s 1954-1958
Beaumont—
5s Water Works
5s 1946-1965
4%s 1940-1970

toll.60

to,1.90

6 0.75

«

2.75

to 1.50

J&J h 0.50

0.50

0.40

to 2.20

5 2.65
5s Aud Mkt H'se 1949.M&S
5 2.45

5s 1940-1942

0.75

0.70

3%s 1940-1948J&D 6 Par | to 1.75
4%s Oct 1
1940-1949—A&O b 0.50 to 1.85
Brattleboro—

to 2.30

Abilene 5s Feb 15 1959-1965-.
96
Amarillo 4%s *40-'58-M&S 15 b
1.00

92

VERMONT

2.70 %
2.75 %

5 0.50

5 2.00

19 and

3.00
to

5 2.90

5

3.75
97

pages

STATES—See

Q

3.00

F&A 5 3.00

4%% Jail 1940-1951—M&S
Smith County—
/
5%s Fdg 1941-1958
J&J
Tipton County—
4%s Road July 2 *40-*58J&J
Washington County—
5% Fdg Jan 1 1954
J&J
White County—
5%% Highway 1955-.M&S

to

95

5%s April 1 1941
—J&J
l%s refunding 1940-1955
Ogden 4H%
1940-1945—F&A
Salt Lake City—
5s Refunding 1941
J&J
4s Ref 1940-1945
A&O
4s Ref 1946-1965
A&O
Salt Lake City S D—
4s May 1 1949
M&N
5%-2% % Refund *58-M&N
Salt Lake Co 4%«
Apr 1 1942

3.40

l'.60

1.50
to 3.40

UTAH
104%
104%
104%
104%

Shelby County—
4s Courthouse 1957—A&O

4s 1942 opt

b Basis.

to 270

%

to 3.00

Austin—

2.80 %

J&J b 0.75

Wichita Falls—

UNITED

5 1.50

5

1.25
to 3.25

2.75 %

5 3.60

J&D

to 3.25

4%s Water 1940-1968—J&J b 1.00
Wichita County—

1

2.50

111%

J&D

2.00 %

1.00

to 3.25

3,75

J&J b 0 50
-.F&A b 0.50

Waco—

%

3.50

5 3.15

Robertson County—

%
2.25 %

6 2.50

J&J

to 3.80

110

A&O 5 0.50

2K8e 1946-1959—IIJ&D

Polk Co 5s 1910-1946

to 3.20

M&S

5s 1941-1952
York County—

4%s 1941-1950

to

3%s 1942-1945
_

to 3.25

5s Water Works
1942—J&J

105%

4Hs 1940-1967
J&J 5 0.50
4Hs 1940-1948
M&S 5 0.50
Electric Power Revenue—

%

2.35 %
to 3.25 %

to 385

4%s 1941-1967
4Hs 1940-1968
3s July l 1940-1951

4.30 %

108

M&S 5 0.50
5s Memorial Sq '40-50.M&S
5 0.50
4%s Hospital ^l-^e.-J&J 5 0.50
4%s 1940-1968
M&N 5 0.50

2.00
to 2.50

5%s W W 1940-1965.M&N b 0.75
5s Sept 1940-1959
M&S b 0.75
5s St Impt Dist No 2
1943

I

5s Cumber¬
land River Bdge 1953.F&A
5 3.20

Co—

Greenville 5a St 1942

1.75
to 2.10
80

107

J&D 5 1.00
J&D 5 2.00

to 2.25

to

San Antonio—

1

Nashville—

214s 1945-1954
114s 1941-1950
F&A
Aiken Co 414s 1940-1945.F&A
Anderson

1942-1949
1950-1969

to 2.60

to 2.65

-—F&A b 0.75

3.60

3.70

104 %

Plant—

to 2.40

to 2.50

1949. 1954, 1959. 1964.—. b 1.75

„

106

J&D 5 0.50
J&D 5 1.65

to 2.65
to 3.75

5a 1940-1970

„

3.75 %

105

5 0.75

tb 2.60

Port Arthur—

3.00

104

Montgomery Co

Indebtedness—

414s 1940-1953
314s 1940-1949

3.10

to

104

Funding"i952-l"962"."A&6

System Revenue—
3%s 1941-1954
J&J
3%s 1955-1958
J&J
Madison County—
4%% Highway '40-'49 J&D
Memphis 5s July 1954...J&J
58 River Term '40-'48.A&0
4%s Water 1940-1962..J&J
4%s Water 1949
J&J
4%s Park 1959...
A&O
4 Hs 1940-1955
J&D
4s 1940-1954
M&S

SOUTH CAROLINA
4s Institu'l 1940-1959

98

104

Electric

to 3.25

4%s Impt 1940-55(s-a)-J&J b 1.25
4%s 1942-1947-----—— 6 1.00
Houston S D 58 Feb 1952-4%s 1940-1951
J&D b 0.75
Palestine 5s Sch Aug 1 1944.

96

104

Watflp A Us

Woonsocket—
4H4funding 1941—..J&D 6 1.75
6s Fund 1940-1961
M&N 6 1.00
414s 1940-1967
J&D 6 1.00
414s Funding 1944
M&N 6 1.85
414s 1910-1967
J&D 6 1.00
414s June 1910-1957—J&D 6 1.00
5s Funded 1940-1959.-A&O,6 1.00
4s Funding 1947
A&O 6 1.90

4%s Jan 1 1958.
4%s Jan 1 19585s Jan 1 1958.__
6s Jan 1 1958
Obligation 4%s
Obligation 4%s
Obligation 5s
5%s Sept 1950

General

4s

to 3.25

J&D b 0.75

%

to 3.20

4%s Apr 10 '40-'56-A&010 & 0-50
Houston—
4%s Sept 1940-1952—M&N b 0.50
4%s 1940-1957
J&J b 0.50

1.30
2.00

County—

t

2.10

b 0.75
b 0.75

3.1

Harris Co—

1.60

96

2.85

J&D

b 0.75
b 1.00

2.75 %
%
to 3.40 %
to 3.25

to 2.40

3.00 %

to 2.70

93

2.75

i

to 3.25

to 2.50

5 1.00

5%s Impt 1940-1946—J&D

3.00

to

to 2.75
to 2.25

b 0.75
5s 1940-1956
—A&O 6 0.75
Grimes County—
5%s Road 1940-54.A&O 10 6 1.25

2.40

4 Hs Bridge May 1 *51 M&N
53.00
Knoxville—

0.75

414s 1940-1959

1.25

1.80

Johnson City—

2.75

3.10

1.80
0.50

to 2.70

4% to4%% due 1969-

3.00

J&J
J&D
M&N

b
b
b
b

0.50
2.25

4%s 1940-1971
F&A
4%s 1940-1964
F&A
4s Refunding 1941
J&J
Ind Sch D 4s ^O-TO—F&A
3%s Nov 11940-1967-M&N
Galveston—
5s Grade Raising 1944-A&0
5s School
1940-1954.-M&S

%

1.60

4H% Refunding 1957.A&O 5 3.70
5% Bridge 1944.
5 2.75

4%s

to 2.60
to 2.75
to 2.80

A&O

Fort Worth—
5s 1951
5s 1940-1959-,.

1.40

Jackson—

Knox

5 0.75
6 0.75
6 0.75

A&O b 1.00

4%s 1940-1960

1.60

5 1.50

—

Pawtucket—

414s 1950
414s Sewer 1952..
414s Shool 1954
Providence—

1.80

4%s. 1940-1958
Hamilton
County—

„

2.10

Sept 1 1946

4%s Highway 1947.._J&J 5 2.00
5% Co Memorial '40-'50J&J 5 0.50
Dyer Co ref 3 %-4 %s 1965
77
Fayette County—
4%s Road 1958
J&J 5 4.50
Gibson County—

to

3.75 %

102

5s W W purch 1950
A&O
5s Impt Aug 1 1948—F&A

less

Davidson County—

0.75

Cranston—

Newport—
514s June 1 1940-1953
414s Mav 1940-1942—M&N
4s May 15 1948
M&N
314s g High sch 1954.J&D

—J&D b 1.00

1947-1948
—J&D
1.80
Sept 1 1944—
1.50
Sept 1 1945
b 1.60
1948
J&D 5 2.00
3.90s Sept 1 1955-1958
5 2.60
4s 1940-1955..
5 0.25
4%s 1940-1967
5 0.50
4%s bridge 1944-1945
5 1.80
6s July 1 1943.
5 1.60
6s April 15 1946-1947
5 2.20
Carter County—
5s funding Jan 1 1959..J&J
90
5%s road
*
92
Chattanooga—
Electric Power Revenue—
2 %s 1941-1968
_J&J 5 1.00
2%s July 1 1969
J&J 5 3.15
4%s School 1956. —A&O 5 3.90
4%s Memorial Aud '52M&N 5 3.80
5s Hospital 1954..
M&S 5 3.90

to 2.30

to

Ei Paso—

2%s
3%s
3%s
3%s

2.20

1.50

1% Relief 1942-1943. —M&S
114% June 1 1940-1943.-J&D
3% Public Wks 1951-56.M&S

4s 1941-1966

1

TENNESSEE

>2.10

ISLAND

414s Mar 15 '40-73-M&S15
5s 1940-1942
A&O

less

to 2.10

b 0.75

6s 1940-1950..
.s.
F&A b 101
Scranton School District—

214s Nov 15 1942-1971

to 2.10

to 2.50

1.50

b 2.30

to 2.75

5%s Dec 1 1940

2Kb 1940-1963
J&D
1.50
Reading 5s Impt 1943-49-J&J
Schuylkill County—
4Hs 1940-1955
—J&J b 1.00
Scranton4%s 1940-1941.F&A 610014

4s Oharit Inst 1965
4s June 1 1977

b

M&N
4%s 1940-1970
M&N
4% 1940-1945
M&N
4s School 1940-1951
J&J
2%s 1940-1957
J&J
2%s voted 1940-1958..F&A
Dallas Co 4%s Apr 10 1951-.

to

0.75

RHODE

%

to 2.60

85

2.15
to 2.10

-F&A

4Hs 1941-1956...
J&J
3% opt rev 1940-48.-M&N
Wilkes-Barre—
41*8 Impt 1941-1945—J&J
York 414s 1940-1943
F&A

less

b 1.80
b 1.80

Ask

oa—

Dallas—
5s 1940-1900

b 2.50

10014
b 1.00

J&D b 2.40

—

1

b 1.25

Bid

5%s Impt Apr 10 1956-1966 b 3.25
Corpus Christ! 5s fd "67.F&A
101

%

ess

less

Sioux Falls S D—

Public Works Relief—

414% 1953
School District—
3s 1944-1964

b 1.00
& 2.25

County—

4-4 %s
Jackson Co—

to 2.85

J&J b 1.00
..J&D b 1.00

4s 1940-1942

4s 1940-1956

tlra

1942-1958

Corson
to 2.10

or

Bonds

Net

4%s fund 1940-'47.M&N15
Perkins Co refunding 3-4s
Stanley Co refunding 4%s—_

Philadelphia School Dist—
4Hs 1910-1913
J&J b 0.50
4Hs 1941-1959
L-M&N b 1.00
4Mb Apr 15 1940-58.A&Ol5 b 1.00

Ask

DAKOTA

1941
M&S
5%s Jan 15 1943
J&J15
4%s Rural Credit 1942—J&J
4%s Rural Credit—
Due May 1 1943-'50..M&N
Ref 4s Aug 1 *43-'49
F&A
3%s 1«43 to 1946...
F&A
3s Feb 1 1947
F&A
3s
Refdg 1950-1959. _F&A

112%

to

Bid

6s Sept

'107

104

J&J 6 0.60

1941-45

Yield Basis
To

or

mt

Ask

Philadelphia (Concluded)
4Mb 1976 opt 1946
4Hs Dec 17 1978
4s July 1942

99

possible for the closing day of the month preceding the date of Issue

2.80

STATE AND MUNICIPAL BONDS
of the month preceding the date of issue

100
Quotations for all

securities are as near as possible for the closing day

b 0.50

1940—-—J&J

b

0.50
4M% Gen oblig 1940-1943J&J
4% Gen oblig
1948-50 b 2.00
3 M% Gen oblig
1950-61 b 2.10
3M% Gen oblig
1951-52 b 2.10
Toll Bridge Authority—
Revenue 4s 1968
J&D 100
Olark Co 5Ms '52 opt *33 A&O
Refunding 6s 1953
M&N 64.00

to 1.20
to 2.20
to 2.30

oblig wat_1940-59

6 1.00

2.30

to

_

„

Everett—
4 Ms Gen

to 0.75

102
3.75

3.50

to

Water revenue bonds—

2.60

2.80

1946—

4s 1946-54 optional

0.75

2s 1941-1945-

1.00
2Mb Water ref—1940-42
King County—
1.00
4 Ms Bridge 1940-49-M&N
4 Ms 1940-1950
M&N 1.00
Pierce County—
b 1.00
4MB 1940-1944
<
Port of Seattle—
1.00
6s 1940-1955
-M&S
1.00
4 Ms Jan 1941-1955
J&J

to 2.40

2.00

to

Spokane—
4 Ms Park 1962
J&J
4s & 4 Ms ref 1940-51—J&J
3 Ms Ref 1943-1954
J&J
4 Ms 1940-1954
M&S
5Ms 1941-1953
J&J
5s Imp Mar 1 1940-1942—Spokane Water Revenue—
4Ms-4Ms 1940-1941— A&O
4.00
Tacoma—Revenues—
%
4Mb Water *40-*43 (s-a)J&J
4Mb EIL&P *42-'46(s-a)J&J
%
4MsEIL&P,40-51(s-a
A&O
4s Water 1944-1946
J&J
—

%

I

to

2.90 %
2.90 %

to

2.10 %

to

to 2.90
to 2.90

6s 1940-1941 L & P
A&O 1.50
1.50
5 Ms L & P 1940-1943 -M&N
6 2.25
5s Light & Pow 1942-56A&0
b 1.50
4 M Lt & Pr 1940-*58—M&N
/
Emergency Funding opt 44

^

to 2.25

2.50

to

to 3.90

4.00

to

2.50

6 2.75

6 1.50
6 1.50

5b Wat rev

2.90
2.70
2.75
2.85
2.90

6 3.25
6 1.00

to

6 2.00

to

6 1.00

to

6 1.25
6 1.00

to

6 1.00

to

6 1.25
6 1.25

to 1.60

6 1.00

to 2.10

6 2.25

to 2.50

3.10

6 3.00

to

6 1.50

to 3.65

3.70

to 2.30

Eau Claire 4Mb 1940-1944.J&J 6 0.50

to 1.25

Green Bay—
4Ms 1940-1947

1.25
2.00

to

0.50

to 1.50

0.50

to 2.75

J&D 6.0.50

to 1.80

A&O
6b W W 1940-1960—_M&N

Madison—

1940-1949

1940-1951-J&D

to

1940

J&J

3.00

.00

..J&J

4Mb 1940-1945
4s
1940-1944
Milwaukee County—

Milwaukee—5s

to 2.50

6 1.00

4 Ms Ct H'se

0.50
0.50

to 1.40

0.50
0.50
0.50
1.00

to 1.90

1.00

to 1.50

1.00
2.00

J&J

to 2.25

*40-*50 M&N 15

to 2.00

4Mb Sew Mar 12 1940-19454Mscourth'se *40-49 J&D16
Racine—4Ms 1940-*57-M&N
6s 1940-1941
-F&A

—J&J 6 0.25
4Mb
1940-1943
—J&J 6 0.25
4a 1941-1950—
..J&J 6 1.70
4s July 1948-1952
3Ms 1951 and 1952— —J&J
0.65
..J&J
3 Ms
1943-1952
0.25
3s Sept 1. 1940-1946— .M&S
1.25
2Mb Sept 1. 1946-1960- .M&S
0.15
.M&N
2 Ms Nov 11940-1962—.

to 0.75

4Ms 1940-1950
Superior 4Mb Sch

to 1.90

4s Road 1951 opt

1.00
0.15

to 1.90

Natrona Co S D No 2—

to 1.30

to 1.40

Racine County—

to 1.85

WEST VIRGINIA
58 Highway 1940-1946- —J&J 6 0.30
—J&J 6 1.40
4 Ms
1945-1954

2s Road 1940-1963

to 3.70

to 2.25

6 0.40

to 1.60

6 1.00

2Mb May 1 1944-1962-

6 1.50

to!2.40

WISCONSIN

1940-1954--J&J

to 2.90

6 3.40

to 2.40

—

6 0.50

4 Ms

to 2.90

_

Net

Ask

6 0.50
6 0.50

5s
1940-1952
J&J
Clarksburg 5s 1940-1953-A&O
Huntington 5s 1944
Oct
Morgantown 5s 1940-1948-J& J
Wheeling—
5s Wat Wks 1940-1952.J&J

2.40

to

Yakima—

Seattle—

4Ms 1941-1959 opt--M&S
General obligations—
4 Ms 1941-1955
A&O
4MB 1940-1957——A&O
Munic Lt & Power Rev—
4Mb 1949-68opt *43-A&O
4s 1940-1953
M&N
3 M« 1943-1953——A&O
3 MB 1940-1954
A&O

Net

Walla Walla—

4Msrefwat

To

or

Bid

Bonds
Charleston S D—

Seattle School Dist No 1—
4s
1946-1950
M&N 6 2.20

WASHINGTON
6s Gen Fund

Ask

Bid

Bonds

Net

Ask

Bid

To

or

To

or

Bonds

Yield Basis

Yield Basis

Yield Basis

"-j&D

to 1.40

to 1.90

J&J
*40-'44.J&J

to
to

1.80
3.00

to 3.50

to 1.80

WYOMING

to 1.25
to 1.90

5s

to 1.90

6 0.40

1941—A&O

J&J

1940-1944

0.25

6 0.50

to 1.60

100 M
1Mb Road 1950-1951—...J&D
lMsRoad 1944-1964— .M&S 6 1.00 to 1.85
Charleston—
2 Ms 1940-1958——..J&D 6 0.50
2Mb 1958-1972-—...J&D 6 2.15

to 2.20
to 2.50

/ Flat price.

b Basis.

Quotations are as near as possible for

the closing day of the month preceding the date

of Issue
\

Surplus
Dec. 31,
Par

1
Aetna Casualty &

Capital

3,000,000 ]
7,500,000 ]
15,000,000 2
5,150,548
3,000,000
1,200,000 2,385,004
3,000,000 3,466,435
550,000
500,000

10

10
25

►

10
10

-

5

1
i

100

1

3,396,613
375,943
200,000
1,272,601
1,000,000
3,343,740 : L0,857,420
2,000,000 4,547,339
1,317,678
1,000,000
353,581
300,000
5,200,522
7,500,000
5,000,000 7,875,522
1.973.048
1,500,000
2.159,517
1,000,000
3,000,000 10,934,125
1,000,000 2,332,123
2,000,000 4,112,115

5

l

10

1.000,000

) 2M
10

-

10

-

)

10
25

-

)
10
)
Baltimore Amer (Bit] 2M
)
25
Bankers & Shipp (NY]

(Boston)

Par

Ask.

100

-

)
Buffalo Ins Co (Buff, 100
5

)
OamdenFire(Oamden)

n
Carolina (Wilmington
N. C.)_

10

500,000

5

400,000

10
5

-

1,500,000
150,000

16,777,037
20,016,996
5,357,420
5,561,485
1,492,496
1,923,319
1,425,908
4,681,385
75,899
881,417
12,083,301
1,194,528
2,564,981
918,486
5,866,118
9,101,043
2,398,081
3,246,998
4,589,103
2,411,373
5.246.165

950,596

722,209

30

sas

)
-

Colonial

Life

Merchants

400

New

8M

103
632
380

^21M
29 M

—

—

503,712 tl6,135,536
2,073,653
1,478,210
Z20.065

2

23 M
7

30M
3M
25 H
8

72

3,000,000

27 M

29M

10

637,530
1,000,000

1.381.316 {20,150,811

30

31

2,507,100 {25,045,367

40

42

Occidental Ins (S F)__
Old Line Life (Milw)_
Pacific Fire (N Y)
Pan-Amer Life (N O).

36M

Peerless Casualty——
Phila Life (Phila)

10
5

)2M
-2M
10
5

0

10

S

20

)2M
10

-

10

-

Fireman's

i)

-

5

-

i-

16.0

15

1

)
-

(Hartford).

15

1,750,000 6,204,962
5,000,000 52,314,404
815,000
367,853
1,500,000 2,500,000
755.095
755,083
4,000,000 12,118,773
2,400,000
7,317,529
3,750,000
8,637,375
1,000,000
1,841,655
2,000,000 9.488.317
300,000
373,575
7,500,000 15,836,187
9,397,690
3,000,000
1,000,000
500,000
1,000,000

8,479,380
9,042,147
6,000,000
873,549

1.177.049

1.000,000 2,190,597
1.000,000 1,681,180
1,200,000 16,885,695
t917,070

9,112,384
19.726,149
971,660
3,043,075
381,277
2,372,349
6,420,674
15,466,927
3,609,991
8,654,847
259,259
12,691,358
13,456,785
6,503,077
2,248,841
916,633
1,299,562

-

D
-

-

-

-

b)

67

8,522,631

4,120,384

48

52

1,207,177

1.605,556

7M

8M

5

1,000,000

1,393,574

750.000
5,000,000
4,000,000
200,000
1,100,000

929,761
14,795,011
6,452,915
96.715
7,096.478

3M
26 M
60 M

4M

10

593,194
1,000,000
21,206,488
8,066,984
231,858
5,590,574

1.000,000

4,000,000

6,119,385

14 M

16

34 M

36M

47

49

50 M

52

Preferred

10M

(New York)
Protective Indemnity

9M
48 M

31M
68

5
10
10

10

1,000,000 4.201,288
8,150,000 24,838,632
2,000,000 1,694,093
4,000,000 5,704,764
12,000,000 52,819.019

10
3,000,000 7,517,340
5 15,000,000 50,466,464
10
1,000.000 3,161,557
10

10

4,932,000
1,000,000

5

20

Phila Nat Ins (Phila).
Phoenix Ins (Hartf)

2M

—

50 M

Providence

33
69 M

Reliance Ins

4,195,948
13,287,978
1,020,427
4,968,102
32,935.971

_

(Phila) —

Republic (Dallas)

96"

31M

33M

11M

1,000,000

1,929,254

10

3,000,000 8,322,928
1,000,000 2,433,796
1,500.000 1,922,983
2,0 0,000 13,802,274
1.000,000 5,315,714

4,548,721
2,322,932
2,236,556
5,831,894
4,794,244

I

10

25
10
5
10
10

10

29 M
62 M

SM
15
131

18

136 M

16
27

1.856,649

17$
28M

106 M 110

127 M 130
26
24 M
12M
11M

130M 134 M
14 M
9M "lOM
2M
„1M
15M
16M
83

87

17

»M

10

Island (Prov).
American

(Rochester)

2

10
10
5
10

45 M
26 M

28

43

45

10 M
21M

24 M

73

11

13

28
28 M

29 M
18M
29M

85

88

anty (Baltimore).

2

U S Fire (New York).

4

10
8

—

St Paul F & M (St P).
Seaboard F & M (NY)

25

Seaboard

Surety (NY)

10

Security Ins (N Hav).
Springfield Fire & Mar
(Springfield, Mass)

10

(Trenton).

5

25
12 M

5
Stuyvesant Fire(N Y)
Sun Life Ass'nce fCas) 100
Travelers Fire (Hartf) 100
U S Casualty convpref
2
U 8 Fidelity & Guar¬

8,357,631
43,558,406
2,264,228

62

64

33 M
41

35M

U 8 Guarantee Co—
Univer Ins (N J)

43

West Coast Life

2M

1,060,041

1%
19M

21

70M

33
7M
22 M

35

28

29 M

25 M
3

27 M

1,866,405
1,000,000
4,000,000 23,912,397
814,309
1,000,000
1,000,000
1,000,000
2,000,000 3,839,180

831,574
9,594,343
669,168
855,000
4,012,609

27

29

240

245

.

5,000,000 13,740,691 12,033,372
2,122,829
1,000,000 2,057,265
19,089
832,348
500,000
2,000,000 18,118,208 {64,064,391
33,356,461 {836 992853
20,000,000
2.446.031
1,000.000 2,117,312
2,000,000 9,093,368 14,937,079
9,831,793
2,000,000 18,973,428
2,889.430
5,336,231
2,000,000
457,694
1,200,615
400,000
225,000 {22.982,425
375,000
5,492.963
9,174,888
1,000,000
549.305
{7,390.380
400,000

9

23 M

4M

7M
37 M
34

39 M
36

121M 125 M
68
3

290
458
9

23
54 M

4

340
468

24 M
56 M
73 M

35

45

4,528,774
302,479
884,075
2,518,622
1,202,436
1,703,257

72

32

5.989.911
4,925,$56
1,871,071
3.093.912
1,356.309
596,816

3,000,000
1,530,000
1,000,000
2,000,000
1,000,000
1,000.000

10

j Rochester

Stand Fire

2,916,924

10

26

12 H

1,000,000

5

10

Revere (Paul) Fire
Rhode

5,355,079
5,493,222
823,786
2,481,657
728,959 {18,299,023
3,364,167
2,970,904
1,006,536 {33,088,084
231,918
1,050,988
213,507 {12,301,598
700.000
516,344
1,231,495
1,000,000
6,000,000 38,807,872 ( 8,582,885

2,000,000
1,000,000
1,000,000
1,000,000
1,000,000
400,000

10

24 M

16M

3M

-

-

27

43

2M

Accident

Washing¬
ton
(Providence)
Reinsur anceCorp(NY)

131

93
9M

10

1,526,968

70

3,239,138
2,698,700
1,628,929

47 H

117,073

653,589

2

25

(Milwaukee)

40

127
40

10

NorthwesternNational

36M
39M
1H

/
-

(N
Hartford Fire (Hi

10
5

-

Hanover Fire

5

10

-

ir

2d preferred-.
Gr
Amer lndt

5
5

-

Fire &

20
25

-

0
Franklin Fire (Phils).

64 M

_

Cat,

Fidelity & Dep
Fidelity-Phenix

5,218,589

5
New York Fire--5
N'eastern (Hartford)
North River Ins (N Y) 2M
Northern Ins Co(NY) 12 M

10

-

3,028,627

350
10 M

Oas

69

))

2,000,000

9M

New

950,969 {45,626,515
7,027,579 {205394054

-

Gibraltar

Amsterdam

(Baltimore)
Brunswick Fire
(New Brnns, NJ)..
New Hampshire Fire
(Manchester, N H)

23 M

690,326 {18.279,790

(Hammond. Ind)_.

38

Insurance

106
642

52 M

Vz
0

Continental

36

4,878,874

1,476.491
11,829,959

1,325,001
110,418

of

900,000

-

2,681,964

com

& Mfrs

2,000,000

,e

3

1,000,000
2,544,798

York

150

*)

2

5

5

100

-

325

1,000,000

(New York)
New

U

-

{99,042,056
2,049,258
185,191

t

Merchants Fire Assur

y

City).
(Boston)

$

10
(Phila)
1
Maryland Casualty-.
Mass Bonding & Ins
12M
(Boston)

Merchants

Ask.

Per share.

6,621,440

Manufacturers Cas'ty

36 M

7M

Bid.

Reserve

2,500.000

(N Y)

Lincoln Fire (NY)

(Providence)
National Oas (Detroit)
National Fire (Hartf).
Nat'l Liberty (N Y)
Nat'l Union (Wash)
Nat Union Fire (Pitts)

50 M

Unearned
Premiur/i

1,000,000
1,000,000
100,000

100

City, Mo)

Knickerbocker

32

34 M

1938

,

$

$

133
53
51
32 M
34 M
83 M
79 M
26 M
26
24M
8M
22
20 M
115
6M "8M
13 M
48 H
46 M
24 M
23

129

f-

-

Capital

Kansas City Life (Kan¬

10

)
)

Boston

Bid.

Per share.

$

$

.

Amer Reinsur (N
Amer Reserve (N

Reserve

Dec.

r
-

AUemannia Fire
▲mer Alliance (1

1938

Surplus
31,

Unearned
Premium

5
(8 F)
Westchester Fire (NY) 2M

Wisconsin Nat Life—

10

18
4

35
16

18M
4H
37
17

sr
-

-

-

♦

N * Par Value,

10 12,000,000 51,365,411
21,176,385
100
2,000,000 2,500,000 {67,517,733
20
1.000.000
1,191,986
1,943,445

t Consists of $341,550 $4 cum. 1st preferred, $500,520 $5 2d preferred and $75,000 $5
x Not an insurance company,
z April 30, 1939, figure.

also called legal reserve or life insurance reserves,




junior preferred stock.
' 1

{ Policy reserves,

ESTATE BONDS

HEAL

Quotation*

Bona*.

are a* near a*

Bid.

Abraham Lincoln Hotel (Reading,
Pa) 1st extd 4-5s 1945— -A&O

Bond*.

73

71

1949..

40 Exch Place 5 Ha 1956
M&S
40 Wall St Bldg 1st 6s 1958.M&N
42 Broadway Bldg 6s 1939... J&J

33 H
72

Cum income 2-6s July 1 1955-. f
Allied Owners Corp—

uh

1st income 5s 1958
J&J
Debenture 2s 1963
J&J
Ambassador Hotel (Los Ang)—
Non-cum inc. 4-5s 1950—A&O
Amer Insur Un Bldg 6s '41-M&N
Arcade Bldg & Rlty (Seattle)—
1st leasehold 3-6s 1948
J&J

16

49

60

61H

32

34

2m
35

33

34 H

20

22

44

47

65
13 H

75

49

51

90

91

97 H
45
5
3

17"

16
49

30
13

21H
6H

5

21

50
8

16

19

81X

163*

40

43

39

s

41

43

38
25
47 M

46

14 M
30M

15M
32

Income 5s Oct 1

Repub

14

44

13 H

5

1943

6

49

51

125*
63

19

21

100

30
3

2

715*
67 H

Lords Court Bldg 5M« 1942.J&D
Macrid Realty 3s
Madison Inc (N Y O)—

24

H

28

70

15*

2X

34

28

~3H

Debenture mtge 5s 1945—F&A
Midland Invest Corp (Mo)—

45

47

30

32

27

31

36
17

1st fee & l'hold 4-5s 1949-A&O
Neisner Bros Realty, Inc—

4

48

51

29

Cony

33
31

s

f deb 6s 1948—J&D 15

New Weston Annex 3-4s w-s 1945N Y Athletic Club—
1st mtge 2-5s 1955
—J&D f
N Y Majestic Corp 4s
(w-s) 1956
N Y Postal Service Station—

25

23

5Ha 1937

F&A

New York Title &
Mtge—
5 Ha series B-I

41
25
15

16

9

16

18

43'

35
13

38
17

5*

101H
74 H

102 H
78

71H

73 H

16M
6

7

74

H

76

18M

20

49

18

5

10631s

19 H
6

65
43 M

45
54

373*

35

5Ha series FI
5Ha series Q
1900 Rlttenhouse Sq (Phlla)—
1st cum income 5 Ha 1945-J&D f
North Station Indus Bldg
(Bost)
m

s

f 5s

1962—

A&O

54 M
42M

63

22
10

16

99

101

50 H




On Sept

Nominal.

k Last sale.

25M

58

;

1M

2M

Real Est

5Ha *45

J&D

6
10

11

39

42

9

26 X
1

41M
98

93 M

State-Randolph Bldg (Chicago)—
6M
IX
/

32

Bldg (Boston)—
M&s

-

101M

conv 6s '33-J&D /
Rlty (New Hav) 6s'40 A&O /
w-s 1951
.Nov /
10 East 40th Street Bldg 5s 1953.
Non-cum inc 6s 1958
J&D /
1088 Park Av Corp 23*-5s'53 M&S
/
Textile Properties—

Taft

Income 3s

31

25
24

26"

85

87
7

6

35
29

31

18

mm

mm

mm

m

30

Stamped
' 2 Park Ave Bldg 4-5s 1946-J&D

78
50

2d fee 3s 1946
—Ann Dec /
23 Lexington Ave 2M-4s '50.F&A
29 4th Ave Corp 2 Ms '63
(w s)
29th St Towers Bldg 3s 1942
2124-34 Bway Bldg 55** —-1943
f
2480 Bway Bldg 2d mtge 3s 1944.
Tyler Bldg 6s (w-s) July 1 1953—
U S Realty & Impt 6s 1944--J&J
Van Sweringen Oo—
1st 6s 1935
F&A f
1st & coll s f 6s 1938
A&O f
Van Sweringen
Corp 6s '35.M&N f
Varick St Sta P G (N Y) 6s 1941

f

Wabash-Monroe Bldg 6s 1953 J&J
Wadsworth Bldg(NY) 6s '53 A&O

56 X
44H

Income 3-4s 1950
Ann Feb
Waldorf Astoria (Hotel)—

67

Non-cum inc 5s 1954.— ..M&S f
Wall & Beaver St Corp—
1st 4Ms w-s Nov 1 1951..-J&J
Warner Bros Hollywood Thea—
1st 6 Ms 1941
M&N
Washington Properties inc 7s 1952
Westchester Bond & Mtge 5Ms— f
WestinKhouse Bldg 4s 1948-A&O

Woodbridge Bldg 55*s '41—A&O f
7s 1940
A&O f

n

13

11
11
25

/
Sherneth Corp 3-5 3*s (w-s) 1956/
60 Park Place Bldg 3Ms-6s_-1947
Sixty-one Broadway Building—
1st s f 3H~5s (w s) 1950—M&N
Income 3-3 Ms stpd
1955.M&N/
Speed Building (Louisville, Ky).
Income 6s 1945
M&N
Stanley-Mark Strand 6 Ms 1941

—

/Flat price.

80

11

14"

12
22

34"

32
33

35

5M

6M

,

38
75

mm

55*

65*
22

20

35*

25*

29

26
99

54
14

8M
20

mm

23

20

Wallbridge Operating Co (Buff)—

34 M

Olympic Inc (The) Seattle—
M&N

J&D /
J&D /

/

106M
735*

52

1st 6s 1943

75

1st 4-5s (w s) 1958
M&N
Textile Crafts Bldg 6s w s 1944—
Trinity Bldg 5Ms 1939—-..J&D
Trinity Court Bldg 4s 1941-M&S

355*

1st

13

6

....

City)—

1947
Strauss-Manhat

53^s series CW-1

39

J&J

Without com stock
6s debenture 1951

5s

8

5 Ha series B-K

12

4

22

Ann Oct /

Stone & Webster

5

5Ha series C2

56

inc 2-5 H% June 1957-

93"

H

91

Investing Companies.
Montreal Insur Exch. Bldge
mtge 2-5 Ha 1950
&J f
Nat Hotel of Cuba 6s 1959-M&S /
Nat Press Bldg 3-5s 1950
J&J
AdJ mtge inc Apr 15 4 Ha 1950- /
National Tower Bldg—

19

3

31H

cum

5 Ms 1942
M&N
Steuben Bldg (Chic) 6s 1943 M&S

See
1st

38

69

3M

93

Stevens Hotel
(Chicago)—
Income 5s W-S 1956—

Metropolitan Playhouses—

~25*

565*

69

92 H

91
94

3X

M&N 1102

26

28

90
5

.

25*
61H

Metropolitan Chain Properties—
50

155*

62

24

Stanley

28

26

/

1948

86 M

145*

22
70

6s with stock 1959

40

f 6s

3K

66

Sevilla-Bilt Hotel 7 Ha '37 ctfs—_ /
Shelburn Inc (Atlantic

39 X

s

20

y

Schuyler-Hudson 4s 1947

38

conv

15M

66

/

713*
68 H

65
37

1st

14M

1st 4s 1957
M&S
Russ Bldg. (San Fran.)6s *51 F&A
f
St Charles Hotel (Atl
Cy) 6Ms '45 /
St Louis Post Office—

With stock

London Terrace Apts 3-4s*52 J&D
Lord Bait Hotel g m 6)*s '45 A&O
Lord Nelson Hotel s f 4s '47-M&N

48

m m

37

84

82

80

Sees f 5Ha 1916
—J&J
Merchants Nat Prop 4s '58.J&D

98 H
26

-

/

Marshall-Wells Bldgs 6)48*47 F&A
Mayflower Hotel( DO) 6s 1950
Mecca Temple 5s 1942
Mercantile Properties, Inc—

102

28

6

mm

Schulte Real Estate 6s 1935—

20

26

1st Income 6s Feb 1 1952

45

4

41

5s, 1943
Savoy-Plaza Corp—
3-6s (w-s) 1956

48"

Mtge cum inc 3-6 Ha 1957M&N
Manhattan Towers 6s 1948.M&S
Marcy (The) 6s 1940—F&A
Mark Hopkins Inc—

195*

T—

San Fran Paramount Corp—•

56

& Office Bldg 6s. 1941— M&N /
Lombardy (The) 6s 1942—-M&N

63 H

50

30

1st

53

Lincoln Mtge Co (Newark)—
Cum inc (w-s) 5s 1948
A&O
Loews Midland Theatre

81

49 ®

20

535*

J&J

Rittenhouse Plaza 2 Ha Jan 11958
Robert Treat Hotel (Newark)—

40

F&A '

F&

37 M

891

43

Bidg(Denv) 3-5s'49.J&D
Properties—

Deb 5s series A 1959
M&S
income deb 6s ser B 1959.A&O

15 H
90

55

Income 5 Ha w s 1963
5 Ms ex stock 1963

/

35¥

2-6s July 1 1956
-.An Mar /
Roxy Theatre 6)*s to 1940-A&O /

Lewis Morris Apts 1st 4s 1951

On Mar

t Called Feb. 5 at 102.

/

1st extended inc 5b 1950—J&D
Realty Alssoc Sec Corp—

Retail

Lincoln Bldg Corp—

42 M
12 H

10
55

84 M

Prudence Securities Corp—
Income 5Ha ser A 1961—M&N
5Ms 4th series
/
Quincy Station P O (Chicago)—

,

70

73

■

43

1st s f 5s 1958M&N
Gen income 5sNov 15 '83-J&D

95

J&D

72 M

8
68

41M
14M

M&N /.
2d non-cum inc 4s 1959-M&N
/
Pierrepont Hotel 3-4s 1951.-J&J
Pitts Hotels Corp 1st 5Ha '48M&S
/
Mtge cum inc 5s May 1962—
Conv cum inc deb 5s
May 1967 '
Voting tr ctfs for common..-.Poli-New England Theatre—

42

16 X

16

14

50

Eastern Ambassador Hotel units.

F&A

49

153*

(Boston) 5s (ws) 1953
Jagels & Bellis Realty 6s '48.M&S /

1st fee 4-5s 1948

Detroit Hotel 6 Ms to 1941—M&S
Detroit Leland Hotel 5s Oct 1 *52
Dorset Hotel 1st partic 2s 1957—
Drake (Phha) 6s w-s 1959

Forest Lawn 1st M 5s '64

43

42

Insurance Exchange Building

Lefcourt State Bldg—
Extend 1st 4-6 3* s 1948
Lenox Hotel Inc 5s 1950

65

1528]Walnut Corp 6s (w-s)

20

23

Lawrence Hotel (Erie, Pa.)—
6s Jan 1 1948
M&S
Lefcourt Manfiat Bldg—

10

68

Colonial Apartments 6s 1937

52d & Madison Office Bldg—
1st Leasehold 3s Jan 1 1952
500 Fifth Ave 6 Ha 1949
J&D f
Stamped 4s 1949
J&D
1500 Walnut Corp (Phlla)—
1st 6s 1950
A&O

41

*

24

1st mtge leasehold sf 3s *64-J&J
Park Place Dodge
Corp 6s 2-s '52 /

21

—

Units

34

Cleveland Theatre gen 5s 1944
Oolonade Construction—
1st s f4-4Ms 1948(w-s)—A&O

.

165 Broadway Bldg 5Ha '51-F&A
Sec s f ctfs 4 )*b fw s) 1958
General s f 2d 3s Aug 1958 F&A /
Ore Paramount Corp 4s '57-M&S

„

105*
61M

A&O

22

Ask.

Pennsylvania Bldg 6s 1939

20

8

Stamped

filSFlfth Ave 4* 1943

27

103

,

103 East 57th St Bldg 6s '41 M " /
103rd & West End Ave—
Income 5s June 1 1942
J
/
110 So Penn Ave (Atl City)—
6s 1944
J&D

f 3s loan ctfs 1955 F&A
Park Crescent 6s (w-s) 1955-.
/
Park Lexington Co Inc—

80

1940. _.__J&D

52

1st M

54

51

5th Ave & 55th St Bldg 4s '55 w-s
15 Park Row 4s w-s 1952
J&J /
50 B'way Bldg 3-6s 1946—M&8

22

35

61.M

870 7th Ave 4 Ms Jan 1 1957
Eppley Hotels 1st sf 3-5s 1951 J&J
Equitable Office Bldg 5s 1952
Deb 5s Legended 1952
Ferry Station P O (San Fran)—
Ext income 3s 1952
J&D
Film Center Bldg 4s 1949--A&O
5th Ave & 28th St Bldg 6 M« 19455th Ave & 29th St Bldg 6s 1948

20

65

34

51

Edgewater Beach Apts—
Llq Tr inc 6s w-s *50 Ann Oct
Edgewater Beach Hotel (Chicago)
Cum inc deb ext 5 Hs'41—M&S f
11 Park Place Corp 4s 1948 M&N
11 West 42d St (NY C)—
4Ms-5s (stamped) '53
M&N
80 Broad St Inc 4s Nov 1 1956
80 John St extd 4s 1950
A&O f

37

Keith Memorial Bldg 6s 1943
Kramon Devel Co 1st fee &

23

6? 5*

Certificates of deposit
Circle Theatre extd 6s 1946-M&S
Oleve Term Bldg 1st 6s 1941-J&J

51 East 42d St 3s 1956

5s

34

47

1st s f inc 3M-6s May 1 1948. /
Hotel Drake Corp inc 3-5s '53F&A /
Hotel Lexington units 4s '55-M&S
Hotel Sherman, Inc—
1st 5s 1957 (w s) Apr
/
Hotel St George 4s 1950
A&O
Hotel Syracuse Inc 3s 1955--M&S
Hotel Taft Corp 5s 1947
F&A

6

79

Columbus-Venetian-Stevens Bldg
(Chicago) 1st leasehold inc
3-5a, 1955
M&S
Congress Square Hotel (Port Me)
5H* 1946
M&N
Court & Remsen pt* 'Brooklyn)
Bldg Corp 1st sf 3)4-58
1940
Cromwell (Olivers 6s 1939-M&N
De Paul Hospital 1st & ref
3-3)4-3H-4s 1939-1947—Q-Feb

leaseh

8H

Herald Square Building—

55

J&J

A

6s 1944
J&J
Garrett Buildings (Chicago)—
55*s to 1940
J&D
Governor Clinton Co Inc (N Y O)
1st mtge 2~4s 1952
M&S
Granada Apt Bldg 6s 1938—M&S /
Grant Bldg (Pittsb)—

m

6H

90

Income 3s 1957
/
Fuller Bldg (GAF Realty Corp)
1st 2M-4s (w-s) 1949
J&J

1st fee & l'hold 6s 1940-41 J&D
1st fee & l'hold 6s 1942.... J&D

Cigar Stores Realty Holdings—
ser

5H

Greeley Sq Bldg 6s 1951
Feb
Harrlman Bldg 6s 1961
M&N
Hartford Times deb 4 Ha '51 M&N
Hearst-Brisbane Properties—

99

OhicHerald& Exam 6 Ms '50 M&S

dep 5Ms 1949

38

2M-5s 1957 (with stock)—J&D
Graybar Bldg (East Office* Inc)—

15

Broadway-Barclay Inc—

8 f

10

1st

1st, 2d 1956
In June
Bway Mot Bldg 4-6s 1948--F&A
Bway-Spring Arcade Bldg—
Non-cum 3-5s April 1 ,57.J&D
Bway & 38th St 7s 1945
J&J
Bway & 41st St Bldg 3M-5s 1944
Bklyn Fox Corp inc 3s Oct 1 1957
Bryant Pk Bldg (NY) 6M*'45J&J
Bush Term Bldg—See Industrials
Butler-Hall 45*-5s 1947-Q Mar 25
Cent Manhattan Props 5a'46M&S f
Central Zone Prop 6s w-s'53 F&A
Chain Store Depot 6* 1940--M&8
Chanin Building—
1st Leasehold inc 4s 1945.M&S
2d Leasehold inc 2s 1945.M&S
3d Leasehold inc 1st 1945-M&S
Chesebrough Bldg 6s 1948--A&O

24%

30

.

Bid.

Orpheum Th & Rlty 2-6s '46 M&S
Palace Hotel (San Fr) & '45-F&A
f
Pantages < Alex) 6s to 1947.M&N
Paramount Bway Corp.—

2 X

11*
29

Fox New Academy of Music
1st leasehold 6 Ms to 1941.M&S
Fox Theatre & Office Bldg

47

Sonda.
One Park Ave 2d sf 6s ,51__M&N

Ask.

1H

1400 B-way Bldg 4-5s 1948.J&J
1410 B'way Bldg 3 Ms 1941.A&O
Fox Det Theatre 6s 1942
A&O

85

Boston Parcel Post 3s Oct 1945—
Boston Postal Serv 5 Ms '38-J&J

Bid.

48 St Real'n Corp l-4s—Mar 1952

100

Arcady-Wllshire Oo (Los Ang)—
Non-cum inc 5s June 11949J&J
Arrowhead Lake 7s 1944-47.J&D f
Assoc Chain Store Realty—
1st mtge coll 5 Ms 1957—J&J
Oum income 6s 1957
A&O
AdJ non-cum Inc 6s 1957.M&S
Assoc Realty Bldg 'Los Angeles)
Income 5s 1948 (w-s)
J&J
Baker Hotel (Dallas)—
1st s f 5s 1950 (with stk) -F&A
Bait Parcel Post 5 Ms 1949—
Barker Bros Bldg (LA) 6s'47 J&D
Bauman
(Ludwig)—1st 5s (Brooklyn) 1947
F&A
1st 5s (Long Isld) 1951—A&O
Beacon Hotel inc 2-4s Apr 1958—
Bellevue-Stratford (Phlla)—
5Hn 1935
J&D
BenJ Franklin 6s ctfs 1933
Berkeley-Carteret 5 Ms '46-M&N
Blng & Blng deb 6 Ha 1950- M&S
Income 7s 1950 w-s
M&8
Book Tower (Det) 2-5a *52-(w-s)

possible for the closing day of the month preceding the date of issue.

Ask.

64

Albany Metropolitan 5-6s

Alden (Hotel) lst3-5s 1957—F&A
Alexander Hotel (Md)4s '42 A&O
Allerton N Y Corp —

101

m.

(

m,

mm

mm

---•

----

95*
21M

94

61M

62M

16

20
70
23

67
21

20 M

Banks & Trust Companies
STATE AND NATIONAL BANK STATEMENTS

Quotations in this department are given per share, not per cent, except for stocks of Canadian Institutions,
possible for the closing day of the month preceding date of issue, though often are nominal. An asterisk (*)

as near as

and are
denotes

sales.

Figures of deposits, capital

and profits for the National banks are from the Comptroller's last call; for all other insti¬
being procured by us where no periodic statements are required. For
taken from the latest weekly statement.

tutions they are the latest obtainable, direct returns
the Clearing House banks of New York, deposits are

National Banks
Dec.

State

ALABAMA

30

Capital

Institutions
Dec.

National Banks

30

Dec.

30

Oross ~

Surplus &
Profits

Deposits

-

Par

Bid

Ask

Capital

Institutions

State

CALIFORNIA

Dec.

30

Oross

Surplus &
Profits

Bid

Par

Deposits

Nomi nal.

$

$

$

Birmingham—

100.000

Bank for 8a vs. & Trts.

k

Per

k

share.

50

2,043,421

104,396

Tr & Sav
500 000 11,195.737
Common..
Preferred
al.714.000
81,700
125,000 e
Industrial Sav Bank- d
First National Bk—
Common.-i-.
3.600,000
Preferred./.
6,300,000

36,360,809

Mobile—)

_

27

125
\25

26 H
25K

25
25

3,290,889
28,367,003
24,627,130

wan

4,054,656

26,302,390

809,093

13,453,998

125

256,811
60,709

9,135,310
3,412,206

100

"85*

100

125

250,000 1
485.000
600,000
270.000 k

Common
Preferred

20

61

62 H
d

276,305
862,138

300,000
1,000,000

Alabama Nat Bank.
First Nat Bank

Union Bk & Tr Co—
Common

100,000
40,000

Preferred..

J

12

10
10

5,009,469
19,391,401

16*

15

2,558,138 I7H
15

82,440

400,000
120,000
200,000

City National BankPeople's Bk & Tr Co. d
Selma National Bank
Selma Tr & Sav Bank d

342.500 k

National Banks

2,674,985
1,616,164
1,933,892
1,538,817

230,612
71,488
221,070
113,000

100
25

90

100

100

100

Dec.

30

Per

First Nat Bk of Ariz.

550,000
247.500

Phoenix Sav Bk & Tr

4,278,454

189,815
882,040
178,595

share.

100

16,763,661 t 20
4,458,194 t 25
N

600,000
1.202.800

j 1,427,580

250.000

Preferred

0

15

re

cent

16 H

41,837,681

500,551

Tucson—
Sou Arizona Bk & Tr

National Banks

9,465,147

re

100

sa

centur¬
ies

50

100

10 0

4
35

150

50,000,000
Bank of America
1,500,000
Bank of Canton
500,000
Bank of Montreal
1.000.000
Canadian Bk of Com
1,300,000
6,000.000
The San Fran Bank
6,000,000
Pacific Nat Bank
d
980,000

68,853,364 1482791676
/2.217.422 18,854,965
k
118,596
4,068,734
k
287,371
4,517,953
471,201
19,614,473
8,638,875 154,602,721
9,116,010 165,837,882
9,686,276

20

*7Vs

125""

119

80

sa

les

100

356,830^

8,754,554 273,675,833
431,450
6,336,192

9,000,000

Yokohama Specie Bk
American Tr Co—
Common

1.200.000

7,500,000
7,500,000

J9.381.574

600,000

Preferred
San Jose—

872,150

139,750 k

300,908,341

152,341

382/

352/

l2U
100

216

212

100
100

171

174

100

285

290

000

10.100 10.500

100

88

100

290

p

120

37

342/
49M

522/
i

Commercial Nat Bk. d
First National Bk—
Common

Preferred..
Stockton—
First National Bank.
Stockton S & L Bank
Union Safe Dep Bk..

564,700
435,300

•

10,832,491

1,831,893
9,773,452

Jfc 189,239

200,000
1,000,000
375.000 k

100

4,899,769
11,873,295
3,491,291

544,392
702,250
142,016

100

o

cent

100
100

sa

lea

State Institutions

ARKANSAS

30

100

6,286,000 192,566,828
7,965,621 129,156,060

First National Bank.
Santa Ana—

Valley Nat Bank—
Common

o

125

dl7,920,000
6,800,000

Wells Fargo Bank &
Union Trust Co

Institutions

Stale

Bi8bee—

250,000 /

Anglo California
National Bank
Bank of Calif, N A..

Nomi nal.

Miners & Merch Bk_
Phoenix—

share.

N

100

San Francisco—

& Savs Assoc

ARIZONA

30

Per

100

Bank of Amer Nat Tr

Selma—

Dec.

132,880

865,424

$
36,780,598
1,998,579
5,389,305
1,461,425

Dieg<

Montgomery-

Dec.

175.000

d

American Nat Bank,

187,323
1,751,416
1,739,260

375.000
1,000,000
1.000,000

d

dl,750,000

d

100

69,767,107

J1,291,454

Amqr Nat Bk & Tr Co
First Nat Bank
Merchants Nat Bk.

26

If

1,194,217

$
$
1,747,684
956.250
177,944
50,000
134,758
246,000 i
47,634
145,000

Sacramento-

Capital Nat Bank...
Citizens Bk of Sacra.

Birm'ham

Ask

Nom inal.

Dec.

30

CANADA

See

/

\

\Page 111/

Nom inal.

Fort Smith—

Per

share.

275,000
500,000
500.000

100

617,276
148,256
44,366

12,269,835
4,884,675
1,292,871

20

o

25

cent

25

les

434,337

15,544,670

120

666.000

Merchants Nat Bank

2,415,782
8,434,999
9,852,789

300,000 I
185,500

First National Bank.

131,480
638,792
599,810

300,000
200,000
100,000

City National Bank-

429,798

National Banks

100
25

Dec.

Peoples Nat'l Bank.
Twin City Bank
....

Preferred
W B Worthen Co..

Pine BluffNat Bk of Oommerc. d

100.000
400,000

Simmons Nat Bank.

113,606
1,041,784

2,369,366
13,405,713

131,479
366,149

First National Bank.

300,000

441,416

500,000
350.000

677,663
61,832

30

CALIFORNIA

Colorado Nat Bank
Common
Preferred
Colorado State Bank

400

30

Per

1,000,000 k
Western Tr & Sav Bk d
225.000
Los Angeles—
California Bank—
Common

5.000.000

Preferred

800,000

Citizens Nat Trust &

5,000,000
3,000,000

Savings Bank
Mer

Nat

726,934
241,313

17,592,641
3,377,471

8,000,000
2,500,000

Preferred-

Central Bank

0

re cent

les

117,003,566

(25
\40

20

5,311,434 118,046,337
5,320,000 135,781,611

20

25

100

387

26 X
392

48

48M

J3,795,716

J25

2,779,816

38,843,134

50

329.100 k
76,764
2,000,000 2,475,385

Bank of Commerce..

Farmers & Mer Sav.
Pasadena—

50

sa

Secur-First Nat Bk—
Common..
24,000,000 131,790722 580,438,058
Union Bank & TrustOakland—

N

100

share.

1.260,000

3,083,802
47,122,278

"96"

50
25

12,175,410

21

100

'

Citizens Coml Tr & 8

300,000

289,170

94 X

Preferred
Pasadena-First N Bk d

Security Nat Bank..




550.00t
600.000

First National Bank.

500,000

30,000

Minnequa Bank
Pueblo Sav & Tr Co
Common. .1

100,000
200.000

Preferred

*

21,702,904
2,126,718

J

96,760

o

les

100

100

5,156,090 1100

1100

Sale price.

t Controlled by the Transamerica Corp
a

N

re cent
sa

of San Francisco, Calif.

Outstanding preferred stock consists of $1,043,300 1st pref. of $20 par
and $700,000 of 2nd pref. stock.

value and retirable at $50 a share,

b March 29, 1939.
e

Savings deposits.

d Common and
e

preferred stock outstanding.
May 19. 1938.

/ June 30, 1939.
300,000

644,819

5,946,928

100

500,000 11,089,933
500,000
150,000
63,612
300,000
309,855

14,618,522

25
125

q

First Tr & Sav Bk—
Common

CI 8 National Bank.,

50

100

1,706,197
165,977

60.000

international Tr Co.
Pueblo—

9,331,022
5,778,391

40,254,592 1100
1100
100
1,864.522
60
36,466,784
100
62,419,290
1,488,883
927,957 'loo
100
27,896,990
100
18,966,174

400.000

.

Nomi nal.
Farm & Merch Bank

2,782,481 J100
1100
100
6,645,998
100
10,286,645

133,049
2,419,281
3,800,936
37,255
27,069
2,876,998
2,311,792

1.000.000 11,821,056

First National Bank.
1.600.000
National City Bank. d
100,000
d
Union National Bk
100.000

State Institutions
Dec.

share.

20

Denver—

American Nat Bk
Central Sav Bk & Tr d

100
100

100,000 I
65,000
300.000

Preferred class A..

60

21,028,902

1,945,083

145,550

60.000

Exchange Nat Bank.

120

Long Beach—

&

30

Per

Colorado Sav Bank..
Colorado Spgs Nat B
Common

Denver Nat Bank

National Banks

Farmers

Dec.

Colorado Spgs.—

Union Nat Bank—

Dec.

Institutions

State

Nom inal.

Little Rock—
Commercial Nat'l Bk

Common

COLORADO

30

Quotations for the San Diego First National Co., which controls 97%

of the stock of the First National Trust & Savings Bank of San Diego. Calif.

2,538,448
3,822,457

j

20
100

130 H

i Dec. 31. 1938.
Jfe Oct.

2,

1939.

I Last sale price.
p

Par value 100 yen.

n

New stock.

Feb., 1940]

BANKS

National Banks
Dec.

30

CONNECTICUT
Surplus <fc
Profits

Capital

AND

National Banks
Dec.

Preferred
Black Rock Bk & Tr.
Brldgep*t City Tr Co
North End Bk & Tr
Common
1st preferred-

5.200,000
25.000
122,500
25.000

2nd preferred-..

West Side Bank—

Common..-

277.323

Glastonbury Bk & Tr
Hartford Nat Bk & T
Industrial Bank....
Pnoenix St Bk & Tr.
East Hartford Tr Co

Hartford-Conn Tr Co
Park Street Tr Co

32

34

Miami

Beach

lioo

Preferred

231,221
1,264,915
1,04*,131
170,183
4,505,538
202,139
2 157,539
149,024
4,317,735
215,000
176,649
107,841

25
lioo

25
•mtmm

30

—

25

25

30

500

16,280,205
1,739,088
81,769,497

100

120

50

10

55
28

256,296

25

60

45,480,958
1,936,674
51,774,683
3.655,997
3,787,129
2,031,012

100
25

25

12
43

25

c

132,000 1

$

44

105

115

16,704,178

100

135

140

20

35

40

379,822

6,519,775

294,528

6,065,410

1,082,905

11,240,935

485,064
150,317

6,157,301
3,776,965

100

100

75,000

200,000

37,565
50,619

1,420,464
2,279,693

100
100

200,000

People's Nat Bk

TampaBroadway Nat

g

357,913

9,583,645

25

Bank

42,131

563,145
1,170,513
182,606

952,124
16,749,790
18,626,613
2,110,590

67,656

1,594,120

100

300,924

7,194,813

10)

Exchange Nat Bank.

woo"

n

First National Bank. ol
,100,000
First Sav & Tr Co
500.000
WeBt Palm Beach
Fla Bank & Trust
Co.
100,000
West Palm Beach Atlantlc Nat Bank
d
200.000

Common
Preferred
fravelers Bk & Tr Co
West Hartford Tr Co
vFlndsor Trust Co
Meriden—
Home National Bank
Meriden Nat Bank..
Meriden Tr & 8 D Co

60.000
50.000
500.000
200.000
100.000

943,506
475,631
136,040

500.000
150.000
100,000
160.000

381,522
93,616
108.528
53,989

6,380431
1,782,440

25
25

15

5,815
1,599,672

100

125

21
17
150

25

10

2,825,946

100

90

100

f 50

33

36

20

100

100

100
100

100

100

140

125
125
160

100

60

75

100

15

164,142

f

I

100,000
1,250,000

"15""

125.000

130
130
100

100

400.000
200,000

St. Augustine—

share.
140

25

100
100
100

200,000

Florida Nat Bank

"78"

Per

100

Petersburg—

& Tr Co
Bo End Bk & Tr Co-

AsJt

3,038,014
34,051,968
30,124
11,455,017
2,873,308

68.000
g

Exchange Bk St Aug
St Augustine Nat
Bk h
St.

50

26

„

"§6"

$

100,000

ZZZZ-

Pens&cola—
American Nat Bank.

Clfc A

280
24
74

26

28

Bid

129,740
783«,390
81,370
396,873
102,701

c

300.000

Florida Bank
Palm Beach
First National
Bank.

wrnwm

30

Par

Deposits

First

National Bank-.
Orlando—
First National Bank
Common

2,018,442 /

Dec.
Cross

750,049

100,000
400.000
100,000

Florida Nat Bk & Tr
g
Little River Bk & T

25
100

•

$
200,000
1,200,000

Amer Bk & Tr Co...
First National Bank
First Trust Co

KZ*
60

State Institutions

Nomi nal.

Hlami—

7

50"~

25

1,938,952

258,330

250.000

..

Simsbury Bk

5

30,429,261

49,460

300,000
150,000
.150,000
100,000
[ .000,000
100,000
.600,000
100,000
=.000,000
100,000

HartfordCapitol Nat Bk & Tr
Conn River Bkg Co.
First National Bank.

1

6

l7S

139,364
1,580,349

165,000
97,000

Preferred

28,513.253

Surplus dc
Profits

Capital

Ask

Bid

Par

103

FLORIDA

30

Cross

Deposits

Bridgeport500,000 I
1,455,000
100,000

COMPANIES

State Institutions
Dec. 30

Nomi nal.
Per share.

First Nat Bk & Tr Co
Common

Riverside Trust Co

TRUST

_

Puritan Bk & Tr Co.
New Haven—
inner Bank & Tr Oo.
llrst Nat Bk & Tr Co
Common

a

Nat

-

-212,500

378,000
920,000

1,121,877

30,751,768

800.000

1,065,682
1,010,018

11,187,536
14,318,179

750.000

1

20

ylOO"
180
35
20

45

~

—

645
130

i 100
50

125
59

50

74

170,000
170,000
1.458,700

Un & N Haven 1 r Co
New London—
Nat Bk of Commerce

j,

100

539,458

5,044,312

100

116,473
199,387
68,663

2,551,012

50

1,967.050

100

907,883

100

422,505
188,380

3,462,037

25

19

1.965.691

100

110

City

N

National Bank...
Union Bk & Tr Co..

Wlnthrop Trust Co..

a

343,856
300.000

a

NorwichThames Bk A Tr
Uncas-Merch Nat Bk

212,500
650.000
200.000

0

re cent
sa

1.000.000
200.000
700.000

1,371,586
687,310
989,825

les

125"'

600.000

300,000
184,000
500,000
300,000

Waterbury Trust Co

864,098
,

Common
Preferred

1,000,000

Dec.

30

12,460.842
5,512,964
9,491,352

100

12.581,291

Columbus—
Columbus Bk & Tr

267,000

Oitix & So Nat Bank.
Liberty Nat Bk & Tr
Bavann ah Bk & Tr_.

155

__

850,000
200,000
200,000
75,000
200,000

State

DELAWARE

32

670,276
10,745,801
3,498,052 104,718,780
162,599
3,660,097

775

100

100

152

7,373,400
2,290,145
2,196,443
1,288,696

100

100
100
100

r5,000,000
500,000
650.000

3,498,052 104,718,780
205,316
5,253,482
268,686
5,015,260

200,000 1

109,873

17 J*

10

x

85

50

55

100

1,558,822

80

100

30

50

126,000

95""

55

65

National Banks

Nomi nal.
Per share.
100

110

50

300

25

Nomi nal.
Per share

Boise City—
Idalst NatBk ofBoise
Common

30

State Institutions
Dec. 30

IDAHO

30

750.000 1
980,801
Preferred
588,000
First Security Bank. al,100.000
nl,236,197
Boise Trust Co
125.000 n
48,809

24,557,146

100

N
re

cent

26,801,070
74,680

100

sa

les

100

National Banks

165

25

67

60

State

ILLINOIS

100

Institutions

134
237

50

COLUMBIA

Dec.

T"
Nomi nah

Washington—

Per

City Bank

».

a

145,000
475,000

Columbia Nat Bank.

250.000

Bank of Oomm & Sav

100.000

Hamilton Nat Bank

1.000,000
500,000
Lincoln Nat Bank
400,000
McLachlen Bkg Corp a
340,000
Nat Bank of Wash1.050.000
Nat Capital Bank
200,000
Nat Metropol Bank.
800.000
Rlggs National Bank

Liberty Nat Bank

83,727
510,274
621,267
328,444
1,129,623
483,616
940,903
238,297
833,527
211,070
1.869,558

2,091,950
10,114,912
5,209,072
3.929,749
27,786,705
7,994,564
10,723,411
5,796,304
10,533,633
2,391,511
27,900,710

100
10

30

100

190

100

Munsey Trust Co
Union Trust Co
Wash Loan & Tr Co.

205

270

20

31H

100
100

200

50
100

121

100

150

100

271

~33K

200
60

175""
290

285

175"
265

—

100
80
50
75
100 £235

a

100.000
300,000
348,500
150.000

Dec.

30

Nomi nal.
Per share.

193,947
317,113
92,797

4,437,697
5,491,266
3,601,802

48,503
214,539

1,398,613
3,116,695
6,250,123
2,819,882

261,635

193,533

100
100
100

N

100

Aetna

State

Bank..

Am Nat Bk & Tr Oo.
A istln State Bank

a

400,000

a

1.600 000
200 000

i380,000
100,000

Central Nat Bank
300.000
Olty Nat Bk & Tr Co
4.ono.onii
Cont 111 N B A Tr Oo lO.OOO.OOO
Oont Nat Bk & T Co
1.500,000
Oosmopolit'n Nat Bk a 250.000
District Nat Bank—
Common

30

260
125

100

100
64,290
3,909 ,970
100
,554,030 69,611 ,149
40
159,366
5,748 ,101
108,852
7,309 ,634
96,564
100
2,949 ,712
267,090
10
11,094 ,424
10n
,359,072 157,215 ,692
,086,348 1324094 ,604 33»»
100
525,197
484 ,098
100
65,350
3,659 ,852
„

102.000
74,968
3,672,316
98,000
442,500
173,818
8,219 ,149
1.000,000
1,037,173 31,519 ,170
First National Bank 30,000.000
38,952,280 1053424 ,363
First Nat Knglewood
200,000
773,691
5,263 ,102
Halsted Exch Nat Bk
200,000
253,209
8,006 ,059

Preferred

>rexel State Bank,
^rovers Nat Bank

•

Dec.

30

FLORIDA

State

Institutions
Dec.

a

—

—

22

30

35

_

f 20

i

30
220

19
95
15

~

117

90
—

-

Atlantic Nat Bank.. 03.000,000
Barnett N B of Jack.
1,500,000
Florida Nat Bank.
01.500.000
Bpr'field Atlantic Bk
50,000

Per

1.530,637
1,761,046
1,478,089
33,615

52,587,027
27,573,796
37,866,534
1,118,293

92
—

175

40

10

210

share.
217

18

21
28

100

J45

155

100

100

245
210

250
230

100

170

175

Lakeland—
0

100.000




debentures outstanding.

/

pl the Florida National Group.

h Affiliated with the Barnett
National

k New

stock

I Last sale.

n

Bank of

i Trust fuhds.

194,102

1,747,399

25

Jacksonville, Fla.

Oct. 2, 1939.

Combined statement,

V

Stock all owned by Travelers Insurance Co.

x

Ex-dividend

200

25

Group in Florida.
Affiliate of the First National Bank of
Atlanta. Oa.

g Member.

100

or

1939.

-

30

d Member of the Atlantic
9

r

Florida Nat Bank

Includes preferred stock

-

18

113

Sale price,

cJune 30,

Nomi nal.

Jacksonville-

150

20

t> Retirement price.

30

275

210

t Branch of Savannah.
a

National Banks

cent
les

100

100

100

"85""
250

0

re
sa

Chicago-

Avenue St Bk Oak Pk
Beverly State Sav Bk

18.682,073 (100 £185
5,589.925
11,635,811
24,270,899

"

160,000
300,000
375.300

BellevilleBelleville Nat Bank.
Belleville Savs Bank.
First National Bank.
9t. Clair Nat Bank..

24^

3.000,000 15,602,536 108,843,029
/100 268
Preferred.
1.100,000
\ 100 xlOO
Second Nat Bank
a
500,000
478,654
9,773,715
60
70
Secur Sav & Com Bk a
409,278
528,000
8,623,446
100
160
Amer Secur & Tr Oo.
3,400,000 5,417,706 55,125,401
100
248
1,000,000 12,111,268
375,000
2,000,000 1,258,413
1,000,000 1,880,933
1,000,000 2,651,055

share

160

Common

Nat Sav & Tr Co—
Common
Income debentures

0

41
68

25

Merchants Nat Bank
Old Second Nat Bank

a

16M

100

Aurora-

Anacostia Bank

18

100

28

24

Aurora Nat Bank.

National Bank,

157
18

17K

100

100
3,758,101
104,718,780
3,498,052
1,797,520 t 10
92,175
1,476,500
100
289,360
10
7,989,842

a

270

tio

1,128,513
136,493
152,500
51,277
347,370

33

260

32

Institutions

Dec.

342,486
3.730,898

r5.000.00o
110,000
600.000

Oitlxens Bk & Tr Oo
Common
Debentures

150

5,885,817 / 25
\ 32
9,751,114
25
3,915,888
100

2,224.473
200,000

316,524
2,207,662
4,176,517
18.237,458
1,126,879
3,555,429
681,495
4,804,166
900,807
12,687,209
2,812.705
21,935,482
672.600
1,035,340
11,053,103
4.000,000 12,254.776 100,261,515

Delaware Trust Co..
Equitable Trust Co.

e

Savannah—

200

"145""

100

210.000
500.000
625,000
203,175
1,000,000
1.500.000

Security Trust Co.
Wilmington Tr Co..

c

""17 j? "18"

40,306,676 /100
lion
3,732,254 100
100
35,071,711

Jl,542,786

750.000

First Nat Bk of ColFourth Nat Bank
Home Savings BankMerch & Mech Bank
Macon—
Oitix & So Nat Bank.

155

145

100
100

Wilmington—
Central Nat Bank...
Farmers' Bank
Industrial Trust Oo.
Union Nat Bank

a

475.000
990,000

62.000,000

& Tr

Dec.

National Banks

100
823,578
3,498,052 104,718,780 t 10
6,490,286 126,843,602
10

Otly Bank & Tr Oo_.
First Nat Bk & Tr Co 9

Waterbury—
Oitix & Mfrs" Nat Bk
Waterbury Nat Bk—
Common
Preferred
Colonial Trust, Co.

122,178

Oitix & So Nat Bankr5.ooo.ooo
Nat Exchange Bank.
f
250,000

Stamford—
First-Stamford Nst'l
Bank & Trust Co
Sldelity Title&Tr Co
Stamford Trust Oo__

200.000

CItlx & So Nat Bankr5,000,000
First Nat Bank
5,400,000
Fulton Nat Bank—

102"*" 157""

18,053,018

Institutions
30

Dec.

Nomi nal
Per share

Atlanta—
American Sav Bank.

AugustaGeorgia RR Bk

State

GEORGIA

30

Ga Sav Bk & Tr Oo__
Trust Co of
Georgia.

iioo

1,207,183

300.000

Dec.

77

3,312.918 J100

97,173

National Banks

61

Bk

Common
Preferred

New London

i

1,212,370 1 25
1100
100
11,197,760
100
4,162,084
1,696,398
25

882.000

Prior preferred
Oonv preferred
New Haven Bk NBA
Second Nat Bank

Trademen's

60,384

—

National Banks
Dec. 30

Lawndale Nat Bank
Common

Liberty Nat'l Bank

.

Lire Stock Nat Bank

Madiaon-Crawford
Natl Bank

200.000
200,000

—

Main State Bank—
MerchandiseNat' IBk

500.000

600,000
200,000
200.000
400.000
200.000

Mercantile Nat'l Bk.
Merchants Nat Bk__

MetropState Bank..
Mid-City Nat Bank Milwaukee AvN't Bk i
Mutual Nat Bk of Oh
Nat Bk of Hyde Park f
Nat'l Builders Bank.

400,000

200,000

i

500.0UU

600.000

Nat'l Boulevard Bk.
National Security Bk

200.000

1,000,000
Nat Stkyds Nat Bk.
200,000
North Shore Nat Bk. i
500.000
Oak Park Tr&Sav Bk
2.000.000
Persona] Ln & Sav Bk
750.000
Pioneer Tr & Sav Bk i
200.000
Sears-Oom State Bk_
200.000
Skala Nat'l Bank—
200.000
South East Nat Bank
South Shore Nat Bk.

200,000

Btate Bk of Clearing.

120,000
200.000

Terminal Nat Bank.
Unlv St BkofOhlc.. t

296,000
300.000

Upper Ave Nat'l Bk.
Uptown State Bank.

300.000
200.000

Western Stf.te Bank.

Amalg Tr Si Sav Bk.
Banco di Napoli Tr.
Ohic City Bk &

400,000
300.000

i

800.000

Tr..

544.000
200.000
6.000,000
Harris Tr & Sav Bk
786.000
Lake snore Tr & 8 Bk i
500.000
Lakevlew Tr & 8 Bk.
3,000.000
Northern Trust Co
Drovers Tr & Sav

Bk i

Bast Side Tr&Sav Bk

300.000

Pnl'nmn Tr & Sav Bk

Elgin—
Elgin Nat'l Bank

(10
110

12

100
20

57

Com Mer Nat Bk&Tr

2.000.000
660.000

First National Bank.
Jefferson Tr &8av Bk

Capital notes

...

South Side Tr& Sav B

100

68,825

1,560,073

/100
\100

290

City National Bank.

150.000

130

137

150.000

130
90

135
100

Coun Bluffs Sav Bk.
First National Bank.

100

100

108

20

22

27

105

11

12
110

100
100

75,000 I
25,000

Preferred

15

50
100

145

150

175
30

185
35

100

"135"

140"

800.000

1,984,263

30,390,871

100

500,000 11.206,370
500,000
130,605
150,000

19,591,962

(25

2,978,366

125
100

550.000 11,127,467
450.000
73,668
150.000

22,015,618 (100

1,750.000
1,250,000
150.000

1,203,632

41,667,682 [100

312,025

5,237,434

100

300,000
250.000

490,048
178,676

10,058,465
5,169,461

100

Toy Nat Bank
Security Nat Bank

400.000
250,000
300,000
250,000

Woodbury Oo Sav Bk

100.000

295,000
309,249
388,007
243,312
115,233

Gap City State Bank
Cent Nat Bk & Tr Oo
Common..
Preferred
Des Moines Bk&Tr Co i

20

30

35

100

68

75
205

100

VaPay Sav Bank
First National Bank.

Amer Tr & Sav Bank i

50
100

88

82

110

120

100

23

28

100

295

305

50

63
280

100

560

575

165

175
N

100

sa

Dec.

First National Bank.

Nomi nal.
Per

70

5,142,600 f 50

45

300.000 I
c

6,221,795

65

Illinois Nat Bank

710,130
356,749
417,638

300.000

100

35

600.000

Springfield MarineBk

100

30

35

National Banks
30

INDIANA

.

i

100

100

175

185

50

105

115

100

125

135

Institutions

I

Bank
\

North Side bank

384,675

15,573,143

Mutual

1,665,000

1,200.000

707,658

100

23,047,149

223,500

100
100

100

Peoples Savings Bk..
Fort WayneLincoln Nat Bk & Tr
Ft Wayne Nat Bank

o

re

cent

sa

les

100

405,733
2,728,224

100

500.000
100.000
100.000

1.000.000
1.000.000
100,000
200,000

1,311,324
1,279,405
33,375
263,823

100

29,152,882
25,469,412
1,103,025
2,449,996

a

.

200
I6O1

\150
593.738
7,479,205
10,170,332
1,542,273
1,352,405

i

k

share.

225

100
100

175
110
110

125
150
75

125
100

100
150

100

[100
1100

t

150

100

Preferred

i

110.000 1
90.000
100.000

100

I

400,000

Preferred

a62tf

50

160
State

KENTUCKY

30

Institutions

Dec.

30

Nomi nal.

20

re

cent

sa

les

16,723,846

25,298
1,283,730

1,162,744
12,130,277

20

869,598
46,291

17.070J32

100
100

Per

100

180

10

15

617,500
150.000

4,962,302
5,550,308
6,236,204
1,754,106

60

29

10

6

210
18
34
9

300.000

280,732

3,283,969

100

130

135

1,597,589

10

200.000

First Nat Bk & Tr Oo

250.000
i

Peop-Lib Bk & Tr Oo
OovingtonTr&BkgOo i

share'

481,191
312,849
329,342
75,368

Citizens'Nat Bank..

o

20

380.000

Dec.

Covington—

100

754,179

,

\«2>,

1,116,349

32,555

101

100

N

Common

4,105,394 ( 6J»i

177,599

110

125

250

100

110

100

225

100

A

Common

National Banks

500.000
500.000

Preferred

1,042,615 fioo

N

100

Wichita-

100

Old National Bank—
Common

11,912,248 HOC
1,198,612

51,020

280"

100

8,285,911

500.000

National City Bank.

430,440
276,868
6,920
69,481

59,240
206,201
617,711
35,875
41,547

Merchants' Nat Bk.

30

Per

Franklin Bk & Tr Co
Indiana Tr & Sav Bk.

165

150
200

100

50,000
200.000

k

Nomi nal.

Citizens Tr & Sav Bk

2,293,063
2,729,314
881,126

100.000 1
100.000

Common.

40

16,402,653
1,294,489
1,387,128
1,422,578
1,044,113
13,460,825
1,801,026

I20"" 135"

£

Dec.

827,407
185,740
34,932
21,404
52,193
775,864
42,179

100

162,809
266,643
29,306

77.500
200.000

£

40

SfVaneville—
500,000
100.000
150,000
137,500
100,000

m

uoo

5,215,182

600.000
400.000

£

Central Nat Bank...

100

6,492,257 (100

503,283

Topeka—

.

Citizens' Nat Bank__

73,000

150,000
150,00C
50,000

£

.

State

les

13,460,997 f 10
\ 10
100
2,715,866
1,322,286 100

100,000 g

Bk.

50

638,302
1,535,458

10,369,291
5,995,189
13,200,935

cent

Leavenworth—

"115" 115"

948.050

12,004,992
6,283,432
10,318,975

169,698
g

109,000 16 300,722
91,000

25

60

100

o

re

65

20

3,971,861 (66i,

239,872

434.000
200.000
75,000

50

60

100

N

100

3,431,562
4,675,341

3

First State Bank

650,539

share.

100

sa

85,111
262,057

City-

50

1,777,025

Kansas

20

166

30

Dec.

HutohinBon150.000
250.000

18
49

157,700
33,207
45,747
105,575

500.000

cent
les

State Institutions

KANSAS

30

les

60

20

National Banks

0

rec ent

100

20

344,897

o

re
sa

10
•6,450,000
6,442,351 6100
100
7,721,140
100
7,160,344
100
2,608,384

290

100

Live Stock Nat Bank

.

i

100

68

100

10,907,797
25,828,374
16,437,959

Springfield—

1100

N

First National Bank

100

Bockford—

Third Nat'l Bank...

50

Dubuque—

Sioux City-

100

50

459,984
282,225

al00

1100
2,186,965

100

114,747

200,000
244,000
500.000

a25

(swa-Des Moines Nat
Bank & Trust Co:

Illinois Natl Bk & Tr
Co

olOO

100

Preferred

195

cent

les

100

1,930,970

Common

100

100

sa

88,186

Bankers Tr. Co—
Common

100
25
100
100

100

o

Oes Moines—

32
80

70

N
re

100.000

Preferred

~25~'

25

100
20

Davenport—
Davenport Bk & Tr.

130

~15

100

State Savings Bank

115
215

200

50,000

Common

125

100

15.942

200.000 t
174.000
200,000
100.000
50,000 Q
270.000

Peoples Bk of Quincy
S'thSideBk of Quincy
State St Bk & Tr Co. i

Lamasco

2,875,812
4,406,340

125

280

100
100
100

R Overview State

Debentures..
Mercantile Tr & S Bk

Dec.

177,060
198,368

110

100

120,436

100.000

Common.

ft*

2,920,513
34,040,689
4,900,053
1,077,779

500,000
250,000

Common.

Quincy—
B'dway Bk of Quincy
111 State Bk of Quincy

Swedish-Am Nat Bk.

122,839
2,060,704
157,338
43,020

200,000

Merchants Nat Bank

100

50

share.

Per

2,367,019
3,043,193

170

100

Ask

100

77,123
73,962

Guar Bk & Tr Co

160

Bid

Par

$

People's Sav Bank
United State Bank
Council Bluffs—

100

Gross

Deposits

125,000
200,000

61

152,814

200,000 j,
88,000
150.000

Common.

Burlingtoli—
Cedar Rapids—

1,565,837
8,370,308
2,321,955

202,584
727.231
181,088
841,499
1,146,100
1,695,106

15

30

Nomi nal.

Farmers & Merch S B
Nat Bk of Burlington

200

.

600.000

7

13,522,687
29,543,426

Peoria—
Cent Nat Bk & Tr Co

3

13,019,698

6,018,985
238,325
6,782,783
275,901
1,323,312 23,123,249
596,953 18,720,717
7,287,255
302,974
3,256,752
73,935
264,699 12,160,173
7,098.543
208,536
421,282 12,072,114
3,601,351
135.098
6,787,422
267,733
948,631 17,726,596
9,170,171
341,130
1,567,607 44,694,604
4,840,892
111,364
9,797,913
334,383
6,930,010
1,658,276
798,052 21,921,781
500.104 11,274,431
3,386,909
76,897
8,486,023
296,935
>
1,789,853
77,402
3,315,298
97,737
7,769,636
384.230
6,981,931
359,359
8,027,464
458.099
10,021,656
382,947
4,064,904
225,731
9,537,553
443,844
5,538,577
406,949
1,208,156 27,013,874
483,815 12,652,679
1,161,539
73,224
11,436,985 270,291,608
13,519,624
321,065
1,473,375 32,722,515
10,522,650 369,946,356
425,436 10,643,677

100.000

Union Nat'l Bank

20

Dec.

Surplus A
Profits

Capital

2,654,850

State Institutions

IOWA

30

Ask

Bid

$

258,262

100.000
300,000

First Nat'l Bank

Par

Deposits

Nomi nal.
Per share.

372,418
275.000 I
326.000
482,880
300.000
1.000.000 1,695.260

—

Preferred

Dec.

Gross

Surplus A
Profits

$
260,000

Chicago (Concl.)
Kaapar Am State Bk

National Banks

State Institutions
Dec. 30

ILLINOIS
Capital

TRUST COMPANIES

AND

BAMS

104

Dime Trust & Sav Bk

People's Tr & Sav Co

250,000
300,000

Gary—
Gary State Bank
Gary Tr & Sav Bk..

400.000
200,000

Debentures

»

3,718?447

Lexington-

20

Sank of Commerce..

75
100

100
125

Indianapolis—
American Nat Bank.

10
1.000.000
(1,802,280 40,503,182
725,000
I 10
Class A preferred.
100
100.000
121,163
Fountain Sq State Bk
2,481,671
4,000.000 8,955,653 129,566,156 100
Indiana Nat Bank.'.
200,000
Live Stock Exch Bk. i
201,935
1,301,246 100
50,000
26,733
Madison Ave St Bk
1,003,476 100
100
65,000
12,446
586,431
Marlon Co State Bk_ i
100
1,250,000 2,369,216 36,289,025
Merchants' Nat Bk.
i
325,000
60,975
2,374,122 100
People's State Bank500,000
Bankers Trust Co
380,844
3,483,626 100
100
143,785
4,839,179
Fidelity Trust Co— i 282,000
Fletcher Trust Co—
1 500,000 11,233,480 38,438,537 (100
Common
760,000
Debentures
1,000,000 1,175,962
Indiana Trust Co.._
17,592,485 100
i 399,200
100
76,205
4,370,848
Security Trust Co
100
1,000.000 2,640,207 34,459,265
Union Trust Co
South Bend—
347,000
93,096
American Trust Co..
3,391,372
10
500,000
5,127,064
192,380
City Nat Bk & Tr Co
600,000
416,873
First Bank & Tr Co.
10,520,708 100
100
250,000
236,854
Merchants Nat Bank
4,754,864
100
200,000
136,185
8t Joseph Bk & Tr Co
5,363,743
Common

240,000
250.000

156,013

Common........

750,000

684,698

Preferred

250.000

.....

—

6,464.201 (100

(100

268"

150

Preferred
First Nat Bk & Tr Oo
Second Nat Bank
Union Bank & Tr Oo

Security Trust Oo

18,988,659

200,000
340,000
1.000.000
150,000
150.000

500.000

1.000,000
2,000,000
I.000.000
Liberty Natl Bk & Tr II,800,000
300,000
Security Bank
KentuckyTltle Tr Oo el .000.000
750.000
Lincoln Bank & Tr__

"54"
107

83,604

|

1,208,666
375,416
262,689
245,000

15,375,141
3,405,107
3,003,383
3,786,494

3,115,154
1,740,246
2,651,038
395,266

LouisvilleCitizens' Union N B_
Fidelity.& Oolum Tr.
First National Bank

240

146

Common..

148,885

1,120,481

175"
50

67

305

325

Bank..
Louisville Trust Co.

11,965,000

United States Tr Co.

154

525.000

681,312
136,605
1,139,161
108,740

100.000
100 000

143,857
509,121

Stock Yards

100.O00

Newport Nat Bank..
*

Sale price.
a Pref.
b Oct. 2. 1939.
c
e

les

10
50

300
210

215"

100

340

355

65,905,887 1001
9,631,580 10°)
42,590,975 100
26,273,767 2H
100
2,689,443
100
5,608,109
16,668,036 100
100
1,658,734
10
18,091,900
1,452,504 100

275

1,781,588
6,222,648

100

5

'151" 103"

100

Newport—
American Nat Bank-

120

2H

0

10

x

March 29.1939.

Ex dividend.

3

105
140

200

7H
27

J*
32

100

100

1250

stock retirement price.

Citizens Union Fidelity unified certificates.
Affiliated with the First National Bank of

20

124

116

d New stock.
Louisville.

/Formerly the I-C National Bank of Chicago; title changed Jan. 18,
g June 30, 1939.
h Member of Northwest Bancorporation.
i Common and preferred stock or capital debentures outstanding.
I Last sale,
n Dec. 31, 1938.

Terre
Haute
First
Nat- Bank——*"




255

cent

Merchants Nat Bk__
Preferred

alO

o

Terre Haute—
Common

16

i

Citizens Bk & Tr Co.

1940

Feb., 1940]
National Banks
Dec.

AND

BANKS

State Institutions

LOUISIANA

30

TRUST

Dec.

COMPANIES

I

30

105

NatTc!TuMASSACHUSETTS

1

Surplus &

Deposits

Par

Bid

Capital

Ask

Nomi nal.

Baton RougeCity National Bank
Common.
Preferred
Louisiana Nat Bank
Common
Preferred

300.000
240.000

300,000
240,000

New Orleans—

110

11,009,595

j 635,000

20

25

1,000.000
500,000

1.500.000
1.200,000

Nat Bk of Commerce

Common
Preferred.
Louisiana SB & T Co
Whitney Nat Bank.

37,159,259 1100

|2,020,338
^1,672.602

100

120

25

1,000.000
1.000.000
700.000

1,260,597
882,080

120

26

25

"25" "30""

20
25

76%
170

160

100
100
100

24,467,115
10,710,397

86

7,706,097

100

247,451
169,035
250,128

2,792,505
563,365
3,588,560

100
10
20

200,000
300.000

1,041,854
196,921

5,967,250
2,194,198

100
10

6

276,000
345,000

264,584

7,645,231

50

55

o

rec ent

les

sa

Holyoke—

120

33,284,013

300

Haverhill—
Haverhill Nat Bank
Merrimack Nat Bank

26

Shreveport—
First National BankCommercial Nat Bk.
Oont'I-Am B A Tr Co

107

100

1,028,469

605.761

•N

Glouc NatBk ofGlou
Gleuces S D A Tr Co

102%

120

1.500,000 11,766,885 57,690,326
1.200.000
208.000
218,429
3,187,699
2.800.000 7,387,158 141,164,385

100

100

7.706,054
9,398,471
3,811,836

160,000
120,000
280,000

Safety Fund Nat Bk.
Gloucester—
Cape Ann Nat Bank.

150

1100
57,762.669

Ask

Fitchburg—
140

Amer Bk & Trust Co

Common
Preferred
HIbernia National Bk
Common
Preferred

284,462

327,157

600.000

__

11,250,812 1100
\ 80

| 560,387

Bid

Nomi nal.
Per share.

400,000
427,500
800,000

B.M.C. Durfee Trust
if all River Trust.

110

Par

Deposits

$

Fall RiverFall River Nat Bank

share.

Per

$

Cross

Surplus &
Profits

Cross

Profits

Capital

125

126"

Holyoke Nat Bank-—
Common.....
Preferred
Park National Bank

50

Common......
100,000
Preferred
141,000
Hadley Falls Tr Co.. dl .400.000
Lawrence—

132,706

2,479,181 J100

60

1100
401,892 610,603,096

20

State

MAINE

30

Institutions

Dec.

30
Nomi nal.

Augusta—

Per

First Nat Qranlte Bk d

Depositors' Trust Co
pa Bangor—
Merchants' Nat Bk

700,000
705.575

470,274

536,272

1,000.000
200,000

J 657,551

9,024,488
10,069,778

247,443
1,001,917

600,000
400.000

Eastern Tr & Bkg Co
Merrill Trust Co—.
Common

share.

100

mm'

25

38

m

m

40

430,172

6,536,459

25

483,708

4,242,749

10

18%

667,386

12,240,627

25

23%

26

204,038
6,449,407
5,849,651
518,654
701,125 b 3,612,007
909,615 b 9.614,015

20

16%

18%

25

100

N

cent

20

sa

les

12,959,806 1

714,500

250

100

350
49 %

20

500,000
350,000

229,963
792,500
498,426

200,000

Bafe Deposit Nat Bk

0

100

New Bedford-

_

100

9,560,303
7,610,340

National Bank...
1.000,000
Lynn—
Mfr's.-Cent. Nat Bk d 500,000
Essex Trust Co
250,000
Lynn 8 Dep A Tr Oo
100,000
Security Trust Oe
400,000

First National Bank. d
Merchants Nat Bk—
re

Preferred

600.000
300,000

Union Old Lowell

National Banks
Dec.

106

Ba^rStateMer Nat Bk
Appleton Nali. Bank

370,405

71,952

1,874,811

100

50

50
6,934,056
20
10,601,908
6,252,767 12%

6

8

40

10

Peabody—
Warren Nat Bank

50

I 20
Salem—

Portland—
Canal National Bank
Casco Bk & Tr Co
First Portland NatBk

600,000
200.000

507,062
213,204
794,824
366,937

1,000,000
400,000

Nat Bk of Commerce

Merchants Nat Bank
Naumkeag Tr Co—
Common
Preferred

100

105

25

23

26

25

33

36

20

38

250,000

124,786

3,194,723

250,000
200.000

969,481

7,256,726 /

Springfield Nat Bank dl ,800.000

100

8794,888
4,388,060
17,229,450
7,319,894

875,822
3,370,047

40

*

10
10

t

14
10

Springfield-

National Lanks
Dec.

MARYLAND

30

Dec.

1,933,429
201,104

200,000
300.000

249,653
328,545

2,701,519
4,856,633

Mechanics Nat Bank

600,000
300.000

1,161,022
282,374

16,221,439
5,593,882

Third Nat BAT Co..
Springfield S I> A Tr.
Union Trust Co
West Spring fluid Tr.

State Institutions

Taunton
Nomi nal.
Per share.

500,000

383,215

6,445,499

10

600,000 11,223,869 41,621.491
800,000
370.000
533,688 11,030,424
i
175.531
250,000
3,956,724
Oarrollton Bk of Bait
80.000
257,124
1,803,876
Oommonw'lth Bank.
300,000 n 209.902
872,669
First National Bank.
4.000,000
7,560,910 215,074,987
Nat Cent Bk of Bait.
400.000
521,676
7,220,025
Nat Marine Bank..
600,000
790,176
5,531,262
Western Nat Bank..
750.000
625.532
14,976,672
Colonial Trust Co...
400,000
142,963
2,422,701
Equitable Trust Co.
2,000.000
1,356,339 42,455,173
Fidelity Trust Co..
1.000.00G
1,141,087 20,092,774
Maryland Trust Co
Common
1,000,000
42,609,435
Capital notes
1,550.000
Mercantile Tr Co..
1,500,000
3.902,919 27,273,719
Real Estate Tr Co..
600.000
275,616
1,578,948
Safe Den & Trust Co
2,000.000
4,215,255 46,055,446
Union Trusi Co
3,000,000
1,883,940 49.297,308
Cumberland—

(10
20

23

50

75

100

50

Baltimore Nat Bank
Common

Preferred

Calvert Bank
Canton Nat Bank..

i

jl.696,861

First Nat Bank

d

394.000

211,437

6,164,570

Common

100.000
99,500
500,000

J

150.000
291.000

Capital notes

| 117,739

89,416
190,551

1,665,955
7,587,257

10 *

Worcester Co
Oommon
Class A..

4,247,435

10

100
30

2

"~57%

58%

25

10

i-l

17
68
15

16

250*

100

"77"

475

10
100

90

100

(25

25

26

50

110

115

12

13

{.!.

100,000 L

123,804

1,785,453

115

Farmers & Merc Bk.

90.000

377.000
200.000
150.000

Co

113,207
331,454
264,884

91,5961

1,602,689
1,856,213
6,001,147
4,016,068
2,144,120

100
10

Oommon

Preferred
Mfiro National Bank.
Nat Bank of Detroit-

Common
Preferred
United Savings Bank
Preferred
Wabeek State Bank.
Bankers Trust Co

75

Common

Common

c25

190

195

7

8

10

........

Day Trust Co

Fiduciary TrustOo..
New Eng Trust Co..
Old Colony Trust Co

Pilgrim Trust Co.
State Street Tr Co..
U S Trust CoCommon

d

500.000
1.000,000
15.000,000
400.000
3.890.000

_

Beverly Trust Co
Brockton—
Brockton Nat BankHome Nat Bank

cent

les

Cambridge Trust Co
County Bk A Tr Co_
..

Middlesex Co Nat Bk

N
re

cent

500,000

972,928

10,227,121

20

sa

les

0

2,029,934 b65,454,350

8,250,000
9,250,000
750,000
500,000
1,200,000
500,000

50

103

108

3,608,685 156,060,955 I

20

t50

52

1

1,800.000
3,570,000
3.000,000

on

5.331,926 150,681,757

J14262 328

50

462,313,299 1

"l20" 136""

10

40

41

24

26

1 25
23,481,447 / 10
\ 10
16,566,478
r
448,880 "16

j1,250,000
438,686
431,857

......

1,572,880 f
I

"15%

10

5

7

41
24

43
26

899,298
392,131

2.000,000

3

<710,250,738 f 20
1 20
701,262 ff 5,921,724 100
148,412
4,530,173

|

10

81,134

g

|2,093,753

4

Flint—

Olt Com A Savs Bk. dl ,000,000
Genessee Co Savs Bk
1,000.000

28

20
20

25

77,5*1
.430,092

22,791,265
9,592,973
3,074,527
6,390,562

20

250.000
400,000

20

18

250,000

114,105

2,041,340

20

12

14

674,065

11,882,848 |

20

25

30

20

20

23

400,000

635,003

8,912,903

10

19

21

1,000,000
1,250,000

2,378,875

47,044,168

1 10

27

29

Grand Rapids Tr Co.
Union Bank of Mich.

400,000
250,000

Michigan Trust Co..

10

1,200,00b

110,429
428,352
761,709

Merch A Mech Bank

Fjint
Rapids—

Central Bank..
Nat Bk of Grand Rap
Oommon

500,000

,

i

180,000

30

"25""

22

20

Old Kent Bank—
Common
Preferred

.89,153,899
15,234,023
41,486,752
2,440,615
15,554,397
2,262,704
38,919,846

\

g
<7

1,578,235
3,624,372
2,729,775

10

«•

—

_

_

20

mm

•»

__

50

19

20

14

25

21
16

Saginaw—
Saginaw State Bank. d

357,000

227,529

7,046,113

20

1,250,000

2,522,459

29,923,933

100

28

Second Nat Bank A
Tr. Co

e255

None
*

9,337.959
90,418,006

Sale

price.

t Rights to subscribe for

13,354,312

new

stock of the Detroit Bank, Detroit, Mich.,
held, at $40 per share.
Rights

bid 2, asked 2%.

450.000

a

100.000

141,186

2,676,532

300.000

100.000

307,920
107,015

4,058,119
1,713,214

600,000
600.000

702,219
541,108

8,761,458
7,323,364

150.000

300.000
1.000.000
600.000




682,275
bf,053,466
536,670
4,654,719
1,636,170 622,365,578
800,893

10,697,462

Stock has to be offered to board of directors.

b Includes
c

savings deposits.

Retirement

price.

d Common and preferred stock or capital notes outstanding.

f Convertible pref. stock entitled in liquidation to $20
a

100
10
20

Dec. 31.

a

share.

Trust balances.

i

Cambridge—

Harvard Trust Co.
Everett—

100

in the ratio of one share for each five shares

700.000 11,358,419

Convertible pref._
Winthrop Trust Co.
Beverly—
Beverly Nat Bank..

400.000

400,000
500.000

Preferred

Boston 8 Dep & Tr.
Columbia Trust Co..

share.

100

300,000

Peoples Nat Bank-

6,038,313
733,886
4,087,548
234,599
1,777,792
692,330
3,403,378
5,259,863
547,385
6,943,478

30

2,308,340
6,604,900

Preferred
Un Guardian Tr Co.

N
re

sa

Boston—

2,000.000
1,000 000
2.000,000
100.000
1.250.000

Dec.

69,999
366,725

n

309,660
226.340

Preferred
Detroit Trust Co-

100
10

First National Bank. 27,812.500 53,406,194 739,025,407
Merchants' Nat Bk
3,000,000
5,692,340 108,423,539
Nat Rock Bk of Bos
1,500,000
3,062,168 33,482,058
Nat Shawmut Bank. 10,000,000 20,901,143 196,576,111
Second Nat Bank..
Web & Atlas N Bk.

634

State Institutions

Equitable Trust Oo—
70

MASSACHUSETTS sta"feT%'im'

30

24

5%

Per

300,000

Commonwealth Bank d3,700,000
Detroit Bank....

Grand
Dec.

22

10

Nomi nal.

Nat Bank of

National Banks

140
17

10

2,286,533 637,546,979

MICHIGAN

30

Wayne Oakland Bk.

Nlcodemus Nat Bk_.
Second Nat Bank

Hagerstown Trust

25

115

4,144,995

10

2.000 noo

Bay City—
Bay City Bank.....
Natl Bk of Bay Oity.
People's Commercial
A Savings Bank...

"16'

9%

100

423,067
61,602

100

Detroit—

70

100

5,059,865
5,274,842

Maryland Tr_.
Hagerstown—

25

19

527,249

1.50,000

1,000,000

.....

Dec.

25
100

973,475

West

25

35

100,000
125.000

Fr'k Town Sav Inst

100

'

National Banks

75

44%

20

Frederick Co Nat Bk
Common

44,220
150.000

69

30

10

Citizens' Nat Bank..
Farm A Mech N Bk.

Preferred

350
69

25
25

Tr Oo

Common

Common

8%

100

Worcester—

Liberty Trust Co—
Capital notes
Frederick—

1,470,739

—

Machinists' Nat Bk.
Bristol County Tr

5

Peoples Bank—

Second Nat Bank

1.500,000
1.000.000
1.000.000
194,250

30

Baltimore—
Bait Comm'l Bank

10

15,616,741
31,350,916
15,017,503
14,221,755
2,512,847

Guaranty Bk A T Oo

'

1938.

* Units.
n Oct. 2,

I Last Sale.
1939.
0 Grand Rapids Trust Co. consolidated with the National Bank of Grand
Rapids, Grand Rapids, Mich., under title of the First National Bank A
Trust Co. of Grand Rapids.
New capital, ,$520,000 cofnmon and $180,000
RFC preferred stock.
The consolidation became effective Jan. 11, 1940.
t Affiliate of First

National

Bank of Boston.

BANKS

106

National Banks
Dec.

Olty National Bank.
Jfc
Duiuth Nat'l Bk
First 8c Amer Nat Bk
2,000,000
Minnesota Nat Bank
400,000
of Duluth

Central Nat Bank—

Fifth No'west'n N B.
Flrst Nat Bk & Tr Co

Hennepin State Bank
Marquette Nat Bank
Midland NatBk 8c Tr
Minnehaha Nat Bk.
N'western Nat B & T

52,599

100,000
k
140,000
e
100,000
66,000,000
6
100,000
k
362,000
k
974,375
6
100,000

Common

Produce State Bank. 6
2d N'west'n State.
Third N'west'n N Bk
4th Northwest Nat'l.

University State Bk.

950,373
8,103,406
2,043,511
30,834,169

Bid

Ask

45,169

St. Louis (Concl.)
Telegraphers Nat Bk
U nited Bk 8c Tr Co..

21,577
124,161
34.422
43,905

8,293,344
28,733
342.237
607,393
50,665

2,558,629
1,975,532
1,922,339
153,209,495
1,025,249
6,328,972
17,471,693
2,021,444

o

cent

Ohlppewa Trust Co. k
Saston-Taylor Tr Co k

sa

les

Llndell Trust Go_

400.000

Merc Com B 8c T Co- 10.000.000
Mercantile-Com¬

66*3

350,000
Miss Val Trust Co..
6.000,000
*
Meund City Tr Co
243,059
North St Louis Tr Co
300,000
WebsterGroves Tr..
100,000
merce

5100
e—

elOO

Nat'l Bank.

100

OI11 sens' Bank
Union Nat Bank

6100

Southern Missouri Tr k

UK

e

Jt

100

31
85

20

6

100

85

6,273,436
350,603
3,243,605 105,737,648
31,065
3,036,234
312,337
4.360,979
229,985
2,973,944

100
25

20

National Banks
Dec.

129

130H
4H

4

n

30^

IV*
50

100

"26""

20

30

175

100

1,059,352
454,353
65,675
7,701,248
115,900
263,613
241,733

330,100

512,214

State Institutions

MONTANA

30

Dec.

30

No re cent

plOO

share.

Per

5,338,188 plOO
3,122,757 100
100
3,594,369

217,524
174.213

200,000
150,000
100,000

5,289,073 1100

pi.000,000 /

100
100

Nomi nal.

29,318,508 100
5,171,484 100
2,119,278 100
141.706,202 plOO
2,364.400 100
8,685,448 100
6,212,474 elOO

100,000 1
135,000

100

2,762,107
11,431,168
2,319,158

17,063
441,346
70,259

Billings-

5,903.090 plOO
1,941,490 100

125,000 i

Montana Nat Bank.

les

sa

Sec Tr 8c Savs Bank.
Butter-

o

Miners Nat Bk

Metals Bk 8c Tr Co^

11H

11

e

240,881

300,000
100,000
600.000

First National Bank.

929,103
625,838'

100

cent

100

12,991,633
1,310,480
13,055,074

44,100

les

P-

Helena—

g

ek 455,000

100,000

Stock Yards Nat Bk. *

250,000

Midway Nat BankCommon
__

600,000

318,072

10,751,350 P100

Common

250.000

213,536

Preferred

First State Bank

EmpireNatBk&TrCo

200.000

9,021,164 /100
\ 100

First Nat Bk 8c Tr Co
Union Bk 8c Tr Co—

\100
National

Banks

Dec.

National Banks

MISSISSIPPI

30

State

State Institutions
Dec. 30

NEBRASKA

30

Institutions

Dec.

Nomi nal.

30

Per share.

Lincoln—
Continental NatBk—

Nomi nal.
Per

Jaokson

share.

Common

...

Oommerc'l Bk&TrCo

18,348
636,021

50,000

Depos Gu Bk & TrCo

731,400
297,000

Jackson-State N Bk.
Meridian—

9,847,174

603,615

300,000
100,000

—

1,019,876
13,754,362
8,903,183

497,289

75

~12

"15"

150

165

150

175

612,390
893,057

22,753,082
11 555,161

100

1,500.000
500,000

First Nat Bank

100

65

11,312,270 (100

1,241,778
728,791

29,703,281
14,771,875

20

39

100

160

1.500.000
500.000

10
100

First National Bank.
Nat Bk of Commerce
Omaha—

/30
140

254,720

49,930,692

(100

185

J 1,983,949

312.500 1
290,000
1,000,000
300,000

e

.....

Preferred

Capital National BkPreferred

88

36

100

3pi

11^

F

150,063
68,333

200.000

First National Bank- 06.000,000

Common

share.

120

20

290,000
591.000
139,500

k

Midland Nat Bank..

DrovExchState Bank ok 200,000

Deo.

100

Springfield—

100
el 00

St. Paul-

I

211,858
4,407,491
900,289
15,385,072
9,840,140
403,990
11,604
3.095,002
40,841
3,564,891
270,680
5.970,666
6,529,767 185,583,689

20

5

-

American Nat Bank. *1.682,000
150,000
Commercial State Bk k

...

:

250.000

100
100

Rochester—

Preferred

1.000.000
496.492

N

5.000,000 14,534,141 136,666,283 /100
1,350.000
45,739
1,557,254
100,000
1,309,670
15,372
50.000
133.847
1,788,762 eio5
100,000
149,226
3,103,121 elOO
125.000
65,233
1,324,658
79.600

First National Bank- 0
k
Union Nat Bank

First Trust Co.

1.000,000

Per

$
500.000

Tower Gr Bk 8c TrCo

100

Ask

Bid

Par

Deposits

Nomi nal.

50

7,240,366
12,832,918
1,118.722
930,353

267,227
371,641

Gross

Surplus &
Profits

Capital

100
100
100

State Institutions
Dec. 30

MISSOURI

30

re

1,214,797

b

Preferred

Dec.

Par

Deposits

43,324
339,146

1.000,000
Northern Nat Bank100.000 !
Pioneer Nat Bank..
Jt
100,000
Western Nat Bank.

Minneapolis—
Blooming'n-Lake NB

National Banks

30

Nom inal.
Per share.

$
100,000
600.000
200,000

Duluth—
Bank of Gomm & Sav

Dec.

Gross

Surplus &
Profits

Capital

COMPANIES

TRUST

State Institutions

MINNESOTA

30

AND

Live Stock Nat Bank

alOO"

\100

"150""

100

165

225

200

41>*

Omaha Nat Bank—

First National Bank.
Mer 8c Farmers Bank

3,365,880
3,378,344
4,541,545

152,232

259,000
332,500
238.000

Cttisens Nat Bank..

222,304
109,083

80
68

85

50
50

60

65

100

Common

70

Preferred

I

293,9481

500,000
300,000

March NatBk&Tr Co

290,1111

121,000 1
79,000
50,000

Common

Picksburg—
First Nat & Tr Co—

5,709,282
5,703,680

Preferred

8

U40

100

200

1100

Packers' Nat Bank:

2,693,140 (100

50,872

\100
51,959

932,903

25

| 146,023

8,026,392

(100

270.000
inrvnno

South Omaha Sav Bk

1,172,344

Stock Yards Nat Bk
Common

National Banks
Dec. 30

MISSOURI

Preferred

State Institutions

Dec.

380.000

e

el

S Nat Bank

30

\l00
27,239,701

100

31,959,686
950,090

100

Nomi nal.
Per

Kansas City—
Baltimore Bank

600,000
500.000

6,000,000
100,000
2.000,000

Commerce Trust Co

Community State Bk
First National Bank.
Inter-State Nat Bank

500,000
100.000

Ltnwood State BankMerchants Bank
Merc Home Bk & Tr

share.

100

360

100

85
78
147 H 155

National Banks
Dec. 30

107

100

79,197
2,389.194
2,049,725 32,883,039
7,080,419
163,502
5,'496,676 184,414,053
65,739
1,350,881
4,987,864 134,525,547
1,509,106 25,007,416
89,434
1,695,349
202,804
3,495,748

100.000

Ulty Nat Bk & Tr Co
Columbia Nat Bank-

200,000

100

70

90

100

450

475

Security National Bk

350,326

9,877,178

100

71,762

1,698.562

100

JOG

295

325

100

100
200

Per

Capital notes

i

1,361,914
100,000 i
15,097

600,000!

\share.

1

100'

135

100

Nomi\nal.
Reno—

225
National

200,000
194.000

Common

NEVADA

First Nat Bk of Nev.

100

410

170

Dec.

Banks

30

NEW HAMPSHIRE

State Institutions

Dec.

30
Nomi nal.

Missouri Bk & Tr Co

105,000
95,000
50,000
200,000
100,000
100,000

Common
Preferred

Park National Bank.
Plaza Bank of Co mm

Produce Exch Bank

Southeast State Bk..
South Side Bank—

100

80

25,962

616,435

100

50

Preferred

Stock Yards Nat Bk
Traders'
Gate
City
Nat'l Bank

k

Amoskeag Nat Bank
Manchester Nat Bk.
Merchants Nat Bank
Nashua—

95

100

282,348

8,130,492

100

200

650.000

159,817

8,780,845 62 H

50

100

—

_

m

—

-

—

225

1,000,000
1,000,000

754,352

Union at Bk of Com

100,000

University Bank
West port Ave Bank.
3t. Joseph—
American Nat Bank.
Burnes Nat Bank...
First National Bank.
First Trust Co
FlrstStJoeSfkYdsBk

100.000

136,287
26,609
202,669

Preferred-

Tootle-Lacy Nat Bk.
■mplre Trust Co
Missouri Vail Tr Co
St. Louis—

100,000
200,000
200,000
500,000
100,000
250,000
200,000
200.000
129,000

232,247
261,323
432,626
157,032
91,674
261,371
136,442
66,399

27,243,397

1,078,482
1,147,787
2,309,956

8,557,135
4,054,996
10,407,474

no

200.000

600,000

6,263,695
3,105,984
3,583,907

100

N

0

100

re

cent

100

sa

tes

543,971
590,607
579,936

6,560,327
5,984,399

100
100

280
135

6,815 423

100

80

-97,808

3.299,246 (100

300
140

Portsmouth—
First National Bank.

250,000 1
75,000

i

Preferred

1034

share.

949,897
611,280
269,274

200,000

New Hamo Nat Bk

N

0

1100
1,526,982

38,056

re

cent

100

sa

les

(15
100
100

150
75

100

150

160"

National
Dec.

Banks

NEW JERSEY

30

Institutions

State

Dec.

30

100

Nomi nal.

100
o

100

cent

100

709,565

7,084,249

100

120,000
343,783
500,000

100,068

1.135,209

(100
I 10

268,721

6,102,960

10

225,000
1,184,565

149,552

1,474,118

(100

Common

Guarantee Bk&Tr Co

100

Equitable Trust Co—
Common

Amer Exch Nat Bank

Share.

150

Bankers Trust Co—
Preferred

100

Preferred

4
107,500 I
103,368
2,451,530
J20
15
92,500
\20
Baden Bank
75
100
200,000
2,753,153
81,449
20
36
Boatmen's Nat Bk-.
2.000,000 2,348,442 63,410,703
90
Bremen Bk 8c Tr Co.
100
400,000
327,976
5,529,811
Oass Bk & Tr Co
100
100
300,000
221,135
6,152,064
42
17
First Nat Bank
10,200,000 8,755,053 265,539,153
90
Industrial Bk&TrOo
20
750,000
14,426,010
677,800
Jefferson Bk & T CoCommon
200,000 I
65
88,984
3,498,762
100,000
Capital notes—
"15"
580,000
Jeff-Gravols Bank
169,980
7,049,663
Lemay Ferry Bk & Tr
Common
50,000
79,214
1,643,881 /100
Preferred
50,000
\100
Manufacturers Bank
15
20
600,000
8c Trust Co
590,428
12,542.298
90
100
500,000
Manchester Bank.
254,197
6,302,093
49
50
500,000
Mutual Bk & Tr Go.290,657
11,330,981
20
20
690,000
No'western Nat Bk.
460,540
7,174,787
25
20
200.000
148,985
Plaza Bank (The)
4,297,561
125
100
350.000
734,620
Sec Nat Bk Savs&Tr
15,882,561
Southern Commerc'l
60
100
*
420,000
& Savs Bank..
51,881
3,366,190
19
20
400,000
244,408
5,138.128
South Side Nat Bk—

400,000

Boardwalk Nat Bank

les

s

Per

Atlantio City-

100

None

4,054,409
8,801,239
2,691,857
1,117,511

9H

400.000

Common

Union Nat Bank—
Common

200.000

Nashua Trust Co—
SecondNat of Nashua

65

120

200,000
150,000

Indian Head Nat Bk

100

100

Per

Manchester—

100

57.555

1,894,138
3,239,520
2,461,598
1,418,327

39,364
109,209
109,021

50,000
50,000
400,000

Common

130

115

100

1

10

.....

a30
3

"75c"

Common

Preferred




...

_.

_

1100

85
37

Asbury Park—

Grove Bank...

43

103

Seacoast Trust Co

Bayonne—
Jfc
Broadway Nat Bk
Bayonne Trust Co..
__

75

25""

al66~
16
100
51
22

28

135

a

549.975

321,618

6,359,790

100

70

80

300,000
100,000

Asbury PkNatBk&Tr Jfc
Asbury Park & Ocean

180,472
115,370

3,036,607
1,014,083

10

6

10

5

3

4

200,000

35,938

50

400.000

419,320

1,934,885
9,813,314

100

75

Retirement price.

b First National Group,
c Dec. 31. 1938.
d Owned by the
e

Transamerica Corp.. San Francisco, Calif.

Member of Northwest Bancorporation.

/ June 30, 1939.
0 Member First Bank Stock Corp.
1 Oct. 2, 1939.
k Preferred stock and common stock

or

capital debentures outstanding.

i L<ist s&l0

shares of beneficial interest, which in turn
represent 3,500 shares "of $100 par stock of the Mercantile-Commerce
National Bank of St. Louis, Mo., held by the trustees.
0 American National Bank of St. Paul affiliate.
s Member of the Guardian
Detroit Union Group Inc., Detroit, Mich.
n

Price applicable to 100,000

FEB., 1940]

BAMS

Banks

NEW JERSEY

TRUST

AND

COMPANIES
National Ranis

"Sr1

Surplus &

Deposits

NEW YORK

Gross

Profits

Capital

Ask

Bid

Par

107

Gross

Surplus &
Profits

Capital

State^Institutions

Bid

Par

Deposits

Nomi nal.

243,600
575,000
248,000

Gamden—
FlrstOamNatB&TCo d2,150,000

1,185,288
48.406
1,295,124

100

25

30

100

65

70

20

8

9

26,007,053 12%

2%

3X

1,479,352
35,889,410

IK

88,902
269,552
124,314

Farm & Mer Nat Bk. k

Mercbantville

share.

Per

Bridgeton—
Bridgeton Nat Bank.
Cumberland Nat Bk.

2,279,112
5,244,970
1,534,827

Nat'l

East Orange—
Ampere Bank & TrCo

200.000

62,466

Sav Inv & Trust Co:
Common
Preferred

95,600
769,165

J 311,765

10

2X

45

3,279,835 33 X

18,784,703

%

LI

d

400.000

70,3 il
176,929
40,848

e

20

12
2

240,000

225,000
500.000

First National Bank-

2.225.000
Franklin Nat Bank.. d 200,000
Hudson Co Nat Bk—
Common
1,250,000
Preferred
1,500,000
Bergen Trust Co
100,000
Commercial Tr N J..
3.400,000
North Bergen Tr Oo.
100,000

4,308,418

13,062,323

1

294,837

2,912,977

10

2%

.....

3X

...

J 348,489

35,766,961 J 25
\ 30
100
1,085,578

94,251
3,263,057
21,678

67

63

3

2,200.000
2,500,000

Debentures

"I"

10

71,305,404

25

30%

32

821,668

50

25

35

r30

53,612,483

230.000

13,075

3,052,038

%

X

{ I

r

391,426
451,766
28,504
918,263

575,616

125
110

25

7,986,936
6,644,195
1,692,905
10.827,701

10
50

125

15

200,000
100.000

463,904
116,856

Bank of Commerce of
Newark

150,000

Lincoln Nat Bank

600,000

49,618
395,964

Franklin Wash Tr Co

884.000

53,437

Mt Prospect Nat Bk.
Nat Newark & Essex

122.837
3.000.000
500.000

1,797,228 51,710,581
2,117,476 29,604,452
61,141
3,307,656
c
99,164
2,0.38,608
1,209,091 37,417,370
8,664,689 155,201,535
1,635,902
18,017,053
137,507
3,360,345
581,687
4,524,949

Banking Co
National State Bank

d

Columbus Trust Co.
Federal Trust Co

304.000
1.622.500
d7.000.000

Fidelity Un Tr Co
Merch & Newark Tr.
Union National Bk.
United States Tr Co.
West Side Trust Co.

526,980

2.500,000
336.300
800.000

_

1,022,425

295,277

863,750

426,811

481,249

132,077

...

Nat Bk of W N Y—
Common

100

14%
1%

2X
2X

1%
60

258,590

50

Amalg Bank of N Y

10
7

29%

21

22

Chase Nat Bank
Comm'l Nat Bk & Tr
Fifth Ave Bank

2l"

First National BankGrace Nat Bk of N Y

11

Merchants Bk of N.Y

6

......

25 b

9
N

o

re

cent

sa

les

Penn Exchange Bank

r30

25
100

Public Nat Bk&TrCo
Schroder Bkg Corp

10

50

40
f50

Passaic—
Passaic N Bk&Tr Co 42,125,000
People's Bk & Tr Co.
1,000,000
Plainfield—

2,501,913
403,776

Trust

Plainfield Nat Bank.
425,000
Mid-City Trust Co.. 4 100,000
Plainfield Trust Co.. 41,150,000
State Trust Co
4
247,500

129,863
60,547
611,217
53,520

.

10
100

returns

co.

1

175

10

7

25

3

City

Bank

Trust

30

Clinton Trust Co
Colonial Trust Co

*25%

Continental Bk&Tr.
Corn Ex Bk & Tr Oo

Corporation Trust Co
Empire Trust Oo
Equitable Trust Co.

N

o

100

re

cent

Federatic

100

sa

les

Fulton Trr«t Co

a

Bk& Tr Co

Fiduciary 1** ost Co..
Guaranty Tr, st Co.

Paterson—

.

First National Bk—
Common

Hellenic Bk & Tr Oo.

Preferred

Haledon Nat Bank.. 4
Nat Un Bk of America 4

680,000 I
550,000
100,000
293.000

Paterson Nat Bank..
600,000
Second Nat Bank
1,500,000
Paterson Sav Inst
42,000,000
Prospect Pk Nat Bk
Common
100,000
Preferred
45,000
Citizens Trust Co—
Common
600,000

Preferred

592,879

14,124,731

flOO
\ 60

58,542
42,512

100

1,515,916
816,564
1,196,429

1,535,358
2,702,494
17,183,727
17,517,948
28,232,950

492,120

6,456,141

128,587

8,817,198 / 25
1121!

5

17,438,124 J100

20

U S Trust Co—

600,000

528,223

50
50

60

Irving Trust Oo

loo"

Lawyers Tr Oo.

12

"65"
25

25
<

50

5
5
25

65

3

2%

r20

"155" 10234

7,774,181
4,395,718
4,864,613

100

300

20

15

442,032

737,269

100

153,962
108,392
514,174
512,679

1,902,919
1,186,121
4,200,209
6,593,609

868,206

350

<50

0

10

re

cent

100

sa

les

100
100

ty banks are repo rted net
rofits are of date Dec. 30
State

banks,

a

di Hdend

City and Broo klyn m
207,
203,204,205 206,

rk

500,000
1.000.000

1.000.000

25.000.000
42,642,500
21,000.000

20,000.000

30, 1939.
185,400
4,277,200
1,398,732
17,077,235
630,953
264,108
81,047,727 1125410058
292,820 23,477,876
72,745,640 1106736120
56,744,100 737,104,300

and

1939
record

be
208

ay

100
50

"16
7
20

10.000,000 16,450 ,773
79,052,586
4
331 ,200
725.000
8,796,000
470 ,837
1.000.000
11,212,540
4,989 ,865
4.000.000
66,919,623
15.000,000 19,065 ,140 338,420,006
352 ,500
500.000
38,600
3.500,000
3,558 ,161
70,074,585
500.000
391 ,600
190,600
825.000
1,249 ,000
11,026,700
2,000,000 2,868 ,746 26,157,075
1,309 ,881
1,000.000
15,702,380
90.000.000 184701 ,954 2088427346
403 ,550
1,000.000
3,432,329
50,000,000 53,188 ,798 695,235,227
1,000,000
2,750 .756
21,976,508
1,930 ,339 38,955,229
2.000.000

10

56%
5834
4%
5X
107
104
50
52

20

50
25

30

10

14

153

20

53%

543

100
10
25

10

38
12

"12" '13"

10
100

195

210

100
100

292"

297"

100
10

25

160

50

32,998,440 144494787 762,763,244 f 20
9,118,520
9,735,652 126,914,845
6,000,000
New York Trust Oo 12, =*10,000 28,959,080 419,605,587
25
Pan American Tr Oo
600,000
165,737
25
4,709,695
Savings Banks Tr Co 429,997,000 6,354,400 170,639,700 200
Convertible pref..

Marine Midi Tr Oo

!2S

.

12%

13%

100

Common

3 5"

25

9

Common

rl2X
25

50

Trenton—

6,000,000 14,587,136

18,772,142

Debenture notes..
6,913,840
Trust Oo of Nor Am. 4
306,800
700,000
8,139,600
Underwriters Tr Oo.
1,000,000
1,058,226 17,835,030
U 8 Trust Oo of N Y
2,000,000 28,828,073 105,843,115

"29" "32"
39

52

4%
111

41

54

5%
114

12

I
100
100

3X

80

100 1665

4X

90

1715

Jamaica. L. I.—

630,553
2,743,914
50,994
84,963
1,192,561
1,088,407

15,234,064
50,065,205
1,325,014
1,519,654
31,906,237

27,295,914

100

40

10

4

100

15

it*

100
50

20
45

25
50

10

1

2

50

Jamaica Nat Bank.. 4
♦
a

Sale

Woodbury—

c

566,500
452,574

3,322,396
3,249,826

d

10
50

60

380.3001

t Marine

Midland

3,835,600
Corp.

Only outstanding stock of People's Bank & Trust Co. of Passaic, N, J.
stock of the Realty & Security Co.
Includes
Oct.

Mechanics'

100.000
200.000

price,

is Si par pref.
b

National Bank
First Nat Bk & Tr Co

[

25

Mfrs Trust Co:

3chroder Trust Co_.

"75"

20

\

750.000

Broad St Nat Bank.
977,500
FIrst-Mech Nat Bk. 43.134,000
Prospect Natl Bank.
200,000
200,000
Security Nat Bank..
Trenton Banking Co
1,500.000
Trenton Trust Oo
41.874.000

16

Title Guar & Tr Co—

594,000

Common
Preferred

55

i

,

60

Farmers'

Co

25
100

5,574,602
1,326,145
16,495,069
4,131,655

date, Dec.

Bankers Trust Oo
Bronx County Tr Oo
Cent Han Bk&Tr Oo
Chemical Bk & Tr Co

31,555,721 12%
5,880,012 a 25

....

53

56

100
43,500 n 6,741,700
650,000
6,000,000 13,931,015 222,426,000 100 "428" 438""
10
17%
18%
20,000.000 28,524,261 546,199,000
40
50
812,203 n 8,097,309 60S
1,000.000
100,270.000 150456,860 2795883000 13.55
3434
36%
181
187
7.000.000 10,878,761 103,624,000 100
715
745
100
500,000 4,253,843
58,249,000
1945
100 1905
10,000,000 109480,006 648,820,000
1.500,000
2,167,420 n36,094,356 100
400,000
100 "ios" Il8~"
287,400 n 6,376,500
40
4
50
44
317,600 n 9,776,400
745,000
77.500.000 78,414,633 2331135000 12 X
28% 30%
12
14
41.014.300
985,700 7120,260,364 12X
14
16
4475.000
10
293,660 n 3,480,394
32
7.000.000
34
9,910,269 141,502,000 17 X
5,000.000
3,475,920 7727,288,922
1.500.000
2,495,117 7729,832,790 "25 "26% *28%
c
10
10
12
584,308 77 9,191,266
468,750

8k of Athens Tr Co.

20

1,113,898
24,732

.

12,828,326

241

4%

100

397,296

11X

N

Banco di Nap Tr Co.
B'kof Montreal Tr Oo

100

1,418,578
12,047,378
4,337,439
8,994,531
26,958.228
1,516,929

100.000
Weehawken Tr Co
400,000
Huds Tr Co Un City. 41,995,000
Woodcllff Trust Co.. d
145.000

National City Bank
Nat8afetyBk& Tr Co

sterling Nat BAT
Trade Bank & Tr Co.

100

1,425,131

82,3

4,911,856
9,158,539

New York City— Deposits N ew York Ci
are
1940.
Sur plus and p
of Feb. 1,
Dec.
for National and
1939 for
30,
of banks and trust companies in New Yo
found in our "Ra ilwav" Sec tion, pages

Bank of New York--

25

4,738,330

142,694

285,9
160,394
359,100

136,908
537,928

200,000

Bk of the Manhat Co
Bank of Yorktown..

I 50

-

20

250,000
150.000

28

10
10
25

2,605,940 I

100.000

11,616,981
15,575,650

Bank of Kingston.
Bondout Nat Bank.

65

510
100
25 h 16%
8
19

1 10

1,000,000

<32 t

2,094,836
1,155,775

150.000

100

2,150,440 f

100,000
42.750

ef Weehawken

22 X

525,000

Bank

Liberty National Bk
Guttenberg
Com-Mer Tr Un City
Gutt'b'g Bk & Tr Co

55
84

1640

Kingston—

Kingston Trust Oo_.

/

Common
1
Preferred
471.273
North A West Hu dson—
IstNat Bk of Un City d
289,283

45

50

79
100
100 1600

10

First N Bk of Rondout
Nat'l Ulster County

Nat Bronx Bank

New Brunsw TrCo—

100
100

9X

279,745

State of N Y Nat Bk

8
45

11,352,920
7,269,168
'

Peoples Nat Bk

100

7X

470,6261

100

25

10,899,231

d

75

100
331!

10

200.000

150

100

1,224,806
10,186,415
7,203,688

300,000

New Brunswick
Nat'l Bank of N J

"5X

1939

50

10

500,000

Co

50

1,251,452

Clinton Trust Co

30,

4%

54,602,588

400,000

Trust

50

3,160,342
1,563,786

Newark-

250,000
242,500
75,000

The First Nat Bank.
Nat Ohautauq Co Bk

100

50

Holly-

Union Nat Bk&TrCo
Farmers' Trust Co..

date Dec.

Z250

50 t

170,649
2,278,050
7,932,811 98,652,214
7,438,514 163,764,289

650,000

Debentures "A"__
Debentures "B"

5

Union

500.000

[3,045,374

500.000

Common

|'i;518,427

200.000
600.000

ns

100

Bank of Jamestown—

600,000
4.000,000

.....

100

banks Dec. 30,1939
185,800
3,595,100
138,041
3,516,162
135,894
3,301,600
372,500
4,385.000
264,400
9,887,700
343,400
6,338,000
6,819,746 121,630,610
7,534,431 55,633,623

Lincoln-E Side N Bk 4
200,000
Mfrs & Trad Tr Co.
5.000,000
Marine Trust Co
<8,000,000
Elmira—
Cheraunsr Can Tr Oo
800.000
Elmira Bk & TrCo—
800,000

Ithaca—
First National Bank
Tompkins Oo Tr Co
Jamestown—

4 %

Tcust Co of N J—

Common
Preferred A..
Long Branch—
Long Branch Bkg Co
Morristown—
First National Bank.
National Iron Bank.
American Trust Co..
Morristown Trust Co

9,793,889
10,225,334
8,012,383

577,447

Liberty Bk of Buffalo

"I"

100
61,698,033
3,691,604 37 X

500.000

Common

82,222
380.745

1,394,736
79,176

c

875,000
550,000
8,200,000

Buffalo—
15

40
10

Jersey City—

&

200.000

Lafayette Nat BankPeople's Nat Bank..
Brooklyn Trust Co..

2

25

6,797,752
17,369,355
3,699,246

100
100

Tru st Co. retur

National

'

National 3 tate Bank dl.286.000
Central Home Tr Co d 500.000
Elizabeth Trust Co.. d 642,456 /
Union County Tr Co dl. 114,345
floboken—
Seaboard Trust Co..
500.000

Farm

B ank &

Kings Co Trust Co..

Elizabethport BkgCo

Preferred
Hamilton Nat

Brooklyn—State

Bensonhurst Nat Bk d
Citizens Bk of Bklyn
Flatbush Nat BankKlngsboro Nat Bank

6,142,286
6,058,840

985,264
453,716

400,000
600,000
<500.000

Marine Midl'd Tr Oo

2

3

469,518
183,157

400.000
675.000

Blnghamton—
City National Bank.

Elizabeth—

Mt.

Alburn—
Nat Bank of Auburn
Auburn Trust Co

First National Bank.

Bank & Trust Oo. d 222,500
Camden Trust Co... d2.734.750

Ask

Nomi rial
Per share.

e

70

2,

security

stock,

1939.

Common and preferred stock or capital debentures outstanding.
March 29,

1939.

'

/Reserves.

h Preference B stock.
=

—

National Banks

<

Controlled

k Dec.

NFW

YORK

State^Institutions

I
n

31,

by Marine

Midland

Corp.

1938.

Last sale.

Dec.

30,

1939.

/

Nomi nal.
Per share.

Albany—
Mech & Farmers Bk.
Nat Com Bk & Tr Co

250,000
1,500,000

State Bank of Albany
2,000,000
First Trust Company dl.970,000




1,441,326
6,101,809
4,034,800
658,871

Stockholders of the Manufacturers Trust Co. of New York approved an
amendment to the certificate of incorporation on Jan. 10, 1940, reducing
the authorized capital stock from $50,935,000 to $48,955,860 through the
elimination of 44,074 shares of convertible preference and 54,883 shares of
unissued common stock from its authorized capital,

3,575,491
72,543,995
79,591,043

100

650

100

100

440
259

270

28.467,073

50

20

23

450"

0

r

Preferred stock retirement price.

AND

BAMS

108
National Banks
Dec.

State

NEW YORK

30

Capital

Surplus &
Profits

Institutions
30

National Banks

Dec.

Bid

Par

Nomi nal.
Per share.

2,800.000
2,000,000

Common

4% Conv.Preferred

J2,201.222

79,937,228 J

50

V 50

.

Central Trust Co—

874,517
400,000 I
750,000
Capital notes.
562,680
Genesee Vail Tr Co__ e2,150,000
Roch Trust & 8 D Co
1.000.000 3,103,350
Security Trust Co—
Common
300.000
200.000
Capital notes
Common

|2,526,380

16,399,853

9K

I 10
1

3,000.000
1.000.000

20

Capital notes
Schenectady—

Jl, 139,713

•

Mohawk Nat Bank—

259,332

200.000 I
253.590

Common

Preferred

750

6,158,491 /

18.322.398

1,393,173
118,064

29,915,502
5,251,932

100

Capital notes

10

10

(710

1.200,000
750.000

943,454
513,550

22,717,^04

20

30

35

10,859,355

20

21

24

1,169,079

47,161,912

6

1,000,000
1.400.000

Capital notes
Troy^-

jl,146,049
1,551,639
888,886
188,279
194,996

Manufactur Nat Bk_ el ,400.000
600.000
National City Bank.
e
Union Nat Bank
600.000

Troy Trust Co

295.500

e

31,650,365

200"'

2K

5K

8

un

12

1.000.000
990,000

Preferred
Oneida Nat Bk & Tr

600.000
160.000

Common

Preferred

25

27

4

5

10

15

j 1,939,355
j 627,919

31,125,427

.40

{2ft

.60

(760

Jefferson Co Nat Bk
Watertown Nat Bk—

116.465

399.000

e

210.000

Common

106,600

Preferred

j 178,525
567,489

500,000 1
200.000

Capital notes
-.
Westchester Oo—
Bronxville—

4erwood-Hyde

e

6.000.000

250,000
0

500,000

*

222.000

People's Bk & Sv Oo

e

Lincoln

500.000

Bank..

Nat

550.000
1,800.000
1.000.000

Prov 8 Bk & Tr Co.

Second Nat Bank...

500,000
el. 185.000

5,000.000

Trust Co

re

cent

lea

| (25

3,808,779
4,556,826

725,533
147,914
638,685

600.000

267,500

New Rochelle—
Central Nat Bank.

Preferred

12,032,667
3,283,774
6,732,475

20
100

9
175

14

First Nat & Tr Co...

350,000

The Bank of Cleve.

100
10

22

32

2,213,456

1
20

29

32

1.523,164
14,942,525

10

1

3

20

17

20

K

IK

50

100

70

170.000
30,000

24,823

100,000
500.000

500,000

4.431.840

_

Capital notes

Union Bk of Comm¬
union Sav & L Co

Preferred

250,000
1,600,000
100,000

Brunson Bk & Tr Co

Fifth Ave Sav Bk Co b

6

10

10

200,OOP

e3.000.000

6

2,293,705 12 K

2

48,949
66,498

5,193,427
2,736,144

15

3

6

1

3

Preferred

...

3,377,936
1,796.439
2,117,271

50

8

12

60

65

Ohio Citizens Tr Co.

92.000

177,981

7,594,521

100

200,000
150,000

199,178

5,452,513

3

8

5

9

14

90

100

96

99

100

220

260

20

9

5

6K

5,712,032

384,448

11,315,514 146,178,458
1

10K

16

024

60
20

29 K

31K

100

87

95

100

68

100

12

100

31,914
1,955,009
163,547
154,845
2,601,723
261,755
110,964
3,489,834

-

3,212 ,608
32,563 ,853 ~"io
100
1,898 ,198
2,851 ,254 100
100
60,259 ,179
100
4,238 ,390
100
1,620 ,147
74,397 ,607 b 20

*18
1

t

""26"
~

—

m

185

175
62
•»

-»

mm

70
mm

25

823,233

38,010.417

25
,

23

25

*23"

28

'28"

580.000

1,086,565

15,197,465

20

350,000

666,526

5,984,545

25

24

28

First National Bank
in Yonkers
Yonkers Nat Bank &

300.000

898.635

9,352,782

10

18

(100

8,940,167

700.000

m

m

m

m

92

\ 60

Ctfs

of

18,536.057

2,804,617
331,876
14,468,232
833,070
3,036,097 103,618,260

20

34

36

50

52

54

899,145

50

«

mmmm

37
m

mmmm

| 746,881
619,635

2,548,367

OK

16,110,856

{ 50

15,196,383
21,303,978

*25
100

130

7,090,823

25

12

9

150"

Beneficial

Ownership Trust
Fund C-2

23

197 828

750.000

_

25

5

6

1.212,500

Capital notes...

10 h

mm

t

t
34

33i.

City Tr & Sav Bk—

Oo—

306,465

600.000

?

Ooramon
1,250,000
1,500.000
Capital notes
Mahoning Nat Bank el,586,000
Union Nat Bank...
1,250,000

Common.

150.000

m

"29"

YoungBtown—

22

.

97

(100

□ ellar Sav & Tr Oo-^-

Yonkers—

Preferred

150

86

7.741,207

5,000.000

Toledo Trust Co

Central Nat Bank

Common.....

155

130

17,171,762

1.000.000
300,000

Commerce-Guard Bk
8pitzer-R T & S Bk.

100

White Plains—

County Trust Oo

145

100

T oledo—

200,000

Preferred,

100
100
10

Winters N B & Tr Co

15.868
108,584
99,350

190.000

Peoples N B & T Oo:
Common

31

1,500.000
750.000

Common

10

452,578

Bank

29

768,932

Third N B & Tr Co..

44,917

404.170
176,250

Rye—
Rye National Bank..
Rye Trust Co
Tarrytown N B&TrOo

10

357,928

Preferred

N.
_

60—

100

200,000
235.000
750.000

Common

300.000

Mutual Trust Oo.

102
245

Merch N B & T Co—

50

Pleasantville—
e

95
225

50 —50

Dayton—

Westches Oo Nat:
Common

100
100

5,794,128
220,638
11,225,782
1,356,730
2177352 —2-,456t874
3,396,888
360,221
3,505,284 49,701.417
18,535,555
1,080,101
8,373,723
661,803
11,426,832
347,739
2,418,610 78,095,309

—

Columbus—

200.000
100.000
Ohio National Bk-_- 54.000.000

50

"

Preferred

152

13,800,000 15,875,930 368,129,231
13,492,000
e5.000.000 3.025.984 33,195,988
3,089,059
321,075
900.000

190.000

e

Northern Sav Bk—.

50

1,702,816

10

148

70

Market Exch Bk Co.

Common

8

100

100

400,000

477.000
9.000,000

e

Huntington Nat Bk.

Peeks kill NB&TCo

95

10

"46"

City 1N at Bk& Tr Co
Columbus Saving Bk

20

1,770,639
2.631,189

85

100

100

100,000

Cleveland jTr us t Co
Common

IK

270

100

2,411,320
601.226
7.308,387
755,570
5,457,516
146,953
5,158,514 183,968,402
774,933
53,064
1,435,437
80,990

Bank.

120

Peekskill—

Mt Pleas Bk & Tr Oo

Street

Lorain

100

IK

145

100

Oo—

5.000.000
7,680,000
250.000

...

100

4,718,705

234,095
157,022

200.000

Ossinlng Trust Co...

10,184,188
3,062.6o0
1,629,543
91,766,700
1,335,139

251,991
155,605
7.473,126
275,768

60

'

National City Bank.
North Amer Bk Oo.

33,065
518.565

el ,600.006
0

1,422,314

300.000

e

Common

100.564
354.958

115,000
300.000
643.916

First NatPrnk

100
50

Central Nat Bank—

Vernon—

First National Bank.

2,524,217
19,585,817
4,075,475
11,956,484

Cleveland—
Amer Sav's Bank...

Equity Sav & L'n Co

Fleetwood Bk (The).

323,011
1,233,604
211,172
812,310

les

100

5,000,000 14,315,303 115,414,171
1,700,000

...

Capital debentures

o

16,616,637

!

Pars

Bk & Tr Co.

Common

N
sa

146,147
261,446

200,000
350,000

Mt. Vernon Tr Co.— e3.000.000

Trust

400,000
200.000
183.350

e

Clev Sav & Loan Oo.

Gramatan Nat Bk &
Tr Co..
Bronxville Tr Co

Port Chester—1st
Bk & Tr Oo

CincinnatiAtlas Nat Bank...
Oinn Bk & Tr Co..
Columbia Bk & S Oo

Ftfth-Third-U nion Tr ust

4,389,809 I 35
\ 40
10,486,976

500.000

Central

Northern N Y Tr Co
Common-

Geo. D. Harter Bank

Western Bk & Tr Oo

20

4,932,917

First Tr & Sav Bk._

300,000
985.000
445,825

9# Ohio S Bk & Tr Oo

10,954,941 / 20
I 25

966,005

o

re cent

Canton—

Dime Savings BankFirst National Bank.

Sforthslde Bk & Tr Co

Water town—

Ossinina—

200,000
200,000

Guardian Bk & S Co.

21,660,588 i 25
25
12,736,727
6,201,342 162
50
4,019,114

N

5

sa

Irst National Bank.

Dtica—

First Citizens Bk & T

Huguehot Tr Co..
New Rochelle Tr..

100.000

Goodyear State Bk__
Firestone Pk Tr&S B

100

100

share.

100

e4,691,844

Common

Citizens

Per

484,685

300,000
750.000

Common

30

First-Central Tr. Co. el .050,000

| <30

r

I

Syracuse Trust Co.

Institutions

Dec.

200.000
480.000

Capital debentures

Lincoln Nat B & TCo
Merch Nat B & T Co
First Trust & Dep Co

les

Nomi nal.

Common

Schenectady Tr Co..
Syracuse —

cent

sa

AkronDime Savings Bk Co
Common

100

Citizens Trust Co—

re

25

950

7,690,591
7,416,615
16,291,406

400.000

0

100
n

State

OHIO

30

Dec.

333,426
508,654
1,457,129

Union National Bank

Mount

National Banks

";r 'IF

J100

45,297,450

n

N

100

11K

Union Trust Co:
Common

e

share.

100

2,503,808
1,873,540
7,064,608
3,903,235

165,468
116,163
218,168
225,743

175,000
50,000
500,000
150,000

Per

$

S

$

Fargo—

prices

10

25

16,698,206
33,232,253

34,928,964

Ask

Bid

Par

Deposits

Nom.

Dakota Nat Bank..
Fargo National Bk-First Nat Bk & Tr Co
Merch Nat Bk&TrOo

33K

20

30

Dec.

Gross

Surplus
Profits

Capital

Ask

Lincoln-Allia Bk&Tr

National Banks

NORTH DAKOTA

30

Dec.

Gross

Deposits

%

Rochester—

COMPARES

TRUST

20

j

National Banks

j

Dec. 30

OKLAHOMA

Stale

Institutions

Dec.

30
nal.
share.

Guthrie—
100.000
75.000

209,413
116,998

2,474,982
1,226,218

Nat Bk of McAlester

100,000

First Nat Bk of McA

100.000

284,132
311,640

3,405,404
2,811,742

183,167
429,217
430,223

3,133,442
3,764,406
4,941,753

First National Bank.
First

State

Bank...

MoAlester—■
Nomi nal.
Per share,

Ashevllle—
•200.000

204,407

4,006,610

20

500,000
300,000
1,200.000

514,529

14.133,859
7,663,319
83,370,999

100

205^

100

270

100

300

1,626,873
13,285,090
2,252,207
7,392,278
2,206,159
1,016,514

100

55

25

72

5,127(583
14,868,116

10

First Nat Bk & Tr_.

20

Muskogee—

Oharlotte—

Commercial Nat Bk.

Union Nat Bank
American Trust Co..
Durham—

Citisena'

Nat

Bank-

e

Fidelity Bank
Depositors Natl Bk.

e

2,876,090
69,402

150,000
500,000

1,172,452
183,958
439,190
115,453

200,000
300,000
100,000

Durham Bk & Tr Co
Home Savings Bank

Mech & Farmers BkGreensboro—
Guilford Nat Bank

619,112

214.000

48,198

200,000
800,000

e

258,555

20

19

Citizens National Bk

25

30

200.000

5.000.000

60.000

2,000.000

3,148,671

55,228,223

125,000
175,000
350,000

j 357,960

500.000

Stock Yards Bank

451,829

10

15

16

Fourth Nat Bank—
Common.;

se

780,000

1,714,261

20,886,457

25

72

75

Preferred
Nat Bk of Oom'erce.

Wilm Sav & Ti Oo
Wilson—

20,419,
1,572,
15,461,
1,197,

100.000

Oklahoma Nat Bank.
Tradesmen's Nat Bk

First Nat Bk & Tr Oo

Raleigh—

Wilmington People's Sav Bk & Tr

6,300,
56.149,
6,620,

339,739
4,107,124
308,552
1,083,671
46,984
448,953
20,642

590,000
Fidelity Nat BankLiberty Nat Bank.. el,200,000

Tulsa—

Security Nat Bank—
First Citizens Bk&Tr

300.000

First Nat Bk & Tr Oo

80
21K

"46" '45"
25

400,000

Oklahoma CityCity Nat'l Bk&Tr Oo

100
25

100.000

Commercial Nat Bk.
First Nat Bk & Tr Co

6,994,785

104,827

4,707.700

2,700.000 13,256,983
800.000
17,318
25.000

64,433,955

e

Nat Bank of Tulsa—
e

180,173
749,027

150,000
300.000

3,222,613
7,223,494

25

30

35

10

30

35

Common
Preferred
West Tulsa State Bk

364,948

Branch Bkg & Tr Co
Common

Preferred

Nat Bk of Wilson

Winston-Salem—
First National Bank.
Wachovia Bk &Tr_.




[100

|1,428.258

22,722,535

100.000 /

235,253

2,636,559

200,000

141,234

4,523,566
3,339,116 101,120,503

250

25
10

400,000

100,000

1160

275

(7160

b Member of the BancOhio Corp.
e

Common and preferred stock or

/Oct. 2,
e4.275.000

100

1939.

i Controlled

145

147

n

by

t Toledo banks on a price range basis.

debentures outstanding.

Retirement price,
h In liquidation.
Marine Midland Corp.
k March 29, 1939.
0

Member First Bank

Stock Corp.

s

Branch of Smithfield, N. O,

Feb., 1940]
National Banks
Dec. 30

OREGON

Institutions
30

State

Nittonaimnu

Dec.

Eugene—

$
200,000

3,000,000
300,000
4,500,000

Portland Tr A Sav Bk
United States Nat Bk

100

160
55

20

38

60
40

Nat Bank of America

Common
Preferred

141,625 I
100,000
200.000
700,000

Merchants Nat'l Bk.
Second

Nat

share

Per

1.000,000
1.000,000
450.000
500.000

Bank..

Lehigh Vail Trust Oo

1,963,453
2,159,636
1,371,668
933,433

14,342,549
9,562,387
5,920,709
7,866,954

155

100
25

140

10

20

23

100

90

105

41*

38

Altoona—
First Nat Bank—
Common

150,000
290.000

6,844,348 1100
U00

250,000
263,390
249,300

480,381

4,614,237

290,917

3,073,857

200,000
,160.000
50.000
,273,000
300,000

157,278
832,655
42,919
387,381
312,813

1,282,587
15,325,447
716,814
7,803,825
4,300,227

300,000
729,100

330,692

14,900,163 I

200.000

Preferred
Altoona Trust oo—
Common.
Preferred
Central Trust Co

328,327

101,791

1,698,937

100

105

12

14

98"

loo"

Colonial Trust Co... d3,672,900
Oom'wealth Trust Oo
1.500.000
Dormont<8 a t Oo.
125,000
Farmers Deposit Tr. cl,320.000
Fidelity Trust Co
2.000.000
Manchester
Savings

_

Preferred
Union Bank "(The)..

10

100

10

100
100

66*3
15

Dauphin Dep Tr Co.
Harrlsburg Trust Co

154,154
464,384
836,523
924,923
33,297
1,404,699

400.000

1,453,393

Market St Trust Co.

225,000

76,199

Citizens Trust Co

Lancaster—
Cones toga Nat Bk..

400,000
600,000
600,000

Fulton Nat Bank
Lancaster Oo Nat Bk
Farmers' BkATr Oo
Common
Preferred
Northern Bk a Tr Oo

10

4

10
25

80

-

-

-

-

-

14

Providence

41

10

68

50

15*

•

.

«

-

160

20

50

148
z102

7,044,737

10
10

I

5

229,715

Northw'n Nat bk—
Common

302,500 1
197,500

Preferred

10

.154,862

264,818
500.000

Preferred

650.000

South Phila Nat BkOommon

Tradesmen'sn ational
Bank a Trust Co.

Wyoming Bk a Tr_.
Broad Street Trust..
Chestnut Hill t a Tr
Citizens & So b a Tr

635,767

}

d

German town Tr Oo.
Girard Trust Co
Industrial Trust Co

Integrity Trust co—

60

995,973
2,000,000
3.000.000

2d preferred
Land Title Bk a TOo
Common

150,391
87,476

357

"26" "28"
326

316

10

52*

r

10

4*

i

io

54*

r 25

3,266,239
,

2,355,000

50

8,061,062

67

70

13

15
a25

25
20

108"

110

25

25

.

11.382.646
7,074,705
20.534.647
13,719,394
7,950,585

100

37&
50
100
100
100
10
10

8

8,400,000 16,945,32,7 276,000,539
750,000
1,183,281
662,462
3,200,000 12,783,686 55,692,606
1.500,000 2,504,640 10,766,481
300.000
336,708
3,889,090
125,000 g
40,584
997,993

Security Bk a Tr Co.
Sonsitaly Bk a Tr Co

25

Arsenal Bank
Bank of Ohio Valley.
Braddock Nat Bank.
Dollar Savings Bank

Farmers Deposit Nat
First National Bank.
First Nat Bank a Tr

Co of East Pitts..
Forbes National Bk.
Fourteenth St Bank.
Freehold Bank
Hazelwood Bk (The)
Hill Top Bank
Homewood Bank

231,183
3,288,083
262,567
1,497,872
103,091
788,191
938,246 11,222,077
5,412,435 55,684,263
6,000,000 11,199,870 107,334,400
6.000.000 7,098,380 113,369,195

300,000
i

500,000
282,750
200,000
200,000
200,000

441,241
564,309
465,368
900,000
178,864
467,508

5,836,272
9,066,981
3,282,165
819,857
1,452,120
2,459,164

122
14

5

50

Pittsburgh

100.000
200.0001

86,092
376,702

4,507,433




1,725,766

1

1

1

t

1 1

•

1

1

•

Bank

Williamsport n Bk_.
West Branch Bk a Tr
YorkCent Nat Bk a Tr Co
Common

10

6205"

75
*

100

4,904,331
16,964,816
3,087,398

25
25
25

188,020

1,990,853

25
25

1,326,314
138,210
6,068,090
2,563,858

9,804,186
1,394,390
23,936,848
15,330,854
4,339,001
7,735,129

100

120

40

45

130
50

50
100

81
200

210

25

17

18

50

50

55

10
20

275h

10

19

6.05

*

5
7.50
10 * 11.50
10 *17.30

25

28

25*
24*

18

63

26
68

21

50
15

23

10
36

75

'

750.000

310,090
683,539

250,000
250.000
225.000

York Co Nat Bank..
York n Bk a Tr Oo.
Guardian Trust Co..

vfio.ftoo

Eastern Nat BankFirst National Bank.
Indus nb West yk.
Western Nat Bank..

Dec.

"4l"

45

42

44

57

60

1*

84

234,426
375,166
408,630

206,299

2,509,426

367,875

■

2,576,608

3,359,219
764,892
8,328,896
1,691,841
5,547,422
6,746,012
5,273,031
4,414,406
8,253,258

5,132,358
5,624,354

f

10

1,359,604

6%

7*

5

i

32,775
665,377
208,201
518,647
933,238
552,693
788,146

10
30
20

10
100
10
10
100
20
25
25
10

IF
15

lis

70
16
17
193

55*

57*

35 *

37
55
17

53*

30

39

17*
3

"4l~~

1!"
4

3*

3*

10

"33"

50

30

50

24

10

3

4

100

533

543

60

88

100

60
10
50

RHODE ISLAND

V<£!'so
Nomi nal.
Per share.

lquidneck Nat Bank
Common

Preferred

8

12

145

59

10
100

1

33

768,134
959,927
567,636

400.000
1,000,000
250.000

250,000
190,000
150.000
100,000
500.000
125,000
225.000
300,000
500.000
500.000

Preferred
Drov a Mech n Bk.

17

"248" 255"

10

{

•

30

50

Newport—
127

6*
10

10

26

32*

Newport Nat Bank..
Newport Trust Co..
Providence—
Blackstone Can NatColumbus Nat Bank:
Common
Preferred

High St Bk A Tr Oo

33

500.000

109.250 1
90,750
120,000

344,873

6,275,673

73,553
474,189

510,497
3,052,953

60
100

150

1,166,543

5,171,156

25

79

91,448

2,155,615

(io

232,979

1,723,557

J25

32

125

a25

81
11

alO

110

50

120

Mechanics Nat Bank
Preferred
NatBank of OomATr
Phenlx Nat Bank
Providence Nat Bank
Industrial Trust Co.
Lincoln Trust Oo
Rhode I Hos Nat Bk.
Rhode laid Hos TrOo
Onion Trust Co..

Woonsocket—
Woonsocket Trust Co d

38

296
27

400,000 1
185,000
120,000
300.000

302

350.000 1
221,579
5,126,418 / 25
150.000
\25
850.000
850,393
50
9,261,639
450.000
50
913,023
4,112,093
1.500.000 2,463,474
100
14,551,253
4.000,000 10,373,032 121,084,544 100
125.000
200,082
25
2,043,275
2.500.000 3,049,762 57,904,017 *100
5,000,000 12,018,295 42,189,469 1000
1.000.000
1,387,195 24,551,872 100

442,500

287,285

3,502,623

15

20

"70"

"75"
130

120
295

305
190

180
34

2250"

2350

135

1100

100

33*

4*

muonaimnX,

28

SOUTH DAKOTA5"'"';/"3'"!)"'"'''

5*
Nomi nal.

50
60

2

100

100

40

%

175

Northw'tSecurNatBk d
Union Savings Bank.
*

100

175

100
25

95
5

50
10
50

65

50
100

20
105

185

5

50

Preferred

385.000
250,000
800.000
150,000 g

241,365
222,686
208,577
52,003

100
6,013,594
3,661,352 plOO
11,227,898 flOO
1,350,864 100

N

share.
0

re

cent

sa

les

Sale price.

«

175"

100

Per

First Nat'l Bk A Tr. d
Nat Bk of So Dak—-

25

10

at

Iron a Glass Dol Sav

1

100
100
80
100 5900
100
102
10
5

Sioux Falls-

200,000
100.000
200,000
500.000

*

WilUamiport—
First National

10

Pittsburgh—
Allegheny Valley Bk.

■

"82"

.....

on

Lives a Grant Ann
Penn w'h'gASDOo
Provident Trust
Real Est Tr Co..

100

50

Hanover National Bk d
200,000
Miners Nat Bank
2.500.000
Second Nat Bank...
1,000,000
w-b Dep a Sav Bk.
500.000
Wyoming Nat Bank.
500.000

"4*

34,978,595

32,772,871

93

Wilkes-Barre—
First National Bank

National Bai

3,964,739 i 20
i 30

2,738,230

1

59

10

110

3,750,000 [5,971,207
7,275,000
Liberty Title a Tr Oo 1,000,000 1,248,438
Mitten Bk a Tr Co
1,500,000
631,335
Ninth Bank a Tr Co d2.210,000
591,087
Northern Trust Co..
500,000 3,205,071
Nor Phila Trust Oo.
500,000
1,372,520

75
88

2,737,769

fork Trust Co

5*
.....

10

50

1

COl Oil

194,728

I

150,000
180.375

Common..

<71,164,331

Preferred

Penn Oo for Insur

39

352

100

2,327,892
4,190,297

Common

45*

100

2,312,409

3,300,000
5,108,867 50,814 ,128
d
300,000
113,396
3,134 ,056
400.000
498,441
2,139 ,155
250,000
110,875
1,651 ,159
125,000 Q
17,157
597 ,164
6.700.000 15,414,533 129,072 ,640
2,320,000 8,974,423
1,683 ,691
6uu,u0u
1,677,305 11,786 ,969
1,400,000 2,309,361 22,268 ,077
4,000.000 10,392,841 122,616 ,202
dl,132,250
948,718
11,824 ,975

Common
1st preferred

44*

100

.

Fidelity-Phila Tr Oo
Finance Oo of Pa
Frankford Trust Co.

21

50

COl Ol

1

50

Penna Trust oo—

10

200,000 I
85,000
400.336

Preferred

Tioga Nat Bk a TrOo

121,967

e

35*

20

20

Philadelphia Nat Bk 14,000,000 28,290,771 564,345,441
Roosevelt Bank..... d
Second Nat Bank—
Common

34*

50

9,825,962 125,160,910
4,998,469
95,867,796
2,994,403
10,245,749
38,486,674
15,146,413

1

50

75,000

Preferred

10

4,550.000

*

1,355,282
62,238,242
1,600,081
3,242,754
952,360

200.000

South Side Bk a Tr.
Third Nat bat CoWest Side Bank

115

1,868,348

Bank... d

Common
Preferred

-

16

20

Erie National Bank. d
450.000
137,807
First National Bank. r3.111,000
6,634,026
Qlmbel Bros Bk a Tr
200,000 g
90,197
Kensington Nat Bk. dl,129,766
341,889
Market St Nat Bk..
1,000,000 4,576,826
NatBkofGer ATr Co
400.000 2,216,810
Nat'l Bk of Olney—
Common
105.000
93,844
Preferred
95,000
North Broad Nat'l Bk
250,000
231,491
Northeast Nat Bank
200,000

1

30

208,585
5,907,504
158,350
300,000 l
326,680
300.000
55,895

200,000

4,950.000
200,000

Scranton Nat bk—

Philadelphia—

Corn Exch Nat Bank
a Trust Oo

"120"

8,073,240
22,208,078
4,358,353
19,112,395

300.000

Green Ridge Bank..
North Scrant Bk a Tr

9

25

65,880,014
10,117,292

100
100
50
100
100
100

"
1

688,879
1,493,089
494,323
2,328,081

1,800,000

68

37

10,971,704
11,487,540
9,040,352

7,201,308
322,536

1,090.000

1.170.300

50
50

244,503

Oentral-Penn Nat Bk 3,040,000
City National Bank- dl,100,700

50

25

e Scranton State Bk
First National Bank-

7
14

12*

483,268

I

.

76

32
5
85

Berks Co Trust Co.:

942,441
1,137,179
752,218

300,000
88,820
300,000

50

50

City Bank ATr CoReading Trust Co..
8oranton—

a 50

50

3,029,508
5,154,449
7,096,251
5,039,915
1,156,504
15,275,805
12,605,501
1,299,021

a25

—

20

Reading—
National Bank

50

396,510
300,000
300.000
400,000
125,000
400,000

_

Harris burg Nat Bank
Central Trust Oo

400,748

-

15
73
25

50

Oo

Union

50

Harriaburg—
Allison-East End Tr

Capital Bk a Tr Go.

250,000

27

20
m.

2,666,205

Security-Peoples TrOommon

25
40

1,827,979
12,397,003
1,098,525
1,342,549
39,342,337
36,428,939
4,061,185
5,932,359
31,302,043
20,985,993
2,726,815
202,273
29,141,777

6.000,000 11,661,213 104,250,378
Potter Title a Tr Oo d
875,000
410,819
8,010,704
Provident Trust Co.
150.000
255,473
2,320,358
South Hills Trust Co
125.000
393,692
1,836,752
Union Trust Oo
1.500.000 98,352,199 277,159,158
Washington Tr Co
500.000
1,372,659
6,531,678
West End Bank
200.000
191.698
1,916,025
William Ponn Tr Oo. d
175.000
120,000
2,172,000
Worklngman's Savgs
Bank a Trust Oo.
400,000
1,266,413
10,045,124

Tr

ErieBank of Erie
First National Bank.
Lawrence Park n Bk
Marine Nat Bank..
Nat Bk & Trust Oo.

a50

People's-Plttsburgh

f 10
i

700,000

Bank a Trust Oo.

1,986,308 f

share.

50

25

200.000
50,000

Allegheny Trust Co.

68,639

171,721
748,452
124,227
170,536
4,151,283
5,896,755
478,752
920.697
2,081,775
2,594,363
128,853
(71,181,269
11,165,013

Sheraden Bank
Union National Bank
2.000.000
Union Savings Bank.
1.000.000
Western sad Bank d
492,500

Nomi nal.
Allentown—

Ask

Per

300,000 I
299,009
4,811,309 / 50
75,000
\ 50
7,500,000 19,018,680 361,713,665
100

Nor Side Deposit Bk
Pitt National Bank.
Pollthanla State Bk.

Allentown Nat Bank

Bid

Par

Nomi nal.

Preferred
Mellon Nat Bank

170

100

6,119,704 113,124,642
481,664
4,995,812
6,286,565 133,190,344

Deposits

(Concluded.)
Keystone Nat bk—

100

8,443,416

Cross

Profits

Pittsburgh

Common
Portland—
First National Bank-

PENNSYLVANIA stVTns
Capital

share.

Per

S.

$

440,539

109

Surplus &
Ask

Bid

Par

Deposits

Nomi nal.

First National Bank-

COMPANIES

Cross

Surplus &
Profits

Capital

TRUST

AND

BANKS

stock

retirement

price,

b A mutual savings bank.
c In process of liquidation.
a Common and preferred stock or debentures outstanding.
e Dec. 31.1938.
/ Member of Northwest Bancorporation.
g Oct. 2, 1939.
k Stock all owned by Rhode Island Hospital Trust Co.
I Lasi sale.
o New stock,
p Affiliate of the First Bank Stock Corp.
r On Jan. 13, 1940 the savings, Christmas club and tax accounts of the
Integrity Trust Co. of Philadelphia, Pa., were taken over by the Western
Savings Fund Society of that city and the remainder of the deposit liabilities
were

assumed by the First National Bank, also of Philadelphia, Pa.

AND

BANKS

no

TRUST

COMPANIES
National Banks

mTec!so"*' SOUTH CAROLINAsta" ggy"
Surplus &
Profits

Capital

Gross

Par

Deposits

714,090
303,831
44,193

s

700,000

Carolina Sav Bank..

200,000 d
50.000

Miners A Merch Bk.
South Caro Nat Bk—

40,852,988

Per

17K

100

125

105

120

13H

/100

UH

165.210
268,534

6,084,025
1,537,226

250,000
200,000

592,131
567,162

7,151,309
5,120,091

20

59

62

10

30

32^

200,000

74,796

3,227,999

20

Columbia—
Lower Main St Bank
Qreenvllle—
First National Bank.

Peoples Nat Bank—

Spartanburg—
Com'l Nat Bank

350,000 1

Common....

100

National Bank ofFort
Sam Houston

TENNESSEE

100

86,225
88,890

1,899,321
3,915,888

100

300.000

397,844

4,505,715

BankNational City Bank.

Flrst National

337,424
532,699
95,703

9,157,946
11,086,820
1,057,858

Uommercial Nat Bk:

100.000

100

250

275

1,616,528
67,552
138,038
1,647,055
649,748

1,464,352 100
3,227,187 6.25
26,002,375 100
10
14,276,551

506,984

Knoxvllle—
Bank of Knoxville—

Uomm'l Bk & Tr Oo.

<

HamtltonNationalBk <
Park National Bank.

900,000
1.000,000

Memphis—

100

190

50

84

200
90
80

100

Institutions

State

UTAH

30

Dec.

Per

Ogden—

50.000
200,000

275.000

50

Nomi nal.

30

<2,500,000

375,000 1

Preferred
Hamilton Nat Bank.

11,557,248

mm mmm

25

165
10,619,030 (100 150
1100
47,417,837 100 "l50"" 165""

Common

185

100

State Institutions

Dec.

102
elOO
250

100 t

250,000
500.000

Oltlsens' Nat Bank..

Nomi nal.
Per share.

1,205,648

750.000

"266""

26,071,958

Waco—

Chattanooga—
Tr & Bkg Oo_.

96

5,975,304 flOO

400,000

Common

25

$

..

127,891

100.000

Bk <
South Texas Nat BkSan Antonio Nat

10

Nomi nal.,
Per share

1,258,519

National Banks
Dec. 30

National Banks
Dec. 30

Ask

Bid

Par

1100

110,000
<1.000,000

Preferred

jl,128,532

1100

$

San Antonio (Con cl.) %
Groos Nat Bank—

Nat Bank ol Oomm.

200.000
35,000

_

First Nat Bk of Ooi.

Amer

share.

16^

1,100.000
1,100,000

Common

Preferred

%
20,686,433 (7100
100
6,377,030
487,336 100

Gross

Deposits

Ask

Nomi nal.
$

$

Charleston—
Oltiz. A Sou Nat'l Bk g

Surplus &
Profits

Capital

Bid

State Institutions
Dec. 30

TEXAS

30

Dec.

160

175

9H
245

10
250

First National Bank.
Nat Bk of Commerce

1,200,000
1,000,000

58,983,732
38,858,767
1,404,268

300
295

305

100

210

3.500.000

5,199,675

77,957,817

10

30

7,343,239
19,966,598

100

<
i

900.000

516,408

13,516,397

3,100,000

5,192,549
1,028,606
824,082
1,189,565
269,217

71,243,588
18,230,772
16,221,502
14,677,727
3,319,768

<
<

750.000
750,000

1,000,000
300.000

1.500,000
200,000

J 878,137

n hare.

100

30,986,059

100

68

10 h
100

75

21
200

225

22

175
190
130

100
100

J100

200

125

100

135

31

182^
140

230

Bank & Trust Co.
Nashville-

171,367
1,471,184

500.000
950.000

Capital notes

310

100

Bank.
Union Planters' Nat 1

2,258,810
2,270,363
93,637

100

50,000

<

Common

15

14H

Dommerclal Sec Bk.
First Security Bk NA
Salt Lake City—
CintlNat m&Tr Co
First Security Corp.
of Ogden
first National Bank
Utah State Nat Bank
Sion's Sav 8k & TrUtah Sav A; Trust Co
Walker Bk A Tr Co:

State Savings

National Banks

Common

Preferred

Broadway Nat Bank
Commerce-Union Bk
Nashville Trust Co—

500.000 1

Common

Preferred—
Third National Bank

1,133.300
1.000,000

785,933
1,570,300

61,438,222

15**

21

(100

10

TEXAS

105

110

245

255

istln Nat Bank—

300.000

541,400
842,353

570.750

I

Bank—
Capital stock
Preferred stock—

163,818

400,000
400,000
200,000

642,696
927,051
62,372

16,471

2,549,765

100

150,000
172,800
100,000
614.951

214,032
111,258
224,290

3,015,487 f 100
UOO
20
2,293,741
100
1,284,765

150,000
100.000

295,166
147,071

2,814,229
1,098,866

100

N

100,000

137,828

sa

125,000
207.500

166,921

3,044,687 (100
UOO
2,158,394 100

<1.085.061

Preferred

491.500
600.000
150.000

...

...

Montpelier Nat Bank

30

100

Montp'r SB&Tr Co
Rutland—
OlementNat Bank—

100

<

Bank

Killington Nat
Common

—

Preferred

3,974,174 J100

Uoo

*100

Rutland Trust Co—

75

100

100

N

o

40

re

cent

100

sa

les

100

25

30

10
o

re cent

Bk:

Rutland Oe Nat

inltal Nat

125.000
75.000

407.500

share.

100

<

_

State Institutions

14,001,420
18,473,363

6,807,062
6,568,229
888,134
3,336,932

204.600

Montpelier—
<
Capital S B A Tr Co
First National Bank:

Nomina I..
Per share

Austin—
nerican Nat Bank,

678,649
516,427
82,362
449,528

200.000

Jhlttenden Co Trust

(6)

10,207,543 J100
\100
28,498,154 100

Dec.

100
100

9o wardN atBKATrOo
Merchants Nat Bank
Burlington Trust Co.

Common

National Banks
Dec. 30

3,861,464
2,816,229
2,028,280

Burlington—

20

5,483,209
21,978,018

592,979
293,606
171,195

110.000

Tr Co
People's Nat Bank..
Jnarry S Bk 3c Tr Co

16

19

/ 10

30

Per
_

_

iranite S B A

3.000.000 11,573,472
3,250.000
522,427
300.000
958,238
1.000.000

Dec.

Nomi nal.

Barre—

Bank

American Nat

State Institutions

VERMONT

30

Dec.

<

les

Beaumont—

Bank,

nerican Nat
rst
cur

National Bank,
St Bk A; Trust

I

12,456,979
13,852,862
2,426,668

N

100

National Banks
Dec. 30

rec ent

100

100

sa

State

VIRGINIA

Institutions

Dec.

30

les

Nominal.

Dallas—

Bank—

1.000.000

hank,

5.000,000

Bank,
berty State Bank—
ercantile Nat Bk—

50.000

illas Nat

rst National

llcrest State

Common....—>-

Preferred

ipubllcNat Bank..

250,000
1,200.000
800.000
4,000,000

Bank of Comra¬

1,269,308

4,451,384

150.000

de Cliff Bk & Tr Co.

940,205 26,158,216
7,122,602 128,981,420
63,960
2,088,069
228,848
7,287,459

200,000

&t

jxas

400,803
99,688

20

44

x

46

48

20

20

37,926,065 I 20
U00
20
89,215.857
100
7,066,040
20
2,643,489

First National Bank.

""49"" ~52"
42

43
1

1

"bin

_

"42

Bank & Tr Co:

Common.

125,000
50,000

.......

Capital notes..

| 102,573

2.769,308

32K

^ 20

35

easo

585,268
1,600,048

13,100,454
24,309,612

100

750,000 d 506,419
1.500,000 1,115,205

17,803,844
40,819,388

60

1,500,000 ,2,791,958
500,000
15,420 :
9,532
i
215,000
79,709

50,909,835

20

390,249
1,236,776

100

300,000
300.000

Nat Bank..

ate National

Bank

Fort Worth—
mtinental Nat Bk.
rst National
Bank
i Worth Nat Bank:

Common

Preferred
'aternal Bk & i'r Co
nlon Bank & Tr Co
Galveston—

National Bank.
National Bank.
utchlngs-Sealy

200,000
200,000

National Bank

750,000
500,000

Ity

rst

8

..

National Bank-

453,428
404,835
445,844
859,921

*500

100

70

n

72

44

20

47

46

48

20

100

10,806,395
12,261,592

Ilo"

100

i§6""

100

5,055,97J.

Bank.

o

cent

sa

les

50

250,000

Common

Preferred — -—
rst Nat BankCommon.-

—

Preferred.. —
Nat Bk— o

307,672

7,331,656

100

190

600,000
1
100.000

i

National Bank:

ity

467,431

18,942,840

20

47

3.000.000
1,500,000

Y

,953,448

50

20

60,348,516 flOO

Oom'l Tr & Savs Bk:
Lynchburg Tr A; 8 B.

100

600,000
500,000

469,208
383,195

4,727,450
4,430,447

60

1130

100

1155

122,000
300,000

87,865
94,038
468,998

253,218
622,776
3,199,613

100

250,000
2,500,000
1,500.000
150.000

485,614
956,664
1,080,215
131,630

3,835.731
36,357,329
18,961,487
2,315,229

100

240

100
25

120
122 ^
37 H

10

14 H

if*

200,000
276,000

179,640
95,641

2,717,397
2,847,692

10

10

10^

10

10

490,000
250.000
440,000

224,559
83,437

6,083,717
1,213,038
2,925,936

600,000
1,000,000

1,053,854
1,213,240

<

100.000
•

Norfolk—
Merch & Planters Bk
Nat Bk of Commerce

PetersburgCitizens Nat Bank.
Petersb Sav A AmTr

<
<

Trust Oo__
Merch A Farmers Bk <

207,418

1160

5

if*

5

Portsmouth—
American Nat Bank.
Oltlsens

190

«I6o"

U00

Bank of Oomm A Tr

Central National Bk.
C01180I Bk & Tr Co—
First A Mer Nat Bk.

N
re

Houston—
Itlsens State

8,494,282

1355

Mech A Mer Bank..

State-Plant

80.000 k

3.000,000
200,000

66,095
3,659,959
130,000

N

o

re

cent

100

sa

les

50

20

40

42^

20

12,399,307
23,030,356
802,526
79,277,217
2,382,000

35

37

10

3H

1,250,000 11,363,550
1.600,000
Preferred—
405,096
200,000
Sav Bank A Tr Co..
262,836
200,000
Southern Bk & Tr Co
882,363
900,000
Virginia Trust Co... <
Roanoke—
419,291
500,000
Oolonlal-Amer Nat B
1.000,000 1,736,235
First Nat Exch Bank
800.000
382,367
Mountain Trust Bk.

"52""

20

50

20

28

30

56,848,439 flJ'a

18

19

Bk&Tr:

Common..

250

100

Riohmond—

10

15,640,465

490,606

Bank

People's Nat Bank..
Deposltors Industrial

share.

1.000.000

Seaboard Oltz N Bk.
Southn Bk of Norfolk

El Paso—
.

Lynchburg Nat
& Trust Co

Loan Bank

no ICO

215
40

Per

Lynchburg—

49

100

1100

"76"" "85""

3.659,503
5,073,537
5.949.891

25

5,987,387
28,726,233
5,433,703

50

75

100

235

100

05

15

30

27

50

77

85

ouston

Common

Preferred
icond Nat'l
at

Bank.

Bank of Oomm

National Bank
oion National Bank
ate

632,500 1
289,074
367.500
1,000,000 1,862,008
<2,500,000 4,447,289
i
800,000
483,452|
1,000.000 1,450,000

Com¬
Bank^ 1,500.000 2,125,000
200,000 k 232,219
dellty Trust Co—.
600.000
979,546
nardlan Trust Co—
<1,400,000
506,011
ouston Land & Trm Jacinto Nat Bk-

mth
Texas
mercial Nat

Common

356.000
294,000

—

Preferred
—
Port Arthur—

95

105

100

170
235

245""

50,292,894
91,310
8,561,918
5,838,915

100

310

325

100
100

ISO"

160""

100

80

85

8,475,031 flOO

95

100

100

100,000
200,000

Common.

500,000
851.000

erchants

Mational Bank




Dec.

555,051
341,394

\100

WASHINGTON
Nomi nal.

SeattleSeattle—First Nat Bk
Nat Bk of Commerce
Pacific Nat Bank...

Peoples N B of Wash.
Sumltemo B of Seattle
University Nat Bank
Seattle Tr A Savs Bk

Per
a

625

40

20

8,000,000 6,880,779 172,395.922
2,500,000 3.869,716 84,669,845 f 25
2.600,000
1,571,996 25,983,498 100
20
1,500,000(1 836,176 29,343,549
100
200,000 d 124,919
2,160,331
20
400.000
207,709
5,758.643
50
550,000 d 548,483
8,158,171

tmock of South Texas National Bank

100
100

6,158,197
4,279,917

30

375

share.
41 J*

175

180

32

36

16
64

70

r

of San Antonio, Texas, all held

Central Securities Co. with exception of directors' qualifying shares.

a

Member of First National Corp.

6 Member of First Security

Corp.

c

Sept. 28, 1938.

2, 1939.
e Preferred stock retirement price.
/Member of Marine Bancorporation.
a Affiliated with the Citizens* & Southern National Bank of Atlanta, Ga.
h Represents quotation for First Security Corp. of Odgen, Utah, class A
d Oct.

} 734,086

18,620,834 1100

160

1100

Bank-

erred----—

National Banks

305""

100 &298
360
100

by

National Bank.
Nat'l Bk.
San Antonio—
iamo National Bk:
rst

Do Nat

j 126,358

14,536,592 [100
1125
32,738,925
55,795,157
10,657,023
34,227,048

stock*

200,000 I
141,409
85.000
1.200,000 1,368,937
I

3,076,586 f

50

42

I 60
37,948,237

100

205"

50
«50
230

< Common and preferred stock
n Price after giving effect to 33

outstanding.
k March 29, 1939.
1-3% stock dividend paid on Jan. 9, 1940.

Controlled by the Joseph F. Meyer interests, r Member Peoples Corp
s Charter issued Jan. 20, 1940, to the Citizens & Southern National Bank
of South Carolina, Charleston, S. O., representing a conversion of the
Citizens & Southern Bank of South Carolina, Charleston, S. O.
o

t Reserves.

'

Feb., 1940]

BANKS

National Banks

Dec.

AND

TRUST

WASHINGTON

30

National Batiks
Dec.

111

Stale

WISCONSIN

30

Institutions

Dec.

30

Gross

Surplus &
Profits

Deposits

S

Capital

COMPANIES

$

Par

Gross

Surplus &
Profits

Ask

Bid

Capital

Par

Deposits

Bid

Ask

Nomi nal.

Spokane—
First Nat Bk in Spok
Old N B&UnTCo.

$
500.000

a

Common

160,616

750.000
750,000
200.000

835,448

Nat Bank of Wash.. al .400,000

991,674
271,601

Washington Trust Oo

740,000

a

45

share.
50

1.10

11.00

24,854,460 /100
100

mm mm

9,041,273

100

rnmmmmm

22,107,898
7,654,511

100

T a co ma—

Puget Sound Nat Bk

100

6,587,914

) 687,632

Preferred

Per

Milwaukee (Conch )
TeutoniaAveStateBk a
West Side Bank
Wisconsin State Bk.
First Wise Trust Oo.

$
200,000
400,000
300,000

%
81,981
877,822
347,696
766,515

1.000.000

mmmmm

$

2,556,939
5,145,457
5,054,973
8,703,192

20
100

6,408,811
8,969,201

Per
7
152

NaTflmn"

18

Nomt nal.

Charleston—

Per

1.062.600 11,631,791

21,763,067 I

25

450,000

KanawhaBkg&Tr Co

38

WYOMING
Per

American Nat Bank.
Stock Growers N Bk.

250.000

330,719
299,284

300.000

share.

100

share.

.

40

600.000

Kanawha Valley Bk.
Nat Bank of Comm.
Centra) Trust Co

9
200

34

Cheyenne-

Charleston Nat Bk:
Common
Preferred

share.

100

20
100

140

125
17

25

Nomi nal.

1.000.000
200,000

439,611
1,366,191
130,611
297,030

600.000

5,784,134
20,494,186
3,711,509
;
442,490

100
100

Canadian Bank Statements

o

100

cent

168

■

Returns

100

are

all of

Nov. 30,1939.

Prices

are per cent, not per

share.

Huntington—
First Hunt g Nat Bk
Twentieth St Bank-

1,000.000

1,188,087
55,915

al22,000

20

21

50

16,658,500 12)4
50
1,111,376

65

Wheeling—
Center Wheeling 8av
Half Dollar Trust Ac
Sav Bank
Nat Bank of W Va._

a

160,000

68,289

1,162,775

a

439,605
600,000
600.000
100,000
300.000

122,202
723,442
670,130
119,726
813,192

2,050,772
5,517,665
5,391,591
1,137,636
5,463,268

1.800.000

3,029,450

21,278,447

Nat Exchange Bank. i
Bo Side Bk A Tr Co.

Security

Trust

Co..

100
25

20

100

124

100

300

100

25

112

100
100

160

130"

National banks

Dec.

Dec.

Bid

Ask

Per

100

cent.

308

169

30

Toronto—
Nom inal.

La Crosse—

Per

Batavlan Nat Bank.

Par

State Institutions

WISCONSIN

30

Deposits

Halifax$
$
Bank of Nova Scotia 12,000.000 24,000,000
272,467,332

Wheeling Dollar Savs
& Trust Co

Gross

Surplus <fe
Profits

Capital

100

share

600.000
175.000
400.000
100.000

302,310
78,311
294,629
174,598

5,061,572
1,218,689 100
6,311,344 elOO
3,047,107 100

22

Amer State Bank

200.000

157,982

25

162,489

100

55

cent.

*254
170

(172
203 )£ ,210
208
'

28

309.900

3,146,775
4,202,267

20

City Bank & Tr Co..

Per

,

Bank of Toronto
/ 6.000.000 9,000,000 135,313,263
Can Bank of Comm. 30,000,000 20,000,000
599,965,083
Dominion Bank
7,000,000
7,000,000 128,503,861

60

Exchange State Bank
Nat Bk of La Crosse_
State Bk of La Crosse

20

24
N

Imperial Bank of Can

0

7.000.000

8,000,000 144,352,255

re cent
sa

les

Milwaukee—

First Wise Nat'i Bk—
Common

7,500.000 16,737,671 237,887,615
Preferred
7.500,000
Home Savings Bank.
o350.000
180,508
2,926,506
Kilbourn State Bk.. a
150.000
60,299
1,895,129

Montreal—

....

20

16

18

20

Lincoln State Bank:
Common

50,000 1
60,426
225,000
2,200,000 2,615,198
Marshall & llsiey Bk a2,940,000
1,953,103
Mitchell St State Bk. a
596,000
18,654
Northern Bank
a
200,000
92,610
Park Savings Bank.
a
539,500 d
84,232
State Bank of Mllw. a
550,000
60,635

1,554,120

100

Income debentures

100

38,211,422
49,741,456
2,639,648
3,505,476
1,878,531
2,466,174

.

160

turbed in

January,

ous

months

the

severe

London

as

Eastern

44

20

21

23

Common and preferred stock'debentures
d Oct. 2, 1939.

100

20

30

s

restrictions placed on

for

31.

silver

20

4

6

t

All stock held by Old National Corp.

i Member First National

continued

Jan.

on

1

and

The

21%d.

The

Hongkong dollar was 24.62@24.68 on
Jan. 1, and 24.74@24.83 on Jan. 31.
The Shanghai dollar
was 7.62@7.78 on
Jan. 1, and 7.67@7.80 on Jan. 31.
Yen
checks

23.44@23.47

were

Jan.

on

1,

and

23.44@23.83

Jan. 31.
tOtOMWbOMtOtOMMMHMMMMMHM

I

I

I

I

I

I

I

I

I

I

I

I

I

I

I

I

t

I

I

I

I

I

I

I

I

I

I

I

I

I

I

I

I

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DAILY RATES

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162"

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42

it had been throughout the four previ¬

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20

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100

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'

MONTHLY REVIEW

112

OF FOREIGN EXCHANGE

DAILY RATES

Denmark

Cables

Checks

Jan.

53.25a53.35

Jan.

53.24a53.29

53.25a53.30

53.23a53.27

Jan.

53.23a53.27

53.29a53.35

Jan.

Jan.

15

Jan.

Jan.

17
18

Jan.

19

Jan.

Jan. 20

Jan.

12 H al2

% disct.

6

12 H

% disct.

7

Jan.

8.

Jan.

available

53.13Ha53.17

22
23

53.12a53.16

Ha53.11

12

Jan.

29.77a29.78

13

57.23a58.00

\ 29.77

57.23o58.00

29.77

57.23a58.00

29.77

57.27058.00

29.77

57.27a58.00

29.77

57.27a58.00

allH % disct.
allH % disct.
allH % disct.

29.77

57.27a58.00

29.77

57.27a58.00

disct.

29.77

57.27a58.00

% disct.

29.77

57.27o58.00

29.77

57.27a58.00

SUNDAY

Jan.

14

Jan.

15.

Jan.

16.

19.31al9.33H

aJn.

17———

19.31al9.33H

Jan.

18

19.31al9.33H

Jan.

19.

Jan.

20

Jan.

21

Jan.

22

Jan.

23

12

Jan.

24.

12

Il13xeall9i6 %

Hi5iaallH % disct.
12
allH % disct.
12
allH % disct.
12
allH % disct.
12
allH % disct.
12^*»allH % disct.

No rates

Available

SUNDAY

ft*

12

53.07

Jan. 25

53.11053.15

53.llHa.15H 19.31al9.32H 19.31 Hal9.33

Jan.

25

Jan.

26.

12

Jan. 26

53.08a53.13
53.08Ha53.14 19.31al9.32H 19.31Hal9.33
53.08a53.10H 53.08Ha53.11 19.31al9.32H 19.31Hal9.33

allH

Jan.

27

12

Jan.

Jan.

Jan.

30

31

30

Jan.

53.08a53.10H 53.08Ha53.11 19.30Hal9.33 19.31al9.33H
53.08o53.09H 53.08Ha53.10 19.30Hal9-33 19.31al9.33H
53.08a53.09H 53.08Ha53.10 19.30Hal9.33 19.31ol9.33H

Jan. 29

31

SUNDAY

28
29

57.27a58.00

29.77

allH % disct.

Jan.
Jan.

SUNDAY

Jan. 28

57.20a58.00
57.23a58.00

Jan. 24

Jan. 27

57.20a58.00

29.77a29.78
29.77

19.31al9.33H

53.14a53.17H 19.30Ha.32H 19.31al9.33
53.12Ha53.17 19.30 Ha.32 H 19.31ol9.33
19.30Ha.32H 19.31al9.33
53.08a53.12

57.22o58y.00

29.77

19.31al9.33H

19.31al9.33

57.11a58.00

29.77a29.78

al2ix# % disct.
12 H al2
% disct.
12% discount
12H allH % disct.
12
allH % disct.
11H allH % disct.

11

Jan.

29.77a29.78

12 H

10--.

Jan.

No rates

al2

SUNDAY

9..

Jan.

SUNDAY

Jan. 21

57.11a58.00

5

Jan.

19.30Hal9.33
19.30Hal9.33
53.16a53.21
53.15a53.20
19.30Hal9.33
53.12 Ha53.19 53.13a53.20
53.18Ha.26H 19.30Hal9.33
53.18a53.26
53.15Ha53.23 19.30Hal9.33
53.15a53.22
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53.13Ha53.16 53.14a53.17

16

29.77a29.78

4

53.25a53.32

53.24a53.31

56.98a58.00

Jan.

SUNDAY

14

Jan.

56.98a58.00
56.98o58.00

29.77a29.78

Jan,

19.29 Hal9.32 19.30al9.33
Ha53.34 19.29Hal9.33 19.30al9.33H
53.30Ha53.36 19.29Hal9.33 19.30al9.34
19.30Ha.33H
53.33 Ha53.45 19.30al9.33
53.33a53.44
19.29Ha.32H 19.30019.33
53.37 Ha53.51 53.38a53.52
19.30 Ha.33H
53.50a53.55
53.50Ha53.56 19.30al9.33

11
Jan. 12
Jan. 13

29.77a29.78
29.77a29.78

Jan.

53.30a53.35

Jan.

disct.

11H allH % disct.
12H all»xe % disct.

19.30Hal9.33

53.28

O.¬ 53.28a53.33

10

11H all3i6%

3

19.29al9.32H 19.29Hal9.33
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53.25 Ha53.29 53.26a53.30

Jan.

Jan.
Jan.

HOLIDAY

1
2

Jan.

SUNDAY

Jan.

Jan.

19.30al9.32

19.29al9.33

Peso

Checks

Cables

Jan.

19.30Ha.33H
19.29Ha.33H

19.30al9.33

Checks

Checks
Jan.

HOLIDAY

53.23Ha53.28
53.23Ha53.28
53.29 Ha53.36
53.25Ha53.36

Jan.

Peso

Checks

Cables

Checks

Colombia

Argentina

Dollar

Zloty

Guilder

Jan.

Canada

Poland

Krone

Netherlands

(Concluded)

12H allH%
12Hal2H%
12 H al2H%

57.27a58.00

29.77

disct.
disct.
disct

29.77

57.27a58.00

29.77

57.27a58.00
Ecuador

.

Finland

Brazil

Bolivia

Norway

Chile

Sweden

Milreis

Sucre

Markka

Boliviano

Krone

Peso

Krona

Checks

Checks

Checks

Cables

Checks

23.80 Ha23.83 23.81a23.83H 22.70 Ha.72 H 22.71a22.73

1.81Hal.95
23.79Ha23.83 23.80a23.83H 22.70a22.72H 22.70Ha22.73 1.81Hal.95
al.90
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22.69 Ha22.72 22.70
23.80a23.83
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ol.90
22.70o22.72
22.70Ha22.73 1.81
23.79Ha23.82 23.80023.83
23.80Ha23.83 22.70o22.72H 22.70Ha22.73 1.81Hal.90
23.80a23.82

Jan.
Jan.
Jan.

Jan.

HOLIDAY

Jan.

HOLIDAY

Jan.

Cables

Checks

Checks

Cables

Checks

1-.

Jan.

2-.

5.05o5.15

5.17a5.19

3.00

6.75

Jan.

3..

5.05Ha5.15

5.17a5.19

3.00

6.75
6.75

Jan.

4_.

5.00a5.15

5.17a5.19

3.00

Jan.

5..

5.00a5.15

5.17a5.19

3.00

5.76

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3.00

6.75

Jan.

6-.

Jan.

7_.

Jan.

6.
7.

Jan.

3.00

6.75

1.81Hal.90

5.16a5.17

23.80a23.82

5.00a5.15

8.

8..

Jan.

1.81

al.90

Jan.

5.00a5.15

5.16a5.17

3.00

6.75

9.

23.80a23.83

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Jan."

al.90

Jan.

5.00a5.15

5.16a5.17

3.00

6.75-

3.00

6.75

Jan,;

SUNDAY

Jan.

12.

23.80Ha23.83 22.7Qa22.72H 22.70Ha22.73
23.80Ha.83H 22.70 Ha22.73 22.71a22.73H
22.71Ha.73H
23.80a23.83
23.80Ha.83H 22.71a22.73
22.71Ha22.73
23.81a23.82H 23.81Ha23.83 22.71o22.72
22.70Ha22.72 22.71a22.73
23.80Ha.82H 23.81a23.83

Jan.

13.

23.80Ha.82H 23.81a23.83

Jan.

10.

Jan.

11.

1.81

al.90

10_.
Jan. 11_.

1.80

al.90

Jan.

1.81

al.90

22.71Ha22.73 1.81

22.71a22.72

14.

Jan.

15.

Jan.

16.

Jan.

17.

al.90
22.70 Ha.73 H 1.82
23.80 Ha23.83 23.81a23.83H 22.70a22.73
23.80a23.83
23.80Ha23.84 22.70Ha22.73 22.71a22.73H 1.81Hal.90
1.81
al.90
23.80a23.82H 23.80Ha23.83 22.70Ha.72H 22.71a22.73

Jan.

18.

23.80 Ha.82 H 23.81a23.83

19.

23.80a23.82H 23.80Ha23.83 22.71a22.73
23.80a23.82H 23.80Ha23.83 22.70a22.73

Jan. 20.

al.90
Ha.73 H 1.82
22.71Ha.73H 1.83Hal.90
22.70

22.70a22.73

22.70 Ha.73 H 1.83Hal.90

13_.

Jan.

5.00a5.15
No rates

5.00a5.15

5.16a5.17

3.00

6.75

available

5.00a5.15

5.16a5.17

3.00

6.75

SUNDAY

14_.
Jan. 15..

5.02a5.15

5.17

3.00

6.75

16..
17..

5.00a5.15

5.17

3.00

6.75

Jan.

5.00a5.15

6.17

3.00

6.75

Jan.

18-.

5.00a5.15

5.17

3.00

6.75

Jan.

19..

5.03a5.15

5.17

3.00

6.75

Jan. 20_.

5.00a5.15

5.17

3.00

6.75

Jan.

Jan.

SUNDAY

Jan. 21.

12_.

5.16a5.17

Jan.

SUNDAY

Jan.

Jan.

SUNDAY

SUNDAY

21-.
5.03a5.15

5.17

3.00

6.75

a22.73 22.70Ha.73H 1.83 Hal .90

Jan. 22_.
Jan. 23..

5.00O5.15

5.17

3.00

6.75

24-.

5.00a5.15

5.17

3.00

6.75

Jan.

25-.

5.03o5.15

5.17

3.00

6.75

Jan.

26_.

5.00a5.15

5.17

3.00

6.75

Jan. 26.

1.83Hal.90
23.80o23.82H 23.80Ha23.83 22.70 Ha.72 H 22.71a22.73
al.90
22.70Ha.73H 1.82
23.80a23.82H 23.80 Ha23.83 22.70a22.73
al.85
22.70Ha.73H 1.80
23.80a23.82H 23.80Ha23.83 22.70a22.73
22.71a22.73H 1.81Hal.85
22.70Ha22.73
23.80Ha23.83 23.81a23.84

27..

5.17

3.00

6.75

Jan. 27.

23.80Ha23.83 23.81a23.83H 22.70Ha.72H 22.71a23.73

5.03a5.15

23.80Ha.82H 23.81a23.83

Jan. 22.
Jan. 23.
Jan. 24.
Jan.

25.

22.70

Jan.

al.85

Jan.

29..

5.00a5.15

5.17

3.00

6.75

1.81Hal.85
23.80Ha23.83 23.81a23.83H 22.70Ha.72H 22.71a22.73
22.71 Ha.73H 1.81Hal.85
23.80Ha23.83 23.81a23.83H 22.71a22.73
1.81Hal.85
23.80H a23.83 23.81a23.83H 22.70H a22.73 22.71a22.73H

Jan.
Jan.

30..

5.03a5.15

5.17

3.00

6.75

Jan.

31_.

5.03o5.15

5.17

3.00

1.80

Jan. 29.

Jan. 30.
Jan. 31.

SUNDAY

Jan. 28-.

SUNDAY

Jan. 28.

6.75

Czecho¬

Spain

Italy

slovakia

Peseta

Lira

Koruna

Peso

Checks

Cables

Checks

l-_

Jan.

2..

9.95al0.15

Jan.

3—

9.95ol0.15

5.04Ha5.05
5.04Ha5.05

Jan.

4„

9.95al0.15

5.04Ha5.05

Jan.

S.¬

9.95al0.15

Jan.

6._

9.95al0.15

5.04Ha5.05
5.04Ha5.05

Jan.

7—
8—

9.95al0.15

Jan.

9—

9.95O10.15

Jan.

10..

9.95al0.15

Jan.

11—

9.95al0.15

Jan.

12_.

Jan.

_

No rates
available

9.95al0.15

9.95al0.15

15..

9.95al0.15

Jan. 16..

9.95ol0.15

Jan. 17..

9.95al0.15

18__

9.95al0.15

Jan. 19—

9.95al0.15

Jan. 20..

9.95al0.15

Jan.

Jan.

Checks

65.83

31.00o31.50

17.00al8.75

23.44o23.47

24.62

65.83

31.00o31.50

17.00al8.75

23.44023.47

24.60

O24.70

65.83

31.15a31.50

17.00al9.50

23.44a23.47

24.49

O24.60

23.44a23.47

24.44

Checks

HOLIDAY
024.68

Jan.

65.83

31.15a31.50

18.50al9.50

Jan.

65.83

31.15o31.50

18.50al9.50

23.44a23.47

Ha24.54
24.47Ha24.62

Jan.

65.83

31.15o31.50

18.50al9.50

23.44a23.47

24.47

024.62

Jan.

65.83

31.15o31.50

18.50al9.50

23.44a23.47

24.60

024.75

24.53

024.75

SUNDAY

Jan.

Jan.

10

65.83

31.00o31.50

19.00al9.50

23.44a23.47

Jan.

11

65.83

31.00o31.50

19.00al9.50

23.43a23.47

24.52

O24.70

23.44a23.47

24.56

024.75

23.44a23.47

24.66

O24.80

No rates

Jan.

12

65.83

31.00o31.50

19.00al9.50

available

Jan.

13

65.83

31.00o31.50

19.00a20.00
SUNDAY

Jan.

14

Jan.

15

65.83

31.00o31.50

19.75a20.00

23.44a23.47

24.68

024.82

Jan.

5.04HO5.05H
5.04Ha5.05
5.04Ha5.04H 5.04Ha5.05
5.04Ha5.05H 5.04 H a5.06
5.04Ha5.05H
5.04Ha5.05
5.04Ha5.05H
5.04Ha5.05

16

65.83

31.00a31.50

19.75a20.00

23.44a23.47

24.68

024.75

24.54

o24.67

024.72

Jan.

17

65.83

31.00o31.50

19.75a20.00

23,44o23.47

Jan.

18

65.83

31.00o31.50

19.75a20.00

23.44a23.47

24.58

19.50al9.75

23.44a23.47

24.65. 024.72

19.50al9.75

23.44a23.47

24.59

024.67

24.62

024.70

Jan.

5.04Ha5.04H 5.04Ha5.05

19

65.83

31.00o31.50

Jan.

20

65.83

31.00a31.50

SUNDAY

Jan. 21

Jan. 22..

9.95al0.15

5.04Ha5.05

Jan. 23__

9.95al0.15

5.04Ha5.05

Jan. 24—

Jan.

5.0&*^5.05H

9.95al0.15

5.04Ha5.05

Jan. 25—

9.95al0.15

Jan. 26..

9.95al0.15

Jan. 27_.

9.95O10.15

22

65.83

31.00a31.50

19.50al9.75

23.44a23.47

Jan.

5.04Ha5.05H
5.04Ha5.05H

23

65.83

31.00a31.50

19.50al9.75

23.44a23.47

24.65 Ha24.75

23.44a23.47

24.74Ha24.87

Jan.

65.83

31.00a31.50

25

65.83

31.00o31.50

19.00ol9.50

23.44a23.47

24.76

Jan.

26

65.83

31.00a31.50

19.00al9.50

23.44a23.47

24.76

O24.80

Jan.

27

65.83

31.00a31.50

19.00al9.50

23.44a23.47

24.75

O24.80

Jan.

SUNDAY

24

19.00al9.50

Jan.

5.04Ha5.04H 1W»C»k)5
5.04Ha5.04H 5.04 % 05^05
5.04Ha5.04H 5.04Ma5.0%

Jan. 28..

Checks

Jan.

SUNDAY

Jan. 21..

Dollar

Yen

Checks

Jan.

SUNDAY

14..

Hongkong

Sol

Jan.

5.04Ha5.05H
5.04Ha5.05H
5.04Ha5.05H
5.04Ha5.05H
5.04Ha5.05H

SUNDAY

Jan.

Japan

Checks

'

Jan.

5.04Ha5.05H
5.04Ha5.05
5.04HO5.05H
5.04Ha5.05
5.04Ha5.05H 5.04Ha5.06
5.04Ha5.05H 5.04Ha5.06
5.04 H 05.05 H
5.04Ha5.05
5.04Ha5.05H
5.04Ha5.05

Peru

Bolivar

Checks

Cables

HOLIDAY

Jan.

Jan. 13.

Venezuela

Uruguay

28

024.85

SUNDAY

9.95al0.15

Jan. 30—

9.95al0.15

Jan. 31—

9.95O10.15

Jan. 29

\

5.04Ha5.04H 5.04Ha5.05
5.04Ha5.04H 5.04 H a5.05 f
5.04Ha5.04H 5.04Ha5.05

65.83

31.00a31.25

19.00al9.25

23.44a23.47

24.78

024.88

30

65.83

31.00a31.25

18.75al9.25

23.44023.47

24.81

024.85

65.83

31.00a31.25

18.37al8.50

23.44a23.47

24.74

024.83

Philippine

Jan. 29..

Straits

Jan.
Jan.

31

India

Java

Bulgaria

Yugoslavia

Greece

Shanghai

Islands

Settlements

Rumania

Drachma

Yuan Dollar

Peso

Rupee

Cuilder

Lev

Dinar

Dollar

Leu

Checks

Checks

Checks

Checks

Checks

Checks
Jan.

Checks

Checks

Cables

Checks

Jan.

2..

.71Ha.73H

1.20

2.26Ha2.35

.71Ha.74H

Jan.

3__

.70

o.73H

1.20

2.26Ha2.35

.71

a.74H

Jan.

4__

.69Ha.73H

1.20

2.26Ha2.35

.71

0.74H

Jan.

5—

.69H0.73H

1.20

2.26Ha2.3'5

.71

0.74H

Jan.

6—

.70 Ha.73 H

1.20

2.26Ha2.35

.72

0.74H

SUNDAY

Jan.

7—

Jan.

8—

.70 Ha. 73 H

1.20

2.26Ha2.35

.71

a.74H

9—
Jan. 10—

.69Ha.73H
.69Ha.73H
.70 Ha. 73 H
,69Ha.73H
.69 Ha.73 H

1.00

2.25Ha2.35

.71

a. 74H

Jan.

11—
12_.
13..
Jan. 14—
Jan. 15__
Jan. 16—
Jan.

Jan.
Jan.

Jan.

Jan.
Jan.
Jan.
Jan.

17..
18—
19-.
20—
21_.
22-.

.71

a.74H

2.25Ha2.35

Jan.

7.62o7.78

4918i«a49.90

46.38

047.75 30.11

O30.20

53.66

.71Ha.75
.71Ha.75
.71H0.75
.72Ha.75

Jan.

7.6107.75

4913i«a49.90

46.33

047.75 30.10

O30.18

53.69

Jan.

7.62a7.85

4913isa49.90

46.15Ha47.75 30.08Ha30.15

53.76

Jan.

7.97O8.10

4913i6a49.90

46.06

047.75 30.07

O30.15

53.68

49i3x6a49.90

46.08

047.75 30.08

C30.14

53.69

7.93a8.12

4913i6a49.85

SUNDAY
46.16
047.75 30.11

O30.18

53.70

7.99a8.06

4913i6a49.85

46.48

7.88a8.06

49i3i6a49.85

46.30

047.75 30.12Ha30.21
030.21
047.75 30.15

53.80

O30.18

53.90

1.00

2.25H02.35
2.25Ha2.35

.71Ha.74H

1.00

1.00

2.25Ha2.35

.70Ha.74H

O30.19

53.97

6

Jan.

.71Ha.75
.71Ha.75
.71Ha.75

Jan.

7

Jan.
Jan

Jan.

8
O.¬

10

7.8607.88

53.75

Jan.

11.

7.89a8.00

49i3i6a49.85

46.35

.71H0.75
.70Ha.75

Jan.

12

7.88O8.00

4918x6049.85

46.39

047.75 30.13

Jan.

13,

7.90O8.00

49

Jan.

14.

46.53 Ha47.75 30.14Ha30.20
SUNDAY

54.00

SUNDAY

.69Ha.73H
.70 Ha.73 H
.70 Ha.73 H
.70 Ha.73 H
.71Ha.73H
.70 Ha.73 H

a.75

047.75 30.13

2.26Ha2.35

7.93O8.00

1.00

2.25H02.35

047.75 30.11 Ha30.20
O30.20
46.64Ha47.75 30.14

53.70

1.00

15

1.00

2.25H02.35
2.25Ha2.35

1.00

1.00

2.25Ha2.35

1.00

2.25Ha2.35

.71

a.74H

.72

.70Ha.74H
,71Ha.74H

.71Ha.75
a.75

Jan.

16

8.OO08.IO

49H a49.85
49H a49.85

46.60

Jan.

17.

8.00O8.10

49 H

46.44

a47.75 30.14

53.65

0.74H

047.75 30.13

53.75

a.74H

46.46

C30.23

.71

.71Ha.75
,71Ha.75
.72 Ha.75
.71Ha.75

O30.18

.71

46.51

047.75 30.15

O30.25

53.67

46.44

047.75 30.14

O30.22

53.66

.71Ha.74H
.71Ha.74H

.72

Jan.

18

7.9508.00

Jan.

19

7.94a8.00

Jan.

20

Jan.

1.00

Jan. 24__

.63

a.68H

Jan. 25„

.63

Jan. 26..

.63

Jan. 27—

.63

a.66H

.71Ha.75
.72 Ha.75
.71 Ha.75
.71 Ha.75
.72 Ha.75
.71Ha.75

Jan.

Jan. 28

2.25Ha2.35
2.25Ha2.35
2.25Ha2.35

.71Ha.75
.71Ha.75
.71Ha.75

2.25H02.35
2.25H02.35

1.00

2.25 H a2.35

o.65

1.00

2.25H02.35

a.65H

1.00

2.25Ha2.35

a.67H

1.00

Jan.

.63

1.00

.63

1.00

0.67H
a.66H
.60Ha.65




1.00

7.92O8.05

a49.85
49 H a49.85
49 H a49.85
49 M 049,85

21

SUNDAY

1.00

.63

Ma49.85

Jan.

SUNDAY

.70Ha.73H

28
Jan. 29
Jan. 30—
Jan. 31..

a.75

.72

.

1.00

Jan. 23..

Jan.

HOLIDAY

Jan.

HOLIDAY

1__

2.25H02.35

.71Ha.74H
.72 Ha.74 H

.71Ha.74H
.71Ha.74H

.72Ha.74H
.71Ha.74M
.71Ha.74H
.71Ha.74H

.71Ha.74H

53.69

SUNDAY

22

7.89a8.00

49 H
49 H

46.52

047.75 30.12Ha30.26
O30.27
047.75 30.19

53.65

7.81a8.00

a49.85
a49.85

46.48

Jan. 23

24

7.70a8.00

49H 049.85

46.63

047.75 30.18

O30.28

53.60

o47.75 30.19

O30.28

53.65

Jan.

53.65

Jan. 25

7.73a7.75

49 H

049.85

46.72

Jan.

26

7.71a7.75

49H 049.85

46.73

047.75 30.17

a30.25

63.60

Jan.

27

7.77O7.90

49M a49.85

46.75

047.75 30.18

O30.26

53.60

Jan. 29

7.73a7.88

49 H

46.79Ha47.75 30.18

C30.23

53.60

Jan.

30

7.76a7.80

53.60

31

7.67a7.80

047.75 30.19
a47.75 30.18

030.25

Jan.

O30.25

53.60

SUNDAY

049.85
49 X a49.85
49H 049.85

46.87
46.78